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TH E CHRONICLE.

O c to b er 27, 1883.]
**..... —

1

gat&jtxs aiïJtT^xokzxs.

G eo. K . Sistare’s
19

N A S S A U S T ., N E W

Sons,

F IR S T -C L A S S

§?tu k x x s
<

IN V E S T M E N T S .

Buy and Sell on Commission, for cash or on mar­
gin, all securities dealt in at the New T ort Stock
Exchange.
Interest allowed on daily balances.
All deposits subject to check at sight.
Particular attention to orders by mail or telegraph

UNITER B A N K B U IL D IN 6,
BROADWAY AND W ALL STREET, NEW YORK
DEALERS IN

^ x x fa zx s.

S tewart B rown’ s S ons,
P IN E

W m . P . H um bert & C o .,
BANKERS AND BROKERS,

Southern Securities a Specialty.

N o . 7 N a s s a u S treet, N e w Y o r k .

R andall &

W ie ru m ,

W m , p . H umbert ,
Edw ard S. B enedict.
Member N.Y. Stock Exch’ge,
Member N.Y. Produce Exch’ge.___________________

50 E XC H A N G E PLACE,

H atch & Foote,

B rokers in R ailroad Stocks and Bonds,
GOVERNMENTS & FOREIGN EXCHANGE.
Ch a s . K. R a n d a l l ,
Otto C. W eirum .
Member N. Y. Stock Exchange._________________

Simons & C h ew ,
STOCK B R O K E R S ,
i t E x c h a n g e C o u r t & £ 2 B r o a d w a y ,N .Y ,
Stocks, Bonds and U. S. Government Securities
Sought and Sold on Commission.
j a s . D. Simons ,
B ev e r l y Chew .
JMember N. Y. Stock Exchange.
Member N. Y. Produce Exchange.______

B A N K E R S , N o . 1 2 W a l l S treet, N . Y .
We make U. S. Bonds and Investment Securities a
specialty, execute orders in STOCKS and BONDS
for cash or carry the same on margin. We transact
a general BANKING business and ALLOW INTER­
EST on DEPOSITS. Branch Offices, connected by
private wire, Norwich, Conn., Gloucester, Mass., and
131 Devonshire Street, Boston, Mass.
W m . d . H atch ,
Member N. Y. StoCK Exch.

W alstori H . Brown & Bros

N o. 3 1 W A L L

BANKERS

AND

BROKERS IN
STO C K S A N D BO N D S, U N L IS T E D
S E C U R IT IE S A N D M IN IN G S T O C K S ,
No. 52 BROADWAY.
Ch a r l e s Seto n H e n r y ,

member N.Y. Stock Ex. Member N.Y.Min. Stock Ex.
_______________ DANIEL WARFIELD.______ ___________

F . M ead & C o .,

STOCK BROKERS,
80 B R O A D W A U , N E W S O R K .
Branch Office with Private Wire at 23 West Twenty
Third Street.
Buy and sell on commission for investment or on
margin, all securities dealt in at .the New York Stock
Exchange.
R. R. LEAR.
I. F. MEAD,
T. H. CURTIS.
Member N. Y. Stock Exdb.

W o o d , Huestis &

C o .,

31 PIN E ST., NEW Y O R K ,
B A N K E R S AND B R O K E R S,
SUCCESSORS TO

WOOD

&

D A V IS .

Execute orders in aU securities listed at the New
York Stock Exchange. ■For Sale,
F ir s t -Cl a s s R a il r o a d F ir s t

m ortgage

S E C U R IT IE S .

City, Railroad, Gas, Electric Light and MisoeUaneous
Stocks and Bonds_________ _

Read & Stafford,
B A N K E R S

AND

B R O K E R S ,

M i ll » B u i l d i n g , N e w Y o r k .
All securities dealt in at the New York Stock Ex­
change bought and*sold on commission for cash or
upon margin.
J. E. R e a d .

06

Co .




Nederlandsch Indisehe
Handelsbank,
AM STERDAM , HOLLAND.
E stablished in 1863.
P a id -U p C a p it a l, 1 2 ,0 0 0 ,0 0 0 G u ild e r s
( $ 1 ,8 0 0 ,0 0 0 G o ld .)
HEAD OFFICE IN AMSTERDAM.
Agencies in Batavia, Soerabaya and Samarangr
Correspondents In Padang.
Issue Commercial credits, make advances on ship­
ments of staple merchandise, and transact other
business of a financial character in connection with
the trade with the Dutch East Indies.
B L A K E B R O T H E R S & C O .,
AGENTS FOR NORTH AMERICA,

AMSTERDAM,

The

( o l I i j 'i s .ß o u D E p j S J

ejv^ i n s

,

H O LLAN D

— B A R K E R S 2 5 f l N £ § T. Purchase and sell on Commission GOVERNMENT
and RAILROAD BONDS and STOCKS, and all
classes o f Securities dealt in at the NEW YORK
STOCK EXCHANGE, or all reputable Securities
bought and sold In the OPEN MARKET. LOANS
and COMMERCIAL PAPER negotiated. Interest
paid on DEPOSITS, subject to check.

o

o

d

City

Bank,

H E A D OFFICE, T H R EADN EED LE ST.
BRANCHES :
I Tottenham Court Road
Paddington,
f ,
| Aldgate,
l Old Street,
London.
The Bank, while conducting the general business
Of London Bankers, gives special attention to the
Agency of Foreign and Colonial BanKs.
A. G. KENNEDY. Manager.
THE
Bond Street,
Ludgate Hill,
Knightsbridge,
Holbom,

t t f

JVtsl^sflau
£ o .

R A N K E R S
5 8 B r o a d w a y , co r. E xchange P la ce , N. Y
B ran ch Office, 1 2 8 L a S alle St., C h ica g o.
TRANSACT A GENERAL BASKING BUSINESS,
INCLUDING THE PURCHASE AND SALE OF
STOCKS AND BONDS FOR CASH OR ON MAR­
GIN. BUY AND SELL INVESTMENT SECURI­
TIES. INTEREST ALLOWED ON DEPOSITS
SUBJECT TO CHECK AT SIGHT.
P. O. Box 447.
D A. BOODY,
C. W. McLELLAN J r
REUBEN" LELANn.

W . F. St a f f o r d ,

W m . E l l im a n .

Ellim an,

S o lic it accounts and agencies of Banks, Railways,
Corporations, firms and individuals, upon favor, able terms; also ordefs for the purchase and
sale of Bonds, Shares, &c., &c., on Commission
on the Stock Exchange.
N eg otia te Railway State and City Loans and
Issu e Commercial Credits available in all parts o f
the world.

IS

BANKERS,
U N IT E D R A N K B U I L D I N G ,
1 8 W a l l S treet. N e w Y o r k .
W a l l S treet, C o m e r B r o a d w a y .
—Railroad bonds a specialty.—
STOCKS, BONDS <& COMMERCIAL PAPE R.
—Investors are invited to correspond.—
Stocks and bonds bought and sold on commission at
■—Information cheerfully given.—
—Fourteen years’ membership in Stock Exchange.— New York stock Exchange. Advances made on busi­
»
—-Order? by mail solicited and promptly attended to, ness paper and other securities,

Buttrick

C o .,

N. Y. Correspondents—Messrs. B la k e Bros. & Co.
W A L L
S T R E E T ,;
N ew Y o rk ,
Transact a General Banking Business, including
the purchase and sale of STOCKS and BONDS for
(L IM IT E D ,)
cash or on margin.
B u y a n d S ell I n v e s tm e n t S e c u ritie s.
LONDON, E N G L A N D .
P. O. BOX 2,647.
u th o r iz e d C a p ita l, - - - - - £ 4 ,0 0 0 ,0 0 0
A. M. K idder . W a y l a n d Trash . H. J. Morse. A
S u b scribed C ap ita l, - - - - - 4 ,0 0 0 ,0 0 0
W. C. h il l .
P a id -U p C a p ita l, - - - - - 1 ,0 0 0 ,0 0 0
R e s e r v e F un d, £ 5 0 0 ,0 0 0 .
N o.

_________ Member New York Stock Exchange

C. A . B u t t r ic k .

Brothers &

LONDON, E N G L A N D ,

R A N K E R S
AND *
C O M M IS S IO N M E R C H A N T S ,

B A N K E R S ,

ß

IN V E S T M E N T

ja n k e r s .

A d o lp h Boissevain & C o .

lO O C t.

GEORGE C. WOOD. C. H. HUESTIS. L. M. SWAN

£ 1 E x c h a n g e P la c e .

% ? Q x z iQ u

18 W ALL STREET, NEW YO R K .

B o n d s.

Schuyler N . W arren & C o

................................ .... 8 3 0 0 ,0 0 0 .
BUFFALO, N. Y .
This bank has superior facilities for making col? n all accessible points in the United
States, Canada and ilurope. Liberal terms extended
to accounts o f bankers and merchants.
Correspondents .—New York, National Shoe &
Leather Bank ;*London, Union Bank of London.

28 STATE STREET. BOSTON.

H e n ry Bros. & W arfield ,

I.

BRO KERS,

Y ork.

SPECIAL ATTENTION GIVEN TO THE NEGO­
TIATION OF
R A IL R O A D S E C U R IT IE S .

D o uglas H e n r y ,

STREET,

Refer to Messrs. Fisk & H a t c h .

BANKERS,
N o . 2 0 N a s s a u S tree t, N e w

W m . b . K en dall .

dCcUcfa 8c

W alsto n H . Brow n .
F r e d . A . Br o w n
H erber t P . Brow n .

C A P IT A L ,

Blake

STREET,

NEW YORK.
Stocks and Bonds bought and sold on Commission.

R a ilro a d & M iscellaneous Secu rities.

Sh e r m a n s .J ewett ,P res. J oslah J ewett ,V-Prei
W illia m c. Cornwell , Cashier.

Bank o f Buffalo,

Earl & D ayton ,

N o. 38

W iv x li

g a u k sw g te m

B A N K E R S AND
B R O K E R S ,
55 TO 59 DREXEL BUILDING,
N ew Y o r k .
STOCKS AND BONDS BOUGHT AND SOLD
STRICTLY ON COMMISSION.

A . Lancaster & C o .,.
BAN KERS AN D BROKERS,

m xä

W m.M. EARL,Memb. N. Y. St’ck Ex. G. H. Sta y n e r ,
A. H. D ayto n .
Special.
A. H. Mure .

YORK,

DEALERS IN

K.

111

~

‘Vnglo-Californian Bank
(LIMITED).
L O N D O N , Head Office, 3 A ngel Court;
¡A N F R A N C IS C O Office, 42.2 California, St.
V E W Y O R K Agents, J. & W. Seligman & Co.
SOSTON Correspond’ts, Massachusetts N. Bk.
A u t h o r iz e d C a p it a l, - - , - $ 6 , 0 0 0 , 0 0 0
P a id -u p C a p it a l, - - - - 1 , £ 0 0 , 0 0 0
3 5 0 ,0 0 0
R eserve F u n d , - - - ' - rransact a general hanking business. Issue ComBrcial credits and Bills of Exchange, available in all
,rts of the world. Collections and orders for Bonds,
ocks, etc., executed upon the most favorable terms
FRED’K F. I-OW,
m l Managers.
1GNATZ STEINAART, JManagerB*
P. N. LILIENTHAIi, Cashier.-

Bank o f Australasia,
(INCORPORATED 1835.)
T k r e a d n e e d le S t., L o u d o n , E n g l a n d
PAID-UP CAPITAL, £1,200,000.
NDIVIDED PROFITS (including Guarantee and
Reserve Funds), £479,376.
f
Letters of Credit and Drafts issued on the 110
anches of the Bank in the Colonies of Queensland,
eW South Wales, Victoria. South Australia, Tasmala n d New Zealand. Bills negotiated or sent for
Election. Telegraphic Transfers made. Deposits
eeived. in London at interest for fixed periods on
rms which
at the office,
rms
YVUiva may he ascertained
atty STCT/RV Secretar«.

TH E CHRONICLE.

iv
^

Jos. M . Sh o e m a k e r .

Bankvereenigirig,
B . W . B L IJ D E N S ^ E IN & CO.,
. . . .

'g Z U U S V frV iK ìX ÌK ^ K X i k t X S .

HOLLAND.

E st a b l is h e d 1861.

Subscribed Capital, 8,000,000 —Guilders ($3,200,000.—)
Paid-Up Capital, 7,861,700 — “
($3,144,680.—)
Reserve Fund,
1,258,874 34 “
($ 503,550.—)
H e a d O ffice, A m s t e r d a m .
BRANCHES
L on d o n —EXCHANGE & INVESTMENT BANK.
B. W. B l ij d e *îste in & Co. ■
Nos. 55 & 56 Threadneedle Street, E. C.
Paris—A n c ie n n e M a is o n L eon & D r e h e r ,
COMPTOIR DE CHANGE, L im it e d ,
112 Rue de Richelieu.
R o tt e r d a m -D E WISSEL- en EFFECTENBANK.
PnscheA e—B. W. BLIJDENSTE1N, JB.
A lin e lo -LEDEBOER & CO.
Transact a general Banking and Commission Busi­
ness in Bills, Stocks, Shares, Coupons, &c.
N e w Y o b k Co r r e sp o n d e n t s

M essrs. K N A U T H , NACHOD & K Ü H N E

C A P I T A L (p a id u p ), - - - $ 1 ,5 0 0 ,0 0 0
SURPLU S,
$ 6 7 8 ,0 0 0
H. S. HOWLAND, Pres’t. D. R. WILKIE, Cashier
H E A D O F F IC E , TO R O N TO .
BRANCH ES:
St. Catharines, Port Colbome, St. Thomas, Ingersoll,
Welland, Fergus, Woodstock, Winnipeg, Man,,
Brandon.
Dealers In American Currency & Sterling Exchange.
Agents in London :
I Agents in New York:
BOSANQUET, SALT & CO., BANK

Gzow ski & Buchan,
AND

BANKERS AND STOCK BROKERS,
1 3 4 S O t lT H T H I R D S T R E E T ,

P H IL A D E L P H IA .
Dealers in all issues of United States Bonds. Invest«
ment Securities a specialty. Correspondence invited
and full information upon financial subjects furnish«!

E.

W.

OP MONTREAL,

73 Lombard Street.
I
59 Wall Street.
Promptest attention paid to collections payable in
any part of Canada.
.
,.:
Approved Canadian business, paper discounted at
the Head Office on reasonable] terms, and proceeds
remitted by draft on New York. _________________

BANKERS

N o.

STOCK B R O K E R S,

T O R O N TO , CANADA.
Prompt attention given to Collection of Commer
cial Bills and Canadian Funds on all points in Canada ;
American and Sterling Exchange, and Stocks, Bonds,
etc., bought and sold.
Correspondents—Bank o f New York. New York;
and Alliance Bank. London.

B A N K I N G C O R P O R A T IO N .
CAPITAL (paid-up).................................... $6,250,000
RESERVE FUND...................................... 3,500,000
HEAD OFFICE, HONG KONG.
The Corporation grant Drafts, issue Letters of
Credit for use of Travelers, and negotiate or collect
Bills payable at Bombay, Calcutta, Singapore, Saigon
Manila, Hong Kong, Foochow, Amoy, Nlngpo,
Shanghai, Hankow. Yokohama, Hiogo, San Francisco
and London.
A . M . T O W N S E N D , A gen t, 4-7 W illia m St.

No. 3 3 South Third Street, Philadelphia.
DEALERS IN CAR TRUSTS AND OTHER IN­
VESTMENT SECURITIES.
Stocks and Bonds bought and sold on Commission

Narr

E . W u th m an n & C o .,
BREM EN, GERM ANY.

(iamtliatx gjattkcm

& Estabrook.
CON GRESS

STREET,

BO STON .
MEMBERS OF TH E NEW Y O R K AND
BOSTON STOCK EXCHANGES.
ALSO,

D e a le r s I n M u n ic ip a l, S tate, R a il r o a d
a n d U n it e d S tates R o n d s .

Bank o f D eposit,
Bank o f M ontreal.
C A P IT A L , SURPLU S, -

-

- $ 1 2 ,0 0 0 ,0 0 0 , G o ld .
<•$ 5 ,7 5 0 ,0 0 0 , G o ld

C. F BMITHERS, President.
W. J. BUCHANAN, General Manager

._________B A N K E R S .

NOS. 5 9 & 6 1 W A L L S T R E E T .
w

LTB R W atson , ) »

A l e x ’r L LNG,

S t Devonshire & 2 0 W a te r Sts.,cor.opp.P.O
R O S T O .N .
Interest on deposits subject to eheck.
Bonds and other investments bought and sold.
Correspondence invited.
Orders executed at Boston and New York Stock
Exchanges, o f which we a re members.

F. A . H aw ley & C o .,

N EW YORK OFFICE,
t

Ì Agents.

Buy and sell Stori ng exchange, Francs and Cable
Transfers; grant Commercial and Travelers’ Credits,
available in any part o f the world; issue drafts on
and make collections in, Chicago and throughout the
Dominion o f Canada.

Perkins, D upee & C o .,

N o. 4 0 ST A T E

OF

Bank

CANADA.

C ap ital, * • • $ 5 ,7 0 0 ,0 0 0 P aid Up.
Reserve, - • - - - - ■ $ 1 ,1 5 0 ,0 0 0
President, ANDREW ALLAN, Esq.
Vice-President, ROBERT ANDERSON, Esq.
H E A D O F F IC E , M O N T R E A L .
GEORGE HAGUE. General Manager.
J. H. PLUMMER, Assistant General Manager.
BANKERS:
LONDON. ENG.—The Clydesdale Bank (Limited.)
NEW YORK—The Bank of New York, N.B.A.
The New York Agency buys and sells Sterling Ex­
change, Cable Transfers, issues Credits available in
all parts o f the world, makes collections in Canada
and elsewhere, and issues Drafts payable at any o f
file offices of the,bank in Canada. Every description
of foreign hanking business undertaken. '
N e w Y o r k A g e n c y , N o . 6 1 W a l l S treet.
HENRY HAGUE, .
' ) A „ _ t/
JOHN B. HARRIS, JR., j Agents.
a g e n c y

B

a

o f

n

or

t h e

k

.

B ritish N orth A merica,
N o. 52

W ALL

STREET.

Buy and sell Sterling Exchange and Cable Trans­
fers. Issue demand drafts on Scotland and Ireland,
also ori*Canada. British Columbia, Portland, Oregon
Dan Francisco and Chicago.
C I R C U L A R , N O TE S issued in Pounds Sterling
available in all parts of the world.
Bills collected and other hanking business trans­
ected.
D. A. MCTAVISH,) A- Anf.
H. STIKEMAN, J AgenM'




BROKERS,
STREET,

* B O S T O N , M ASS.

L o n d o n O ffice, N o . 9 B ir c l il n L a n e .

/M erch an ts

AND

Dealers in Municipal. State and RaDread Bond«.
J o sh u a W il b o u r ,
Ch a r l e s h . Sh e l d o n , J r .
B e n ja m in A . J ac kson , W il l ia m B in n e y , J r .

Wilbour^ Jackson & C o .,
BANKERS AND BROKERS
52 W E Y B O S S E T S T R E E T ,

P R O V ID E N C E , B . I.
Dealers in Commercial Paper, Government and
other first-class Bonds and Securities and Foreign
Exchange.
Private Telegraph Wire to New York and Boston.

Parker & Stackpole*
B A N K E R S ,

No.

60

DEVONSHIRE

STR EET,

______________ B O S T O N .

C.

E.

Jackson &

C o :,

A . P. Turner & C o .,
B A N K E R S AND
B R O K E R S ,
No. 207 W ALNUT PLACE,
P H IL A D E L P H IA .

g a it im o x z

Swan & Barrett,
AND B R O K E R S ,

1 8 6 M id d le S tree t,
P O R T L A N D , M A IN E .
Dealers in Government, State, County, City and Rail­
road Bonds, Bank Stocks, &c.
Desirable Investment Securities constantly onhand

g a tx k crs.

J. W. M id d e n d o r f , W. B. Ol iv e r , C. A. A lberti
Members Baltimore Stock Exchange.

M iddendorf, Oliver & C o.
BANKERS AND BROKERS,
S . W . C o rn e r G e r m a n A S o u th S ts .,
P. O. Box 897.
B A L T I M O R E , M d.
Special attention given to the negotiation of For­
eign Bills of Exchange, Collateral Loans and Com­
mercial Paper.
INDICATORS AND TELEPHONE IN OFFICE.

Robert Garrett & Sons,
•
N o.

BANKERS,
7

SOUTH

ST R E E T ,

B A L T IM O R E ,
TRANSACT A GENERAL DOMESTIC AND
FOREIGN BANKING BUSINESS.

W ilso n , Colston & C o .,
BANKERS AND BROKERS,
B A L T IM O R E .
INVESTMENT and SOUTHERN SECURITIES a
specialty.
Correspondence solicited and information fu inished.
N. Y. Correspondents—McKim Brothers & Co.

Wm.

Fisher &

Sons,

B A N K E R S*,

A n d D e a le r s In G o v e r n m e n t s , S to c k s
a n d I n v e s t m e n t S e c u ritie s,
Opposite Second St ,

3 2 SOUTH S T RE E T,

B A L T I M O R E ,
M D ,,
Have Western Union wires in their offices, by
means o f which immediate communication can be
had with all commercial points in the country. Es­
pecial attention given to purchase and sale of Vir­
ginia Consols, Ten-forties, Deferred and all issues
o f the State, and to all classes of Southern State,
City and Railway Securities. Correspondence so­
licited.
^ o n t h z x n

C o .,

BANKERS,
M I D D L E T O W N , C O N N .,
Buy and sell Government, State, Municipal and
Railroad Bonds and Stocks.' Investments for Sav­
ings Banks a specialty. Collections made._________

BANKERS

B. H ill &

Buy and sell all classes of Western Pennsylvania
Securities. Correspondence solicited.

(Formerly Ch a s . À . Sw e e t & Co.),

BANKERS

& Gerlach,

B A N K E R S AND B R O K E R S ,
No. 322 CHESTNUT STREET,
P H IL A D E L P H IA ,
AND N o. 3 KCENIGSTRASSE, STUTTGART.
Orders executed by private wire in New York, Bos­
ton and Baltimore.
Drafts issued on all principal points in the United
States and Europe.

P I T T S B U R G , P A .,

BANKERS,
35

C o .,

BROKERS,

Brewster, Cobb

No.

Clark .&
B A N K E R S ,

H o n g K o n g & Shanghai gjj/eur gtxfllatxfl gjatxkerg. ~G eo.

BANKERS,

Robert M. j a n n e y

Imperial Bank o f Canada. Jos. M . Shoemaker & C o .

D e T w entsche

AM STERDAM ,

^ v c v ik zx s

Œ m ia  ia tx

% m x \ iz x s .

o x z ìq u

[VOL. X X X V ll,

g a t x lt jo r s .

T h os. P. M iller & C o .,
BANKERS,
M O B IL E , A L A B A M A . Special attention paid to collections, with prompt
remittances at current rates of exchange on day of
payment. Buy and sell State of Alabama and City
of Mobile Bonds.
Correspondents.—Bank of the State of New York
New Y ork; Louisiana National Bank, New Orleans;
Bank of Liverpool, Limited. Liverpool.
E. B. burruss , Pres’t.

4 A. K. w a l k b r , Cashier

First N ational Bank,
W IL M IN G T O N , N. C.
Collections made on all parts of the United States

TH E

O ctober 27> 1883. j
g & u ify z x u

% 'itn \ iz x $ .
P. A . WILEY,

W. T . BLAeKWELL,

Cashier.

. President.

T h e Bank o f

D urham ,

D U R H A M , N . C .,
*

C ITY

BANK

OF

H OUSTON,

C A P I T A L , $ 5 0 0 ,0 0 0 ,

H ouston,

Texas.

W e give special attention to collections on all
accessible points.
D ir e c t o r s —Benjamin A. Botts, Pres’t; F. A.Rice,
C. C. Baldwin, W. B. Botts, Rob’t Brewster, S. K.
McHhenny, B. F. Weems.
B. F. WEEMS. Cashier. BENJ. A. BOTTS.Pres’t

M E R C H A N TS’

N A T IO N A L

BANK,

R IC H M O N D , V IR G IN IA .
Collections made on all Southern points on best
terms; prompt returns.
JOHN P. BRANCH, President.
J ohn F. Glenn , Cash. Fred . R. Scott. Vice-Pres’t

THOM AS BR AN CH

&

CO .,

BANKERS AND COMMISSION MERCHANTS.
R IC H M O N D , V IR G IN IA .
Virginia Bonds funded under the Funding Act
passed by the last Legislature, for H per cent commis­
sion. New North Carolina 6 per cent bonds, secured
by lien on the State’s stock in the North Carolina
Railroad, for sale.
W m . C. Co u r t n e y . Pres. E r n e st H. P r in g l e , Cash

BANK

OF

CH ARLESTON,

N a t io n a l B a n k i n g A sso c ia tio n

C H A R L E S T O N , S. C.
S p e c ia l A t t e n t io n

g iv e n to

W tx sU x n

Co llection s

"B m ilw x s.

N . W . Harris & C o .,
INVESTMENT
No.

Q xu st

( £ o m p '< x u U s .

U nited States Trust C o.
OF N E W YORK,
No. 49

W ALL

STREET.

C A P IT A L A N D SU R P LU S, $ 5 ,0 0 0 ,0 0 0

W ith ample means, and facilities excelled by no
Bank in the State, invites correspondence and pays
special attention to collections._____________________

TH E

CHRONICLE.

BANKERS

This company is a legal depository for moneys paid
into court, and Is authorized to act as guardian or
receiver of estates.
INTEREST ALLOWED ON DEPOSITS,
which may be made at any time, and withdrawn after
five days’ notice, and will be entitled to interest fpr
the whole time they may remain with the company.
Executors, administrators, or trustees of estates,
and females unaccustomed to the transaction of busi­
ness, as well as religious and benevolent institutions,
will find this company a convenient depositor for
money.
JOHN A. STEWART, President.
WILLIAM H. MACY, Vice-President.
TRUSTEES
Dan. H. Arnold, James Low,
John H.Rhoades
Thomas Slocomb, W. W. Phelps, J. B. Williams,
Charles E. Bill, D. Willis James, Anson P. Stokes,
Wilson G. Hunt, John J. Astor,
Chas; H. Bussell,
Wm H. Macy,
John A. Stewart. Robt. B. Mintum
John J. Cisco,
S.M.Buckingham Geo. H. Warren,
Clinton Gilbert, H. E. Lawrence, George Bliss,
Daniel D. Lord, Isaac N. Phelps, John C.' Brown,
George T. Adee, Erastus Corning, William Libbey,
Samuel Sloan, jS. B. Chittenden,
JAMES S. CLARK. Second Vice-President.
HENRY L. THORNELL, Secretary.
LOUIS G. HAMPTON, Assistant.-Secretary

T h e Brooklyn Trust C o .
Cor. o f Montague & Clinton sts. Brooklyn, N. Y.
This Company is authorized by special charter to
act as receiver, trustee, guardian, executor or ad­
ministrator.
It can act as agent In the sale or management o
real estate, collect interest or dividends, receiv
registry and transfer books, or make purchase and
sale of Government and other securities.
Religious and charitable institutions, and persons
unaccustomed to the transaction of business, will
find this Company a safe and convenient depository
for money.
EDMUND W. CORLIES, Vice-Pres’t.
TRUSTEES:
John P. Rolfe, Chas. R. Marvin, Henry K.Sheldon
E. F. Knowlton, Josiah O. Low, John T. Martin,
H. E. Pierrepont, Alex. McCue,
Edm’d W. Corlles
Alex. M. White, A. A. Low,
Fred. Cromwell,
Henry Sanger,
MidPl Chauncey, C. D. Wood.
WM. H. MALE, Secretary.
JAS. R. Cu rran . Assistant Secretary.

76 D E A R B O R N STREET,
C H IC A G O , I L L .

M etropolitan Trust C o .,

D A N T T l C ! State, County, City, Town, School,
L U l i 1 / D j and Car Trust.Bought and Sold.
The funding o f entire Issues receives special atten­
tion. Write us if you wish to buy or sell.

Mills Building, 35 W all St., New Y ork .
P A I D U P C A P I T A L . $ 1 .0 0 0 .0 0 0 .
Designated as a legal Depository by order of Su­
preme Court. Receive deposits of money on interest,
act as fiscal or transfer agent, or trustee for corpora­
tions and accept and execute any legal trusts from
persons or corporations on as favorable terms as
other similar companies.
THOMAS HILLHOUSE, Presides.
FREDERIC D. TAPPEN. Vice-President
WALTER J. BRITTIN. Secretary.

M ontana N ation al Bank,
HELENA,

M.

T.

U N IT E D STA TE S D E P O SITO R Y.
$ 2 5 0 ,0 0 0

C ap ital,

C. A . B r o a d w a t e r , Pres’t. A . G. Cl a r k e ,V .-Pres’t.
E. Sh a r p e . Cashier.

T H E

C O M PA N Y L IM IT E D ,
(O F L O N D O N , E N G L A N D ),
Transact a general Financial and Agency Business in
the State of Texas and Europe.
New York Correspondents:
C. E. WELLESLEY,
B l a k e B r o s . & Co.,
General Manager,
Wall Street.
Da l l a s . T e x a s .
Dl G. FONES, 5 STATE BAN K, ) C. T, WALKER
President.
( Incorporated 1875.)
Cashier.

Germ an Bank,
L IT T L E R O C K , A R K A N SA S.
C a p it a l ( P a id in ) - - - $ 2 5 0 ,0 0 0
Prom pt attention given to all business in our line.
N , Y. Co r r e sp o n d e n t s .—Donnell, Lawson & Co'
and’the Metropolitan National Bank.

Eustis

&

C o .,

BROKERS

W m . W . T h o r n t o n , Cash

W . F. THORN TO N &

SON,

(Established 1859,)
B A N K E R S AND B R O K E R S ,
SH E LB YV ILLE , ILLINOIS.
Collections made in Shelby and adjoining Counties
and Proceeds remitted on Day o f Payment.
REFERENCES—National Bank of Coinmerce.New
York. Union National Bank, Cincinnati. Third
National Bank, St. Louis. Traders’ Bank, Chicago.
Indiana Banking Company. Indianapolis.
ESTABLISHED 1871.

P.

F.

K E L E II E R A




No. 179 BROADWAY, NEW YORK.
Officials of Banks, Railroads and Express Compa­
nies, Managers, Secretaries, and Clerks of Public Com­
panies, Institutions and Commercial firms, can obtain
BONDS OF S U R E T Y S H IP
from this Company at moderate charges.
The bonds o f this Company are accepted by
courts o f the State o f New York.
CASU ALTY D E P AR TM EN T.
Policies issued against accidents causing death or
totally disabling Injuries.
Full information as to details, rates. &c., can be
obtained at head office, or of Company’s Agents.
W m . M. R ic h a r d s . PreBi. ;io h n *i . owanji, o e c’y.
R ob ’t J. H il d a s , Ass’t Secretary.
DIRECTORS:
Geo. T. Hope, David Dows,
W. G. Low,
G. G. Williams. A. S. Barnes,
Charles Dennis,
J.S.T.- Stranahan,.H. A. Hurlbut, Alex. Mitchell,
A . B. Hull,
J. D. Vermilye. S. B. Chittenden
Geo. S. Coe,
Wm. M. Richards.

Safe D eposit & Storage C o
346 A 348 B road w ay,
Cor. of Leonard Street.
NEW YORK.
Receives for safe-keeping, UNDER GUARANTEE,
Bonds, Deeds,Wills and other valuable papers: Silver­
ware, Jewelry, Paintings, Silk Goods, Old Business
Accounts, &c. .
S afes to r e n t f r o m $ 1 0 to $ 2 0 0 p e r y e a r .

S afe D eposit V aults
OF

T h e N ational Park Bank,
OF 'NEW YORK,
Sc 2 1 6 B R O A D W A Y .

214

ENTRANCE

TH R O U G H

R u c t i o n

NO OTHER BUSINESS.

G u a r a n te e

C o*

OF NORTH AM ERICA.
Cash Capital....... ............ .
........................$300,000
Cash Assets............................... ................ 400,000
Deposit with Insurance Department............. 214,000
Président:
Vice-President:
Sir . a Lux. T. Galt .
H on. j a s . F errier .
Managing Director: Edw ard Raw lings .
NEW YORK OFFICE:
N o. 1 7 8 B R O A D W A Y .
D. J. TOMPKINS, Secretary.
New Y ork Directors .—Joseph w. Drexel, A. L
Hopkins, H. Victor Newcomb, John Paton, Daniel
Torrance, Edw. F. Winslow, Erastus Wiman.

TH E

BANK.

ü a T c s .

S T O C K S and

BONDS

A t A u ctio n .
The Undersigned hold R E G U L A R AUCTION
SALES o f all classes of

STO C K S

AND

B O N D S

ON

WEDNESDAYS AND SATURDAYS.

A D R I A N H . M U L L E R & SON,
-No. 7 PINE STREET. NEW YO R K .

% \ w x stm zn ts.

ü p x u ia l

Investors A tten tio n .
$200

TO

SEVEN

$ 2 0 ,0 0 0 .

PER

CENT

Sem i-Annual In terest N et to In vestor.
S E C U R IT Y A B S O L U T E .
First Mortgages on Improved Property in Kansas
City, and good farms in Kansas and Missouri, worth
from three to five times the amount of the loan. For
particulars and references address,
H . P . M O R G A N , G en eral A g e n t,
No. 3 Custom H ouse St., P ro vid en ce R . I., Or
J A R V I S , C O N K L I N Sc C O ., B r o k e r s ,
KAN8AS CITY, MO.

A lb ert E . H achfield,
P IN E

STREET.

B o n d s a n d In ve stm e n t Securities
W A N T E D :
Grand Rapids & Indiana Bonds.
Indianapolis & St. Louis Bonds.
Joliet & Northern Indiana Bonds.
Rome Watertown & Ogdensburg 1st and 2ds.
Terre Haute & Indianapolis Stock.
Elizabeth City Bonds

WM.

C.

N O YES,

No. 21 NASSAU STREET,
dealer

CITY
G

in

R A IL W A Y
A

S

S T

TRUST

O

C O .’ S

TELEGRAPH
Ronds of Suretyship.

CO.,

805 OLIVE STREET, ST. LOUIS,
D e a le rs l a W e s t e r n S e c u ritie s.
Defaulted Bonds of Missouri Kansas and Illinois a
Specialty. Good Investment Securities, paying from
4&to 10 per cent, for sale.
permission, Clark
Dodge & Co., 51 Wall St.; Hatch & Foote, 13 Wall St.
References in St. Louis, Banks generally.

M ANHATTAN.

8 Sc 1 0

The

C IN C IN N A T I, O H IO .
T h o s . M. T h o r n t o n .

(to m ym n U s.

F I D E L I T Y & C A S U A L T Y CO .,

Texas Land & M ortgage

G eorge

^ x w x u tiu l

J fS lë Q z p o s x î Œ o m p tx u iz s .

STOCKS,
C

K

S ,

STOCKS,
STOCKS,

R a n k S to ck s, In su r a n c e S to ck s.
THE

W ESTERN

F a r m M o r t g a g e C o .,
L A W R E N C E , KANSAS,
Offers to investors the best securities in the market
FIRST MORTGAGE LOANS UPON IMPROVED
FARMS. Interest and principal paid on day of ma­
turity in New York. Funds promptly placed. Large
experience. No losses. Send for circular, reference*
and sample forms. S’. M. PERKINS, President; J. T.
WARNE, Vice-Prert.; L. H. PERKINS, Secretary.
CHAS. W . GILLETT, Treas. N. F. HART Auditor

Fred.

H.

Sm ith,

STO CK AND BO ND B R O K E R ,
20 B R O A D STREET, NEW Y O R K

JU S T IS S U E D .
New Statistical Map of Mexico, 44x70 i n ......... $7 00
New Railroad Map of U. S., 72x84 in................ 15 00
New Railroad Atlas, 102 pages.......................... 10 00
Have Maps of every variety and Map Cases.
Send for Illustrated Catalogue.
J . L . S M I T H , P u b lis h e r .
Six t h & Chestnut Sts .. PHILADELPHIA PA

R a ilro ad

Securities a

Specialty.

Intimate knowledge of all for past fifteen years.
Information cheerfully given. Investors or dealers
wishing to buy or sell are invited to communicate!
All stocks dealt in at New York Stock Exchange car­
ried on margins.

THE CHRONICLE,

m
g p e tiu l

% \ w & stn u u ts.

% u U x c stt

<^eo. H . Prentiss & C o .,
N o . 11 W A L L S T ., N E W Y O R K ,
AND

«08

M O N T A G U E S T ., B R O O K L Y N ,

GAS

STO CKS'
AND

GAS
stre et

S E C U R IT IE S ,

R a ilro ad

Stocks

and

B onds

S E C U R IT IE S

DEALT

IN .

SEE GAS QUOTATIONS IN THIS PAPER.
-G eo . H . P r e n t iss ,

w

. W . W alsh.

Member N. Y. Stock Exchange.

Car Trust Bonds.
WE MAKE A SPECIALTY OF THESE VERY
-SAFE SECURITIES, AND BUY AND SELL SAME
A T MARKET PRICE.
WE OFFER A LIMITED AMOUNT OF DESIR
ABLE CAR TRUST ISSUES, ADDITIONALLY
SECURED BY THE DIRECT OBLIGATION OF
T he R A I L R O A D E Q U IP M E N T (COM PANY

PO ST,

M A R T IN

&

CO., -,

N o. 34 PIN E STREET.

N . T . Beers, J r.,

N E W

St r e e t , N e w Y o r k .

For the purpose of holding a Special Meeting of the
Stockholders of this Company, at the office of the
Company in Montreal, on the 5th day of November
next, at.twelve o’clock, noon, the Stock Transfer
Books will be closed at three o’clock, P. M., on Satur­
day,Oct 27th, and will be re-opened at ten o’clock, A.
M., on Wednesday the 7th day of November next.
J. S. KENNEDY & CO.,
______
-____________________ Transfer Agents.
L A K E S H O R E & M IC H IG A N
SOUTHERN RAILW AY CO.,

NEW YORK.

H . L . Grant,
No,

145

R R O A D W A Y ,
NEW YORK

V

C I T Y R A IL R O A D STOCKS & B b N D S
BOUGHT AND SOLD.
See quotations of City Railroads in this paper.

g n U x jc st,

g ix r itlm tis,

T r e a s u r e r ’ s Offic e ,
)
G r a n d Ce n t r a l D e p o t , >
N e w Y o r k , Sept. 26,1883.)

The Boai d of Directors of this Company have this
day declared a QUARTERLY DIVIDEND of TWO
PER CENT upon its capital stock, payable on
THURSDAY, the FIRST DAY OF NOVEMBER
NEXT, at this office.
The transfer-books will be closed at 3 o’clock P. M.
on TUESDAY, the 2d day of Oct. next, and will be
reopened on the morning of Monday, the 5th day of
November next.
F. W. "VANDERBILT,
____________________________ Acting Treasurer.
T H E S T . P A U L M IN N E A P O L IS
&
-M A N ITO B A RAILW AY COMPANY, No. 63

S T R E E T ,

S e e.

W il l ia m St r e e t ,
N e w Y o r k , October 5,1888.
The usual Quarterly Dividend of TWO PER CENT
has this day been declared on the capital stock of this
company, payable at this office on and after Nov.
1,1883, to stockholders of record on that date.
The stock transfer books will he closed at 8 o’clock
P. M. on Saturday, Oct. 20. and will be reopened at 10
o’clock A-. M. on Friday, Nov. 2.
JOHN S. KENNEDY, Vice-President.

F IC E OF P U L L M A N ’ S P A L A C E
h o f f ic e
o f T e x a s c e n ­
O FCAR
COMPANY, CHICAGO, ILL., Oct. 18. 1883.
Br a n cRAILW
AY CO., H
, T
, Oct.
DIVIDENDS NOS. 66 AND 67.
22,1883.—Coupons of First Mortgage Bonds of this
tral

The usual QUARTERLY DIVIDEND (No. 66) of
TWO DOLLARS Per Share from net earnings, and
an extra dividend (No. 67) of ONE AND ONE-HALF
DOLLARS Per Share, out of the manufacturing
profits for the fiscal year ending July 3R 1883, have
"been declared, both payable on November 15,1883,
to stockholders o f record at the close o f business
November 1,1883.
Transfer books will close November 1 and re-open
November 16.________A. S- WEINSHEIMER, Sec.

T H E S T . P A U L M IN N E A P O L IS &
^MANITOBA RAILW AY COMPANY, 63 W IL­
LIAM St r e e t , N e w Y o r k , October 25,1883.
The Semi-Annual Interest due November 1,1883,
on the Dakota'Extension Bonds of this Company»will be paid on and after that" date on presentation of
the proper coupon at this office. JOHN S. KENNEDY, Vice-President.
J ^A K E E R IE & W E S T E R N R A IL ­
W AY COMPANY, NEW Y o r k , Oct. 23, 1883.
Coupons maturing Nov. 1 from first mortgage bonds
Of the LAFAYETTE BLOOMINGTON & MUNCIE
RAILW AY COMPANY will be paid, when due, at
the Metropolitan National Bank.
B. G. MITCHELL, Treasurer.
\TORTH ERN

P A C IF IC R A IL R O A D

J-i COMPANY, T r e a s u r e r ’ s o f f ic e , 17 B r o a d
S t r e e t , N e w Y o r k , October 12,1883.

Coupons of the.MISSOURI D1 VISION BONDS of
this Company, due November 1st proximo, will be
paid upon ¡¡presentation at this office on and after
that date.
ROBERT LENOX BELKNAP,
__________________________ Treasurer.
r& F F IC E O F T H E O R EG O N A N D
V /T r a n s -CONTINENTAL CO., New Y ork , Oc­
tober 22,1883.
The Coupons o f this Company’s First Mortgage
Trust Bonds due Nov. 1, 1883, will be paid at the
office of the Farmers’ Loan & Trust Company
-on and after that day.
C. A. SPOFFORD. »
_____ Assistant Secretary. ’
OF T H E OREGON R A IL ­
O FWFAIYCSENAVIGATION
COMPANY, New Y
,
ork

October 22,1883.
- The Interest Coupons of the Company’s Scrip,
series A, B and C, due Nov. 1,1883, will be paid at
the office o f the Farmers’ Loan & Trust Company on
ond after that date.
T. H. TYNDALE.
Assistant Secretary,




ffitr a tr c ia T .

NA­

Q F F I C E O F T H E C A N A D IA N P A C r a il w a y
COMPANY, N o . 63 W il l ia m

TH E
J-

G a s S to c k s , & c .,
1

EXCHANGE

TIONAL BANK, NO. 128 BROADWAY, NEW YORK,
October 26, 1883.—At a meeting of the Board of
Directors, held this day, a dividend.of THREE AND
ONE HALF (3J6) per cent on the capital stock was
declared from the profits of the past six months,
payable on the 1st of November prox.
Transfer books, close to-day and re-open Nov. 5,
1883.
DUMONT CLARKE, Cashier.

B r o o k ly n Securities, City B o n d s ,
N o.

Sac.

