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xmitk

AND^

HUNT'S MERCHANTS' MAGAZINE,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS

VOL

NEW

43

YORK, OCTOBER

financial.

30,

_«rr

1

YORK.

DIAMONDS.

I— »l Haw •( tmm
»< i»r«L

« »«

&

Alfred H. Smith
Tart,

Co.,

IMPORTERS,

IMC

!

AND

I*ltlNTr»S

188 Broad way, Cor. Jokn Street

or

BONOS, POSTAOC & REVENUE STAMPS.
LECAL TENDER AND NATIONAL BANK
NOTES of ths UNITED STATES; and for

rK*ii rrsci. PLATza,

GORHAM MVg

yayaf* iiifcllw I aiilwiiilj ter
af UM Cawpaa,.

•

ilrf

•kaw Csr4a. LWk^K Cal*a4an.
BLANK BOOKS OF EVERY DUCitlFTION
ALBCRT a. eOOOALL. FratMMl
VH-E-rRtSlDIXTS!
A. D. SHEFARO,

L MACOONOUOH,
W. M. SMILLIE.
THEa
AAA

H.

TOURO ROBERTMNL
FREEUND. twryM^Ti

PvrTKB, Prw'U

P.

J.

BOSTO.^.

CAPITA L, ....... 9400,000
BUHPLLB, ........ 400,000
AMouM al Baak* u« BMtan MlMMa4.
CoUaaUoa* aada apoa favorakl* Iwt
OoraraaMOt BoBda kowkl aa« (oM-

Floyd-Jones

&

No. % Rzckanc* Coart, Neiv York,
B4 0. &
Boaabt ao* SoM oa CommImMb.
C.

PLor»<loifl^

MaakanNawTe

19

Kohn

A.

J.

~

BBOAO

Co.,

AT.
N. T.
Naw Tork Mock Bjiekaaca.
Kzacat* Ordera la Boada, Stocks aa4
Ma«kar»

ai

lowaM

TINKER * WESTON,
BAJIK£B8 AXD BBOK£B8,
Ho. % XCBANSB OOVBT,
Raw York.

a.

nif
Maakar H.
RmaaauAait Waaroa

T. Stoak Bxak.

lea,Na« Turk; Marcbauu' NaUooal. Chlaa«<i( MaT.

i«k.

N. T., Bo. 17 riBBT

&

S. Ives

Co.,

BANKERS,
IfASSAD ST.,

Tnirnn

lala of

BOX

in

Uatad at tba

tba opan

Naw

markac

balaocaa.

tUlM, Coantj. CUr aad Ballroad
oaalanllT oa kaad for rala nr air—una, aad
a«ae>loa slTaa to tba iililHI at laraat(or laaUtatloea aad tnut (aada.

L.
S. "W.

MeDib«r of tba New Tork Stock Kxcbanffft. Dl*
of Marohania* Kicbaoice National Bank,
American Savlnga Bank, Amcrtoan Safe l>epoelt
Oimpanj. Ac, Ac
Hecuritlea bouabt and aold ot^ommlaalon. for
caab or on marviR. All Inqulrlea cratultoualy reapooded to. Cur^aapoadence aul cli ed.

r.

B. Hollins

and PhlladalpbU

H. Taylor

Rtoafe

&

Bzohancaa.

Co.,

C«r. Tbird aod rbeataat BU.,

raiLADKLPHIA.
lo ohaefc at alubt, and
iDlarcai allowad <in Jailr ba l aoeai.
Sloeka, Buodik Ao., boiwht and aoM oa eoBmuatoa
la fniUadalpbla and 'itbar .m...
Partlaalar attanuon (i««n tn InforBatlaa raiardlna

DapoaHa raoatvod rabjact

iDTotment HecnrtUaa.
PrlTata wtrs to Naw Turk. Bammofaaadotbar plaoaa

JOBK IIUWABO LATBAM. rBBOIBlOK W. PkBBT

aXKUT.

sakonklP'P nraU wira i

all todlttla*

J.
No. 9

au,

&

Co.,

BANKKR8
Ti A

7-i

BROADWAY, NBW

Y'ORK.

Traaaact a Grnrral Bnakiait Bnalnraa.

RAILItOAU SBCUHITIBd.
KBPO-ilT ACCO0.XT8 RBCEIVED
INTEUBSr ALLOWED ON DAILT BALANOSa.

nKMAND

NBW YOBK. Alexander Campbell

RaaalTa tapoiu rabjaot to ahaok at lUbt ao4

Utmhmn M.

Streets.

«& Co.,

l.«*S.

ncamia*

Tart aioek Bzahaaca, or

aBov lalanMoa teUr

Broad or S9 Wall

rector

BANKERS AND BHOKER3,

a (anaral bankliui baalDM*. Inaladliia tba

likiNim aad

S

DKALBRd IN'noVRHKUKNT, MUNICIPAL AND

Natbwial. B-aton.

No. t<

Ac

(Bhaxob Orncs, IM Bboadwat.)

H.

Win.

part of tba anaatiT
uf BaAko. Marcliaau aoU

RtriH TO—

Henry

Nob. 8

17 NASBAtr

H. Latham

&

Co.,

UNITED BANK BOILDINO,

WALL BTRKBT, NBW TORK.

Oeaair, aiala, Ballroad. DMHat o( ColoaMa
Beada aad Poraiaa BMhaaa*.
Catraapoadanoa BoUaltad.

STREET,

NEW YORK.

MALCOLii Campbxll, Uemlicr of N. Y. Stock Kzch.
U. CBOaiB UAALBT,
JAMBi WBITBtr.
MATItABD C. BTBI.
BnrBT IL DuDOI. Waablncton.D.a
Wm. B. Tbatbbs, Special I'artner.

Prince

&

Whitely,
NBW

YORKa
N*. 84 BROADWAY,
D. • -._ t^'.m.rrm. i "» Fifth Are., Ncw Yofk.
Bbakch OFFICsaJsg^isihat w-^hington.D.O
Bar and aell on comailaalun all oiaaaaa of Ballroad
4aoantlea;alao Oraln and Prorialoni.
PrlTateTelaBrapb wlreato Phlladalphia, WUmlnc.
ion, BalUnore. Waahlnaton, Brtdiaport, New Ilarea
liaatoo

aad Pltubarw.

William T. Meredith,
48 WALL STBBBT,
(Bank of New York Building).
Bonda and Stocka bongbt and aold at the
Tork Stock Kxchance.
BONDS AND 1NVK8TMENT SBCL'BITIBS

New

FOB

BALE

Maeibar of N. T. Stock Kzchaaca.

K BROKER.
Lansdale Boardman,
H BW TOBK.SO BBOADWAT * S HBW ST.
HT04

TBOT,

AccuuuU

lata*.

Trowbridge,

la ttnj

BANKEKS,

Piiaia lavraiaaeat Baada a Hsrelaltr.
Doalara la mscallmaaoaa BocortUoa.

C.

Co.,

National lUiit and Baak of Ifortk Amar-

Vorclsa Kzchaace.

anrar

Biad*

(Mill* BDtiJ>l50>.

of

&

Bros.

miLWAIKKK,
COIXBCTIUN8

WnUAH

&

Co.,

B A K K E R8.

P. O.

Robison,,
BANKKRB AND BBOKBmS,

Wn.

Houghton

W. WoBs. Caahlar.

Maverick National Bank,

IMaaibara of tba Naw Toik
DirBiwaow.t
Wtock Kichanaa

BA.NKBK A.ND BROKER,

Broadway aad Nineteenth Street,
AUD 9 MAU>EH lANE.

SAFETY PAPKRS.
•AFCTY COLORS.
%r*rk r.ir.-«lrJ U rim>n>«r llall>)l>(«.
urmoufHio mo nn miiivkb.
KAILWAV Tlt-KI-.m OP IMPHOVKP

F.

F. E.

SOLID SILVER.

run

rt

Stooka and Bonda boacbt aad aold on Conmlaalon.
Ordara racalvad In Mining 8tocka. and In Unllatad
flaoarttlaa, CollaeUuna made and loaaa nagot la t ad.
DlTldaoda and Intoraat eollaotad.
DapxalU raoalTad aabjaet to DrafL
totataat allowed. Inraatoiaat aaeorltlaa a apedaltj
Wa laana a Flnanetal Bepoit waaklr.

PBAItK

ENGRAVING AND PRINTING,

vrnkimm xx» ooii>«KATioiia.
PILxm, CKCCKB, BILL* •¥ EXCHASeB,
STAMP*, At^ la Um «•• aa^ wuat artlMia Mrl*

Co.,

Joa.C. Walcott,

Foreign Covernnn«nts,
>

&

C. Walcott

BANKKK8 AND BROKBRB.
No. 24 Pine Btrert, New York.
TranMct a Ueneral Bankiner Basinets

78 TO 86 TRINITY PLACE,

F.-'.0>*\EJi^

NO. f,ll4
financial.

J.

Bank Note Company,
fclHIii

ISSa

^iuatucial.

AMERICAN
NEW

THE UNITED STATES

OF"

W. H. Goadby &

Co.,

BANK£R8 AND BROKERS,

No. 84

BROAD

STBBB1|,

New Tark.

THE CURONICLR

[Vol. XLIf.

ganlicvs nml gvaiucvs of Forctgu Exchange.

Ruckgaber, August Belmont & Co.,
BANKERS,
BANK K R
No. 12 Pine Street,
WIIiLIAm STKEKT, NEW YORK

&

Schulz

S>

SO

IB8DB TRAVELERS' CREDITS,

CORUESPON'liKNTS OF THE

Bank

«ternallonal

(Lliultrd),
•r«. Jolin

London

of

London.

KrrrnhrrK, (ioMler & Co.

Ilumburs.
fcurs. niarcnard, Kranaa & Co., Parl»

available In a>
parts of the World, through

Messrs. N. [M. lIoihHchlld A- Sona, London
"
ic Rollinrlilld liron., I'lirla.
"
aU A. ilr Knlhacfalld & !«aDS, Fmnk8.

CommerciHl and Travelers' Credits.
Bills

Cable Transfer!.

of Kzcbanite.

&

Morgan

Drexel,

NEW YORK.
&

Oor.ofSth&ChestnntSts. 31 BooleTard Baoaamann.

PHILADELPHIA

PARIS.

DOMBSllO AND FOREIOlt BANKERS.
Securities
Oeposlts received subject to Draft.
and sold on conimi»sion. Interest allowed on
Deposits. Forelffn Uxchutiife. Commercial Credits.
Travelers.
Circular Letters for
Cable Transfers.
aTaUable In all parts of the world.

bpilfftat

of Ezchanite on, and make Cable Trans
England, France and Germany.

& W. Sdigman &

Kennedy Tod.
O.

Sell Bills of

C. J.

&

Stuart

Co.,

SRtlTH, PAYNE

dc

SMITU'S,

BANKERS, LONDON

HANCHESTER & COUNTY BANK,

HAMBRO

&

SON,

A.

niAKCUAKD, KRArS:^

HOTTINGUER

•& CO.,

&

CO.,

&

John Paton

JESrP, PATON

ULSTER BANKING COMPANY,

62 William

Street,

KDINBURGU AND BRANCHES;

sold.

New

Maitland, Phelps

Guaranty of Re-payment,

Unger, Smithers

&

Co.,
BANKERS AND BROKERS,

Uesibers of tbe

OIALXUS

IN

New York

Stock Rxchanite

FOKKION EXCBANOE, OOTKKNUJCNT

AND OTHKK INVE8T.MENT BONOS.
STERLING LOANS A SPECIALTY.

44 Wall
Buy and
marttln,

all

St. and A3 Greene St., N. Y.
on commission, fuir investment or on
New York Stock

sell

securities dealt In at the

Bccnancce.

Canadian Bank of Commerce.
CAFITAU
J.

la

H.

(6.000,000.

eOADBT &

BIIBPLUS, $1,800,000.

B. E.
JOINT AGENTS,

WALKER,

EXCHANGE PLACE, NB^V YORK

BUT AND SELL STERLING EXCHANGE, CABLE
TRANSFERS, ETC.
ISaUB COMMERCIAL CBRDITS, ATAILABLB
IN ALL PAKTi Cr TUB VTOBLD,

&

allow-

Reading!. .7oseph K. <;ilMngbam. .I<*lin WanamakT*.
Henry E. Smith, Charles B. Wright, Henry Lewis.
CraitfpLipplf'Cott, Hamilton Disston. Clayton French,
Fr-ncis liawle.

Heidelbach,
Ickelheimer & Co.,
29 WILLIAM STREET,
Exchange

22

ic

B0T AND DRAW BILLS OF BXCBANQll.
.MAKE CABLE TRANSFERS, ISSUE TRAVKI..
BRS' CREDITS.
ISSUE COMMERCIAL CREDITS, AVAILABLH
IN ALL PARTS OF THE WORLD, ON

York.

bills of exchange, letters of credit,

telegraphic transfers of money
ON MEXICO. CUBA, dec.. &c.

1

Hftmbro & Son. London.

Mf>ssrR. C. J.

j^pccial %nvtstvxents.
American Bank Note

Co.'s Stock.

Detroit Mncliiiiac & Marqui-tte
Bonds, all i^snesi.

Texas & PiCiUc Income and
Grant Scrip.

RR,
Land

Toledo & Oliio Central Railroad Stock
and Scrips.

TOREY

&

AND

A.

KIRK,

6 RROAD STREET,
JtK.W YORK.

Geo. H. Prentiss

24 Exchange Place,

Kidder, Peabody

N£W YOBK.

Place,

FOREIGN RANKERS.

Co.,

COMMISSION MERCHANTS,

Co.,

FOREIGN BANKERS,
Nassau Street, New York,

Honae— nUNROE & CO.

Paris

depi>«<iit.

Officehs:

4

AND

Bzcbanse on London, Paris, Berlin
and Znricb.
Obboitb Opened andPayhents MadibtCabli.

Receives luoney on

BOUGHT AND SOLD BY

BANKERS

No. 33 Nassau Street, Ne^v Yoik.
No. 4 Post Office Square, Boston.
isaae Circular Letters of Credit for Travelers' Use
Abroad aKainst Cash or Satisfactor>

piiiil.

As defttrable Investments offer, wil]
tnK interest.
isKue its Debenture Bonds, secured by its capital and
assets.

DRAW ON

New

Co.,

and dividends.

SCOTLAND.

ALSO,

&

Full

Y'ork.

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

CABLE TRANSFERS AND LETTERS OF CREDIT.

John Munroe

CO.,

Accounts and Agency of Bj.nks, Corporations
Arms and individuals received upon favorable terms
Dividends and interest collected and remitted.
Act as agents for corporatitiPH in paying coujona
and dividends; also as transfer agents.
Bonds, stocks and securities bought and sold on
commission, at the Stock Exchange or elsewhere.
Sterling Exchange and Cable Transfers bought and

BELFAST, IRELAND;
AND ON THE

NATIONAL BANK OF SCOTLAND,

Co.,

&

"LIMITED,"

MANCHESTER, PAYABLE LN LONDON

ip.Ria
jFAKIS.

SUCCESSORS TO

all

NASSAU STREET.
BILLS OF EXCHANGE ON

C^'^.OOO.UOO.

t'nplliiT.

uys niiO wll» Bills of KxebuiiKC', drii"injc on
Barjn>$ Bros. & Co., Loodun, also oa I'aris and
Berlin.
Ada an Financial AK^nt In the nefcotlatinfr and
mnrkPtinK of Securitien. Dents Id Bonds— Corporathin. Hailrfnid, Stale. Municipal, Ac Rxecures orders
on Cdmmtssion In HondH. fstocki*. Ac .Collects Intereat

Cor.

Exchange on
CO., j LONDON.
, ,,k ixiw
'j

MELTILl.E, EVAN!*

and of drafts drawn

J.

WILLIAM STREET,

63

Buy and sell bonds, stocks an d securities In all American. Canadian, British and Dutch markets on commission. Collect dividends, coupons and foreign and
inland Drafts.

AKEi;Ol.bECTl(IN!S <*F ItllAFT!^ drawn

33

Co.,

Ofler Investment Securities.

Blake Xelegraphic Xranitfers ol !?Ionef
Settveen tblH Country and Europe.

&

&

Act as Agents for Banks, Bankers and Railroad
Companies.
Issue commercial credits, also foreign and domestic
travelers' letters of credit Ui pounds sterling & dollars.

IS STEP LING,

A

N. Y. Stock Excb'ge

Kennedy Tod
BANKERS.

ATallable In any part of the world, In FRANCS for
aie In Martinique andGuadaloupe, and In dollars for
Bse in thiB and Adjacent countries.

points in United States and Canada,
in the I nited States on
foreign countries;
and their London house. Messrs. BROWN, SBIPLBT
CO., receive accounts of American banks, firms
and Individuals, upon favorable terms,

of Philadelphia.
3IO CIIESTXITT «$TKEET»

ALEXANDER BAKING

Member

NOBTHCOTE.

No.

SWEDEN AND AUSTRALIA.
laane Commercial Sc TraTelers' Credit*

J.

BANKERS,
BROAD STREET,

Payable In any part of Europe, Asia, Africa, Ausand America.
Draw Bills of Exchange and make Telegraphic
Transfers of Money on Europe and California.

J.

Buy and Sell Bills of Exchange
OH GREAT BRITAIN AND IRELAND, FRANCE
OBRMANY, BKLOIU.M, HOLLAND SWITZBRLAND. NORWAY, DENMARK,

Cc

tralia

Brown

BALTIMORE.

CO.

WILLIAM BROCKIK. i'residcnt.
WHAKTO.v BAKKER, Vice-P esident.
>ewr York.
HKNKY M. HOYT. Jh.. TrcHsurer.
KTHKI.BKRT WATTS, SccretarT.
Issne Letters of Credit for Trarelem
Board of Directors— WiliiHm Brockie. (jeorge 8.
On BELIG.MAN BROTHERS, London.
Peppf-r, Morton McMtchsel, Wharton Marker. Ilenry
SEI.IGMAN FREUKS i CIK, Paris.
C. Gibson. T. Wts'ar Brown, Williiini Potter.
SBLIliMA.N A ^TK•1TIIK1MER. FYankfurt.
Advisory Committee of Stockholders.—
ALSBKKG, GOLDBKIUi & CO., Amsterdam Trout miin, Gustavus English, Isaac H.Geonre M.
Clothier,
ALTMAN & STETTIIKI.MKK Berlin,
Williitm I»epper, M. P.. Thomas Dolan. John O.

J.

Brothers & Co..
FUla.
NEW YORK. Boston.
AND
ALEXANDER RROWN dc SONS

INVESTMENT
J"

Bills

to,

J.

ATTOBNITS and A0IKT8 0»
H.
neaara. J. 8. inORGAN Sc CO.,
Vo. 22 OLD BROAD STREET, IX)NDON.

abroad on

lori uxiii.

Kothachtid, Esq., Vienna.
AND THEIB CORBISPONDENTS.

No. 23

Drexel.UarJes&Co

Co.,

Draw
fen

Co.,

WALL STREET, CORNER OF BROAD,
Drexel

m. de

THE

No. 49 WAI.I. ST.,

BARIXG BROS. & CO., London
COramERCIAL CREDITS,

Messrs.

Circular Credits for Travelers.

Co.,

KEWr YORK,

Ain>

SOS

mONTAGVB ST., RROOKLTF.
GAS STOCKS
AND

GAS SECURITIES,
Stocks and BoBds

Street Railroad

ALL KINDS O*

AXTD

RROOKLYN

SECIJRITIES

DEALT

113 Devonahire Street, Boston.

ATTORNEYS AND AGENTS OF

&

IN.

BSB OAS QUOTATIONS IN THIS PAPKR
Gko. n. PRINTISS. W. D. PREKTIBS. W. W.
Member N.V.Stock Bxch.

First Mortgage

(>

WALSB

Ppr Cent Gold Bonds

(Sl-J.OOO PEI£ MII^ES

Cable Transfers and Riu.8 of Exchange on
Orrat Britain and TirK noNTiNKNT.

I&.OUIVTZE

BROTHERS,

BANKERS,

120BBOADWAT,

Equitable BniWmg, New York

LETTERS OF CREDIT AND
CIRCCLAR NOTES
Issued for the une of travelers in all parts of the
world. Bills drawn on the Union Bank of IjondonTelegraphlc transfers made to London and to various
places in the United States. Deposits received subject to cherk at sight, and Interest allowed on balances. Government and other bonde and laTsel
assiirltlM boaakt

aa< sold oa

toaisilaalen.'

JACKSONVILLE TAMPA & KEY WEST
RAILWAY COMPANY.
Principal
Issue llmltcrt to »1.:5B.0<10.
Interest partible in NVw York -lanuary

due
and

1914.
.July.

Standard Kauge. Steel
First-class equipment.
r»i'c.
This road f -nus a part of the through line from
New Yorh to T«mi a, Florida, over which the Cuban
niiiil is now carried.
We recommend these bonds as
secured bv a large and rapidly Increasing through,
and local buslne-s. Price, par and accrued Interest.
Pamphlets and copies of raorlB»ge furnished.
CiimplelPd Feb. 22. 1K86.

R. A.

LANCASTER &

10

Xfrnil

street.

CO.,

OCIOBKB

THE CHKOWICLE.

SO. 1H8«.]

IBaukcYs atid
Fred. H. Smith,
BANKEB H BROKER,
H*. SO BBOAD ST., NBW YOBKraatT T«an' •xparlMie* In B«IIto«4| Bonds. Pv.
Cneoirant Bondi wlb
dMtriiv CO bay or

mU

or ockanrtM.

LAxnua C. Wajhsub*.

Tomnxi).

MamMr N.T. Stock

Kiehanca.
Jxo. P. TowHSKNU, SpMUI Pnitaor.

&

Townsend
BAHKSBa

WaU

«•. •

No.

11

DBPOSm

ASX> BBOK£R8,

H«w

tntttj

8aM on CommUslon

m

wu. V. rAi>oi.f,

r.

Umm^m N. T.

Cos

Carolin & Cox,
Ml* * GoBBaalaaioa ttoek Brekan
o.

BBOASWAT,
Bnaok oaa*,ns MadlMB At, wr. «M St, H«w Tork

&

Huestis

TAINTOR.

O.

W<»OD * DAVIS.

fiBaT.CLA«sRAiLauADriii«rMoKraAai

C.ll.llUBBTIg. 1- M.

.

WALaroB a. Baows.

HaBBBR

Boitsa.

gWAK.

raan. a. Baowa.

P.

Baows.

Walston H. Brown & Bros
BA\'HERK,

XW

Taara'

H*. S«

In

tha N.T.

BtoA BMbaaaa)

WaU

Slreat, New York.
Boaiht aad 8oM oa OommlaaloB

ioa

eraB

to

liifiaiaalliiii

ragard-

nritiaa

Loaa h Trnat Co. 6 par eant Dabantaraa
aadaoM.

&

Co.,

Acana O. OoaaAii.
Crab. W. Tuxma.
Cb AS. a NoBLa.
ManlMr N. T. Stoek Ezeh

Chrystie
Noa. SS

&

Raw

&

BAKKEB8

Wliaa to OHICAOO,

PBILAOBLrmA aad

Co.,

MsBban

1

oaaaa J.

laaailll

Loo aaaaar

DWAao P. ALUxa

B. Dicsnraoa,

Maabar !«.

B.

Ksehanca.

T.

Dickinson & Ailing,
lARKBBB AHD BBOKEB8,
Ma. SO Ftaa Bireaf,

U
J

Naw

York.

at «. T. etaafe a^pbaaaaw "fQr !>*•

or OB MABailt.air
aad attow lataroai aa

'

*

IS

BBOAD

Ha. ••

Co.,

CBBAB

to a

Howard

U aaaral

Lapsley

Bass,

BROAD BTRKKT, NEW YORK,
STOCKN, BONDS
AND niSCELLANBOi;s SKOI7BITIBB
20

Oorrtapoadanaa tolMtad.
Qaotattoaa chaarfally famlabad.
Wm. B. ROLBTOIf,
W, Auiz. BASa, Jr.

Mfber N.

T. Btoek

K»<A «e.

&

Simons

Chew,

STOCK BKOKBBS,

T

Bnoxa,

Baraatr Caiw.

<AJ Co.
BANKERS,
IS WALL STBBKT,

R o,

Sail

lawiifuBl

&

Wescott,

Street,
In

all

Naw York,

Saeorttlea Listed

Bpaeial

AUaatioa slTan to

GsTerameBt * other IkrestaieBt Boads
Corraspoadeaea SoUoitad

Secarltloa.

BOX xmn.
WATLAirO TBAfX. B.
W. C. Hn.i.

J.

Simon Borg

MOBIB.

Sood^

OB

HEW YORK STOCK EXCHANGE.

p. o.

A. KJKniDBII.

WaU

Exeonib Ordera

Raw Tark.

Traaaact a Oanaral BanklBf Boslnaaa, Inelndlnc
Um parahaaa and aala of STOCKS aadBONOg for
aaak or oa Baraln.

mmj aa«

T. Slock Szokaaaa.
T. ProdBoa Bzahaaaa.

Cahoone
18

i

&

Ra. IT RAS8AI7 ST.,

DBALBR8

IN

Co.,
YOBK

RKTT

ALL KINDS OP

N K B RH,
Walsh & Floyd,
m Braadwar.B A KxcbaaceHe, Ckiaaao,T. STOCK BROKERS*
Braaah OBca, !M1 1^
OBHBRAL BANKINO MBIBBBk
Plaea, N.

ear.

Malta

lACT

A

B

No. 26 BROAD STREET, NSW TORK.
BAQTor
AND BONDS roR CA8U OR ON MAR- jAMia W. WAiaB.JB,
Miooix noTD, Ja
RBI.I. INVBBTMBNT i^BCintlBUT AND
Stock Bzotaance
^B

BAVEEBS.
aMNloa

&

Rolston
No.

jAa. D.

DDfO THB PUKCHAriS AND

OOBkBBPOMDBItCB BOUCITaO.

la

Dealer la iBTestaient Securities,
No. 7 NASSAU BTREET,
(Ooattnaatal Natlaoal Bank BoUdtaiT,
Roar Tark.

BOUTHCBB SBCinUTIBI A BPIOIAUrT.

ST.,

&

BOND AND STOCK BROKER^

Railroad aad laTeatmeat Secnrltlesi

Df AIX KUtDB or UfTBTMBin
aonM, MIBCHIXAICBODS SBCirmiTUS
AJTD DBTAULTBO BOmM

Oilman, Son

L. Robertson,

J.

Manbar N.
MaBber N.

Albert Pearce,
1«

Inraatora wlaklna to bay or aeU are Inrlted to oaU
or aorraapond. Prompt and pataonalattaationKlTaa

RBW TOBK.

Co.,

Mraat, Hair Vark.
ALvasD

Koiaj

ILL.

Ot i'i Braadwajr, H.
Btocki, Boada aad Unltad Btalaa OoTaraaac
Seonnuaa Booght and Bold on OaamlailoB.

BaraodaaOaa
atiQa. all

-*

AMD
Dealer la MiscellaBeoiu Seeoritles^
MILLS BDILOINO Qd FloorJ
Rooma » A as.
SS WA LL STREET.
8TATB AND CITT BONP8 OF QEORGIA, ALSO
SKCDBITtkB or THB CBNTKAL KK. A BANK>
INU OO. or OBOBOIA A BPKCIALTY.

BALTIMORB,

AllO BftOKJBBB,

I

NEW TORK.

a Exebaaia Caart

PklladaiplUa Btoak Ibnhaaaa.

l(oa.l«*lS

!

T. Stock "'"'""it*

STREET,

BROKER

Tark.

—

&

Co.>

A. Dutenhofer,

lattrMiitlali Polata.

Na. 10 TTALI. ST.,

&

CLARK STREET. CBICAGO,

34S

Janney,

BANKKBB,
8C Naaaaa M.,

*

WALL

ASD

H. Dewing & Son,
A\D BROKERS,

lltaaforlaTa

Kimball

J.

Members N.

It

BA\'KER«t
I

I.H.WAOOOKaBt

BantsoN.

BANKERS AND BROKERS,

HiBAn Dawnco. Clakk Dawura. r. T. Bo.<rraoou
(Mambar of Naw Tork 8to«k Kzehaoso.)

No. 18

B. H.

Frank C. Hollins

Tlaaaacta a canaral Bankln* baalnaaa. Iselndinc t ba
aarohaaa and aala of atooks aad boada (or oaak or oa
Barvln.

n Taara' MaaabantUa Baw Tark BIMfe bateBaa,
'

.

Mambanhlp

Bishop,

alraa to

Intareat allowed on dallr balanoea.
AU depoalU anbteot to check at auihu
Parttimlar attaatlop to ordera by mall or taleara^

BA.^KBR AND BBOKBB,
18 * 18 BROAD ST.. NEW YORK.

John H. Davis

(MaaibOTi
Tork Stock Bzchan««.)
Aaeoaata •< Baaka, Baataii aad oikata raoatrad.
Marait aUovad oaLkalaaaaf. Aatitauy ruMiaaaoa
Baila aaiiatb«p«r«KMaB< aflaafil oi>nad»o afc.
rnrata Totanapa WIra la Albaar.nor. fnaaaaa.
oohaaiar. viKm, Balgik<1a»alMitai>drcga^o.
Draw oa CItr Baak of LoaBoa la
naau to laM.

R.

Turner,

J.

BANKERS AND BROKERS.
Do a atrirllT rommlaatan Bualueaa
BA.<IKBIU> A.VD BHOKBRK
BTOCBIt, BONDS aa4l SBAIN,
riNB BTBBBT, NKW' TOBK.
X«w
With PrlTBU

Hamilton

Naw

change.

P.C.HOUJKB.

C.

RaaaiTa daportu aad nniiaaaMiiiti of BalUoa.
Daal la laTaataaaat BaeafWaa ant roraigB kzahanaa aad InTKaoonaapnnilaaaa,
PaAealar attaatloa atTaa lolafa
ifaraatlaa raiafdinc
.
lavaataMBt BaoarUlaa.

no. to NASNAL' BTBBBT,
TOBK.

&

OBO. H. HOLT.

BANKERS AND BROKERS,
lUa BaU41ii<, %S WaU St., Naw Tark

BKOKKB8.
Tu

^naate wiwi la an MoaiUMa IMad at tha Ra«
Tork aioak Bukaiwa. rorOala:

aBOaUB C. WOOD

offloe.

Tork.

DHALKRa IN
Bay and laU on Conunlaalon. for eaah or on marata
aU MoarlHaa dealt In at tba New Tork Stock Bs.

Co., Gorham, Turner

NEW YORK.

at'ccEa.'Hiiui

Cotmeetad bj Prtrua Wire with main

boitnaoa.

PriTata talearapii wlreito Prerldaaaaand Boatoa

Marcta.

PINE HTRKVrr.
BANKKBJI A?(0

INTBRKST

York.

FIRST.CLASS INTESTnESTrS.

DapoM* r«otlT«d nbloet to obaok at atchuaat
tautMtalkrwad 0* dirflrbnUiMM. AllS^Maasd
>««m»l«i «Mlt la at tbo Haw Tork Btoafe BiakBaa*
boaakt and aoM oa Coaalasloa. tar Oaak or aaoa

31

If aav

OKNKRAL BAKKINO

raealTod and

New Tork,

allowed on

(U

Tork.

SMilal atUatioa flTW to CollaUd Batmrltlw.
" TttintiM t ^ ttimbitat, to CbMk >t Slchk
Co ii— p ou awion golMlMd.

Wood,

a

Sons,

Sistare's

18 Broad Street,

lai Sontb Third Street, Pblladelpkla.

Trail St., Cor. Near,

TBANEACT

&

IS

Q. D. L'HTTILIBB.

or oo nMfsla.

,

Geo. K.

Holt,

BANKSBB.

WashburD,

lad Bond* Booaht and
.

IJovIt ®itij.

Bay aad aaU OOYERNMBMT. MUKICIPAL aad
RAII.ROAO 8<wnr1tlsa.

Lou

boackt IB rrMMoonl
Mafsln.

forOMkoroa

Cujlu. 1.

&

Taintor

^cw

iu

IPtrolicts

IB

B«T

&

OIN.
TIBB.

TnTBRBST AI.IX>WBD ON DBP08IT8
8CBJBCT TO CUBCK AT 8IOHT.
P. O. Box 447.
a W. MOLBLLAB.
D. A. BOOOT.
Raoaax Lblawd.

9iW:§alWdt(g^

Co., CRITBD BANK BDILDINO,
WaU Straat, eamar Broadway.

Member

N. T.

Stewart Brown's Sons^
STOCK BROKERS,
84

Broadway Be

IB

Raw

St.,

&

Raw York

BAHKSRS Ain> BKOKBBS.
Co.,
R. T. Wilson
STOCKS, BOrOS)! COXJtSBClAL PAPSR.
and
V4 BBOABW A Y aa4 B If Kir BrrSBBT, MackaTork Boada boacM tad told oa ooauilailoa BANKER.S AND COMMISSION MEROHANXBU
Blo^ KMhanft. Adraaata Badaon
at Baw
2 Kxehaose Co art, Rair Tork.
Raw Tark.
bwiBaaa paaar aad otkar aaa ai U aa.
l

THE CHRONICLE.

ir

©auadiatt and 'gaveien SawliB nn& ^nxiktxs.

-

•

-

SMrxnERS,

C. F.

W.

&

59

Qcneral Manager.

OFFICE;

IVAIil.

61

,

orders for Bonds, Shares, etc., on Commission, and transact a general Banking and
Commission Business.
Special attention given to the execution of
orders for Securities on the New York, Lon-

STREET,

WALTEK WATSON,

don and Amsterdam Exchanges in correspond
ence with

)

A .»ntjl

BLAKE BROTHERS

Exchange, Franca and Cable
Transfers ; grant Commercial and Travelers* Credits
available In any part of the World ; Issue drafts on,
and make Collections In, Chicago and throughout the
Dominion of Canada.

But and

Sell Sterling

Iiondon

Office,

No. 22 Abchnrch Lane.

18

Imperial
SVRPIiL'S,
H. 8. HOWLAN'D,

HEAD

-

D. R.

Pres't.

-

WILKIE,

ADOLPH BOISSETAIN A

Lloyd's. Barnett's Jk Bosanauet's Bank, limited,

Agents

in

New York

:

59 Wall Street.
8J8
82 Lombard Street.
Promptest attentuin paid to collections payable In
any part of Canada.
Approved Canadian business paper discounted at
the Head Office on reasonable terms, and proceeds
•

DEALI.NOS IN

CO.

remitted by draft un

New

York.

Merchants' Bank

BOUGHT AND

demand drafts.
Negotiate Railway. State and

England
rate

rate,

and

subject to

City Loans.

.

Railway Share Trust Co.
(LIMITED).

JBEAD OFFICE, MONTKEAIy.
GEORGE HAGUE,

No.

General Manager.

H. PLUMMElt, Assistant General Manager.

BANKERS:

Toledo Ann Arbor A North Michigan Ists.
Southern Central ists.
Mlddletown UnionvilleA Wnter Gap 59.
Indianapolis & Vincennus Ists and 2ds.
Scioto Valley Bonds, all issues.

ALBERT

E. HACHFIELD,
No. £>« Pine Streot.

Stanton,

|. S.
16

18 BROAD STREET,
BcTS AND Sells
East Tennessee Va. A Georgia Scrip.

and

Ohio Central (R. D.) Scrip.
Kanawha & Ohio Scrip.
Col. nocking Val. A Toledo Scrip.
Toledo & Ohio Central Scrip.
Texas A PaclBo Scrip.
St. Joseph & Grand Island Scrip.
IF YOU WANT TO BIY OH SELL ANY
PUTS (>K CALLS ON STOCKS OK BONDS
write to, telegraph to. send for, or call on,
11. \V. KOSE>BAUn,
l*tn*»o,

60 Fxchnnirc
my npw

Nfiv'-Yorlc.

Send for

Circular

Just

issued.

LONDON, ENGLAND.

LONDON, ENO.— The Clydesdale Bank (Limited.)
NEW YORK— The Bank of New Yorlt. N. B. A.
The New York Agency buys and sells Sterling Exchange, Cable Transfers, issues credits available in
ail parts
f tbe world
makes collections in Canada
and elsewnere and issues drafts payable at any of
the offices of the bank in Canada. Every description of foreign banking business undertaken.

BANK BCILDINGS

4

SOLD.

IVANTEDt

THE

$5,799,200 Paid Up.
$1,500,000
President, ANDREW ALLAN, Eso.
Vice-Pre»ldent. ROBEKT ANUEUSON, Esq.
J.

of

one-percent below that

OF CANADA.
Capital,
Reserve,

A SPECIALTY.
Cash paid at once for the above Becurlt*es ; or they
will bo sold on commission at seller's option.

Co.,

Solicit acconnts and ageneles of Banks, Railways
Corporations, Finns and Individuals upon
favorable terms; also orders for the purchase and sale of Bonds, Shares, Ac., Ac. on
the Stock Exchange.
Interest allowed on Depoeits, subject to 60-days

Bank

PINE STREET.

INSURANCE STOCKS

LONDON.

sight drafts, at

Pitst.

Bailey,

S.

G2 Gresliam Honse, E. C,

Bank of Montkkal,

and Saturday's Evening

Investment Securities

&

Heinemann

OfFICE, TORONTO.

London

in

E.

Cashier.

Brancheb— Brjiiidon, Man.; Calqary, Alba.; Essex
Centre, Fergus, Gait, IriKersdll, MagHra Kails, h*ort
Colborne, *t. rHtbannes, 8t. Thomas, Toronto, Toronto. Yonge St., Welland, Winnipeg, Man., Woodstock.
Dealers In American Currency & Sterling Exchange.
Agents

In Daily Irulicatfir

6>s

28 State Street, Boston, mass,
AND

$1,500,000
$500,000

96 Broad\irar.
my qnotations of Trust and Telegraph Stocks

CO.,

&.

Bank of Canada
up),

See

New York,

TO^all Street,

Amsterdam, Holland.

CAPITAI. (paid

BOUGHT AND SOLD BT

Execute

President.

KEW YORK
Nos.

COnPANIES>

-

BUCHANAN,

J.

Blake, Boissevain

L.ONDON,
$12,000,000 Gold.
$6,000, 000 Sold. Ncgotinte Railway, State and City loans.

-

•

Trust Co.'s Stocks.

ALL OF
& Co., NEW YORK ANDTHE
BROOKLYN
ENGLAND.

Bank of Montreal.
CAPITAIi,
StJBPLVS,

S>pttiixi Jaurstmjents.

FOREIGN.

CANADIAN.

XUII

[Vol.

^aUs.

Jk<ticttott

;

Capital Paid Up, £971,360 Sterling.

Ne«v York Asencj, No. 61 \rall Street.
HENRY HAGUE,
X A„„t.
JOHN B. HARRIS, JK., Agents.

This

Company undertakes the

STOCKS

At Auction.

business of Trustee

J

to

AQENOY OF THE

Loans of approved Railways, negotiates and

Bank
o»

British

Issues

ter of

Loans on the London Market, acts as Agent for

Railways and other Corporations, either In the mat-

North America,

payments of Interest on Loans, Dividends on

or Registration of Stocks In London, or otherwise.

Buy and

sell Sterling

McTAVISH,) .-.„,.
8TIKKMAN, J ABShts.

Anglo-Californian Bank
(LIMITED).

liONDON, Head Office, 3 AnRel Court.

SAN FRANCISCO

BOSTON

Buchan,

STOCK AND EXCHANGE BROKERS,
TORONrO. CANADA.
Stocks and Bonds. Sterling Exchange, Drafts on
bought and sold at CUKHENT PRICES.

COLLECTIONS MADE.

Office,

P. N.

BeserveFund
Iteservp for fniialiratlnn of Dividends...

17,500,000
4,500,000

KUOOOO
7,600,000,

The Corporation grant Drafts, issne Letters of
Creuit toj ii»e ,_,, 1 lavelers, and negotiate or collect
Bills payable at Bombay, Calcutta, Singapore, Saigon
Manila, Hong Kong, Foochow, Amoy, Nlngpo
Bhamjhal, Uankow, Y'okohama, Hlogo, San Francisco
and London.

TUWN8EKO.

Agent, 47

'

'

- • $6,000,000
- - 1,500,000

...

AJDRIAN H. IRIJLI.ER

&, SON,
NEW YORK.

PINE STREET,

WilUam

St.

The

(Cut&s.

L)'K F.

LILIBNTliAL, Cashier.

4

of

Australasia,

(Incorporated by Royal Charter, 1835.)
Tlireudiieedlo St., London,

Paid-up Capital,

--.-..
-.-....

England

i;i,H<

o.uoO

Reserve Fund,
£790,000
Letters of Oedit and Drafts issued on any of the
numerous brandies of the Bank throughout Australia and New Zealand.
Hills negotiated or sent for collection.
Telegraphic transfers made.
Dep<isits received In London at Interest for fixed
periods, or for transfer to the colonies on terms
which may be ascertained on application.
PBIDEAUA SBLBY, Secretary.

St.,

M. L. SCUDDER,

Clilcago,

111.,

Proprietor,)

Jr.,

ANSWERS INQUIRIES CONCERNING

American

Stoclts

and

Securities

Large Library of Railroad Documents.
Competent i^xperLs.
Confidential Reports,

Aioderate Charges

&

Crenshaw
71

WALL

ST.,

Wisner,

NEVF TORK,

COMIHI^SiON 8IERC0ANTS,
Members

Bank

Agency,

Investors'

234 La Salle

400,000

LOW,
l„
IGNaTZ 8TEINUAHT, ("'*"''**"•

Paid-up Capital

H

Correspond'ts, MassachasettB N. Bk.

FKI

BANKING CORPORATION.

A.

422 CaliforuiaSt.

& W. Sellgman A Co.

Transact a general banking business. Issue Commercial credits and Billsof Exchange. available in all
parts of the world. Collections and orders for Bonds,
Stocks, etc., execut ed u pon the most favorable terms.

Shanghai

Beaerve Liability of Proprietors

J.

Antborlzed Capital,
Paid-np Capital, .
Reserve Fund, - .

FOREIGN.

Hong Kong &

OM

WEDNESDAYS A>D SATURDAYS.

^ommtxciixl

NEW YORK Agents,

New York,

STOCKS AND BONDS,

THE

D. A.

&

of all classes of

Cable Address— PATT, London.

Exchange and Cable Trans-

(JIKCULAR NOTES

Gzowski

BALES

(atiUITABLK BLILDI.XO.)

fers, issue demand drafts on Scotland and Ireland,
also on Canada, British Columbia, Sau Francisco and
Chicago.
issued In Pounds Sterling
available in all parts of the world. CO,'>liyiEKClAL. CKEIMTrt ISSI'ED for use In Europe,
China, Japan, East and West Indies and the Brazils,
Klver Plate, &c.
Bills collected and other banking business transacted.

H.

REGULAR AUCTIOH

The Undersigned hold

No. 12

No. 62 TTALI. STREET.^

BONDS

and

of the Cotton. Coffee and Produce Exoh^c

AOENCT OF

THE HAXALL

CIIE.NSHATT

CO.,

KICH,lIOND, TA.
Standard Brands of l<'icMir tor sinoment to
Climates always on hand.

ORIENT (iUANO

ORIENT, L.
Standard

Warn

.MANlIt'ACT'G CC.»
I.

Superpbosptiates.

SULPHUR MINES COMPANY
OF VIKUINIA.
Elcta Grade Pyrites free

from Arseu

OcraaKR

THE (MRONICLE.

80, 1886.]

and l^tohers ©ut of

|Baufe«^ IBaixfecvs

A.W.BIU,

LoDowicsJ.Bux., K. S. MrCA.vnLXaa.

Cuhlv.

Tla»-FTCst.

TUB

&

OoBmUoos pnaptlr inula mod ramlttad (or.
WHiastaa aaaal tur the inTaatmaot o( Idla and
t>r

Oao. STrKOU.

ulTa na a

and United

Tbia Bank bulda la addiuon «1.000,oao D. &« par
•aot Boadaat par. ala<« a« fcr lu Moekhnldata for
Ik* piulillBii of Ha aaatooMn. Bald bonda ara
pla«aa<aaa»on,lHlaada(kali>clMld br tba Rank
aa a part of lt*laCTlawplaa.u>aToldwbat weibink
'
aalaat aad axeaaal

Swan
BANK BBS

9S00,000

BCPPALO, If. T.
kaa aaaartor faaiUUaa for BaklBcaoDaepolBU In tba Uollad atalaa.
laaeaaalMapo
.Ibaral taiaia aztaadad to ae-

_

_

e»antsof
<

''KUHPoxDum.— .<(a«

L*^*! bar

Tark. RaUaBal 8boa
Bank; Ualoo Bank of Ix-adon.

W. T. BuacKwnx,

The Bank

Wilit,

P. A.

Fraal.

A

& Barrett,
AND BR0KBR8,

PENKSYLYAIIIA.

&

Clark

Co.,

&

Narr

c:aaaiar.

BOl.>»TO.\, TEXAft.
»IO«.»00

fllllMHaaa ra«at*a oar apaeial atlasUMi aad ara
Bfoaapay WMlWad »or.

VTATB BANK.

{C.T. Walkar,

ln»>rpara(ad imS.

OwhMr.

I

Gerlach,

Credit.

UOBL^EB.

JOB. U.

....

-

.

IIaii<^«1 ll*i.k_*.

.k

Bcaacaa, rnat.

a. B.

First

a. K.

Ifi'ptiMi.-.

Walkbb. Caahlar.

PniLAOELPRIA.

•

rt. ..r

IT.

iba

o.
UnlUd Mataa.

Whitney

Joirs

all

joM.f

rOLsyx.

'a.ii.

WrW
JiMnnrA

P.

BKAXcn. PrwldaaL
Ww-Prvt

raan. K.McoTr.

WmaAmn ATJAcitao*, wiixLaa

bixict. jb.

Wilbour, Jackson

& Co.,

AND BROKBIU.
no. $% W K, »BOWIK r aTRBET,
BA.'«CKIU1

PKO?IDE\CE,

K.

I.

"Piaiai a to Commaratal Papar. fjoTammanI and
r tfaietkar tfat-aiaaa Uutida and bacartuaa aad Haalgn

ggiaiiJttwA* Talaaraob

wira

to

N»w Tnrk and

Baatna.

Samuel G. Studley,
COXKISSION STOCK BROKEB,
No. 4 ICxrhance Plarv, IUk» No.

BO.>TO.<V,

MKMBKR

(IK BJI'T •>

4,

MAM.

"TOCK KXCnAtnK.

Jcsep!i Cr. Martin,
HTOI

tlea of

K BROKRR.

Ani>r>RAI.KH IS l.^VKT.VK.XT 9BCC&1TIE8
Ha. to atata atrcel, Roaton,

.^^

Clreolara
Tltvlnlaaiid
.^

ObIj llitalioni meabar.

.N.

T. f>tock Kicbanaa.

C.

CO.,
VRRCUANT8

IMA.
>

and!

r.j,

....

lly Biinda houb'tit

W.

u (be debts of
one.«lKblh
southern Uallroad
and sold.
...t;

Branch

&

Co.,

BANKEKS AND BROKERS.

BALTI3IORE.

BTATB BAXK

&

Wilson, Col-ston

111

IIDIXO,

UiCMBOND,
Co.,

VA.

Prtrata wire* oonn.ctlng with Washington. BalUDO'O, PhlUdelpbla luid .Nvw \. i^.
New %'urk coirvsiMM.dent.. I'r.uce A WhUely.

HANKEKH

A.VI> BROKERS.
bnliliiiorpHtoiik Excliange).

RALTinORB.

c> a bub h. aanjMo. J a

Patterson,

Rl<

Stephenson,

BANKKII8 A.M> BKOKERS,
No. ST POURTH AVENUE.

(MBMbaiBOT

E.VGLAHD.

WuuMra.

&

Huutbara pointa oa baM

ptoaptraturtui.

W. H.

Bar eaot abargvd for funding,

.NATIONAL BARI,
BM}UJiONI>, VIR«INIA.

CoDactloaa aada on

Tork.

BANKKR.S

iSTABLiiiain 1871.

MESCBANis
iamai

New

lleferaaca: Atlanta National B>Dk, AllMita,Oa.
and Konrtta National Bank, New Tor<.

TnonAS BR.WCII A
^" •-"...-

PITTSRL'RG, PA.

National Bank,

WII.niM(iTUI«,

ALL KINDS Ot

IN

8BCUKIT1ES.
Boada and Stneka boacht or lold on coniDilMlon
OaoiBia and Alabama Sacurttlas apeclally dealt In.
Ctoiraap uudeuta: Tubey A Kttk and A. Dutunhultr,

8Ute, Clly, Rallr'adanil other Corporate SaenrlHoutberu Stale. %«aj)i(*tl and. fur rale at all
times. Mortgage Louns ihi clly Hiwlarm property,
two to ten jenr». puviug »!x to dent par cent, farnlabad. Pruiupt rupiiu. to curroa^tondenoa, nuillor
wire.

9300,000

^J^lm

BOBBBI M. jAniT.

Humphreys Castleman,
BBOKKR AND DRAI.8H

BANKBBn AHU BTOCK BBOEKlf,
R*. 1S4 aOCTH THIRD STRKBT,

'>a«ln«»« In oar lina.
(-trT*r»' A Tr«'1»f»'

'

AILANTA.

BONO AND STOCK BUOKER,
ATLANTA. CA.

LITTLK RO«'K, ARKANIAS.
Pn>njpt Attciitl
PC. V. ''oHKi.i

Co.,

Jos. M. Shoemaker & Co.

German National Bank,
Capital (Paid In)

&

Harris

SOVTIIEKIV.

Maabara of the PhUadelpbla and Haw Tork Stock
Kzchaadaa, and coonactad \>j private wUe wlih New
York.

.

t
(

W.

N.

BaU road. Manldpal and utbar dailrabia Invaataiaat BaeorlUaa r>T ule.
"nnaaanannaral banking binlnnia ABow (pter^

•«

».o.

OLIYBSTRRET, ST. LOUIS,
Dealera la Weatarm Seenrltlee.
SOS

AMI BB0KEK.4.
CHICAGO and BOSTON.
No. 3S Soatb Tbird Si., Philadelphia. QAKinC 0' Coantlea, CItlea. Ac, or high grade a
PUINUa neclaltr, Keadrar ni-M-rlpilTe l.iata.

RANKERS AND RROKERS,

OMIlal.

F. Keleher &-Co.,

P.

DetBalted Booda of Mloonrl, Kanaaa and lUlnola a
Bpaolalty. Good InvaataiaBt iDaaaitttaa. payliK fraei
fonr tn alabt aar nant. for aala.

