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MERCHANTS’
HUNT’S
MAGAZINE,
% ^ff 1Utt Dkw$pnp*¥,
REPRESENTING
TIIE
INDUSTRIAL
AND COMMERCIAL INTERESTS OF THE UNITED STATES.
[Eutercd according to act of Congress, in tile year 1S3-L by W.M. B. Dana &. Co., in tho oiiice of tile Librarian of Congress, Washington, D. C f
YOL.
NO. 1,009.
SATURDAY, OCTOBER 25, 1884.
39.
Week Ending
CONTENT8.
IFec/i Ending Oct.
October 18.
11#
i
.
THE CHRONICLE.
447 | Monetary
Clcnring-IIouse Returns
448
The Financial Situation
7
Report
and
Foreign
English News
4 5.1
merce
;
1
and
Railroad
Sto. ks
Bonds
(Cott
I
Quotations of Stocks and Bonds
New York Local Securities
and
Range in Prices at the N. Y.
Stock Exchange
...
1
Railroad Earnings and Bank
j
Investments, and state. City
463 I Breadstuff's...
403 I Dry Goods
and
Financial
....
$73,868,301
0,295.000
1,334.971
Hun ford
1,018,050
1,222,845 j
Springfield
757,425
Lowell
510,525
780,862'
n
Total N. England
in
:
Subscriptions will he continued until definitely ordered to he stopped.
England.
The office of the Commercial and Financial Chronicle in London
is with Messrs. Edwards *fe Smith, 1 Drapers’ Gardens, E. C.. where
subscriptions and advertisements will be taken at the regular rates,
and single copies of the paper supplied at Is. each.
The oiiice of the Chronicle in Liverpool is at B 15, Exchange
Buildings.
WILL.IAITI B. DANA Ac €o., Publishers,
WILLIAM B. DANA
William
$05,30(5,085
4,453,800
Boston
469
The publishers cannot he responsible for remittances unless made by
Drafts or Post-Office Money Orders.
A neat tile cover is furnished at 50 cents; postage on the samo is 18
cents. Volumes bound for subscribers at $1 00.
79 Ac 81
(79,401,000)
804,999!
829,903
For One Year (including postage)
$10 20
For Six Mouths
do
6 10
Annual subscription in Loudon (including postage)
£2 7s.
Sixmos.
do
do
do
£1 8s.
These prices include the Investors’ Supplement, issued once in two
months, and furnished without extra charge to subscribers of the
Chronicle.
JOHN G. FLOYD.
(Petroleum..bbls.)
(3,052.034)
(052,300),
(53,471,300)
(48,078,1)00)
Worcester
New York every Saturday morning.
[ Entered at the Poet Office, New York, N. Y., as second-class mail matter. |
Offices in
1 PcrCcnt
Street, NEW YOKK.
-40'4
$190,582,477
-43-0
468
Chronicle is published
TERMS OF SUBSCRIPTIOM—PAYABLE IN ADVAN ZE
hales.),
Cortland
%he Cinrenxicic.
Thb Commercial
$919,008,020
1,110,121
1,04\255
877,950
TIIE COMMERCIAL TIMES.
Commercial Epitome
Cotton
(drain...bushels)
(503,4u0);
{32,9(5.*,Odd)
Now Hav
and Corporation Finances...
456 i
(1,5:17,282)
sharps.)
n
ITovidenee...
Returns
455
1884.
Per Cent.
1
(Stocks
TIIE BANKERS’ GAZETTE.
Money Market, Foreign Ex¬
change, U.S. Securities, State
$518,575,2 to1
Now York
Mali’s of—
News
450
Com¬
1883.
Commercial
Commercial and Miscellaneous
Oregon Railway «fc Navigation
Int* mal
1884.
and
Philadelphia
Pittsburg
997,711
(370,900)
(-44-8)
(-58-7
(20,004,012)
(-48'h)
(50,308,000)
(-30-7)
$64,308,810;
—11 0
—293
—17*5
—12’2
4,1 O'-,200
-311
1.480,889
-12'0
—9’2
1.) 72,313
-4-0*0
-j-4'8
4-1-5
—S'7
—34-3
950,865
-51
881,090
-3*3
781,453
—21'4
:S0,M8j
—IPS
$75,402,732
$30,484,811
—12*8
$74,316,000
$49,107,038’
$04,493,787 i
—239
14'2
12,899,490 !
14,445,200)
-107
—40
$10,288,303,
$87,506,770:
-19 7
$67,725,795
—11*7
-11*8
Baltimore
8,027,773|
-
-0'7
—5'2
$43,929,784
8,967,050
$50,790,6101
-13-5
10,890,100)
Milwaukee
S,K78,840j
Detroit
2,909,495
8,013,143;
3,128,190
L- dianai olis
1,300,394
2,105,900
1,420,109
2,353,784!
—17 7
4-7-3
—6*8
—11 5
—74)
1,531,270;
-7 3
904,022’
—119
$4" ,233,490
8,01 5,-00
3,392,094
3,232,187
1,325,066
2,155,959
1,100,<00
948,989
$74,740,088
—12-5
$05,994,1 U
-111
$13,720,127
7,898,954
3,630,832
8,953.205
1,122,555
-23Y
-2P9
Chicago
Cincinnati
Cleveland
olumbus
(
1,408,563
849,140’
Peoria
Total Western...
$
'5,420,944,
,
-15'5
-4'7
-10
-18-0
+1*2
-2*7
-90
•
$10,388,566]"
—8*7
8,094,519
9,970,190
—12-8
Louisville
3,049,587
4,410.819'
—17-3
Kan-as City
Memphis
4,(4)9,293
2,780.000;
d-47’1
1,257,009,
1,357,342j
—7-4
$32,005,702,
$34,917,785;
—05
$30,834,073
-14-8
$12,966,044
$14,144,834'
—S-3
$10,811,129
-0-5
$775,319,540 $1,217,463,030
—3(93
$745,763,605
-333
$14,904,724'
St. Louis..
New Orleans..
....
Total Southern..
San Francisco
,
-18-4
+74'4
-2-7
:
Total all
Post Office Bi>x 958.
As it is of interest in this connection to compare
CLEARING HOUSE RETURNS.
exchanges for the week ending October 18 mark a
condition than any week since we began our record, the
decline from 1883 reaching 35*3 per cent. It is to be noted,
The total
worse
however, that this more unfavorable turn is wholly due to New
York, and probabhr in good part to the faliing-olf in specula¬
tive transactions.. At tiie Stock Exchange, for instance, tlie
sales were less than half of last years' total, the value of the
shares changing hands reaching for the week under review
only 8111,370,000 against 8231,133,000 for the same week a year
ago. If we were to include bonds, anil could figure private
sales of securities also, the difference would be even greater.
the changes
place from week to week in the percentages
of the different sections, we have brought together in the fol¬
lowing the results of the past four weeks. It will be noticed
that on the whole there lias been an improvement in each class
of cities except in New York, and that in New York the retrogade movement lias been pretty constant.
which have taken
J
Week E ailing-
Sept. 'A!
Oct.
Xne
|
York.
i
!
Xiir
.j -35 0 j -13*4
.(
4
11.,
-270
.j —40-4 j -133
.j
IN
—43(5
Middle.
j England.
j
—12-8
1
IT extern. South'rn.
i
—
ISO
-19'5
j
-7’9
1
-13-8
-111
-11*7
—
19-7
!
—12-5
San
Total
J mne'eo.
All.
10- i
—18'3
-30 3
—1P4
—0*4
-23-6
14-8
—9*5
—0-5
—8'3
—
—
-33'3
-
30 3
—90
—HOD
13*0
A v‘go 4 week- .! —37-1
1 7’*j Is —11*5
I
-137
Still, doubling the above amounts and deducting the same from
the New York totals, we have left $205,823,000 and 8457.342 000
j By telegr aph we get the follow ng for five days later, indirespectively, as the clearings at this city otherwise arising, or eating the course of business up to last night (Fri lay), when
a loss of 35*3
per cent.
Outside of New York the falling-off ! we go to press. It will he noticed that there is some improve¬
this week reaches only 13:8 per cent.
ment over the previous week at all points heard from.
The points which present an improvement over the previous ;
Five Dans End'd Oct 17
j
Fin ])a\)s Ending <)ct 21.
week are Boston, Providence, Port and, Worcester, Spring!I ■ 1834.
-■
Per Cent.
1S84.
1883.
field, Pittsburg, Milwaukee, Indianapolis, St. Louis, New
J PcrCcnt
1
Orleans and Louisville, being most marked at St. Louis and New Y' r
—28 5)
-433
$430.502,089
$743,343,447
j $528,101,800 (2,710,153) (-360)
of Stock ((slis J
(1.828,02*) (-529)
(1.721,9*0)
Springfield. The freer crop movement accounts for the better Sales
—12 5
Boston
—57
$05,257,501
$54,484.011
$09,184,058
showing at some points, notably New Orleans and St. Louis, i Philadelphia..
—20 7
-24‘ 1
50.032,909
39,842,130
j
37,994,375
the receipts of cotton at the former city approximating Baltimore
-143
-80
10,57 ,500
11.442,898
!
10,03,3 58
-8-4
—7'1
St. Louis
12,524,764
13,34 4.345
j
12,398,912
closely to and at the latter exceeding those of last year. The
—
i
_
_
_
;
.
..
details
are as
follows:
•A
—13’3
$40,888,110
7,019,004
13,818,081
8,281.175;
Total Middle....
(1,150,600)
(—49-0)
(—22-8)
(—3h'3)
(+03-1)
Tata’
1 $054,255,908
$887,347,(557
—20'3
$552,991,151
-
393
l
1HE
448
CHRONICLE,
its
war
of rates of 34 million dollars net,
[Vol. XXXIX.
and four
per
cent
bought at 86 is nearly five per cent on the in¬
The sequel to the very unsatisfactory closing of the Wall vestment, without counting the chances of an advance and
of larger dividends.
Street markets, which we noted last week, has been another
Among the properties which have met with some support
general fall in prices, followed by great irregularity and
renewed feverishness.
Aralues in which the public are not during the week, was Union Pacific. Aside from the
directly interested need nothing more to unsettle them speculative influences sustaining that property, it is claimed
that the financial condition of the road is improving, and
than the withdrawal of the support they have received.
that $1,700,000 has been paid on the floating debt since
In this case, however, the movement was assisted by a
bitter rate war, made doubly disastrous by the sale of July 1st, which obligation is now, according to a
a little long stock with
A somewhat similar Boston statement, reduced to about $3,900,000. Central
no buyers.
New Jersey was broken down
on
AYedncsday by
experience in previous weeks, has befallen several other
well-known properties, but this time the holders of what disquieting reports from Philadelphia regarding the embar¬
rassments of the Reading, it being stated that a holder of
are
known as the Vanderbilt stocks have been the imme¬
THE FINANCIAL
SITUATION.
stock
on a
mortgages pledged as 'Collateral had sacrificed
auction, being unable to dispose of them at the
As to the exact present situation of the contest between
Still, this stock has presented an undertone of
the West Shore and New York Central, it.is perhaps Exchange.
impossible to speak definitely. The fact is known that the strength, the impression being encouraged that certain
former reduced the local tariff within the State to the corporations are seeking to procure the control of the com¬
diate victims.
some
of the
them at
'
mile, and that the Central followed pany through the purchase of its shares. That, of course,
with a similar reduction.
This, of course, in a measure gives it a speculative value. But is it not quite likely it
i\sa conse¬ may be discovered later on that some" one owns it even
disturbed State business over all the roads.
basis of
one
cent per
now
?
also, rates to Chicago on every trunk line became
Philadelphia
Read inf} receivers' report of the financial
unsettled, for to retain the traffic a rebate had to be made
condition of the property under their charge has been
by each of them equivalent to the reduction to Buffalo.
The report is unsatisfactory both as
Such conditions as these, if allowed free play, could only issued this week.
matter and showing, and in the former particular
end in a ruinous reduction on passenger business of reg ,
leaves things in greater confusion than before.
Most
every kind. Eastern as well as AVestern.
But a result so
disastrous was prevented, at least for the time being, by an interest of course attaches to the exhibit of floating debt?
and it is precisely here that the report is most obscure. There
agreement respecting AVestern rates which provides for a
uniform basis of reduction below the schedule ; this has is not much fault on this point to be found with the
been adopted by all the companies, and apparently balance sheet of d une 2 (the time when the receivers took
acquiesced in by the AVest Shore. But how long the truce possession), but the later statement, purporting to give the
will last must depend upon circumstances.
If the West debt on September 30, and showing a large decrease
AY hen the
Shore is to remain an independent line with an aggressive in the interval, is difficult to understand.
receivers were appointed it seems that the company owed
policy, it can easily make trouble until restrained by the
Court. The Court would scarcely let its receivers continue $12,910,926 on loans and notes and bills payable, and
business which was clearly ruinous ; that it is ruinous $6,556,231 more was due for rentals, wages, &c., making
a
must, however, be proved.
Some are so uncharitable a total demand debt of $19,467,157. In addition, the
Coal & Iron Company had current liabilities to amount of
as to think the AVest Shore is not even now an independent
line, while others claim that this cut is for the purpose of $3,544,333, made up of $1,628,556 loans and bills pay¬
able, and $1,915,777 due for wages, materials, &c., giving
forcing a purchaser.
But. in the meantime, may it not be worth while, for us an aggregate gross floating liability of $23,011,490 for
The proper offsets against
investors to inquire whether, after all, some stocks are the two companies combined.
this large debt it is not easy to determine.
Cash on hand
not, in this general fracas, getting" cheap? We do not
in
the
case
of
Railroad
the
Company
was
$38,860, bills
mean that they are safe to speculate in, for wo know liter¬
ally nothing about speculative values. Besides, it is not receivable were $147,193, freight and toll bills $1,203,962,
at all certain that prices even of the properties that have and there was $815,319 due on current business—or an
declined most, will not go lower, for it is possible aggregate of $2,505,370.
There was, besides, $5,601,443
due
by “leased and controlled*’ lines; but as this is veryas
we
have seen that rate cutting may become even
much
like a debt from one part of the system to another
more desperate, that general business may grow even worse
than it now is, and dividends be further lessened.
Yet. part of the same system, we doubt whether any of it
admitting this, will not, for instance. New York Central can lie considered an actual available cash asset. Deducting
at say 86(g) 87, bear investigation ?
To be sure it is par. the $2,505,370 cash items from the $19,407,157 gross debt,
ailed a good part of the way by the West Shore, which and we have a net debt not much below 17 million dollars.
apparently is spoiling for a fight/while its ^attitude as a Of course, the company could not carry such a large
defaulter enables it to be reckless.
Yet such a contest is, amount of demand liabilities unless it had securities of one
kind or another to- put up as collateral, and we find that
as
every one knows, necessarily temporary ; worse cases
have been cured in a month or less; and even if the the $12,327,783 of loans and bills payable were secured
war lasts
longer, it does not change the fact that the by stocks and bonds of an aggregate par value of $36,To those curious to know what composes the 36
Central is a wonderful property, lias marvellous facilities 182,308.
for doing business, and holds terminal rights and privileges millions of securities, we will say that according to thethat are almost invaluable.
Furthermore, is it not true that balance sheet, the company had only $19,939,564 of stocks,
the more recklessly a railroad contest is continued, the of companies other than the Coal & Iron Company, so it
more speedily it will end in
the survival of the fittest? must have used a large amount of the bonds of that com¬
It is also well to remember, in that connection, that the pany, of which it held $39,737,965, besides $8,000,000 of
In the case - of this Coal &■ Iron Company the
Central can save about $900,000 net for each one per cent stock.
the dividend is lessened; so if it should only divide four offsets to the $3,544,333 floating debt mentioned above,
are $3,326,847, or nearly sufficient to wipe it out, so that
per cent for a year, that would leave a margin for loss by
quence
October 25,
1884.]
debt of the Railroad Company is also
the net debt of both companies.
So far the figures given present no special difficulties.
the 17 millions net
449
THE CHRONICLE.
proportion of reserve to liabilities, and this probably
induced the management to make no change.
Since June
25 the Bank has lost £5,875,387 bullion, and the propor¬
tion of reserve to liabilities has been reduced, in this inter¬
the
them with • those furnished
val, 10 13-16 per cent, or, taking the extremes thus far
for the 30th of September, only close analysis enables us to
this year, 164 per cent.
This drain of bullion has been
understand the changes reported. To be sure the later
mainly out of the country, partly to the Continent (though
statement is incomplete, but nevertheless it undertakes to
France gained in the first-named interval only £571,455
make a comparison of the gross floating debt on the two
The requirements
dates. Against a total debt of '$19,407,157 on the Rail¬ net), and largely to Egypt and India.
for the interior of Great Britain have also been heavy of
road Company on June 2, it now reportsr a debt of
late.
If from the low stock of bullion now in the Bank
$11,661,885 with $2,747,911 receivers’certificates issued
there should be taken large sums for America, the direct¬
meanwhile, making $14,409,790, a reduction of no less
ors would be forced to act effectively.
It is possible, how¬
than $5,057,361; and on the Coal & Iron Company, against
ever, that instead of making a sharp advance they may, in
a total of
$3,544,333, the debt is now reported as only
case of necessity, increase the price
of bar gold, which,
$1,908,006, with $232,167 certificates outstanding, or
together or separately, would aid in accomplishing the
together $2,140,173, a reduction of $1,404,160. Hence desired
object—that of checking the outflow of bullion.
we are given to suppose that in the short
period between Banker's
balances remain practically unchanged, ranging
June and September there has been a reduction in the
from 1 to H2 per cent, and for the past few days it has
debt of the two companies of $6,461,521.
Now it is clear
been difficult to loan money even at these rates.
Reports
that there can have been no such reduction unless by a sale
from the interior indicate a movement to, rather than
the other side of the account, or the
of assets on
from, the distributing centres, and recently there has been
omission of certain liabilities that have accrued in the
a
demand at Chicago for New York exchange, it being
interval—not unlikely because of both circumstances
combined. The September statement is unaccompanied required for the remittance of funds due here for mer¬
chandise in excess of the amount payable at the West for
by any exhibit of assets, and, therefore, is nearly value
less.
If the Central of New Jersey stock carried by Mr staples. The shipments now being made from this centre
are
mainly to the South, where there is a pretty active
Vanderbilt was sold before September 30, that alone would
demand for eurrrency.
The following statement, made
account for a large reduction in the debt, but would of
up from returns collected by us, exhibits the week’s receipts
course involve an even larger reduction in the assets. In the
and shipments of gold and currency by the New York
last annual report it was stated that there was still due on
banks.
this purchase the sum of $3,460,311, the 50,000 shares pur.
Net Interior
Shipped by
Received by
chased having cost the company an average of $78 04 per
Week Ending Oct. 21, 1884.
Movement.
N.Y. Ranks. N.Y. Ranks.
share, or about $3,900,000. Mr. Vanderbilt is supposed
Gain
*1,000,000
4508.000
11,514.000
Loss. 1.020,000
*1,020,000
to have sold the stock for about 50.
But independent of Onrrfinfty.
□old
Loss.
*14,000
41,528,000
4>1,514,000
anv loss of
assets on this or any other account, a note
Total gold and legal tenders
appended to the later statement would seem to show
*$1,003,000 of this was transferred In the shape of silver certificates
that the exhibit of debt is only partial, for we are told that by a deposit of gold In the Sub-Treasury.
The above shows the actual changes in the bank holdings
it “does not include the sums due by the receivers for
current business, for wages, materials, kc., nor to con- of gold and currency caused by this movement to and from
addition to that movement, the banks have
necting railroads, for which the receivers have sufficient the interior. In
lost $1,000,000 through the operations of the Sub-Treasuryassets, nor does it include the accruing interest on funded
Add¬
“loans not payable until subsequent to June 2. 1884, nor and have gained $750,000 by imports of gold.
balance of rentals due leased lines since that date.” It is ing these items to the above, we have the following,
difficult to make out just what this means, but according which should indicate the total loss to the New York
to our interpretation it seems to exclude pretty nearly Clearing House banks of gold and currency for the
everything that has matured or accrued since the receivers week covered by the bank statement to be issued to¬
took possession. Why. therefore, they undertook to furnish day.
Net Change <n
Into Banks. Out of Banks
Week Ending Oct. 24, 1884.
any comparison at all on such an unfair basis, we fail to
Bank Holdings.
comprehend.
114,000
Loss.
$1,528,000
f 1.514,000
Banks’ Interior Movement, as above
Loss.
250,000
1,000,000
750,000
Foreign exchange is weak and lower, mainly in consequence 3ub-Treae. operations & gold impta.
Loss.
$264,000
*2,528.000
$2,204,000
of the pressure of commercial bills chiefly cotton, which
Total gold and legal tenders
The Bank of England reports a loss of £924,000
staple lias been moving very freely from the ports this week.
There have also been some offerings of bankers’ bills, pre¬ bullion for the week.
This represents £115,000 sent
sumably drawn against securities, although these drafts abroad and £S09,000 sent to the interior. The Bank of
are not urged on the market.
Rates are now low enough France gained 3,550,000 francs gold and 2,650;000 francs
to admit of the importation of gold at a small profit, and silver, and the Bank of Germany since the last report lost
about £400,000 are in transit, of which £200,000 are con¬ 1,021,000 marks.
The following indicates the amount
signed to the Bank of British North America and £100,000 of bullion in the principal European banks this week and
to Messrs. Brown Brothers k Co.
In importing gold? at the corresponding date last year.
October 25, 1883.
however, at current rates care must be taken to
October 23, 1884.
secure the
bills with which to cover the gold, and
Silver.
Gold.
Silver.
Qold.
also to procure bars.
Any further decline in sterling
&
&
£
&
may be arrested, as it is likely to be met by an upward
22,544,549
19,565,828
movement in the minimum rate of discount by the Bank of Bank of France
42,343,471 41,136,176 38.651,92! 40,703,302
6,771,500 20,314,500: 6,841,000 20,523,000
England. Still, an advance in the Bank rate might cause Bank of Germany
68,680,799 61,450,676 63,037,470 61,226,302
Total this week
a fall in the price of 60-day bills without materially chang¬
69,477,758 61,390,4581 !63,607,720 61,317,646
Total previous week
ing that of sight bills. It was supposed, early in the week
The Assay Office paid $134,227 through
the Subthat the Bank minimum would be put up on Thursday; but
although there was a loss of £924,000, it gained 13-16 in Treasury for domestic bullion, and $760,223 for foreign
But when we come to compare
“
“
“
*c
-
i
....
450
THE
CHRONICLE.
bullion, and the Assistant Treasurer received the follow¬
ing from the Custom House.
Consisting of—
Duties.
Date.
Gold.
TJ. S.
Gold'
Silver Ccr-
Notes.
Certifies*
tificatcs.
$101,000 $119,000
$373,8 O SO
347,145 52
$1,000
20.
547.054 75
21.
488,368 08
22
233.808 77
10,000
90,000
63,000
03
301,791 00
5,000
158,000
104,000
97,000
Total
5-2,315,599 58
$45,000
$83G,00<1 $732,000
$671,000
Oct. 17.
“
18
“
<<
•“
>
a
10,000
63,000
$90..»<>
lSl.OOt
8,000
93,000
198,000
215,000
117.00
8.000
190,000
168.000
121 no
05.00.'
OREGON RAILWAY d NAVIGATION REPORT.
The
report of the Oregon Railway & Navigation Com¬
[Vol. XXXIX.
of rentals would be reduced in
just the sum that was paid
under review.
these doubtful questions on both
sides of the account, and taking the result of the past
year just as it is, what is the position of the company as
respects its present requirements for interest and divi¬
dends ?
In 1883—4 $1,800,000
(7.1 per cent) was paid out
for dividends.
In the present year only $1,44 0,000 will
be required for this purpose on the basis of the G
per cent
dividends now being paid.
Here is a saving of $360,000.
On the other hand interest on $5,000,000 7
per cent
debentures put out last April did nop count in the late
year, the first coupon not falling due till October.
If this
shall prove a charge against-earnings in the current year,
it will wipe out almost the entire gain on the reduction
in dividends.
Hence the result as far as surplus is con¬
cerned would be not materially different from what it was
in the past year.
But to add to its business in the present
year, the company has a prospective increase in traffic, to
on
that lease in the year
But disregarding all
issued this week, confirms the position assumed by us
or twice in
these columns, namely, that in the late
fiscal year the company had not earned the dividends
actually paid out in the twelve months, but that on the
other hand it had certainly earned six per cent—the present
rate of distribution.
Furthermore the report shows that result from the connection to
be made some time in 1884
the deficit in meeting the dividends paid during the year with the
Oregon Short Line of the Union Pacific, forming
was
only $70,300, which is much more favorable than another through line east in addition to that over the
expected, for the shortage is only about three-tenths of Northern Pacific. Further, about half the proceeds of the
•one per cent on
the 24 millions stock outstanding. In debenture bonds sold went to purchase the Columbia &
other words, as the deficit occurs after allowing for 7T per Palouse Railroad.
This line, the report states, is com¬
cent dividends, the company earned somewhat over 7 1-5
pleted for 92 miles of its length, and was opened for
per cent during the year.
business only a short time ago.
Hence the Navigation
pany,
once
It is well to state that this result was,
in
some measure
decided increase in the income from
miscellaneous sources, which reached $301,444, against
only $85,107 m 1882-3. As to the stability of tl is
income we have no means of judging.
AVe see it includ- s
$120,500 as dividend on the stock of the AYalla-AValla &
Columbia River Railroad Company.
There was no such
item last year, which gave the impression that that road’s
accounts were no longer kept separate and that its earnings
were included in those of the
Navigation Company, the lat¬
ter holding all the stock of the road.
That seems to have
been an erroneous assumption.
Two years ago, how¬
ever, the item did appear, and for just about the same
amount, namely, $129,194.
The miscellaneous receipts
to
referred
also included $170,887 as balance of gen¬
eral income account, while in the previous yea- ihe
amount had been
only $50,050.
It is p( tsib e the
amount to credit this year was so much larg.tr became
brought about by a
very
of the bond sales made,
edge
but
we
have
no
that point.
’While giving prominence to the larger part played
by this miscellaneous income in the company’s revenues,
it is only fair to state that some items of payments on
the other side of the account have also been brought in
that did not appear in previous returns.
Thus the man¬
agement has allowed for $91,000 as depreciation of steam¬
ers on the different divisions of the road, Ocean, River, and
Puget Sound. Under Air. Villard’s management, no such
was
made.
omitted in the late year, instead of a
there would have been a surplus of
source
As
Had the
same
been
deficit of $70,300,
$20,700, even after
paying full 7.1- per cent. The item of rentals, too, is very
much greater, being $35-1,180; in 1882-3 the amount was
$145,429. reported as rental of the ‘‘Oregonian Railway
Company.” The Navigation Company had to pay, we
know, about $72,000 additional in 1383-4 on account of
its proportion of the rental of the Northern Pacific Ter¬
minal Company, but otherwise the increase is unexplained.
prospect of increased traffic from that
a
also.
have before
remarked, the character of the com¬
pany’s business has undergone a marked change. From
being almost exclusively a water line, it has become chiefly
j a rail line, the railroad having slowly but surely super¬
! seded the water route wherever practicable. The change
j m this respect during the last two years has been most
j noteworthy. A\re give below the earnings on each divis¬
ion of the property for five years past.
The result on the
we
t
Narrow
Gauge division (Oregonian Railway) for the past
year is not stated in the report, the company disputing as
stated the validity of the lease, but we have made up the
figures by using the totals given and subtracting the fig¬
of the other divisions from them.
ures
1879-80.
Ocean Division
Operating expenses
1880-81.
1881-82.
1882-83.
911.829
8
998,510
080,034
8
781/29
350,429
585 533
005,104
570,025
490.033
280,459
320,290
393,430
410,014
288,2 90
1.992,830
2 278,838
2,072,957
1,010.145
097,315
891 009
1,262 549
1,134,569
831,479
587,043
1,101,707
1,010,289
938 388
178,000
109,072
359,077
90,973
539,578
1,673,741
613,061
2 810,402
3.535.0:5
215 301
9‘-9.984
1.503,104
209.004
321,277
1,030,680
1,840,118
2,031,851
*53.1 15
54 -ITS
29 219
*vgy. •!
•
81,930
<0,840
*df.2,UMJ
df.i.7,4 8
df. 17,0 27
144,5 H
245 419
SI 9.028
10
,s.8>i
170,717
£4-/45
■WT,°
74,702
70,3i3
—
Gross cumin vs
definite knowl¬
on
charge against income
Company has
.
Net earnings
*
4
636,8 -'8
1883-84.
River Division—
Gross earnings
Operating expens'9..
Net earnings
Railroad J)ivision—
Gross earnings
Operating expenses.
Net earnincs
Narrow
Gri
ss
Guajv J)iv.—
o.nrninps
.......
Operating expenses..
Net earnings
•
Pinjet Sound Division—
Gross earnings
Operating
Net
...
expenses
*
earnings
All Divisions—
Gross
2,989,701
3,730,215
4,947.980
5,109,513
13 32,471
2,Of,3,583
2,54 1 SO 1
V,024.17;
2
earnings
13 57.23 )
l.mi.sos
2
2.470.84-2
2.182,575
Net
.
earnings...
Operating expenses..
* Eleven n.omlis
-103,114
5.3U.906
882,331
only.
In 1879-80 out of total net
earnings of $1,657,230. the
River division contributed $1,101,767, and the Railroad
division only $26.9,004: in 1883-4, on the other hand, out
of $2,482,575 total net earnings, the River division con¬
Croat interest attaches to this item of rentals, because the tributed
only $109,672, and the Railroad divison $2,031,Oregon Navigation is seeking to have the lease of the 851. But the changes between the last two years are also
“Oregonian Railway," which entails a largo annual lo*~, worthy of note. Thus the gross earnings on the Railroad
declared void. If its claim should be sustained, the amount division increased over $700,000 and the net earnings
October 25,
1884.]
THE
Ocean and the River divisions
have lost largely in gross and net:
The opening of the
Northern Pacific is of course the reason for this. The
Ocean line lost the through traffic to Portland, which for¬
merly went to San Francisco via the. Central Pacific, and
thence by water over the Oregon • Navigation lines to
Oregon. " Now the Northern Pacific gets this traffic, and
of course the Navigation rail line (forming the western
end of the Northern Pacific route) gains accordingly.
The River division also has sustained a further loss by a
$191,000, while both the
railroad line.
of the operations of the Railroad divis¬
transfer of traffic to the
One feature
ion
is
worth
commenting on.
451
CHRONICLE.
AVe called attention
in ascertaining the absolute and the rela¬
value of the domestic trade could hardly cause an
extreme accuracy
tive
addition of
In
a
dollar to that value.
does
what
our
internal
commerce
consist?
it is
by the value, at the point of consumption, of
all domestic products consumed within the year, plus the
excess of value given to foreign goods by and after impor¬
tation.
It takes three railroads to bring a bushel of wheat
measured
from
Chicago to New York by one line ;
another line.
in the
the wheat comes all the way
It would be absurd to multiply the price
In either
same car.
only one by
case
by three in order to get at the
value of the traffic over the three lines first mentioned.
The trade in that wheat, no matter how many times it
of that bushel of wheat
to the extraordinarily low ratio of operat¬
ing expenses to earnings—35 per cent—and remarked changes hands, no matter how many people are concerned
in imparting value to it, cannot exceed the sum the grain
that it was hardly likely that this could be main¬
will bring at the point where it is consumed.
Real estate
tained.
Now the ratio is 42:}, which is 74- per cent
transfers properly count for nothing in the internal trader
higher, but is still very low. A further rise the present
nor
does stock
count for anything. These
year would not be surprising.
The existing ratio is possi¬ transactions have speculation
to do with the disposition and holding
ble because of the high rates received by the com¬
last year
surplus capital by individuals. The vast extent of our
country is, of course, the real reason why our internal
exceeds so much our foreign trade.
AVe take a bale of
was as high as 3-99 cents on passengers per mile and 3-4 5
and
work it up into woven cloth. The
cents on freight per ton per mile.
Additional large reduc¬ Southern cotton
whole value of the cloth at its retail price has entered into
tions in rates are inevitable in the course of time.
The
the internal commerce.
Great Britain imports the raw
company's prosperity must be regarded as in great degree
dependent upon whether expenses can be reduced in a cor¬ cotton, the value of which, in that state, goes into her for¬
responding ratio to the contraction in rates; or, if not, eign trade, while the increment of value belongs to the
internal trade.
The effect is the same in either case.
If
whether the loss in earnings from'such contraction can be
overcome by an increase in business.
The answer to this the effort at secession had succeeded, and a Southern
republic had been established, the aggregate trade of the
query is the key to the immediate future of the property.
whole continent would probably have been less than it is.
But as every bale of cotton for New England would have
INTERNAL AND FOREIGN COMMERCE.
AVe are not sure whether Air. Nimmo is doing a useful figured in the imports of the Northern republic, and every
work or a harmful one in calling attention to the fact that case of piece goods crossing the Virginia line in those of
the internal trade of the country is enormously greater in the confederate states, the aggregate foreign trade of the
value and amount than its foreign commerce.
Of the fact continent would have exhibited a large increase.
AVe say then that so far as aggregates are concerned,
there can be no doubt, and speculations (where statistics
the only fact of importance is the total value of both
fail) as to the relative magnitude of the two are interest¬
ing. The importance of the comparison may, however, be foreign and internal commerce combined; and that the
relative magnitude of the two, being merely an accident,
very easily over-estimated, as we shall presently undertake
both passengers and-freight. There
falling off in them during the last year, but yet
pany on
has been a
the average
of
Old England and New
This topic has been a favorite one with Air. Nimmo for England, other things being equal, make the same profit
many years.
As long ago as 1877 he published a report out of a bale of cotton, bought at the same price, whereso¬
ever
it may have been grown.
The Southern farmer
on Internal Commerce, in which his figures and his deduc¬
makes
as much profit on his investment and labor in pro¬
tions from them were even more magnificent and startling
than are those in the report just issued.
At that time, ducing that bale, whether he sells it to Old England or to
The circumstance that in any particular
when the foreign trade was much less than its present vol¬ New England.
case the cotton
is grown, manufactured and consumed
ume, he set the value of domestic merchandise transported
annually by the railroads alone, at eighteen thousand mil¬ without crossing a boundary line between two countries, is
lions of dollars, and adding to this a rough estimate of the a fortunate accident; but it does not teach us that we should
value of goods sent by water and land conveyances other pay more attention to the internal than to the foreign
And we may remark, by the way, that the dis¬
than railroads, he expressed the opinion that the internal trade.
tinction between the two kinds of trade leads to a puzzling
commerce of the country was nearly twenty-five times as
great as the foreign commerce. He has now reduced his question. If the value of the internal trade is measured
estimate of the whole value of our domestic products—which by that of home products consumed, what becomes of the
is of course the maximum value of the internal trade—to exports?
A bushel of corn has been brought from Iowa
to
New
York.
It lias figured .up to that time in the
ten thousand millions, and finds this to be nearly seven
times the value of the average foreign trade of the country. internal trade, and has acquired all the value which it
This radical revision of estimates is in accordance with the would have if consumed in New York. Then it is exported.
opinion now generally accepted, which is nevertheless still Obviously, in getting at the combined value of the two
based largely upon guesswork, and which can be based on kinds of trade the value of that corn must not be counted
nothing else in the present state of our knowledge, it may twice. And the same remark holds true of every other
be correct approximately.
Independent calculations, article exported. In which category the value of exports
starting from different groups of ascertained facts, and is properly to be placed is a fruitful theme for discussion,
pursued by various methods, indicate that it is so. But but either decision of the question will lead to no useful,
after all it leads to nothing.
The tables of foreign trade practical result.
The possible harm which Air. Nimmo’s speculations may
are full of
hints to merchants.
Rightly taken, they may
easily lead to an expansion of that trade. But the most do is this: it may induce some people to attach too slight
to
show.
is of
no
consequence
whatever.
