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

VOL.

SATURDAY, OCTOBER

41.

CONTENTS,

The

Tlio

Hurmes«

480

Dilliculty

Mooetarr

I

|

|

and

Commercial

KiigllsU Newa
4fl6
Cuiniuerelal and Miscellaneous

I

News

clear. nga at

New

York, after deducting double the mar-

I

of 42*8 per cent.

488
Wtik Aiding Oct

I

1884.

188S.

IS23.373.049

published in
etery Saturday morning.
{ Sntered at tbe Post OUloe, New York, N.Y., as second class mail matter.l

New York

Terms of Subscription— Payable in Adyance
For One Yo.ir (iucUulin;
ing postiigo)
For Six Mouths
(To
d

iStKk3....tlMTa.)

on the same

Is

18

Offices lu Eusland.
The olBce of the Commkroi vl vnd Finvnoiai, CHBO>noi.B in London
Is with Mes.srs. Eiiwariis & SviiTii. L Drapers' Gardens, E. C. where subscriptions and advertisi'ineiit-i will be taken at the re^fular rates, and
Binsle copies of the paper sunplied at Is. each.
TheolHceof the {jHKONioi.EinUvnriwol isatB li.Ercha'U'e Rulldlugs
8

1

$702,0.0,830

(2,106,988)

(2.860.129,

(340.200)

(-82-41

(+20-7)
(+63-1)

(4A. 1 45.590)

(+4e-o>

(79.912.000j

(+0

+231

$75,440,188
4.918,000
1,875.942
921.006

+16-8
+10-4
+40-6

+14-8
+6-2
+9-2

1.023.681

808,172
621.438

+16-9
+6-7
+20-3

+86-4

Co., PiiblUliers,
VVllllain Street,
VOKK.
Pdst Offiou Box 93-i

NEW

CLEARING UOUSK RETURNS

(P<tTol<um..6l>(<.)

(133,771,00(1)

(82,015,000)

$78,729,M8

904,332
792,658
728,681

|e3,USl,707
4,314,800
1,309,570
990,072
790,980
753,309
682,363

188,526,440

172,743,001

+23-1

$86,608,327

+1S'S

158.948,618
8,218.998
10,758,180

143,567,858
8,888.729
12,498,309

+863
-6 4

-H-4

-13-9

$68,991,056
7.338.788
12.850.9M8

«77,923.774

64,750,896

+20-3

$74,178,808

+5-6

149,821,431

143,074,541

+15-7

+21-6

9,510,650
3.707,038
3,145,122

8.6(52.500

3,141,905
2,846,207

+9 8
+180

$53,381,549
9.903.300
4.120.325
3,492,469
1,310,074
2.1^1.396
1.054,589
981,353
$77,018,085

+ 17-7

$15,101,572
761.690

+0-9
+62-9

iOrai^i.

5,844.800
1,000.543

iprinKaeW
Lowell
Total N. Bnffland

Plttsburit

Total Middle....

OhlOivo
(Cincinnati

Mtlwankee
Detroit
Indianapolis

Columbus
Peorta
Total Western...
St. Irf>Uls

The speculative movemsnt which has been in progress for St. Joseph
New Orleans
some weeks is pretty clearly indicated in our clearings for the
week ended Octob.^r 24. In fact, one would think it must EauasCHtr
have culminated during that period. The shirea of sto^k sold Menphla
Total aontfaem..
at the New York Stock Exchange alone reached 3,850,233, and
dealings in all kinds of commodities were similarly active.
It is no surprise, therefore, that our aggregate clearings for

.+86o;

(448,200)

Baltimore

7i* ^t

(3,<>!S1.233)

1.530,438

for Hubscrlbei-8 at *! 00.

Sc

+86-9
(+a2-7;
(+11-4:

(32,739,000)

or Post Ollicc Monev Orders.
A neat nil' eovor is furnished at

WIL.l.lV.n B. D.IN.V

$605,195,932

(499,5001

Philadelphia

W[U,I,VM B. I)\SA
JOH.N O. FLOVD

Oct. 17.

PtrOtnt

(39.518,400)

Sulvscrlptlons will be continued until dertuit*^ly ordered stopped.
Che
publishers cannot be responsible for lemitrances unless made by Dratta

oenrs: postage

1885.

.biUtieU)

.

6 10
11 28

Chronicle.

'SO

Wttk BnMno

{CMon....bale».)

Providence

$10 20

Kiuopeiui Suiisoription (incluling postage)
AnnUitI subscription la Lou Ion (lucludiui; postage)
*2 7«.
do
do
do
£18s.
SU Mos.
pricos
include
Intkstors'
S[jppi.emekt,
These
the
Issued once in two
months, and furnished without extra charge to subscribers of the

Volumes bound

24.

Per Cent.

SaUt of-

The Coumbrcial and Financial Chronicle m

cents.

1,0B2.

ket value of the share tranm^tions, which were $191,361,000
and 1146,343,000 respectively in the two years, reaih a total of
|44.'5,645,049 in 1833 against $312,409,932 in 1881, or an excess

THE CHRONICLE.
Ciearing-Hoiiao Returns
481
TU" FlnanMal Sltuatlnn
482
ElMsou'a Annual Cotton Report
484

NO.

31, 1885.

+16-9

+21

+10-5
+0-3
+11-3

1,315,!J20

l,311,f-36

2,237,001

2.010.342

1,257,740

1.257,613

+00

005,780

799,835

+13-2

$71,900,062

»«),104,770

115,236,821

I14,.'504,121

+ 13-9
+50

718,544
10,32il,185

569,437
9,148,0:3

+26-2
+12 9

4,269,483

3,1 16,462

+370

4,480,047

3.124,485
1.379,507

+42-7
+12-7

4.609.895

1,554,224

136.535.304

131,810,085

+14-3

$84,299,228

8.429.291
4.174,435

1.322,345

-lie

+9i»
-0-4

+ 10-4
+6-8

+200
+0-7
+0-7
+16-6
+16-7

—•2
+14-4
+10-0

+51
+31

»10,»7a.6l7

$9,559,878

+14-8

$1S,842,6(»

+2-1

tl, 115,257.248

$8(7,194.5«0

+31-8

$988,817,827

487-8

San Francisco
Total aU

+35 5

6)

+18-6
"1^4,8467987
+110
increase of $128,909,419 over the large Ontilde New York 1288,884,197 $241,998,637
This excess was, to be sure, shared in
Below we give the exchanges for the five days as received
quite generally, but New York, Boston, Philadelphia and by telegraph. With the lull in speculation, clearings have
New Orleans are most prominent in their respective sections fallen off from the very large total of last Friday, but are still
in the proportion contributed to the total result. Of course a
in excess of the aggregate for any previous five-day period
share of the gain i^ due to an increase in legitimate business, since May, 1884. The comparison with a year ago exhibits a
but how far this is so it is impossible to state.
jrenmrkably heavy percentage of increase, but it should be
The real extent of the clearings is more readily realized remembered that during this particular week last year the
when the contrast is made with previous years. Compared approaching Presidential election had a most decided adverse
with the corresponding week of 1884 the excess in the total is influence on business.
31 "8 per cent, and outside of the city of New York the in6 jrytEnd't Oct. 23.
ttve Daw EnMnt Oct. 30.
crease reaches 18'5 per cent. The relation the present figures
PerOmt
1886.
1884.
1885.
bear to the returns for the same week of earlier years may be
+-81-4
$693,914,286
$388,870,2501 +86-6
$594,801,794
New York
seen in the following statement.

that

week showed an

total of

October

17.

\rtek Oct. 24.

1884.

1883.

8aia oS Stock
BoS/On

(ihi.)

Philadelphia..

.

BalUmora
A^Rregate
Ontslde W. Y...I

From

1.118,267,246;

286.884.197

the foregoing

it

847.194,589 1.184.078.016 1,110,536,015 1,153,837,767
241.99S.(W7
277.8tM,447 261,746. «20 27.1.003.523

will be noticed that this year's figures

only 5-8 per cent below 1883, that the decline from 1832 is
merely nominal, reaching less than four tenths of one per
cent, while the loss from 1881 is only 3'3 per cent.
Outside of
New York, however, there is in every case an increase.
fall

Louis
Orleans...

Total
Baltnce, Countrr*
Total aU

Ont»lde

9,300,104
$788,626,40!!

$629,549,779!

62,582,407

46,(:05,023|

8,695.!

New

11,603,284

$821,lftS.l)03

Wew York

* JfidluoaMft

on t&e

(766,574) (+144-8)

48,605,294
32,990,467
9,237,965
87,678,978
10,734,231
7,943.804

63.853.109
39,910,689
40,002,000

CliicaKO
St.

(1,876.544)

»228 587

+31-1
+21-0
-5-9
+8-0

(3,260,1601

64,719,088
60,i!44,294

+87

0,194,007
41,341,000
12,898,709

+17-1

9,9«e,S18|

+46-1
+14-1
t4-i-7

1011

basis of tne last wueaij reiums.

$8eajMi.i
64.807,T»8l

(+88-r
+19-0
+32-9
-12-5
+13-1

+40
+98-8

+»»
+0-4

THE CHRONICLE.

482

that has

THE FINANCIAL SITUATION.
At length, excessive speculation here and

with

elsewhere added

trade, has
to a slightly increased demand from legitimate
Bankers'
market.
money
in
our
record
its
make
to
begun
of
average
balances have freely loaned this week at an
is
a
This
cent.
per
2^ per cent and occasionally at 3 and 4
opinion
the
to
incline
indication, and we

very wholesome

tendency of
that until there is a material change in the
exchanges
stock
and
merchandise
operations on our
sure to prevail.
these and even better rates are pretty
our banks are
deposits
of
;,line
exceptional
With the
carrying— unequaled, except at an earlier date of this

now

when they were only 6| millions more and sure to
largely
be drawn down for use in the interior where they so
being
is
much
so
which
belong, if the trade revival, about
dull year

—

anything more than a temporary spurt a larger
very
reserve than is demanded in any ordinary time is
will
we
and
need
this
recognize
banks
Our
essential.
said, is

movements accord with it.
do not forget in what we have said that much

are sure

We

make

their

the surplus reserve which the banks are losing
into

the

goes in

Government treasury.
there must come out

is

of

passing

Furthermore, as what
in

some way and

at

some

bills

in progress

make

more

a re-issue the

certain.

In

fact, as

served to keep our exchange market supplied
during late weeks. This is very forcibly illus-

trated by the foreign trade figures issued this

Bureau of

Statistics for

We

September.

week by the

have

in the fol-

lowing table brought together the monthly merchandise
imports and exports for a series of years, as in that form
they present to the reader a kind of instantaneous photo-

graph of the trade

situation.

UNITED SrATES EXPORTS AND IMPORTS OF MERCHANDISE,
Merchandise.

Exports—
January
February

—

1880.

1881.

1882.

1833.

$

$

$

68,997,173

74,078,962

t
64,921,051
58,606,533
62,613,872
57,952,376
49,178,968
51,077,966
54,617,541
62,714,293

59,956,673

67,733,807

April

77.350,547
70,560,538

85,068,794
70,885,615

May

65,666,477

64,140,179

June

72,182,304

63,450,279

July

71,015,599

63,038,615

87,192,666
71,225,897

67,514,718
82,491,379

.

.

March

August
September

.

1885.

1884.

*
80.380.263 73,989,807
66,855,289 81,246,828
77,851,820 66,210,454
60.903,905 49,893,564
58,088,194 48.841,687
54,350,81
53,330,577
52,884,08* 54,612,492
61,426,749. 54,203,524
62.815,8271 54,428,052 65,229,490

$
80,532,584
53,940,428
51,398,266
62,989,872
49,011,878
48,483,020

45,828,317
44,241,522
47,684,583

Total.... 622,097,834 818,397,348 522,498,427'5d6,947,107l507,558,021 474,090,264

ImportsJanuary

—

55,208,488
55,647,471

45,284,858

56,958,229

86,971,198

54,310,617

42,221,171

February....

47,759,493

58,826,928

56,300,518

42,027,833

March

70,886,561

80,709,174

68,603,801

60,780,603

54,710,607
61,283,130
54,163,083

48,7911,398

53,976,345

April

74,366,455

50,179,814

86,361,187

57,006,905

May

64,876,680

55,503,722
58,920.809

68,35'3.029

45,884,950

52,432,679

85,804,878

56,274,557i 56,155,944
84,791,422 52,153,319
56,980,930 65,125,524

61,731,293

66,718,433

50,663,780

55,713,802

63,409.587

50.745,624
50,311.759

June

..

—

60,514,563
57,304,982
56,265,063

July

August
September.

53,228,1151

MSV9S.9U

larger accumulations which have recently betn

time, the

[Vol. XII.

It is

62,889,649

58,633,731
51,120,414

51,359,163

49,312,852
49,113,995

4»7.«25.444 57B.7S0.894 518,860.278 489,904.187 431.193,527

not the simple fact that for the

last three

months

now by its superior management obtained there has been a balance against us on this account of
complete command for the time being at least of the gold about 12^ millions, that is, in our view, the important
movements of the country, we should not be much sur- feature disclosed by the foregoing, though that fact suffiThe
prised if early in November a bond call should be ciently accounts for the course of foreign exchange.

the Treasury has

and will arrest attention is the comfigures present and the attitude of
these
which
parison
our markets which such a comparison brings into light.

days to mature
(assuming that the Administration would follow the former
practice of giving sixty days' notice) and furthermore

point which should

Government would not feel justified in any course
that did not evince what might be termed an excess

Run the eye along the export figures for the six years for
September, then do the same for August, then for July.
Of course, differences in price account, in some measure,

issued.

But even that

will require sixty

the

payments
and must for the decline in export values, but only to a very
Other
long
balance
so
as
the moderate extent, as we showed two weeks since.
very
full
retain
a
present uncertainties surround our currency, since 'an than that, it is wholly the result of speculation. We have
expansion of trade is only possible while the fullest and the crops to sell, a larger surplus than ever, and yet we
most absolute confidence is felt in the ability of the refuse to let them go. A good illustration of the folly of
Treasury to sustain itself on a gold basis. We do nlot, our course is seen this week in cotton. We could have
for these reasons, anticipate any considerable relief to the easily sold our early receipts on a basis of 5|d. in LiverOn pool, and probably could have made contracts ahead for a
situation from the operations of the Government.

of

caution

to

meet

;

up

the other hand
best

for

it

has

large

to

the

2d

of

if

employment

interest

January,

business prospers, every section will find
at

home

for

its

hitherto idle balanct s

considerable portion of the crop at that figure.

This week

made up, of which we give in a
column the summary by cable, down goes the

the annual statistics being

of them are always in following
some degree fictitious and under certain conditions mfelt quotation a quarter of a penny, a full half cent per pound;
away like snow in spring. A balance in some cases nlay and as we are increasing stocks very largely at interior
count as reserve three times first in the country toilrn, towns, and as trade is very dull in Europe, of course there
then at the interior city, and finally here. It was that whlcti is a dragging market in prospect, and all because of a
helped to gire them their fugitive, shadowy character at speculation beginning with the marketing season, which
the time of the May panic of last year. At present repokrts when begun at that period of the crop year, invariably
from the interior show a good inquiry for funds from jhe fails of success. This, too, is what is taking place in u
Northwest, where grain is moving freely, an urgent de-' our merchandise markets, and hence the above expoi
mand at St. Louis from ranchmen and cotton planters, ahd figures. Bankers continue to look for a freer movement
quite a free call from all Southern centres of trade.
soon, and, therefore, for a fall in sterling, feeling confident
Foreign exchange has this week only repeated its his- that neither can long be delayed. There is however little
tory of previous weeks.
It fell first a half cent, and after
disposition to anticipate a decline by selling futures, aa
that recovered a half cent, and stands to-day at the same previous calculations as to a fall in rates have proven
figure it stood last Friday, except that the market is a little erroneous, and bills sold have had to be covered or extended.
less firm.
Of commercial bills drawn against cotton there We look for quite an investment demand for sterling as

Deposits and the reserves back

i

—

j

i,

The

has been a perceptibly larger supply, although not sufficiently so to make any decided impression upon rat^s.
Bankers note a considerable investment inquiry from
abroad for railroad mortgages, and for some that have nbt

soon as there

the same measure the attention of our o\fn
people; dividend-paying stocks have also been in request
to a limited extent.
It is this demand for our securities

Should the Bland
law be repealed the movement of gold this way might bft

received

in

is

any decided drop

in the market.

question must shortly be agitated in Congress, and
unless the appearances are speedily and decidedly in

silver

favor of stopping the coinage

movement cannot
considerable.

fail

to

be

of

large.

standard dollars, this

October

JHE (JHRONICLR

81, 1886.]

There has been somewhat of a halt in the speculation
higher prices on the Stock Exchange, transactions

allowed to lapse before listing the bonds,

for

illustrating

being on a much smaller scale than last week. Business,
however, has been quite widely distributed, and some of

cial

have found much favor, and been

the low-priced fancies

taken

A

an advance.

few leading

too-

483

the strength of

is

signiflcant

M

the syndicate that took 16

bonds in the day of the company's finanembarrassment, and has apparently been whoUj uncon*
cerned about a market for them all that time.
millions of these

The exhibit

of net earnings for the

month of September,
same favorable
sharply moved upwards, but in general there has been, if kind as those of the months immediately preceding.
The
not a positive or marked decline, at least a certain hesi- decrease of $11,605 in the gross earnings (as compared
tancy in the movement toward higher values. The tone, with a year ago) was met by a reduction of $57, 21. in
though, has remained strong, and the general sentiment of operating expenses, so that the net was $45,010 greater
It than in September, 1884.
E.xchange public continues unchanged.
the Stock
In August the gain in net had
seems comparatively easy to advance prices again after a been $16,711, and in July $56,051. As a consequence,
decline, as was the case yesterday afternoon, when there for the first quarter of the new fiscal year the company is
was a sharp rise, succeeding an early fall. The dis- now $118,372 ahead of the same period in 1884. It is
position, and we think with reason, is to look hopefully noticeable that the decrease in the gross earnings for the
upon the efforts of railroad managers to adjust their dif- month is the result of the falling off in passenger receipts,
Much importance is also which for a special reason had been exceptionally heavy in
ferences and advance rates.
given to the varied, though slight, symptoms of a revival o^ 1884; in freight, in mail, in express, in miscellaneous,
It is believed that there have
general business activity.
there is an increase, which would seem to be indicative of
been heavy realizing sales by large operators an d specula- the growth of the road's traffic and business. The followtors, and that in numerous cases stocks are lodged in
ing shows the gross and net earnings, and the charges
many hands now, where some months ago they were con- against the same, for each month of the new year.
at

specialties

Paul, Lackawanna, and Erie seconds

like St.

— have

been

issued within the

last

few days,

is

of the

'j

centrated in a few hands; and

if

this be correct, of course

will facilitate to that extent elTorts at a decline,

time

when

it

In the way of facts bearing on the situation there has

been nothing positively new or
The trunk-line managers still continue at work to form a
money pool, and no hitch in their arrangements has yec
of striking importance.

developed.

Rumors with

reference to this or that prop,

erty have of course, as usual, been

plentiful,

and served a

Erie was to use the

certain purpose in affecting values.

Nickel-Plate as a Western outlet, rescind the lease with

the

New York

loan on

its

Pennsylvania

Long Dock

&

Ohio, negotiate a

large

property, fund or pay some of

its

back coupons, receive an accession of strength in the shape
of

new

P'ciflc-

18S6.

1884.

$

*

be deemed ripe for such a movement.

shall

airectors, &c., &c.

Whatever basis of truth there may

Lackawanna has
been advanced on the reported improved demand for coal,
and an advance in prices for the same. The movement
in Reading has been somewhat of a puzzle.
The upward
spurt last week it is stated was made in the interest of
the Vanderbilt party, to enable them to dispose of some
of their holdings.
On the other hand, rumor has it that
its

present doings.

the Pennsylvania people have been buying, with the idea
of gaining control

At any

property.

of the

stock has fluctuated between

l>and

transactions, after having sold last

the

on considerable

23,

week

rate

26, indicating

at

large operations on one account or another.

Northern Pacific

more favorable

affairs

turn.

1888.

Cll'gOS

549.444
4S5.B70

Burpl's

63.874

Net..

JitalBmontlu.

September.

1884.

188B.

1884.

use.

1884.

»
»
»
t
«
*
971.288 1,032,608 1,224,986 1,236,560 3.196,255 8.291.600
464,581
542,605 582,896 590,111 1,448,044 1.«l)l,761
1

Gross.. 1,(K)0.011 1,022,438
Kxp....
4S0.iS67
528.045

403.393

806.708
489.210

489.997

692,059
514.404

646,449 1,748.211 i,e!9,saw

177,656

259,027

17.4981

1.488.184

September the net earnings left a surplus of
$177,655 above the month's proportion of the charges, as
against a surplus of only .$17,498 in August and $63,874
in July.
It is true that September is one of the best
months of the year, but it is to be observed that the
charges for that month were .$25,000 heavier than for
August, and §29,000 heavier than in July, and as at the
same time the gross earnings for the month had fallen off,
a surplus of .$177,655 above the charges must be considFor the quarter the excess
ered a very good showing.

Thus

for

be to one or all of these reports, certainly nothing definite
has yet transpired with regard to any of them. St. Paul
has been stimulated by glowing reports of the value of above charges,
the property and

August.

July.

Karth.

the

it

will

be seen,

is

over a quarter of a million

—$259,027.
Pennsylvania's statement

shows on the

east

lines

Pittsburg and Erie a gain in net earnings for the

time in thirteen months,

This gain,

the result of an increase in gross
trary, these, as for

however,

receipts.

On

is

of

first

not

the con-

every other month since April, 1884,
But the enlarged net has been

have fallen behind.

brought about by a decided reduction in expenses, the
measures of economy and retrenchment that
This reduction in
have lately been rigidly enforced.

effect of the

$186,899, and as gross earnings
$182,243, this leaves the net $-1,656 greater
than in September, 1884. The increase is not large, and
in some quarters has been considered disappointing, but

expenses amounted to
decreased

appear to have taken a decidedly

Gross earnings have begun to show

two weeks the circumstances under which it was made should be conof October showed gains over the corresponding period sidered. Neither on east-bound nor west bound through
a year ago, though for the third week it is stated there has business did the road have the benefit of the advance in rates
been a small decrease and the statements of net earnings determined upon during the month. This advance will
are most encouraging.
The sale of a large parcel of date, in its practical effects, from the 1st of the current
lands was alluded to by us last week.
This, though it month, and it is in this month therefore that improved
does not appear to have yielded the company any great results therefrom should be looked for, though as at
an increase^at

least the

returns for the

first

—

amount

of actual cash, the

ferred shares, which

latter

payment being

chiefly in pre-

of course will be cancelled,

is

least the

rates

volume of east-bound freight has

have been

raised,

fallen off since

perhaps the advantages to accrue

from the same are smaller than supposed. The revival in
Quite an event, too, is the application this week to list the business, too, though its presence is seen and felt in
20 millions of second mortgage bonds, issued over a year various ways, has hardly as yet become sufficiently
and a half ago. There is nothing striking in the applica. pronounced to be an influence of any great importance in

none the

tion

itself,

less

a favorable circumstance on that account.

but the fact that so long an interval has been the

traffic

of the r«ad.

In such circumstances, the gain

THE CHRONICLE.

484
in net

September, small though

for

it

Oonaistiiig

reason for

be, is

Date.

When we come
the exhibit

not so

is

These returned

satisfactory.

year a surplus above the

month of

the

for

liabilities

last

$50,632, while this year there is a deficiency ot $100,604,
a difierence against the present year of $151,236. The
Western lines have of course had an immense shortage
of

wheat

to contend against this year, but apart

from that

circumstance they have been doing poorly for some years,
as may be seen when we say that in September, 1882,
they netted a surplus of $445,870, against the present
for the change are

The reasons

deficiency of .$100,000.

well understood, and have been repeatedly referred to by us.
Uniting the results for the Eastern and Western systems,

the following

the record for six years

is

— both

for .Septem-

though

if

we

is

not very flattering to the present year,
the September

take the Eastern lines alone

net of 1885 has only once been exceeded in recent years.

*2,365,4S0 73

$15,000

24.

"

26

"

27.

•'

28
29

"

Total

92
98

Bold

Silver Oertiflcatet.

$167,000
275,030
503,000
269,000
280,000
115.000

$35,000
33,000
45,000
102ii'0
48,000
38,000

$426,000 $1,615,000

»301.000

$72,000
75,000
83.000
92,000
59.000
45,000

Included in the above payments were $9,000 in silver
coin, chiefly standard dollars.

ANNUAL COTTON REPORT.

ALLISON'S

We

have received by cable to-day the results contained
in Mr. Ellison's Annual Cotton Report for the year ending October 1, 1885, which was issued in Liverpool this
In addition to the figures for the present year the

week.

ber and the nine months ended with September. The com- revised
parison of course

57

$2,000
2,500
1,000
4.000
2.500
3,000

18
91
17

$277,287
387,103
635,160
467,340
396.325
202,262

Oct. 23

"

Notes.

of—

Certifiers.

8.

XT.

Bold.

encouragement.
to the lines west of Pittsburg, however,

XLL

[Vol.

totals for last

year have

we add also
First we give

given below;
parison.

been cabled us and are

the figures for 1882-83 for comthe spinners' takings

in

actual

and pounds for the three years, with ihe average

bales

weight of bales for each season.
Lines East of
PirrsBUBG.

1884.

1883.

1882.

1881.

1880.

4.4S8,S71

4.684.908

t
4,417.602

t
3,735,006

t
3.617,648

2,571,179

2.712,d33

2,683.176

2,271,829

2,172,833

1,887,.S95

1,922.365

1,734,426] 1,4«3,177

1,174.910

1885.

From

September.

t

Gross earniDKS.
'Operat'fr expenses.

4.276.<)28

Net earnings..
Western lines

1.802.051

—100,601

Besnlt

1,791,417

+i21,829 +445,8701 +214,113 +222,018

+.^0,632

2,180,2»6

2,211,194

1,938,02';

1.677,290

Net eaminKS...
Western lines

11,220,971

14.076.517 13.601.501 13,3«5.808 12,420,301
+891,358 '+ 1067,772 +2368,783 +2096,565

—12m7,918

^

9,933.033 12,880,401 14.970,005114,672.273 15.664.589 14.582.869

Result....

The following shows the receipts and shipments of gold
and currency by the New York banks during the week.

Qreat Britain.

Shipped by

Received by

Oct. 30, 1885.

Net Interior
Movement.

N. T. Banks. N. r. Bankt.
1938.000

$1,311,000
701,000

Loss..

1938.000

11,913,000

Loss. 11. 007,000

Gold
Total gold and

tenders..

teccal

The above shows the

.

Loss

actual changes in the

ings of gold and currency caused

by

Adding

following,

which should indicate the

York Clearing House banks

of

bank hold-

movement to and
movement the banka

item to the above,

that

701,000

.

this

from the interior. In addition to that
have lost $3,000,000 through the operations
Treasury.

»806,0O0

For 1883-84.
Takings by spinners

.

.bales

.

3,388,000

A.verage -weight of bales

Takings in pounds

we have

total loss to the

the

Out of JSariki.

New

Net Change in

I

Bank HoUlinjt.
Banks' Interior Movement, as above
Sub-Treasury operations
Total gold and legal tenders

The Bank
lion for the

of

and £44,441

t6S3,000

$1,915,000

4,500,000

7,500,000

Loss. $1,007,000
Loss. S.003,000

$3,138,000

$9,413,000

fjoas. $4,007,000

England reports a

week.

loss

of

£173,441

bul-

This represents £129,000 sent abroad

sent to

the

interior.

The Bank

of Prance

gained 685,000 francs gold and lost 1,581,000 francs

For 1882-83.

According

the above, the

to

average weight of the

Britain this year has been 445

pounds per bale, against 429 pounds last year and 442
pounds the previour year.
The Continental deliveries
average 433 pounds, against 421 pounds last year and
423 pounds pounds the previous year. But the significant fact that these totals indicate

is,

are this year 61,408,000 pounds

than in 1883-4, and

less

we

give the stock held by the

Bales of 400

Great

each.

lbs.

1884-85.

29, 1885.

miver.

1 (beginning of year)
89,000
Daliveries during year
^ 3,399,000

Total supply for year
3,488,000
Total consumption for year. 3,447,000

Stock Oct.

1

(end of year)

of England
of France
of Gennauy

Total thla week
Total prevlouH week

.

..

20.747,531
45,894,115 43.797.852
7.377.387 22,132.163

takings

1883-84.

1882-83.

41.000

124,000
nnn

82,000
3,786,000

3,755,000
3,666,000

3,868,000
3,744,000

89.000

124,000

401,000
3,131,000

134,000
3.647.000

3,532,000
3,380,000

3,781,000
3,380,000

152,000

401,000

.^ fi:ii

Continent—

Oct. 30,

IS84.

Stock Oct. 1 (end of year)

The

OoUi.

11,167,572
-'0

Ot.

138,000

whole of Europe for the three years
bales of 400 lbs.)

totals for the

are as follows (in

Bank
Bank
Bank

In the following

mills, their

Brit.-vin—

Stock Oct.

last report increased
Stock Oct. 1 (beginning of year)
152.000
20,699,000 marks. The following indicates the
amount of Deliveries during year
3,210,000
bulUon in the principal European banks this
week and at
Total supply for year
3,362,000
the corresponding date last year.
ConsumptioQ during year... 3,224,000
Oct.

that the takings

silver,',

and the Bank of Germany since the

eoui.

425

1,452,320,000 l,252,67r,000 2,704,996,000

and their consumption in each of the three years, all
reduced to bales of 400 pounds.
In this form the reader
can see at a glance the decrease in each item, from year
to year, both in Great Britain and on the Continent.

gold and currency for

Oct. 30, 1886.

6,383,000

421

Takings by spluners.. .bales
3,426,000
6,873.000
3,147,000
Average weiglit of bales
423
433
Takings in pounds
1,514.292.000 1.400.000,000 ;,974,292.O0O

table

the week covered by the bank statement to be issued to-day.

Wuk endini

2,975,000

42'

330,704,000 pounds less than in 1882-3.

of the Sub-

Total.

.

actual deliveries in Great
Week ending

Oontinent.

Takings by spinners. .bales
3,055,000
2,961,000
6,016,000
44'.
Average weiglit of bales
433
433
Takings in pounds
1,359,175,000 1,2S1, 113,000 2,643,588,000

1,693,928

Jan. 1 to Sept. 30.
Gross-Earnings
33.237.632 38,399,099
35.838,778 32,879,24lj30,251,613
Operat'g expenses ^2.016.66 22,856,839 23,SI7,360 22,281.277 19,483,435 17,S28,300

Oct. 1 to Oct. 1.

For 1884-85.

Britain and Continent.

1884-85.

1883-84.

241.000
6,609,000

525.000
6,762,00)

•,433,000

6,850,000
6,671,000

7,287.000
7,046,000

7,124,!;i00

179.000

241,000

525,000

1882-83.

391,0(;O

74,019,033,05.930,015 68,814,791 SI, .'58,572
•3.9(Hi.on(i!d5.21i;.310 89,725,113
:il.5Sl,197

The Assay Office paid .S281,357 through the
Sub-Treasury
for domestic bullion during the week, and
the Assistant
Treasurer received the following from the Custom
Hoiiss.

Stock Oct.

1

Deliveries during year...

Total supply
Total consumption

Stock Oct.

1

(end of

.rear).,

216,000

7,649,000

UcToi;iiK 81. 1885.]

Wo

have

I

HE

CHKOJNICLK.

consumption almost

ia tho foroxoitifc a loss in

was the growth daring the years previous to
1882-83, that being the season in wliich the expansion of
Making the comparison with
this industry culminated.

THE BURMESE DIFFICULTY.

as inarkoil as

that season, Europe seems to have decreased

its

consucnp-

453,000 bales (of 400 pounds each) in the two years.
brief history of this industry in Europe we

lion

To present a

Among

Comumplinn.

BHlain.

Halt* 400

Ooniintnt.

Inertcut.

TolaL

According

In<lia.

we

regard to the coming year

to our latest

past,

have

l>een those

arisen
British

news the difficnities have
movement has been

Indian authorities in

the

Empire.

Although the name of Taosbaw

061,000
429,000
310.000
236.000

not unreasonable to take
atory statements
78,000

the direction of the

—

Burmese frontier
a movement which may result in
the dethronement of Theebaw, and the annexation at
his territory to the Indian

2,843.000 2.696,000 5.439.000
3,350,000 2.7.'io,OO0 6.100,001
3.572,OiM) 2,056,000 0.328,000
3,640,000 3.198.00<J B,838.0JO
3,741.000 3.380,OOt) 7.124.000
3,660,000 3,380,000 7,0US,0UO
3.147.000 3.224.000 6.671,000

1879-80
18H0-31
1881-92
1882-93
1S83-34
1884-85

With

Deertatt.

IM.

187.S-79

some weeks

for

affairs

Burmah and the difHculties which have
between King Theobaw and the Government of
touching

made by
Great

the items of interest in the daily press relating

to foreign

not been removed, and an aggressive

give the following consumption figures since 1878.
Siiropran

485

is

not new to us, it is
a few explan-

for granted that

it

Burmah and

regarding

its

people

may

be of value to the reader in helping him to understand

37.5,0.10

tho present difficulty, and to judge of

also

have by cable

Mr. Ellison's estimates both of supply and consumption.

A glance at the
locked

map

lying to

State,

show

will

its

that

northeast

the

probible results.

Burmah
of

the

is

a land-

Bay of

As to supply he adopts for American cotton the estimate Bengal, and forming part of that Indo-Chinese Penof the Agricultural Department that the crop in the insula which
has been forced upon public attenUnited States will be one million bales larger than the tion of late by the
movements of the French
last one, or say six and three-quarter million bales.
Anam.
Burmah
bordered
Tonquin
and
is
in

After assuming that as the

of

4,650,000

it

bales,

he allots to Europe out

yield,

against say

1834-85 and 3,855,000 in

1883-84.

mate of

is

Europe's imports

3,900,000

From

bales

India his

in

esti-

1,500,000 bales, against about

From
1,000,000 bales in 1884-5 and 1,687,030 in 1883-4.
e.xpects 460,000 bales, against about 500,000

Egypt he

1884-85 and

bales in

393,050

1883-84.

in

bales

From

other ports be estima'es the imports at 400,000 bales,
In
wliich would be about the same as for the past year.

having made up a supply of 7,010,000 bales of
ordinary weights, he estimates the total consumption at
€,550,000 bales. The figures for the three years would

this way,

then compare about as follows.

These are

all bales

—

—

however, to get into trouble with the British,

Estmted. *Aetual Actual.
1884-85.

1885-86.

1883-84.

America

4,650,000 3,900,00013,8-55.310

India

1,500,000 1,000,000: 1,687,030
460,00ol 500,000; 393,050

Egypt
other countries..

400,000!

Total supply
lucreased vLsible stocks.

400,000|

472,720

year of the territory

named

IJecreased visible stocks.

1

44,940

Leav'g consump'n, ord. bales
6,550,000 6,016,000 6,363, 1 70
Leav'g consump'n, 400-lb. bales. t7,000,00o'6,671,000|7,046,000

One cannot but be struck with the
the result for the last year,

made on

the

British territory

Burmah had

and British harbors.

at one time a great reputation for precious

stones.

Latterly

although

it

have not been so plentiful,
bring to the King's treasury

these

said they

is

and iron are found, with
abundance.

still

bales.

very

is

allow

But granting
for

an

Our

liberal,

Consumption per Week.
Great Britain.
Continent
Total

'

generally called

—

aid Buddhists

in religion.

stocks

of

average weekly conlbs.)

1884-85.

1883-84.

60,300
62,000

70,500
65,000

72,000
65,000

13.5.,500

137,000

,

One main
Burmah, as

;

which one trunk will
The popula-.
oil every season, is found in large quantities.
millions
four
tion of Upper Burmah is between three and
Tho
millions.
under
three
that of British Burmah is
tree, of

460,000

128,300

— Upper

There are apparently
and the wood-oil
yield from 30 to 40 gallons of

for the

400

Burmah

is its forests.

The people are

in

tobacco and indigo

inexhaustible supplies of teak and pine

his figures will be reached,

ihe

(in hales of

wealth of

Burmah

In view of such facts as these, the sluggish market

dispatch also contains

the

that of British

increase

wheat,

;

in

for cotton at Liverpool can be no surprise.

sumption as follows

rice,

reward the labors of the husbandmen.

source of
it is

Cotton,

Gold, silver

marble, serpentine and amber in

view of
and must be territory of Upper Burmah

as given above,

assumption of a material improvement in

general business.

they

fact that Mr. Elli-

of

of Burmah was concerned, was that it was shut off
from any direct communication with the sea. Its trade
could oaly find its way to the outside world through

richly
*riie imports for 1881-85 are estimated for September, as the llKures
tor tbat montU havd not readied us by cable. Tlia totals are, however
•nbstantially correct.
) We
have reduced ordinary bales to 400-lb. bales la 18?5-6 by using
the same average weight a'* this year's average. With so large an a<lditiOD of American to the total, the average weights would probably be
bigher.

