The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
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I
1
W xtmtk
AND
HUNT'S MERCHANTS' MAGAZINE,
RKPRBSENTINa THE INDUSTRIAL AND COMMERCIAL INTERESTS OP THE UNITED STATE3.
VOL.
SATURDAY, OCTOBER
61.
Htatcmoiit sliowini; ooiiilitiiin of national banks under
liolki'a cull of July IH will be fouud on puge 45a.
'
I
Comp-
Week Bndino September
1800.
CLEA RING HOUSE RETURNS.
The following statement shows the bank
weekending to-day (October 4.)
1890.
Now York
Boston
ChloKO
8t. LoalB
Hew Orleans
Otiier cities,
all cities,
S days..
day
Total aU cities for week
I
720.213,483
(hnrcs.)
haUg.)
hu»)\«U.)
661s.)
Iloston
BprinKBeld
Worcester
Portland
Lowell
New Bedford
New
+9-3
Plttsbum
+6-7
+17-8
Baltimore
14,165,1103
Washington
Wilmington,
I
Buffalo
1 is as
8,034.007
1.413.986
follows
:
723.719
1,216,815
Total Middle
Chicago
Nine Monthf.
September.
1890.
755.9i'5
Del..
Syracuse
Rochester*
$1,289,430,378
and since Jan.
111,126,882
,
Cincinnati
Milwaukee....
Detroit
1889.
Cleveland
Columbus
Hew York.
3,091,1)93,339 2,0»9,8W0,«19
Indianapolis...
Peoria
3-0.407.195
Beaton
ProTidence.
Uartford....
New
+14-5 87,874,915,281 23,909,1J33,613 +6-8
Il«.55:.930
lliiven..
gprinKUeld
Worcester...
Portland
.
7,745,831
5,63U,IH4
5,074,059
Ijowell
4,l'37.4»)
r,'<47.818
2.ti2 1,034
Hew
1.460,70'
Bedford.
330,911.607 +11-9
3,812,458,420
3,492,774.956
+06
l(fH.02 1,700
lh5.09:).300
7.737,886 tO-1
S,40),006 +4-3
5,058,801 +0-3
4,480.073 +10-2
4,754.101 +10-4
8-4
2,801,516
1,480,707 +1-2
79.I18,H10
49,718.6(1
48.417,570
43,188,694
44,229,007
87.370.985
14.955,544
74.821,84;
46,864,650
44,824,003
40.611.887
39.67 l,97t
2B.' 68.655
14,63;.75
19.435.10(1
—
Grand Rapids..
+106
432,681,981
382,038,712
277,262,597 +82
50,608,9*1 +a9b
48.483,025 +88-1
Wtlmliitcton..
299.90 1, 796
85.42».124
82,120,:a5
B.500,0a«
3.29a, las
3,388,371
ToUl Middle
440.6ia,7tia
388,539.14;
Philadelphia.
Pittsburg
Baltimore
Washington.,
Syracuse
Cincinnati.....
Milwaukee
Detroit
Cleveland
....
Indianapolis..
Peoria
a rand
Ilapids
Tot.M.West.
532,901,219
Ban Francisco.
Ij08 AnKetes..
Taooma
Erotal
Pacific
Kansas
City...
3,18'<,1S7
+6-0
Total Middle Western
San Francisco...
Portland
Tacoma
85,227.377
3,634,763,11;
-^-sa
2.758,523,734 2.663,592.024
58S.0l8.3lll
4;3.841.183
"'
565.351.4751
68,4Sa.7i»
29.621,64'
31,646,3i;
3,712,^03.413
2,436,782,063
410,815,7001
20.o87,73'.i
2,9S6.914,1S8
470,8J0,300
213,y3i,429
10.35M99
8l«,66.3,334
16,618.93
11.870,000
8,498,769
5,854 ,3:ii
2,975,656
192,867.340
110.451.400
77.036,745
60,197,174
28.167,488
17;,885.365
1)9.^40,310
02,80^,1^2
413,937,883 +28-7
4,389,816,723
Denver
Doluth
Joseph
Bt.
....
WicliiLa
Sioui city
Muines.
Lincoln
L>es
.
Topeku
Tot.oth'rW.
at.
Louis
New
Orleans..
Lonisville
Memphis
Richmoni
Galveston
Dallas
Fort Worth...
Morlolk
ToUISoatb.
Total
all
158,256,893
93,538,988
38,18'^448
30.328.072
6.357.216
8.818.917
15.632.06^
4,728,a3i
3,233,077
4,167,080
1,373,094,175
886,543,421
350.680,169
303,542.133
86.389,049
81,881,497
61,415,857
44,371,773
37,180,392
166,933,727
+190
4,931,438,353 4,880,165,435
+160
198,740,759
89,089,70.^
1,883,436,999
1
+2-3
6,220,082
4,204,373
4.818.213
4.870.398
8.398,631
1,467,905
;31,044
914.434
583.701
573,290
392,478
Louis
New Orleans
Louis ville
Memphis....
,
780,028,364
329,906,719
263,433,448
83,58^.154
80,388,977
43,704,580
28,791,398
80,217,-67
25,704,183
1,595,748,470
44,277,481,595 40,555,913,096
week ending
5i>9.091
386.714
522.629
296,416
-1-1
+881
5.8.i9.333
+3;-2
+71-6
4.867.890
8.305.693
i.543,;21
773.659
839.6'H
664,788
629,719
358,75
+897
-t-10-3
+58-0
+11-2
+9-8
+*+82-0
19,361,418
7,103,201
5,948,391
1,468,190
1,991,537
3,818.530
1,104,43;
750,500
1,043.591
18,064,738
aj 06,307
5!789.859
1,097.340
lJ(30.iI5
+72
Nashville*
1,7-28,958
+8*1
36,907,3J7
—18-4
+3-I-
+35-
2^57,688
+19-3
827,287
429,514
798,118
385,000
676,143
349,408
U*
+3)'b
5.30,000
4-3r;
+38-X
-81
40,768,026
44,273,0921
Total aoatbern
+449
29,178,946
781.099
342,202
1,159.031.128 1,010,495.178
Total all.*
New
3,783,170
3.550.150
1,398.222
1.140.501
663.361
35,307,367
Lexington
Birmingham
oatslde
4.863.3-.'3
+31*
rork.....
375,595,164
429.868,6401
+14
449,937.74
1
'Not Included in totals.
14,871,.6941 -OS
Our compilation of sales, &c., of stocks, bind?, &:., for the
1,138,480,271 +21-3 nine manths is as follows:
+14-8
+8-3
Nine months,
+158
+34 DewHption, Par
+4-8
Value
or Quantity
+40-5
-I-51-8
1-Si'9
stock
{
j5
J,'"
RR.
+14 3
Oov't bonds
state bonds.
Bank stocks
+0-2
-*^l.!
4
Sept. 27 exhibit
-Vin! miiiCu. 1999.
1890.
Value.
Par Valtu:
or QuantUu
iAver'ge
.Actual
I
priM.
58.038.917
+13-8
a
Joss of $119,570,^1 Icontrabted with the previous week, but comjpareti with week of last year there is au iiKjrease of li'7 per ceut,
rt'tunis of e.xchangfs for
W00,8>4
9.063,914
6,412.628
4,161.061
St.
3,594,026,778+^2
80.675.514
1,528.690
81,992,158
Total other Western..
+39-S
128.078.48-.
+3ri
+b'r
73,832, 3-1
57,3;2,3o0:
24.B47,015|
117,759,298
-l-l
180,l*l,7dii
Ontsldo N. Y. 1.839.140.014 1.550.676.816 +18-8 ie.602.566,314'14.846.8;9.483
The
+0 3
8,112,2-3
4.292.701
»5«,764,104
+16-2
+88-8
6
-5-6
19,939,167
328,120,i,57i:+ia-3
162,S86.',871, +30-0
115,871.,83114-1 1-1
158,570.,891,-)- 24-8
189,198..8361 +;i» 6
80,686,,80j!+23-7
49,908.,888]+iK-5
87,709,,746| +U-4
19,074,,119|+7il-8
88,478,,770 -i-;-7
19,107,,835 .( 12-2
28,356,
+133
27,831.
+11-4
+19-5
6.319,
7,686,
+13-4
+62-7
9,607,
3,483. 7231 +35-3
2,162, 147 +49-5
2,850, 113 x37-2
95,864,780
+86
8.400,84'
671,99vi,l83
tO.Ml.
+36-0
+19-7
+86
+958
+364
19,728.709
368,369,838
198,773,123
162,111,756
i90,3!0,710
191,a»5,N39
76,293,4J6
81,447,105
14,014,199
+T»
Total Paciac.
33,822,481 +16-2
19.550,317 +45-3
121,818,801 +27-8
+17-9
991.311
596,760
76,467,542 +11-5
30,309.311
33.731.972
+14-5
86,843,446
9,433,000
4,596,067
4.818,568
4.3'8,698
2,562,100
1,981.213
1,207.049
5^8,481
1,587,799
Port Worth
Norfolk
21.207.6X
97,000,035
1,800,272
Lake
Richmond
69,139,^1
114,081,431
+616
-8-9
+14-0
City*.
Salt
(iaiveston
Dallas
16,087,334 +31-3
1«,681,6»2 +20-6
6,487.416 +770
4,958.165 +38-4
142,815,781
8.179,143 +750
2,611,492 +5-8
8,805,063 +110
1.469,171 +4-7
+6-2
52 MOO
71.480,773 +9-6
8,583,610 +0-3
2,423,259 +79-8
16,7;«.8'.I9 ->-10-4
Bt.Paul
Omaha
99,504,339
....
Chattanooga
Minneapolis...
-80-4)
+l8o
+186W
14,997,125
2,048,118
1,081,440
1,1S9,986
Seattle'
4,035,877,433
-t-14-i
281,927,180
43.849,150
Chicago
Columbus.
4,19J.0!f9 1-530
2.?88.v5b +18-2
4,308,551,801
'f!??
Toledo'
Los Angeles
Total N. Eng
-tW*
888,699,598
(-70-1;
98,719,310
$1,068,815,665
220,614,711
'
(—196,
68,579,953
13,304,66)
18,001.939
2,806,009
932,957
889.90^
633,609
145.86:<,217
Sept.
(-0-8)
(+77-7:
70.388.561
15.645.601
England...
$1,050,101,406
206,102,706
$1,253,204,112
+14-0
(1,806,727)
(281,800)
(48,865,4351
(4,456,000)
101,867.405
Total
Philadelphia
The exhibit of clearings f oi
684,910,009
Oku.
P.
1880.
79.853,640
6.087,700
1,930,821
1,264.665
1.247.(91
1,151,833
1,196,981
681,838
335,144
Prorldenoe
Hartford
$941,998,439
126,8;7,209
1,819.
Wetk End't Sept. 80.
87.
P. Cent.
1889.
New Uaven
$904,238,189
days ...
5 days
cities, S
AJlelties, 1
iPer Cent.
88,019,741
e6,794,142
11,847,200
76,742,000
18,269,290
6,918,933
Balttmore
Total
1889.
New York
Satet at—
IStockt
lOotton
[Grain
(P«trol«um
4.
fG33,61(i,830
muadelplilit
SOTen
clearings for the
Endino Oetobtr
Wetlc
CLBABinas.
Bttvrm friz TtUorapK
NO.
1890.
4,
*4^^MII
!««S344181,
$4816.5.^4.1.93
bonds.'. «311.781,720 1252.875,2431 80-9
Total
. .
«2,211.300
»4.lS0,10O|
$3,471,295
l2.460.S3J, 53-9
$4,508,806 129-9
ll.llS.KXI,
$l,S90.4»i
$1016870570 $3117-269,925
~lt5334.647.915|
J89'«:oa<i-9
|3,«S).«52
'
Pr<c«.
e**
»0;«
18*4
l2.7-i).703 Hill
|l. 714,833 136-i
$5 136,633,690 $3293049,369
83-4
125,434,0001 $113,940.6;0 BOTCe.
Cotton, bis.
16.709,500 «987,ll3.14l $53-50
Grftln.bush.i 1499.1«9.200|$l 17602-3.976 tSi^o.
Volus.
t31i.231.9-25 I890.9-W.771
$;l.l50.S5u,
Pet'l'm.bblsi
Total Talnel
I
llfl-6
§8.690.-82
AO€rtt
Actual
MO
364,301.000, f.-V2r.«08,o|l 89
I
If«<>
18.153.in<;
I
1.09T.9SJ.682
t8H.'3«.888 7Sg-So.
|t3ril0IW,S9»'
THE CHRONICLE
434
[Vol.
U.
senting amounts either taken in the open market or
added to our quotation department
a few weeks since, and is now being given regularly every week. coming direct from Australia; the shipments to the
The addition is a full-page record of stocks and bonds wholly interior of Great Britain were £443,000, these three
or chiefly traded in at the Stock Exchanges of Boston, Balti- items together making the £963,000 loss shown in the
more and Philadelphia, each day's prices, as well as the high- Bank's weekly statement. The decrease of gold in the
est and lowest points touched in the year to date, being given
Bank of France for the yeek was also heavy, namely
in the case of the more active stocks, and the closing prices in
£507,000, and the Bank of Germany would seem
stocks.
These
active
the case of bonds and a number of less
extra tables will be found especially useful, as the quotations to have lost no less than £1,680,000, the decrease by
are all brought down by telegraph to the close of business on that institution in gold and silver being stated by cable
A new section was
J^"
Triday.
___^__^_^_____^
THE FINANCIAL SITUATION.
Notwithstanding that the ahipments of currency to
the interior have been on a very heavy scale, money has
this week been in plentiful supply and rates easy. The
explanation, of course, is very simple. As set out in
another article, the result of the Treasury operations
between the 1st of September and the 1st of October
was a net addition to the currency afloat in the chan-
as 50,427,000 marks.
This decrease is so heavy that
the accuracy of the figures is open to question. Some of
the foreign houses here think that,
ing
off
if
correct, the fall-
must represent advances to bankers
with
ernment.
tion
new conversion loan
the
was
thought
of
in connec-
the
Gov-
one
time
that
there would be this week a further advance in the
It
at
Bank of England minimum rate of discount.
As the governors made no change on Thursday, it is
presumed that the situation is less urgent than it was
nels of commerce of about 58 million dollars. The a few days ago. This view is also supported by a
effect of this heavy outpour is seen in last week's slight easing up in the rates of discount in the open
oank statement, showing a surplus above the 25 per market in London, which yesterday were quoted at 4^cent requirement of $14,075,400, as against a deficit on
September 13 of $3,306,925. As the statement must
have been made on rising averages, the probability is
that the actual condition of the banks was even better
than indicated by the figures. This week the supply
from Treasury sources has been much smaller, while,
as already said, fhe shipments to the interior have been
very large. In fact, these shipments have been larger
than in any other recent week, the demand coming
from all sections South, West, as well as near-by
points.
One bank alone shipped $1,350,000. Under
the circumstances, and bearing in mind that the pension payments have now in large part got into circulation, and that the available balance in the Treasury
ias been so largely reduced, it may not be wise to
count too confidently upon a continuance of the present
extremely low rates. Indeed, with foreign exchange
-quotations close to the gold-shipping point, it can
hardly be desirable that these very low rates shall continue, for under the great demand for gold in London
and other European centres, and the high rates for
—
@5
per cent, against fractionally higher figures early
in the week.
At
cent, at Berlin
Paris the open market rate
it
is
is 2| per
per
cent
and
Frankfort
at
4f
4f
per cent.
Our
foreign exchange market has been very strong
week, and rates for sight sterling have advanced
2^ cents per pound since last Friday. The market has
of course been influenced by easy money here and
higher discounts in London. At the same time there
has been a scarcity of bills. The drafts against cotton
shipments are rather light at the moment, while there
are very few bills indeed against breadstuffs exports.
The demand has been rather active, the call being chiefly
this
and cable transfers, in part to cover loan
put out in August during the stringency in money.
On Monday Brown Bros, advanced their rates to
4 81^ for long and 4 86 for short, and this was folOn Tuesday there
lowed by all other drawers.
was a general advance to 4 82 for long and 4 86^
for
short.
On Wednesday Brown Bros, posted
4 87 for short and the other drawers also advanced to
money prevailing there, the inevitable effect must be to the same figure, with the exception of the Bank of
take gold from this side.
British North America, which posted 4 82^ for 60-day
The range for money on call, as represented by bank- and 4 87^ for sight. On Thursday those latter rates
ers' balances, has been 6 and 2 per cent, the average we^p adopted by all the bankers.
Yesterday there was
for the week probably being about 4 per cent. Ee- another advance, this time to 4 83 for long sterling
newals have been made at 5 per cent. Some of the and 4 88 for sight. Brown Bros, alone keeping the
banks and also some of the trust companies have ob- 60-day rate at 4 82i.
tained 6 per cent, but the majority have loaned at 5
If bank clearings are any guide, the volume of trade
per cent on good collateral. On time the supply of and business still continues of very large i^roportions.
money offering has not been very large, most lenders We have this week compiled the figures for the monJ;h
evincing a desire to keep their funds well in hand. of September, and the aggregate shows a gain over the
The demand is good. Bates have been maintained at corresponding month last year of 681 million dollars, or
€ per cent for all dates from sixty days to six months. full 16 per cent. Outside of New York the ratio of
There is a fair inquiry for commercial paper on the gain is even heavier, being 18*6 per cent, the amount
part of our city banks, but the purchases are not large, of increase being 289 million dollars. In part this
and rates remain unchanged at the quotations given exceptionally heavy gain is the result of the fact
last week.
that there was an extra business day in the month
In Europe money rates remain high, and further this year, there having been five Sundays in Sepfor sight sterling
bills
by all the leading tember, 1889, but only four Sundays in Septemgain
in
the
by the Bank of England is stated at ber, 1890.
It is also true that
i;9G3,000, and while this in part reflects a demand from the month last year was not particularly heavy,
the interior of Great Britain, on the other hand the having been 2-4 per cent with New York included,
export shipments have also been heavy.
In fact, a and 5-3 percent without New York. Still, even allowspecial cable to us states that no less than £700,000 gold ing for these circumstances the result must be considwas sent to Portugal and the Cape of Good Hope, the ered very favorable, especially if we bear in mind that
imports of the metal being only £180,000 and repre- in many other recent months the increase had been
heavy
banks.
losses in bullion are reported
The
loss
.
OCTOBKB
relatively
i,
THE CHRONICLBL
1890.
small.
With oao exception, namely May,
the totals for September make the best comparison of
any month this year. The following gives the figures
for each month.
It will bo observed that for the quar-
ending with September the gain, taking
cities, is only 9-3 per cent, which shows how
bettor than the average the September result is,
ter
all
the
much
MONTHLT OLBARDIOB.
OUarintt Outtidt
Oltarinot, Tbtol Att.
Ntw
P.CU
1890.
4.825,197,810
January.,..
6,325,831.394
Kobnuu-y
4.«oo,ge9,«M: «,17«,812,8ia
4,6S8,341,1U1 4,503.557.78.'5
MatcU
.
...•
-Ilat quart«r 14,215,105,379 13,503.568,460
+8-8
+8-4
1.051,432,984
1.755,403,035 +11-2
1,579,509,948
1,470,8H2,«2»
+r9
1,706.420,001
1,813,700,,V)4
6,290,363,833
4.648,970.208
1,840,360,371
1,593,073,860 +16-9
2.037,641,389
l,714,51ii,357
+6-8
l,873,755,3,'i6
JUy
5,826,074,131
4,343,088,929 +9-8
4,791.806,496 +21-8
Jaue.
5,032,307,411
4,712,485,117
quarter.. 15,ti28,473.080 13,860.950,542 +12-8
6 months... 29,843,038.469
li7,354.618.992
4,767,435,912
4,642.802,891
4,734,973,871
4.308125.778
September.
2
+18-8
1,041,117,832+14-8
5,757,847,075, 4,940,304,0451+16-3
+9-1,11,054,010,908
14,433.813,138 13,201,394,104! +9-3
mon lhgl44,277.481,595 40.555,913. 090
9
+9
9,708,280.313] +13-0
+2-7 1,034,278,889 1.738.148.840 +11-3
+9-9 1,774330,523 1,689,076,114, +13-7
4,931,433.353. 4,250,465,435 +10-0 1,839,440.014 1,850,575,210
July
August
Sd quarter.
+91
+8-3
4.770,031,538
Sd
+6-8
I
Aprir.
4,848,390,170
14-4
+9-2 16,602.560.3H 14.646.679.483
13-4
5.548.555.400
month. Ilcnce the benefits to result from that
cironmstance must be looked for in later returns.
The Chicago Milwaukee & St. Paul appears to bay©
done relatively better than any of the other Western
lines, as with $109,997 gain in gross
earnings, nek
earnings have declined only tl9,840.
The Union
Pacific, with 187,237 increase in gross, loses
$248,737
in net.
The Burlington & Quincy has lost in both
the
gross
Fork.
436
and net— $220,489
The
the latter.
in the
former and $331,501 ia
Illinois Central increased its gross
$18,941 but diminished net $158,013. The Canadian
Pacific was able to enlarge gross $72,366 but its net is
$15,173 less. The Cleveland Cincinnati Chicago & St.
Louis, which in previous months had such strikingly,
favorable exhibits, also reports quite a heavy falling off
in net this time— $44,187— as a result of heavier
expenses.
The Louisville & Nashville has $69,661
gain in gross and $58,900 loss in net.
But it must not be supposed there are no favorable
returns.
The Erie may be mentioned as a road which
in August lost in neither gross nor net, making a small
increase in both.
Some of the bituminous coal roads
Ex- have also
done quite well. The Norfolk and Western
change speculation at New York, though the Septemshows $07,314 increase in gross and $8,723 in net, and
ber transactions were a little heavier than those in either
the Chesapeake & Ohio reports gross enlarged $89,125
August or July, they were yet quite small, and not up and net
enlarged $19,865. The Western New York &
to those for September, 1889.
In other words, 5,141,Pennsylvania has greatly reduced its expenses, so that541 shares were sold in September this year, again st
though it lost $28,735 in gross earnings the net is
The following is the table. 129,576 better than
5,643,133 shares last year.
for August last year.
The Colum8AI.Eg OF STOOKg XT TUB NSW YORK STOCK EXOHAKQB.
bus Hocking Valley & Toledo for July reports an in1890.
1889.
crease of $52,334 in gross and $36,670 in net, and the
FatuM.
Jfonth. Number
Number
Wheeling & Lake Erie for the same month enlarged its
of Shan:
0/ Slara.
Par.
gross $27,446 and its net $17,449.
The New York &
New England for August also has a good statement,
Jan.,,. 6,353,019 546,416,800. 315,979,202 4,872,108 429,780,650 285,112.394
Feb.,.. 5,199,190; 472,192,000| 311,174,518 5.028,996 553,014,700 345.392,724
the improvement in gross being $33,287 and in net
Maroh. 4,497,653
234,407,943
As regards
the influence on clearings of Stock
383,144,126;
0,148,105
661,956,350
851,178,238
861.501,663 10,947,2111,534,751,700
981,683,356
April...
304.199.207
4,821,012
.
028,978.838
7,155,711
6,775,62t
271,623,703
420,969,966
Istqr. 16,049,862! 1,401,752.925,
6,082.477 466,455,200
May... 11,052.770 1.051.139.065
6.440.123
618.713.02S|
Jane...
32-2.129.909
441,093,400
073,794,700
033,713,260
387,720,357
2d qr.[ 21.675,379
2,030,307,290 l,2o5,.307.974 18,762,347,1,748,001,410 1,080,320,028
emoe., '37,625,241
3,438,060,216 2,118,869,637 36,699,558 3,283,353,U0 2,062,003,382
July....