452
THE CHRONICLE.
importance to the foreign trade, because, as compared with
the internal trade, it is insignificant. Some one may ask how
been
greatly restricted, any further contraction seems
scarcely possible. The trade of the country may be
so
be
to
rvoL. XXXIX.
expected to continue its very dull aspect, though the appre¬
hension is great that as we advance towards the close of the
that the two classes of trade, so far as their effect upon
year the failures will be increasingly numerous and the pri¬
national growth and prosperity is concerned, are one.
In vate arrangements also very considerable. Few business men
this way: the foreign trade is desirable, not because it is can recollect such bad times.
Grocery produce, grain and
cotton
remain
dull
and
weak,
and
there are uncertainties as
foreign, but because it is trade. ¥e do not think the
The wool trade, however,
business of Arizona ought to be abandoned because it is regards the financial position.
presents
a tolerably good aspect, and there has been more
small in amount.
Nor would a merchant be a very wise
doing in coals; but this is owing to the approach of winter,
man who should console himself with
the argument em¬ and cannot be
regarded as a sign of general revival.
This year, owing to the demand for exportation, the reduc¬
ployed by Mr. Nimmo, which might be put into words like
these: “ Although in a position to do an extensive trade tion in the supply of gold held by the Bank of England
com¬
this view of the matter
can
be consistent with the assertion
throughout the State, I have been so busy in retailing
goods to the people of this village that I have not sought
market outside it.”
But it is
quite needless to enter into
any argument to prove, that valuable as internal commerce
may be, foreign commerce is valuable also.
The fact is
universally admitted. The theory that the satisfactory
proportions of our trade of the one class are a sufficient
reason
for not trying to increase the proportions of the
other, is not tenable. The fable of the fox and the grapes
is a very old one. But in that case, the fox only conceived
a
menced at
of
earlier date'than usual.
an
At the commencement
July it
was rather more than £21,000,000, but since
date there has been an almost uninterrupted dec’ine, the
return
giving
total of not
a
reduction of
a
rather
the movement did not
more
that
last
than £20,974,828, being
£4,000,000.
Last year
more
than
until the 26th of
September.
was £26,353,909, but on the
5th of December it had been reduced to £21,948,205, or to the
extent of £4,407,704.
On the 24th of September this year
the Bank's supply of gold was nearly £22,600,000, but it by no
means necessarily follows that because a sum of about four
millions was withdrawn last year between that date and
the idea that the fruit was sour when he had tried in vain December 5, there should be such an outflow this
year. Should
to reach it.
We must not be expected to adopt the view there be such a movement, we can only anticipate a dear
that a foreign trade is not worth having, simply to excuse money market, which would have very bad effects in several
our own
lack of
already been stated that the money market in the
early part of the week was watchful and uncertain. The
BATES OF EXCHANGE AT LONDON AND ON LONDON
Rate.
Amsterdam.
Short.
3 lnos.
122*8 @12*3*8
12-438 @ 12*478
25,43:k 3>25'4S34
Amsterdam.
Hamburg...
Berlin
Frankfort...
Vienna
Antwerp....
*2060
20 00
20*00
|20G0
12*12
Oct,
10 3 mos.
10 Short,
20*43
2043
20*43
12*10
25*43
Oct.
10
Oct.
•Oct.
Oct.
10
10
Paris
Checks 25*20 @25*25
Paris
3 mss. 25*40
@25*45
8t. Petersb'g
231 -»]6@ 24l1R
Oct.
Genoa
25*52*2 @25*57le
25*52 *2 @25*57 *e
Naples
Madrid
40*2® 40 Sr
Oct."
Cadiz
40 Ja @46 V
Lisbon
5 17bS 52
Alexandria..
Oct.*'
Oct.
Constant’ple
New York... 60 d’ys
Oc-t.
Is 7 VI.
Oct,
Bombay
Calcutta...
Is. 7 VI.
Oct.
still in
condition of
a
some
favorable one, and we
perplexity. It now remains
community to watch the effects of a three per cent
rate of discount, but it is equivalent to the quotations ruling
at the leading continental cities, and though it is alow one, it
a
should exercise
Short.
|Oct.
20*04
Rate.
10
@20*04
a20*04
'a>
Time.
Oct.
@ 20-61
extent, but the Bank statement is not
some
for the
EXCHANGE ON LONDON
Latest
Date.
advance which has been made lias settled matters to
are
AT LATEST DATES.
Time.
supply of gold
It has
fguglisTx IJeius
On-
commence
quarters.
enterprise.
EXCHANGE AT LONDON- Oct. 10.
On that date the
44
44
44
10 Checks
10 3
mos.
..
The
8 3 mos.
4
10
1<> Cables.
44
10
44
10
9 4 mos.
«
Interest allowed
Bank Bills.
Trade Bills.
I
Three
K
Six
Four
Three
j Four j
At 7 to 14
Stock
Banks. Call. Days.
Six
Months Months Months Months Months Months
24*b«
Sept. 5 2
47 09
“
90*8
Oct.
10*95
4* 84 V
Is. 7lo;{od.
Is. 7i532d.
3s. 87bi1.
5s. l*€)d.
12
2
1*63
m®
19.'
2
ih®
2.3
“
l
j 2
3j 2
ft 9
‘■ft®
2k@
-
-\m®
-
—
2
2
12
lft@2
W®2
1M@2
-
-
--\m®
As 32 ;214®
—
lOi 3
Disc't H'se
Joint
s
25*23
“
*
money.
for deposits by
*
I &
London'
“
mos.
the present prices for
are
Open market rates.
....
10 3
corrective influences.
some
following
—
3 @
-
i2J4(3
—1351®
—
1
@2J*|2*s@3
1
@2% 2k3&
2 & -2'4®2H 2k; 3 3
2—
- 3H® 4
2%® -;3'4®
@ -
-
12M’@
<g,2hi 2ki&3
1
1
js&a
-1
H
U
U
H
&
1
-1
-1
-1
-l
2
The
following return shows the present position of the
England, the Bank rate of discount, the price of
jOct.
9
consols, the average quotation for English wheat, the price of
J From our own correspondent.]
middling upland cotton, of No. 40 mule twist, fair 2d quality,
and the Clearing House return for the past week, compared
London, Saturday, Oct. 11, 1884.
Business during the early part of the week was more than with previous years:
1881.
1SS3.
1881.
1S82.
ever at a standstill,
£
£
&
£
owing to the uncertainty which has pre Circulation...
26,251.750 20,330,325 2G,951,525 20.905,835
vailed regarding the future course of the money market.
All Public deposits
4,131,993
5,712,953
4,696,171
4,597,705
discount business in the open market was made subject to any Other deposits
25,909,818 25,01.6,703 25,883,134 20.010,797
Governm't securities. 15,509,998
Hong Kong..
Shanghai....
Oct.
4%
Bank of
change which might be made by the directors of the Bank of
England in their published minimum, and consequently the
applications at tho bank have been large. On Wednesday, in
fact, they refused to take bills, and this accounts for the
increase in “other securities” being limited to £192,970 com¬
pared with last week.
On Thursday the directors of the Bank were not long in
announcing a change. Some were of opinion that the advance
would not exceed half per cent, but those who had given care¬
ful
consideration to the matter considered that
movement would be
so
small
a
ineffective, and the Bank authorities have
idea. Accordingly an advance to 3 per
cent was quickly adopted, and the movement has
given satis¬
faction. Two per cent was a very low rate, and could not be
maintained in the face of a continuous outflow of gold.
At
the same time 3 per cent is by no means a high rate, and
can
interfere with no interests, either commercial or financial, but
on the other hand should
promote confidence, as it puts our
money market more on a level with the Continent, and if it
does not attract gold to the market, should have some ten¬
dency to check its outflow.
So far as business is concerned, it has for so
long a time past
entertained the
Other securities
23,545,568
Res’ve of notes & coin 10,473,078
Coin - and bullion in
both departments.. 20,974,82S
Proport’n of
14.179,008
13,981,057
29.769.395
24,102,006
9,992 493
12,077,100
23,203,425 21,194,013
16,706,675
21.958,580
9,918,508
21,074,343
reserve
to liabilities
Bank rate
Consols
32*84
42*4
3 p. QJ
3 p. c.
5*4d.
5
VI.
9 Sad.
9 VI.
lu*4d.
101*8
Eng. wheat, av. price
lOlSie
32s. 44.
Mid. Upland cotton..
No. 40 mule twist
Clearing-House ret’n.
32
5 p. c.
32*2
5 p. c.
101
39s. 04.
6 VI.
40s. 2d.
987s
40s. 9d.
7»i0d.
10^d.
107,292,000 102,741,009 102,673,090 103,474,090
The Bank rate of discount and open market rates at the
chief Continental cities
have been
as
same
previous three weeks
follows:
October 9.
Rates
and for the
now
Octob(
r
2.
Si
ptember 25.
September IS.
of
Interest at
Bank
Open
Bank
Open
Bank
Open
Bank
Open
Rate.
Market
Rate,
Market
Rate.
Market
Rate.
Market
Paris
3
*K.
3
2k
3
2k
3
2
Berlin..
4
27,4
4
3k
3;k
3*4
4
334
3k
3k
2H
25*
4
Frankfort
Hamburg
3
—
Amsterdam
3
Brussels
s
Madrid
334
—
4
’
—
—
—
—
2k
2H
4k
3
2k
3
3
4k
254
4k
,5
3
S
3k
3k
3k
2k
2?*
5
—
—
3
5
5
Vienna
4
4
4
3%
4
SJi
4
354
St. Petersburg..
Copenhagen.
0
6
0
0
0
0
6
0
4
414
4
4k
4
4
Sk
3k
....<
k
.
CHRONICLE.
THE
October 25, 1884. |
In reference to the state of
the past week, Messrs.
the bullion market
during
flour
453
3,059 barrels and 325,859 sacks, against 4,072 barrels and
299,158 sacks in 1S83.
Pixley & Abell remark:
Gold.—The Bank of
England has sold .£237,000 bar gold for New
York, £55,000 sovereigns for Egypt, and £50,000 sovereigns for
Lisbon.
The Tamar brought £3,8bO from West Indies; Heveliu*
brought £3,300 from Buenos Ayres; Chimborazo brought £20,600
from Australia.
The Kaisar-i-IIind takes £35,600 bar gold to Bom¬
bay and £55,000 in sovereigns to Alexandria.
Silver—Has remained at the same quotation, 50%d. per oz. standard,
as given in our last; but to-day, owing to a falling off in the Indian
exchanges, and the small amount offering, the market is very quiet.
The Germanic brought from New York £44,000; the Kaiaar-i-Hind
has taken £45,000 to Bombay and £15,500 to Calcutta.
Mexican Dollars, owing to the paralysation of trade, on account of
the uncertain relations of the French and Chinese governments, have
given way, and are now quoted nominally 50% L per oz. There have
been no arrivals of consequence during the week
The Ganges takes
to-day £33,400 for Peuaug, £36,700 for Iloug Kong and
The
following shows the extent of the sales of home¬
and oats in the 187 principal mar¬
Wales together with the average
prices realized during the first five weeks of the season, com¬
pared with the corresponding period last year.
grown wheat, barley
kets of England and
SALES.
Wheat
qrs.
1834.
1883.
379,334
335,119
145,963
92,441
227,202
Barley
Oats
reported
as
follows:
9.
Oct.
s.
d.
77
Bar gold, flne....oz.
Bar gold, contain’*?
Oct.
2.
t.
d.
77
DH
Wheat
Price
Price of Gold.
Oct.
Oct.
9.
9
77 11
20 dwts. silver..oz.
77 10>£
.
•
•
•
B.Am.doubloons. oz.
Mexican dols...oz.
U. 8. gold coin...oz.
Chilian dols
5114
51H
54%
50%
oz.
oz.
increasing value of money is having, it is said, a decid¬
edly adverse effect upon the Government conversion scheme.
There has, throughout, been great opposition to it, and it is the
opinion of many that only a few millions will be converted.
Tenders for £5,500,000
per cent New South Wales Gov.
ernment Inscribed stock were opened at the Bank of England
on Tuesday.
Tenders at £93 12s. received 55 per cent, and
above that price in full.
Applications will be received by Messrs. Borthwick, Wark &
Co., on account of the Louisville & Nashville Railroad Com¬
pany, for an issue of $5,000,000 0 per cent 10-40 adjust¬
ment bonds (coupons payable May 1 and November 1), bearing
interest from November 1 next, and re-payable after forty
years, with the option for the company to redeem them after
the expiration of ten years at par.
Price of issue 08 per cent
at 4g. per dollar; and 50,000 shares of 100 dollars each or
$5,000,1)00 common capital stock; price of issue 27 per cent at
Is. per dollar.
The Board of Trade returns which have been published this
week do not exhibit any distinctive or encouraging features.
They are, in fact, very uninteresting, and show a slight
improvement, though only to the extent of a few thousand
the totals
are
:
Imports
Imports
Exports
Exports
The
in September
iu 9 months..
in September
in 9 months
following
£3,366,097
61,70i.570
20,505,945
176,969,097
£3,237,656
CG,328,139
20,495,49*
179,665,085
leading items :
£3,882,402
67,809,175
‘ 0,922.418
132,134,944
are some
of th6
IMPORTS.
September.
.
United States—
Atlantic ports
Pacific ports.
All quarters
Flour-
Nine months.
1883.
1884.
.
‘
1384.
650,395
718,956
23,310,622
20,060,921
1,336,780
1,193,054
32,394,642
29,798,649
cwt.1,613,730 2,573,082
cwt. 458,435
545,817
cwt.6,324,190 7,036,219
10.819,126
11,914,167
7,474,067
694.536
956.351
1,053,247
1,450,670
8,484,956
12,245,412
United States
All
*
1833.
Cotton—
From United States.cwt.
All quarters
cwt.
Wheat-
quarters
10,595,705
49,920,273
The movements in the
To and
GOLD
in 9
4,266,600
25,963,800
from all Countries.
To and
mos..
[
1884.
18S2.
1883.
j
£
£
£
!
1884.
6,093.123
080,480
344,742
9,088.906
977,273
10,445,-188 4,469,695
8,941,287
33,439
£
..."
|
270
4,982 5,064,588
38,425
1,~8U
46,305;
954,791
813,604
0,932,142
714,478
7,288,703
114,684
1.(513,082
324,425|
237,564
2,683,733) 1,922,179
842,092; 1.344,514
7,931,458
25,630
The
0,783,5811
48,630)
8,15'i
Iu September
In nine mouths
£527,011
4,635,737
The wheat trade has continued to rule
1883.
£709,200
4,589,149
1881.
£978,800
6,268,418
extremely quiet, and
little change either in English or foreign
produce. The imports have boen rather less extensive, but
the quantity of wheat and flour afloat is still liberal, viz.,
1,669,000 quarters. The stock of wheat in London is 536,762
quarters, against 886,484 quarters at this date last year, of
there has been very
351,474
342,855
3,367,372
1,292,903
1,499,493
1,634,216
1,674,062
1,389,710
3,239.267
1,182,971
53,192
244,979
76.701
115,137
September)
1832.
1881.
1,292,903
9,808,788
1,389,710
6,352,247
1,182,971
5,479,260
4,840,850
3,982,600
3,420,750
14,921,912
13,S31,001
15,181,098
10,975,968
wheat for season.qrs.
33s. 6d.
Visiblo supply of wheat
in the U. S
bush.24,200.000
Afloat to LT. K
qrs. 1,665,000
41s. 3d.
43s. lid.
51s. 3d.
23.500.000
13,287,951
2,153,000
19,611,311
1883.
1884.
7,697,248
Imports of wheat, cwt. 7,814,962
Imports of flour
1,627,690
Sales of home-grown
produce
Total
Av’ge price of English
1,86 ’>,000
2,088,000
English Market Reports—Per Cable.
The daily closing quotations for securities, &c., at
and for breadstuffs and provisions at Liverpool, are
by cable
as
London,
reported
follows for the week ending Oct. 24:
1
Sat.
London.
d.
Consols for money
Consols for account
Fr’oh rentes (in Paris)
U. 8. 4%s of 1891
U. 8. 4s of 1907
fr
50lli6
10C)i 3lfc
lOOEqalOl
8.
Jorn, mix., new..
“
Pork, West. mess.. # bbl
Beef, pr. mess, new,<£ te
Lard, prime West. $ cwt
Cheese. Am. choice
5058
78-15
115%
1233q
Sat.
“
50%
100l3lfl|10078
78-15
Liverpool.
“
“
Tuet.
101
1151*2
123r)g
45%
Canadian Pacific
79£»
Chio. Mil. &St. Paul....
Erie, common stock.... 13%
125
Illinois Central
53*2
Pennsylvania
Philadelphia & Reading 11*2
93%
Now York Central
State).100 lb.
“
“
Mon.
10
6
9
6
7
6
5
5
65
48
78
38
58
d.
9
4478
765s
13%
122
78-10
115%
123%
4538
76 34
13%
122 bi
52*2
53
lib*
90 q
115a
90 78
Mon.
Tues.
8.
10
6
6
7
9
8
6
7
7
2
6
8
0*2 5
5
4
65
0
17
0
78
0
38
3
58
0
d.
9
9
7
8
7
2
8
0b?
lb?
0
0
O
0
0
8.
10
6
6
9
6
7
7
d.
9
9
7
8
7
4
O
0
Obi
5
5
O
O
O
0
O
65
47
78
38
58
Wed.
Fri.
Thar 8.
50%
50Ui6 5058
10034
10078
1007s
10078
101
100%
78*27% 78-20
115 78
115 ■ y
124
123 7«
45%
4578
75 7h
77%
135s
137h
120%
122%
53
52bj
12
11%
91*%
89%
Wed.
8.
10
6
6
9
6
7
6
5
5
65
78
38
53
d.
9
9
7
8
7
1
7
116%
124%
46%
77%
14%
122%
53%
11 '8
90%
Fri.
Thurs.
s.
10
6
6
9
6
7
6
0% 5
5
4
65
0
O
3
0
78-40
d.
9
8
7
8
7
l
7
8.
10
6
6
9
6
7
6
0b2
3
0
78
33
O
6
|58
O
d.
9
8
7
8
7
1
7
....
0
65
47
78
38
59
2%
O
O
O
G
O
(Commercial and iUtsccUaueows items
National Banks.—The
been organized:
following national banks have
3,256—The First National Bank oE M( nominee, Mich. Capital,
S. M. Stephenson, President; G. A. Blcseli, Cartier.
3 257—The Windsor National Bank, Windsor, Vt.
Capital,
Uimm
iTurinw
President: J. S. Walker. Jr..
Cashier.
lately
$30,000.
$60,000.
Week.—The imports of last
the preceding week, show
and general inercliandise.
The total imports were $8,007,013, against $0,325,045 the pre¬
ceding week and $8,233,312 two weeks previous. The exports
for 'the week ended Oct. 21 amounted to $0,403,332, against
$5,051,958 last week and $7,110,550 two weeks previous. The
following are the imports at New York for the week ending
(for dry goods) Oct. 16, and for the week ending (for general
merchandise) Oct. 17; also totals since the beginning of the
Imports and Exports for the
exports of silver to British India were:
1882.
1,136,377
63,659
844,824
672,176
1,575.536
1,264,325
115,593
6,352,247
9,808,78S
:
“
1
1881.
1882.
1883.
7.697,248
Supplies available for consumption (exclusive of
in five weeks
Corn, mix., old...
57,099,200
4,375,300
23,941,160
£
780,057
0,740,082
778,102
6,834,124
1881.
3,420,750
2,409,748
1,627,690
oorn
44.175,900
SILVER.
imports in ■'Opt..
Imports in 9 mos..
Exports iu Sept...
Exports m 9 mos..
Peas
Beaus
Indian
Flour
“
1880.
170
Oats
Winter, West., n
Cal., No. 1
CaL, No. 2
V
584,718
1882.
3,982,600
2,246,802
Barley
Wheat, No. 1, wh.
Spring, No. 2, n.
Winter, South, n
from United States.
58,809
1883.
7.814,962
cwt.
Wheat
Flonr (ex.
'1882.
870.711
94K.211
12,507,«tW .0,408.400
7
9
22
IMPORTS.
7,691,228
11,361,374
precious metals have been as follows:
•
Or eat Britain’s
in Mint...
ia 9 mos.
In sept...
Imports
Imports
Exports
Exports
49.204,100
58,814,300
3.821,000
5,710,000
402,300
2,628,360
4
5
d.
3
8.
4,840,950
1984.
37,699,147
EXPORTS TO UNITED STATES.
Cotton piece goods..yds.3,123,100
Linen piece goods...yds.6,032,900
Woolen fabrics
yds. 389,200
Worsted fabrics
yds.2,997,400
51
34
following return shows the extent of the imports of
produce into the United Kingdom during the first five
weeks of the season, the average prices realized, and other
items, compared with last season:
Silver, per oz
1884.
1833.
1832.
1881.
d.
43 11
35 7
21 11
s.
cereal
The
The following
1882.
The
54%
Ger.gold coin...oz.
pounds.
5,479,260
cwt.
Wheat
ing 5 grs. gold..oz.
Cake silver
.
.
2
5
1884.
Bar silver,contain¬
Span, doubloons.oz.
41
33
20
d.
3
Converting quarters of wheat into cwts., the totals for the
estimated as follows:
50%
50 yi
Bar silver.fine..oz.
18,220
whole kingdom are
d.
d.
s.
6
32
19
Oats
2.
(1.
33
perqr.
Barley
of Silver.
32,352
17,140
1883.
1834.
8.
The quotations for bullion are
1881.
197,351
AVERAGE TRICES.
£250 for
Shanghai,
1882.
229,765
70,145
week, compared with those of
an increase
in both dry goods
first week in January:
THE CHRONICLE
454
FOREIGN IMPORTS AT NEW
Dry goods
GenTiner’dise..
Total
Since Jan. 1.
Dry goods
GenTmer’dise..
Pittsburg & Western—Pittsburg Cleveland & Toledo.—
Pittsburg, Oct. 20, the stockholders of the Pittsburg &
Western Railroad held a meeting, and about two-thirds of the
YORK.
At
1884.
1883.
1881.
1882.
$2,299,23 4
7,915,318
$2,222,620
7,966,147
$1,*32,347
8,049.925
$2,010,104
5,996,909
$10,214,552
$10,188,767
59,882,572
$8,007,013
$94,472,875 $112,351,141 $103,595,86*
263,267.696 297,733,941 268,347,706
$98,121,007
250,827,382
For Week.
Total 42 weeks. $357,740,571 $410,085,085
stock was represented, or 99,000 shares out of a total of 130,000.
The only business transacted was the ratification of the lease
of the Pittsburg Cleveland & Toledo by the Pittsburg & West¬
ern for ninety-nine years.
Rochester & Pittsburg.—The Bondholders’Committee has
a circular, under date of October 15. addressed to the
stockholders of the Rochester & Pittsburg Railroad Company.
The circular refers to the issue of the second mortgage, of
which only $1,132,500 were taken, and then continues: “It is
believed that if, under such foreclosure proceedings, are-organ¬
ization can be effected within a reasonable time, the second
issued
$371,943,574 $348.94*,389
In our report of the drygoods trade will be found the im¬
ports of dry goods for one week later.
The following is a statement of the exports (exclusive of
specie) from the port of New York to foreign ports for the
week ending Oct. 21, 1884, and from January 1 to date:
EXPORTS FROM NEW YORK FOR THE
For the week...
Prev. reported..
$8,086,939
$6,590,674
304,981,068
268,261,330
will take for their bonds the 75 per cent
they gave for them, and the float¬
ing debt creditors will take their money with like interest, and
mortgage bondholders
and accrued interest which
WEEK.
the bonds which they hold as collateral.
following is substantially the plan of re-organization in
contemplation of the bondholders:
“1. The new company to be called the ‘Buffalo Rochester &
Pittsburg Railroad Company.’
“2. Sub ject to existing liens which are prior to the present
second mortgage bonds, the capital stock to be $15,000,000, of
which $5,000,000 is to be preferred and $10,000,000 to be com¬
mon stock.
The preferred stock to be entitled to a dividend
of G per cent in any one year, but non-cumulative, before any
dividend shall be made in that year on the common stock, any
further dividend in that year to be on the common stock to an
amount not exceeding 0 per cent,’thereafter dividends for that
year to be alike.
“Of the common stock, $5,000,000 to be distributed pro rata
among the holders of the stock of the present company without
payment.
“The terms of subscription to be the payment of $G0 for
every two shares of said stock, one of which two shares shall
be preferred and one common, payments to be made 10 per
cent down and the balance as called for.
“A provision to be inserted in the certificate of organization
of the new company that no mortgage to secure an issue of
bonds or similar securities shall be executed by said new com¬
not meantime sacrifice
1884.
1883.
1882.
1881.
The
$6,403,332
$7,101,311
281,911.691
253.540,294
Total 42 weeks. $311,571,742 $276,348,269 $289,012,992 $259,943/26
The following table shows the exports and imports of specie
at the port of New York for the week ending Oct. 18, and
since January 1, 1884, and for the corresponding periods in
1883 and 1882:
EXPORTS AND IMPORTS OF SPECIE AT NEW YORK.
Imports.
Exports.
Gold.
Great Britain
France
9
Germany
West Indies
Mexico
South America
All other countries...
Since Jan. 1
Week.
Since Jan. 1.
Week.
$2G,474,870 U, 140,913
4,352,824
145,992
1,658,320
239,418
3,888,014
$4,556,730
7.800
900
774,554
11,661
10,050
270,506
780
2,412,599
2.215,746
3,929,787
'
28,886
766,042
$780 $37,923,024 $1,538,889 $15,423,303
Total 1884
Total 1883
Total 1882
Silver.
Great Britain
France
412 043
21 *,62»
8.911.856
20,060
33,823,224
129,110
1, si 1,182
$161,800
$9,819,972
25,000
799,156
166,0 4 5
883
56,6 41
203,817
03,269
Germany
West Indies
;
Mexico
South America
All other countries...
4.396
$
-
pany unless authorized by the concurrent vote of two-thirds
of the preferred stock holders and of a majority of the common
stock holders.
“The money raised in tins manner will pay the second mort¬
$2,285
843
46 590
33,544
872.681
14,166
24,916
1,829,482
gage bonds and the floating
and leave the new company
ties of its business.
242.-958
39,745
83,992
Total 1884
Total 1883
Total 1882
$3,033,55 t
4,719,211
2, i 20,695
$72,626
$192,079 $11,197,592
5.2.919
12,458.019
139,163
*9,577,879
27 0,689
13,573
“Despite the present unfortunate financial condition of your
for the week in 1884, .11,538,889 were
$72,62G American silver coin. Of the
exports during the same time, $780 were American gold
coin and $883 American silver coin.
organization be effected.”
U. S. Sub-Treasury.—The following table shows the receipts
and payments at the Sub-Treasury in this city, as well as the
balances in the same, for each day of the past week :
Oct. 13.
“
20.
<<
O
“
22
|
23!
$
756.226 96
1,672,671
2,216,532
1,029,1*4
1,342, Go
1.2<.*2,597
07
' 8
74
51
27
Coin.
$
•$
939,1 13 24 130,409,075 3*
l,'*3o.Ol3 26 129,892,442 91
1.6*9,375 07 130,283,2-5 J 8
2,620.82 1 63 123,917.556 6 4
1,263,931 61 123,963,819 05
899,927 44 129,346,431 63
23, the
Tennessee Railroad Suits.—At Washington, Oct.
Currency.
$
9.810,018
10,1*'9,308
4 0,"05.623
10.080,012
* * *
Tennessee bond cases, which comprise sixteen suits against
railroad corporations, were called for argument in the United
Stabs Supreme Court.
There was an extraordinary array of
counsel present. The bonds are part of those issued by the
State of Tennessee in aid of the railroads.
The bondholders
ask that they be declared a lien on the roads, claiming that
Balances.
Payments.
Receipts.
debt on the terms above stated,
with funds ample for the necessi¬
company, there is no reason to lose confidence in the future
value of your property. The coal business is in as bad or worse
condition than it has ever been, nevertheless the net earnings
of your road are sufficient to meet all the fixed charges for
which the new company will be liable should the proposed re¬
Of the above imports
American gold coin and
Date.
[Voi. XXXIX.
they were issued for the benefit of the roads. The railroad
companies claim that the lien was for the benefit of the State,
and the bonds were a direct obligation of the State only.
06
34
963
—Banks, bankers and railroad companies and others, desir¬
ing corre-pondents in this city, are invited to notice the
card of Messrs. II. B. Hollins A Co., in to-day’s Chronicle.
Total...
8,219.873 53
9.243,185 25
Tliis firm is well and favorably known in the Street as mem¬
Louisville New Orleans & Texas.—This road extends bers of the New York Stock Exchange and dealers in firstfrom Memphis, Term., to New Orleans, La., 455 milts, and class investment securities, while paying particular attention
forms the connecting link in what is known as the Huntington to the purchase and sale of all classes of s^cks
and bonds for
system, extending across the continent. A map of the Louis¬ cash or on magin.
“
“
24.
10,112,179 12
10,032,218 32
.
....
ville New Orleans & Texas Road will be found in the Investors’
The present company was organized
'Supplement of this date.
—Messrs. Drexel, Morgan & C \ announce the closing of the
subscriptions
for the New' York Central & Hudson River
Sept. 5,1884: the road was opened for through business Oct. 13. Railroad debenture
5s. The whole loan has been allotted, the
The income bonds are a first mortgage on 750,000 acres of land
subscriptions
having
exceeded the amount offered.
in the Yazoo Delta.
The company hold a controlling interest
in the Miss. & Tenn. RR.
It iv expected that the railroad facil¬
—The Ontario Silver Mining Company of Utah announces
ities offered by this road will open up and rapidly develop the its “centennial” dividend, payable at the company's office, San
Yazoo Valley.
The directors are as follows: R. T. Wilson, Francisco, or at the transfer agency of Messrs. Lounsbery &
Wm. M. Johnson, Win. Mahl, Isaac E. Gates, E. H. Pardee, Co., 15 Broad Street, New York.
New York; A. C. Hutchinson, J. G. Schriever, J. A. Grant,
Auction Sales.—The following, seldom or never sold at the
New Orleans; J. M. Edwards, Memphis.
Officers: R. T. Wil¬ Stock Exchange, were sold
at auction this week by Messrs.
son, President; J. M. Edwards, Vice-President and General
Adrian II. Muller & Son:
Manager; C. II. Bosher, Secretary; F. II. Davis, Treasurer.
lion its.
$/tares.
—This company has leased the old Clinton & Port Hudson
143 Now York Kerry Co
$10,000 R’klyn City (P. Pk)
233
road for five years, with the privilege of buying it at the expi¬
1 2 Now York Gaslight Co...170to
7s.coup.,due 1915.1407,* & int.
ration of that time.
The Clinton road extends from Port
Hudson, La., on the Mississippi, northeast to Clinton, 21J.(
miles.
N. Y.
Ontario
&
Western.—This
10 United States Trust Co..475*0
15
auk of Manhattan Co 140hi
40 Atner. Exeh. Nat. Bank..121
10 Fulton Nat. Bank, N. Y..U5
5 Bank of N. America
.100
2 Bank of State of N. Y
109
has issued
$4,000,000 of thirty-year G per cent bonds. The mortgage l\as
been, authorized by a large majority of the stockholders. Two
million dollars of the bonds
are set
company
aside for retirement of the
preferred stock, which, under the charter of the company,
elects eight out of thirteen directors. The proceeds of the
other $2,000,000 of bonds are to be used by the company for
payment of its floating debt and for other purposes.
2
|
1
Long is’nnd His. Co
104
40 Night Watch Sd. Mine.lot, $17
25 Bank of America
1 2
16 Shoe & Leather Bk, N.YM30 i8
3 United States Trust Co ..47034
*8
100 B. II. & Eric RR. Co
Bon t Is.
$1,000 Ciu. Rich. & Chip. RR.
Co. 1st 7s, due 1805.... 105
$L0,00o Bro.-khn City VN. Y.
Bridge) 7s.
reg.,
due
1910'....,
$12,00" Flushing, L.
Water, due 1903
.
3 -i l & int.
L. 7s,
125 & int.
$1,400 N. Y. City 5s consol,
imr.. due 1926. redeem¬
able afre* 1*306
111 A; int.
$1,000 N. Y City 7s, Soldiers’
B’ntv
Fd, due 1991, 119 & int.
$1,000 ( hie. Uunv. & Vine.
Coov
fur
$25
$2,00‘ B’ltlyn Flat. & Coney
Island RR.
due 1898
Co.
1st 7s,
90*4
October 25,
The following
V
i
B> K N
2
O S
dividends have recently been
Bcst'-n & Provide.u-e
Manchester & Lawrence
1
Oregon Ii’wnv & Nav. (quar.)
i
Banks.
National City
Pacific (quar.)
Union Nar on:.l
Miscellaneous.
Pu'ilman’s Palace Car 1 0. (quar.).
SEW
announced :
40.
The following were the rates of domestic exchange
York at the under-mentioned cities to-day: Savannah,
Books Closed.
|
(Days inclusive.)
Payable.
5
INov.
Nov.
1 Oct.
1
1%
jNov.
]
Oct.
19 to
OO
to
Nov.
j
j
5
2%
0
1 Nov.
•Nov.
Nov.
Nov.
1 Oct.
1 Oct.
1 Oor.
15 Nov.
2
The Money Market and Financial
ment over the coming elections is so
25 to Oct. 31
O*)
to Oct. 31
23
to
Oct.
0
to
Nov. 16
Situation.—The excite¬
great as
to put a tempo¬
rary check on business.
So far as the railroads are
concerned there has not been a
time for years when the trunk line situation was so mixed as
at present, and at the same time so intensely interesting in its
possibility of future developments. The collapse in prices and
-deficit in earnings has unsettled a number of the great corpo¬
rations, and the future control of at least five of these remains
in uncertainty, viz.: West Shore, Erie, Jersey Central, Read¬
ing and Wabash. To this list, if rumor is correct, may also
be added Lake Shore, though as to that we have nothing but
the Street rumor.
,
In fact, rumors have been active, and it is worth noticing
that at different times this week they have credited Jay Gould
and his associates with a purpose of getting control of West
Shore, Lake Shore and Oregon Navigation, which, with the con¬
trol of Wabash and Union Pacific, would give them a con¬
tinuous line from ocean to ocean. These rumors may be illfounded or greatly exaggerated, but where there is so much
smoke there may certainly be a little fire.
These repoits as
they have come out were substantially as quoted below, and
may
be taken for whatever they are
worth:
tape said: “We are informed that steps have been taken
which are likely to result in a dose and permanent working arrange¬
ment between the West Shore and Wabash roads.
We hear that the
1. Tlie news
large buyers-of Lake Shore the past (50 days, instead of being Vander¬
bilt peope. have been parties into-ested in this matter.
It is rumored
that an attempt is to be mad'* to get control of Lake Shore for a connec¬
tion between West
Shore
Wabash.”
Thursday the Dow & Jones News-Letter said :
state upon good authority that responsible parlies [Gould.
Field and o:her.-] have tendered to President Stewart, of the United
States Trust Company, a nroposition for 1 he lease or running of the West
On
2. “We can
file basis of the i»*aso
Shore road,
would make West Shore nonds worth
something more than tln> present
connection with Wot Shore and the
New
buying
]4 discount, selling
discount @ par; Charleston, buying
16@1'4 discount, selling par (u) f g premium; Boston 5@15
premium; New Orleans, commercial, 5(1(3)75 discount; bank
100
premium ; St. Louis, 75 premium ; Chicago, 25 premium.
posted rates of leading bankers are as follows :
The
31
1S84-5 F. M.
YORK. FRIDAY, OCT.
on
3
—
1
5
!
sterling, 4 8014@4 801.<; demand, 4 83*4@
4 83}|. Cables, 4 84. Commercial bills were
4 78}<?@4 79.