N. C,
F»j Spoelal AtUntlon to Collections.
No. 437 CHEST.VCT STREET,
FunT«i.Aa8 rAriLiTin.
PHILADKLPHIA.
Tofk Qni aapuM d' iita.—Tha .National Park Bank Membaraof tha Pblladelnhia
and Maw Tork Stock
aad aarmtb Ward National Bank.
KxchaiiKee.
_. r. Hn.L,
iLA.UiBan>.
Cable Traatfan. BUIa of Bxchaai* and Latteia of

Ck)mmercial National Bank,

1«71.

BANKER.-)

of Durham,

Tioa-Praat.

of CleTelanii., Ohio.

ESTABLISHED

raad Bond*, Bank Stooks, Ac
DaalrabI* loTaatmant Securttlaa eonatantir on band

W.

DKAL

TOWN, COUNTV A.SOCITY BONUS. Llata
and prioaa fttmlabad on application. Write iu If roa
wtab to bay or aall. Hafer, by permlaslon, to Soc^y
for Sarlpya. SaTlnge A Trust Co. and National Banka

Caahlar.

DL'RHAn,

Piaantant.

CLEVELAND, OHIO.
Transact a general banking bnMness. and

Dealan la OoTamiaant, Bute.Coanty.CItT and Ball

E.

Buffalo,

t

Ucoaoa

No. IS?
IN

188 middle Street,
PORTI..%NO, .TIAINB.

Bbbbxav SJKwnr. Praa. Jodiaa icwarr.T J>rai.
William C Cuuiweu. Caahlar.

4Hafl^a

Ronda.

States

& Co.,

Bros.

ANKERS,
SUPERIOR STREET,
F

Dealer* In Mnnlcipal, State, Railroad

Capital, 9200,000. Sarplna, «50,O00.

Bank of

Lamprecht

ALSO,
la

trtaJ.

North-Western Natl Bank,
CHICAGO, IL.LIXOIS.

CAPITAI.,

TOWN. CODNTT A.Nlt CITY I!ONT)S.
I^KB UUI'KKIOK IKO.N MI.M.VG BTOTKS,
ASn STRKKT KAII.KOAO SKCURITIBS

BOSTON STOCK EXCHANOES.

W. GooKix, AaaU CaaH.

r.

Pica':,

money U alwara

CI.ETBI.AND, OHIO.
BPkCIAI.TlKS:

STREET,
BOSTO?r.
MEMBERS OF TUE NEW YORK AND

ladlTtdoala.

la oar aetira and im)win# ciiy
Oar ratas raaBonabla.

Co.,

INVESTMENT BANKERS,

Estabrook,

35 CO>-GRi:SS

No.

Stale*.

aa« aarplBa, - - tSOOjOOO OO
Aeeoaou of Baoki, MardianU, CorponUou and
BdlTldwU* mpMtf ally KiItciMd.

Capital

&

Chas. H. Potter

BANKERS,

ATLANTA, GEORGIA.
Btltgnaltd Depotitory of the United

'WESTER!!^.

Cobb

Brewster,

Gate City National Bank

auvtaa raoda of Banki

glcwj llovk.

EW EKOL.A1WD.

BAXK8.
FnaMant.

2

jlteanxsTtt^s.

ONTBarMRlIT and SOLTUBBN BaOClUTUna
•peelaltr.)

_

ON Y

_

_

L.

Ouataayraidanna aoUeited anff^HStrttMoa fsr^

mT T. OBt f aapoadeBU-McKim ^otiianA Co.

Robert Garrett & Sons,
BANKERS.
No. 7

aOUTII STREET,
BALTinoHE,

UR.VKllAI. DOMK9TIC AND
PORBION BASKIVH BUmNWW.

TRANSACT A

Wm.

Sons,

Aad Daalera la GovprnBiaata, stocka
aad iBfCatnteol secDlitlea,
ii moDTH tITRBBT,

.

B A bTi .n oit
Rnva Waataro Union

mean,

'»f

which

Bad with all coniOiiTf
pealai attention Ktv«'j.

no.,

B,

wir». to tbelr onicea, br

Iinnji""--*

"intilflatlon

can be

cfiuntrj. Kannd awle «f TlrTea-tor
and all laauba
'•rifeaiMata.uid Co all '-i"-!-. of Soolbem Htate.
itT and Hallway SaeoriUaa. Consapoadanor
<ii]la(.'oOM>l«,

'

France.

GENERAL TRANSATLANTIC CO.
W YORK aad HATRB.

HetT<

'" Jou..r.elln, Sat.. Oct. SO. T A. M.
I.A I
...
:.nirlli
t>«t., SoT.«. 1 I'. M.
I.Ai...
I.A BUL;i.(.ooM< >''rangi'Ul...>at.,NuT.13,ar.M.
Plar(naw)4a.r.ortu liivar. foot of Morton St.
'Irarelara by this line aruld bulb transit by Bngllsh
railway and Iba dlsouiuforta of oroialng tba Channel
la a (inaU boat.
_
PKU-k or PAKHAoa (Inolodlng wloa):—To narre—
FIrat cabin, tiooand IWi second cabin, toO; atear.
including wina. bedding and atenalls. Heaca,
tum tlckau at Tary redooed rates. Cbaekson Bangoe
I'ranaatlantlqaa, uarraand Parls.io amounts to suit.

Won

„

&

Fisher
BANK EK8.

3rroa:TB Bboxip Ht

Direct Line to

rie

-

i

t»—

Special Train from HaTra to Parle.
Tha Compagnla Oenerala Tranaatlantlgna dallTan
at IU otDoe In New York apeclal train tloketa from

lUrre to Paris. Bsagaga cbeokad through to Parts
without akamlnatton ai llarra. protrldad paasaiurara
hare tbe same delirered at the Company's doek In
New York, Pier 4'^ .North Itlver, foot of Morton 8U,
•'
St least two honrs before the departora of a

LOUIS DE BBRIAN, Aceat,
No. 3 Bowline Green.

THE CHRONICLE.

[Vol.

f^ixvxncinX,
ST. PAUL ini<VNKAPOI,IS
THEMANITOBA RAILWAV CO.Ml-ANV,

&

New Yokk,

Oct. «, 1886.
A.NIl ONBThe usual quarterly dividend of
I'EK CE.NT on the cjipital stock of this company ha« been declared, piiyable mi this office on
and after Nov. 1, to 8to<;kholder» of record on that

No. 63 WlI.l.IAM

St.,

ONE

HALK

The transfer books
M., Oct.

Not.

will

and re-opened

1»,

JOHN

3,

8,

In* bonds Is payable at the banking hntise of
Messrs. WINSLOW, LANIER & CO., comer of Na»au and Cedar Streets, New York City, on and after

Not. 1,1886::
Aurora, Indiana-.
Municipal ds.
Denver South Park A Pacific Railway Co.—
First Mort«aKe Ts.
<jlreencaatle, Indiana—
School 89.
Grand Rapids & Indiana RallroM Co,—

Ka! New
i West

$400,000

SUBPIiVS,

9400,000

Xn order to perfect arrangements for paying interest in accordance with the plan proposed by the
undersigned Purchasing Committee, as modified by

the committee representing the bondholders, It Is
imperative that a limit of time should be fixed for
the assent of bondholders.
The undersigned therefore give notice that the
bondholders who desire to accept the proposition of
the committee and to avail of Its adyantages, must
sign the books now open at the office. No. IBS Broadway, before Not. 10, 1886.

JAMES F. JOY,
T. H. HUBBAKD.
EDO A 11 T. WELLES,
O.

I).

ASHLEY,

1

Purchasing
(Committee.
I

J

DEGHUEE'S

R. 11. Improvement 7s.
Pltt«burg Fort Wayne A Chicaeo Railway Co.—

Mortguge 7s, Series "E."
Second Mortgage 7s, series "L."
Paul & Northern Pacific Hallway Co.—
General Mortgage Bs, Registered, Quarterly.
Terre Haute, Indiana6s.

GEO.

First Mortgage 78.

U

NOVEMBER
Blackford County, IndianaGravel Road 7s.

Wabash

{.bounty.

Funding 68.

NOVEMBER

14,

PER CENT

on the capital stock of this company
/rom net earnings, has been declared, payable Not.
16, to
1,

stockholders of record at close of business
1886. Transfer books close Nov. 1 and re-

open Nov.

la. 18S8.

A.

8.

WEINSHBIMER,

Secretary.

NETirpORT NEWS 4:
OFFICE OF VALLEY COMPANY, MILLS
MISSISSIPPI

BtriLDiNO. New Yokk. Oct. 27, 1886.— Holders of
currency bonds of 1918 of the Chesapeake & Ohio
Railway Company are hereby notifled that this company is now prepared to issue Its certificates of stock
in exchange for their bonds as provided In circular
letter of C. P. Huntington, dated July 24, 1886.
1.

B.

GATES,

Treasurer.

Standard gauge and first-class equipment
Being the financial agents for the sale of the above
bonds; and believing them to be a first-class Investment, we offer a limited amount at par and interest.
The privjlege is reserved of advancing the price
without notice.
Full Information furnished on application,
&. BATEMAN, 11 Wall St.

GREEN

THROUGH THE SOUND AND
ItEI.IABLE
WESTERN FARM MORTGAGE CO.,

INVEST

1.

E.

GATES,

Treasurer,

OFFICE OF THE CHICSAPEAKE ic
OHIO RAILWAY COMPANY, MILLS BUILBNew

York, October 27th, 1888.— Holders of
series '"B" bonds of this company are hereby notifled
that this company is now prepared to stamp such
INO,

bonds under agreement extending the same for 100
years at 4 per cent per annum, payable semi-annually,
and Issue new coupon sheets therefor.
T. TOURNIER, Treasurer.

KDWARO

OF THE
PAOFFICE COMPANY, 23SOUTHERNMILLS
CIMC
BROAD ST.,
BcHDiNG, New York,

Oct. 28, 1886.

Coupons due

November

1. 1886, from the following bonds will be
paid on and after that date at this office:

& San Antonio (Western
BlvlsionJ First Mortgage 6 per cent.
TIMOTHY HOPKINS, Treasurer,
Galveston Harrlsburg

rpHE AmERICAN EXCHANGE NATlONAL BANK,

128

BROADWAY, NEW YORK,

October 26, 18S6.— The Board of Directors have
this day declared a dlTidend of

THREE AND ONE-HALF PER

CENT,

payable NoTcmber 1, proximo: Transfer books close
to-day and re-open NoTember 8,

DUMONT CLARKE,

Cashier.

rPHE BANK OF THE STATE OF
*NEW YORK, NEW YORK, October 26, 1888.—
At a meeting of the directors of this bank, held this
day, a semi-annual dividend of FOUR PER CENT
on the capital stock was declared, payable on and
The transfer books
after November 10th next.
will be closed on the 30th Instant, and remain closed
until NoTember 11. By order of the Board.

JOHN

H.

ROLSTON,

A SPECIALITY.
Railroad Co.

& Amusdnent

rCEO.

Eleven years' experience, with absolute satisfaction
to over 1,500 investors. Send for circulars, forms and
full information. Branch offices in N. Y. City and
Albany. New York Office 137 Broadway,
C. C.

66;;'Broa(l'<rar.

V oom'S.

POTTER,

HINE & SON, AgenU.

Terminal B onds.

CALIFORNIA PACIFIC

Chicago Burlington & Quincy, and terminating at
Harrison Street, east ol the Chicago Itiver, with
ample city real estate for freight and passenger
depots, elevators, yards, Ac; accessible on both sides
of the Chicago River and within a few blucks of the
Board of Trade and business centre uf the city.
Property costing over $5,000,000, and from its
location will increase in value as the city of Chicago
grows. On the above $4,000,000 First Mortgage 5
percent Gold Bonds have been issued, due in 1036.
The Wisconsin Ceniral Associated Lines, the tlr^t
tenant of the Terminal Company, guarantee the
interest on these bunds, which is payable June and
December in New York. The undersigned offers a
limitedamount of these bonds for »ale, basing their
first, on the cost of the property in the city or
Chicago; second, on the gurantees of interest by
the first tenant; and third, upun the value of such
terminals in a railroad centre for general railroad

value,

extend the same at the rate of 4^ per cent per
for the term of twenty-flve years, vis , till
Principal and interest of the extended
1, 1912.
bonds will be payable, as heretofore. In United

Jan.

States gold coin.

who wish

Holders

to arall themselves of the priT-

llege of extension are requested to present their

bonds as soon as possible at the ofiQce of the undersigned, where their bonds will be stamped and the
new coupon sheets affixed, free of charge, until further notice.

&

Speycr

W, BRKNTON WBI^IilNG.
United Bank Building, Broadway and Wall

Massasoit House,
SPRINGFIELD, MASS.
THE BEST APPOINTED HOUSE IN WESTERN
NEW ENGLAND.
Union Depot.

W. H. CHAPIN.

Fifth

Col., Oct. 23, 1886.

Coupon No. 32, due November 1st. 18S0. of the
First Mortgage Bonds nf the Denver & Hio Grande
Railway Company will be paid on and after that date
at the banking house of Maitland, Phelps & Co., New
York.
J. W. GILLUDV. Treasurer.
For any of the above referred to coupons left lor

be maiied on thebOtn

PI.ARINDA BRANCH
^

*T.

inst.

LOUIS

KANSAS CITY & NOKTHBRN BAILWAT
CO.— A Bondholders' Keorganlzation .Agreement has
been prepared and is now deposited with the underaigned, ready for signature.

CHAKLKS MOBAN,

NKW YORK.

68

Chairman,

WUllam

Street.

Sept. 16 1866.

Speciali8t§ in

HOTEL,

18

and Delightful Location.

HITCHCOCK. DARLING A CO.

John G. Moors.

W.E. Kitchen.

Moore

&

g.B.Schi«bt.

Schley,

BANKERS AND BROKERS,

26
72

BROAD STREET, NEW YORK.
WaU

St.,

Bbancb Offices:
ll« So. Third
N. Y.
Connected with

St.,

Pblla.

J

Evans & Co., Boston,
COBSON & MACAKTNKr, Washington, D.C
B. L. BBKWSTKK & Co., Chicago.
HUBBAHD & F.\KMi:u, Hartford.

I.

A.

Private Wire Connections.
Bonds and Miscellaneous
New York Exchanges; also Grain and
Provisions on Chicago Board of Trade.

Buy and

sell stocks.

Securities on

Spencer Trask & Co.,
BANKERS db BROKERS

Railroad Bonds. i6 and i8 Broad Street, N. Y,

&

Elliman,

WAI.L STREET,

NEW TORK.

COKEESPONDENCE INVITED
Gas. Tnsnrnncn, Bankn, City Railroads,

Send tor li.Ht published Mondays.
J.IP. \WNTUIN«UAM. 3« Pine St., N.Y.

<KC.

YORBU

Jfil^'W
The Largest Best Appointed and Moat Liberally
Managed Hotel In the City, with the Most Central

Albany, N.Y.

Buttrick

Avenue

madison Square,

St.

THB DENVER A RIO GRANDE
RAILROAD COMPANY.

will

Co.,

MILIiS BUILDING.

purposes.

DicNVKK.

RR. CO.

The »3,a50.n00 FIRST MORTGAGE 7 PER CENT
BONDS Of the above company mature Jan. 1, 1887,
payable in New York. The company has resolved to

Convenient for the tourist or business man. Near

The Chicago & Great Western Terminus includes a

examination checks

President.

Casbler.

line of railroad entering tbe city of Chicago from the
west, partly parallel with and near the line of the

Co. Stocks

B.ZRIPIiEir,|]X!l9

P.

TTORB,

JOS. \r.

L. H. PERKIVB SeC.
P. M. PERKINS, Prea't.
.
.
.
!fi!iO,VlOO
Paid Up Capital,
The choicest *irst Mortgage Farm Loans, also the
Company's Ten Tear Debentures, based upon its
paid up capital and assets of over $650.0tj0. No losses.

Castiler.

Stattn Island Securities

Government Bonds bought and sold, and exchanges
Washington made for banks without extra charge
We have a market for prime first-class Investment
Securities, and 'nvtte proposals from States, Counties and Cities, when Issuing bonds.
We do a general banking business, and Invite cor-

IiAWKENCt, KAN.

NE1VPORT NEWS &
OFFICE OF VALLEY COMPANY, MILLS
MISSISSIPPI

BuiLDiNg, New York, October 27, 1886.— Coupons
maturing Nov. 1, 1888. on series 'B" bonds of the
Chesapeake & Ohio Railway Company extended for
100year8at4 per centum per annum, will be paid at
the office of this company at and after maturity.

We

draw our own exchange on London and the
Continent, and make Cable transfers and place
telegraph throughout the United Statea
and Canada.

money by

annum

Entire Issue limited to $12,000 per mile.

OFFICE OF P17I.I,IIIAN>S PALACE
CAR COMPANY, CHICAGO, Oct.
1888.
DIVIDEND No. 79.
_ usual OU.<KTEBL\ IllVIDENDof TWO(2)
The

reserve.

6

of Georgia.

80.

it.

Boston is a reserve city, and balances with us from
banks (not located in other reserve cities) count as a

ASA

miDM Building.

Covington & Macon Railroad

Cambridge, Indiana—
Municipal 78.

Not.

D,

OF THE

Indiana-

Gravel Road 6i.
November 19
:::.iB'=;=:
Hancock County, Indiana—

rant

respondence.

PER CENT
FIRST MORTGAGE GOLD BONDS
30-YEAR

15,

Our facilities for COLLECTIONS are excellent
and we re^^lscount for banks when balances war-

DOUGHERTY,

MV.

Room

Whltly County, Indiana—
Orarel Road 6b.

VAL.UES,

PUBLISHED AND FOB SALE BY

Western Railroad of Minnesota-

JfOVBMBER

BOND

TABLtES OF

Accounts of Banks, Bankers and Corporation*
BOliclted.

In

First

Consolidated

1II4SS.

CAPITAL,

CZ

St.

BOSTOIV,

the

Tvay East of the Mississippi River.

State Honse Bonds. 3X per cent.
Virginia Railroad Co.—

MortKaue 7s.
Portsmouih. Ohio—
First

Maverick National Bank

Rail-

Mort«aKe 69.
Indiana Htate—
Ohio

1886.

Mortgage

the

Bonds on the Lines of
Wabash St. Lonis & Paciflc

be closed at 8 o'clock P.
at 10 o'clock A. M,. on

FOIiIiOlT-

Holders of

the

KENNEDY, Vlce-Pres't.

T^HB INTEREST ON THE

Iiflnanctal.

New York, Oct. 7.

To

XLni.

Providence, R. I

]

Saratoga.

Transact a General Banking Business,
Direct Private Wires to each office and to

PHILADELPHIA,

~"~"

""

'.

''BOSTON,;

_. IWORCEStEET"

•mntlnV

turn

AND^

HUNT'S MEBCHANT8' MAGAZINE,'
fiEPRESENTINQ THE INDU3TRLAL 7AND COMMERCIAL INTERESTS OF THE UNITED STATES^

SATURDAY, OCTOBER

VOL. 43

CONTENTS.

biiaine.-8

NO. 1,1140

80, 1886.

beiag fl67,838,05< and $143,645,019 in the two
an exoeas of 4*9 per cent.

yean

icspectively, or

THS OHRONICXX.
CleartDg-Rooae Betama
4X7
Xka Fliuaolal Bltoatlon
ABi
Sooth PvonaylTanlA DealMoo aod rutun Ptaoa
301

na

MS

Railroad Earning*

BookMoUoea
Una awry and
Bocllab Mewa

Wtk

J

&05

M>6 NawTork..
SksOaateBoad'aProcraM.. S03 Oommerelal and MlaoeUaoeooa
BMiteaadBalcula
50J
Mewa
507

Karkat. rorelcn Bxifcaiw, D.g.«eB«rlUaa. State

amd BaUroad

Bonda

and
909

la Prioea at tte B. T.

Sxekance

(-34-8)

(S1«,M0)

1+81-8)

l4tMS.8M)

(-1*7)
(-741)

+IB-S
-»»•»

|S7,a7a.88S

f-IB-4

B.a07.SM

-I-14-0

IJS0,4H

+!»

l.S«S,tl9

+IS-1
-0-7

laiS.34B

+8^

MM^MS

.t-U-4

1,07S.0I7

7M.SM

4Sri
HO-O

nbfiM

+18-S
+4-S
+1411
+1-S

BoatoB
_
ProTldaBaa.^..
Hartford

lauMojas

t»,naA«

Maw HBTaa.....
Portland.

Miojr;
na,4«i

I.tOOMS

Uli)

,

V7B.68S

Ain> Fuf aboial Chbobiolb it piMM*d <n
Iftm Tork »9$rif Batwriam mtmImM,
(£ itand at the Post omoa, Bev fork. B.T.. aa a<wwdolMam«n aattar.]

Tbb ComiBBOiAL

Tenu of SabseriptloB— PayBbls 1b AdTSBce
99t O— Tear (Inrtnding poatage)
flO SO
VorSU Moatha

£>
iS« > . ripUi»tt»eladtM BnUte)
_.

—M

pHaaa

ta al nd a Ike

Total M.

tlO»,StSMS

iao,Bsa,saa

-t-u-s

•a8.o«,aao

|BS.MS,SIS
a.ti8jsa

+i»i
furo

t>4.ooo.ias
8.«s*,«aa

u,i«7.aas

io,7ae,i6o

•HS-l

U.MM.WO

H-is-s

PhlUdalplila...

Pttubar(_....
•altlBore

ToUl

I77,aas,774

Its^i.tsi

ie,sat.iDO

•,aio,aM
.TOT.OSS
3,I«S.IM

4-11-8

10,488,400

»6-S

4.8n4as

1.S77.8QS

-f-ui-a

M*7,001

+•«

•JST.TOS

two

tmA foralalMd wttfeeat azlra ahaif* la aabaeithera ot the

i.an.Mi

GUMMnOLS.

t.M7.740

IMS.!

iwfflkaaaaMraa«n«a daSaltalra'Sandaloppad. The

adabrDrafu

eanta: poatacoon the aamela 18
at SI

Ma7,M0

at tka OOMiiaaciAi. ura Puadcial Caaonou la London
Mn. BoWAkoa * SarrH. 1 Drapera'Oardaaa, B.
where anbaad adrtHMieaH win be lakea at Ike Mffnlar ratea, and
• of the papac aapBBad at la. eaeh.

C

WILLtAM

tomx

a

a(thaanonoubUTatpaolUa(Blft.BzahanjreBnildlnjn.
DAMA. WILLIia B. D.15IA * Oo.. PablUhera.

ftoro.

a.

79

Jc

SI

WIIIU

tt»a«.

PiMT urrioa
oa

RBW YUMK.

Bor B5'4.

was

+ 1»8

+1»«

-0<

+1*M
+881

4JM.03S
4,847,4*1

+•

-»8
+81-7
+181)

8,881.807

~i8ei8i«,lM
118,8 10,847

mt.tn

+18-7

+»«

-fsrs

1,804,884

+8B-1

—17*
+*•
+8r6

u.ns.ias

-»o

8,er7J84
4,8B8,«1

4,4S0.0«7

«'44'0

8,083.147

l,U4.tt4

-t-3H«

MIB.IOO

Ia7,ai7.u4

tlWJWff.lHH

+1-S

'WVW.ITO

+S-4

|ll,78t,*M

IIO,S7a,S17

+«s

118,848,138

tMa«,t»aj» n.is»,aw.o<o
WSa.SB»^7 t^a^«e».ae^

IUB8,7W.8aO

_jw;a
+ 11-4

-l-lfll

ta8«,aBa.a.8

TWi

.oaljTUIo...,
CItT..

l,US,tt6
OalTaat oo*

,

CLSAMINO HO USB RSTURNS.
New York Stock Exchange

t7»,tSS.SS7

+81

8,»7e.l81

1,184,880
804,871

-IM

New OrlMM.

Total Boathara.

Although the spacoUtioii on tha

•

f4t-S
•Ml-4
•MS-S

4,sis,sas

t-18-1

+181

8,470.400

•is,*oijei

St Loela
St. Joaaph...

+1S-S
+S-8

•8M17.7SS

+»

I8ajes,ias

Total Wi

+1S«

IS0,«»,784

a.7l«SM
tjn.ias

DaaTar*

-8-4

+14-4

IST.tM.ltS

lkOit.7SI

in

•38,4*7

ie«,SW,M7

Middle..

10

Iimnoa*' SnrrLnnvr, l ean ed once

1,700,477

WtkHB

1138
«3 7a.

^iaLaa4aa(&Airti^paataga|

(ao,as3.oooi

...

Lovau

+10-S

(— U-4)

(-SW)

1.0W414

Jfhe Chronicle.

1774,117,064

(-147)
(-«S7)

(i8s.m.dM)

Wmnhum

QaotattooaofStookaandBonda 511
Coeal SeeortUea
SI3
Hailroad Bamlnn
513
iBTvaaaaat and JUllroad IntalUfHiea.
514

<SS8,IM)

(JSiTUMMOi
(»Me7,ooo)

I)

910

...

-11-8

(SJS0,S3S)
(«w,sooi
(ta.Bi«,4«»

Oct. IS.

PtrOnU

S3t4,aao

.)

3M

THB BAMKKBB' OiLZBTTZ.

ITMk Badlaa

iaH,>;s,M»

I)

liii

TvelTeMooUu

a.

Oct.

PwOmI.

n34,sss,ass

fl U aad

Bspofta for Saptaabar. and tor the Nine and

BiOtaa

isas.

Oommarolal

Total aU..

OelaMalCaw Tork

1.87S.m

1,743,871

week ending Ootober 23, the
Not iDoladad la toiali.
Oar usual telegraphic returns of exchanges for the Bre days
traaaaetiooa in sharea oovared a market Taloe aome aerenteen
aiilUoo doUara laaathan for the preriooa week, and to this fact jMMTShBsn nosired, and are given below. At all points then
fairly

active during the

'

due the greater part of the falling off in the exchanges at
At MinneapoUa tlie loaa from October 16 ia reported
to haTe been oaoaed by the railroid strike and consequent intermption to boaineai at aome other points it is aacribed to
the rather warm weatlMr and to a little slowing ap in trade
for that and other reaaona.
During the week of 1893 with which the present figures
eoaapare, there wai a rery decided gain in the rolume of
niaaihiin, in eoneeqnenoe of tlia marked increase in st<x;k
opssstloos hi New York, the result being that there is this
week a decrease at New York compared with last year of U-8
ia

thia city.

;

has heaiMuiuu loss from the figures for the corresponding flvs
days of last week, the decline being greatest at New York,

and ascribable to a farther

8

lan.

HowTock....

dWaafSUak

transactioas on the

New York

1804^1 .TO*

cry SM-t Oct. St.
1888.

-11-7
{-8,(-8)

f^>(MM

M8ejH.<3rr
ia,U13M) (-84-41

Coaatn

Stock Exchange for

Total all

(1,8011,888)

(l,S7«jtt4l

a8,!8».<77

per cant. At other points large gains OTer last year continue PhUadelshto..
Baltlmofe
to be reootded, IndianapoUa leading this week with 121 per
Obtaao
oant, followed by Omaha 46-6, Columbus 41-8, Kanaoa City 44 ai.LaaU
sad Clereland 88-9 par cent.
The only important loaaee are Haw Orlaaiu..
TiTial
at Ifsw Orleana 967 per oent and Biinneapoiis 19-5 ptr cent.
I

fallioK off in at ick speculation.

Contrasted with the five days of 1883 there ia a decrease in
the whole country of 6-4 per cent, but outside of New York a
gain of 7-2 per cent is recorded.

eSJ»8.180

+8-1

74388.141

40381.788

80310380

+l«-t

S8.1lt>'.48f

+80

10379. 7M

*-Urt
+11-7
+11-8

4S.W7.000

40308300

^iro

11388,t84

+4-1
-1-8
-81-8

48.S1H.»I0

1M67J07

ia.8fti.1U

1-74
-SO'

«,4'7D.?aa

83004M
r70S.974.nei
•7,108,183

«773.1«MU

'

"-M

l1M.I<88i4(«

l<H8,lt«»3*

haTe raached a market Talne of |183,S29,000 against
OataMe Naw Tnrk
91fl,M4.000 a year ago, the exchanges arWoB through other
miuialtJi OD tha batli
';

8.3lj8.1il0

»7J<W,«V7

+18-7

+178
-S-S
8S7»9iH.'ii;

nf Uia la«t waaklj ralnrn

THE CHRONICLK

498

succeeding month makes tbe presentation more forcible,

THE FINANCIAL SITUATION.
The tendency

in

[Vou XLin,

and as the Bureau of

money has been towards lower

rates

week issued

Statistics has ttiis

report of exports and

its

we give

imports for September,

Bankers' balances have ranged from 8 to 2 the foreign trade statement below for the nine months of
per cent, with the average about 5 per cent. This change the year. To bring out the situation more clearly, we
is due mainly to a better supply of funds in consequence have grouped the movement into three. month periods,
of gold imports and partly to a lighter demand, resulting omitting 000s in each case, so as to be able to express
from a comparatively dull speculation at the Stock Ex- merchandise, gold, and silver separately.

this week.

urgency in the inquiry from the
West and South for crop purposes. As a consequence
of these conditions there has been a belter inquiry for
commercial paper, first-class sliort acceptances and four
change, and a

little

months' endorsed

At the moment the
reached

a

receivable selling at

bills

5^ per

idea undoubtedly prevails that

period

of

is

that

Secretary Manning,

who

again assumed the duties of the Treasury Department yesterday, will speedily put out liberal

bond

calls,

D.NITED ST.\TE8-(OOOs Omitted.)

Gold.

Exctn

Ytar.

Exports. ImjwrU. of Ex-

one for

1

made yesterday afternoon. As
these calls have not hitherto liberated much money over and
millions having in fact been

Im-

Ex-

ports.

ports,

ports.

cent.

we have

larger reserves and easier rates,

especially as the belief

FOKKia.V

TRADE M07EMK.ST Of THE
Mekchaxdise.

less

1886.
Jan
Fab
March..

10,87,S

t

Total.. 163,580 164,110
April...

M»y....
Juno....

•354

3»,8*> •3.349
5a.872 1.229
54,212 1.693

54,017
54,101
35.907

Total.. 164,025 164,450
July....

August.

53,799
51.181
34.054

53,6.')fl

•4-as

••2.857

58.077 •r.49:i
33.328 •1.264

+4.61)8

9.921

888
840

t
47,41.'-.

of
ports.
Import*.

*
3.582
5.654

«
1,70H

36,887 •4,782
60.o:W •6.345

3r.9S8
51.903
53.693

SinvEB.
Excess

Exam
of Exports.

t
1,023
1,147
1,760

t
1.88*
854

+9.081

a,90T
2.001
3.345

3,5:i 18.157 +14,023

7,a53

3,930

3,323

1.824

096
811
678

851
249
263

4.812
7.393
S-iso

*
+876

Imports.

t

66S

+8.117

1,854

1,128
1,257
1.176

883 •iO,5o7 +19,721

5.748

3,861

2,185

+683
4.831
4.68«

3.246
I.SSO
2.492

1,406
1,470
1.461

840
410
1.023

682
4,907
4.991

1,175
131
308

+4,461
+7.14f

3.068

above the current Government
Sept....
Should gold im- Total.. 138,04- 169,661 '11814 10.843 l,lil4 8.9.-« 6.618 "Xsio 2.278
not seem to be a very promising one.
ports continue the next two months they would give per- 9 mos... 485.638 498.251 •l!»Will4.938!4O,338|+-25.420 19.617 11,831 7.788
• Excess of imports.
t Excess of e-xports.
manent relief.
But without such a movement, unless
To obtain the full teaching of this statement, one must
business development is to be arrested, there would appear
to be good prospect of a full employment for whatever recall the fact that an average allowance of from 8 to 10
million dollars a month is requit-ed from the United States
funds may be available during the winter.
Discounts of sixty, day to three months bank bills in to cover undervaluations of imports, interest payments
London are now reported by cable at 3| per cent. The and freights due Europe. So when we find that for the
rising tendency is almost wholly due to the comparatively first three months of this year, on the merchandise movesmall amount of bullion held by the Bank of England ment, there was a debt against us of $554,000, and on the
(it is this week reported at only £20,026,198) and the high
second three months a debt of $425,000, we know that the
rates of exchange in New York, the latter indicating full debt for that six months was really, say $50,979,000,
(especially at this period of the year) a possibility of which we paid partly, we may presume, in secarities and
further large requirements of gold for shipment to partly by exporting in the same six months gold ($34,America. The loss by the Bank this week has been 349,000) and silver ($5,503,000), or a total gold and silver
£122,000. This we are informed by a special cable to of $39,857,000. Ttiat was a period when our strikes and
us, resulted from receipts principally from China of labor disturbances prevailed; so lack of confidence led
£37,000, and from the interior of Great Britain of Europe to demand gold and but few securities. Latterly,
£10,000, and from an export wholly to South America of howevjr, the situation has in is leading features been
£169,000. The only shipment we have been able to almost wholly reversed. The first change was the d sipdiscover from London to America since our last has been pearance of the threatening aspect in labor troubles,
£60,000. From the Continent we estimate there is now coupled with a marked illustration of the power of our
afloat about $800,000, mainly francs, making the total courts and government to deal with and suppress violence,
still afloat, so far as we can trace the shipments, about
and of the healthy state of public opinion which prevails
The past week the steamers have brought in support of order. This and the uninterrupted improve$1,100,000.
in all we reported afloa t two weeks since, those arriving ment in general business and in railroad earnings has led
Sunday and Monday bringing $3,355,000 and on Tuesday to a demand in Europe for our securities unparalleled in
receipt^, that resource does

£55,000, making $3,630,000 in

As was

volume.

all.

An

idea of the extent of the

demand

is

disclosed

by the above trade figures for the last three months. They
firmer on the arrivals of gold, being advanced one half show that on October 1 we owed Earope on the merchancent on Tuesday; but since then the tone has been irregu- dise account for that quarter $11,614,000; now, if to that
natural the rates

for

foreign exchange were

heavy in consequence of tbe we add $25,000,000 for under-valuation of imports,
and dearer money in London freights and interest (as explained above), we have a total
while short sterling and cable transfers were in demand indebtedness of say $36,614,000 for the tHree months.
and generally firm. The inquiry for sight bills has not But instead of our sending over any gold tol^ay this
however probably been to cover gold imports, as they adverse balance, we received during the same three months
lar,

long

sterling

being

pressure of commercial

bills

were undoubtedly covered before arrival when there was $S,929,000 gold, which

(less

our silver exports of $2,278,-

a considerable profit in the operation.

brings our foreign indebtedness October

arisen in connection with the

large

More likely it has 000)
Stock Exchange settlement very

sum

of $43,265,000.

1

Furthermore,

up

to the

we have

London and the operations of the arbitrage houses. been importing more or less gold every week since, with
There is so much uncertainty with regard to money in exchange about the gold importing point jduring th&
London, and there will be as long as -there is danger of whole of October. Of course it is well known that at
losing much gold, that speculators have to operate cautiously. tiiis period of the year there is always a considerable
The low condition of exchange and the arrivals of gol I, amount of bills on the market covering future shipments
taken in connection with the foreign trade figures, aHonl of produce, more especially cotton, and probably in Octo-

in

ihe trade relations have changed.

a good measure of the proportions of the foreign demand
which has for a few months back prevailed for securities.

S piembtr and previous mouths very

"We have

1

heretofore] referred

to this

point, but as each

t>er

fiueuce operating

chiefly in

But

all

that affects

slightly,

being an

October and the coouug

OCTOBEB

The

months.

THE CHRONICLE.

30, 1886.]

fact

still

stands that on

October

1

this

43 millioDS of unsettled balance stood against ns, nearly
all of which could only have been settled through a purchase of securities.
accords too with the general report

coDclusion

This
received

from our leading

nections,

who say

bankers having foreign con-

come up from

that the inquiry has

every European monetary centre. At first thought one
might assume that such large purchases cannot fail to
leave the market
condition.

in a very sensitive

Of coorae

if

if

not in an unsafe

499

commerce among the Scales and with foreign
and was among the most important of the subjects
which prompted the formation of the Constitution; aiA it
would be a very feeble and almost useless provision, poorly
adapted to secure the entire freedom of commerce among
the States which was deemed essential to a more perfect
union by the framers of the Constitution, if at every stage
of the transportation of goods and chattels through the
country, the State within whose limits a part of the transportation must be done could impose regulations conregulate

nations,

the takings were in great part cerning the price, compensation, or taxation, or any other

be returned on us at any strain or restrictive regulation interfering with and seriously emor New York, this construction barrassing this commerce.
The court conseqaently holds
woold be warranted. But on the other hand if they that any statute of a State attempting to regulate fares
Are mainly for investment, and this is the assertion of and charges by railroad companies for transportation
Uk)m who are most largely engaged in that business, it which constitutes a part of the commerce among the

specolative, liable to

depression

in

London

becomes a source of strength instead of weakness. These
known to have taken oS ths market large
securities and conservatively
quantities of our best
reorganized properties (for the early demand was in great
part confined to these two classes), all of which have found
a wide lodgment among foreign investors. We do not
mean to be understood as saying that there are no specu
Of
lative holdings of American securities in Lindon.
coorae there are, and they have increased materially of late
weeks but so far at these holdings are confined to safe

States

As

purchases are

;

properties they are

amount of

being abeorbed.

idle capital in the

Tbe

world to-day

is

truth

is,

the

almost with.

oat parallel, being the accumulations of a long period of
A
daprenion remarkable for iu dearth of enterprise.
illoatralion of this condition, was the excitement in Lon.
fair
don over the subscription for shares of Quinness Son & Co.,

We notice that a special

the famous porter-brewing firm.

is

not a valid law.

j*

pertinent to the present activity in railroad building,

and showing the basis of the continuous development of
the country's resources and industries, we would call attention to an extended article in our Ixvestobs' Sdpplemei$t
of this date on Land Settlements and Railroad Development.
We all know of course that the opening of new sections of
Und plays an important part in our industrial growth and
expansion, but we think few parsons have an adequate
idea of the eltent of territory which has thus been added
to

our cultivated area in recent years.

public

lands by the

ended June

reference to the

Qovernment during the

1836,

30,

By

be found that the dispasals of

article in question, it will

reached

18,309,942

fiscal

year

acres,

an

aggregate larger than in any other year in our record.

The significance of these figures will be apparent when
we say that they comprisa an area almost equal

much

cable to the Jiptning Pott states that though the

amount

to that of the State of Maine.

Mked was £6,000,000

reached

land was taken up during the late year as used to be

There is no doubt that the capiul in
Satope aeeking good investment, is not only large but
Mger if it would be diicriminating as well, its holders
would never have to regret having placed their funds in
American securities.
The deciaion made this week by the United States Court

taken up in the whole country in the years preceding

the

total

applied

for

£127,000,000.

;

IS78.

It is in

In Kansas alone as

Kinsas and adjoining Slates that railroad
on to the greats' extent just

extensiotas are being carried

now, and therefore

it is not surprising to note that the
0^ million acres entered upon in that State in the late year
cover an area larger than that of the whole State of

Wabash Railroad, respecting the regu- Massachusetts. During the last four years the disposals
by State Railroad Commissioners on inter- of public lands in the country have reached 69,457,559 acres,
If the and in the seven years since 1879 they have been 99,453,State commerce) ia one of decided importance.
priBcipies there avowed are to sund in their full meaning 834 acres, comprising a section of country greater than
and to be accepted with all their logical consequences as that represented by Ohio, Michigan and Illinois comUm law defining and governing State and National bined. When we bear in mind that this covers only Govauthority over railroad fares, the case will be a memorable ernment land, that in addition there have baen heavy sales
Tbe point at issue was whether a railroad can make a by the railroads, and that since 1880 we have increased
one.
ia the case of the

lation of rates

greater charge for the transportation of passengers or freight

* ahortar distance than it can for a longer distance in the
MOM State in acase where the passengers or freight are going
oat of that State into another in other words, whether
Stataa have any control over the rates on inter-S;ate com
tatn^. Tue allegation was that the Wabash Road charged
on a eertam day Elder k. McKinney fifteen cents per
hundred pounds for transporting goods from Feoria 111.
to New York, and on the same day charged Bailey k
Swaaell twenty-five cents per hundred pounds for tbe
;

our population by immigration and reproduction over 10
millions, it will not be difficult to account for the wonderful

way

in

which the country's

week'l^ not

q'lite

have progressed.

have come in this

favorable as thoie which

we have

Of course we are now
a year a^o, so that we must

late.

comparing with belter figures

be prepared to see smaller percentages of gains, but there
are also
ter

some spxial

that account

certain roads are

iateoded to secure.^That clause gives Congress the power to

Some

class of

so

been accustomed to see of

goods from Oilman IlL to New York,
although the haul was eig'ity- six miles further in the
Tne
State of Illinois for the former than for the latter.
court in its opinion says substantially and as seems to us
rery wisely, that the right of continuous transportation
from one end of the country to the other is essenual for
commerce as carried on in modem times^ freedom from the
rastraint which a State migbt choose to impose upon h
was what tbe commerce clause in the Constitution was

tame

activities

..Saiaa.of the returns of earnings that

influences only temporary in charac-

for the

less

favcable showing

that

Thus in the
Northwest the three great roads from which we get
weekly reports all show for the third week of October a
loss as compared with the corresponding week in 1885.
Now apart from tb oircumstance that these roads all

making

for current weeks.

-

had very heavy earnings a year ago, the switchmens' strike
at Minneapolis must have operated to diminiih traffic in the
present year, and in minor degree the pork-packers' strike
at

Chicago must also have had some effect upon operations.
of the trunk line exhibits for September, also received

THE CHRONICLE.

500

during the week, have likewise been disappointing. The
gross of the New York Central turns out a trifle heavier than
the estimate in the preliminary statement, but the Pennsylvania statement for the same month
expectations

burg and

—

at least as regards

rather below

falls

the lines east of Pitts-

The exhibit is disappointing however only
and that simply because of an
The gross earnings show a conexpenses.

Erie.

in the case of net results,

increase in

riderable gain, which
rates

of the better
business.

The

—scarcely 4

is

gratifying as reflecting the benefits

and a continuance of the

—and

per cent

&

the Philadelphia

it is

note that

interesting to

Erie which

is

included

among

Pittsburg, and which runs from

lines east of

favorable comparison

the

Erie, Pa.,

made
The

certainly remarkable.

in the face of
fixed charges

XLin

such fact is

accrued
during the month reach $523,522, which deducted leaves
a surplus of net earnings of $245,509. In 1885 th»
surplus for the month was only $177,655.
Below is a.
comparison both for September and the first quarter of
that

the company's fiscal year.
September
Worth. Pactftc

Total 3 montlu.

KB.
1886.

activity of

net reaches only $75,616

falling off in the

[Vol.

1884.

1885.

1886.

(

1885.

t

1884.

Oross earnings
Oper. expenses

1.372,672
603,641

1.894,986

1,836,560

8.699.056

532,896

590,111

1,736.546

1
8,196,255
1,448,044

Net earnings

769,031
523,522

692,059
514,404

648,449

1.962.510

1,748,811

1.644.739

177,655

417,771

1,6293S»

1,489,184

2(5,509

t
8,wi.eo»

259,087

Fixed charges
Surplus

1,661,761

For the quarter the gross are thus $502,801 greater
to Sunbury,
than in 1885, and $407,456 greater than in 1884, while
having been an increase on it of $18,259 in gross and an
the net are $214,299 larger than in 1885 and $332,671
augmentation of $45,430 in expenses. It may be interesting
The surplus above charges is
Northern Central another larger than in 1884.
the
that
to note, too,
$417,771 this year and $259,027 last year.
Pennsylvania corporation, but one whose accounts are
On the Stock Exchange this week attention has been
also shows a large falling oS in the
separately stated
absorbed largely by specialties, and particularly low-priced
net, as the result of both smaller gross and heavier
expenses.
On the other hand, the Baltimore & Potomac, properties, which have of late weeks been in decided
which is controlled in the same interest, has gains in gross favor, and have nearly in every case scored a large
contributed $27,171 of this

Pa.,

loss,

there

—

—

and net

alike, after a

gain in the net the previous

year

Moreover, when we come to the lines west of Pitts,
too.
burg we find a much more favorable result than on the
Eastern system. Thus these lines earned a surplus above
all liabilities

September

September

in

last

year

this

there

year of $82,423, while in

had been

a

deficiency

of

It
$90,226, a difference in favor of 1886 of $172,649.
may be of service to bring together the results on both

parts of the system for a series of years past, so

we annex

advance, the easier rates for
stimulus

them.

to

especially active, Louisville

Point Terminal,

East Tennessee,

Carolina

being

the

1886.

1S86.

1884.

t

I

1883.

1882.

(

t

1881.

t

PITTSBUKO.
September.

1,816,535

1,892,051

1,887,396

+82,423

-90,228

+50,632

1,922,365

&

Pacific,

Some
their

of

&

and South
these have

favor,

as

for

West Point Terminal went up because

of reports of

an arrangement of the floating debt, but
Norfolk & Western and the Louisville &

advanced on

continued

favorable

statements of earnings, and the belief that as

compared

with the price of other properties, their present quotations

4.674,052 4,276,628 4,458.871 4,634,996 4,417.602 3,735,006
Qfoss earninffS
Opsrst'K expenses. 2,857,617 2,384,577 2,571,476 2,712,633 2,883,176 2,271,829

Net earnings...
Weitern lines

Richmond & West

Chattanooga, Norfolk

Texas
in

of 8

been

instance the

Nashville have been
Kast or

Nashville,

&

have

others like the

the following statement in our usual form.
liiNKs

properties

features.

influences

special

&

Nashville

Western,

had

money being somewhat

Southern

1,784,426

+214,113

Paul

& Duluth

1,463,177

+321,829 +-446,870

Besides the shares mentioned, the St.
has been active and higher, and so has the

are relatively low.

Louisville

New Albany &

has

had

Chicago.

Mr. Gould's Missouri

but most other
and neglected, some
of them touching lower figures. Union Pacific was raided
13.542,280 14.078.547 13,604,501 13,895.806
Net earnings... 12,971,832
on the old story of unfavorable action by the United
-661,859 +894,338 +1067,-72 +2268,783
-261,783
Western lines
Government. Central New Jersey has been
States
12,710,049 9,976,486 12,880,401 14,970,905 14,672,273 15,664.589
Besnlt.
somewhat firmer on the covering, it is believed, of
This shows that gross earnings this year in September short contracts. President Little on Monday issued
were larger than in any previous September, which is cer- a circular giving the reasons
that led
to
the
Result

1,898,958

1,801,825

2,244,194

2,180,296

1,677,290

Jan. 1 to Sept. SO.
86,886,283 33,237,632 36,399.099 37,893,907 35,888,778 32,879,241
Gross earnings
Operat'g expenses. 23,894.451 22,013.661 22,856.839 23,817,360 22,284,277 19.483,43}

tainly the reverse of discouraging.

As to the

expenses,

we

Pacific

a

further

rise,

high-priced securities have been dull

application for the appointment of the present receivers

had been very but as bearing upon the plan of reorganization there is
decided retrenchment, so that some increase now was in- nothing more definite than that new capital must be
evitable, though the increase is larger than expected- secured for betterments and extensions, that interest must
However, when we come to the exhibit for the nine be scaled and fixed charges reduced, and that to effect all
months, we find a gain in the net on the Eastern lines of this some contribution from stockholders and some for$1,750,861, and of $982,702 on the Western lines, or bearance from bondholders will be necessary.
There is certainly nothing to
$2,733,563 together.
The following statement, made up from returns colgrumble about in such a showing.
lected by us, shows the week's receipts and shipments of
With regard to the Northern Pacific September state- gold and currency by the New York banks.
ment, it is very favorable. There is a gain over the
Received by
SlUppeabv
Net Interior
WeeK enMno October 29, 1886.
same month of last year of $147,717 in the gross and of
Jlovetnentm
N. T. Bankj. y. r. Banks.
1624,000
12,290,000
IiOS8..tl.666,00a
$76,972 in the net, raising the latter to $769,031 from GnrrenoT.'
Qold
$692,059 in 1885. This large gain in the net is the more
1824,000
t2.290,000
Loss.. 11,666,000
Total gold and legal tenders..
surprising that there had been quite a little increase in
in the bank holdThe above shows the actual changes
the same a year ago, the total having been only $646,449
in September, 1884.
We see it stated, too, in one of ings of gold and currency caused by this movement to and
expenses
this from the interior. In addition to that movement the banks
the
that
papers
the Philadelphia
Pacific
Union
for have gained $200,000 through the operations of the Subyear included
$100,000 paid
from Garrison Treasury and $3,200,000 more by imports of gold. Adding
widening gauge of Utah Northern
to Butte City, and that except for that fact the net would these items to the above, we have the following,
have been that amount larger. If this is correct the which should indicate the total gain by the New York

notice that in the two years preceding there

OCTOBKB

THE CHRONICLE

30, 1886.]

ClMring- House banks of gold and currency for the
week covered by the bank ataiement to be issued to-day.
It is always to be remembered, however, that the
bank statement is a statement of average* for the
should
reflect
below
figures
the
whereas
week,
the actual change in the condition of the banks

M

between

Friday of

last

week

and Friday of this

week.

Wmk

InU Ante. Oiito/Aatta. Stt CSante

mmM October ». ISSB.

•ate* loUftarMmaaaat. u tbon
ttb'Ttmmrt opar.snd (old Import.

in

lbM.000

•.no.ooa

LOM. n.<MS.OOC

io,aoo,ooa

«,«00.000

Gain- 8,400,000

ud Ileal t«nd«n.... lia.aM.OM WkSeo.ooo Oaln. 11.734.000
The Bank of England reports a loss of £122,000 bullion
Total to\A

for the week.

This, as stated above, represents

£132,000

if

could, there

it

is

no reason to suppose that we would

counsel underhand dealing, or that the Pennsylvania Rail-

road would engage in

it.

But while we believe that such
court's opinion,

it

is

is

the purport of the

equally true that this decision has

upon the chief point which was and
and which we had in mind when
we wrote. It is prominently brought up again by the
discussions in the Pennsylvania newspapers during the past
week, and that is whether the South Pennsylvania Railroad shall be built, and if so, when and under whose auspices
and along what route. It was being buUt by the Vanderno direct

effect

at

is

still

issue,

the

bilt interest, in hostility to

Pennsylvania Railroad, at

West Snore settlement, and was a kind of
scheme much in the nature of the West Shore

the time of the

a cut-throat

net sent abroad, and £10,000 received from the interior.

affair.

The Bank

left it for

of France lost 8,625,000 francs gold and
1,825,000 francs silver, and the Bank of Oermany, since
tbe last report, gained 1,900,000 marks. The following
indicates the amount of bullion in the principal European
banks this week and at the corresponding date last year.

