Full text of Commercial and Financial Chronicle : October 28, 1893, Vol. 57, No. 1479

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

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H U N T ’ S

M E R C H A N T S ’

M A G A Z I N E ,

R E P R E S E N T IN G T H E IN D U S T R IA L AN D COM M ERCIAL IN T E R E S T S OF T H E U N IT E D ST A T E S .
I Entered, according to Act o f Ooagri »«. in the year 1893, by W « . B. D a s A Se C o ., in the office o f the Librarian o f Congress, Washington, D. C.

SATURDAY, OCTOBER 23, 1893.

VOL. 57.

Week Ending October 22.

% hz C h r o n ic le *

1893.

T erm s o f S a h scr lp tlo n - ■ Payable In A dvance:
F or One Y ear..................................
..* io oo
6 00
F or Six M o o th a ......
B aropesn Subscription (Including postMtei...................... 12 00
Raropean 8nb«oriptlon SU Month* lincluding postage).
7 00
A nnual Subscription in London (including p o s ta g e )....A 2 10».
SU Mo*.
do.
do.
do
-----A t t0».
The Ikvestors ’ M r u n a n o f ISO naee* I* tam ed every other
m onth, on the last Saturday* o f January, M arch, May. Ju ly, September
and N ovem ber, and furnished without extra charge to all *ub»cribers
o f the C hhomhu.k for * iz month* or longer.
The Static a s d C ity S ci'M jejikkt o f 184 page* t* also given to every
yearly aatwartber o f the C u roxiclr .
S obscrtotiose will be continued until definitely ordered stopped.
The publisher* cannot l.e re*pon*ible fo r remittance* unices m ade by
draft* o r by P M Office or K i i .r o * m oney order*.
File cover* are sold at 50 cents each, and to new subscriber* for a
year one file covet Is supplied without c h a rg e ; postage on the same is
18 cents.
O n etim e .................................. S3 50 |Three Months (13 tim e s)..*23 Oo
One Mouth
(4 tim e*)., i 1 00 Six Months
<2*1 *■
43 00
T w o Month*
(8 ** I.. 18 0 0 1Twelve Months <52 *• i .. 53 00
(The above terms fo r one month and upward are fo r standing cards.)

London A gen ts:

504,930,004

(G r a in -...

188,088.987)

C&oefct....

m i.m t)

Boaton......... .

P o r tla n d ...,

F ew York.............................
Boston....................................
FbllwielpWs........................
Baltimore..... ..........................
Chicago-— .......................... St. Lords.............................—
S ow Orleans............... .......

M43.MS.380
B S ,0 7 » ,m
i s ,7 2 e ,» 7 0

10,102,067
7S.719,988
14.870.01-J
8.8*8.793

*ei4,oo9 , » m
89,899,288
74,313,801
14.793.418
93J189.000
41.646,931
7,984.441

84d,9er
m ,4 1

Total New E»#l*nd.,
Philadelphia....... .

m t u b a r i f . .. . . . . . . . . . . . .
Baltimore.. . . . . . . . . . . . .
B u ff a l o ........ . . . . . . . . . . .

U .V ' I.XV

Bommtm*

I

Waahloffton..*.. . . . . . . . .

tmem*#..,..............

6i;<.izt

Um.Hvi

V55 710

J ffi

028 04!. - I S 4
118.710,2*3 * —18 7 " »3,tXhC»18
78,998,-M#

-2 3 9

ia.4US.H7!

-1 0 3
—34 7

u.or. in c -Si-4
ls.4SS.7W: —25 8

f M

I

P t f Cent.

C h ica g o ..,,.

03.KW.0S7i

M ilw aukee....... .
D e tr o it ...------. . . .

■ S S '

Ctnetonau*.

i.xtijm

1,472.100

m&M-

363.304
809,529

-aeo
-4 8 9
-33-8
-2 0 2
-20-1
-31-2
+ 10 8

1889,487.f 98
127,684,817

•923,728,310
170,416,298

-2 7 9
-25-1

Total all cltle*. S days ...
AU cities. 1 day.....................

*799,191^18
1*8,878.923

•1,093,142,808
222,032399

-47-5
-2 8 8

•8*1,970.768

•1.319,775,807

—27*7

The fall details of clearings for the week covered by the
We cannot, of
course, furnish them to-day, bank clearings being made up by
the various clearing houses at noon on Saturday, and hence in
the above the last twenty-four hours of the week bave to be
above statement will be given next Saturday.

in all cases estimated, as we go to press Friday night.

We give below our usual detailed figures for the p re v io u s
week, covering the returns for the period ending with Saturdav oo-n, October *3!, as well as the comparative totals in
1692. The aggregate exchanges show a gain of about thirtyone and a-balf million dollars over the previous w e e k , the
increase at NVw York bring twenty millions. Contrasted wi b
the corresponding period of 1892, all but thirteen of the cities
record losses, and in the aggregate for the whole country
there is a decrease of 21*3 per cent. The most important per­
centages of decrease this week have been at Birmingham, 77
per rent; Spokane. 71*9 ; Chattanooga, 61 8 ; Nashville, 01*7,
and Sioux City, 61*1 per cent. The heaviest gains are r e c o r d e d
at Waco, 70-8 per cent: Galveston. 31*8 j Houston, 83*7, and
Savannah, 30 per cent.

8. *8

1,017,9m

iff*

-2IV3
-U ’O

1.406.051

-28*9
-29-3
-20M

sa si
a a a
«
113,626

u .m ,ti3

t,»UU,0W»

wm

spofcane, _ . . . .

im .oii

iwjifo

T u tsi PlMSiBO..................

U S ?1

S.SM7.1M!
6.S41.8IW

stows ran*......

SSa&5SS»:*,=:::::::.

- K i :i

5t,

oS’.Wi 3 1
-KM 5
*72,100
t T S ^ ao !
"89,040.351

8in«hamtom...
Total Middle....

Fall**......

Seven dtle*, $ day* . . . .
Other clue*. S day*................

Total ail clue* for week

—24*8

4-12*9

C SS
—14*3

172,821

270,818

l;i8.’ *i4

Total Middle W*.tarn

ir«* *«td4o» o*m*r m
189S.

1,307.001

..

The following tabic, made op by telegraph, etc., indicates isn Franei*oo..........
Portland,............................
that the total bank clearings of all the clearing houses of the Salt Lsks CUT*.......... .
United States for the week ending to-day, October 38, have
been $951,570.769, again-t $938,125,118 last week and $1.- Lo* A Errol#«..
H elena 4 . . . . .
813,775,507 the corresponding week last year.

1SW.

m

U4.1>

C L E A R IN G HOUSE RETURN S.

_S3A

m g

1.121.4
**..

Fall Riser.......... .

«

481,010,221

4.020 7 * .
1.400.6*7

New l i a r .

3p:ria*fi0M
Worcester..

«7S,807,»78

Cg

WetJt E n i ’a Oct. 1 1 .

P, Cem.

U K

Providence........
Hartford.

Clereland.... ....
Messrs. E d w a r d * & U m B , 1 Drapers* (Jardens, JS. C.. will take sub­ C oium t>u».......... .
scriptions and advertisem ents, and supply single copies o f the paper In d ia n a p o lis ......
P e o n a ,. . . . . . . . . .
at Is. e a e i,
Grand R a p id * ....,
w n .L U .it n DATA ( W I L L I , *71 B . B A M Ac C o ., P u b l i s h e r * , fseximrtoo...........
'
•
10* William Street, NEW A i.ltK.
Saginaw ,. ........
io h h o . r t o r n ,
/
p o s t O rrtcx B o x 95S.
A k r o u t . . . . . . ....................
id, O ............. ... . .
gprtoicfl«id,0..........

lU turra t » T tU e n p K

1892.

New Y o r k .,
Sale* of—

W litn in ^ too......................

Terms of Advertising—{Per inch space).

CMtABtsOa

NO. 1479.

120,862,047

—2*4*0

-22*8

14.043.422
2,460,145

-7-5
-46'0

15.000,<
1,33?,0S8

037,503

4 'S

400662

l,*13,02S

-4-8 e

+14-0

473.030
725.947

927,270

- 7 i :0

iiV.849

-1 8 * 5

18,102.023

-1 0 9
—37-4

9,230,798

602.145

-61*1

m .ne

10,639,584

20.423,407

Kansas C i t y . . . . . . . . . . . . . .
M lnneapoU i.................

-3 1 * 8

P a u l..,..--,

seer........

D u l u t h .. ,. ..............

w

ifo u J a t? :::;;:;'* * "* '* *
D«* Mnloea.....

402,841

wfchftaV.V.V.V.V
T o p e k a .. . . . . . . .

Fremont.......................
HmcfcinaooA ............
Bpiinirfleltl. Mo.+
Hastings*__ ....
Total Other Weatern..
8t. L o u ! * . . . . . . , .

New Or!a
LoulsTiite........

OaiTWton........
H ou ston -----. . . . . .

Richmond......................
NasheUie....... ...............

Savannah .
M emphis .
A tlan ta ...
N o rfo lk ..
Daili
_ _ ia a ............
W a c o .- . ,. .. .. .
f o r t W o r th .,

l&jrh&m.

acksonrille.
Total Southern ..s...

!? ) :i
ua,a:8
46,271,160 '

20,407,877
10.743.3*24
5,642.856
4.769,170
4.140,027
2,0H.3»f>
734,473
4,144.950
1,002,58 i\
1.327,451
1,121.3671

lion
* JSDtlnclailsii latotAl*.

-21*8

I-M

.ir :
k#ui
f-16U
!—
77D

i,<x,o.ny
1,4 *.8,109
552,493

125.23^|
170.9 9
261.921

-618

-1 1 8

00,319,101 "

3.714 0o8
2,170.910
666110
3,682.013
1,401.3'#
1.3*0.336
1,075,490
913,196

1489,757
540,78--

8^.1

2o0,»27
58.01 7,217

-10*1
-1 7 6

P28J25.116 1,178.180,651

—2 1 2

896.604-107

-2 3 9

502,178.673

—15*7

412,04 *.08 j

"™
—2**5

13,896 2

T o ta l Canada. ...

-3 5 *0
•f 17‘9

"jl.WM
s8.9M.8iS * -33*1

86,337

33.974336

31!
S i

m

l8A 58i80 — 6*1
♦ PbttlloMloa dljaoatmasJtor tna praaaut,

-9*4

-rs
—10-7

‘THE

700

CHRONICLE.

[V ol . L V II

given by those in opposition, and either to-day or M on­
day the voting is expected to begin on the amendments
and to end soon after in an absolute repeal of the pur­
S e e p a g e s 7 3 3 , 7 3 4 , 7 3 5 , 7 3 6 , 7 3 7 a n d 7 3 8 for our chasing clause of the 1890 silver law.
These movements and transactions, attended in quick
State and City Department.
succession
by such fears and such hopes as they would
A ll advertisements with relation to State and City Bonds
naturally
arouse,
and all compressed into one short
will likewise be found on the same and following pages.
week, have left the public in a kind of dazed state. A
large class of conservative men refuse to believe that
TH E F IN A N C IA L S IT U A TIO N .
the law is to be repealed, and no doubt will continue
A
It is not often that such marked contrasts are to be to withhold belief until the vote is recorded.
found in the events of a few days as have controlled consummation so long and so devoutly wished for,
affairs this week. The first occurrence was the sudden involving a change to our industries from con­
announcement of a compromise measure on Saturday last fusion to order and from instability to stability in
as a substitute for the absolute repeal bill at Washing­ the character of our currency and of values, and hence
ton. T o be sure rumors of such a method of settle­ so full of promise to the country, cannot be heartily
ment had long been current, but on that day they ap­ accepted until it is actually accomplished. Wall Street
peared to have taken shape in a bill which was reported is of course the most sensitive point and is as usual try­
The change in the
to have received the support of the Administration and ing to discount com ing events.
within two of a majority of the Senators. It would be situation there has been complete. Even on Saturday,
difficult to express the feeling o f disappointment which as soon as the terms of compromise became fully
the news produced here. N o compromise could have known in Washington, the Stock Exchange had the
satisfied the public after the contest that has been bad, rumor that the measure was causing dissensions and
for that act would virtually be a surrender of the weakness among the opponents to repeal. On Monday
governing power into the hands o f the minority. these rumors increased and on Tuesday .announcements
JBut aside from that, every condition of the were made in the Senate to the effect that there would
measure agreed upon was objectionable.
Its main be no more “ filibustering,” but that a vote would be
features were that it continued the present law in force permitted as soon as the few last words the silver men
to October 1, 1894, and directed the coinage of the desired to utter to complete the record of their opposi­
The Stock Exchange never have
silver bullion in the Treasury including what has been tion had been said.
called the “ seigniorage.” In other words it proposed any half and half views. In this case apparently not a
to prolong the industrial depression another eleven single doubt since last Saturday has existed there as to
months inducing consequences no one could definitely the final result. Hence the rise in values; and if abso­
forecast, to add very many millions more, to the stock lute repeal is assured, it is a rise that is fully justified
of silver currency, and likewise to have Congress com ­ for the better properties.
What has been transpiring at Washington and the
mit a breach of faith by authorizing the coinage of the
silver bullion in the Treasury which by implication hopes the good news have encouraged, have likewise
stands as security against the bullion notes— a trans­ affected all departments o f commerce. With reference
action consequently of much the same character as, and to foreign exchange we said last week that “ as soon
not a whit more creditable than, “ clipping the coin of as the 1890 silver bill is repealed, or as soon as repeal
is assured, rates will drop to the gold-importing point.”
the realm.”
This compromise measure had a very brief career. That has now not only become true, but the first
President Cleveland, as soon as it came to his notice, engagement of gold at London for New Y ork has
repudiated it for himself and Secretary Carlisle, reiter­ been made and will be shipped to-day. Go wherever
ating his adherence to absolute repeal and willingness one may now, hardly a market can be found in which
to accept nothing short of that. As a consequence the a spirit of unusual confidence and exhilaration is not
existence of the proposed device which had such a v ig ­ evident and some little increased movement of mer­
Money too has felt the
orous start was quickly cut short.
Its epitaph, if chandise is not reported also.
Time money is cheaper, and second-class se­
written in full, would read— born Saturday, struggled change.
through Sunday, and died Monday. Strange to say, curities are easier to place; commercial paper also passes
though, after its death it developed a kind of energy much more freely, banks and money-lenders generally
it was not intended and not supposed to have— an ex­ accepting the logic of events, that the credit of every
hibition of power somewhat after the character of a man in business and o f every honestly managed prop­
boomerang, for it fell with marvelous effect among the erty dealt in on W all Street or elsewhere will be im ­
crowd that gave it the first impulse. So it happened proved, because general prosperity will be increased by
that instead of proving of use in furtherance o f limited the passage of the bill for the absolute repeal of the
repeal, it became an active agent for absolute repeal. 1890 silver law.
Call money this week has shown no change. Bankers’
The silver State representatives described the com pro­
mise as giving away their whole case. They were for balances have loaned at 2^ and at 1 per cent, averaging
per cent; renewals have been made at 2 per cent,
free silver, and in the absence of that the continuance of
the present la w ; but if the present law must be and banks and trust companies quote 3 per cent as the
repealed, abs lute repeal was for their purposes better minimum, while some obtain 4 per cent. The market
than the expedient offered, because, as they claimed, is abundantly supplied. Tim e money is offered freely
“ striking down silver” would defer instead of restore by foreign bankers and by local and out-of-town insti­
prosperity, and by next fall the sentiment of the country tutions, but our city banks do not appear to be in the
would again be in favor of silver. The result therefore market. The demand is small, although lenders now
of the compromise movement upon the organization generally accept freely medium grades of securities, for­
against repeal in the Senate, has been to break it up com­ eign bankers, however, stipulating for first class. Rates
per cent for thirty day?, 4 per cent for sixty
pletely. As a consequence consent to a vote has been are
THE

STATE

CITY D E f AftTWEflT,

2

October

26, 1893.]

THE

701

CHROM CLE.

d a y s, 44 p er c o a t for n in e ty d ay s, a n d 5 p er c e n t fo r
lo n g e r d a tes on g o o d to g o o d m ix ed c o lla te ra l. C o m ­
m ercial paper is in g o o d d em a n d fro m o u t-o f-to w n a n d
a la rg e b u sin ess h as b een d o n e in i t th is w e e k , la rg er
e v en th a n a t a n y tim e sin c e la st sp rin g , a n d th e b u y in g
ia su fficien t to absorb th e su p p ly a n d p r e r e n t a c c u m u ­
la tio n s. T h ere are a few c ity in s titu tio n s , o th er th a n
h a n k s, in th e m a rk et, b u t th e c ity b an k s seem to c o n ­
fin e th e ir a tte n tio n to d is c o u n tin g for th e ir reg u la r
c u sto m er s an d th e y do n o t seek p a p er in th e m ark et.
T h e offerin g s o f p rim e n a m e 3 are n o t o v er a b u n d a n t, as
t h e d u ll trad e restric ts th e m a k in g o f p ap er a n d lim its
th e w a n ts o f m e r ch a n ts. Q u o ta tio n s fo r p a p er are 51
p er c e n t fo r s ix ty to n in e ty -d a y en d o rsed b ills r e c e iv ­
a b le, 5 | to 64 p er c e n t fo r fo u r m o n th s c o m m issio n
h o u se n a m es, an d li to " p er c e n t fo r g o o d sin g le
n a m es h a v in g fro m fo u r to s ix m o n th s to ru n . C an ­
c e lla tio n s o f C le a rin g H o u se c e rtific a tes th is w eek h a v e
b e e n # 1 ,2 5 5 ,0 0 0 , r e d u c in g th e a m o u n t o u ts ta n d in g to
4 1 ,5 2 5 ,0 0 0 . T h e e x p e c ta tio n n ow is th a t a ll th e cer­
tific a tes w ill be re tir e d b y O cto b er 3 1 .
T h e r e h av e been n o fe a tu re s o f sp ecia l im p o r ta n ce
in E u ro p e th is w eek . S tiv e r in L o n d o n h a s d e c lin e d
fr a c tio n a lly , assu m ed to b e b eca u se o f th e p ro sp ect fo r
th e rep eal o f o u r p u rch a se law . T h e fe s tiv itie s a tte n d ­
a n t u p o n th e e n te r ta in m e n t o f th e R u ssian s by th e
French h av e been tra n sferred fr o m P a ris to .M arseilles,
audit is ex p ected th a t w ith th e d ep a rtu re o f th e R u ssia n
fleet fro m F r e n c h w aters w ill co m e th e a n n o u n c e m e n t
o f th e a llia n c e b etw een F ran ce an d R u ssia . T h e B a n k
o f E n g la n d m in im u m ra te o f d isc o u n t rem a in s u n ­
c h a n g e d a t 3 p er c e n t. T h e op en m a rk et d isc o u n t rate
a d v a n ced th is w eek , c o n cu rr en tly w ith th e fa ll in e x ­
c h a n g e in th i3 c ity , a n d th ere ap p ears to be an e x p e c ta ­
tio n th a t g o ld w ill so o n be w ith d r a w n in large a m o u n ts
fro m L o n d o n fo r sh ip m e n t to th is c ity . A s is u su ally
th e ca se, th e p ric e o f A m e rica n g o ld h as b een a d v a n ce d
b y th e B a n k of E n g la n d . T h e ca b le rep orts d isco u n ts
o f s ix ty to n in e ty d ay h a n k b ills in L o n d o n 2 | to 2$
p er c e n t. T h e op en m a rk et rate a t P aris is 24 per
c e n t; a t B erlin it is - i f per c e n t, an d a t Frankfort -id
p er c e n t. A c c o r d in g to o a r sp e c ia l ca b le from L o n d o n
th e B a n k o f E n g la n d g a in e d £ 6 7 ,1 3 5 b u llio n d u r in g
th e w eek an d h eld a t th e clo se £46,501,774. Our c o r ­
resp o n d en t fu r th e r a d v ise s us th a t th e g a in w as d u e to
an im p o rt o f £ 5 0 0 ,0 0 0 w h o lly from A u str a lia , to r e ­
c e ip ts from th e in te r io r o f G reat B rita in o f £ 3 2 0 ,0 0 0 ,
a n d to ex p o rts o f £ 7 3 3 ,0 0 0 , o f w h ic h £ 4 4 3 ,0 0 0 w ere to
H o lla n d , £ 1 0 0 ,0 0 0 to A u stra lia , £ 1 0 0 ,0 0 0 to E g y p t,
a n d £ 8 5 ,0 0 0 to o th er C o n tin en ta l p orts.
F o reig n ex c h a n g e has b een low er th is w eek , in flu ­
e n c e d by a lib era l su p p ly o f co m m ercia l b ills d raw n
a g a in st c o tto n a n d so m e b re a d stu ffs, b u t c h ie fly b y th e
o u tlo o k fo r th e sp eed y p a ssa g e o f th e rep eal b ill
w h ic h in d u c e d h o ld ers o f d ra fts w h o h ad b een r e ta in ­
in g th em , in v iew o f th e p o ssib ility o f fu r th e r d ela y by
th e S e n a te , to offer th em u p o n th e m a rk et. T h e
d em a n d w as o n ly fa ir at th e tim e , a n d c o n se q u e n tly
rates fe ll sh arp ly on W ed n esd a y , w h en sa les o f sh o rt
ste r lin g w ere m ad e a t figu res b elo w th e g o ld
im p o r tin g p o in t.
O n T h n r d a y m o r n in g th e
m a rk et b ecam e stea d ier , sh o rt h a v in g b een a ffected by
dearer d isc o u n ts in L o n d o n , a n d th ere w as a d em a n d
to rem it for sto ck s sold for E u ro p ea n a c c o u n t, n ot
a lo n e by th e arb itrage h o u ses b u t by in v e sto r s an d
sp ecu la to rs w h o d esired to t» k e th e p ro fits o f th e sh arp
a d v a n ce in th e sto ck m a rk et. T h is s e llin g o f sto c k s
was q u ite large on W ed n esd a y a n d T h u r sd a y , an d th ere
w ere in d ic a tio n s th a t a c o n sid e ra b le p ro p o rtio n w as

b e in g r e m itte d fo r. I n th e a fte r n o o n th e m a r k e t g r e w
ea sier, an d y e ste r d a y L o n d o n b o u g h t sto c k s an d ra tes
w ere off a g a in . L a za rd F r er es o n T h u r sd a y en gaged .
$ 3 0 0 ,0 0 0 g o ld in L o n d o n fo r sh ip m e n t to (slew Y o r k ,
th e first m o v e m e n t s in c e e x c h a n g e r e su m e d its n o r m a l
c o n d itio n . T h e fo llo w in g ta b le sh o w s th e c h a n g e s in.
ra tes o f e x c h a n g e b y th e le a d in g d raw ers.
Fri.
O ct. 20.
B row n B r o s .. . . |

| §§

M on.,
T ugs.
O ct. 28. O ct. 24.

W ed.,
O ct. 25.
S i-2
84-5

8 8 -S «
s » -n l

m

83
83

S3
85

Bank British
(6 6 d a y s .. i
Ho. Am erica^ ! Bight, . , . , i 8 >

S3
85

S3
85

8 ^ -2

Bank o f
5
days . , 4 SUM
M ontreal____ 1 S ig h t..... 4 8 5 *

m*4

m

Barinsr,
(6 0 d a y s .. 4 S3
M anana & Co. f Sigh t ..... 4 85

Canadian Bank j 65 d a y s ..
o f C om m erce. 1S igh t... . .

F ri..
O ct. 27.

85

m
SV4
m
sm
1 1 ^ -5

4 S3
4 85

£

S

£

Ite i•!elimeh J c k - $ m d a y # .. 4 83
ctlic-imer * Co t Sk:ht~.... 4 85

£

88
83

m n -z

82

8 2 -m

SIM
84 !4

}fg

£

m

S 3 *
82
85
t !«
84
SS

82
ifw
8U 4
iMSa

li

T h e m a rk et clo sed w ea k a t 4 81 to 4 82 fo r 6 0 -d a y
a n d 4 84 to 4 83 fo r s ig h t. R a tes for a c tu a l b u sin ess
w ere 4 801 to 4 80 $ for lo n g ; 4 8 3 $ @ 4 83 4 fo r s h o r t ;
4 83 $ to 4 8 4 fo r ca b le tra n sfers ; 4 79$ to 4 80 fo r
p rim e a n d 4 79$ to 4 7 9 4 for d o c u m e n ta r y c o m m e r c ia l
b ills.
T h e P e n n sy lv a n ia R a ilro a d in its S e p te m b e r r e tu r n
o f ea rn in g s issu ed th is w eek sh o w s very c le a rly th e
effects o f th e g r e a t d ep ressio n in b u sin ess th a t p r e v a ile d
d u r in g th e m o n th in q u e stio n , a n d e sp e c ia lly th e d e ­
p ression in th e iron in d u str y , w h ich ap p ears to h a v e
su ffered b ey o n d a ll o th e r in d u str ie s an d in w h o se c o n ­
d itio n th e P e n n s y lv a n ia h a s su ch a g r ea t in te r e st. T h e
P en n sy lv a n ia lin e s g r id ir o n th e la r g est iro n p r o d u c in g
sectio n s o f th e c o u n tr y , and th e w h o lesa le g o in g o n t o f
b la st o f fu rn a ces an d th e g e n era l s h u ttin g d ow n o f iro n
an d steel m a n u fa c tu r in g co n cer n s, m ean s a very g r e a t
loss o f traffic to th e road , b o th d ir e c t an d in d ir e c t— th e
fa llin g off, fo r in s ta n c e , in th o sh ip m e n ts o f coal a n d
c o k e , of w h ich th e road is su ch a la rg e ca rrier, w o u ld
in itse lf be au R em o f trem e n d o u s im p o rta n ce. T h e
tru n k lin es fu r th e r n o r th h a v e a g r e a t a d v a n ta g e o v er
th e P e n n sy lv a n ia in th is re sp e ct, s in c e th o iro n in d u s­
tries b ein g o f sm a ller co n se q u en c e in th eir terr ito ry
th ey are a ffected to a m u ch less e x te n t by th e c o m p le te
p ro stra tio n o f th o se in d u str ie s an d th e c o n se q u en t lo s s
o f traffic from th a t ca u se.
O n th e so -ca lled lin e s ca st o f P ittsb u r g an d E r ie , t h e
P en n sy lv a n ia su ffered a d ec rea se in g ro ss e a rn in g s d u r­
in g S ep te m b er, 1 8 9 3 , as co m p a red w ith th o sam e m onth,
la st year, o f o v er sev en h u n d red th o u sa n d d o lla rs
($ 7 0 3 ,5 1 4 ), a n d o n th e lin e s w est o f P itts b u r g a n d
E r ie a fu rth er d ecrea se o f $ 4 1 1 ,6 2 7 , m a k in g to g e th e r a
loss o f * 1 ,1 1 5 ,1 4 1 , w h ic h ap p ears th e m ore s tr ik in g
w h en it is co n sid e red th a t th e sy ste m m u st h a v e d e ­
riv ed a g o o d d eal o f ex tr a traffic in its p a ssen g er d e ­
p a r tm e n t o n a c c o u n t o f th e C o lu m b ia n E x p o s itio n a t
C h ica g o . O n e is a p t, h o w ev e r, to g e t an e x a g g e r a te d ,
id ea o f th e e x te n t o f th e lo ss if o n e ju d g e s so lely by its
size. T h e P e n n sy lv a n ia is a sy ste m o f la rg e m a g n itu d e ,
an d ch a n g es in its e a rn in g s u n d e r a n y g r ea t e v e n t or
o ccu rren ce are c o n se q u e n tly c f c o rresp o n d in g m a g n i­
tu d e. T h e ra tio o f loss w ill fu r n ish a b ette r g u id e .
T a k in g th e lin e s ea st o f P ittsb u r g for th e p u rp ose o f
co m p arison , w e fin d th a t th e lo ss o f * 7 0 3 ,5 1 4
is eq u al to a d e c lin e o f 11*54 p er c e n t, w h ic h w h ila
large d oes n o t lo o k q u ite so fo rm id a b le. T h e P e n n ­
sy lv a n ia , as w e h a v e aeon, i 3 e sp e c ia lly a ffected b y th e
d ep ressio n in th e iro n tra d e. T h e c o m p ila tio n o f
gross ea rn in g s fo r S ep te m b er w h ic h w e g a v e in o u r
issu e o f O ctob er 14, sh ow ed th a t o n 13 1 roads o p e r a tin g
9 6 ,6 8 9 m iles th e loss av era g ed 9*77 Der c e n t

THE

702

CHRONICLE.

A u g u s t th e lo ss o n th e P e n n sy lv a n ia lin e s e a st o f P itt s ­
b u r g w as $ 7 5 4 ,6 3 0 , or 1 2 - 1 2 p er c e n t. T h e ra ilroad s
a s a w h o le sh o w e d a d ecrea se in th a t m o n th o f over
13 p er c e n t. T h e r e w ere m ore fu r n a c e s o u t o f b la st in
S e p te m b e r th a n in A u g u st.
I n th e n e t r e su lts, th e road m a k es a d e c id e d ly bettersh o w in g , a n d th ere is g r e a t im p r o v e m e n t as co m p a red
w ith th e e x h ib it fo r A u g u st. I n fa c t, th e lo ss in n e t
is c o m p a ra tiv e ly sm a ll— o n ly $ 1 0 5 ,4 0 4 o n th e E a ste r n
lin e s a n d $ 5 6 ,3 9 1 o n th e W e ster n lin e s, or $ 1 6 1 ,7 9 5 to ­
g e th e r . I n o th er w o rd s, u n d e r th e fa llin g off in tr a f­
fic th e co m p a n y w as ab le to effect a n im p o r ta n t savingin e x p en ses, th e d ecrea se in ex p en ses on th e E a stern
lin e s h a v in g b een $ 5 9 8 ,1 1 0 a n d o n th e W e ster n lin e s
$ 3 5 5 ,2 3 6 , or n ea rly a m illio n d o lla rs to g e th e r . A n ­
o th e r fa c t is w o rth n o tin g ; fo r th e y ea r to d a te , n o t ­
w ith s ta n d in g th e lo sses in r e c e n t m o n th s, th e co m p a n y
is o n ly s lig h tly b e h in d in e ith e r g ro ss or n e t. T h u s
fo r th e n in e m o n th s th e lo ss o n th e E a ste r n lin e s is o n ly
$ 2 9 4 ,8 0 4 in g ro ss a n d $ 4 0 4 ,9 2 3 in n e t, a n d o n th e
W e ste r n lin e s $ 2 5 4 ,1 7 0 in gross a n d $ 2 2 3 ,3 9 6 in n et.
T h e fo llo w in g fu r n ish e s a co m p a riso n o f th e g ro ss an d
n e t ea r n in g s o f th e E a ste r n lin e s fo r a n u m b e r o f years
p a st.
L in e s e a s t op
P it t s b u r g .

September.
G ross earnings.......
O perat’g exp en ses.
N et e a rn in g s...

1893.

1892.

1891,

1890.

1889.

1888.

$
$
$
$
$
5,391,510 6,098,024 6,159,557 5,780,339 5,428,733
3,416,939 4,045,029 3,913,181 3,552,968* 3,448,905

$
5,285,427
3,329,985

1,947,591

1,955,442

2,052,995

2,240,376 2,227,371

1,979,828

J a n . 1 to Sept. 30.
G ross earn in gs....... 50,303,951 50,598,755 49,527,125 49,044,171 44,668,609 43,353,983
O perat’g expen ses. 36,180,283 36,070,164 34,016,072 34,193,060 29,790,1S0 28,960.947

[V ol . L v n ,

6 41 b y th e C h ica g o M ilw a u k e e & S t. P a u l fo r th e th ir d
w e ek o f th e m o n th m ay b e a scrib ed to th e h ea v y p a s­
sen g e r traffic to th e F a ir , b u t th e sa m e ex p la n a tio n w ill
h ard ly a p p ly in th e case o f th e 8 3 3 ,3 3 1 in cr ea se r e ­
p orted b y th e T ex a s & P a c ific or th e g a in o f $ 2 ,1 7 2 re ­
ported b y th e N o r fo lk & W e stern or th e g a in s rep o rted
by so m e o th e r road s; in a n u m b e r o f in sta n ces,,
h ow ever, th e g o o d re su lts are d ir e c tly a ttr ib u ta b le t o
th e F a ir , as fo r in sta n c e in th e ca se o f th e C h ica g o
& E a ste r n I llin o is , th e L o u is v ille N e w A lb a n y & C h i­
ca g o , etc . A s in d ic a tin g w h a t a d e c id e d c h a n g e for:
th e b e tte r h a s o ccu rred in r e c e n t w e ek s, w e m a y n o te
th a t fo r th e th ird w e ek o f O ctob er ou r p r e lim in a r y ta b le
o f ea r n in g s o n a n o th e r p a g e a c tu a lly sh o w s a.
sm a ll in cr ea se, w h ile fo r th e se c o n d w e ek o f O cto b er
th e r e w as a d ecrea se o f 4 -94 p er c e n t, fo r th e first w eek
a d ecrea se o f 6 -51 p er c e n t, fo r th e fo u r th w e ek o f S e p ­
tem b er a d ecrea se o f 1 0 -6 9 p er c e n t, fo r th e th ir d w e ek
o f S e p te m b er a d ecrea se o f 1 0 -3 7 p er c e n t, fo r th e se c ­
o n d w e e k o f S e p te m b e r a d ecrea se o f 1 1 -4 0 p e r c e n t,
fo r th e first w e e k a d ecrea se o f 1 4 -3 8 p er c e n t, a n d fo r
th e fo u r th w e e k o f A u g u s t a d ecrea se o f 17-02 p er c e n t . ,
T h e fo llo w in g s ta te m e n t, m a d e u p fr o m 'r e tu r n s c o l­
lec te d b y u s, sh o w s th e w e ek ’s r e c e ip ts a n d s h ip m e n ts
o f c u r ren cy a n d g o ld b y th e N e w Y o r k b a n k s.
Week Ending Oct. 27,1893.

Received by Shipped by
Net InteriorN . Y . Banks• JSF. Y . Banks■
Movement.
$9,843,000
1,812,000

$ 3 ,555,000 G ain $ 6 ,288,000
2 50 ,000 G ain. 1 ,5 6 2 ,0 0 0

T o t a l g o ld a n d le g a l te n d e r s ___ $ 1 1 ,655 ,00 0

$3,8H5,0O0iGain.$7,85O,O0O

G o l d .................... ................ ................. —

R e su lt w ith S u b -T rea su r y o p era tio n s.

N et e a r n in g s ... 11.323,668 14.528,591 15.181,053 14.851,111 14.878.429 14.396.036

L o w er ex p e n se s w h ic h are a fe a tu r e in th e r e tu r n o f
P e n n sy lv a n ia , are a lso a fe a tu r e in th e ca se o f th e re ­
tu r n s o f a g r e a t m a n y o th e r roads. I n n o t a fe w in ­
sta n c e s in d e e d th e r e d u c tio n in e x p en ses h a s b een
h e a v ie r th a n th e lo ss in gross ea r n in g s, th u s p r o d u c in g
a n a c tu a l g a in in n e t. T h e C h ica g o M ilw a u k e e &
S t. P a u l w h ile h a v in g lo s t $ 2 3 3 ,5 3 5 in g ro ss ea rn in g s,
rep o rts a g a in o f $ 4 ,6 3 5 in n e t, ex p e n se s h a v in g b een
r e d u c e d $ 2 3 8 ,1 7 0 . T h e C h esa p ea k e & O h io w ith a
d ecrea se o f $ 8 7 ,6 3 6 in g ro ss, h a s a n in cr ea se o f $ 1 6 ,2 9 0
in n e t. T h e N o r th e r n C e n tra l, o n e o f th e P e n n ­
sy lv a n ia lin e s n o t in c lu d e d in th e g e n e r a l sta te m e n t,
th o u g h h a v in g fa lle n $ 6 7 ,5 2 4 b eh in d In g ro ss h a s a g a in of
$ 4 ,5 1 4 in n e t. T h e L o u is v ille N e w A lb a n y & C h ica g o ,
w h ic h h a s p ro fited so la r g e ly b y th e W o rld ’s P a ir , h as
a d d e d $ 4 8 ,2 1 5 to its g ro ss ea r n in g s, w h ile r e d u c in g
e x p e n se s $ 2 6 ,1 3 8 , m a k in g a g a in in n e t o f $ 7 4 ,3 5 3 . T h e
Io w a C e n tra l h a s g ro ss o f $ 1 7 7 ,7 2 1 a g a in st $ 1 8 9 ,7 6 8 ,
b u t n e t o? $ 7 8 ,8 5 6 a g a in st IL L ,796 ; th e B u ffa lo R o ch es­
te r & P itts b u r g g ro ss o f $ 2 9 0 ,9 8 2 a g a in st $ 2 9 0 ,6 1 1 ,
a n d n e t o f $ 9 9 ,2 2 2 a g a in st $ 9 4 ,3 2 8 . O f c o u r se th e
r e tu r n s are n o t a ll o f th is d e sc r ip tio n . T h e C en tra l
o f N e w J e r se y h a s a d ecrea se o f $ 1 2 8 ,5 0 6 in g ro ss an d
a d ecrea se o f $ 7 2 ,0 6 8 in n e t, a n d th e S u m m it B ra n c h
a n d L y k e n s V a lle y o n th e ir m in in g b u sin ess a d ecrea se
o f $ 3 5 ,0 4 3 in g ro ss a n d a d ecrea se o f $ 3 4 ,7 0 4 in n et.
T h e W e ster n M aryla n d rep o rts gross o f $ 1 2 9 ,1 0 1
a g a in st $ 1 7 4 ,2 2 2 , a n d n e t o f $ 6 0 ,3 4 0 a g a in st $ 1 0 5 ,0 6 1 ;
th e A lle g h e n y V a lle y , gross o f $ 1 8 0 ,8 6 1 a g a in st $ 2 4 0 ,1 9 1 , a n d n e t o f $ 7 3 ,3 9 3 a g a in st $ 1 0 9 ,0 9 0 , an d th e
N o r fo lk S o u th e r n , gross 'o f $ 2 9 ,3 6 2 a g a in st $ 3 2 ,3 1 3 ,
a n d n e t o f $ 1 0 ,1 0 0 a g a in st $ 1 1 ,3 5 1 .
F o r th e w e ek s o f O ctob er th e r e tu r n s o f g ro ss ea rn ­
in g s are ste a d ily g r o w in g b etter . Q u ite a n u m b e r o f
ro ad s are b e g in n in g to rep o rt g a in s over la s t year, w h ile
th o s e th a t s till fa ll b eh in d sh o w m u c h sm a ller lo sses as
a r u le th a n in th e w e ek s p r e c e d in g . T h e g a in o f $ 8 8 ,-

Into
Banks.

Week ending Oct. 27, 1893.

O ut of
Banks.

B a n k s’ in te r io r m o v e m e n t, as a b o v e $11 ,655 ,00 0
19,300,000

Net Change in
Bank Holdings.

$ 3 ,805,000 G ain. $7 ,850,000
17,000,000 G a la , 2,300,000

T o t a l g o ld a n d le g a l t e n d e r s ....... $30 ,955 ,00 0 $ 2 0 ,8 9 5 ,0 0 0 G ain $10 150000

T h e fo llo w in g ta b le in d ic a te s th e a m o u n t o f b u llio n
in th e p r in c ip a l E u r o p e a n b a n k s.

E n gland ..........
P ra n ce ............
G erm an y ___
A u s t.-H u n g ’ y
N eth erlands..
Nat. B elgium
S p a i n . . .. .. .. . .

October 27, 1892.

October 26, 1893.

Bank of
Gold.

Silver.

Total.

Gold.

Silver.

Total.

£

£

£

£

£

50,598,577
9,719,500
16,222,000
6.867.000
1.348,333
6.431.000

26,561.774
118,699,366
38.878.000
26.898.000
9.567.000
4.045.000
14.349.000

24,970,421
67.003.000
32,846,250
10.730.000
3.167.000
3.046.000
7.611.000

51.187.000
10,948,750
16.909.000
6.992.000
1.523.000
5.023.000

24,970,421
118,190,000
43.795.000
27.639.000
10.159.000
4,569,000
12.634.000

26,561,774
68,100,789
29,158,500
10,674,000
2.700.000
2,698,667
7.918.000

T o t. th is w eek 147,809,730 91,186,410 238,996,140 149,373,671 92.532.750 241,956,421
T o t. p re v. w ’k 146,538.929 90,851,670 237.390,599 149.501,592 92.668.750 242,173,342'

A L L E G E D E X C E S S IV E R A T E S A N D ~ T E E
LN TE R -ST A TE COMMERCE COMMISSION.

W e r e fe rre d la st w e e k to a ca se w h ere a p e titio n o f
th e In te r -S ta te C o m m erce C o m m issio n to t h e co u rts
fo r a n e n fo r c e m e n t o f o n e o f its ord ers re g a r d in g ra tes
w as su sta in e d . I t w ill b e in te r e stin g to r e fe r to a n o th er
case, r e c e n tly d e c id e d , in v o lv in g a n im p o r ta n t p o in t,
w h ere a sim ila r p ra y er o f th e C o m m issio n w as d en ied .
T h e ca se la s t w e ek was th a t a g a in st th e T e x a s & P a c ific ,
a n d in v o lv e d th e q u e stio n o f in la n d r a il ch a rg e s o n
fo r e ig n a n d d o m e stic sh ip m e n ts o f fr e ig h t, Im p ort
traffic b e in g g r a n te d m u c h lo tver ra tes th a n d o m e stic
traffic. T h e r u lin g in th a t ease w as a g a in st th e road
b eca u se th e d e fe n d a n t ca rrier m a d e no a tte m p t t o
ju s tify th e d iffere n ce in ra tes b e tw e e n th e tw o cla sses
o f traffic, r e ly in g so le ly u p o n th e c o n te n tio n th a t th e
cir c u m sta n c e s a n d c o n d itio n s u n d e r w h ic h th e im p o r t
traffic w as ca rried w ere d iffere n t fr o m th o se a ffe c tin g
d o m e stic fr e ig h t, a n d h e n c e th a t it c o u ld ch a rg e as
m u c h less o n s u c h traffic as it ch o se. T h e C o u r t

O ctober 28, 1893.]

THE CHRONICLE.

703

found the difference so great (the case first came be­ should be taken that the lawful and necessary occupa­
fore the Circuit Court and then before the United tions of citizens are not unjustly burdened.” In brief
States Circuit Court of Appeals, the decision the Commission laid down the doctrine that rates should
beiDg adverse to the defendant in both instances) be reduced low enough, if possible, to leave a margin
a3 to be excessive, and in the absence of evi­ of profit to the producer.
dence to justify it refused to sanction it. In the As a general proposition, we think no one will be in­
case to which we now wish to direct attention, the car­ clined to take exception to this declaration. More­
rier made a vigorous defense of its rates, showed that over, it is the basis upon which railroad operations are
they were not excessive and that the order of the Com­ conducted—that i3 to say, the practice is to grade
mission reducing them was without justification, and charges in relation to the ability of the traffic to bear
not only achieved a victory over the Commission but them. The transportation business, in fact, could
received from the Court an unusually strong endorse­ hardly bo carried on on any other basis. If the charge
for any given article is such that the producer or ship­
ment of the rates complained of.
The case was that of the Inter-State Commerce Com­ per after paying it is left without a profit, the effect
mission against the New York Philadelphia &, Norfolk must quickly be to stop the shipment of such products
and three connecting roads, and involved the question and the loss of the traffic to the road—a result which
of rates on perishable articles of truck-farming from is to the benefit neither of the carrier nor the producer,
stations in Delaware, Maryland and the counties of the but to the detriment of both. When it is attempted,
eastern shore of Virginia, to Philadelphia, Jersey City however, to apply this principle, great care should be
and New York. The matter came up before the Com­ taken that in seeking to protect the producer no injury
mission on complaint of the Delaware State Grange of is done to the carrier. It is not just to proceed
the Patrons of Husbandry, and the Commission, after on the assumption that because the producer is not
hearing, upon pleadings and proofs, made a finding of making a profit, or claims that he is not making a profit,
facts to the effect that the rates charged by the de­ that therefore the road is maintaining rates too high
fendant companies were disproportionate to the value ami can without loss to itself reduce them; rather the
of the service rendered, and unnecessarily high, and assumption must be the other way, since the interests
issued a decree requiring reductions to the extent of of carrier ami producer being identical, it is unreason­
20 per cent on certain specified articles and a reduction able to suppose that the carrier would deliberately
of 25 per cent on certain other articles. This order maintain a scale of charges so high as to lose it the
the roads refused to comply with, but prayed for a re­ traffic, if it saw that lower charges would net a profit
hearing which, after argument, was denied, the Com­ to the shipper and still afford a fair return to itself.
mission insisting on its original decree. The reads From the nature of the question, every case whore it is
still refused to make the reductions, and thereupon the raised must be considered by itself and considered very
Commission brought its petition before the United carefully. The Inter-State Commission in the Phila­
■ States Circuit Court for the Eastern District of Vir­ delphia & Norfolk action, aa we shall see, obviously
ginia, praying the Court to carry into execution the made a mistake in the application of the principle.
Commission's decree.
The Circuit Court Judge in his opinion points out
The case attracts especial attention for two reasons : that the suit, though originally prosecuted against the
(1) because of the able and perfect defense which the Philadelphia & Norfolk and its three northern connect­
Philadelphia & Norfolk presented of its schedule of ing roads, is now directed solely against the Philadelphia
charges, and (2) because indirectly the issue involved a & Norfolk itself, the connecting roads having voluntarily
point of great and genera! importance. The transpor­ reduced their rates 10 per cent on the classes of traffic
tation of perishable freight is very expensive to the !] concerned. In its amended form the action involved
roads. It calk for a special service by the carrier, re­ mainly the question of rates on potatoes, the other
quiring quick movement, prompt delivery at destina­ articles which were the subject of controversy, more
tion, special fitting up of cars, their withdrawal from particularly peaches and berries, being shipped from the
other service, and their return empty on fast time, ail eastern shore of Virginia either only in very small quan*
of which involves extra and heavy expense, making titles or practically not at all. llowover, the argument
the cost of the transportation service to the carrier much as presented by the testimony covered the whole ground
greater than on ordinary freight—and this extra expense and embraced all the various articles considered in the
can only be met by charging higher rates. The Inter- original complaint. And this is proper, says the Judge,
State Commission in its ruling expressly admitted these because it is well to throw full lighten the subject, and
facts, but claimed that the higher rate for a special to test the opinion of the Commissioners in its full
service (we are quoting now from the syllabus of its effect and bearing.
decision) should bear a just relation to the value The Court quotes quite at length from the testimony
of the service to the traffic; that while a carrier should to 3how that the rates on the Philadelphia & Norfolk
be fully compensated, the public interests require that are much lower than on other roads engaged in the
the traffic should not be rendered valueless to the pro­ same kind of service. Wo have room for only a few
ducer if the charges have such an effect and can be illustrations—to give them all would take several col­
reasonably reduced; that the requirement of the statute umns of our space. Comparing with the rates in force
that all rates shall be reasonable and just, involves a on the Atlantic Coast Line, it is found that on berries
consideration of the commercial value of the traffic the Philadelphia & Norfolk charges TO cents per 100
and implies that rates should be so adjusted that pro­ lbs. for a distance of 227 miles, or 6T6 cents per ton
ducers of traffic as well as railroad corporations may mile, while the Atlantic Coast Lino for a similar dis­
cany on their pursuits successfully, if practicable for tance charges 88 cents, or 7*75 cents per ton mile; for
both and without injustice to the carrier. “ The pub- a distance of 280 miles the Philadelphia & Norfolk
lie good requires what is plainly the spirit of the law, charges 75 cents, the Coast Lino 93 cents; for a dis­
that the transportation interests are not alone to be con­ tance of 208 miles the one charges 60 cent3, the other
sidered, bnt that in the just exercise of -egulation, care 88 cents. On potatoes the defendant road ohargos 25

704

THE CHRONICLE.

*en tsfor a distance of 237 miles (2 ’10 cents per ton mile),
while the Atlantic Coast Line charges 25‘ G2 cent3 for a
distance o f 227 miles, or 2 -26 cents per ton mile.
Nor a distance of 326 miles (Cape Charles to
N ew Y ork) the defendant likewise charges only
25 cents, or 1'53 cents per ton mile, whereas for a dis­
tance of 307 miles from Warsaw to Washington me
A tlan tic Coast Line charges 28'125 cents, or 1-83 cents
per ton mile. On apples, and on peas and other vegeta­
bles, the Philadelphia & N orfolk charges 50 cents for the
307 miles from Bastville to Jersey City, while for the
307 miles from Warsaw to Washington the Atlantic
Coast Line charges 56 cents. Comparing with the
N orfolk & Western, while the Philadelphia & N orfolk
charges on potatoes 25 cents for 326 miles, the N orfolk
& Western charges for the same distance 34 cents, and
fo r various other distances there are like differences.
In the case of berries one instance is cited where the
charge on the N orfolk & Western is slightly less, but
this, says the Court, is by ordinary freight and the
N orfolk & Western is a very low-charging road. Com­
paring with some other lines, the Philadelphia & N or­
fo lk charges 60 cents for the 214 miles from Machipongo to Philadelphia, or 5-60 cents per ton mile, the
Jtaleigh & Gaston $1 15 for the 212 miles from Gaston
to Washington, or 10’85 cents per ton m ile;the Raleigh &
Augusta charges on berries for 312 miles $1 15, the Phil­
adelphia & N orfolk 75 cents; the Eastern Shore Steam­
boat Company charges for berries for its longest distance
o f 150 miles 60 cents, as against the Philadelphia & Nor­
fo lk ’ s charge of 75 cents for its longest distance of 326
miles, and water transportation is of course much
cheaper than rail transportation. It is also pointed out
that the complainants’ own witnesses testified that they
used to pay between 30 and 40 cents on a barrel of
potatoes to New Y ork by sailing vessel—-that this was
the regular charge paid by them long before the rail­
road was built or thought of, so that they paid for water
carriage pretty nearly the railroad’ s charge of 40 cents
a barrel. Comparison is also likewise made with various
other roads— the Illinois Central, the Central of New
Jersey, the Richmond & Danville, the Western Mary­
land, the Pennsylvania, etc., and the comparisons are
nearly all markedly favorable to the Philadelphia &
N orfolk .
But the defense did not rest its case here. It com ­
pared the rates on fruits and vegetables with its rates
on other classes of freight, the basis of comparison
being of course the car-load. As a result, it was found
that the road gets more, car for car, for iron and coal
than it floes for potatoes, and this notwithstanding
that the cost to the railroad o f the fast truck-train,
according to the evidence and also according to the
estimate of the Inter-State Commission, is double that
o f the longer slow train. It was also brought out that
the road receives less on potatoes than the Lehigh V al­
ley receives on coal, or the Seaboard & Roanoke on
lum ber or cotton, or the Raleigh & Gaston on lumber,
or the Cumberland Valley on grain. Testimony was
offered too to show that the rates on the Philadel­
phia & N orfolk’ s local business on the peninsula are
nnremunerative, that they afford no profit, that the
business is carried on with constant and uniform loss,
and furthermore that the reduction in rates ordered by
the Commission, if made, would cut down the revenues
o f the company without adding to the quantity of
potatoes that would be shipped.
T h e foregoing outline of the testimony and evidence
an the case is taken from the opinion of the Court, and

[VOL. LVIT.

we think every one will admit that the defendant road'
entirely justified its schedule of charges. The judgeregarded the argument as perfectly convincing, and said
that the petitioner, in reply to this array of facts, fur­
nished nothing but the testimony of a number of farm ­
ers on the subject, which had little bearing upon the
question at issue, and which was contradictory and
conflicting even a3 to the matters it spoke of. The
defendant company, he says, has proved that its charges
on perishable fruits and vegetables are lower than those
of the other lines of railroads running near and parallel
to its own line from points on or near the lower A t­
lantic seaboard to Washington, Baltimore, Philadelphia,
Jersey City and New Y ork — against which lines no
proceedings have been had. It has proved that in com ­
parison with the charges of railroads generally through­
out the country, its own charges are lower. It has
proved that its charges on perishable substances, if re ­
munerative at all, are so little so as to render their tradeundesirable.
It has proved that its rates are so low
as to produce a large deficit on profit and loss account
annually.
It has shown that its line is not more than
five to ten miles distant from water navigation on
either side of the Virginia peninsula, and that its rates
are lower than prevailed by water carriage before its
railroad was constructed.
I f despite these facts, the
Judge says, the farmers on this peninsula who now
ship their products to market by the railroad fail to
reap a profit, and often sustain a loss, as proved by
witnesses examined in behalf of the Commissioners, it
is neither logical nor fair to conclude that the defend­
ant’s charges are unjust or unreasonable.
The citizens of the Eastern peninsula, the Court de­
clares in conclusion, have probably greater facilities o f
short water transportation to the greatest markets of
the U nion than any other population in the U nited
States. It is in competition with this navigation on
either side of its line of railroad that the defendant
company has to contend for business, and the result o f
the competition has been to reduce its own freight
charges below those of all' other railroads on like
freights. “ Favored by nature and doubly favored by
these lower railroad charges, resulting from water com ­
petition, if the citizens of this peninsula are still unable
to secure a profit upon the sales of their vegetables, the
mi fortune cannot in truth or reason be ascribed to the
freight tariffs of the defendant company. I do not
know how a case could be made stronger than this de­
fendant has made this case against the Commissioners,
and I have no hesitation in dismissing the Commis­
sioners’ petition, and will so decree. ’

T H E N O R T H E R N P A C IF IC R E PO R T .
Though since the close of the fiscal year covered by the
present report of the Northern Pacific the company has
been placed in the hands o f receivers, who are now
managing the property, study of the report does not
reveal an altogether discouraging outlook. On the
contrary, after careful examination one is strongly
impressed with the idea that under a conservative
and efficient management and some readjustment of
fixed charges, this great property will have an assured
future before it.
It is true that recently the losses in earnings have
been exceedingly heavy, the company having, as was
pointed out by us last week, suffered a decrease in gross
of $811,319 in September, in addition to a decrease o f
$916,027 in August and a decrease of $698,860 in J u ly ,

October 28, 1893.}

THE CHH0N1CLE.

making together a falling off of nearly 2 | million dol­
lars—all since the close of the fiscal year. Bat, as is
known, this contraction of revenues has not been pecu­
liar to the Northern Pacific, but has been common
practically to the whole railroad system of the United
States, being the outgrowth of the troubles and trials
imposed upon this country by our silver experiments;
consequently it does not reflect special weakness in the
Northern Pacific property. For the same reason the
impairment of income cannot he regarded—at least in
its fall extent—as permanent, or as affording any criter­
ion of the actual earning capacity of the concern under
a removal of the cause which is responsible for the de­
rangement of the whole industrial situation of the
United States.
The losses on the Northern Pacific have been heavier
than on most other roads because the system is a large
one and because in addition to the general business de­
pression the road has also suffered from the sudden
stoppage of silver-mining, more particularly in Montana,
which is one of the largest silver-producing States in the
country, and where the company has no less than 1,303
miles of road. So far as the general situation is con­
cerned, that will improve very decidedly with the
repeal of the silver law, while as regards silver-mining,
quite a number of the mines have already resumed
under a reduction of wages, and the same cheapening
process will no doubt enable others to resume. A pe­
culiarity of the Coeur d’Alene mines in Northern Idaho,
in which State the Northern Pacific has 197 miles, is
perhaps also worth referring to. The Cu-ur d'Alene
ores are very rich in lead; that is, lead forms a more
important item in the product (silver and lead being
found in combination) than silver. As a result of the
wholesale stoppage of silver-mining in the various sil­
ver-producing States, the production of lead has recently
fallen off greatly, and this had the effect at one time of
causing a very decided advance in the value of lead,
Since then tho price lias receded somewhat, but still is
higher than in the early part of August, We have no
menus of knowing whether a permanent advance in
lead can be established; if it can, it would of course to
that extent operate to offset the decline in silver. We
mention tho matter here simply because owing to the
large percentage of lead in the CVar d’Alene ores the
question is of more importance in the ease of those
mines than in the case of the mines situated elsewhere.
In speaking of Northern Pacific affairs, we do not of
course overlook the fact that the road has been sub­
jected to new competition in tho opening of the Great
Northern extension to the Pacific Coast, and yet there
is good ground for the belief that the great losses of
revenue which tho system has sustained since tho close
of the fiscal year have followed mainly from the cir­
cumstances already mentioned. At all events it seems
best to leave these losses out of consideration as being,
in great measure at least, tho result of exceptional
conditions. Confining ourselves to the results for the
late year, the showing, as already said, is not altogether
discouraging. Including the operations of the Wiscon­
sin Centra], gross esirning3 in that year as compared
with the year preceding fell off $654,119 and net
earnings fell off nearly 1j million dollars—in ex#ct
figures, $1,181,908. The requirements for fixed charges
were considerably heavier than in the year preceding;
nevertheless, even under this falling off of $1,181,908
in net earnings there was a deficiency in meeting the
charges of only $889,256. Of course such a deficiency
can not be regarded as a matter of small moment, and

705

would in itself necessitate a readjustment of charges
under reorganization, entirely apart from the influence
and effect of the farther and exceptional losses sus­
tained in the current fiscal year; hut when it is con­
sidered that the total of these charges in the late year
(including sinking funds) amounted to as much as
$13,813,945, and that estimates of the probable de­
ficiency have run very high, the fact that the com­
pany should have come within $890,000 of meeting
this large aggregate of charges in a year of diminished
earnings must he regarded as showing a not unsatisfac­
tory state of things ; and this conclusion is emphasized
as we proceed further in our analysis.
It may be claimed that the result includes receipts
from land sales to the amount of over seven hundred
thousand dollars. True, but that item appears on
both sides of the account; that is, while it is included
under receipts as miscellaneous income, it is also in­
cluded among sinking fund payments under fixed
charges. In fact, while receipts from land sales were
$701,231, the aggregate payment to the sinking funds
for the twelve months on behalf of the parent company
and the branches reached $1,117,538, thus showing a
very important contribution to the sinking funds out
of earnings, which contribution of course forms part of
the deficiency reported. It is well to point out, too,
that the company spent $548,099 (against only $137,582 in the year preceding) for improvements, and
charged the same to maintenance of way and struc­
tures in ordinary operating expenses. With these
improvement outlays eliminated tho deficiency
for the twelve months would bo only $341,157 instead
of $889,256. Another important fact should not
from the lease of the Wisconsin Central, the Chicago
A Northern Pacific, Ac,, and also tho losses accruing
on the various branch and auxiliary lines. The report
before us does not state what was tho loss from the
operation of the Wisconsin Central and the Chicago
terminals, but calculations based on certain items in
the report lead us to think that the loss must have been
in tho neighborhood of $150,000. As is known, the
Wisconsin Contra! property has recently been turned
over to its owners at their request. As far as concerns
the branch roads, it teems likely that tho obligations
assumed on their behalf will likewise be readjusted
under reorganization in those cases where the charges
seem burdensome or excessive.
An element of strength in the operations of the
Northern Pacific is that the revenues arc based on com­
paratively low average rates. Taking the Northern
Pacific without the Wisconsin Central, freight earn­
ings in the late year were $16,809,458, against $17,197,703 in the year preceding, but the decrease fol­
lowed entirely from a decline in rates; as tho company
moved 4,105,712 tons and 1,308,243,494 tons one mile
in 1892-93, against only 3,930,970 tons and 1,227,797,409 ton miles in 1891-92, which of course is a fact-of
tho highest encouragement. Local and through freight
alike increased. In brief, tho company did more
work, but received less pay for it, the average per ton
per mile having been only 1 ’23 cents against l -40 cents.
For a system of say 4,500 miles of road, the most of it
running through sparsely-settled regions, an average of
less than 1 ( cents per ton mile must be regarded »
very low. The decline in the late year extends all
through the company’s traffic, that is both local and
through,and east-pound as well as west-hound. We notice
that on its east-bound through freight tho company

~t 06

THE CHRONICLE.

(VOL, L V Il.

received an average of but little over half a cent per promptly with the subject of the floating debt out­
ton per mile, namely fifty-three hundredths of a cent, standing at the date of their appointment, about
this comparing with sixty-two hundredths in the year $5,000,000, (this evidently referring to the balance
preceding. The average haul is not particularly long of the bills payable) and were given permission by
either, having been in the late year only 188 miles. the Court to issue that amount of receivers’ certificates,
On the local freight east bound the average was 1'20 “ to be used solely to redeem securities, which, when
cents against 1-26 cents. On west-bound freight the so redeemed, were to be held as a primary pledge and
averages are better, the traffic being different in kind; security for such receivers’ certificates.”
The land sales during the year were quite small,
on local west-bound the average was 1’ 79 cents, against
‘88, and on through west-bound 1-21 cents, against reaching only 280,571 acres, and the cancellations were
1-29. In the passenger department revenues were larger than in any previous year, namely 201,415
#5,639,128, against $6,006,670, and in this case there acres, owing to the financial depression. The com pany
was some falling off in traffic, the number of passen­ up to June 30 had earned 46,824,960 acres and sold
gers carried being 2,687,135, against 2,724,830, and 8,382,459 acres, leaving unsold no less than 38,442,501
the number one mile 214,455,590, against 222,758,224. acres. In any consideration of the value of the N orth ­
But here also there was a decline in rates, the average ern Pacific property, this great item of land unsold
per passenger per mile being 2 -63 cents, against 2 -70 should not be disregarded. It ensures a large annual
income from land sales and a steady development of
cents.
Another fact bearing upon the value of the property the territory tributary to the road.
is that road and equipment are admitted to be in excel­
lent condition. We stated above that expenses for the
C o n d i t io n o p N a t i o n a l B a n k s i n N e w Y o r k C i t y ,
late year included over half a million dollars applied to B r o o k l y n , A l b a n y , P u i l a d e l p h i a , B a l t i m o r e , W a s h i n g ­
improvements, and it will be remembered that the In­ t o n , L o u i s v i l l e a n d O m a h a . —Mr. J. H. Eckels, Comptroller
of the Currency, has furnished us abstracts of the condition of
vestigating Committee in their report last February
the national banks in a number of important cities at the
spoke in the highest terms of the physical condition of close of business on Tuesday, October 3. ■From them and
the property and of the way its business and accounts from previous reports we have prepared the following, which
covers the results for October 3 and July 12, 1693, and for
were conducted, saying that improvements had been purposes of comparison the figures for last year (September
made in every direction and a large proportion of the 30) are given :
J u l y 12,
S e p t . 30,
O c t. 3,
1S92.
1893.
1863.
cost charged to operating expenses. This is an import­ N E W Y O R I i C I T Y .
49
48
N u m b er.......................................................................
R esou rces—
ant point, for it shows that, unlike some other em­ L oan
s and discounts, in clu d ’g o v e r d r a ft s ..§281,320,166 §308,646,935 §344,513,019
37.322,307
38,393,471
Stocks, bonds, &e...................................................... 47,537.255
barrassed concerns, the property was not allowed to run D ue from banks and bankers............................. 27,544,568 32,490,974 34,733,776
11.404,859
11,390.790
B anking house, furn itu re and fix tu res........
11,444,323
down under the stress of financial needs. The criti­ Other
1,118,665
737,685
real estate and m ortgages o w n e d . . .
7 56,549
50,782,74-4
50,765,363
Gold coin and certificates......................
69,143,610
4,225,532
5,802,708
cisms of the Committee (and these criticisms, as will Silver coin and certificates................................. 6,559.424
21.711.077
40,561,245
Legal ten der notes and c e r tif’s o f d ep o sit.. 32,502,82 L
1,112,890
1,101.609
o f other ban k s................................................
1,468.723
be remembered, were very severe) were directed entirely BE ills
65,492,779
61,541,924
xch an ges for Clearing H o u se .........................
57,499,567
200.7U2
885,288
Current expenses and taxes p aid ....................
1,360,021
against the financial administration of the property,— Prem ium s on U . S. b o n d s..................................... 1,144.421
650,671
431,088
3,876,972
3.502.523
O ther resou rces..........................................................
4,249,877
the acquisition of unprofitable roads and the assump­
.§542,531,655 §538,037,745 §601,860,851
tion of burdensome obligations, &c. Should the prop­ L i a b i l i t i e s —
§51,250,000 §50.733.500 §19,650,000
Capital stock paid in .......................
, 60,317.995
58.353,720
56,896,960
erty be reorganized through foreclosure, the oppor­ Surplus and u ndivided profits..
. 15,842,382
6,492,795
5,785.828
244,073
230,591
339,981
Dividends u n p a id ...
tunity will of course offer to get rid of such of these Individual d ep osits..
. 249,606,107 246,736,851 276,8.’4,0?8
790.904
932,636
924,274
burdens as the new management may think it un­ Other deposits........
. 145.856.810 155.507.227 211,286.357
18,941.033
269,271
. 18,636,866
desirable to carry.
.§542,531,655 §538,037,745 §601,850,851
O c t . 3,
J u l y 12,
S e p t . 30.
As regards the company’s finances, the situation of
1893.
1893.
1892.
BROOKLYN.
v
5
course has been unfavorable for years, and is still un­ N am b e r.........................................................................
5
5
R esou rces—
§9.528,802 §10,516,418
favorable. The issue of collateral trust notes was in­ Loans and discounts, including overd rafts §9.149.755
3,084,941
2,934,409
2.850,014
Stocks, bouds, & c .....................................................
1,537,386
1,690,372
2,042,439
from reserve a ge n ts........................... .........
tended to relieve the company of the incubus of its Due
122.964
87,512
309,918
Due from banks and b ank ers...........................
175,879
174,885
174,2f*5
Banking house, furn itu re and fix tu r e s .. . .
floating debt, but unfortunately the financial dis­ Other
14,560
162,5? 0
140,285
real estate and m ortgages o w n e d ..
432,403
380,4
70
592,424
Gold coin and certificates...................................
314,627
306,329
366,981
turbances and the great loss of revenues interfered with Silver coin and certificates...............................
754.403
863,298
713,495
Legal tender n otes and certili. o f dep osit..
167,598
19S.142
223,136
the complete carrying out of the scheme. There were Bills o f other ban k s..............................................
908,042
1,033,668
1,163,454
Exchanges for C learin g-H ou se.......................
30,624
3,809
33,007
Current,
expenses
and
ta
x
es
p
a
id
..................
to' be $15,000,000 of these notes, and they were offered Prem ium s on U n ited States bonds..............
38,030
45,749
37,655
102,217
92,752
87,101
Other resou rces........................................................
to stockholders last June at 95 and accrued interest.
§17,478,996 §17,587,574 §18,521,478
The balance sheet shows that up to June 30 $6,000,000
L ia b ilitie s —
§1,352,000
§1,352.000
§1.352,000
Capital stock paid in .....................
2,5-19,571
2,448,072
2,613,099
and undivided profits..
o f the notes had been issued, but even after the sale of Surplus
479,751
505,171
572,851
Circulation ou tstan d in g.............
5.187
4,463
11,316
u n p aid .........................
this amount, the bills payable stood at over seven Dividends
13,661,869
12,004,475
12,647,531
Individual deposits.........................
100,786
101.686
106,861
Other deposits ...............................
m illion dollars ($7,068,268), while there were $4,393,- Due to banks and bank ers........
324,347
429,599
447,686
26,127
500,000
Other liabilities...............................
607 of accounts payable and $3,358,508 of interest,
§17.478.996 §17,567.574 §18,591.478
T o ta l........................................................................ §17,478.996
O cto b er 3,
J u l y 12.
S e p t . 30,
rentals and taxes accrued or due, giving an aggregate
1893.
1893.
1892.
ALBANY.
o f current liabilities of nearly fifteen million dol­ N u m b er........................................................................
6
6
6
R esou rces—
§8,724,436
lars.
Against these liabilities the company held Loans and discounts, in clu d ’g overd rafts. §7,743,960 §8,328,418
775,562
98v«,6v8
1,303.666
1,790,430
2.044,037
.
2,038,830
Due from reserve a g e n t s ......................... ...
$1,144,482 of -sh, $193,545 of bills receiva­
1,560,921
9:5 ,3 71
1,499,783
Due from banks and bankers .................
298.000
29\0o<
295,000
ble and $7,019,310 of accounts receivable, though Banking house, furn itu re and fixtu res..
23,803
21,166
2,603
655,790
646,797
75« 1,808
Gold coin and c ertificates...
no details are furnished regarding this latter item. Silver coin and certificates..
68,146
51,266
65.772
312,857
399.047
404,111
70.873
63,687
64,577
Since the close of the fiscal -year a number of important Bills o f other ban k s...........................
96,241
203.971
130,791
Exchanges for C le a r in g -H o u se ..
23,000
36,500
1 9 j 00
Premiums on U . S. b o n d s............
changes in the floating debt have evidently occurred. Other
82,140
58,946
55,814
resources..................................
Vice-President Williams, uniting under date of October
. §13,748,161 §14,182,279 *15,005,778
L ia b ilitie s —
..
§1,550.000
§1,5? 0.000
§1,550.000
19, states that there are now outstanding $10,275,000
1,515,779
1.521 36
1.496,525
Surplus and undivided profits.
268,560
515,6-0
258.900
o i the trust notes, which is $4,275,000 more than re­ Circulation ou tstan d in g...............
13,904
13.801
3,165
Dividends unp aid ...........................
6,S70,550
..
6.497,430
6,889,7 53
ported in the balance-sheet, $1,244,000 of the amount Other d ep osits...........................
40,031
50,000
46,000
3,855,? 23
3.617,889
4,766,208
Due to banks and bankers..
being held as collateral for loans and $101,000 being Other
250,000
291,' 36
lia b ilitie s .......................
§13,748,161 §14,182,279 §15,005,778
still in hand. He also states that the receivers dealt
Total.

1

THE CHRONICLE.

Octorbe 28, 1803.]
Oct. 8,
.......

h m m am i disootm ts, inclutTg overdrafts. 190.718.008

Stock**beads, A c ...........................

t m

D u s jM ta reserve agents. . . . .......................
D ae im m banks and b a n k ers.......... .
B tm M m borne., fu rn itu re and fix tu r e s —

1I 9 3 .
n

«$?:;?!

3.57 7,8 k5

2.8 ™ 851

Legal tender n otes and cert’fs o f d ep osit.

* ia n §

B ills o f o th e r hanks.........................................
E x ch an ges fa r O e a r in g -H o a te . . . . . . . . . . .
Current expenses and taxes p a id .. . . . . . . .
Prem ium s on U , 8. b on d s ....... ................. . . .
O th er resou rces..................................... .

11.838.125

15«

306,678
488.783

1,620.538

1,565,1*8

.» l « 0 J . S l ,m

l?v «*.»“>•>

O th er depoaita
....... .
...
D ue to banks and b a n k e rs... -......... . . . . . .
O ther l i a b i l i t i e s . .. .. ..
.......

19 U 1 5
22.143,9-8
6,285,000

« s u .s a «
k j 9 » .« W

T o ta l................................. - ...........................I100.1SI.SUJ

U M .0W .70e

Dividends' unpaid......................... .
3*.*86
Individual deposits....... ................. 84.0^8,010

1892.
41

T ill

5,484,590
103,161

10.366,532

774.272
459,112
L531,721

11*1,088.100 4 1 7 .V * i.9 ll

Capital M««k Will in.....................................
Surplus and undivided profits........ ............
C b S t a iQ D ou ts ta n d in g . . . . . . . . . . . . . . . . . . . .

6.01L890

Sept. 30,

|S4,515.532 $104,892,053
9.706,328
0,512.885
7.832.638
3,503.183
3.871,558

ill

O ther real estate an d m ortgages o w n e d ..