Continental bills were: Francs, 5 24?8 and 5 Sib*(3)5 2178 ;
reichmarks, 94:*g and 94qj@95; guilders, 39J8@39;\£,and 39/g(a)
Bankers’ 60 days
.
When
Per
Gent.
Name of Company.
follows, viz:
To-day the rates on actual business were as
3£hc Hankers' (iazette.
i<
455
THE CHRONICLE.
1884.]
price.’ Important developments in
railroad war are expected within
forty-eight hours.”
Sixty Cays Demand.
October 24.
78%
4
5 20^8
5 23*6
40%
95%
40
9458
Coins.- -The following are quotations
coins
4 84
4 *1
4 79q
Prime bankers’ sterling bills on London
Prime commercial
Documentary commercial
Paris (francs)
Amsterdam (guilders)
Frankfort or Bremen (reichmarks)
in gold for various
:
$4 83
3 86
Sovereigns
Napoleons
X X Reichmarka. 4
X Guilders
3
S >an’li Doubloons. 15
M *.x. Doubloons.. 15
F Tie silver bars
1
Fine gold bars
D nies<fe % dimes. —
..
74
96
55
55
®
4 78
@400
@15 65
@15 65
09%3 1 10*2
par ft *4 preui
99% @ par
Silver 14s and **s.
Five franca
Mexican dollara..
Do uncoinmerc’l.
Peruvian aoles....
English silver
—
87 @
fi5%@
79 %@
—
—
—
4 78
....
U. 8.trade dollara
U. 9. silverdollars
—
—
—
94%
87%
86%
@ 4 84
— 87%
86%3
99% ft
—
par.
—
par.
government
small scale, but prices have been
slight advance for the 4s and 4}<>s as com¬
011 a
strong and show a
99 %@
92%®
—
Bonds.—The transactions in
United States
bonds have been
@$4 87
@ 3 90
very
pared with quotations ruling last Friday.
The closing prices at the N. Y. Board have been as follows:
Interest
Periods.
4*28,1891
reg.
..
Oct.
18.
Oct.
20.
*
reg, j.
..
..reg ;J.
reg, J.
.
This is the price
Oct.
22
*112 3# 0 1238 '11°% 112%
112% *112% '11230 112*2
*119% *11 9% 120% 02 %
*
12030
01978 O l‘J70 120
*
*100
*100
100
*125
*125
*125
*125
*126
*126
0 26
*126
*128
*127
*127
& j. *127
*129
*128
*128
& J. *128
*131
*130
*130
& J. 10 30
Q.-Mar.
ooup Q.-Mar.
4*98,1891
..reg Q.-Jan.
4s, 1907
coup Q.-Jan.
48,1007
3s, option U. 8.. ..reg, Q.-Feb.
Oa.eur'ey, ’95.. ..reg !.j. & j.
6^, cur’cy, ’96.. ..reg, 'j. & j.
6s,our'ey, ’97..
6i,cur’cy, ’98..
63,onr*cy. ’99..
Oct.
21.
......
Oct.
23.
Oct.
24.
*112** *112%
*1121* *112%
12050 0 20%
120% 120%
*100%
*125
*126
*129
*131
*132
*125
*126
*130
*132
*133
bid at the morning board; no sale was made.
State and Railroad Bonds.—In State bonds
sales including only $ 10,000 Virginia
done, the
6; 819,000 Tennessee
little has been
6s deferred at
compromise bonds at 43-45 and §12,000
do. 6s old at 4012-39.
The market for railroad bonds has
ally weaker for the more
been variable, but gener¬
speculative classes, in sympathy with
AVest Shore 5s have shown considerable activity at
times, and Northern Pacific and Denver & Rio Grande lsts
were conspicuous for weakness, the latter on a rumor that the
company had decided to pass the interest due 011 Nov. 1.
although such default would seem to be entirely inexcusable.
stocks.
report said as to the Oregon R. & Nav. Co. :
inquired at Mr. Gould’s oflice if 1 here is any truth in the
report that Union i aeitie has second control of Oregon Navigation, and
In Philadelphia the following sales at auction of Reading
were told that people identified with Union Paeilie have for some time
had large interests iii Oregon Navigation, and that a little efl'ort on
securities held as collateral were made: §50,000 incomes at
their part would give them control of the property. * * * The facts
35, §10,000 1st 5s at 38 and §60,000 2d 5s at 20. These prices
It lias proposed to give notes with
are these : O. T. lias a loan due.
were much below recent sales at the Board, and the effect of
Oregon Navigation and Northern Paeilie preferred and common stocks
its collateral.
'J lie matter has been under oensidei ation, but has not them was depressing.
Erie 2ds close at 54, against 53 last
been concluded.”
Friday; West Shore 5s at 42/g, against 41 ;8 ; Northern Pacific
Rates for call loans during the week on stock and bond col¬
lsts at 102, against 103; Denver & Rio Grande lsts at 75,
aterals have ranged at 1 to 6 per cent and to-day at 1(d) 2 per against 85 ; East Tennessee incomes at 13, against 13J-8; Metro¬
Prime commercial paper is quoted at 5(ft)0 per cent.
cent.
politan Elevated lsts at 107, against 106.
The Baiik of England weekly statement on Thursday showed
Railroad and Miscellaneous Stocks.—The
depression
a loss in specie of £924,000, and the percentage of reserve to
which set in last week lias made further and important prog¬
liabilities was 36 1-16, against 35'4 last week ; the discount
ress during the week under review.
The transactions have
rate remains at 3 per cent. The Bank of France gained 3,550,been larger than for some time past and at times considerable
000 francs in gold and 2,650,000 francs in silver.
excitement has been manifested.
The Vanderbilt stocks have
The New York Clearing-House banks, in their statement of led the decline and the rest of the list generally responded.
Oct. 18, showed a decrease in surplus reserve of §447,550 Occasional slight re-actions have occurr d, but the general
the total surplus being §31,665,750, against §32,113,300 the
course has been downward and the result shows materially
lower prices than those ruling a week ago.
previous week.
The following table shows the changes from the previous
The inlluences which have contributed to this renewed de¬
week and a comparison with the two preceding years in the
pression are various, but it is probably due largely to specula¬
averages of the New York Clearing House banks.
tive manipulation by bears, and they have been aided by certain
statements of Mr. Vanderbilt’s, which have been construed to
1882.
1883.
1881,
Differ' aces fr'm
mean, whether correctly or not, that he is a hear on the situa¬
oat. 2i.
Previous Wecl:.
Oct. 20.
j Oct. 18.
It is also asserted that he and his following have sold
tion.
Loans and dis. $291.70 M0' Inc .$ 1,065,400 $ 127,718,500 $31 0,298,200
largely
their holdings of stocks in the different Vanderbilt
53.715.10 )
53.544,100
557,400
77,9-1 1 sot- Dec.
The
same
3. “We have
.
Specie
Circulation
..
deposits..
Legal tenders.
Net
1 32 000
12.76 l.SoO 'Dec.
314,901.0* < me.
33,016 2 ( Inc.
833.0 10
318,100
Inc.
15,2 6,6 »
312,790,900
24,637,900
$78,199,22*
78,182,000
Legal reserve
Reserve held.
$78,725.2”>0
110,391.000 Dec.
$208,250
Surplus
$31,665,750 Dee.
f417,550 Def.
239,300
$1 ",225
18,703. It/"
285,096.200
20.347,700
$71,274,050
74,002,300
$2,788,750
roads.
The affairs of the trunk lines are in a much involved con¬
dition. West Shore has set the example of reducing rates t<> a
minimum, and these cuts have been
extent by other lines. This has been
in the situation, causing mistrust
necessarily met to a great
the most important factor
and a gloomy outlook for
profits.
Jersey Central was exceptionally strong at times, and to-day
Exchange.—Sterling exchange has been very dull, due in
part to the continued strength in the London money market exceptionally weak, and all this is attributed to a possible
and also to the increasing supply of commercial hills.
On effort to secure control by the Baltimore & Ohio, the Pennsyl¬
Tuesday, and again to day, the posted rates for bankers’ sterl¬ vania Railroad, or the Philadelphia & Reading, in case the
ing were reduced
each, being quoted now at 4 81 and latter is obliged to give up its lease by inability to pay the
4 84, arid this had the effect of temporarily stimulating the
large rental.
demand.
There have been moderate importations of gold, and
To-day the market was variable, prices for most stocks hold¬
if present tendencies do not materially change, further ship¬ ing their own in the morning and being very dull and barely
ment of gold from the other side are looked for.
steady in the afternoon.
THE CHRONICLE.
456
Canada Southern
Cedar Falls & Minnesota
Central of New Jersey..
Central Pacific
Monday,
Tuesday,
Oct. IS.
Oet. 21).
Oct. 21.
43 V
46*8
29*4
60
42
42 0
68
39 V
f»> *8
Chesapeake A Ohio
Do
Do
Saturday,
Chicago A. Alton
Chicago Burlington A Quincy.
Chicago Milwaukee A St. Paul
Do
pref.
Chicago A Northwestern
Do
pref.
Chicago Rock Island & Pacific
Chicago St. Louis A Pittsburg.
Do
pref.
Chicago St. Paul Minn. A Out..
Do
pref.
Cleveland Col. Ciun. A Ind
112 *4
29
8731
89*8
120
37*4
0*4
10 V
*6V
"10*0
0:,i
978
4:
7*4
0*4
V
64
72*8
*4414
6034
60 ’4
42*4
40*8
68*8
68
69
OO!
*5 o
*10
118
V!
118*4
76*8 71*4;
76 0|
,
110*8 H0*8 H0*8 HI V]
*16
18
28
28
85 V 86
*33
35
139
139
102
106
1033,
38
9
934
65
169
lu2
106*4
9 >8
9 >4
4'
4
*0O
7
64
*3u
434
‘GV
65
*25 '
*118 V 119
8g
82
14 0 *160 14 V
*11 V 120
16
GOV 08
07‘4
*01
04
04
20 '4
20*4 20*4
il’UO1
*14
12 V
04 V
*02
20 V
■a
*27*4
80 V
65
17
28 O
89 “
65
1 06 38 1 06*4
9O
40
*938
4V
65
40
‘e
119
17
434
0*4
o
15
12 V
08 V
04
14*8
12
05 *8
*02
20 *8
20*8
74 V
28 V
'
12
27
10 V
92 >h
*0
j
'..j
76
75
50
I
14 V
*llO
05 *4
*01
20
74
'a!
4
a
2,750
1,010
500
220
5a O
11
10 V
910
nrJ
I
94
V
5V
80
65
Do
pref
Northern Pacific
Do
pref
Ohio Central
Ohio A Mississippi
'
!
•01
20
M L
10*8
96 ’i
17 V
95
I
89 h
87
*13 V
*1 L
05
15
12 V
07 V
231,535
‘20 1
20*4
6,450
74 V
76*4
MOV
25 V
10 *4
92 V
92-V
95 V
13
V;
93 V
11 V
25 V
10 *4
94
*03 4
34
*3t”
80 V
*5
*9
V
*9
*33
85 V
36
86 V
5*i!
*5 V
5*4
88 *81
16,010
38,150
*208
j
39
*33V
86 V
*5 *4
38
88 V
5*4
400
191,613
510
16 >4
178 V178 V
11
11
87 V
13 V
13 V
20
20
i
10
i
JO
ISO
180
I
I
12*4
20
10 V
T
rW
To*!
”T’i
6V
lo V
*86** * 86 V
15
13 V
16,930 !
10*4
10*4
10v
10v
850 I
76
60
180
M 1
V
V
“
500 I
100
10 V
'
’
'
i”V
1
‘5
J1 V
12 V
Oregon A Trans-Continental...
21V
Philadelphia A Reading
Pittsburg Ft. Wayne A Chic...
*16
4
14
Richmond A W’t P’t Terminal
Rochester A Pittsburg.
Rome Watertown A Ogdensb..
St. Louis Alton A Terre Ilaute
....
IV
«17_
16V 17
Peoria Decatur A Evansville..
12
14
22 V
' 18*'
42 V
IV
18
18
18
17 V
Ts“
•11V
1V
15 V
43V
2
17
41V
42V
15 *4
16 V
*12 Jo
13 V
23 " 23 V
128
128 V
16
4
4
18
12 V
*17 V
42 V
2
2
16
15 V
” 1*8 V
2,607
12*4
2 V1
10 V
7 3,761
2,090
6,805
16
4V
12 V
Tiv-TTv 'liv “1Tv *12V*12V
1;;
13
13
23
24
127 V 127 V
*16.
4
17
4
21V
"
V
14
13
23
‘12*4
21V
*16
*
3 *4
*14
T
17
'***
6,525
12*4
12*4!
1.000
22 V
22*4
7,100
128 V 128 V
13
22
2*4
2*4
J 96
100
*32
16
3V
To”
“206
3*i
1,465
22
42 V
86
650
18
-
*75
20
*40
St. Louis A San Francisco
pref.
1st pref.
•••86
20
42 V
89
20
38 V
*80
79 V
10 v
54 V
4*8
10*4
76 V
*10 v
56
*52
20
38 V
20 V
39
*84
*20 V
*40 V
22 V
‘8L
88
*20
*39
86
78V
10V
54
5V
77 V
10V
52 V
*4 V
*10 V
78
77
10V
10V
54 V
55
*5&V
50 V
20 V
40
90
22V
41
86
*20
*40
86
700
260
St Paul A D11 Intti
St. Paul Minneap.
Texas A Pacific
Union Pacific
79V
A Manitoba
10
51V
4V
10*4
Wabash St louis A Pacific....
Dc
pref.
MISCEL.Ii.4 NF.O IS.
*53V
American Tel. A Cable Co
*
Colorado Coal A I ron
Delaware A Hudson Canal....
10
50
*4 *4
78
10V
52 V
5 *4
*8
83
83 V
77*4
10V
51*4
5V
*10*4
56 V
6
82*4
10
83 V
55
*1
*8
84
68
62 V
52
*5
*10 V
55
*1V
*8 V
84
83*4
81
16 V
16 V
*8
85
9V
112
112V
51V
53 V
111V 111V
Quicksilver Minim?
pref
52V
112
*3
53*4
112 V
4V
52 V
53V
111 V 111 V
American
Wells, Fargo A Co
INACTIVE STOCKS.
.
58*4
63V
131
*92
*52
110
134
94
150
150*4
55
110
*130
92
*52
*106
77*4
10V
10V
53V
53 V
5V
55
‘1
9V
85
60*4
59 V
134
*131
92 V *92
55
*52
110
61
135
95
55
52 V
53
111V 111V
59V
oi v
58 V
* 59 V
132
*130
135 - 132
92 V 93
92 V 92 V
52
54
*52
55
*107
110
110
110
4 ‘‘a
*10
2,710
10V
9,175
54 V1 35V494
210
4V
100
11*4
’
*Tv
*5 *
Columbus Chic. A Ind. Central
*8 V
85
85
2,021
53 V
37,810
111V111V
1,620
53
69 V
*132
94V
*50
110
60 V
J
Homeht ko Mining Co
Maryland Coal
Ontario Silver Mining
Pennsylvania Coal
*
These
are the
prices hid and asked
*225
; no
sale
was
11
5|
111
20
20
14
1
1
3
21V
4V
11V
45
5
190
50
124
77
51V
11V
23
75
10 v
200
82 V
148
84 V
17V 35 V
13 V
33 V
92*4 114 V
68
86*4
40V 58 V
30
68
53 V
38
90
80
53
38
......
12V
32
1
76
77
10
65
16*4
63
......
30 V
55
95 V
100 V
18
48V
30*4
68 V
26V Jan.
100
5
June21
19V
86
10
May 16
17
Juuo27
Oct.
7 170
8*4 Juue28 65 V
60*4 Juue26 112
31
May 16 56*4
90
May 24 117
6V
3*4 June 30
20
Juuo20
244,964
49
May 14
135
91V
GO
175
60
45
126
87
45
98
55
110
200
142
Juno 13
23 V Oct.
7
33
Feb. 11
1
Feb. 14
56
July 17
137
Apr. 12
22
Oct. 14
45
May 15
Juno 18
138
192 V Jan.
8
15
July 29
Mar. 25
8
9
J une 9
14
May 10
264
Feb. 19
100
Dubuque A Sioux City
Virginia Midland
June 21
49
1
7
..
Joliet A Chicago
Louisiana A Mb. River
Ohio A Mississippi, pref
Rensselaer A Saratoga
United Companies of N.
12
69 V
57
61V Jan. 8
127*4 Apr. 16 118V 140 V
14
39*8
17 V Mar. 17
Feb.11 102 V 112V
82*4 Oct, 18 114
25
15
10
May 16 17 V Jan. 10
150
62
Atchison
Topeka A Santa Fo..
Chicago A Alton, pref
Ciun. Sandusky AC love land
Columbia A Greenville, pref...
16
12
*2!
*
'
61V
Western Union Telegraph
EXPRESS.
Adams
5
16
3
34 V
106 V
19 V
13*4 Mar. 24
129 V
Jan. 29 120
127
50 V 64 V
58
Mar. 14
122
Mar. 13 111V 129 V
15 V
10V Feb. 15 , 7
20*4 Feb. 14 T3*4 35
105
90
160
June 13
94 V Apr. 12
83*4 89 V
26 V 40 V
11V June 27 28V-1 an. 5
72
83
20
Mar. 3
June 271 71
17V 52 V
June 24 i 17 V Apr.
8
175
July 7,184
May 111169 183
15 V 29 V
.7
Juno27j 16 V Jan. 7
4V
8-V
6
Feb. 28,i
9;
2V Oct
9 V Aug. 20j 18V Feb. 16;
21*4
14
18
10
Feb. 25!
10
Jan. 29! 11
49*4
22 V July 9
42
Fob. 151
32
14
Juuo27| 27 Jan. 7 | 23V 53 V
7i 49*4 90*8
67 V1une27j 57-V Jan.
14 V
2
4 V Sept,
1V J une 18!
21
36*4
1.7
25
V Mar.
14"8 May 14|
7
14*4
5
Juiie 12] 11*4 Oct,
32
19
Mar. 22|
8*4 Aug. 8 24
CVJ une26 34 *a J an. 7! 29 V 89
28
12
7
Juno 20] 17 *4 A ug. 20 j
46V 61V
21
Oct. 15
60*8 Fob. 23
120 June 3()j 135
Apr. 14 129 V 138
4
15V
2 V May 24
J an. 11
5
47
72
62
61
Feb. 14
J uly 3
39
21
12
Juiie 26 62 Fob.
23
14
IV July 24 16 V Feb.
15
34
21
i
24
Mar.
14
Oct. 18
85
35
50
18
Mar. 17
June 27
103
5! 80
96
Feb.
70
July 6
20V 36 V
11 VJune26 29 V Aug. 22
40
59V
24 V June 30
50
Mar. 18
100 V
87
70
May 15 96 V Apr. 10
40 V
33
9
15
Juno30 32*4 Jan
90
97*4
J uly 11
90
Jan. 26
65
169 V
94
7
7b V Oct. 20 99
Jan.
17 V 43
5 V J un,e27 22 V Feb. 11
70 V 104*4
28
June 60 84*8 Feb. 16
36 V
15
4
June 27
19*4 Jan. 7
29 V 57V
9
May 20 32 Jau. 5
101)
80
70
53 V
7
Feb. 15
Feb. 15
Jan.
7
Feb. 8
Mar. 18
122 V Jan.
Pacific Mail
Pullman Palace Car Co
Do
5 *4
11*4
4
9
Mutual Union Telegraph
New York A. Texas Land Co
Oregon Improvement C!o
Oregon Railway A Nav. Co
2|
11!
•
Tfv ’ 1’2’v *12 V
17
*17V
11*4
IV
15 V
*‘20
pref.
Do
Do
17*i
41V
18V
41V 42V
]
Oregon Short Lino
Do
------
Feb. 11
Oet. 22
7V June 26
9 V June 27
! 66 V May 20
1
6 V Jniie 20'
116
June 27
I 60
June20
85 V Oct. 23
5
July 1|
9
May 14
115
June 24;
'
83
June20
13 V
MO
*2
‘9
10
61
1
15 V
ISO
J une 27
June 60
-
V
12
11
10i
j
*9
11 V
1
12*8
Aug. 18
Aug. 20
1,012 !
400
j 17
*
122
69
89
18
J an.
35
4j
67
Aug. 20!
93 V Apr. 7
65
Aug. 21
79
Aug. 22
Mar. 18
24
Jan. 11
40
105
Apr. 15
94 V Mar. 4
16
Jan.
7
44
Apr. 10
18 V J an.
7
66 V Feb. 11
June 27
Jan. 22
Jan. 21
Jan. 26
2,000 j 51 *4 June27
55*4
10 v
92 V
12
40
82
42
70
10
26
85
5,250
"200
j
18
11
66*4 Oet. 23 104*4 Mar. 4
02. May 24 78 V Mar. 15
22 V June 24 61*8 Mar. 4
161
500
100
1
17
055
90
6i34!
10 V
74 V
1,100
12
90
55
57
11
05 34
05
2034
76*4
710
11
24 V
*25
122
j *61
j
t
20*4
06*4
*0
6a
87 34 89*i!
New York Central A Hudson.!
5 O
5 o;
New York Chic. A St. Louis...
Do
pref.! *8*4
New York Elevated
87 0 87 o!
New York Lack. A Western...
16 V 160
Newr York Lake Erie A West..
Do
pref.!
New York A’ New England
I
New York New' Haven A llart J 178 V 178 V
1 L
11 V
New York Ontario A Western.!
New York Susq. A Western...
61
1 1
Ml V
11V
.......
|
Nashv.Chattanooga A sSt.Loai.si
Norfolk A Western
74
11
F4 V
12 V!
07 V1
01
i
13V
135
84 V
75
86
48 V 65 V
47 V 71*4
10
17V
68 V 90
61
88
13
23*4
23
35 V
14*4 27
128
137 V
115*4 129 V
91*4 108 V
115
122 V
U5V 140 V
134
157
116 V 127 V
10 V 22
33
57*4
30
55
113 V
91
54
84
124 V 142
111V 131V
6
32
4
185
20
Jan.
4
110
J une26 140
Feb. 13
70
July 8 86 Mar. 6
9
20 V Jau.
June21
5
0 V June27
19*4 Jan. 7
2,900
High
127
78
30
19
10
25»8 Jau.
8V
14 V
June 12
Aug. 1 51
8V
May 8
July 11 200
Juno20 51
100
57 V
12 >8
28
17
94
9o
6*a June 23
3 V May 14
65
160
11
Low.
Highest.
12G
July 6 135 Jan.
90
80 V Mar. 27
Aug.
J an.
50
June 28 80
268
39
58 V Jan.
June27
57
V Feb.
4,170 21*4 June 27
8
May 22 12 Jan.
60,805 40*8 Oct. 24 90 Jan.
11,810 60 June60 67*4 Jan.
600
5
15
Jan.
June 27
605
9 V June20 28
Feb.
7
M ay 20
17
Jan.
"245 118 Juno26 140 V Feb.
8,141 107 June 27 127*4 Fob.
248,485 58 V J une 27 94V Jan.
900
9578 June 27 119 ieb.
204,550 81V J une 26 124 I-eb.
2,430 117 June 26 149 V Feb.
6,668 100 V June 26 126*4 I eb.
0
Sept.26 13 V J*n.
‘Too 17 Oct. 24 35 Jan.
2,520 21 VJune20 38 V Aug.
5,280 80*4 June 27 100 Aug.
881
28
69 V Mar.
June 27
240 125 V June24 141
Apr.
234,708 90 V May 20 133 V Mar.
4
11834 1180
"
29
Low'est.
'
106
106
106
I 106
84 V 85*8i
85*8 80V!
126 0*126
124
126
50
118 V 120
121
46*8
7a
1170 1170
28 V
80
65
169
85*4
4
64
*4
40
41
*5 0
10
"0 *8
112
28 J8
102*8 104 V
9 >4
9 J4
4
0
29*4
(Shares).
9
19
29
87
67
28*8
*
46 V
29*4
67*8
117*4 118 0
76
75V
106
106.
84 V 80 V
126*., 124
ill
"00
4 6 >4
9
80 V
*65
101 o 103*4
9
9
*4 *4
40
OO
OO
4
112 >4
112
*7
*10
110 V 112
*8
9
18
28
28 0
85 0 870
60
60
Get. 24.
■'
'
•
60
Friday,
Oet. 26.
40
46
68
68:j4
OO
"50
(Jo1
14
12 0 *10
(1 ■ '(■
8
9
I
128
128
*50
5:,4|
29:!4
Thursday,
40
i
39 V
68::4
10*4
....
30V
4 6 7h
38*4
*460
For Full
Year 1883.
1, 1834.
the Week
•
pref.
—
30 V!
”4134 44"
*
Michigan Central
Milwaukee L. Shore & West’ll
pref.
28
9*4
4*4
O-'i
Memphis A Charleston
Metropolitan Elevated
Do
Missouri Kansas A Texas
Missouri Pacific
Mobile A Ohio
Morris A Essex
11»«4|
60
60
140 O 1400
102
104*8
Delaware Lackawanna & West]
Denver A Rio Grande...:
East Tennessee Va. A Ga
Do
pref.
Evansville A Terre Haute
Green Bay Winona A St. Paul
Harlem
Houston A Texas Central
Illinois Central
Do
leased line 4 p.c
Indiana Bloomiugt’n A West’n
Lake Erie A Western
Lake Shore
Long Island
Louisville A Nashville
Louisville New Albany A Chic.
Manhattan Elevated
Do
1st pref..
Do
common.
Do
consol...
Manhattan Beach Co
Minneapolis A St. Louis
4
i Wednesday,
j Oet. 22.
117*4 118*4] 118^4 HO
76
7lV! 76V 75*8
74V 77 j
102
102 :*8 T02
106
105
840 80 V
85 V 871s!
85 V 87
126
123*4 124
1260 12601 126
Cleveland A Pittsburg, guar..
Do
5 34
*12
14
*6 V
9
128
128
111)
119 ’*4
1st pref
2d pref
29
*46 >4
60 ]4
46:a 1
Jan.
PRICES.
LOWEST
AND
HIGHEST
RAILROADS.
Albany A Susquehanna
Boston & N. Y. Air-Line, pref.
Burlington Ced. Rapids A No.
Canadian Pacific
AND SINCE JAN. 1, 1884.
PRICES FOR WEEK ENDING OCT. 2*,
NEW YORK STOCK EXCHANGE
STOCKS
[v0l. xxxix.
made at the Board.
•
Feb.
9
Jan.
7
Jan. 28
Mar. 17
7
Feb. 11
32 V Feb. 5
78 V Feb. 16
July 15:137
Jan.
125
65
56
91V
150
90
28
44*4
112 V 134
9V
5
30
46V
71*4
88 V
Apr. 24 126 V 135
94 V
88
Mar. 26
55 V 65 V
May 17 i 61V Feb. 7
May 26 115
Feb. 13 113 128
Juue24.102
June23
80*4 Jan.
7
152
24 V
33
2
82
Feb. 16
145
Mar.
24
90
146 V
193 V
21
11
15
29 V
Oct.
Jan.
;2G4
Sept.22
Feb. 11
Jan. 17
Mar. 10
4
0
9
Apr. IS
Mar. 21
Jan. 24
Jan. 4
Feb. 21
Jan. 29
Feb. 19
78 V 84*4
150
140
49 V
38
68 V
31
7 V
IV
92
77
138
138
25
112 V
139V 145 V
187 V 197
20
31V
19
8
17
10
35 V
18
260
280*4
13
96
October
THE CHRONICLE,
25,1884.J
N.Y
457
QUOTATIONS OF STATE AND RAILROAD BONDS, OCTOBER 21, ISSt.
Ask.j
Bid.
SECURITIES.
Alabamar—Class A, 1906.
Class B, 5s, 1906
Class O, 4s, 1906
80
79%
:
98%
*77
*102
08,10-20s, 1900
Arkansas—6a, funded
7a, L. Rock A Ft. S. iss.
7a, Memp.A L.Rock RR
7a, L. R.P.B. A N.O. RR
7a, Miss. O. A R. R. RR.
7s, Arkansas Cent. RR.
•Georgia—6s, 1886
*10
*10
*10
*10
*5
99
•
j
9
|
i
1
I
.J
i
1
7a. 1886
102%
7a, gold, 1890
107
i
I
I
Bid.
SECURITIES.
80
Ask.
STATE
1
i Ask.!
Bid.
SECURITIES.
Louisiana— 7s, aona., 1914
Ex-matured coupon
Missouri—Os, 188G
Special tax. all classes..
6b. due 1889 or 1890....
A syl’ra or U niv., due ’92
Funding, 1894-95
Hannilial A St. Jo., ’86.
New York— 6s, reg., 1887
6s, loan, 1891
6s, loan, 1892
6s, loan, 1893
N. Carolina—Gs, old, J. A.T.
Funding act, 1866-1868
Do
Consol.
bs,
Wil.C.ARu.R.
4s, 1910
1919..!
6s, Act Mar. 23, 1869?
non-fundable, 1888. )
Brown consol’n Gs, 1893
Tennessee—Gs. old,1892-8
6s, new, 1892-8-1900 ...
RAILROAD
Bid.
1 Ask.
136
114
:i33
SECURITIES.
2d, 7s, 1891
Ask.
SECURITIES.
Bid.
Ask.
6a, new series, 1914
C’mp’mlse,3-4-5-6s,19l2
1 Virginia—bs, old
1
bs, new, I860
6s, consol, bouds
6s, ex-matured coupon.
6s, consol., 2d series
i
4
4
83
39%
....
!
45
6s, deferred
1
|
District of Columbia—
105% 106%'
38% 40%
37% 39%
3-65s, 1924
Registered
Funding 5s, 1899
i
1
BONDS.
Ask.
M anhat. B’cli Co.—7 s,
Metropolit’n El.—lst,190S
1
1‘enu. RR.—Continued—
1009 i
N.Y.AM.B’h—lst,7s.’97 i
Marietta A Cin.—1st, 7s..
!
106%
10b % 107
P.t'.ASt.L.—1st, reg.,7s1
2d, 78,1913
!
Pitts. Ft.W.A Chic,—l3t
—
....
*108
140
117% 119*2 ! 2d, Gs, 1899
2d. 7a, 1912
9G;*g 96%
*136
13*6’*
123*8 125
Mex. Cent.—1st, 7s, 1911.
3d, 7a. 1912
Alleg’y 0606.-181,68,1922
35
H5
Micli.Cent,.—Cons. 7s. 1902
1902 126%
.26% 127%
Clev.it Pitts.—Cons.s.fd. 124
Atch.T.& S.Fe—4*28,1920
;120 .IMicli.Cent.—Cona.7s,
104
108
ill*"
10334
Sinking fund, 6a, 1911..1
Construction, 5s, 19231
4th,s.fd.,Ga.1892
: 97^ ! Consol. 5s, 1902
AtL & Pac.—1st, 68/1910. ------- 78*4 ;Del.«fe Hud. Canal—1st, 7sj 114%
St.L.V.ifeT.H.—lst,g.,7a H7 118%
\ 6s, 1909
105
i
1st. ext., 7a, 1891
Bftlt.&O.—1st, Gs, Prk.Br.; H3
2d, 7s, 1898
!
Coupon, 5a, 1931
100
Boat. Hartf. A E.—1st, 7s
il Coupon, 78, 1894
2d, guar., 7s, 1898
! ^15 1
Registered, 5s, 1931
Registered. 7s.
Guaranteed
1
! 113% 114*2
80**
Registered,
7s, 1894
1894
.Pitts.B.A B.—1st. Gs, 1911
Jack.Lan.ASag.—6s,’91.
102
130
l85
; Milw. & No.—1st, 6s, 1910
Bur.C.Rap. A No.—1st,5s
1st, Pa.Div., cp.,7s, 1917 125
j Rome W.& Og.—1st,7a,’91 *107
86
6G
I Con., lat, ext., 5a, 1922.
Consol., 1st, 5s, 1934... j' 85
1st, Pa. Div., leg., 1917.:
1st, Gs, 1884-1913
»5
68%
Alb
lb. A
‘
“
‘ Susq.—1st,
I Roch.it Pitt.—1st, 6s,1921 107% 108
I
Registered
i iMil.L.S.AW.—lat,Ga,1921 101%!
7a
j 10«V
87
89
Minn.ASt.L.—lst,78,gu.!
2d, 7s. 1885
! 102% 102V Minn.A St.L.—lst,7s,1927! 118% 118% I Consol., lat, Ga, 1922
Ia. City. A West.-1 st. 7sl
60% 52%
lst.cons., guar.78,1906i 1-1 ;
I IowaExt.—1st, 7s, 1909 *n-1 1
j Rich. AAlleg.—1st,7a,1920
91% 92%
Registered
I
C.Rap. I. F. A N.—1st, 6s
J
2d,
7s, 1891
; Rich.it Danv.—Cons^.g.,Gs
1 at1
Oa 1 QOC *111
*•>
ft'thnr
Debenture Gs, 1927
49%
1st, 5s, 1921
let, cons., gu., 6s, 1906 111%
j S’thw.Ext.—1st, 7s,1910
! 113
Buff. N.Y. A P.—Cons., Gs
Pac. Ext.—lat, Gs, 1921. 100
Atl.& Oh.—lat,pf.,7a, ’97 004"
Registered
;101
134
Rena.
A
,136
Sar
i
iMo.K.A
General, 6s, 1924
—lat, cp.,7s
T.—Gen’l,Gs,1920
71%. 74
Incomes, 1900
963,
134
Can. So.—1st, int. guar. 5s
1st, reg., 7s, 1921
(
General, 5a, 1920
60% Scioto Val.—1st, cons., 7s.
Cons.
St.
I,
A Iron Mt.—lat, 7s 110% 111%
$04-5-6
103
103%
2d, 5s, 1913
78,
1
, Denv. A Rio Gr.—1st, 1900
—, I
1 st, consol., 7a, 1910
Cons. 2d, income, 1911..
2d. 7s, 1897
103% 104%
Reg., 5s, 1913
100
H. <t Cent. Mo.—lat, ’90,*103
Central Iowa— 1st, 7s. ’99
Arkansas Br’ch—1st, 7s
i Den.So.Pk. A Pac.—lat, 7a
63
104
East. Div.—1st, 6s, 1912
Den.A RioG.West.—lat,Gs
105
Mobile <fe Ohio—New Gs..I 103
Cairo & Fulton—1st, 7s
*55
Ill. Div.—1st, Gs, 1912..
Collater’l trust, Ga, 1892; —
105
Cairo Ark. A T.—1st, 7a 103
11 Det.Mack. AMnrq.—lat, Gs
Char. Col. A Aug.—1st, 7s
61% 65
1st, Extension, Gs, 1927 j
11 Land grant, 3%s, S.A...
Chea.A O.—Pur.monevfd.
St.L.Alton & T.H.—la
-! iMorgan’s La. A T.—1st, 6s:
3
-liE.T.Va.&Ga.-lst.7s,1900
A
1C3
ilOo
I
! jNash.Chat.it St.L.—1st,7s1
i‘oe%
6s, gold, aeries A, 1908
lat, cons., 5a, 1930
2d, pref., 7a, 1894 ...
116%
60
101
6a, gold, aeries B, 1908
2d, 68,1901
*100
2d, income, 7s, 1894
-1
Divisional 5a, 1930
26
IN.
Y. Central-Ga, 1887...; 3 04 V
120
Bellev.it So. Ill.—1st
3
6s, currency, 1918
!' Eliz.C. AN.—S.f .,deb.,c.,Ga
Deb. certs., ext’d 5s
3
110%
Mortgage bs, 1911
j 104 % 104 %
j! lat, Gs, 1920
Ches.O.&S.W.—M. 5-6s...