601

That

decision
finish it

stopped

settlement

the

enterprise,

the Pennsylvania to finish and to operate.

now made says that the Pennsylvania
and as we always supposed the job of

shall not

finishing

;

the undertaking, as the scheme was planned, was very
like

we cannot

a dish of boiled crow to that company,

OU. 29. 1885.

OM. 34, 1886.

imagine that this feature of the injunction
0«M.

and
The

JUmt.

Wmt.

aold.

disagreeable.

particularly

is

Hence, from that standpoint, looking at

the decision in the hght of affairs as they stand to-day,

Bank
Bank

of
of

30,747.631
Kaclaad .^....- 30.036.198
a3.M7.633 4Ar449,0»0 40,902,115 43,797,853
rnatm

18.484.70O 14,000,300 13.364,«50 16.334.450

it

appears of far leas importance than has generally been
supposed.

But some of the newspapers in Pennsylvania are claiming,
and were doing so last week, that the South Pennsylvania
The Assay Office paid $177,619 through the Sub-Treas. would now be built by the original subscribers apparently
ory for domestic and $3,231,777 for foreign bullion daring as a consequence of the foregoing decision.
The idea
the week, and tbe Assistant Treasurer received the folseems to be that a majority of them were going to conlowing from the Custom House.
trol the next election and put the road into an attitude
hostile to the Pennsylvania road, and then go on with the
Adit*.
Bstt.
aUmrOl- construction. Part of this may be true, but not the whole
U.S.
••M
9oid.
KoUt.
tmeatti.
ommuei.
The road may be built by the original subscribers,
of it.
Oct. 81
nwjna? •7.500 fenjoon •388.000 •34.000 but if so we fancy it will be by all of them, and on some
- 23
500
831.000
45,000
88.000
S17,M7a
" 30.
54.000 new basis.
88.000
885.000
3.000
430.900 57
A majority of the stock is in the hands of
«•
90,000
5.500
139.000
497.000
86
781.006 83
Mr. J. Pierpont Morgan at least he is reported to have
- 87.
51.000
1.500
394.000
439,483 90|
93.000
• 30.
HoU day
testified before Mr. John H. Weiss that beheld 60 per cent
It will be remem6374,000 of it for the Pennsylvania Company.
«Mal. fl.»08,0»0 3W mjootli tuvtjam •1.M8.000
TWritMi

n,07d.S90 69.B04,a80 S0.014.S96 60,132,303

Miirt

»3,4»S.10e 09,983.363 «>,074,738 60,096,314

;

laeloded in the above payments were $6,400 in silver
ooin, chiefly standard dollars.

bered he stated

that

also,

a condition precedent

total,

and pending the securing of that amount
nothing could be done towards perfecting the agreement of
the 23d of August, 1885; so Mr. Morgan took the transfer
and in form became the purchaser. Now under such cirto

THE SOUTH PENNSYLVANIA DECISION AND
FUTURE PLANS.

Pennsylvania made the

the

obtaining of 60 per cent of the
its

consent,

made a
week cumstances until the majority interest moves, we cannot
about the decision of the Pennsylvania court as to the Beech see how anything can be done; and one is pretty safe in
Creek and the .South Pennsylvania Railroad companies. Of believing that it will not move until the Pennsylvania road
ooorae we wrote very briefly, as we bad but little room^ is ready to have it.
But laying aside prejudice and polibat presumed that our readers would remember what th e tics, and taking all the circumstances together the settlereal dtoation was and therefore draw a just inference from ment of the West Shore affair with its attendant advanItoeems tons as

if

the Springfield lUpublkan had

prodigious effort to misunderstand what

we

said last

—

oar words.

tages, the obligation in behalf

the Pennsylvania road

of

The court held, and so we stated, that the special agree whicli that settlement carries with it, the utter
ment or understanding entered into with the Pennsvl- having a parallel line to do what it can towards
raiiia Railroad with regard to

the above-mentioned com-

panies, at the time of the settlement of the

Byway another

ing the Pennsylvania property, the illustration the

West Shore affair, Shore

could not be carried out because, under the constitution of
ihat State, one road cannot lease or purchase or control in

folly of

destroy-

fight afforded of the

offer by such a contest,
in

view

is it

too

much

harm

all

— keeping

to wish, or

is

all

industrial

West

interests

these circumstances

there anything

wrong

competing line. That was the in wishing, that some method will be found to save
OBly tasne before the court, and there was nothing in our interests and yet conform to the law.
remarks criticuing the conclusion reached, or justifying
One other fact may as well be mentioned.
parallel or

all

We

tbe inference that any one intended to defy or evade

coarse there is a question of fact involved

—that

it.

Of have already suggested

whether

that

this

decision

does

not

any measure enforce the building of the road.
• mere hole in the gnrand, as Mr. Depew called the South There was an action begun with that purpose on the 23d
Feaaaylvania, can be construed into a road such as was of September, 1885, on behalf of the Reading Railroad.
contemplated by the constitution' but if we grant that, The South Pennsylvania had made a contract with the
we see no way by which the thing forbid can be done Reading which it was claimed had involved the latter
kjr indirection any more than by direct act; and even
road in expense kc., and so it sought to restrain the
;

is,

in

THE CHRONICLE.

602

Feansylvania's contracts &c. with

transfer of the Saulh

the syndicate, and to compel the

South Pennsylvania to
the contract with the Reading and
fulfill their part of
do not know what is the sitaacomplete the road.
tion of that action, or even whether it was began with the
expectation of any important result Mr. Gowen was then
the President of Reading, and without doubt omitted no
act which might by any chance embarrass the syndicate,
even though final success was far from promising. However that may be, Mr. Gowen is no longer president, that
position being now held by M'r. Corbin, and it is perhaps
reasonable to suppose that the action as an aggressive
measure will not be heard from again but so long as the
injunction stands, it would seem to be a bar to the disturbance of any of the transfers of stock made preliminary
to the agreement of August 23, even if all the parties to
the agreement desired it. Is not this another reason for

We

;

both those months the net in the previous year had been
extraordinarily large, so that a decline this year

it is

a

little

hasty to talk about completing

had no

Moreover, there was in these months
this year a war on some of the passenger business in the
Northwest, and in the latter part of June there was also a

special significance.

break

serious

which must have

in freight rates, all of

unfavorably inflaenced the returns.
In order that the
reader may see how the figures compare, not only with
1885 but with the year before, we annex the following

summary

by months

of the results

in the three years.

1888.

1888.

1881.

Oroa Op.exNtt
OrOM Op. txNO,
Em^gs. peiMM. Earn^g*. EnCga. pcnset. Brn'gt.

;

believing that

[Vou XLin.

%
t
Jan... 339,521 277,000
Feb.. 895,600 25!.2?9

Ucb. 520,«58 2B8.258
April. 479,187 2-(l,S68
May.. 458,925 317.041
June. 490,271 S28.S-i6

%

*

62.521

143,321

254,395
197.629
141,87»
167.8S5

*

%

331.452 28B,559
307,043 207,024
458,821 282,019
464,892 297,001
478,152 296.201
'470.508'294.7»3

GroM Op. exErn'ga. peiutM.

~»~

t

1

274.212
27S,40S

44,890
40,019
178.805
167,8J1
181,951

Ntt
Earn'm.
•
?8,04»
63,045
171,945
217,848
100,604
79,592

350,281
:ai,453
483.952
587.99S
513,319
175,7151 466,511

292,007
350.752
412.655
3r«.922

get gross

earnings of

the South Pennsylvania as yet?

Aggregating these

results,

we

$2,690,157 in the half year of 1886, against $2,510,871

THU OMAHA ROAD'S PBOQBESS.
The

exhibit which

Paul Minneapolis

we have

& Omaha's

of the current year

guine anticipations.

1884,

in

and $2,352,389 in 1883.
over 1885, and

Thus, while there

is

operations for the

of $337,768 over

1883, the earnings are not quite

first

half

favorable beyond the most san-

is

1885, $2,693,550

in

obtained of the Chicago St.

All through the present year the

those of 1884.

a gain of $179,286

For

this

reason

nearly 50

that the net should be

it is

the

up to
more surprising

per cent larger than in

company have shown marked strength, the latter year, and larger than ever before in this halfeven when other properties in the same section have been year period. In fact, notwithstanding the fluctuations in
comparatively weak, and the common stock now stands at the gross the net show a steady and uninterrupted progress
securities of this

50 against 39 in January, and the preferred stock at 114 from year to year, the extent of the improvement,
103.
In the improvement in the company's however, being most pronounced in the present year. la
operations will be found no doubt the main reason for the 1883 the net were only $604,780, in 1884 they rose to
increased favor with which the shares of the property are $698,564, in 1885 they rose still further, to $787,190, and
against

regarded.

Of

now
the gross earnings of the road have

course,

published weekly and monthly, and for the

first

been

half of

the year showed a considerable increase over the correspond.
ing period of the preceding year, and the improvement

in

1886 we find them up to $967,630, the gain on
full 60 per cent, and even on last year being

1883 being

nearly 25 par cent, the

amount

increase in the latter

of

case being $180,440.

The next question

is

the position of the

company as

has continued since then with the exception of the last respects charges and dividends under this increase in net
week or two. Every one knows, however, that the course income. We can easily throw light on that point, as we
of gross earnings does not necessarily offer an indication are in possession of the exact figures.
First, there are the

We noted last week in the
Paul a heavy falling off in
the net, though the gross had been fully maintained. It
is therefore gratifying to be able to report that on the St.
Paul & Omaha the net shows as much progress as the
of the course of net earnings.
case of

the Milwaukee

&

St.

taxes to

come

out,

which for the six months reached

$98,348, reducing the $967,630 net above to $869,282.

As

to the charges for

interest,

that item

is

dependent

upon the income from investments and the credits
to
the interest account, which acting as offsets to
gross in fact more, the company having done a heavier the ordinary charge for interest on the debt cause the net
business at a smaller expense.
amount required for that purpose to vary considerably from
Beginning with January, we find $62,521 net earnings year to year. The company sold a good part of its St
greatly

—

•

this year against $44,899 last year, being an increase of

$18,000; the increase in the gross had been only $8,000.
In February the gain was little less than marvellous, for
against net of

only $40,019 in 1885 the net this year
This increase of $103,000 was the
result of a gain of $88,000 in gross receipts and a reduc-

were $143,321.

tion of $15,000 in expenses.

was second only

In March the improvement

to that of February, the total net for the

month being $254,395 against but $176,805 last year,
$62,000 of the increase having been contributed by the
gross earnings.
In April the gain was more moderate,
but still the net were $197,629, against $167,801 a year
ago. In May and June the order of things was reversed,
there being in the first-mentioned month both a decrease

& Daluth

and the income from that
Thus
source and from credits has been greatly reduced.
while in the twelve months of 1884 the total of the offsets
reached $212,221, in the twelve months of last year the
amount was only $33,235. Under the diminution in this
item, too, the peculiarity to which we directed attention in
previous reviews of this kind, namely that the charge in
the first six months was much heavier than in the second
six months (the o ffsettmg credits apparently counting most
Tne actual net
in this latter period), no longer applies.
amount paid for interest in the first six months
of 1886 was, we are informed, $628,799. The amount for
the current six months of course will not be determined
Paul

stock in

1885,

in gross earnings and an increase in expenses, and in
June an increase in expenses much heavier than the

the end of the period, but in the corresponding six
months of 1885 the sum was $614,421, which as will be
seen does not difier very greatly from the figure for the

increase in earnings, so that in both cases

first

net than in

1885,

against $181,951,
against $175,715.

the total for

we have lower

May

being $141,879
June being $167,885

and that for
Bat it should be remembered that

in

till

half of 1886, as given.

interest the only other

stock

is

Besides the requirement for

charge against income ahead of

the call for rentals, which

the current year foots

for

up $45,005.

the six months of

Adding

this to the

OCTOBEK

THE CHRONICLE.

80. 13S6.]

$629,799 for

interest,

we get a

charge against the

total

for the period of $673,804, which

$869,232 net eamiogj
deducted leaves $195,473 for dividends.

amount

not sufficient to meet the

is

that period on

Of

3 per cent paid for

the preferred stock, but

towards meeting

it

course, that

comes nearer

it

than in [any of the other years, while
the large

there remains in addition
income from the sales of
were in the six months in
to find out, but we may

amount received

What

land.

as

the land receipts

question^we^have not been able

sum

take half the

received in

Thus
the

first

in

603

1833 out of total net of $2,092,344 for the year,
months contributed only $604,780 in 1884

six

;

they contributed $693,564 out of $2,001,335, and in 1885
$787,190 out of $2,316,148. In other words, the net for

months are usually twice as great as those for
and that is what makes the above exhibit parThere is every reason to believe,
ticularly gratifying.
too, that the current six months will maintain the record
by also showing materially heavier earnings than the previous six months, though it would be too much to expect
the last six

the

first six,

that they will again be twice as large, bearing in mind
comes within a few how g^at the gain is that the first six months have re*
which we have reason to believe
In the case of the gross (which is all we have
thousand dollars of the exact amount. Allowing for thiE> corded.
the dividend on the preferred stock is not only fully pro- for the current period), there has certainly been some invided for, but there is a surplus of $218,772 besides. Bat crease over 1885, though it has not been heavy, being
the chief significance of these figures lies in their com- $21,340 for July, $23,252 for August, and $17,895 for
pftrison with similar figures in other recent years.
Here September, or $62,487 together, though against this the
ia a summary of results for the first half of the last four first three weeks of October show a loss of $15,900.
years.
As regards the company's finances, the funded debt
increased some $200,000 during the six months, and stood
St. Paul Jt OiMtn
UM.
last.
at $22,620,092 on June 30, 1836, against $22,414,970 on

the calendar year

Total
Total

1883, which gives us (360,998, and

groM Mrnlan

s
tjstojm

tJMKiVT

opomUsa oxponoM.

l.Tt7.«>«

M7jCM

Mot

Tnano

aot.Tsu

Kot iBeotD*..

maaCala,

618. IM

697,7W

laMt«oC oa 4otit (aat).

•ia.TW

sn.4<>3

a«

*t.a«i

Total ohatioi

•7MM

Aaoutforoloek

IM.t»

•ia.7t4
dif. 7.I7«

«•(. S1.SI3

•*H»«I

•»a.393

SSMN
sn.Tot

pcof.tloak.po. (»)

Sarptai ...»

of

ftlB.tr^

t)t,<iia

dof.

*atojn»

TMal
DIrMaadoa

Tln'.t

W3lt

}i}^_f^

Taxo*..

I

t

I
t.8asjn>

l.7M.ta7

tM,7n

_...

amount

(SW>

at.

«,44»

(SH>

Ut. UT.tM

31ll.tt<M

dot. I31.AI8

for i>rMa<1lBff IwelT* tontliai

Half iiramoint lortaieotUr/ear 188A.

This indic^tea a strikingly favorable return for the cur-

We see that so far from there being anything
discouraging about the fact that in the six months only

rent year.

$195,478 was earned towards paying the $337,704 dividend on the preferred stock, that is a feature common to
this period

;

in fact,

provement on other

the

given

as

result

is

a decided im-

December 31. 1835. The stock is reported at $21,403,293
common, and $12,646,833 preferred, the same as on
December 31, 1885, but this is the amount issued, not the
amount outstanding. It included in December $2,843,633
common and $1,386,900 preferred held by the company
Uaelf, and probably the amount so held is the same now.
At any rate, the total of stock and bonds owned is given
at $4,970,386, while the same item on December 31, 1885,
we figure from the company's report to have been
$4,952,058, showing no reduction but a small increase'
The state of the floating debt may be judged
from the fact that there is an excess of cash and cash
assets over the sum of current liabilities in the amount of
OnDecember31 the excess had been a little
$1,151,040.
In the same six months the
heavier, namely $1,304,616.
costof/oad and equipment was increased from $52,091,218
t3 $52,665,503, and the stock of material aifd supplies was
increased from $576,722 to $580,475, whi'e the amount of
advances to proprietary roads was dimiuiihed from $127,*
887 to $377,987. The balance of income to tha credit of
profit and loss which on Ddcember 31 stood at $2,337,405

none of theae years was
there anything earned for the stock in these six months
a sum
that if, prior to 1886 there was a deficit below the amount is now reported at $3,100,638, a gain of $213,283
needed to pay ordinary fixed charges, the deficiency in which does not differ very materially from the surplus of
1885 having been $7,174, in 1884 $48,495, and in 1883 $218,772 on the half-year's operations arrived at by us
year*, for in

—

$31,513.
More than that, even with the help of jthe land
nlee the dividend on the preferred stock could not be met
in full in any of the yean embraced in the above compaiiion, though the deficiency wa< only $40,449 in 1885>
against $151,648 in 1883.
Now contrast with this, the
•nrplua of $218,772
the
dividend requireaboM
men>, and some idea can be formed of the degree of
improvement that has occurred.

above.

RUSSIA

AND BULGARIA.

The situation as between Russia and Bulgaria becomes
more critical daily. Uussia abates none of her demands, but
every succeeding act is more haughty and overbearing; and
4h»M|prian8, while respectfully civil to the government
0? lEe Czar, with becoming dignity and propriety refuse
The surplus of $218,772 mentioned is equal to about 11-6
In most difficult cirto forego their legitimate rights.
per cent on the $18,559,660 common stock outstanding
cumstances the Bulgarian regency have conducted themand though that is not very large in itself, it is a very
selves in such a manner as to command the respect and
atiafactory showing, indeed, considering that the first
the sympathy of the civilized world; and whatever ultihalf of the year is invariably the poorest half.
We called mate success they may have, they have already had this
Attention to that fact last week in the case of the .Miisuccess
they have put Russia in the wrong at every step,
waokee k St. Paul, and it applies to the St. Paul k
and exhibited the great northern Power in a light which
Omaha with even greater force.
Here is a statement we
Seldom in modern times
is the very reverse of flattering.
have prepared to illustrate that point.
and wrong in a great international question
has the right
been so clearly defined; and it would be difficult to
INB.
last.
URB.
instance a case in which weakness on the one side was
j^nmAooMao.
KH.
Onm.
Krt.
ir*.
Oram.

—

I

nit-pi Pirniaji eo»i<n»i. jrifTiiap.
•

JanarytoJoiMi..
JalylaDoOTmkor.

WfeoUrMr...

t.aio.(ri

t
'M7.t90

•
«.aM.SBa

•

fmjm

Marntnf.
S
t;K>t.8W

*
ant.TM

IM^<•x

S.IM.MK

l.««7.;«t

IMISMI

WW**

X,UBiJ4t

combined with so much courtesy, dutiful respect, pluck
and determination, and overwhelming strength on the
other side was allied with so much of what might be
described as

selfish,

unreasoning, irresponsible tyranny.

THE CBRONICLE.

504
As

now

the case

the nations. It
9t the nations

;

Bulgaria has the sympathy of

stande,

new

not a

is

and

thing, however, this

would not be the

it

sympathy

fiiflt

time, if

[Vol.

"We presume war
see how.

It

recognize the

be averted, though

will

possible

is

of

result

Russia should trample out Bulgarian liberty, that the sym-

possible

pathy of the nations has gone for nothing. The conduct
of Russia, from the moment that Prince Alexander com-

their election set aside

may

Russia

that

the

It

election.

xun.

we

cannot-

see
IB

fit

to

hardly

submit
have
to
would be cruelty to prolong the present state of uncertainty.
"We can hardly
wishes of the Roumelians, and consented imagine to ourselves Russia retiring and leaving Bulgaria
plied with the
but neither do we feel convinced
to rule over them as well as over Bulgaria, has been per- absolutely to herself
It thwarted the that Russia, even with all her present parade, will invite
sistently meddling and harassing.
Prince's plans, traversed his purposes, interfered with his the opposition of Europe by sending an armed force into
It is a noteworthy circumstance in view
action, embittered his life, and made success impossible. the principality.
Sobranje

the

that

and

;

will

it

;

Not

with

satisfied

its

own

success in

the premises,

it

state of things, that

of the present

we

are compelled to

him and smuggle him out of bis
kingdom. "When discovered and brought back amid the
acclamations ot his people, it forbids him to punish the
"When Alexander, in a spirit of generous
conspirators.
magnanimity retired for the good of his people, it sent
its Kaulbars and his agents to influence popular feeling,
and by the use of money and promises and threats to control the elections for the great Sobranje, whose duty it is
"When gold and
to choose a prince for the vacant throne.
intrigues and fair words and foul, used with a liberality

guess at the feelings of the other great Powers.

we may connect with the name of Kaulbars, failed,
and the people had sustained the regency by a vote of
four hundred against twenty, it demanded the postponement of the meeting of the great Sobranje. And now,

in Bulgaria; for once there she

employs agents to

seize

such as

when Bulgaria

refuses to postpone

the

election, it raises

the cry that Russian subjects have been maltreated, that
the country

is

in a state of disorder, that the late elections

how

know

We

Hungarians feel
but a veil
of
secrecy hangs
over
the counsels of
comparative
in
"Vienna.
"We
seeK
vain
discover
the
to
sentiments of Bismarck; and when we turn to England, we see her looking on, earnestly no doubt, but

we hear
There

ominous

the

;

nothing.
is

certainly, to

in

all

our thinking, something decidedly

this silence.

It is

not conceivable that

these powers can be indifferent to the presence of Russia
is

but

little

likely ever

mean not only
the extinction of Turkey in Europe; it would mean the
subordination ot Greece, the curtailment of Austria, and
It
a permanent check to German expansion in Europe.
again to leave.

Russia in Bulgaria would

would be a calamity otherwise to the cause of civilization.
Great Britain has much less to fear from Russia
in Europe than have the Continental Powers.
She alone,

do not represent the sentiment of the nation; and then, to
little principality, sends war ships to in the event of a great conflict, is in a position to stand
"V"ama, and follows that act with a fresh note from Gen. aloof and to affect the balance of power at the right
Kaulbars to the Bulgarian Foreign Minister, in which he moment. If Austria and Germany can afford to allow
gays "In view of the arrival at Varna of Government Russia to occupy Bulgaria, certainly Great Britain can.

further terrorize the

"emissaries, who are spreading reports that the presence of

But it is because we cannot believe either Austria or Gercom- many to be indifferent any more than the British power
vigorously that we attach importance to the unusual silence. Russia,

am

" Russian gunboats there is without importance, I
" polled to inform

you that those gunboats

" afiSrm their importance

events render

will

necessary."
we are disposed to believe, will think twice, even with
and cruelty of Prance at her back, before she will provoke a war in which
these acts is the fact that messenger after messen- she would have to face England at sea, and Germany and
ger has been sent to the Czar asking him to name Austria, and in all likelihood Turkey, on land. An accia candidate for the throne, and that he has either dent at any moment may give a new aspect to the entire
refused to see them or forbidden them to enter Rus. situation.
sian territory;
and the
other fact that there is

"What adds

not

a

if

the

further to

injustice

evidence

of

particle

it

yet

given

to

the

public showing anything like irregularity in the elections

or disorder in the principality.

IMPORTS AND EXPORTS FOR SEPT. AND
FOR THE NINE AND TWEL VE MONTHS.

is in these circum.
The Bureau of Statistics has issued its detailed statement
about to meet for the of the foreign commerce of the country for the month of
purpose of electing a prince to the vacant throne.
How September, and the nine and twelve months ended with

stances that the great

the whole afiair

It

Sobranje

is

problem of the hour.
Much will depend on the work to be done by the
Sobranje.
Much more will depend on the action which
Russia may take.
She is dealing now with Bulgaria
to

is

by means of
she puts an armed
alone,

his advisers.

decisive

seen

action.

her

watched
tunity

as

During

this

so well as the Czar and
of

fear

all

these

wane

in

eagerness

would

watched in vain.

For the
For the 9
For the 1 2
month of Months ended Months ended
September. September 30. September 30.

Europe, there would

Imports
Exoess of exports over imports
Excess ol imports over exports

1885.—Exports— Domestic
Foreign

growling, less petty trickery and more

influence

with

MERCHAin>ISE.

and political agents. Directly 1886.—Exports— Domeetio
Foreign
Total
force upon Bulgaria, she has to deal

But for the
less

Sept. 30.

civil

None know

with Europe.

have been

result is the

justify
-

for

so.

Russia

Bulgaria,

some

interference,

Not only

Total

months

she

such

but

she

has
has

oppor-

has

She has exercised her

ingenuity to the utmost to create such an opportunity,

and yet she has failed. "When we think of the effect which
would naturally be produtfed by such conduct as that of
ZankofE first and Kaulbars later, in any powerful country
the wonder is that she did fail but the wonder is coupled
;

with admiration for Bulgarian prudence.

Imports
Excess ol exports over imports
Excess of imports over exports

$52,836,521 $475,411.322 '$686,319,586
1,227.549
10.246.508;
13.388.977
$54,064,070 $485,657,830 •$699,708,563
55.328,245 498,250.700 654.872.431
$44,836,132
$
$l,'2"64,l"78
12.592,960
$47,143,471 $462,685,242 $701,011,736
11, .513,823
14,995,736
823,776
$47,967,247 $474,199,065 $716,007,472
50,365,432 431,247,032 570,604.765
$42,952,033 $145,402,707
$
2,398,185

GOLD AND SILVER—COIN AND BULLION.
1886. —Exports— Gold— Dom.

.

Foreign
Total
Silver— Dom
Foreign.
Total
Total exports.-,,.--..

Imports— Gold
Silver.
Total
Excess of exports over imports
Excess ot imports over exports

$307,010
1,350

$308,360
$1,233,395
1.258.943
$2,492,338
$2,810,698
$4,994,609
1,463.662
$6,467,271
$3".'6,56.57'3

$31,474,419
8,884,199
$40,358,618
$12,261,338
7,356.447
$19,617,780
$59,976,403
$14,938,103
11,830,270
$26,768,373
$33,208,030

$32,769,243
9.956,929
$42,726,172
$17,297,640
10,158,804
$27,456,444
$70,182,616
$26,978,463
16,511,159
$43,489,622
$26,692,994

UCrOBKB

THE CHRONICLE

80, i8e«.|

nrOU

MHlA

rarOea

Fbrlke 12

XoiUAatAdid Month* endta

of

atfUmbT. Seplemter 30. September 30.
1835.— Export*— Gold— Dom.

9131,358
20,210

93,076,90-^

Tntal....

•151,5e('

BUTar— Dom.

91.678.534
932.309
92,605,8 4:<
92.757,411
92,»8«.I16

99,049,653
916,056,026
8,4g5,A57
925, 44 138 J
934.491,536
911.604,951

707,9«fl

13,091329

FoielgD
Total
Total esporta

iBpotta-Oold
atlTsr

Total
lof axparttorarlmpoita
Exeaia of impoita orer exporu

93,b9'i.uHI
I

93,928.695
6.977,577
99,806,272
921.962.881

6,972,751

that the awitcbmens' strike this year interfered with businesa.
Aside from these, there are only niue roads that record lower
earnings than in the same week of 1885.

(2)

924,696,780
99.794,756

936,670

4

Foreign.

,

.

'954,37e,92H;9Sl9,147,u79 973t<.3eU,469
26,487,154
33,504,710
2. 487342

956364,768 i9546,<i3t.233 9769391.179
61.785,516

ofazporUoTerlmporta9

Chic

Canadian Paclllo
Cbleago A Alton

A Atlanlto
Chlcaco A Eaat. Illinois.
ChlcMU. 4 8t. PwU ....
Chlcaco A Northweat...
Chic. St. P. BUnn. A O...
Clilca«o

(

Total.
Im porta

^k

525,019,163 698.362 .0.')3
920.615,070 971.529.126

of tmpartiOTar esporta
4,920.745
188S^ExrpoTt»-I>aaMati« .... 948.948,363 9482,718,1709726,903.312
1.7-6.895
aft.97»,43l
82.747.394
ronlcB
95o.724.658kS0e,«M,eolS759.630.706
Total
54,050.aiBr4aft.94«3W| 613.857.521
Importt
Bzoeaa of exports oT«r Import* 9
952.746,7Hw;9145,7V3,185
Xxeaia of Importa oTer exporui
3334355|
|

•'

'

riam.*Dar..

U40

A
4

4

Det. Lanalnc 4 Northern.
EaatTrnn. Ta. 4 Ua
EvansTllla 4 Tsrre H....

FUnt4Pere Marquette.
rand Tnink of Canada.

'

Ornt

III.

4 80.

(lU.

D.)...

CedarFalU4Hlnn

....

Dubuooe 4 Sioux City

t

lewaFaUs48.u

The foUowlag atatoment has

also been iasued, showing,

by

principal otutooM diatricta, the ralaes of marchandUe im
parted into, and exported from, the United .Statee daring the
month of Sept, 1386, and during the nine montbsended with
September in both IStM and 1885 ; alao the total stock of goods
rwnaining in the United States warebouMS at the end of the

period.

Bloom. 4 West..
Lake Srta 4 Western

Long

.

New

LoolaT.

Alb.

.

4 Chlo.

Hexlean CMntial

MUwaolue U

B.

4 West

.

Mllwaokee 4 Northern..
Mlnnsaota 4 Northwest.

N. Y. City

N.T.Ont.
Hortrik

4 Oraod Island.
4 T. II.. v. Uae

Jos.

Branches
St. Louis Ark. 4 Texaa ..
St. Louis 4 San Fra'Ueo.
St.

389309

Wlaeoiuln Central
Wan. St. Croix 4 Wis.
Wlsoo ns ln 4 Ulnnasota

1,778

6,33»
3,933
1,208

38.709
5.596
9.333

7,353
6,208
3.056
3.348

35315

2,252

50

4.234
10,>>82

24,035
3,230
3,146
1,439

S.-.>55

M4

9,A53
4.680'

1,313
7,818

503

1336
'S,632

13.357

3386
8.485

SS34i
666
8.141

6364
337.176
834.347

Set
*

Week eadlnc October

935

2.654

6349,8011 5,016,354

Total (63 roads)

.

40,733'
81,478
752

9.997
36,504
60.940
319.683
03.082
146,231
13.288
33.725
39,689
18.634
36.665
107,687
41.000
14,074
867,568
28.043
3,466
3.879

17,169

PB«14I>ulnUi
4 Ohio Ontial ...
Waliaah8t.L.4 Paatfle.

1,990
16,223

38.977
64.86S
36,680
11,402

44386

Toledo

1.084
3,254
5.724
9.493
1,850

292380

91.770
138.413
15.842
32,790
89,086
90,060
33.333
190,944

St. L. All.

60.937
7,90»
15,400

3318

314.9031

Paolfle.

Ohio 4 MlMiasippt.
Oregon R'y 4 NaT. Co..
Peoria Dec. 4 EraaavlUe

SL

518

13,811
12.820
1,013

83,748
16.450
54,950
21.376
56.868
1M,368

11.436
V7.148
70,493

4 Western

Noctbam

25.000

8.400,

4 Northern...
4 Western...,

3,80O

17,032
41,042
333,054
367,622

58.924
11.716
888.395
43.211
75.550
60.615
14.721

Island

l/vlDeEr. 4 St. LniiU...
LMllBTlUe 4 NasbTllIn

9

209,000
192.626
38.088
43.762
636,937
638.100
148.100
27,064
68,424
60,620
33.626
9.775
4.746
141.435
10.816
29.019
94,445

82302
87383

Deertaee.

1.535
6.496

11304

43.119
11.625
6,736
157,658
9,043
23,690
98,378
17,550
42.850
373,787
289,100
4.100
26.000
16,600

Denver 4 BloOrando
Dea Molnea 4 Fort Dodge

/ncreoss.

63,300
36.914

66344

A- ash.
Bait.
Col...
t uvttiami Akron
Col.
an. Midland
I

9

49,500
28,449
18.300
234.000
206.337
40,917
44,776
686,000
630.200
132,700
28.148
71.678

Phlla
Baff. N. Y.
Buflalo Booli. <k Pitts....

Cairo Vln.

1885.

9

Chteotrn* Wei.t Mloh

TOTAL MEBCaAXDISB kSD QOVX AlfO BDUJOif.
1889.— Export*— UoniMtlo

188&

3d veek of OeloHr.

11.774.0'il

933.73U,»62
943,643,234
924.481,056
18,771.700
943,262,756
9390,478

506

102,928

16.

Notices.

]^O0Ji.

Obio OoaroRATioxa otrib tbax Municipal, as Aittuori/.bd bt
OO .H S IIHII IOB ADD RSOOLATED BY 8TATVTB. By A. T. Brawer and
O. A. laobsoher of the ClaTotaod Bar.
4 Co. 1886.

Thia

is

cUm of
when

OInolnnarl : RotMrc Clarke

a work of use, not alone to lawyers but to a very large

business

men as well
man finds it

for

aaaooiatioo.

It

;

we have

fallen

on

tifnes

convenient to h tve as a reference book aomething that will tell him what are the constitutional and statutory proviaioos and decisions of Ohio, with
reference to corporations.
This book brings toi^ether all
t haae matters, besides furnishing forms for organizing and
a code of regulations and by-laws for managing every kind
nearly every

company and

of

seems

that,

under Ohio

may now be formed for any purpose for
which individuals may lawfully associate themselves, except

statutes, corporations

tatJItliUag in real estate ar carrying on professional business.
'exteft to which the public have availed themselvea
of these facilities may be inferred by the fact stated

TM
by

the authors of this book, that in the year 1888
there were 1,831 companies formed under th"se statutes
with authorized capital of $309,000,000.
In the year 1884
ta
la

wwliwuii Bsptsmlur 90. 1889
lefcwias 8»muBliar 30, 1886
.

to

oadar

wU«h

moiihaiiillsa
aet Josa 10. 1980.

926,627.500
9i2.0l3,3O<>

saa ba tnoaportad withoat

about $03,000 of new capital waa pat under corporate maoagement every twenty-foar hours, so the need for the work
even from this point of view is apparent.

BBinSH ABD ISDIAN OOVRRXIiBMTR— OOBKBSPOBOBBOB RRSPBCTIIfO
8ILVCB.

We

Prlnt<>d

by Eyre

4 Spotilswood,

London.

have received from Robert Beall (Bookseller and
RAILROAD EARSINOS.
Stationer, 4K Pennsylvania Avenue, Washingrton City),^ copy
Railroad eaminga as reflected below in the exhibit for the of the correapondenoe between the British and Indian govemMidweek of Oetoberibow a dimininhing ratio of gain, the manta rrapectiog the silver queition. Although this correakenaae on the S9 roada reporting being a trifle over A% per pondence took place the first half of the year, and we re>
The falling off on the three Northwestern roads— ferred to certain features of it s^me months since, we have
•ent.
MUwankee St St. Paul, the St. Paul ft Omaha, and the Chicago no doubt that some of our readers would like to have oopiea
ft Iforthwrstem— will attract moat attention, but as to these it and presume that Mr. B'^all would be glad to furnish them^
19 lo be said (I) that eaminga a year ago were rery hearj, and
though w.; do not know the price.

THE CHRONICLE.

606

gKimctartjs® ummetJctaX Hugltstt "^zvob
BATES OF EXCHANOB AT LONDON AND ON LONDON
AT LATEST DATES.
BZORASaE AT LOlfDON- Oct. 7.
0»»-

Tim*.

Sal*.

nuterdani 3 moa. 12-3»8
Amsterdam. Sb.irt. 12 2
HambuTK.. 3 men. 20S6
«.
Berlin
2066
Frankfort...
Vienna.
Trieste

Antwerp

..

.

8t. PeterBb'g

Parle

FarU
Genoa

I*
«t
**

«

•12-3-8

Oct.

14 Short.

Oct.
Oot.

14 Short.
14
14

EG 50

»20 55

25i3a-22»4
Short. 25'2»Si»;i5-35
3mo8. -i5-47ia»25-5ii«

Madrid

It

OttdU

1*

IJ«l)on

ti

•

S
Oo.t.
l2-H7'«»i2-72«» Oot.
12-67 i«»12-72ia

•.;0-f

Timt.

012-3
•20-60
•20liO
•20-60

<•

»•

axoBAireM on lohdon.
Latett
Date.

14

14

>
tl
It

.•>
14 Short
14 3 inoB.

Oot

1ft

Short.

20-43
20-43
20-43
12-55
«..•

....

B

Oonatant'ple

.«

26-35
22i»,8
25-3l'«

52^a529g

Alexandria

— Dewd

1210
..>>•-

Oot.
Oot.

25t:.2^02^b7ia
4611946
4bi4»46

Sat*.

3mo8.

•

[Vol. XLIII.

account private deposits have been lowered by £3,789,524 and
the total of public deposits has been reduced by £1,061,802;
that is to say, that in the aggregate deposits held there is a
loss of £3,850,336 on the week.
The present balances available exhibit a deficiency compared with a year ago of £6,780,000.
Certainly last year at this time the Bank rate was only
3 per cent, but the position then was rightly described as
anomalous, and the rate almost immediately began to move
upwards. Now there is less money to manipulate, while a
better tra-le demand exists, and a very decided extension of
the Stock Exchange inquiry has also taken place. The margin
for absorption has thus been mat-jrially reduced, and the way
for a permanent hardening of money made clearer. The loss
in the reserve is £91,334, made up of a decrease of £179,330 in
note circulation, deducted from a falling off of £270,664 in
bullion; and the proportion to liabilities stands at 37' 48 per
cent, against 83-29 per cent-last week.
The present amount of

103-87

the reserve is £10,631,000, and the stock of bullion £30,334,000,
and neither will bear trenching upon to any extent. Hence
HonK KonK- >>
hould the American demand for goU continue, the open
Bhanglial.
16
market and official rates would soon be brought into close
{From uar own oorrespondent
assimilation, and further action on the part of the Bank of
London, Saturday, Oot. 16, 1886.
England authorities might be expected to follow.
The situation commercially has not undergone any appro,
The rates for money have been as follows
ciable variation during the week. From all the leading centres
Inttrat aUovtd
Open marlttt rattt.
i
of industry advices come to hand very similar to those preforievottUby
BankBUli.
Tradt BWl.
viously received. The burden of the reports is that we are
Joint
progressing, though slowly.
Messrs. William Fallows & Co.
At 7 to 14
/hx
Thret
Four
Six
Stock
1 TKru rowr
state that "it is gratifying to be able to report an improved
Monttu Hontht Month! Montht Month. Montht BatUu. OaU. Day*.
tendency in the iron trade. This is due in some measure Sept. 10 «<
2««3~ 3 ®3K 3 «8S<
2 2«2M
2
2 2!4-2J<
17 3« 2Ha- 2?0 - 3j«a - 3«S3«3 @3>4 3 ®3S<
S
to the restrictions -which have lately been placed upon the
2 2HSH
2
24 sx 2«« - 290- 2«3 - 3 a - 3>ia - SiidSH
production of pig iron, and also to the growing impression
- S ®3^|3)4@3H 3i4<3l3M 2
2 2X-2X
Oot. 1 sx 258* - 2»<a- 2J<«
that a general fevival is imminent." If only an energetic
"
- 8>4a - 2Ha •- 2J<®3><,3 ®3V« 3 @3« 2
2 2J<-2S4
8 s« 2Wa
" 15 3H 8J<i9 - 3 9- 3 ® -3 aa^'VA&m 3H@4
2
2 2U-2ii
movement can be imparted to the iron trade we can face the
The following return ehowa the posicion of the Bank of
future with confidence.
It is the prolonged depression in the hardware industries Snsrland, the Bank rate of discount, the price of consols, &c.
that has to a great extent neutralized the benefits arising
1885.
1886.
1884.
1883.

Bombay

CkOontta

It

.

18. K>«d.

Is.&isd.

.

Oct.
Oal.
Ont.
Onr.
Oot.

Ifi

1,S tel.trfa.

15
15 4mos.

l8. 5%d.
iB. 538d.
3s. id.
48. b^d.

I

:

••

•'

from the extension of business in textile manufactures.
Hence if we can only be assured of the permanent return of
'

prosperity to the iron districts -we may calculate that ttc
have bright times before us. At the Birmingham quarterly
meeting held during the week the satisfactorf information

£
i
£
£
exclading 7-day and
25.402.315 2S.137.SS5 26.959.630 26,114,150
other bills
3,751.276
3,510,017
s.sao.-iso
4,411,939
Public deposits
24.6e2.C5' 31.210.600 24,531,400 25,024,067
Other deposits
15.935.-il6 18.538,892 15,-.;U9,998 13,679,008
Govern m ent sectirlties
19.153.078 22,l-.ie,05ti 21.314,780 20,136,453
Other securities
10.831.853 12,l,5!<,29fl 10,-i«),819 12,588,435
Reserve of notes and coin.
20.8b4.I98 21 516,134 20,489,479 22,952,885
Coin and bullion
37-48 p. 0.
Reserve to liabilities
S5MP.C. 43MP.O
34H,P.C
2 p.c.
3 p.c.
Sp.e.
Bank rate
8K p. c.
3.16(1.
100 1S-16<1. 100
Consols
101><d. 101 B-16d.
134.5-il.OOO 83,B94,0(l< 121,796.000 127.518.000
CiearinK-House return
Circalatton,

was vouchsafed that there were inquiries on the market for
something like 100,000 tons of steel rails on Colonial, American and other export account. Prices were advanced, and
Welsh makers demanded £4 per ton. There were also American inquiries for 50,000 tons of steel blooms. The Welsh stee,
The Bank rate of discount and open market rates at the
masters have decided to advance from November 1st steel
chief Continental cities now and for the previous three weeks
bars, blooms and billets Ss., making bars £4 lOs., blooms £4
have been as follows:
and billets £4 2s. 6d. per ton, all at the works.
But although Mttle has transpired commercially or finanOct. 15.
Sevt. 24.
. .

cially to suggest the advisability of modifying' estimates respecting the future of trade, the uneasy feeling in political

becoming stronger. The provocative mission
of General Kaulbars through Bulgaria may, it is feared, ultimately result in complicating affairs yet more seriously. Even
allowing for exaggerated reports,— which invariably attain
circulation at such moments, and which almost as often as
not are merely the imaginations of a too fertile brain, or are
circles is clearly

eet afloat for stock-jobbing

purposes,— there is an uncomfort.
able sensation afloat that more is going on behind the scenethan is generally known; and although the approach of wins

may

retard operations, a prolongation of the existing,
condition of affairs until the spring might lead to the adopiion
of such measures as would bring the final solution of the East.
question within measurable distance. Naturally all this
ter

em

uncertainty paral J zes to some extent reviving animation on
the Continent, but it is much less potent with us than it was.

Batuot

Znt«rut«t

Bank Open
BaU. Harkei

8
8

3
3

Bank

2

3

2H

^

3
8

an
2«

Oi>«n

Batt.

Bank OpMl
BaU. Marktt

UfarM

a

Bamburg
Amsterdam
HruBselB

Madrid
Vienna
St. Peterabnrg.

—

2ii

3
3

2!<

3
3

3

8

2M

a

2H
8«

Berlin
li^ankfort.

Copenhagen

2H
2«
2«

3
3

Parlt

Bank Open
BaU. Marktx

iH.

2W

2!<

iH.

2W
2H

2H

4

4
4
5
3

4
4

2hi
4

SH

4
4

SiK

5
3

4
3

Messrs. Pixley

& Abell write

4Ji

4
5

3

as follows

2
2
3
3
2

2M

4

4

t

4

4
6
3

4

4H
3

on the

4

state of the

bullion market:
Gold— TUpfo hasbfien a strong <leman<t daring the -week for New
York, aui1,iu addition to all arrivala, *I71 Oi O wlilirtrawa from the
Bank has been t ikeu for that qiiait^r. Th« Bank has recoiveid £t>0,000
in f»ovfTeii?u8 from AuBtralia. Con-*nterable aiuouiitH have heen reoelred
fr.>in Paris, and (•hipinentfl have also been made from that side to New
York. The arrivals comprise JBiO.OOO from the East and £ j,000 from the
C«pe.

Silvpr-The market has l)«en Arm since our last, and the small arrivals

The money market has entered upon a distinctly .firme, conibliied with the nsini; Indian exchan^ies. liave Ciiused a gradual and
continuons rise in prices from 4411i.ri, our la-t quotation, to 4.T'4d., th»
phase. The main cause of the change has been the fell in the ratfl for to-day. About £21.0 lO has come in from .N'ew York. The P. ft
O. steamer hai taken £108,000 to the East.
American exchange, the withdrawal of £170,000 from the
Mexican doUarH— The rapid i-ise in the price of silver has unanttled
Bank for New York, and the prospect of further sums being the market, and In tha abseuce of supplies wo ard tmabU to give a
quotition. 44d. being the last price at which buslnusa wj.8 done. Th6
taken. The pressure at the Stock Exchange settlement just Shannon has taken £6,3\.0 to Penang.
concluded was less than on the last occasion, but rates were
The quotations for bullion are reported as follows:
very high nevertheless. The changes in the Bank of England
SILVER,
GOLD.
weekly return are rather important, but not more so than was London Standard. Oct. 14. Oct. 7.
Oct. 7.
Oct. 14.
expected. It was known that the return would show the re•.
1.
d.
iL
«.
payment of advances to the Bank borrowed at the close of -lar sold, fine., .os. r? 9« n 9
Bar sliver
44 ll-U
oi.
*6H
It.

month. This acccuats for the -decrease of £3,731,347 in
other securities; but to effect this the floating supply of
•apital has been sensibly reduced, as on the other side
of the

last

iar Kold, contain'K
ao dwts. «llTer.o».

pan.donbloons.oi.
'^.Ara.doDbloons.oi.

77 lOX

77 10

Bar stiver.contali
Inn 5 lira, gold.oi.

45K

Cake silver ...oi. 48
Mexiean dnlH...oi

13-16

45 1-16
48 8-16

4SM

OciUBUt

80.

THE CHRONICLK

XSA,

The teadera for the £1,567,800 New Zealand Government 4
per cent stock received bj the Bank of England amounted
to £3jBH,0W, at prices varying from the minimum of 97 to
Anders at 97 receive about 1 per cent of the amount
100,
applied for, and those above that price in fuU, The average
was £97 5i. per cent.
In the wheat trade there has still been a quiet tone, but, at
the same time some slight increase of steadiness. Holders
appear to have come to the end of their limit of concession
to buyers, and the small business transacted has therefore
been at about the prices current last week. The change in
tlw weather has indicated the near approach of winter, and
the consequent early closing of navigation in America and on
Ibe Continent. But this interruption of one mode of transit
has not nearly the effect now it had a few years ago. The
development of the railway system is proceeding almost daily,
and there cannot therefore be any interruption to the supplying of the markets rufBcient to exercise more than a slight
influence upon quotations. However, every item, no matte''
how small, assists in deflning the coarse of the market, and
this is favorable to holders.
In the statistical position no
appreciable change has occurred. Imports for the past week
were not op to the average of last year, nor were the deliver.
lea of bome grown proJuoe so heavy but for allthat the suppUca offering were quite sufficient for the market to dea'
witk, as there is still an entire absence of any speculative
demand. Greater firmness in prices seems to be anticipated
bat with an increase of about 1,000,000 qrs. in the American
tMbtm supply over last year, and larger quantities on pasnge, any recovery must be gradual.
The following shows the imports of cereal prodaoe into the
United Kingdom during the first six weeks of the season,
price obtained

507

®ommevciaI %ud pttscellaneaus J^ews
Natiokal BiLNKS.—The following national banks have lately
been organized
3,574—Thn First National Bank of Cla^ Center. Nebraska. Capital,
^O.o

O. Geo. H. Cowlea, Preslileui: Geo. E. Birtcn. Cashier.
Flrsc National Bank of Wlanemilooa, Navad*. Capital,
h. A. Blakesleo, President; Geo. S Nixon, Cashier.
3,576—The Secon I National Bank of Jackson. T<*ua. Caiiltal, 975,000.
Juhn A. Pitts. Pre«ldifni; W. !^. Moore, Casoler.
3,577— The FlrxC N«iioual Bank of Lyons, Kansas, Capital, $30,000.
J. R. Bell, Prwldent; J. E. Olunare. (;a<liier.
3,578—The Mlfhell National Bank. Mltobell. Dakota. Capital, 950,000.

3,S73— The
'

9)0.000.

W. G. Darlson. PrMldent; N. L. Uarlson. Cosbi-r.
3,579—The First National Bank of Taylorviile. Illinois.

MD,

Capital.

Wililam W. Anderson, Fre«ldcnt; lliraui B. Ander-

9:5, 00.

Cashier.

Hcfobtb AND Exports for thk Week.—The imports of last
compared with those of the preceding week, show
a decrease in dry goods and aa increase in geneml merchandise.
The total imports were $8,9J1,613, against $4,613,077 the preceding week and $7,089,!^ two weeks previous. The exports
for the week ended Oct. 26 amounted to $ii.801,GJ7, against
16,047,003 last week and $5,089,807 two weeks previous. The
(otiowing are the imports at New York for the week ending
(for diy goods) Oct. 21 and for the week ending (tvt general
ivpek,

aurehanaise) Oct, 22; also totals since the tieginning of the
ant week in January:

wsw tokx.

voaaioi iHPOKTS at

;

1884.
8.708.0S3

188!>.

a,o»i.5\>j

1883.

2.M0.913

9.27S.»t36
S.'OT.Ofrt

M74.34S

l,3-«i»,104

8.063.031
2.t52.S8a
l.a7i.970
17S.»2t

.ewt.

4,i63.07t«

a,71iJ,«l5

96,261,113

98,342,311

98,991,643

*83,401,35'>

•07,190,943
255,529,330

««8.^3\
3.T6S.349

»1 93<).0S»
7,u53,&8d

«t03,731.O02
369.954.760

224,«19.2a3

Total 42 weeks. 8373.675.76'. •317,147,522 «3 12,020,63^ f353,710,273

dry goods trade will be found the imone week later.
The following is a statement of the ezporta (exclusive of
specie) from the port of New York to foreign p<jrt8 for the
week ending Oct. 2tS, 1$^, and from January 1, 1S:M, to date:

l,8<)8,4i3

BXPOBTS raoH

3H3.5.I
3,«74.n8l

l.ZAS.TM

l,64tf,3jt-.*

available for oonsomptioa (exclusive of stocks

on

nw roax roa raa waax.
1884.

1883.

1886

16HS.

ins.

«(WkaM.ewt.
efloar

1888.
7.024.445
1.U74.I«2

8.063.931

0(koai»«toWB..

4.0:4.%-.-4

ft,»>2.l74

13.077.i61

14.821,81(9

1883.

1884.
(.TSf.SSS
1.888.423
«.4a3,»00

1.3V1,7M

9.Z7H.93<>

Fur the week...

•<5,fl73,37»

•<«,7T8.214

M,7U.072

PreT. re ported..