IIF k lC E OF D u LLM A N ’ S p a l a c e
CAR COMPANY, CHICAGO, Oct. 18, 1883.—At * STORM K IN G B R ID G E BO N D S.
the annual meeting of the stockhholders, heldjthis
The" attention of moneyed corporations, Trustees
day, it was voted to increase the capital stock not ex­ and investors is »invited to the 40-year 6 per cent
ceeding twenty per cent, to be issued at the discre­ .bonds of the Highland Junction Railroad Company.
tion of the Board of Directors, who subsequently re­
This is the firs# instance in which the securities of
solved to issue ten per cent thereof as follows :
a bridge across thé Hudson River have been offered
Stockholders of record on November 1,1883, will to public subscription.
have the option until December 1,1883, to subscribe
An examination of the prospectus will satisfy the
for such stock at par, to an extent not exceeding oneconservative that they are beyond doubt the
tenth o f their holdings of record on said Nov. 1.1883. most
desirable investment now attainable in this
Payment to be made on or before Dec. 1, 1883, at most
market.
which time full-paid certificates will be issued for
As
the
Highland Junction Railroad will form the
each payment, excluding fractional shares. Blank connecting
link between-the New England States and
forms of subscription and all information relating the West and
South, the investigation o f Eastern
thereto may be obtained at
capitalists is specially requested.
Farmers’ Loan and Trust Company, New Fork.
New England Trust Company, Boston.
W IL L IA M P O L L O C K ,
The company’s office, Chicago.
A . S. WEINSHJ3IMER, Secretary.
BANKER, 25 PINE STREET.
rJ ^ H E A M E R I C A N

AND ALL KINDS OF

BROOKLYN

g ix r iÄ jm ü $ t

[VOL. X X X V II.

ou ston

exas

company due Nov. 1,1883, will be paid by JOHN J.
CISCO & SON, No. 59 Wall Street, New York.
E. W.- CAVE, Treasurer.
F IC E O F T H E P E N N S Y L V A N IA
OFRAILROAD
COMPANY, 283 SOUTH F

St r e e t .

.

ourth

PHILADELPHIA, OCTOBER 18,1883.
Proposals will be received by the undersigned
until three o’clock P. M. of Friday, the thirtieth day
o f November next, for the purchase of $2,500,000 of
the five per cent registered bonds of the Steubenville
& Indiana Railroad Company, the principal and in­
terest payable at the agency of the Company, in the
City of New York, being part- of a loan of $3,000,000
of first mortgage' bonds of the said Company, ma­
turing January 1st, 1884, but extended for thirty
years from the date of their maturity, with interest
payable January 1st and July 1st of each year.
These bonds,are secured by a first mortgage upon
the line of road from Steubenville to Newark, in
Ohio, 117 miles, including the Cadiz Branch of 8
miles, making a total of -125 miles. The Steuben­
ville & Indiana Railroad forms part of the line of
the Pittsburg Cincinnati & St. Louis Railway
Company, extending from Pittsburg, Pennsylvania,
to Columbus, Ohio, 193 miles, and, including the
Cadiz Branch, 201 miles; which company has a full
paid capital stock of $8,437,200; consolidated mortgage
bonds, $6,863,000, and second mortgage bonds, $;-,500.000, as a subsequent lien to the bonds herein re­
ferred to. exclusive of the bonds of the Holliday’s
Cove Railroad Company, $120,000, and the Colum­
bus and Newark Division bonds outstanding, $134,000, making together $254,000.
The net earnings of this line in 1882 were $1.403,560, of which the proportion due to the Steubenville
& Indiana Road would be $872,860, while the inter­
est upon its first mortgage bonds as extended, which
is a first lien upon these earnings (except the inter­
est upon the $254,000 of bonds above referred to),
wpu , t>e only $160J 00, thus showing that the secunty offered by these bonds is of the highest and most
substantial character.
•Ti1?,.pittsi)urS, Cincinnati & St. Louis Railway,
with the various leased and controlled lines operated
in its interest, forms th.e southwestern system of
roads controlled by the Pennsylvania Railroad Com­
pany, by which it reaches the cities of Chicago, Cin­
cinnati, Indianapolis, Louisville and St. Louis.
A payment ot ten per cent will, be required upon
the acceptance o f the proposals, the balance on or
before the thirty-first day of December next, and
i£ eA ?llJ ery tde bonds will be made as soon after
that date as practicable.
w»
Should proposals be received in excess o f the
f.mou it o f bonds offered, the same will be distributed
pio rata, but the right is reserved of rejecting any
or all of the bids.
JOHN D. TAYLOR, Treasurer,

BO N D S.
New York Lackawanna & Western 6s, 19 21.
guaranteed b y Dela. Lack. & West. RR.
Ohio & W est Virginia 1st 7s, 1910.
Northern Pacific Terminal Co. 6s, 1933.
St. Paul & Northern Pacific 6s, 1923.
New Y ork Chicago & 9t. Louis Equipm ent 7s.
FOR SALE B Y

S E E D
52

&

H U R U B U T ,

W IL L IA M

STREET.

Francis Smith & C o .,
In d ia n ap olis, In d ., & Ticksbu rg, M iss.

BROKERS
IN

M O R T G A G E
W r it e

for

LOANS.

Cir c u l a r .

F O R S A L E —F ir e I n s u r a n c e S to c k s .
Shs.
Shs.
Shs.
10 Continental. 100 Germania.
50 National.
25 Eagle.
25 Guardian.
10 New York.
100 Firemens’
19 Home.
27 Niagara.
29 Frank.&Emp. 42 Kniekerb’ek’r 100 Phenix.

J . P . W IN T R J N G H A M ,
G AS, IN SU RAN C E, B A N K STOCKS,&C.
SECURITIES BOUGHT AT THE AUCTION SALES.

3 6 P IN E S T R E E T , N. Y .

E.

S. B a i l e y ,
7 P IN E S T R E E T .
HEALINGS IN

I N S U R A N C E

S T O C K S

A

S P E C IA L T Y .
Cash paid at op ce for the above securities ; or they
will be sold on commission at seller’s option._______

R . T . W ilso n & C o .,
BANKERS AND COMMISSION MERCHANTS
2 E x c h a n g e C o u r t, N e w V o r k

Central Trust Com pany
OF N E W YORK,
1 5 N a ssa u S t., C o r. o f P in e S t.

C A P IT A L , $ 1 ,0 0 0 ,0 0 0 in U. S. B onds.
W i t h $ 1 ,0 0 0 ,0 0 0

SU R PLU S.

Allows interest on deposits, returnable on demand,
or on specified dates.
Is a legal depository for money paid into Court. la
authorized to act as Executor, Administrator, Guar­
dian, or in any other position of trust.
Also as Registrar or Transfer Agent of Stocks and
Bonds, and as Trustee for Railroad Mortgages.
HENRY F. SPAULDING, President.
FREDERICK
P. OLCOT'l’, )') vlf!e_Prei,vdent*.
B. B. SHERMAN,
vlce-uresiaent*.
C. H. P. BA BCOCK. Secretary.
GEORGE SHERMAN, Assistant Secretary.
BOARD OF TRUSTEES.
Class of 1884. Cl a ss .of 1885 Cl a s s of 1888.
8. D. Babcock, David Dows,
A. A. Low,
Fred’k H. Cossitt, I. N. Phelps, George W. Lana,
Jac’bD. Vermilye Jno. Thorne, Benj. B. Sherman,
Wm.AUen Butler Amos R. Eno, J. Pierpont Morgn*
Percy R. Pyne, Gust’v Schwab Chas. Lanier,
W m. H. Appleton J. P. Wallace, George I. Seney.
Edm. W. Corlies, JosiahM.Fiske Chas. G. Lando*
Geo. MacC.Miller, H.F.Spaulding Wm. H. Webb,
Cornelius N. Bliss J. S. Kennedy, Fred. P. Oleott.

Spencer Trask.
S p e n c e r

Geo. F. Peabody.
T r a s k

&

C o .,

Bankers,

70 Broadway, New York City.
Transact a General Banking Business
B ranch O ffices .

Connected by private wires.
P h il a d e l p h ia , 132 S. Third St., C. F. Fox
A l b a n y , N. Y ., 65 State St., W. A. Graves
P r o v id e n c e , R. I., 13 Westminster St.
Saratoga , N ,
Grand Vni?n Hotel.

;

H U N T ’S
;

/

'

E E P R E S E N T IN G

'

THE

M ERCH ANTS’

$

W

*

*

M

b

. §

« w

M AG AZIN E,
-

^ a p e * ,

I N D U S T R I A L A N D “C O M M E R C I A L I N T E R E S T S

OF

THE

U N IT E D

NO. 957.

SA TU R D A Y, OCTOBER 27. 1883.

V O L. 37.

hauled

C O N T E N T S .

and re-written.

S T A T I S ».

The head lines for the titles o f

companies in the rem arks o f the S upplement have b een
TH E CHRONICLE.
T h e Investors’ Supplement . . . 433 M onetary and Commercial
English N e w s............ - - ........437
Tue Financial Situation............433
The P e d in e in Stock V alu es.. 435 Comm ercial and'M iscellaneous
N ew s............ ............................. 439

set in fu ll faced type, and the im provem ent m ade in this*

TH E BA N K E R S’ GAZETTE.
M oney M arket, Foreign E x Quotations o f Stocks and
change,U .S. Securities,State
B o n d s .... . . . . . . . . . . . . . . . . . . . .
and R ailroad Bonds and
New Y ork L ocal S e cu rities....
Stocks
•- ........... 440 |R ailroad Earnings and Bank
R e tu r n s...................................
Range in Prices at the N. Ÿ .
Investm ents, and State, City
Stock E xch an ge ..................... 441
and Corporation F inan ces..

has been completed as far as page 62 in the present n u m ­
44/
443
444
445

.
TH E COM MERCIAL TIMES.
Commercial E pitom e
— . . 448 I Breadstufts.. . . . . . . . . . . — ....... 454
C o tto n ........... .............................. 449 |D ry G oods............ ......... - ..........455

respect can not fail to be appreciated b y every person whQ^
has occasion to refer to its pages.

Th e work o f revision

ber, and will be continued, and probably finished/ in thfti
D ecem ber issue.

Subscribers are requested to observe

the difference in style between the pages from 15 to 62 ,.
and the subsequent pages 63, &c., where the revision ha&
not yet been made.

.Attention is also invited to the larger/

space and m ore extended inform ation and statistics g iven
in the remarks pertaining to the m ore prominent railroads,,

©Itfovxitlc.

such as A tch ison Topeka*& Santa Fe, Chicago B u rlin g ­

T he

C o m m erc ial a n d F in a n c ia l C h r o n ic le is published in ton & Quincy, Chicago M ilwaukee
N e w Y o r k e v ery S a tu rd a y m o r n in g .
[ Entered at the Poet Office, New Y ork, N. Y ., as second-class m ail matter. I & Northw estern, &b., &c.

The long-continued depression
TERM S OF

S U B S C R I P T I O N —P A Y A B L E

IN A D V A N C E :

For One Y ear (including postage .............. - - ........ ...............$ 10 20F or Six Months
do
................................... 6 1 0 *
Annual subscription in London (including postage).......... ¿ 2 7s.
Six mos.
do
do
do
...........' T 8s.
Subscriptions w ill be continued until ordered stopped by a written
order, or at the p ublication office. The Publishers cannot be responsible
for Remittances.unless m ade b y Drafts or Post-Office M oney Orders.
^Liverpool Office.
The office o f the C h r o n ic l e m L iverpool is at No. 5 B row n’s Build
lugs, where subscriptions and advertisements w ill be taken at the
regular rates, and single copies o f the paper supplied at Is. each.
A neat file cover is furnished at 5 0 c e n ts: postage on the same is 18
cents. Volum es bound fo r subscribers at $1 00.
W ILLIAM B. DANA & <30.. Publishers,___
NA. }
WILLIAM B. DANA
79 & 81 William Street, N E W YORK.
JOHN Q. FLOYD
P ost O ff ic e B o x 9 58 .
> s

THE

IN V E S T O R S '

in

business affairs, a n d

particularly at the Stock .Exchanges, has been such as t o
discourage publishers from any new and extra expendi­
tures o f m oney or editorial labor at the present p e r io d /
and it is trusted that the patrons o f the C hronicle will,
for this reason, m ore h igh ly appreciate the im provem entswhich have been made in the S upplement for their benefit..

THE

F IN A N C IA L

S IT U A T IO N .

The recovery in W a ll Street, w hich began last W e d n e s­
day with the corner developed
Jersey

stock, h a s

been

in the

continued

Central

during

of

this

N ew
weekr

though with daily reactions, through the developm ent o f
a similar situation in other

SUPPLEMENT.

& St. Paul, Chicago?

stocks..

The

most

notable

With- the present num ber o f the C hronicle is’ issued the feature was the m ovem ent on Saturday in NorthernI nvestors ’ S upplement . One copy of the S upplement Pacific preferred, when such a scarcity was suddenlyhas always been furnished to subscribers of the C hronicle

revealed, that the

without charge, and extra copies have been sold to them

prices was up at one tim e to

difference between

regular

15 per cent.

and cash

On T u esd a y

at one dollar per copy, while single copies o f the S u pple ­ Michigan Central also became very strong and for % /
like reason, the m ovem ent in that stock acting o f
ment were sold to others than subscribers of the C hronicle *
The price has now been reduced, and course in its turn as a source of strength to the whole list..
while subscribers will receive with their C hronicle one Since then the daily changes between strength apd weak­
copy of the S upplement as heretofore, extra copies will be ness have been just sufficiently varied to be most tantaliz­

at $ 2 per copy.

sold to them at 50 cents each, and single copies to persons ing. to the “ shorts,” irresistibly producing one o f theliveliest bear-dances often seen on the street.
,
not-subscribers at $ 1 each.
M
r.
Dinsm
ore,
in
his
evidence
in
the
N
ew
Jersey
Cen­
The S upplement to-day has an important article on pre­
stocks, which presents in brief space the tral suit, pleasantly told Mr. Gowen a day or two since, in
terms of preference on every leading stock o f this class reply to a question referring to his lawyer, that he “ did npt*
Something,
sold in N ew Y o rk , Boston, Philadelphia and Baltimore- “ intend to keep a dog and bark him self.”
ferred railroad

This

article will

' future

reference

be

found to

be worth preserving for like this spirit seems to have controlled the movements of:
the bulls this week. They have owned the stocks all along:

by all parties interested in this sort of

that were being slaughtered, lent them out freely and seen

information.
The tables o f
bonds have

railroad

been enlarged

the rem arks in connect on
m uch

extended




and

in

B ut su d d en ly
miscellaneous stocks and them used further to break the market.
they change their policy, assert their proprietorship b y
and greatly im proved, and
therewith have also been calling in their stocks one after another, and the conse?

and

m any

cases

entirely

over-

is. a Quick reversal in the position of parties. This-

434

THE CHRONICLE.

is the immediate though lesser result of the week’s develop­
ments, affecting as it does individuals only.

B ut there is

another result, a little m ore remote perhaps, in which the
disclosed

that there

r y in g

the stocks can

and

are car-

Oven were little m ore than

a conceit of the imagination.

\ vvhich was so favorable in the latter part o f sum m er and
early weeks o f fall, should

have grow n

less promising.

M erchants have little person al. interest in W a ll

Street

values now, but between those values and commerce there
-

an intimate union, and hence the harm

that has been done to
prolonged raid.

all departments o f trade by this

Th e manner in which this reaction was

brought about

has been sharply criticised, but the means employed ap­
pear to be justified by the results.
bears had

been

persistent

and

The assaults of the

reckless.

' Their

object

seemed to be to keep the m arket in a dem oralized condi­
tion, to deter purchases o f even undoubtedly good prop­
erties, and generally to unsettle confidence in all kinds o f
shares and bonds.

I f they had been permitted to continue

their course unchecked, they would doubtless have precip­
itated a crisis in the stock market which would have-been
very widely felt, not only in W a ll Street, but all over the
.cou n try.
A n d really-how unreasonable* has been the frigh t which
has

overtaken

us.

L ea v in g

out

of

consideration

the

stocks which have no intrinsic value, probably no fact has
had

so unsettling an effect on prices as the building of

n ew line» near the routes o f old ones.

N ew Y o r k Central

E rie, and the other trunk lines, are, it is claimed, worth little
or nothing, because W e s t Shore and the Delaware Lacka.
wanna & W estern B uffalo connection have been built; the
L ^ k e Shore has in like manner

lost m ost o f its value

because

with

the

E rie’s

connection

N ic k el Plate road have been built.

Chicago

We

and the

cite these roads

sim ply as illustrations, for they are like so m any others in
this particular, and yet the truth is that railroads ip this
country have

not grow n as fast as the traffic.

question o f rates, not o f tonnage.

It is a

O nly look at the follow­

in g statements o f trunk-line busiaess for eight years, the

not in

advance

o f the country’©
-

A s to the upward m ovem ent o f the week it appears t o

that railroads

I t is no wonder, therefore, that the commercial outlook,

m ust always be

the existing ones are
wants.
'

will protect their properties.

T h e country began to think that W a ll Street values were
only shadows, that bulls were myths, and

Th e exceptionally short crop®

indefinitely, and there is ev ery reason fo r believing that;

is a point in the d e ­

scending scale o f prices at which the cliques who

doubled in the six years.

o f 1881 prevented the ordinary progress in 1882, but th è
developm ent is constant, trunk lines cannot be m ultiplied

public has a far deeper interest, and that is the fact which
has thus been

[VOL. X X X V I f .

have culminated on Thursday m orning.

It is reported that,

this was due to settlements m ade by a prominent specu­
lator who was largely short
ferred

a private

o f leading stocks, and pre­

adjustment

rather than an attempt t o

cover b y purchasing in the open m arket.
noon o f Thursday realizing

sales

and

In the after­

some slight p r e s,

sure by the bears carried prices downward, but the decline
was regarded

as o f little

significance and

reaction after so sharp a rise.

as a natural

Yesterday, however, a fu r­

ther decline took place all through the list, u n d er contin­
ued realization o f profits, and the close was barely steady.
Still, it is to be rem em bered that the whole advance and
activity o f the last few days is due to speculative m anipu­
lation, and thodgh the severe lesson o f Xhe week will, it islikely, bear fruit in putting a stop at least for the present
to the reckless raids o f the bears, there is no reason t o
anticipate an active rising market.

I t is somewhat sin gu ­

lar that at this juncture the m anagers o f railroad proper-1
ties, who from their position as large owners have so much,
at stake, do not reform their methods so far as to take thè
public into their confidence.

A frank statement o f th è

financial condition o f leading properties would certainly
be welcomed b y investors and we think aid greatly in
strengthening the m arket.
classes are m ak ing

B ut until

tl^e

more m oney, we can scarcely expect

any considerable speculation.
In

this connection it is satisfactory to note that th è

Pennsylvania statement o f earnings and expenses has been
issued this week for the month o f September, and, as in
A u g u st, makes on the lines east of Pittsburg and Erie a
very favorable exhibit.

The gain over 1882 amounts t o

$ 2 1 7 ,3 9 6 in gro s^ an d $ 1 8 7 ,9 3 9 in net earnings, which isthe m ore encouraging that the gain in 1882 (over 1 8 8 1 )
had been no less than $ 6 8 2 ,5 9 6 in gross and $ 2 7 1 ,2 4 9 innqt.

The principal characteristic in the returns for th è

last two months has been the absence o f the feature which,
distinguished the months preceding— namely, a very large
augmentation in expenses.

But expenses are nevertheless-

still heavy as contrasted with form e? years.

Compare

for instance, September, 1883, with September, 1879.
this

Pennsylvania.
Years.
1875......
1870..
1377.....
1878
1879.
1880. ...
1881.....
1883....:

East of
Pittsburg.

West of
Pittsburg.

2.117.776.000 1,218,020,000
...
2.809.553.000
1.373.123.000
2.180.459.000 1.459.782.000
2.431.807.000 1.814.100.000
___________ 2.272.710.000
8.001.478.000
3.292.991.000 2.428.038.000
3.700.811.000 *2,707,827,000
3.977.280.000 *2,729,845,000
,

Years.

. Pennsylvania.

East of
P ’ttsburg.

West of
' Pittsbu/rg.

New York
Central.

rnoS. « ™ "

,

:

155,396,000
163,074,000
170,888,000
140,326,000
149,115,000
180,460,000
200,483,000
225.131.000

to

$ 4 ,6 3 4 ,9 9 8 ,

earnings
an

Have

In
risen,

increase o f about
has been

Jan. 1 to Sept. 30—
Gross earnings...................... 37,893,907 35,888,778 32,879,241 30.254,618 24,516,210
1.056,843,000 Operating expenses............... 23,817,360
22,284,277 19,483,435 17,828,309 14,823,104
l,398,77l’000
Net earnings'.. .............. 14,076,547 13,004,501 13,395,806 12,426,304 9,693,100.
1,030,831,000
980,628,000
N otw ithstanding the great augm entation in expenses,
1,023,843.000
1,215,832,000
it is gratifying to observe that net earnings are larger than
1,365,952,000
1,522.927,000 ever before.
F or Septem ber there was a break in this par­
; Terre Haute

the m arvelous grow th in the busi-

hess of the.country since 1877, the ^traffic having almost




$ 3 ,3 3 6 ,5 2 8

years gross

added to net earnings, all the rest of it having been a b ­

Y o£ CeBtral and Erie figures above are fo r fiscal year
Sei>tember 30 5 those o f the Pennsylvania are fo r calendar year.

These figures prove

o f four

$ 1 ,3 0 0 ,0 0 0 , yet of this increase only $ 3 3 2 ,0 0 0

*..uiauoi>ui 10 (V OK. uuuis alia ok. JUOU1S A

P ^ i o u s l y included,

from

period

1,016,018,000 5.758.422.000
1,040,431,008 6.397.554.000 sorbed b y additions to the expense account.
The follow
1.114.580.000 6.374.755.000
1.224.763.000 7.555.025.000 ing shows the figures both for Septem ber and the n in è
1.569.222.000 9.244.889.000
months ended Septem ber 30, for five years.
1,721,1^2,000 10.016.909.000
1.984.391.000 11,098,197 000
Lines East of Pittsbwrg.
1883.
1882.
1881.
1880.
1879.
1.954.389.000 11.118.811.000
September.
■$
$
$
$
$
Gross earnings....... ............. 4,634,998 4,417,602 3,735,006 3,647,543 3,836,528Operating expenses.............. 2,712,033 2,683,170 2,271,829 2,172,633 1,745,889)
New York
Erie.
Total of all.
Net earnings.............. .
Central.
1,922,365 1,734,426 1,403,177 1,474,910 1,590,039

344,234,000 218,279,000 338,934,000
623,208,000 259,353,000 353,130,000
298,752,000 244,344,000 316,847,000
292,725,000 247,275,000 300 302,000
814,260,000 269,515(000 290,953,000
382,787,000 321,783,000 330,802,000
448,310,000 *345,385.000* 373,768,000
496.203,000 *369,350,000 432,243,000

r°xr

Total of all.

1.404.008.000
1.074.447.000
1.819.948.000
3.084.355.000
2.341.473.000
2.578.768.000
2.705.165.000
2.457.297.000

1875............
1876..............
1877...: „ ......
1878..............
1879..............
1880..............
1881..............
1882.,...........
ended

Erie.

-

com m ercial

ticular in the years 1880 and 1881, but in the nine m onths

period the upward m ovem ent has been uninterrupted; and
in this latter period, too, the augmentation
is not quite so

m arked,

gross

in expenses'

earnings as compared.

*

THE CHRONICLE.

October 27, 1888.]

435

with 1879 show ing an im provem ent o f somewhat o ver^ O

statement, m ade up from returns collected b y us, exhibits

per cent and net an im provem ent o f

the week s receipts and shipments o f currency and gold b y
the N . Y . banks.

per cent.

a little less than 50

On the lines west o f Pittsburg the statement^

as heretofore, is not very favorable, these lines not proving
quite so profitable this year.

Week Ending Oct. 26, 1883.

The surplus (over all liabili­

Received by Shipped by
N T. Banks. N.T. Banks.
*1,484,000 **1,593,000
11,000

ties) in September amounts to as m uch as $ 3 1 8 ,5 2 2 , it is
true, but in the same

m onth o f

last year

it was over

G old .............. ................................
Total gold and legal tenders......

-$400,00 0, and way back in 1879 it was $ 3 4 5 ,0 0 0 , though
in

1880

and 1881 •it was only about $ 2 2 0 ,0 0 0 .

nine months the surplus aggregates

F o r the

three-quarters o f

a

tw o

millions in

both 1881

and 18 8 0 ; in 1879, however,
These lines

are largely dependent upon through traffic, and the sharp
competition o f late years in this class o f traffic, together
with the multiplication

o f new lines, has no doubt ad­

F o reig n exchange further declined

this

week, and to

points which beyond question justified the importation o f
gold, but yesterday the rates were

advanced

for bankers’ bills.

again

in

In addition

to the £ 1 0 0 ,0 0 0 announced last week as in transit, £ 1 4 0 ,0 0 0
m ore are now on the way.

The profits on

depend upon the character o f
upon the rate o f interest.

The above shows the actual changes in the bank hold­
from

the interior.

Sub-Treasury. A d d in g that item, therefore, to the above, we
have the follow ing, which should indicate the total loss to

these imports

the gold brought out, and

Any

urgency in

the demand

the week covered b y the

Week Ending Oct. 26, 1883.

Into Banks. Out of Banks Net Change in
Bank Holdings.
Banks’ Interior Movement, as above *1,495,000
*1,593,000
Loss. $98,000
Sub-Treasury operations, n e t ........
1,100,000
Loss. 1,100,000
Total gold and legal tenders...... $1,495,000
*2,693,000
Loss.*l,198,000

The B ank o f England return for the week shows a loss
of £ 4 0 8 ,0 0 0 bullion, and as £ 1 0 9 ,0 0 0
interior.

withdrawals o f bullion
shipment hither
the

from the Bank of
serve to stiffen the

open m arket, so that unless there

greater

activity in

m ovem ent would not be
account for the

would

m oney here the gold

stimulated.

This will probably

fact that notwithstanding the rates for

on

The

4 ,0 5 0 ,0 0 0

B ank

francs

The B ank o f

gold

importations,

paratively light.

of

gold

against cotton, which

the continent.

Bankers’ ster­

lin g was also in m oderate supply, said to be drawn against
outgoing securities ;

but

as

the advance in

the

rates

yesterday was reported to be in consequence o f a demand
fo r

bankers’ bills to

foreign

rem it for

account W e d n e sd a y

securities sold

and

reports a decrease

2 ,2 7 5 ,0 0 0

francs

of

silver.'

8 ,5 2 0 ,0 0 0

The follow in g indicates the

amount o f bullion in the principal European banks this
week and at the corresponding date last year.
Oct. 25, 1883.
Gold;

Oct. 26, 1882.

Silver.

Gold.

Silver.

&
£
&
&
Bank o f E nglan d............ 22,544,425
20,992,379
Bank o f F r a n c e .............. 38,651,399 40,702,879 38,807,564 44,772,426
Bank o f G erm a n y. . . . . . . 6,841,500 20,524,500 6,413,750 19,241,250
Total this w eek ................ 68,037,824 61,227,379 66,213,693 64,013,676
Total previous w eek....... 68,501,385 60,999,035 66,664,289 64,241,005

The

here on

Thursday, it does not

of

G erm an y reports an increase o f

m arks since the last return.

The weakness of the market was m ainly

is m oving very freely to

France

and

the m ovem ent is thus far com ­

d u e to the pressure o f bills drawn

was reported as

balance, £ 2 9 9 ,0 0 0 probably went to the

sterling during so m uch o f the week have shown a profit
on

bank statement to be issued

to-day.

a n d any large

should be even

In addition to that m ovem ent the

banks have lost $ 1 ,1 0 0 ,0 0 0 through the operations of the

withdrawn

rate for m oney in

*98,000

ings o f gold and currency caused by this m ovem ent to and

fo r fine bars would tend to advance the price in London
E n g la n d for

Loss.

the N . Y . Clearing H ouse banks o f gold and currency for

versely affected their income.

consequence o f a dem and

*1,593,000

Loss. *109,000
Gain.
11,000

'965,000 of this was transferred in the shape of silver certificates b y
a deposit of gold in the Sub-Treasury.
v

m illion this year, against over a million in 1882, and over
the surplus was scarcely m ore than $ ] 0 0 ,0 0 0 .

*1,495,000

Net Interior
■Movement.

A ssa y

Office paid

through

the

Sub-Treasury

$ 1 8 9 ,4 2 4 for domestic and $ 1 0 1 ,0 0 0 for foreign bullion

seem that m uch credit should be given to the form er state­

during the week, and the Assistant Treasurer received

m ent.

the follow ing from the Custom H ouse.

and

The follow ing shows relative prices o f leading bond s

stocks in

L on don and

N ew Y o rk

at the opening

each day.
Oct. 22.

fJ.S,4s,c.
U.S.4%s.
Brie......
2d eon.
m.Cent.
N. V. C..
Beading
Ont.W’n
St. Paul.

Oct. 23.

Lond’n N.T. Lond'n n . t .
prices* prices. prices.* prices.
121*13 12196 120-76 121%
114-57 11496 114-46 114%
27-91 27% 27-28 28%
94-18 93% 94 00 93%
126-71 126
127-07 127
113-97 11496 114-58 114%
. 25 00+ 50% 25-22+ 5096
20-87 20% 20-85 20%
94-43 94% 94-33 93%

Exch’ge,
cables.

Consisting of—
Date.

Oct. 24.

Oct. 25.

Oct. 26.

Lond'n N.T. Lond’n N.T. Lond’n N.T.
prices.* prices. prices.* prices. prices* prices.
121-49 121% 121-85 121% 121-86 121%
114-46 114% 114-58 11496 114-57 11496
29-22 29% 29-82 80
80-22 30%
94-09 91
94 09 94% 94-18 95
129-01 128% 129-73 129% 132-51 131%
116-40 117% 117-85 118% 117-78 118%
25-46+ 51% 26-06+ 52% 26-09+ 52
20-85 20% 21-58 2196 21-36 21
95-78 96% 97-97 98% 99-52 98

Oct.
“
1
«
“
“

Duties.

1 9 ...
2 0 ...
2 2 ...
2 3 ...
2 4 ...
2 5 ...

$448,362
278,598
433,519
617,802
222,378
308,291

Total.

$2,308,952 47

4-85

4*85

4-85

4-85%

$30,000 $341,000
11,000 198,000
23,000 340,000
34,000 459,000
11,000 136,000
15,000 222,000

.$65,000
58,000
60,000
109,000
63,000
66,000

$68,000 $124,000 1,696,000

$421,000

the activity in stocks and the rise in prices in
expressed

that the period

depression in W a l l Street has culminated.

M oney on call continues easy, indicating an abundant

indicated in the previous article.

although occasionally during the week the rate has ad­

which encourage the same hope.

vanced to 4 per cent, it has im m ediately fallen to about
The -movement

of

m oney

from

this centre

through the Sub-Treasury last week was m ainly to

the

South for the purpose o f handling cotton, and as ship,

Th e fact that for over two years prices have been steadily
declining, lends plausibility to the idea that every adverse
influence has already been discounted.
decline

has been

only in

O f course

speculators.

It

which gave

them their

though latterly it has abated somewhat.

1 8 8 0 -8 1 , the extraordinary crop failure o f

is easy to

this

very small part the work o f

ments of this staple have been liberal the past week the




extrem e

B ut there are others

inquiry for funds from that section has again been large,
The follow ing

of

There are not

wanting reasons for this belief, some o f which we have

supply notwithstanding the low reserves o f the banks, and

2^- or 3.

Silver Oertiflcates.

progress during the past few days, the hope has been
very generally

* E xpressed in their N ew Y o rk equivalent,
i Reading on basis o f $50, par value.

$12,000
12,000
10,000
16,000
12,000
6,000

Gold
Oertif.

T H E D E C L IN E I N S T O C K V A L U E S.
W ith

4*86%

08
23
46
83
57
30

Gold.

17. 8.
Notes.

see now the natural

power.

The

causes

severe winter

of

the sum m er

TH E CHHONICIÆ .

486
<of

1881, the

too

rapid

conversion

of

floating

capital

[V o i.

xxxtk

.

the low prices ruling in every departm ent o f business. ,

into fixed form s, largely through railroad extension, the

It is falling prices that develop the weak spots in an indus­

m ultiplication of rival railroad lines and the heavy mileage

trial system.

<of new roads in general, the railroad war then in progress,

them possible, then in a period o f g en era l distrust like

If

prices were

high'

together with the speculative fever that carried everything

the present, the future m igh t be

b efore it, made lower prices inevitable after July, 18.81.

apprehension.

A period of depression m ust surely follow such conditions-

they are low— liquidation has

Hut there is

where it scarcely seems possible for

a lim it to any downward tendency, just as

th ere was a lim it to the upward tendency, and the su gges­
tion is not without force, whether that lim it has not already
been reached.

That our readers m ay the better appreci­

and

a large fall in

regarded with

some

B u t prices are not high ; on the contrary,
forced them
them

to
to

a point

go

m uch

lower.
Then, as to the agricultural outlook, and its bearing
upon our foreign trade, there is much to encourage one to

a te how great the fall in values has been, we have pre­

take a favorable view o f the situation.

pared the follow ing table o f 24 stocks actively dealt in on

week, we have large crops o f pretty nearly every descrip­

A s we stated last

o u r Stock Exchange, show ing the fluctuations in them

tion.

since January 1 , 1 8 3 1 — nearly three years.

W e give first

but we have carried forward a large surplus from that year,

W h e a t falls short o f last year’s extraordinary yield,

the extrem e range in this period of time, with the fall in

so that the aggregate at our disposal is hardly less than it

prices which has taken place, and then the range during

was then.

the current year to date, so that it m ay be seen how much

it is a large crop, and another such crop as the last would

o f the total decline occurred in 1883.

have forced prices down to a ruinously low figure.
Highest and Lowest Prices
since January 1,1868.

Highest and Lowest Prices since
January 1, 1881.
High-

Low.

-Can. South.. •90 J a n .’81 44 Peh. ’82
Cent. Pacific. 102 % June ’81 61 Oct. ’83
Chic.& Alton ¡56 Jan. ’81 127 Aug. ’81
•Chic. B.& Q. 1821-2 Jan. ’81 115% Peh. ’83
Ch.M.&St.P. 129 % June ’81 92% Oct. ’83
Chic. A N . W. 150% Sept.’82 115% Oct. '83
Ch. R. I. & P- 148% May ’81 117% Aug. ’83
Del. L. & W . 1501-4 Sept.*82 107 Jan. ’81
íll. Central.. *150% Oct.’82 124 Aug. ’83
.IiiSh.&M.So. 135 % Jan. ’81 92% Oct. ’83
Louisv. & X. 110% May ’81 40% Aug. ’83
M ich. Cent.. 126% Jan. ’81 77 Oct. ’83
Mo. K.& Tex 54 May ’81 19% Oct. '83
Mo. Pacific.. I l l ’s June’81 85 Jan. ’81
N. Y. C ent.. 155 Jan. ’81 112% Oct. ’83
N.Y.L.E& W 52% Jan. ’81 27% Oct. ’83
North. Pac.. 54% Sept.’82 23% Oct. ’83
Prêt. ....... 100% Sept.’82 56 Oct. *83
-Ore. Trans-C 98% Sept.’82 34% Oct. ’83
Phila.&Read 74% Oct. ’81 46% Aug. ’83
Tex. & Pac.. 73% June’81 19 Oct. ’83
Union Pac... 131% July ’81 84% Oct. ’ 83
'W ahash....... 60 June’81 ■15 A u g.’83
Pref. ........ 96% May ’81 29% Oct. ’83

High. —

Fall.
46
41%
29
66%
36%
35%
31%
43%
26%
43
69%
49%
34%
29%
42%
25%
31%
44^0
64%
28%
54%
46%
45
66%

Low.

ï

71% Jan. 47% Oct.
88 Jan. 61 Oct.
137% Jan. 128 Aug.
129% Apr. 115% Peh.
108% Jan. 92% Oct.
140% Apr. 115% Oct.
127% Jan. 117% Aug..
131% Apr. 111% Oct.
148 June 124 Aug.
114% Jan. 92% Oct.
58% Jan. 40% Aug.
100% Jan. 77 Oct.
34% Jan. 19% Oct.
106% Apr. 90% Oct.
129% Mar. 112% Oct.
40 % Jan. 27% Oct.
53% June 23% Oct.
90% June 56 Oct.
89 Jan. 34% Oct.
61% June 46% Aug.
43 Jan. 19 Oct.
104% Jan. 84% Oct.
36% Jan. 15 Aug.
57% Jan. 29% Oct.

Fall

m oney value

of

The

this year’s production to the South is

likely to prove fu lly as great, if not greater, than it would
have been under another seven million crop.

The yield

24% of corn, on the other hand, is large, and oats, potatoes,
27
&c., exceed anything on record.
A n d with low prices
9%
13% prevailing for every one of these staples, our exports are
15%
W h e a t, to be sure, is not now, and
24% likely to be heavy.
9% has not for some time, been going out freely, but
20
European stocks, there is reason to believe, will soon be
24
22% worked off, and then the demand will increase.
If
17%
23% present prices are not low enough, still lower ones will
15%
have to be made.
A t some price Europe, we m ay rest
16%
16% assured, will take all the wheat we have to spare.
13%
A lread y gold is com ing this way.
E xports are to be
30
34% heavy, imports are equally certain to be m oderate, and we
54%
14% started the new fiscal year, as we said last week, 55 m il­
24
lions better off than in 1882. I f to this we add increasing
19%
21% purchases o f A m erican securities by Europeans, under a
28
more stable m arket here, the* prospect seems very fair fo r

at least moderate gold imports.

* This was with, the 17 per cent scrip dividend on.

Though this table contains a wide variety o f roads—
so m e o f the very best, in fact, on our list— there is in it
not a single stock that records

Cotton is also smaller than last year, but still

a smaller decline than 25

These general influences seem to encourage the belief in
better stock values, rather than a continuance of the de­
pression

which has lasted so long.

There is the m ore

points, and quite a few record a fall o f between 60 and 70

reason for this belief that the extent o f the decline has

points.

exceeded all just measure.

Only four did not fall to

a lower figure in 1883

There has certainly been no

than-at any other tim e during the whole period of three

warrant for so great a decline in the existing condition o f

years.

things.

It will also be observed that the fall during the

present year has

been particularly noteworthy, ranging

H av e we not therefore discounted every possible

adverse influence ?

W e are aware that prices are not as

low now as they were after the panic of

-from 10 to 50 per cent.

never

will be' as low

again.

1873, but they

The country has grow n

O f course, too . m uch cannot be predicated upon this
tab le. ~ Com m ercial affairs are not so promising now as' enormously since then, and m any roads are paying d iv i­
t h e y were, and the question naturally arises, has this dends now that could not pay anything then, and will
■depression run its course, and
frequent in the future ?

are

failures

to be less

W h ile nothing definite can be

said on this point, there are certain facts which bear a

continue to pay them, even should they be overtaken b y
another financial crisis.
These remarks are thrown out not with the expectation

example.

that W a ll Street is hereafter to experience a rapid rise in

M a n y o f the furnaces have gone out o f blast, and though

prices, but simply to bring to the attention o f the public

prices as yet show

the facts which would

hopeful

aspect.

Take

the iron

industry, for

little indication o f recovery, a point

seem to show that the business o f

i s sure to be soon reached by this process o f contraction in

depressing stock values has been overdone.

production where consumption will overtake

nothing about the future, and do not pretend to.

-and then im provem ent will be rapid.

production,

A n d as to failures

W e know
I t m ay

be that the approaching session o f Congress will have a

i n this and all other industries, while no doubt we must

bad

b e prepared to see m ore of them, the low prices prevail-

There is the tariff question to be re-opened.

i n g — in some cases below the cost

silver question, which is in pressing need of attention,

o f production— would

sseem to show that the worst have already occurred.
weaker concerns went to the wall

The

under the great depre

effect

upon

business interests,

as it always

and there is the national bank-note question, which can­
not be longer postponed.

A l l these m ay interfere with

■ciation in values that has taken place, and those that have

an early recovery

weathered the

election in 1884 would hardly help to hasten.

storm

thus far, will probably hold out in

n,ny event.
A strong point in the general commercial situation is




has.

There is the

o f confidence, which

a Presidential
It is pos­

sible also that there m ay be some further em barrassm ents
in business and railroad circles,- and that the effect of all

TH E CHRONICLE.

O c t o b e r 27, 1883.

this w ill be

detrimental to stock prices.

Yet

granting

that the worst fears should be realized in this respect, is
it not clear that we have already m ade m ore than full
allowance for such a contingency ?

BATES OF EXC H AN G E A T LONDON AN D ON LONDON
A T LATEST DATES.
E X C H A N G E A T LONDON— Oét. 12.
On—

Bate.

Time.

A m sterdam .
A m sterdam .
B e r l in ....... .
F ra n k fo rt...
H a m b u rg . . .
V ienn a....... .
A n tw e rp ___
St. P etersb’g
P aris............
P aris............
G en oa...........
M adrid.........
L is b o n .........
A lexandria..
New Y o r k ...
Bom bay
C a lcu tta .. .
H ong K ong..
Shanghai___

3 mos. 12-413 @12-5
at sight 1 2 -2q @ 12-314
3 mos. 2 0 -6 2 @ 2 0 -6 6

E XC H AN G E ON LONDON.
Latest
Date.
Oct.

Time.

Bate.

12 Short.

12-09

Oct.
Oct.
Oct.
12-12i3®12-17i3 Oct.
2 5 -4 8 % @ 2 5 -5 6 q Oct.
22l5j„ @ 2311g
Oct.
Checks 25-23%@25-28% Oct.
3 mos. 25-45 @25"50
25-48 34@25-5614
Oct. 10
46 @4816
5115ie® 52
2 0-6 2
2 0 -6 2

@ 2 0 -6 6
@ 2 0 -6 6

20v4(j
20-40
20-27
12-00

3 mos.
Short.

231932.
25-26

lS . 7»l6Cl.

Is. 79ied.

G old.—W ith the exception o f a small sum sent into the Bank yesterday
(£15,000), the demand for export has absorbed all arriva ls; and bars
and sovereigns,to the value of £ 134,000, have been withdrawn for trans­
mission to E gypt, Lisbon and India. The “ H ydaspes” has brought
£10,090, from Bombay, and the “ K hedive” has taken £ 2 ,0 0 0 1® A lex ­
andria and £3 2,50 0 to India.
Silver —There has been no alteration in rates since our last, the price
remaining at 50 15-16d. The demand has been principally for India,
the P. & CL steam er having taking £80,500 to the East. The arrival scom prise £1 4,92 0 from the R iver Plate and £52,770 from New Y ork,
making a total o f £67,690.
M exican Dollars im proved in the early part of the week to 49 %d.. at
w hich price business was done for the steamer leaving to-day. The
m arket is n ow easier,»and 49 ll-1 6 d . is the nearest quotation. The
“ Main,” from New Y ork, brought £11,400, and the P. & O. Steamer has
t®-day taken £203,6 90 to China and the Straits.

All Countries.

25-2713

GOLD.

Imports in Sep\..
Imports in 9 mos..
Exports in Sept...
Exports in 9 mos..

47-10

96is

60 d’ys

In reference4;o the state of the bullion markets daring frhepast week, Messrs. Pixley & Abell observe :

The principal movements in bullion, as far as imports an&i
exports are concerned, during the past month and nine months*
are shown in the following statement ;j

3 mos.
Short.

3 mos.

437

United States.
.1883.'

1882.

1881.

1881.

1883.

1882.

£
£
£
£
£
1,526
58,809
816,741
78,130
948,211
16,000 6,093,123
7,782.371 12,567.663 6,408,469
810,150
170
1,496£(0
584,218 380,436
33,439
11,157,559 10,445,488 4,469,695 6,468,944

'

£- \
4,9'2i
1,580'
461,365

SILVEB.

Oct. 12 tel.trsf.
tel.trsf.
4 mos.
Oct.
Oct.

Is. 7i932d.
H oliday.
3s. SSgd.
5s. i m '

114,684 324,425
218,458
843,664
789,957
528,184
Imports in Sept...
imports in 9 mOS.. 5,408,621 6,749,982 6,932,142 2,097,815 1,613,082 2,083,733
150
778,162 842,692
314,228
Exports tn Sepi,..
48,05025,620
26,628
Exports in 9 mos.. 5,593,141 6,834,124 6,783,581

The shipments of silver to India have been—
[From our ow n correspondent.!
• L ondon , Saturday, Oct. 13, 1883.