N.Y.C.&
i*0*8%
-; | Eliz.Lex. A Big Sandy—Gs
H.—lst,cp.,7s; 129 >130
A
4
109%
Chicago A Alton—1st, 7s. *118
Erie—lat, extended, 7s...
1st, reg., 1903
130%
i
10b
100
Sinking fund, Gs, 1903..! 119
2d, extended, 5a, 1919
Hud.Riv.-7a,2d, s.f., ’851 103 %
121
119
102
La. A Mo. Riv.—1st, 7s.!
3d, extended, 4 %a, 1923
Harlem—1st, 7s, coup... i *12 9 j
>*105
2d, 7s, 1900
1st, 7s, reg., 1900
1
130
4th, extended, 5a, 1920.
*i'o*4
St.L.Jack.& Chic—lsti
l!*ioo
5th, 7a, 1888
N.Y.P.A O.—Pr.l’n, Gs, ’95
)! 99
! So. Car. R’ylet, guar. (564), 7s, ’94!
!
lat, cons., gold, 7a, 1920 112%
*83
2d, (300), 7s, 1898
31 ! 34
N.Y.C.itN.—Gen.,68,1910
lat, cons., id. coup., 7a..
104
Truat Co. receipts
2d, guar. (188), 7s, ’98
Reorg.. 1st lion, ba, 1908
31 : 33
109
11*5
Miss. R.Br’ge—1st, s.f.Gs
N.Y.&. N.Engl’d-lat, 7s 100 i
82%
Long Dock b’naa, 7s, ’93
134
C.B.A Q.—Consoles, 1903! 128% 129
►
BuO.Y.& E.—lst.1916 131
100
1st, 68,1905
80 !
|1 9*8%
I! N.Y.
'52
98%
5a, sinking fund, 1901.. j
L.E.AW.—New2d b
N.Y.C.&St.L.-lst,Gs>192l!
j 95 jl lstmort., 7s, 1911
i
Collat’l tnist,bs,1922.
I 96 % 96%
5a, debentures, 1913
2d, Gs, 1923
1
Ia. Div.—S. fd., 5s, 1919! 104
N.Y.W.Sh.it Buff.—Cp.,os
Buff.it 8.W.—M.,bs,1908
;
43
V
43^
OG*"! 9G'
Sinking fund, 4s, 1919 *89
Registered, 5s, 193.1
i ;Ev. A T. H.—1st, cons., bs
i 42
1
87%
! Mt.Vern’n—1st, Ga, 1923
Denver inv.—48, 1922..
1
I 84
80
Plain 4s, 1921
*84**
;
j
Debenture, 6a, 1897
!
I i Fargo it So.—1st, Gs, 1924
56
C.R.I.A P.—Gs. cp., 1917. 124 %
Midland of N.J.—1st, Gs
83
85%: Va. Mid.—M. inc., bs. 1927 !>
jFl’tA P.Marq—M.Gs.1920 1*1*3* *;
*
*
i
39
Wab.StL.it Pac.—Gei
6a, reg., 1917
! Gal. IIar.it S.Ant.—1st, 6s 10b : 107 IIN.Y.N.H.&H:—lst,rg.,4a' 108 i
65
Keok. A Des M.—1st, 5s lt.2%105 l| 2d, 7s, 1905
106 i! Nevada Central—1st, Gs..l ------!
Chic. Div.—os, 1910
:
112
!
Central of N. J.—1st, 18901
91%
Hav. Div.—bs, 1910...
Mex. <t Pac.—let, 5s
;N.Pac.—G.l.gr., 1st, cp.,Gs’ 101% 102
8*3*
l8tconsol.a88ented,1899' 103
Tol.P.AW.—lat, 79,1917
2d, 6s. 1931
! Registered, Os, 1921
*99 (100%
i
*80*
77
N.O. Pac.—1st, Gs.g.. 1920
Conv„ assented, 78,1902i
50
| 53 i Iowa Div.—bs, 1921
Gr’nBayW.ASt.P.—1st,6s
111
Gulf Col. A S. Fe—7s, 1909 108
i Norf.&W.—Geu’l,Ga,193l| ---- 400 j
Adjustment, 7s, 1903...! 105
Ind’polls Div.—6s, 19’“
68
*8*6 i 2d, 6s, 1923
89
1 rG5
Conv. debent. Gs, 1908.. j
Detroit Div.—bs, 1921
:l NewRiver—lat,Gs, 1932j
|
j 95
90
95
Leh. A W.B.—Con.g’d.as. j
Cairo Div.—5s, 1931
IIaim. it St. Jos.—8s,conv.| 102% 102 V Oliioit Miss.—Consol, s.fd.l H6% 118
54%
87
I Consolidated 7s, 1898... 117 .118
70
i
Consol. Gs, 1911
Wabash—Mort, 7s, 1909 !
Am.D’kAImp.-Ss, 1921 j
i 110 111
*
i
il 2d consolidated 7a, 1911
Chic. Mil. A St. Paul—
Tol. & W.—1st, ext., 7s 101% 102%
120
! lat, M. L„ 7s
107 :
j 1st, Springfield Div., 7a■
1st, 8a, P. D
! 129
1st, St. L. Div., 7s, ’89 | 91
iai
104
.106
:
i
Ohio
Central—1st,
2d. ext.. 7s, 1893
Gs, 1920; 52% 55
1 «6 I 92
1st, Western Div.. 7s
2d, 7 3-10, P.D., 1898...I
J
108
let, 7a, $ g.. R.D., 1902.| 125
|
1st, Term’l Tr., 6a, 1920
1st, Waco it No., 7s
Equipm’t bds, 7s, ’83.
117 |
Consol, conv., 7s, 1907 *0*9"’
let, LaC. Div., 7a, 1893J
2d, consol., maine line,8s Ill .114 ,| let, Min’l Div., Ga, 19211
80
117%
I
Ohio So.—1st, 68,1921
1st, I. A M., 7s, 1897...! lib
79
GtWest’n—1st, 7a, ’88 100%> ib*2
2d, Waco it No., 88,1915 *
'
lib
I
97
80
General. Gs, 1921
let, I. A D., 7a, 1899....
2d, 7s, 1893
Oreg’nit Cal.—lat,Ga.1921
127 i
69*
75
Or.&Tranac’l—Ga.’82-1922
68
lflt, C. A M., 7a, 1903...I 125
Q.& Tol.—lat, 7s, 1890
I Oregon Imp. Co.—lat, Ga.
65
Han.& Naples—1st, 7s
63
1 118 118%! 2d, Ga, 1913
Con80l.7a, 1905
Ill. A So.Ia.—l8t,ex.,Gs
let, 7a, I.A D.Ext., 1908: 119 122 | Illinois Central—
Oreg’n RR.it Nav.—1st,ba 107%, 108
i
1
1st, 8.W. Div., Gs, 1909.1 110
StL.K.C.&N.—R.e.,7s *98** **99**
j Debentures, Is, 1884...
98%;
Springfield Div.- Cp. Ga 109
96
9*7
|
Omaha Div.—1st, 7s 100
Middle Div.—Re
let, 5s, LaC. A Dav.,1919!
Panama^-S.f.,aub.6s.1910 -----Reg., 5a.
1
106% io7%:
Clar’da Br.—bs, 1919
C.St.L.it N.O.—Ten.l;,78
j Peoria Dec. & E v.—1st, ba 95 % 96%
120 |
95%
120%
122%
St.Chas.Bge.—1st, bs
lat, consol., 7a, 1897
j Evana.Div.—lat,6a,1920
112
116 I
104
No.
Missouri—1st, 7s. 108
jPeoriait Pek.U’n—lat, ba;
2d, Ga, 1907.
*109
106
105
93% 94%
Pacific
Railroads—
I
West.Un.Tel.—1900,coup.
Gold, 6a, 1951
94
97 j
*112%
Min’l Pt. Div., 5a, 1910.:
Dub. & 8. C.—2d Div., 7a
Central Pac.—G., 6s
*108%
1900, reg
94
115 ;
C.«fe L.Sup.Div., 5a, 1921 j
N.W. Telegraph—7s, 1904
San Joaquin Br.—bs..i*102
1 Ced. F. it Minn—lat, 7a
92% 93 ! Ind. Bl. &W.—lat pref., 7a
Wia.A Min.Div..58,1921
i
Cal. it Oregon—1st, ba -----73
Mnt.Un.Tel.-S.fd,bs.l911
98
92
70
Terminal 5a, 1914....
94%
Spring Val. W.W.-lst.bs
lat, 4-5-68, 1909
|
Cal. it Or.—Ser. B, 6s. 99
•Chic. A Northwest.—
!
Land grant bonds, 6a. ,98%
2d, 4-5-6a, 1909
1 Eastern
103
I
Sink, fund, 7a, 1885
West. Pac.—Bonds, 6s1 104%'105%
INCOME BONDS.
Div., 6a, 1921..
1*34 j Iiidianap.D.it Spr.—lat,7s
100
Consol, bonds, 7a, 1915.
No.R way (Cal.)—lat, 6a 106 (109
(Interest payable if earned.)
So. Pac. of Cal.
Extension bonds, 7a, ’85i 103
lat,6a
94% 9b
2d, 5a, 1911
110
So.Pac.of Ariz’a—lat, 6a *96%
let, 7a. 1885
Alleg’ny Cent.—Inc.. 1912
Int.&Gt.No.—lat, 6a, gold
J 103% 104
14
Atl.
A Pac.—Inc., 1910...|
17
77% 80
So.Pac.ofN.Mex.--lat,6s *95%! —
Coupon, gold, 7a, 1902.. 126
Coupon, 6a, 1909
Central of N. J.—1908
K ent’fev Cent.—M.6a, 1911
Union Pacific—lat, ba
lll%:112
Beglat’a, gold, 7a, 1902. 120
109
Cent. I a.—Coup. deb. certs, j
Lake Shore—
Land grants, 7a, ’87-89 104%|
i
Sinking fund, 6a. 1929.. i
109
Sink, fnnd, Gs, 1929, reg.*
M. S. & N. I., 8. f.. 7s... 104%;105
Ch.St.P.&M.—L.gr.inc.,bs
Sinking fnnua, 8a, ’93. 112% 114
Chic. A E. Ill.—Inc.. 1907
Cleve. it Tol.—Sink’g fd. 103% 104
Sinking fnnd, 5s, 1929.. 100 100%
Reg , 8s, 1893
*
H4
DesM.A Ft.D.—l8t,mc.,6a
Sink, fund, 5s, 1929, reg
New bonds, 7a, 1886.. 102%
Collateral Truat, 6a...
Det Mack. A Marq.—Inc.
do
58.1907
96%
Cleve. P. it Aah.—7a— 112% 115
Bink’gfd. deb., 5a, 1933
13
123
106%
25 years deb. 5s, 1909..
107%
Buff. <t Erie—New bda. 119
13%
E.T.V.AGa.—Inc.,68.1931
Kana.Pac.—lat, 6a,’95
110
Elizab. C. A Nor.—2d, inc.
106%
Kal. it W. Pigeon—lat.. 100
lat, 6a, 1896
Registered
15***
Eacanaba & L.S.—lat,6a
Det.M.it T—1st,7a,1906 *118
Denv.Div.6a,aa’d,’99 107 1*0*8% Gr.BayW.A St.P.—2d.inc.
89
Ind. Bl. A W.-Inc., 1919
DesM.it Min’ap.—lat,7a
Lake Shore—Div. bonds 118
1st, consol., 6a, 1919
126
Iowa Midland—lat, 8a.. 127
C.Br.U.P.—F.c.,7a, ’95 100
Consol., inc., 6s, 1921... *10
Consol., coup., 1st, 7s.
*85
Ind’sDec.A Spr’d—2d,inc.
At.C.& P.—lat,6a,1905
Peninsula—1st, conv. 7a 420
Consol., reg., lat, 78... 122% 124%
80
85
124
117
Trust
Co. certificates...
At.
J.
Co.*
Chic.it Milw’kee—lat,7s
W.—lat, 6a
Consol., coup., 2d, 7a..
84
85
Leh. A Wilkesb. Coal—’88
117
Win.* St. P.—lat, 7a, ’87 i*0G% 107%
Consol., reg.. 2d, 7s...
Oreg. Short L.—lat. 6a
100
118
Lake E.A W.—Inc.,7s,’99
Ut. So.—Gen., 7a, 1909
2d, 7s, 1907
Long Ial. RR.—lat, 7a, *98 121%
95
101% 102
Mll.it Mad.—lat,6a,1905
Exten., lat, 7a, 1909
Sand’ky Div.—Inc.,1920
1st, consol., 5a, 1931
Louis. West.—lat, 6a
Mo. Pac.—lat, cons., 6a.
90% 91% Laf.Bl.AMun.—Inc.,78,’99
C.C.C.&Ind’8-l8t,7a,8.fd.
103
Mil. L. Sh.A W.—Incomes
Louisville & Nashville—
Consol. 7s, 1914
*119%
3d, 7a, 1906
Mob. A O.—lst,prf., deben.
Consol, sink, fd., 7a,1914
Pac. of Mo.—lat, 6s... 103%
112% 113%
Consol., 7a, 1898
*107
88%
General consol., 6s, 1934
Cecilian Br’ch—7a, 1907
2d, pref., debentures—
2d, 7s, 1891
78
82
•C.St.P.M.& O.—Consol. 6a 111% 112
St.L.it S.F.—2d, 6s, Cl.A 100
3d, pref., debentures—
N.O.&Mob.—lst,bs,1930
100
3-6s, Class C, 1906....
4th, pref., debentures
C.St.P&M.—1st,6s, 1918 117
2d, 6a, 1930
103
No. Wla.—lat. 6a, 1930.
3-6s, Class B, 1906.... i*o*6‘ 100% N.Y.Lake E. AW.—Inc. 6a
E.H.&N.—lsl,ba, 1919
N.Y.P.& O.—lat.inc.ac.,7 s
6t.P.& 8.C.—lat.6a.1919 i*15*" 116
87% 90
1st, 6s, Pierce C. it O.
General, 6a. 1930
CMc.it E.I11.—lat,a.f.,cnr. 100
104 ;
Ohio Cent.—Income, 1920
5%
Pensacola Div.—6a,1920
Equipment, 7s, 1895..
Min’l Div.—Inc.,7s,1921
CMc.St.L.it P.—lat, con. 5 s
87%
St. L. Div.—let, 6a, 1921
Gen’Imort., 6s. 1931..
19
23
C'Mc. & Atl.—let, 6a, 1920
So. Pac. of Mo.—1st,6s 103
2d. 3a, 1980
103% OMo So.—2d inc., bs, 1921
106
117 i
Naanv. & Dec.—1st, 7a. 115
2d, Ga, 1923
|Ogdens.A L.C.—Inc., 1920
Tex.* Pac.—1st, 68,1905
25
.!
40
S.,t N. Ala.—S.f.,6a,1910
iPeoriaD.AEv.—Inc., 1920
CMc.&W.Ind-1st, s.f., Ga
Consol., 6a, 1905
.i
i Evansv.Div.—Inc., 1920
30
Gen’l mort., Ga, 1932
Income it Id. gr., reg..
Loniav. C.& L.—6a, 1931
46
Col.* Green.—1st, Ga,19161
Trust bonds, 6s, 1922...
; Peoria APek.Un.—Inc.,6s
lat, Rio G. Div., 6a, 1930
59 i L.Erie it W.-lst. 6s, 1919
90 j
2d, 6a, 1926
assented
jRoch.A Pittsb.—Inc.,1921 45” *5*8
do
82 % j
28
Col, H.Val. & Tol.—lat, 5°
60
{Rome
W. A Og.—Inc., 7s.
67% j Sandusky Div.—6s, 1919
Pennsylvania RR.—
Del. L.& W.—7 a, conv., *92
50
jSo.Car.Ry.—Inc., bs, 1931
jLaf.Bl.it M.—1st, 6a, 1919
|
95%
Pa.Co.’aguar.4%9,l8t,cp
120
93 !l
! Louis v.N. Alb.&C.—l8t,6a
Mortgage 7 a, 1907
St.L.AI.Mt.—l8t,7a,pr.i.a.
Registered, 1921
94% 96
*40
!st. L.A.A T. H.—Div. bds.
II PittC.it St.L.—1st, c.,7s
N.Y.—lat,7a 120% 125
j General mort., 6a, 1914.
8yr.Bingt
*
No
.
.
...
nnna
ivn
■
—
—
;
----
—
—
..
.
*
•
.
-
......
......
..
....
.
*
^
'j
*
....
*
••••••
1
*
I
,
,
*
Iib'7%
*
.
_
_
,
*
*
,
...
__
....
.
T
..
.....
—
..
—
prices Friday; these are lateat quotations made this week.
yi
1 Tennessee—Continued—
IS
3
3
81
104
105%
Ohio— 6s, 1886
South Carolina—
M. A E. bonds, 7s, 1900
7s of 1871,1901
1st, consol., guar., 7s..
Lack. A W.—1st, Gs
(Stock Exchange Prices.1
Ala. Central -1st, 6a, 1918
Bid.
SECURITIES.
N. Carolina—Continued—
New bonds, J.AJ., ’92-&
Del. L. & W.-Contin’d—
Morris A Essex—1st, 7s
Railroad Bonds.
BONDS.
..
....
rnm^mrn
-
.
,-1
I
1
Stock List.
Insurance
Hank
Stock List.
[
COMPANIES.
Par.
Sf&rked thus <*) are'
not
National.
Exchange...
'Broadway
Butchers’it Drnv’s
Central
Chase.....
Chatham.
•Citizens’
150
25
25
100
100
25
235
100
2000
25
100
1 00
100
:
i
City
!
I
Commerce
Continental
I
100
100
(
Chemical
Corn Exchauge*....i 100
25
East River
;
25
Elovonlh Ward* —
Fitth
! 100
Fifth Avenue*
j 100
100
First..
100
Fourth
30
Fulton
50
'Gallatin
100
•Garfield
75
Gorman American’7.
Gorman
Atlantic &
Ask.
Bid.
Income
Boston it
Best on it
_
America*
Antr.
Ask.]
Bid.
Par.
COMPANIES.
124
....
119^2
i
'124
200
.
100
.
‘
.
1
100
1 min
4*00"
17
10
100
100
50
50
25
75
1
i
i
115
115
140
100
140
170
100
140
1 in
120
50
220
240
70
Farragut
{
......
Firemen’s
Firemen’s Trust
Franklin it Emp..
.
German-American
.
Germania
120
180
Globe
Greenwich
Guardian
Hamilton
1
t75
Hanover
Home
j
144
143
255
100
100
Imp. & Traders’
.
....
100
25
Hanover
.
!
i'44
Exchange* 100
Germania*
Greenwich*
1
150
50
American
Amer. Exchange... 100
25
Bowery
25
Broadway
17
Brooklyn
20
Citizens’
70
City
100
Clinton
50
Commercial
100
Continental
40
Eagle
300
Empire City
30
Exchange
50
'
I
-.
Howard
Irving
.1 efferson
50
i 50
Leather Manuf’rs’.. 100
150
50
Manhattan*
100
Marine
137
100
Market
L30
25
Mechanics’
90
25
Mechanics’^; Trans’
1-0
Mercantile
I 100
Mercnauts*
! 50 124
90
Merchants’ Exch.. J 50
100
Metropolis*
*48**
"2l"
Metropolitan
i 100
100
Murray Hill*
50 125
Nassau*
160
New York
j 100
140
New York County .1 100
100 100
110
tnth
; 100
70
North America*....!
30
North River*
Oriental*
j 25 130 160
Pacific*
t 50
152
100
Park
•People’s*
1 25 lf.O
lbO
Phenix
j 20
Produce*
! 50
12*6"
! 100
Republic
125
Bfc. Nicholas*..;
j 100
Seventh Ward
' 100
100
Second
Shoe «fc Leather
! 100 140*
it‘0
State of New York* 100
Third
| 100
100
40
Tradesmen's
j
100
50 150
Union
! 100
United States
Wall Street
I 50
::::::
West Side*
! 100
.....
Crving
......
.....
.....
.....
J
5. Y. Nat. Exch....'
Kings C’nty (Bkn.).
Knickerbocker
Long Isl’d (B’klyn)
Lorillard
Mauufac. & Build..
Traders’
Mechanics’ (Bklyn)
Mecl). A
..
Nassau
(Bklyn.)
118
200
80
100
70
100
40
105
60
97
105
145
80
150
35
100
...
50
75
120
104
165
100
145
108
125
25
107
50
100
100
25
25
10
50
90
50
50
110
50
25
! 25
100
Cooper
20
1
j 50
People’s
Phenix
;
1
Rutger’s
1
Standard
j
50
40
3782
:
North River
Pacilic
Park
Peter
125
50
50
50
50
Niagara
......
40
105
210
125
105
230
55
100
125
50
...
National
N. Y. Equitable
N. Y. Fire
90
Star
Sterling
Stuyvesant
United States
Westchester
Williamsburg City.
5s
East’rn,
Scrip
N. x & N.
7s.
N. Mexico
.
Old
Boston
Boston
Boston
Boston
Boston
Cinn.
700,000 F. it
I Var’s j
Scrip
.
...;
115
135
120
100
57
57
3 20
320
125
225
Bid.
!
Bonds
•
100 2,000.00.)!
1900
(Quotations bj H. L. Grant, Broker,
900,000 J.
100
Bi'cker rtt.it Fult.F.—atk
1st inert
1,000
Br'dway it 7th Av.—St’k.
100
115
A"J
700,000 J. it J.
2,100,000 Q.—J.
*
Broadway.]
’84 f~24
j J uly, 1900 [108
Oct. 1,
’84! 171
1,500,000 J. it D. 5 ;j line,1204 103’
2,000,000 Q.—F. 38a’ vug., ’811218
1,000 ! 800.000 J. it J. 5 1 Jnn„ K 02! 100
1st mort
’84! 100
incr.,
100 I 200,000 A. it O. 4
Bklvu. Crosstown—Stock
1st mort. bonds
; 1,000 !
400,000 J. it j: 7 Jan, 1888 105
100 i 500,000 Q.—F. 2
; Ailg., ’84 100
Busbw’kAv. (Bkln;—St’k!
1 8, o< r. 1, ’84 140
100 j 000.000 Q.—J.
Cent ra 1 C i o s s i o v, n—S t k. i
0
i Nov.. 1922 110
1 1,000 ! 250,000 M.JcN.
1st moi-r
2
'oct. 1, ’84 139
100 ! 1,800,000 Q.-.L
Oent.I’k.N.it E.Riv.-Stki
Dec., 1902 110
1.000 13,200,000 J. it D. 7
Consol, mort. bonds
Aug., ’84 180
300 j 050,000 F. it A. 3
Christ’ph’ritlOtli St—Stk!
Oct., 1898 110
Bonds
j 1,000 ! 250,000 A. it O. 7
2 8a Aug.,
’84 192’
100 ! 1,200,000 Q.-F.
DtylJk.E.B.it Bat’y—Stki
7
J.
it
D.
|June, ’93 114
500it0.1 900,000
1st mort., consol
0
Fut
A.
Feb.,
1914
10 4
100
'1,200,000
■Scrip
100 1,000,000 Q.—J. 28a'Oct. 1, ’84 240
Eighth Av.—Stock
100 1,001),'TO F * A. 0
; Feb., 1914 105
scrip
; May, ’8 4 245
100 i 748.000' M.itN. 0
42difc Gr'i.d St.FTjr—Stk
April, ’98 112
1st mort
230,000 A. it O. 7
1,000
1st mort
Brooklyn City—Stock.
...
1,000
10
.
IToust. W.st .A P. F’y-Stk
1st mort
6«>eoud Av.—Slock
Consol
Sixth Av.—stock
1,000
100
Third Av.—."stock
1st mort
Twen t v-1 !ii rd S t. — s toek.
1st nmrt
1,000
| 000,000 F. it A.
|
[Aug
(July,
| July,
’84 135
’94 111
’84 195
April, ’85 100 8;
’88 105
1,500,009 Al.it S.llO Mch„ ’84 100
500,000 J. A J. 7 ! Inly, ’90 110
2,000,000 Q.—F. 4 j A tig., ’84 290
1,000 2,000.000 J. it J.
100
2
7
5
150,000 A. A O.
1,050,000 M.itN.
100 !
1st Dant e
500,000 J. & J.
1,802,000 J. A J.
1,000
1,000
3d mort
This column shows
250,000 Q.-F.
100
500 ;
100 j
!
250.000 M.itN.
7
4
7
last dividend on stocks, but date
i J an.,
Aug.,
May,
— -
69
90
1208a
Gen
6s, cp., 1910
i
Cons., 6s, reg., 1905
120
Cons., 6s, coup., 1905...j 1188a
§104
Pa. &
Phil
Kan. C. Springf. & Mem.!
Little Rock it Ft. Smith.
Louisiana it Mo. River..;
Preferred
j
Pliil.it
2d, 7s, coup., 1893
11234
Cons., 7s, reg., 1911 ....
§ 1 12
Cons., 7s, coup., 1911..
§103
Cons., 6s, g., I.R.C.1911
Imp., 6s, g., coup., 1897 *72**
Gen., 6s, g., coup., 1908
78
Gen., 7s, coup., 1908 —
§
•
’90 111
r8 4 172
’93 lit)
Debenture coup.,
I
95
'•---
17
u
2
9
1108a
205
1 10
200
117
140
113 82
200
101 8a
100
3.15
300
13 3
178
113
of maturity of bonds.
Sun bury
80
70
50
60
1893]
*40**
*92** "9*2*4
40
120
7s.
it Erie—1st,
Wr.—1st, 5s
isyr.Gen.it Corn.—1st. 7s.
!h
ex.
it Pac.—
1st, Os, 1905
!| Consol., Os. 19o5
ijUnion it Titusv.—1st, 7s.
[IUnited N. J.—Cons.Os,’94
I Cons. Os, gold, 1901
Cons. 6s, gold, 1908
| Gen., 48, old, 1923
Kvarren & F.—1st, 7s, ’901 100
j West Chester—Cons. 7s..!
kv. J ersey—1st, Os, ep.,’90 §113 82
!
1st, 7s.* 1899
:
! Cons. Os, 1909
§113
W. Jersey it Atl.—1 st.Os.C.
106 8j
Western Penn.—6s, coup.
107
16
24
Os, P. B.,
1890
7s, coup.. 1901
CANAL BUNDS,
Gen.,
»
dies. &
;
Lehigh
Del.—1st, Os,1886
Nav.—6s,reg.,’84.
Mort. IIR„ reg., 1897
Cons., 7s, reg., 1911
Brook
Pennsylvania
SchuyVk. Nav.—lst,6s,rg.
! 2d, *6s, reg., 1907
§56
BALTIMORE.
00
00
1st prof
2d pref.
Preferred.'
50
ilContral Ohio—Com
50
Pennsylvania
:‘2"e I Pref
5 o y j Western
8a!
15
Phihutnlphia <t Erie
Norristown
110 7
§
N.Y..
122*
85
......
......
104 8a
80
03
108
167
.50
50
.50
50
Maryland
9
"of
50
......
12 8j
8a!| RAILROAD* BONDS.
Atlanta it Chari.—1st
Inc
10182
Balt.it Ohio—Os,,’85 A.ifeO!
lJs‘
11
Phila. it Reading
Phila. Wiltn. it Balt
ijCen. Ohio.—Gs, l>it,M.<tS.! ioj 82
lidiarl. Col. it Aug.—1st..j
Pitt-b.('in.it St. L.—Com.
United N. J. Companies..
2d
i
Wort Chest or—Cons. pref.
West Jersey
West J ersey it A tlautic..
.
-
-
.
*47
T
1
3ds
i :(’elumbiait Greenv.—Ists
1
2 ds
1
No.<,’entral—6s, ’85, J.&J.
!1 Os, 1900, A.&O
6s, gold. 1900. J.A' J
1
5s, Scries A
CANAL* STOCKS.
......
11
.
110
7s, E. ext., 1910.
|
fne. 7s. end., coup., ’94;
18
_\
Ashtal). it Pitt.-b.—1st,Os
i st, 6s. reg., 1908
Belvid’e
102
2d, Os, 1885
3d. Os, 1887
j 102
Bell’s Gap—1st, 7s, 1893.
1 st, Oh, 1905
j
Consol., bs, 1913
Buff. N.Y.it Phil.—1st,Os;
2d, 7s, 1908
!
......|
...
Del.—lst,0s,1902|
.j
m
m
......
......
Pi ttsli.it Con'ells.—7sJit J
j Union
UR.—1 st, gua.JAJ
Canton endorsed
j Virginia ct Tenn.—5s
103
81
107*
9H34
98
O'.)
27
91
53
2o
101
119
10 L
....
-
112
......
120
122
114
103 81
123
......
j VV. Aid.—6s, 1st, g., J. it J. 1*07 4
2d, guar., J. it J
| 2d, guar, by \Y’.Co..J .&J.
117
......
......
2ds
1
...
Lehigh Navigation
j
i
Pennsylvania
Schuylkill Nav.. pref...
raTlroad Ronds, i
Allegh. Val—7 3-10s, ’90
join. Wash, it Balt,—Ists.
jI
4
121
.50
.50
Parkersburg Br..
Northern Central
North Pennsylvania
104
•-
RAILR’D STOCKS. Par
Atlanta it Charlotte—..
*1*0*6
100
Baltimore & Ohio
59 8a
49.
70
..
iPenusvlv.—6s, cp., 1910..
$ 40
Preferred.:
Little Schuylkill
Minohill it Sch. Haven...
N e s q u e h o n i n g V a 11 ey....
Norfolk it Wes t’n—Com.
Os, 9d, guar,. J. it
...
!
Ex-dividend.
*72*4
[Snub, liaz, it
; 2d, Os, 1938
----
Preferred
105 8a
**♦■**-
22
iShamokinV. it Potts.—7s
iSlien. Val.— 1st. 7s, 1909
i Gen’l Os, 1921
Income, Os, 1923
income, 5s, 1914
V7T*'**”
Lehigh Valley
135
1 ! 0
197 8.
-
§
Scrip, 1882.
C011 v.. 7s. R. (’., 1893..t
1
Conv. 7s, cp.off, J an.,’85
'Pliil.W'il.it Balt.—4s,tr.ct
Pitts.Cin.& St. L.—7s, reg
iPitts. Titus, it B.—7s,cp.
Hnntingd’u & Broad Top
1208a
1933
’85-88
143
Phila. Get*, it
-
§
Cons. 5s, 2d ser.,e.>
Couv. Adj. Scrip,
Northern of N. JlampshI'b
Norwich it W01 coster..., ---Old Colony
|
Portland Saco it Poxtsiu. 2 --Rutland— Preferred
! ]7
Summit Branch
! 2id
Vermont it Mass
!
Phila. Newtown <t
-
I
!
90
it Nashua
1920
i 02 k for
1920
.’
& N.Y.—Is’
1*17*"
R.—1st,6s, 1910.. 115* 115
Cons., 6s,
Cons., 5s,
§18
Central
99
110
itErie—2d.7s,ep.,’88
Phila. Newt.
*^2
Elmira it Williamsport..
Preferred
! 05
220
110
105
112
105
152
112
142
120
C.—7s, 1896.
N. Y.
7,1906
Perkiomen—1 st, 6s,cp.’8 <
....
Clove.;
1st preferred
2d preferred
Delaware it Bound
258a
110 8a
170 8a
90
Creek—1st, Gs, coup
Pemisylv.—Gen., 6s,‘reg.
Preferred
Catawissa
93
102
84 8j
gld.,7*
I<eh.V.—lst,6s,C.itR.,’98 §122
1218a'.
2d, 7s, reg., 1910
123 I.
Cons. 6s, C.& R., 1923..
50 i.
N. O. Pac.—1st, 6s, 1920
102
!.
No. Penn.—1st, 6s, cp.,'85
§12 4 is!.
2d, 7s, cp. 1896
123
.
East
1128a
1890
Ithacait Atli.—1st,
....
B. & Lynn
Sandusky it
1895
Cons. 5s,
Bell’s Gap
Buffalo N.Y. & Phil
Preferred
Camden & Atlantic
V J u lyT
7
2
Ilanisb’g—1st, 6s, 1883..
;H &B.T —1st.7s, g.,
PHILADELPHIA.
3
I
1002
2
Sept. 1,*84
2 8a May 1.’84
5
IMay 1,.’84
June 2,'84
3
3,()0() 1,000,(100 A. it O.
98A,
RAILROAD STOCKS, t
Allegheny Valley
Ashtabula it Pittsburg..
Preferred
•
equitable
90
!.
5s, perpetual
;
Oil
Wisconsin Central
Preferred
2>u;OcM0,’84
700,000; M. AN.
108
-
112
(El ifeWTnsp’t-l st.Os, 1910
,
<t Albany
<t Lowell
& Maine
it Providence
Worcester
[May 1 ,’84 130
! July 3, *84 I 02
38a S’g‘F„ TO; 107
■
1
....:
Concord
j
Connecticut River
Conn, it Passumpsic
Connottou Valley
I
*2 108
Det. Lansing & No., pref.
40
38 8a
Eastern, Mass
110
Fitchburg
Flint <t Pere Marquette.
Preferred
;
Fort Scott it Gulf
1
Preferred
Iowa Falls it Sioux City.
38
100 4,000,000 M.AN.
People’a (Bklyn.)
10 1,000,000!J. it .1.
Bonds
! 1,000 i 400,000, M.itN. 382 May 1,’84
Bonds
Var’s 1 130,000;J. it J. 3 ,Oct. 1, ’84
1
50 1,000,01)0' Quar. 2 8a Oct. 20’84
Williamsburg
1000
'108
Bonds
i 1,000 i 1,000,000 A. *t O. 3 I
3
July 1,'811 03
Metropolitan (Bklyn.) ...j
100 i 1,000,000!
Oct.
3,
’841220
Var’s 5
Municipal
1 100 ,3.000,000
1
100
1888
750,000! M.ifcN. 3 8a
Bonds
1 1,000
Oct. 15,’84 152
Fulton Municipal
I 100 3,000,000,..
107
1000
i 300.000 J. & J. 0
Bond s
|
New York
Br—1st, 7s 1108a1.
105
| East Penn.—1 st, 7s, 1888 105 V|.
EastoiiitAmb’y—5s, 1920
Gen., 7s, 1903
Debenture 6s, reg
Norfolk it West.—Gen.,6s
N. R. Div., 1st, 6s. 1932
Oil City it Chic.—1st, 6s..
...
175
108
i55
■
Os,
Delaware-Os, rg.it cp ,V.
-........
Revere
118
|.
lir?8a
it coup.
Cor.Cowanit
Cambridge
1
Cheshire, preferred
Chic. <fe West Michigan..;5- -----
5
3
3 000 '1,500.000! AI.&X.
25 1.000,000 Var’s
New 7s, reg.
STOCKS.
Atchison & Topeka
Atlantic it Pacilic
3 I Aug. 1.81 130
7 8a .1 uly 1, ’841
5
iOct. 3,’84
5
Ucf.14,’84
1
3
1002
A.
100 ,3,500,000; Quar.
I
i
Ark. Val.—7s..
Rutlaud—6s, 1st
Sonora—7 s
Wall Street.]
*
Co.—Os,’97.
jCatawissa—1st, 7s, con, c.
Chat. M., 10s, 1888
Colony—’7s
6s
Pueblo &
Stocks and Bonds.
Date.
Cons., 0 p. c
ICam. A Burl.
I ncoine
CO
II
it Co., Brokers, 49
!
99
100
114 8a 115821
80
.
Par.
1 3,000
08 V
89 j
Metr’iJohian
Mexican (’moral ...
Nashua it Lowell..
N. Y. it New England ...!
Amount. Period
!
i
i
Brooklyn Gas-Light
i
25 2,000.000 Vur’s
Var’s
Cltiecns’ Gaa-L. (Bklyn).
20 ■3.200,000
!
250,000 A. &•().
Bonds
j 1,000
F.
2,000,000
ifc A
50
Harlem
i
Jersey City <fc Hoboken..!