August
3.004.918
4.141.606
Sept,...! 6.141,641
3d
276,741,235
382,072,315
488,382,390
qr. 12,288,064 1,157,195,940
178,683,444
250,580,605
311,310,475
5,628,483
5,062,774
8,642,132
523,891,076
483,417,175
528,192,525
738,474,524 16,333,389 1,533,201,375
(05,231,692
295,063,530
332,811,179
933,703,307
The New York Ontario & Western gains
$48,398 in gross and $24,361 in net.
The stock market has experienced further decided
depression, with a severe and general decline in prices.
$4,013.
Operators for a fall have been very active, attackingone property after another, and they have been unusually successful in their efforts.
net earnings for August by the
The poor statements of
Union Pacific and Bur-
I-
lington & Quincy were used with telling effect against;
be noticed that the aggregate value of the the market in fact, the latter stock was attacked on
sales this year in September was 311 million dollars, rumors of an unfavorable statement several days befor&
against 333 million dollars last year.
the statement itself appeared.
There have also been
We have had a further batch of unfavorable returns rumors of prospective labor troubles on some of the roads.
of net earnings this week.
In fact it seldom happens The decline has not been confined to any special clas9
that the exhibits for the larger companies are so uni- of properties Beading, Missouri Pacific, Atchison, St.
formly bad. The statements are for the month of Paul, and even the Chesapeake & Ohio stocks, having
9 mo8..
It
49,913, 305 4,595,260J.55.2,855,344.18 1 63,032,947.4,818,554,485 2,995,709,689
—
will
—
August in most cases, and as qualifying very materially latterly been as prominent as Union Pacific or Quincy.
the importance of the present falling ofE in net results In fact, the whole list with few exceptions has shared
it must be remembered that the same companies which in the depression, the close yesterday being very weak
now record losses, last year in that month nearly all had at the lowest points as a rule for the whole six days,
exceptionally heavy gains.
Taking the roads
collect-
and in many cases
at the lowest points
of the
year.
August, 1889, in the amount of increase shown Delaware Lackawanna & Western was sharply marked
was by far the very best month of the whole year. The up at one time, but the last few days it has been
decrease the present year follows in most cases from allowed to follow the general market.
Louisville <fc
heavier expenses, though a few of the roads also report Nashville has maintained its price about as well as any
ively,
The unfavorable statements stock on the list.
do not come from any particular section of the country,
The following statement, made up from returns colbut at least as regards Western roads, and so far as low lected by us, shows the week's receipts and shipments
rates are responsible for the poor returns by those of currency and gold by the New York banks.
roads, it is well to state that the higher tariffs agreed
Net Jnt4Tior
Received bu Shtpptdby
on during the summer did not count in full in the
Week EniinQ October 3, 1890..
Movement.
A'.r. BnnAs. S.r.Banla.
month of August. For instance, the advanced rates
$1,231,000 $5,812.000lI.[MS. 94.SM1,000
Correnor..
1.200.000, Lou. 1.200.000
on live stock, dressed beef, &c., from Missouri Kiver Gold
Ums. «3.781.000
«7,012,000!
$1,231,000
tenders..
Total gold and legal
points to Chicago did not go into force till the 25 th of
decreased gross earnings.
—
THE CHRONICLE.
r43B
With
the Sub-Treasury operations the result
Wuk Ending October
3,
$20,231,000 $21,512,0001lo33. $1,281,000
Total gold and legal tenders
The
Holdinsi.
$7,01 2,000 Loas. $5,781,000
ll,5OO,O00'Gain. 4,500,000
$1,231,000
18,000,000
•Banks' interior moTement,a8 above
Gat>- Treasury operations
Bank
Banks,
amount
following table indicates the
bullion
of
and
this week,
in the principal European baaks
at the
-corresponding date last year.
October
OctoUr 8, 1890.
B^nks
of
Gold.
Sillier.
Total.
Gold.
£
£
£
£
20,080,685
20,080.685
50,235,000'50,164,000 100,383,000
BiDSland
-France
Germany*
a8t.-Hnng'y.
Netherlands...
Kal. Belgium*
ai,157,100'l2,0-8,550
i,8io,ooojie,6a2.ooo
5,842.000
4,812,000
1889.
Total.
£
19,743,883
19,743,268
62,770.000 50,483,000 103,253,000
25,826.687il2,813,33S
38,440,000
81,332,000
10.154,000
6,429,000!l5,835,000
81,294.000
5,502,000
9,034,000
11,538.000
4,258,000
8,536,000
1,833,000
8,789,000
Tot. this week 106,933.785 35,616,550 192,410,335 111,595,939 88,457,333 198,053,863
nrwv.iT't. 110,164,192'86.601.333 193.765.525 114,425,251^87,499.333 801.984.584
<pr,t
At the moment, the first
and debt statements command
chief attention, for by them we can measure the success
of the extraordinary efforts made by Secretary Windom
during the last few weeks to get cash out of the Treasury.
Unlike the result in the previous month the outflow of money from Government vaults has been fully
of October Treasury
proportionate to the efforts
made to reduce
the holdings.
During the month the Government redeemed $24,664,350 of 4i per cent bonds and $17,635,600 of 4 per cents,
86,235.630
1,419,000
2,839,000
3,
Silver.
U.
This relates to the future.
is:
mt dhinije in
Oat of
Into
Ban}^.
1890.
[vroL.
» The division (between gold and silver) given In our table ol coin and
bullion in tlie Bank of Germany and tlie Bank of Belgium is made from
tbe best estimate we are able to obtain; in neither case i.s It claimed to
be accurate, as those banks make no di-^tinotioa in their weekly returns,
merely reporting the total gold and silver, but we believe the division
we make is a close approximation.
Note.— We receive the foregoing results weekly by cable, and while not
•U of the date given at the head of the column, they are the returns
tasned nearest to that date—that Is, the latest reported figures.
or $43,289,950 together.
also disbursed $4,534,190
It
premiums on the bonds purchased and $13,410,001
for interest, making a grand total of over 60 million
dollars.
To this must be added very heavy payments
for pensions.
We pointed out in these columns two
weeks ago that considerable money was still to come
in
Treasury on accounts already recorded
and we have frequently directed attention,
to the fact that, according to Treasury methods, the
expenditures so-called in the monthly statements do
not mean expenditures in the sense that cash has been
paid out. They frequently represent amounts placed
out of
the
as disbursed,
The Assay Office paid $373,353 through the Sub- to the credit of disbursing officers, to be disbursed by
Treasury for domestic bullion during the week, and the them in a subsequent month. We have striking conAssistant Treasurer received the following from the firmation of the correctness of these views in the presCustom House.
ent monthly returns.
According to these returns the
OontiitiHg of—
" expenditures " for pensions during September were^
Dulia.
OaU.
Qold
Silver Oer- all told, only $37,709, whereas the Assistant Treasurer
U.S.
(told.
Noiet.
(980
320
2.
$950,943 98
364,702 91
583,594 40
1,162,007 22
1,080,630 96
795,892 05
1,845
1,853
Total.
84,937,771 52
$7,075
«ept.26.
" 27•'
29.
«•
30.
Oct,
1.
"
tiflcaUt.
Oertiftc'i.
9,850|
$53,100
58,350
59,600
98,510
48,120
61,850
$9,700
6,850
4,950
12,100
6,750
5,850
$59,450
$379,530
$46,200
$8,650]
10,350
8,750
12,100
9,750
1,230
845
Included in the above payments were $1,753 in silver
«oin, chiefly standard dollars, $4,383,816 57 in checks
drawn against gold deposited in the Sub-Treasury, and
^133,230 in new Treasury notes.
LAST MONTH'S TREASURY RESULTS.
With the adjournment of Congress, the passage of
the appropriation bills, and the enactment of a new
tariff law, calculations as to the probable effect and
tendency of Treasury operations for the remainder of
the current fiscal year will have to be made on a new
No
Tlasis.
what
one has ventured
the final outcome of the
since there are
to
new
predict,
legislation
however,
is
to be,
here in
New York
alone paid out over ten million
during the month.
Except for these heavy pension payments on
" disbursements " in the months preceding, the Treasury holdings of cash would not have diminished to the
great extent shown below, notwithstanding the large
amounts spent for bond pui'chases, prepayment of interest, &c.
For the ordinary expenditures of the Government have not been running high, while the receipts for customs duties and internal revenue have
been very heavy. It is to be noted that the act of July
14, covering the national bank redemption fund into
the Treasury, has introduced a new item in both the
receipts and disbursements ; amounts which come in to
the credit of that fund now form part of the receipts,
while amounts that are paid out in retiring the notes
form part of the disbursements; In seeking to get at
the month's revenues therefore we must allow for that
extra item.
Taking it out, however, we still have for
September total receipts of $36,783,334, against only
dollars for pensions
many
$31,416,291 in the corresponding month last year,
being an increase of over 5J million dollars. The
well to bear in mind that the reduction is chiefly in bulk of the increase is in customs receipts, but
sugar and tobacco, and that the parts of the law re- internal revenue also shows over a million dollars gain.
ferring to these articles do not go into effect immeStill
Government holdings of cash have been
diately.
The reduction in sugar of course transcends diminished in a most notable manner. The net baleverything else. Hence it is important to know that ance of gold alone has been drawn down almost 38
the provision respecting the importation of sugars is million dollars, while the silver balance has been
problem.
uncertain elements in the
As far as the revenues are concerned, it is
so
not to become operative
till the 1st of next April,
granted the privilege of refining
in bond on and after the 1st of March. The clause
repealing the special taxes on dealers, manufacturers
diminished over 9 millions, the amount of legal tenders
about 5 millions, and all the other kinds of curreduced.
Altogether the
rency have also been
Treasury held about 55 millions less of cash on the Ist
and
of
though
refiners are
peddlers in tobacco does not go into force
Ist of May, but the
new
till
the
October than
it
so held
on the
Ist of Sejttember.
To show the full extent to which circulation in the
come operative the 1st of January. While, as already channels of commerce was increased during September,
said, no one is inclined to hazard predictions as to the the amount of new Treasury notes issued against purfuture, the general disposition is to think that when chases of silver must also be included, while allowance
all the provisions of the new law are in operation there must likewise be made for the retirement of national
taxes on tobacco and snuff be-
will be a closer correspondence than heretofore be- bank notes in the same time.
tween the ordinary disbursements and the ordinary the changes in these items
receints of the Government.
holdings are indicated.
In the following table
as in Treasury
as well
I
—
OorobBB
THK CHRONICLE.
1890. J
4,
amount required for that purpose there \% a deficiency
on the operations of the three months of 100,a,'>7. lo
the corresponding quarter in 1889 there wat a »urplu«
of $52,314, and hence the conclusion has been drawn
that the loss on account of the strike is little more than
-1800.Ifel nolilinga
Srplr.mbrr
hy r/r(»»«rer.
1.
$185,837,581
Gold col" null l»illlon
16,740, 5;)5
Silver coin niKl Imlllou
2,233.100
V S. Trt>«»iiry iiotos. act July 14, 1800....
il
notM
U'lulcr
i>iml
Ortobfr
1.
$147,08 1,7:)2
6.SIH>.21'^
OtW.ftOO
."5,775,200
10,573,710
4,020,.') 11
5,063,227
22,077,020 ^ 20.708.253
bimlc noted.
Kruelloiml silver
$150,000.
But the surplus last year was after paying
a IJ per cent dividend, while the deficiency the present
year exists after allowing for only one per cent in
TotBl GoTcriim't omU In Siit>-Trea«ury. $241,534,782 *180,608,500
Von by B»l)-Tr««miry nnd gain to commerce since Sept. 1. $51,830,282
Silver bullion cortlllcntea liisuod under act
$4,460,000
July 14. 1800, diirlu(c8opt«mher
1.408,433—
3,051,567
National bank notes re tired "during Sept...
(lain of
currency to commerce during September
Thus the uet addition
487
dividends.
The changes in gross and net earnings,
a better guide.
$57,887,840
Here there
is
a
loss, as
therefore, offer
compared with
the corresponding period last year, of $615,201 in the
and of $496,694 in the case of the net.
to the stock of currency afloat
A
during the month was over 57J million dollars.
statoinont prepared by the Treasury officials makes the
increase in circulation even more than this, or 63 mil-
case of the gross
But
this loss
may not
be the result of the strike
all
would have fallen off any way to some
There could be no more forcefnl com- extent. The comparison is certainly with heavy totals
lion dollars.
mentary on the power and influence of the Treasury last year, as is evidenced by the fact that net earnings
As compared
Department as a factor in the money market, under then showed an increase of $430,397.
exiating laws, than ia offered by the magnitude of this with the September quarter in 1888 net earnings now
-change in its holdings in the period of a single month. are only $66,000 less, but gross earnings are about
Whatever the exact loss on account of
The net available cash in the Treasury is now reported $360,000 less.
as only *i59, 791,350, against $107,397,677 on Septem- the strike, it would appear from these various figures
ber
the
1,
total
pcssibly earnings
currency held being that the cost to the company has not been very heavy,
Doubtless, stockholders would
In reality the Treasury balance all things considered.
quite so much, since the amount has have been willing to boar a much larger loss for the
of
fractional
included in each case.
has not fallen off
been
reduced
to
the
figure
sake of the principle af stake.
given by counting as
As there is a deficiency for the late quarter below the
amount
required for the one per cent dividend, it is
disbursed on bonds not presented under the Depart-
a current
liability
$12,559,325 of interest yet to be
offering to prepay a year's inter- assumed that there is no likelihood of an extra diviBut in the other
were
not so counted,
the avail- dend such as was declared last year.
able balance would be $72,350,675.
AYhether the quarters the company had a considerable surplus ahove
ment circulars
lest.
If
this
the regular dividends, the returns also showing decidis to come out depends of
upon whether the holders of the bonds choose to edly better results than in the corresponding periods of
In the nine months ending June
-ent them and draw their interest before maturity, the year preceding.
iiposing it will come out, the further fact deserves 30, 1890, earnings were sufficient to meet the 3 per
cent dividends for that period and yet leave a balance
|to be recorded that the amount to the credit of discing officers' accounts for October 1 is only $31,- of $585,874, the balance for the same nine months in
1889 having been only $11,044. Even if wo take the
,,.r67, against $-19,093,882 on September 1, the fallmonths ending September 30 (thus including
twelve
ing off reflecting the heavy pension payments during
the
poor
results for the September quarter in 1890) a
the month.
As regards the purchases of bullion, eviThe call for a half per
lently the Department now has the new Treasury surplus of $484,917 remains.
lotes in denominations to suit the public.
On Septem- cent extra dividend would be $447,141. In other
lerl, it will be remembered, out of $3,609,000 of the words, for the year ending September 30, 1890, notlew notes issued $2,233,100 had come back to the withstanding the strike, income accounts ^how 4*54 per
jQvernment. On October 1, however, out of $8,069,- cent earned for the stock and 4 per cent paid. It must
be remembered, however, that results for the Septem)00 issued, only $962,500 were in the Treasury, $7,106,ber quarter are estimated hence the figures given may
)00 thus being in circulation.
Last year the extra divibe modified by later returns.
dend was not declared till after the actual results for
^-^£•1^' YORK CENTRAL STATEMENT.
the year were known that is, not till December.
The Xew York Central having changed its fiscal year
It is interesting to note that though the strike
oas to end June 30, instead of Saptember 30, this week reduced earnings, the total of the gross for the twelve
nado its report for the new period. Full statements months ending September 30 is larger than for the
ire presented to show both the results for the nine
corresponding twelve months of any other year, reachnonths to June 30 (this covering the time since the ing $36,393,202.
For the twelve months ending Juno
ast report) and those for the twelve months to the 30 the amount is still heavier, or 37 million dollars,
ame date, very elaborate traffic statistics being fur- but the other total is preferable, because that covers the
lished for both periods.
In addition, we have the fiscal year in the old form and allows of comparisons
isual estimated return' of gross and net earnings for
with the returns of previous years. Net earnings of
he September quarter, with approximate totals for the course are far from being the largest on record, but are
^welve months ending with September to correspond
better than for either of the two years preceding, and
lath the old fiscal year of the company.
The
also better than the average for a series of years.
Perhaps more interest attaches just now to the state- ratio of expenses to earnings for the year to September
JMnt for the September quarter than to the pamphlet is almost 67 per cent (66-97), at which figure it has
Jjport to June 30.
The strike which prevailed in that been exceeded in only one other year, namely 1888,
uarter makes it important to know the effects of that
when the proportion was 68*15 per cent. In that year
vent on the company's income.
The usual one per it was specifically stated that over $2,700,000 had been
eat quarterly dividend has been declared, and the
spent for improvements and betterments and included
latement submitted shows that after allowing for the
n operating expenses. This year the amount so spent
13| millions in question
I
course
;
—
!
-
.
THE CHROJVICLR
433
[Vol. LI.
assuming freight for 1890 was 2,216,980 tons, against only 1,886,is
535 tons in 1888; but the amount of this going north
of
that because of the strike the
that
and west was actually less for 1890 than for 1888 that
find
yet
be,
we
than
it
otherwise
would
heavier
So with the
even for the twelve months ending June 30 the pro- is, it was 460,650 tons, against 403,086.
local freight, 13,991,471 tons altogether were moved in
portion was high 66 "18 per cent.
The report says that the policy of improving the 1890, against 13,151,966 tons in 1888, but the amount
general condition of the property by additions to roll- going westward was only 4,845,519 tons, against 4,972,is
not given,
biut
must have been
large, for,
ratio
expenses
—
—
ing stock, enlargements and betterments of stations
and terminals, etc., was continued, and a portion of
the cost included in operating expenses. But it also
956 tons.
How, then, are the increased train earnings to be
accounted for? The train load has been very greatly
In 1888 the average number of tons of-)
calls attention to the fact that a "special equipment" increased.
account has been created to which the balance of ex- freight per train mile was only 206 ; in 1889 it was
penditures for these additions and improvements (and increased to 225; and now for 1890 there has been anot included in operating expenditures) has been further increase to 248 tons. Looking next at the
i
We
informed that this
diminished by deductions from income
in the sum of $300,000 annually. On June 30, 1890,
this special equipment account amounted to $1,451,776.
charged.
account
is
are furthermore
to be
freight train mileage,
decrease, only
we
find
steady
a
and large
11,997,764 miles having been run ia-
1890, against 12,455,897 miles in 1889 and 13,124,01^
As in the same two years the volume
miles in 1888.
and net earnings, charges, &c., of traffic greatly increased (2,973 million tons
for the twelve months ending September 30 in each having been moved one mile in 1890 against 2,705
million tons in 1888), the fact that the company was
year since 1871.
able to do the heavier work with a smaller train mileInterest
SurpIUI
lear
Vet
and
Gross
Net
age is quite remarkable, and of course explains the
or
ending
Dividends.
ProM.
Earnings. Earnings. XUntals.
DeMit.
Sep. SO.
improved earnings per train mile. In the case of passengers no such result was possible, since the public
P. at.
$
t
t
t
»
t
+727,039
1,102,368
7,071,871
7,244,838
9,134,239
(8)
187Z.... 28,580,675
insists on more frequent trains and increased service.
Below we give
gross
.
(8)
7,136,790 +2,336,267
3,548,784
9,523,067
9,713,355
(S)
11,765,110
4,425,915
7,339,105
(8)t
7,136,885 +2,576,470
7,136,679
+202,516
28,046,588
11,622,418
4,709,340
7,213,070
(8)
7,139,528
26,579.086
11,632,924
4,689,577
6,943,347
(8)
7,140,659
28.910,656
12,774,678
4,736,132
8,038,446
(8)
7,139,528
28,396,584
12,273,611
4,6«,025
7.594,486
(8)
7,139,528
83,175,913
15,326,019
4,756,799
10,569,220
(8)
7,141,613 +3,4»7,707
82,348,89!
12,883,610
4,990,783
7,892,821
(8)
7,138,343
1882....
80,828,781
11,232,807
5,488,903
5,743,1104
C8)
7,115,513 -1,401,609
1833....
33,770,722
13,020,128
6,692,972
7,327,150
(8)
1884....
10,299,356
8,110,069
6,630,696
4,6BS,76(.
(8)
7,148,132
+179,024
7.159,844 -2,490.884
188S....
28,148,669
24.429,441
6,933,727
2,178,34i!
1886....
30,506,361
11,89S,8M
7,245.835
4,650,099
(4)
3,577,132 +1,073,967
1887....
35,297,058
12,908,432
7,760,924
5,147,50^
(4)
1888....
38,132,920
11,506,582
7,831,463
3,676,119
(4)
3,577,132 +1.570.376
3,577,132
+97,987
1889 ...
1890'..
35.696,236
S8,393.20a
ll,f 85,693
7,868,061
(4«)
12,01(1,679
7,957,5W
4,117,632
4,082,049
1873....
29,126,851
11,484,863
1,961,806
1874....
81,650,SS:
13,362,089
1875....
29,027,218
1876....
1877....
1878....
1879....
1880....
1881....
'
+73,548
-197,312
+898,918
+454.958
+764,484
cents, against 33 cents.
EGYPT UNDER BRITISH RULE.
-953,648
(3K) 1 3,129,990
(4)
So passenger train mileage for 1890 was 9,886,229,
against 8,117,395 in 1888, with the effect of leaving the
passenger train earnings per mile only $1 10, against
$1 35, and the profit per passenger train mile only 24
+98,368
+481,917
4,024,274
3,577,132
Partly estimated.
In this year 10 per cent altogether waa paid. As, however, there
no Increase intherateof dividend, the ajjgregate distribution being
larger simply because of a change in the dividend periods from semiannual to quarterly, we have allowed only for the ordinary 8 per cent,
J In this year the method of charging dividends was changed, the
October, 1884, dividend of l^a percent, which under the old arrangement would have come out of the 1884-5 earnings, being charged to
8Coumulated income, and the next four quarterly dividends, aggregating 3 >a per cent, charged to the 1884-0 6!
since then been regularly pursued.
was in the month of September, 1882, that th*
battle of Tel-el-Kebir was fought, that the pro-Turkish
and reactionary uprising conducted by Arabi Pasha
It
was put down, and that the British Government assumed
t
-yfHB
The Dual
control of the affairs of Egypt.
as it
was
called, according to
jointly exercised a species
Control,
which France and England
of guardianship
over the
Nile Valley, and which had lasted for several years,
then came to an end. England had been left by France
Though expenses continue high (in part for the rea- to deal with the rebellion alone; and when it was put
sons given), an examination of the traffic statistics down she very wisely kept the power in her own hands.
discloses some evidence of good railroad economy. Tak- She had reason to do so, but experience has shown that
ing the results for the twelve months ending June 30, had she been less modest in her demands she might
the average rate received per ton per mile for 1890 is have retained control under a more agreeable, and
0"76 cent, which compares with only 0'74 cent in every way more satisfactory, arrangement.
This last, however, is not the question which
1889 but with 0-79 cent in 1888. In the face of these
figures, it
is
quite noteworthy that the earnings per
freight train mile should have steadily risen
—from
11-62 in 1888 to $1-67 in 1889 and to $1-88 in 1890.
The
now propose
to
consider.
The commanding
fact
in
we
ia
that for eight years Egypt has been under British control, and the question which most concerns the outside
world in connection with the subject is. What has
being 55 cents for 1890, against 39 cents for 1889 and been the effect of that control ? Has it been for the
41 cents for 1888.
