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xmm
HUNT'S MERCHANTS' MAGAZINE,
RErRKSENTING THE INDUSTRI.VIi AND COMMKRCIAL IXTKliESTS OF THE UNITED STATES,
Wm.

[Entered aoconltng to act of Congmus, In the year ISSl, by

VOL.

NEW

39.

ifc

Co., In tlio offlcn of the Librarian of

25,

Busluesa Founded 170S.
of Etita of Kotr York, 1868.

Alfred H. Smith

Bcorruiilzcd ih;9.
EsGRAVEIlri AMi Pr.lNTEBS OP

H.

&

Co.,

BpMUl fxim

COUHTEBniTnTO.

to proTCSt

njosfiotared ozekciToly

SAFETY PAPERS.

SAFETY COLORS.
Work KxcctilcU in

i^ireproof Buildings*
LITHaGRHPNIC AND TYPE PRINTINS.
KAILWAT TICKETS Or IMI'ROVF.n STYloES.

bbow

W.

S.

Cor. Tblrd

Curd., Luboln, Calendars.

and CUestnot

DESCBIPTIOH'.
ALBERT C. GOODALL, President.
VICK-I-RESIDENTS
J. HACDONOUGH,
-A. D. SHEPABD,
W. M. SMILLIE,
TOURO ROBERTSON.

'••

:

STAYNER. Trcas.
THEO. H. FREELAND, Secty.

ASA.

P.

PoTTEH, Preet.

J.

w. Work, Caahler.

Maverick National Bank,
BOSTON.
CAPITAL,
suaPLvs,

Private wire to

Investment Securities.
Ke» V<irk. Baltimore and other places

9400,000
400,000

a. Tybb.

Member N.

sold.

W.

E. D. VrSE.
V. Stock Exchange.

Vyse & Son,
BANKERS AND BROKERS,
66 Broadway

Bnnch

&7

Exchange Court. N. Y.

OOloe at the Everett House, Union Square

and 17th

&

Street.

&

Gilder
31

Farr,

Securities carried

on
Maqpn. OoTemmont Uimda and other lnve,itnient
BMurlUes bouKht and sold on commtsson. Special
attention to orders by mall or toletrrapb.

17

,

New York.
c. TrwiTKR.

Member N.

T. Stock Bxoh.

BROKER.
Lansdale Boardman,
(>TO€I4

NEUr YORK, ?0 BROADWAY 4 5 NEW 8T,

TROY,

Opposite Stock Exchange.

N. Y., 14

A

15

PHILADELPHIA,
BALTIMORE,
YORK,

Brancb

Office, 320 Broadway.
Connected by i>rlvate Wire.
Jog. C. Walcott.
1 Members of the N. T. Stock
Frank F. DirKiNBOX.t and Mining Exchangee.

Geo. K.
16

Sistare's
DEALERS

DEALERS

Bny and

on Commission, for cash or on ma^
New York Stock

Sell

IN

Co.,

NEW YORK.

W^ALL STREET,

ALL KINDS OV

Railroad and InTestment SecnritieBs
BOITTBBBII

BaCUKirm A

BrECIALTT.

&

A. Kohn

J.

Co.,

BANKERS AND BK0KKK8.

19 Broad St.,N. Y., .lIlIlaBuIIdtna:,
Transact a Ueueral Banking: BuHiness.
Foreign Rxchange, Bonds, Stocks and UiseeU^
neous becuritles bought and sold on commission.
JL'LIITS A. KOBN. DATIO OCBS. MOBITX OOBg,
Memb.N.Y. Stock Exch.
Memb. N.V. Stock EX.

Hiram Diwino. Clare D»wn«o. r. T. BoNTXcor.
(Member of New York Stock Exchange.)

H. Dewing & Son,
BANKERS AND BROKERS,

IN

FIRST-CEASS INTESTSIENTS.

&

Simon Borg
No. 8

New York.

18 Broad Street,

dc

Sons,

PA.,

CHICAGO.

and Loans Negotiated.

Dcposiu received subject to Draft.
Interest Allowed. Investment Securities a Speolaltj
Issue a Financial Report Weekly.

No. 18

WaU

Street,

New York.

Stocks and Bonds Bought and Sold on Comtnlsatoa
Accounts received and Interest allowed on bal.

which may be checked for at

lances,

sight.

jAHZa Whitelt.

HALL BOILDINQ

Private Wire to Troy.
Seourllles carried on mamln. Interest paid on bal'ncrs

11.

R.

No. 63

Chdoek Oari.kt,

TRAVXH8, Special

&

Partner.

Whitely,

Boston and Itttsburg.

Hamilton

&

Bishop,

BA.SKKKS AND BHORER3.

and
Ues

Bell

Rochester.

iraw on
fl^^eclal

Utlcii,

citv

Bufiuio, Cleveland and Chicago
o' Ix>ndon In amonnu to suit.

Rank

attention given to BecnriUes tor Investment

&

Chew,

STOCK BROKERS,
3

EzcbanBeCoart* S3 Broad war,N.T

Stocks, Bonds and U. 8. Goveniment Saouttlea
Bought and Sold on Com Mission.
B>TBU,T CK>W.
JAS. D. BIMONI,
Member N. Y. Stook Wrehange.
Mesaber {(. Y. Pradnee Exebaage.

Jobs Pohoul

PINE STREET,

Accounts of Banks, Bankers and others received.
Interest allowed on Balances. A strictly Commission
Business In the purchase and sale of stocks and bonds.
Private Teloiiraph Wire to Albany, Troy, Byraooje,

Banking Boslnees, bsy
Government Bonds and Investment 8e«nrl>

Simons

NEW YORK.
(Members .New York Stock Exchange.)

No. 36

CEDAR STREET.

In addition to a General

No. 64 BROADWAY, NEtY YORK.
YOE
180 Fifth Ave., New York.
BRANCH Orncisj B39
16th St., Washington, D. C.
Bny and sell on commission all classes of Railroad
SecarltlesMUso Grain and Provisions.
Private Telegraph wires to Philadelphia, Wilmington. Baltimore, Washlnston, Bridgeport, New Uaven,

Co.,

BANKERS,

UAHRY C. LOOAN.
MATyARU C. EVKB,
HENRY H. DonoK, Washington, D. C.
Wu.

&

Gilman, Son

Interest allowed on dally balances.
All deposits subject to check at sight.
Particular attention to orders by mail or telesrraph

Prince

TIIVKER ac WESTOar,
BANKERS AND BROKERS,
No. 2 EXCHANGE C O B T
R»l88III.An WISTON.

Members of Now York A Philadelphia Stock Kxeh'gaa
FKirATE WlItES 10:

Stocksand Bonds boufcht and sold on Commission.
Orders received in Mlnins Stocks, and In Unlisted
Dividends and Interest Collected.

and Railroad Com-

J ohn H. Davis & Co.,
BANKERS AND BBOKERS,
No. 17 WALL ST., NEW YOBK.

Co.,

BANKERS AND BROKERS,
No. 24 Pine Street, New York.
Transact a general Banking BnsineaB
Securities. Collections made

classes of Stacks
15artker>

panies.

Exchange.

BR0.1D ST., NEW ¥OBK.
BANKERS AND BROKERa.

HiWBT

&

C. Walcott

.

-1.'

gin. all secnrlUes dealt in at the

33

Interest paid on Balance...

J

We

Aoooants of Banks and Bankers solicited.
Collections made upon faTurable terms.
OoremmeDt Bonds booKht and

Tbomas

Sts.,

Deposits received subject to check at sl«ht, and
Interest allowed on dallr balances.
Stocks, Bonds. &o.. bought and sold on commission In
Philadelphia and other cities
Particular attention trtven to information reftardlng

BLANK BOOKS OP EVERT

5. H.

Co.,

PHILADELPUIA.

nio of tht

Uit

Sc

BANKERS,

FROM STEEL PLATES,
With ip«eUl UiOEUUdi

H. Taylor

Members N.V. Stock Exchange.
FmsT-rl.AS.1
l.V
INVESTMENT
>

Members N. T. and Philadelphia Stook Exchanges

L.

Co.,

•

182 BroadTray, Cor. John Street

artistic style

&

DEALERS

Buy and sell on cand Bonds, for cash
Agents for Banks,

Foreign Covernments.

KNOUAVINU AND PRINTING,
HANK NOTES, 8HAKI': flOKTIFICATES,
IU>M)<<
FOR CiOVEBNMKNTS AND
COltl'ORATIONS. DRAFTS, CHECKS,
BILI.S OF EXCHANGE, STAMPS, Sic,

FRANK CJIOLLISS'

K.A.YZNAOA.

B. Hollins

UA.NKKK.S AND HKDKKBS,
74 BBOAOWAY.

9IPORTERS,

BONDS, POSTACe & REVENUE STAMPS,
LEGAL TENDER AND NATIONAL BANK
NOTES, of the UNITED STATES) and for

1,009.

^iuamcial.

DIAMONDS.

BROAr .VAT, NEW TOBK.

and most

NO.

N.B.H0LLIX8.

Bank Note Company,

In the Hiiest

Consrcw, Wuliin«ton, D. C.)

1884

g^iuancial.

AMERICAN
ISMrwnted gsler Lavs

Daxa

YORK, OCTOBER

I^ittaucial.

148

n.

Pondir
stocks,

30

ADocanis Natsaji.

&

Co.,

Bonds & iBTestmeat SMarltieo

EXCHANGE PLACE,

Orders executed on the Loudoa ai
market.

N. T.,

:

THE CHRONICLE.

ii

foreign %xchn,UQt,

&

Issue Travelers' Credits, available in
world, through the

H0.S4 South Third Street, 31 Boulevard HausBmann,

PARIS.
BOMESIIO AND IvREIGN BANKERS.

PHILADELPHIA

gecnrltles

booKOt and sold on commission. Interest aUowed on
Deposits. ForelRn Exchanue. Commercial Credits.
Circular Letters for Travelers,
Cable Transfers.
KTallable In

all

No. 59

WALL STREET,

Co.,

N. ¥.,

OF exchange:

ON GREAT BRITAIN AND IRELAND, FRANCK
GERMANY, BELGIUM, SWITZERLAND, NORWAY, DENMARK, SWEDEN AND HOLLAND.
Issue Commercial & Travelers' Credits
ATAILABLK
And

IN

IN STERLING.
ANY PART OV THE WORLD.

Payable In any part of Europe, Asia, Africa, Ana*
tntllaand America.
Draw Bills of Exchange and make Telegraphlo
Transfers of Money on Europe and California.

gaukcrs aud

nRAvr ON

No. 10

WALL STREET, NEW YORK.^

TRANSACT

a GENERAL BANKING business.
received and INTEREST allowed on

DEPOSITS

SCOTLAND.

Buy and

GOVERNMENT, MUNICIPAL

sell

RAILROAD

Private telegraph wires to Providence and Boston.

G. B.

&

&

Stuart

TAINTOR.

Co.,

JIe:

BANKERS, LONDON;

COUNTY BANK,

"LIMITED;"

MANCHESTER, PAYABLE IN LONDON

Y. Stock Exob.

Tod

8c

BELFAST, IRELAND;
AND ON THK

No.

Ofier InTeslment Securities.
Buy and sell bondw. stocks and securities in all American, Canadian, British and Dutch markets on commission. Collect dividends, coupons and foreign and
Inland Drafts.
Exchange on
EVANS dk CO., LONDON.
, nNnnm

Sell Bills of

)

J

A: S(»N,

OVE\> A: SON, ASISTEKOAM.
IIOTTlXtJUEIl & CO., PARIS.
11.

;

ULSTER BANKING COMPANY,

&

Kidder, Peabody

NATIONAL BANK OF SCOTLAND,
Cor.

ALSO,

Co.,

BOSTON, MASS.

EDINBURGH, AND BRANCHES;

CABLE TRANSFERS AND LETTERS OF CREDIT
NEW YORK: LONDON:
PARIS

Wall and Nassau

Sts.,

New

York.

FOREIGN BANKERS,

oS.TyS^Si-.THOS B. DAVIS. W. G. H. HllATH. CABLE TRANSFERS, BILLS OF EXCHANGE
AND

William Heath & Co.,
BANKERS AND BROKERS,
No. 80 Broadn-ay, New York.
Members of New York Stock Exchange.
FOREIGN EXCHANGE. CABLE TRANSFERS.

William Heath

&

Draw Bills of Kxchantte and tranBact.a izeneral
flnanctal commission business, i'articular atteuttou
given tu American becurities.

No. 19

Roe

&

Co.,

Scribe, Paris.

Orders solicited for I^ondon and American markets
for Investment or on marKin. Kailway, State and

City Ix>ana neKotiated.

&

John Munroe

CHEQUES AND CABLE TRANSFERS ON
Sc

CO.,

PARIS.

STERLING CHEQUES AND BILLS AT SIXTY
DAYS SIGHT ON

ALEXANDERS

6c

CO.,

,

&

Ruckgaber,

BANKERS,
49 WILLIAM STUEET, NEIT YORK.

Stock Exchange,

Interest allowed

KUCiNTKE BROTHERS,
B

on deposits subject to sight draft.

C. B. CALI>WKI.L.
CiiAB. J. TowssKND.

LAN.ITNG

Member

C.

WASnBtTHN.

N. Y. Stock Exchange

W.

M. Earl,
MEMBER NEW YORK STOCK KXCHANGE,
BANKER AND BIC'OKER,
TO

53

DREXEL BUILDING,

5'J

Ne^v Tforlt.
STOCKS AND BONDS BOUGHT AND SOLD
STRICTLY ON COMMISSION.

Fred. H. Smith,
BROAD ST., NEW YORK.
STOCKS, BONDS AND TETUOLEUM
No. 20

Siild,

and Carried on Margins.

Intimate knowledije of

:

BARING BROTHERS & CO., London
PERIER FKERES & CO., Paris.
MENDELSSOHN <k CO., Berlin.
AN KKRS,

yenrs.
K. 1£.
S. VV.

NOTES

Smith,

tunm

i

Wood,

Petroleum Kxcbauge.

&

Huestis
PINE

31

Co.,

NEW YORK,

ST.,

BANKERS AND BROKERS,

LETTERS OF CREDIT AND
4:lRCiJLAK

Issued for the use of travelers in all parts of the
world. Bills drawn on the Union Bank of London.
Teleerapbio transfers made to I^ondon and to various
places in the United States. Ueposits received subject to check at sight, and interest allowed on bair
ances. Govemm«nt and other bonds and investment
secunties bought and sold on commission.

all railroads for past twenty
Parties desiring to buy or stll unquoted sedo well 10 coniraunlciite.
Smith, ( Members N. Y. Mining. Stock & Na-

curities will

120 Broadway, Equiralile BuiliUng.New York.

DKALKRS

of
in KOIIEION

„„.,A!^P."''''=*^''

(Limited) London.

jonn Bemiberg, (.iossler A:Co.

WaU

SnCCK8UOH» TO

\*OOD & DAVIS.
Execute orders

in all secArities listed at the New
York Stock Exchange. For Sale.
FlRST-CliABa UaILUUAD KIKST .MOKTGAOE BOJTDS

GEORGE O.WOOD.

C H. HUESTIS

23 Broad

Mt.

M.

L.

SWAN

and 57 Exchange Place

STOCKS, BONDS, GRAIN
bought and sold
(

in

Direct and

and

New Vork and

liicago Correspondents,

WM.

J.

H. GOADJiY

&

R.
B. E.

WALKER,

JOINT AGENTS

Canadian Bank of Commerce,
16 EXCHANGE PLACE.

BAKER i CO.

TRANSFl-.Ui?, ETC.

IN

J.

U. CKKDIT.*, A

VAILABLE
ALL PARTS OK THE WORI,D.

W.

Wilson

5i

Haiubiire.

I

NEW
Bills

of
,

&

Co.,

FRONT

ST.,
YORK.

Exehanee and Letters of
Credit on Mexico.

&

Kimball

J.
BANKERS

Co.,

A.vn BK0K£K8.

No. 18 Wall Street,

New York.

Seventeen Years' iMenibcrship in the
Sto>;k Exchange.

BUT AND SKLL STERLING KXCHANGB, CABLE Robert J. Kimball.
ISSUE COMMER.

l'l{OVIS10N&

Chicago.

T.
exclusive private wire.

Exchange.

nessrs.marcuard, Krau»s& Co., Paris.
Coimuercial and Travelers' Credits.
.>,.,
Bills of Kxoliange.
Cable Transfers.

KXCHANOE, GOVEKNaKNT

INVKSTMK.NT BONnS.

STERLING LOANS A SI'ECIALTV.
e.
64
St. and eu Ureene >t., N.
Buy and sell on commission, for investment or Y.
or.
margm. all securities dealt in at the New York Stock

COHKESPONDKNTM OP THE
Interuatloiial Bank of London

nessrs.

New York

Bought.

CORRESPOyOE STS

LONDON.

CUtCPLAR NOTES AMD CreJMIS rOK TRATELERS.

Schulz

WALL STREET.

3

Transect a general Banking Business, Including th»
Purchase and Sale of all Securities dealt In at th*

Chas. Unger & Co., Jameson, Smith&Cotting
STOCK BUOKEllS
BANKERS
AND BROKERS,
Co.,
Members
the New York Stock Exchange,
AND COMMISSION JIERCHANTS,

No. 3i Nassau Street, New York,
Ho. 4 Post Wfllee Square, Boston,

mUNROE

COMMEECIAL AND TRAVELERS' CREDITS.

Co.,

10 TbroffmortoB Ave., liOndon, Kne.

William Heath

TOWMSEAD

BANKERS AND BROKERS,

Act as Agents for Banks, Bankers and Railroad
Companies.
Issue commercial credits, also foreijm and domestic
travelers' letters of credit in poundy sterltfiir & dollars.

MELVILLE,
C. J. HAJIHUO

GEO. H. HOLT.
L'HUILIER.

CAEOWEEL, WA$>1IBURN &

Co.,

BANKERS.

J.
NASSAU STREET.
BILLS OF EXCHANGE ON
SIUITH'S,
XTH, PA¥NE

A^rCHESTER

Member N.

G. D.

WILLIAM STREET,

No. 63

33

ic

Alexandbb Bariko,

and

Bonds.

In Francs, in Martinique and Guadaloupe.

all

Holt,

BANKERS,

balances.

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

Canada, and of Drafts drawn in the
United states on Foreign Countries.

&

Taintor

Yorli.

commission, at the Stock ExchiLUKe or elsewhere.
Sterling ExchanKe and Cable Transfers bought

and aold.

^icoTxexs,

CO.,

Accounts and Apency of Banks, Corporations,
firms and individuals received upon favorable terms.
Dividends iind interest collected and remitted.
Act as SKents for corporations in payliv coupons
and dividends; also as transfer ;ii:ents.
Bonds, stocks and securities bouKht and sold on

Kbnnbdt Tod.
OIAKETELEiiKAPHIC TRANSFERS J.
H. O. NOKTHCOTE,
OF raONEl'
BBTWSBN THIS AND OTBBIi COVNTRIMS.
COLLECTIONS OF DRAFTS drawn J. Kennedy
UAKE
points in tbe United States and
abroad on

J

New

52 William Street,

OROAD STREET,

Newr Yorb.
Issue Letters of Credit for Travelers,
On SKUIGMAN BROTHERS, London,
8ELI0MAN FUEKE8 4 ('IK., Paris.
SELIGMAN & STKTTUEIMEK, t'rankfurt.
ALSBEKO GOLDBERG, Amsterdam,
ALTMAN & STETTIIEIMER, Berlin.

Co.,

&

JESUP, PATOSt

BANKERS,
No. 33

SUCCES3i>ES TO

BUT AND SELL

BIL,L,S

&

John Paton

OLD BROAD STREET, LONDON.

&

>

on California, Europe and Havana.

MORGAN

Brothers

all

and their C<>rrespondents.

parts of the world.

Brown

parts of the

Also Commercial Credits and Transfers of Money

Attobnbts anb Aoknts op
&, CO.,
niessra. J. S.
Ko. 22

Street,

MESSRS. BE ROTHSCHILD,

I

DepoBlts received subject to Draft,

and 21 Nassau

Nog. 19

& W.Seligman&Co.,

Co., J.

BANKERS,

|Drexel,Harjes&Co

Co.,

&

Co., August Belmont

BROAD, NEW YORK.

Oi"

%xttViMQt.

Iforjeifitt

STREET,

'VFAI.Ii

OOKNER
Drexel

&

Morgan

Drexel,

XXXIX.

[TOL.

WALSION

II.

alpheu

BlIDW.N.

Hkkbkut

B.

^ew York

LoUNSBEnr.

KlUCU. A. itUOWH.

p.

Brows.

Walston H. Brown & Bros

BACKERS
NO. 20 NASSAU STREET,
NEW YORK.

:

OcroBEE

THE CHRONK^LE.

188i]

25,

Snnlievs auA ^volievs.

R. A. Lancaster

&c Co.,
BANKKim AND BUOKER8,

&

Now York Mining Sloek

alio

&

Rolston

BANKERS.

CoiTMpondeuce

a Bpecialty.

Stewart Brown's Sons,
STOCK BKOKERS,
88 PINE STBEET, NEW TOBK.
DuaOIwVgHOKKKN,

Monih.N.Y.CottonKxoh
W. W. m:i>LKY.

CREEN STUKKT,
& UATEltlAN,
NEW

WAM,

Wire

I>rlTat«

BATFX^AN *

to

ret,.

WAMHI^nTOW.

jAa.TCKNllIt.
N.Y. Stock Bxoh.

C.

Turner

J.

i>.

r

Illi.LlN8I.KT.

New Tork

In

K.a nrUBEKT. _
Mamber N. Y. Stock Ezdi.

&

Co.,

find (!blcii0o

.loail

BANKERS

All olaases of

bonsht and

Son,

CItr,

Town and Ratlwar Bondj

Foote,

Pnroliiii)

and

§t.

We

make U. H. Bonds and invefltnient Securities a
speclulty, execute orders In STOI'KS and
f'jr cash (»r ciirry the pume on mariiln.
transact
» general HA.VKING business and
INTKR-

We
ALLOW

on DKPOSITS. Branch

Offices,

BONDS

connected by

Howard Lapsley

Co.,

BANKERS

But HiNBT DiiDioioxn Woi.rr,

OPBN MARKBT.

COMMKR(;iAL PAPBR

C B.. M. P

O. C. M. O., K.

ITRANCIB

New York.

IMWBENCK

PA VY,

TUIJHO. Bart.

«!., Managing DInalor.

This Companr undertake* tho bnilnew o( Tnataa*
to

W. H. Goadby &

Co.,

WALL STBEET,

8

ter of

parmenu of laterwt on Loan*. OlTldand*

neKOtlated.

Interest

UKPOSITB, subject to check.

«

or ReKlatratlon of. Stocks In London, or otbarwiaa.

Nsiw York.
B.ASIEI.

on tbe London Market, acts as Agent for

Hallwars and other Corporations, either In tbe mat-

BANKERS AND BROKERS,

No.

Loans of apprOTod Rallwaja, n*cotlat«a sad

laaues Loans

Frankenheimer, M. Sei.ioman,

L. S.

embeni N. V. Stock KxctuuiKe.

&

Asiel

Cable Addreae—FAVT, LosDow.

Co.,

BANKEBS AND BBOKEBS.
No.

THS

KXCIIANGK I'LACK.

&

R. T. Wilson

Co.,

Railway Debenture Trust
COniPANY

- l^euu^ORW
NKW TORK

paid on

L

AIID BROKERS,

BBOAD STBEBT,

No. 24

61

Jenkins,

classes of Securities dealt In at the
STOCK KXCHANaE, or all reputable Secnrlties
booxbt ana sold in the
LOANS

and

ft B.

Chalnxa.

Joax UoaATio Lloyd. Kwi.
John PK.tDCR, Rsq., M. P.

8lB CHAIUJn

&

p..

Rai].

and Boston, Mass.

LONDON, ENGLAND

BhckhanS.Jewvtt, Prea. .'ogiAaJswErr, V.Prea
WtLLlAM C. tOK-VWELI., Cashier.

Bank of Buffalo,
-•-... $300,000
CAPITAL,

(LIMITED),

BANK BUILDINGS,

No. 4

on CummUsiou uuVKRNMBNT
and STOCKS, and all

sell

MAIXX)I.H a. LAINO,

BAILROAU BONUS

•nd

St*

,

LAINO, Rk.. M.

aiiORAL HINRT II^jPKIMWM,

No. 13 Wall Street, N. Y.

BACKERS AND COMMISSION MERCHANTB

25 f me

£97 1, S 60

DjnmCTOItB:
8.

&

Hatch
BANKEBS,

i,

STUKET,
NEW YORK

&

Bouden

Capital Paid Vp,

IN

sold.

AJ<0 BROKERS,

No. 29 WALL
Drizkl BriiJ>tHO,

LONDON, ENULAND.

IKTESTME.W SECURITIES.

ouirket*

J.aHCMBCBT

C* Humbert &

E.

Co.,

Special.

BANKKHS A>W) BRUKERS,
IB & 18 Broad Street, New York,
BTOCKd, BONUS, GRAIN AND PROVISIONS
boQsbt xnd .old

(LIMITED),

BANK BriLDINGS

No. 4

W^ALL STBEET,

prtrate wire, Norwich, Conn.,

WuhlOKton.

COLLJ.TITUNEK,

Menb.

VORK.

&

Mahoney

F.

J.

and Forelen ExchanK* KST

Stocba, Cotton

Railway Share Trust Co.

OunutlonsobeerfullT^rnmlshixl

DRALKB8

35

TBI

Solicited.

No. 15

A.IC.BATZMAN.
Memb.N.y. Stock Kxoh.

K»chan««.

Bass,

BB»AD STBEET, NEW WOKK.

»0

Mlscellan»onB Secnrlties.

Botitfteni Securities

^orctflu IJatthers.

Stocks, Bonds and Mlaeallanaous Sacurltlaa.

DIALIKD Df

Railroad

gvoUctJB.

Mambara New York and Cblcaao Htoek Kzcbaoms

VNITED HANK BUILDING,
BHOAOWAV AMD WALL BTRBBT, MBW yOBK

and

gaufectrs

Ul

Same

Dlrtelort tu the Railway

Company

Share Trutl

(Limlled).

-

BUFFALO.

'^.

O^ Co.
BANKERS,

No. 18

WALL STBEET,
New York,

Transact a Qeneral KanklnK Business, tnclndlng
the purchase and sale of STOCKS and BONDS for
cash or on nianrln.

Bar and

Sell

Investment SeonrlUea.
BOX a,B47.

P. O.

A.M. KiDDim.

Watla-vi) Trask.

w.c.n ii.1,

B.J. Mobsb.

;

^orcifiu ^m\)i.zx&.

The City Bank,
•

•

.

Puid.Up Cnpilal,
I,OUU,OUO
Kearrve Fund, JCSOO.OOO.

THREADNEEDLE

OFFICE.

Bond

ST.

PHddlntrtx>n,
A Ideate.
Old street,

liolborn.

Uronilwny, cor. ExchanEC PIncp, N, Y.

OlUcr, I'iS I>a Sallf "^t., C'hiraso,
TRANSACT A (;KNKI1A1, RaNKINIJ blsinkss
IN<l,rillMi TIIK 1-1 1(1 IIASK AM) SALK OK

The Bank,whlle oondocilnB the

Renetal business
of IxKtdon Bankura, alTes special attantlon to the
AKency of Foralirn and Colonlal^Banks.
A. n.

Itrnni'li

STOCKS AM) lillNDS KOR (ASH OR ON MARIll V AM) SlOi.I. INVKSI'MKNT SKCl RlINTKRKST ALLOWKI) ON DBPOSITS
«'"=" =
SUBJECT TO CllKCK AT SKillT.

<;IN.
TIKjt.

D

A. BOODT.

Hallcit accounts and agencies of Banks, RaUwmy*.
Corporations. Ams and Indlrlduals, upon fhTor
able terms; also orders for the pnr^UM* aatf
sale of Bonds. Shares.
ftc^ on CoaimlMioa
on the Stock Kxchange.
negotiate Rallwar. Stale and CItr IjOaat and
lasae Commerolal Credltj aTallabl* In all parU at
the world.

De Twentsche

Box

C.

447.

KBVNitl>r. Manager.

Hong Kong &

Shanghai

BANKING COBf>OBATION.
CAPITAL
aBSBRVB KUND....

HEAD

W. McLlLLAN. JB.

REtJBEN LBLAKI).

Bankvereeniging,
B.

London.

BANKERS

l: O.

Blake Brothers & Co.,
EOXDON, E.\GEA\D,

Tottenham Court Road

Ptreet,

Knliilitsbrldtte,

I7.600,0(X)

4,100,00«

OFFICE.

BOKO KOXO.

Corporation grant Drafts, Ixsue I.etter« of
for use of Travelo.-n. and negotiate or collect
Bills parable at Bomber. CaiOatta, Singapore, Saigon.
Koocbow, Amoy, NIngpo.
Manila. Iloi'g Kong,

The

W. BLIJDENSTEIN &

AnSTEBDAn,

^bangbal, Hankow. Yol;obaiBa,Ulogo. Sao franelaca

and London.

B A.N K KIM.

VNITEDBANK BUILDING,
Wall

Street,

Curnor Broadivajr.

STOCK.S. BOSiSd: COMMERCIAL PAPER.
t^tocksund BtindA b'tuulitund sold on Commission
at New York Stock Kxctiitii^^o. Advances made oo
Duf Ineu paper and <jlhor securltle*.

A. m.

T'lWNKKND.

A. P.
to

Attmt. 47 William Si.

TURNER
TllUEADNKKDLK

A CO.

STRKBT,

5
J

'''•"' ^""''''

*"X* EXChunge.

i>bUitdelphla Stook Eictianc*.

-

•

B8TABURHBD

•

€0.,

HOLLAND.

IMI.

-

Bead

Amaterdam.
BRASCBBS:
Landoa— KXCHA.NUB « INVBSTMKNT BAITK
OfBce,

B.

No., as

W. BLUDEMarilN *

4

Co.
06 ThrMdneedle Straat,

Ka

Katterdaai-DB WIS8KL-an KPTCCTKHBAXK.
Eaacliede— B. W. BLIJDBNSTKIN, JB.

Almeloa— LBDBBOBH *
Transact a

CO.

Mmml Banking and CoaaMita

oeaa In BUI., Stooka, Sbarea.

Balk

Con poos, Mk

NEW Tube roaucspoNOEina:

i.o.xnoiv.
u...on>a
MIITBKBH

•

dubecrlbed Capital. aoOfl.OOO Oolldan (tSJOO.om.-)
Pald-Up Capital, 7,871.100(t3,1«R,44IV->
»
»t»,S«3S7
RMerrerund,
(«a8B.MftM>

Oedit

I-

Snrplna,

£1,966,410 Sierlinc

BRASVUES
Ludilate IIUI,

as

CAPITAL PAID DP, with

Ac

(LIGHTED.)

LOXnON, Ei\«L.AND.
. •4:4,000.000
Authorlzeil Cnplfnl,
.....
Subncl'tbrdCnpiliil,
4.000,000
......
HEAD

IBooJtf*

N. Y.

Thia bank hns sapeiior factllttes for makinir colleetloHHon all KCcesKlble points In the United StHtes,
Canada and Uurooe.
Liberal terms extended to
accounts of banver)" and mert^hants.
roKHKSi'ON' KNTS.— New V.Tk, National Shoe A
Leather Uiink LnlunltMnknt l.iinctiin.

Messrs.

KNAUTH, MACUOD A KUHNB

.

.

THE CHRONICLE.

Iv

%^uh^vs.

©aiia^iati 'Bmxhi^Tcs,

P^ttr gufiXautl %mx\itxs.

Australasia,

Bank of Montreal.

Perkins,

"goxtiQix

Bank of

XXXIX,

ryoL.

(INCOHPOKATKD 1835.)
4 Tbreadneedle St., liondon, England
PAID-UP CAPITAL, £1,600,900.

Gnarantee and Reserve Funds, £727,710.
Letters ol Credit and Drafts Issued on the 109
branches of the'Bank In the Colonies of Queensland,
TasmaNew South Wales, Victoria. South Australia,sent
for
nia and New Zealand. Bills neRotlated or
Collection. Telegraphic Transfers made. Deposits
received in London at interest for fixed periods on
at
the
oflRce.
ascertained
terms which may be

PBIDEAUX 8KLBT.

Secretary.

OAPITAIi,

•

SURPLUS,

-

SMITHEE8,

C. F.

W.

J.

$12,000,000, Gold.
$6,000,000, Oold.

President.

OFFICE,
61 TVAIili STREET.

Co.),

STATE STREET,

No. 40

BUCHANAH, General Majiager

&

Sweet &

Co.,

BANKERS AND BROKERS,
BOSTON, MASS.

NEW TORE
Nos. 59

&

Dupee

CFormerly Chas. A.

Dealers in Municipal, State and Railroad Bonds.

WALTER

WATSON', ) Agenrs.
A,rpi>t«
ALKX'K LANG,
J

Anglo- Californian Bank
(LIMITED).

I,ONDON, Head Office,

3 Angel Court.

SAN FKANCISCO Office, 422 Calllomla St.
NIETT

TORK Agents, J. & W. Seligman & Co.

BOSTON Correapond'ts, Massachusetts N. Bk
Anthorized Capital,
Pald-np Capital, Reserve Fund, - - -

$6,000,000
1,500,000
400,000

-

-

-

Transact a general banking business. Issue Commercial credits and Bills of Exchange, available in all
garts of the world. Collections and orders for Bonds,
tocks, etc., executed upon the most favorable terms.
FKED'li P. LOW,
("'°"**'°lONATZ 8TBINHABT, iManaMm-

F.N. LILIENTHAL, Cashier.

&

Narr

Buy and sell Sterling Exchange, Francs and Cable
Transfers; grant Commercial and Travelers' Credits,
available In any part of the world; issue drafts on
and make collections In, Chicago and throughout the
Dominion of Canada.

liondon

No. 22 Abcbnrch Lane

Office,

&

Gzowski

Buchan,

&

L. de Steiger

Prompt attention given

to Collection of

W.

Commer-

%vixCktxs.

&

Clark
St.,

Philadelphia.

Esq

QBOIIGE HAGUE, General Manager.
General Manager.

liONDON, EN6.— The Clydesdale Bank (Llmtied.)
HBW YOKK— The Bank of New York, N.B.A.

The New York Agency buys and sells Sterling Exchange, Cable Transfers, issues Credits available in
all parts of the world, mukes collections in Canada
and elsewhere, and issues Drafts payable at any of
the offices of the.bank in Canada. Every description
Of foreign banking business undertaken.

61 ~Wall Street.

HENRY HAGUE,
B.

HARRIS,

)

No. 322

JR.,

CHESTNUT STREET,

Shoemaksb.

JOS. M.

Jos.

BANKERS AND STOCK BROKERS,
No. 134 SOUTH THIRD STREET,

North America,
STREET.

Buy and sell Sterling Exchange and Cable TransIssue demand drafts on Scotland and Ireland;
British Columbia,

Rea

Brothers

&

Co.,

BANKERS AND BROKERS,
9 7 AVOOD STREET,
PITTSBURG, PA.

Dealers in Government, State, County, Municipal
and Railroad Bonds. Execute orders in all SECURITIES listed at the New Yori. and Philadelphia
stack Exchanges bv Private Wire.

^«wy gufllautl ^miktv^.

San Francisco and

Chicago.

CIKCULAH. NOTES

available in

all

Issued in Pounds Sterling
parts of the world.

COMMEK-

Brewster,

Limited, available

in the Brazils,

MCTAVISH, JAgenis.
a „pnt9

8.

HOWLAND, Pres't.

-

-

D. R.

-

$1,500,000
$678,000

WILKIB,

BBANOHUS:
Port Colbome, St. Thomas, IngersoU
Welland, Fergus. Woodstock, Winnipeg, Man,,
Brandon, Man.
Dealers In American Currency & Sterling Exchange.
Agents in New York:
Agenta In London
Bt. Catharines,

BosAKQirKT, Salt A

:

I

Co.,'

I

73 Ix>mbard Street.

35

I

Bank

of

a

Montbeal,

S9 Wall Street.

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

N. Y. OorrespODdenta— McKlm Brothers

&

Robert Garrett
No.

fni-

& Co.

Sons,

BANKERS,
SOUTH STREET,

7

BALTIMORE,
TRANSACT A GENERAL DOMESTIC AND
FOREIGN BANKING BUSINESS.
J.

WM.

Wm. mlddendorf.

B. OLIYER.

Middendorf, Oliver & Co.
BANKERS AND BROKERS,
(KBYSBR BUILDlNq^/
& £5 GERMAN STREET,

Box

BALTIMORE, MD.

397.

Members Baltimore Stock Exchange.

Wm.
And

&

Fisher
BANKERS,

Sons,

Dealers In GoTernments^ Stocks

and Investmeut

Opposite Skcovd St

,

Securities,

32 SOUTH STRBET,

BAIiTUTCORE, MD*,
Have Western Union wires in their offices, by
means of wliich immediate communication can be
had with

all

commercial points

in the country.

Es-

Ji0iitTt«ftt '^miiitxs.

CONGRESS STREET,

BOSTON.

THE CITY BANK OF HOUSTON,
CAPITAL, $500,000,

MEMBERS OF THE NEW YORK AND
BOSTON STOCK EXCHANGES.

Houston,
We

ALSO.

Dealers In IHaiilclpal, State, Railroad

and United States Bonds.

Cashier

HEAD OFFICE, TORONTO.

and information

Estabrook,

I

Imperial Bank of Canada
H.

No.

H. BTIKKMAN,

CAPITAL (paldap),
SURPLUS,

SOUTHERN SECURITIES

Diened.

BANKERS,

River

and other banking business transD. A.

acted.

and

Correspondence solicited

pecial attention Riven to purchase and sate of Virginia Consols, Ten-forties, Deferred and ail issues
of the State, and to all classes of Southern State,
City and Railway Securities. Correspondence so-

Cobb

&

Plate &C.
Bills collected

BALTIinOKE.
INVESTMENT

licited.

CIAl. CREDITS ISSUED for use in Europe,
China, Japan and the East and West Indies. Also,
In name of NEW LONDON & BKAKIT.IAN

BANK

Co.,

BANKERS AND BROKERS.

Nos. 23

fers.

on Canada,

&

Wilson, Colston

PIIIL.ADEL,PHIA.

No.

OP

also

road Bonds, Bank Stocks, &c.
Desirable Investment Securities constantly on hand

Robert M. Jannst.

M. Shoemaker & Co.

i

Bank

No. S2 TVAIili

Dealers in

Orders executed by private wire in New York, Bos
ton and Baltimore.
Drafts issued on all principal points In the United
tales and Europe.

a„«„,.
Agents.

AGENCY OP THE
British

Gerlach,

BANKERS AND BROKERS
PHILADELPHIA.

$1,150,000

JOHN

&

Narr

ANDREW ALLAN, Esq.
ROBERT ANDERSON,
HEAD OFFICE, jnONTREAIi.

New York Agencr, No.

Street,

Government, State, County, City and Rail-

•pedulty.

$6,700,000 Paid Up.

PLUMMBH. Assistant
BANKERS:

BROKERS,

AJJD

Co.,

DEALERS Ia\ CAR TRUSTS AND OTHER
INVESTMENT SBCDRITIKS.

%mihtxs.

President,
Vice-President,

H.

Swan & Barrett,

BANKERS

BANKERS,
No. 35 South Third

OF CAIVADA.

J.

DEVONSHIRE STREET,
BOSTON.

No. 60

PORTLAND, MAINE.

^cimsglwauia
E.

Merchants Bank
•

Stackpole,

BANKERS,

and Canadian Funds on all points in Canada
American and Sterling Exchange, and Stocks, Bondf
etc., bought and sold.
Correspondents— Bank of New York, Now York;
and Alliance Bank, London.

Stocks and Bonds Bought and Sold on Commission

•

&

Parker

cial BlliB

Co.,

BANKERS,
FRANKFORT-ON-MAIN, GERMANY.

•

MEMBER OF BOSTON STOCK EXCHANGE.

BANKERS AND STOCK BROKERS,

TORONTO, CAWADA.

4,

BOSTON, MASS.

186 Middle

STUTTGART, GERMANY.

Capital,
Reserye,

No. 4 Exchange Place, Room No.

Co.,

AMERICAN BASfKERS,

©attjtjtliaii

Samuel G. Studley,
COMMISSION STOCK BROKER,

Wilbour, Jackson

& Co.,

BANKERS AND BROKERS
62

TVEYBOSSET STREET,
PROVIDENCE, R. I.

Dealers In Commercial Paper, GoTemment and
other flrst-clasB Bonds and Securities and Foreign

Exchange.
Private Telegraph Wire to

New York and Boston*

all

accessible points.

Directors.— Benjamin A.
C. C. Baldwin,

W.

Botts, Pres't; F. A. Rice,
B. Botts, Rob't Brewster, 8. K.

Mcllhenny, B. F. Weems.

joshua wilbopr,
charles h.sheldon, jb.
Benjamin a. Jackson, Williau Binnbt, Jk.

Texas.

Rive special attention to collections on

B. F.

WEEMS, Cashier.

,^
BENJ. A. BOTTS.Pres't
.

P. A. WILET,
Cashier.

W. T. BLACK WELL,
President.

The Bank of Durham,
DURHAm,

N.

C,

With ample means, and facilities excelled by no
Bank in the State, Invites correspondence and pays
special attention to collections.

;

Ootobir

:

THE (IHRONICLE.

25, 1B84.]

gauUtvB.

JJxixitlxcm

Thcs. P. Miller
Si

1

>

stntt*

.•

llHi-:

New Y<.rk,
Now Orlottus

i.f

.<!.

BDBHUSS. Pnkt.

R.

A. E.

WAUUB, CuhlW

National Bank,

First

iriL.TIlKGTON, N. C.
mnde on

rn'npptlnnn

p*rt» of th n TTnltft d St^^Pg

nil

M i:UC H AXTS' NATIONAL BANK,
RICHmOND, VIRGINIA,
un best

Cullectloius nutdti on all Suutliern points
prompt rolurti».

lerui!»

:

JOHXIT 01.ESX.

JOHN

Casli.

THOMAS

&

BKAXC'II

CO.,
AND COMMISSION MERCHANTS.

B.\M<l:US

Thla company Is a legal depoaltory tor moneys paid
Into court, and Is aathorlxed to act aa guardian or
receiver or estates.

INTEREST ALLOWED ON DEPOSITS,

which may be made at any time, and withdrawn after
Ave days' notice, and will be entitled to Interest for
the whole time they may remain with the company.

ItKlimOND, VIRGINIA.

WILLIAM II. MACY, Vice-President.
JAMES S. CLARK, Second Vlce-Prest

TliVSTEEa:
Dan. H. Arnold, James Low,
Thomas Slocomb.l W. W. Phelps,

Nuitli Carolina 6 per cent bond.s.
on the Slate's stock in the North
Railroad, forsalo.

Candlna

BAXK OF

Eunkst U.Pkinole.CusIi.

B.\nki\'G Associatiox,
S. C.
Si'i:ClAT. .^TTKNTION GlVi:N TO Col.T.KCTION'3

ICBARLKSTON,

Wlt&tcxn gimtievs.

W. Harris &

Co.,

l^iYESTSIEIVT BAXKERI^,
So. 17G DEAEBORN 6TKEET,
CHICAGO, ILI..
Dri'M'TVC!

15U IN i/lO,

Town, School.
and C»r Trust Bought and Sold.

State. Countr, City,

The fnndlDg of

entire Issues reoeives special attenWrit* us If you wish to buy or sell.

THE

&

Texas Land

Mortgage

OOHFANT LIMITED,
(OF I.ONI>ON, ENGLAND),
Transact a general Financial and AKency Business In
the State of Texas and Europe.
Nsw York Correspondents: C. K. WKLLESLEY,
Bla Ki BR03. ft Co.,
General Manager,

Dallas. Tkzar.

Wall Street.

B8TABIJSHED

P.

LOUIS

Uayarc! Cutting.
L. TIIOKNKLL. Secretary.

G.

UAMPTON. Assistant

&

Co.,

SOS OLIVE STREET, ST. LOUIS,
Dealers In Western Securities.

Defaulted Bonds of Missouri, Kansas and Illinois a
Good Inyestment becorittes, paying from

Specialty.

^H to 10 per cent, for sale

.

D. G. FONBS,

(

STATE BANK,

(

President.

I

Incorporated 1875.

{

WALEBB

C. T.

Cashier.

German Bank,
LITTLE ROCK, ARKANSAS.
• - - 9350,000
Prompt attention Klven to all business in our line.
Donnell.
N. y. COKBE8PC>Ni>ENT8.—
Luwson & Co.
and the Metropolitan National Rank.

Wm. W. tbobston.

Tnos. M. TU0R.ST0N-.

TIIORXTOIW

&.

Cash.

SON,

(Established 1859.)

3ANKEBS AND BROKERS,
SHELBYVILLE, ILLINOIS.
made

Shelby and adjcjining Counties
and Proceeds remitted on Day of Payment.
RKrEliL.NCE.s.— National Bank of Commerce, New
Tork; Union .National Hank. Cincinnati; Third National Bank, St. l.ouls
Traders' Bank, Chicago;
First National Bank. Indianapolis.
C<-nection8

NEW YORK OFFICE
NO. 178 BHOADWAY.
D. J.

in

;

&

Eustis

BONDS OF SLUKXYSHIP

this Company at moderate charges.
The bonds of this Comi)any are accepted by oourti

from

B.

Manning,

BANKER AND BROKER.

New Vork Cltr
SOUTHERN SECURITIES

No. 6 Wall Street,

A SPECIALTY.
State. Municipal and Hallway Konds and Coupoi a
bought and sold at best market rates. Investors ci
buy orsclt are Invited to cominui:!

dealer)^ wishing to
caLv icllh us.

Men.ber of the

New TorK Stoos

BxcaaBKe.

Vork.

CASUALTY DEPARTinENT.
Policies issued ag}iinst accidents causing death or
totally disabling injuries.
Full Infonnatlon aa to details, rates, kc, can be
obtained at head office, or of Company's Agents.
W.M. M. RICHAKUS, Prcat. Jdii.v M. CiiA.NE. Sec'y.

Co.,

AND

613 CHESTNUT 8TKEET,
PHIIiADJBI«PIIIA.

IlOB'Tj. lIiLLAS.Ass't Secretary.

appointee.
TukcB charge of property; collects and remits interest and income promptly, and discharges faithfully the duties of every trust known to the law.
All trust assets kept separate from those of the

DI RECTO US

Geo. T. Hope,
Q. G. WUUams,
J.S.T.Stranahan,
A. B. Hull.
Geo. S.

David Dows,
W. O. Low,
A. ». Barnes.
Charles Dennis.
U. A. Uurlbnt, Alex. Mitchell.
J. D. Vermllye, 8. B. Chittenden.

Wm. il. Richards.

Coe,

^afie geposit ©umpatties.

Company.
Buralar-Proof Safes and Boxes (having chrome

annum.

steel doors) to rent at $5 to $K0 per
new and elegant chrome steel.

In their

The

Safe Deposit Co.,
OF NEW YORK,

Fire and Burglar-Proof Vaults,
protected by Improved time locks.
Wills kept In vaults without charge.
Bonds and >tock8. riale and all valuables securely
kept, under guarantee, at moderate charges.
Car trusts and other approved securltloa for sale.
Money received on deposit at Interest.
JAS. LONG, Pres't. JOHN G. READING, V.-Pres't
S. STOKES, Treasurer & Secretary.
D. U. FATTEUSON. Trust Officer.
Directors.—James Long, Alfred S.Gillett,Ani8on
White. T)r. Chas. P. Turner, William S. Price. John
T. Monroe, W. J Nead. Thos. K. Putton, John G.
Heading. Jas. S. Martin, D. Ilayos Apnew, M. D.,
Jos. I. Keefe. Robert Patterson. Theodor Cf. Engel,
Jacob Naylor. Tlu's. G. Hood. Edward h. Perkins,
Philadklpuia; Samuel Kiddle, GLEN Riddle, Pa.:
Dr. George W. Reily. IIakkisbcug, Pa.; J. Simpson
Africa, Uuxtinohox Henry 8. Eckert. Reading;
Edmund S. Doty. Mifflintown \V. \V. H. Davis,
DoYLE.'iTowN R. E. MoHiifihan, West Chester
Chas. W. Cooper, allentown.