20 I 750,000 .L it .1.
Manhattan
i ’ 50 4,000,000 Var’s
J
Metropolitan
100 2,500,000 F. & A.
Bonds
Mutual (N. Y.)
Bouds
Nassau (Bklyn.)
,
& So. Pac.—7s
Ogdenslj.it L.Ch.— Con.6s a
Maine
(Gas Quotations by geo. H. Prentiss
i
317h
7 rv
Manchester it Lawrence.
Mai q. Hought’n it Onton
Preferred
City Kail road
GAS COMPANIES,
J
England—6s..;
1
IDel it Bound
So,—Os.. 1168a'
B.—7s
1st!
Mem.—6s
115
j 2d, 6s. 1904
j
j
of*
3
1098a
0s,cp., 1900-04
1038i'connect’g
81
Ant.,deb.
111 y
110
j
Mass.—6s, new..;
Fort Scott it Gulf—7s
K. City Lawr. it
K. City St, J o. & C.
Little It. & Ft. S.—7s,
K. City Sp'd it
Mexican Central—7s
Income
.
Gas uud
Maine—7s
Albany—7s
Nebraska, Os. Exempt
Nebraska, Os.Non-ex’pt ?10234
80
Nebraska, 4s
Conn, it Passumpsic—7s.;
Connottou Valley—Os
j
125
210
SO
110
77
110
60
112
65
105
110
150
90
160
85
125
110
120
200
17
§
!
150
180
170
150
120
125
HO
230
250
80
100
108
85
70
112
220
135
115
290
65
110
130
132
55
120
| 1st 'IT 6^ 1922
j Buff.Pi11s.it W. —Gen.,6s
iCam. it Ambov—Gs, c.,’89
j Mort., Os, 1889
Cam. it A11.—1st,7s,g.,’93
! 77
...
Buff. N. Y. it P.-(Cont:)Cons. Os, 1921.:...
i
>
Os
j
Boston & Lowell—7s.6s
---]
Boston A. Providence—7s, -----IF
110
Burl. <t Mo.—Ld. gr., 7s. 1
1
0
1 10
103
100
15
50
100
50
100
30
20
40
50
25
100
25
Mercantile
Merchants’
Montauk (Bklyn.)..
150
Pacilic—6s
120
118 82
117
7s.
Ask
Bid.
SECURITIES.
j Ask.1
.1
!
BOSTON,
Atcli. & Topeka—1st,
Band grant, 7s
PRICE.
PRICE.
Bid.
SECURITIES.
Bailey, 7 Pine St.]
[Prices by E. S.
Boston, Philadelphia and Baltimore.
(Quotations In
Local Securities.
New York
[VOL. XXXIX-
CHRONICLE,
THE
458
(Per shire.
*:::::
J
Wiliu.C it A ig.—Os......
Wii.it Woidnii—(4nld.7s
4 In default.
109
§ Last price this
12*6*"
w^ek.
»'
to
1
October 25, 1884 ]
THE CHRONICLE.
eaumnus.
New York City Banks.—The
following statement shows the
condition of the Associated Banks of New York Oitv for
the
week ending at the commencement of business Oct.
IS:
The Latest railroad earnings and the totals from Jan. 1 to
latest date are given below.
The statement includes the gross
earnings of all railroads from which returns can be obtained.
The columns under the heading
“January 1 to latest date” fur¬
nish the gross earnings from January 1 to, and
Average Amount of—
Banks.
Loans and
Discounts.
including,
the period mentioned in the second column.
$
Latest
Earnings Reported.
Roads.
Weetc or M
1884.
1883.
$
Atcli. T.& S.Fe
Boat. H. T. & \\
.
;
Chesa
Eliz.Le:
1884.
$
$
95.269
September
96.38G
775.083
August
1,391,319 1,452,90b 10,339.773
1st wk Oct.
10,617
6,411
3(8,812
st wk Oct.
58,648
59,321 2,011.311
2d wk Oct.
146,000
128,000 4,321,816
2d wk Oct.
39,597
30,176 1.1O4.403
September 2,268.000 i2,426,348 16.653.503
1st wk Oct
61,172
83,382 2,748.777
1st wk Oct.
15.731
15,654
572.950
2 wks Oct.
56,810
61,76
1,015,787
2d wk Oct.
231,233 232,489 0,793,531
2,447,495 2,495,124 15,798.7 15
August
2d wu Oct.
33,633
34,1 12
1.202.313
3d wk O. t
562,000
582,416 18,075,oOO
Chica
Cldc
url. &
Chic. & East.
a§
Chic. & W.
2d wk Oct.
535.900
.]2d wk Oct.
141,200
26,613
51,065
.jSeptember
.'2d wk Oct.
237,598
2 3 9,7s 7
Clev.Akroiufe'
|2d
wk Oct.
Clev.Col.C.ifc I
Auiiiiftt....
Connottoii Val.. I August....
De» Mo. A, F
,2u wk Oct.
30,747
41.051
9.842
328,860
11,215
4 46.797
34,933
40,498
8,681
2d wk Oct.
,2d wk Oct.
27,208
24,36"
August....
9,641
36,585
30.335
415.1 87
428.34 2
369,311
Eastern
E.Teun.Va.&Ga ! September
Evansv. AT. II 1st wk Oct.
•
Flint <fc P.
Flor.R’wa
Ft, Worth
2d wk Oct.
it N, 1st wk Oct.
Marq
X
Sept cm
K.C.
September
Lom
La.
August....
August
Island.
|3u wk Sept
June
i
Milwaukee it No
d wk Oct.
3d wk Oct.
August....
Mobile & Ohio
September
September
September
..
1,894,567
1,89.1,939
1.367.0 1
392.122
2,431,801
..
552.50"
42,441
55,998
20.834
1,818,054
21,0 9
72 i,989
42,3-9
43,309
72,309
42.S30
22.176
21,7 72
146,0 )0
37.137
24,704
68,727
1,049!
12, 90
1,0 >0
153.009
223,292
2.8,908
1.253,452
194,486
1.428.4f,(j
293,246
7,089.872
49,974
1,280,73.9
63,9,57
40.815
1,9l».**.023
1,792,407
852;6*)4
8,250.712
1,550.940
2,14‘,221
•
19.533
695.633
148,374
37,927
306,902
201,058
2.132,887
25.238
67,012
51.00c
49,300
6
355.212
31-1,559
328.870 10,4 54 942
26,159
739,6 9
9o3,064
50,932
153,748
2,0 <2.570
380,499
557,630
21 ',961
401,3 49
5 8 1,544
1,156.710
1,403,063
1,761.43 2
268,006
11,560
1,595
2
2
210,586
27,434,
300,791:
123.291
185.902
197.799
11,164
N.Y. & New End August....
391,820 2,16-'.510
N. Y.L. Erie it W. <y August....
1,534,427 2.068.464 10,0*63.673
N. Y. Pa. it o'. August
480,569;
..
N.Y.Susq.&West S-pt* mber
95,417!
206,4 42;
.
139,219;
38,100
Shenandoah V 16 dys Oct.
Northern Centr'l Sep(enib(-r
Northern Pacitic 3d wk Oct.
Ohio Ceiitial.... 3d wk 0>-t
Ohio it Miss
3d wk Sept
Ohio Southern
September
Oregon it Cal... August....
Oregon Imp. Co. August....
476,811'
338.313!
19,167 |
106,29 4
46.3-41
80,280
27 *.376
Pennsylvania... August
4,017,894
Peoria Dec it Ev. 2d wk Oct.
13,279
Phila. & Erie
August.
30 7,90
Phila.it itead’g/; Au-ust.... 3, 0.015
Do
C. iV iron August
1,948.741
B cuui’d JcDanv. September
o3 ,3 s /
Ch.Col.<t Aug.|.-epT(‘fi her
0 4,276;
Columl )iaitGr.! September
51.130!
...
,
..
t
Va. Midland.
West. No. Car.
.
.'September
[September
Roch. <fe Pittsb’g 2d wk Oct.
Rome Wat.it Og.' August
8t.L.A1 toiutT. 11.j2d wk Oct.
Do
(brclis.);2d wk Oct.
Bt.L. Ft. S. it W.'2d wk Oct.
8t.L it San Fran. 3d wk Oct.
Bt.Paulit Dul’tlij d wk Oct.
Bt.P.Min.it Man. September
Boutli Carolina
August....
Bo.Pac.Cal .N D.Llul'y
.
Do
Do
Do
So.
Div./.'July
:
170,268,
45,69826.17*1
176,553
30,903!
18,040
12,439
110.200
3L553
738,500
64,719
152,608
206,546
141,59«
41.091
75,592
501.045
1,90S. 308
670,126
268.531
228,909
1,133,99 4
039*412
312*38 2
234,588
2.09 4.338
301.442
10.740.205
740,115
806.876
1,403,528
Wab. St. L. it P. 3d wk Oct
West Jersey
I August
I
Wisconsin Cent’l
2d wk
Oct.1
308 070
1.030 570
1,440.096
1,711,915
Continental.
Oriental
Importers’ifc Trad.
Pa- k
1884.
Oct. 4
“
3.140,2^1
4,395,350
749,01)6
807,563
3,214,224
2
3<
570,761
11
457,614
1,073.206
1,023,252
1.049.653
1.139.4 43
575,149,
636 47
377,608;
189.601
2.9)9.226
+
5,502,45o; 5,932,725
<1,68 5
701.313
794.163
760,WS"
692,301
2,056.763
2.4 30,640
1,470,095
45,370
34,770)
40R0001
19.3*9
131,2101
381,475;
215,986
30,907
717J
929,401
1,095,662
1,652,7()0
457,000
260,000
408,200
138,200
378.000
3.0-7,200
2,305.100
2,239,400
450,300
440,7 00
02,000
2,783.800
1,738,5.10
03,000
552.600
87,400
2.532.000
550,000
4,803,500
3,720.600
1,744,0)0
1,505.700
611,800
104,000
6,387,400
4,762.000
28,000
70,000
4,786,100
1,216,000
302.009
474.400
4,387, (00
1.035,800
37 i, 10 ()
208,000
107.800
4,TSO.uO-i
1,192,801)
1,831,000
1,829.800
2,512,5001
3,28.5,300
4,098,000
45.000
45,000
720,400
10,167,700
517,000
152.600
217,000
5.11-0,500
449,900
761,000
14*,7..0
1,70 4,000
103,000
380,000
1,705,300
2,0-0,1;)0
1,514,800
287,000
1,259,200
240,200
140,100
103,400
225,400
105,500
1,086,300
120,luO
2,229,000
1,238.700
1,800,500
2,375,400
2,474,100
3,85-,200
2,608,000
2,153,000
2,344,000
3,284,000
2, • 67,400
886,300
1,14 >,109
510,500
83,400
2,337,000
673,000
66,000
350*300
\
245,000
634,000
20 i,000
026,200
*-*
771,600 ! 10.658,090
1,100
357.60C
2,289,000
249,200
501,000 15,230,300
218,100
2,106,*00
7i)i*,20O
1.408,200
146,800
087,100 ! 17,857, 00
306,500
2,233,300
292,500
1,015,700
3,281,300
616,00013 (,700 !
1,500,300
218,800
107.000
867,000
213,2001
2*60'
018,000
303,400 1
2,179,100
512,4
131,700 |
1,165,000
15,300
542,400
3.576, i 00
1,748,000 | 11,102,000
1.729,000 i 15,12 1,-00
889,900340,200 !
3,857,700
893,800
501,600
6,560,800
686,30 5
185,500
2,279,600
1,044,300
393*400
4,242,300
674,700
3,766,890
45,000
1,774.,00
183,800
5,400
338,500
3,328,200
783,400
9,593,700
526,500
407.300
2,: 47,0()i)
346,400
21 1,000
1,200,000
45,000381,100
2,028.300
265,7002,510,500
304,000
152,80;)
2,4 1...200
442*500
400,500
1,626,000
383,000
2,756,000
446*000
270,000
4,0..2,400
727,400
5,3 Is, 300
62*1*00
1,715,209
360,000
1,305,*00 21.76 1,300] 1,320,100
1,8 lQ.500 21,033.100|
45,000
106,000
1,752,000
137,000
821,100
223*800
1,’. 20,200 11,814.000!
360,000
8,106,000
1,557.000
297,000
501,000
0 44,300
Loans.
Specie.
L. Tenders,
$
$
$
180,000
225,000-
180,000
45,000
446,700
44,000
176,400
131,500
o =1
**
1884.
Oct. 6
j
Deposits.
!
$
Circulation Ayg.
$
Clear'g*
$
290,505,200 76,267,000 30,767,000 308,398,000 13,632,500 5 5 4,6 62,(598
209,643,009 77,902,200 32.728,1001314,008,< 00 12.893.800 406,582.476
201,70s, 400 77,344,800 33,0 46,-00; 31 i,00 t.OOU 12.761.800 51-,575,214
Banks.—Following are the totals of the Boston banks:
Loans.
Specie.
L. Tenders.
$
$
$
140,408,300
7,117,400
6,927,300
6,731,100
13
140, 05,900
20 UO,740,600
Deposits."
Circulation A gg.
$
S
90,399,0001 23,750,200
4,026,200
4,684,400
4,581,10b
00,84(,200i 21,020,70(
91,597,600 -3,800,50<
Clear’®®
$
61,427,808
64,368,316
65,306,635
Philadelphia Banks.—The totals of the Philadelphia banka
are as
follows:
1884.
958.708! 1,007.874
130,645'
6,018,200
1
450,000
>9,028
4-8.744'
515.9 22
1,181,174 1,24 4.530
321,145!
208,115
777,8< k4|
85.854;
1,066,000
2,002,000
4,673.100
3,402.300
1,4*0,700
3,00 >,500
7,860,000
2,701*.000
2,489,0.10
$
0.043,000
8,726.000
8,366.100
8,333,000
7.627.822
2,591,126
4,775,380 31, <4-622- 33,2 >8 909
59 6831!
14,186
558,357
313,-91, 2, 09,441! 2, >5 .,162
3,538.03;>;1G, t 70.9*3 17,1*2.987
l.SOu.lO.ViO, 430,34 4 10,477.659
302,292 2,70 >,5o9: 2,716.9 74
3.701,472!
6.162.000
604,600
tion.
’
212,700
520,100
2,954.700
14,373.000
16,138.300
5,232.500
$
43 1,000
201,708,400 77,344,800 33,016,200’
Boston
“
8,09 J
78,200
30,29-4
*1
18
“
664,670
30.S38
16,167
113,000
01,000
430,200
14,930,700,
County
Total
241.100
8,0.000
856.500
3.10'.700
1.: 55,000
1,590,000
G rinan-Americ’n.
Chaso National...
Fifth Avenue
German Exeli’ngo.
Germania
United States
Lincoln
Garfield
Fittli National....
4.552,13-
897,*-4
Y.
261.000
006,000
6,080,’; 00
2.1->.100
400,100
1,077,000
12.815.600
6.88-8,000
2,06 4,000
4,246,500
Bowery
N.
1,477,000
844.000!
8,011.900
17,109.000
16,053,100
...
“
171,400
.
North River
East River
Fourth National..
Central National..
Second National..
Ninth National...
First National
Third National
N. V. Nat. Exch..
2.113,263
in Missouri, Arkansas and Texas.
...
59 *.l 17
4.085 003
511,1241
.....
Slice ife Leather..
Corn Exchange
2,084.953
71.411
6 J.849
185,205
46,241
17,026
..
Citizens’
Nassau
Market
St. Nicholas
45.536
515,7-7
319.70 * 10,248,370
23.820
88*,000
133,233 2,941,0 *3
38.637
330,343
81,0 >7
300,706 2,2 i 5.072
...
Metropolitan
2,377,295
336,753
70,405
8*71 *992
1, 91,67^
-
Embracing lines
..
6;»,190
d Corpus Cliristi to
Saltillo, 397 miles; up to May embraced only
236 miles, Laredo to
Saltillo.
e Only
136 miles now, but prior
to
May represented 297 miles.
g Not including earnings of New York
Penn. & Ohio road.
h Not including Central New
Jersey in either
prior to June 1.
i Included in Central Pacific
1
Chatham
Peoples’.
North America
Hanover
Irving
136,372
332
27,!?9:.'|
lie public
3,603,367
41,062|
223,367)
Broadway
Mercantile
Pacific
753,* 6»
90,685
175,496
7-0.190
*
1,810,7oC
2,147,0()f
229.000
4,650,800
1.644,700
State of N. Y...
Americ’n Exch’ge.
Commerce
837,468
...
Vicksb.Sh.it Pac. JSei>: ember
Leather ManufTs.
Seventii Ward....
1,852,00(1
2,787,’-00
15,106.000
2,868,100
Merchants’ Exch.
Gallatin National..
Butchers’A Drov..
Mecliauics’ & Tr...
Greenwich
$
1,255,000
2,610,000
Circula¬
The following are totals for several weeks past:
Arizona.i.[July
192,510
1,0S6,63 1
N. Mex.i.j July
66,554
466.7 S3
384,.->3 1
Texas it N. On’s.‘August
119.310
541,599!
723,3*1
Louisiana W’n.jAugust
37,07-l!
55,783
285.108
350,495
Tex.it St. Louis./ > sf wk Oct.
28,999!
680,814
31,0771
Tol. A. A. it N.M September
23,85 ]
18,923
168.755
1*41*, 772
Union Pacitic...| august...-.-2,430,155 2,477.402
15,->71 292 17,93-,loo
Utah Central.
..[September i ■ ‘.-'8,592! 104,768;
857.87
2
756,212
756,212|
857.872
Vicksb’rgit Mer. September
Fuiton
Chemical
.
841,077
405,446 13,218.-39 14,772.651
10,382
251,617
300.2 20
20,932
250,900
158,58 5
N. Y.Ont. it W
Allgllt
Norfolk it West. ltldysO 9.
1.866.750
1, >08.669
422.98 2
2,813, ;6J
14.115
2f 0,013!
11.578
13 503 j
2.42 4-
Sept
Sept
55.557
1,244,718
1,955,772
15.504
September
3d wk
3d wk
1,193,915
2,400,736
2,904,072
291,655
15,362!
wkSept
34,655
2,359.865
2,824.353
2d wk Oct.
2d wk Ocr.
2 wks Sept
3d
18.279 202
394.434
7,203
3 87.745
-
15,725,032
1,234,4 48
1,237,122
33.0 ><'
2d wk Oct.
2d wk <)ct.
3d wk Sept
1 st wk <).-t
1st wk Oct.
1st wk Oct.
976,938
6,816,476
1,000,725
685,3 5<
377,950
September
548.558
253*64 {
er
September
18.275,232
2,962,669
,271.3.30
Wk o*t. 11
!2(1 wk < )( t.
Ill. Cent.
Do
2.029.046
4.103.612
970.990
Tradesmen’s
otiier
than U. S.
Tenders.
oa 7 San
10,8^0,100
2,721,000
7,067,*00
3,109.600
1,168,100
City
10,147.610
592.300 18.031.18 19.301,073
140.800 4,425.177 4,101,66 3
.I2d wk Oct.
.l2d wk Oct.
America
Phenix
741.433
255.247
7,878,006
7,::o8.80C
8,289,000
....
4 oyi U()()
~
*
8,769,00C
Manhattan Co
Merchants’
Mechanics’
1883.
.
.
New York
Jan. 1 to L
Net I)e^>osits
Legal
Specie.
earning3 above.
Oct.
“
“
*
6
13
20
Loans
Lawful Money.
Deposits.*
$
$
$
$
73,611,519
21.276,877
73,9 4 *.4 48
67,833,106
20.0 i 5,781
8,050,808
49.889,729
74,468,104
8,951,006
8,034,475
4 6,2->*.109
20,725,702
68,046,037
68,876.316
Including the item “duo
Unlisted
week past:
Am.Safe
Bid.
Ask.
Ob4
14
70
<
Bank.ikMerch.Tel.—lsT M
Gen. mort
j
Bost. II. ife E.—New stock;
uld
'
Bost. H.T.ifc West.—St’ck
Debentures
Buff. N. Y. A Plnla
'
Trust bonds, 6s
!
.....
6:b
::r:
09
7*4
h
A
-*
34
:V>
_
_
....
50
1st mort
Postal Telegraph—Stock.
3*5
Postal Tel.itCable-Stock
.Southern Tel.—Stock
! 1st mott
State of Tenn.—3ei.’m't.3s
St. Josepli it Western
j St. Jo. it Pac., 1st mort..
22
6 \
1
Kans. it Neb., 1st mort.
1
2d mort
Texas it Pac.—Scrip 1-84.
Q,
•
O i
^
37a
29-4
J
S2Y
*4*6"
30
30
St.L.,M.«tA.div.,asp
M.&A. Div., 1st mort..
M.itA.Div.,incomes,as 1»
20
| 6s, 1st mort., in Texas..
G«-n. 1st,hi.gr.it im-.as p.
{ | Tex.it
C: 1. 1
mp.—Ex-bd..
;U. S. Electric i.igbt
-Vic-sburg it Meridian..
<•
Pref
*39*'
•
I
50^4
15 *a
100
40
scnp
Tex.
'
'
48
jI Old
scrip
New
13
82
10
a
Pitisbnrgife Western
lstmoit., 6s
7
50
1^2
Continental Const. I mp.Co
11
Denv.it Bio Grande—Cons 30
5s
Denv.it Rio Or. W
3
I
Den. R. G.
W., l.-t M.,
Guar, by D. it R. G
i
3034
Edison Electric Bight
! 40
Geoigia Pac.—.-stock
!.
1 st mort., 6s
I
2d mort
| 7
Ketdy Motor
'
Mexican National.—Pret.1
4
1st mort
[ 18\
Mut.Un.—St’ck trust ctfs
n
Mahoning Coal & RR
I 14
Mich, it ()., sub full paid.I
Mo. Politic—Old stock
1. -■
M. K.itT.—Income scrip ..j 3 4 * ’
N. Y. M. Un. Tei.—Stock.
48
N. Y. W. Sli. & B.—Slock
3 •->
.
I
45
Chicago it Can. So—St’ck
latest quotations for
North. Pac.—Div. bonds..
North ltiv. Cons.—1U0 p.c
Newb. Bu tchitUonn., ptef
Ohio Cent.—Riv. Div., 1st
Incomes
Pensacola & Atl.—
1st mort
78
17
80
,
Incomes
Out. Div., 1st, old
are
Securities.
Dep.per.dob.bds
Atcli. Col. & Pacific.:
1
Atlantic A
i’ac.—Stock....)
West. Div 1st mort
'
49,107,638
to other banks.”
Securities.—Following
Securities.
Circulation. Ajg. Clear 'g*
I
ilA UjKOAII
459 5
I
!
1st inert
2d mori
I
Incom.s
!
!
[VOL. XXXIX.
THE CHRONICLE.
460
ROAD AND
purest meats
IiXTELLIGEXC IE.
RAILROAD
The Investors’ Supplement contains a complete exhibit of the
Funded Debt ofStates and Cities and ofthe Stocks and Bonds
of Railroads and other Companies. It is published on the
last Saturday of every other month—viz., February, April,
June, August^ October and December, and is furnished with¬
out extra charge to all regular subscribers of the Chronicle.
Extra copies are sold to subscribers of the Chornicle at 50
cents each. and to others than subscribers at $1 per copy.
ANNUAL
REPORTS.
1*31-92.
337
TOO
*
Miles of railr’d owned
Miles of railr’d leased
AND
EQUIPMENT.
1980-81.
250
....
462
150
612
487
250
Total
1883-34.
1882-33.
EARNINGS AND EXPENSES
1882-83
1833-84.
Freight
Mail, express, Ac...
$
755,739
2,781,350
193,156
$
1,034,563
3,0/5,175
1S9,237
$
1,3 20,035
3,409,179
372,299
$
1,533,307
3,406,713
Total gross earn..
3,730.245
1381-82.
1S80-S1.
Famines—
Passenger
424,886
5,364,906
2,003,394
4,947,980
2,612,541
5.100,512
Operating expenses.
2,706,166
2,971,456
earnings
1,666,861
2,335,139
2,394,046
2,393,450
1881-82.
$
1882-33.
1833-84.
2,335,433
180,725
2,394.046
95,167
'
2,393,450
1,908,360
2,516.161
2,489,213
2,694,394
Disbursements—
Rentals paid
Interest on debt
Dividends
Rate of dividend
Mis. and sink, fund..
112,760
145,429
354,180
399,735
638,010
444,743
444,270
1,296,000
1,584,000
410,160'
1,800,000
(8)
(8)
67,173
13,600
79,230
79,855
Total disb’ments..
Balance, surplus.. ..
1,104,906
803,15 1
1.867,103
2,252,929
6 49,061
'226,294
2,674,195
120,699
Net
INCOME ACCOUNT.
Oregon Railway & Navigation Company.
{For the year ending June 30, 1884.)
The President, Mr. Elijah Smith, remarks in his report, that
while the freight earnings show a slight decrease compared
with the preceding year, due to the reduction of the rate on
construction material to one cent per mile since the first of
“
January, previously charged at highest tariff rates, the actual
commercial earnings on transportation of other than com¬
pany’s freight show an increase
of $443,128.
OCEAN DIVISION.
The earnings of this
The expenses were
division this year were
Net earnings
—a
decrease from last jrear of
$121,718.
>
$784,328
496,033
$288,295
this division is due to
the Northern Pacific Railroad, which has
business between Oregon and Washington
Territory and the East, leaving to this division only the local
business between San Francisco and that region.
This result
was expected, and the loss to the Ocean Division is compen¬
sated by the gain to the railroad division which participates
“
The
falling off in the earnings of
the completion of
taken the through
in the through traffic.”
“
The mileage of railroad
* in operation at the close of the
preceding fiscal year was as follows :
Portland to Hi pari a
Boll s Junction to Dayton
Walla-Walla to Blue Mom.tain
Umatilla to Mikecha
Total..
301 miles.
13
“
19‘9 “
65*5 “
S9P4 “
“The only increase in the mileage operated during the year
was the extension of the Baker City Branch to Meacham, 27*9
miles beyond Mikecha, making a total of 427'3
“
The track on the Baker City Division had reached a point
miles.” * * *
1880-81.
$
1,606,801
241,499
Receipts—
Net earnings
Other receipts
Total income.
...
$
$
301,444
(7^2)
(9)
the year makes surplus
*
Ad ling bonds retired bv sinking fund during
$6 LO JO larger than here given, t Deducting $91,003 for depreciation
of steamers leaves a deficit for the year of $70,301.
CLOSE OF EACH FISCAL YEA!
1882-83.
1831-82.
1880-81.
GENERAL K A LANCE AT
Assets —
Constr t’n and
Real estate
equip.
Pow.R.& Pal. lands.
Stocks owned, cost...
Bonds owned, cost..
Loans and discounts.
Bills receivable
Materials, fuel, Are...
Cash on hand.
Ins’nee A r.newal f’d
Sinking fund
1..
B-dauecsof accounts
Miscellaneous
-
28,163,728
416,637
190,121
445,710
1,103
445.710
445,710
200,000
200.000
10,-04
17.100
52,69 l
179.550
107,142
372,735
693.210
958,112
97,917
12,092
949,406
143.925
151,816
14.978
1,830,909
1,127,126
2 1 •A,s<
1,401,690
.
1
,*295,1 40
110.273
305,071
-
-
•
•
•
.
.
•-? JiST •)Or7
.
242,490
(L“>
17,976
989
2.396,457
1,124,359
21,658
s
26,284.492
(
32,60 = ,251
$
39,847,193
900.(»< ><>
1,200.000
],200,000
$
24,000,000
1,200.000
5.911.000
5.851,000
5,783,000
10,719,000
12,000,000
scrip certificates
Bon Is (see Supp’m’t)
31,050,722
518,782
$
*
Liabilities—
Stock, common.
s*r
$
23.166.451
20.285,852
Total asset"
1883-84.
$
$
15,984,210
201,077
10,200,000
21,800,*293
275.070
Accrued interest
373,198
359,959
301,650
Dividends
seventy-eight miles east of Umatilla at the close of the pre¬ Book & susp’nd ace’s
ceding year, though but sixty-five and one-hrif miles were in Bonds canceled
451,127
397,287
191.414
7.504
Bills payable
208,932
operation.” * * * “It is expected to reach Baker City by the Ins’nee
173.303
77.034
A- renewal f’d
657,160
863,893
middle of August, and to connect with the Oregon Short Line Vouchers & pay-rolls
843.299
754.430
47,738
26,000
20,000
26,885
at Huntington during October.
This connection will give us Miscellaneous.
2,263,35b
1,400,292:
008.353
1,309,440
Profit
and
loss.....
a new through line
between the East and the Pacific, which
will add largely to the Lusiness of our railroad and to the
20.235,852 26,284-, 192 32,003,251 39,847.193
Total liabilities..
value of the company's property.” * * *
Pullman Palace Car Co.
“When the construction now under way is completed, the
{For the year ending July 31, 1884.)
mileage of the railroad division will be as follows : Portland
to Riparia, 301 miles; Bolles Junction to Dayton, 13 miles;
At the annual meeting in Chicago on Thursday, October 10T
Walla-Walla to Blue Mountain, 19 9 miles : Pendleton to Cen- President Pullman stated that during the fiscal year ending
treville, 16*8 miles; Palouse Junction to Colfax. 89 miles ; July 31, 1884, new contracts for the usual term of fifteen years
Umatilla to Huntington, 217 miles. Total 656*7 mile3.
h&d been made with eight prominent railway companies, in¬
“The question of the validity of the lease of this road is
cluding the Illinois Central, Delaware Lackawanna & Western
being tested in the courts, and this company ic assured by and Mexican Central. Renewals of contracts have been made
good counsel that it will be declared void.” [The decision in with the Union Pacific and Intercolonial Railways, covering,
the first court has since been given against the O. R. & N. Co.,
altogether, a mileage of 10,849 miles. The total number of
and the case appealed.]
cars operated at present date is 1,148:
FINANCIAL.
“The results of the manufacturing department of the com¬
“To provide for the payment of the scrip certificates and
pany" are reasonably satisfactory. The total output of cars
for the company’s other requirements, and also to provide for manufactured and repaired during the fiscal year is $6,537,726,
the company's first mortgage bonds at maturity, or for such of which $3,393,481 is for sleeping and parlor cars built and
as the holders might be willing to exchange before that time,
repaired for account of this company", leaving $3,144,244 as
the issue of fourteen million dollars of consolidated mortgage outside business. The total profit from, th? car shops is $303,132.
bonds, bearing interest at five j>er cent, was proposed in The net income from the town of Pullman, exclusive of its car
Janury last, and their sale negotiated on favorable terms. shops, is $207,025. The growth and general condition, as well
The plan was found impracticable under the Oregon law as the financial results of the town of Pullman, are quite satis¬
relating to mortgages, and was abandoned. The company factory. The number of inhabitants has increased during the
issued six million dollars of debentures, bearing seven per 3*ear from 6,685
on July" 31, 1883, to 8,329 on July 31,1884. The
cent interest, payable in gold, dated April 1, 1884, and having Pullman
building was commenced April 1, 1883, and will prob¬
three years to run.
Five millions of these have been sold, and ably" be completed in February, 1885. The estimated cost of
the proceeds applied to the payment of the floating debt, the the building when finished is $650,000.
Since the last annual
purchase of the Columbia & Palouse Railroad, and the con¬ meeting, the number of stockholders has increased from 1,767
struction of the Baker City Branch.
The remainder will be to 2,531.”
disposed of to meet the payments for construction in progress,
The annual reports of the company are merely statistical,
and will be sufficient to complete the work.
and contain no remarks in regard to the operations or condi¬
This company has a claim against H. Villard of about $420,- tion of the
company.
The income account and balance sheet
000, to secure which it holds a lien on his property on Madison for the past three years have been compiled for the Chronicle
Avenue, New York, which it is expected will, when sold, as follows ;
bring enough to pay this claim. This amount is included
INCOME ACCOUNT.
in the Treasurer's item, “miscellaneous accounts receivable,
1882-83.
1881-S2.
|l88-384.
$
$
$697,874 80,” in the general balance sheet, and explains why
Revenue—
$
Earnings (leased lines iuelnde.il)
2,815,986 2,946,278 3,424,279
that amount is so large.” * * *
of earnings of other sleep¬
“Negotiations are in progress for a contract with the North¬ Proportion
ing ear associations controlled and
605,596
188,231
ern Pacific Railroad Company for the operation of this com
operated «
1...
582.231
pany's lines under a guarantee of earnings.
The matter, Patent royalties and manufacturing
531,371
513,947
profits
339,321
however, has not, at this date, made such advance as to Profit
and loss, including interest,
13,115
justify any opinion as to the result of the negotiations.”
discount and exchange.
The following statistics for four years have been compiled
Total revenue
3,737,538 4,093,245 4,450,457
for the Chronicle:
.
<4
.
October 25, 1884. J
THE CHRONICLE.
1881-82.
1882-83.
$
$
917,308
976.330
1.110,932
207.156
217,034
205,455
Disbursements—
Operating expenses, including legal,
general, taxes and insurauce(leased
lines included)
Maintenance of upholstery and bed¬
ding (leased liues included)
Proportion of operating expenses,(fee.,
in cars of other
sleeping-car associa¬
tions controlled and operated
Rental of leased lines
Coupon interest on bonds
Dividends on capital stock
Profit and loss, including interest,
discount and exchange ..,
Total disbursements
Net result
Balance of account for re-building and
re-modeling cars into the latest
standard Pullman car.
Balance of surplus for the year car¬
ried to credit of income account
175.702
264,003
171,074
870.937
136,556
264,000
17 i ,466
1.235,142
1,339,021
20,955
Real
■
estate,
&c.,
Chicago.
Stocks and bonds owned
Construction material and
operating
supplies, including amount paid on
ears in process of construction
1,192,694
1882.
1883.
1884.
$
$
$
Balance of current accounts
Cash and call loans
802,553
2,737,364
250.000
3,705,025
434,530
3,339,039
535,986
2.192.950
1,213,194
1,527.757
705,933
702,295
592,676
270,161
Total assets
Liabilities—
Capital stock
Bonds outstanding...-....-
Received from saie of old cars leased
from Central Transportation Co
Balance of current accounts
Surplus invested in the assets of the
compauy.less written off during the
year i
Total liabilities
97,892
168,832
141.356
288,531
July. 1 to Sept. 30.
.
1S33.
1881.
$394,43 4
$2,824,350
1,822,429
189,452
in the
company's treasury.
being merely
a
substitution of
$2,904,072
1,746,390
This provides the
,
/—9
mas.
ended Sept. 30—v
3 8S4.
1883.
1881.
$476,810
$545,726
$1,035,0C8
$4,552,137
$252,376
32,940
$279,629
$2,276,095
15,340
z79,02l
$2,495,027
Total expenses
$235,317
$294,969
$2,555,027
$2,766,985
Netearnings
$191,493
$250,757
$1,529,981
$1,785,151
Gross
earnings
Operating
expenses
Extraordinary expenses
1883.
27 3,958
Ohio Central.—The
....
6,826,479 ;7,533,7i2
21,205.279 23,095,369 26,169,382
5G4 cars in 1882 ; 579 in 1883; 609 in 188 4.
1 Written off—in 1882, $128,419;
in 13s3,
'
$250,658; in 1881,
$185,461.
1 $1,100,000 of this amount is embraced in depreciation account and
$6,433,712 in income account.
’
.
committee, consisting of Messrs. D. B.
Halstead, C. W. Opdyke, Grinnell Burt, Chas. J. Canda and J.
S. Stanton, recently appointed by the bondholders, have
agreed
upon apian of re-organization of Ohio Central Railroad Co.,
which will be formulated and issued in a few
days. Said plan
will provide for the issue of $5,000,000 first
mortgage 5 per
cent 50-year bonds, $3,750,000 preferred stock, $7,250,000 com¬
mon stock.