1):

281,66i,071

363,491,421

2SI>..!50,637

•;,804,e0T
348,718,707

Total 43 weeks. r291.336,450 9270,260,605 8204,961,700 9155,523,314

l.<l4-<.3.<2

&.'>07.U3

The following table shows the exports and imports of specie
the port of New York for the week ending Oct. %i. and
sinoe Jan. 1, 1880, and for ths corresponding periods in
188S and 1884:
at

IMal.

i;,148,374 18.747.299

The following Statement shows the extent of the sales of
Wimoiniiiin wheat, bart«y and oats ia the principal markets
«C Kngtand and Wales daring the first six weeks of the
MMOO, together with the average price* rsalised, compared
with tlie last two eeasona

sxroBTs Aim mroars or sraoia at iiaw roax.
Import*.

Waak.

912,5«4.8.'SO,
ll,57ti.t;'5

Praaae

iBsa

I8««.

iermanv

1884.

........

Vest Indies

m^.

Mtm.

MS

V A
081.003 31
1I3.M9 rj

>

4.7,a^h 18

Wtaalv 4rs-***

4

4

OoMTMtiug qoartsn of wheat into owts., the
whole kingdom are estimated as follows:
1888.
ewt. 4.074.324

Vkaet

The following shows the quantities
afloat to the United Kingdom.
.....qm
near.«4aalta<ir«

nn.

Thlt mtk,
l.%i*.i»io

LattJMtlt.
l.ii.:0.000

2Ih.<»»

2 >t.000

2'«t.C00

-liLOOO

LmUmt.

mu.

1884.
6.493.S00

wlieat, fioor

Lattytar.
1,300.000
147.000

801,000

and

I89t.
l.seo.uon
142.(<0
125,0OU

\

Jtim.

T»m.

Wat.

Tkmn.

m.

4»T.
4.MI,. 49%
!W>»„ 100 l„ lO >'„ 100I>|, 1001»,«'1001S„
Qnsola (or aeaoaat. . . . 101
ll 01', „ 1001'.. tl>0l>,. l':ll ,
101
fl'sh r«atM(ta Pan*) rr f^.l7mi-..()
,82-«i'i82-72><
•^2.^7'l,'<2^^»

D.a.4%*ori891

4.

tM>„

lU',

4.t7,a

\\<->»

U:<>«
p. .4a of 1907
Ceasdlan PaelBe
74
CMfclllL*M.f>wil.... 97H
>j» sswaina stoek.... 3fi^

13i

piisis.Osatial

I3K14
ci^4

13.1

HevTorkOotnU

II6>

17»«

7a\
»'H
*%H
ei^t
18

IWH

334,650

tooth America. ....

10,1(10

17,980

590,048
665,754

3,150

other oountrlM.

ifnxloo

T*tal 1886

ToUl 188&

acUak riaaaelal .«arkM»-r«r Oakle.
Tba dafly closing qootatioos for securities, ftc., at London
mraported by cable aefoUowa for the week ending Oct. 29:
Uvsr, per os

tf.504,^9ti

3

totals for tli*

5,471.ftHW

..

•15,611

Total 1884

.')

1885.
5.S0S.174

of

T

f"

383,894 31
3N3..S87 31 1
S4.445 19 4

Areas BcttBln..^.
f*aat»

943,751 tS7,8C4.671
40,480
e.543.r>0<>
7.577 37,W30,e01

9113.200

lennaay
VaMIadles

i:<3

TiH
90 >s
30

nt

6iH

liu'i
133
7J««

06 >t

i&U
81^

138 <«

18

18>s

lie

IXtH

!iii\
132

72N
ri7>«

36
138

Pl.«85
105,2U2

2,474

2,241
91 15.441

»8,17a,'-54

a4<i.04fi

2J9,4»6
277,100

13 .^0.^ .194
11,474.902

31.148

gold coin.

Ualted States Suh-Treasary.—The foUowing table shows
the reoeipa and payments at the Sub-Tre^w<ary in this city, aa
well as tlie t»f|iwT«v^ in tlte same, for each day of the past week :
KilnnfM.

DaU.

Pat/manU.

Coin.

9

9

\Ouin VerV:\ Ourrtney.

9

1

8<%

'

6I\

;

.

lvi«

Total

8

1,2^3.342 126.9(11,466 a5.703.7"0! 22,850,695
1,557.989 I35,H'<1.261| 3»<,0ii.T)t0 22,6-)e,503
1,240 .J* I '^ft ill •> 4 I'* ;in,:ls5.4 O 22,705,349
3."), iii.'i.OiO
22,780,883
1,06«.
A.i.'.i'-.liO 22,710,704
3,1.M.
33,'.8.),7«0 22,735,300
-J
i.,.L 1,892,U.

Osi

97 •«

11C>«

91,619,651
1,606,780
3,120,510

Of the above imports for the week in 1886, $229,183 were
Of
gul<l coin and $9,801 Ameri(»n silver coin.
the exports during the eame time $43,731 were American

138>«

81^
18H

be.«5t)

817,279
327,678
360,094
65,387

American

72-'»

119't

6,169,846
3,436,327
34.827
843,465
373,849

6,861

145,624

afTnrr'"3tTin»

iiini

iii^

2.4!»«,977

•1.093
50,36O

227,879

<mitkilfsnea
Total 1886^....
Total 1885
Total 1884

•2.596.599

43.f!5«

<ezleo.
ill

aintaJaK.\.

•759,204 114,353,189
5;. 476
8.718,015
13tf,7<>0 13,553,063

97,402.071
217,*77

*!>*%

11U-,

9277,391
143,013

„.

41 1

A

*.

^;

Malta.

Wtak.

Miie«/an.l.

>rMt Britain

MalSS..

• 1,625.436

1,

Dry Goods
Seal Ber'dlse.

1 24.93

S.121.<M>5

25^.07^
3.l«3.noi
1.97t.4»S

1884.
•1,793.(31

•8,933,152

GloB'l inar'dlae.

ToUl
atmtaJm.

1886.

1885.

1883.
«2,471.as^
7,461,872

pi our report of the
ports of dry goods for

uroars.
Bwter.

ForWMk.
Dry Goods

7,616,000

10.085,278'.

I

THE CHRONICLK

608
Ametlon Sales.

—The

following were sold at auction this
& Son, 13 Pine Street

week b7 Messrs Adrian H, Muller
Sham.

Sharet.

5 Naa/catuok RR. Co

«02 Brooklyn Ods Light

16 N. Y. Dyeing and Printing Estab't $1,036 per share
253
10 Third Ave. RR. Co
122
28 Central National Bk

208
Co.,

ex-dlv
106M-105
3 Nat. Bk of the RepubliclSl
60 Farmers' and Manufacturers' Bk of Po'keei>r(le..ll6
12 Pou^Ukiiepsio Nat. Bk...ll2
20 L I. Safe Deposit Co
80>a

11 Mercantile Fire Ins. Co.. 67%
52>^
1 Clinion Hall Aaso'n.

251
20 Third Ave. RU. Co
10 Guardian Fire Ins. Oo
78>a
175
28 Mercantile Trust Co
Sondi.
$1,000 Second Ave. RR, Co.'s
108
7s, due 1888

18 FallkiU Natioual Bank of

115

PoiiRlikpepsie

60 Brooklyn Bank
131
23 Mechanics'* Traders' Bk. 142
88 Jericho Plank Road Co.. 10-3
Co
20 Atlantic Bank

Brook

UeCo

$6

1 N. Y. Life Insurance

&

ojnsol

20 Second Ave.

RR

—

The card of the Investment Company of Philadelphia will
be found on the second page of the Chkonicle, This company
has a capital, full paid, of $3,000,000. It offers for sale firstclass investment securities; accepts cash deposits, subject to
check, allowing interest on daily balances; buys and sells
bills of exchmge, drawing on Messrs. Baring Brothers & Co.,
London; also on Paris and Berlin. The company has in its
board of managers some of the sttongest and best known
names

170»4

Am. Transit Co. .$210 lot
82 Second Ave. RR. Co
165
Cent.

—

Unlisted Securities. Following are latest quotations from
Petroleum Board and N, Y. Stock Exchange:

interest

Bid.

Aik-

I

I

^

New con. 4s.wheniss...

Denv.dt RioOr.W
flint & Pere Marquette..

N. Y.

N. Y. City <fe Norihera....
N. Y. M. On. Tei.— Stook.

31

N. Y. W. 8h. & B.— Stook.
North. Pac.— Dlv. bouda..
North Biv. Cons.— 100 p.o
Biv. D.,lst tr.rec.
Ohio
Incomea, tr. rec
Atlantic
Penaacola

43

Pittabnrg

63

lat mort
Postal TeL&Cab.,whenl38
St. Jo. <& Orand lal

C—

A

73
19

Georgia Pao.— Stock
2ds

60
dk

Ohio

3Hi

Bock
Uemphis &
Little

'

L. B. Ist, 8a.. 106

Boston Banks.

aptcte.

L.

s

& Texaa, stock
A

M

&

l"*

35
22 >a
70

231a

75

1»4

3

96
28
20
4
22
2U

97

20
SO
23
231a
100 la 101
52ia

Wloh..

9

20
91 »4

96
521a
12i!|

.

Tenien,

OiTtitlaUon

9

3,068,700
8,058,000
3,167,500
3,252,000
3,274.400
3,161,300

prices which may be paid to obtain certain rates of
An interest table suitably arranged for the calculation of interest in reducing to an "interest price" bonds
offered at a " flat price," is also given. The book is neatly
bound (pocket size) and will be found by brokers and others
to be of the greatest convenience. It can be purchased from
Mr, George W. Dougherty, Mills Building, New York.

gatiMug

An. ClfTQ

9

of the Philadelphia banks

ore as follows:
1886.

Sept 18
*'

Oct.
'•

"

"

25
2
9
16
23

Loons.

Cnw/ul Monty.

DtporUt.'

C
87,743.700
87,424,600
87,823,900
87,703.800
88,336.600
88,013.800

Oircuiation. Alt. Olear'gt

•

9
22.443.800
23,478,100
23,076,800
23,261,100
23,650.000
23,710.600

81,320,500
85,019,500
84.922,300
84,947.700
86,798,300
85,859,300

5,601,530
5,607,500
6.419,633
5,035.950
4,920.200
4,765.100

atta ffiuattctal.

PROPOSAI.S

FOR

BO]yD§.

SAINT PAUL & DULUTH RAILROAD COMPANY.
Office of Vice-President, 313 Chestnut Street,
Philadelphia, October 14, 1886.
J
will receive proposals for the entire issue of $500,000
First Mortgage Five Per Cent Thirty Year Coupon Bonds of the Duluth
Short Line Railway Company, to be issued in sums of $1,000 each.
Interest due on the first days «f March and September, p:ln(!ipal payable
in 1916, which maybe regisreied at the option of the holder, secured by
a flrst mortgage or trust deed to the Central Trust Conpinyof New
York, and priuclpal and Interest guaranteed by the St. Paul A Duluth

Company

Railroad Company.
The DiUuth Short Line Railway Company was duly incorporated under
the laws of lytinnesota, July 1, 1886, with a capital of $300,000, and
leased to the St Paul & Duluth Railroad Comp luy Septemlier 1, 1886,
for ninety-nine years, and to which the capital stock and bonds are
Issued to aid in the construction of a line of railway from Thomson,
on the St. Paul & Duluth Railroad, 13'83 miles to Spirit Lake on said railroad, and from thence 667 miles to Duluth and from Grassy Point on
said railroal, with eait and west spar tracks and bridge over the St.
Louis River, 4 91 miles to West Superior; making in all about 25'4t
miles of railway and bridge, with all necessary tracks, side-tracks,
bridges, machinery, equipment, docks, wharves, slips, stations, warehouses, buildings and structures; to be operated by the St. P.tul A Duluth
Railroad under said lease as an addition il line or track from Thom-on to
Spirit Lake and Duluth, and a new line from Grassy Point to West Superior; upon all of whioli line of railway, constructed and to be constructed
right of way, property of every description, and franchises, the said
bonds are a first lien secured by said mortgag , to the Central Trust Com»
pany of New York, dated Sept. 1, 1886, and duly reojrded.

The assets of tlie St. Paul & Duluth Railway Comp my, guaranteeing
principal and interest of said bonds, at the close of the fiscal year ending
June 30, 18^6, amounted to $11,670,700 44. exclusive ot land grants,
of which 1,226,734 acres reiuiined on hand unsold, an 1 upon which
the preferred stook has a prior lien on 1,157,051 acres. The liabiliticg
for $5,376,970 60 preferred and $1,055,407 51
scrip; for $1,000,0 JO fifty year five per cent bonis,

9^,947,900 15,709,100 73,203,826
9<5.998,700 15,639,500 87.715,893
100,S96,900 15.548.500 80.809,791
102,594,800 15,342,400 93,128.652
103,814,600 15,323,000 87,072.834
104,990,500 15,380,800 91,040,329

Banks.—The totals

bond values gives the exact rates of
by bonds bearing certain prices

were

mort.,..

Dtpoaita.*

of

will be realized

;

Meridian

lat mort
2d mort
Incomea
Weat N. Car.— Ist

9

Sep. IS 141,391,800 9,216,400
•f
?5 141,579,100 8,120,600
Oct. 2 141,324,000 9,0S3,lOO
142,100,400 9,031,900
16 142.078,400 9,349.400
25 143,067,400 9,502,100

Fliiladelpliia

71Hj

—Following are the totals of the Boston banks:

Loant.

1886.

BHl

20

lat mort., 6a

Vickab.
6<g
Pref

I

70

A Ft. Smith..

Western

lat mort
2d mort
St. Louis Ft. S.
Tol. A. A.& N.

20

6

10

18Hi

42
66

Utah Central.— lat, 68

6

18>a

Ist pref

2d pref
Bonds, 1st 68
Keely Motor

Jt.

Ark.

St. L.

109 V
63

1st 6s

g

2d mort

Preferred

Kanawha

N. Y
* Green'd Lake, lat

New Jersey &

Old
Trast atamped stock
k
Boat. H. T.4 West.—stk. ICa'
Debentures
95
96 H>
Brooklyn Blev'd—stock.. 48
Ist mort
103
104
3(1 mort
77
California Pacl&o
,..
42 "is

Ask.

Bid.

Securitiea.

Amer. Cotton Oil Trust... S4''e 65
Mexican National
Am. Bank Note Co
84
Pref
Amer. Tel. & Cable
1st mort
Bank.&Meruh. Tel., gen.M
Mich. A Ohio., Ist mart..
Boat. H. & K.— New stook
M. K.*T Income scrip..
v

lat mort.,78
'Chicago <& Can. So
Ist mort
Cont. Cons. Imp. Co
Den. & R.O.con. U.S.tr.oer
Pref., when Issued

which

and the

This

Becuritie$.

in Philadelphia,

—DeghuCe's tables

Sermanent Water Loan reg.,
146'4<felut
ne I9J4
$10,000 City of Aberdeen,
Miss., 88, due 1890.
Nov.,
1832, coupons on, together
with equity In suit now
pending In (J. S. Supreme
$185 lot
Court

141-143

Co

67's

Co., sorii)....

$),000 City of Brooklyn
(Brooklyn & N. Y. Bridge)
78, reg., due 19u4 ....146*4 & Int
$10,000 City of Brooklyn 7s,

lot

Trust Oo
554
S2 Second Ave. RR. Co
170
4 WlUiamsbnrg City Fire
'
lus.Co
275
-28 Chesebrough Mfg.
Co.,

300

78,

$300W. U.Tel.

lyn
$3 lot
100 U. 8. Dynamite Prqjeot-

XTiTTT.

interest.

R'y

equipment bonds,
with coup ms from Hay 1,
1875, to May, 1883, Inclusive
$50 lot

Co.

1701a
of

& Wabash

$1,500 Toledo

6 Nat. Bk. of Coniuieroe
175
20 Oawego & Syracuse RR.

[TOk

68.405,201
59,748.402
60.802,819
63,495,251
61.000.182
66,083,620

* Inolndlng the Item " due to other banks."

Atlantic & Pacific— A circular of the St. Louis & San
Francisco Railway directors to their stockholders, requests
their assent to the guarantee by that company of the interest
on the bonds of the Atlantic & Pacific.

"The agreement made under date of October 5, 1886, between the
Atlantic & Pacific, the Atchison and the St. Louis & San Franoiaoo companies has been authorized by the directors of the three companies.
This agreement propo8e.s that the Atlantio & Pacltlo company shall
issue its 4 per cent 50 j'ear bonds to be used In exchange, bond for bond,
for Its present 6 per cent bonds, the principal and interest of such new
tour per cent bonds to be guaranteed by endorsement by the 'Atchison'
and 'San Francisco' companies severally but not jointly, one-half Oy
each. The six per cent bonds will be deposited as received with the
Mercantile Trust Company of New York, Trustee, to be held by it as
Becnrity for the payment of the principal and interest of the guaranteed
our pdr cent bonds." ' * *

the only morrgage

:

Exchange.
Copies ot mortgage, lease and bonds furnished on application.

WILLIAM

H.

RHAWN,

Vice-President.

United States Ooyernment and other desirable

SECURITIES

—

Massacliasetts Central. Notices have been issued to Central Ma3 4achudetts stockholders that a ap^cial meetiui; will be
held on October 30 to ascertain if the preferred stockholders will
approve the lease to the Lowell to authorize the issue of
8,000,000 bonds, of which $2,000,000 is to be applied to complete and equip the road from North Cambridge to Northampton, and $1,000,000 to be applied to construct and equip a
branch from Bondville to Holyoke. The lease will provide a
rental of twenty per ceat of gross earnings under $1,000,000
and twenty-five per cent above that amount, but the rental is
.guaranteed to be sufficient in any year to pay interest.

common stock and

indebtedness; for guarantee upon $210,000 bonis of Taylor's Falls and
Lake Superior Raili'oad, held under le is i and o .vuurship of entire capital
stock; due on pay rolls, vouchors, .accrued Interest, suu Iry aooounts, and
to foreign roads, $239,598 34; and for r,iali/.6d and unrealized Income,
sinking fund an 1 dividends, $78 -^.723 99. The Cjmpany has no floating
debt or guarantee other than here mention jd.
The gross caruini's, operatiag expanse*. In duding interest, taxes an ^
fixed ciiargHB. and the net income of the company for the p ist five year's
exolusiye of $8 J2,'il2 09 from lands and scujip igo, were as follows
Years.
Gross Earnings.
Expenses,
Kel income.
Ending June 30, '82
$858,764 29
$755,575 31
$103,188 98
"
"
'83
1,203,433 86
944.551 61
258,882 22
"
"
'84
1,308,038 00
1,022,105 67
285,932 33
"
"
'85
1.293.511 16
s;9l,242 91
399,268 22
"
"
'86
1,487,908 32
9J7,966 76
579,941 56
For improvement, construction and equip nent, $S?>,226 61 was
charged against the net Income for 1885 and $417,104 40 for 1883.
Sealed proposals (to be indorsed as such and addressed to William H.
Rhawn, Vii'e-Presideut, at his olHee, 313 Chestnut Street, Philadelphia,
Pa.) for all or any part of said boads wUi be received until noon ot Monday, November 8 next, when the proposals will be opened
A draft or certified che k fo,' 5 i>er cent ot the a uoimt desired shculd
•coompauy each proposal, and no proposal for less than par and accrued
Interest from Sept. 1. 1830, will be considered, and the right is reserved
to reject any bid not deemed for the best Interests of the Company.
Notice of acceptance of bids win be mailed on opening of propo-sals,
and drafts or checks received with unaccepted bids will be returned on
the same date.
Payment for the bonds must be made to the National Bank of the
Republic, of Philadelphia, oa or before Nov. 15 next, when the bank
will dellyer the bonds.
The bonds will be printed from steel plates now being engraved by the
American Bank Note Company, to be ready for delivery at the time
named, but should they bo aecidenially delayed, negotiable receipts will
be given pending delivery of bou Is.
Application will b3 made to list the bonds on the New York Stock

fob

INTESTORS.

;

listed on the New York Stook Ezohange bought
sold on commission for cash.
Deposit aocouuts received and Interest allowed on monthly balances

AU stocks and bonds
and

subject to draft at sight.

HARVEY
28

PISK

Nassau Stebkt,

&
New

SONS,
York.

OCZOBK&

80,

THE CHRONICLR

ISM.]!

tka toUowlBx dlTldeBda h*Te

raeentir been uuioaiieed:

WJun

Wmm4 of OompoKy.

Ootf.

J linen

* Boat.

Not.

(SUiii'D)qiMr.

an

15

Not."

1 Not.

1 to Not. 11

Wot.

York...

1

18

WALL

8TRKBT, rRIDAT, Oclsbcr 3*. lt0<«-3 P. n.
Tke Moner Market sad Flnuieisl Sitastlon.—The week
has been rather bare of CTenta haTing any particular influence
upon the itock market. Money has been eaaier, and the influx
of gold always caoies a irood feeling, although it may arise
more from the shipment of Mcurities than from the ezpoits of
domestic produce.

There are many predictions that American products are
rule higher during the coming winter, and if a
naaonable adTance could be established in cotton, breadstuffg
sad prorisions, it would certainly contribute much to foster
prosperity and to stimulate trade during the next tweWe
months.
The stock market has been irregular lately, and the actiTity
but to-day there was again
has been principally in specialties
flrmneaa and actiTity in seTeral of the leading stock*.
the market halts for a time, there is apt to crop out
moTement in a special stock, which is brought forward
and " boomed " on Tarious rumors, and after making a sharp
rise of S to 10 points, sometimes drops back as auickly as it
sdTanced ; it is nardly neeesssry to remark that these things
sre safe to let alone, unless one baa inside information of
what is going on.
The open market rates for call loans during the week on
per cent,
Stock ana bond ooUaterala hare ranged from 2^ to
the naual rate to stockbrokers being 509 per cent ; to-day
Prime commercial paper is
the rates were 5^6 per cent.
qtioted at 6tt91per cent.
The Bank of England weekly statentent on Thursday showed
s loss in specie of £122,000, and the percentage of reaerre to
liabilities was 41^, against iO last week; the discount rate
The Bank of France
remains unchangeid at 4 per cent
lost 8,629,000 francs in gold and gained 1,829,000 francs in
likely to

;

I

I

The New York Clearing House banks,

In their statement of
October 23, showed an increase In surpliu reserTe of
t8aO,<a6, the total surplus being |3,4«9,073, sgainst $4,618,930

ibe psvrious week.

Tns
~
:

following table shows the chsafes from the preTious
snd a comparison with the two preceding years in the
of the New York Clearing Douse banks:

Oct.

Oefc

OeL

Oct.

23.

25.

26.

37.

28.

«>•, 1891
.ooap.
1907
..reg.t
ooap. (
4S,1907
3a, option IT. B. -.««.<

-Mar.

Oet.

29.

•HI* 111\ llli«nUN'*lH»9 •Ul«i

-.Mar.

(,

.^an.

111* •HIOr

•

U

1

»8

•1H»»

'11 1 1>8 'lll^S
128»8,*l28>e

128'««12SS8 ^I28»e 1280b

.-Jan.
128^'1289| 128>s'lZ8Ste'l28% 128^9
.-Feo. •»9^ 99''. •BS's 100
'Qa^B •aa'a
•126 •126', •126'4 •12«H •126>4
6a. eor'er, '95. ..rsK.J. A J."136
•127 >« •127i« '128 i'l28 •128
6a,enr'o7. '9«. ..ngiJ.:-128
•131 •I3H4 •ISl"* •ISl'a •IS Us
6a. eor'iqr. '97. ..reg. J. & J '131
ea.eor'fir, •98. ..reg. J.
«a. ear'or, •99. ...r©(f. J .

1

A
A
A

J.|n34i«*134>« •18438*1345% '134 >« •1341s
•136
J. '1S«
•13d»s '1S6JS •136>8 •136

•Tlilalattaepiloebldatthsmomlnxboard: no ta<« waa made.

State mad Railroad Bonds.— The business in State bonda
has been moderately active, the total sales for the week being
$184,000 Louisiana consol. 4a at 78}-79i; $10,000 South Carolina 6s Brown consols at llOi; $2,000 do. Os non-iundsble at
6; $89,000 Tennessee settlement Ss at 76H; $10,000 do. 5s at
106; $2,000 Missouri Os, 1887, at 108; $1,000 do. 1890 at 110;
$1,000 Arkansas 7s at 13; $5,000 Georgia 7s gold at lOOi;
$13,000 North Carolina 6s, 1919, at 12^ ; $10,000 do. specif 1
tax at 10.
The general market for railroad bonds has shown no new
feature, businem being moderate and prices not much changed.
few special classes, however, have shown exceptional
activity and strength, and have served to give a somewhat
Texas general
Missouri Kansas
strons tone to the market.
98 and 6s have risen sharply, and the 7s, after a sharp decline,
have improred ; as to these latter bonds, it has been reported
that the accumulated sinkine fund since 1874, amounting to
something like 20 per cent of the bonds, would be applied in
a lump, and bonds to that extent be drawn at par ana retired.
This would be a moat extraordinary way to apply a sinking
Ohio
fund, and it would seem to be of questionable legality.
Southern income bonds and several other low-priced issues
have also been prominent in the transactions.
The cloeing prices and range of a few leading bonds are annexed

A

&

Mam*

ftiiif a ihisa Jan.

Oleains.
<tf

M. T. L. E.A West.—
SdeonaoL Oa.ax. Jane,'86,op. 101 as
West Shore, mar. 4a
101 If
70
Tesaa A i'aeillo Bloa, 6e, tr. ree.

Do
Do

Inc.

A Id.cr. 7a.tr. rec

do K.m.4t ter.6a,tr.r.
6e. tr. ree....

M Psotflo, looomea
Mo. Kans. * Texas, sea. Oa
Atlaatle

54%

•63

:

101 >a
101 Bg

LowtL

76^ Jan.
10O''s Aa«r.

4S><Jan.
34 Mar
8
May
51 /San.
:0>4 Mar.

•71

m

•ftS

•6 J

80

79-^

89>s
99',

89^

do
Do
89
Ren. 5a
Do
do
enMOl, 7a.. 109
Ohio Soathem laoooMa
43 >t
East Tens. Vs. * a*., eonaol. Be 96*4
Dstnilt Maok. * Mar., L «T. . 3 >aa
*:.\

Bid prioe

l.'W

Bond,

Oet 23. Oet 29.

H. O. Pietno. lat

silTer.

Oct.

...reft.o

4s.

27 to Not. 7
10 Not. 1 to Not. 10
1 Oct.

maeeUaaeoaia.

United States £xprMe(qaar.)

4>M,1891

Not.
Not.

BiekaBce NatlooU. . .

Baakaf the State at New

Inttmt
Feriodt.

Railroads.
BartauAMalne
«. T. FNT.

—

United States Bonds. GoTenunent bonds hare been dull
and featureless all the week, with prices a little irregular,
though, on the whole, very little changed. Another call for
bonds was issued to-day, retiring $10,000,000 of the 3 per
cents December 1.
The closing prices at the N. Y. Board have been as follows :

JJauUers' ^Kztttz,

She

509

Biglntt.

103>4 Sept.

105

Jons

73<4 0at.

81

Oot.

smooL

87»BMay 01^8 Oot
101 >4
72>«Majr -93>eOet.
91 >s
llo'e 108 OoC 118 Jan.
46 ^ 34 Jan. 46HOet.
97 as •94>« Sept. 97\Oofc
^30 Fob. 49 Oot.
•46

no aale.

I

0.#*r'iM»

tsss.

1S8S.

1884.

Oa. S4.

V2

on.n.

OM. 25.

Dee Sa.SM.300 •S41347, 100 929 1,643.400
75,77a.«00 lae.
78.S9i.800
M>0.000 IOO.617J00
S.349.000 IBS
80300 io.ooe.eoo 1 3.810.000
S4a.es3.^
700^ Dee. 3.ns.ioo S8b.l8«.ao0 310.782.600
32.7S3.-iOU
iaj48. aoODee.
ac4.ooo
S0.717.a00
W7.1M.4t) Dee. SftU.93> •0O.397.IO0 t78,9:>3.150
111,110,000
M.aM.000 toe. 395.100 lS7.n4.800

«S4l.SftS,,000

•».4a9.57S Ine.

•890.635

Wl.037.400l t32.1''2.x50

ExehsDge.— Sterling exchange has been only moderately
•etive, though pretty Arm in tone, commercial bills being
somewhat scarce. The firmbeas has been moet marked, howThe arrirals of gold hsTe been quite
siTsr, ia short bills.

k»e, amoontiog

to t9>6S0,000

dnce

Isst Friday.

tatee on actual bnsinem
To-day
8^60 days' sterling, 4 80|«481 ;

were aa follows, Tis.
daoud, 4 84i04 84^.
Conunerdal bills weie 4 7»®4 79^.

ttie

89^

4
89i.
OooliaeatalbilUweTe: Fraaca. 9
reichmarka,

944^9 29and 9 SliOS 23^;
»4i®»4| and 9909(4: cnilders, 89}O40 and

40ia40i.

Tbs following were the rates of domesCie exchange on New
Tork at the under-mentioned cities to-day: SaraniULh, buying
i discount, selling ^ diaconnt; Charleston, buying 8-16@l
woat, selling par; New Orleans, oommmial, 1250150c.
flooat.

bank, 79c. discount;

WSL oisoooat.
Tbs rates of

St. Louis, 60c.

discount

leading bankers are as follows

;

dis-

dia-

Chicago,

Railroad and Miscellaaeons Stocks.—The stock market
has pre8cn*xd no bew features of importance during the past
week, and the fluctuation of prices, except for a few spedalnes,
has not been great. The general tone naa been irregular and
speculation unsettled, and not particularly active at any
time; though, considering the near approach of a general election and the interest manifested in the Bartholdi statue ceremonies, a fair amount of business has been done. Taking the
market as a whole, the changes for the week are slight and
unimportant, the leading and higher-priced stocks having
been quite dull. Interest has centred on a few specialties, and
in these the speculation has been moderately active, and the
There has
prices of some of them have been pushed upward.
>M«rllltie news of s general character, and the railroad eamwe have heretofore mentioned, cannot now be expected
tBgl^
to <BOW the same relative increase over 18S5 as they have in
previous months.
Foreign buying continues to help the market, and the large arrivaU of gold are also a favorable feature.

M

Jersey Central has recovered part of its sharp decline of
week, and the buying at umes has been quite active,
partly to recovei the short sales of last week and partly as s
result of the circular issued.
Several other stocks have been verv active and sharply
advanced and each has had some specfal cause, though these
advaDces are generally the result of a speculative move based
on some reported benefit which is not given out to the public.
The most conspicuous of these haTe been Richmond Termin al ,
which, after a decline to 31} on Wednesday, suddenly rose to
Nsshville, in which
39 on Thursday and 40 to-day ; Louisville
the foreign buying has been prominent; Louisville N. A.
Westerns,
Chattanooga, the Norfolk
Chicsgo, Nashville
Reading, Consolidated Qas, CanMa Southern, New Englana
snd a few others less prominent.
To-day, Friday, the market was tolerably strong and a little
broader in its transactions, embracing such stocks as Wester%
Union, St. Paul, Padfio Mail, &c., in the active list
last

—

&

:

A

29
bUlaoaLoadOB..

481>*
4

79\04 80
25SS5 25

4 7tf>«S4 79>a

5

S9%S391<]«

485
5 33i«S5 83>a

89iai«*40

94>k«944 I94»8S95

&

&

THE CHRONICLE.

510

[Vol. XLIll.

NEW TOBK STOCK EXCHANGE PRICES FOB WEEK ENDING OCTOBER

29,

HIGHEST AND LOWEST PRICES.
BT0CE8.
Batnrday,
Oct. 23.

ActlTe Kit. Stocks.
71>*
60'8
48I4
47'4

Oanadlaii PhcUIo...

Oftnada Southern
Quitralof New Jersey
QantialPac'lHo

10

Chesspeabe &Ohio

Do
Do

Chicago

&

Alton

7038
6208
5078
4678

7138

70% 71%

70% 71

60

62

6038
4958

02%

62

5II4

5058

63
52

47 14 4714

47

47

47

47

10% 10%
17% I8I4
11% 11%

& Qiilnoy

13714 138
1371s 138
93 14 94 14
93>3 94 >8
I2112 121»a 121
121%
116% 11718 11614 117%
Oblcago <b Northwestern
pref I-IO
142
Do
I4214 I4214
Ohloagn Rock Island <& Faoltlo. 125^8 125''8 12514I2514
1414
I412
14
Chicago St. Louis &. Pittsburg. •U
•31
33
Do
pref.
33
84
48% 49 14 48
49>4
CUcaeo St. Paul Minn. & Om
pref
Do
CleyelandCol.Cln.&Indlanap.
69
0958
09
69
Columbus Hucking Val. &T01. 3658 37% 3638 3738
Delaware I^aoka wan ii« (fewest 139>4 140% 13958 14038
DeuverA KioG.. ai-scssui't pd 32 >4 32 >4 32
32
13% 7:^"
13% 13
13%
£ast Tennessee Va. & iin. K'y.
72I4 7214
Istpief.
72
Do
Do
2d prel.
29% 2958
291a 291a
EvansTlUe i Terre Haute
86
86
19=8 19»b
Fort Worth & UeuverClty
•11
Green Bay Wluoua&St. Paul. •1114 12
1214
Houston ife Texas Central
33
31
31
136 136
HUuuis Central
135% 135%
iBdlaua KlooHilDKt'n * West'n
20
20
19% 19%
20 14 20%
20
2058
Ijake Erie & West., ass't paid,
92ia 93
liake Shore <Sc Mich. Southern
92% 93%
prel.

958

9=8

Ix>nisville& Nashville
Louis. New Alb. & Chicago...
Manhattan Elevated, aonsol..

Memjihis A Chaileston
Michigan Central
Mil. Lake Shore & West

--,

pref.

Do

pref.

& Texas

Missouri Kansas
Missouri Pacltlc

94"

"94%

*61ia

St. Liouls ...%...

,

64
93

93

2013 2012
451a 4513
3538 36%
114'8 115

Mohlle&Ohio
Kash v.Chatl anooga A St. Louis 66
67 H
Kew York Central & Hudson. 111% 113
Kew York Chlo. & St. Louis
1358 14
26I4 27
Do
pref.
3514 3558
ffew York Lake Erie & West'n.
Do
pref.
77
77
Hew York & New England...
59% 60
20 14 20 14
Hew York Ontario .k Western
Hew York Susq. Western. ..
7% 71a
Do
2278 227,
pref
Horfolk & Western
17% 1714
44 14 44 14
Do
pref
<fc

Horthern Pacific

Do
pref
Oblo& Mississippi

,

Ohio Southern
Oregon tfe Trans-* "ontlnental
Peoria Decatur & iivansvUle.

&

Philadelphia

Heading,

2878 29%
63% 63^8
28% 28%
ISI4
3414
29'8
3414

20% 20%
*45% 46%
35% 36I4
114% 114V8

35
75 14
59 14

3538

76

19'8

61
1978

7%

7%

22% 22%

44% 44%
29

2938

63% 64
I8I4

I8I4

34% 34%
29% 30
3158 35%

138
138 138
93 ^a 94»i, 9373 9438
9278 94%
'121
121 14 121% 122 122
122

116% 116% 116% 117% 116% 117%
I4II4 I4II4 142
142 142
126 126
1253s 12578 126 126
1414 14 14
13% 13% *13% 1438
3.3% 33% •33% 34%
32% 33
49
49 14 50%
4938
48
49
>112 114
'112
114
68% 69% 69% 7014 7014 70%
37I4 3914
37
3714
3638 37
13938 14078 140% I4H4 14078 141%

141

30

31%

12%

1278

72%
29% 29%

72

87

87

1078

1078

33%

.

Cnlon Pacific
Wab. St.L <&P.,P.Coni.rrpt8

Do
pref
miscellaneous Stocks,

Colorado Coal A Iron
Consolidated Gas Co

20% 21%

2II4

6058
19^8

59%

35% 35%

1914
3534

217e
6138

19%
36

3014 31 14
30% 31
79% 79% 79I4 7. =4
10553 IOd^ 105% 106

.Si

Do

& Baltim're.
prei.

Cleveland & Pittsburg, guar..
Detroit Ili.bdaie & Southw...

Manhattan Beach Co
Morris

&

Essex

Hew York

Lack. A W^estcm.
Oregon Sliort iJue
Pittsburg Ft. W. & Chicago. ...

Kichmond A

5%
9%
152

80

5%
9%
152
80

ATerre Haute.

79

•

'

*•

••'

<

rw*..

947e
5714
61

59%
162% 164

93% 95
61% 61%
90

90

20% 20%
*45

47

9258
9478
5638

61%

30%

31

87

87

87

11

11=8

11% 1238
33% 33%

31% 34
134% 134%

19
20% 20

,

19% 20

20

9314
9473

9278

20%
93%

57
62

56%
62%

5838
6573

21

93 14
95 14

57%
66

164%

I6414 16478 16*78 165

41% 41%
94% 95

*60

63

42
95
58

43

95%
59%

43

95I4

9114

90%

20 14

20 14
46

2058

2073

46

46

46

3573

3533

36%

36 14

44

93

21
9373
95 14

838

3714

3738

55

33
56

8%

'36% 38
33

5,572
16,158

Lowest.

34% 35
75% -75%

5973
•1914

7
2214

6138

28%

714

22I4

4513
2878

63%
27% 28%
18% 18%
3378 34%
29% 291"
34% 36%
0234

33

67%
116

57%
110
118
*36
19 14

21

2934
79J4

33%

87
1,060

67
28

2978

53%

7%

17%
45%
28'^

1756
46I4
2858

61% 63%
28% 2838
18% 18%
3334 34%
2963 30%
35% 36%

4,0(i0

4,303

91% 91%

20% 21%
46

36%

31% 33%
•80

30%
16%

7%

46:%

48

28%

28
6234

62
2734
I914
3353

28%
1914

34%
30% 3158
36% 37%

2014
733
2234

18
4673
2878
6278
2878

19 14

34%
31

36%

34

39

3734

2014

15

91% Sept. 15
25% Feb. 1
13% Aug. 20
37% July 20

May

8

Jan.

12

143% Feb.

1,120
1,210

5
22 14 Oct 19
9373 Oct 29
100 June 21

76% May

.5868

70
175

May
61% May

44
96

Jan.
5014 Jan.

95

29

21

23

May

47%

44,1,50

29
7,620
633g 36,243078 23,9j0
I.iiO
I914
3463 19.: 28
3158
6,975
37I4 193,555

150
40

21

2038

59 14 60%
19
19

35%
3II4

I914
2134

79%

20

20

21=8

59% 60%

22%

60

60 34

19%

1914

1933

1933

34% 35%

3473

35%

35% 35%

31

3134
8034

32

31%

79%
100

33
8II4

lOiiH 106

2178

82%
10638

2978
IO663 10534 106% 106 106
5353 54
5414
53=8 64

60
128

11%
3OI4
1634

60

126

1159

30%

145

77%
62
128

11%

579

858

9

5%
9%

'143

7714
'141
'106

.iO

128
11=8

145

77%
144
109
62
128
1178

30I4

15% 17%
14% 15%

5

1878

1458

1514

1514

"72% '72% '73" "73"

100
85,055

Mar.

25
22

Jan.

53%

Miir.

1933

May

2958 July 27
0434 Oct. 23
3073 Oct 29

May

19% Oct 18
35% June 21

Mar.
Mar.

32 14 Sept 15
38 14 Oct 7
15.T
Oct 16

18% Fob.
75 Mar.
27 14 Sept.

5%
9%

10% 17
15
573
878

15
57g
878

3278

81
83%
106% 10638

106
5314

106 14

54%

144% 145

77%
141
107
61
127

7933

144
107
61
127

11%

ll7i

30
17

30
17
16

13

579
958

6
IOI4

152

25
17

40

Jan.

May
37% May
97 May

Apr. 12
June 16
Oct. 14
41% Apr. 24
22 14 Oct 16
235s Oct 16
6.rAi Oct
5
2173 Sept 20
3834 Sept. 20

67
114

106% Jan.

124%

3014 Mar.
714 Apr.

17 14 Get.
Mar.
12 May

44%

2338

May

May

4

8714 Jan.

16
93
49
128

June

May
May

7

1097a Sept. 14
67 Jam 2
14733 Oct 14
3
7933 Oct 29
4

Aug. 21 150

101% Jan.
51
6,119

8

34
147% 117%
'36% 38

146

37

838

35%
146
833

37% 37%

38
1314

13

1453

108% Feb. 13
3 1 % Mar. 6

Feb. 23

60% June
138

Ifc

Mar. 26 130

June 22

Mav

4

12% Oct 22

22% Sept 23 30i4Oct 21
11 Feu. 13 19% July 29
13 Mar. 24 22% Jan. 5

2% June

10

6% Oct

18% 18%
17% 17%
15 14 15%
727„

18% 18%

18
18

16%

16% 16%

1514

1534

1514

73

7414!

74

18

14% 15
73
73%

Xhese ate the prlcea blu and ueked; no tale wad made at the Board,

18%

"Hi"

18

15

18
18
1558
74

18

Oct 16
2
79
Oct
Oct 18
13% Aug. 16 2II4 Mar. 6
132i4.1an. 9 144 Jime 18
100% Jan. 20 109 June 1
19% May ^ 38 Oct 9
141 Jhu. 2 150 Mar. a
2 Miiy 3 10% July 2
27 June 2 46 Feb. 3
5

July

2

lau. 11

10% June 24

1033

153
«i

Oet.

Iti

16
33

4014

53

Aug. 10
Feb. 26

26
53

Feb. 12

2h 111
15 66

May

V!.'^

16% 16%

827gOct. 29
Feb. 8

747sJune 3 111

'146%

14% 14% 14% 14%
141% 141% 140% 140% 141% 141%

29
29

118% Oct 15

99% Jan.

21

Oct.

7% Sept.

Bl Sept 22
35 7g Oct 16
7014 Oct. 18

.ran.

37

2

24% Sept 22
18% Aug. 6
48 Oct 28

13% Mar.
25
16

Oct.
Oct,

8% Jan.

Feb.
Jan.

8

333 Jan.

36% 36%
19% 19%
2078 21%

36%

22% May
50% Jan.
30% Mar.
318 15 May
6

4

Oct

6
14
17%
29
73 Oct 29
11458 Sept 20
1734 Oct 18
31 Oct 18
37% Sept. 24
81% Sept 24
6858 Oct
5
22% Sept 29
377,

119

52,(180

17%

29
29
16
29
14

June 10
June 9

51% Jan,

2,470
48,475
1,635
1,328
8,910

73s

Oct
Oct
Oct
Oct
Oct

71% Jane 3

le^Mar.
225 40 % Mar.

31,055

9,

2878 Jan.

July

l>-%Oct

300 22

22%
18%

81
33

141% 143% 113'4l43i4
IO6I4 107%
100% 109

11=8

733

22% 22%
17% ISI4

35% 36
75% 76I4
00% 61%

150

143
7658 7733
7/

60
126

3538

75% 75%
6038 61%

1880.

7538 Oct.
6
31
Oct 29

Sept.
Sept.

700 25 Mar.
340 133% 0( t.
1,623
3,000
58,810

95%

81
81
3379
33
3414
34
33
34%
68 14 69
6878
69
69%
68% 68
11573 11573 114 116
116
115% 115%
60 14 62%
5833 5973
58
583e
575s
110
110 110
110 110
110 110%
II8I4 118 119

10.ii4 IO6I4

106

'7

22 14 22 14

3473

150

58% 60
19
3514

35

60% 60%

*19% 20 14

...

10% 17
44

34%

75 14 75%

1,

Highest.

720 67% Jan.

44

33

18%

15

Range since Jan.

510 80 Jan.
5858 113.820 33 58 May
70
6,280 32 Mar.
165% 11.193 120 Jan.
65

*

90

34% 34%

18% 18%
,

74 14 75

87

2i)

Shares.

1886.

1,

70% 7138 8,700 61 Feb. 17 73 Oct. 18
63
63% 43,700 34% May 4 64 H Oct. 6
49% 51% 148,020 4214 Jan. 18 64 Sept. 24
•46% 47% 1,205 38 Mar.
5058 Sept. 29
10
10
6
I314 Jan. 8
7 May
I8I4
18
2,028 13 Apr.
21% Jan. 6
11% 11%
I5I4 Feb. 13
318
May
8%
156 138 May
146 Aug. 11
138 14 13814
1,164 128% Mav 15 140 Jan. 6
9373 9458 157,175 8258 May 4 99 Sept. 20
122 I2214
750 116 May 3 125% Sept. 20
117 11738 21,783 104 14 May
I1914 SeiPt. 22
40.'> 135
'141
142
144 Aug. 9
Jan.
12573 12578
2,045 120% May
131 Feb. 17
I5I4 Jan. S
14% 14%
502
914 Mar.
33% 33%
612 26% Mar.
36% Aug. 7
49% 50 14 13,400 35 14 Mar.
51% Sept. 29
11378 11373
10 97 Mar
116 June 18
70
70% 5,460 43% Mar.
71 Oct. 7
3858 39 14 24,916 2678 May
41% Oct 18
140% 14158 52,68 115 Jan.
14333 Oct. 18
32% 327a 2,325 21i4May
35 Sept. 30
13% 1338 6,738 11 Oct.
13% Sept 13

79
146
101

31
pref.

Coal

lennepse*

9473
5473

31% 32
1278 13%
74%
297a 30%
73

I2I4

loledo

Homesiako Mining
Marjiand Coal Ci
l|ew Central Coal

20

152

141
140
IO514 105 14 104

Boutli Carolina

& Ohio Cc ntral
_ Do
Cameron

•6% 6
*9% 10

141

Alleg.. receipts..

Bt, Louis Alton

20%
93%

79% 80%

Delaware & Hudson Canal...
Oregon Iniiirovement Co
Oregon Railway diNav. Co... IO7I4 IO714 10636 10714
PacltteMall
53% 54% 53% 54
PiiUman Palace Oar Co
143 145
145 145
Western Union Telegraph....
76% 777a 77
78
Express Stocks.
Adams
'142 143
142% 142%
American
106 100
107 107
United States
-53% 61
-59
62
Wells, Fargo & Co
*126 128
'126
128
Inactive Stocks.
Atlantic* Paeine
11% 117( 11% 12
Buil'alo Kdih. * Pittsburg
30
30
3014
30
Cedar Falls Minnesota
10% 16% 16% 16%
Oentral Iowa
*
17
Cincinnati Wash.

20
92

19%

81

34% *33% 34%

6138
1938

*19

3314

Bt.PaulMlnneap. ife Manitoba. '118%...
119 119
Bouthern PaciticCo
37
37 14 3638 3634
lexas & Pacillc
trust cert.

I914

3438

Do
pref
68% 69
68
68%
Do
Istpref 116% 116% '115%ll(i%
Bt. Paul & Duluth
58
SS's
57% 58%
Do
pref
loo's log's 110 110
Do

31% 31%
1278 1278
72% 73 14
29% 30
-86
87%
*11
11%
31% 81%

I3414I3414

'140

*80
341a

10

Oct. 29.

Week,

JAN.

115% 115 1167( 11634 117% 10,800 100% Mar.
•I6I4
1658 17%
16%
1.050 11 May
6758 68%
67% 70% 70% 71% 7II4 72% 72 14 73
33.350 43 14 Apr.
11134 112" 1117ell2% 112 I1214 1123a 112% 11253112% 12,018 98% May
14
1453
13% 14% 1214 13% 13% 14
14% 1434 17305 4% Mar.
2714
24
20
27
24% 26
26
27% 2738 28
7.0.55 11
May

19

85%

10

138

35% 3578 3514
11478 lll'e 11434
*16
lli%

3458

30

9%

,

41

93% 94

28

KochesterA Pittsiiurg „
Eouie WatertoH n A- Ogdcnsh'g

&8an Francisco

41

"61% 63
*92% 93%

28

Kichmond & Danville
140 150
Blchni'd & We»t P'utTM)uina)
32% 3353
Bt. Louie

94% 95
54% 55%

60
61
6U78 61
1641a 1651a 163 165

,

Do

UlnneapollB &

53%

5458

938

7073
635e
5158
467e

17% 17% 17% 17% 17% 1814
10% 10% 10% 10% •IOI4 11
142% 142% 142% 142% 143% 143%

'

Lion^' Island

Friday,

Oct. 28.

48% 50%

Ctloago MUwaukee & St. Paul.
1)0

Oct. ^7.

70%

,

Cliicago Hurlimrton

Oct. 26.

Oct. 25.

49>4
4714
10«i

18
*ll»a 13

Sales
of the

Wednesday, Thursday,

7m
61'8

18

iBtpref. ..
2dpref....

Tuesday,

Monday,

AND SINCE

Oct

l.T

56.%

9
17

JiiQ.

1;

21
23

Mar. 13
97a Apr. 2<
.May 4

9
38

M

tr.

2„

Aug.

Jan. 11

Oct 23
Oct 19
June 1
Jan. 6
16% Oct. 28
1.1% Ost. 28
7414 Oct 28

OOTOBEB

THE CHRONICLE.

90, 18S6.]

OCTOBER

qUUTATlUNS OF STATE ANO BAILBOAU BONUS,
STATE BONDS.
CUM B, 6«, 1806

108
nil

;iM

IM

10-*U«7tMW
Arkantii 6«. taodwl..
II, L. Boek * Ft. s. lia.
T*. MuiD.* L.Raek RR
flau

9

* M.O. RR
* a. R. RR.
ra.AlkMMsC*n«. RR.
0«Cii»-7l. floU. 18M ..
^a,
.i>14

—

_

due 1889 or 1890....
AaTl'morUnlT.,daa'99!
FiuidUi«, 1894-95

la

BKOXTRITIBS.

103
lOi
1U9

Sa.

.

I

Special tkx. Claa*
Oonioi. 4a, 1910
6(,

ll'i

Hi

1

93
79

SXOCRITIBS.

Bid.

10

1

X«w 8»ttlem'l—1)8,

11

99% IVl

Sa,

—

MW, 1893.8-1900 ...

6a,nawaarlea,1914

6iS

73 V

7i

76%

*55

S8

65

6a, deterred

la-a

DlatTtet of Oolnmblk—
8-66a, 1934

Tandlnr

110

47
47
90

new, 1866
6a,oonsol. bonda
68, ax-natiired ooapOD.
6a, eocsoL, 2d aenea
6a,

63^1

CrnilnlM Jt.4.5-6<L 1 91 a

105
101

Vlrgliil»-84. old

10-i

lao

cp.,1 893.4

1913

S«, litis
Ss, I91»

US

lai

Booth CaroUnj^—
8V
6«. mm-tandable, 1888.
Brawn oonaol-o 6a, 1898 '108 >< 110<«
63
63 V
TBiiiiMaa»-6a, old.l89S.8

I

Aak.