We supposed at first that this good of Egypt or has it not ? This question has been
improvement had been attained in great part as the very elaborately answered by an experienced corre-
profit per train mile has also very greatly increased,
approach of the movements of freight spondent of the London Times, in a recent issue of
On the Central the volume of that paper. For the benefit of the readers of the
freight going east and south always very largely exceeds Chrokicle we propose to reproduce in a general
that going north and west, which means that a great way some of the facts which he gathered and
many cars have to be hauled back empty. With the some of the impressions which he received during
result of a closer
in opposite directions.
disproportion between the east-bound and west-bound
the course of a recent
freight diminished, the effect on train earnings would
many
of course be very marked.
Pharaohs.
But
not appear to be what happened.
So
far indeed from the disproportion having been diminthis does
visit
to
the ancient, and, in
and interesting land of .the
That the writer has at least some of the
respects, attractive
qualifications necessary to enable
him
to speak with
on a previous
authority, it may
from 1873
country
the
ished, it has been increased, and this both in the case of occasion he lived constantly in
through freight and of local freight. Total through to 1883.
be well to state that
OcrroBXK
THE CHRONICLK*
4, 1890.J
to the question whether English occuhas
boon
a benefit to Egypt, the answer is given
pation
but we are told that a mere afSrmaaflirmative
the
in
;
Great good has
tion would not cover the whole truth.
With regard
489
Thpre can be no doubt that under wise manageiDent
Egypt lias a better future before her. The product* of
the
soil
can be multiplied indefinitely.
All that is
wanted to this end is the careful husbanding and
been done, but the full effects of British management judicious and impartial distribution of the waters of
arc not yet visible, and but little of the improvement the Nile.
would last if the good work were abandoned. This is
LOUISVILLE di NASHVILLE REPORT.
Eome was not built in a day,
intelligible language.
diflBcult
sometimes
even
more
In the growth and prosperity of the Louisville &
and reconstruction is
than the original rearing of the edifice. As evidence Nasliville, so strikingly shown in the present annual
of improvement our attention is called to the general report, we see an illustration of the wonderful induscondition of the people the peasants or fellaheen. trial development and advancement which the South
Before 188"-i they were almost to a man burdened with Jias made in recent years, and is still making. But the
success attending the operation of this great railroad
debt the usurer was the only rich man in the village
and the collective indebtedness was counted by millions system is also an evidence of the energy and skill of
Now these debts are paid and the trade of those who have been guiding its fortunes, for it ia
sterling.
They wear better clothes they almost needless to say that without intelligent and farthe usurer is gone.
The change is strikingly mani- sighted management the property could not have been
live in better houses.
in default of
fest in Cairo and in Alexandria, but not there only. raised to its present favorable condition
In every country town and village the building trade such management it must inevitably have succumbed
is thriving ; and the outskirts of the two great cities to the encroachments of rival systems.
is
with
generally
dotted
Delta
and
the
For many years the great expansion in traffic and
tastefully-constructed
country income of Western roads was one of the marvels of the
comfortable,
cosy,
houses.
time.
A comparison of results on the Louisville &
This is satisfactory evidence enough, so far as it Nashville for a series of years furnishes a no less wonBut it is not all. The taxes, heavy as they are, derful record of growth. The system of course has
goes.
The army has been reduced to been greatly extended in recent years, and counting the
are fairly collected.
10,000 men. The conscription is impartially con. lines controlled through stock ownership or leased
ducted, and the price of exemption from military duty jointly with other companies, the total extent of road
has been reduced to one-fourth of the old amount. now is 4,106 miles. But the earnings and expenses in
Forced labor has been completely abandoned, and the the report are based on an average of only 3,198 miles
—
;
;
;
—
peasant
is
now paid
for cleaning the canal of his dis-
(results
for the
rest of the mileage
being separately
—a
change which has been attended with the stated), and on that basis there has not been
This makes
happiest results. Promiscuous flogging, by means of a very large increase in mileage.
disclosed
all
gain in earnings
\vliich in former times all taxes were collected, all the
great
the
In the fiscal year ending June 30,
recruits obtained, and all order maintained, is now more noteworthy.
ictly forbidden.
The native courts, formerly a 1881, on an average of 1,840 miles operated, gross
-word for corruption and bribery, are characterized earnings were less than 11 million dollars ($10,911,650);
exemplary honesty and fair dealing. One of the now, for 1890, on an average of 2,198 miles, they are
In the late year
jiain causes of this external and visible prosperity is almost 19 millions ($18,846,004).
lue to the better management and husbanding of the alone, with only 37 miles increase in extent of road
^ater of the Nile in the main canals.
The distribu- operated, gross earnings were added to in the sum of
In the case of the net there has
ion of the water, in times gone by associated with 2\ million dollars.
neat injustice, is managed with perfect fairness. been an increase over the year preceding of more than
':^very landholder, whether pasha or peasant, gets his a million dollars, and the total of $7,426,911 for 1890
lare, and no more than his share.
Those who knew compares with only $4,198,518 in 1881. Earnings for
as Egypt was under Ismail can understand the late year figure up no less than $8,573 per mile
^^lypt
vhat a boon has come to the country at large from this gross and |3,379 net, against only $5,930 and $3,281
ource alone.
The advantages resulting from improved respectively at the former period. And these favorable
n-igation are estimated at a financial value not under results have been attained on very low average rates,
million sterling a year.
the company having realized less than a cent per tonThere are other things which speak equally well of mile (only 0-984 cent) on its entire freight traffic in
new government. Barrages are talked of, and it is the late year.
>posed to construct a vast reservoir in the Eayoum
This great growth reflects not only the efforts to
strict.
The railroad and the telegraph are not new, develop the mineral resources along the line of the
lut they have, by the better management, been rendered road, but also the care taken to promote industrial
trict
'initely
more
useful.
Then again
there
is
the activity generally in the territory contiguous to the
In 1882 line. In studying the company's report, with its com!ie country was in a state
bordering on bankruptcy. prehensive review of work done and outlines of future
iw her credit is as good as that of most countries in work, one is struck with the large and varied requirePlans for addinope. It is not denied that she has made, and that ments of a property of this nature.
must for years to come continue to make, great tional double track, for further equipment, for newlifices.
It is only good management, prudent branches and feeders, for new connections, for improveiproved condition of the national finances.
'
uomy, careful and skilful financiering, which have ments, and for increased facilities of various kinds, are
her from insolvency; and anything in the shape noticed in nearly all parts of the report. The company
! extravagance or in the way of neglect in all smaller on June 30, 1890, had a complement of 16,353 freight
well as in all greater matters which have relation to cars, against only 10,157 on June 30, 188G, being an
le national exchequer would soon open the door for increase of 61 per cent in four years ; and yet the carnancial ruin.
rying capacity of the equipment has been taxed to the
•
I
Wed
—
IHE
440
.
CHROJ^ICLE.
I
Vol. LI.
compared with 1888 the gain is 431,065 bales, or oveii
100 per cent. There were exceptional circumstances,'
course is however, tending to retard the movement of cotton ia
The financial position of the company of
when 1888 the lateness of the crop, the unwillingness ol
in
1884,
excellent, the contrast with the situation
planters to pay the ruling prices for jute bagging and
strikless
hardly
being
the road's credit was impaired,
The first two of these
in the inter- the yellow fever epidemic.
ing than the growth in traffic and income
but to a lesser extenti
season,
last
paid wholly causes also operated
Until this last July, dividends were
val.
year.
previous
policy of course than in the
in stock, instead of in cash, and this
of the
disposal
OVEKLAND MOVEMEKT FOE SEPTEMBER.
the
at
money
placed considerable
The
expenditures.
capital
necessary
gross rail shipments in September have been
The
for
management
dollars colmillion
10
the
off
bales, which compares with 21,619 bales last
paying
35,546
•policy of
with stock, year and 16,538 bales in 1888, and the accompanying
same
the
replacing
and
loan,
trust
lateral
diminishes the table shows that all the various routes have shared in
wise and conservative, for it
for foreign car
ntmost, and the yearly excess paid
mileage has been large.
—
'
was also
releasing from the increase recorded over last year.
The net also exannual requirements for interest, besides
of securities. hibits a gain over the corresponding month of 1889,;
mass
large
the lien of the mortgage a very
and they while contrasted with September two years ago tht'
report gives the details of this operation,
The
new stock excess reaches 17,046 bales. The details of the whol<:
are quite interesting. The $13,000,000 of
went movement overland for three years are appended.
$10,276,200
which
of
cash,
in
lealized 111,050,000
to
and
$480,725
bonds
trust
OVERLAND DURISO SEPTEMBER.
collateral
the
to redeem
$469,000 10-40 adjustment bonds, the re-
i
purchase
mainder of the amount going to defray the expenses conthe issue of Amounl shipped—
•nected with the retiring of the bonds and
Via St. Louis
interest
redemptions
Via Cairo
the stock. Through these bond
charges were diminished $628,140 per annum, and the
"sinking fund payment of $100,000 a year which was
required under the collateral trust loan is also avoided.
No less than $28,163,700 of securities had been
$9,633,000 being
including the
latter
the
stock,
$18,529,700
and
bonds
Nashville Chattanooga & St. Louis shares held. These
pledged
been released from the collateral
having
securities
subject only to the lien of the
$4,531,000 10-40 adjustment bonds, which can be paid
The company during the year also creoff in 1894.
trust mortgage, are
ated a
now
unified mortgage for $75,000,000, at 4 per
new
ViaHannil)al
Via EvansTllle
Via Louiaville
Via Ctnclnnatt
Via other iroutes
—
Slilpped to mlllB, not included above..
loan,
the collateral
for
1889.
1890.
Total gross overland
6,926
9.471
6,692
1888.
6,752
2.362
1,356
5,5S
2,99
240
162
44
3,108
2,3C0
5,603
1,146
2,019
2,152
5,867
2,90'
949
47
35,546
21,619
16,53
1,434
1,703
1,106
95
7S2
1,04
1,088
2,786
25
1,59
1,94
2,19
De'luet shipments —
Overland to
New
York, Boston,
<tc...
towns
Galveston, Inland and local mills
New Orleans, Inland and local miUs...
Mobile, inland and local miUs
Savannab, inland and local mills
Cliarleston, inland and local mlUs
N. Carol'a ports. Inland and local miUs.
Virginia ports, inland and local mills..
Between
Interior
60
1,571
2,136
129
516
49
1,808
92
22
77
51
a
1,70c
1,87
cent, for the purpose of retiring the old high-rate
""7,44
7,559
9,408
Total to be deducted
bonds as they mature and providing means for future
14,0b0
9,08
26,138
.Leaving total net overland*.
capital requirements.
Includes slilpinents to Canada by rail, which eino
1 This total
The income account for the late year shows that a
September 1, 1890, amounted to 2,404 bales, in 1889 were 1,14'<
surplus of $461,274 over and above the 6 per cent divibales, and in 1888 were 1,387 bales.
dends paid was earned in the twelve months, and this
HECEIPT8, EXPORTS AN^D SPINNERS' TAKINGS.
after allowing in full for the loss on the Georgia RailBelow is our usual statement showing receipts
road lease and also the loss on the Pensacola & Atlantic,
exports, stocks, &c.
amounting together to $276,541. In the current year
the call for 6 per cent dividends will be heavier, since
they will have to be figured on the whole of the outBtanding stock but on the other hand the requirements
for interest will be less by reason of the redemption of
Slovtmtnt from
Sept. 1,
Oct.
I,
IS9\
IS90.
The net
the collateral trust and other bonds.
it
stands ($2,8CC,G41)
is
profit
just about sufficient
on the 48 millions stock. Interest,
rentals, &c., are, however, estimated for the current
year at only $4,228,523, while for 1890 the actual
to
6 per cent
meet
amount paid was $4,524,694, and the
count as so
much
difference
will
additional profit for the stock.
COTTON CONSUMPTION AND OVERLAND
MOVEMENT FOR SEPTEMBER.
''
subjoined statements of overland movement,
exports, spinners' takings, etc., cover the
The
'receipts,
month
month of the new
The present crop began to move early,
movement has been on a liberal scale as a
of September, the opening
crop season.
and the
;
result the
October
is
amount
of cotton
marketed up
largely in excess of
the
similar period in any previous year.
to the first of
movement
for
the
In fact there has
come into sight during the month 855,274 bales, or
206,504 bales more than in September of 1889, whUe
Receipts Iteceiptt
since
since
Sept. 1, Sept.!,
Galveston
—
Bl Paso, &o
New Orieuns.
Mobile
170,808
185,975
344
318
131,358
33,725
180.112
160,131
Savannah
Brunswick,
Aa
Charleston
Port Koyal,&c
1S90,
TOStock
Great
France.
Continent.
57,158
57,758
53,337
Total.
13,60-
344
844
10,633
76.577
Oct.
63,8
61,2
io,e
az.toii
WUmlnKton
12,5x2
se.aie
141,415
4,883
44,805
31
26
19.514
West Point...
Newp'tNews.&c
New York
27.9«5
25.338
eeo
BostOB
Baltimore
Phlladelphia.Jkc.
Total 1890
..
Total 1689
.
.
35,847
E0.805
8,850
23,665
61^
7,083
25,314
17,8
29,059
15,S
68,C
21
14,614
61.48t
Washingt'n.Ac
16,043
59, '.OO
Norfolk
*
1,
778
Florida
Total 1888.
EXPORTS SINCE SEPT.
Britain*
isao.
;
for 1890 as
to
1,076
491
102
448
390
738,238
51
734
29,059
il,69J
11,692
50,783
14.462
66,119
9,579
I3i5
9,715
4.<
2.484
1,613
4,647
3,
35,!
1,
321
261,683
15,132
78,668
35^,885
180,097
44,138
71,042
296,17;
118.579
17.049
38.802
16-^,430
325,)
Great Britain eijiorts include to the Channel.
d
In no previous season has so great an amount
cotton been received at the outports daring the ope
ing montli as in the current year. The nearest a]
proach to the figures now recorded was in 1887, whe
Making compariso
the total reached 654,776 bales.
statement wo fin
our
in
between the years included
of 170,526 bal
1889
over
that 1890 exhibits a gain
:
:
October
.
THE CHRONICLR
1890.]
1,
md that contrasted with 1888 the increase is 400,219
There is one point that
jales, or over 130 per cent.
bring out very clearly, and that is the improved conditions over 1889, both as regards maturity
md yield, in the Atlantic States, for while at all the
mportant ports a larger amount of cotton has been
/Itm4
JfoiilA 0/ Kepi
than in 1889, the ports on the Atlantic
Foreign exports
leaboard have gained most largely.
lave reached a very heavy aggregate during the month,
jxceeding the preceding highest total, which was that
Port stocks as well as those
Df September last year.
it interior towns are much ahead of the corresponding
in 1889.
rlate
•Using the facts disclosed by the foregoing statements,
portion of the crop which has
shall find that the
ire
.•eached
a market through the outports and overland,
the
;his
1889.
1890.
1888.
same lime
732.236
26,138
561,710
14.060
333,017
9,092
Total receipts
bales.
loutbern oonsumption since September 1
758,374
43,000
575,770
33,000
341,109
36,000
801,374
613.770
377,109
3«oelptB at the ports to Oct. 1
!let shipments overland diirtug
bales.
Total to Oct. 1
bales
The amount
I'D
rezM
lioalalaiw
Alabama
tieorgla'
,
,
,
South Curoiloa.
Virginia
North Carolina.
Tennessee, Ae..
Total.
*
WilffM in
Attntf Attrt0t A»
WttgU Witght.
Baltt.
Pmmd:
171,153
181,359
83,725
173,431
se,2io
00,S24
44.398
70,572
02,607.635
65,724.010
17,705,625
43.53g,0?0
44,027,080
22.515.431
35,568,288
50500
801,374
4n>,821,081
911-40
54161
S7,U2,110
1890
is
of cotton marketed during September
thus seen to be 187,604 bales more than in
L889 and 434,365
bales greater
To
than in 1888.
lletermine the portion which has gone into the hands of
Hlorthern spinners during the same period, we have
prepared ths following
9eptember,1890, as above
bales.
of year <^ept. 1. 1890) ports
20,295
ports
40,97461,269
interior markets
1,327—
Total receipts In
on ha 'id
At N'onhern
it Southern
At Xorthero
it')clc
Total supply during 3 jptembor, 1890
3; tills supply there has been exported
to foreign ports during S-ptember. 355,685
>68 foreign cotton included
735-
Canada direct from West
on hand end of year lOot. 1, 1890i—
lent to
tcock
801.374
commencement
At Northern ports
At Southern ports
At Northern interior markets.
62,596
863,970
354,950
2,401
B8«M
543-18
408-00
525 00
50Z 2:,
S04 85
SOO'38
529-00
602-16
400-31
«S«00
530-00
404-13
44800
48109
50715
500 00
400 06
504-00
600-00
470-0O
500-00
aF
905-33
'
911
(iioludInK Florida.
It will be noticed that the movement up to October
shows an increase in the average weight as compared
with
same periods
of
the last two years, the average
this year being 511-40 lbs. per bale, against 511-37 IbB.
per bale for the same tima in 1889 and 503-33
•
'ollows
I:
ITumbtr of
Southern consumption during September
1888.
year
and the two previous years, is as
ind
i
I
ptredln ptrPdtm
urn.
,he figures
•eoeivod
mbtr, IgOO.
441
t mu
lbs.
ia
THE COTTON GOODS TRADE IN SEPTEMBER.
There was a lessened demapd for staple cotton goods
by the home trade, but a very good business id plain
cottons was done with exporters and converters. Coarse
yarn brown sheetings continued in good demand and
firm, but slight concessions on fine browns and foaryard goods were made in some instances, in order to
move accumulations. Drills were in steady request,
and leading makes are largely under the control of
export orders.
Bleached cottons were less active, bafc
steady in price, and the demand for colored cottons was
chiefly for such goods as are specially adapted for the
requirements of the manufacturing trade, in which a
fair business was transacted by the commission housesPrint cloths were in irregular demand, with most relative activity in " odd counts," and the market for
these goods closed steady on the basis of 3 5-16c.. less one
per cent, to 3 5-16c. flaf for 64xfi4s, the latter price having boen demanded by Fall River mmufacturers, while
Providence holders were sellers at the former figures.
44,506
281,3>7— 325,«13
1,944- 685,111
1890.
1889.
Ootl'n Print- Sheet- Laii- S'th'n
low
ina ings, cuat'r 3-yd.
mid- cloths, stand- ina- sheetins
ings.
diiug. 64x64 ard.
Ootl'n Print-] Bhtei-, Lan- S'th'n
ingij
told
ina
•••a; easier Z-yd,
mid- elotns, ttand- Oiig sheethami ingt.
dli-n,/. 64c64 ard
\
I
]
Total takings by spinners in the United States since
September 1,1890
by Southern spinners
'!^aken
178,859
43.000
bales
Total takings by Northern spinners in September. 1890
[Ween by Northern spinners in September, 1889
norease in takings by Northern spinners this year
The above
135,859
96,077
39,782
bales.
indicates that Northern spinners
had n p
October 1 taken 1.35,859 bales, an increase over the
10
corresponding period of 1889 of
pun
over
the
same
time
37,783 bales and a
of
1888
of
33,131
l>ales.
AMOUNT OF CROP NOW IN SIGHT.
In the foregoing we have the number of bales which
lae already boen marketed this year and the two prerioas seasons.
Of
An additional fact of
interest
is
the total
the crop which was in sight on October 1 compared
1.
2. 10«,6
3. 109,6
lOSjg
5 103ig
6. 103i8
7.
8. 103,8
9. 103,g
10. 103,6
11. lOH
12 10>4
13. 105,.
14.
15. 106,8
16. lO'ia
17.
18. IQia
19. 101,8
20. 10
4
f
marketed, as above
bales.
jiterlor stocks in excess of Sept. 1
itotal
1890.
1889
1S88
801,J74
53,900
613,770
35,000
37 ,109
855,274
643,770
424,209
47,100
3-31
3-31
3-31
3-31
3-31
23.
24.
25
10.
27.
...9..
6M,
6>4
6I4
614
6I4
714
7-4
714
714
714
7^
7H
7^4
.
714
714
714
714
714
7I4
3-31
915l8 3-31
3-31
915
3-31
3-31
3-31
916]
714
714
714
714
714
714
915.8 3-31
714
7^4
IHm
lOU,,
1015,8
6>4
6>4
6>4
6I4
6I4
evj
6>«
6'4
6'4
.8.
8I4
6'*
bales.
This indicates that the movement during September
the present year is 308,504 bales more than in 1889
»nd 431,065 bales greater than in 1888.
WEIGHT OF BALES.
>f
To
furnish a more exact measure of receipts
October 1
bales.
we
up
to
give below our usual table of weight of
.
^4
0\
S\
6%
6\
6\
6%
7>4
7'4
714
7'4
7'4
6%
6^
7=4
7>4
714
714
714
...8.
lOU,
1016,
1015,
10:5,
1015,
1015.
3-73
3-73
3-73
3-73
373
3-73
5^
5\
5H
5%
5>
5\
5%
5%
5%
...8.
1015,
3-7J
1015,8 3-73
3-73
lO'a
3-73
lO's
1013
373
1013
373
714
7'4
714
7>4
7H
?'4
...8.
3-73'
iii^
1011,8 3 73
7M
10U,„ 3 71
7»4
714
lOii,, 3-73
1011,, 3-73
1011,, 3-69
7-4
7'4
7«4
...8..
10»I8
3-69
OH
6%
6\
en
6\
6\
'6\'
6%
6\
6^
6^
6%
6^
sii"
5*
5^
5%
5%
5%
sx"
&\
5X
5X
5X
5%
5*"
The aliove prices are- For cotton, low middling uplands at New ^oj^
for priming cloths, manufacturers' net prices: for sheeting,*, agents'
prices, which are subject to an av r.ige dUcouut of 5 per ce-Jt, i-xcips
when otherwise stated; Southern sheetings
Total In Bight
I
101*18
3-73
3-73
3-73
3-73
3-73
6\
.8..
913u 3-31
..H
I0l»,«,
6'4
614
6>4
614
6>4
6'4
8..
3-31
3-31
3-31
3-31
3-31
3-31
10
22
714
714
...8..
3-31
21.
28
29.
30.
inth previous years.
..H..
3-31
3-31
3-31
3-31
3-31
net.
REVIEW OF PRICES IN SEPTEMBER—
STOCKS, GOVERNMENT BONDS
A ND FOREIGN EXCHA NGE.
The following
prices of railway
.
table shows the highest and lowest
and miscellaneous stocks at the X. Y.
Stock Exchange during the month of September, 189(X
The unlisted issues are designated by an asterisk.
.
......
..
.
.
1
:
RAILSOAD AND MISCELLANEOUS STOCKS,
3738
5Ss
5
106
35
7614
25
75
Pacitlo. ....
Soutliern
Central ol N. Jersey.
Central Paciflc
Clie8.&0.,Vot.Tr.cert.
do Istpref.
Do
2d
4338
Do
61s
117
31
20
5i
3758
pret.
& Alton
& All. ben.,reo.
Burl. & Quincy.
129
Chicago
.
Low.
High.
18
61
29
20
.
pref..
Northern Paolflo
5
107
35
Do
78I3
25
82%
52% 55%
Canada
do
RAILEO.iDS.
Norfolk & Western
Low. Bigh.
Eailroads.
Atclilsou Top. & S.Fe.
Atlantic & Pactflo
Bait. A01iio8.W.,pf.
Bos.&X.Y.Air Line.pt
Buff. Eocli. & Pittab.
prel..