$3,000,000 of said bonds and $750,000 of said stock
will be issued to the holders of the $3,000,000 main line first
mortgage bonds on their paying an assessment of $5 on each
bond. $3,000,000 of said preferred stock will he issued to the
holders of the $3,000,000 of second mortgage income main line
bonds on their paying an assessment of $50 on each of said
second mortgage bonds.
$6,000,000 of said com. capital stock
will be issued to the holders of $22,000,000 of Ohio Central
Railroad Company's stock, on their paying an assessment of $1
Allegheny Valley.—In the United States Circuit Court at
Pittsburg the master and examiner in equity in the case of
the Pennsylvania Railroad and others vs. the
Allegheny Val¬
ley Railroad Company submitted a report recommending the on each share of said old stock. There will then remain in
foreclosure and sale of the latter road. According to the re¬ the treasury of the company $2,000,000 of said new first mort¬
port of the master, the Allegheny Valley Railroad's debts ex¬ gage bonds, $650,000 of com. stock and the cash assessments
collected for the purpose of acquiring terminals at Toledo and
ceed its assets by $4,077,000. The date of sale is to be fixed
by
the Court.
Columbus, necessary rolling stock, and making betterments
and improvements.
Central Iowa.—The following circular has been issued:
Philadelphia k Reading,—The general statement by the
New York, October 20, 1884.
To the Stockholders of the Central Towa Railway
Company:.
The board of directors deem it for the interest of the
company that
a special meeting of the stockholders should be held for the
purpose of
taking action upon certain questions in regard to which differences of
opinion have heretofore existed, and upon which they think it desir¬
able that aetijn should lie taken
by the stockholders. In order that
there may be united and harmonious action, the present board of direc¬
tors have decided to tender their
resignations, aud a new board will be
elected at such meeting.
Therefore,
a
special meeting of the stockholders is hereby called, to
lie held in ilie otlice of the
company at Marshalltown, Iowa, on the 29th
day of October, 1884, at 12 o’clock m., for the following purposes, to wit:
The election of a board of directors; also to vote
upon the issue of con¬
solidated bonds, secured by mortgage upon the
property of the com¬
pany in Iowa and upon the line in Illinois controlled by this
company,
and the ratification of tlie mortgage which has
already been executed,
to securesucli bonds; also tlie ratification and continuation
of the action
of the .joint committee of bondolders at their
meeting held on the 7tli
day of
June, 1882. in transferring to the stockholders the voting power
of the company, and of tlie several amendments to the articles
of in¬
corporation of the company made on the 10th day of November, 1381,
and on the 7th day of June, 1832; and also
authorizing tlie board of
directors
to
guarantee the bonds of the Kcithsburg Bridge Company,
and agree upon a tariff upon freight an 1
passengers to secure the pay¬
ment of interest upon such bonds, and
provide for the ultimate acqui¬
sition of the bridge by this company, without incumbrance.
The transfer books will close October 25 at 3 o’clock r. m and
re-open
1884, at 19 o’clock a. m. By order of the boa*d of
Alfred Sully, President.
,
November 5,
directors-
Cincinnati Indianapolis St. Louis k Chicago.—The com¬
parative earnings, expenses and fixed Charges for the month
of
August, 1883 and 1884, were as follows, including transpor¬
tation only, miscellaneous
earnings being added every six
months:
August.
/
Gross earnings
Operating
1683.
expenses
Npf
Deduct fixed charges
Total surplus 2 months
figures
as follows: Statement
2 of the railroad company and
A, general balance sheets on June
coal and iron company; statement
B, the bonded debt and annual interest thereon of both com¬
on June 2; statement C, the annual rent of leased lines
of railroads and canals and of guarantees on June 2; state¬
ment D, a comparative statement of the current liabilities of
both companies as shown on June 2 by the balance sheet and
on September 30, together with the annual fixed
charges:
panies
A. Balance Sheets June 2, 1884.—These are not
materially
different from the general balance sheets of the last annual
report, and are too voluminous for reproduction here; the
items of present interest, too, the floating debt, &c., are under
other heads as given below.
The Philadelphia Press com¬
ments on this exhibit as follows :
The railroad company’s statement A shows a net loss in the
operating
of t-ue railroad company from November 30, 1883, to June 2,
1884, of
$2,322,282, and the coal and iron company shows a loss for the same
$1,049,702, a total loss of $3,371,974. Itshows that the com¬
pany holds of stocks and bonds of other companies, not including the
coal and iron company, $19,939,564. The balance sheet of the
company
time of
for November 30, 13-3, gave ibis item as $18,016,998. an increase dur¬
ing tliis year, to June 2, of $1,322,566. The receivers’ statement of
railways also shows that there has been expended during the present
tiscai year, up to June 2, for new engines. r< ai estate, cars, tracks, &c.,
Statement A of the coal and iron company shows that
taere has been expended in lands, collieries, real estate, Ate,,
$1,773,198,
showi -gtlic total addition to capital account during this
year, up to
June. 2. to be $5,115,734.
$2.019,970.
B. The Bonded Debt June 2, 1884.—The totals of bonded
debt are, of course, included in the balance sheet, and as to the
details in this table the Philadelphia luej iirer remarks:
21,958
$70,157
given out as col ateral, but not disposed of. The bonds so pledged
aggregate $19,559,500. This amount is made up of $7,546,000 income
$98,199
50,000
$48,199
15,528
receivers of this company, who were appointed on June 2, 1884,
has finally been made public.
It consists of four exhibits of
The exhibit giving a statement of the bonded debt of the railroad
company shows very little cha gefrom ilie bonded debt st dement pub¬
lished iu the annual report. The most important item in the amount of
money involved is the statement of car trust certificates is ucd in
March to the amount of $1,100,0 O.
Properly speaking this is not a
lien upon the road. The total bonded debt is slated to be $114,172512 18, from which, however, is to be deducted the amount of bonds
50,083
Surplus
Add surplus to July 31
1884.
$24 4,116
145,917
\
,,
1883.
a
September
441,370
GENERAL INVESTMENT NEWS.
$144,661
by this issue,
long-time bond for its
unfunded debt. The company's floating debt is about
$1,200,000, of which $1,000,000 is made up of loans on collateral.
Northern Central Railway Company.—The
comparative
statement of gross earnings and expenses for
September and
for the nine months ended
September 30, is as follows:
12,574,600 13,269,500 15,924,800
2,255,500 2,269,500 2,269,509
0,023.823
1384.
it
21,295,279 23,095,369 26,169,382
$
$
$
411.356
$136,513
company with an amount sufficient to pay its floating debt.
The company in its contract with the syndicate has reserved
the right to offer the bonds and stock
pro rata to its share¬
holders prior to March 1, 1885.
The liabilities and annual
interest charges of the company are not increased
9,858,049 11,326,333
381,385
379,594
6,050,20 > 6,434,823
194.383
184,034
68,954
71,680
316,670
506,534
September.
,
and carried
262.881
/Lumber
$92,125
$159,201
$204,982
$1,601,921
$1,157,682
Norfolk k Western.—This company has just
completed an
arrangement with a S3Tndicate of American and English bank¬
ers by which $1,500,000 is to be furnished the
company in
exchange fora like amount of adjustment mortgage bonds, ma¬
turing in forty years, and preferred stock, part of that owned
8t.
Louis, Mantua, &c
Invested
in
other
ear
associa
tions controlled and operated
$79,S30
Aug 31.—,
i883.
$278,906 $278,754
142,393
134,090
Net earnings
1,053,313
4,814,961
184,383
67,201
$158,051
65,935
mas. to
1884.
Virginia & Georgia.—The gross and net
earnings for September and for three months are as follows :
1,192,694
fran¬
Patents, U. S. and foreign
Furniture ana fixtures
Net earnings
East Tennessee
—2
1883.
70.633
$369,311
earnings
Operating expenses 210,110
3,263,763
31.
378,401
August
$150,514
Gross
128,136
9,802,022
Gross earnings.
Operating expenses
35,733
2,597,8(56 3,039,932
1,139,(572 1,053,313
1,011,533
Chicago & East Illinois.—The earnings and expenses of
August and for the two months to August 31,
1884, are as follows :
this road for
1SS-I.
148,427
264,0 90
169,013
J5 A LANCE SHEET JULY
Assets—
Cars and equipments, including
chises*
Car works at Detroit
Car works at Pullman, <fcc
1883-84.
$
461
adjustment scrip, $4,762,500 of
loan of 1882 and $7,110.This collateral is pledged
for loans, and some of it. particularly of tue five per cent consol dated
mortgage, is lieul by President Little of the New Jersey Central as
security for the payment of the floating debt of that comp ny. The
of
the holders of the collateral are not given. Sub¬
mortgage bonds, $121,000 convertible
first series 5 per cent consolidated mortgage
000 of the second series of the saint loan.
.
item ‘'deferred income bonds,” which shows that
obligations outstanding on June 2 was $7,670 427 09. At the date of the company’s last report. November 3 >. the
deferred income bonds figured for only $7,650,3 >8 94. It is plain,
therefore,that some pei son «>r persons have invest* d $20,118 15 in this
the enty oppo ite the
the amount of these
of the rentals is as
mary
Interest Charges.-
follows:
Amount of rout (leaded lines)
Taxes in addition to rent as above
(1883)
for interest separate from lease as
Liability
Less amount
-The
included iu rent (1883)
Total annual interest on account
roads and canals
Annual int’est. on acc. of other
Annual interest on account, of coal
of leased rail¬
bonds
.
as
Total annual rent and interest on account of
leased railroads and canals and of guarantees..
Less interest on guar, liabilities paid by
as
Tne
37,515
95a,669
186,383
$1,90S,005
$1,636,327
232,166
232,166
for both
,
1,239,071
232,466
$6,461,522;
A
30,
liabilities of the Philadelphia A
Reading Cod A Iron Company unpaid
Sept. 30, 1884
$11,661,885
Current liabilities of receivers issued on ac¬
count of the companies, per authority of
United States Circuit Court:
Ac -mint of the Philadelphia
A Reading
Railmad Company
Total current
1,908,005
$13,569,891
$2,747,910
A Reading
of the Philadelphia
Coal A Iron Company
Account
232,166
liabilities of the Philadelphia A Reading R
2,980,077
?.
A Iron Comoauies
unpaid Sept. 30,1881 ...
$16 519.968
general mortgage coupons of
July, 18^4.
Nt>TE-Th'sstatement shows the amount of the Phil idelphia A Read¬
ing Railroad and the Philadelphia A R aiding Co il A Irou coinfp tides’
cni'iem. liabilities as of June 2,
18s4, which lias been paid off or
liquidated to S pt. 30, 18^4, but does not include the sums due by the
receivers for current business for wages, materials, etc., nor to coaneoting railroads, for which the receivers livae suili uent assets, nor
dees it in hide the accruing interest on fun led lo uis not payable until
subsequent to June 2, 1884, nor ba'auce of rentals duo leased lines
since that
date.
Toledo
Cincinnati & Si. Louis.—A bill has been filed tosale of the Dayton and the Cincinnati divisions.
set aside the
fixed charges is as follows :
Philadelphia it Rending Railroad Company.
$‘.>,600,874
& Pacific.—At the meeting of general
bondholders, held in London to hear the proposals
Joy, the only action taken was the voting of the fol¬
Wabash St. Louis
mortgage
of Mr.
lowing resolution:
5,475,59s*
654,68
,
24,740
$1,404,161
companies
1884
$10,839,915
Rent of leased roads and canals
Interest, on bonded dent
Interest on floating debt.
Interest on receivers’obligations.
7,o27
967,596
223,808
Current
bds. (seo statement
of the annual
197,993
.liabilities of the Philadelphia
Reading Railroad Company unpaid Sept.
credited to its income.
The summary
449.317
52,230
76,070
Current
$10,607,479
for details)
$275,823
51
inter jsT. on
Note.--The above annual liability includes
stocks and bonds owned by the P. A R. R.R. Co., which heretofore has
been
6477,311
and the Pniladelphia A Readiug Coal
due June 2. 1-*S4, remaining
*This includes the amount yet due on
debtors,
above
Total annual liability on account of leased rail¬
roads and canals, and of guarantees, in lading
$919,890. intert st on Philadelphia At Reading
Coal A Iron Co’s
$257,541
—
Total net decrease
$9,60J,874
919,890
above
$1,361 015
wages
Net decrease
36,138
railroads as above. 217,676
and iron com¬
panies. as above, other than P. 3: R. It. C. A I. Co.101,505
Annual interest on account of P. AK. RR. C. & I. RR.
Co.
$1,628,556
secured bv col¬
'
$9,409,050
155,686
23,122
Decrease.
Receivers’ obligations, account,
materials and supplies
sum-
above..$59,261
Sept. 30, 188 4.
$3,514,333
Less
conclusively that Reading lias some sanguine
friends left.
The divisional mortgage bonds of the coal and iron company have
increased iu amount $2o4,OoO since November 30. This increase, how¬
ever, is accounted for by the purchase of the John II. Krause tract for
$363,000, and a reduction in the principal of some of the loans. The
loans on other real estate and furnace company bonds aggregate
$932,988 08 The debenture loan of 1872 has beeu decreased from
$1,117,000.
Liabilities.
June 2, 1834.
Unpaid commas and interest
Unpaid wages, materials, Ac..
Due on ae’nt current business.
peculiar bond, showing
Annual Rental and
<
Notes payable account
and materials
of b mds held as collateral from the total
leaves the bonded
debt of the railroad company on June 2,
18. The total
when the receivers took possession, $44,613,043
annual interest charge en this sum is $5,475,590. Of this, how ver.
$128,139 10 is interest on bonds owned by the railroad company itself,
which is credited to its income. A curious feature in the exhibit is
C.
Reading Coal it- Iron Company.
,
the amount
$1,152,COO to
The Philadelphia ct
Account.
Floating debt,
lateral
names
tracting
[VOL. XXXIX.
CHRONICLE.
THE
462
‘•That Mr. \V. II. L. B irnett,
Morn?, Mr. Francis Pav , Mr.
(of Gla-gow). Mr. John
Mr. John Bald
W. Trotter. Mr. Chester, and Mr. R. Rob¬
erts Hiv. requested to act, and such of them as accent the position are
Liability of guarantees
a committee to represent the English bondholders, with a
$17,119,932 appointed
view to modifications of theterms proposed by tile company, with power
to
investigations, to enter provisionally into an ag^oem nt for
make
all
Less interest on guarantees paid by debtors
*232.466
the reconstruction of the company, subject to confirmation by.am jority
Less inf. on Phil. A R* ad. Coal A Iron C ». bonds.. 919,890
at a general meeting of bondholders to bee Hied by a tvertDemme til the
Le^s interest on stocks and bonds owned by the
company, hereioiore credited to income
503,962 1 656.318 public papers, wiih power to add to th-.ir number, to tix llie r own quo¬
rum..to arrange with the Railway Share trust Company, limited, for
the deposit of bonds and the Issue of certificates in exchange for the
$15,163,613
149,71 6
l,239,o71
same.”
Philadelphia it Reading
bonded debt, Ac
floating debt
receivers’ obligations
The
Interest
on
Interest on
Interest on
Total annual fixed charges
tember 30, 18»4
-
Coal it Tran Company.
$1,009,644
102, 88
9,286
—In tne matter
1,121,119
*
of both companies as
of Sep¬
proceedings then terminated.
of the petition of the receivers of the Wa¬
bash for permission of Court to pay the interest on the Havana
Division bonds, the St. Louis Wore-Democrat reports that the
master’s report was presented to Judge Treat for confirmation,
He said in consultation with the
but he refused to pass it.
o her Judges on the bench that they had
resolved not to per¬
mit tlia payment of interest on the bonds of any of the divi¬
sions of the system which were not self-sustaining.
It did
not matter how important a factor that division might be to
the general system, it was not equitable or just that the
The
$16..584,732
road and
Note.—The interest on floating debt of the Phil. A Read,
the Pm!. A Read. Coal A Iron companies is given at 7 per cent uer annum,
which is sufficient to coverall interest, discount, commissions, Ac.
Floating Debt June 2 and Sept. SO.—This statement is
obscure, .and to say the least very extraordinary, in not
giving the details which enable the receivers to figure a nom
inal decrease in lloating debt in four months of $6,401,522
D.
very
interest on bonds of those
He
had
permitted the
Eel
River
bonds, although
largely behind their
July interest was
borrowed, so that the conclusion is inevitable that if this large
decrease was made in lloating debt, it must have been through
increase in funded debt, or by a sale of assets, (such for in¬
stance as the Central of New Jersey stock held by Mr. Vander¬
bilt). The receivers’ note to the table below is also difficult to
comprehend, stating that this excludes so many important
items of lloating debt on Sept. 30.
In fact, it is impossible to
get at the lloating debt on Sept. 30, with any degree of accu¬
racy, without knowing those items, and the total of $10,549,908,
given, is evidently much below the actual floating liabilities.
companies are known to he running
annual charges, and the money to pay the
The
sufficient
permit such payments. On the representations of the attor¬
for the receivers that such refusal would result in the
foreclosure of the bonds of the Havana Division * * * and that
the road is self-sustaining, he referred the report of the master
back for further information. In the event of the latter claim
being made good, he said he would permit the payment of the
neys
an
as
The statement of the current liabilities on
with those of September 30, is as follows:
The
Philadelphia it Reading
interest.
The receivers of the Wabash filed a
orders of Court, by which they were
June 2, compared obligations
Float, debt,
Nous
Railroad Company.
Decrease.
secured by collat.$I 2,327,7o2
payable account wap.es
and materials
leased raihoads and
Due
583.143
canals
$3,0 71,571
96,362
486,780
1,149,955
482,922
539,934
464.181
75,753
$19,467,156 ,$11,661,885
$7,805,271
861,213
Unpaid ii terost and dividends.
Unpaid wages. mat* rial etc...
Due on ace. euneid business...
Due connecting raiiroac e
(Slate tax *>n gross
$.>,250,211
1.021.748
*5 i2,0lS
103,827
11 5,m l 1
51.123
2,171,704
for rent
1,995,640
504, S15
reccii ts and
capital slock
308,59
»
1,891.812
389,601
431,798
Less—
'Receivers’obligations, account,
wages
Reccn ei>’ otduatu ns. account,
materials and supplies
Net decrease
as
receivers in lieu of
$1,900 000
757,910-
2.717,91'i
$5,057,360
report of action under
directed to issue their
promissory notes, to the
June4,
before any
of $223,333,- due May 31, 1881, and $85,000 due
1884, and all other like promissory notes maturing
dilferent order of Court should be made. These notes
secured by the indorsement of Jay Gould, Russell Sage,
amount
Liabil it its.
Account.
self-sustaining portions should be used to pay
portions" not self-sustaining.
payment of interest on the
that road did not earn
to justify it ;
but he would not again
earnings of
were
Solon
Humphreys and Sidney Dillon, who consented to a continuance
of their
indorsements on the new
obligations. This issue in
amounted
$2,036,660.
lieu of the promissory notes
to
At St. Louis, October 18, the receivers
leave to pay $112,000, the
on
chased in 1879, all the other instalments
filed a petition, asking
rolling stock pur¬
to July 1.
A chattel mortgage seem*'-s the payment, and un¬
less the court orders the receivers to pay, the eont’ actiug par¬
ties will probably levy on all the equipment furnished' under
the contract. Another petition asks permission to pay the in¬
terest on $275,000 first mortgage bonds on the part of the
Indianapolis Division of the Wabash Road extending from
Indianapolis to Peru, a distance of 74 miles. The semi-annual
amount due is $8,250. Tins line paid its operating expenses
and repairs, and earned enough to pay the above interest.
balance due
having been paid up
October 25, 1884. J
THE CHRONICLE.
463
%\xt (j^amnxercial jinxes.
COMMERCIAL
COTTON.
Friday, P. M., October 24, 1884.
Tfie Movement of the
Crop, as indicated by our telegrams
from the South to-night, is
given below. For the Aveek ending
this evening (Oct. 24), the total
EPITOME.
Friday Night, Oct. 24, 1884.
The
absorbing interest that is felt in
extends in
an
unusual
receipts have reached 285,112
bales, against 242,289 bales last Aveek, 205,313 bales the previous
week and 168,721 bales three weeks
since; making the total
receipts since the 1st of September, 1884. 1,158,360 bales, against
1,223,986 bales for the same period of 1833, showing a
decrease since September 1, 1884, of 65,626 bales.
the
political canvass
degree to mercantile circles, and is a
great obstacle to the transaction of business.
The weather
has turned much
cooler, and has been quite wintry in some
Sal.
Receipts at—
Mon.
lues.
Wed,
Thu vs.
Fri.
Total.
sections.
The prolonged drought on the Atlantic Coast has
Galveston
6,033
12,556
2,(54
5,87 S
5,386
been partially relieved by a heavy rain, but more is
3,714 35,626
needed.
Indianola, Ac.
573
573
There is a disposition to anticipate an
improvement in manu¬ Now Orleans... 8,170 19,253 17,407 5,644 18.793 11,807 81,074
factures and commerce early in November.
Mobile
2,527
1,961
2,130
1,817
1,044
1,113 10,592
Florida
The speculation in lard futures has been litful and
uncer¬
2,307
2,307
Savannah
8.905
8,788
tain in tone, without wide
7,965
8,540
7,722
8,093 50,013
fluctuations, prices showing finally
Brunsw’k, Ac.
633
638
little change from last Friday. The close this afternoon
was
Charleston
1
7,200
9,501
5,956
6,200
5,873
5,582 40,312
firm at 7*49c. for Nov., 7'31c. for
Ft. Royal, Ac.
Dec., 7*40c. for Jan. and
72
72
7*46c. for February. Spot lard has been rather more
959
Wilmington....
1,701
812
1,051
827
active
6,704
1,354
Moreh’d C.,Ae
.and closes at 7‘50c. for
546
516
prime city, 7’70e. for prime Western and
Norfolk
4,921
6,055
6,533
6,623
4,197
5,721
34,050
7*95@8c. for refined for the Continent. Pork has been rather
West Point,Ac
19,543 19,543
more freely offered
at easier prices, mess closing at $16 75. New York.....
21
15
90
321
38
50
535
There is no change in cutmeats, but the
492
190
747
142
business has shown Boston
233
153
1,953
some increase in
volume; pickled shoulders 7@73'gC., bellies, Balt more
126
126
38
52
32
326
448
9@934c. and hams 12i^@123gc. Beef remains entirely nomi¬ Pbiladelp’a, Ac.
nal and beef hams are
quoted at $20 per bbl. Tallow has ruled Totals this week 38,578 60,755 43,933 35,977 *8» rH iO 61.724 285,112
easier and closes quiet at 6?s@6 7-16c.
For comparison, we give the folloAving table
Stearine has declined
showing the week’s
total
to 83^c.
receipts, the total since Sept.l, 1884, and the stock to-night,
has
ruled
firm
Butter
and closes at 22(a) 33c. for
and the same items for the
creameries.
Cheese is comparatively
corresponding periods of last year.
quiet at 83^@1234c. for
State factory. The following is a
1884.
1883.
Stock.
comparative summary of
Receipts to
Th
is
Since Scj).
aggregate exports from Nov. 1 to Oct. 18.
Th
is
Since
Sep.
October 24
....
—
....
....
....
....
•
....
....
•
-
...
....
....
....
*
-
.
....
....
.
•
-
....
....
....
....
....
.
....
....
1
Pork, lbs
Bacon, lbs
Lard, lbs
Week,
1883-84.
1882-83.
36,027,400
4A,8i*7,000
329,631,851
407,037,134
274,520,002
Hoc.
Dec.
Dec.
72«,264,136
Dec. 149,367,073
213 237,812
Total lbs
"... 578,897.063
Rio coffee has been
declining.
Fair
on
10c. ; large receipts at Rio de Janeiro have
and considerable coffee has been sold for
9,779,600
78,305,283
Galveston
seme
decline for dried.
Rice has sold
moderately
173,504
29,931
6,233
298
193,423
5,691
New Orleans...
81,074
243,562
81,984
Mobile
305,626
10,592
45,253
10,351
257,930
10,723
1,330
57.652
2,307
42,838
247,489
2,310
175,67*.
West Point,Ac
50,013
638
40 312
4,162
186,281
333
23,014
1883.
53.500
96,857
68
147,631 213,899
7,152 17,033
5,805
82,459 101,273
......
......
85,934
93,187
7L
rv o
465
2,338
72
70
35,996
6,168
34,515
27,636
15,606
2,100
123,775
546
1,514
500
34.050
115,598
34,283
19,543
56,708
12,896
535
878
569
1,017
Boston
1884.
6,701
New York
changed prices. Molasses has been dull. Raw sugar has ad¬
vanced, partly owing to a rise in London, and closed at 5 1-lGc
for fair refining ; there was at one time a fair
trade, but for
1, 1883.
573
Florida
at un¬
1
35,626
depressed options Savannah
Brunsw’k, Ac
long account; prices
Charleston
have fallen 35 to 45 points; October closed at
8*05@8 10c. ; No¬
Ft. Royal, Ac.
vember, 7 90@7’95c. ; December, 7*95@8c. ; January, 8@8 05c.;
Wilmington
February, 8’10(a8-loe., and March, 8*15@8 20c. Tea has been
M’hendC., Ac
quiet and lower. Foreign fruits have been moderately active Norfolk
at
Week.
1
Indianola,Ac.
Cl,2?2,190
the spot closed at
1, 1884.
I
1,953
13,973
Baltimore
126
639
Philadelp'a.Ac.
448
5,250
49,502
1,115
4.996
~
497
1,881
69
4 695
.
.
.
„
„
41,352
....
.......
45,301
.....
.
62,908 114,261
3 230
6,310
18,630 13,786
5.593
3,607
days past the market has been very dull; refined was
Total
295,112 1,158,360 252,845 1,223.986
542 237 721,186
advancing early in the week, hut latterly lias been declining;
In order that comparison
may be made with other years, we
granulated closed at O'^c. and powdered at GJ4e.
giA-e below the totals at leading ports for six seasons.
In Kentucky tobacco the movement lias been
slow on the Receipts at—
1884.
1883.
1882.
1881.
1880.
1879.
spot, and the speculative fever has been low; lugs quoted 7(<])
Gal vest’ll, Ac.
36,199
30,229
31,853
17,780
23,760
8c.; leaf 83£(glOJ4c. Seed leaf has been weak, and the
26,367
Now Orleans.
SI,074
81,981
58,551
51.306
69 076
61,726
week’s trading has been limited to
1,157 cases, including 500 Mobile
10,592
10,723
15,829
9,762
16.505
15,755
cases crop of 1883,
Pennsylvania, at 9 to 15c.; 150 cases crop Savannah.... 50,013 42,83 s 44,302 35.551 44.877 40,706
of 1882, do., at 0 to 16c.; 232 cases
CharPstTi. Ac
40.3-1
28.509
25,012
35,601
33,112
crop of 1S81, do., at 5 to
30,827
Wilm’iit’n, Ac
7,250
6,668
5.122
11c.; 125 cases crop of 1883, New England,
7,1)2
10,430
8,591
including Havana Norfolk, Ac.. 53,593 47,179 51,7r0 40,103
43,759
39,634
seed, 12 to 34c.; 50 cases crop of 1883, State Havana,
private All others
6,007
4,715
9,289
12,992
12,661
14,657
terms, and 100 cases sundries at 5 to 28c.: also 389 bales
Tot. this Av’k.
235,112 252,815 241.73s 210,587 254 830 215,613
Havana, at 80c. to $1 15, and 200 bales Sumatra at $1 30 to
Since
1
i 58 360 1223,986 116704< 119
1.
Sept.
$1 85.
3.761 1390 296 1222,135
some
Naval stores have been almost
a
dead issue
Galvestmi includes Indianola; Charleston incudes
port. Royal, Ac.;
Wilmington includes Moivheail City. Am.; Norfolk includes West Point,Ac.
The exports for the Aveek
ending this eA'ening reach a total
during the entire
Aveek; legitimate trade is slow and speculation still more so*
and yet spirits
turpentine closes quite steady at 30^2®31c.,
and strained to good strained resins at
of
156,667 bales, of which 83,843 were to Great Britain, 16,115
France and 56,709 to the rest of the
Continent, wdiile the
stocks as made up this
evening are now 542,237 hales. Below
are the
exports for the Aveek and since September 1, 1884.
to
$1 25@$1 30. Refined
petroleum is firmer, and exporters are
bidding 7JyC. for 70
Abel test quite freely.
Crude certificates ha\re recovered
somewhat
from
sharp decline early in the week, and
to-night were advanced to 781^c. from 72c., closing at
70Jy([/■
77c.
In metals, wool,
hops and oils nothing particular can
be said, the
prolonged inactivity still remaining as the striking
feature.
The week in
a
ocean
Ending Oct.
24
From -epl. 1, 1881, to Oct .24, 1884.
Exported to—
Exports
from—
■
Galveston
New Orleans..
Great
}
Grit'n.
:
ID,0P.‘>
13,7'JO
France
Exported to
Conti-
Total
nent.
Week.
4.(519
23 055
Great
j
-
Conti-
Britain.^Fraice
38,047i
nmt.
Total.
9,409
48,050
1(5,900 41,711
*;3,972 ! 20,26i
31,040
115,874.
15,000
7,(535
31,003
11,004
*45,01 oj
30,328'
2J F
35,3'. 0
80.100
21,0 J9
(0,307
2,115
8,930
21,188
3,523
100.217,
05
3.577
3,fU7t
2,150
1,400
5,707
3,020
12,2341
21,3311
i
Mobile
freights has been a moderately active one.
good demand prevailed for berth rcom via the
regular steamers, anil 6cl. was paid for 24,000 bushels
grain to
Antwerp. Engagements of oats to London were made to a
moderate extent at 2s. 7/£d.@2s. 9d.
per qr. Liverpool wheat.
Slod. Grain hence to Cette, Nice or
Marseilles, 4,000qrs. at
4s. 7f<4.; refined petroleum hence to
Liverpool, 10,000 bb!s. at
2s. 7d.; cases to China and
Japan, 32^0.; cases to Vigo foi
orders, 17?4c.; cotton quiet, closing at 26s. per ton bid from
Norfolk to Liverpool.
At the close
Week
the
14,015
Florida
Savannah
Charleston *...
Wibnineton.
Norfolk*
.....
1
(5,132
13.158
.
Philadelp’a.Ac
Total
as1
0,37 3
.
New York
Baltimore...
i
0.132
2,100
1,020
;
83,643
10,115
Total 1HSA...
45.752
0.060
*
t
28,151)
13.3Jl!
......
..
4,139
141,0. >9
15?
1,0 J9
12,3; 7
31,047
14,043
9,72 5
..
..
28,151
29,8 <i
56,705) 150,(507
307,349
25,2 )1
141,849
531,399
07,801 120,329
includes exports from Port Royal, Ac.
Includes exports from West Point, Ac.
207,775
89,190
188,1 18
485,113
above exports, our telegram s to-night
On
Oct. 24, at—
Great
Britain.
New Orleans
Mobile
Charleston
Savannah
Galveston
Norfolk
New York
Other
Shipboard, not
France.
8 a
Ooasticise.
Other
Foreign
Leavin
Stock.
Total.
18,075
775
01,833
None.
None.
None.
None.
85,79.8
7,152
4.200
4,850
13,300
4.800
27.150
58,784
7,700
None.
None.
None.
10,900
4.800
100
850
3,171
23,400
22,599
59,059
1,551
34.222
2,850
1,800
None.
9,150
None.
8,800
300
None.
7,000
14,523
47,875
15,097
72,515
28,994
28,425
74,012
13,185
12.321
p*
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Str. G’d Ord
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Str.L’w Mid
Mon Tucs
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7*8
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7k
7k
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8‘316
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8k
8k
8k
8*8
9*8
9k
9k
9k
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Sat..
Q.uiet and steady
Weak
Mon
Tues. Steady
m
m
m
m
m
mm
*
mm +
.
.
at Lb dec
Weak
Wed
Thurs Weak
Fri.
Q’t & st’y,
.
.
Total.
k dec.
m
m
m
,
m
m
m
»
—
Spcc- Tran¬
sit.
800
187
235
286
322
487
376
100
100
....
....
1,893
200
800
_
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■
dallv d^livorios givon
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Total.
987
235
386
422
487
376
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Includes sales in September, 1884, for September, 158,200.
|3F* We have included in the above table, and
week to give, the average price of futures each day for each
wlU be found under each day following the abbreviation “ Aver.”
*
shall contiaue
month.each
It
The
average for each month for the week ia also given at bottom of table.
Transferable Orders—Saturday, _9-90c.; Monday, 9’8Co.; Tuesday*
Deliv¬
eries.
72,600
r-
c
>
FUTURES.
Sales.
O
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;
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63.700
63.900
200
73,700
94,700
79,600
400
200
2,893 448,200
903
aetually delivered the
reported.
above are
that on which they are
99©9
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market closed on same days..
port.
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and future deliveries each day during the
week are indicated in the following statement. For the con¬
venience of the reader we also add a column which shows at a
CLOSED.
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The total sales
SrOT MARKET
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glance how the
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STAINED.
Good Ordinary
Strict Good Ordinary
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movement of the
NEW
►4
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© •
9
were
UPLANDS.
.
•
|i I
a
03 G) fb
rd
0«5
80
to
was a
Oct. 18 to
Oct. *24.
-
p5
P M o
:
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C-© ® »
_
•
been only
moderately active for the week under review, and, although
showing some variableness in tone and prices, there is in the
aggregate further depression and decline. On Saturday there
smart advance on a demand to cover contracts, arising
from reports that damage had been done to the crop by the
prolonged drought and from the fact that there was some
improvement at Liverpool; but the best prices of the'day
not sustained at the close, and on Monday there was a
decided decline in sympathy with an easy closing at Liverandin.indications
lower for the more remote
crop
Eool,
ad set
Tuesday closed
that a slightly
much freer
deliveries, and on Wednesday the decline, though not marked,
general. General rains at the South have put an end to
the prolonged drought, but much more ra in is needed to swell
the mill streams and navigable rivers.
O n Thursday the mar¬
ket was further depressed.
The receipts were large, but Liv¬
erpool reported a partial recovery. To-day a slightly firmer
opening, in sympathy with the stronger Liverpool report, was
followed by severe depression, in which the lowest figures of
the season were made, the closing figures showing a decline
from last Friday of 10(317 points.
A feature of the move¬
ment is the large export to France and the Continent.
Cotton
the spot has been dull throughout the week. There was
only a limited demand fer home consumption; Quotations
reduced l-16c. on Tuesday.
To-day the market was
very quiet at a further decline of JgC., middling uplands
closing at 934c.
The total sales for forward delivery for the week arc 448,200
bales. For immediate delivery the total sales foot up this week
2,893 bales, including
for export, 1,893 for consumption,
200 for speculation and 800 in transit. Of the above, 200 bales
to arrive. The following are the official quotations for
each day of
Pa"
(ja
ctv*d o O
30,901
10,130
53,818
49,441
193.711
w a
-
S’®? g*
slls.
Ef® a p
O,
©
—
® © © 00
-
® -
M
© ©
® ®
future delivery lias
for cotton for
©•© CD
355,083
Total 1884. 109,659
45.743
©
-
©£;
o> q
&
gas! gasi
m
•
9,373
31,821
6,000
The market
,jb
©
©
None.
78,453
®
m
®
33.G10
ports
p
a
19,328
Total 1883
Total 1882
00
So
cleared-for
will be found the
month each day, and
sales.
ing comprehensive table. In the statement
daily market, the prices of sales for. each
the closing bids, in addition to the daily and total
shipboard, not cleared,
similar figures for New York,
by Messrs. Carey, Yale
the following amounts of cotton on
at the ports named. We add
which are prepared for our special use
& Lambert, 89 Broad Street.
us
shown by the follow¬
Prices of Futures are
The Sales and
also give
■
In addition to
XXXIX.
[Vol.
CHRONICLE.