One

dom

.

son's estimated consumption,

the annexation in the

to British India.

from sixty to eighty thousand dollars a year.

216,000

I

1822,

the inconveniences of this annexation, so far as the king-

7,010,009 5,800,000 6,408,110

460,000

first in

then in 1824 and again in 1852, the result being in every

last

European.
from
from
from
from

On the west and southwest it is bounded by
what is known as British Burmah. This British Burmah,
in which are situated the large and prosperous cities of
Rangoon and Moulmein, which commands the mouths of
the Irrawaddy and
the two famous Burmese rivers
and which consists of the three provinces
the Saluen,
Aracan, Pegu and Tenasserim, once formed part of the
Burmese empire. It-was the misfortune of the Burmese,
Assam.

of case defeat and humiliation and

ordinary weights.

Imports
Imports
Imports
Imports

on the south by the kingdom of Siam, on the northeast
and nortb. by China and Thibet, and on the northwest by

1882-83.

is

a

is

about 188,000 square miles;

little

over 88,000 square miles.

most part of the Mongolian

race,

The present difficulty has arisen in connection with the
management of the forests. It consists with reason, that
British influence would be paramount in a country so situIt is the fact that it has been so from
ated as Burmah.
an early date in the present century; and British interests
have been cared for by a commissioner resident at ManFor many years, it appears, the
capital city.
been held and worked under
have
forests
and
other
teak
as the Bombay and Burknown
been
has
what
lease by
dalay, the

THE CHRONICLE.

486

Vol. XLI.

®

King Tlieebaw was in the habit, it ptottctai^s 0mmerctal ^uglislt p^etas
seems, of getting sums of money from the corporation in
RATES OF EXCHANGE AT LONDON AND ON LONDON
advance. Certain exorbitant demands made by him in
AT T, A TEST DATES.
was
King
The
with.
complied
the early summer were not
the
directed
Court
Supreme
bidding
the
BXaHANQE ST LONDON- Oct. 16. BXaSASBB ON LONDON.
wroth. At his
Latest
company to pay 23 lakhs, of which 12 were a fine. This
0>i—
Time.
Sate.
Time.
Sale.
Date.
was
decree
a
15
th
the
On
August.
of
12
th
the
on
was

mah

corporation.

issued ordering

in four instalments, on pain of a

of the property.

confiscation
its

payment

The company

to pay, appealed to the

refusal

persisted in

Viceroy of India for

protection, and ofiered to submit the matter in dispute to
Lord DuSerin expressed his willingness to
arbitration.

undertake the

But King Theebaw

arbitrator.

office of

will listen to no advice nor take heed to any proposals.
Such is a bare statement of the difficulty, as it appears in
its original shape.

It

has since become somewhat complicated.

claimed that the whole

afiair

owes

It is

now

origin to French

its

Amstordam. 3moB. 12 S's »12-338
Amstordani. Sight. 12'li4 «12-2^
Harabiirg..
3 mos. 20-49 ®20-53

Oct.

15 Short.

12-07

Oot.
((
Berlin
2050 ©2054 Oct.
»*
20-50 ®20-.54
Frankfort. .
Oct.
((
12-72i2al2-77is Oct.
Vienna
**
12-72is»12-77ia Oct.
Trieste
**
25-45 825-50
Antwerp . . .
Oct.
.1
Oct.
8c. Peterab'g
231i6»233,»
Paris
Short. 25-20 ®25-25
Oct.
Paris
3 mos. -^5-35 825-40
Oct.
it
25-61%®25-66i4 Oct.
Genoa
t*
Madrid
4531346
Oct.
"
Cadiz
45%a46
Oct.
**
Li8l>on
Oct.
51!lia5178
"
Alexandria
Oct.
"
Constant'ple
Oct.
Bombay
Dem'd
Is. ^6d.
Oct.
"
Calcutta
Is. eSJed.
Oct.
New York. .
....
Oct.
Oct.
HonK Kong. ....
Slianglial
....
Oct.

15 3 mos.

20-26
20-32
20-34
12-63

15 Short.
it
15
**
15

15
15
15
15
15

Short.
3 mos.

25-24

Checks
3 mos.

25-21

1ft

Short.

« 3 mos.
15
15
....
15
8 3 mos.
16 rel. frs
"
16
16 60 days
16 4 mos.
•'
16

46-50

100-51
Is. Oasjd.
Is. eSaad.

4-84
38. Sid a.
48. Sigd.

and that it is only part of a plan by which the
fFrom our own oorrespondent.J
French proposed to get the financial business of Burmah
London, Saturday, October 17, 1885.
into their own hands. The report is that M. Haas, the French
From a political point of view the past week is not barren of
ViceConsul in Mandalay, on the 3d of August offered to exciting events. Servia and Greece have been threatening
the King, if the forest leases of the corporation were can- loudly, but although their threatenings may be regarded
celed, to secure a French company which would take them somewhat in the light of vaporings, their personal means of
intrigue,

over.

Furthermore, notwithstanding the terms of a treaty offense not being particularly powerful, it is felt that a crisis
may at any time be expedited by the untimely display of false

entered into between France and Burmah, and signed at

notions of patriotic zeal. Hence the reports of the raising of
January 15, 1885, which forbids the King of
loans for war purposes are not received with favor. The prolonBurmah to grant any monopolies, a concession was made gation of the dispute is to be regretted, but so long as the
at Prome, on April 13, to the Count de la Bourdonnais, Great Powers recognize that the time is not opportune for resecuring to him exclusive banking privileges in Upper opening the Eastern question with the object of its final soluBurmah. No other bank is to be allowed. It alone is to tion, it is hardly likely that the present phase of affairs will
become more complicated. Meanwhile, however, trade with
be privileged to issue bank notes, to deal in mortgages and
Southeastern Europe must suffer.
and it is to have all needed assistance from
real estate
But we have yet another warlike development to consider.

Paris on

;

the Government in the shape of legislation.

A bellicose spasm appears to be agitating the notorious King
Of course the Anglo-Indians are indignant. The Theebaw, and an expedition to Burmah may now be reckoned
French have denied all knowledge of such transactions, amongst the early probabilities. Such an expedition could
and M. Haas has been recalled. The Count de la Bour- not, however, be looked upon as an unmixed evil. The
donnais, however,

is

still

in possession of his concession

present ruler of
;

judged by

Burmah

is little, if

at

all,

better than a savage,

his actions, while his hostility to everything British

and King Theebaw has come to no arrangement with the is proverbial. His removal could not be regretted by his subBombay and Burmah Company. The Chamber of Com- jects, whom he has treated with brutal harshness. Furthermerce of Rangoon have addressed emphatic protests to more, the institution of more intimate relations between the
the Governor-General and the Indian Council, calling not British Empire and Burmah would not only develop the
only for protection, but insisting that,

if

Burmah and

the

whole Indo-Chinese Peninsula were not to be left to the
tender mercies of France, King Theebaw must be got rid
of,

is

and his
the

less

territories

unlikely

annexed
some

that

India.

It

be

taken, as the annexation sentiment
in

England,

British

such course will

to

has

become strong

resources of the country, but is to us a subject of very considerable importance. It is through Burmah that the Indian
railway system can be connected with China and as there are
;

not far distant which shall witness
the establishment of a railway system in the Celestial Empire,
it will be well for us to bestir ourselves and haste to make such
arrangements to tap this important source of trade before our
China is now disrivals are in a position to compete with us.
posed to be friendly, and the present is an opportune moment
indications that the day

is

mainly through the stirring letters of
Mr. Colquhon, who has recently traversed the whole
to push any advantage we may possess.
region, and who insists that both for the sake of
The trade reports for the week do not contain any fresh
commanding the markets of Siam and the rest of the feature. A rather quieter tone prevails in the hardware disPeninsula, and for the sake of commanding the markets tricts. Liverpool advices, on the other hand, are becoming
from
of China, Burmah must become British.
With Burmah more distinctly favorable, the improvement reported
being
naturally
more
clearly reflected there than in
America
in their hands, the British could make a railroad
connecother quarters. A correspondent writes " There is a growtion between Pekin and Calcutta on the one
hand, and ing impression in commercial circles in Liverpool that the tide
obtain full advantage of the projected railroad system
of of depression has turned, and that the signs of improved
Siam on the other. As there is but little likelihood of trade, though still weak, all point to a revival of business. Tlus
France standing in the way, and as no stubborn resistance tendency is most apparent in the shipping trade, which has
with extreme severity. More goods are offering for
is expected at the hands of King
Theebaw, there is a suffered
the regular liners are better filled, and steamers
shipment,
strong presumption that a vigorous attempt will,
through which have been lying up are again being put in commission.
this Burmese trouble, be made to revive British
industry
by railroad enterprises both in China and in the Indo- The protracted depression has resulted in a general exhaustion
of stocks, and it is argued that once a spirit of confidence is
Chinese Peninsula. It is admitted that the time is
favorre-established, there will be a rush to fill up the vacuum, and
able; and both in China and in Siam railroads
are alreadv
'
that, consequently, business will receive a strong stimulus."
projected.
But the question whether the improvement is permanent or
:

transient has yet to be decided.
Cincinnati Indianapolis St. Lonls & Chicago.—
At the
annual meeting the old board of directors
Monetary affairs are devoid of life. In spite of the lateness
waa re-plected
except Mr. Lewis of Cincinnati, who was
succeeded by Gen- of the season, there are no signs of any hardening of money.
eral Supermtendent Jeffrey
of the Illinois Central Road.
The supply remains considerably in excess of requirements,

OOTOBEB

THE CHRONICLE

81, 1886.]

So great

which keep within very narrow bounds.

employmont

for

the

ifl

diffi-

balances,

that
advances for six weeks liave been granted at J^ per cent per
annum. This week's Uunk of England return shows that tiie
reserve iias re);uined nearly half a milliun of the previous
finding

culty of

suitnlile

was due to decreased note
was also increased to the
extent of about £81,000. Although money on the Continent
is distinctly dearer than with us, and the exchanges are conweek's

loss.

Tlie bulk of the gain

circulation, but the stock of bullion

sequently adverse, the shipments of gold to Continental ports
are very fitful, and not of suffleient magnitude to absorb
arrivals.
Compared with a year ago, the private deposits by
the Bank of England show an excess of fully £0,500,000.
The present total of £31,319,000 is a great deal too unwieldy
to be regarded otherwise than as an unfavorable illustration
of the state of trade. Still, a bona fide permanent accession
to business would soon absorb this sum. In dull times like
the present coin has a natural inclination to gravitate to the
chief centre. Country bunkers do not require to have such
large sums on hand as they would have were there an aver-

age business doing; consequently, if the trade revival develops,
a process of dispersion will set in which will rapidly reduce
the plethoric accumulations at the Bank of England. The
resen-e is nearly £2,000,000 more than it was a year ago
while the stock of bullion shows an excess of fully £1,000,000'
The rates for money have been as follows
:

Open market

Intereet allowed

ratee.

for dejxMlti

b]i

Traie BilU.

Xiondon

DtK't Wee
Joint
At 7 to 14
Six
aioek
Towr
Three
Ms Tkret Tout
Kontla ItonOu ITontfM StotUlu Months JKtmtfu Bankt. OaU. Date.
\

'

I

Sept .11 3
•
18; 2
" 25| 8
OM. Si 8
»! 2
••
161 2

ijta

-2 a -85««2M2 ®

-

IHalM i;M8
i«ai« 1M» 8»<a3KiMa>
Ik® - 190 - an» - iMa2

;2M32>i 3 a i2Ma -,:w<a3

H-

H

H-

N

«-«

8Ma8M2M9S

487

Tha quotations
GOLD.
LanUm aUMiaf<i.

for bullion are reported

m follows:

sjLrm.
OotlO,
f.

«.

Bar (Old. One., .oi. T7 DM
Bar lold. oontala'K.
SOdwU. •llTtr.M. T7 llli
Span, doubloou.ot.
8.ADi.doubloont.ot.

Oei.K
$.

T7

8M

n nx
...

Out. IS.

tf.

...

BarallTar

oi.

Ort.ll

«.

«.

mi

riH

Bar •tlTer.oontalBlii«S(r«.(Old..oa.

«H
uw

Oak* sIlTar
ot.
MuliMadole...ot. 47 S-M

4'JH
1A.1S

K

As an instance of the way in which the shipping companiea
have suffered from the depression, which it la hoped is now
giving place to a better state of affairs, the Royal Mail
Steam Packet Company can pay a dividend for the half-year
of only 10s, per share, whereas for the corresponding halt of
The shares fell
last year the dividend was £2 10a. per share.
£8 in consequence, the present price being somewhere about 40.
The Liverpool corporation have just raised £1,500,000 in 8^
per cent stock.

The

applications

amounted

prices varying from £100 lOd. to £99, the

to £4,010,000, at

minimum. Tenders

at £99 6s, 6d. receive about 79 per cent of the amount
applied for, those above that price being allotted in full. Tha
average price obtained was £99 lis. per cent.

The old established firm of Messrs. Cope Brothers & Co.,
tobacco manufacturers of Liverpool, has been privately converted into a limited liability company, owing to the death of
Mr. Thomas Cope. The bulk of the capital of £350,000 will,
it is understood, remain in the business, which has for the past
three years been yielding 10 per cent per annum.
A pretty considerable business has been passing in American railways this week. There is evidently growing favor
being shown by speculators here for this class of security, and
belief in a higher level of prices seems general. Every credence is given to the reports of improving trade received from
New York, and it is expected that in a very short time the
advance in freights, and the larger quantities of goods which

presumed will be carried, will affect traffic receipts. An
advance of from 1 to 4 per cent is general this week.
The following return shows the position of the Bank of
A return just issued of the savings banks and Post-office,
England, the Bank rate of discount, the price of consols, savings' banks in the United Kingdom shows that on the 10th
the price of middling upland cotton and wheat, and the Bankers
of October the total amount of deposits was £92,986,788,
Clearing House return, compared with the three previous £89,686,030 at the corresponding period last year, or an inyears
crease of say £3,300,000. Clearly the wage-earning classes
1882.
1883.
1884.
1885.
have been greatly improving their resources of late. The
*
«
Clronlatlon, excluding
«
M
7-rtay .t other bills.. 25.137,935 25,95S,630 26,114.150 26,678,390 pinch of hard times has not been felt so severely by them as
4,117,999
3,510,017
4,411.939
Public deiioslts
3,757.270
Other deposits
31,219,606 24,531,400 25,024,067 24..1.)4,093 by the so-called capitalists. They may have had to accept less
Govemm'tsecuritlea. 18,53-^.892 15,209,998 13,079,008 12.931.017
return for their labor, but they have secured
Other securities
22,120,059 21,314,780 20,13ii,453 23,183,841 money^ in
Bes'Teofnotes&coln 12,158,293 10,280,849 12,388,435 10,257,374 advantages, more than commensurate, in the cheapness of
Coin and bullion In
both departments.. 21,546,134 20,489,479 22,932,585 21,183,764 foodstuffs and textile manufactures. So far as the necessaries
Proiwn'n of reserve
power of money during
35% p. 0. of life are concerned, the purchasing
3514 p, 0.
34'54p. o.
43% p. C.
to liabilities
3 p. e
3 p. 0.
Bank rate
2 p. o.
3 p. o.
the year has beenlappreciably enhanced.
IOII3
10118
lOOied.
lOl^ig
Consols
According to Kemp's Mercantile Gazette, the number of
40a. 8(1.
39s. 2d.
32B.2d.
30h. 7d.
EnK. wheat, av. prioe
5i4d.
.5i4d.
6d.
Skd.
Hid. Upland cotton..
failures in England and Wales during the week ended Oct. 10
I0»9d.
9!ltd.
SSsd.
S'^sd.
No. 40 mule twist....
'"
Olearlne-House ret'n. 83,994,000 121,796,000 127,518,000 148,550,000 was 73, or 13 more than last year, the increase to date being
England and
rates at the 581. The number of bills of sale published
market
and
open
The Bank rate of discount
chief Continental cities now and for the previous three week s Wales during the week was 249, or 11 more than in the correhave been as follows:
sponding week of last year, and raising the increase to date to
578, The number published in Ireland was 25, or 7 less than last
1

® —
w* -

1»4»
1

-

3

H-H

& —Mi92
- i^aa

it is

^iHtyim

m

Sept. 24.

BateeoJ
Intereetat

Bank 0|i«n Bonk Open
RaU. Market Bate. Market

2«

Puts
4
4
4

Berlin
Frankfort.

Hamburg
Amsterdam

2H

Brussels

9
4
4
e

Madrid
Vienna

254

4

Sank Open
BaU. Market

Bonk

Open

Bate.

Ifarkei

1«

3
4
4

2H

a

2

an
2H

2^4

4

"Hi
254

4
4
4

3

4
4
4

9H

8!4

2)*

2M

3)4

3

2«

8

2«

3

4

4

4
4
e

4

4
4

3«
3
8
4

year, the net increase to date being 38.
The offlcial|return8 of the French wheat crop

show

that the

area under cultivation this year was 6,969,063 hectares, producing 110,377,405 hectolitres, equal to 84,717,000 quintals.
Last year the figures were 7,053,221 hectares, yielding 114,330,977 hectolitres, equal to 88,334,081 quintals. The average
wheat per hectare this year amounted to 13*16 quin-

yield of
tals,

against 13'57 quintals in 1884.

The wheat trade has been in a somewhat undecided state
Bt. Petersburg..
6
6
6
during the week. At first steadiness prevailed, and a further
Copenhagen.
4
4
3«
3«
advance was required, which buyers occasionally conceded to
Messrs. Pixley & Abell write as follows on the state of the
the extent of 6d, per quarter. But the close of the week
bullion market
some reactionary symptoms, the advance not only
witnessed
Gold is in strong demand for the Continent, and all arrivals of bars
and loreipn coin have liciiu taken for export; the only (jold sent into the being checked, but had there been any inclination to free
bank conmsts or sovereiKna, to the value of £ I3J,000. chictly from Ausrather lees
iraliu.
On the otbrr hand, bars and coin costins *208,0ii0 have been sales they could only liave been arranged by taking
withdrawn. The Vcm-tia has brou«ht «105,3-0 from M"ll)oiirno. the money. The marked change in the weather, from cold and
Nepaul has br.iu;,-lit £33.94i» from China, the Cilhay hiis brought *20,400 fiiuu Bombay, and the TaKua *86,580 from Klvcr Plate. Total. wet to bright, warm sunshine, no doubt had something to do
£246.300.
with the altered conditions of the market; but the main cause
3W

4

8J4

3«

8M

Silver— With a steady rise In Indian exchani;e.s since our List, and
with the prospect of an order on Spanish Government account, the price
of silver has a<lvaiict*(l to 47^jd. per oz. standard, at which the niatket
close! tirm. The Calcutta markets are clo.^ed till the 26th inot owing
to the Uoorga Pooj .h holidays. The only arrivals during the week have
been about £iO,' 00 from New York and £8,000 from South America.
TUe P. & O. steamer takes £55,00 to the Kast.
Mexican dollars have fallen in price, with the lower rate at present
ruling in Paris: and the unsold portion per Prench steamer rinili/.cd
47 9-16d. per oz. on French Government account. The I.Hrayctte
,

1

brought £25,000 from Vera Cruz, and wo have received about £10,000
Ironi

New

York.

of the weakness seems to have been the relapse telegraphed
from New York, the improvement noticed in the middle of

the week having been about lost. It was also rumored that
the "bull" speculation in the United States showed signs of
breaking up. These reports may, of course, be taken for what
they are worth; but for all that, they did not fail to influence
the trade. There never has been much speculation here in

THE CHRONICLE

488

reproduced
grain; consequently American fluctuations are only
that the
in a very minor degree. The chances still seem to be
the perbut
position,
firmer
a
assume
ultimately
trade will
manent establishment of a higher level of values can only be
accomplished very gradually.

The following return shows the extent of the imports
cereal produce into the United
«ix weeks of the season

the

Kingdom during

tUFOBTS.

Wheat

owt.

,

Barley
Oilt».

Peas
Beans
Indlanoorn
Flour

1883.
9,273,936
2.007,036
1,389,104
69,519

1884.
8,763,652
2,6<0,!)13

1,474,365
128,534
448,535
2,766,319

566,220
-.
3,121,605
1.255,761

1,18.1.091

1,812,768
83,877
129.297
2,123,060
1,665,633

363,=i51

$6,673,379
289,012,992

$5,855,520
276,348,269

1884.
8,768,632
1.886,422
6,193,500

5,867,030

1882.
11,210,415
1.665.683
4.975.2U0

17,148,574

16,787,238

17,831.238

1885.
Imports of wheat, cwt. 8,063.93
1, 2.13,764
Imports of flour
8Wes of home-grown.. 5,502,174

11,821,869

lotal

1883.
9,273,9^6
l.G16,:^3

2

of tne sales of home-grown wheat, barley ami
leading markets of England and Wales during
the first MX weeks of the season, together with the average
prices realized, compared with the previous season, are shown

The extent

Sreat Bi-italn

France

SineeJan.l.

$11,730

$313,390

1,750

12,311
64,461
5,530,859

SineeJan.l.

$426,123
1,811,150

$

4,4-25.068

267,352
343.397

42',735

1,215,832
31,469
737,357
71,017

Tstal 1885
Total 1884

$10,480

1883

119,000

$6,533,800
37,930.601
561,043

$51,476
129,760
1,078,553

$8,718,015
13.553,063
9,990,409

8,74 i

.

.

Total

.

7,.577

Silver.

in the following statement:

^e

««'"

».

383.5 <'4

1883.

1884.

n

2.i2.587 31
54,445 19

i^

*«'-

a.

».

1

432,706 33
346,033 32

2

63,841 19

Av'ge

Sales.

Prin

^est In'lles
Mexico
South America
All other countries...

d.

d.

s.

3

406.179 41

2

2
5

227.51933

6

105,177120

3

$

$27,904
19,569

6,675
12,096
12,977

474,197
356,655
719,431

$11,148
86.959
232,332

$1,606,7«2
3.120.513
4,950,623

$201,623 $11,807,318
15,143
599,046
140.818
238,155

areat Britain

1885.

Wheat, grs..
Barley

Week.

18,6o6
9,000

Vestlndiea ........
Mexico
.... ......
3outh America
All other countries

oats in the

<Jats

Imp iiru.

Exports.
sold.

Week.

1):

1885.

$5,714,072
265,643,895

$6,778,244
239,943,626

The following table shows the exports and imports of specie
at the port of New York for the week ending Oot. 24, and
since January 1, 1885, and for the corresponding periods in
1884 and 1883:
EXPOBTg AtJD IMPOaXS Of SPEOIB AT NEW YOBK..

Supplies available for consumption (exclusive of stocks on

September

1884.

1883.

1882.

For the week...
Pre V. reported..

Total 43 weeks. *282.203,789'$295, 686,371 $266,721,870 !271,357,967

1882
11,210.415

3,874.851
1,646,332

1,886,4-22

In our report of the dry goods trade will be found the im'
ports of dry goods for one week later.
The following is a statement of the exports (exclusive of
specie) from the port of New York to foreign porta for the
week ending Oct. 27, 1885, and from January 1 to date:
IJIXPOBTH FBOM NEW TOaK KOK THK vPKEK

of

first

:

1885.
8.063,931
2,152,S89
1,572.979
178.921

fVoL. XLl.

sV.osi

22,700

685,026

Total 1885
Total 1884
Total 1883

9,0,;6

$239,466 tl3,505,"91
277,100 11,474,992
261,207 12,719,226

Of the above imports for the week in 1885, $31,863 were
American gold and $8,949 American silver coin. Of the
exports during the same time, $29,100 were American gold
v
coin and |25,150 American silver coin.
1884.
1833.
1885.
6,493,500
5,867,030
5,503,174
Wheat.
United States Snb-Treasury.—The following table shows
The following shows the quantities of wheat, flour and the receipts and payments at the Sub-Treasary in this city, as
well as the balances in the same, for each day of the past week
maize afloat to the United Kingdom:
Converting quarters of wheat into cwts., the totals for the
whole kingdom are estimated as follows:

At present.

Wheat

qrs. 1,3110.000

Flour,equalto qrs

Maize

qrs.

147,000
301,000

Last year.
1.580.000
112,000
123,000

Last week.
1,160.000
133,000
309,000

1883.
1,630.000
153,000

Balaneea.
Date.

Oct. 24.

EOKllsb Financial iTtarkets— Per Cable.
daily closing quotations for securities, &c., at Lonion
*re reported bv cable as follows for the week ending Oct. 30:

"
"

26.
27.
28.
29.
30.

"
•'

"

London.

Sal.

peroi
Consols formoney

2ion.

4741
47>ii
1005,a lOO^ia
ior.38
Console for account
1005,8
80-45
Fr'oh rentea (In Paris) f r 80-35
116% 11618
U. 8. 4i«8 0f 1891
U.S. 4s of 1907
1274 1274
4fli4
Canadian Paoitto
5138
Chlo. Mil. <feat. Paul.... 87^
834
2259
£rle, oommou stock
2318
Illtnols Central
1384 133^
5658
561-2
Fenneylvaula
FbUadelphiadc Reading 1158
II 'e
Sew York Central
1064 106
<J.

Tues.

Wed.

47 «a

~47^

1003,8 1003,8
lOOSjB 1003,„
79-7719
1164 116i«
127S8
12-38
SO-'s
511a
8818
9018
2218
22''e
1384 1381a
56Si
57
10%
ID'S

ol-l-Jifl

1054

106

Thurs.

Fri.

100
1005(8

477,8
1005,8
1005,0

80-12^

Henry G. Hall, President; Herbert

&

last

90''8

9C.38

21%

Ills
llOiSs

II

1104%

8.

lately

Capital
Hall, Cashiei-

following are the imports at New York for the week ending
(for dry goods) Oct. 23 and for the week ending (for
genera'
merchandise) Oct. 23 also totals since the beginning of the
;

week

in January:

FOBBIOH IHPOBT8 AT

MKW

Nortlieastern.

1882.

Dry Goods

$1,820,611

Gen'lmer'dlse..
Total
Since Jan.

1383

1884.

Orleans

& Texas

3,837,1-22

$2,171,280
7,401,87

$7,637,733

$9,933,152

,261,113

$i.342,311

$111,171,755 $106,06",U3
303,571,063 275,809,,'>78

$99,919,011

$35,335,069
234.171.776

$1,625,426
6,716,915

1.

Dry Goods
Gen'imer'dlse..

235,2(-0,461

Total 43 weeka. 417.712, OIS $331,876,726 $355.2 19.S03 |!319.50R.845

&

—The

&

—

Sh ares.

Shares.

20 Manufacturers&Builders'
Fire Ins. Co
1034
30 Hanover Fire Ins. Co.. ..I28I9
132
40 U. S. Fire Ins. Co
57i«
20 Howard Fire Ins. Co
Hri

1885.

Paelflc— Vicksbnrg

15
48

named above have voted

116 Firemen's

TOBK.

New

Ins.

Co

83ifl

Coniniercial Fire Ins. Co. 35
Ins. Co.. .101

330 Hamilton Fire
Jbr Week.

49
23
63
41

stockholders of the three companies
to issue the prior lien bonds, to
take precedence of their old mortgages, in accordance with
the resolutions of the Alabama New Orleans & Texas Pacific
Junction Company, recently reported in the Chronicle.
Crescent
The inclines for the transfer ot cars of the Queen
RR. over tbe Mississippi, at Vicksburg, were completed Oct.
27, and the steamer made a successful transfer of three loaded
freight cars and one 50-ton engine from tbe Mississippi to the
Louisiana side. The Vioksburg & Meridian and the Vicksburg
Shreveport & Pacific roads are now standard gauge, which
enables them to handle freights without breaking bulk, which
Under order
will greatly increase the business of the system.
of the United States Circuit Court, Major Frank S. B.md, President of the Cincinnati New Orleans & Texas Pacific road, was
appointed receiver of the Vicksburg & Meridian road on Oct.
This was done on a judgment for $30,000 for money
29.
loaned to pay interest on the bonds of the road. Mr. Bond
says that as receiver he will continue the improvements now
going on, and will make it one of the finest roads in the
country.
Anction Sales. The following were sold at auction lately
by Messrs Adrian H. MuUer & Son:

l!6lll

IMPOBTS AND Exports foe the Wkek,—The imports of last
week, compared with those of the preceding week, show a
decrease in dry goods and an increase in general merchandise.
The total imports were $8,342,341, against $7,939,888 the preceding week and $9,4.51,738 two weeks previous. The exports
for the week ended Oct. 27 amounted to $5,714,072, agains
t
$6,138,055 last week and $6,475,079 two weeks previous. Th»

first

Cincinnati

I27I9
5039

56\

15,102,658
15.061,065
14.713,741
11,760,433
14,610,278
14,579,236

159,819,663 26
160,5u6,4"i9 53
161,517.485 07
161.«04,695 36
162.632,382 38
163,001,956 24

Meridian— Vicksburg Shreveport & Pacific— New Orleans

514
221s

09
34

10
39
60
5"
1,123,328 33
"724,003 15

7,910,731 14
4,593,978 14
Includes $4 1,000 gold certlflcates taken out of cash.

1274

133
57

13
40
54
64

1,105,596
1,446,062
1,634,263
861,115
1,880,858
982,535

$
452.714
800,859
968.561
529.513

Total...

II6I3

National Banks.—The following national bank has
been organized:
S,401— The Black Hills Na lional Bank of Rapid City, Dak.
$30,000.

Currency.

Coin.

'254,000

The

Bllver,

Payments.

Receipts.

27
26
30
40
20

Piu-k Fire Ins.

Home

Ins.

Co

100

Co

126

IVople's Fire Ins. Co
102
Germnnia Fire Ins. Co... 125
American K.xch Fire Ins. 102
102
61) Pacittc Fire Ins. Co
50 Kings ';o. Fire Ins. Co. ..217
3"i .Standard Fire Ins. Co. ..100
6< Rufger.i Fire Ins. Co
llOifl
40 Niaeira Fire Ins. Co
133's
131
SOPhenix Fire Ins. Co
25 Manhattan Fire Ins <2 for lot
. .

200
200
200
48

Patcrson Gas L't Co., N.J. 90
4538-'«
Canton Co
Seventh Wd. Nat. Bank. 1014

Central N. J. Land Imp.
11
Co. and $15 scrip
Ill
30 City Fire Ins. Co
10 Standard Fire Ins, Co. ..100
2,615
13 Chemical Nat. Bank
265
23 City Bank
275
ISOBi-oadwav Bank
320i2
200 .Im'k,son iron Co
155
SOP.u-k Bunk
50 J People's » l.'tCo.,B'klyu 84^
loin's
4i Niirl 11 River Ins. Co
350%
5 UiiiouTni.st Co
I

71 Piiterscin()a»L'{, Co.,N.J.

M^

500 Blancliard IClectriu Lnht
and Power Co ....'S7c. per

sh.

1,500 Ulancliard Electric L't
and Power Co
36c. per ah

UcroBSK

THE CHRONICLE.

81, 1885,]

She ^iinktvs'

Oolis.—The following are qootatiooi In gold torfMMMMiM
• •4 80 miTsr «MMld <M. - M%* PM.
M3 H3
NaiMileoDa
s'l
• 3 III PITS fnao*
—
• — 99
X X Relobmarki. 4 74 • 4 80 Mexican dollan.. — 93
B8>«» — ISia
X Kiillili'rn
3 00 » 4 00
Do nnnummaren. —
• — ,...
"(aii'li

(§nitXXz,

a<IT«r«l«M

OIVIOBNDS.
The foUowInK dlvldeada have recently bees winoanaed:

Mc\.
Ptr

Nam€ of Company.

rin
Fin

Book* Uloiea.

{Day

PayabU.

ettU.

inelu*iv€.)

it .Maliii'

Coiucml

Cliu'liiiiiiti

Han.

Huiirhi'xtt'i'
N. Y. I'rov.

A
>Vi

&
2

Not.
Not.
Nov.
Not.
Not.

3>«

Nov.

2
2

Not.
Nov.
Nov.

A Mon treal,
tV

pref
CU'VP.. pref ....

Lawrence
KosKiii

(iitiar.)

i"

1
,

Diiiildoonii.lS Mi «in 70
Peruvlao eola
l>c)iililoon«..15 &.S
115 65
Kncllaballver....
zolil iiarn...,
paritUpro" U.H. trade doltari
silver l>arii .. 1
1 0i>«
. 0. «. iil1r»r.loIl»r,

02%»

IMni.<i<.V ig illiiimi.

RMllroada.
Boston
Biistuii

93

2
2
2 Oct. 28 to Nov.

5

1801
4>««. 1801

16
a

which

it

is

InlmrM

Oct.

OtI.

Ocl.

Oct.

Oel.

24.

2a.

87.

28.

89

...ntf

O'.niir'o}', '95, ...re(j,;j.
6i, car'oy, '96. ...re»t.[J.
d«. our'oy, '97. ...re»f. J.

8<.cur'oy. 98. ...roK. J.
6n.onr'nT. 99. .reir. J.
.

*

Thia

la

A
A
*
A
A

J.
J.
J.
J.
J.

•

•134VM340«- 1343,|MS4\
.,
.
. . •134V 134V

•l36%l-136V'iaC«|-13n^B'136T8. 136 V

the prioe bid at the morutnc board: no latt was made.

—

:

;

;

;

;

;

supposed will

;

stronger
than
anything heretofore
known among
those lines.
The close of lake and canal navigation
will now take place in about a month, and this will facilitate
the carrying out of any trunk-line agreements.
The reported
negotiations touching respectively the affairs of Erie, Lake
Shore and Nickel-Plate, New York & New England, Baltimore
& Ohio and Central of New Jersey, C. C. C. & I. and Alton
& Terre Haute, Philadelphia & Reading, and some other companies, have none of them yet crystallized and been given to the
public in such a shape that any opinion can be formed of them.
The open market rates for call loans durinu: the week on
stock and bond collaterals have ranged at li@4 per cent and
to-day at 2@3 per cent. Prime commercial paper is quoted at

bo

Clotitig
Price.

4®4ip. c.
The Bank

of England weekly statement on Thursday showed
a loss in specie of £173,4-11, and the percentage of reserve to
liabilities was 39 3-10, against 35 9- 16 last week: the discount
rate remains at 2 per cent.
The Bank of France gained
685,000 francs in gold and lost 1,581,000 francs in silver.
The New York Clearing House banks, in their statement of
Oct. 24, showed a decrease in surplus reserve of |3,510, 100,
the total surplus being 131,037,400, against 186,553,500 the
previous w^eek.
The following table allows the changes from the previous
week aud a comparison with the two preceding years in the
averages of the New York Clearing House banks.
1885.

Differ'nceifr'n
Previout Wttk.\

]

Oct. 21.

1S84.

1883.

Ocl. 25,

Ocl. 27.

8A,

1I3>« llSi^ 113H'll8'H,'113>i
113>4,MI3H 1I3>4 113>«Ml*>ii ll3ia
'
M23\i 124
;'«
124
124
123V123T« 121
124
103>ii 103H 103'tl*103'
•128>eM2'*>8 128V» •128'( -ij^'t
•:303bM30^ 13012 'ISO's i:<0i« 130 «
M32i«»132'a, 132'>8M32»»'13-.;«a '132H

State and Kailroad Bonds. State bonds continue to bo
very actively dealt in, the transactions covering a large number
of issues, as follows
$439,000 North Carolina special tax
bonds at 74-8i ; |80,000 do. Cs, Chatham Railroad issue, at
6-6i ; $7,000 do. consol. 43 at OOJ-Ol
$141,000 Louisiana
stamped 4s at 71i-73l $103,000 Tennessee 6s at Slf-.W ;
$5,000 do. compromise bonds at 60i $125,000 Virginia Ss
deferred at 13i-13i
$5,000 do. trust receipts at 13^ ;
$60,000 South Carolina 68, non-fundable, at Sj-OI
$12,000
do., Brown consols, at lOOJ-UO
$4,000 Arkansas 7s, Central
Railroad issue, at 8.
Railroad bonds have not been quite as active the past week
as in previous weeks, though the business has still been large,
and many classes have made important advances. The speculation in Erie 3ds has been heavy, as usual, and strong bull
points have been circulated, relating mainly to the negotiation
of the new loan on the dock jiroperty, and the possible
payment of some of the overdue coupons. In the table below
will be found the closing prices of a few leading bonds, with
the closing prices of last Friday, and the range since the first
of the year.