There are still rumors in circulation o f impending failures,
and the tone’ of business has been generally dull. Much anxiety
has been felt regarding the future, but the more frequent
opinion is that a considerable section of the public has become
unnecessarily alarmed. W ith such a feeling existing, a strong
desire is judiciously shown to operate with great caution, and not
only is trade affected, but the Stock Exchange is also materially
affected. There seems to be no likelihood of any immediate
change taking place, and the impression is likely to be con­
firmed that the trade of the year will finish up in a very quiet
manner.
This week’s Bank return is favorable, and decidedly favors a
continuance of easy money. The more prominent feature is
that the mercantile public have borrowed very little on the
dividends on the public funds. The re-payments of loans have
not amounted to more than £332,567, while the distribution of
the dividends has caused a d^prease of £1,764,816 in the Treas­
ury balance. Current accounts exhibit an increase of £2,366,,226, and this fact leads to the belief that the money market
must assume an easier appearance. The supply of bullion
shows a falling off of £491,856, but as there is a diminution of
£274,390 in the note circulation, the reduction in the total
reserve does not exceed £217,648.
The following are the quotations for money and the interest
allowed by the discount houses to-day and same day of the
previous five weeks:
Interest Allowed
for Deposits by

Open Market Bates.
e
London

Sept.

Oct.

Bank Bills.

Trade Bills.

Six
Six
Three Four
1 three Four
pq Months Months Months Months Months Months
4 S)4®3)4 8>á@3!4 3)4®3% 3Ji@4 3>é@4 3H®4tí
m 2% m u 2'M@2% 3 @ — 8}é@4 3H®3)4 3%®3%
3)4 2)i®2% 2 ®2)4 2%® - 3 @3^é 2)4®3)4 3 @3)4
3 2%® — m ® - 2>é© — 2)4®3 2H®3)4 3- ®3)4
3 2%®2)ú\2)4®2H 2%® - 2%®3 ’ 2M@3M 3 @3ti
ils 2 ®2%'2lA®2% m ® m 2)4®3 2M®8X 3 ®3)4

Joint
Stock

Disc’t Uses
At 7 to 14
Call. ■Days.
3

3
2¡4

2 % 2% -m

2
2
2

2
2
2
2

3H-3H
2M-2J4
2M-2M
2%-2<4
2%-2)i

Annexed is a statement showing 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 second
quality, and the Bankers’ Clearing House return, compared
with the three previous years:

1882.
£5 27.011
-4 ,6 3 5 ,7 3 7

1883.;
£709,2 00
4,589,149

While the arrivals of gold from Australasia have amounted to—
1881.
In Septem ber..... ........... .£ 2 7 8 ,3 8 7
In nine m o n th s ............. 3,472,470

1882.
£ 3 22,2 34
.2,283,114

1883. ;
£6 6,85 5
1,918,729*

; -¿h&i

The quotations for bullion are reported as below :
Price of Gold.

Oct. Ìli

Oct. 4.

d.
Bar silver, flne..oz. 5015-16
Bar silver, containing 5 grs. gold.oz. 515-10
Cake silver.. A.oz. 54 11-16
Mexican dols...oz. 4911-16
Chilian dollars..oz.

d.
50 15-16

Oct■ 4.

Oct. 11.
s.
d.
Bar gold, fine__ oz. 77 9
Bar gold, contain’g
20 dwts. silver..oz. 77 10)4
Span, doubloons.oz. 73 0)4
S. Am.doubloons. oz. ,73 8)4
U.S. gold coin...oz. 76 3)4
Ger. gold coin.. .oz.

Price of Silver.

]

s. - d.
77 9
77
73
73
76

10)4
9)4
8)4
3)4

51 5-16
541Ì-10
49 11-16

The Bank rate of discount and open market rates at the
chief Continental cities now and for the previous three weeks,
have been as* follows:
Bates of
Interest at
Paris..... ........
Berlin................
Frankfort.........
Hamburg..........
Amsterdam.......
Brussels.............
Madrid .............
Vienna..............
St. Petersburg..

Oct. 11/
Bank Open
Bate. 1Market
3
4
—
—

3«
3)4
5
4
6

2%
3)4
3%
3)4
3)4
3H5
4
6

; Oct. 4.

Sept. 27.

■ Sept. 20.

Bank Open Bank Open Bank Open
Bate. Market Bate. Market Bäte. Market
3
3
2%
2)4
29»
3
4
4
3;U
3H
4
3M
3)4
—
—
—
3H
3)4
—
—
—
3Hr
3M
SM
3)4
3)4
3)4
3M
3H
3H
3)4 ‘ 3)4
3)4
3H
3)4
3)4
5
5
5
5
5
5
4
4
4
4
4
4
6
6
6
6
6
6

It appears that the demand for salt, chiefly on United Statesand East Indian account, has been very large during the past
month. Just at this time, too, the brine springs of the W in sford district failed to such an extent that some hundreds of
f urnacés had to be stopped. Prices have risen, and it isexpected that a material advance will be established.- The
shipments to the United States last week were 24,789 tons,
against 16,207 tons'; to British-North America, 10,390 tons/
against 7,626 tons ; and to the East Indies 39,494 tons, against

35,842 tons last year.
It having been thought desirable to extend the scope of the
inquiry into the methods of storage and distribution of petro­
leum in the United Kingdom, which has been instituted in
view of the proposed legislation on the subject next session*
Colonel Majendie, C. B ., Her Majesty’s Chief Inspector of
1881.
1880.
Explosives, and Mr. Boverton Redwood, F. C. S., Secretary o f
£
£
26,905,835 27,282,580 the Petroleum Association, have recently visited Germauy,
4,696,171
5,315,988 Austria, France, Belgium and Holland, in order to study the26,016,787 26,794,52o
16,766,675 17,165,0,0 special features of the Continental petroleum trade, and to
21,958,580 17,556,46o
9,918,508 15,328,742 make themselves familiar with the regulations generally ob­
21,674,343 27,611,322 served in those countries.
The weather during the past week has been favorable for
4 7 q p. c.
32
2 h P- o. autumn work, and fair average progress has been made with thc$.
5 p. c.
9838 usual agricultural work. There are some indications of a favor­
9 8 78
41s. Od.
46s. Sd.
able autumn, Which will be a great contrast with last year,,
6%ct.
6qd.
HHscL. when the season was most unsatisfactory. The large stocks o f
lo q d ..

1883.
1882. '
£
£
C irculation................... 26,336,325 26,951,525
Public deposits.........
4,131,973
4,597,765
Other d e p o sits......... 25,616,783 25,883,184
Governm’t securities
14,179,003 13,981,057
Other securities....... 20,769,395 24,462k006
Res’ve o f notes &coin
12,677,100 9,992,493
Coin and bullion in
both departments..
23,263,425 21,191,0L8
Proport’n o f reserve
to liabilities............
42-29
32ia
Bank rate......... . .
5 p. 0.
3 p." 0.
Consols......................
1013s
1013&
Eng. wheat, av. price
40s. 2d.
39s. 6d.
Mid. Upland c o tto n ..
6%1.
578d
No. 40 Mule tw is t...
O^d.
10 qd .
Clear’g-bouse return. 102,741,000 102,673,000 103,474,000 '93,374,000




1881.
In Septem ber......................£2 2 6 ,0 5 0 .
In nine m o n t h s ............ 2,624,276

438

THE CH E0N1CLE.

foreign produce, and the ample supplies o f wheat and flour
afloat, produce great quietness in the wheat and flour trades,
and difficulty is experienced in obtaining former prices. Much
o f the English wheat coming forward is in poor condition, and
is disposed of with some difficulty. It is expected that large
shipments of grain will be made from Russian ports previous
to the close of navigation.
The following return shows the extent of the imports of
cereal produce into the United Kingdom during the first six
weeks of the season, the sales of home-grown produce, and the
average price realized, the visible supply of wheat in the United
States, and the supplies of wheat and flour estimated to be afloat
to the United Kingdom, compared with the three previous years:
1883.
W h e a t .....___
B a r le y ..............
Oats...................
P eas...................
B e a n s ................
Indian c o m ___ .............. 3,874,881
H o u r .................

1882.
11,210,415
1.185,091
1,812,768
88,877
129,297
2,123,060
1,665,683

*8 estimated at 28 bushels per acre, w e m ust deduct 85 0,000
^
available crop 8% m illion quarters, or slightly
amount t f h/ rd ° t ,ihe ProjJable requirem ents o f the country. The
w o n m tin,1 iV ? ? ^ ted W|^at j e ^ e d to supplem ent the home produce
w ou ld tliusr be between 16 and 17 m illion q u a rte rs.

The extent of the sales of home-grown wheat, barley and
oats in the principal markets of England and Wales, during
the first six weeks of the season, together with the average
prices realized, is shown in the following statement:
J fk h a k ................. qrs.
S P I T ..........................
0 a t8..............................

1882.
11,210,415
1,665,683

1881.
7,639,268
1,401,845

1880.
9 ,7 i7,45 3
1,254,370

4,975,200

4,475,700

4,182,150

and Indian corn afloat to the United Kingdom, Baltic sup­
plies not being included:
L ast week.
1.705,000
170,000
286,000

L ast year.
1,875,000
170,000
3 1 ,600

1881. 1,959,000
132.000
261.000

Sir J. B. Lawes has issued his annual report upon the wheat
harvest, and, as far as the yield per acre and thè quality of the
grain are concerned, his conclusions are more satisfactory than
those hitherto formed. In the course of his letter he remarks :
M y ow n wheat cam e up slowly, but still the plant was fairly good, and
continued so up to the harvest. A fter February the weather, although
cold, was dry until the end o f June. Ju ly was wet, and the wheat was
p e g ih so c u tica l a state that at one time it appeared almost to have
suffered as m uch as the crop o f last year. Fortunately, how ever, the
early part o f the m onth o f August w as both hot and dry, and the bene­
ficial effect upon the quantity, and also upon the quality, o f the wheat
was v e ry apparent. This w ill be evident when I m ention that the
nignest produce o f any experim ent in m y perm anent wheat field last
year was 3 . % bushels per acre, w eighing 59 lbs. to the bushel, while
th is year tne highest produce has reached 43% bushels per acre, weigh62 lbs. to the bushel. The follow in g table gives the present crop on
the selected experim ents w h ich have fo r so m any years been used bv
m e to show the probable w heat crop o f the cou n try :
y
Farm. Mean o f Mean
Vnma- ya rd ,—Artvftcia.lMa.mu/re._.p
A rtificial M anure.- lo ts 7, o f plots
nured, m anure, P lot
Plot
Ptot
8 <£ 3, 2, <£
P lot 3. Plot 2.
7.
8.
9.
9. 7,8 di 9,
,
.
Bushels o f Dressed Corn per A cre.
1 8 8 3 ....... 13%
35% 36is
41%
433«
40%
*30
Average.
10 y r s ..1873-82...10%
28% 27%
31%
33%
21 yrs..18.52-72...14%
3 5 % 35
38?
37
31 y r s ..1 85 2 -8 2...13
.33% 325s
36
36
W eight per bushel o f Dressed Corn, lb.
( 1883...........61%
62% 62%
63%
62%
Average.
10 y r s ..1873-82...57%
59% 59%
59%
58%
21 yrs..1 8 5 2 -7 2...57 %
6 0 % 59%
59%
58% ’
31 y rs..185 2 -8 2...57 %
59% 5 9 %
59%
5S%
1 0Q_
Total Straw, Chaff', &c., per Acre, cw ts.
n<51‘
*—
1000. ......... 9
26%
32%
38%
45%
Average.
10 yrs.. 1.873-82... 8%
30%
28%
38%
40%
21 y r s.. 18 52-7 2... 12%
33%
35%
41%
42%
31 yrs..1 8 5 2 -8 2 ...1 1 %
32%
33%
40%
41%

30%
36%
34%

t23%
Ì29
§27%

63

62%

59%
59
59

58%
59
58%

38%

25

36%
40
39

24%
29
27%

I Equal to 3 0 % bushels at 61 lb. per bushel.
T E qual to 2 2 ^ bushels at 61 lb. per bushel,
i Equal to 28 bushels at 61 lb. per bushel.
§ Equal to 2 6 % bushels at 61 lb. per bushel.
I t w ill be observed that the present crop, w h ich gives an average
produce o f 30 bushels, weighing 62% lbsP per b u s S e ! , e l c e t d f t i e
previous average w hether taken over 10, 21 or 31 years. The average
o f the three artificial manures is nearly 41 bushels, or 10 bushels Tn
excess o f the average o f the last ten y e a is; and both the permanentlv
unmanured
m i™ « farm yard ,,..
” Pashow
. luanentiy
unmanured land
land and
and that
that wbinh
w hich w
receives
dung
a verv
large increase over the average o f the last ten years, leaving no doiih?
so fa r as this field is concerned, that the crop of
has been grown since 1874. In applying the results o b ta in e ffn this
field to measure the crop grow n in tbe United Kingdom , it will be
necessary to take into account that while the produce o f my field was
obtained from a full plant, it is w ell known that the plant was thin u?on
a considerable area o f land throughout the cou n try) and th e e x n r^ se d
omnirm
1nr-c-A num
numher
=
, . expressed
opinion oo ff a.
a .large
ber o f arrniniiltriT.alic'+t'
agriculturalists, given before
the
ci-od was
carried, indicated a produce below the average. I cannot but think
how ever, that the yield will turn out better than the estimate, and that
the crop w ill amount to a fu ll average o f 28 bushels per acre if not
more. A t all events, I shall base m y estimate upon this figure Tim
m ean amount o f the population o f the United Kingdom to be fed duritw
the year ending on the 31st o f August, 1884, will be nearly 36 millionsand, allowing fo r a consum ption o f 5 "65 bushels o f wheat per head th «
amount required will be 25% million quarters. The area under wheat
to |Ü7 ^ no i eod
given in the Governm ent re tu rn amounted
acres. I f the produce o f this country is estimated on the
wtdeh°,f
i,; wil1 amount to 1 0 i3 m illion quarters, from
avaffahfe
deducted 2% bushels per acre fo r seed, thus making the
vai able home crop rather over 9% million quarters. B ut if the aver-




1881.
258,215
64,712
27,959

1880
241,278
84,983
16,169

AVERAGE PRICES FOR THE SEASON (per qr.).

WhflHT
Barley...................................
0 a ts- - - - ................................

1883.
*1*
32 10
20 8

1882. _
*•
34 5
21 7

1881.
s. d.
34 8
22 1

1880.
8. if.
41 5
34 3
21 „3

Annexed is a return showing the extent of the imports of
wheat and flour into the United Kingdom during the first month
of the season, viz., in September, compared with the three pre­
vious seasons:
From—

T o t a l.................... 17,295,988 17,851,298 13,516,813 15,153,973
A v ’ge price o f English
wheat fo r season.qrs. 41s. 7d.
42s. 4d.
41s. 5d. Brit. N. America . . .
50s. 7d.
Visible supply o f wheat
G erm any..................
in theU . 8
bush.27,000,000 13,946,220 20,169,850 15,500,000 F ra n c e ..............’ *
C h ili....................
Supply o f wheat and
flour afloat t o U. K.
Turkey A Koumania
2,057,000
2,129,000
| E g y p t ....................
flrs................... ......... 1,876,000
The following are the estimated quantities of wheat, flour British I n d ia ..........

A t present.
W heat................ q r s.l,816,000
F lou r......................... 172,000
Indian corn .............. 314,000

10QO SALES.
1882.
371,136
287,031
142,764
124,229
56,852
23,156

1880.
9,717,453
Converting qrs. o f wheat into cwts., the totals for the whole
1,335,381
1,704,452“ kingdom are estimated as under :
132,515
171,402
1883.
1882.
1881
iqqh
5.871,949 W heat......ow fc. 6,375,720
4.975,200
4,475?700
4,182,150
1,254,370

1881.
7,639,268
1,246,857
1,804,432
62,587
259,693
3,781,167
1,401,845

SUPPLIES AVAILABLE POR CONSUMPTION— SIX WEEKS.

1883.
Im ports o f w h e a t.cw t. 9,273,936
Im ports o f flour........... 1,646,332
Bales o f hom e-grown
produce................ .
6,375,720

[vòl. xxxvn.

Other countries.

1883.
Cwt.
1,732,803
2,072,168
387,626
70,999
3,160
119,162
56,954
99,612
1,205,431
507,465
68,812

Wh e a t .
1882.
Cwt.
1,069,570
5,084.755
656,602
94,234
6,660
293,385
58,301
1,344
440,369
341,592
25,074

1881.
Owt.
161,380
4,121,989
397,531
99,414.
1,606
106,107
374
129,844
419,098
348,265
9,032

1880.
Owt.
83,185
4,294,749
980,065
17,323
131
246,955
4,000
67,568
325,338
990,660
21,504

T o t a l . . '. . ...........

6,3
6,324,190

7,836,478

F ra n ce ......................
United S ta tes___ . . .
Brit. N. Am erica . . .

8,071,886
F lou r.
165,745
14,450
742,384
34,010
218,627

5,788,640

135,153
9,638
694,536
81,674
132,246

151,953
17,437
744,227
46,097
125,662

72,040
12,381
573,088
103,404
202,784

1,053,247

1,175,216

1,085,376

963,697

The following return shows the estimated value of the im­
ports of cereal produce into the United Kingdom in Septem­
ber, compared with the three previous years :
Wheat....... .
Barley
Oats............ .
P e a s !...,.......
Beans.........
Indian c o m ..
F lou r.. ..........

1833.
£3,073,384
532,398
298,387
17,332
90,255
878,527
768,065

1882.
£4,211.996
296,923
416,421
25,209
24,362
509^471
955,416

1881.
£3,426,179
478,082
496,128
25,366
73,958
892,346
903,989

1880.
£ 3 ,574 ,332
475,421
364,271
47,647
54,725
1,359,727
775,883

T o t a l ....

£5,658,348

£6,439,798

£5,296,048

£6,652,006

The payments for foreign grain during the past month have
been, therefore, below the average of the three previous years.
The following return shows the extent of the exports of
British and Irish produce and manufactures, as well as of
colonial and foreign wool, to the United States during the
month of September and during the nine months ended Sep­
tember 30, compared with the corresponding periods of last
year:
.----- In September.
1882.
1883.
A lkali..............
cwt.
353,707
285,040
4,378
Apparel and slops....... £
9,445
Bags and sacks....... doz.
107,263
66,355
2,070
Beer and ale.......... bbls.
2,168
Cotton piece goods, .yds. 4,451,100 3,128,100
Earthenw.A porcelain. £
75,390
- 50,219
Haberdashery and mil­
linery— , ...........
£
44,256
44,279
Hardware & cutlery.. £
50,109
30,4=79
Iron—P ig................. tons.
42,935
20,819
Bar, A c . . . .......... tons.
1,390
1,101
Hoops, sheets,boiler &
armor plates.. .tons.
4,670
1,859
Tinplates............... tns
15,578
21,200
Cast and wrought.tns
416
362
Old for remanuft.tons.
6,864
2,016
Steel, unwrought tons
5,316
966
Jute y a m ............ . .lbs.
750,500
402,000
Jute piece g ood s...y d s. 8,763,800 9.862.900
Lead—Pig, A c ......t o n s .
61
56
Linen piece goods.. .yds. 6,936,900 6.032.900
Machinery—Steam en­
gines..... ..................£
3,853
4,159
Other d escription s..£
34,632
23,216
Paper—Writing Or print­
ing & envelopes.cwt.
640
962
Other kinds, except
paper hangings.cwt.
219
1,134
S a lt...........................tons.
16,207
24,789
Silk breadstuff's....... yds.
38,752
23,343
Other articles o f silk
o n ly .........................£
5,155
3,266
M ixed with other ma­
terials............ ..........£
21,691
21,527
Spirits— B ritish... galls.
15,818
27,689
Stationery, other than
paper............ ......... .=. £
14,581
7,265
Tin—Unwrought ...c w t.
4,063
' 341
Wool—British............lbs.
693,100 1,698.400
Colonial & foreign.lbs. 2,251,594 2,151,525
Woolen fabrics....... yds.
436,000
389,200
Worsted fa brics— yds. 3,130,900 2,997,400
C a r p e t s , not being
ru g sJ ................... .yds.
111,500
120,800

«—I n N ine Months.—.
1882.
1883.
2,514,664
2,486,867
38,939
55,331
594,419
544,736
20,536
22,287
60,232,900 49,204,100
646,665
735,634
407,500
396,111
384,715
16,143

335,450
317,122
218,994
7,804

28,735
21,679
164,249
162,934
4,973
4,116
71,445
39,340
118,141
25,564
6,493,100
6.253.000
61,456,200 86,330,600
486
74,122,500 58,814,300
79,278
390,298

36,878
362,945

6,391

7,054

6,249
158,038
360,862

4,912
163,696
222,617

70,219

27 ,536

193,355
69,830

143,356
88,065

71,683
53,891
13,623
4,257
3,651,500
6,932.400
15,879,301 20,524,869
5,414,000
4.266.000
26,315,400 2 5 ,963 ,800
1,069,600

92 3,10 0

TH E CHEONIGLE.

O c t o b e r 27, 1883.J

To British North America, the shipments during the same
periods were as under:

,-----In September.----- ; ------ In Nine Months.— >
1882.
1883.
1882.
1883.
22,778
34.184
164,268
189,432
A pparel and slops— £
Cotton piece goods.yds. 3,095,000 2,892,800 47,944,000 41,464,700
12,294
9,883
95,806 "
87,905
Earthenw. & porcelain. &
Haberdashery and m il­
931,533
813,578
124,170
120,603
linery............... . . . . . . £
166,765
17,360
150,275
23,429
Hardware & c u tle ry ..£
57,674
57,319
12,548
16,632
Iron—p ig ......... -•... tons.
33.083
28,654
5,913
7,244
.Bar, & c___. . . . . . tons.
11,622
81,277
69,618
7,424
R ailroad.............. tons.
H oops,sheets, boiler &
10,654
10.649
2,261
2,367
arm or plates... tons.
10,432
509
866
6,127
Tin plates....... ....... tons.
1,600
11,205
11 ¿ 0 1
2,889
Cast or w r o u g h t. .tns
5,360,700
5,183,100
451,100
466.300
Linen piece goods..yds.
796,700
68,014
63,800
496,986
Seed o il______ ."... galls.
7,626
10,390
85,484
93,159
S a lt .............. ______tons.
43,405
40,914
406,435
306,525
Silk broad stuffs.. . . yds
1,832
3,426
25,428
23,558
R ibbons......................&
151.332
150,174
26,357
25,317
Spirits—B ritish .. .galls.
Stationery, other than
43,000
35,164
10,194
7,501
p a p e r ...,___ . . . . ____&
39,045
1,054
3,254'
32,836
Sugar—R ef.& c’ndy.cw t
867,000
854,800 1,007,900
6,888,000
W oolen fa brics....... yds.
7,426,200
308,300
590,100
634,600
W orsted fa brics___yds.
C a r p e t s , not being
198.300
1,738,200
1,694,000
233.100
rugs....................... yds.
E n g l is h M a r k e t R e p o r t s —P e r C a b le .

Tues.

Wed.

Imports and E xports for the W eek.— The imports o f last
week, compared with those of the preceding week, show a
decrease in dry goods and an increase in general merchandise.
The total imports were $9,882,572, against $6,992,190 the pre­
ceding week and $8,673,880 two weeks previous. The exports
for the week ended Oct’ 23 amounted to $7,101,311, against
$6,789,550 last week and $6,599,430 two weeks previous. The
following are the imports at New York for the week ending
(for dry goods) Oct. 18 and for the week ending (for general
merchandise) Oct. 19; also totals since the beginning o f first
week in January:
FOREIGN IMPORTS AT NEW YORK.

F or Week.

1880.

1881.

1882.

Dry g o o d s .........
Gen’l m er’d ise ..

$1,837,288
7,502,377

$2,299,234
7,915,318

$2,222,620
7,966,147

$1,832,647
8,049,925

$9,339,865
Since Jan. 1.
Dry g o o d s ......... $106,666,567
Gen’l mer’d ise.. 291,791.630

$10,214,552

$10,188,767

$9,882,572

1883.

$94.472,875 $112,351,144 $103,595,868
263,267,696 297,733,941 268,347,706

Total 42 weeks. $398,458,197 $357,740,571 $410*085,085 $371,943,574

The following is a statement of the exports (exclusive o f
specie) from the port of New York to foreign ports for the
week ending Oct. 23, and from January 1 to d a te :
EXPORTS FROM NEW YORK FOR THE WEEK.

The daily closing quotations for securities, &c., at Londor,
and for breadstuffs and provisions at Liverpool, are reported
by cable as follows for the week ending Oct. 26: ______
Mon.

439

For the w eek. ..
Prev. reported..

1880.

1881.

1882.

1883.

$8.324,715
327,590,252

$6,590,674
304,981,068

$8,086,939
268,261,330

$7,101,311
281,911,681

F ri.
Total 42 weeks. $335,914.967 $311,571,742 $276,348,269 $289,012,992
50l516
The following table shows the exports and imports of specie
10171(î
at the port of New York for the week ending Oct. 20, and
101%6
since Jan. 1, 1883, and for the corresponding periods in 1882
78-30
118
and 1881;
125%
EXPORTS AND IMPORTS OF SPECIE AT NEW YORK.
102%
31%
Exports.
Im ports.
136%
Gold.
22
Weékt
Week.
Since Jan. 1.
Since Jan. 1.
61%
26%
$
.........
Great B r ita in ............
$2,113,622
$13,700
$ .........
122%
France.............................
106,150
765,052
G erm any........................
101,711
2,576,583
West In d ie s ...................
2,946
3,077,313
20,555
Mon. TU68.
Sat.
Wed. Thurs.
Liverpool.
F ri.
M exico.............................
78,308
South A m erica..............
269^003
7,814
180,045
8. d.
s. d. s. d. s. d. s. d.
s. d.
/ill other countries.......
138,785
120,933
F lour (ex. State)..100 lb. 12 0 12 0 12 0 12 0 12 0 12 0
8 6
8 6
8 6
8 6
8 6
8 6
Wheat, No. 1, w h.
“
Total 1883..............
$442,043 $218,621 $8,911,856
$
9 0
9 0
9 0
9 0
9 0
9 0
Spring, No. 2, old “
Total 1 8 82..............
20,000 33,823,234
129,110
1,811,182
8
2
8
2
8
2
Spring, No. 2, n .. “
8 2
8 2
8 2
Total 1881..............
1,000
422,441 2,477,960 48,956,827
9 8
Winter, South, n
“
9 8
9 8
9 8
9 8
9 8
8 6
8 6
8 6
8 6
8 6
W inter, West., n
“
8 6
Silver.
9 3
9 3
9 3
9 3
9 3
9 3
Cal., No. 1 .......
“
Great B r ita in ................ $522,919 $11,896,874
$ .........
8 11
8 11
8 11
8 11
8 11
8 11
Cal., No. 2 ......... “
485,526
^1,666
C om , m ix., n ew ___ 1
5 2% 5 2% 5 3
5 3
5 2% 5 2%
24 8,372
Pork, West. m ess.. $ bbl. 71 0 71 0 71 0 71 0 71 0 71 0
23,102
45,452
502,179
West I n d ie s ...................
Bacon, lon g clear, new . . 34 0 34 6 35 0 35 0 35 0 35 0
243,907
3,815,497
B eef, pr. mess, new ,$ftc. 70 0 70 0 70 0 70 0 70 0 70 0
South A m erica..............
13,773
3,680
136,581
Lard, prim e West. $ ewt. 39 6 40 0 40 6 40 3 39 6 39 6
16,394
13,946
All
other
countries.......
Cheese. Am . ch oice......... 56 0 57 0 57 6 58 0 58 0 58 0
$4,718,241
$12,458,019
$270,689
$522,919
Total 18 83..............
13,573
2,120,695
139,763
9,577,879
T otal 1 8 8 2 ..............
© x r m t t i e r t i a l a tx tf I J M s t s I l a t i e a t f s p p x x r s
8,710,619
57,913
2,296,826
Total 1881..............
179,487
L ondon.

Sat.

Silver, per o z ................d.
Consols fo r m oney...........
Consols fo r accou n t........
F r’ch rentes (in Paris) fr.
.U. 8. 4% s o f 1891. y.___
0 . 8. 4s o f 19 07...............
Chic. Mil. & St. P a u l. . . .
Erie, com m on stock .......
Illinois Central..............
N. Y . Ontario & W est’n.
P enn sylvania..................
Philadelphia & R eading.
New Y ork Central...........

51
101%
1013a
78-27%
117%
124%
98%
293a
131
21%
60
26
117%

51
101%
1013a
78-15
118
125
97%
29%
130%
21%
60%
26%
117%

50%
101%
1013a
78-17%
118
125%
97%
29%
132%
21%
61%
26%
119%

50%
101%
io i3 a
78-30
118
125
99%
30%
134
22
613a
27%
120%

Thurs.

50%
101%
1013a
78-10
118
125%
1023^
31%
135%
22%
61%
27%
121%

N ational B anks.— The following national bank has lately
been organized:
3,062—The Farmers N ational Bank o f Franklin, Tenn. Capital, $50,00 0;
N. N. Cox, President. George W. Smithson, Cashier.
The Stockton National Bank, Cal'.; volun tary liquidation, Oct. 1 ,1 8 8 3 .
The W all Street National Bank o f N ew Y ork, N. Y .; voluntary liquida­
tion, Oct. 1 5 ,1 8 8 3 .

F oreign T rade op N ew Y ork—Monthly Statement.— la ad­
dition to the foregoing tables, made up from weekly returns,
we give the following figures for the full months, also issued
by our New York Custom House. The first statement covers
the total imports of merchandise.
IMPORTS INTO NEW YORK.

Months.

January....
February ..
March.......
A p ril.........
M a y ...........
June...........
J u ly ...........
August.......
September..

1883.

1882.

Dry
Goods.

General
Merchan­
dise.

Total.

Dry
Goods.

General
Merchan­
dise.

Total.

. $
13,345,312
13,730,717
12,328,374
.7.948,036
7,420,303
0,963,880
13,045,297
11,520,643
10,798,870

$
27,915,300
20,749,010
29,854,387
29,142,398
29,213,457
36,114,695
25,207,518
30,925,000
24,302,726

$
41,260,612
40,479,727
42,182,761
37,090.434
30,639,700
43,078,581
38,912,815
42.445,649
35,101,596

$
12,320,440
16,604,077
11,597,078
9,874,527
7,733,005
8,207,202
11,373,040
15,642,196
11,800,266

$
29,545,834
25,336,588.
34,281,634
33,520,451
37,649,218
82,115,454
83,915,940
30,486,947
32,271,360

$
41,872,274
41,990,660
45,879,312
43,394,978
45,382,223
40,382,656
45,288,980
46,129,143
44,071,626

Total.... 97,707,438 259.484,497 357,191,935 105,218,431 289,173,421 394,391,852
EXPORTS FROM NEW YORK.

CUSTOMS RECEIPTS.

Total Merchandise.
Months.

1883.

1882.

$

$

At New York.
Months.

1883.

1882.

$
$
28,891,932 27,848,940 January........... 12,574,838 13,387,516
23^426,360 25,735,057 February.......... 12,191,603 13,585,053
32,094,694
March............... 12,438,301 13,999,139
28,101,404
April...... .......
9,194,388 11,906,105
27,837,663
May..................
8,148,813 11,981,893
27,857,611 27,459,2331 June.................. 13,624,584 11,428,930
28,805,455
July........... . .. 14,621,008 13,730,753
34,417,712
August............ . 13,288,893 16,483,261
September....... 27,618,151 32,355,548 September....... 12,044,786 14,690,363
T ota l.......... 203.450,982 253,318,510'
T o ta l.,....... 108,127,164 121.193,01 s




Of the above imports for the week in 1883, $4,529 were
American silver coin.
— The New York Life Insurance Company have loaned,
through Messrs. Barton & Whittemore, $960,000 to James
Clyne and Jose de Navarro on the four Navarro buildings now
in course of erection on the south side of Fifty-ninth Street
and north side of Fifty-eighth Street, between Sixth and Seventh
avenues. This same firm some months ago negotiated a loan
of $1,040,000 with th e‘ Mutual Life Insurance Company to the
same parties on four similar houses on the same streets and
immediately adjoining, thus forming a group of eight magnifi­
cent apartment houses covering 425 feet on each street, or
thirty-four full city lots. The .aggregate loan on the eight
buildings amounts to $2,000,000, and is the largest transaction
of the kind ever negotiated in this city.
— The attention of the cotton trade is called to the card-of
Messrs. Von Gundell & Mayhoff. This firm has been in exist­
ence a number of years, and is composed of active and favora­
bly known business men. The house has also a branch in the
city of Memphis, Tenn., where they make a specialty of cotton
buying.
— The interest due Nov. 1 on the St. Paul Minneapolis & Man­
itoba Railroad'(Dakota Extension) bonds, will be paid at the
office, 63 William St.
Anction Sales.— The following, seldom or never sold at the
Stock Exchange, were sold at auction this week by Messrs.
Adrian H . Muller & Son.
Shares.
Shares.
50 Bank o f the R epublic— 130
283 B rooklyn C ity R R . C o .. 2203*
30 Butchers' & Drovers’ Nat.
1 M etropolitan
Gaslight
B an k............................
1 5 5%
Co o f B r o o k ly n .............. 86%
15 Bank o f the R epublic___ 129
2 B rooklyn A cad, o f Music. 81
8 Hom e Ins. C o ................... 137%
6 Market National Bank ..1 4 3 %
6 A m erican Loan & Trust
10 Sixth A venue R R . C o__ 264
C o ............ ........ ....... ..,.1 0 5
50 Jackson Iron C o ._______ 410
10 E xchange Fire Ins. Co ..1 00%
3 Nassau Fire Ins. C o........140
246 The Emerald & Hiddenite
10 M echanics’ Bk. o f B ’klyn.215
M ining Co........... $5 per share
8 New Y ork Ferry C o........ 276%
Bonds.
1 Clinton H all Association. 51
20 Pennsylvania Coal C o .-.2 67% $1,350 Jefferson Fire Ins. Co.,
scrip ................. ........................ 43*2
17 Leather Manufac. Bank. 176
$1,000 Jersey City 7s, im­
40 Standard Fire Ins. C o .... 100
provem ent bd,, due ’93.102 & in t
30 Relief Fire Ins. Co............ 64
$500 Mutual Fire Ins. Co., in­
33 W illiamsburg City Fire
terest bearing receip t......... 93
Ins. C o.............................20b
34 M anufacturers’ National
Bank o f B rooklyn.......... 136%

44:0

TH E CHRONICLE,

%\iz fpaufeers' <§Kzzttz.

lV ol.

XXXVII.

4 81% ; demand, $4 84 @ 4 84 % ; cables, $4 85@4 85% . Commercial
bills have been rather scarce, and the rates on Fridav were
$4 79 % @ 4 80% .
Quotations tor foreign exchange are as follows, the price»
being the posted rates of leading bankers:

D I V I D E N D S ,
The follow in g dividends have recen tly been announced:

October 26..
Per
Cent.

Name o f Company.
R a ilr o a d s .
B oston & M aine...............................
M anchester & L aw rence...............
N .Y. Pr. & Bost. (Stonington) quar.
B an ks.
A m erican E xchange N ational___
National C ity ...............................
P acific (quar.)..................................
NEW

$4
5
2
312
5
212
5

When
Payable.
N ov.
Nov.
Nov.
Nov.
Nov.
Nov.
N ov.

Books Closed.
(D a ys inclusive.)

15 Oct. 26 t o --------=—
1
10 Nov. 1 to N ov. 12
1
1
1
1

Oct.
Oct.
Oct.
Oct.

27
27
20
24

to
to
to
to

Nov. 4
Oct. 31
Oct. 31
Oct. 31

Y O R K , F R I D A Y , O C T. 2 6 , 1 8 8 3 - 5 P . M .

The M oney M arket and F in an cial Situ ation .— The ad"
vanee in railway stocks in the last ten days has been the most
important, and in many respects the most significant, one for
at least six months. It ’ has demonstrated that the supply
o f stocks upon the market has been miscalculated, and indi­
cates that, aside from all speculative buying and selling for the
profits that might be obtained from day to day, there have
been, during the past four or five months, a great many stocks
bought by investors and large capitalists, and withdrawn from
the market without any reference to immediate profits, be­
cause they were ruling at low prices, and on the belief that
sooner or later they must recover a large part of the decline,
Incident to the advance in prices of railway stocks in the
last ten days, there has also been increased activity and a
general advance in prices of railroad bonds. This.has been to
some extent speculative, but there has also been a constant
moderate investment demand for first-class railroad bonds for
several months past, through all thè depression of stocks of
the same properties.: Comparing »the prices of January 1 or
May 1 with those about ten days ago (when the stocks were
extremely depressed) we find very little change in such rail­
road bonds as New York Central first 7s, Central Pacific first
6s, Burlington & Quincy first 7s, Northwestern consols, Rock
Island & Pacific 6s, Atlantic & Pacific 6s, and many others.
In the last few days the partial restoration of confidence has
made some slight advances in this class of bonds. In the
speculative bonds the advance during the week has been
heavier, as this class of bonds sympathizes with the fluctua­
tions in stock values.
The United States Sub-Treasury continues to gain in its cash
balances. A s far as the gain in specie is concerned, it is largely
the result of the movement of funds from this centre to inter­
ior points, the banks depositing gold or gold certificates in
the Treasury, and in return getting an order for silver certifi­
cates on some Sub-Treasury near the point where the money
is wanted. In this way from one to one and a half millions
weekly has been taken out of the banks for some weeks past.
Money has remained easy. Early in the week the quota­
tion on call advanced at one tim e to 4jper cent, but the bulk
o f business has been done at 2)^@ 3 per cent, and this is the
quotation at the close.
Rates for mercantile discounts are
unchanged at
and 6 per cent for 60 days and four months
on first-class double names, and at 6 and 7 per cent on single
names.
Tire last weekly statement of the New York banks showed
a decrease of $2,904,400 of specie and a decrease of $3,680,400
of deposits. This movement is partially explained by the
transfer of Southwestern bank balances here into silver certifi­
cates, which were paid over at New Orleans upon telegraphic
orders from the New York Sub-Treasury.
The Bank of England weekly statement showed a loss of
£408,000 in specie. The reserve of the Bank, which was 43%
per cent last week, has, however, been increased this week to
43 15-16 per cent. The rate of discount remains at 3 per
cent. The weekly statement of the Bank of France showed a
loss of 4,050,000 francs in gold and 2,275,000 francs in silver.
The Bank of Germany gained in the week 8,520,000 marks.
The arrivals of specie at New York from Europe have been
small as yet, but it is known that about £240,000 are on the
w ay from London, with some other smaller amounts from the
Continent.
- 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.
1883.
Oct. 20.

Differ'nces f r ’m
previous week.

1882.
Oct. 21.

1881.
Oct. 22.

Loansanddis. $327,718,300 Dec. $209,400 $310,298,200 $311,310,500
Specie............
53,544,100 Dec. 2,904,400
53.715.100 • .58.359,400
Circulation...
15,266,600 In c .
88.700
18.763.100
19.919,000
Net deposits. 312,796,900 Dec. 3,680,400 285,096,200 286,643,300
Legal tenders.
24,637,900 De<3.
1.98,000
20,347,700
15,208,700
Legal reserve. $78,199,225 Dec. $920,100 $71,274.050 $71,660,825
Reserve held.
78,182,000 Deo. 3,102,400
74,062,800
73,568,100
D e f............... .

Def. $17,225 D eo.$2,182,300

$2,788,750

$1,907,275

Exchange.— On Tuesday, the 23d, there was a decline in the
rates of sterling exchange to $4 81% and $4 84% for posted
rates and $4 83% @ $4 83% for the actual rateTor demand bills.
This was down to the specie-importing point, and was the
lowest quotation since March. But on Friday the rates were
advanced again to $4 82 and $4 85, the rates for actual busi­
ness on that day being as follows, viz.: Sixty days, $4 81@




Sixty Days Demand.

Prime bankers’ sterling bills on L ondon............
Prime c om m ercia l...............................
Docum entary c om m ercia l...........
Paris (francs').........................
Amsterdam (gu ilders).................... ........
Frankfort or Bremen (reichm arks).. . . ___

4
4
4
5

82
81
80
23%
3 9 78
943s

4 85
5 21%
40%
95

Coins.— The following are quotations in gold for various coins t
Sovereigns............ $4 83 ® $4 86
N apoleons-. ----- .'. 3 85 ■& 3 90
X X R eichm arks. 4 73 ® 4 76
X G u ild e r s ...___ 3 96 ® 4 00
Span’ll Doubloons.15 50 ® 15 65
Mex. D ou bloons.. 15 50 ® 1 5 65
Fine silver bars .. 1 104a® 1 l l ^
Fine gold b a r s ....
par"®l4 prern.
Dimes & % dimes. — 99*2® par

Silver %s and %s. — 99% ® par.
F ive fr a n c s ....... .. — 92 ® — 94
M exican d ollars.. — 8 6 % ® — 87 %
D o uncomm ere’l. — 85 ' ® — 86
P eru viansoles___ — 81 ® — 82
English s ilv e r ___ 4 75 ® 4 81
Prus. silv. thalers. — 68 ® — 7 0 %
U. S. trade dollars — 8 7 % ® — 88
Ü. 8. silver dollars — 99% ® par.

U n ited States Bonds.— The Government bond market re­
mains strong for the long-date issues. The 4 % s show no
material change for the week, but the 4s rule fu lly % higher
than on Friday last.
The closing prices at the N. Y . Board have been as follow s:

4%s, 1891 ........... reg.
4%s, 1891
4s, 19 0 7 .. ...........reg.
4s, 19 07.. ___ _ conp.
ds, option U. 8 ___ reg.
os, o u r c y , 1 8 9 5 ..reg.
6s, cur’cy, 1896. .reg.
6s, our’ey, 1 8 9 7 ..reg.
6s, cur’cy, 1898. .reg.
6s, our’ey. 18 9 9 .. reg.

Interest
Periods.

Oct.
20.

Oct.
Oct'.
22. Ì 23.

Q.-Mar.
Q.-Mar.
Q.-Jan.
Q.-Jan.
Q .-Feb.
J. & J.
J. & J.
J. & J.
J. & J.
J. & J.

*114%
114%
12138
121%
*100
*129
*130
*133%
*135%
*136

*114% *114%
114% *114%
121% *121%
•'121% 121%
*100 *100
*129 *129
*130 *130
*133% *133%
*135% *135%
*136 *136

Oct. • Oct.
24.
25.
*114%
114%
*121%
121%
*100
*129
*130
*133%
*135%
*136

114%
114%
122
121%
*100
*129
*130
*133%
*135%
*136

Oct.
26.
*114%
*114%
*121%:
122
*100
*129
*130
*133%
*135%
*136

* This is the price bid at the m orning b o a rd ; no sale was made.

U. S. Sub-Treasury.— The following table shows the receipt»
and payments at the Sub-Treasury in this city, as well as the
balances in the same, for each day of the past week:
Balances.
Date.
Oct.
“
“
“
1
“

2 0 ..
2 2 ..
2 3 ..
2 4 .:
2 5 ..
2 6 ..

Total . . .

Receipts'.
$
1,207,921
1,503,495
1,995,072
1,183,751
759,853
1,081,727

Payments.
15
94
53
74
30
71

*7,731,822 37

$
748,477
905,288
1,084,235
1,803,354
932,368
1,064,698

Coin.
76
37
47
00
65
60

$
117,648,522
118,288,442
119.280,294
118,604,560
118.334,617
118,486,147

Currency.
29
29
75
11
54
37

$
6,845*257
6,803,545
6,722,529
6,778,662
6,876,089
6,741,588

54
11
71
09
3L
59

t 6,538,423 85

* A bove receipts include $200,000 gold certiflca.es put into cash,
t A bove payments include $565,000 gold certificates taken out of c a s h .