Do
Bnrl. Ced. R. &Nor..
Do
83
26I4
Ohio &.
Ohio Southern
Oregon Ry.&Nav.Co.
95I3 IOOI3
Oreg. Sh. L.&U. N...
Peo. Decat. & E'vlUe.
33
19
& Eastern
& Eead. certs.
122
33
Peoria
ei
41
129
W., tr. recta.
pf tr. reo.
Eensselaer& Sara...
Phlla.
Pittsb. Ft. W,
22i%
641s
3418
74 13
24
10
pref..
Mississippi...
Do
<fe
Chic.
43
20 Is
27
34
180
&
Northwest.
St. L.
St.
Chio. St.
li.
&Pittsb..
I414
pref.
Do
Chic. St. P, Minn. &0.
pref.
Do
CI. Cin. Chic. & St. L.
pref..
Do
Col. Hock. Val.&Tol.
38
29
85
65
16
43
3II3
90
7138
9513
98
28
32%
& Hudson. 154% 163
Lack. & Western I4OI3 148^4
Delaware
Del.
& Elo Grande.
pref
Des M. & Ft. Dodge.
Do
pref..
E.Tenn,Ya, & Ga. Ey.
Den.
I7I2
.
Do
Do
Do
55
6
18
833
7513
Ist pref.
2d pref.
21
113
'EvoDBY. & Terra H..
Flint & Pere Marq. ..
Great North'n, pref..
Eous. & Texas Cent,.
Illinois Central
Iowa Central
221s
Do
104
9
241s
10
713
& West'n..
15
57 13
pref..
&
Evans.
Do
29
60
83
St. L..
pref..
&
Nashr..
Louisv.N.Alb.&Ch..
liouis. St. L. &Tex...
Uanhattan, consol...
Manhattan Beach...
Marq. Hongh. & On.
LoulsvUle
Wheel. &L.Erle, com.
18
Do
938
76
23
4a,
Eefunding
Adams
United States
Wells,
23%
Michigan Central....
MUw. L. Sh. & West.
92
84
Do
pref.
106
Minneapolis <& St. L.
5
Do
pref..
12
M. K.&T., all paid..
17
*Do pf. W.I.Eec.
26
Do
Do
1st pref.
Do
pref.
2d
38 '8
76%
26%
& Co....
Col.
&Hock.
Homestake Mining...
New
Central Coal
Ontario Silver Mln..
Coal. .
31
65
Quicksilver Mining..
8938
Tenn. Coal & Iron
Do
67
37
L1138
*Bi2ckeye Pipe Line.
pref.
N.Y. Lack. & West...
N. Y. Lake Erie & W.
112% 112%
2438
60
Philadelphia Gas
2638 •Pipe Line Trust
65
Pullman Palace Car.
48
Silver Bullion certs..
91''8
95I4
2314
20%
2738
84I4
57
83
98
281s
35
6%
pref..
2713
Vifl
31
94
4678
62
581s
Union Trust Co
Western Union Tel..
222
109% II9I4
7H3 82%
7918
7913
daily posted
rates for 60 days
and demand
84%
sterling
exchange in Sf ptember are given below, it being understood
that bankers' actual rates are usually a fraction
below the
prices posted:
BAlfKBBS' 8TKBLINO
Bept.
60
De-
dayt.
mand-
BZCHANOB (POSTED RATES) FOE
Sept.
H.
13...
4 82V3 486-ii' 14...
4 8213-3 486-I3 15...
4.... 4 83
4S6I3
16...
6.... 4 83
4 8613
17...
183
4 861s
18...
S.
19...
1;;;; 4 82I3-3 4 86-ia"' 20...
9.... 4 821s
4 86
21...
482I3 4 86
22...
J?:::: 4 62-13 4 851S.6 23...
12.... 4 82
4 851s
21...
mand.
dayt.
4 82
Sept.
4 85>s
60
De-
dayt.
mand.
4 8II3-2 i'ss'is"
48I-I3 4 85 13
48I-I3 4 85- Is
Open. 4 82i»-3 4Se-i3
486-I3
High.. lb3
Low.. 4 81
4 85
Last.. 4 82
4 86
GOVERNMENT BONDS.
Opening..
Highest..
Lowest...
Closing...
• Prices
i£9l
104
104
104
ici
4135,1891, 1»,1907,
coup,
reg.
103%
12188
103%
103%
103%
Wd—no sales during
CERTIFICATES AND NOTES ISSUED ON DEPOSITS OF GOLD AND
SILVER COIN, AND LEGAL-TENDER NOTES.
Classiflcation of Certificates
4«, 1907,
coup.
125
12518
12613
12278
1227a
124
124
the montn.
In
and Notes.
6». Otir.,
'98 reg.
n21i9
the
Treasury.
Gold
certificates
In
Ammmt
Circulation
Isswd.
»le,068,780 »158,104,739 »174,163,51»
1,862,364 309,331,207 311,173,571
180,000
6,990,000
7,170,000
062,500
7,106,500
8,069,000
,.,,
Currency certificates
Treasury notes of 1890
Aggreirate of certlScates
119,053,644 »481.522,446 $500,576,090
COMPARISON OF DBBT WITH THE PRECBDINO MONTH.
.
August
Sept. 30,
1890.
Clasilttcation of Diht.
Interest-bearing d ebt
Debt on which interest has ceased
31,
1890.
638,888,070
880,978,020
1,760,935
1,777,275
Increase or
Decrease,
-42,289,950
-28,390
-42,316,240
409,654,425
408,707,858
H-94e,66»
1050,093,480 1091,463,151
-41,369,871
Aggregate of Interest and non.lnterby an equal amount of
cash In the Treasury
Certlficatea offset
Aggregate of debt. Including
600,576,090
478,650,840
-1-21,925,750
oertiflcates. 1550,669,570 1570,113,491
-19,443,921
Cash in the Treasury.
Reserred for the following purposes
Redemption of gold certificates Issued.
Redemption of silver certfs. Issued. ...
Redemption of currency certfs. issued.
Matured
accrued Interest, and
interest due and unpaid
Balance of Interest anticipated under
100,000,000
100,000,000
174,163,519
311,173,571
7,170.000
8,069,000
157,388,269
308,423,071
6,769,871
8,509.434
9,230,000
3,609,000
debt,
12,659,325
Total cash res'ved for above purposes
Available for other purposes
Fractional silver, fractional currency
and minor coin not full legal-tender.
Net cash balance, including national
bank fund
619,905,086
t87,lE9,774
20,768,854
22,078,808
89,022,496
86,318,889
679,696,437
894,557.451
-14.861,014
870,973,133
876.55»,040
+4.582,907
'
Total
Debt, less cash In the Treasury
BONDS ISSUED IN AID OF PACIFIC RAILROADS.
Name
of Jtaitway.
Principal
accrued
Outand not
standing.
yet paid.
4 8513
The range of Government bonds sold at the
Stock Exchange
in September was as follows:
4is»,
$408,654,421
&yCompani«s.[ Batance
Int. repaid
Interest
paid by
the U. S.
By Tran^ By cash
vortation
Service.
pay- of Interest
paid by
m^ts: 5p. c.
net earnings. the U. S.
43519
48513"" 27.... 48I-I3 43513
4 82
48II3-2 4 85-13 28....
8.
48II3-2 4 85-18 29.... 48II3 486""
4 8112-? 4 85- Is 30.... 4 82
4 86
4 8113-2 4 85 I3
48II3-2 4 85-13
S.
S6ft
934
37.=^
8,911,511
SEPT., 1890.
25.... 4 81-is
26.... 4 81-is
S.
8
'-
Interest
D^
60
56,005
fl5,2S7,445
Aggregate of debt bearing no interest
850
850
82
Unlisted.
The
gg qm
'.
81%
77
210
Su^r Eetlneries Co.
Do
tr. reels,...
|316,6?1,018
:
100
94
40
1
K. Y. & New England
421s
N. Y. N.H. & Hartford 260
266
N. Y. Ont. AWest....
17^8 19^8
K.Y. Susq. AWest...
MaU
638,688,070
|
9
2713
2714
4038
pref..
94,552,:;50
DBBT BEARING NO INTEREST.
Legal-tender notes
Old demand notes
, ,,,
National Bank notes
Redemption account
Fractional currency
Less amount estimated as lost or destroyed
20
28
Paciflc
1,069,474,300 544,03.'i,650
Agrgregate ot debt on which Interest has ceased since maturity Is tl. "50,935
This debt consists of a number of Items of which the principal amounts
are'
called bonds.
42
I3I3
Do
Total.
DKBT ON WHICH INTBRB3T HA3 OEASKD SINCE MATURITY.
161s
18
42
6I4
Coupor,
'
Q.-J.
Aggregate eicludin?
Bonds to Pac. RR...
Outstandinti.
30O
713
pref.
96
87
70
38
Certiflc'e.
1
$250,000,000 352,818,000 il7,0o7,7o0
770,461 ,550 191,2 15,050 77,54 4,800
40,012,750
39% 45%
VAKions.
*Am. Cotton Oil Co...
*Do
pref..
*Do
Tr. certs...
Amer.Tel.& Cable...
Amer. Tob. Co., pref.
Brunswick Co
26''8
11
86 13
10
40
pref.
Do
293a
85
10
45
290
Minnesota Iron
63 14
51 14
44
25
10
&I..
C.
153
117
72
114
Chicago Gas Comp'y.
5414
Citizeus" Gas, Bkiyn.
92
9313
Commercial Cable ... 10013 102
Consolidated Gas Co.
95
99
661s 7218 Dig. & Cat. Feed. Co.
44
46
22% 30 14 Edison Gen. Electric. x93 105
150 151
I9I3
Laclede Gas, St. L...
17
102
106
National Lead Trust
1938 2238
104 14 107 14I North American Co..
36
4738
15's 16% Oregon Improv, Co..
4513
42
Missouri Paciflo
Mobile* Ohio
Morris &Essex
Nash. Chatt. &8t. L..
N. Y. Cent. & Hud. E.
K. Y. Chlo. & St. Louis
*
Fargo
Coal and Mining.
Colorado Coal & Iron
I313
III3
1738
5
13
34
150
110
65
140
American
111
9
26
5
15
1214
26I3
EXPHESS.
24I4
46
31
108
IOI3
2278
Amount
Registered.]
43,
8II3
71I3
2214
pref.
WlBConslu Cent. Co..
I2014
SO
104
111?
Mexican Central
I>o
pref..
104% 108%
90 12 93% Pennsylvania
liake Shore
Ix)ng Island
liou.
Do
Issued.
Funded Loan.. 1891 Q.-M.
Funded Loan. ...1907 Q.-J.
pref.
Wabash
76% 81
2\ 3
Do
pref.
Kanawha & Michigan
Keokuk & Des M. pf
Lake Erie
21^8
6138
6
Amount
Pay^le
4>ss,
35
31
91
89
109 14
St. Paul Minn. & Man. 105
28
3031
Southern Pacific Co..
1778 20 14
Texas cSc Pacific
35
38%
Tol. Ann A. & No. M.
92
94
Tol. & O. Cent. pref..
15 14
15
•Tol. Peo. & Western
54 14 62I3
Union Paciflc
26iB 32%
Union Pac. D. AG...
6513 66
Utica <fe Black Hirer.
5213
52
Virginia Midland
Do
Int'r't
38
ISO
8II3
&S. F, Istpf..
Paul&Duluth
106^8 110%
.
143%
pref.. 142
Do
7968 86ie
CWo. &Eook Island..
Loan.
Title of
27
13% Elchmond Terminal. 18=8 2II4
74
pref.
77
Do
yiH 10213
Chlo.
17
21
42
Elo Grande Western.
45%
CWo. &Ea8t m
43 14 51
pref..
Si
91
Do
pref..
Do
II514
7258 Eome Water & Ogd.. 112
Gi-'e
CMC. MU. &St.Paul.
36I3 36I3
114 II7I3 St. L.Alt. &T. h:....
pref.
Do
1890.
The following is the official statement of the United
States public debt at the close of business September
30, 1890.
INTBRKST-BKAKINa DEBT.
111b
39 12 4316
15514 I5514
.
[Vol. LI.
DEBT STATEMENT SEPTEMBER 30,
8
&
Pitts.
2H3
I313
*Cliic.
Chic.
.
THE CHRONICLK
442
Canadian
:
6»,
Our.
'99 reg.
'121
•125
•1221s
*121i4
•123%
•122
•125
3,821,358
4,952,237
18,410,124
23,518,652
437,143
1,777,439
8,486,617
1,828,320
(
388,277 34,321,308
94,545 8,770,593
408,618 36,397,185
24,000 2,221,808
29,558 2,195,884
21,425 2,148,192
84,623,512
969,353 86,368,968
22,091,719
Gen. Paciflc. 25,885,120
Kan.
Paciflc.
6,303,000
Unl'n Paciflc 27,236,512
Cen. Br. U.P. 1,600,000
West. Paciflo
SlouxC.&P.
Totals
1,970,560
i
6,115,405
27,550,617
9,387,
1,980,138
188,061
1,103,630
62,265,800
UNITED STATES TREASURY STATEMENT.
The subjoined statement has been issued from the office of
the Treasurer this week. It is based upon the actual returns
from assistant treasurers, depositaries and superintendents
of mints and assay offices, and shows the assets and liabilities
of the United States Treasury September 30. We give the
figures for August 30 for comparison.
.
October
.
:
.
THE CmtONICLR
4, 1880.
SlITIIinKB
Abssts.
GOLD— Coin
so,
1800.
810,820,120
«0«,0e6,471
311,TM,WS
314,<B1,M2
Krartiuiial nllvor culu..
Tratiu ttollur bullion...
»>.Sa8.7D9
«l868,«Sk
'00
8,7»i\S87
4,278.UHS
fllLVKli— Stiui'Iard DotlarB...^.
4,7«f,t84
Hiillinn...
6,«74,B»7
B,SII0,&38
S4S,471,aM
gundnrd
Acl Ju\y U,
dollar!i.
filUer buUluii,
"Tmmoo
8,609,000
is.70s,aeo
ie.H9S,7IO
«,«»l),BI2
6,lMS,a3<<
1,177
FractlonnI currency..
24,458,116
17,S8e,«01
Gold rortlflontcs
63,006,730
4,961,601
4i»,oao
8,888,100
*ftO
10,088,780
l,86i,38l
180.000
Bea,90o
C. ^.bondsand Int.. purchaiOd..
Interest chocks arid coupons paid
«16,980
8,988.921
4,(M><,sai
611.690
81,907
gUv
r cerlltl (;ut os
arroney certltlcates
V. S. Treasury notes. July H.
Interest on D.
C
847,153,642
8,US»,00O
8,080,880
Uoltoil States notes..
Katttinnl tmnk notes.,
30, 1880,
«S8.74X,B0«
57,471,618
M<<.I*S,01«
Ag.907,43a
Bullion
ACOOIT
bonds paid.
40,800,691
lS,0S8,e4«
S.I1S
.
30,297,111
4,686,608
819,372
80,879,864
797,843,186
761,177,302
,000,000
,163,619
,l7»,6;i
,170,000
,069,000
100,000.000
157.88H,2«9
108,428,071
9,V30.O00
3,809,000
4,870,477
Minor coin
S04.M8
Deposits In Nat. b'k depositaries
AKKregate
I^IAniLITIEJ.
Res've for reU'p 'n of U. S. note*
Gold
ceriillCH'cB,
Acts
Silver certttlcntes.
Currency
186:j-l8d'^.
AeflS^S
Act 1672...
certitlc;itos.
tk 8. Treas. notes. Act July. ISWi
Pabllc debt und ititorost
Interest <lut> und unpaid....
Accrued liitu est
Matured debt
Interest <in matured debt..
Int. on Pnolllc RR. bonds,
due uiipuld
Accrued interest faclflc
KR. bonds
Balance of Int. anticipated
by Department circulars
Post OflBce do*>artuient account.
Dlsburslnu officers' balances.
Undlfltr.buted assets of failed
National bank!*
Carreti'y and minor coin redemptlonn account
Fractional silver coin redemptl'n
807,628
043,460
3,030^
4,0;8,<i34
1,700 l»88
147,968
1,777,476
Five
646,235
4,172,602
49,093,882
1,336,905
1,818.280
220
1,040
2,R80
521,622
6,460
698,303
4,371,451
6,868,187
760,540
fund for redemption
p.
of national bank notes. ...T*..
^Aggregate
80,873,426
.396,209
5,746,435
653,770,625
107.307,677
; 1)1.
177.302
London. Saturday, September 20, 1890.
The long-continued stringency in the New York money
market has excited a good deal of uneasiness here. Its causes
are not clearly understood, and it is apprehended that it may
lead to large gold shipments. Shipments to New York are
naturally more dreaded here than to any other place, the
pjwer of absorbing the metal in the United States is so incom-
parably greater. Therefore, it is felt that on the first sign of
a real demand springing up, the Bank rate must go to 5 per
and if that is not sufficient to stop the drain, the rate
must be raised again until it effects its purpose.
On Tuesday and Wednesday there were rumors that there
were to be large gold withdrawals, but they have not proved
cent,
Probably they originated in the fact that the discount
Louses were very eager to dispose of bills. The rate in the
true.
—
open market was about 4 per cent that is, equal to the Bank
rate.
But several billbrokers were eager to get rid of bills to
the bankers at 4 per cent. The readers of the Chroniclk will
recollect that the bill-brokers and discount houses in this market take bills directly from the holders and re-discount them
with the banks, their profit being the difference in the rate
they charge and the rate that is charged them; It was inferred from the eagerness referred to that bills were being
discounted for the purpose of taking gold. Very generally,
therefore, a rise in the Bank rate to 5 per cent was expected
on Thursday, but it did not take place. Apparently the
directors concluded that Mr. Windom's large purchases of
four per cents on the day before would put an end to the
stringency, and they seem also to be of opinion that there are
to be no very large withdrawals for any other quarter. As a
matter of fact, nearly a quarter of a million net was withdrawn from the Bank on Thursday afternoon. The withdrawal
and the fact that they made no
change is generally understood to imply that they expect no
further withdrawals in the early future; otherwise they would
almost certainly have acted, for their stock of bullion now is
only about 21 J^ millions sterling. During the next two
months it will decrease considerably, because of the expansion
of the internal circulation, probably about 1}^ millions, and
to the directors,
to have taken the
banks
and insurance companies for some little time past have be^n
selling rentes and other securities that had been rushed up to
[From onr own correspondent,]
was known
been very heavy.
heart out of the Paris Bourse.
668,051,835
59,791.350
7-^'.84a.l85
Now York money market the silver
market cannot be very active. With the dulness in the silver
market there has been a great falling oil in business in the
market for silver seouritios. There seems to be a great speculation in Berlin both in Kuflsian and Austrian silver securities.
But in London even rupee paper has given way somewhat,
and most other silver securities are neglected.
The uncertainties of the money market have greatly checked
business in the Stock Exchange. The American de|>artment
is naturally most depressed.
The market for Bri tilth railway
stocks is likewise dull and apathetic. The dulness was increased by a disappointing dividend declaration on North
British deferred stock. The North British is one of the great
Scotch railways, and its dividend was declared this week.
The market had expected at least 2}^ per cent on the deferred
stock, since there was an increase in the gross earnings, according to the weekly traffic return, of about £109,000 ^ but only
P*' cent has been declared. It is understood that the
parliamentary fight against the Caledonian cost more than
even was supposed, and that repairs during the half-year have
ent stringent state of the
The alarm respecting money appears
c.
TotalllablHtles
Available balance..
The silver market continues dull and inaotire. At the
beginning of the week the price recovered to MJ^d. per
ounce, but it has since declined ^d. There ia little demand
for India or any other country. T)ie market is entirely controlled by the action of New York, and naturally in the pres-
also
814.872
105,431
therefore if there were to Im any largo foreign demand tbo
reserve would be so reduced that alarm would spring up.
W
8,509,184
10,828.906
4,814,263
31,687,783
acc't.
Treasurer's transfer checks and
drafts outstandiriK
Treasurer U. i^.. anont for paying
interest on D. C. bonds
21,150
968,352
12,550,825
account
Redemption and exchange
148,860
13,590
443
It is said that the great
unprecedented prices, and that only the smaller speculators
However this may be, the speculators for the rise
have evidently been frightened, and all through the week have
been realizing on international stocks, bank, copper, diamond
and land shares, as well as securities dealt in only on the Paris
Bourse. Rio Tinto shares at one time fell nearly £2 within a
week. South African gold and land shares have participated in
the general decline. There is no anticipation of serious failures.
The general belief is that the greater capitalists both here and
in Paris have made a good deal of money, and that if there
are any difficulties they will be experienced only by the
smaller speculators. But, with the expectation that money is
becoming dear, and the fear that it may continue dear for the
rest of the year, it is not thought probable that the greater
capitalists will come to the support of the market until there
has been a further fall sufficient to tempt them in.
Trade is exceedingly good, and, judging from the railwfey
are bulb.
traffic returns and other statistical evidence, it is likely to
continue so for some time yet. Still the opinion is held by
some careful observers that we have nearly reached the
height of the improvement, and that before long a falling- off
One reason for this opinion is the deamess
is to be expected.
of money. Another reason is the strong likelihood that tlie
American Tarifif bill will restrict trade with the United States.
A third reason is that the rise in silver will check exports
from the silver-using countries, and thus limit their ability to
buy from Europe. A fourth reason is the reasonable cer-
must disorganize business in
As yet the falling off here in Argennot as great as might have been expected, for
tainty that the Argentine crisis
the River Plate countries.
tine business is
old orders are not yet completed. StiU people argue with great
,
show
of probability that the crisis
must cause a marked
be dearer in the new agricultural year than it has been for some time past, and
probably will continue so for a considrable time.
The exports of frozen meat from New Zealand continue to
increase in a very remarkable manner. From a circular
issued in Christchurch, New Zealand, it appears that in 1883
those exports were a little under 1% million lbs. In 1885 they
had risen to nearly 33}^ million lbs. Last year they were over
731^ mUlion lbs., and in the first half of the present year they
falling off.
And,
lastly,
wheat
will
exceeded 67J^ million lbs.
For the last couple of days the weather has not been las
favorable for harvest work as it was previously in September,
but much progress has been made, and the reports fromiaU
parts of the country are that the condition of grain has greatly
improved. The wheat market continues steady, without any
notable movement.
The
rates for
money have been
as follows:
.
Jntircit allowtd
for deposits by
Open ilarhet Rates.
Bank
Trade
Bills.
Disc^t H'se
Bilis.
Joint
Stock -^t 7 to 11
Six
Four
Three
Call. Day!.
Mont}it\Montht\Mont'is\M:ontht\Mmm\ Months Banks.
London
Ihree
Sim -ls«®
Auk. 15
» 22
" 28
- :*M®t« *MS1« ili&^H
-|SJ«®
12
10
The Bank
Canadian Pacific
Cbic. jMil. &8t. Paul....
2^
2HiH-2H
Lake Shore
2H
2J6Z«-2«
ZHi2H-2H
September
12.
Bank Open Bank Open
Bate. Market Rate. Market
2«
3%
4
Hamburg
4
3«
SH
2H
2%
—
Amsterdam
2>4
Bmssels
Madrid
yienua
3
4
4«
BW
Copenhagen
an
Open
Bank
Bank
Open
Rate.
3farfc«(
Rate. Market
3
4
2«
4
3
3
4
3>«
S«
4
3«
4
3
4
3
2M
2«
2«
3
4
4
4
4
4
4M
4
6
5«
8«
4
6
2ii
4
4
SH
SH
SH
2H
2U,
4
4
8t. PetersbnrK.