—

violation,

a - ....
pw.

M%»

Ptriodt.

4«, 1907..
...re((|Q. -Jan.
4a. 1907..
. ooap
(J. -Jan.
3a, option U.8, ...re»c.Q. -Feb.

2

market.
On the contrary, the prices of
other stocks have been hij^her this week
and the condition of the general market
a halt than of a decided reaction.
This
is certainly healthy, and the ab.sence of a sharp decline after
the quick advance of the past month, is perhaps a better evidence of confidence in values fhau was the advance itself.
While prices of stocks and bonds are thus held with a fair
degree of firmness, the developments in the railroad world are
not rapid.
The chief negotiation of all that of the trunk-line
managers— i.f reported as progressing favorably, and they are
said to be perfecting an "iron-clad" pooling agreement, with
for its

-

par

-Mar.
.ooup IQ. -Mar.

4>ait,

occurred in the stock
St. Paul and of some
than they were before,
has rather been that of

penalties

• — 75
« 4M

74
4 78
83

10

WAI.1. tlTREET, FaiOAY-S P. M.
Tbe Money Market and Financial Sitnation.— It can
hardly bo said tliat any reaction of mucli importance ha.s yet

money

»0>fa

W

—

United States BondR.— Government Ixinds have been moderately active, at slightly advancing priccn
The cloeing price* at the N. T. Board hare been as follows

la
9

Bttiik.

American Exrli. N:iiion»l
iniacollHnouu*.
American Bell Irlciihono (extn).
luwa HU. I.aiiil Co
Iron Stenmbout Co

480

N. Y. L. E.& West., 2d con. 68, 1969
N. y. Chic. & St. L., Ist, Os, 1921...

Deny,

r

.V.

Rio Grande,

let, 78,

l«t cousol., 7», 1910
Di nv. & Klo Gr. West., 1st,
East Teuu. Va. & Ga., con.,
Income, 6s, 1931

N. Y. City

6s,

Oct.

23.

30.

1900

81>fl
83''r
lltt'H

1911

H3
69 H

5e, 19301

& North., 68. 1910

& Ohio, series B, 1908
Cnrrencv, Cs, 1918
Oregon &Trau»-C., l.< 6s. 1922
W( 8t Shori>. Trust Iteei ipts. 58. 1931
Colorado Coal .fe Iron. (is. 1900
.\rlantic & P. W. D., Ist, 6s, 1910...
Incomes, 1910
Chesapeake

*

Oel.

Previous to September ranse

Is

61S,
IS^e
..

6HH
27 "4
8S7«

82Ts

Bange since Jan.
Loieett.

45i4J"ne.

87% 06
80
H'i

46%

-May.

Jan.
Jan.

37i4Jan.
44 JuD.
20% 10 Jan.
.54 1«
33 Jun.
7258 58 April
29
14 AirU
94 '4 6414 Feb.
747h

64

45 'si 45'«

2-i la

Apr-

SSI*
783»

Sl^j

.56

Jan.

79:^1

09

Miir.

23

23 '4

13i« Mar.

1.

Highat.
84 % Oct.

92 1« Jan.
11838 Oct.
85 14

<Jct.

79

Mar.

75i4 0ct.
64ieOct.
2138 Oct.
54'4 Oct.
29>4 Oct.
94»a Oct.
46>s Oct,

89
80
24

Oct.
Oct.
Oct.

for the Iromls.

—

Railroad and MIscellaneoag Stockn. The stock market
LoauH ami tils $310,247,100 Ino .$1,774, 100 $291,68:?.400 $321,912,100
Spei'iu
101>,B17.SOO Dec. OtOl."?, 010,
78.:i92,H00
52,45-,?,HOO has been much less active the past week than the week before,
l(i.00-',600 rn«
Oirculatloii..,
62, OOol
12.920,000
l.=>,349.'<i
but still a good business has been done and some animation was
Net ileponita.. 3-.5.1S9,60« Dec. 2,<>0ri ,800 31.5,73.;.(iO0 30S,5i;3,40cl
manifested at times. The course of prices has been very irreg•20,717.501. Uao. 1.154 800
Le«;al tenders.
32,723,'iOO
24,380.5,
Legal rt'servi $9B,2il7,400 Deo. $851, 7(i0 «78,933, 50 $77,141.8.>0 ular, and while there is no certainty that the bull movement
Besurve held. 127,331.800 Dec. 6,167, 800 lll.lie.OOO
76,833.3uo has come to an end, or that prices have reached their highest
point on this rise, yet there has been a decided check to the
Barplne
»3 1, 037,100 Dcc.$^.5!C,100 S^2,182,8S0 Def.«307.^^0
uniformly strong and advancing market which we had for
Exchange. — Sterling e-xchange has been very dull all the sever.il weeks previous.
Reactions were accomplished with
week, and at one time was weak in tone, some drawers tem- comparative ease, the more so as it is apparent that some of the
1

reducing posted rates \ cent; but the scarcity of
commercial bills preveated this weakness continuing, and rates
have latterly Iwen firm. Posted rates are still 4 84 and 4 86.
To-day tne r^ites on actual business were as follows, viz:

porarily

Bankers' (iO lays' sterling, 4 83^^4 83}; demand, 4 .S5J^ (^4 85.^.
UftDles, 4S5i(fS4 8.5J. Comnierciai bills were 4
8U(gl4 81|. Continental Inlls wi-re: Pnincs, 5 21l@5
22i and 5 19|; reich-

*nd 95J; guilders, 40@40i and 4)iaiO|.
The follortini; were the rates of domestic exchange on New
Tork at tile ui lor-aientio'ied cities today: Savin.i'ih, i>uving
i discount, .s,'llini/par@i<li.scount; Charleston, t^uying 3-l6@i
mark.s, 95

discount, si'lliii^' I premium; Uoston, pir; New Urleau.s, commercial, 17.") di.sv'ount; ;>ink, nominal; .-ii. Louis, 50 discount;
Chicago, 2-)clisfount.
The i-iiti!' of l.'uliiu; i.iiikers are as foiinvvs :
OeiobcrS
Prill

Parl«(fi

84
«82i4':4 8J>«
i 81%/fi S2
i

•'

P""!""
Uociiirjiiii.'i J

.•nint-rolal

,i],.8)

k

Amster.l.iiii (j{ullit«r6)

Fr»ukriirt

..r

Hi-HmHi (relohinarkiil

&

Dtu

:

tirllHKOillBiiu rxinduii...

I

"m

>

40>]ii/'10>«

10%
403^3404

A5'i>05i|ii

957,aa95>«

2iTj3,s

recent bull party are willing to see lower prices, at least for a
time, to enable them to load up again, since they have sold out
to realize the handsome profits obtainable on the late advance.
There has been very little news of importance to affect speculation, but that little was generally of a favorable character and
caused some strength in certain stocks.
The usual Lull points
were circulated in regard to St. Paul, and that stock was about
the strongest on the list, leading the other grangers in a further
advance.
Reading has had an active speculation, and after an
early advance has been irregular; the report of higher coal
rates and that recent buying was for the Vanderbilt account were
The Erie
the principal infiuences brought to bear on prices.
negotiitions have not yet been given to the public, though the
placing of some or all of the new loan is a-sserted on good
authority.
The option to call Northern Pacific pref. stock at 50,
and common stock at 25, on the O. T. notes, expires Oct. 31,
Trust Company that a
and it is stated at the Farmers' Loan
largo amount of the preferred and considerable of the commoif
have already been called.
To-day the market was only moderately active, but prices
were gctierally strong, and closed at figures which in mosF
cases were at or near the best of the day.

'

I

THE CHRONICLE.

490

[Vol..

NEW YORK STOCK EXCHANGE PRICES FOR WEEK ENDING OCTOBER

30,

AND SINCE

HIGHEST JlSD LOWEST PRICES.
STOCKS.

KB.

Active

Saturday,

Monday,

Tuesday,

Oct. 24.

Oct. 26.

Oct. 27.

48I4
431a

4938,

49

4558

4214

42

43 14

Stocks.

Canadian Pacitlo
4412

Canada Southern

Central of New Jersey
Central Pacific
Cliesapeabe & Ohio
iBtpret...
Do
2dpref....
Do
CMcago & Alton
Chicago Bnrlinaton & Qiilnoy.

Chloa«o Milwaukee

Do

& St. Paul.
pref.

& Northwestern

Chicago

Do

pref.

Chicago Rock Island & Paciflc.
Chicago St. Louis & Plttsluug.

Do

pref.

Chicago

& Om.

Paul Minn.

St.

Do

pref.

Cleveland Col.Cin..t Indianap.
Delaware l.aika wiiniia ()i West
Denver & Rio Grande
East Tennessee Va. & Ga

Do

4612
48=8

44% 48

47%
42% 43M
7% 8
14% 14»8

8
8
*14
9
1341a 137
132 13238' 132 132
84»4 86
84=8 80
113 113
113 113
108^8 109 12 107^8 109
I33I2 I34I2
13334 135
123 12.5
1221a 123
*12
'13
l.'j
16
32I3 33
33
32
37I4 38
36% 371a
99
98% 9938 98
65I2
63
63
«4
llSmiS's II714 119
16^8 18
16% 17%

pref.

& Terre Haute
DeiiverCity
Fort Worth
Green Bay Winona & St. Paul.
Houston & Texas Central
minolB Central
Indiana Bloomingt'n & West'n
Irfikc Erie & Western
Lake Shore & Mich. Southern.
Iiong Island
liOufsviUe & Nashville
Ix)ul9. New All). & Chicago.
Manhattan Elevated, consol..
Memphis A Charle.'ston
Michigan Central
Minneapolis & St. Louis
pref.
Do
Missouri Kansas & Texas
Evansviile

<fe

9

6I2
III4
5934

21

V

9

6%

638

11% 11%
59% 60
21% 21%
5% 5%

ll^a

GO
22

6
36 14
3515 36I4 *33
1341a I3412 134 134
20
19% lO'a
18
1258
11% 12%
12
8II2 83
80
82%

"74% 75
44
45%
4514 46=8
*33

..

Do

Norfolk

cfc

13

13"8!
34I4!

53%

pref

lis

24
151a

Oregou Slioit Line
Oregon & Trans-' om inental
.,

Richm'd&West fnt Terminal
Rochester & Pittsiiurg
St. Louis & San Francisco

Do
Do

&

Do

pref
ist pref

DiUuth
pref

St. Paul Mimienp.
Texas <te Paciflc
Union Pacitle

& Manitoba.
Paciflc...
pref.

intscellaneouB Stocks.
American Tel. & Cable Co
Colorado Coal & Iron
Consolidated Gas Co

Delaware & Hudson Canal...
Oregon Improvement Co
Oregon Railway <Si Nav. Co.
.

75
"514
2II4
3979

90
28
89

2534
54=8

50

4234

47
42 14

46

43%
47%

14%

9%

43%
8%

43
8

14% 16
9% 10%

135% 138 139
131 '8 132
131% 132
86% 8678 88I4
85
11214112% 113% 113%'
108 109% 109% 11(1%
133 133% 134 I3514
123% 123%
124 124
14% 1434
15
13
33% 33% 35
33
36I4 37I4
37% '3778
99% 99% 99% 99%
66 '4
62% 62% 64
117% 118% 118% 119%
I8I4
18%:
17%
16%
1.35

6%

III4

6%

12

6%

678

11% 12%
*58

5

12
33
25

44
.34%

45%; 45% 46
34% 34>4 40
IO914 109 109%
*34

36
75
21
46

75
21

44
27 14 2779

101% 102%

247g
.52%

2634

19%

2078

20%:

22

19%
18% 2OI4I
74% 74%;

20

1914

19%

2179

32

31

31%

3978
8934

23781
1614:

27I4

27%l
20%,
32

5%
20

514'

2014

8934

39% 89%
89% 90

28%

28

41

1%
24%

II4

24

2714
2779

27%

2878

28

28

25

2578

*65

96% 96%
97% 99%
31
9579

31
97

140
100
59
117

American
United States
Wells, Fargo & Co

Inactive Stocks.

>130

102
60
118

8%

*14

Charlotte Col.&Aug
Cincinnati Sand. & Cleveland.

33

Western

.

pref.

75

n40

145
104
60
117

Paciflc

&

97 14 99 14
31
31
96
97
133

76%
145
103
61

118

77% 77%

Boston & S. Y. Air-Line, pref.
Cedar Falls & Minnesota..
Central Iowa

E'izatxttt Lex. ite Big Sandy,
niinois Cent., leased line stock
Manhai tan Beach Co

23% 25%
96% 96%

54% 55%
—

.57

132

& Santa Fe

Columbia & Greenville, pref..
Columbus Hocking Val. ATol,
Duhucjue <Si Sioux CI ly

70

17

13% 14%
33

-12
1414

17

34

34

47

*24%

62
16

61
*16

13% 13%
18
*46

14%
49
....

70

23
96

96

2414

97
31
96

98
31

54%

5534

96%

16%

13% 13%
19% 19%

18
48

48

48

•5%

pref..

& 8 iratoga

Rich.4c Alleg., stock trust ctfs.
Bt.

Louis Alton

Do

& Terre Haute.

*28

'6%

7

29%

4%

•20% 21%
40
40%
90
90

28%
89% 89%
28

70

70
24% 25
96% 97
99
99%

6%

12
*57

60

11%
32%
25%
53%
1%
23%
15%
27 14

I5I4

•140
•100
60
116

145
104
60
117

140
100
60

714.

9

116%

514

Consolidation Coal
* These are the prices bid

20

70

28I4
1514

7%

47
24

16

16

5%

;

sale

6%

12%

287e

15%

7%

32

32%

25%

537r

53

2578
5479

1%
24%:

15%
2734!

1134

5

5

44
84

I914

19%

was made

139% June 8

2'
8'

134

2 1.3978 Aug. 13
Oct". 16
Oct. 17

2 125
31
16

July
Apr.

37

June

100%
69

Apr.

700 37% Jan.
813 14 July

12%
64%
23%

3

Jan.

14

Mar.

7

6%

37

119% Jan.

135%

7% June
1% July

12,,278

20
17

39% 39%
•89

70

24%
9779

24%
97%
98% 99%

2034

90

28%
89%
106

21%

65

54

9%
17%
G978
247e
9779

,

Jan. I51IIS4 Oct.

6 June
33 Jan.
81-% June

5!

98% 98%
3979

31

97% 99%
5534 56%
131 131%
76% 78%

1.52

145

'140

62
117

(iO

102% 100
118

145
103
60
118

9

9

*24%

26

45
25
63

45
26
63

33

45% 45%
.

35

26

14
15

19%

34% Oct. 26
26% Oct. 22
55% Oet. 21

July
Jan.

17% May

30
610 79

May

,360
,800

18

Jidy

77%
79%

Oct. 14
Oct. 14

1379 Oct. 24

36% Jan.

,955
,800

178

25
17

Aug. 14
17
10
28

Oct.
Oct.
27% Oct.
287s Oet.
2078 Oct.
26 Oet.
76% Sept.
33% Oct.

6%

19
Aug. 17

Oct. 21
41% Oct. 24
91% Oct. 22
2878 Oct. 24
90 Oct. 26
*'2

Apr.
Fell.

2 1108% Aug. 1
8 22% Oct. 19
Mar. 21, 55% July 18
Aj)r. 30 10% Oct. 19
May
18% Oct. 16

Jan.

41
2

6%

Oct. 12
2578 Oct. 24

71

8

Jan.
Jan.

80

Mar.

99% May 28

66% Jan.

9978 Oct. 19
34 Feb. 20

21

Jan.

59% Jan.
46%.Sept.

18

800 107% Jan.

99% Oct. 30
62% Mar. 9
133

78%

.53% Jan.

130 Jan.
135 87% Jan.
370 48 Jan.

145

113 104% Jan.

118

15% 16% •15% 16%
91% 91%
13% 14

200

200

7%

42

at the Board.

i

20%

7%

140

7%

200

13879 13878
7% 8
•28
29%

145

44%

t

46

46

Lower price

500 29
100 20
296
340
260
100
1,200

14%
18
55
7

84

10%

650 16
1,000

104%

62%

Oot. 17
Oct. 30
Sept. 3
Oct. 19
Oct. 15

Aug. 26

29

35
33
49
26
67
1 16
„.
6 92

Aug. 20
May 15
Jan. 9
Aug. 2!)
Jan. 6

Oct.
Oct.
Oct.
Oct.

Oct.

Oct.
Oct.

Jan.
Sept
Oct.

June

3
14
1

84%

Jan.

2

3% July

11

100 22% Sept 19
500 136% Jan. 29
1,1.50
1
May 22
300 15 May
100 75 Aug. 15
100 19 Feb. 9
160 10 Jan. 30
1

is

ex-dividen*

12

24
30
29
26
29

21%
20

Oct.

18%
20
483^

97%

264 175 Jan. 2 200%
355 119% Feb. 17 140
1,,525

8

30
12

Aug. 11
21
2
May 19
Oct. 19
Oct. 30
Oct. 27
Oct. 22
Oct. 23
Sept. 16
Oct.
2
Oct. 12
Oet. 28
Oct. 26
Oct. 21
Oct. 21
Oct. 13

129%

60 114% Jan.
21

30
24
22
19

9% Apr.

310 51

2,200

12
12

20
21
Oct. 19

66% July 22 78 Jan.
9
10% 21,288 8% Oct. 20 10% Oct.
8% 9%
54 88 Mar. 25 97 Aug.
17
100
15% 15% 14
9 July 23 17% Oct.
I414
14
13% 13% 2,964 7 F,b. 18 14% Oct.
35

7
21

7,

134.1une
479 Jan.
8
Sept.

89,,806
28, ,080

162,893

16

20
21
28
28
14
15
14
19
16
21
20
24
21
22
20
17
28
14

48 Oct. 17
11104% Oct. 19
1 % May
51 1078 Oct. 22
211.T Oct. 22
4 Mar.
9% May
23% Oct. 24
18 June
46 Oct. 17
12 Jan.
31 Oct. 24
6% Apr.
17 Aug. 20

6 ,175
9,,453
.5,,495
22,,303
19 618

14,972
1,130
6,015
1,645
8.328
51,707

ct.

Oct.
Oct.
Feb.
Oct.

27% Jan. 15 44 Mar.
46% May 7 77% Oct.
10% Jan. 26l 23% Oct.
24% May 29] 4834 Oct.
14% Jan. 22, 28% Oct.
89% Mar. 211103% Oct.

1, 760
42 ,169

,920
,285
,410
,625
,000

Oct.
Oct.
Oct.
Oct.
Oct.
Oct.
Oct.
Oct.
Set.

50% May 12 83%
Jan.
77% May
Jan. 16 49% Aug.
11% Jan. 6 40 Oct.

62
22

^

2034

Oct. 30

39% Oct. 21

4% June
2% Jan.
4% June

1,,300
1,,300
1,,282

Aug. 22

88% Oct. 29

28115 Aug. 28
2 110% Oct. 30

% June
9 ,950 10% May
7% June
2, 557
2534 2534
50 1479 Mar.
2714 2878 70, 552 1034 Apr.
18% I914 34, 070 7% Juno
21
22% 157 ,370 13 May
400 4479 J,.n.
900 18% May
30% 30%
2% Mar.
,535
5% 5%
1
1%
21% 23

97

140

44
84

2

119%
18%

19,,940
12,,245
12,,170

8,

Oct. 21
878 Oct. 30
16% Oct. 29
11% Oct. 30

82% Jan.

134,,889

Aug. 13

43%

150

200
714

18%

3,,735

62

13% 13%
*19
19% 19% 19
20
20
20
20
47% 48% 48% 48
48% 4834 48%
129% 129%
127% 129% 12914129%
•95% 97% 96% 97% •96% 97% '96% 97%

20

and asked no

65%
119%

4714

7

14

66
10,,220 23

33%
25%

2379

117

17% *12% 17
13% 13% 13% 18%
33% 33% 34% 34%
46
24

6% Mar.

i

12,,150

19

30% 30%
5% 5%:
20
20%
"39% 40%
89% 89%
28% 28%
88% 88%

10234
"53

96% 96%

*14

2,,905
4,,585

3779,

18
III4

lit% 20%
21% 22%

135

145
103
GO
119

76% 76%

8%

Jan.
84% Jan.
119% Jan.
105 Jan.

99 14

18
12

31% 31% "97"
"97%
96
96%
55% 56% 5579 57%

29% 29% *28% 29% *28
143% 143% 144 144% 145

pref

Homesiake Mining

714

37

52

'

5%

5%

.

Quicksilver .Mining Co

I5J4

17% 18

678

'130 133
131% 13178 131 131
7479 76%
76% 77
76% 77

<te

Do

II8I4

61

& Essex
New York I^ack, & Western...
Now York New Haven Hart. 2OOI42OOI4 2OOI42OOI4
Pittsburg Ft. Wayne * Chlo
136% 136% 136%136%
Morris

Rensselaer

67

44% 4434
27% 28%

33

41% 45

*24% 26
62
16

9

70

102

i

53%

1%:

1

23%

64% June

5,,895
278,,381
3,,745
45
45% 44% 44% 36,,172
38
39
39% 36
4,,115
10834 109%
108% 109
3,,574
35% 3678 2,,600
74% 74% 73 14 74 14 2,,190
20% 20% 1,,732
44% 44% 44% 44% 1,,310
27I4
27
27% 27% 47,,335
101% 101% 101% 103% 13,,370
14% 1479 14% 14% 1,,2(>0
46% 1,,800
45% 45%l 46
10134 102 %i 10179 102% 69,,741
9I4
934 11,,782
9% 10
19% 6,,108
18% 18%l 18
2II4
21% 22%;
22% 160,,948

.53%'

25%,
54%!

16

90

6%

25 14

28%

41 14

98
65

11% 12%

7

27

2II0

65

36%

118% 119%
17% I8I4

25%

13

12 14
33

74% 74%
32% 32%
5% 5%
20% 20%

15
35

36%
37%
98% 99

1779

17

75

I5I4

35 14
37

17% 18%
12% 13%'
33% 34%

67e

115%

I

1434

18
13
3379

6%

Ajiv.

Jan.
Jan.

1885.

50% Oct. 28
47% Oct. 21

4% Apr.

'?

I514

17%

7

1,

Highest.

Apr.

537 128

132% 4,,791
87% 88% 87% 88% 295,,348
,621
II314 113%: 11314113%
109% 110
IO914 110% so!,703
134% 134%; •134 135
1,,175
123% 123% 1,,006
122 124

15% 15%

I5I4;

3

,528
6,,554
7,,128

1885.

since Jan.

Lowest.

132

13134 132

*5% 6
6
6%
6
6
*35
38
35% 36
36% 37
134% 134% 134% 134% 13434 134%
19%
18% I914 19% 1978 19% 1934 19
III4 12%
12141
11% 12
1114 11%; 12
8II4
80
81
80
81%
81%
82
14!
79%
14
7':
77 14 77
74% 74%: 74% 77I4 77

I6I4

"514

16%
11%

6

18'8

25%l

16
11

878

35% 35%

1479

34%

16
11

8%

1,

929 3534 Apr.
935 23 May
540 31 Mar.
049 26% Jan. 31

41% 42 14

8%
16%
11%

133% 134

IS's

7%

8%

60

61

I6I4

75% 76%

Adams

Do

49

44%

1%
24%

70

t.55%

Lake Shore

150

4314

46
42

52% 54%
1% 1%
23^8 24%

0

131

Mil.

49

44

.

Pullman Palace Car Co
Western Union Telegraph
Express Stocks.

&

50%1
44%:

4579 47 %i

49'«

28%
89% 89% 90
89%
105% 106
105 106% 10479 105% IO5I4 106
105% 106
105%
21 14 22
2178
21
20% 21%: 21% 21% 21
21% 20%
53I4 54%' 5278 54
5234 .53%
53% .W% 53% 54
53%
9I4
979
W 10 10% •16%
9% 10%
9% 1014 10
9%
I714 1/7%
16% 17
I714 18
16% 17
17% 17%

Pacific Mail

Atlantic

(Sh'res)

I

Wabash St. Louis &
Do

Atebisou Top,'ka

7

27% 2778
18% 207e:
20% 23

.

Peoria Decatur Evansviile
Philadelphia tfe Reading

Paul

1714

7%

OhioCentral
Ohio <St Mississippi
Ohio iSoutlierii

St.

14%

1878

32%

Danville.

15%

6%
2.519

Do

Richmond A

1,538

17%

pref

Oct. 30.

*14
15
*44
46
44
101% 103 14 101% 102% 102% 103
10
10%
938 I014
10
9
9% IOI4
1914
20
19
19
19% 18
18% 19
21 T9 23%
2178
22% 22%
21% 22% 21
44 14 46
43% 45% 43% 44 14
27 14 29 14 27% 28%
2831 30%
28% 31

..

Western

Do

Oct. 29.

44

pref.

Northern Paciflc

35

914

8

1081a 10938 109 14 IO9I4 108
36 14 36I4 *35
36%
73 14
7712 •75% 77
73
77
21 14
21
21% 2034 21
21
46I4
*45% 461*
45
45
46
27
27% 26% 2778 26% 27I4
101 14 loin's
99% 101-% 99% 102
15I4
I5J4
l.T
15
13% 13%

Missouri Paciflc
Mobile A Ohio
46
Nash V.Chattanooga &St. Louis 46
New York Central & Hudson. 102 la 1031a

New York Chic. & St. Louis.
pref.
Do
New Y'ork Lake Erie & West'n.
pref
Do
New York & New England
New York Ontario & Western.
New York 8u8(t. & Western.

6%

49'8
4334

44% 45''8
41% 42%
8
1334

Week

Oct. 28.

Range

Sales
of the

Friday,

Wednesday, Thursday,

JAN.

XLI.

8%

.30%

145

5%
51
91

:13

OCTOBKB

THE CHRONICLE

1865.

31,

OUroilUH

<|OOTVriONH Of 8TATB AN1> KAILKOVII BUNUH.
^BTATK BONDH.
HKUUKITrKB.
AUI-

N

(iKPnllnu^

f

Bid.

JO, litM.

OUBITII

Aak.'

T«nn««a»i

'i

Mnr

Oa,

1\

108

T'-:

n<i«»l»ii«<laaria*, 19l4 ..

A

>iii,.'lV3

83

.

MS

_ np'i
9
9\i
0-mp-iaiw.a.4-a-aa.l

Vtreiiii*.

lo"

BSl
7^

m

Ml

9»

ill

•

aBOUBiTim.

Alk.

Bid.

7^. •iniifi.,1914

ItOtlUlitiia

03 <4
104

'11

01

8B0DRITIB8.

BM.

A.isoa.

'•

491

««. ojii....

I'JIU.

11)

7k,

IB
1«
18

.-.U

n.

7lt, I-.

n. vV ->.'

I',

Kit

».

A

MIm.

O.
n. K.
7b, ArkftiiHaa Cent.
Ocorpslft-dn, 1888
Ta,

KK.
UR.

II

N«M

7ii. k.

114

iseo

.:.',,

•«nea

y«

19
<iMa

Dtiii'

109
S3
a«.n»w, 1803-8.1900...I »a
^..,=

-.

=,.

..

j:il

..

Fnnillnir ant,

i

»u..,.

83 V

Tuauwimio—tia. old, 18U'i-tt

NJ^arollna— e».Ql<1,J.*J.

7ll. l-^-*'!

Ox.
en.

1887

iiiiK Un, fOg.,
8i, loan, I8U1
6a, loan, 1893
ea, loan, 189»

il»

V«".'."

s.;.

1. .1...,

RanlatarMl

rnadlncSa, 1899..

RAILROAD BONDS.
SKl'l'lUTIES.

sEcrniTiEs.

Aak.

^Id.

Railroad Bonds.

srrrnTTTrs.

Aak.

Bid.

outln'd—
'X— l«t,7a

14"

.

- I'K-iv.i'.iio
UK. I. i;», lull.

-

Construction,

.

M
l.t

',

<

I',

I~i

l8l, I'au

.-.s,

Hop.,

.'.»,

lea's 103
83>,

8.1

101

6s. gl)lll. siTll'.s .\.. I!»II8.
69, K"W. scries 11.. litOSI
68, ruiriurj-, 11118

A

Chicago
l8l

123
123
121

& Chic— Ist *
1«>H

Still). 7.8.

I

Ci.-lst.78,10OO

lat. cons., 58,

Kx

1030

couitonB 9 to 13
Divisional 59, 1930

72',

20
90

...

2(1. extcmlod. .'is. 1910..
Sd. extended. 4 "as, 1023.
4th. extendi-d. 59, 1920.
6th, 79, 1,'<,SH
lat, cons. gold. 79, 1020i
l8t.ciiii9.. W. coup..7B..(

1....
....
....

il20
..1121

....

Misa. Ulirgi— l8t,8.f.6»
Chic. Hurl. * yuiucy—
Cousol. 7.1, 111II3
59, sinking; fund. 1001..
58. ilehcnliires, 1913
la. Iiiv.-s. til.. 3a. 1019
S>luklui;Iuml, 4s. 1910

Long Dock

irnil9. 78. '93

B.N.V.ifeE...lst,79.191(i

187 <

1..E .S.W.-Xw2rtll9
Ciillat'I tru9t. 68, 1922,
ibeaj 107"
Buff.it S.\V.—M. H8,liK)8
107
Ev.
r. II.— lat. cons., «s
07 .... .]! Mt.Vcm'n- Ist, Us.1923

>

(ir'nBayW.ASt P.— l8t,68

C—

1

.

2d. 7 3-108.

2d, consol., main line, 88
2d. Waco
>-o..8s.l915

I'.—

1'. 1),.

&

imh'
126

1S98.I

2d. 08,1907
tJold, 5a, 1951
W. C.— 2d DiT.,7s
Ced. F.
Minn.— Ist, 78
Ind.Bl.*W.— 1st, pref., 78
lat, 509, 1909

Dub.

l8t,S.Minu.I)iv.,6s.li>10
Ji 1).. 7a.

1910

Chic. *Pac.I)iv.,(>9, 1910

2d.

l'.W...").9.11P21

Mini
C.A

Wi9..t .Min.I)lv..59,19,il
."19. 1914

Terminal

* .So. .=i9.Assu.,'24

Chlc/J: .Norlliwest.—
Cotasol. bonds. 7s. 1915.

1

Coupon, gold, 7s, 1902.
Kegisfd, gold, 78. 1002.
Sinking fund. (is. 111211.
107

1061a 106

Chic.
* Dm.—
Con9.d. lis. 1930
C..St.P.AM.-l9t')s.lllls

O6I1

2d. 3s. 1980
Nashv.
Ist, 78.
8.
X.Ala,—S.f.6a.l9lO
I.ouisv. C.
I
(is.l931
Trust bonds, Bs. 1922.
10.40, Bs, 19'i4

(

llBia

1

;23i.j

24

A

U

No. Wis -Ist. )i9. 11)3(1, 110 '1
8t.P.*S.C— Isl.lis.lylO 121ia'122iai
Chlc.A.K. 1 11— 1 st.s.f.cur,
Consol.. l9t. Os, 1934. ..

ills
104

102
88la
110

Chic.st. I,.* P.— Ist.con.Ss
Clili .VW.Ind.-lat.s.t.rts
ell
nion.. «s. 11)32
Chic. .V St.i..-l9t.(j9,1915

M.

r„l,
Del,

<

.,1

,v

,v

j

,

*

831a

68
86
96

86'

,5s, g.

•101

Tex.t 'en.— 1 st.s.f..78, 1909
lat, 78, 1911

69
69

Ist, Ter. trust, 6s. 1010.
96
Tol.AO.C.-lst.g..58,1935
1113
IO9I4 1094! Tol. P. A W.-lal 7s, 1917
109
Trust Co. reeelpts
Tex. A X. O.— lat, 79,1905
60

1034

A Ev.— Ist.Bs

90

110
101

Equip'tbds.. 79, '83.
Consol. conv.. 7b. 1907
at. West'n-lsl. 7a,'88

80
108^ 109

2d. 7s, 1893

I

i

So. Pacof Cal.-l9t. (i9., IOI-Ib 102
So. Pacof ArliE.-l9t. Bs
99
So. Pacof X.Mex.-lat.(>s
98 is'
Union I'acitlc-lBt, Os.i IISU'IISV
I

i

Land grants. 78,

'87.89

Sinkingfund, 88,
Reg., 8s, 1893

lOli^

115 Is
121
108

104

lai

120

Collateral Trust, Ba

Do
5s, 1907
93
Kans. Pac— l8t.0s,'95i 112
lat.Bs.lSOB
1112
Denv.Dlv.68.aas..'99!

94

120 14 121

A

E.'r.V.AOa..Inc..0s,1931

Saad'ky Div.— Inc.,192g
"

Laf.BI.AMun...Inc,78,

L.— lat, Oa
rt.So-Oen.,7s,l909

Mil. L. sh.

Miib.A o.-lst.prf..deben.
2d, pref., debentures
;W, pref.. debentures.

Pacof Mo.— Ist,

68..

4th. pref..debentnre«.

7a.

•Jd,

1906

7a,

1891

N.Y.LakcE.AW.-Inc.Os

,

Ohio Cent.— Income, 1920
Mlii'i Div.-lnc.7a.l921

I

,

A

9634

Income

A

'

Rio

o., 09,

ld.gr.

1034 1(M4 OhioKo

Pen!

I

—re|f.

Free

1st, reg., 7a.
I

I

lst,c,78/122
1900

Ogd.

Cln

on

Ist, g.,

C—

105
•66

So"
99
lis

131

125"

234 23 Vl
20 't 31

204 304
284 29
"io

•80

34
sa

344 38
31

30
60

.

Conpon* oS,

87^

36
113
117

US'*
86. 87 <(
83\ 8»
7S

104

A L. Cb.— lat,con.O<
Warren BR.-2d, 7a. 1900 130

I

40
34
33

334

Mem.AC.— lst,con..T.I.,7a 1194

20. 78.191

made thU week.

80

l.iai.

A Sp.— Ist.C.C*

4s.lat,op 101
1921. !•....

cp.

leg.,

1

inc. (iB.1021

Rome W. A Og.— Inc. 78.
80 Car. Ry.— Inc., Bs, 1931
8t.L.A.*T.H.-Div. bds

l!H.

I

—2)1.

L,78
L..s.AM.S.,78-.
Col.C.A Ir.Co.— lst,con.6s
iBt, Oa
Ft W. A Denv.
Oal. H. A H.of '83.— 1 ai,&«
Jelferaon— lat, 7a, 1889

Aug.

984

PeoriaD.A Ev.-Iuc.,I920 40
Evausv.Dlv.- Inc., 1920 30
Boch.APltUb.-]nc.,1921 •60

ex Aug. op.
Do
Oen mort. * ter. Bs ..
1',

w -Incomes

1909

Pac— Ist, cons., 6«.

St L.A.s.F.-'2d.tia.Cl. A,
(Is, Class C. 190B
lis. Class B, 190B
lat. Bs. Pierce C.
O.
Equipment. 7s. 1896..
Oen. mort.. Bs, 1931 ..
So. Pacof .Mo— lat,6s
Tex. A Pac— l8t,6a,100a
Consol.. 68, 1905^

62
115

.t

is,

M.

3(»

1114 1134 Ind'sDecA Spr'd— 2d,lnc.

Oreg. Short

Exien.. lat,

99

Income Bonds.

(Inttreat xniynble (/ earned.)
Inc., 1910,..
Atl. A
Central of N. J.— 1908 ...
B. 111.- Income ..
Chic.

!ll2ia Or.BayW.ASt.P.— "2d.inc.
112i^ Iiul.BI.AW.- Con., incOa

AtJ.Co.AW.- lst,6s
Mo.

66

704 74

X.W.Tciegraph.- 7s,1904 102',
854
Mut. Un.Tel. -S.fd.Bs, 191

lat, consol.. (is. 1919.1 IOIISIOII41 " Trust Co. rtneipta
C.Br.r.P.-F.c,7s.'95 103
Leh. * Wilkcsb. Coal— '88
At.C. A P.-lat, 69,1905
Lake £ * nV.- Inc., 78,'99

12014 121

these are latest (inotaUona

No. Missouri- 1st, 7b.
West.Un.Tel.- 7s, 1900 ..
7s. 1900, reg

Pac—

12013'

'93..

79>4

100
98

101i2'l02ia
lOSij lOSia

111
No.K'way (Cal.)-lst.B9 -110

70

78 109

TOLA W.— lat, ext.,

'

fis

60

lat, St. L. Div., 7s, '89
2d, ext., 79, 1893

Ill.ASo.Ia.— lat,,ex.,6s
8t.L.K.C.4N.— B.e. 7s
Omaha Div.-lst. 78
Clar'da Br.—6a, 1919
St.Chaa.B|re.— lst,6«

Pac- Bonds,

47

•60

Pac.RR.-Cen.Pac.-0.Bs II3I4 II334
San Joaquin Br.— (is..i I07'4
Cal. A Oregon— Ist, Bfl 102
West.