State and R a ilro ad Bonds.—The market for railroad bonds,,
as above referred to, has shown a decided improvement this
week. So fas as the speculative bonds are concerned this is,
as said, largely from sympathy with the advance in stocks,
but on first-class bonds it is due also to the fact that -tbwre
is quite a heavy investment demand. The following were rae
principal changes of the week, viz. : Kansas & Texas second»
advanced 6 % per cent to 59% , and ré-acted to 58 ; Boston.
Hartford & Erie firsts advanced 6 % to 26% , and re-acted to 25;
Denver & Rio Grande Western firsts, 3 per cent to 70; Texas &
Pacific— Rio Grande division— firsts, 3 per cent to 74% , and
re-acted to 73% ; Ohio Southern firsts, 3 per cent to 83; Lafay­
ette Bloomington & Muncie firsts, 3 per cent to 90; Rome
Watertown & Ogdensburg 5s, 2 % per cent to 66% , closing at.
66% ; Louisville & Nashville general mortgage 6s, 2 % per cent
to 93%, closing at 93; Denver & Rio Grande consols, 2 per cent
to 90, and re-acted to 89; Atlantic & Pacific incomes, 3 per cent
to 25%, and re-acted to 24% ; East Tennessee incomes, 3% to
29% , closing at 29 % ; do. 5s, 1% to 72 % ; Fort W orth & Den­
ver City firsts, 1% to 66 % ; Hannibal & St. Joseph 6s, 1 % to
108%; New York W est Shore & Buffalo 5s, 1 % to 75% , and
re-acted to 74.
R ailroad aud M iscellaneous Stocks.— October 16 and 17
were the days on which the lowest prices for thé last three
years, were made for the great majority of stocks bought and
sold on the Stock Exchange. From this extreme depression
there was a continuous recovery up to Thursday, the 25th,
the average advance of the leading active stocks in that tim e
having been from 4 to 9 per cent, with exceptional advances o f
19% points on Michigan Central, 14% on Oregon & Trans-Con­
tinental, and 14 on North. Pac. pref. But on Thursday afternoon
there was a general movement to realize profits, and from then
until Friday evening the 26th there was an almost continuous
decline, leaving the net advance in the generality of active
stocks only 2 to 6 points, with 12% on Michigan Central and 11
on Oregon Trans-Continental. So largely had the market for
certain stocks been over-sold' in the period of depression cul­
minating last week, that on Saturday the 20th Northern Pacific
preferreds shares for cash commanded 15 points more than
sales made in the regular way. The week from last Friday
(19th) records a large net advance, and our detailed table on
the succeeding page will show which stocks have shared
most in the upward movement.

TH E CHRONICLE.

O c t o b e r 27, 1883.]

441

N EW YORK STOCK E XC H A N G E P R IC E S FOR W E E K E N D IN G O C T . 2 8 , A N D SINCE J A N . 1, 1883.
D A IL Y H IG H E S T . AND LOWEST PRICES.
STOCKS.

SfltniYiav
Oct. 2Q-

Monday,
Oct. 22.

Tuesday,
Oct. 23.

Wednesday, Thursday, I Friday,
Oct. 2d.
Oct. 25. F Oct. 26,

Sales of Range Silice Jan. 1,1883.
the Week
(Shares).
Lowest.
Highest.

For Full“'
Year 1882.
Low. High




?
O
rH
#
rtf
O

R A I I iR O A D S . t _
78% Feb. 17 84 34 June 14
95%
Atchison Topeka & Santa r e .
200 78 Mar. 28 84 a4 May 3
81
81
80%
Boston & N. Y. Air-L., JireL- 80% 81
200 75 Sept.24 84 J uly 5
85%
Burlington Ced. Rapids & INo.
55
58% 64.600 48% Oct. 20 65% May 3
56
48 78 50% 49% 51% 50 % 52% * 5234 " 5 4 "
Canadian. Pacific.......................
54%
5534I
38400
513
4
55%
49%
_52%'
49%
50
47%
Opt.
17
7134 Jan. 19
48% 49
”73*'
Canada Southern...... ..............
26,561 68% Jan. 8 90 Oct. 13 44
86%' 85% 87%' 85% 87% 84% 857,
81% 84 %! 83% 85% 84
97%
f l - 67
Central of N ew J ersey............
64% 66
25,220 61 Oct. 16 88 Jan. 5 63%
64% 6234 65 %i 65% 66% ■65A
62% 63
82% 97%
Central Pacific........................jjg 62%
15%
15%
15
650
15
14%
14%
15
15
13
Oct.
17
*13
l
o
Y334 Jan. 20 19% 27
13% I t
Chesapeake & O hio..........- —
200 23 Aug. 14 35% Jan. 20 27% 41%
*26
27
24% 24%l 25
25
*23%
24
*I)o
Istp re f— *23
110 1434 Oct. 18 27 Jan. 22 21
* 1 7 % ......
*16
18 I *16%. 18
16% 16% *15
Do
2d. p ref.—
599 128 Aug. 15 137% Jan. 22 127% 29
133 133
130% 131% 131% 131%' 132 132
n 30% 132
Chicago & Alton...... } i y
124%
12534!
12534 126%
16,341 11534 Feb. 20 129% Apr. 13 120 % 145%
125%
126%
123
125%’
123
124
121%123
i
141
Chicago Burlington & Quincy.
93% 9534I 96% 98% 98% 99% 97% 99% 300,995 92% Oct. 17 108% Jan. 20 96% 128%
Chicago Milwaukee & St. pani 93% 95% 9334 96
116% 117%
3,685 115 Oct. 17 122% Sept. 7 114% 144%
I I 534 115% 116 116% 11634 117% 117% 118
Do
• pref. ’ 115% 116
120% 11938 121%' 121% 12334 122 124% 121% 122 %i 80,235 115% Oct. 18 140% Apr. 13 124 15034
C h icago* Northwestern— -- 118 1 .9% 11S34
142 142% 139 140%
5,860 134 Oct. 17 157 Apr. 13 136 175
140% 140 142
Do
pref. 138 139% 139% 140% 139
5,643 117% Aug. 13 127% Jan. 5 122 140%
119% 119% 119%l 120% 121% 121% 12234 120 120%
Chicago Rock Island & Pacific 118% 118% 119
*12% 14
800 10% Aug. 31 22 Apr. 21
13
13
12
12
% ' *12% 14
12
12
11
11
Chicago St. Louis & Pittsburg
42
400 33 Oct. 17 5734 May 16
37
89% *37
37
37
35 . 35
*30 34
34
Do
pref. *30
35
363
4
35% 3634
17,375 30 Oct. 17 55 Jan. l6 2934 58%
34%
36%
33
3334
33%
34%
32
32%
Chicago St. Paul Minn. & pm.
96% 98% 14,388 91 Oct. 17 113% Jan. 5 97% 17
9434
95%
95%
97
94
95%
93
93%
Do
Pref.
62
62 34
3,275 54 Oct. 3 84 Jan. 5 65% 9234
5884 60
61
62
58
Cleveland Col. Cinn. & Ind .. - 55% 55% 56
124% Aug. 13 142 Jan. 26 133 140
C leveland* Pittsburg,guar.. ** 2*’ ""*2*
2 Oct. 1 7% Mar. 5
3% 21 %
Columbus Chic. & Ina. Cent..
114% 112% 114% 114% 117% 116% 118% 115% 11678 519,724 111% Oct. 17 131% Apr. 13 116% 150%
Delaware Lackawanna & W est. 111% 112% 112%
26% 27% 24% 26
21,787 21%. Aug. 21 51% May 3 38% 74%
25%
26%
2434
25%
24%
25%
24%
24%
Denver & Rio Grande..............
6%
6 34
2,150
6 ®4 6 %
6% 6 %
6%
6%
4% Oct. 17 11% Apr. 13
8
16
6%
6%
6%
6%
East Tennessee Va. & G a .....
12 78 10,500 11% Oct. 17 23 Apr. 14 15% 26%
12 s4 13% 12
12 %' 13
12% 13,
Do
pref. 11% 11% 12%' 13
50
86s4
45
Aug.
28
68
75
Jan.
29
50
.50
Evansville & Terre H aute....
50
é% é%
5 Feb. 9 10% Apr. 12
6
*5
é
16
Green Bav Winona & St. Paul *5 . . . . . .
38 Mar. 6 4634 Jan. 17 45. 110
Hannibal & St. Joseph............
72 111 %
72
Jan. 3 9734 May
Do
p r e f.....
10
196 196
190 Aug. 28 200 Jan. 29 196 208
H a rlem .......................... - .........
*45
55
*46
55
92%
57% Oct. 4 82 % Apr. 5 61
*40
50
50
Houston & Texas Central....... *40
131% 13134
5,5*38 124 Aug. 14 148 June14 12734 150%
126 126% Ì 2 7 " Ì 29' 128% 128% I 2934 132
Illinois Central......... .............. 126 126
82%
82%
170 77 Feb. 17 83 Oct. 18
82% 83
83
83
83
83
Do
leased lin e .,..
2034 21% 2 1 % 2 2 % *22"‘ ”22% 21% 22
5,445 19 Oct. 17 35% Apr. 9
” 49%
2 0 % 21
Indiana Bloom’fi & Western .. " 20" * 2 0 %
17
17
19
3,800 lü'ü
45
UBI. 16
1U 83%
90 *4 Jan.
d HU. au
18
13% Oct.
16% 15% 16% 16% 17% 18
15 . 15% 15
Lake Erie & W estern—
100 101% 98% 100% 166,220 9234 Oct. 18 114% Jan. 18
120%
94% 96% 94% 97% 97% 100
Lake S h o r e .................... ........ . 93% 95
65
65%
65
66
64%
65
4,407
863
4
June
30
63%
64%
65 : i
53
“
Oct.
17
61
64
61%
62%
Long Island................r- - -.........
13
13
100 13 Sept.18 13% Juno 9
24
Louisiana & Missouri R iv er..
10034
" 4 6 " " 4 7 ' ”46% ’ 49% 47% 48% "4834"50 "' '49% ” 50% ” 48% ”4934 112,158 40% Aug. 27 58% Jan. 20
Louisville & Nashville........
40
40
200
38
38
78
68
Jan.
5
30%
Oct.
9
Louisville New Albany & Ohio
"42% ” 42%
45
44% *44
1,100 38 Aug. 14 53% Feb. 9
60%
*42% "4 5 " *42
45
45
Manhattan Elevated , ........ — ’ 45” ’ ïë "
*83
85
*83
85
10 80 Aug. 18 90 Jan. 18
90
98%
*83
85 ! *86
82
82
Do
I s t p r e f.............. *83..........
*42%
44%
*44
45
,
700
*41%
43
42
42%
4334
4334
56
53
Feb.
10
38
Aug.
17
Do
com m on............. ! *44% 45
50 12% Oct. 18 303g June 30
37
15% 35%
Manhattan Beach Co.........—
41
4i34 ' 4Ó34 ”41% ‘ 41% "4Ì%
2,100 34% Aug. 13 55 Jan. 8
82%
Memphis & Charleston............ 1 *39 " " ï ï "
*90
94
*90
94
125
*90
94
93
*90
94
76 May 17 95% Sept.14
90
90
93
Metropolitan Elevated............. *90
88%
93%
80% 8834 87% 9434 93% 96%
110,897 77 Oct. 17 100% Jan. 19
105
81
79
77% 79
Michigan Central..... ...............
21
18
Jan.
4
10
June11
Milwaukee L. Sh. & Western .
" 37 % "40
"S S " ” 39
"èoó 35 Oct. 19 48% Jan. 20
58%
36
Do
. ; pref. ” 3 6 " ” 38” *35
7,320 18 Oct. 17 3034 Jan. 18
36%
19
19% 18% 18% 2 0 % 2 0 % 20% 21% 2134 21%
*18
20
Minneapolis * St. Louis........
42
48
41
42
3,225
77
68%
Jan.
18
38%
41
38%
38%
35%
Oct.
20
35%
36%
Do
pref.
23% 24% 23% 23 % 27,675 19% Oct. 17 34% Jan. 18
42%
2 1 % 22 % 22% 24
Missouri Kansas & Texas....... 2 1 % 21% 21% 22%
59,160 90% Oct. 17 106% Apr. 9
112%
95% 95% 97% 94% 96®i
91% 93% 91% 93% 94
Missouri Pacific............. .'...... 90% 92
3534
110 10 Oct. 16 19%Jan. 5
1134 Ll34
Mobile & O h io -,......................
4 2 Ï ” 123*
110 120 Feb. 15 129% June 11
128
*Ì2Ì” Ì22% Ì2Ì"* 122%
Ì 2 l " 12 i "
Morels & Essex................. .
3.300
57
57%
64%
Jan.
22
87%
50%
May
17
57
58
*54
57
56
56
*52%
56
Nashville Chattanooga & St.L.
ÌÌ7% Ì18% 108,987 1123g Oct. 18 129% Mar. 10
138 '
114% 116% 116% 118% 118% 120
116
New York Central & Hudson. 113% 114% 114%
*8% S34
8%
834
1,005
8%
8%
7 Aug. 13 15%Jan. 5
17%
*734 8 %
8 % 8%
8%
8\
New York Chic. & St. Louis..
»15% 16% *14% 17
60Ö 1334 Oct. 17 35 Jan. 4
37%
16
14% 14% 16
Do
pref. 14% 14% 14% 14% *95
*95 ___
*95 . . . . .
109%
90 Aug. 28 105 Feb. 16
........ *95
*95
New York Elevated................. *95 ___
84% 84%
" 5 Ï 5 8334 Oct. 19 89% Mar. 5
84% '84%
*83
84
84
84
New York Lack. & Western .. 84
293s 30»
"3Ö” "3Ï '
74,440 27% Oct. 17 40% Jan. 13 33% 4334
30
28
29% 29
New York Lake Erie & West. 27% 28% 27%
72 Aug..l8 83 Jan. 5 67
88%
Do
pref.
25
26%
5",435 19 Oct. 1 52% Jan. 9 45
60%
‘ 2Ì% ’ 23% "2434 "26"
New York & New England.-...
180 180
168 186
71
183
May
28
169
Jan.
16
179
179
N ew York New Haven & Hart.
21
7,330 1934 Aug. 13 29% Apr. 14 20 % 31%
0 % 2 1 % ” 21% "21% 21
New York Ontario & Western. 2 0 % 2 0 % 20% 2 0 34 2034 2034 2 5
5% 5%
5% 5%
414
8% May 10
4% Oct. 15
5
New York Susa- & Western..
15
15
300 14 Oct. 16 21 a4 May IQ
Do
pref
41% " ï i " "4Ì""
1,932 32 Aug. 14 4934 Jan. 20 44% 60
*40
41% "4Ì% " 4Ì% 41
40
Norfolk & Western, pref......... 39% 39% 40
30% 28% 2934 136,985 23% Oct. 17 53% June 14 2834 54%
24% «26% 2534 31% 26% 2834 27% 29% : 29
Northern Pacific......................
63% 64 34 133,835 56 Oct. 17 90% June 14 6634 100 %
62% 64% 64% 67
61% 64
59% c70
57 564
Do
pref...............
4
4
4
4%;
2,697
334 3%
2 Oct. 3 14% Apr. 13 113s 25%
3% 3%
3%
3%
3%
3%
Ohio Central.............................
42- V
26
1.300 25% Oct. 17 36 »4 Apr. 13 27
28% 29% 28®4 2834' 26
28
29%
2734
27%
27%
27%
O h io * Mississippi.................
23% .
7 July 24 1434 Apr. 24 11
Ohio S outhern..................... -■
" 2T * "2 Ï ‘
' 225 20% Oct. 11 32 J une26 3334 3fi
"2Ï%
”
2Ï%
”20%
”
ÌÓ%
Orégon Short Line.--------9 8 34
60
46%
483
4
89
Jan.
19
45%
47%
388,188
34%
Oct.
17
43
%
46
%
413
4
45%
38%
463
4
39%
Oregon <fc Trans-Continental.. 37
3934
1,890 12 Aug. 30 28 Jan. 18 23
14% 14% 15% 15% 15 s4 1434 15
13% 13% 14
13
13
Peoria Decatur & Evansville.
51% 52% 60,270 46% Aug.27 61% June 15 46 34 67%
52% 53
51%
52%
50%
51“
50%
51%
49%
50
Philadelphia & Reading.......
130
139
138
Jan.
16
131
131
35
129%
Sept.24
Pittsburg Ft. Wayne & Chic.. 132 132
40 '
4% Oct. 11 15% Apr. 16 13
Rich. & Allegh.jSt’ck trust ctts.
*5 7 " ” 6 0 "
"è o ó 47 Jan. 13 72 July 28 52 250 .
57
57
*54
56
Richmond & Danville— ........ ” 54% ” 54% 54% 55
23
263
28%
29
7
8
89
June
2
30
30
1,350
21
Feb.
16
27%
27%
26%
27
28
28
29
Richmond & West Point.......... *27
16% *15 78 16
6,925 14 Aug. 11 23 Apr. 4 17% 36%
15% 15% 15% 16 \ 16
16
Rochester & Pittsburg
....... 15% 15% 15
5.0
50
500 35 Oct. 16 85 June19 20 % 50
*50
60
*43 .......
45
45
St. Louis Alton & Terre Haute
94%
100 80 Oct. 4 103 Apr. 11 55
88
88
Do
pref.
46%
"2 6 " "26" "26% ”27
500 20% Oct. 17 36% May 31 31
*22
24
*22%
”
24
*22
*22
24
St. Louis & San Francisco.....
43
66 %
59%Juire
2
4647
2,406
47
47%
41
Aug.
14
42%
45
*42%
43%
43
42
Do
pref. 42
7934
106%
100%
Jan.
11
*87
90
*86
90
87
Oct.
18
*86
90
*87
90
*86
88
.
Do
Istpref. *86
4 2 34
*34
38
33 A u g. 13 40% Jan. 9 26
St. Paul & D uluth........ ..........
99%
*88
91
91 Feb. 20 9734 June 16 68
Do
p r e f.............
15,095 tl03% Oct.22 169% Apr. 16 108% 166%
104% 106% 106% 108% 108 108% 107% 108
St. Paul Minneap. & Manitoba 105 lOö3, 103% 105
55
24% 22% 2334 40,250 19 Oct. 17 43 Jan. 18 34
21% 227, 23
20%
21%
20
%
21
%
20%
203,
Texas & Pacific..............
88% 90% 171,443 84% Oct. 17 10434 Jan. 18 98% I I 934
89% 92
89% 91
87% 90
86% 87% 87% 89
Union Pacific...........
4 217, 2 0 % 2 1 % 13,795 15 Aug. 14 36% Jan. 18| 23% 39 %
18% 18% 18% 19% 18% 19% 19% 2034 203
Wabash St. Louis & Pacific...
33% 34 7f 3230 34
29,879 29% Oct. 18 57% Jan. 18 457, 71%
32% 33“
31% 33
31
31% 31% 31“
Do
prof
M IS C E L L A N E O U S .
74
63% 63% 62% 62%
790 59% Oct. 20 69% Junelöi
62
59% 59% 62% 62% 62
American Tel. & Cable Co—
132
2,610 121 July 18 140% Aug. 30
13434 135% 135% 135% 135% 135%
Bankers’ & Merchants’ T e l... 134% 13434 134% 13434 135 135
53%
86%
Apr.
16
19
19
7a
2,510
14
Oct.
13
19
19
18%
19%
18
18% 18
17
17 %- 18
Colorado Coal & I r o n ..............
I I 934
8,563 102% Oct. 17 112% Apr. 14
105 105% 104% 105%
103% 104 % 104% 105
103% 105
D elaware* Hudson Canal. . . .
30%
25 Jan. 17
350
15
Aug.
31
17
1“
16%
17
Mutual Union Telegraph........
55
55 Mar. 13 125 July 20
Ì li "" *9 5 " Ì l i " *96 102%
115
115 *107 110
New York & Texas Land Co..
"385 66 Oct. 18 91% Mar. 5
75
75
73 .
73% 73% 73
66
68
Oregon Improvement Co.........
163%
150 June 14
96
Oct.
17
11178
114
9,001
Ì
12
"
ï
i
é
"
106
112%
105%
106
Oregon Railway * N av. Co— 102 104
4334
6,700 28 Aug. 14 44 34 Apr. 9
38% 37% 37%
37% 37% 38
3634 37
37
36% 36% 36
Pacific Mail......... ....................
145
2,732 .17 Feb. 23 134 June13
12T 127
126% 126% 128 128
125 125% 125% 126
Pullman Palace Car................. 125% 126
14%
9
%
Mar.
3
5%
Oct.
24
300
*4
6
6
6
5%
6
*4
6
*4
6
Quicksilver M ining.................
62%
100 31 Oct. 24 46% Mar. 6
*30
34 I
*31
34
31
31
*27
30
30
Do
pref.......... *28
93%
7634 77. - 7834 78% 797s 77% 79% 172,640 7134 Aug. 16 88% Junel4
75
76% 75
74% ,76
Western ITnion Telegraph......
EXPRESS.
10 126% May 5 135 Jan. 5 133 149%
131 131
131
*130 132 *128 131 *125 130 *125 130 *128
Adams................................. .
97%
215 88 Mar. 16 94%June 9 90
89% 90
90
89% 89% *89
90
90
*89
91
89
80%
American.................................. 89
46 55% May 17 65% Jan.. 6 62
59% 59%
*58 . 60
*58
60
*58
69 ' 58% 60
60
*58
132
U nited States.......: ....... .
125
128
June.21
205 ¡113 Oct. 26
113 115
114% 114% *112 116 *112 115 *........ 117
Welis, Fargo & Co.................... *115 118
C O A L A N D M IN IN G .
24 May 18 27% Jan. IP
Consolidation Coal.................. 15 Mar. 6 19 Jan. 19
Homestake Mining Co.............
Little Pittsburg Mining..........
Mariposa Land and Mining__
12 Aug. 24 17 Jan. 15
-Maryland Coal..........................
9 Oct. 12 14 Jan. 4
New Central Coal.............. .
18 Feb. 10 35%.)an.
Ontario Silver M ining..........
270 Feb. 2 28034 July 21
Pennsylvania Coal...................
14 Feb. 27 18 Jan. 3
Cameron Coal...........................
% Jan. l2
% Mar. 26
Central Arizona M ining.........
Deadwood Mining...................
ExcelsiorM ining.....................
Robinson Mining.....................
Silver Cliff Mining...... .........
5 % Sept. 7 7% July 7
Standard Consol. M ining...... .
Stormont Mining.....................
c 72% ca3h.
b 78% cash.
a 27 % cash.
These are the prices bid and asked; no sale was made at the Board.
t Ex-privileg

442

TH E CHRONICLE

[VoL. X X X V II.

Q UOTATIONS OF STA TE A N D R A IL R O A D BONDS A N D M ISC ELLAN EO U S SE C U R ITIE S.
STATE
SECURITIES.

Bid.

A laba m a Class A, 3 to '5,1906__
Class A, 3 to 5, small..
Class B, 5s, 1906......... .
Class C, 4s, 1906...........
6s, 10-20S, 1900........... .
Arkansas—
6s, funded, 1899-1900..
7s, L. Rock & Ft. S. iss,
7s, M em p.& L.RockRR
7s, L. R.P.B. & N.O. RR
7s, Miss. O. & R. R. RR
7s, Arkansas Cent. RR.
Connecticut—6s, 1883-4..
Georgia—6s, 1886.......
7s, new, 1886......... ..
7s, endorsed, 1886...
7s, gold, 1890...........
Louisiana—
7s, consol., 1914.......
7 s, sm a ll...............

Ask.

Bid.

SECURITIES.

Louisiana—Continued—
81% 82%
Ex-matured coupon___
83
Michigan—
99
7s, 1890..........................
81*3
Missouri—
105
6s, due 1886...................
6s, due 1887...................
10
6s, due 1888............ . .
20
6s, due 1889 or 1890....
20
A syl’m or Univ.. due ’92
15
Funding, 1894-95 ........
15
Hannibal & St. Jo., ’86.
7
Do
do
’87
LOI
New York—
102
6s, gold, reg., 1887........
104
6s, gold, coup., 1887___
104
6s, loan, 1891................
6s, loan, 1892.............. 1
6s, loan, 1893.............
73%
N. Carolina—6s, old, J.&J.
66
70
6s, old, A .& O .......___

Ask.

BONDS.
SECURITIES.

N. Carolina—Continued—
No Carolina RR., j. & jf
Do A.&O.............. f
Do 7 coup’s off, J.&J.
Do
7 coup’s off, A.&O.
107
Funding act, 1866-1900
108
s
Do
1868-1898
109
New bonds, J.&J., >92-8
110
M
.
SsH
A
-&°
114
Chatham R R __ ..........
119
Special tax,classT, ’98-9
109
Do
class 2 ......
109
Do to W. N. C. R R .
Do
Western RR.. .
108
. Do
Wil.C.&Ru.R.
108
Do
W ’n. & Tar R .
112
Consol. 4s, 1910........
115
Small.......
117
O h io30
68,1886..........................
'30
Rhode Island—
6s, coupon, 1893-99......
R A IL R O A D BONDS.
116

Ask.

SECURITIES.

Bid.

South Carolina—
6s, A ct Mar. 23, 1869 >
non-fundable, 1888. )
Brown consol’ri 6s, 1893 104
Tennessee—6s, old,1892-8 38
10
6s, new, 1892-8-1900 ...
36
10
6s, new series, 1914___ 36
1-6
C’mp’mise,3-4-5-6s, 1912 39%
16
Virginia—6s, old..............
38
S’a
! 6s, new, 1866.................
38_
4
-6
6s, new, 18 67...............
38
4
6
68
4
6
6s, ex-matured coupon. 42%
4
6
6s, consol., 2d series__
50
4
6
6s, deferred........
4
6
District of Columbia—
79
81
3-65s, 1924.........
109%
77
Small bonds...........
109%
Registered. , ...........
i 109%
107
Funding 5s, 1899......... 111
Do
small............ 1 111
116
Do
registered...! 111
160
160
135
135

1 3

Ask.

6
106
40
38
38
41

45
10

Del. L. & W .—Confin’d
Mich. Cent.-^-Continued—
Pitts. B.& B.—1st,6s,1911
N. Y.Lack. &W.—1st, 6s ! 116%| Ü
90
Coupon, 5s, 1931___
99% 100 j Rome W.&Og.—lst.7s.’91
Del. & Hud. Can.—1st, 7s i 102%
Registered, 5s, 1931__
Con. 1st, ex. 5s, 1922...
663, 69
1 114
78,1891.................... .
Jack.Lan.&
Sag.—6s.’91
[
Roch.&
Pitt.—1st,6s,1921
107
1*116
1st, ext., 7s, 1891......1*116
Mil. & No.—1st, 6s, 1910. 92
92% Rich. & A1— 1st, 7s. 1920 69 \ 70
20 — - i m
f 115
Coup., 7s, 1894..'....... 115
Mil.L.S.&W.—lst,6s,1921 101 % 101
Rich.& Danv.—Cons.g.,6s 95% 96
1st, Pa. Div.,cp..7s,1917 .124
12a Ì25
123%
124
Minn.&St.L.—lst,7s,1927
94%
Debenture 6s. 1927......
58
1Ó Ü
Alb. & Susa.—1st, 7s.. L112 .
Iowa Ext.—1st, 7s. 1909 118%]____
112%
Atl.&Ch.—1st, p., 7s.,’97 111
2d, 7s, 1885...... ......... .102% 103% 2d,
7s,
1891............
.
100 ......
7s 25% 28
Incomes,
1900............
66
122
lst,con8.,guar.7 s,1906
S’thw.Ext.—lst.7s,1910 1113.4 112 SciotoVal.—1st, cons., 7s. *87
25
Guaranteed.
‘1st cons., 6s, 1906......
y Pac. Ext.—1st. 6s, 1021. 9934 100
St.
L.
&
Iron
Mt.—1st,
7s
111
5s 101^ 102%
Kens. & Sar.—1st. coup. *134%
81
Mo.K.&T.—Gen.,6s. 1920 80
2d, 7s, 1897....................
gu “124
108
1st, reg., 1921.............
Cons. 7 s, 1904-5-6........: 106%'l07
Arkansas Br.—1st. 7s.
107
^s ........ Ì13% Denv.& RioGr.—1st,1900
Cons. 2d, income, 1911. 56
59%
10634
106
Cairo
&
Fulton—1st,7s.
6s
1st consol.. 7s, 1910___
H. & Cent. Mo.—lst,’90
Cairo Ark. & T.—1st. 7s 106% 108
1st, 5s, 1921...
Denv. So.P.&Pac.—1st,7 s.
Mobile & Ohio.—New. 6s. IO434 105%
Gen. r’y& 1. gr., 5s. 1931 69
70
6s ........ 98% Den.& RioG.W est.-lst,6s
Bnf. N.Y. & Phil.Collat. Trust, 6s, Ì892..I
St. L. Alton & T. H.—1st. 114
95% Det.Mac. & Marq.—1st,6s
5s 95
Morgan’s La.&T.—1st, 6s
2d, pref., 7s, 1894.........
2d, 5s, 19IS
Land grant, 3%s, S. A ..
117%
....
Nash.Chat.&St.L.—
lst,7s
105
2d, income, 7s, 1894
I• ibs"
E.T.Va.& G.—1st,7s,1900 *118
2d, 6s, 1901...........
100 103
Bellev. & S. 111.—1st, 8s 115% 118
L2 77% 79
1st, cons., 5s, 1930..__
72ia 73 N. Y, Central-=6s. 1887.. 10684 ....
St.P.Minn.&Man.—1st,7s 108%
Divisional 5s. 1930......
93ia
Deb.
certs,
extd.
5
s
..
106
___
2d, 6s, 1909..................
a! i"i3% i ï é ” EÜZ.C.& N.—S.f.,deb.c.6s
ib s "
Ches.& OhioN.Y.C. & H.—1st, cp.,7s 1303J131
8. 107% ........
Dakota Ext.—6s, 1910.. iio % 112
1st, 68,1920-*:.............
1st, reg., 1903......... . 130% 13"
1st consol. 6s. 1933...... 100 100%
8. 95% 95% [Eliz. Lex. & Big S.—6 s... 97ia 98i2
105
Huds.
R.—7s,
2d,s.f.,’85
46% 48
t Min’s Un.—1st,6s,1922.
Erie—1st, extended, 7 s...
Harlem—1st, 7s, coup.. 130
St. P. & Dul.—1st,5s,1931
Mortgage 6s, 1911... " !00 100% 2d, extended, 5s, 1919.. 1
N. Y. Elev’d—1st,7s,1906 1171
So. Car. Ry.—1st, 6s, 1920 1 01 % 102%
Ches.O.&S.W—M.5-6s
4th, extended, 5s, 1920. ........108
IN. Y.Pa.&O.—Pr.l’n,6s,’95
2d, 6s, 1931...........
95
Chicago & Alton—1st, s'. ........ 122 5th, 7s, 1888........ 1......
Shen’d’li V.—1st, 7s,1909 106 108
117
3.
12534 IN.Y.C.&N.—Gen.,6s,1910
1st cons., gold, 7s, 1920.
Trust Co., receipts........
General, 6s, 1921___
92%
S. 112
La. & Mo. Riv.1st cons., fd. coup., 7s..
100
N.Y. & New Eng.—1st.7s
108
Tex.Oen.—1st,s.f.,7s,1909 107%
2d, 7s, 1900..
Reorg., 1st lien, 6s,1908
1st, 6s, 1905...........
1st mort., 7s, 1911........ 107%
¿t 116 117
St.L. Jack.&C
Long Dock b’ ds, 7s, ’93
100
99%
N.Y.C.&St.L.-lst,68.1921
Tol. Del. & Bur.—Main,6s 26
34. : ...... 117% Buff.N.Y.&E.—1st,1916
*89% 90%
2d, 6s, 1923.............
*113
1st, Dayt. Div., 6s, 1910
N.Y.L.E.&W.-New2d 6
N.Y.W.Sh.& Buff.—Cp.5s 74% 7434
1st, Ter’l trust, 6s, 1910
L *113 . . . . . .
2d, gi
Buf.&S.W.—M. 6s, 1908 *94
79»4 Va.
79
N.Y.
Susq.
&
W.—1st,
6s
Mid.—M. inc.,6s,1927 56
Miss.lt Br’geEv. & T. H.—1st, cons., 6s
Debenture, 6s, 1897....
Wab. St.L. & P.—Gen’l,6s 70% 71
33 127% ........
C.B.&Q.Mt. Vern.—1st, 6s. 1923
I Midland of N.J.—lst,6s! "89” "90%
Chic. Div.—5s, 1910___
77
Fl’t
&P.M’rq.~M.6s,1920
*
102
%
N.Y.N.H.&
H
.-l
st,rg.,4s
" "90 " "90%' Gal. Har.& S. Ant.—1st,6s
Hav. Div.—6s, 1910 ....
85
Nevada Cent.—1st, 6s__
Tol.P.&W.—lst,7s,1917 104% 106
19 -----2d, 7s, 1905........... .
1023
4
i’
0
2%
N.
Pac.—G.
1.
g.,
lst,cp.6s
86%
87%
Iowa Div.—6s, 1921__
90
S. F., 4s. 1919......
Mex.
&
Pac.—1st,
5s.
..
102
%
Registered, 6s, 1921__
84% 86
Ind’polis Div.—6s, 1921
Denver Div.—4s, 19S
2d, 6s, 1931...............
N.O. Pac.—1st, 6s, g.,1920 _Sl"% 82
75
82
Detroit Div.—6s, 1921.
Plain 4s, 1921.............
Gr’n
Bay
W.&S.P.—lst,6s
103
Norf.
&
W.—G’l,
6s,
1931:
Cairo Div.—5s, 1931...
C. R. I. & P.—6s, cp.,l£ 7 126 127
Gulf Col. & S.Fe—7s,1909
”97%
N ew R iv’r—1st,6s, 1932
*........ 127
7s, 1909.
6s, reg., 1917.............
Han. & St. J os.—8s, conv..
117%' Wabash—M.,
Ohio & Miss.—Consol, s. f.
106 1 Consol. 6s, 1911
Tol. & W .—1st, ext.,7s 106
Keo. & Des M.—1st, i
116%
Consolidated
7s,
1898
..
1st,
St.
L.
Div.,
7s, ’89 96
97%
Central of N. J.—1st. ’i 0. 114
H ons.* T.C.—lst,M.L.,7s
I 2d consolidated 7s, 1911 1203,
2d, ext., 7s, 1893...... ¿00
)9l ¿12 112%
1st, West. Div., 7s........
I 1st, Springfield Div., 7s 120
Equip, b’ds,7s, 1883..
12' 114%
1st, Waco & N., 7s........
70
Ohio Central—1st,6s,1920
105%
Consol, conv., 7s, 1907 '*86' 86%
2d consol., main line. 8s
119
1st Ter’ITr., 6s, 1920...
Gi. West.—1st, 7s, ’88 104% 104%
is 102 103% 2d, Waco & No.,8s,1915 ¡*110
/ Leh.&W.B.—O
1st Min’IDiv., 6s, 1921
1 90
100
2d, 7s, 1893...____
91
Am.D’k&Imp.General, 6s, 1 9 21.........*____
81
83
Ohio So.—1st, 6s, 1921....
3 129 131
106
Q. & T.—1st, 7s, 1890
H
0U8.E.&W.
Tex.—1st,7s
___
Oreg’n&Cal.—1st,6s,1921
120 124
Han.&
Naples—1st,7s
2d, 6s, 1913.................... 79
Or.&Trans’l—6s,’82-1922 8 8 % 8834
2. *123
IU.&So.Ia.—lstEx.,6s
100
lst, 7s, $ g.,
Ill.Cent.—Sp.Div.—Cp. 6s 114
90
Oreg. Imp. Co.—1st, 6s...
St.L.K.C.&N.—R.e.7s 103 105
(. ........ 119
1st, LaC. Dii
Middle Div.—Reg., 5 s ..1
Panama—S.f.,sub.6s,1910
118
Om. Div.—1st, 7s ...
C.St.L.&N.O.—Ten.l.,7s
Peoria Dec.& Ev.—1st, 6s 95 100
119
Clar’da Br.—6s,1919 "80”
1st consol., 7s, 1897 ..
100
Evans.Div., lst,6s,1920
122 Ì24%
St. Clias. Br.—lst,6s 80*a
1st, C. & M „ 7s. 1903.
2d, 6s, 1907.................
Peoria &Pek. U’n—1st,6s
No. Missouri—1st, 7s. 116
Consol. 7s, 1905........ ' 122 123
Gold, 58, 1951...
Pac. RRs.—Cen. P.—G.,6s 112 112 % West. Un. Tel.—1900, cn. 1x5
2d, 7s, 1884................ ' 101%
2d Div., 7s, 1894
107%
......
San
Joaq
uin
Branch..
................ 115 I
1900,reg........
8 120
Ced. F. & Minn.—1st. 7s
Cal. & Oregon—1st, 6s 102% 103
N.W. Telegraph—7s,1904
1. 107%
fnd. Bl. & W.—1st prf. 7s
State Aid bds., 7s, ’84 101% 103
Mut. Un.T.—S.F.,6s,1911 84
85
9 ........ 94
1st, 4-5-68.1909............
Land grant bonds, 6s. 102% 103
Oregon RR. & N.—1st, 6s 106*54 107
1st, S.Minn.Div.6s,191 0 10834
2d, 4-5-6s. 1909...........
West. Pac.—Bonds, 6s 108 .....
INCOME BONDS,
1st, H. & D., 7s,” 910 . 117
East’n Div.—6s, 1921..
So. Pac. of Cal.—1st, 6s. 102 % ........ (Interest payable if earned.)
(j 111
H i indianap.D.&Snr— i at. n,
Union Pacific—1st, 6s.. 113% ...
Alleg’y Cent.—Inc., 1912,
1 93% 94% 2d, 5s, 1911.
Land grants, 7s, ’87-9. 107% 108% Atl. & Pac.—Inc.. 1910... *24 Vtf 25*;
9134 92
I nt.& Gt.No.—1st,
Sinking funds, 8s, ’93. 116% 117
94 100
Central of N. J.—1908....
Coupon, 6s, 1909
Registered 8s, 1893... ........ 117
Cent. la.—Coup.debtctfs.
1 90
90% Iient’kyCen.—M.,6s,1911
Collateral Trust, 6s...
Ch.St.P.&M.—L‘.g. inc.,6s
------ Jj.Sh’re-M.S.&N.I.,s.f.,7s
5 105
do
5s, 1907
Chic. & E. 111.—Inc., 1907
i 103%
Cleve. & Tol.—Sink. fd.
Kans. Pac.—1st,6s,’95 107 % '...... DesM.& Ft. D.—1st,inc.,6s •••■
. *130
32
New bonds, 7s, 1886..
1st, 6s, 1896.........
107%
Det. Mac. & Marq.—Inc..
'30**
Cleve. P. & Ash.—7s__
Den. Div.,6s,as’d,’99 109%
Ì05% 05% Buff. & Erie—New bds.
E.T.V.&Ga.- Inc.,6s,1931 28% 29
1st, 7s, 1885_______ _
1st consol., 6s, 1919. 100
125 : 26
G. Bay W.& St.P.—2d,inc.
30
Kal. & W. Pigeon—1st.
100
C.Br.U.P.—F.c.,7s,’95
125
Ind. Bl. & W.—Inc., 1919 ......... 86
Reg., gotti, 7s, 19
Det.M.&T.—1st,78,1906
At.C.&P.—1st,6s, 1905 *93
Consol., Inc., 6s, 1921..
36
Sinking fund, 6s, 1929. 107% .
Lake Shore—Div. bonds
At. J.Co. &W.—1st, 6s
1*102 102%
Ind’s Dec.& Spr’d—2dinc
consol., coup., 1st, 7s. ........
Oreg. Short L.—1st,6s 94*
Trust Co. certificates...
t 94% 95%
Consol., reg., 1st, 7s.. *123%
Ut. So.—Gen.,7s ,1909 106
Leh. & Wilkesb. Coal—’88l 70
Escan’ a& L.S.—1st,6s
Consol., coun., 2d, 7s. 121% 122%
102
Exten.,
1st,
7s,
1909
Lake E. & W.—Inc.7s, ’99 25
30
Des M. & Min’s—1st, 7s
Consol., reg.. 2d, 7s...
Mo. Pac.—1st, cons., 6s. 104% 04% Sand’ kyDiv.—Inc., 1920
Iowa Midland—1st,8s. 125
Long Isl. R.—1st,7s, 1898
3d, 7s, 1906................ 115 117% Laf.Bl.&Mun.—Inc.7s,’99 . . . . . .
Peninsula—lst,conv. 7s 120
1st consol., 5s, 1931__ I *98
99%!
105%
Pacific
of
Mo.—1st,
6s
'82**.
Mil. L. S. & W.—Incomes
Chicago & Mil.—1st, 7s 122 123
Louisv. & N.—Cons.7s,’98 116 .
2d, 7s, 1891............ 1 12 %
75
Mob. & O.—1st prf. deben. | *65
Win.& St. P.—1st,7s,’87 107ia 108
2d ,7s, gold, 1883.......... 103% 103% St. L.&“S.F.—2d,6s,cl.A
97%
36
40
2d pref. debentures......
120
2d, 7s. 1 9 0 7 ...,........
Cecilian Br’ ch—7s, 1907 .......
97%
97%
3-6s,
class
C,
1906
_
_
27
3d pref. debentures......
37
Mil.&Mad.—1st,6s,1905 *110
N.O.&Mob.—Ist,6sl930
97
97% 4tli pref. debentures__
3-6s, class B., 1906__
27
C.C.C.& Ind’s—1st ,7s,s.f. 122 122 7( E. H. & N.—1st,6s, 1919 100 105
1st. 6s, Peirce C. & O..
N. Y.Lake E.&W.—Ino.6s /2%
Consol. 7s, 1914............ 120ia 20 %
General, 6s, 1930................... 93%
Equipment, 7s, 1895..
N. Y.P.&O.—1st inc.ac.,7s
52%
Consol. S. F., 7s, 1914..
Pensac’la Div.—6s, 1920
Gen. mort., 6s, 1931..
Ohio Cent.—Income, 1920 " l 2 " 15
C.St.P.M.&O.—Consol.,6s Ì07% 108*s St. L. Div.—1st, 6s,1921
So. Pac. of Mo.—1 st.. 103 104%' Min’l Div.—Inc. 7s,1921
! C.St.P.&M.-lst,6s,1918 116% 116ia
2d, 3s, 1980...........
Tex. & Pac.—1st,6s, 1905 104
Ohio So.—2d inc., 6s, 1921 ....... 23
N. Wis.—1st, 6s, 1930..
Nashv. & Dec.—1st, 7s. 115% 116%
90 "93" Ogdens.&L.C.—Inc., 1920
Consol., 6s, 1905.
St.P.&S.C.—1st,6s, 1919 113%
S.&N. Ala.—S.f.,6s,1910 1
50 1 PeoriaD.&Ev.—Inc., 1920 4 3 " "4*8**
45
Income & Ld. gr.,
Chic.&E.Ill.—lst,s.f.,cur. *96
Leban’n-Knox—6s,1931
1st, Rio G. Div.,6s, 1930 73% 7334 Evans. Div.—Inc., 1920 ...... 45
Chic.St.L.&P.—lst,con5s
90
Louisv.C.& L.—6s, 1931
Pennsylvania
R
R.—.
Peoria&Pek.Un.—Inc.,6s
1st, con., 5s, reg., 1932.
L. Erie &W.—1st, 6s,1919
Pa. Co’sgu >r. 4%s,lst c. 95% 96
Roch. & Pitts.—Inc,,1921 45
46
Chic. & A tl.—1st, 68,1920
SanduskvDiv.—6s,1919!
“I
Registered, 1921........
Rome W. & Og.—Inc., 7s. 24
28
Col.& Green.—1st,6s,1916 90
Laf. B1.&M.—lst,6s,1919 89%
Pitt.C.&St.
L.—1st,
c.7s
So.
Car.Ry.—Inc.,6s, 1931 64% 65%
2d, 6s. 1926....................
87
Louisv.N.Alb.&C.—lst,6s 98%
1st,
reg.,
7s,
1900..
St.L.&I.M.- st,7s, pr.i.a
Col. H.Val.& Tol.—1st, 5s 79 “a 80
Manhat.B’ehCo.—7s,1909 77
2d, 7s, 1913............
2d, 6s, int. a 'um’lative
Del. L.&W.—7s, conv.,’92 115 117
N.Y.&M.B’h—lst,7s,’97 ........
Pitts. Ft. W. & Ch.—1st 137
St’gT.&Ry.-Sei B.,inc.’94
Mortgage 7s. 1907........
Marietta & Cin.—1st, 7s. ......
2d, 7s, 1912................ 134%
St.L.A. & T.H.—Div. bds. 4 5 " 52**
Syr.Bing.&N.Y.—1st,7s 124=4 125»4! Metr’p’lit’n El.—1st,1908 100 ¡100%
3d, 7s, 1912...1........... 125
Sliena’h V.—Inc.,6s,1923
Morris & Essex.—1st,7s 138%)........I 2d, 6s, 1899 ............ .
88% 89%: Clev. & Pitts.—Cons. s.f. 125
26
Tol.Del.&B.~Inc.,6s,1910 *2% T *
2d, 7s,1891..............
113%|115
Mex. Cen.—1st, 7s, 1911.1............
|
111
4th, sink-, id., 6s, 1892.
Dayton Div.—6s, 1910.;
Bonds, 7s, 1900......... .....
Mich. Cent.^-Con.7s,19021 125
St.L.V.&T.H.—lst,g.,7s 113
Tex.&St.L.-L.g.,inc. 1920
7s of 1871,1901........1*118
Consolidated 5s, 1902 .. *104 105 v
2d. 7s, 1898.................
Gen. L. Gr.& Inc.—1931 ■2Ì" .......
1st, consol,, guar.. 7 s.! 122
6s. 1909.............. ...........
i
2d, guar., 7s, 1898__
Tex.&St.L. in Mo.&A.-2d
25
No price Friday—these are latest quotations made this week.
CouPons on since 1869.