G old coin and certifica tes................. .
S liver coin and certificates — ............

iS fc r

-Tulu 12,

1893.
41

P H IL A D E L P H IA .
S t a r t e r . . . .................................. .

*2S,WS,wM

10,931.^15
3,007.510

118,897

JulylJ^-W L

ISA J . T O l O I t K .

Naas h er..

$33,134,635

L oan , ana a u c o o m a . Including o te r d r a lM .

Stocks, bonds, I t ..................................................

t jm jm

5.34 4.220

line from tetters* w est*........................ . . . .
Eiu-. from Par;*, ana banter*..----. . . . . . . . . . .

2,317,814
1,334.720

Banking h o a w , furniture ana a , t o r e * . ........
O ther real estate an a tnorttadls* o w n e d ...,
G o M c o m u n i M r tM e a t e * .:................... .

S

2 m ,m i

i,m k m

101.824
77,495
IS2,7M

t*r«B lW B *»o I' 9. hvStla
Outer resou rces.................
117.236^92

$47,871,544

$51,581,.

m

$13,^43^60

m Hxt'im—
m

ek paid so........... .
d undivided profits.,
i t m u u m m i # . .. , ,
«& **
® *95 W T
t«W *

« t a u ..................
thqxwit*........ .
m i l * . . . . ....

t a i o
V « £ .f 8 3
U I.V 4U

170.951

»*.

u t js m j m
C k trX m

it.

a ttic s ,.............. .

5.-7*7.743
L U *.rt*5
*&«<«»j « a
157,518

M i d ,750
IO j,000

8M kW 9

.......... .

^ W A J j H sit*
J tS
a tO
, *d* *...t. .
and.
t aN
nk

We have received this week from the Collector of Customs
at San Francisco the details of imports and exports o f gold
and silver through that port for the month of September, and
we give them below, in conjunction with the figures for pre­
ceding months o f the calendar year 1893, The imports of gold
during September reached a much heavier aggregate than for
many months past, having been $497,164, all coming from
Australia. Of silver there came in §208,420, of which $170,4091
was bullion. There has been received during the nine months a
total of §922,874 gold and §1,031,339 silver, which compares
with §1,819,122 gold and §3,009,012 silver in 1892. The ship­
ments of gold during September wore lighter than in either
July or August, reaching §38,835, mostly coin, and the
exports of silver have been §1,651.510 coin and §184,100 bullion.
For the nine months the exports of gold have been §848,310
against §509,505 in 1893, and §8,675,491 silver has been sent
out against §8,122,847 in 1892. The exhibit for September and
the nine months is as follows :
IMPOSTS OP HOLD IS O SILVER AT SAX FBAXCISCO,

W L816
2.121.206

C u rw o t extmaaea and r a t e * paid......... .

■

IMPORTS AND EX PO R TS OF GOLD AN D
SILVE R A T S A N FRANCISCO.

f , 113.566

' co in « a 4 c o m S c a t m ...............................
ten d er note* u n i sertlfl'a o f d e p o s it..

it oth er b an k , ............ ............................
iSsehsnum f»rC Iitaris® -H o«t*e,. . . . . .

_m

70T

W M X .M *

m jm * m

Coin.

Bullion

j m t ft* m

L e g a l t e n d e r notes* a n d e v r t i f * o f fig p o a iL
E K l o f o t h e r b a n k * . ............. .
E x c h a n g e s f u r C le a r in g -I f e a s e
...
C u r re n t e x p e n s e s a n d t a x e s p a id . . . . . . . . .
f ’Tvratutn* *>« U n it e d S ta te * b on d # *.. . . . . .

Capital m om paid In. ..................................

. .

-

156.420
1 4 .^ 8
I3 M I*

175,3*7

............................................................
i-

7,3»>J
m ! 62t
819.407
W .I8 8

184,756
57 .3m
5f,42S

O th er resources..

OtamtM V m o n t o a n d u u . .............. . . . . . . . .
D ividend# un p aid . . . . . . . . . . . . . . . . . . . . . . . . .
Individual d e p e «it«...............................
O t h e r d e p e e iu .-____. . . . . . . .
p e e t o hank# and hanker* ................ ..........
O tlw r IlAhtlitia*.............................

Coin.

1,061,871
AM.S17
517,5.0

J

763,765
4.fit*
7,431 ,ft&4
’ m jM
4 UJMm
®e.«S30

$
10,791 207.134 223,929
10,499 l-ifUtli 107,610
27.410 181.006 209,023
12,354 176.483 188,837
4,208 152,233 150,441
11.721 154,-84 109,505
17,018
72.101
89,122
115,037
92,817 208,454
38.011 170,409 208,420
203,05.8 1,355,6.81 1,021,339

a oL ».

MOKTfIS.

4&Mm*
3H 3W

m rrn min m*t amUHrntm. ■ . . . . . . . . #

Bullion. | Total.

EXPORTS OP OOLO IS O SILVER PROM SAX FRANCISCO.

it

t m m A discount*, includ ing c n r i t l f i k . . t M f f t r t f r
8tuek».hemds,Ac ... . ..........................
k jK M B S

I t.lfm

, Coin.

m a t.

Is93.
$
6,115 30$170 30,58b
Jouuary...
9,423
813 8,610
FeWttary,.
22.660
Mat.U —
2,512 20,154
13,384
870,
12,508
April.....
980 20.25.8 27.23*
f*»y........
22,M«
lane........
42,700
July....... 171,036 20,820 201.750
Attsu«t-.— 31,747 HUSO 7 1,897
September 373.424 123,740 497,104
Tot. 9 H»o*. 611,213 311,600 922.873

M m m r c m -—

D a e fr o m r e s e r v e a g e n t * ................ ..................
0 o « tm m b a n k * a n d N a k » n . . .. . . .. ....
B « » W » g fcoCMk f a r t d t a r e a n d K g tm r «* » ,«
O t h e r re a l « A i i « a n d m o r t g a g e * o t r u e d . .
G o ld ce d e a n d c e r t ifi c a t e # ................ ..

SILVER.

GOLD.

MOUTHS.

1*399941i

IU J& M O &

t$47*.000

9S47&.000

1.1*1.071
M 5.C7*
§,9& f
8kfil4JAll

J ,W
iS .n w .is ;

SILVER.
m a t.

Bull’ n

1893,
January. .
February.,
March .....
A p ril........
M ay..........
J u o fi.......
Jttlv. . . . . . .
Aa«tt*i___
September

$
148,935
09,135
4 4,339
19,710
137.581
58,180
98,980
IB " .093
88 025

Tot. 9 DIIM.

840,156

$
194i
1.31U
27
60
20
21(
2.052

I

Coin.

Bullion.

*
1
8
149.935' 1,231,052
089,139
09,135
424.302
44.320
271.210
21.020
338.303
137,561
58,207
730,521
99,030
520,020
180,958 1,330,001
89,835 1,051.510

.8
157,500
292.200
179.900
194.500
202,956
232.000
191.100

848,210 7.212.333 1.143.150

Total.
$
1,139,152
009,139
424,802*
503,416
.518,208
925,021
731,982
1,508,061
1.835,010
9.675,491

Stock Exchan-oe Clf.ari.vo-Hocse T ransactions, — The
subjoined statement includes the transactions o f the Stock
*is.»sioat3 *w.«a.4*t *u.a*o.u»
Exchange Clearing-House from Oct. 10 down to and includ­
aw n F.HVit,i,K.
0«J. &
J u ly l i -SO. Sept. m . m .
Sorntwir.................................. ........................... .
lb
ing Friday, Oct. 27: also the aggregates for June, July
J&MHir&H—
$12,310,304 August and September in 1893 and 1892.
Loans sn aa ix ro o m s. InO nain* f.T*r<lr*fl».. :
140.4*.8

i s j.n <
« ,l» 0

Total..................................... .

SLKks. bonds, tar........ ................................

1.706,710

* ft.on reserve w t i t >

K m

Due tmm imakt »u3 huttaw..................
wkSkint kOOMt. bmltaro «M flxtom*.....
« h « r«»t r»wi« U4 m-trtawmn 0 «aM....
Q f M eotH •taH M rtW M ta*’ ....................................
Stlrer «i.tt>aat) mtWWmil«» .....................
Lwtfara<»rnoi«.*n.tc«rt'e»t»»t>ftlspo»it.
»wh»ntr« *f7rTSrini' now.'.'.'.'.'.'.’.'.'..'.
Cttrront MtWHsa* no-t tares m M.........
FramlMwon UnHuk State* bond*........ ..
Other rew.urOM...................................

“ t s is s

Wm

m

la

B it,pm

66.f4.5-

43.310

«

« ,3 3 4

$ l£ m ^ 4

*f4.06i
m

T tjm

to s t

.

.

064.132
m jm

175,661

08.119

1Mfitk paid fn... . . . . . . . . . . . . . . . . .

. !.*fitttt nndtvl<m& prefi!*......

'* '’dead* unpaid ........... ...
vidua! depcwlt*......................

ijs m m i

419 9*0

*0.132
4 jb M 9 *

*
tm .iu

ue to bask# and banker*. .
Other fl&bttiite*.,

83fi.f#W

1,874.600
m 6,248

T o t a l..........

$13,798.70*
4893.

OM AH A.

If am b er,. — «,
Mmmmm

ff^ O U O O
h w m jm

9

.MMtmts* Incioding overdrafts.

Dae from reserve asrem*..... ....... ......... .
® s« pta# banks and hanker#
Bank’g Aon##,fnrntfnr* and fi x t u r e * . , . . .
pthf r real estate and mortgages owned ...
Gnsd coto and certificate*.............. .
.Silver coin and certificate* . ............. ...

llepT -

Exchange* f«r fTearfnsr H o o s e ..
parte***, expense# and iaxe* »ai4...............
Premium or. V. a ta firtk ....!?..............
O
t
t
o
. . . . . . . . ___ _

i.m jm

$14,030,739
Ju lp I*.
4893.
8

l./-26,610

I10J8 U 16
l,*22,7r.7
4^36.757

8'0,74*
S lfijo d
243.MO
U * M »

827.769
UM.488

4,154.148
18M 89

m

jm

m&m®

i : I

291.840

1S*.122

*
J a n * ,U « ,

L id I.'

U ,m .m

M l I"

r « .-« » >

i

fnaluSI

i,m«w;<

,-------- Balancer, one side. -------- . Sheets
Shares, Value Shares. O ixh.. Clear’d

S S

I .W 3 M

lOJ.SSB.dOO

l«

L30L600

LWM.M#

iK s : $3Ȥ S H S
$10,249,732

m m S r t m h m m o t a i t o d t a . .............

.— S h a ra , both tid tl.—.
Cleared.
Total Value.

i is

m m )
m m t

114.579'.030

STOCK KXMIAXOE 0 U B A 8 W 8 HOUSE TRAXSACHONS.

i,m m n

S fcS S fc 1 I »
i m , . te.wa.iwj

S !:» ,

.— S h a r d , both •><!'*.— .

Cleared,

*48,100
m o m

5«
$13,219,732
Sepc 30,
1892,
9

f i t , 870,938
1,385.-579
3,750.016

2.42«,..08
B47.8PB
119,833

2,035.212
101.5*3
743.624
149.104
212.374

OCL
“
“
"

Total Value.

*

16..1,305.000 73.300.000
17
672,800 3 6 .5 0 0 .0 0 0
1 6 .. 6611,-00 36.900.000
1 0 .. 062,100 87.1 0 0 .0 0 0
2 0 .. 587,300 3 4 .8 0 0 .0 0 0

PnLwk. 3.917,100 218,800,000
Wklastyr4.223.S00 277300.000
Oet.
••
"
«
“

2 3 -1 ,0 5 1 ,8 0 0
2 4 -1 ,1 2 7 ,7 0 0
2 5 -1 ,2 9 7 ,6 0 0
2 6 .1 ,4 9 5 ,0 0 0
27.-1,395,500

L 3 »M »0
B,3-ill,100

72,100,(KW t’.w S .* ..
3U.lW0.Oii0 8,600,100

f:if
*

g$a

SI.S0I5

£81
6.883

25,246

------Balances, one side.-------. Sheets

Shares. Value Shares. Cash.Clear’ d.
98,200
<14.900
57.600
50,000

$

$

5,100,000 115,700
3,200,000 81,700
2.800,000 82, LOO
2.500,000 80,300

.19,100 2.000,000

01,200

310,800 10.200.000 394,000
458,700 29,300,000 415,100

74.500.000

96300

8 8 ,0 0 0 ,0 0 0

1 2 5 .3 0 0

74.800.000 100,200
78.900.000 122.300
95.900.000 120,200

0.100,000
6.000. 000
0,800,000
7.000.
7,200,000

173,700
135.900
147,700
000 158,700
110.300

Tot. wk..0,308,000 410,500.000 570,800 33,700,000 726.300 1.043
Wklastyro,783,300 300.833,000

658,000 45,222,000 396,800 1,572

The stocks cleared now are American Cotton Oil common,.
184.0*7
American Sugar common, Atchison, Chicago Burlington &
134.5*7
233,8*9
201.310
*18.702
Quincy, Chicago Gas, Chicago Milwaukee & Sc. Paul com­
.
117.792.107 $23,702,410 mon, Chicago & Northwestern, Chicago Rock Island &Pacific,
U M l l » - ’ ........................................
Delaware Lackawanna & Western, Distilling & Cattle Feed­
$1*150.007
Cnoltnl « .s - k imH In..............................
I M r t ir t O
afifikfixs
ing, General Electric, Louisville & Nashville, Manhattan,
r tt a is s
C r8 ; “V 'm!
s w a n ...............
€lffi«tlste»n
oatstan*Hng..............
.
057,000
704,993
0S4J4A
Missouri Pacific, National Cordage common, New York &
.
24.C*
Individual depo»it#................................
9.606,3 9
7 A 7 f,1 0 t
New England, New York Lake Erie <fc Western, Northern
O ther depO ftta.........................................
4 .*1.696
378,625
$rtm
Pacific preferred, National Lead common, Philadelphia <S:
8,168.452
D oe to hanks and t o i k e r s ...................
■ 32.078
Other m tn m e * ....... .......................... .
I7 3 J 3 2
* ■ «
Reading, Union Pacific and Western Union.
Tfilai,............ ............. ............. .,. f 17*269.77h $17,794,105 $23,792,418 August and September in 1993 and 1892.
50.HW

80.1*9
17*. 99

THE CHRONICLE

703

p io t ie t a x a = C o m m e r c ia l g u g lis h ; f l e w

(From our own correspondent.]

s

[V ol. LYII.

manufactures to the United States, a result no doubt of the
recent stringency.
The civil war in Brazil drags on. Little is known here o f
what is happening in the interior, and hardly any attention is
now paid to the Brazilian market. On the other hand, there
has been a very great improvement in the Argentine depart­
ment, especially in Argentine railway securities. It is hoped
that order will be maintained, and if it is there is every pros­
pect of a revival m trade ; indeed the prosperity of the coun­
try has already made considerable progress. Upon the Conti­
nent attention for the moment is almost engrossed by the visit
of the Russian fleet to Toulon. There is an uncomfortable feel­
ing politically. Nobody expects a sudden outbreak of war—in­
deed the season almost forbids it—but yet there is the un­
doubted fact that the Triple Alliance is weaker now than it
was. Unless Italy can raise a great loan in Germany, it is not
easy to see how she can maintain her expenditure upon the
army. She has just got two millions sterling in Germany to
pay the next coupon ; but she has been trying to arrange for
a loan of 24 millions sterling, and it is very doubtful whether
she can get it. In France the loan has not the least chance.
In this country it is doubtful whether there would be many
subscriptions. She has to look, therefore, only to Germany,
and the question is, can Germany, for purely political reasons,
afford so doubtful an advance? There is less cordiality, too,
between Germany and Austria-Hungary, while there is a bet­
ter feeling between Austria and Russia, and Count Taaffe's
proposal to admit about three millions of new voters has added
to the general feelirig of discomfort. It will increase enor­
mously the voting power of the Slav nationalities, and if they
get the ascendancy it is feared that they may break off from
the German Alliance and try to come to some arrangement
with Russia. Although, then, an early breach of the peace is
not feared, there is a good deal of unexpressed anxiety as to
what may happen next year.
The directors of the largest of British trusts propose reor­
ganization. The Industrial & General Trust has a paid-up
share capital of
millions sterling, and a debenture capital
of a million sterling ; and as it is proposed to write off about
£909,000, it would appear that more than a quarter of the
capital has been lost. The Trust is one o f those formed by
the Trustees’, Executors’ & Securities Insurance Corporation.
It will be recollected that another brought out by the same
corporation—the Mexican & South American—is already in
liquidation, and so is a land company of the same origin.
Naturally the discredit into which trusts have fallen is inten­
sified. Notice is also given that an application has just been
made to the Court for the winding up of an insurance com­
pany that largely insured deposits lodged with the failed Aus­
tralian banks.
The following return shows the position of the Bank of
England, the Bank rate of discount, the price o f consols, &c,,
compared with the last three years:

L o n d o n , Saturday, October 14, 1893.
The directors of the Bank of England made nr change in
their rate of discount this week. Up to Wednesday evening
the rate in the open market wa3 slowly advancing, but the
publication of a stronger Bank return than had been expected
on Thursday somewhat checked the advance. Still, it is
thought probable that rates will rise somewhat during the
next six weeks. The supply of money in the open market is
heavier than usual, because of the large borrowings from the
Bank of England by the Government. Mr. Goschen, while he
was Chancellor of the Exchequer, raised what money he re­
quired by issuing Treasury bills which generally were taken
by the outside market. Sir William Harcourt has paid off a
considerable proportion of the Treasury bills, and has bor­
rowed what he needs from the Bank of England, with the
result that the Bank has even less control than usual over the
market.
Since the closing of the Indian mints, the India Council has
offered 670 lakhs of rupees in bills and telegraphic transfers,
and has sold only 106 lakhs, so that it has offered and not sold
over 560 lakhs. On Wednesday of this week, it may be said
in passing, it offered 40 lakhs and did not receive a single ap­
plication. It will be recollected that a few weeks ago the
Courr il borrowed by issuing debentures somewhat over a mil­
lion and a-quarter sterling ; but it is clear that unless the de­
mand for the bills very soon becomes brisk, the Council will
have to borrow again ; indeed there is much speculation in the
market as to whether it will immediately raise a considerable
gold loan. The inability of the Council to sell its bills has
caused money to accumulate in an extraordinary way in the
Presidency Treasuries in India. Trade in India is very quiet,
exports are unusually small, and therefore up to the present
time the consequences of the accumulation have not made
themselves felt as much as was expected. But it is now gen­
erally anticipated that there will be a very rapid rise in rates
in India, and that then the exchange banks will have to buy
Council drafts very largely to get the money out of the Treas­
uries. If that happens the Council may not have to borrow
for a considerable time y e t : otherwise its resources will soon
run out. There is also a rumor that the India Council is con­
sidering the expediency of imposing a heavy duty upon the
import of silver. Since the closing of the mints the imports
of the metal have been immensely larger than any one ex­
pected : but they are now falling off very materially, and if
they continue to do so probably the Government will take no
action. The price of silver is 335gd. per ounce.
Investors here are watching with the greatest interest the
struggle in the Senate over the Sherman Act. The hope is
universal that repeal will be carried, but the general feeling
1893.
1892.
1891.
1890
is that it would be better to postpone repeal than to adopt a
Oct. 11.
Oct. 12.
Oct. 14.
Oct. 15.
compromise. There is much confidence felt that the Presi­
£
£
£
£
dent will not agree to any compromise. While the struggle C irculation................... ................... 26,405,230 26,966,830 25,871.920 25,049,0 tO
Public
d
e
p
o
sits...............................
3.592,009
4,528,330
3,623,022
3,339.229
is going on business in this market is nearly at a standstill—
O ther de p o sits................................. 32,314,292
32,580,892
32,304,673
30,246,761
and the American market governs almost all other depart­ G overn m en t s e c u r it ie s ................ 12,887,598 15,457,055 12,662,042 17.248,500
ments. At the fortnightly settlement, which begun on O ther secu rities.............................. 24,418,318 23,939,950 27,396,128 23,090,881
16,494,589
15,568,654
13,760,701
11,194,224
Wednesday mofning, the joint-stock banks asked 2^7 per cent R e se rve .............................................. 26,449.849
23.182,621
G old and b u llio n .............................
26,085,514
19,793,23-4
from Stock Exchange borrowers ; but most of them very soon Prop, assets to liabilities per ct. 45 11-16
38 1-16
33 1-16
4134
3
2
3
5
reduced the rate to 3 per cent, at which the bulk of the money Bank ra t e ......................... per cent.
97 5-10
94H
94 7-16
Consols 2% per c e n t .......................
98H
obtained was lent. In a few cases 2% per cent was paid, and Clearing H ou se retu rn s............... 111,212,000
103,408,000 104,621,000 174,380,000
in some cases only 1% per cent. Two banks, however, stood
The following shows the imports of cereal produce into the
out resolutely for
per cent, at which there has been much
United Kingdom during the first six weeks of the season
grumbling. Within the Stock Exchange the carrying-over
compared with previous seasons :
rates were very light, and they were exceptionally light in the
IMPORTS.
American department. The market for home securities is
1893.
1 8 92.
1891.
1890.
Imports ofw heat.ow t. 8,4 0 2 ,1 2 3
8 ,8 2 2 ,1 0 7
9 ,5 0 4 ,0 0 5 1 0 ,0 62,782
fairly steady without much change.
Barley............................ 3 ,9 4 1 ,3 0 1
3 ,1 8 4 ,5 8 0
3.064.49L
3 ,5 0 7 ,9 3 5
The unfortunate coal strike is not yet at an end. At the Oats................................. 1 ,6 5 8 ,0 8 0
1 ,6 28,581
1 ,6 9 2 ,6 1 4
1 ,5 3 9 ,3 8 7
e a s ..............................
235 ,2 6 9
196,139
139,403
123,253
meeting called by the mayors o f the great towns in the dis­ P
Beans............................
6 5 4 ,2 8 4
80 5 ,6 9 6
5 1 2 ,2 8 7
27 3 ,7 3 7
tricts specially affected, the representatives of the employers Indian oorn................. 3 ,4 2 2 ,9 3 7
4 ,8 5 5 ,5 3 7
2 ,0 9 9 .8 9 5
4 ,6 7 0 ,8 8 2
2 ,3 8 6 ,8 7 3
1 ,8 2 2 ,3 0 4
1 ,7 0 1 ,4 0 7
agreed to lower their demand for a reduction of wages from Flour.............................. 3,1 7 4 ,9 1 7
Supplies available for consumption (exclusive of stocks on
25 per cent to 15 per cent, but the miners are opposed even to
that. In a great many cases men are returning to work at September 1):
1892.
1891.
1890.
the old rates. But still the strike is not over, although every­ W lie a t .................. ow t. 8,4108293.
,1 2 5
8 ,8 2 2 ,1 0 7
9 ,5 0 4 ,0 0 5 1 0 ,0 6 2 .7 8 2
1 ,8 2 2 ,3 0 5
1 .7 0 1 ,4 0 7
thing points to an early termination. In the meantime busi­ Imports of Hoar.......... 3 ,1 7 4 ,9 1 7 2 .3 8 6 ,8 7 3
Sales of home-grown. 3,1 2 6 ,1 7 1
2,7 8 2 ,2 5 5
3 ,3 8 7 ,0 6 3
5 ,2 7 6 ,3 7 6
ness is much disorganized, and the struggle has told se­
Total.......................
1
4
,7
03,213
1
3
,9
91,235
1
4
,7
1
3
,3
7
3
1
7 ,0 4 0 ,5 6 5
verely upon the export trade. It may be noted, too, that the
1
8
93.
1
8
92.
1
8
91.
1890.
Board of Trade returns for September show a great falling off Aver, price wlieat week.27a. lOd. 27a. 9cL
34a. lOd.
30a. l i d .
37a. 2d«
3 2 s. 3 d .
in the value of the exports of British and Irish produce and Average price, seaaon..26a. 6d. 28s. 7d.

THE CHRONICLE.

October 28, 1893.)

The following shows the quantities of wheat, flour and
maize afloat to the United Kingdom:
Thin week.

Wheat........... . qre. 2.5 l s.ooo

Flour, enual to are.
Mates....................ijra.

1992,
1,579,000
353.000
372.000

has! week.

2,6It.noo

293,000
205,000

333,000
294,000

1991.
1,521,000
1-9.■ 00
204,000

B a x lt a t i V i a t u c t a l H a r a .e t » — P e r C a m e .

The daily closing quotations for securities, &c., at Loudon
are reported bv cable as follows for the week ending Oct. 27:
Ifon.

Sat.

London,

W ett.

T u es.

709
Bzports.

SilfCI'.

Since Jan. 1.

Week.
Great Britain............. i
F rance........................
Germ any..................... !
West Indies................ 1
M e x ic o ......................
South A m erica .......... 1
All other cou n tries..

Week.

SineeJan. 1.

$6SS,G73 $24,777,793

82,937

787,440

132,198
193,000
515,597
660
79,553
39,694

$638,873 $25,738,495
292,775 17,230,719
875,116' 15,383,187

Total 1=93.
Total 1S92.
Total 1891.

•TAurt.

Imports,

596
46,907

1.705
7,672

9 3 0 ,7 5 8

214

1 ,1 0 3 ,7 4 8

1,631

134,474

$11 ,2 2 2

$ 3 ,0 0 8 ,8 6 0
2 ,3 2 2 ,0 7 9
1 ,8 0 5 ,8 9 8

191,868
7,200

34
33S,* 33% 33tis 33*4
Stiver, »er a z ..............d 335i
97ri,s 97% ;*7; ■>,« 97**16
Oan*uis,C8w,2Si per ota. 98)16 98
97% 9713,,, 971%,
do for account....... 9SLe 98
Fr’ob team (In ParlsUr. 98'27*s 98-27*3 98-15 98-17% 98*32% 98-30
.
U. s. 49 of 1907 .......
76% 76
76*4
Canadian Paoilio.......... 74 7g 753«
63
6S*s
60% 66*4
Calc. MU. A Sc Paul__ 61*4 file
95*4 96*4 98%
95
96%
IUiaois Central,..,..,... 94 ‘h
12*5*4
132
Lake Shore..................
127*4 131%
13214 132
50%
49% 50
Loalevttfe A N^»hvllle.. 47*e
47 7, 48%
Mexican Central 4a...... 53*4 53% 53% 53*4 53*4 53*b
105*1 108 n, 107
V . Y. Central A Hudson. 105
107*4 107
N Y. Lake Erie AWe*Pn 14*4 IP’s
16*4
15%
l'*a
do 24 cone......... 72** 72% 7-1% 70% 76*4 76%
22%
21**
21%
22
3
r
22%
Norfolk* Western,pref.
22%
23% 23% 23% 2i%
23%
Northern Paotflo pref... 22-4
52
52% 52*4 53% 53H
Penney! vanu............... 52
11%
u%
9%
11*4
PalladelphlaA Reading. 9
11%
UMon Pacino............... IS
18% If*
19% 19%
1«N
W *!>a*h ptef............... 15**
15*4 15%
16%
16’ »
16%

Of the above imports for the week in 1893, $90,900 were
American gold coin and $1,100 American silver coin. Of the
exports during the same time $2,600 were American gold coin,

Commercial nnd i^UsceUaueous IJ-cics

— Pursuant to a resolution adopted at a meeting of security
holders of the Philadelphia & Reading Railroad Company, all
holders o f bond- anti kooks of the company who desire to
give their support to Mr. Isaac L Rice in his efforts to secure
a new management for this property are requested to send
their address and the amount of their holdings to Richard B.
Hartshorn*, Chairman, 16 Wall Street, New York.

NationAi, Basks .—The following shows banks recentlyorganized.
RKi'r.sTtr okoanezxd.
4,930—T b « Flr-t National Batik « f Normal, tltlnol*. Capital. $50,000.
John W. A ldru li, f t e u d m : C b u , C. Schneider, Caebler.

—The Atchison Topeka & Santa Fe Railroad Company noti­
fies the holders of assented guarantee fund mortgage 6 per
cent notes that they can present them at the office off Messrs.
Baring. Magoun & Co, of New York, or at the Atchison'Com­
pany, Boston, on and after Oct, 33 for indorsement, affixing
of new coupon sheets and receipt of check for cash premium
payable Nov. 1. Coupons for Nov, 1 interest will be paid iu
usual manner. Holders of non-assented notes will receive
principal ami interest to Nov. 1 for their notes upon surrender
of the - uoe at the offices of the Atchison Company at Boston
on and after Oct, 81,

IS S O L T B S T .

1,147—Tii« National Granite State B w t o f K teter, New IT im pthirc, I*
Insolvent. and w » * o n S<!oteotb*r 23 placed in ibe band* uf
Arthur O. FnBer, ref - tver.
2JKI3—The First National Bank o f North MitticI rMcr, Indiana, is
I0 *o)veilt, and Wav, on O ctober 10, placed In the hand* o f
Daui'-l W Krt-cjef. r-..,:iv,-r.
4,283—The Chamberlain National Bank, Chamberlain. vm th Dakota.
i* Insolvent, and wav on Septem ber 30 placed In m e hatm.< or
.1. Leslie Tliompson. receiver.
4,280—The Fort T(*wn»*-nd National Bank. Port T ownsend. tPavii..'
Innolvent, and wraa on n e to lx r 3 placed in the baud* of
Marcus A. Sawtcllo, receiver.
C O R F O R A T B K X M T K SC K O f N A TIO N A L B A S K *

EXTKNDKP.

2,128 -T h e First National Bank o f ShelbyviUo, lltinoi*, until Septem ­
b er i, m

2 .1 2 9 —

t .

City Railroad Securities—Brokers’ Quotations,
Atlantis At ., S'kiya.SPk.i..............
G«B. M .,5»,190lf...A A O too .....
a rok erS t * Fat. F. -S *k .'....... 1 30
l» t more., 7a, 1900.JAJ 107
SrMway A TtoAv. -s t 'k .,
ISO
lH

C
The First National Bank o f Central City, Colorado, until Sep­

tember IS. 4413.
2 .1 3 0 —The First National Bank o f Red Oak, Iowa, until Septem ber 21,
1693,

m a r t .,

7 '

F O B B tO X IM P O R T S AT X B W T U R K .

For Week.

1801,

1900.

Dry G ood s.......
QenT mer'dlne.'
T o ta l........
Since. Ja n . 1 .

$2,3- 7.196
7,066,969
69,463,755

« t.7 7 7 .* "4
7,584,556

1893.

1892.
*.1.061.57$:
7,1*50,371

*P,3*12,252 610,521,352

;

*1,340,703
0,506,238
67,840,1)18

i

Dry
u
ry Q&mlM
<hxm* ,.,.. . . 6126,814,966 6PC.470.779 6104.912,!* '. *107.052.450
O ea’ l m eFdlse. 317,230.649 327.UC9.jJ7 358,887,543; 33X,2»7,35tJ
T otal 42 weeks. $14 4,034,608 6121,431,176 8463,609,8 7 s‘i »t33.319,80G

The import* of dry g o o d * f o r o n e w e e k la te r w ilt b e fo u n d
in our report of the dry g o id* Unde.
The following is a statement of the exports (exclusive of
specie) from the port of New York to foreign ports for the
week ending October 24 and from January 1 to date:
EXPO RTS FROM S E W T O R S F O R TUB W K B K .

1390.
67,205,849
F or the w eek ..
Prev. reported. 280,220,185

1891.

1392.

1893.

68,393,«43
292,622,159

8 6 .7 2 3 / 35
307,150,799

*8,055,985
295,051,296

ex

roa rs

Or,1(1.

a x p

im p o r t s

o p s p e c ie

Exports.
Week.

Great- Britain..,,...
France...... ...........
Germany....................

W
est ladies..............
M e x ic o ...,,........... .
Booth America........

A l l o t h e r c o u n t ! i.-s.

Total 1893..

Total 1892...
Total 1891..

a t

S ineeJanA .

610,078,047
17,800,102
25.453.100
519 7,8 49.040

*Sb300

1 ,1 ^ 1 ? !

nrw

to rk

ElvhtbAv.—Sonp.8»,1914 HO 10®

42,1 * U r'm l SI. F 'r y —s t k . 3 0 0 ..........

42<1 SI. Manb-Al St.l4.AVAi.... 88
I l#t mort., 6a, ltilO .,M ,t»;— 110
■lil M.. lnoom 6,((«....j,W 00, 84
Kouat,. W.St.ik F.F’r-S tft. « H t ......-

l . t m art,, 7 », 1 a o 4 . . J A J ' l ° 4 ..........

Ninth Avo.......................... ,123 .
Se •■!><! Ave__S tock ..........
;

l « t m a rt., 8*. 1 9 0 9 .M A N .. . . . i l l '

....210

**1x111 A m -S ta n k ...
rmr.S

135 140

avis, ...............

Y

¥. autl Brooklyn Has Securities—Brokers’ Quotations,

Brooklyn G as-L igh t......

A*k.

C e n t r a l ................................

ido'
1 '

O u tw it* ‘ (B r o o k ly n !..........
J e r a e y C i t y <fc H o b o k e n . .
ho
I f e t r o p n i H a n - B o n , ! * ........ 105

103

5™

M a t a a H N . V .< .................... 134

8e»*» a ( Brooklyn)........ .

Scrip........................

P e o p le ’ -* . B r o o k l y n ) .......

UO
im
'¥** 70

0 A 8 COM PANIES.

Bid.

Ask

MtHtropoii tan (Brooklyn).. n o
*'WUUatuabarg... . . . . . . . . . . . 32 >
100 102
123 125
i Bonds, Us....*................ 105
iKmj liable. . . . . . . . . . . . __ _ 170 175*"
mo
70
;8uw idardpref..............
32
1 Do
corn......... ......... , 0i

Auction Sales—Among other securities the following, not
regularly dealt in at the Board, were recently sold at
auction.’
By Messrs, R. V, Harnett & Co.:
Shares.
5 0 American Metal Deproit-

10K <;o.........................

1 Meinberabli) N. \ Product*
E ssb a u g e........................f5LO

X

By Messrs. Adrian H. Muller & Son :
Shares.
16 First National Bank o f
Illicit, N. Y ..................... 177>s
20 Feople'iiTr. Co, o f B’ klyn 250Q
4 National Park B a n k ..___292
50 Central National Bank. . 120

Bonds.
$31,000 Amur. Water Works
Co. 1st consol. ®a. 1907.
July, 1893, coupons o n . .... 75

$auM ug ami fftm tu cial.
THE

M E R C A N T IL E

N A T IO N A L

BANK

OF T H E C I T Y O F N E W Y O H I4 ,

No. 101 Broadway,

SineeJan. 1.

f , .......... $28,136,960
8,675,905
13.291,894
4,710
S,264.359
57,141
1,250
1,502,992
95,933
2,111
122,193

4,013 120
62.-19 »7U.;»I,: :>(i $104,034 $57,071,4 19
252.530
7,283.984
2'* .5( 0 30,043,363
3,070,6)9

119 .

SA B COM PANIES.

.

Imports.
Week.

,J * T >

5 » , 1982.....Jd£t> m o.......
S o r i p ...............................
95 100
K nthtk A v . —S t o c k ............... 240 ..........

1 « M „ SB, 1937...... J.U 107 ......
t»v rourt., lBvd.......*440:105 >....... !;Twenty.thiril si— Stock.. . . . . 300

Total 12 week*. $287,431,71*4 6301,015,807 $313,373,834 *303,707,261

The following table shows the exports and imports of specie
a t the port of New York for the weekending Oct. 21 and since
January 1,1893, and for the corresponding periods in 1892
a n d 1891:

........

h u n i A im bst.-si’k. ..... iso

N.

The following are
the imports at New York for the week ending for dry good#
Oct. 18 and for the week ending for general merchandise
Oct. 30: also totals since the beginning o f the first week in
January.
I m p o r t s a n d E x p o r t s f o r t h e W k b k .—

1 9 0 4 . J A D lO fl

SamoTL, 5*,lS>14...J,tJ 10.1 ......
g '» » y U I .5 ,. «no......"it loo ......
Sn4 S», lot. M r«M.. •Of. HU j
Brooklyn GI4F—NeWSIook: 158 J157
B 'klyticr».»-c» is ., 1 0 0 0 105 ----B k a .try* n <u5 «, iim $ j a j . . ... . lo t
Otratra! cro«*tow n~a t’ k ., 135 ----1st mart., 8«,1992. MAN 115 150
Cent. P a.N.A K.ftn. - s i * MO

; jtt Dk.K-B.tk Bat’y -S tfc. .... 125

! ’ *f, v ..

21,997,512

C a p it a l .

-

6 1 , 0 0 0 , 0 0 0 1 S u r p lu a F u n d ,

-

6 1 ,0 0 0 ,0 0 0

W IIdJAM P, ST. JOHN, Prevalent. 1FREDERICK B. 80HENCK. Osettlar,
JAMBS V. LOTT, Aestrtsnt CMhler.
A C C O U N TS S O b K IT IiD ,

S amuel D. D avis & Co.,
BANKERS AND DEADER3

IN INVESTMENT SECURITIES.

N O . 14 W A L L S T ., N E W V O H I l .
Bam ubl n . D avis ,
Member N. Y, Stock Exchange.

C hab. B. V an N ostrano

THE CHRONICLE.

710
£ h t

|3 a n k e r s '

05 a le t t e .

D IV ID E N D S .
Per
Cent.

Name o f Company.
R a ilr o a d * .
Gin. Ham. & Dayton. com.(quar.)
K .C . St.L. & Chic. pf.guar. (quar.)
Home W at. & Ogd. guar. (quar.).
B an k s.
American Exchange N ation al...
G erm ania............................................
G reenw ich..........................................
H o m e....................................................
Lincoln National (quar.)...............
N assau.................................................
National City.....................................
T r n * t C o m p a n ie s .
Central (bi m o n tb lv ).....................
Farmers’ Loan & Trust (quar.)..
Do
do
e x tr a ...
Holland (quar.)................................
K ings County, Brooklyn (quar.).
People's, Brooklyn (quar.)...........
M is c e lla n e o u s .
A m . Soda Fountain.com. (quar.)
Do
do
1st pf. (quar.)
Do
do
2d uf. iquar.)
Brooklyn Gas Light, Brooklyn..
Denver Consol. Gas (quar.).........
New Eng. le le p . & Teleg..'quar.)
H en ry R. Worthington, pref........

Books Closed.
(D ays inclusive.)

When
Payable.
Nov.
Nov.
Nov.
Nov.
Nov.
Nov.
Nov.
Nov.
Nov.
Nov.
Nov.
Nov.

i
3 Oct. 24
to
1 —
15 Nov. 1 to
1
1
1
1
1
1
1

Oct,
Oct.
Oct.

25
21
21

Oct.
Oct.
Oct.

26
22
25

to

Nov.
Nov.
Nov.
Nov.

4

Nov.
Nov.
Nov.
Nov.

21
21
26
22

to

6 Oct. 28
10;Nov. 2
15 Nov.
1 to Nov. 15
11 Oct. 25 to Nov. 1

W A L D ST R E E T , F R ID A Y , O C TO B ER 2 7 . 1 8 9 3 -5 P. M .

The Money Market and Financial Situation.—There
lias been only one great topic of conversation this week in
financial circles, and that was the prospective repeal of
the silver purchase law within a few days. The firm­
ness of President Cleveland defeated compromise, and from
that moment the silver obstruction seemed to collapse like an
■empty egg shell.
It is a narrow and very limited view of the silver question
"to regard it in the same light as some ordinary change in the
■dorm of paper money, or some modification of the tariff
or tax laws. The cessation now to issue any more silver
or coin notes as legal tender is a great historic change in
the money standard of the country, and far from demonetiz­
ing silver it is only a preparation for holding up to par the
$600,000,000 and more of silver coin and notes already out­
standing. The permanent advantage of having in this coun­
try a single standard of value iu harmony with the other
great commercial nations of the world cannot be over-esti­
mated in considering the prospective value of all our stocks,
bonds and real estate securities. Such States as Texas, Col­
orado and Montana would scarcely have an existence to-day
as wealthy and flourishing communities except for the gold
that has been contributed by New York and London to build
their railroads and develop their mineral and other industrial
’.resources.
The first effect of our new confidence in repeal has been to
send stocks up sharply and cause a good deal of London sell­
ing of speculative stocks to gather in the large profits. But
this is only temporary, and the foreign investment demand
when we get on a settled gold basis will be long and strong.
There is great danger of overdoing things at our Stock Ex­
change, and already we can point to stocks that are selling
20 points higher than in last summer’s depression. Reactions
-will come without doubt, but with the silver lunacy removed
parties can afford to hold on to their stocks and bonds with
greater confidence.
The open market rates for call loans during the week on
•■stock and bond collaterals have ranged from 1 to 2% per cent
the average being 2 per cent.
To-day rates on call were
1% to 2 percent. Commercial paper is quoted at 5% to 6% p. c.
The Bank of England weekly statement on Thursday showed
-an increase in bullion of £87,135, and the percentage of
reserve to liabilities was 16 86, against 45'53 last week; the
discount rate remains unchanged at 3 per cent. The Bank
of France shows an increase of 1,275,000 francs in gold and
a decrease of 67 5,000 francs In silver.
The detailed .rtatement of the Clearing-House banks will
not again be issued so long as there are any loan certificates
outstanding. The totals are furnished as usual, and the
.figures for last Saturday (Oct. 21) as compared with those of
ithe preceding Saturday show an increase in the reserve of
■$8,744,725, there being a surplus over the required reserve
o f $42,640,775, against $33,896,050 the previous week :

'Capital................
Surplus...............
'■Ata.nn and disc’ ta

Oiroulation........
Net deposits......
Specie.................
/Legal tenders___
Seserve held___
Legal resoive...
O orpins reserve..

1893
Oct. 21.

Differerisfrom
Prev. week.

1892.
Oct. 22.

1 8 91.
Oct. 24.

$
60 ,4 2 2 ,7 0 0
71 ,5 9 4 ,8 0 0
39 4 ,0 3 ^ ,7 0 0
14.690.500
4 2 1 ,6 86,900
9 5 .7 18.500
52.341,1.00
34 8 ,0 6 2 ,5 0 0
105,421,725

$

$
59 ,3 7 2 ,7 0 0
6 4,930,700
4 0 5 ,6 0 2 ,4 0 0
5 ,5 7 6 ,0 0 0
4 1 6 ,4 00,600
8 £.2, LO, 100
3 4 ,2 8 1 ,2 0 0

In. 1 1 ,0 5 2 ,4 0 0
Ino .2 ,30 7 ,6 75

$
6 0 ,4 2 2 ,7 0 0
68 ,2 3 3 .5 0 0
45 2 ,3 3 3 ,9 0 0
5 ,611,100
4 6 0 ,8 8 5 ,1 0 0
70 ,6 4 9 ,3 0 0
46 ,9 0 4 ,4 0 0
117,553,70.
115,221,275

4 2 ,6 4 0 ,7 7 5 'ln o .8 ,7 4 4 ,7 2 5

2 ,332,425

1 2 .3 91,150

D e o 7 '0 7 6 ,3 0 0
Deo. 266 ,3 0 0
I n c .9,2 3 0 .7 0 0
In o .5 ,3 3 9 ,100
I n c .5,7 1 3 ,3 0 0

Foreign Exchange.—The market for sterling bills was de­
clining up to Wednesday under the influence of a good supply
of cotton bills and the very decided prospects of repeal in
Washington. Rates had about reached a point where gold
imports could be made when the market turned and advanced
on Thursday under the influence of higher money in London
and considerable sales of stocks here for foreign" account to
realize profits on the large rise in prices. To morrow £500,000 gold will be shipped from London to this port. To-day
actual rates are easier and quotations are: Bankers’ sixty
days sterling, 4 80%@4 80%; demand, 4 83%i^4 83%; cables,
4 83%@4 84.
Posted rates of leading bankers are as follows :
October 27.

. 1
31

1 —
1 Oct.
1 Oct.
1 Oct.
1 Oct.

tVOL. LVII.

116,491,300
104,100,150

Sixty Days.

Prime bankers’ sterling bills on London..
Prime commercial.....................................
Documentary commercl 4 ..............................
Paris bankers (francs)
Amsterdam (guilders) baukers....................
Frank fort or Bremen(reiohmarks)b’nkers

4
4
4
5

Demand.

81 ® 4 82
4 84 ® 4 85
7 9 3 i® i 80
79 q <a>4 79*s
‘2 4% 0 5 233) 5 2 i q ® 5 20 %
393)03913,,,
4 0 % a 4 0 3 le
9 4 % ® 9 4 1-3
9 5 !8 » 9 5 i4

The following were the rates of domestic exchange on JNew
York at the under-mentioned cities to-day: Savannah, buying
% discount, selling % discount @ par; Charleston, buying
% discount, selling par; New Orleans, bank, par, coturner
cial, $2 50 discount; Chicago, 75c. per $1,000 premium; St.
Louis, par.
United States Bonds.—Quotations are as follows;
Interest
Periods

OCt:
21.

Oct.
23.

Oct.
24.

Oct.
25

2 s , ................... -.r e g . Q.-Moh. * 98
* 98
* 97
* 97
4 b, 1 9 0 7 ........... -..r e g . Q .-Jan . m i
*111 *1 11 *111
4e, 1 9 0 7 .......... .coup. u .-J a n .
•111
*111
*111
*102
6s, our'ey,’ 9 5 . ...r e g . J. & J. *102
*102 *101
6s, onr’ey,’ 96. ...r e g . J. & J. *104 *104
*104 *104
*106 *106
6a, our’cy,’97. ...r e g . J. & J. ‘ 106
*106
6s, our’ey,’ 98 ...r e g . J. * J. *109 *109
*109
*109
6s, our'cy.'99 ...r e g . J. & J. *111
*111
*111 • *111
•Thlais tueprioe Old at tne morning o o ard : uo

Oct.
26.

Oct.
27.

* 97
* 97
111*8 *111
111»2 " 1 1 1 *
*102 *10*
*104
*104
*106
*106
*109
*109
*111
*111
tuade.

State and Railroad Bonds.—The Virginia funded debt
2 3s of 1991 have been purchased freely at rising prices, and
the sales include $163,000 at 53%-a3% ; §10,000 Ark. 7s, Miss.
& O. RR., sold at 10-12 ; $3,000 L. R. P. B. & N. O. at 12 ;
§10,000 Ark. 6s fund. (Hoiford) at 10 ; $3,000 A ll. “ A ” at 97 ;
do “ C ” at 90% ; $10,000 La. consol. 4s at 95 ; $5,000 Tenn.
settlt. 6s, 107 ; do settit. 3s at 70.
Railroad bonds have shared in the general activity at firmer
prices. Some of the popular low-priced bonds that are bought
on speculation have been taken freely, and among these
Reading incomes have been most prominent, the firsts closing
at 35%, the seconds at 24% and thirds at 20%. Reading af­
fairs are looking brighter, the Speyer loan has been renewed,
and a plan of reorganization is under discussion. Tne North­
ern Pacific consol. 5s close at 35% and the Chicago & Northern
Pacific 5s at 43%, and it is presumed that the new manage­
ment will get ail out of the N. P. property that it is capable
of. Other popular bonds close at the prices following, under
the general good influence exerted by the prospect o f an
immediate termination of the silver inflation era in this
country: Atchison 1st 4s, 73%; 2nd 3-4s, class A, 41%; Ches­
apeake & Ohio general 4%s, 75; Rock Island 5s, 97%; Louis­
ville New Albany & Chicago general, 71%; do. consols, 97;
Erie 2nd consols, 72; Reading general 4s, 71%; Richmond
Terminal trust receipts 5s, 24%; Texas Pac. 1st os, )4;2nds, 20%.
Railroad and Miscellaneous Stocks.—The stock market
has shown general animation, activity, buoyancy—all based
on the confident expectation of a speedy repeal of the silver
law. It is true that the coal stocks were stimulated by the
Vanderbilt purchase of Lackawanna (40,000 shares of $50 par),
but this would have been only special and local in its influ­
ence except for the above main cause. Lackawanna rose to
171%, closing at 167%, and it is reported that there is very little
floating stock now left in the market. Delaware & Hudson
touched 130, Jersey Central 120% and Reading 23%, all closing
lower, and it seems to be well understood that no
coal combination whatever has been proposed in this
transaction. New York & New England sold to-day at
36%, closing at 33%, on the rumors of new combinations by
Mr. McLeod including negotiations for Montreal connections
via Central Vermont, and a much more probable and im­
portant arrangement for a through route to the Pennsylvania
coal fields aud the West, over the Pniladelpaia Reading &
New England and the Lehigh Valley roads. Atchison is
higher on its improved prospects and belief that it has passed
a crisis in its affairs; all the leading grangers are well
held at the advance, owing to their better prospects, notwith­
standing a considerable amount of London selling to realize
profits on the large rise in prices. St. Paul, too, showed an
unexpected gain in the report of net earnings for September.
Chicago Gas has been very active and buoyant, closing at 68.
General Electric, although the dividend has been passed, is up to
49%, ex-rights for subscriptiou to the new stock of the company
formed by the syndicate. Western Union has been purchased
heavily, nominally on its merits as a dividend payer, though
a pool is reported. Ontario & Western is strong at 17%; Louis­
ville & Nashville at 50%; Ches. & Ohio (with an increase in
net earnings for Sept.) at 19; Distilling <S: Cattle Feeding
has not kept pace with other stocks, and closes at 32%. Sugar
has been a great feature, selling up to 104%, with rumors of
an extra dividend among other things, and closing at 102%.
Am. Tobacco and Lead have also been strong and active.

THE CHRONICLE.

October 28, 189&,]

NEW YGKK STOCK EXCHANGE— A C T I V E

S T O C K S f a r w e e k e n d in g O C T O B E R

7J1
‘27,

HIGH EST AND LOWEST PRICES.
Saturday,

M onday,

Oct. 21.

Oct. 23.

1 Oct. 24.

O e t 25.

| Thursday,
Out. 26.

Friday,
Oct. 27.

STOCKS.

a n d s in c e J A N .

Sales
o f the
Week,
Shares,

1, 1893.

Range of 6 a le s ln l8 9 3 ,

Lowest.

Highest.

Active R R . StocRa,

21
22% Atchison Top. A Santa F e .~ . 74,570 12% July 31 36% Jan, 16
20% 21%
21 1
400
*2%
2% Atlantic & Paolflo.................
*2
2%
•2
1% July 25
5% Apr. 29
2%
4,722 54% July 27 97% Jan. 24
73
74
71
73% 73%!Baltim ore& Ohio................... .
73%
70%
100 66 July 2' 90% Jan. 16
‘ 73% 75
*73
74% Canadian Paolflo......................
74
6,173 34% July 27 58% Jan, 16
52
52% 53%
82% 93 Canada Southern.....................
53
51%
118% 119% 119% 119% Central o f Hew Jersey............ 11,221 84 July 26 132% Jan. 21
120%
18% 19% Chesapeake A O ., v o i.tr . oert. 27,235 12% July 26 26 Apr. S
1 18% 18%
17%
,136
.........126 Aug. 16 145% Feb. 1
......... 136
*136 ........ Chicago A A lt o n ................... ..
85% 87 jChioago Burlington A Qulnoy. 127,236 69% July 26 103% Jan, 21
| 84% 87
81%
500 51 Aug. 21 72% Jan. 25
54% 55% Chicago A Eastern Illinois—
2,610 86 Allg. 17 105 Jan. 23
96% 9 7 %i 98
98
97% 98 I
Do
prof,
I“ II' I o i '
¥ i% ‘ » i % " s o
61% 66 Chicago Milwaukee A St. Panl. 220,139 46% July 26 83% Jan. 23
59% 60% 59% 61%
60% 63%
62% 64%" 63% 05%
Do
pref.
1,004 100 July 26 126 Jan. 23
117% 118
110 116%; 117 117
118 118
120 120% 119% 120 !
1 0 1 % lo 2 % ' 102 103% 1027*105% 101% lO0Ta 105% 106% 105% lo6%;Chloako A H orth w eatora....... 22,806 84% July 26 116% Feb. 1
*138 139 I*.........139 , ...................... 139% 139% 140 140
578 128 Aug. 18 146 Jan. 2 0
139 139 ;
Do
prof.
66% 70
69% 70% CMearo Rocklsl&nd A Paolflo. 70,663 51% July 31 89% Jan. 23
69% 71%
63% 04%: 63%
65%: 64% 67%
38
38% Chicago 84. Panl Minn. & Om. 14.355 24 July 26 58% Feb. s
31% 35% 31%
36% 35% 37%
37
37%
37% 38%
2,500 94 Aug. 23 121 Feb. 3
110
110
Do
pref.
110 111
*106 108 ! 107 105 % 10S% 109
no m
37% 37% C leve.Clncln. Ohio. A S t .L ... 11,938 25 Ju ly 26 60% Jan. 23
36% 38
34
34 j 34%
35% 35% 37%
36% 38%
80
SO
Do
pref.
75
74
74 ! ................... : 75
168 75 Got. 13 98% Jan. 3 0
80% 30%
21% 22% Oolnm busHocking Val. A Tol.
5,800 11% Aug. 2 32% Jan. 19
207* 207* 20%
2 1 V 21
21% * s i % . * a i %
21% 21%
*60
70
Do
pref.
*60
70
•60
69
‘ 60
69 !
......... 59% Aug. 2 73% Jan. 1 7
*62
70
129 129% Delaware A H ndaon................ 12,007 102% July 26 139 Jan. 27
121% 124
125 129
127% 130
128 130
157% 160% 101 171%
164% 166
165 166% 167 169% DelawareLaokawatmaAWeet 18,734 127 July 27 171% G ot 23
100
S% July 13 18% Jan. 21
*9% 10% Denver A Rio G ra n d e ............
10% 10%
1,560 24 July 10 57% Jan. 23
29
29
Do
pref.
*?§"* 'is*' 28 29
% July 3
5% F ob. 4
1
*%
1 E astT enneeeeeFa. A 9 a .......
%
1
*%
*%
i
*%
1
*0
10 June 3 35% Fob, 3
15
*6
15
*6
*3
Id
Do
1st pref.
15
*8
15
4
*1
n
*2
4
Do
2d
pref.
2
July
7
11
% Feb. 3
*1
4
4
*2
5
1.030 63 Sent. 0 152 Jan. 1 2
81
‘ 75
SO Evansville A T erre H a n te ....
•78
78% 79
75
*75
80
79
*106% 108% 107% 107%
-135 100 July 27 142% Feb. 7
107 107
107 107 "107 110 Great N orth ern ,p ref..............
92
92
94
97
97% ruinoteC entral........................ 11,606 86 July 18 104 Jan, 25
92
92%
94%
02% 94
64% 98
5 July 25 11 Jan. 2 5
*6%
7%
700
*7
8
8
8
3 Iowa Central.............................
*7%
8%
8%
8%
8%
*20% 22
1.030 12 July 27 37 Jan. I g
22
22%
Do
prof.
23
23% *23% 25
24% 25% *23 % 25
*15% 15%
l " t . i 7 % Lake Erie A W estern..............
15% 16%
4,680 12% July 27 25% Jan. 1 4
17% 18%
16% 17
56% 17%
88
68
2,435 53 July 31 82 Jan, l g
169% 69%
Do
pref.
70
68% 68%
67% 69%
71
71
70%
122 124
124% 129
127% 128% 127% 129
126% 129% 137% 1 2 .8 % Lake Shore A Mloh. Southern. 13,426 10* July 31 134% Apr. g
*93
80
720 90 July 27 118% Jan. 21
90
96
*93
96
90
Long Island............................. .
*93
96
97% 97%
46% 47%, 48% 46%
16
46%
49
51 Louisville A Nashville............ 15,700 43% Oct. 40 77% Jan. 21
48
49%
47% 49
14% 15
8% July 27 27 Jan. 1 4
2,805
15
15%
lo % 11 Loulsv. Hew A lb. A Chicago..
16
15% 1)1% *10
10% 11%
*3%
5
4 Aug, 22 27% Jan. 16
*3
7
*3
«
*3
8
*3
6 Loutavill* St. Louis a Texas.
*3
6
128 131% ISO 132% 131 132
182 134 (M anhattanE levated,consol.. l i ’,6 2 5 10O July 26 174% Jan. 1 3
132 13-1
133 134
*94% 96
3,045 79% Aug. 21 108% Apr, g
97
97%: 97
96% 97
99
9* H>2% 102 102%: Mich! van Cen tral......................
*10
1<
6 Aug. 3 II19% Jan. 14
*10% 11%
1 ,0 .6
12% 12% M inneapolis A dt. L.. tr. recti*
12
12%
12% 12%
11% 12
*28
32
1.820 18 July 31 i! 4 9 Jan, l g
30
32%
30
30
32% 34%)
Do
p ref., ir. reels
32% 32%
33% 32%
*11% 12
2.215
8 July 19 16 Jan. 25
12
12 Missouri Kansas A T exas —
n % i ;%
12% 12%
11% 12%
13% 13
2 0 % 206.
20
20%
22% 23%
Do
pref. 16,730 13% July 27 28% Jan. l g
21% 23%
20 % 21%
22% 23%
22% SB7,
34,293
22
24
26
29%
Missouri
Pacific
Jan. 21
23% 24% 24% 23
1
6
% July 20
25% 20%
*12
13%
6 % July 26 37
Feb. i g
13
13
1,220
15% 1 « 'Mobile A O h io..
U
14%
*13
15
15% 15%
*60
70
55 Aug. 14
•<SG
70
*60
70 :.Va*h v . t liauaooosra AS t. Louie
‘ 65
70
*03
70
*60
70
f P r . IS
102% 102% 101% 104
9 ,So­ 92 .lult 26 11% Jnn. 2 5
103% 104
103% 104
103% 103> 103% 103% New York Central A Hudson.
14
14
9% July 1* 20% Apr. g
il,921
14% 16%
17% 17% Sew York Ohio. A Bt. Louis ..
17
17%
16% 19
17% 17%
*50
62
1.3(h) *5 ' July
eu so
66
66 1
Do
1stpref.
* ‘ 26 iS Jan. 23
Cl
09
67
68
*65
69
25
25%
25% 58
Apr. 5
30
3 0 ; 30% 82%
2 ,800 48 July 26 41
32
32%:
Do
2d pref.
29% 30%
14
14%
14% 14%
15% 15% Sew Y ork Lake Erie A West'n 16.285
14% 15%
"7% July 2<> 26% Jan. 2 5
15 V 15%
15
18%
420
15
July
26
58
Jan,
24
' ......... 30
*.*1
35
i
Do
pref.
30
30
29
29
‘ 29% '*20% 29% *00%
52% Jan.___
17
...... ..July 31 5
35% 3®%:.Vew York A Hew E n g la n d ... 91,006 10%
30% 31
30% 33
32% 35%
*191 195 '181 195
10.8
Sept.
28)262%
Jan.
l
g
*193
197
f
Sew
York
Hew
Hav,
A
H
art.
*192
*9% 10%
*9
10%
8
Aug. 3t: 38 Jan. 2 4
" ilil
11
1 1% S e w Y o r k * N o r t h e r n , p r o f . .
V i" Y i"
10 '10%
10% 1 1
15
15
15% 15%
35,503
_
.
II
July
IS!
19%
Jan.
20
16% 17%;Nrw York Ontario A Western
15% 16%
16% 16%
16% 16%
*13% 14
14
15%
15% 16%
16
1 0 V Sew York Bu*<j. A West., new.
15% 16%
13,352
July 27 21% Jan, 28
15% 16%
43
43
48
41
48%
47% 46%
Do
new pref
0 ,1 7 0 3 1
A u g . 1 8 H73% Jan. 23
47% 48
47
49%
47
..........
5 % July 31
9% Jan. 1 0
.................. Sorfotk A W estern..................
350
16%
July
10 39% Jan. 23
"si" "is * 2 1 " " i i " 22% '¥ 2 % '21% "'ii% 22
22
Do
pref.
7
7
7
7%
13.365
3% Aug. 19 18% Feb. 1 4
7%
7%
7
7% Sortbern Paolflo.............. .
8
7%
7%
8
22% 23%
22% 23%
Aug. 16 50% Feb. 3
24%
23% 25%
Do
pref 12,093 15%
......................
23
23% 23%
23
24
11 July 22 25 Feb. 1
.....
*16 ........ Ohio A M ississippi.....................
. . . . . . *16
*25 ” 50
25
M
ay 10 49 Jun. 25
50
•25“ 80
*25*'
50 Ohio S outhern....................
*25
50
•as ‘ S o ” *25
25
35
35
*25
"26
35
235 25% Oct, 10 84% Jan. 23
26
*96
35
26% 26% Oregon R*y A Navigation Co.
m
*5
«
6
0
6
920
9% O ft. 10 2-7 Jan. l g
6%
*5
) %
Oregon 6h, Lina A L tan North
0
0%
6%
*7
8
*7
8
l,24o) 4 July 26 18% Jan. 21
8
8
9%
8% Peoria 0*ca*tir A Evansville.
»%
8%
*8%
9
17% 18%
21%
829,519; 12 July 29 53% Jan, 25
22% 22% Philadelphia A Reading
21% 23%
21% 23
21% 23%
*14% 15%
15
Hill 11% Allg. 2 21% Jan. 24
*14% 16%
16
16% Pittsi'iirg Clan, Chio. A 9t. L.
15% 16
■1ft
10%
*48% 51%
51 % *49
209 40 July 27 62 Jan. 24
52
52
Do
pref.
52
51% 51% *31% *2
;3
3
3%
13
I % Aug. 10 i!l 12 Feb. s
13
3%
13%
4 Rich. A W. r . Ter'l, tr. reels. 12,80.7
13%
3%
:3%
4
*15
19
18
18
1,600 10 Allg. 24 ti1 43 Feb. 6
17
17
17
17
Do
pref., tr. rests.
13
17
47
17
.......
10 Oct. 5 22 Jan. 25
................ . Rio Grande W estern................
........ 40 Sept. 6 62% Jan. 28
..... ......
.................................. Do
pref.
*4
5
*4
7% Jan. i g
"5%
6 Bt. Louis Boatnw estern....... .
720. 3% July 31
4%
6%
3%
3%
*7%
8%
8%
8%
9%
8%
8%
10
10
Do
pref.
1,575
6 July 26 15 Jan. l g
9% 10
9%
24
SO
*24% 26
25% 25%
*37
29 St. Paul A B n ln th .....................
100 22 Aug, 19 47% Jan. l g
*26
28
*90 100
*95 100
.........: 00 Aug. 24 !108 Jan. 30
*95 100 1
90
100
Do
pref.
*90 10O
101 105 • lo t 108
Feb. 1 4
3 0 0 95
July 2 7 116%
:
101 105 ! 102% 102% T 03 107
104 104 gt. Paul Minn. A M anitoba..
17% 17%
17% 17%
4,220. 17% Sept. 15 35% Jan. 16
17% 17%
19
19-v eonthern Paolflo C o ............. .
18
19
18% 18%
Ha,
6%
7
6%
6,i)10
4 % .July 28 11 Jan. 19
8
8% Texas A P a o lflo .,...................
7%
6%
‘8
8%
8%
8%
10% 11
4,395
7 Aug, 0 40% Jan. 31
10% 11 % Toledo Ann Arbor A N. Mloh.
10% 12
11
12%
30
32
30
32
*30
32
25 22% AUg. 29 50 Jan. 1 7
35
36 Toledo A Ohio Central............
35
35
*32
33
*63% . . . .
63% . . . . .
63% 63% *63% 75
200 63% Oct, 24 85 Jan. 7
7b
70
Do
pref.
*64
70
17% 17%
17% 17%
17% 19
18% 20
18% 20 Onion Paolflo........................... 2 0 , 2 6 0 15% July 26 42% Jan. 27
19% 190*5%
8%
*5%
6%
8%
1,137
5 July 26 18% Jan. 10
7
6 Ts
7 Onion Paolflo Denver A G ulf.
*0%
7
7%
7%
*0%
7%
1,699
5% July 31 1 2 % Feb.
.. _
6%,
9%
5% Wabash..................................... .
6%
7%
8
8%
8%
15
15%
14% 15%
15
16
8,050) 9% July 20: 26% Feb. 7
16
17
46% 47%
Do
pref.
16% 17
*13
14
12% 12%
9,495 10 July 26 23% Jan, 17
13% 14%
44% 1 5 % Wheeling A Lake Erie.............
13% 14
14% 15%
44% 44%
45
47%
47
48%
2,2751 31 July 27 67% Jan. 17
48
68 V
52% 53%
7
52%
Do
pref.
‘ 4 ?b 5%
•4%
5%
5%
610
4% Aug. 16 15% Jan, 23
*4%
5%
6
6 Wisconsin Central On..
5%
5%
5%
18% 18%
18"% 20
2%
-H
2%
2%
*2%
66 % 63%
69
69%
69%
•72% 75
73% 73% *73
49
49% 50
50% 50%
110% 111% 112% 120% 118
16
lti'% 16 %
16% 16%
*136 112 *136 142 ,*136
50
81% 80%
52% 81%

35% 30%
36%
72% 72%
74
93%
. . . 95%
.
91%
88% 89
8 »%
78% 78% 79
*94% 08
»
59% 60%
60
*11
13
‘9
24% 24% 25
lit
185
135
32% 33 % 32%
44% 45%
44
12*
25
124 %
* t*«
52 * ;4S
2 0 % 2 0 % , 26%
72
72%
72
*5%
5%
5%
*3

11

15
If. i
* 7 0 % ........ :
.1
14% 14%.
*31
33 I
88% •**%!

37
74
97%
91
80
!? . '
61%'

J lis c e il a n e o u a N tocfc*.

37
37 % 37% 3~%
37% 38%
38
36% American Cotton OU C o.........
9,750 24 July 26 51% Mar.
74
74%
75
70
76
76 I 76
77%
Do
pref
3,400 50 July 26 84 Feb,
87% 101% 101 104% 1 0 1 % 1 0 3 V H'1% 103% Am. SugarReLCo ................... 285,915 61% July 81 134% Feb.
90% 93%
92% 94
93
93%
92% 92%
Do
p ref.
9,801 6 6 % July 31 104% Jan.
80
80%
„81
85%
84% 87
86% 83
American T obacco C o ...........
6,648 43 July 31 1 2 1 Jan.
770 75
31 110% Jan.
100
99 100
..... ,
pref.
... 1July
LJ —
Do
........
93
99% l o„ o„
60% 63
61% 64%
03%
67% 66% 0"% CUtougo Gas Co., trust ree'ts. 169,752 39
July 31 94% J an.
11 > 11% 12
12
13
*11
14
12
18% Colorado Coal A Iron D evel..
500 8% Aug. 29 25% Feb.
26 j 25
26
26
26%
2,645 17% Aug, 15 72 Feb.
26*s 28 ! 26% 27% Colorado Fuel A Iron ...........
137 i 135% 137
July 27
4,863
* 108
......................
.. 1 11 Jan,
136 136% 136 136% 134% 155% Consolidated Gas C o...............
34 i 3(>T* 32%
12 Ju ly 31 66% Jan.
92.559
32
33%
32
33% 3.
33% D islllin g A Cattle Feed'g Co.
45%
39,096 30 July 29 114% Jan.
46% 40%
1» « 47V
48% 50 General Elect rlu Co .......... .
49 % 52
25 : 123% 24% -.7 4 %. 2 0 %: 3 6
29% ;28
29 (National Cordage C o ,,n e w ... 22,613 17 Aug. 25 iU47 Feb.
52 ;* ;4t*
53
1,595 122 Aug. 23 1 1 8 % .Tim.
;63% 05%
Do
pref.
‘. 48
52 . ;58
64
27 ! 26% 27%
28%
2«%t National Lead C o . . . . .............. 16,1)02 18% July 27 52% Jan.
27% 28% 28%
29%
72%
74% 76 ■ 70% 77%; 78
0,444 48 July 26 96 Jan.
79%
79% BO j
Do
pref.
5%
2% Aug. 16 1 1 % Mar.
5%
5%
3,589
5 % 5% North American C o.................
5%
5%,
5%
5%
*8
11
8 Aug. 28 21% .Feb.
1,230
S»
11 . 11% 11%
11 % 1 1 % Oregon Im provem ent C o .......
*8
<5
15%
B% July 27 27% Jan.
3,065
17%
17%
16%
18
16%)
1 0 % 16%j Paolflo M a li..............................
IS
*7 0 %
1 *7 i
5,000 52% Jan. 18 70% Apr.
‘ 72 ......... *72
7 1-% 72% Pipe Lino Certificates............
132
Aug. 1 206 Apr,
l 172 172% 173 175
2,937
174% 176
174% 176 (Pullman Palace Car C o . . . . . . .
02 June 29 84% Jan.
30.00
i 7 3 % 73%; *73
74
................... Silver Bullion Certificates—
14% 14% | 1 m if. ; 15% 16%
10%
Aug Hi 37% Jan.
5.310
16% 16% Tennessee Coal A Iron . . . . . . .
16% 16%
59 J ul v 3 1 102 Jan.
......... .......
Do
pref.
3 ) % 32
40% United States R ubber C o.......
1,801 17 Aug. 17 60% A pr.
31
3 1%
32% 32%
33
:s*-% 34
90% 92 V West-HI Dlt Ilf I ' mgr, li b ... . 157,'*00 i.7% Julv 20 in 1 Jan,
* 4 ^ §?% ! 8«7* fib V «!>% 0 2
r Ex dlv.
8 Old certs,
f First instalm ent p all.
12d instalm ent paid.

1
6
19
3
3
21
7
14
20
3
16
10
20
21
20
29
3
2
8
12
14
14
31
IS

20

[V ol . LTVII,

THE CHRONICLE.

712

NEW YORK STOCK EXCHANGE PRICES (Continued)—TiVACTWE STO CKS.
Ocl. 27.

I n a c t iv e Sto c k s .
U Indicates unlisted.

Bid.

R a ilr o a d S to c k s.
Albany & Susquehanna.............. 100
Belleville & South. 111. pref.......100
Boston & N. Y . Air Ihne p re f.. 100
Brooklyn Elevated 11....................100
Buffalo Rochester & Pittsburg. 100
Preferred.......................................100
Burl. Cedar Rapids & Nor......... 100
Central Pacific................................ 100
Cleveland & Pittsburg................ 50
Des Moines & Port Dodge--------100
Preferred..............................
100
Duluth 8o. Shore & Atlantic H.1 0 0
Preferred H................................... 100
Flint, & Pere Marquette...............100
Preferred.......................................100
Georgia Pacific Trust ctfsU— 100
Gr. Bay Win. & St. P. tr. rec___ 100
Preferred trust rects................100
Houston <fe Texas Central......... 100
Illinois Central leased lines— 100
Kanawha & Michigan..................100
Keokuk
Des Moines................. 100
Preferred....................................... 100
Louisv. Evansv. <fc St. L. C ons.100
Preferred.......................................100
Lou. N. A. & C'hic ,p referred .. 100
Mahoning Coal............................... 50
Preferred...................................... 50
Mexican N ational......................... 100
Morris & E sse x.............................. 50
IN. Y. Lack. A: W estern................ 100
Norfolk Ar Southern.......................100
Peoria & Eastern...........................100
Pitts. Ft. Wayne & Chicago-----100
Pitts. A? Western p f...................... 50
Rensselaer & Saratoga................100
Pome W a t .O g o e n s h u r g h ___ 100
6 t. Uiuis Alton
Ter. H aute...10o
Prefe rred......................................i (‘0

160

Range (sales) in 1893.

Ask.
170

Lowest.
150

Highest.

Aug. 1 6 5 % Feb.