97

Cairo DlT.— 58, 1931 ...
Wabash-Mort.. 78,1900

lOOia'
I

96

46
79

594 60

74

I

98

93
93

Hav. Div.-«8, 1019.
Iowa Div.— Os, 1921
Ind'lHilis Div.—Os, 1921.
Detroit Div.— Bs. 1921

U'n— Ist. Bs 105

Pek.

92
92
110

t;hic.

O.A Toi.-lst. 7a. 1890
Han. A Xaples— lBt,7a

96'

•781a

DIT.— 58, 1910

"8ii;

111

96I4

A

70

1'24

09 14

95

Sabine Dlv...lst.0s,1912
Va. Mid.— M. inc., 6s,I927
Wab.St.L.itPac- <len.,l)S

96
124

94ia

Cal. ftOr.-Ser. B., B9.
Land grant Ijonds. 09

A

;

I

I

I

Friday

'

9414

Evana.Div.— lst.()8.19'_>0

115

9634

j

|:Tol.Del.ABurl.— Maln,6«
lat, Dayt. Div.— fls.TolO

70
55

0^.*T^anscn--88,•^'2,1922

PioriaDec
116

120

.

I

Panama-S.f..sub.eB.1910 101

87'
Pena. AAt.-l8t.B9, gold
86
L. Erie AW.— 1st, Ba. folS
00
831a 86
saniinskv Div— Bs,l9ig
83
10634 I.af Hi. .V \I.-lst.68.19ie
86
i.oiil9v,X,Alb,AC.— Ist.a*
99 100
(ieneral mort,, Ba. 1914.
I.0U. X.
A Tox.— l9t. 6a •901s 00
80', Maniiat IVchCo.— 7a.l909 •78
70
X.V.*M.fl'h-l»t.7a.'97
1 3B 1.J Metpn, Elov.— lat,78,1908
115"»'il.'.\
13534
2d. Bfl. 1809
lOS'illOO

Ko pricea

.

I

Bs,

i

461a! 4534

75
51

R'y— lat,

i

96

I

.

I

I

941.

Peoria

il6'

Dni.-lst, 6s,1931

So. Car.

1

128
118
112Hi

A

1184

113^ ii3>i

108
1920 1004 109
113
'Jd. Bs. IIWI
94
87ia( 88iai Shenand'hV.-lat.7a.l909 •66
•25
Oeneral. Bs. 1921
69
iSt.P.

Oregon Imp. Co.— Ist, 69.
91
Oreg'nIlR.ANaT.— l9t,B8. II434III5
DelleutlUe, 7s. 1887

V

Tol.-lBt. Bs'

w, -7a.conv.,'92
Mortgage. 7a. 1907
,<
«JTmug..frS.Y.-lBt,7a
I,.

'

A Dec—

64
" li

,54

122151

Ohio So.— 1st, (is. 1921 ...
Orcg'nACal.- l8t.Bs,1921

1

1.-, llljil

11. \

61

1

I

1

CoL.t lireen-lnt.lis.lOKi

i

K

I2OI4

11)34

'siiil'Ki'iil
t

I

12634
1931
1061a
Louisv.A Xash.— Cons. ,7a
122 laj
Ceeilian Br'ch— 79,1907 i'o'i
991^ "90 ii
N.O.AMob..-lst,6s,1930
2d. 8a. 1930
86
871a
H. A N.— Ist, 09,1919 llOia 116
Oeneral. «.s. 1930
101 103
Pensacoia Div—68,19!KI 90
92
St. I.. Div.-lst. 68, 1921 '1061a

C.C.C.* Inds— lst,78,s.fd. 124
(is.

771a N.O. Pac— l8t.8s.g.,1920t
Xort. AW.— Ocn.. Bs. 1931
115
Xow River— lst.BB,1932
791-j! 7934
Ohlo.c Mi.ss...Con9.B.fd,78.
110
I'imsolidated "s. 1898
101 "al 105
'Jil. consolidated. 78.1911
99
i)9',
St Springlieid Div., 78.
94 3< 05
l»t. general, 59. 1932..
95
Ohio Cent.— l,9t, T. Tr., Os
791a
Ist, Mini Div.,Bs, 1921
76ia'

Dakota Ext.— Os, 1910.
Ist consol.. Os, cp., 1933
1st consol. ,0s, reg., 1933
Min's Cn.-lst,(.8. I0'22

:

1126
I

receipts

N. i'ai'.- (). 1. gr..l9t,cp.,6s
Regi9tercd. Bs. 1921

Ist, consol.. 5s.

114

Con9ol. 79. 1914
Consul. 9ink.td.,79,1914

A W. Pigeon— lat.

Consol., coup,. 2d. 78.
ConsoL, reg.. 2d, 79...
Look Isl. RR.— 1st. 7s. '98

2d. 79.111117

I'onsol..
St. P. Mln.

1909

5.(18,

Kal.

I>esM.,SMln'ap.-lst,7B '124
Iowa Midland— 1st, 88.. 131
PeninBiiia- Ist. conv.,78 '130
Chic.*.Milwkee— Ist.7a 127ia
Win. A St. P.-l8t.78,'87 106
Maii.-lst,69,1005
Ott.C. K.A.St. P.-l8t.5»

-

I

123

t

N. V. Susq A W.— Ist, Oat
Debenture. Hs. 1897t. ..
Midland of .V.J. -lat, 6s
X.Y.X.II.*II.-lst,rg.,48

09

Det.M.*T.-lst.7B.1906
F.ake Shore — Div. bonds lid'
ISO
Consol., coup.. 1st. 78, 120
Consol., reg-, 1st. 78., 12634 1281a

Bink,funil..'i9, lH21l,reg.i
Sinkgfd. deb,. 59. 11)33 105 4
2n years deb.. 09. llioii.,! 104i.j
Escanalia,!! I..S.— Ist.Os 113

MU.4

'i'rust Co.

&

.

Sink. fund. lis. 11)21), reg.
Mnkiugfiinii, 59. 19211..

General

A

Eastern Div.—Os, 1921
Indianap.D.tVSpr.— l9t,78
1st. 79. ex fuud. coups,.
Int.* (il .No.— Ist.Os.gold
Coupon, (is. 1909
KentkyCent.— M.68,1911
Httoinned 4 p. c, 1911...
lyake .Snore A Mich. So.—
Oleve & Tol.— X lMl8.,78
Cieve. P. ,t A ah.— 78...
Buff.*Eric-.Now bd8,79l

I't. Div., -IS. 11110.
L.t^np.Djv.. r>9.11l21

FanKi.

1st, «s. lOO.'i

Middle Div.— Reg.. 09...
C.St.L.AN.O.— Ten.l.,7B •iss'
Ist. consol.. 7s, 1897..

V.

N.V.C.ASt.L.-lst, 08.1921
2ii. Ob, 1933
N.Y.VV.Sh.ABnir.-Cp.,58
Registered. 5s. 1931..

8414

2d, 09,1913

Ist, S. \V. Uiv..lj9. IHOO.
lat, 5a. UH.Jt Dav. 1919

H.

120
131

Ill.Cen.-.snd.Div.—Co. 6b 119

Con.9ol.79. 1005
Ist, 7s. I. * 1). Kxt..l008

'137

Ist, 79, reg., 1900
Elev.— l9t, 79. 1900.

N

N.Y.C.ftX.— Oen..8.s,1910
Trust Co. receipts

!Hou8.E.iSW.Tex.— l8t,78

&
*

lat.ChicV

I

I

N.y.A N. Kngl'd-l8t,78t

General, Os, 1921

I3OI4
Ist. 7s. Itg. R. I)., 19112.
Ist. La C. Ulv., 79, 1 H»S. 118 1120
'123
Ist, l.,t M., 7s, 18117. ..!•
lat, 1.
D.. 7s. 1899 ... '123^1
M.. 7s, 1903...
Ist, C.

Ist,

80 4 81

112
100
08

-105
12519
•103 108

1918

N.Y.P.A O.— Pr.l'n.Bs.'Oo

,

I

1898

.ill,

1st,

I

110
100 "a 111
126
118

1

1

1)..

100
1041a IO5I3

!

Oulf Col* s.Ke.-7a,1009
lOBiS. 10.i»i
Oold. (is, 1923
Ilan.it St ,1.— Con. 08,1911
100 107
Ileud, Bridge Co.— 1st, Bs.
Artjustini'iit. 79. IDO.t .. *110
>iSU :i.* ex
Conv. ileliint.. lis. IIUW.
U5
Ist M.L ,78t
1st. Western Div.. 79t
I.eh.*\V.H.— Con.g'il.as. 1021a 103
Am.D'k.lliup.— 58.1921
S*\ 80 Hi 1st, Waco A Xo.. 7st
.V St.

Con,.

Roeh.APIll

'

115
i;ri't*P.Marq.-M.tia,1020,*lll
:o6
Oal.Har. * s.Aiit.— l«t,68|
2il,79, 190S
132
West. Div.— 1st, OS
92',
.i|
2d,«s, 1931

lat.ciin.8.a.<.sent. 79. IHIIII
79.1111)2

1>.

MeK, .» Y
itiiuieW.A ••
IMIts,

1

94 H(

.

il32

Conv.assi-ntdl.

Ist, 8s.

•07(4

June— 1st

I'llts,

110
Cairo A Fnlton— 1st. 7s,
Cairo Ark. A T.— lat. 7s inio'
Oen. r'y 4 l.gr.— 5s,1931
84^
N. V. Ccntral-fla, 1887 .. 10634110719' 8t.L,Aiton A r.H.-lst,7B 116 118
111
Deb. certs., extd. 5s
-10634 107 19'
2d, pref., 79, 1894...
10« iin"
N.Y.C.&U— 1st, cp.,78 133341
2d. income. 7s. 1894
l9t,reg., 1903
136
Believ.A so. III.— lat, 8a 114
Deb., 59, 1904
iV8>i
1053411061s St.P.Minn.A Man.-l8t,7a 113
llarleni— 1st, 7s. eonp.. •138
116
116
2d. 6a, 1909
l9t, 7s,

04 "a 97
1.11

131
Ext. A (ill.. 5s. 1934....' 100
Keok..t lies M.— Ist..'i8 *IO0
Cent, of .N. J.— l.st. 79. •90 nil, 1113

Chic. Mil.

3d. guar.. 7a, 1>»9«
Pitts.cli-ve.ATo;

A

•Jd.Bs, 11)01

K.V

*

Denver Div.—4.s, 1022..
Plain 4s, 1021
C.K.1..« P.-(i8, cp., 1017.

8il,7s.l898

1171a

Niiah.Ctiat.ASt.L.— l9t,79

Reoig.. l9t lieu. On. 1908

Zil.guar. ilSKi. 7s. '98

6«,reK.. 1917

l»t,7a,1910

118
64
57
96

Eilz.c* N.— .s.f.aeb.,c.,i
lat. (i9, 1920
94
sanily—68
Erie— l9t, extcinli'il. "s... 128

117'«l....

Ist. ftuar. (S«l),78,"94
2il.

lat,

180

Eliz.I.ex.it lllK

7«. 18113

St. L. Jacli.

*

E.T.Vu.

102U

•81

hiililcini; fund. tin. 1003 .
La. >t Mo. Ulv.-l8t, 78.
2il. 78. I'JOO

I,

]112

no

(»t,L.V.AT.H.— Iat,K.,7» 130

'

.\iton—

iiicirt..

1..

lS."«'al

,

ua

1'

"a

1911

li-H,

67 "a

71»8!
28341

Clie.i.o.,v.^.\V.— M.. 5.6«..

Clev. A r,— Cons a f(L,7a
4th, a, r Bb, 1892

141
1391*
131
LIO

i

I'.IIS

Central lowa-lgt, 7B,'09f 101
East. lllv.-l.H.eH, 1012, 64 >g
111. Div., Ut. li-H, 1(112 ..
64 >a
CheHaiM-akp,* Ohio—
Pnr. niDinn-fund.. l^D.S. 11114

Morl^asi-.

Dlv..ri>g.. 11117

08

..

118
1924 107
1,1927 128
7a, 1909 120
109
is,192l

'

—

s.i

2<l.

IHIO

^.

1

'.

:

42 <a

iN, 1924.
Ist.int. iraar.,5«
11113......

.

7s.' iiil-^

Consol,,
ioi'
rue. j:xt. -Ist, (Is, 1921 103
1 «t,oon8.,g«ar.«s.lO(K|i 1 Iflij
Rieh.AAlle.g. 1st. 7.i.ll)',!0
70
88ial 00
Mo.K'.A'T.- Oenl..«8,1920
69
Rens. * .Sar.— l8l,ci).,7» '140 |144
'i'rust Co, recelpla
70
ileneral,58, 1920
75
7«
l8t. n^e.. 7s, 1021
Rich.ADanv, -Cons,.g.,0a 108' 109
I'ons., 7«, 11104. ,'>.((
112-^'112ia
Deuv.Ji Kill Or.-Ist,. 7s.. inia
Deiientiire (!s, 1927
87
Cons,, 2il, Ini-onic, 1011
75
iBt, I'onsol., 78. IIUO
Atl.ACIi. -ist, pr.,7s,'97 lie
841a
85
II,ACent.Mo...l9l,7s,'90 108 lai
'I'rust Co. riHicipta
Incomes, IIHIO
86'8 iMo'ille * Ohio-New «s
111
46
Den so.Pk.* I'ai-.- lst,7«
Scioto Val.— 1st, cons,, 7a
74',
llateral trust, (is, 1H1>2
116
St. L.
Den..tHloO.\Vo«t— lst,Ual 74
Iron Mt.— 1st, 7b
55
Ist, Kxtenslou, (is, 1927
1134
DctMuik.AMarq.-l»t,88. .SO
2d, 7s. 1897
•5
.Morgan's l.ii.AT.— IbI, (Is 106>^I106
lianil gnint, 31-^8. S. A..
Arkansas Br'ch— lat, 7b 1124

OS

!>.— Cone.68

,1;

1

.

"Is.'Ol

;

Ku»<i.-l8l. 78...l'110
l8i,cons..Kuar78,190«;

i,.l

11.

Can.

.V.

ISI-Jl...

...

\

08

Alb.*

i'.,lt

131

,

^t.I,.— Ist.Ts.^n

5dl

lOS 106 >a
104 >al
»(»7
108

rj

117
KtKlsli'red, 7«. 1894 .. •ll7Hi
l8l. Pa. mv..ci),.78.1017i 1331a

A Wost.

i;.i

Hull
(M

07 Vi
130
114
l8t,«8 -IIW

oI.tr., .'>9.1'.I34

looy

-

r-v.

l8t...xt,. 7». isiil ...
c.iiiiion, 78, IHOl ....

lOl'j
loss, lou

No.— l(*l,5}*

..fe

r>i*.

Del.* Ilud. Canal-

121
100

1019.

111.,

129 >4l
.

,

N. y.l.a<k.,tW.-N

70 "a

78",

1010.

';<,

117
l-j:ii.j

.

I

Ai;

I

BM.

inned
'.-Ut,7a

4eis

ll»H,i.
Jton<l«. In, llKKl.
7»of 1H71. 11101.
l8t. C4>n8ol., guar..

!t'inaf Vrtcr*.)

BrrrnrriKa.

Rid.

.,,.

THE CHRONICLE.

492
New York
Bank Stock

Qnotatious in Boston, Pliiladelphia auU Baltimore.

Local Securities.

l.Ut.

Insurance Stock Llet.

SECVjRITIES.

[Prices by E. S. Bailey, S"! Pine St.]

BOSTON.
Atch. A Topeka— 1st, 7b.
Land grant, 7s
Boston A Maine— 78
Boston A Albany— 7s

COMPANIES.
Mkrked thos

(')

COMPANIES.

are

Bid.

Ask.

not NatlonaL

100
America*
Amer. Bzohmse... 100
25
Broadway
2S
•ntchera' <£ Drov's"
100
Mntral
100
Ohaee
25
Obatham
100
Olifiniloal
25
Oitizena'
100
City
100
Commerce
100
Oontidental
100
Com Exchange*
25
KastBWer
25
Kleventb Ward*
100
»tth
100
Ktth Arenne*
100
FlMt
100
Eonrth
30
Fulton
GO
OalUtlB
100
euuHeld
German American*. 75
Herman Ezcbange' 100
100
Sermanla*
25
Oteenwicb*
100
Hanover
100
Imp. <S Traders'
60
Imng
Leather Manuf'rs*.. 100
50
Manhattan*
100
Marine
100
Market
25
Mechanics*
25
Mechanics'^ Trads'
100
Mercantile
Mercnants'
SO
Merchants* Exch...
60
100
Metropolis*
100
Metropolitan
100
Mnrray Hill*
50
Naasau*
New York
100
N«v York Coontr 100
N. Y.Nat. Bxch.... 100
100
Ninth
North America*
70
Korth River*
30
26
Oriental*
Paciflo*
50
Park
100
People's*
26
Ph6(nlx„
20
Prodnce*
60
Republic
100
8t.!Nichoias*
100
Seventh Ward
100
Second
100
8hoe& Leather
100
State of New York* 100
Third
100
Tradesmen's
40
Union
50
Onllea States
100
Wall Street
50
West Side*
100

American
Amer. Exchange

147
95
127

60

100
25
25
17
...Brooklyn
20
Citizens'
70
City
100
Clinton
50
Commercial
100
Continental
40
Eagle
100
Empire City
30
Exchange
60
Farragut
17
Firemen's
10
Firemen's Trust
Franklin A Emp.. . 100
German-American . 100
50
Germanla
60
Globe
25
Greenwich
100
Guardian
15
Hamilton
50
Hanover
100
Home
40
Howard
Jefferson
30
Kings C'nty (Bkn.). 20

125

...

Bowery
Broadway

150
160

205
15U
103

123
140
101

140
258^

132
151
115

160
100
114
111
118
25
220
230
75
76
105
83
26
40
220
125
105
190
65
102
11:2

122
70
115
210
80
96
95
35
80
58
104
90
140
86
165
«6
135
105
ItO
100
145
102
130
115
95
50
50
lOO
l26
120

40
60
Build.. 100

Knickerbocker

Long

Isl'd (B'klyn)

Maunlac. &
Mech. <fe Traders'

25
50
50
60
50
60
37 "3
35
100
50
25
25
100
20
50
SO
25
60
100
100
25
25
10
60 2 'JO

..

Mechanics' (Bklyn)
Mercantile
Merchants'

155

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

128
97

National
N. Y. Equitable...
N. Y. Fire

30

Niagara
North River
Pacific

Park

.

100

U5

Peter Cooper

103

Phenlx

People's

Rutger's

Standard
Star
Sterling
Stuyve.sant
United States

160

Westchester

,

WUllamsburg

City.

160
103
135
170
170
123
120
125

30
230
246
80
100
110
87
36

60
230
130
110
210
72
109
130
130
75
123
220
90
100
105
45
85
65
110
100
145
to

165
70
140
108
170
108
150
110
135
120
100
55
67
106
133
125
232

100

IGO

Gas and City Railroad Stocks and Bonds.
CO»8 Quotations by Gbo. H. PBKUTisa 4 Co., Brokers, 49 Wall Street.]

eAS COMPANIES.

Date.

Par.

Bonds
Nassau (Bklyn.)

1,000

25
Var's
10

Scrip
Peojfle's (Bklyn.)

Bonds
Bonds

1,000
Var's

Williamsburg..

60

Bonds

1,000

Mitroiiolitan (Bklyi'.')!!

100

Municipal— Bonds

Folton Muiucipal

Bouud

1.000
--

100

.

"

Equitablp

100

"

Bonds

1.000
[(JuotationB

Quar.

1,5001,000 M.&N.
1,000 ,000, Var's

100
1,000

100
1,000
1,000

4(10.OOOM.AN.
lao,,000 A. j: O.
1,000,,000, Quar.
1,000 ,000 A.AO.
1,000 ,000
750:,000 m.&nI

Coasol. mort. bonds

1,000

Ohrist'ph'r&lOth St— Stk

100

Bonds
l,0O0
DryDk.E.B.* Bat'y— stk
100
500&0.
100
100

.

100

t2d A Grcd St.F'ry— stli
100
Istmort
1,000
Hon,?t.w.st.4P.F'y-8tk
100
Ist mort
500
Second Av.—Stock
100
let mort
1,000
1,000

!"!

100

uiori/

1,000

Third Av.— Slock

Bonds
Twentythird
St.— stock
.
.
TBt^ ll.ort...
I.' This

1902
Oct.10,'85

J's

1902
Oct. 1,'85

3.000 ,000

300 .000 J. &
2,000 ,000
1.000 .000 A. A

1.'85

li^Sep.lS.'SS

Xov.

3"!i

3
3
3
3

I,'85

Oct. 1.'83
(Oot.20,'85

1900
July 1, '85

1888
31a
Oct.10,'85
3
J. -6
190il

i'

6

4

900,.000 J.
J
700,,000 J. <fe J,
2,100,1,000 Q
J.
l.,500,1,000

100
1,000

100
I

1,000

Boston

A

Burt.

Lowell— 78

-

Providence — 78

A Mo.— Ld.

gr., 78.

A

1,200,,0001 J. .& D,
650,.000 Q.— P.
250,,000! A. &0,
1,200.•OOO! Q.-P.
900,,0001 J.
D,
1,200,.OWF.A A.

A

1,001),,000

1,000,,000
748,,000

«.

-.

P& A.
Q.-F.

236,,000 A.ifcO.
250,,000
-- U.— F.
500,.000 J.
J
.

l.SU-J, >00i J.

A
A

J

400,,000 M.ifeN,

i

—

i!

—

27

'85

A
A
&

M.&N.

column snows last rinideud on rtock; but date

ll-iB

Scrip

Debenture, 108
N. Y. & N. England— 7s.

mia
68
98
96
2d mort
1221a 123
N. Mexico A So. Pao.—
94 3< 95
Ogdensb.<& L.Ch.— Con.68
25
Income
Old Colony— 6s
123
Pueblo A Ark. Val.— 7s
Rutland— 6s,
Sonera— 7s

no4

1st
\

7615
8'6

Pacific.

<fc

178

76=
9
179

my.
Boston ,fe Alban;
118i«
ell..
Boston A Lowe]
'180
Boston <& Maine
181's 182
Boston A Providence
120
Bo.ston Revere B. A Lynn
Cambridge

r

Det.

.pref.

N

I6K1

Uo

95
110
il58

109
1137

113

28

1

Fort Scott* Gulf
Preferred

A Sioux City.
Kau. C. CUn. A Sprlngf'd
Kan. C. Spriugf. A Mem.
Little Rock & Ft. Smith.
Louisiana ,ik Mo. River..

65
41
§

21
451a
113 "a 114
23
24
65
90
89
10 ^8 601a

Marq. wpught'nifc Onton.
Pref ei red
Metropolitan
Mexican Central
Nasliuadb Lowell
27 '( 28
N. Y. A New England ..
Northern of N. Ilampsh 5125
Norwich & Worcester.. 5.60 161
161 34
Old Colony
14
Ogdensb. A L. C'hamplaln
Portland Saco A Portsm. 5121
iy»4 20
Rutland— Pref erred
14
141a
Sum mi t Branch
Worcester Nash'a«& Roch *1 18 119
141.
U~,\
Wisconsin Central
21
20
Prefen-ed

4"K., '85 260
May, 93|ll2
of maturity of tion.i,7

El.diWmsp't-l st,68, 1910
58, perpetual
Harrisb'g- lst,68, 1883..
H.&B.T.— Ist, 7s, g., 1890
Cons. 58, 1895

Ithaca&Ath.— Ist, gld.,78

—

Jack. & Southe'm Ist, 68
Gen., 68
Leh.V.— l8t,88,C.&R.,'98

No. Ponn.-2d, '7s, cp. '98.
Gen.,7«, 1903
Debenture 68, reg
Norfolk A West.— Gen.,6s 5IOII2
96
N. B. Div,, Ist, 68.1932
N. Y.Phil.* Nor.— iBt, 6s
100
Inc., 68, 1933
Oil

Chic— I St,

f368, coup..

Creek- Ist,

Cons., 6s, coup., 1905...
Cons., 58, reg., 1919....
Pa. <fe N. Y.
7s, 1896.

C—

7,1906

Cons. 5s, 2d ser.,c., 1933
Conv..\dJ. Scrip, '85-88
Debenture coup., 1893t
Scrip, 1882
Couv.,78, R. C.,1893..«

Pitts. Tili.s.

& B.—78.CP.I

Oen'188, 1921
Income, 6s, 1923

Sunbury

A

Erie— 1st,

7s.

Sunb. Haz. A W.— 1st, 68
2d, 68, 1938
Syr.Gen.A Corn.— 1st, 7s.
Toi. A Pac— 1st, 6s,1906
ConsoL.Us, 1905
Union A Titusv.- Ist, 78.
United N. J,— Cons.6H,'94
Cons. 68, gold, 1901.
Cons. 6s, gold, 1908.
Gen., Is, old, 1923.

Ist, 7s,

1899

Cons. 6s, 1909
W.Jer.sny,tAtl.— lst,68,C.
Western Poiin.— 68, coup.

Ches.

65
60

Lehigh Nav.— 6s.reg.,'S4.
Movt. RR., reg., 1897 ..

East Pennsylvania
Klmlra A williamsport.

41

Cons., 78, reg., 1911
Pennsylv.— 6s, cp., 1910..
Sohnj'lk. Nav.— lst,6a,rg.
2d, 68, reg., 1907

Broad Top

4 as
6 "4'

4
56 la

North Pennsylvania..
Pennsylvania

"5"7"

Philaileiphia <t Erie
Phila. Ger.
Norristown

A

Pliila.

Phila.
Phila.

Newtown

&

&

A

Pittsb.Ciu

United N.

A

J.

WestJersey
West Jersey

"l"()"'i,

Bait

St. L.— Com.
Companies..

A

116

109 "a'
10>4

Atlantic.

CANAL STOCKS.

Lebigh Navigation
Pennsylvania

547 ig

ist,

Gap— 1st,
''8,

7s.

9.1 la

Bait.— Ists.

11)414

108
109
II3I4
105
107
10234 lusia
66
67
361a 36^
i"o"6

b9
104

A

10^

11.

Pittsb.&couells.— 7sJ<!SJ
Union Hit.- l»[,gua..IAJ
117
103 la

H

120
97

2d8
No. Central— ; ia.«, J. & J.
68, 1900, A. & U
63,gold.l900, J.&J....
5s, Series
6a, Series

1908

1887

A

Wash.

Ist inc., 58, 1931
47a, Columbiatft lireenv.- Ists

Pitt,.b.— lat,6s

Ist, 6«, reg.,

3.1.6s,

—

3d.s

RAILROAD BONDS.

Belvid'e Del.— lst,6s,1902

Inc

;talliniore A Ohio 4s
Ceu. Otiio.— 6s, lst,M.&rt.
Charl.Col. cS Aug.— ist..

2d8

.Vllegh. Val.— 7 3.10b, '8 >
7s, K. ext., liilO
Inc. 7s, eml., coup., 'it

A

125

BALTllVIOKR.
RAfLR'D STOCKS.tPar

!02'a Cin.

Schuylkill Nav., pref...

Ashtab.

80
109 la

PO
83
Atlauta & Charlotte
100 177 185
Baltimore A Ohio
135
Ist pref
124
2d pref
Parkersburg Br
50
51a
49
50
Central Ohio— Com
64
Prof
50
Western Maryland

2d
48
39 "a

1901

Del.— l8t,6s,lS86

uei4 RAILROAD BONDS.
221a Atlanta A Chart.— Ist....

N.Y..

Iiea<liiig

Wilm.

62
533'

63
65
55 ig
522

A

108-3
1071a
loyia

913

83,

P referred
Little Schuylkill
Miuehill A sch. Haven...
Ne-siiuehoning Valley
Norfolk A West'n— Com.
Preferred
Northern Central

8s, P. B., 1898
Gen., 78, coup..

CANAL BONDS.

58
20
sola

pref ei"i ed
Lehigh Valley

2;hi

Shamokiu V. A Potts.- Tsi 120
1*0
Shen. Val.— 1st, 78, 1909

35"
14

A

T7'4

Conv. 78, cp.off, Jan.,*86
Phil.Wil.& Bait.—48.tr.ct
Pitts. Clu. JtSt.L.— 7s

A Phil
Preferred
Camden & Atlantic
Preferred
Catawis.sa
1st preferred
2d preferred
Delaware & iionnd Brook
Preferred

98

Peunsylv.- Gen., 68, reg.
Gen.,68, cp., 1910
Cons., 6s, reg., 1905...

Warren A F.— Ist, 78, '96
West Chester -Cons. 78
W. Jersey— 1st, 6s, cp.,'98

Gap

Huntingd'n

1311a

1888

leHi

63

Iowa Falls

Bi-li's

'88tl07a4llo

'851165
Inly, 'gOjllO
Aug., '86 1307
Jan., •901111
S^ept.,

7s,

Eastou&Amb'y— 68, 1920

42

Preferred

101
165

East Penn.— 1st,

—

Pltchburg

Butlalo N.Y.

119

Cor.Cowan«fe.lnt.,deb.68,
Delaware— 6s, rg.& cp., V.
Del. A Bound Br —1st, 78

107

Flint * Pere Marquette.
Preferred

Bell's

130

Phil.<fcKrle— l8t.78,cp.'88
Cons., 6s, 1920
Cons., 5s, 1920
Phila. Newt. A N.Y.— Is'
Phil. <fe R.— 1st, 6s, 1910..
2d, 7s, coup., 1893
Cons., 78, reg., 1911
Cons., 78, coup., 1911 ..
62
CouB., 68, g., 1.R.C.1911
1141a L16
Imp., 68, g., coup., 1897
14 14 141a
Gen., 8«, g., coup., 1908
79
Gen., 7b, coup., 1908....
i92
Income, 7s, coup., 1896
Cons. 5s, 1st ser.,c.,1922

38

Concord
Connecticut River
Conn. A Passump^
Clevel.iiui & Canto

11214

Atl.— lst,78,g.,'93

Perkiomen— 1 st, 6s,cp.'S7

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

Lausing&
Eastern, Mass

<fe

2d, 68, 1904
Cons., 6 p. c
Cam. & Burl. Co.— 6s, 97.
Catawlssa— 1st, 78, con. c.
Chat. M., 108,1888
New 78, reg. <fe coup
Conuect'g 6s, cp., 19()0.04

991a Oil City &

STOCKS
Atchison A Topeka
Atlantic

109

"78
2d, 78, reg., 1910
121'a 1221a
Cons. 6s, C.*R., 1923..
113
N. O. Pac— 1st, 63, 1920.

RAILROAD STOCKS, t

July. 1900 113
114
Oct. 1, '85 265
275
June. 1901 1081, '.U

May,

11

80
70

Allegheny Valley
Ashtabula A Pittsburg.

1914
!08'3 110
Aug., 1885 216 220
Jan., 1802a08
112
Oct., 1835 168
176
Jan., 1888 105
112
Aug.,lS86 162 167
Oct. 1, '85 160
170
NOV..1922 114
118
Oct. 1, '85 1401a 142
Dec, 1902 121 123
Aug., 1885 140
142",
Oct.. 189H 110
IIB
^aAug., 18851203 207'a
June, '93 114 llSSi
Feb., 1914 106
109
Oct. 1, '85l',!40
265
Keb., 19141110
Aug,1885!2o5 260
April. '93,112
117
Aug., 1885 145
152
18J4
111
July,1885^,!03
20J

1,050,,000i.M.&N,
1,500,,0001.M. AS,
600,,000 J.
J
2,000 ,000i Q.— F.
,000,.000 J.
J.
600,<,0001 P.
A.

250,.000

1,

118i

...

120
Nebraska, 6s.. Exempt
71a 108 tj
Nebraska, Os.Non-ex'pt
..
90
Nebraska, 48
Conn. A Pasaumpsic— 78.
Connotton Valley -88
1122
East'rn, Mass.— 63, new..
6"
Fort Scott & Gulf— 78....
K. City Lawr. A SOj-es.. 109 "a if
K. CitySt.Jo.<fcC. B.— 78
Little 'R. A Ft. S.—7s, 1st 1091a 109 '(
111
K. City Sp'd A Mem.— 68
46% 4(>ia
Mexican Central—Ys

Income

Ask

Bid.

A Amboy—6s, 0.,'89

Mort., 6s. 1889

Cam.

PHILADELPHIA

xl2o
85
104
97
140
114
132
103
125
100
84
105
98
161
112
93
105
166
105
134
110

1900

I

July

J.&D,

400,,000 J.&J.
500,,000 Q.-F.
600,,000 CJ.-J.
230,,000 M.&N.
1,800,,000 Q.-J.

10

Bklyn. Cross town— Stock
100
let mort. bonds.
1,000

Stock

2>a Oct. I, '85

700 ,000M.AN. 21) Nov.
1.000 ,000i Qnar.

Buahw'kAv. (Bklu)- si'k
100
Central Crosstown- Stk
100
Istmort
1,000
Oent.Pk.N.A E.Hiv.-lstk
100

Ist

2,'85

July 1,'86

3ialj'nei5,''85

Qnar.

F.AA.

1,000

Consol
Sixth Av

Nov.

Var's 6
Var's 3
A.i&O.

600,1,(100 J. Jt J.
2,000,,000 Q.— P.
800,,000 J.
I.
200,,000 A.AO,

l»t mort., consol
Scrip
Eighth Av.— Stock.
scrip

Bid.

*

by H. L. Grant, Broker, 145 Broadway.]

Broker srt.& Fult.F.— stk
1st mort
Br'jlway <t 7th A v.—St'k.'
Istmort
2d mort
Brooklyn City— Stock."!!!
Ist mort

<fc

Maine Central

100

Cam.

—

Boston

SKCXTRITIES.

Ask.

Bid.

Preferred

127

Brooklyn Gas-Light...
35
2,000 ,000
Oitiiens' Ga8-L.(Bklyn)
20 1,200 ,000
Bonds
1,000
260.,000
Conaoiiilated Gas
100 35,430,1,000
Jersey City A Hoboken.
20
756 ,000
Metropolitan— Bonds ... 1,000
7001,000
Miltual (N. Y.)
100
3,5001,000

XU.

[Vol.

I2OI4
liiO

109

1071a
124 la

116

Canton endoi-sed
Virginia

A Teun.— 6h

1893.

1906

w!Md."— «s,"

Consol., bs, 1913..
liuflr. N.V.di Phil.- l8t,H8
2d, 78, 1908

ist!

"g.","

j"."i".i

2d, I rcf., J. d; J
2d,( uar.byW.Co...l.A'J
68, 3d, guar., ;(. ,t .1
Wilm.C A Aig.— U^
Wll.
Weinon— 6s

Cons. 68, 1921
Ist. Tr. 88, 1922

i'o's'

123
1061a

108

A

ll-ia
107<(

7s.
*

i!ix-uiviueuil.

iPeiouuie.

J

la default

{ Ltt.i

prit:n tnii <»

»•

I

OCTOBEll

THE (3HR0NICLB

81, ll?83.1

KAKNINH>.

KAll.K(MI>

The

liiUwt ruilrnad uirniriKs and the totnln from Jan. 1 to
ilute are Kiven l)el<iw.
Tlie Htiitoment incliiflffi tht- (fro»»
i)Hriiin)ca of all railrouilM from which rotiirns ran Im> oliUined,

laUwt

The

under Iho

/."/'>;

Hnnk«.-Thc following tt«t«m«nt iihowii tb«
Bunk* of New York City for th«

^

AuA'*'^,
condition
of the
AtMt.K-mUvl

week ending October

"January 1 to latoat date,"
furnish tho jfross uariiin<8 from January 1 to, and including
the Deriiwl menlinned in tlie mvnnd cohimn.
coluiuiiH

f'nrniii

Week uf ittt

/^-

h'fitnrtefl.

Ins.

i

Jim.

I

I.al'sl Ihtir

/..

1884.

>

Tmim.
•

Atcll. T. A; S.
•SllllOlU

I'.. All(,'H»t ... l,2l;l,!MI!l
\ll^ll.'<t ...
22,()7lli
it r(>H>maC|S •|YtcmlM"r
112,071
Hosi. ir. T.
\V.KU\
Oct.
11.3791
Bntr.N.Y ,fc I'hll. .Scptiiiilii'i-; 238,398,

Unit,

wk

;icl

wk
wk
wk

Oct.

7,8,887!

1,391,3191
1

J,.528|

114.513
10,105

....

Ontral Iowa...

Eliz.Ix^x.iVH.s.