Tlie First Established In the World.

OFFERS UNEQUALLED SECURITY.
140, 142 ft: 146 Broadway.
FRANCIS U. JENK8, President.

MAULON

:

MANHATTAN
Safe Deposit& Storage Co
346

AND CAN BE RENTED FOR A

DAY WEEK OR RIONTH.

;

(£ovxmevciixl

Montague & Clinton

EDMUND

K. F. Knowlton, H. E. Plerrepont,
John T. Martin. Henry K. Sheldon,
Wra. C. Kinusley. C. D. Wood,

Fred. Cromwell.
Mlch'lChaunce7,l""n P. Koife,

Wm.

B, Kendall,

K W. ''orMes.

Wm.

II.

Henry

Male,

^langcr,

Ripley Ropes.
Secretary.

Ja9. Rosa CuiiRAX.

BrinckerhofF, Turner

&

MUls Building, 35 Wall

St.,

New York.

^l.OOO.OOO.
PAID UP CAPITAL,
Depository
order of Su-

oy
Designated aa a legal
preme Court. Receive deposits of money on interest,
act as fiscal or transfer agent, or trustee fur corporations and accept and execute an; legal trusts from
persons or corporations on as luvorable terms «b
other Blmlisr companies.
THO.MAS HILMIOUSE, President.
FREDERIC D. T APPKN. Vlce-Pre»W«lrt

Ruction

STOCKS

.^aljts.

and

BONDS

he Cndereigned hold

COTTON SAILDUCK
And aU kinds of
CANVAS, FELTING DUCK, CAB
COVERING, BAGGING, RAVENS DnCK,8AIL
TWINES, 4C., "ONTARIO" SEAMLESS

COTTON

BAGS, "AWNING STRIPES.
Also, Agents

UNITED STATES BUNTING
A full supply, all Widths and Colors, alwsya
No. 109 Dnane Street.

BAX£8

of all olMtee of

STOCKS AND BONDS
OK

WEDNESDAYS AND BATCRDAT8.

ADRIAN
No.

7

II.

nVLLER

PINE STREET,

&.

CO.
In stock

Joy, Lincoln & Motley,
8FCC«S80BS TO
E. B. nUDGE, SAWYER ft CO.,
jt

45

WHIT« 8TBKT,
YORK.

15

CHADXCIT 8TB»»I,
BOSTON.

AOISTS FOR

Ocean mtlla Co. Atlantic Cotton niUi,
PeabodT Mill", Chlcopee ."nfg. Co.^
Wlilto Mlg. Co.,
Uerton New .ntlU,
SaratOKH Vlciorjr inrc. Co.,
Hoalery and Yam nilUa

Bliss,

REQDLAB AUCTIOH

Co.,

Manufacturers and Dealers tn

Metropolitan Trust Co,,

I

(£^nv&$.

Is

ministrator.
It can act as agent In the sale or management of
real estate, collect Interest or dividends, receive
registry and transfer books, or make purchase and
saie of Govemment and other securities.
Religious and charitable Institutions, and persons
unaccustomed to the transaction of business, wlU
And this Company a safe and convenient depository
RIPLKY ROPES, President.
toT money.
\V. CORLlEd, Vlce-Pres't.

Joslah O. Ixtw,
Alex. M. White,
A. A. Low.
Alex. McCue.

BROADWAY,

348

NEW VORK.
Safes to rent from 810 to $200 per year,

sU., Brooklyn, N. Y.
authorized by special charter to
act aa receiver, trustee, guardian, executor or ad-

Cor. of

This Company

Sc

Corner of Leonard Street,

;

;

At Auction.
John

New

of the State of

Anthorlzed Capital
tl,000.000
Paid-up Capital
600.000
Charter Perpetual.
Acts as Executor. Admlnktrator, Assignee. Keoelver. Guardian, Attorney, Agent, Trustee and Comnslttee, alune or In connection with an Indiridual

Co.,

riNCINNATI. OHIO.

CO.,

NEW

Nos. 214 A 218 BROADWAY,
TOBK'
Offlclals of Banks, Railroads and EzpreM Comp*.
nies. Managers, Secretaries, and Clerks of Public Ccmipanles. Institutions and Comoiurclal flrms.can obtain

NEW

BANKERS.

Secretary.

A CASUALTY

FIDEI^ITY

48

George

TOMPKINS,

New York niiiKcrons— Joreph W. Orezel, A. L
Hopkins, H. Victor Ncwcomb, Jcihn Paton, uanle
Torrance. Kdw. F. WInalow, Krastua Wlman.

Secretary

TRUSTEES:

Capital (Paid lu)

^V. F.

61X

tSOO.OOa
400,000

Deposit with Insurance Department ...
214,000
President:
Vloe-Prealdeot:
gill ALKx. T. Oalt.
nox. Jas. Pxkkiib.
Managing Director: Edwahi> Rawlinqs.

The Brooklyn Trust Co.

1S71.

Keleher

F.

The Union Trust

CIIARL.EST01V,

National

tion.

Edward Cooper.

W.

nBNRY

Mintum

Geo. 11. Warren.
George Bliss,
William LIbbey,
John C. Brown,

lien

W.\i.C.CornT.\Er,l'rc9.

X.

Robt, B.

Wm

New

Chittenden,

S. B.

John ILRhoades
Anson P. Stokes,

Charles E. Hill, iD. Willis James,
Wilson «. Hunt, !john J. Astor,
II. Macy,
John A. Stewart.
Clinton Gilbert, S.M. Buckingham
Daniel D. Lord, H. E. I^awrence,
George T. Adee, Isaac N. Phelps.
Kraitus Cornlne.
Samuel Sloan,

Bonds fiindod under Iho Fundinje Act
passed by tlio la.'-t I.o^iislatnrc, fur >(i per cent commission.

Cash Capital
CaabAsseta

Executors, administrators, or trustees of estatea,

and females unaccustomed to the transact Ion of business, as well as religious and benevolent Institutions,
will find this C'nipany a convenient depository for
money.
,1()IIN A. STEWART, President.

Virjiinla

securod by

The Guarantee Co.
.-...-..
....... $3,000,000
OF NORTH AMERICA.
3,541,608

Capital,

Surplus,

i

BRANCH,

President.
Fkiid. K. Scurr. Vlce-Prea't
I'.

NO OTBER BUSINESS.

OF NSW TORK,
No, 49 WALL STREET.

AlHbuiuauuil City

<>f

Bonds of Suretyship.

Co., United States Trust Co.

&.

tt> coUoRttotiH, With prtiniut
rutoR i»f <'xchiiii«o <m diiy I'f

'I

^ittauctat (tompnnicB.

Strttst ®0m?)atiicB.

nANKKUH.
iTfOBIM:, ALABAiriA.
rt'ir

:

Fabyan &

Co.,

New York, Boston, Philadelphia,
HELLING AGENTS FOR LEADING BRANDS

BROHTN

BLEACHED SIIIRTINCa
AND SHEETi:<«S,

ft

PRINTS, DENIMS, TICKrt, DUCKS,

»«.

SON, Towela, Qnllt*, Wlilte Good* ft Hcaleri

NEW TORK.

VrUU, fkteHngt,

rfc.,

for Kiport Trait*.

—

-

THE CHRONICLE!

•71

^^yccial %%ivtstmtut3.

Interest^ plxjltlends^
ING bonds

payable at the banking house of
.Messrs. WINSLOW, LANIER & CO., corner of Nasstreets,
New York City, on and after
sau and Cedar

NASSAU STREET,
DBAXEB

tN

CITY RAILWAY STOCKS

November

Is

1884;

1,

STOCKS,

CO.'S

TEI^EGRAPH STOCKS,
Bank

Safe Investments.
CENT BONDS and MORTGAGES
PER
7
first mortgages in tlie best FarrainR Districts
In Iowa, Miwsduri, Kansas and Nebrasita. Interest
paid at your own liome in N. V. ExclianKe. Tweive
jears' experience in loaning for Private Investors
and Trust Funds. Send for circular givinK full particulars as to loans, references, etc. Interest from
date of receipt of money.
Ohas. C. Nokto.v, Cashl-. Lew E. Dabuow, Pres't.
Kef or to
Gll.MAN, Son &. Co., Bankers, N. T. City,

Choice

MEHCnANTS' NATIONAL BAMK. ChlcaKo. Illinois.

THE
Kansas Loan & Trust Co.
TOPEKA, KAN.

GEO. M. NOBLE, Seo
Pres.
[B the oldest and largest institution In EaDsas,
gtvlne exclusive attention to the Negotiating of
LOANS at hieh rates
CUOiCK KlUST
of Interest. It has negotiated over i§«i,000,000
of these loans for Savings Banbs, Insurance Companies, Estates and private parties East. Send for

T. B. SWERT.

MOKTGAOB

-circular.

Farm Mortgages
In Sums of $100 and Upwards on In
diaiia and Ohio Lauds.
UOTHING SAFER. ALWAYS PROMPTLY PAID.
BEND FOK PAMPHLET.
JOS. A. inooRE,
84 East Market St.. IndJHnHpollw, Ind.

H. L. Grant,
No. 145 BROADWAY,
NEW YORK.
€ITr RAILROAD STOCKS & BONDS

No. 11

Company-

PINE STREET,

«ROKERS AND DEAI.ERS

^OVBMBER

BROOHEYSf SECURITIES

M.

DEALT
15.

Blackford Countv. Indiana—
Marietta

&

»s.

NOVB.VinKR

Member N.

20.

AlirESTURN RAILBO.ID COBIP.INY
OF MI

ERN

>'NKSC)TA (noiv ST.

P.\. iFli;

HAII.W.vV

PAUL & NORTH-

CO.Vll'A.VY.I

here y given that the undersigned, the
trustees uiider the "mortgage daed May t, 1881,
made hy s-iid comp:'ny to us, to secure an issue of

Notice

Is

140 boiKls

ot*

the western

Farm Mortgage

$1,0. in

each,

all

nf that date, have deslg-

ntited, and we liercby call in, for redemption, as provided in the mirl?iage, all the outstanding bonds of
said issue, namely, l.ionds numbered as follows:
120
7S
99
30
15
1(10
131
79
87
!•
l•^2
80
101
44
17
123
81
101
18
45
103
124
4(1
82
19
rZ!>
104
20
47
12fl
105
48
84
21
108
127
86
22
48
128
107
86
BO
28
lOS
129
S7
24
51
13:)
109
62
88
25
131
89
110
53
2«
133
111
10
27
64
112
l:«
56
Bl
28
i;l4
113
29
b7
9Z
135
114
30
58
93
130
115
94
31
59
?I5
1I«
82
80
';8
117
96
33
118
7B
97
S»
119
08
77
33
Being one hundred and one (101) bonds of $1,000

Co.,

Offers to investors the best securities In the market

^IKST MdUTGAGK LOANS UPON IMPKOVKD

and principal paid on day of maYork. Funds promptly placed. Large
Iossm. Send forcircnlar, reierencci
and sample forms. V.M.PKKKINS, President: J. T.
WAK.NK, Vioe-Prest.i 1. a. PERKINS, Secretary.
CHAS. W. OILLETT. Trees . N. F. HAKT, Audiur
'FAR.MS.
turity in

Interest

New

experience.

No

TO HOLDERS OF OEFAUIiTED
BONDS.
The undersigned
liolders of all

invites

correspondence

with

WKSTKR.N DEFAULTED OR RB-

PUDIATBD BO.VDSof

Cities, Counties, To<vnsnip8
Will purchase at best rates.

or School Districts.
Give full description and address

V. J.

CHKW,

.IH., St. JoHppta.

%\iUvs:str Q lm UltnASf
/^NTARIO SILVER miNING
PAXY
New

(Mii.i.sBirii.niNG), No. 15

York, October

Broad

'I'HE ST.

BOBEUT LENOX BELKNAP,

PAUL

i1IIN.\EAPOLIS

(

&.

Uendcrson

Joliet

& Nnrthern

Indiana Bonds.

ALBERT

E.

The net earnings of the first quarter of the fiscal
vear are fully equal to those of the same iieriod last
year, and the directors consider that tlie prospects
of the comnanv are even more encouraging.
['resident.

'HE LAKE SHORE ic JtllCHKiAN
CO.,
SOUTHKR.>J RAILWAY
.-.--rKKA.SfKEll'S OPKICK,
Tl
)

New York,

V

Sept. 25, 1884.)

Directors of this Comj'iiny have this
dav dechire.l a Qr.\RTKUl.Y DIVIDEND of O.NE

The Boaid of

E.

AND ONE HALF i"KH CENTupiin its Ciinital stock,
SATU11DA\, the FIRST DAY OF NOVEMBKU NE.XT, at this office.
transfer bonks will be closed at S o'clock P. M.

on TUESDAY, the :^Oth inst., and will be re-opened
on the morning of Wednesdav. the 5th flftv of No-

vember

E. D.

next,

1 pro.v. will

Bailey,

S.

PINE STREET.

T

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

will

FOR SALE-IXSUR.A^NCE STOCKS.
Shs.

Shs.

67 Continental.
10 Eagle.

.50

20 crank. & Era.
«0 Guardian.
2 Germania.

J.

Kiii.ker'cker
20 Lafayette.
70 Loni; Island.
l.'^ Mechanics'.
10 Natimial.

'35

.Niagara.

tYI\

r*.

Ko.

Home.

.1«

I

T»t

)£lNlirtl<%<n,
N. Y.

PINK XTKKK-r,

Fifth

Avenue

HOTEL,
Madixon Square,

NEW YORK.

The I,:trgest, Best Appointed and Most Liberally
Managed Hotel In the City, with the Most Central
and Delightf tU Location.
_
.
„^

HirCHCOCK. DARLING * CO.

Groesbeck

&

Private Wire eonncc ion with Philadelphia,
B altimore unit WiiBliinslon,

&

holders of record Oct. 20 Insl., from wliich
date until Nov. I the transfer bonks will he clo.ied.

GEO.

S.

OP PULLMAN'S
OFFICE
CAR COMPANY, ClIirAGO. Oil.

Spencer Trask
PALACE
Bankers,

Jtl^ES.

1", 18S4.

NO. 71.

15. to stockh.-lders of record at close of

A. M.

Co.,

T re:isu rer.

Thcusunl QUAHI-KHLY DlVlDENDof TWO (2)
PER t^UNT ..n tlie capital stock ot this company
from n. t earnings ims been de -tared, payable Nov.
'I'r.insfer

Schley,

MEMBERS NEW YORK STOCK EXCHANGE
Treas u rer,
26 BROAD ST., NEW^ YORK.
PACIFIC

maturity to cer-

tificate

Nov. 1 1SS4.
re-open Nov. 17.

lOStiir.
BO Sterling.
Scrip.
00 Atian. Mtlt'l.

WORCESTER,

bo transmitted

DIVIDEND

80 No. River.
50 Phonix.
5 Rutgers.

**;i

15 I'hnpire City.

navahlooii

The

HACHFIELO,
No. G IVall Street.

KHIExclomge.

Grasp Central Dkpot,

5s.

^ds.

Terre Maute & Indianauoiis Stock.
Grand Rapids & Indiana Bonds :ind Stock.

at 10 o'clock A.

HILL,

mortgage

1

Shs.

J.

1st

Rome Watortown V 'gdensburg Istsand
Oswego & Rome Bonds.

pany, payable at this otRco on :ind after November 1,
1884. to st<ickholdcrs of record on that date.
The stock transfer books will be closed at 3 o'clock
P. M 'in Saturday, Oct. 18, Iss-l, and will here-opened

JAMKS

SOLD.

WXNVEO:

&.

)

Sic.

Treasurer.

BOUGHT AND
Galveston Houston

dealings in

'

i

MANITOBA RAILWAY CO.MPANV,
No. 03 William Sthket,
Nkw Yoiik, Oct. 7. 1884.
The directors of this company have this (l:iy declared a (Quarterly Dividend ot O.NE AM) O.V*:IIALF I'KK CENT on the capital stock of the com-

business

books close Nov.

WEINSHBIMEIl,
.»l

^

NEGOTIATED.

INVESTMENT SECURITIES

JL

COOT-

17 BllOAn ST,)
Ni:w Youic, Oct. ID. ISM. S
Coupons of the Mls.«iuri Division Bonds of this
Company, due Noveiiilier 1, prux., will be paid npon
crcsenta.iim at this office on and after that date.

Stock Privileges

INSURANCE STOCH8

-,.„,,„„,
'^""'Pg'-

)

Nkw York, October 20, 1884.
REGISTERED QUARTEBLY INTEREST due

(H-'FICK, .N'O

CO.,

PINE BTKKET.

No. 34

1>«4.

1

Nos. IG AND 18 Broad Street,
Traiisact

a General Banking Business,

and

Secretary.

PACIFIC RAILRO.ID MME. I»\ SII.VA A: l£W. HK 'FOIlll'S
"VrOHTHERN
CO.MPANY,
(formerly Mrs. Dgden llotrnians) Knglish, French
IN
TUKASrREll'H

MARTIM &

POST,

said

Nov.

21, 18S4.

SPECIALTY OF THESE VERY
SAFE SECURITIES, AND BUY AND BKLL SAMJB
AT MARKET PRICE.
WB OFFER A LLMITED AMOUNT OF DESIR
ABLE CAR TRUST ISSUES, ADDITIONALLY
SECURED BY THE DIRECT OBLIGATION OF
THE KAILRUAD EQriPi1IE>TCO.>lPANV.

bonds must be presented and delivered to
Messrs. Winslow. Lanier & Co., bankers, 20 Na-sau
Street, New York City, for account of tlie undersigned trustees, o;i or before tlio first day of May,
188.").
The interest on any bond not delivered by
that day shall thencetorth wholly cease.

The

PAUL *; NORTHERN
ST.
UAILW.^Y CO.MPANY.

DIVIDK.ND No. 100.
The Regular Monthly Dividend of FIFTY CENTS
per share has been declared for September, payable at
office of the Company, San Francisco, or at the
Transfer Agency in New York, on the Ulst Inst.
Transfer books close on the S5th.
LOUNSBBRY * CO.. Transfer A«eilt>.

Car Trust Bonds.
WB MAKE A

each.

no.

Street,

Y. Stock Exchange.

M

cent.

t A WHENCE, KANSAS,

W. W. Walsh

Geo. H. Frextibs,
Clpcinnatl Railway Aid 83.

Cambridge, IndianaMunicipal 7s^^
''

IN.

SEK GAS QUOTATIONS IN THIS PAPER.

M. on Monday. .Nov. 3, 1S84.
In acconl with the jiolicv suggested in the last
anniml report to the stocklmlders, that a cash reserve be accumulated, the boird unanimously
resolved to reduce the dividend from 2 to l;.i per

S

Railroad Stocks and Bonds
AND ALL KINDS Or

7s.

.

B O TV I>

MONTAGUE ST., BROOKLYN.
GAS STOCKS

Street

tts.

(iravel lt(^ad

NEW^ YORK,

AXD

,\ovi:mber

Marietta, Ohio

ST.,

Co.,

CAS SECURITIES,

78.

I'HARl.K.MAGNB TOWER,
WILLIAM S. LANE,

&

308

Whitley County, IndianaGravel Road Os.

Danftf.

Flagg,
Duncan Building, Cor. Nassau & Pine Sts.
KNTRANCB

Mortgage

OCTOBEU2',

SOLD.

Company-

& Chicago Railway Co.—
First Mortgage 7s. Series "E."
Sec nd Mortgage 7s, Series "L."
Terre Haute, IndianaConsolidated (is
Western llailronii Ccnnpany of MinnesotaFirst

WALL

No. 49

AVaterworkst^s.
Pitt'burg Fort Wayne

Land Grant

first National Bank, Corning, Iowa.

Reed

Ks.

Ohio & West Virginia Riiilroad
First Mortgage 7s.
Portsmouth, Ohio-

NEGOTIATED BY THE

S«© Onotjitinns nf City Railroads In this

Pacific Railroad

Railroad Improvement

Stocks, Insurance Stocks,

BOUGHT AND

.fe

First Mortgaffu 7s.
Greencastle, ludiitua

School

&

Geo. H. Prentiss
AND

Aurora, IndianaMunicipal Os.

Denver South Park

TRUST

'gUmnci^l,

Sec,

THE FOLLOW.

^PHE INTEREST ON
No. 21

fvou xxxrx.

»

and German Boariliug and Dav >clinn] Inr \ oung
Ladies and Childr.ni, No. \7 West a8tli Street,
New York, w 11 re-open Oct. 1. Application may
be made by It tter or persnnally a8 almve.
Separate aid limited class for little boys begins
SfPt. !«J;,

Branch Offices:
Connected

bij

Pliilat^lelplii.-i, 13'3

Prienle Wlret.

South

Tliird Street.

Albany, N. Y., Gh State Street.
Providence, R. I., l;i Wtstininster St,
Saratoga, N. Y., Gnind Unim Hotel.

—

1

1

xmm
HUNT'S MERCHANTS' MAGAZINE,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OP THE UNITED STATES
[Kntcrcd according to act of Congress, In tho year 1884, by

VOL.

Wm.

B. Hjlxx

Sl

Co., in the offloo of the Librarian of Congreaa, Washington, D. C.<

SATURDAY, OCTOBER

39.

25,

CONTENTS

Week Ending October I&

THE CHRONICUE.
ClpnrliiR-ITotisp

Thu

J'iiJiiiicliii

Orccoii liuilwaj

Hi

&

English

and

453 New York

News

."lllM

4r.3

J51

G.-VZETTE.
Quitai lone of Stocks and Bonds

Foreiini Ex
elunge, U.S. Hecuiiilxs, State
and Kail road BondB and

Honey Market,

Banff!* in

New Yolk
456
463
4t3

-40-4

shares.)

(J,'SS7,382)I

(i,ise,6os)

(-«4ev

(8,052,034)1 (-49-6)

iOuUn.... bales.)

(503,400)1

(—22-8)

(370,tluO):

(Grain. .bushels)

(32.98K,<)00l|

(63.471,300)' (—38-3)

(28,864,012)

(-«•»

(P€troteum..bbts.)

(7»,«OX,000)j

(48,07S,000)

(-HJ3-11

(5«,.10C0OOl

(-90r»

$89,306,685;

$78,S«8,S6I
6,2«5,60ol

— 11-6
—«»-3

$04,388,316
4,1»'.20O

-18*

1,480,389{

1

-18-5
+Ott

.

4 .17

4iS

Bunk
459

Investments, and State, City
aad Curuoratlon Finances. .. 4Ui>

THE COMMEKOIAL
Commercial Epitome

...

Uetiirus

Prlies at the N. Y.

Cotton

Local Secuiitle.s

Railroad Earnings and

455

Stock £xchitui;e

$4Se,S(>«,477

(

052,300)

(-68-7

j

THE BANKERS'
Btoika

Percent

1884.

-43-«

$610,608,628

Oct. 11

of—

(stocks

Ctm-

Foreign

ii:erce

t51S,&TS,215

1,009.

Week Zndlng

1888.

Commercial

News

Commercial and Miscellaneous

Navlgutiun

450

K<piiit
Intiinal iiud

1884.

Monetary

447

Ketnrns

bitiiiiiiou

NO.

1884.

Boston
Providence
Hartford
New Hav. n

Bieadstuffs

I

l>ry

Goods

H-e
+i»

8511,8851

-6-1

881,6901

-8-7
-34-8

781,4131

818,5251

829.U03
786,382

I36,t>18l

-8-8
-21-4
-11-8

175,402,732

$8«,4»t,i41

-12-8

$7J,318.000i

-188

1,222,845!

l,04->,=55

877,950

Kpringfleld
I.owell

757,425|

Fisanciai, Ckbosiolb is published in
&eery Saturday morning.
1 Entered at the Post OtUoe, New York, N. Y., as seoond-oiass mail matter.

New York

j

Philadelphia....
PittatiuFK

Baltimore
Total Middle..

I

ADVANCE

W7,711
8M,0C0

1,110,121

Worcester

The Commsbcial and

IN

1.172,313

1,618,860!

4«9

Total N. England

i

-Ml

—IT'S
-9-2

1,334.1)71

4fi8

%\u dir0ntclc.
TERMS OF SUBSCRIPTION-PAYABLE

4,433,800,

Portland

TIMES.

|

,

Chicui?o

Cincinnati
For One Ycai- (iucludiuK postage)
ijSiO 30
ForSix .Months
do
Milwaukee
610
Annual siib.wriptiou in lx>ndon (including postage)
£2 7s.
Detroit
Sixmos.
do
do
do
£1 8s.
1< dianaiolis
These prices include the Investors' SiijM'lement, Issued once in two
months, and furnished without extra charge to subscribers of the CJoveland
olumbus
Cbkoniclk.
(

Subscriptions will be continued until definitely ordered to be stopped.
for remittances unless made by
Drafts or I'ost-Othce .Mone.v Orders.
A neat lllu cover is furnished at 30 cents postage on the same is 18
eeuts. Volumes bound for subscribers at SI 00.

The publishers cannot he responsible

;

Offlcea In

Enelaud.

The ofBce of theCoMMKKOiAL a.vu Fi.n.4..\cial Chronicle in London
with Messrs. Edwahds
(<mith, 1 Drapers' Gardens, E. C. where
Biibserlptioos «iid advertieemonts will be taken at the reguliir rat^s,
and slncle copien of the paper supplied at Is. each.
The ottieo of the t.'UKOJUCLK in Liveii>ool is at
15, Exchange
Is

tifc

B

Euildiugs.

Peoria
Total Wostom..

Louis
Orleans

St.

New

Loui.-ivliie

Kansas city
.Memphis
Total Soothern.

San Francisco

) W^ILLIATI B. DANA & Co., PublUhei
WIIXIAU B. D\SA.?^!.'''J'*o\-''iJ?.*..?*'^4_*.^?,-i.J?J"?,U??*."»
'
^°>
*" &
"' AVIUiant
"'
"""" ' Mtreet,
'
" '" "
'" 81
79
iCHN O. FL,OYU
Post Offioe iiox i>o6.
>
.

NEW YOKK

Total tU

$775,319,540 $1,217,403,050

As it is of interest in this connection to compare the changes
which have taken place from week to week in the percentages
The total exchanges for the week ending October 18 mark a of the different sections, we have brought together in the folworse condition than any week since we began our record, the lowing the results of the past four weeks. It will be noticed
decline from 1883 reaching 3G'3 per cent. It is to be noted, chat ou the whole there has been an improvement in each class
however, that this more unfavorable turn is wholly due to New of cities except in New York, apd that in New York the retroYork, and [)robably in good part to the falling-off in specula- gade movement has been pretty constant.
tive transactions.
At the Stock Exchange, for instance, the
Jhtal
New
New
San
Middtt. Western. Southern.
sales were less than half of last years' total, the value of the Week Endillff—
York.
franc'co.
AU.
England.
shares changing hands reaching for the week under review
-7-9
-10-7
—18-3
-35 8
-13-4
iiopt. 27
-30 8
—180
only $111,376,000 against ^231, 133,000 for the same week a year Oct. 4
-0-4
-270
-19-5
-13-8
-14-4
-151
-28*
-40-4
-13-3
-0-3
-11-7
-383
11
—11-148
ago.
If we were to include bonds, and could figure private
-8-3
-88-3
-13-6
—19-7
18
-13-5
-12\S
-n-8
sales of securities also, the difference would be even greater.
-30-»
-9-0
—37-1
-13-7
-17-3
-11-5
Av'Ke4we«ks.
-MO
Still, doubling the above amounts and deducting the same from
the New York totals, we have left ^390,823,000 and $157,343 000
By telegraph we get the following for five days later, indi-

CLEARING HOUSE RETURNS.

••

•

respectively, as the dealings at this city otherwise arising, or
a loss of 3o-3 per cent. Outside of New Y'ork the falling-off

week reaches only 13-8 per cent.
The points which piotcntaii improvement over the previous
week are Boston, Providence, Portland, Worcester^ Springthis

cating the course of business up to last night (Fri lay), when
to press. It will be noticed that there is some improvement over the previous week at all points heard from.

we go

Pittsburg,

.

details are as follows:

net

five Days Ending Oct. 24.

Milwaukee, Indianapolis, St. Louis, New
Orleans and Louisville, being most marked at St. Louis and ^ew Y..r,
Springfield. The freer crop movement accounts for the better .•i:iiesnrstoek((sis)
showing at some points, notably New Orleans and St. Louis, Boston
I'hIlitit-lpUa..
the receipts of cotton at the former city approximating Bj* timore
closely to and at the latter exceeding those of last year. The 8t. I^mls
field,

Total.

IHSt.

l.'<83.

$528,101,806

»743.343.447

(l.72l,0;6)'

(8,716.153)

^Per Cent.

—28 9
(-38-«)

—

S-7

S7.904,:(75

$Og,l!K,058
50.032.909

lll,:a(.Sl«

11.44-J,8g8

12..S98,912

13,344.:i45

-8-2
-7-1

|6J«,235.9«i

«»87,347.0{>1

—S6-8

$65.257,.'»1

-

-84-

Day

Knd'g Oct 17

IKSI.

14^5

.'.Oli.HM

(i.ai»..o«»)

$IM.4H4.ni

39.812,130
10,57 ,&eo

Percent
-4S-S
(-8«-»)

-las
-S»7

12.594,r4

-14-8
-8-4

|S:.2,901,1A1

-8««

IflE

448

CHRONICLE.

[Vol.

XXXIX.

war of rates of 3i million dollars net, and four per cent
on a stock 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
Street markets, which we noted last week, has been another of larger dividends.
its

THE FINANCIAL SITUA TION.

fall in prices, followed by great irregularity and
renewed feverishness. "^^alues in which the public are not
directly interested need nothing more to unsettle them
than the withdrawal of the support they have received.
In this case, however, the movement was assisted by a
bitter rate war, made doubly disastrous by the sale of
A somewhat similar
a little long stock with no buyers.

Among

general

experience in previous weeks has befallen several other

the properties which have met with some support

during the week, was Union

Pacific.

Aside from the

speculative influences sustaining that property,
that the financial condition of the road

is

it is

claimed

improving, and

that $1,700,000 has been paid on the floating debt

since

July

to

1st,

which

obligation

now,

according

a
Boston statement, reduced to about $3,900,000, Central
New Jersey was broken down on Wednesday by
is

well-known properties, but this time the holders of what disquieting reports from Philadelphia regarding the embarknown as the Vanderbilt stocks have been the imme- rassments of the Reading, it being stated that a holder of

are

some

diate victims.

of the

mortgages pledged as

had

collateral

sacrificed

As to the exact present situation of the contest between them at auction, being unable to dispose of them at the
the West Shore and New York Central, it is perhaps Exchange,
Still, this stock has presented an undertone of
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 comand 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
As a conse- may be discovered later on that some one owns it even
disturbed State business over all the roads.
quence also, rates to Chicago on every trunk line became now?
unsettled, for to retain the traffic a rebate had to be made
Philadelphia <t Reading receivers' report of the financial
basis of one cent per mile,

by each of them equivalent to the reduction to Buffalo. condition of the property under their charge has been
Such conditions as these, if allowed free play, could only issued this week. The report is unsatisfactory both as
end in a ruinous reduction on passenger business of reg
a matter and showing, and in the former particular
every kind. Eastern as well as Western. ]3ut a result so leaves things in greater confusion than before. Most
disastrous was prevented, at least for the time being, by an interest of course attaches to the exhibit of floating debtr
agreement respecting Western rates which provides for a and it is precisely here that the report is most obscure. There
uniform basis of reduction below the schedule

;

this

has

is

not

much

fault

on

this

point to be found with the

by all the companies, and apparently balance sheet of June 2 (the time when the receivers took
acquiesced in by the West 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
been

adopted

Shore

is to

policy, it

remain an independent

line

with an aggressive

can easily make trouble until restrained by the

in

the ifiterval,

is

difficult

receivers were appointed

it

to

understand.

When

the

seems that the company owed

on loans and notes and bills payable, and
more was due for rentals, wages, &c,, making
Some are so uncharitable a total demand debt of $19,467,157, In addition, the
must, however, be proved.
as to think the West Shore is not even now an independent Coal & Iron Company had current liabilities to amount of
line, while others claim that this cut is for the purpose of $3,544,333, made up of $1,628,556 loans and bills payCourt.

The Court would

scarcely let

its

a business which was clearly ruinous

;

receivers continue

that

it

is

ruinous

forcing a purchaser.

But

in

,$12,910,926
.$6,556,231

and $1,915,777 due for wages, materials, &c,, giving
us an aggregate gross floating liability of $23,011,490 for
able,

the meantime,

may

it

not be worth while for

some stocks are the two companies combined. The proper offsets against
We do not this large debt it is not easy to determine. Cash on hand
mean that they are safe to speculate in, for we know liter- in the case of the Railroad Company was $38,806, bills
ally nothing about speculative values.
Besides, it is not receivable were .Sp447,193, freight and toll bills $1,203,962,
at all certain that prices even of the properties that have and there was $815,349 due on current business-^or an
declined most, will not go lower, for it is possible aggregate of $2,505,370.
There was, besides, $5,001,448
as we have seen that rate cutting may become even due by "leased and controlled" lines: but as this is very
more desperate, that general business maygrow even worse much like a debt from one part of the system to another
than it now is, and dividends be further lessened. Yet part of the same system, we doubt whether any of it

investors

to

not, in this

inquire

whether, after

general fracas,

all,

getting cheap?

this, will not, for instance. New York Central can Ije considered an actual available cash asset. Deducting
8C@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
as every one knows, necessarily temporary
worse cases kind or another to put up as collateral, and we find that
have been cured in a month or less; and even if the the $12,327,783 of loans and bills i^ayable were secured

admitting

at say

;

war

does not change the fact that the- by stocks and bonds of an aggregate par value of $36,a wonderful property, has marvellous facilities 182,308,
To those curious to know what composes the 36
for doing business, and holds terminal rights and privileges millions of securities, we will say that according to the
lasts

Central

longer,

it

is

that are almost invaluable.

Furthermore,

more reckleSisly a railroad
more speedily it will end in the
the

contest

is it
is

not true that

continued, the

survival of the fittest?

company had only $19,939,564 of stocks
& Iron Company, so it
must have used a large amount of the bopds of that com-

balance

s^ieet,

the

of companies other than the Coal

remember, in that connection, that the pany, of which it held $30,737,965, besides $8,000,000 of
Central can save about $900,000 net for each one per cent stock.
In the case of this Coal k Iron Company the
the dividend is lessened: so if it should only divide four offsets to the $3,544,333 floating debt mentioned above,
It is also well to

per cent for a year, that would leave a margin for

loss

by

are $3,326,847, or nearly sufficient to wipe

it

out, so

that

.

,

October
tiie

1

THE CHllONICLK

1884.1

215,

Company

net debt of the Itailroad

7 millions

ia

also

the net debt of both companies.
So far the figures given present no special dinicultics.

•

But when we come

compare them with those furnished

to

449

the proportion of reserve to

val,

this year, 161^ per cent.

make

Against a

dates.

debt of $19,467,157 on the Rail-

total

road Company on June

now

it

2,

a debt of

reports

receivers' certificates issued

$11,661,885 with $2,717,911

meanwhile, making $14,409,796, a reduction of no loss
than $5,057,.'?61; and on the Coal & Iron Company, against

a

total of

the debt

$3,544,.^.'?,1,

with $232,167

$1,908,006,

now

is

are given to suppose that

as only

outstanding,

certificates

together $2,140,173, a reduction of

we

reported

or

period between

in tlie short

June and September there has 1>oen a reduction in the
debt of the two companies of $6,461,521. Now it is clear
that there can have been no such reduction imless by a sale
of assets on tlie other side of the account, or the
omission of certain liabilities that have accrued in the
interval

— not

because

unlikely

by any exhibit

New

unaccompanied

is

of assets, and, therefore,

If the Central of

less.

circumstances

both

of

The September statement

combined.

is

neai-ly

value

Jersey stock carried by

Mr

Vanderbilt w.ns sold before September 30, that alone would
account for a largo reduction in the

debt, but

would of

course involve an even larger reduction in the assets. In the
last

annual report

this

purchase the

was stated that there was

it

sum of

due on

still

$3,460,311. the 50,000 sliarespur.

This drain of bullion has been

mainly out of the country, partly to the Continent (though
France gained in the first-named interval only £571,455

and largely to Egypt and India, The requirements
have also been heavy of
If from the low stock of bullion now in the Bank

net),

for the interior of Gi-eat Britain
late.

would be forced

It is possible, howmaking a sharp advance they may, in

case of necessity, increase the
separately,

desired object

—that of

checking

is

only partial, for

we

are told that

sums due by the receivers

"current business, for wages,

" necting railroads, for which the receivers have
•'

nor does

assets,

it

sufficient

include the accruing interest on funded

"loans not payable until subsequent to June

" balance of

for

nor to con-

niaterials, &c.,

1884, nor

2,

due leased lines since that date," It is
difiBcult to make out just what this means, but according
to our interpretation it seems to exclude pretty nearly
everything that has matured or accrued since the receivers
rentals

took possession,

Why,

any comparison

at

therefore, they

all

of

thcr

bar gold, which,

accomphshing the

in

outflow of bullion.

Banker's balances remain practically unchanged, ranging

from
been

1

to 2 per cent,

and for the past few days

money even at these
indicate a movement

loan

difTicult to

from the interior

it

has

Reports

rates.

rather than

to,

from, the distributing centres, and recently there has been
a

demand

at

Chicago for

New York

exchange,

it

being

required for the remittance of funds due here for mer-

chandise in excess of the amount payable at the

The shipments now being made from

staples.

mainly to the South, where there

ai-e

West

for

this centre

a pretty active

is

The following statement, made
up from returns collected by us, exhibits the week's receipts
and shipments of gold and currency by the New York

demand

for currrency.

.

banks.
Wtek Endtnc

Oct. 21, 1684,

have sold the stock for about 50. But independent of Cnrrencr,
QoM
any loss of assets on this or any other account, a note
Total gold and legiti
appended to the later statement would seem to show
include the

price

would aid

Rtceived bv

Shipped by

If.r.Banla.

N.T. BarUa.

NU Inttrior
Movement.

Oaln

tl.SU.OOO

to

" does not

for America, the direct-

to act effectively.

ever, that instead of

chased having cost the company an average of $78 04 per
Mr, Vanderbilt is suppo.sed
$3,900,000.

it

sums

there should be taken large
ors

share, or about

that the exhibit of debt

the extremes thus far

10 13- 16 per cent, or, taking

Hence together or

$1,404,160.

Since June

tion of reserve to liabilities has been reduced, in this inter-

understand the changes reported. To bo sure the later
statement is incomplete, but nevertheless it undertakes to

two

probably

this

25 the Bunk has lost £5,875,387 bullion, and the propor-

for the 30th of September, only close analysis enables us to

a comparison of the gross floating debt on the

and

liabilities,

induced the management to make no change.

1,020,000

tonden

ti,52j.aao

(1,314,000

tl,iX)«),000

I.OM, 1,020,000

Loss.

114,000

•$1,00J,000 of thiswas transferred In the ebape of silver certificates
by a deposit of gold in tlie Sub-Treasury.

The above shows the
of gold

bank holdings
to and from
that movement, the banks have

actual changes in the

and currency caused by
In addition to

the interior.

this

movement

$1,000,000 through the operations of the Sub-Treasuiy;
and have gained $750,000 by imports of gold. Addlost

ing

these

items to the above,

we have

the following,

which should indicate the total loss to the New York
Clearing House banks of gold and currency for the
week covered by the bank statement to be issued to-

undertook to furnish day.

on such an unfair

basis,

we

fail to

WtOi EnMnt

comprehend.
Foreign exchange is weak and lower, mainly in consequence
of the pressure of commercial bills chiefly cotton, which
staple has Ijeen moving very freely from the ports this week.
There have also been some offerings of bankers' bills, pre-

Oct. Hi. 1884.

Banks' Int6rlor Morement, as aboTe
Bab-Treae. operations Jc gold loapt*.

Total sold and leeal tenders

The

Bank

of

Ifet

IntoBanlu. Uuto/ Banla

Okotma in

Bank HoUUmgi.

$8,204,000

1,000,000

Loss,
Loss.

114,000
880,000

>2,528.000

iLoss.

(284,000

11,528,000

tl,514,000
730,000
I

England reports

a loss of £924,000

This represents £115,000 sent
buUion for the week.
sumably drawn against securities, although these drafts
abroad and £809,000 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 conThe following indicates the amount
1,021,000 marks.
signed to the Bank of British North America and £100,000
European banks this week and
principal
in
the
of bullion
tj Messrs;.

however,
secure
also to

may

the

Brown Brothers &
at

current
bills

rates

which

with

Any

procure bars.

be arrested, as

it

is

minimum

England.

Still,

an advance in

to

cover

the

taken
gold,
in

bills.

It

Gold.

sterling

Oold.

SUver.

BUvtr.

be met by an upward
22.544,549
19,565,828
42,343,471 41,136,176 |38.G5I,92: 40,703,302
6,771,500 20,314,500 6,^*41.000 20,523.000

by the Bank of Bank of England ...
Bankot Fianoe
the Bank rate might cause Bank of Qermuijr

rate of discount

. .

was supposed, early

loss of

Ottober 25, 1883.

Cclobtr 23, 1884.

and

in the week,

Bank minimum would be put up on Thursday; but

although there was a

at the corresponding date last year.

to

the price of 60-day bills without materially chang-

ing that of sight
that the

be

fiirther decline

in the

fall in

In importing gold

must

likely to

movement
a

Co.

care

£924,000,

it

gained 13-16 in

Total this week
Total previous week

I

.

68,6S0,799 01,450,676 ;6S,037.470 61,223,303
60.477.758161. 390.458 ie8,(107.7L'0 61,317.646

paid $134,227 through the Subbullion, and $700,223 for foreign
domestic
Treasury for

The Assay

Office

THE CHRONICLE.

450

and the Assistant Treasurer received the

bulTiou,

follow-

ing from the Custom House.

Total

Notes.

$373,830 S6
347,145 52
537.6.54 75
4S8,3et' C8
233.808 77
301.791 00

»i.000
10.000
8,000
8.000
10,000

*2,345,599 58

$15,000

,-.,000

Oold

Silver Cer-

Oertlflc'a.

ti/ieates.

S.

XT.

0oU.

" 20.
" 21.
-"
22
" 23

$161,000
93,000
193,000
190,000
yc.ooo
158,000

$119,000
61,000
215,000
168.000
63.000
104,000

$1)0.4IO

$896,00"

$732,000

$671,000

•

181,001

117.00
121,00
OS.OOr
07,000

of

the

Oregon Eailway

&

sides

Navigation Com-

pany, issued this week, confirms the position assumed by us

all

these

doubtful questions on both

the account, and taking the

of

what

of the past

result

company

year just as

it

respects

present requirements for interest and divi-

dends

its

is,

the position of

is

In 1883-4 $1,800,000

?

the

as

per cent) was paid out

(7^-

In the present year only $1,440,000 will

for dividends.

be required for this purpose on the basis of the 6 per cent
dividends

OREGON RAILWAY & NAVIGATION REPORT.
The report

would be reduced in just the sum that was paid
in the year under review.

But disregarding

of—

OoHsiating

Oct. 17.
" 18

XX six.

on that lease

Duties.

DcUe.

of rentals

[Vol.

On

now being
hand

the other

debentures put out
year, the first

Here

paid.

interest
last

is

on

a saving of $360,000.

$5,000,000 7 per cent

April did not count in the late

coupon not

falling

due

till

October.

If this

prove a charge against earnings in the current year,
will wipe out almost the entire gain on the reduction

shall
it

once or twice in these columns, namely, that in the late in dividends. Hence the result as far as surplus is confiscal year the company had not earned the dividends cerned would be not materially difierent from what it was
actually paid out in the twelve months, but that on the in the past year.
But to add to its business in the present
other hand it had certainly earned six per cent the present year, the company has a prospective increase in traffic to
Furthermore the report shows that result from the connection to be made some time in 1884
rate of distribution.

—

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 7^ per Palouse Railroad.
This line, the report states, is comcent dividends, the company earned somewhat over 7 1-5 pleted for 92 miles of its length, and was opened for

the

deficit in

per cent during the year.

Hence the Navigation
business only a short time ago.
some measure^ Company has a prospect of increased traffic from that
brought about by a very decided increase in the income from source also.
miscellaneous sources, which reached $301,444, against
As we have before remarked, the character of the comIt is well to state that this result was, in

only $85,167

in

As

1882-3.

income we have no means

to

the stability

of judging.

We

see

it

of

tlis

includi s

$129,500 as dividend on the stock of the Walla-Walla &
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 latThat seems to have
ter holding all the stock of the road.
been an erroneous assumption. Two years ago, however, the item did appear, and for just about the same
amount,

namely, $129,194.

referred

to

eral

also included

The miscellaneous

receipts

being almost exclusively a water line, it has become chiefly
a rail line, the railroad having slowly but surely superseded the water route wherever practicable. The change
in this respect during the last two years has been most
noteworthy.

We

give below the earnings on each

income account, while

in

the

previous yea'

Narrow Gauge
year

is

division (Oregonian Railway) for

we have made up the
and subtracting the fig-

stated the validity of the lease, but
figures

by using the

totals given

1879-80.
Gross oarnlnL'B
Operating oxpeniea

1880-81.

t
630,8=8
.

Thus

tlie

Gros.s earnings
Operating expens'S..

there would have been a

7^ per cent.

surplus

of $20,700, even after

The item

of rentals, too, is very

greater, being $354,180; in
as

1882-3 the amount was

rental of the "Oregonian Railway

The Navigation Company had

to pay,

we

know, about $72,000 additional in 1883-4 on account of
its proportion of the rental of the Northern Pacific Terminal Company, but otherwise the increase is unexplained.
Great interest attaches to this item of rentals, because the
Oregon Navigation is seeking to have the lease of the
"Oregonian Railway,"' which entails a largo annual losr,
declared void. If

its

1882-83.

I
Oaf-.MO

9F0.033

605,101

670,0i-5

781.529
486,038

18S3-84.

911,829
B85 533

280,450

82i),8Se

303,430

410,014

288,396

2 278,888

2,072,957

1,010.145

697,315

], 282

1,134,5«9

(=31,479

!J87,n43

1.092.830

891 OfiO

Net earnings

549

178,006

1,101,707

Railrnafl Divisitvi—

359.977
00.073

Gross earnings
Operatin-' expenses.

man-

omitted in the late year, instead of a deficit of $70,300,

Company."

1881-82.

3i50,4?9

Net earDlHRs

B89.578
215 301

1,673,741

821,277

l,030.0a0

agement has allowed for $91,000 as depreciation of steam- Nurrow Gnaij'' I>ii'.—
Gross earninixs
ers on the different divisions of the road, Ocean, River, and
Operating expenses.
Net earnings
Puget Sound. Under Mr. A'illard's management, no such
Pugtt Soujiii Division—
charge against income was made. Had the same been
Gross earnings

$145,429, reported

the past

Jiiver Division—

that did not appear in previous returns.

full

divis-

on the

not stated in the report, the company disputing as

Net earnings

point.

the other side of the account have also been brought in

much

result

tlie

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

paying

The

ion of the property for five years past.

$170,887 as balance of gen- ures of the other divisions from them.