102% Jan.
98
20% 21% 19
Aug. 4 1 % Jan.
: 29%
2 1 % Sept. 37 Jan.
71
70
Sept. 8638 Jan.
77
50
45
21
22
16% July
2 9 % Jan.
;i 4 7
135 July 157% Jan.
6%
7
4 July
9% Jan.
22
40
22
Feb.
2 4 Mar
5
14%
Jan.
! 7
July
T ’e
17
....
11 July
32 Jan.
; 16% 1S% 14% Sent. 23
Jan.
44
Aug.
45
77 % Jan.
3
6
14% Jan.
5 July
:
7% ___
11
3
2 % Aug.
7 % Mar.
2%
88
86 Juue 91 Feb.
8% 1 0 ^ 10 Sept. 14% Jan.
3%
5 7S
10
10 July
28 Apr.
9
4-71q Feb.
: 4i
41% 38
Oct.
45
Oct.
100
105
May 105 May
136 ~
.........
99%
50
50
4
7
3
148
140
; 32
33% 25
160
150
1C 6
99%
109
20
SO
20

* No price Friday; latest price this week.

Aug.
Aug.
June
Aug.
July
Aug.
Aug.
Aug.
Aug.
July

163 “
114
60
9%
156
42%
179
112%
37 %
150%

M ar.
Jan.
Feb.
Jan.
Feb.
Apr.
Feb.
Jan.
May
Mai

(% Indicates actual sales.J
Ocl. 27.

I n a ct iv e Stocks .
IT Indicates unlisted.

Bid.

Toledo Peoria & W estern........... 100
Toledo St. L. & Kansas City U
Virginia Midland........................... 100

........

Range (sales) m 1893.

Ask.

Loicesl.

.........

14
8

Highest.
14
17

May
May

M is c e lla n e o u s S to c k s .
Adams Express...............................100 144
150 134 Aug.
American Bank Note Co If................ 1 47
50
American Express........................ 100 f l l 2 1100
Aug.
Amer. Telegraph & Cable.......... 100
86% 87% 6 5 % Aug.
Brunswick Company....................100
4 June
Chic. June. Ry. & Stock Yards. 100 : 90
8 0 May
Preferred.......................................100
93 % Jan.
Citizens’ Gas of Brooklyn......... 100
55 Sept.
Colorado Fuel & Iron, pref........ 100
8 0 June
Columbus & Hocking C oal.........100 t " 9 *
5 July
10%
Commercial Cable......................... 100
180 Feb.
Consol. Coal of Maryland.......... 100
33
26 May
28
7 1 % Aug.
Edison Electric Illuminating.. .1 0 0 u o o
Interior Conduit & Ins. C o .........100
40
Aug.
9% Aug.
Laclede G as..................................... 100 ; i6 % 17%
Preferred.......................................100
70
65
4S
Aug.
20
25
Jan.
Lehigh & Wilkesbarre Coal 11 .
25
55
Aug.
Maryland Coal, p ref......................100
60
55
Michigan-Peninsular Car C o ... 100
92% Sept.
Preferred.......................................100
7 7 % Aug.
Minnesota Iron...............................100
60
64
Mar.
National Linseed Oil Co.............. 100 ; i8 % 19
14 % July
12
National Starch Mfg. Co............. 100
6 July
8
6 Aug.
8 . 10
New Central Coal........................... 100
Ontario Silver Mining..................100 :
7 Sept.
7
Pennsylvania Coal....................... 50 260
P. Lorillard Co. pref..................... 100
82 Feb
40
60
Postal Telegraph—Cable If. . . ,
Pullman Palace Car r ig h ts ...
1 3 Hi May
2 Mar.
Quicksilver M iniug........................100
3
1%
12
Mar.
Preferred.......................................100
7% Oct.
Texas Pacific Land Trust.......... 100
9 " i'6 %
52
56
U. S. Express..............
100
45*2 Aug.
U. S. Rubber preferred............... 100 1 85% 89% 51 Aug.
125 Aug.
135
Wells, Fargo E x p r e s s ................. 100 120

May
Jan.

160

Jan.

120%
92 %
9%
108
93%
109
111%
29 %
185
31
131
71
26
74 %
25
67
106%
1 0 0 7s
69%
41
3430
11 %
19
300

Feb.
Feb.
Apr.
Jan.
Jan.
Jan.
Jan.
Jan.
Mar 5
Jan.
Feb.
Jan.
Jan.
Feb.
Jan.
Apr.
Jan.
Jan*
Jan.
Jan.
Jan
Jan.
Apr.
Mar,

83 %
16%
3%
20
13%
70%
99
150

Feb
May
Feb.
Feb.
Feb.
Jan.
Jan.
A p r.

t Actual 6ales

NEW YORK STOCK EXCHANGE PRICES.—S T A T E BO ND S O CTO BER 2 7 .
SECURITIES.

Bid.

Alabama—Class A , 4 to 5 ........1906
Class B, 5 8 ................................1906
cuj rency funding 4 s............. 1920
Arkansas—6s, fund. Hoi. 1899-1900
d ). N'm-Holford
7s. Arkansas Central E R .............

New conols. 4 s....................... 1914
Missouri— Fund............... 1 8 9 4 -IS 95

97
”92%
130’
5
2
no
94

Ask.
100
96*
96
10
10
97

SECURITIES
New York—6s, loan...................1893
North Carolina—6s, o l d ........... J&J
New bonds, J & J ..........1892 1898
Chatham R R .....................................
Special tax, Class 1........................
Consolidated 4 s ...................... 1910
6 s ..................................................1919
Rhode Island—6s, cou .. 1893-1894
South Carolina—0s. non-fund.1888

*Seyt York City Bank Statement for the week ending June
50, 1893, is as follows. IVe omit two ciphers (00) in a ll cases.
Ba n k s .
(OOb omitted.)
Bank of New York.
Manhattan Co..........
M erchams’...............
Mechanics’ ...............
America..-----. . . . . . . .
P tienix.......................
City.............................
Tradesmen’s.............
Chemical....................
Merchants’ Exch’ge
Gallatin National...
Ratchers’«£ Drov’rs’
Mechanics’ & Trad’s
Greenwich................
Leather Manufac’rs
Seventh National...
State of New York,
merman Exch’ge. .
Commerce.................
Broadway.................
M ercantile................
Pacific........................
Republic............. .
Chatham...................
People’s.....................
North America........
Hanover....................
Irving....................#.
Citizens’....................
Nassau.......................
Market tfc F ulton...
8t. Nicholas..............
Shoe <fc Leather.......
Corn Exchange.......
Continental..............
Oriental.....................
Importers’ <fc Trad’s
Park...........................
East River...............
Fourth National---Central N ational—
Second National---Ninth National.......
First National........
Third National........
N . Y. Nat. Exchange
Bowery......................
New York County..
German-American..
Chase National........
Fifth Avenue...........
German Exchange,.
Germania..................
United States..........
Lincoln......................
Garfield.....................
Fifth N ational---Bank of the Metrop
W est Side..................
Seaboard
.......
Sixth National.........
Western National..
First Nat., Er’klyn.
Southern National..

Bid.

2,<$30,0
2.050.0
i ,000,0
2,uUO,0
3.000.
1.000.
1.000.
750.0
300.0
600.0
1.000.
300.0
400.0
20* ,0
600.0
300.0
1.200.0
5.000.
5.000.
1.000.
1,000,0
422,7
1.500.0
4 50,0
200.0
700.0
1,000,0
600.0
600,u
500.0
750.0
500.0
500.0
1.000.
1.000.
300.0
1.500.0
2,000,0
250.0
3.200.0
2,000,0
300.0
750.0
500.0
1,000,0
300.0
250.0
200.0
750.0
500.0
100.0
200,0
200,0
500.0
300.0
200.0
200,0
300.0
200.0
500.0
200.0
2.100.0
300,0
1,000,0

$
2.047.2
1.860.3
1,013,8
2.126.7
0
2,257,1
0
470.3
0
2.635.7
205.0
7.221.4
196.0
0
1.589.3
318.3
441.1
172.0
570.2
121,6
508.2
0
2.272.0
3.664.3
0
1.614.1
0
1, i 3",4
459.6
943,9
926.7
335.0
638.3
1.895.1
318.8
471.2
298.1
824.5
151.9
277.8
9
1.283.5
271.4
0
431.7
5.796.3
3.094.1
144.9
2.022.8
606.1
531,'?
348.8
7,230,0
130.2
166.8
546.4
559.6
317.3
1,198,7
984.0
599.2
569.2
543.5
438.6
481.1
318,5
733.2
290.2
234.2
350.0
280.2
842.4
182.0

Loans.

Specie. Legals. Deposits.

11,20”,0
12.677.0
6.277.4
8.173.0
14.459.1
3.635.0
14.489.5
2,3*2,5
23,35<f,0
3.443.0
5.395.7
1.687.6
2.513.0
1.200.5
3,101,9
1,592,*
3.305.2
16.753.0
18.316.1
5.004.6
7.183.8
2.998.0
9.689.8
6.148.8
1.999.7
5.151.6
13,092,4
2.675.0
2.684.3
2.670.4
4.170.1
2.201.1
2.638.0
7.858.2
3.604.8
1.812.0
20.540.0
21,053,7
1.097.7
16.389.6
7.095.0
5.077.0
3.066.3
20,502,3
5.010.8
1,490,2
2.960.0
3.199.1
2.591.7
10.988.0
5.481.7
2.858.1
.2,816,4
4.852.8
5.266.8
4.016.9
1,861,0
5,000,9
2.299.0
3.784.0
1.711.0
8,525,6
4,577,8
2.653.5

1.770.0
940.0
1.342.0 2.480.0
828,3 1.322.1
7o;,o
903.0
1.448.7 1.979.0
476.0
564.0
6.043.1 1.981.0
3U3.4
301.5
4.250.0 2.097.0
823.2
463.2
574.3
744.7
239,9
301.3
217.0
385.0
158.2
132.3
390.0
242.3
252.3
364,1
57,8
495.4
1.015.0 1.234.0
1,525,9 1.569.5
1.016.3
476.8
643.6
772.8
153.1
610.8
1.621.1 1.032.5
828,0
698.6
398.4
169.1
656.7
423.5
3.637.3 1.252.1
333,9
371.7
350.2
417.8
245.9
440.9
471.2
369,4
389.2
191.3
574.0
345.0
1.049.8
837.0
983.5
481.9
177.6
504.7
4.253.0 3.398.0
6.018.5 2.194.0
242.3
98,5
3.608.1
704.0
913.0
907.0
724.0
834.0
435.0
829.0
1.455.2 2.837.1
283.4
1.107.5
226,2
90,4
392.0
518.0
87,4
760.0
311.8
365.8
3,229,1 1.082.1
598.2
988.7
163.3
604.5
354.8
332.7
471.5
1.339.8
679.8 1,208,3
1.183.5
442.8
276.4
292.6
795.9
855.0
413.0
298.0
559.0
617.0
192, t
276.0
587.2
2.172.5
1.160.8
237,8
255.5 1 300,2

$
9.860.0
13.578.0
8.284.2
6.244.0
13.799.2
3.228.0
19.280.3
2,461,6
21.953.0
3.902.3
4.591.5
1,832,9
2.605.0
1.138.4
2.532.8
1.739.2
2.463.6
12.121.0
11.903.8
4.390.6
6.507.5
3.383.9
10.434.2
6.237.2
2.887.2
4.745.3
14.524.9
2.548.0
2.975.8
2.871.5
4.151.0
2.340.4
3.193.0
7.470.3
4.369.4
1.970.0
22.141.0
25.145.0
999,2
15.640.3
7.493.0
5.977.0
3.638.5
17,701,5
5.239.0
1.360.3
3.265.0
3.553.5
2.390.8
13.245.0
6.157.5
3.224.9
3.295.9
5.865.4
6,393,3
5.201.6
2.046.0
6.060.5
2.520.0
4.273.0
1.574.0
8.898.5
4.848.0
2.258.9

TrttH.1___________ fln.422.7 71.594.8 414.400.2 eo.ftsojjUo.e ?».o 418 925.6
L_*NOTE.—No detai ed aiaituneut iitut Deeu lssueu since June 10.

Bid.

A rt.

T en n essee-6s, old..........1892-1898
6s, new b o n d s ..........1 8 9 2 -8-1900

60
60
60
70
100
100
70

......

Compromise, 3 4 -5 -6 s ........... 1912
New settlement, 6 s ............... 1913
5 s .................................................. 1913
3 s .................................................. 1913
Virginia funded debt, 2 - 3 s ... l 9 9 l
6s, deferred bonds..........................
6s, deferred t’st rec’ts, stamped.

5
7
98
2

107
71

5
5

7%
6%

New York City, Boston and Philadelphia Banks:
Ba n k s .

Capital Surplus

30
10
15
3
2%
93
115
100
1%

SECURITIES.

Ask.

N. Y o rk .*
Sept.23---“ 3 0 ....
Oct. 7 .. ..
“ ] 4 ---“ 21---Boston. *
Oct. 7 ....
“ 1 4 ....
“ 21 ...
P U iln.*
Oct. 7 .. ..
“ 1 4 ....
“ 2 1 ....

Capital A
Surplus.

Loans.

Specie.

$
132.017.5
132.017.5
132.017.5
132.017.5
132.017.5

S
392,145,6
392,494,4
393,341,8
395.716.0
394,c39,7

$
78.662.4
80,786,2
84,372,7
90.379.4
95.718.5

64.642.9 150.431.2
64.642.9 152.696.3
64.642.9 153.444.0

9,348,7
9,5»0,6
4,560,2

35.810.3 101.344.0
35.810.3 101.043.0
35,H1\3 99,950,0

Legals. Deposits, t Circ'Vn Clearings.
$
34.934.3
41.079.4
44.305.0
46,630,7
52.344.0

$
138103 411.866,7
143956 420,624.6
14940 » 514.214.2
149568 484.649.2
146906 504,930,0

7,049,2 132.745,6 9,336,6
7,388.1 133,661,8 m,3 31.4
7,671,0 136,252,0 9.355.0

90.043.3
78.2 i 8,0
77.100.8

93.898.0 5.856.0
94.479.0 >,862,0
93.621.0 5.884.0

62.497.2
52.209.9
59,833,8

26,4 23.0
28,7 -6,0
29,0 13.0

* We omit i mo ciphers in aU these Mures.
delpbia, the item “ due to other banks.”

$
38’ , 947,0
390,98-.1,4
4u0,195,9
412,456,*
421,686,9

+ Including, for Boston and Phila

Miscellaneous and Unlisted Bonds.—Stock Ex. prices.
M iscella n eou s Bonds.
Cli, Juu.& S. Yds.—Col.t.g ,5s
Colorado Fuel—Gen. 6s..........
Col. & Hock. Coal & I.—6s, g.
Consol’n Coal—Convert. 6 s ...
Cons.uas Co .Chic.—lstgu.5s
Denv. C. W at.W ks.—Gen.g.Ss
Det. Gas con. 1st 5a.................
East River Gas 1st g. 5s........
Edison Eloc. 111. Co. —1st 5s .
Equitable G. <fc F.—1st 6s___
Henderson Bridge—1st g. 6s.
Hoboken Laud <& Imp.—g. 5s
Mich.-Penin. Car 1st 5s, g ___
Mutual Union Teleg.—6s g ..
National Starch Mfg.—1st6s.
Northwestern Telegraph—7s.
Peoria Water Co.—6s. g .......

95 a.
102 %b.
80 b.
* 30 b.
87 Y u
105 %0.
105 b.
106 b.
90 b.
9*

a.

M isce lla n e ou s Bonds*
People’s Gas & C. 11st g. 6s. 100 b .
Co., Chicago---- 5 2d g. 6s.
99 b.
Pleas. Valley Coal -1 s t g. 6s.
Procter & Gamble—1st g. 6s
.
Sunday Creek Coal 1st g 6s..
Western Union Teleg.—, * . 110 b.
Wheel.L.E&P.Coal- 1st g 5*
70 a.
U nlisted Bonds.
Ala. & Vicks.—Consol. 5 s ,g .
Vicks. & Merid.ist 6s . . . . .
Atlanta & Chari.—1st 7s___
Comstock Tunnel—Ino. 4 s ..
ft b.
Geo. Pac—1st 6s g. ctfs........
90 b.
2d mort. income..................
Consol. 5s, g. c t f s ..............
35 b
Income 5s. ctfs................... 9 b.
Mem. A;Chariest m—Con. 7 g

N ote.—“ 5” indicates price bia; “ a ” price asked. * Latest price this week

Bank Stock L is t.--Latest prices of bank stocks this week,
BANKS.

Bid.

Ask.

190

195
150

210
Butchs’&Dr. 170

*50

BAN KS.

Bid.

115

Chase............ 450
Chatham...... 122 400
4C00 4800

Germania.... 300
160
Hanover....... 300
Hud. River.. 150
Im.& Trad’s’ 560
145

Columbia— 200
Commerce... 174

275
178

Lincoln........
Manhattan..

Corn Exch.. 250

280

145

IbO

2000

AbK.j

1Mechanics’ .. 16 >

350
800
155
240
190
240
230

140
no
450

130
560

BANKS.

Bid.

N .Y .N at.E l 110
105
19th Ward.. 140
N. America. 150
200
Pacific......... 175
Park............. 280
People’ s ___
118
Republic.... 155
Seaboard. . . 173
300
Seventh ___ 2.25
107

Tnird..........

m

2500
Fourth........ 200%

Nassau.......... 160
New Y ork ... 220

.........

Western . . . ioo

a

a*

125
112
250
305 .
...mm
125
165
__. . .
• ....
120
100%
100
225
112

THE CHRONICLE.

October 28, 1898.]

718

BOSTON*, P H I L A D E L P H I A A N D B A L T I M O R E S T O C K E X C H A N G E S .
A c tiv e S t o c k ! .
I Ind ies© * unlisted.
A tell. T. A S. Fe (B o ito n j.l 00
A ’..
AS
■■
100
-BaitiBiage * Ohio fBait. J.100
1st preferred
“
100
•id preferred
«
10 0
Baltim ore Ttue’n -fP htt.j. 25;
Bo.i! on * Albany tS a tloa j. 100
Boston A L ow ell
“
100
Boston A Maine
“
100
Centre; o f MAM.
**
100
Preferred
“
100
■Ciiic.Sar.AQttiu.
“
100
C h i.. Mil. & St. F. t n u . ) . l 0 0
Chic, A w. Ml©h. / B op on 1 . 100
Cieve. 4c Canton
“
100
P referred ....
"
100
F.t.-h'.are pref.
"
100,
Hunt. A Br. lo p .fP k U a ) . S0 !
Preferred
••
50.
Lehigh Valley
“
50
Alain© Central (Bostan)AOO
Metropolitan T ree,( Phil). 100;
A le jtfcam ff m i’M. Batten./ . 1 0 0 ,
K. Y. A 8 . Bag.
•*
100
P referred___
“
lOo
Northern Central (B a lt,), 50
Northern P m M eim U a .t.1 0 0
Preferred
«
100
Old C o lo n y .... fB atten/.M O
Pennsylvania... (P M ia .). 50
Phiia icl. A t r ie .
•<
50
Pfetla. * Reading
**
so
PoUmielpBla fr e e . "
50
NUBiailt Branch (BoU ant. 50
Union Pacm.5
••
100
United Cor. o f N .J.rPA «a.) 100
W*M*n,N. Y.APW PAtloD.100
d iio u e it it n e o a * m o c k s ,
Am.S ogteBeflo.* fB o t»m t.......
P referred ,.___
»
B e ll T eleph one..
*•
100
Most. A Montana
»*
25
B u tte * B oston ..
“
25
Calumet A H eel*
“
S5i
Canton, C o ..........
OMMMld»tr-i<;**
«*
loot
Krte loiepherae Boston).l<*>
Geuerul Electric.. •*
lo o
Preferred______ •*
lo o
Lain
Store ifer. “
50
LeitHl CoeUtXa* 'PA O ./ SO
> .Bag. Telephone r N'wrnAOO
North A m yriesn. tPAU .j, 100
W iM tB adLand.. f .Bosi'n). . . .
* Bid and asked o o c m ;

Inactive Stock*.

HT* 8 lia r© P r i c e * — n o t P e r C e n t u m P r i c e * .
Oct. 21.

M onday,
Oct. 23.
18 Te 20%
*03

.........I l l
17
17
200“* . . . . .
173 178
149 140
* 1 3 % .......
48*4 -18*4
SO1# 8o*«
s ir * <io%

*78
32%

17
•200%
176
140
*13%
*48
*0%
59%

125

Oct. 24.
19% 21
2*4
2%
*63
71
.........125

17%
17
201
201
176
177
149
14u
14% *13%
*48
82
81%
60%
01%
*%

•a**....
78
78 *4
. . . 30

79
33%

32%

34%

34*#

*2%

Oct. 25.

O c t 26.

20 % 2 1 %
* 2 % .......

20%

21%

74%

71%

*71

' ........ I l l
17% 17%
17% 17%
202 203% 203 203%
178
178 178
180 180
140% 150 150
153 155
...
13
13% * 1 3 % .........
. ..
*48 ......... *48 .
84%
83% 86%
84*8 86%
63%
02% 64%
63% 65
17%

202

-6 2 % .....
*2% .....
79% 82
*34% 36
......... 60
36%
35% 30

79
35%

......... 112

9 f«*

110

97%
7
30%
65

99
7
30%
63
e*
68
7*» '* 7 %
7%
23% 21%
23*4
175 173
174
50%
50% 50%
25% *23

T S'

.........
7*«
22%
171
50 %
25%

% “Sfc

10%

77%
«%
17% " l7 %
17%
*223 ......... 223
4%
4*4
4%

99% 101%
7%
7%
30% 32%
65
63
67% 6 '%
7%

24%
175
51
25%
10%
y ii*
78%
6%
*6
18%
18%
224
'* 4 %
4%

97% 104
04% 97 ,
91
93
83% HI
138 100
101 192
21% 24%
24% 24%
7% Tlt,^
3
8
*270 277
277 277
*05
72% ' ......... 72%
39
59%
» « % 50
41*4 411*
42
42
45% 47%
44*4 45
75
75
17
17
10%
16
17
*40*4 50
50% 50%
1 9 s 50
•f .*2
*52 .......
*62 .........
5%
5%
*5% m i
5%
5%
13% 13%
13% 13%
13% 13%
no eale ItM made.
Bid.

72

8%

2 4%
175
61%
25%
11 %
83%

**62%
2%

2%

80
81%
35% 35%
*......... 60
36
3S%
110 110
99% 101
7%
7%
32% 35%
68% 70
63
68
7%
8%
21
24%
177 177
51% 52
*25
26
101%* 11%
82
83
*6

.........

18% 18%
19%
224
224 224
4%
4%
4%

O c t 27.

Salea
o f the
Week,
Shares.

Range of sales in 1393,
Low est.

Highest.

85,274 12% July
36% Jan.
75 115ls Aug,
4% Jail.
*72
75
8 56% July
97% Jan.
120
125
125 Sept,
135 Feb.
*110 115
no
a u K.
122 Jan.
17% 17%
4,685 16% Aug.
29% Jan.
203 204
363 195 July
227 Feb.
181 182
1 8 0 1 7 0 May
200 Feb.
152 152
305 130 Aug.
178 Jaa.
15%
14
710 10% July
22% Feb.
53%
52
239 40
*~ Jan.
*
63% Feb.
85%
38,118 69% July 26; 103% Jan.
04% 03% 25.420 46% July 26; 8 3 % Jan.
2 0 % July 27 49% Feb.
50c. Sept. 19, 6 Feb.
15
2% s c o t. 16 19% Feb,
81
81%
729 69 July 31 95 Feb,
35
35%
350 29 July 31 40% Jan,
49% 49%
10 48 Aug. 16 56 Jan.
37% 38
5,747 29% Aug, 8 62 Jan.
no
110
4 110 Oct. £6 130 Feb.
99% 101
7,234 69 Aug. 1 150% Jan.
____
583
5 June 29 13 Jan.
35% 36%; 37.463 17 July 31 52 Jan.
69% 70 i
675 44 July 19 102 Jan.
*67% 63%,
16 66% July
70% Jan.
8
11.730
........
3 % AUK.
18% Fob.
24% 25 j 3,169 15% Aug.
50% Feb,
177 177 I
70 165 Aug.
221 Feb.
51%
3,638 46% July
65% Jan.
200 20 Sent
4 nI \ . 6.
----35 Jan.
a
183,702 6%* July
26% Jan.
79*% ' l l *
4.657
* ***** l58...........
Aug.
142% Feb.
100
5 July
9% Apr.
18^6 19%
4,714 15%-------,
Juli­ — 42% Jan.
*221
33 316 Aug. 3 0 832% Mar
4% " i %
683 3% July 25
7% Jau,
21%

22%

16
14
27
13
18
24
6
6
26
14
1*
21
23
3
3
3
6
12
9
27
6
28
16
17
13
23
6
6
6
27
18
2
8
12
2 7

13
24

101 104% 101% 103% 102% 103% 71.778 e s July 31 134% Feb. 6
93
93%
93
93%
92% 93
3,342 80% July 31 104% Jan, 19
193% 105
192 193
193 195
618 166 July
212 Jan. 27
24% 24% 24% 21%
24% 25%) 6,163 15 July
34% Jan. 18
8%
8%
8%
8%
5 July
8%
8V
3,946
12 Jan. 17
277 277
277 £77
24 247 July 31 320 Jan. 21
■......... 72%. •......... 70
*55
63
65 Slay
72% Jun. 18
5 9 % 60
60% 60%
89% 60%
2,037 50 July
65 A pr. 10
*42% .....
41% 42%
42% 42%
111 36% Aug.
50% Jan. 16
46% 49%; 49% 51%
43% 50% 11,219 33 July
l 1 1 1% Jan. 16
......
130 4 1 Aug. 1119 Jan. 18
17%
I ?
257 1 2 % July
26% Fell. 20
50% 51
51% 51%
51% 51%
533 46% Aug.
5 4% Feb. 2
*52 ..... , *52 .........
47% A uk.
61% Jan. 20
5%
5%
5%
5 1 ” ¥ % " B%
2% A tig.
11% Jan. 23
2.3*8
13% 13%
18% 13%
14
14
275
9% July
18 Jan. 4

Inactive stocks.

Atlanta « Chute,tus JfeM.1.100 ........ 85
A t.T b ».B -0 ".1X o-yr?Ig?.?6«9, JAJ
B . i t o a * iP re v i •!.-ace (BeMo... .100 ...................
2d £% 1 -. K.. I W . A .. 1989, A d o
! den A A tanlle p f. iPAUa.). 60 20
22
J;-,
,
**4* ■* *••— . . . . . . .
5 0 ...........
5
Vi: tiu-rt ... ... ............ .....1 9 3 9
i ? n E Z tiZ Z ? .........
"
52
60 *YA" Burl. *.M o . B tv e r E ie n iu U%J*J

Bid.

Ask.

B ond*.

Bid. Ask.

I’ efkloiaen, 1st s e r .,5 « .i» 1 3 ,Q ~ j|

...
'•*,
, 30%
.* .**
7 ....
'r i l l

.........
......... I’ntlaJkRrtegen. S£. S g .1 9 2 0 , A AO;
40
«**
© » . m en ' . 4U
* ........... 1920, A AO
._...
1 UHa.y
:.:., A Bead,
_
i’
Kci.l. new
...... 4' g.,
■ '1958.
‘ JAJ
’**' “ • 71
71%
59%
1st nref. Intsome, 5 k , 1958, Feb 1
56%
35% 36
1112
12
2d pref. incom e, 5 ** 195v. Feb. 1 12 5 % .........
19%, 20%
o t& i
1^
. t o ™ : r SS
p r ^ M . T . ™ . v . v . v . i 9 i so ; j " i ' l . \ 0. : ........
3 .1 i .« r .
• O ^ ^ r u f i Ul
tua, \ fSS- ..................... Chle. Burl. A Nor. I s t S .m t j. A * p J....... . 1 0 0
124% ’ i £4%
Consoi:¥oV^V¥7.7.V. lS U lV j^ ) Vi
V-9BR«s0tliTII di i ’iftle (iKMWllhlOOl
2<1 BWHt.
08
(\hibaI mntf tier
t o t I i t»n 11
115 115%
C onnecticut R iv e r...
••
100 220 .........
Hem-mur© 6 * " J . 1806 J .tl) ' " I . . .V '..
“ 99 I.........
92 ' .........
5 2 % _____
20 30 .
K. City Mem. A Birm.
**
100
* \ » * o - r a l *7
6
11'^;,. -MA.*,' •1 1 6
Little B chcylklll........ (PMU0 . 50
62 ......... J rM .E llt.A M .V .,l»2 6 4 .1 9 3 3 ,A * 0 ' 17
Stiunbester A La w .. i/*>«%m,100 ..................
U n .l^ .f e .d ls t e*
1933, AAO 113%
M aryland C en tra l....
a io it ) 50
......... R .f..C .A h p n n K ..l* tA g ..l9 ^ ,A d :0 •. . . .
Sits© B in A 8. Haven <i>Ada.). 50
......... K a F B .4 M . e o n .6*. 1928. KAN h .. .
•N*»«i oehc nlog Val. . . .
**
s<> S3 ........
lSir..l«t.58,192?,M A8 ' !25
Northern N. f i ............tBmtan)
North Pennsylvania. U'Ailu.,
Oregon » h » n tin ts...tB a etm )
Pennsyivanla A x . w . •ft.uo.,
P.atUnd....................... IBoetom
Preferrw!.............. .
___ _______________|________________________________
■9 tabeard A B naaoke* (BaM.) l o o t
.........
leteoneoi.lu(<omes 7 ? g . coimwmb.
............ . *'
100. .........(..........
2 dcun*ul. Incomes, 3s. nus-etim.
w 8 * 5 £ : | ................. . m t ' m h 50
07
37% N. Y. A N .E n «„ le t ,7 e , 1905, J * j ; f U 3

..........
........
116
85
«5

Po'keepsle S rtd g a .6 g . i a l o ^ & A
«ch u y l.K .E .8ld e,l»t5 K.1U35, JA I)
Bteilben. AI nd.. l’st m ,5*. 1914, !l* J
United N. J . , 6 g ............ 1894, AAO
Warren A Frank.,*
~ .................
,,lst,78,lS86,FA
A
1

103%
112
115
90
98
07-9B
91% 96**
109 1 1 0 %

Staten island. 2d, 5 g.1920, JAJ
HaLAOblo 8. W ..lst,4% «. 1990, JAJ 103% 105
114% CapeF.A Yad.,Ser,A „6g.tu IS, J A B
90
Series B., 6 g ..............1 9 1 0 , JA D
90
West Jersey.V.V.'.'.'." (i'A iio.). 6 0 ! I!!III' s i ' ‘
Id li'tuw «*V.I” 'IIV.IIiV 'S .’ k a a f t io o IIIHI
Series a , 6 K......................... 191,6,J.feii
90
Cent- Ohio, 4% « ............ 1930, MAS
95 102
^ a S S R S L jiS S S - w . K
::::::::::::
103 lu3is Chari. OoLAAag. 1 it 7a. 1*95, J.vJ 99% 100%
warn c e i. a *
«
;*
1 0 0 ........ .......... R u u & r . * t * ; o ; : : : : : : : : i r u %
% w o : : : : : : On.Cur. A Nor. le t 5 g ..l«£ * i, J a J
86 j 87 ■
i f l a l n g t n A Meldon
“
100 ....................
2d. 5 »........................... ISog.FA A .* 98% 100
North. Cent. 6a...........'...190 0, J.v.i 108% 109%
Tgisconstn C entral... OBwrlon). 1 0 0
3%
a ----- i .
-----l . u ; .
I»
a * . . . . . . . . . . ............
n K M .j.s j 110 i.........
Preferred.................
100 .................... A B e W V i . ^ y ^ o S . ' ^ l j A J 105
Series A , 5 s ...........................1926,JAJ
107%;.........
"WaKj**t,Nc.eh.ABoeh.
'
100 .................... AtixnUe City let 5s. g.. 1919, Ma n ......... 100%
4 % « ................. ............ 1935, AAO
HieCKtfcASgOO*.
Belvldere Del., 1 st.Us..1902, JAD 112 ......... Pbfdm.A Cum., 1st, ft k . 1911. f a 1 ”9 i% io S * *
Alina©* Si irony.........(Botton ) . 25
. . . . MO tatfcwlssa, M ..7 s .........1900, FAA U S . . . . . . Puts. A Continue. l» t 7S.1898, JAJ 108% 109
AUantlo M in in g... . . .
••2 5 9%; i v Oearlleld A J e ll.,ls t, 0 s.l9 2 7 ,J A J U £
113% Virginia Mid,, 1 st 6 s . ..1906, M,M 107 I..........
City Passenger H R ... (B o tli. 25
................. Connecting,B ».........1900-04,MAS ...................... , M S eries,O e ............................ 1911.*•)..1 0 6 % .........
B ay State fta*.......... .(B atten). 5 0
3 ■ *% M »el. A B*d 8r*k, 1st. 7s. 1905,FAA 1 2 1 % .......
3d Series, 6 «................1916, M,v- 10 l l....... ..
Boston Land..................
<>
10
3 % ........ E estou A A in . l..*M ,5 s .1920,MAN lOJ 103% , 4th Series, 3-4-5*__________1921,M .,M ining...
“
10
3%: 3%
v
« ti Klnslr.
ciiutii. A
aW
nu
lltn
i B .,le
.,i 9t,6
,.vsq.iy
.i (iO
u u, J&J.
,,{ H , 114
I 5Ut Shtrias, 5 » .........................1926.MAS
93%; 96
»■*» n Weyne E lcctrict
“
25, . . . . .
l l u i i l A B-,5.1 T o p .t .in .o ,. y.>,AAO ......... ......... West v a «•. h **. t s i .6 g .l 9 l l ,.i A .»
Franklin Sllulne.......
“
2 3 : 11% 12
Leblgb Nav. 4% e.......... 1 9 1 4 ,0 - J 10-1%
ff
w
f
t
.
X
.0.
Ooheol.
6
g
.
1
9
14,
J
AJ
82% 83
Ft«n.ebi»,ti'sB*¥L'ad
«
5,
2%
. .
3%
________
...
____ 1897,
. _____
2d 6*, gold ..................
JA D 107
iWUm. Col. A Aug., Os .. 1910, JAG 110
ila ron Mtnin*............
23 ....................
General m ort. 4%«, g. 1924,0—P
UtSCBU.\SW)03.
Illinois S t e e l ............
«
1C« ....... . . . . . . Lehigh Valley, le t 6 s . ..1898, JAD 108
....
Belthotrw—City iU U e s .l 900, Q - J
Ksarsarge MUiing.__
w.
-%
75 7*..............................MAS
1 2 6 % 126
Funding Us........ ........ 1900, d -J
S lam * Oman
P r . r , ^ Z . - , f W* rtfr*
.........
...
Consul. 6 ......................19 2 3 .J & 0 122
West M aryi'd UP. 0 s ..ISO*.;..Ta J i t o ”
10
100 .........HO •North Penn, l e t , 7e-------1 196,M.«N 100
Water 5 s.....................S*>1«. M -N 114 115
124
Funding 8 e..................lOKi, MAN
P illica
^ ^ nI V
; "ar..
:* -^ ^ * * -.? * ;
2 f * , - V - L p e n * m . 7 « ............16 o¥ j a j
P
J tPl MI C
100 17o
17ti
Pennsylvania gen . 6s, r.. 1910, Vur .........i 126%
E
xchange 3%*t..................... 1930.JAJ93
98 >*
y d o c y M i n i n g . ...........
“
25 103 — .. O o n a o l.o e ,c
.............lo o s , Vcr 116
Virginia (State) 3% nevr. 11 . I i
63% 04
Twnarae.it M in in g ...,
**
25 131
135
O n u ol. 6«, r ....................1919, Vat I l l
112
Chesapeake
D
im , 6a....... 1900, J AD 105
106
United Gas impt. (PAU.)............
38% 50
C olial.T r. 4% * .......... 1913, JAiO
Consol. Gas, Os___ _____ 1910, J A t> I0*J H O
Water P o w e r ...........(Hastm 1.100
I W '........ ;SPa. A N. Y. C a n a l,7 s ...1900,J&D
5 s ..................................... 1 939, JA f
93% 99 **
W s e i l n g . R i© © .t n c ....f jr o .d o ,% . 5 0
24%. £■-.% Pa. A N . T. C a . eon. 58.1939. AAC IIII” n o
Equitable Ga». ©■ .. . t o v j .
<> 104% 105%
V 7 Unlisted.
5 And accrued interest,
t Last price this week.

I

THE CHRONICLE.

714

[VOL. LVII,

NEW YORK STOCK EXCHANGE PRICES (Continued.)—A C T I V E BO N D S O C T . 2 7 , A N D F O R Y E A R 1 8 9 3 .
R a il r o a d

an d

Closing Range (sales) in 1893.
M iscbl . B onds . Interest Price
Lowest.
Period, Oct. 27.
Highest.

I Olos’ ng
R a il r o a d

and

M is c e l . B

onds.

Interest] Price
Period. Oct. 27.

Range (sales) in 1 8 9 3 .
Lowest.

112*2
101
Aug.
Am er. Cotton Oil, deb., 8 g.1900 Q - F
At.Top.<fe9.F.—1 0 0 -y r .,4 g .l9 8 9 J & J 7 3 78
63*2 July
29 July
2d 3-4e, g., Cl. *‘ A” .......... 1989 A & O 41*4
50 May
100-year income, 5 g ........ 1989 Sept.
Aug.
50
A tl. fr Pae.—Guar, 4 g ...,1 9 3 7
fr J
5 May
W .D . inc., 6 s . . ....................1910
& O 106%b. 100 Aug.
Brookl’n E e v a t,d ls t ,6 ,g -1 9 2 4
99 July
Can. South.— le t, 5 e ..........1908 J & J 106*2
93*2 Sept.
2 d ,5 8 ..................................... 1913 M & S 98
139 a. 135*4 Aug.
Cent. Ga.—S. fr W . 1 st con. 5s,’ 29
Central of N. J.—Cone., 7 b. 1899 Q-J 112*20. 110*2 Aug.
Consol., 7 s ...........................1902 M & N 116 b. 118 May
General mortgage, 5 g ..l 9 8 7 J & J 109*4b. 102 Aug.
100 Sept.
Leh.&W .B., con. ,7s, asYd. 1900 Q—M 109
do. mortgage, 5 s . . 1912 M & N 95
90 July
100 Aug.
A m . Dock fr Im p., 5 s — 1921 J & J 107
Central Paoiflo—G o ld ,6 s..1 898 J & J 1 0 4 b. 101% Aug.
Ches. & Ohio—M ort., 6 g ..l 9 1 1 A & O 113 b. 110 Sept.
90 Aug.
1st consol.,5 g ....................1939 M A N 104
75
6 1 % Aug.
Gen. 4 *38, g ......................... 1992 M A S
K .& A .D iy .,lstc o n .,2 -4 g .l9 8 9 J & J 80
7 0 Aug.
do 2d con., 4 g . . . 1989 J A J 76 a. 68 Aug.
Eliz.Lex.&BlgSan.—5 g-1 9 0 2 M A- S 95
88 Sept.
Chic. Burl. & Q,—C o n .,7s. 1903 J & J 119
108*2 July
83 Aug.
Debenture,5 s ..................1 9 1 3 M & N 96
89*2 July
Convertible 5s....................1903 M A S 101*4
Denver Division, 4 s ........1922 F & A 87
87*2 Sept.
Nebraska Extension, 4 s . 1927 M & N 86
79*2 Aug.
Chic. fr E . 111.—I s t ,s .f „ 6 s .l9 0 7 J & D 112
108 Aug.
Consol.,6 g ...........................1934 A & O 115
115 Oct.
98
General consol. 1 s t,5 s .. 1937 M A N
93*2 Aug.
Chicago &Erie— 1st, 5 g . . .1 9 8 2 M A N 93 b. 87 July
Income, 5 s ........ .................. 1982 Oct’b’r 34
2 0 July
Chio. Gas L. & C .—1 s t ,5 g . 1937
&
70*2 Aug.
85*4
123 b. 119 Aug.
Chic. Mil. & 8t.P .—Con.7s. 1905
&
1 1 0 *2 b. 105
Aug.
&
le t, Southwest Div., 6 s .1909
112 b. 106 Aug.
1st, So. Min. D iv., 6 s___ 1910
fr
&
1 s t,Ch.&Pac.W.Div., 58.1921
108 7s 103 Aug.
101
Chic. A M o .R iv .D iv ., 5 s .1926
97 Aug.
A
W is. & Minn. D iv., 5 g ..l 9 2 1
103 b. 98 July
&
Terminal, 5 g .....................1914
106 b. 98
fr
July
Gen. M ., 4 g ., series A . . . 1989
94*2 a. 86 July
&
M11.& Nor.—1st, con., 6 s. 1913 r &
Ill
105 Aug.
Chic.& N .W .—C o n sol.,7s..1 9 1 5 Q—F 137
120 Sept.
Coupon, gold, 7 s ................1902 J & D 123 b, 117 July
Sinking fund, 6s ................1929 A & O 111 b 109 July
Sinking fund, 5 s................1929 A & O 105 b 100 Aug.
Sinking fund deben., 5 s .1933 M & N 106 b 104*2 July
S5-year debenture,5 . . . 1909 M & N 102 %b. 100 June
Extension, 4 s .....................1926 F & A 95 b. 90 Aug.
Chio. Peo. & St. Louis—5 g . 1928 M & S 95
Aug.
93
ChJo.R.I, & Pac.—6s, coup. 1917 J & J 125
114 July
E xten sijn and c o l.,5 s ...1 9 3 4 J & J 9734
88 July
80-year debent. 5 s........... 1921 M & S 91*2
Sept.
88
Chio. St. P. M. A O .—6 s ....1 9 3 0 J & D 120
Aug
110
Cleveland & Canton—5 .. .1 9 1 ? J & J 86
86*2 June
C. C. C. & I.—Consol.,7 g .1 91 4 J A D 120
119 May
General consol., 6 g ........ 1934 J & J 117
115 Aug.
0.
C.C.&St.L.—P e o ,& E .4
A s .l9
& 4
O0 68
. 58 Aug.
Income, 4 s ...........................1990 April. 16
12 Aug.
001. Coal & Iron—6 g ......... 1900 F A A 93
Oct.
93
Col.Midland—C o n .,4 g . ..l 9 4 0 F & A 41
■63 Aug.
Col.H. V al. &Tol.—Con.,5 g . 193 i M & 8 90
74 AUg.
General, 6 g .........................1904 J A D 94
82*2 Aug.
Denver & Rio G.— 1st, 7 g .1 9 0 0 M & N
112 July
1st consol., 4 g ....................1936 J & J 73
71 July
D et. B. City fr Alpena—6 g . 1913 J & J
60 Sept.
Det. M ao.&M .—L ’dgrants. 1911 A & O 2 4 1 20 June
D ul. So. Sh. & A t l —5 g . . . . 1937 J & J 96 1 90 July
E.T enn.V & G .—Con., 5 g . 1956 M & N 80 1
80 Oct.
Knoxville <fe Ohio, 6 g . ..l 9 2 5 J & J 90 1
92*2 Aug.
F t. W . fr Denv. City—6 g . .l 9 2 i J & D 73 1
66 Aug.
G a l.H .& 8 .A n .-M .& P .D .lst,5 g. M & N 90%
90*2 Oct.
H an. & St. Jos.—Cons., 6 s .1911 M A S 112*4b. 108 Aug.
H ous.& Tex.C.—Gen. 4s, g .1 9 2 1 A A O 60
59 Aug.
Illinois Central—4 g ........... 1952 A & O
99*2 Aug.
Int. fr Gt. No.—1st, 6 g . . , , 1919 M A N 112
100 July
2d 4 *s-5s.............................1909 M A S
60 b. 50 July
Iow a Central—1st, 5 g . ___ 1938 J A D 81 b. 72 July
Kentucky Central—4 g ___ 1987 J A J 81 b. 80 Aug.
K ings Co. E l.—1st, 5 g . ... l 9 2 5 J A J 81 b. 85 Oct.
Laclede Gas—1st, 5 g ......... 1919 Q - F
82 b. 70 Aug.
Lake Erie & West.—5 g ___ 19 1 " J A J 108*2b. 106*2 Aug.
L . Shore—Con. cp., 1 s t,7 s. 1900
A J 117*2 b. 113 July
Consol, coup.>.,2d,7s.........1903
A D 121 b. 114 Aug.
Long Isl’ d—1st, con., 5 g .. 1931 Q—J (113
Ill
Aug.
General mortgage, 4 g ..i 9 3 8 J A Di 95
90 July
Louis. fr Nash.—Cons., 7 s. 1898 A A 0 108
106 Aug.
N.O. fr Mob. lBt, 6 g .........1930
A J 115
110 Aug.
do.
2d, 6 g ......... 1930
& J. 10332a. 100 July
’ ’
General, 6 g .........................1930
& D 112
107 July
Unified, 4 g ......................... 1940
75
July
fr J ,*7 6 a.
Nash.Fl.&bh.—1st gtd.5 g .’37
& A * 95 a. 95 Aug.
Louis. N .A . fr Ch.—1st, 6s. 1910
fr J 106 b. 100 Sept.
Consol., 6 g .........................1916
& 0| 97
82*2 Aug.
Louis. St. L. A Texas—6 g . 1917
& A'
62 Oct.
Metro. Elevated—1st, 6 g .1 90 8
fr J 1 1 6 ’4 b . 108*2 Aug.
2d , 6 s ....................................1899 M & N 1073sb. 100 July
Mich. Cent.—1st, con., 7 s . . 1902 M & N 123*2
113 Aug.
Consol., 5 s ........ ................1902 M & N *105 b. 100 Aug.
M ilXakeBh. &W .—1st, 6 g . 1921 M fr N 125
115 July
Exten. A Im p., 5 g .......... 1929 F
_ fr A 104 b. 97*2 Aug.
M. K . A T.—1st 4 b, g .......... 1990 J & D 79*2
69 Aug.
2d, 4B,g...............................1990 F ____
& A 4334b. 27*2 July
Mo*Pacino—1st, com, 8 g . 1920 M & N 90 b. 86 Oct.
3d, 7 s . . . . . . . . ......................1906 M A N 105
b. 100 Aug.
Pac. olM o.—1st, ex.t4 g ,1 9 3 8 F &a *97
aJ 93 Aug.

Highest.

Pao. of Mo.—2d extern 5s. 1938 J fr J *106 a. 103*2 July 108 *4 Jan,
114*2 Jan.
Mobile fr Ohio—New, 6 g .,1 9 2 7 J <fe D 110 b. 108 Sept. 115% Apr
83% Feb.
57*e Jan.
4 4 July
General mortgage, 4 s . . .1 9 3 8 M «fe S 53
63 Jan.
57 Jan,
Nash. Ch. & St.L.— 1st, 7 s .1913 J fr J 123 *2b. 117 Aug. 130 Jan.
Con., 5 g ..............................1928 A & O
71*4 Jan.
101*2 Mav 105 Feb,
N .Y . Cent.—Debt E x t., 4 s. 1905 M & N 101 b. 97 Aug. 103 Mar.
11*2 Jan.
120*8 Mar.
1st, coupon, 7 s ...................1903 J <fc J 122*2b. 116 July 124 Feb.
Deben., 5s, coup., 1 8 8 4 .. 1904 M <fe 8 105 %b. 101
107*2 Feb.
Aug. 108*2 Jan,
N. Y . & Harlem—7 s.reg . 1900 M & N 113*ab. 114*4 Aug. 119*2 Feb.
103*2 Jan.
R. W. fr Ogd.—Con., 5 s .. 1922 A & O 109 b. 103 July 115 Feb.
70*4 Jan.
116 Mar.
89*2 Aug.
N. Y . Chio. <fe St. L. - 4 g .. .1 9 3 7 A & O 95%
9 9 % Feb.
122 Feb,
105 July 112 Oct*.
N. Y . Elevated—7s ............1906 J & J 112
N. Y .L ack . & W .—1 s t ,6 s . . 1921 J f r j 126 b. 117*2 Aug. 131 Feb.
112*2 Apr.
110 Jan.
Construction, 5 s............... 1923 F & a 110 b. 105 Oct. 114 Jan.
100 Apr.
120*4 Aug. 139*2 Jan.
N .Y .L .E .& W .—1st,oon.,7g. 1920 M & 8 127
53 July 105 Feb.
109% Feb.
2d consol., 6 g ................... 1969 J fr D 72
109*8 Jan.
Long Dock Consol.,6 g. . . 1935 A & O 120 b. 119 Oct. 125 Feb.
118 Feb.
86*2 Feb.
76
Aug.
N. Y. O. & W .—Ref. 4s, g ,.1 9 9 2 M fr 8 8 2 * 2
106 Feb.
Consol. 1st, 5 g ........... ...1 9 3 9 J fr D 10578b. 97*2 Aug. 108*2 Jan.
85% Feb.
N .Y.Sus.&W .— ls tr e f., 5 g .1 9 3 7 J fr J 104*2b. 98 July 107*2 Mar.
82% Feb.
107 Aug. 120*4 Mar.
Midland of N. J., 6 g ___ 1910 A fr O 113
80 Feb.
90 Jan,
8 1 % May
Norf. <fe W.—100-year, 5 g .1 9 9 0 J & J
91
Jan.
80 July
,101 Feb.
Md.&Wash. D iv .-ls t,5 g.1941 J fr J
Feb.
100 Aug. 118
North.Pao.—1 st,coup., 6 g . 1921 J & J 109
121*2 Apr.
102% Jan.
80
Aug. 115 Feb.
General, 2d, coup., 6 g ..l 9 3 3 A & O 91
60
Aug.
69
b.
Jan.
108
F
eb.
General,
3d,
coup.,
6
g
..
1937
J
&
D
108*4
9434 Jan.
Consol, m ort.,5 g . . . . . . . . 1989 J <fe D 35 %
74
Feb.
24*2 Aug.
95
July
93
June
Col.
tr.
gold
notes,
6
s
..
.
1898
M
&
N
Jan.
88%
Chic. & N . P — 1st, 5 g . ..l 9 4 0 A & O 43 %
3 5 % Aug.
116 Apr
80*2 Feb.
North. Pao. & M on.—6 g . . . 1938 M fr S 5 4 b. 47 Sept. 89*2 Feb.
123*8 Mar
103 Apr
North. Pac. Ter. Co.—6 g . .l 9 3 3 J & J 70 b. 93 July 104 Feb*
Ohio&M iss.—Cons. s.f.,7 s. 1898 J fr J 108 b. 102 Aug. 112 Feb.
103*2 Feb.
44% Jan.
Consol., 7 s . . . . . . . ............1 8 9 8 J & J 108 b. 103 Aug 110*2 Mar.
98*2 Aug. 109 Jan.
OhioSouthern— 1st, 6 g ...l 9 2 1 J & D 100*2
92*4 Feb.
64 Jan.
General m ort., 4 g ...........1 9 2 1 M & N 48 %b. 40 Aug.
129 Apr.
114% Apr.
68 Jan.
60 Feb.
Omaha & S t.Louis—4 g. . _ 1937 J & J
Feb.
90
Aug. 105
Oregon Im p. C o .-1 s t , 6 g . 1910 J & D
96
116*2 Feb.
67 Feb.
32
Aug.
Consol., 5 g ................. .. ..1 9 3 9 A & O 40
112 May
97 Oct. 112 Mar.
O re.R .& N av.C o.—1 s t,6 g . 1909 J fr J 100
105 Apr.
81 Sept. 94*« Feb.
Consol.,5 g ...... ................... 1925 J & D 75
108 Apr.
1 0 2 % July 103 July
Pennsylvania—4s, g ........1943 M & N
109 June
Pa. Co.—4*2 g., coupon....1 9 2 1 J fr J 110 -a. 102 July 110*2 Apr
95 Apr.
Oct. 104 Mar.
Peo. D ec.& E van sv.—6 g . .l 9 2 0 J & J 80 b. 75
115 Feb.
Evansville D iv., 6 g . . . . l 920 M fr S 80 b. 89 July 105 Feb.
138 Jan.
72 Feb.
2d m ort.,5 g .....................1926 M fr N
36 Oct.
36*2
123 Mar.
85*4 Jan.
59% Aug.
Phjla. & Read.—Gen., 4 g .1 9 5 8 J & J 71*8
115 Feb.
7 6 78 Jan.
20 July
1st pref. income, 5 g ___ .1 9 5 8
109 Jan.
35%
70 Jan.
14*4 Aug.
2d pref. inoome, 5 g ........ 1958
112 Feb.
24*4
2034
6 2 % Jan.
11 July
3d pref. income, 5 g ___ .1 958
106*4 Mar.
88 Apr.
72
Aug.
Pittsburg fr Western—4 g_1917 J & J 84
98 Jan.
Feb.
Aug. I l l
Rich. & D anv.—Con., 6 g . . 1915 J fr J 108*eb. 102
100 Mar.
78*2 Mar.
Consol.,5 g ........................ .1 9 3 6 A fr O t73% b . 60 Aug.
125 Jan.
8 3 7e Feb.
t4 0
Aug.
Rich. &W . P.Ter.-Trusfc,6 g . 18 9 7 F fr A 1 5 2 * 2
10178 Feb.
52 Feb,
Con. 1st & col. trust, 5 g . 1914 M & 8 t2 4 5 8 115% Aug.
97*2 Feb.
78 Feb.
Aug.
Rio G. Western—1st, 4 g ..l 9 3 9 J fr J 66*2b. 54
123 Mar.
St. Jo. fr Gr. Island—6 g .. 1925 M & JS 68 b. 74 Sept. 96 Jan,
92*2 Apr.
Aug. 103*2 Jan.
St L. & Iron M t. 1st ext. 5 s.’97 F fr A 9 7 b. 95
May
119
2d, 7 g .................................... 1897 M & N 100 b. 94 Aug. 109 Apr.
122*2 Feb.
Cairo Ark. & Texas. 7 g ..l 8 9 7 J & JL) 100 a. 95 Sept. 104% Mar.
79 J a n .
9 0 % Jan,
60
Aug.
Gen. R’y & land g r .,5 g ..l9 3 1 A & O 72
26% Jan.
St.L. &San Fr.—6 g .,C l.B .1 9 0 6 M & N 106*2b. 100 Aug. 114*2 Apr.
106 J a n .
6 g., Class C....................... 1906 M & N 106*2b, 100 Aug. 114*2 Apr,
67 Jan.
General m ort., 6 g ............1931 j & j 105 a. 99 Aug. 111*2 A p t
94*2 Jan.
68
Apr.
50 Aug.
St. L. So.West.— 1st, 4s, g .. 1989 M fr N 60
99 Apr.
28 % Feb.
12 July
2d, 48, g., in com e.............. 1989 J & J 19
119 Apr.
8 .P .M .& M —D a k .E x ., 6 g .1 9 1 0 M & N 115*2b. 109*2 Aug. 119*2 Apr.
88*2 Feb.
Aug. 123*2 Mar,
1 si consol., 6 g ...................1933 J fr J 115 b. I l l
74 Jan.
Aug. 103*2 Apr.
40 Jan.
do
reduced to 4*2 g .- J fr j 99*2b. 97
D
91 J an.
79
Aug.
J
MontanaExtension,
4
g
.1
93
7
&
8 7 . b.
103 Apr.
Mar.
|55 Sept. 76
San A . &Aran. P .—1 st,6 g . 1916 .1 & J
94 Apr.
60 Aug:
fr
J
52
Aug.
1st, 4 g. gu...........................1943 J
59
104*2 Feb.
92% Jan.
Aug.
Seattle L.8.& E .—lst.g u . 6 .1 9 3 1 F fr A 150 b. 40
Apr.
101
9 9 Apr.
May
Sec’ty Oorp. (N .Cord.)lstcon.6s M fr N 80 a. 70
97% Feb.
So.Car.—1st, 6 g.,e x co u p .1920
100 b. 105 May 106 Feb
117*2 Feb.
100*2
Jam
&
J
So. Pac., Ariz.—6 g ........ 1909-10 J
95 a. 92 Oct.
70 Jan.
S o .Pacific,C a l—6 g . . . . 1905-12 A fr 0 104*2b. 104*2 Oct. 115 Feb,
105 Mar.
O
9 7 % Jam
90 Oct.
1 st, consol., gold, 5 g ___ 1938 A &
90
113 Apr.
So. Pacific, N. M .—6 g ..........1911 j fr j 94%
94*4 Oct. 105% Feb.
72% Feb.
Feb.
Tenn.C. I. &Ry.—T en.D ., 1st, 6 A & 0 * 7 2 b. 74 Aug. 95
90 Feb.
9 5 % Jan,
Birm. D iv., 6 g ................... 191. j & J * 7 5 b. 70 July
Apr.
87
81 Jan,
59 J uly
Tex. & Pao.—1st, 5 g ........... 2000 J & D 74
103*2 Feb.
29*4 Jan>
13 July
2d, inoome, 5 g ....................2 000 March. 20*4
87*« J aD .
Tol. A . A. & N. M .—6 g ........1924 M & N 52 b 103 Jau. 108*2 Jan,
113 Feb.
Tol. & Ohio Cent.—5 g ........1935 J & J 104 b, 100 Aug. 109 Apr,
119 Jan.
Tol. Peo. & W est.—4 g ........1917 J & J 72 b, 7 0 Sept. 81 Jam
123 Oct.
Tol. St.L . & Kan. C.— 6 g . . 1916 J & D 57 b, 48 Aug. 90*2 Jam
116*2 Feb.
Union Paoiflo—6 g ................. 1899 J & J 105 b 102 Aug. 1 1 0 % Jan,
96 Jan.
Sinking fund, 8 s..................1893 M
8
98
Aug. 105% Feb.
113 Jan.
73*2 Jam
48 July
Collat. trust 4**..................1918 M & N
123*8 Apr.
72*2 Aug. 1 0 2 % Jam
Gold 6s, col. trust notes. 1894 F & A
110 Feb.
109 Aug. 113*2 Apr
Kan. Pao.-Den. D iy .-6 g .1 8 9 9 M & N
1195s Apr.
lste o n so l.,6
.. ..1 9 1 9 M *& N 80 b 77 Oct. 112*2 Apr.
83*2 Feb.
70 Oct. 109 Jam
Oregon Short Line—6 g . .l 9 2 2 F & A 88
Mar.
101
80*2 Jam
Or.S.L.&Ut’hN
.—C
on.5g.1919
A & O 50 b 50 Oct.
111 Jan.
U .P.D en.& Gulf con. 5 g .l 9 3 9 J & D 44 b. 39*2 Aug. 7 5 % Jam
109 Jan.
98*2 Aug. 117% Apr.
Union Elevated—6 g ..........1937 M & N 106%
98% Jan.
86 Apr.
74
Aug.
Virginia Mid.—Gen. m .,5s, 1936 M & N 7 6 78
118*2 Feb.
8 6 Apr.
do
stamped guar. M & N 77 a. 77 Oct.
108*2 Feb.
93 July 106*2 Apr.
Wabash—1st, o g ................... 1939 M & N 104%
123*2 Oct.
82*2 Jam
2d mortgage, 5 g ............. 1 9 3 9 . F & A 75 b. 60 July
106% Apr.
39 Jam
Debent. M ., series B ........ 1939 J <Sc J 25 b. 19 July
127*2 Jan.
103*4
Feb.
9
4
July
West Shore—Guar., 4 s ........2361 J & J 103%
109*4 Jan.
West, N. Y . & Pa.—1st, 5 g .1 9 3 7 J & J 100 b. 94 Aug. 105 Feb.
82% Feb.
33
Jam
IS
Aug.
2d mort.................................. 1927 A & O 24*4
50*2 Jan.
Jam
95 Aug.
West. U n.TeL —Col. tr .,5 s .l9 3 8 J & J 102%
113 Mar.
Aug. 92% Jam
W is.Cent. Co.—1st, 5 g . , . . . 1937 J & J 68 a. 60
115*8 Apr.
9 Sept. 35 Feb,
Income, 5 g .................. .......1937 . — . . — 15 a.
102 Jan.
N ote — “ b” indicates price bid ; “ a” price asked ; the Range is made up from actual sales only. * Latest price this week, t Trust receipts.

106

NEW YORK STOCK EXCHANGE FR1CES—(Continued). —IN A C T IV E BO N D S—O C IO B E R 2 7 .
SECURITIES.

Railroad Bonos.

Bid.

Ask.

SECURITIES.

Bid.

Ask.

SECURITIES.

1st, 6 s .1921
B. «fcO.— Jong, mort,, gold ,5s.1988 .......... ......... B . R .& P.— Roch.
Roeh. & Pitts.—Cons.lst, 68.1922
W. Va. & Pitts.— 1st, g „ 5 s ..1990
(Stock Exchange Prices.)
Burl Ced. Rap. & No.— 1st, 5s. 1906
B. fr O. S. W ., 1st, g., 4 *558. . . 1990
Alabam a Mid.—1st. g., gu ar..1928 *•
Consol. & collat. trust, 5 s .. . 1934
82
Monon. River, 1 s t g.,g. 5 s . . .1 9 1 9 .......... .........
A . T. & S. F,— 2d, 4s, Class B .1989
Minn. & St. L.—1st, 7s, g u ..l9 2 7
CentfiOhio Reor.—1st, 4 *28.1930
Col. Mid. 1st, g.,G s................1936
Iowa C. & W est.— 1st, 7s — 1909
A k.& Ch.Junc.—1st,g,5s,gu.1930
Atlantic & D a n \.—1st g., 6 s . . 1917
Ced. Rap. I. F. & N ., 1st, 6s. 1920
97%
Boat. H . Tun. fr W .—Deb. 5s. 1913 *
A t3. & Pac.—2d W . D., gu. 6&..1907
1st, 5 s . . . ............... ................ 1921
87%
Brooklyn Elevated—2d, 3-58.1915
B»)t. * Ohio—1st. 6s. Park B .1 9 1 9 105
C. Ohio— Col. fr Cin.M .lst,4*sS.1939.
Brunswick fr WT,n— 1st, g. 4s, 1938
ient. RR. fr. F atik —Ool
T9T7I
*«, void...................................... 1925
i i o " «ufl. R • b. A ’Pitts.—Gen.. 58.1937 *97* l'Oo”
* V o mu >
these are the latsat a notation* made

Bid.
120
113
104
no

94

October 28, 1893.]

715

THE CHRONICLE.!

NEW YORK STOCK EXCHANGE PRICKS.—INACTIVE BONDS—fContinued)—OCTOBER 47.
S E C tT srr rM .

Bid.

Ask,

SECURITIES.

Bid.

Ask,

SECURITIES.

Bid.

Ask.