R a ilro ad Bonds.




-1
18 -----

O cto b er 27, 1888.]

THE CHRONICLE.

New Y ork Local Securities.
B a n k S to ck L is t.

443

Q u o ta t io n s l n B o s to n , P h ila d e lp h ia a n d B a lt im o r e .

In s u ra n ce S to ck la s t .
[Prices by E. S. Bailey, 7 Pine St.]

SECURITIES.
Bid. Ask.
SECURITIES.
Bid. Ask.
1 BOSTON,
.
Buff.Puts.* W.—Gen.,
Atch. & Topeka—1st, 7s 120
Land grant, 7s......... .
COMPANIES.
Lam. & Amboy—6s, c.,’89
Par.
Bid. Ask. Atlantic & Pacific—6
‘ Mort., 6s, 1889... .
HO»,
Incom e.................
ICam. & Atl.—1st,7s g "’93 118 111
America*................. I 100 154
2d, 68,1904
’ ,g'’
Boston & Maine—7s!.
American...........
50 140 150
128
Am er. E xchange... |
......
...
Cons.,
6
p.
c
.
.
.
.
Boston
&
Albany—7s
.
Amer. Exchange
100 105 111
105 107
250
Broadway...............
Cam. & Burl. Co.—6s, ’97!
Bowery...............
25 152 160
140
Butchers’ & Drov’s’
Catawissa—1st, 7s, con. c.
Boston & Lowell—7 s ...
Broadway......
25 165 175
Central.
130
6s.................
;
.
.....
...........
Chat.
Mr,
10s,
1888......
Brooklyn.............
17 160 167
Chase___
7s> reg. & coup__ 120*«>
Boston & Providence—7s
Citizens’ ...........
20 ¡140 150
Chatham.
Chart rs V.—1st, 7s, 1901
City........... ..........
70 115 125 I Burl. & Mo.—Ld. gr., 7s
Chemical.
2010
p“ “ enct S 6s, cp., 1900-04
Nebraska, 6s.......... Ex.
C linton................... ■100
■
110
120
120
Citizens’ .
Cor. Couan& Ant.,deb. 6s.
Nebraska, 6s...... ..........
Commercial....... !."*THo
60
90
C ity ...----260
Delaware—6s, rg.& cp.,V
Nebraska, 4 s..............!!
Continental....
100 235 245
Commerce_____
54
Dei & Bound Br —1st, 7s 123
Eagle..................
Conn.
&
Passumpsic—7s"
I
........
.
40
227
240
Oohtinental__
East Penn.—] st, 7s, 1888 105
118 Empire C ity___Ü " 100
___
22
25
Connotton
Valley—6s
70
80
Corn Exchange*...... _JB 166
Easton&Amb’y—5s, 1920
ÖS-.r...........................
|\
1
E x ch a n ge..........
30
90 100
East River...........
25 120
El &Wmsp’t-l st,6s, 1910 117
California Southern—6s
Farragut................ 50 115 120
5s, perpetual.__
Eleventh W ard*.... 25
Firemen’s
.......
East’rn,
Mass.—6s,
new..
I
l
l
7
a|ll2
17
80
85
'Fifth........................ lo o
Harrisb’g—1st, 6s, 1883."!
Fort Scott & Gulf—7 s... '
99
Firemen’s Trust." ! " ’ 10
60
75
Fifth A venue*........ 100 400
H &B.T.—1st, 7s, g.,. 1890 114
K.
City
Lawr.
&
So,—5s.
Franklin
&
Emp..
.
100
113
118
Cons. 5s, 1895.........
JTrst........................ 100 800
88
K. CitySt. Jo.&C. B ._ 7s ........"¡113
German-American . 100 195 205
Jon rth....... |........... 100 128
rthaca&Ath.—1st,
gid",7s
Little R. & Ft. S.—7s, 1st “
Germania.............
50 135 143
Fulton.....................
30 128
Junction—1st, 6s, 1882
Globe..............
Mexican Central—7 s .
50 110 115
Gallatin...............
50 160
2d, 6s, 1900.........
N. Y. & N. England—1
Greenwich ...".
25 260 290
Garfield................... 100 112
Leh.V.—lst,6s,C.&R.,’98 120 121
7s...... .......................
Guardian............"
100
60
65
2d,
7s, reg., 1910.....
German American*. 75 100
130 132
N.
Mexico
&
So.
Pac.—7s
H
am
ilton..........!!
15 110 115
6s, C.& R., 1923.. 123*2 I 2434.
German Exchange* 100 .......
Hanover..........j ! ’ ’
Oregon Short Line—6s ... 93
93*. N.Cons.
50 130 135
Germania*.............. 100 188
O. Pac,—1st, 6s, 1920. 81 I 83*a
Ogdensb.*
L.Ch.—Con.6s
Hoffman_
_
.".".".."!!
50
82
Greenwich*.........
25l ...
No. Penn.—1st, 6s, cp.,’85 103 104
Incom e..
Home...... ....¿ !!ü ! 100 137 143
2d, 7s, cp. 1896............. 120
Hanover...............
100 150
Old Colony—7s
H ow ard....... !!" “ * 50 I 57
65
Imp. & Traders’ ___ 100 265 1275
Gen., 7s, reg., 1903__
122
6s_
_
.
.
.
.
.
.
.
.
,
Importers’*
Trad’s
50
90
95
frvniig..............
50 .....
Gen.,
7s, cp., 1903........ ; 120
Irving..............
Pueblo & Ark. Vai.—7s.. 114*4 115
100
65
70
Debenture 6s, reg. . I
Leather Manuf’rs’ .. 100 160
Jefferson.........
ÜÜ
Rutland—6s,
1st........
30
125
130
Manhattan*............ 50 150
Norfolk & West.—Gen.,6s
Sonora—7 s ............£
Kings C’nty (Bkn.) 20 [195 [200
M arine.................... 100 160
Oil C ity * Chic.—1st, 6s..
T. Cinn. & St. L—1st,
Knickerbocker___ 40
83
90
M arket................... 100 140
Oil Creek—1st, 6s,'coup. 104*2 106
Incom e..........................
Lam ar.............
2*3
100
70
75
Mechanics’ ........
25 148
Pennsylv.—Gen.,
6s, reg. 119
Dayton
Division
Long
Isl’d
(B’klyn)
50 105 '112
Mechanics’* Trads’ 25 100
Gen., 6s, cp., 1910..___ 120
Main line
Lorillard............... 25
55
62
Mercantile...........
100 [116
Cons., 6s, r e g .,1905.... 116
STOCKS.'
Manufac.
&
Build!
I
100
110
113
Mercnants’ .............. P 50 128
Cons.,.6s, coup., 1905...
Atchison & T opeka........
Mech. & Traders’ .. 25 105' 115
Merchants’ E x ch ... 50 ........
Cons., 5s, reg., 1919___ 105
Boston & Albany........... .
Mechanics’ (Bklyn) 50 125 135
Metropolis*......
100 -Pa. & N. Y. C.—7s, 1896.
Boston
*
Lowell..............
Mercantile___
;.
.
.
.
50
60
64
M etropolitan.........'I 100 155 - 162
7,1906.................i ........ 124
Boston & M aine..............
Merchants’ __
50
95 100
Murray H ill*.......... 100
Perkiomen—1st, 6s,cp.’87 100*2
Boston & Providence___
Montauk (Bklyn.).. 50 105 108
Nassau* ................ 100
Phil. &Erie—2d,7 s,cp. ,’88 112 112*a
Cheshire,
preferred_
_
...
Nassau
(Bklyn.)
...
50
140
N ew Y ork.
Cons., 6s, 1920........... .
100 152
National..............
371« 85 147
Chic. & West Michigan..
90
N ew Youk County! 100 135
. Cons., 5s, 1920.............. 1023, 103
Cinn. Sandusky & Cleve
N. Y. Equitable ... 35 145 160
Y. Nat. E x ch .... lOo 110
Phila. Newt. & N .Y .—1st
C
on
cord
...,.........
.■
.......
N. Y. Fire................ |100
75
80
Phil. & R.—1st, 6s, 1910..
£ inth -v .................. 100 120
Connecticut R iver..!".!!!! 166
N. Y. & B oston___¡100
4
6
North America*
7o
104
2d, 7s, coup., 1893..___ 117*4
Conn. & Passumpsic
New York City........¡100
10
North R iver*.......'"I 30
Cons., 7s, reg., 1 9 1 1 .... 125
Connotton
V
alley.!..
Niagara.........
.
60
127
40
Oriental*
Cons:, 7s, coup., 1911.. 125
Eastern, Mass.........
North River'..........! 25 103 108
Pacific*..
Cons., 6s, g., I.R.C.1911 113
Eastern, New Hampsh
Pacific............... .
25 160 170Park......
Imp., 6s, g., coup., 1897
F itchburg........................
P a rk ..........................100 108 112
People’s*
145
Gen., 6s, g., coup., 1908
9534
Flint & Pere Marquette
Peter
Cooper.........
20
150
160
P henix..
101 105
Gen., 7s, coup., 1908___
103
Preferred... .
People’s .................. 50 108 115
Produce*......
Income, 7s, coup., 1896
Fort S c o tt * Gulf—Pref!
Phenix..............
50 137 140
R ep ublic.... _!!
Cons. 5s, 1st ser.,c.,1922
128' R e lie f.................;;; 50 I 60
Common ... . .............
74
65
St. Nicholas*...
Cons. 5s, 2d ser.,0., 1933
Iowa Falls & Sioux City
Republic............... 100
80
85
Seventh Ward.
Conv. Adj. Scrip, ’85-88
Little Rock & Ft. Smith"
a o!
Rutger’s , .........!!!!! 25 115 120
. Second..................... ■ ■
Debenture coup., 18931
Maine Central.................
Standard................ 50 100 105
Shoe & Leather. !!" * 100 130
Deb. coup, off, 1893
Star ....................! ’ "’ 100
Manchester & Lawrence
55
65
State of New York*
Scrip, 1882___^.....
125 140
Marq. Hought’n-* Onton. 31 *2
97*2
Sterling.......... .! !! !! 100
50
60
Third...................
Conv., 7s, R. C., 1893.-t
94 100
Preferred..............
Stuyvesant__
25 122 ¡128
Tradesmen’s .!!!
Conv. 7s, coup, off, 1893
Nashua & Lowell........
Tradesmen’s .........
25
65
Union........
70
Conv.
7s,
cp.off,
Jan.,’85
N: Y. & New England . . ’![ 25 *4 25 *2
United States
25 127 132
United States
Phil.Wil.& Balt.—4s,tr.ct 933,
Northern of N. Hampsh. )fl '
Westchester........... 10 120 126
W all S treet...
Pitts.Cin.& St.L.—7s, reg
... 100
Norwich & W orcester...
Williamsburg City! 50 200 210
West Side*___
Pitts. Titus. & B.—7s,cp.
Ogdensb. & L. Champlain
ShamokinV. & Potts;—7s
Old Colony................. .
137*2 138
Sunbury & Erie—1st, 7s.
Portland Saco & Portsm 113
G a s an d C ity R a ilr o a d S tock s an d B on d s.
Sunb. Haz. & W .—1st, 5s
93
Rutland—Preferred...
[Gas Quotations by Geo , h . P rentiss & Co.,. Brokers, 11 Wall street.]
1 2d, 6s, 1938.............. .
20
Revere Beach & L y n n __
Syr.Gen.& Corn.—1st, 7s.
Tol. Cinn. & St. Louis__
[ 9
Union & Titusv.—1st, 7s.
95
Verm't & Massachusetts 131
GAS COMPANIES.
Amount. Period c3
United N. J.—Cons.6s,’94
Worcester & Nashua......
P3
Cons. 6s, gold, 1901__
Wisconsin Central..
Cons. 6s, gold, 1908___
Brooklyn Gas-Light.
Preferred............... ! ” !!
V 25 2,000,000 Var’s
Gen., 4s, >-old, 1923__
Citizens’ Gas-L. (Bklyn i
20 1.200.000 Var’s
P H IL A D E L P H IA .
Bonds............ ........
Warren & F.—1st, 7s, ’96
1,000 I 315,000 A. & 0 .
RAILROAD
STOCKS,
f
H arlem ___...
West Chester—Cons. 7s.
50 1.850.000 F .& A
Allegheny Valley
Jersey City * Hoboken!!
W. Jersey—1st, 6s, cp.,’9<
20
750.000 J. & J.
Bell’s G ap ..,__
Manhattan..........
1st, 7s, 1899................. .
50 4.000.
000
J.
&
J.
Buffalo
N.Y.
&
Phil
lia.
Cons. 6s, 1909...............
Metropolitan. . ! ! ! ! ! ! !
100 2.500.000 M.& S.
Preferred___
B onds........
W.
J ersey&Atl.—1st,6s,C
500
750,000(F. & A.
Camden & Atlantic.........
Mutual (N. Y .) ................
Western Penn.—6s, coup.
100
Quar.
Preferred
B onds...... .......! ! .......... 1,000 3,500,000/
6s,
P. B., 1896..............
1.500.000 M.&N,
Catawissa____
Nassau (Bklyn.).............
Gen., 7s, coup., 1901
25 1.000.
000 Var’s
1st preferred
Scrip ............................. Var’s
CANAL BONDS.
700.000
M.&N.
2d
preferred......
New Y o r k . ..
Ches. & Del.—1st, 6s,1886
100 4.000.
000 M.&N.
Delaware & Bound Brook
Lehigh N av.—6s,reg., ’84.
People's (B klyn.)!!!!......
10 1.000.
000 J. & J.
East Pennsylvania........
B onds...................
Mort. RR., reg., 1897 ..
1,000
375.000
M.&N.
B onds............-----........
Elmira & Williamsport
Cons., 7s, reg., 1911
Var’s
125.000 Var’s
Preferred.......................
Greenw’d Tr., 7s, re^
Central of New Y ork .!"" ’
50
466.000
F.&
A.
Har.
P.
Mt.
Joy
&
Lanc’r
W illiamsburg...
Morris—Boat Loan rg.,’85
50 1.000.
000 Quar.
Huntingd’n & Broad Top
B ond s..........
*"!
Pennsylv.—6s, cp., 1910.. 85
1,000 1.000.
000 A. & O.
Preferred ...
Schuylk. Nav.—lst,6s,rg.
Metropolitan (Bkiyn.")"
107
100 1,000,000 M.&N.
Lehigh
Valley
Municipal.............. 2d, 6s, reg., 1907..
91*2 92*a
100 3.000.
000
Preferred.........
B onds............! ! ! ! ! ! ! ! ! !
750.000
m
.&
n
!
Little
Schuylkill..........
Fulton Municipal"
100 3.000.
000
B A L T IM O R E .
Mmehill & Sch. Haven.
B ond s.............. .
300.000 j . & j .
Nesquehoning V alley..
Equitable....... !!
R A IL R ’D STOCKS. Par
2 .000 .
0001
Norfolk & West’n—Com
Atlanta & Charlotte........ 67*s
Preferred.__
Baltimore & Ohio...... 100
i________f1Q uotations b y H. L. G ran t , Broker, 145 Broadway.]
Northern Central!
1st p r e f........................ I 127
Bl’cker St.& Fult.F.—Stk
Northern
P
acific.
100M---------------2d p re f.....
900.000 J. & J
Jsly, ’83 1 23
26
1stwOTT
mort.......................
1 onn
Preferred....................
694.000
Parkersburg
B r........50
J.
&
J
IrM
ik
741,
A
n.
„
«
7
1900 109 112
Br’dway & 7th A v.—St’k .
North Pennsylvania.!"""
100 2, 100,000 Q.—J. 2 July,
Central Ohio—Com...... 50
Oct., ’83 146 148
1st mort......................... 1,000 1.500.000
Pennsylvania.............
Pittsburg
&
Connellsville
J.
&
D,
7
June,
’
84
102
103
Brooklyn City—Stock! ! ! !
Philadelphia & Erie........
10 2,000,000 Q,—F. 3*2 Aug.,
Western Maryland__ 50
17
’83 215 221
1st mort.............
1,000
S.er- * Norristown
300.000 M.&N. 7
RAILROAD BONDS.
. . ’. 10 2 110
B r’dway (Bkln.)—Stock
Phila. Newtown & N .Y
100
200.000 Q.—J. 3*2 Oct., - .’83
Atlanta
&
Chari.—1st_
_
210
Bklyn. Crosstown—Stock
Phila. & Reading..
100
400.000 Q .-J . 2 Oct., ’83 150 215
Inc......... .
1st mort, bonds........... 1,000
Ph;la. & Trenton .
300.000 Q.—J. 7
Balt.&Ohio—6s„’85A.&0
1888
105 112
Bushw’kAv. (Bkln)—St’k
Wilm. & Balt........
100
61
500.000 J. & J. 2*2 Oct.,
Cen.
Ohio.—6s, lst,M.&S.
’83
155
Cent.Pk.N .* E.Riv.—Stk
Pittsb. Cin.& St. L.—Com.
100 1.800.000 Q.—J. 2
Chari. Col. & Aug.—1st..
Consol, mort, bonds..
1,000 11, 200,000 J. & D. 7 Oct., ’83 141 Ì4 4 '
J- Companies. _j 194*2 195
2d...................................
99
Dec.,
1902
116
120
Christ’ph’r&lOth St—Stk
100
West Chester-Cons. pref.
650.000 F. & A. 2*2 Aug., ’83 110
Cin. Wash. & Balt.—lsts.
102
B onds...................
115
West Jersey.
1,000 ! 250,000 J. & J. 7
2ds................................
73%
1898
106
DryDk.E.B.* Bat’y—Stk
West
Jersey
&
Atiantic!!
100 1, 200,000 Q.—F. 4 Aug., ’831257 *s
38
3ds...... , . . . .
40
1st mort., consól.
¡262*2
CANAL s t o c k s .
500&C 900.000 J. & D. 7 June,
Columbia* Greenv.—lsts
100
’93 [114 117
Eighth Av.—Stock
Lehigh Navigation......
100 1, 000,000 Q.—J.
45*4 45*2
2dS-.............. *...___....
74
Oct.,
’83
240
1st mort...................
Pennsylvania......
........
1,000
203.000 J. & J. . June, ’84 100
Mar.&Cin.—7s, ’91.F.&A
110
42d & Gr’r.d St.F’"ry—sitk
Schuylkill Navigation.
100
748.000 M.&Nîf 6 May, ’83
2d..........................M&N
240
1st mort.................... .
Preferred....
1,000
236.000 A. & 0.
8s, 3d...................J. & J
April, ’93 110 115
Central Crosstown—Stk
ttAIUROAD 'BONDS."
100
600.000 J. & J.
No.Central—6sJ’85, J.&J
July, 83 106 110
1st mort__
APegh. Val.—7 3-10s, ’96 121 125
1,000
250.000 m .&n
6s, 1900, A. & O.........
Nov.,1922
106
109
7s,
E.
ext.,
1
9
1
0
.........
Honst. W.St.&PÏF;y--Stk
100
250.000
6s, gold,1900, J .& J . ..
90
1st mort......
Pi 7s, end., coup., ’94
500 »500,000 J. & J.
30L Pittsb.&Con’ells.—7sJ &J
July,
110 112*2 E917 15 ’e S®}-—1st,6s,1902 30
Second Av.—Stock!......
100 1,396,500 J. & J.
Union RR.—1st, gua.J&J
July,
210
915
3d mort.................
¿d,
6s,
1885.
1,000
150.000 A.& O.
Canton endorsed...........
April,
103
Consol.__ »
3d, 6s, 1887
103
Virginia & Tenn.—6 s __ 101
1,050,000 M.&N.
Nov.,
107 108*2 Beil’s Gap—lst",’ 7s", Ì893." 108
Sixth Av.—Stock! !."!...... 1,0008s................................... 122
100
750.000 M.&N.
Mch,
240
1st ìlioro............
250
1st,
6s,
1905.
.
W.Md.—6s, 1st, g., J .& J. 113*2
1,000
500,000, J. & J.
July,
110 115
Third A v.—Stock
Consol., 6s, 1913. . ! ! “ '
2d, guar., J. & J
100 2.000.
000 Q.—F.Aug.,
275 280
1st mort__
N-Y.& Phil.—1st,6s
I 2d, guar.byW.Co.,J.&J.
1,000 2.000.
000 J. & J.Jan.,
110
113
Twenty-third St.—Stock!
2d,
7s,
1908...
6s, 3d, guar., J. & J
100
600.000 F.& A.
Aug., 83 160 165
1st mort..............
Cons. 6s, 1921.
I 1,000
Wilm. C. & Aug.—6s........ 108. 110
250.0001 M.&N.
May. ’931 n o 113
] st. Tr. 68, 1922
Wil. & Weldon—Gold, 7 s . ---‘ This column shows last dividend on stocks, but date of maturity o f bonds.
rEx-dividend.
t Per share.
t In default.
§ Ex-rights.
COMPANIES.
Marked thus (*) arej Par, Bid. Ask.
not National.




PRICE.

TH E CHRONICLE.

4 1 4
R A IL R O A D

E AR N IN G S.

.

The latest railroad earnings and the totals from Jan. 1 to
latest date are given below. • "
Latest E arnings Reported.
Roads.

Week or Mo

1883/

188i

Jan. 1 to Latest Date.
1883.

[V o l . X X X V II.

New York City Banks.— The following statement shows the
condition of the Associated Banks of New York City for the
week ending1at the commencement of business on Oct. 20:
Average amount ojBanks.

1882.

$
$
$
New Y o rk ........
575,173 Manhattan Co.
77,793
95,093
Ala.Gt.Bouthern Septem ber
9,206,014
M erchants.....
1,251,662
1,263,900
Atch.Tot>.& S.Fe A u g u st.. . .
Mechanics’ .......
265.000 232,763
Buff.N«Y.&Phil. A u gu st.. . .
U nion......... .......
2,099,042
2,098,295
69,250
58,299
Bur.Ced.R.&No. 2d wk Oct.
America...........
67,000 4,232,920 1,921,493 P h oen ix ............
Canad’n Paciilc 3d w k Oct. 132.000
1,458,449
1,594,300
165,914
171,800
City................ .
Central o f G a ... J u ly ......... .
848,11? Tradesmen’s ....
914,781
112,824
115,651
Central Io w a .... September
P u l t o n ...........
Central Pacific. September 2,311,000 2,495,445 18,174,341 19,078,621
Chemical............
Cbesap. & Ohio. September 355,797 332,219 2,869,610 2,429,579
Merchants’ Ex..
6,548,117
6,958,855
Chicago <fe Altor 3d w k Oct. 218,297 210,895
12,867,479 Gallatin N a t....
Chic. Bur. & Q .. A ugust— 2,495,124 2,086,858 15,725,032 1,388,019 Butchers’* D r ..
1,290,968
40,223
34,096
Mechanics’ .& Tr
Chic. & East. 111. 2d wk Oct.
49,877 2,255,728 1,642,380 G reenwich..
67,494
Chic.& Gr.TrunK Wk Oct. 13
582.000 519,147 18,279,000 15,6 41,953 Leather Man’f ’s
Chic. Mil.&St. P. 3d w k Oct
19,147.461 Seventh W ard.
Chic. & Northw, 3 d w k Opt. 606,500 538,200 19,827,505 3,881,794 State o f N .Y ...
Ch.St.P.Min.&O. 3 d w k Oct. 141,000 123,500 4,227,621 1,044,391 American Exch
1,117,229
28,829
32,901
3d
w
k
Sept
O h io .* W .Micli.
1,837,872 Comm erce.........
Cin.Ind;St.L.&C. 3 wks Sept 175,752 190,723 1,772,720 1,875,110 Broadway..........
1,865,891
M ercantile... . . . .
243.241
240.326
September
Cincinn ati South
37,921
36,551 1,505,092 1,392,197 P&ciflc.................
Cin. W ash.* Balt 3d w k Oct.
R ep u b lic...........
391,890
422,081
12,010
11,216
Clev.Akron&Col 2d wk Oct.
Chatham ........
Cler.Col.C.& Ind August----- 423,777 436,318 2,645,830 2,710,091 People’s .............
24,634
32,712
September
North A m erica.
Connotton Y a l..
110,244 Hanover ...........
120,450
19,974
22,648
D anbury & Nor. J u ly ..........
5,187,899 Irving.................
D env. & R io Gr. 3d w k Oct. 150,100 136,500 5,245,450
M etropolitan...
661,600
25.900
Denv.& R.Gr.W. 3d wk Oct.
269,359 Citizens’ .............
255,642
7,330
9,641
Des Mo.& F t. D. 2d w k Oct.
33,367 1,202,209 1,207,339. Nassau...........
33,247
Det. Lan. & No.. 1st w k Oct.
855,525 M a rk et.............
835.117
24.681
30,335
Dub. & S ioux C. 2d w k Oct,
2,474.243 St. N icholas......
E a ste r n ........... 3 w ks Sept 244.327 242.757 2,645,063 2,520,888 Shoe & Leather.
3,203,628
Corn E xchange.
257,825
307,905
E.TenmVa.&Ga. 3 w ks Oct
362,753 Continental.......
532,776
57,352
76.883
Eliz. Lex. & B.S September
Oriental.. . . . . . . .
639,100
529,437
21,435
17,308
E vansv. & T. H. 3d wk Sept
M arine...............
44,337 1.959,718 1,644,196 Importers’
55,998
Flint A P .M a rq . 2d wk Oct
* Tr.
309,898
320,609
9,504
8,061
..................
Flor. Cent. & W. 2d wk Oct,
308,529 Park
372,011
10,609
8,04S
Wall St...............
Flor. Tr. & P en . 2d w k Oct
North
River.
...
7,800
10.900
Ft.W. & Denver. •2d wk Oct
R iv e r ........
Grand Trunk.... Wk Oct. 13 370,189 359,360 13,735.760 12,791,190 East
fou
rth
Nat’
nal
,
287,400
3<>1,842
6,932
10,385
Gr.BayW.&Sfc.l*. 2 d w k Oct
Nat».....
107,717 1,562,-862 1,023,080 Central
131,40
Gulf Col&San.Fe 2 whs Oct
Second Nation’ l
1,816,659
2,046,268
57,400
58.700
H annibal* St. Jo Hd wk Oct,
National,
204,056 Ninth
34,842
228,903
28,968
firs t National..
Hous.E.&W.Tex September
Third N ational.
Illinois Ceil.(111.) 2d w k Oct, 172,300 144,857 5,236,109 5,430,118
40.483 1,523,565 1,492,002 N.Y. Nat. E xch.
50,000
Do
(Iowa) 2d w k Oct,
120,900 108,150 3,002,302 2,515,965 Bowery Nat’nal
D o So. Div., 2d wk Oct
N. York County.
57,430 2,346,813 2 027,301 Germ’n
62,163
2d
wk
Oct
In d .B loom .* W.
A m ’c ’n..
35,496
40,815
K.C.Ft. S. &Gult 1st w k Oct
Chase National,
14,149
19.166
Istw
kO
ct
f i f t h A v e n u e ...
K en tu cky Cent.
758,095 German E xch . .
189,006 154,968 1,041,680
A u&g uSo.
st..
K.
-C.Law.
Germania..........
27,991
33,326
L . -Erie & West’n 2 d w k Oct
329,588 U. S. Nat...........
387,042
30,220
29,158
L. R . & Ft.Smitli 2 wks Oct
Lincoln N at......
196,221
276,978
15,864
20,697
L.Rk.M .Riv. & T. 2 wks Oct
Nat —
52,793 2,317,342 2,114,396 Garfield
49,061
L ong Islan d— 3 d w k Oct.
F ifth N ational..
252,900
353,400
44,300
52,100
La. & Mo. River. J u l y . . . . . . .
Total..
Louisv.&Nashv. 3d wk Oct. 330,470 273,355 11,041,696 9,855,028
745,493 1,024,843
26,160
30,457
M ar.H ou gb.*O 2d wk Oct.
931,463
779,598
The deviations from returns of previous week are as follows:
69,207
53,618
Memp. & Chari. 2 wks Oct.
1,199,710
33,935
M exican Cent.. 4th w k Sep
$209,400 Net deposits..................Deo. $3,680.400
Loans and discounts— Dec.
221,201
9,173
88,700
Circulation.................... Inc.
, D o No.Div 2d wk Oct
Specie ..............................5 e3' 2,904,400
495,125
17,356
198,000
M exican Nat’l .. 4th w k Aug
Legal tenders...
...D ec.
806,274
687,596
19,225
24,595
Mil.L.Sh.& West 3d w k Oct.
The following are the totals for three weeks:
921,234
124.856 122,893 1,029,411
M in n .*S t. Louis A ugust___
Specie. L. Tenders. Deposits. Circulation. Ai',.Clear.
Loans.
Missouri P ac |1.. 3d w k Oct. 336,995 347,4 60 13,456,2Ì3 11,882,407
*
*
*
*
*
704,574
25,293 1,162,680
34,651
1883
$
Central B r’ch. 3d w k Oct.
6.1 .326.059.900 56,603.900 23 508,800 312.090,200 15,082,800 759.872.865
M o.Kan.& T.H 3dw k Oct. 289.166 268,579 8,866,546 7,574,460 Oct
24 835.900 316.477,300 15,177.900 833,965.948
«■
13
...327,927,700
56,448,500
162,982 111,262 4,913,940 3.788,079
Tex. & Pacific. 3d w k Oct.
20....327,718,300 53,544,100 24 637,950 312,796.900 15,266,600 919,608,026
W hole System 3 d w k Oct. 823,791 752,594 28,399,380 23,949,521
Boston Banks.— Following are the totals of the Boston banks:
184,021 157,879 1,438,530 1,309.475
M obile & O hio.. September
197.799 190,196 1,711,914 1,547,801
~ Nash.Ch.&St.L. September
Specie. L. Tenders. Deposits.* Circulation. Ago.Clear.
$
*
*
$
N.Y.L.E.&West. June _____ 2,057,547 1,756,684 10,167,463 9,300,613
1883.
5,723,700
4.446.200 90.603.300 27,299,200 74,827.666
142.236,600
2,315,109
2,177,413
377,223
346.490
N. Y.&N. E ngl’a A u g u s t..,.
Oct. 8..
92.335.300
27,178,800
73,304.512
5.815,400
4.512,000
*• 15.. 143.741,000
70,739 - 658,321
447,419
103,63
N. Y . Susq. & W. A u g u st.. . .
«* 22.. 145,055,800 5,444,000 4,798,700 93,149,000 27,171,200 73,868,361
Norfolk & West. 17dys Oct, 149,176 129,152|i 2.111,680 1,800,581
682,069
41.375
* Including the item due to other banks.”
336.761
63,020
Shenandoah % 3 wks Oct!
545,727 t557,558 4,552,137 4,255,773
Northern C en t.. September
Philadelphia Banks.—The totals of the Philadelphia banks
302.700 196,2u0 7,592,108 5,456,282
Northern Pacific 3 d w k Oct
are as follows:
68,800
67,700
Ogdensb.&L.Ch. A ugust—
Loans. . Lawful Money. Deposits. Circulation. Agg. Clear.
864,775
822,867.
25,919
23,820
*
%
*
Ohio Central___ 3d wk Oct
1883.
322,079
9,817
288,346
9,198
18,751,752
70,147,539 9.284,823 62,713,335'
Ohio Southern.. 2d wk Oct
77,955,944
poq
o-|
9
............
Oct.
8
18.943.541
70,079.215
9,800.479
53.967,665
87i000
77.781.225
Oregon & C a l,.. J u ly..
“ 15.............
18,703,030
70.252.420 9,266,978
04.493,737
366,707 270,849 2,588’,122 2,049,526
Oregon Im p. Co. August---» 22....... ....... 77.781.293
Oregon R.&N.Co September 581.800 551,013 3,875,202 3,771,244
Unlisted
Securities.—
Following
are
quoted
at
38
New
Street:
Pennsylvania .. September 4,634.998 4,417,602 37,893,907 35,888,778
'
B id. Asked.
B id. Asked.
12,9741
556,453
612,803
14.186
Peo. Dec. * E v e . 2d w k Oct.
N.Y.W.Sh.&Buff.—Stk
P bilad elp.* Erie August----- 383,890 420,3291 2,656,160 2.522,699 Am. R ailw ’y Imp. C o 31
del.wh.iss.on old sub 25
50
E x bonds and stock..........
Fhila. & Read.* August___ 3.538,033 1,975,993 17,482,987 13,533,948
N.Y. Mut. U. Tel. st’k. 50
D o C. & Iron August . . . 1,866,105 1,615,208 10,477,659 9,309,932 Atl. & Pac.—6s, 1st..............
89
North
Pac.
div.
bonds.
84
2,716,974
340,581
362,292
2,556,296
September!
In
com
es..............................
' R ichm .& D anv..
81
No.Riv.Const.—lOOp.o 7 6 12
570,217
68,148
70,867
490,053
Blocks 35 per cen t.. 104*2
Ch'ICol.&Aug. September
N.
J.
Southern.......................
5
1
',9
4
5
63,173
64,849
478,701
September
Cent.
B
ranch....................
Columb. & Gr.
35
Ohio C.—R iv. D iv. 1st. 34*2
185,205 162,560 1,237,099 1,077,509 Am. Safe Deposit per­
Va. M idland.. September
6%
I n c o m e s ................... 61*
263,115
27,172
46,241
173,613
petual deb’ure bds.100
W est No. Car. September
Oregon Sh. Line stock . . . .
8,193
Bost.H .& E.—N ew st’k
%
16,264
R och. & P ittsb’g 3d wk Oct.
B
onds.......................
.
.
.
.
.
181,799
171,193
R om e Wat. & Og August----O ld.....................
Pensac. & A tl.............. . . . .
141,638
24,679
132,450 Buff. N. Y. & P hila.............
26.187
St.Johnsb.& L.C Ju ly..........
....
37,614 1,067,471 1,115,003
27,948
St. L. Alt. & T.H 2d w k Oct.
P ref................. 2 9 78
Pitts. & Western.......... 20
633,927
675,323 Chio& Atl.—S tk..
18,833
15,900
S D o (brchs.) 2d w k Oct.
Rich. &D. Ext. subs. 7 0% . . . .
307,194
28
18
8,244
291.049
8,755
St. L o u is * Cairo 2d w k Oct.
49
ex bonds and stock.
82,835 2,959,126 2,795,343
78,100
St.L.&San Fran 3 d w k Oct.
1st m o r t ...................
Roeh.&Pitts. cons.,1st 9Ò*
839,334 Chic.&Can.South.------32,449 1,043,193
40,253
St. Paul & Dull 3 d w k Oct.
....
Rutland R R ..................
95
St. P. Minn.&M 2d w k Oct. 210,405 224,196 6,339.802 6,538,606 C om m erci Teleg’m Co.
....
P r e f. .............................
692,303 i 664,478
So. P ac.Cal. N.D Ju ly ........... 130,645 130,570
P r e f - ...- .- .
....
Sel.,R.&D.st’k,st’m
p’d
.
.
.
.
2,430,693
.
.
.
.
Çontin’t’ICons.Imp.Co
301,685
2,270,641
287.358
J
u
l
y
.
.
.
.
.
.
.
D o So. Div. i
do
I
n
c
o
m
e
s
.............
192,510 234,426 1,476,095 1,608,705
do
do . 8 5 p .c.
D o A rizona! J u l y . . . . . . .
....
5%
4
q
St.
Jo.
&
West.
—
.......
3
466.787
405,489
48,906
66,553
D o N. M e x l Ju ly ......... .
....
St. Jo. & Pacific 1st. . . . .
87
411,723
54,650
400,587 D en .* R.G.R’y—Cons. 84*2
61,736
Scioto V a lle y ... September
....
....
do
do
2d.-...
926,984
34
847,964
*8
121.359
132,821
September
South Carolina
Kans.
&
Neb.,
1
s
t
...
.
.
.
.
10
I 2 I2
80,975
72,000
Tol.A nA r.& G .T. June_____
27*’
do
do
2d
.
.
.
31,500
Denver
&
N.
Orleans.
Tol. Cin. & St. L. 2d w k Sept
Tex.&Col.Im p.—60 p .c
175
Union P a cific... A u gu st__ 2,576,446 2,827,901 18,557,212 18,813,182 Edison Elec. Ligh t.. . . 96
ÍÍ3 ¿
ex-bd ............................. 7
81%
753,105 1,011,009 Ga. Pac. R ’y-. 1 st m .. 80
93,586 120,877
Utah C en tral. .. August___
Tex. & St. L ...................
339.604
34,842
303,951 I. B. & W. ine. b f is ....
45,114
V icksb’r g * Mer. September
1st
m
ort.,M
.&A.div.
....
■
7
13,273,744
8
I2
13,331,506
360,341
K eely Motor . . . . . . - - -W ab.S t.L .& P ... 3d wk Oct. 381,475
Incom es
d o ...........
80
871,988
778,902 L.& N.col.trust hds ’ 82 79
199,246
215,98t
W est Jersey . . . . A ugust—
...
bonds
in
T
exas
..........
12
1,068,996
Lehigh & Wilkesb. Co.
30,758
W isconsin Cent. Istw k O ct.
....
gra’ t&iuc.bds in Tex
m
mmm
Texas
Pac.
ine.
scrip.
532
31*
* Since June 1st in 1883 includes earnings o f Cent. R R . o f New Jersey,
126
U. S. Elec. Light .......... 1Ï7
2 9 78 31
i U nion R oad not included in 1882.
95
!
Utah
Central,
1st
___
_
90
100
Micb.&O.—Subs.85 p.c
t Included in Central P acific earnings above. _
4 32
Vicksb’g & Meridian... 332
38
M. K. &. T. me. scrip. 36
11Includes St. Louis Iron Mountain & Southern in both years.
2234
....
16 ’ I n c o m e s ...............
M .U .St’k Trust C erts..
i IT Includes International & Great Northern in both years.




THE CHRONICLE.

O c t o b e r 27, 1883.]

%xwtstms
AND

RAIL, "ROAD

I N T E L L I G E N C E

445

ANNUAL REPORTS.
P u llm a n ’s Palace Car Company.

{For the year ending July 31, 1883.)
The annual reports of this company are merely statistical,

The I nvestors’ Supplement contains a complete exhibit o f the and contain no remarks in regard to the operations or condition
of the company. The income account and balance sheet for
Funded Debt o f States and Cities and o f the Stocks and Bonds the past three years have been compiled for the Chronicle as
o f Railroads and other Companies. It is published on the follow s:
INCOME ACCOUNT.
last Saturday o f every other month—viz., February , A pril,
1880-81.
1881-82.
1882-83.June, August, October and December, and is furnished with­
Revenue—
$
s
$ Earnings
(leased
lines
in
clu
d
e
d
)..........
2,355,267
2,815,986 2,946,278
out extra charge to all regular'Subscribers o f the Chronicle. Proportion of earnings o f other sleep­
ing-car associations controlled and
Single copies are sold at $2 p er copy.
operated.............................
Patent royalties and m anufacturing

T he Investors’ Supplement. — This week the Supplement is
p rofits.......................
issued with the Chronicle. It contains an article showing at Profit and loss, including interest, dis­
much length the terms of nearly all the preferred stocks on the
market. The Supplement has been greatly improved and en­
larged in its railroad tables (see pages 15 to 62.) The price of
extra copies to subscribers of the Chronicle has been reduce I
to 50 cents, and the price of single copies of the Supplement to
persons who are not subscribers of the Chronicle has been re­
duced to $1 00.

N ew Y ork Chicago & Sr. Louis R ailroad.— This company, com­

count and e x ch a n g e. . . . . . . . .............

481,573

582,231

605,596

145,547

339,321

531,371

13,109

Total revenue . . . . . . . ......... .............. 2,995,496
Disbursements—
Operating expenses, including legal,
general, taxes, and insurance (leased
. lines in clu d ed ).................... .
768,310
Maintenance o f upholstery and bed­
175,499
ding (leased lines included)...................
Proportion of operating expenses, &e.,
in cars o f other sleeping-car associa­
tions controlled and operated . . ____ . 1 3 2 ,6 0 0 .
Rental o f leased lines.................... .
264,000
Coupon interest on bon ds....................
191,867
Dividends on capital s t o c k . . . . . . ............
482,166
Profit and loss, including interest, dis­
count and ex ch a n g e. . . . . . . . . . . ______
........