It is pcEsib'e the
amount had been only $50,950.
amount to credit this year was so much larger because
of the bond sales made, but we have no definita knowl-

edge on that

From

pany's business has undergone a marked change.

claim should be sustained, the amount

3,585,015

0:^9,«H4

1,503.164

2,031,851

S4.47S

•M

81.936

29.219
< 6.848

8

df,17,6i7

1

(lf.s7,4

144.505

245 449

sio.oas

10

170,717

S4''.'45

5,3'11.9oa

,K8'-1

42710

Net earnings

70,3^3

Divi^-ions—

Gross e;.rnings

2,989,701

Operating expenses.

l.S32,i71

Net earnings
•

2 810.402
i

M45
•df.2,099

Operating expenses

AH

643,061

1

.657,23)

3,730,215
2,0l< 3,383

4,947.980

861

5,100,513
P.njl 171

).6e6,!'e8

2.403,114

2.476,34}

I

;!.544

2 882,331
I

8,482,575

Eleven months only.
In 1879-80 out of total net earnings of $1,657,230, the

$1,101,767, and the Railroad
on the other hand, out
in
1883-4,
only
$269,004;
division
of $2,482,575 total net earnings, the River division con-

River division contributed

tributed only $109,672, and the Railroad divison $2,031,But the changes between the last two years are also
851.

worthy

of note.

Thus the gross earnings on the Railroad
over $700,000 and the net earnings

division increased

OCTOBBR

THE CHRONK^LR.

S5, 1884.]

$191,000, while botii the Ocoan and the River divisions
have lost largely in gross and net. The opening^ of tlio

461

extreme accuracy
tive value of

the

in uocertaining the absolnto

and the

rela-

domestic trade could hardly cause an

Northern Pacific is of course the reason for tliis. The addition of a dollar to tiiat value.
In what does our internal commerce consiiit ?
It is
Ocean line lost tlio through traffic to Portland, which forCentral
racific,
the
and
measured
by the value, at the point of consutnptioD, of
Morly went to San Francisco via
thence by water over the Oregon Navigation lines to all domestic products consumed within the year, plus the
Oregon. Now the Northern I'acific gets this traffic, and excess of value given to foreign goods by and after imporIt takes three railroads to bring a bushel of wheat
of course the Navigation rail lino (forming the western tation.

end of the Northern

The River

traffic to

transfer of

One
ion

Pacific

route)

gains accordingly.

division also has sustained a further loss

the railroad line.

Railroad divis-

feature of the operations of the

is

commenting

worth

We

on.

called

attention

year to the exti-aordinarily low ratio of operating expenses to earnings 35 per cent and remarked
that it was hardly likely that this could be main-

last

—

tained.

Now

the ratio

—

which

42^,

is

is

7^

from Chicago

to

by a another line. In
in the same car.

per

cent

A further rise the present
higher, but is still very low.
year would not be surprising. The existing ratio is possible because of the high rates received by the com•

of that bushel of

value of the

New York by
either case the

one line only one by
wheat comes aU the way
;

would be absurd to multiply the price
wheat by three in order to get at the
It

traffic

over the three lines

first

mentioned.

no matter how many times it
changes hands, no matter how many people are concerned

The trade

in that wheat,

in imparting value to

it,

cannot exceed the

where

will bring at the point

it is

sum

consumed.

the grain

Real estate

transfers properly count for nothing in the internal trade,,

nor does stock speculation count for anything.

These

transactions have to do with the disposition and holding^

pany on both passengers and freight. There has been a of surplus capital by individuals. The vast extent of our
them during the last year, but yet the average country is, of course, the real reason why our internal
was as high as 3-99 cents on passengers per mile and 3-45 exceeds so much our foreign trade. We take a bale of
Additional large reduc- Southern cotton and work it up into woven cloth. The
cents on freight per ton per mile.
The whole value of the cloth at its retail price has entered into
tions in rates are inevitable in the course of time.
company's prosperity must be regarded as in great degree the internal commerce. Great Britain imports the raw
dependent upon whether expenses can be reduced in a cor- cotton, the value of which, in that state, goes into her for-

falling off in

responding ratio to the contraction in rates; or, if not,
whether the loss in earnings from such contraction can be
overcome by an increase in business. The answer to this
query is the key to the immediate future of the property.

INTERNAL AND FOREIGN COMMERCE.

eign trade, while the increment of value belongs to the

The

internal trade.

the effort

at

same in either case. If
had succeeded, and a Southern

effect is the

secession

had been established, the aggregate trade of the
whole continent would probably have been less than it is.
But as every bale of cotton for New England would have
figured in the imports of the Northern republic, and every
republic

"We are not sure whether Mr. Nimmo is doing a useful
work or a harmful one in calling attention to tlie fact that case

of piece goods crossing the Virginia line in those of
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.
there can be no doubt, and speculations (where statistics
We say then that so far as aggregates are concemed,fail) as to the relative magnitude of the two are interest- the only fact of importance is the total value of both
ing.
The importance of the comparison may, however, be foreign and internal commerce combined; and that the

the internal trade of the country

is

very easily over-estimated, as we shall presently undertake

relative

to show.

is

magnitude of the two, being merely an accident,
no consequence whatever. Old England and New
This topic has been a favorite one with Mr. 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, wheresoon Internal Commerce, in which Lis figures and his deduc- ever it may have been grown. The Southern farmer
tions from them were even more magnificent and startling makes as much profit on his investment and labor in prothan are tliose in the report just issued. At that time, ducing that bale, whether he sells it to Old England or to
when the foreign trade was much less than its present vol- New England. The circumstance that in any particular
ume, he set the value of domestic merchandise transported case the cotton is grown, manufactured and consumed
annually by the railroads alone, at eighteen thousand mil-

and adding to this a rough estimate of the
value of goods sent by water and land conveyances other
than railroads, he expressed the opinion that the internal
commerce of the country was nearly twenty-five times as
great as the foreign commerce.
Ho has now reduced his
estimate of the whole value of our domestic products which
lions of dollars,

—

is

of course the

maximum

value of the internal trade

—

to

ten thousand millions, and finds this to be nearly seven
times the value of the average foreign trade of the country.

This radical revision of estimates
opinion

now

is

in accordance with the

generally accepted, which

is

nevertheless

still

based largely upon guesswork, and which can be based on
nothing else in the present state of our knowledge. It may

be

of

without crossing a boundary line between two countries, isit does not teach us that we should

a fortunate accident; but

pay more attention

to the

internal than to the foreign

trade.

And we may

tinction

between the two kinds of trade leads

remark, by the way, that the

after all

it

leads to nothing.

are full of hints
easily lead to

The

to merchants.

tables of

foreign trade

If the value of the internal trade is measured
by that of home products consumed, what becomes of the
exports ? A bushel of corn has been brought from Iowa
It has figured up to that time in the
to Now York.
has acquired all the value which it
and
trade,
internal
would have if consumed in New York. Then it is exported.
Obviously, in getting at the combined valde of the two
kinds of trade the value of that corn must not be counted
And the same remark holds true of every other
twice.
In which category the value of exports
article exported.
is properly to be placed is a fruitful theme for discussion,

will lead to

no useful

practical result.

The possible harm which Mr. Nimmo's speculations may
But the most do is this: it may induce some people to attach too slight

Rightly taken, they

an expansion of that trade.

dis-

a puzzling

question.

approximately.
Independent calculations,
from different groups of ascertained facts, and
pursued by various methods, indicate that it is so. But but either decision of the question
correct

starting

to

may

.

J

-.
.

.

.

THE CHRONICLE.

452

XXXJX.

[Vol.

importance to the foreign trade, because, as compared with been bo greatly restricted, any further contraction seems
the internal trade, it is insignificant. Some one may ask how to be scarcely possible. The trade of the countiy may be
expected to continue its very dull aspect, though the apprethis \dew of the matter can be consistent with the assertion
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 priIn vate arrangements also very considerable. Few business men
national growth and prosperity is concerned, are one.
this way: the foreign trade is desirable, not because it is can recollect such bad times.
Grocery produce, grain and
foreign, but because it is trade.
"We do not think the cotton remain dull and weak, .and tliere are uncertainties as
regards the financial position.
The wool trade, however,
business of Arizona ought to be abandoned because it is
presents a tolerably good aspect, and there lias been more
Nor would a merchant be a very wise doing in coals: but this is owing to tlie
small in amount.
approach of winter,
man who should console himself with the argument em- and cannot be regarded as a sign of general revival,
ployed by Mr. Nimmo, which might be put into words like
This year, owing to the demand for exportation, the reducthese: " Although in a position to do an extensive trade tion in the supply of gold lield by the Bank of England comthroughout the State, I have been so busy in retailing menced at an earlier date than usual. At the commencement
of July it was rather more than £25,000,000, but since that
goods to the people of this village that I have not sotight
date there has been an almost uninterrupted decine, the last
But it is quite needless to enter into return giving
a market outside it."
a total of not more than £30,974,828, being
any argument to prove, that valuable as internal commerce a reduction of rather more than £4,000,000.
Last year

may

foreign

be,

universally

commerce is valuable also. The fact is the movement did not commence until the 26th of September.
The theory that the satisfactory On that date the supply of gold was £26,353,909, but on the

admitted.

proportions of our trade of the one class are a sufficient

reason for not trying to increase the proportions of the
other,

is

The

not tenable.

a very old one.

But

fable of the fox

and the grapes

in that case, the fox only conceived

5th of December it iiad been reduced to £21,948,205, or to the
extent of £4,407,704.
On the 24th of September this year
the B.ink's supply of gold was nearly £22,600,000, but it by no
means necessarily follows that because a sum of about four

was withdrawn last year between that date and
December 5, there should be such an outflow this year. Should
to reach it.
"We must not be expected to adopt tlie view there ba such a movement, we can only anticipate a dear
money market, which would have very bad effects in several
that a foreign trade is not worth having, simply to excuse
is

the idea that the fruit was sour

own

our

when he had

millions

tried in vain

quarters.

lack of enterprise.

has already been stated that the money market in the
week was watchful and uncertain. The
advance which has been made has settled matters to some
extent, but the Bank statement is not a favorable one, and we
are still in a condition of some perplexity. It now remains
for the community to watcii 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 a low one, it
should exerci3e some corrective influences.
The following are the present prices for money.
It

early jiart of the

||K0txctar8g®ofmttxerctal gtiglisTt ^citjs
BATES OF EXCHANGE AT LONDON AND ON LONDON
AT LATEST DATES.
BXOBANOE AT LONDON- Oct. 10.
EXOHANQE ON LONDON
On-

Time.

AmsterOain

Short.

Rate.

12 2l8 »12-3i8

Amsterdam 3 mos. 12-4% 012-478
Hamburg...
25-43^ S25-4S31
Berlin
Frankfort..

•lOCO
0-60

Vienna

-.iOliO

Antwerp

a»20Gl
»20-64
®2C-G4

2000

«''.;0-64

Latest

Time.

Hale.

Oct.

10 Short.

12-12

Oit.
Oct.
Ott.
Oct.
Oct.
Oct.

3 mos.
Short.

20-4:J

Date.

Paris
Checks 25-20 a25'25
Paris
3 1U9S. 25-40 ®25-45
31 ..
St. Petersb'g
241,8 Oct.
16
Genoa
25-.52's»25-57i2

Naples

J5-52iaa35o7J2

Madrid

4C>a'^46°»
4til2S4658
ol''8852

Cadiz
Lisbon
Alexandria.
Conetaut'ple
York. . 60 d'ys

New

Bombay

....

Is Tiad.

Calcutta..
Hong Kong..

Is. 7 lad.

BUanKhai

Dct.

Checks

20-43
20-43
12-16
25-43
25-23

10 3 mos.

21-7 l-J

10 3 mos.

47-6J

Joint

U

At 7 to
Three
Ftour
Six
Three
Four
Six
Stock
Months Montlis^ Months Months Months Months Banks, CaU. Dayt.
i?63>

8 3 mos.

10
1(1

10
10

961*

•li'.i

y

4-S4^
l8. 7163od.

9 4 mos.
•

Is. 7163211.
3s. 878-,l.
fis.

l>sd.

11, 1884.

week.

On Thursday

the directors of the Bank were not long in
announcing a cljange. Some were of opinion that tlie advance
would not exceed half per cent, but those who had given careful consideration to the matter considered that so small a

movement would be ineffective, and the Bank authorities liave
entertained the same idea. Accordingly an advance to 3 per
cent was quickly adopted, and the movement has given satisfaction. 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

-

i>s'3

-'3«® -iixaa

Wa -iWi - 2H3 -ll«@2
m» - i«® - 2Via -!i«®3

lO-y-T

Cables.

Business during the early part of the week was more than
ever at a standstill, owing to tlie unsertaiaty which has pre vailed regarding the future courss o£ the money market. All
discount business in the opan mirket was mide subject tj any
change which might be made by tlie directors of the Bank of
England in their published minimum, and consequently the
applications at th» 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 £593,970 com-

®2H Hi®Z

2

®2>«{2^®3

H
H

2 &2yi 2)«33

Si'l
154I2

The following return shows the present position of the
Bank of England, the Bank rate of discount, the price of
consols, the average quotation for English wheat, the price of

middling upland cotton, of No. 40 mule twist, fair 3d quality,
and the Clearing House return for the past week, compared
with previous years:
1833.

1881,

1881.

1882.

»

£
Olroulatlon
28,251, •50
•5,7129.->3
Public deposits
2S.96K,818
Other deposits
Govci-nm't seciiritleB. 15,609.998
Other securities
23.545,S6:i
Kes've of notes A coin 10,473,078
Coin and bullion in

28.905.835

25.016.703
14.179,008
20.769.395
12,677,100

26,951,525
4,597,765
25,883,134
13,981,037
24,402,006
9,992 493

23,263,425

21,194,019

21,074,343

26,336,325
4,131.!h93

both departments.. 20,974,828
Proport'n of reserve
32-81
to liabilities
3 P.O.
Bank rate
10118
Consols
32-i.
price
4 1.
-wheat,
av.
Enc.

Upland cotton..
No. 40 mule twi.st.

42 14
3 p. c.
1013i«

.

26.010.787
16.766,675
21.953,380
9,918,508

5 p.

32
5 p. o.

o.

98-8

lOlOg

40s. 2d.

39s. 6d.
e^Bd.

46ii.

9d.

71 led.

lO^d.

lOi.id.

9>4d.

9»8d.

4,6.16,171

32 19

5%d.

.Mid.

CleariuK-Uouseret'u. 107,292,000 102,741,000 102,673,000 103,474,000

The Bank

rate of discount

chief Continental cities
have been as follows:

and open market

now and

rates at the

for the previous three

weeks

Septaiiber 25.

September IS.

Bank

Open

Bank

Open

Bank

Open

Bank

Rate.

Market

Rate.

Market

Bate.

Afartet

Batt.

Octohrr

».

October

2.

Ratao/
Interest at

Paris
Berlin

3
4

2'-!!

«

Frankfort

3;i

Hambars

3

A.mBterdam

~S

S

does not attract gold to the market, should have some ten-

4 '4

4Ji

dency to check its outflow.
So far as business is concerned,

4

4
6
4

St.

has for so long a time past

2

- 15^32 I2M3 - 2 ® - 2K32J4 2«33
— j3J4ia -|3 ® -|2H® - iH» - 3X® 3W® - 4 ® -

3
3

it

by

|

London, Saturday, Oct.

last

ftir deposits

Trade BiU».

l?s9

Oct.
Cot.
Got.
Oct.
Oct.
Oct.
Oct.

Interest alloived

rates.

j

[From our own correspondent.

pared with

Open market

Petersburg..

Copenhagen

3

a

6

4

4«

~ir

~a
SM
3X
3H

3!i

4

SH
an
2«
HH
4«
SH

8
3
S

«3<
B

4

SH

6

6

6

4

4

4

Open
Market
3

3M
3>S

3
S
S
4
«

3H
6

3M
6

OCTOBIS

«

1

.

.

THE CHRONICLR

S5, 1884.

In reference to the stato of the bullion market during
the pnst week, Messrs. Pixley & Abell reinnrk:
GolU,^TIio Hiinlc of KiiKlmul h la sold X2S7,000 bur koM for Now
York, £S^,000 m)viTi'l(?in foi- 10i{y|it. (mil i.'iO.OOO sovuriUa* for
Tlin

I.lnlioii.

Taiiiiir

:

£^.HllO from \V<'«t

liroiixlit

[luUc.i:

ITi'VPlltii!

fnim IliitMiiiH Arri'9: Clilmiw>rii/,!) Iii-oiik'lic £'.:oill'0
Aii8tr,illii.
Tlio KiUiir i lliiiil tiikfH JB3j,000 bm-Kold to llummill ii'),'i,O0O 111 Hovfri'tn'H to Alox imlriii.
.Silver— !la» ri'iiinlii(-il iit tlio ^;^nn) •lootatluii, SO^sl. per oz. stanunrd
118 Klvcn In our liu-t ; but today, owliiK lo a fi»lllii({ oir hi tUo ludluii
exi'lmiiKiM, and llio small nmoiint nll'erlns, tlie iiritkot 1h very oulot.
Tlio (JiTuiaiilo lirnni;lit froiii New York X14,000; tlin Kal^nr-l-lllnd
b»» tiikrii i 1,'>,00(I to liombay mid *I.'>,5(H) to Ciilcuttii.
Moxk'iia I)ullar8. owhijc to llio paralyHatloii of trade, on ua(>onnt of
broiiK'it *.l,300

from

bii.v

the uncertain r.latloui of tlia Fromli and riilnose Koverumcnts, liavo
iflvcn way, and are now (|Uotod nomliinlly 50^1. per oz. There hiiva
been no arrivals of conRcnueuce during the week. The Oansea takoa
to-day jES;),100 for Peuau)}, £33,70} for II)aic Konit and 4353 for

453

Hour »,050 barrels and

S3i),8.'i0

The following shows the extent of the ales of homegrown wheat, barley and oats in the 187 principal markets of England and Walea together with the average
prices realized during the first Ave weeks of the seaaon, compared with the corresponding period last year,

^

Wheat^
Barley
0»t«

51,170

Oct.

9.

d.

>.

DH

Bar KOM. One....o<. 77
Bar Kold, oontaln'R

9.

».

d.

Oct.

».

77

8pan.doublooD9.oi.

Oct.

9.

d.

50T<

iOH

tn<5gTs.KOld..oi.

Bl^

81

•

BJkja.donblooiis.o>.

Cake Bilver
oi.
Mexican doIs...os.
ChUlandola
oi.

MH
mm

D.S.KOIdcoln...o>.
G«r.go]d ooln...ot.

Wheat

£,"),,'500,000 3J^ per cent New South Wales Gov.
Inscribed stock were opened at the Bank of England

received 55 per cent, and

by Messrs. Borthwick, "Wark

.Applications will be received

*

on account of the Louisville & Nashville Railroad Company, for an issue of $5,000,000 6 per cent 10-40 adjustment 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
Co.,

the expiration of ten years at par. Price of issue 68 per cent
at 43. per dollar; and 50,0C0 shares of 100 dollars each or
^.1,000,000

common

capital stock

1883.
4,940,950

I.

43 11
35 7

a.

61

3

34 7
22 9

2111

totals for

1882.
3.982,000

the

1881.
3,4'J0,730

of the imports of

Kingdom during

weeks of the season, the average prices
items, compared with last season

Tenders for

13s.

1884.
5,179.260

o-wt.

1881.

d.

t.

41 3
33 4
20 5

cereal produce into the United

is having, it is said, a decidedly adverse effect upon the Oovernmeat 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 at £93
above that price in full.

1882.

d.

The following return shows the extent

84M

money

on Tuesday.

t.

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

a.

1

Tlie increasing value of

17,140

1883.

d.

33 6
32 2
19 5

pcrqr.

Barley
Oats

d.

BarsllTer.flne-.oi.
Bar Bllrer.contaln-

T7 tOX

77 11

aodwt».sllTer..oi.

0.;f.

1991.
197,351
32.332
18,220

22».7t)5
70.14.S

AVERAOE PBICES.
Wheat

Prict of auver.

Octd.

1992.

335,ni>
14.\963
02,441

827,-.i02

1884.

for bullion are reported as follows:

Prtaaf

emment

BALES.
1883.

1884.
379,331

qr».

ShanK'ii'l.

The quotations

b«mla and

sacka, againtt 4,979

309,153 Hacks in 1883.

the

realized,

first

five

and other

IMPOR-rS.

IS64.

Wheat
Barley
Oats

2,246,802
1,204,323
115,593
351,474
2,409,743
1,627,630

Peas
Beans
Indian
Floor

1883.
7.607,248
1,575.586
1,136,377

7.8H,B62

owt.

oom

63,G.'>9

342,855
3,367,372
1,292,903

1882.
9,808,788
672,176
1,499,493
70,701
115,137
1.674,062

1881.

244.979
3,239,267

l,38i),710

l,lij2.&71

6,3152,247

814,824
1,034,216
.'.3,192

Supphes available for consumption (exclusive of September)
in five weeks
:

1884.
7,814,962
1,627,690

1883.
7,«97.213
1,292,903

1882.
9,808,788
1,339,710

5,479,26J

4,310.850

3,98-2,000

3,120,750

Total
14,921,912 13,831,C01 15,181,098
Av'ge price of English
wheat for seasou.qrs. 33s. Od.
433. lid.
41s. 3.t.
Visiblcsnppiy of wheat
in the U. 8
l)u.sh. 24,200.000 23.300.000
13,287,951
Afloat to U.K
qrs. 1,005,000
1,885,000
2,153,000

10,975,968

Imports of wheat,
Imports of flour
Bales of

c-wt.

1831.
6,352.217
1,182,971

home-grown

produce

513.3d.

19,6U,81l
2.099,000

price of issue 37 per cent at

;

per dollar.
EnsIlsU iUarlcet Report*— Per Cable.
The Board of Trade returns which have been published this
The daily closing quotations for securities, &c., at London,
week do not exhibit any distinctive or encouraging features. and for breadstuffs and provisions at Liverpool, are reported
31:
They are, in fact, very uninteresting, and show a slight by cable as follows for the week ending Oct.
improvement, though only to the extent of a few thousand
3fott.
Wed. Thuri.
Fri.
London.
Sat.
Tkm.
pounds. The following are the totals
Is.

I

I

:

"

Imports in September
Imports iu 9 mouths..
Exports iu September.
Exports in 9 mouths

18R2.
£3.88'2,403
t)7,So0.l75
• 0,92-^.413

*3,237,i)5(>
(i6,3i8,139
20,49?,, tPi

IS
S.!, 134,941

179.665,08p

1?84.
«3,368,0fl7

ia"?s.

The following are some of the leading items

Ul,70i.57G
20,505,94.5

170,969,097

Cotton—

:

.\11

quarters

-.Vine inonlha.

,

18;t3,
65(),3Si5

From United States. cwt.

cwt. 1,330,780

Wheat—

cwt

2,573,08-2

10.819,126
545,S17 10,595,703
7,036,219 49,920,273

1,613,7.30

owt. 45S,43i>
cwt.6,32 4,190

Flour—
Uulted States

OnCSil

0«4,536

8,484,!)33

All (luarters

1 ,053,'.i47
1, 450,670
12,215,412
EXI'ORTS TO LSITKD STATES.
Cotton piece goods yds.3,123,100 3.821,000 49,204,100
Linen piece goods.. yds.G.O32,90O 5,710,000 58,814,300

Woolen faijncs
Worsted f.ibrics

yds. 389,200
.ydd.2,997,400

The movements

nour (ex.

7.091,228
11,3G1,374

Wheat, No. 1, wh.
Spring, No. 2, u.
Winter. South, n

44,173,900
57,099,200
4,375.300

26,963,800

2:^,941 ,1U0

in the precious metals

have been

as follows:

4,-2G(i,UO0

To and from UnUed Statt:

GOLD.
I8S2.

1883.

1

1882.

1834.

270

780.0571
8n,0'l4
714.476
«,U32,I4-i 7,288.703
T;h,10J:
84-2,«iBJ, 1.844,414
6,834,124 0,783,581 7,031.458
6,741).1»S2

The exports of

silver to British India
1882.

In September
In nine months

1.-80

0,064,588
38,425

46,365

0W,1U1

4,(i3-2

.

SILVER.
mports in >ept..

£

£

1

114.684

321.-125

1, 613,08 i

2,083,733

ai7,5(M
1,032,179

25,626

'48,630

"sVlM

were:
1884.

1S83.

4527.0H

*709,200

*978,300

4,635,737

4,5Ss;,ll9

6,208,418

The wheat trade has continued to

rule extremely quiet, and
been very little change either in English or foreign
produce.
The imports have Ijoen rather less extensive, but

there

ha.s

the quantity of wheat and flour afloat
1,669,000 quarters.

The stock

of

wheat

is

in

still

liberal, viz.,

London

Sat.

5058

1001:111, icon's

lOOiSie 101
78-15 79-10
11538 lla^
123!li
1233a
44^8
45^8
70^1
70 59
13%
13'a
52Jfl

122 "a
53

1114

11

122

Jfon.

10

lb.

d.

9

"

9

"
"
"

6
9 8
6 7
7 2
7

6
9
6
7

Winter, West., n
"
No. 1
"
No. 2
6
6
Corn, mix., old... "
Oorn, mix., new.. "
Pork, West. mess.. V bbl 65
48
Baoon, long clear
Beef, pr. mess, nevr.f tc 78
Uird, prime West. V owl 39
OUeese, Am. choice
153
Cal.,
Cal.,

,">

8
Ola

4

3

-'b

90 14

t.

8tate).100

.'.038

Titei.
t.

d.

10
G
6
9

9
9
7

7

K

7
4

5011 u

100 :U
10<"4

50=8
lOO's
lOO'a

78-2'>

(78-40

.50=8

lOO's
101
78-27>s
11578
12378
15 •'8
775a

115 ^.i
124

45%

1379

75^8
13»8

122%

120%

33
12

62 >«

91%
Wea.

:

d.

10 9
6 9
6 7
9 8
7
7

7
6
3
5 Oi* !t o^' 5
5
3 4>t 5
65
65
65
47
47
78
73
78
33
33
33
53
58
58

1

7

OH
4

im

!

8S)'9

Thxira.
$.

d.

10
6
6

9
8
7
8

9
6 7
7 I
6 7
5

0>s

S

3

65
3

78
38
58

6

'

1

116%
12418
4014
77 14
I414
122'9
53 14
11-8
90^8
Fri,

T"d7
10 9
6 8

6 7
9 8
6 7
7 1
6 7
5
65
17
78 O
33 6
J9

"V

1884.

1883.

(

Great Britain's
i:
£
£
S
Imports In seut. .. , aiHJJll
R7B.741
344.742
88,809
Imports Inii mos.. 12,567.B«3I 0.4(W.4l!0 O.OS-S.DIIO 6,093,123
Kxporls In 8ept.
584.7181
380.4311
1)77.273
170
£xport8in0 mus.. 10,445,488' 4,40B,UU5 8,»41,287
83,439

mpifrts in tlcijos..
Exports In 8ept...
Exports III U mos..

301116
IpOiSif

Liverpool.

11,914,167
7,474,067
37,699,117

402.300
2,G28,3UO

To and /ram aU CamitHcs.

d.

Consols for money
ifil
Consols for accotmt
Fr'ch rentes (in Paris) fr 78-13
ll5>a
U. S. 4»ssof 1891
123 =8
U.S. 48 of 1907
43»3
Canadian Paoiflo
Chlo. Mil. & St. Paul.... 79 "n
1378
Brie, common stoclc
125
lUlnois Central
5313
Pennsylvania
Phtlndelphia & Reading lli-j
93 >8
Ssw Tor l< Central

United StatesAtlantic porta
Paellic ports
All quartets

peroz

•.

IMPORTS.
Seplembe'-

Jilver,

is

536,762

quarters, against 886,484 quarters at this date last year, of

©ommcvciitl ami ^isccUattcaws Ucws
National B.vsks.—The following national banks have lately
been organized:
3,2cO—The First National Bivnk of Mtnnminec, Mi.-h. Capital, $30,000.
8. M. Stephenson, President tJ. A. Bleseh. Caihier.
3,257—The Windsor National Bank. Wiiid.^or. Vt. Capital, ^0,000.
Hiram Harlow, President; J. 8. Walker, Jr., Cashier.
Imports and Exports for the Week.—The imports of last
week, compared with those of the preceding week, show
an increase in both dry goods and general merchimdise.
The total imports wore $8,007,013, against $6,335,045 the preceding week and $8,233,312 two weeks previous. The exports
for the week ended Oct. 21 amounted to $6.403,33J, agaiMt
;

week and $7,110,5.)(j two weeks previou?. The
following aie the imports at New York for the week endingr
grneral
(tor drv goods) Oct. 10, and for the week ending (for
merchandise) Oct. 17 also totals since the begmnmg of Iho
$5,651, 9.>8 last

;

first

week

in Januarv:

..

THE CHRONICLE.

464
FOBBION IMPOKTS AT

$2,299,231

$2,222,620
7,966,147

$l,S32.f'47

7,i»15,318

$10,214,552

$10,188,767

49,882,572

$8,007,013

$94,472,875 $112,351,141 $103,595,86»
263,267,696 297,733,941 268,347,706

$98,121,007
250,827.38j

Gen'lmor'diBe..
Total
Since Jan. 1.

Sen'Imer'dise..

$410,085,035 $371,943,574 $348,948,389

veekfl. $357,740,571

Total 42

$2,010,104
5,996,909

8,049,925

In our report of tho dry goods trade will be found the imports 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

and from January 1 to
NEW YORK FOR THE WEEK.

date:

Oct. 21, 1884,

BXPORT8 FROM

1884.

1883.

1882.

1881.

$S,086,n39
268,261,330

$6,500,674
301,981,068

Fertile week...
P«T. reported..

$6.403,3r'2

$7,101,311
231,911.681

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 OP BPEOFB AT NBW YORK.
Imports.

Exports.
Gold.

Week.

Oreat Britain

SiticeJan.l.

9

QermaiiT

Mexico
Bouth America

Since Jan.l

Week.

$4,556.7"0

$26,474,870 41,140.918
4,352,824
14.\992
l,C.i8,920
239,418
3,888,014
901
7.800
774,551
11,661
766,042

2,41v;,.''98

2.215,716
3,92-<,787
lO.O.iO

>

"7S6

All other oountriee. .

Tetal 1884
Total 1883
Total 188J

270,506
28,8S6

$780 $37,923,021 $1,538,889 $15,423,303
2ii',6c6

218.021
129,110

412.043
33,823.2B4

s.gii.s.'.o

1,83 1,182

Silver.

Oreat Britain

$161,800
25,000

Gennaii}'.... ....
West Indies

.

..

Boutb America

"883

$9,819,972
799.156
166,045
56,611

4.396

20f<,817
6:i,269

All other countries. .

$

$2,285
8l3

46 59(1
872.681

33',514

14,160
21,916

1,829,482

$72,626
270.689
13,573

$3,033,55 4

242.958
31,715

83,992

Total 1884
Total 1883
Total 1882

$192,079 $11,197,992
5-2.919 12,458,019
139,763
9,577,879

4,71><,211

2,120,695

Of the above imports for the week in 1884, |1, 538,889 were
American gold coin and $72,626 American silver coin. Of the
exports during the game time, $780 were American gold
coin and $883 American silver coin.

—

Sub-Tre.\surt. The following table shows the receipts
at the Sub-Treasury in this city, as well as the
balances in the same, for each day of the past week :

U.

S.

and payments

Salancei.
Date.

Payments.

Meceipta.

$
Oct. 18.
" 20.
" 21.
" 22.
•'
23.
" 24.

$

7.56.221!

96

1,672,671 07
2,216,531! .8
1.029.484 74

$

Currency.

$

9;i9,113 24 130,1 09,075 38 9.810,018 06
26 129,892.442 91 10,l'>9,3(i8 34
l.i'-'9,375 07 130.283.2-5 18 10.i05.62.j 91
1, '•311.013

1.2m2,597 27

2,620 821 63 128.917.556 61 10.080.012 63
1,203,931 61 128,903,819 05 10,112,179 12
899,927 44 129,316,131 68 10,032,218 -i-J.

8,219.873 53

9.24'^,

1,342,

Total...

Coin.

60 51

New

185 25

& Texas.—This road extends
from Memphis, Tenn., to New Orleans, La., 455 miles, and
forms the connecting link in what is known as the Huntington
system, extending across the continent. A map of the Louisville New Orleans & Texas Road will be found in the Investors'
LonisTille

XXXIX.

Pittsbnrjf & Western— Pittsburg Cleveland & Toledo.—
Pittsburg, Oct. 20, the stockholders of the Pittsburg
Western Railroad held a meeting, and about two-thirds of the
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 & Western for ninety-nine years.

&

At

1884.

1883.

1882.

Dry goodg

Dry Koode

NBW TOHK.

1881.

For Week.

[701.

Orleans

Rochester

&

Pittsburg.

—The Bondholders' Committee has

issued a circular, under date of October 15. addressed to the
Pittsburg Railroad Company.
stockholders of the Rochester
The circular refers to the issue of tlie second mortgage, of
which only $1,132, .500 were taken, and then continues: " It is
believed that if under such foreclosure proceedings, are-organization can be effected within a reasonable time, the second
mortgage bondholders will take for their bonds the 75 per cent
and accrued interest which they gave for them, and the floating debt creditors will take their money with like interest, and
not meantime sacrifice the bonds which they hold as collateral.
The 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. Subject 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 common stock. The preferred stock to be entitled to a dividend
of 6 per cent in any one year, but non-cumulative, before any
dividend shall be made in that year oiythe common stock, any
further dividend in that year to be on the common stock to an
amount not exceeding 6 per cent, thereafter dividends lor 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 $fi0 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 e.xet'uted by said new company 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 this manner will pay the second mortgage bonds and the floating debt on the terms above stated,
and leave the new company with funds ample for the necessities o" its business.
"Despite the present unfortunate financial condition of your
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 suflicient to meet all tlie fixed charges for
wliich the new company will be liable should the proposed reorganization be effected." * * *

—

Tennessee Railroad Suits. At Washington. Oct. 23, the
Tennessee bond cases, which comprise sixteen suits against
railroad corporations, were called for argument in the United
States Supreme Court. There was an extraordinary array of
counsel present. The bonds are part of those ishued by the
State of Tennessee in aid of the railroads. The bondholders
ask that they be declared a lien on the roads, claiming that
they were issued for the benefit of the roads. The railroad
comjianies claim that the lien was for the benefit of the State,
and the bonds were a direct obligation of the State only.

—

Banks, bankers and railroad companies and others, desiring correspondents in this citj% are invited to notice the
card of Messrs. H. B. Hollins & Co., in to-day's CHRONICLE.
This firm is well and favorably known in the Street as members of the New York Stock Exchange and dealers in firstclass investment securities, while paying particular attention
to the purchase and sale of all classes of stocks and bonds for
cash or on magin.

—

Messrs. Drexel, Morgan & C >. announce the closing of the
opened for through business Oct. 13. subscriptions for the New York Central & Hudson River
The income bonds are a first mortgage on 750,000 acres of land Railroad debenture 5s. The whole loan has been allotted, the
in the Yazoo Delta. The company hold a controlling interest subscriptions having exceeded the amount offered.
in the Miss. & Tenn. RR. It iv expected that the railroad facilThe 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
or at the transfer agency of Messrs. Lounsbery &
Wm. M. Johnson, Wm. Mahl, Isaac E. Gates, E. H. Pardee Francisco,
New York; A. C. Hutchinson, J. G. Schriever, J. A. Grant' Co., 15 Broad Street, New York.
New Orleans; J. M. Edwards, Memphis. Officers: R. T. WilAuction Sales. Tlie following, seldom or never sold at the
son, President; J. M. Edwards, Vice-President and General Stock Exchange, were sold at auction this week by Messrs.
Adrian H. MuUer & Son:
Manager; C. H. Bosher, Secretary; F. H. Davis, Treasurer.

Supplement of

Sept.

5,

this date.
1884; the road was

The present company was organized

—

—

—This company has

leased the old Clinton & Port Hudson
with the privilege of buying it at the expiration of that time. The Clinton road extends from Port
Hudson, La., on the Mississippi, nortlieast to Clinton. 21^,'

road for

five years,

miles,
•.<^"n<7nnn*^"/lu-".
of

•'

-

* Western.—This company

has issued
Tlie mortgage has

thirty-year
per cent bonds.
l)y a large majority of the stockholders.
Two
million dollars of the bonds are set 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 $3,000,000 of bonds are to be used by the company
for
payment of its floating tlebt and for other purposes.

f4,000,000

been authorized

Shares.

113
12

283
New York ('crry Co
New York Gusltght Co.. .17912

16 United Stiites Trust Co. .47512
15 auk of Manhattan Co 149I2
40 Aiuer. K\cli. Nat. Hank. .121
10 Fiiltiin Nat. Bank. N. Y..lia
100
5 Blink of N. Anienca
2 K.ank of Sfiite of N. Y....109
<

$10,000 B'klyn City

(P.

Pk)

7s,cnup.,(lnel915.140''8&int.
$10,0011 Broiiklvn City (N. Y.
Brirl(,'e)

78,

rcg.,

1919
$I2,00'i I'lusliiuK, L.

I.,

dne
lll&int.
78,

Water, due liH 3 .. 125&int.
$1,400 N. Y. City 58 consol.
2 Ldiitf Is'nnd Ins. Co
104
inu'., due 1926. redeem40 Niclit Watcli Sil. Mine. lot, $17
able nfte'- 1896
Ill .feint.
25 Bank of Auicriea
1 '2
$1,000 N. Y Citv7!<, Soldiers'
16 Shon & T-eather Bk, N.Y 1 lOig
BMitv Fd, due li91. ll9<fciDt.
8 Uiiiteaataics Trust Co ..47Ci.i $1,000 < hie. Dauv. & Vino.
Con V
la
f cir $25
100 B. U. & Eric RR. Co
Jlontis.
$2,00 B'lilvn Flat. & Coney
island RR. Co. iBt 7s,
$1,000 Cln. Kiel). & Cliie. RR.
due 1898
Co. 1st 7s, due 1895. ...105
OCl
.

1

.

OcrOBBK

THE CHRONICLR

2S, 1884.]

wem

tut f""
To-<lay the rates on ootual husinem
BiiMkoni' 60 days sterling, 4 H0',(./)4 HO';; <l.ininK
wiio
4H:>>^. Cablet), 4 84. CoininiTi-mJ billn
Continental bills were: Francs, 5 24?, bhI
rei.hmarks, W)i and 94/^(895; guilders, 81) „

'^he ilanUcrs' C^aectte.

DIVIDBNDB.
The

folIowlniirtlTlrt<«nrti»

Name
l;

-t

'11

*

havd noaatlr

When

of Company.

Ballroada.

A

l,iiwr«rico
M.i'irlii-KtiT
Nhv. (luar.) ...
i)iiniiii U'nHv

IS

Nftttonainiy

5

&
Bauk*.

P-rirti-

5
2

Nov.

((|iiiir.)

"iiiil

Jfllnri-IIitiivou*.
Piillmau'd Pulacc Car lo. (anar.)

1

Oct.

2'2

1

to Out. 31
Oc-t. 22 to Oct. 31
Oor. va to Oct. a I

Nov.
Nov.

buying
V4 (li-wount. selling ]i dis<ount («« par; Charleston,
Boston 5<airi
discount, Belling \>aT (Hi <;; premium
8 1»1("!.,
New Orleans, commercial, hiu<(~'> iliwount; hank
preiiiiuin
Cliicago. 25 premium.
St. Ltmis, 75 premium
100 premium
The posted rates of leadin/t bankers ore as follows :
;

to Nov. S

;

;

I

,;

/^

:

1

1

'4
.'J.

The following were the ratci of domestic oxchanm on New
York at the under-nienfionc-d cities to-day: Havannah, buying

(Dayt inelu*ivt.)
19 to

1

"i«:

"

40.

Oct.

N(iT.

Nov.
Vov.
Nov.

:

BvtktOlo—d.

1

Payuble.

Oenl.

I'lnvhloini'

Uiiiou Niir

»nnoune«d

l»een

455

Oct.

2.%

to Nov. 16

15 Nov. 2

HKW YORK. FRIDAY.

OCT. -^4. 1884-9 P. n.
TheMonpy Market and Financial 81tnation.—Tho excitement ovi-r tlu! coining elections is eo great as to put a temporary check on business.

So far as tlie railroads are concerned there has not been a
time for years when the trunk line situation was so mi.YOd as
at present, and at the same time so intensely interesting in it.i
future developments.. The collapse in prices and
has unsettled a number of the great corporations, and the future control of at least five of these remains
in tmcertainty, viz.: West Shore, Erie, Jersey Central, Readjiossibility of

deficit in earnings

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 Okiuld
and his associates with a purpose of getting control of West
Shore, Lake Shore and Oregon Navigation, which, with the control of Wabash and Union Pacific, would give them a continuous 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. Theeo reports as
tliey have come out were sul)stantially as quoted below, and
may be taken for whatever they are worth:
1 lie npw8 tape Ratil: "We aro iuformfd tliivt Bteps have been taken
1
wUioh are likely to resiiit in a elo8o and permanent workluj,' an-nnKenieiit between the West Shore and Wabasli rouils. We hear that the
larttc bnjers of l.alic Shore the past CO days, instead of belnj; Vanderbllt wop:e. have lieeu pariie- interested in this matter. It is rumored
that an attempt is to be nuid- to eet control of Lake Shore for a connection belweeii Went Shoie & Wabash."
On Thursday the Dow & Jones Ntws-Letter said :
2. "We can state upon good authority that responsible parties (Gould.
Field and oihers] have tendered to President Stewart, of the United
States Trust Company, a proposition for the lease or riiniiiog of the West
t-hore road. Tho basis of the lease would make Westf-hore bonds worth

Sixty

October 24.

Hay Demand,

*n

4 84

Prime hankerH'sterltni; blllnon Ix>ndon..
Prime conimerolal
Documentary oominerolal

4 7(>M

Paris (francs)

5

Amgterdam

((fullders)

Prankfort or Bremen (relohmarkii)

Coins. —The
coins

5 20"^

2ri>«

40

40 >4

94>(

95>«

following are quotations in gold for varioiu

:

94 83
3 8«
Niooleons
X i Rolchmarks. 4 74
3 90
Guilders
X
8 lan'hUoubloons.lS h!i
Doubloons.
.15
.Mix.
Siverelgns

M

F aesUverbarg

..

Fine gold bars
D m«aA >« dimes.

— 99%9 par.
— M^a — 94 >«
— 87 » — 87%
Do uneommerc'l. — Kt,\9 - 86%
Peruvian soles.... — 79>»»

«$4 97

«
!»
•»

Silver >48 and >sa.
Five francs
Mexican dollars..

3 90
4 78

4 00

i»I5 65

alS

e.'i

1 TCa
para^prem

1 09'te9

—

oa^iH

4 7X » 4 'i
English silver
80 la » — eriH
U. 8. trade dollars
U. e. sllverdollars— flgv* par.

par

United States Bonds.— The transactions in government
Iwnds have been on a very small scale, but prices have been
strong and show a slight advance for the 48 and 4J^8 as compared with quotations ruling last Friday.
The closing prices at the N. Y. Board have been as follows:

reg

4><8,1891
4*19.1831

coup
reg
ooap.

49,1907
48,1907
33, option U. 8
()3,cur'oy, '95

6s,oar'oy,
««,oar'ey,
6i,enr'oy,
Os.onr'cy.
•

—
—
—
—
—

reg.

reg
'96
reg.
'97
reg.
'98
reg.
'99.. .reg.

Oct.

Oct.

Oct.

Oct.

OeL

Oct.

18.

20.

21.

22.

23.

24.

*1121'112^

'll?38 112-'s^ll2»«*112%
ll^ia •II'.jSb '112»s 1I2'«^1121«"U2%
-ll^'s'llO's' I2014 12 Sk. ICO»8'I20«»
120^8 120% 120%
*119'8*119''8i*120
•100'«'
;oo I'loo *ioo
.•125
12.% i*125
•125
125 •125
1

12B
127
128
130

126
127
128
130

•120
•128
•129

120
!27

126
129

131

12.^

130

131
133

•126
•130
•132
•133

This is the price bid at the morning board no laU was maae.
State and Railroad Bonds.— In State bonds little has been
;

done, the sales including only $10,000 Virginia Gs deferred at
.$19,000 Tennessee compromise bonds at 43-45 and $il2,000
;

do. Cs old at 40V^-39.
The market for railroad Iwnds has been variable, but generally weaker for the more speculative clas.ses, in sympathy with
developments
in
fiomethin^ niiru tlian the present jnice. Impoitant
West Shore 5s have shown considerable activity at
stocks.
coniKMtion with West Shore and the railroad war are expected within
Rio Grande Ists
times, and Northern Pacific and Denver
forty-eii;ht hours."
were conspicuous for weakness, the latter on a rumor that the
Nav. Co. :
The same report said as to the Oregon R.
company had decided to pass the interest due on Nov. 1,
3. "We have inquired at Mr. Gould's ofJlee if there is anv truth In the
although such default would seem to be entirely inexcusable.
report that Union racitic hac secured control of Oregon NaviL'ation.and
In Philadelphia the following sales at auction of Reading
wore tobl Ihat people ideuiilied with Union Paeitlc have for sonio time
little
effort
on
had lari<e inicrc!>ts in Oresron Navication, and that a
securities held as collateral were made #50.000 incomes at
their part would cive them control of the property. « • • The facts
These prices
35, 110,000 1st 5s at 38 and $60,000 2d .5s at 20.
are these O. T. has a loan due. It has projiosed to pive notes with
sales at the Board, and the effect of
Oreg.'ii Navlgailoii and Northern Paeitlc preferred and common stocks were much below recent
as collateral. 'Ihe matter has been under ounsidciation, but has not them was depressing. Erie ids close at 54, against 53 last
been concluded."
Friday; West Shore 5s at 42 Jg, against 41^8 Northern Pacific
Rio Grande Ists at 7.5,
Rates for call loans during the week on stock aiul bond col- Ists at 102, against 103; Denver
aterals have ranged at 1 to 3 per cent and to-day at 1@2 per against 85 ; East Tennessee incomes at 13, against lS}g Metrocent. Prime commercial paper is quoted at 5(86 per cent.
jxilitan Elevated Ists at 107, against 106.
The Baak of England weekly statement on Thursday showed
Railroad and Miscellaneons Stocks.—The depression
a loss in specie of £924,000, and the percentage of reserve to which set in last week has made further and important progthe discount
liabilities was 30 1-16, against 35'<i last week
ress during the week under review. The transactions have
rate remains at 3 per cent. The Bank of France gained 3,.5J0,- been larger tlian for some time past and at times considerable
000 francs in gold and 3,050,000 francs in silver.
excitement has been manifested. The Vanderbilt sticks have
Tho New York Clearing-House banks, in their statement of led the decline and the rest of the list generxlly responded.
Oct. ly, showed a decrease in surplus reserve of $447, .550 Occasional slight re-actions have occurr- d, but the geiieral
tlie total surplus being $31,665,750, against |32,113,300 the
been downward and the result shows materially

&

&

:

:

;

&

;

;

previous week.
The following table shows the changes from the previous
week and a comparison with the two preceding years in the
averages of the New York Clearing House banks.
1884.

Dif^er'itea fr'm]

1883.

Oil. 18.

n-evious WeekA

Oct. iO.

Loans and dia.
HmiUClrenbitioii...
Net deposits..

Legal tttudera.
Legal reserve
Beservelield.
Bnrpltts

1882.
oat. 21.
.

I-

-

$2i)1.70'',tOf fnc .$1,0R.'5, 400$ 127,71 8,S00 $31 0.^np. 2*1
77.:«l,SO('!r)L-c.

O.-)7.40O

.')3..=i44.IO(

12.71a. S.Kt; Dec.
Inc.

132.000
833.0 jO
318.100

If ,2;«.0
312.7!»(5.a00

314,9iil.<l'l

33,01<i.2 b Inc.
ST>i,72r,,2.'0 Inc.

.??08,:.10

110,391,000 Deo.

230,300

$31,065.750100(5.

—

>'

;'::!.

1.1.1

Oj

i-.7i;:i,ii«'
2-<'.i)',)(;.20O

20.317,700
$78,199.22"| $71,271,050
74,0112,800
73.182,000
24,(i37,yi)Oi

*417,5.'i0 Def.

$17,'.'25!