4
4M
5
6
5>«
3H
3}<
2M
2«
3
3>i
3«
The following return shows the position of the Bank of
England, the Bank rate of discount, the price of consols, &c.,
compared with the last three years :
Pttbliodeposits
Other deposits
liabilities. per ot.
Bankrate
£
24,518.875
24,819,785
21,259,235
3,063,.'>33
4,981.016
21,121,635
11,560,892
4,368,871
2.%862,873
21,629,«7
14,721,100
13,052,605
21,348,288
20,576,898
13.672,750
12,161,015
20,012,038
11,919,722
19,922,090
12,064,859
21,711,625
14
20,828,705
20,569,507
20,574,091
i2ii
421-18
4
95 5-16xd
98J<ld
07 5-16
182,232,000
153,201,000
117,871,000
14
perct.
Consols
Clearinn-House returns
& AbeU
Messrs. Pixley
Gold— The Bank has
£
£
24,587,660
27,790,315
11,116,362
Government securities
Other securities
Beaerve
Coin and bullion
Sept. 21.
Sept. 19.
Sept. 18.
£
Cmnlation
1887,
1888,
1889,
1890,
Sept. 17.
Prop, assets to
1,937,7X3
oiu- last to a total of £48,viz.: £400,000 for Lisbon,
s.
Bar
Bar
gold, fine
oz
gold, coutain'g
<i.
77
8.
77
London Standard.
S.p(.18.
4,422—The First National Bank of Girardville, Pa. Capital, $50,00C
E. C. Wagner, President; J. H. Babb, Cashier.
4,423— The Corpus Christi National Bank, Corpus Christi. Texas. Caj
ital. l?100,000.
David Hirsch, President; Thomas Hiokej
Cashier.
4,424— The National Bankof Waupaca, Waupaca, Wis. Capital, $50
000. p. N. Roberts, President; W. B. Baker, Cashier.
4,425— The Joplln National Bank, Joplin, Mo. Capital. $150.00C|
Henry L. Newman, President; Arthur H. Waite, Casliier.
Bonds Held by National Banks. The following interest-
—
ing statement, furnished
DetcHplion of Bonds.
per cents.
t per cents...
Total.
d.
ing 5 grs. gold. .oz. 53 15-18
silver
585^
5Z«
to
Btcttn—
Total
Oiretilation.
101,-278.450
$2^,386.500
$140,325,850
,
*7,593,0Cli
$6,453,000
29,594,400
$1,140,000
4,853,000
22,393,500
HtU.
34,417,40(
126,071,0=-
S168.712.;
mom
;
I
September.
JVJiie
Months, 1890.
Denomination.
Double eagles..
Value.
dollars..
Half dollarB
Quarter dollars..
80,699
1,613,980
8
10
SO
50
21
53
741,934 14,838,68
57,028
570,38
35
70
66
:
16
60,738
1,614,163
799,098 15,109,47
3,050,000
27,690,265 27,690,26
23
465
1,314,954
131,495
4,364,954
3.181,495
662,200
33,110
11,738,597
,
Olmee
Taint.
Pieces.
3,050,000
Total gold
Standard
The following shows the imports of cereal produce into the
United Kingdom during the first two weeks of the season compared with previous seasons
1890,
September and the nine months of 1890.
of
54«
57%
oz.'si 15-16
oz.
Oct, 1,
Bank
the coinage at the Mints of the United States diuing the
Dollars
.Mexican dols
Bondt Held
Coinage by United States Mints.— The following state
ment, kindly furnished us by the Director of the Mint, show
rhree dollars...
Quarter eagles
Cake
of the Currency
-1
fa
silver, contain-
fi.Aro.doubloons.oz
8.
Public Deposits
in Banks.
Oarreney 6s..
silver..... ...oz. 63 7-16
SOdwts. silver. .oz
Span, doubloons oz
.
IL
Sept.
d.
Bar
Bar
by the Comptroller
shows the amoimt of each class of bonds held against nations
bank circulation and to secure public moneys in national banl
We gave the statement foi
depositaries on October 1,
September 1 in Chronicle of September 6, page 294, and b;
referring to that the changes made during the month can bi
Eagles
Half eagles
d.
9
%tms
—
Pieces.
SILVER.
11.
231.2
National Banks. The following national banks hav(
recently been organized :
4,421—The Marine National Bank of Duluth, Minn. Capital, $250,6 iC
Jacob E. Myers, President; Wilmot Saeger, Cashier.
for bullion are reported as follows:
I
23%
(£>oxmntxciuX autX W^iscdlmxcoxxs
write as follows:
received gold since
Sept. 18. S«pt,
23%
23%
24
24
17.
125,825,000
•ntta, £16,000.
Silver—Silver fell away from the date of our last to 53d. on the 12th
Inst., but recovered to 5338d. on 15th inst., SSHd. ou the 10th inst. On
the 17th inst. a considerable amount was placed at SSSgd-. but the
price to-day has dropped to 53".,d., owing to lower rates from India
and no buying orders from America being received. Arrivals: Valptraiso, £42,000; New York, £12,000; Buenos Ayres, £2.000; Australia, £3,000; Egypt, £1,000; total, £60,000. Shipments: To India,
Beptember 18, Calcutta, £25,000.
Mexican Dollars— Mexican dollars continue ma. under silver, there
being no demand as coin. Arrivals: New York, £78,000.
GOLD.
Ixmdon Standard.
Nashville..
Mexican Central 4s
N. Y. Central & Hudson.
N. Y. Lake Erie & West'n
2d cons
do
Union Pacific
Wabash, pref
FrL
Thurs.
5II2
5112
5112
945,6
94l:i,f 94»,6
947,6
,94ii„ 9413,„ 9514
94ili«
951,,'
95071a 95-4712 55 00 94-80 94-7712 94-621
IO6I4 lOOM 105%
105% 105% IO6I1
12611 il26i4 12514 I2512 I25I2 125H
8OI4
8038
7979
791^
80
801a
67'8
67%
68
08
6818
67
110i« llOia
10834 10818 108%
110
IIII2 IIII4 IIII4
llOifl
110% 111
86I3
8718
8818
8718
8658
86%
75
75
74%
74^
751a
751a
10913 108 13 108 13 108%
10914 109 14
25 14
2514
2514
25
25%
24%
105% 105% 105% IO5I3 1051a 1051a
6218
6214
6258
6268
62ia
621s
78I4
78I4
79 14
78
78%
79
5378
5379
53^8
54
54%
53%
2OI2
2118
21
21
2118
20>a
•5578
57
57
57%
5«38
67%
45
4
OOO, and £475,000 has been withdrawn,
*65,000 for Egypt and £10,000 for South America. Arrivals: Valparaiso, £6,000; South Afi-ica, £32,000; Buenos Ayres, £21,0li0; Australia, £25,000; Singapore, £2,000; Bombay, £1,000; Egypt, £2,000;
total, £S9,000. Shipments: Per P. & O. steamer, September 18, Cal-
The quotations
&
Wed.
Tucs.
50
I
lUiuois Central
Philadelphia & Reading.
Septanber
^lIQlMt 29.
5.
Bates of
3
4
fr.
Penn.'iyl vania
19.
Fmrl«
Berlin
Frankfort
Fr'ch rents (in Paris)
U. S. 4i2S0f 1891
U. S. 4s of 1907
Louisville
Mon,
Sal.
d 5111,6 5OI3
cts. 941 he 9412
94I2
and open market rates at the
& Western, pref
now and for the previous three weeks Norfolk
Northern Pacific, pref...
chief Continental cities
have been as follows:
Intirett at
London,
per oz
Con8ols,new, 2% per
do for account
Silver,
2ii
rate of discount
September
[Vol. Lr.
3>«S5<-3«
2i^\2H-2H
2>«l2M-2«
Shi
-3»3
- 35^®
-!SW®* |S««* |3«®*
-* ® 3W®
-i3«® -1* ® -'8%®
3J^® -356® - 3%®
356® -|3?<® - SJ«@ -|8%®4 U ® -'*M®
k & -k ® -'•» <a - t!<i® -UM®*)^ *}^®
-\sii&
- 3)^®
Sept. 5
:
.
THE CHRONICLF.
444
••
.
465
11
4,081,416
408.14
:
Wheat
ewt.
Barley
Oats
Peas
Beans
Total silver.,
IMPORTS.
1890.
1889.
2,802,027
2.727,525
1888.
2,347,665
734,160
562,862
41.800
57,316
1 57ii748
558,867
561.391
489,960
61,824
220.830
1,457,636
640,993
253,407
748.652
45,855
150,782
1,271.816
669,811
1890.
1889.
2,727,525
640,993
1,359,230
1888.
2,347,665
669,811
4,727,748
1889.
3,509,605
1888.
1887.
2.823,370
406.019
498.990
114,772
124,956
830,347
755,383
Indian corn
Flour
Supplies available for consumption (exclusive of Stocks on
September
_,
,
1):
,_
Importsofwheatcwt. 2.802,027
Imports of nour
558,867
Bales of home-grown 1,296,539
Total
4,657,433
1890.
Aver, price wheat weeh.33s. 7d.
Av. price wheat season. 34e. Od.
30s.
30s.
2d.
7d.
The following shows the quantities
maize afloat to the United Kingdom:
„^ ^
Wheat
This week.
qrs. 2,049,000
Flour, equal to qrs.
Maize
qrs.
188,000
58P.000
Last week.
2,214,000
222.000
585.000
492,129
1887.
2,823,370
755,383
1,821,333
Five cents..
Three cents.
One
3,666',2b6
36!602
31,682,179
Total minor..
4,322,400
69,712
43,420,776
Total coinage.
8.768,092
4,865,370
cent....
383. Id.
37s. lid.
298.
3d.
of wheat, flour
and
180,000
402,000
EnelUh Financial Markets— Per
1888.
2,090,000
245.000
203,000
903,75:
75,992,485 44,411,98
in
us the following, showing the amounts of national bank note
September 1, together with the amounts outstanding Octobe
alsi
the increase or decresise during the month
1, and
the changes in legal tenders held for the redemption of banl
;
up
to October 1:
Bank Notes—
Amount outstanding September 1, 1890..
Amount issued during September
Amount retired during Sei>tember
}falioruU
Amount outstanding October
1889.
1,385,000
586,9a
Legal Tend.ers and National Bank Notes t<
OCTiiBER 1. — The Comptroller of the Currency has furnishei
Changes
notes
5,400,086
1887.
288. 8d.
31,772,611 23,098,75
$183,143,49'
»625,885
2,034,318
1,408,43:
*181,735,051
1, 1890*...
Legal Tender S^ota—
deposit to redeem national bank
notes SeptfUiiuT I, 1890
Amount deposited during September
Amount reissued &b'nk notes retir'dlu Sept.
Amount ou
*55,318,06'|
»3.021,000
2,034,318
986,68S
Cable.
The daily closing quotations for securities, &c., at London,
«re reported by cable as follows for the week ending Oct. 3
:
Amonnt on
deposit to redeem national bank
notes Octob r
*
1,
1890
$56,304,74!
Circulation of national gold banks, not included above, $135,967,
—
:
.
OCTOBKB
.
THE CHRONICLE.
4, 1890.]
this dopoeit made ") by banks becoming insolvent, (2) by
banks Koing into voluntary liquitiation, and (3) by banks reducing or retiring their circulation, was as follows on the flrst
of each of the last five monttis
July
.^UIK 1.
1.
$
9
9
Insolv't bks.
765,156
UquUrK bks.
5,633,838
Oet.l.
Btpl. 1.
Au(rtM(l.
789.333
5,478,733
Bximrtt.
Wttk.
Great BrltalD
Prsnoe
Qenniuir
52,033,171 49,795,771 43,160,726 49.033,174 50,071,337
Total
58,431,165 86,063,837 54,398,515 55,318,060 56,304,724
Import*.
Week.
lllnetJan.lt
tlOLMA
2.772,835
M.OOO
2,4'.i3,r28
(121.530
NU2,0e9
2.797.700
10,000
5.720
1.404,013
133,801
5,350
5.417
20,002
05^1,039
$14,000 $t8.590..57O
11,600 4(1,4''0,334
$153,265
All other couutrlos.
Totiil
StneeJan.l,
$11.(M)0.783
7t0.'JOO
West Indies
Mexico
Boutb Amerlen
1890.
Total 1889.
ToUI 1888.
Sed'o'K undr
ot of '74.*
tUPOKM 0» tTMia AT miW tOWt.
Airo
Oold.
831.S87
5,401,518
878.3V0
5,406,506
752,390
5,476,399
445
ZPOBT*
Aooordlnn to the above, the amount of Io(?aI tenders on
-deposit (Jctober 1 with the Treasurer of the United States to
rodoeni national bimk notes was |50,304,742. The portion of
M>epottlt by-
.
l,500|
I8,895,0>):i|
29,3 a>2
131.870
24,7.'j7
$7,173,0»8
4.Hi7,seo
45,7..1
.-.327,tHe
Expurt$.
Importi.
Stiver.
* Act o( Juae 20, 1874, and July 12, 1882.
Government Revenue and Expkndittjees. —Through
the
courtt'sy of the Secretary of the Treasury, we are enabled
details
of
our
the
Governreaders to-day
to place before
ment receipts and disbursements for the month of September.
From previous returns we obtain the figures for previous
months, and in that manner complete the statement for the
nine months of the calendar years 1800 and 1S89.
Week.
Great Britain
France
StneeJan.l.
Week.
$13,626,322
287,176
Germany
West Indies
Mexico
Boiitli America
«l,407,00e
1,301
1.101,423.
»70.««»
$0,220
006
388,074
3,010
305,715
30,005
1,213.491
38,003
22,612
360,029
114,856
All other countries.
$
Total 1890.
Total 1889.
Total 1888.
450,102
342,7691
Slnet Jan.l,
$14,454,997
14,977.498
$15,1500
2(1,418
9.645,5.-)0
31,858
$.-.,239,124
1.O74.102
1.347,8tf»-
SBOBtPTS (OOOs omitted).
Of the above imports for the week in 1890 $122,072 were
American gold coin and $18,822 American silver coin. Of the
exports during the same time $14,0J0 were American gold.
18»0.
ei«tomt.
inter'! AfUc'I*
jAQQary
February
I
82,816
18.»6«
lUrcb
Apnl
20,800
ig.se»
%
%
rnt«T'l
Rev'ue Sourc^M
~r~ ~i~
~i~ ~i
«
lotat.
10,681
3,79i
36,691
20,712
10,170
8,216
34,398
10,115
1,785! 30,86A
18,788
9,178
34,'!78
19,171
10,009
10,847
2,187
1,8S4
30,133
31,014
8,793
33,837
34,431
11.888
ia,soe
1,1)94'
33,861
19,998
16,382
12,842
11.717
2,003i 35,443
8,864 37,547
8,32U 87,1 Ot
16,084
15,087
3,380
17.638
11,723
8,397
32,758
10,899
11,955
1,981
31,886
34.818
19.006
80.680
17,779
11,448
1,896
2.189
34,471
30,804
•Uy
17.048
June
81,641
Joir
23,ess
Anjnut
80,31(1
18,558
fi«ptember..
82,036
18,615
ToUl
MUcnt
Chit-
torn:
jo(ai.
Rev'ut Sourest]
1,033
•5,154
9 months. 186,334
^.334 110.510
84,997 321,8011169,776 101.558
31,418
28,812 294.144
Includes 13,081,000 national bank redemption fund.
Ordinary.
t
15,680
9,985
10,228
Pen-
In-
sions. Urest.
*
2,0»
Ordinary.
»
Pen-
In-
Prem.
"•
sions.
terest.
iums.
t
t
11,331
3,852
1,339
17,512
12,986
1,473
1,603
9,015
5,681
87-.
89,008
13.589
410
Way....
June...
13,314
12,595
3.781
514
811
222
11.588
10,032
11,074
1,514
27,234
14,864
6,578
6ie
879
1,716
228
July...
18,968
12,445
14.863
7,232
2,054
38,137
18.278
29f.
18,839
1,730
33,89(1
13.675
15,248
80,244
8,175
876
612
15.765
3b 18,410
4.62^
33,737
12,408
801
1,583
8,738
2,273
lU.fiflS
79.399 SH.ftfO
1.1.15.1
248.20(r
120,213
9,367
Ang_...
Sept....
Vmos.
*
•
13,660
518
9b;
2,09
.$
27,868
85,080
15,433
lotal.
,
—
651
853
811
8,885
888
86.554
33,787
18.972
22,408
23,874
13,750
41,999
1,8S;
471
72,629 30.088 10.999
energetic business.
j
Investors desiring to examine a line of high-grade securities, or to change a short-date bond in order to invest in a long
one, should call upon or correspond with Messrs. S. V. White
Co. of this city. See advertisement in another column.
The Maverick National Bank of Boston, of which Mr.
Asa P. Potter is the well known President, has increased its
surplus to §800,000, as wiU appear by the card on the first
page of the Chronicle.
—
t
13,058
ll&rcb..
April...
i
7.916
Total.
tumj.
*
2,185
20,815
Jul
Feb
t
8,176
1889.
Premr
—
The Manual of Ainerican Waterworks, recently issued, is
a handsome reference book for information relating to waterworks. The arrangement is by States, and, including Canada,
descriptions are given of 2,047 plants. The introduction contains valuable statistics relating to the subject. Tlie manual
is published by the Engineering News Pubhshing Co. Tribun^^
Building, New York.
Parties interested in the subject will do well to notice the
card of Messrs. W. S. Hedges & Co., diamond importers, in
to-day's Chronicxe. As this firm deals largely in precious
stones, customers will find themselves well provided with an
extensive assortment from which to sebct.
new firm has just been organized in Wall Street under
the name of Chambers, Fraak & Co. The head of the house is
a member of the New York Stock Exchange, while the other
members are young, active men, capable of conducting an
—A
DI8BUKSEMENTS (0008 Omlttea).
1890.
coin.
&
—
38,209
16,483
J
Includes f2,074,431 nutlooal bauk redemption fund.
—
Imports and Exports for the Week. The imports of last
week, compared with those of the preceding week, show
a decrease in both dry goods and general merchandise.
The total imports were $8,708,011, against §11,265,849 the
preceding week and $9,0.58,223 two weeks previous. The
exports for the week ended Sept. 30 amounted to §10,247,772,
against $8, 189,648 last week and §7,803,793 two weeks previous.
iffie following are the imports at New York for the week
ending (for dry goods) Sept. 2.5 and for the week ending (for
general merchandise) Sept. 26; also totals since the beginning
of the first week in January.
—
Anction Sales. The following were recently sold at auction
by Messrs. Adrian H. MuUer & Son
:
shares.
200 Jersey City Gas-Lieht...l75
FultonMunicipalGas-L't.l36>4
l8t Nat'l B'k, Jersey C"y.280
149 ifl
Morris & Essex RK
Atlanta & Charlotte Air
97»4-99
LlneRR
5 23d Street RR. Co
238>a
100 Long Islaud Bank
150
10 Knickerbocker Trust Co 186
11 N.Y. Life Ins. &Tru8tCo. 700
20 Continental Trust Co....l53'4
50
50
38
175
Shares.
2 Standard
88'
G.i8-L't. pref...
Co., common. lOaBank
50
10 Commonwealth Ins. Co.. 93-
2
II. B.Claflln
5 Lenox Hill
Bonds.
$4,000 Halifax St. R'y. let 69,
1916,
01%.
J&J
$500 Brooklyn Annex St. R'y,
let 68. 1917. July, '88, coup.
on.
J&J
6H.-
N. T. and Brooklyn Gas Securities—Brokers' Quotation*
GAS COMPANIES.
I
Bid.
Ask.
GAS COMPANIES.
A»%.
Bid.
I
FOHEIGN IMPORTS AT
NEW YORK.
Brooklyn Gas-Llght
Citizens' Gas-Liglit
For Week.
1887.
Bry Goods
Oem'lmer'dise.
Total
Knee Jan.
Dry Goods
1889,
$2,401,110
6,605,720
$2,792,104
5,702,997
$2,008,793
5,933,369
$9,009,830
$8,495,101
$7,942,162
1890.
$2,173,113
6,534,898
J
$8,708,011
1.
i
$96,120,258 $100,578,909 $103,813,825 $116,142,597
258,007,659 251.662,221 272,863,760 285,944,471
Cten'lmer'dise.
Ttotal
1888.
59
CoDHolitlated Gas
Jersey City
Hoboken.
Metropoiitjin— Bonds
Mutual (N. y.)
Bonds, 69
Tfassan (Brooklyn)
Scrip
Bon«l.s,
123
People's (Brooklynl
WUliamsburg
95
Bond.i, 69
103
98 "-i Metropolitan Biiooklyn)
Municipal— Bonds, 78
115
Fnlton Moniclpal
Bonds, 68.
125
Equitable...
103
Bonds, 68
(
94
I
95.
1»1.
,129
.
.
108
103
r.
I
110
.'..««
136 140luo 106
134 131.
108
iia
^nxikiUQ and liftimnctal
39 wcekg. $354.227,917l$352.241.130 $376,677,585j$402,087,068
Sp(encer
In our report of the dry goods trade will be found the
imports of dry goods for one week later.
The following is a statement of the exports (exclusive of
igfecie)
from the port of New York to forei|;n ports
Sept. 30 and from January 1 to date:
exports from new YORK FOR THE WEEK.
Itor the week...
FSrev. reported
1SS7.
1888.
#6.411,471
225,222,23s
212,040,242
.$7,196,743
The following
the port of
1889 and 1888:
1,
table
1890,
Co.,
New York CUr.
PROVIDK.N-CE,
R.
Securities Bought and Sold on Commission
All classes of
attention given to Investment Securities.
1889.
1890.
$7,327,175
251,792,666
$10,247,772
240,933,497
shows the exports and imports of specie
for the week ending Sept. 27 and
and for the corresponding periods in
New York
Nos. 16 and 18 Broad Street,
ALBANY, N. T.: SARATOGA, N, Y:
&
t.:
TRANSACT A GENBR.AL BANKINCi BUSINESS.
Total 39 weeks. $231,633,709 $219,230,985 $259,119,841 $251,181,269
mce January
Trask
BANKERS.
for the
week ending
t
120
94
lUO
97
176
110
120
100
130
100
and
to Philadeliihla,
^COUNTY
SpeoUA
Direct wire to each ofll«»-
Boston aud Chicago.
SPECIAL. NOTICES.
BONDS— $54,000 6 PER CENT HARDIS
Comity, Ohio road improvement and ditch bonds, running from 1 to
years; assessed valuation, $11,374,380; total debt, $253,500: popola
Oflerod tff
tlon 35.000; legal Investment for Maine savings bants.
theEQUirABLE MORTOAOB CoJCPAxr, 208 Broadway, New York. S«»'
card on flrst page of Chbokicle.
...
.
THE CHRONICLE.
446
United States Bonds.— While the Secretary of the Treasury has purchased no Government bonds this week, the market for them has been steady, and the 4i^s are quoted higher
than a week ago.
_
The closing prices at the N. Y. Board Have been as follows:
'ght gatxlijers' Ola^ette.
DIVIDENDS!
Samtof Company.
New Tork & New
When
Payable.
Nov.
EuRland, pref
N. Y. Cent. & Hud. Kivcr (quar.)
Pitts. Fovt Wavue & CWc. (quar.)
312
1
Termont & Massachusetts
3
Oct.
. .
3
.
2
Oct.
Oct.
United States National (quar.)
.
Oct.
1%
1^
Banko.
Hew York Produce Exchange.