TenDa«ae»—Contlnurd—

1919

Ohio— 6a, 1886
Rhode 1.41.—6s.

"^f

1888.

!£9,

N. Owrollna OonUaaad—

Haaiilbal*Sl.Jo..'86.| 10-2
Naw Tork-6a,ta(., 18871 103
113
6a,lMka.l891
IIS
18
aa,Iau,1899
10
118
6a,loaa,I893
35
Illu". N.Ovalia*—6«.ali\.J.*J.
la
mndliut act. 1900
n>9 Xa«l>onda.J.AJ..'M4)' aa

It
13
13
13
6

Ta, L. R.K B.
Ttw MlM. O.

Bid.

IClHoui—6*, 1887
a*.dmel^8

1I>S'«

ClaM O. 4*. 1806

".««.

BX0URITIK8.

BM.

BKODRITIBit.

511

120

Ba. 189''

RAILROAD RONDK.
BBCURITIES.

DeL A Hod. Canal— lat,7*

lUllrMd Bob4s.
MUdc KEckmo I'ncm.)
AtL * Pm.— lit, 6a. 19IO
BaM.*0.— lat,6«,P^r^ "
•% (Old. 1935
av.O.RM.A!(e.-I
Oamal

lat. Pik. DiT..ep..7a,1917 140
AJb. * 8aaq.— lat.7i... 106
lat,caiu.,Knar.7a,190e 130
119
lat,ooa>.,suar.6a^906 ''•
Reaa. A 8ar.— lat,SKt
123
Oear.A Rio Or— laij7a
lat. eana.. 7a. Tniat ree. 1U9
Dea.tlo.Pk.A Pac— 1*1.7.
Oao-ARIoe.Waat.— lat.«» 77
7J
Aaaeniad
[>at.]faek.AMar4-— iat,6a '93

.09

*eol.tr..5».

JtlnB.*Sl.L.-l<t,7-.4. 'Itu

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••-

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la^a«,lw31

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0» Hll lal,UH.gii»f..5»;

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'Ji

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i I

'7
'

I

3U
97 <a'

ad. aitoiutod. ftaTlOia.
3d, axtaadad,4 >A 1933.
4th.aztMHl«ia.6«. 1930.

iLdSB.*r^M..i'>.* AIMa-lat.TJbc tnod. 6<i.

Tt
_

Ha. B|i
Be. R|T.-1>I,
7a. 19110

r-iM 115
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Mlai.R.Bi«i|»-Ui,>.t.>»

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t,l

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r.

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1905.
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lat,a«naaiir[

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,

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N. Y. Huaq. A W.— I at, 6.1

103

ibs'iios'i'

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lat oon

Ulu'a

,

.

I

ii6"|iiu
UI.7b.1909
103 hui't
't'.-U'.M Jl. Gh. ll.-Jl
lo7
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101

.

lo-*

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l..«-,«a
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79^

rxT «vn._l«t,B.f.,7B.1009

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'..

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ta

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Wa

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96

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73%

iDft'lMil'

''.11.

Detrull

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Ih:

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P

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i

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lat, ».««. 1900
3d.5.6a.l909

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.

A

—

A

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lAad <rmut buade.

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135
134

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\t

116
1!3

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13

137

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M.IK1899
113
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ex Auk. op.
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f

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77
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110^

r9i9 l.u
•73

.

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88
80

IllO'al

llaakT Ulr.-6a.IUIW

1918

106.4 iOa>a

39%

Vo"
97%

Ti

10.i

116
llu
Via
103 K

3<l

at BLAM.-laI.6a,l8lll lu<t
...II. r .N A Ih. AC.-lat,«a
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.,

975

30H 83

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Atl
Del. Md'

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7.

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(ft.'

;i7s 118

.l>5S

"87%

>,

:i4

wt

101%

98

•llOS

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-•

101

115S

AtCAP.-

93

[«.

60
101 S

138

Hi

-.09

88%
Yi"

118
.(!•

lus
k7

115

laiB 114

84
101

"sd"

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9(
:34

W,

•94

103'

<i.

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107%

110., 111

97
98

li>3\

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113^

104

93

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90

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lavaoaael..

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<>r«icoii-l.l, 6.
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1-'.^
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'
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A.. 7a
B>iiI.AKrt»...<(aw bd«.7a

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1931.1 .90-'^

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.\

lat,Wl.

106 ib6"
imi^

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76

udiaoap.D.A.'tpr.- lal.7a!'.l<'J
i.i..k<tlXo.-laL«..«uidi 'l'"*
oo.da. 1904
••''•i

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..u-a

i'/

88

II

Wal>»«!.
;i|T..7a|

IPl.

104

90

I'

Hav.
!

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106%

60S 81%

Chi.-.

y*

iprlnKdeld Uir.,7a.|
(•aeral, 5a. 1933...I
llt_'I
,1. lU

C.iM.L.A.f.O.-Taa.l..Ta!
1.1 <..>ii.oI 7>, 1897..

I.I1II

106 .a

93 S 98

Va

i-i.,
.

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103

li
LI

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98
99

103

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38%
74

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804

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170
135
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131
:I5
1-iO
:i3

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l.n!>4

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118

llJ>a'

luis 105%

ibs"[io>^"

103
»l.aaaaa,..aaalB\laa,8J 8}

1)1

95).

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106
8« •1.6
33 110

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114%

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70

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-u vS'eatwa DlT..7al.., lolHi li»3s

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81

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Cairo Ark. A T.— Ul, 7a
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risc^lpla

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rlrllVlaCaL-la^6•..

•

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l.l, I**.-

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130

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_AaJ>'kA lap.—}*. 1 ^<

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l.t.7.. •«..

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!t.T. Rlar.-lat. Ta.

l*t.<la

1

74H

,

tea. 5a.

<

OMr,d*lMut..da.
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la<,l.
lat,l.

101

74 >a

I

iu8

Deb., 6a, 19i>4

ad.ea.l8:il

OHr.,aaa«oi-

99 .< 100
114>a 115

108

1893
Rleh.ADaar.—OoiM..Y.,6a 115 116<
IOHI4 1201*
Debenlare 6a. 1937..
BxtaoMon. 6a. 1937 106
1<>7», 108%
78
117>a
Aaaented
8t.L. A Catra—4a. ipur.
Horna'a La.AT.— lat, 6a 110 116
AtLACh.— lat, nr.,7a,'97 110
!<>0
.
IVO 1.10
laC7a,191S
InMiniOA. IIMIO
-85
100 >. Naah-Chat. ABC L.-lak7a 130 131
70
Soloto Val.— l«I,c<Mi«..7ii
IM", ad, «a. 1901.
109 110
8tJo. A H'rt I»r<l.-l«t, 6«
luiH
lri>i
If. y. Ceotral-^a, 1887
Ht. U A Iron MC-lat, 7a.
•117
li'i)
|t06>s
...M«
Deb. oerta.. axbi 5
8.1.78,1897
iV7"
^
ir.T.aAH.-lat.cp..7a l:i.k 136
Arkanaaa Rr'oh— lat, 7a 114

}|
110

M.7^

ilTia iia>s

lal.

.109
Kranfi-AIniliM. — 1*1 c<>i>a'
r'I'tAP.MarQ.-M.t>«,19'JU| i'ii'
hlW.A l>an.U.-lal,
ial.Har. A)*..
ia-JllSl..

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^SAUaL..'.
iMkADw
OfUafM.J.-

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'106

'

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ion
113

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CTki*.

iia

<'olut«nil tni't. 6a,

Puod Map.. 6»/lM».

I

iai"

•iio"
115

.

Collafl iraat. ta. lina

(a,daliMiUraa.lul

iis"

139 <s
134

I

-

,

1

lbs'.

1 at. eafu..
1 . t, oona.. rd.

»17S

M,(SdO),7s, liJt

Ckla.Bwt.

1.7',

nU. 7a. 19ao
eoap^ 7a.
Keorr, lat llmi.Sa. 1908
Lone Dock b'oda,7a,-9S i'ls'i^
CoaaoL aulil. S*. mtS. 115 117
B..V.r.Ae.-Ut.7^1916 1J9 140
N.V.UK-AW.-.VwAltta "r-*

IiK.*
_^ *

C—

li'4>a

::9
>ULL.8.AW.-lat,tJa.l931
3d, 78, 1913
lie
3d,7a, 1U13
Xleh. DtT.-l>it.6a, 1931
Anh! M i)lr.-lat.ea,19'M •114
Clar. A P.—Cona.s.tdM7<
13J1.
I,.— I«t.7a.l937 133
4th, a. t. 6>s 1893. .«.
Ill
130
St. L. V.AT. H.-l8t,||K78
•-lat, 7a, 1909
100
^11
ad. 78, 1898
7.t>a. Mtliw KtL— Ut,7a.l910
ad. rnar.,78. 1898...
105
76
lOfl
Pine 0*1 R'y-6aor 1933
Pae.Kxt.-l.t.6a. 19-il
93
«.l
9«
Pltta.CleTe. A ToL— 1 aUOs
Imp. A Kqillp.-6a.19a3
105
48 <a Xlna.A N.W.-Irit,fta,(ld. 104
Pltta.McK. A V.-lat.«fi.
lu5«b i(o.K.AT.-(I«nl.,(ta4B30 101 « lOIS RomeW.A Ok.— l«l.7«.'»l
IM
90
fO'a
Con., l«t, eit.. 5«. Iit23.
Oenpral,5.<. IMO
no llO'i Roch.APItt.-laU 68.1931
il.S.6
t'on« 7-.
•HO
97 S
'10. 1911
ConwI., lat. 6a, 19-i3 ..
Rich.A AUe«.-lat. 7a,1930
it.7a,"90 113Hi'U6
Trant Co.raoelpta
Nawaa.. 11*^ 119
.

SU, 7a. 1888

1

106 .f 107
106 la 108%

Pitta.CABt.L..-lat,a.78 i:u
Pltw. Pt.W.A
l8t,7» 141

W

Ul. 6a. 1930
RlU.Li*x.A BI«t>*adr-6< lu8
iCrt*— lal, aslMMladrTa. . 'lUS

"J

RR

Pa.Co.'aKuar.4>ia,lat,ap
Pa. Co.'a4 >*B,reir., 1931

10"!.

106

lat, 6a. li^tt-1913

B.T.Va.AO.-lat.7*,180U iiia
IDA
OlTUlaaal 5a. 193U

e.T. Va.A Oa.Rr.— lat, 5a
::(iS 1CIII.C.A .v.—.'«.f.dab.,e.,6a

I

SECDRITIK9.
PennarlTanla

ViO't

i;I>el.

:1V4<-

Eir«T— laO«.I»li|
liili
DIT.,1
ID.

•

Aak

Bid.

1:13

46

I,andi|Taat.3>aa, 8. A..
BatC'.A Alp.— lBt.6a

'

»•*

116%'llT

Coapoa. 7a. 1894

88

BKCnRITIES.
Xleh. Cent- 6a. 1909....
Coup, 5a, 1931
Jack. I.aa. A Ha*.—6a,-91
Xllw. A .Va.-lAt.6a, 1910

lt:i

lat.ext.,7a,1891

87

Aak.

Bid.

8BCURITIE8.

Aak.

Bid.

•7.1

96 H-

46%
79
79
80

•33-

SO-

'.H7S

SO
7a

7UK

'1

63

tit',

.^ .-v-lt^ap«»a

<
!.

97

•

a

>8U

THE CHRONICLE

512
Mew York

Qaotatlons in Boston, Philadelplila and Balttmore.

Local Secnrltleg.
iBaamnee Stack Uat.

Bank 8tMik

lA»t.

100
Kzohaase... 100
'.26

Bntobera' A Drov's'
Central

Ohatbam
Obamloal
OltlMns'

aty

Oommerve

OcotUnital
Com Sxobange*..

aatBlver

Xlerentb Ward*....

Tinb ATenne*
Kr»t
Fonrtb
rntton.... ..........

e£Iatln
Garfield

Qerman American8«rmanla*
Srvenwlcb*

Hanover
Imp.

Traders'...

dt

Irving
leather Manof'ra'..
Maaliattan*

Market
Mechanics'
Meohanlcs'A Tiads'
Mercantile
Keronanta'
Merchants' Kxch...
Metropolitan

Naaean*
Ifew York

Hew Tork County
ff. Y.Nat. Bich....
Hlnth
North America*
North River*
.

Oriental*
Baolflo*

Pa^k

B.

BaUey,

35
100
100
25
100
25
100
100
100
100
86
36
100
100
100
30
60
100
76
100
25
100
100
60
100
60
100
25
25
100
60
50
100
50
100
100
100
100

no

Bid.

Bowery
Broadway

as

1'20

Brooklyn

17

150
185

Cltliens'

30
70

390

287
160

26

City
Ollnton

'.iSOO

lliU

Continental

1731a
116

100
50
100
40
100
30
60

Commercial

280

Eagle

182
120
110
726
1200
135 138
IW 146

WO
150
1U6

KmplreClty
Exchange
Farragut
Flremeu's
(German-American
(iormanla
Olobe
Greenwich ....
Qaardlan
Hamilton

17

Hanover

Home

lOtf

100
60
50
36
100
15
60
100
40
30
30
30
60
100
26
60
60
50
60
60

160
102
153
177
186
125
130
138

166
95
145

170
176
116
121
117
33
315
256
90
96
122
90
260
140
115
225
70
110
140
146
75
118
210
90
89

36
330
265
100
103
126
100
3U0
160
120
235
80
114
148
150

Hi

80
125
220
95
92
120

6

15

86
63
110
97
Moutauk (Bklyn.).
140
11)3
Nassau (Bklyn.) ..
34 Hi 40
3719 80
National
lfl5
139
36
If. Y. Equitable....
90
200
100
N. Y. Fire
200
50 185
Niagara
117
36 100
North Blver
126
25 165
Pacific
100 100
Park
70 126".
20 150
Peter Cooper
30 126
60 103
People's
25 leo
60 146
Phenii
60 156 160
26 123
Butger's
100 164'
60 100
Standard
25 160
66
100
20 107 Hi 110
Star
66
100
100 129 >» ISOHi Sterling
26 110
100 118 120
Stuyveaant
25 140
107 Hi
100
United States
10 125
100 20O 280
Westchester
60 240
100 136
WllllaDxsbnrg City
100 129
100
40 108
100 201

90

^00
167
300

Howard

Jeffereon

138
195
166
16» 165
IB*"! 166
135
130
:30

Kings O'nty (Bkn.)
Knickerbocker

Long

Isl'd (B'klyn)

Mauufac. & Build
Mech. & Traders'
Mechanics' (Bklyn)
Mercantile
Merchants'

67
16

Phenlz
Bepubllo
Bt. Nicholas*

70
117
145
136
370

Qnotatlons by Gbo. H. Pbbhtibs

OAB COMPANIES.
Brooklyn Oas-Laght.
OltUens' aas-L.(BUyn)
.

.

Bonds

Par.

35
20
1,000

Consolidated Qas
100
Jersey City <fc Hoboken.
20
Metropolitan— Bonds ... 1,000
Mutual (N.Y.)
100

Bonds
Kaasan (Bklyn.)

XOOO

Scrip
People's (Bklyn.)

Var'e
10
1,000
Var's

a

Bonds
Bonds

WUUamabnrg

26

60

Bonds
1,000
MetropoUtan (Bklyn.)..
100
Municipal— Bonds
1,000
Vnlton Municipal

Bonus

Xaaltable
Bonds.-

100
100
1.000

*

Co., Brokers,

700 000 F.&A.
3,600, 000 Quar.
1,500 000 If. AN.
1.000,,000, Var's
700,,OOOM.<JtN.
1,000,.0001 (Inar.

400,.OOOlM.AN.
IDO,,000 A. « O
1,000,,000 Qnar.
1,000,,000 A.&O.
1,000
1,000,
750,,000
3.000,,000
300,,000
2,000,,000
1.000,,000

M.*N,

Street]

Ask.

Bid.

6~ Nov. 3

105
60
100
82 Hi
IVi Ju'el5.'
160
2i«;May 1/
114
1902
3
102
li,Jnlyl0,
103
1902
3
2
Oct. 1, 86 100
2'3lMay 1, 86:100
IHiSep. 15, •86l 60

Julyl

3
5

'

May

3>9

'

3

1900

3
8

'July, 1

3 "a

I

1900

6
6

1888
Oct. 16,'

3
2

I,' 86llO',i

:Oct. 1. 86
,Oct.20,' 86

3

Hi'

Apr.

1,'

1899

100
126
110
76
105
138
106
116
110

87 <9
{101

,

99
108

107
63
104

83
117
104
105
108
102
62
104

127
114
78
110
140
109
120
113

Calilomia So.— 6e...
Cons. Vermont, 5s
Chic. Burl. A No. -6s
Chic. K. C. A We8l'n-8s.

Br'dway * 7th Av.—St'k.
1st mort
2d mort
B'way Surface bds.guar.
Bonds guar
Brooklyn City— Stock
1st mort
Bklyn. Crosstown— Stock
1st mort. bonds
Bushw'kAv. (Bkln)— Sfk
Central Crosstown— Stk.
Istmort
Oent.Pk.N.* B.Riv.-Stk
Oonsol. mort. bonds
Cnuist'phriKlOth St^Stk
Bonds
I>ryDk.£.B.* Bat'y—stk

100
1,000
1,000
1,000
1,000
10
1,000

100
1,000

100
100
1,000

100
1,000

100

900,0001 /. <t J.
700,000; J.& J.
2,100,000 Q.-J.
1,500,000 J. *D.
500,000' J. & J.
1,600,000 J.* J.
1,000,000 J. 4 J.
2,000,000 IJ.- P.

1906

Nov.l, '86
Jan., i»u
Apr., 1886
Jan., 1888
J.
400,000 J.
Nov.l, '86
600,000; Q.—V.
600,000! Q.-J. I'l'Oct. 1, '88
250,000 M.&N. 6 N0V..I922
1,800,0001 Ci.-J. l>»:Oct. 1,'86
Dec, 1902
1,200,0001 J. AD. 7
650.0001 Q.— F. IHi Nov.l, '86

J.* I.
200,0001 A.&O,
800,000

A

100,000 A. AG.
1,000
100 1,200.000 tl-— F.
lBtmort.,con80l
600&C.
900.000 J. A D.
Scrip
100 1,200,000 F.A A.
Eighth A v.— Stock
100 1,000,000 Q.^r.
A.
Scrip
100 1,000,000
4Sd A Gr'nd St.F'ry-Stk
748,000 (J.- P.
100
1st mort
238,000 A. AO.
1,000
42d St. Manh.A St.N.Ave
100 2,S{K),000

FA

Istmoit
1,000 1,200,000 m".a"8.
8d mort., income
1,000 1,600,000 J. A J.
260,0001 li.-P.
Hon»t.W.St.AP.F'y-8tk
100
latmort
600,000 J. A J.
600
Minth Ave
100
800,000 Oct.
Second A v.— Stock
100 1,862,000 J. A J.
Istmort
400,0001 M.AN.
1,000
Oonsol
Sixth Av.—stock

July, 1886 23
July, 1900 114
Jan., 1886 210
June.1901 103
1914
103
1924

1,000 1,060,000

M.AN.

100 1,6&0,000| F. A A.
Istmon,
500,000 J. A J.
1,000
»hlrd Av.—Stock
100 2,000,000i Q.— F.
Bonds
1,000 2,000.000, J. A J.
Twenty -third St.—Stock.
600,000 Q.— F.
100
In mort
260,000 M.AN,
1,000

190
106
165

105
145
165
118

120
133
Oct.. 1898 110
Nov.l, '86
June, '03 113
Feb.. 1914 106
Oct. 1,'86 200
Feb., 1914 107
Nov.l, '86 216
AprU. '03 113
36
19V6" 109
1916
60
Feb.. 1886 120
1894
113
110
July, 18
leio
106
May, '88 103
Nov.l, '88 205
July, '90 110
Feb.,
Jan.,

May,
May,

117

36
112
65
130
116
120
190
107 Hi

215
115
'86
260
'90 109' 112
'86 250
266
'98 112
114

This oolnmo shows last dividend on

ttockSt

but date of maturity of

bondft.

2d, 8s, 1904
Cons., 8 p. c

87 S
.
-

120

Catawlssa— Ist, 7s, con. c.

.

102»4 103
lOOHi 101

New 78. reg. A coup...

Col.

127

AC. M.— I8t,6s.l914 10^1*

Cons. 68, C.A R., 1923..
N. O. Pac.— 1st. 8b, 1920No. Penn.— 2d, '7s, cp.'96.
7313
Scrip
Gen., 7b, 1903
70
riebentnre, 10s
Debenture 8s, reg
124H>
N.Mex.A So.Pac.- 7s
Norfolk A West.—<ien.,6B
N. Y. A N. England— 7s.. 127 Hj i28Hl
N. B. Div.,l8t, 68.1932
IHHl N. Y. Phil. A Nor.— 1st, Ss
117
6b

,i37V
".". 128"

46Hi
49»4

Scrip

7s

Income

46
50
14
71
72

110>s

2rt8, 68,

107
102

Ogdensb.A L.Ch.—68
Consolidated 6s

—

43

70

.....

48

90
49

91'4
133

2634
;-„-.;-•

Connecticut River
Conn. A Passumpslc
Det. Lansing A No., pref.
Eastern
..—
Fltchbnrg
Flint A Pere Marquette.
Preferred
^.-.v"

190
101
.....

Jog
127 Hi
28
**

A Sioux City.
Kan. C. Clin. A Springf d
Kan. City Ft. 8. A Gulf ..

.....

Preferred
Kan. C. sprlngf.

....

Iowa Falls

76
136

A Mem.

Rock A Ft. Smith. J 47
il28
Maine Central
Marq. Hought'n A Onton. 38
Little

91
10 7(,

Preferred.

Mexican central
N. Y. A New England

60C

...

140

Preferred

Northern

Norwich A Worcester...
17
Ogdensb. A L. Champlaln
178
Old Colony
saoo A Portsm
Portland

A

Ports. Ot. Falls

Con'y.

33 >i

10^
22
--

Preferred

Worcester Naah'aA Koch

PHll.ADltL,PHlA.
RAILROAD STOCKS,
Buff. N.Y.

J

7Hi

Rutland

133 Hi

11

Little Schuylkill

Sunbury

131H>133
128
129
114
122

114
J 127

116

128
138

A Erie— l8t,

7s-

.

Cons. 6s, gold, 1908.
102
129
Gen., 48, sold, 1923.
109
38 Hi Warren A F.— Ist, 7s '96
iio'
95
West Chester—Cons. 7i
11>4 W. J ersev— Ist, 6s, cp.,'96
i'ii'
lst,78,'1899
Cons. 6s, 1909
W.JerBeyAAtl.— l8t,68,C. ia6Hi
107
Western Penn.—8s, coup. 110
8b, p. B.. 1896
5s. rex., 1923

CANAL BONDS.

A Del.— lst,88,1886 i94
Lehigh Nav.—4 Hs, 1914. 109
Mort. KR., reg., 1897 .. 119
180
llHi
Cons., 78, reg., 1911....
90
22>4 PennBylv.— 6b, op., 1910..
Sohuylk. Nav.— lst,68,rg. 1U3
Ches.

3d, 68. reg.. 1907

11^ Atlanta A Charlotte
...lOOx
60
69

A Ohio

1st pref
2d pref

—

6'4

61 "a

60

64>a
13

BAILROAD BONDS.

—

7914

79

Cin.

Wash.

A

*

•Bx.Olvidend.

t

1221a

22
113

120
101

ill
lOi

108"
76

4II4

Ist Inc., 5s, 1931

W.Md.—6s, 1st, e., J.AJ. I02h
102 Hi
2d, pref., J.AJ
2d, guar, by W.Co.,J.AJ.
J
88, 3d, guar., J.

Wil.

i02'

14

126
103
106
107
I16\l

74

Bait.— lets.

2ds
3ds

Wilm. O.

9
521a

V

106 >i

AO

Belvld'e Del.-lst,6s,1903

75

98

59 Hi 690,
28
29 Hi' ColumblaA Greenv.— Iste
97
2d8
120
No. Central—4 >as. J. A J 108 Hi
Phila. Newtown A N.Y..
I2IH1
68,1900, A.
"is'
la's
Phila. A Rea<llng
121
68, gold. 1900, J.AJ...
Phila. WUm. A Bait
110
6s, Series A
Onlted N. J. Companies.. 2 1'e
110>4
6b, Series B
59 >g
69
West Jersey
Plttsb.ACon'ells.- 7sJAJ
49
West Jersey A Atlantic.
Union RR.— lst,gua.JAJ
CANAL STOCKS.
Canton endorsed
Lehigh Navig.itlon
Virginia A Tenn.— 6s
8>«
125
Schuylkill Nav., pref
8s

Inc. 7s, end., coup., '94
O.K. Side— Certs.
Bait

104

I5IH1 160

60
60

Atlanta A Charl.— Ist
fnc
18
Baltimore A Ohio 4b
5714 Cen. Ohio.—8s, lst,M.A8
Charl. Col. & Aug.— Ist..
60

64

121
113
20

132"

128

Parkersburg Br

Central Ohio— Com
Pref

Western Maryland

Pennsylvania

Allegh. Val.— 7 3-IOb,
78, E. ext., 1910

109 <9

KALTIMORE,

Philadelphia A Erie
Phila. Ger. A Norristown

BAILROAD B0ND8.
'86

V

I

Snnb. Haz. A W.— 1st, 68 106
.-103
2d, 68.1938
28^8 Sunb.ALewist'n 7s.C..'96 lis'
9413 syr.Oen.A Com.— Ist, 7s.
70
Tex. A Pac.— 1st, 6s,1906 i09' 110
100
Oonsol., 6s, 1905....
40
Union A Tltusv.— Ist, 7s,
United N. J.—Cons.6s,'94 lbs 113
66
Cons. 68, gold, 1901.

2d

—

56
I3214

l^jg.,

41 Hi

69 ><
57

A Soh. Haven...
Nesauehonlng Valley
Northern Central
North Pennsylvania
Mlnehlll

llOHi
I

Cons., 78, reg., 1911....
Cons., 7s, coup., 1911..
Con8.,68,g., 1.B.C.1911
Imp., 6b, g., coup., 1897
Gen., 68, g., coup., 1908
Gen., 78, coup., 1908.
Income, 7s, coup., 1896
Oonv. Adj. Scrip, '86-89

Baltimore

32
67 H

Preferred

i..:;.:

lOSij 110

RAILR'D STOCKS.tPar

Delaware A Bound Brook "49
Hi
Bast Pennsylvania
41
Klmlra A Williamsport..
61
Preferred
Huntlngd'n A Broad Top
Lehigh Valley

113

109
62

106
102 103 !«.
100 la
58
80
60
89 ». 701*
Cons. 5sast ser.,0.,1922
46
48
5b, 2d ser.,c., 1933
Cons.
41
Debenture coup., 18931
42I4 46
Conv.,78, B. C.,1893..»
Conv. 7s. cp. off. Jan. ,'85
2714
'Tv
Deferred iucomes, cp...
19
Phil.Wil.ABalt.—4e,tr.ct 101 103
123
Pitts. Cin. A8t.L.—7s....
35
Pitts. Titus. A B.—7B,cp.
ShamokinV. A PottB.— 7s 123

136

t

A Phl).,a88.pd.

Preferred
Oamden A Atlantic
Preferred
Catawlssa— Ist preferred
3d preferred

1

133Hi

Cons., 88, 1920....

Phil.

311 213
Boston A Maine
200
Boston A Providence
Boston Con. A M.. pref.. 104
Boston Revere B. A Lynn 141
2OH1 31
CaUtomla Southern
1013 10 >(
Central of Massachusetts
8614 37
Preferred
106
Cheshire, preterred
99't 100
Chic. A Easfn Illinois...
88 <4
1:7
Chie. Burl. A Sorth'n....
68H1
68
Chic. A West Michigan..
22><
Sandusky A Oleve. 22
Cinn7
6
Cleveland A Canton
Cln

110
126 >a 126'*
140^4 145

131
--7,1906
99'4 100
Phil.AErle— l8t,7s,cp.'88 107 107'«

A R.— 1 Bt. 6a, 191
2d, 78, coup. A reg., 1893

196

Concord

101

110

Perkiomen— 1 St, 68,cp. '87
Cons.. 5s, 1920
PhUa. Newt. A N.Y.— iBt

1

A

Pennsylv.—Gen., 6s, reg
Gen.,6B, cp., 1910

121

107

1

101>a 102
ser.

STOCKS
Atchison A Topeka
Boston A Albany
Boston A Lowell.

Col. Spiingf.

Inc., 68, 1933
Oil Creek- Ist, 88, coup.

125
Cons., 6s, reg., 1905...
108 Hi
Cons., 68, coup., 1905..
96H 97
Cons.. 58, reg., 1919...
lOO"* 10014 Pa. AN. Y. 0.-78,1896.

•

58

3d, 6b, 1887
*

A Atl.— lst,7s,g.,'93

123
130
105
116

Summit Branch
30
120
230
106
104
100
100
196
110
166
113
165
165
125
120
125
137
116
160
116
107
210
110
230

1P8M

2d, 78, 1908

^'^ Hi ;-„-...
Incomes
Conuect'g 6s,cp.,lU00-O4
Kaat'rn, Ma88.-8s.new.. 128i« 128's Del. A Bound Br.— Ist 7»
Frem.Elk H.AM0.V.-6S.. 121
East Peuu.— Ist, 78, 188K
119
EaatonAAmb'y-68, 1920
B. C- Fort Scott A G.— 7s
K.Clty Lawr.ASo.— 68.. \12H
El.AWm8p't-l8t,6s, 1910
6a, perpetual
K. Cltr St. Jo. A O. B.— 7s i l'J7 «
K.CltySp'dA Mem.— 68| .... 11014 HarriBb'g— l8t.6s,1883.102
K.O. Clint. A SpringJ.-Ss }
H. AB.T.— l8t, 78, g., 1890
II6H1 II6H1
Little R. A Ft. 8.— 7b
Cons. 58, 1895
lOd
Mar. H. A Out 1908, 6s
IthacaAAth.— iHt, gld.,78
98 100
1925,68
Leh.V.— lst,68,C.AR.,'98
46Vi 46Hi
Mexican Central—4s
2d, 78, reg., 1910

Wisconsin Central
Bl'oker St.* Fnlt.P.— Stk
100
l«t mort
1,000

107
108
115
110

I90S

N.Y.A PhU.— l*t,6B

Cam.

grant. 7« ...

Preferred

[QnotatlonB by H. L. Qb^nt, Broker, 145 Broadway.)

Ist, 68,

Cons. 6s. 1921
Ist.Tr. 68, 1923
108>4' Bnff.Pttt*.A W.—Gen.,6«
132
Cam. A Ambqy—68, o.,'89
Mort., 88, 1889

91

48

Preferred

WaU

Bate.

Amount. P- riod
2,000, 000 Vai 8
1.200,,000 Var
260,,000 A.<fcO
35,430, 000
756, 000 Quar.

49

Ask

Con., 68.1918

Southern Kansas—68
Incomes
Sonora— 78
WiscoDBin Cent.— 1st
3d series

OoM and City Railroad Stock* and Bond*.

COM

124 >i 126

Incomes
Pueblo A Ark. Val.— 7b
Bntland— 1st 6s

175
105
160
107
160
130
105
96

Bid.

Bell's

Bnr.AMo-ln.Veb— Bx't,6«
iVo'
6suon-exempt

Laud

8EOUBITIB8.
Gap- 1st, 7s, 1893.

Ask.

Buff.

96
160
106

,

,

Seventh Ward
Second
Shoe A Leather
State of New York'
Third
Tradesmen's
United States

Land grant, 7s
Guaranteed, 7*
Plain, 6s
Mortgage, 6s
Mortgage, 419*
Trust, 68

102
160
96
161

-

Peoi>le's*

Bid.

B08T0N.
Atch. A Topeka-lst, 7s.

American
60
Amer. Bxobaase ... 100

l!lli><

SBOVBITIBS.

6>i Pine St.]

OOMPANIXB.

Bid.

not NatlonaL

AmeriM*

Broadway

by K.

PBIOB.

OOMPANIKB.
(•) ue

Marked thoB

mar.

[Price*

[Vol. ZUII.

A
A Aug.—as

A Weiaon—68

78

Per share, tin default. JLastpricethlsweek.

102 >a
iio"

111

419«

SO
112>C

98
110
123
111

127

OcroBKK

90,

THE CHKONICLE.

18MIJ

RAILROAD EARNINGS.

Latest

B0AD8.

The Utett nilrowl earnings and the totals from Jan. 1 to
teteat date are giT«n below. The staement includes the gross
framf''g« of all railroads from which returns can be obtained.
Tbeoolamns under the beauding "January 1 to latest date" furBiih the fi:ro88 earnings from January 1 to, and including,
the period mentioned in the second oolamo,

Van.
BoAua.

WmkorXo

1885.

188«.

1 to Lmlett Date.

1886.

1885.

«

9

1,311,951 1,2-^.909 9,586.429 9,6.%2,951
AtBh.T.A8.F. AngTut
979.203
974.271
122.63e 112,071
Bait. A PoMMnae Sepiamber
B««.ALowt>U August
473.330 423,106
40.500
52.300 2.003.080 1.919.508
auMJI.liM Pbn. 3'l wk Oct
28.914
968.289
28.119
985.476
BaCBoeb-APttt 3d wk Oct.
77380 2,171.869 2317,813
scOedJLAKo. 2d wk Oct.
T7368
514.716
18300
11,804
OMio V. * Chlo 3d wk Oer.
531.428
IS. 1 35
OO. Boothem. 2a wk Oct.
440.956
128.70O
412,835
ipaadea A AU Aagiut ..
CSttaaPMlOr 3d Wk Oct 234.00U 209,000 7,736.823 6.501.379
12'<.0'20
17.152
139.665
20,248
C»f*r*Tad.V>l Ausivt ...
. .

;2d wk Oct.
.
Ohlo.'Aoguitt....

Owtna

Iowa.

Cfcnsiii

Ik

9H0.16y
2,14.^.820

39.78<t

A AUutlc 3<l wk Oet.
CUawBail.*Q Anguat ... a,74~ * BMt. m. 3d wk Ort. 4>
58<.
LlfU.A8t.P. 3JwkOet
* Hocthw. 3d wk Oet. 63"
OUe. A O. tOv .,3 wkaSrpc
0hjBU>.lfla.*O. 3d wk Oet.
38.14a
OMa. A W. meh. 3d wkOM.
19,848
ClB. A Enrtrm {8ept«abar
.

909.i'61

399.196 2,638.293
580349
63.932
136,721 1,0-J5,086
192,527 6,345,055

35,827
410.966
91.028
147,399
206.337
4n'"i"

BlsXez.AB.&iAu8iut ...
.O. AB. W. Anxnot....
> A Alton 3d wk Oct.

1.390.648 1.2i>7.(>t>«
1.041.876 18397,879

OlB.Waah.ABaU 3d wk

91342

7367

.OsLO^kladJuV
AOa. MM.jSdwkOet.
Baak.V.AT.'8rp amtwr

35.905
20,447
157.658
80,000

Omt. a KIo ur 'Sd wk Oct.
Dmt. a R. U. W. Hrptrmlwr
Das. Mo. A n.D. 3<l wk Ort.
;

9A43
93390
96378

wk

Oct.
wk Oct.
ETaa*.AlDd*plU 3d wk Oct.
T. U. 3d wk Cat.
Braaar.
fVakAP. ifara. 3d wk Oe*.

naJtr-AHav.Co 2 wkaOat.

I73SO
433S0
S6J97

8c|rtaalwr

41,000

Oaontla Parlor. ,2 wka Srpt
Or. Bap. A I od naptoBbcr.
OnndTnuk IWE Oct. 1«
OaUOaL AS. Fa. Hrptaal
Boaa.ATez.Oaal 2irwk OoL

80306
191307

i.'iijr

.

.

586.284
1,526.445

94394
89377

998,936

913390

416,034

190317 1380,907
883364 18.194300

11,693.701

911.163

BU)t.inLABn)i3J wK Oct.
Oidar r.AlltB. 3d wk Oct
DabiAMou C. 3d wk Oct
la. VaOi A B.C 8d wk Oet.

989,100
4.100

997,899> 8.843,008

wk Oct
tml WliwA W. 3d wk Oat

SaSbTOO

1399.014
111. 70S 3,104384

8348

36300
16300

130338

93.748

l,40.5,l:)13

1.100,81)0

1.743,573
8.403,2XH
102.781

70H.048
488.377

753.905

10390

laolodlng rinee April, In 1880, the VUca
And brancbee.

;

487315

Aaaraaa

ItawTork
Manhattan 00

10.»M,000

niianilflal .......

Marebaata' Kicta.

sUonaL

Batebara' A UroT..
MeobaBlea' A Tr..

1.879.534

90,799

800,937

363,514

Amacte*a Bxeb'ga.

1.805,747

1,905377

1,100306

1.159,013

SlaU

of

It.

BraadwsT

T

....

138.753

t.Jtk.M.B. Alas AoCDSt.

51,937
97,822

89,711

LaMUtairi

56324

UBk.A rtaBMM Aacost.

LsdaA Ifo.

14 wk Oct

BIT Joly

I.aalsJ(T.Aatl..
i:««iaT.A Vaahr.

821389
185.369
20343
56309 9340,158 9300.010
80U.tM2
43301
800,734
567.017
18398
998,977

51.0O5
31,716

M wk Oct
M wk Oet

nSMO 11,019.019 10,9ft3.0><j
89.977
90,027

Lo«i.It.Al.AChla.f

LaalaTJl.O.AT.
1..

150,678
870.084
214.890

1,476.631

91390

iACMaladwkOtt
lOaBtrLtMwkOct

27316
839304
83344 1307387
94399 9307.973
11*314 1309300
90399
100.003

40,715

79390

lltiiis(ii|itf>w

IIM.AOU0 ^.^
ltILLJBh.A Wa«.Bdrwk Oat.
MOwBOkaa A Ho^Sd wk Oat.
Mlaa'ap. AStU Aagost ..
lllaB.AJIOkWaat 3d wk Oet
_> A Ohio. Haptambcr

90,999
90.015
14.721
126,882
8.400

11.493

183370
5,399
190.088

154344
223311

uOh.AatIi.Baptaaibet

771,2«<3

1.087.145

a9U53 979383 1345382

Aasoat

kCadwkOat

l,.'K)-l.»S3

1,831,127

691,170
958.519
9,8<'6,866

1,138.134
130,869
1300.437 1,070.141
444.U4U
499.290
933.0461 1,104 42

893.442

1.397388

1386,333

192305 1,7433961 1367,866

P.T.CAH.B...iUjBlailicr 8,068348 3387398 133,639,759 17,619,273
362.685
T. cttr A Be trf. oataa
0397
4473011
11330,
••.TXJHaAW.lAacart
1.099,190 1,487346 11,779,097 9330.682
977317 441,888 8393.666 3.114.1«5
B. T. Pa. A O. Augnat..
B.T. A New Knc. Anjoiat
3<1 wk Oct
»B.T. Oat

837348 3317,192, 2.137,130
303O4 1,072,990 1.012. 74!<
803.519
106394
799.2931
194399 3398339 2459,465

879,544
37,148

Aw

103317

l,T,9Ma,tWaat|

341,038

473345
814393

504,794

4309333

8,965,618

819383 9,709353 8339,775

S,144330| 8313,429
324,946
860344
1358.172 13-4,605
138.413 146.231 4.187,246 3,741,633
151390 186,138 1,293,277 1.138.916
4374.052 4.276.62H 36.866.283 33.237,n32
93,092
99,074
379.603

91,770
98.101

817345

*

a

Mazlcao orranar.
la tha Joly

Loola

aad Aonoak

A GMra, aow eyaratad

!

And brancliea.

flcnrsa, for

porpiMea of eompartaoD, Br.
la tsolodad la both

w•

l.MS.OOO

Com Kxchanga ...
OaaUaeatal
Ottaatal

bnartara'A Tisd.

3,463,000
•.9Si.eoo
4.81b. loo
i.»e».ooo
l».8oe,60C
17,7384100

13^9.000

(foctt ittrar

Beat JUvar.

PearajyMMaal..

1,1»1,I00
17.371.300

Ifalliiiial..

8380.000

National..

3,ISA,0U0
3,317.000
18.066,600
4,770.60V
l,a»7,300
t.3»4.400
I.S80.100

Rtath National...
PIrat Rational....

TUid

183.400
868,800
183,000
838.600
369.800
146.800
319.000
496.000
167 JOO
139,900
388,000
101,300
63.300
170.000
301.000
608.600

8.0S9.300

Laatbar ..

Uaalm
SMoad

1.033300
1J60.800

>,iiS7.8oe

....

Ifloholaa

A

l>04.80O

l.» 13.000

i.ive,ftoo

3.406.800

3.481300

Marfcat

National

...

H.T.Nat. Bzch..

Bawaiy

R. T.Oeaaty

Q aimaa-Amarlc'tt.
Obaaa National...

Finh ATanoa
Oanaan Kzeb'nga.
United autaa.....
tJncolB
aarflald
rtftb Hatfanal....

rkattbalCatnp.
•Iztti Ratloaal..

840.600

694.400

1.679300
869.700
364,100
413,300
3.814.300

670300
681,600
334,800
694.100
370.800
848,000
716.800
778.600

173300

3«>0.700

4.H77.700
6,104,800
148.000
167.900

909.600

8301.100

e7<l,400

138.000
88.300
706.400

1.880.000

•4:4.000

881.000

376.000
343,800
8<8,H00

1.168300
6.064.700
1,193.800
167.900
811.100

t«6 800

13(>.800

133,100
37W,900
377,IIOO

8.S1S300
8.343300

896300

88300

3.341.400
3.248.600
3,416.700
4,170.700
3.401.900
1,680.900
1.369.600
8.348.800
I.S06.000
1.SO6.0OO
1.780.600

791.803
380.000
196,900
933.700
631.800
370,800
ais.400
733.400
8tn.000
8611,000

180.900
71.800
360.000
483.600
33,100
179.700
97,300
116.600
316.600
814.000
79.300

408,700

48.0110

841.^

17.

S.

9.467,000
8,941,000
6,8»8.000

Mm.

46,000
48,0ioi

6364.000
8,708,100
8,838,000
9,828,000
1. 140.600

386,009

M'boi

l.ifil.300

31.837,300
3.839.800
6.«O«.80O
1,796.600
1,710.000
1,369.800
3.770.700
1,134.600
8.876,600
13.379.000
IS. 807.100
4.883,300

7.097300

iot'ioJ

614300
303,160

i

136,1
44,'

»a8,i

45.(W9

3,734.000
7,lli).100

4.816.300
3.454.400
8.786.300

392*809
46,0C0

10.449300
3.977.000
3.866.300
3,118.900
3.7 II. 900

1.807,600
8.830,000
6.108.700
6.664.400
3,026.100
33.017.400
33.134.000
3.148.000
838.900
18.2fe.600
8,893.000
S,78l>,000

6.684,000
19,336,300
4,867,000
l,lb6,400
3.333,000
3.748.100
8.319.100
4.183.800
3.378.600
3.774.800
3.H74.3O0
1,079.400
3.076,000
1,734.600
1.4X8.600
8.879.000
3.046.000
1.888.000
3.010,600

841.667,000 76.779.400 16 848 600 348.638,700

Tout

Oratia-

46,000

46.C0
46,0
184,000
'44,809
180,000

8,749,000

The following are totals for sereral weeks past:
1886.

brtha Mobile A Ohio,

to make
iwiataw Mr laat rear hare bean a4)asted
haiBi of aomparlaoa Via waa aa tbla year.
tBottealaAlacsanu'Wiof Naw York PaooarlTaala A OUo.
t riQiifaa rf

Baaorar....

imag
St

3,118.000

l,3M.H0O

i.88»,:oo
S.34S.300
S.OuO.'OO
3.130.000

Cltlaana'

Sboa

3.311300

8M.S0O

s.Ms.aoo
131X.SOO

4,437300

Paonia

If aaaan .

1S3D8.000
1834».830
4347.400

. 838.000
3,447.800
. 784.700
8,47(1.800

t.asi.4oo
7.01«.»00

943,3.54

17381

806400

i,aes3ou
1,498300

,1.313.100
I7.7»7.800
t.OSi.SOO

e.S3l.tM)0

Maraaataa....
PaalBa .... ...

BapnbUa

81375 1334388

I.1M.400

».71S,tfJ0
a.sfi.ftoo

Tradaamaa'a...
Pnlton..Vr
If

349,700
130,000
141,700
826.300
39V .600

3.78ft.O0O

Olty ...._

OallatlB

1.930.000
I.O-iO/WO
1.488.600

440.000
189.000
867.700
360.000
307.300
88.000
381.000
147,100
92,300
343,600
166.000
441JI00
83.800
194.000
183.000
06,000
48.700
1«3,300
843,000

8,7SS.OOO
6.440.100
.8.181,000
lo.vai.ioo
S.OST.OOO

Matobaata'

Ikaa

•

•

1,299,206

97398
18300

AmcwtU a/—
atDtrattU
rual

TmSn.

9,702.4<J5

174.150

A Blaok River Road.

City Banks.—The following statement show^ tto
Banka of New York City for tb«
week ending October 88. 1880:

Oraeawlob
L«aUiar Manarta,
SaTaalh Wti

99.707

Lafel«hAHaA

9

New York

8.090349

~ .CtawAM.
.aoTAiMk
tB. AWMt.

1885.

oondition of the AsBOcrfated

90,O41
80,074

Jaek.TaBJULW
.OLrts.Aeaii

9

d Earnings aHaeted by obange Ingaogein progrra*.

81U199 9399387

93302
•9397

A Spr.

1 to Lateet Dais.

1886.

.

1380,1188

fbtol aU ttaaa. |3d

Jan.

1885.

15,842
Peoria Deo.ABr. 3d wk Oct.
13,288
642.869
583.577
PhUa.ABile.... September 357,034 338,775 2,697,762 2,361.622
PhUa.ABeadlnf! September, 2,929,616 2,800.388 21,921,871 21,093,194
Do C. A Iron 8eptemt>er 1,648,815 1,754.214 10,878,475 11,172,254
Pitts.Cln.ASt.L. July
396,523 298.117 2,478,349 2,213.550
Bielun'd AOanr. 8eptemt>er
366,337 373,033 2,873,312 2.823.849
Va.IIldl'd Dir September
168,240 167,304 1,134,529 1,141,190
5S.567
80,150
536,194
8o. Car. Dlr.. September
561,41»
40,720
413,115
OoLAOr.Dhr.. September
63,400
454.161
WaatNo.C.I>iT September
56.641
45366
38 ',424
345,246
1308,476 165.144 1,613.709 1,064,753
W.AOpl.. Angiut
Rome
32,790
33,725
929,795
868.22A
BtJo.AGd.Ial 3d wkOct
998,971
29,086
29.589
995,058
8tIi.AltOoAT.H. SdwkOet
3d wk Oct
18.534
587,473
580,280
20,060
120,944 107,687 8.736,007 3,377,059
8tL.A8aD.Fran. 3d wk Got
44,586
StPaalADolatb 3d wk Oct.
41,000 1,189,460 1,040, 139>
StP.Kln.AMan. September 833,397 747,578 4,953,194 4,969,893
Scioto Valley... Auguat
68,608
47,486
424,?««
Bbenandoah Val jAoguat
80,367
69,820
448,111
435,813
BoatbUaroUna.. Anonst....
76,535
73,693
672,320
667,822
Bo.Pae.Oomp'rGaLHar.AS.A 'Angoat
231,856 265.660 1,701,771 1,880,483
Q,W.Tex.4P Anmut
3,579
10,655
30,179
54,723
Uxila'a We«t. August....
47,439
411,990
377,813
Mornn'a l,AT Angost
309.5O4 323,966 2,538,899, 2,417,379
N.TVT.AMei. Aognat
14,479
20,000|
92,820
76,644
Tex. A N. uri. Angnot
98,490
625.027
631.273
686.785 766,311' 9,390.658 5,441,899
Ibt AtSysteui Aogoat
Tot. Pao. Bys.. Auguat
2,120.826 1,900.362 14,892316 13.788,777
Total of all... Auguat
2,807,811 2,666,572 20,283,174 19,230,674
91313
States lal'd S.Tr< Srptember
74,160
647,917
528,367
rexaa A Padllo Septamber
571,800 465.000 3,056,251 3,568,598
d rex. A 8t L. 3d wk Oct
33.333
36,865 1,289,446
896.759
roLA.A.AN. M. ^September
33,156
29,334
17,liS0
ToL A Ohio Cent 3d wkOct
14,674
623,743
Onion Paolrc... Aoguat
2.587,731 2330,621 16357,112 19,774,488
TaUeyof Ublo.. Brpiember
53,967
46.944
Wa0.8tL. A P. 3dwkOot 289,809 267,568 10,IB6ii'78 9,321.889
tWeat Jeiaey... Auguat ... 217318 212,639
943,415
802.939
28,709
wtaeooaia Oaot'l 3dwkOot
28,043 1,188.0X5 1,151,210
Mtai. BtO.A W. 3dwkOot
5,596
3,455
214.883
132,867
9,333
Wl*. A Mlnn^. 3d WkOct
3,279
226,185
118,649

342.9.50

95.099

310393
95388

TM. lawaUaa* 3d wk Oct.

Reported.

1886.

9

i

17,032
611,748
41.04S 1.734.082

373,797

. . .

laa. Daa.

318,108
380,218

5,793

A

VkW.AOrD

800, 1»5
491,7ti3

83.629 1382.197 1345.974
9,775
429.487
403.27.5
34.892
363.447
215.1K7
387,984 3,107,35n l,930,iK>2
353,600
4,749
156.515
381 3W0 1.701.934 l,7a7.2«8
24.234
150.935
143.782
21327
141,923
141.435 5.189,231 4,839,S34
99.045
736,707
715.496
10316
266,621
397318
39.019
963343
967,156
94,445 8,241338 3,163,005

332391

A Nor.lAuKiut
t.borr IroDl'n'ADnst
Dajrt'oA

1,904.677
2,013,3H.')

0379

43.119
11.635
33,807
S48.131
6,730

0laT.AkraaAODl|3d wk
A Caatoa. ScptMBber

I)a>laiia'»A No. 3d
K.Taaa.Va.A(««.;3<l

51.608 3,160,961
23.853
880,961
18,202
448.631
0,234
363.771
11,040
837,485

4,496,228
1,024,438

15304

63.C29
27.133
14.966
10.715
14.406

Oet.
Oet.