$2,789,750

Gxchanare. Sterling exchange has been very dttll, due in
part to the continued strength in the London money market
and also to the increasing supply of commercial bills. On
Tuesday, and again to day, the [xwled rates for bankers' sterling were reduced }^c. each, being quoted now at 4 81 and
4 84, and tliis h;ul the effect of temporarily stimulating the
demand. Tliere have been moderate importations of gold, and
if present tendencies do not materially change, further shipment of gold from the other side are looked for.

course has

lower prices than those ruling a week ago.
The influences which have contributed to this renewecl depression are various, but it is probably due largely to si>eculative manipulation by bears, and they have l)een aided by certain
statements of Mr. Vanderbilt's, which have lie. n construed to
mean, whether crorrectly or not, that he is a bear on the situaIt i.s also asserted that he and his following have sold
tion.
largely their holdings of stocks in the different Van Jerbilt
roads.

The

affairs of the

trunk

lines are in

,
a mnch involved con,

West Shore lias set the oxampir
minimum, and these cuts have lieen nv

'

dition.

,

,

'
'

|.>a

at

,-....
tor
extent by other lines. Tliis has lieen tlu'
in the situation, causing mistrust and a gloomy outlook for
;

profits.

.

1

J

Jersey Central was exceptionally strong at times, and to-day
exceptionally weak, and all this is attributed to a possible
effort to secure control by the Baltimore & Oliio, the Pennsylvania Railroad, or the Philadelphia <S: Readinif, in case the
latter Ls obliged to give up its lease by inability to pay the
large rental.
•_ . 1 j
"Today the market was variable, prices for most stocks holdbarely
dull
and
very
being
and
ing their own in the morning
steady iQ the afternoon.

V

..
-.

.

1

THE CHRONICLE.

456

NEW YORK STOCK EXCHANGE PRICES FOR WEEK ENDING OCT.

21,

HIGHEST AND LOWEST PRICES.
STOCKS

Monday.

Saturday.

Oct.

Oct. IS.

Tuesday,
Oct. 21.

'20.

Wednesday,' Thursday,
Oct.

Oct, 22.

2'3.

AND SINCE

Sales of
the Week

Friday,
Oct.

(Shares).

-il.

KAILKOADS.
Albany

&

Canadian Pacific
Canada Southern
Cedar Falls & Minnesota
Central of New Jersey
Central Pacific

Chesapeake

&

2934

30

42
38

42b

39 14

5-^

Ohio

iS\l
29'8

43-4I >43i4

30'4

3OI4

30!%

4134
3734

41

43'e
3«34

"10

3334
534
1034

"a

01.'

•10->8

1212'

534

534

IOI4

«12

14
*li*4
9
'li«a
2dprof
128 128
Chicago & Alton
119 11934 11734
Cliicago BurllnBton & Qnincy
73
74 Is TT
Chicago Milwaukee A. St. Panl
102
105
pref, 103
•
Do
84 12
85 19 87 19
Chicago & N orthwestern
pref. 123'al23i2 123
Do
IIOJ4
112=4
11334
Chicago Rock Island & Pacific
•8
Chicago St. Louis & Pittsburg.
pref
Do
28
29
Chicago St. Paul Minn. & Om..
85 12
8714 8938
pref,
Do
3tJ
3B
3U
Cleveland Col. Cinn.<S Ind
140i-jl-10'2
Cleveland & Pittsburg, guar.
i-j
Delaware Lackawanna »fc West 102 lOiV 101
9
934
9 'a
Denver & Rio Urande
•4I4
414
4Hi
East Tennessee Va. &<ja...

Do
Do

Do

1 St

pref

(jSj

pref.

A

Harlem
Houston & Texas

Long

46

120

WesVn

•7
"lO

9

18
28 >2
87 >2
30

28%

86 14
*35

15

12

I2I4

U5ig

Oaijl

I4I3
•ll'-J

A Na.shville
Louisville New Albany A CMC,

LonlsviUe

0514
'01

04
26 '8 20 »8

•li2

Island

26

40%
38%

423^

•SHj

10

•10

14
'6'ie
8
128 128
11734 1181a

1

la

•10

28%

•28 '9

8534

35
139

28

80
35
139

861a
•33

139
102

io'J-'i

9
4Hj

*6l4

«4

63i

34

34

•3o

17

17

*27'

86
35

•281a

3a

9I4

•0

41..

4

Is

10334
91a
41a

35

74I2

consol

....

'V.ihi

IS

'ilh

IJ7>4

661a 68
•61
64
2034 26 »4

lii-j
121-1

119

35

1191a 11814 1181a

82'

I4I3

Do

•14

14'.2

131a
11
6334
»61

12% 12%
07%

6418
•62

64
2634

26%

131a
11

en,

15
121a

67%

65

65

26I4

26

•ISiu
•11
•2618

^26=4

Do

pref.

Missouri Kansaa A Texas
Missouri Pacific
Mobile A Ohio
Morris A E,>i.sex
Nashv.Chattanooga & St. Louis,

|

New York Central A Hudson
New York Chic. A St. Louis...
Do
pref.
New York Elevated
New York Lack. A Western...
New York Lake Erie A We.st.
Do
pref.
New York A New Englaiid
New York New iiavcn A Hart.
New York Ontario A Western.
New Y^ork su-sq. A Western...
Do
pref.
Norfolk A Western
Do

pref

Ohio Central
Ohio A Mls.sissippi
Ohio Sonthei-n
Oregon Short Line
Oregon A Trans-(;outineutai...
Peoiia Decatur & Evansville..
Philadelpliia

A

]i(;:uling

Pittsburg Ft. Wavuo A Chic...
Rich. A Alleg., st'k tru-st ctfs.
Richmond A Danville

A W't P't Terminal
Rochester A Pitt,sburg
Borne Watertown A Ogdensb..
St. Lonis Alton A Terro Haute
Do
pref.
St. Louis A San Francisco
Bichmond

Do
Do

St.

Paul

A

pref.

1st pref.

A

Panl Minneap.
Texas A Pacific
Pacific

Wabash St
Dc

louis

Manitoba

6

7334

74 14 741a

12

V

•11>4

10=9

94

93 14 95

122
•31
87I4

35
35
86 >a 89 19

51a'

*8-i4
1

8-13
I314

"9

122
311

89 14

8714 8714!
I318 131a

87 >a
la's!

!'''«

13'4

11

20

10
ISO

V

12
14

M2ia

21

221a

23
128

20

liWl

16
4

17

4

loijl

26

•26

IOHj

loia

85%
•5I4

2%

18
18
411a 431.
1% 2
lOia 17

1214
131a
231;;

861a
534

171a

41%

4I4

1534

16 la'
121a

l^e

13

23

'24

13
'21% 23

4

13

20

89

381a
•80

20 14 -2014
39
40
90

20
3813

•84

...

13%

1034

A

Pacific...
pref.

Bankers' A Merchants' Tel
Colorado Coal A Iron
Delaware A Hud.son Canal
Mutual Union Telegraph
New York A Texas I^nd Co

511a
439
1034
•631a

8234

791a
lOis
5418
4=8
1034

761s

78

10
50

10'4

•434
•IOI3

83%

53^

B6la

66

•8

10

•1
•8

83

831a

84

*S2

66
6

7734 781a
1018 10%
5134 54
519
6 Is
•1034...

521-j

Pacific Mall

68

62%
112

Car Co

70
631a

61%

62%

6318

1121a lllialllia 112
•

Western Union Telegraph

Adams

61i«

110
160

15034

92

United States
Wells Fnrgo A Co

•52

INACTIVE STOCKS.

Atchison Topeka A Santa Fe
Chicago A Alton, prof
Cinn. Sandusky A Cleveland .

6834
'130

134
94
66
110

134

American

63%

92
•62
>106

6O34

134
921a

65
110

69 14
•131
•92
•62

33<

••2013

•40%
'84

55
4
9
84

77

4
18

22%
88
78

5218

5414

•4%
•10%

534
113.

•53% 66%

103^

•171a
4134

15

ioia

131a

31a

•Vi"
3

loi-j

;;!!!

3

14

113i

18

42%

12%

21% 22

•20
•39

86

42

14

4234

2
10

1234 13

334

•17% 18%

17

12-4
1234

12%
123j

•22 14

223^.

1^28%

128%

234

234

•32
16

3%

16
334

22%

••20

22

41
86

•40

42%

86

86

77

7734

IOI4

10%
53%

52

8334

9%
84

6I4

•5

•10%. ..
66
'8

86

10% 10%
53% B4I4

4%

•10

65
4

9%
83

•1%
•8%
83

4%

113<

5334
II214
41a
301a
61

135
96
55

52% 63 14 52% 63
111%111% lllislllis
69% 61% 58-% 59%
130 135
132 132
92% 92% 92% 93

400

•52

65

62

110

110

'107

64
110

•132

6,525
1,000
7,400

3% May

6
32
4

135
53
110

8%

14

Feb. 15

June 12 14% Feb. 16
Aug. 1 61 Jan. 7

116»4

2334

36%
?J

137%
I

'29%

91"4U08%
115

1'22%

116% 140%
134

157

116% 127%

10% 22

33
30
91
54

67 '4
56

113%

4% 11%
11% 23

46

76

10%
200

82%
148

84%
17% 36%
13
33%

92>4

68

114%
8634

40% 68%
30
38
80
38

68

63%
90
63

12% "80%
32
76
77
10
36

30

85%
6

Juiic26l 58
Oct. 23 122
J

uly

10%

1

66

86%

100%
18

48%

Mar. 14 60% 64%
Mar. 13 111% 129%
Feb. 15

7

34%Jan. 7
173, Aug.20

6%June'26
Juno 20

7
21

60%

<lct. I5I

1

100
80
37,810
1,620

244,964

24
60
96

Fob.

6

61
32

Mar.
Mar.

29% Aug,
60

Mar.

90%

Apr.

323,

Jan

90
99

14
16
4
21
17
6
22
18
10
9
26

Jan.
Jan. 7'
22% Feb. Ill
84% Feb. I61
1934 Jan. 7;
32 Jan. 5'

May 16 61% Jan.
1
Oct. 17 127 »4 Anr.
7 June '27 17% Mar.
82=4 Oct. 18 114
Feb.
10 May 16 17% Jan.
122% Jan. 7 170 Feb.
834 June 28 65% Jan.
0034 June 26 112
Jan.
31 May 16 6634 Mar.
90 May 21 117 Jan.
20
49

78%

14

July 15 137

June 24I 102

89%
40%
83
62%
183

29%

8%

215,

18
4934

58%
90%
14%
3634
1434

32

47
21
14
16
36
80

28

61%
138

16%
72
39
23
34
86
103

20% 36%
63%
40
87
33
90
94

100%

40%
9734

169%

17% 43
70% 10434
36%
15
29% 67%
57

69%
39%

118% 140%
14

102% 112%
16
63
66

26
126

90
28

166

91%
4434

112% 134

June 30
6% Feb.
June '20 32% Feb.

May

12

23; 46%
141 1*29%
4
11

49

CO 126
175 87
60 45

45

16%

Feb.
Apr,
Jan.
Feb.
Feb.
Feb.

135

16%

36
106

29% 89

6

9%

46%
71% 88%
80

Feb.

Anr. 24 126% 136
94%
S£ar.26 88
65 %l 66%
7
13 113 1128

May 17 61% Feb.
98 May 26 116 Feb.

62
200 142

i

June 23 8O34 Jan. 7 78% 84%
June 13 152 Feb. 18 140 160
38
49%
7 24%Scpt,22

23% Oct.

33
1

56
137
22
45
138

...

88

U»i
1'28

May 8 8% Feb. 8
5
July 11 200 Mar. 18 190
June28 61 Jan. 4 60
June 23 140 Feb. 13 124
July 8 80 Mar. 6 77

193 120 June 30
100
2 % May 24
July S
"200 32
12 Juiie26
1,435
1% J Uly 24
14
Oct. 18
18 J line 27
70 July 3
350 ll%Jurie28
700 *24 % J uno 30
2,^0
70 May 15
15 June 30
63 July 11
2,710 76% Oct. '20
9,175
5%Junea7
35 <,4»4 28 June 30
210
4 June 27
lO'J
9 May 20

85

94% 04%
•50
110

8fi

61
13
23

1334
9 May 14, 203^ Feb. 14
116 June 24 1.10 June 13
90
15 83 Juue26! 94% Apr. 12
8334
16,930 ll%Junc27i 28%. Ian. 6
'26%
60 20 Jnne27i 71 Mar. 3 7t2
850
8 June 24 17% Apr. 4
17%
-6 175 July 7 184 May 1 169
500
7
16%
Juue27| 16%. Ian. 7
100
4',
2% Oct. 9| 6 Feb. 28
9%Aug.20| 18% Feb. 16 14
10
10 Jan. 29I 11
Feb. '25
•22%July 9i 42 Fob. 15 32
2,607
14 Juue27l 27 Jan. 7
23%
7.i,731
37 14 J line 27; 57% Jan. 7
49%
2,096
2
l%Juuel8| 4% Sent. 3
3,805
14% May 14 25% Mar. 17] 21
7
5 June 12 113.1 Oct. 7
834 Aug. 8! '24
Mar. 22 19

150

59% 60%

8434

48% 66%
47% 713,
10
17%
08% 90

28 June^27
84
Apr. 1 124% 142
90 %M.ay 26 133%Miir. 1 111% 131%
6% June 23 25%Jan. 3 21% 61%

125% Juue24 141

3 >4

City

Feb. 11 S3
Feb. 14
2
July 17 82
Apr. 12 145
Oct. 11 24
May 15 90

Feb. 11
Jan. 17
Mar. 10

Mar.
Oct.

Jan.

31

1%

77
4 138
13
6
9
96
18 139%

68%

7%

92
138
25

112%

146%
June 18 146% Apr.
192% Jan. 8 193% Mar. 21 187% 197
31%
20
15 Jnly29 21 Jan. 24

Unite<l Companies of N. J..

Virginia Midland

HomestTke Mining Co

8
9
14
264

"

Ontario Silver Mining
Pennsylvania Coal

Tbese are the prices bid and asked

Aug. '20
69% Mar. 14

136

18
76

7%Juue'23 18%Jan. 7 16», 3034
400 17 June 21 36% Feb. 11
33
68%
13,010
9% June 27 23% Jan. 5 19% 84%
3-!,150
6'3%May '20 100 Jnne21 86 106%
20
10
19%
1334 Mar. 24
6% Juno
208 lia JUDe27 127 Jan. 29 120 129%

5

63
53%
IIII4IIII4

38% Aug. 'JO

127

1,012

510

lOi-J

".1

•II4

•8%

Jolicl

Maryland Coal

18

10% 10%

Columbia A (ireenville, pref...
Columbus Chic. A Ind. Central

A Chicago
LonisianaA Mo. River
Ohio A Mississippi, pref.
Rensselaer A Saratoga

6
17

20
2,960 110
100 70
1,100
9 June21 20% Jan. 6
655
6%Jnne27 1934 Jan. 7
231,535 6334 Oct. 23 104>4 Mar. 4
62 May 24 78% Mar. 15
3,450 22%June'24 51% Mar. 4
12 June27 35 Jan. 4
40 Jan. 22 67 .\ng. 26
82 Jan. 21 93% Apr. 7
42 Jan. 23 65 .\ug.21
5,t256
70 Aug. 18 79 Aug. 22
131
10 Aug. 20 24 Mar. 18
600 23 June*27 40 Jan. 11
100 83 June 30 103 Apr. 15
2,600 6l»4lune27 94% Mar 4
10 Feb. 11 16 Jan. 7'
"200 31
Oct. 22 44
Apr. 10'

191,613

16% 16%
•3

Quicksilver Mining
Do
pref

Dnbuque A Sioux

884

3

leb. 16
leb. 12
lob. 12

12634 teb. 11
^^ept.20 13%Jan. 5
0,t. 24 35
Jsn. 11

80.34June^27 lOU

234,708
2,756
1,010

Jan.

For Fnll
Y'ear 1883.

Low. ai«ii

100%Juuc23

21%June'2«

.

Oregon Improvement Co
Oregon Railway A Nav. Co
I'alace

79=8

100

.534

14

Oct. 24

5,286

38
88 14

13

May 22

June SO
5 June 27
9%Jun6'20

2„-.20

•331a
861a
•3I4

ISO

•10

17
414

8«ia

12',

1'8

•14
•20
•75

20

18
421a

12%

14

421a

IOI4'

121b
13

16

16

80

-1014
31a'
-21a

1^27141 '2714

128''f

I

ISO
"..la

1134
I2I2

18

42%

3,338

I634

94

.lunc27

7
May 20
245 118 June '23
8,141 107 June27
248,485 58% June '27 94%
960 95% June '27 119
204,550 81%Juue23 124
2,430 117 June'23 149%

1034
921a

•it

1234

•1034

11

2
17

•40
•86

122 la 122 la
•33
36

11

...

17»4 18
411a 42ia
1"
I's
»17
18

•16
4
14

39
86 14 88-%'

931-j

*6i4

534I

I

'8

•31

"

10% 16%
9218

'lOia Ilia
251a 251a

-!

1118

177,
411a
2
16"8

.

512

5^.*

20
10
I78I9 17818 178'a 1781a 180
11

92% 95%'
•6

35
35
87 14 89=4
oiy

17%

lOSii
I

311
31
•11
>24ia,
161a 17

66 3j

.

*2o
16>8
91 Hi

96

06
63

60 Hi 57

OHl

10

MISC'tl.LANEOCS.
American Tel. A Cable Co

*

7334
"11

pref

St.

Pullman

7413
11

Dulnth

Do
Union

12
12
27
28
163b 17
921s 04

pref

Northern Pacific

Do

74

28 Sj 29

Louis

St.

74 la

"66" "bihi

pref.

&

74

7418

30

lf>6

11

Manhattan Beach Co

Memphis & Charleston
Metropolitan Elevated
Michigan Central
Milwaukee L. Shore & West'n
Minneapolis

73

75

40%

4Hi

Istpref..

common.

3(i',,S6.5

11,810

UOO
220

634

Manhattan Elevated

Do
Do
Do

June27

2,J()

IO3I8 103

9
4I4
•6 '4

7

-OVi

18
28
86
35
139

B"2

85
>11S'3 119

04
26 14

24»4

9

9
19

29
87
37

4,170

300
305

1834.

Jan. 30
.4,ug. 19
Jan. 10
68% Jan. 18
67% Fob. II
12 Jan. 18
90 Jan. 11
6734 Jan. 10
15 Jan. 2
28 Feb. 11
17 Jan. 7
140% Feb. 6
127»4 i'"eb. 16

June 28 80

8

39 14
«%'
•51a
•10

*6-i8

ioii, 102 10334
914
914
OHj
914
4
4
4
4

10334

118% 120

121

Hr^

43%
37% 38

'^s

8i!

leased lino 4 p.c

3014

1

34

.

30 14

1,

1884.

July 3 135
90

50
39

238

2934

41^8

3834

•44 14

1,

Highest

Lowest.

80% Mar. 27
43 '4

117 1171a 118 1183j
11834 II8I4II9
743j
741-2
73-8 75=8
73
75V' 72% 731a 73
io2'J8 'loa
103 103
103 103
103 103
84 14 SOijI 84 14 8,
85 % 86%
S'lHi 87
SB's
1'23
123i.j,*l'23
1-23
1233, 124
124
12334 1 '24
110% 110%: 110 'slUia
112
112 112r 111 112

4-3

Illinois Central

Do

9

43
38

«25

Central.

Indiana Bloomiugt'n *fe
Lake Erie & Western
Lake Shore

•H-<i

73^

Terro Haute
Green Bay Winona & St. Panl

Evansville

•5

sysg

•00
43 ij
2934

•43 "a...
2934 30 "4

JAN.

Range Since Jan.

126

Sa.s(iiicliaima

* N. Y. Air-Line, pref
Bnrlinffton C'ed. Kapirta & No

Boston

XXXIX.

[Vol.

;

no sale was made at the Board.

8
11
Jan. 4
10
Feb. 21
18
10 20% Jan. 29
Feb. 19 264 Feb. 19 260

Mar. 25

June 9 15

May

19
17

35%
280*4

—

.

OcrroBEi

.

.

Class

7»',i

•77

Cla«BC. 4i. 191)6
••, lOaOs. 1»00

Arkansna— Hm.

Km

.

Iitiidod

A

—

9
"10
•10
•10
•10

KK

It.L. K.i'.n.&N.O. UK
7(1, Mia-t. 0..t l(. It. RH.
1b, Arkaiisa.s ront. RB.

io2y

78.1886

107

1890

I

6n, 1919
Ohlo-6», 1888

I

18
8
8
81
104

non-lnndnblx, 18H8.

(

oont^ol'n 6«, 1893
Tennesaoe— On, old,1892.8
8*. new, 1 893.8.1900 ...I

new

1914

37 Hi
43'.

103 Hi 10U>4>
88 >s 40 >g
37 >« a9<t

89%

....

0'mp'mlae,8.4.ll.aa,191S

6a,

aerlea,

Virginia—««, old
«a,new,1860
0a, conaol. bonda
6a, ex-matured coupon.
Sa, conml., 2d aerlea

lOSAi

Rrown

Bid.

Tenneaaee— Cootlnaeil

f^outh Carolinaen, Act Mar. 23, 1869)

lis
117
29
10
Fnndlnir Mt. 1866.1808

99

axouRiTiKn.

Bid.

New bonda, J. AJ., '934{
Special tax. all claHnen.
WII.C.AHlI.K.
Do
Coniml. 4a, lUlO

•

111

6*, liiiui, li^ill
en, Iniin, 1S(I2
en, limn, 1893
N. Oarollna— 6«, old. J. AJ.

•s

GMrpia-Bs, 1S80
7», (told,

80

34. 1884.

N. CaroUna— Con tinned-

Loiil.laiw— Tn, •wiu.,I8X4

'102

k
J"t. S. lad.
7», I..
Ta, Mt<iiii>.,c I,.Iii)ck

8B0DRITIBS.

Aik.

Bid.

7S
Bx-matanxl r.nnpon.
63
103
Mlasonrt-ea, 1886....
109
8a,diiel88dorl890.
Anvrm or Hnlv., due '62 112
Fuiidinif, l.><!11.05
116
Hnniillml A. .-^t. Jo., '86. 108
New York^aa. reg., 1887 loa

80

m<v\

hn, 1;M)8

11,

SBOURITIES.

Ask.

Bid.

467.

OCTOBEB

qUOTATIONS Of STATE AND RAILROAD BONDS.
STATE nOND8.
KEOnntTtKS.

—

.,
,

THE CHRONICLE.

25, 1884. J

Alabama-C'lann A, 1900.

.

1 |'

40
40
SO
37
40

8^

ea,deterTe<l
Dlatrlct of Colombia—
8.6Sa, 1924

109
109
109

Reglatered

Fundlnt»a, 1899

RAILROAD BONDS.
S\:CURITIF.8,

SECURITIES.

Bid.
I>«1.

Railroad Bonds.

L.

MoRladk E88ei-l8t,7B 136
114

1

Ala.CentT»;-l«t.tis. 191&
AUe){'yccMt.-l»t,6.i.in-J2

Atoh.T.*

S.

tin,

IKl

1

Un, 11110.
I'rk.Br.i
E.— 1st, "a;

tin.

<}uarantecJ

!

lUiii.A No.— l8t,S8
Connol., Ut,6>*, 1934...'
lte>ri..*tpred

Bnff.

F.AN.— lst,«8l

I.

1H21

.^.x,

N.Y.

,t

v.— I'ona., «s

General, Gs, 1024

Can.So.— Ut.lnt.gnar.88i
2d, 68, 1913

Reg.,

1B13

ijn,

1

[

I

.

Mlnn.4at.L.-lst,78,(?u.
la. City.A Went- 1 St. 78
let,

1

I

Bnr.O.

C.Rap.

j

I

1

Central Iowa— let, 7n "99;
Eaat. Ulv.-lst, fes, 19121
111. Div.-lst. 6», 1912..
Cliar. Col. & Aug.— 1st, 78
Che8.<& O.— rnr.raouerfd.
68. gold, nerten A, 1908 . 103
68, gold, E>«rliMt R. 1008
68, cun-encv. 1918

(

,„,

.

1

,

Ist,

7s.i*llS
1903..; 119

'78 ...

2d, extended, 68, 1919 . .
3d. extended, 4Hi.n, 1923
4th, extended, as, 1920.

1

i

60
82
127

1920

Erie— 1st, extended.

Blnkingfund. tin,
La. A Mo. Riv.— Ist, 78.1 119
--2d. 78, 1900
6t. L.Jack. * Chlo.-lst|*115
l8t, guar. (564), 78, '94 •lis
•2d, (360), 78. 1898

la. Dlv.-.'S. fd., 5s, 1919

6.8,

EUz.Lcx.*BlgSandv-6s

5tll, 78,

188H
ffs.

LongDockb'nds,

1908

78, '93

Butf.N.Y.«E.-l8t,1916
N.Y.L.E.<feW.-New2d6

9b'4

Collafl trust,6.s.l922.

101

48, 1919
48, 1922. .

—

!

|

Kxtonsion. 6s, 19271

102^

106mo7Hl'
r-'O

'

78.

1902..

Keglst'd, gold, 78. 1902.
Binking fund, Os, 1929..
Sink, fund, Os, 1929, reg
Sinking fund, 5s, 1929..
Blnk. fund, .^s. 1929, reg

Blnk'gfd. deb., 58, 1933
^5 years deb. 53, 1909..

:

'lie

9334'

94 '4
97

103

DesM.*

C.St.L.ife N.O.— ren.U7s
let, con.9ol., 78, 189'7 ..
2d, 68, lOO"?
Gold, 58, 1951
Dub.
S.
2d Div., 78
Minn,— 1st, 78
Ced. F.
Ind. Bl.
1st pref., 78
1st, 4.5-68, 1909
2d, 4.5.68, 1909

EasternDiv.,

tis,

1921..

103 '8
126

Int.&Ot.No.— 1st, 6s, gold
Coupon, Bs, 1909

1'26

KenfkyCent.— M.68,1911
Lake Snore—

109
109

8. AN. r., s.f., 78...
&T0I.— Sink'gfd.
New bonds, 7e, 1880..
Cleve. P. * Ash.— 7s
Buir. & Erie— New bda

M.

100=4

Cleve.

96 '<

.

Consol., conp., Ist, 7b.

Peninsula— 1 9t, conv, 78 '120
Consol., reg.. 1st, vs..
Chlc.A Milw'kee- lat.78
Consol., coup., 2a, 78.
Win.& Ht. P.-lst. 78, '87 106 H) 107 Hi
Consol., reg., 2d, 78
118
2d, 78. 1907
Long Isl. RR.-lsi 78, '98
MU.& Mart.-l8t,6«,1905
1st, consol., 5s, 1931 ...

105

108

Louis. West.-l Bt, Os
Louisville A Nashville
Consol., 78, 1898
C'eclUan Br'ch— 78, 1907

C.C.C.&Iud'a-lat,7s,8.fd.
Consol. 78, 1914
'119Hi
Conaol. sink, fd., 7s,1914
General consol., 68. 1934,
C,St.P.M,* O.-Consol. Osl 111^4 112

116
104

87 Hi

69
67 H)

Del.

120
Byr.Btng.A N.Y.— l8t,78 120 ij 125
'

No

63Sa

92^
49>a

!

104

Incomes, 190
Scioto Val.— Ist, cona., 78.
St.L.
Iron Mt.— Ist, 78

A

--

1

llOia'lllij
103H1 1041a

2d. 7b, 1897

Arkansas Br'ch— iBt. 7s 106 Hi 107 "«

Cairo* Fulton-l8t,
C^lro Ark.

A

^

1

|

t

|

!

Midland of N.J.— Ist,

'

N.O.AMob.-lst,OB,1930
•2d, 6s, 1930
E.H.AN.-1.»1,68. 1919
General, 6s, 1930
Pensacola Div.— 68,1920
St. L. Div.— Ist, 6s, 1921
•2d, 38, 1980
Nashv. A Dec— Ist. 7s.
8.A N.Ala.— S.f.,fl8.1910

L.ErieAW.-lst. 69, 1919
Sandusky Div.— Os, 1919
Laf.Bl.A SI.— 1st, 68, 1919
Lonlsv.N. Alb.AC- 1 stOs
General mort.,68, 1914.

prices Friday; theae are latest qaotationB

made

this

63!

70

66
50
75

77»4

110
80

Va. Mid.-M. inc.,

101=4 102
•99 ilOO^
Registered, Os. 1921
53
Pac— Ist, 6s, g.. 1920'
100
Norf AW.— O en'l, 63, 1 931
.

I

Con9oUdated78, 1898...I 117 118
120
2d consolidated 73, 1911
Ist, SpringUeld Div., 7s
Ohio Central— Ist, 08,19201 52H> 55
Ist^ Term'l Tr., Os, 1920

I

I

Equipm'l

1st,

Os.
Nav.— l8t,68

Oreg'n RR.A
Debeulures,

la, 1884...}

Panama— S.f., sub.08,1910l
Pacilic

Railroads—

Cal.
Cal.

79

—

18901

St.L.K.C.AN.-R.o.,78
Omaha Div.— 1st, 78
Clar'da Br.- 6s, 1919
8t.Cha8.Bge.— ist, 68
No. Missouri— l8t, 78.
West.Un.Tel.-1900,coup.
1900, reg
N.W. Telegraph- 7s, 1904

96 Hi
96 Hi
104

IO8H1
Os
Joaquin Br. Os..;' 102

A Oregon— Ist, 68
* Or.-Ser. B, Os.

GtWesfn-lst,

Han. A Naples— Ist, 781
IU.A So.Ia.— l8t.ei.,68

1

Pac— O.,

"69"

lOOHl'lOa

ta, '88,

Q.A Tol.— lat, 73,

98^4

98

80
76
98
100
108
109
II2H1

73

Mnt.Un.Tel.-.B.fd,68,1911
Spring Val. W.W.— latOs

99

98^4
BONDS.
West. Pac— Bonds, Os 104ial05Hl!
No.R'way(Cal.)— 1st, 6s[ 108 il09
91=4 96
(Intfrest pav^bU if eamfd.)
181,08
So. Pac. of Cal.
Alleg'nyCent.— Inc., 1912
So.Pacof Ariz'a— 1st, 63 -9tih
Atl. * f ac— Inc.. 1§10.
Bo. Pac.of N .Mex.-l 8t,6a:
Central of N. J.— 1908
Union Paolflo— 1st, 6a .. lllHi'112
Cent.Ia.— Coup. deb. certs.
Land grants, 78, '87-89! 104 :»j....
Ch.st.P.AM.— L.granc.,6s
Sinking funds, 8fl, '93. 112'8 114
;tii4
Chic * E. Ill.-Inc, 1907
Keg,8.s, 1893
DesM.A Ft.D.— l8t,lnc.,0B
Collateral 'Prust, Oa
Marq.— Inc.
Det. Mack.
do
58,1007
6s.

"""

bds, 73, '83.
Consol. conv., 7.n. 1907
2d, 7s. 1893

68
09
63
65
107 14 108
96^4

56
39
05

Hav. Div.— 68, 1910

95
New River— Ist, 68,19321
OhioAMisa.- Consol. 9.fd,> II6H1 118

Oregon Imp. Co.— Ist,

'

83
T0I.P.& W.— 1st, 78,1917
Iowa Div.— 68, 192i
77
Ind'polls Div.-68, 1921
Detroit Div.— 6s, 1921 .. '05
Cairo Div.-o8, 1931 ....
64H
"Wabash— Mort. 78. 1909 70
Tol. * W.— Isl, ext., 78 101 H: 102 Hi
91
l8t, St. L. Div., 79, '89
83
92
2d. oxt.. 7n, 1893

1

Min'l Div., Os, 19211
Ohio So.-l.st, 08,1921 ....
Oreg'nA Cal.— lBt,«9,1921
Or.*Tran9C'l-68,'82-1922

1927

Chic. Div.— 5s, 1910

N.O.

I

Os,

Wab.St.L.APac- Gen'lOa

N.Pac— O.l.gr., l8t,cp.,08'

Land grant bonds,

100

83

N.Y.N.H.AH.— l8t,rg.,48: 108
Nevada Central— Ist, 68..

San

.

INCOME

1

1

'

:

17

.

V

104
103 Hi 104
IO214I

112H» 115
119 123

110

126
122 Hi 124 H>
117
121H»
101 Hi

,

A

E.T.V.AOa.-Inc,es,1931
108 Hil
Ellzab. C. A Nor— '.'d, inc.
"
108:9
Qr.BayW.* St.P.— '2d.lnc
Denv.Dlv.OB.aa'd, '99 107
89
Ind. Bl. A W.-Inc, 1919
lat, conaol.. Os. 1919
Consol., inc., 6s, 1921...
C.Br.U.P.-F.c.,78,'95 100
'ind'sDec* Spr'd— '2d,iuc.
AtC.A P.— lst,0s,1905 •85
80
85
Trust Co. certtttcatea
At. J. Co. A W.— Ist, Os
84
85
Leh. A WUkesb. Coal— '88
Oreg. Short L.— 1st, Os
100
Lake E.A W.— Inc.,78, '99
Ut.Bo.-Gen.,78, 1909
96
Banil'ky Div.— Ino.,1920
Exten., 1st, 78, 1909
90', 91 Hi Laf Bl.AMun.-Inc.,'7a,'99
Mo. Pac— let, cona., 63
103
Mil. L. Sh.A W.— Incomes
3d, 78, 1900

KanB.Pac.— lat,

Oa, ^95

106Hll07a,

l8t,08,1890

j

I

t

.

112:^ II3I4
88 Hi

78

82

103
87 Hi 90

Pac. of

Mo.— let,

68..

103'e

Mob. A O.— lnt,prf., deben.

'107
2d, pref., debentures.
2d, 7b. 1891
3*1, pref.. debentures.
St.L.A 8.F.-2d, 68, CLA 100
100
4th, pref., debentures
3.68, Clans C. 1906....
3.68, Class B, 1906.... 166' 100 Hi N.Y.I^ke B.& W.-Inc. Oa
N.Y.P.& O.— lst,lncac.78
iBt, Ob, Pierce C. A O.
Ohio Cent— Income, 1920
Equipment, 78, 1895..
Min'l DlT.— Inc.,78,1921
Gen'f mort., Os. 1931
103 :< Ohio So.— 2d Inc.. Oa, 1921
So. Pac of Mo.— l8t,6s 103
106
Ogdena.A L.C.— Inc.. 1920
Tex.A Pac— Ist, 68,1905
PeoriaD.AET.-Inc. 1920
Consol., On. 1905
34
KvansT.DIv.-Inc. 1920
Income * Id. gr., reg..
46>4 46
PeorlaA Pek.Un.-Inc.6e
l8t,Rlo O.Div.,68,li)30
Roch.A Pittnb.— Ina.1921
42
do
assented
Rome W. A Og.— InCj 7a
Pennsylvania RR.—
8o.Car.Ry.— Inc., 6a. 1931
9611
Pa.Co.'B guar.4 Hi8.l8t,cp
8t.L.AI.Mt.-lBt,78,prX«.
94 Hi 96
Registered, 1921
St. L.A.* T. H.- DiT.bda.
Pltt.C.A StL.— l8t.o.,78

6H1

.

117

Loutsv. C.A L.— Os, 1931
Trust bonds. 6s, 1922...

Oen'l inort., Os, 1932....

L.A W.— 78, conv., '92
Mortgage 78, 1 907

Os, 1927
Ch.— l8«jpf.,78, '97

I

Central

.

C0I.A Grecn.-lst. 68,1916
2d, 68, 1926
Col, H.Val. * Tol.-lst, .1°

AU.A

60\i
91 H>

Danv.—Con8^g.,08l

|

i

Peoria Dec. A Ev.— Ist, Os
,„
I2OH1 122Hi
Evans.Dlv.- l8t,6s,1920
Peoria A Pek.U'n— lat, 68

Det.M.AT.— lst,78,1906 'US
Lake Shore— Div. bonds 118

127

C.8t,P&M.-l8t,0s,1918 117
No. WJa.— l8t. 68, 1930.
StP.A S.C.-lst,6s,1919 115
Oilc.A E.Ill.— l8t,8.f.,cur. 100
CjiicStL.* P.— lst,con.53
<*lc. & Atl.-lst, 08, 1920
2d, 68,1923
Chlc.AW.Ind.-lBt, s.f., 6b

A

Debenture

|

Kal.&W. Pigeon— Ist.. 100

& L.S.— l8t,68
89..

Rich.

I

2d, 5s, 1911

.Mlu'ap.— l8t,78

Iowa Midland— let,

Rloh.&Alleg.— l8t.78,1920l

1

Indianap.D.ASpr.- l8t,78

103'

Itfgi-^tered

JEscauaba

68 >•

i

I

& C—
*
&W.—

94
94
92 Hi 93
92
91Hl

100

60

1

,

Ist. 78, 1885
Coupon, gold,

*107

1

1

Con., Ist, ext., 6a, 1922.1

I

1

1914

Rome W. A Og.— 1 Bt,78,'9

Rocb.A Pitt- lBt,fls,1921i 107Hil08
87
Consol., let, 08, 1922....
89

G6n'Ir'yALgr.,58,1931

"

I

5s,

Pltta.B.AB.— let,6B.1911i*.

j

1

Chic. & Northwest.Sink, fund, 7s, 1885
Connol. bonds. 73, 1915.
Extension bonds, 78, '85

I

,

i

Wis.* M!n.Div..68.1921

lis:*

106

,

Harlem-l8t,

|

C.&L.8up.Div.,58, 1921

.---

—

-

let,Chlo.A P.VV.,59,1921
Min'l Pt. Div., 58, 1910.1

1

Hud.Riv.-78,2d,s.f.,'85i lOSH'
Ist, couBol., Ob, 1933....
100
1st. cons., 6s, reg., 1933.1
7s, coup...i 1-9
130
1Min's Un.— Ist, Os, 1922 '105
].9t. 7s, reg., 1900
^
'
*104
N.Y. Elev'd-lst. 78, 1906! 117 1118:4' St. "P.*
Dul,
-l8t,53, 1931,*100
80. Car. R'y
112H)
N.Y'.P.* O.— Pr.l'n, Os, '95! •.lat,68, 19'20
99
,
34
'83
N.Y.C.*N.— Oen.,6s,1910! 31
2d,
lifel
Os,
33
--•-.- .
.31
1104
rrust Co. receipts
ShenandhV.— l8t.78,1909i
IgO
109 115
N.Y. &. N. Engl'd-lst, 7a
General, 68, 1921
82^
89
131
131
9iHil00
let, 88, 1905
Tex.Cen.-l8t,8.f.. 78,1909
'52
95
N.Y.C.ASt.L.-l8t,6s,1921
lstmort.,79, 1911
98Hi!
2d, 6s, 1923
Tol.Del. ABurl.— .Main,6Si
N.Y'.W.Sh.A Buff.— Cn.,58! 43\
1st, Davt. Div., 69, 1910;
42
90 ,96=4
Uegistered, 58, 1931
1st, Ter"! trust, 68,1910
73
N.Y'.Suaq.AWest.- Ist, Os
Tex.A N. 0.-l8t, 78, 1905
i
Debenture, 6a, 1897
Sabiue Dlv.-l8t.68,1912
84

iOa

j

Ist, H. & D., 78, 1910
Chlc.A Pao.Dlv.,68,1910 112

ill"

108
4tfa,B.fd..08,1802
StL.V.AT.H.- l8t,g.,78 117
2d, 78, 1898
I*
2d, guar., 78, 1898....

|

I

l8t,S.Miun.Dlv.,68,1910

Clev.dt Pltt8.-Con8.a.fd., 12*

1

Bufr.&.S.W.— M.,6s,1908
^lEr.JiT. H.— l8t, cons.jOs
Denver inv.
'-'"'•^?''"'°^''*' 5"' }???
80 ''si"" Fargo A So.— 1st. 6s. 1924,
Plain 43, I9-'l
C.R.I.& r,-68, cp., 1917.1 124 ii'
Fl't*P.Marq.-M.68,1920 113
6b, reg., 1917
Gal.Har.&S.Ant.— IstOsi 106 |107
-,Keok. & DesM.— l8t,B3, i'J2'"ii05
,106
2d, 7s, 1905
Centralof N.J.— l8t, 1890 H'^J
91»a
Mex. & Pac— Ist, OS
Istoon3ol.a98ented.1899 103
2d, 68. 1931
107^4' iQr'nBavW.&St.P.- Ist.Os
80
Conv.. assented, 73, 1902 ---Adjustment, "8, 1003...! 105
Gulf Col.* S. re-78, 1909 108 111
68
SO
89
Conv. dobent. Bs, 1908..
2d, Os, 1923
90
95
Leh.iftW.n.— Con.g'd,a8.
Hann. *fe St. Jos.— 88,conv. 102% IO2S4J
87
110 111
Am.D'k&Imp.- 58,1921
Consol. 68, 1911
Chic. Mil. & St. PaulHouston & Texas Cent.129
107
let, Ss, P. D
Ist, M. L., 78
i'ii
104 106
2d. 7 3-10, P.D.. 1898...
let, Western Div.. 78
108
l8t, 78. $ g.. R.D., 1902. 125
Ist, Waco* No., 79..
117
Ist, Lac. lliv., 7s, 1893.
2d, consol., mains line,8B 111
1174 2d, Waco* NOy 88,1915
jet,l. & JI., 78, 1897... 11«
IIK
97
lBt,I.& D.. 78. 1899
General, Bs, 1921
127
let,C. & 31.. 7s, 1903... 125
Honst.E.&W.Tex.- l8t,78
118 11834' 2d, 68, 1913
Con801.7s, 1904
122
let, 79, l.&D.Elt.,1908; 119
Illinois Central—
let. 8. W. Dlv., 6s, 1909.1 110
Springfield Div.— Cp. 6fl. 109
97
l8t,5s,l,aC.&DaT.,1919; 96
Middle Div.— Reg., 68...
*89

Sinking fund,

180

.....

1

I

Reorg., 1st Hen,

9614

140

|*13e

"

let, cons., gold, 7s, 1920
Ist, cona., fd coup., 78..

128V129

Chic— Ijt 'IIW

I

I

1

thicagoA Alton-lst,

2d, gnar. (188). 78, '98
Ml88. U. Br'g&— 1st. s.f.681
C.B.& O.— Coii80l.7», 1903i
68. sinking fund, 1901 ..I
68, debentures, 1913

l8t,

:

EUj.C.AN.-S.f.,deb.,c.,6s

M

1

grant, aHjs, S.A...

E.T.Va.&Ga.-lst,78,1900 •--"[llO
61»4i 53
l8t, cons., 58, 1930
Da's'
Divisional 5s, 1930

,

105
„„
29

80
26

Land

Pitta. Ft.W.4
2d. 78,1912
3d, 7e. 1912

7s 104 |105
106
T.-lst, 781 103
61
66
Morgan's La.* T. Ist, Gs'
St.L.Alton A 'r.H.— l8t.7s'
II6H1
109:*
Naah.Chat.&Bt.L.— l8t,78'
2d, pref., 7s, 1894
i*
1*100
101
2d. 68, 1901
2d, income. 78, 1894 ....i
I......
1120
N. Y. Central-68. 1887...! 194»8!
Bellev.A 80. 111.— Ist, Ssi
104 "4 104Hi St.P.Mlnn.A Man.-lst,78 110:«l
Deb. certs., ext'd 5s
129
|130
N.Y.C.&H.-lst,cp.,7s|
|108>«
2d, 68, 1909
I3OH1
loo's
1st, leg., 1903
Dakota Ext.-Os, 1910..
I

-.11

Mortgage (tn. 1911
laes.O.AS.W.-M. 6.68...I ---

Terminal

2d,7s.l913

I

.

I

P.f.A.st.r,.— Ist. reg.,7B

V

1899

i

Atl.& rac.-l«t,
Balt..» O.- 1st,
Boat, llnrtt. &

fa's.

Aak.

Bid.

Penn. RIl.— Continued-

96
96 Hi
35
Ist, consol., guar., 78..I las'* 126
Mox. Ccnt.-l8t, 78, 1911
Mlch.Ceut.-ConB.78, 1902 126 '•'127 Hi'
N.Y. Lack.* W.-lst, 6s, 116 |120
103=4 104
Construction, 58, 1923'
97H>
Connol. 59, 1902
78'« Del.A Hud. Canal— Ist, 78! 114Hi
68, 1909
113
Coupon, 5s, 1931
1st. ext., 78, 1891
115
...1100
neglstoied, 58, 1931
Coupon, 78, 1894
llSialUHi Jack.Lan.ctSag.— 68,'91.
Registered, 7s. 1894
93
;130
Milw. & No.— let, Ob, 1910 •85
l8t. Pa. Div., cp., 78, 1917 125
-jj. 102
86
86
85
96
Int, On, 1884 1913
Int, Pa. niv.,reg., 1917. 127
Mll.L.S.&W.-l8t,68,1921 101:4;
Alb. <fc Susq.— l8t, 78 . . ,!08'(-, „
102^102»4 Minn.* 8t.L.-l8t,78.1927 118>4ll8>i|
2d, 73. 1885
Iowa Ext.-l6t, 78, 1909] 114
Ist.conn., guar.78,1906i 121
Registereil
2d, 78, 1891
S'thw.Kxt- Ist, 7s,1910 11"^ 118
l8t, cons..gu..68, lOOei'lll";!
101
Pac. Ext.-lst, 68, 1921. 100
Registered
;;,-;"l;-,.--.-MO.K.& T.— Ocn'1,63,1920 7IH1 74
„„
Hens. a sar— 1st, cp.,78 134 130
Sa'k
134
OOHl
General, 58, 1920
Ist, reg.. 7s, 1921
IO314
103
Cons. 7s, 1904-5-6
Deny.* Rio Gr.— 1st, 1900 74
42
-.11
Cons. 2d, income, 1911.:
let, consol., 78, 1910....
100
83
n. A Cent. Mo.— 1st, '90|*103
.-liDen.So.Pk.A Pac.— let, 7s
63
34
Mobile* Ohio— New Os. 103
--iDen.cft RloG.We3t.-lst,68
*iS
Collater'l trust, 69, 1892
..|lDef..Mack.&Marq.— l8t,68
•2d,

1

Fe —I Hi8. 1920

Slnkliiir fund,

(,

M..t K. Iionds. 78, 1900
780f 1871, 1901
117'«110'a:

Prirff.'i

ETfJfififjf

SECURITIES.

Aak.

Bid.

Mnnli8l.B'ch Co.— 78,1909
N.Y.*M.a'll-l8t,'rB.'97
Marietta * CIn.— Ist, 78..
MetropoUt'n EL— l8t,1908 106i|(a07

„
1138

I

2d. 78, 1891
ISitick

SECURITIES.

Bid. 'Aak.:

4 W.—Contln'd-

86
90
75
82 Hi
82 >*

week.

as
35
30

46

6<

—

,
1

.

THE CHRONICLE.

•458
New York
Bank Stock

Qiiotatious In Boston, Philadelphia and Ualtiiiiore.

Local Secnrlties.
Insurance Stock Lir^t.
by B. S. BaUey, 7 Pine

Lilst.

[Prices

SECURITIES.

BECbRITIF^S.
Atch.

Ask.

Bid.

Hot National.

American
Anier. Exchange

100 150
Amsrica*
An«r. Bxokanffe... 100 235'
2.5
Breailway
Bntohers*
Central

150
25
nil's
100
100
25
100 2000
124
23
100 266"
ui'
100
100 100
100 160
23
23

A Drov's*

06jm«
Chatliain

Chemical
CItlseas'

City

<3ommerc«
ConUueotal
-Corn Exchange*
E&st River
Bteventli Ward*

100
100 400
100
100 115
30 115

Filth
Fifth Avenne*
First

Fourth
FmltoQ

120
l«0

50

'QalUtIn

100
aarCetd
'Oerman American*. 73
German Eschaugo* 100
-Oertnania*

Greenwich*
Hanover
Im». A Traders'
IrVini;

lueatlierMauurrs*..

Manhattan*
Marine
Market
Meohanics*
Meokanic8'<& Trade'
Mercantile
Mercnants*
Merchants* Exch...
Metropolis*
Metropolitan

Morray

Hill*

Xraesau*

Hew York
York County

ffeir

Nat.
f.T.
lath

.