.........V

13,115

5,737,538

4,093,245

917,308

976,380

207,156

217,634'

148,427
264,000
169,043
870,937

175,702
264,000
171,074
1,235,142

monly known as.the Nickel-Plate, has been prominent from its
20,955
inception. It has been one of those corporations which help to
Total
disbursem
ents___
___
.
.
.
___
2,014,442
2,5 97,8 6a 3,039.932
remove railroad matters from the realm of dry, hard, uninter­
Net result.................................... .
981,054 1,139,672 1,053,313
esting fact, to the field of romance and imagination.
Balance o f account for rebuilding and
remodeling cars into the latest standThe rapid construction of the road and its successful sale to
ard Pullman c a r :............ .......................................
128,136
the Messrs. Vanderbilt, and by them to the Lake Shore & Michi­
Balance o f surplus fo r the year carried
gan Southern Railroad Company, are familiar to all. The road
to credit o f incom e a c c o u n t............
931,054 1,011,536 1,053,313
was opened in October, 1882, but did not immediately get in
BALANCE SHEET JULY 31.
1881.
1882.
1883.
fu ll working order for through business; the first information of
Assets—
$
$
$ .
its operations is given by the brief report to the Illinois State Cars and equipments, including fr a n -.
chises*.......
.....................................
cost.
9,020,601
9,802,622
9,858,049
Railroad Commissioners for the year ending June 30,1883. From Car works at D etroit........................ “
370,520
378,401
379,594
this it appears that for the period of about eight months from Car works at Pullman, & c.............. “ 2,545,905 4,814,961 6,050,205i
Patents, United States & foreign. “
184,383
184,388
194,383
Nov. 1 to June 30, the gross earnings were $1,045,546 ; operat­ Furniture and fixtures ... ............ “
65,726
67,201
. 68,954
estate, &c., Chicago and St.
ing expenses, $895,542 ; net earnings, $150,004. The rental Real
Louis, & c . . . ............... .
65 ,045 . 262,881
316,670
paid the Chicago & Western Indiana Railroad for entrance into Invested in other car associations
controlled and operated.......... “
2,491,904 2,737,364- 3,705,025
and terminal facilities at Chicago is probably $150,000 per Stock o w n e d ...'.___ ...............................
22,500
250,000
434,530
year, or about $100,000 for eight months, leaving the actual Construction material and operating
supplies, including amount paid on
net earnings $50,000. It is hardly necessary to say that the
cars in process o f construction. ____ 1,454,356 2,192,950 1,213,194
Lum ber....... . ............. . . . . . . . ...................
705,933
first year of a road’s operations furnishes no criterion by which Balance o f current accounts ........ ......
.........
97,892
- 87,157
506,534
168:832
to judge of its ultimate prosperity; but a road running through Cash and call loans.................................
a comparatively old country, and dependent largely on through
Total assets..................
16,308:097 21,295,279 23,095,369
Liabilities— '
business, has not the prospect of increase from local traffic
Capital stock ..................................... i . . . 8,023,800 12,574,600 13,269,500
possessed by a road running through a new and undeveloped Bonds outstanding.. . . . . ..... .................. 2,222,500 2,255,500 2,269,500
Received from sale o f old cars leased
agricultural country.
from Central Transportation C o ___
423,157
441,356
441,356.
497,934
W hat is now the situation of the Nickel-Plate road ? A Balance of current accounts........ .
288,534
Surplus invested in the assets o f the
majority of the stock ia held by the Lake Shore & Michigan
'com pany, less w ritten off during the
year H......................... ......................... 5,140,706 6,023,823 6,826,479
Southern Railroad Company, and there is little prospect cf
the control changing, for the bondholders having votes could
Total liabilities.
.16,308,097 21,295,279 23,095,369
hardly side with the minority stockholders in any effort to over­
* 502 cars in 1881 ; 5 6 4 in 1882 ; 579 in 1883.
t Written off—in 1881, $235,456; in 1882, $128,419; in 1883, $250,658.
throw the present management, as the bondholders in such
action might commit financial suicide— their bonds now hav­
ing, for all practical purposes, a guarantee by the Lake Shore
GENERAL INVESTMENT NEWS.
Company. The interest and rental charge of the Nickel-Plate
Boston & Alban y.— The annual statement of the Boston &
road must now be about $1,930,000 per year, made up as fol­ Albany Road for the year ending September 30 shows that
lows : Interest on $15,000,000 first mortgage 6 per cent bonds, after meeting all charges, paying an 8 per cent dividend and
$900,000; interest on $4,000,000 equipment 7 per cent bonds, $411,000 for work upon the third and fourth tracks -of the
$280,000 ; interest on $10,000,000 second mortgage 6 per cent Woonsocket branch to Riverside, the surplus for the year is
$235,971, against $44,382 for the year preceding. The total
bonds, $600,000 ; rental to Chicago & Western Indiana Rail­ income has been $8,539,875, and the total expenses $6,158,904,
road Company (say) $150,000 ; total, $1,930,000. .In addition to leaving the net earnings $2,380,971.
these charges, the equipment bonds fall due $400,000 yearly,
Cairo & St. Louis.— The annua1, report of this railroad to
beginning with 1885. It is possible that all of the second mort­ the Illinois Railroad Commissioners gives the total income for
year ending June 30, 1883, as $386,811, against which were
gage bonds have not yet been issued, but it is presumed that
expenses amounting to $269,917, a 5 per cent dividend of
they will all be outstanding by the end of the current year, as no $130,000, and other expenses aggregating $20,192, leaving a
notice was given in the circular to the Stock Exchange of the deficit for the year of $24,299, ana reducing its total balance to
$10,549.
reservation of any of these bonds.
Chicago M ilw aukee & St. P a u l.— The “ Jim” River line o f
The Lake Shore issued for the purchase of IJjckel-Plate stock
the Chicago Milwaukee & St. Paul road, from Mitchell to Bis­
(now held in its treasury), $6,500,000 of its own 7 per cent
marck, is completed to Ellendale, a distance of 175 miles north.
bends, making an annual interest charge on these of $456,890,
Cincinnati
Eastern.— The
Cincinnati News-Journal
which, added to the fixed charges of the N. Y . C. & St. L . Comsays that the first report of Receiver Woodward sub­
pany, as above stated, make the total yearly charges on the mitted to the Court, shows the condition of the prop­
acquisition of the new property $2,386,890. The Lake Shore erty to be as follows: Indebtedness— first mortgage bonds;
has not yet merged the Nickel-Plate into its own system of $500,000; second mortgage, $259,500 ; third mortgage, $704,900; Ohio River Branch bonds, *$86,000.
Besides suffi­
roads, and has not guaranteed any of its bonds; but so long as cient third mortgage bonds reserved in the hands of a
Control of the road is maintained, it must be understood that t.-ustee to refund the first and second mortgage bonds,
and a reserve fund to be paid out by the trustee as the road is
the obligations will all be met.
The total interest charge of the Lake Shore Company on its finished, at the rate of $15,000 per mile. Floating debt secured
by third mortgage, $162,879 ; debt not so secured, $176,539.
funded debt in 1882 (prior to the acquisition of Nickel-Plate) Miles of track— main line, 8 6 '5 ; branch, 14-3 ; total, 100 8.
was $2,714,955.
The report presented to the court contains estimates of the




TH E CHRONICLE.

M 6

cost of completing the road to Portsmouth and widening the
entire line to a standard guage, making a total of $235,427 54.
An order has been issued to the receiver by the Court of Cler­
mont County to proceed at once to complete the construction'of
the railway, and to alter it from a narrow to a standard guage
from Batavia Junction to Portsmouth ; and in order to do this
he is empowered by the order of the Court to issue receiver’s
certificates for the purpose of paying the expenses, to the ag­
gregate amount of $250,000 ; the certificates to be redeemable
In six months, and payable in three years, and to bear six per
Cent interest from the date of issue, and these certificates
when issued, shall be the first iien upon the roadway and prop­
erty of all kinds and franchises of the company.
D akota Finances.— A recent issue of bonds of this Territory
has been made for the enlargement of the State Asylum. ^ This
immense Ten itory contains now an estimated population of
500,000. The funds have been provided for the building of the
Capitol at Bismarck, penitentiary at Bismarck, an agricul­
tural college, an addition to the Hospital for the Insane at
Yankton, and other improvements which have been absolutely
necessary, and they have been made upon a very_ economical
scale. The last assessed valuation of property subject to taxa­
tion was $52,000,000. The present valuation is estimated at
$80,000,000. The total debt, including bonds issued for the
above improvements, is $269,000. Its bonds are issued under
acts of the Legislature of the Territory, which are in accord­
ance with powers granted to it by Congress. In case of a
division of the Territory, the laws under which most of the
bonds are issued provide that that part in which the improve­
ment is located for which the bonds were issued shall assume
and pay them.
N ashville Chattanooga & St. Louis.— The earnings and ex­
penses for September, 1882 and 1883, and for the three months
o f the fiscal year, have been as follows: •
i-------- Sept
1883.
Gross earnings...............$197,798
Operating expen ses
105,942

N et earnings— . . . . . . .
in terest and t a x e s ....
Surplus............ ..

^

1882.
$190,196
109,588

-------- Ji nl ' ort
1882.
1883.
$566,478
$609,925
325,384
310,019

$91,856
55,120

$30,608
54,039

$299,906
165,691

$241,093
162,054

$36,736

$26,569

$134,215

$79,039

New York & New England.— The gross darnings of this
railroad for the year ending September 30, 1883, were $3,550,00. Operating expenses were 70 per cent of this amount,
or $2,485,000. About $400,000 were used for extraordinary
expenses, leaving the net income $600,000. The fixed charges
were at least $1,000,000, leaving a deficit of from $400,000 to
$500,000.
New York Stock Exchange.— The Governors of the Stock
Exchange have admitted to dealings the following securities :
Milwaukee Lake Shore & Western Railway Company —
An additional $479,000 first mortgage 6 per cent bonds, issued
upon 39 99-100 miles of new road.
Philadelphia & Reading Railroad Company.— Deferred
income bonds, $34,300,000. The bonds are irredeemable, and
are entitled to interest only after payment of 6 per cent on the
company’s common stock, at the rate of u p to 6 per cent
per annum, and thereafter rank p a ri passu with the common
stock.
Northern Pacific Railway Company.— An additional $3,750,000 of general first mortgage bonds, making the total issue
listed $42,727,000 on 1,709 8-100 miles of road.

Chicago St Paul Minneapolis & Omaha Railway Com­
p a n y .— An additional $820,000 of consolidated mortgage 6 per
cent bonds due in 1930, issued upon 54 67-100 miles of new road.
Oregon Short Line Railway Company.— An additional
$4,500,000 of first mortgage 6 per- cent bonds and $8,500,000 in
shares of capital stock.
Chicago Milwaukee & St. Paul Railway Company.— An
additional $1,500,000 of the first mortgage 5 per cent bonds on
the Chicago & Pacific, Western division ; issued on 75 miles of
new road.

Chesapeake Ohio & Southwestern Railroad Com­
p a n y . — Mortgage 30 year bonds, due August 1,1911, bearing 5
interest to August 1,1887, and thereafter 6 per cent.
?er'he cent
mortgage securing the bonds covers the railroad of the
company constructed, or to be constructed, between Louisville
and Memphis, a distance of about 400 miles, together with the
appurtenant property, and all rights, title and interest in the
Cecilian branch leased from the Louisville & Nashville Railroad
Company, and is issued at the rate of $19,000 per mile upon the
railroad and branches owned and operated by the company
between the said points. Five hundred of said bonds are
reserved, to be delivered»as fast as the $500,000 of bonds of the
Paducah & Elizabethtown Railroad Company are retired.
; Cleveland Columbus Cincinnati & Indianapolis Rail­
w a y Company, having, by a vote of its directors, waived
its right to call in and pay its consolidated bonds under the
operation of the sinking fund, provided for in the original
issue, has authorized John A. Stewart of the United States
Trust Company, New York, to stamp the bonds on presentation
as follows : “ Pursuant to the terms of an agreement between
the company and the trustees, dated the 28th day of April,
1880, and at the request of the holders hereof, this bond is
released from the operation of the sinking fund provisions in
it mentioned. The Cleveland Columbus Cincinnati & Indian­
apolis Railway Company, by John A . Stewart, its agent.” The
«company asked the Stock Exchange hereafter to have the




[VOL. X X X V II.

bonds called as consolidated bonds, and to require all bond»
to be stamped as required to make them a proper delivery.
The Governors very properly decline to make the acceptance o f
the waiver compulsory on the bondholders, but do order that
they be designated hereafter as follows, v i z /: “ Those stamped
released from sinking fund provisions to be called consolidated
mortgage bonds; those without stamp to be called consoli­
dated mortgage sinking fund bonds.”
Northern Central.— The comparative statement of gross
earnings and expenses for September and for the nine months­
ending September 30,-is as follows:
/------- September.------- ,
1883.
1882.Gross ea rn in g s............. $515,726
$557,558

r -’dmos. ended Sept. 30 .—,
1883.
'1882.*
$4,552,137 $4,255,773

Operating expenses . . . . $279,629
Extraordinary expenses
15,340

$298,181
23,002

$2,495,028
271,958

Total expenses.........$294,969

$321,183

$2,766,986

$2,660,477

Net earnings............ $250,757
* Union Railroad not included.

$236,375

$1,785,151

$1,595,296

$2,439,658
220,819

Northern Pacific Railroad Company.— Under date o f
Oct. 17,1883, a circular has been issued to the holders of pre­
ferred stock in this company .which, after referring to the spec­
ial meeting to be held Nov. 20, proceeds as follows :
“ Y ou are requested to attend the special m eeting to he held on
November 20th, or to give authority to represent your vote at said
m eeting b y signing the accom panying proxy.
“ Y our B oard consider it their duty to submit the follow in g explana­
tion relative to the Objects of the meeting. In our report fo r the fiscal
ye^r of 1882-83, you were duly advised o f the existence o f a deficiency
arising from the excess o f the cost o f construction and equipm ent off
the main line, over available resources, and am ounting on June 30th,
1883, to $7,986,507,92. Y ou were further inform ed that in order to
avoid embarrassment to the Company from the pressure o f a large float­
ing debt, an arrangement had been entered into w ith -th e Oregon <fc
Transcontinental Company, under w hich that corporation made the
necessary advances in open account. It was agreed that this companyshould secure these advances tem porarily by the issue o f such obliga­
tions as could be created under the restrictions of the Plan o f Re-organ­
ization. This assistance proved of incalculable value, as, besides assur­
ing the speedy com pletion of the road, it has saved this com pany during
construction from the constant embarrassments that a large floating
debt w ould inevitably have entailed. The deficiency at the close o f the
pdst fiscal year was increased .by further requirements for construction
and equipment purposes, between July 1 and October 1, by the sum o f
$ 1,473,412 91, so that on the latter date it .amounted to the total o f
$9,459,920 83.
E ver since it becam e evident that the main line could not be complete«!
and equipped from the proceeds o f the sale o f first m ortgage bonds,
your board has been fu lly im pressed with the necessity of dealing w ith
the deficiency at the earliest possible m om ent; but no measures of
relief could be determined upon and proposed to you, until the actual
cost of the main line over available resources could be ascertained w ith
accuracy, w hich was not practicable until the‘!construction work had
reached its later stages It is indeed only now that we are prepared to
make a definite statement in this respect. There w ill be required in
addition to the deficiency o f $9,459,920 83 on October 1st, the sum Of
$5,500,000 for the follow in g purposes:
For accruing construction estimates and v o u c h e r s ..................$1,660,00
For m eeting future estimates of Chief Engineer for com ple­
tion o f main line, including m achine shops, station houses,
w ater tanks, coal bunkers, & c........................ ............... ............. 1,267,000
Bridge over Snake River, at A insw orth.......................................- 420,000
For present w ork on the bridge over the Willamette R iver at
Portland, O regon .......................... . . . . L . . . . ................................
35,000
A dditional m otive p o w e r. ............................................. ................
746,000
A dditional rolling stock ................................................................... 1,266,000
Miscellaneous ........................ ............................. ..........................
100,000
$5,500,000
This amount w ill provide the funds to- finish the construction and
equipm ent of the road, except the sum of $750,000, w hich will be gradu­
ally needed, in the course o f tw o years subsequent to M arch 1st next,
fo r the com pletion of the bridge over the W illamette, and can be
readily m et out of current in com e, or out o f the reserve o f the bonds
hereinafter mentioned.
W e have thus a total, exclusive of the cost o f the W illam ette bridge,
o f $14,959,920.83 excess o f requirements over the proceeds of the gen­
eral first mortgage bonds. It is due to you that you be told plainly, so
that you shall understand clearly, the causes that com bine to produce
this deficiency. In the first place, the cost o f the Yellow stone, Clarks*
Fork and Pend d’ Oreille divisions w as greater b y $5,500,000 than the
engineer’s original estimates. The loose material encountered, instead
o f solid rock, in the Bozeman and Mullan tunnels largely increased the
cost o f these works over estimates, besides necessitating the construc­
tion of temporary overhead lines at an expense o f $140,000. The cost
of the Bismarck, Snake R iver and W illamette bridge w ill be m ore than
was expected, owing to the extra cost of the foundations, approaches,
&c. Then, again, the developm ent o f traffic was such that fu lly forty
per cent more mfttive pow er and equipm ent was required than had
been estimated. Last, and not least, the Minnesota, Dakota and Missouri
divisions of the main line were in such condition, and the requirements
o f business so large, that in order to render their safe and econom ical
operation practicable, a total expenditure during the past three years o f
$3 804,501 51 for renewal o f track and superstructure, erection on
shops at Brainerd and elsewhere, and other betterments, was indispen­
sable. The cost of the erection of the office building at St. Paul is also
included in these expenditures.
We do not hesitate to say that it is as good a road as has ever been
built for the m oney west of the Mississippi R iver. It has been ex ­
amined b y a number o f eminent Am erican and foreign experts since
the opening to through traffic, and their united testim ony is to this
effect. And it is to the thorough character o f the construction that the
excess of the actual cost over the estimates m ust be largely ascribed,
but on the other hand the road w ill hereafter be operated so m uch more
cheaply and efficiently, in consequence o f the thorough m anner in
which it has been built, that the stockholders w ill find that they have a
full equivalent in the enhanced expenditure.
After due consideration o f the situation o f the com pany in all its
bearings your Board concluded to request your consent to the creation
o f a second m ortgage as security for the issue o f $20,000,000 o f 6 per
cent gold bonds. The new m ortgage w ill be on all the property o f this
com pany (except the lands east o f the Missouri R iver, w hich w ere
reserved b y the plan of reorganization fo r the benefit o f the preferred
stock) subject only to the priority o f the present general m ortgage, and
it w ill’be similar in term s and conditions to the general m ortgage, and
subject only to its liens.
Y our Board is pleased to say that it has received a proposition from a
syndic;.te represented b y Messrs. D rexel, Morgan & Co., W inslow,
Lanier & Co., and August Belmont & Co., to take $15,000,000 of these
second m ortgage bonds firm at the price o f 8 7 ^ cash, less 5 per ce n t
commission in bonds, with a six months’ option to take $3,000,000
more on the same terms. Considering the proposition a fayorable one,

O c t o b e r 27, 1883. J

THE CHRONICLE

w e accepted it subject to tlie authorization o f the m ortgage h^ you at
the special m eeting to be held N ovember 20.
The sale o f the $18,000,000 o f second m ortgage bonds at the stated
price w ill enable the com pany to m eet all its existing liabilities, and
p rovid e fo r its com ing construction and equipm ent requirements and
leave a reserve o f $1,100,000 o f bonds in the treasury.
Y our B oard regrets the necessity o f the creation o f a new lien upon
y ou r property, but the stockholders should remem ber that every dollar
o f additional capital put into the road adds to its value and earning
capacity, and perm its o f its m ore econom ic operation. The earnings of
the road during the five weeks it has been operated as a through line
from September 8, have fu lly m et our expectations, being * 1,511 «0 0
(excluding construction and com pan y freight), and w e feel sure that
th ey w ill continue to do so. A ll com petent ju dges w ho know the system
o f railroads, steam boat and steamship lines tributary to the main line
on the Pacific coast, agree w ith us that the through business w ill add
v ery largely to our gross earnings. M oreover, on O ctober 1, under an
am icable arrangem ent w ith the U nion Pacific Railroad Company the
business o f Butte City, M ontana, was opened to this com pany! and as
announced m the press, w e have also m ade an arrangement
from Californfa^ 0^ 1r«« h co. ^ ni? s
w hich w e take b u s in e s s ^ and
Lahiornia. Our road w ill derive large benefits from both these
sources.
B y order o f the B oard o f Directors,
H. V i l l a e d , President,

. regard to the suit brought by a holder of common stock
to enjoin the issue of second mortgage bonds, the officers of the
company say that “ he asks that the company be enjoined from
issuing bonds or making a mortgage until Congress gives con­
sent. 1 hat consent was given long ago, and ktr. Bradleyhas
no standing. He had 200 shares of common stock transferred
to him on baturday to bring the suit in question.”

_______

447

th edsame° lfen'<f n d ? o f a^ 0’i nts’ substituting securities h a^n g
periods
mits a draft of a bill embodying this su^estinn
h“
mends, also, the appointment o f a commission to Svestffate
H ° L rT r r t+O CODgI!eSf. a11 questions relating to fh e eSab!!
the U
n ited S titi« SsP° f tatl0nti!ateS °,Ver ° r upon railroads within
the
United
States so far as they relate to inter-State commerce.
CENTRAL PACIFIC.

W ith respect to the Central Pacific Railroad Company the
Commissioner reports: ‘ ‘ The amount found due the Governernment as 25 per cent of the net earnings of the subsidized'
«?Q9 Q0K°f thl-S rf a<U ° i
Jear ended December 31, 1882, was
$79-w,925, against which the company had performed transpor& 1 § ^ c e s on ^ided and non-aided lin es amounting to
$1,051,862, a 1 of which had been retained by the Government.
balance due the company for that year of $258,942;
While the tonnage and number of passengers carried were
greater in 1882 than m 1881, the revenue- from these sources
has been nearly $500 per mile less than in 1881, indicating a
clear reduction in pass6D£f6r and freight rates.
company June 30 : Number of miles subsidized,
i ? J V o nUnber of mites owned, 1.204 05; number of miles leased,
qoc S'oS 5 average number o f miles operated during the year!
3,067 2 7 ;^stock issued, $59,275,500, par value, $1001 subsidiary

— The Finance Committee of the Northern Pacific Railroad
Company has decided to defer issuing the proposed circular
relative to the financial condition of the company for about two
* eekaof the offlcers of the Northern Pacific said yester­
day that $35,000,000 out of the $41,000,000 of the preferred
stock had been secured by persons favorable to the new issue
• ot bonds. The suits of William H. Field and John J. Bradley
r a S r i S t f 7 ’855,6! 05 funded debt, $53,971,633; bills
to restrain the proposed issue, have been removed to the United f u n d i i o Q c ^ 30,-40.0; af c°uuts payable, $2.413,838; hospita
states Circuit Court, as involving the construction of an Act of iuna, $103,885; interest accrued on subsidy bonds, $25,120,804»
Congress.— AT. Y. Times, Oct. 26.
1 Ue’ °,n funded debt, $1,349,655; total
_ O h i ° C entral.— The ¿olders of the first mortgage (River road fiQQ Qnn’S S 5 caPJtal stock and debt, $175,721,395; cost of
9«n>300,205; cost of equipment, $8,238,655; real estate,
Division) bonds of the Ohio Central Railroad, on which default
£ j » $ 8 M S September 1, have begun a suit in equity in the $-,799,3b0; total cost ot road and equipment, $150,338,220; cash,
Sixth Judicial District of the Circuit Court of the United States. materials and sinking funds, $168,743.271. The company also
M
of complaint has been filed in Columbus, Ohio, and owns lands and water-front in San Francisco, Oakland and Sac­
Charleston, W est Va., by which states the road was chartered. ramento estimated at $7,750,000. The earnings for the fiscal
(amant is William F. Owens, the chairman of the year ended June 30, on all the roads operated, are reported as
follows : Passengers, $7,789,892; freight $15,277,008; mail $675,<£?nno nnnerSmb0mmitt*.e?* Tbe Ri7 er DivisioQ mortgage is for 177, miscellaneous $1,309,835; total, $25.051,912. Operating
$7,000,000. The court is requested to enforce the terms of the
mortgage ; to restrain Nelson Robinson from continuing his fnterest paid
n et.earmQgs $8,145,188; net
suit, which he has transferred to the Circuit Court of the interest paid, $3,529,390; dividends paid, $3,556,530.
United States, and to direct John E. Martin, as reUNION PACIFIC.
ceiver, to turnover the property to a receiver to be appointed
^ j t h respect to the Union Pacific Railroad Company
in this mut. The application for a receiver will be made before
the Commissioner reports: The main line from Omaha ta
Judge Baxter, of -the Circuit Court, Nov. 15.
u f d^ n. s 18 now all laid with steel ra il; grades and curvatures
Pacifie R ailroad s.— Mr. Armstrong, the Commissioner of are being reduced, and a large amount of ballast has been laid.
Railroads, has made his report for the past fiscal year ended I be Kansas division main line of 639 miles, from Kansas City ta
June 30, 1883. He reports the following as the total indebted­ Denver, has 450 miles o f steel rail. Business of the company is
ness of the several subsidized Pacific Railroads to the United increasing and its financial affairs are in good condition. The
States on June 30 :
twenty-five per centum of the net earnings o f the subsidized
_Union Pacific, (inèluding Kansas Pacific)— Principal, $33,539,*9 n o o V i
road i f f 7 ear ended Dec. 31,1882, amounts to
512 j accrued interest $31,087,184 ; total, $64,626,696.
$3,632,312. Transportation services rendered by the company
Central Pacific (including Western Pacific)—Principal $27 - t0. i \ e Government amounted to $1,139,709, all of which was
855,680 ; accrued interest, $25,120,804 ; total, $52,976,484
withheld, and this, with a balance of $66,696 found to be due
«1
oc£ityw ^ al fi^ P/ , l ncipa1’ $ 1>626,320; accrued interest, the Kansas division on the settlement of 5 per centum of net
$1,464,297 ; total, $3,090,617.
.
earnings for the same period, aggregates $1,206,406, leaving a
Central Branch Union Pacific— Principal, $1,600,000 ; accrued balance due the United States of $825,906, of which payment
interest, $1,549,808 ; total, $3,149,808.
^
was demanded April 21, 1883.
. This makes a grand total of $123,843,605. The total credit
The following is a statement of the condition o f the road on
is as follows1 : Por transportation services performed and money "Une 30 5 Number of miles subsidized with bonds and lands,
paid into the Treasury— Union Pacific, $18,535,040; Central ost 1 ’ addlfci°ual number of miles subsidized with lands only,”
Pacific, $7,653,813 ; Sioux City & Pacific, $121,355 ; Central 35 1 ; leased to the Central Pacific Company, 5 miles ; owned
Branch Union Pacific, $159,081 ; or a total of $21,469,292. Thus f?o\0perated during the year, 1,813*8 miles ; stock issued, $60,the balance in favor of the United States, but not due until 8b8,500, par value, $100 ; subsidy bonds outstanding, $3 3 , 539 ,maturity of the principal, 1895-’99, is $102,374,313.
512 ; funded debt, $83,937,980; bills payable, $3,399,000 ; dfeA t the close of the fiscal year the Treasurer of the United ^°nn p a y alfie. $663,387; pay-rolls and vouchers, $2,136,862:
States held on account o f the sinking fund of the Central
bonds’ $89,000 ; interest accrued on subsidy bonds, $31,Pacific, $2,404,016, and o f the Union Pacific, $1,632,698
, L mterest on funded debt, $2,087,091 ; dividends unpaid,.
Investments have been made by the Secretary of thè Treas­
; total debt, $158,037,545; capital stock and debt,
ury as follows :
$218,906,044; cost of road and equipment, $157,102,114 ; cash,
CJJwti'&ctGVo f bonds.
Union 7V/ci fit*
Gent. Pacifie. materials and sinking funds, $5,191,962 ; land contracts, lancT
Funded loan o f 1881, 5 per cent. . ..................?$256,450
$ 7 3 6 ,7 0 0 cash, etc.; $7,423,365; bonds and stocks owned, $40,386,530;
Funded loan o f 1907, 4 per c e n t .. . .
32 650
1 9 9 ,1 0 0 miscellaneous investments, $242,755 ; interest repaid U nite*
Currency s ix e s ....................................... .1:'.” ! ” 361Ì000
4 4 4 ,0 0 0
States by transportation services, $7,109,256 ; bills and accounts
$1,379,800 recei^ able $3,065,716; due from United States for transporta- .
179,564 tion, $9,848,436 ; total, $230,370,134.
'The earnings for the fiscal year ended June 30,1883, are
m
.
, . ■
.
$774,165
$1,559,364
There remained in the United States Treasury on June 30 reported as follows : Passenger, $4,946,643 ; freight, $14,844,K
so*
following amounts : Credit of Union Pacific, oen L ? aik $ 755’440 ; miscellaneous, $1,433,433 ; total, $21,$ ° o8,532 ; credit of Central Pacific, $844,652,
,,979,bb8 . Operating expenses and rentals, $9,824,708 net earar ,u ;f ei eFi°rt says,; “ TJ?at the sinking fund has not accom- ings, $12,154,960; interest paid on funded debt, $5,237,639 ;
P
®u ,the result anticipated, is quite evident, and may be i M o - ? i sn pa! d’ $4>260,795 ; gross earnings show a decrease for
* a future for want of suitable investment. The 1883 ot $2,114,959.
SIOUX CITY & PACIFIC.
a*! w W ?.S*“ enfc for tbe U“ ion Pacific was made April 6, 1881,
but fhp
a Premmm as high as 35 per centum was paid,
Of the Sioux City & Pacific Railroad Company the Com­
of premium1’’ 7 repeatedly Protested against such high rates missioner reports: Miles of road owned, 107 42, of which
10177 are subsidized; miles road leased, 311-12; total miles
t h a U h ^ mn f 1 ^ f K renews J1*, recommendations of last year operated, 418 54. Capital stock and debt, $8,008.199 ; cost of
o f the sinking
b*e f e n d e d to provide for the ‘ investment road and equipment, $5,459,897; cash and materials on hand,
panies o ^ s n iif
the first mortgage bonds of the corn- $133,139; stocks and bonds, $500; miscellaneous investments,
united* States m- inn<^tuaS kavf beeu issued to them by the $519,000; due from United States, $161,899; accounts receiv­
fo i the convenor,
g 7 d and sufficient securities', and able, $117,248; total, $6,391,683. Earnings for year: Pas­
iVsaid s i X l f n n f w e bondSt,f the United States now held senger, $306,990; freight, $676,009; mail, $30,888; Miscel­
vestment^ o f
* 1 market rates, and the rein­ laneous, $47,973; total, $1,061,860.
Operating expenses
vestment o f this money into the first mortgage bonds of the
$966,250; ordinary net earnings, $95,611; net earnings on




TH E CHRONICLE,

448

s u b s i d i z e d portions of road, $108,896, of which 5 per cent
amounts to $5,445.
Pennsylvania R ailroad.— The gross and net earnings in
Sept., 1882 and 1883, are specially compiled Tor the C h r o n i c l e
in the table below. In September, 1883, there was an increase of
$217,396 in gross earnings and an increase of $187,938 in the
net'.
For the nine months tiiere was an increase in 1883 ol
$12,005,130 in gross and $472,046 in net earnings.

1 Yoii. X XXV II,

’*)lxe j q m m m M
COMMERCIAL

jin x e s .

EPITOME.

F riday N ight, Oct. 26,1883.

_

General trade proceeds on a moderate scale, but it may bo
said that a more cheerful feeling pervades mercantile circles.
ATT, LINES EAST OF PITTSBURG AND ERIE,
There is less apprehension of disturbing complications, and,
-Net Earnings.
------- Gross Earnings.--------»
1882.
more disposition to regard the season’s business with equar
1883.
1883.
1882.
$1,074,266
$1,471,058
J a n u a ry $3,929,357
$3,373,321
1,079,621 nimity, if not with satisfaction. The Stock Exchange is firmer,,
1,336,694
3,712,215
3,306,750
F eb ru a ry ___
1,415,802
1,455,427
M a r c h .... . . .
4,189,380
3,912,293.
1,319,311 and fears of a damaging decline in railroad securities are quite
1,467,831
A p r il. . . . . . . . .
4,061,750
3,855,850
1,766,789 removed, and altogether the financial situation is more assur­
1,608,674
M ay ...............
4,303,006
4,108,877
1,534,333
1,179,142
4,156,871
4,093,756
j a n e ...
1,647,093 ing. Exports of domestic products are fairly active, and but
1,492,734
J u l y .. 4,130,950
4,149,150
2,032,860 little disturbed by speculative action.
2,142,622
A ugu st____ . . . 4,775,380
4,671,179
1,671,873
1,859,811
S ep tem b er... 4,634,998
4,417,602
____________ _____ ________
It has been a slow week in speculative provision circles; for a
T o t a l 9 m o s .. $ 3 7 ,8 9 3 ,9 0 7
$ 3 5 ,8 8 8 ,7 7 8
$1*4,013,993
$ 13 ,5 4 1 ,9 4 8 time prices were maintained on lard, but latterly the feeling
As to the lines west of Pittsburg and Erie, the monthly has been weak and figures have been lowered. Pork has con­
reports issued in 1882 and for the current year show the results
below. The company’s report, however, states a loss since Jan. i , tinued easy. To-day. mess pork sold at $11 50 on the spot.
Western contract lard brought 7 ‘65e. and refined for October
1883, over the same period in 1882, of $192,070.
8c.; November and December deliveries were quoted at 7 ‘90c.
ALL LINES WEST OF PITTSBURG & ERIE.
Net Surplus over all Liabilities.
Inc. or E tc. in and South America 8 ‘50c.; October options realized 7 -60c.; N o- .
1881
1882.
1883,
January
.................V. $174,981
$9,741
I n c .. ^ 6 5 ,2 4 0 vember, 7 ‘52c.; January, 7 ,51@7*60c.; seller year, 7,50@7-52c.;,
February" ................... Def. 164,776 Def. 121,307
D e c ..
43,469 February, 7'64@7*68c., closing weak; October, 7 ,55@7‘60e; ; No­
M a r ™ .........
225,951
36,532
I n c ..
139,419
A pril
149,710 17,047
x n c .. ■ 132,663 vember, 7;51@7'52c.; December and year, 7*49@7 51c.; January,
M av .......
- ................Def. 34,575 Def. 101,556
I n c ..
„66.981
7-56@7'57c.; February, 7 ,63@ 7,65c. Bacon was almost nominal
j ^ a e .......
............Def. 168.360 *
38,886
D e c ..
2 0 /,2 4 6
J u ly ” ........................
126.759 336,347
D e c .. . 209,588 at 7% c. for long clear. Beef hams remain firm at $19 5 0 @
S
.........................
247,490
290,562
D e o ..
43,072
318,522
437,029
D e c ..
113,507 $19 75, and beef is quite steady at $20@$22 for city extra India
s i t S b e ' r . ' : ....................
.Total 9 m o n th ...
$875,702
*943,281
D e c ..
$67,579 mess; all other provisions were very quiet. Tallow sold at 7 %
__Proposals will be received by the Penn. RR. Co. until Nov. @ 7 9-16c., and stearine was weak at 8% c. for prime and 8% c.
30 for the purchase of $2,500,000 registered bonds of the for oleomargarine Butter is now better, owing to the reduced
Steubenville & Indiana Railroad Company, being part of a loan supplies of the best grades; creamery best, 27@29e. Cheese isof $3,000,000 first mortgage bonds of said company, maturing
January 1, 1884, but extended for thirty years from date of ma­ quoted at 12@12%c. for the finest, though recent receipts have
swelled the general supplies.
turity,
Rio coffee has been quiet at some advance, but the close is
Toledo Cincinnati & St. L o u is— The Toledo Cincinnati & St.
Louis Railroad lies part within the jurisdiction of Judge Drum­ weaker at 12c. for fair cargoes; options have been fairly active
mond and part within that of Judge Baxter of the United at higher prices, No. 7 selling to-day at 9 -75c. for December >
States Circuit Court. In August last Judge Drummond, with
the concurrence of Judge Baxter, appointed E. E. Dwight re­ 9-65(g9-70c. for January, February and March, and 9‘65e. fo r
ceiver for the road. Recently Dwight applied to Judge Drum­ April; Nov. was quoted at 9 95@10c.; mild grades have been
mond for an order regarding the foreclosure of a mortgage on moderately active and steady. Tea has been firm, especially
that part of the road within Judge Baxter’s jurisdiction. The
green, and a fair demand has prevailed.
Spices have been
matter came to Judge Baxter’s knowledge, and he took offence,
removed Dwight from the receivership within his jurisdiction, quiet and generally unchanged, though cloves have been rat her
and appointed W . J. Craig. This complicated matters, and weak. Rice, as a rule, has met with a pretty good demand at
counsel
from Boston,
Cincinnati and Toledo,
repre­ 4 % @ 6 % c . for domestic/ Foreign dried fruits have been firmer.
senting the bondholders, of the road, appeared before
Molasses has been quiet but firm. Raw sugar has been dull ’
Judge Drummond in Chicago Oct. 22 to ask him to dismiss
Dwight and appoint Craig within his jurisdiction. Judge and nearly nominal at 6% c. for fair refining: refined has been
Drummond replied that he saw ho sufficient reason therefor, dull and weak; powdered closed at 8 % @ 8 % c ., crushed and cut
"but in the interest of the creditors he would yield a point to loaf 9% c., granulated 8 7-16c. and standard soft white “ A ’
the extent of appointing Craig joint receiver with Dwight in
his (Drummond’s) territory, if judge Baxter would appoint 7 % @ 8 % c .
Kentucky tobacco has had a larger movement, and during
Dwight joint receiver with Craig in his (Baxter’s) territory.
Counsel will urge this proposition upon the consideration of the week 927 hhds. have changed hands, 492 of which have
Judge Baxter.
_ , ,
, . i
been to shippers; prices are firm at 6% @ 7M c. for lugs and 8 @
— The Central Trust Company of New York has filed m the
13%e. for leaf. Seed leaf is also more active, and a feeling o f
Federal Court at Indianapolis a suit against the Toledo
Delphos & Bnrlington Railway Company and against the uniform steadiness is noticed among holders. The sales fo r
Toledo Cincinnati & St. Louis Railway Company, to foreclose a the week embrace 2,300 cases, including 1,100 cases crop 1882,
mortgage on the main line from Toledo to Kokomo, and a state Havana seed, 22@24c. ; 200 eases crop 1882, Wisconsin
kindred suit has been filed to foreclose on the line running
Havana seed, 14@ 18c; 250 cases crop 1882, Pennsylvania, 11
from Kokomo to St. Louis.
f. — An application for a separate receiver for the Cincinnati @18c.; 250 cases crop 1881, Pennsylvania, 8 @ ll c .; 100 cases
Northern Railroad was denied by the United States Court at crop 1880, Pennsylvania, 9 % @ U % c .; 150 cases crop 1882, New
Cincinnati, Oct. 20.
England, ll@ 2 0 c .; 100 cases crop 1882, do. Havana seed, 2 1 #
St. Louis Jacksonville & Chicago. — The contemplated 24c., and 209 cases crop 1882, Ohio, 5@15c.; also, 400 bales
meeting of the stockholders of thi& railroad to consider a prop­
■ ' •- •■-/'//osition to exchange their shares for the stock of the Chicago & Havana, 8 0 e .@ $ 1 15.
Naval stores have been quiet and lower; Southern dispatches
Alton Railroad has been postponed, it is stated, until April.
Tennessee Bonds.— A dispatch from Nashville, Tenn., Oct. have depressed the situation here; common to good strained
19, said : “ Chancellor Merritt to-day dismissed the suit of John rosins are quoted at $1 50@$J. 55, and spirits turpentine is con­
H . W right and others against Gov. Bates and the Funding sidered a good sale at 38e. for Southern in yard. Refined
Board, to enjoin the board from carrying out the provisions of
the act passed at the last session of the Legislature, authoriz­ petroleum is still slow at 8% c. for 70-degrees Abel test. Crude
ing the funding of State bonds at 50 cents with 3 percent certificates were stronger yesterday, but to-day the efforts ta
realize, together with the influence of the W all Street interest,
interest»”
U nion Pacific.— The statement of this company of earnings depressed values to $ 1 1 0 % , from $ 1 1 1 % , with the closing
and expenses in August, 1883 and 1882, i s :
figures $ 1 1 0 % . Steel rails are quiet at $37@$39, though sale»
Gross earnings.
Expenses.
Net earnings.
.
1883
$2,576,445
• $1,456,467
.$1,119,977 have been made at Pittsburg as low as $36 50. Ingot copper is
-1
8
8
2
..............
2,827,904
1,220,495
1,607,408 steady at 15% @ 15% c. for Lake.
Other metals are weak
and dull. Hops, wool and oils can be considered comparatively
$251,458
$235,972
_ $487,431
Eight months, to August 31,1883 and 1882, whole system:

j
I

St In ocean freight room a good business on the berth has been
reported; all rates have been quite firm, but exceptional
instances of irregularity have been noticed in charter tonnage
$255,971
$277>117
$21,145 circles. To-day grain was taken to Liverpool at 5% d. and
cotton at 3 -16 @ ll-64d .; grain to Marseilles by s t e a m e d . ; do.
The decrease in gross earnings is accounted for, in great part,
to London by steam,- 5% d .; do. to Bristol by steam, 5 % d .; do.
by the non-transportation of material for Oregon Short Line to Newcastle by steam, 6% d .; refined petroleum to Bremen,
Railway this year, and the increase of expenses by a large de­ or London, 3s. 3d.; grain from Philadelphia to Oporto 15c.
duction from expenses in August, 1882, -for old rails taken out
■hush* 1.
of track.
i QQ*i
1882 ‘

Gross earnings.
$18,557,211
\.'.’.V . . / / . . . . 18,813,183




Expenses.
$9,965,593
10,242,710

Net earnings.
$8,591,618
8,570,472

THE CHRONICLE.

Oc t o b e r 27, 18SS:

C O 'T T O N .
T he Movement

op the

F riday, P. M., October 26, 1883.
Crop, as indicated by our telegrams

ftom tbe South to-night, is given below. For the week ending
this evening (Oct. 26) the total receipts have reached 252,845
bales, against 257,276 bales last week, 228,897 bales the previous
week and 165,461 bales three weeks since; making the total
receipts since the 1st of September, 1883, 1,223,986 bales, against
1,167,043 bales for the same period of 1882, showing an
increase since September 1, 1883, of 56,943 bales.»
Receipts at—

Sat.

G a lv e s to n ........
Indianola, &c.
New Orleans-...
M obile................
F lo r id a ........ .
S avan n ah .........
Brunsw’k, &c.
C h a rleston .......
P t. R oyal, &c.
W ilm ington___
M oreh’d C.,&c
N orfolk..............
W est Point,&c
New Y o r k .........
B o s t o n ..............
B a ltim o re ........
Philadelp’a, &c.

Mon.

6, S82 9,516
___
8,661 28,033
2,634 2,012
.........
....
6,135 7,183
...
....
5,048 5,564
....
....
873 1,247
....
....
4,017 7,248
....
83 • ' ' , 2
394
637
....
....
9
.

lu es.

Wed.

2,042
___
5,541
2,748

6.863 2,454 2,174
....
....
298
3,897 13,324 22,528
1,663 1,094
542
.... ♦ ....
1,330
6,624 7,681 8,247
__
....
333
4,341 3,014 5,342
....
....
465
781 1,143
991
....
....
500
5,375 6,421 5,491
....
12,896
199
68
118
309
136
274
....
497
8
....
52

6,968
....
4,735
....
1,133
....
5,731
....
99
167
....

Thurs.

Fri.

Total.
29,931
298
81,984
10,723
1,330
42,838
333
28,044
465
6,168
500
34,283
12,896
569
1,917
497
09

M9

to addition to above exports, our telegrams to-night also give
us the following amounts of cotton on shipboard, not cleared, a t
the ports ngmed. W e add similar figures for New York, which
are prepared for our special use by Messrs. Carey, Yale &
Lambert, 89 Broad Street.
■
On Shipboard, not cleared—fo r
O ct . 26, a t —

Great
' Other
Britain. France. Foreign

New Orleans___
M o b ile ...............
C aarxeston.......
S avan nah______
G alveston........ .
N o r fo lk .............
New Y o r k . . ___
Other p o r t s .....

24,377
2.000
2,750
2,900
19,248
12,74:0
4,500
4,000

23,641
None.
1,600
¡soné.
3,758
None.
None.
None.

29,554
None.
13,050
21,000
6,109
449
2,050
1,500

Leaving
Stock;

Coast­
wise.

Total.

3,860
None.
950
5.700
4,739
2,936
None.
None.

81.432
2,000
18,350
29.600
34,154
16,125
6,550
5,500

137,467
15,033
74,837
71,678
62,703
29,176
107.714
30,867

Total 1883.