THE
464
day
'?
Wednesday, 9 80c.; Thursday,
9 75c.; Friday, 9 70c.
week:
following exchanges have been made during the
*10 pd. to exch. 1,000 Dec. for Jail.
T3 pd. co exch. 100 April for May.
•17 pd. to exch. 10J Oct. s. n. 25th
13 pd. to exch. 1,200 Nov. for Jan.
for Jan.
•65 pd. to exch. 400 Dec. for May.
•10 pd. to exch. 200 Dec. for Jan.
01 pd. to exch. 1,30b Nov. for Dec.
T3 pd. to exch. 200 Feb. for Mar.
•14 ?>d. to exch. 1,000 Apr. for May
*40 pd. to exch. 100 Jan. for April.
•03 pd. to exch. 1,000 Nov. for Dec.
•10 pd. to exch. 200 Dec. for Jan.
•52 pd. to exch. 300 Dec. for April.
•09 pd. to exch. 200 Nov. for Jan.
•42 pd. to exch. 300 Jan. for April.
The
October 25,
465
THE CHRONICLE.
1884. J
The Visible Supply of Cotton to-night, as made up by cable
and telegraph, is as follows. The Continental stocks, as well as
those for Great Britain and the afloat, are this week’s returns,
and consequently all the European figures are brought down
the same towns have been 13,438 bales more than the same
week last year, and since September 1 the receipts at all the
towns are 171,503 bales less than for the same time in 1883.
Quotations for Middling Cotton at Other Markets.—
Thursday evening. But to make the totals the complete In the table below we give the closing quotations of middling
figures for to-night (Oct. 24), we add the item of exports from cotton at Southern and other principal cotton markets for each
the United States, including in it the exports of Friday only.
day of the past week.
1881.
1883.
1882.
1884.
to
(Stock at Liverpool
Stock at Loudon
64,000
Total Great Britain stock
Stock at Hamburg
Stock at Bremen
Stock at Amsterdam
Stock at Rotterdam
Stock at Antwerp
Stock at Havre
Stock at Marseilles
Stock at Barcelona
Stock at Genoa
Stock at Trieste
2,600
35,300
32,000
1,500
5,100
800
1,700
155,000
6,000
23,000
9,003
Total Continental stocks
1,300
1,000
2,300
8,000
4,700
282,500
231,500
196,700
282,360
810,500
741,500
105,000
282,000
39,000
723,186
719,900
128,000
316,000
14,000
855,560
Stock in United States ports ..
Stock in U. S. interior towns..
United States exports to-day..
22,000
Egypt,Brazil,Ac.,atlt for E’r’po
...
13,000
38,500
16,600
1,360
134,000
4,300
56,800
10,000
5,500
*
9,700
102,000
253,000
25,000
644,270
218,150
519,306
117,912
23,400
195,723
27,030
16,100
1,373,856 2,116,409 1,838,518 2,111.080
Of the above, the totals of American and
ether descriptions are as follows:
American—
bales
252,000
Continental stocks
American afloat for Europe...
United States stock
United States interior stocks..
United States exports to-day..
121,000
298,000
542,237
112,119
22,00 J
Liverpool stock
Total American
JEast Indian, Brazil, dc
519,306
117,912
644,270
218.150
23,40J
16,100
217,000
43,000
103.500
105,000
39,000
218,000
64,000
161,500
60,000
India afloat for Europe
23,000
Egj^>t, Brazil, Ac., afloat
287,000
75,200
117,000
118.700
154.360
102,000
25,000
128.000
14,000
supply
Liverpool
—..
1,873,856 2,116,409 1,838.518 2,111.080
6d.
5 7 i<>d.
0:5sd.
Ohsd.
.
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to
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lOig
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!
Receipts from the Plantations.—The
therefore,
9
93r
following table is
a
safer conclusion through
comparative statement
a
like the following.
In reply to frequent inquiries we will add
that these figures, of course, do not include overland receipts
or Southern consumption; they are simply a statement of the
weekly movement from tho plantations of that part of the crop
finally reaches the market through the outports.
which
RKC
ipt sat. th*
ITVr'i
/•.’ .*' diiifj
18S2.
Aul
SepL
M
hhq;
M CC '
CO O' r- CO to 02 X CO co 02
O O co ;
H-tO-J^JXrf^tOXCOO'OOtOCO.
oc-1 -*
O'
i
1883.
4.SI1
9,700
t\Xjii
10,307
! 1884. I 1882. i 1SS;>
2,2(53
12,arc
1J
21,03 *
28,(588
22,971!
,305
33,308!
49,512' 01,318
77,221! 96,819
i
IS Si.
21,083
03 208
20.433
535!
f:2,0.6
8,366
2,898! 16
j
11,327J 30,52(5 16,593
2,9(53
4,014
16,337
42.621'
80,737
118,463
168,721
13,526
50,309
16,319
53.576
16,312
16.8*54
18^2. ! 1888. I 188*1.
1,438
5,02(5
3S9
1,798! 9,115;
.1,098
21,2311
22,751!
29,681'
4.657
37,72S| 10,859
46,187
19,115; 58,989 20,427 52,108 69,761
29,985’
831.
9,875;
10,144
113,009! 81,627
105,77Sj 36,155 153,116 153,631! 130,301
75,179
24,3:7
88,093
46,6:2
136,470 125031
179,881 163,461
76,862 137,53(5' 49,497 210,123 197.219 182,063
203,13(5 228,897 205,313' 95,075 101,915; 08,108 221,919 256,27(5 223,924
242 329 257.27(5 242,289 125,039 202,OK)' 92,634 271.(593 295.3 :l 200,835
211,738 272,845 285.112 139.317 2516,9829.511 *256 016 2S3.861 321.1K59
Of
The above statement shows—1. That the total receipts from
the plantations since September 1. IS34, were 1,270,6 )6 bales;
in 1834 were 1,411,810 bales: in 1833 were 1,230,875 bales.
2.—Tint, although the receipts at the outports the past week
285,113 bales, the actual movement from'plantations was
331,001) bales, the balance going to increase tho stock at
the interior towns.
Lost year the receipts from the plantations
for the same week were 283"j80l hales and for 1833 they were
256,016 bales. •
were
CC O'
C 10
cc oi
-X “•
CO ife
^ to
7*- X b 02 02 —
to to
02 to 02 fO
CO O' 02 *2
>-• y*
I-4 *-*
02 to ►*-• i— x x — ^
— C O' —• X 7- cc 02 x 0
b -1 *x ot to *02 CC
X 02 O O' 02 Ot <0. to O. it4 co 0 to cc 0 to c; X CO
Or-C(f-t0<JCJ'C0 02Xr-O-'r-|t‘^105C2fr-4
— to
to co co m i-* to co
1-83.
188 2.
|
1831.
Receipts at the ports t.» Ort. 24 1.158,330 1,223 9-6 1,167013 1,198,761
Interior storks on Oet. 21 in
187.830
122,c32
112,296
206,107
excess of September 1
»
Tot. ireeipts from ptanla’tns
Nel overlaini lo o.-tnlu r 1
Southern eonsampt'n to 0*4. 1
1,270,(556 1,411.81*: 1,289,875 1.4<>4,868
i
..
Total in
2,39
*
28,020
19.235
30,000
1 7,68' >j
28 001)!
30,896
20,000
j
1.311,047 1,161,051 1,3 35,5 5.5 1,155,704
sight Oe1nber24
be.-seen
takings to
j
■
205,012
269,33?
218,555|
265,700
by the iibove that the decrease in amount in sight,
with last year, is 150.091 hales, the (leeK3i.se as
as com pare* l
compared with 1882 is‘24,.>08 bales, and with 1881, 1)4,717 bales.
Weather
^
a
^3
>
by
Telegraph.--There
has
been
a
the temperature at the South during the week,
portions of Arkansas, Tennessee and northern parts
Georgia and South Carolina we have reports of killing
and from
>1
8
^2?
Reports
further drop in
■5
of
frost.
(Jalveston, Texas.—It lias rained on one day of the week,
reaching two hundredths of an inch. Picking pro¬
oj'
the rainfall
CO
gresses
*§•
jv 06
ST
finely.
Tho thermometer has averaged 77, ranging
from 60 to 84,
Indianola, Tera \—We have had rain on two days uf the
week, the rainfall reaching one inch and six hundredths.
Picking makes good progress.
K-4
co o; to
to
from 62 to 85,
Palestine,
C2
The above totals show that the old interior stocks have
inci cased during the week 35,111 bales, and are to-night 83,004
bales less than at the same period last, year
Tla? receipts at
The thermometer has ranged
averaging 77.
Texas.—There has been rain on one day, with
rainfall of twenty hundredths of_an inch. Satisfactory prog¬
ress has been made in picking.
Average thermometer 69,
a
9
95j0
prepared for the purpose of indicating the actual movement each
week from the plantations. Receipts at the outports are some¬
times misleading, as they are made up more largely one year
than another at the expense of the interior stocks.
We reach,
r
r-+
C2
O'-H
9h«
1018
9 34
1038
9'hs
DC-
9 L>
1
9hr>
9916
95,6
1
9h
i 91,
!
95,6
:
9716
9H
9 L>
9ho
IOI9
9 b)
Cincinnati*..
Louisville
to-night,
Zr.
S'
b
C2
CO
93g
Kb’s
9 Js
91*2
St. Louis
It will
0 CC 02 O to <-* ►“* O' Ok
*-4
O'
-
to
....i
9° 16
18
103a
9’-8
91-3
Nert!:oi 11 s; innenrs*
Oetober 2 1
!* ^
I-1
c
9;,8a2
9k;16
Augusta
Memphis
V,
^*1 CO tO (0-
c — -11— X cc 0; x>
co c in r. X' -1 to to
CC c to O' CC tr1* c o«
—
W-.
—
tO O- 1—* IC C; >—* *-*
to to
CO 0" 4~ O' X CC if- <J O' to
1
95i e
9^
.
co
a
J
CO'
(J>
9
9%
;!
9\t
1
•05
*■
9 016
1884.
This
K-*
tt*
9316
to them the net
CO
f-*
O to O'
to
7-
M >-* CO CO Oi <** CO to
co ci to to
—
— o> o. o O'
a- i—* tr. C; f— Ot O —
IO I-4 C2 i.
co cc oo o; cr-t x O' x o: ►-* 02
.
C v ^ wf
CX O' 1C — 10
"i1
CCOCOff-f-OCCtO —
O:-Jl0'-JC0'-'
to
h- >—-*
CKO^-tOtOOt
*-*
O' to CO
r
>u M
(-*
^ ^ ^ piopytti*
y +* y p
C^J*-X*-QO
to »-> to K*
If- to *+ CO
9^8
9916
we
•
v-j- coy qc ^
to
to
•
CO To QC to O' 03 U
X tO 00
tO CO J.
J O' O' — -* c >i to o; CO io to •£>* ft ft. 02'1 CT>
/-*
£.
9he
M
*0
toycig to
V V-T**
axe
c. v;
CO
O
9-3
95g
9:)8
give the receipts from plantations in another form, and add
overland movement to Oct. 1, and also the
takings l)3r Southern spinners to the same date, so as to give
substantially the amount of cotton now in sight.
a
to
CO
to
to
9^9
911iG
9fi6
938
9oj#t
9^8 «(yia
Fri.
!
9 G
9 916
Philadelphia.
Thurs. !
9H16
9"m
Idle
Baltimore—
Wedncs. I
^Sa-S^g: £•' ©P
g§: St: ?:
•—1
e«
rf-cc-i
>->
Norfolk
Boston
lues.
Amount of Cotton in Sight Oct. 21.—In the table below
og*l
M
H-> to
«
<
1
C.
Wilmington
\
Mon.
)
c-g-
LO*-— 3-
®»*cO- gp 3 35
^ 2> rH
*-*' Cg .33
£*.
s'®
c
o
pi £
CO
«—*
.
imports into Continental ports this week have been
The above figures indicate a decrease in the cotton in sight
to-night of 242,553 bales as compared with the same date of
1883, an increase of 35,338 bales as compared with the corres¬
ponding date of 18S2 and a decrease of 240,224 bales as
compared with 1881.
At the Interior Towns the movement—that is the receipts
for the week and since Sept. 1, the shipments for the week, and
the stocks to-night, and the same items for the corresponding
period of 1883—is set out in detail in the following statement.
M
.
40.200
31,000 bales.
PS
Galveston ...!
New Orleans. 1
Mobile
Savannah ..;
Charleston
507.500
622,900
438,560
526.500
1,347,356 1,608,909 1,215,618 1,675,520
Total East India, Ac
Total American.
&
Satur.
1,347,356 1,608,909 1,215,618 1,675,520
Continental stocks
The
CLOSING QUOTATIONS l OR MIDDLING COTTON ON—
.
—
London stock
Total visible
Price Mid. Upl.,
316,000
416,000
128,000
253,000
161,000
78,000
253,000
128,000
282,000
723,18(5
195,723
27,000
Wcel:. ending
Octoler 24.
573,200
111,000
2,300
27,000
60,000
298,000
23.000
542,237
112,119
supply....
40,200
96,000
7,000
35,000
7,000
10,000
Total European stocks —
India cotton alloat for Europe.
Amer’n cott’n alloat for Eur’pe
Total visible
533,000
523,200
3,500
29,500
6,700
513,000
534,000
4,000
39,000
36,000
.
448,000
75,200
470,000
43,000
470,000
bales.
highest 84 and lowest 46,
THE
466
CHRONICLE.
Huntsville, Texas.—We have had showers on four days of
rainfall reaching sixty-five hundredths of an
inch. The thermometer has averaged 72, the highest being 87
the week, the
and the lowest 50.
Luting, Texas.—No rain during the week. Picking is mak¬
ing good progress. The thermometer has averaged 76, ranging
from 63 to 80.
Brenham, Texas.—It has been showery on one day of the
week, the rainfall reaching seventy-two hundredths of an inch.
The thermometer has ranged from 50 to 87, averaging 80.
Belton, Texas.—We have had no rain all the week. Picking
finely.
Average thermometer 68, highest 87,
Weatherford, Texas.—There has been one fine but insuffi¬
cient shower during the week, the rainfall reaching one inch.
The thermometer has averaged 63, the highest being 87 and
the lowest 39.
Dallas, 'lexas.—We have had rain on one day of the week,
the rainfall reaching fifteen hundredths of an inch.
Picking
makes good headway.
The thermometer has averaged 63,
ranging from 42 to 88.
Columbia, Texas.—We have had light showers on twf> days
of the week, the rainfall reaching nineteen hundredths of an
inch. Picking makes good progress. The thermometer has
ranged from 60 to 86, averaging 73.
Hew Oilcans, l ouisiana.—It has rained on three days of
the week, the rainfall reaching one inch and twenty-seven
hundredths. The thermometer has averaged 73.
Shrev pert, Louisiana.—Telegram not received.
Vicksburg, Mississippi.—The weather has been cold and
dry all the week, the thermometer ranging from 48 to 86. The
river is stationary.
Gre-i>ville, Mississippi—The days have been warm and
the nights cold during the week with no rain. Picking makes
good progress and cotton is being marketed freely. The- ther¬
mometer lias averaged 72. ranging from 57 to 80.
Columbus, Mississippi.—It has rained on one day of the
week, the rainfall reaching nine hundredths of an inch. We
have had frost this week, but not killing frost.
Little Bock, Arkansas.—Excepting Wednesday, when we
had a slight rain, the weather has been clear and pleasant,
with a light frost last night (first of the season).
The rainfall
reached four hundredths of an inch.
Cotton is moving freely
and yielding better than expected. Average thermometer 0i,
highest 78, lowest 37.
Tort Smith, A rkansas.—It has rained on one day of the
week, the rainfall reaching sixtv-five hundredths of an inch.
We had a
in freeh'.
light frost
on
Thursday morning.
Helena, Arkansas.—We have had rain
-
New Orleans
day, and the
remainder of the week has been pleasant. The rainfall reached
ten huncredths of an inch.
We have had one killing frost
during the week. Picking goes on well; about one half of the
crop has been pickeu.
Crops are reported shorter than ex¬
pected. The.theimometer has averaged 62, ranging from 33
Above low-water mark.
Siiroveport
Above low-water mark.
Vicksburg
Above low-water mark.
Inch.
Feet.
12
6
1
4
1
O
0
8
15
'
Oct. 2 5,
3, ’84.
Feet.
11
11
Above low-water mark.
Nashville...
11
’S3.
Inch.
5 *
4
2
8
6
9
7
2
New Orleans reported below high-water mark of 1871 until
Sept. 9, 1874, when the zero of gauge was changed to highwater mark of April 15 and 16, 1874, which is G-lUths of a foot
above 1871. or 16 feet above low-water mark at that point.
have
re-arranged our India service so as to make our reports more
detailed and at the same time more accurate. We had found
it impossible to keep out of our figures, as cabled to us f or the
ports other than Bombay, cargoes which proved only to be
Cotton
India
Movement
from
all
Ports.
—
We
shipments from one India port to another. The plan now
followed relieves us from the danger of this inaccuracy and
keeps the totals correct. We first give the Bombay statement
for the week and year, bringing tho figures down to Oct. 23.
BOMBAY RECEIPTS AND SHIPMENTS FOR FOUR YEARS.
Shipment* this week,.
fear
on one
to 82.
Oct. 2
Below high-water mark
Memphis
Cotton is coming
The thermometer has ranged from 40 to 80.
-
Augusta, Georgia.—The weather has been cool and pleasant
during the week, with one light rain, the rainfall reaching
twelve hundredths of an inch. - There was a killing frost
Thursday night, with a slight formation of ice at some points
in this section.
Picking goes on nicely and the crop is being
marketed freely. The thermometer has averaged 67, the high¬
est being 81 and the .lowest 49.
Atlanta, Georgia.—We have had rain on one day of the
week, the rainfall reaching sixty-one hundredths of an inch.
The thermometer has averaged 62*7, ranging from 44 to 78.
We had frost and ice this (Friday) morning, but not generally
destructive, the minimum temperature being 33.
Charleston, South Carolina.—It has rained on two days of
the week, the rainfall reaching eight-hundredths of an inch.
The thermometer has ranged from 56 to 79, averaging 69.
Columbia, South Carolina.—Telegram not received.
Stateburg, South Carolina.—We have had no rain all the
week.
Days have been warm, but the nights cold. Nearly all
of the crop has now been secured.
The thermometer has
averaged 66, ranging from 54 to 77.
Wilson, North Carolina.—It has rained on one day of the
week, the rainfall reaching forty-three hundredths of an inch.
Average theimcineter 64, highest 78, lowest 48.
The following statement we have also received by telegraphy
showing the height of the rivers at the points named at 3 o’clock
October 23, 1884, and October 25, 1883.
881
is progressing
lowest 52.
[Vol. XXXIX.
OontiBriVn. nent.
Great
1884
1*83
1882
1*81
_
.
Shipment*
TotaL
since
Jan. 1.
Conti¬
nent.
Great
Britain
.
Receipts.
Total.
This
Since
Week.
Jan. 1.
2.000 501,000 632,000 1,133,000 8,000 1,567,00a
9,000 458,000 806,000 1,264,000 11,000 1.592,10-X
4,000i 7,0U0 782,000 812.000 1,374,000 6.000 1.644.C05
1,000
1.000
8,COO
3.000
3,000,
8,000
8.000!314.000
870,000 11.00U
556,000
1,197,00ft
According to the foregoing, Bombay appears to show a
compared with last year in the week’s receipts of
5,000 bales, and a decrease in shipments of 7,000 bales, and
the shipments since January 1 show a decrease of 131,000 bales.
The movement at Calcutta, Madras and other India ports for
the last reported week and since the 1st of January, for two
years, has been as follows.
“Other ports” cover Ceylon,
decrease
Memphis, Tennessee.—It has rained on four days of the
ra infall leaching fifteen hundredths of an inch.
Picking and marketing are progressing finely. We had a
killing frost this (Friday) morning; the temperature fell to 36.
The thermometer has averaged 64, ranging from 44*5 to 82.
Nashville, Tennessee.—We have had rain on one day of the Tuticorin, Kurrachee and Coconada.
week, the rainfall reaching thirty-five hundredths of an inch.
We had killing frost and ice on Thursday night. Average
Shipments since January 1.
Shipments for the week.
thermometer 65, highest 82, lowest 40.
Great
Conti¬
Great
Mobile. Alabama.—It has rained severely on one day of the
Total.
Continent.
Total.
Britain.
nent.
Britain.
week, the rainfall reaching one inch and twenty-five hun¬
dredths. There has been frost, but not killing, in northern Calcutta—
42,700
1884
82.500
125,200
districts.
Picking progresses well. The cause of the email
86,200
10,800
97,000
receipts this week is that the tributary rivers are lower. The M ulras—
thermometer has averaged 69, the highest being 84 and the
1.500
50.500
50,500
IF 00
week, the
lowest 44.
Montgomery, Alabama.—The weather has been cold and
dry all the week. There lias been rain m some sections here
about, but we have had none in nearly three months and
everything has dried up. Planters are maiketingtheir crops
freely. The thermometer has averaged 68, ranging from 49
to 84.
Selma, Alabama.—The
days have been warm and the
nights cold during the week, with rain on one day but not
enough to do much good. The rainfall reached five hun¬
dredths of an inch.
We have had a frost but not a killing
frost. The thermometer has ranged from 39 to 76, averaging
64.
Auburn, Alabama.—We have had rain during the week,
but not enough to do much good, the rainfall reaching but
two hundredths of an inch.
est 83 and lowe t 45.
Average thermometer 66, high¬
Mad'son, Florida.— Telegram not received.-
Ma-con, Giorgio.—It has rained on one day of the week.
We had white trust this (Friday) morning.
The thermometer
has averaged 07, ranging from 44 to 85.
C lumbus, Georgia.—It has rained slightly on one day of
the week, the rainfall reaching twenty-three hundredths of
an inch.
The thermometer lias ranged from 32 to 78, averag¬
ing 03.
Savannah, Georgia.—There has been rain on two days of the
week, but the rainfall was too small for measurement.
The
remainder of the week has been pleasant, with the nights
cojI,
Average thermometer 68, highest 79, lowest 44.
1,000
22,0o0
1,000
7.500
3,000
55,900
3s, 000
33.500
S9.400
2,000
16,000
46,000
7,500
9,0 no
4 u00
188,900
146,200
76.200
21.860
265,100
1,000
1,000
1883......
All others—
18s4
1883
2,000
Total all1884
1KK3
3,000
7.5< 0
1,500
.
23,000
169,600
The above totals for the week show that the movement from
the ports other than Bombay is 5,000 bales more than same
week last year.
For the whole of India, therefore, the total
shipments since January 1, 1884, and for the corresponding
periods of the two.previous years, are as,follows:
EXPORTS TO
EUROPE
FROM AT,L INDIA.
1883.
198 4.
to all
Europe |
from—
)
This
week.
Since
Jan. 1.
Bombay
!
2,000
1 133.000
All other ports.
j
9,600
205,100
Total
..
..
.
J
11,00 » 1.398.10
This
Week.
1882.
Since
Jan. 1.
This
week.
Since
Jan. 1.
9,000 1,264,000
169 0 >0
•4,000
7,000 1,374,000
i3.ooo 1.432,0 *0
8.20011,657,900
1,200} 283 900
This last statement affords a very interesting comparison
the total movement for the three years at all India ports.
of
Alexandria Receipts and Shipments.—Through arrange"
Messrs. Davies, B'enachi & Co., of
ments we have made with
Liverpool and Alexandria,
we now
receive
a
weekly cable of
Alexandria, Egypt. The following
are the receipts and shipments for the past week and for the
corresponding week of the previous two years.
the movements of cotton at
October 25,
Alexonarui, hyypi,
Receipts <oantars*)—
303.070
11.000
To
Liverpool
To Continent
Total
*
Europe
24,000.
4,0o0
12,000
....
;
Since
This
Sept. 1. \ week. Sept. 1.
week.
Exports (bales)—
1
Sin.ce
This
75,000
81,700
110,009
292,900
140.900
Tliis week....
Since Sept. 1
2 **,000
1
Sinct
This
week.
Sept. 1
-p ■co CO oo
22,000
6,<00
4,500
7,000
ll,000'
28,000
4,500
7,000
e-.
A. cautar is 98 lbs.
This statement shows that the receipts for the
Oct. 22 were 140,000 cantars and the shipments
week ending
to all Europe
12,000 bales.
Manchester Market.—Our report received from Mancheste
to-night states that the market is quiet but steady. We give
the prices for to-day below, and leave previous weeks’ prices
for comparison.
Aug22
••
A.
n 91U
n
**
8° 16
ft- 9*8
•<q. (t> 9xe
5
5
5
5
i
9
pp
“
!7>
9
20
Oct. 3 *5, g 3> 87a 5
“
1' •*!>, (i '7 H '8 5
“
s1 a
if
17 ■< * i
<<
04
O >tVn
Mid
Shirtings.
S.
3r,i« 7 v 13i6 5
d.
s.
7ba©7
7ig4>7
8^2 <2* 7
8*2 97
7
©7
7
©7
5*2 ©6
5 ^ o 0
5 bj 'Mi
5 b> i (>
9
Upli8
d.
Oq
6>ii
9 8?
1 ^2
Cm
lb?
(Da
O
0
19*2
lobj
19
19 *2
o:q<5
d.
d.
Shirtings.
s.
5
8q 0 9
8lia® 878 5
8:ha© 87s 5
© 8 7s
6
8*4 © 8 78
5t»lK 8:1ia d 8!3i»
0 9
5q
*
i n <t
9
5tl1C)
8 (] <5 © 14
5 <2
5 i
8 To ' 9
8 34
*•
Oott n
Mia
8j4 lbs.
32* Oop.
IWiSt.
5
5
5
5
5
5
5
d.
0
6
0
0
6
6
s.
0
07
07
07
07
07
07
07
©7
07
7
07
0
6
d.
0
0
0
0
0
Up as
4
55a
5»a
5111.
5‘V
5iq,
0
534
lbi
lbs
57a
lbs
51e1(.
■lbs
6
6’g
Alexander & Co. have issued tins
skeicli of the cotton outlook for the
past and coming seasons
by the firm; following that, are two
letters from Mr. Ellison,
as
butts at the moment and few
usual full of facts of such real interest to the trade
that they
widely and eagerly read. Then comes a capital picture
of Mr. Loring, the Commissioner of Agriculture.
We have
never met Mr. Loring, but after looking at this engraving no
one would have to be told that he wras born and bred in Mas¬
sachusetts and has the odor of Plymouth Rock about him,
for he shows it in every feature.
These are, of course,
only the beginning of wdiat this annual contains. Yet we
have no room for more, and perhaps we should not have said
so much, for we may be only tantalizing the reader as the
will be
book is not for S'de.
parcels
are
Prices
being taken.
steady and sellers are quoting up to 2c. for paper grades,
while bagging qualities are held at 2j<i$2r\j'e. according to
quantity.
are
Comparative Port Receipts and Daily Crop Movement .
week
their very tasteful and extremely useful cotton annual,
it
seems almost a pitv that it is for private circulation only, for
it presents dull business facts in so attractive a form—such a
happy combination suggesting both work and play, the partner¬
ship no industrious man can afford to dissolve—that we wish it
were within the reach of every one.
On the first page is an
artoty] e of the United States Treasury building at Washing¬
ton—from a photograph by Falk, whose pictures are always a
study, for he is a real artist—which exhibits at a glance all the
good points, but none of the poor ones, of that representative of
the people’s money-bags.
Next we have a brief but suggestive
Messrs. Latham,
Bombay to¬
day states that accounts are, in general, less favorable. Rain
is reported in most districts, and the crop has been slightly
damaged therefrom in Oomrawuttee.
Jute Butts, Bagging, &c.—The market for bagging lias
been quite active and buyers are taking parcels more freely.
There is more disposition shown by the trade to take large
parcels, in order to take advantage of the discount which
is being allowed by sellers, and some 6,000 rolls have been
placed of various grades. Prices are steady and the market
closes at 9-T£c. for DT lb., lOf^e. for 1?<£ lb., lie. for 2 lb. and
11:}4C. for standard grades, with a discount of 2}£($5 per cent
according to size of order. There is only a light demand for
—A
8H lbs.
5
2e
Sept.;
-
d.
8 x2
East India Crop Prospects.—Our cable from
1883.
1884.
32* Oop.
Twist.
put in operation. It could not he done at once as contem¬
plated. At a ballot taken to-day (Friday) the yeas numbered 103
and the nays 131.
The proposition is consequently defeated.
he
1882
1183.
1884.
October 22
4(57
CHRONICLE.
THE
1884.]
comparison of the port movement by weeks is not accurate,
the weeks in different years do not end on the same day of
the month.
We have consequently added to our other standing
tables a daily and monthly statement, that the reader may
as
constantly have before him the data for seeing the exact relative
movement for the years named.
The movement during
September, 1884, and previous years, has been as follows.
Tear
Monthly
Receipts.
1881
\
345.4451
■b'pt’mb’i
Pere’tageof tot. port;
receipts Sept. 30..!
1883
313,812
07-09
Beginning September 1.
1882.
1
188^.
320,056!
1
1
05 13
429,771
1
09 10
1880.
1879.
458,478
333,043
06 07
07-80
Tins statement shows that up to Sept. 30 the receipts at the
ports this year were 1,633 hales more than in 1883 and
18,789 hales more than at the same time in 1882. By adding
to the above totals to September 30 the daily receipts since
that time, we shall he able to reach an exact comparison of
the movement for the different years.
1881.
00 ■X to
1883.
1884.
1879.
1880.
1
345,445
Tot. Sp.30
23.830
Oct. 1
“
2....
22.500
44
3....
33,811
4...
22,595
44
429,777
458.478
333 0 43
S.
19.012
35,186
30.981
8.
31,901
20,785
21,495
25,177
30.037
8.
35,016
25,140
27,147
39.051
25,784
25,535
33 555
8.
23,398
43,031
25 374
37,355
25,104
25,809
21.335
243,912
33,593
23,803
23,430
21,985
320,656
44
5....
S.
35,295
44
0....
49,645
27,124
,4<
7....
37,205
8.
32,409
36,417
21,231
44
8...,
28.92
?
48.009
S.
33,710
44
9....
24,321
29,785
49,519
8.
44,019
30,580
44
10....
51,559
28,847
27,130
42,489
8.
35,621
44
11....
29,984
35,015
21.839
33,937
21,819
44
12...
S.
59,457
29,132
32,604
26,909
37,( 97
8.
44
13....
50 4-9
32.929
40.454
26,244
34,515
44
14....
30,503
S.
33,315
38,805
33,770
41,177
27,876
23,504
44
15....
37.318
58.919
8.
26,144
39,850
26,622
44
16....
33,958
31,531
8.
44,637
44
17....
51,( 37
38.403
55,598
31,085
43,315
8.
23,825
40,395
44
18....
38,578
40.049
31,156
21.81 1
35.729
31,763
“
19
S.
55,385
39,4 L7
23 252
37.058
8.
44
20....
60.755
31.727
51,128
33,804
25,050
31,"01
43,101
32,554
25,507
35,566
meeting of the mem¬
8.
30,955
43.933
44,145
‘21....
8.
61.481
4.8,360
22
30,99s
35,977
proposed repeals and amendments
8.
29 1(54
43,1.335,713
23
44,145
regarding “Inspection of Cotton,” which had been called
S.
01.724
30,060
24....
33,572
42,051
42,970
for the 20lh inst., was adjourned to the 22d on account of the
Total
absence of members who attended a political meeting on that
976,522
1,158,300 1,126,573 1,038 901 1,003.823 1,175,179
Percentage of total
day.
2.3-23
17-26
20-41
22-5 t
19-52
port ree’pts Oof 2 4
Mr. M. B. Fielding, after arguing that the projectel plan
This statement shows that the receipts since Sept. 1 up to
was contrary to the charter of the Exchange, criticised some
'o-night are now 31,787 bales more than they were to the same
of tlie particulars and declared them to be unjust and imprac¬
lay of the month in 1883 and 119,396 bales more than they were
ticable. Mr. F. W. Williams read part of the charter, and
to the same day of the month in 1882.
We add to the table
expressed lus surprise that the power conferred thereby t<> the percentages of total port receipts which had been received
mike the alterations should be disputed.
He explained to October 24 in each of the years named.
Shipping News.—The exports of cotton from the United
and defended’ the new
measures
against the attacks
States the past week, as per latest mail returns, have reached
of the first speaker.
Mr. (leorge E. Moore opposed the 125,317 bales. So far as the Southern ports are concerned, these
changes, because they interfered with the business of ire the same exports reported by telegraph, and published in
With regard to New York we
lie was also of the opinion that they the Chronicle last Friday.
actual cotton brokers.
include the manifests of all vessels cleared up to Thursday
put too much power into the hands of rich speculators, because
night of this week.
Total bales.
through buying up a large number of certificates they ,could
Mr. John 11. Inman objected to the New York—To Liverpool, per steamers Ariz ma, :>2r> ...Aurcontrol the market.
ania, s 14
Celtic. 1,390
City of Chicago. I,s77
bt.
Louans; 5.97/..:
IO,97S
charges as being excessive, and lie also explained how the sys¬
To G .sp w, per j-triimcr Uiirnesia, 300.
360
tem could not work at times.
Mr. S. Ranger did not approve
T«» 11 nil, pel1 steamer Li-pauto, 1,S2<»,
1.s‘jO
To II \ r *. per st« a'ue.r Am r <pm, 2,100.
2,100
of a law that would prevent him from inspecting and receiv¬
To ureme i, oer steamer Eider. 460
400
To
'.amiairv, pers:earners Hohemia,
Wielaml. 1.02-1
2,530
ing cotton on contracts purchased for export, but thought it
To A im-terMam, per steamer Zaa mlam, 1,12 {
1,133
might he satisfactorily amended. Mr. Wm. Woodward do
To Antwerp, per t- teamers lie.mil..1 5 OO
WaeslamI, 2.007
2,107
•o Ge
<>a, p-r st< arner bunvy, 1, ,OU
clared it to he quite impossible for one inspector properly to
1.400
NOW Out,Ean>—To Live) poet, pel- s’e mei s Al eia, 0, 00
perform the requirements of the proposed new by-laws. Oc¬
15.375
(Toledo, i,SoO.
11istorian.-),.4 2o
To Piemen, per steamer Ai row, 4,750
4.750
casions might aiise when fifty would not be sufficient.
Mr.
To I'.areoionu, per steamer Navigation. 2,9.0
2,940
Woodward also wanted a later time fixed for the new plan to
To Vera Cruz, p r steamer Whitney, 205
305
New York Cotton Exchange.—The
bers
for discussing the
44
44
“
44
...
’
a
.
i
..
...
THE
468
IVOL. XXXIX,
CHRONICLE
Total bales
Savannah—To Bremen, per 6teamer
Elpis, 5,830
5,SeO
3,940
5.050
4,5C8
Irtliington,
0,450
6,964
To Reval. i>er steamer Stratheden, 3,040
To Barcelona, per steamer Ilawarden, 5,050
Charleston—To Liverpool, per steamer Westergute, 4,508
To Bremen, per steamers Dunliolme, 4,261
5, ISO...
;
To Barcelona, per steamers Ardandhu, 2,0c9 — Mayaguez,
Per bark Skudenms, 1,332
Galveston—To Liverpool, per steamers
Enchantress, 4,000
2,913
Australian, 6,123 —
Wilmington—To Liverpool, per bark Harriet Campbell, 2,115..
"Norfolk—To Liverpool, per s’earners Catalan, 3,024
Eduardo, 5,€00 ..Lord O'Neil, 8,975
Baltimore—To Liverpool, per steamer Nova Scotian, 2,011 —
To Bremen, per steamers Braunschweig, I, ilo
Hermann,
10,123
2,115
17.593
Boston—To Liverpool,
3.346..
1,633
121
.125,347
Total
follows:
Lirer-
poo!-.