0,0.')2.9,-i

1

1

1

0,'I39,773

144,980
903,207
304,94 1

1!I7,59I

974.2fi9
372,4tlO

1,1117,201
7,928,8ti(i
2,14.5,827

An,'lint

wk

K.Tcuu.Va.A<ia. J wk«

23,700
109,081
32,587
41.042
20,203

Oct.
Oct.

Evansv. A

T. H. •_ wks Oct.
Flint
r. Marii. :iil wk Oct.
Fior. R'way
N. ;td wk Oct.
Florida SoiitU'u. July
Ft.Worth A D.n. lut wk Oct.
Gal.Har. A t<. An. .\ui?ust

&

&

10,121

9,893
270.235
330,584
138,029
240,408
207,000
43,500

'

Grand Trunk ... Wk. Oct.24l
GuUCol. &.S. I'c. -I wks Oct.

&

Hous.

Tex.

(^.

ni.Ccnt.dll.&.'Jo)

Do

(Iowa;

.\iii;u9t

Hd wk Oot.
:td

lIud.Blooin..v\V.;Jil

K.C.Ft.S. A Gulf. i-M
Kan. V. 8p. A M. Jd

wkOct.

wk

wk
wk

Oct.
Oct.
Oct.

55,139
24,088
79,045
39,711
20,342
50,808
42,907
47,439
288,725
209.597
27,018
105,195

Ii.Rk.&Ft.!<milll Aumist

LouB

Island. ...!;{J

wk

...

Oct.

La. & Mo. River.' July
Louisiana West.] An>;u!it
LouUv.it Nasliv. :!d wk Oct.
Manlintlan Kiev
\yksOct..
•_•

Mar.HouRb.A O:\LA wk
Mcui.

&

(

liarics.

Oct.

September

( ent'l. .'id wk Oct.
•Mex.N..all lines Septemiier

•Mexican

Milwaukee

A-

No

M

Mil.L.Sh.A Wast.
wk Oct.
Miun. ife St. I^ni» A uiinst
Mobile & Ohio
.Si-pteinber
.

24,0.50

138,575
lOO.Iilill

159,7<.IOi

.

Morgan's La. AT. \usru9t
Na.sh. Cii. ASt.L. .September

11.0

t"^tiitjtfi

Cheniloal

730.775

1,.521,303

1,801,927

745,591

700.797

353,681
1,903,358

1,718,808

370,320
1,314,894
1,125,185
7,9!l 1,281

1,351. SSI

1,S31,133
1,843,007
875,158

American Kxoh'ge.

Commerce
RroMdway

1I2«,100

tiU.400
4.'tU2.»a0
l;t,UI]8.000

3'^0,000

6C.200
213.800
1,429,000
1,405.600
24S.400
731,000
236,300
222.600
441,900
166.800
375,300
477.700
233,600
230,600
285,100
187,400
168,000
347.000
167,000

S'.lti.lall

!ls.5.i;i9

2,807.41 !>
1,150,548

J.29i;,50O

1,188,250
381,705
1.1119,984

2.OS0.005
323,90(i
2 10.790
192,805! •2tt),580 1,507, 8110 1,701,132
^:!,3.52
N.O. A Northeast S ptember
27,133
413,840
45,585i
{N. Y.L.Erie AW. An«nst.... 1,437,348; 1,.534,427 0,83!»,082 1 0.003, (i73
N. Y. Pa. A (). Vuiiust
441,338 482,039 3,114,183 3,00!I.S30
H.Y'.&NewKii«.;S.ptenil>er
343,312 281,0381 2,4So,5S() 2,140,509
N. \. Ont. A W. Sipti-iuoer
187,275 205,318 1,401,009 1,400.952
N.Y.Susq.AWest Sept niber
105,3*4
95,417
803,518
750,190
Norfolk & West. 2 wks Oct
140,897 2,109,344 2,077,011
144,20!)
Northern C'eufl. .Siijitember ,504,7.54 470,8111 3,00.5,018. 4,085,O0<l
Nortlicni i'acitici wksoct.
717,40
034,920! 8,520,092 9,912,100
-Jd wk Sept
Olito A M Iss
100,809 104,8501 2,.558,75l 2,042,800
32!»,<33
324,9451
Oliio Southern .Sept.inber
59,074
46,598
OrcKon Imp. ('o. Aii.'iist ..
275,003 270,126 1,805,8051 2,214,800
09,428 1,138,9181
561,027
OreRon Short I-. Aii.'ust... l.S0,12S
104,338
nOrcg. R.A N.I o. ;id wk Oct.| 140,231
Sept luher .1,270, 0'J^ 1,458,871 33,237,032 30,39!I.O99
F©un.syl\"aui.i
5S3.073
01-<.001
13,2^'<
l.-i,530
Peoria Dee. A i;y. :iil wkf)et.
33s,775 3.-.2,2t)5! 2,301.022 •_'.(;0I.7O0
Phila. AKrie ... Sipt-iiliir
.

6,618,000
4,713,200
1,449,300
1,711,900
617,800
1,051,800

e.l61<,200

S,9S2.«00
2,316.H00

Pacific
Hepiibllo

5.99.^,700

3,821,700
1,528,000
8,870.100

226,900
653,000

Hanover

tl,&l>0,200

2,8:16.700

IrTinu.
Citizens'

2.706.000
2,8H2.»00
1,»91.100
»,1 81.700
2.011,900
3.027.000

870,000
699.500

L'liattiain

Peoples'
Nortli Aiuartoa ...

.N'aasan

.

.....

Market
Nicholas
& Leather..
Corn Kxchange ...
Contlneutai
St.

Shoe

Oriental
Importers'ttk Trad.

Park
North River
East River
Fourth National..
Central National..
Seeonii National..
Ninth National...

l,IXeii,:tOO

727.800
535.800
1,187.000

8:6,000
1,140,000

1,801.700
21.163,100
18,391,700
1,667,000
1,117,400
16,702,800
8,744.000
2,732,000

247.000
6,OS4,900

869,000
904,990

4,9511.200

1,733,900
177,000
88.900
1,171,400

1,000

Bowery
N. V. Oonnty

2 040,900
2.61'8,500
2,»('3,700
2,7o'<,200

tJerinan- .\ ineric'n.
Chase Niitional...
Fifth Avenue

(German Kxcb'nge.
G,;m)aala
United States

1,910,400
1,990,000
2,641,600
2,09 i,oao
1.393,800
1.2O3.90O
2,993,200

Lincoln
uarllelrt
Pitth .'National
B*k of the Meirop..
We.st Siile

1,992,500
1,630,300

Tota l

203,7lX>

"i'oWo
466,600
44,400

1.003,200
8,020,700
1,188,400
4,!S^i,200

15.676,000
17,444,800
6,431,100

696,400
8«6.«00
45,000

7,S»tt,600

2,870.800
6.01M.I00
4,845.100
1,096,600

4'23',Md

4,<fl»,800

11J48.700

180.00Q
255,000
264,600

3,033.000
2,982.300
3,112,800
2,978,800
2.165.400
3,872,000
4.674.200
6,148,700
1.880,100
25,017,600
23,780.000
1.919.000

436,400
4'4S,do6

163*600
976.500
45,000

224,700
180.000
297,000
38,400
45,000
419,700

98.3,100

19,848.700
9,762.000
3,277.000
6,334,500
21,162.000
6,429.000

651. ,300

176,900
198,000
109.400
131,200
803,900
102,500
540,000
239,600
1'29,300

307,200
103,600
113,000
425,200
191,400
120,700
130,600

196,700
150.400
641,600
287,800
484,600
360,700

6M.WI0

l,,36a.000

416,000
315.000
306.800
737,300

1,479,3001
4fi5,000

l,.i2J,800

Seaiinanl

Sixth National....

278,000
4,117,600
1,61S.500

43.'S.400

116.000
255,700
5,703,000
2,2)7.000
533,000
1.308.300
4.469,300
1,556,600
816,800
471.400
476.690
427,700
668,200
870.200
240.000
407,500

19.919.»00
4,373,400
1,247,000
2.1*1.700

National ...
N. V. Nat. Bxoh..

l,2se,^200

170.800

2,848,900
2,501,800
2,531,600
3,611,100
3,020,100
2.669,100
2,519,900
3,523,300
2.640.400
1,384,600
1 276.100
3;8S0,700
1.750,300
2,246,200
1,846,900

224,'iOO

160,000

46;000

180.000
43,100
179,000
124,700

193,000-

340,247,100 100617300 23.717.500 385.189.600 10.00^.600

The foUowiag are
Loau.

18SS.

»3'i,600

B,.MO,-.!00
6.2»fl,8()0

B.3II

Nattoiiul

t'irat

totals for several

weeks

SpecU.

L. Tender:]

DepotiU.

s

*

*

past:

\OiTeulaUon\An. CItar'tt

I

899,720
1,1 29,0.10

1

,

18,9^9,790

..

Mercantile

730,709

1,042,031
1,220,923
1,311,792
2,433,391

7!I0,.'<00

1

rhirrt

408,773

3,272,000

Mannfm.
Sitveuih Ward
state of N. Y

3,008,113! 3,009,111
580,174;
.592,715

094.030

06:^,200

178.700
334.800
117.600
148,000
137,300

(Irei-nwlch

Leather

:O<.H0n

.i.-..500

8,080,-_'9S

2414)00
'00,000

I

i,oia,9oo
291,200
86,000
145,400

:..

2,380,33(1
480,!t89

A Tr..

bo.oiM)

63.^,1100

l,a92.300
1,247.000

Ilrov..

1

•I.HOO

&,4i<4.UUU

A

r'ii'.iV'w

900

18. II
X-i- ...

Rtoh.

Mi«r<-li»ntA'

3ii',oao

1,621,000

•••7,400

II

12 067.000

i.He6.»no
366.000

604.000

i,-2-r

,

•
cui.ooo
682.000

"011,800

oofl

•>•

Mechanics*

2.59,912

04,9fM)

.H.0H2.0U0

•Ity

lYfttienmAn's

llulclier*'

534,140
577,203
37,138
321,387
300,903
24.705
185,309
201,000
50,080 2,420,117 2,300,270
50,240
300,043
304,702
37,074
377.812
28.5,198
307,290 10,932,287 10,755,758
15,302
110,384
09,324
117,382
40,338

787.«00
l2.?2il.»(J0

Onllatlu National.,

104,.50l

115,323
40,873
30,580
129,500

s.-t-tiMiiher

702,li85i

101,0041 1,220,352
193,878 1,234,101
209,800' 8,381,71(i
49,887: 1,289,271
47,788 1,854,342
48,748 1,944,028
22,995 1.179,340

52,.531

Kentucky Cenfl August
L.Rk.M.Rlv.ikT. August

27,720
184,701
28,370
42,825
10,983
12,304
8,582
220,751
305,790

l>,U;<O.MX>

VRisrloa
I'heatx

l,l(i0,33:-.

•

:f(l

I.227.I1II0
2,1.19 0110
47,0 10
1.7j:.'>IK)

4,3l!l,OOti

1

City

H 1H0.300

2,13.5,857

02.932i
83,172
430,990
Clifis. O. it s. \V. Viiijnst ..
130,7211 122,808
970.024
8.|2,5i:i
Chicagii it Alton :iil wk Oct.
Chicai
187,149, 222,399 0.34 4,5 lit r,05l,303
Clilc. Itiiil. A Q. Aii^uit ... 2,224.304 2,417.49
C
10,410,100 15,798,715
Cliic. A, llasi. 111. :W wk Oct.
Clii
43.3
39.988 l,2!ll.lll 1,230.149
Chic. Mll.itJit.P. :i(l wk Oct.
037,OOI>
.502.11 I l8,39ll,;t."i;l ls,073,(il2
C'liic. & Xoitliw i:i(l wk Oil.
fi30,000i 558,500 ls.,siil,s!l2 S.O |7,."iOO
CIi.St.r.Mlii.\0. :i 1 wk Oct.
148,l(M>i
] 43.000
4,407,700 4,571.123
Cliic. & W. Midi. :).l wk Oct.
27,0(i5
27,040 1,024,439, 1,220, iss
CIn.Ind.St.L.AC. -M wk Oct.
53,0<)9 1,850.3011 1. 901, 02,'
47,120
an. N. O. .v'JM'. dcplcrabiT 241,225 242,797 l,»10,0I5i 1,91.5,.574
Cau.Wasli.ifc Halt Kit wk lot.
34,750
41,599 1,283,9711 1,401,8(H)
acv.Akrmi.t I'dl :i I wk Oct.
9,775
0,430
394,4581
392.iM)2
Clcv.Col.C'.A- Ind Aiiifust ..
321,228 344,481 2,252,9251 2,147,121
Danlmrv & Nor. Sciitoinlior
24,478'
158,5S3
21,090
108.251
nonv. A KiotJr :)il wk O.t. 140,2 10| 128,097 4,814,770 4,350.291
IVnv. AR. (i.W. ;i,I wkOcr.
27.000
800,335
17,930
030,715
Do.-i. Mo A- Ft.U. .-ill wk Oct.
10,810
297.818
8,811
280.102
Dct.l.aiis i;A- Xo. .ill wk Oct.
21,019
28,735
951,7.59, 1,0<»0,OC)3
Dul).,V[.'5ioii\

2.9M,O00
H, 279.000

l.7if.

I'niiui

82,001

7.57.57(!'

223,8(i9
02,.587 2,39(ii7(>0
185,0001 0,481,892

Oor.i '2O4,()0(),
ltd
Oot.t
.18,102
40,000
tCculral ['iicillc.[jiily
1,370,2()9, 1 ,308,99!>
Clin.s»|i. .k Ohio. AiiLcii«l
299,1981 348,187
CnniKllaiil'iicKlc, :ta

000

ln:i4<.iH)o

1

Uo

'(ftnlmltjii

Merehaiiu'
Mooliantov*

95,270

!H).."i'i3

4IIWHWI a/—

ttanto.

^•w Vor»

1MS4.

1H8.").

IB

Ala. Ot. Sontli'n -"cpteinbcr

Biir.tVd.H.iNo.

84. 1888;

hnailiii);

Kovus.

k

493

$

\

«

$

Oct.ln 331,900,300 108472900 2.8,505,100 387.298.300 9,933,800 659,580.64«
17 3.i5.473.0UU, 105636300 27.872.300 387,798,400 <),938.ri00 702.000 829
• 2ll310.-217,:0O:10O6173()»
J8,717,5m( 335,189.6I)I> 10,008.600 828, :)7?,0 18
'

Ito8tnn BankH.
1865.

— FoUowins;are the totals of the Boston banks:

Loans,

Specie.

S

$

L. Tendera.

UepoHU.' Circulation An- CUar'tt
I

$

I

S

$

•

Oct.10 153,716,100 8,963,3001 4,3,37,900 112,713,200 21,422,800 73,425,489
' 17 153,101.000 8,976,700 4,449,000 114,96S.000 2I,417,"00( 79,440,888
" 24 163,051.1001 8.869.100 4.849,riOO 1 15.836 2 M) •Jl.-^Kl.COO 7S.7-.>9.988

Philadelphia Banks.—The

banks

totals of the Philadelphia

are as follows:
Loafu-

Lawful

Afon«i/.

DepoeU*,*

Oircutafion.

83,087,100
81,982,600
S5.25O.100

7,39-<,500

An-

Ctear'gt

I

.

.

.

i

PUila. AReailintf Septeinlier 2,S(M),3ss 2,-i7li,451 21,0!I3,1!11 23,li;i.!)23
Do C. A Iron Si.ptenili.r 1,751,214 1,574,007 1 1,172,251 12,<I10,!I51
(io,5(;o
Kichm'd ADaav. Septeniiicr 373,033 337,387
,823,844
Ch.Col. A Auc .scpt.mber;
80,1.50
04,270
501,415
511,120
Cohiiuliia.\tGr. September
4.54,197
418,743
03,4001
51,130
390,146
Georgia Pae. .. Septemljcr
62,000
40,974
458,4121
Ya. Midland.. Septem'ier' 107,301 170,268 1,134,785. 1,184.174
We8t.No.(ar S(.|itember
45,804!
318,328
42,879
337,544
28,s39
Roch. APittsirK3d ^vk Oct.
008,302
25,854
963,494,
RomcWat. AOc. Auifust....! 104,3931 175,205 1,060,062 1,058,755
Bt. Jo. A Gd. Isl. ;id wk Oot.
20,718
33,725
844,822

Oct.
'•

10
17
24

80,143,-JOO

28,210,700
28,979.000

"9.i)77.20()

29.559.30(1

80,160,900

7,394,600
7.432,500

47.976,207
63,981,068
.58.948,016"

"Inolading the Item "due lu otner uaniLa."

Unlisted Securities.

week

—Following are

latest quotations for

a

past:
SMUritiM.

Atk.

Bid.

Stcuritio.

Bid.

,

I

8t.L.AitonAT.Il. 3d wkOct.l

27,4791
17,700l

Do Branches ,2il wk Oct.!
A W.3d wkOct.'

14,112
107,080!

8t. L. F. 8.

St.L.ASan.Fran. 3d WkOct.l
et.PaulADnliith 3d WkOct.l
8t.P.MIii.,V.Mau. Septcmljcr'

South

t'arolin*..
8o.I*ac.Cinni)'y--

September

1

41,029!

740,845
113,427

30,051
900,242
18,038
507,298
11,169
500,181
110,202! 3,373,190
37,030 1,030,5101
7.(8,.537 4,939,840
H)0,i599

781,249

1,079,098

575,238
401,146
3,708,401
1,002,593
5,0OI>,450

810,911

Mexican currency.

•

Hiuliraee.s the 1,030 miles
Central P.ieillosysiciii.

north of Oo.shen

now comprising

Not Incliidi i!{ Indianapolis D.^catur A SprlngHeld lu either year
6 Not Ineludin r caraiiiKi of New York PennsylvanU & OUo road
Freii;ht and passenger earulujjs only.

t

II

\\

And

liranehe.M.

Cent.

D., let, ohl
Dlv., 1st,

t

e

new

N. Y. W. Sh.A B.- Stock.
Ueceivera' cert

83
60

Incomes

13
.\conmnl. land tyrant
221a
79
.via. * Char. Air L., alack.
iHt luort., gen. boada. .. 119
Incoiueif
95
4>1
Boat. 1I.T.4 West.—atk.
Debeutnre!)
65
H"4
Buff. N. Y, <fe Phlla
12
Pref
Truet honda, 6a
35
nklyn Kiev., 8t. recelpta

orwhen

Coat. Cuuti. Imp. Co
Kio Uraude— 5s.
Oenv.
5«, U. s. Trust cert')

A

Uenv.Jt RioUi.W

Incomes
6
60

Kloetrlc Llffbt

101
I

201a'
8j»4|

'itiW
54

I

70

171^1

1*

Motor
8 Hi'

.Mexlcau National
Prof

15'.

Idt luort
Mich,,fe U,— Ist mort. ...
U.K.dtr.— Income scrip ..

623,

.V. Y. M. Cn. Tel.— Stock.
North. Pac.— DlT. bonda

24
66
67

j

1*:

"e"

iucomea

Texa.4 A Pao —Scrip 1b»4.
.-icrlplBSe
Tex.<kSt. L. A A >l v..liit.
Tel. A O. Cen. com. stock.
Prel

1

!

H

I

419 iTol. Jt O.Oeu. U».)i«, KT.bjr
Col. A Hock. Val. RR....
17^1
I

26V
67

76"

87^ 88

22
18
19 "a
2
6
6
84 <«
1»

66

Stock

I

41

2\

—

21

80
101

...

2

96

21i«

Postal 'I'eleflrraph—Stock
1«
lat mort., 68
9\ 11
.Southern Tel.— Ist M. hde 20 Si
State ot Teun. ael*m't,3» 6t\
84
settlement, 5s
97 >»
Settlemeut, 68
103
St. Ju. ,<t arand Isl., 1st.. 10«

,

luuv 101

Ki", ly

...

Western

latmori

I

Bridge—Stock

eiiilerAoa
lliinda

Cent, trast cert
dt Atlantic
1st mort

Pensacola

Pittsburft Jt

ueer«la Pac— Ifll mort.6.4
2d laort
1 1

D.C
N. V. J£ Ureen-d lAke, 1st
Ohio Cent.- Rlv, Dlv., lat
Cent. Irnst cert

100%'

1st HlOll

i<:di.-4on

Mi.nh Rlv. 0008.-100

18

iAHued..

2d M., or when issned..

!

I

"

A Pac— C.

l»t M.,
1

Allan. System Aujtust....
580,212 5,345,833 4,632,206
740,131
Pacillc system, Au^'uat .. .11,090,302 2,210,150
Texas AN. O... Auifiiat ...,
08,400,
75,502
541,597
63i',272
Tex. A St. I.oais 2(1 WkOct.'
34,101
37,932t
Union Paeitle... Aitanst ... 2,331,130 2,417,71015,800,050 15,787,425
Vioksb'fC A .Mer. Septcml)er
30,918
41,183
2!»9,331
335,023
Vloksb.Sh.Al'.ie. Septemher
35,i)2l'
39,991
2.50,803
135,202
Wab. St. L. A P. Septeiuher 1,230,100,1,127,875 10,199,124 11,107,885
212,038' 223,308
llWcst Jersey... Ausrust...
892,933
929,410
Wisionsin c.nfl 2d wkOct.l
27.991' 1.T17.W8I 1,088.012
28.088;
t

Atl.

I

I

ViCish.

,te

Mendlau...

8d mort
Incomes
We«t N. Cat.— Honsol.

15

81 >.
3<<

!lst mort

•

47 >. 48
2»
28
43
37 >i 4U
•7" 99

"^'

8S>t

u
Bs.

81">

THE CHRONICLR

494

&

%nvitstmRnt
l^ailruafi

ltttjeIXi0jetiJC«.

The Investors' Supplement contains a

comijlete exhibit of

Funded Debt of States and Cities and of the Stocks and
Bonds of Railroads and other Companies. It is published

on the last Saturday of every other month—viz., February,
April, June, August, October and December, and is furmsTied without extra charge to all regular subscribers of the
Chronicle. Extra copies are sold to subscribers of the
Chbonicle at 50 cents each, and to others than subscribers
at |1 per copy.

ANNUAL REPORTS.
Boston

& Albany.
30, 1885.)

the report to the Massachusetts State Railroad Commissioners, the figures are now obtained for this important
trunk line for the year ending Sept. 30, 1885. The total income for the year decreased $510,731 from that of 1884, but
the expenses have been reduced $493,200, so that the net
decrease is only $18,530. The number of passengers carried
during the year shows an increase of nearly 100,000, and there
were over 100,000 more tons of freight carried, but in both
cases the cash receipts were less than last year. The number of stockholders in the company is 6,693 against 6,590
The following tabular statement is from the report
last year.
in the Transcript :

From

OENEKAL EXHIBIT.
1884.
$9,148,713
5,785,876
2,3S2,Sa6
75,000

1885.

Total Income
Total expenses

$7,U37,982
5,293,676
2,344,305
75,000
662,900
l,547,80i
58,601

Netlncome
Eentals
Interest accrued
Dividends declared, eight per cent

Surplus for the year

ferred stock. The present first mortgage bonds of D.
R. G.
Western are to be treated much as the D. & R. G. consolidated bonds are, and to receive the new 4 per cent consols at
par and with each $1,000 bond a bonus of $500 in the new 5 per
cent preferred stock to compensate for overdue coupons and the
reduction of interest to 4 per cent. The D.
R. G. Western
would til us be merged in the new D.
R. G., taking its stock
Rio Grande
and bonds as here stated. And tlie Denver
parties urge that it is for the interests of the D.
R. G,
Western to accept the terms offered, since the saving in
expenses, by no longer keeping up the organization of two
companies, would be sufficient to enable them to pay the 4
per cent interest. Without this saving tliey claim that the D.
R. G. Western could not permanently earn 4 per cent on its
bonds.
In the Chronicle of last week it was remarked in the
course of certain comments upon this company that:
" On the loth of October a notice was published that Messrs. Coppell.
Welsh. Oilman and Dick, at the request of bondholders said to hold
$i, 500,000 of the Denver & Rio Grande Western bonds, would soou
formulate and propose a plan of reorganization. t)n the next day, Oct.
17th, Gen. Palmer published a notice that a majority of the bondholders had agreed to his plan.
To foreclose the mortgage the trustees
must have the' request of 25 per cent iu amount of the bondholders,
but a singular provision in article IX of the mortgage says that a
mnjority of the b(mdholders may control the trustees' action, and may
vote to waive a default."

&

the

{For the year ending Sept.

662.fl00

1,547,804
77,132

Otherinoome
Operating expenses
Taxes

In regard to this, Gen. Palmer states that there was no
intentional sequence in the issue of his notice just after the
notice of the Coppell Committee, and as a matter of fact ho
calls attention to the circumstance that his circular was dated
on the 16th, and was mailed on that day to some of the
stock and bond holders before the otiier notice came out. He
also thinks that the provision in tlie mortgage giving a
majority of bondholders the controlling voice is not unusual,
but is contained in many railroad mort?ages.
It is an
important feature of his plan that no dividends can be paid
on the stock until the funded coupons or certificates given
therefor have been paid in full, and such payment may be
made at any time on 60 days' notice.
His circular as
President, under date of Oct. 28th, says: " The following is an
approximate statement of the Denver
Rio Grande Western
road since July Ist, up to which date statement was included
in the circular to the bondholders of August 27th :

&

July
August
September
•October

1885.

&o

Total assets
Liabilities

—

Capital stock

^<if?

•I'l't.

Unfunded debt
Frotlt and loss balances
Improvement fund
Total llabiUties

$24,768,715
3,145,400
2,668,959
2,624,659

1884.
$24,368,716
3.145 400
2,502 259
2,554,587

$32,807,736

$32,570,963

$20,000,000
10,858,000
890,509
1,059,226

$20,000,000
10,858,000
762,204

61847
888!911

$32,807,736
TRAFFIC FIGURES.

Passenger mileage

$32,570,903

!

Average rate local freight
Average rate through freight
Average rate all freight

84

1-63

167,402.551

V,?"! 402
374 347 555
3 3^5 500

018

i-qi

nt!.

1-81 cts

ots.'

-61 cts.

-78 cts'
109 cts

-gicts.

GENERAL INVESTMENT NEWS.
Chesapeake
TOid

& Ohio.-It

that this company has
m full the taxes ($209,000),stated
claimed by the State of West

Virginia,

dn^tors

is

about which there has been a controversy
The
company met this week and decided to pay
"""^ °'' *^^ °°"P°°' °' "^"^" "B" ^^^^

of the

dS^Cember 1.

Denver & New Orleans—Denver Texas

^patch from

Gnlf — A nresa
The Denver
the Denver & New

&

tS

Denver. Col, Oct. 28, said
Gulf Railroad Company, successor to
Orleans Railroad Company, to-day paid over
money to clear
up Its title to an extensive coal mine and to station
groundto
Denver. The friends of the company are
enthusLuc ove?
the prospects of a reorganization and extension
of the road.

&

Expen.'tcg.

$88,298
91,313

$53,310

yet
earningr.
$.14,988

66,841
58,3S3
61,000

30,472
46,570
52,019

104,9.i3

116,019

•

m

Denver & Rio Grande We.stcrn.-The committee of
which
IS chairman, representing some
$2,500,000 of D. &

Mr.U.ppeIl

K^.

Western bondholders, have just issued their
proposed plan for reorganizing the D. & R. G.
Western. This plan
insists, briefly, ,n a merger of the
lattercompany into the new
company to be organized on foreclosure of the
D. & R

oommon stock, on the payment of
assessment
hare m cash, for which $6 there wUl beangiven

$12 in

G

Z

of $6

w?

new pre-

$161,049
$24,900

Balance

$139,149

•Earnings for 4th week and expenses for month of Oct. are estimated

" The foregoing period covers the best four months of the
and the road cannot be expected to maintain so higli an
average for the whole twelve months until there is some
year,

further revival of business activity."

EvausTllle City Bonds.— The City of Evansville is in deand the Connecticut Mutual Life Insurance Company
has sued the city for the payment of $60,000 interest on
defaulted water-works bonds. The bonds were reissued in
1870, when the works were completed, and as the terms of the
bonds give the purchaser a lien upon the works, the company
fault,

.

is

167,097,784
8 874 030
398,862 058
3,446 413

Slffj«era,<^a'-™<1
Freight mileage ...
Average tons of freight carried
Average rate all passengers

earninffs.

Total for 4 mouths, net
Deduct from above net earnings the charges (for 4 months)
for rental of rolling stock, taxes and insurance

$1 66,700

BALANCE SHEET.
AssetsCost of road
Cost of equipment
lauds, stock, bonds,
Cashassete

&

Gross

$3,556,687
4,093,002
7,646,989
501,723
5,263.026
522,850

PKOPERTY ACCOCNTS.
Total for oonstmotlon Riverside Branch

&

—

1885.

$3,442,543
3,765,928
7,208,472
429,509
4,741,270
552,405

Earrings, freight
Total transportation

&

&

ANALYSIS.

Kamings, passenger

[Vol. XUE,

in possession.

Florida Railway & Navigation.— This company lias been
placed in the hands of a receiver. H, R. Duval, formerly general manager of the Erie fast freight lines.
This is the system
of roads of which Major B. S, Henning is Pjesident. It is stated
tiiat this is taken as a preliminary step to reorganizing the
company, which will be done as earlv as practicable. The
system embraces 529 miles of completed road, and the construction of extensions southward is in progress. The road in
operation may be seen by reference to the Investors" Supplement of this date, and a map of the lines was pubUshed in the
Supplement of August and previous numbers.
Fort Worth & Denyer City.— Earnings for September, and
for eleven montlis of the fiscal year, were as follows:
September.
1885.
1884.

,

^Xov.

1

lo Sent.

30.^

1884-85.

1883-84.

Operating expenses

$39,677
26,062

$40,067
18,617

$405,745
229,536

$437,619
241,329

Net earnings

$13,615

$21,450

$176,189

$196,290

„.„
Gross earnings

Henderson Kridge Company.-This company applies to
the Isew York Stock Excliange to list $1,003,000 capital stock
and $2,000,000 six per cent first mortgage bonds due 1981.
The company has a contract with the Louisville & NashvUle,

&
&

Evansville & Terre Haute, Louisville
and Peoria Decatur & Evansville
railroad companies for ninety-nine years, guaranteeing that
tolls shall not be less than $200,000 per annum.
Tlie gross
earnings since the Bridge was opened, and the balance sheet
on August 31, are thus reported
Grosseamings July 13 to31
$14,889
"
"
August 1 to 31
24,491
Southeast.
Evansville

St. Louis,
St. Louis

:

"

6.

ptember— estimated

'.'...'.'..'.'.'..'.

Total.
.

28,000

$67,280

OOTOBEK

THE CHBONICLB

81, 188S.J

BAt>AMOB inUIT ACOOaT 81, 1880.

tbn holders of ooinmon stock of said IxhiIstUUi KTanavlUa
,ilw

Fetoume*—
C<mt

itt iM'Icliri-,

apix'oix'lK'x tliprrto and
Itimds In tri<u*turv
ii
I-.
In HhikliiK fiinil

'",.11

1
1

lOO.OOO
20,000

puny atook lu treasury

O-t./voo

'Icon
•

i-;-

i

-

1,000,(X)0
lOi.ftO'i

iljle

-

Total

93,2B 1,900

IJabililies—

mils

.iiiil

I

imj-rolls for labor

and mnterlnli

f45,2n0
148,000
OZ.JOU

•!'>

1

'

I

liondH lino SopUiinhor 1, 1885
Kiu tralllo (July and August)

89,3.-40

Kuat muilKUge bonds

3,000,000
1,000,000

Cttpltal stock

Total

Cash on hand Oct. 20, 1884

$74,988

BB0EIPT8.
Prom inixsenKer and ntlier souroes

and

$313,23i3

60,187

i>rlvilego8

872,423
Total

$447,412

DISBURSEMENTS.

For operatlnp expenses, including
wsifes, coal,

salaries of offloers,

Ac

$114,567
3»,97«

Rentals
Terminal accommodations. Coney Island and Long

Branch

59,311
16,602
5,789
4,300

Eepalra
Supplies

Taxes
Loss and damage and

legal

in

till*

nt

iiriifiiirfloii

iilifi

nli/trn

expenses— 1883.. .$3,957
1885...
522

..^4

<

rnoi^vu au iUvIiIihhI

\

n,it

fit

'Imll
.

iv-

st'^k

iiiiii

Memphis & CharlefitoD.—Tho (tmsb am! net eoralnn foe
September, and for threo niontliH from .July 1, Iiato been :
Be/tteinhr.r.

'

1H85.

Gross earnings
$1U5,195
Operating ezpcuses....
77,451

Net eanilngs

New York
bune from

(

$27,744

Chicago
'levelaiid,

&

,

July

.

1 (o

tept.

30

1885.

1884.

$281,815
210,071

$330,518
236,358

$28,248

$74,764

$104,206

Loais.— A dispatch to the TriOct. 28, said The report of D, W.
St.

:

Btdance on hand July 1, fl52,6.'i4; freights ana advance
charges, |979,994; passengers, f 105,378; express, $2,888; mails,
$5,870: assets of the New York Chicago
St. Louis Railroad, $23,946; miscellaneous, $22,4.52; total, $1,292,940. Disbursements—overcharges, $20,119; supplies, $127,932; freight
and ticket balances, $339,129; car service balance, $33,918;
labor on pay rolls, $345,562; labor paid by vouchers, $.36,870;
expenses of agents, $3,830; cartage, $3,517; switching, $6,847;
loss and damage, $3,238; rents, $7,911; taxes, $17,985; right
of way, $3,808; injuries to individuals, $2,482: rental of equipments, $58,100; stock killed, $199; indebtedness to New York
ceipts:

&

&

$1,034,921

;

St.
Louis Railroad Company, $25,169;
balance on hand September .'JO, $257,718.

total,

New York Lake Erie & Western.—Whatever is done in re
gard to the payment of overdue coupons on the second consolidated bonds should be done in accordance with the terms of
Surplus.
$185,607 the bond and mortgage. These documents are very explicit on
the point that all past due coupons must be paid in their order,
DISPOSITIOS OF BDRFLCS.
and a later coupon cannot legally be paid while any coupon
Interest on bonded debt
JBSO.OOO
of prior date remains unpaid. This proviso constituted an
Dividend. i?3 per share
60.000
Special deposit iu Farmer's Loan and Trust Co.,
important part of the agreement with bondholders, and
auaiiist tlie suit of tho Ocean Xavigatlon & Pier
except for this it would be possible for the company to pay a
Co., pending in Supremo Court
35,000
coupon once in three years, and thus stave off a foreclosure
Amount Invested In bonds of the company, as per
insurance, etc

16,878

261,904

resolution of the boai-d of directors, Oct. 16, 1885..

20,000
145,000

Balance cash on hand Got. 16, 1885

$10,507

indefinitely.
The bond reads :
This bond is Issued subject to the express condition that no right of
action thereon, cither at law or in equity, nor any right to enforce the
mortgage security, shall arise for or in consetiuenoe of any failure to
pay interest wliich may result from the want of net earnings of the
mortgaged premises applicable to tho payment of Interest tliereOD
until on each of six successive due dates of coupons some interest s>cured by the said indenture shall be in default and unpaid. If at any
time during the currency of this bond the obiijzor should not be able to
pay In full an interest coupon as it falls due, but should be able to pay
some part thereof, such part payment will be made pro rula on the entiro issue, under such reiirulations as the tmard of directors may prescribe; a7id each coupon will be paid in full befort any payment upon
the succeeding coupon.