Eamingt

Week or Mo

j

1.724.105
27,«M4 1,117,372
14.704
68.424
50.620 3,077,688

71,678
50,344

Ala. Qt. Soatk. 2d wk Oet.
S. Orl. A I*. K. 2d wk Oct.
VIakib.Alfer JdwkOet.
ViBfea. Bk. A P. 2d wk Oct
Oa. B«L A Nob. ADCiut ...

i>70,024

6,36J,188

.•,651,668 19,095,052

.

eta. Ham. A D. Isd wk Cat.
taa.I>djM.L.*C..3d wk Del.
Oa. J. A Mack.. atpttmbtK
On. W. O. M T.K .'<rwk Oo*.

436.990

i;.602,275 16,410.100

.

513

Laona.

Bhc**.

f,.T>il4<n.

OvoatU.

OmuiaMoa 4w.CI«ar'fa

8

S

843.766.900 76,898.800 18.843.40O S49.824.S00 8,113,800 836,736368
• 18 84831 IJKM 78.379.400 17.038.60U 360,86^300 8,218.600 774,137,064

Get 9

»41.66»,0O0 76,779.400 1(1.848,600 348.883,700

The Boston and Philadelphia banks

8.349.000 784.*88,0f6

will be

foand on

p.

008 •

THE CHKONICLE.

514

$2,H8,335

IfSI-RS
$i,344,3n0

18?5-96

.luwjestmjeut

Net eainin(?9

The iNVESTOhs'St'PPLEMKNT contains a complete exhibit

7el,000

$i.410,3»5
6d3,420

S2,'.69,S06
66J,flOO

$141,039

$l.74tf,925

$l,n<i6,40e

$140,519

I,5l7,e04

1,547,804

$58,6J2

Surplus, Sept. 30, 1885

$199,121
I,0f9,227

Surplus, Sept. 30, 1E88

$1,258,343

»

Balance
Interetit cliarges

of

Funded Debt of States and Cities and of the Stocks and
Bonds of Jiailroads and oilur Companies. It is pn bltshed
on the last Saturday of every other month—viz., February,
April, June, August, October and December, and ts fur-

the

nished without extra charge to all regular subscribers of the
Ceronicle. Extra copies are sold to subscribers of the
Chronicle at 50 cents each, and to others at tl per copy.

jticrtase.

$14t,039
3,000

7.'\000

Rentals

/NO

%ntclliQtncz.

aiailtjffafl

[Vou XLIIl.

Balance
Dividend, 8 per cent
Surplus for roar

Califitruia

,

Pacific—Notice

is

S20

$140,519

published that the $3,250,000

mortgage 7 per cent bonds of ihe above company mature
The company baa
January 1, 1887, payable in New York.
resolved to extend the same at the rate of 4}>^ pt-r cent per
annum for the term of twenty-five years, viz till January 1,
1912.
Holders who wish to avail themselves of the privilege
Ohio & Mississippi Railway.
of extension are requested to present their bonds as soon as
{For the year ending June 80, 1886.)
possible at the office of Speyer & Co., where their bonds will
The annual report says: "For the first six months of the be stamped and the new coupon sheets affixed,
year the rates on through business ^rere ruinously low. The
third
Chesapealie & Ohio.— The following circular has been
•foes of the wheat crop on the line of your road for the
successive year fcriously affected our earnings from local issued, under date of Oct. 26, to the holders of the "B'
sources. The business of the spring opened well, and gave bonds: "At the meeting of the directors of the Chesapeake &
promise of revenues as large, it not larger, than any corn s- Ohio Railway Company, held this day, after examination of
history of the company; but the serious the accounts of operations for the past six months, the results
in
Sending pericd in the Southwest, centering at St. Louis and of which fere shown by the statement annexed hereto, it was
the
(bOT troubles
involving the roads at East St. Louis, blasted all thtse pros- determined that the result of such operations for that period
pects. From the 5th of March to the 5th of May the troubles would, under the circumstances, justify the payment in cash
continued, a portion of the time causing an absolute suspension of one-half part of the coupon maturing Nov. 1, 1886, on the
B' bonds of that company, and that deferred interest certifiof business to and through St. Louis, and during all this time
practically cutting us off from the great section west and cates in the usual form should be issued for the remaining
southwest that covers so large a portion of our through traflSc. one-half of the coupon maturing on that day."
EARNINGS OVEE EXPENSES, MAY 1 TO NOV. 1, 1886.
Oulside of the system dirt ctly involved in this strike your line
$137,329
May, 1886
$67,233 AuKUSt, 168ii
Srobably suffered more than any other. I estimate the loss Jine, 1886
71,774 Septenibcr, i8'-6 (est'd).. 140,000
irectly and from the increased expenses at least $150,000." July, 1S86
130,000
13b,071 October, 1880 (esl'd)
* * * "The prospect for the coming year for business
$081,408
Total
for several years past." * * *
locally is better than
From this is payable lor
"
coniract of great importance to the company has been
first

ANNUAL REPORTS.

:

'

I

|

A

$46,000

Taje8(.8tiniated)

$7S,480
executed with the Kjentucky & Indiana Bridge Company for
Equipment trust bonds
29.430
Equipment trust bonds, Interest
the use of their bridge across the Ohio River, located at Sand
$104,910
Island, at the foot of the falls of the Ohio Eiver, two miles
57,344
MisoPllaneous expenses
below the present bridge used by this company. By the pro67,748
Construction aociunt
189,63i;—
465,631
Interest on funded debt
Tislons of this contract the business of the company with
Louisville and south will be dore over the bridge at greatly
$215,777
I.eavin2 applicable for Interest on "B" bonds
reduced rates from those charged by the Pennsylvania Com225,000
Oue-half of •'B" coupon would be
pany, owners of the "old bridge;" the company will be reThe above indicates that Iiolders of Chesapeake & Ohio
I
ieved of heavy onerous terminal charges at Jeffersonville and
"B" bonds will receive 1)4 per cent cash, or $15, on their
Louisville; will run its own freight and passenger trains
coupons due Nov. 1. Notice is also published that on those
provided with ground ample
be
into Louisville; will
bonds already presented by holders and stamped as extended
for yard room and such buildings as are necessary, on the
4 per cent, the coupon of 3 per cent will be
Seven miles of road will be for 100 years at
Bouth side of the river.
paid.
required to he built (the right of way being provided free to
The holders of currency bonds of 1918 are also notified that
the company) from the station of Watson, on the Iiouisville
the Newport News & Mississippi Valley Company is now
branch, to the city of New Albany, Indiana, the contract
prepared to issue its certificates of stock in exchange for their
giving us such terminals in New Albany as are necessary for
bonds as provided in the circular letter of Mr. C. P. Huntingworking our business across the bridge." * * *
dated July 24, 1886.
..___«__«
"There thculd be purchased at aa early a day as possible ton,
four parlor cars, fifteen coaches, 500 coal cars, 200 large stock
Central Railroad of New Jersey. A circular has been
cars, and 300 flat or gondola cars. The business of the com- ifsued to the stockholders and bondholders of this company
Eany absolutely demands this addition to its equipment, and relating the circumstances which led to the appointment of
The circular also gives the report of a special comusiness is lost daily for the want of it."
receivers,
Operations, income, &c., on the whole line for two years mittee made prior to the receivership, which contains the folhave been as follows:
lowing
"After a careful and exhaustive examination of the affairs
OPEEATIOKS AND FISCAL EBSULTB.
1885.
of the company, we are reluctantly forced to the conclusion
1886.
OperalioKS—
1,107,218
Paeeengers canied.No
1,016.875 that it cannot be re established, on a basis which will insure
64,81H,113
Passtngers carried oue mile
57,414 868
permanent prosperity, without reorganization. The more im2-(i7 cts.
205cts.
Rateiierpasstngfr per mile
portant considerations which have led us to this conclusion
I,?i86.;.5:)
1,378,977
FrelKht carried (tons)

—

—

:

253,^11,829

Frelnlit eaitled (tous) one mile
Rate per ton per mile.

Earnings

O'Sl ots.

319.^8i),8f3
C-70ct6.

from—
$1,330,948

Pasesengers

Express and mall
Total
Expenses for—
Transportation
Motive power

*3,645,467

$3,671,920

$1,093,788
719,402

$1,021,341

17ii,88d

133,973

518.634

f.12.435

1(56,032

220.333

Maintenance of cai8
Maintenance ot way
General

$2,670,736
$974,731

Total

Net earnings

653, t2i

$.,597,708
$1,074,212

INCOME ACCOITNT.
Not earnings
Disb nrs'-mni f.s
Interest ou debt
Sinking fund

$374,731

$1,074,212

$1,024,000
49,000

$1,026,415
33.000

$1,073,900
$99,169

—

:

;

2,0(i3,548
25u,9"'i

Freigtit

are as follow s
First— The company has no means -Blth which to pay its present indebtcduess. and no unpledged securities available for a loan with which
to lund ttem. The items of this iudebtedness are as fi'Lowo
_^^^
$87i;,(jo0
Receivers' debt
1,015,500
Iiiti'rcst past due. less cash on hand "August 31, 188d
470,000
Princiia: of oar trusts past due
190,200
Floating debt
140,000
Btock yard bonds

$1,079,415
$5,203

Is,

& Heading Railroad owes us upwards of $l,FiO0.0O0.

however, no piospcctof payment.

The prop

ity of the

com-

ample security for this sum in addltiim to the amount for
already mcrtgaged, but cannot be made available for the
purpose, because exisllng liens upon it cannot be discharged.
Second— Means to put the property in a condition of complete elBe'ency ai e quite as neci ssary as means to pay indebtedness, l lie policy
of Ihe receivers of the Philadelphia & Reading, as expressed In their
rders, has be«n "to keep the expenses down to the lowest possible
Fxtraordinary
limit consistent with the safe working of the road."
repairs are, theref' re, needed.
the opinion of many the Philadelphia & Reading Railroad
Thiid— In
Company and Its receivers have not operated the pi operty to its best
advantage under the lease, and its earuiugs would be largely increased
pany

iiffoids

whicli

it is

1

Total
Defloit

by independent management,

the option at any time of resuming control and
property, but it cannot safely do so until provision
present indebtedness and make these extraordinary
i4 made t" meet
repalis. This seems impracticable.
t'om th— A>ouiuiug, however, that temporary measures could be deviled to carry this indebtedne-s as a (1 'atiug deiit or otherwise, a more
Almost the entire debt of the Central
serious qiie.^iion RllU reniHins.
Raiiioad bears seven per cent interest. The roails with which it is
competiug.antt with which It must compete lu the future, are able to
obtain iLouov at four or live percent iuteie^t, ard the Reading, its chief
ooiupeiHor, is about to be reorganized on a basis of not exci-ediug four
per cent. The Central RailroBd of New Jersey cannot successfully
compete with Its rivals if it must continue in pay i;eaily twice, as much
for fix- d capital as they do, and no reorganiamion oan be lermanently
successful unless interest charges be reduced. This oouslderation iA

Onr company

operation of

GENERAL INVESTMENT NEWS.
—

Boston & Albany. The returns of this company for the
year ended Sept. 30 ohow the following results of operations:
188."-!i6.

1884-S5.

Iiicrense.

PaBsenger earnings
Freight
'•
MlBcellaneous
"

$1,689,873
4,2J9.082
309,812

$3,442,544
$2.7,2113
3,'65.929
5 3,li3
429,509 Deo. 119,697

Gross earnings

$8,2f>8,733

$7,637,982
5,293,676

Expen8C« and taxes

$2,687,700

Total

The Philadelphia
There

5,810.383

$>60,7.''.l

616,712

its

hits

own

OCTOBEB

THE CHRONICLE.

30, 1888.]

of the wnilenoy to maintain present low
Tat«« for rmUroad triiffi.-. If doc to furtlifr rtMluee thorn. a>iii« rediiotloa
of Uxodoharicei would. tU.T«fi)r». »e^m lo be an oMpntUl oondtilou of
aeoenfulrvoncanixkilun. Suoti a rediioiloa t« practicable at an early
date, beoanas nrarljr #{,000,uOO of lt« debt ta p«yable on uouoe, and
99.000.000mnrabeoniiiM payable In 1840.
^
.^, ^
Fifth— riio eompaajr moal have new oapltal with which to make
BaeeaaaiT bettxnneata and extenalnoa, otherwise It cannot Inline

•U th« more welxhtv hecanm

rconamlea or meet the antnuivu oompetliion
more proaperons rivals
be expected from Ita
While aaoh a plan would uoduubtadlynxialre lime contribiitioa from •lockholder* aaa »ime tort>earaace from bondhoMetg. it
to make the eacntlce onW t«m•oold, oeTrrthideM, be ao framed
porarjrandihe bt-n-ttc laatloic. • • • BarnlnKS oao bo mat<>rially
uoreaaedbr now atUncea with other ruada. one of wblrh, with thn
Battlmnre i Ohio, tmx alri-ady bneo made, and by deyelnpmeac of buslawanatmailr irlbuiary lo lu llneaaiwell aa of Ita terminal property
«a New York Bay. Kxpentea can be buv^lr dImloUhed by reduulluu
fa Izad ohargM and liioreaaed economy of admlnlstntlon.

wmny

lin|>"rtaot

wUSi mii«
*

*

*

•

Cklearo

k Canada gAatkera.— At

Detroit.

Mich., Oct. 33.

O. W. Thomax of New Jersey and Thomas S. Hughes of New
York, filed a bill in ihe Uoited States Circuit Court to foredoee the first mortgage of the Chicago & Canada S >uthern
Kailroal, of whi.;h they are creditors. The Ltke Shore &
Michigan Southern, which operates the Chicago & Canada
Soothera, is made a co-defendant. The bill arks for the appointment of a receiver. The fir..t mortsage is for $3,000,000.

The two

plaintiffs represent

a

total of $100,000.

CineianatlAEsBtera.—Mr. Albert Netter.a broker represent
tog unknown parties, has failod to make the second payment of
|qO,000 for the Cm'-innati & EUstern Riilroad. He gave as the
reason for this default in the paymeat that th"* holders of tlie
bonda were wrangling, and ue ooald do nothing until they
OBme to ao agreement.

Ciocinnatl IndlanapolliHt Loaia AChieago.—Theannuil
meeting of this compiny, known as the "Big Four," wa.s held
at Indianapolis. The following were elected directors: M. E.
lagalls, George Hoadlay, Samuel J. Broadwell, B. F. Evans,
Owrga Wilshir-, lytfx Anderson, Orland Smith. Thomas A.
UotA. Allen M. Fletcher, R. B. Cible, E. T. Jeffrey, George
Bliw, C. P. Huntington.
—The BUutric Bulletin dispatch from Cincinnati says:
"Concerning the disposition of the 30,000 new shareo of st'wk
autborix«d to be issue 1 by the C. I. St. L. &C. Cjmpuiy, it is
Uarn-d on th>« best authority that the scheme is to sell the new
of the pr.?eent
Block at 75 cents on the dollar to the '^i
i

»

tocJc, they to h:tve the privilege of
•tock in proportion to their holdings o(

-

:

for the

new

'

Detroit Maeklase A Harqaette.—The item oonoeming
company's plan of reorguuizition pablinhed last week
waa erroneous in several partimilars. The CHRO.fiCB is informed that the syn>liC4te which purchased the road nn the
SOtb inst. at the price flxrd by the court, $1,010,000. have
creed to the following arrangement with the s curity hiM'-rs
The fl-st mortgage bondholders are to receive twu-third:i of
their hol.iin.{H in Duluth South Shore & Atlantic 1st mortgage 5 per cent, bonds and par in preferred stock.
The ineomea are to be exchange i at p ir for prererr,>d stock.
Land grant bonds retain their lien on the land and receive
ith South Shore ft Atlantic common stock.
88p«rr*'
grnck to reoeire 80 percent in new stock of
TImoI
Daluth Njutii snore & Ailaniio,
Thia arraoMment do«a away with the old plan which was
this

:

:

:

pobUahed before.
Bnm4 Bapids * ladlaaa.—The following to a sUtement of
the grosa and net earnings of this road as specially obtained
bgr

the

Ciuwxkxk.
lipUmttr.

,

Oroaseamlnaa

OpuMlBg

.

.

Jan. I to Sept 80.

—

1900.
»1»I,'«I7

1<*HS.

I>t88.

»l90.r.l7

»l,»80.9i7

11M«0

lli.TS*

9a<7l»

»1.40 .un
W»7.6 9

• 8.177

$7«.72J

»512.;i«

$10H,U4

cxpeaaea....

Keteaminx*

IBS.").

Haraaa Raatonl * Eastern— Wafcaah.—This Wahssh Ine
The road
was sol<l at Springrteld, III Oct. 27 for $100 000.
rana f rom New Albany, Ind., to Leroy, HI., and is 18 milt^
long. It was purchased, it is said, for a new company, who
,

line as a local road.
important legal step has
Jnat been taken in the affairs of this company. It his a valuable land grant from the State of Texus. By the terms ofthe
grant it wan provided that part of the land* should be alienated in fourteen years from the date of the grants and pirt
twenty -one years after. The bindhol.ler« have supposed that
the placing of the bonds in the hands of trustees was > lawful
and prop-r alienation, but recently the Attorney -G-^neral,
under the direciion i>f the Governor of Texas, has investimatter, and t«ken the ground that 443^ sections of
in the poaacasion of the receivers mi^t be sold before
UnwillinK
mber 90, else they will revert to the Sute.
to run the rt>k of the fnrfelturp, the trustees and the company
have petitinned U. S. Circuit Judge Pardee to ord^r a forct-d

Will

widen the gauge and operate the

Houton A Texas

Central.

Ethe

— An

515

m

reorganize the company by
-ans of foreclosure and sale, and
the organizUi on of a new company which will be free from
the obligations of the lease, and capable of ne;;otiating for
Through the prompt coitself upon an iudep^ndent basis.
operation of the compauy and all bondholders, this purpose
can be speedily accomplished, and prompt and regular interNumerest payments renewed and permanently continued.
ous holders of large amounts of our several issues of bonds
have been in consultation, and have advised the adoption of a
plan of reorganization which will fully preserve the ttatus of
all the interest-bearing securities; secure beyond question the
prompt payment of interest at a fixed rate; and at the same
meeting
time protect the holders of incomes and stock.
of bondholders will be convened within a short time, with the
view of appointing a suit'ible committee to represent your
interests, and after due consideration to submit for your approval a plan of reorganiz ition. In the meantime you are
earnestly cautioned against being disturbed on account of the
apparent complication of the company's affairs, and are assure i that in the best opinion of your board your securitiee
are abundantly good, and that, with your pro-npt co-operation, the suspension of interest payments will bi merely tem*
pora'y.
" I am plea«ed to add for your information that at a recent
conference with the representatives of the Cincinnati Sandusky ft Cleveland Company, a basis for adjustme .t was
practically agreed upon, looking to a consolulation of the
entire system, which seenuto your board f^ir, jus' and equithe permanent advantage of
able, and one that will tend to
Your approval of this adjustall claaaee of security holders.
ment and the reorganization will, however, be necessary to

A

t

its

consummation."

Inter-Hlate Railroad Traffic.—The U. S. Supreme Court
has rendere-l a decision in the ca<e of the Wabish St. Louia
ft Pacific Railroad Company, plaintiffs in error, agai> st the
people of th'e State of Illinois. The specific a'legaiion was
McKinney fifteen
that the railroad company charged Elder
cents per hundred pounds for tran'<porting goods from Peoria
to New York City, and on the same d<y cnarged I<aac Bailey
and F. O. Swannell twenty-five cent< per handred piunds for
the same clafl-* of goods from Oilman, III., to N^w York, Gilman b-ing ei.(hty six milei nearer than Peoria t> New York.
The discrimination, it was alleged, was in viola'doa of the law
of Illinois, whicii prohibits any charge for the transportation
of passengers or freight wUhia the S ate of IllinoH propoi'tionately greater than woul 1 be charge for the transportation
of p<8'<engers or like classes of freight "over a greater diatan e of the same road."
The gist of the decision is contained in the conclusion, aa
follows
' Whon It \» ait»mnt»>d to »pi>'y to trannpnrtallnn f hmn?h an entire

&

•or-

ult

•

itie

lit

UOt

be

we

s>ir

«a

thiak

oiS
I

be
elL

\v.il<

II

il'-ril 111

I

r

II

It

ilii^lf
.1'
"V
Conntltiitlon."
I

!

Stale* uniler tb» ooiaui

The judgment

of

tl

,,

i

,

<

lurt of Illinois,

Lll'-

Lulled

which waa

adverse to the railroad, is reverwd, an i the ca-^e is rem inded
to that oouR for farther proceedings in conformity with the

above opinaai.
JuMice Bradley delivered a diasenUng opinioa in which the
In this opinion it
Criief Ju'<tii-e and Justice Gray co icu-red.
is conceded that Cmgress mi.<ht, if it saw fit, r-guU'e the
matter undi-r consideratio i, but, not having done bo, it is he'd
that the State does not lose its power to regula'e the charges of
irs own railroads in its own territory simply because the goods
or persons tranup <rted have been brought from or are dettined
to a point beyond the State borders.

JLitUyJioek lIlBsiMlpprRirer k Texas.— An extended
reSBt la&lan of reorg<ifiizaiion hai l>een issued which propoaea tn^ the property should be divided and two distinct
norporations organiz-d—one toownihe road between Little
R ick and Arkansas City, 130 miles, known as th-< Piue Bluff
Division, the other to own the Omchita DivL<,ion from Trippe's
•ttaiion 7

miles «est of Arkansas City to Texarkaoa, Texas, of

which 49 miles are

built.

The reorganization plan of the Lttt'e Rock Missiissippi River
ft Texas
Riilway Company is substantially as follows;
The capital stock of the Pine Bluff C impany (preferred), sub-

will l)e $1,330,106; the common
stock will be $l,«73,894 ; the $3..500,00O of new first m.ngage
uold bonis will be used in this wise: $1,608,300 to pjy the
sale prior to the d^te flxe-t in the limit of the holdlns? of the first mortgage bondholder* 85 per cent of their holdings,
lands.
A privnt- di«pitch announced that the C mrt had $1,893,000 $1,.500,000 to pay secured debts, and the balance,
granted the i"
in the O ilvpston Hewi of Oct. 33 up- $391,800, will ba reUined in the treasury for steel rails,
peara a loot'
ment offering at public sale on Nov. 6 lepairs, improvements, and to pay dissenting bondholders, if
279,0U1> n';r,-n •,[ land in different counties as therein
rifCessary. their distrilmtivo chare of the nrocee 's of the sale
deacribed.
Th^ preferred to k. $1,326,106,
notpiid bv stockholders,
000 of the first
ladlaaa BInomlnirtAn k Westero.— .V circular ha« been AUlbeu-edto pav l."} percent of the $1,892
Tiortgage hondi ; $993,308 of the principal to take c ire of the
iaMied by thiscoinpmy aiMremul to its bindlioUlerH rt^ferririK
of $.")0,00<) to secure-d credtolte preeent vitoolion of affiirs regarlini; the Cincinnati 'verdue oupons, snd the balance
is to be
Saadawy ft Ctereland lesae. The circuUr then says: "Under itors. The common stock, $1,673,804, $1,106,000issued ratably
being taken
thaaa eireiiawtancea i« beoomea the duty of the managemeni u) the se.ond morteage bondholders,
and $85,141
to advise you that, in any event, it has become neocaaary to for the principal, $483,750 for the unpaid coupons,

ject to increase or decrease,

;

1

ome

THE CHRONICLE

616

Oregon Short Line.—The gross and net earnings for
1 to Aug. 31, have been as follows:

for excess for distribution. Of the |3,000,000 of the Ouachita
Company's stock, 11,000,000 will be issued to such stockholders
of the present company as assent to the plan and that pay
an aflseesment not exceeding 2 per cent in the aggregate of
the par value of all the stock of the present company |50,000
will go to secured creditors, and the balance of $1,950,000 will
be reserved in the treasury. The plan appears, so far as can
be learned, to give very general satisfaction to the security
holders.

August, and from Jan.
.

Augiut.
1886.
1885.

.

to .Aujf. 31.

Jan. 1

.

—

^^^85.

1886.

$151,880 $186,128 $1,293,280
871,414
119,786
99.494

Gross earnings
Operating expenses

;

New

fVoL. XLUI.

$1,138,918
73 2,229

$32,094
6.825

Net

$86,634
6.667

$421,966
54.600

$406,689
53.333

$25,269

Surplus

Taxes

$79,967

$367,266

$353,356

& Texas.—The Memphis Ava-

Fennsylrania Railroad.—The gross and net earnings in
LouisTille
"A special train which came m over September are compiled for the Chronicle tjelow. In Septemlanche of Oct. 26 said
the Louisville New Orleans & Texas railroad yesterday made, ber, 1886, there was an increase of $397,424 in gross earnings
perhaps, the fastest long run ever accomplished on any South- and a decrease of $75,516 in net, compared with Sept., '85.
em railroad, testing and proving the excellent condition of Since Jan. 1 gross earnings show an increase of $8,038,652 and
the track of that company between Memphis and Now Orleans. net an increase of $1,750,861 compared with the same period
The train left New Orleans at 5:30 o'clock yesterday morning, in 1885. On the lines west of Pittsburg & Erie the net result,
and the party crossed Jackson Street in South Memphis after payment of all charges, shows a eain of $172,649 in
exactly at 6 o'clock. The total running time for the entire September, 1880, compared with September, 1885. Since Jan.
distance of 455 miles was 10 hours and 10 minutes, or a trifle 1 the net result shows a gain of $983,703 compared with the
The total time consumed on the same period of 1885.
less than 45 miles an hour.
trip was 12 hours and 30 minutes, and for the first time in
LINES BAST OF PITTSBDBa AND BRIB.
their existence New Orleans papers were delivered in MemKel Earningt.aroMt Eamvngt.
phis on the same day of their publication."
1886.
„\885.
1886.
1885.
Orleans
:

,

•

.

.

Memphis & Charleston.—The

Jan. 1 to June 30. $23,250,164

gross and net earnings for
fiscal year, have been

July

as follows:
September.
1885.
188e.

,

„

„„

,

1 to Sept. 30.-^

^July

.

1886.

Total

1H85.

$120,680
Groes earnings
67,745
Operating expenses....

$105,195
77,451

$335,518
215.810

$284,835
210.071

$52,935

$27,744

$119,708

$74,764

NetearningB

Minnesota & Northwestern.—A

circular has been issued
by the President, Mr. A. B. Stickney, under date of Oct. 23,
which has the following: "With the month of September
ended the first year of the operation of your railroad.
statement of the operation for the year, just received from
the Auditor, shows the following gratifying results :

A

Total

pay

fixed charges for the j-ear

$12,971,832 $11,220,971

LDtBS WEST OF FITT8BUB0 A BRIB.
Net surplus or deficit after payment of charges.
Diff.in\%%6.
1886.
1885.
Gain. $336,892
Jan. 1 to June 30. Def. $650,198
Def. $987,030
Gain. 273,429
July
Sur. 236,321
Def.
37,108
Gain. 199,732
August
Sur.
69.671
Def.
130,061
Gain. 17 2,619
September
Def.
90,226
Sur.
82,423
Total 9 months. Def. $261,783

&

Philadelphia

Def.$l,244,435

Beading.—The

Gain. $982,702

result of the joint opera-

&

&

Iron
tions of the Philadelphia
Reading Railroad and Coal
in the month of September, the tenth month of the
Jersey Railroad leased),
fiscal year (including Central

$19,058

Lieaving surplus for the year

New York Stock Exchange.—The following securities have
been admitted to dealings by the Governing Committee
Chicago Burlington & Northern Railroad— First mortgage 5 per cent bonds due April 1, 1926, $9,000,000.
Burlington Cb^ar Rapids & Northern Railway—An
:

additional $334,000 of consolidated 5 per cent bonds,
the total amount listed up to $5,000,000.

making

Richmond & Danville Railroad— Assented debenture
bonds, $1,000,000 exchangeable into a consolidated 5 per cent
bond at the rate of $1,180 new bond and $29 50 cash for each
;

fl,000.

$33,237,632

$7,«69.624 $6,519,859
1.180,049
l,580,ti28
1.649.013
1,90>,015
1,S 9 2.051
1,316,535

New

was an increase of $23,829 in gross earnings and a decrease of
*^^o'nf?
8,»ol $39,505 in net, compared with September, 1885. In the ten
months from December 1 there was an increase in 1885-86 of
*JiM9S $1,082,301 in gross earnings and a decrease of $861,172 in net,
124,350
compared with the same period in 1884-85.

Leaving net earnings
From this deduct amount due for taxes, Ac
It requires to

months. $36,866,283

^^i'?il Company
zaj.ioo

Gross earnings
Operating expenses

$21,319,593
3,685,10i
3,956.306
4.276,628

4,356,677
4.585.390
4,674,052

August
September

September, and for three months of the

,

.

Deo.

ItoMay

June
July

August
September

Gross Receipts.
1885-6.
1884-5.

.

31. $19,947,372 $18,988,319
3,748,389
3,814,203
4.00.'i,882
4,058.436
4,358,638
4,309,689
4,578,428
4,554,599

Total 10 months. .$36,738,128

$15,655,827

,

Jfet Receipts.

1885-6.

>

1884-5.

$4,272,184
816,364
1,015.422
1,067.021
1,186,148

$4,568,644
833,805
1,123,747
1,416,401
1,223,653

$8,357,139

$J,218,311

Richmond & West Point Terminal.—The following named
gentlemen, who represent a large interest in Richmond &
West Point Terminal stock, have been nominated as directors
of the company, to be voted for at the ensuing election Nov.
19 Messrs. Alfred Sully, Geo. F. Stone, Emanuel Lehman,
T. M. Logan, John A. Rutherford, Isaac L. Rice.
:

&

Kansas

Texas Railway— An

additional
$1,000,000 6 per cent general consolidated bonds, making
total amount of Os. and 5a. up to $32,000,000.
Indiana Coal Railway—An additional $434,Chicago
000 first mortgage 5 per cent bonds, making a total of

Missouri

&

fS,808,000.

JOLIET Street

Company—Capital

A

stock, $2,666,000.

New York Susquehanna & Western.—The

following is a
statement of the gross and net earnings of this road as specially obtained by the Chronicle.
Jan. \ to Sept.. 30
Sept.
>

.

—

.

1886.

1885.

53,366

$7a9.292
466,348

$8c3.519
434,113

$51,988

$332,944

$369,376

1683.

1886.

Grosseamings

$10i!,817

$105,3.->4

60,489

$42,328

Operating expenses

Net earnings

Texas & Pacific— At a meeting of the Texas & Pacific
Reorganization Committee the Court was asked to sanction
the issue of receivers' certificates to the amount of $73,000 for
new locomotives and $77,000 for new rolling stock. The
Court's approval veas asked for steel rail contracts made for
33,000 tons and for one about to be made for 7,000 tons.
resolution was adopted agreeing to accept receivers' certiflcatts to the amount of $38,000, and to pay for them with
funds received from stockholders' contributions,

Wabash St. Louis & Pacific— A circular has been issued
by the committee of first mortgage bondholders of the Wabash
Railway, consisting of Frederick N. Lawrence, Benjamin F.
Romaine and Edward Oothout, urging the holders of the first
mortgage bonds to sign an agreement with the committee at
the earliest possible date for the protection of their interests.

—

Norfolk & Western. The gross and net esirnings for Sep- The circular says " The argument (in the Circuit Court at
tember and since Jan. 1, in 1886 and 1885, were as follows
Chicago) developed the fact thit the Purchasing Committee,
.—9 m. ,lan. 1 to Sept. 30.-^ in place of conforming to the decree for the sale of the
September.
1885.
1886.
1885.
1886.
property, by which they were required, as part of the
$2,312,299 $1,985,075 Wabash
$319,224 $267,373
Gross earnings
137,007
1,392,316
1,213,533 terms of sale, to pay ofif and discharge the receivers' obligaOper.expen. <& taxes... 181,370
:

—

:

.

.

Neteamlnes

$319,983

$137,854 $130,366

$751,511

—

Northern Central. Following are the earnings and expenses for September and for nine months ended Sept. 30
9m. ended Sept. 30.
September.

—

,

1885.

1886.

$472,944
Gross earnings
Operating expenses.... 313,159

Neteamings

:

—

,

$159,785

$504,753
277,476

1886.
$4,006,833
2.627,179

1886.
$3,96.'i,618

2,103.618

$227,276 $1,379,654 $1,561,999

Northern Pacific.- The gross and net earnings by months,
in 1885 and 1886, have been as follows
.

July

August
September
Total 8 months.

Land
amount

Oroas Eaming».
1885.
1886.
$1,000,011
$1,100,026
971.289
1,226,353
1,224,955
1,372,673
.

$3,699,0

W

$3,196,255

Net Eaniingt.
1886.
1885.
$.534„528
$549,444
.

658.952
769,031

692,0J9

$1,962,509

$1,748,211

sales for the same period in 1886,
of sales, including town lots, $236,070.

,=106.708

58,807

acres;

tions, proposed to purchase these obligations to the amount
of four million dollars, and hold them with a view of litigating with the underlying mortgage bondholders as to their
priority of lien. The further fact was developed that the Pur-

chasing Committee have obtained an order from the United
States Court at St. Louis, sanctioning such purchase of said
obligations, and authorizing the receivers to pay such coupons
as might be designated by the Purchasing Committee out of the
earnings of the road. The avowed purpose of the Purchasing
Committee is to use these two orders to the disadvantage of
the bondholders who do not assent to the funding scheme. It
is believed that these orders can both be set aside."
Trust Company, trustees of two of
The Farmers" Loan
theWabasli first mortgages, are taking steps at the instance
of the Lawrence Committee to have the order of the St.
Louis Court of Septemtier 21 set aside. This order allowed
the Purchasing Cjmmittee to keep the receivers' obligations
alive instead of paying them off as decided by the decree of
sale, and allowed the Purchasing Committee to designate
which coupons of prior mortgages should be paid by the

—

present receivers.

&

October

THE CHRONICLK

30, 1880.]

COTTON.

She Commercial %imts.
'

CX)MMBRCIAL BPITOMK
Friday Nioht, Oct. 29, 1886.
Th« oeremoniee attending the dedication of the Bartholdi
•tatue oaoaed the almoet total suspension of business yesterThe coining election has also absorbed attention, and
day.

uneasineos has been felt in some quarters respecting the contest for the Mayor of this city and its possible effect on speculation and values. The prolonged drought, which has afflicted

the Atlantic coast from Maine to Oeorgia was broken on
Tuesday by a copious rain, which, though probably too late
for many crops, will ward off danger to the public health.

Then is a

notable calm in labor circles, and only slight dispatM are reported from any quarter.
The speculation in lard for future deliTery has been oompaiatirely quiet and prices varied but little.
The bulls were
without courage and the bears found prices too low to justify
" short" sales. To-day there was a slight improvement,
OklLX CLOSnO PUCKS OF LARD.
MotuTy. Tutid'y. Wtdn^y. ThHrtd'y.

AmmTy.
jfev.dciiTnr...

Deo^b-r"

..

JsaoaiT "

..

rabnarr"

..

6-03
6-11
6-19
«-«7
e-33

e-os

e'O*

011

613

6-18

e-os
«-13
6-21
6-2»
6-39

6-20
«-28
6-37

tf-Se

^
7
%
?
B

615
6'2'i

6-32

na

S»3.2SA,108
Dm. 3.34U.477
The speculation in Rio eoffea waa carried to an excited
oUmax OB Wedneadar, wbanprloaa roaeto lie. and upward for
optfcma, on rnorts of ndooad receipts at the Brazil ports, and
opanad stUl higher yeaterday, when a decline set in, under
aalaa to realise, which oontinoed to the doae this afternoon,
whan the reaction from the highest flgnrea waa fully }{c. per
lb,, the final offerings being at lO-SOc. for the autumn and
winter montha. Rio coffee on the spot touched 12f,c. for f «ir
caxKoea, but oloaea unsettled and nominal at l^^c. Mild
gnioea have been active, and a large line of Maracaibo sold

week and

197,166 bales three weeks since ; making the total
receipts since the let of September, 18S6, 1,343,801 bales, against
1,388,453 bales for the same period of 1885, showing a decrease
since September 1. 1886, of 44,653 balee.

Raw

aogars have been fairly active, and cloae steady at
4 9-16a for fair refining Cuba and 6 3-16c. for standard ceoMobMMa is dull at 18>^c. for tO-degrees test. Teas
trifngal.
have mlad firm, but with only a moderate degree of activity.
There has be«« a fair demand for Kentucky tobacco, and the
aalea for the week are 400 hhds., of wliich 800 for export at
ataady prices. Seed leaf haa been oomparatlTely dull, and
aalea for the week are only 1,900 caaea, aa follows: 900 oases
1880 crop, Pennsylvania Havana aeed, 9@16o. : 100 oaaea 1883
crop. Pennaylvania aeed leaf, 10O12Wa; 100 caaea 1883 crop,
do. do., private tarma; 900 caaea 1885 crop, Wiaoonain Havana,
7)i«l0a: 9M caaea 1885 crop, Ohio aeed leaf, 6>li(»9o.: 100
caaaa 1886 crop, Uttle Dutch, 9a; 100 caaea 1»5 crop, SUte
Havana, private terms, and 150 oasea aundriea, 6098o.; also,
aw bales Havana, 60(i$l 10, and 950 bales Sumatra, $1 90@
9160.
Omda petroianm certi flea tea ware firmer, until to-day, when
thara waa adaeUna onder free offaringa, and the doae was at
WMSMtJic BpiriU turpentine advanced to 88c., but closes
at Vl^e. Common roain ia quoted at 95o. Wool is quieter.
Bopa are firm, with a fair demand. On tha Metal EzchaoKe
tka apaculatinn in block tin was active, but tha oloae ia quiet
at tt-lOc. on the spot and 22-9Uc. for December. Ingot coppar ia very firm.
Ooaan freights were onlv moderately active, but scarcity
room sostamed rates, and tha sliipments of grain to-day

d

ware at 4>^d. to Liverpool, 4Hd.

to

London and

BoL

Rtetiptiat—

4}<{d. to

Am*.

JTon.

WtA.

Tkuin.

4,059 11,926

5,095

Indtanola, ike.
Orleans... 11.195 16,138 18.000

Kew

MobUe

Pri.

lolaL

9,046

4,707

33,293

7,172 12,094
1.891
988

8,331
2,199

72,930
9,618

901

Oalveston

904

4,464

1,520

3,315

949

7,914

9,147

8,148

7,100

S,3S7

4,388

4,063

3,991

1,919

1,740

1,823

1.313

3,784
1,603

7,582
3,269

4,371
2,073

4,696
2.S49

100

910

437
348

450
388

86

67

Florida

Bsvannab

BnmsWk, Ao.
Clurleston

Pt Ro7al,Ao.

WUmloKton

7,043 10,260 49,611
1,334
1,934
4,232 3,983 26,068
1,395
1,595
1,356 1.^206
9,363

IforebdC.Ao

110

-

Norfolk

New York
Boston
Baltimore
PhUadelp'a, tm.

6,491
2,776
1,049

110

4,857
2,179
1,309

31,781
13,747
3,241
301 8,383

232

200
94

200
218

11

TMaUthUwaek 37,531 36.682! 49,3r9 34,368 40.S67I 43,626 258,483
Foroompanson, we give the following table showing the week's
total reoMpts, the total since Sept.1, 1^, and the stock to-night,
and the same items for the corresponding periods of last year.
1886.

1885.

Steeipltto

Btoek.

J.

Anceaep.

Oel. 29.

1886.

1889.

1886.

Wmk.

39.Z98

360,726

46.687

297,963
781

64,912

99.475

73,930
9,618

319,616
46.169

324303

152,162
19,346

147,860
17,948

904

6,061

Bsvannab. .. 49,611
Br'aWk. *e
1,934

300,194

79,321
10.818
1,648
41.898
1,97P
31.356

181,561

93,638

88,399

38,441

15,007

1,904
43,777
1,293
127,778
71,173

77.582
3,200
17.788

77,602

219
90,634
9,818
901
398
131,319 30,833

936

1,944

99.481

494

7,000

1310

ITMik.

QalVMtoa..

1,

1, 1889.

Ind*noIa,Ao

NewOttoaDi.

MobOe
Florida

Cbarleston ..
Pt.B07al.Ao

Wilmington
H'hMulO..*o

7,261
163,070
9,109

26,066
1,999

9393

.

NorTolk

W.Polnt.Ac

New

York...
Boeton .:
Baltimore...

110
31,781
18,747

47,403
6,688
3.473
8,749
3,439

3,241
3.282

49,977

a

9,961

395,198
9,312
192,767

827
11,626

164

987
606

3,382

7,930
8,248

108,399
6,810
11,010
3,980

...398,483 1.343.801 268.023

l.')g8.49:i

623,339

396.237

PUUdel'a,«o
Total.

300
218

In order that oompanaon may he made with other years,
gtva below the totals at leading ports for six seasons.

wa

1886.

1889.

1884.

1883.

...

33.203
72.930
9,618
48,611
27,661
9.463
31,791
13,747
8,379

16.087
79,321
10,818
41,888
81,975
6.116
30,899
13,007
3.716

32,903
83,164
11,739
49,210
34,369
9,781
32.633
16.991
8,667

39,466
66,310
15,837
41,6J7
21,142
7,726
38,649
14,199
3.979

80,075
96.349
17,020
42.299
28,000
8,689
47,190
13,953
12,182

17,138
98,934
12,121
36,634
33,231
10,914
89,954
10,383
16,408

this w'k.

258.483

268,023

277.470

341,921

296.683

329,289

S88.a78,aM

t»da7atl90iuio.

Glaagaw.

Friday. P. M., Oct. 39, 1886.
as indicated by our telegrama
fn»n the South to-night, is given below. For the week ending
Uile evening (Oct. 29), the total receipts have reached 358,483
bales, against 966,818 bales last week, 330,3^ bales the previous

Thk MovRXKirT OF THS CROP,

WMtPotDt,Ao
Frid'y
8-09

ti<
610
Marah " ..
Lard on the spot has been active. The purchases of refined
have bsen large, not only for the Continent but for South
Amsrioa. To-day the market was strong and active at 6c. for
prim* dty, 6'10^'12>{o. for prime Western and 6-40c.
Continent and e-80o. for South
Car refliMd for the
Amatios. Pork has been more active, with values fully maintaiaed at 910 850 110 50 for new mess, $103 $10 25 for extra
Cut meats were active,
prime and $14 7B<9$15 95 for clear.
but at a decUne of )<@ ^0. for pickled bellies, closing quiet;
pickled bellies 'l%^%c„ hams 9>^@10o. and shoulders 5.^,3
Beef
V^o.; smoked hams llOUV^c. and shoulders 6,^^c.
ramains nearly nominal at $7 25<3$8 for extra mess and packet
per bbl. and $113 $18 for India mess per tierce, with beef
hams dull at $18 SO per bbL Tallow U lower at 4^34^0.,
with more doing. Stearins is firm at To. and oleomargarine
Butter is in full supply at 10<320c. for
ia quoted at 6*^o.
Cheeaeiafinner at 93^9130. for State factory and
oreamery.
4^60. for skimf. JThe swine alanghteied at the principal
Westam towns from March 1 to latcat dataa numbered 6,880,000,
acainat 4,965,000 for the oorrasponding period last aeascD.
foQowliig is a comparative summary of aggregate exports
tnok October 96 to Ootober 93.
1SS»4.
1884-A
lbs.
Fork
«0j30,600
S1.984.aoO
Dae. IM3i,000
4ai.7iM4MA |4S3,S7ft,0«a
BasPii. *o
tne.
38,lMO,8tO
Lard.

517

Qalvest'o.Ao.
New Orleans.

MobOe. ...
Savannab
Cbarl'st'n.Ao
Wllni'Kt'ii,ae

Norfolk

W. Point, Ao.
411 others

TM.

1882.

1881.

ainoeaept.1. 1343.801 1388.133 1433,8301 1463,907 1423,666 1424,046
Oalveston Inoludee Indlanolk; coarlealon moludee Port Kojal, &o
WUa^axton Includes MoreU'd aty.Ac; West Point lnoladesCltrPolnt,Ao
»*a exports for the week ending this evening reach a total
of »4;«1 Dales, of which 115,587 were to Great Britain, 17,454
to naaee and 91,670 to the rest of the Continent.
Below are
the OKporte for the week and since September 1, 1S36.

anMK

Wt4k

Oct.

fnm atwU

W.

1.

18S0. (o Oct,

M, UBSw

artat

QftlTMton

at.Ml

8<n

New Ort«*i
MobOe

ia,Tsi

itjao

BsvaaBali.
Obarleaton

U.llS
....

VM

1,706

t/m
8,sgs

«3M

S4.1M 1S,80S
«0,SS»

11.770

•.Ml

*S,78S

8,710
S3.817

SB.8eo

8S.HS

saiiis

SS3I8 10,706

U.WS

SSJ78
S8.an

WUaUwton...

18,817

it,t>a7

njNo

Norfolk
WMt Polot,a«
New York..

ll,M7

II,

Ml

W,7!«

ao.iTi

SOS

8.173

ie,ois

1,111

89,786
1.806
17S,«7e
•1.077
17,197

1B1,«1I

i7«.Neo

i,aoe

7,aas

Bomoa

8,S41

Batttmore..

io«.asa
130,886

•.lie

so

si,us
8.K1

1«.S78 13.US

3T.sr|«

PMladelp'e.ao
Total
Total 18B8.

110.887

IT.IM

%\jm

n,-an

vn,v»

081,116

71880

18.«S«

eB,as»li«gjB6 "sTs.isi 88.751

~M7J»

•70,781

Thb Saucb and nuoBB ov FOTUBM are abown by the following comprehensive table.

THE CHRONICLR

518

In addition to above exports, our telegrams to-night also give
08 the following amounts of cotton on shipboard, not cleared,
at the ports named. We add similar figures for New York,
which are prepared for our special use by Messrs. Carey, Yale
ft Lambert. 34 Beaver Street.

s
•

ST

Othar
France. Foreign

threat

Britain.

6,791
None.

20,503
4,000
6,600
17,100
16.196
26,241
10,500
9,000

25.897
None.
None.
None.
None.
None.
None.

12.410
None.
5,800
16,100
10,085
None.
10,950
3,000

Total 1886. 109,440

27,397

90,056
124,46*

21,381
31,654

KewOrleana

MobUe
Cliarleston

Bavannah
Qalveeton..
BTorfolk

Bew

YorS
Otter porta

Total 1885
Total 1884

6500

None.

33,114
28.785
21,460
12,000

68.183
91,261
31,798
9.570
78,o;u
32,136

29,171

224,633

65,763
52,131

17,644
18,631

2-26,880

—

— for speculation and — in transit.

8ha

6l4lf

6l'>ifl

7 '8
S^ie

T'h
Hhf,

I»w Midd-g hA

»H

91,6

91,

9H
a'n
9\

9'i«

9>4

Btr.G'dMld
Hldd'gFair lOM

10^

Fair

Wed
Ordln y.«lk

eh

Strict Ord..

616,8

Good Ord..
Btr. G'd Ord

7''R

»^
9%
lOis

H)\
Til.

94

9'fl

9%

10%
10%

Fri. \red
616,6

7''8

6iiie
719

7-'e

85,6
S'le
«i^
8%
91 8
Btr.L'w Mid 9lia
914
914
MlddllDK..
Gk)Od Mid.
9Mi
9>a
Btr O'd Mid ;.%
»3l
Midd'g Fall 1019 IQis
10% lo»i
Fair

86,8

8«a
816,6
914

91,8
9-*
914

Tb. Frl. IVed Th.

od Ordinary

611,8
7I8
81,8
8'3
8'6]6

9%

^Oi

«o

9%
lOig

»to

#lb.

§";i8

9>4
91l8

Wed

Til.

Bat.. Dull and easier..

Wed.

Easier

Uu 1 and easier..
yiilet

Thnrr Quift
rti.. yulet

::::

Total.

COCO

66,8

66,6

66,6

65,6

7

7

7

c*:w

713,6

713,6
811,0

7'3,6
811,6

t^-*

....

Tbe

».«;

I

Oon-

$ump
190
477
409
185
101
497

1362

rUTUKEg.

Spec- IVjinul't'n

lit.

Total.

Sales.

Deliteria.

190 67..500
477 12!i,700
409 75,400
'.'.'.'.

66

2

to

cos

toco

5

03U
too

2
"*

CO

coic
to>o

to

o

2

Oh:

I

tag

2

o.m:

^
2

CSV

66

9.'^:

I

2

5

66

K.^
osy

2
^

K>rO

10 tj

^
»

I1.U

"^

CS
CO COO'*

:.^io,i

•

KtO

2

®.^:

tctoo*

COCOoCO
titoOea

cocec

ap:

I

titoCta

03

toie
coco

5
2

coco

*

0»

5

COP

*

5

toco
coco

er
r;

toco
coco

s
*<

cni-«

00

9?-!

I

CocoOco
CDCO

1*^

t

•<*

2

S
iK;

1

O
eccDoo
ecu

m

h-

2

<

cou

9i

I

^W

1

^

iilid.

<c«>

2

*•

a
toteoco

tococ»

'^CO

•

5

I.®:

1

CDCCOCO

<

tp-*'

^

<ia

o*

tOCOctO

i-o,i

0003

CO

(O©

toco

0.0;

I

cocoo=?
titoOio

I

t-»

2

tots

kA»0

I

WOto

!J

00

toco

ij

to
1

©r^

I

6606
— ,5 o

towo® CCCOo® tscoo«>!5
<'6o6 C"Oo 6-iOoP

«.»:

0.0

ccco
COOD

dw:

9

2

If*-**

**

Om*.

I

or

1

05^:

I

CD«0^
iili^Oi^
0«

X

CO

^

CO©

2

d»*»

.^

coco

V>V^

9

tJtpd

I

0-":

I

w_»o

o:

toco
t^*^
eo-^

2

0<i:

^

«ox

2
**

1^1^
2
oor*:

oi^rt

000:

I

5

2

CO

GOCOOO cocooo

§1

'

1

or:

OiOoi

O

W
I

d

Id

tOi-'

c;'rf-

5
2
"«

I

9

5
2

**
:

cco

CO

C50

ar-:
tocooco
I

6 Oo ~4.JO.j
-- O
I

coco
Ji

M^OOD

«

coco

ad

19
1

I

».";

COCOOCO

15

9
"^
:

00

COCOOCO

5

CO to

I

9

I

o

CD

o

I

:

O®

^

CI

5

5

9

9

cj.