Book> Closed,
Fer
Cent.
RallrondK.
(Days mclitsive)
1 Oct. 20 to Nov. 1
1 to Oct. lo
7
Oct.
15 Oct.
1
Oct.
8
5 to Oct. 15
15 Oct.
1
WALL, STKEET. FRIDAY. OCTOBER 3. 1890-3 P.M.
The Money Market and Financial Situation.—The New
Tork city bank statement of Sept. 27 was one of the most remarkable ever issued, showing in a single week the gain of
less than $13,fl6,980,100 in specie and an increase of no
This was of
170,200 in the surplus above legal reserve.
course the result of the large Treasury disbursements, made
chiefly on account of bond purchases, and it was in fact a
climax up to which the events of the preceding weeks had
Money had already become quite easy, and it has since
led.
remained so, all fear of 'renewed pressure being dispelled for
the time being.
Notwithstanding the improvement in monetary affairs
stocks have failed to advance on the contrary many stocks
have declined to lower prices and several have touched the
lowest of the year. There have not been any events of sufficient importance to account for this decline, unless we con'sider the poor statement of earnings for August on several
railroads— particularly on Burlington and Union Pacific— as
have refurnishing adequate cause for the weakness.
ferred several times to the circumstance that the roads earned
heavily in the last half of 1889, and if they kept up now to
their standard of last year they would be doing very well.
The truth is that the higher prices of cereal produce warrant
a moderate advance in railroad freights, and the roads ought
to be able to obtain this in later months.
In the stock market bearish sentiment appears to have been
uppermost, but many stocks are getting down to prices where
The general busithey invite purchases for a long holding.
ness of the country is of very large volume, and this really
counts for more in railroad traffic than the extent of the grain
;
We
crops.
The open market rates for call loans during the week on
stock and bond collaterals have ranged from 3 to 6 per cent,
4 per cent having been a fair average. To-day rates on call
were 2}4 to 5 per cent. Prime commercial paper is quoted at
6@6}4 percent.
The Bank of England weekly statement on Thursday showed
,a decrease in specie of £963,000, and the percentage of reserve
to liabilities was 33'51, against 41 last week; the discount rate
remains unchanged at 5 per cent. The Bank of France lost
13,675,000 francs in gold and 5,100,000 francs in silver.
The New York Clearing House banks in their statement of
Sept. 37 showed an increase in the reserve held of $16,384,300,
and a surplus above the required reserve of $14,075,400, against
a deficit of $1,905,300 the previous week.
The following table shows the changes from the previous
•week and a comparison with the two preceding years in the
averages of the Clearing House banks
,
.
:
Sept. 27.
DiffereiVefrom
Prev. week.
1888.
Sept. 29.
60,812, 700
60,762, 700 60,762,700
54.625, 100 49,818,200
I 59,987, ,100
Ijoans and disc'ts 394,029: ,100 Inc. 1,,397,500 409,311, 700 390,707,300
Circulation
3,481, ,900 Dec. 106,400!
3,948, ,100;
6,839,000
Wet deposits
406,838, 800 In. 16, 856.000' 417,324, 200 403.714,900
Specie
93,397, 300 In. 16,,980,100 69.674, OOO; 85,329.400
Legal tenders
22,387 800Dee.5,,595,900 35,692, 800 31,609,500
Eeserve held
115,785, 10o'ln.l6,,384,200 105,266, 800 116,935,900
Legal reserve
101,709, 700 Ino .4,,214,000 104,331, 050102,178,725
Capital
Barplus
Bnrplns reserve
.
14,075,400 In. 12,170,200
935,7501 14,757,175
Foreign Excliange.— The sterling exchange market, though
not active, has advanced greatly for sight bills, owing to dearer
money in London. Posted rates close at 4 83i^@4 83 and 4 88,
against 4 81'a4 SIJ^ and 4 85}^ respectively last week. Actual
rates are Bankers' sixty day's sterling, 4 83 a4 83M demand,
4 87^(34 871^ cables, 4 88i^(g4 881,^.
:
;
;
Posted rates of leading bankers are as fqUows:
The following were the
rates of domestic exchange on New
at the under-mentioned cities to-day: Savannah, buying
discount, selling par; New Orleans, commercial $3-00(§ $3'35
discount; bank, par; Charleston, buying, 3 16 discount, selling
par; St. Louis, 90c. per $1,000 discount; Chicago, 70c. per $1,000
discount.
York
K
Sept.
Se.pt.
Periods
27.
29.
1907
reg- Q.-Jan
Do stamp'd int. pd.
..coup. Q.-jan
4s. 1907
4s.
Do ex-cp. toij'ly,'91
6s, cur'cy,'95 ...reg.lJ.
.reg. J.
69, cur'cy,'96
63, cur'cy,'97 ...reg. J.
...reg.
J.
cur'oy,'98
63,
6s, curVy.'Oa ...reg. J.
*
& J
& J.
& J,
& J,
& J,
Oct.
it-
•1031a 104
no3iii 1031a
'122VJ *122iij I2213
no's •11914 11914
12314 *123iai 1231a
'II913 *119i2 •II912
*114
'114
114
116 *1161<! '116
119 >119
'119
122
*122
"122
>125
•124 la »125
104
104
1891. .. ....reg.'Q.-Mch
4^28,1891.,.,..coup. jQ.-Mch
1.
Oct.
2.
Oct.
3.
1041a •101
•104
•104
'IO4I2 •104
122^8 1221a
'I1912 •1191a
122^8 •1221a
'I19I3 •1191a
'114
114
'116
116
'119
119
>122
122
>125
125
•12213
'II9I3
•I22I3
•II9I3
'114
•116
•119
•122
•125
This Is the price bid at the morning board ; no sale was made.
Coins.—The following are the current quotations in gold for
various coins
:
$4 83 '^$4 88
Boverelgns
3 88
Napoleons
XXKeichmarks. 4 74
-a
-a
3 93
4 78
a 4 83
'3115 75
'815 70
Fine silver bars..
Flvetranos
113 a 114
—94
3—96
Mexican dollars.. — 87 »
Do uncommero'l — 86ifl»
— 80 -a
Peruvian sols
4 78
25 Pesetas
Span. Doubloons. 15 55
English silver.... 4 80
Doubloons.
18 55
Mex.
par •aSisprem. U.S. trade dollars —87
Fine gold bars.
•»
— 89
— —
—82
4 86
•»
State and Railroad Bonds.— Quotations for State bonds
The sales comprise
have scarcely changed since last week.
the following: Alabama, Class A, $5,000, at 104; Georgia gold
7s, $11,000,
8914;
at lOlJ^'glOlSg;
Louisiana consol.
4s, $10,000,
at
4; Tennessee
Virginia 6s, deferred
South Carolinar63, non-fundable, $5,000, at
settlement 5s, $1,500 (small), at 10353';
trust receipts, $57,000, at 9.
The market for railroad bonds was fairly active on Monday,
but has since been quiet. Prices, thoueh irregular, are well
maintained. Shenandoah Valley bonds have advanced.sharply,
in view of the approaching reorganization. Tbe first 7s are
quoted at 137 bid, against 130 bid last week. Reading third
incomes sold to-day at 37, as against 39ig last Friday and 41
the week before. Missouri Kansas & Texas new second mortgage 5s fell two points, to 45, on Tuesday, but to-day are at 46.
Union Pacific collateral trust 4i^s, on apparently forced sales of
Houston &
$53,000 bonds, fell yesterday from 84 to 80.
Texas Central general mortgage trust receipts also declined*
from 73 to 71. Most of the list, however, exhibits strength,
and some issues are higher than a week ago.
Railroad and Miscellaneous Stocks.— The stock market
remains in a sensitive condition. The heavy gain in the bank
reserves shown by last Saturday's bank statement counted for
little in strengthening prices, while disappointing railroad
earnings, especially on the Union Pacific and Burlington &
Quincy have been effectiva arguments in the hands of the bears.
Rumors of a strike on the Erie and of a dissolution of the Reading pool, aswellas higherrates for money in London, have also
been factors in speculation. Outside, however, of a few leading stocks, dealings have been narrow, and in a number of instances prices have given way on very small sales.
In the present temper of the market it is not surprising that
many prominent stocks should have recorded this week the lowest price of the year to date. Among such were Central of New
Jersey, Chesapeake & Ohio common and 1st and 3d preferred.
,
Rock
Island,
Illinois
Central (at 104, the lowest price since
New York & New
1880),
etc.
Atchison
& Western comUnion Pacific, North
on Monday, when over
England, Norfolk
St. Paul,
fell to 37^^
mon, Oregon Short Line,
31,000 shares were sold, and after a rally to 39 it fell to 36%
to-day. The Villard stocks were relatively strong till to-day,
when North American broke from 37 to 34%.
Lackawanna rose on Monday to 148}^, it having closed last
week at 145. Its strength when the other coalers were weak
looked like manipulation. It fell subsequently, and closes
New Jersey Central was down to 113
ex-dividend at 143=^.
Hudson to 1545g. Reading has
to-day and Delaware
fluctuated between U}4 and 375^, at which Utter figure
&
it closes.
For the specialties, Pullman jumped from 316J^ last week
Edison General
to 333, then to 318, and back to 331 to-day.
Cattle Feeding
Distilling
Electric sold at 93 on Monday.
shares have been improving in price on the chance of larger
dividends. Citizens' Gas yesterday reached 95)^—the highest
thus far this year.
Sugar certificates were carried up to 8OI3 on Wednesday, as
against 77% at the close last Friday. Tliey yielded to-day
The effect of the Tariff Bill on the
to 771^ and clo5e at 77;^.
&
Trust,
first
October 3.
Sixty Days.
Demand.
Prime bankers' sterling bills on London.. 4 821334 83
4 88
Prime commeroiaV
4 81 »4 8II4
Documentary commercial
4 80%«4 81
Paris (francs)
5 22i3®5 21''8 5 193835 183t
Amsterdam (guilders)
40 SlOiie
40i4ff40s,«
Prankf ort or Bremen (reiclimarks)
94Se39434
95i3a955a
Interest
4I23,
American,
1890.
[Vol. LI.
it
is
generally believed, will not be as bad as
was
at
fGArcd
Silver certificates fell off to 109?^ on Tuesday, then adThey were 113:'^.@
sales to 114J^.
1133^ to-day, closing at 113?^.
The market to-day was very weak, esp'jcially in the afternoon, there being heavy sales of Reading and the grangers.
The Secretary of the Treasury has purchased this week
735,000 ounces of silver, at prices ranging from $1-1345 to
$1-1395. The purchases took place as follows: On Monday
nil (the purchases for the month of September having been
completed on Friday last); on Wednesday 335,000 ounces (out
of 375,000 offered), at $l-1390(a$l-1395; to-day 510,000 (out of
957,000 offered), at Sl-1345(a$l-1386. The total purchases ia
October aggregate 735,000 ounces.
vanced sharply on heavy
.. ...
.
OCTODKB
IBE CHBONIOLB.
1800,]
4,
NEW YOBK STOCK EXCHANWE—-4CrjVB STOCKS
447
OCTOBER
for week ending
3, and tince
HIOHEBT AND LOWEST PBICU
8T0CKB.
KR.
Artlre
Stocks.
Atcliison Top. A BuntttKe
AtlanlicAl'iulflo
Ouiiailiaii I'acltlo
Cuiiailii tiiMitli(<rii
tfe
Monday,
TuMday,
Sept. 27.
Sept. 20.
Sept. 80.
3738
38'8
3738
38<>g
77 *
•a'a
6*4
77
77% 77%
*53lfl
Ouiilrnl of Nnw Jersey
Oeiitiul riiclllo
Caiomiiwako AO.— Vot.Tr.ccrt.
1)0
do l8t prct..
l)o
do 2di>ref...
Clitcaiio
Saturday,
At toil
>^ Alt. llnirf, Tr. Rcc...
Ohlrat.'(>WniitiiKtoii Aitjulnoy.
<Si KaaWru Illinois...
Chic.
Oblvak'o
Do
pref...
OliloatroMllwaukcctSfBt.l'uul.
Do
pre(.
CBilcaKO
Northwestern
Do
prcf.
&
Chlcaco Rock Island A Paclllc.
ClilcnKo Bt. Louis &. Pltt.sbiirK.
Do
pref.
CJilcnKO St. Paul Mln.
Do
&
Oiu..
pret
Sii
21
21
•50
37"8
•13
68
38
132
lyiU
05% 96
43
44
•SB's 91
64'8
114
l»t nret.
2d pref.
Kvnnsville ATerre Haute
Groat Xorthcrn, pref
minoi.s Central
Iowa Central
Do
pref
&ake Erie «& Western
Do
nref
Xiftke Bhorc 4 Mich. Southern.
TtiOnK Island
Donisvittc& Nashville
liOuis. New Alb. & Chioaso ...
Uanliatlaii Elevated, consoi.
Mexieau Central
Mielii^.'au Ceiiuat
Milwaukee Lake Sh. & West.
Do
pref
Milwaukee & Northern
Minneapolis
& St.
Do. new pref.
Missouri I'neiftc
Mobile AOhlo
when
issued
10718 108
80'8
41ia
•29
•80
41>9
•75
22
115
56
•3714
120
Do
pref.
Western
<&
pref
Borthcrn Paclflo
Do
pref
,
Ohio <& Mississippi
Ohio Soutliern
Oregon K y & Navigation Co.
Oregon Sh. L. & Utah North..
Peoria Decatur & Evansville
Phila.A Read. Vot. Trust. Cert.
Blchmond&WestP't Terminal
Do
pref.
Bio Grande Western
•89
107
•5
1218
*17ifl
•2538
70
18
30
00
77's
22
124
81
941a
111
7
12ie
66I4
107%
1141a
1081s
7008
•14
8138
*29i8
30
16
*41ia 43
•75
•21
115
81a
la's
8OI3
•15
•41
291a
681a
OOI3
81
17
43
201a
60
OO's
30% 31%
154% 1554
22
124
•75
211a
78%
05
111
513
•1218
O4I2
5I3
15
25
26
t69
7933
17ifl
171s
27% 29
9
78
2Hs
124
80
106
•25
20
6958
28
26
7018
28
100
105
Denver
Wh*ellng& Lake Erie
Do
do
Wisconsin Central Co
Pacific Mail
Pipe Line Certificates t
Palace Car Co
851a
42
"25
26
69^9 71
27^8 284
•98 100
I8I2
6%
'260
•28
*18
29
*59ia
2934
7538
•23 13
61
60
28
18
60 la
29\
75%
24%
30
304
•24
40%
19
•75I3
20
100
33
19
41i«
1938
761s
21
18
75%
20
96
331a
•19
39 13
194
7513
20
48% •48
114
112
120
75
763s
25
21
100
34I2
1912
4II2
lOOs
761$
20
50
114
12
80
200
1838 "isia
7
7
28
18
*59
2S
19
30
6OI2
3038
7558
76%
20I3
96
211a
100
33
3312
19
19
30%
4058
IOI4
•7513
7612
•18
•45
112
120
lOis
21
50
112
10% •10%
lO'a
23
23
234
224
351s
7319
2214
22
30
37
•42
79ifl
3513
7258
73
22 13 22%
2108
•20
2158
44%
43
44%
9408
0434
46
46%
94%
2013
3708
44
421a
8018
217 217
112 11258
76 14 77%
411a
23
35
431s
0713
31
95 13
47I3
971a
45 le 46
93
9339
1713
17
2OI3
37
•42
27%
29
30% 30%
76% 77%
•73
80
32
106
29%
1914
35
68
92
55 13
28%
10% 10%
23%
354 3508
23
73
22%
25
20
20
96 99
W358 34
•18% 20
4014 40^8
I9I4 20
75% 76%
18 20%
•48
112
80
114
120
Ills 12
108
lOHl
46
122
79
8%
78
22
123
81
794 80%
•15
41
20
16
41
29
67% 68%
96
120
•7
8
•23% 25
•13
16
59% 60
84 '4
85
42% 43
25
25
69^9
70%
•27% 28%
7358
2268
21% 21%
274 30%
44%
944
4378
9414
•074 08 14
•45% 45%
100
105
16
69%
38I4
24% 24%
60
60
43% 44%
18% 18%
-6% 7
•27% 28
17% 17%
"60% 614
30% 30%
76% 77%
•24
25
22
20
•96
99
32
33
18% 19
46% July 19
61135 Jan. 24
Feb. 28 154 June 16
112
120
50
113
11,545
450
12
•11% 12
75
75
•72
90
107
90
89
68
80
10%
23%
35%
11
230g
3656
22%
220b
73I4
73%
21%
28
44% 45%
91% 954
40% 47
2114
26
08
98
45% 47%
68
11
11
22%
35%
73%
22%
23%
35%
75%
22%
204 20%
25 % 29
44% 40
95%
40% 46%
07% 97%
47% 48%
97% 97%
9314
17
17
•10% 18% •16% 19
2118
21
21%
38
37% 38
44
43
42
43
40% 42
41
80
814 77
217 210
220
IIOI3II2
100%
76
79
78
43
43% 42
80%
222
07
21%
37% 88%
41% 4i'e
77
80%
21
20% 21%
•42% 44
37
38
•42
44
221
40% 41%
77% 80
218 218%
221
112% 113 114% 113% 113^8
70% 79% 80% 78
80%
42% 43% 44% 44
44%
2,828
8
26
11,555
43%
29,600
42
200
120
200
3|lll%MaylO
8 46% July 15
14
28
26
26
6
4
26
26
10
85 Sept 26i 10079 May 10
65 Auk. 21' 80% June 10
95 Aug. 251101 May 13
18% Jan. 13 32% Sept 2
147 Jan. 2 179 May 14
xl34%Apr. 2,149% July 31
14% Apr. 1 2178 Sept 2
45 aCai. 26 61% Aug. 28
8% Apr. 14 11% May 21
67 Jan. 6 81 May 21
20% Jan. 20 274 May 21
96 Jan. 17 127 June 27
71 Feb 19| 86 June 10
104 Sept 30120 Jan. 31
6 FcU 191 12U.May 12
]
6^8
27
27
30%
75% 76%
24%
•26" 21%
08
08
32
32%
'18% 20
48
'112
40%
19%
75%
20%
50
113
109
29
19%
34%
68
92
52% 54%
26% 27%
10%
11
22% 23
34% 35%
74% 74%
21
22%
1914
20
24% 25%
44% 45
464
98
31
Alar.
Oct
3,
29% May 19
69% May 23
524 May 18
June 16
10,270
ll|
251
22% May 20
" 10
"
9
May
...
--
27 345s May 12
2I 217^ May
6
50% Apr. 14 66% May 20
June
39%
10
3,160 20 Sept 151
18,315 71% Mar. 19i 86 May 19
19% Apr. 11 27% Aug. 23
2,230 13% Apr. 17 24 June 6
25 95% Sept 22 108% Apr. 24
2,368 32 Oct 2 50 Jan. it
375 16% Jan. 17] 24 May 3
102,520 35% Jan. 13l 48% May 19
12,165
1,0001
4oo; .„ .
100 40
12 104
Mar.
3'
.
-
53% May 14
Feb. 17 120 JiUy 24
jll5
Jan. 71304Mayl3
200 10% Sept 15 14^8 May 9
150 70 July 31 1054 May 24
200 31 Sept 22 3834 June 16
July 18
100' 82% Jan. 18 09
1,150105 Sept 15 113 Jan. 9
23
Sept 23 374 Apr.
3,500; 28
3,540 1778 Sept 13 24% .May 20
1,100 30% Jan. 4 42% June 13
10 42% Feb. 1 68% June 11
50 68% Feb. 8 05 Aug. 19
94,248 92 Oct 3 6878 Jan. 28
4,612 26%Sept26l 38% May 8
May 13
1,330 10% Sept
;pt 151 15
3 31% May 14
5,773 224 Oct
2,757 30% Jan. HI 425*. May 19
2.083 67 Feb. 24 79% May 19
2,375 21 Oct
3i 36% Jan. 10
"
3,010
203,000
37,775
3,740,
45
98
12:
59
42
1,450
0^8
17% 10
00 00%
23% Apr.
43 244% Jan.
17% Mar.
250
0% Mar.
608 27 Feb.
400 17% Oct
18% 18%
68
59%
27% 28%
165
400
200
23% 24%
92
"5414
280
81
IO4O8
•50
107% 1084 108% 108
29% 30
28% 29% 28%
19% 10% 187g 19% •18%
35
34
35
34% 35
54% 56
27% 28%
94
77%
120
11% 11%
80
82% 75
11%
3l
100
22% Mar. 4 3312 Mav 12
900 15 Sept I2I 19"8 May 15
1,687 57%8ei)tl5i 68 Jan. 31
107 1075s Vi,2W 103 Aug. 21 114% June 5
'90
92%
100 86 Mar. 5 95 July 25
83% 84% 40,779 824 Feb. 241 92% May 3
•42
44
323 33 June 2 54% Mar. 10
105 105 14
1.289 100 Jan. 14 117 May 16
24% 254 3,220 1778 Feb. 18 31% June 4
103 92 Mar. 4 104% June 6
00
90
130 84 Sept 13 104 Jan. 23
111% 111%
653 106 Sept 6 117 Jan. 23
50 Jan. 13 62% May 16
514 6%
8 May 3
100
5 Sept 5
•13
15
200 12 Jan. 3| 20 May 9
18
18
435
9% Apr. 23 20% July 16.
25
25
35 22 Apr. 1 31% May 10
68% 69% 32,252 66% Sept 15 794 May 10
27 14
27
2,046 13 Jan. 7' 304 Sept 25
•98
100
100 Sept 2
102 Jan.
104% 1044 2,140 10379Aug. 25 111 June 3
•16
104
180 13% Sept Hi 184 Jan. 27
•09% 704
323 07 Sept. 12! 75 May 5
•3714 38I4
100 30 Feb. 21: 42% May 5
40% 37%
19% 1978 19
76% 76% 75
•18
20% 18
•48
0«%M«y
8
IS
IS
la
10
14
17
3
7
15% 15%
58% 58"
3978
93
0314
•7
•23
Bittaeat
8 08 July
3 70% May
3.403 X 109 4 Oct 3 123% May
8,280 100%AaK.2Ml7 May
10 130 Oct. 2 148 May
42,470 704 Oct 3 08% Jan.
190 144 Sept 12 18% Feb.
300 33 Sept. 11 93 Feb.
400 20 Sept. 12 307gMay
•20% 22
•78
I8M,
Mar.
6%
96
•8%
75
104% 104% 104
"260
18% 18%
•6% 7
2313 24% •24
32
108
97
108% 10709 108%
•90
90
92%
634
40
...
778
25
16
60
184
203a
. .
106
7>s
i'e" "17
Bilver Bullion Certificates...
Bngar Refineries Co
Tennessee Coal & Iron
Do
do
pref.
_,
104
1838
.
North American Co
Oregon Improvement Co
81
'260
1838
•7
44 13 44%
'.
120
•78
65
•9413
Mational Lead Trust
120
2408
Consolidated Gas Co
Cattle F. Co
Edison General Electric.
Laclede Gas (8t. Louis)
•21
65
19
8%
75
23''e
21»8
•29
4373
O413
&
808
78
43% 44%
Amer. Cot. Oil Trust receipts.