Exoh....

Morth America*
ITorth River*
Oriental*
faolAc*

»«rk
*8«ple'8*

,

Phenix
Pro<luce*

Bepablio
«tNlcholas*
Seventh Ward
Second
Shoedt Leather
State of Now York
Third
'Tradesmen's

Union
United States

Wall Street

WMtBide*

,

I

100
25
100
100
50
100
50
100
100
23
25
100
50
60
100
100
100
60
100
100
100
100
70
30
25
50
100
25
20
50
100
100
100
100
100
100
100
40
50
100
50
100

COMPANIES.
..

Bowery
Broadway

144>v

17

Commercial
Continental
Easle..
Empire City
Exchaii>:o

Homo

Irvinj?

Kuickerliocker
Long Isl'd (B'klyn)
Lorillard

21

&

Bnild
M ecU. it Traders'
Mechanics' (Bklyn)
Mercantile
Merchants'

Manufac.
lno
bo'

Montauk (Bklyn.)-.
Nassau (Bklyn.) ...

'in

National
N. Y. Equitable
N. Y. Fire

ria

160
110
100
110

...

Niagara
North River
Pacitic

Park
Peter Cooper
People's

Phenix
160
i52

Standard

120
123

Star
Sterling
Stuyvo.sant
United States
estchoster

If.O
1(>0

llO
it;o

50
2-.0

240
70
90
lo:f

75

40
103
210
123
106

230
65
100

15

Kings C'nty (Bkn.).

ao

UO

Farragnt
17
Firemen's
10
Firemen's Truftt...
Franklin & Kmp.- 100
German- American 100
50
Germania
60
Globe
25
Greenwich
100
Gnardiau

Jelferson

137
130

MO

170
160

20
70
100
50
100
40
100
30
60

City
Clinton

Howard
143
255

50
100
25
25

Brooklyn
Citizens'

Hamilton
Hanover
175

Rutger's

W

Ask.

Bid.

140
100

Williamsburg City

50
100
50
100
30
20
40
50
25
100
25
60
60
30
50
50
37 "a
35
100
30
23
23
100
20
50
60
23
50
100
100
23
25
10
60

125
125

50
40
118
200
SO
100
70
100
40
105
60
117

106
145

80
150
73
120
104
163
100
145
108

l.-O

110
l.Ti)

180
170
150
120
125

80
230
250
80
100
108
85
70
,112
j2'20

133

113
2ao
65

no
130
132
35
60
12.5

210
BO
110
77

UO
60
112
fo
105

no
160
PO
160

12.5

107

no
:.o

50
110
120
120

200

85
2S

no
17.5

108
153
lis
133
120
100
57
57

120
12d
12S
225

140
i06
100
160

N.Y. A P.— (Cont)-

Y.)
1

Bcrip

Hew

Var's

York

100
10

Feople's (Bklyn.)

Bonds

1,000
Var's

Bonds
Williamsburg
Bonds
Metropolitan (Bklyn.)
Monicipal

100
000
25

50
1,000
...'

Bonds
Vulton Municipal

Bonds
Sqnitable

Bonds

100
100
1,009

100

A

Co., Brokers, 49

*

2,000.000' Var's 5
May 1,'84
1,200,000 Var's 3
J lily 1, '84
'.;.59,ooo A.ittO. 3'!i'S'g F., '99
3 lAug. 1,84
,2,1100,000 F.
756,000 J.
J. 7>a July 1, '81
Oct. 3, '84
4,000,000 V.ir's 5
Oct. 14, '81
12,500,000 F. &A. 5
190i
700,000 F.& A.j 3
13,500,000 Qnav. 2ia:Oct.lO.'84
'1,500,000 M.*N. 3
1902
11.000,000: Var'a
2
Sept. 1,'84
700,0001 M.&N. 2i!iMay 1,'84
4,000,000 M.&N. 5 |Mayl,'84
Juno 2, '84
1,000,000 J. & J. 3

•

2d, 6s, 1904

&

Cons., 6p.c
Cam. A Bnrl. Co.- 6a.'97.
Catawiasa- lat, 7a, con. c.

116

llj

Chat. M., 10s, 18S8

New 7s, reg. A coup

.....
1
S102->4 103

—

.'Cor.CowanA

Paaaumpsic— 78.}

Connotton Valley— 6s

'

Del

'

;

Mass.— (!.a, new.-! jllisj
Fort Scott A Gulf— 7a.... lib

...

K. City Lawr. & S0.-68.. ^
K. CitySt.Jo. &C. B.-78, llGisi.
96
Little R. & Ft. S.— 78, Istl
98'<
K. City Sp'd A Mou.— 68
31^8
Mexican Central— 7a
.---

108

&A
&

Atlantic

A

'

I

107
127
104
115
90
167

85
400,000 M.&N. Si^May 1,'81 106
IDI',000' J. & J. 3 lOct. I,'a4 97
1,000,0001 Quar. 21a Oct. 20'84|135
1,000,000 A.&O.
1900
1106
1,000,000
July 1, '81 93
8,000.000 Var's
Oc:.3, '81 220
750,000 M.diN.
1888
100
13,000,000
Oct. 15,'84 152
300.000 J. & J.
1900
107
2,000.000
93
11,000,000 A.'S'o'.
1900
102

I

I

..

;

I

100
1.000

j

1,000 2,000,000 J. A J.
100
600,000 F. &A,
1.000
250.000 M.JiN

Jau.,

'90 111

Aug.,

'84
'93

M»y,

172
110

250
130
106
120
as
171

87
110
100
140

no

95
227
108
155

no
96
105

Caiiibridi.e

Cheshire, preferred
Chic. A West Michigan..
Clnn. Sandusky A Cleve.

Mass

lbOi<

t

Snniriiit

Branch

108
40

381a

;iio

38

17
7't
1471a 150

Income,

Buffalo n'.Y. a
Preferred
Camden A Atlantic
Preferred

i'4'3"

18

Prefened
Lehigh Valley

15-2
1121..

Bait....
Phila. Wlliu.
St. L.— Com.
Pltlsb. Ciii.

6

61s;

Reading

la

70
70

I061-J

107

A Del.- lat,6«,1886
Lehigh Nav.— 6a,reg..'84.
Mort. RR., reg., 1897 ..

210

Atlanta

11

"I'i'V

168

9

60

BaU.AOhio-6a..'85A.AO
Cen. Ohio.— Ca, l.<t,M.AS.

51

AO

60

li'9''

r,L2

Union BE.— l8t,gaa.JAJ
Canton end(»raed

Virginia

Del.— l8t,68,1902
102
1885
102
3d,08, 1887
Bell's Gap- 1st, 7s. 1893
Belvlil'o
2d, Oa,

A Tenu.— 58

W, Md.'-^s,
'2d,

latrg., J.
.1
guar., J.

A

01
83

A J....

Piltsb. AConel I3.— 7sJ& J

18

1908

"87"
9Si>«

52
'83, J.*J. 101

6a, gold. 1900, J.
5s, Series A
OH, Series B

Pittsii.-lst,as

—

A J.

114

120

103 «
123

107 ij

2d, guar. byW.Co.,J.AJ.
68, 3d, guar., J. A J

190.'.

C01I80I., bs, 1913
Phil.— l8t,68
Buff. N.Y.
2d, 7a, 1908

Wilm.C A .\ig.—68
Wil. A Weinon— Gold.7s

A

Per share.

107""

1031a

•^7

2d8
No.Central- 6»,
63.1900, A.

3-lOs, '96

7s, E. ext., I&IO.
Inc. 73. end., coup., '94

A Aug.— I8t..
Wa,?h. A Bait.— Ists,

108
81

ColumbiaA Greeuv.— Ists

RAILROAD BONDS.

t

63

2d8
3d3

Atlantic.

ABhtab.

80

100 167

Charl. Col.

CANAL STOCKS.

nuia

86
104 li

—

Cin.

AUegh. Val.— 7

A Ohio

50
Parkersbiirg Br
50
Central Ohio— Com
62
50
Pref
50 '.8l Western ^laryland
50
13 S RAILROAD BONDS.
107
Atlanta A Charl.— Ist
Inc

Companies..

Schuylkill Nav., pref...

A Charlotte

691a Baltimore
49
lat pref
2d pref

United N.

260
117
140

i'2'2'"

BAI-TIMORE.

We(;t Cheat er— Cons, pi ef

265

104 >a

RAtLR'D srOCKS. Par

53

52=

70

Cons.. 7s, reg.. 1911 ....
Penusvlv.— 6s,ep., 1910-.
Sclm.vlk. Nav.— lst,6s,rg.
2d, "6a, reg., 1907

A

Ex.diviaond.

1896

Ches.

1221a

I'^iOHi

This colomn shows last dividend on itocks, but date ot maturity of 6ond>.

§67

S113

CANAL BONDS.

20
53
52

A Ene,
A Noniatowu

Newtown A N.Y

iBt, fa,

40

i.-,v.r-

W.JoraeyA All.— 1 st,68,C.
Western Penn.— Us, coup.

142

i'1'5"

40
'9'2ii

65

Cons. 6a, 1909
31a

2d

800
113
178
113

60

78

at.

l8t,7a, 1899

3I4

60

Preferred
Little Schuylkill
Minehlll A sell. Haven...
Ncstiuehoniiig Valley
Norfolk A Weat'n—Com.
Preferred
Northern Central

Phila. Ger.

ion..,

....

A Tituav.— lat, 7s
United N. J.— €ons.68,'94

68, P. B.,

165
112
IHo

106

70
60

s
i

Union

Huntiugd'n A Broad Top

A

1

A

Pac— 1.It, 6s,1905
lex.
Cousol., «a. lM(i5

Piet erred

1st, 6a, re^'.,

1-0

Warreu A F.— lat, 7a, '90 100
West Chester— tJons. 7s
W.Jersey— lat, 68, cp.,'06 IliaS)

1st preferred

Lehigh Niivigatiou
Pennsylvania

72a,

72
78

Gen., 7a, coup.. 1901

2d pref eiTed
Delaware A Bound Brook
East Pennsvlvania
Elmiia A Williamsport.

A

U03

Krie-lat, 78
58

A W.— 1st,

n3ia syr.Gen.A Corn.—

Caiawisaa

11(1

A H.— 7a.ep.

Stinb. Han.
2d, 63,1938

f

Phil

197 V
1161a
1051a

5112

Cons. 68, gold, 1901..
Cons. 6s, gold, 1908..
Gen., 4s, old, 1923..

Gap

Weal Jersey
West Jeisev

i'l'2:>4

5s, 191-4

A

Sunburj-

Preferred

J.

117
116

ii'e'

Inj0iue,63, 1923

116

17
}10

1021a 103

Gen'16s, 1921

10>4

Allegheny Viilley
Ashtabula A Pittsburg..

A

i>9

110

120
hamokinV. A Potts
hen. Val.— 1st. 7s, 1809

PIIIl.AI>Et,l"HIA.

A

llsHi

A

Pitta. Titua.

•74

Preferred

I'hlla.
Pliihl.

l-'O

Cons. 5s, 'id ser..c.,1933l 22
Conv. Adj. Scrili, '85-88 5
Debenture coup., 1893J
Scrip, 1882
Conv.. 7a, R. C.,1893..t
Conv. 7a, cp.otf, Jan.,'85
92
Phil.Wil.A Bait.—4».tr.ct
Pltt3.Cin.&Sl.L.— 7s. reg

Wlseonaiu Central

Bell's

90
120 <!

6», reg.,

Coua.,08,g., I.R.C.1911
Imp., 63, g., coup., 1897
Gen., 6s, g., couji., 1908
Oen., 78, coup., 1908
Income, 7s, coup., 1896
Cons. 58, latser.,c.,1922

eo

RAILROAD STOCKS,

,

A

A
A Mem.
smith. U8
A
Louisiana A Mo. Rivor..

I'eiinsylvjiiila
PhilaifellPliia

200

.'lO

102

N.Y.— IsPhila. Newt.
R.— Ist, 6s, 1910..
Phil.
2d, 78, coup., 1893
Cons., 78, reg., i911
Cons., 78, coup., 1911 ..

102

Kan. C. Sprlnitr.
Fl.
Little Rock

220

no

84%

812lii

Phil AEi-ie- 2il.78,cp.,'88
Cona., 68. 1920....
Cons., 5s, 19'20

Preferred
Fort Scott A Gulf
.-Preferred
Iowa Falls Sioux City.

North Pennsylvania

136

;:::::

1X1 la
123

Perklomen— 1 st, 6s,cp.'87

873

Fllchburg
Flint A Pere Marquette.

K'5

no

'4

112

1919
S104
Pa. & N. Y. C.-78, 1890. 120
7,1906

Cona

I12»,

Concord
Connecticut Hlver
Conn. A Faasurapsic
Connotton Vallev
Det. Lansing A No., pref.
F.aslern,

164
163
100

—

251a

no la

10.-.

Cons., 6s. reg., 1905...
Cons., 6a, coup., 1906..

166
99
165
166

164

Beaton A Lowell
Boatou A Mtiine
Boston A Providence
Boston Revere B. A Lynn

93
110

298
240

103

1883
H AB.T-l8I,73,g..l890 m'l-j
Cons. 5a, 1895
IthaeaAAtli.— lst,Kld..7a
I.eh.V.— lat,6a,C..ftR.,'98 ?122

S6i4

Pacilic

BoalonA Albany

!'2

185
140
301

iiii'ii

•

Vermont A Masa
Worceaier A Nashua

107
130

— lst,7«

69
Scrip
2il, 7s, reg., 1910...
S9
90
N. \.&N. England— Os..
Cons. 6a, CAR., 1923..
99
100
••
78
N. O. Pac.— Ist, 6», 1920
N. Mexico A So. Pac—7s 1141a nsia No. Penn.— Iat,6s, cp.,'85
bO
Ogrtensb.A L.Ch.— Con.Bs 5
2d,7s, cp. 1896
Income
Gen., 7a, 1903
OldColoay— 78
Debenture 6a, reg
6s
Norfolk A West.— Gen..i
-,;---l,
lie
78..
«
PueWoA Ark. Val.—
N. R. Div., lat, 68.1932
sb»
100
Rutland— 68, iBt
Oil CityA Chic— Ist, Bs
»o
01
Sonoia— 78
Oil Creek— 1st, 88, coup..
STOCKS.
Peunsylv.— Gen., 6s, reg
•67
67 14
Atchison A Topeka
Gen, 6a, cp., 1910

141

i

I

A

Br

5a, iieritetual
Harrisli'g- lat. 6s,

7 •6
68',

Income

A Bound

East Penn.— l«t,75, 1838
EastonAAmb'y— 5.a, 1920
El AWnisp't-lat,6s, 1910

F.aai'rni

I

118
ll»H>

-.

6b, cp., 1900 04
.Vitt..deb.68,
Delaware- 6s, r^. ep ,V

Connecfg

80 j8l

:

Ask.

.

lat ntori

—

Nebraska, 6a. Exempt
Nebraska. 6.s.Non-eii'pt
Nebraska. 48

Conn.

106
109 •»
115

Mort.,6.H. 1889

Bid.

I

Tweaty.third St.— Stock.

Cam.

& Maine—7s
& Albany—78 ...
8a
Boston & Lowell— 7s
Boston A Providence—78
Burl. & Mo.— Ld. gr.. 7a.

139

Street.]

[Quotations hy H. L. Grant, Broker, 145 Bro adway]
«J'ckerst.dt Fult.F.— stk
100
900,000; J. A J.
July, '84 2"4
Ist mort
1,000
700,000 J. & J.
July,1900;i08
Bt'dway iji 7th Av.— Stk.
100 2.100,000' Q J.
Oct. 1, '84 17 J
l.at mort
1,000 i,6oo,ooo!j.&d.
Juue,1901i 10:113
Brooklyn City— Stock
10 2,000,000; Q.—F.
Xivs., '811213
latmort
1,000
800,000!j. * ).
Jan., If02ll06
Bklyn. Cro-sstown— Stock
100
200,000 A. <feO.
Oct.,
'841160
lat mon. boutls
1,000
400,000 J. & J.
Jan., 1888 10.5
Bn8hw'k<lv. (Bklnj— Sik
100
600,000 Q.—F.
'84 lliO
AU!,'.,
CeuMal Cjossiown—Stk100
600,000^ Q.— J. lljlOct. 1, '84 Uii
lat mon
2r,0.000 M.iSiN.
1,000
N0V..1922 no
Cenl.Pk.N.&E.Uiv.-stk
100 1,800,000 U.— J.
t;ct. 1, '81 ii!y
Cousol. mort. bonds
1,000 1,200.000 J. & D.
Dec, 1902 119
Chi-iat'ph'rilOth SI— Stk
100
050.000 F.&A.
Aug.. '84 130
Bonds
1,000
250,000 A.JiO.
Oct.. 1898 110
I»ryUk.I,.B.<fc Bat'y— stk
100 1,200.000 Q.—F.
Aug., '84 192 la
i«' mort., consol
500&C. 000,000 J. <t D.
June, '93 114
.Scrip
100 1,2110,000 F.& A,
Feb., 1914101
KIgUlli Av.— stock
100 1,000,0001 CJ.— J.
Oct. 1, '84 240
Scrip....
100 i,ooo.>'Oo;f a a.
Feb., i914 106
«2d <fe Gr'nd St.Fry— Stk
100
748,000; M.&N.
axayy
May, '81245
1st mor*^
1,000
236.000 A. <fcO.
April, 93 112
Honst.w.st.&P.F'y.-8tk
100
250.0001 Q.— F.
Aug , 84 135
lat moit
500
500,000 J. & J.
July, '94 11
Second Av stock
100 1,862,000'J. & J.
July, '84 lii5
Sdmort
1,000
150,000 A. <tO,
April, •85 100 Hi
Cousol
1,000 l,0.50.000|M.&N,
May, '88 105
Sixth Av.— Stock
100 1,500,000 M.& S.
Mch., '84 100
Istruorc
1,000
500,000 J. & J.
luly, '90 no
Tklrd Av.—stock
100 2,000,000 Q.— F.
Aug., '84 290
1st mort

W.— Oen.,6a
A Anibov— 88, c.,'89
Cam. A Att.- lst,76,g.,'93
Buff.Pjlt8..t

iucome

BoHtou
Uosion

PrefclTcd
Moiri.poUtan
Mexican Central
Nashua A Lowell
N. Y. & New K.ugland ...
Northern of N. llaiopah.
Norwich A Worceatcr...
Old Colony
PoiilandSiico A I'ortsm.
Ru lnud— Pref erred

Wall

Date.

Amount. Period

Par.

Brooklyn Gas Light
25
dtteens' Gas-L. (Bklyn).
20
Bonds
1,000
Harlem
60
J'ersey City <fe Hoboken..
20
Manhattan
60
Metropolitan
100
Bonds
3,000
JHasaau (Bklyn.)

Oons. 68, 19^1
1st, Ti-. tis, 1«22

1

.-

.

tOas Quotations by Geo. H. Pkektisb

Mutual (N.
Bonds

11812 120
117
77

78.

Maine Central
Manchester A fjawronce,
Maiq. Houghl'u A Outon.

Gas and City Railroad Stocks and Bonds.

aAS COMPANIES.

Topeka— Ist,

<fe

Land grant, 7s
Atlantic & Pacilic—68

Preten-ed

150

Aak

Bid.

.«t.]

Buff.

<X»>fPANIES.
Marked thns (•) are

XXXIX-

[Vol.

i

In default.

5

Last price this

120

w .ok.

i

1
.

OcrroBER

11

1

1

.

!
1

THE CHRONICLE.

2S. 1884.]

KAILRUAI) EARNINHS.
The

latnst railroiid

earning and the

totals

from Jan.

1 to

datearp Riven bolow, Tlie statement includes the i^ro.ss
eamiii;;H of all railroads from wliioh returns can be obtainod.
The colnmns under the heading "January I to latest date" farninh the i^rosH earnini;^ from Jantiar/ 1 to, and includiuj;,
the period mentioned in the second column.
latest

Latett

Samingi RtporUd.

Jan. 1

(o tiolett Data,

Raadt.

WuKorU'

1884.

«

1883.

1884.

1883.

S

September

95,20!)
D61.386
775 .083
1,391,31!) 1.452,,900 10,3:i9 ,773
AiiKUat
BoKt. H. T. .t
IkI wt Oct,
10,617
3 18 .812
6,,41
.')S,H48
Bur.Coil.K.ANo. IstwkOit.
2,011 31
59,,32
146.000 128.,000 1.321 810
Ciinartliiii I'licltlc 2c1 wk (Vt.
ao,.")!)
1.104 401
Oiitral Iowa ... 2(1 wk Oct.
30, 17<
Centnil Pacttlo.. Hepteiiiln-r 2.2e8.0ini 2,126,1,348 16.6.-.3. 503
61.172
Clii'sap. ti Ohio. l»t wkOit.
83 ,38- 2.748 .77
l."i,«54
15 .731
Kllz.I,ix.&-H.S. '.St wkOit.
.572 .9.50
Cliiii. O. AS.W.. 2 wk-Oc't.
56.S10
61 ,76.
1,01.5 .787
ChloaKO A Alum 2(1 vvk Oct. 231,233 232 ,489 «,793,,53
2,i47.4«5 2,495 ,124 15,798 .715
Clilc. Burl. & q. August
33,033
34,112 1,202 ,313
CIilc.<fe Ka.it. 111. 2rt WK Oct.
5fl2.l)00
rhlc. Mil. & St. P. 3(1 wk O. t
582,,416 18,075 ,000
,'i3.5.!>00
Chlo. (i Noitliw. V(l wk Oct.
592!.300 18.031 ,18'
C!i.8t,P.Mlii.&0.i2(l wk Oct,
141,200 llO'.800 4,125 ,177
2tl,G13
Chlo.* \V. Micli.lvd wk Oct
34 ,6.-.5 1,193 ,915
,) 1.005
Cin.Iu(i.,'f(t. L.AC. -2(1 wk Oct.
1.8i(4 ,56
65,,5.57
an. >:. O. A T. r. .Si'iitciiilicr 237..')!ls 239 ,787 l,e9:t ,93!'
CJn.Waah.&Balt. 2il wk Oct.
3«.747
41 .051 1,36^
1
A1a.Ot.8niitliorn

Atch.T.&S.Fn

W

Clev.Akpiii&
Clev.Cdl.C.A

oljL'd

wk Oct

Q

Q.

sas'lsiio

In(1|AiiL'iif>t

27,'20>>

36 .58.5

24.3<r
41.'). 187
3S9.311

30,,335

Eastern

ii.Teiiu.Va..!fe(}a. fM ptciiilw-r
Eransv. itT.
list
Oct

H

wk

Flint A P. Mar(i.,2d wk Oct.
Flor.R'Wiiv St. N.lsi wkOct.
Ft. Worth (fc Deri. Sept cm er
Grand Trunk . Wk 0( t. 1
Gr.Baj W.A-St.P.'id wk Oct.
.

.

i

14 .115
.55 ,998

42,,3'>9

403,,440
10,,382
228,,292
2;*,,968
293 .246
49,,974

7,203

20,932

wk Oct.
wk Oct
.Sd wk Scpi
1st wk Oct

(III.)... 2(1
(Iowa) 2(1

Ind. Bloom. A W.
K.C.Ft.S.AGulf
Kan. C. 8p & .M.

Kentucky
Lake Eric

2.i0,900

43,300
72,309
4 2,830
22,170
21,772

1k1 w1< Oct.

Cciit'l l.^twktJct.

A

W.. .Sei'teniber

wk Sept
June
2d wk Oct.
2(1 wk Oct.

& Mo. River
Louisv.A Nasliv.
L,a.

O.
Meuiph. AChiirl. 2 wks Sept
Mexican Cent. ..><ci)iemi«r

Mex.Nat., NoD(/ 3d wkScpt
Boiithcni Dlv.;).;
Other lines e. ;3d
Milwaukee A No .d
MU. L.81i.AWe8t. 3d
.

wkHept

wk Sept
wk Oct.
wk Oct.

Minn. A St. ^JO^U^ .\U'.;ust
Mobile A Ohio ,.s,puMidicr
Kaah. Ch.A St.L. pciitcmbcr
. .

N.O.ANortlien.Ht'Septembei-

N.Y. A New KuitlAiigust....
H. Y.L.ErieA W.y Aii^;ust.
. .

N. Y. Pa.

&O

.\ui;ust

...

N.Y.Susq.AWpst S^ptduher

N. Y.Ont. ife W. Aiuu-t....
Korfolk & West 16 (lys Out.

Shenandoah V

'iti

dy.s Oct.

Kortliem Centr'l Sepieinber
Mortheni Pacitlcl.S(i wk Oct.
OUIoCeiitial....

:)d

wkOct

40,.815

19 .53.;
148,,374

37,137
24,704
68,727
49,800

37,,927

kid

Mar.HouKh.&

68 ,9,57

14(!,0<I0

August
L.Rk.M.Uiv.<fe T.f AuRust
L.Rk.i^£Ft.8niitli
lionjt Island

21 ,0 9

33.0(><'

377.0.50
187,74.'i

Do

394,.434

l.o.Dl)4

GnlfCol.ASaiiFe ScpIeniluT
in.Cent.

428 .34 _

42,441
20.834

HoUfl.E.AW.Toi Hcptfdilicr

25 .238
67 .022
51,1.000

90

11,,560

123 .•291

12,'

21,,595

58.58 \

.

639,412
234,588
!.094.338

301.442
205
740.145
806,876
108,528

10, 740.

308 670
837,408
030.570

710
1,403 669
1,761. 432
268 000
2.16-1. 510
1,1.50

440,1196

711,915

749,006

319 ,701 10,248 370
88-( 000
23 .820
133 ,233 2,941 0^3
38,.637
330 343
>

N.

Mox

».

July

Texas A N.OrCs.! August
Lonisi.iua W'li.l.Vugust

Tex.A

htwkOct.
N..M September

St. Loui-.>,

Tol. A. A.

A

Union Paoilic...Un»(UHt

31,6771
23,851

130,,645
3('l ,085
192,,510
06,,554
119 ,310
55,.788
28, ,999
18, ,923

2,43(1,155 2,477 .402]
tJtah Central.
hieptembcr
i)8.59:i
104 ,708
Tloksb'rKAMer. <e|ileml)er
41,662
45,,370:
VIokBb.Sli.APac. SeiiK uilier
34,770
19,,339'
Wab. St. I.. & 1'. ;idwk Oct
401,000 381,,175i
West Jersey
Aupust
223.307 216,,986'
Wlaeonslu Cenfl 2d wk Oct.
27,!t90
30,.907
.

766, ,S87
2,056, 793;
1,0-^6,

631

Or«.-nwlcli

leather Manat'rs.
Sevenili Ward
Slate of N. Y
Aineric'n Kxcli'ge.

14.373,000

l.OlW.OOfl

lB.l;i8.3()0

1.748,000
1.729.000

3.10-(.70fl
1.: 05,000

2,0.)4.700

Commerce
Broadway

0,232.500

Ifcreantile
Paclflo

fl.OI8.-20fl

2,(I02.UUO

4.673.100

Hanover

•.

Irvlnic

Metropolitan

Nassau
Market
Shoe A Leather..
Corn Kxcliange ...

Pak

North River
East River
Fourth National..

2.2.sl».0(XJ

1.100
240,2«»

6.230,3(81
2.100.»0(1

701,'iO»

l.r.l).i.700

2,27l',0OO

303,400'

.1,70ri,800

45.000
5,400

1.774. .00

3.328.200

78:i.400

0,.'.93.700

926.50*

497.309
211.000
Sjl.lOO
304,900
162,80o
400,500
383,000
270.000
727.400

2.;47.000
1.200.000
2.928.300
2,519.500

34>l.«0»

2,4 !..,200

412.500

1.626,000

.^
44d.oaO>

5.3Is,;lOO

«a,ioo

l.r 15.200
21.70 '.300

i.sjb.'ioo

4,702.000
28.000
70,000
4,780,100
1,210,000

1,810.500
190.000
1 37.900
1,; 20.200
1,357.000

3')2,00ll

245.000

821,100
11,814.000
8.100.000
2.229,000

474.400

O.)4.000
7'20,400

10,107,700

4..187.70O

1.03j.800

Bowery
N. V. County

1.192.800

377,10(1

l,C31.()l)0

298,000
107,800
691,000
614,300
701,900
103.000
287.900

1.H29.8I10

riiiau-.\ioerlc'n.

2.542.000

Chase National...

3.28.5.31)0

Avenue

2.337.000

Ceriuan Kxcb'nge.
O'-rmania
United States
Lincoln

1.701.(100

(iarlleld

1.795.300
2,920,100
1,514,800
926.200

Filth National

l,0!ia,30ll

1,2dw.2i)0

673.000
00.000
l'2tf,l.-(l

45.000
285.700
........

2.7Sti.llOO
4.0..-2,400

300,(100

i,7>i0. ?(}!

Mi'jm
893.800-

4,212,300

l,30..,~0il

14.&:f9.7i)0

16,aoO

8,870,: 00
11,19-2,000

104.01)0

0.88!<.000
2,004, 'JOO
4,240.5,10

a.flo

• l-j,4fr

15.l21.r00
3.857,700
6,569,800

6..il7.4(jl)

12.816.000

ai8.m»

2,479.100
1,106,000

1.7J4.0IIO

1.51(9.000

.......*

393,S0»
eie,oo»

807,000
91S.0OO

17.109.000
10.0o3. U)0

Central Nationil..

(1

601.600
186.600
1,044,300
074,700
183,800
838.500

550.0(M)
Oil. MOO

l,077,!'0i)

First National
Third National ...
N. V. Nat. Kxch..

34tf,'200

93.000
652.000
87.400

3.720.000

Continental
Oriental
Importers'A Trad.

303,400
13',700
642,400

450.;!00

4.8'.I3,';()0

1

2l3,'20O

92.000

2,7S3,«00
1,738,300
2.532.000

Kichola.s

St.

45,000

21.0J3.1I)()

1,752,IK)«

22:voo
860.000
297,000
46.00O
45.000
449,900

4.O1IS.OOO

517,000
152.000
217.000
510,500
83.400

1 ,899,500
2,375,400
2,474,100

20.1.000
148.71/0

3,«5.,-200
2,00!*,000

380.000
240.200
149.100
103.400
2^5.400
105.500

2,153,900
2,344.000
3.2J4.O0O
2., 17.400
880,300

.'..I.jO.500

1,238.

00

.

! 80.006
225,000
180,000

45,000......

........

446.700
44.000
170.400
131,500

1,14(,10()

291,708,400 77,314,S00 33,016,200 314,901.000 r2.76l.800

Total

totals for several
\L. Tendera.

Specie.

weeks

DepoaiU.

past:
Oireulation Agg. Cltar^tt

$
Oct. 4 290,505,200 76,207.000 ,10.767,900 308,308,900 13,632,500 654.662.688
11 -290,613,000 77,90-2,200 32.728.10013 14.068,000 12,8>.)3.»00 490.58-2.476
I8!291,70-!,400 77.3l4.8OO:33.016..0Oi31l,9OI,OUO 12,701,800 41-,5752214

Boston Banks.

—Following are the totals of the Boston banksi
Deposits.^ [ClrcuUition Agg. Cletvr'B^

1884.
Oct. 6 140,498,300

664,676
4.552.137.027.822
867,5H3
3,244,224
209.028

• 1;( 140, 05,900
" 20 110,740,800

7,117,400
0,927,3 ()0
6,731,100

Pliiladelplila
are as follows:

Loans

1884.

"
*

73.ta4,510
73.04 (.448
74.468.194

6

13
20

•

May

to Saltlllo, 397 miles; up to
embraced only
to SaltlUo.
« Only 136 iiiil(!8 now. but prior
to May represented 297 miles.
York
g Not including earnln^'s of
Penn. <S( Oldo road.
k Not ineludin); Central
Jersey In either
year prior to June 1.
» Included in Ceutral Pacific ijaraiugs above.
j Embracing lines iu Missouri, ArkatLsas and Texas.

New

totals of the Philadelphia

banks

CHrcalaflon. Agg. CUar'tt

DepoiUe.*

$

$

67.833,106
08,040,937
08,876,346

8.059.808
8,051,006
8.034.475

Unlisted Securities.— Following are

week

S
49.889.72»
40,2'«8.10»

4»,107,69&

latest quotations f<Mr

i

past:
Hecurities.

Securities.

Am. Safe

A .'acillc
A Pac— Stock ...|

Atoll. Col.

Atlantic

'

West. Div

,

7

78

Istniort

17

Incomes
C-nt. DlT.. 1st, old

Bank.AMerch.Tel.— 18t M
Cen. mort
liONt. U. A £.— New stock!
old

80
90

I

I

6»4

INewb. UutchAUonn.. pref
Ohio cent.- lUv. Div., I91
I

:

714

I

'

Y.A

Buir. N.

I

Denv.ARloOr.W

A

W., Ist M.,
Guar, by I>. A R. O
Kdi,->ou Klectrio LUht

.<)0\

40

Western

Postal Teleftraph-Stook.

lHtmoit.,6s

45

SdUtberu Tel.— tilock..
-1st moit

A Cable—Htock

8>c
15
V'f'i
2«J

60
79'

6S-

3S

219

26

20^

8

I

2». StAIe of Tenii.— set'iu't.Ss

A Western
A Pac, Isl mort.
admoit
Kans. A Neb.. 1st uort.

[St.

Joseph

St. Jo.

35
22

2d mort
SI!* Texas A Pac— Scrip le84.
Old scrip
13

mort
Keely Motor
2(1

7

N ational.— Prof

Mut.Ua— -I'ck

Je

:po8t»l Tel.

83
as

1st iiiort.,6s

mort

AA.

60t«.
15>>.

100

40

I

Ueorgia Pac.— .-stock

Sleiican

A Atl.—

Pitisburg

7
60

'

I

ben. R. U.

lu(K)iiies

Petisacola
Ist mort

Istmort
I

H.T.& West.— St'oki

Debentures

Bid.

Pac— Div.

bonds..
North Hiv. Cons.— loo p.c

,North.

Dep. per.doh.bds

Phila
Trust bonds. 6.-*
Chicago & Can. 8o— St'ck'
Continental Const. Imp. Co 11
Ucii V & Rio o tande— Con », 30
5s

1

65.300,685

1

Inoladlng the item "due to other banks."

1,476,0!*)

1,1.91.078

64,4'27,80»
6 4. o 08.3 16

9 1.597,6ool 23,8U9,6ut

21.270,877
20,915,781
20.725.702

Boat.

87 .992

9O.3\i'J.0OOi2:f,759.200
90.84 <.-200 2 1 .020.701

4,581,100

Lftwful Money.

$

Oct.

4,li81,40(

4,926,200

Banks.—The

692,3ol
2,130,640

....

New

3.281,300
1.600,300

2,808,100
4,030,800
1.014,700
810.000
85O.5O0

Hatchers' A OrdV..
Mechanics* & Tr...

1st

d Corpus Christt
236 miles, Laredo

1,016,700
13<,700
107.000

l.lttg.KXI
1s.1110.9iHi

2.l'l3'.263

384, ,.i31
7.'3,3 '1
541, 5991
350,195
285, I98i
680 ,814
141,772
168 ,755
13,871,,292 17,!»3'<,16o
857.
X72
756,,212
336.753
832. 717
70,405
131,,210

929, ^0^
1.005, 06-.

400.100
241.100
IIS.OOO
94.000
430.200
212.700
520.100

8,041.900
261.000

860,806

OI'.lviO

,377,295
,140.291
,395.356

.

152,608:

2.2;:3,»0fl

Ji.iyii.etKi

.

260,546
141,591
41,691
75,592
37,074

a.t-'.ion

'22,l.0OU

7,907. SOC

The following are

1

So. Div.i. July
Ariz(ma.i.iJ(dy..

1.498,200
17.H57,.O0

3liO,ft')0

2,7'21.O()0

Fifth

1

Do
Do
Do

906.1)00
0.080. '00

I'henix

Tradesmen's
Fulton

•

«MM>0»

3.3ur>,80<]

440,00

.

Bo.Pa<5.Cal..ND. July

10.I1J8.000

2.70(.',000
2,189,111)0
a,:fy.),ioo
2,2;i»,101)

.OS.O'iO

OhIoA Mi-8
kidwk Sept
Ohio Southern !.September
Oregon A C!il...'Aus!U8t
81 ,0>7
Oroffon Imp. Co. August
27''.376
366 ,706 2,215 072 2.591,126
Pennsylvania.
Augii-t
4,617,894 4,775; ,380,31, 140 22,» 33,3=.3 909
Peoria Dee AEv. 2d wk Oct.
13,279
14 ,186
59 8311
558.357
Pblla. &, Erie ... August
367,90.
3-13 ,-»91| 2,109 441
2, I5i,102
Phlla.& Eead',.;A .\imust
3, .:)9.015 3,538 03i|16,176 983 17,112.987
Do C. (V lrou'.\iigii.st ... 1,948.741 1,86b, 105 10,136 344 10, 177.059
B clmi'd ADanv. Sepi ember J37,3i7 362 ,292 2.700 5o9 2,716.974
Ch.Col.A Auj; ept(!i(.ber
64,27tM
511 124
570.761
71 ,411
Columhlu&Ur. .'^ei>tember
515.922
51,130
61 .819
4:8, 744
Vs. Midland. Septemlter
170,208
185,.205 1,184, ,171 1,24 4,536
West. No. Car. September
4,-),69g
268,115
321, 145
46,,241
Boch. & Pitt«l)'K 2d wk Oct.
26,17k:
457,644
897, ('4
17,,020
Bonie Wat. A Ok- .\u«iist
176,bf.3
171 .406 1,073 206 1.049."i53
Bt.L. AltonAT.il. 2d wk Oct.
30,903
.^0 ,838
1,018, 252 1,139.M3
Do (brclis.) 2d wk Oct.
036.47+
18,010
575, 149
16,,167
BtL. Ft. 8. A W. 2d wk Oct.
12,439
189,601
377, (i08i
8,,091
Bt.L ASan Fiaii. 3d wk Oct.
110,200
78,,200 3.701, 472 2.9.19.226
Bt.PaulADiU'th -d WK Oct.
31,553:
958, 708 1,007.871
36,,201
Bt.P.Mm.& Man. Sept(!mber 738,5001 777,,804 5,502, ,450 5.932.725
Boatb Carolina Au^llfit
04,719
85,,854
794.103
701, ,313
.

H,:i33,UO0

771,600
8&7.800
601.000
218,100
146,800
987.100

138.'200
378,01)0
3,0T7.'200

695. 633

.

338.318
19,167
106,291
46.3n4
80,28o

844.(Mia

<)47.8a0

2,787.100

1.4S9,700
3,00 .,500
7,800,000

133,991

185,.902
210,586 197,,799
27,434
11,,104
300,791 391,,825
1,534,427 2.068,,464 10,t.63.6' 3
I
480,569j 753,
3,608, 367
9.5.417
7c 190
90,,085
206,412 175;,496
139.211)
.372
136
2.084 953
599 147
3-'. too
45 .596
476,S11
545 ,727 4.085. 00!)
1

2,U7.000

4,'281.'20C

10.829.100

P<jople8'

14'. ,221

942

H.3K6.I0U

860.750

228.909
256.712
550.940

739. 6 9
933. 064
2,092. 570
380.,489
557, 630
21", 961
401, ;U!)
f-8t 541

8,72l<.00fl

1,477.000

3.402.:l()0

I

428.4=.6

20..159
50,!
,932
153,,748

9.043.000

4»>i.ooa

City

(jallatlu .National..

9

i,«52,oon

Chatl)sm

202

1.253,,152
191,,486
7.689, 872
1,2>)0,,738
1,90k,,023
1,792,,467
852,,6i4

328.:870 10.4 54

•

1.3i6,0O0
i.OlO.OOfl
1.8 10.700

Merchants'
Mechuilca'

Citizens'

306,,902
201, 058
2,132,,887
314,,559

•

Otnuta.
Hon.

K.

7.878.00(1
7,308.80(1
H.28'1,00*

95,5,772

27!»

301,073
01, 66 S
244,718

255.611
1.000 ,72.":
237,122
N4 1,077
685,,35(
2.359 8H5
400,730
2.824,,:<5o
9 )4,072
5>-2 ,50
561.015
968. '08
1,818,,054
721,,98
670.126
355.,21
268.581
13,218,,239 14,7
772.651
251,,64
300.220

15.3G2
« .049
250.01 3:
11.578
13 503
2.424

2 1,0 SO
153.(i09

•

than U.

8.760,000

Co

America

of—
other

nSden.

0.162.900
604,000
1,852.700
457.000
280.000
408.200

271 .35(i

291,0.55
1

2-14.148

813,! 09

wk

Oct

110.470
725,032

422,08 2

wk

Oct.
AUKii«t

97(>.9:i8

382 122

Dct.LiiiiHVA No. 2d

.Mautiattiin

Merchants' Kxch.

548.558

apteu.

i>t«coun(<.

New York

Ammmt

Ntt DepotUl

Lonru and

Choailoal

2,431 ,>)0l

Dub.ASuiuxCity

At*ta«t

Bank:

1.103.612
970.9!I0
l.2T5,23J
1,902.609

11,,-'1.5

34,933

'.'d

255.247

I

New York City Bank*.—l^e roIlowini<RtatAment shows the
condition of the Associated Banks of New York (Jitv for theweek eudiiitc at the commenoemeat of business Out. 18:

!.02!».0I6

446.,797
40,,498
9,,641

Coiiiiottdu Vol.. .\ugiisr
De» Mo. & Kt. D. 2(1 «k Oer.

f,»81

*
741.433
1,147.610

459

I

4
18«*
11

trust ctta

Maliuning Coal A KU
14
Mich. A u.. sub full paid.
.Mo. Puuiac— Old stock....!
M.K.AT.— lucuuie sctl|> ..I »4
N. Y. M. tin. Tel.-Stock.' 48
31-^
N. V. W.Bh.A B.— Stock.
i

8»«

New

S»

M.AA.Uiv..lncumos.u p
0fl,

10

SCI ip

Tex. St.L.,M.AA.div..asp
M.A A. lliv.. 1st mort..
1st luurt.. in I'exas..

Uen. Ist.ld.Kr.Aliic.asp.

Tei.AC

I.

Imp.— Kxbd..

*\

U.S. Electric Light
ViC).sburKdL MertdlAn...
Pr«t
Ist luort

2d nior:

8V,

iDCOluiS

IS.-

—
. ..

.

THE CHRONICLE.

460

KOAl> -VND EQUIPMENT.
1S81-S2.
1S80-S1.

Juirestmcixts
ASD

Total.

Earninffs—

437

612
1S33-84.

1882-S3.

1.533,307
3,406.713

755,739

1,034,56^
3,6.-5,175
18'i,237

3,40^,170
372,293

Total gross earn
Operattuu; expenses.

3.730,245
2,063,3 S4

4.947,930
2,612,541

5.100,512
2,706,466

5.364,906

1,666,861

2,335,439

2,391,016

2,393,450

Mail, cxi>res3,

.

Not earniug^?

424.886

2,97 1,456

INCOME ACCOUNT.
1881-82.

1882-33.

1833-84.

Net earnings
Other reeeipts

1,66G,8(U
241,499

2,'^35.433

180,725

2.394.046
95,167

2.393,450
301,441

Total iucoiuo
Disbursc»ient3~
Rentals paid
Inicvest on debt

1,908,360

2,516,161

2,489,213

2,691.894

112,760
414,743
1,296,030

145,429
4 14.270
1,584,000

354.180
410.160
1,800,000

1880-91.

$

Ileceip's—

that
President, Mr. Elijah Smith, remarks in his report,
compared
•'
while the freight earnings show a slight decrease
on
with the preceding year, due to the reduction of the rate
hrst ot
construction material to one cent per mile smce the
actual
January, previously charged at highest tariff rates, the
commercial earnings on transportation of other than company's freight show an increase of $443,128.

Dividends
Riitdof dividend

were

^lor'n^l

were

...

__!_;_

13,600

Total aisVment?.
Balance, surplns..

l,104,90ri

1.867,103

803.151

619,061

9,230

79.855

2,25J,929
•226,234

2,674,195
120,699

•;

surplus
All ling lunds retired b.v .siiiViug fund duriiii thevcav mikes
fd I.OJO larger than here given, t Deducting $9 1,00 J for dopreeiation
ol
$70,301.
year
lor
the
delleit
of steam ns leav cs a
GENEKA!. IJAI.ANCE AT CLOSE OF EACH FISC.VI. TEAn.

—a decrease from last year of $121,718.
" The falling off in the earnings of this division i.i due to
which has
the completion of the Northern Pacific Railroad,

1880-51.

taken the through 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-

Coustrt'n and equip.

15,984.2 10

lieal estate
Pow. K. ifePal. luiids.
Stocks owned, eost...
Bolide owned, eost.
L<Kvn.i at d diseMUuIs.

:;ol,o77

1,401.69.)

r.eeivnble
Materials, fuel, &e...

107,142

Bill.i

:

Walla-Walla to lilue MoULtaiii
Umatilla to MiUceli.1

1.103
10, (10

23,166,451
476,637

28,163,728
190,121

445.710
200,000

445.710
200,000

17,100
372,735

521694
693.210
242,490

31,050,722
305.971
518,782
3,687,227

\

179.5.50

1,830.909
1,127,126

958, U«

151,816

21.'i,''0.5

12,6:12

1-1.973

B 'laiieesof aceounts

94'.M96

1,295.110

17,971!
2,38;f,t57

l,l-:4.35»

26.284,492

32,60 -,251

30,847,193

Total assets

07,-17

1.13,925

"s'89

21,653

llH.'i73

LO,285,S52

$

lAabilities—

"The only increase in the mileage operated during the yeai- Htoi'lf, eomnion
was the extension of the Baker City Branch to Meachain, 27-U*" feiip eertitloatis
Bou l8(secSuri"'.M'T)
miles beyond Miljeclia. making a total of 42TB miles." * •
" The track on the Baker City Division had reached a i oint Accrued interest
seventv-eight miles east of Umatilla at the close of tlie preceding" year, thougli but sixty-five and one-hslf miles were in
operation." * " • "It is expected to re.-ich Baker City by the
middle of August, and to connect witli the Oregon Short Line
at HuntinKton during Oeto'jer. This connection will give ua new through line between the East and the Pacific, which
will add largely to the business of our railroad and to the
'
*
value of the company's property."
" When the constiuction now under way is coiuploted. the
mileage of tlie railroad division will bo as follows Portland
to Rii^aria, 301 miles Bolles Junction to Dayton, 13 miles
Walla-Walla to Blue Mountain, 19-9 miles Pendleton to CenPalouse Junction to Colfax. 89 miles
treville, 16-8 miles
Umatilla to Huntington, 217 miles. Total 656-7 mile
"The question of the validity of the lease of this ro.ad is
being tested in the courts, and this company t: assured by
good counsel that it will be declared void." [The decision in
N. Co.
the first court has since been given against the O. R.
and the case appealed.]
FINANCIAL.
"To jirovide for the payment of the scrip certificates and
for the company's other requirements, and also to provide for
the company's first mortgage bonds at maturity, or for such
as the holders might be willing to exchange before that time,
the issue of fourteen million dollars of consolidated mortgage
bonds, bearing interest at five per cent, was proposed in
Janury last, and their sale negotiated on favorable terms.
The plan was found impracticable under the Oregon law
relating to mortgages, and was abandoned. The company
issued six million dollars of debentures, bearing seven per
cent interest, payable in gold, dated April 1, 18S4, and having
three years to run. Five millions of these have been sold, and
the iM'oceeds applied to the payment of the floating debt, the
purchase of the Columbia & Palouse Railroad, and the conThe remaindei- will be
struction of the Baker City Branch
disposed of to meet the payments for construction in progress,
and will be sufficient to complete the work.
This company has a claim against H. Villard of about $420,000, to secure which it holds alien on his property on Madison

$

Cash on hand
Ins'nee .t r.newal fd
Sinking fund
Mis.:ellaneotis

"

44.^,710

IS 83-84.

1882-83.

1881-82.