CDCCSCO
CS

I

6O01
6606 CO CD

^
2

!«-::=

:

©CD
I

'

1

ccco

cJ»yiOc»

2
**

66
00
I

c;,y»

"<

COCOoCO

5

*D

ccco

o

-OS
Ob

I*.

coco
*j-j

toco
osoj
coco

6600
c

15

CJicJi

*<

9m:

I

oto
Oci

CCCCoCO

6o

CCCO

tt

osa

to CD

IJ

CJiUi

CI

CO

toco

5

?

CO too CO
-i>
v<

I

I

1

I

3
19:

19;

I

li

19;
I

I:

•Includes sales In September, 1886, for September, 42,900.

continue eaoll
above table, aud
Of We bave mcluded in tbeof uturea each anysHalieach month. It
for
the averaee price
weelt to
>?lve,

f

' Aver." The
•ill be found ander eaen dav following the aDlirt<vl!»t)on
average tor each month for the week 1b also given at bottom of tables
Transferable OrderB—Saturday, 9-00.i.; Monday R-90o.; Tuesday,
8-tfOo.; Wednesday, 8-950.; Thursday, 8 Ooo.j Friday, 8-950.
Short notices for Nov.— Friday, 8-90o.

The following exchanges have been made during the week :
48 pd. toexoli. 1,100 Nov.for May. •18 pd. to exch. 500 Jan. for Mar.
£2 |id. to exch. l.OUO Nov. for Feb. 31 pd. to exch. 500 Nov. for Mar.
-3

1

1.862 492,200

....

•<

the day

CCCOo*

6606

totcO,!

I

....

104

CO 2
OOm^

<DCOOtO

COCOo? ocooco

tSM

•08
•15
•32
•aa
•08

497

06

2

».^^:

I

COCO

<CM

eto

2

^tio,.:.

99,9uO
4-,8oO
71,900

186

9

OOXoOO

CO

5

toto

COCOO'A

713,6
811,6

811,6! 8lii„|

^

<oto

*<

7

713l6

*»

cdOco

I

o

CDQDqOO

0(D

(£00
CCCO

I

,i»o,:i

66,6

7

CO C

or:

»«>:

tOOo*

5

1

66,6

dally deliveries given above are autuaUy delivered
pievioos to tliat on vUoli tbey are reported.
.

MO 2
OISm'^

Fn.

SALES OF SPOT AND TRANSIT.
I

ceco

I

CmOo
ceo 01

81,6
8i«
815,6
914

819
815,6
9>4

HABKET AND BALES,
The total sales and future deliveries each day during the
week are indicated in the following statement. For the con
venience of the reader we also add a column which shows at a
glance how the market closed on same days.

Tnes.

0.0:

I

to«o<o

**

7l3ie
811],

port.

2

2

7

Xx-

ij

CO

(0(0

01

i;i«
8i«

QDOpcOp

*<

eocoo* CDCOcGO
6606 660-ii

903:

I

3

COCO

Qoao

*<

03

7%

raon^Tuea

Sat.

LowMldilllng
Middling

Hon.

-co

5

#.>^:

CO

too

ODOO

8iie
8'«
§!'»»
914
9',8

5

9

ac»

i
g

^
9

(0^090

OP'S

•

QpOp
tc-b

:

coop
0000
*JtO

I

fill,,

7'e

UOi

a

QDQDqOO

OOQDcOp
tt <60cc

0|«:

I

6! 1,6

718

816,f

Ot

OiOi

<oo

718

5
9

«*

I

QD

ccooSao

-

911,6

1U%

Good Ordinary

SPOT MARKET
CLOSED,

to

Frl.

6H16

ttOp
antQ

QDCDqCD
(CCO® CD

I

OD

COCTcOD

OCO
COS

611,8

61I,f

:

CPCCm^

CCQO

97„
9"l6
»''l6
91118 91lif 91! 1,
911,6 9II1
915,"
91610I 916,8 915,8 916,
916,
lllB,„ 105,8 105,8 105,6 106,. 105, 6«
10" 16 10i6ie loii-ie 1015,8 1016,6 1016,
«
!>''.6

STAINKD.

G

611,8
719
81,8

9

OpQD
CDQO

(OcdCco

c
6ht
61516

Low Midd'g

Btrtot

6U,„

M

Op:

I

CC
o OOXqX

—

7% 7*8
7%
8ii«
81,
8 ,8
8>,a
8i«
8>«
Sh
8>ii
81s
8l»,«
SI",* bikia BlOll
bli>l«
9I4
9>4
"!•
">
">
»',«
»'',8
97,8
9',«
b'',fl
9',(i
yiiie 911,* 91I16 91i,„ «U,8 911,8
gi'is 9i5i8 911",* 91I>,B 911.|„ 91^18
10»,8 |li>»ie 105,„ lO^lB 10t,« 101,8
1016,8 loi»ie lOi^ie lOiiie lOioie lOlOie
7^

Hh

Btr.L'w Mid
Middling...
Good Mid..

611, ft

5

To

£
"^

COD

TEXAS.
NEW ORLEANS.
UPLANDS.
idon Taea Sat. Moil Taea Sat. nion Tae*

Btr. G'd Ord

4

1-5

a>

1^

^

CDQO
ted)

Sat.

eiiiB
7»8
81,«
81«
8l»i«
9-4

ma

aO

oo-

CM ^

COCOOCO
cijiO CO

6>',«

do
ex

00
QDXqQO

398.S83
451,953

Of the above,

OD

ODCD
CDtO
I

197,844

^1

p*

were to arrive. The
each day of the past week.

6H

!j

-jo-

baits
following are the official quotations for

6^

£•

898,852

40,t<i0

6.800
6,533
2,514
None.

lowest figures of the season, with sales for January at 9c.
There was some recovery in the course of Tuesday and
Wednesday, due to a demand to cover contracts and the
reduced movement of the crop, especially at the ports, which
caused some renewal of confidence among the " bull " paity.
The weather at the South, as reported at the Exchange, also
took an unfavorable turn, not only for the gathering but for the
maturing of the crop, and the " bears" were quite disposed to
proceed with caution. Yesterday the Bartholdi celebration
caused business to be nearly suspended, but frost accounts
from the Northern belt promoted an advance of a few points.
To-day a firm opening was followed by a sharp decline, under
free sale to realize profits, induced to some extent by the
early indications of a large interior movement, and the feeling was quite unsettled, both parties eagerly watching the
emallest developments. Cotton on the spot has met with only
a limited demand for home consumption, but our stocks are
Drought has caused the stopstill kept within narrow limits.
page of several New England mills, which the recent rains
may start again. To-day the market was dull at 9>ic. for
middling uplands.
The total sales for forward delivery for the week are 492,300
For immediate delivery the total sales foot up this week
bales.
for export, 1,8(53 for consumption,
1,863 bales, including

6>s
6i6ie
7'«

o

!

00

The speculation in cotton for future delivery at this market
has shown considerable activity for the week under review,
The
notwithstanding the intervention of a half-holiday.
market was weak on Saturday, and on Monday an early
advance was followed by a sharp decline, options touching the

Ordin'y.^lb
BtrlotOrd..
Good Ord..

..«!

00

S».iS^ S'^«'E

•

Oct. 23 to
Oct. 29.

!

o:

>

II

11 346

58,675

l.SiO

b;

g.

86.558

65,631
4,000
19,400

^

fw '"'

„:
;

IV>«iI.

vite.

n
til

Slock.

Ooatt-

^''gSo

if
Leaving

AT-

XT.TIT.

>3

II

On Shipboard, not eleartO—for
Oet. 29,

[Vou

8
16
•ja

•oi

pd. to exch. 200 Nov. for May.
pd. to exeh. 100 Dec. for Jan.
pd. toexch. 1,700 Nov. for Jan.
pd. lo ercU. 50O Nov. for Mar.
pd. to exch. 500 Nov. for .M ar.
pd. 10 exch. 800 Jan. for Feb.
lid. to excU. 2.71/0 Nov. lor Deo.
pil. to exch. 1.700 Nov. tor Jan.
pd. to exch. 6i"ii Nov. lor Feb.
pd. to exch. 1,000 No v-lorMay.

(id. to ex. .ion N.iv. for April.
pd. to excii 30(1 Nov. for Feb.
-35 pd. to «ieh. 100 Dec. for Avir.
6'^ pd. to excli. 500 Nov. for July.
.40 pd. to exch. 1,800 Nov. for
April.
JO pd. to exch. 300 Dec. for Mar.
•2ti pd. to exih. 30^1 Dec. for Mar.

•43

•i.i

'09 pd. to exeh.

100 Jon. for Feb.

October

THE CHRONICLE.

30, i%8.j

Tbb VniBUi 80PPLT OP COTTON to-ni^ht, aa made up by cable
talflgnph, is aa follows. The Coatinental atocks. aa well as
tooM (or Qtcm Britain and the afloat, are this week's returns.
noiMWqnnntly all the European figures are brought down
to Thnraday eveninjr. Bat to make the totals the oomoletf
flgoxvs for to-nigbt (Oct. 29f, we add the item of exports frcm
tk0 United States. ?ri"»'i'i'"g in it the exports of Friday only,

•ad

ad

181^6.

BMdkatUrerpoal

bale*.

Makat UHulaa

1<)S5.

365.000
23,000

46.-i.000

338,000
a,500
32,700
25,000

525.000
3.500
36.3 JO
33,000

17,uOJ

mal Oiaat Bcttalo stook

337.000

Hamburc
atBranan
Amaterdam
at

1,300
16,600
8.000

at

1SS3.
433.000
43,000

1844.

34o.i)O0

60,000

33.0U0
1.500

300

400

900

1,100

110,000
6,000
29.000
8.000
11,000

1,900
93.000
3,000
36,000
8,000
8.000

1.700
148,000
6.000
2d,000
8,000
12,000

190,300

210,400

272,400

243.0U0

547.300
40.000
iMw'ii iiiiii'ii sniisi fill riir rn 3MU.000
44,000
>ypt,etaalLAo.jitflt tor B'r^

599,400
27,000
446,000
20,000
596,227
174.973
33,949

797,400
44.000
337.000
35.000
678.833
135,901
3J,000

713,000
102.00U
381.000
43.000
762.547
238.223
18,000

at Botterdam

atAntworp

Bam
atManeUlea

^
^

at

at&inwbma..

tOMiaa

atTMste.

TstalTaiiifasii stacks ....
ladla ooWnii aSoat tor Korope.

BsfclaUaliedStMaaporU .. e^3..^^5
toekia U. B. Intarlartowas.. 200.821
DBItad8tatasezpanst»4ar-

16.603

IMal fMUssapptr

«ii(l

8,00U

10,000

Intortor (tooka.

•zportalo-dar.

16,«>U3

858.000
112,0C0
337.000
678.633

226.000

13.\9<>1

244.000
126.000
411.000

took

174H7lJ

Oe<.29.

Qalveston..

aAoat (or Koiop*
BnaO. *e., bAom....

ft.

TMal SiMt iBdla. *«
TMalABMfteaa

170.000
17,000
104.300
40,000
44.000

en
8«8
B\

8'»

Charleston .
Wilmloj^toa ..
Norfolk

BoMon

8«B
8lj
8>«
B"*

8\

Savaaaah...

B-'a

Balttmors....

9^
8^
8>

Anxnsta

UempUs

....

BULoqis
otnatnnatl...
LmisTllla....

160.4(>0

48.000
35,000

375.300 27.'>,400 610.4JO 4^9,10)
1,486.049 l,6il,0.>4 1,561,824 1,70,770

1,861.149 I.80e,«54 2,063,221 2.263,770
iTtaiblsiappIr
.„„6d.
6Vd.
5H<L
FrtosMld. UpU, UrariKXil....
»»i»4.
10S>i,c.
9Uo.
Vta.
B>4o.
rit«slfld.Upl..Vew York....
The imporu into Continental porta tiiti week have been
aOLOOObalea.
The abore flicnras indicate a deerean in the cotton in sight
MMiigfat of 83.10} b*iea as oompatedwith the same date of
a dscnaat of 900.b75 fanlea aa oompared with the oorrMpoading date of 18(H and a dacrsoM of 403,421 bales as

t^

Un,

eomiMredwith 1888.
At Tnc IimxioB Towns the moremant that is the reoe4pt«
f 01 the week and smoe Sept. 1 the shipmeDts for the week, and
the Mooks to-night, and the same items for the corresponding

—

II
c

%lwl
p

I

I

UM.

I

USS.

8'*

1884.

Har nvrnt-lBte'rU fnm Itt »

1885.

I

38.1»a

lass.

isae.

I

1886.

T;.AM'|il8.niRl|79,0(l3:i70,88B
-

inWust
<>»»JM

—

The above statement snowa 1. That the total receipts from
the plantations since September 1, 1SS6, are l.'V>4,7 33 bales;
in 1885 were 1,579,910 bales; in 1884 were 1,574,673 balee,
3. That, although the receipts at the outports the past week
were 23^,183 bales, the actual movement from plantations was
801,9S9 bales, the balance g^ing to increase the stocks at
the interior towns. Last year the receipts from the plantatfama
for the same week were 313,148 bales and for 1884 they were
'
304,017 bales.

Aboo.vt op CorroH in Siqht Ocr. 29.— In the table below
receipts from plantations in another form, and add
to tnem the net overland movement to Oct. 1, and also the
takings by Southern spinners to the same date, so as to give

Wd give the

substantially the

amount

of cotton

now

1886.

in Ritcht,
lint.

1885.

1888.

RnoMpuattli«|>ortatoOcl.2'<i. I.313,801:l,38S,453 1. 435,830 1,405 907
'
Inteclor stocks on Oct. 29 la
ezoess of aeptember 1
180.93*1 190.4S7| 1S8,848| 237,578

^:
be atwD

the above

I

i

1 ,»•-•'
1

M

bj-

'

';93,485
'

^

lu.ia/i

__,

30,000

l,f.76,373 1,830,820 I.«lf,0«4 1,742,720

221,151'

265,042

273,968

the ilnumue In an
to-nlKht.
oompared irlth l»it jear, la 51.417 ImIix.
tR iy>iu|tarMl with 18>4 li 3i,0 Jl bales and the decnU HiO.J*- bale*.
It will

i

1884.

aS.M8 H.':34 lSa.MI 18<,8»riU 478

185.1lSMl,70«|t8^.flI8 12»,SI|'|>6>.
.,.; 1308,487
trt,*-n'tenj>» tai.4S3 iv.nfrt'a <varr7 ittriMin aoi.oi; Hiaiug auLnBB

Totaltasl«htOot.29

k

8»g

Mt,MS S31.4vra»).»« M/lMli'

Nartb«rn splnnart' taklnn to
Oft •

t 8

8%

8!^

8»B
S's

8»i.

l<*,7n Ua.l183 1M.4A? 4M»7' 7I.HIW
«»S.«»8 i«,i(n iir7.iM' «8.ioe Sfl

s

*rr-*J»;
fip;||;giVi: g?;

•>%

I

ll8.Mt^ll4.S7J 1M.«01
I.MM

S Iff;
i

8»s

UuPurU. \anat ln l
U84.

TM. NSeipts from plantatos
Nat OTsrlan'l to Oct. 1
..
6uattkaraeoD*umpt'n to Oct. 1

O

SOD

9%.7„ 9%»'lg

8'»i«
9>a
8»»
8°g

'

H

8't»»i«

a\
8\
8\
B\
It- 8\
BXCEIFTB rBOM THK PLANTATIONS, —The following tabl«
indicates the actual movement each week from the plantations.
The figures do not include overland receipts nor
Soathem consumption; tbey 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.

,

period of ISatV— IS sat oat in detail in the following statement.

BH

8'S|s

8^

1J9,0(.0

207,000
43.000
104,000
102,000
43,000

8>s
8>«

8>9

9>8«7»

»>*

I,"
8^«

rri.

8»t«

8 "is

8>k
8«8
sag
81i

TKurt.

8»8
8>s
8<«
8>s
SO*

S»7',«
8'»i,

9

PhUodclpliSx

Wednat.

8N

e^a>s

381.000

207.000
fO.OOO

121.000
23.000
81,400
87.000
20,000

8««
8's
SOs

i\

8=8
8>«

8%

RewOrleaDS.

Am*.

8\

8»»ie

UoMle

762, ^47

3U.0OO

ItmMam.I

JTon.

«ai«r.

.1,486,019 1,621,051 1.551,824 1,764,770

TMal Anarlean.

OLOsno qooTATiosra roa miodlimo oottok oh—

Wmk awHiv

234,223
16,0C0

a;i,oi9

tOOK*...
aOoaC for Kuropa...

la

108.000
7.0O0
32.000

2.0i2.-.:2i 2,263.770
fiTllir-r
nrhnr flinnrirtlTrr- irti

170,000
86.000
88 i.OJO
6iJ.5 15
2X).921

_
UatMd
Oanad

."i.lOv

1.961349 1.809,454

Of IkasliBialkslnlslsirf i lawlnas

bales more than at the same period last year. The receipts at
the same towns have been 0,Q')i bales more than the same
week last year, and since September 1 the receipts at all the
towns are 9,6)7 bales mire than for the same time in 1835.
(JUOTATIOSS rOR MiDDLINO COTTON AT OTHEB MaBKBTS.—
la the table below we give the cloainf; quotations of middlinfl
cotton at Southern and other principal cotton markets for ea(»
dav of the past week.

476,OfO
2.200
36,-^00

519

ttukt

817.000
lit

-e
1^

Wbathkb Kefobtb bt Tklbobapb.—Theto
a

fall in

has been quite
the temperature at the South during the week, and

killing frostj are rpp<jrte<l

8

in North -rn Texiis and in many
Riin has fallen in mini distncin, but the
rainfall has in general been light.
Pu kiug continues to make

other

r

good progress.

w

§

t

?
li

;

localities.

r^

s' »-

c.

-

-•

;

O-

m

.

P

^ ,£ a X

."•

!

hundredth?. There has been killing froet on oi.e ni«Iit of tho
weak, but it was confined to the northern half of tlie State.
Ttatthermomet< r has ran);ed from lil) to W, averaging (54.
Sitnttvill'. TVxn.v.— The weather hai been cold and dry all
the week. Picking is progressing finely, Averaae thermometer 67, highest 84 and low. st 42.
DaUfu, reJcai.—\Ve have had cold and dry wpather all tb»
week, with killing frost on one night, aoo<l progres-i ia being
gade
King, The tlurmometer biS aver.ited 08, the

I f
ao— 1— CM e

8—

^

^ffiftfjir*"" T*xai.—U h^s rained on one day of the week,
tbalAuuaUseaQbing twenty-three hundredths of an an inch.
The thermomtter has averajjed 69. ranging from .OO to 80.
Palestine, Texas.— We have bad hard rain on one day of
the week, the rainfall reaching one inch anl tliirty-peven

8

•••

1

anil tho lowot 37.
'*,— It haa raine<l on one day of tho week, the
rainfall reaching twenty-nii^e hiindredlliauf im inch.
Picking
makfp Rood projrress. The thermometer has av<.ra,jed OS, ranc-

n|a<'
«<••

Kaaueegt o
eaK,-<>-»»a

-1

«is-ibi.i«5.»."ib»o — sWebir."-=
ca»-it— tt..i»,asS->-<.S>^oXj»

•

tis

lextu.
«.-.,>.

£

*

i'ltoSO,

i

if

—There has b^en hard rain on one day of the

ralnfjill reaching one inch an I sevi nty-tlnee liunThe thermometer has ranged from 43 to S5, averaging

li,.-

dredths.

Columbia, lexoi.—Vfe have had ni rain

The vbove totals show that the old tntertjr stocks nave Eicking lias made good progre8s.^Av.rug.j
tnenast I during the week 4:j,Ml ualeaacU are to-night 2S,V48
ighett 86 and lowest 43,

all tlie

week, and

iheim.iuiuier 06,

THE CHRONICLE.

520
Ouero, Texati.— There has been no rain

all the week, Picking
proKressinR finely. The thermometer has averaged 70, the
highest being 90 and the lowest 53.
Srenham, Texas.— It has been showery on one day of the
week, the rainfall reaching forty-nine hundredths of an inch.
Picking makes good progress. The thermometer has averaged
67, ranging from 43 to 85.
Belton, Texas. We have had rain on one day of the week,
the ranfall reaching eighty-two hundredths of an inch. There
has been killing frost on one night. Picking continues to
make good headway. The thermometer has ranged from 38
to 86, averaging 64.
Weatherford, Texas. The weather has been cold and dry all
the week, with killing frost on one night. All tender vegetation killed. Ice formed on one night in this vicinity. Good
progress has been made with picking. Average thermometer
90, highest 81 and lowest 39.
New Orleans, Louisiana. There has been no rain all the
week. The thermometer has averaged 63.
Bhreveport, Louisiana, Telegram not received.
Columbus, Mississippi. It has been showery on one day
of the week, the rainfall reaching eleven hundredths of
an inch. Planters are marketing thier crop freely. There
have been killing frosts on two nights of the week. The thermometer has averaged 59, ranging from 38 to 78.
Leland, Mississippi. Telep;ram not received.
Qreeneille, Mississippi. We had rain in the early part of
the week, but the latter portion has been clear and pleasant.
There have been killing frosts on two nights of the week. About
one-half the crop has t)een picked in this section. The thermometer has ranged from 40 to 70.
Little Rock, Arkansas.— Telegreim not received.
•i

is

—

—

—

—
—

—

—

« Helena, Arkansas. —We have had

light rain

on two days

of the week, the rainfall reaching five hundredths of an inch.
There have been killing frosts on two nights of the week.
Picking and marketing progress finely. The thermometer

ranging from 33 to 83.
has rained on one day of
the week, the rainfall reaching six hundredths of an
inch. We had kilting frosts yesterday morning and this
morning. No damage on uplands, but some is reported to the
orop in the bottoms. Picking and marketing continue to make
food progress. This week's receipts are the heaviest on record,
he thermometer has ranged from 35 '5 to 81, averaging 45 '5.
Nashville, Tennessee. There has been no rain all the week.
Average thermometer 56, highest 81, lowest 83.
Mobile, Alabama We have had one light shower during
the week, the rainfall reaching one hundredth of an inch.
"We had frost but not killing frost, and no serious damage
done. The thermometer has averaged 64, the highest being

has averaged

58,

Memphis, Tennessee. — It

iVOL. XUII.

—

Stateburg, South Carolina. It rained heavily on Tuesday, but the remainder of the week haa been pleasant. The
rainfall reached two inches and two hundredths.
had
frosts on low grounds on Thursday but not killing. The thermometer has averaged 61 3, the' highest being 78 and the
lowest 43.
L-wt week there was no rain. The thermometer averaged
64 -g. the h'ghest being 81 and the lowest 47.
Wilson, North Carolina. Telegram not received.
The following staceiuent we have also received by telegraph,
showing the height of the rivers at the points named at 3 o'clock
Oct. 38, 1886, and Oct. 39, 1885.

We

—

Oct. 28. -86.

New

Nashville
Bhreveport...

Vloksburg

from

37 to 83.

Selma, Alabama.

—There

has been rain on one day of the
'week to the extent of one inch. We have had killing frost on
The thermometer
-one night. Picking is progressing finely.
ha/B ranged from 87 to 80, averaging 64,
Auburn, Alabama. It has rained to an inappreciable extent on one day of the week. We had killing frost on Wed-

—

nesday and Ihursday nights. Ice formed in this vicinity on
night.
Average thermometer 63 '5, highest 83,

Wednesday

lowest 34.
have had rain on one day,
'S Birmingham, Alabama.
jmd the remainder of the week has been pleasant. Ther« has
Picking con
loeea. frost on one night but not killing frost.

—We

'tinues to

make good

— There haa been

no rain all the week.
on Thursday night.
The
ithermometer has ranged 65, ranging from 37 to 79.
Macon, Georgia. There haa been no rain all the week. We
the

first frost

of the season

—

liad light frost this (Friday) morning.
Columbus, Ueorgia. We had killing frosts on Wednesday
And ice formed on Thursday night in this vicinity. The thermometer has ranged from 33 to 78, averaging 58."
Savannah, Georgia. It has rained on two days, very
lightly on one, and the remainder of the week has been pleas-

—

—

Average tht rmometer 65, highest 78 and lowest 46.
Augusta, Georgia. It has rained lightly on one day and
he remainder of the week has been pleasant. The rainfall
reached seven hundredths of an inch. First frost on Thursday.
Ticking is progressing finely. Plant -rs are freely marketing
their crop, which in color and quality continues fine. The
The
fall thus far has been very favorable for late cotton.
thermometer has averaged 60, the highest being 81 and the
ant.

—

lowest 38.
Atlanta, Georgia. ^There has been an inappreciable amount
of rain (luring the week. We have had frost, but no damage

—

<lone.

that the shortness of the crop here

ing

is

beginning to manifest
39 to 83, averag-

The thermometer has ranged from

63.

Charleston, South Carolina,— It has rained lightly on one
of the week, the rainfall rear.'rii"'^ one hundredth of an
inch. Average thermometer (6, uighest 78 and lowest 46.

day

6

4

2

1

1

5

S

—

SMpmentt

SMpmentt IKU weth

Since Jan.

Year Oreat Oonti- _ , ,
Oreat
OontiBrifn. nent. ^"tal. Britain] nent.

Beee%ptt.

1

ThU

Total.

Tear.

Week.

1886
132 i.OOO 675,000
997.000 5,000 1,422.000
1885 1,000
1,000 220,000,4(17.000 «87.000 4,000 1,015,000
1884 2,000 6.000 8.000 50;i,000 (138,000 1,141,000 5,000 1 ,572,000
1883 3.U00 lO.OOOi 13,000,46 1.000|816,000 1,277,000 U.OOOl 1.603.000
I

According to the foregoing, Bombay appears to snow an
increase compared with last year in the week's receipts of
1,00C bales, and a decrease in shipments of 1,000 bales, and
shipments since January 1 show an increase of 310, 000 bales.
The movement at Calcutta, Madras and other India ports for
the last reported week and since the 1st of January, for two
"Other ports" cover Oeylon»
years, has been as follows,

Kurrachee and Cocouada.

Tttticorin,

ahipmenti tine* January
Continent.

Qreat
Britain.

Total.

Great
Britain.

Oontinent.

1.

Total.

O^ontta—
1886
1885

1,000

1,000

61,000
59,000

37,000
18,000

98,000
77,000

Hadras—
3.000

1885
otal

1,000

4,000

35,000
11,000

4,000

39,000
11,000

1,000
2,000

1,000
1,000

2,000
3,000

65.000
55,000

48.000
60,000

113,000
115,000

5,000
2,000

1886
1885

Ul others—
1886

2,000
1,000

7,000
3,OUO

161,000
125,000

89.000
78,000

250,000
203,000

aU-

1886
1885

week show that the movement from
than Bombay is 4,000 bales more than same
week last year. For the whole of India, therefore, the total
jhipments since January 1, 1886, and for the corresponding
The above

totals for the

ihe ports other

periods of the

two previous

years, are aa follows:
BXPOBTS TO EUKOPB FBOM ALI. INDIA,
1885.

1886.

BMpmtnt*
to alt

Burope

from—

Tkit
week.

Since
Jan. I.

ThU

1884.

ThU

Since
Jan. 1,

vieek.

veek.

Sine*

Jan.

1.

other ports.

7.000

997,000
250.000

1,000
3,000

687,000
203,000

8,000 1.141,000
10,900 276,100

Tot»l

7.000 1,247,000

4,000

8ao,oo>

18,90o! 1,417,000

Bombay
All

Alexandria Receipts and Shipmknts.—Through arrangements we have made with Meears. Da vies, Benachi & Co., of
Liverpool and Alexandria, we now receive a weekly cable of
the movements of cotton at Alexandria, Egypt. The following
are the receipts and shipments for the past week and for the
corresponding week of the previous two years.
A.leca>iiirM. Saypt,
Oct. 27.

1884.

1885.

1886.

Beoelpts (oantars*)—

This week
Since Bept.

Exports (bales)—
I'o Liverpool
To Oontinent ....

Knrope

...
...

170,000
493,000

140,000
442,000

1

Situe
Thit
week. Sept. 1.

rotft'

—

Albany, Georgia. The weather heis been rather cold
'during the week, with rain on one dav to the extent of seventeen hundredths of an inch. There have been killing frosts
on two nights. The cause of the small receipts this week is
itself.

7
6
6

progress.

Madison, Blarida.

"We had

4

India Cotton Movement from all Pobtb. Tne receipts
shipments of cotton at Bombay have been aa follows for
the week and year, bringing the figures down to Oct. 38.
BOUBAT BBOBirai iLND SHIPUBNTS FOB POOR TBAaS.

—

—

ine*.

13
8

md

—

68, and the lowest 58.
Montgomery, Alabama. It has been showery on one day,
and the remainder of the week haa been pleasant. The rainWe had frosts on
fall reached three hundredths of an inch.
Thursday and Friday, but not killing. Picking continues to
progress finely. The thermometer has averaged 63, ranging

2
4

Above low-water mark.
Above low-water mark.
Above low water mark.
Above low-waier-mark.

fe*l.

6

Orleans. ........Above low-water mark.

HemplUs.

Oct. 29, '85.

1

IncK.

Ftet.

ThU

170,000
473,000
Thi$

Since

voeek.

Stnce

¥>»ek. Stpt. 1.

StpUt.

8,000
4,000

23.000 14,000
9,000 1,000

38,000
5,000

IS.OOoi 46.010 12,000

32.000 15,000

43,000

11,000
2,000

39,000
7,000

1

A oantar Is 98 lbs.
This statement shows that the receipts for the week ending
Oct, 87 were 140,000 cantars and the shipments to all Europe
•

13,000 bales.

Manohestek Market.

—Our report

received by cable from

Manchester to-night states that the narket is firm for both
varns an shirtings, but that the demand in each instance is
i

We

give the prices for to-day below, and leave those
poor.
for previous weeks of this and last year for comoarison.

OcrOBKK

THE CHRONICLE.

30, 1886.J

1885.

lb86.

SKOM.
twuC

SUOam.
UHritngt.
«.

d

6 ae
6i»u-7Tk
a ce
61»,._Tr„;5 « ts
•ri, 5 a aa
7
7i« »7«« 5 7 »a
i;7>« m7\ Is 7i*»a
8 7».c-7"i«5 7"««e
1!S :>•
•TV iS 7'«»e
"i.-7"i«l5 7><«a
S9 7'« •!*» a 7>«»e

a.

#7^

7

6
a
a
7
71*
7>,
7»»
'•«
7»i

d.

»>«

Oottn
JIM.
Upldt

(te.

n<r(iiHr(.

Opt

s

«.

8H

d.

i

d.

«8V

7>»i»»8«u
7>'i(*8^.
Vi, i •8<(
8
4

•SS
•8H
•8^

7«»i.*8»„
J''*

A.

•7
•7
•7
•7
•7
•7
•7
•7
7
97

8

St"

m"

m

—

Chop. The report of the Bombfty Company
{limited) of date September 24 aays
'Tbare bare oreii lome beiry sboweis of rala here lately, bat it looks

East

Ihdla.

—*>«n~f «t>re nearly over. Up eoaotrj the erops r^Miaire more
wklek tkej will, bo doubt, abortlr «et on the nttiDK in of the
.— Ihiiaal monaoon, and the praapeeta of the new ootton orup are so far
-ai If

Ike

rala.

•seaUent."

The following

ia

&

from Meaars. Oaddum, Bytbell

Co.'a

«ireiilar of the aame date
"Btaee dlapatehlnit cor laat eirealar. too day* ago, the weather ap
eeaatry haa. In uii«t i>la4-es, eunUoned floe, and oor report* fromneartir
•U the eotton (ruwiiK distrtria rtale that the prearni hot, dry weather
tea laated Inuf; eoouxb, and that rata would now be beaeflclaL At
ai»e and AbinrtlnuKKor there haa been a good fall of ralo daring the
ImI few dayra, sod crop proapectA in tboae dlatrtrt* cooitnue highly fararaMa ; but all urer Herara and Khaadelsh, as wrll aa In some pans of
the Broach and Obolleradlatrlriii, the want of rain Is now beginning to
be felt, and sboulil the lata bold off maeb longer It Is feared that all the
grawlDg erop« will aoSi-r more or leas. The ootton crop* will prubitbly
•a la tat aCsetad, bat oal-aa rala (alia soon the pmapeeu of the grain
-arapa new growlnc will b e ei'»e very gloomy. We bare bad a few
abewet s of rain la Boaibay darlag the past week, bat at preaant the
weather I* One and bilgbi. with no lodleatloos of an early fall of rain."

B

Jots Birrrs. BAOaiNo, &c— Tne market ahowj bac little
ebaoge and onljr a moderale inquiry ia reported. Orders are
ooming to haoil for amaU lota for preaant wanta, bac there is
not moch call fur large lota. Pricea are nachang^d, though a
•light eaaiaeaa ia noted, and large buyera are obtaining a coaoamoo. The eloaing fl (area are 8>{a for 1^ lb., 7^c for l^^
-lb., 8a for S lb. and 8^c. for standard gnJles.
A moderate

demaod u in pro^reai for butta, and som4 1,500 bales are
•eported taken at l^^l U-lOa for paper grades and 3^(33^0.
tot bagging q J ilitidii, and the
trket oloaas at these figures.

m

OOMPAKATIVB POKT

This statement shows that the receipts since Sept. 1 up to
to-night are now 3,331 bales more than they were to the same
day of the month in 1885 and 15,5U bales more than they were
to the same day of the month in 1884.
add to the table
the percentages of total port receipts which had been reoeived
Oct. 29 in each of the years named.
to

We

SmpPiNG News.—The exports of cotton from the United
States the past week, as vex latest mail returns, have reached
151,380 bales. So far as the Southern ports are concerned, these
are the same exports reported by teleg^ph, and published in
the CHBONIOI.B last Friday.
With reguni to New York we
inolnde the manifests of all Teaaela cleared up to Thursday.
Total balm.
MswToBK—To Liverpool, per steamers Amerlra. 1,345 Baltic,
1.978. ...Britannic,
2.046. ...Hesparia,
3,478....
Hanaboldt, 589. ...Nevada. 803. ...St. Bonans, 4.872....
Spain. 3.'i(>9
Umbrla, 27
18,025
To Hall, par steamer Martello. 3,8*5
3,825
To Havre, per steamer La N.>rman(lJe, 1,862
1,863
To Bremen, per ateamers Rhein, 930
Saal^ 848
1,79a
To Uambarg. per eteamers Polaria, 2,054
Rhaetla, 1,253
Snevla, 1,633
4,940
To Onpenaagen, per steamer Thlngvalla, 99
99
To Chrlstiaaa, per steamer Thlngvalla, 100
100
To Oeaoa, per steamer Clreaasla, 86
86
Haw OKLKAm—To Liverpool, per steamers Andean. 3,200

Anthor, 2.439 ...Callfornian. 2,337
Ooanaellor^ 0,948
Satornloa. 5.800
,.
19,713
|>er steamer Waotau, 3394
3,894
ToBeval. per ateamar Wodaa, 5334
0,.)34
To Antwerp, per steamer Pnnedln. 1,803
1,853
BaTAXKAH—To Liverpool, per steamers Marlon, 0,600
Boawfell. 6.409
13,009
To Bremen, per steamer BeuUmn, 5,000
0,000
ToBareetona. par steamer Elsie. 6.850
6.800
CBAKLkSToN-Tu Liverpool, per steamer Camden. 4310
4,210
To Hnvre. i>er steamer Trqjan, 4.470
4,470
To Keval, per steamer Comnoopla. 3,979
3,979
OALvasrua—To Liverpool, per steamers Almaadloe, 4.798
Cyannaa. 4.017. ...Neto. 4.109. ...Volo, 3,267.. ..WUleaden. 5.461
21,652
To Hsvr«% |ier i-tMuner Triampb. 0.190
'......
0.199
To Bremen, per steamer Weaer. 4.410
4.410
WiuiuiuTua— To Uverpool. per brig. t«an Joan, 1,128
1.128
KoBroi.K— To Uverpool. per steamer Monaroh. 7,038
7,038
WIST fui.TT—To Obent. per steaoMT Qenernl Bobaru, 4,30d.... 4.206
BaLTiHoan—To Liverpool, per steamer Oasplan. 1.623
1,623
To Bremen, per steamer Main, 891
891
BosTOit -To Liverpool, per steaaaan Balgarlan, 3,010
Catalonia. 76a....Kanaaa, 1367
4.643
To Uallfas. per steamer Merrimack. 100
100
Pgn.*n«i,rgtA—TO LiTarpool. perateamer Indiana. 1,748
1,743

To Bremen.

BlOmB AITD UaILT CBOP MOVKHKKT,

oompariaon of the port morement by weeks

not accurate,
day of
themonth. We ha>e oooaaqBen t ly addred to our other atand i n g
li hlaa a daily and Monthly atatamant, that the reader may
ntly have before him the data for aeeing the exact relatiT*
It
for the yeara named.
The movement sine*
Baptamberl. 1886. and in preriooa year*, has been as follows.
'.—A

521

TMaL....

The

parttonlara of these shipments, arranged in oor aaual
form, are aa follows:
CopenMagen,

Hi'sai
Ltttr

vooL
ffew Tark. 18.525
If Orleans. 19.713

*H4t

Bam. Hamh.
1,863

.

1880

ss».Ma

ISM

ns,«49

S4a,«4S

ISSS.

1881.

1882.

ne,6i» 429,777

fWe^tagaof tec port
07-00
09-10
0718
07-M
0S-i3
Thia atatement ahowa that ap
the reoeiptB at the
Sept
«orta tUa ymr wer« 9e,488 bales laaa than in 1885 and
ea
1I.7S8 balaa laas than at the same time in 1884.
The
xvoFipta aiDoe Hepcember 1, 1888, and for the oorreaponding
penod of thi* B*e prawiona years hare b>an aa follows
raeatpts 8ep«. »0.

I

M

10841

a69.MS
1043.

Tn.sp.ao

1880

380.M2

^

1....
«...

17.1 we

31.731
27,7S

8

2-3.429

-

4...

«

S....

S74S8
sa<w7

Oa(.i....

"

• ••„.
- »...

•
"

t7.««&

ilAMO
S«,91ft

"

S...
•....
10...

-

11

42,830'

33.814
a.

•u...
« IS....

44.Aa8

-

40.AI3
S0.t4S
S4,4a8
a
8«,soe
06,171
S2.218
40,0 iS
4434)1
87,031

«

n.i8i

14....
!»....

IS....

- 17
•
-

IS....
!»....

-

10....

•«....
-St....
- «....
• M....

S.

B.

S4,401
SI.3I8
24.039
31,443
44,078
29.879
8
44.410
40,904
S0.70O
33.343
47,^49

18S4

1883.

1881.

3S0.«tS
23.830
23,0«0

343312
SS3SS
S3363

326.606

439.777
19.012

30.081

8.

33311
22390

33,430
84,980
33.290
27.124

2.^.177

36.637
27.147
20.030
33.398
43,061
33,710

B.'

40.640
37,^00

28323

1883.

8.

24.321

48,669
•9.786

01309

34317

29,984

30,010
09.407

B.

20.140
33.469
36,417
21.231
B.

00.480
36.003

S2320
B.

49..M9
27.136
39.133
32.864
46.401
33.340

37318

08319
31331

B.

42,480
24.839
26.909
26.244
39,805
36.144

§5398

a.

31.680
31.156
39.117
01.128
30.950

43.818
21.811
23.202
33,864
44,140
30,998

B.

3».•.^e

S.

4i.a20l

04.097

3S.46>

8.

38378

01.464
49.C07

B.

40349
00380

60,700

34,737

37.7a9<

43333

&

37,434
40,740
30,301

30,977

61,481

8.

44.14.)

29.1tf4

49.133

B.

81.724

30,060'

33,.^7;<

42.631
26.410
33.291
24.910
52.422
29.391

^a. ...

tS.4SS

B.

30309

3033&

- «•....

4SJ0t

B.

63.078

"

17....

UJf*

S0,»«8
43,343

03,273i

313 »1

3S33'>
40,620
00,000

-SS...^
-to....

40bBS7

414SS

8.

39.l6!l

43M6|

37,440

40,711
32,430

01308

B.

Total

1.343.801 1.840.470 1,328.287 1306.930 1.306.211 1,328,102

ranaatag *

of UKjti
»«r»r-<.'r '-(Vt. ?".

74-»4

2T-<lt

3«-«o

131380

.,

is

a the weeks in different jtmn do not end on the same

in-ni

t'I'OS

Savannah.. 12,000
4.210 4.470
Ualv«aiOB. 21.602 0,199
Wilmlngt' n 1.128
VorfolK ...
7,038
West Point
Bsinaore. 1.623
Boston
4.643

6.738
S.S94
0.000

Cbarlaston.

Phlladel'la.

Total...

aUritliana,

hnal^

Baree-

Hofi-

OheiU.

lona. fhnoa.

199
7,387

86

IMai.
31,180

80394
6.S0O

3.979

4,410
4,306

891
100

1.743

33,959
12.639
81.281
1,138
7.038
4.206
3.514
4.743
1,743

92.28111.53120.933 15,771 6.950
86
109 151.380
New York are 3,820 bales to HulL

Included In the above total from

Below we add the clearanoea this week of veaaels oarrying
ootton from United Statea porta, bringing oor djUa down to
the latest dates:
OiLVCSTOK— Fur Havre— Oct. 23—Steamer Angerton. 8J7,
Msw OBLAaaa— ror Liveroool -Oot. 33 Btaaiaara Oovamor. 5,000;
Nssmytb, 3,921. ...OoC 20-dteaaMrsMaya«iiaa, 2,451; TaoaUn,
0,40 J.

For Havre—Oet 25—Bteamar Oaogaa. 6,375.
for Baroelona—OoL 2^- Bark Yotadora, 1,611.
Por Oanoa—Oot. 30 -Steamer Bata«htre, 2,365.
SAVAiniAB— Par Uverpool- Oot. 25 -Steamers Etna, 6,685; WjlvistOQ,
4,450.

Obablsstosi— For Havre—Oet. 33-Bark NelUe T. Oosst, 2,955.
Por Baroetaaa—Oet. 83-Staaaier Pedro, ^896....0jt. 2tl—Steamer
Tripoli, 4370.
WiuiiaoTO!!- Por Liverpool—Oet. 23—Steamer Elstow, 4,603. ...Oot.
35 -Steamer Banownta, 5,177.
VnvouK- Por Li verpool-<>at. 26 -Steamer Benbraok. 6.371.
»>rfoT-roT Uverpool—Oet. 90—Steamers Bavarian, 690; OepbaIoiU%
5.^.. ..Oot 25-«leaaiar Bomaa, 2332.
Por Annapolis—Oot. SO Steamer New Bmnswlok, I
Por Tannoath—Oet. 25—Steamer Dominion, 29.
BALTiKOKS-rte Uverpool—Oet. 19—Slaamw Mentmore. 3.175.
PUU.AOSLPHIA— Por Uverpool—Oet. 2a-8teamer Lord Uough.
For Aatwerp-Oot. 2e-a(eamerNederlaod,
.

—

Below we give all news received to date of disasters to ves*
sab carry ootton from United Statea porta, ftc:
LAaoASraB, steamer (Br.)-Oa Oct. 13 the sterndorea flnlshed dlsobarg •
tag the damaged eargo of stetmer Laneaster, at 8 trann th, la dlatress, and a board of survey w^a oalled.
T i« b<>.iril examined tbe
vessel tboroogbly, bat no oonoliuloa liad Oeva mail» pui>llo. The
cargo waa being sort-wl, and when tbe work was dolsbed a aorvey woald be held on tbe ootton.
Tas <)DBB!<, steamer (Br.), from New York, arrived at Liverpool Oot.
^3(1.
Oa tbe 25ta tire broke out amoux some ootton stowed on the
steeragd daek In No. 2 bold. Tbe flro was eiMagulahed after tbe
sblo waa fliled with water and muob damage waa done to vasiel
and ejrgo; damage estimated at over A iO.O M.
VaB*la!IU, steamer (Oelg.), from New York Oot. 23, for Antwerp,
retarned to New York on tbe 24tb, and roporced that at 9::i0 A.M.
on the 23d when east of Plre Uland, the after seotina of the shaft
gave way. Ibe Waeslaod was taken In tow by tog Zouave, and
witb the aid of two addliloo'il lagi which fell In wUh her olT Uis
lightship, was towed back to her dock.

Ootton freighta the past week have been aa follows:

THE CHRONICLE.

f522
Batur.
ZiTerpool, steam

Do

aaU...<t.

Bremen, steam.. e.
sail

'iT

•is

e.

Hamburg, steam, c.

Do

sail

BeTft],

Do

*1«

'xe

'16

BO*

50*

BO*

e,

Amst'd'm, steam

Do

>'£4»'l«

'><14»'l

d.

sail

Do

»'il»»l«"8«»»W

\

Havre, steam... <f.

Do

IW

n«r<.

Wednet

Tu€t,

11 64

d.

45*

e.

50*

sail... e.

steam

d.

sail

*32®^16

d.

H

Baroelona.steanid.

Genoa,eteanL

»a2®5,g

•sa

iSe4»'4 "ei»'4
ISai*"* "64**4

d.

«lfl

7,2® I4

"84»'4
"«4»'4 15b«»H

16,4 3 "4
"4

"4

steam ...d.
Antwerp, steam. d.

Srleste,

^16® ''.IS 3l«*'33

3j8i»732

ZUn

[Vol.

under quieter foreign advices,
attended with a smaller business for export, the latter have had
the advantage, and much of the advance of last week has been
lost.
The large visible supply has been an element of weakness, and it is felt on all sides that it is quite necessary to keep
the staple moving toward consumption at the best price to be
had. Yesterday the Produce Exchange was closed, but there
were some dealings on the Street at better prices, on warlike
rumors from Europe; but to-day there was a sharp decline
and an unsettled closing.
OAILT OLOSraO FRIOES OF NO. 2 BBD WINTER WHEAT.
Tue*.
Sat.
Hon.
Wed. Thun.
Fri.
In elevator
84
Si's
84
Novotiiber delivery
84'8
86
S5'4
8i'4
8414
b
December delivery.
... 87^8
87>a
8578
Innnarj- delivery
88°8
Bit^i
88
37'«
87%
February delivery
89
n
at times been very fierce; but

b5'4

delivery

M.u,y

Si's

93^

937g

9338

*

Per 100 lbs.
litTEBPooL. By cable from Liverpool, we have the following
statement of the week's sales, stocks, &c., at that port. "We
add' previous weeks for comparison.

—

Get.

Oct. 8.

week

63.000
5.000
2,000
40,000
4,000
6,00c
348,000
183,000
26,000
23,000
123,000
93,000

bales
Dt wblcli exporters took ....
Of which speculators took
Sales AiiK^noan ..............
...
Aotnal export.....

fales of the
.

Forwaraed
Total stook— Estimated
01 which American— Estlm'd
Total Import of

tlie

week.

Of which American

Amonct afloat
Of which American

—

15

0C1.2Z

53,000
4,000
2,000
44,000
6,000
7,000
316,000
150,000
28,000
18,000
20.5,000

180,000

50.000
3,000
1,000
41,000
6,000
10,000
310,000
170,000
103,000
84.000
227,000
209,000

f 0,000

4,000
2,000
47.000
4,000
11,000
294,000
134,000
46,000
37,000
239,000
223,000

The tone of the Liverpool market for spots and futures each
day of the week ending Oct. 29, and the daily closing prices
of spot cotton, have been as follows:

Moderate
Market,
demand.
12:30 P.M.
5 14
Upl'da ....
Mld.Orl'ns.
538
Hid. Bales
7,000

8'4
638

Bpeo.&exp.

500

53,8
538

53,8

10,000
1,000

8,000

500

500

Easy at

Quiet
Dut

Steady.

Easy.

Steady.

steady.

Market,
4 P.M.

Quiet.

at

5:<8

Firm at

vance.
Quiet and
steady.

Steady.

Quiet.

Barely
steady.

The opening,

highest, lowest and cloemg prices of futures at
Edverpool for each day of the week are given below. These
prices are on the basia of Uplands, Low Middling clause, unless
otherwise stated,
Tin prieea are given in pence and 6UI11, thus: 4 63 meant
* 83-64(4.. anil r, 01 nuinnn 5 l-S4(J.

BT

8at.. Oct. 23.

Ovm Biih
d.

Blan., Oct. '2S.

Lov). OlOB.

d.

5 08

5 09
4 AS

4 60
4 5U
4 61)

460

Feb.-Marcb

4 61

461

Mar.-Aprll.. 4 0:!
April-May., 5 00

4 6^

4 61
4 63

d.

i.

(J.

October.... BOS
Oot.-NoT.... 4 63
4 60
Koy.-Deo.
4 6a
Dec.. Jan
Jan.-Feb.... 4 5U

open Htsh Lota.
d.

Clot.
d.

SOS

510 510 3 09

4 63
4 60
4 59

4 63
4 60

4 63

4 59

4 6l)

461

500 500

4 61
4 63
5 02

5 03

5 03

504 504 5 04 S04

Wedne*., Oct. 27.

Thnrs., Oct. US.

.

Hay-June

.

SOS

4iS

5 00
5 03

4 59
4 £6

4 62

4 60

4 60
4 60
4 60
4 61
4 63
6 02

4 59

5 09
4 63
4 60
4 50

4 59

4 39

461

4 61
4 62
5 01

4 63
4 60

4 02
5 01

30^

Rye

d.

d.

TueH., Oct. 26.
Op«n Biah Low. Clot
d.

*,

808 5 06
4 62

4 62

d.

5 08
4 62

4 02
4 59

458
4fS

4 59

4 59

461
5 00
5 03

4 59
4 01

4 59
4 6)

461

500 5 00

5 00
6 02

5 0J

5 02

,

4 62
4 59
4 58
4 38
4 59

4:8
4»«

.

iiOO

5 00

4
4
4
4

.

6 02

6 02

502

Feb.-March 4S9
liar.. Apr .. 461 4 61

Apr.'May
Hay-June

4 6J

58
59
61
03

Open

Htgli

d.

d.

d.

d.

d.

6 05

iiii

5 08
4 63

4 59

4 60

459 4 60
4 59
4 60

461

4

4i!;(

6 to
6 03

5 02

6.i

4 60
4 81
4 63
6 02
5 04

Frl., Oct. 39.

Olot

d.

07
62
58
58
4 58
4 59
5
4
4
4

4 62
4.^9
4 5H
4 59
4 60
4 62

500
6C3

5 00
4 63

460
4 80
4 60
4 61

4 63
5 02
6 04

6 08
5 01
4 61
4 01
4 61
4 62

501

6 06
5 01
4 61
4 01

4 01
4 62
5 01
5 03
6 05

Low. dot
d.

5 05

463
460
4 59
4 69

401
4 03

d.