Bnckeye Pipe Line Certirs 5
Chicago Gas Co
Citizen.^' Gas Co., of Brooklyn
Colorado Coal & I rou
Distilling
8%
444
28
30
68% 69%
20% 21
•75
43 14
260
35I8
7318
,
•96
43%
106
29I2
29
I914 194
19
IS'a 1938
-34
34'8 •34
•341a 35
68
68
92
92
55 14 56
5414 561a
5433
28I4
27 14 27I2 27
28
pref
MIscellaneona Stocks.
eoia
9618
16
43
314 314
43
106
28% 2918 20
pr4f
68%
•06
43%
'IO5I3
& Gulf
293g
421a
prcf.
Pacific
2038
•414 43
24I2
33
83% Oct
36% Oct
132
140
79% 814
•16
•41
•29
"98
99 102
x97
104% 104''8 104%
105% 106 xl05
I6I4
16
16
164 •16
16
15'8 15''8
•68% 70
6914 694
70
69%
681a 6938
•37
39
381a
37% 37% "37% 38% •37%
80
Do
81
16
106% 105% 106
25
25
25%
954 954 94% 94%
90 94% •90 94%
90
90
1113811138 111% 111% 110 111%
•5% 6% 514 6%
612
•12
•12% 14
•13
15
15
1938 1938
17% 17% 18
18
102
106
11% •11
Wabash
80<>s
•18
24I3
19
120
13>3 •12% 13% •12% 13U
•13
2408
•96
95
182
1144 1144 IllOOglUH 100%llli4 1004110
10841084 108>a 100
108 108% 1074 108
OH
771*
701a
.
pref
54
•30% 39
126
114%
32%
19% 10°«
83% 98%
86% 374
314 314 30% 31
3,070
I54I4 157
154% 155
154% 155
3,473
1484 140 1471a 144% 146% 144 145 14 143% 144
82,756
184 184 184 •18
10
18% 18% 18% 18%
305
56I3
5513 56
56
56
56% 57I4 57
574 4,310
3118
1561a
•94
"87
•75
Pmlman
6OI4
111
•60
•1114
Union
01
6514
Louis Alton
.
66>4
80
132
In
30% Jan. 18 90% May
210
4% Feb. 37 U% May
1,705 71% Mar. 10 814 Auk.
1,020 91% Auk. SI 01% June
9,300 113" Oct.
3il2H%Mtty
30 Mm. 27i 36% .May
4,606 19% Oct 2i 27% Jan.
96iu
05
09% 9618 94% 96% 93% 08
00,800 03% Oct
'42% 44 "a 44I3 441, •43
444 42% 42%
680 26% Feb,
'881a 01
00% OOTg •88% 91
•88H1 91
406 70 Feb.
6638 60
69% 664 66% 664 63'8 054 78,017 037a Oct
Lou.
Paul
IJo.
„
Union Pacific
•31
33
19% 20%
IM«.
84,200
78%
934 93%
131s
L. Ark.
.
•31
204
88
8'»
770,
97
44
Bt.
Bt.
Do
113
83
*6'8
96
•421a
*88i9
St..
Paul Minn. * Manitoba
Bouthern Pacific Co
Texas & Pacific
Tnl. Ann Arbor &N.M
Toledo & Ohio Central
88%
6%
78%
68% •63ifl 9-1
117
114%115
87^8
Loweat
Wiarea.
3.
•13
19
26
19
Oct
1,
Range of galea
Week,
13
Bt.
St.
654
*86>s
126
2.
•78
80
6
24I3
Do
pref.
KomeWatertown AOgdensb'^ 112
& T. H pref.
& Tex., trust rec.
& San Fran. 1st pref
& Duluth, com
55
i'32'
Oct
Balai
of tba
Friday,
78«3
24I3
•20
483e
_
55
126"
•7
*7
7''8
8
8
8
23 20 •23
•23
26
26
13I3 151a •15
16
1558 luOg •15
59 60
6018 60%
60
60
60
10718 1071s 107ial08ia 107% 108
107%
•91
•91
90 921a 90
93
93
831* 83^8
8358 8408
84
84% 84%
•41
•41
44
44
42
106 106
1051a 106
1051a 106 •10513
24=^
*.i4
24
2418
2414
24
244
pret.
Do
S6
30
132
.*7
.
Horfolk
78>a
B3°8
23
<fe
.
•8>
5414
OSOg 53%
1I0>4 117 117^1 118
•30
•30
38
33
•2014 21
•204
204
115
78
106»2 1061a 10618 1061a 104
79
Hashv.ChaHanooRa& St. Louis 100
Hew York Central Hudson 1051a
*lGi8
Wew York Chle. <t St. Louis.
Do
Istpref. •68%
Do
2d pref. •3714
Hew York Lake Erie & West'n 2413
Hew York & New England....
New York New Ilav. i Hart.
New York Ontario & West.
Sew York Susquehan. & West.
88
1.
Thuraday,
139
80
16
27% 28
Do
04
53'8
es^s
114>4 114
•GO
Louis
Do
pref.
„
Ho.K. & Tex., all ass'nt paid
77
*30
08U 68Js 68%
deve. Cincin. Chic. & St. L...
96
96
Do
pref.
31
31
SO'a
OolumbusHocklnRVal. 4Tol.
I57I4 15714 15514
Delaware & Hudson
14538
Delifware Lackawanna JtWeat I44I3 146
I714
171a 171s
Denver c&Klo Qroude
*55i9 56
554
Do
pref.
8% 914 •8%
Sast Tennessee Va. <& 6a
Do
Do
ah'.
«i4
Oct.
118^ 118
118
*S0
126
S4
37%
77
Wedneidar,
JAN.
3,800
1,400
8,000
10% Oct 3 34% May 19
254 Oct 2 42% Aug. 13.'
40% Sept. 15 65 -May 15
68 Feb. 20i 93% Sept 29
30% Jan. 21 54% Juno 8
92
Jan.
2,1074 -May 16
36% Mar. 4l 48% .May 24
•93
494 92% Feb. 1119 May"'
07
•16% 10
1,400 13 Apr. 14 _S%May 14
May 15
20% 20% 15,755 16% Feb. 21 24% Sept
3
3 47%
44,7571 347a Oct
3479 37
12
.May
54
17
325 42 Sept
42%
42
3979 40% 13.483 30% Feb. _'" 47%Jvdy 18
Jan. 21
30|
77% 804 784.000 77 Sept 3011084
4,508 187 Feb. 28|222 July 24
218 221
Aug. 19
31il2l
112% 113% 1,011,000' 97% Jan.
93 May 21
77% 78% 141.7C0 50 Jan. 10
7
Jan.
89
15
42
42% 4,000 39% Sept.
Jan. 27
917,<iJept. 12 119
•04
96
May
14
87
22
82% 82% 6,132 80% Aug.
47% 48
'94
•94
96
'94
96
96
Western Union Telegraph
82% 83
82% 83% 83
834 82^8 834 82% 83
* These are the prices bid and asked; no
sale made at the Board. § Prices from both Exchanges,
'
x Ex
dividend.
I
Lowest la ei-dlv.
2
J
4
1
!
IHE OHRO^iCLi^
449
[Vol. LT.
STOdK?.
NE.V Vi>aK sr;>CK EX.CHi.NUE PRICES (Coiiiin\ie\)-iyAOriVE
Od.
I.vACTiTE Stocks.
?i Indicates unlisted.
AUanta &
CTinrlott* Air LIT
BostoniN.
. .
. .
South. 111. pref
Y. AirLine pre!
Brooklvn Elevatedr
Buffalo Eochester & Pitts
Preferred
Burl. Cedar Eapids &Nor
-California PaciflcH
Cedar Falls & Minnesota
CleTelauil & Pittsburg
Preferred
S. Shore
&
Atlan.TT
Preferred!!
Flint & Pere Marquette
Prjferrea
PaciftcTT
&
100 40
100 165
100 97
120
100
100 33
Keokuk
100
1
100
75%
76>4
100^
20
35
100
12
100.
1
Jan.
2
L
;
I
.
I
.
9 la
27
15
I
,
.
I
1031-2
.
7
'
:.
.9010
100
90
15
3
;.
15
31
29
60
100|
1 00
I
.
65
I
PreferredH
American Express
Am. Telegraph & Cable
May
I
I
& Texas
I
May
Mar.
Aug.
Auk.
3314 Auk.
75 May
115 July
7 Apr.
I5I4 Apr.
9OI2 Mar.
31
65
—
1149
17%
I
lOii
SECURITIES.
17
38
100
150
Gas
Postal Telegraph — CableU
Quicksilver Mining
Texas Pacific Land Trust
U. B. Express
Wells, Fargo Express..
New York
Bank
City
27, 1890, is as follows.
SECURITIES.
Bid.
Special tax. Class 1
1910
Consolidated 4s
1919
68
89>s
Rhode Island— 6s, cou.. 1893-1894
I
'
'
i
Statem-in' for tha week ending Sent,
omit two ciphers (00) in all cases.
We
17% Aug.
39
t
.Bank of New York...
Manhattan €0
2,000,0
2,050,0
Merchants'
Mechanics'
.America
Phcnix
^,000,0
2,000,0
Tradesmen's
760,0
300,0
600,0
1,000,0
300,0
200,0
200,0
600,0
300,0
3,000,0
1,000,0
1,000,0
'Chemical
Merchant?^' Exchange
-Gallatin National....
Batchers' <k Drovers'.
Mechanics'
tfe
Traders
X<eatoei Manufact'ra.
Seveuth National
Btate of
New
York....
American Exchange..
'Commerce
.Broadway.
Mercantile
1,200,0
B,OOO,0
6,000,1)
1,000,(1
Peoples'
North America
IHanover
Irving
Cltize-a-
Nassan
Market* Fulton
6t. Niclioia.s
Shoe
&
Leather
Com Excliaugc
Continental
-Oiieritiil
.^Itnponers'
& Traders'
-Park
Third National
B. Y. Natl txchange
New
Yorli Countv....
German-Americaii
Cbase NHtional
Fifth Avenue
German Exchanre.
.
.
•Germania
fjnltod States
Uncoln
Garfield
Fifth Nailonal
Bank of the Metrop...
WestSide
eixth National
Western
National....
First National,B'klyn
lOttl
287,6
237,8
117,0
682,6
74,8
448,2
1,898,8
3,227,4
1,589,7
1.459,5
273,2
397,5
208,5
697.1
121,1
250,1
1,000,0
1,000.0
1,152,5
300,0
386,1
4,680,5
2,416,6
122,2
133,9
1,600,0
•240,0
•First ^atiullal
125,6
1,502,8
500,0
600,0
600.0
760,0
500,0
500,0
•.^,000,0
North River
.East River
^I>oarth National
••Central National
Beconrt Natioual
Ninth National
6.28fl,4
2,680,0
2.290,5
1,73^,0
2.653.1
1,028,0
6,134.1
316,9
6,83:,
1,000,0
450 U
250,0
3,200,0
2.000,0
300,0
750,0
500,0
1,000,0
300,0
250,0
200,t
750,0
600,0
100,0
200,0
200,0
600,0
300,0
200,0
150,0
800,0
200,0
600,0
200,0
S.500,0
300,0
»
3,1.30.0
200,0
700,0
422,7
1,600,0
t
11,000,0,
9.721.0,
1,419,4
«44,P'
6,36S,2
7,-7H.U
l,8oe,9i
2,013,61 12,727,2
4,591,0
633,2
2,331.3 10.15.1.1
1,964,8
66,0
1.6.59,3
86.\2
364,8
821,7
674,0
286,1
544.1
1,000,0
/Pacific
$
Specie.
307,0
1,54'2,0
510,6
301,3
292,9
3.314,9
248,6
149.1
22,?04,8
3,197,8
5.107,9
1.641,0
2,726.0
7,52,9
886.7
538,7
153.0
1,212.8
138,7
3,316,5
604,9
1,332.0
345.3
3,4o6.9i
699,5
16,4*3.0 2.640.0
19.532,0 3,8827
5.387,1
98^2,2
7,979,7 1,794,0
2,608,2
591.4
10,^268,3 2,688,6
6,677,4
825 9
2,381,0
ssoio
4.405,3
507,0
13,019.4 3,843.0
2,912,0
560,3
2,760,7
732,6
2,939,4
472,5
4,210,1
983.4
1,788,9,
2118,6
50b,n
673,8
3.992,21
981.6
2,118,0
98,2
20,06 ;,0 4,977,0
18,048.9 5,767,0
2,025,61
160,9
2,e.66,0'
6,28'2.5
1,178,5;
19H9
16,786,71 5,294,5
6,541,0! 1,58.10
4,030,0
^•^*'^'^l
21,412,3
3,959,7
1,476,8
2.563.01
1,164.0
1,023,9
4,464,3
285,3
202 2
527,0
447,9
258,4
856,9
778,9
446,3
418,8
493,8
276,8
324,3
294,4
638,7
253,8
2.878.2
6100
2.913,7
727 7
10,445,4) 2,686,9
4,319,8
'994;i
2,«14,2
i«(j,o
2,747,2
173.4
3 909, ,S 1 1 "^Q n
3,383,4
651.1
3,261.4
615.2
1,846,9
379.5
4,001,9
989.6
2,143,0
322,0
154,7
888,1
179,6
732,9
10.348.3 2.825,2
3,94 1,0|
952,3
1,460,0
1450
60.812,7 59.9^t7,l ,SP4.029,l 93 3>7.3
LeoaU.
S
400,0
386,0
245,5
217.0
«^22,0
222.0
508,0
142,8
1,025,1
263,6
253,7
46.4
3S1.0
102.1
226,0
29,i
179.8
657,0
Devoaiu.
t
11,030,0
10,128.0
7,036.9
C.4--'4.0
12,163,5
4,303.0
13.311 9
l,9U7.-2
24.454 2
3,720.2
4.-260 2
I
8
100
30
••
20
"
27
Loant.
I
I
35,793,7
33,793,7
35,793,7
13...
••
20
••
27...
..
760,'2
138,6
83,4
767.5
467.0
117.0
334,7
219,3
73-i.O
90.5
I60.O
173.5
52,6
816,6
236,1
6-29,3
326.3
60.9
227 8
3i0,9
•2O1I.6
373.3
193.0
344,0
87.0
275,8
206,1
\
June
Jan.
May
Apr.
Jan.
Mar.
36
90
310
47
100
June 301
1290
581a Sept.
(>6
May
31
Oct
Apr.
Sept.
Jan.
Juna
91a Juna
431a Juna
23% May
Sept. 90
Jan. 150
63
135
Juna
35
6 Fob.
3513 Feb.
18 12 Apr.
Jan.
Juno
36.
Ltgalt. \Devosits.-t
''i":''^n
Oleann§»,
*
628.007.0
330.421,3
72».990.9i
8l3,583.3'82S,8J9.S
3 3,481,9 729,213^
3,19S.5' H6,418.3
4 3.206.7, 87.123.0
L. 3
89.*15,4
6 3.22
3.112.01 89,073.1
93,663
93,102,0 3.143,0 72.182.8
2,12J,^)' 70,333.8
»»,308
22,647,0
67,98.;,0
2-2,822,0
98,099.0
23,588,0
' We omit two ciphers in all thue figures,
deiphla, tbe Item -'due to other tianKB."
103
58, 1914. ..J
'^4104
Ist, 5s, gu
2n(l 5s, int. us rent.. '03.1 96
113,2
331.0
291,0
310,1
231,2
1.198,0
Specie.
98508.0
Ist mort., 53. 1904
218,9
274,9
Ilia
63 13 May
25 Jan.
16 Feb.
91 Jjn.
Aug.
Phlla.-
Sept
3,078,4
76,1
2713 Aug-.
64,685,4 153.004.7 10.329.7l 4,401.2
64.685,4 133.551.8 10.329,71 4,613.5
64,685,1 133,7 70,4 10,056,11 4,893,6
8,7^20.1
5,773,3
3,074,7
4,494,6
14,399.3
2,893.0
2.961,7
3,494,8
4,639,4
1,724.0
3.110,0
3,308,7
221a Jan.
52 la
23
13
80
7 la
Boston.*
Sept. 13...
••
20...
••
27...
6(i2,6
10,78l.,5
May
1
f
... 120,799,8 392,546,4 69,593,6,28.155,1
....120,799,8! 391,9,-8,1 70,218,7 25,482.0
....'120,799,81 393,160,0 87.812.3 21,0J3,5
.'120.79J.8 392,831,6 70.417.2 22,983.7
.1120,799,8 391,029,1 93.397.3 23,387,8
Sept. 6
"
13
Juna
Oct.
75
Sept. 120
6s, deferred, trust receipts
Capital X
Survius.
165,7
330,2
114,4
46b.2
129,3
390,3
90i,l
171,9
151a
32
Mar.
117 1110
May
84%l 82i4Aug. 87 Jan.
98 Sept. 100 Sept.
27 Oct.
36 Jan.
15 Jan.
33 July
lO^ifl Sept. 105 13 Juna
I
:
6
4
98
l,82'i8
3,045,0
1,133,7
2,84 <,
1,447,3
2,938,0
13,113,0
15.801,1
4,196,2
1,661,1
I
Vork.'
.AUf,'.
Loam
17
2
127
Bakks.
Aug.
53i2May
SECURITIES.
10!)
.
S.
Capital. Sun>lH<.
(UOl nviittid.i
1912
Mar.
South Carolina— 6s, non-fund.1888
Brown consolidated, 68
1893
Tenucs.see- 6s. old
1892-1893
Compromise, 3-4-5 ds
1912
New settlement, 68
1913
5s
1913
3s
1913
Virginia— 6s, old
68, con.so!idated bonds
6s, consolidated, 2d series, rects.
.
RR
July
Mar. 156 Jan.
42i3July
100
100
100
100
Ask.
Missouri— Con.— Funtl. 1894-1895 110
1893! 109
New York— 68, loan
112
1893 109
105
6s, loan
108i« North Carolina— 6s, old
J&
35
1900 121a
Funding act
20
New honds, J. & J....1892 1898 20
170
88I2
Stamped 49
Missouri— Asylum or Univc. .1892 103
Aug.
421a July
10 Jan.
100
100
50 290
50
37
100
8
100
41
100
17
lOOl
65
100 140
Phila. Natural
I
Chatham
I
Jan.
50,
lOOi
lOO'
,
Mar. 115612 June
18 Feb.
Feb.
Ask.
Bid.
1906 103
1906, 107
Class B, 5s
1906
Class C, 4s
1920 105%
Currency fuudine 4s
Arkansas— Os.fund.Hol. 1 899-1900 10
do. Non-Holford 140
6
78, Arkansas Central KB
1890
Georgia— 7s, gold
1914 100
Louisiana— 7s. cons
to 5
,
100
NEW YORK STOCK EXCHANGE VRICES.—STATE BONDS ON SEPTEMBER
Alabama— aass A, 4
Jan.
361a Sept.
1 13 Jan.
14% Jan.
Jung
Juna
May
May
May
46I3 May
4 May
201a May
41
185
Aug. 16
Sept.
100
100
100
Ontario Silver Mining
Oregonilmprovemeut. pref
Pennsylvania Coal
Si^May
I
34
179
13
Minnesota Iron
New Central Coal
Preferred
4''feJuly
:
50
50
100
American Tobacco Co., pref ..100
Brunswick Company
100
Columbus & HoAing Coal
100
Commercial Cable
100
Consol. Coal of Maryland
100
Laclede Gas pref
100
Lehigh & Wilkes. CoalU
Maryland Coal
100
June
6
I314 May
2412 Jan.
3
12
AdanisExpress
American Bank NoteTT
American Cattle Trustlf
American Cotton OllCo.T
May
May
13 Is Sept.
,,
Apr. [115
8
Sept.
15
ISIH Mar. 157
2512 Jan.
30
ntseellaiicous StockH.
lO'aMay
I
Hig/ieH.
I
110
Chicago. ...100!
H
1414 Mar.
B
100
100
Pittsburg & Western
Preferred
Rensselaer & Saratoga
St. Joseph & Gr.and I.sland
St. LohLs Alton &T.
South Carolina
Toledo Peoria & Western^
Toledo St. Louis & K. City IF
Virginia Midland
Feb.
24i4Jiily
38^4 May
'
.
Wayne &
Pitts. Ft.
107 June
39 July
41 Apr.
80 Apr.
35 Feb.
lliflMay
61J8Juno
157 Jan.
35 May
I
9
100 t 30%
50
Mahoning Coal
50 112
Preferred
4
Beach
Co
Manhattan
Marq. Houghton & Onton.... 100 14
100
90
Prefened
25
Memphis d: Cliarleston
100
Mexican National
50
Morris & E-ssex
Kewport News <Si Miss. VaLI... 100
Ivouisville St. L.
& Western
in 1390.
{sales)
Lowest.
Peori»& Eastern
May
91% May
May
[Range
Oct. 3.
U Indicates unlisted.
Apr.
35
175
Apr.
Iniicites aataal salei.)
(X
Inactive Stocks.
Highest
i
8
100
100
50
Des Moines
<&
35
171
88
37
34%' 35I2
St.
Preferred
Kinfistou ifc Pembroke
Louisville Evans. &8t.
Preferred
43
100^
Paul. ...100
100
Houston i Texas Central
100
leased
lines
Central
Illinois
100
Kanawha & Michigan. If
Green Ba.r Win.
(sales)
Lowest.
Ask.
50 155
100
7
5
100
25
100 15
6I3
100
8
23
100
100
100
11
8
100
Columbia & Greenville pf
Doe Moines & Fort Dodge
Dnluth
Range
:
in 1890.
N. Y. Lack.
&
Belleville
3.
Bid.
RnlJrnatl Stocks.
Alabama & ViokburgH
Albany & Susquehanna
Georgia
•
;
t Including, tot
Boston and PliUa
City Railroad Securities— Brokers' Qaotations.
Atlaitio .\v.. B'klyn.St'k.|130
Gen. M.,53, 1909...
103
81'olcerSt. Ji t'ui. r'. -Stk.l 21
Ist mort.. 7s., 1900. JAJ 1112
A&O
ir'dway t
7tli.4.v.
24 mort,
-St'k.. 200
.J&D 104
AJ
8'way
1167
irooWyu City— Stock
lat mort., 59, 1902. .J&J 100
B'klyniront'n 48., 1908 108
Uro:*stowu— dc'k..!155
135
107
27
115
210
106
105
lOd
98
168
105
110
'eatral
Istmort., 69,1922. MdtN-lll8
Jent.
Pk.N.& E.RlT.— .stk.
Oousols.
7.9,
1^20
1902 ...J&D 117
ary Dk.K.B.4
Bafy— Sik.ll40
mort
1893..J.&QI102
lat
,
78,
120
123
120
107
,Dn' Dock K. B'y
Sorlp6a
Bmhth
& B.—
I
,
200
I
I
A&O
MAS
108
l9t mort., 78, 1893.
42(lSt. Manh.* St.N.Ave.1 43
112
1st mort., 69, 1910..
lucome,69....J&Ji 55
,Hoa9t.W.St.<fcP.t"y— Stk.jaoo
Ist mort., 78, 1891. .JiJ 105
'105
iNiuth .A.ve
115
Seooml Ave.— Stock
istmort., 59, 1910.M,tN 105
;|
195
.iSlitli Ave.— Stock
l3t mort., 78, 1890. .J&J 105
'275
Taird ATe.-^Stock.
Ist M., 53, 1937. ...Ji J 109
I
2il !*.,
I
..
I
iBigatbAv.— Scrlp.63,1914 105
4'2il& ar'nilSt. P'ry-Stt 210
lOB
250
|......
I
,
45
115
60
....«
107
110
125
lOT
235
10*
..«.
110
I
Twenty.tliird St.— Stock.. 230
4,6'.7,3
103
FJtA. 100
A.T. -Stock
'I
1st mort.. 73. 1893
104
......