$

Af!srts~

sated by the gain to the railroad division which participates
in the through traffic." * * *
" The mileage of railro.ad in operation at the close ol the
preceding fiscal year was as follows
301 "'•'^'^sPortland to Kiiiaria
Boll 8 Jmietlou to Dayton

-9>1

(713)

(9)

(8)

(8)

67, 173

and

.

$2S8,29j

earniiiffs

399.73.!
638,0 JO

sink. fund.

Mis.

OCEAN DIVISION.

Total

250

2,7*^1.350
193,15(>

Frcigbt

The

Net

1833-94.

vfcc...

Passeii.ijer

Oregon Railway & Navigation Company.
{For the year ending Jane 30, 1884.)

Tlie expcDsea

4P2
150

1,3-20,035

ANNUAL REPORTS.

e.arniugs of tUls division tUls year

337
150

EAltSINGS -VND EXPENSES.
1381-82.
1890-31.

The Investors' SupPLEMBxr contains a complete exhibit of the
Bonds
Funded Debt of States and Cities and of the Stocks and on
the
published
of Railroads and other Companies. It is
last Saturday of every other month—viz., February, f^PTJ^'
withJune, August, October and December, and is furmslied
Cheonicle
out extra charge to all regttlar sub.S'?ribers of the
Sxtra copies are sold to subscribers of the Chornicle at 50
opy.
cents each, and to others than subscribers at $1 per c

XXXIX.

1882-93.

250

Miles of raih'fl owued
MUes of railr'd leased

RAILROAD INTELLIOENCE

The

[Vol.

12,000,000
900,000
5,911,000

$

Si

16,200,000
1,200,000
5,851,000

1,200,0<IO

24.0(11.000
1,200.000

5,783,000

10,719.000

21,800.283

.

•_7.-..')70

37:>.198

Dividends

;i:)S,959

Bi:iik &, suap'iid ace's

301,6.50

Bonds eanci-Ud
Bills

7, .'ill)

pavablo

Ins'iice&reucwiilf'd

77,684

& pay-rolls

754. 130

Vouchers

Miseell.ineons
Prolit iiUdloss

Total liabilities..

451,127

181.414
1

73,31)3

26,8^5
603,353

843,299
26,000
1.309.446

20.2S5,3.>2

20.284. l£2

657,160
17.738
.160.292

39,S47.19a

32,603,251

'•'

:

;

;

;

:

;

&

Avenue, New York, which it is expected will, when sold,
bring enough to pay this claim. This amount is included
in the Treasurer's item, "miscellaneous accounts receivable,
$697,874 80," in the general balance sheet, and explains why
that amount is so large." * * *
"Negotiations are in progress for a contract with the Northern Pacific Railroad Company for the operation of this com
pany's lines under a guarantee of earnings.
Tlie matter,
however, has not, at this date, made such advance as to
justify any opinion as to the result of the negotiations."
The following statistics tor four years have been compiled

3oi the Chronicle:

Pullmau Pnlace Car

Co.

(For the yiar ending July 31, 1884.)
At Ihe annual meeting in Chicago on Thured.ay, October 16,
President Pullman stated that during the fiscal year ending

July yi, 1884, new contracts for the usual terra of fifteen years
had been made with eight prominent railway companies, mcluding the Illinois Central. Delaware Lackawanna & \\ estern
and Mexican Central. Renewals of contracts have been made
with the Union Pacific and Intercolonial Railways, covering,
of
altogether, a mileage of 10,849 miles. The total number
cars^oiierated at present date is 1,148:
••The results of the manufacturing department o^ the company are reasonably satisfactory. The total output of cara

manufactured and repaired during the fiscal year is .*;6..'5:?7,726,
built anct
of which ;J3,393,481 is for sleeping and parlor cars
repaired for account of this company, leaving >t;3,141,'344 as
outside business. The total profit from th? car shops is ^303,133.
The net income from the town of Pullman, exclusive of its car
well
shops is ^•207,0-3.). The growth and general condition, as
are quite satisas the financial results of the town of Pullman,
increased ouring the
facton'. The number of iiih-abitants has
The
year from 6,685 on July 31, 1883, to 8,329 on July 31, 1884.

Pullman building was commenced April 1, 1883, .and will probof
ably be completed in February, 188.5. The estimated cost
last annu^
the building when finished is $650,000. Since the
i67
meeting, the number of stockholders has increased from 1,

,....„,
,
The annual reports of the company are merely statistical,
and contain no remarks in regard to the operations or condibalance sheet
tion of the companv. The income account and
to 2,53f."

for the past three years
as follows

have been compiled

for the

Chr(1S1CLB

i

I

;

INCOME ACCOUNT.
1881-32
2,815,986
Earnings (leased lines Imlndcd)
Fi-oportion of earnings ef other sleeping car assooiatious controlled and
-operated
Patent royalties and manufacturing
pronts
Froflt and loss, Incluaing interest,
discount and exch.ange
Total rev emie

1882-83.

1188-384.

2,946,278

3,424,27»|

,„„„,,
.31
58—

605,396

433,231

339,3-1

531,371

513,947

13.115
3,737,538

4,093,245

4,456,457

.

October

1881-82.

188384,
*

1882-8).

*

h

liii'Iiulctl;

I'l

:i

1

.'i'i;i';>toil

hITi

I

IxiikU

'HI

iital Htoek
iiieliidiug

l.^.-i,

295,455

17.\,702

ioi>.oi:»

171,071
1,233,112

2,507,8(W
1,139,072

3,039,032
1,053,313

for the year carincome accoimt
1,011,533

1,033,313

ll.VL.VNCE SIIKET .lltLY 31.

1882.

1883.

As/iels—

Cnrs mid cindpuioats, Inclmliug franchlxos-

3,20J,7a3
1,102,091

I'lilliiian,

Mantua.
in

.

&o
St.

&c,

other

car

282,881

316,670

802,553

,737,364

3,703.025

2oO,000

434,530

3,33n,0?9
535,986

2,192,930

1,213.194

aaweta

and oiiorated
Slocks and houds owned
Construction uiaterial and operating
supplies, iueludlng anionnt naid on
tlons controUid

cars In vroccsa of construction

Luniher
Balance of current accounts
Cash and call loans

97.892
306.534

Total assets

703,933

1,527,757
702,205

168,832

592,676
270,161

21,295,279 23,093,309 26,169,3b2

LiabilUies—
Capital stock

12.574,000 13,269,5(H) 15,921,800

Bonds outstantUng
2,253,500 2,269,300 2,2U9,500
Ilccei\cil from sale of oM ears leased
from Central Transportation Co
441,356
441,310
441,370

Tlalunce of current accounts
Surplus invef,tul in the nssitsof the

compi,ny,le8s written

oil'

288,.'>31

durius tUo

ycurl

6,023,823

Total lialnllHes

mi.

1-81.

•271.734

12,^9.1

13l,llt)0

1

N«tearalns«

Ea.st

.

Oross earulngg
$300,311
Oporatlug ctiM.'nscs 210,110

$159,201

.$304,431

$2.>)24,3.50
l,82J,4;i9

$2,^104.(172

189,132
$201,91-2

$1,601,921

$1,157,082

1.74U.390

Norfolk & Western.— ThU company has just oomp!et?d an
arrangement with a syndicata of American and Eaglrili b.iikers by which ^l,r)00,000 is to ba furnisho I t-ie cjinjany in
1,192,694 exchange for a like amount of adjiutment mortgage
bonds, maturing in forty years, and preferred stock, part of that owned
and carried in the company's treasury. This nroyide.i tho
1884.
company with an amount sufficient to pay its floating debt.

9,859,019 11,326,333
379,:->94
378,401
381,3>(3
4,814,061 6.0J0,2()i 0,134,828
194.383
184,3S3
lH4,(.3t
67,201
68,954
71,080

Detiiiit.

Patents. U. 8. mid lorcign
Furiiltiuv and llxtiires
Keal
estate.
Sec.
Clilcago,
l.oiiiii.

e xpenau

2 m'>t. Ui All} .11.-,
lfJ7><,"i()rt

$79,833
$JJ.12i
$1J>!.-,13 $U4,«6l
Tennessee Virginia & Gcoryla.— The gruw and net
earnings for September and for three months are lu follows
I,33;»,<!21
September.
Jiili/. 1 lo Sep(. 30.-—
33,733
1''84.
18^.?.
1881.
ims.
I7i,4«(l

9.'^02,622

IiiMstcd

iig

Netoarnlugs

aiirpltis

ried to credit uf

I

.

128,136

car

13(1,55(1

2ti-l,00(J

20.053

Total (llsliui'scmcult)

stnmlitril I'lillinaii

114,127
aot.ooo

870,037

V.'tirsiiU
Ilulancoof account for rc-l>uil<lini{UQd
reiiioilplitif; cnrj
Into tho iateat

Car works at
Car works at

luguit
18 44
1MH3.
.$150,514 *l.5M,0U
..
70.033
63,033

OrOMearnlQf;!!..

Operat

Interest,

Ulseoiint au<l cxclinuifo

Bn'aucc of

1,110,933

iuLc-curiwsticiii-

-:< "'L

I

.1
:

liii'l

070,3SO
217,03-1

::lll!lC<'Xll0118C8,ftl'.,

'

Kill,

017,308
207,1."SO

u\ihi}Utrvy nnil be*l-

ii|i

-

401
nilB0l»,-The •arninga and expentes of
and for the two manth* toAa»iMt3l.
•
'

am

-if

MIu^H

C?26.479 ;7,533,712

21,205,279 23.003,300 26,109,382

The company

in its contrast with the syndicate has resenred
tho right to olTer tho bonds anl stosk pro rata to its shareholders prior to March 1, 188.).
The liabilities and annual
interest charges of the company are not increased by this issue,
it being merely a substitution of a long-time bond for its
unfunded debt. The company's fioating debt is about $1,'200,000, of which 1^1,000,000 is made up of loans on collateral.

Northern Central Railway Comp,iny.— The comparative
statement of gross earnings and expenses for September and
for the nine montlis ended September 30, is .is follows:
.

Qross earuinga

Seplembef
1884.
1833.

,

,-J tnni. ended Sept.

30^

18^1.
$1,035,008

ISS (.
$4,552,137

$279,029
13,340

.$2,27(1,005

$2,495,027

z79,02l

2; 1.058

$2^5,317

$291,90 J

$2,353,0-27

$2,760,983

$101,193

$230,757

$l,.52.i,93l

$1,783,131

..$176,810

$515,726

Operating expenses
$232,370
Extraordinary expen-ses
32,940
Total expenses.

Neteanilngs

Ohio Central.—-The committee, consisting of Messrs. D. B.
Halstead,C. W. Opdyke, trrinnell Burt, Chas. J. Canda and J.
S. Stanton, recently appointed by the bondholders, have agreed
upon apian of re-organization of Ohio Central liailroad Co.,
which will be formulated and issued in a few days. Said plan

will provide for the issue of §5,000,000 first mortgajjo
jier
cent 50-year bonds, $3,750,000 preferred stock, *7,'2)0.(Hi!i common stock. $3,000,000 of said bonds and $750,000 of said stock
$1,100,000 of this amount is embraced in detrecialiou iiecouut and
will be issued to tlie holders of the §:!,0:)i),000 main line first
$6,43J,712 in inoomo account.
mortgage bonds on their paying an assessment of ^o on e.ach
bond. iS3,000,000 of said preferred stock wQl be issued to tho
liolders of the §3,000,000 of second mortgage income main line
bonds on their paying an assessment of .f^oO on each of said
AllegUeny Valley.—la the United States Circuit Court .it second mortgage bonds. .$6,600,000 of said com. capital stoclE
Pittsburg the master and examiner in equity in tlie case of will be issued to the holdere of ^'J3.000,000 of Ohio Central
the Pennsylvania Railroad ^nd otliers vs. the Allegheny Val- Railroad Company's stock, on their payjng an assessment of fl
ley Railroad Company submitted a report recommending the on each sliare of said old stock. There will then remain in
foreclosure and sale of the latter road. According to the re- the treasury of the cojrpany $3,000,000 of said new first mortport of the master, the Allegheny Valley Railroad's debts ex- gage bonds, ^650,000 of com. stock and the cash assessments
ceed its assets by ^^077, 000. The dateoif sale is to be fixed by collected for the purpose of acquiring terminals at Toledo and
Columbus, necessary rolling stock, and making betterments
the Court.
5f!4 cai-8 in 1882 579 in 1883 60:1 In 1884.
IWiittcu olt-ln 1882, $128,419; In l>ia3, $2:0,658;
:

•">

:

1884,

in

.$185,161.
;

GENERAL INVESTMENT NEWS.

Central loira,

—The following circular has been issued:

^
To tiieStockiiqj.ders
The board

yEvr YOKK, October 20, 1684.
of the Cestral low.i Railway Co.mi'anv:

of directors deem it for the interest of the cmnpany that
a special meetitiK of the stockholders should he held for the purpose of
taking action upon certain ipiestions in regard to which (liffereucoji of
opinion liave heretofore existed, and upon which they think it desir
al)le tliat

action should bo taken by the stockholders.

In order that

may l)e uuiti-d and harmonious action, the present board of directors liavo decided to tender their resignations, and a new board will be
elected at sueh mcetinj;.
Therefiir.s a special iueetin/i of the Rtoekholdors is hereby called, to
be liehl in ihe olHce of the company at Marshalltown, I.iwa, on the 29tli
day of i>ctnl>er, 1SS4, at 12 o'clock M., for the foUowin;: purposes, to wit:
The election iif a board of directors; also to vote upon the issue of consolidated bonds, secured by mortf-'at-o upon the property ot llie comJiany in Iowa and upon the line in Illinois controUed l)y this company,
and the ratith^ation or the mortRaije which hai nlreadj- bi'cn executed,
to secure siicli lumds; also the ratitication andeoullnuaiion of the action
of tho.ioint coininitleo of bondolders at their iiieetiu« held on the 7lh
day of .lune, l^!j2. in transCerriag to the stockholders the voting power
ot tho company, and of tlie several ameudmeuts to the .articles of Incoriioration of ihe company made on tho lOth day of November, 1S81.
and on tho 7th day of June, 1882; and also authorizing the board of
directors to guarantee tho bonds of the Kcithsburg Bridge Company,
and agree upon a tariff upon freight an I passengers to secure tlio payment of interest upon such bonds, and provide for the ultimate acquisition ot the bildgo by this company, without Inouiubranco.
Ihe transler books will close October 25 at 3 o'clock i: M , and reopen
November 5, ISBl, at 10 o'clock A. M. By order of the
boa-d of
directors.
Alfred Sully, President.
there

Ciiieinitnti Indianapolis St. Louis & CIiicng.>.—The comparative earnings, expenses and fixed charges for tlie month
of August, 1888 and 1884, were as follows, including transportation only, miscellaneous earnings being added every six

months:

-

Gross earnings
Operating cxpensea

_

,

Net

De<luct

llxe<l

charges

... Sumlus....
Addsurplus to July 31
Total surplus 2 mouths

A ttgutl.-

1?83.

1884.

$246,516
142,353

$244,116
143,917

$103,063
50.083

$18,199
30.000

$53,«S0
15,528

$18,199

$69,408

«

».£1!f"f?*F***
thte roal for AiWLst
1884,
as follovva

liii'liiilln); U'ffiil.

nil in!tiiriiiUH'(Ieaac(t
lit

:

:

THE CHKONICLE.

23, 18S4.J

:

:

'.;

1,958

$70,157

and improvements.
Philadelphia & Reading.— Tiie general statement by the
receivers of this company, who were appointe<l on June 2. 1884,

has finally been made pu'olic. It consists of four exhibits of
figures as follows: Statement A, general balance sheets on June
2 of the railroad company and coal and iron company; statement
B, the bonded debt and annual interest thereon of lx)th companies on June 3; statement C. the annual rent of leased lines
of railroads and canals and of guarantees on June 3: state-

ment D, a comparative statement of the current liabilities of
both companies as shown on June 3 by the balance sheet and
on September 30, together with the annual fixetl charges:
A. B.\T.ANCE Shkets June 3, 1881.— These are not materially
different from the general balance sheets of the last anuu^
report, and are too voluminous for reproduction here the
items of present interest, too, the fliftting debt, &c., are under
other heads as given below. The Philadelphia Press comments on this exhibit as follows
;

The railroad company's statement A ahowa a net loss tn the nperatlng
of lue railro.ad company from November 30, 18^3, to .Iuuo2, l>ii*, of
$2,322,282. tind tho coal and iron conipa'iy shows a loss for tlie same
time of $l,04y,702, a total loss of $.t.3n.l)71. It shows that the company holds ot stocks and bonds of other coiiipaules. not including the
coal and lion company. $19.9:50,301. The balane.-i sheet of the coiup.iny
for November 30, 13^3, gave this item us .Jils.i;i''.!>.iS. an iiic;. is., during this year, to June 2, of $1,322,566. fho rnt of
railways also shows that there has been «\ik'Ui!
^ent
fiscal year, up to June 2, for new eutines. rmJ est
Ao.,
$2.01v,970. Statement A of the coal and ifoii cuiup.iuy .-.liousthat
tliere h.-js been expended in lauds, collieries, real estate, *.•., $1,773, 198.
ahowl'itthe total additi'jn tJ cai4tal uceoiint during this vear, up to
June 2, to be $3,115,731.
.

B, Tub Bonded Debt June 2, 1884.— The totals of tended
debt are, of course, included in the balance sheet, and as to the
details in this table the Philadelphia Itirjuirer remarks:
Tho exhibit giving a st itement of the bond"d debt of the railroad
company shows very little eha'gefrom ilio boid^-d delit st tteini..it published In the a* niial report. The most Important item in the hmi imt of
1
m.iney Involved is tlie statement of car trust eertltl
In
a a
Marcii to tho amount of $1.1(10,0 O. Pro; criy sp"ak
172lien upon tho roail. The total bonded debt Is staled
542 lit, from which, however, is to bo deducted the amount oi n.inds
given out as col ateral, but not disposed of. 'The I'onds so pledged
aggregate $19,559,500. This amount is made up of $7,346,000 Income
:

-

THE CHRONICLE.

462
mortgage bonds, $121,000 convertible adjuetment

[

The Phitadclpliia

scrip, $4.78'i,.')00 of

5 per ceiit coii8olnl,-4ted niortg-i^e loan of 1882 «nd $7,1U>.000 of the second series of tlie Siima Toaa. TUis collateral is pledwd
for loans, and some of it. particularly of tue five per cent consolidated
mortKajje, ia lield by President Little of tbe New Jersey Central as
security for the ptiyment of the tljatiug debt of that eomp-ny. Tlie
names of the holders <if the collateral are not given. Subtracting the amount of b mds held as collateral from the total
leaves the bomfod debt of tbe railroad company on June U,
when the receivers took possession, $J4,613,04J 18. The total
annual interest charge on this sum is $5,475,590. Of this, h(tw-ver.
$128,139 10 is interest on bonds owned by the railroad company itself,
which is credited to its Income. A curious feature in ihe exhibit i<
the enty oppo ite the item '-deferred income bonds," whi<*h shows that
the amount of these obliKations outntandiug on June 2 was !S7,ti70
427 09. .-iLtthe date of the company's last report. November 3o, the
deferred income bor ds flsjured for only $7.65o,3i)8 94. It is plain,
therefore, that some peison or persons have inve.»trd $20,118 15 in this
peculiar bond, showinji; conclusively that Readini; has som* sanguine

<*

Raiding Coal

<£•

flrsr. eiericB

Flo.iiiug debt, secured
lateral

by

T^Hiie 3,
col-

1831.

Iron Company.

/Sci><.

30, 1881,

$1,628,556

$1,361,013

6V.3U

967, .i98
223, 8J8

449.317
52,230
7,027
37,515

$3,514,333

$1,908,005

and materials
Uupaid counous and interest ..
Unpaid wagas, materials, ifeo...
Due on ac'nt current businesj..
Lesx —
Receivers' obligations, account,
materials and supplies

7f,970

232,166

Net decrease

$2'j7.541

18S4
Current

197,993
24,740
95S',GG9

186,383

$1,636,327

2:2,166
$1,104,161
$6,461,528

Total net decrease for both companies
Current liabilities of the Philadelphia &
Reading Railroad CoinpanyunpaidSept. 30,

left.

divisional

$11,661,885
liabilities

Reading Coil
Sept, 30,1884

&

the Philadelphia &.
Iron Company unpaid

of

1,908,005

$13,569,891

$1,152,000 to $1,117,000,
Current liabilities of receivers issued on account of the companies, x>er authority of
United States Circuit C<mrt:
Ac -oiiut of the Philadelphia & Reading
Railr ad Company
$2,747,010
Accouut of the Philadelphia ic Reading
Coal& Iron Company
232,166

Annual Rental and Interest CHAKaES,—The sum-

C.

.

Decrease.

Notes payable account wa^^es

mortgage bonds of the coal acd iron company have
increased iu amount $2H'4.0U0 since November 30. This increase, however, is accounted for by the purchase of llie John H. Krause tract for
$3t)3, 000, and a reduction in the principal of some of the loans, Tbe
loans on other real estate and furnace company bonds aggregate
$932,988 08 The debenture loau of 1872 has been decreased from

The

mix.

Liubilitiex.

Account.

-

friends

you

mary

of the rentals is as follows:
(lea-id lines)
in addition to rent as 4bove(l'<83)
X.iability for interest separate from lease as
i.os« amount included iu rent (1883)

Amount of re-)t

$9,409,050

Taxes

155, d86

above. .$59,261
23,122

36,138

2,980,077
Total annual intere.'t on account of leased railroads and canals
$9,600,871
Annii.al iiit'esr, on ace. of other railroads as above. 217,676
Annual interest on accouur of onal and iron companies, ae above, othertlian P. i- R. R. C. & I. Co.101,505
Annual interest on account of P. & K. KR. C. & I. RR.
Co. bonds as above
1,239,071
919,890

Total current liabilitlea of the Philadelphia tfeReadinglt'?.
and the Puiladelphia &Readiug (Jual A (ron Coimiauies
due June 2. 1-(S4, retnaining unpaid Sapt. 30. 18SI ... $16 519.06?
Ibis includes the amount yet duo ou general moitgaeo coupons of
July, 18>-4.
NoTK-Th's statement shows the amount of tho Phil idolphia & Reading Railroad and tile Philadelpuia (fe R<'aditig Coil & ItMu coiup tuies*
current liabilirif 8 as of June 2, 18-44, which has been paid offer
liquidated to S pt. 30, 18-<4, but does not include the sunn due by the
receivers for current business for wages, materials, etc., nor to conU'-cting railroads, for which the receivers hva-^ sulH '.ieiit assets, nor
does It in lude the a"cruing interest on funded lo itis not p.ivablo until
suttsequent to June 2, 1884, uor balance of rentals due l:;ased lines
since that date.

Total annual rent nnd Interest on account of
leased railroads and lanals and of guaraulees..
$10,839,915
Less interest on guar, liabilities paid by debtors, as
above
232,466
Total annual liability on account of leased lailroads and chiimIs, and of guar.antees. inidiiding
$919,syo. intenst ou Philadelphia it Ruadiiig
Coal i& Iron Co's bds. (see stat< meut for details)
$10,607,4711
NOTE.-The above annual liability includes $275,823 51 inter-s on
stocUs and bonds owned by the P. ik R. R.R. Co., which heretofore ha.s
been credited to its iuiouie.
The summary of the annual fixed charges is as follows
Tne I'hiladetpliia rf Jieading Railroad Company.
Bent of leased roads and canals
$;>,600.874
Interest on bonded debt
5,47.i,.5ib
Interest on floating debt
654, (18
Interest on receivers' obligations
149,71 (>
Uability of guarantees
I,23y,(i71
.

Toledo Cincinnati

St. Lonis.— A bill has been filed to
Dayton and the Cincinnati divisions.

&

set aside the sale of the

—

AVabasli St. Lonis & Paciflc. At the meeting of general
mortgage bondholders, heM in Lontlou to hear the propasals
of Mr. Joy, the only action taken was the voting of the following resolution:

:

"That Mr. W. H. L. B irnett, Mr. Jo'm Bald (of Gla'gow), Mr. John
Morns, .Mr. Francis Paw, Mr. W. Trotlcr. Mr. Cln-ster, and Mr. R. Koband such of them as a<!Cei»t thw position are
appointed a cominittee to represt-nt the Etigltsh boidhilders. with a
view lo niodiftcations td' the terms proposed by the company, with power

erta are requested to act,

$l7,119,93;i

Less Interest on guarantees paid by debtors
8232.4 66
Less int. on Phil. & Il-ad. Coal <fe Iron C.i. bonds.. 919,890
Lets interest on stocks and bonds owned by the
company, hereiolore credited to income
503,962

tlie

at
1

656.318

$15,463,613

The Phila(lelphia.<e Reading Coal
Interest on bouded delit, &o
Interest on floating debt
luteroat on roeeiveiV obligations

<t

same.''

Iron Company.
.$1,009,644
102, 88

The proceedings then terminated.

—

.

9,286
1,121,119

annml fl.xed charges of both companies as of Septemlier 30, 18s4
$16,584,732
NOTE.-Tlie interest on floating debt of the Phil. & Read, road and
the Pail. & Read. Coal &. Iron companies is given at 7 per cent ner annum,
which is sulticient to cover all Interest, discount, commissions, &:.

Total

Floating Debt June 3 and Sept. 30.— This statement

D.

is

-very obscure, and to say the least very extraordinary, in not
giving the details which enable the receivers to figure a nominal decrease in floating debt in four months of $6, 461, .523.
The companies are known to be running largely behind their
annual charges, and the money to pay the July interest was

borrowed, so that the conclusion

is inevitable that if this large
decrease was made in floating debt, it must have been through
an increase in funded debt, or by a sale of assets, (sucli for i^nstance as the Central of New Jersey stock held by Mr. Vanderbilt).
The receivers' note to the table below is also difficult to
comprehend, stating that this excludes so many important
items of floating debt on Sept. 30. In fact, it is impossible to
get at the floating debt on Sept. 30, with any degree of accuracy, without knowing those items, and the total of $16,549,0(58,
as given, is evidently much lielow the actual floating liabilities!
The statement of the current liabilities on June 2, compared
with those of September 30, is as follows:

The Philadetphia

Reading Railroad Company.

d-

Liabilities.

'

Aeeminl.
Iloat. debt, secured

Nous
and

Due

by

'

payable account wa^es

forrent
li terest and dividends.
Uupaiil wages inau rial -.etc...
Due on ncc. current business...
Due connecting inilroace
State tax. on Krous receii'ts and
capital stock

480,780

2,171,704

1,021.748

1,149.<155

86l,'213

*5.i2,618

30M59S

103,827

504,815

IBOl'si"

11.'>S11

3-c" doT

•482,9',i2

51,123

43r7y8

539,934

461.181

75,753

$19,467,156

$11,661,885

$7,805,271

wages
ei-s' obiij.atiens, account,
materials and supplies

Net decrease.

96,362

1,995,640

Less
Keieivers' obligations, acoonnt,
Re<.ei\

583,143

and canals

Unpaid

—

^

June-Z. 1884. Sept. UO, l»84. De-rcaie
$.t,2o6,211
S3,u71 071

collat.$12, 327,782

matt- rials

leased railioads

make

all investigations, to enter provisionally into an agreem iUt for
r('C'>natnK-tionof thecompany, subject to conftrmation by aiu^jority
a g»-ueral meeting of bttudtiolders to be cat led by a Iverti^emont in tU»
public papers, with tiow.-r to add to th-ir Quuiber, to ft-c ih6:r own (quorum, to arrange with the Railway Share I rust Company, limited, for
the deposit of bonds and the Issiie of certificates in exchange for tho

to

$1,990 000
7,'>7,91C—

2,747,nifl

$5,057,300

In the matter of the petition of the receivers of the Wabash for permission of Court to pay the interest ou the Havana
Division bonds, the St. Louis (floi e-Deinocrot reporis that the
master's report was presented to Judge TrRit for confirmation,
but he refused to pass it. He said in consultation with the
o her Judges on the bench that they had resolved not to permit th' payment of interest on the bonds of any of the divisions of the system which were not self-sustaining. It did
not matter how important a factor that division might be to
the general sy^tem, it was not equitable or just that the
earnings of self-sustaining portions should be used to pay
interest on bonds of those portions not self-sustaining.
He had permitted the payment of interest on the
bonds, although that road did not earn
Eel
River
justify
he
would not again
it
but
suSicient to
permit such payments. On the representatior.s of the attorneys 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 tlie master
back for further information. In the event of the latter claim
being made good, he said he would permit the payment of the
;

interest.

The receivers of the Wabash filed a report of action under
orders of Court, by which they were directed to issue their
obligations as receivers in lieu of promissory notes, to the
amount of .$2:^3,333, due May 31, 1884, and §85,000 due June 4,
1884, and all other like promissory notes maturing before any
different order of Court should be made. Tlicse notes were
secured by the indorsement of Jay Gould, Russell Sage, Solon
Humphreys and Sidney Dillon, who consented to a continuance
of their indorsements on the now obligati'ina. This issue in
lieu of the promissory notes amounted to $'3,0'$G,C06.
At St. Louis. October 18, the receivers filed a petition, asking
leave to pay $112,000, the balance due on rolling stock purchased in 1879, all the other instalments having been paid up
chattel luortgage secur-s the payment, and unto July 1.
less tho court orders the receivers to pay, the coiit' acting parties will probably levy on all the equipment furnished under
the contract. Another petition asks permission to p.iy tlie interest on .$27.'), 000 first mortgage bonds on tlie part of the
Indianapolis Division of the Wabash Road extending from
Indianapolis to Peru, a distance of 74 miles. Tho semi-annual
amount due is $8,250. This line paid its operating expense*
and repairs, and earned enough to pay the above interest.

A

.

October

S."),

^hc

THE CHRONICLR

1884.J

d^aittittctrcial

FniDAY
absorbiog interest that

is

NiaiiT, Oct. 24, 1881.

and is a
The weather
and has been quite wintry in some

extends in an unusual degree to mercantile

circles,

great obstacle to the transaction of businesB.

has turned

much

cooler,

FRinAT. P. M.. Ortoberai. 1864.
tiik Crop, as indicated bv our t*«legra
from the South to-night, is given below. For the week endinr
this evening (<)c?t. 24 1, the total re<^eiptH have ri-acheil 285.112
balas, against 242, 2H9 bales last week, 205,.'ii:i bale* the previona
week and 108,721 bales three weeks HJnce; making the total
receipts since the 1st of Sopt*ml»er. 1884, l.l.5H,:t(!0 bcuee, agaiiut
1,223,980 bales for the same poriiKl of 18SS, abowing m
diacrease since September 1, 188'1, of C5,62(l bales.

Thb Movkmknt op

in the political canvass

felt

at—

Sceeipis

increase in volume; pickled shoulders 7@738C., bellies,

'8@9}4C- and
nal and beef

hams
hams

l^igCSlSJgC. Beef remains entirely nomiare quoted at $20 per bbl. Tallow has ruled
easier and closes quiet at 6p3@6 7-16c. Stearine has declined
to 8'4c. Butter has ruled firm and closes at 22® 33c. for

comparatively quiet at 8J^@133^c. for
creameries. Cheese
State factory. The following is a comparative summary of
aggregate exports from Nov. 1 to Oct. 18.

iron.

Sat.

The prolonged drought on the Atlantic Coast has Qulvcafon
been partially relieved by a heavy rain, but more is needed.
Iiiilliinola, &o.
There is a disposition to anticipate an improvement in manu- Now Orleans...
Molillo
factures and commerce early in November.
Florida
The speculation in lard futures has been fitful and uncer- Sitraiinah
wide
fluctuations,
prices
without
showing
finally
tain in tone,
Bninsw'k, Ac.
The close tliis afternoon was Cliarlestoii
little change from last Friday.
Pt. Hoyal, Ac.
firm at 7-49c. for Nov., 7 31c. for Dec, 7-40c. for Jan. and
Spot lard has been rather more active Wilmliij.'ton
7"'lCc. for February.
Moroli'd C.,Ao
and closes at 7'50c. for prime city, 7'70c. for prime Western and Norfolk
7'93@8c. for refined for the Continent. Pork has been rather
Wei-t Pdiut.io
more freely offered at easier prices, mess closing at $16 75. New York
There is no change in cutmeats, but the business has shown Boston
sections.

some

463

COTTON.

%uncs.

COMMERCIAL EPITOME.
The

,

1

'.

...

Wed.

Tiie*.

6,083 12.530
....

8.905

.--

Fri.

85,62S

BT3

578

5.044 18.793 11.607
1,817
1,044
1.113
2,307
8,540 7,722 8,093

81,074
10,593
2.307
50,019

...

7,965

Total.

a,38« ~3,714

....

8,170 19.253 17.407
1,961
2,527
2,13U
8,788

Thurt.

6,878

2,C'51

03S

638

5,582

40.313

.--.

.--.

..-,

7,200

9,501

5,958

0,200

....

....

....

72

78

959

1,701

1,051

812

827

1,351

6,704

....

....

516

S4S

6,055

6,533

6,623

4,197

5,721
19,543

34 050
19.543

50
153
126
326

,--.

4,921

5,873

21

15

432

190

90
747

321
142

38
233

38

52

....

....

32

Bnlt more

Philadolp'a, &c.

126
448

44145 61.724 285.112

Totals this week 38,578 60.755 43,933 35.977

For companflon,

53&
1,053

we give the following table showing the week's

total receipts, the total since Sept. 1, 1884, and the stock to-night
and the same items for the corresponding periods of last year.

is

Pork. Ibg

Bacon,

lbs

lATd, lbs
Total lbs

4.S.81I7.000

32!).(131,»51
213 li37,813

407,H37,134
274,520.002

Deo.
Dec.
Deo.

578,897,063

72P.2a4,13H

Dec. 149,367,073

9,779.(100
7H.30.5,28;!
61,2-<'2,1SI0

;

;

;

;

;

cases crop of 1883, Pennsylvania, at 9 to 15c.; 150 cases crop
of 1882, do., at
to 16c.; 232 cases crop of 1881, do., at 5 to

lie; 125 cases crop of 1883, New England, including Havana
seed, 12 to 34c.; 50 cases crop of 188J, State Havana, private
terms, and 100 cases sundries at 5 to 28c.; hIso 389 bales
80c. to $1 15,

lo

This
Week.

October 24.

1882-83.

1883-84.
36,027.400

Rio coffee has been declining, Fair on the spot closed at
large receipts at Rio de Janeiro have depressed options
lOo.
and considerable coffee has been sold for long account; prices
have fallen 35 to 45 points; October closed at 8'05@8 10c. November, 7 90@7-95c. December, 7-9o@8c. January, 8@8 Ooc;
February, 810(rt8-loo., and March, 8-15@8 20e. Tea has been
quiet and lower. Foreign fruits have been moderately active
at some decline for dried. Rice has sold moderately at unchanged prices. Molasses has been dull. Raw sugar has advanced, partly owing to a rise in London, and closed at 5 l-lfic,
(or fair refining there was at one time a fair trade, but for
some days past the market has been very dull; refined was
advancing early in the week, but latterly has been declining;
granulated closed at 6}4'c. and powdered at OJaC
In Kentucky tobacco the movement has been slow on the
spot, and the speculative fever has been low; lugs quoted 7@
Seed leaf has been weak, and the
8c.; leaf SJ^glO'^c.
week's trading has been limited to 1,157 cases, including 500

Havana, at

1884.

BeccipU

and 200

bales

Sumatra at $1 30

to

$1 85.

Naval stores have been almost a dead issue during the entire
week; legitimate trade is slow and speculation still more so.

Galveston
IndiauoIa,<&c
New Orleans...

Mobile
Florida

Savivnnah
Braiisw'k, &c
Cbarleston..
Pt.Uoyal, &c.
Wiliuiugton
M'lieadC.,<&c

Norfolk
West Polnt,&e

New Vork

10,351

257,930
4,162
186,281

Since S'p.
1, 1883.

333

198.423
6,691
305,626
57.652
5,805
247,489
2,310

29.931

298
81,984
10,723
1,330
42,838

1884.

188S.

53,500

96,857

147,631 218.699
7,152 17,033

82,459 101,278

29,014

175,6711

85,931

03,187

465

72

6,1C8

70
IS^OS

1,953

35,996
1,544
115,598
56,708
873
13,973

126
443

5,250

5«9

2,388
34.535
2,100
123,775
49,502
1,115

1,017

4,>.96

497
69

4 605

62,908 114.264
3 230
6,310
18,630 13,786
5.593
3,607

285,112 1,15J,3C0 2i2,845 1,223.986!

542 237 733.186

.'335

..

eliilikdoip'a,&o.

Total

173,504
0,233
243.562
45,253

This
Week.

5ri0

..

Bo.ston

Baltimore

35.626
573
81.074
10,592
2,307
50,013
638
40,312
72
6,701
646
34.050
19,543

Btoek.

18i<3.

Since Sep.
1, 1884.

63!»

500
34,2J3
12,890

27,636

44,352 45,301

1.881

In order that comparison may be made with other years,
give below the totals at leading ports for six seasons.
Iteceiptsat—

\

Galvesfii.&c.
New Oi leans.

Mobile

Savannah
Oliail'st'n.

&c

Wilm'ct'n.&c
.Vorfolk, &c..

AU others
Tot. this w'k.

1884.

1883.

1882.

18S1.

36.199
81,074
10.592
50,013
40.3 i4
7,250
63,593
0,007

30,229
81,»8l
10,723

47,179
4,715

51,7.«,0

235,112

252. SIS

42,S3-<

28.50J
6,6(;8

|

31,8.^.3

17.730,

58,551
15,829
44.302
25,012
5.122
9,28»

51,306
9,762
35.551
35.601
7,402
40,103
12,992

241.73'J

210.5S7

1880.

we

1879.

23,760
64,726
16,505
44.877
33,112
10,130
43.759

26,367
69,076
15.755
40,706
30,827
8.^91

12,601

39.6S4
14,657

254 830

215,613

Since I'ept. 1. P58 sr.0. 1221.986 1I67.04<|119^.761'13P0 296 1 222,135
Unlvi-ston includes tndliiiiola ; Cbarleston inc!adeH Port Royal, &&;
Wilniingtou hiclu<les Morcliead City, itc;.; Norfolk Includes West I'oint.Ao.

The exports for the week ending this evening reach a total
and yet spirits turpentine closes quite steady at 30)^@ 31c., of 15t'),G6T bales, of which 83,843 were to Great Britain, 10,115
to France and 50,709 to the rest of the Continent, wliile the
and strained to good strained rosins at$I 25@|1 30. Refined ^tock8 as made up tliia evening are now 512,2;m txUes. Below
petroleum is firmer, and exporters are bidding 7/8^. for 70 are tlie exports for the week and since September I, 1884.
Abel test quite freely.
Crude certificates have recovered
Fnm iepl. 1884. to Oct. 21. 188*.
Week £ndi'n<? Oct. 24
somewhat from the sharp decline early in the week, and
K rpfirted to Exporitil to—
Exports
Contito-lRght were advanced to 78Mc. from 72g., closing at TOJg®
Conti. Infill
Omt
from —
'*"'
flrttnhi.
In metals, wool, hops and oils nothing particular can
77c.
1.

I

I

be

said, the

prolonged inactivity

still

remaining as the striking

feature.

The week in ocean freights has been a moderately active one.
At the close a good demand prevailed for berth rcom via the
regular steamert<, and Od. was paid for 24,000 bushels grain to
Antwerp. Engagements of oats to London were made to a
moderate extent at 2s. 7>^d.(g23. 9d. per qr. Liverpool wheat.
3J^d. Grain lienco lo Cette, Nice or Marseille.?, 4,000 qrs. at
4s. 7i^d.; refined petroleum hence to Liverpool, 10,000 bbls. at
23. 7d.; cases to China and Japan, 32}^c.; cases to Vigo for
orders, 17:''.,''c.; cotton quiet, closing at 26s, per ton bid from
Norfolk to Liverpool.

(Jalveston...

l!),noj|

New

13,7(16

Orloans..

23B55

as.a4i|

1(1,000

44.7H!

«8.tt7S;

16.000

81,008

43,010

3S.3C0

7,036, 14.(103

aa.:iJ8

M,03S

4,ni9

U.OIS

O.Too

...

31,040

so.jai

~9,0(1«
ll^9T4

Mobile
Florida.

Savannah

1^008

.

C'l»arle?lon*...

fl,37a

8.I1S

WUmiiiKton...
.Vorrolkt....

Now

e.i.'ia

York.,

13.1S8

2,100

8,030

0.132
S4.IMS

Boston

a.sii

to!

3Ji77i

Balttni'tre

3.nn,

8.t50!

B,7«7

1,400

3.0JII.

...

.

1.020

l'hlladi!lp'it,&o

t*.\H

»,SS8

*.wa
1-

I.;

80.400
eo,3B7
2.115
«S.1»I

14I.0M

IS3

lli,ST»

«.W«
i.ej9

3I,0«7
14,»4S

«9,«0t

rti.s4s

684 ,3m

88,11)0',

l«8,l<8

WCIlt

.

I

88.843
83.843

Total.

10.116'
16.116 56,709 lM,9a7|

847.3(9

I

I

O.nm BT.HOI 130.3'^
• lUL'lud'j.H e.xpttrw, from Port Koyal, Ae.
from
West Point,
t Includes export*

Tnfnl isaa...

45.T^a

«07.7»

„

f

:

THE CHRONICLK

4fi4

In addition to above exports, our telegram B to-night also give
ns the following amounts of cotton on shipboard, not cleared,
New York,
at the poi-ts named. We add similar figures for
which are prepared for our special use by Messrs. Carey, Yale

& Laml>ert.

AT—

The Sales and Prices of Futures are shown by the following comprehensive table. In the statement wiU be found the
daily market, the prices of sales for each month each day, and
the closing bids, in addition to the daily and total sales.

not cleared- for

Leavin
Coast-

Other

Or eat

France. Foreign
Britain.

85,793
7,152
58,784
59.059
30,901
10,130
53,818

1,800

None.
None.

61,633
None.
27,150
23,400
22,599
34.222
9,150
8,800

47,875

15,097

187,154

335,083

74,012
15.7d3

18.185
12.321

193,711
164.942

529 475
354 364

775

18,075
None.
13,300
10,900

100
860

3,171
1,551

300

2,«50

None.

Total 1884. 109,659

11,523

To1allS83

72,515

28,S9.)

|

Total 1882

78,4.i3

28.425

I

1P,3'J8

31,821
6,030
7,000

Slock.

Total.

uisc.

9.373
None.
4,850
None.
None.
None.

33.610
Kone.
4,200
7,700

NewOrlean.s
Mobile
Charleston
Savamiali
Galveston
Norfolk
Now yolk
Other ports

None.
4.800
4,800

>4%

4<>,44l

for cotton for future delivery has 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
was a 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
were not sustained at the close, and on Monday there was a
decided decline in sympathy with an easy closing at Liverpool, and indications that a much freer movement of the crop
had set in. Tuesday closed slightly lower for tlie more remote
deliveries, and on Wednesday the decline, tliough not marked,
was general. General rains at the Soutli have put an end to
the prolonged drought, but much more ra in is needed to swell

the miU streams and navigable rivers. O n Thuisday the market was further depressed. The receipts were large, but Liverpool reported a partial recovery. To- day a slightly firm er
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(3.11 points. A feature of the movement is the large export to France and the Continent. Cotton
on the spot has been dull throughout the week. There was
only a limited demand fer home consumption. Quotations
To-day the market was
were reduced l-16c. on Tuesday.
very quiet at a further decline of JgC, middling uplands

•^^cS" "Co:'

a.o?

»
003 "I
19.-:
<yiiT.

-]

«•*>

c»

c^S

OOo®
-j-qO^
CO'

o»

UPLAND.S.

Oct. IS to
Oct. i24.

Ordiu'y.^Ib
Strict Old..
Good Ord..

G'd Ord
liOwMiidj;
Str.

Good Mid

.

Taes

ITIon

Sat.

1

711,,

7»8

8i«

fci,^

8i5ie
95,«
99,6

8 '8

9%

9i5ie
IQis

91a

10%

0RLEAN,8.

Sat.

TfXon

Tues

Sat.

715,6
S38

7 '8
g?l«

716,

715l8
838
93i„
99,8
913.6

9M
95»
91^16

NEW

to
OP

1

os-ga.

Oi

„.,
S--'

^1

M

91",, 10
9''8

101,8

G'd Mid
106,fl IOI4
Midd'g Fair lOitif 101 1 16 1058
Str.

Fair

115,

Ilk,

1114

119l«

-Wed Th. FrI.

jxTca

mon Tnos

838

9%
9%

7i6„

7-'8

838
93,6

86 6

99|<!

9%
0%

9*1
^913,. 91'i„ U3i
si6,a
10
915,6
103,8 10%
103,8 103,6 10%
1038
1038
106,6 1038
105,8
10»,8 10%
109j8 109,8 io4
1015,6 lO's
101^,f 1016,6 10T8
11918 11%
119,i 11»1« 11%

9^.K.

TU.

Frl.

Wed

Th.

Frl,

7»8
81,8

7»8
81,8

8''8

G'd Ord 914
Low Midd'g 91a

914
91a

Str.

Str.L'w Mid

9'iie

MiddUng...

9''8

Good Mid..

lOiia

G'd Mid lOH
Midd'g Fair 1008
Str.

#air

III4

9 ''8
10118
1014
10»8
1114

71a

I^
919
938

^>
9%

7^8

7%

9%
91a
9%

9%
91a
9%

916,6

916,6

7 'a
86,8

10%

916,8 106,8

lOig
101a

11%

STAINED.

10%

7''8

83,8

7'e
86,6

938
9»8

9%
9%
9%

9%
9%
9%

iS'^- 10%'

rh
OS

106,6

105,6

10%

105,6

{S'3j»

ICs

10%

10%

lO's

lO'^S

10'8

Ilia

11%

10%
1138

Sat.

mon Tucs

11% 11%
ired Th.

*lb.

Low Middlii3g

7B18
813,8
97,»

Middling...

MARKET AND

75,6

714

7%

7%

c;2

cs
o<

938

939

9%

Quit^t

Mon

and steady

Weak
.» vnii

.........
l,« dec

.

187
235
286
322

:&
^-

Tues. Steady at

Wed. Weak
Th>ir3

Weak

Fri.

Q't ital'y,

.

Total.

...

100
100

487
378

%dec.
.

1,8931

200

a O"
<.-.:>

*

COK,^'^

^i -1

©a:

e;

M *^

«.-j:

1

^

-»

5;

tS'JS

S

WOirs"

>

s.o:

»

CCCoOi

WH w

K

««.==:

a-i:

1

•=

^

1)
coo=o

toooo §

xOci

^

cii

O-OO

oo^o
MbO

rf*

00 5 00 4
ffito
2 too — 2 60 2
tJM^I
iMO
cx,--<

00

5

M
^

®.":

1

CO.)

,,-

totocr

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1138

!»

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Il-4ll-4ll'4ll'<tll'<ll'^
!»•

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1

«:

7%

i

1

1:

1

«:

1

li

:

1

«:

1

1:

:

1

g>:

1

1:

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M
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1

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t

1

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"
c

J

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1

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1

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1

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,

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1

Includes sales in September, 1884, for September, 158,200.
fSF" We have Included in the above table, and sball continue each
Rire, tbe averaee price of futures each day for each month. It
will be found under eacn day following the abbreviation " Aver." The
average for each month for the week in also given at bottom of table.
Transferable Orders— Saturday, i9-90c.: Monday. 9-8CC.; Tue8d«f>
K-yOo.; Wednesday, 9-80c.; Thursday, 9-75c.; Friday, 970o.
'

week to

Sales.

72,600
63.700
63,900
73,700
94,700
79,600

800 2,893 448,200

Tije daily diiliverie* given alxive are aotuatly
pravious to tbat on whioh they are reported.

&o:

I

1

c5gS
ci^oo
OU 00
.-rb.
00
5

i

987
235
386
422
487
376

CCOD^^

c=oS-^

».

1

.

800

CO

CO ^

.