Northern Pacltto—f Continued.)
E.AT.H,—Wt» Vernon 1st 6s .1923
*C. B. A B.-Cbat.B.AC.,gtd.g,1937
BetonaARedM'tt—l 3t,g„ 6 s. 1837
...
8til. Co, Br. 1st, g „ 5s......... 1930
Cent, of Jf.J.-C ont.deb.. 84.1908
DiiluthAManitoha—1 st.,',6 s 1936
Ev.AEieh.—1st gen.Ss.g.gn.1931
General Pa*:18e—Guld bds, 6s, 1895 302
I
Dili.Allan Dak.Dtv.-lst6s.1937
Svatts, A Indian.—1st, cons.. 1926
i ll - 0
Gold bonds, 8s..................-.1898 102 to
Ceeur d’Alene—1st, 6 s, gold. 1916
“lint A P. Marti.—More, Os...1920;*
100
Sold bonds, St.....................1897 103t* 104
100
Gen. 1st, ir., 6 s.................... 1938
1st con. gold, 5s................... 1939 *
S i r Jog
. Br.,0a.............1900 103
Cen t. Washingt on—1 st, g. ,6 s. 1933
95
Port Huron—1st, 5 s ...........1939 :........
Hurt, wold 5«........................1939
____ . . .
o r f o l k A S o u t h 'l l — 1 s t. fts .g . 1 9 1 1
93
Fla. Ceo A Pea.—Ut g. 5s__ 1919......................
Norfolk
—
Land grant, 5s, g........... — 1900
1st con. e„ 3 a ...................... 1943 “93 ........ Norfolk A West,—General, Os. 1931
C. & 0. Div.. e.v.. g. 5s...... 1918 •105
N e w R i v e r , 1 s t, 6 s ...................19 3 2
Pt Worm 4 8, O.—1st 2 ., 5s..1928 6 0 ..........
West. Paeibc—Bond*. 6s----1899 105 106
I m p . A E x t ,, Us........................... 1 9 3 4
103
No. Boll way ICaU—1st. 6s. 1007 •91
A d ju s t m e n t M .,7s............... 1 9 2 1
93
SC-year 5a...........................1938 91
Equipment, 5s...........................1908
110
M e t A Pao, Die., 2d Os ....1931
cues, A O .-Fur. M. fund. 6S.1S98
Clinch Vai. 1st, 5s................. 1957
98
a. Car. A Nor.—1st, gu. 5s, g.1929
6s, gold, series A ................. 1908 112 U4
Roanoke&So.—1 s t, gu. os, g.1922
■Os. Bo. A Fla— 1st, g 6s.
1927
Craig Valley—1st, g„ 5 s ....1940
S c i o t o V a l. A N. E .— 1 s t , 4 * ..1 9 0 0
80
Warm 8pr. Val., Ut. g 5s..1911
O b t o A M is s — 2 d c o n s o l . 7 s . . .1 9 1 1
25
C ies.O .A B o.W est.-lsl 6s,g,15U *113 105 O. B, W. A St. P .-2 d Inc, tr. reetk.j . . . .
.1905
H o u s a t o n i c —C o n s , g o l d 5 s — 1 9 3 7 1 0 6
...........
S p r i n g .D i v .— I s t 7 s .
2d. 6a..................................... 1911
Getterul
5s.............................
1932
G
en eral 5
s ...................
N*. H a v e n A D e r b y , C o n s .o s . . 1 9 1 8 1 0 0 ; ..........
Oh. V. -Oen.con. 1»t.*u.?,5i*. 1938
Ohio River
River RB.—1st,
Hons. A T . C.— Waco A X. 7 -.1 9 0 3 lo o
........ Ohio
R B .- l a l , 5s......... 1936
■Chicago A Alloa—6. F., 6s— 1903, *114
....19
37
Gen.
g.,5
s.......................
1
0
.
112
1
9
3
7
1
s
t
g
..
5
s
tin
t.
B
t
d
,..................
Loafs. & Mo. Elver—1st, Ts.lOOO’
Oregon A Califor.—1st, 5s. g. 1927 SO
100
C o n s . g . 6 s tin t, cetd) — , . . . 1 9 1 3
2d, 7s.................................. 1900
Oreg.
RyANftv.-Cot.tr.
g..5s.l919
100
D
e
b
e
n
t
.
0
»
,
p
r
m
.
A
tu
t.
g
t
d
.1
8
9
7
8t, L. Jacks. A Chic.-l.st.7s.l 891
Pan. Slnk.F’d Subsidy—Os, g. 1910
D e t e n t . 4 s . p rtn . A l o t . g t< L i9 9 7 -----Miss.R. Bridge—1st,*.f.,e ».3912 100
Penn.-P,C.CA8t.L.Cn.g.ms'A1940 *93
Tllinols Central—Ut, g „ 4.1...1951 *100
Chie. Bari. A N a r.-U t. 5 s ....1026 08>*
Do
do
Series B ........
l e t , g o l d . 3 % 1 .......... ..................1 9 5 1 ‘ 0 2 1*
Debenture Cs.........................1 8 9 6 .
*P.l
.,'.A
«.U
-Ust.c.,7s
t,c.,7s.............1900
1-................. 1950
.................
’.AS.
L.*l
Chic. Barling. A Q.—5s, s. f.,1901 101
7a .. 1912
Bprtugf. Dh*.—Coup , tis— 1898 T 0 5 M ..........
’Pitta,
"*' it . W. AC.—1st,
*
Iowa Dlv.—Sink, fund, 5 «.-1919 101%
24, 7a .................................1912
Middle Div.—Reg., 5*.......... 1921 101
92
Sinking filed. 4s.................1919 91
3d, 7s............................................1012123
C. St, L. AN. O .-T en. t., 7s. 1897
Plain, 4*'................................ 1921 . 79
95
1st, consol., 7s....................1897 *109
Cb.9LL.AP.—1st,oon.5s,g...1932 *103
ChJe A Indiana Coal—1st 5a. 1936:
Cin*. A P.—Colt*.,s. fd., 7s. 1900 116
2d. 6*.................................. 1907
C U . MU. A St. P.—U t,8*.P .D .l«M 1 1 m 1154
Gen. Its*, g „ “ A” ........... 1942
.......
l
i
i
u
T
4
Gold,
»*,
coupon...............
1951
2d. 7 3-1 Os. P. V ...................1888
I
81. L.V. A T. II.—1st,6*.,7*.1897 107 V
Meuip Div., 1st g. 4*....... 1951
1st, 7«. $ z „ R. D ...................1902 121
24,
7s..................................
1898
113
122
1
D lb. A 8. U - 2 d D lv„ 7* ... l« M
1st, I. A SL,7*......................1897
24, gu»r.,7s.......................1898
90
Ced. Palis A Minn.—1st. 7s.. 1907
1st, r, A D .,7s......................1899 111
Ind. D. A Spr.—1st 7s, ex. up. 1906
... , Gd, R. A 1. Ext.—U t,4 t«*,G. g. 1941
1st f t . A M., 7s......................1903 120
Intl.D.AW.—I st 5s, g„ tr.reo.. 10-47
1 -2 l-j Peo.AE.-toil.B.AW.-l*t,pf.7a.ni00
1st, I. A D. Exum-.uu, 7* . 1908 1281. i l l
2d, 5s, gold, trust receipts.. 1948
.......i' Ohio IniLAW.—1 « p r e t 5A . 1938
1st. L»C. A Dav.»5s............ 1919 99
.......i Peorta A Pek. Union-1 s t, 6*.1921 I07*s
Inc. M. .‘ ...tills, trust receipts . . . .
1st. H. A D .,7*....................1910 1IS
70
In d . Ills . A I o w a .— 1st, .*. is . 1839 *70
75 f. 2d mortg., 4% *.....................1921 60
1st, R. A U , 5 »....................1910 IOO
...... Pitt*. C lo v e . A T o l . — Ut, 6 s.. .10*22
Int.AG.N’ n— Ut.Us.g............... 1919
Cbtca.ro A Pad Ho Div.. Os..1910 U I 4
878. Pitts. A I,. Er.--M g. 5s, " A " . 1928
Mineral Point Dlv.5*..........1910' 100 101
Kings Co. ■F.ES., 1«4.b,g..gu.A.19»
. . . . . ; Pitta. Me. K. A Y .- l* t 6 s...... 1932
Lake Erie A W c t - J d a.. 5 s.1941 07
O A JL Bap. W v„ 5t........... 1921 "iu i
1071 .......i Pitta. Pain»v. A F.—1st, 5 s . .. 1918
Fargo A South., •*, A**n.. .1924
Put-, when. A L. E.—Ist,g.,5s l940
..
D e t. M . A T . - l S L 7 » ...............1 9 0 6 . .120
Inc. eonv. sink, fund, 5*___ 1916 " s T
83"
iiPitta. A West. ~Sl. 3«, g ,1891-1041
10J ; Lake Shore—DlV. bonus, . -..isiW; 110 m
Dakota A Gi, Smith.. 5 s ....1910
Pitt*. Y'gst'nA A.—1st, 5s,.•1,11.1927
Kai. Alt. AG. R .-1-1 g».5..1U38i 101
Mil. A Nor, main Hue—6 « .. .1910 IF) ....... !
I*r* >. & Arls.Ce-tiL—1st, 6 «, g.iy lii
Mahon** Coal R R -l* i,5 s .l0 3 4 ; lu * i* ;u o
C hlc.AN .W ,-3« year deb. 5*. 1921 101 U> V
IsrhlgbV.,N. V .~ lst gu.g. 1%*.1940| *97
24 Income 6 s ......................... 1916
Buaoaha A U S . 1st. ««....1901 '1001. llO
Lehigh V. len a.—1st gu .......son 102
Rich. A Dauv.—Debenture6 s. 1927
DesM . A Minn.—1st. 7s— 1907
Equip. M. s. f .,g „ 5s........... 1909
05
Iowa Midland—1st, i s . . .,.,19 0 0 ....... ........ Utehf. Car.A West,—1st«». g. 1916
l.w.c I - 1.*! 1•; - i l l , 7 » .................1394
: AM, A Char.—1st, prof., 7s.. 1897
Peninsula—1st, co n v „7 * ...lS 9 9
do.
Income, 6 s___ 1000
N. V, A R way B . - l s t . g . » - 19*7 *10J
Cblo. A Milwaukee—1st,7s. 1.898 low
Wash.O.AW.-Ut,U,gu.cy.,Ui24
2d mortg., ine.................. 1937 37**
Win. A lit. P,—2d. 7s........... 1907 121
Riuiir. J u u c.-U t, gu., g „ is. 1938
S.Y.AM ut..Beach.-l«t. 7s. 1897
MU. A M ad.-U t, * . ............ 1005 107
96
N Y .I L A M .B .— 1st c e ll. 5 » .c . 1035
102 •Klo Grande 6 0 ,—Ut, g., i s . . . 1040
Cm. C. F. A St. P.—Ut, 5s. lain* 1 0 m
ML Jos. A Ur, Is,—2d Inc........ 1025
Northern ISi.-U l, 5s........ 1910 102«» 107
Ilrooki'u AMontank—Ut,6«. 1011 105
Kan. C. A O m aha- 1st, 5*.. 1027
U t , 5 « .......................................191 1
101
99
Oh-Feo. A 84.U—Ctm.lst jr.51.l» 3 »
8 L L. A. A l.H -2 4 prof. 7 a ..1804 1 0 0
CLB. 1.*P . - D..M.A F .D .1 S IU 1 905 . . . . . .
IxmlAl-.iuns.A8t.I----1939 *.
62
24 in. Inc. 7s.......................... Is94 *07
1st. 2**s..............................1905
Isiam. A Nash.—Cecil. Br. 7s, .1907 102 8 103
W
45
Dividend bonds...................1894
E. U . A N iud i.— U t 6 e , g . .1 9 1 0 100
Extension, 4*.................... 1005
16
A 81.. 11., —I - ! . MS. ..48911
P e n s a c o l a D iv is io n , « * ........... 102 0
Keokuk A Des M .-l* t,6 e ..l9 2 3 : i:6’ . . . . . .
10 8
Betlev. A Car.—1st, 6 s.........19*23
St. Louis Division, 1st. Os... 10*1
Chicago A BL Louie—1st, 8#..1815
Chl.SL 1*A P «l.—let,g<Lg.5» 1917
i b 's "
2d, 3s............................. ...1980
Chic. It. P. A M1BU.-1M,6*...1018 *119*. 123>*
Let). B r a n c h Extension .. .1803
Bt. Lotlla Bo.—1st, gd. g. 44.1931 *76
St. Paul A S .C .-ls t.B s ...... 1919 liB** .....
Chic. A W. In d .-ls t. s. f„ 6*.1919
Naahv. A Decatur—1st, 7s.. 1900 K 0
do
2d income,5s. 1031 *70
.8
General mortgage, 6*..........193*2 io F 1.
8. fc-tlo.-S. A N. Ala.............1910
Car, ABhawt.—Istg. 4»___ 193*2 ■77
ChllbA West Mli-b.-5»........... 1921 . . . . . . ......
10-40, gold, 6s......................1924
8 t h. A 8 . P .-2 4 6 a,g., cl. A. 1906 lv 0 > *
Equip., 7 s ..............................1«95
<T,r, Bam. A D .-C o n .». f.. T l . W
6 0 y e a r 5 » , g ................................ 19 3 7
103
Pens, A A t.- lNt.es, gold...1931 ....
2d. gold. 4V s.........................
General 5*____
..1931
Count, trust, 5*. g ...............1981 *«9
Cin. I). A It'D—1st. gu. •*. g.
Ut. trust, gold, 5s.,.............. 1987
'¥*>» ■9 4 '
d e r . Ak. A C o l.- Kq. A 2d 6s. 1930
Consol, guar., 4 s .................. 1090
Lon.N.Alb.At:h.—Uen.m.g.5«.l*d0 70
54
71
Kao. City A 8 —1st. 6 », g ,..1 9 l6
C.O.C. A 8t. U , Cairo dl v.—4s, 1939
80 1
95
bay
Bt.Loa.Dlv.—Utc<oLt*’ t4AA.1090
Ft, 9. A V. B. Bg. -1st, 0 *... 1010
to,B, A.Colottutas’ n—os ,g.lB .
8nrln*.ACaLDIv.~l«t»g.4s. 1940 . . . . . . . . . . IfMemphis A Chari.—6 », g o ld ..3024
Kansu* Midland—1st, 4», g. 1937
U t con. Tenn lt«o, 7 s........... l t d 5
WhlieW. VrLlilv. —Ist.g. 4ft. 1940
flt. Paul A Duluth—1*1,5*. ...1031 102
CSn.Wkb.AM.Div.—
1091 0 0
Mexican Cent, CousoL—Is, «. 1011
2d mortgage Ss.................. ..1917 9 7
1st. con*. Income 3s, g........loan
a n . I. St L, A C.~l»t,k-„«-.!:#3'
to
8 C. Paul Mi mi A M.— 1st, 7s... 1900 1 0 7
- - l i Mexican National— 1 s t,g .,0 s 1027
Consol
1920
2 dm ort., 6 » . .......................... 1909 112
2*1, Income, 6», “ A” ..............1917
Miaueap. Union—1st, Os___1022
Cls.8an.ACt -C nri.ut.g As. 1928 i o i
CLCol. Cin. A tn*i.—1st. 7».s.f.lBlr.i 113 t 15 |l 2o. Ihc* tue. 6s. ••8 ” ............ 1917
Muni. Con.—1st, guar., 6 s.. 15)37 10T
Mi-In can C e n tr a l— d » ................. 19o;i
Census, sink- fund, 7 »...........1914 U S
1st guar. g. 5 s . .. ..................1937 9 1
90
Cieve, A M u,. V.—Gold, r « ... 1938 '103 ...... !! Cou|K)»,5s............................1931
East, Muiti., Ut d!v. 1 s t 6 k. 1008 * J J
115
Ob;,a. m;,A O fe r,.-. u>, c - .. . ; i,.
Mortgage 4 * .............................. 1940
io o
Ban Fran. A N. P.—Ut, g„ 5s. 1919
90
2d. 6#..................................... 1920
: : : : : i Bat-C.&etrgls.— l*t,y ..K .g u .l8 a 0
South Carolina—2d, 6 »...........1931
Del. Lack. A W .-Mort. 7 s ....1901 125
111, L. B.AW ,—Oonv. den., js .1 0 0 7
lu«ou,c. Us........ ...................1931
Sjra. Bing. A
V. -le i. 7s. 1906 123 129
Mich. Div., U t, 6s................ 1924 i'tT
so. Pae. Coast—let. guar..4*. 1937
Korns A Essex—Ut, 7»___l u l l Kiel.
fer.UK.As
’11 of 8i.L.-Ut,4»«*. 1939
..... |
Bond,, 7*............................IwOO U 2 -* ........
I n c o m e * ........................................ ..
......
7s of 1871...........................1901 S19
MiHB.A Hfc 1---- 1st. g. 7«......... 1027 i' 1' 6 "
10 2
1st, con., guar., 7s............ 1915
j,,_wnt
Iowa Extension, 1st,7»------iw a 1 1 0 1 2 0
m
C o n s o l. 5 * . g ............ ..................
D»i. A Hud. ilka.—coupon 7*,l 694 lu 2 >e 103
___,
2 d itjo r t g ., 7 s ............................... 180 1 1U0
1 Third Avenue (N.Y),— 1st 5s,
no
Pa. D o ., coup., 7s................1917 13>
Southwest Ext,—1st, 7s...... I0ut 103
Tol. A. A. A Call.—6 " ............. .
97 hj
Albany A »u*q.—Ut, gu.,7» 1906 r ......... 127
P»«itlo Ext.—1st, 6 s ........... 10*21 1 0 4
I i 'o l e o o A . A . .v O ’ d T r — g . 6 S .1 9 2 1
1st,cons., guar., 6*........ m » ,
Itopr. A equipment, t.-........ l»2a 1 0 6
U7
.......
Bens. A Bar,—1st, coup.. VfcJOki . . . . .
Minn. A Pae.—1st uiortg., 59.1936
T o l. A . A . A N . SI— ft*, g . '. ------1 9 4 0
*3 5 "
Denver City Oahu— 1st. 6»...19l»»
93** .MUin.et.P.Aa.S.M—utc.g.4».103a
T .4 0 .C .—K au .& M ., Mart. Is.l.lu o «
70
Decv. Tramway—* one. 6s, g. 1910
____,
99
Mo-K-AT.—K.C.AP.. let, 4S.g. 1990
6 3 -* f U ls t e r A D e l.—1 s t , e o n .,6 .,5 * . 1 9 2 3 •100
Metropoi. tty.—i»t,Ku. s .o s .iu n
Dal. A H ac»— 1st, 5», g u .... lu lu
1021*
Denv. A K. u .—Imp,, g„ 5 s .. . lik e . . . . . .
Missouri Pacifle —Trtii,t 5 s ,..1 0 1 7
1 s t, 6 » ..............................................1.80
69
U*3
Dttlath A Don R a n g e -1st 5ft, 19.7
“9s '
1st coll., 5*. g ........................... 1020
1st, 68.........................
189a 1044* 104*
63
* . Teat), Va. * U ».~l*t, 7*... 1900 100
S t U A L M .- A r k . B r . ,U t ,7 A U W 3
C o lla t e r a l T r u s t , 6 a ..................19 ub
99
Divisional 5s.........................Itiyo 106
M o b ile A O h io — U t ext., 6 s . . ,10*27
C o lla t e r a l T r u s t , 5 s ............ . . t w o "
U t eru, gold. 5 ».................. 1937 . . . . . . 3 9
m. L. A Cairo—u , guar...... 1931
Kansas P u citto — 1st 6s, g . ..l 3 9 o •too 103
K q.Aln.p.,g.,Ss................... 183e
M o rg a n * * L a . A T ,— 1 s t, U«----- 1 9 2 0
1 s t, 6 e , g ......................................189 6
102%
Moblle A Birin.- 1st. g.,5 s..1937
1st, 7»...........................................1918 ll) 8
0 . Br. U. P . - F , 0 ., 7 s........... 1695
......
Alabama Central—1st 6« .. . la in i b o "
Nash. IJlta*. A Bt. X*—2d, 6 s .. 1001 10O 106
A t c h . Col. A I'ac.— 1 s t, 6 a ...1 9 0 ;
"46 "
«H e —let, extended, 7*....... ».idt*7 n l < ^ m s N . O . A . N o . L -P r . L. g .. 6 # .. 1 0 1 5
Atoll. J. Co. A W.— U t , O s...1905
2d, extended, 5s..... ..............lulu 107 *» t l 2 v N. Y. CeutraL—I 'e o . g.
|0o,i l'oii*
U . P . L i u . A C o l.— la t,g .,5 s . t i l l s
«5>S
3d, extended, t v * ................ 10*3 1 0 s 100
O r e g .8 .L .A U .N .,o o l.t r » L ,o n . 19111 ......
N. J . J u u c — G u a r . 1st, 4 » . .. l M 8 6
49
4th, extended, 5s.................. I0 gq 107
B e e c h creek—let, gold. 4* . ,1 0 3 0
97 Uat* U ta h A N o r t h .— let, 7 s ........ l u o e
Ath, extended, 4s.................. 1929 0 6 1 0 * '
Osw.A Kouie—2<l,5*,g.,gn.l«15 103
G o ld , 6 b .......................................1 9 2 6
(30
1st. ton., g., t d. 7 s ............. 1920 ’120
U t ic a A HI. R iv .—4 a , g „ tn i.1 0 2 2 101
U ta h S o u t h e r n —^Gen., 7 * . . . 1 9 0 9 *
90
S. Y. N, U. A H .—1st, res 4a. 1003
fAO'Ho u t lien. Be........
lir e
E x l e u . , t a t , 7 s . . ....................1 9 0 0 ' ..... 90
B. N. Y. A K - 1st, 7s.......... 1916 S2 « '
N. Y. A NortUern—1st, « 5». 19*27
V a lle y K'y C o . of 0 . — C o n . 6a. 1921
» . Y, L. E. A W.—Col. tr„«e. 19**2
2 d , 4 a ....................................... - .1 9 2 7
Wabaeb—Debenture, Ser. A ..1 9 J 9
Funded coup.,5s...................19«» ' 5 6 '
90
N, Y. 8 u * q . A W e s t . - 2 d , 4>aa. t » 3 7
D e t . A C n io . E x t . 1 s t , 5 s , g . . 1 9 1 0 'V s" 106 “
Buff. A 8. W. Mortg. 6 s .... 196s
G e u . m o r e , 5 * . g ....................... 1 9 4 0
95
No. M is s o u r i— 1 s t, 7 a .............169 5
98
10 2 •* 104
JeSerson—1st, gu. g. 6* ....1909
8 L L .K .C .A N .— R.E,ABR.7a.l89i*1 •0 1 .
97 H N. Y . T e x . A M e x .— 1st .4 s ,g u .l 9 1 2
Coal A KK.—Be......................192*
N o r t h 'n P a o tn c — D i v i d 'd « « n p e x t .
BLCharles Br'ge— 1 st,0n.. . 190c 1 UI*< ——
Eureka B priogs-u t,
e * ... 1023
J a u i e * R i v e r V a L — 1st, 6 S ...1 9 3 0
West. Va. C. A Pitts.— let, O s.lfU l
Evans. A T.H .-lst.oous ,6*.. 1921 1 1 5
B p o k a a e A P a l.— 1st, 6 * ......... 10.16 ♦52
W heel.AL.E.— 1st. 5 b, g o ld ... 1920 *9i~
*st, general,
i s ............... 1943
Kiiensloti A, Itnti.
a*
. •<>„
St,Paul A N . !•,— G e o ., 6 s ..1923 167 111
* No price Friday; the*e are tit

latest gaotaUot**

de this week.

F o r n i x w l l i i K O V * A I n l h n d H o o d * —See 3d D“ gw p'Bdwtmg

716

THE CHRONICLE.
R oads.

Im u e slm jc ix l
in t e llig e n c e .

1 he In v e sto r s’ S u p p l e m e n t ,
c o n ta in s e x te n d e d

a p a m p h let

of

150

pa ges

ta bles o f th e S to c k s a n d B o n d s o f R a i l ­

r o a d s , a n d o th er C o m p a n ie s , w it h r e m a r k s a n d s t a tis t ic s c o n ­
c e r n in g th e in c o m e , fin a n c ia l s t a t u s , e t c ., o f ea ch C o m p a n y .
I t is p u b lis h e d o n

th e

la s t S a t u r d a y o f e v e r y o th e r m o n th —

v i z .,

Jan u a ry,

and

M a r c h , M a y , J u l y , S e p te m b e r a n d N o v e m b e r ,

is fu r n is h e d w i t h o u t e x t r a charge, t o

a ll r e g u la r s u b ­

s c r ib e r s o f th e C h r o n i c l e .
The

G en eral

s ix pa ges o f

Q u o ta tio n s o f S to c k s a n d

the C h r o n i c l e ,

B o n d s , o c c u p y in g

a r e p u b lis h e d

on

th e

th ird

S a t u r d a y o f ea ch m o n th .

R
A
IL
R
O
A
DE
A
R
N
IN
G
S
.
R oad 8.

Latest Earnings Reported
Week or Mo

1893.

*
A d iron d a ck .---. August___
3 8.198
Allegheny V ai. Septemb’r. 180,862
A tch .T .A S . Fe* 2d wk Oct.
909,040
St. L. & San F. 2d wk Oct.
173,236
Agg. to ta l... 2d wk Oct. 1,082,276
Atlanta&Ckar.o July........... I 43,355
B.AO.EastLines Septemb’r. 1,733,354
Western Lines Septemb’r. I 534,802
Total............. Septemb’r. 2 ,268,155
B al.A O . South w. 3d wk Oct.
52,8 1 4
B a th A H a m ’nde August___
2.627
Bir. & Atlantic.. Septemb’r.
1,728
Bir.Bh.ATenn.R J u n e ..........
4,814
Brooklyn K iev.. 3d wk Oct.
33,9 4 9
Bnfl.Roch.&Pitt 3d wk Oct.
62,189
Bur.C.Rap. A N lstw k Oct.
119,933
Camden & A t l.. August___
174,057
CanadianPacitlc 3d wk Oct. 4 8 4 .0 0 0
Car.Cum.G&Ch, J u ly...........
3,633
Car. Midland___ Septemb’r.
6.145
Central of N. J Septemb’r. 1,214,792
Central Pacific.. August___ 1,362,915
Central of S. C .. J u ly...........
6.146
Char. Cin. ACliic. Septemb’r.
8 ,100
Charlest’nASav August
29,310
Char.Sum.A No. Septemb’r.
11.000
Cliat’qua Lake.. J u ly...........
6,030
Cheraw .ADarl.. August___
5,045
•Ches. A Ohio___ 3d wk Oct. 1 83,530
Ches. O. A.S. W August___
187,193
Chic. Bur. & No. August___
169,306
Chic. Bur. & Q. August___ 3,076,396
Chic.& East. Ill 3d wk Oct.
128.000
Chicago & Erie. August___
296,466
Chic. Gt. West’s 3d wk Oct.
104,611
C h .J .R .A U .S .Y . April.........
188,687
Ghio.Mll. A St.Pt 3d wk Oct. 91 6 ,6 5 6
Chio. A N ’tliw’ n Septe’ b’r.A 3,325,121
Chic.Peo.AS.L.fc Septemb’r.
84,63a
Chic. R ’k I .& P .. Septemb’r. 2 .1 18,589
Chio.St.P.M.AO August___
561,803
Chic. A W . Mich. 3d wk Oet.
4 3 ,0 0 6
Cin. G a. A Ports Septemb’r.
6,607
Cin. Jack A Mac. 3d wk Oct.
11,691
G n .N . O. A T . P 2d w k Oct
75,4 5 0
AJa.Gt. South. 2d wk Oct.
38,898
N .O rb A N . E. 2d wk Oct.
40,277
A la. A Vicksb. 2d wk Oct.
14,089
Vicks. Sh. &P. 2d wk Oct.
11,727
Brian ger Syst. 2d wk Oct
180,441
Cinn. Northw’ n Septemb’r.
1,956
Cin. Ports. A V.. Septemb'r
2 2 ,0 2 0
Col. A Maysv. Septemb’r.
1,481
Clev.AkronACo. 2d wk Oct.
18,810
Clev. Can. A So. J u n e . . .
103,000
Cl. Cin.Ch.AS.L. 2d wk Oct. 294,855
Peo. A East’n. August___
1 5 9 ,2 6 5
Clev. A Marietta 4tliwkSep.
7,971
Col. Newb. «SrL. J u ly...........
4,291
Col. H. V. A Tol. Septemb’r. 310,304
Col.BhawneeAH Septemb’r.
60,091
Colusa A L ake.. Septemb’r.
2 ,600
Conn. River....... J u n e . . .
Current R iver.. 2d wk Oct.
2,018
I>env. A Rio Gr. 3d wk Oct
145,300
D es, M .No. A W. Septemb’r.
43,5 6 2
Det.BayC.AAlp. Septemb’r.
20,400
Det.Lans'gANo 3d wk Oct.
25,463
DuluthS.S.AAtl. 2d wk Oct.
39,3 4 0
D uluth & Winn.. August___
17,309
E.T enn.V a.A Ga 2d wk Oct. 124,185
Elgin. Jol.AEasi Septemb’r.
82,090
Eureka Springs. A ugust..
6,398
Evans A In d ’plis 3d wk Oct.
7,356
E vans. A Rich.. 2d wk Oct
2,206
Evan sv. A T. H. 3d wk Oct.
37,161
Fitchburg
August___
5 73,221
F lin t AP.M arq.. 2d wk Oct.
47,944
Florence
July...........
6,571
Fl.Cent. APenii: J u n e .........
99,629
F t. W . A Rio Gr Septemb’r.
21<405
• Gads. A A tt. U .. Septemb’r
639
Georgia R R ........ Septemb’r. 107,424
Ga. CarTa ANo July...........
31,247
Goo. So. A F la ... Septemb’r.
57,0 0 0
Georget’n A W ’n July...........
3,641
G r. Ran. A ln d .. 2d wk Oet.
40,3 0 7
Cin R .A Ft. W. 2d wk Oct.
7,095
Other lin e s.... 2d wk Oct.
2,628
Total all lines. 2d wk Oct.
50,030
C rand T run k.. . Wk O ct.21
476,980
Chic. A Gr. Tr. Wk Oct. 7 1 3 0 ,0u6
D et.G r.H .A M . Wk Oct. 7
25,314
Gr. P.W al. A Br. July...........
1,899

1892.

Latest Earnings Reported.
Weekor Mo\

AND

J la x lr o a x l

[VOL. LYII,

Jan. 1 to Latest Date.
1893.

1892.

9
9
119,205[
110,658
1,894,653! 1,925,149
3 0 ,5 2 1 ,7 5 4 30,477,808
6,778,402! 6,975,194
37,300,15 6 ,3 7 ,4 5 3 ,0 0 2
405,726
418,457
14,248,038 14,823,936
4 ,666,606 4 ,5 70,473
18,914,645 19,394,408
2,089,721 2,123,391
15,384
15,819
30,703
22,437

19.787
2 40.192
931,634
213 ,0 5 3
1,144,687
51,288
1,984,600
610,110
2 ,594,709
54,293
2,859
3 ,372
21,206
38,177 1,487,979 1,502,908
69,846 2 ,763,122 2,570,001
10y,411 3 ,039,666 3,156,278
605,761
632,402
174,796
469,000 16,512,891 16,715,002
26,421
16,659
1,211
44,906
41,3 8 0
7,838
10,637,071
10.915.071
1,343,298
1,475,144 9 ,364,264 9,639,723
57,367
61,191
7 ,397
102,666
103,383
12,266
4
47,£59
418,979
32,655
109,473
101.237
13.000
32,8 9 7
30,253
5,867
57,440
49.310
5,736
207 ,7 4 0 8,106.203 8,008.431
207,151 1,529,715 1,414,795
2 30,465 1.521,444 1 ,3 52,8*9
3 ,7 20,196 25,001,778 25,171,171
98.0 0 0 3,644,062 3,315,237
235,401 2 ,0 13,636 1,807,045
108,072 3,5 0 1 ,7 7 6 4,067.039
821,281
203,343
925,826
828,015 26,84^,914 26,976,230
3,633,927 23,341,202 24,356,279
124,486
2,170,799 14,457,971 13,663,654
788,483 4 ,984,277 5,500.626
47,017 1,5 5 7 ,2 1 9 1,606,276
52,142
52,025
7,001
563,836
546,276
15,8 2 0
79,9 3 2 3,099,194 3,295,469
30,151 1,323,505 1 ,357,036
973,931
26,8 0 6 1,033,105
405.801
459,111
10.787
401,221
381,248
12,066
159,742 6 ,242,853 6,486,768
15,102
1 '.343
1,738
200,843
27,815
191,538
11,124
1,323
10,873
777 ,2 5 9
21,597
7 80,623
449,797
81,866
373,080
30 6 ,3 7 2 1 0 ,8 89,982 11,625,221
153,312 1,1 1 6 ,1 6 4 1, 46.636
249,017
10,102
245,699
3,11
37,303
24,801
322,581 2 ,4 83,516 2,462,438
65,715
19,172
3,932
22,602
583 ,3 5 0
562,970
120,134
4,694
158,142
162,300 6 ,2 5 6 ,6 7 3 7 ,278,612
305,841
38,454
308,184
324,744
32,793
272,254
28,02k
973,16b
9 8 8 ,l s 2
45,424 1,7 2 3 ,3 1 5 1 ,795,950
9,892
190.681
84,899
134,810 4,3 3 0 ,0 2 0 4 ,8 »3,425
680,064
75,804
620,286
57,107
8,509
53,3 1 0
299,399
7,688
307,539
3,874
25,734 1,1 4 6 ,9 3 5 1,048,765
691,209 4,8 6 2 ,0 6 3 4,8 6 8 ,1 0 6
55,4 4 0 2,2 1 9 ,4 4 3 2 ,2 53,035
86,736
1,670
20,6 8 2
97,667
34,461
252,668
2 5 3 ,3 3 1
1,124
7,431
10,819
954.019 1,0 4 7 ,3 2 4
1 30,582
20,465
111,415
273,527
63,484
5 89,199
543 ,3 0 9
3,487
27,058
27,516
53,992 1 ,764,890 1,958,262
9,755
347 ,0 0 0
391 ,0 9 0
160,059
5,492
193,979
69,239 2 ,2 71,949 2.543,331
439,202 16,066,118 15,867,295
67,602 3,185,648 2 ,8 58,599
26,023
923, 76
8G1.539
3 >932
1 2 .9 5 4
13,354

1893.

1892.

Jan. 1 to Latest D ale
1893.

1892.

Great Nortli’n »
55
9
St. P. M. A M Septemb’r. 1,380,431 1,413,808 9 ,355,738 8 ,9 5 8 ,4 4 9
East, of Minu Septemb’r.
149,771
8 31,375
863,363
125,607
Montana Cent Septemb’r
83,242
111,320
8 5 3 ,3 7 4
840,135
Tot. system. Septemb’r. 1,613,44. 1,650,735 11,059,23 10,643,199
G ulf A Chicago Septemb’r.
2,622
2 5 ,5 9 7
28,484
2,895
Harts v i lle ....... . July...........
313
6,171
556
6 ,1 1 7
Hoos.Tuu.AW il Septemb’r
27,435
3,212
3,115
2 6 ,5 5 6
Hons. E. AW . Tex Septemb’r.
30.756
35,618
Humest’n AShen Septemb’r.
14.000
1 0 4 ,4 8 2
14,292
96,809
Hutch. AS outli’ n August___
46,148
4 9 ,2 2 8
11,104
7,937
Illinois Central. Septemb’r. 2,126,088 1,762,823 15,725,511 13,9 1 9 ,5 5 4
Ind.Dec.A West. Septemb’r.
312,791
38,007
3 8 2 ,2 7 8
53,028
In .A G t. North’n 3d wk Oct.
110,768 3 ,134,637 3 ,0 6 6 ,4 8 5
111,313
JInteroc. (Mex.) Wk Oct.
29,349 1,634,254 1.4 2 3 .6 0 0
40,669
Iowa Central.
3d wk Oct.
51,799
47,275 1,509,882 1,5 2 3 ,5 3 0
Iron R ailw a v.. Septemb’r.
2,931
2 5 ,9 8 3
28.969
3,533
29 8 .8 1 7
Kanawha&Mic 3d wk Oct.
283,440
6,682
6.094
Kan C. Cl. A Sp 2d wk Oet
258 ,8 7 3
6,342
5,902
2 4 8 ,1 1 6
10 5 ,4 6 0 3,619,545 3 ,8 1 1 ,4 0 7
91.041
K .C.F.S.AM em 2d wk O ct
K .C .M em .AB ir 2d wk Oct.
831 ,5 4 3
22,140
821,559
22,418
K. C. Pitts. A G. 2d wk Oct.
136,556
2,197
4 7 ,0 5 7
5,630
3 .45 f
Kan.O. Sub.Belt 3d wk Oct.
1.521
104 ,5 5 5
201,995
Kan.C.W y.AN W 2d wk Oct.
8.865
7,395
Keokuk A W est. 2d wk Oct.
3 0 4 ,2 " 1
8,391
3 1 2 . ft5 7
9.118
L.
Erie All.
A So.
Septemb’r
5 9 ,5 7 8
7,125
6,184
58,858
L. Erie A W est.. 3d wk Oct.
65.159
76,8 1 0 2,891,143 2 ,8 3 8 ,9 0 9
Lehigh A H u d .. Septemb’r.
54,494
3 3 7 ,9 6 8
435,< 02
46,115
Long' Island___ 2d wk Aug 129.542
1 36,226 2 .661,474 2 ,6 5 7 ,0 4 0
239,859
24 3 .9 5 1
Louis. A Mo.Riv. J u l y ..........
36,070
38,911
3S, 908 1 ,44 2 ,9 «5 1,1 8 5 ,7 9 9
Louis.Ev.ASt.L. 3d wk Oct.
3^,605
16.513,334
1 7 ,2 07,784
Louisv. AN ash v . 3d wk Oct.
46 8 ,8 1 5
391,765
90,7 9 3
Louis.N .A.ACh. 3d wk Oct.
67,860 2 ,8 9 9 ,3 0 6 2 ,6 5 7 ,2 2 5
L ou.S t.L .A T ex. Septemb’r.
51,922
37,345
5 4 ,4 6 1
Macon A Birm.. Septemb’r.
48.871
5,512
4,943
7 ,0 3 0
M ancbes.AAug. July...........
8.569
952
77"
70,736
7 9 ,8 3 0
Manistique......... Septemb’r.
266
665
26,092 1,051,915 1 .0 9 1 .4 7 3
24,350
MemphisAChas. 2d wk Oct.
IMexican Cent. 3d wk Oct.
179,069 6,2 9 0 .1 2 6 6 ,2 3 2 ,9 3 0
183,713
Mexican Inter’l August---141,001
161,418 1,358,613 1 ,2 0 3 ,7 3 9
[Mex. National, 3d wk Oct
113,229 3,414,991 3 ,5 7 7 ,5 4 6
79,035
t Mexican R’ way Wk Oct. 14
56,500 2,425,416 2 ,3 7 6 ,5 0 5
52.000
Milwaukee A No 4thw kJ’ne
52,183
7 9 6 ,6 6 8
854,449
55,361
9 8 ,8 8 4
Mineral Range. Septemb’r.
87,570
10,991
10,767
M mneap.ASt.L. Septemb’r.
1 7 6 ,3 0 4 1 ,2 93,512 1 ,4 3 6 ,2 7 2
162,961
M.
St.P. A2d
S .8.M
75*422 2,5 6 8 ,1 9 7 2,3 7 8 ,6 3 1
58,580
wk .Oct.
Mo. Kan. A T e x .. 3d wk Oct. 322,684
2 32,568 7,876,840 7 ,5 8 1 ,6 6 6
M o.Pac.AlronM 3d wk Oct.
5 83,000 19,824,716 2 1 ,7 4 1 ,0 8 8
502 .0 0 0
Mobile A Birm. 3d wk July
3,727
3 ,524
Mobile A O h io.. Septemb’r. 2 28,221 272,741 2 ,3 54,373 2 ,4 1 5 ,9 4 7
745,489
5 3 8 ,4 2 6
Mont. A Mex. Gif Septemb’r.
75,2 8 2
65,268
Nash.Ch.A St.L. Septemb'r.
353,541
4 48,128 3,573.517 3 ,8 0 8 ,8 7 8
2 6 .2 5 0
Nevada Central August___
28,626
4 ,267
2 ,330
1 7 5 ,1 8 4
185,634
N. Jersey A N .Y . J u ly...........
31,830
33,687
8
6
,2
5
4
9 8 ,7 2 8
NewOrl.ASo’n .. Septemb’ r.
11,256
7 ,777
N .Y .C .A H .R ___ Septemb’r. 4 .2 21,704 4,212,115 34,882,661 3 3 ,3 9 1 ,6 0 3
N. Y . L. E. A W . J u n e .......... 2,668,683 2,742,729 14,488,3c7 14 ,7 9 3 .2 0 3
N .Y .P a .A O h io.. July.
605,35o 4,1 8 8 ,2 3 2 3 ,9 9 2 ,0 4 ?
6 09,316
3,0 9 8 .5 7 0 2 ,9 0 6 ,0 0 3
N. Y .A N .E n g ... June
4 1 3 ,7 8 2
N .Y . A North’ n .. Septemb’ r.
4 52,758
5 4 ,8 2 7
51,065
N .Y . Out. A W . 3d wk Oct.
8 9 ,5 9 9
70,667 3 ,1 65,856 2 ,8 0 5 ,9 1 9
N .Y Susq. A W .. August___
1 58,812
162,557 1,155,854 1 ,1 1 3 ,1 2 7
3 2 1 ,1 1 0
3 2 7,3 *4
Norf. A South’ n Septemb’ r.
29,3 6 2
33,4 1 3
N orfol k A W est. 3<i wk Oct. 2 3 7 ,4 3 0 2 3 5 ,2 -8 8,0 6 6 ,9 4 2 7 ,8 3 1 ,6 5 8
399 ,6 5 9
N’ theast’n (S.C.) July...........
4 10,689
33,685
34,9 5 3
North’n Central. Septemb’r. 58 2 ,5 4 6 650 ,0 7 0 5,2 0 8 ,8 9 9 5 ,2 1 9 ,4 3 5
NorthernPacitic 3d wk May
418,233
368,379 7,0 0 9 ,6 4 6 7 ,7 4 8 ,8 4 2
Wis. Ct. Lines. 3d wk May
86,763
96,583 1,843,353 1 ,9 7 1 ,8 1 8
N .P .A W.Cent. Septemb’r. 2,3 3 5 ,3 5 4 3,146,673 18,071,714 2 1 ,6 9 9 ,9 4 1
Oconee A W est. Septemb’ r.
.............
1,947
410 ,6 2 9 3,1 0 8 .1 0 5 3 ,1 0 3 ,1 1 2
Ohio A Miss........ Septemb’r. 360,174
Ohio River.......... 2d wk Oct.
18,997
22,8 1 0
641 ,0 6 6
5 9 9 ,3 8 6
4 4 ,7 5 8
5 9 ,3 9 2
488 ,1 6 8
4 7 8 ,8 7 2
Ohio Southern.. Sepiemb’r.
4 0 ,2 0 2 ‘ 53,6 1 4
365 ,4 5 8
3 8 0 ,5 9 4
Omaha A St. L .. JAugust.
3 5 9 ,7 1 6
393 ,0 0 0 2,5 3 3 ,7 8 2 2 ,5 8 8 ,5 8 2
Oregouliup. Co. jAugust___
17,138
19,9 2 0
224 ,9 0 4
149,127
Pad.Tenn.AAla. Septemb’r.
13,666
18,195
161,894
135,241
Tenn. Mid I’d... jSeptemb’r.
5,3
9
4
,5
1
0
6,0
9
8
,0
2
4
50
,3
0
3
,9
5
1
5
0
,£
9 8 ,7 5 4
Pennsylvania... Septemb’r.
18,0791
17,926
7 0 4 ,7 0 0
6 9 1 ,6 4 3
PeonaD ec.AEv.j3d wk Oct.
3
2
.9
7
0
3
9
,7
1
4
370
,3
8
2
3
7
6 ,3 7 7
Petersburg......... IAugust
4 3 3 ,5 5 3 ' 5 1 3,035! 3,4 3 7 ,7 8 5 3 ,2 6 1 ,1 4 8
Phila. A E rie ...!A u g u st___
Pliila. A Read’g. August___ 1 ,896,267 2,0 2 2 ,6 4 7 14,688,58 l 1 4 ,6 8 8 ,4 2 8
Coal A ir . Co.c. August___ 1 ,701,185 1,9 7 1 ,3 3 7 2 6 ,8 13,199 2 0 ,0 6 3 ,5 4 6
Total both Cos. August___ 3,5 9 7 ,4 5 2 5 .3 9 3 ,9 8 4 4 1 ,5 0 1 ,7 7 8 3 4 ,7 5 1 ,9 7 4
Lehigh Valley. M ay............ 1,490,781 1,567,463 7,1 3 2 ,4 5 3 6 ,9 0 2 ,2 3 5
28,7 6 1
2 7 ,7 3 0
3 ,466
Pitts. Mar. A Ch. Seotemb’r.
2,587
2 8 5 .1 8 2
367,764
43,0 7 3
Pitt.Shen.AL.E, Septemb’r.
52,4 3 4
Pittsb. A West . Septemb’r.
142,955; 1 22,008 1 ,198,659 1,0 3 8 ,7 7 9
4 7 1 ,9 8 8
605,802
60,142
75,626;
Pitts. Cl. A Tol. Septemb’r.
2 3 8 ,0 0 2
276 ,2 8 7
25,335
3 2 ,5 8 0
Pitts. Pa. A F. Septemb’r.
49,8 6 8 2,2 7 0 ,0 3 6 1 ,8 9 8 ,3 7 6
Total system.. 3d wk Oct.
6 4 ,v 59
9 7 0 ,9 4 3
9 75,654
Pitt. Young, a A August___
94,622
1 3 4 ,0 *8
130,581
163,691
13,637
Pt. Roval A Aug. J u ly...........
17,871
151 ,3 3 3
180,525
20,363
Pt. Roy.AW.Car. J u ly...........
21,8 9 0
2 0 8 ,8 2 6
198,243
27,0 5 3
Quincy O .AK .C . Septemb’r
26,5 9 5
5 0 6 .8 6 5
522,448
55,8 0 0
Rich.Fr’ksb.AP. August___
45,523
2 3 8 ,5 2 1
236,826
28,158
Rich. A Petersb. AUgUSt___
23,1 3 6
5 1 3 ,6 4 5
391,309
16.259
Rio Gr. South’ n 2 d wk Oct.
7,5o9
54,6 0 0 1 ,813,769 2 ,1 1 4 ,3 6 8
Rio Gr. W est’ n.. 3d wk Oct.
5 0 .9 0 0
89,6 7 9
96,9 4 6
12,5 3 0
Sag.TuscolaAH. Septemb’r.
11,9 3 0
60,801
63, L07
7,941
Sag.Val. A St. L. August___
7 ,525
35.2 6 0 1.22a,554 1 ,1 5 7 ,8 6 2
30,1 4 0
St. L. A . A T. H 2d wk Oct.
2
1 .7 0 5
19,428
2,325
1 ,874
St.L.K en’etASo. Septemb’ r.
8t.L.Bouthw’rn, 3d w k Oct.
113.000 114 ,5 0 0 3,742.491 3 ,4 6 0 ,8 3 2
1
,4
78,261
1
,274,364
St. PaulADuTtb Septemb’r.
160,684 22 9 ,1 1 8
9 2 4 ,6 9 0
15 3 ,8 5 2 1,097,529
124,672
San Ant. A A. P August___
6 4 8 ,8 7 1
620,334
8 9 ,-----S.Fran.AN .Pac. Septemb'r.
77,778
3 7 3 ,3 5 0
365,549
50,7 0 9
Sav. Am . A Mon. Septemb’r.
36,918
1,6
5 3 ,2 0 2
1,552,427
Sav.Fla. A West J u n e ..........
6 5 ,7 5 6
46,6 9 6
15,112
” 7 ,5 0 0
Silverton............. Septemb’r.
1
57.865
150,759
30,742
Sioux City A N o M a y ...........
28,5 7 0
1 3 4 .9 2 0
1 68,130
19.000
17,500
South Bound___ Septemb’ r.
9 4 6 .1 8 2
941,101
115,388
91.900
South Carolina. Septemb’r.
1 1 ,7 4 9
14,102
483
658
SouthANor.Car. July...........
So. Pacific Co.—
278 ,4 0 7 360 ,1 2 7 2,7 6 2 ,9 1 7 2 ,7 4 5 ,4 3 4
G al.H ar.AS.A August___
0 5 5 ,6 3 4
719,471
84,165
70,1 8 8
Louis’a W est.. August___
417 ,1 6 6 3,3 2 2 ,1 1 1 3 ,1 4 1 ,8 6 8
342.302
Morgan’sLAT August___
1 37,195
150.504
17,766
21,127,
N .Y .T . A M ex. A u g u s t....
149,836 1,192,362 1 ,0 77,672
117,503
Tex. A N .O r L . August___
7,8
1 7 ,9 7 8
832 ,8 0 8 1,034,78 lj 8.2 2 4 ,9 7 6
Atlantic sys .d. A u g u s t....
Pacific system A u g u s t.... 3,1 8 4 ,6 0 3 3,5 5 8 .2 7 4 22,957,939 .3 ,0 1 9 ,1 7 5
30
,8
3
7 ,1 5 3
Total of all.. A u g u s t.... 4 ,017,410 4 ,593,055 3 1 ,1 8 2 ,9 1 4
Coast Div(CaL)
993 ,2 5 1 1 ,0 7 1 ,0 0 1 1 7,0 9 6 ,3 6 0 6 .5 5 8 ,5 9 4
£
AugU3t..
Sou-Div. (Cal.)
133,3651 147,693! 1 ,340.193 1,2 5 8 ,8 8 2
Arizona D i v .. vugust___
6 p6 ,0 2 8
6 1 ,4 0 4
78,6291
629.788
New M ex,D i7 .'August

TH/E CHRONICLE.

O ctober 28, 1893.]
Latest Earnings Reported,

. i i ff-L a te s t D a te.

R O A D S.

W e e k o r J Io l

Spar. C"n. A Col. Inly..........
S t a t o n I s !. R . T . : A u g u s t ------

StonyCl.ACMt,. Aasrust....
Summit Branch. ;3ept»ntl>’ r.
Lyfcens Valley Sepiemb’ r.
Tot’i both CoVSeptemti'r.
Texas & Pacific. 3(1 wk Oct.
Tex,S ValAV.W Septemb'r.
ToLA Ohio Cents d <vk Oet.
To!. T. A West., t-iw k Oct.
Tol.St,LA tv.C. 3.1 tvk Oct.
Ulster 4 Del .. August---Union Pacific—

1893.

1392.

$
8.601

$

1 2 2 ,7 0 1
1 0 ,8 1 7
1 0 1 .4 3 7
8 6 ,1 9 0
190 ,636 -.
2 0 3 ,0 3 1

8 ,3 8 2
1 3 2 ,8 2 4

16,464

1 1 4 ,0 5 7
1 1 1 ,6 2 3
1 7 4 ,7 5 3

4.155

4 2 ,0 8 4

3 7 ,3 3 6

23.1 8 6
3 3 ,5 5 4

86,0 2 6

22,491
51.823
58,607

F
6,3 .7 7 6
7 2 5 ,9 7 6
3 6 ,7 1 9
9 3 3 ,1 3 7
7 9 5 ,2 8 5
5 ,8 1 8 ,6 7 7
3 3 .5 9 5

6 0 .3 2 3
7 4 7 ,3 6 7
4 4 ,6 8 5
9 6 2 .8 7 6
7 9 8 ,1 3 4
1 ,7 0 1 .3 1 0
5 ,0 9 3 ,1 5 9
3 5 ,6 5 4

1,601,852 1,555. ><5
7 1 1 .' 0 0
1 ,4 3 5 ,1 7 1
2 9 1 ,0 8 6

1.787,324
2 8 4 ,5 2 1

4 2 3 .7 0 1
6 3 3 ,5 4 1 4 ,1 0 3 .3 6 2 4 .6 2 1 ,5 7 9
2 3 7 ,2 5 5 . 3 7 3 ,1 1 1 2 ,3 * 4 .0 0 5 ; 2 , 7 1 7 ,3 8 4
540,143 3 ,1 3 5 .8 3 9 1 3 ,7 5 0 .0 3 5
2 9 7 ,2 1 0
2 4 .0 0 0
9 3 3 ,6 1 9 1
9 9 7 ,8 0 8
Bt.J A
3 0 .5 0 0
AUoUierlines. A u g u s t . . . 1 .1 9 6 .7 1 9 2 ,2 2 8 .3 9 0 13,035.918 14,730,370
T o t L '. P . S j s . A u g u s t ----- 2 ,5 4 5 ,0 1 9 3 ,8 8 8 .7 6 5 2'4,719,373 26,5si,639
664,3241 831,285
Cent.Br. A L.I.. August ...
7 1 .7 1 s
1 3 9 .0 7 9
551,379: 727.114
7 1 .1 2 1
90373
Montana On . August__
2,755
17.710
23.U1
X e-.iv. T o ;.. A 3 ., A u g u s t ___
2.515
27,100)
25,309
3 ,2 0 “
3 .1 3 0
Man, Al. ABar. August....
4,630.799
27,803,714
2
4
O r'.-c l t o t a l / v m m s t . . . . 2 . 6 5 8 , H i 4 .0 7 5 ,'
88,804
30.381
V e r m o n t V a lle y June .......
1t
11,397.931
Wabash............. 3 4 wit Oet. I * 2 2 .0 0 0 315.000 11,173,513
7.90 ;
62,561
.........
7 ,4 8 5
48,860
W a ll. C h e*. A W . A u g u s t ___
West Jersey, ... August__
2 3 2 ,0 6 0 . 2 6 6 ,0 6 6 1 ,1 9 6 .1 8 0 ! 1.186.276
91,3(59
8 8 8 ,3 4 2 !
Bt 5,830
W.V.Ceu.A P itts septeutb’ r. 1 0 1 .3 6 0
176,640
2 3 6 ,0 5 )
3 0 ,1 4 <
3 7 ,2 3 9 ;
West Va.A Pitts. Juiy ...... .
865.022
9 2 8 .1 8 0
West, Maryland. Septcasb’ f. 1 2 9 ,1 0 1 1 7 4 ,2 4 2
7 4 ,8 0 0 2.813,73 > 2,725,967
W o t. .V. V. A !\, 21
6 7 ,0 0 0 !
3 0 ,7 7 1
1,247,456 1,161,858
3 1 ,1 0 2
Wheel, A- I„ Brie .«! (vk Oct.
1 6 .8 1 3
1 4 .1 3 6
2 .2 9 5
2 .8 5 3
WU.O»dLACoa. July ........
3 7 4 ,3 5 0 '
W U . 061 . A A u g . J u l y . . .
4 7 ,7 0 .
4 0 0 ,4 0 7
3731"
6 ,5 5 2
8 ,7 9 3 '
Wrlghtsv.A Ten. Sojfteinb'r.
* I n c lu d e s c o l . M id . m i < » 3 a n ! 1 8 0 2 f o r w e e k a n d y e a r t o d a t e ,
1 I n c l u d e * M ilw a u k e e A N o r t h e r n f o r all p e r i o d * .
| I n c lu d e * W U . C e n tr a l t o S e p t e m b e r 2 6 I n c lu s iv e f o r b o t h y e a r s ,
a F ig u r e * c o v e r o n l y t h a t p a r t o f m il e a g e l o c a t e d to S o u t u C a r o l i n a
h K a r o l sum g i v e n a r e o n w h o le J a c k s o n v i l l e .S o u t h e a s t e r n S y s t e m
e T h e b w r ta e * * o f t h e L c h ix it V a ll e y a n d L e h ig h A W U k e » b .t r r « d e ­
p a r t m e n t * 1* I n c lu d e d In 1 8 9 3 . 4 I n c lu d e * e a r n i n g * f r o m f e r r i c * , e t c .,
n o t g i v e n s e p a r a t e l y . ; M e x i c a n e u r r e a o r . t T o L O o l. A O n . I n c lu d e d
f o r t h e w e e * a n d s l o e * .Tan. 1 l a b a t h v e .tr* . f I n c lu d e s o n l y h a l f o f
I t s * * l a w h ic h t r a m s P a e iA o h a s •» h a l f l i t s r x t . h I n c lu d e * f o r S ea*
t e m b t r v a r a lo g * o f M ilw a u k e e L a k e s h o r n A W e s t e r n In b o t h y o u r * .

Latest Writs* Earn lo s s by W eeks.—The latest weekly
earnings in the foregoing are separately summed up as follows:
Our preliminary statement o f earnings for the third week
o f October covets 39 roads m i shows a gain of 1*39 per cent,

B r o o k l y n E le v a t e d * ........
B u ff a l o 'K o c h . A P l t w b ’g
C a n a d ia n P o c t O c -----------C h e s a p e a k e A O h i o ..........
C h ic a g o A B a i t I llin o is
C h i c a g o <5f e a t W e s t e r n ..
C h ic a g o M B «-. A S ' P a tti.
C h ic , A V e s t M U t b lg a n ...
O tn . J a e k M m & M a c k in a w
B e a r e r A R io G ra n d * .
D e t r o i t L a a s t a g A -No
K-, i o * v . A In d ia n i p o ll* .
E v a n s v . A T e rre H a u te ..
G ra n d T ru n k o f C a n a d a .
X n te rn T a y e N o r t h 'n . . .
I o w a c « u l f * t ......................
K a n a w h a a M le b t c a n ....
K a n - C i t y S u b u r b a n B e lt.
L o a i s v . £ r a n * v . A * t . 1 ...
L a k e K n e A W e s t e r n .___
E o o is r U ie A N a s h v i l l e . . .
B o u ts . N . A l b a n y A C h ic .
M e x i c a n ( V a ; n ! ...............
M e x i c a n N a t io n a l...............
M o . K a a * a a * 7 « b h ___
M o . P a rttlc A I r o n M l___
N . V . O b u r i o A W estern
N o rfo lk ; A W e s t e r n .___ _
P e o r i a I m e, A K v a n a v ...
P it t s b u r g A W e s t e r n ........
R i o G r a n d e W e s t e r n .. . .
S t . J o s e p h A G tl. I s la n d ..
B t, L o u ts B o a t h w e a t c r n . .
T e x a s A P a c i n o ........ .
T o l e d o * O h io C e n t r a l . . .
T o l . S t . h . A N a n . C i t y . ..
W abash
W h s td in * A L a k e E r i e . . '
T o t a l (3 9 r o a d s ! . .

j

1993.
*
5 2 ,8 1 1
3 3 .0 1 9
6 2 ,1 8 9
-HM XN3
1 9 0 ,5 3 0
1 2 6 ,0 0 0
1 0 4 ,6 1 1
9 1 0 ,6 5 0
4 3 ,0 9 8
u .e t n
1 ».1.3<K)
2 % 163
7 ,3 3 0
3 7 .1 0 1
4 7 6 ,9 * 0
1 1 1 ,4 1 3
31.7*61
6 ,6 8 2
3 ,4 5 5
3 0 .6 0 5
6 5 ,1 6 9
3 9 1 ,7 6 5
9 0 ,7 9 3
1 9 3 ,7 1 3
7 9 ,0 3 5
3 2 2 ,0 8 4
5 0 2 .0 m
9 0 .3 9 9
237,4 m
1 9 .0 7 9
6 4 ,9 5 9
6 0 .9 0 0
2 1 ,0 0 0
1 1 3 .0 0 0
2 0 * ,0 4 4
4 2 .0 * 5
3 3 ,5 ) t
3 2 2 ,0 0 0
3 1 ,1 0 2
5 ,7 9 2 ,5 0 1

1892.
$
9 4 ,2 9 1
3 * ,m
6 *,8 4 0
2 0 7 .7 ifi I
9 9 ,0 0 0
1 0 4 .0 7 2
8 2 4 ,0 1 5
4 7 .0 1 7
1 5 .-2 0
1 6 2 ,3 0 0
H,Q22
7 ,8
2 5 ,7 3 k
43 9 ,-2 0 2
1 1 0 ,7 0 4
4 7 ,2 7 5
6 .0 9 I
1 ,5 2 1
3 8 ,9 0 4
7 6 ,9 1 0
I S * .* 15
6 7 ,8 6 0
1 7 9 ,0 8 9
1 1 3 ,2 2 9
2 3 2 ,5 0 9
5*8S,0 0 0
7 0 .6 6 7
2 3 -V 2 6 3
1 7 .9 2 6
4 9 ,9 6 9
5 1 ,8 0 0
3 0 ,5 0 0
1 1 4 .5 0 0
1 7 1 .7 5 3
3 7 .1 3 0
5 1 ,9 2 5
3 1 5 ,0 . »0
3 0 ,7 7 1

In crea se,
i
...............
...............
1 5 ,0 0 0
...............*
3 0 ,0 5 0
.............
8 9 ,0 4 1 !
...............

2

5 ,7 1 2 ,9 1 7

Wet increase <1 39 p.fl.i

Deerease,
*

1.470

4,228
7.657
'i T c i u o

'3,461
4 ,0 1 1
4 ,1 2 9
1 7 ,0 0 0

.59

332
1 1 .1 2 7
37,77.*
543
4 ,5 2 1
589
1 ,9 3 1

3 9 9 ,8 8 9 ;
7 9 .6 -4

*
P r s v l m o l y r e c ’ d 14 3 r ’d*> 6,645,329
C l » . J a c k s o n & M a c k in a w
13,124
C ln . N .O . A T e x . P.»<-,5 r d »
1 8 0 ,4 4 1
13,310
C a e r e . A k r o a A C o ln m b .
W e r e . O n .C h i n . A B t.
294 .8 5 5
C n ir a n t R i v e r . ....................
2.018
39,3 4 0
■Duluth 8 , 8 . A A t l a n t i c . ..
E a s t . T e n th V * . A . , a . . .
1 2 1 .1 - 5
l f v a n s v . A R i c h m o n d ___
2 ,3 0 0
47,914
M a t A P a re M a rq n e w . i.
5,002
N a n . C it y C ite , A S p r in g ,
01,041
g a b . ' C . 'f t ; 8 , A M e m . .
N a n . C it y M ain. A B lrm
22,1 1 0
5 .6 3 0
K a n . C it y r US.*, A G u lf . |
K a n . C . W j i l i . A N. W ..
7,39.5
8,391
K eokuk* W e s t e r n . !

1892.
*
G,9 5 2 ,6 3 2
1 3 ,8 1 5
1 5 9 .7 4 2
2 1 .5 9 7
3 0 6 ,3 7 2
4 ,6 9 4
4 5 .4 2 1
1 3 4 ,9 40
3 .8 7 1
5 5 ,4 4 0
6 .3 1 2

In crea se.
*
2 3 5 ,5 5 9
99

10 5 ,1 6 0
2 2 .4 4 *
2 ,1 0 7
8 .8 2 5 ;
8 ,1 ) 8

T o t a l ( 6 9 r o a d s ) ...............
S e t d e c r e a s e (4 -9 4 o . e , ) . .

7 ,7 5 7 ,3 7 7

8 ,1 6 0 ,0 2 3

$

$
1 ,7 4 2
4 ,5 0 0
1 6 ,8 4 2
3 .8 1 3
8 ,7 0 0
5 ,1 2 0
7 .8 0 0

2 5 9 ,6 9 1

N e t E a r n in g s M o n t h ly t o L a te s t D a t e s .— T h e ta b le £ol
lo w in g s h o w s t h e n e t e a r n in g s r e p o r te d t h is w e e k ,
A fu ll
d e t a ile d s t a t e m e n t , i n c lu d in g a ll r o a d s f r o m w h ic h m o n t h ly
r e tu rn s c a n b e o b ta in e d , is g iv e n o n c e a m o n th in th e se
c o lu m n s , a n d th e la te s t s t a t e m e n t o f t h is k in d w ill b e f o u n d
in t h e C h r o s i c l e o f O c t o b e r 8 1 .
T h e n e x t w ill a p p e a r in th e
Issu e o f N o v e m b e r 18.
.----- a r o s e E a r n in g s ,— -*,--------V e t E a r n i n g s .—
1893
1892.
-------1893.
1892.
R oads,
8
3
$
$
7 3 ,3 0 .?
109.090
A l l e g h e n y V i ) l< - ,r ...S e p t
1 8 0 .8 0 3
2 4 0 ,1 9 3
6 6 7 .3 3 0
757,360
J a n . 1 t o S e p t. 3 0
1 ,8 9 4 ,6 5 3 1 .9 2 5 ,1 4 9
9 4 .3 2 8
9 9 ,2 2 1
B u ff. R . A P i t t * . . b . S e p t .
2 0 0 .9 8 3
2 9 0 ,6 1 1
J a n . I t o S e p t . 3 0 . . . . 2 .5 7 4 ,9 0 1 2 ,3 6 0 .4 6 3
7 9 9 ,2 7 3
6 0 2 ,5 3 7
J u l y 1 t o S e p t 3 0 ----9 1 8 ,7 4 9
8 5 4 ,4 3 0
2 9 8 ,1 1 3
262,571
5 2 0 .5 4 2
592,610
C e n t, o f N . J e r s e y . a S e p t . 1 ,2 1 4 .7 9 3 1 ,3 1 3 .2 9 8
J »U . 1 til S e p t . 3 0 . .. 1 0 , 9 1 5 , 0 7 1 1 0 .0 3 7 .li7 L 4 ,3 2 0 , 2 * 0 4 , 4 3 5 , 3 8 4
C h e s a p e a k e A O h lo u S e p t .
8 5 2 ,0 9 9
9 3 0 ,7 3 5
304.364
3 2 0 ,6 5 4
J a n . 1 t o S o p t , 3 0 ___ 7 , 5 1 0 . 9 3 6 7 ,3 8 5 .2 1 4 2 ,3 2 2 ,3 7 6 1,966,056
930,131
9 3 1 ,8 8 5
J u l y 1 t o S e p t . 3 0 . . . . 2 .6 0 0 ,0 8 4 2 ,8 1 9 .3 2 1
C J jiC .M .A S t . P a n l.a S o p t . 3 , 0 2 3 .5 5 0 3 ,2 3 7 ,0 8 5 1 .1 6 7 ,1 0 9 1,162,534
J a n . 1 t o s e p t , 3 0 . . . . 2 4 . 2 3 5 , 1 1 3 9 4 , 5 5 1 ,3 6 6 7 ,3 9 9 ,0 9 1 7,59 1.892
J u l y I to S e p t , 3 0 . . . 8 , 0 2 4 ,7 4 8 9 ,0 2 4 ,3 2 3 2 , 5 4 3 , 3 6 5 2 , 9 4 5 ,5 1 8
4 ,9 8 4
E u r e k a S p r i n g * .......... A u g ,
6 ,3 9 3
8 ,5 0 9
3 ,6 0 0
25,190
J.UI. i
A-I.-. :;i . . .
5 7 .H If
53,4 1 0
2 9 ,6 3 9
71,796
t e w * C e n t r a l .......... h S e p t .
1 7 7 ,7 3 1
1 8 9 ,7 0 3
7 8 ,8 3 6
4 3 0 ,5 4 5
J a u . I to S e p t. 3 0 . ..
1 ,3 6 8 ,1 * 7 1 ,3 7 5 .9 4 8
343.364
1 4 6 ,0 1 5
J u ly 1 to “ op t. 3 0 . . . .
4 5 3 ,5 3 2
4 9 9 ,5 3 6
1 6 3 ,1 0 6
90,139
1 7 0 ,4 9 2
B o u ls v .N . A . A C . . a .S i ‘ p t.
3 7 6 .4 9 2
3 2 8 ,2 7 7
J a n . 1 t o S e n t . 3 0 . . . . 2 , 6 4 0 , 6 1 0 2 , 4 5 3 ,1 3 3
.8 9 8 ,6 1 5
812,988
883,027
4 1 0 ,0 7 8
J u l y 1 t o S e p t . 3 0 ___ 1 ,0 2 5 ,7 * 2
9 5 4 ,6 0 3
1,392
446
N e v a d a C o n t r a ) ...........A u g .
2 ,3 3 0
4 .2 6 7
5 ,4 1 5
dot 033
J a u . I t o A lts. ; n . . . .
2 8 ,6 2 6
2 9 ,2 5 0
N . V . P h il* . A N o r f o l k —
43,120
6 9 ,3 0 2
2 1 6 ,3 0 7
J u l y 1 t«. S e p t . 3 0 —
7 4 6 .1 3 2
132,032
1 6 7 ,7 0 3
6 2 0 ,8 3 3
Jau . 1 t o S ep t. 3 0 . . .
7 0 0 ,2 2 9
11,351
10,1 0 0
N o r f o l k A io t t t h e r n .8 i .p t ,
2 9 ,3 6 2
3 2 ,3 1 3
110,729
1 1 0 ,3 9 6
321,110
J a u . 1 to S ep t. J o . . .
3 2 7 ,8 0 4
2 * 7 ,0 0 1
2 2 2 ,4 9 0
6 5 0 ,0 7 0
N o r t h e r n C e n t r a l .b .S e p t .
5 8 2 ,5 4 0
J a u . 1 W S e p t. 3 0 —
5,*2 0 8 ,8 9 0 5 , 2 1 9 ,4 3 5 1 , 5 8 5 ,9 1 6 1,437,473
2
,0
5 2 ,9 9 5
P e n n , l e a s t P. & B . ) Sept- 5 , 3 .( 4 ,5 1 0 6 ,0 0 8 ,0 2 4 1 ,9 -1 7 ,6 9 1
J a n , 1 t o s e p t . 3 » ___ 3 0 , 3 0 3 , 9 5 0 3 0 , 5 9 6 ,7 5 4 1 4 , 1 3 3 ,6 6 7 1 4 ,5 2 8 ,5 0 0
D eo.
5 0 ,3 9 1
D e e . 4 1 1 ,6 2 7
L iu * * w e s t P. A E .S e p t .
B o o . 2 3 3 ,3 9 0
u s e . 3 5 1 ,1 7 0
J in . 1 t o S e p t . 3 0 —
d o f . 1 ,1 5 1
1 2 ,8 6 1
1 0 4 .4 3 7
1 1 4 ,0 5 7
S u m m it B r a n c h ......... S e p t .
0 8 ,1 6 2
0 0 2 ,4 7 6
0 3 3 ,1 3 7
7 0 ,4 - .4
J a u . 1 t o S ep t. 3 0 . . .
2 1 .1 1 5
1 1 1 .0 2 2
722
L y k e n * V a lle y .. 8 a p t,
8 6 ,1 9 9
7-.I4. I 'l l
4 7 ,1 9 0
4 5 .1 3 0
7 9 5 .2 8 5
J a n . 1 t o Sept. 3 0 —
2 2 5 ,0 7 0
3 3 ,9 7 6
(le t 7 2 9
1 9 0 ,6 3 6
T o t a l b o t h C o '# . .8 e i» t.
1 1 5 ,3 5 3
1 1 5 ,6 4 0 .
J a n . 1 » s .- p t , 3 0 . . . . 1 ,7 2 0 .4 2 3 1 , 7 0 1 ,3 1 0
5 3 ,2 0 0
r e n n . C o a l L A K R .S e p t .
5 9 3 ,2 0 0
J a il. 1 t o S e p t . 3 0 . . . .
6 0 .3 1 0
1 0 5 ,0 6 1
1 7 4 ,2 2 2
120.101
W e s t e r n M u rv sa a iL .S e p t .
3 0 3 ,5 0 3
3 4 7 ,0 3 5
023,180
8 0 5 .0 2 2
J » a . I t o S e p t , 3 0 ____
3 9 0 ,5 5 7
3 0 2 ,2 2 6
O c t . 1 t o S e p t . 3 0 ------ 1,2 1 4 ,5 9 2 1 ,0 4 3 ,3 2 1

a b o v e o r b e lo w th o se ch a rg e s.
s-1 H lcr"l, r e n t a ls , ,Ce.-\ — B t '. o f X d E a r n s . - ,

8 6 ,0 0 0

3 .7 0 0

6.500

3 8 ,271

1893.

R oads.
T e rm . C o a l. t . A K U .S e p t.
J a u . 1 t o S ep t. 3 0 ..

1692.

1893.

1892.

S

®
d e f.2 ,lo o
5 0 .5 9 0

*

S
6 0 ,3 0 0
5 4 2 ,7 0 0

..........

ANNUAL REPO RTS.
W a llk ill V alley.

,

(Far the year ending June 30 1S93.J
F r o m r e p o r t* to th e N e w Y o r k S ta te R a ilr o a d

C o m m is s io n ­

e r s , t h e f o l l o w i n g is c o m p ile d .
3 1 0 ,2 3 5

D ec r e a s e .

UAK.NJ.S-0S, EXPENSES ASI! CHARGES.
1 8 9 1 -9 2 .

1 8 9 0 -9 1 .
G r o s s e a r n i n g s ............................. . . . $ 1 4 8 , 3 1 3
O p e r a t i n g e x p e a s w ......................... 1 1 1 ,6 1 7

$152,796

N e t e a r n i n g s . . . ................................. $ 3 6 ,6 6 6
O t h e r lu e o t u u .......................................
1 ,2 0 3

$04,0 *3
1,073

T o t a l ..................................................... $ 3 7 ,8 7 4
D ed u ct —
I n t e r e s t o n b o n d s .............................. $ 1 7 ,5 0 0
T a x e s ........................
5 ,5 4 7
9 ,6 2 4
M is c e lla n e o u s I n t e r e s t . . . . . .........

8 8 ,1 0 3

94,114

"$ 0 7 ,0 5 3
5 ,2 9 6

$ 0 8 ,7 6 6

$72,349
$ 1 7 ,5 0 0
5 ,4 8 0

T o t a l ..................................................... $ 3 2 ,0 7 1
$ 2 2 ,9 1 6
S u r p lu s
........ .
$ 3 ,2 0 3
$ 4 2 ,8 3 0
OKNKHAL UAI.AMCE SHEET JUNE 3 0 , 1 8 9 3 L ia b ilities),
A ats.
C o s t o f r o n d ..................... $ 3 0 4 ,2 4 8 C a p it a l S t o c k . . . .............
5
1
,5
0
4
f
u
n
d
e
d
d
e
n
t
C o o t o f o t jo l p m e n t ...........
8 7 ,4 9 4 I n te r e s t on h o o d s , . . . . .
C a s h o n ii- m d . . . . . . . . . . .
1 0 ,0 5 7 O p e o a c c o u n t s .................
S u p p lie s o n h a n d . . . . . . .
1 1 ,6 8 7 Audited vouchers and
B ur by agents.................
$ 1 , 0 0 5 ,6 8 0

1 3 9 2 -9 3 .
8 1 6 1 ,1 6 7

$ 1 7 ,5 0 0
5 ,4 1 6

par rolls............ . --

3.4

6 8 2 ,3 3 7
4 0 2 ,6 4 6

3 4 ,1 0 4

F o r th e se co n d w e e k o f O cto b e r o u r Anal sta tem en t cov ers
6 9 r o a d s , a n d s h o w s 4 01 p e r c e n t lo s s in t h e a g g r e g a t e .

1893.

2 4 ,3 5 0
5 2 .0 0 0
5 8 ,5 8 !1 8 ,9 9 7
7 .5 3 !
3 0 .1 4 .
6 7 .0 0 0

I n t e r e s t Charges a n d Surplus.—T h e f o l l o w i n g r o a d s , I n
a d d it io n t o th e ir g r o s s a n d n o t e a r n in g * g iv e n in t h e f o r e g o in g ,
a ls o r e p o r t c h a r g e s f o r in te r e s t, & c ,, w it h t h e s u r p lu s o r d e l ic i t

1 .5 0 0
3 3 ,3 3 1 !
4 ,7 1 0
...............
7 ,0 0 0
331

M e m p M s & C l i a r le s t o a . . .
M e x i c a n R a i l w a y — ___
M in n . S t, P. A S. S te . M ..
O n to R i v e r ...............................
R i o G r a n d e S o u t h e r n ___
Sr. L. A lt . A X . H .................
W e s t e r n N , Y . A P e n n ..

D ecrea se.

2,303
1 1 ,6 5 1
77.U50

2 2 .9 3 3 !
4 .0 ! 1
9 0 ,1 In
________
1 9 .0 3 2
2 ,1 7 2
153:
1 5 ,0 0 1 ;
..............

In crea se.

$
2 8 ,0 9 2
5 6 ,5 0 0
7 5 ,4 2 2
2 2 .3 1 0
1 6 .2 5 9
3 5 .2 6 0
7 4 .8 0 ,

d e d u ctin g ta x e s .
b N et e a r n in g * h a re g iv e n a r e b e fo r e d e d a o tin g t a x e s .

year.

3A week o f Oetober.

1892,

7 5 2 ,8 0 8

O r .S .L . & U . N A u g u s t ____
O r . E y . & N . O ) :August....
U . P a o . £ > ,& G , A u g u s t . . . .

3 d w ee k o f O ctober.

1893.

2 d w e e k o f O ctober.
¥

2 25.679; 1,7 2 3 ,4 2 2

8,181

7 1 7

P r o llt a n d lo s s ( s u r p lu s )

$ 2 2 ,9 8 0
$ 4 9 ,3 6 9

$ 3 3 0 ,0 0 0
5 8 0 ,0 0 0

8,750
25,039
1 0 .0 0 7
5 0 ,3 8 4

$1,005,680

716

THE CHRONICLE.

[VOL. L VII,

With the approval of the finance committee in May, the
company contracted to purchase on deferred payments 750
Chicago Great Western Railway.
box cars for the sum of §436,725. During the year there have
(F or the ■year ending June 30, 1893.,)
been delivered 100 of these cars, for which obiigations of the
The first annual report of this important corporation has company, bearing 6 per cent interest and denominated in the
just heen issued. Mr. John M. Egan, the President and Gen- |balance sheet equipment lease warrants, will be issued,
eral Manager, states that the company was organized under amounting to $58,230.
Of dividend payments the President’s report says:
the laws of Illinois, for the purpose of facilitating the reor­
“ The company has paid the interest on the 4 per cent de­
ganization of the Chicago St. Paul & Kansas City Railway
Company, and during the year has operated the railway of benture stock which matured in January and July. As to the
the latter named company under a lease. The terms of the j right or duty of the company to pay a dividend for the half
lease have necessitated a complex system of accounts between i year ending December, 1892, upon the preferred stock A, an
the two companies not easily understood, hence, as the reor- ; interesting legal question has arisen, growing out of the com­
ganization is practically completed, the accounts relatiug to plication incident to the reorganization. The accounts show
income, presented herewith, are made in the form heretofore that the railway earned during that half-year sufficient to pay
the interest on the debenture sto-k and a surplm of $191,105used by the old company.
During the fiscal j ear there have been in operation 932'45 03. But the point was made, and apparently well taken, that
miles, the same as in the year ending June 30, 1892, and the this company did not own the railway, but was operating it
figures of that year are given for comparison. Compared under a lease which required the net earnings to be appropri­
with last year the tonnage has increased 5'35 per cent; the ated to payments on account of the owner, viz.: the Chicago
From that
cost of operating has increased 7'93 per cent. The relatively St. Paul & Kansas City P til wav Company.
Increased cost is due in great measure to the effect of the point of view the members of the Finance Committee seemed
heavy snows of the winter. The earnings increased each to come to the conclusion that, at any rate until the com­
month during the first half of the fiscal year, but decreased pany became the owner, they would not be justified in author­
during the last half of the year. Beginning with April and izing the payment of a dividend on the preferred stock A.
culminating in August, money was so scarce and difficult to The question must therefore be held in abeyence for some time
obtain that the most substantial merchants were compelled to longer.”
The following comparative tables have been compiled for
curtail their purchases and shipments.
The average rate per ton per mile received for hauling the C h r o n i c l e .
freight was '77 mills, against -80 mills the preceding year, a
OPERATIONS.
decrease of '03 mills, or about 3'90 per cent, attributable to
1889-90.
1890-91.
1891-92.
1892-93.
the increased amount of grain and other low-rate tonnage as Av. miles operated
845
922
922
887
compared with the quantity of higher class freight. The aver­ PasceDgers carried 1,2 1 7 ,1 7 5 1 ,189,713 1,1 6 4 ,7 6 2 1,161,051
age rate per passenger mile has been 2'2o cents, against 2T9 Passenger mileage 42 ,0 8 1 ,2 5 3 4 2 .9 7 0 ,8 2 4 4 5 ,4 51,145 4 3 ,5 0 6 ,2 5 8
2*02 c.
Rate per pass. p. m
2-20 o.
2 1 9 c.
2 25 c.
cents the previous year, an increase equal to 2'7 per cent. Tons
carried............
1 ,4 83,238
1,388,638
1 ,5 37,861
1.5 8 8 ,5 9 8
During the year substantial additions and improvements were Tonnage m ileage.. . 4 2 3 ,7 8 9 ,8 9 4 3 9 1 ,4 3 6 ,8 1 3 4 5 9 ,7 5 9 ,9 0 3 484,35
7 .5 6 9
•72 c.
Rate per ton p. in ...
•79 o.
made, costing §8416,931.
•80 o.
•77 e.
The reorganization, in accordance with the plan prepared
E A R N IN G S, E X PE N SE S A N D C H ARG ES.
by the Bondholders’ Committee, is practically completed.
1890-91.
1891-92.
1889-90.
1892-93.
The assessments which have been paid on conversion of Chi­
Earnings—
*
$
$
$
cago St. Paul & Kansas City stock and income bonds amount PasceDgers.................
9 3 0 ,9 5 9
1,040,833
1 ,102.858
1 .1 0 3 ,1 1 6
in the aggregate to SI,301,265. This sum has been expended F re ig h t..................... 3 ,0 4 6 ,6 9 8 3,0 7 7 ,7 3 8 3 ,6 6 7 921 3,7 3 1 .6 5 8
Mall, express, & c ..
2 4 8 ,0 0 7
2 4 2 .2 8 0
253,961
2 4 8 ,2 4 0
as follows :
In payment for the Leavenworth & St. Joseph Railway as
authorized tiy the plan........................................................... —
$ 5 0 0 ,0 0 0
In payment of rolling stock lease warrants and the floating
debt of the old company...................................................................
7 9 8 ,3 2 5
T he balance is in the Bank of England, subjeot to the order
of the Finance Committee...............................................................
2 ,9 1 0
T o t a l ...,...............................................................................................$ 1 ,3 0 1 ,2 6 5

Of income bonds $3,291,450 and §2,420,950 common stock
have been exchanged without paying assessments. The cash
assessments on these exchanges, had they been paid, would
have amounted to §571,240, but failing to pay the assessments
the holders have forfeited to the company §3 856,300 of com­
mon stock and §1,142,480 of preferred stock B.
The plan of reorganization contemplated that this company
should pay the over-due rolling; stock lease warrants and other
current indebtedness of the Cnicago St. Paul & Kansas City
Railway Company and that the amount paid on these ac­
counts should be chargeable to that company in the capital
accounts of this company.
•Accordingly, during the year, the company has settled and
paid on such accounts the sum o f................................................ $ 1 ,7 0 5 ,0 0 4
I t has collected on current accounts of the Chicago St. Paul
& Kansas City Company...................................................................
434,610
Leaving net paym ents.......................................................................$ 1 ,2 7 0 ,3 9 4
I t has also paid for additions and improvements chargeable
under lerms of lease and planof reorganization to Chicago
8t. Paul
Kansas City Company..................................................
416 ,9 3 1
* Making a total expenditure on these accounts o f .............$ 1 ,6 8 7 ,3 2 5
A s has been stated, the company had available for payments
on these accounts a balance collected on assessments o f ..
79 8 ,3 2 5
Which left this company -with a floating debt on account of
these capital exuei)fhtu es (which was temporarily ad­
vanced from operating accounts) o f.......................................... $ 8 8 9 ,0 0 0
♦This is the item in general balance sheet below— “ Net adyanes to C.