72,515

28,999

74,012

18,185

193,711

529,475

Total 1 8 8 2 .......
Total 1 8 8 1 .......

78,453
42,703

28,425
24,556

45,743
55,491

12,321
11.782

164,942
134,532

354,364
509.738

The speculation in cotton for future delivery has been dull
the past week, and the course o f prices has been quite variable.
On Saturday last there was further depression, but in the
course of Monday and Tuesday there was an advance of some
importance.
Liverpool became unexpectedly buoyant, the
movement of the crop was less liberal and heavy rains in the
Mississippi Valley had caused local floods ; all these circum­
stances led to a demand to cover contracts. But the Southern,
T otals this week 34,727 61,481 29,164 30,060 35,335 62,078 252,845 markets responded but slightly to the advance, and it came to
be understood on our Cotton Exchange that the flurry in
For comparison, we give the following table showing the week’s
total receipts, the total since Sept. 1,1883, and the stock to-night Liverpool was due to speculative manipulation, or something
and the same items for the corresponding periods of last years.
of a “ corner” in that market, and on Wednesday there was a
slight decline. This was recovered,' however, on Thursday;
1883.
3882.
Slock.
Receipts to
and this morning, with a favorable report from Manchester,
This Since Sep. This Since Sep.
October 26.
1883
1882.
there was some further advance; but the demand proved
Week. 1 ,1 8 8 3 .
Week. 1 ,1 8 8 2 .
limited, prices weakened and the close was at a slight decline,
G a lv e s to n ....... 29,931 3 98,423 31,179 198,433 96,857
66,271
but rather better than last Friday. Cotton on the spot has
Indianola,&c.
298
5,694
674
7,703
68
N ew O rleans... 81,984 305,626 58,551 210,504 218,899 125,578 been quiet. The business has been limited for home con­
M o b ile .............. 10,723
57,632 15,829
84,832 17,033
13,543 sumption as well as for export. But sales of some consider­
F lorid a........ .
1,330
5,805
397
1,288
able lines “ in transit” serve to swell the volume o f business
Savannah.......
42,838 247,459 44,302 246,892 101,278
98,776
recorded. _ Quotations were advanced l-16c. on Wednesday.
Brunsw’k, &c
333
2,340
752
3,137
Charleston....... 28,044 175,670 24,589 164,840 93,187
70,243 To-day the market was steady, middling uplands closing
Pt. R oyal, &c.
465
2,388
423
2,636
70
528 at 10%c.
W ilm ington___
6,168
34,535
4,866
31,323 15,606
12,950
The total sales for forward delivery for the week are 492,000
M’head C., &c
500
2,100
256
1,992
bales. For immediate delivery the total sales foot up this week
N o r fo lk ............ 34,283 123,775 41,934 140,254 45,301
54,117 6,208 bales, including 119 for export, 2.319 for consumption,
W est Point, &c 12,896
49,502
9,846
42,216
1,870 for speculation and 1,900 in transit. Of the above, 1,200 bales
N ew Y o r k .......
1,415
569
2,155
5,485 114 264
51,432 were to arrive.
The following are the official quotations for
B o s to n .............
1,917
4,996
3,615
15,630
3,230
1.265 each day c f the past week.
B a ltim o r e .......
P hiladelp’a,&c.

497
69

1,881
4,695

164
2,206

1,523
8,353

13,786
3,607

T ota l.............. 252,845 1,223,986 241,738 1,167,013 723,186

7,020
17,583
519,306

In order that comparison may be made with other years, we
give below the totals at leading ports for six seasons.
Receipts at—

1883.

1882.

1881.

1880.

1879.

1878.

G alvest’n,&o.
New Orleans.
M obile . . . : ..
Savannah___
Charl’st’n, <fec •
W ilm ’g t’n,& c
N orfolk, & o ..
A ll others___

30,229
81.934
10,723
42,838
28,509
6,668
47,179
4,715

31,853
58,551
15,829
44,302
25,012
5,122
51,780
9,289

17,730
51,306
9,762
35,551
35,601
7,492
40,103
12,992

23,760
64,726
16,505
44,877
33,112
10,430
43,759
12,661

26,367
69,076
15,755
40,706
30,827
. 8,591
39,634
14,657

27,727
16,611
7,669
33.622
25,636
7,902
26.740
11,373

T ot. th is w ’k. 252,845 241,738 210,587 254,830 245,613 157,280
Since Sept. 1. 1223,986 1167,043 1198,761 1390,296 1222,135 1005,355
v . » . , a u u i u u w m u auuia; v>uariesion m ciuaes .Port Koval, &c.:
W ilm ingtonincludes Morehead City, <fec.; N orfolk includes City Point, &c!

The exports for the week ending this evening reach a total
o f 120,329 bales, of which 45,752 were to Great Britain, 6,685 to
France and 67,891 to the rest of the Continent, while the stocks
as made up this evening are now 723,186 bales. Below are the
exports for the week and since September 1. 1883.
Exports
from—
■Galveston......
New Orleans..
Mobile.......... .
Florida .........
Savannah __
Charleston
.
Wilmington..
Norfolk+....., :
New York ...
Boston. . . . . . .
B dtim ore.....
Philadelp’a,&c
T ota l..........

Week Ending Oct. 26.
From Sept. 1,1883. to Oct. 2Ô, 1833.
Exported to—
Great
Conti­ Total Great
Conti­
Total.
Brit’n. France nent. Week. Britain. Frame nent.
6,949
16,548

17,272 24,221
11,791 23,338

21,923 10,516
41,903 51,022

30,193
23,039

1,500

16,532
1,250

1.500
52,312
38,109
13,255
17,408
121,674
7,179
42,495
12,565

207,775 89,190

188,148

485 113

353,967 65 658

145.9C0

565,525

12,486
1,993
201
3,000

6,086 13,831 19,917
11,488 11,488
4,575
8,613 9.613
600 2,746 15,832
1,993
201
1,150 4,150

13,255
7,855
76,983 12,335
7,179
25,863
100
11,315

45,752

6,6 6 67691 120,329

Total 1882... 67,157 22,323 53,008 142.488
nym jlulu rvuyai, sc.
Incudes exports from West Point, &

......
4,575




62,032
115,964

6,0:6
9,131

46,126
29,038
9,613
32,357

Oct. 20 to
Oct. 26.
Ordin’/.$B>
Strict O rd..
Good O rd..
Str.G’dOrd
Low Midd’g
Str.L’w M id
Middling , . .
Good M id..
8tr. G’d Mid
Midd’g Fair
Pair............

UPLANDS.
S a t.

NEW ORLEANS.

M o n T u e s S a t.

8 5 te
8%

8 316
8%

99X6

9916

91&X6
1 0 3t «
1038i0 9 l6
1013ie

915le
1 0 3 I6
1038
1 0 9 .6

H 7 le
123x«

H 716
123 .6

W ed

Th.

1013.6
I0is16 1 01 5.6

8 5ie
8%
9 9 te
915 ,6
1 0 3 .6
103&
1 0 9 .6
101 3.6
1015.6
11716
1 2 3 .6

8 9x6
9

8 9 ,6
9

8 9 .6
9

913ia 9 18I6 913.6

1 0 3 f0
1 0 7 ,ß
105s
101 3.6
1H X 6
1 1 3I6
1111.6
12 7 ,6

F r i. W ed

TEXAS.

M o n T u e s S a t. M o n . T o e s

1 0 3 .6
10 * ,6
105fi
101 3.6
U % <j
1 1 3 .6
1111X6
1 2 7 .6

89xo

89ie

8 916

9
9
991316 918xe 9131S
1 0 3 |6 1 0 3 16 1 0 3 ,6
10716 1 0 7 16 1 0 7 16

1 0 3 .6
1 0 7 .6
1 0 5g
iosa 105a 1058
1013.6 1013le 101316

ii% e

Uha

11%6

ay

Tb.

F r i.

1 1 3 .6 1 1 3 I6 11^16 H®18
111 1.6 m i l s 1 1 " ! 6 n n t6
1 2 7 ,6 12~16 1 2 7 16 1127l g

Tb.

F r i.

W ed

Ordin’y .$ lb
Strict O rd..
Good O rd..
8tr. G’d Ord
Low Midd’g
Str.L’wM id
M iddling...
Good M id..
Str. G’d Mid
Midd’g Fair
Fair............

85a
91x6
978
10%
10%
1011,6
1078
11%'
11%
11%
12%
Tues

85a
9 ‘ ie
978
10%
10%
1011,6
1078
11%
11%
11%
12%

Good Ordinary___
. # » . 71516 715x0
85s
85a
Strict G ood O r d in a r y .....
Low M iddling........
9°16 9°X6
103,0 103,0
M iddling...

8
713,6 8
8
85a
§ u ie 81 lie 8i%«
93a
93a
933
95,6
103,6 10% 10% 10%

85s
85a
838
838
83s
813,0 81316 8*3,6 91l6 91,6
978
978
958 : 93s
95a
10
10
10
t0 % 10%
1014 IOI4 10% 10% 10%
107,6 107,6 107,6 101116 10U,6
1058 105s 105s 1078 1078
1078 1078 1078 I l l s
1118
11
11
11
11% 11%
11%
11% 11% 11% 11%
12% 12*4 I 2 I4 12% 12%
STAINED.
S a t. M o n

W ed

85a
85a
91X6 9%6
978
9%
10% 10%
10% 10%
1011X6 io n xa
K>78 1078
11% 11%
11% 11%
11% 11%
12% 12%
Tb.

F r i.

MARKET AND SALES.

The total sales and future deliveries each day daring the
week are indicated in the following statement. For the con­
venience of the reader we also add a column which shows at a
glance how the market closed on same days.
SALES OP SPOT AND TRANSIT.
SPOT MARKET
CLOSED.

S a t. .
Mon .
Tues.
Wed .
Thurs
F r i..

D u ll.......... .
D u ll............ ..
S teady.................
Quiet at %« adv.
Quiet and steady
D u ll......................

Con- Spec- Tran­
p ort. sump. ul’t’n sit. Total.
E xt

....

i"l9
.....

205
100
600
505
560
349

270
120
680
800

1,300
600

Sales.

475 80,100
220 87,700
1,280 88,400
1,305 85,300
1,979 68,100
949 81,900

Deliv­
eries.
200

200
11 91 2 ,3 191 .870 1.900 6,208 492.0001
Total
T be daily deliveries given abovp are actually dolivei'ed the day
previous to that on w hich they are reported,

450

T H H CHRONICLE,

T h b S a le s a n d P r ic e s o f F utures are shown by the follow ring comprehensive table. In this statement will be found t ie
daily market, the prices of sales for each month each day, and
the closing: bids, in addition to the daily and total sales.

[VOL.

xxxvn;

T he V isible Supply o i Ootton to-night, as made up by cable
and telegraph, is as follows. The Continental stocks, as well as
those for Great Britain and the afloat, are this week’s returns,
and consequently all the European figures are brought dowq.
to Thursday evening. But to make the totals the complete
figures for to-night (Oct. 26), we add the item of exports fro©
the United States, including in it the exports of Friday only;
Stock at L iverp ool....... ..b ales.
Stock at L o n d o n .... . . . . . . . . . . .

1883.
470,000
43,000

1882.
448,000
75,200

1881.
533,000
40,200

1880.
360,000
40,100

Total Great Britain stock
Stock at HamDurg................
Stock at B r e m e n . . . . . . . . . . . . . . .
Stock at Am sterdam .................
Stock at R otterdam ............... .
Stock at A ntw erp........... .
Stock at H avre........................ .
Stock at Marseilles..........
8tock at B a rcelon a ...................
Stock at Genoa............ j ............
Stock at Trieste..........................

513,000
2,600
35,300
32,000
1,500
5,100
96,000
7.000
35,000
7,000
10,000

523,200 > 573,200
3,500
13,000
29,500
38,500
6,700
16,600
1,300
1,360
1,000
2,300
111,000
134,000
2,300
4,300
27,000
56,800
9,700
10,000
4,700
5,500

400,100
3,700
24,500
10,400
1,570
981
58,200
7,640
32,800
8,000
4,500

T otal continental stocks. . .

231,500

196.700

282,360

152,291

719,900
128,000
516,000
14,000
519.306
117,912
23,400

855,560
102.000
253,000
25,000
644,270
218,150
16,100

552,391
63,000
420,000
29,000
641,083
179,676
11,000

Total European stock s.. .. 744,500
ndia cotton afloat fo r Europe. 105,000
Amer’n cotton afloat fo r E ur’pe 282,000
Egypt,Brazil, <fcc.,aflt fo r E ’r’pe
39,000
Stock in United States ports .. 723,186.
Stock in U. 8. interior tow n s.. 195,723
United States exports to -d a y ..
27,000

Total visible s u p p ly ........... 2,116,403 1,838.518 2,114,080 1,896,150
Of the above,the totals o f A m erican and other descriptions are as follow s
American—
Liverpool stock ......... ................. 253.000 161,000 416,000
228,000
Continental stocks................... 128.000
78,000
123,000
69.000
American afloat fo r E u rop e.. . . 282.000 316,000
253,000
420,000
United States stock................... 723,186 519,306
644,270
641,033
United States interior stock s.. 195,723
117,912
218,150
179,676
United States exports to-d ay ..
27,000
23,400
16,100
11.000
Total Am erican......... ........... ....1 ,608 ,909 1,215,618 1,675,520 1,548,759
East Ind ian,B razil, Ac.—
Liverpool stock....................... ... 217,000
287,000
117,000
132,000
London stock.......................... . . .
43,000
75,200
40,200
40,100
Continental s t o c k s ............... .. . . 103,500
118,700
154,360
83,291
India afloat for E urope........ ... 105.000
128,000
102,000
63,000
Egypt, Brazil, & c .,a flo a t ..... . .
39,000
14,000
25,000
29,000
Total East India, & o . . . . . . . 507,500
622,900 438,560
347,391
Total Am erican...................1,608,909 1,215,618 1,675,520 1,548,759
Total visible supply............2,116,409 1,838,518 2,114,080 1,896,150
6d.
Price Mid. Upl., L iv e r p o o l..
638d.
67ied.
6^d.

frg~The imports into Continental ports this week have been
41,000 bales.
The above figures indicate an increase in the cotton in sight
to-night of 277,891 bales as compared with the same date of 1882,
an increase of 2,329 bales, as compared •with the corres­
ponding date of 1881 and an increase of 220,259 bales as com­
pared with 1880.

A t the I nterior T owns the movement— that is the receipts
for the week and since Sept. 1, the shipments for the week, and
the stocks to-night, and the same items for the corresponding
period of 1881-82— is set out in detail in the following statement:

T ow ns .

to
COHH
COM
Gob 00M HOi
tOO M ^ MO
CDOdO'MOOCDO

M
o
<J
Od
OD
©

M
to
oiwtowœjOMM wjt- MMto©oow*j©
7-*ooTf-© w © aotob’ oo oi-3 © ©7-* © oi ©7-*
lf-00-9-3©©l^©IC©IOtC-—1—
*WOI|^"3M
© ouf-© œ © oioo© © o© © if-w tooi© oo

This
week.

to
h-M
M
WOdCKMJOCOOd
b K)ܻOlVbH
© to co Mco to
CO•“*© © OdMtO

M
00 MÜ1HH CO V» MIO
05COC7HOCtfÜ*
MCOOdCCCO<|jOMMCdJO*- MMCOpi <1
M Vi cc a b b M b © © m œ b b b b b V i a>to
00 Ü» CO01MCOOdO O 00COMCO<1^ CJI00MOdM
M ©COCO©©MCpOJtOCD©Üt©OOCOM<IOOCQ

&
%
'•>.0
00»
to

CO
MMM
JOM
© cob co V ib
Cd<ICO^tOMCO
COtOQ«ÖUO00©

00
CO
co
©
Ol

M
M
pi
MM COOl M tOOdOOto^po
b b V b b V jb
M b oo m b b V i b m
coMto*JOd©Mcnao^icj*ad<y»cnodcooooooi
cjcomod^ omcmocgomcdmoowcoco

M
OdMM
M
btf^cocji*~*to
COGO© ►
—OKI IO
00<1COOD000( Od

M
M
<1
b
M
to

M M
W
M
j-*w jf-wMWjojow
joit-œ ©oao
Oi ©-3 O’ COto W© © O'to © ©7l-Oi !t.7ii.Ó5 W
© oi oi © © © r- -3 if- >- to œ I—Oi © to © ©
oi OO© © it-oc oi to to 10© W-3 © to © © M-3

This
week.
Stock
Oct. 26.

1
§
s?

J1
This
week.
Stock
Oct. 27.

i 139,317

Movement to October 2 7 ,1 8 8 2 .
Receipts.

1 743,104
<1
CD
05

Since
Sept. 1,’ 83.

M h-to
M
SMM HH
to © WMJ- to WCO© JO Wto MM 00OD!->M
MOOlT-lOlTs. WMOO© ©-300© to© W-3
oo© © o»© œ ® to w if-cco© ® ©toœoo w
©M©|f-t0-3.0'©©00l—©MMlf.-3©O.M

tOif-M tO© MM tote M -019£. t9 COOi
cow it-oi oo os
to tojf- © © © oo oc © to
0 9 “ 737-101© © ©7» w7->© © 7-© 7-WOI
© ao-^oi ooto-aoioo m o w cctooiaoœooi-*
©©W©*4lF-t9a!)W©-3CC©-9M<)t9C0M

Movement to October 2 6 ,1 8 8 3 .
Receipts*

This
week.

Augusta, G a .......
Columbus, G a ...
Macon, G a ..........
Montgom’ry,Ala.
Selma. A la...........
Memphis, T en n ..
Nashville, Tenn.
Dallas, T e x .........
Palestine T ex... .
Shreveport, L a ..
Vicksburg, Miss.
Columbus, Miss..
Eufaula, A la ....
Griffin, G a ..........
Atlanta, G a ........
Rome, G a............
Charlotte, N. C ..
St. Louis, M o ___
Cincinnati, O ___

CO
pi
V|
to
CO

21,405

Total, old tow ns.

to
Qt COCOM
OOMOOMto Od
OC^ OdM0‘ Ol to
COOOOOOOJgM

42,481

Newberry, S. C ..
Raleigh, N. C ___
Petersburg, V a ..
Louisville, K j . . .
Little R ock, Ark.
Brenham, T e x . .
H ouston, T e x ....

M
M
tO
Od
CO

258,923

40,058

bO
CO
Od
CO
GO
O

38,375

Total, new tow ns
36,293




T'01 pd. to exch. 100 Oct. s. n. 29th
fo r I'egular.'
| ‘ 3.0 pd. to exch. 100 Nov. fo r Dec.

M
CW
OHM
M
Cî»
JOC^tOMJOMM M
b b W i b V i b co
o ooQoco ch^
OMCflWMWW

1 798,126 Il01,314

The following exchanges have been made during the week:

M M
to
|U©W®©tOMMOIJ^ MJOJOM CO 00
OOWOMMK © -3 ^ 0 W<l7->7~.CO©©OD W
b0©M©Olt0W-3OI0D-3©if.0COI©»300M
WtO-3 tOIStOMWQ0©M©O0--MMWWW

o<
#-J9 MM 05; to tow-3
© co w cT f-W i m oo © w wT-T-* w ■ "osco ©to
»0 © o>M ©to©oo®©©if-©©w: © 0>©00
m is. to-3-3 ©If-to 00W01O© to©. 0000©if-

CO

•*15 pd. to exch. 100 Jan. fo r F eb.
•15 pd. to exch. l o o Jan. for Feb.
•15 pd. to exch, 100 Jan. fo r Feb.

M
O
pi
io
<1
to

(9
QOMH-J-1 to
©©bi©-l7f-lfWWOOOI-3W-3
wco-aooif-oo©

M
M
Od
b
Od
M

|2p“ W e have included in the above table, and shall continue each
“week to give, the average price o f futures each a ay fo r each month, it
w h l be found under each day follow in g the abbreviation “ A ver.” The
average fo r bach m onth for the week is also given at bottom of table.

CO
H*MJOH* JO
b o c o b o o to M
h-OODOM-4—*v|
00 COto OdCCOdo

243,749

Total, a l l ............
M
M
Ol
CO
CO
o

%
‘f*
§
$5“

The above totals show that the old interior stocks have in­
creased during the week 30,251 bales, and are to-night 77,811

October ‘¿7, 1883.]

THE CHRONICLE.

J»les more than at the same period last year. The receipts at
the same towns have been 2,417 bales less than the same week
iasfc year, and since September 1 the receipts at all the towns
are 55,022 bales more than for the same time in 1882.

45 T

Brenham, Texas.— W e bn™

—
o t”

j

the week, the rainfall reaching ehrht T 61? ° ” four
inch. Picking is m aking

QuoTATiows FOR Middling Cotton a t .O ther Mark ets — In has averaged 66, the highest b e in g V a n T th e w r « “
:
the table below we give the closing quotations o f middling
Palestine, Texas .— I t has rained hard nn «
■,
>
cotton at Southern and other principal cotton markets fo r each
week, the rainfall reachiiS -th ^ e i h c h t and ^
^ 0^ ^
day o f the past week.
Week ending
October 26.
G a lv e sto n ....
N ew Orleans.
M o b ile . . . . . .
Savannah___
C harleston...
W ilm ington..
N o r fo lk .........
B o sto n ...........
B a ltim o re . ..
Philadelphia.
A u g u s ta ___ _
M em p h is. . . .
St. L ouis.......
C incinn ati. . .
L ouisville___

dredths.
dredths.
CLOSING- QUOTATIONS FOR MIDDLING COTTON ON__

Sahir.

Mon.

lo ia
1 0 5ie
lo ie

10 %

10%

10%

lohe
10%

9^16
10 %
IO
10 %
10%

10

I 0 5 le

10

lo ia
io
lo ie
10%
1 0%

10 %

10 %
9%

10 %
9%

lo ie
lo ia

10%
10%
10%
10%

10 %

1 0%

Tues.

1 91016

10%

10 %

10 %

10 %
10 %
9%

10 %
10 %
10 %
10 %

Wednes.

Thurs.

10%

10%

10»16

10016

10%

10%

91016
1 0% ® 3 i6
lo lla

103i 6
10 %
10%
10 %
e 9%
10%
10 %
10 %
10%

F ri.
10%
10%
10%

91016

9»W

10 %®% 10 %®%
10%«

10316

'

10%
10%
10%
9%
10 %
10 %
10%
10%

10 %
10 % 6
10 %
10 %®%

from

Southern consumption; they are simply a statement of th«
TL7fim°iTement^
-'»—
»Nh fk
rom tide plantations
Plaatations oi
of that
that part
part of
of the cron
which finally
reaches the market throned!
P
finally.reaches
through fho
the out-ports.
Week
encUno—

11

l i W g g S has ranged from 41 to 88 , averaging 65
‘
Huntsville, Texas . - W e have had rain on five dav« ^ ^
eek. the rainfall-roor>Vii»,r»
i__ i. __
.
ys of thd*
week, the rainfall reaching one inch and nineteen h u / d r e d t ^
Good progress is W in g made in picking. The thermom ete^
has averaged 65, ranging from 43 to 86.

Weatherford,
h
s.-It as been show ery on tw o d a y *
a
x
e
T
o f the week, the rainfall reaching fifty-tw o h «id re d th s o f
inch. P ickin g makes g ood headway.
61» highest 81, low est 40.

10%
9%
10%
10%
10%
10%

t h e P la n t a tio n s .— The
following table is
fo^ the. Purpose of indicating the actual movement each
piantatioiw. Receipts at the outports are somefrh^TamTv.eadH g Vua8
are mac*e UP more largely one year
than another at the expense of the interior stocks. W e reach

R ec e ipts

Picking
ha« h«™
E S & 3 with
. ! a.nd
forty
-8« : hunPicking has
been &
interfered
by the
rain*
Tho.

A verage thermometer-

Belton, Texas .— W e have had showers on three days of th©^
week, the rainfall reaching eightv hundredths nf
• .
Pikingisprogressing finely 6 Tife 7hermomete^ h a s a ? e
62, the highest being 83, and the lowest 41
average#
' Luling, Texas
u------ •
* ’
eek, the r a i n fa lH ___
i week, the rainfall reaching^hree ^ n c h ^ a n d d x tv ^ 8 ofi,th®'
dredths. The
The rain
rain has
h ^ interfered
l u l l e d to some extent with p ic k S g '
dredths.
lometer has ranged fr o m 44. to «,q
__ ®
T 1 ^ i « 1e nn? meterrhaS .ranged froi>i 44 to 88 , a v e r a g in g ^ .
g*
New Orleans, Louisiana .— It has rained on four davs o f'
Le week, the r a i n f a
aa7 8 o r

f ene/ a% cioudy during the week, the rainfSl r S i n T t h f r t v hundredths of an inch. Light frost was reported o n ThnraA ^
morning. Tho thermometer has r a n g S from « t “ 80 ^
of
M ississippi.— It has rained severely on one davof the week and has been showery on four davs and « S T
remainder of the week has
7 .’. ancl .the

-Receipts at the Ports. St 7c atlnterior Towns. Rec’pts
1881. 1882, 1883. 1881. 1882; 1883.
1881.
Aug. 10........ 13,062 4,811 9.706 48,273
21,093 53,206 8,894 1,438 5,026
“ 1?. .... 20,538 6,356 10,305 15,371 16,535
52,016 17,636 1.798 9.115
35.078 12,352 11,365 4C.492 14.827
“ 31........ 46,723 -23,032 22.971 46,422 15,526 50,526 30,109 10,144 9,875.
50.309 52,652 24,331 22,754
rainiall reaching two inches and five h u n d red th ?
Sept. 7 ...... 72,612 28,688 83.308 -57,410 16.519
53,526 83,600 29,681 87,728
“ 14...... % 91,052 49.512 64,348 75.452
‘ he
b e t a g Ä
19,115 58,989 112,094 52,108 69,761 thhe V o w é s w r ‘ er haS
“ 21....... 112,293 77,223 96,819 103,779
29,985 75.179 140,620 89,093 113.009
Little Rock, Arkansas .— Telegram not received
. “ ÎÎ8....... 134,756 186,479 125,032 124,526 46,622
105,778 155,503
Oct. 5....... 174,810 179,883 165,461 155.559
Memphis, Tennessee.—Nie have had lieht
™
76,882 137,536 205,843
“ 13....... 191,056 206,136 228,897 196 561 95.675]
I days
. •/ of the
'i week,
v^v^xx, emu.
and it is iiuw
now rai
raining
The r a i S
184,915 332,058
RiY^v.fAin*
_ - -,
“ 1 9 ...... 192,53! 242,329 257,276 223,785 125,039
sixty-four
hundredths o_j*
f an
inch
The a xi© rain 18,14 fôachcd
“ 26 .... 210.5371241,7881252,8451 251,5321
the present time has been one o f th eb est^ on ??oord
139,317|233.986l233ÌS34 2

§ t o

O
t■°5
o

marketing o f the crop has also progressed w p?f

n

d the

rrWofsnows— i . That the total receipts from the
plantations since September 1 , in 1883, were 1,411,816 bales* in I The^°rLfDr?d?c0tediV h% ^ mphi8 district has been g a t h e S '
in e irost predicted fo r this m oraine iFririavi hv t L q ;
»
l8 f f e
l l b
al®85 in 1881 were 1,404,868 bales,
were
r,ece}Pts ^ <*e'out-ports the past week i s s a s s J I H
The
9RR «/it
Tiu V i
. uveiueai irom Plantations was
Nashville, Tennessee.— W e have had rain on four davs of
+b 1 ’ th T balance # £ ( £ to increase the stocks at the
dredth«ek’
reacbing one inch and fortv-six h unareaths.
Planters are marketing
e_-fJ p ....
1

A mount

Cotton

of

in

Sjght October 2 6 ,-I n the table below

Id dg fne fb 16 r^ eiPfcs from plantations in another form, and
a,dd
} h.eP tbe net overland movement to October 1, and
a^®
takla^ by Southern spinners to the same date, so as to
give substantially the amount of cotton now in sight.

MQOlLe. A Lnha.m n — W o u *

i---- i „.i___

0

&

t h f ° &ii ’
have r a ^ s h o w e r io S t w o davs o f
the week, the rainfall reaching twentv-one hundredf-ha ^
inch. Picking is making good

S v T
P
b t en seQ
C-ured- Tbe thermometer has averaged e T
^belnghest
8o «and
59.
^ed ..
o "rip being ^
u u the
m e llowest
u w e s i otf.
Montgomery, Alabama.— W e had rain ffche first in
i
four months) on four days during the etidv n a r t n f H . ^ ì 7

1883.
1882.
1881.
1880.
and the latter portion has been clear and pleasantf Vhe'rain*
R eceipts at the ports to Oct. 26 1,223,986 1,167,043
Thl
1,198,761 1,394,296 fa lP reached one inch and eighty-five hundredths
Interior stocks on Oct. 26 in
weather has been turning colder since
, h&
excess o i September 1 ...........
187,830
122,832 206,107 170,737 are indications of frost.
„ T o t . receipts from plantat’ns 1,411,816 1,289,875
1,404,868 1,561,033 I secured, and is being marketed rapidly. 'Averao-e th«r
N et overland to O ctober 1 .......
19,235
17,680
^
a° e ther‘
30,896
18,092 mometer 64, highest 79 and lowest 51.
Southern consumpb’n to Oct. i .
30,00t
28,000
20,000
15,000
Selma, Alabama .— It has rained on two davs o f the week
Total in sight October 2 6 .... 1,461.051 1,335.555
Ijfa c ,u1ng niPety -four hundredths o f an inch. W e
1,455,764 1^594,125 hafi

Th6 ‘be~

to-night, as com pared w ith last year* is ^25 49« i,a , amo,lni in
pared with 1881 is 5 987 hai^a
1*^5,496 bales, and aa combales!
■Li58J- 18 0,^87 bales. The decrease from 1880 is 133,074

‘»hasav^raJl.

Madison,
.— Telegram
not reueivea,
received.
— zf.Florida
- vv"
AGioftictm xiuo
Macon, Georgia . — W e have had rain on three davs nf th«,

W e a t h e r R e p o r t s b y TELEGRAPH.-There have been rains in i week, and it is still cloudy. The crop will be a b m u -fiff^ ^
W o w last year's The t h e r ™ m e t e ? h ^ " t 2 S
most districts during the week, but generally the rainfall has
66 the highest being 84 and the lowest 52.
averaged.
been light. The temperature has been lower in m anv sections,

but no hard frosts are reported. Picking has made excellent
progress, except at one or two points in Texas, where the rain
uas caused a slight interruption.

Texas' ~ W e have had rain on four days of the
be first g°od rain for six months. The rainfall reached
from
or ° ne hundredth.
irom oy to 86, averaging 71.

TeX? r

“

The thermometer has ranged

has been b o w e r y on three days o f

dredZ
reaohin*
M
“ <1 thirty-two hundredths. Picking progresses finely. m’
'
The thermometer has
averaged
ranging from 52 to

t h fw M k ’ S e rai7 fa11

dredZ weR-t

? ‘ ned EPlendidly on three days o f

ninet^
w
uui narnr
^ r f S but harmless frost.
Average
thermometer 61. highest 83 and lowest 38,



S

» ki «

K

'S S S a -.

verage therm
% Georgia.—It
Georgia.rlJ:ravanV'a:v/,
has rained very lightlv on thre»
ie remmnder
remainder of the week has been cloudy. The
da^ sf’ f,nd th0
hed five hunc
rainfall reached
hundredths of an inch. The thermometer
Q- I 64, ranging from H
| 76.
has averaged
54 to
cnermome
A'lLCni.Q+rt
„
TTr- i. _
i
i W M i i a , Georgia .— W e have had rain on four days
n le a t o n t ^ S
•
remailjder of the week has beJn
f l ? '
The rainfall reached one inch and fifty-two h u n ,i
— -Planters
^uucio aio
areatns.
are marketing meir
their crop rre<
fr e e ly .
The
thermometer has ranged from 55 to 80, averaging 63.
Atlanta, Georgia .— telegram not received.
Charleston, South Carolina.— We have had rain on one
d a yo t the week, the rainfall reaching eight hundredths o f an
inch. Average thermometer 64, highest 77 and lowest 53.
Colambia, South Carolina.— It has rained on two days o f
the week, the rainfall reaching one inch and fifty-seven hundredths. The thermometer has averaged 58, ranuin? from 53L
to 0<^#

[V ol . X X X V II.

¡TH E CHRONICLE.

452

1882.

1883.
T h e following'statement we have also rOeeived by telegraph,

showing the height of the rivers at the points named at 3 o’clock
October 25,1883, and October 26,1882.

32s Oop.
Twist.

Oct. 26, ’ 82.

Oct. 25, ’83.
Feet. Inch.
5
12
New O rleans......................... B elow high-water m art
4
6
M emphis.....................A bove low -w ater m ark.
6
2
N a s h v ille ...:...........................A bove low-water m ark.
7
6
S hreveport.. . . . . . . . . .A bove low-water mark.
2
9
V icksburg.................... A bove low-water mark.

New Orleans reported below mgn-water mam m
Sept 9,1874, when the zero of gauge was changed to high-water
mark of A p riU 5 and 16,1874, which is 6-10ths of a foot above
1871, or 16 feet above low-water mark at that point.
I n d ia C otton M ovem en t from a l l P oets .— W e have re-arranged
our India service so as to make our reports more detailed and
at the same time more accurate. W e had found it lmj^ssible
to keep out of our figures, as cabled to us for the ports other
than Bombay, cargoes which proved only to be shipment« from
one India port .to another. The plan now followed relieves us
from the danger of this inaccuracy*and keeptf the totals correct.
W e first give the Bombay statement for the week and year,
bringing the figures down to October 25.

d.
Aug 2 4 8*4 ®
i 31 8 3 ifi®
Sept. 7 8 3 1fi®
.. l4 8*4 @
“ 21 8*4 ®
“ 28
Oct. 5 83è ®
» 12 8716^
“ 19 W t f*
“ 26 S9ia ®

IJOMBAT RECEIPTS AMD SHIPMENTS FOR, FOUR YEARS,

Year Oreat Conti­ Total. Great
B ritain
Brit’n. nent.
1883 • 6.000
1882 3,006
1881
1880 1.000

3.000
4.000
8.000
6.000

9.000
7.000
8.000
7.0u0

458.000
762.000
314.000
360.000

C on ti-.
nent.

Since
Jan. 1.

This
Week.

Total.

806,000 1.264.000 11,000 1.592.000
612,000 1.374.000 6,000 1.644.000
556.000 870.000 11,000 1.197.000
500.000 860.000 8,000 1.102.000

According to the foregoing, Bombay appears to show an
increase compared with last year in the weeks receipts of 5,000
bales and an increase in shipments of 2,000 bales, and the
shipments since January 1 show a decrease of 110,000 bales.
The movement at Calcutta, Madras and other India ports for the
last reported week and since the 1st of January, for two^ years
has been as follows.
44 Other ports cover Ceylon, Tuticorin,
Kurrachee and Coeonada.

Calcutta—
1 8 8 3 ..
....
1 8 8 2 .. . . . . ‘ Too
Madras
1,000
1883.
1,000
1882.
A ll others—
2,000
1883....... .
100
1S 82 .----T otal all—
1 8 8 3 ..
1 8 8 2 ..

.....

1,000

1,000

. . . 3,000
. . . 1,200

Great
Britain.

Total.

Continent.

Total.

10,800
32,000

9 7 /0 0
138,300

22.000
67,700

1,000
5,000

23,000
72,700

3,000
100

38,000
46,200

10,000
26,700.

48,000
72,900

4,000
1,200

146.200
220.200

21,800
63,700

1 6 «,000
2&3, b00

" i ’dó

86,200106,300

1,000
1,000

The above totals for the week show that the movement from
the ports other than Bombay is 2,800 bales more than same
week last year. For the whole of India, therefore, the total ship­
ments since January 1, 1883, and for the corresponding periods
of the two previous years, are as follows.
EXPORTS TO EUROPE FROM ALL INDIA.

1882/

1883.
Shipments
to all Europe
fro m —

This
week.

This
week.

Since
Jan. 1.

1881.

S in d
Jan. 1.

This
week.

11

Since
Jan. 1.
870,000
196,800

B o m b a y . . . ___
A ll other ports.

9.000 1,264,000
4.000 168,000

7,00u 1,371,000
1,200 283,900

8.000
1,300

T o ta l. . . . . .

13,000 1.432,000

8,200 1,657,900

9.30011.066,800

Xllib ldnu OtalCUlCUl aut/xvio cn

VX vjulv

total movement for the three years at all India ports.
A l e x a n d r ia R eceipts an d S h ip m e n t s — Through arrangements
we have made with Messrs. Davies, Benachi & Co., of Liverpool
and Alexandria, we now receive a weekly cable of the movements
of cotton at Alexandria, Egypt. The following are the receipts
and shipments for the past week and for the corresponding wees
of the previous two years.
A lexandria, Egypt,
October 25.
Receipts (cantars*)—
This w eek—
Since Sept. 1

E xports (bales)—
To L iverp ool...............
T o C on tin en t. . . . . . . .
Total E urope—

1883.
110,000
292,000

1882. _

j

1881.

4

ISO.fOO
472,550

75,000
81,700' 1

Since
This
week. Sept. 1

Since
This
week. Sept. 1.

Since
This
week. Sept. 1.

9,090 i 22.000
6,000
2,000

4,500

7,000

9,000
1,770

20,500
4.560

28,000

4,500

7,000 10,770

2o,060

11,000

* A eantar is 98 lbs.

This statement shows that the receipts for the week ending
Oct. 25 were 110,000 cantars, and the shipments to all Europe
were 11,000 bales.
M a n ch ester M a r k e t .— Oar report received from Manchester
to-niglit states that the market is firm, with a hardening
tendency. We give the prices of to-day below, and leave pre­
vious weeks’ prices for comparison.




8 7e 5
8 78 5
5
9 5
5
9
9 5
9 5

6
6
6
6
<»
6
7

8.
®7
®7
®7
®7
® 7.
®7
®7
®7
@7
®7

d
0
0
0
0
0
0
1*«
l*c.
1*2
1*2

d.

d.
558
5»8
5i*ie
5*3i6

938
93Ì
938
938
513, fi 938
9«8

d.
@
®
®
®

9 78
9 78
9 7è
9 78
® 9 78

-® 934
5 ‘' r 95i6 ® 9 '1ie
93a ® 934
6*8
5*ö, fi 938 ® 93j
6
9*4 ® 9*2

Oott' •■
Mid.

JJplds

d. s.
6 ®8

4*307 :

4*3 a>7
4*a®7 !
4*a®7 !
3 ®7
1 *3® 7
1*3®7
1*3® 7
0*3 ®7

J u te B u t t s , B a g g in g , E t c .— The market for bagging is very
firm, owing to the higher .figures asked for butts, and sellersare showing' no anxiety to sell, except at full rates. Th&
inquiry has been fair, and orders are being filled at 9c. for
lbs., 9 % g. for 1 % lbs., 10%c. for for 2 lbs. and n % e . for stand­
ard grades. Butts have been quite active, and the market isin good shape. There have been some large sales since ourlast, about 10,000 bales beiqg placed, mostly paper grades, at.
2 % @ 2 ^ c ., though 4,000 bales bagging are reported.
Prices
are very firm at the close, dealers quoting 2 7-16@2%c. for
paper grades and 2%@2%e. for bagging quality.

Shipments since January 1.

Shipments fo r the week.
GontiGreat
Britain. • nent.

d. 8. d.
9
•5 6
8 7s 5 6
8 78 5 6

8*4 lbs.
Shirtings.

E ast I n d ia C r o p . — Messrs. Wallace & Co., under date,of Bom­
bay, Sept. 18, speak as follows •with regard to the crop i
“ The weather continues very favorable for the growing crop.
There has scarcely been any rain in Bombay, and the break has.
extended to all cotton-growing districts just when it was wanted,. ■
Some more rain at the end of this month will be required in
the Oomrawuttee district to mature the plants, and if there
should be rain then, which is likely, a large yield may be ex­
pected from that district. It is rather early yet to speak with
any certainty as to the Broach and Dhollerah crops. So far,
the weather has been very favorable, but the ultimate out-turn
of these crops depends upon heavy dews for the former, and
ram for the latter, in December.”

Receipts.

Shipment.» since Jan. 1.

Shipments this week.

8*4 lbs.
Shirtings.

Oott’n
Mid. 32s Oop.
Iwist.
Upl !s

C o m pa r a tiv e P o rt R egeipts a n d D a il y C rop M o v e m e n t .—

A. comparison of the port movement by weeks is not accurate^
as the weeks in different years do not end on the same day o f
the month. W e have consequently added to our other standing
tables a daily and monthly statement, that the reader may
constantly have befgre him the data for seeing the exact relative,
movement for the years named. The movement each month
since September 1,1882, has been as follows.
Monthly
Receipts.

Year B eginning September 1.
1883_ .

Sept’m b’r 343,812
Pore’tage of tot. port
receipts Sept. 3 0 ..

1882.

1881.

1880.

1879.

1878.
288,84a

326,656

429,777

458,478

333,643

05-43

09*10

07-80

06-67

06-49

This statement shows that up to Sept. 30 the receipts at tho
ports this year were 17,156 bales more than in 1882 and
85.965 bales less than at the same time in 1881.
The
receipts since September 1, 1883, and for the corresponding
pe/iods of the five previous years have been as follows.

Tot. Sp.30
1 ..
2 ..

1883.

1882.

343,812
33,583
..
23,863
..
23,430
24,985
35.295
27,124
S.
48,069
29,7a5
28,817
35,015
59,457
32,929
S.
58,919
31,531
33,463
40,049
55,385
31,727
S.
61,431
29,161
30,060
35,335
62.078

326,656
8.
30,981
25,177
25,140
32,469
36,417
21,231

8.
49,519
27,136
29.132
32,664
46,454
33.345

8.
55,598
31,685
31.15Ö
39,117
51,128
30,955
8.
49.132
33,572
36,559
40,620

Total . . . . 1,223.986 1,116,143
P e rce n ta g e of total
18-54
p o r t r e c ’p ts Oot. 26

1881.

1880.

1879.

1878.

458,478 333,643 288,84820,785
23,59935,186
23 ,283
21,495
31,901
8.
17,537"
35.010
8. >
36,637
25,784
24,181.
39,051
27,147
22,862.
8.
33,555
25,535
8.
37,355
25,374
23,398
2 5 .8 0 0
25,809
23,164
43,081
24,36944,019
21,335
33,710|
24,96623,504
30,586
8. 22,53935,621
8.
42,489
27,622
21,819
33,937
24,839
2 5 ,3 4 a
8.
37,697
.26,969
8. /
41,177
34,515
26,244
26,402:
27,876
33,776
36,305
29,014
26,622
39,856
26.144
27,764.
23,825
44 ,6 3 /
8.
20,54940,395
8.
43,315
31,161
31,763
38,729
21,811
. 2 2 ,5 1 0
8.
37,058
23.252
8.
43,101
35,6$0
33,864
3 1 ,6 3 4
32,554
31,901
41.145
25.507
22,873
48.3 6 1
30,998
23,157
35,566
35,713
8.
25,27542,970
8.
42,651
26,434
50,187
33,737
26,415
22,759
8.
35,115
33,2al

429,777
19,012

23-761

21-461

,002,956

•870,834

2005

19*56

This statement shows that the receipts since Sept. 1 up to
f >-nieht are now 107,843 bales more than they were to the same
dty of the month in 1882 and 102,457 bales more than
to the same day of the month in 1881. We add to the table
the percentages of total port receipts which had been received toOctober 26 in each of the years named.

THE CHRONICLE

O c t o b e r 2 ^ 1888.]