Lonisville Eransrille & St. Louis.— The amended plan
of reorganization for this company did not come to hand in
time to be classified with the other plans in the Investoks'
Supplement.
Messrs. Jonas H. French, Isaac T. Burr,
William T. Hart of Boston, and Alexander P. Humphrey and
James M. Fetter of Kentucky, are appointed trustees to purchase the property at foreclosure sale and to perform other
acts. The trustees are to form a new corporation, and convey
Article fifth of the mortgage, which provides for this, is even
the property to the same. The plan further provides:
stronger in its wording, and reads thus :
" But each due coupon must be paid in full l>efore part payment of
The now corporation shall Issne new first mortgage bonds to the
extent of $4,000,000. The principal of said bonds shall be payalile in any coupon subsequently maturing."
thirty years from date, in gold coin, and Ihey shall be secnred liy a
New York & New England.—The Boston Transcript of
mortRajs'eon tlio entire j)roi>erty of the new corporation. One milliiin
dollars of said bonds siiall lie known as series A bonds, and the trustees Oct. 27 said: " The monthly meeting of the directors of the New
may use so many of thein as may be necessary to pay, in such bonds at York & New England Railroad, which occurred to-day, had
par, tbree-fiiurths of certain notes, with intetfSt to Januiry 1, 18fl(i. or
so many of them, not more than threefoiirtlis, as iu'the jndgineiit of been looked forward to with unusual interest, on account of
said trustees shall seem best; the face value of said notes. aniiiuntlnK the many and conflicting rumors which had been flying
to the snn>of $ tos.470. and having been given for money burrowed liy about of late in regard to the volume of suljscriptions to the
said Louisville ICvausville & 8t. Louis Railway Compau}', ami herem
$2,000,000 of preferred stock authorized by vote of the directcalled •spcelal notes," ami the balance of such feries .\ bonds, sliall
remain with the new corporation or corporations, to pa5^ and dlHctiartro ors at their Septeailier meeting. It was found to-day that
any liens on tlie proiK^rty of said railroad to lie iinicliased iiy said trustees, $600,000 of the whole amount had been suliscrilied for, and
and to pay fnrniUingstookand topay for such improveineuts and ciinip- the directors voted that preferred stock be issued to that
ment of said railroad property as ui;iy bo necessary for tho iirolUaMe
The persons subscribing are not obliged to take the
operation of said railroad. Said tionds shall bear interest absolntisiy at amount.
the rate of 6 per cent per annum, payable semi-annually in gold coin. stock, but there appears to be no question that they will do so.
Any of said lionds remaining in the bauds of said trustees at the end of The directors also voted to pay the creditors in these shares,
sl.Y months from the time the said trustees convey the property to the
(MX), 000 floating
said new eoi-poration or eorpnrati'ins shall be eaneelcd by them. Tho and it is not unlikely that the bulk of the $1,
debt will be canceled in this way.
After the Slst of October,
remaliiinf; .(13,000.000 of said bonds shall be known as series B bonds,
and shall boar interest as follows: For the first eiRhteen nninths siiall when the preference to stockholders and creditors terminates,
bear no interest; for the llrst. second, third and fourth years then-after
the stock will be sold to whoever will receive it. In all cases
shall bear Interest, resiieetively, at the rate of 2, 3. 4 and f> per cent pir
Although the syndicate which it
annum, payalile seml-aniinally. and thereafter at the late 01*^ 6 iicr cent it has to be taken at par.
per annum, and shall be distiilmU-.d, pro rata, among the holdrrs of said was said would come forward to-day and take the entire
first uiortgaKc bonds.
Ihe mortgage Klvon to secure said bonds shall amount did not put in an appearance, the directors nevertheexclude from its operation any cxtensi m of the road west of .Mount
less feel greatly encouraged, and stiy that the object for which
Vernon. 111., and any terminal property In Louisville or St, l.ouls.
The capital stork of the new corporation shall be issued in shares of this stock was to be uwued has been accomplished. The road
$100 each, and shall be of two classes, preferred anil common, and in will be able to pay its debts and be preserved to its stock-

such ainnuuts of each as may be neccsaarv for the purposes heieln
mentioned. The preferred stock shall be entitled to and shall receive.
from yearto yoTTT, out of the net earnings, and prior to the payment of
any dividend on the common stock, ulvideiids not exceeding 6 per cent
per annum in any one year, which shall lie niiii-cumulatlve.
Preferred stock shall be issued to

mortg.iue liondholders at
mortjiajro bonds to the first dav
Of Janu'iry. 18811, witlioiit any interest on interest and to the holders
of said special notes to tho amount of not exceeding one-fourth of the
face of said special notes, and interest thereon to January I, 1836; and
to the insiders of the second mortgage bonds, for their face value, upon
the surrender of said bonds ami all the counons bcloniting thereto, bat
said pr. ferred stock shall receive no dividend prior to 1889.
Common stflck shall be Issued to the holders of the income
bonds of said Ixiuisvtlle New Albany <k St Louis Railway Company, in
Uie proportion of five shares of said common stock for each income

parftr the unpaid intenst on the

holders."
—The gross

and

1884-85,

;

and net earnings, for the fiscal years 1888-84
by months, are as follows:
SH Bttmingt-Oroas Samingt
.

all first

first

1834-»5.
Get. 1 to
April

HarohSl.

"

"

18S.1-84.
$1,6I6,.'>I1
275..'-i07

1881-8.5.

18H3-84.

$447,213
72,237

184, 1.',7

$141,616
61,383
51,635
68.166
55.091
89.625
73.015

$1,091,492

$540,531

Stay

273.70i

62,»6-t

June

283,5:10
2711.217

81.307
109,889
153.771

July
August
September
Total year

300,794
281,637
$3,283,050

.

1884.

$110,384
82,136

Caldwell, the receiver of the Nickel Plate Railroad, for the
quarter ending September 30 was filed in the Common Pleas
Court. Judge Jones, who" appointed the receiver, said that
the statement extensively publishe^l that Vanderbilt holds a
large amount of receiver's certificates is a mistake, for the
reason that the court has not authorised the receiver to issue
any certificates. The following is the receiver's report : Re-

Chicago
4,479

General expenses, including advertising, furniture,

nliiiU

The balance of the plan in mainly fon
bonds, &c., providing iiIho I'
{lay $5 j)er IkjihI on (lo(«>ni:
ng their now IjonilH; the lioi'i.'i^ .> iiii!iiiiiii im.hus
also pay #1 per share on receiving their new stock.

declare<l a

dividend of ^ii per share, payable to stockuolders of record on
and after Nov. a.
The directors submit a report of the company's business
for the fiscal year ended Oct. 13, 1885, as follows

r«utal»

C*<>ln|iiil)V.

t
said uoiaiuuit aiixk

»3,284,900

Iron Stoamboat Company.—This company has

From

'

oonnMttDg truck... 9I,93fl,A98

Fli'Ht ini»rttfii;i<'
I'li-t

495

$3,337,898

THE CHRONICLE.

496

Norfolk & Western.— The gross and net earnings for
and for nine months from January 1 were as follows:
Sepleniher.

,

18S5.

Gro8« can.inxs
Expeusee, incl. taxes..

$154,-^9)

to Sept. 30.

1,213,53J
1,541

$807,813

$1,<,)65,075

*2J"."lo
137,'i07
115.114

$7.'5

Northern Central.— T'le earnings and expenses for Sept.
and from January 1, in 1884 and 1885, have been
^9 mos..Jan.l to Sept 30.—
Septcir.ber.
:

.

.

''*81.

1884.

18P5.

Gross caminsa
OpcyatingexpeDeea.

$->0»,7.53

$476,8:0

$3,•)6.^lil8

277.476

285, si7

_2^103,618

«i.9^t'I*2l
.5.%027

Net earnings..

$227,276

$191,493

$1,561,999

$1,529,981

1885V

2,.

far in
Nortlieru Pacific— The gr.).ss and net earnings thus
follows:
the fiscal years 1884-8.5 and 1885-86, by months, are as
Vc( Earnings,

Gross Earnings.
1884.
1885.
$I,02i,438
$1,000,011
1,032,«02
9^i-;j|?
'
1,33 i.5o0
1,224,955
.

.

July

August
September

1885.

1881.

$5t9.44t
503,708
692,059

$l9i,193
44:),997

6l«,449

$1,748,211 $'.,629 839
$3,291,600
Total 3 months. $3,196,255
Land sales since July 1, 1885, 139,423 acres; amount of sales,

including town lots, $.553,392.
,,
„,
,
^ ,
This company has made application to the Stock Exchanges
listing
for
of $30,Philadelphia
the
and
Boston
York,
New
of
000,000 second mortgage bonds. These bonds have been in
existence for about two years, and the interest has been reguThey are held chiefly by a
larly paid to the owners of them.
syndicate, which took $18,000,C0D originally, and is reported
Of the other
to have sold about one-third of them in Europe.
13,000,000, $1,100,000 is he'd in the treasury of the Northern
Pacific Company for the purpose of constructing the tunnel
on the Cascade division, and the balance is in the hands of
the friends of the company.

Ogdensbnrg & Lake Champlain.—The Boston

.ffera7d of
consolidated 6s sold at 8o@85i^ this
morning, and at 90@95 this afternron, with reaction to 94^,^.
The stock was lOi^ bid, 11 asked, this forenoon, and 13 with
The rise was on the sale by the company
sales thi.^ afternoon.
Co. of between $600,000 and
through Messrs. Pott -r, Lovell
$700,000 <_>f the consolidated 6 per ent treasury bonds, eiiough
to retire the floating debt at raatuiity and leave a cash balance. This debt was mainly contracted in laying steel track,
and was carried at a less price than the interest on the bonds.
floating delit, however, is often looked upon as a sort of
menace, and its payment is hailed with pleasure by securityWith the floating debt out of the way, with the net
liolders.
earnmgs for the first five months of the fiscal year sh( wing an
average improvement of $20,000 per month, and with one or
two lines looking toward the property with covetous eyes, the
security-holders congratulate themselvi 8 and look for higher
prices. The price received for the block of bonds is understood to have been about 90. In late dealings Ogdensburg 6s
rose to 96 and the stock to 15."

Oct. 24 reports

"The

:

LINES WEST OF PITTSUOKO A ERIK.
Ntt Surplus over all Liabiliilts.

S.'pt.

18SI.
$1,930,744
1.122,901

1885.

*2(i7.37.';

$130,308

Nctc»rnini!»

^9 mos.,Jan.\

.

1881.

&

<

A

[Vol. XLI.

1885.
Jan.l toJuneSD.. Def. $j8(i,008
127.657
July
Dfif.
173,669
August
Dcf.

September

Def.

1884.
Def. $724,490

Dsc. $161,518
Dec. 131,803
Dec. 192, 'i23
Dec. 1.53,419

3.1H4
18.954
52,845

100.01

Def. $649,523
TotalQmos ....Def.$i,287,'>18
Dec. $033,395
Philadelphia & Beading.— The result of the joint operations of the Philadelphia & Reading Railroad and Coal & Iron
Company in the month of September (including Central of
New Jersey Railroad, leased), was an increase of $103,543 in
gross earnings and a decrease of $76,.500 in net, compared
with September, 1884. For ten months from December 1 there
was a decrease in gross earnings of 12,925,148 and a decrease
in net of $1,230,049 compared with 1883-81.
,

Dee.

1

to

May

June
July

Gross Receipts.
1883-84.
1834-85.

31. $18,9x8.320
3,748,389
4,005,882

August
September

4,35'*,638

4,554,602

Net Receipts.
1884-85.
1883-84.

.

$21,418,560
3.232,121
4,201,475
5.247,755
4,451,050

$4,56S,645
863.865
1,123,747

.

$5,072,391
870,411
1,264.406
1,928,879
1,302,152

1,436.401
1, 225,652

$38,580,970

$ ),218,310 $10,438,359
The latest account of the proceedings looking to reorgani
zation is given by the Philadephia North American of Oct. 30
Tlie B lard of Rcorj^anization Trustees of the Philadelphia & Beading Railroad have ne<rly completed their labors in forming a plan for
the vcliiaiilitalion of the company. * *
Total 10 mo3... $35,655,831

—

'

Wliile the details of thisplan are not yet aoce.<:sil)!e to Ihe public, the

most important features were made known yesterday. Thes'ockis to
be assessed, as everybody knew it woubi be. The extent of the ass 'ssment will not be decided upon until to-morrow's [Sat inlay's) raeetinz.
as the trustees are divided in opinicm on this point. Some favor an
assessment of five dollars a share, and others one of ten, while there are
yet others who are disposed to split the difl'erence and make it seven
and one-half. As Ee.iding is what is railed a half siock," tlie par
•'

value being tifty in^read of one hundred, these propo..jed a^tsesemeiits
would bo at the rate of 10, 15 and 20 per rent respetaively. A '20 per
cent assessment on the stock would realize about $7,000,000 of new
capital.

The general mortgage bonds will remiin on the present basis of
six per cent. It was at fii st intended to reduce tliem to a fourper-eent basis, but as the general mortgage bondholders held the whiphand in the reorganization of the company, and threatened to take
matters into their own hands unless tliey were well treated, it was
decided to leave them undisturbed Tli« back coupons of the general
mortiiage bonds will be converted into a new loau bearing interest at
the rate of fiuir per cent per annum.
All thejunior b(mds or those coming after the general mortgage, will
be scaled In sueb a way as to bring ilie company's obligations within
Hero. too. there ate some details to be lompleted at
its income.
interest

—

tii-niorrow's meeting. The salari s of all otheial.s will becnt down. As
these have been ia soniecases excessive, a considerable saving will be
effected in this way. The policy regarding the leased lines is to treat
them strictly on the ba«is of their earnings, and the intention is to keep
the whole system intact.
This plan, of wliich the above outlines are all that is yet known outside of the Board of Trustees, will bring the Reading's oblistations within
net earnings of $1 1,000,000. As the company has already earned between nine and ten millions this year, and bas yet two prosperous
months before it, this estimate is a very fair nne. I' is understood that
Mr. Vanderbilt's consent to an aeseasment on the stock held by him was
secured some tim"* ago.
The trustees state that tills plan of rcoiganization will be amicable it

assented to by

—

the par.ies concerned.
sold under

all

the plan

If

not accepted

is

forechisure under the general income and
the road will be
Ohio Central (River Division). The Committee of Reor- (onsolidiited (1882) mortgages, the papers, with the consent of the
ganization, having purchased the'property, give notice that all necessary proportion cf bondholders, being already in the possession of
holders of stock or bonds who desire to share in the benefits the trustees, as previou.sly reported. The plan will probably be placed
next week for signatures.
of such purchase and reorganization proposed by such com- on Third Street
Rochester & Pittsbnrg. Articles of incorporation have
mittee, must deposit their stock or bonds with the Central
Trust Company, and pay the assessments now due thereon, on been filed in New York and Pennsylvania, and a new com.
or before the 10th day of November, 1885. No bonds or stock pany — the "Buffalo Rochester & Pittsburg" has been organized, with $6,000,000 of preferred and $6,000,000 of common
will be received after that date.

—

—

Oil Creek -Buffalo New York & Philadelphia.— In Philadelphia, October 27, a committee of the first mortgage bondholders of the Oil Creek Railroad Company issued a notice
stating that, as the interest on those bonds bad been defaulted,
active measures would be taken to collect the same or obtain
possession of the road by foreclosure.

Oregon Railway & Navigation.— Notice is published tliat
the principal and interest of the issue of scrip maturing Nov.
1, 1885, and also, under the option of this company to redeem
the same on any coupon day, the principal and interest of the
issue of scrip maturing Nov. 1, 1886, will be paid on presentation of the scrip certificates at the office of the Farm?rs'
Loan & Trust Company, New York, Saturday, Oct. 31, 1885,
and interest will cease on Nov. 1.
Pennsylvania Railroad.— The gross and net earnings in
September, and for nine months, are specially compiled for
the Chronicle in the tables below. In September, 1885, there
was a decreise of $182,243 in gross earnings and an increase
of $4,656 in net, and for the nine months a decrease of
$3,161,468 in gross and $2,331,289 in net, compared with 1884.
Or. the lines west of Pittsburg the net returns show a decrease
of $153,449 in September, 1885, compared with September 1884,
and a decrease of $638,395 for the nine months in 1885.
LINES EAST OF PrTTSBnRa AND ERIE.
Orosi Earnings.
yet Earnings.
s
.

1885.
Jan. 1 to June 30. $21,319,593
July
3,685,105
Aueust
3,956,308
September
4,276,628

.

1884.
$23,333,249*
3,989.'H5
4,617,894
4,458, -(71

188.5.

16,519,859
1,160,049
1,619,012
1,892,051

1884.
$8,112,242
1,391,116
2,151,507
1,887,395

TotalSmos.... $33,237,632 $36,399,099 $11,220,971 $13,542,260
As to the lines west of Pittsburg and Erie, the monthly
reports issued in 1884 and for the current year show the results
below. The company's returns, however, state a loss for the
'" *^® present year, compared with the year
?sS2 "i^jP"'^

common stock of the
that portion of the road in Pennsylvania
which will be consolidated with the B. R.
P.
It is stated
that the present first mortgage bonds will remain unchanged.
The present Rochester & Pittsburg stockholders will get one
share of new common for four shares of present stock. The
preferred stock has been subscribed for at par, and will be
used to pay off the second mortgage bonds and the floating
debt, after which the company will have $600,000 left in the
treasury. The directors are Adrian Iselin, Adrian Iselin, Jr.,
Walston H. Brown, Alfred Roosevelt, Frederick D. Tappan,
F. O. French, August Richard, Frederick A. Brown, John G.
Nazen, W. H. Peckham, of New York; Geo. W. Parsons, Tarrytown; J. H. Hocart, Brooklyn; Alex. H. Stevens, Lawrence,
Southern Pacific Company.— The following is a comparative statement of the earnings and expenses of the Southern
Pacific Company (whole system. 4,585 miles) for the month
of August and for the two months to August 31.
- August.2mofi., Jnlyd-Aug.

stock, the latter including $1,200,000

company representing

&

/

1885.

—

—

$2,640,492
QroBS earnings
I.l9e,132
Operating expenses.

1884.
^2,826,667
1,470.289

$,5,126,987

2,312,576

$5,284,014
2,829,109

Earns, over op. exp.. $1,444,359
139,816
Rents for leas'd prop.

$1,356,378

2,784,413

$2,451,905

.

.

Earns. overexp.A

r'ls

rent'l from A &
P.BR, for MojaveD

$1,304,543

Add

36.555

1884.

188.'.

28S,320
$i.496,093
71,711

Total net earn'ngs... $1,340,893
$2, .o-<,50l
Less monthly proportion of the following fixed iharges
•Int. * sink, funds...
$794,612
$l,58>',<)()7
135,200
Taxes and gen. exp.
315,621
lOO.OOO
Guar, on C. P. stock.
200,000
41.700
*U. 8. Gov. ekgfund.
83,367
:

Total

Net
*

profit

Estimated.

.

.

$1,071,512

$2,187,058

$269,386

$381,716

October

THE CHRONICLE.

31. 1885.]

I'he (ll/ammcrcuii

497
CO T T

i^'itijes.

COMMERCIAL EPITOME.
Friday Niqht,

Oot. 80, 1888.

Except 80 far as tradu may be atlected by a higher temperature throughout the country, there ia no new feature to
businesa alTairg. The siuiation cuntiiiuee to he fairly Batisfaotory. The low prices of the utaples of agriculture admoniih

«»

N

Friday. P. M.. October 80, 16M.
Tub MovRMKitT or thb Chop. •« IndloMcd tnrour t4itf«r»fM
from the South to-night, is Kiven below. For th<*
line
this evening (Oct. 30), the total reoelpta hnve r<'ij3
bales, against 361.701 hale* laat week. 391,491 halea inr prwioua
'-

>

week and

193, 107 bales three weekii tlniM; making the total
receipt* since the lit of September, 1883, l,:i8M,4.53 bdes, anhart
1,489,830 bales for the name period of
188^1. showliiK a
decrease since September 1. 18a5, of 47,377 bales.

manufacturers not to expect too much, and there is lictle to
Bteeipttat—
jr»ii.
*«.
Tuu.
ir«ii.
Tkurt.
IMM.
encourage speculation in any class of goodn.
I'o maintain a
Qalvsston
7,170 15,178! 4,'Z09 9,379 0.373 4J79 46^6«7
moderately remunerative trade ia all that is looked forward to
Indlaiiuia, Ao.
...
....
....|
....
with any decree of confidence. There is, however, a diB|)o- Nbw Orlwiu... 10.687 16,448 20,284 10,136 13,157' 8,fl.'.5 79.321
1,914 2,A10
1,154
1.924
1,.1<;7
1,749
10,418
sition to hold nearly all o\ir st.iples at figures that retard Mobile
Plorlda
...1
1.6t8
1,«48
exports. The annual elections will take place in many States Savannah
4.877 11,792 7,175 6.548 8,735' 4,771 41,aP8
next week, but th>> canvass has excited little interest, and has
Brunaw'k, Ao.
.—
...
1.579
1,579
tniarleston
not been any sei ious obstaclt" to ihe progress of businedJ.
5,781
6,130 4,^00 6,043 4.308 4,584 31,386
Pt. Koyal, Ao.
...
..
...
210
219
Lard futures have been quite aciive for speculation throughWilmington
717 1,477 1,165 1,121
841
767
8,813
out the week, the low prices attr.cting buyert", y.!t tinder free
Uoreh'd C.,Ao
...
2oa
908
offerings prices have bten weak, and the latest bids are at Norfolk
3,882 7,296 4,13} 6,248 8.9>8 .V311
6*15c. for November, 6'16o. for December, 6'23i.'. for January,
We«tPolnt,4o
..1 15.0071
15,007
Hew York
42
167
373
....
248
56
926
6*30c. for FebiUKry and 6 87c. for March. Spot lard has been
Boston
...
more active hut weak, and closes at 6 0.5(§6'10c. for prime
Baltlmorn
....
987
987
city and 6n>{@8-23J^c. for prime Western. ReBned for the
PUladelp'a, Ac.
76
105
40
103
127
195
6«6
Continent is quoied at 6'50e. Pork has been steady, closing
Totals this week ?5.2»1 60.968 43.243 41,338 37.44"! 41). 793 268,023
at |d 75@|;10 tor mess and |12(a$12 50 for clear.
Cut meats
For comparison, we give the following table showing the week 's
have been quieter, and pickled hams are luwer at 8i^@8;!^c.,
total receipts, the total since Sept. 1, 1885, and the stock to-nighi
pickled bellies 5;'';^'a6>^o., and shoulders 4J^@4^3C. Smoked and the same items for the oorreaponding perioda of laat yeaf
meats ate quoteil at 5J^c. for shoulders and 10c. for hams.
1885.
1884.
moeh.
Beef unchanged. Beef haras 11.5 25@| 15 .W per bbl. Tallow
ReeeipU tu
Since Sep.
ThU Since 9^.
Oct.
SO.
lower at 5c. Butter is firmer at 20@39o. for creamery.
1889.
1884.
Week.
Week.
1, 1885.
1, 1884.
Cheese eai-ier at 7@10}^c. for State factory. The number of
Galveston ... 46,687 257..'i05 32,444 205,941
93,475
74,993
swine slaughtered at the principal Western towns from March
Ina'uola,&a|
161
781
6,694
8 to October 21 amounted to 4,375,000, agtinst 3,7t*0,000 in the .Sew Orleans. 7l),321 321,303 85,164 328,726 147,360 198,561
corre.sponding period last season. The following is a com- MobUe
10.818
1!>,577 11,799
57,012
17,918
8,851
3,0Gk
1,618
3,207
2
13,558
parative summary of aggregate exports from October 27 to Florida
Savannah
41,893
295.498 49,2 lu 307,14ti
92,623 108,157
October 24
1

1

1

I

:

1884-8^.

Br'sw'k.&o

1,570

t.'barluston...

31,356

Pt. Koyal, Ac

219

1883-84.

Pork
lbs. 51.981,000
36,70.i,OO0
Inc.
15,2S'Ji{tOO
Bacon
lbs. 413,575,045
333,218.386
Inc. 100,3'B,B5'J
Lard
108.292.225,103
Inc. 74,982,-.:07
217,242,893
Coffee on the ppot has been drooping, and at the close the
quotation for fair cargoes Rio is reduced to 8?jC. Options have
been declining for several days, and at the close bids are re-

5,512
192.767

5,317

298
30.f53
15.007

127,778
71,17S

32,652
16,954

926

1,944

863

.5,818

M'headCAc
W.Folnt.Ao.
Vork..

4,910

220,357
796
41,313

296

1,964
43,77
1.253

Vlluiington
.Norfolk

748

34,073

Sew

467

77,602

2,011
148.25('
74,.'540

I,73«
16,733

11,626

100,407
2C0
21,113

23,441

92356

327

164
108,369

76,508
duced to 6'80c. for November, 6'90c. for January, 7'05c. for
Boston
494
2,760
6.310
6,310{
March and 7'20c. for May.
Mild coffees are dull. Riw Baltimore
987
250
889
1,819
28,876
11,010|
sugars sold very freely early in the week, hue latterly have Pbtladel'a.Ac
coa
839
5,211
2,232
3,9s0
4.437
been dull and nearly nominal at !>%@5 7-16c. for fair to good
Total
269.0231 1, 38(<,4'.3 277,47011,435.830
596,227' 678 838
refining.
Refined sugars have been dull at 6^g@7c. for hards.
In order that comparison may be made with other years, w«
Molasses sold to a fair extent; some of the new crop from give below the totals at leading ports for six aetisons.
New Orleans begins to arrive. Teas have brought fair price3
. .

at auction, but speculation in them ia dull.
Kentucky tobacco continues to sell rather slowly. The
business of the week is only 300 hhds., of which half for
export; hut prices are quite steady, ran^^ing from 6)^c. to
ll^c. Seed leaf has f)een much more active, a lar^e line of
188J crop being added to the regular transactiono. Sde^ for
the week are 3,630 cases as follows: 300 cases 1881 crop, Pennsylvania, 6^@ He; 400 cases 1883 crop, Pennsylvania, private
terms; 1,300 cases 1883 crop, Pennsylvania, 9@ l2o.; 400 cases
1884 crop, Pennsylvania. 4^@llc. 400 cases 18&4 crop, P-jnasylvania Havana seed, 4^@l.>c.; 300 cases 1881 crop, litile
Dutch, llc(«13c; 200 oases 1884 crop, Wisconsin Hivatia, 16(3)
20c.; 1.50 cases 1884 crop. New England Havana, 14@35o.; 100
cases 1884 crop. State Havand, private terms., and 100 cases
1881 crop. New England, 17ra30c. also 3.50 bales Havana,
60j@|1 10, and 200 bales Sumatra, $1 30@|1 60.
The speculation in crude petroleum certificates has continued quite active, but at variable and unsettled prices, the
buoyancy of the previous week being quite wantinjr, and the
close is at |1 10l^@|l 10)^; crude in bbls. quoted at lH@1Ji<^-i
refined in bbls. »f^c. and incases OJ^caiOJaC; naphtna, l<4c.
The speculation in i-pirits turpentine has been active at 30c.
for November and 36J^c. for December, but th'? close is quiet.
Common to good strained rosins are still quoted at |1 02>^(a
f I 15, hut the finer grades do not maintain a late advance.
The speculation in pig iron certificates gains strenirth with
the advance of steel rails to f 33, and they close at ;j;10 75j;or
ftiture delivery.
Tin brisk and firmer, spot closing iO*^®
20-40C., futures 20@ 2005c.
Ten tons January sold at 20-0.")(;.
Tin plate dull at |4 40@$450. Copper barely steady at 10':^
@10 95c.; Like, 9t^c. bid for Balto, O'^^c. for Orford. Lead
steady, closing with an apwaid tendency at 4'05@l'^c. for
domestic; 10 tons domestic Oct. sold at 410c. Spelter quiet
at 4'y>a4-45o. for domestic, 4-6034-85o. for foreign.
Ocean freights showed some decline in grain rates under
the check to shipments by specuUtion, but at the cloae show
a brL«k revival, with corn taken to-day at 2J^d. t.i Liverpool
and 2}4d. to London. Petroleum charters are quieter, but 2s.
9d. paid for refined to Stettin.
;

;

Hoceipte

at—

,

1885.

|

Ao
WUiu'gfn.Ao

.Vorfolk, Ao..
411

others...

Tut. this w'k.

1882.

1881.

1880.

30,075
56.349
17,920
42,293
28,000
8,699
61,103
12,132

17,123
58,921
12,121
36,634
33,231
10,914
39.936
16,402

20,346
66,046
19,535
41.167
31,209
9.151
45,765
6.539

256.623

225,285

251,768

6,116

5,78ll

49,606
8,687

263.023; 277,470

241,921

79,3211
10,8181
4].»93|
31,5751

Uliarl'st'D.

1883.

32.305
8S.I6i
11,759
49,216
34.369

45,862J
5.7161

46,637

»nw

OileauB.
Mobile ..
iSavannali

1884.

29,166
66.210
15,837
11.637
24,112
7,726
92,841
3,079

Oalve<«t'n,Aa.

1388.1.«3 1435.830 1165.9U7 1423,666 1424.046 1642,064
dalvesiun Incluilos Indlaiiola; Charleston Inolades Port Boyal. Ac.
WllinlUKtoii Includes Morchcad City, Ac; Norfolk Includes Wi-st Polnt.Ao'

aince Sept.

1.

The exports for the week ending this evening reach a tota I
of 102,955 bales, of which 74,820 were to Great Britain, 18,266
to France and 69,869 to the rest of the Continent, while the
Stocks as made up this evening are now 596,227 bales.
Below
are the exports for the week and since September 1, 1885.
tVak finding

Oct. 30.

OonUOreat
Bra'n. rratue nent.
lalveston
Orleani..
Mobil*

Sew

r*vn

Stpt.

Bxporttd ta-

Bxpovtt

SO,WU

S.IOO

19,»0O

3,515

10.403

8.024

23,000
11,010
10.100
17.1*)
14.875
l.TSl

8S.0S4
IM.OIS
17.035
41,130
S1.31M
1«,«0S

2,630

3.835

17.181

800

9,SS8

tSHS. to Oct. 30. 1883.

Ortat
Wtek. Oitain. trance

4,654
Sl,14«

15.410

22,801

1,

Bxported tu-

52,186

46,754
•J»338

OmuniU.

ntoL

4,147
S0,»S7

51.537

71.506
ic«,aa9

8.100

(»,»3

loejm

18,101

8B.S-3

mjMt

0,100

20,801

riortda.

jATannata
Clurleston*...
WllmlnKton...
.Sorfolkt

H»m York
BoMon
Baltimore... .
Pblladelp'mfto

S,860
17,I»)
7,SJ8
I.

400

878,4«4

«8751

247.3.18

t70,754

47.?03

410.W13

2S.15^

iSe.nRi

e3'».l«9

3.18S
1,711

...

74.SiO

ToUl

IMM...

7i.I0B

V

9,01s

18.8M 66.M9 1««.«B5

1,115

WW

Total

*

I.MI

2S.7a5
4S,4S0
187.397
18,'mj
20.704
S.413

4,900

8.9ftl'

I«..'SI12

ezpnn« from Port Royal, fto.
iDolndM exports from Wwt Voiau itc.
Inotades

0.3W

Mas

S4.8S5

2M
8.360

THE CHRONICLK

498

In addition to above exports, our telegrams to-night also give
ns 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
Lambert, 89 Broad Street,

[Vou XLI.

The Sales and Pkicks of Futueks are shown by the foUowcomprehensive table. In the statement will be found the
daily market, the prices of sales for each month each day, and
the closing bids, in addition to the daily and total sales.

ine:

&

On Shipboard,
Oct. 30,

AT—

not cleared—for

ottl.g'

Leaving
Other
Oreal
France. Foreign
Britain.

Ooaet-

Stock.

Total.

Kise.

f3E.g
eg-"

0- e.

2,000

None.
None.

24,331

65,763

17,644

197,844

398,383

124,464 31,654
94,790 22,333

52,131
57,332

18,631
17,665

226,880
192,120

451,953
570,427

MobUe
Cliarleston

Bavannah
Oalreston
Norfolk

New

..

York

Other ports
Total 1885.
Total 1884
Total 1883

84.335
13,398
57.202
53.S23
48,018
18,729
99,459
23,419

63,925
4,550
20,400
38,600
47,457
4,712
8.900
10,000

New Orleans

18,105
4.550
4,500
12,200
85,221
1,180
6,000
8,000

21,797
None.
None.
None.
2,384
None.

90,050

2,499

20.324
None.
13,400
24,100
3,239
None.
2,700

200
None.

None.
2,500
2,500
6,613
3,532

Oct.

30.

Ordln'y.^ft 7'a
BtrlctOrd..
Good Ord..
8>ll6
Btr. G'd Ord 9i8
U)w Midd'g 97,6
Btr.L'w Mid 9li,6 968
MlddlinK... 913, 9%
Good Mid.. 101,6 10
Btr. G'd Mid 1066 IOI4
Midd'g Fair 1011,6 10»e
Fair
115,6 ll"*

7=8
81,6
?78

76h

'77^

17^
9I4
9=8
9»e

968
9'8

9%

10>4
lOij
lO'e

11>4

114

Wed Tb.

FrI.

I

^>
913,6

9=8
978

91*16
916,6 .^i^l" 10
103,i 103,8 IOI4
107,6 107,6 lOij
101^,6 1013,6 lO's
117,6 117,J im>

10

10
10>4
1008

9M

Wed

Tb. Frl. iWed Tb.

w

OtOD

-J

toto

5
2

if'-p'

Good Ord
Btr.

G'd Ord

liow Midd'g
Btr.L'w Mid
Middling...
Good »Hd..
BtT.<i'dMld
Midd'g Fair
Fair

798

7k

7>4

79,6
8

77,8
79,8
778
779
8
813„l 811,6 8U,6
868
81a
8«s
9I6
9
816,6 Sl'i* 93,
9% 93,6
9J4
914
96,6
97,6
97,6
9>a
9>«
99,6
9>a
9\ 911,8 9l!,6 9%
96,
91*1.
968
978
913,6 913,6 976
91»,8 916,6 916,6 1018
10% lOls 10%
103,6 103,6 103,6 1038
1038
1038
1038
10»,6 10»18 109,6 10% ,10%
10% 10%
113,6 'I13ie 113)6 11% '1138
1138
1138
713],

STAINED.
Good Ordinary.
9trlot Good Ordinary

Sat.

fUb.
...

liOW Middling
Middling

73,,

I

I

SI

tceo

§

..

.

rf^gj

^ <e»

rf^,^

2

«?•
to

913,

tc<o

868

9^«l

86g
9"4

Oi":
(oeDo=o
o« o»

®

cocx

I

9%

I

jmrt.

Bat.. Easier

Mon Kasy
.

at 1,6 dec..

Tnes. Dull and easier..
Wed. Quifit at i|6 dec.
Thurs C^iiietatrev. quo.

FH.

.

(iuiet

XotaL

The daUy

dellTerles given

lump

ul't'n

tit.

coco

©0:

COO'S

ddodi
H*c;^
w

tow

^

toco

COCO

5

^ic;i

2

O*to^
Sec:

05

2

•CO

cc-

^§

CO

5
2

COCO
Gb-4

ij

or:

IJ

2
**

I

I

COCDotO

CDCOoCO
ccobOcc

CDtO

CO

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00
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toco
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10 to

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to too'-?

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00 00

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GOOD
I

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cdcdSo totOQCD

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cDeo

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toco

dOoi cjdooi

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coto
I

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66
coco
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^

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ODO to
to

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OOoO 00
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6606
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99 -5 99
< 99
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a, to

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:

oooo COO'S OCoO MMojM
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COM CO C005 CO 05 gi ^3 O'Oi
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99

00

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toto
MO

toto

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90 !J 90 1? 99 <
coco
toto
toto
2
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2
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9
Or ^
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9909
MKjOA totoOto 9909
totoOio to to O to
XO CO co^ to OitO
M
MM ^
1

I

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Frl.

CO

«:
7»9
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:

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99
coco

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I

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coo?
I

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or:

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tocoOto tocoOco
Xm
CO
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I

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s

Includes sales In September, 1885, for September, 130,200.

ly* We have

,

-total.

Salet.

112
276
273
293
267
282

37,700
276 81.400
273 124.300
292|I80,s00
267| 112,100
282,134,400

1,502

1,502 598,700

above are

X
^

M

M

wo»

I

or;

com

CO

9%

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

en lb

<
O

«0»oC0

I

cJ,

"

«r'

coto

I

UABKBT AND BALES.

BALES OF SPOT AND TRA»8rr.
Ex- Con- Spec- Tran- _ ,

2

2

8.1-:

*.®:

Ot3

2
w-to"
OWtO^

811,6

1138

do

>
toot)

01 Or

coeo

*-ic

5

t6tO

CO

C1CO09

I

97,8
911,8

1138

768

*^

OS

o-.*-to''

Frt.

10%

7%
9^8

A

"*

10%

S?i«

CDEO
.
oarfs.

Oi

5
2

wui

878
9I4
9»,6
913,6
916,6
103,6
107,6
1013,6
117,6

.S!'i«
1018
10=8

IJ

CDCoCO

n

00(5

7»8

1>
779

<0<0

000

tfr

CD«
I

CD"

1019
1038

nionTaes W^ed Tb.
7ie
7%

778

9»I8

778
811,6
9i«
97,6
9ll,«

^

CD

I

M oo

I

Ordln'T.sii
BtrlctOrd

ill
cs»

^

wo:

mon Tnea
708
81,6
878
9'4
99,8
913,6
916,6
103,6
107,6
1013,6
117,6

M

0501

cs

5D<Oo9 (DCDqCO

TEXAS.

nion Taea Sat.

Sat.

|-l

I

—

NEW ORLEANS.