Total earnings.
Op. exp. and taxes

4 ,2 2 5 ,6 6 5
3,2 6 5 ,8 8 5

4.3 6 0 ,8 5 1
3 ,3 7 8 ,3 4 0

5,0 2 4 ,7 4 0
3 ,764,677

5 ,0 8 3 ,0 1 4
4,1 6 3 ,1 7 5

Net earn in g s...
Deduct—
Tnterest....................
R e n tals.....................

9 5 9 ,7 8 0

982,511

1 ,2 60,063

1 ,019,839

*54,590
296 ,2 3 5

*92,276
355,291

128,916
477 ,0 3 8

5 2 4 ,0 1 4
480 ,3 1 2

T o ta l...................
350 ,8 2 5
605 .8 5 4
4 47,567
1 ,0 0 4 ,3 2 6
Balance...................... sur.608,955 su r.534,944 su r.654,209 s u r . 1 5 , 5 1 3
* This interest is on the three-year notes, 5 per cent priority loan and
collateral notes.
GENERAL BALANCE SHEET, JUNE 30, 1893.
xlOGCtC
Securities of C. St. P. & K. C. Ry. Co., exchanged for stocks
of this company, in accord nee with plan of reorganiz­
ation, valued for purpose of exchange a t.............................. $4 6 ,6 7 2 ,7 7 0
Four per cent debenture stock in treasury..............................
2 ,0 0 0 ,0 0 0
Paid for purchase of Leavenworth & St. Joseph-R y...........
5 0 0 ,0 0 0
Our interest in Chicago Union Transfer Ry. Co.....................
4 3 ,3 2 7
Equipment purchased, 100 b o x c a rs....................................... ..
58,2 3 0
*Net advances to C. St. P. & K. C. Ry. Co. to date...............
1,6 8 7 ,3 2 5
Commission, interest and expense accounts..........................
29,6 1 3
Cash in London................................................ ..................................
2 ,9 4 0

Total assets..................................................................................... $ 5 0 ,9 9 4 ,2 0 6
Liabilities—
Four per cent debenture s t o c k ..............................................
$ 1 1 ,1 7 5 ,0 0 0
Five per cent preferred stock, A ........................ ......................... 1 1 ,0 1 0 ,0 0 0
Four per cent prelerred stock B ..................................................
7 ,4 4 3 ,4 9 0
Common stock....................... ......................................................... 2 0 ,3 4 5 ,5 4 5
Collateral sterling notes (£ 8 0 ,0 0 0 ) six per cent...................
387,878
Due on stock Chicago Union Transfer Ry. Co........................
40,0 0 0
Equipment lease warrants, 1< 0 new box cars ....................
5 8 ,2 3 0
*lem porary loan from operating accounts ............................
534,062
Total liabilities............................................................................ $ £ 0 ,9 9 4 ,2 0 6
*See in remarks preeeding.

N o te .—I n addition to the liabilities shown, when the reorganization
St. P. & K . C. Ry. Co. to date.”
is consummated in accordance with the plan of reorganization, the
Company will assume the liabilities of the Chicago St. Paul & Kansas
At the lime the reorganization plan was prepared the com­ City Railway Company on account of its five per cent sterling priority
mittee foresaw that a floating debt might thus be created and loan, $2,8 2 3 ,1 5 0 , and on account of its rolling stock lease warrants,
that other capital expenditures would be required, and to pro­ $ 1 ,5 28,312 25.
A t the annual meeting of the stockholders of the Chicago St. Paul &
vide the means therefor the plan provided for the issue of Kansas
City Railway Company held on the 7tn of September, 1893, a
$2,000,000 4 per cent debenture stock, to be sold by the Lon­ deed of the property to the Chicago Great Western Company, subjeot
don Finance Committee.
to the mortgages, was authorized; hence the next annual report of the
Necessarily considerable time was consumed before the company will show these two items as liabilities of thi-» company.
stock could be is5ued, and in the meantime the market had so
Chicago & Eastern Illinois Railroad.
changed that the committee thought it unadvisable to sell the
stock at a price which was then obtainable. Consequently,
(F o r the year ending June 30, 1893.,)
to meet the pressing demands of the company the committee
The
report
of President H. H. Porter remarks that while it
arranged a loan in London of £80,000 ($387,878), on the notes
of the company, pledging as collateral 4 per cent debenture will be observed that the total earnings for the past year were
$4,446,959, as against $3,775,546 for the previous year, the
stock at 50 per cent of its par value. •
average rate received per ton per mile on freight was reduced
The amount of this loan was handed over to the operating
from 61-100 of a cent to 59-100 of a cent, and the average
accounts in part payment of the temporary advaoces of
$889,ouo 50 above mentioned, which left a balance due
passenger rate increased from 1*58 cents per mde Jast year to
June 30 to operating accounts for such advances of............ $5 0 1 ,1 2 1
1'61 cents this year. The freight earnings increased 1810 per
Add to this a small paymeut on aooouDt of the purchase of
cent, the passenger earnings, 19 40 per cent, the mad, express
an interest in ihe Chicago Union Transfer Railway Com­
pany which had been contracted for by the old com paoy..
3 ,3 2 7 and miscellaneous earnings, 3'88 per cent, and the total gross
Add also the item “ commission, interest and expense ac­
earnings increased 1778 per cent; while the increase in
counts,” also advanced from operating aoeounts.................
2 9 ,6 1 3
freight train service was 25'8 per cent; in locomotive service
-Makes the amount of “ temporary loan from oper. aoeounts” $ 5 3 4 ,0 6 2 23-38 per cent; in fuel for locomotives, 22'86 per cent, show-

THE CHRONICLE.

October 28, 1893.j

ing that the relative proportion of earnings required for these
expenses is still on the increase. The operating expenses, in­
cluding taxes, this year, 67-24 per cent; last year, 66-81 per
cent.
•‘The policy indicated in the previous report with reference
to charging" to operating expenses many items that might
properly be called construction, as they are betterments, has
been continued, ami extended to some additional items which
seldom occur, amounting the past year to $89,500."
The earnings per mile of railroad have increased during the
past year from §7,889 to 89,368, a difference of 81,399. This
increase, the report says, the company would have been
unable to make, at the low rates it receives for transportation,
had it not been for its tow grades, largely improved facilities
and modem equipment. This was particularly shown in that
each freight train mile averaged carrying 17-3 loaded cars,
of 80-4 tons each, and 12-8 empty cars, a total of 39-6 cats, or
a paying load of 353 tons.
‘ The larger than usual indebtedness shown in the
balance sheet (pay-roll, vouchers, fcurrent accounts (and
bills payable), is for construction, and the treasury of the
company will be reimbursed for the same through the bonds
it will be entitled to receive when the new road between
Roessville and Sidell, and the final ten miles of double track,
are finished, all of which should be accomplished before winter.
During the past few years there has been added by purchase
to its terminals in Chicago a large yard and freight depot
near Twelfth Street, worth more than $1,000,060, a large
addition to the freight yard at Thirty-fifth Street, costing
over $200,000, a large addition to the yards at Oakdale, verylarge yards at Momence, and large additions to the yard at
Brazill By the first of October next this company will be
operated with four tracks from Polk Street Depot in Chicago
to Hammond Junction, 9'85 miles, and a double track from
there to Danville Junction, 113-80 miles.”
Operations, earnings and charges are shown os low for four
years, the statement being compiled for the CHRONICLE :
orw u n oN *

i

719

50-100 cents. The average revenue per loaded car increased
from $7 01 to $7 19, or nearly 7 per cent, but the average haul
per loaded car increased from 61-3 miles to 69-1 miles, or
nearly 13 per cent. There was a large decrease in the iron
ore and coke traffic, and i n that of local manufactories, ort
which the hauls were shorter and the rates better,
and an increase in the long-haul transfer business, on
which the rates were less.
The local manufactories on the line which previously con­
tributed so largely to the revenue have, during the recent
financial stringency, practically suspended operations, and
the growth of the manufacturing towns, of course, ceased
temporarily under these conditions.”
These changes in the character of the traffic, which were in
a sense radical, involved sudden and serious temporary loss
in net results, and necessitated almost an entire revolution in
the methods of operating the line, to prevent the loss becom­
ing permanent. Economies have been introduced which will
materially reduce the operating expenses in future to meet
this altered situation.
The transfer business and the output of coal from mines on
the company’s lines continue to show- a healthy increase. The
extension of the line to Porter, lud., connecting at Crocker
with the Wabash Railroad, and at Porter with the Lake Shore
& Michigan Southern Railway, completes the belt connection
with all lines entering Chicago, and should be the tnsana of
increasing still further the transfer business of the company.
There were issued during the year $190,000 of first mortgage
bonds, covering, under the term's of the deed of trust, the new
equipment acquired and extensions and improvements made.
M CO lU t ACCOUNT >"0R KOOK TEAKS.
1 6 8 9 -9 0 .
$
G r e s * e a r n i n g * ......................
E x p a n s e s a a tl t a x e s ___ _

1 8 9 0 -9 1 .
8
6 3 1 ,2 9 1
1 3 5 ,4 4 8

1 8 9 1 -9 2 .
$
8 1 5 ,1 3 4
5 1 7 ,9 3 2

1 8 9 2 -9 3
$
9 2 0 ,0 3 2
6 7 7 ,6 7 4

N e t e a r n s . f r o m o p e r a t i o n s . 1 4 2 .1 5 9
F i x e d « h a r g e » . . . . . . . . ___ _ . .2 3 2 ,6 0 2

) 9 5 ,8 3 3
2 3 9 ,3 5 0

2 0 7 ,2 0 1
2 7 8 ,9 0 0

2 4 2 ,3 5 8
2 8 9 ,0 8 5

4 3 ,5 1 6

1 1 ,6 9 9

' u M a ca u . M s u t w .

D e f i c i t .......... ............... .......

1 8 9 1 -9 2 .
480

1 3 9 2 -9 3 .
430

3 ,4 7 3 .2 3 0
2 ,8 1 0 .2 7 1
3 7 . 9 7 s . 5 2 0 46.2lM .tSS 7
t i>« eta.
1-54 Cl*.
1-1:14Ctt.
2 ,8 8 7 .4 tS
3 ,7 1 2 ,4 7 9
FreitAi lions) car
3 ». fc3 8 ,5 7 »
K '( h t i t o n s » c a r . I m . 3 8 0 ,2 1 5 .7 6 7 4 6 6 .6 1 2 .o J 2 * 7 ‘J ,2 ? o ,M M
K a t e p e r t o o p er us
O 6 0 ot».
m u tt.
0*01 e ta .

4 ,1 2 6 .4 3 7
3 4 .1 4 5 ,7 7 0

Cash on Pand.................

6 ,438

l - « l < t*.

D u e f r o m a g e n t s ...........

9 1 ,8 2 '

M i l e s o p e r a t e d ............

Operalums—

P a s s , e a r ,, N o ........ .
F aab . e a r . o n e ns tie
R a t e p e r tune*,p e r m .

•
Kurning*~

{*mRWM3H».........
PreK-tit ............. .

M a ll, e x p r e s s , A t
T o t a l . . . .................
O p e r . e x p . A !» * < * » ..

1 6 6 9 -9 0 .
*36

1 * 9 0 -9 1
439

2 ,4 1 4 ,1 S3
3 3 ,3 3 4 ,S « 3

«

4 ,4 0 6 ,5 5 3

380,831,103
0*8 9 t t t .

3

t

*

5 3 9 .4 4 6
4*
J‘->
1 9 4 .5 9 8

6 3 0 ,6 4 6
2 , 7 3 5 ,3 4 2
1 4 1 ,1 6 7

7 3 1 ,0 7 5
2 ,8 9 3 ,7 5 3
1 5 0 .7 IB

8 7 2 .- 9 1
3 ,4 1 7 .5 0 8
1 5 6 ,5 (13

2 ,9 1 1 ,7 2 3
1 ,7 3 1 ,8 0 9

| 3 ,5 6 7 ,1 9 5
1 ,9 4 0 ,5 0 0

3 , 7 7 5 , r .t .i
2 .5 0 3 ,5 2 3

4 ,1 4 6 ,9 5 9
2.1190.315

N e t e a r n i n g * ___

X M 0M 5

1 ,2 7 2 ,0 2 3

1 ,4 5 0 ,0 4 *

1 8 9 2 -8 3 .

Atfgt-i$.
Materia!* on hunt.......

H a llw a y « o m p * n l< ‘ t>...

Individual* aadco’ a ...
B ill* r e c e i v a b l e . ............

Insurance__ ________
Constroot'n ami Imp’ !.
N e w e q u i p m e n t . .........
P o r t e r e x t e n s i o n ..........
O t t e r in -.. -tu n r it - ___

Profit ami loss a c ift...

1 * 8 0 - 9 1.
*
1 ,0 2 0 ,0 9 5
3 0 .5 8 4

1*91*92.
$
1 ,2 7 2 ,0 2 3
6 3 ,9 0 4

1 ,4 5 6 ,6 4 4
6 6 .7 4 2

T o t a l ......................
D o ia r l—
I n l e t i t t o ti b o n d * .,
l o t . o n flo a t in g d e b t .
B e n t * ! * . ........................
D iv . o o p r e f . s t o c k
R a t e o f 'd iv id e n d * . . .

1 ,2 1 2 2 1 4 6

1 ,6 6 0 .2 7 9

1 ,3 4 0 ,9 8 7

1 ,5 2 3 ,3 8 6

7 6 8 .6 6 3
2 .8 5 1
2 0 0 .0 0 1
1 3 3 ,9 0 6
3 p. c.

7 6 9 , ‘ H)5

8 3 7 ,3 4 0

9 1 3 .0 1 5

2 0 4 ,2 2 7
2 7 5 ,9 4 9
6 p . O.

2 1 0 ,6 5 5
2 3 3 ,0 9 0
0 I?/ c .

2 2 1 .0 7 1
2 8 3 ,9 8 0
6 p. e.

T o t a l ........................
S u r p l u s . ........................

1 ,1 0 5 ,5 3 1
1 0 6 ,8 1 5

1 ,2 5 0 ,0 8 1
4 1 0 ,1 9 3

1 ,3 3 1 ,9 8 1
9 .0 0 6

1 ,4 1 8 .0 7 2
1 0 5 .3 1 4

94USCX SHEET JC5E 30.
1691,

3

AueU-\

T o t a l a s s e t s , ................................... 2 9 , 5 1 0 ,7 9 6

1802.

9

2 9 ,5 1 0 ,7 0 7

First mortgage; bondsKqulpment botes........

$6,000,000

I m e o t h e r r a i lw a y « « ’ «
9 6 ,6 8 0 I n d i v i d u a l s s till c o ’ s . .
39,613 I P a y -r o lls f a r J u n e .........
0 ,9 2 9 1 U n c la im e d w a g e s .........

6,823
15,438

3 2 2 .9 3 6
11 U ?498
0 8 ,8 0 0

Paymaster's account.
Voucher* audited .. . .
Acariied tut. <»» bonds.

d.OTS.OOO
2 8 7 ,0 8 6
1 1 8 ,9 0 2

207,596
3 1 ,9 5 4
1 ,4 6 8
978

62,778
52,025

66,618

Total asset*........... $12,641,851

Total liabilities__ $12,841,851

(F o r the gear ending June 30, 1893.^
The report any- that the decrease in passenger earnings is
owing to the 1iw prim; at which cotton has been selling and
to the short, cotton crop in the territory served by the road,
which have seriously reduced the resources of the people.
They have not had the means to travel.
The decrease of $52,861 90 in freight earnings consists of
Decrease In cotton................................................................... $ 5 9 ,6 8 3
D e c r e a s e i n c o a l ...........................................................................
D e c r e a s e i n p r o v i s io n s , f lo u r a n d m e a l . , ..........................

$ 6 5 ,1 0 7
1 2 ,4 4 5

8

1 9 ,6 8 /'.4 0 7
7 ,8 6 5 ,5 6 7
2 , 8 6 9 ,8 3 3
1 8 3 .0 0 0
1 3 5 .1 0 8

263*1*33
0 4 ,8 7 0
1 7 7 ,4 0 1
4 4 0 ,3 9 0

3 1 8 .1 6 2

3 1 , 7 2 3 ,6 9 2

3 1 ,4 9 7 ,0 8 8

3 1 8 .6 4 9
3 8 8 ,3 7 3

31 * 7 2 3 ^ 6 8 2 3 1 , 1 - 7 , 0 9 9

Elgin Joliet & Eastern Railway.

(F or the gear ending June 30, 1893..7

The annual report of Mr. Samuel Spencer, President, re­
marks that tie increase in gross earnings in 1893 over 1892
was 13 per cent.
" While i he gross earnings increased 13 percent, the tons
hauled one mile increased 20 per cent. The average rate per
ton per mite decreased front 70-100 cents to 09-100 cents,
w hile the expenses per ton per mile decreased from 51-100 t o

3 ,3 4 7
2 ,0 7 6

I n c r e a s e In l u m b e r , s t a v e * , e t c ............................................. $ 1 1 ,0 9 2
I n c r e a s e In o t h e r c o m m o d i t i e s ...............................................
1 ,3 6 2

1893.

1 8 ,4 0 6 ,8 1 0
7 , 5 4 0 .8 0 0
4 ^ 1 2 ,7 5 1
1 - .7 ,7 4 6
1 2 9 ,5 2 1

7 ,7 4 0 .0 0 0
7 ,7 4 0 ,0 0 0
0 ,1 9 5 ,2 0 0
C o m m o n atoek...............................
P r e f e r r e d s t o c k ....................................
4 ,9 3 0 ,7 0 0
4 ,8 3 0 ,7 0 0
4 ,7 3 0 ,1 0 0
B o n d * n e e s i m u m i ................ 1 4 , 8 3 2 .0 0 0
1 7 .0 0 4 ,0 0 0 1 7 ,0 7 8 ,0 0 0
i n t e r e s t , r e n t a l* , l a r e s , A c ............
3 4 6 ,1 8 4
3 7 9 ,* 2 0
1 1 0 ,3 7 2
P a y -r o ll* , v m t e b e i* , A O .....................
3 3 9 .1 4 8
3 9 1 .9 5 3
8 3 1 ,4 9 2
iv t... p a y a b l e ................................................................................................
2 5 0 ,6 0 0
E q u ip , r e p la c e m e n t, a c c o u n t . . . .
6 5 .8 6 2
5 3 ,7 7 7
1 2 6 ,5 7 7
M is c e l la n e o u s ......................................
1 2 .1 7 9
9 .0 7 3
1 7 ,9 9 6
In com e
t .....................................
1 ,3 3 9 ,6 2 4
1 , 3 1 8 . 7 0 0 . 1 .4 2 4 ,0 7 1
T o t a l H a M U llcs ..........................

34,298

Capital stank_____

Vleksbnrg Shreveport & Pacific KR.

1 8 8 9 -9 0 .
$
1 ,1 8 0 ,3 5 4
3 1 ,9 9 2

R o m l a n d e q u ip . C. & E . I . R K
1 8 .3 8 4 ,2 4 2
B o a t! H i e q u ip . V. A I. C. B y . . .
7 ,3 7 4 ,2 2 7
B o n d * . s to e s s a n d o t h e r in v e s t ..
4 .3 4 4 ,0 6 4
m a k i n g .'n o d C. A E [. K K ............
1 3 0 .0 0 0
m a k i n g f u n d V. A A . I, U K ............
1 0 6 ,7 3 9
S in k , f o n d S t r a w n A I a d . » . t i n e .
5 , 0 >0
B i l l* a n d a c c o u n t * r e c e i v a b l e ____
2 1 9 ,1 3 8
A d v a n c e * .............................................
2 4 6 .0 7 0
M a t e r ia ls a n d s u p p l i e s .....................
1 3 4 .7 8 0
C a s h ................................................
2 6 2 ,4 6 7
M is c e l la n e o u s .........................................
1 1 4 ,0 0 7

Liabilities.

C o s t o f m a il « m l i-(n>’ t .9 1 1 , 9 7 5 ,9 9 5

a c c o c 's t .

U a a t tp ts N e t e a r n in g * ... —
O t h e r im - v t n e .............

d f .4 6 ,7 2 2

I1AI.ANCK SHEET Jt !tll 3 0 , 1893.

N e t d e c r e a s e ................................................................. .................................. $ 5 2 ,6 6 1

The decrease in cotton alone is greater than the total de­
crease in freight earnings, but the short cotton crop in the
country contiguous to the railway and the low prices ob­
tained for this product seriously reduced the purchasing
power of the people and affected business generally. The
quantity of cotton transported over the road last year was
23,976 tons, yielding a revenue of $86,478. This was leas by
12,671 tons and $17,811 in revenue than the yearly average
for the previous six years. The decrease in cotton was in a
t measure owing to the overflow of Red River bottom
* in May, 1892, and, to some extent, to the inundation of
the low lands between Tallulah and Girard about the same
time.
On the third mortgage and land grant bonds, the net pro­
ceeds in cash for land sales have been insufficient to allow of
a further payment of interest. “ In conformity with clause
nine of the mortgage, holders of third mortgage and land
grant bonds have, during the year, availed themselves of the
option provided in the mortgage to use bonds instead of cash
in the purchase of lands to the extent of 824,000 in bonds and
$3,390 in coupons. To date $413,750 bonds and $15,340 cou­
pons have been retired ; as the bonds have in conformity with
the mortgage been surrendered to the trustee for cancellation,
the liability of the company for the principal of these bonds
has been reduced from $3,600,000 to $2,087,250, The price at
which the bonds may be used for the purchase of lauds for
the year commencing July 1st, 1893, has been fixed by your
board at twenty-five per cent of the principal of said bonds.’
The statistics for four years have been compiled for the
CHRONIcr.K as follows :

S

720

THE CHRONICLE.
EARNINGS AND EXPENSES.
1 8 S 9 -9 0 . 1 8 9 0 -9 1 . 1 8 9 1 -9 2 . 1 8 9 2 -9 3 .

$

Earninas—

P a s s e n g e r s ................................................. 1 7 6 ,4 3 9
F r e i g h t ..........................................................3 8 2 ,9 3 8
M a ll, e x p r e s s , & c .................................... 8 0 ,3 7 0

$

$

1 9 5 ,0 1 8
3 5 0 ,3 4 5
9 1 ,3 1 8

$

1 8 3 ,8 ,3 1 1 5 7 ,0 6 2
3 6 6 ,0 7 9 3 1 3 ,4 1 7
8 2 ,9 6 0
9 1 ,4 4 6

T o t a l ...................................................... 6 3 9 ,7 5 3
O p e r a t in g e x p e n s e s a n d t a x e s ___ 5 1 6 ,7 5 9

6 3 6 ,6 8 1
4 7 9 ,4 1 7

6 3 2 ,8 7 0 5 6 1 ,9 2 5
1 7 8 ,9 8 7 4 3 9 ,5 6 6

N e t e a r n i n g s ....................................... 1 2 2 ,9 9 4
P e r c e n t o f e x p e n s e s t o e a r n i n g s . 8 0 -7 7

1 5 7 ,2 6 4
7 5 -3 0

1 5 3 ,8 8 3
7 5 -6 8

1 2 2 ,3 5 9
7 8 -2 2

1NGOME ACCOUNT.
1 8 8 9 -9 0 . 1 8 9 0 -9 1 . 1 8 9 1 -9 2 . 1 8 9 2 -9 3 .

$

Receipts—

$

.

$

1 5 7 ,2 6 4
152

T o t a l ....................................................... 1 2 3 ,5 2 7

1 5 7 ,4 1 6

1 9 8 ,6 2 1 1 2 6 ,4 5 5

3 9 4 ,7 8 9
7 ,0 1 7

3 9 3 ,1 4 7 4 0 0 ,2 5 5
5 ,4 1 0
3 ,8 o 3

1 5 3 ,8 8 3 1 2 2 ,3 5 9
4 4 ,7 4 1
4 ,0 9 6

Disbursements—

T o t a l .................................................... 3 9 4 ,5 0 2
- D e l i e i t .. . .................................................... 2 7 0 ,9 7 5

4 0 1 ,8 0 6
2 4 4 ,3 9 0

3 9 8 ,5 5 7
1 9 9 ,9 3 3

4 0 1 ,0 5 8
2 7 7 ,6 0 3

West Virginia Central & Pittsburg Bailway.

(F or the year ending June 30,1893Y

The report states that during the year the Baltimore &
-Cumberland Railway Company obtained charters from both
Maryland and West Virginia to build a road from a connec­
tion with the Piedmont & Cumberland Railway, opposite
Cumberland, to a connection with the Cumberland Valley
Railroad, at or near Hagei-stown, and surveys have been
made looking to the building of this road which show a
maximum grade east of but 52 feet, the lowest of any road
leading eastward from the coal regions. It also shortens the
distance to the East some fifty miles. When built it will be
by persons friendly to this company, and will furnish an
additional outlet, valuable for its traffic.
Of coal and coke there were mined and shipped from the
various mines on the line of the road :
F o r t h e y e a r e n d e d J u n e 3 0 , 1 8 9 3 (a l it t l e m o r e t h a n h a l f
o f th is c a m e f r o m i n d i v i d u a l m in e s o t h e r t h a n t h e c o m ­
p a n y ) ........................................................................................................... 8 1 6 ,9 4 6 t o n s .
F o r t h e y e a r e n d e d J u n e 3 0 , 1 8 9 2 ................................._ ............... 8 0 5 ,3 5 7 t o n s .
A n in c r e a s e i n 1 8 9 3 o f .................................................................... 1 1 ,5 8 9 t o n s .
EARNINGS AND EXPENSES WHOLE LINE.
1 8 9 1 -9 2 .
.'M ile s o p e r a t e d .......................................................................
.......

Earnings—
P a s s e n g e r s .............................................................................
C o a l a n d c o k e f r e i g h t s .....................................................
M is c e l la n e o u s ........................................................................
E x p r e s s ....................................
C a r m i l e a g e ...........................- ................................................
M a i l s e r v i c e .............................................................................
T e l e g r a p h ..........................................................................
M i s c e l l a n e o u s ........................................................................
T o t a l e a r n i n g s ...............................................................

eight per cent in the number of miles run. The total mileage
of railways covered by contracts for the operation of cars of
this company is 126,975,
There has been added during the fiscal year to the com­
pany’s investments in shops and plant §338,904. The value
of the manufactured product of the car works of the com­
pany for the year was §12,329,827, and of other industries
including rentals, §1,084,88141, making a total of §18,414,708 92, against §11,726,343 57 for the previous year.
The statistics compiled in the usual form for the Chronicle
show the following :

INCOME ACCOUNT.

St-

N e t e a r n i n g s ................................................ 1 2 2 ,9 9 4
O t h e r i n e o i n e ............................................
533

I n t e r e s t o n b o n d s .................................... 3 8 5 ,8 7 8
I n t e r e s t o n c a r t r u s t s ...........................
8 ,6 2 4

[Vox.. LYII

E a r n ’ g s ( le a s e d l in e s I n e .) 7 , 4 7 3 ,1 3 6
P a te n t r o y a lt ie s , m a n u ­
f a c t u r i n g p r o f it s , & e . . . 1 ,3 8 7 ,8 2 5
T o t a l r e v e n u e ............... 8 ,8 6 0 ,9 6 1

*

9 S ,9 7 3
3 0 3 ,7 8 9
2 0 9 ,1 9 7
6 ,3 3 4
8 9 ,5 4 0
6 ,9 4 6
2 ,6 4 4
2 6 ,6 3 7

1 1 1 ,0 5 2
3 0 9 ,1 5 9
2 2 0 ,6 4 2
6 ,8 8 5
9 5 ,8 0 2
8 ,0 7 3
2 ,8 4 3
1 5 ,4 3 9

7 4 4 ,0 6 0

7 6 9 ,8 9 5

M a i n t e n a n c e o f w a y , & e .................................................
M a i n t e n a n c e o f e q u i p m e n t ...........................
T r a n s p o r t a t i o n ..................................................
C a r m i l e a g e ............................................................................
G e n e r a l ......................................................................................
M i s c e l l a n e o u s ........................................................................
i a x e s ....................

1 7 0 .7 0 6
5 2 ,4 8 9
1 5 3 ,6 s )6
1 3 ,2 3 9
3 8 ,1 0 3
1 1 ,7 4 7
1 6 ,5 7 9

1 6 4 ,3 9 8
7 4 .3 6 6
1 6 2 ,1 6 7
1 4 .2 7 3
4 8 ,0 3 9
1 0 ,8 5 1
1 9 ,8 7 5

- Total expenses................... ....................................
N et earnings.....................................................................
P e r cent of expenses to earnings............................

4 5 6 ,5 5 9
287,5 0 1
61 -3 6

1 8 9 0 -9 1 .

1 8 9 1 -9 2 .

1 8 9 2 -9 3 .

7 , 8 7 1 ,1 4 6

8 ,0 6 1 ,0 8 1

9 , 2 0 0 ,6 8 5

1 , 9 0 1 ,1 7 8

1 , 9 4 1 ,2 7 5

2 , 1 8 9 ,2 1 1

^

9 , 7 7 2 ,3 2 4 1 0 ,0 0 2 ,3 5 6 1 1 , 3 8 9 , 8 9 6

Disb ursements—
O p e r a t in g e x p e n s e s ........... 3 , 2 7 4 ,6 0 5
P ’ d o t h e r s l e e p .c a r a s s ’n s 1 ,0 2 2 ,6 2 5
C ou p on in te re s t on b ’nds.
6 5 ,6 0 0
D iv i d e n d s o n c a p i t a l s t’ k . 2 , 0 0 0 , 0 0 0
R e p a ir s o f c a r s in e x c e s s
o f m ile a g e —
.................................
C o n t i n g e n c y a c c o u n t .........
1 0 0 ,0 0 0

3 ,5 6 9 ,6 8 1
1 ,0 0 8 ,3 2 4
6 5 ,6 0 0
2 , 0 0 0 ,0 0 0

T o t a l d i s b u r s e m e n t s . 6 , 4 6 2 ,8 3 0
N e t s u r p l u s ............................. 2 , 3 9 8 , 1 3 1

6 ,7 8 3 ,1 0 1
2 ,9 8 9 ,2 2 3

balance

3 , 4 3 8 ,8 6 3
9 4 7 ,5 0 4
6 5 ,6 0 0
2 , 3 0 0 ,0 0 0

3 ,8 2 5 ,9 4 0
1 ,0 3 7 ,5 0 8
...............
2 ,5 2 0 ,0 0 0

1 3 9 ,4 9 6
............. ..
...............
.................................................... ..............
6 ,7 5 1 ,9 6 7
3 ,2 5 0 ,3 8 9

7 , 3 8 3 ,4 4 8
4 ,0 0 6 ,4 4 8

Sheet July 31.
Assets.

C a rs a n d e q u i p m e n t , i n ­
c lu d in g f r a n c h i s e s .........1 7 ,2 0 0 ,1 1 3
C a r w ’ k s a t P u ll m a n ,& a . 7 ,2 6 6 ,3 6 5
P a t e n t s , U .S . a n d f o r e i g n
9 9 ,1 3 0
F u r n it u r e a n d f i x t u r e s . . .
1 1 2 ,5 7 7
R e a l esta te, ca r w ork s,
& c M „ C h ic . S t. L o u is ,
M a n t a u , D e t r o i t , & c . . . . 1 ,6 9 0 ,4 4 3
I n v e s t ’ d in o t h ’ r c a r a s s ’n s
c o n t r o ll e d a n d o p e r a t e d 5 , 2 5 9 .2 0 5
S t o c k s a n d b o n d s o w n e d . 3 ,6 2 7 ,0 2 2
R e c e iv e r s ’ c e r t if ic a t e s ...
2 0 ,7 4 7
C o n s t r u c t i o n M a t e r i’i a n d
o p e r . s u p p lie s , i n c l. c a r s
in p r o c e s s o f c o n s ’ n ___ 3 ,9 8 1 ,8 0 7
O asli a n d l o a n s .................... 2 ,5 0 6 ,1 6 8
B a l. o f a c c o u n t s . . . ........... 1 , 2 4 9 ,9 3 7

1 8 9 2 -9 3 .
152

a>

1 8 8 9 -9 0 .

J^CD

1891.

1892.

1893.

$

$

$

9 ,7 7 3 ,4 6 3 2 0 , 5 1 7 ,4 9 1 2 4 ,8 4 4 ,6 8 9
7 , 3 0 6 ,0 9 2 7 ,4 6 0 ,2 8 0 7 ,8 4 5 ,2 7 5
9 9 .3 7 4
3 0 6 ,3 0 6
1 0 7 ,4 6 3
1 1 2 ,8 7 2
1 1 3 ,1 2 5
1 1 3 ,3 9 1
1 ,7 7 8 ,0 5 8

1 , 7 7 9 ,6 5 3

1 , 7 8 3 ,5 6 3

5 ,1 1 6 ,0 9 1
3 ,3 7 4 , »8 5

5 , 1 9 2 ,8 6 0
4 ,5 4 2 ,3 5 4

5 ,3 1 9 ,9 7 7
5 , 5 5 9 ,9 6 1

4 ,6 6 3 ,4 8 9
5 5 4 ,2 9 2
2 , 8 7 6 ,7 6 2

4 ,6 1 4 ,5 7 6 4 , 7 2 1 , 7 6 0
5 2 0 ,6 o 2
4 0 3 .9 7 8
8 ,4 9 7 ,7 4 2 1 1 , 0 8 6 ,5 8 6

T o t a l a s s e t s .......... . . . . 4 3 , 0 1 3 , 5 1 5 4 5 , 6 5 4 , 6 7 7 5 3 ,3 4 5 ,0 5 1 6 1 , 7 9 1 ,6 4 3

Liabilities.
C a p it a l S t o c k ......................... 2 5 ,0 0 0 ,0 0 0 2 5 , 0 0 0 ,0 0 0 3 0 , 0 0 0 , 0 0 0 3 6 ,0 0 0 ,0 0 0
B o n d s o u t s t a n d i n g ...........
8 2 0 ,0 0 0
8 2 0 ,0 0 0
8 -2 0 ,0 0 0
R e c e i v e d f r o m s a le o f o l d
c a r s le a s e d f r o m C en .
T r . C o ...................
4 4 1 ,3 7 0
4 4 3 ,3 7 0
4 4 1 ,3 7 1
...............
S u r p lu s i n v e s t e d i n t h e
a s s e t s o f t h e c o m ’ y , le s s
w r i t t e n o f f d u r i n g y e a r l 6 , 7 5 2 , 1 4 5 1 9 , 3 9 3 , 3 0 6 2 2 ,0 8 3 ,6 8 0 * 2 5 ,7 9 1 ,6 4 3

Expenses—

493,969
275,9 2 6
64-16

i n c o m e a c c o u n t 1 8 9 2 -93 .
N e t earnings W est Virginia Central & Pittsburg...........................$ 2 1 6 ,0 0 5
Piedmont At Cumberland profit................................. . .........................
91
Profits on coal..................................
144 ,5 5 4

T otal.......................................................................................................... $ 3 6 0 ,6 5 0
Deduct —
Interest on bonds....................................................................................... $17 7 ,0 4 5
Miscellaneous...........................................
45,7 7 2
T o t a l .................................................................................................................... $ 2 2 2 ,8 1 7
S u r p l u s ......................... ..............................................................................................$ 1 3 7 ,8 3 3

Pullman’s Palace Car Company.

(F o r the year ending July 31, 1893J 1

At the annual meeting in Chicago President Pullman sup­
plemented his report with the following general information :
During the fiscal year a new contract has been made with
the Boston & Maine Railroad Company for a period of
twenty-five years expiring April 1,1918. The contract with
the Lebjgh Valley Railroad Company, which expired June
10, 1889, has been renewed for a period of twenty-five years
expiring June 10, 1914. The contracts with the Maine Central
Railroad Company and with the Norfolk & Western Railroad
Company have also been extended for a period of twenty-five
years.
There have been built during the year 314 sleeping, parlor,
dining and special cars, and seven parlor cars have been pur­
chased, the entire cost being $4,782,123 87. The number of
cars owned and controlled is 2,573, of which 2,320 are stand­
ard and 258 tourist or second-class cars. The number of pass­
engers carried dirring the year was 5,673,129, and the number
of miles run was 206,453,796. During the previous year the
W number of passengers carried was 5,279,020, and the number
of miles run was 191,255,056. The year just ended shows,
therefore, an increase of about seven and one-half per cent
in the number of passengers carried, and an increase of nearly

"

T o t a l l i a b i l i t i e s . .........4 3 , 0 1 3 , 5 1 5 4 5 , 6 5 4 ,8 7 7 5 3 , 3 4 5 , 0 5 1 6 1 , 7 9 1 ,6 4 3

* O f t h is $ 1 , 1 5 5 ,3 1 0 i s “ c o n t i n g e n c y r e s e r v e , ” $ 1 , 1 0 0 , 0 0 0 i s (C d e p r e ­
c i a t i o n a c c o u n t ” a n d $ 2 3 ,5 3 6 ,3 3 3 is • 'in c o m e a c c o u n t . ”

Beech Creek Railroad.

(F o r the year ending June 30, 1898.J

This road is leased to the New York Central & Hudson
River Railroad, and the reports contain no remarks—simply
statistics of the year’s business, &c.
EARNINGS AND EXPENSES.
1 8 9 0 -9 1 .
E a r n in g s —
$
7 2 ,0 2 4
P a s s e n g e r s .......................................... . . .
F r e i g h t ................................................... . . . 1 , 0 0 4 , 0 2 3
2 5 ,1 8 9
M a il, e x p r e s s , & c .............................. . . .

1 S 9 1 -9 2 ,
$
7 6 ,0 8 3
1 ,1 2 9 ,4 3 2
2 5 ,3 1 9

1 8 9 2 -9 3 .
$
7 3 ,4 3 2
1 ,2 5 0 ,5 3 6
2 3 ,1 8 2

T o t a l ................................... - ......... . . . 1 , 1 0 1 , 2 3 6
O p e r a t in g e x p e n s e s a n d t a x e s . . . 5 4 y ,9 7 5

1 ,2 3 0 ,8 3 4
7 0 2 ,6 5 7

1 , 3 4 7 ,2 0 0
6 1 7 ,2 3 1

5 5 1 ,2 6 1

5 2 8 ,1 7 7

7 2 9 ,9 6 9

INCOME ACCOUNT,
1 8 9 0 -9 1 .
R ec e ip ts —
.$
2 s e t e a r n i n g s . . ...........
. . . . . . . . . . . . 5 5 1 ,2 6 1
1 1 ,1 2 7
O th e r r e c e i p t s .................................... . . .

1 8 9 1 -9 2 .
$
5 2 8 ,1 7 7
4 ,6 8 8

1 8 9 2 -9 3 .
$
7 2 9 ,9 6 9

5 6 2 ,3 8 8

5 3 2 ,8 6 5

7 2 9 ,9 6 9

2 0 0 ,0 0 0

2 0 0 ,0 0 0
2 ,0 8 8
9 7 ,8 7 1
1 6 ,1 8 3
2 0 v, 0 0 0
1 ,1 8 0

2 1 0 ,8 3 3
4 .4 5 5
9 4 ,1 4 6
2 0 ,7 7 1
2 1 7 ,5 0 0 1 ,0 7 9

5 1 7 ,3 2 2
1 5 ,5 4 3

5 4 8 ,7 8 4
1 8 1 ,1 8 5

N e t e a r n i n g s ............................... . . .

T o t a l ......................... .................. . . .
D is b u r s e m e n ts —
I n t e r e s t o n b o n d s ......................... . . .
I n t e r e s t o n f lo a t i n g d e b t ...............
C a r t r u s t d i s b u r s e m e n t s ............... . . .
S t a t e t a x e s ........................................... . . .
D i v i d e n d s ............................................... . . .
M is c e l la n e o u s .....................................
T o t a l ................................................ . . .
S u r p lu s .................................................... . . .

A ssets—

1 0 1 ,5 9 6
1 9 ,2 1 0
1 5 0 ,0 0 0
4 7 1 ,3 8 8
9 1 ,0 0 0

CONDENSED GENERAL BALAXCE SHEET JUNE 30.
1892.
$

R o u a a n d e q u i p m e n t ....................
1 0 , 0 0 0 ,0 0 0
A d v a n c e s o n a c c o u n t o f c o n s t r u c t i o n .................................... ........

.......

1893.

$
1 0 ,0 0 0 ,0 0 0
7 5 0 ,0 0 0
4 9 8 ,4 9 2

Due by agents. tSto.....................................................

282,922

F u e l a n d s u p p l i e s ................................................................
C a s h o n b a n d ..........................................................................

1 4 6 ,1 4 7
2 5 ,5 3 1

Cars—freight...................................................................
Locomotives—freight...................................................

2 4 3 ,2C0
4 7 ,3 2 0

K e n - m o o r e x t e n s i o n ..........................................................

3 0 5 ,2 3 6

627,295

33,6 7 6

3 3 ,6 9 6

Miscellaneous....................
T o ta l.

85,245
1 8 9 ,0 4 5
2 4 3 ,2 0 0
1 0 6 ,9 7 7

.11,084,032 12,533,951-

October

23,

THE CHRONICLE

1893.]

721

tons; manufactures, 103,978 tons, which, with miscellansous,
shows a total increase of 1,161,699 tons. The total number of
locomotives owned by the system is 1,313: passenger cars,
I n t e r e s t o n b o n d s .............
K en (at o f e q u i p m e n t ........
917: freight cars, 39,330; miscellaneous cars, 609, or a grand
D iv id e n d J u l y l ...................
total of cars, 40,856, and of cars and engines 42,169. The.
W a e c s . s u p p lie s , A - e ..........
board of directors express themselves as well satisfied with
Due other roads, A c ...........
the condition of the property, its management and the gen­
i? r o ft t a n d lo s s ........................
eral outlook for increased business.
1 1 ,0 3 4 ,0 3 2 1 2 ,5 3 3 ,9 5 1
T o ta l.
The old board of directors was re-elected, Cecil Baring be­
ing chosen to fill the vacancy caused by the death of Allen
Manvel, J. W . Reinhart was re-elected President, D. B,
Western New York & Pennsylvania Railroad.
Robinson First Vice-President, Edward Wilder Secretary and
{ F u r t h e y e a r e n d i n g J u n e 30, 1 8 9 3 .J
Treasurer, G. R. Peck General Solicitor and John J. McCook
la advance of the pamphlet report, the following summary General Counsel.
is prepared from the official report tiled with the X. Y. State
Commissioners,
Baltimore & Ohio Southwestern.—The stockholders of the
1889-90.
1390-91
1891-92
1802-93- Ohio & Mississippi and the Baltimore & Ohio Southwestern
$
s
$
as
railroad companies ratified the agreement of consolidation at
<5 r e f * e a r n i n g * .................. 3 6 4 1 ,0 0 6 3 , 5 6 2 .6 6 9 3 , 5 8 0 , 1 5 6 3 .7 1 6 ,6 3 8
-Operating expenses...... 2,642,591 2.485,792 2,393,360 2,517,126 Cincinnati on the 231 which was decided upon with the Eng­
lish shareholders last February, At the meeting $31,600,000
N e t e a r n i n g s ....................
9 9 9 ,4 6 5 1 ,0 7 0 ,8 6 7 1 ,1 8 1 ,7 9 6 1 ,1 9 9 .5 1 2
of Ohio & Mississippi stock was represented and $4,500,000 of
P e r e t o f oi>«r.(;-r. t o e a r n s
72 6
6 9 -7
6 0 i)
6 6 '8
Baltimore <& Ohio Southwestern stock. The consolidation
goes Into effect November 1. The entire common stock of the
INCOME ACCOUNT.
consolidated company is owned by the Baltimore & Ohio,
R eceip ts1 8 3 0 -9 1
1 8 9 1 -9 2 .
1 8 9 2 -9 3 .
which guarantees the" new first mortgage 41i per cent bonds
N e t e a j - n i n , - ................................... * 1 , 0 7 6 . 8 8 7
8 1 , 1 8 1 ,7 9 6
8 1 ,1 9 9 .5 1 2
4 ,0 7 4
..............
1,006 issued to m ite the old securities. The consolidation is largely
O ther income............. ...................
due to the efforts of Mr. E. R Bicon, and is the culmination
T ota l ...
1 ,0 8 0 ,9 6 1 1 ,1 8 1 ,7 9 0 1 ,2 0 0 ,5 1 8
of patient negotiation* and litigation. It gives the Baltimore
I w b u r te m e n ts —
& Ohio its own line from the Atlantic coast to the Mississippi
I n t e r e s t .................................................
5 4 5 ,9 2 2
5 6 3 /0 1
8 9 1 ,1 4 2
T a x e s ..........................................
86,851
36,7 7 3
1 0 2 .8 4 8 River.
L ia b ilities -

S to c k ..............................

. . 5 .0 0 0 ,0 0 0
. . . 5 ,0 (1 0 ,0 0 0
1 0 0 ,0 0 0
1 8 ,6 9 2
5 0 ,0 0 0
..
1 7 2 .6 7 9
. ..
5 6 4 .8 8 1
..
1 7 7 ,7 8 0

Bonds (see sofFLBMitXT)

5 , 5 0 0 ,0 0 0
5 , 2 5 0 ,0 0 0
1 0 6 .2 5 0
1 7 ,9 1 3
5 5 ,0 0 0
1 0 9 ,9 1 1
1 ,1 3 5 ,9 1 1
3 5 8 ,9 6 6

R e n t a l * .......................................................................
M i * « l l » n e o u , ............................................. .........

...............
2 ,3 5 8

2 6 .1 0 0
...............

T o t a l ................................................
6 3 2 ,7 7 3
B a l a n c e ........................................ s o r . 4 4 8 ,1 8 8

0 5 2 ,7 4 0
* a r . 5 2 9 ,0 5 6

1 ,0 2 0 ,4 9 0
a u r . 1 8 0 ,0 3 8

Concord & Montreal RR,
{F o r the year ending June 30, 1803.^
The earnings, expense*, charges, &c., were as follows :
KAK-NIM.S AND EXCESSES.

11 ->.500

1991-92,
*
024,158
1.307,8-7
137.454

1692-53.
8
986,*20
1,39-(,019
130,109

Tots! cm nic.-s—
Ope taring exi- «<e« and taxes...... 1,8 16,646

2,989.49ft
1,743.t*s5

2,508,918
1'£85'6<H

625.511

€21,344

1891-82.
8
(.25.5 i 4

1892-53.
n
624,344

m $sm
7?,5*5
2J9AOS

264,452
7s, lira
*347,530

621,271
»»r. 4,243

676,212
(lef, *1,898

Bam inffs-Paascngcr*................
Freight..
...............
Kxptrn*. mail. Ac — .....................

N et

lgoo-in .
#

earning*..........
iJtCOHB ACCOUNT.
1890-91.
6

X el earning*...............
Deduct—
Interest...................... ............. .
R e n t a l* ..............................

Dividend*, A c ............
T o t a l ...........................

Balance......................

2 to,067

♦ O f t h - 8 3 3 7 ,5 3 0 d iv id e n d * p a i d . 8 5 7 , 0 0 0 vra* c h a r g e d t o o tir p lo *
a c c o u n t , thu* le a v i n g the reulli lor the year a surplus of *5,102 instead

*>t a defict! oi 451,398.

G E N E R A L IN V E S T M E N T N E W S .
Atchison Topeka Sc Santa IV.—At the annual meeting of
the stockholders of the Atchison Topeka & Santa Fe Railroad
Company, held at Topeka, Kan,, on the 28th in-t , the largest
vote in the history of the company was east unanimously in
favor of the present management (717,429 shares). The’ following figures arc taken from the annual report submitted br
President Reinhart, showing the operations of the entire sys­
tem, a total aggregate roil- age of SMMii for the year ended
June 80 last: Gross earnings, $50,733,705 96; increase over
previous year. $3,3-6,.430 38; net earnings from railway opera­
tions alone, $16,005,538 41. or an increase of $943,08-’ 72 as
compared with year ended -Juno SO, 1893. The averageoperated mileage increased during the year 5-98-100. Tingross earnings per mile increased$359 15 and the net earnings
$100 41, There were carried on all the lines owned by the
Atchison Company during the year ended June 30, 1893,
2.974,670,170 tons of freight one mile, an increase of 803,899,.220 ton* over previous year. The increase of freight earnings
for the year was $1,717,428 43, and the average number of
miles each ton of freight waa carried for the year increased
2-86-100 miles. The freight revenue per ton per mile shows
the smalt decrease under the previous year of 7-100 of a cent,
or almost nominal. The total number of passengers carried
one mile in_th« year to June 30, 1893, was 461,806,811, an in­
crease of 73,310,896 passengers per mile over the previous
year. Receipts from passengers increased during the year
$1.100,114 51, and the average distance traveled per passenger
increased 4 61-100 miles. The average rate per passenger per
mile showed at 2 273-1,000 of a cent, against 2 418 1,000 of a
cent in 1892, or a decrease of a little over one mill per passen­
ger per mile. Products of agriculture showed an increase of
484,851 tons; produce* of animals increased 81,326 tone; prod­
ucts of minis, 286,838 tons; products of the forest, 217,053

Called Bonds.—Tin? following bonds have been called for
pay m e r it;

LorisVJU.K & N a s h v il l e .— E v a n s v il l e H enderson &
N a sh v il l e D iv is io n .
X u * . 5 5 , 6 2 . -» . 1 0 9 , 1 9 3 , 2 0 8 , 2 0 8 . 2 3 1 , 2 5 4 , 2 7 4 . 3N 5, 5 1 4 . 5 5 5 , « 6 0 ,
1,1 S'*. 1 .0 5 4 , 1 .1 6 5 . 1 ,2 6 0 , 1 ,4 0 0 , 1 ,5 0 5 , 1,55 , 1,509,
1 , 5 7 1 ,1 ,7 1 7 , 1 .9 0 3 , 1 .9 1 1 , 2 ,3 6 9 ,

9*5 . 9 7 * . 1 .0 3 2

The interest will cease December 1.
Canadian Pacific —London cables this week reported a
subscription of £1,320,900 to the 4 per cent preferred stock at
90, forming part of the £8,000,000 authorized in May.
Cleveland Sc Marietta— Pennsylvania.—A majority inter­
est in the stock tu the Cleveland & Marietta has oeeu trausii rml to the Pennsylvania RUlroad. The line runs from
Marietta, O hio, north to Canal Dover, 07 miles, and wilt give
the Perni-vlv-mia a continuous road from Marie"* through
i he Cambridge coal fields to Toledo. The Toledo Walhooding
Valley & Ohio general uinitgage 4*, per cent bonds will be
-tied »• th*.- authorized rate or •fiW.ut.nl a util-- in payment for
the newly-acquired property, which includes the road and
coal lands, 1he s'liiyiM.i first mortgage 6* oa the Cleveland
A Marietta are subject to retirement at lit).
Detroit Bay City & Alpena.—Judge Swan, in the United
States Or uit Court in Detroit, by consent of all parties cont --rned, appointed the Hon. Don M. Dickinson receiver of the
Detroit Bay City & Alpena Railroad. The application for a
receiver was made on Sept. 11 last by Roswella G. Roiston,
president of the Farmers’ Loan & Trust Company of New
York.
Delaware Lackawanna & Western.—An event of much
interest in the stock market was the transfer this week of a
i lock of 40,000 shares of this stock to Mr. William K, Vander­
bilt. The whole stock of the company is $26,200,000, in 524,000
-hares of $50 each, and Mr. Vanderbilt is now supposed to
hold about 90,000 shares. Another large block of stock has
t o n purchased by J. Rogers Maxwell, President of the Cen­
tral Railroad of New Jersey, and it is generally accepted as a
fact that the coal business of the two companies will be man­
aged on a policy that is harmonious, though no definite combination is thought of.
Trie New York Tribune report says : “ The value of Lacka­
wanna to the Vanderbilts lies almost equally in three direc­
tions. Lackawanna ha* been for years a disturbing element
in the trunk line situation. To its action have been attributed,
time anti again, the disastrous rate wars that have played
navoo with the earnings of the trunk lines in which the Vanderbitta nre so heavily interested. By being placed now in a
position to stop this troublesome policy, the Vanderbilts will
be enabled not only to protect their other property, but to
direct a large share of the’Lackawanna's through business to
their central traffic lines, the Nickel Plate and Lake Shore
road--. Again, it has been the apparent policy of the Vander­
bilt family for years gradually to absorb the railroads of New
York State. Already they control the New York Central,
West Shore, Rome Watertown & Ogdonsburg and Adirondack
& St. Lawrence lines, to say nothing of dozens of smaller
properties, and have large holdings iu Delaware & Hudson
and New York Ontario & Western. The acquisition of Lacka­
wanna will leave only one important road in the State—she
Erie—in which their voice is not a power. In the third place,
the Vanderbilts have important coal interests, and in the coal
trade, &» in trunk line affairs, Lxckawanna his been a thorn
in tin? side of its rivals. By this litest action this thorn will
be removed.”
^
Denver A Rio Grande.—At the annual meeting held in
Denver, Chairman George Coppell of New York remarked that
for the year ending the 30th June las- tne management’s predic ion iu vde at the previous s'.ockh liters’ meeting has been.

722

THE CHRONICLE.

|Vol. LVII.

fully realized, in that the earniDgs show a fair increase over the company. The price for each block will be $100, plus
those of the year preceding. In January last the unfunded accrued dividend on the preferred, payable in instalments, 30
floating indebtedness of the company was discharged and the j per cent November 15, 40 per cent December 15 and 30 per
preferred stock was placed on what the directors consider a cent January 15. Subscriptions must be filed by November 7.
safe dividend-paying basis, with reasonable hope of a continu I Kentucky <te Indiana Bridge.—Apian of reorganization
ance of the payments. But after payment of two quarterly! proposes to give the Baltimore & Ohio Railroad the control of
dividends, in February and May last, the action of the East the common stock, issuing a new preferred stock to ttie pres­
India Council in closing its mints to coinage of silver had |ent stockholders. The second mortgage and terminal bonds are
such an adverse effect upon the mining industries of this then to be exchanged for new 4 per cent bonds. Whether
State, and consequently upon the earnings of your railroad, as j the second morfgage bondholders will be asked to scale prin­
to cause the directors to suspend further payments of divi- ‘ cipal as well as interest has not been definitely determined.
dends for the time being and until the future of the company The first mortgage bonds will be allowed to stand. In the reor­
became more settled. There are now signs of a better busi­ ganization provision is also made for funding the floating
ness outlook in Colorado, and the interests of the State and debt, thus relieving the endorsers. This would not materially
this railroad company are so closely allied that prosperity to change the property, except that it is hoped that, the business
the one cannot but be beneficial to the other or the reverse. of the bridge would be improved under the patronage of the
With largely diminished earnings it is almost needless to say B. & O. and the Louisville Southern and Cincinnati Southern,
that the management has been reluctantly compelled to reduce —Louisville C o m m e r c ia l.
expenses correspondingly, and it is a proper tribute to the
Louisville New Albany & Chicago.—The exchange of the
officers of the company that the stockholders should recognize
the self-sacrifices made by all the officials of the company in old stock of the Louisville New Albany & Chicago Railroad
voluntarily suggesting a material decrease of their salaries; for the new classified stock has been completed, and the new
and the other employes of the company have consented to a stock has taken its place in Stock Exchange dealings. Viceper cent reduction in their pay-rolls, all of which reduc­ President Greenough is quoted assaying: ‘ The action of the
tions are now in force. It is to be hoped that such practical company in converting the $12,000,000 of old common stock
loyalty to the interests of the company may soon be rewarded into $3,000,000 preferred, and $9,000,000 common, was based
by a return of better times. The coal traffic of the company on a belief that the company could pay dividends on the pre­
is beiDg fairly well maintained, and is a source of steady ferred stock. Dividends will be payable semi-annually, and
revenue, as neighboring States and Territories are dependent the dividend for the current half-year has already been
upon Colorado for a supply of fuel. The new line to the earned. The directors will undoubtedly pursue a conservative
anthracite coal fields, authorized to be built by your directors policy, and not declare more at the start than there is a rea­
in September of last year, is now in operation and a large sonable probability of beiDg able to maintain. The physical
supply of that much desired description of coal will soon be condition of the road and equipment is, for the first time'in its
history, such as the operating department need not feel ashamed
available.
of. The effect of this is seen in increased earnings.” A syn­
Evansville & Terre Haute.—The annual Meeting of the dicate has been formed to guarantee the floating debt of the
stockholders of the Evansville & Terre Haute Railroad was company. This amounts to only about $503,000, it is said,
held last week and resulted in the election of the following and was incurred for additions to equipment.
directors : D. J. Mackey, F. W. Cook and E. P. Hustan of
Mobile <fc Ohio—Montgomery Memphis & St. Louis.—The
Evansville; M. H. Tilford, Frederick Roosevelt, John L.
Hamson, T. IT. Wheelarm, W. H. Curtis and Harvey E. Mobile & Ohio has entered into a contract with the Montgom­
Fisk of New York. Mr. Tilford of New York represented by ery Memphis & St. Louis, formerly the Montgomery Tusca­
proxy the Eastern stockholders. Forty-five thousand shares loosa & Memphis, wherein is provided that the latter shall
issue its bonds to the amount of $3,500,000, guaranteed as to
were represented. All voted for the Mackey ticket.
principal and interest by the Mobile & Ohio Railroad Com­
Fort Worth & Denver City—Union Pacific.—At Omaha. pany, the proceeds to be used in completing the road, a part
Oct. 24. Morgan Jones, President of the Fort Worth line, and of which has been graded. The line is projected from Colum­
John D. Moore, Superintendent of the same line, were ap­ bus, Miss., to Montgomery, Ala., 168 miles, with branches 22
pointed receivers of the Fort Worth & Denver City Railway, miles. At Montgomery relations will be established with
the Panhandle Railway Company and the Fort Worth & the Plant system, reaching to the Atlantic coast and into
Denver Terminal Company, organized and existing under the Florida. Bonds will be issued at the rate of $18,000 a mile.
laws of Texas and portions of the Union Pacific system.
National Cordage.—At Trenton, N. J., Oct. 26, Chancellor
General Electric.—Under date of Oct. 17 this company McGill granted an order authorizing the receivers of the Na­
issued a circular to its stockholders offering shares in “ Street tional Cordage Company to take the property of the Victoria
Railway and Illuminating Properties.” This circular says that Cordage Company of Ohio upon assuming responsibility for
in accordance with the terms of a contract made with a the debts of the latter concern, which aggregate $400,000.
It is stated that the National Cordage Reorganization Com­
syndicate, which has already purchased the entire amount of
shares of the Street Railway and Illuminating Properties, the mittee has made a satisfactory settlement with all the holders
several stockholders of this company, common and preferred, of the Security Corporation bonds, and the plan to substitute
as recorded on its books at the close of business October 27, guaranteed stock for bonds is now effective.
1893, are offered 45,000 6 per cent preferred cumulative
New York New Haven & Hartford.—The new Board of
shares and 45,000 common shares in the Trust known as Directors recently elected is as follows: E. H. Trowbridge, New
“ Street Railway and Illuminating Properties.” These trust Haven; William D. Bishop, Bridgeport; Nathaniel Wheeler,
shares are issued by Samuel Spencer, Charles E. Cotting, Bridgeport; Henry C. Robinson, Hartford; Charles P. Clark,
Edwin Packard, C. S. Tuckerman and Frank G. Webster, as New Haven; Joseph Park, Chauncey M. Depew, William
trustees under a trust deed signed by them, dated August 18, Rockefeller, J. Pierpont Morgan, George Macculloch Miller,
1893, and are based upon certain bonds, stocks, notes, and New York; John M. Hall, Willimantic; Charles F. Choate,
other rights of and interests in local illuminating, railway Boston; Nathaniel Thayer, Boston; Royal C. Taft, Rhode
and other properties, recently acquired from this company. Island; Charles F. Brooker, Torrington, Conn.; Carlos French,
The trust deed states :
Seymour; George J. Brush, New Haven; Leverett Braiuerd,
Tlie entire beneficial Interest in the securities held by the trustees is Hartford, aud Henry S. Lee, Springfield.
divided into 90,0 0 0 shares, of which 4 5 ,0 0 0 are preferred shares aud
New York & New England.—The various reports current
4 5 ,0 0 0 common shares. The preferred have a designated par value ot
$ 1 0 0 each, and are a first lien on the net proceeds of the securities. this week about this company may be summarized as fol­
The common shares represent so much of the net cash proceeds as lows : That the contract for building the New York New
shall remain in the trustees’ hands after payment of the interest on
and principal of the preferred shares, together with the expenses and. England & Northern RR. will be signed at the next meeting
charges incurred in the managemant of the trust. The common shares of the New York & New England RR. directors to be held in
are entitled to a distribution, from time to time, of the net proceeds of New York on the 31st, and that the bonds of the new road
the securities, after the preferred shares have all been redeem ed: and
prior to such redemption the trustees m ay, after reserving a certain have already been placed. That there is to be an alliance
accumulation for payment of interest to accrue on the prefer) ed concluded with the Lehigh Valley RR. and the Philadelphia
shares, pay out of net income, at their discretion, dividends on the Reading & New England for a through freight and passenger
oommon shares. The trustees have the right to call in and redeem the line by way of the Poughkeepsie Bridge, thus giving connec­
preferred shares or any of them ,on notice, paying for the called shares
the designated par value thereof and a premium of 10 per cent, to­ tions to the Pennsylvania coal fields and to Buffalo and the
West. That the new announcement will be made that the
gether with all interest earned to the date fixed for redemption ; and
also the risht from time to time to nurchase any of the outstanding right of way for the extension to the Second Avenue terminus
preferred shares at a price not exceeding $ 110 per share, aud accrued
interest, pursuant to jtroposals for the sale of said shares submitted has been secured, giving the New England a direct line to
this city. That arrangements will also be made for connec­
by the shareholders.
The circular says further : “ The securities embraced in tions to Montreal via Central Vermont.
New York Pennsylvania & Ohio.—Judge Ricks, in his de­
‘ Street Railway and Illuminating Properties’ have a nominal
or par value of about 812,000,000, although, of course, this cision on the suit of this company for the appointment of re­
ceivers, refused the application and made an important ruling
figure is not a criterion of their intrinsic value.”
It is expected that the trustees will be able ultimately to with regard to the Erie lease. He said : “ As a matter of the
realize from these securities an amount sufficient not only to law the receivers could not abrogate the lease, which was
redeem the preferred shares, including dividends at 6 per cent valid and binding between the Ohio corporation and its lessee,
per annum on the designated par value thereof, but also to the New York corporation. The lease muse stand between
distribute substantial sums upon the common shares. These the lessor and lessee until abrogated by a resort to some one of
trust shares will be sold in blocks, each block to consist of one the conditions .contained therein ; and if the requirements of
preferred and one common share. Stockholders of record at the property which demand a forfeiture of this lease be
the close of business October 27, 1893, will be entitled to sub­ guarded against by preventing any default iu rents, then the
scribe for one of, such blocks for every eight shares of stock receivers should pay the rents and adopt the lease ; but if,
of the General Electric Company, whether common or pre owing to the other burdens resting upon them, they should be
ferredy or both, then standing in their names on the books of. unable to do this, looking to the best interests of the property,

10

THE CHRONICLE.

O ctober 28, 1893J

723

they should not adopt the lease If they have such option : the Reading and secured by its collateral, can be exchanged for
lessor company’s interest is not and should not be a controlling notes of the Philadelphia & Reading Company, The petition
factor in reaching a conclusion : and if the complainant’s in­ says:
terests demand that they shall adopt the lease, and the gen­
Y o u r p e t i t i o n e r s f u r t h e r s h o w t h a t t h e y a r e u n a b le t o c o m p l y w it h
eral interests of those interested as creditors demand that it tills d e m a n d u n le s s a u t h o r i z e d t o m a k e u s e o f t h e c o ll a t o r it t r u s t
b o n d s w h ic h h i v e c o m e i n t o t h e ir p o s s e s s i o n u n d e r t h e f o l l o w i n g e irshall not be adopted, then the latter and wider interests should e tu n s tiiiie e s : U p o n th e 2 d o f M a r c h . t » 9 3 . t h e t h o u r e c e iv e r s r e ­
control." It is probable that the receivers dull seek a modifi­ d e e m e d f r o m F . H . P r in c e & C o ., o f B o s t o n , $ 1 5 0 ,0 0 0 c o ll a t e r a l t r u s t
cation in such a way that the Erie Company will not pay b o n d s b y t h e p a y m e n t o f # 1 0 0 .0 0 0 In c a s h . T h e r e c e i v e r s a c t e d u n d e r
t h e a d v i c e o f c o u n s e l In m a k i n g t h e t r a n s a c t i o n a n d b e l ie v e d a t th e
more than the N. Y. P*. & Ohio earns.
t im e th at it w a s n e c e s s a r y i n o r d e r t o p r e v e n t th e s a c r i f i c e o f t h e s e ­
Yew York Stock Exchange—Yew .Securities Listed.—The c u r it ie s o f t h e c o m p a n y a n d th e b o n d s r e d e e m e d w e r e w o r t h m o r e th a n
e a m o u n t p a id t h e r e f o r , u p o n t h e 5 t h o f J u n e , 1 8 9 3 . t h e t h e n r e ­
Governing Committee of the New York Stock Exchange have th
c e iv e r s p a i d E r v in & C o . tlxo s u m o f $ 1 2 2 ,9 7 0 , a n d r e c e i v e d * 2 * 3 .0 0 0 .
added to the lists the following:
c o ll a t e r a l t r u s t b o n d s a n d 3 l,.:>i i . i ’ o o t h i r d p r e f e r e n c e in c o m e b o n d s ,
W hEEtrso & L«KR E rie RAM w a t .—A dditional 3 1 ,0 0 0 ,0 0 0 common
stock, making the amount Hated 3 1 0 ,0 0 0 .0 0 0 .
S e w Y o r k B r o o k l y n & M anhattan B each Ra i l w a y .- . A dditional
9 3 0 .0 0 0 first consolidated. 3 p e r cen t bo nd s, m a k in g the a m o u n t
liste d 3933,0 00 .
B e e c h C r e e k R a i l r o a d — C ou pon bonds la place o f r e g i s t e r e d
bonds, sut r e n d e r e d a n d c a n c e l e d . T h e a m o u n t o f the Issue la not la
c r e a s e d , a n d it r a m a ii - a t $ 5 ,0 0 0 ,0 0 0 .