SALES OF SPOT AND TBAN9IT.

Sat..

1

h-

00,**

,^>^
d
a
g
2
XX 2
0D» "
1" ftic;
«ioo:
eoo:
*m:
aw:
Sw;
I'gjcocS ooco oooo coo=> coSo oo§o
oK-ijCij (jiiCii lowOcc cicioci citiOw jl*.o,i
01
CD^ O *^» en c:B -j uw >lo-l ^^
-1-'
•-I-'
->-iI-"Mt00 ;> 99 < 99 < 99 t>
i
<
<
99
99
tnin
*-p.
2

SALES.

Ex- Con- Spee- Trail- „ , ,
lot'"port, 'tumplul'fn tit.

if

1

05

,

The total sales and future deliveries each day during the
week are indicated in the following statement. For the convenience of the reader we also add a column which shows at a
glance how the market closed on same days.
SPOT HARKKT
CLOSKD,

CDCDc'-C

1

9<^:

1

OOM

CD

c--o§o

1

00 ^
3
66
Qlw.,--"

OCO

OOqO

(XQD

:

1

1

9u:

9K>;

1

t^-x

toxi

:

1

MX^'^
»»:

;coo==

W'\ ii"
9-',«

"^

5-

.

Good Ordinary ..
Strict Good Ordina

•^x

WJK

M

(CcdOx
1

<
2

5?

»•.
M-l

<J

JO

c:

O-J

e>o:

ob

"^

<.-..

'j-JO*

1

00

2

» 5

MH
05 05

o.-i

».*-•

^^^•^

ts

5
^

*l-jO<|

eC-tO

=S

T)

83,6

10%

2
^

cr;

1

>

•a."

Oi

Kit'-''

OH

7%

938
958
915,f ^013,6

5^

<)<,
ODOJ

tCOo»

-4

Ordln'y »»>
Strict Ord..
Good Ord..

a>®

2
"

to-

It 01

">

2

0)0

tfi

5'

:

1

'JJtO

S).-i:

co:<

ffiO

etc

:

l**H

To®

t=MCT.!P
•

r^-io?

Hi

ss.t^g

CmViO

at.-:
9
s
»
otoSo co»o® tC!00» tcoc« 1
-icbOob obcxjOob
^l-^O-j
00 © <I

$

1

cw J

a.-i:

C8«^

-j.jO<i

tc-ago

5

1

HH
wen

1

t;

ifciD^"^

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1

fcC5o:o

00

ts«

^
2

»|
H
10

tt>ce

to

do

5 8WS&M-<cos 905"

00

0^

1

-s

s

M

TEXAS.

|

1
«<i:

CSQO

total sales for

—

tJ

Oo-

•

=

05
0^

10

closing at O^^c.

forward delivery for the week are 448,300
For immediate delivery the total sales foot up this week
bales.
for export, t,893 for consumption,
3,893 bales, including
SCO for speculation and 800 in transit. Of the above, 200 bales
were to arrive. The follojving are the official quotations for
each day of the past week

g.8M2.

2 !;e:C

s

05"1

tt 0:

^9to5'

OD
to

The market

Str.L'w Mid
Middline...

XXXIX.

[Vol.

89 Broad Street.

On Shipboard,
Oct. 21,

The

:

delivered

Deliveries.

200
100

400
200

903

the day

The following exchanges have been made during the weeks
13 pd. to exoh. 100 April for May. 10 pd. to exoh. 1.000 Dec. for Jan.
13 pd. to exch. 1.200 Nov. for Jan.
pd. to exch. 400 Dec. for May.
pd. to exoh. 1 ,30i) Nov. for Dec.
m\. to exoh. 1,000 Ajir. for May
pd. to exoh. 1,000 Nov. for Den.

•65
•01
•14
•03
•52
•42

pd. to excli. 300 Doc. for April,
pd. to exoh. 300 Jan. for April.

•17 pd. to exch. lOJ Oct. s. n. 25th
for Jan.
•10 pd. to exch. 200 Dec. for Jan.
•13 pd. to exch. 200 Feb. for Mar.
•10 pd. to exoh. I'JO Jan. for April.
•10 pd. to exch. 200 Deo. for Jan,
•09 pd. to exoh. 200 Nov. for Jan.

3

OcTOB«s

THE CHRONICLE.

»8, lte4.J

The Visible Sopplt oir Cotton tonight, m made up by eable
»s follows. The Continental atooks, as well aa
thoBe for Great nntiiin and the afloat, are this week's retnma,
and conse<iUcntly all tho European fl(?ure9 are brought down
But to make the totals the complete
to Thuniday evening.
figures for to-niglit (Oct. 24), we add the item of exports from
the United States, iiicluamg in it the exports of Friday only.

and telegraph,

ta

Btofk at I-lvprnool
Stock lit Loudon

hal6i.

18S4.

1893.

1883.

170.000
64,000

470,000
43,000

449.000
78.200

Totnir.ivnt BiltalUBtook.
llamliiirB

Stock
Btoik

lit

Urt'iii.'ii

lit

Ani...t.nlaiu

Btoikiit Kotlcriliuu
Btofk nt Aiitwi'ip
Bt.Hkat Hivvrc
Btoi k at Mi«r»tlllo»
Btoik lit Bail clouB
Btoi'k at Qeuon

534,000
4,000
39.000
36,000
800
1,700

513,000
2,600
35,300
32,000

15!i,000

573,200
13,000
38,500
16,600

>5.000

96,000
7.000
35,000
7,000
10,000

282,500

231,SOO

196,700

282,300

6,000
23,000
9.000

Stock MTriesto
Total Continental stocks
Total European stocks
Inrtia cotton allnat for Kiinipo.
Amcr'n cott'n afloat forKiir po
Ejryiit.liniiil.Acallt foi- K'i'i>6

Stock In United States ports ..
Stock in U. 8. interior fowns..
United States exports tn-day..

744,500
105,000
282,000
39,000
723, 1 HC
195,723
27.030

816,500
60,000
JOS.OOO
23.000
542,237
112,110
22,000

719,900
128.000
316,000
14,000
519,306
117,912
23.400

1,360
2.300

134,000
4,300
56,800
10,000
5,500

towns

QlOTATlOS.I Foil MlDOI-INU (%>TTON AT OTIIKR IrtARKETA.—
In the table Iwlow we give tho cloHing i|iu>tiitio.ja of middling
oottou at Southern and other principal cutt,^ marketo for Mob
day of the past week.
Week-

Iwles

Amerlcanufloat for Europe...
United States stock
United States interior stocks..
United States exports to-day..
Total American
Ea»i Indian. BrazU, <te.Uverpool stock

253.000
128.000
282,000
723,180
195,723
27,000

252.000
121,000
298.000
542.237
112.119
22,00 J

IBl.OOO
78.000
316,000
519,306
117,912
23,400

OalveMon

New

217,000
43.000
103.500
105,000
39,000

218,000
64,0Q0
161.500
60,000
23,000

Continental stocks
India afloat for i?urone

Egypt, Brazil, ic, afloat

&0

8»vuiuin1i

287,000
75.200
118.700
128.000
14,000

416,000
128,000
253,000
641,270
218,150
16.1C0

117,000
40,200
]54.3tl0

102,000
25,000

1,373.856 2,116,409 1,838.318 2,111.080

6%d.

6d.

57, „d.

into Continental ports this

67j(d,

week have been

The above figures indicate a decrease in the cotton in sight
to-night of 242,5.53 bales as compared with the same date of
1883, an increase of 3.3,338 bales as compared with the corresponding date of 1882 and a decrease of 240,334 bales as
1883.

At the Interior Towns the movement—

^that is the receipts
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.

week and

—

>

=2.3 5 a

B«

r:

HP:

a

B C
5 ?==

F

o

-'

4

OP
P:

..

:

i

:

^3^ JO

^^-'^

Ci Is, )- CS

« M CO

00

I

Si"?:

5''-tfi'3taa^-»lC_M«*

M

»-'^COtfkOC)^^i—

to

O-

'1

00

-^

^

*-p_— M HJ_*i. o'jo ::i^

t^.

o; *^

I

0-"

Norfolk
IlOMtOIl

O's

H»s

9<>i«

Moiiinlils

0»fl

Louis

loV

10%
0»8

lOls

10>i
913,8

013lo

Augusta

0^
0^

0»1<1

lOlfl

ItHltliuoro
Phlliidclpbla.

!>»l«

9!%»'lS

lo'e

9>»\

10«8
oii.a'8

Ois
9«a

OH

Id's

9i,.«>e

97i«
OH,

93a

9=8

OH,
938

53»
»»i«
»»!«
„," « .
9iwi«'t

S"*
9

0»H
97|«

S'"
10
•

10»»
9«»

,S3?
10%

lO-Jg

9

s'ssg

9%

Cinoinuati...
Itonlnvllln

RE(;EiPTg

9>s
9»s
9«ll«»9

9^)

Slf

0%

9Sb
»>«

{.';«

gij*",

ffaain

_»•;

t^

1

PROM THE P1.ANTATI0NS. —The following

table

b

RECEIPTS FBOH PLANTATIONS.
Week

Iteeetpti at the Partt.

\SVkat Interior Tbumn. Bec'pttfrnm

PI'tiU'ns.

Eliding—
1SS2.

Aug.

8....

16..

.

"

83....

•

29...

Sept. 3 ...
"
12....
•'

"

I

4,811

1883.

I

9.706'

18S4.

1884.

I

2.263, 21,993

1833

I

ISii.

18S2.

I

1893.

1

1884.

53.206

20,433
1,438'
5,n26{
10.303
2,803 165.35| t2,0:6, 8,300
1.788!
831
9.115]
12,853 11,305
2.965] 14.327 50.526' 16.599 10.144
9.878
1.088
21,03i 22,971
4,914 15.520 60.309 10.312 81.231: 22,754
4.657
28.«S8 33,30ij 10,337 10.519' 53.571 16.804 29.631' 37.728' :e.S50
4fl,5I2| BJ,318 42.021 19,1 15| 58,9,Sa 20.427 53.108 00.7ail 46,187
77.223| 96.819] 80,73? 29,935] 73.179 24,317 88,093 llS.OOal 84.637
130.479 125 032 118.463 46,8 J8 lOS.TJSJ 38,155 153,116 15\63l'l30.801
179,883' 163,461 168,721 T6.863'l37,53o! 49,407 210.123 197.2I» 183.06*
206,130 228,897 203.313 95.075
63.108 224.940 236.370 233.924
161.915J
242.329 2o7,276|242,239] 123,039 aO2,»:0 92,634 271.693 295.:t il 366.8«
211,738 2i2.St3 285,113 1 39.317!23H.93a!l29.511^^ 010 S8i»,St!l 321 ,9<W
«,356

i

i

la....

20....

Oct. 3...
"
10
••

17....

"

24....

The above statement shows—-1. That the total receipt.3 from
the plantations since September 1, 1834, were 1,370,656 bales;
in 1883 were 1,411,816 bales; in 1883 were 1,339,87.5 bales.
3.— That, although the receipts at the oulparts the past week
were 383,113 bales, the actual movement from plantations was
321,969 bales, the balance going to increase the stock at
the interior towns. Last year the receipts from the plantations
for the samo week were 383,881 bales and for 1883 th^y were
356,016 K-iles.
'Amount op Cotton in Sight Oct. 34.— In the table below
receipts from iplantations in another form, and add
to them the net overlanti movement to Oct. 1, and also the
takings by Southern spinners to the same date, so as to give

we give the

amount

of cotton

now

1684.

in sight.

1S83.

1882.

1831.

(Ti

Tot. receipts from p!ant.Vtns 1,270,656 1,411.818 1,289,875 1.404,868
Net ovcrlaiia to October 1
12,39
10.235
17.630
30.896
Southern cousunipt'n to Oct. Ij
28,OCO
30.000
28.000
20,000

Total in sight October 24. .. . 1.311.017;1, 461,051 1;335,555 1.455,76*

MM

CtJCW ."^i-S^ W M
X W 3S * CO 'O
CIO "-J V-'ioic — y* Oj c b" 10 V - *- ^ X

UD ci

*If
X 0«
M CC
=;
W a O to

1

»z-

ccwc;c:coi^^xatxg:M3Jow^i''(oo

Nortliern sidnuer!)' taklni^ to

October 24

1

205.012'

218.555
____^

269,335

^,700

»0 1- to h*

It will be seen by tho above that the decrcnse in amount in Ki»cht
to-alKht, as compared with last yciir. is 1.50.001 baloK, the dccrcato as
compared with 1882 is 24,503 bales, and with 1881, 144,717 bales.

^;^*o —

Weather Reports by Telegraph.—There has been a
further drop in the temperature at the South during tha week,
and from portions of Arkansas, Tennessee and northern parts
of Georgia and South Carolina we have reports of killing

to

o*

;

ojb*«c;tcc"io*.

"to

\

•-

-g
lo

a cc oi — — -J

xwioasoccso

tc'ccoMM'^bVioic w'-i^ — to*— bV

w
^ tv *. 40 M O; JO X M C OC M r- ^ U W CO

ro»MOytow-ii'»cr<io*'aro«tD'^OC'-'
03 to

frost.

M *HO*.iCCOC»
10 to
» y* *- woo i; iP-^CJi
to ro*. c: ojx oopoo to
bb^^i'—a»xbbaoto— bb— b^wct
o&cc*>j;;>aDto*^&<iCD&ootcutsC}<cuxoD~>
A C; C3 Oa<s| i^lOQDUO*^00:->4<-'-^cOCO«>

Cnaj

— -ICH-^O

CO

o X
i

to

a MM,-,

to

'-ooVb^*-*-

*4
O'

b

*- X — ro «
M u :;ito
coooccnOMM

a

»-J3:

—We

bcobi^i^'-^jVoobwwMMw' bbblo
XOKr'XtO^UO^OVCil^COUl O^^JO
:fc'-'M

r-*M

—

Galveston, Texas. It has rained on one day of the week,
the rainfall reaching two hundredths of an inch. Picking progresses finely. The thermometer has averaged 77, ranging
from 60 to 84.
have had rain on two days of the
Indianola, Texa ?.
week, the rainfall reaching one inch and six hundredths.

W^-'tOO;-"-'

Ob

9H
»"«
0\

94
tli,„
OH^'u
»>i«
»>

Frt.

I

o -^ ^-co ^ Qo ^ w O 03 p-i- ^ w o eo — :c M

u

&j

p
b
z^

'-a

Oht
9<«

§3

loo'' OOac«0'0)Ul0'£O'i*3V*y2«3;i.

^Xo

Ot
«^
9%

»'ii

o»—

Kevolpts at tlio ports t j Oct. 24 1.158,3tiO 1,223 9^6 1,167,043 1.198,761
Interior stocks on Oct. 24 iu
excess of September 1
112,206 187.830
122,832] 206,107
pc.t-'i^.jo.*^*^

c.

«H

0»B
B»i«

substantially the
CO

Thuri.

prepared for tl»e puri)09e of indicating the actual movem.3nt each
week from the plantations. Receipts at the outports are sometimas misleading, as they are made up more largely one year
than another at the expense of tho interior stocks. We reach,
therefore, a safer conclusion through a comparative statement
like the following.
In reply to frequent inquiries we will add
that these figures, of course, do not include overland reoeipta
or Southern consumption; they are simply a statement of the
weekly movement from the plantations of that part of the crop
which finally reaches the market through the outportn.

16,1U0

31.000 bales.

»

.

WilllllllKtoll

Wfdnei.

"is

0'«
n»?

.

.

rbiiilc3t<in

Tues.

9>s
9><i«
9'l8

OrlcaiiD.

corrojf

ifm.

'

218,1.50

507.500
622.600 438.560
526.500
1,347,350 1,608,909 1,215,618 l,67o,&20

Total visible snpply
Price Mid. Upl., Liverpool

for the

...

Mobile

'•

1^" The imports

aatur,

1,347,356 1.608,909 1,215,618 1,675,520

lionrton stock

Total East India,
Total American

CI/)8I!C0 <)U0TAnOl(ll foil MiDiii.tt'i

eiuiinff

St.

Ot the above, tlie totals of American and ctlier descriptions are as follows:
^ menean —
Uverpool stock
C»ntinental stocks

more than th« Mune

Inat year,

855,560
102,000
253,000
25,000
641.270

1,873,856 2,116,409 1,838.518 2,114.030

Total Tlslblo snpply

bftlea

and rinoe September 1 th« rocdpto at all th^
are 171,003 baU>s lest than for tho samo time in 1883,

week

18H1.

531,000
40,200

523,200
3,500
29,500
6,700
1,300
l.OOO
111,000
2,300
27,000
9.700
4,700

1,500
5,100

466

the same towns haTe been 18,488

Octoler 21.

Btmkat

compared with

1

..

I

»-0 0' — T»r-iCC0XO ffi-i'Datoascc-vii
QD — C y CJ. a ic
*- CO O X (D O to a X W

?

Picking makes good progress.
from 63 to 85, averaging 77.

—

The thermometer has ranged

Palestine, Texas. There has been rain on one day, with
a rainfall of twenty hundredtlis of_an inch. Satisfactory progThe above totals show that the old interior stocks have
increased during the week 3.'5,111 bales, and are to-night 83.004 ress has been made in picking. Average thermometer 69,
bales less than at the same period last year
Th? receipts at highest 84 and lowest 46.

l«

,

g.:

Cr-OlJ-tO-^-ICCClODMO^^^MOajMl

THE CHRONICLE.

466

fVoL.

XXXIX.

—

Aiigusfa, Georgia. The weather has been cool and pleasant
during the week, with one light rain, the rainfall reaching
There was a killing frost
twelve hundredths of an inch.
Thursday night, with a slight formation of ice at some points
hO.
Picking
goes
on
nicely
and the crop is being
in this section.
and the lowest
Luling, Texas.— l!io rain during the week. Picking is mak- marketed freely. The thermometer has averaged 67, the highest being 81 and the lowest 49.
ing good progress. The thermometer has averaged 76, ranging
Atlanta, Georgia. We have had rain on one day of the
from 63 to 89.
week, the rainfall reaching sixty-one hundredths of an inchof
the
Breiiham. Texas. It has been showery on one day
The thermometer has averaged 62'7, ranging from -14 to 78.
week, the rainfall reacliing seventy-two hundredths of an inch. We had frost and ice this (Friday) morning, but not generally
averaging
80.
from
50
to
87,
The thermometer has ranged
destructive, the minimum temperature being 33.
Belton, Texas.—We have had no rain all the week. Picking
Charleston, South Carolina. It has raintd on two days of
highest
87,
thermometer
Average
68,
is progressing finely.
the week, the rainfall reaching eight-hunrtredths of an inch..
.')2.
lowest
The thermometer has ranged from 56 to 79, averaging 89.
Weatherford, Texas. There has been one fine but insuffiColumbia, South Carolina. Telegram not received.
inch.
reaching
one
rainfall
week,
the
the
during
shower
cient
Stateburg, South Carolina. We have had no rain all the
being
and
highest
87
the
averaged
63,
has
thermometer
The
week. Days have been warm, but the nights cold. Nearly all
the lowest 39.
of the crop has now been secured. The thermometer has
Dallas, Texas. We have had rain on one day of the week, averaged 66. ranging from 54 to 77.
the rainfall reaching fifteen hundredths of an inch. Picking
It has rained on one day of the
Wilso7i, North Carolina.
makes good headway. The thermometer has averaged 63, week, the rainfall reaching forty-three hundrt dths of an inch.
42 to 88.
ranging frc
Average therms meter 64, highest 78, lowest 48.
Columh'a, l'e:tas.—Vi'e have had light showers on two days
The following statement we have also received by telegraph,,
of the week, the rainfall reaching nineteen hundredths of an showing the height of the rivers at the points named at 3 o'clock
inch. Picking makes good progress. The thermometer has October 23, 1884, and October 23, 1883.
ranged from 60 to S6, averaging 73.
Oct. 23. '84.
Oct. 25, '83.
New Oi leans, 1 oiiisiana. It lias rained on three days of
the week, the rainfall reaching one inch and twenty-seven
Feet. hich.
Feet. Inch.
hundredths. The thermometer has averaged 73.
Below high-water mark 11
1
12
S^w Orleans
5
Shrev pert, Louisiana. Telegram not received.
Above low-water mark. 11
4
Uemphls
6
4
low-water
mark.
1
been
cold
and
Nashville
Above
a
6
The
weather
has
Vickshury, ilississippi.
Above low-water mark.
8
7
dry all the week, the thermometer rangingfrom 48 to 86. The Blireveport
yii'liHtmrK
11
\bov6 low-water mark. l.'j

HunUville, Texas.— ^e have had showers on four days of

the week, the rainfall reaching sixty-five hundredths of an
inch. The thermometer has averaged 73, the highest being 87

—

—

—

—

—
—

—

—

m

—

—
—

river

is

2

9

stationary.

—

New Orleans reported below high-water mark of 1871 until
Mississippi The days have been warm and
the nights cold during the week with no rain. Picking makes Sept. 9, 1874, when the zero of gauge was changed to highgood progress and cotton is being marketed freely. The ther- water mark of April 15 and 16, 1874, which is 6-lOths of a foot
above 1871, or 16 feet above low-water mark at that point.
mometer has averaged 72, ranging from 57 to 80.
Ctlumh^ts, Mississippi. It has rained on one day of the
We have
India Cotton Movemen'^ from all Ports.
week, the rainfall reaching nine hundredths of an ittch. We re-arranged our India service so as to make our reports more
have had frost this week, but not killing frost.
same
time
more
accurate.
We
found
and
at
the
had
detailed
Little llock, ylrita?j«««.— Excepting Wednesday, when we it impossible to keep out of our figures, as cabled to us for the
had a sliglit rain, the weather has been clear and pleasant, ports other than Bombay, cargoes which proved only to be
with a light frost last night (first of the season). The rainfall shipments from one India port to another. The plan now
reached four hundredths of an inch. Cotton is moving freely followed relieves us from the danger of this inaccuracy and
and yielding better than expected. Average thermometer 01, keeps the totals correct. We first give the Bombay statement
highest 78, lowest 37.
for the week and year, bringing the figures down to Oct. 23.
fort Smith, Arkansas. It has rained on one day of the
BO»lB.»r RECBIPTS AND SHIPKENTS FOR FOOU TEARS.
week, the ranifall reaching sixty-five hundredths of an inch.
thxt week.
Receipti.
Shipmentt
Shipmenl' since Jan. 1.
We had a light frost on Thursday morning. Cotton is coming
in freely. The thermometer has ranged from 40 to 80.
TMt
Sir.M
Great
OonliTotal.
Total. Britain] nent.
Week.
Jan.l.
Helena, Arkansas. We have had rain on one day, and the
tlie
week
has
been
of
pleasant.
The
rainfall
reached
remainder
2.000 501,000 632.000 1,133,000 COCO l,567,00o
ten hundredths of an inch. We have had one killing frost
9,00O,4.=>.S.000;80ti.000 1.261.000 11.000 l.o92.(0;
during the week. Picking goeson well; about one half of ttie
7.0oOi7fi-2,000 012.000 1.374.000 ('..000 1,644.C0X
8.000I314 nf>o].s5r.,ooo
870.0OI! 11 00.1 1 .H)7.00 ft
crop has been pickea. Crops are reported shorter than expected. The thermometer has averaged 62, ranging from 33
According to the foregoing, Bombay appears to show a
to 82.
decrease compared with last year in the week's receipts of
Memphis, Tennessee. It has rained on four days of the 5,000 bales, and a decrease in shipments of 7,000 bales, and
week, the ra infall reaching fifteen hundredths of an inch. tiie shipments since January 1 show a decrease of 131 ,000 bales.
Picking and marketing are progressing finely. We had a The movement at Calcutta, Madras and other India ports for
killing frost this (Friday) morning; the temperature fell to 36. the last reported week and since the 1st of January, for two
The thermometer has averaged 64, ranging from 44'o to 82.
" Other ports" cover Ceylon,
years, has been as follows.
Nashville, Tennessee. We have had rain on one day of the Tuticorin, Kurrachee and Coconada.
week, the rainfall reaching thirty-five hundredtJis of an inch.
We had killing frost and ice on Thursday night. Average
Shipments since January 1.
Shipmentt for the week.
Orei-7,r;tUe,

—

—

—

—

—

—

thermometer

05, highest 82, lowest 40.
Mobile. Alabama. It has rained severely on one day of the
week, the rainfall reaching one inch and twenty-five hundredths. There has been froht, but not killing, in northern
districts.
Picking progresses well. The cause of the small

week

—

that the tributary rivers are lower. The
thermometer has averaged 69, the highest being 84 and the
lowest 44.
Moiitgomery, Alabama. The weather has been cold and
dry all the week. There has been rain in some sections here
about, but we have had none in nearly three months and
everything has dried up. Planters are mat keting their 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 hundredtlis of an inch.
have had a frost but not a killing
receipts this

is

—

—

We

frost.

The thermometer has ranged from

39 to 76, averaging

Great
Britain.

—

Savannah, Oeorg? a.— There has been rain on two days of the
week, but the rainiall was too small for measu remeiit. The
remainder of the week has been pleasant, with the nights
cool. Average thermometer 68, highest 79, lowest 41.

Total.

Great
Britain.

Oonti7ient.

Total.

Oalmtii—
82,500
80,200

42.700
lO.SOO

125.200
97,000

l.oOO
l.OOJ

50,100
22,0u0

1,000

50.500
23,00*

7,500
3,000

55,900
Sn.OOO

33 500

0,000

188,900
14G.iOO

7620O

1S84
1883

M vdi as—
1884
18S3
otbers—

1,^00
1,000

All

18^'4

7.5(

1S83

2,0OU

1,000

1884
1x83

1,500

7,500
1,000

3,oo(i

4000

S9.40O
48,000

Ic.OOO

Total all—

2

1

80O

2«5,10O
16S.O0O

The above totals for the week show that the movement from
the ports other than Bombay is 5,000 bales more tlian same
week last year. For the whole of India, therefore, tlie total
sliipments since January 1, 1884, and for the corresponding
periods of the two previous years, are as follows:
EXPORTS TO EDHOI'E FROM 41,1. INIIIA.

Ahburn, Alabama.— We have had

rain during the week,
but not enough to do much good, the rainfall reaching but
two hundredths of an inch. Average thermometer 66, highest 83 and lowe t 45.
Madison, i'7o/ ?£/a.— Telegram not received.
Macon, (J tor ;p-. It has rained on one day of the week.
We had white Irost this (Friday) moning. The thermometer
has averaged 67, ranging from 44 to 83.
Chimbus, tieuri/m.—U has rained slightly on one d.ay of
the week, the rainfall reaching twenty-three hundredths of
an inch. The thermometer has ranged from 32 to 78, averag°
ing 03.

Continent.

1883.

isdi.

1882.

Shipments
to all

Europe

from—
Bombay

2,000 1 133.000
9.O0O 2(>o,100

All other ports.

Total

Since
Jan. 1.

This
week.

1

1.00

1

1.:'98.10

This
week.

This
week.

Since

Jan.

1.

9.000 l,2il.0t)u
4,000 ItiSO'ii
13 01)0 1.432,0

1!

Jan.

1.

7, 100 1.374. OOO

1,200|

283 900

8.2ooll.G57,90»

This last statement affords a very interesting comparison of
movement for the three years at all India ports.
Alexandria Receipts and Shipments. Through arraage"
Co., of
ments we have made with Messrs. Davies, Ben ichi
Liverpool and Alexandria, we now receive a weekly cable of
the movements of cotton at Alexandria, Kgypt. T!ie following
are the receipts and shipments for the past w^eek and for the
corresponding week of the previous two years.
the total

—

&

I

THE CHEONIOL^

OcTOBKrt 85, 1884.J
Alt*'* till rut, Hityptt

OeUher

1882

1(83.

1884.

2'i

4H7

Iw put in operation. It could not Ih- dune at nno« aa oontcmAt a ballot taken to-<lay(Kri<la>)tlio yctM numbered 108
and the nays 181. The pri>tK>iitioii ih contM-iiuently dnfrat«d.
East India Crop Prosi-elts.— Our cable from Ooinlmy toplatccl.

fteaeli't-'

ItO.OOO

110.000

:ioa.uoo

302.(100

^pL

fel.TOO

TMt

r*<«

Bhie»

tetk.

T.'s.ono

Bine*

VH4k. Sept.

1.

1

Export < (1)ulo»)—
11.000 24,000
4.0U0
1,000

'lul'iver|Hiul....

To Contluent

...

Total Europe
*

A

ciinlnr

UOS

12,000

23,000

1

0,000
V,000

22,000

,000

S8,000

1

4,500

7,000

6,<>00

4,500

7,000

Um.

This Ktateraent shows that the receipts for the week ending
Out. 3'^ were 140,000 cantars and the sliipments to all Europe
13.000

b.ile3.

Manche-steh Markkt.

—Our report received from Mancheste
We

t(viuKlit states that the nvtfkct is <iuiet but steady.
the prices for to-day below, and leave previous weelca'

(five

prices

for coiupnrison.

8>4 Um.
Bkirtingt.

Ivitl.
d.

•).

t.

Sept.
••

"

r

•"•iga

V.

i»l, <»

<1.

8.

A
0>a

Mid

32»

d.

d.

.-1.

i-ui

'

V

OoU'n
.

SMrlingt.
n.

• 9 5
8Ii8» 8'8 5
S5l«» »'8 5
8 "4 a 8^8 i

A.

6

8>4

6
»
5 7 »7
8H a H'g
••
2( -,,,« 9
5 7 «7
5'»H>
oot. ; <»,«» 8-B 5 5<4aO l(|ia 5\
84 » 9
"
^5|(l» S'aiS 5»«a6 lo"*
^''l«» 9
" 17 ^'»» >"s .15 5>4«6 lOia 5"lfl
ST,.* 9
5>*
« 24
85u"-13ig^ R>«1>6I0>3 ."i'ln 8'i«» 9
li.

most

djstrictM,

lem

been

(|uito active

favorabli<.

Italn
slightly

and the crop has been

damaged therefrom in Oomrawuttec.
Jute Butts, Backhso, &c.—The market

for baK(?in<? hoi*
freely.

and buyers are taking parcelH more

Tliere is more disposition
parcels, in order to take

shown by the trade t<i take large
advantage of the diwonnt which
being
u
allowed by sellers, and some 6,000 rolls have been
placed of various grades. Prices are steady and the market
closes at 9-;':iC. for If,.^ lb., lOf^c. for 1% lb., lie. for 2' lb. and
llj:ic. for standard grades, with a discount of SJ^i'/i'i per cent
according to size of order. There is only a light <leinaiid for
butts at the moment and few parcels are l)eiiig taken. Pricjw
are steady and sellers are (|uoting up to 3c. for pajwr gradcM,
while bagging quaUties are held at Z}{(S'ific. according to

Comparative Port Receipts and Daily Crop Movsmknt.

8>« at

(7oj>.

Iwiti.

XJpl'l$

7'«»7
eii,
7i«»7 Of 6^1
i'^o 5
8>s«7 1>« H»,«
9»a 5 Sis»7 \^ (J^

AllgZC 9>« «9ii. 5
••2: -»18» 9^15

states that iiccouiits are, in general,

is reporteil in

quantity.
1883.

1884.

82t Oop.

day

(J

n.

»7
®7
»7

t7>><f(

d
5 "9

508

is not accurate,
weeks in different years do not end on the same day of
the month.
have con.sequently added to our other standing
tablets a daily and monthly statement, that the reatler may
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.

as the

We

(1

5M„

(1

6"Si,

5%'

KontAly

5'8
eJs

Keceiplt.

6

»7
^7

l"!
i>a
I",

7

'»7

l>a

117

5
5

a
B
6
6

5

6

5
5

5

<1.

mo

— A comparison of the port movement by weeks

«7
«7
a>7

5'3L

5U,,
6

Messrs. L.vtuam. Alex.\nder & Co. liave issued this week
their very tasteful aud extremely useful cotton annual.
It
seems almost a pity that it is for private circulation only, for
it presents dull business facts in so attractive a form
such a
liappy combinat ion suggesting both work and p'ay, the partnership no industrious man can afford to dissolve that we wish it
were within the reach of every one. On the first page is an
artotyfe of the United States Treasury building at "Washingtan 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 tuggestive
sketch of the cotton outlook for the past and coming seasons
by the firm following that, are two letters from Mr. Ellison,
as usual full of facts of such real interest to the trade that they
will be widely and eagerly read. Then comes a capital picture
of Mr. Loring, the C^ommissioner of Agriculture. We have
never met Jlr. Loring, but after looking at this engraving no
one would have to be told that he was born and bred in Massachusetts and has the odor of Plymouth Rock about him,
for he shows it in every feature.
These are, of course,
only the b-ginning of what this annual contains. Tet 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
book is not for sale.

—

—

—

(ept'nih'i

receipts Sept. 30..!

Mr. M. B. Fielding, after arguing thit the projectel plan
to the charter of the Exchange, criticised some
of the particulars and declared them to be unjust and impracticable.
Mr. F. W. Williams read part of the charter, and
expressed his surprise that the power conferred thereby to
make the alterations should be disputed. Ho explained
and defended the new measures against the attacks
of the first speaker.
Mr. George E. Moore opposed the
changes, because they interfered with the business of
actual cotton brokers. He was also of the opinion that they
put too nmch power into the hands of rich speculators, because

was contrary

through buying up a large number of certificates they could
control the market.
Mr. John H. Inman objected to the
charges as being excessive, and he also explained how the system could not work at times. Mr. S. Ranger did not approve
of a law that would prevent him from inspecting and receiving cotton on contracts purcha-sed for export, but thought it
might be satisfactorily amended. Mr. Wm. Woodward declared it to bs <iuite impossible for one inspector projierly to
perform the requirements of the proposed new by-law.-i. Occasions might arise when fifty would not be sufiicient.
Mr.
Woodward also wanted a later time fixed for the new plan to

1882.

1881.

1880.

1879.

343,812

326,656,

429,777

498,47^1

333,643

07-09

05-13

I

09 10

07-80

06 67

I

This Statement shows that up to Sept. 30 the receipts at the
ports this
year were 1,633 bales more than in 1883 and
18,789 bales more than at the same time in 1883.
By adding
to the above totals to September 30 the daily receipts since
that time, we shall be able to reach an exact comparison of
the movement for the different years.
1884.

1883.

1832.

1881.

1880.

1879.

Tot. 8p.30

345.4-1.5

320,656

23.830
22.560
33.811
22,593

429,777
19.012

458.478
35.136
31,901

333 613

Oct. 1....

343,912
33,533
23,863
23,430
21,985
35,295
27,121

'•

"

2....
3....

8.

48.669

8.

::4,321

2l«,785

51,559
29,934

28,847

49,519
27,136
29,132
32.d61
43.151
33,315

4....

"

6....

S.

"
"
"

6....

40.615
37,265
28.92?

7....
8....

" 11....

" 12...

8.

" 13....

50 4S9

" 14....
" 15....
" 16....

36,503
37.318
33.958

" 17....
" 18...
" 19....

5M37

" 20....

60.755
43.933
35,977
44,145
61.721

"21....
"22....
" 23....
" 24....

8.

30.931
25.177
25,140
32,469
36,417
21,231

••

" 9....
"10....

New York

day.

345,44'>

1.

1883

Pero'ta#feof tot. port,

;

Cottox Exchanoe.— The meeting of the members for discussing the proposed repeals and amendments
regarding "Inspection of Cotton," which had been called
for the 30lh inst., was adjourned to the 22d on account of the
absence of members who attended a political meeting on that

Tear Betrinninff Btpieinbtr
1881

38,578
8.

3.5,010

69,457
32.929
8.

58.919
31,531
38.46o
10,049
55,335
34.727

8.

36,637
27,117
25..^3.^

23.3;»8
43,(131

33,710
B.

B.

39,051

33 555
25 37J

8

21,839
26,909
26,211

33,937

3^,80'^

37.1

97

8.

31.515
33,776
39,356
44,637

55,598

8.

31.68.'.

31,156
39.417
61,128
30,956

43.315
21.811
23 252
33.861
41,145

61,481

8.

30,99!)

29.1til

49,13:

8,

38,729
37,058
S5,650
31,101
43.366
35,713

30,060

33,57-i

42,651

S.

B.

8.

37,355
25,609
21,335
23,504
35,621
21,S19

25,161
4J,01»
30,586

42.4'-9

26,114

8.

20,785
21.495
35.016
25,784

41,177
17,876
26.622
23,825
40,395
31,763

8.

a.

43,101
32.534
25,607
35,566
12,970

Totnl ... 1,158,360 1,126,573 1,038,961 l,063.8i:i I,17«,17!t
Percental B uf total
23-23
17-26
70- ,11
port n'c*p t»Oct 21

976,522

2iM

19-52

This statement shows that the receipts since Sept. 1 up to
to-night are now 31,787 bales more tlian they were to the same
Jay of the month in 1883 and 1 19,39(i liales more than they were
to the same day of the month in 1882.
We add to the table
the percentages of total port reeeipta which had been received
to October 21 in each of the years named.
Shipping News^—The exports of cotton from the United
States he past week, as pv:r latest mail returns, have reached
IS''), 3 17 bales.
So far as the Southern ports are ccincemed, these
ire the same exports reported by telegraph, and publislied in
the Chronicle la.st Friday.
with regard to New York we
include the manifests of aU vessels cleared up to Thursday
week.
night of this
I

TolaibaU*.

New York—To

Uverpool. ner steamnni Arln-ma, KS"
AurSll... .Celtic. 1,390.... City of C'lilctiKU. 1,877. ...St.
Koiiiiiix, 5.977
10,978
Til (JI;iR.'>'W, per strnmcr Kiirui«lH. .360
360
niilii,

Til Hull. p,-r stoaunT U-piiuUi, 1.8.!o
Til II ivr-, pi^r sii-Hmer Aui-r.qnH. 2,100.

To

To
•

I'.rcmt' I, i>ei- ^le:llller i-.iili'.r. l-iii
-iftiiiinirr, pcrmeaiiipri H>>lLOinln.

\JS20t

8,100

40O
l.Vi«., WIeUiid. 1.024

Til .ViiiNlordutii, per hiralller Z tiiiMliiiii, 1,1J <
Til Aiit«,M-|>. lM•I-^tc»lllo^« Iliiiuidjl 5UO
Waesluiid,

lo

tii'i oil, i>."r

«t>-BuierSmr>y, l.iOO
LiviTpm-l. iwr 8ti< mer« Aliclu,

Wsw Oklkans—To
O

To
To
To

illp;;ii.

1.-150

Bniiicu.

I|1S3

2.90T

Ain>w. 1,730

15,375
4.730

.,

per git-uuior X <vi;jitiloii. :4,9.0......
Verit Cruz, per steauier Wliltut'f 3!>5
,.,.,

^i*^

ItHrcoli'iiii,

,

3,107
1,400

6, 00,.,.

IliAiorinn. J. 12,%

iier bH'.iu.it

SJtSO

,

Sl>&

:

.

THE CHRONICLE.

468

Total bales

BAVAKyAH— To Bremen,

per steamer Elpie, 5,8oO

a,910
5.050
4,5CS

'1

0,450

5,166

To

Maj'aguez,
Farcelciui, per steaiuera ArdaiMlliii, 2,GC9
2.913. ...Per Ijurk Skiideuies, 1,332
Galveston— To lyiverpool, per steamers Australian, 6, 123

..Lord O'Neil, 8,97.t

17.."9Ll

BALTIMORE— To Liverpool, per steamer Nova Scotlau, 2,011
To Eremcu, per steamers Braimscliweie, 1,110
Ilevmaun,

2,011
3,023

per steamers Coplialouia, 9G6. . Missouri,
.

4.312
1,633
121

3,346

Philadeli'HIA— To Liverpool, persteanixr Illinois, 1,633
San FiiANCisco—Tc Liverpool, per sbip Waadale, 121 (foreign).

_

Total

125,347

The

particulars of theae shipments, arranged in our
form, are as follows:
AmsterHull tC
Bremen dam,
iC: Uain- Aniw*p BarcC'
Vera
Lirer- Oiasvnal.
gaw. Havre, hitrg. ti- iicvit. toua. Cri
Sew York. 10,978 2,1S0 2,100 2,990 4;540
4,750
3,B40
395
N. Orleans. l.r,373
Bavaiinali..
5,850 3,940 5,050
Caiarlestoc.
D,450
i.tOi
6,961
Galveston.. 10.123
Wilmington 2,11.5
Norfolk.... 17,599
Baltimore..
2,011
3,023
Boston
4,312
1,033

usual

Forwarded
Total stock— Estimated
Of which American — Estim'd
Total import of the week,
Of which American

Amount afloat
Of which American

2SP,000
21,000
19,000
93,000
62.000

Oct. 10.

Cc(. 17.

co.ooc

Oc/. 24.

58,000
8.000

4.i.0(K

41.000

9,00l
7,0 Jt

7,000
6,000
487,00(
265,000
46,000
37,00c
165,000

73,000
5.C00
1,000
59,000
5,000
16,000
470,000
252,000
76,000
59,000
1 84,000

136.000

l.i8,C00

5,00(
1 ,000

1,001

501,000
273,000
41.000
3 l.OOf
113,00c
llO.OOf

of the Liverpool market for spots and futures each
day of the week ending Oct. 34, and the daily closing prices
of spot cotton, have been as follows:

Saturday Monday. Tuesday.

Spot.

Market, ( Ilarden'g. Uarden'K.
12:30p.m. S
5 --a
Mid. Upl'ds
5>fl
51I18
Mid. OiTns.
5"io
12,000
Sales
15.000
8pcc.&exp.
1,000
1,000

24,4!i0

Futures
Market,

11.^40

12:30 P.M.

21.183
20.9 i2

10,123
2,115
17,599
5.031
4,312

121

IL'I

63,775 2,180 2,100 26.063 8,48915,954
Included in the above totals from New Yerk are 1 ,400

Actual export

72,00t
5,000
1.000
57,000
6,000
4,000
532,00t

Thursd'y

Wedties.

Fi-iday.

Quotnt'ns
Quiet.

57l6
558

51I18

10,000
1,000

Didl

ana

barely
supported deolinlug.
57,6
5^13
5»8
5%

Easier.

10,000
1,000

10,000
1,0J0

10,000
1,000

Total.

1,633

Total..

Sales of the week
bales.
Of whi'-h exporters took
Of which speculators took..
Sales American

The tone

1,613

Boston— To Liverpool,

Philadelp'a
Ban Fran..

6,961

10,123
2,llj

Eacloutres'. 4,000

Wilmington— To Liverpool, per bark Harriet Campbell, S,115..
NORFOLic— To Liveipooil, per s^eaiuors Catalan, 3,024
Eduardo, o.tOO

Oct. 3.

S.^inO

To Keval. per steamer Strathoden, 3,S40
To Barcelona, pereteauier IlawnrdcD, .5,050
CUAKLKbTON — o Liveri^ool, per stenmer Westergdte. 4,.'>08.....
To Bremen, per steamers Uuuliolme, 4,261
IrlliingtOD,

XSXIX.

[Vol.

395 125,317

Quiet
I

Market,
5 p.m.

\

Very

Firm.

Easy.

firm.

and

Firm.

stcuay.

Du

8at., Oct. IS.

1

but

Steady.

Steady.

5 83
Oot.-Nov«.. 5 32
Sov.-Deo.. 5 33
Dec- Jan.... 5 38

October

Mon., Oct. aO.

TucB., Oct. ai.

aios.

Opfn

Low.

a OS.

d.

d.

d.

d.

d.

d.

d.

5.12

5 33

5 30

5 27

088 52;

638

5 82

5 27

3 28

6 23

5 33

5 80
5 30

581

5 33

5 32
5 33
5 33

5 30

8'.!

5 32
6 83

5 32

5

5 33
5 87

6 33
5 34

5 33

6 30

5 31

'533

311

641

6 36
5 40

Open High Low.
d.

5S2

5 88

3 33

5 85

5 45

515

5 8j
5 42

5SS
512

Aprll-May.. 5 49 5 49 5 49
May- tune.. 553 5 53 5 58
June-July.. ....
July- Aug...
....

4ll

3 IS

6 IS

616

511)

5 53

5 53

5 62

Aag.-3ept...

....

....

....

6

5 87

Open moti Low.
d.

538 5 3d 5 88
5S8 5SS 5 3S 6 33
Feb.-Maroh. S42 5 42 5 43 5 42
March-Apr. 5 43 5 45 515 6 45
Jan.-Feb....

6 30

5 50

5 30

....

....

....

....

....

...

....

....

d.

Ctoa.

d

d.

628 3 28

5 27
3 23

6 30
6 33

5 30
5 33

6 37 581
611 8 40
541 515 5 41
6 48 519 5 4S

...

Wednea,, Oct. 32.

Hattleld, 5,000.

For Barcelona— Oct. 21— Steamer Norfolk, 5.509.
Liveriiool Oct. 23— Steamer Stranton. 4.428.
For Barcelona-Oet. 17— Bark Igiiazio, 1.072
Oct. 18— Bark
Espana, 1,750— Oct 21— Steamer Apolo, 4,803.
NouFiiLK— For Liverpool— Oct. 17— Steamer Saturnina, 6 1 32.
Boston— For Liverpool— Oct. 17— Steamers Samaria, 57; Venetian, 2,3C5
Oct. 21— Steamer Iowa,
For Yaimouti', N. S.— Oct. 20— Steamer Dominion, f 5.
BALTIMOKE—For Liverpool-Oct. 20— Steamer Oraiimore, 3,017,
PiilLADEipniA- For Li\erpool-Oct. 21— Steamer Peunsjlvanla, 1,535.
For ALt«eip— Oct. 21— Steamer Ztelaud, 1,400.

(Juiet

Dull.

The opening, highest, lowest and closing prices of futtu-es at
Liverpool for each day of the week are given below. These
prices are on the basis of Uplands, Low Middling clause, unless
otherwise stated.

the latest dates:

3,9< 0.

cttae.

steady.

b.%le8 to Ci snoa.

For Ilavre-Oot. 18-Steamer Marseille, 6,240
Oct. 23-Steamer
Kouen, 7,775.
For Bremen— Oct. IS— Steamer Corona, 4,475.
For .Vutwerp- Oct. IS— Steamer Marseille, 1,270.
For Harceloua— Oct. 21 — Steamer Juana, 2.936.
For Malaga. Oct. IS— Steamer Elvira, 2,300.
For G noa— Oct. 23-8t«amer Covemiua. 609.
Savannah— For Liverpool— Oct. 21— Steamer Lancaster, 5,S31
Oct.
22— Steamer Jepmond, 4,103.
For Reval, Oct. 18— Steamer gwaledale, 4,500
Oct. 21-Steamer

Dull at
8-lU d i-

(

Below we add the clearances tliis week of vessels carrying
cotton from United States ports, bringing our data down to
Galveston— For Liverpool— Oct, 17— Ship Jnliiia, 3,053
Oct. 20—
Steamer Regius, 9,027
Oct. 21- steamer Empress, 5,354.
For Bi emeu— Oct. Is— Steamer Wc^ier, 4,619.
New Okleass— For Liverpool -Oct. 17—Steamer Americin, 3,495
Oct. 21— Steamer Explorer, 1,671
Oct 22— Steamer Murciauo,

and
steady.

Steady.

j

....

5 28
6 30

688
8 37

511
5 45
5 49
....

....

....

....

Thnrs., Oct, 33.

FrI., Oct.

21.

CHAKLEtTON— For

.

Below we give all news received to date of disasters to vessels
carrying cotton from United States ports, &c.
Acacia, steamer (Br.), (it Galveston, loading for Liverpool, wa? discovered to be on Are on the atteiuoon of Oct. 19. The Acacia had
been loadiag cotton for several dajs pa-t and had 2,:-;00 balei
aboard. The flie had been bunting several hours Ivefore it was
discoverett. The steamer was 11. oded with salt water b,v the city
Are department. The steamer w.is pumped out, and I'he cotton

Satur.
liiverpool,

Do

steam

sail...rf

Havre, steam

Do

.-*.

—

sail

c.

Do

sail....c.

Hamburg, steam. c.

Do

sail

Tuei.