T h e E x p o r ts op C otton from New York this week show ar

^decrease, as compared with last week, thè total reaching 15,832
bales, against 21,214 bales last week. Below welgive our usual
table showing the exports of cotton from New York and their
-direction, for each of the last four weeks ; also the total exports
and direction since September 1,1883, and in the last column
th e total for the same period of. the previous year

Week end ing-

N e w O R L E A N S -F or L iv e r n o o l—O n t o

Same
Total period
since prevVus
Sept. 1, year.

Oct.
11.

L iverp ool................. .
•Other British ports.

8,779

200

9,569 10,408 10,449
......... 3,100 2,037

69,045 114,430
7,937
1,026

T otal to G r e a t B ritain

8,979

9,569 13,503 12,486

76,982 115,456

H a v r e ..................................
•Other F rench p o rts...........

727

1,674

Oct.
25.

600

12,335

12.317

d’ 4 0 0 -

n

H6,ter’ 4’270>

. . . Oct. 2 2 —Steamer^Athabasca °6
^ u k e o f ArgyH. 7,050
zuelan, 3,192.
o ,c d u — Oct. 21—Steamer Y ene-

Oct.
4.

Oct.
18.

Below we add the. cléarances this week o f vessels carrymi.

0 4 P » B r e m « i o c 't è? Æ T . O0t- **= «< *■ > > « Louise H „ 3,952.

E x p o r ts o p cotton ( bales ) pr o m N e w Y o r k singe Se p t . 1 ,1 8 8 3 .

E xported to—

453

^ » ” 99“ ’ O0tHandel, l ,5 2 2 ....0 c t . 2 2 -S M p V lrF or H a m b n r g -O e t 2 0 -S te a m e r Handel, 100
A l 5 t t S l , 8 5 0 . _S toa m er Welldeld, 5,22Ô ....O ot. 2 5 -S te a m e r

'|
CHARLESTON-For B re m e n -O ct. 25—Steamer Princess 5 700
F or G otten b erg -O ct. 2 4 -B a r k L eif, 1,586.
’ ’ ° 0’
For Genoa—Oct. 20—Steamer Cornucopia, 4.202
N o r f o l k —F or R eval—Oet. 24—Steamer Viola, 6,200.
For B arcelona—Oct. 20—Steamer Aurora, 3,413
B oston — F or L iv e rp o o l-O e t. 1 9 -S tea m er Samaria, 2 2 4
Oct 22
BateviA8- — an an’ 3605 Ealestiue> --------. - .. Oct. 23—Steamer*

T otal F r e n c h . . . . . . . . . . .

■ 727

1,674

600

12,335

12.317

•'Bremen and H a n o v e r ___
H a m b u rg ............................
•Other p orts..................

1,161
1,498
2,350

1,250
700
1.600

200
2,702
2,581

740
1,306
900

7,325
12,180
8,806

11,534
6,853
10,10i

T otal to N o r t h . E u rope

5,009

3,550

5,483

2,746

28,311

28,492
1,494
30 £

Below we give all news received to date of disasters to vessels
carrying cotton from United States ports, &c.:

1,799

E n d y m io n , steamer (Br.), before reported as having caught Are at

14,715 13,119 21,214 15,832 121,674 158,064

tnl0nni ’ Ga' ’ W F-lle loadlDg c ? tton> and arrived at Savannah
after the fire was extinguished,, cleared at Savannah, October 19,
for Reval. A qu an tity o f the cotton, dam aged b y fire and w ater!
Was sold at Savannah, October 19, as follow s : 17 bales a t $42 p er
bales) ^for $3^2**50^^° Per bal-e and a lot of 10086 cotton (about 8
T im s a h , steamer (Br.), from Galveston, at H avre. The steamer Timsah
w hüe lying alongside the quay iu the Basin de la Barre dock,
October 4, began to fill, and assistance was at once obtained to aid
m preventing tbe water gaining the upper hold. 250 bales o f
dam aged cotton were advertised fo r sale on O ctober 12.

Bpain, Op’rto, G ibralt’r,&c
A ll oth er................... ..........

549

2,893
1,153

T otal Spa in , & o ,

549

4,046

•Gr an d T otal ... .

T h e F ollow ing a r e t h e Gr o s s R e c e ip t s op C qtton at New
York, Boston, Philadelphia and Baltimore for the past week
^and since September 1. 1883:
• Receipts
from —
N. Orl’ans
T e x a s ___
-Savannah
M o b ile . . .
F lo rid a . .
S.C ar’lina
N.Car’lina
V irginia..
North, pts
Tenn., &c.
F o re ig n ..

New York.
Boston.
Philadelphia.
Baltimore.
This
Since
This
Silice
This Since
week. Sept. 1. week. Sept. 1. week. Sept. 1. week. Sept. 1.
10,972 64,874
*■' .........
44,312
12,830 51,922 2,017
9,568
963 3,679 ¡2,121 2Ò',795
......
.........
Í53 - 313
4,011 31,579
744 2,564 Ì ’,Ì9Ó
9,050
806
■ -,
3,255
933
2,882
14,412 44,128 2,947
9,265 2,273 9Ì392 2,945 16,673
3
101 3,203 16,155
569
1,415 1,005
3^220
161 4,587
400 - 871
693

B 4 F ™ B Î S l ë S f S “ f c 0.S er2 ^
1
F ra iA D E ^m A —F or U v e i^ o o l—Oet^lD^Steam er British Princess, 2,000
For Antwerp—Oct. 23 -S tea m er Vaderland, 1,150.

Cotton freights the past week have been as follows:
. Satur.

Mon.

Tues.

Wednes. Thurs.

Fri.

Liverpool, steam d.
“ 64
“ 64
n 64
“ 64
U 64
“ 64
Do
sa il...$ .
....
Havre, steam ___c.
716*
716*
716*
7ie*
W
7Í6*
D o sail.......... c.
Bremen, steam , .c.
710*
716*
710*
710*
710*
716* '
__
Do
sail....... e.
This year. 43,756j245,592 9,172 38,203 4,141 20,222 7,589
50,271 H im burg, steam .c. ' 38*
3Q*
3gV
38*
38*
38* !
L ast year. 43,025 ¡237,435'10,373 46,506 5,216 21,794 12,290
....
Do
s a il...c .
52,315
Amst’d’m, steam, c.
is*
1
^*
V
V
V
V
.....
Do
s a il...c .
S haping N ews.— The exports of cotton from the United
....
••••
States the past week, as per latest mail returns, have reached R eval, steam .
932 ® 516* 932®5X6* 932®^1ß* 932®516* 932®516* 935'®®1R*
__
Do sail...........c. , ....
=59,430 bales. So far as the Southern ports are concerned, these
are the same exports reported by telegraph, and published in Barcelona,steam.c. í516*
15ie*
1510*
1516*
1516*
1516*
5q*
tne Chronicle last Friday. W ith regard to New York, we Genoa, steam ___c.
®8*
V
V
38* '
s4*
include the manifests of all vessels cleared up to Thursday Trieste, steam ...c .
%*
%*
%* :7
%*
%*,
night of this week:
J Antwerp, steam ..c.
3&*
V
%* .
38*
3ÌEW Y o r k —To L iverpool, per steamers City o f Berlin, l / i s o ^ ^ale*'
* Compressed.
-----City o f Montreal, 1,85.8— England, 73 0 ___ Olbers, 982
....O re g o n , 1 ,6 7 3 ....P avonia, 3 ,2 5 6 ..................
10 440
L iv e r p o o l .— By cable from Liverpool, we have the following
T o Hull, per steamer Otranto, 2 ,0 3 7 .........
..............
2 osv
To Havre, per steamer Canada, 600. . ___ .*
..................... . . « o o statement of the week’s sales, stocks, &c„ at that port;* W e
T o Bremen, per steamers Donau, 5 0 0 ... .E lbe,*240.................
740 add previous weeks for comparison.
To Hamburg per steam er Lessing, 1,1 06.....
.. ..............
1 I 06
To Amsterdam, per steamer Schiedam, 550 ......... ..................
550
Oct. 5,
T o Antwerp, per steamer Switzerland, 350
350
Oct. 12.
Oct. 19.
Oct. 26.
jn ew Orleans —T o Liverpool, per steamers Eduardo. Ì.80Ó" "*
Ü
Jamaican, 3,464— Mediator, 3 ,0 8 0 .....
0044
8ales o f the w eek ....... ...h a les.
83.000
93.000
59.000
70.000
Of w hich exporters t o o k ___
To Havre, per steamers Havre, 7,111. ...N orthern,'‘5 ,9 5 1 ! " ' 1 3 0 6 2
5.700
7,900
2,600
4,300
T o Bremen, per steamer Altm ore, 4 ,3 5 1 ....
43^1
Of w hich speculators to o k ..
5.800
8,500
2,100
2,100
To Antwerp, per steamer H avre, 1 4 0 ............... >. .............
’140 Sales A m erica n .............. ...........
56.000
60.000
41.000
48.000
To Vera Cruz, per steamer City o f M exico, 693. . .'.".".. ."".".".".'.*
603 Actual e x p o r t..... .....................
11.000
8,200
8,300
8,400
4 800 Forwarded...................................
CHARLESTON—To Barcelona, per steamer Prim ate, 4 ,8 0 6 ' .........
3.700
4,600
6,400
4,600
••Sa v a n n a h — To Bremen, per steamer Asia, 4,800
" '
4 ’son Total stock —Estim ated....... .
616,000 555.000 506.000 470.000
Of
which
Am
erican—Estim’
d
To Amsterdam, per steamer Elpls, 5 ,4 17
1........... ‘ 5 4 l7
353,000 311.000 277,croo 253.000
To Barcelona, per steamer N orfolk, 5 ,8 0 1 ....I '.” ' " . ' " . " " " ' 5 ’a n i Total im port o f the w eek.........
25,500
27,500
21.000
40.000
<Galv ? bt° n—To Liverpool, per steamers Australian, 5,939
’
Of w hich A m e r ic a n ..............
23.000
18,000
11,500
29,500
Amount afloat.............................
76.000
83.000
130.000
148.000
Of w hich A m erican...............
T(> Cork, fo r orders, per barks E. D.■Bigelow,'2,Ò‘ÒÒ! '. '.Siimi,
’
29.000
30.000
76,000 ' 88,000
......................................................... .
O QOK
To Bremen, per steamer Weser, 4 ,5 2 5 ....
'
I................... .. 4 ^ 9 5
The tone of the Liverpool market for spots and futures each
To Vera Cruz, per steamer Whitney, 5 0 0 ..I..'.’ !. '." ” “ ......... ”
Zqc,
3 650 day of the week ending Oet. 26, and the daily closing prices
W il m in g t o n —To Liverpool, per steamer Lykus, 3,650.................
N o r f o l k —To Liverpool, per steamer H ector, 4 ,2 8 0 ....'.’ ’ ” .......
4*280
of spot cotton, have been as follows.
B a l t im o r e —To Liverpool, per steamers Caspian," 2,2 70” !!
’

1

X ) O l) l « » . . . . . . . . . , . .

a p e i

To Bremen, per steamer America,' 1 ,2 0 4 ............ .......................
To Amsterdam, per steamer Jason, 6 0
0 . ...................
B o sto n — To Liverpool, per steamers Istrian, 77Ò... .'Missouri,
5 0 0 ....Norseman, 4 1 5 . . . ...........................! . . . . . .
To Liv
TiiYAmAAl
OT» c+oorvin«
r ««X ’rnil*
’ ’ 1,
4' 661!
A/.v ’ !
P h ila d e l phITA-ia —To
erpool, D
per
steamer Lord
Clive’,’
Total.

l »04
600
1 685
1,661
99,430

The particulars of. these shipments, arranged in our usual
form, are as follows:
s
Cork, fo r
Amsterorders,
Brenien dam &
L iter- and
&_
Hath- A nt- Barco Yera
pool. Hull. Havre, burg. werp. Iona. Cruz.
N ew Y ork. 10,449 2,037
600 1.846
900 ................
140 . . . . ..
693
Charleston! ^
13-062 Q f r
........
4,800 ... . ..
Savannah..
.......................
4,800
“Galveston,. 9,599 3,825 . ____ 4,525 5,417 5,801 ........
................
500
Wilmington 3,650
........ ......... ........ . ......
N o rfo lk . . . .
4,280
.................................
B altim ore.. 4.661
1,204
600 ....................
Boston........
1,685
...........................
;
Philadelp’a
1.661

........

........ ‘ . . . . . .

T o ta l... 44329 5,862 13,662 16,726 7,05710,601




Total.

Spot.

Saturday Monday. Tuesday.
Mod. Inq.
freely
supplied.

Wednes. Thursd’y.

Friday.

Steady.

Firm.

Ylid U pl’ds
Mid. Orl’Ms
Sales....... .
Speo.& exp.

51516
6*16
7.000
1.000

mu

6 lie
10,000
1,000'

515ie '
6 I16
10,000
1,000

515le
6 I16
15,000
1,000

Good
demand
Firm.
freely met
6
6
618
6^2
15,000
,14,000 1,000
1,000

lu tu res.
Market, ?
12:30 p .m . j

Steady.

Firm.

Very qui’t

Steady.

In buyers’
favor, x

Market, \
12:30 p .m . $ • Dull.^

Strong.

15,832 Market, ?
Barely
Steady.
Easy.
Steady.
Easy.
26,590
steady.
5 P. M. J Steady.
4,800
16,018
The opening, highest, lowest and closing prices of futures at
18,449
3,650 Liverpool for each day of the week are given below. These
4,280
6 465 prices are on the basis of Uplands, Low Middling clause, unless
1,685
1.661 otherwise stated.

1,193 99,430

13 F The p rices are given in pence m et Qllhs, thus; 5 62 means 5 62-64ci,i
m et 6 03 means 6 3-64$,

T H R CHRONICLE.

454:
S at., Oct. 530.

M on ., O ct. 22>

T u es., Oct. 2 3 .

Open Sigh Low. Clos. Open High Low. Clos. Open High Low. Clos.
October.—
Oct—Nov—
Nov-D ec...
Dee-Tan....
Jtan.-Feb...,
Feb.-Ma.rch
Mar—A p r...
April-May..
May-June..
jhme-JuIy..
nly-Aug.,1
Aug—Sept..

d.
5 57
5 55
5 55
555
5 57
5 53
5 63
6 02
6 05

d.
5 55
5 55
5 53
5 53
5 55
5 £8
•5 61
6 02
6 04

d.
5 55
5 55
5 53
5 53
5 55
5 53
5 61
6 02
6 01

d.
5 57
5 55
5 55
5 55
5 56
5 58
5 63
6 02
6 05

W ed n es. Oct 2 4 .

October......
©et.-Nov....
Nov—Dec..
Dec.-Jan...
Jan.-Feb....
Feb—March
Mar—A pr...
April-May..
Slay-June..
June-July..
July-Aug...
Aug—Sept..

d.
5 61
56'
5 56
5 57
5 58
5 61
6 00
6 04
6 05

d.
5 56
5 58
5 54
5 51
5 55
553
5 02
6 01
6 04

a.
5,56
5 53
5 51
5 54
5 55
5 53
5 62
6 01
6 04

d.
5 59
5 58
5 56
5 5é
5 57
5 60
5-68
6 03
6 05

d.
5 60
5 60
5 56
5 56
5 57
5 60
5 63
6 05
6 06

d.
6 00
5 62
5 59
5 56
5 60
5 62
6 02
606
6 08

d.
5 63
5 62
5 59
5 56
5 60
5 62
6 02
6 06
6 08

F r i., Oct. 2 6 .

T h u rs., Oct. 2 5 .

Open High Low. Clos. Open High Low. Clos. Open High
d.
d.
d.
d.
d.
d.
d.
d.
d.
d.
6 00 6 00 5 61 561 5 62 5 62 5 60 5 62 5 63 6 00
5 63 6 02 5 59 5 60 5 61 5 61 5 60 5 60 5 62 5 63
5 59 5 59 5 56 5 57 5 53 5.58 5 57 5 57 5 59 5 63
5 59 5 59 5 57 5 57 5 5? 5 57 5 57 5 57
5 61 5 61 5 58 5 59 5 59 5 00 5 59 5 60 561 5 62
6 00 6 00 5 60 5 82 5 62 5 62 5 61 5 62 5-63 6 00
6 03 6 03 6 00 6 01 6 02 6 02 601 601 6 02 6 03
6 05 6 05 6 03 6 03 6 05 6 05 6 04 6 03 6 06 6 03
6 09 6 09 6 06 6 06 6 08 6 0S 6 08- 6 0S 6 10 6 10

:::

d.
5 60
5 60
5 56
o 56
5 57
5 60
5 63
6 05
6 06

Low. Clos.

2 65®
3 OO®
3 75®
4 25®
3 70®

GRAIN.
I C orn W h ea tWestern w h ite.........
Spring, per hush.
93 ® 1 18
Rye—W estern..............
Spring No. 2 . . . . . 1 0 3 ® 1 04
State & Canada.......
Red winter, No. 2 1 1 2 © 1 1 3
R ed winter . . . ..
96 ® 1 10
O ats»-M ix ed ..... ..........
W h i t e ......................
W hite................
90 ® 1 17
W hite No. 1 . . ..................® . . . .
No. 2 m ixed ..............
Corn—West, m ixed
52 ® 56
No. 2 w h it e ..............
Barley f No. 1 Canada.
West. mix. No. 2 ............... ® 56
White Southern..
60 ® 62
No. 2 C a n a d a .......
Y ellow Southern.
56 ® 58
B u ck w h ea t.................

56 ®
63 ®
70 ®
33 ®
37 ®
33% »
3 7 78 »
______ ®

5 75
6 65
4 75
3 90
3 30
3 40
4 25

57*2
65*a
71
35
44
34%
38

88

.

84 ® 85
90 ® 1 0 Q

The movement of breadstuff^ to market is indicated in the

statements below, prepared by us from the figures of the New
d.
5 63 York Produce Exchange. "We first give the receipts at Western
5 62 Lake and River ports, arranged so as to present the compara­
5 59 tive movement for the week ending Oct. 20 and since Aug. 1

561
5 63
601
6 06
610

5 60
5 63
6 02
6 06
610

616 6 16 614

614

for each of the last three years:'

F r id a y . P . M., Oct. 26, 1883.

Flour afc one time was more active, and the tone of the mar­
ket showed not a little improvement, new spring patents, as
well as choice winter patents, being held with the most confi­
Large sales of city-mill grades, however, have been

made at some decline, and winter wheat seconds have not been
w ell sustained.

City shipping extras. $5 10®
3 25 Southern bakers' and
fam ily brands . . . . . . 5 25®
3 60
4 25 South’n skip’g extras. 4 25®
6 25 it y e flour, superfine.. 3 65®
4 10 C om m eal—
Western, &o............. 3 00 ®
Brandywine, <ftc___ 3 35®
3 75® 6 25
5 50® 7 25 B uckwheat flour, $
3 90®
5 50® 7 00 i 100 lb 3 .. ....... .

N o. 2 s p r i n g . b b l . $ 2 2 5 ® 3 0 0

No. 2 w in t e r .............
Superfine.....................
Spring wheat extras..
Minn, clear and stra’ t
Winter sliipp’g extras.
Winter cle a r, and
s t r a i g h t . . . ; . . . . ___
Patents, spring....... .
Patents, w inter..........

d.
5 61
5 62
5 59

B R E A D S T U F F S.

dence.

[V o l . X X X V II.

W ithin a few days, in fact, the entire market

Receipts at—
Chicago.......
Milwaukee..
Toledo.........
Detroit. . . . .
Cleveland__
St. Louis ....
Peoria..........
Duluth.......
Tot. wk. ’83
Same wk. ’82
Same wk. ’81
SinceAug.l—
1883.........I
1882......... .
1881....... .

Flour..

Com.

. Wheat.-

Oats.

Barley.

Bye.

Bbls.lWlbs Bush.60 lbs Bush.56lbs Bush .32 lbs Bush.48lbs Bush. 56 lbs
603,176 1,407,660
309,392
129,754
828,385
- 71,356
182,736
23,920
44,800
8,275
110,110
273,848
415,056
61,022
27,530
3,045
3,000
19,435
44,897
18,534
232,089
53,455
3,419
10,500
50,619
2,700
105
1,198
2,327
133,476
14,651
98,010
50,080
23,777
136,208
271,345
40,100
30,470
5,550 E207,260
1,050
2,000
518,161
45,000
1,360,853
909,273
698,343

695,059
685,416
456,871

203,783
118,073
134,294

2.174,653 30,701,113 33,543,868 19,604,903
2,105,507 32,374,456 14,536.535 15,191,095
2,140,705 18,304,790 42,616,545 10,017,714

4,169,472
3,339,833
3,177,089

3,350,3011,291.557
2,025,754

260,084
269,833
203,351

2,143,595
2.184,134
929,306

1,856,047
645,663
1,737,205

The comparative shipments of flour and grain from the
same ports from Dec. 25, 1882, to Oct. 20, 1883, inclusive, for
four years, show as follows:
1882-83.
7,267,863

1881-82.
6,363,494

1880-81.
7,194,165

1879-80.
4,071,862

To-day trade

W heat..........hash. 38,371.502
C om
91,366,401
Cats. 41,131,167
B a rley
6,528,552
R y e . . . . . . . . . . . . . 5,091,795

45,495,520
55,976,090
29,934,935
3,410,138
2,413,481

43,183,813
95,441,750
29,857,295
3,395,794
1,837.363

70,823,280
111,715,027
25,803,196
3,140.642
2,432,861

"Wheat has declined for future delivery, but the fluctuations

Total grain . . . . 182,489,417

137,230,194

173,721,015

203,415,009

•has become dull and more or less depressed for all kinds, not­
that

the supply, either of spring ,or winter

.

withstanding

F lou r... ....b b ls .

.

wheat grades, is large for this time of the year.
wa3 dull and prices were weak.

have been frequent, and there is no marked reduction in the
quotations.

Yesterday, indeed, there was an advance of one

Below are the rail shipments from Western lake and river
ports for four years:
1883.
Week
Oct. 20.
113,095

cent, owing largely to a decrease in the receipts at Chicago,
an active market there and

stormy weather at the West,

though a decrease of 880,000 bushels in the quantity on passage
to European ports likewise had a stimulating effect.

the

To-day, in sympathy with a

weaker market in Chicago, prices here declined slightly,

No.

2 red sold on the spot at $1 12 in elevator and at $ 1 06% @
$1 07/á for November, $1 09% @ $1 09% for December, $ 1 11% @
$ 1 1 1 % for January and $1
13% for February,
’ Indian corn has been fairly active for export, but quiet on
speculation both here and at the W est. A slight advance has
taken place, owing to some decrease in the receipts at the
West, stormy weather there, and not only a diminution of
1,168,737 bushels in the American visible supply, but a de­
crease of 1,000,000 bushels in the quantity afloat for Europe.
To-day there was a small advance attended with fair transact­
ions. No. 2 mixed sold on the spot at 56c. in elevator, No. 3
mixed at 55c. and No. 2 white at 56 % @ 57% e.; choice old
Southern white afloat has sold at as high as 63c. No. Í mixed
Bold for future' delivery to-day at 55% @ 55% c. for October,
56©56% c. for November, 57% @ 57 % c. for December and 56%
@57J^c. for January.
| Eye has been quiet but steady. Barley has been fairly
active and steady; No. 1 Canada has sold at 88c. and Western
at 72%c. Malt has been dull. Oats have been moderately
active at a slight rise. To-day, however, the maiket was quiet
and a fraction low«,*; No. 2 mixed sold at 33% @ 33/£c for
October. 34M @ 34^ c for Novr-mber, 35 % @ 35 % c . for December,
3&%@37e. for January and 39%c. for May.
The following are closing quotations :




2,226,790

There has been less activity

in spring wheat, however, and white has continued so scarce as
to b e nearly nominal in value.

368,587
521,544
•913,798
386,651
36,210

W heat.. ..................hash.
C orn ...,
......... .

The spec­

ulative transactions here have not only increased, but
foreign trade has also improved.

Flour...........................bbls. .

1881.
Week
Oct. 22.
119,857

1880.
Week
Oct. 23.
117,438

258,350
508,698
174,339 1,108,431
549,628
553,240
250,485.
134,838
73,546
. 94,799

261,205
4 7 0 ,6 8 6
938,322
120,430
88.758

2,146,064

1,874,401

1882.
Week
Oct. 21.
160,474

1,640,808

The rail and lake shipments from same ports for last four
weeks were:
Week
Flour,
endina— ■ obis.
Oct.
20 237,704
Oct
13 236,715
O ct'
6210,334
SeptT 29 201,955

Wheat,

bush.

1,818,304
1,727,893
1,293,046
1,763,029

Tot., 4 w .886,708 6,612,272
4w ,ks’82.950,839 7,233,105

Corn,

bush.

Oats,

bush.

1.667,5551,110,139
'2.465,160 1,411,223
2,283,597 1,460,366
2,671.182 1,346*861

B arley,
B ye,
bush.
bush .
455,402 229,210
460,550 199,272
344,325 188,879
275,047 325,934

9,037,494 5,358,589 1,535,324
3,829,254 3,019,589 964,056

943,295
361,241

The receipts of flour and grain at the seaboard ports for th e
week ended Oct. 20 follow:
Flour,
At—
bbls.
New Y o r k ....... 142,885
B oston .. . . . . . . . 86,502
P o rtla n d ,........
685
Montreal.......... 20,084
Philadelphia... 23,024
Baltimore......... 21,881
New O rleans... 21,349

Wheat,
Corn,
bush.
bush.
779,600 1,369,148
4,400 215,010
10,301
51,980 122,867
104,700
59,500
43,770
245,507
173,077
51,917

B arley,
B ye,
Oats,
bush.
bush.
bush.
670,900 94,700 123,600
2,255
500
141,805
5,500
8,453
2,433
11,707
127,500 40,890
2,420
35,650
50
31,823

Total week .. 316,410 L 2 3 8 ,104 1,993.672 1,024,885 140,278 136,023
Cor. week ’ 8 2 .. 337,586 2,791,865
217,215 410,488 401,875 67,855

The total receipts at the same ports for the period from
Dec. 25, 1882, to Oct. 20, 1883, compare as follows for four
years:
1882-83.
F lo u r .......b b ls . 10,898,278

1881-82.
9,505,012

Wheat
hush, 52,653,738
Arm
73,923.160
Xa*« ........... ¿Í 25.536.752
Ra r l ¿ v ‘
2 506 760
...........................
4 275,323

68,572,524
26,486,698
23,432,041
3,110,340
1,263,196

Total grain ....1 5 8 ,8 9 5 ,7 3 3

122,864,799

1880-81.
10,356,525

1879-80.
8,425,304

79,519,946 104,413,976
90,081.227 120,459,040
23,300,877
19,270,583
2,892,013
2,677,218
1,410,528
1,887, U 2
197,204,621

248,707,929

The exports from the several seaboard ports for week ending
Oct. 20, 1883, are shown in the annexed statement;

S töber 27,, 1883.]
E xports
fr o m —
JtewYork
Boston...
Portland.
Montreal.
Philadel..
Baltim’re
N.Orl’n s .
Total w’k.
6 ’me time
1882. ..

Flour.

THE CHRONICLE.
Corn.

Wheat.

Oats.

Bye.

Bbls.
69,769
41,566

Bush.
306,081

Bush.
418,114
124,205

Bush.
974

Bush.
110,252

Bush.
1,237

18,827
8,018
3,043
475

103,621
48,782
307,510
56,834

151.975
25,250
17,742
85,146

7G1

22,957

57,414

*600

139,698

822,828

852,432

2,335

133,209

58,651

156.375 1,637,900

101,745

' 8,581

78,081

22.387

The destination of these exports is as below.
-corresponding period of last year for comparison:
Flour.
Exports
fo r week
to—

Peas.

1883.
Week,
Oct. 20. .

1882.
Week,
Oct. 21..

1883.
Week,
Oet. 20.-

1883.
Week,
Oet. 20.

1882.
Week,
Oct. 21.

Bush.
943,312
666,302
4,488

Bush.
69 3,518
152,699
1,915
4,945
, 355

Bush.
£9,531

Bbls.
94,280
5.205
8,541
16,927
14,694
51

Bbls.
103,811
3,417
11,528
19,546
16.584
1,489

Bush.
437,918
379,871

T o ta l...

139,693

156,375

822.828 1,637,900

5,009

' 23,798

character. Agents prices remain unchanged, but some large
lots of brown sheetings were sold by jobbers at relatively low
figures, in order to stimulate trade. Print cloths were in light
demand at last week’s quotations, and stocks have slightly ac­
cumulated at the manufacturing centres. Prints were dull in
agents’ hands, and the jobbing trade was by no "means active
but prices are nominally unchanged.

Corn.

1882.
Week, '
Oct. 21.

U n.K ing.
“Contin’nt
43.& C. Am
W. Indies
Brit. Col’s
O th .c ’nt’s

to China, 229 to Argentine Republic, 129 to United States o f
Colombia, and smaller parcels to other countries. There was a
fair demand for white goods, as Victoria and India lawns, nain8001 ?■ lace stripes and checks, fancy piques, &c„ resulting in
considerable orders for future delivery, but most descriptions
of brown, bleached and colored cottons ruled very quiet in first
hands, selections having been almost wholly of a hand-to-mouth

W e add the

Wheat.

852,432

2,223
.3,886
4,fH)0
* 1,600
101,745

B y adding this week’s movement to onr previous totals we
have the following statement of exports since September 1, this
season and last season.

4 Bo

D omestic W oolen G oods — There was a moderate business
in spring cassimeres and worsted suitings by the clothing trade,
but operations were conducted with a degree of caution bor­
dering upon timidity. Heavy clothing woolens were taken by
the same class of buyers to a l !mited amount, and in relatively
small lots. Overcoatings ruled quiet, and satinets and Ken­
tucky jeans were in meagre d-mand, while a fair distribution o f
ladies' cloth, tricots, sackings, heavy Jersey cloths and stock­
inettes was made in moderate-sized parcels.
Fiannels were
somewhat less active, but very steady in price, and blankets
were lightly dealt in by package buyers. Worsted and allwool dress fabrics were quieter in first hands as rega-.ds new
business, yet current sales, coupled with deliveries on account
of back orders, reached a fair amount, and stocks are in such
good shape that prices are firmly maintained. In shawls, carpets,
hosiery and knit underwear there was a steady but strictly
moderate business at unchanged prices.

Flow.
Wheat.
Corn.
Exports since
1883.
1882.
1882.
1883.
1883.
1882.
Sept, 1, to— Sept. 1 to Sept. 1 to Sept. 1 to
Sept. 1 to Sept. 1 to Sept. 1 to
Oct. 20.
Oct. 21.
Oct. 20.
Oct. 21.
Oct. 20:
Oct. 21.
Bbls.
Bbls.
Bush.
Bush.
Bush.
Bush.
Un. Kingdom
840,377
922,732 5,207,744 11,997,869 6,693,090
682,301
•Continent...
36.127
.‘ 116,934 3,743,742 10,730,431 1,696,380
153,105
S. & C. Am ...
89,301
112,893
375
20,302
F oreign D ry G oods.— There was a light re-assorting demand
254.571
68,577
West Indies.
142,849
148,272
16,583
8,684
90,254
72,904 for imported goods by retailers, but transactions were very
Brit. Col’nles
119,029
116,280
16,342
17,019
©th. countr’s
3,820
6,811
110,994
100,791
5,440 moderate in the aggregate. Silks were noticeably quiet in
Total...... 1,237,003J 1,423,922 8,988,444 22,8.4,283
private hands, and sold poorly when offered at auction, but
8,857,428
997,946

.^ ¿ e visible supply ot grain, comprising the stocks in granai v
at the principal points of accumulation at lake and seaboard
folkiwifm fcran8it
rail an<i water> Oot. 20, 1883, was as
_ ,
I n store at—
N ew Y o rh ;.............
Do. afloat (eat.)

Albany.................

Wheat,
hush
8,057,249
88,000

3,700

Corn,
bush.

Oats,
bush.

3,179,430 2,406,712
396.000 : 56,000
27.100
77,300
678,619
85,980
2,068,445 234,659
12,088
4,330
22,551
132,248
88,816
50.924 147,477

998,134
Buffalo...................
Chicago.................. 7,427,784
M ilw a u k e e ....... 1,073,223
D u lu th .................. 1,310,710
T oledo................... 1,785,672
D etroit..................
460,716
O s w e g o ........... .
40,000
200.000
8t. Louis........ . ...... 1,905,793
151,241
64,221
4Jineinnati(13)___
165,230
50.554
70,489
B oston...................
2,479
175,396
21,664
Toronto............ .
37,181
M on trea l..............
89,895
35,824
6,723
P hiladelphia........
753,674
247,037 131,114
P e o r ia ...................
7,394
4¿,319 123.794
Indianapolis.........
255,200
28,100
75,700
Kansas C ity.........
412.240
32,040
21,491
B a lt im o r e ........ .
2,375,694
95,723
2.979
D ow n Mississippi.
3,210
49.179
On r a i l . . . . ............
427,630
614,319 1,088,116
■On lake......... .
1.215,141 1,464.096 196,341
On canal...............
' 812,687 1,556,085 265,903

B arley,
bush.

12,122

13,000
17,448

80,242
341,067
346
190,000
59,543
31,429
. 2,928
122,572
24,339
i',536

386,651
68,751

257,117

Bye,
bush.
441,324
31,000

there was a steady call ft>r small lots of velvets, plushes and
velveteens. Dress goods were mostly quiet, and there was only
a limited inquiry for house-keeping linens, white goods, laces,
embroideries and hosiery. Prices of the most staple fabrics
remain fairly steady, but it is a buyer’s market for such goods
as are subject to the mutations of fashion.

21,100

93.963
822,698
23,837

41,072
2,048

I m p o r t a t io n s o f D r y G o o d s .

The importations of dry goods at this port for the wee k
ending Oct. 25,1883, and since January 1, and the same facts
for the corresponding periods of 1882, are as follows:

132,863

»
et
an

70,377

635
28,167

o,
o;

62,445
19,000
44,042
7,413
69,422
193,000
206,867

2

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Tot. Oct. 2 3 /8 0 . 21,750)566

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DRY GOODS TRADE.

he market for dry goods has been exceptionally quiet the
past week, and its main features are unchanged. The demand
for consumption has shown some improvement all over the
country, but retailers’ stocks are still large enough to meet
the immediate wants of their customers, and there has conse­
quently been a limited call for re-assortments at jobbers’
hands, Business was very light in commission and importing
circles, and a strictly moderate trade was done by manufact­
urers of clothing, shirts, cloaks, suits, &c. In spite of the
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p

COM *■10000O*<1

iot. get 2 i ’ ’i f - ! £ S i f S

weather becomes cold enough to give an impetus to the retail
rade. The mbst staple fabrics of home and foreign manufact­
ure are steadily held, and, though some.'goods have naturally
accumulated because o f the late lull in the demand, there is
no reason to believe that stocks are redundant as a rule.
D omestic Cotton G oods.- T h e exports of domestics for the
week were 1,851 packages, including 674 to Great Britain, 532

fcs

g

0>

Tot. Oct. 2 0 ,’83. 30,308,426 11,263.344 5,219 038 1 609 091 2 911 279

THE

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[VOL, XXXVII.

THE CHRONICLE.

456

Jttsxxuanxc.

Jtxsxxraxxtjc.

(£ 0 m m g * x l a t

MUTUAL LIFE

OFFICE OF TH E

A T L A N T I C

INSURANCE COMPANY
OF N E W YORK.

M u tu al

Insurance

C o .,

B l i s s , F a b y a n & C o .,
New York, Boston, Philadelphia,
SELLING AGENTS I'OR'LEADING BRANDS
B R O W N & B LE AC H ED * S H IR T IN G S
A N D S H E E T IN G S ,
PRINTS, DENIMS, TICKS, DUCKS, &0.

F . S. W IN S T O N , P resid en t.
ISSUES E V E R T DESCRIPTION OF

L IF E & E N D O W M E N T PO LIC IE S
NEW Y O R K , January 25 ,1 8 8 3 .
T he Trustées, in conform ity to the Charter o f
the Company, subm it,the follow ing Statement
Of its affairs on the 31st Decem ber, 1882:
Prem ium s on Marine Risks from
1st January, 1882, to 31st Dex cem ber, 1882.............................. $4,412,693 58
Prem ium s on Policies not marked
o ff 1st January, 1882-----; ........ 1,516,844 85
r

H otal Marine Prem ium s....... $5,929,538 43

Premiums marked oft from 1st
January, 1882, to 31st Decem ­
ber, 1 8 8 2 . . . . . . . . . . . . . . . . . . . . . . $4,390,305 90

Rates Lower than other Companies.
ORGANIZED A P R IL

O F F I C E
C

14TH, 1842.

ASSETS. $ 9 5 ,0 0 0 ,0 0 0
(Commercial © a rd o .1

A

R

P

E

T

S

.

HOUSEKEEPERS a n d o c c u p a n t s o f o f ­
take notice. Before buying your carpets.
Linoleum, Oilcloths, or Mattings, call atBENDALL’S
Misfit Carpet Store, 114 Fulton^ St., basement floor
Cheapest place in New York.

f ic e s

i?xxMiaxix0txs.
SAM UEL

BUDD.

F ine Custom Shirts our Specialty.
Over Tw enty Y e a r s’ experience w ar­

Losses paid during the same
p eriod ...................................
$2,013,767 35

rants

Returns o f Premiums and E x ­
p e n s e s . . . . . . . . . . . . . . ..............

ance
$823,304 50

T o w e ls Q u ilt s , VVbite G o o d s A H o s ie r y
Drills, Sheetings, <te., fo r E xport Ti'ade.

the

assertion

that

our

H A N D -B O O K

Dress
OF

Shirts are unequaled for style, appear­
and

workmanship.

¥ e

g u ar­

antee in all cases a perfect fit.

The Company has the follow in g Assets, viz.;
SAM UEL, B U D D ,
United States and State o f New
Broadway & 24th Street, New'York.
Y ork Stock, City, Bank and
other S t o c k s . . . . . . . . y . . . - ----- $8,974,558 00
Loans secured b y Stocks and ;
o t h e r w is e .............. ..................
1,575,500 00
R eal Estate and Claims due the
Company, estimated a t— . . .
531,118 15
remium Notes and Bills Re­
Manufacturers and Dealers In
ceivable........................... - .......... 1,725,575 02
Cash in B an k .................................
364,923 85

Railroad Securities
JULY,

1883.

Brinckerhoff, Turner
8c C o . j

A m ou n t.......... ........................ $ 13,171,675 02

And all kinds of

COTTON CANVAS, FELTING' DUCK, CAR
COVERING, BAGGING, RAVENS DUCK, SAIL
TWINES, &&, “ ONTARIO” SEAMLESS
BAGS, “ AWNING STRIPES.
Also, Agents
n ex t.
U N I T E D S T A T E S B U N T I N G CO.
TH E OUTSTANDING CERTIFICATES o f
- the issue o f 1878 w ill be redeem ed and paid to A full supply, all Widths and Colors, always in stock
N o . 1 0 9 D u a n e S tree t.
the holders thereof, or their legal representa­
tives, on and after Tuesday, the Sixth o f Feb
(n a ry next, from w hich date all interest thereon
wiR cease. The certificates to be produced at
W A R R E N , JO N E S & G R A T Z ,
the lim e o f paym ent and canceled.

B A G G I N G .

B y order o f the Board,
J . H . C H A P M A N , S e cre ta ry .

Manufacturers’ Agents for the sale of Jute Bagging.

C O T X O N

t

I e s .

Joy, Lincoln & M otley,
SUCCESSORS TO

AGENTS FOR

J . D. Jones,
Charles Dennis,
W. H. H. M oore,
Lewis Curtis,
Charles H. Russell,
James Low ,
D avid Lane,
Gordon W. Burnham,
A . A. Raven,
f m . Sturgis,
Benjam in H . Field,
Josiah O. Low,
W illiam E. Dodge,
R o y a l Phelps,
T hom as F. Youngs,
C. A . Hand,
John D. H ew lett,
William H. -Webb,
C h a rle s!

T E E S :
H orace Gray,
Edmund W. CorliiS.
John E lliott,
Adolph Lem oyne
Bobt. B. Minturn,
Charles H. Marshall,
George W. Lane,
E dwin D. Morgan,
James G. D e Forest,
Samuel Willetts,
Charles D. Leverieh,
W ill am B ryce,
W illiam H. F ogg,
Thomas B. C cddington
H orace K. Tburber,
W illiam D egioot,
Joh n L . Riker,
N. Denton Smith,
’. Burdett.

JOHN D. JONES, President.
CHARLES DENNIS, V ice President,
W. H . H . MOORE, 2d Vice-President.
A. a . r a v e n , 3d Vice-President,




Railroad Securities.—
A Statement op th e Stocks and B onds
O utstanding , and th e E arnings for Four
Y ears Past, o f all Railroads whose securities
are sold in the markets o f New Y ork, Bsto n
Philadelphia or Baltimore.

Highest and Lowest Prices, Monthly.—

O cea n M ills C o ., A tla n t ic C o tto n M ills ,
P e a b o d y M ills , C liieop ee l i f e , C o .,
H e r to n N e w M ill s , . W h i t e M fe . C o .,
S a r a to g a V ic to r y M fe . C o .,
H o s ie r y a n d Y a r n M ills ,
THE

A shepoo Phosphate C o .,
CHARLESTON, S. C.
R O B E R T S O N , T A Y L O R & C O .,
GENERAL AGENTS.
Manufacturers of High-Grade Acid Phosphates,
Dissolved Bones, Bone Ash and Ammoniated k ertuizers. Large Importers from the Mines in Germany
of Leopoldschall Kainit.
■ .

States Securities —For the year

1882, and to July in 1883.
B onds

IMPORTERS OF

IR O N

C O N T E N T 18 .

U nited

ST. LOUIS, Mo.

E . R . M U D G E , S A W Y E R & C O .,’
43 & 45 W hite Street,
15 Chatjncey Street ,
NEW YORK.
BOSTON.
T B D i

P R I C E S ; D IV I D E N D S .

C O T T O N S A IL D U C K

S IX P E R CENT INTEREST on the outstand
tng certificates o f profits will be paid to the
holders thereof, or their legal representatives»
on and after Tuesday, the Sixth o f February

A D IV ID E N D OF F O R TY P E R CENT is
declared on the net earned prem ium s o f the
Company, fo r the year ending 31st December,
1 8 8 2 ,fo r w hich certificates w ill be issued on
And after Tuesday, the First o f M ay n e rt.

D E S C R I P T I O N ; IN C O M E ;

and

Stocks in N e w Y o r k —For the

year 1882, and to July in 1883.
P onds and Stocks in B oston —F or the year
1882, and to July in 1883.
B onds and Stocks in P h il a d e l p h ia —F or
the year 1882, and to July in 1883.
B onds and Stocks in B a l t im o r e —F or the
year l'882, and to Ju ly in 1883.

Bange of Prices by Years.—
Y e a r l y R ange o p A ctive Stocks in 1881,
1882, and to July, 1883.

Dividends.—
D ividen ds on R a il r o a d Stocks sold at the
Exchanges iu New Y ork, B oston, Philadel­
phia and Baltim ore, paid prior to Ju ly in
1883, and during the six years, 1877-1882
inclusive.

•

Bailroad Earnings.—
FOR

SALE. ~

G ross E arnings b y m onths since Jan. 1,1880

Chronicle Volum es
S IN C E

1 8 7 0 ..'

Any office possessing these volumes since 1870 has
at hand for convenient reference a complete and re­
liable financial history of the period. Parties having
the more recent volumes can obtain from the pub
Ushers most of the earlier volumes, or complete sets
can be furnished.
W I L L I A M B . , D A N A & C O .,
79 to 61 WILLIAM STREET,

Price in Bed Leather Covers, ■ $1 25
To Subscribers of the Chronicle, $1 00
W IL L IA M

B . D A M A & CO ,

PUBLISHERS,

19 & §1 w t

am Street, New Y ork.