N ew Y

ork

Lake

E

r ie

A- W e s t e r * R a i l r o a d .— A dd itio n a l $3,000,-

0 0 0 c o n s o l id a t e d « p e r c e n t b o n d s o f t h e L o n g b u c k C o m p a n y , m a k in g
t h e s m o u n t lis t e d $ 7 , 5 0 0 , OtiO.
S e w Y o r k B a t E x t e x s i o x R a i l r o a d .— $20 0,000 first m ortgage

3 p e r cen t bonds.
M i - o r a ; K 'jY s A t A- E a s t e r s R
5 p e r cent bonds.

a i l w a y .—

31,000 ,00 0 first m o rtg a ge

Y o r f o l k & SOOTHERS R a i l r o a d . —A d d i t io n a l $ 3 5 ,0 0 0 f ir s t m o r t ­
g a g e b o n d * , m a k in g th e a m o u n t l is t e d $060,000.
C h i c a g o R o c k I » l a m > A P a c i f i c R a i l w a y . — A d d itio n a l 31 75.0 00

extension an d collateral 5 p e r cent bonds, m a k in g the a m o u n t Hated
$4 0,470,000,
W a b a s h R a i l r o a d .— Co n d itio n a lly an tasua o f $1 ,000,000 first m o rt­
gage bonds, to re tire m a tu rin g obligations.
D o i x t h A I r o n R y s o b R a i l r o a d — A d d itio n a l *5 49,0 00 first m o rt­
gage 5 vt r cent bonds, m a k in g th e a m o u n t tim ed $5,754,000.
S TA TB o r L o C i s i a .v a — A d d itio n a l *2 77,1 00 4 p e r cent consolidated
bond* of 1 9 14. m a k in g a m o u n t l m e d $ 1 1,34 3,7 00.
»

i n i s p a y m e n t w a s a l s o m a d e in o r d e r t o p r e v e n t
t h e atten­
dee
of
th e s e c u r it i e s a t f o r c e d s a le , a n d w a s o b v i o u s l y j u ­
d i c io u s a n d p r o p e r .
O p e n th e 3 d o f J u ly , 1 3 9 3 . th e y p a id
M e ssrs. S p e y e r & C o . * 5 0 0 ,0 0 0 o n a c c o u n t o f t h e i r lo a n , a n d r e ­
c e iv e d b a c k < 1 0 0 .0 0 0 c o ll a t e r a l t r u s t b o n d s a n d $ 2 0 0 ,0 0 0 b o n d s o f
th e P h ila d e lp h ia H a r r i s b u r g A P i t t s b u r g R a il r o a d C o m p a n y . T h is a i r a n e e m e u r w a s n e c e s s a r y iu o r d e r t o p r e v e n t t h e s a l e o f a lt t h e s e c u r i ­
t ie s h e ld b y M e s s rs . S p e y e r & (Jo,, a m t t o s e c u r e a r e n e w a l f o r t h r e e
m o n th s . I n o r d e r t o m a k e th e a d d p a y m e n t th e r e c e i v e r s b o r r o w e d
$ 3 0 0 ,0 0 0 f r o m th e F in a n c e C o m p a n y o f P e n n s y lv a n ia , a n d p le d g e d a s
c o t le t c r .it * 8 0 0 ,0 0 0 o f - lid b m ils. T h e r e c e i v e r s a l s o r e c e iv e d l a t h e
c o u r s e o f th e c u r r e n t a d m in is t r a t io n o f b u s in e s s $ 1 3 0 ,0 0 0 c o ll a t e r a l
m w e Mond* f r o m th e P e n n s y lv a n ia
o m p a n y . a n d $210,000
c o ll a t e r a l t r u s t b o n d s f r o m t h e G u a r a n t e e T r u s t A d a t e D e p o s it C o m ­
p a n y o n m e I flt h o f J u n e , a m i * 2 2 0 ,0 0 0 f r o m t h e F in a n c e C o m p a n y o f
P e n n s y lv a n ia o n th e 5 t h o f A u g u s t , 1 8 9 3 , a n d $ 1 1 0 ,0 0 0 o n t h e 1 3 tlt o f
O c t o b e r , I 8 0 J , l e a v i n g a t o t a l in t h e ir h a n d s a t th i t d a t a (in c l u d i n g
t h e $7;)J,O O J r e d e e m e d ! o f * 1 , 0 2 0 , 0 0 0 o t s a id b o n d s ; b u t y o u r p s t P
t lo n e r * a r e a d v is e d t h a t It is n e o e s m r y t h a t t h e i r a c t i o n s i n r e d e e m in g
th e b o n d s m e n t io n e d s h o u l d b e r a t ifie d a n d c o n f ir m e d b y y o u r h o u o r a n ld c o u r t b e f o r e a n y o t h e r u s e c a n i d b o m a d e o f t h e s a m e , a n d t h a t
t h e y s h o u ld b e s p e c i a ll y a u t h o r iz e d t o p le d g e t h e s a id b o n d s f o r th e
p u r p o s e o f s e c u r i n g a n e x t e n s i o n o f th e l o a n .
Y o a r p e t i t i o n e r s f u r t h e r s h o w t h a t a m o n g t h e s h a r e s p l e d g e d t o th e
t r u s t e e s f o r th e s e c u r it y o f t h e c o l l a t e r a l m u s t b o n d s a r c l i . i i i s s h a r e s
o f t h o A t l a n t i c C ity R a ilr o a d C o m p a n y a n d t e a t i lie r e a r e o u t s t a n d i n g
n o t e s o f th e A t l a n t i c C ity H R . C o . I n d o r s e d b y t ile P h ila d e lp h ia
A R e a d in g R a il r o a d C o m p a n y , w h ic h w e r e Issu e ,I f o r I t a a o o o i n in o d a tlu n , to tin a m o u n t o f $ 7 0 5 , 0 9 * 7 5 , s a i d n o t e s b e i n g s c o u r e d b y c o l ­
la t e r a l o f ttm P h ila d e lp h ia ,V R e a d in g R a ilr o a d C o m p a n y , a n d r c g n r d r ; l a n d tr e a t e d n s p a r t o f i t - f lo a t i n g i n d e b t e d n e s s . Y o u r p e t i t i o n
o r * a re <<t o p i n i o n t h a t it t< d e s i r a b l e t h a t t h e s e n o t e s s h o u l d b e t ik o n
u p a n d e x c h a n g e d f o r n o t e s o f t h e P h ila d e lp h ia A R e a d in g R a ilr o a d
c o m p a n y , a n d t h e h d .b -r s h i v e a g r e e .! t o m ake t h e o x e u l l a g e p r o ­
v id e d t h e y a r e s e c u r e d b y t h e p l e d g e o f a d d it io n a l c o ll a t e r a l t r u s t
b o n d s t o a n a m o u n t s u f fic ie n t t o m a k e t h e ir h o l d i n g d o u b le t h e a m o u n t
o f th e ir d e b t - T h e a m o u n t o r b o n d s i c i j u i r e d w il l b o a b o u t # 4 7 7 ,0 0 0 .

Niagara Falla Power Co.—After protracted and exhaustive
examination of many plans submitted by various electrical
companies in America and Europe, the Niagara Falls Power
Company has awarded to the Westtnghouse Company of
Pittsburg, Pennsylvania, a contract covering the construc­
tion and installation of three alternating current dynamos of
5.000 horse power each, after designs originating with the
The receivers a-fc tint their action in redeeming the securi­
engineers of >he Cataract Construction Company and especially
adapted to the particular requirements of the hydraulic in­ ties he approved nod that they ha authorized to make use of
stallation of the Niagara Palls Power Company. The system the collateral as indicated. The matter was referred to
adopted involves the use of two phase current with a frequency George L. Crawford, special master, to report.
of twenty-five periods per steond generated at a voltage or
The commute a of Philadelphia & Reading bondholders
2 .0 0 0 and the use of transformers for long distance trans­ vidtetl Philadelphia on Friday to talk the general situation
over with the receivers, and It is hoped that them may bo
mission at higher tension.
Northern Pacific.—A large amount of the consolidated 5 some results favorable tn reorganization. J. Biward Sim­
per cent mortgage bonds of this company has placed in mons and General Louis Fitzgerald, with their counsel, John
Germany, and it is understood that some $ 15,0 0 9,000 of them R. Djs Passes, will represent the general mortgage bondhold­
are yet held there. A large proportion of these bonds was ers, aud William L Martens, Isaac N. Befigmau anil John
already been deposited with the Deutsche Bank of Berlin, as V. Protwt, with their counsel, C. C. Beaman, will represent
depository for an association of bondholders formed by bank­ the income bondholders. Stephen Little, the expert account­
ers in that city. A committee na-t also been organized in ant of the bondholder*, has nearly completed his examination
New York to protect the interests of those German holders of the Reading Coal <&Iron Company, No further progress is
and all American holders who may join with them. This yet reported on the plan of reorganization.
The long-eon Unue ! and voluminous criticisms of Mr. Isaac
committee consists of the following well-known gentlemen :
Mr. Edward D. Adams, formeriy/of Winslow, Lanier & Co.; L. Rice against the Reading receivers have finally culminated
Gen. Louis Fitzgerald, President Mercantile Trust Co.; Ernst iaan equally voluminous complaint against them. Mr. Etee
Thai man o, of Messrs. Laden burg, Thai rnann & Go,; James gave out a statement of what was done at the meeting of those
Stillman, President of National Guy Bank; J. D. Probst, of holders of Reading Railway securities who met at the Wind­
sor Hotel, New York, on Tuesday night. "I presented,”
the banking house of J. D, Probst & Co.
There are now outstanding $44,094,000 consolidated mort­ said be, “ a bill of complaint which I had carefully drawn,
gage bonds, excluding thoee held as collateral. The Northern containing seventy-live counts against the receivers of the
Pacific RR. Co. has made default in the payment of that por­ Reading. It wag the unanimous opinion of the meeting that
tion of the coupons matured June 1st, 1893. the presentation this should form the basis at ua application to be ma le to tile
of which for payment was dr laved until after the appoint­ Circuit Court for the removal of the receivers. The complaint
ment of the receivers, and liar defaulted also on its second changes among other things grass mismanagement of the
aUurs of the company} that the profitable business which
mortgage interest, due Oct. I, 1893.
The Farmers’ Loan & Trust Go, is the trustee under this con­ should come to R •tiding is diverted to other routs in which
solidated mortgage, and secured the appointment of Mr. the Reading uflLuais are iotere.-ted, and that efforts are now
Henry C. Payne, of Milwaukee, as one of the receivers, par­ being nude to get Reading into what is called on Wall Street
ticularly representing this interest with Messrs, Oakes and 4the latest coal deal.' ”
All Mr. Rice’s proceedings from the start have bean rather
Rouse, and has already commenced proceedings for the fore­
in the nature of an argumentwn ad hominem againat the
closure of the mortgages.
The experience of the oust has generally convinced security u:i3(,liters of Reading, ami have not been accompanied by any
holders that tlieir interests are beat protected by prompt ac­ definite plan of reorganization or financial proposals backed
tion in cases of default, when they can get efficient commit­ up ay a syndicate of bankers. The committee now acting for
Mr. Ric« in New York cjunisia of Messrs. Richard B. Harts­
tees to carry forward the work of reorganization.
Northern Pacific Branches.—At St. Cloud, Minn., on the horn*, Henry T. Carey aud Jacob Scholle.
18th, Judge ffearle appointed receivers for the Little Falls &
Toledo Ann Arbor k North Michigan.—Bills for the
Dakota Fergus Falls & Black Ilills and Duluth & Winnipeg foreclosure of the several divisional mortgages of the Toledo
branch** of the Northern Pacific, and named Henry Stanton, Aon Arbor & North Michigan Railroad have been prepared.
of New York, and F, G. Winston, of Minneapolis, receivers The foreclosure proceedings will bu pressed to a c inclusion,
for the company of these branches.
so as to adjust the very large floating debt that no w exists
Oregon Pacific.—Judge Fullerton, tn the Benton County and claims that are continually coming up against the prop­
Court at Corvallis, Oregon, on toe 2lst inst,, ordered the Ore­ erty. An application for the appointment of Joseph Walker,
gon Pacific Road sold Dec. 15, The sale has been several Jr., of tfds city as a co-receiver has been signs 1 by a large
number of bondholders.
~
times adjourned.
Philadelphia & Reading.—The Speyer loan has been re­
Wisconsin Central.—The Chicago Wisconsin & Minnesota
newed for three months witn an option to renew it again at RR. Co. outstanding first mortgage coupons, and imorovethe end of that oertod. In Philaielphia, Oct, 26, the receivers ment note coupons, which matured Sept. 1, 1893, will b i paid
of the Reading filed a petition in the United States Circuit on and after November 1 next, with sixty days’ interest at 6
Court asking the Court to ratify the redemption of $1,029,000 per cent on the face of Said coupons; also coupons maturing
collateral trust bonds, a part of which the receivers want to November i, 1893, upon Wisconsin Central joint and several
use to extend the Speyer loan of $3,509,009, The receivers improvement bonds if the Wisconsin Central Company and
also ask for authority to pledge $47 f,000 collateral trust bonds, Wisconsin Central RU. Co. will be paid on and after Novem­
so that outstanding notes of the Atlantic City Railroad Corn ber 1 next upon presentation at the Merchants’ National
pany, to the amount of $795,998, which are indorsed by the Bank, Boston

THE CHRONICLE.

724
3 * !x e

(ftc r m n x e r c u il

[VOL. LVII.
C

g im c s .

O

T

T

O

N

.

October 27, 1893.
as indicated by our telegrams
from the South to-night, is given below. For the week ending
C
O
M
M
ER
C
IAL EPITO
M
E.
this eveuing the total receipts have reached 358,233 bales,
F r id a y N ight , Oct. 2 8 ,1 8 9 3 ,
against 286,789 bales last week and 264,598 bales the previous
"Very little increase in the movement of general merchan­ week; making the total receipts since the 1st of Sept., 1893,
dise has taken place during the week, business proving prin­ 1,475,239 bales, against 1.418,423 bales for the same period o f
cipally of routine character. Operators nevertheless enter­ 1892, showing an increase since Sept. 1, 1893, of 56,816 bales.
tain more hopeful views, based upon the assumption that the
Receipts at—
Sat.
Mon.
Tues. \ Wed. Thurs.
F ri.
Total.
silver controversy in the Senate is nearing the end and that
the passage of the repeal bill will revive a feeling of confi­ G alveston.......... 7 ,792 20,0 1 7 6,583 11,618 9,933 9 ,466 6 5 ,4 0 9
dence in commercial circles. Speculative interest in staple Velasco, & c ___ . . . . . . . . . . . . . . . . . . . . . . . .
3,693
3 ,6 9 3
commodities is slightly more pronounced. Weather reports New O rlea n s... 17,651 18,507 33,024 19,401 12,183 18,0 8 5 118,851
have been of seasonable character and caused no injury to M obile................ 1,451 2,814 3,611 2,389 2,045 1,129 1 3 ,4 3 9
exposed crops. Fall-sown grain has made further improve­ Florida............... . . . . . . . . . . . . . . . . . .
.....
639
639
ment and the crop is considered in better condition than one Savannah.......... 8 ,466 11,309 12,412 10,362 7,958 8 ,310 5 8 ,8 1 7
year ago. Good progress has been made in gathering corn,
..........
..........
B n m sw ’k,&o.
9,278
......
9 ,278
.....
......
and it is believed that a large proportion of the crop is now in Charleston........ 4 ,4 2 2 3,383 1,706 3,198 4 ,2 2 4
773 2 2 ,7 0 6
crib. The export demand for breasdtufl's continues somewhat
o
2
Pt. Royal, <fcc. ..........
......
......
......
......
erratic and not up to the average calculated upon, shippers W ilm ington___ 3 ,531 3,355 2,0S6 2 ,132 1,921 1,311 1 4 ,3 3 6
refusing all ventures unsupported by positive orders, There
Wash’ton, &c.
......
23
23
......
......
has been a renewal of foreign call for fodder, and ocean freight Norfolk......... ..
5 ,2 5 4
5,875
5,797
5,C61
5,936 4 ,7 1 4 32,6 3 7
room for hay is engaged ahead into late spring months.
1,353
1,916
W est P o in t...
3 ,437
2,391
3 ,089 1 4 ,1 7 4
1,989
Lard en the spot has met with a slow trade, but prices have
..........
1,342
1,342N ’port N ., &c.
......
......
......
been advanced owing to small supplies and in sympathy with
500
500
an advance in futures, closing firm at 9Jjc. for prime City,
10
254
10
463
73
116
10-50c. for prime Western and 10'80c. for refined for the Con­
1 ,438
1 ,4 3 8
tinent. There has been some trading in the lard market for
239
491
1
90
30
131
future delivery and prices have advanced iri response to Pliiladelpli’a &c
stronger advices from the West, where “ shorts” have been Tot’ls this •week 49.990 72.6761 67.921 57,562 46,3041 63,785|358,238
free buyers to cover contracts, closing firm.
The following shows the week’s total receipts, the total since
D A IL Y CLOSING PRICES OF LARD FU TUR ES.
Sept. 1, 1895, and the stock to-night, compare! with last year.
Sat.
Mon. Tues.
Wed. Thurs.
Fri.
F r id a y N

T he M

October delivery.......... 0 .1 0 -3 5
November delivery......0.
9 '7 5
January delivery..........e.
8 '9 5

10-70 10-70
9 90 9 -90
9 00 9-00

10-40
9-60
8 '8 5

10-45 10-60
9-80
9-75
8 '9 0
8-93

ovem ent of the

Receipts to
Get. 27.

1893.

ig h t ,

Crop,

1

Stork.

1892.

This Since Sep. This
Week. | 1, 1893. | Week.

Since Sep.
11, 1892.

j 1 8 92.
Pork has been quiet, but owing to the light stock prices
have held firm, closing at §19 50®§20 25 for mess, §20® G alveston ...
§20 50 for family, §19@§30 75 for short clear and §14 50® Velasco, &c. 65,409 3 1 4 ,5 3 0 53.7 3 2 3 65,548 15 0 .9 1 9 131 ,7 1 8
2,317
3 ,985
3,693
10,558
17,077
§15 00 for extra prime. Cut meats have declined under in­
creased offerings, closing at l l @ 12 c. for pickled bellies, 1 2 ® New Orleans 118,851 3 97,007 72,3-45 2 3 5 ,6 3 4 201 ,3 4 5 1 7 4 ,9 5 9
2 3 ,7 7 5
Mobile........... 13,4 3 9
57,1 3 6
52 760
9 ,459
23,132
10 lbs. average, 10 @ 10 J^c. for pickled hams and 73^@7%c
4 ,439
2,932
639
for pickled shoulders. Beef is quiet and unchanged at §8 @
Savaunah. . . 58,817 333,951 5 9 ,2 5 4
1 2 6 ,7 5 4
315,755
128.058
$8 50 for extra mess, §12@$14 for family, §10@§11 50 for
15,491 12,5 9 6
44,1 7 7
3 ,1 9 2
Br’ \vick,&c
3 ,300
9 ,278
packet and §19,®§21 for extra India mess. Beef hams are
8 2 ,4 4 1
7 2 ,3 4 0
steady at §16® §16 25. Tallow has been moderately active at Charleston.. 22,706 1 1 9 .4 8 7 27,9 5 5 125 ,9 3 8
6 ,794
11
2
declining prices, closing steady at 5 l-16c.; lard steaiine has
6 2 ,6 46 11,592
3 1 ,0 6 9
56,3 9 0
27.365
been steady. Sales of prime Western were made at 11}®!, Wilmington.. 14,336
23
55
111
46
in tcs. City closed at 12c. Oleo-stearine has been quiet,
96,4 1 9 16,069
69.143
32,28852.7 8 9
but steady at lOJ^c. Cotton-seed oil has sold slowly and N orfolk ......... 32,6 3 7
We3t Point 14,1 7 4
37,795 17,816
15,3 0 1
63,5 0 0
18,1 5 1
prices have declined a trifle, but the close was steady at 36c.
1,342
2 ,992
351
N ’p’tN .,& c
2 ,573
763
for new prime crude and 40®40^c. for do. yellow. But­
500
995
857
1 6 4 2G5 278,863857
ter is in fair demand and steady at 20@28c. for creamery New Y o r k ...
9,179
463
1 ,369
3,159
10,000
1 2 ,0 0 0
Cheese is quiet but steady at 9®12J£c. for State factory, B o ston ..........
2,535
8 ,5 5 4
724
18,0 6 3
1 3 ,1 7 1
full cream. Fresh eggs are moderately active and steady at Baltim ore... 1,438
PMladel.,&o.
5,021
1,776
4 ,2 0 3
6.472
8 .1 0 3
491
22@22J|c. for choice Western.
Coffee has been less active with an inclination toward
Totals . . . . J358.23811,475,2391290,47011,418,423 87 8 .1 7 6
9 3 6 ,4 6 4
easier tone under fuller and better assorted offerings. Rio
In order that comparison may be made with other years, we
quoted at 1834c. for No. 7; good Cucuta 20%@21e. and inter
ior Padang 23® 23}£c. Contracts for future delivery advanced give below the totals at leading ports for six seasons.
early in the week, but increased offerings and an effort to re­
1892. |
1 8 90.
1889.
1888.
alize profits subsequently made a turn in buyers’ favor. Ai Receipts at— 1893.
the close, however, the feeling is rather firmer again, but Galves’n,&o. 69,4 0 2 56,0 4 9 65,171 6 3 ,5 7 4 54.6 7 8 37,0 5 9
trading dull. The following are the final asking prices :
New Orleans 113.851
7 4 .7 5 2
72.3i5| 105.270 103.712 100,645
H
00
o
H*

1 8 93.

O c t . . . . .............. 17'65o. I J an ........................ 16-550. 1 A p r...... ............. 16-10e
N ov...................... 17-10.:. Feb........................16-40o. M ay..... ...............15'95o.
D e o . . . . . . . . . . . . 1 6 ‘80c. 1 M ch.......................1 6 3 0 c . | Sept.....................15*55c.

M obile.........
Savannah...
Char’ton,&c.
Wilm’ ton,&c
N orfolk........
W. Point,&o.
ATI o th e rs...

13,439
5 8 ,8 1 7
22,7 0 8
14,359
32.6 3 7
15,516
12,809

9 ,459
59,2541
27,965]
11,638
16,069
13,579
19.112!

15,131
56,3 4 0
3 0 ,8 3 0
9.417
28,7 5 3
20,323
18.669

13.218
5 4,860
20,5 1 9
11.378
2 9 ,7 7 7
19,885
26,2 6 5

14,924
49,718
18,384
6 ,297
2 0 ,3 7 4
20,0 6 8
22,6 2 7

7 ,1 8 8
4 5 ,0 6 4
2 i,6 3 S
12,8 7 9
3 5 ,5 2 4
3 0 ,4 6 3
1 4 ,9 1 4

Raw sugars were quiet for want of supplies and somewhat
nominal, although parcels to arrive were held at former fig­
ures. Centrifugal quoted at 4c. for 96-deg. test, and musco­
vado 334c. for 89 deg. test. Refined sugars dull, with an in­
clination toward an easier tone; granulated quoted 5%c.
Teas in fair demand, and trading has commenced in new Tot. tliis w k. 358.238 290,4.70 350,489| 3 43.188 303.215|* 2 7 9 ,5 3 6
crop domestic molasses at 40®4oc.
Since Sept. 1 1475.23SI 1 4 1 8 ,1 2 3 2 1 4 3 ,3 s2|209/.467|192o,076 1 5 57,649
Kentucky tobacco has continued to meet with a limited de­
The exports for the week ending this evening reach a total
mand, mainly from exporters, and prices were firm. Sales
were 275 hhds. Seed leaf tobacco has been in increased de­ of 208,340 bales, of which 93.817 were to Great Britain, 26,137
mand and steady. Sales for the week were 1,535 cases, in­ to France and 88,356 to the rest of the Continent. Below are
cluding 300 cases 1892 crop, New England Havana, 19@60c.; the exports for the week and since September 1, 1893.
150 cases 1892 crop, New England seed, 21® 24c.; 350 cases
Week Ending Oct. 27.
From Sepr. 1. 189 i, to Oct. 2 7 ,1893.
1892 crop, Pennsylvania Havana, ll%@13c.; 350 cases 1892
Exported to—________ ___
Ecoorte-1 t o crop, Wisconsin Havana, 6@12}®;.; *150 cases 1892 crop,
Great
Conti­ Total
Great
Conti­
from—
Total.
State Havana, 12@18c, &c. J
BriVn. France nent. Week. Britain. France nent.
The speculation in the market for Straits tin has continued Galveston....... 14,721 0,307 10,484 31,512 84,787 28,736 23,386 141,909
slow and prices have further declined, closing quiet at 2 0 ‘ 6 l)c. Velasco, &c....
1,108 1,108
5,155
5,455
bid. Sales for the week were about 50 tons. Ingot copper New Orleans.. 34,282 5,e87 10,487 66,450 98,576 49,413 51,756 199,745
has been dull, but steady, ’ closing at §9 60 for Lake. Lead Mobile & Pen.
...........
lias advanced, but the close was quiet at 3'55c. for domestic. Savannah ...... 7,157 7,208 25,035 40,000 14,947 12,571 92,089 119,007
Pig iron is without change, and steady at §12 75@15 50.
Brunswick......
8,598
8,598
3,380
8,598
11,978
Refined petroleum is unchanged at o-loc. in bbls. 2 60 c. in Charleston — 6,088 0,475 12,217 25,380 21,571 6,475 28,390 50,43ft
....
8,825
5,050 5,050
21,002
30,427
bulk and 5 90c. in cases; crude in bbls. is firm and higher, Wilmington...
4,073
S50
350 2,913 5,388
2,913
7,330
Washington closing at 5-60c. in bbls. and 3'10c. in bulk; Norfolk........... 2,125
........
West
Point....
naphtha 5%c. Crude certificates have been advanced and
........
561
958
958
News, &c
501 ........
the close was steady at 72J^c. bid. Spirits turpentine has fur­ N’p’t
59,902 3,353
38,620 101,875
New York....
10,91-4
50 7,012 17,970
ther advanced on stronger Southern advices, but the close
6,080
26,028
1.500
27,528
000
5.480
was easy, with part of the improvement lost at 30)£®31c. Baltimore....... 3,127
20,083
13,781 2,033
41,897
0,509 9,096
Rosin has been firm but quiet at SI 17J4@81 20 for common Philadelp’a,&c
415
421
194
2,911
3,365
221
and good sirained. Wool is unsettled, though there has been
Total............ 93,847 20,187 88,356 208,340 319 990 102,931 295,596 748,618
some speculative demand, owing to the low prices. Hops are
1 "* 4 7 nun “ •PS'l«7 *»~n
1-0
AO
7t«
f
dull and easy.
___ ,

THE CHRONICLE.

O c t o b er 28, 1893.]

l a add ition to a b ove expart?, o u r telegram s to-n ig h t a ls o
g iv e us the fo llo w in g a m o u it i o f cotton on shipboard, n o t
clea red , at the ports m in e d .
W e a d d sim ilar figures f o r
N e w Y ork , w hich a re prepared fo r ou r special use b y Messrs.
L am bert & B arrow s, i t B ea ver Street.
I

tfs sun-no .tan,

Great
Other
M Hktln, France Foreign

64 ,s m
71,776
a a .cjo
2 0 , UO
3.01X1
38.731
16.000
60.00

ISO 316
79.143
&8.4&S
52,24 0
20.132
19.0 0
U S 26.5
25.337

18.2t7 209,205

578.971

Total 1892... im & m 55,24 4 91,172 12,509 807,730
Total 1391... 158.3! 7 29,201 37,978 24.615 300.374

.628.7*4
809.1519

»

4.80
5.4:; t
3,600
1.30 i
None.
7. toe
None.
None.

N o r f o l k ...............

New York........
Other p o r t __

28,333 22,251
4S,790
2 ,8 - 0
8 00

l c , 033
14.72s
12.000

None.
3.300
None. None.
None.
S.b u
55i» 11 .*50
None. 30,0 JO

13.390
3,040
21.330
3,(1 >0
s w

Total 1393... 550,45* 31,621 9i.912

l-STr

s a l.

U PLAN D S.

i t o n 'T n e . W e d

e i,.
0
S t r i c t O r d in a r y .................................
i* | 6N
G * o d O r d in a r y ________ ________ _ T V ,
7i»
S t r i c t G o o d O r d in a r y ..................‘ 7 %
L o w M l d d l l o e ........................ ...........
h
s t r i c t L o w M i d d t a g . ....................
S it

j
:

MMitiia.* ........... . ............ .............. ! * 3 ,.
G o o d M i d d l t n * ................................
S t r i c t G o o d M i d d l i n g ............
M id d li n g F a i r ....................................
F a ir
............. .......................1

sa«
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Low Middling.............

Good MhMIlnc... . . . . .
Strict Good Middling,

9V
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M id d lin g F a i r . . . ...........
F a ir .................... ..........

N a i.

G o o d O r d i n a r y .......... .....................
S t r i c t G o o d O r d i n a r y ..................

a * ..

M id d iln -x ...............................................* 8 16

gs

71*

_ Total

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fit ,,
<D*
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Sate# o f
Future.#.

Steady at % dee.............
Quint a t '- , d»o
Qutet 4- »te«ly.
Q .d e ta ti,, dec
ImSi at >s dec
....
Easy...............................

102
e-i
2 '2
672
97
1,228

....
....
.. . .
.. . .
....
...

102
64
212
872
07
1.226

......................................

2,373

.„ .!

2.373 1.0“ 4.0*Hi

135,600
2! 4.000
202.000
189,500
170.200
186.KX

T h e S a l e s a ,s o P r ic e s o r F u tu res are sh ow n ny the
fo llo w in g com preh en sive table.

%

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1 1i

Total.

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9AI.M i»V WOT AM. <fiXIRw r.

fa t'd a y .
Monday
Tnesday
Wed'day
Thur'.l y
Friday..

8 S -4
f
1x c x
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w-

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M A R K E T AND SA LE S.

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The total sales o f cottou o a the spot and fo r fu tu re d eliv ery
each da y during the w eek are indicated in th e fo llo w in g
statem ent. F o r the con ven ien ce o f the reader w e also add
a colu m n w h ich sh ow s at a g la n ce h o w the m arket closed on
sam e days.

j

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S t r i c t L o w M i d d U a v .. .
M id d lltn c

X

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6% {
e%

S t r i c t G o o d O r d in a r y .

M
r

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I 8%

fflfon'Tne*!

Ill*

I 'r l .

i

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Strict Ordinary . . . . . . .
Good Ordinary.......

S T A IN E D .

7*1«

m i ,.

O r d in a r y -----------------------

T !» ,

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1 6*a ■

O rd inary....... .................................

1 ;

?S g = 3
§ • 5 flt
= 2St. %
S |
~ I ®o?*
S3

i =i

-October 31 to October 27.

gill

i s !m

i
~ 1 wS*

Speculation in cotton fo r future delivery at this m arket has
fallen o ff sligh tly d u rin g the w eek, and' values w ere easier.
The bullish sentim ent w a s at tim es stim ulated by supposed © ’ T®
prom ises o f an early passage o f the stiver repeal bill, but the SS S ®
potential in flu en ce o f a v e ry liberal cro p m ov em en t m eeting a g , §
som ew h a t indifferent d em a n d at hom e and abroad served to
th ro w th e a dva n ta ge in buyers’ fa v o r. Saturday's m arket
op en ed w ith tam e a ccou n ls fro m abroad and in form a tion
at h an d forecastin g a h eavy supply fo r the co m in g w eek,
u n d e r w h ich tin r.- w as a d eclin e o f a bout ! sc, A fu rth er d e ­
c lin e o f 1Ota 20 points to o k place on M on day, the official rec­ § ° g
ord s o f cro p m ovem en t rather over-ru n n in g estim ates and in ­
d u cin g holders o f lo n g engagem ents to sell o u t w ith m uch
fre e d o m , con tin u ed disappoin tm ent in ten or o f r-ports
from L iv erp ool and M anchester a d d in g to th e h eavy feeling.
The m arket, h ow ev er, w as oversold , and on Tuesday when
indications o f an early passage o f the silv er repeal bill were
th ou gh t prom isin g the “ shorts'1 b ecam e alarm ed and in their
baste to co v e r gave a net a d va n ce fo r the d a y o f 17 points.
D uring W ednesday the lin e o f value was reduced again b y 8
poin ts net, and yesterday it lost 14 poin ts m ore In con seq u en ce
o f v ery liberal figure* o f port receipt* and a m arked in d iffer­ Si s
e n ce a m o n g buyers o f both sp ecu la tiv e con tra cts and parcels
fo r con su m ption . T o-d a y the o p en in g was easier, but w ith
so m e disappointm ent in m ov em en t reported at in terior tow n s
and m ore attention fr o m dom estic spinners, there w as an ® T t;
a d va n ce and strong.- r fe elin g at the close. C otton on the spot « ~ -i
g
g
sold m od erately, clo sin g at 8 3-18 c. fo r m id d lin g u plands.
Tfie total sales fo r fo rw a rd deli very for the week are l .VSW.OO >
bales, F or im m ediate de liv ery the total sales fo o t up this w eek
2,373 bales, in c lu d in g ------- fo r ex p ort, 3,373 fo r con su m p tion ,
8 ȣ
------ fo r speculation a n d --------on con tra ct. The fo llo w in g are
the official quotation* fo r ea ch d a y o f the past w eek—

g a l
f p i

fg
Mock.

ill fill

- a

g ill

5I

sot cleared —for

tUtmi- . Total.
wi#?.

New Orleans...
Galveston........
Savannah-----Charteston......
Mobile_______

<S
=T o - * i
©
gS E S S f
■l - f | ?

725

>
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S1
1 a: :
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i a1 ii

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O **

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I^

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11 I
i SI

i i;

The fo llo w in g exch a n ges h ave been m ade d u rin g the w eek ;
■Ofl pii. to fiXfih. 100 At»r. tor May. T O p d . t o e x c h . 1 .0 0 0 .fa n . f o r M a y •32 pd. to flxch. 500 Nov. tor Mull.

•33 pd. to ox eh. 4,500 Nov. for Mi-Si,
T 5 pd. M o r o h . 1 .1 0 0 J n n . f o r M oh
•M p d . t o e x o h . 3 0 0 .to n . f o r M o h .
0 0 pit. t o excll. 1 0 0 M a y f o r J u n o .
■2n p d . to e x i ’-h. 6 0 0 J a n . f o r M a y .
•08 pd. t o e x o h . 1 0 0 N o r . f o r D e c
* ! 2 p it t o e x c h . 4 0 0 O o f. f o r J a n .
T O p d . t o e x u lt. 5 0 0 O c t . f o r J a n
•2i p d . t o e t c h . 5 0 0 M rli. f o r J ’ n e .
E v e n 2 0 0 O ct. fo r S » r .

31 pd. to etch. 100 Oct, for Moh.
■17 pd, to exch. 2 0 0 Nov. for Jan.

3 5 p d . t o n x o it, 8 0 0 J a n . fu r J u n e .
1 8 p d t o e x c h . 7-10 Any, f o r J a n .
15 p d . t o e x c h . 1 ,5 0 1 J a r ,, f o r M o h .
•07 p d . t o e x c h 2 0 0 U j y f o r T u n e .
•08 p d , t o o x o h . 5 0 0 J a n . f o r F c l» .
•08 p d . t o e x c h . 1 0 0 N o v . f o r D e e .
•OS Pd i o « x e o t o o D o e . f o r J a n .
•31 p d . t o e x c h . 5 0 0 J o n . f o r M a y .
•15 p d . t o e x c h . 2 0 0 N o v . f o r J a n .
15 p d t o e x c h . 1 0 0 O c t . f o r Tan.
•18 p d . t o o x e n . 1 0 0 J a n t o r M o b ­
'S 1 p d . t o e x c h , 1 .0 0 0 N o v . f o r M o h .

T he V isible S u p p l y o f C otton to-n ight, as m id e u p b y oabl a
and telegraph is at follow s. The O ontinaatal a toa is, n well a s
those fo r G reat Britain and the afl n t are this w eek's retu rn s,
and con sequ ently all the E urop3in figares are brou ght d o .v a
to Thursday evening. B u t to m ake the totals the co m p le te

726

THE CHRONICLE.

figures for to-night (Oct. 27), we add the iter' of exports from
the United States, including in it the exports oi Friday onlv.

Q u o t a t io n s

1893.
1892.
1890
1891.
7 6 9 .0 0 0 :L.007.000
646 ,0 0 0 539 000
30,0 0 0
9 .000
11.000
8 .000
569 ,0 0 0
7 7 8 ,0 0 0 ;1 ,015,000 657 ,0 0 0
10.000
2 ,400
5 .100
2 ,700
91.0 0 0
50.0 0 0
53,0 0 0
58,000
14,000
16,0 0 0
17,000
3 ,000
200
300
200
200
8,000
5 .0 0 0
6 .000
3 ,000
299 ,0 0 0
307 ,0 0 0
153.000
113,000
5 ,000
Stock at M arseilles....................
9 .000
10.000
3 .000
Stock at Barcelona.....................
40,0 0 0
3 9 .0 0 0
32 000
18.000
Stock at Genoa.............................
9 ,000
13,000
5 ,000
5 .000
Stock at T rieste..........................
23,0 0 0
26.0 0 0
26,0 0 0
5.000
499 .2 0 0
Total Continental stocks..
305.000
4 7 0 .3 0 0
210 .6 0 0
Total European stock s___ 1 ,2 7 7 .2 0 0 L, 48o, 300
9 6 2 .0 0 0
7 7 9 ,r0 0
India cotton afloat for Europe.
32,0 0 0
41,0 0 0
29.0 0 0
33.0 0 0
Am er. cott’u afloat for Europe. 4 9 5 ,0 0 0
455 ,0 0 0
6 3 2 ,0 0 0 691 ,0 0 0
33,000
Egypt, Brazil ,&c.
or E’ r'pe
4 2 ,0 0 0
55,000
55.0 0 0
Stock in United States ports ..
878,176 93 6 ,4 8 4 1 ,1 10,023
613.023
Stock in U. S. interior tow ns..
276.982
283 ,7 7 4
335 .3 4 7
244 .7 0 6
United States exports to-day.
44,2 0 7
43,5 6 9
40,4 8 3
43.0 5 7
Total visible supply........... 3,0 3 6 .5 8 5 3 ,2 9 z ,lz 7 3 ,1 6 7 .6 *3 2.3 6 6 .3 8 6
Of the above, the totals of American ami other descriptions are as follows:
American—
Liverpool stock...............bales. 599 ,0 0 0
851 .0 0 0 48 6 ,0 0 0
27 1 .0 0 0
Continental stocks.....................
393 .0 0 0
3 2 2 .0 0 0
178 ,0 0 0
1 02.000
American afloat for Europe...
495 .0 0 0
4 5 5 .0 0 0 632,000
6 0 1 .0 0 0
United States stock.....................
878 .1 7 6
936,-184 1,1 1 0 ,0 2 3
6 13.023
United States interior stocks.. 276 ,9 8 2
2 8 8 ,7 7 4 335 ,3 4 7
2 44.706
United States exports to-day.
44.2 0 7
4 3 ,5 6 9
40.4 6 3
43,057
Total American..................... 2 ,6 3 6 ,3 6 5 2 ,8 9 6 ,8 2 7 2,7 8 1 ,8 3 3 1,874,786
East Indian, Brazil, dc. Liverpool stock.............................
170 ,0 0 0 1 5 6 ,0 0 0
160 ,0 0 0 26 8 .0 0 0
London sto c k .................................
9 ,0 0 0
8 .0 0 0
11,0 0 0
30.000
1 06.200
14 8 ,3 0 0
12 7 ,0 0 0 1 08,600
Continental stocks.......................
India afloat for Europe..............
3 2 ,0 0 0
4 1 ,0 0 0
3 3 ,0 0 0
29,000
Egypt, Brazil, &c., afloat..........
3 3 ,0 0 0
4 2 .0 0 0
5 5 .0 0 0
5 5 .0 0 0
Total East India, & c............
3 5 0 ,2 0 0 3 9 5 .3 0 0 3 8 6 ,0 0 0 4 9 0 ,6 0 0
Total Am erican..................... 2.6 8 6 .3 6 5 2 ,8 9 6 .8 2 7 2 .7 8 1 .8 3 3 1.8 74.786
Total visible supply............ 3 ,0 3 6 .5 6 5 3 ,2 9 2 .1 2 7 3 ,1 6 7 ,8 3 3 2 ,3 6 5 386
Price Mid. Upl., Liverpool........
4*ad.
4\ftd.
4^d.
5 9i6d.
Price Mid. U pl., New Y ork ___
8316c.
S^c.
gsse
9i5lfi(.

Stock at Liverpool......... bales.
Stock at London..........................
Total Great Britain stock.
Stock at Hamburg......................
Stock at Brem en.'.......................
Stock at A m sterdam .................
Stock at Rotterdam....................
Stock at Antw erp........................

The imports into Continental ports the past week have
been 52,000 bales.
The above figures indicate a decrease in the cotton in sight
to-night of 255,562 bales as compared with the same date
of 1892, a decrease of 131,268 bales as compared with the
corresponding date of 1891 and an increase of 671,179 bales
as compared with 1890.
A t t h e I n t e r i o r T o w n s the movement— that is the receipts
for the week, and since September 1, the shipments for the
week and the stocks to-night, and the same items for the
corresponding period of 1892—is set out in detail in the
following statement.

[VoL. LVII,

for

M id d l in g C o t t o n

s

e-

Satur.

G alveston ...
New Orleans
Mobile...........
Savannah . . .
Charleston..
Wilmington.
Norfolk.........
B oston .........
Baltim ore...
Philadelphia
A u g u s t a ....
Memphis___
8t. L ouis. . . .
H o u ston ___
Cincinnati..
L ouisville.. .

8
71516
7 |S16
7=8
8?? 8Gfl
84i
7*510
8916
8%
8 7S
7 la16
8
8
8
H*4
S318

Mon.

n

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3
525

a jg
Q»
s o **

2 ; ; ; ; ; ;

E£ 2
2 B

............. § “6
£
r

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►
co

■

S
>■

to

A tla n ta.............
Columbus, Ga.
Columbus, Miss
Eulaula.............

7 7i8
73s

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H*

to

05 W J 0»H 1 0H M H C 0< 1

- tP* © 00 CO© to © ©to aAcI- © coIp-V Ip- toC
o7sjOD*&
.VvJKOltJ ©
Gococo©i4*^3^cr:'©u'tooc'©©iP-© aao* co-4 o<*-■to goO' © © u- © -q
‘^O't0O1-4O©©C0MC0lP*-CCtP*-©t0i^©jP-C0©t0©©©'4©©00©©
HUM
K
Jp-JO CO
‘f ’P'Pf* <1f* »p- cn©j-J co
I © ©©co bo to ooco
^ © blip-co coboio oo© © col-' b» tolo m looo©
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-•© r-® ’-©CCO«©Oi©00—tt-CO©Oi©>-CO©CO'‘Orf-CtOtoOi
1 COGOit- tO-J Q COc © x to © to to 00 © to cnCO©. Q>CC-0 COto -q © p. Q|©
* Louisville figures “ n e t” in botli years,
i Last year’s figures are lor Sherman, Texas.
I

o
2. 22

8=8
75g
7 n ,e
7%
711,8
8%
7 78

738

739
73g
7%
7%

W eek
E n d in g —

from

R e c e ip ts a t th e P o r t s .

1891. | 1899. | 1893.

S ept. 2 2 . . . .
“
29 . .

216,386! 120,323 95,819
250,966 140,993 161,438
O ct.
0 ........ 299,364 191,120 223,456
“
1 3 . . . 375,820 259,128 264.598
“
2 0 ........ 380,121 270.733l286.769
“
2 7 ........ 350.469 290.470 358.236

S f k a t I n te r i o r T o w n s. R e c ’p ts f r o m P la n t'n s ,

1891. | 1892.

1893.

1891.

96,756 239,437
123.43S 265,001
156,962 348,251
188,723 442,814
227,101 432,857
335,317 288.774 276.98 2 S74.973
1* 8 ,2 111 142.500
142,246 163,885
191,133 156.233
258,127 225,670
310,863 259,990

1892.

1893.

127,871
162,378
213.468
298,765
301,853
319,254

107,734
193.120
251,980
246,359
325,167
408,119

The above statement shows: 1.—That the total receipts from
the plantations since Sept. 1 in 1893 are 1.6715,055 bales; in
1892 were 1,578,563 bales; in 1891 were 2,122,800 bale3.
2.—That although the receipts at the outports the past week
were 353,233 bales, the actual movement from plantations was
only 408,119 bales, the balance going to increase the stocks at
the interior towns. Last year the receipts from the plantations
for the week were 319,254 biles and for 1891 they were
374,973 hales.
for

the

W

e e k a n d s in c e

Week.

S e p t . 1 .—

1892.

Since
Sept. 1.

Week.

Since
Sept. 1

14,720
9,158
50
529
2,362
3,*231
2,015

49,068
24,896
980
866
7.843
31,652
12.140

11,223
7,346
7,486
260
6,133
5 ,090
3,298

48.721
23,783
3 1 ,3 0 8
550
18,0 4 3
9.356
18,401

Total gross overland.................
Deduct shipments—
Overlana to N. Y ., Boston, & c ..
Between interior t o w n s .............
Inland, & o.,from S o u th .............

32,063

107,450

40,891

.1 5 0 ,1 6 2

2,892
738
1,905

15,939
1,791
10,224

7 ,186
849
1,903

1 6 ,8 2 4
2,317
1 0 ,4 2 2

Total to he d e d u c te d ..............

5,535

Leaving total net overland*.. 26,528
* Including movement by rail to Canada.

-a co c co co »-•a b > ^ ^ i c ^ l o « tvM a A i i^bi w c cT© ao © w Ip- o^m to

7%
7%j
7^
73s
7=8
7%
734

the
P l a n t a t i o n s . — The following table
indicates the actual movement each week from the plantations.
The figures do not include overland receipts nor Southern
consumption; they are simply a statement of the weekly
movement from the plantations of that part of the crop which
finally reaches the market through the outports.

R e c e ip t s

Sh.ppea—
Via St. Lords....................................
Via Cairo...........................................
Pia Hannibal...................................
Via Evansville................................
Via Louisville..................................
Via Cincinnati.................................
Via other routes, & e.....................

I

Fri.

7=8 Newberry..........
7%!
R aleigh.............
Selma..................
7=8
7 7ie Shreveport........

Little R ock___
M ontgom ery...
N ashville..........
N atcliez............

§

COCOOC^tOtC H* COO'

Thurs.

The closing quotations to-day (Friday) at other important
Southern markets were as follows.

October 27.

CCOr-OOtv“QCCr--vJ©o;tOtOCD(-COCCOC»»-OOC:tO>^(b^CCDC),-^C5

oo

Wednes.

1 8 93.

CDWCO to
►
-* (PtOUtOtOtOMOi ^ C C H*o>tc05C O <] M
tOCOlCCC5C5tCQDCOOO<Jf—^ O' ©<J 00O’ tolu CUC© W h fc9COOtOOi 10
►-CTh-OOC^dlUOSCOCC-COCOO'CKJtOMfcOCD^Icb fc0^JO<lCCa&oP'<|
1CO'©000'|J-0'h-4©W©|-*Ct'(fc.CiC© © £ -,—CC|-4<luo©©CO|fn -M to

lues.

713,8
7%
7 78
7%
71.J8
73i
7%
7%
78s
79) q
79,6
78s
78i
7^
7 ',e
8
711,8®%
711,8 7^8 rj i Ijf
Sis
8%
7%
7%
734
7%
7%
734
83s
8*8
B 716
8%
8%
8H
8%
8%
8%
8%
7 3 8 d H ]6
7^8
7 5s ® 11ie
7 "i6
7%
7%
7%
7 78
8
734
713,8
7 78
7%
8
7%
713,8
8^
81s
b*8
8>s
8
8
8
8

We give below a statement showing the overland movement
for the week and since September 1. As the letums reach us
by telegraph late Friday night it is impossible to enter so
largely into detail as in our regular monthly report, but all
the principal matters of interest are given. This weekly
publication is of course supplementary to the more extended
monthly statements. The results for the week ending Oct. 27
and since Sept. 1 in the last two years are as follows:

o
h

Other M ar k ets.—

CLOSING QUOTATIONS FO R M IDDLING COTTON ON—

IFcc/.- ending
October 27.

Ov e r l a n d M o v e m e n t
g
c-b b c t b n c 2
p.
& 5*5-^ s s r g s r g S * " § B * o B

at

Below we give closing quotations of middling cotton at South­
ern and other principal cotton markets for e rch day of the week.

27,954

9,943

29,563

79,4 9 6

30,918

120 ,5 9 9

Theforegoing shows that the week’s net overland movement
this year has been 23,528 bales, against 30,948 bales for the
week in 1892, and that for the season to date the aggregate net
overland exhibits a decrease from a year ago of 41,103 bales.
1893.
I n Sight and Spinnert’
Takings.

Week.

Since
Sept. 1.

1892
Week.

Sinct
Sept. 1.

Receipts at ports to Oct. 2 7 ......... 358,233 1,475,239 290,470 1,4 1 8 ,4 2 3
120,599
79,496 30.948
Net overland to Oct. 2 7 ................... 26,528
116 ,0 0 0
128,000 16,000
Southern consumption to OoL 27. 17,000
Total m arketed....................... . 401,766 1,632.735 337,418 1,6 5 5 ,0 2 2
200,816 28,784
160,140
Interior stocks in excess................ 49,881
366,202
Came into sight during week. 451,647
1 ,815,162
1,383.551
Total in sight Oct. 27...............
.........

The above totals show that the interior stocks have increased
169.753
.........
271,054
during the week 49,831 bales and are to-night 11,793 bales. North’ n spinners ta k ’gs to Oct.27
less than at the same period last year. The receipts at all the
It will be seen by the above that there has come into sight
towns have been 23,172 bales more than the same week last during the week 451,647 bales, against 366,202 bales for ti e
year and since September 1 they are 26,450 bales less than same week of 1892, and that the decrease in amount in sight
for the same time in 1892.
to-night as compared with last year is 68,339 bales.

THE CHROMCLE1

thermometer fia- averaged 65. ranging from 40 to 90.
F o rt W urth, Texm.—There has been no rain all the week.

727

Oct, 26, ’93. Oct. 27, ’92.
Feet.
F eet.
New O rleans...
3*4
2*8
45
M em phis...........
1*9
Nashville.............
1*5
0*1
S h rev e p o rt........
0*2
2*6
1*4
Vicksburg...........
0*7
i s u a C o tto n M o v e m e n t f r o m a l l P o r t s .— The receipts

and s upments of cotton at Bombay have been as follow** for
the week and year, bringing the figures down to October 36.

BOMBAY RECEIPTS AND SHIPMENTS VOS FOUR YEARS,
S hip m en ts s in c e Sept. 1.

G reat
g r ea t C onti­
B r il’ n. n en t. Total. B rita in

1893 2,000
1892
1891
1890

ill!

fear

Shipm ents th is week.

i

WEAXHF.it R epoxts by T elegraph . —Our telegraphic ad­
vices this evening from the South denote that the weather
conditions have been very satisfactory for out-door work dur"
ing the week and that the gathering o f the crop has made
excellent headway. Rain has been the exception, and where
it has fallen the precipitation has, as a rule, been light. Cot­
ton is being quite freely marketed.
G alveston. T exas .—Dry weather has prevailed all the week.
The thermometer has averaged 73, the highest being 80 and
the lowest 82.
P alestin e, T exas .—W e have had one light shower the past
week, the rainfall reaching six hundredths of an inch. The
thermometer has averaged 70, ranging from 50 to 90.
Huntsville, Team#.—There baa been no rain during the week*
The thermometer has ranged from .50 to 90, averaging 70.
Dallas, T exas .—There has been one light shower the past
week, the rainfall being rune hundredths of an inch. Aver­
age thermometer 70, highest 93 and lowest 48.
S an A n to n io , T exa s .—Dry weather all the week. The ther­
mometer has averaged 71, the highest being 92 and the low­
est 50,
L u tin g. T exas .—There has been no rain during the week.
The thermometer has averaged 68, ranging from 48 to 68.
Colum bia, T exas .—The weather ha-* been dry all the week.
The thermometer has ranged from 48 to 86, averaging 67.
C'uero. T exas .—No rain all the week. Average thermometer
72, highest 90 lowest 54.
B renham , T exas .—Dry weather has prevailed alt the week.
The thermometer lias averaged 71, the highest being 93 and
the lo« eat 50,
B elton, T exas .—The drought is becoming terrible. The

•

O ctober 38, 1893.)

10,000
2.000
1,000

4.000
2.000
2,000
3,000

C on ti­
nen t.

R eceipts.

36.000
29.000
27.000
12.000

Since
Sept.

This
W eek.

T otal.

40.000
31.<>00
29.000
15.000

1.
62.000
23.000
63.000
12.000

5.000
3.000
6.000
8,000

According to the foregoing Bombay appears to show
an increase compared with last year in the week’s receipts of
3,006 bales and an increase in shipments of 8,000 bales, and
the shipments since Sept, 1 show an in crease of 9,000 bales.
The movement at Calcutta, Madras, and other India ports for
the last reported week and since the 1st of September, for two
years, has been as follows, “ Other ports’ ’ cover Ceylon,
Tuticorin. Kurrachee and Coconada.
S hipm en ts t o r the w eek.
O reat
Brit&m .

C*loatt»—
1393.........
1892.........
M*dra»—
1393.........
5892.........
All o thers1893.........
1892.........
r »tai»u18 9 3 ......
1893.........

Conti­

Total.

n en t.

1.000
1,000

...__

2.000

2.000
1,100

......

3,000

1.000

3,000

2,000
1.000
6,000
8,000
10,000
7,000

2,000
l.ooo

3.000
3,000

5,000
4,000

IS, 000
16,000

1,000

1.

Shipm ents sin ce Sept,
Great
B rita in .

1,000

2.000

C ontinent.

1

Total.

1.000
1,000
5.000
3,000
11,000
13,000

3,000
2,000
11,000
11,000
21,000
20,000

17,000

35,000

17,000 33,000
Tin- thermometer ha** ranged from 46 to 89, averaging 68,
Weatherford, Texas.—W e have bad no rain the past week.
The above totals for the week show that the movement from
Average thermometer 85, high* at 86 and lowest 44.
the ports other than Bombay is 1,000 bales more than the same
-Y«r Orleans, Louisiana.— No rain all the week. The ther­ week last year. For the whole of India, therefore, the total
mometer has averaged 69.
thipmenta since September t, 1898, and for the corresponding
Shreveport, Louisiana.-—W e have had one shower the past j period# of the two previous years, are as follows:
week, the rainfall reaching seven hundredth-* o f an inch. The
EXPORTS TO Buttons FROM 1 U INDIA.
thermometer hn- averaged 68, ranging from 46 to *9.
Columbus, Mississippi.—W e have bad no rain during the
1892.
1891.
1893
Shipm ent*
week. Average thermometer 86, highest 80, and lowest 63,
to
a lt E urope
S ince
This j S ines i This 1 S in ce
T his
Lelnnd, Mi/urimippi.—Dry weather has prevailed ail the
from w eek.
Sept. 1.
w eek. [ Sept. 1.
w eek . | S c.pt.1.
L ittle Ito ek , Arkansas.—-'Telegram not received,
1,000 20,000
week. The thermometer has averaged 05 l, tee highest being iom bay........... 10,006 10,000 2,0'Mj! 31.000
U l ether p o m . 5,000 3-5.000 4,000; 33.000 2,000 39,000
88 and the lowest
Helena, A rkansas. —The weather has been excellent for
’‘rttafcl,. ... . 15,060 73.000 6.000! 6 4,000 3.000 es.oou
gathering the crop. Ram has fallen lightly on one day o f the
A
lexandria Receipts and S hipments.—'Through arrangeweek, to the extent of sixteen hundredth# o f an inch. A ver­
jants we have made with Messrs, Davies, Benachi & Co,, of
age thermometer 81, highest 80 and lowest 43.
Memphis, Tennessee.— The we if her hs# been dry all the 1 .iverpool and Alexandria, we now receive a weekly cable of
week except a light shower on Thursday, the rainfall reaching he movements of cotton at Alexandria, Egypt. The following
eight hundredths o f an inch. Crop gathering continues to tre the receipts and shipments for the past week and for the
make good progress. The thermometer lisa averaged 68*3, -onvsDondin.- week o f the previous two veers.
the highest being 83 and the lowest 45*8.
Nashville, Tennessee. —Telegram not received.
M obile, A labam a .—'The weathtr has been fine for picking
and marketing.

No rain. The thermometer has ranged from

49 to 83, averaging 8*5.

Alexandria,

Kpgpt,

25
- d p t * leantaw*)___
This week___
Blnee Sept. 1.
October

M ontgom ery, A labam a, — Picking boa not been interrupted

1893.
190.000
441.000
This

1891

1892.

S m ce

210,000
320,000 !
1,238,000 : 1.0J9.000
T his
Since This Since
w e e k . j Sept. 1. j w eek. Sept. 1.
r
13,000 62,000 3 7,000 68.000
6,000 28.000 7,000 19.000
119,000 90.000 24,000 87,000

w eek . Sept. 1.
and the crop is being marketed freely. W e have had no rain
during the past week. Average thermometer 66, highest 79
8
xpott#
|b»l0*i—
and lowest 52.
(0 Liverpool. . . . . . . . 7.000 24,000
Selma, Alabama.—There ha- * ->»» no rain all the week.
to C ontinent______ 7.000 26,000
The thermometer has average*'
'
being 80 aud
Tola: E urope......... 11,000 50.00
the lowest 40.
statement shows that the receipts for the week ending
MttfHmm, Florida. —RickingIs probably three-qu arto « . . .
There has been no rain the past week. The thermometer here ! Oct. c.,
j&ntara and the shipments to all Europe
has averaged 69, ranging from 45 to 87.
14,000 bales.
Colum bus, G eorgia .— Dry weather has prevailed all the
Manchester Ma r k et .—Our report received by cable to-night
week. The thermometer has ranged from 51 to 73, averag­
: from Manchester states that tin* market is quiet for both yarns
ing 65,
Savannah, Georgia,—- W e have had rain on tw o day** of the j and sheetings, in c.-mscquen- * o f news from America. W e
w ees, thu precipitation being fourteen hundredths of an inch. give tin* prices for to-day below and leave those for previous
j weeks o f this and last year for comparison:
Average thermometer 69, highest 83, lowest *57,
Augusta. Georgia.—Cotton is com ing in freely, but all ac­
189a.
i
"
1893.
counts point to n short cron. There has been a light sprinkle
Oott'n
8*4 lbs. OMott’H
on tme day during the week, The thermometer has averaged
82*
Oop.
32« C op.
SH tbs.
id.
M id.
S hirtin gs,
Twist,
S hirtin gs.
Twist.
V ptd ,
apus
66. the highest being 83 and the lowest 49.
_ _ _

Charleston , South C arolina .—W e have had light rain on

three day* o f the week, to the extent of twelve hundredths of
an inch. The thermometer has averaged 69, and ranged from
6s to 80,
Stntelm rg, South C arolin a .—It has rained on two days of
the week, tbe precipitation reaching fifteen hundredths of an
inch, The thermometer has ranged from 56 to 76, averaging

(t.

■1 10
So. 22' 7»* it~,\
!>•/ j84s *57 n 111
29 7*8 »7%
n et 6 7 % - m n a to 07 7 j t-N, ifs ®7Mi_ 5 0
*• 1 * 7-.,- <2*7:t, 5 le v a ? 7*9 tn'|, ip* a 7 H 5 0

510 a? 7

101*97 7*2
I t s *7H 35 1013*87
7%

27 76

»7N

48)

*> s

«8
®6

m

ft8
7

*6 7

1 *6 8

*57»a 15 I V a 8

9

tf

js l

J ute Butts , B.vocnxa, & c .—The market for ju te bagging
ban been quiet during the past week, but quotations have con ­
week, the rainfall reaching two inches and seventeen hun­ tinued fairly steady. The close to-night is at 1i) c. for 1J£
dredths. Average thermometer 64, highest 74 and lowest 52.
The following statement we have 'l»o received by telegraph, lbs,, 5c. for 2 lbs, and V £c. for 2 '{ lbs. Jute butts have been
showing the height of the rivers at the points named at very quiet at l if e , for paper grades and 1 ,'@3c. for bagging
631.
W ilson , North C a rolin a .— It has rained on two days of the

% o'clock Octob* r 28, 1893, and October 37, 1892.

quality,

_~

a

W h e t h e r R e c o r d F o r S e p t e m b e r . - -Below we give the
thermoraeter and rainfall record for the month of September
and previous months of this year and the two preceding years.
The figures are from the records of the Signal Service Bureau,
except at points where they have no station, and at those
points they are from records kept by our own assents.

Therm om eter

July.

Ju n e.

August.

September.

1893. 1892. 1891. | 1893. 1892. 1891.|1893. 1S92, l8«L. 1893 1892. 1801

V IR G IN IA .
95*0 99*0 91*0
62*0 57*0 67*0
79*0 76*4 75*0

91*0 94*0 94*0
62*0 6 4*0 610
77*0 79*1 77*4

80*0 84*0 90*0
51*o 53‘f 59*0
71*0 71*0 73*0

97*0 93*f- 92*0
68*0 60*0 6 . *0
81*0 78*0 77*0

89*0 93*0 93*0
62*0 66*0 60*0
78*0 79*5 79 0

95*0 87*0 91*0
49*0 55*0 5l*o
75*0 72*6 74*0

94*0 97*0 93*0! 99*0 98*C 92*1'
58*0 50*0 55*0 59*0 520 5i*0|
74*5 76*0 75*1 ’ 79*1 76*2 74*4

04*0 9fl*u 94*0
55*0 61*0 56*0
77*0 78*1 76*5

90*0 86*0 90*0
41*0 44*0 49*0
69*9 63*6 71*6

90*0 83*0 91*7 l o v i 97*0 90*0
58*0 30*o 56*5 63*9 58*0 55*0
74*0 70*0 70*6 80*6 77*0 74*7

93*0 92*0 950
58*0 62*0 55*0
75*0 78*0 76*5

91*0 89*0 90*0
47*0 49*0 57*0
71*2 70*0 72*0

91*0 96*0
57*1' 52*0
74*2 70*0

93*0 94*0 93*0
61*0 6 r 0 56 0
76*0 78*7 76*0

92*0 87*0 89*0
44*ii 48*0 51*0
70*6 69*8 72*0

85*0 85*0 87*0
64*0 65*0 56*0
71*0 72*7 72*1

83*0 79*0 85*0
47*. 47*0 54*0
64*6 63*3 68*4

H ig h e s t ... 03*0 94*0 97*0
5y*o 58*0 56*0
IiO w est...
A v e r a g e ... 74*0 70*3 75*0
N .C A R ’L A .
W ilm ingtonH ig h e s t. ..
L o w e st—
A v e r a g e ...
W eldon —
H ig h e s t ...
L o w e s t ....
A v e r a g e ...
Charlotte—
H ig h e s t ...
L ow est—
A v e r a g e ...
Raleigh—
H ig h e s t ....
L o w e s t ....
A v e r a g e ...
M organtzn —
H ig h e s t ...
L o w e s t ....
A v e r a g e ...

00*0 92*0 95*0
60*0 0T0 0 J*0
7O0 70’ t 77*0

100*0 98*('
62*0 54*0
79*8 76*8

83*0 87*0 88*o
58*0 «1*0 57*0
08*4 68" 8 70*5

B .C A R O L ’A
Charleston —
H ig h e s t ... 94*0 94*0 95*0
L o w e st—
66*0 67*0 05*0
A v e r a g e ... 73*0 78*0 79*7
H igh est...
L o w e s t___
A v era ge..
Colum bia—
H ig h e s t .,..
L o w e s t___
A v era ge ..
Evergreen—
H ig h e st...,
L o w e s t ..
A v e ra g e ...
G E O R G IA .
A ugusta.—
H ig h e s t ...
L o w e s t ___
A v e ra g e ..
A tla n ta .—
H ig h e s t ...
L o w e st—
A v e r a g e ...
Savannah.—
H ig h e s t ..
L o w e s t ___
A v e r a g e ...
Colum bus —
H ig h e s t ...
L o w e st—
A v e r a g e ..
R om e.—
H ig h e s t ...
L o w e s t ....
A v e r a g e ...
Worsyth.—
H ig h e s t ...
L o w e s t ....
A v e r a g e ...
Jacksonville.
H ig h e s t ...
L o w e st—
A v e r a g e ...
Tam pa —
H ig h e s t ...
L ow est—
A v e r a g e ...
Titusville—
H ig h e st....
Low e s t . . .
A v era g e..
Tallahassee—
H ig h e st
L ow est. .

rvoL . l v i i ,

THE CHRONICLE.

728

88*0 90*o 83*0
64*0 56*0 59*0!
73*1 71*2 70*0

99*0 95*0 95*0
68*0 65*0 65*(>
83*0 80*0 79*7

02*0 94*0 9 V0
69*0 700 64*0
79*0 82*0 8 t*o

84*0 89*0 89*0
59*0 6;-i*0 64*0
78*0 75 \i 76*0

98*0 93*3 92*8
68*0 6u0 60*6
81*6 76*4 74*6

8 ”*0 91*7 87*7
65*0 67*7 58*7
76*2 77*8 75*3

90*0 85*2 85*5
53*0 52*0 61*0
73*8 71*0 72*0

95*0 97*8 97*0 102*0 101*0 97*0
02*0 63*5 50*0 65*0 53*6 58*<•
77*5 78*8 79*0 83*0 82*3 7 7 0

93*0 96*0 97*2
20*0 63*0 55*5
78*2 80*4 78*fc

94*0 92*3 92*0
53*0 58*2 5o*0
75*6 74*8 74*0

93*0 92*0
55*0 61*0
73*0 76*0

92*0 90*0 93*0
58*0 68*0 63*0
74*4 7 8 0 76*1

89*0 84*0 90*0
60*0 4**0 58*0
71*f* 68*5 71*2

89*0 93*9 95*3
02*e 63*5 02*3
75*7 76*0 77*0

100*0 93*0
62*0 66*0
80*9 77*0

93*0 95*0 98*0
50*0 65*0 65*0
77*1 78*2 S0*4

98*0 97*0 95*0
67*0 64*0 64*0
82*4 79*2 78*0

92*0 96*0 94*0
64*0 68*0 60*0
78*6 80*0 79*0

95*0 90*0 92*0
55*0 51*0 62*0
75*8 72*9 75*0

88*0 93*0 84*0
57*0 62*0 62*0
74*2 76 2 77‘8

93*0 94*0 90*0
66*0 59*0 53*0
8u*6 76*4 75*4

91*0 91*0 93*0
62*0 62*0 55*0
77*0 76*2 76*6

90*0 85*0 90*0
55*0 50*» 53*0
73*0 7 0 0 72*3

96*0 96*0 97*o! 100*0 97*0 94*0
63*0 65*0 6*5*0 09*0 65*0 64*0
79*1 76*0 80*0: 83 0 8o*0 79*5

92*0 96*0 95*0
67*0 70*0 65* (
79*0 81*0 80*3

97*0 90*0 89*0
59*0 59*0 64*0
76*0 75 0 75*8

93-0 97*0 94*0
06*0 69*0 65*0
81*0 82*0 82*0

98*0 91*0 92*0
72*0 65*0 67*0
85*1 82*0 8j*0

91*0 91*0 90*0
71*0 70*0 63*0
81*7 81*0 SO**'

91*0 89*'
60*U 62*1
77*1 74*0

88"0 93*0 96*0
62*0 62*0 66*0
75*0 79*0 80*o

94*0 92*0 90*0
70*0 64*0 61*0
82*0 78*0 7o*0

91*0 95*0 92*0
ttl-0 62*7 60*0
7o*o 78*0 73*0

90*0 84*0 80*0
57*0 49*0 50*0
73*0 67*0 70*0

91*0 93*0 100*(
65*0 68*1' 08*<
79*5 78*4 81*0

98*0 96*0 97*0
72*0 66*0 70*<
8i*2 79*2 79*3

98*0 92*0 92*0
68*o 68*0 64*0
81*3 79*7 73*7

93*0 93*0 95*0
60*0 6r<‘ 60*0
79*2 75*1 78*2

95*0 94*0 100*0
6S*t 67*0 68*0
80*0 77*8 81*1
94*0
68*<
8l*(

95*0 95*0*
63*0 63*0 66*0
83*6 81*8 81*0

95*0 96*( 97*0
69*0 6w0 70*‘ i
81*0 81*4 820

96*0 92*0 89*0
61*0 60*- 65*0
73*9 76*8 78*0

95*0 91*0 94*0
72*0 70*0 70*6
83*0 82*0 82*0

94*0 94*0 94*0
71*0 70*0 700
82*0 81*4 81*2

94*0 93*0 92*0
66*0 68*. 68*0
8J*0 79*e 79*7

93*0 94*0
66*0 63*0 69*0
80*0 80*4 81*2

95*0 90*0 96*0
68*o 63*0 72*0
80*6 802 81*6

91*0 90*0 88*0
67*C 69*0 68*0
79*0 7o*2 78*0

93*0 93*0 89*0
69*0 68*0 67*0
80*0 76*1 78*1

01*5 89*0 92*5
69*0 69*0 65*0
79*2 76*4 78*6

89*5 87*0 88-0
59*5 61*0 61*0
76*2 73*4 761

95*0 94*0
66*0 650
79*0 79*6

95*0 94*0 96-<:
64*0 6 8 0 58*0
8U*4 80*0 81*0

93*0 90*0 94*0
5-*0 55*0 56*0
77*0 73'0 70*0

93*0 93*0 93*0
6S*( 69*0 67*0
82*0 r.«*C 80*0

94*0 92*0 94*0
67*0 63*C 56 l
81*0 8 0 *U 8 j*ti

95*0 90*0 91*0
(54*C
78*0 75*0

90*0
69*0
80*0

94*0
61*
80*v

83*0 94*0
65*0 57*0
77*' 77*0

92*0
680
81*2

93*C 92*0 93*0
72*< 70*0 63-0
82*0 31*7 6L*2

95*C £9*0 90*0
66*0 64*0 63*0
30*0 76*6 77*0

93*< 97*0 101*0 97*C 93*0
57*1 62*0 60*C 67*0 64*0
79 2 81*2 83*6 81*C 80*5

96*0 95*0 97-0
61*( 63-C 54*0
80*7 82*1 78*9

9s*(i 92*0 91*0
5 VC 55*" 54*0
77*0 73*0 75*6

93*f 94*0
57'( 65 0
77*9 81*0

94*0 91*£ 94*0
65*0 69*5 55*0
79*6 79*2 80*0

93*C 90*1 S9*l
64*0 57*8 64*0
77*8 74*1 77*4

92*0 95*0
64*0 00*0
78*9 80*5

94*0 88*0 94*0
08*0 o;*t 64*0
79*4 77*4 79*1
0O*( 90*1 93*5
03*0 05*< 66*0
76*4 78*7

ALABAM A
biontgtm ’y .—
H ig h e s t ... 94*(
L o w e s t .... 02*(
A v e r a g e ... 78*6
M obile —
H ig h e s t ... 83^
L ow est —
05*(
A v e r a g e ... 79*0
Selma—
H ig h e s t .. 104*0
L o w e s t .... 56*0
A v e ra g e ... 81*0
L O U IS N A
JV. Orleans.—
H ig h e s t ... 91*(
L o w e s t .... 69*0
A v e r a g e ... 8o*o
ShrevLVort.—
H ig h e s t ... 95*<
L o w e s t ___ 02*1
A v e r a g e ... 79*
Shr'd Ooteau—
H ig h e s t .... 94*0
L ow est —
07*1
A v e r a g e ... 79*5
l ib e r t y M illH ig h e st.... 100*1
L o w e s t ___ 57*1
A v era ge.. "79*0
Chevsyville—
H ig h e st....
L o w e s t . ..
. A v e ra g e ...
L a k e Charles
H ig h e st....
L o w e s t ___
Aȣl rage...
' The s s p i ,

100*0

89*0
63*0
77*0

' 0,0*0

Jun e.
Thermometer
M iSSISS’ PI.
Ltland—
H ig h e st....
L ow est —
A v e ra g e ...
Aarksdale—
U igh est...
Low est —
A verage..
Ernokhaven—
H ig h e s t ...
L o w e s t .. ..
A v era ge..

July.

95*<

96*0
00*1 640
79*0 t0"5

97*0 107*0
69*0 69*0
82*0 88*0
92*C 91*0
61 » 63*0
78*1 00*8

94*C 93*0
73*0 67*1
83*0 80*0

94*C 92*0 92*0
37*f 60*0 65*0
8 L"6 7b*9 | 80-6

102*( 103*0 105*0 100*0 101*0
51*C 60-0 65*0 620 58*0
79*0 80*0 85*0 30*0 80*6

'
94*0 94*0 94*0
07*0 05*0 60*0
81*6 78*0 73*0

02*0 93*0 95*< i 93*0 03*0 97*0
00*0 52*0 &!*(' 56*0 52*0 49*0
77 7 78*0 77*3 73*4 71*7 70*4

92*0 92*0 97*0
60*0 520 55*0
76*8 7o*4 78*8

97*0 91T

04*0

82*0 80*1

77*7

95*0 92*0 95*( !
43*1"
79*0 75*4 75*0 j 74*0

96" C
53*0
80*C

95*0 95’ C
65 0 ( m
82*C 79*0

58*0
79*0

93*0 102*5 105*0 96*< 100*0
58*C 43*1
43*0 40' 47*0
79*5 79*0 82*5 73*0 76*0

94*0 93*0 95*0
63*0 69*0 60 0
78*5 82*0 74*0
....