05W

"egg

;

UPLANDS.
Sat. Mon Tnes

<5

o

;

—

®

«?''5S

dling uplands and grades above were unchanged; middling
to strict good ordinary were reduced 1-1 6c. good ordinary
and grades below reduced i^c. middling stained reduced
l-16c.; other grades of stained reduced %c.
To-day the market is nearly nominal at ^%c. for middling uplands.
The total sales for forward delivery for the week are 598,700
For immediate delivery the total sales foot up this week
bales.
1,502 bales, including
for' export, 1,502 for consumption,
for speculation and
in transit. Of the above,
bales
were to arrive. The following are the official quotations for
each day of the past week.

—

3s- s,

I

CO

<S<0

Under these influences the lowest figures
yesterday were 30@35 points below recent highest figures.
There was some recovery in the latest dealings yesterday,
ascribed to bad picking weather and a consequent demand to
cover contracts. The exports have been more active, keeping
stocks down at Southern outports. To-day there was a further decline, in which the lowest figures of the season were
made, followed by a slight and not well sustained recovery.
The increased stocks at interior towns attracted attention.
Cotton on the spot has been dull and drooping. Even the
spinning demand has been small. Quotations were reduced
Yesterday midl-16c. on Monday and again on Wednesday.

g^O

p.?

44

There has been an important decline in prices of cotton for
Foreign
future delivery at this market the past week.
advices have been very unfavorable, trade and values at Manchester having apparently become much demoralized, receipts
at the ports have increased and the speculators on our Cotton
Exchange lost confidence, not only ceasing to buy but selling
recent purchases.

0.E0

erie*.

112
!

actually delivered
pvevloua to tliat on wbloa they are reported.

Included In the above table, and shall continue eaok
week to (five, the averaee price of futures each day for each month. It
wUl he found under each dav foUowluK the abbreviation " Aver." The
average for each month for the week is also (riven at bottom of table.
Transferable Orders—flaturday, 9H5c.; Monday, H-70O.: Tuesday,
9-50,!.; Wednesday, 9-30o.; Thursday, October, 9-6oc.: November, 9'46o.;
Friday, 9-40o.

900
20(1

300
l,4CO

the day

The following exchanges have been made during the week;
11 pd. to exoh. 100 May for June. •20 pd. to exch. 200 Nov. for Feb.
22 pd. to exch. 500 Nov. for Feb.
•02 pd. to exch. 100 Nov. for Deo.

•23 pd. to
•11 pd. to
•11 nd. to
•11 pd. to

exch. 200 Jan. for Mch.
exch. 200 Jan. tor Feb.
exch. 1, 100 Oct. for Feb.
exch. 400 Jan. for Feb.

•11 pd. to exch.
•42 pd. to exch.

200 Jan. for Feb.
200 Deo. for April
100 April Tor May.
pd. to exch. 100 Nov. for Feb.

•11 pd. to exch.

•23

OCTOUEK

THE (CHRONICLE.

81, 1885.J

Tbk Vibiblb HnFFLT or Cotton to-Dight, aa aiade up by oaolc
ftnd teleKrnph, is as follown. The Continental nocka. as wt>II a*
thmv for (iri'iit Uritain aiul the afloat, are thia wf!4>k'H ritliirni-,
and conBO(|iifntly all the Europear flKurea are brouKht <l<>wr

to

But

Thunulay evening'

the United

Statefa,

including in

Btook at Uv»r|H>ol
Btook at Lumlou

bale*.

Total Great Britain atook
Btook at Uambarg
Btook at Bremen
Btook at Amnrrrrtam
atoflk ut Kiittorihun
Btook at Autwrrii

BtookatHuvro
Btook
Btook
Btook
Btook

make
we add

to

fierce for to-iiight (Oct. 30),

at MarHollleB

at Baroeloua
at Ueuoa
at Trieste

it

the totals the coinulelt
the item of exiKirtw trca
the exports of Friday only.

188ft.

1884.

1883.

Snit.OOO

46.^,000

43:1.000

4)IU,0U0

23,000

60,000

43,000

7&,400

388.000
3,S00
32,700
25,000

52ft,000

400

900

1,800
03,000
3,000

1,700
148,000
6,000
33,000
8,000
12,000

3(i,000

8,000
8,000

3,!00
30,800
33,000

same towiu have been U,iM balei ny^r* than the _
week last year, and nince September 1 the reoeiptii at all the
towns are 128.81 1 biUm rnore than for the •ame tlm^* in i*iHi»

the

QUOTATIOJfS FOR MlDDLI!«0 CJOTTOIf AT OTHKE MaKKKTH.—
(n the table below we i^ve the oloeioK quotaiiotui of middlinff
cotton at Southern and other prindpai oofefeoa markete for eacE

day of the paet week.

1MS2.
Oetobir 30.

476,000
3,200
86,300
33,000

537.400

l„^00
5,100

UOO

Savannah

aoti

Charleston

108,000
7,000
32,000
8,000
10,000

112,00*.

3,n0i

20,300
7.HO0

2.500
27,000
9,300
4,700

210,400

243,000

272,400

197,100

Oalveaton

598,400
27.000
440,000
20.000
596.227
174.878
33,949

Aiiier'u cott*n atloul for Kiir l«e
p€
EKyi>t,Briizll..Vo.,allt(ur U'r'iie
Stock lu United States porta ..
Stock in U. B. Interior towns..

Untied States exports to-day..

797,400
48,000
337,000
35,000
678.833
135.991
30,100

719,000
102,000
381,000
43,000
702,547
238,223
18,000

244,000
120.000
440.000

Aoicrieuii atloat for Europe...
nnlte<l StatKB utock
Doited Slates Interior stocks..

.590.227

174,878
33,949

United States exports to-day..
Total American
Xatt Inttian. Brant, <te.—

1

Continental stocks
India afloat for F:urope
Egypt, BrazU, Ac, afloat
(Sto

121.000
23,000
84.400
27,000
20.000

207,000
60.000
160,400

145,60.^
33,til9

183,001
71.00C
399.IK)0

578919

238,2,13

14.5,30.i

18,000

38,619

279,00*.

35,000

275,400

510.400

499,000

622..50U

75,401
12-^,100

127,00c
15,000

1,621.054 1,551,824 1,7«4,770 1,416.073

TotalAmertoan

ntttrt.

9H
9H

9>«

Orleans.
Mobile
.

9<«

.
.

Wilmington

.

9

e>s»'i«

Memphis

....

9%

r*

0>«

9>..,^

»
.?••

10

10

Louis

S"
8>»is

8'»is

Norfolk
PhUiulelplila.

9>,.

9

..

Boston
Baltimore

IS

0%

9'fl

9>«
ini«

91*
10>«

8i'«
9i«
9»T«

9>»

0>t

10

9>8

10

iS**

81* t*9
9's
9<«

9

#H.

8l»i.

99

8lfti*«9

»•

?.'•

«••

9>t

8....

»«

»14
ON
Receipts from the Puuttations.—The following table
indicates the actual movement each week from the plan>
Tlie figures do not include overhmd receipt* nor
tations.

207.000
43.000
104.000
102.000
43,000

4->,000

Widnu.

9»l«

Cinolnnatl...

1,621,054 1,551,824 1,764,770 1,416,073

Uverpool stock
londonstock

Total East Inala^

226,000
39,000
381,000
762.547

258,000
112,000
337.000
078.833
135,991
30,000

Tut*.

9>«
9>«
9>«

127,000
399.000
15,000
578,949

American —

bales

JTm.

e>4

. .

734.ft0«

TntoJ risible supply
1,896.154 2.062,221 2.283.770 2,.038,573
Of the aboTe, the totals of American and other desorlptlous are as follows;

Laverpoul stock
roDtlueutal stocks

aalur.

New

St.

Total Biiroi>ean stocks ....
India cotton ulluitt for Europe,

cuMiHo gooTATiom roB MDDUiia ooTfOM on—

Wttk ending

Augusta
I^tal Coutlnental stocks

495)

1,896,454 2,062.224 2,263,770 2.033.573
Total visible supply
6d.
5>«d.
57i^d,
PrtceMld.Upl., Liverpool....
63, ^d.
9=80.
O'go.
Price Mid. Upl., New York....
10»ihC.
10>sc.
GP~ The imports into Continental ports this week have been
10,100 bales.
The above figures indicate a decrease in the cotton in sight
to-night of 103,770 bales as compared with the same date of
1884, a decrease of 367,316 bales as compared with the corresponding date of 1883 and a decrease of 143,119 bales at
compared with 1882.

Louisville....

SilM%1

9«s
94s

9<>t

9H

Southern consumption; they are simply a statement of the
weekly movement from the plantations of that part of the crop
ivhich finally reaches the market througli the outports.
KECBtPTS FBOM PLAHTATIOIIS.

Wteh

RtcetpU at tke Port*.

Bmtnt—

1883.

8ept.«&
Oct. 2
"
8
" 16
••
88
•'
80

189.032

I

1884.

'Sett at Interior

1886.

1 18.468,

|

114,H78! 103,778

165.491 168.721 iso.aas'isijiaa
1112. 107
857,276 242,289 2.S1.491
252,845 2»5,1 12 281.704
'241.921 277.4'iO 268.028

1228.867 205.818|

—

1884.

ae.iBs
49.407

I

Ibwiw,

Bt^vUfrom PlatWnt.

1886.

1884.

USB.

imxi

5S,M2

105.681 1S0301
71.882ll07,21»182.0fl3 178,088
68,108, 88,78a|2fie,2;»228.»!M 210,010
82,654 118.132 28.5.381 2<16..HSB'280,e88

104,815
202,870
236,986 <.28.51l'l61.182'28e.861 321.068 308,754
276.7S4 ISe.OW aOS,307 2m.6tW 1104.017 318.148

—

The above statement stiows 1. That the total receipts from
the plantations since September 1, 1885, are 1,578,910 bales;
in Idai were 1,.574,673 bales; in 1883 were 1,093,485 bales.
2.
Tliat, altliough the receipts at the outports the past week
were ^68.023 bales, the actual movement from plantations was
313,148 bales, the balance going to increase the stocks at
the interior towns. Last year the receipts from the plantations
for the same week were 304,017 bales and for 1883 they were
231,669 bales.
Amount of Cotton in Sioht Oct. 30.— In the table below
we give the receipts from plantations in another form, and add
to them the net overland movement to Oct. 1, and also the
takings by Southern spinners to the same date, so as to give
BubetantisJly the amount of cottor now in .sight.

—

—

At the Intekior Towns the movement that is the receipts
for the week and since Sept. 1, the shipments for the week, and
the stocks to-night, and the same items for the corresponding
period of 1884 is set out in detail in the following statement.

1888.

1885.

1884.

1883.

1882.

Receipts at the iHtrts to Oct. 30 1.338,453 1,435.330 1.465,907 '.,423,686
Interior stocks ou Oi^t. 30 In
15S,607
190,157| lo3,843l 227,578
excess of September 1
Tot. receipts from planta'tns 1.57S.910 1,574,673 1,693.485 1,582,273
12,3H1
19,235
17,690
22,9101
Net overlanil to Oct'ibcr 1. ..
30.001^
28,000
29,0<>0
28.000
Southern consuuipt'n to Oct. 1

Total In sight October 30

C??!

:

OP

.

1,630.820 l,tfl5,061 1,742,720,1,627.953

Northern spinners' takings to
21^.642 223.968 317.0001 257,178
seen by the above that the Increase la am.iunt In sUIlt
to-DlKht, as compared with last year. Is 15,756 bales, the deoreasa
as coiiii>arcd with 1883 Is 111,900 bales ami the Increase over 1882 la
2,367 bales.

OctnhprSO
It will lie

^4^.

woo'— -^ Vow a.

(•©•^C^OJXO
QO

O

I--

w

-^ -^ 4b

W

^ on CO

c;*

torf*b«*kC;«iC!3^^otJ'a««w'r;i^a»o"'-i

cocsa>^c»o:**oxu>woaMt^io»-*QO©-^

ct.

A CO r^ « X C^ W CO © V< 10 U

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top'W«'-'Ci30otoeDOia©aoa#>'^©i^co

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to 1^ Tt- CO - -.D
cojD:0'-&c,'ia'^'2C<c»»oxQoc;>coco;oc:©
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it.CK*>©©tOiKo:o>co:0-j;jiQO^«-^co:D

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Wa

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co'ftk.

—

Weather Reports by Teleoraph. The weather has in
general been "quite favorable at tlie South during the week,
and good progress in gathering the crop has been the result.
The temperature has been low at some points, with killing
frost reported at Memphis and light frosts in other districts.
Oalveston, Texas. It has rained on one day of the week,
The thermometer has ranged
the rainfall reaching one inch.
from 51 to 78, averaging 67.
Indtanola, Texas.— We have had rain on one day of the
week, the rainfall reaching thirteen hundredths of an inch.
Picking is progressing finely. Average thermometer 06, liighest 79 and lowest 54.
Palestine, Texas.— It has raine<l on one day of the week,
the rain fall reaching forty-one hundredths of an inch, (iood
progress is being made with picking. The thermometer has
averaged 61, the highest being 74 and the lowest 39.
Huntsville, Texas.— We have had no rain all the week and
crop gathering goes on rapidly. The thermometer has averaged 62, ranging from 41 to 77.
t>: i_
,_
LuUng, Texas.—There has been no rain all the week. Pick
ranged
has
ing is making good progress. The thermometer
from 56 to 84, averaging O-'J.
Columbia, Te-vas.— It has rained on one day of the
the rainfall reaching forty-five hundredtlis of an mch. Peking is progressing finely. Average thermometer 64, highest
80 and lowest 43.
have had ram on one day of
Brenham, Texas.—
week, the rainfall reaching two hundredth s of an mch. The
thermometer has averaged 64, the highest being 82 and the

mw

^-^]-^a6':o-^oi^coos' ooD^Of'tf)—
AC?cos^-^co©oia^to: to«^9i-*©u«-^ito
toopo»t*ja:0tjtoccs5- ooa o» i*- © to os cc

© o y" :c to — ^
The above totals show that the old Interior stocks have
increoA^rZ during the week 43,012 halee, and are to-nitrht 38,887
bales more than at the same period last year, The receipts at

lowest 42.
Belton, rea:a«.— No rain
finely.
to 79.

all

the week, and picking goes on
64, ranging from 5

The thermometer has averaged

THE CHRONICLE.

500

[Vol. XLl.

India Cotton Movement prom all Ports.— The receipts
^eatherford, Texas.— 'ihere lias been no raia all the week.
Picking is making satisfactory progress. The thermometer and shipments of cotton at Bombay have been as follows for
the week and year, bringing the figures down to Oct. 29.
has rangtd from 88 to 76.
Dallas. Texas. It has rained on one day of the week, the
BOMBAY RECEIPTS AND SHIPMENTS FOB FODR YEARS.
of
an
inch.
Good
progress
hundredths
rainfall reaching five
Shipments since Jan. 1.
Shipments
this week.
Receipts.
Average
thermometer
crop.
the
gathering
is being made in
62, highest 79 and lowest 43.
Great
ConliThis
Since
Total
Britain nenl
Wtek.
Jan. 1.
New Orleans. Louisiana. It has rained on one day of the
week, the rainfall reaching sixteen hundredths of an inch. 1885 1,000
687,000 4,000 1,015,000
,000 220,000 4 67,000
The thermometer has averaged 65.
1884 2,000 6,000i 8.1 00 503,000 038,000 1.141,000 ."^,000 1 .572,000
3hr&tepcrt. Louisiana. Rainfall for the week thirty- 1883 3,000 10.000 13.000 4m, 000 816,000 1,277,000 11,000 1,6C3,000
eight hundredths of an irch. The thermometer has averaged 1882'lJ,000 3,000!l7,000i776,000 015,000 1,301,000 7.000, 1.651,000
58, the highest Deing 75 and the lowest 41.
According to the foregoing, Bombay appears to show an
Columbus, Mississippi. It has rained on two days of the decrease compared with last year in the week's receipts
of
week, the rainfall reaching fifty-six hundredths of an inch.
1,000 bales, and a decrease in shipments of 7,000 bales, and
Average thermometer 55, highest 68 and lowest 34.
the shipments since January 1 shew a decrease of 454,000 bales.
Leland, Mississippi. The weather has been quite cool on The
movement at Calcutta Madras and other India ports for
three days of the week, and we have had four light frosts.
the last reported week and since the 1st of January, for two
The thermometer has averaged 56*9, the highest being 76 and years, has
" Other ports" cover Ceylon,
been as follows.
the lowest 40.
Tuticorin. Kurrachee and Coconada.
have
had
three
cloudy
davs
We
Little Rock, Arkansas.
during the week, with light rain on each, the rainfall reaching
Shipments for the week,
Shipments since January 1.
weather
The
is
now
clear
an
inch.
and
hundredths
of
seven
delightful, and crop gathering is still progressing rapidly, with
Great
ContiGreat
Total.
Total.
Britain. Oontinent.
Britain.
nent.
about sixty per cent now housed. The thermometer has
averaged 59, ranging from 41 to 74.
Oalcntta—
Helena, Arkansas.— Telegram not received.
59. COO
18.000
1885
77,000
Memphis, Tennessee. "We have had showers on three days
1884
fc2.600
42,700
125,200
of the week, the rainfall reaching thirty-four hundredths of Madras—
11,000
1885
11,000
an inch. There were light frosts on Saturday and Sunday,
1884
2,000
2,000
52,500
52,500
and this morning (Friday) there was a killing frost. Picking All Others—
55,0-^0
3.000
is progressing finely and the crop is moving forward freely.
1,000
1885
2,000
60,000
1 15,000
1884
2,000
8,aoo
62.800
Sj.SuO
6,900
98,300
Average thermometer 57 '5, highest 70, lowest 43.
Nashville, Tennessee. It has rained on three days of the r )tal all—
week, the rainfall reaching one inch and fifty-nine hundredths.
12i,000
1.000
1885
2,000
3,00D
78.000
203.000
2.000
10,900
1884
197,800
8,900
75,200
276,000
The thermometer has averaged 54, the highest being 68 and
the lowest 38.
The above totals for the week show that the movement from
Mobile, Alabama. It has been showery on three days of
ohe ports other than Bombay is 7,900 bales less than same
the week, the rainfall reaching sixty-one hundredths of an
Picking is progressing finely. The thermometer has week last year. For the whole of India, therefore, the total
inch.
shipments since January 1, 1885, and for the correspondinff
averaged 61, ranging from 40 to 74.
Montgomery, Alabama. It \\ns rained on three days of the periods of the two previous years, are as follows:
EXPORTS TO EUROPE FROM ALL INDIA.
week, the rainfall reaching eighty-nine hundredths of an inch.
The thermometer has average^ 58 3.
1884.
1885
1883.
It lias rained constantly on two days of
Selma, Alabama
Sh^rtments
ioa'.t Europe
Since
This
This
Since
ThU
Binet
the week, the rainfall reaching forty-five hundredths of an
from—
week.
week.
Jan. 1.
Jan. 1.
week.
Jan. 1.
inch. Average thtrmometer 58, highest 70 and lowest 45.
Auburn, Alabama. The early part of the week was clear Bombay
"87,000
8.000 1,141.000 13,000il, 277,000
1 ,000
203,000 10,900 i7o,100
and pleasant, but during the latter portion it has rained con- 411 oMierport*.
3,000
9,800 177,800
stantly on two days. The rainfall reached one inch and sixtyTotal
4.000
f<fi0.000 18,900|l, 417,000 22,80011,454,800
five hundredths.
We have had frost, but not killing frost.
The thermometer has averaged 57, the highc st being 70 and
This last statement affords a very interesting comparison of
41
'5.
the lowest
the total movement for the three years at all India ports.
Madison, Florida. Telegram not received.
Alexandria Receipts and Shipments. Through arrange"
Macon, Georgia.- We have had rain on two days of the
ments we have made with Messrs. Davies, Benachi & Co., of
week.
Columbus, Georgia. The early part of the week was clear Liverpool and Alexandria, we now receive a weekly cable of
and pleasant, but during the litter portion we have had rain the movements of cotton at Alexandria, Egypt. The following
on two days, the rainfall reaching sixty-three hundredths of are the receipts and shipments for the past week and for the
orresponding week of t'le previoasi two years
an inch. Average thermometer 58, highest 72 and lowest 45.
Savannah, Georgia.— It has rained on three days of the
A.i^^atiorui, Egypt,
week, very lightly on two, and the remainder of the week has
1^83
1884.
lb85.
October 28
been cloudy. The rainfall reached ninety- two hundredths of
an inch. The thermometer has averaged 60, the highest being Beoalpts icantars*)—
170,000
170,000
150,000
This week
73 and the lowest 42.
493,000
173,OJO
-442,000
81 face Sept. 1
Augusta, Georgia.— The early pa t of the week was clear
Since
This
Since
This
Sinei
This
and pleasant, but during the latter ] ortion we have had rain
week. Sept. 1. week. Sept. 1. week. Sept.
on three days, the rainfall reaching forty-three hundredths of
an inch. The thermometer has averaged 56, ranging from 89 Exports (bales)to 79.
8 000 23,000 14,000 38,C00l 8,000 30,000
To Liverpool
5,0001 3,000
9,000
4.100
9,000
1,000
To Continent ...
Atlanta, Georgia. It has rained on two days of the week,
the rainfall reaching one inch and fiftv-eight hundredths.
12,000 32,000 15,000 43.000 11,000 39,000
Total Enrope
The thermometer has ranged from 41 to 08, averaging 55.
" A uuniarla bs liJa.
Charleston, /South Carolina.— It has rained on three days
This statement shows that the receipts for the week ending
of the week, the rainfall reaching forty-eight hundredths of
Oct. 28 were 170,000 cantars and the shipments to all Europe
an inch. Average thermometer 59, highest 73, lowest 48.
Stateburg, South Carolina.—The early part of the week 12,000 bales.
was clear and pleasant, but during the latter portion it has
Manchester Market. Ourrepoif received from Manchester
rained lightly on two days, the rainfall reaching eighteeen to-night states that the market is quiet but steady.
We give
hundredths of an inch. There have been frosts on four morn- the prices for to-day below, and leave previous weeks' prices
ings, but not killing frosts. About all the crop has now been for comparison.
secured by many planters. The thermometer has averaged
1884.
1885.
56-6, ranging from 40 to 68*5.
Wilson, North Carolina.— It has rained on one day of the
Oott'n
Oott'n
32« Cop.
32« Cop.
BH lbs.
8H lbs.
Mid.
Mitt.
week, the rainfall reaching one inch and eighteen hundredths.
Shirtings.
Iwisi.
Hhirlingi.
Iwitf.
Vpld§
XTpi's
There has been frost, but not killing frost. The thermometer
has ranged from 40 to 71, averaging 56.
d.
d.
d.
d
d.
A.
d.
d.
d.
R.
The following statement we have also received by telegraph, Aup28
®7 1
5>a
89i«1» 9ie 5 7i«a7 0^ 61a
37 1
4
5'i9 8»,B® 91s 6 8is97 li« 63ia
howing the height of the rivers at the points named at 3 o'clock Sept.
••
11 83iB®858
®7 1
8»ifl» 918 5 8is»7 lij 6ie
5-'i6
October 29, 1885, and October 30, 18S4.
" 18 83183808
6
»7 1
87i6» 9 5 7 97

—

—

j

—

—

—

—

i

—

—

—

—

—

—

—

—

—

—

|

—

—

11.

Oct. 29, '85.

New Orleans
Below liiKli-water marli:
MutnpbiH
..--, -.-.Above low-water mark.
Above low-water maik.
Slireveport...
Above low-water-mark.
VloksbnrK
Above low-waier-mark.
Naehville

BNew Orleans reported below

Feel.

13
8
4

2
5

Inoh.

7
6
6

Oct. 30, -84.
Feet.

Inch.

11

4

10

8

8
8

»7 1
®7 2
»7 2
a7 2
»7 2
«7 1^

57i6
51i8
5'a
5'3

•?
a^ie

5
8-'i6» 9
86ie« 8'a'5
8Bi„» 8'8'6
8I4 38l3is|5

7

538

5i«9« 10 >« 51a
85i«38l3ie5 5is*6 lOij

51.4

8B,hir8i3,,l5

siicje ioi«

57, „

5i4«6 IOI3

5%

lOij

"'18

8

3
5

" 25 83ien8»8
Oct. 2 3H aeiiin
"
9
" 16 HH 3811,,
" 23 BM •aBi'i.
" 30 His asi'in

(I.

13

11

high-water mark of 1871 until
Sept. 9, 1874, when the zero of gauge was changed to highwater mark of April 15 and 16, 1874, which is 6-10th8 of a foot
above 1871. or 16 feet above low water mark at that point,

Ellison's Annual Cotton Review for the Season of
1884-85.
In our editorial columns will be found the figures of
Mr. Ellison's annual review of the European cotton trade for
give the
the season of 1884-5, as received to-day by cable.
spinners' takings, consumption, stock, &c.

—

We

October

lUE

81, 1885.]

C'HJtU.MlJLE.

EoYiTiAN Cotton Croi-.— Wo hnve received thta week a
from our corrt-ttpondent at Alexandria whicli explains
very fully tlie condition of the niuturinK cro|) and the liarin

letter

Wo

notice that he says there will be a
yield of 3!4 null ion cantars.
That perhaps is to bo taken as
his minimum esiininte, since he states th»t the loss from the
tliat

Ims couie lo

it.

September

fojcs

maximum

esti-nate

has been 600,000 to 000,000 cantars, and his
lust

month was

4,000,000 to 5,000,000

501
TnltU bal*r.

To Antwerp, per
ToCtMxnll

teniiinr Noonllnnd 7fll
Oi-r Ml,

iL't'l.

7rll

II. .1,1,

,1,,,.,

Toll.

Mbw On
To
To

1,050
I

r,

llavie, per nWaimii' Hi-Klnu,
Hri'im-D, per

„3.7M
and 07

LIveriMKii, pii-

h'ea Island.

.

u

«ii

4,037. ...Uenrge Piabrf,

t« i:i

lid

A1.KXAM>KIA, October

llesurs. M'llliam B.

8IKS^ Sliiou
cliiiiiKol

my

umch

Dana

<*

Stli,

1885.

|ii

Co.

Innt letter tlie prospeotii of tlio cott<iii barvi-nt liavo
Tli«rn were durlug tlio luit tlirco wtwks of Hep

liuic.

roKs wliUlt have destroyed from 500,000 to (iOO.OOO
cantari<,by proviMiilcix fix opening of numoroiis "grsbols" on I be plunt
Tbo tcinperatnre since liurlug constantly kept cool, tbere Is no bope
of seviiiK tliese "xraliots" ripen; and It U generally agreed now tbut
tbere will be a Uiuveac of 3>4 mllliuns of oantars, wbleb la for iOtcypt
always an excolk-nl barvcst.
If tlirsfl foKs hud not oourrcd we sbould certainly bave had a harvest
superior to I bat iif last yiar. In spite of the inferior (piallty of the yield'
Here is tbe Information that has come to me from the priucipui centres
Fayoum, Upper St/yiJt.-Thu harvest has succeeded very well tbe
plant having ripened o.irlier, these coimtrles bave suffered al)si>lutely
nothing either from tlie fogs or from the oool temperature ; they expect a prudui tiou of 20,000 to 30,OuO oantars more than lai<t year.
Tttitlalt, ka/i-Xayat.—rhe harvest will vettainly reach a good average
In spite of the real damage done by tlie fogs.
Ileiili'i, Zi/'e —All uveriigo harvest ; they complain much more of the
bad yield, whiih will be in cantars below last seoson (3 W, against 4 >«
triiiliir i'4>iitluui<u^

;

per foildaii) than of fotrs.
Moiisourah, Uainaiihowr.—.\n average harvest it api>ear8 that It is
above all here that, tbiougbtbt'ludiff-reuceof the cultivators, the worm*
have caused about 100,0
oantars of damage.
if«i/«-iV. —'• be harvest will reach a veiygood average; this country
bus sullereil very little from f.tgs, bat has had au iuforior yield.
Kalliii, KaJr^Sheik^^-^D^slrlct of the qu.ility G.illini). -I'he harvest
In this country bax, as it were, failed; it is here th*t the fugs have
caused the gn^atost damage; they count at host upon 4 0i)0 to 6. ,000
oautars of Galliul, agiiiust L^O.OJO t J ItiO.JOO In a god so;»3 m.
Yuu see.^theii. that ruy intlciputions have been, so to apeak, oonHrmed
as far as regards the general yield, which I expected would be inferior
E. S.
to last year. Yours,

,

10.471

;.....

..

9,099
4,300
.'iIO

Bnnlili
...
Wtistergate, 4,.'iOi Ipland
,

j

,

.

,.,.;..

:

.n,

irp-

Uluul....

.

13,IU

,._

To Havre, per steamer WInstoD, 3,430 Uiilsnd
To BarceloiiH, per liark Tres Auroras, 1,115 Upland
To Oenna. per Inirk Maria Crlntlna, 1,300 Upland
Oalvkhton- To Liverpool, (Hir steamers DiieheM, 4,333....
Bertisford,

9.48«
1,115
1,800
10.077
4,147
8.974

.'^,T'21

To Havre, per steamer Knrbantress, 4.147
To Bremi n, per sleiiiiier Arebilles, .',»T4
To Vera Cruz, ler steamer Harlan, 0;0
WILMINOTON— To Liverpool, per steamer .Msrimn, n,000

NoRPOLK—To

620
9,000

Liverpool, per steamers Ala..ka, (l,46»...Waverly,
'.

T,43S

13,903
9.390
1.938

West i'oint— To Continent, p<u- steamer Watllngton, 5,350
Bai.timoke— To Liverpool, per steamer Nova Scutian, 1,538
To Rotterdam, per steamer Toledo, 900
Boston— i'o Liverpool, per stctamers Cephalonla, 732
Iowa,
1,U0. ...Venetian,

PanjuiELPHiA—To Liverpool, per steamer Lord Oougb, 2,691

^

Total

900
3.971
3,891

1,7113
.

^

149,930

The

particulars of these ahipments, arranged in
form, are as follows:
Rottrrdam,

our osual

Amsterdam,

A IllBremen

;

•

UuUnd

•

land

7,297

S,7M

.,i

/

.V7I2

.

"

.

0,7i»
blrkln«on',

ffiwi

To Uennu, per steamers Oen. Napier,

Savahmam—To

17.»1»7

<i,7'4«

steamem Oyru», 6,23 1.. ..Robert

To Itreiiien, per sleain*
To Antwerp, pt-r hi.
To Barcelona,
OBARLKSTUN— To I.I

canturs.

4.231

J,'l64 ....

.

Liver-

Haiti'

t£

vool.

Havre.

Sew fork.

7,S36

1,115

N. Orleans.

17.'.ii<7

6,7:^1

vierp

i£

Vera

Coptn- Barce-

burg, /layen.
3.5.i0
>',"82

1,324

javanDab.. 10,174
5,7«0
Cbarleston. I3.1U 3,438
Oalvesion
1(>,077 4,117 2,9'74
Wilmington .=>.00rt
Norfolk.... 13,903
West Point
5,350

3,995

Genoa. Cruz.
1,050
7,287

tona.

4,200
1,115

1,300

.

Baltimore..
Boston. ...
Phlladelp'a

900

i',V3'8

...

3,>»7l

V.SOl

IOU4J... 86.101 15,422 20.(116

9,315

6,219

Total.

14,879
40,290
24,429
1F,969
620 17,818
9,000
13,903
9.350
2,438
3,971
2,891

620 149,930

9,637

East India Crop.— The following is from Messrs. Wallace
Below we add the clearances this week of vessels carrying
& Co.'s report, dated Bombay, Sept. 33:
cotton from United States ports, bringing our data down to
"Tlie prospects in the O.imrawutteo districts, an der the Inlluence of
seasouahle weath-r, have impioveil during the last week, and re;»oris
generally spe^tk most linpefuliy of the crop, wliieli. U'llert^ retarded by
unfavorai»le w-'at(nT. will tie early. From Uroa h and Dhollcrt Ciuiiplalut.s are hegiuulng to eoiue of want of rain, which Is b<tdly fell, and
iinle'>8 it fa Ih withia a «e.5k or xo the eousequmcus
>y liesHriou'.
Accoiiuto fioui Hiugiil are more favorable, but the crop will be about

m

one month later "

Messrs.

Gaddum, Bythell

& Co.'s circular

of the

same date

6 ays:

"During the ten days wUloli have elapsed since our last report was
wrilteii tlie wrutbi-r bus been very favorable for the crojis In tb« Oomra
cotton-gio»liig dl^l^lcll'. a pleiiiitul supiily of r in bavin,: i:illeu Jii8t
Wlieu il wax nteileil; and In tlie Westerns and Dbarwar diairiels, also,
there ba^t lit lasi hi^-ii a fail of rain t^ultieienr. to enable sowing to be
pushed or. In ibe Hioaili uu'^ Dbollera dixtiiels. however, tlie lainfall
has bien very hCaiity, and more niin Is now urgently rei|iiied; m lierWise it is femtd 111.- planis will be Injured, iliit there a>e ai present,
liDfortuiiaii'ly, no a kus wuatever of a fall of ralu, the weather being
now brigbl and clear.
"Our ndvluei' rrgardini; the Oomra crop continue to be of a must
prouilsinx ebaruc t-r. mid :is far as can be se^ ii at piexent evi^rythiiig
points to a 1. rge eiop of gO' d quality. It is expected ilint small iiaiec.s
of new Oomra «lli bu pcoour.tulu about the middle of Novemuer."

East India Crop Prospects.—Our cable from Bombay
to-day states

tiiat

the latest dates:
GAi.VKsroN-For Liverpool— 0.t. 23— Steamers Almandlne, 4,797;

1

Lizzie, 3,750.
Marth, 5,260.
Wii.mi.\«;ton - For Llverpool-O -t. 23— Steamer
F.ir Bremen -"Oct. 28— SieiUiier C.irtus Biy. 4,»00.

Cam

Soufolk— For

Li\erpool-Oct. iO— Steamer linma. 5,311.
Boston- For Liverpool- Oct. 21— Steamer Kausa.^, l,2o7
Oot.
Steamer Pavoni., 557.
Baltimore- For Liveriiool-Oct. 23— Steamer Rallimoie, 3,185.

For Autwerp-Oi

—

include the manifests of all vessels cleared up to Thursday
night 01 tins vv eei£.

„
SEW „
York—To
,.

.

r

fc:

.

Total bales.
Liverpool, per steamers Adrlatlc,387... .City of
Montreal,l.>uo....01beis, l,170....Bt. KoDaiiB, 4,10j....

Wyoming, ill
To Hiiv e. per ^tel»mcr C'rtnailn, l.m
To Biemen, per siemiicrn Diuian, 31)0
Werra, 8.'0
To Haiiinurg, per sieiiineiH AiiBliacia, 650.... Rugia,
Uo Anisteiduiip.iiei slenintr Kilum, 438

7,83iJ
l,i
1,

1,750..

-

23— Steamer

23—

Lcro. 2,o.50.

20-8teame» British King,

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

1,141.

lo vessels

sli-auier. at N.nv York from Charleston- A flra
broke out evening of October 20 on the liuikbead piers, foot of
Mnrray Street, New York. In aliout 3.W bales of ci'tlon wbieb had
been dNcharge 1 frmu steamer City of Coluiuliia durlug th.^ afternoon and been tiered in he street preparatory to being re-shlpped.
The loss will not exceed $3,500.

ClTT OF Coi.L-MiUA.

—

SHiPPiNa News. ^The exports of cotton from the United
States the past week, as per latest mail returns, have reached
149,9 iO bales. So far as the Southern ports are concerned, these
are the same exports reported by telegraph, and published in
the Chronicle last Friday.
With regard to New York we

t.

PiiIl..vDELi'iiIA— For Liverpool- Oct.

crop acccyuats are favorable in Dhollera.

Jute Bdtts, Bacjoino, &c. There is a good demand for
bagging and the consuming trade are taking parcels quite
freely.
Some tiU8inei<8 has been done in a large way but the
bulk of the trade i.s for present wants. Prices are steadily
maintained and sellers are cjuoting 9c. for I*^ lb., 9>^c. for
1;'., lb., 10i.,c. for 2 lb. and
lie. for standard grades.
Butts
have shown rather more animation, though not much business has been done as yet, thougli some negotiations are on
foot.
About 3,000 bales have been taken since our last, part
paper grades at l,^i@l 13-l6c. and part bagging qualities at
2@2j.jc., and sellers are quoting these figures at the close.