5 05
4 63
4 00
4 69

ii»
4 61
4 63
5 01
5 03

5 01
5 03

Fridat, p. M.. October 29. 1886.

market has been without important change in
prices during the past week. With the check to the advance
in wheat the d(.mand for its product fell off yet supplies
being quite mo erate there was no pressure to sell, and a betflour

;

ter supply of

fi

ei^ht

millers fully employed.

The wheat

room

for the

West

48>«
48'8
6038

4-il4

3^38
Si's
3038

32>fl

32ifl

3314

333a

34

3i

30'4

S6'4

32%

.=-•

33%

2
3
W

34ia
36's

quiet

No.

1

The following are the closing quotations:
FLOOR.

00» 2 70 Southsm buker"'*""
family bi'ds. 9bbl$3 40/» 4 85
2d« 3 00
7i9 3 15 Rye Uour, Buperiioe.. 3 15» 3 40
25» 4 50
Fiue
2 308 2 60
>^'intershlpp'gertra8. 2 8j'» 3 2.i Corn meal—
WwsMra, Ao
WurterXX & XXX.. 3 4>a 4 55
2 35l» 2 85
Brandvwiiie. .to -. 2 8')'» 2 90
PatAiots
4 25* 5 O.J
oithamnnoers
2 6K'» 3 00 B'kwu'[,lloiii-,^ lOOlbs 1 703 1 80
Soutb'uoom. exLtrae.. 3 10a 3 35

Fine
^Jbbl. $2
Saperflne
2
spring wheat extras. 2
Uiun. clearandetra't. 3

,

|

ORAtN

Wbeatbn^h

»

Bre—Westerr.ip

busb. ..
State and Jersey
53

89
83

•
O

57
• 34
3413 » 38
Wblte
89
32 » 33
No. 2 mixed
No. 2 wilte
36 • 37
88
46111 Barley-New Canada 72 9 78
t\2
4514 » 461a
Now Weatera
9 72
Peie- Canada
45 a 47
66
45 a» 47
Buokwbeat
50
48 « 52
WhiteBonthem
46 « 43
Yellow Bouthern,
The movement of breadstuSs to market is indicated in tb»
statements below, prepared by us from the figures of the New
first give the receipts at Western
York Produce Exchange,
l.*ke and river ports, arranged so aa to present the comparative movement for the week ending Ooc. 23, 183S, and since
July 24 tor each of the last three years:
Bprliig,per

Spring No. 2. new
Bled winter, Mo. 2
Red winter
Wblte
Corn— West, mlxud
West. mix. No. 2.
West, white
West, yellow

7.1

82 'c
34i4»
75 »
80
4< »

Oats— iMixed

30

8.i',

.

We

ot-

Com.

Wheat.

Flour.

Oau.

BbU.imiis Bvmh.ao lbs Au?i.56 lb» Bmh.32

Toledo
Detroit
Cleveland
St.

Louis.

638,825

88.149
38.100
7,593
4,095

Ctaicago
Mliiraokee...

...
...

151,565
233,741
39.815
163.560
14.000
786,441

21,756
2,223

Peoria
Duiutta

Tot.wk.'8«

Same wk.
Same wk.

167.000
263,li6

'86
'81

403.113
131,203
3,000
33,001
4,500
172,199
27,000

1,282.009

828,023

l,180.b01

••39.214

78,432
40,501
11,700
SOt.OTO
803,850

2,214,303

6,082

1,820.629
l,808,3J4

2,633.518

Rve.

aiMh.481IwiftMh.5a 16.

731,100
38,230
3,833
51,731
39,000
161.755
253,400

1,173,598
12,430

286.5.56

Sarltv.
a.-

18.410
6,820

4,473
3,500
10,069
8,000

64,272
1S1,82»
184,189

Indies kept city

To-day the market was very

dull.

luarkt thus rtflected great activity in the specuative dealings. The struggle between the bulls and bears
has

259.186

4,062,19*

1,252,025

1,823.908

709,439

1888
1865

S,375.4<'S

28,820.8-5

24.4S0.S8S

8,209.180

904.742

2,015,630

88,180.954
24,783,22?

25.018.811

ai.2.35.F61

2,1105.473

44.464,581

24.47.%662

i;2.12j.226

4.S72.910
4.C05.^^5

1,2;.7,1S7

1H«4....

5 03
5 05

BREADSTUFF S.
The

47 >e

.

508

4L8 4 5» 4 08
458 4 58
4 59 4 58 45S
4 58

Low.

6 05

d.

October..... 608 5 08 S07
Oct.-NoT.... 4 62
MoY.-Deo. . 4 59
Dec.-Jan.... 458
4 08
Jan-Feb

0pm Bigh

47 4i

Buckwheat sparingly offered
and nominal.
met with only a moderate demand, but to-day
Canada sold at IQc. Barley malt is nominal.

Becetpte

Open Biih how. Olot

45%

i
a

40%

47=8

Bfirlpy has

l.B4adyanoe.

l-«4 ad-

32H

Sa^g
3358
3438

500

Steady

1-Bi decline.

4rt»a

aelivery

Oecember deUvery
Jtuuary delivery

8,000

538

481^

48'a

2 MIXED CORN.
Wed. Ihur$.
45 >«
454

Tue*.

50
50
49^
4y%
H
Oits opened the week active and firmer, but have latterly
been dull and drooping. The wet weather has been unfavorable to the local trade, and speculation baa shown little spirit.
To-day the market was firmer, but quiet.
DAILT 5-OSIXO PRICES OF NO. 2 OATS.
Sat.
lion,
Tuen.
Wed. Thun,
Pri.

Freely

fSUuret.

Market,
12:30P.M.

Fobruaiy delivery

May

otfered.

53,8
538

7,000

8,000
1,000

.

Pressed
for sale.

offerings.

DAILY OLOSINO P&IOBg OP NO
Sat.
Mon.
4«
November delivery
46
47 13
47Jfl
December delivery
.1 luiiary delivery
48
48

Miiy delivery

Fndai..

Thurid'y.

Fair
business
doing.

Dull.

Steady.

demand, with only moderate

November delivery

Wedna

Saturday Hondty. Tuaday.

Bpot.

India corn has continued to sympatbiza with wheat, as it
has done for some time past, but tiie export demand was better
sustained, and the decline in values comiiantively small.
There have be ?n small offerings of the crop of 18S6, audit is evident that it will be marketable nuch earlier than usual. Today the market was rather firmer, on the rather full export

SinceJiUvii

2,501,339

The receipts of
week ended Oct.
At—

New York
Bjston
Portland...
Montreal

flour and grain at the seaboard porta for the
23, 1886, foUow:
Oal»,
Barley,
Flour,
Wheat,
Com,
hugh.
bitsh.
fynah.
bush.
hbU.
omh,
l.=>l.6t)9 l,2.';8.oiw;
i^is.''n6
413,308 211,955
2,842
70,d31
30,705 251,916 llG,7o9
8,722

23,366

Pbiiadeli'bla...

lft,o41

Baltimore

74,972
4,625
9,816

Kichmond
NewOrleanB...

144,965
100,325
144.914
41,094
12,372

62,669
40,0-2
81.588
15,;-i75

191,727

14,925
T2.9,')5

43,U10
98,400

42,89-5

7,933

6,705
71,810

50

Totalwpplt.. S.10,923 1,732 975 1,134.423 740,35f rfi2,9S7 10,825
Oer.W««k'e9.. fL32,452 865,278 l,192^aij 906,795 670,174BS9^S29

October

80, 1886.

THE CHRONICLR

|

Tbe total reoeipa at the nine ports for the period from Dec.
SI, 1885, to Oct. 33, 1836, compare as follows for four years:
18R3-94.
1884-8S.
1382-43.
t86!;-l98.
10,456,000
11,218,(9 j
Ilonr
bbU. 10,7&8,t33 ll,0ll.34j

WhMt

bub.

58.003.23

'

3<.3!>2.5*9

T.'i.'iTi.lJ.i

27.S3l.Odl

3tJ.4')7.H3

3,«l7,03i

3.4lO.'»»i^

^SU. ••I'i

&lt,'27i>

U6J.2)3

3.1 18.12 <
4.6:25,032

5-<.7i'6.20^

673U5.199

...

.

Br*—

39.713.7.V2
72,090.1)0

37,040.669

OMa.._
Oata.
Barlar
•

5.3.859.rv!8

162,630,312 153.2 >0,d4S 131,673,069 103,134.735
Tbe exports from the aereral seaboard ports for the week
anding Oct. 23, 1886. are shown in the annexed statement:
Wktat.

Obrm.

BhmK.
504.M87
90,600

MoatiMl

But\.
541.283
16 031
82.306
1H4.3I3

railadaL

7t».165

BalUm'n

84.093

fiSS^
VawTart
Boston...

H. Maw*

v.

rumr.
BbU.
98.«W»
70.961

Btuk.

Stuh.
2,5€8

»••••

.....

,

28,026

&1.&44
7.2tP
107,191
152.441

9.047
1.214
32.775

991,191

913,952

3iMT7

627,431

100,333

391,371

-•a

••-.

x9,970

200,155

Orfiu

»!.%

S-B«ttme

1MB.

89,772
1.169

143,193

m

Hie Tiaibte snpplj of grain, oompriMng tbe stocu
granary
•t the principal points of aocnmolatiaa at lake and seaboar J
aodin

ports,

transit

Imtltnml—
aw Ton
Do

by

rail

btu*.
11.0U0.7S6

301.000
11.000

Albaaj.

and water, Oct.
Oom,
tkUM,

33, 1886

buak.
btuK.
3,97',019 1.593.611
74.700
75.OO0
86.4 K)

:

BarU*.
hutk.

5^,596

6».710

8.6O0

1.^

ouo

3,81 t.«l«

«,7U

S»,tt07

213,3U0

4,012.I»78

973,140

133.(23

677.3 J3

3428

199,666

afloat..

Do

349,235

•.190.476

Do

aOoat..

3,701.-96

Do

allir>t ...

93

>

7.405 jJi

Dalata

Do

3.1

afloat

Tolnla

4.041.181
1.840.973

DMratt

Otwuto
Bt-LouU
OUolBBaU

31.015
68.f«0

163.942
32.498

3i,239
4.^0

110.000

13i>.UuO

^640,493

993.618
26.000

10.2O0
36,766
4S,0UO

397,16!l

930

313.400
209.^.M
I

t.Oou

26,(14-<

164.0-!7

Si677

27,492

15.963
4.4M>
6.306

8,151

3 933

81,0*0
3(5,400

TM.Oet. S3, 86
TacOct. is.'aa.
TofcOet 84.'aM
SM.Oet. 3'-,'84)

^.361
.901
.

.

:.

....

.

.:;..94

Provideaoe apecalarors
Outside apeoolatora (eat)

~43V

8

54

62i 0..

1.
...

,

.JU

Oct. 25,

Oel. 27.

1385.

1884.

1883.

333.000

4U,<>00

26.'^,O00

37ri.000

103,000
233,000

260,000
160,000

3<>S.0<>0

2.'i6,000

150,000

60,000

105,000 1,02 1,000'1.242,000
652,000
in light and irregular demand at first

Printed calicoes were
hands, but there was a fair business in white goods, quilts,
scrim curtains, crinkled seersuckers and woven cotton dress
fabrics adapted to the spring trade.

Domestic Woole.n Goods.

• •.>*.

8,280

w^

1886.

25,000
28,000
42.000
10.000

FiUl River maoafaotarers...

87,204

•••a.

411

RlobDi'd
Tot.

Buth.
3,029

FIOM.

Oct. 24.

Oct. 23,

mode 0/ PHHt OloUu—
Held b7 Provtdeooe insDarrs.

Total (took, (pieces)

J^

OaU.

in a great measure the current production of tha mills, and
tbe tone of the market was buoyant and stron;;. Print cloths
were rather quiet, but stocks are eo exceptionally email that
prices ruled very firm on the basis of 3)^c. for 61x613. and 3,^0,
Stocks last Saturday and for the three previous
for 56x60j,
years were as follows :

4,450.4*0

Total craln

523

—The

market for woolen goods

has lacked animation as regards new business, but there was
a good steady movement in light weight clothing woolens on
account of former transactions, and prices rem-iip steady.
There was considerable inquiry for heavy cassimeres, overcoatings, &c., by the wholesale clothing trade, but their vtewa
as to prices were in most cases too low to be entertained by
holders, and comparatively few transactions were therefore
reported in this connection. Cloakings and Jereey cloths were
in Ufht and irregular demand, but deeirable makes are
steadily held. Kentucky jeans and satinets ruled quiet and
steady at unchanged prices. Wool and worsted dress fabrics
(for women's wear) were quiet in demand, but agents continued to make fair deliveries in execution of back orders, and
prices remain lirm all along the line. Flannels and blankets
were lightly dealt in by package buyers, and the jobbing trade
in these goods was unfavorably influenced by the mildness of
tbe weather, but prices are firmly maintained. Carpets ruled
quiet, and there was only a moderate business in wool hosiery,
knit underwear and fancy knit woolens.
FoREioN Drt Goods continued quiet in first hands, and the
jobbing trade was of strictly moderate proportions, but stocks
are not rednndant as a rule despite the largely increased imports this season, and such fabrics as govern the market are
generally steady in price. The auction rooms have presented
few offerings of speciil importance, and tbe prioe* obtained at
pabUo sale were mostly in buyers' favor.

iBBportatlona of Drr Oootfs.
of dry goods at this port /or the week
ijodlng Oct. 38, 1886, and since Jan. 1, and the same facts for
the coneapondiuc periods are as follows:

Tbe importations

3J.23l.>«(t
6.7«t4.:>65 4.5>S,5l7
Tou.'.iils l,>>4<.6«2
TSfcOel. 37, '83» 30,610.362 10,531.544 5,366.441 3,374,614 l,)U4.8i54

aaflt. Paul sot iBcluaod.

->

'o

n

c

p

;

J

•

;

:

:

I

1

Hsw Toaa. Prtdar. P- V-. Oet. 29, 1896.
in the wbolcaale branches of the dry goods trade
comparatWely light tbe past week, owmit io a m'siure to
tbe nnsMMOBable mildness of tbe weather, which hai militat''d
•gainst the demand for consumption. Thnreday was prscti
«ally a holiday, most of tbe oommlssion bouses and some •
tbe principal jobbers hBTlng closed their »t >r«a on that d >y
lew of the crreaooniee attrading tbe anreiling of the
Bartboldi Statue. Another disturbing ioflaeooa was the pending election* wbicb abMrbed tbe attention of many mrrchantt
end altogetber the bosincMof tbe week was spasmodic, irreg!
niar aad moderate In the aggregate.
Tbe tone of the market
oonHnnse very firm, and auch prioe obaages as occurred were
•U in an upward direction, owiag to the rcUtively Bmsll
tocits on hand, and interrupted production at some of thi>
manufacturing oentres becaoseof atiikas and resultant " lock

i:

^

'^'-

S

«

THE DRY GOODS TRADE.

*

:lis:T

I

vv>
u-oc

'i-'ixb»

*ii?5s

w. A_

m L, m

X X -x — o

m

oats" St the millj. Collections are reported fairly good In most
eetioas of the country, but tbe juboiag house of Shlpl-y,
Daisy ft Co., Cincinnati, has been obliged to ssk an est»n>ion
from tbrir cTpditors, which was cheerfully granted because of
the aadouKt»] integrity of tbe firm.
Dojoanc Corroa Goods.— The exports of domestics from
tbis port for tbe week ending October 26 were 2.80 1 packages,
Including 526 to Great Britain, 483 to Chili, 864 to ArgentintBapoblie, S« to Haabors, 230 to Htyti, 193 to Saot-) UjBingo,
to U. 8. of Colombia, 121 to Uruguay, 111 to
Bfaafl and smaller parcels to other destinations. The demsn<l
far staple plain and ooiored cottons at first hands was only
bat there was a good steady morement in moat deoa aooooiit of former tnoioctiooa, which absorbed

m

»

;j

*

-

X

O&^J

*»

I

—

a » .J K u
*

e too

I

-

-

•"

I

I

5

tp -

V-

au

I

-

———

t
i: -w

^CB
SOI

-j>

« s »o

-i-DVX'M

I

^(ocowoa
ODWX'X^J

r: (C :*

*J«

u
O r. — cr 4- j<
^C^ 6
7.

iFlO

H

ta*
a
odh t

« *- » M

XJ

-

D

U KM
*aor "xo
ij>

CO

S -i -

.^

»-XOUiCy
-1 fC

— ca'Mia
»a ^ C3.M<

b
Cl

k

1

s

-is
14

.J

^
J

i»
>

5

o

I

!?£=•

9^

f

0« HWAUa

-4C-

55

a

a »

Vl»
5( 5-1

I

1

1

5-:

Oi'iol^'ftti

I

I

THE CHRONICLK

524

1

^arm

^rast Companies.

^vnst ©ompatiieB.

Metropolitan Trust Co., Union Trust Company
OF NEW YORK,
New York.
MlUu Building, 35 WaU

Vou XLHI.

l^avtQ^XQts,

EQUITABLE

St.,

PAID UP
m

'

CAPITA!., $1,000,000.

a leusl Depository by oi'der of 8nBeslitnated
Court. Receive deposits jf money on interest,
«ot &s tiscal or transfer utient. or trustee for corporar
tlODB, and accept and execute any legal trusts from
p«notis or corporations on as favorable terma
Other similar companies.
lUI.I.nonSE, President.

promo

m

THOMAS

FRKDBltlC

1).

WALTBK J.

TAPPKN,

&

Deposit

COMPANY, OF

BALTinORE.
. S300,000
82,000.000

Cnpltnl*

Authorized Capilal»

Anthorixed to act an Executor. Administrator.
Guardian, Heceivcr. or Trustee, and is

A LEGAIi DEPOSITORY FOR MONBT.
Accepts the transfer agency and registry of stoolcs
and acta as Trustee of mortgaffcs or corporations.
Takes charge of property, collects and remits interest and income promptly, and discharges faithfully the duties of every trust known to the law.
Money rect-lved on deposit. All Trust Assets kept
separate from thoseof the Company.
Burglar-proof Safes and Boxes (having oliroTne
Steel doors) torent at$lO to$lOO per annum in their
new and elegant chrome steel FIRE AND BURGLAR-PROOF VAULTS, protected by improved

Time Locks.

Wills kept in vaults without charge. Bonds and
Stocks, Plate and all Valuables securely kept under
guarantee at moderate charges. Paintings. Statuary, Bronzes, etc., kept in tire-proof vaults.
JOHN GILL, W.W. SPENCE, L. C. FISCHER,
Treas. & Sec.
Vice-Pres't.
President.

DIRECTORS:

W. W, Spence,

Louis McLane,
Christian D evri es Robert Lehr,
C.Mort'n Stewart W. A. Tucker,
Robert Garrett, Jas. Carey Cktale,
Chas. D. Fisher, Oliver A. Parker,
Geo. P. Thomas, W.U.Whitridge,
O. H. Williams, J. A.Hajnbleton,
Thos. Deford.
Andrew Reid.

JohnE. Hurat,
Stewart Brown,
W. H.Blackford,
E. A. Jenkins,
Bernard Cahn,
J.WiIlcoxBrovrn,
Alex. Frank,
John GiU.

THB
ProvidentLife&TrustCo
OF PHIL.AI>EL.PHIA.
Incorporated Third Mo.,
22d, 18«5.

(CHARTER PERPETUAL.)
CAPITAI4
$1,000,000
ASSETIS $15,6£21,530 63.
INSURES LIVES, GRANTS ANNUITIES, RECEIVES MONEY ON DEPOSIT, returnable on de-

fal performance of which Its capital and surplus
fund furnish ample security.
All trust funds and investments are kept separate
and apart from the assets of the company.
The Income of parties residing abroad carefully
Collected and duly remitted.

BAM'L

R.

SHIPLEY,

President.

WISTAR BROWN, Vice-President.
AgA S. WING. Vice-President and Actuary.

T.

AND 613 CHESTNUT STREET,
PHIIiADEIiPHIA.

611

$1,000,000
Anthortzed Capital
BOO.OOO
Paid-up Capital
Acts as Executor, Administrator, Assle:nee, ete.,
and executes trusts of ever j description known to
4J|p law
All trust assets kept separate from tho^e of the

Company.

Burglar-Proof Safes to rent at $5 to $00 per annum.
Wills kept In vaults without charge.
Bonds. Stocks and other valuables taken under
guarantee.
Paintings, Statuary, Bronzes, etc., kept in Fire-

Proof Vaults.

Money received on deposit at interest.
JAS. LONG. Pres't. JOHN G. READING, V.-Pres't.
M AHLON S. STO K K8, Treasurer & Secretary.
D. R.

PATTERSON,

Trust

Officer.

Directors.— James Long, Alfred
Wright, Dr. Charles P. Turner,

S. Gillett, Josepb
William 8. Price,

John T.Monroe, W.J. Nead, Thomas R. Patton.John
JQReading, Wm. H. Lucas, O. Hayes Agnew, M. D.
Jos. I. Keefe, Robert Patterson. Theodor C. Engel,
Jacob Nayler. Thos. G. Hood, Edward L. Perkins,
William Watson, PmLAi>ELPUiA Samuel Riddle,
;

Glen Rii>dlk. Pa.; Dr. George W. Reily. HarrisBT7RO, Pa.; J. Simpson Africa, HtiNTiNGi>ox; Henry
8. Eckert. Rkauino; Edmund S. Doty, MifflinTOWN W. W. H. Davis. DoYLKSTOWN R. K. Monaahan. West Cuestsk.
;

;

Tlie Brooklyn Trust Co.,
Cor. of Montague and Clinton

8ts., Brooklyn,

N.Y.
This company Is authorized by special charter to
act as receiver, trustee, guardian, executor or administrator.
It can act as agent In the sale or management of
real estate, collect interest or dividends, receive re-

and transfer books, or make purchase and s'ale
of Government and other securities.
Religious and charitable institutions, and persons
unaccustomed to the transaction of business, will
find this Company a safe and convenient depository
RIPl.EY ROPES. President.
for money.
gistry

EDMUND W.COBL.1BS, Vlce-Pres't.
TRUfirEES:
B. F. Knowlton, Wr K. Sheldon,

Joslab O. Low,
Alex. M. White,
A. A. Low,
Alex. McCne,
Mlch'l Chauncey.
Wm. B, Kendall,
-•

John T. Martin,

Fred. Cromwell,

John P. Rolfe,

W. Corlies.

Wood,
Wm. H.Male,

C. D.

Hipley Ropes,

Abram II. Baylts,
H. E. Plerrepont, H. W. Maxwell,
lAMSa Sobs Ccbhan, Secretary.
B.

CAPITAL

also opens current accounts subject, In accordance
with its rules, to check at sight, and allows interest
upon the resulting daily balances. Such checks pass

through the Clearing House.

TBUSTBEg:
James M. McT^ean,
Ambrose C. Klngsland,
James II. Ogilvie,

Wm. Wbltewrlght,
Henry A. Kent,
R.T.Wilson,

Wm.

8. T. Fairchlld.

F. Russell,

I.

D. C. Hays.
James Forsyth,
George Cabot Ward,

A. A. Low,

B. B. Wesley,

J- B.

C. Vanderbllt,

G. O. Williams,
B. O. Remsen,
Johnston,

Edward King,

Edward

Henry

Schell,

Samuel

D. H. MoAlpln,
George B. Carhart,

F. Barger,

Amasa J.

Stokes,

Robert Lenox Kennedy, Geo.

C.

Parker,

A.

D.C.Hays,

EDWARD

OF XEW YORK.
No. 49 WAI.'L STRBET.
$6,000,000
Capital and Snrplaa, Is

is

a legal depository for moneys paid
authorized to act as guardian oi

""'interest allowed ON DEPOSITS,
aftei

which may be made at any time, and withdrawn
five days' notice, and will be entitled to interest foi
the whole time they may remain with the company.

Executors, administrators, or trustees of estates
and females unaccustomed to the transaction of business, as well as religious and benevolent institutions
will find this company a convenient depository fo)
President.
JOHN A. STEWART, Vice-President
WILLIAM H.MACY,
J AMES 8. CLARK, Second Vlce-Pres*

money.

In

Sums

WESTERN
GUARANTY
LOAN

CO.,

MINNEAPOLIS.

pany, of Boston, Mass.

Paid-up Capital,
St200,000.

N£HER & CARPENTEIU

circulars to

Baalters, Troy, N.Y.
Authorii:'d Capital
Eastern Managers for Company^
i^,000<000.

The United

States Life

Insurance Co.
THE CIT¥ OF NEIF YORK..

|

THORNKLL, Secretary.
HAMPTON. Assistant Secretary.

L.

G,.

IN

(OBGANIZKD IN
261, 262

l^itxattclal Cxrmpantjes.

FIDEL,ITT
&

Send for

i

W.Phelps, Anson P. Stokes.'Alex. E. Orr.

Nob. 214

Real Estate Mortgages on City
and Farm Property, worth two
to four times amounts of mortgages, interest (i per cent to
'^ per cent, principal and interest absolutely guaranteed. Securities for guaranty held by theAmerican Loan & Trust Coia-

NORTH-

%nsnvnnct.

S.M.Bucki'Kham,|William Libbey,
H. E. Lawrence, iJohn C. Brown.
Isaac N. Phelps, Edward Cooper,
Erastus Corning,- W.Bay'rdCutting
S. B.Chittenden.jChas. S. Smith,
John H.Rhoades, Wm. Rockefeller,

James Low,

HENRY

In-

D. Willis James,iRobt.B.Mlntum,

John J. Astor,
[Geo. H. Warren,
John A. Stewart,. George Bliss.

Clinton Gilbert,
Daniel D. Lord,
Samuel Sloan,

Wm.

Upwards ob

of $100 and

diana and Ohio Lands.
NOTHING SAFER. ALWAYS PROMPTLY PAID'
SEND FOR PAMPHLET.
JOS. A. inOORK,
84 Bast market St.* Indlanapoltft« Ind-

TRVHTEES:
Dan. H. Arnold,
Thos. Slocomb,
Charles E. Bill,
Wilson G. Hunt,
Wm. H. Macy,

IK.-

Farm Mortgages

C. Klngsland.

KING, President,

United States Trust Co.

and

8%

7%

6%
The

pamphlet and references.
Home Office. Eminetsburir* Iowa.
K. », Ornmby, Pren., 130 Naaaan 8u, N.

JAMES M. MCLEAN, First Vloe-Pres't,
JAMES H.OGILVIB, Second Vlce-Pres't.
RONALDSON. Secretary.

This compani

Boston. 2,3 Conrt St.Chas. N. Fowler, V. P.
H. U. Ktch, Man'ger.
Phlla., 112 S. 4th St., Kansati City, Mo.,
C. B. Wilkinson, Man'ger. J. C. Avery, Gen. Man.

C.D.Wood,

J.B.Johnston.i

Into court

afe

New York, 20H B' way,

O. G. Williams,
K. B. Wesley,

James M. McLean,

A. O.

MORTttAGES,.

Principal and Interest guaranteed and payable
any of the offices of the Company.

for

Magoun.

EXECUTIVE COMMITTEE:
Wm. Whitewright,

GUARANTEED FARM

CENT

American IiiTeBtment CompanTf of Bmmetsbure, Iowa, incorporated with a paid-up capital
of 9500f (MO, with branches at Huron and Mitchell
Dakota, offer first MctrtKaae Farm Loans In Iowa,
Minn., liakota, and Neb., both Principal and Interest Guaranteed, Also 6 per cent Debenture Bonds
oblijiiitions of the Company), run nin(( 10 years, secured by MortKa^e loans deposited with the Mercantile TruNt Co.* N. Y. It also Issues Demand
Certificates oi Deposit at 5 per cent interest. Write

H. Frothlngham,
George A. Jarvls,

Wood,
James N. Piatt,
C. D.

$600,000.

6 AND 7 PER

A LKGAL DBPOSITOny FOR MONEY

LOUIS

The Union Trust Co.,

Mortgage Company*

|I,000,000
$a,ooo,ooo

Accepts the transfer agency and registry of stocks,
and acts as Trustee of mortgages of corporations.
Allows interest on deixjsits, which may be made at
anytime, and withdrawn on five days' notice, with
Interest for the whole time they remain with the
company.
For the convenience of depositors this company

mand, oron which interest is allowed, and is empowered bylaw to act as EXECUTOR. ADMINISTRA-

TOR. TRUSTEE, GUARDIAN, ASSIGNEE, COMMITTBB, RECEIVER. AGENT, etc., for the faitb-

......

Anthorlied to act as Executor, Administrator
Guardian, Receiver, or Trustee, and la

Vlce-Pr««M«»t.

BBITTIN, SecretUTt

Mercantile Trust

78 Broadway, cor. Sector St., N. T.

CAPITAL,SURPLUS,

216

CASUALTY

&.

CO.

BROADWAY, NEW YORK

Cash Capital, 1250,000, Invested In U.

8.

Gov't Bonds.

1200,000 deposited with the N. Y. Ins. Dep't, for
the protection of Policy-holders.
Assets, January 1st, 18H8, »o»0,500 42.
OflBclals of Banks, Railroads and Kxpress Compa
ales, ManaKers,SecretarieB,and Clerks of Publlo Com
panles. Institutions and Commercial tlrms, can obtain

BONDS OF SURETYSHIP

this Companv at moderate charges.
The bonds of this Company are accepted by the

1850.)

& 263 Broadway, New York..

0. P.

G. H. BURFORD, President,
FRALXIOH, Seo'y. A. WHKKLWBiaHT, Asi^Baa.
Wm. T. Standen, Actuary.

AU

the profits belong to the Fohcy-holders exolc-

slvely.

All Policies Issued by this

ABLE after three

Company are nnJiSPCT'

years.

AU Death Claims paid wtTHOnr discount as boos
as satisfactory proofs haye been received.
This Company Issues all forms of Insurance, In--

from

cludlng Tontine and Limited (Non-Forf eltlng)

courts of the various States

Ton

tine.

CASUALTY DEPARTMENT.
Policies Issued against accidents causing death or
totally disabling Injuries.
Full Information as to details, rates, &c., can be
obtained at head office, or of Company's Agents.
WM. M. RiCHAHUs, Prest. JOHN M. CRANK, Seo'y

ROB'T

J.

LIiLLAS, Ass't Secretary.

DIRECTORS

G. G. Williams, David Dows,
W. G. Low,
J.S.T. Stranahan, A. S. Barnes,
Charles Dennis,
A. B. Hull,
H. A. Hnrlbnt,
Alex. Mitchell,
8. B. Chittenden.
J. L. Rlker,
J. D. Vermllve,
Geo. S. Coe.
Wm. M. Richards,

One month's grace allowed in the payment of
Premiums on Tontine Policies, and ten days' gracsall others, the Insurance remaining lu full foro»
during the grace.
Absolute security, combined with the largest liber,
ality, assures the popularity and success of this oom
pany.
GOOD AGKNTS, desiring to represent the Company, are Invited to address J. 8. GAFFNKY, Superintendent of ARencles. at Home Office.

on

JBonds of Suretyship.
wo OTHER

BUSINESS.

The Onarantee

Co.

President

»800,00C
830,000
240,000

Vice-President

BIK AUtX. T. GALT,

Managing Director

HON. JAS. FEBKIIB.
:

TOMPKINS,

Secretary.
Drexel, A. L.

Niw York Dirkctors— Joseph W.

BKOADWAY, NEW YORK.

Hopkins, H. Victor Newcomb, John Paton, Daniel
Torrance. Edw, K. winslow, Brastus Wlman, F. P.
Olcottand J. B. Puisford.

B.

HYDE,

President.

ASSETS, JANUARY 1st, 1886
LIABILITIKS, 4 per cent Valuation

SURPLUS

. .

»6«,563,387 (»
62,691,148 87
|lS,862,2g9

1»

(Surplns on N. Y. Standard 4^ per cent

Edward Rawlinos,

NEW YORK OFFICE
NO. Ill BROADlYAir.
D. J.

120

HENRir

OF NORTH AMERICA.
Cash Capital
Assets and Resources
Deposit with Insurance Department

EQUITABLE

LIFE ASSIJRAJWCE SOGIET¥»

Interest, $1 7,495,329,40.)
Surplus over LiabUitUa, on everjjstandard of valuation larger than that of any other LAf6 Awuranct Comr
panv.

New assurance

in 188S

OnTSTANDINO ASSURANCE

$96,011,378 Oa
307,338,846 00

7,188,689 OSTotal paid Pollcy-Uolders in 1886
Paid Pollcy-Holders since Organisation 88.211,175 8a
16,690,0681»
INCOUS In 1886

THK HKONMIF.
|m tirance.

October 30 l'8r

insurance.

MANHATTAN
LIFE IXSIRAXCE
OFFICE OF

1

HE

156

rmm

ATLANTIC
SEW YORK.

1884

30,

|?ubUcalious

JULY,

paMM.

Aaieta. na.:

79

A

Rl

No.

-

Cotton.

aaklBBaBk

338.8»7

Bntlre attention irlTen to purchase of

&
AndaU

the ooUtaud
lac aartMeataa of proflu will be paid to the
koMantkaraof, or their lr«Bl repreaantaUrea.
Ml aad anar Tn aadaj. the Sd of Febraary next.

THS OUrBTAXDIRO CEBTIFICATEB

oif iTCD

tbaranf. or thotr logal rapraaaalaaad after Tnaaday, the «d of Fobmary

A fall aapply. all Widths and

boa

wbleb data aU taiataat tbenmn wUi
to bo pradneod at the
tiao of pATBoat and eapoaled.

Was.

Mam> Tho aanHnaiia

I

MOW

r«»TT«»M TIB*
H. L. Grant,

n*. 148

BBOADWAT,

NBW

TBCSTBKSi
Ckaitaa Deaala,
a. B. Moore,

W

jBBOBLew.

B

BOM^

SECURE BA^K VAULTS.

conrroN rrokers,
tBRRAVRR NTRRKT, KRW YORK.

G.

Wi:LI)EIKiiKO.HESTeFLAND IKON
ana t ply Plates and Ancles
VAIII/rfl, Ac.
rni or IMned. and praetleallj
cannot be Rawed,
la

A. A.

KA^sa. Sd

Vic* PtaaMaat

rial Bars,

Burirlar Prri„f.

CHROIHE §TEEI. lVORK»,
nmolara Ptm

Thoaaa i«-i«i—

Tloe-Praaldent.

BoBBd and

FOR 8APM,

Bdward Floyd^onaa.

W. B. B. MOOBB, 3d Tlee-Prao^.

Co.,

Ware A 8CHR0EDER.
COTTON COMMISSION MBRCHANTS,
Cotton Exchange

Bnildin;,

wir«r YAtiic.

WALUKON

Sc

TAINTER,

COTTON MERCHANTS,
COTTON EXCHANGE BI'ILDINO.
HPECIAI.

I

Aaaoa W. Bard,

CBAELEB DEMNI8.

&

Schroeder
BaeeaasoTtto

ATTKNTION TO tOTTON KUT0RB8

&

Co.,

rOTTOK BROKERB,

OeoriraBllaa.
Benry B. Bawley,
WUllan O. Marsaa.
laaae Bell,

Praaident.

Co.,

Walter & Fatman,

Field,

iOHJI D. iOirSS.

&

New York.

ISS Pearl ftreet.

Geo, Copeland

John ElUutt,
Jaoee O. De Foreat,
CbarleaO Le«erk)b.
O. Low,
iB Ooddlactoa, John U Biker.
N. Oeaioo Sailtb,

Ba^lamln

Prirolcum.

COTTON BKOkER8,

He* QontaMwns nf ntT Nallrna<s tn.»Me wipar.

Predartak H. CoMitt.
WUllan Bryoe,

A. A. Baveo.
irm.8tarsla,

nnil

*

YORK.

CITT RAILBOAD STOCKS *
BOCOUT AND SOU^

Adolpb Lemoyiie,
Bobert B. Mlatarn,
Obarlea B. Manbail.

^lorka

Orders executed in New York. <'hl<airo and IJt.
All srade. of roitfto foliablc to tplncen*
wnnf. «tir' r»»d n f"T<'r.,hi^ ,.r|ti..

Orders for 8p«t C< tton and Fotnrea promptly
executed.

Ntreot.

bT. L017IN, mo.
Haaalaclarrrs »f Pare Jaie Baailas.
iMPOKTaas or

the Board.

Co.,

erp*M>l.

Colors, always la stoa

A* Doaae

&

COMMISSION MERCITANTS.
COTTON K.\<II.»*fJP, Nl-W VOKK, and
MiKPOI.K. VA.
COTTON. «;K«I^. PIMIVI^IONS,

ro.

BAGGING.

H. CUArnAlt, Socrelary.

XlXJonea.

buntino

WARRE^V, JOWES & «RATZ

I*

aa ibo BO* aaraad pfOBluBa of the
. far tho rear aartlag Slat
wbleb eortlflealaa wUl bo
and after Tneaday. the 4th of May next.
J.

arrATBN

Rountree

Dennis Perkins

Aaaato

Also,

to

w

A DIVimOfD OP FOBTT PKB CZKT

kinds of

CARYA8. rKLTlNO DOCK, CA
OOTBRI.NU, BAUUINU. RATBRBDDCK.BAII
TWINES. *r.. -ONTARIO" tBAMLBM
AIM, "AWNINO 8TBIPB.

tta b alda

:

la

OOTTOH

of

lanM of 1881 wUl bo radacBed and paid

Co.,

COTTON SAILDUCh

SIX PEK CENT (MTEREBT on

COTTO^

for r>PI.NNKR8 and KXPORTERB.
COKKXOIMlKIiXNrX SuLiriTXI).
RXrxHXN'rXK.— National Rank of Annsta, Os
Flenry Hants A Co.. Commission Mercbaota, Nee
York William B. Uana A Co.. Proprietors CoitMaBriikL A rixAKCiALCaiuiKiri.k.and other New Tori

Bo

Maaifaetorer* aod Oealaii

9l3.740.a-:6 46

Cargill,
COTTON BROKERS,
AL'GLSTA, GEORGIA.

TO ORDER

Brinckerhoft, Turner

(Hi

&

Alexander

B. DANA & CO*
RTRKfT, N» W YORK

WMMAM

1,438.60

By Older of

WILLIAM STREET,

1

(HANIlVRR aOPARR.)

^isccUaueous.

99.034.6SS
Storka and

aod Clatma due the
OoapMir. Mttmatrd at
530,000 00
fia»ilii»i Motea and BUla BeaatraMa
1,906.143 S3

I

tV

I8S6.

•

>

ant.

Bnpplles Banks. Banker*. Stock Brtikers and TorvouutHU of Account Books and
gILai to nery
New eooeems onianlalna wUI haT* their orders

Prire In Red Leather CoTen,
$1 00
To Sabscribera of tbe Cbronlcle,
7a

WILLIAAI
The Oiaapaor kae the foUowloc
Oattad laf aod Btate of New
Tack auek. Utr. Bank and

Itw, a»

^'Hdalpbla, an4

ratlons wttb complete

9776.713 42

iwiiiiat

WALNUT STREET,

Eugene Ko Cole,

CONTENTa.
91.915.030 61

aear td hj

623

promptly execnled.

the lame

otkarStoeka.

W, Porter,
and Counsellor at Law

BTATIONKR AND PRINTER.

Railroad Securities.

Prwnlome and Ex-

of

Eijmrl Tradt,

RxriHxxm:-TbeTrnstronipan)<M. TbeNatlona
>-'

93.770,094 30

paid darloc

rfr, fi<r

William
Attornc]-

OF

•S,19«.l«3 7t

fMtad

tfeo

Driitt, Shrttihgt,

Corporation, Transportatton and rommerctal Ijiw.

H A.:V I3-130 O li

Barked oS tiom lat
Jannaiy, lUa, to Slat Deeem-

•atUDa

PKINT8. nKNIMS. TICKB. DD0K8, A*,

ToirelB,Qnllt»,WbIle GoodaJk Roalery

Banks and Railroad Conipanle .'
tbajvdaas nf anv nf the rr-»--

NOW KKADT.

I339.ftS& 10

bar, 18S3

BLEACIIRB NHIRTir CS
AND »iHEETINGN,

dc

No.

hwMiB*
toMM

BROWN

IbUadelpbIa, Pa.

VMHtOMon PuUdi^oot niarkod
Total Marine Premium*

Jan.

E'?TABI.1M1E1: IN ISM

January 23, 1888.

Ut Jaiiaar7,lS8&

Jnijii irfT.

Co.,

New York, Boston, Philadelphia,
dNlXINO A01INT9 FOR LBAOINO BRANDfl

KK.

etjmbinea the priftertive feature i>f life Insurance
with tbe iDTes'meiit feature of tbe end -wment
C»licr. wbUe it aToids the expeove atteadlnn the
Iter by the ordlnarr methtrd. An inipruvenient bus
uivj been added to this new f4>riu ul p Itcy within
tbe yemr.wbicb ylTea the assured tbe option at trie
end of the period 'jf taking tbe enduaaent in cash
or uf ontlnuinit tbe in»unuice (~r a niUch larizor
atnount wttbi'Ut any further pafneQ*. * :p.en)iuni.
Indspendeit.-tt */!» coniiiriuQ n i|.;«>'.V s'tiietime.

TliaTnutrrs. In confonnity to the Charter o.
the ronipanjr, •nbmli ibc folluwtng StatemeDi
of I* alTaln n tlie 31i>t Deeruiber, 1:85:
Premtnnu on Marinr Rlcka from
Ul JanoaiT, \9<i5, to Slat
•S.SSe.llS 66
Oeeanbvr, 188»
«>S

Yi.

President.

Fabyan &

Bliss,

Tbe new plmn ol the Mauhattari Life ID^nrance
Company continues to meet the ( >puljir tarur. It

Co.,

Insurance

Pkllndrlvliln

plisccUaticous.

COHPAKY

BROAinVAY. SEW

158

Sl

HENllY STOKES,

Mutual

vu

(

;

HROOKLVN,

PEABL «T B E E T, NE W YOHK.

F. Hoffmann,
COTTON BROKER AND AGENT,
38 RIB DE LA BOURSE, HAYRC.
JOHN U. CLI8RV St CO~
COTTON BUYER"?,

n. T.

JOSEPH GILLOTTS
PENS
STEEL EXPOSITION -I87S.
MEDAt PARIS
COLD

THE MOST PERrECT

34

OF PENS

nONTUOnERY, ALA.
Prwrw »sr

n'ri

T o^

Ownnw

Kon A Coifntaaion

FELLOWES, JOHNSON 4 TILESTON,
COTTON, 8TO<'KN, BON DN, Ac,
SB

WIIXIAM BIREBT. NBW TORK.

Ordars la " ratarea" axantad at N. T, Cottoa Bxe

THE CHRONICLE.

TiU

^aVMM,

CiPottott.

Woodward &

OCTOUEtt

ptiscellaueous.
Walter

BiERCHANTS,

INM AN, S W ANN& Co

NEW TOBK.
8BCDRITI1I8.

COTTON MERCHANTS,

FUTURB CONTRACTS
New York and LtTerpool.

{

&

to Check at sight
Interest upon balances.
Special attention paid to INVESTMENTS and
accounts of
BANKERS.

COUNTRY

&

51 Stone

BABCOCK&CO.

COTTON COMPANY OF STUTTGART.

Williams, Black

COTTOIV.
BUYERS FOR AMERICAN

1

MfLLS.

&

R. Macready

SAML

D. BABCOCK,
3a N«.i»au street. New York.

&

Comp'y

Co., Bethlehem Iron

wiLLiAin street,
NEW YORK.

40 and 42 Wall Street,
Neiv York,

nianltattan Bnlldlns,

COTTON, GRAIN,
PROVISIONS, COFFEE.
ORDERS EXECUTED IN

Phenix Insurance Co.
OF RROOKEYN,
Office,

New York

195 Broadway,

City

CHICAGO, ST. LOUIS, statement of Company Itt Day of Jan., 1886
CASH CAPITAL
11.000.000 M
Reserve fur unearned premiums
2.845.048 84
LIVERPOOL, HAVRE AND
344,473 63
Reserve for unpaid losses
714,107 42
Netsurplus
NEW ORLEANS.

NEW YORK,

COTTON EXCHANGE BUILDING,
NEW

IT Water Street, LIVBHPOOI.,
Receive consignments of Cotton and other Produoe.
and execute orders at the Exchanges in Liverpool.
Represented In New York at the uflice of

PETROLEUM, STOCKS,

Co.,

COMMISSION MERCHANTS,

B. F.
COMMISSION MERCHANTS,

Pald-Up Capital, R. M. 6,000,000.

St.,

clma, nontsomerr and Nenr Tork.

Cotton Commission Merchants,
No. 116 CHEST.NUT STREET,
PUILADEI.PIIIA.
No. 4<1 MAIN STREET,
NORFOLK, VA.
SPINNER.f onOBItS SOLICITED.

ORLEANS,

AGENT FOB

Co.,

NKW YORK.

S2I ^fc\-p«N^!.Te'w"HaV;.

^with

Antborlzed Cnpltal, B. H. 20,000,000.

St.

NASSAU STREET, NEW YORK.

G. E. Staenglen,

Cotton Kxchanee BnlldlUK, NeivYork.
Biwolal attention given to the purchase and sale of

T. Hatch & Sons,
BANKERS,

Personal attention given at the EXCIIANUBS to
the purchase and sale of STOCKS and BONOS for
cash or cm margin.

York.

NEW YORK, NEW

Cotton Commission Merchants,

ArlKur M. Hatch,

Edward H.Coates& Co.,

Robert Tannahill & Co.,

19 South William

W.

Jlenry P. Balth.

BateK

DEPOSITS RECK! VKD-subJect

New

COTTON, AI£ 0RADK8, SUITABLE TO WANTS
OF SPINNBRS
OPFCRKD oh TiRUg TO SUIT.

Graham

T.

BRANCH OFFICE.

raoiAL Attintion to Ordcbs tor Contkaots
roR roraRa Dilitiut or Conox.

C.
J.

BateK.

W.

14

VOANS MADB OM AOCBPTABLE

>n

T.

Ifath't

Stillman,

Post Balldingr, 16 & 18 Exchangre Place,

U»o.

30,

YORK.

(4,910.4S3 38

STEPHEN CBOM^ELL,

Cotton, Coffee, Grain and Petroleum Bought and

Bold for Cash, or carried on Margin, on the various

Xzcbanges

in

New York

City.

Henry Hentz

&

Co.,

8 Sonth William St., New York.
BXBCUTE 0HDBK8 KOU FUTURE DELIVERY

COTTON
COFFEE
NEW YORK COFFEE EXCHANGE,

the

and

ORAIIV AIVD PROVISIOIVS
at the

NEW YORK PRODUCE KXCHANGB
the

CHICAGO BOARD OF TRADE.
Correspondents

Mes<rs. Smith, Edwards

&

Co.,

and

Cotton Brokers,

Lea McLean. New Orleans.

LxHHAN, Stern t

New Orleans, La.

Co.,

Lehman, Durr & Cv
• Montgomery, Ala.

LEHMAN BRO'S,
Cotton Factors
AND
comnissiON ihebchants,
EXCHANGE PLACE,
MSMBKRa OF THE OOTTOS, OOFFSS AND
PRODUCE EXOHAKQES.
UPTOWN Office, No. 804 Chcbch Street,
New York.
No. 40

Orders executed at the Cotton Exchanires In New
Tork and Liverpool, and advances made on Cotton
and other produce consigned to us. or to our corresSondents in Liverpool; Mei^srs. L. Rosenheim A
ons and A. Stern& Co.; in London, Messrs. B.

Newgass

k Co.

COTTON MERCHANTS,

Hubbard, Price

&

Co.,

CoUou Excliange, Ncav York.

&

Co.,
Price, Reid
NORFOLK, VA.
Cotton Brokers & Commission Merchante,
Liberal advances made on Cotton consignments.
Special attention given to the sale of cotton to arrive or in transit for b-tb foreign and dnmestic markets Orders for Future Contracts executed in New
York and Liverpool.

CO.

$9,260,096 65

No. 3 Cortlandt St., New Yorlr
JAS. A. Al.EXANnElt. Agent.

North
&

British
Co.

Mercantile Ins.
OF

&

Gwathmey

LONDON AND EDINBIJROH.

Bloss,

COMMISSION MERCHANTS,

U. S.

Branch Statement Jan.

1,

1S86.

(3,421,870 78

Invested and Cash Fire Assets

LIABILITIES.;

No. 123

PEARL

ST..

Reserve for Unearned Premiums.
Reserve for Unpaid Losses
Other Liabilities
Net eiurplua

NEW YORK.

Orders for future delivery of Cotton executed

.

. .

11,199,247 42

77

tfi0.«87

6e.l50 89

.!t,0ia,583

IS

Id

t8,4Zl,870 78

New York and
vlBloni 1^

Liverpool; also for Grain and Pro

New York lind

Chicago.

HENBT

Builard

&

H. WHESI.IB.

Wheeler,

CCrrON COMMISSION MERCHANTS
NEW YORK.
TIES,

(FOR BALING COTTON).

FBKDEBIC ZKBEOA &

2,057,776 24
3,202,320 41

Net Surplus

Assets Jan. 1, 1886

AND

BAGGING AND IBON

LiTERPOUL CORRE8POHDENT8,

$4,000,000 00

for unpaid losses
and re-lnsuranoe fund

Liabilities

ALSO

PHILADBI.PBIA.

OF HARTFORD.
Capital

JTIHN L. BCLLARD.

Geo. H. McFadden& Bro.

Sec'y Local nep't.

Company

Insurance

ORDERS FOB FUTURE CONTRACTS.

:

Uverpool.
Jas.

OF

Vice-President.

BLRKK.

iETNA

Special Attention Giyen to the Exbcction

NKW YORK, LIVERPOOL AND NEW ORLBANS COTTON UXCUANUUS. Also orders for

at

Torlr,

CKOWELL.

K ttANf.lS P.

COTTON EXCHANGE BCILDI.XG,
New

R.

PlllLANIiKR SUAW, Secretary.
GEO. U. KISKE. Assistant Secretary.

Mohr, Hanemann& Co.,

COMMISSION MERCHANTS,
at the

WM.

Preal«lent.

A dvanoes made on Cotton Consignments and Special
Attention given to purchase and sale of FUTURK

CONTRACTS OF

C'oTTON.

S. In IB jeara 9ia,'i--tO,l3S 03
U. 8. BRANCH Office, 54 Willlam St., N. Y.
WHITE, BAM. P. BLAGDEK,
CHA8. E.

Losses paid In U.

.

Managers.
JAS. F. DPI>LEY, Deputy Manager.

C OMMER CIAL UNION
Assurance

Co.,

limited,

of london.
Offiu, Cor, Pine

d WiUiaM Btt., New

Torh