...

during
k d.9, v^g.c 10*0 103*0 96*0
less tnan at tne same 4*o 63*0 62*0 54*0
towns have been 23, Vi"0 84*0 81*0 77*0
year and since bentem 98*0 95*0 93*0
*0 66*0 62*0
for the same time in 180 166
81*2 78*8 79*3

04*C
54*(
77 2

96*0 92*0 94*0
52*0 5U'0
75*0 74*0 70*0

93*0
74*5

90*0 99-0 96*0 102-0 97*0 94*0
6L*C 50*0 02*0 60*0 64*0 54*0
79-4 77*4 78*3 80*5 78*7 75*8

09*0 90*0 99*0'
56 0 (54*0 75*ci
79*2 79*1 82*5

99*0 95*0 98*0
53*0 47*0 48*0
75*7 73*3 bo-e

93*0 93*0 96*0
59*i 58*i_ 64*0
76-0 75*5 78*6

97*( 92*c 94*0
60*o 05*0 60*"
80*0 78*5 76*8

93*0 90*0 04 8
50*0 05*0 49 4
70*0 77*0 75*9'

9l*0l 88*0 92*6
5*2*0 49*0 49*4
72*4 70*4 71*1

97*0 95*0 100*0 100*0 94*0 96*0
60*n 57*0 60 0 67 0 HO 1 H2*fl
78*6 70*0 81*6 82*4 73*0 79*0

95*' 9 4 0 93*0;
50*' 70-0 52*0,
75’5 82*0 73*0;

95*0 94*0 90*0
55 0 500 52*0
75*0 73*5 7 2 0

94*0 93*0 96*0
5w*0 54*0 04"<)
78*8
76-5 77-

97*0 95*0 93*0
06*0 6l*(i H0*<
81*0 79*0 76*6

94*1 96*0 94*0
0O*( 01*0 5 2 0
73*0 7S*4 70*5

98-0 90*0 9 3 0
4 9 0 53*" 52*0
74'0 71*4 74*5

H ig h e s t ... 93*0 91*0 90*0
L o w e s t-. .. •59-0 54*0 64*0
A v e r a g e ... 70*0 75*0 79*3

97-0 05*0 02*0
04*0 62*0 00-'
80*3 78*5 76*6

94*0 94*0 96*0
600 60-0 5*2*0
77*'- 79*0 70*0

91*0 87*0 92*0
4S*o 51*0 50*0
7 2 0 09*1 73*3

H ig h e s t ...
L o w e s t . ..
A v e ra g e ..
W aynesboro
H ig h e s t ...
L ow es —
A v e ra g e ...
i R K A N S ’ *1
H ig h e s t ...
L o w e s t—
A v e r a g e ...

100*0 97*0! 1010 92*0 94*0
55*0 45*01 44*0 48*0 48*073*9 76-5j 74*0 71*5 73*5

H ig h e s t ... 95*0 95-0 95*i i 98-0 99*0 97*0
55*0 52*1/ 61*0| tw o 04*0 56*0
L o w e s t—
A v e r a g e ... 76-0 70*6 70*31 79-9 80*4 76*3
H ig h e s t ... 94*0 94*0
L ow est—
00*0 50*0
A v e r a g e ... 77*0 75*0

95*0 95*0
67*0 59*0
81*2 71*0

94*0 94*0
50-0 60 0
77*0 75*5

97*0 104*0
01*0 02*>.
80*0 80*4

96*0 960
49 t 00*0
74> 80-3

89*0 97*0 97*0
5 3 0 58*0 61*0
75*U 77*0 78*0

96-0 95*9 95*0
02*0 61*5 56*0
8i*0 77*2 75*0

93*0 90*1 91*0
5w*0 57*2 51*0
7 7 0 76*4 75*0

94> 97*0 9 7 0
50*4 59*0 62*0
76*8 77*7 79*5

97*3 96*0 94*0
07*7 63*0 53*0
82*1 78*6 70*0

95*9 95*0 04*1 94*0 90*5 95*2
*<> 46*0 52*3 5^*4
HO-O 01*0 5 <
78*9 78 "8 76*7 73*1 72*U 74 9

95*0 92*0 88*0
66*0 62*0 55*0
79*3 75*6 73*2

89-0 89*0 91*0
58-0 60*0 50*0
73*0
30-0

9 V0 96*0 92*0
05*0 66*0 55*0
80*3 73*1 70*1

89-o 91-0 08*O|
54-0 (50*0 50*0:
74*2 74*8 76*4

H ig h e s t ... 93*0 K2*0
L o w e s t .... 55*0 50*0
A v e r a g e ... 74*8 79*9

. ..

PICNNES’E .
H ig h e s t. .
L o w e s t. ..
A v e ra g e ..
Memphis.—
H ig h e s t ...
L o w e s t—
A v e ra g e ...

95*0
03*0
77*6

88-0 93*0
56" 0 00*0
76*0 75*1

H ig h e s t . .
L o w e st —
A v e r a g e ...

91*0 98*0 95*0
54*0 58*' 55*0
74-9 78*7 79*2

TEXAS.
Galveston.—
H ig h e st....
L o w e s t ...
A v era ge..
Palestine.—
H ig h e s t ...
L o w e s t—
A v e r a g e ...
Austin—
H igh est....
L o w e st ..
A v era ge...
Abilene.—
H ig h e s t...
L o w e s t .. ..
A v e r a g e ...
San Antonio.
H ig h e s t ...
L o w e s t—
A v e r a g e ...
H ig h e s t ...
L ow est—
A v ■'•rage...
L on gview —
H ig h e s t ....
L o w e s t ...
A v e ra g e .
Arlington—
H ig h e st....
L ow est —
A v e r a g e ...

....

::::
94*0
37*0
70*5

__

89*0
50*0
72*8

....

....

....

1

H ig h e s t ...
L o w e s t ....
A v e ra g e ...

90*0
70*0
80*4

!

9M 90*0
61*1' 69 0
79*6 81*3

96*0 95*0 98-0
60-0 52*0 60*0
78*0 78*0 79*9

96*0 3**0 93*0
40*0 47*0 53*0
71*0 70*0 72*0

89*0 85*0 91*0
48*0 47*0 53*0
09*1 67*7 70*3

n "s

. .. .

83*0 87*0
00*0 07*0 07*0
81*0 73*6 78*3

92*0 83*0 92*0 91*0 92*0 90*0
71*0 71*0 09*0 70-0 72*0 68*0
84*0 82*1 82*01 81*9 82*9 S2*0

100*0

97*0 96*0
70*0 07*0 04*1'
84*0 82*0 80*2

97 0 94*0 96 o'
00*0 05-0 54*0
SJ*6 80*0 79*1,

88-0 92-0
42*0 50*0
67*0 01*9

9i*5

1000

92*0 92*0
57*0 57*0 52*0
79*0 75*2 75*6

97*0 96*0 99*0 100*0 100*0 101*o L01*0 99*0 100*0 101*5 9 4 0 93*0
5.8*0 72 5 67*0 71*0 03*0 7 2 "
71*0 65*0 70*0 78*0 54*0 70*0
78-0 75*0 84*8 85*7 8 3 0 86*4 85‘0 81*8 8 y b 8L*c 79*0 S’J*5
104*0 100*0 104*0 L02 ( 9«*0 lOt'O
00 0 480 59*0 07*0 64*0 65*0
80-6 79*8 78*8 36*3 820 82*4

98*0 96*0 102*0 10 VO 94*0 95*0
55*0 03*0 55*0 57*0 52*0 51*0
80*8 78*7 80*1 79*j 74*3 75*7

97*0 93*0 100*0
65*0 54*0 6*2*U
81*0 82*0 81*0

99*0 97*0 104*0 102*0 95*0 101*0 103*0 95*0 96*0
72*0 66*0 09*1! 59*0 68*0 57*0 61*0 55*3 57*0
85*2 34*2 84*4 Si-S 70*3 82*8 82*0 77*8 78*6

95*0 95*0 9S*0
62*0 54*0 (50*0
70*! 70*3 82*4

99*0 96*5 97*0
72*0 0(5*0 58*0
84*4 83*0 82s8

100*0

9.8*0 92*0 92*0
53*0 5 VO 5o*5
79‘d ?h'S 77*0

94*0 06*0
58*u 62*0 56*0
8i*; 85*4 81*t»

100*0 101*0 100*0 103*3 loro 101*0 100*0 99*0 101*0 101*5 0V5
59*5 53*0 00-0 70*5 67*0 02*0 5 7 0 (54*0 18*0 05*0 51 "5
81*6 80*0 82*6 85*0 83*2 82*0 83*0 811 80*2 ; 78*o 7V2
98*0 95*0 101*0 101*0 100*0 100*0
50*0 52 0 66*0 09*0 66*0 0 2 0
79*0 73*5 S4*3 85*0 78-6 80*0

IN D IA N T.
Oklahama —
H ig h e st.... 101*0 93*0 94*0
52*U 49*0 57*U
L o w e st—
70-<s 7 v i 71*3
A v e ra g e .
R ain fall.

101*0

1893. 1892. 1301.! 1893. 1392.1 1891

91*0 93*0 95*0
60*0 53*0 05*0
70-5 75*4 70*3

97*0 98*0 94*0
64*0 53*0 50*0
Sl*2 77*0 ?fi*0

June
93*0 990
62*1 65*(79*; 81*6

September-

August.

1893. 1892. 1891. 1393. 1892. 1891

99*0 100*0 100* i 106*0 98*0 94*0
54*0 0*2*0 50*0 56<» 51*0 50*0
82*0 78*0 8i*U 1 80.0 73*0 79-0

95*0 97*0 99*0 101*2 94*0 89*0
50*0 51*0 49*0 45 0 49*0 46*0
75*2 77 m 75*.3 74*4 72*0 72*4

July.

18»1.

1893

4*8i
13

1*50
14

6*11

5 5S 6*1-c

3*47
17

4‘ 2c
14

1893 1802

1802

94*0
50*0
70*2

Septem ber.

A u gu st.

IOWA. 1893 1892. 1391. 1893. 1892. 1891.

V IR G IN IA .
Raint'ali,in
D ays rain..
N. C A R ’ NA.
WilrntngVn—
R a in fall,in
D ays rain..
R ainfall,In
D ays rain..
Charlotte—
R ainfall,in
Days rain..
Raleigh—
R ainfall,in
Days rain..
Morganton.—
R a in fall,in
D ays rain.

6*3-:

8

13

55C
13

22

8*27 8*90
10
19

io*2e
15

6*20
23

6*29 1*33
5
9

2*43
3

4"3' 11*93 1 3 06 4*23
U
10
20
8

4*61
12

5*71 3*53 5*87
10
15
14

S*0l
20

5*52 7*16 5*73
11 15 13

2*72 0*59 8*79
9
14
11

5*48 5*51 3*77
16
14
14

4*22 5*89
14
0

9-81
15

2*31
0

4*15 4*81
11
10

3*79
9

7*80
10

4 42 10*42'
9
13

3*20

10

1*9.3 1*76
8
5

9*37 2*02 5*04
7
7
11

7*75
9

7*52 3*52
0
7

7*14
10

5*12 4*19
19
10

11

8*00
11

2’ 4£
14

8. C A R O L ’ A
Charleston—
1
R ainfall,In 16*50 10*32 8-95
Days rain.. 17
20
Stateburg—
R ainfall,in 7-27 5*91 3‘6*
lo
Days rain..
11 16
Columbia.—
Rainfall,In 853 3*12 4-38
Days rain..
14
13
Evergreen—
R a infall,in 0*07 9*18
D ays rain..
16
IS

G E O R G IA .
107*0 99 0 98*0 105*0 91*0 94*0
58*0 65*0 48*0 54*0 49*0 58*0
Augusta.—
81*0 82 0 77*0 76*0 73*0 77*0 1 R ainfall,in 7*71 4*83 4-47
Days rain.. J5
11
15
92*0 92 0 93*0 92*0 80*0 94'0 | Atlanta.—
01*1 67*0 54*0 550 56*0 53*0
R a in fall,I d 4*05 4*05 4*71
18
Da vs rain.
15
13
79*0 79 4 78*4 75-0 78*0 76 0

3*79
14

4-IS
13

2*0C 5*22 4*61
14
7
14

5*20 2*7*3 1*37
0 b
5

6*82 6*99 2*27 0*70
8
7
5
18 j

7*10 11*77
1L 17

0*00

1*38 S" 78 2*81
12
13 ; 7

2-8S
7

3*07

8*64

9*72 S*13 2*79
15
18 | 0

4*81
10

4*94
6

3*28
17

0*3?
13

S-l'J
12

6*70 1 7*85
12 i 12

4*82
8

0*77

3*51 4*13 6*41
11 14
11

8*18
13

2*46 8*10 ; 4*29
l: j 0
13

5*49
7

2*15

3*77

4*07

6*00

2*70

1*19
8

4*65 L0*33 8*98 15*53
19
12 18 15

4*73
17

3-43 6*30 7*25 14*29
11 12 17
10
2*95 4*73
11 11
1*76
10

213
0

12

5 01
17

5*33
19

12

12

15

o-oi
13

2*59
21

1

1 811*

5

15

S

0

6

THE CHRONICLE

O ctober 28, 1893.]
/ uly.

June.

0‘OC
15 n
4*73
•
5*® 8-10
«
W
3*56 7*18
y 11

1
4*83 8*37
12 ! 17
3*S4 7*12
0 10
2-45; 1*85
3 ' 3
4*tei 7*52
8 U

9-70 12*57
19
21 la
4*57 4*08
5 !2
5'47 2-00 STl
8
» W
5-41 13*38 T7i
13
14 10

4-54
12
Till
21

4*08
19
4*5«

FLORIDA.
4-88
Days rain.. 13
lamps.—
1W»
Days- rain- ai
Rainfall,in 8-«7
Days rain.. 18
ToUahamu—
RainfallJr
Days rain..
ALABAMA.
Rainfall. In 3-««
Days rain. 13

8-3^ 3-a:
10 18
12*4! 7-12
14
«
8*7i I W
19 10
10-4T
*• a

3; 1C
15
3-iW
15

m

4-tSl O'OT 3*75
11
7 18
5**5 7*rt8 5*85
9
11 ■
. 20
j

3*88
13
MoM*.RainfallJo fem 4‘Ofe
!>*?* ratau. ao 18
Sttrrvi—
RainfallJc 4-20
D»r* win. J3 ....

9m 4*37

844
13

.... us
ro& 2^4 H*43
10
19 43
2-S5 vrs <r»
0
0 j 13
f

H
7‘50
21

4-85
11

LOtHSAKA
Jtav tjrioms4*57
RainfeiM* MB 5'40 4*42
18
Days min.. 12 17 14
7-45 M i l*t*
1G
T
ie T : f
•wL
Rainfall,in Tims; t»*> Tik>
12 | 17 ****
B*ff rale., 7 10
liberty im fUlnfalUn fe-44 T«M 3*«4 VS», 9-1" MB
8
5
9 13
ttm$mratn.. 11
8 SI I *»* 1w is-ff
HalRialUb
18 15 ....
Day* rajEU ....| li»
lMk€ t*fc»rfe*
....
StalnfAU.10
Day* rain..

11*34
19
5*08
7
3*8C
0
8*05
11

; 8*29 10*05 2-00
8 15
8
CIS 3*83 1*1!
7
2
0
i-ss 3*98 4*10
0
7
0
! 2-71 3*38 1*35
6
5
i 1
e.*o> 14’*"4 10*83
ii .28 11
8-24 0*07 7*96
15 25 20
4*73 ttt-87 11*75
21
14
0*04 8*00 0*05
7
3
8

4-.V MB ! « !
12 13 H
tT MS r u
8
5*?8 r«5 2-<Q
10 M
f ’OO 3-70 2*Sfel
0 10
ej
3*52 TOR
10 13
8
2*5*
0
:::

ess
u
0-56
a
3*82
i
0-40
a

Total ;a»r..
8-33 3*43 Stocking* and socks..
la 12
3tm4rr article*........
VM 4*15
jTetal asgorts of cotton
4
5

vt
am
B
rm
*

K

SWMMUtt (71

Lbs.

Lbs.

97,130 107,SS7
104.033! 97,337
98,780j 100,482
298,93,4 805.1SS
90,535: 98,508
80,497, 108,818
89,935’ 1X0,185
380,847 317,387
500.570 842,173
73.985 ei.ftsa
81,050 91,838
85.800j. 84,278
213,315. 2T0,b0;i
S03.S35’ 3*3.270
103,000 99.081
104,404 09.100
101,2*38j 88,735
309.327 290.910

1.913
Ijosj
84.3r.-; 23.918
l.iasowa 1.218,920

on* 0*75
ITie foregoing shows that there has been exported from tfctf
4
3
United Kingdom during the twelve months 1,133,883,000 lbs. o
3*83 m
manufactured cotton, against 1,215,920,000 lbs. lust year, or a
3
8

decrease of "7,037,000 lbs.

0*08
A further matter o f interest is the destination of these
IT* 1*4*
4
4 exports, and we have therefore prepared the following
«
.... Statement*, showing the amounts taken by the principal
....
....
countries during September and since Oc tober 1 in each of the

BTl| 1*32 TiO
7 IS
w
4-‘A- W l 5*IP
8 H
lw to
S-cu
t*$i MB
11 m
8 f h
378, 57^
8 :::::
5 . If
S-19 .... ! T «l 5*2.7
7
8 j 8
j
SOI :•* *-»»! :-i3
12 10
10 n
4m
078 7*^5

rn s-lt n o 5 ®
5
12
$
ii
*
5*4i OiH| 1*01
10
7 ’ s
2*01 ra« a-r ; 4*40
f
5
*
f
3*40 n o 1-75 W f
7
5
i
8
2*71 tr » t-As 3*71 t«#7
O [ a
¥ IA
5
i
1*82 5*40 ri4 4*0®
3
i
3
6*» 8-73 0-2C»
4
4 a
5 T

\

9-J81 2**4 e*«3
II 1 ii
it
T'4» Tie 0*07
7
9 5
11
9-*^:
MB
...
i?
w
vm 3te•• ! a
»

a*«! 2*18
: *
4*52 7*1.8
0] 7
vm i 5*SB
5

Ml
7

...J 5*13
•H ; »

....

a

....

M i gxpoitTS or riECi: ooorm axd runs* to PiuxorPAt convrarsBS is
sEni.«in.i!, cm. rnoM octobbs 1 to •u-.iTBMmiit 80.
4
0*35
HrpLmkrr,
Oet. 1 to s m 30.
4
PmC4 Goods.
(WM omitUtL)
0*2fi>
1391-2. 1890 L
t« « . |vm . Ififcl.
*
T
0*S»
1
e»
2
0f0
i
0**7
3
im
2

TEXAS,
0mm
lrarfttll.il

TIM 4*ft - 3*52 m s ? vm 4*81
7
_D»r» rain- S 12
8 U
9
Patemn*—
Kttlr.fttil.lr 55^
a-« o*^; 1-05 3.0
JDsys rain.
9
1
[
5
A m in7
8
4T!
KttiBfttll.fi
cm i-m 0*10
Days rate.,
§
4
1! 8
»
*
AMem,—
BttlnfsiUn Tim
2-04 crisfii i 41 1*10
Days rate.
-t
•
»
! , a
4
BanAntonk
Ratefa*M !*&e %rm 2*28 om irm 0*85
Days ran., »
15
0
i
-4 8
J9Nmtsrrw#,—
RainfalMn » » urw 1 ^ 1*00 2*70 8*81
s#
Days rate,,
3
4
7
Lmm-um7
**
HatefulMo 2-04 8-77 •OS 0-00 2-27 3-80
Days rain
7
8
M 6
8 10
Art*.
Ratefailjn 2-80 4*87 vm i-27' vm 1*47
Day# ran-.
0
S
4
i
*
INDIAN T.
\, .
(Mhjhmna—
1
t
Rainfall.In m
4*70 , 3*30 3*^8 0*27
D»▼* *«i«
rf
43
» " » is

2

wmt indt«* .... .......
farxsy, iSgerptmd Afjrlrau.
OMrm- imt Jmmn. —
i«xc«swtTarfit«f
Santa
ffcmM Aai#r*es*
Alt GClter
.. .....
Total f&t4§................
Yarns.
im * maittM.)
B*fs»*a,jr. . .................. .

mk. Kxrom Immpi Tmmy}.
............
*
ghtimm4 JapAu...........
tn m m f m id Korypi.........
Ail outer mOMitim-.........
fot»i m .....................
‘ >*87
0

Tftai eelite..............

14*0.051! 1.045.41&2,151.002 738.7HO
M.V9I; 55.45® 643*0! 081.99’ n si.vn 3.120,270
3 - «.3:n. S7.SK8:
WMQ\ 4tt«l.l«4' »?0Js'U 0J4.7C4
316.378
1.J70 2810:
4A0W1* H*
«tt5.®75!
018.455S
u.5.403-;
23.1*4 i *11.2*4 SST.i^i!
ftt.ten; S0.7tM 20.456 ^r7®.2:|i
0 004* SHKOfj®
211711 I l f
4.80tii45!
4«,4I0;3»«J525
6*700 4*021,605
i.4,188: £®v®00 4!A1.JI7
£4*3,902 AI9,70) 4.031.198
£33,318
j.ttte/f

n,mn

2,m i
3.8te
4,45:1
2,871 i
043 3-180
1.047
18.^4 mJkH'
.vm
59
u.i«7:
®mt\

S.«01
2.4.45
5,00*
3,121
1.013
m jm
4JD§

S5.5M
2i»,th)3
8BLf¥t
27.510
*7.011
11, HI
207.592
m<*u

31,808
28.023
4HJ134
45JHI4
Kl.400
35.757
12,087
235.159 211.710
251,551
49.352

3*8! •;;;

8 ea Islan d Cotton Mor8Mr.Tr.—'T hrough arrangements
now completed we shall receive each Friday by telegraph
from the various ports the details o f the S •i Isl.ind cotton
movement for the week. The subjoined statements, which
cover the period from Sept. 1 to Oct, 27, are entirely distinct
1-2.5 from tbe other tables in this cotton report, and are given solely
7 ‘ 4 for the purpose o f keeping a re lo r d ‘o f the S e i Island crop.
0*98 0*1® Wi* first give the receipts for the week ending to-night and
a since Sept. 1, 1*93, and m e stock, to-nigh'. with comparative
3-7! !*32 figures for the corresponding periods o f I9;)3,

1*40 vm s-» a-j» ; 8*43
0 ! io
u
»
‘
i&mhlnMM ;
mu 3-52
'■ 5*4«
Day# rain..
w
0
8 3?
At* "
1
M&mmUn 5Wj
4*50 7*^i (WS6 3-73
7*7#
Days rain.. 7 ut p‘u>
s?
u
11 12 JO
5 11
0
8
8
Amt in—
B
tei
HninfmM
3*45; 5-15 4*32
WI
4 rr
3*a8 n o
5 10 V
15 ' IS
Days raia.
n7 7
4
8 T
5
mB S I T J -

189348 1891-93

I ls S iS f

4*«i

I

RainfailJi
n»»» ntb*.
HatofalUB
Days rainliainfalUn

€AmSm—

l o t a lo fA U .

last three years:
IMS
ras 4-7^
e 19 ■ 8 j 17 18
3*71 4*&5 4-n 9-si 4*51
0
0
13 ^4
tm MB 2*17 4*D) 11*4
9
ii
5
y
8*4! l*0S* 7-55 8-2"*
\ 7 13
a in 10
«N» 4U0 f 07 IW9 M f
IS
7
s -■ Ur 10
f
0*40 a*o 4*75 rm a-.»
s 1
5
9
4
«
MB rti? 2*ifc » ;
71
7 ' 8
sw
7
!

ft*rt $muk~-

m oth.

YarrukThread.

000* omitted.

lSM-93:lS91-»a 1892-98 1891-92 1892-93 1891-92
Lbs. j L6s.
Lbs.
Tds.
Yds.
Lbs.
21J-80? 23,278 390,US 440,815 70.050 84.109
October....
November... 22,832! 21,112 422,115 399,490 81,151 78,225
ta2«3 20,151 419.310! 420.911 80,497 80.311
December
roulst <aoa.r. 32,935 (H.M1 1.238,108 1^01,222:237.0^240^45
Jsnaair.. 13.325 20.891 384.290 403,774; 73,900 77,515
10*02 4*84 3*07
14.42! 23,503 312,022 443,181] 05.773 85,080
February..
IV 20 i*
IT.944: 33,988 371,304 448,751} 71,981 88,149
Starch.....
ST. ew,
Tor. 3d Quas 48.903 ttaatH 1,100,022 1.295,706.211,054 248.754
19 21
Total 8 bum. llijite 133,084 2JJ38.790 2,55d,928 440,35a 480,389
3-59 2-2* S 'f
i
17 13 13
April........... 14,524; 20,010 309,092 373.401 59.141 71,870
8*03 M . rat
May............ 18,422 18,841! 341,204 395^06 0S,63® 75,997
!6 10 13
Jana............. 18.001 17.480. 349,958 347.9U 07,299 68,790
Tot. Sd soar. 50,941 j 50,340 1.000.3H; l.l 17,178^192.30> 21A457
5-72 T** 89*1 3*89 2**8 2*15 Total 0 ana.. m ,105 189.430; 3,339,104j3,374,100 041,72 j703,810
< si
U
17 to
n
20,9%; 18,959■
: 429,593; 417.^53 82,0U 30.122
7*83 13*47 3-30 u*8> 4*03 4*05 lair........... 21.219; 21,050 432.710; 400.502 83,215; 78.05*3
7 2? 15
a 15 12 *3«nt........
Saptaatber.. 20.D*-»' 22,287; 420.4loj 898.325; 80,854: 70.408
1*81 9-00
4
0 Total 4th qr. «*,*« aa.ara; i.w a.w ; uew.sis sie.ftsi!i»4,««
...
••• * ?

mmmsm,

Wsww#*Rainfalljc 3*fm
Day* rain.
4
VWuimr?.-fUtaMlUn lbs
Days tain. IS
CMand—
Rktntnil.Io S*l*
Day* rata*. D*
CktrkMtth—
RainfaHJe 4-81
0
Dara rain.
Brmtmrm—
RamfalUr* 7*5-5
Da.f* rain,. 3
Xmmmkfp—
RainfaiJJti s-w
Day* rain..
IT*&?&*£**&- a
RainfallJr S*7f
I*»r« r*ln.. T
ARirmAg.
m m b'~-k. Rsrtttfalijr 4-75
Days rate.. Hi
R*lnt«ll.l» 6"%
u»r* nun,. 10

1892-93 and 1891-93, a3 compiled by us from the British Board
of Trade returns. It will be noticed that we have reduced
the movement all to pounds.

5*01 ie»
8
n
3*41
§
»
2*10 0-45
3 to
TS* 8*58
8 U
0-00
»
14
7-85
ID
A
9
3‘81 VOS
« n
2*03 a-74
5
7

eoi ! 1*72
0 i 3
3*4.4 : vm
f 2
2*20
m
|
2
a
2*03 2*80
7
1
1*C0
« i °T
400 0*2?
5 1 1
0-42 1*20
7
1
0-^8 O-KS
5 | 3

5-«3
*5 T

0-7B j 3*20 1*29 5U3
1 8
H

0*58
8
0*88
2
0*0C
0
1*05
4
1*00
4
0*33
3
1*07
3
0*58
2

701
12
1*33
8
5-15
10
triH
4
38®
11
984
0
3*01
7
1*37
S

Exports o r Oottoji d o o m from G as at B r.tais .—Below
we give the exports of cotton y »ro , goons.
from Great
Britain for the month o f September anti since October l in

R eceipts to Oct.

27.

1*03.
This
m ek .

1802.

SlucJ:.

1. kmeek* . 7 j i L 1 *893. 1892.
15,226 *2,074 8,14 s 10,027. *5,202
5^8 423 1,308 917 914
442 2,291 341
343
ie.ir.7 3,097 30.192 13.935 0.497

8mm
Sept.

S;|\ an n n ij.......................... 3.8H2
Charleston.......................... 2 to
Florida, & c ......................... 144
T otal.............................. 4,27c

The exports for the week ending this evening reach a total
of 1,243 bales, of which 951 bales were to Great Britain and
272 to France, 20 to Reval, and the amount forwarded to
Northern mills has been 727 bales. Below are the exports
for the week and since September 1 in 1893 and 18»'3.
Week E n d in g Oct.
E xp orts
from

—

27.

Since Sept.

Great Ft* nee
G reat
Total. H elen
B riC n.
dtc.

Savannah,.. 77U
« luriw jton..
F lorid,........
Kew York.. "V72
B oston........
Baltim ore ..
T otal........ 951
Total 1892.. 1.201

212 1,071

1, l-it

F r’ ncc
Total.
ie.

*

292 1,1,9.

"iV d 1,454 "iY a J ,7 2*.
160
15i
292 1,218 3.005
210 1.4 i 2.9fte

h(il 3,57
29 2 v.«-

X orth 'n M ills.
Week,

037
50
40

Mncc
852
10i)
230

727 1,191
Rifl

Ii

GEORGIA.
Ka.lcsfall.ja ■^*5C
Ba*» rain... 14
Columbus.—
BatofalMa A*9
JDaysrain.. 11
Rainfall.ir; 3-74
Days rain.. 3
Yvnyth.—
R&tefall.te 8*70
Day* r,ir.. la

[ September,

Autust.

tevi. is&SL[i8«a. IfeOJ. 1803. vm. U01- 1898 1892* i»»l.

1^3.

:

Rainfall,

729 *

730

[V ol, LVI1,

T H E E C H R O N IC L E .

In explanation of the foregoing table, it is well to state that N e w p o r t N e w s — T o Liverpool—Oct. 2 6 -Steamer B a p p a h a n n o c k , 5 6 1 .
n — T o Liverpool - Oct. 1 7 — Steamer Bostonian, 5 0 0 ...O et. 2 0 we include each week only such cotton as is actually exported. B o s t oSteamers
Catalonia, 1,443; Norseman, 1,118___Oot. 2 4 -Steamer
In other words, a large portion of the Sea Island cotton
Georgian, 2,419.
To
Yarmouth
- Oet. 23—Steamer Boston, 4 0 0 ....O ct. 2 6 -Steamer
shipped to foreign ports goes via New York, and some small
Boston, 200.
amounts via Boston and Baltimore. Instead of giving such Baltimore
—To Livernool Oot. 14—8teamer Sedgemore, 2.227.
cotton in the exports for the week in which it leaves the
To London—Oct. 19—Steamer Maryland, 7 00 ___Oot. 24—Steamer
Missouri. 200.
Southern outports, we follow the same plan as in our regular
To Hamburg-Oct. 2 4 —8teamer Soandia, 1,300.
table of exports of including it when actually shipped. The
To Botterdam— Oot. 13—Steamer Venango, 100__ Oot. 2 0 —Steamer
details of the shipments of Sea Island cotton for the week will
Delano, 300.
To Bremen—Oot. 25-Steam er Stuttgart, 4,869.
be found under the head “ Shipping News,” on a subsequent
P
hiladelphia
—To Liverpool - Oot. 24-Steamer Indiana, 194.
page.
To Antwerp-Oot. 24—Steamer Switzerland, 221.
Quotations — Oct. 27.— Savannah, Floridas, common, 14
Cotton freights the past week have been as follows:
medium fine, 18; choice, 20.
Charleston, Carolinas, medium fine, 25 to 30c., according to
S a tu r .
M on.
T u ts.
W ed n ts
T h u rs.
F ri.
selection.
“32
632
“32
532
S h i p p i n g N e w s . — The exports of cotton from the United Liverpool, bid... . d
532
21128®
Do
asked.cf.
....
States the past week, as per latest m a il returns, have reached
n 64
U64
Ai64
U84
llS4
*374
37V
374*
374*
185,729 bales. So far as the Southern ports are conceme , these Havre, reg line d . 1161®S16 37*2*
__ _
Do outside str.d,
....
....
....
....
....
are the same exports reported by telegraph and published in
the C h r o n ic l e last Friday. With regard to New York we Bremen, steam..d . 6S2
632
6S2
632
63*
532
Do
later... d .
....
....
....
include the manifests of all vessels cleared up to Thursday.
....
....
....
Total bale).

N e w Y obk —To Liverpool, per steamers Blela. 1,488 upland___
Harrox, 1,641 upland and 117 Sea Island___Nomadic,
5,014 upland and 55 Sea Island.
.......... .........................
To Hull, per steamer Colorado, 1 ,6 9 9 .......................................
To London, per steamer Manitoba, 900................................ .
To Havre, per steamer La Touraine, 5 0 .....
.....................
BSlCfTo Bremen, per steamers Ems, 508__ Havel, 3 6 7 .... Laugh­
ton, 1.914________________________________________________
To Hamburg, per steamer Suevia, 400.......................................
ToBotterdam, per steamers Carlisle, 528___ Loot Maree,
600.................................................................................................
To Antwerp, per steamers Apollo, 502___Rhynland, 1,436.
To Christiana, per steamer Island. 557......................................
To Genoa, per steamer Kaiser Wilhelm II., 200 .....................
Ne w Orleans—To Liverpool, per steamers Murciano, 3,500___
Wm. Cliffe, 7,020...........
To Havre, per steamers Alsiaby, 7 ,8 5 0 __ Bydal Hall, 9,200
___ Wistow Hall, 6,243............
To Bremen, per steamer Knicht of St. George, 11,150___
Loango. 6.711........................
To Barcelona, per steamer Miguel Jover, 2 .30 8 ......................
To Malaga, per steamer Miguel Jover, 1,000..........................
To Yera Cruz, per steamer Bavensdale, 1 ,252.........................
GALVESTON—To Liverpool, tier steamers Acme. 4 ,8 2 2 ... Aldborougli, 5.435
Brecbfleld, 8 219___Colllngham, 6,700
___Moorgate, 5 ,8 1 9 ... Zanzibar. 6,934..................................
To Bremen, per steamer Lesbury, 7,008................. -.................
SAVANNAH—To Bremen, per steamer Ineharren, 8,430...............
To Beval, per steamer Clintonla, 5,090 ................. ......... ....
B runswick —To Bremen, per steamer Hampton, 2.450
.........
CHARLESTON—To Bremen, per steamer Glengoil, 9,073...............
P ort B o ya l - T o Liverpool, per steamer Lochmore, 6,762........
W ilmington—To Liverpool, per steamer Bamleli, 8,825..............
To Bremen, per steamer Greatham, 7,652................................
B oston—To Liverpool, per steamers Angloman, 2,399 ...Cephalonia. 976....... Kansas, 2,514 . . Lancastrian, 2.000___ _
To Yarmouth, per steamers Boston, 3i 0 .. Yarmouth, 200.
Baltimore—To Liverpool, per steamer Bossmore, 2,881............
To Havre, per steamer Thomas Anderson, 950........................
To Bremen, per steamer Dresden, 4,730....................................
To Antwerp, per steamer Otranto, 1,200.................. ...............
Philadelphia —To Liverpool, per steamer Lord Clive, 1 50 .......
Total..................................................

S,315
1,699
900
50
2,789
400
1,128
1,938
557
200
10,520

Hamburg, steamd.
632
964'®532 984®532 984®532 984®®32 9«4®“32
....
Do
later., d .
....
....
....
....
Ams’dam, steam.c.
35*
35*
35*
35*
35*
35*
40*
Do
later., c .
....
....
....
....
Reval, via Leith.d .
1132 “16®1132 516®U32 518®1132 ®16®l l S2 516’®1132
Do via Hull , d .
___
___
....
...
....
....
B’lona, direct...d.
S18
S16
318
732
732
*
Genoa, steam ... d .
S1B
31B
318
316
S16
S16
Trieste, indirect.^. 5ie '®1332 51I®USS516®1132 516®U32 516®1132 516'®11S2
Antwerp, steam, d.
%
4<*961 4 39*4 4 ® 9<h
* Cents per 100 lbs.
Liverpool.—By

cable from Liveroool we have the following
statement of the week’s sales, stocks, &c., at that port:

23,293
17,861
2,308
1,000
1,252
37,929
7,008
8,130
5,090
2,450
9,073
6,762
8.825
7,652
7,889
500
2,881
950
4,730
1,200
150
185,729

Ocl.

6.

Oct. 13.

66,000
60,000
Sales of the week........... bales.
Of which exporters took .. .
4.000
1,000
Of which speculators took ..
1.000
1,000
55.000
50.000
Bales American..........................
6,000
6,000
Actual export.............................
64.000
57.000
Forwarded...................................
Total stock—Estimated............ *882,000 846.000
Of which American—Estim’d *691,000 660.000
12.000
27.000
Total import of the week.........
7,000
Of which American............ .
20.000
52.000 100,000
Amount afloat...........................
42.000
90,000
Of which American................
’ Corrected by aotual oounc ol September 30.

Oct. 20.

Oct. 27.

90.000
4.000
3.000
79.000
7.000
73.000
806,000
634.000
39.000
35.000
130.000
120.000

54.000
2,800
1,000
47.000
3,000
70.000
769.000
599.000
36.000
24.000
215.000
205.000

The tone of the Liverpool market for spots and futures each
day of the week ending Oct. 37, and the daily closing prices

of spot cotton, have been as follows:
Spot.

S a tu rd a y M on d ay. T uesda y.

Market, ? In buyers’ Tending Moderate
down.
demand.
favor.
1:45 p . M.J

Wednes. Thursday.

Quiet.

Very
steady.

Friday.
Dull.

45s

.

44
4H js
49re
49ie
The particulars o f these shipm ents, arranged in our usu 1 Mid.Upl’dsfo rm , are as follow s:
10,000
8,000
8,000
6,000
10,000
8,000
500
500
500
500
500
500
Spec. & exp.
Hull
Bremen Other
YarLiver- <&L on•
& Ham- North South mouth t&
F utures.
pool.don. Havre,
burg. Europe.H uropeY.O rus. Totn
at Steady at Quiet and Steady at Steady at Quiet at
New York.
8,315 2,599
50 3,189
3,623 200 ........... 17.976
Market, ) Easy
2-64 ad­
2-64 ad­ 2-64 @ 3-64
@4-64 1-64 de­
dull at
N. Orleans. 10.520 ......... 23,293 17,861 ......... 3,308 1,252 56,234 1:45 f . M.J 3-64
3-64 dec.
decline.
cline.
vance.
vance.
decline.
Galveston.37,929 ...........
7,008
44,937
Bavannah........................................... 8,430 5,090 ...................... 13,520
Quiet
but
Very
Market,
)
Barely
Barely
Steady.
Quiet.
Brunswick
.....................1.. 2,450
2 ,4 5 0
steady.
steady.
steady.
steady.
4 P. M. ^
Charleston......................................... 9,073
9,073
Port Boyal 6,762 ............................................................................
6,762
The opening, highest, lowest and closing prices of futures
Wilmingt’n 8,825 ......................... 7,652
16,477
Boston....... 7,s 99 ...............................................................
500
8,389 at Liverpool for each day are given below. Prices are on
Baltimore..
2,881
....
950 4,730 1,200 .........................
9,761 the basis of Uplands, Low Middling clause, unless otherwise
Philadel’a..
150 ............................................................................
150

stated:

T o ta l.... 83,271

2,599 24,293 60,393

9,913

3,508

1,752 185,729

Below we add the clearances this week of vessels carrying
cotton from United States ports, bringing our data down to
the latest dates.
G alvesto n —To Liverpool

Oot. 2 0 - Steamer Avonmore. 6,650 . . . .
Oet. 21—Steamer Samuel Tysaok, 4,484
Oot. 27—Steamer Bon­
ita, 3,587.
To Havre—Oet. 25-Steam er Salopia, 6,307.
To Bremen-Oct. 21-Steamer Aeon, 5,659....... Oet. 27—Steamer
Joseph John, 4,825.
N e w Orleans—To Liverpool—Oct. 20—Steamers Astronmer, 7,150:
Louisianian, 6,610; Vesta, 6,600___Oot. 23-Steamer Gracia,
7 ,10 0 ....O ct. 2 7 - Steamer Darien, 6,870.
To Havre—Oct. 21—Steamer Havre, 6 ,0 8 1 .
To Bremen—Oct. 26—Steamer Terra, 5,749.
To Hamburg—Oct. 23 - Steamer Kahrwei ter, 1,700.
To Antwerp—Oct. 21—Steamer Havre, 400.
To Barcelona—Out. 24—Steamer Condo Wilfredo, 1,600.
To Genoa Oct. 24—Steamer Oonde Wilfredo, 2,000.
To Salerno-Oct. 25-Steamer Borghese, 4,931.
Savannah — lo Liverpool—Oct. 23-Steamer Highfield, 6,378 upland
and 779 Sea Island.
To Havre- Oct. 2 1 -Steamer Leny, 6,996 upland and 272 Sea
Island.
To Bremen—Oct. 23—Steamer Slingsby, 9,607.
. To Bevel- Oet. 21—Steamer Stag. 5,630___Oct. 26-Steam er Em­
pire, 5,304 Upland and 20 Sea Island.
To Genoa—Oct. 21 Steamers Bannock, 5,054.
Brunswick —ToLiverpool-Oct. 27-steam er A. J. Balfour. 8,598.
Charleston—To Liverpool-Oct. 23—Steamer Bengore Head, 6,688
upland.
,
To Havre-Oct. 20 - Steamer Beeohdene; 6,475 upland.
To Bremen—Oet 2 5- Steamer Abendana, 7,917.
To Barcelona-Oet. 26-Steamer Spanish Prince, 4,300.
Wilmington—To Bremen—Oct. 21—Steamer Tormore, 5,050.
NORFOLK—To Liverpool-Oct. 23-Steamer Henry Dumois, 2,125.
To Marseilles—Oct. 21-Steamer Bamellies, 350.
i .d
To Kotterdam-Oot. 25—Steamer Loch Etlve, 2,913.
,

i r y The p r ic e s a re g iv en in p en ce a n d 64 the.
4 b3-64<i. a n d 5 01 m ea n s 5 l-64d.
S at., O ct. 2 1.

Mon., O ct. 2 3 »

T h u s : 4 63 m ea n s

Tues., O ct. 2 4 .

Open High Low. OlOB. Open High Low. OlOB. Open High Low. OlOB.
d.
d.
d.
d.
October...... 4 32 4 33 4 32 4 33

Oct.-Nov.... 4 31
Nov.-Dee... 4 31
Dec.-Jan.... 4 31
Jan.-Feb— 4 32
Feb.-Mch... 4 34
Mch.-April. 4 36
April-May.. 4 33
May-June... 4 39
Juue-July.. 4 41

4 31
4 31
4 31
4 33
4 34
4 36
4 38
4 40
4 42

4 31
4 31
4 31
4 32
131
4 36
4 38
4 39
1 41

4 31
43L
4 31
4 33
4 31
4 36
4 38
4 40
4 42

W ed ., O ct. 2 5 .

d.

4 29
4 28
4 28
4 28
4 29
4 31
4 33
4 31
4 36
4 38

d.
4 30
4 28
4 28
4 28
4 30
4 31
4 33
4 35
4 37
4 38

d.

4 28
4 26
4 25
4 26
4 27
428
4 30
4 32
4 34
4 30

d.
4 28
4 26
4 26
4 20
4 27
4 29
4 31
4 33
4 34
4 36

Thurs., Oct. 2 6 .

d.

d.

4 26
4 25
4 24
4 24
4 25
4 27
4 29
4 31
4 32
4 31

4 28
4 27
4 26
4 26
4 27
4 30
4 31
4 33
4 34
4 30

d.

d.

4 20 4 28
4 25 4 27
424 4 26
4 24 4 26
4 25 4 27
4 27 4 30
4 29 4 31
4 31 4 33
4 32 4 34
4 34 4 30

Frt., O ct. 2 7 .

Open High Low. OlOB. Open High Low. ClOB. Open High Low. OlOB.
d.
October...... 4 28
Oot.-Nov.... 4 27
Nov.-Deo... 4 20
Dec.-Jan— 128
Jan.-Feb— 4 27
Feb.-Mch... 4 29
Mch.-April. 4 31
April-May.. 4 33
May-June... 4 34
June-July.. 4 30

d.

4 29
4 27
4 26
4 27
4 28
4 29
4 31
4 33
4 35
4 37

d. .
4 26
4 24
4 23
4 24
4 25
4 26
4 28
4 30
4 32
4 34

d.

4 27
4 25
4 24
4 24
4 25
4 27
4 29
4 31
4 32
4 31

d.
4 29
4 26
4 25
4 26
4 27
4 28
4 30
4 32
4 34
4 35

d.

d.

d.

d.

d.

4 29
4 27
4 26
4 26
4 27
4 29
4 31
4 32
4 34
4 36

4 26
4 24
4 24
4 24
4 25
126
4 28
4 30
4 32
4 34

4 27
4 25
4 24
4 24
4 25
4 27
4 29
4 30
4 32
4 34

4 23
4 21
4 20
4 20
4 21
4 23
4 25
4 26
4 28
4 30

4 26
4 24
4 21
4 24
4 25
4 26
4 28
4 30
4 32
4 34

d.

d.

4 23 4 26
4 21 4 24
4 20 4 24
4 20 4 24
4 21 4 25
4 23 4 26
4 25 4 25*
4 20 4 30
4 28 4 32
4 30 4 34

»TH£ CHRONICLE.

O ctober 28, 1898.]

B R E A D S T U F F S .
T h e r e h a s b e e n a lim it e d t r a d e in t h e m a r k e t f o r w h e a t
f l o u r , a s bt t h t h e h o m e a n d f o r e i g n b u y e r s h a v e t a k e n o c c a ­
s io n a l lin e s , a n d p r ic e s h a v e r u le d s t e a d y .
In th e m a r k e t fo r
c it y m ills th e re h a s b e e n a g o o d tr a d e to th e W e s t I n d ie s a t
s l i g h t l y l o w e r p r i c e s , a n d T u e s d a y s a l e s w e r e m a d e o f 6 9 ,0 0 0
b b ls .
R y e flo u r h as b e e n in s lo w d e m a n d , a n d p r ic e s a re
q u o te d n o m in a lly u n c h a n g e d .
B u c k w h e a t flo u r h a s s o ld
r a t h e r s l o w l y , b u t a t t h e c lo s e t h e m a r k e t w a s fir m o w in g t o
lig h t s u p p lie s in c o n s e q u e n c e o f s m a ll r e c e ip t s .
T o -d a y th e
m a r k e t f o r w h e a t flo u r w a s q u ie t b u t s t e a d y .
T h e m arket fo r
w h e a t fu tu re s
op en ed fo r th e w eek
u n d e r r e v ie w a t a s lig h t d e c lin e u n d e r r e a liz in g s a le s b y
“ l o n g s ," p r o m p t e d b y d u ll a n d e a s ie r a d v ic e s f r o m a b r o a d ,
b u t s u b s e q u e n t ly th e r e w a s a n a d v a n c e o n a s m a lle r in c r e a s e
in t h e v is ib le e u o p ly th a n w a s g e n e r a lly e x p e c te d a n d o n re ­
p o r t s f r o m W a s h in g t o n s t a t in g th a t t h e S e n a te w a s v e r y n e a r
t o a v o t e o n th e r e p e a l o f th e s ilv e r b ill.
L a te r, h o w e v e r ,
u n d e r r e s u m e d s e l l i n g b y “ l o n g s '' t o r e a l i z e p r o f i t s , t h e m a r ­
k e t a g a in w e a k e n e d a n d p a r t o f t h e im p r o v e m e n t w a s lo s t.
I n t h e s p o t m a r k e t t h e r e w a s a d e c i d e d f a l l i n g o f f in t h e
v o lu m e o f b u s in e s s , b u t v a lu e s h e ld fir m .
T h e s a le s y e s t e r ­
d a y i n c lu d e d N o . 2 r e d w in t e r a t I t j 'c , u n d e r D e c e m b e r d e ­
liv e r e d a n d N o . 1 N o r th e r n a t 2 c . o v e r D e c e m b e r d e liv e r e d .
T o - d a y t h e m a r k e t w a s q u ie t a n d a t r ifle e a s ie r d u r i n g e a r ly
’C h a n g e , b u t la te r th e s p e c u la t io n b e c a m e fa ir ly a c t iv e a n d
p r ice s ! a d v a n c e d s h a r p l y o n b u y i n g b y “ s h o r t s " t o c o v e r c o n ­
tr a c ts , s t im u la t e d b y t h e s t r e n g t h o f t h e fin a n c ia l m a r k e t.
T h e s p o t m a r k e t w a s fir m e r b u t q u ie t.
T h e s a le s in c lu d e d
N o . 2 t e d w in t e r a t 1 l i e . u n d e r D e c e m b e r d e liv e r e d .
c t o u i i a e w e s * o r tto . a u a w n r r a * w a * * T .
T u es.
Sfea,
Bat
M en,
T h u r t.
6#v*
O cto b e r d e liv e r y .
m
1.
70%
«a q
.Ow
6-M »
7 trs
f ip t .
70L.
70hi
.6 . 6 9 *•
J a n u a r y d e l i v e r y .......... .6*
7 1 i*
»*»*
72’ ,
71
7m
72%
73=9
February delivery__ _ .©*
7 2 i*
7*H
74
7 f .q
7 i\
74%
77
76H
78 %
78%
76A
d a il y

P*
09>
70
71*.
7 2 ''s
7 4 Ij
78%
78

I n th e fa r e p a rt o f th e w e e k th e m a r k e t fo r In d ia n c o r n f u ­
t u r e s w a s d u ll a n d p r ic e s s a g g e d o f f a t r ifle in s y m p a t h y w it h
w e a k a d v ic e s fr o m
th e W e s t ; b u t la te r th e r e w a s a b e tte r
fe e lin g o n th e fa v o r a b le p r o s p e c t s fo r t h e r e p e a l o f th e r liv e r
b ill.
T h e r e h a s b e e n a b e t t e r t r a d e , m a in ly f o r e x p o r t , i n th e
s p o t m a r k e t , in c o n s e q u e n c e o f in c r e a s e d s u p p lie s a t s te a d y
p r ice s .
T h e s a l e s y e s t e r d a y i n c l u d e d N o . 2 m i x e d a t 47< l c .
d e liv e r e d a n d 4
7
48« . f . o . b . a flo a t : a ls o y e l l o w a t 4 7 > ]e .
d e liv e r e d .
T o -d a y th e m a rk e t w a s a sh a d e w e a k e r e a r ly , b u t
l a t e r t h e lo s s w a s r e c o v e r e d in s y m p a t h y w i t h t h e i m p r o v e ­
m e n t in w h e a t a n d t h e c lo s e w a s s t e a d y ,
T ir e s p o t m a r k e t
w a s d u ll h u t s te a d y .
T h e s a le s i n c lu d e d N o . 2 m ix e d a t 1 7 @
4 t l X c . d e liv e r e d a n d y e llo w a t 17‘ j c . d e liv e r e d .
DAILY CLO#I!t<3 SBIOB* OT MO. 8 MIX SO CO ft* .
Bat.
M on,
WeA.
T A «rt.
fu e l.
4 fi%
4*1%
46%
46 A
l i t
46%
■0* 4 8 %
46%
40%
delivery... ,e. 471*
47%
47%
47
47%

January delivery.....

May delivery.............

.e .

48%

4?r»

49%

is T

40%

m .
40%
4* %
47%
49%

1803.
Value.

Q u a n tit ie s

mo

204
334,033

886,655

Total, o a r ie y ....

344.730

elpdla...

272*739
8os.n>o
397,000

B o s t o n . .. . .........
Now O rle a n s ....
'aw Y o r k . . .. .. .

Ai, east, mswi.
diets.*
h e r c a s .d ls U.+

60

E xports

of B readstl*ff 3 for S eptember , 1993.— The f o l o w to tg , m a d e u p f r o m th e s ta te m e n t is s u e d b y t h e B u re a u o f

Statistic*, shows the exports of domestic breadstuff* from the
the U n i t e d S t a t e s f o r
1892, a n d f o r t h e nine

u n d e r -m e n t io n e d C u s to m s d is t r ic t s o f
t h e m o n t h o f S e p t e m b e r , 1893 a n d
m o n t h s e n d i n g S e p t e m b e r 30, 1893,

Value,

Value.

Quantities

305,478
3,854
759,774

l ,887,212

S.753,340 1,785,878

'S S S t S S S t i .

Baltimore ...

2,86?;

S e w O rlean s..

m

12,817

Sew Vorn.......

------ j

Pae. east.
*
Cither eas.<ii*t».-t
fe ta l, corn -m eal

3.207
19,831

BitUmure.........

966,050

Oafs, bum.

10,144
67.205
331.009
33
10,510

75
30.050
1,570,317 526,273
82,021
3*7,368
4,o33
11.414;
40,-223
144,84J
2,805*475; 933.055

SiMKm................

Sew O rleans.......
phtTadefphii— ~

Pan. oust, diets.*
J.ner cas. 0 La's.-

31.254
4,377*394

14,4232,084,859

l-M

1,101

Boston............

ast'.sis

231,315 4,398,048 2,079,-032
6,183,813 3.103,453
«
3,31)4,954 1,081*51?
IO.000
5,224.074 2,605,161
9,005,205 •4,849,814
«
109,412
1,501,030
3,150,511
9,458
1*9,234
879,306 14,389,528 6,635,001
M s iis t
8^50,593 1,544,413 41,385,809 20,529,302
7.310
13.833
40,518
13,168
20,784
70,223
*Ǥ
4'i
10
1*903
731
38,214
1M 38
,340*068
1,800
5,520
U i :a n
520
n
’ *2.164
5,952 i
17.433
68*510i
22,091*
U2*380
508,152
8,002; 1,191,284
19,518
413,591
134;
2.391
1*204
78
76.5021
21*444
25,400 3,075.761
82,021
w
06,404
3,151!
74»0
28,613
430; 738.013 935*077
1,2141
104*040
1.229,571

101.U49
128.876
413,270

Petal, o a t s .. . .. .
O M
lbs.
la iiim o r e ............
06,400!
B m w n . . . . . . ----- 1,151,640:
Maw O r le a n s .,..* oo
mw Y & r k . ■
pnlladeipMa..--- * • . & !
Vm.
1.36

1.994)
—

24,600*

§ass
2H.031

it&erca».dlau-t

r j & f e 1 K ? * aU‘ ' :
B a lt i m o r e ,....- -:

2,159
e , U 0 ,8 8 i f

9*003;

4*500!

T o ,006 [
iw o l*

iV w al, bu*.h.
B m ffio r * ... ■ ...
8 - j i w a . . . - . •****

i iS o a ! ”

57.479
172,157

1.531,00!.; IJS0.2JO
362,972
470,149;
0 iw ,5 ii;
im £ M \
8,4^7,65.1 8.571,660 3.125,482
227,601; 1.648.8^
9 & jm \
i M ^ A m 2.26^2*01
031*928
508,374
747,O ^ j

,i«* f ori.....

P aiiadsipbia--•**
l*ac. cast,
o u te r eajiwdtflu.*

222,814
M 34
37,126
37,1!

3 M 15

330,395.
6.093:
00.808
175.246

110.377

75.1*685

462,366

n:

Tauwneat tioaf.

24.1

2,09«. 58-i
1,293,142
1,180,772

m a*80l
0,200.979
907.522-;

3,112,450
1,174,501
674,251
5*695.019
1,057.519

Totals.

Pnlladeiptila.. . , , !

U 09.852
•t

3*3.072
806,167
18.H98
544 691
120.603
164.853
167.318
7,143.080! 1,580.683

BsdUmora,...

8awTor*.-.........

94,120

5,123.148 8*787,SOS
17.M3i.u3i 12.935.803
711,931 8,415, Hi: 5.061.934
8,763,700 83.997,757^ 00.757,
2.585.802 13,025,119
1,8 J6.fi t0
1,503,165: 0,080,327
95,131
374.877
4,834,29 i; 19,960,977
^ 7:S fI
651*166
775,239 1,266,131 5,576,515
7*329,680 12.838.1H M,776,607

fWMtt.WlMMrt •*..*! t i ,1^9.082; 7.826*796
bbu
B a H tm ore..,. . . .
817,0541
S77*t
i»i2,45<),
‘ "'.0061
« # w 0 r i e a e e . . .. .
29.a*.n,
dew f o r * ------...
651*922? 2.001264
Paliadelpia*- -..
447,775
Pas, c o s t, dlate.*
409,921
761^87:
ut&er
) 188*315:

^

m&

ms
11,018,780

51,503,112

I *

0K-O*f a m A l s t s J ;
*4f»6d to ta l

170*934)

61,714

37,783

H
H
P
J
,
pm U U totpbu...... ;
P »c. cast, diate,*:
y a t « r e p W w l* M

Dal*III.Minn......................
uiA hiM p
Detroit., .utchtaen..

R y e h a s m e t w it h a v e r y lig h t tr a d e a n d p r ic e s a re n o m i­
n a l.
B a r le y h a s b e e n in f a ir d e m a n d a n d s t e a d y .
T h e fo llo w in g a r e th e c lo s in g q u o ta tio n s .
IU »a .
F i n e .....................t b b l. $1 7 5 0 * 2 1 0 | P a t e nmi,
t , wwinter_____
in t e r ..
*3
70
■ a p e r S n e .......................
l s e n 2 2 5 City rout* extra*----- 3
# 3 05
E x t r a , N o. 2 ................. 3 0 0 * 2 5 0 R y e flo u r . A tin e r lto e .. 2 7 f t » 3 1 0
E x t r a , N o . I ............... . 2 2 0 # 2 7 5 B u c k w h e a t f lo u r ......... 2 3 0 a 2 5 0
C l e a r s .............................. 2 3 0 » 3 0 0 Corn meal—
S t r a i g h t * . . .............. ..
3 0 0 # 3 70
Western,Ac... . . . . . 2 8 3 a 2 75
Brandywine...___
P a te n t, s p r i n g ............
3 H i a 4 20
2 85
(W h e a t J o u r in ea o k a « e li* a t p r ic e * b e lo w t h o s e l o r b a r r e U .l
O M J tt
e.
Corn, per bash.—
0.
49
W e e t'n m i x e d ......... 4 0 i *
S p r in g , M l b u s h . . . fit • 7 5
So 2 mixed ....... 4 7 ® 48
B e d w in t e r S o 2 . , O B i* # 71
Red winter........... M l • 7 2
Western yellow ... 4 7 » 4 9
White...............
«
..
81 9 7 2
W e * t e m white......
O a t » —M i x e d .. st b o . 84 «
30
W h it e .......................... 30 a 41
56
W m liT O , p e r b a s h . 54 »
S o , 2 m ix e d ,.. . . . .
Btatuand Jersey.. 5 0 9 5 5
31 % » 851*
ea
W o, 2 w h i t e . . . . . . . . 30‘s # 371* Barley—Ko.2We«t'n. 0 5 a
S ta te 2 - r o w e d ...
State il rivw-ii...... .. n

470,015

331,23?
180,771

eSd.955

V o r n , b u s tu

Baltimore........

r i u o « « o r mo. a m « » d o a t *.
Bat.
T h u re.
SB
M on.
Tue*.
W * i.
34
34
34%
34%
O c t o b e r d e l i v e r y .........- . c . 53*4
November delivery......o. 3 4
34%
34%
34%
34%
December delivery
-6. 3 1 %
S4%
34%
;<5
34%
30%
36%
M a y d e l iv e r y .....................e.
30%
37
38%

m
34 -V
34%
35%
37

Quantities

Nine Months.

Boston.... .......

New O rleans.......
Mew
York
la w Y
ork
Philadelphia.
Pae. c o s t, dista.
O tner ons. dists.*

M I M U .o ,* . .....
N ew arlean*

c l o s im o

1892.

Sartev* bush*
B a ltim o re ..

O a ta f o r fu t u r e d e liv e r y h a v e b e e n q u ie t , a n d e a r ly in th e
w e e k p r ic e s e a s e d o f f a t r ifle , in s y m p a t h y w it h w h e a t a n d
corn .
S u b e q u e n t lj, h o w e v e r , o n p ro s p e cts o f a n e a r ly re ­
p e a l o f t h e s i l v e r b i l l , t h e ta p s w a s r e c o v e r e d .
In th e s p o t
m a r k e t t h e r e h a s b e e n a m o d e r a t e l y a c t i v e tr a il* * , b u t a t
lo w e r p r ic e s , p a r t ic u la r ly f o r th e w h it e g r a d e s .
Y esterd a y
t h e s a lt* in c lu d e d N o . 2 m ix e d a t 8 4 $ £ c. a n d N o . 2 w h it e a t
3 8 J i @ 3 8 ? 4 'c .
T o -d a y th e m a r k e t o p e n e d a t a fr a c tio n a l l if ­
e l in e , b u t la te r t h e r e w a s a n a d v a n c e , in s y m p a t h y w it h th e
r is e in o t h e r g r a in s , a n d th e c lo s e w a s f ir m .
T h e sp ot m ar­
k e t w a s m o d e r a t e ly a c t iv e a n d fir m .
T h e s a le s in c lu d e d N o .
2 m ix e d a t 8 4 $ {c . a n d N o . 2 w h it e a t 3 6 t£ 3 6 ? £ c .
d a il y

1893.

September.
B r m d s tu fs
E x p o r ts .

F r i d a y , O c t o b e r 2 7 .1 8 9 3 .

December

731

18,558,837

;- 1

I

* vbhw ’if es_o-.fM 1mm p« id 6u»! -

141,507,2^

for me ruoato o£ Septemoor. 1603 :

ff'iU..- I W “U7<- ur^un.uroKuu...................

»
l
t #u >................................. . « S w »
* V a iao o f ex h o rt* fro m o t h e r o u it u m , d titr lc t* f o r t h e m o n th o f Sep., IStiS
R m p o K Raw*. v « .................. m i m
...................

tW'.Vhi

O s w e J . i c n i e , H . Y ......................

K

.

U l. .. :

SUA.ITC

8eperi«.r, Mteh........................

I »u W k »e w # > , % Y ...........

F a v u d e i S u i t e ,T e x e s ............
s » m r t a ,T « X A » .............................

ilruios, f e x n ,.........................

i I'.jrpun Chri.tl, Toxea..........

n « .W ?
8.200

*•*»»

loo.H iVi1 FPurtmud,
o r tla u d . MMaine..
a in e ..
................
I®
88,
,, .WO I
....12,003,088
T o ta l..
d n o u . MJdhiwwn...................
I, aitveatott. T eX a a .
...
s t .n w
h o r e t .- T h i, .ta te m e n t tool a t e , nhout v j per s e n t o f th e e n tire e x e o r ia j f t h e
artleiee nam ed fro m ail o o rte o f th e e o a n tr r .
T h e m o v e m e n t o f h r e a d s t u t fs t o m a r k e t is in d ic a t e d in 1 1 e
s ta te m e n t b e lo w , p r e p a r e d b y u s f r o m th e fig u r e s o f t h e N e v
Y ork P rod u ce E x ch a n ge,
W e fir s t g i v e
th e r e c e ip t s a t
W e s t e r n la k e a n d r iv e r p o r ts , a r r a n g e d s o as to p r e s e n t t h e
c o m p a r a t iv e
m o v e m e n t fo r
th e w e e k e n d in g O ct. 2 1 , 1893,
...... 3
a
1 low nunh t\t ».ha kafe thwft V«WH!

MianiS. Ohio................

Bsrlep.
R ub,
(MU.
C om .
WTieal.
Flour.
B b is.im b* B w h M m BIUA.5««W B iu h jn ib . BusKiSUi* B u M th
21,030
2,160,254
7S3.M3
3,052.753
78S.O10
16.719
Cbtcaeo . . .
30,0 :o
B io.0.8
1*L,<KKI
411,250
36,400
18,121
M ilw aukee...
1,914.680
•* **
213,700
O n la th ........
.........
1,707,210
M lnneapoll*.
8,8 iO
12.600
91.000
318.800
2,053
T o le d o ........
^ ,6 9 9
13,451
13,881
252.116
D e tr o it.. . . . .
a ,m
8,000
2.000
50,000
10,000
30.000
C le v e la n d ....
s.ooo
115,500
5,000
346,320
407,175
448.231
25,015
at. Lotus.......
6,000
401,500
03,800
376,000
21,*3uO
4*050
Peoria,..........
2,6JS
..
13,119
384,2/6
Kansas City.

JlfCtipU * t—
..............

T ot.w h .
8a.roe w k/92.
Sam e w k/9 1.
Since Aug. 1.
1803....... .
1892.......... .
1 8 9 1 ........

350,721
340.572
295,488

0,004,8:15
8,587,441
7,5103,899

3,9-13.128
3,067,201
1,096,4*36

3,140,021
2,500,332
S.0H.019

3387,769 50,063,591 *1,165,337 39,580,784
i.175,005 05,110,150 81,152,205 35,130.4 S2
2.809*070 82.620.820 'M 015.815 80 *51.83*

1,003,801
1,331738
1,317,007

68,030
283,573
408,083

7,333,001 1,005,524
7,6094853 3,241).(Ut
0.083.012 8*13.970

732

T H E

The receipts of flour and grain at the seaboard ports for the
week ended Oct. 21,1893, follow:
Flour,

Wheat,

Corn,

Oats,
bush.

A t—
bbls.
bush.
bush.
New Y o r k ...1 5 3 ,7 7 8 1 ,5 7 3 .3 5 0
4 2 3 ,1 0 0
Boston........... 7 9 ,5 3 0 120 ,2 2 2 2 3 3 ,0 9 7
M o n tr e a l.... 16.0 2 1
52,2 0 2
51,239
Philadelphia. 5 5 ,5 2 7
7 1 ,9 8 9 2 2 3 ,8 5 0
B a lt im o r e ....H I ,626
199,017 219 ,9 9 9
B lo h m o n d ... 3 .4 9 7
23,3 9 5 20,7 6 2
N ew Orleans. 1 5 ,8 2 0
3 0 ,0 0 0 19,4 6 1

F arley,
bush.

6 5 1 ,3 0 0
120 ,2 7 0
6 1 ,9 8 0
137 ,2 2 3
8 8 ,0 7 0
6,585
3 9 ,2 9 1

Rye,
bush.

5 9 ,0 1 0
2 6 ,5 0 0
4 .7 8 0
450
1 1 ,3 4 4
1 ,700
3 1 ,2 0 0
..........
..........
3 ,7 9 0
..........
2 ,322
...............................

Tot. w e e k ..435,806 2,0 7 0 ,1 7 5 1.1 9 6 ,5 0 3 1 ,107,719 1 0 6 .9 6 4
Week 1 8 9 2 ..4 3 6 ,9 1 4 2 ,902,065 1,5 4 9 ,9 6 9 1,5 1 1 ,3 5 1 104,326

34,7 6 2
123 ,0 5 1

Overcoatings are dull, but a steady trade of moderate dimen­
sions is again recorded in cloakings. Woolen and worsted
dress goods in fall lines are weak and irregular, with a limited
demand, but more business has been done for spring than of
late. Flannels, blankets, shawls and carpets are all dull and
unchanged.
D o m e s t i c C o t t o n G o o d s .— The exports of cotton goods
from this port for the week ending October 21 were 1,342
packages, valued at 8110,160, their destination being to the
points specified in the table below:
Ne w Y o rk

Below are the rail shipments of flour and grain from
Western lake and river ports for four years:
1893.

Week
Oct. 21.

1 8 92.

29 8 ,5 2 9

Flour...........

1 8 90.

1 8 91.

Week
Oct. 22.

Week
Oct. 24.

Week
Oct. 25

304,372

2 3 7 ,2 2 3

878,907
W h e a t........ ....h u s h .
659.613
Corn............ .................
Oats............. ................. 1,6 2 6 ,9 4 6
Barley.........
24,194
B y e ............. .................

763 ,2 1 7
448 ,7 8 1
1 ,585,675
316 ,4 5 6
117,891

1 ,4 18,032
31 0 ,6 2 5
1 ,450.39 4
262 ,1 7 3
99,8 2 6

591 ,2 2 6
6 3 9 ,9 9 4
1 ,4 1 4 ,5 2 4
33-',2 1 6
73,061

T o ta l... ................. 3 ,556,221

3 .2 3 2 ,0 2 0

3 ,5 4 1 ,0 5 0

3 ,0 5 7 ,0 2 1

Flour.

Oats.

Bye.

Peas.

Bush.

BUs.

Bush.

Bush.

Bush.

332,^64
2 31,354
319,161
4 9 ,” 13
59,233
40,0 4 5

156,723
29,352
12,634
22,944
12,156
725
6,061

Tot. week 893,343 .1,032,370
B’m etim e
8 76,178
1892 . . 2 ,224,833

2 40,595

51,686

, 8,000

49,8 3 6

2 13,733

165,610

34,7 6 3

4 4 ,6 7 4

NewYork
B oston...
Montreal
Fhiladel.
Baltiin’re
N. Orl’ns.
N . News.
Portland.
Norfolk.

Wheat.

C om .

Bush.
594,798
24,436
2 5 ,154
7,749
91,758
149,448

2,256

26,318

4 7 ,5 8 0

10,36S
15,000

8,000

The visible supply of grain, comprising the stocks in granary
at the principal points of accumulation at lake and seaboard
ports, Oct. 21, 1893:
Wheat,
bush.

In store at—

C om ,
bush.

15 1 ,0 0 0
New Y ork........... 15 ,7 6 3 ,0 0 0
619,000
132 ,0 0 0
D o afloat___
4 5 ,0 0 0
A lban y.................
Buffalo................. 2 ,9 1 0 ,0 0 0 1 ,0 5 4 ,0 0 0
Obioago............... 1 8 ,9 98,000 2 ,8 8 2 ,0 0 0
750 ,0 0 0
Milwaukee.........
4,2 3 9 ,0 0 0
225 ,0 0 0
T oled o................. , 1 ,832,000
4 .000
D etroit............... .. 1,1 7 7 ,0 0 0
40,0 0 0
7 0 ,0 0 0
O sw e g o ________
9 3 ,0 0 0
Bt. Louis............. 5 ,2 9 4 ,0 0 0
9 ,000
Cincinnati........ .
7 ,0 0 0
302 ,0 0 0
354 ,0 0 0
Boston.................
.
10 1 ,0 0 0
M ontreal.............
64 5 ,0 0 0
3 ,000
615 ,0 0 0
Philadelphia___.
354 ,0 0 0
110 ,0 0 0
6 3 .0 0 0
250 ,0 0 0
20.0 0 0
Ind ianap olis....
522,000
22,0 0 0
Kansas City......
971,000
308,000
Baltimore...........
6 ,000
Minneapolis___ 7 ,7 5 0 ,0 0 0
On Lakes........... 1 ,949,000 3,0 8 4 ,0 0 0
7 0 5 ,0 0 0
On canal &rivei• 2 ,0 9 6 ,0 0 0
T otals —
Oct. 21, 1 8 9 3 ..6 6 ,9 7 9 ,0 0 0 9 ,5 8 9 ,0 0 0
Oct. 14, 1 8 9 3 ..6 0 ,2 0 7 ,0 0 0 9 ,0 8 3 ,0 0 0
Oct. 22, 1 8 9 2 ..5 9 ,4 0 2 ,0 0 0 1 2 ,7 5 3 ,0 0 0
Oct. 2 1 ,1 8 9 1 ..3 4 ,6 4 4 ,2 5 1 2,8 3 1 ,9 6 5
Oct. 2 5 ,1 8 9 0 ..l a ,715,025 7 ,2 0 6 ,4 4 3

Oats,

bush .
1 ,7 6 9 ,0 0 0
12,000
4 0 1 ,0 0 0
842 ,0 0 0
2 3 ,0 0 0
5 4 ,0 0 0
21,0 0 0
12 9 .0 0 0
14,0 0 0
15 1 ,0 0 0
1 0 4 ,0 0 0
93,0 0 0
24 1 ,0 0 0
57,0 0 0
17,000
227 ,0 0 0
7 8 ,0 0 0
1,0 2 1 ,0 0 0
9 5 ,0 0 0

1892.