Wednet

Ht-'^hC Sl6-"e4'

Thurt.

Fn

3l6-1364* 3l6-'3f4«

....

....

'lb*

7ie*

TlO*

....

..-

...

la*

H'

l3-

^•

V

38'

...

e.

Bremen, steam.. c.

Moj«

316-1361* 3ia-13,4'

Jk..

7ia*

la*

>a'

....

•

38'

»8'

%

%•

...

....

..»

e.

-•>

\b'

'is'

..*

Amst'd'm, steam.c. 5 212-551 52i£-55f 52Ss-55f 5219-551 52i3-35f 52J8-55I

Do

sail...c.

Keval, steam

Do

sail

d.

c

Barcelona, steam. c.

Genoa, steam

c.

Trieste, steam... c.

Antwerp, steam,

»32»5lh* *32®^18* 932»°1«* »3aa'it* 9j2®5ig- »32®i>18-

c.

---.

H'

V

....

•4'

«ie*
»16*

»16*

»18*

9l«'
»19-

1»«4-Tl6*

'364'

".4'

H»16*
9i6'3,4*

14'

= 18'»16*

'"W*

^4*

9i6*
»ls'
'3,4*

Compresiwd.
tP er 1001b B.
Liverpool.— By cable from Liverpool, we have the following

*

iBtatement of the week's sales, stocks,
add previous weeks for comparison.

Ac,

at that port.

We

iow.

CIo».

d.

d.

d.

5 26
5 20

5 26
Oct.-Nov... 5 26
Nov.- Doc... 5 26
Deo.-Jan.... 588

Jan.-Feb
531
Feb.-March. 5 35
March- Apr. 5 3a
. .

5

2'!

6 28

5
5
5
5
6
5
5

28
26
29

5 2'3
5 26

33
85
89
43

02)
5 81
5 35
5 39

Apdl-May.. 5 13
613
.May-June.. 54; 54i 5 47
June-July..
July- Aug...
AuR.-Sept...

....

....

Open High L010.

Cloi.

d.

d.

d.

521

5 23

631

5S5 5 23 3

5 21

5 23
3 23

3 24
5 25
6 27
5 80
6 31
5 3S

5
3
5
5

d.

5 23
5 23
528 5 23
6 29
5 25
5 32| 5 29
5 35
5 33
5 39
5 30
6 43
5 40

5«

5 83
6 27

52a

5 30
6 31
5 38

5 29
5 33
3 36

d.

....

....

...

...

....

d.

25
26
27
30

5 23
6 25
5 27

5 31

5 81

531

638 5 83
542 6 43

613 510 5 42
541 513 5 41 615

....

Open HLQh}Low. aio:

6 45

5 48

d.

1

24
6 21
5 21
6 27
3 8)

531
388
5 43

513

i.

5 24
6 21
6 24

527
5 80
5 31
5 38
5 42
5 46

....
....

....

....

...

BREADSTUFFS.

M

Cotton freights the past week have been as follows:

Hifih

d.

October

dtscharged. Damage not .v. t asi eitaiueo.
AnEKttiCE, steamer (Fr.i, at ^ew Y'oik, loading for Havre. A Are broke
out at 2 A.
of Oct. 22 in the ction in the ho d ol the steamship
Ameii((Ue of the Compatrnie Geuerale Traus-AtUutique.
It was
promptly extinguished by the tircmeu. About Iweuty-flve bales of
cotton were damaged.
Qallego, steamer (Span ), Gorneza, from New Orletins for LiveTpool,
was towed into Havana. Oct. 22. by steamer Lone Star, Miiaou.
from Galveston for New Y'oik. The Gallego had lost rudder iu a
hurricane on the 15th. Hit caigo is all right.

Open

FBID.AY, P.

M

,

October 24, 1884.

Flour lias soli to only a 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 especially plentiful, though the supply of all grades has been
ample.
Wheat has been fairly active, botli for export and on speculaThe visible supply is
tion, with prices latterly declining.
increasing and the English markets have latterly been depiesEed. The French markets were at one lime strong, and it
is claimed that there is a possibility of an import tax on wheat
being levied at French ports. Tiiere is very little desirable
spring wheat here, but there is an ample stock of white, whi"<)
There is some old No. 2 spring
tliere is a liberal supply of red.
here worth 78(g79c. and No. 3 Duluth to arrive is quoted at
about 83c. Some business has been done in No. 2 Northern
spring to arrive. Today the market is slightly lower.
DAILY CLOSING ritlCES OF NO. 2 BED WINTER WHEAT.
TJinrs.
Wed.
Sat.
Mon.
Tiies.
85i«
SHI3
8-;
Afloat
87
88

86

November

84>a

delivery
Decembr-r delivery
January delivery

843a
8689
S814

8II4

Sl^a

86
88

86^

8533
S7i8

8413
86'4

SS^f,

gflig

88%

Fri.

86%
SSH

Indian corn has been only moderately active at declining
The depreciation has been greatest in corn on tliespot
prices.
and for November delivery. Tlie weatlier at the West of late
has been clear and cold, and b'ing therefore very favorable
for drying the corn, the effect on prices has been wtakening.
There has been a moderate export trade in mixed corn. There

J

—

Octohee
has

white or yellow corn on the market,
a fraction lower.
D.VII.V CI.OSINd MUCKS OK NO. 2 .MlXm.
little

day the market

Jami.ii.v ilcUvory

Tl>(/.

59

57

62 ^,

50 1«

66 h,
62
50 1«

47 «t

4S'a

Barley

quiet, but the latter has
sold to a moderate extent at

Total

58

65H1
50»«

65%
S0>«

64ifl
fiOOs

48 'a

43

48 V

4G9
1881-81.

|MS?-83.

1881-82

bbls. 10.&S7,72J

ia893,273

9..505,(i|2

bash. 6^.2'9.741

52,053.738
73,023.100
25,538.752

69,572.521

Ploor

FrI.

Til iirs.

60

00

60
57 "4

57«4
S6>s
503s
43>«

lU'llvory

Tiim.

J/uii.

60

Alloat
Oc'tolHT iloUvery
X.iviii l"r (IcUvury

'a

Wheat

Com
OaU

38.083.45il
20,1183,249

2,922.75%
4,503,099

Bye

Rye and barley have been rather

been well sustained. Oats have
some advance, though to-day tlio market was a fraction lower
than yestorday. No. 3 mixed sold at 82c. for November and
IVJ'o '" ^iJ'aC. for December.
Til.

.

.

The total re(x>iptH at the Minie porta for the period from Deo.
21, 1383, to Uft, 1^, 1881, compare as follows for four year*:

To-

is

Sat.

|),-.i'ii,i'. r

.

THE CHIIONICLR

35, 1S«4.J

very

b.'(n

.

Th9

2il.l86.698

2,5«i),7«)

2)432.011
3,U0.3lo

4,275,323

1,203,196

£ran ...127^1 2,902~ 133.895.733 122,804,7»J 107,201,621
ex'xjrts

ending Oct.
SxporU

f.>llowiug are closing quotations:

imna-n^.
10,356.625

fr^m the several seaboard ports for the week
are shown in the annexed statement:

18, 18 ii.

Com.

W\tM.

rumr.

OaU.

Fmu.

Sti*.

KLOUR.
Patent*, winter .... J4 85

1»bW.$2 10» 220

No grade

»

3 40

nty Mill stalpp'it ex 4^09 4 55
Southern bakers' and
4 25a 5 60
family brands
00 Bouth'nsttp'Kextras.S 25a 4 25
Siirerltiie
\tlMS. 3 15 a 3 75 Bys Uour, superline.. 3 SOa 3 95
FlU-illK wI.mA
Com meal—
:: ^ -;r:i't 3 75 a 5 ro
.^Illi•^4;
3 009 3 40
Western, As
,-;^'.^lIiil^.
3 00» 3
Willtcr ilil;
Brandywliin. <to
3 409 3 50
ami
Winter i-k-.ir
4 00» 5 00 Buclc wheat (lour per
stnilKlitlbs
2
134 210
100
5
90
50»
4
Patents, eprlng
ORAIK.
Corn
TVhent® 02
Western Yellow
66
87
8prlng,per bnsli.
60 a 62>8
82
Bye— Western
81
Spring No. 2
<i7»9a 69
State
843i» 86
Bed winter, No. 2
31 a 33
Oats-Mlxed
68 9 91
Bed -winter
31Si» 40
White
£0 • 85
White
No.2mlxed
ZIH* 32
85
White No. 1
a>
32^
No.2 white
54 9 57ia
Corn— West, mixed
a 87
-No.
1
Canada
Barlev
57^
5b>4»
West. mix. No. 2.
No. 2 Canad.i
77 ® Si's
a
White .Southern..
State, two-rowed.... 60 •» 65
....a
Yellow Southern.
70 a 72
Sbvte, six-rowed
Western white
The movement of breadstufTs to market is indicated in the
statements below, prepared by us from the figures of the New
first give the receipts at Wester.
York Produce Excliauge.
lake and river ports, arranged so as to present the'compara
tive movement for the week ending Oct. 18 and since Aug.
for each of the last three years:
KIlc
Nu. t extra
No. 1 .xt:..»

225u)

26.-.

OOO
3 50»
2 65 a

3 65
5 00

3

Bbls.
76,19(-

37,604

27,20D

29,923
063
862
25,714

33,004
12.857
7,894
203

375

TjtalWk. 1,178,318|

140,820;

157,414

41,768

B'lcetimr
1883. ..

852,432

139,69.^

BMton.

.

p.irtland.
Miintreal.
Pjlladel..

."J

.

liUtlm're

•

Orfna

.V

.

.

822,8281

Bt>I>.196Uw

Peoria.

i.ino

OiUath

84.735

918.9S0
841,431
8S9,41S
410.280
73.000
350.068
9,750
745,833

£7(5.653

3.745,795

860,084
299,833

8,143.395

MUwaokM..

S4.793

Toledo

2,882
2,857

Detroit
Cleveland. ..
8t.Loals ....

8,801
30,538

Tot.wk. '84
Same wk. *33
Same wk. '82
Since July as
1884
1883
1882

Bitrl<v.

683.032

1.091,900

13.440

23.900
11,050
29,885
48.000
156.025
430,380

944.357
1,856.047
645,663

17,693

5,288
8,650

81,745
100,500

6,613
12,425
11.281
21,010

3.*C.Am
W. IniUes
Brit. Col's
Oth.o'nt'B

21.088
24,510

1.860,833

693.031)

909,373

665 416

118,078

2.174,653

30.701.113

83,543.808

10,604,905

2.105.507

32.874.

14,530.535

15,191.0.5

3,3 9.833

Wheat... ..bush.

Cjm

o»t«
Barley

...

Rjc
Total

1883-84.
9.817,074

1982-93.
7,267,863

53.949.246
68.811,612
43.739,926
4,016,931
5,112,030

38,371,502
91,360,401
41,131,167
6.528.552

bbls.

88.)

2.317.170
^SSO.S.ll
1.291.557

175,628,745

firraln ....

.5,091,795

182,489,117

Below are the rail shipments
ports for four years:

Wheat.. .».,

Oom

.bash.

.«.

Oato....

Barley

Bye
Total

Week

29.'557,295

3.595,794
1,837.363

1882.

1881

Week

20.
113,0ti5

Oct. 21.

100,474

Wrri
Oct.22
119.857

370,205
208.929
906,969
195,041
66,911

368,587

588.698

.521,544

174,8.-i9

t5'i.350
1.10-<,43l

913,798
386,651
36,210

553,240

549.628

i50.48r>

134,8;<8

73,546

94,799

1.718,0j5

2.220,790

1,640.808

2.140,084
for last four

Oorii,

bush.

bush.

329,851
302,554
275,276
277,293

2.307,751
2,711,331
2,550,570
2,093,036

8=7.808
1.210.348
1.453,068
1,186,534

Tot.,4w.lI84.'982
4w'k«'83. 886,708

9.662,691
6.612,272

4,737.808 5.671.574 912.969 699.211
9,067,494 5,358,589 1,535.324 913.293
grain at the seaboard ports for the

tlour and
18 follow:
Flour,
Wheat,

Al—

New York
Hoston
Portland
Montreal
Philadelphia...

Baltimore

bbti.

buth.

142.387 1,470,380
107,070
103,300

bttith.

1.102,831
1.453.268
1.624.897
1,400,528

Oorv
bush.

37,946
24.835
27,787

241,237
103,300
281,369

81.288
165,250
9,572
19.777
32,500
34,100

l.S,050

67,084

3,470

988

Newp't News

New Orleans...

Oatt,

Barley,
bush.

bVMf'

115.707

270,763

Cate,
bfisn,

83.919
211.571

Barley,
bush

454,750 121.0-20
201,116
3,500
3,230
H.701
7,736
193,400 48,600
46,800
22,773

21.2J3
5.8 72

Bush.
692.513
152,699
1.913

5,009

7.'i:6.i

4,94-5

4,362

355

110,826

852,432

822,8-.j8

.

i.8..'.86

Wluat.
1884.

Cbrn,

Aug. 27

Au]. 23

(0

to

Aug. 27

(0

Oct. 18.

Oct. 20.

Oct. 18.

Oct. 20.

Bbl>.

BbU.

Bwh.

Bush.

S13.963
97,a78

tVeet Indies.

134.922

S18,»77
36.137
89.301
112.849

8rlt.Cornl9e
)th. countr's

121.012

119,0£«

100,>'41

1888.
AU1I.2J to Aug. Z7 to
1884.

l!l83.

Oe:

18.

Bush.

Oct. 90.

Bulk.
e.693,0M

6.050.230

5,807,744

1.601.521

6,031.501

3,743.742

878

342.948
104,159

ie,S83

W,402

«e.SM

16.64S
4.183

ie,S4S
lOO.TSl

2.225.760

8,807.488

23,59o

0.195

3.020

4,005

1.307.216

1.2.17,003

TI.l 18.315

S.P6S.444

1.996,8e«

254.671

visible

fn store at—
Sfow York

bush.
',319,836

Do afloat

797,783

(est.).

C'l'.caBO

1,800
1.547,715
5,0>2.450

Newp't News
Milwaukee

l.l'J9.'t53

Dduth

l.lr'H.599

Toledo

1,932,180
575."51
174.728

Ditrolt.

Osw6(ro
St. LoQls

B

iston

.Montreal

P lUadelphla .
[adlanapblis.M...
Kinsaa City
Baltimore

Diwn Mississippi.
rail

Barhy,

But,

bush.

buth.

bush.

91,370

OUO

25,653
177,698
J 9,500

96.381
laO.OOo

164,207

.14

13,!>35

176'.535

34936

13,V23

24.067
1,439
13,267

31,283
7,467
56.988
207.U.0
26,316
136,303

383,328

142, 19.^

506

1,462
1,200

607.195
10.0W3
119,200
6s3.466
1,197.305
9.O03
502,1.0
2.2-4.538
2.586,990

96.520
18.973

221,379

...*.-

232 225

13.7(10

4', 1(10

55.019
14,308

8,«35
10.924
20,317
619,103
123,533
192.46J

5.958
4,500
5.S18

37.132
47 U't
78
2

Toronto

OaU,

bush.

38'.674

2,160..591

Cincinnati

Oorv,

501,766 1,191,848
65,294 383,12s
33.000
15,000
639,:i77
10.^73
3.333,952 579.298

•2,113

300,291
5-7,408
79.910

54,822

226.215

57031

205,533
60 134
t0,830
4.561
118,878
7,815

95,011
59.f00
294.371

12.8'21

9.703
1.559

436
15,556

2*'?Zi
696
69.974
48,200
163.860

.

220,M7 181.014
232,356
189,333

Bush.
437 918
379,871

1883.

iug. 23 10

OnlaUe
Ouoanal

Rye

Wheal,

bbtt.

The receipts of
week endea Oct.

25, (<>-

On. Kingdom
Continent
i.*C. Am...

On

Flour,

—

endifia
Oct. Id..
Oct. 11..
Oct. 4..
Sept. 27.

Bush.
679. 88(

498,408

139,69s'l, 178.318

1S»4.

Albany
BaSalo

173,721.015
lake and river

The rail and lake sliipments from same ports
weeKS were:

Buth.

Bbls.

{4.230
3,205

Wheal,

9.'.,4ll.7.'.0

Week

1883.

1883.
Week.
Crt. 20.

18.

O.l.

follows:

43,188,813

IB
105,095

()cl.

1834.
Week.

1883.
Week,
Oct. 20.

13.

supply of grain, comprising the stocKs in granary
at the principal points of accumulation at lake and seaboard
porta, and in transit by rail and water, Oct. IS, 18W, was as

Tfeek

1884.
bbls.

Aug.

The

137,230,194

from Western

Oct.

Fionr

45,495,520
55,976,0y0
29,931,985
3,410,138
2,413,461

Oct.

8,541

157.4141

Total

1880-81
7,194,165

1881-82.

6,303,494

Com.

16,927
14,694
51

82

. .

The comparative shipments of flour and grain from the same
ports from Dec. 24, 1883, to Oct. 18, 1884, inclusive, for four
years, show as follows:
Pionr

20.

JfTour.

161,089
203,783

3,980
4.169,472

add the

715

6i»3.869

20,301,318

58,651

We

to our previous totals we
By adding this
have the following statement of exports since September 1,
this season and last season:

1,801,999

40 402,39)

133,209;

week's movement

95.108
4.000
16.373

112.437
21,000

2,346.287

Oct.

Bbls
IC 6,003

an.Klni;.
Ooutin'nt

Hxvorts since

23.211.<'37

15fl

18.

Oct.

1884.
Week.

1883.
Week,

1884.
Week.

to—

8,503

2,184.1*1

'92.G13

135,549:

Wheat.

Flotir.

Bi;..

221.330
813,314
13.120
12,668

2,33j|

exports

Bush.e0U» Bluh.S6Uu BtuhSllbt Blu?l.48U»'BlUh.S61>

1193«0

Ohlouo

OaU.

1,103

9I,S05

destination of these exports is as below.
corresponding period of last year for comparison:

Total...

Com.

Wheat.

Buth.

I

10.(.28

The

i

JHour.

4i.390|

N. News.

We

BeceWt at-

Busk.

Bush.
46.060

SawToA

Bush.
118,921

rot. Oct. 18, '84.
rot. Oct. 11. '84.
Tot. Oct. 20. '83.
lot Oct. 21, '32.
rot. Oct. 22, '81.

6,148.8'<9 4.407.7:2
29,1190^10 6,H45,»07 4.1 15,895
30,30X,426 11,21.3,344 5, 19.(38
14 8'^5,3I1 3,X37,443 4 313.500
20,857 536 27,970,474 4,633.278

31,010^10

THE DRY GOODS TRADE.

Bye
buM^
67.200
1,000
1,000
12',7'2i

FEIDAV,

P. M.,

October 24, 1884.

The situation in the dry goods trade has not essentially
changed the past week, the tone of the general market having continued very quiet. There was a sprinkling of ne«r-by
jobbers in the market, but their purchases were very moder-

44',90i

Total week .. 356.563 2,266.870 345.957
9S9,885 182,821 126 822
Cor. week '83.. 316,410 1,238,104 1,91?3,672 1,024,885 140,278 130.028

1,441,834 807.849
I,l02.6v4 960,065
'..6 !'," 91 2,311.373
2.06-.133 813,719
L'.523,603 1,201,865

were also present in increased force,
operations were conducted with extreme caution; a

ate; wliolesale clothiers

but their

w

.

THE CHRONICLE.

470
demand

limited

1

by mail and wire was

for small re-assortments

XXXIX.

rvoL.

Hf'avy clothing woolens ruled quiet, and cloakingg

seasons.

movement from first and stockinettes were sluggish; but a fair business was done
in Jersey cloths.
Flannels and blankets were jobbed in fair
The jobbing trade was hardly
quantities, but the demand at first hands was quite moderate.

likewise apparent, but altogether the

liands was conspicuously light.

up

to expectations, the weather having been unseasonably

mild, and therefore unfavorable for the distribution of

heavy

Reports from most parts of the interior

fabrics.

<5ate a sluggish condition of business,

ment

many

and but

little

indi-

improve-

anticipated until after the Presidential election.

is

Domestic Cotton Goods.

—The exports of

cotton goods for

the week were 3,830 packages, including 881 to Great Britain,
5O0 to Arabia, 340 to Hayti, 253 to China, 252 to Argentine

EepubUc, 147

to Venezuela, 133 to Brazil, 118 to

The demand

&c.

for plain

and colored cottons

Worsted die=s goods continued quiet, but there was a steady
small parcels of plain and plaid all-wool suitings and
sackings. Hosiery was in moderate request but shirts and
drawers, also fancy knit woolens, ruled quiet and unsettled.
Foreign Dry Goods were dull and featureless in the hands
of importers, and sluggish in jobbing circles, but prices of
the most desirable fabrics are fairly maintained by importers.
Some large lines of silks and velvetj were sold at auction, but
brought rather low prices.
call for

;

San Domingo,
at first hands

Importations of Dry Good*.
The importations of dry goods at this port for the week
the ending Oct. 23, 1884, and since January 1, and the same facts

wras chiefly of a hand-to-mouth character, and light in
for the corresponding periods are as follows:
aggregate amount, while the jobbing trade was of strictly
Southern
three-yard
ijioderate proportions. Some large lots of
sheetings, however, were sold by means of very low prices,
E

was a rather better demand for cotton flannels. Print
cloths were fairly active and steady, on the basis of S'oC. for
64x64s and S^^c. for .5(5x603, at which figures there were coneiJerable transactions in both "spots'' and "futures" to January. Prints ruled quiet and ginghams were dull.

«nd

there

Cloths.— The following shows the course

PiiiNT

of

the

market during the week:

§

^i
tr

O'tC

o

Vtti^

c

o

iiiiil

1

1-',

Ifrif

3

5

'
i

(t*

UI-I

i

o

*-o

i

i

2

.

X

to *.

•

:

:

:

Cotton

E
c

5

:

Wool

..

S

'.

I

»

«
r
;....©

:'•£.

Bi

T

:

§:

•

00

Bilk....

Flax..

1

•

:
I

.

:
I

^
OT to to r-

^

U'OT

O'

<t-

—

h-©-l^lO
ai

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-::

-

^

0*
#.

©tc 0'
©©
10 © to W M

f ^1

C%*l©iJ

g

on
D'

*-"

-1 c;

ifc.

--

(:

g
1
S
Q

lO

SALES or

MABKET.

COTTOX

BXCHAXGE

Tone.

Price.

325

Dnll.

.Sattardsy.

Eull.

-Konday..]

Bull.

S'23

Dull.

TB«d»y.

Dull.

£25

Dull.

Wed'day.

S-.o

Dull.

D:ill.

j

-Thursday

8-:5

Dull.

<

-I

November. December. Total.

Octohsr.

Tom.

FtrrtTRES.

Futures,

Spot).

Dull.

Price
Sales

...
....

Price
Sales

....
...

Price
Sales

....

....

Price
Sales

....
....

Price
Sales

...

....

Price
Sales

Price 8- 15
Sales 2,000

....

Price
Sales

Price
Sales

.

Price
Sales
Price
Sales

....

....

—

oc-*».

O-IO

O

00 CO

O

:.

J-

-

:.i

cvxc:'rcb

M XOjC*'-'

>->

i- i)'

_i

if^'J

CO

a-j

r-

*^ ;/Tj' tc --x)
31 r X' *J

^
O

.-.

CiC^A

....

Total..

315

Doll.

Doll.

Price
Sales

....
...

Price
Sales

....

..

ro

....
...

2.000

1

Oito

w^ to *.
W X to J)

;

;

Tuesday, 3'15

;

r

I-Ci

M

kb.»^

Ot

avf

X3

a

Domestic Woolen Goods. — Spring woolens for men's wear
have met with more attention from the wholesale clothing
trade, but the actual business done was disappointing to holdhaving placed orders with a degree of caution

seldom witnessed at the outset of the season. Fair-sized
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 former

CommcvciJtl Cavils.
ESTAni/lSHED
EL'GEXE

R.

Sears
STATIONER

B. F.

to

Cole,
&
AND
PBINTER,

fioppUes Banks, Bankers, Stock Brokers and CorfiOTntiona with complete outflts of Account Booke

Ko.

1

will

have their

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H^IVI>-I300Ii

BABCOCK&CO.

Alexander

OF

Railroad Securities

CO.,

JULY,

&

Cargill,
COTTON BROKERS,
AUOfJSTA, GEORGIA.

Brown jWoodSc Kingman

--tnOrf*.

M

"TV

-J-

/J

BABCOCK BR0TUKU8 it
50 Wall stkket.

WILLIAM STREET,

©

t-i

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5
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a
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3

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X © © Oi
WO r © u

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Beoolve conF*iKnments of Cotton and other Produce
»od execute orders at the ^.TChunKes In LiTerpooI
Kepresented In New York at the ofllce of

rirANOVKR SQITARR.)

Pi

CD

1-

fi-

"'I

COMMISSION MERCHANTS,

or.

-ji*

W X to ©
0- X M - ©

i

O

X
K

17 Water Street, LIVERPOOI.,

wndStat ionery.

Off" New concerns orfmnizlnff
-^en promptly executed.

cc-o

Ci9.^ -00

a>0tton.

1855.

COLE, Sneccssor

-I

»
m ,X
X O
o
n i-i

t^i~lt-'

y CS 3 -J
n - a*
COWI^<-'
w IJIC
WO o
^•Q*^ai>t^

2,000

Wedues-

;

ers, clothiers

J*

OiW

to

>

•£)

ODi)

Transferable Notices—Satur.lay, .3'15; Monday, 3'15
day, SIO Thursday, S' 10 Friday. 310.

QD*X
f7'

QD

....

Price
Sales

....

t-<

Oi©©**'*''
p0t4;Nlj-

I-*

to

Wrlday....?

0-3

X
n

B

S

OCX - to M to
m »^^ © *- W
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w h-i—
M
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MX tOCCOD>f-:0
o *• w c: *- *- O -J
a
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-4

....

Price
Sales

....

.

....

Price
Sales

....

Pr:ce
Sales

....

..

15

OD

»-'

*c

t^-l-'OCf

rts

2,000

...

Price
Sales

....

" -1

1884.

DE.S€RIPT10N IXCOME
PRICES; DIVIDENDS.
;

;

Entire attention piven to purchaao of COTTON
Price ill Red Leather Covers, - - $1 Oft
SEI-I.INT, AGKNTS KOH
TO OUDER for SPINXERS and EXPOUTERS.
Oco. H. Qllbcrt Kirg. fio ,
75
To Subscribers of the Chreuicie,
COHRESPOXDENCE SOUCITKI).
-XrSinirton mUlH,
Preoman ITTrg. Co.,
REFERExrEfi.— NtttioniU Bank of Anjzuatrt, Ga.
Kcurrew mi'u:. Co., JTuiiiom Phillips, Jr. Henry
IIclz & Co., Commls.^ion Merc-hiints, New
l''it<-lil>iirix %V'orslo<l <^o.,
York; Willtnm B. Uanu & Co.. I'roprii-tors CommeutriLIiIAIH B. DANA & CO.,
«:c«rge Atliilnry, Continental inills, ciAL
& Financial Cukoniclk, and other New York
liiiifolu Mills.
Uousea.
79 & 81 WILLIAM STRKET. NEW YORir
1EO6TON, 31 Bedford Strc.t.
(OWoith street, and
SALE.
i^rwYonkf*^
1AM.W
\OKkJ35 *
^ 37 Thomas Street.

OFFICE
CARPETS.

38

m

RrE DE

I.A ROITRSE:,

Chronicle Volumes
SINCE 1870.

HAVRE

Any office
at

poasessiiin

I

hcM' v.Mi.ues sin elBTObaa

hand tor conveiiienl reference a conip.

Pa

liable Hnancial history of the period

Before bu.vlns

yo;ir Oniiitn. I.lnn'eiini. Oil
Cloilis or Miitllni-'s, o:ill at BIi>'DAl,l.'.S
•Cmrpct Store, 114 Fulton St., IwseniLiit
flu-T. Cljiiiiitsi I'luc c
iheiitv. If notcou•veaKnt to call, scud for caiiiplea.
...

FOR

F. Hoffmann,
COTTON BROKER AND AGENT

Waldron

r

&

ihemore recent volumes can obtain

Tainter,

M'J«*siS.97BP£diIIL!;<!STBEET.

HI

..t the
nrnlsbed.

lishers irnot

OTT OX MERCHANTS,
nit

cttU

79

be

ejtrlier voInnie>.

V ILI.IAni

&

Bi

B.

MlLLiAM

fr

te
ies

t

and rehavuiK
pub

a the

or cj uplete seta

DANA &

,STKliliT,

CO..

N J^V^VORK

:

TOBKH

ST),

THE CHRONK'LF!

1884.]

if

|uBut*»tice.

lusttvaucje.

The United
OFFICE OF THE

Henry Hentz & Co.,
COMMISSION mi:rciia.nts

States Life

Insurance Co.
THB CITV OP NEW YORK,

IN

ATLANTIC

<ifi;ottoit.

8 South William Nt., New York.
BXECUTK OUOKI18 KOK KUTt'KB bKLiriRt

Mutual Insurance Co.,

atthoNEW roKK. UVRKPOni. A.ND

Broadirar, New York.
T. U. BROSNAN. Preildent.
C. P.F>Ai.EiaH.8eo'T. A. WUKEi.witiauT. AutB«c

NEW TOEK.

II. BunroKD, Actiurrthe I.«iiisiutura of this State this Companjr's charter was «o amended in 188S that hereafter
all the profits shall belontt to the pollor-boldert ex-

Oco.

clusively.

The Tnietpes. In coiifoiiiilty to the Charter of
the t^ompiui}-, submit the following Statemcn!
of ItB Hfliilrs ou the 3lHt Doceiiiber, 1883:
Preiutnnia on Murli.e Klsks from
iBt January, 1883, to 3Ut Do^,168,053 10
cemhor. K^Sa
fieuiluniB oil PoUivies not marked
offlst January, lh83

$5,708,185 63

Total Murine Premiums

All form

olf

from Ist

January. 1 883. to 3lBt Ueoem$1,260,429 93
btir, IS33
I<08sc«

during the same

i>al(l

period

$850,080 7C

penses

The Compuny has the followini^
Unltfii Stiiri^s ai d State of New
York Stock. City. Bank and

of Tontine Policies Issued.

New Insurance Written.
Insurance In force

.

.

.»2 SOO.WIO 00 ».5.231,ooo 00
IB.TilO.tXK) 00 1»,H0H.(RX) 00

B,aW,21248

6,U6,814««

87 per cent.
deslrluK to represent the rom§any. are Invited to mUlress J. 8. OAKl'NEY,
uperintendent of Afiencies. ut llome Ofice,

BOAllll

*

IC.XrilA.XOM

or TUAOK.

COHREHrOM>K\T»
Edwards

it

Cotton

Co.,

Liverpool.
Mtissrs.

Bamuel

aU8TATl-8

II.

Bnck k

C. ilOI'KINB.

N«w Orieauk

Co..

IIorKIKS

l.t'CirH

CUAItl.KH

1).

MiM.EIt.

& Co.>

Hopkins, Dw^ight

COTTON
COMMISSION MERCHANTS,

47!i.923 OS
Pajmcnta to policy-holders 45H,fl7« 48
luciease In new business written In 1883 over 1883.

STREET,
NEW YOEK.

134 PEARIi

No.

GOOD AGKNTS,

OBDEBS rO»

CONTBACTS KXCCUTZD IV

FtTTl'KE

KIW yuRK

$8,666 795 00

otherwi-e
Beal Ki-tute and Claims due the
Ouiiinmy. cstiu.aUd at
Pri-mlum Notes and BiUa Uo-

l.P.'ie.^OO

425,!

00

A.NU LIVEUPOOI.

i-ehai.lf

Bauk

Sa.i.VlO G

BIX PER CENT INTEREST on the outstanding eertilleatts of profits will bo iiaid to the holders thereof, or their Uxal rcpresen'atives. on
and after Tuesday, the Fifth of February uext.

THE CUTSrANDING CERTIFICATES

A DIVIDEND OF FORTY PER CENT

t..

-

w

$101,148,248 25

A. C.

Nos. 2

150

& 158 Broadway, New

New

01'

iuioiiuution and HKeucies.
II. SruKliS, President.
U. Y. WEMPLK. Sijc'j-. J. L. HALSEY. 1st V. Pres
N. fcTEBIJlNS. Aty. II. H. STOlCES, lid V. Pros.

^tcamsMps.

M.H.re.

Charles U. Uussell,

James

I^jw,

band

Lane,

Uordou W. Burnham,
A* A. Raven,

Wm. Sturtfis,
Beni.imiu II. Field.
Jusiah U. Low,
William E. Dodge,

Mluturn.
Charles II. Marshall,

Boijt. B.

John LILott,
J.imes G. Do Forest,
Charles D. I.evericb,
William Bryce,
William II. FoKg,
Thmuaa B. Coddlngton.

Horace K.Thurher,

Koyal Phclpa,

William Degroot,

C.A. Haffd.
John I>. Hewlett.
^Mlluiiu H. Webb.

John

N. Defltoii Smith,

ChailcB

William H. Macy.

1'.

Burdett,

JOHN

D.

L. Kiker,

President,

ClIABLES DENNIS,

Vice-President.

W. U. H. .MOORE, 2d Vice-President.
A. A.

RAVEN, 3d

VlaePrcsldoii

STONE STREET, NEW YORK.

&

Sawyer, Wallace

Co.,,
COMMISSION MERCHANTS,
No. 18 BROADW^AY.

&

Co.^

Between

NKW YOUK

James F. Wenman & Co.>

CO.

COTTvIN liKOKER-S,

aud HAVUE;,

No. 113

run Pier (new) 4^, North

Itivor, foot of Morton St.
'iruvt'lL'r^ by thus liieuvoid b^itlitrauttit by
iiKii^^h
FHilnay HtiO iiie ili.iCoiullors of vroiwliig the C'hunael
In a »niall boat.
Wed.. Oct. 2«. 1 P.
<JAAAl> ». Kei-sablec
I

proBptIr

l''utursa

France.
PEAHL STKEET,

Kstabllshed

On Tuntlne

N. V.

IhiUiltri«> IHIU.

M

GKKMAIN, Bonnoao
Wed.. Nov. a. 7 A M.
^Vtnl., ,Vr.v. IJ. I P. M,
|^ABKAi>uK. Col.it-r
'p.. Havre—
PmcK UF P.tSSAUK (In^liifit-

IJiliSjCuUitucous.

ST.

Kirf?t caDiM,#luOntnl fxi; si-i
iv^K, :?:(i-inuuidinH' wine, bi-ti.;
Iiini tictiet^H at vt?ry iiMiU'edi.i

H; ntuur,sus.
Uc-

BuUard

- ti Iktatjue
Tnin.suUauttque, Havre aud Pait.sUi uuiouutHtoauit.
'

119

Special Xiain Irom Ilavro to Paris.
'i'he

at Its

i

Hiivre to Pai-is, (JiitrKUKe cbockel tIirou(rb tt> Paris
williout exainni!itii>ii at Havi**. pnivtileil pa>Mt!npcr9
have the yauiu ilttlivon'd at. tbi' ( unipanv'N di*cK in
M'>rtoii StNew Yurb. Pier 4'^ Nmth Klver, t.>.'t
at least two liuiirs beloie the >l lurture ol a i*teumor.

DK BKBIAN,
No.

tt

(FOR

ito

BmjitBfc.

—CunAUai^
.

i

urtcuo MUI^*

.iMli^.

TIES.

BAGGING.
WARRE.V, JONES

JOSErHCiLLOTTS
STEEL PENS
SstrBy

BaI,1V<; ((irTON.)

IMHUKTKKS UK IHOS

Bowlliix iirven*

ST.

A.

liiroJlTEKH OF

'

GRATK

LOUIS, Mo.

Msnotaeiurars' Agents for the sale of

WORLD

LCOLDMEDAL PARIS CXP05ITION-IB7ei

NKW YOUK.
ANI> IRON TIES,.

'Ncvtns.O,""Uulon8Uir."
•Jcrsej Mills "and " Itover

A$;ciit,

ALL DE:AU:R3THRauoiiooTTHE

Wheeler,

Afzents for the followink••Hi);le.Miil.«.""Uio.ililMii

m

liOClS

&

nAIDEN LANE,

BAGGING

ompa^nlc (Joncrale Transatlantlque delivers
In New y<irk siHJ^ial train tickettt Irom

nftiu*-

tit'orge BliHs,

JONES,

4

Orders for Spot Cotton and

Direct Line to

>

Horace Gray,
Ell in mid \V. CorUes,
Adolph Lenioyne,

&

COTTON BROKERS,
125 Pearl Street, New York.

GENERAL TU.iNS ATLANTIC

J. D. Jones,
Charles Deiinl.o,

CBAHLES MATBOrF.

Dennis Perkins

jrder of tie Board,

VSTEES.

Gt-.VI)EIJ..

Liberal advaDccn mndo on Cotton conslKiuacMt»
SpcctaJ attention given to orders for contracts tmr
future delivery of cotton in Now York and lAvmpu^

.

Tit

TOX

Yorfe.

and

tried, solid, consorviit.ive, economical.
form
Dullcy— pliiiii, liberal, incontestable, noufoileitiible. Non-participalnjr, \ery low rate policies
IssiUL'd, lui well as Itie onltnary participatiuff ordinary
rate puiicies. i-iberal Burreuder values. Write for
01(1

declared ou the net earned premiuuls of the

H. VUAPJflAN, Secretarr.

Special attention paid to the e.Tecntlon of ord«»
for the purchase or sale of contracts for fntnrv d.-.
liyery of cotton. Iiibentl adTuaces inude ob

MAYIIOFF^
Life Insurance Company VON GUNI>EI.,Lr&
COTTON nUYKRS,
OF NEW TOIiK.
KIEiaPIIIS, TENR.

Compauj, for the year cudniK 31st. Deeeuiber,
ltS83, lor which ceitilkati-s will be Issued ou
and after Tueeuay the sixth of May next.

J.

IV ARE A fiiCilROEDER,
COTTON COMMISSION MERCHANTS,
POST BUILOINe,
IG & 18 Exchange Place, New T«rt.

slftnmenta.

MANHATTAN

of

the wsue of 1879 w 11 bo rcdt-cmed and paid to
the holders theieof, or their legal represeuiatlves, on and after Tuesday, the Fifih of Feb
ruary next, from whieh ilateall Interest thereon
will cease. Tiie ceriirtts-tes to be produced at
the tliue of payment and canceled.

ESDO WMKNT POLICIES

-

Co.>

XHIKTY- FOURTH YKAU. von Gundell & Mayhoff,
COTTON BROKERS,

$12,U7:i.312 47

Aiuount

YORK.

President.

Rates Lower than other Companies.
ORGANIZED APRIL 14,1842.

Assets,

&

Schroeder

SUCCKSS0118 TO

ISSVES EVEJir DESCRIPTIOX OF
LIFEii-

00 00

1,588.306 79

G.

MUTUAL NEWLIFE
INSURANCE CO. OF
F. S. "WINSTON,

Assets, vU.:

other Stotks

W. U. H.

CUICAUU

Ul«

imsi.

1888.

Lnaus secured by Stoeks and

By

NKW VOKK PHODITR

$1,901,042 33

Betunis of Premiums and Ex-

CuBli iu

at the

PROVISIONS

AKlt

CoHPAHisoN or Busmiiss roK Two yuna.

ABSots....

PremlumA mnrked

KXCtlANUH, Hl«

GRAIN
Mcfuini. Smith.

All Policies henceforth luoed are tnoontestable
any cause after three years.
Death Clatma paid at once aa soon as satisfactory
proofs lire received at the Homo Offloe.
Absolute security, combined with the largest tiberality. assures the pupulartty and success of this Co.
for

1,539.232 53

NKW OK-

I.KAN8 COTTO.V K.YCllA.NOK!*. Alaoordanfa*

By an act of

January 24, 1884.

OTTO \
COFFEE
attbeNKW YORK COKKKK
C

(OIIOANIZKI) IN 1880)

& 2«3

261, 2«2

Jnf

Kaiilip

IRON COTTON TIES'

,

1

m

THE CHRONICLEJ
©otton.

Woodward &

[October

©ott0n.
Walter T. Batch.
Kath'l W. T. Haleh.

Stillman,

W.

MERCHANTS,
Building,
IG & 18 Exchange Place
Post

INMAN,SWANN&Co

NEAV ¥ORK.
MADE ON ACCEPTABLE

IiOANS

KCURITIE8.

Cash Advances Made on Consignments.

Orders fob Contracts
FOR FUTUBE DELTVERY OF COTTON.

Jemison

New Orleans, La.

Co.,

Cotton

AKD

Co.,

BRO'S,

Factors
AND

Up-town Office, No.

Gwynn,

New

AND

BANKERS
AND

16 and 18 Exchange Place,

Co.,

AND NORFOIiK, VA.

Febgub Reid.

123

Co.,

New

& Commission Merchants
NORFOLK, VA,

Cotton Brokers

Liberal advances made on Cotton consignments.
Special attenllon given to the sale of cotton to
arrive or in transit for both forelRn and domestic

markets.

Correapondence

OF

PEAKL

ST.,

Robert Tannahill

Special attention given to the purchase
Future Contracts.

Farrar

Nevr York.

132 PEARI.

COTTON BROKERS,
No. 5 and T W^lliI<IAM STREET.
Special attention given to orders for the buying
and selling of Cotton fob Futube Deliteey.

CO.,

Wabben Bwen,

A1.A.

Company

Insurance

OF HARTFORD.
Liabilities

1,

1884

$9,192,643 80

for impaid losses

and re-Insurance fund
Capital

1,923,185 95
4,000,000 00

NET SUEPLUS

¥3,269,4S7 85
St.,

IVew Tork.

JAS. A. AliEXANDER, Agent.

North
&

British

Mercantile

Ins.

Co.

No«. 31

25 WILLIAM STREET,
YORK.
Orders in " Futures" executed at N. y. Cotton Eich.

NEW

&:

33 Broad Street,

NEW

YORK.

WALTER &KROHN,

Co.,

LONDON AND EDINBURGH.

NEW

CHAS.

E.

WHITE, SAM. P. BLAGDEN
MANAQBBa

Office,

64 TriUlam

'

St.,

New York.

G ommerdal
Cjmon Jns.K^o.
(OF ZOXDOSJ

ALFRED

COTTON BROKERS,
NBUT YORK. S 3 BEAVER STREET, NEW YORK^. Cor. Pine

COTTON BROKERS,

YORK:

Solon Humphbets. Ch'r'n, (E. D. Morgan & Co.)
David Dows, Esq. (David Dows & Co.)
E. P. Fabbri, Esq. Drexel, Morgan & Co.)
Hon. 8. B. Chittenden
Ezra White, Esq.
J J. ASTOB, Esq.

Brothers,

COTTON BROKERS,

Fellowes & Tileston,
COTTON, STOCKS, BONDS, See,

184 PEABIi STREET,

John m. Swws.

Jh.

Ewen

PUBCHABE ONLY ON OBDEBS FOB A COMMISSION

&

CO.,

William H. Beede& Co.,

COTTON BUYERS,

Geo. Copeland

NEW YORK.

,

Advances made on Consignments of Cotton. Contracts for Future Delivery of Cotton bought and
old on commisaton.

raONTGOJnERY,

$7,343,574 4«

iETNA

Jones,

STREET,

NORFOLK, VA.

COTTOrV.
&.

1884

Uuited States Board of Management,

EURE, FARRAR &

NEW YORK,

H. CL,ISB¥

&

and sale of

Liberal advances made on Cotton consignments.
Special attention given to orders for contracts for
future delivery of Cotton.

Henry M. Taber&Co.,

JOHN

1,

CHAS. J. MARTIN, President.
J. U. WASHBURN, Secretary.

OF

Liberal advances made on cotton consltniments.
Special attention given to ordera for contracts for
tntore delivery of cotton.

ST.,

Cash Assets, July

Co.,

NEW YORK.

No. 61 Stone Street,

And General Commission Merchants,

PEARL

&

UU

Reserve for Unearned Premiums
3,651,607 00
Reserve for Unpaid Losses and Claims.
360,312 42
NetSurplus
1,342,656 04

Cotton Commission Merciiants,

& Wakefield,
COTTON

141

OFFICE 119 BROADWAY.
CASH CAPITAL
J18,000,000

ORDERS FOR FUTURE COKTRACTS.

;

St.,

OF NEAV YORK.

NEW YORK.

Tuttle

84 Beaver

Orleans, La.

Company

Insurance

Assets January

Bloss,

Orders for future delivery of Cotton executed in
also for Grain and Pro-

New Tork and Liverpool
Visions in New York.

HOME

GRAVIERST.,

New

Tork.

$3,957,6-6 65

CRO^VEIil., President.
WM. R. CROWBLL, Vice-President.
PHILANDER SHAW, Secretary.
WM. CHARTERS, Assistant Secretary.
FRANCIS P. BUKKB, Secj Local Dep't.

No. 2 Cortlandt

COMMISSION I9IERCHAJVTS,
No. 123

ST., 186

Special Attektion Given to the Execctiojj

Bolicited.

Gwathmey &

PEARL

3.042,223 35
256,486 66
653,967 04

STEPHEN

Co.,

Mohr, Hanemann & Co.

Price.

&

Reserve for unearned premiums
Reserve for unpaid losses
Net surplus

WM. MOHB. H. W. HANEMANN. CLEMENS FiSOHEB.

C^

Reid

195 Broadway, New York City.
Company 1st Day of July, 1884.
CASH CAPITAL
Jl.OOO.OOO 00

Buyers of Cotton for a Commission. Orders for Fu
tnre Contracts executed in New York and Liverpool

Special attention piven to tbe execution of orders for the purchase and sale of Cotton, Grain, and
Provisions for future delivery. Orders also executed
on the New York Petroleum Exchan};e and Stock
Board. Libenil advances made on consignments. 1

Price,

and

statement of

SELMA, ALA.; MONTGOMERY, ALA.

12 OLD SLIP,
NEW TORK,

Theo. H. Price,
late of Bure, Farrar k

&

COTTON COMMISSION MERCHANTS
No. 18 William Street, New York.

YORK.

COIHiaiSSION 9IERCHANTS,
NO.

INVE3TMHNT8
CO0NTRY BANKKR3.

Office,

Cbubch Stbeet,

SO.i

COMMISSION MERCHANTS, John C. Graham

&

^••

Phenix Insurance Co.
OF BROOKLl'IV,

Y'ork.

Ordersetecutedat the Cotton Exchanges in New
York and Liverpool, and advances made on Cotton
and other produce consigned to us, or to our correspondents in Liverpool, Messrs. B. Newgaes & Co.,
and Messrs. L. Rosenheim & Sous.

COTTON FACTORS

Rountree

NASSAU STREET, NEW YORK.

merchants.

cojninissioN

EXCUANGE PLACE,
MEMBERS OF THE COTTO.V, COFFEE AND
Jemison,6roce & Co., Galveston, Texas.
PRODUCE EXOHANOES.

NEW

Hatch.

Special attention paid to

No. 40

Post Building,

if.

Sons,

BANKERS,
14

acsounts of

Montgomery, Ala.

LEHMAN

COTTON COMMISSION MERCHANTS,
No. 23 AVllliam St., New Tork.

&

&

—with Interest upon balances.

BANKERS

Fielding

T. Hatch

,^,l'"f,''Jt"E«"'
('hapel
8t., Sew "J:
Uaven
Personal attention given at the EXCHANGES to
the purchase and sale ol STOCKS and BONDS for
Cisli or on margin.
DEPOSITS KBCBIVED-subJeot to check at sight

Neiv York.

Lehman, ABBAH.tM & Co., Lehman, Dube A

&

P. Hatch.

WANTS

COTTON, ALL GRADES, SUITABLE TO
OF SPINNERS,
OFFERED ON TERMS TO SUIT.

S.

Henry
Arthtir

Branch OfpicesJt»So
A22

COTTON MERCHANTS,

BPiciAii Attestion to

E.

25, 18S4,

PELL,

Sesident Jdanagtr.

& William Sts