Vlo-

toila. h.'iU'i
Oct. 2 —in amer Simoon, 5,310.
For Bremen— Oct. 27— f tc imer Weser, 4,054.
Hbw Orleans- For Ueval- O t. 26— Steamer (:k>vlno, 6,100.. ..Oct. 27—
Steamer Dago, fi,lCiO.
For V. la Cruz-Oct. -Jl- Ste!vnier Estaban de Antuuano, 1,636.
8AVkSNAii-For II.1V e- Oi t. 24-8t<!amor Panama, d,lOJ.
F.ir Keval— Oct. 23-i-teamer Auerley. 5..'>()0
Oct. 27— Steamer
D.'crbcMind. 3,8^0
Out. 28- Steamer llattleld, D,a.^O.
Fo Ilango- Oct. ^7— Sle.inier DecrliDUnd, l.iJoO.
ForUcuoa— Oct i4— S.iauier KlgHiillue, 4,0i)O.
Charleston -For Havre -Oct. 21— Steamer Nellie. 3..'515.
For Sebastopoi- let. 27— Steamer Hnntsiiiaii, 5,0 H.
For Biireelona-Oct. 23— B.ig Conoelfer, l.Os>0
Oct. 27-Steamer

t

Couou

freights the past
B(Uur.

week have been
Hon.

ftM*.

Liverpool, steam d. "ls-'is •"iss-^ie '»i28

BaU...d
Do
Havre, steam.... e.

Do

sail

e.

Bremen, steam. .e.

Do

sall....e.

Bamburg, steam.o.

Do

sall....e.

Do

Ball...o.

•'le

as follows:

irednst

I%i4r*.

Frl

=>»

»is

»l»

..••

.--.

....

....

%

»8

H

a*

...

.*.•

.--.

...

'is

-••

.

T.S

^1«

'i«

'is

..-.

>•>•

.---

....

\

^

H

>»

....

*•

...>

....

H

38

..~
'16

....

H

"»

..••

Amst'd'm, 8team.e. 40«45» 40»45' 403H5* 40»45* 40945' 40«4S«
Reva', steam

Do

...•

d. »Sf*9»S«

sail

e.

Bar(!elonB,Btcani.e.

—

Per

....

.•••

"•••m

....

....

....

....

....

—m.

»3«

»»s

•as

•l3

*3*
»!•

•Sa

»l«
»,«

»i«
»!»

e.
Qonoa, steam
7sa»'4 ^sjak itt*H
Tntste, steam.. .e. »33a''i« »a2»'i8 »3i»»ie
»i.
»1«
.\nrwerp, steam..e.
3l«
•

....

i»«a»ss 15«4«»s9 13«4»»S« I»„«»M

«l«
"la

"is

•i«

mo lbs,

Liverpool.—By cable from Laverpool, we have the foUowing

EO
week's salea, stocks, &c., at that
2,uO statement of the
138 ad 1 pre vie us weeks for comparison,

port.

Wo

THE CHRONICLE.

502
week

Bales of the

bales.

Of which exporters took .
Of which speculators took.
Bales American
.

57,000
5,0C0
4,000
39,000

46,000
3.000
2,000
34,000

7,000

7,000
5,000

Actual export

5.00(.

Forwarded

395.000

Total stock— Estlmaten
or winch American— Estlm'd

257,0110

week
Of which American . .
afloat
Amount
Of which American ...

2B.000

Total iioport of the

2 LOW
85.001

77,00C

Oct. 30.

Oct 23.

Oct. 16.

Oct. 9.

362,00C
233,000
20.000
17,000
128,000
119,000

52,000

39,000
4,000

46,006
4.000
8.000
350,000
228,000
51,000
44,000
148,000
139,000

30.000
6.000
9.000

Saturday Motulay. Tuetday

Bpot.

In buyers'
Market,
favor.
12:30P '4

I

Market,
ket,
.M.
5 P.!

59i,

514
51s

SOs
5i>8

8,000

7,000

8.000

500

500

500

Easy.

Dull at
1-fM de-

7,000

8,000
500.

500
Quiet at

at

2-M de-

Easy.

Easy.

1-64 de-

Barely

Quiet
but

cline.

clloe.

Firm.

Steady.

Firm.

514
5>s

54

500

Weak

Freely

514

4.000

cline.

i

ofTered.

Pressed
for sale.

Future:
Market,
:et,

12:30P.i
P.H.J

Steady.

Pressed
for sale.

539
BBs

Mid. Upl'ds
Mid. Orl'ns.
Sales
Bpec.&exp.

lYida'

steady.

highest, lowest and closing prices of futures at
Liverpool for each day of the week are given below. These
prices are on the basis of Uplands, Low Middling clause, unless
otherwise stated,
E?" The pnMM art given in pence and GUht, thm: 5 62 meant
5 62-64(J., and 6 03 means 6 3-64d.

The opening,

Man.. Oct.

Open Hioh Low. dot

Open Sigh Low.

Tnes., Oct. 27.

its.

Cloa

DAILY 0I.OSIN0 PRICES OF NO. 2 MIXED COBS.
Wed. Thurt.
Snl.
Tues.
Mon.
53 14
52ia
52 Hi
5214
62^
In elevator

November delivery
December delivery

51%
49%

J.inuary delivery
February delivery
May delivery

4GI9
4013

Open High Low.

Oloe

51'4

49»8
4613

—

46%

51\

51>a
49=8
46^9

49»8

46\

46 '-8

46>4
46I9

46)3

Fri.

52
51 14

51>8
4918
46=8
46>9
46>4

i9h
465i
461s
4614

Oats, without decided activity or buoyancy, had an advancing tendency down to the close of Wednesday. Their comparative cheapness encourages a large home trade, which,
with a steady export movement, stimulates speculation for
the rise. Yesterday the rise was checked by free selling and
sympathy with the depression in wheat and corn. To-day,
under a considerable pressure to sell, part of the recent
advance was lost, and the close was weak.

DAILY CLOSING PRICES OF NO. 2 OATS.
Sat.
Mon. Taen.
Wed.

steady.

I

Sat. Oct. 34.

some

;

low.

afloat.

Thurtd'j/.

Freely

of the new crop arriving is very damp and
To-day, at a slight decline, th°re was a brisk
export, the sales including 100,000 bush. No. 2 mixed at 52^c.

lected

244,000
63,000
54,000
205,000
197,00U

Wednet

offered.

market was stronger until yesterday, when the pressure
for October shipments ceased, and prices lost a portion of the
recent advance. The demand on the spot has been mainly for
prime mixed and No. 2 white. Yellow corn was quite negsells

of the Liverpool market for spots and futures each
prices
day of the week ending Oct. 30, and the daily closing
of spot cotton, have been as follows:

XO

eral

365,01)0

The tone

[Vol.

November delivery
December delivery

3114
3214

January delivery

Rye was

dull.

Sliu

31%

32

32 19
33i8

3258
3313

3278

Buckwheat

Fri

Thurs.
31 '8
32S8
3311

33%

31%
32ifl

33>4

in the grain has sold at 55o.

Barley has had a very free sale. Several boat loads of prime
ungraded Canada sold at 82@85c. To-day the market was
firm and fairly active.
The following are the closing quotations:
FIOUB.
^bbl. $2 70» 3 50 Bonthem bakers' and
family brands
3 00® 3 70
Superfine
Spring wheat extras. 3 25» 3 80 Byeflour
Minn, clear and stra't. 4159 5 00 Com meal—
Western, Ao
Wintershlpp'g extras. 3 OSW 3 80
Brandywlne. <feo
WinterXX & XXX.. 4 153 5 10
flour, ^
759
Buckwheat
4
5 85
Patents
3 759- 5 00
100 lbs
(Ity 8lilppin«;ex
4 15 « 4 65
Boath'n com. extras
Fine

d.

d.

d.

i.

d.

.

Teb.-March 5 21 5 21
March- Apr. 5 24 524
ApHI-May.. 527 5 27
May -June.. 631 5 31

5 21
5 24
5 27
5 31

5 21

524
5 27
5 31

It.

d.

d.

d.

517 617 516 516
515 5 15 515 515
514 514 514 514
515 515 515 516
5 17 617 516 6 16
5 20 6 20 519 519

518 518 518 518
B17 517 517 617
8 16 5 16 5 10 516
KoT.-Deo.
517 517 5 17 517
Dec.- Jan
Jan.-Feb.... 5 18 518 5 18 518
October

Oot.-NoT..

5 23
5 26
5.10

5 23

6 22
6 26

526
530 529

5 22
5 26
5 28

d.

d.

513 513 513
511 511 511
511

513
511
511

5 11

6 11

513 512
5 16 616
519 519
5 23 523 523

512
616
519

511
511
513
516
619

5 11
5 11

5 28

5 26

5 26

5 23
5 26

-

Thnra., Oct. 29

FrI., Oct. 30.

Open High Low. (Xot
d.

d.

510 612
OcU-NOT-. 6 09 512
Kov.-Dec.. 509 511
Deo.- Jan .. 509 612
Jan.-Feb... 511 513
Feb.-March. 614 516
March-Apr 517 519
April-May.. 5 21 523
May-June... 6 24 520
October

. .

d.

Op0n High Low.
d.

d.

d.

Clot.

d.

d.

512 512
511 511 5 11
511 5 10 5 10
5 11 510 5 10
5 13 512 612
516 615 515
619 518 6 18

510 5 12
609 512
6 09 511
5 09 612
511 513
614 516
617 519

513
511
511
811

5 21
5 24

5 23

522 5 22 5 22 6 22

5 26

5 26

8 13

5 16
5 19

6 13

5 26

5 26

Open High Low.

d.

5 26

Cloe.
d.

611 511 5 10
509 509 5 08

510
508

5 09
5 09

5 09
5 09

5 08
6 08

6 08
5 OS

511

511 510
614 514

510

5 14

517 5 17 5 17
621 5 21 6 20
5 24

5 24

5 24

5 14
5 17

620
5 24

BREADSTUFFS.
seeds of buyers, and the export business is on a reduced
scale.
Prices are generally sustained, but are without much
strength. There is little disposition anywhere to accumulate
stocks, receiving meeting the demand very readily.
The wheat market has been variable and unsettled. The
recent decline caused a revival of speculative operations for
the rise in futures, and on Wednesday morning there was a
smart advance here and at principal Western markets, but the
large visible supply and the dulness of exports caused a
quick reaction toward lower figures, which continued
throughout Thursday. There has been a good milling demand
for wheat on the spot and for early arrival, but prices are not
fully sustained. To-day there was a further sharp decline,
but a steadier feeling followed, with a fair business in spot
wheat.
DAUT OUMTKO PBICEg OF SO. 2 BED WTNTBK WHEAT.
8ai.
Uon. Tuet.
Wed. Thur:
fVi
^
,
elevator
In
9BS^
98
9614
96ia
9614
95
96i«
November delivery
95!lj
9019
96=8
95^
9414
98i«
December deliveiy
07
97%
98%
9738
96''b
,

Jaotury delivery
February delivery

May

delivery

98^

108=a

99%

105%

IOOI4

lOOi*

101

101%
106%

106%

99i«
lOO^a
lOS's

98i«

10514

Indian com futures have been somewhat irregular. There
has been an urgent demand for prompt delivery, which has
strengthened values for spots and October options, in which
early futures have to

some extent sympathized, and the gen-

003

2

20

OB AID.
61

9

64
30
33

4>

Rye—Western

Spring, per bush.

Bed winter. No. 2
Bed winter

0>m—West,

mixed

West. mix. No. 2.
West, wliite
West, yellow....

White Sou them..
Vellow Southern.

84
90
95
80
85
50

State and Canada.

98

® 93
i»
96
«100
95
53

51%» 52%
51
51
57
61

®

White
No. 2 mixed
No. 2 white
Barley- No. 1 Cauada.
No. 2 Canada
State, tworowed
State, six-rowed

53
53
62
53

•»

9

..

Oats— Mixed

Western

63
66

« 33

»

3114 »

35 9
92 ®
79 ®
62 9
75 9
65 9

40
32 14
36
95
81
64
83

80

The movement of breadstuflfs to market is indicated in the
statements below, prepared by us from the figures of the New
first give the receipts at Western
York Produce Exchange.
lake and river ports, arranged so as to present the comparative movement for the week ending Oct. 21 and since July 25
for each of the last three years:

We

RMe<ptt at—

FRtDAY, P. M.. October 30, 1885.
The flour market has been moderately active for the home
trade, and yet the demand has not exceeded the current

2

•

Wheat

White

^

109 3 25
309 3 35

3
3

i

8prinj?No.2

Wednes., Oct. 28.

$4 759 5 60
3.259 3 50

Cbioago

Milwaukee
Toledo
Detroit
Cleveland.

Louis
Peoria
Dnluth

St.

.

. .

Tot.wk.'85

Same wk. '84
Same wk. >83

Otts,

Flour.
£518.196 lbs
110,216
94.08 r
4,041
8.690
6,886
25.755
17,500

265,175
259,186
265,942

Biuh.mm

Biuh.&H

Ihs

Bmli.S2

Btirley.
lbs

3.000
291.400
96,630

695,783
31,100
4,647
28,011
25,600
173,940
221.780

2.633.518

1,808,334

1.180,861

4,062,194
1,910,758

1,1:62.025

1,883,908

519.69l|
217.792;
44t,Mll|
385.304|

83.641
217.779
8,600
759,000

1,330.301

4,800
81,58'
.

618

Rye.

Sunh.iSlbs BashSe

lb)

3S2,880l

192,881
2.889
40,241
3.500
133,748

8.900
9,367

24,000

25,625
15,000

739,214
709.439
813,798

121.329
184,169
188,486

1,961,834

1,370.751

25,618,811

24,473,662

21.235.851
22.125,226

4,873.910

2.605.1T3

24.782.227
44,464.584

4,695,825

1,257.137
3.501.S39

2.440.595

32,817,871

35,508,702

20,975,656

4,983,268

3.538,781

S<nc« JvtyiS

1885

2.015,630

ISM

The exports from the several seaboard ports for the week
ending Oct, 24, 1885, are shown in the annexed statement:
Exports

Wheal.

Corn.

New York

Bush.
126,129

Boston. ..
Montreal,

62,026

Bush.
292,308
107,684
53,621
59,000
17.142
97,676

from—

Phlladel..

Baltlm'ro

12.606

N. O'-l'ns.

Richm'd
N. News.
Total w'k.

Flour.
Bbts.

65,346
30,821
8,039
2,857

The

Bush.
188,086
100
63,185

Sye.

Peas.

Bush.

Bush.

1,169

2,012
lli',i86

"iVo
3,000

200,155

627,431

110,233

251,371

1,169

946,719

137,923

196,170

57,558

173,144

99,213

We

add the

S'me time
1884.

Oals.

destination of these exports is as below.
conesponding period of last year for comparison:

143,198

October

THK OHRONICLK.

81, 1880.]

Oom.

If Ami.

jnotw.

w«U

MwporU
188K

for wttk

to24

l)rl.

Oth.c'n'ta

H.910
19,709
18.032
l.OUO

Total...

110.233

Brit.oor*

Oel. 25.

Oel. 21.

Oel.

Biuk.
1S3.507

BuMh.
539.401
407,913
35

11^..S19
IH.IHUi

5.921

.Am

1885.
Week,

Bbl:

Bbli
55.556

tTn.KliiK.
CiilHlll'llt
H ,V<
\V. IrHllPK

1H8A

1884.

1884.
Weth.

Week-

n.ois

17,099

25

1.000

i.>(,8:u

itin4

nvr/,-.

»><•/,.

<>el. 'J4.

Orl. i.;.

au»h.
468,932
134,311

120.032

14,378
10,448

'"9.253
5,444

1,363

l,8dS
1,339

627,431

137.923

Bunk

22,071

837
200,155

196.170

04B.719

By additiK this week's movement to our previous totals we
have the following statement of exports this season and last
season:

Wtut.

JtoMr.

Kxportt to-

1888.
A\lj.

'ii

to

BM>.
036.4m

on. KlDgdom

Aut. 8S

to

Auo- «4

(o

88.098

Oc(. 85.

Oi;t.«4.

BtU.

Burk,

Ofls.sn
115.781
117,940

In

1884.

Aug. 24

tYi

llKT.SSI

9fi.

Dull.

Oct. 24.

Oel. 85.

BmK

BufA.

e.BOR.AOl

5.874.834

1,781.5411

6.4W.7»4

1.4»7,6»4

»ia.i(4s

a8.a»i

Stio,iue

68.774

803.412
71.H4n

IB.STII

18.410

4.003

14.110

5.S81

13.065.054

7,70 1,606

8,He3.6S3

167.571

146,027

153,753
146,083

0th. oonntr'a

6.908

T,osa

LIltKIMW

1.903,3S8

4.904,450

l.».tt»7

Oc(.

1,188,804

Wait Indlea.
Brit. Col'nleii
Total

AUQ. 93

188S.

8.717,806

«.a06
4.107
16
18,380

The

Obrn.
1884.

supply of grain, comprising the stocKs in granary
at the principal points of accumulation at lake and seaboard
visible

and in

ports,

transit

In itore at—

Hew York
Do

afloat

Albany

by

rail

Wkeat,
biuh.
9.101.787

496,500
4.000

Buffalo

4,521,188
afloat
387,000
Cbloa«ro
12,953.663
Richmond, Va....
71.643
Milwaukee
2,914,489
Daluth
1,896,360
Toledo
2,176.194
Detroit
1.743.212
Oswego
137.500
Bt. Louis
2.744.941
Oncinuatl
107.349
Boston
271.837
Toronto
167.824
Montreal
378.000
FhlKidolpbla
1.013.151
Peoria
4.864
Indianapolis
197.560
Kansas City
800,349
Baltimore
1.416.0H2
Do afloat
48,625

and water,
Com,
biuh.

Ot-t. 'ii. 188.5

Oatt,

bunk.

575,841 2,563,6«3
145,200
25,000
12.500
216,225
1,837

:

Barley.

bngh
17.062

100.000
19.750
107.442

Jtye,

bush.

109 01! 6
1 6.(00
4.(j00

73,752

Do

Down Mlutulppl.
On rail..
On lake.
On canal
Tot.
Tot.
Tot.
Tot,
Tot.

in band and prioM ranaln unobaiiKed. Cotton fUanala
were sluggish and corMt Jaana continuad dull
For ooiond
cottons there was a light hand-to-mouth demand, aod prioaa
are generally flrni, a recent heavy advance in Indigo having
Imparted additional strength to blue denima, drills, coverlets*
ticks, and other fabrics in the manufacture of which tliat dy*>
tuff is necessarily used. Print clothe were fairly active, and
dearer, extra 04x<ll8 having advanced to 8J<o. and WJx«0» to

S 13-lOc., with conBiderable transactions at these figures. Prinia
continued dull, and dark ginghams were sluggish; bat vary
fair orders (for future delivery) were placed for fine ginghama,
seersuckers, printed sateens, white goods, Marseilles quilta,
orim curtains and cotton hosiery for next season.
Domestic Woolen (foons,— The commission houses have
experienced a steady call for small parcels of heavy caadmeres, worsted suitings and overcoatings but there was only
a moderate business in light-weight woolens for men's wear,
the majority of buyers having already placed their early
CIoakin(,'8 were in moderately good demand, and
orders,
there was a fairly satisfactory movement in Jersey cloths and
;

(KIM.

Continent...
B.AC. Am...

I88B

1884.

503

371.815
321.643
1.436.000

1,001,4.59

4,552

212,413
2,715

120.643

99.429
38,000
17,952

62.651
10.569
147.125

20.193
47.202

176,753
5,317
274,219

175.1.57

111.99rf

55,898
259,855

29.097
15.882
243.378
10.000

3.831
-.SCO
28.795

6.000
148.383
231,492
23.810
32.849

35.635

8.441

317.279

65.120
659,887
99.534

13,000
513.193

276.171
1,023,490

726
396.241

394,300

Oct. 24.'85. 45.r63.616 5.263.434 4.726.854
Oet. |17.'85. 15.179.482 4,827.123 5.246.980
Oct. 25.'84. 33,221.848 5.784.555 4.565.547
Oct. 27.'83. 30,616.382 10.531.511 3.366.H11
Oct. 28.'82. 18.078.308 3.669.115 4.186.110

239,428
1,158

11,823
1,577
33,773
16,613
30,749

496
1,000

^

1,987

33,316
1.160
3,306
4.816

136.235

40.409

243.521
1,709.344 622.012
1,420.894 542.815
1.642.862 709.228
1.894.884 2.274.611
2.139,919 918,798

stockinettes.

Satinet< ruled quiet and steady, and there waa
in Kentucky jeans, doeskins and repellenta.

a limited business

Ladies' cloths, tricots and soft-wool dress fabrics were leai
owing to the mildness of the weather, but prices ruled

active,

steady on the most desirable makes. Flannels and blankets
were taken in small parcels to a fair amount, and stocks are
60 well in hand that prices remain firm indigo blue goods, in
particular, lieing very stiffly held. Shawls were slow of sale,
but a fair trade was done in cloth skirts, and there waa a
moderate inquiry for duplicate parcels of carpets. Wool
liosiery and knit underwear continued to move steadily on
account of former transactions, and prices are fully maintained; but new business was comparatively light.

—

Foreign Dry Goods.— There was a

light and irregular
for foreign fabrics at first bands, and the jobbing

demand

trade was dtvoid of animation. Some very fair orders for
spring goods were placed with importers for future delivery,
but nearly all fall and winter fabrics ruled quiet. The auction rooms presented repeated offerings of silks, dress goods,
velvets, velveteens, &c., with indifferent success, the sluggish
condition of the retail trade (because of unfavorable weather)
having rendered retailers more or less apathetic. The most
staple imported goods are fairly steady in price, and stocks
are not large as a rule.
Importations of Dry Gootfa.
The importations of dry goods at this port for the week
ending Oct. 29, 1885, and since January 1, and the same facta
for the corresponding periods are as follows:

£ 2s fspSSSi
££ f

THE DRY GOODS TRADE.
Ftldav, F, M., October 30, 1885.

Although quietness was the prevailing characteristic of the
dry goods trade the past week, there was a fair business in
certain fabrics adapted to next season, orders for which were
placed with a degree of liberality denoting ample confidence
in the future. The most staple cotton and woolen fabrics
were only in moderate demand at first hands, and heavy winter goods were mostly quiet, because tlie weather continued
mild and unfavorable for their distribution. The equilibrium
between supply and demand has, however, been restored to
such an extent by the late curtailment of production that
prices are, for the most part, steady and unchanged. The
jobbing trade in this city' and at many distributing points in
the interior has subsided into a condition of comparative
quiet, the supplementary demand from retailers having been
delayed by the unseasonable character of the weather. The
late lull in the demand has caused little or no uneasiness in
the minds of manufacturers' agents, importers or jobbers: on
the contrary the situation is regarded with confidence, and
a moderately good re-order demand for fall and winter goods
is anticipated as soon as the retail trade becomes more active,
as it doubtless will upon the advent of cold weather.
Domestic Cotton Goods. The exports of cotton goods from
this port for the week ending October 27 were 1,899 packagesi
including 1,128 to Great Britain, 177 to U. S. of Colombia, 184
to Brazil, 91 to Mexico, 81 to Venezuela, &c. Brown cottons
were in steady demand by converters, and slight price concessions enabled agents to close out some good-sized lots of Southem three-yard sheetings; but the general demand for these
goods was unsatisf atory, and prices are barely steady. Bleached
goods and wide sheetings were in light request, but stocks are

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THE CHKONICLE.

504

[Vol. XLl.

i^lnancial (Coniptinies,

Bonds of Surety ship.
so OTBBR BUSINESS.

#

The Oiiarantee

Co.

OF NORTH AMERICA,
Cash Capita)
Ca^h Assets

OFKICE:

Secretiirv.

New York DiutcTOHs— Joseph w. L>rexe]. A. L
Hopkins, n. Victor Newcnnib, John PHt«jn. Danie
Torrance. Bdw. F Wlnskw. Krastus WIman.

FIDELITY A CASUALTY
Not. 814

A

aid

CO.

BROADWAY, NEW YORK.

Cash Capital.

»250,000, Invested in U. S. Gov't Bonds.
J2C0,<J00 dC|K..^itea with the .V. Y. Isn. Dep't, for
the protectif»ii of IV'Iicy-hoIders.
Aaselh, January 1st, Ipso. ^Va,it)iti 11.
Officials of HanBs, Haiuoaas and Esprtifa Comiti.

Dies, Slanafjers.Secretaries.anc Clerks of Public Con
panics. Inst it nt ions Hnd Coinnicrcialtirnip. can obta i

BONDS OF SURETYSHIP

from

this Conipiiny at luodeiate charKcs.
of this Company aie accepted by f'c
courts of the various States.

The bonds

CAS17AI.TX

DEPARTMENT.

Policies Issued against accidents causing death oi
totally disabling injuries.
Full ii. formation as to details, rates, Ac, atn b.
obtained at head office, or of Company's AMCnls.
"Wm. M. RicHAU s, Prest. John M. Cha.n'e, Scc'y
KoB'T J. IIiLl.As, Ass'l Secretary.

Dl HECTORS:
David Dows,

Geo. T. Hope
a, O. William?,

A.

8.

W. G. Low.
Charles Dennis

Barnes,

J.8J. Stranahan.H. A. llurlbut,
Alex. Mitchell.
A. B. Hull,
J. D. Vermllye,
8, B. Chittenden
Geo. 8. Co.'.
Wm. M.Richards.

AMERICAN
FINANCE COMP'Y,
96

BROADWAY, NEW YORK.

JOHN C. SHORT

Preslfleii.

FRANCl.S A. VVHITK

JAMKS
HKO.

WM.

P.

8.

B.

Vice-Presidco:
2d Vice-Presldfn:
8d Vice-Presiden
Sec'y and Trea^

Ist

NKGLEV
TALBOT

WATSON

made
1,

In this action, bearing date October 1st,
the undersltined, the referee in said judgwill sell at public auction, at the
HoiLse, in the City of Newburph, In the

Court

wise.
All the rights of the defendant New York;
West Shore and Buffalo Railway Company under a certain indenture of lease made by the
New York Central and Hudson River Railroad

County of Orange and Stnte of New York, oa
the twenty-fourth day of November, 1880. at 13
and pi'einL'ie.s in said
judgment mentioned and therein described as
o'clock, noon, the property

Company to New York, West Shore and BuHalo
HaUway Company, dated November 2, 1881, and

follows

all

All

its rights under a certain agreement of
even date made between the same contractUig

and singular the entire rallw.iv of the deNew Y'ork, West Shore & Burtalo Rail-

parties.
All the rights of

fendant

way Company fi'om Weehawken
Count.v, New Jersey, opposite the

BROADWAY.

TOMPKINS,

D..1.

m

New

States Trust Company of New York, plaintiff,
against New York, West Shore & Butfalo Railway Company auil others, defendnnts. In pursuance or a juapment of foreclosure and s le
1885,

fSOO.GOf
4£0,CO'

NO. Ill

OF

hereafter to accrue
favor of said New Torfc
West Shore & Butfalo Rallwaj Ck>mpany agaims
said New York, Ontario & Western Railway
Company, Ita successors or assigns, by reason of
the breach of any of the covenanta contained in
Bald agreement on the Dart of the New York;
Ontario A Western Railway Company or othoc^

ment named,

Deposit with Insurance Department
214,iXi'
President:
Vice-President:
8IKALM. T. Qalt.
Hon. Jak. Fekriir.
UaDaffinK Director: Edwahii Rawlixgs.

NKW YORK

%cmi^
COURT OP THE HTATE
SUPREMEYork,
County op Ora.voe.— United

lit

the defendant New York
Buffalo Railway Company under agreements made between that company
and
and president
managers of the Delaware &
Hudson Canal Company.
All the rights of the defendant New York, West
Shore aud Bufl'alo liailway Company, under
agreements made between that company and
the New York, Lake Erie and Western Railroad
Coranany.
Allthe rights of the defendantNew York, West
Shore and Buffalo Railway Company, under a
certain Indenture dated February ?th, 1885, between the New York, West Shore and Buffalo
Railway Company, Horace Russell and Theodore Houston, as Receivers of the property of
said railway company and the Union Temimal

Hu<lson

City of

West Shore and

New

York, through the counties of Hudson and Bergen in said Stale to the division line between the
States of New Jersey and New Y'ork, at or near
Tappantow-n In the County of Rockland In the
State of New York, and thence In the State of
New York, along or near the west shore of the
Uudsou River via Haverstraw, West Point, New-

and
CatsklU,
Athens,
burgh, Kingston,
near Schenectady, and
Coisackle, to or
along
or
near the south shore
thence
of the Mohawk River to Utica, and theuce
via Syracuse to Buffalo, with a branch from a
pointon its main line near Cornwall Landing to
Mlddletown aud with branches to the cities of
Albany and Rochester, together with ail and singtilor the lands, tenements, rights of way, ties,
structures, fixtures, turntiiblea,
tracks, rights of trackage, contracts for trackage, rights general and special now owned or
held by said Railway Company or bv said Receivers or which said Railway Company owned
or held on the 5th day of August, 18.S1, or at any
time thereafter, provided the plaintiff has not
duly released the same from the lien of said
mortgage or deed of trust, or which said Horace
Russell and Theodore Houston, as Receivers,
have acquired since the date of their appointment, aud also all the lands, tenements and hereditaments, and all easements acquired or appropriated for the purposes ol said railway and
Its several branches or either of them, and all
easements thereunto belonging or lu any wise appertaining, and all railways, ways, righu of
way, depot grounds, tracks, sidings, turnouts,
bridges, viaducts, culverts, fences, and other
structures, depots, station-houses, turntables,
water-tanks, aud other flxtiu-es, car-houses,
freight-houses, wood-hou-ses, w-arehouses, machine shops, store structures, buildings, erections
and fixtures of every kind aud nature whatsoever : lands under water and preemption rights
thereto, water rights, letters patent, grants of
land, or of land under water or of water-rights
licenses, permits and
privileges of transit
granted by the United Stittea of America, or
y the States of New Y'ork or New
Jersey,
or
by
any
governmental'j or
municipal
authority ;
leaseholds,
leases,
fights imder leases and under contracts, cove-

Railroad Company.
Twenty-three thousand eix hundred and one
shares of the capital stock of the West Shore and
Ontario Terndual Company now In the posseaBlon of the plaintiff.
All the right, title and interest of the defendant New York, West Shore and Buffalo Railway
Company in and to the sum of forty thousand
dollars deposited on Its account with the Bank
of Manhattan Company of theCity of New York,
to the credit of the superintendent of Publlo
Works of the State of New York, as security for
the faithful performance by New York, West
Shore and Buffalo Railway Compauy of the
terms and conditions of certain permits granted
by said superintendent for the couatruutlonof
the railroad across and along certain canals la
the State of New York, or within ten rods there*
of, together with all interest due and to grow
due thereon.

rails, bridges,

nants ano agreements, terms or parts of terms,
now owned or held by said Railway Company
or by said receivers or which said Railway Company owned on the 6(h day of August, 1881, or
at any ime thereafter, provided the plaintiff has
not duly released the same from tlie lien of said
mortgage or deed of trust, or which the said

WaU Street, New York City.

Unction ^n\c9.

STOCKS

$l,04)0.(i(>0

600.(IO».

.

SOUND INVESTMENT BONDS furnished

to Sa-

inKS Banks, Insurance Companies, Executors anc
Trustees of Estates, and individual investors.
UNITED STATES BONDS, State Bonds, Municipal Bonds, Railroad Bonds, bouKht and sold.

DEFAULTED

and

BONDt.

of States, Municipalitle
Kailruad (Companies nefiotiated or collecttd.

CALL AND TIME LOANS made on

United Stale.

Bonds and nood Municipal and Railroad Bonds.

FINANCIAL AGKNCY

for railroad companies am
Will also conduct the reorifani

other corporations.

latlon of railroad companies and other corporation^
whose bonds aro in default or whose property Is ii
the hands of Receivers or Trustees.
RAILROAD LOANS negotiated.
Circulars on application.

T

HB

Provident Lite ScTrust Co
OF PHILADELPHIA.
In corporated
Third

.Vo.,

CAPITAI,

2ad

Isiio

S!l,000,00«i

ASSETS $13,621,530 03.
INSnuKS LIVBS, GRANTS
Rie
CEIVES MONEY ('N DEPOSIT,ANNITITlirs
retun'Ibl^ in d""
mand, oi-on which Intercm Is ahowed.and
is emSow
TOR ¥l irsTl "f' tT, i=i5fi;'F3"'/LA"MlNIsAA.
Mlllf.t, KKt-LIVt-U, AGENT, etc., lor the
faith
Jul penoi-nuince of which its ciplta
•- -a. oiiu
and ourpiut
surn ui
fund furnish ample security.
'"vesimonts

are kept separate
.,A'iI;'^'/"'"'.V°''
and
apart from the assets of the company '"•"'""'^
Parties residinK abroad "troiuiij
carefully
~JiSS. H™"i''.."f
ooUected
and duly remitted.
SHIl'LEY, President.
^-^^'h,}!-:

—^
.

Vice-President.
Tay'i"ii;'v,'?'V,l^'i;
ASA
8. WING. Vice-President and Actuary.

BHIBltAN 8. JKW1ITT,

William

C.

Pres. .Iobia b Jewktt, V.Prei
Coknwkll, Cashier. '•""'

Bank of Buffalo,
CAPITAI., - ••-... 9300,000
BUFFALO, N. T.
This bank has superior facilities for
collec
Uons on all iwcessible points In the making
uSlWd SUtes
Canada and Europe.
Liberal terms eitendBdff
»"••"'»'» "
accounts of bankers and merchants.
COBUK8Pt>NDKNTS.-New York, National ghoa A
*
Leather Bank Union Bank of Lonaon,
i

reparation or rcplacenicut of the said railway,
Its several branches, or any part thereof, eras
convenient or necessary for the uses or purposes
thereof, and all rights, powers, privileges and
franchises connected with or relating to the said
railway or its several branches or any of them,
or the uses or purposes thereof ; and also all corporate franchises of every name and nature relating to said railway. Including the franchise to
operate the said railway, together with all improvements or additions made to any or
all of said
property, estates, railroads or
railways and their appurtenances by said
railway company, said Receivers or others,
and also all and every other estate, right, title,
Interest, pronerty, or thing whicli is necessary
or convenient for the use, occupation, and enjoyment of all or any of the said railways,
leases and property rights, privileKCs and franchises, or any part or portion thereof, and wliich
Is now owned orheld by sulU Railway Company,
or which said Hallway Company or said Receivers owned or held on the iith day of August,
1881, or at any time thereafter, provided the
glalntur has not duly released the same from
le lien of said mortgage or deed of trust, or
which the said Horace Russell and Theodore
Hooston, as Receivers, have acquired since the
date of their appointment, and ail right, tlOe,
and Interest of toe defendants, and each and
every of them, in and to the property hereinbefore described.
And all the property which was conveyed to
Uic said New York, West Shore and Buffalo
BaUway Company by the several deeds enumerated and set forth In the findings In this action
as acquh-ed subsequent to the date of said mortgige, whether thc^ same be specincally described
the said mortgage or not; excepting, however,such property as by said fliidtngs are declared to have been released by the plalntilt as
trustee under said mortgage.
AU the rights of defendant New York, West
HDore & BuCfalo Railway Company, under agreements made between that company and the
Pennsylvania Railroad Company.
All the rights of defendant New York, West
Shore and Buffalo Railway Company, under
agreements made between that company and
the New York, Susquehanna and Western Rail-

road Company.
"'"Mb of the defendant
iiT4il "?>"

West

bliore

and

»

New

-York,

Buffalo Railway Company
S?SS1S.'^'"""''°,''"'<'"t"<' ot lease made by the
West Shore and Ontario
Company to
New York, West Shore Terminal
and Buffalo Railway
company and New York, Ontario and Western
Company, as tenants In common, dated
S? 13th
.'i'?^
the
day of July, 188:i.
All the rights of the d ef cndant New York, West
enore ft Buffalo HaUway company under a certain aprcement made between the New York,
^^S^tern Itailway Company and the
SSiST'S.*
Morth
River Railroad Company, dated the 12th
oar of Mav, 1881, together with aU and singtilap
«U-temaales aol^dgbw or action ^tJsfjsB^Sf

kONuS

and

At Auction.
riie

UndersiEued hold

SALES

STOCKS

BEGULAK AUCTION

of all classes of

Ai\D UOIVDS,

ceivers,

Authorized Capital Stocls,
Paid In . - - .^j^ .

October 3d, 1SS6,

S.

t

Horace Russell and Theodore Houston as Rehave acquired since the date of their appointment, and also all locomotives, engines,
Bxtiu-es, cars and other rolling stock and etjulpment, and all rails, ties, machinery, tools, hiiplements, fuel and material whatsoever, all contracts and
agreements
for purchase or
lease
of
rolling
stock,
machinery, tools
and equipment, and all other propcrtv, real, personal and mlxetl, held for or in conii'ectlon with
the construction, operation and maintenance,

New York,

Dated Newburgh,

ABRAM CASSEDY, Referee.
_
Wn-LiAM A. W. Stewabt. Plaintiff's AttoraeyU0

o.v

WEDNESDAYS AND SATURDAYS.

\ORiAiv H. ini;i.LER
PINE SPREE 1,

Mo. 12

<k sow,
NEW YORK.

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