Week. Since Jan. 1

101
20
190

T otal.....................................
China, via Vancouver........

1,342

37
361
144
57
423
9

4,061
1,373
26,2 6 2
5,536
10,152
6 .129
16,034
2,0 3 0
4 .0 0 0
41,5 7 4
2 ,2 3 4

180
3
6
250

4 ,5 2 5
1,379
68,725
4 ,8 2 7
12,6 7 5
6 ,9 6 0
1 3 ,4 4 4
2,817
5 ,250
3 8 ,1 3 7
2 ,3 0 1

50
523
77
118
1,223

....

1 19,385
31,591

2 ,430

1 6 1 ,0 4 0
17,771

T otal..................................... 1,342
150,976
* From New England m ill points direct.

2 ,430

1 78.811

The value of the New York exports since January 1 has
been $7,185,561 in 1893 against $8,250,517 in 1892.
Brown sheetings and drills generally firm, with light stocks.
The home demand is limited but fair sales again reported for
export. Bleached shirtings are slow for finer grades but
there is a moderate movement in medium and low priced
makes. Several tickets of 36-inch 64 square bleached have been
reduced l|c. per yard. W ide sheetings quiet. Kid-finished cam­
brics and silesias in moderate supply and steady. Colored cot­
tons in quiet home request but denims and plaids in fair export
demand. Orders for white goods for spring show a slight in­
crease. A few good-sized orders have also been placed for
printed challies, lawns and satines for spring. Prints in dark
work are in quiet request, fancies scarce and Srm. Ginghams
slow, orders for dark work are limited and very little has so
far been done for spring. Print cloths have advanced to 2 ’ gC.
for 64 squares, closing firm thereat.

B arley ,
bush
1,000
1 5 ,0 0 0
3,000
321,000
2 5 9 ,0 0 0
306 .0 0 0
131.000

1 8 93.
Stock o f Print Cloths—
Oct 20.
Hold by Providence manufacturers. 1 9 2 ,0 0 0
Fall River manufacturers...................4 1 5 ,0 0 0

60,0 0 0
160,000
11.000
25,0 0 0
20,000
34,0 0 0
51,000

during the early part of the week, but improved later through
numerous transactions by small buyers. Seasonable supplies
of all kinds are irregular in price. In fiue cotton fabrics,
dress goods and silks for spring the demand has shown some
expansion.

4 2 ,0 0 0

2 ,0 0 0
2 ,000
13,0 0 0
1 6 ,0 0 0
2 ,000
25,0 0 0
.............

124 ,0 0 0
6 1 4 ,0 0 0
198 ,0 0 0

5 ,3 5 4 ,0 0 0 4 5 6 ,0 0 0
5 ,1 4 0 ,0 0 0 306 ,0 0 0
8 ,3 4 4 ,0 0 0 1 ,0 0 2 ,0 0 0
4,4 4 3 ,5 8 3 2 ,7 1 9 ,8 0 7
4 ,1 2 3 ,2 8 9
6 3 0 ,6 0 5

2 ,3 3 5 ,0 0 0
2 ,1 0 6 ,0 0 0
2 ,0 9 6 ,0 0 0
2 ,7 0 5 ,2 5 9
1,8 0 9 ,2 3 2

N e w Y o r k . Friday, P. M .. Ootoher 27, 1893.

There lias been no relief the past
week from previous stagnation in woolens and worsteds iu
men's-wear lines. The orders which come forward day by
day are few in number, and their character is hardly in keep­
ing with a wholesale business. No line of goods is exempt
from these conditions either in heavy weights or spring styles.
Prices are irregular for immediate supplies and lower than
last spriDg season by
to 10 per cent for future deliveries.
o o l e n s .—

1 8 93.

Week. Since Jan. 1.

Bye,
bush.

During the past two days a better tone has been noticeable
in the dry goods trade generally, owing to the belief that a
speedy passage of the Repeal bill is now assured. The im ­
provement can* hardly be said to have extended to actual
business yet, although there have been exceptional instances
of more doing for spring in fancy cotton fabrics and in woolen
and worsted dress goods than previously. Apart from these
the demand throughout the week has presented all the
features familiar for so long a time past. Buyers have
been content to supply immediate needs only in aJl lines of
staples and the orders from dar to day have fluctuated
in extent within narrow limits. Despite this no accumula­
tion of stocks can be detected, and it is evident that the in­
crease in production up to the present time is of very moder­
ate dimensions. Prices are generally unchanged. In one
grade of bleached cottons there has been a reduction of J^c.
per yard, but even these are reported well sold up. In some
other instances the tendency is against buyers, notably in
brown goods in export grades. Collections are reported de­
cidedly improving, so much so that in the woolen trade un­
easiness regarding November 1st settlements has in a measure
disappeared.
W

O ct . 24.

5 2 ,0 0 0
8 ,000
4 ,0 0 0
11,000
214 ,0 0 0
28,0 0 0
8 ,000
17,0 0 0
3 ,000
T_
5 .000
6 ,000

T H E DRY GOODS T R A D E .

D o m e s t ic

to

Great Britain........................ ..
Other European.......................
C h ina...........................................
India.............................................
Arabia......................................
Ifrio a .................. ......................
West Indies............................ .
Mexico.......................................
Central America......................
South A m erica........................
Other countries........................

The exports from the several seaboard ports for the week
ending Oct. 21, 1893, are shown in the annexed statement:
Exports
from —

[V o l . L V 1 I.

C H R O N IC L E

Total stock (pleoes)........................ 6 3 7 ,0 0 0

1892.
None.
None.

1 8 91.
Oct. 22.
1 9 1 .0 0 0
3 1 4 .0 0 0

None.

5 0 5 ,0 0 0

Oct. 21

F o r e i g n D r y G o o d s . — The market was exceedingly dull

I m p o r t a t io n s a n d W a r e l io n s e W it l id r a w a ls o f D r y G o o d s ,

ft
EH

ft
£o
5
o

g: : e

CDtO
X XI
CDCO
XM
M
Cfi4*
<JO
CO>P*
<JCD
©to
COM

si

EDg.

P.'
0
3•
£\
B3:.
►

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October 28, 1893,j

8w

THE CHRONICLE.

wrongs very shortly. However, time is a great healer, and pos­
sibly the low prices for Virginia bonds m ay induce foreign
buying and later on improved values.

C ity

e
term s

of

s u b s c r ip t io n

783

.

C o m m e r c ia l a n d F in a n c ia l C H R O N I C L E
Uina 4 0 to 6 4 pages published every week.

con-

S t a t e a n d C ity S u p p l e m e n t of C H R O N I C L E con­
tains IS O pages published periodically.
I n v e s t o r s ’ S u p p l e m e n t of C H R O N I C L E (a Cyclo­
paedia of Railroad Securities) contains 1 6 0 pages published
every other month.
Subscription to CHRONICLE for one year 6 10 .0 0 ,
which includes every issue of both S upplements ,

T h e p u r p o s e o f t h is S t a t e a n d C it y D e p a r t m e n t
is to furnish our subscribers with a weekly addition to and
continuation of the St a t s and C ity S upplement . In other
words, with the new facta we shall give, the amplifications
and corrections we shall publish, and the municipal laws we
shall analyze in the “ State and City Department,” we expect
to bring down weekly the information contained in the
S tate and C ity Supplement to aa near the current date as
possible. Hence if every Subscriber will note in his S upple ­
ment on the page designated at the head of each item a
reference to the page where the item in the Chronicle can
be found, he will at all times possess a complete and fresh
cyclopaedia of information respecting Municipal Debt*.

B o n d P r o p o s a l i a n d N e g o t i a t i o n s .— W e have re­
ceived through the week the following notices of l onds
recently negotiated and bonds offered and to be offered for
sale.
Anglaize County, Ohio.—The $50,000 of 6 per cent court
house bonds of this county offered for sale on October 16 were
awarded to Seasongood '& Mayer, of Cincinnati, at 102-05,
Ten bids in all were received, the following list o f which has
been furnished to us by S. W . McFarland, County Treasurer.
Amount bid.

8ea»ODjr<Hxl A Mayer, of Cincinnati, O................................ $51,025
N, w. Harris & Co., of Chicago. Ill ...................................*50,664-58
Parson. Leach A Co., of Chicago,dll............... .................. 50,051
Spitzer A- Co., of Toledo, O..................................................*50,650 33
W J. Hayes A Sons, of Cleveland. O ................................. *50,648 33People's National Banket Wapakoneta, 0 ......................... 50,575
........................................*50,433-33
Dietz. Dennison & Pt tor. of Ctovelai d, O............................ - 50,140-33
Lamprerht Brothers, of Cleveland, 0 ................................ 50,000
Fir-7 National Bank of Wapakoneta, 0 „ last $20,000,
maturing from Oct. 1. ISO?, to Apr. 1, 1900..................... 20,050
* These amounts include $133-33 accrued interest.
The bonds are dated October I, 1893, ard mature at the rate
of $5,000 semi-annually from October 1, 1895, to April 1,
1900. The county has no other debt.
Bexar County. Tex.—(State and C it y S upplement , page
177.)— W e are informed by Ed. Froboese, Treasurer, that au
election which took place in this county on October It, to
vote on issuing $200,000 o f road bonds, resulted in the defeat
of the proposition by a large majority.
The County Treasurer also writes us that bids will be re­
ceived until November 18 for the purchase of $115,000 o f
Court House bonds.

The total bonded indebtedness o f the county at present is
$809 950, and its ass------d valuation for 1893 is $30,000,000.
Boston, Mass.—(S tate and Ci t y S upplement , page 21.)
—It has been reported that Boston’s 4 per cent 20-year bonds
offered for sale ln-t week have lieen award*d to R. L. Day tfe
Co., who bid 101-085 for the $150,000 of highway bonds and
101*886 for the $809,000 to be is-ued for various municipal
purposes.
Other bids received were as follow s:
New
York Life Insurance Company, 100-791 and accrued interest
fur the lot; East River Savings Bank, New York, 100-5 for
SlOO-tOO worth of registered bond*; H. N. Slater, Webster,
M am , 100 7 for $20,000 highway construction and 100-1 for
$30,000 municipal purposes bonds; Jack-on & Curtis, 100*6
and interest for $80,000 highway construction coupon bonds;
Blodgett. Merritt & Co.. 101-08 for the lot.
The loans are described as follows :
Virginia’s Finances.—The following remarks on Virginia’s
LOANSWhen due, I LOANSWhen due,
finances are taken from a circular letter issued last Saturday
HlOllWAV?—
MUNtCU-AI. PURPOSBS—
by the banking bouse of Messrs. Hambleton & Co. of Balti­ I . AAU, $150.000,...Oct. I, 1913 I Is, AAO, $39S),000..-April 1, 19X3
They wi re to be i- ued in either coupon or registered bonds,
more, Maryland,
both principal and interest to be payable at the office of the
In our circular of last week we referred to a rumor regard­ City Treasurer.
ing the possiiiility of it being necessary to increase taxation
Cincinnati, 0 . —(State and C it y S upplement , page 78.)—•
to meet the interest on Virginia bonds. 'The rumor can e
from Virginia and the Richmond correspondent of 7 he Sun, D. W . Brown. City Auditor, informs us that only one bid was
received for the $150,000 of pavement bonds which were of­
under date of October 9, says as follows:
:*A remarkable {estate About the M M e»tnp*lxn in Vh-Kinla. fered for sale on October 21, tiiat being from the German Na­
wBiea will *<xm be »t white heat. I« that coming lcgplatton is rar<*ir tional and Atlas National Banks of Cincinnati, jointly, offer­
refsrrct to on the tnmn. There are mans important qaesttons which ing par and accrued interest, lie dots not state that the
will c«m© before toe
chosen the eotnlnjc election. Odi*of bonds were awarded. Interest on the loan at the rate of 4 per
the most liBbortwnt will probably t» » proposition t« ia.-rea— itie cent will be payable semi-annually at the American Exchange
rev ean»* of the Common wealth. These at present are act sufficient
to meet »he Interest os the dent as recently adjusted and to maintain National Bank of New York, and the bonds will mature
toe government-*
June 1, 1912, with an option of call after June 1, 1902.
We are glad to be informed that there is no foundation for the
Cleveland, Ohio.— (State and Cit y S upplement , page 79.)
above stateraei t, and that, on the contrary, the S’ate haa a — W . A, Madison. City Auditor, will receive bids until
large surplus revenue.
November 18 for the purchase of $285,( 00 of bridge repair
A correspondent at Richmond, referring to the reported de­ bomri, same to bear interest at the rate of 5 per cent and to
ficiency, writes us as follows : “ Present balances to Credit of run 16 years.

More Louisiana Bonds Listed on the New York Stock
Exchange.—Additional new 4 per cent consols of the State of
Louisiana to the amount of 8277,100 have been listed on the
New York Stock Exchange. The bonds are dated July 1,
1892, fall due January 1, 1914, and interest is payable semi­
annually on the first day of January and July. The amount
of these securities listed last July was $1 i ,066,600, making the
total amount on the list at present 111,848,700. The Com­
mittee on Stock List ia empowered to add from time to time
such amounts of these bonds as may be Issued in exchange
for old stamped 4 per cents.

the State are more than sufficient to meet interest charges,
and if there be any fear in the matter it is not that of a deficit,
but such a surplus as may stimulate a mania for appropri­
ation* by an incoming legislature.” Our correspondent says
further: *** con vtraation with a State official elicited the fol­
lowing informal ion: The State haa now a surplus fund to its
credit of over 81.000,000. This official computes that the
revenue from taxation will show annually a surplus of
$300,000 in excess of all interest charges upon the entire debt
when funded, and con templates urging the legislature to use
this surplus in purchasing ai d retiring the State's bonds." We
are glad to hear such good accounts of Virginia's finances, and
nope the most sanguine expectations of our correapendent
may 1st realized.

Dallas, Or eg.— An election will soon lie held in this town to
vote on issuing water-works bonds to the amount of $14,000.
Dallas, Texas.— (State and Cit y S upplement , page 177.)—
The Council of Dallas has passed an act authorizing a loan of
$100,000, to be known asthe “ Dallascity general improvement
bonds, issue of November, 1893.”
John F, Caldwell, City
Auditor, writes us that this loan will bear interest at the rate
of 6 per cent, payable semi-annually on May 1 and November
1, at the New York Security & Trust Company, and will be­
come due in ten or twenty years at the option of the city.
Mr. Caldwell also writes us that the city has paid ita street
improvement bonds to the amount of $16,000, which fell due
September, 1898.
Dayton, Ohio.—(S tate and Cit y S upplement , page 80.)—
Virginia’s bondhold* rs hare suffered quite sufficiently in the
- and it is to be hoped tf at only good is in store for them Five [>er cent water-works bonds of this city to the amount of
is future. The Century 2-3 per cent bonds are st iling now $53,000 will be i-sut d about April 1,1894. This is the re­
of a $100,000 loan authorized by act of the Legisla­
at about 52, which ought to be an attractive [trice for them mainder
in
ordinary time*. One bad feature, aa affecting the market for ture last March.
them, is that London is the seller. In corresponding with
Delhi, Ohio.— Proposals will be received until November
r" ir^bgjt’ h friends, we find that they are not favor­ 21 by F. D. tteunders, VillageClerk, for the purchase of avenue
able to any Virginia bonds and that they are more disposed and street bonds to the amount of $4,270 76. The bonds will
to sell than buy. It is no wonder that such a sentiment l>e dated October 26 and November 9, 1893, will bear interest
should prevail, as the bondholders have been shamefully at the rate of 6 per cent, payable annually, and will mature
treated and it cannot be expected that th^y will forget tbeir in from one to ten years from date of issue, payable at the

K

734

THE CHRONICLE.

Third National Bank of Cincinnati. The bonds are issued in
anticipation of the collection of assessments, and may be re­
duced if any of the property owners pay their assessments in
advance of the issuance of same.
Eddy County, N. M .— It is reported that the citizens of
this county have voted in favor of issuing bridge bonds to the
amount of $10,000.
Fitchburg, Mass.—(State and Cit y S upplement , page 24.)
— Four per cent 10-year sewer bonds to the amount of $10,000
have been authorized ; also a 5 per cent one-year note for
street construction, to the amount of $50,000. City Treas­
urer George E. Clifford writes us that these loans will not be
offered in the market, as the disposition of same has already
been arranged for at home.
Floyd County, Ga.— (State and Cit y Supplem ent , page
167.) There has been considerable discussion over the elec­
tion which took place in Floyd County on October 17 to vote
on issuing $40,000 of 4 per cent bonds to pay off county
debts. Two-thirds of the votes cast were in favor of the
bonds, but it was claimed by some that two-thirds of the reg­
istered voters were necessary, in which case the bonds would
fail to carry. The decision in the matter has not as yet been
reported. The bonds, if authorized, will mature at the rate of
$5,000 yearly from January 1, 1900, to January 1, 1907.
Fran k lin County, Ohio.—(State and Ci t y S upplement ,
page 81.)— Sealed proposals will be received until November
21 by Henry J. Caren, County Auditor, for the purchase of
$37,000 of 5 per cent armory and market building bonds. In­
terest will be payable semi-annually, both principal and inter­
est being payable at the County Treasurer’s office, and the
bonds will mature at the rate of $3,000 yearly from October
13, 1894, to 1898; $4,000 yearly from October 13, 1899, to 1902,
and $6,000 on October 13, 1903.
H am ilton, O h io — (State and C it y S upplement , page 81.)
— The $50,000 of electric-light bonds recently authorized will
be voted on nest month. Jos. J. McMakin, City Clerk, writes
us that the rate per cent and date of maturity of this loan has
not as yet been determined, and will not be unless it is de­
cided that two-thirds of the electors are in favor of the issue.
.Jacksonville, F la .— (State and Cit y Supplem ent , page
168.)— The citizens of Jacksonville have voted in favor of issu­
ing the public improvement bonds to the amount of $1,000,000, which the Chronicle mentioned last month as being
under consideration. The loan will include $175,000 of sewer
bonds and $150,000 of paving bonds.
K lick ita t County, W ash.— Sealed proposals, stating the
lowest rate of interest not exceeding 6 per cent, will be re­
ceived until November 15 by Simeon Bolton, County Auditor,
for the purchase of 20-year bonds to the amount of $27,700.
The county has at present no bonded indebtedness, and its
assessed valuation for 1893 is $1,847,251.
K ingm an, Arizona.— John K . Mackenzie, County Treasurer
writes us that an election which took place at Kingman re­
cently to vote on issuing $10,000 of school bonds resulted in
the defeat of the proposition.
Ladd, 111.— Water-works bonds to the amount of $5,000
have recently been issued.
Low ell, Mass.— (State and Ci t y Supplem ent , page 26.)—
Austin K . Chadwick, City Treasurer, notifies the Chronicle
concerning a loan of $20,000 for sewers recently authorized
that same will probably be issued in the form of notes and
placed at home.
Lucas County, Ohio.— (State and Cit y S upplement , page
82.) Bids will be received until November 15 by the Board of
Court House Commissioners for the purchase of Lucas County
Court House bonds to the amount of $500,000. Interest on
the loan will be payable semi-annually at the rate of 4 per
cent, and the bonds will mature in 50 years from date of is­
sue, w ith «n option of call in 30 years, both principal and in­
terest being payable at New York City. One hundred thous­
and dollars of the amount will be delivered March 1, 1894, and
the balance, or so much thereof as is required, at such dates
as may be agreed upon between the Board of Commissioners
and the purchaser at the time of acceptance of the bid.
These bonds were authorized by an act of the Legislature of
the State of Ohio, passed March 14, 1893, and amended March
Manchester, N. H .—(State and Ci t y Supplem ent , page
14.)—J. B. Straw, City Auditor, sends us the following list of
bids which were received for the $100,000 of 4>£ per cent
water loan bonds offered for sale on October 20 :
Blodpett, Merritt & Co., Boston, Mass..........
R. L Day & Co.. Bostou. M a s s ......................
E. H. Rollins & Co.. Boston, Mass ...............
Brewster, robb & Estabrook, Boston, Mass.
Third National Bank. Boston. Mass..............
N. W. Harris & Co.. Boston. Maes..................
Blake Brothers & Co., Boston, Mass ............

Bid.
.3 06-090
105-586
104-630
,104-517
.103-456
103-410
103-400

The bonds were awarded to Blodgett, Merritt & Co., their
bid beiDg the highest.
Interest on the loan is payable semi-annually in May and
November at the Suffolk National Bank, Boston, Mass., and
the bonds mature November 1, 1913.
Meridian, Miss.—(State and Cit y Supplement, page 72.)
The election to vote on issuing $250,000 of sewer bonds will
be held in this city on November 14.

[VOL. LVII.

National City School D istrict, Cal.— Proposals will be re­
ceived until December 15 by Charles D. Long, Treasurer of
San Diego County, for the purchase of National City School
District bonds to the amount of $20,000. The loan bears in­
terest at the rate of 6 per cent, payable annually on January
1 at the County Treasurer’s office, and matures at the rate of
$5,000 yearly from January 1, 1901, to January 1, 1904. T. F.
Johnson, District Clerk, writes us that by misiake this loan
was advertised for sale on October 15. The district has at
present no indebtedness, and its assessed valuation, about onehalf actual value in 1892, was $1,010,804.
New Rochelle, N. Y .— (State and Cit y S upplement , page
50.)—Bids will be received until November 6 by John H . Fer­
guson, Village Clerk, for the purchase of registered highway
improvement bonds to the amount of $30,000. The loan will
bear interest at the rate of 5 per cent, payable semi-annually
on May 1 and November 1, by the Village Treasurer, and
$6,000 of the amount will mature each year on Mav 1, 1898
and 1899, $8,000 on May 1, 1900, $9,000 on May 1, 1901, and
$1,000 on May 1, 1902. Principal will be payable at the office
of the Village Treasurer, or at its financial agency in the city
of New York.
Omaha, Neb.— (State and Cit y Supplement , page 123.)
It is reported that $50,000 of sewer bonds of this city have
recently been sold.
Onawa, Io w a .— A . L. Sloss, City Recorder, notifies the
Chronicle that bids will be received for the purchase of
electric-light bonds of the town of Onawa to the amount of
$8,000, the bonds to bear interest at the rate of 5 per cent and
to run 20 years. The town has at present no indebtedness of
any kind..
Perry, N. Y .— H . A . Cole, Town Clerk, writes us that at a
town meeting held October 17, it was voted to appropriate
$2,950 for a bridge. H e states that the town has funds on
hand and that the report to the effect that bonds for this
amount would be issued is incorrect.
P o rt Huron, Mich.— (State and Cit y S upplement , page
99.)—W ater works bonds of this city to the amount of $10,000
bearing interest at the rate of 6 per cent and running five
years are being offered for sale.
Rochester, N. Y.— (State and Cit y Supplem ent , page 53.)
— No bids were received for the bonds which were offered for
sale on October 20, and Samuel B. Williams, City Treasurer,
informs us that the sale has been adjourned until November
3, The loans to be issued are east side trunk sewer bonds not
exceeding $400,000, and additional water supply bonds not
exceeding $1,000,000. Both issues bear interest at the rate of
%% per cent, payable by the Union Trust Company, New
York, that on the sewer bonds being payable January and
July and on the water bonds February and August. The
sewer bonds will be issued in series of $25,000 each, the first
series to become due January 1, 1922, and one each succeed­
ing year until all are paid, with privilege of paying all or any
part of the bonds after ten years from date. Toe water bonds
will run 50 years, with privilege of redemption after 20 years
from date.
Salem, Mass.— (State and Ci t y S upplement , page 30.)—It
is reported that bonds of this city to the amount of $50,000
have recently been sold, the bonds to bear interest at the rate
of 4 per cent.
Salem, Ohio.— (State and C it y Supplem ent , page 84).—
Bids will be received until Nov. 14 for the purchase of 6 per
cent bonds to the amount of $18,000.
Santa Barbara, Cal.— City Treasurer U. Yudart writes
the Chronicle in reference to the water-works bonds that
have been recommended, that same cannot be issued until
authorized by a vote of at least two-thirds of the electors of
the city. The election to vote on the proposition will not be
held until the latter part of November or the early part of
December, and the City Treasurer states that it is probable
that a $300,000 loan will be voted on, $215,000 of which
amount will be for the purchase of water-works and $35,000
for constructing additional reservoirs, &c. In another column
of this Department is given a statement of Santa Barbara’s
debt.
Scranton, P a.— (State and Ci t y Supplement , page 70.)—
City Clerk M. T. Lavelle writes us that an ordinance is pend­
ing in the City Council providing for the issuance of bonds to
the amount of $144,000, for the refunding of a previous issue.
W est Carrollton, Ohio.— Charles Christman. Village Clerk,
will receive bids until November 13 for the purchase of bonds
to the amount of $12,000.
W est Side, Iow a,— City Treasurer John Rohwer writes the
C hronicle in reference to an election which took place at
W est Side on October 10, to vote on issuing $3,000 of water­
works bonds, that the proposition was voted down.
W h ite Fish Bay, W is.— It is reported that the people of
W hite Fish Bay have recently voted in favor of issuing bonds
for an electric railway.
W inton Place, Ohio.— R. B. Poage, Village Clerk, writes
the Chronicle that the $1,870 of assessment bonds offered
for sale on October 16 were awarded to the Atlas National
Bank of Cincinnati at par. The loan is dated September 1,
1893, bears interest at the rate of 6 per cent, payable annu­
ally, and becomes due at the rate of $187 yearly from Sep­
tember 1, 1894, to September 1, 1903, both principal and in­
terest being payable at the Firt National Bank of Cincinnati.

OcroBEB 28, 1898. J

THE CHRONICLE.

Woburn, Mas*,—(State and City Supplement, page 32.)
A loan of 823,000 for sewers has been authorized by the
Council.
Yonkers, >'. Y.—'State a n d C ity Supplement, p-ige 56.)—
Proposals will he received until October 80, by James H.
Weller. M ty>r, for the purchase of 891,808 18 of 4 p ercen t
street-paring bonds and 821,000 of 6 per cent assessment
bonds.
____________
S T A T E

AN D

C IT Y

D E B T

CH AN G ES.

735

printed the Norwich debt statement as corrected to date by
one of the city officials. Since then we have received the latest
figures from the town anthorities, and the report as given
below includes the new figures from both town and city. The
grand list for the town will not be completed before the first
of November this year, but the figures will probably not vary
much from those reported under date of October 1,1892.
Norwich is in New London County. The city and town
have separate governments, keep separate accounts and have
separate debts,
LOANS—
.— Interest— , i---------Principal.---------,

"We subjoin reports as to municipal debts received since the
last publication of our State and City S upplement,
NAME AND PURPOSE.
Rate. Payable. What Dae.
Oulstand'y.
Some of these reports are wholly new and others cover items
Car o f N o r w i c h D e b t .
debt bonds, ref., 1883---- 1 A & O Oct. 1, 1913 8125,000
of information additional to those given in the Supplement , City
Court house— ..................... 7 J it J Jan. 1, 1905
104.000
Sinking fund bonds of 1877... 5
A <fc O Apr. 1, 1907 100.000
and of interest to investors.
do
do 1878... 5
A A O Apr. 1, 1908 *150,000
150.000
California—Santa Barbara.—EL W . Gaty, Mayor, The Water fund bonds.................. 6 J A J Jan. 1. 1398
do
do 1890........... 5 J & J Jan. l, 1910
50,000
following statement concerning the finances o f Santa Barbara
T o w n op N o r w ic h D ebt .
semi-fin.
1905
7
Court
house
bonds.............
160.000
has been furnished to us by (J. Yudart, City Treasurer, In
1913
Town debt bonds.................. 4 genii an.
175,000
addition to the bonds described, it is proposed to issue water­
Subject to tall after 1893,
Town
deposit
fund................
6
annually
.............
13,301
works bonds for about 8300,000, subject to a vote o f the peo­
•Of these $100,000 are refunded water bonds.
ple. No report from this city appeared in our recent S upple­
PAR VALUE OP BONDS.—Tlio city’s bonds are all for $1,000
ment, Tbe bonded debt below includes accrued interest.
each.
Santa Barbara is io Santa Barbara County,
TAX FREE.—All the issues of city bonds are exempt;trom tax
LOANSWhen Due. Tax valuation, real........$ 3 ,9 7 5 ,1 4 9 atlon.
B o c i -e v a k o B o n d s —
Tax valuation, per*’!... 539.825 ;
INTEREST on city bond* is paid by city treasurer, and in some cases
5 a, Mar.. $ 0 9 ,8 2 5 .. Mar. 25, 1R91 Total valuation 1993.
4.514.974
(part due yearfyi to Mar. 2 5 ,1 9 1 2
Assessment Is »* actual value.
in Boston also.
OOTraU, Sbweb BondsState tar ( p e t *l,000> ...... $5-700
TOTAL DEBT.—’The subjoined statement shows tlie city's total
5 a, Oet-.pl9.952...... <> T 22, 1893 County tax (per St.ooo, ... 5-294
(part due yearly) to Oet. 22, 1911 city tax (per $ 1 ,0 0 0 ) ....... 15n o
debt on the 15th of May of each of the last four years.
Bonded debt Occ. 17, ’93 .S88.777 Aver*** school tax
...... 2-50
1893.
1892,
1891.
1890.
Floating debt ....... ..........29,120 . Population In 1800 w a «......5,964
bonded debt of city......$984,431 $799,000 $799,000 $799,000
Total debt Odfc 17. 1893...117.903 Population to 1840 w*«....... 3,460 Total
Certificate's outstanding.......... 28,811
.......................
185,431 105,431 165,431
INTEREST on the boulevard bond- I*payable at the Chemical
Total....,...................... $993,242 $904,431 $904,431 $964,431
N a t io n a l Bank, New York; on s e w e r bond* at Santa Barbara.
Balance In treasury..........................
21,175
31,078
32,800
Connecticut—Norwich.—<State and C ity Supplement,
Net debt on Way 15..................... $943,256 $932,753 $931,631
page 89.)—Calvin S, Harwood, Mayor. Some weeks ago we Water debt Included above.. .$300,000 $300,000 $300,000 $100,000

N E W LOANS.
Notice of Sale of Bonds.
Notice !* hereby given that the Board a t C ourt
Commissioner* wiil sell to tbe highest bidder
House, in the
Offer »t T oledo, Ohio, at II o’cioet a m. o t Wedtie.
dar. November U . 189#, the followlog-deaeribed
loca* County Court House Bonds, * a
Five hundred <#00) hood* of on® thousand
dollar* each, payable flfty iw > years from the date
of their issue, and redeemable thirty (SO) years from
the date thereof a? the option of the Board of
County CammtMtoaan.. “eld Bond* shall bear In.
forest at. the rat® of four per cent pet annum
parable itewt- annuaiiy, principal and Interest pay.
ablest Ne« York Ctty. at a place to be designate.-!
hereafter by agreement between the Board of Com­
missioners and the purchaser of said bonds. *K*v
©w of said bonds snail b* delivered March 1, MM,
and the balance, or m ranch thereof as is required.
*t SMb dates a* m*y be agreed upon between tbe
Board f t u»te®i»*tbu«r* and the pnreoaser at the
time of uKpptu.es of tbe bid.
The MMMtonty i t the t-wue of said bonds i* found
B oam

or bidder* at their oBSce In the Coart

! M arch &
"! "left..
hl-

% :^ imu>nen

BJ order at the Board of Court House Commit

Stoners.L ae** County. Ohio.
UHA3. If. JONES, County Auditor.
Toledo, Ohio, Sept 48. v m .

City of St. Louis, Mo.,
G O L D , 4 P E R CE N T B O N D S .

City of Detroit, Mich.,
I PER

cent

bonds

.

N E W LO A N S .
C H O IC E

NEW

IN V E S T M E N T S
IK

$25,000

Street Railroad and
Municipal Bonds.

CITY

PRICES T O SU IT T U K T IM E R

Convetpondeae* Invited.

Lamprecht Bros. & C o.,
CLEVELAND.

We offer the shore subject to sale at 102 and interest.

CHOICE

BONDS.

10.000 Ooiumtm*, O hio, <5*. P rice 101 and interest.
mmr B n ialoO b Pa** B ch oot S». P rice 100 and

10.000 Qilf’fwjw’a

FaU#, Wl*„ 0». Price 10©and InterVMI Superior, W K «#. Price lo»*and interest,

§0*000 St*ten laland Railway Co. Set m ort, gold
per cen t, d u « 19*3, m e fim im u l b y M M m
l.var.fl R apid T ran sit I ft. Co. P ric e , 1 0 i and
In em to rn are in vited to call, -write, o r teleg ra p h
o a r e x p e n s e , to r prices on o th e r c h o ice bonds.

C. H. W H I T E
T2

&

X p c c la lt le e i

2S STATE STREET, BOSTON.
5

N ASSAU

S T ..

NEW

YORK.

at

B R O A D W A Y , N EW

BOND S.

Y O R K .

City o f Cincinnati Coupon 4ft*

W . J. Hayes

&

Sons,

Street R a ilw a y Bonds and o th e r high g ra d e In­
vestm ent#.
] 0 W a ll S tr e e t,

t E xchange P lace.

R ail on

C ity o f Cincinnati C o ld 6 m.
C ity o f C incinn ati Coupon 7 3 4 0 8 .

Stark County Court House 6#.

B A N K E R S,

New York.

Cable Addi-ess. “ R E N N B T O .”

N orw o od , O hio, W a t e r
L in w oo d , O h io, W a t e r $«•
W ilm in g to n , O hio, T ow n H a ll *5**.
PARTICULARS UPON APPLICATION.
FOR SALE a r

Rudolph Kieybolte & Co.,
IN V E S T B U N T

G eo. M . Huston & C o.
BOND

AND

STOCK

DEALERS.

We buy and *ell untrlghtall Wenteru
Municipal Bond* and Stock*. We
cheerfully furnish full and reliable in­
formation concerning any Western m

.m u n i c i p a l ,
ST R E E T R A IL W A Y BO N D I
and
R A N K ST O C K ?,

Blake Brothers & C o.,

CO.,

BANKERS,

a w a ll s tr e e t.

53 Broadway, N e w York.

Coupon or registered .

In denostnation of 41,000 each.

BOSTON.

3 1 1 -3 1 3 S u p r r l o r S t .^

Edward M orton & C o.,

Water Loan 4° 0 Bonds,

S T ., N E W Y O R K .

Dealers in MUNICIPAL BONDS.

Farson, Leach & C o .,

OF T A U N T O N ,

Due J u ly 1, 192-2.
45 W A L L

Legal Investment* for New York State Saving*
Banks and Trust Fund*.
P rice* and P a r tic u la r * upon A p p lic a tio n .

LOANS.

New issues o f municipal bonde wanted.
8 0S P IN E S T R E E T , S T , L O U IS , M O ,

CINCINNATI

BANKERS,

OHIO.

____

H ackett & H off,
SEAL ESTATE ANl> INVESTMENTS,
96 lYHchtgan S t., iTCIlwaukee, W I»,
First M ortgage# o n im p ro v e d M ilw aukee Real
Estate, bearing alx and seven per ce n t Interest
alw ays on hand. N o ch arge to the Investor fo r c o l­
le ctin g Interest o r lo o k in g a fte r taxes and fire Insur­
ance. A b so lu te security.

THE CHRONICLE.

7E6

Total town debt September 1, 1893, was $348,301; sinking fund,
$13,927 85; cash on hand, $15,712 9 0 ; taxes due, $6,203 63. The
town’s total debt on September 1 ,1891, was $314,471.
The sinking fund receives yearly hi mill on city list.
C ITY P R O P ER TY.—The city owns property valued at $971,036.
This includes buildings, fire department, etc., as well as water works^
which are held at $600,000. In the year 1891-92 the regular receipts of
the water works were $45,626; expenditures $27,144; interest on
bonds $16,000; surplus $2,482.
ASSESSED VALUATION.—The city’s assessed valuation and tax
rate have been as follows, real estate being assessed “ at % cash value.”
Real
Personal
Rate o f Tax
Years.
Estate.
Property.
Total.
p e r $1000
1893........................................................
$10,062,220
$10-00
1892...................................................................
10,068,848
10 00
1891....................................................................
9,881,025
1000
1890 ..................................................................
9,955,810
9-50
1887............... $7,539,329
$2,381,600
9,920,929
950
1883............... 7,392,767
2,658,058
10,050,825
9-00
1880................ 7,438,097
2,976,028
10,414,125
800
The town grand list on October 1, 1892, was $13,527,356; tax rate
(per $1,000), $4-50, this being additional to city tax as above given.
POPULATION.—In 1890 population of city was 16,192; In 1880 it
Was 15,112 (Including town, 21,145)
Georgia— Savt.nnali.—(S t a t e and C i t y S u p p l e m e n t ; page

168.)— J. J. McDc nough, Mayer.— City Treasurer C. S. Hardee
has corrected to date our report of the indebtedness, valua­
tion, etc., of the City of Savannah, and we give the revised
statement below. It will be niticed that the $3,200,400 of a
per cent redemption bonds mature Feb. 1, 1909, instead of
1901, as heretofore incorrectly reported. In the table show­
ing the city’s total indebtedness tl.e latest figures given are
dated Jan. 1, 1893, but since then there has been so little
change that the debt at present remains substantially the
game. During the year 1892 bonds to the amount of $39,700
were purchased by the sinking fund and canceled, the prices
paid by the city for these securities ranging from 104 to 104%.
Savannah is the county seat of Chatham County. Prior lo
the year 1876 the city’s bonds were all 7s, but since that date

a compromise has been made with the bondholders and all
but $6,600 of the old bonds have been exchanged for new ones
bearing 5 per cent tax receivable coupons.
The city of
Savannah is prohibited by law from issuing any bonds in
addition to those outstanding at present.
LOANS—
-— Interest.— , ,----------- P rincipal.-----------.
NAME AND PURPOSE.

Redemption bonds......... 1879
do
do ......... 1883

Net debt on January 1. $3,494,450
$3,555,150
$3,585,850
The sinking fund receives yearly $31,000.
W ATER W O R K S.—Tire water works owned by the city were built
in 1853-4, and subsequently improved at a total cost of $1,000,000.
DEBT LIMITATION.—The city is debarred by State law from issu­
ing more bonds.
ASSESSED V ALUATION.—The city’s assessed valuation (about H
of its cash value) and tax rate have been as follows;
Personal
Total Ass.
Tax Rate
Real Estate.
Years.
P rom rty.
Valuation.
p er $1,000.
1893... . .$21,386,408
$15-00
$12,033,195
$33,424,663
1892... .. 20,318,137
12,480,259
32,798,386
15*00
11,200,000
32,600,000
1891... .. 21,400,000
15*00
189 0 ... .. 20,000,000
11,800,000
31,800,000
15*00
9,112,832
24,103,822
1889... .. 14,990,990
21-25
8,958,964
22,600,897
21-25
1887... .. 13,641,933
8,112,997
21,168,966
188 5 ... .. 13,055,969
21*25
The tax rate as given above ($15-00) is gross rate, the net being
$13-50. In former years when the gross rate was $21-25 the net rate
was $19-13.
POPULATION in 1890 was 43,189; in 1880 it was 30,709; for 1893
it is estimated at 50,000.

M ISCELLA NEO US.

TH E

IN V E STM E N TS IN TIIE SOUTH.

DBS M O IN E S , I O W A .

CAPITAL PAID UP,

9150,000.

Choice Investments In the m ost Conserve,
liv e F ield In the W ent
Guaranteed F im Mor>gages on improved land.
In Iowa and Eastern Nebraska. Safe and Deslrabn

SIX PER GENT

F ifteen Yen.ru’ Successful Experience.
Send lo r P am phlet.

W . A. H OTCH KISS,

9 E 0 . H. L E W IS

Secretary.

President.

G. R. Voss,
Commercial Paper,
Bonds, Stocks and Investment Securities.
508 FIRST NATIONAL BANK BUILDING.

Omaha, Nebraska.
------------------------- *----------------------------------------- .-----.—

W M . FRANKLIN HALL
BOOKS

ACCOUNTANT AUDITED

New formB designed for books of account.

Exchange Banking Sc
Trust Company,
CHARLESTON, S. C.
T ra n sa c ts a G e n e ra l B a n k in g and T ru st
B u sin e ss. S a v in g s D e p a rtm e n t. In tere st
A llo w e d on D e p o sits.

AM D

V IC IN IT Y

D e a lt In by

Jos. O. Osgood,

SEARS & W H I T E ,

BROADW AY,

NEW

Successors to
EUGENE R. COLE,

YORK.

Makes specialty of reports on railroads and other
Investment properties.
Examinations made In any part of the oount y.

S T A T IO N E R S A N D

C o n s u ltin g

B.

P R IN T E R S .

Supply Banks, Bankers, Stock Brokers and Cor­
poral ions with complete oubtRs of Account Books
and Stationery.
tJT' New concerns organizing will have their
orders promptly executed.

N o. 1 W IL L IA M
EDM UND

STREET

K IR B Y ,

m in in g
E n g in e e r
m e t a llu r g is t,

and

No. 9 Windsor Hotel Block, Denver, Col.
SPECIALTY.—The Expert Examination of Mlnii g
investments and Metallurgical Enterprises.

The United States Life
Insurance Co.
IN T H E C I T Y O F N E W

YORK.

OFFICERS.
G E O R G E H . B U R F O R D , Presid ent.

OF

P IT T S B U R G

9 0 F O U R T H A Y E ., P I T T S B U R G . P A .

120

1893.

M UNICIPAL SECURITIES

418 Exchange Building, 53 State Street, Boston

E N G IN E E R ,

1850.

0. P. FRALEIGH ........................................... Secretary.
A. W HEELWRIGHT................. Assistant Secretary
WM. T. STANDEN......................................... Actuary
A RTHUR C. PERRY......................................... Cashier
JOHN P. MUNN..!............................ Medical Director
FINANCE COMMITTEE.
GEO. G. WILLIAM8..............Pres. Cbem. Nat, Bank
JULIUS CATLIN......................................... Dry Gooda
JOHN J. TUCKER..............................................Builder
E. H. PERKINS, JR., Pres. Imp. & Traders’ Nat. B’k.
The two most popular plans of LIFE INSURANCE
are the CONTINUABLE TERM POLICY which
gives to the Insured the greatest possible amount of
Indemnity in the event of death, at the lowest possi­
D IR E C T O R S .
ble present cash outlay; and the GUARANTEED
A. S. J. P e r r y , of Johnston, Crews & Co., wholesale INCOME POLICY which embraces every valuable
feature of investment insurance, and which in the
dry goods.
W illiam M. Bird , of Win. M. Bird & Co., wholesale event of adversity overtaking the Insured may be
used as COLLATERAL SECURITY FOR A LOAN,
paints and oils.
to the extent of the full legal reserve value thereof
James A llan of James Allan & Co., Jewelers.
J. H. F. Koenio , with Knoop, Frerlchs & Co., cotton in accordance with the terms and conditions of these
policies.
exporters.
Good Agents desiring to represent the Company
Geo. B. E d w a r d s Pres. Klectric-Light & Power go
are invited to address J . 8 . G A F F N E Y , Super­
intendent of Agencies .at Home Office.

Jas. Carothers,

C O N S U L T IN G

M ISCEL LA NEO US.

Investments made (at usual rates of commission)
in safe and reliable interest-paying Southern securi
ties, and 1st mortgage loans on improved city and
town real estate. Correspondence solicited as to
all Southern investments. Being within easy reach
of all parts of the South, thorough and careful in­
vestigation can be made of Intended Investments by
purchasers.
O F F IC E R S .
GEO. B, EDWARDS, President.
P. N. PICKENS, Cashier.
R. E. MUCKENFU'S. Secretary and Treasurer
J. LAMB PERKY, Solicitor.
8MYTHE & LEE, General Counsel.

Settlement of Insolvent Estates.

M. Am. Soc. C. E.,

P. 01. Payable. When Due. Oulstand’y.
5
Q.—F.
Feb. 1,19 0 9 $3,200,400
5
Q.—J.
Jan. 1,19 1 3
318,450

PAR VALUE OF BONDS.—Bonds are for $100 and multiples of
that amount.
INTEREST is payable in Savannah and in New York at the oitlce of
Eugene Kelly & Co. Coupons are tax receivable.
T O T A L DEBT, SINKING FUNDS, Etc .—The subjoined statement
shows Savannah’s total municipal debt and the sinking fund held by
the city against the same on the first of January of each of the last
hree years.
1893.
1892.
1891.
Total bonded debt............... $3,525,450
$3,585,850
$3,615,850
Sinking funds......................
31,000
30,700
30,000

M ISCELLA NEO US.

Lewis Investment Co.

[V ol. LVII.

T H O M A S B R A N C H & C O .,
BANKERS AND BROKBR8,
R IC H M O N D , V IR G IN IA .
Investment Securities a Specialty. Private Wire
to New York.

NEDERLAND
Life Insurance Co., L’d.
E S T A B L I S H E D IN 1 8 5 8 , IN A M S T E R ­
DAM, H OLLAND.

Assets to Liabilities, 159 Per Cent.

New System of Life Insurance,
COMBINING LOW RATES W ITH AMPLE SBCUR1TY. UNPRECEDENTED INDUCEMENTS
TO THE INSURABLE PUBLIC.

U. S. Office, 874 Broadway,
Corner 18th Street, New York.
AGENTS

W ANTED.

THE CHRONICLE.

O ctober 28. 1888, J

Georgia.—{State and City S upplement, page 165.)—The
following corrected statement of the debt, valuation, etc., of
Georgia has been received from Robert U. Hardeman, State
Treasurer:
LOANS—
— htitrtdf,— --------- Principal.---------.
NAME AND PURPOSE,
F. Ot. PttyabU. When Due. Outtland’s.
i'lmitlnu
1*7*1............ . 7 J A J July 1. 1896 8542,090
R«deraBtion IxjimIs, 1892....... 7 M A X July 1. 1922 207,".00
Basftulffibsss bonft*—Act ” f 188-1 -1L' J A J Jufjr 1, 1915 3,392JKK)
2 bofi'l-—Act ot 1807 1% J
A ,f JiiTi.,’98-11)11, 1,900,000
*100.000 payable each year.
ItefffCfliliEf hhDil s-- Act ot 18^9 3% J A ,J Jail»,10l7'*35 1,833,000
3100.W3® payable yearly, 1917 to 1 9 3 s, and *3:1,000 In 1035.
State University bonds......... 7 J if J 1033 to 1012
275,500
Falling due as foBtrw* : *62.000 April, 1933 ; *06.000 April, 1934 ;
*92,000 June. 1035; $2,060 July, 1036; f 15,000 February, 1939;
$3,000 October, 1940; and *2,500 July. 1942.
PAR VALUE OF BONOS.—Bon-’ , are in pieces of *500 aud *1,000.
INTEREST is payable in Atlanta, On., and at the National Park
Bank ot Hew York City.
BONDED DEBT —The valid bonded debt of the State of Georgia on
the 1-t of Octobrr. 1993, v-t- *-,15l,.VH», of which ' r, 119.500 wa <
lntereet-twaring and *5,000 was past doe aud non Interest bearing.
The eontfngentltabUlttea of the State wen: $ Ml,090 of South Georgia
and pjorida Kit. bonds. Indorsed by the State of Georgia, and *260,000
of Forthwe tern BK. bonds, ixidorsedln like manner.
STATE PROPERTY,—The state own* the Western * Atlantic Kit,
extending from Atlanta. G, l*>Obattanooga, Term., 13S toil' - and has
leaned it for 20 rears from December 27,1890, to the SaabviUe Chattacoops A St. l»iil« BK. Company at a rental of *120,012 per annum.
DEBT LIMITATION.—“ The bended debt ot the State -hall never be
increased except to repel invasion, .oppress inattrrectlon or defend the
State in * moot war" (notssUtulion of 1877, Art. IV, 6ee. 12, Par. 1.
ASSESSED VALUATION.—The St,,'.,- * nMtsmoA valuation and tax
rate have been a- follows.
Yearn. Krai Stlate.
Kailrtnuli.
Total. jljWhh
1893.....S253.754.634 #156,800,Tl» *41,355,247 *452.000,000 #1-61
I n i .... 258,877,*30 162,271,679
463.753,534 4*83
JMl .......................................... 42,383,2.87 414.060,755 .......
1890..... 225,034,013 152,311,860 38,462,161 415,828,943 3*50
1880..... 205,731,936 U0.D*«,!*0i 34.230,477 380,189,314 4 00
1883,..,. 195,616,435 1»2,240,«»« 20,304.127 357,167,458 8*56
1mb..... 179,016,059 119/200,739 22,548,918 321,605,010 , ..
1880..... 489.657,200
09,370/476 12,400,535 281,434,651 8*50
187®.—
*261,755,»H4
.............. 301,755^84 . ...
1070.....
220,110/519
....... -...... 220,110,510 ......

737

Indiana—Blackford County—Tbi* statement concerning
the finances of Blackford County has been furnished to us by
W. B. Fortner, County Treasurer. No report from this county
appeared in our S upplement .
County seat is in Hartford City.

LOANS,
When Due Total valuation 1893...$0,000,000
Co u r t H o u s e B o n d s .
Assessment is % actual value.
5,. J.AJ , $60,000 ...July 1, ISO State tax (per $1,000) ......... $10 0
(part duo yearly) to July 1, 1913 County tax (per f-1,000).... 4 50
Total debt Oct. 1,1*93... .$60,<hmi Average school tax «..._ 135
T;lc valuation, real .. $3,052,000 Population in 1890 was....10*461.
Tax valuation, personal 2,348,000 Population in 1 8 8 0 was_ 8,020
INTEREST is P&yble by Wtnalow, Lanier & Co., New York.
Iowa.—(State and City S upplement, page 108.)—The fol1 >wmg statement concerning the financial condition of the
State of Iowa has been corrected by means of a special report
from Byron A. Beeson, State Treasurer.
TOTAL DEBT.—Iowa has at present no debt of any kind. Its 8 per
cent
nt bonds to the amount of $234,498 01 issued to, aud which were
held in the Permanent School Fund, having been paid on April 19,
1892.
EQUALIZED VALUATION. -The equalized assessed valuation*of
t andt
and
telegraph property re_____ and
___ of ,pormtmk railroad,„ telephone
...........
.............
•jKMtfraftf have been a* follow* la the years named :~
Lands.

Personal

H a il roads. Telh. Vos.

Pram—
ComUtrn ...................f2 ,$29,088
i mmmmm
.. 224,302
State officers* fern.......
05.746
Teles* and telep. m/n...
40,405
Tempoturf mhmL.....
26,361

CHICAGO.

C H ICAG O .

Telephone &

Property.

Total.

f
$
$
$
•$
1$9311..408,053,02® 112,810,334 44,987,830 672,172 566,529,971
1892..
..376.181.276
112,882.577 44,924,456 673,440 534,661,755
1891 ....370,181,270 100,715,601 44,798,174 073,385 531,368,520
1890__ 374,753,112 103,543,204 42,902,608 663,874 523,862,858
1889 ....374,753,112 103.564,130 43,591,410 658,819 522,507,477
1 8 8 8 ..
.-359.982,086
100,790,562 43,528,501 591,731 501,901,880
1 8 8 5 ..
.853.014.837103,37*2,905 31,672,339 293,046 488,953,127
1880.. ..803.3$ 1,498 82,638,055 23,646,161 152,706 400,019,020
1875..
..204.313.36879,032,806 22,076,876
395,123.140
1 8 7 0 ___222,561,001
71,971,101
294,532,252
GENERAL REVENUE.—The mmHm from which the State derived
tt» fpmeml revenue In the period from July 1 ,1891, fa July 1,1893 la
thnwn In the folio wlmg;—
Dlreet war tax.......... $384,275
Mim&ltmRmnm...........
7/717
V, B. for Selcller** Horae 71,896
Total of alt . ..............„ 3,679,700

CHICAGO.

The
Title Guarantee & Trust Illinois Trust & Savings
EquitableT rustCom pan)
Company
Bank.
OF

ISA H M IlNI'HN ST., CHICAGO.

------------

ACTMOUIZED BY LAW TO RWKIV*

iu !

•*.

« > i « tru»t* ot t m , n w K t w froto *,an#.*».r*<>r.

IcadlaAMAHkl*- TM mmun eb*r»* otn u w .
A « « M agost tor Urn rm m tn ot tend* and M»M * MMt u » w

ad*. A l«ws;
1NTB K S S T A L L O W K U ON DEPOSIT f ot * » • >
white m*f Dotoado « t e oj tlm* *ad w u h.r.w u »ft*r

Set .!»„• a«W*. or « * B**d dot*.
sratsr rvsm as*o trust

inymsteent*
*r* k*s- Mpwei* <u>4 apw. tram tb« u r n of tea

AZBX. r. HATCH,
M. W. EBBW1.1

WBBCTOflB
CMAS. H. HULBCBb.
« » , N.CULVBR.

m u m BUBBNs,

m jkom tm um m srnji,

J .K . WALrfIJ.

B AM LKI. II. W Atti)

orro rouNo
J. K, t i i f f l ,
chao.

U r p o .l i. d W i lt N u u . AwAUwr. .

tnataa. 8rn4Ual**. lo4ial4ael**e4 Corporation*.
Treat motwrya axil traat i k m u w lap*, aaparkt*
fro* te* irn ta ot tb* Ooaswuaf.
C O H R M U H K U H i;! S * U l IT K B .

orncRBft
aw run oabrntt. i w u b i

Bliss, Fabyan & C o .,

A . H. -K U .E M A v»o*.Pr*rt4«at.
tB C H lB A L D A STEW A A T, S*ex*t*rr."
C H A R JL LAB&ABIEA, Tr*M sr«r.
H U N K U . gE L L E K A Treat 0*c«r.
OliOt'.TOBS

i L t s v h m m a , vu * .P r«ia w u .
SAMOA*. Ia. W ARD . Trtm m tr.
LYMAN a . WALTON, mervmat

K * »b * r» Naw T o ri *o l OMINEQ Stock K*eh*e««.

BKOW I

* «4 B L E A C H E D M H IR T IN G N
»» 4 S H E E T IN G * .

o o o H sn

i *4 w a r

E fc «

HERMAN

SCHAFFNER

t* C O .

COMMERCIAL PAPER,
100 Washington

Chlcaifo, III.

---------------------------------------------------------------------------------------

Loeb & Gatzert,
M ORTGAGE HAW KER*
V f H K E T , C H IC A G O .

MW » NB, * 1 S> » 4 Xl a t ear . . ! Spatpwbl*
c SI* sG *S
U.
G m m m m m m tca eoucirsa.

SECUR E BANK VAULTS.

A . G . Becker,

HTKKET.

Ibtawt# wlr* so Saw T«r» a®4 KblS*4*IphU.

Tw w ala, D a lit* . W h ile Uoo4* »i>4 H o a le ry .
D rU lt, Sheeting*, fe... for E rf n r I Trade,.

* r»®0«: B. ChAt*.

Ctlea**, 111*.

LA SA L L E

N E W Y O R K , 8 0 M P 0 N .E B I L A D E L P H I * .
Meu-INU A o k w t * »OR L e a j h n o B r a n d *

P R lim . DENIMS, TICKS, DUCKS, Ac.

k T O C K F -B O X D # ,

IK

INTKRKST ALLOWED ON DEPOSITS,

M 0 ,(lM

omr.Kua

DBAKBOKX

A B I T A L A N D N l t t l 'L l m , - * 3 ,5 0 0 ,0 0 0

O O A B A N TE B b T IT L E S TO H B A L W T A T A
M AE KB A BSTR AC TS O f T I T L E .
D i m l t , « l , n In real
tx a H tlM
*r«teeilw B K * e r4 .4 b r » « a i t . r * r * i .n at
SwlB« t i B a w i .
I , » 0*.e.,rttw1 b, i M R M t u Ile»l*tr*r Af l u c u
*«4 Boe « * Rxweav.T. Kecwlvw « e 4 Treat** for

famieson & C o .,

1*7

H TH K fc T.

- - $500,OOC OavtlAl,
t l.6 0 0 ,0 0 0
t’a llillM eora Ins*. Uela4les
* 50.00C
•
J3 B .0 0 U

CAPITAL, PAID UP,
SURPLUS,

C H IC A G O , IL L .

CHICAGO,

9*4, » * A* tte W A N i m i t i T O B

a.

% 81.ADOHTNK. M.mbW N. T. Stoak KzaAaes*.

eM. r . BAKER. I « H > OblOMO gtoek Baehatwa.

O . Slaughter & C o .,
B R U M ,
1 1 1 -1 1 3 L A S A L L E S T R E E T ,

C H IC A G O , I L IA .
Chicago Secarltlc* Bought and Sold.

GENUINE

Wa

AELDED CHROME STEEL AND IRON
a
3*nnot
!

A“‘ " i
Cot, or ... . . . and potittre.r
Homier- Proof.
C H K C A 8 S T E E L W iIR K t,

tolo M*n'r*r*l«lth«t!.8.

HUOOKLYS. N Y.

A rch ’d, J. C. Anderson,
PUBLIC ACCOUNTANT,
137 W a u e r S tre e t,

-

NEW Y O R K .

788

THE CHRCNICLE.

IV ol. LVIL

Kentucky— F ra n k fo rt— (S t a t e a n d C i t y S u p p l e m e n t , | ’ W A T E R A N D L IG H T B O N D S .—These bonds,familiarly known as
page 158.)—Richard Tobin, Mayor.)— W e have received the the “ Austin Dam Bonds,” are part of an issue of * 1 ,4 0 0 ,0 0 0 author­
following corrected statement of the debt, valuation, & c ., of ized in 1890 for the purpose of constructing a dam across the Colorado
River, and establishing a complete system of water works and
Frankfort from A. H. McClure, City Treasurer.
I elec tric lighting. This bond issue has been involved in protracted liti­
This is the capital of the State and the County seat of gation instituted by the Austin W ater, Light & Power Comnany, a pri­
vate corporation which is now supplying the city with w a te r; but a
Franklin County.
LOANS—
When Due.
B r id g e B onds —
— , M &8, * 50 .0 0 0 ......... July 1, 1923
.
Subject to call.
F u n ding B onds —
s, J&J, $ 2 5 ,0 0 0 ....* July 1, 1904
s, J&J, 3 5 ,0 0 0 ....... Juno 15, 1906
s, J&J, 1 0 ,0 0 0 ...*Jan. 1 ,1 9 1 1
s, J&J, 1 9 . 5 0 0 . . . . July 1 ,1 9 2 3
b K e n t u c k y M id l a n d RR. A id , F&A, *1 0 0 .0 0 0 . ..A u g . 1, 1918
b L o t t e r y B onds —
s, J&J, * 5 0 ,0 0 0 ........‘ July 1 ,1 9 0 5
a * 5 0 0 eacli. b *1 ,0 0 0 each.

66
66
63
6

6
6

a S c h o o l B onds —
s, J&J, * 1 0 ,0 0 0 ....... ‘ July 1, 1904
5s, J&J, 1 1 ,0 0 0 ......... July 1, 1906
a S e w e r B onds —
s, J&J, * 1 0 ,0 0 0 ......... July 1, 1906
Total debt Out., 1 8 9 3 .... *3 2 0 ,5 0 0
Tax valuation 1 8 9 3 .......... 3,2 0 0 ,0 0 0
State tax (per * 1 ,0 0 0 )...
*5 -2 0
County tax (per * 1 ,0 0 0 ).
500
City tax (per * 1 ,0 0 0 )___
12 00
Average school t a x .........
100
Population In 1890 w as..........7 ,8 9 2
Population in 1 880 w as......... 6,958

•These loans are held by the sinking fund for the benefit of the school
fu n d : principal is not payable and interest is used for tbe support of
the public schools.
To offset its debt the city owns gas bonds, face value * 4 0 ,0 0 0 , Ken­
tucky Midlaud preferred stock, face value *1 0 0 ,0 0 0 and Kentucky
Midland first mortgage 6 per cent bonds *1 1 0 ,0 0 0 .
IN T E R E S T on tbe * 1 1 ,0 0 0 of school bonds is payable at the Farmers’
B a n k ; on the * 2 5 ,0 0 0 of funding bonds, the $ 1 9 ,5 0 0 of funding bonds,
the railroad aid bonds and the bridge bonds at the Bank of A m erica;
on aH other bonds at the Bank of Kentucky.

Texas— Austin.— (S t a t e a n d C i t y S u p p l e m e n t , page 176.)
— The following statement of Austin’s bonded debt valuation,
etc., has been corrected to date for the C h r o n ic l e in the
office of Mayor John McDonald of that city.
This is the capital of the State and the county seat of Travis
County.
LOANS—
When Due.
Ci t y B onds —
10s, J&J, $ 3 3 ,5 0 0 ........Jan. 1 ,1 8 9 4
10s, J&J, 3 9 ,0 0 0 ........Jan. 1, 1895
R e f u n d in g B onds 69, J&J, * 1 2 ,5 0 0 ..........................1901

6

s, J&J, * 4 0 ,0 0 0 ..........July 1 ,1 9 0 4
‘ W a t e r an d L ig h t G o ld (1890)—
5 g., Q,—J „ * 9 6 2 ,0 0 0 .-July 1 ,1 9 3 0
Subject to call after June 3 0 ,
1 9 10, in numerical order.

P A CIFIC COAST.

Merchants National Bank
OF S E A T T L E , W A S H IN G T O N .
UNITED STATES DEPOSITARY
Align* Mackintosh, Pres. |Jno. B. Agen, Yioe-Pres.
Wm. T. Wickware, Cashier.
C a p ita l) $ 2 0 0 ) 0 0 0 I S urplus, etc.) $ 4 0 ) 0 0 0
In tere st-b e a rin g C ertificates o f D epositSuperior Collection Facilities.
Correspondence Solicited

Tacoma National Bank,
First National Bank in the Citv,
TACOM A,

W A S H IN G T O N

P a id -u p C a p ita l................................... $ 2 0 0 ,0 0 0
S u rp lu s......................................................$ 1 0 0 ,0 0 0
W . B. Blackwell, Prest. H. O. Fishback, Cashier.
John Snyder, Vice-Prest. I. M. Heilig, Asst. Cashier
G e n e ra l B ankin g B u siness T ra n sa cted .
Special A ttention to C ollectio n s.

8AN

O F SAN F R A N C IS C O , C A L .
UNITS!?) STATES DEPOSITARY.
.
.

.
.

.
.

8 1 ,3 0 0 ,0 0 0
8 8 3 0 ,0 0 0

3. Q. Murphy , Preildent. H. D. Morgan, Cashier
JAM*. Morrcrr, V.-Pre». G. W. Kl in i , Aut. Cash.
G E N E R A L B A N K I N G B U S IN E S S .
I C C O C K T * S O L IC I T E D .
Josh u a W ilboub .

PAR V A L U E O E B O N D S .—M ost of the bonds are $ 1,0 0 0 each.
IN T E R E S T on the water and light bonds is payable at the National
City Bank, New York C ity ; interest on the other bonds in N ew Y ork
and Austin.
T O T A L B O N D E D D E B T October 1 9 ,1 8 9 3 , was * 1 ,0 8 7 ,0 0 0 ; sink­
ing fund, $ 3 0 ,0 0 0 ; net debt, $ 1 ,0 5 7 ,0 0 0 . The city has no floating debt.
A S S E S S E D V A L U A T I O N .—The city’s assessed valuation (about ^
aotual value) has been as follows in the years indicated.
/---------------------- Assessed Valuation.---------------------- ,
Tax Rate
Years.
Real.
Personal.
Total.
p e r $ 1 ,0 0 0 .
1 8 9 3 .......... $ 8 ,1 8 4 ,2 9 7
$ 2 ,6 9 7 ,6 3 3
$ 1 0 ,8 8 1 ,9 3 0
*24-68hs
1 8 9 2 .............
8 ,0 5 4 ,4 0 5
2 ,"1 9 ,3 1 8
10,773,723
1 8 9 0 .............
6 ,4 6 2 ,0 0 9
2 ,4 7 3 ,3 1 3
8,935^352
24-9128
T ax rate (per *1 ,0 0 0 ) in 1893, $24*68 *3! this including city tax proper t
$ 1 7 1 0 , State ta x , *2 -2 5 , Seheol tax, * 3 -3 3 13, county tax , *5 -0 0 .
P O P U L A T IO N in 189 0 was 1 4 ,5 7 5 ; In 188 0 it was 11,013.

Texas— Van Zandt County.— This statement concerning
the financial condition of Van Zandt County has been received
from J. P. Gossett, County Treasurer. No report from this
county appeared in our S u p p l e m e n t .
County seat is Canton.
LOANS—

Ben jam in A. Jaoksom

Wilbour, Jackson & C o.,
BANKERS AND BROKERS,
N O . 5 2 V V K Y K O S N I iT S T R E E T ,

P R O V ID E N C E , I t. I.
Dealers In Commercial Paper, Governments f
other first-class Bonds and Securities and Fore
Exchange.
Private telegraph wire to New York and Boston
•Members of New York and Providence Stock Ext

a il

onds

Total debt Oct. 2 4 ,1 8 9 3 . *1 0 ,0 0 0
Tax valuation, real......... 2,4 5 6 ,4 6 3

C O M P A N IE S.

R . T . Wilson & Co.,
AND

Tax valuation, pers’l . . . *1 ,1 2 6 ,8 5 1
Total valuation 1 8 9 3 ... 3 ,5 8 3 ,3 1 4
State ta x (per * 1 ,0 0 0 )............. $2 -7 5
County ta x (per * 1 , 000 ) ........ 5 0 0
Populati in in 189 0 was ....1 6 ,2 2 5
Population in 188 0 w a s ___ 1 2 ,6 1 9

TRUST

C O M P A N IE S.

Minneapolis Trust Co.,
C O N T IN E N T A L
1 0 0 K a s o t a B u ild in g .
T R U S T CO M PA N Y, C A P I T A L ,
$ 5 0 0 ,0 0 0 *
1 8 W A L L , S T R E E T , IS. L
C A P IT A L AND SU R P L U S,
Ot t o T . B a n n a r d ,
W i l l i a m A l e x a n d e r Sm it h ,
Go r d o n M a c d o n a l d ,
M a u r i c e S. D e c k e r ,
-

-

$ 8 5 0 ,0 0 0

P r e s id e n
1 st V i c o - P r e s ’
2d V ic e -P r e s ’
S ecretarj

-

I n t e r e s t A l l o w e d o n D e p o s its *
EXECUTES ALL TRUSTS.
TRUSTS E8 :
Gordon Norrie,
Henry M. Taber,
Oliver Harrinwrj. Jr.,
William H. Wisner,
William A. Hazard,
A. Lanfear Norrie,
Wm. Alexander smith
Thomas T. Barr,
William F. Cochran,
Robert Olyphant,
William Jay,
John C. Havemeyer,
Alfred M. Hoyt.
Otto T. Bannard,
Robert W. De Foreit
James C. Parrish,
Glrand Fo*ter
Walter Jsnningf.

The Nassau Trust Co.,
1 0 1 B r o a d w a y , B rook lyn , N . Y .
C A P I T A L ..............................................$ 5 0 0 , 0 0 0
Deposits received subject to check at sight, anc
Interewt allo w e d on the resulting daily dalances.
Certificates of deposits issued for time deposits,
on which apecfnl ra te s will be allowed.
Interest commences from date o f deposit.
Authorized by law to act as Executor, Adminis­
trator, Committee, Guardian. Trustee. Receiver,
Fiscal and Transfer Agent, and as Registrar of Stock*
wid Bonds; is a legal depository tor T ru . I
bunds and for moneys paid Into court.
Loans made on approved collaterals.
Checks on this Company are payable through the
New York Clearing-House.
A. D. WHEBLOCK, President.
jra^ T R U S L O V j', 1Ylce-Prea’ts.
O. F. RICHARDSON, Secretary.
TRUSTEES *
Wm. Dick,
Bernard Peters,
A. D. Baird,
Wm. H. Horwill,
Darwin R. James, J. B. Voorhees,
K. B. Tuttle,
A. D. Wheelock,
John Truslow,
Wm. F. Garrison,
Ditmas Jewell,
Jno. T. Wlllets,
It. W, W urster. Chas. H. Russell

John Loughrar,
Edward T. Hula?,
Jno.McLaughllr,
A. M. Suydam,
Wm. ht W hee lock
O. F. Richardson
Henry Seibert,

M O R T G A G E LO A N S
IN

BANKERS

When Due.

J
B
68Interest
........ $10,000............June 5,19 0 0
payable at Canton.

F u n d w it li S ta te A u d it o r ,

COMMISSION

MERCHANTS.

3 3 W a ll S treet, N ew Y o rk .

DIRECTORS.
Samuel Hill, President; Wm. H. Dunwoody, First
Vice-President; H. F. Brown, Second Vice-Presi­
dent; Daniel Bassett, Third Vice-President; Clarkson
Llndley. Secretary and Treasurer; Isaac Atwater
H. W. cannon, James J. Hill, R. B. Langdon. A. F
Kelley, W. G. Nortbup, C. G. Goodrich, Charles A .
Plllsbury, A. H. Linton and P. B. Winston.

Missouri Kansas & Texas
Trust Co.,

S M IT H

C IT Y ,

HO,

38

st~. New York.
439 Chestnnt SL, Phila.
T-13 Warmoesgracht, Amsterdam, Holland.
P A ID C A P I T A L .............................. 8 1 ,2 3 0 ,0 0 0 OC
S U R P L U S ............................................
3 0 0 .0 0 0 0 0
U N D IV ID E D P R O F I T S ..............
7 6 ,3 3 3 0 0
ARTHUR E. STILWELL. Pres.
BOARD OF DIRECTORS.
W. 8. Woods,
C. A. Dean,
E. L. Martin,
j-M cD . Trimble, A. E. Stillwell, A. A. Mosher
W. S. Taylor,
J. E. McKeighan, H. A. Lloyd,
8 - F. Hobart,
Chas. Clark,
E. F. Merwin,
O. E. Grannlss, A. Heokscher,
W m. Waterall,
W .H . Lucas,
W . D. Black,
Dr. H. M. Howe.
John F. Dryden, E. W . Marsh
E. Henry Barnes

Metropolitan Trust Co.,
3 7 «fc 3 9 W a l l Street) N ew Y o r k .
P aid -U p C a p ital ........ .-.................. $ 1 ,0 0 0 ,0 0 0
S u r p lu s..................................................
8 0 0 ,0 0 0
Designated as a legal depositary by order of
Supreme Court. Receive deposits or money on in­
terest, act as fiscal or transfer agent, or trustee for
corporations, and accept and execute any legal trusts
from persons or corporations, on as favorable terms
as other similar companies.
Thomas Hillhouse, Pres. Fred’k D. Tappen, V.-Pres.
C. M. Jesup, 2d V.-PreB. Beverly Chew, Secretary.
George D. Coaney, Assistant Secretary.

Jos. C. Platt, C. E .,

TEXAS.
6 Per Cent and 7 Per Cent N et.
NO COMMISSIONS charged borrower or lepdtr
until loans have proven good.

F R A N C IS

1 0 0 ,0 0 0 .

Has no deposits; receives money on trust account
only. Burglar proof vaults. Wills kept safely with­
out charge. Acts as executor, trustee and guardians
executes trusts of every description.

K ANSAS

FRANCISCO,

The First National Bank
C A P IT A L ,
SURPLUS,

TRUST

decision of the Supreme Court of Texas, delivered on M ay 25, 1893
declared the city bonds legal in every respect and a binding obligation!
A tax has been levied for the interest a n ! sinking fund on the entire
* 1 ,4 0 0 ,0 0 0 . The water company threatens to begin further legal pro­
ceedings against the city.

&

S A N A N T O N IO , T E X A S .

C O .,

CONSULTING E N G IN E E R
A n d W a te r fo r d , N . Y .

Exam inations.

Supervision

R e p o r ts '