10,973
New York.
N. Orleans.
',375
i
Savannah
Charleston.
4.50 8
Galvesiou..
10.123
Wilmington
2.115
17,599
Norfolk....
Baltimore..
Boston
2,011
4.312
Philadelp'a
1,6*3
Fran..
121
A msler'remeu (lam,
Unit <0
(Jias(jaw. Havre.
2.1.60 2,100
-
-
.
.
.
,
......
.
...
.
2,990
4.750
5,850
......
......
..
,
..
4,540
3,940
9,450
,
.
......
...
.
3,940
5,050
6,961
•
.
.
395
Total.
2 LI83
24,460
14.'•40
20,922
10,123
2,115
......
...
......
.....
......
......
3,023
....
17.599
5.034
......
......
......
......
......
......
4,312
1,033
121
Galveston—For Liverpool—Oct.
1,000
59,000
5,000
16,000
273,000
21,000
41,000
34,000
19,000
98,000
62.000
6,000
"
265,000
46,000
470,000
252,000
76,000
37,000
165,000
136,000
59,000
184,000
158,000
487,000
113,000
110,001
Tuesday.
Quiet.
57ig
5716
5718
5%
12.000
15,000
10.009
10,000
5r,6
10,000
10,000
1,000
1,000
1,000
1,000
1,000
1,000
Quiet
Dull.
aijd
steauy.
Firm.
steady.
Dull at
2-64 d •Cliae.
Easy.
Firm.
Du 1
but
steady.
Steady.
Steady.
and
Steady.
Very firm.
\
declining.
supported
5Uie
)
12:30 p.m. (
j
Dull and
barely
Easier.
5«j
*2
Futures.
5 P. M.
-
£>uig
Market,
Market,
Friday.
Thursd’y
Wcdncs.
5
5
Mid. Upl’ds
Mid. OrlTiS.
5 ^
Quiet
The opening, highest, lowest and closing prices of futures at
Liverpool for each day of the week are given below. These
prices are on the basis of Uplands, Low Middling clause, unless
5,354.
18—Steamer Marseille,
6,210—Oct. 23—Steamer
4,475.
1,270.
For Antwerp—Oct. 18— Steamer Marseille,
For t-arcclunji—Oct. 21 —Steamer Juana. 2,936.
For Malaga, Oct. 18—Steamer Elvira, 2,3u0.
For G noa.-uct, 23-Steamer Coventiua. cOO.
Norfolk—For Liverpool—Oct. 17—steamer Saturnina, 6 1 32.
Boston—For Liverpool—Oct. 17—Steamers Samaria, 57; Venetian, 2,3C5
Oct. 21— Si earner Iowa,
.
For Yarmoutp, N. S.—Oct. 20—Steamer Dominion, 55.
Baltimore—For Liverpool—Oct. 20—Steamer Oranumre, 3,617,
Piiiladei fhia —For Liverpool- Oct. 21—steamer Pennsylvania, 1,505.
p—Oct. 21—Steamer Z»
i
Open High Low. Clos.
5 32
October
eland, 1,400.
give all news received to date of disasters to vessels
carrying cotton from United States ports, &c.:
Acacia, steamer (Hr.), at Galveston, loading for Liverpool, was dis-5
covered to bo on tire on the afternoon of Oct. 19. The Acacia had
we
been loading cottou for several days pa-t and had 2.300 bales
aboard. The tire had been burning several hours before it was
discovered. The suamer was th oded with salt water by the city
tire department,
l lie steamer was pumped out,
discharged. Damage not y< t as< eitaine<>.
•
j Open
Opm\uigh
High Low. Clos.
Low. Clos.
ft.
ft.
d
ft.
ft.
ft.
ft.
ft.
ft.
d.
ft.
5 32
5 32
5 32
5 32
5 32
5 30
5 80
5 27
o
2«
52;
528
Oct.-Nov....
o
32
5 3z
5 32
532
5 S2
5 32
5 SO
53i
5 27
5 23
5 27
5 23
Nov.-Dee..
5 33
5 33
5 33
5 33
5 33
5 33
5 30
5 30
5 28
5 28
5 23
5 28
Dec.- Ian....
5 30
5 38
5 33
5 38
5 35
5 35
5 32
5 32
| 5 30
5 30
5 30
5 30
Jan.-Feb—
538
5 3S
5 33
5 33
5 37
5 37
5 34
5 34
:
5 33
5 32
5 33
5 42
541
541
5 3S
5 38
|
5 32
5 36
5 37
5 31
5 37
Feb.-March. 5 42
March-Apr. 5 45
5 42
5 42
5 45
5 45
5 45
5 45
5 45
5 42
5 42
| 5 40
5 41
5 40
5 41
April-May..
5 49
5 49
5 49
5 49
5 43
5 43
5 40
5 48
5 44
5 45
5 44
5 45
May- lune..
5 53
5 53
5 53
5 53
5 02
5 52
5 50
D 50
5 43
519
5 4S
5 49
June-July..
July-Aug...
Savannah—For Liverpool—Oct. 21—Steamer Lancaster, 5,831
Oct.
22—Steamer Jesmond, 4.103.
For Reval, Oct. 18—Steamer Swaledale, 4,500
Oct. 21—Steamer
Hatfield, 5,<00.
For Baicelona—Oct 21—Steamer Norfolk, 5.509.
Charleston—For Liverpool Oct. 23—Steamer Stranton, 4.428.
Oct. 18 — Bark
For Barcelona—Oct.
17—Bark Ignazio, 1.072
Espana, 1,750—Oct 21—Steamer Apoio. 4,803.
Tues., Oct. 21,
Mon., Oct. 20.
Sat., Oct. 1 S.
d.
17—Ship Julius, 3,633 — Oct. 2C—
Rouen, 7,775.
For Bremen—Oct. 18—Steamer Corona,
Below
1,00(
41,000
7,000
289,000
Ilardeu’g. Harden’".
^
carrying
down to
Aifierican, 3,495—
Marciano,
For Antv\ ei
Market, t
12:30 p.m.
395 125,347
bales to Genoa.
Steamer Regius, 9,027
Oefc. 21— Steamer Empress,
For Biemcn—Oct. Is—Steamer Weser. 4,0i9.
New Orleans—For Liverpool-Oct. 17—steamer
Oct. 21—Steamer Explorer, 4,071
Oct 22—Steamer
3,9« O.
1,000
43,000
9,000
7,000
504,000
otherwise stated.
2.180
Below we add the clearances this week of vessels
cotton from United States ports, bringing our data
the latest dates:
For Havre—Oct.
c
57,000
6,000
4,000
532,000
Quotat’ns
Spec.ifc exp.
......
^
2,InO 20.063 8.483 15,954
Included in the above totals from New York are 1,400
64,775
Total..
7 8.COt)
5,000
1.000
Saturday Monday.
Spot.
Sales
Ham- A utw’p Farce- Vera
Ct\ z.
buro. <C lie cal. Iona.
.
.
....
.
8an
arranged in our usual
particulars of these shipments,
are as
58,000
8,000
2,0 L1
Philadelphia—Po Liverpool. per steamer Illinois, 1,6.>3
San Francisco—Tc Liverpool, per shii> Wa.sd.de, 12 L (foreign)..
Tlie
60,000
5,000
The tone of the Liverpool market for spot3 and futures each
3,023 day of the week ending Oct. 24, and the daily closing prices
per steamers Cephalonia, 966. ..Missom i,
of spot cotton, have been as follows:
4.312
1,613
form,
72,000
5,000
Sales of tlio week
bales.
Of wlii' li exporters took —
Of which speculators took..
Sales American
Actual export
Forwarded
Total stock—Estimated
Of which American—Estim’d
Total import of tlie week
Of which American
Amount alloat
Of which American
Oct. 24.
Cel. 17.
Oct. 10.
Oct. 3.
Aug.-Sept...
....
....
....
....
....
....
....
....
....
....
....
....
Weilnes., Oct
.
....
.
....
....
....
....
....
....
....
....
...
....
....
....
...
...
..
.
....
....
....
....
Thurs., Oet. 2;l
Fri., Oct. 24.
Open High Loxv. Cl08.
Open High Low. Clos.
22.
Open High Low. Clos.
....
d.
ft.
ft.
d.
d.
ft.
d.
d.
ft.
d.
d.
d.
October
5 2G
5 23
5 28
5 26
5 23
524
5 23
521
5 25
5 25
5 24
5 24
0ct.-No>...
5 20
5 26
5 20
5 20
5 23
5 24
5 23
5 24
5 25
5 25
5 24
5 24
5 25
5 23
5 25
5 25
5 25
5 24
5 24
Nov.-Dec...
5 28
5 20
5 20
5 20
5 23
Dec.-Jan....
5 28
5 29
5 23
5 29
5 23
5 27
5 20
5 27
5 27
5 27
5 27
5 27
5 29
5 30
5 29
5 80
5 30
5 3)
5 30
5 30
!
5 31
5 32
531
5 32
Feb.-Mareh. 5 35
5 35
5 35
5 35
5 33
5 34
5 33
531
5 31
5 31
534
5 34
5 36
5 38
5 36
5 3S :
5 33
5 33
538
5 33
Jan.-Feb
...
Vlarch-Apr. 5 3b
5 39
5 3)
5 89
5 43
5 43
5 43
5 43
5 40
5 42
5 49
5 42
5 42
5 42
5 42
5 42
5 47
5 47
5 47
5 4?
541
5 45
5 44
5 45
5 45
5 40
545
5 40
April-May..
May-June..
June- tuly
•
•
....
•
July-Aug...
....
....
...
Aug.-Sept...
....
....
...
.
.
....
....
....
....
....
....
....
....
....
....
....
....
....
....
....
...
....
...
....
....
....
....
....
*
....
•*
*
*
*
*
and ihe cotton
Ameriqde, steam' r (Fr.». at • ew York, loading for Havre. A fire broke
out at 2 A. M of Oct. 22 in the c> t on in the ho d of the steamship
Ainerique of the Compaunie Generate
piomptly «■ xnnguished by thetiremen.
cotton were
damaged.
lYans-Atlantiquo. It Was
About tweniy-tive bales of
Gallkgo, steamer (Span.), Gorncza, from New Orleans for Liverpool,
was towed into Havana. Oct. 22. by sunnier Lone 8tar, Mason
from Galveston for New York. The Gala go had lost rudder ia a
hurricane on the 15th. Her cargo is all right.
„
Cotton
freights the past week have been as follows:
Satur.
Afou.
Tuts.
Wednes
Thurs.
Fri
sail...e/
Havre, steam—c.
Do
Bremen
Do
sail
c.
....
....
....
....
....
....
7tc>*
7iU
7l(}*
71G*
7lb‘
71G*
....
....
....
steam, c.
sail
c.
....
Hamburg, steam. <\
Do
sail
c.
.
-
.
....
HR
V
....
....
....
V
3s
...
...
....
In-
V
...
....
...»
38'
...
-
...
5213-551 >2Li-55l
Amst’d’m, steam.c. 52 Lj-r>5l 52^-551 52L>-55i 52 Lj-551
Do
sail-.c.
-
--
sail
c
....
....
V
Barcelona, steam, c.
'•'kF
Genoa, steam—c.
‘•lH*
Trieste, steam
c.
Antwerp, steam, c. l3tM*716*
.
yisA"
«16*
y»»'
9lfl'
®iu*
9i«’
13cF
only
°ig’"
U1G*
‘3t.4*
°i«*
October 24, 1881.
a
ample.
fairly active, both for export and on specula¬
Tlie visible supply is
have latterly been de¬
pressed. The French markets were at one time strong, and it
is claimed that there is a possibility of an import tax on wheat
being levied at French ports. There is very little desirable
spring wheat here, but there is an ample stock of white, while
there is a liberal supply of red.
There is some old No. 2 spring
here worth 7.8@ iDd." and No. 2 Duluth to arrive is quoted at
about 82c.
Some business has been done in No. 2 Northern
si>ring to arrive. To-day the market is slightly lower.
tion, with prices latterly declining.
increasing and the English markets
DAILY CLOSING
I BICES OF NO.
Sat.
....
....
,
moderate extent at easier prices.
Choice patents have sold the most freely, though the export
demand for city-milled flour has shown some improvement.
Winter wheat extra and spring wheat grades have been espe¬
cially plentiful, though the supply of all grades has been
Flour has sold to
d. i)ao«'5is* »32®3l0* 932© 5 lb* *13a'«'3Jb‘ °32 & rT6 93-j^5IG
Reval, steam
Do
Friday, P. M
Wheat has been
Liverpool, steam L 31(>-1-’GI* :!16~l3t4‘ 3le/-*364* 3lfa*lsei* 3lb~13b4* 3lb~13t1*
Do
BREADSTUFFS.
Alloat
November delivery.
Dcccmb r delivery.
January delivery...
....
Mon.
2 RED WINTER WHEAT.
Tucs.
8 7
80I2
.89
8-lt!s
Sfi:i8
81*4
8i~s
86
S81!
88'
8» r*
8S
Wed.
88
85*3
87 'cj
8 9 is
Fri.
Thurs.
SUL,
84^3
8o x4
S3'*8
'
86
84 h
86%
83*4
corn has been only moderately active at declining
depreciation has been greatest in corn on the spot
The
Compressed.
i Per 100 lbs.
and for November delivery.
The weather at the West of late
Liverpool.—By cable from Liverpool, we have the following has been clear and cold, and bang therefore very favorable
statement of the week s sales, stocks, &c., at that port.
Wt for drying the corn, the effect on prices has been w< akening.
There has been a moderate export trade in mixed corn. There
add previous weeks for comparison.
*
13,4<
13.F
13
4*
Indian
prices.
little white or yellow corn on the market.
day the market is a fraction lower.
has been very
NO. 2 MIXED.
TTerf.
Tues.
60
60
1)AII.V CLOSING PRICES OF
Mon.
60
Sac.
60
Afloat
October delivery
November delivery
December delivery
'
January delivery
58
57%
55%
57%
56%
50%
48%
•
50%
55%
50%
48%
48
•
.
The total receipts at the same ports for the period from Dec.
21, 1883, to Oct. 18, 1S84, compare as follows for four years:
Fri.
Flour
57%
56%
....
54%
50%
48%
To¬
1881-82.
1980-81.
J0,5S7,720
10.893,273
9.505,012
10,356,525
bush. 55.219,743
38,033.456
26,633,249
52,053.733
73,923,160
25,533,752
63,572.524
26.486.693
23.432,041
79.519,946
90.081,227
23,300,877
2,922,755
4,503,099
2,506,769
4,275,323
3,110.310
1,263,196
1882-8.3.
1883-84.
T/utrs.
59
•
469
CHRONICLE.
THE
25, 1884.]
October
52
50%
52%
50%
47%
48%
Rye and barley have been rather quiet, but the latter has
Oats have sold to a moderate extent at
some advance, though to-day the market was a fraction lower
been well sustained.
bbls.
Wheat
Corn
Oats
Barley
Rye
..
Total gran
2,892.043
1,410,528
197,204,621
from the several seaboard ports for the week
The exports
122,SG4,799
153.895,733
...127,112,902
yesterday. No. 2 mixed sold at 32c. for November and ending Oct. 18, ^854, are shown in the annexed statement:
32^(^82^30. for December.
Exports
Peas.
The following are closing quotations:
Cats.
Flour.
Corn.
Bye.
Wheat.
from—
than
FLOUR.
No
Fire
No. Z
extra
No. It xu
a
Superfine
Spring wheat extras.
3 00®
4 00®
4 50®
5 00
5 90
3 75®
Minn, clear and stra't
Winter shipp’g extra s.
Winter
clear
and
straight
Patents, spring
5 40
4 55
5*4 85®
Patents, winter
20
65
65
00
00
75
5 CO
3 75
2
2 25 a) 2
3 00a> 3
5
o 50®
2 Go © 3
3 15® 3
$ bbl. $2 10©
grade..
City Mill shipp’g ex.4 50®
5 60
4 25
3 95
4 25®
3 25®
Rye flour, superfine..3 50®
family brands
3 00® 3 40
Brandwino.
3 403
Spring, per bush.
Spring No. 2
Red winter, No. 2
66
81
Red winter
White
White No. 1
68
®
80.®
©
©
84% ®
87
82
86
91
85
85
"
®
Rye—Western
60
®
Oats—Mixed
62
®
®
69
33
40
32
87
©
Sl%
®
65
Chicago.......
Milwaukee
.
859,115
2,892
2,357
8.S01
30,530
Detroit
..
1,15*0
84,725
745,832
276,653
260,0S4
2*59,833
3,745,795
944 357
2,143.595
1,850.047
015,003
Peoria
Duluth
Same wk. ’82
8Ince July 28
1884
73,000
2,340.287
2,174,053
2,105,507
1883
18S2
.
2,184,131
13,120
12,(303
29,285
112,137
21,088
430,330
8,503
21,000
24,510
1,801,999
1.3(5 >,853
90*9,273
595 809
161,089
695,059
203,783
118,073
085 41(5
Aug. 27 to
Vrt. 20.
Aug. 25 to
Oct. 18.
1883.
Aug. 27 to
Oct. 18.
Oct. 20.
Bush.
Bush.
Bbls.
813,908
210,377
0,059,230
34.127
89.301
0,031.501
23,59 4
Vest Indies.
97,278
100/41
134.922
On. Kingdom
Continent...
8. & C. Am...
142,849
1.237,003
12.118.335
55.976 090
43,188.813
9.^,4 41.750
29,93 4,985
29.**57.295
3.410.138
3.395,794
2,413,46 L
1,837.363
137,230,194
173,721.015
Oats
Barley
Rye
Total...
1880-81
shipments from Western lake and river
1883.
Week
Oct. 20.
1882.
Week
Oct. 21.
W**1
Oct. 22
195,095
113,095
160,474
11 u.857
370,205
368.587
1,109,431
906,969
195,0 41
521,544
913,798
386,651
588J98
174,8 d)
553.24 0
250 4*5
259.350
208.929
66,911
36,210
73,546
94.799
1.748,055
2.220,790
1,610.803
2.146,061
bush.
2.307,751
1®81
549.028
134,8 '8
ports for last four
Barley,
275,276
2,711,334
2,550.570
Sept. 27. 277,293
2,093,036
1,186.534 1,490,528
Tot., 4 w. 1184.982
4w’ks’83. 886,703
9.662,691
4,737.808 5 671 574
912 969
9.087,194 5,35s,589 1.535.324
The receipts of flour and grain at
week ended Oct. 18 follow:
Flour,
Wheat,
obis.
bush.
142.887 1 1,47**, 360
107.070
103,500
bush.
270.763
220, 17
232,356
189.333
Ryt
bust
115 707
134,014
33 919
.
211.571
599.211
913.295
the seaboard ports for the
Corn
bush.
81.288
165,250
9,572
...
Oats,
4,945
4,862
Jjc)
140,826
852,432
ports, and in transit by
Barley,
bush
busn.
454.750 121.020
26 i, 116
3,500
3,280
1.915
A ug.
Oc*. 18.
Bush.
375
194,159
00,402
10,545
4,182
10,583
8,908.444
1883.
25 to Aug. 27 to
342.948
2,225,700
Oct. 20.
Bush.
C.093,090
1,090,380
254,571
90,254
10,312
100,791
8,857.428
the stocks in granary
at lake and seaboard
rail and water, Oct. 18, 1884, was as
follows:
In store at—
New York
Do afloat (est.).
bush.
5GL76G 1,191,849
363,128
65,294
33,000
15.000
10/73
539.377
3,335,982
579,298
Barley,
Rye,
bush.
bush.
91,370
25,688
177,598
34 000
96,8-sl
J
9,500
15,935
136,065
164,207
176,555
13,123
38 '.674
....
1.199/53
......
.
Oats,
b u»h.
1/00
1.547,715
5,0 *2 450
..
.
Newp’t, News
Corn,
bush.
7,319,856
797,783
Albany
B ittalo
C iioaeo
Wheat,
D ilut.h
1 1*6.599
T dedo
D ^troit
Os wego
St. Louis
Ciuciunati
1,932.180
31,283
34 906
575.-51
174.728
7.467
56 9*8
51,8*22
205,533
13,267
2,160.59 L
2(J7,l* 0
26,3 16
136,508
226.215
60 134
57 Oil
60/30
12 621
9.703
383,328
4,561
1.559
1.462
118,878
7,815
5,556
:
37,132
47 14)
78 0 2
B Mton
Toronto
Montreal
P liladelplna
P-ioria
142,196
607,* 95
10,09.3
119,200
[idiauapolis
Ktnsas City
6*5.466
1,497.305
Baltimore
I) »wn Mississippi.
On rail...,.
On lake
On canal
P,< >08
562.1.0
2.2 4,533
Tot. Gen
Pm 0< t.
Tot, Oct
lin Oct.
Tot. Oct?
.
18, ’84.
2,586,9yo
3 L,010*3 LO
•
•
.
.
-
.
.
...
506
1,200
96,520
221.879
232 225
4 ,100
18.973
13.71 0
55,049
14,308
2,0 3
300,291
5-7,4 08
79,910
21,067
1,439
436
5.958
4.500
5,818
24,274
8/35
1-.924
596
20,317
123,533
95.011
59, *00
69,9 "4
48,200
19*2.46 J
291,371
163.850
6,148.889 4,407.712 1,441,834
807,849
619.193
*0,'*3.
21/92.
29,090.140 6, >45/07 4.1 5/95 1.162.6-4
960,065
30.308,42*5 11,2* 3,344 5, 19 < 33 *.6 9,< 91 2,311.373
14.825,311 3/37.143 4 313.500 2,06-, 135
8i3.719
22, ’81.
20,857,536 27,970,4,4 4,653,273 2,523,603 1,201,865
11. ’*4.
THE
DRY
Ryt
GOODS
TRADE.
Friday, P. M., October 24, 1884.
bust.
67,200
The situation in
1,000
241,237
1:*.777
7,736
Philadelphia...
088
37.946
24.835
103.300
32.500
193.4**0
Baltimore
27,787
281,369
31,100
46,800
12.721
15,050
67, C 81
3,470
22,773
44,901
9,701
4S,oOO
1S84.
1,001.524
The visible supply of grain, comprising
at the principal points of accumulation
...
bush.
ovsh.
3-7,8^3 1.102,881
1.210.348 1.453 269
1.453,068 1.6*24.8-»7
6.612.272
Total.
Milwaukee
1884.
Week
Oct. 18.
The rail and lake shipments from same
weeks were:
Week
Stour,
Oats,
Wheat,
Corn,
7.263
5,207,744
3,743.742
......
1.307,210
bush.
Bush.
Corn.
Aug. 25 to
1,291.557
.....
822,828
1884.
1883.
ISS4.
Aug. 25, to—
3,3 9,833
bbls.
692,518
152,699
Wheat.
Flour.
15,191.0.5
ports for four years:
Bush.
98.586
24.24 3
5.8 72
By adding this week's movement to our previous totals we
of exports since September 1,
14,536,535
the rail
1883.
Week,
Cel. 20.
have the following statement
this season and last season:
32,874.150
182.499,417
58.651
1
139, OOS'l. 178.318
4,005
45,495,520
1.00*)
Newp’t News..
Total tv eek
345.957
356.563 S 5,266.870
9-9.865 1c 2,821 126 *22
Cor. week ’83.. 316,110 1L,238,104 1L.9^3,672 1,024/85 140/278 lo6,028
!
119,029
3,320
53,949.246
..
157,414!!
........
,
0,195
bush.
New Orleans...
Total...
#
•
51
121,012
7,194,165
At—
11.691
5,009
)th. countr’s
1881-82.
New Ycrk
Boston
Portland
Montreal
21,0101!
379,871
Srit. Col’niea
175,62S,745
4..
16/27
498,168
2.317.170
5,112,030
Oct.
11.2811
Bush.
437 9 IS
3.350.3'>1
6,363,494
bhls.
Oct. 18.. 329,854
Oct. 11.. 302,554
5,205
8,541
Ooatin’nt
3.&C.AU1
W. Indies
Brit. Col’s
Oth.o’nt’s
Bush.
679.8SC
4,109,472
1882-83.
ending—
Bids.
*.*4/280
ICO 003
Oct. 20.
3.9S0 380
4,016.931
I33.209!
1884.
Week,
Oct. 18.
Week,
20,301,318
19.004,905
Rye
Wheat..
Corn....
Oct. 20.
Bbls.
7,267,863
Flour
Wtek,
23,211,*’37
Barley
92,613
Corn.
1883.
1381.
Week.
Oct. IS.
1883.
IS 84.
Weclc.
Oct. 18.
’
1883-81.
are
!
33,543 808
43.739,920
135,5491
Wheat.
30.701,113
68.811,612
44,765|
2.3351
139,098)
852,432|
40 402,391
38,371,502
91,366,401
41,1.11,167
6.528,552
5,091 795
Below
Exports !
715
9,847,074
....
157,111!
{
The destination of these exports is as below.
We add the
corresponding period of last year for comparison:
15,373
bbls.
Total grain
i
j 14.0,826j
Bbls
comparative shipments of flour and grain from the same
ports from Dec. 24, 1883, to Oct. 18, 1S84, inclusive, for four
years, show as follows:
Wheat
Corn
0*18
263
1
822,826!
On.King.
The
Flour
16.623
7,894
....
1,178,31S
91,505
5
33,004
12.857
.
t
\
Uvports since
43,000
150,025
1,103
27/205
Rye.
Barley.
11,050
17,692
5,288
S.050
84,745
130,590
350,008
9,750
8t. Louis
Tot.wk. ’84
Same wk. ’83
419,280
.
®
Bbls.imb/ Bush.00 lbs Bush.50 lbt Bush. 32 lbs Bush.48lbs Bush.5M95.108
083 952
1,094 90(5
224,330
910.980
11*3.3(50
13 440
23,900
212,314
4,000
81,792
341,411
Toledo
Cleveland.
Oats.
25,714
Bush.
118,921
41,390
76,196
......
for week
to—
Oct. 18 and since Aug. )
Corn.
Wheat.
Flour.
20,753
Bush.
Bush.
Bbls.
Flour.
32%
The movement of breadstuff's to market is indicated in tin
statements below, prepared by us from the figures of the New
York Produce Exchange. We first give the receipts at Wester
lake and river ports, arranged so as to present the compara
Receipts at—
25 1,1 76
23.923
663
362
Total w’k.
S’n e time
18«3.
62%
o7%®
®
31
31 % ®
31%
State
tive movement for the week ending
for each of the last three years:
141,656
62,977
..
White
No. 2 mixed
®
No. 2 white
54 ® 57%
56% 5 57% ! Bariev—No. 1 Canada
77
i
No. 2 Canada
®.
State, two-rowed.... 60
®.
State, six-rowed
70
® 62
Corn—West, mixed
West. mix. No. 2.
White Southern..
Yellow Southern
Western white
37,604
X. News.
GRAIN.
Wheat-
50,378
N Orl’tis
2 40
Corn—
Western Yellow
Boston...
Montreal.
Piiladel..
Baltin*’re
3 50
Buckwheat flour per
100 lbs
2 15®
Bush.
4 6,060
Portland.
Corn meal-
western, <fce
651,408
Bush.
S nithern bakers'and
Boutli’n stip’g extras
New Yorfc
the dry goods trade has not essentially
changed the past week, the tone of the general market hav¬
sprinkling of near-by
jobbers in the market, but their purchases were very moder¬
ate; wholesale clothiers were also present in increased force,
but their operations were conducted with extreme caution; a
ing continued
very
quiet.
There
was a
CHRONICLE
THE
470
rvoL. xxxix,
Heavy clothing woolens ruled quiet, and cloakings
were sluggish; but a fair business was done
likewise apparent, but altogether the movement from first
in Jersey cloths.
Flannels and blankets were jobbed in fair
hands was conspicuously light. The jobbing trade was hardly
quantities, but the demand at first hands was quite moderate.
Worsted dre;s goods continued quiet, but there wa3 a steadyup to expectations, the weather having been unseasonably
mild, and therefore unfavorable for the distribution of many call for small parcels of plain and plaid all-wool suitings and
heavy fabrics. Reports from most parts of the interior indi¬ sackings. 'Hosiery was in moderate request; but shirts and
drawers, also fancy knit woolens, ruled quiet and unsettled.
cate a
limited demand for small re-assortments
by mail and wire was
seasons.
and stockinettes
sluggish condition of business, and but little improve¬
anticipated until after the Presidential election.
Domestic Cotton Goods.—The exports of cotton goods for
ment is
Foreign Dry Goods
were
dull and featureless in the hands
importers, and sluggish in jobbing circles, but prices of
are fairly maintained by importers.
Some large lines of silks and velvets were sold at auction, but
brought rather low prices.
of
the most desirable fabrics
Britain,
500 to Arabia, 340 to Ilayti, 253 to China, 252 to Argentine
Importations of Dry Goods.
Republic, 147 to Venezuela, 123 to Brazil, 113 to San Domingo,
The importations of dry goods at this port for the week
&c.
The demand for plain and colored cottons at first hands
ending Oct. 23, 1884, and since January 1, and the same facts
was chiefly of a hand-to-mouth character, and light in the
for the corresponding periods are as follows:
aggregate amount, while the jobbing trade was of strictly
H
w
s
s
moderate proportions.
p
§
Some large lots of Southern three-yard
•H
§ tf 5=^3 g
Bilk
sheetings, however, were sold by mrans of very low prices,
a.
J?
0
P
p; r
and there was a rather better demand for cotton flannels. Print
2 7
o: :
S :
: g
P
©;
®:
: : p
III;;!
cloths were fairly act ive and steady, on the basis of 3Uc. for "5
the week were 2,830
packages, including 881 to Great
CP
©
C
Miscel Flax Cot Wool Mamxf!
r-t*
r+
P
t—*
—t*
for 58x80s, at which figures there were con¬
siderable transactions in both “spots” and ‘ futures” to Janu¬
Prints ruled quiet and ginghams were dull.
Print Clotiis.—The following shows the course of the
market during the week:
Ms M-
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Lctober.
December. Total.
November.
©
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Price.
S
Price
Monday..
....
Sales
....
Price
....
Price 3*15
Sales
....
Sales
2,000
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Dull.
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Wcd’day.
Sales
Dull.
3*25
Dull.
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Price
Price
Dull.
3*25
Dull.
Price
....
Price
..
Sales
....
Price
....
Sales
....
Sales
Salts
....
Price
SillC3
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Price
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OF
Railroad Securities
JULY,
.Cargill,
1 884.
DESCRIPTION; IACOJIE ;
BROKERS,
CO'.RESPONDKXFE
PRICES; DIVIDENDS.
$1 0d
Subscribers ol The Chronicle,
75
Price in Red Leather Covers,
I’o
SoLICITKl).
-
•
Ga.
New
WILLIAM
York; William B. Dana X Co.. Proprietors CoMMERi,x Financial Chronicle, and other New York
IS. DANA A
CO.,
ci.\
!
Houses.
70 &
F.
8;
LA I OLRSE, HAVRE
Waldron & Tainter,
! COTTON
1
.
MERCHANTS,
^^97iPEAKLMSTUEET.
WILLIAM STREEP.
FOR
FI oilman n,
| 38 Ul R DE
fvfoic l.uvitiir ' o *r (’at pits. 1 ino’enm. O
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References.—National Bank of
Augusta,
Henry He Iz A Co., Commission Merchants,
s. -
ifA.i
-i
NEW. YORK
SALE.
Chronicle Volumes
SINCE
1
Ciir; rt More, III E'tilfon m., lux-men
r.
ciuaj.i-T pl:e e \u theeity. Ii Lot eoi
vcim. Ml to ( till, send for .-ample.-?.
to lO
©
G E O RG 1 A.
Entire iitter.tion given to purchase''of COTTON
TO ORDER for SPINNERS and EXPORTERS.
ml
’
1
ft
COTTON BROKER AND AGENT
it-i*--
10^
36
AVU UHTA,
|
€ MSPFT§.
© 05 00 to Ig05 X tO y< ©
7-1
Alexander &
OFFICE
C
f
5C
HAND-BOOK
37 Thomas Street
) R.-> A:
OP o
to o< t; © ©
Ksj Z. 1C w- H
B. F. BABCOCK & CO.
COTTON
mills,
-1
pr
50 Wall Street.
STREET,
Bedford St i <-ct.
tV (O Woitii
7
M.
publications.
NQj: AIcE.l
C os
I-*
Represented in New York at the otliee of
BABCOCK BROTHERS & CO.,
i'itelilmrg Worsted Co.,
ix.-'rion, :n
7j
(Cotton.
will have their or
Continental
Ceov^c Wliiitioy,
Lincoln .13ill*.
—
05
to 05 X 4
Receive consignments of Cotton and other Produce
execute orders at the Exchanges in Liverpool
FOR
© ©-ICC
©
<t ©
and
Brokers and Cor¬
AGENTS
-u © ©
-1 to
COMMISSION MERCHANTS,
17 Water Street, LIVERPOOL,
Geo. li. Gilbert UI<g. Co «
Ae JSsigJon Rilb,
freeman jUlir, Co,, !
Ituiiicn A!f'*». < <»., .lame* BMiiliips, .1 r.
M.V; YORK
o»
o 4
f-*
1
310.
E rown, Wood & Kingman
SELLING
O' <1
3*15; Monday, 3*15; Tuesday, 315 ; Wednes¬
Cole,
WILLIAM
i
73
i
cr
5D
© co
AND PRINTER.
IB? .WOVSCIt
h-* O
05 O' on
©
O
© ©CO 10 ©
porations with complete out tits of Account
©
M*
—
ao
—
On c o 3 -1
Supplies Ranks, Rankers. Stock
Sio.
—•
g*.
&
*M
5C
31 J' to X
C5 I- © -J
i*.
(Cotmncvcuil (Cavils.
and Stationery.
5s'?" Now concerns organizing
ders promptly executed.
CO 4- i0-0 -1
© — O' t
X — X © o
X x>
Goods.—Spring woolens for men’s wear
attention from the wholesale clothing
trade, but the actual business done was disappointing to hold¬
ers, clothiers having placed orders with a degree of caution
Fair-sized
seldom witnessed at the outset of the season.
orders were booked for a few of the most popular all-wool
and Union cassimeres and worsteds, but the general demand
was unsatisfactory and
much below the average of formal-
STATIONER
tO 05 X 4- ©
o
more
Sears
©X
U-l
©
X
FAGENE U. COLE, Successor to
X
X
s
c
c
2,000
1855.
©
0»
© :. Co
CO (0
CO on
©
....
Domestic Woolen
ESTABLISHED
: :
x
2.000
with
00
Cl
© to -* M* to
4- O'
O' 7. 00
Price
Total.
have met
00
-J
....
Price
...
1
X -4
r to
-1 to
a
.
to M*
O'
©
5C
K
O'
r-
4-
©
to
■
©
..
Price
....
Sales
Price
Sales
to 3 vt
M
-1
Transferable Notices— Saturday.
day, 310; Thursday, 3* 10 ; Friday,
55
H
K
0
-1W©© *-
on
z
c
>
....
4
Friday....
b
O 01
Price
N'. H* —* 10
- O'
O'- 50
05
X
Price
--
4 4om
4 (0
Vi
j|
: :
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>
■
Dull.
3 25
Dull.
-]( j1
.
—
0,1
71
•Saturday.
•
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Futures.
N i>ots
i:
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;
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MARKET.
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ary.
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—t*
G4x.G4s and
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P
I
1S70.
office possessing t not* vi.tunes Fin e 1870 has
at hand l'or convenient reiererxi- a comp
te and re¬
liable llnaneiai iiistor> ot the pcu d
Pa - ics having
the n.ore recent volumes can ni tjnn fr hi the pub
dsheis n o«t ->♦ the earlier volume- or cj upiete sets
can be
urnished.
A ny
V
73
A:
B. DANA & CO..
WILL.iAM STREET, N UV YORK
ILLIAM
1
8.
@FedFRASER