107
1,900,1
il, 372,0
22,35a,3
2,231,8
1,020,3
18,188,0
7,198.0
4,832,0
5,519,2
19,789.7
3,672,7
1,345,7
2,6o3,0
3,208,3
'2,869,1
12,243,0
4 861 3
3!317!4
3,113,9
4,708,2
3,691.9
3,691,4
2,016.3
4,711.6
2,083,0
4,027,0
1,189,0
9,770,9
4,111,0
406 338.8
Bank Stock
BANKS.
List
Bid.
Im. Erch...
Ai)t)ary
Park
Bowery
.
307
290
—Latest prices of bank stocks this week.
BANKS.
Ask.
220
160
70
^iallatln
Oartlold
Bid.
Serman Am. 120
German Ex. 300
3071s
Germauia
300
189
'270
Greenwich... 150
350
Hanover
300
Had. River.. 150
Im. Jc Trad's' 550
OaatUam .... 330
.
190
4300 600'o' Irving
'Jhemlcal
303
315
Leather Mts'
City
i250
OitiBena'
170 180
Lincoln
230
97
OolamUia
• •' Madison Sq..
Jommeroe... 2116 208
Manhattan...
<>mtiuental . 142
145
Markets Fal 235
Mechaulos*.. 213
Oorn Kxch... a30
110
Deposit
115
M'oh9'cft Tr»'. 270
Mercantile... 22J
£d.it Kiver.. 17(1
Merchants'.. 158
1 1th Ward... 200
i'ifta Ave ... laoo
Merch'ts Ei. 12U
•21li)
...
Fitth
Metropolitan
2000
Metropolis... 330
First N S. I. 107
iY6" Mt. Morris .. 400
14Eti Street.. 170
Murr.iy Hill. 260
1170
173
Fjorta
i74
Na39a.l
Batoa9*,&
Central
Oaa3e..
Ui*.
133
—
—
.
143
1
Ask.
'310
'375
BANKS. B14. Aik.
New York. ..i240 250
N.Y. CoKuty.,003
N.Y.Nat.Ki. 137
'I6O
Ninth
135
... .
,
353
600
2)0
256
101
193
-..•
223
• B*
l'65
130
9
111"
N. America.. 1180
North River. 152
220
Oriental
160
Paoillo
315
283
Park
......
....«
,,
IB)
......
.-.M*
340
...M«
112
.^
... .
Proilnoe Ex. ilo
193
....•
Republic
,••••«
Seal)oard....'l62
1326
...•«
[Second
140
-•••«
'seventh
18hoeAL,91th.ll66
..—
St. Nicholas. 125
State oli^l.Y. 112'a 111
101
113
Third
,,^
Tradosmou's. 103
tJuil'dStites 200
People's
Phenix
U8
no
Western.
Wejt
...
Side... 206
loa
*
...*••
AJ
'OCTOBKR
THE
4, 1880.]
BO^STON. I'llILADELPllIA
-
Uonduy,
Saturday,
IudleaU*tt uuUtttod.
87>«
.•^.
l8t lucf.inil
'•
"
100
100 -llO
"
•West
End Land...
"
&
Camden & Atautic
43
^Central Ohio
205
176
lis
•06
118
68%
SOM
30
30>e
24»8
24 14
43%
241s
43^8
228
178
175
200
176
(Bait.)
(i-1%
3014
75 ''a 77
75=8 7638
168>s 1681s 168 >s 16812 168 k'
62»8
52>3 5258
521a 52=8
75%
sola
34
33
2011,0 19s,. aO'id
19''8
•5%
•6
53%
55 18 86
•230
•9
958
227
19
16
305
54
300
54-->8
5438
28% 28%
28% 28%
"
"
(Ball.)
.
30%
481a
30
30
52ie
5216
•51
37I4
7768
50
26
50
26
234
2514
50
25'e
2514
76%.
52%
3818
78'8
52
26
2514
Ask.
295
25% 25%
43% 43'8
•117
67
77.38
20
300
54%
5058 51
*i54
•48
48%
3OI4 31
*52i4 5238
•51
3738 38
78''8 795a
51
51%
26
26
2514 2538
& Mem.
3058
70»8
77%
9%
•0
221
55
56%
•16% 17%
300
52 14
52
38%
79%
3314
8OI4
37
77^8
l8t preferred
51
54
.Mining
11%
1,651
336
120
118
240
•49
249
53
44
37
141
217
51
2
35%
77%
50%
26%
25%
Ask.
3678
78%
51
26%
25%
3,200
21,810
5.72 »
2.048
4,235
June 13
June 9
21 26% June 3
Jan. 28 323 June IS
Fell.
54% Sept. 19
57% Fob.
.34% Aug. 4
37% Jan. 8
15 54 May 22
June 11
H
Mnr. 19
Feb. 11
25% Mar. 6
50% Sept.
49
55
Apr. 11
Oct.
3
Jan. 10
Sept. 8
Jan.
28
47% Sept. Z
94% May 21
69% June 6
47%
25% Sept. 17 27 May 28
23% Jan. 22 32^ May 2»
35%
.50
72
4
Bonds.
Penna. Consol.
75
I
Bid.
lAsk.
5s, r
\
•
I
I
'
;
'
1
'
!
69
"
1001
(Bait.)
(Boston)
.
25
25
K. C. F. S. & M. eon. 68, 1928, M&X
139% K.C. Mem. &Bir.,]9t, 58,1927, M&S
86
K.C. St. Jo. & C. B., 78. 1907, J&J
L. Rock & Ft. S.. 1st, 78.. 1905, J&J ,
Louls.,Ev.&St.L..lst,6g.l926,A&0 5108% 110
49
2m., 2—6 g
1936, A&O 5
8 i.Mar. H. & Ont., 6s
1925, A&O 5
69
Exten. 6s
1923, J&D 5100
Mexican Central, 4 g... 1911, J&J 5 72% 73
.
;
,
t
I
'
68
1
'1
I
;
I
'
lstcon8ol.incomes,3g,uon-cum.
5
38% 39
'
2d consoL incomes, 38, uon-cum. 15
26%
N. Y. &N.Eng., l3t,78, 1903, J&JM21%
Istmort. 6s
1905, J&JiSllO
117
2d mort. 6s
1902, F&a!5106
13% 2d mort., scaled, 5s.. .1902, F&.V|5
Ogden. & L. C, Con. 6a.l920,A&O 6103%
Inc.68
1920'4 25
21%i Rutland, 1st, 6»
1902, .M&N
65
2d, 58
1898, F&A
99% 100%
92
86
59
40
I
i
1
'
:
I
I
Bonds.— Philadel
''
6%
AUegheny
6%
%
21%
21
I
I
86
38
1
:
'
11%
,
5%
5%
21
3%
5%
I
I
Inia.
Val.,7 3 lOs, 18iHi, J&J
Atlantic City 1st 58, g.. 1919,
Belvidere Del., 1st, 6s. .1902, J&D
Catawissa, M.. 7s
1900. F&
I
'
'
Hunt. &Br'dToii,Con.58.'95,A&0
Lehigh ^'av. l%.s
1914, Q— J
2d 08, gold
1897, J&D
General mort. 4%s,g. 1924,0— F
LebigU Valley, 1st 68... 1898, J&D
Consol. 6
Oxf.&Clark.,lnt.gu.,6g.l937,M&N
Piedm. & Cum., Ist, 5g. 1911, F&A
109%
'
105%
t
I
Cliar.Cin.&Cliic.lst5g,1047, Q—
Clearfield &Jeff., Ist, 68. 1927, J&J 117
Connecting, lis
1900-04, M&S
Del. &B'dBr'k, l.st, 7s.l905,r&A 130
Eaaton&Am. lstM.,,59.1920,.M&X|
Elmir. &Wilm., 1st, 68.1910, J&J. 'tl20
2d78
'
M&N
114%
100
108
112%
'
103
115
|
I
1910,M&8 132%
1923,J&D
:134
I
Atlanta &Charl., IstVs, 190/, J&J 121%'
1900, A&O H03 C'.'.Tl
Income 68
Baltimore & Ohio 4g., 1935, A&O 100
Pitts. & Conn., 5 g... 19-23, F&A
-....•
Statenlsland, 2d, 3g.l926, J&J
Bal.&Ohlo S.W..l8t,4%g.l990, J&J
CapcF.&Yad.,8er.A.,6g.l9l6, J&D 105
1916, J&D 103% ib'4>«
Series B.,6g
1916. J&D 102%
Series C,
g
1930, M&S
Cent. Ohio, 4% g
Charl. Col.&Aug. Ist 78.1895, J4J 108
Ga.Car. & Nor. Ist 5 g..l929. J&J 102 i'09%
North. Central, gold 6s, 1900, J4J
J&J 1
Gold 6s of 1904
120
1926, J&J 109
Series A, 38
1925, A&O 106
4%8
I
I
'
Pitts. & Councils. 1st 78. 1808, J&J i"l6
Virginia Mid., Ist Os... 1906, MAS
1911 MAS il4%
2d Series, Os
1916, MAS
1921, M&S
1926, M&S
West Va. C. & P. Ist, 6 g.191 1, J&J
Wesfn N.C. Consol. 6 g.l914, J&J
WUm. Col. & Aug., 6s.. 1910, J&p
3d Scries, 6s
4th Series, 3-4-58
5th Scries, 58
lis"
108>s
i'.'.'.'.V.
i"()9%
MISCELLANEOUS.
1),Q-J|
.138
Baltimore— City HaU Os. 1900,
1900.
>. Q-J
12SL l...~.
Funding6s
2, J&J
West viaryl'd RR. 68.. 1902,
Water 58
Funding 5s
Exchange 3%s
Cbesapeaie Gas, 68
M&N
1916.
1916, .M&N'
liMO. J&l
J&D
1910, J&U 114%
129%
104%
lOlH),
Consol. Gag, 68
1st, 7g.... 1890, M&N 110
1939, J&J
58
Gen. M. 7s
1903, J&J
128
1913, A«J
Pennsylvania gen. 6«, C..1910, Var 125% 126% Equitable Gas, 68
Virginia (State) 3s. new. 1932, J&J
Consol. 68,c
1903. V.ir
North Penn.
ese are tbe prices bid and asked; no sale was
107
'....^
I
i
50 36
10
5%
10 220
25
11%
25
20
5
Bonds.— Baltimore.
I
.
25i
25
100
26
Steuben.&tnd.,l9tm.,5s.l914,J&J t
1 894, A&O tl06
United N. J., 6 g
Warren & Frank., l8t,78,1896,F&A 108
55% 56
100
"
100
(Boston) . 30
"
50
.
Unstampedlst, 68....1933,A&0
:
70% K.C.C.& Spring., l3t,3g.,192D.A&0
(Ball.)
••
!
1
'
85
88
KearsarfTc Mining
17
18
Morris Canal guar. 4. (PhUa.) .100 75
"
Preferred jju.ir. 10.
100 202%'
Osceola Minnig
(Boston) 23
41%; 42
"
Pewoliic Mining
23
"
'Pullman Palace Car..
100 219 221
"
Onincy Mining
23
117
"
Tamarack Mining
25 193
"
.niouis'uElec.WeUl'gll
100 200 210
.'^tcel'i
61
1
1
326 199% Jan. 21240
44 Jan. 30 68
'
(Bali. ) 30}
(Phiiu. ) 50!
(Bait. )100
MISCELLANEOC8.
JUlonez Mining
(Boston)
Centennial Mining...
Fort Wayne Electricll
Franklin Mining
Frenchui'n's Bay L'nd
64%
•50''9
May 21
May 1»
May 7
68% Jan. 28
7,94"
300
•54
5X
I
.
City Passenger RR...
Bay Statp Gas
Bost4>n Laud
300
54%
Bid.
2 36%
8 24J,e
8
3
3
6 x223%Mar.21 233% Aug. 21
«15
7% Mar. 25! 12% May 27
9%
220 223
55% 53%
HO
52
28 71 Jan. «
18 39% June 10
19 86 Mny 1»
28 179 Apr. 2»
3 56% May 1
'
Preferred
85%
501
(Phila.)
•West Jersey
•West Jer*y & Atlan.
50
Western Maryland..
(Bait.) . 50
"
Wllni. Col. & Auj^usta
100 106
"
Wilniint.'fn<.t Wcldon
100 106
Wisconsin Central. .. (Boston) .1001 21
"
Preferred
loot
"
'Worc'st.Na.sti.JiRooh.
100
Atlantic Mining.
4 63% Apr.
6.123 29 Sept.
15,866 71% Mar.
186 1G2% Aug.
2,811 52% Oct.
1,400 20^8 Jim.
60,197 17% Jan.
5 Sept
3,573 52% Oct.
!
(Boston) .100
West End
388 82% Jan. 21 95% May 21
100 24 Feb. 4 30 May 3
40 91 Feb. 10 104 May 2
1,470 15% Apr. 1 24% Oct.
1
385 42%srar. 24l 49% May 16
655 51% Sept. 15 84% Mar 19
'1.30
FM> 10 1.36 .Tunn lit
13,008 17 Jan. 20 31% Judo 8
4,387 42% Oct.
3 523^ May 16
105 113 Jnu. 3 121% July 17
Q—
58
.
& Roanoke.
H
'
9
20% 20%
25% 25%
Inactive stocks.
)
Preferred
•5
37%
M
9%M«yl5
11
22 107% .Mny '£t
1136
Mnr. 20 130 Juir H
'113 Jnu. 11 IH
Mar. 24
84 201 Oct.
3.'j;il% An«. 14
16 lOH Jan. l.l 177 July
210 189 June 30 2.1.-, Apr. 8
360 14% Jan. 9 2:i%Jnly21
42.-.
29 Jan. 3 4,-. May 21
8,4(M) 0351, Oct.
3 111% Mny
13,900 63^8 Oct. 3 70% May 36
10 27 K.h. 19 46% Mar 3
1,338, 23% Mnr. 13 33
May 31
«%Jnn.
12 May 9
800 22 Apr. 22 29% May 29
80 126 Jan. 2:173 July 19
j
.
Butland
168%
52% 52%
35
18%19i6i»
•51
HlfliMt.
1
4% Mar.
07% Jan.
170
4
30% 30% •30% 31
52% 5238 •52
52%
26I4
2578
25%
52
68%
29% 30
75% 70%
300
•49%
51%
51
26
221
56
•54
51
30%
52
24%
47%
18% 18% •17% 18%
800
54
51
•51
24
•67
9%
9
223
eO^s
•48
•30
87%
94
54% 54% 52% 54%
230% 230% 230% 230%
85% 55%
Lowaet.
aO%JuD. 15 80% May
67,584
'
117% 117%
•
Hbare*.
i
285
{Boston) .100
100
"
100
{Phila.)
little Schuylkill
50
Manchester & Law.. {Boston) 100
Maryland Central
(Bait. 50
Mine Hill & S. Haven (Phila.) 30
'•
ITesquehoningVal
50
Northern N. H
(Boston) .100
North Pennsylvania. (Phila.) 30
Pennsylvania & N.W.
Raleigh & Gaston
28
;
Week,
1919, Var 111%
'
Water Power
100,
1913, J&D;
4% Collat. Tr. 4% g
100
"
We-stinghouse ElecU
50
36 ,Pa. &N. Y'. Canal, 78... 1906, J&D
Consol. 58
1939, A&O tiis
257
Bonds.-Boston.
103'"
At.Top.&8.F.100-vr.4g.,i989. J&J S 82% 83% Perkiomen, 1st ser., 53.1918,
10
100-year income 5 g., 19S9.8ept. § 58%, 59
Pnlla.&Erie gen. M. 5g.,1920, A&O-C'.'.'.'. 118>S
Burl. & Mo. River Exempt 6s, J&J §106
Gen. mort., 4g
1920, A&O
Non-exempt 6s
Phila & Rend, new 4 g., 1!>58, J&J
80% 31%
1918, J*J 5
Plain 48
67% 68
1910, J&J 5 90%!
Ist pref. income, 5 g, 1958, Feb 1
Chic. Burl. & Nor. lst.3,1926. A&O 5102
102% 2d pref. income, 5 g, 1958, Feb. 1 46% 46^
5
1958.
Feb.
1
36%
2d mort. 6s
1918, J&D 5101
3d pref. income, g,
37
118% Debenture Os
1893, A&O 107% 110
1896, J&D S
2d, 78
!l01%,
Cbic. Buri.&Quincy4B..1922,Fc&A5 91%! 92
Consol. mort. 78
1911, J&D 129%'
173
Iowa Division Is
Consol. mort. 6 g
1911, J&D 119
1919, A&O 5 93%| 95%'
Chic.&W.Micb. gen. 5s, 1921, J&D 5 91%i
Improvement>L6g., 1897,A&0' 101%'
88% Con. M.,5 g..8tamped.l922,M&N 101%
....... iConsoI. of Vermont, 38.1913, J&J 5
...... iCurrent River, l.>?t, 3s. .1927, A&O 5
Phil. Wilm. & B.-ilt, 48.1917, A&O
100
Det. Lan3.&Nor'nM.78.1907,J&J 6
Pitts. C. & St. L., 7s.... 1900. F&A 119
69% Eastern Ist mort. 6 g., 1906, M&S 5124 1123 Po'kecp.sle Bridge, 6 g.l936, F&A I 79% 70%
Free.Elk.&M. v., 1st, 68.1933, A&0.<
SchnyLR.E.Side.lstS g.l935. J&D 108 109
'K.C'yFt S. &Gulfpf.
K. City Mom. & Birm.
Parkershurif
87%
05%
05%
25%
42% 43%
2038 191>M 20'i
•5% 8
•5%
•230
938
10
24'8
119
67
30%
168% 168% 168% 168%
5238 52%
52% 5258
34% 35% 3514 35%
290
54
4812
77>i>
•9
119
68%
30% 30%
•66
300
5438
50^8
4812
"
& Augusta
Cheshire prefeiTcd.. (3osto»i) .100'
"
Connecticut & Puss.
100
"
-Comiecticut Kiver...
100 223
Delaware A- Bound Br. (PhUa.) .100 170
"
•Har.Port.s.Mt.Joy&L.
50
8.
28
170
207
•7
24% 2538
44% 44%
221
55
50%
76ifl
50
50
50
50
50
100
201
.
226I4 x221 226
53I3 .W
.351s
I7I2
17
17
50%
52
5.JI4
'230
958
226
54
57'ii
.100
.
201
•
205% 207 207% 206
19
18% 18% •18% JO
•38
30
38
38% •37
0538 06
95
06% 93%
eS7g 06%
05% 66
637g
117'sll7iv •117
30
8%
104
•>••• *......
297
^•niom.Europ.E.WeldH (Bolton) 100
Cliarl. Col.
Huron
•;
87''«
•103
•7
43%
4314
118
68
Bid.
"
l8t prefciTei
2d preferred
Illinois
104
24%
37%
(Boslon) .100'
pf. (Phila.)
Catawissa
Seaboard
•108
i;
Charlotte
Boston & Providence
•Kan. C'y Ft.
28ijj
*
6%
•
104
2415
Prices of October 3.
.'Atlanta
'29
36»i,
52
47%
52
37
Inactive Stocks.
2041a 205
•18 la 18%
iS**
SO
3812
38
06% 9514 90
65% 06
66>e
88Tg
37'«
•6»t
•
227% 228
170
203
Friday,
Sept. 20.
•
24
24
•24
26% •24
169>a 1681a lOO •168
168% 168% •108
88
88
MH
88
88
88% 87
88
•23
24
•23
24
24
93
93
ii3
03 •
94 OS
21 14 2II4
2414
24
24% 21 14 24I4 *
47'a 48
48
4.^
•47% 48
17%
48
48
51^8 52
51 '8 52
51''9 52
61% 52
51 Tg
.
•4714
"
t.0
PrcfeiTfil
"
80 51 '8
XchiKli Valley
Staine fvntral fBo»ton;.100
'•
Mexican Central
100 •21
"
100 425s
JN. Y. & X. ling.
Prctcncd....
"
100 •117
northern CcntraW7!rt».;. 50 •07
Kortlicrn Paeitto d'hila.). 100
29'rt
••
Preferred
100 7538
•Old Colony.... ( Boston ) .100 163>a
PennHvlvaum.. (Phila.). 50 52J«
"
60
PUilailel. A- Erie.
"
Phila.AKcailintr
60 20'i8
£unimit Branch (BonUm). 60
'•
Pacirtc
100
5.4%
Union
XTnitedCos of X.J.rPAi7«.>100 •230
•94
Wc3ternN.Y.&Pnr/Vu7rt.;.100
nincellaiieous Stockii.
»226
Telephone
(Bosinn
J.
100
Boll
"
25
Bust. & Montana
56
"
3utte& Boston..
25
19
"
Caliimet & Hocla
25 305
Canton Co
(Balt.).lOO
54
'•
Consolidated Gas
100 •50ii!
48I3
Erte TeienboMO CBo»(ojU. 100
Lanison Store 8er. "
50 •30
I-ebi-h Coal&Nav. fPliil )
50 5219
K.EnB. Teleiilione (BosVn)lO0
North Aniericai). (Phil.). 100
Sugar RettneriesTI (BosCnJlOO
ThomsouH'nEl.H •'
25
"
Preferred
25
IT
5%
1.
30
•103
228>9 228>a
•
205
100 205
"
18% Ji**
18!lt
100
38
"
100 *38ia 3I>»«
ProfiTifil
00
"
BO'S
100 00
Chle.Ilur.AtJiiln.
05
65% 08 14
UUli-. Mil. A .HI. P. (P/itl.J.lOO
40
40
dile. * \V. .Mitli. (liotlon J. 100
29 *
/JIu.Hun.AM-'Ieve.
50 •28
*7
"
100
dcvo. & Ciiutou
"
100 '23H) 25
Prpforrca....
(Bonion) .100 •168
169
J3a»tiTH
87
"
100 87
SB's
Fltclilnirff prot.
'2Sia
"
100
i'l. & P.Ti< Niaid.
93
93
rrt-rcrn'cl
"
100 93
Hunt, vt Br. Top. (PhUa ) 60 23»a 2358 23Ja
Bodton A- Malno
Centrnlot Miig«.
•3»»
...... •i'l6
220
170
205
.Bo»t<>liA.\llMiiiyrB<wto»>.100 229
"
KK)*
Boston A- I.ow.ll
OoU
88«4
38^1
Halrt
Thumdny,
Oot a.
Wedueiday,
Sept. 30.
3738 38>s
IV (Botlonj. 100 373e 38^8
Atoh. T. &
5'j
*5>a
"
100
Atlantic A- Par.
Bultimon- .^ Olilo (Balt.J. 100 103 >4 103 >4 lOSlfl 103iii
2il pri«f..nv,l
419
AND BALTIHOBE HTOCK EX0HAM0E8.
TucHdny,
Sept. 29.
Sept. 27.
.
CHIIONICLB.
CT* Share Prlcra— not Por Centum Prices.
Active Stocks.
It
J
101
118
....«
1108
'
'
made
H Unlisted,
§
And accrued Interest,
t
Latest qaotaUon this week.
;£x rl|^ta.-» ^
1
THE CHRONICLK
450
NEW YORK STOCK EXCHANGE PRICES
ICloa'ng
^ ,
Inter' St price
,
aULBOAD AXD
MiSCEL. BOKD9.
— ACr/F£ BONDS
(Continued).
(sales) in 1890.
Railroad and Miscel. Bonds.
Period.
Oct. 3.
58%
I3I3
77
Lowest.
l>.
10631
I, 1*(90
(sates) in
^''<:'^»'
Perioil.
Oct. 3.
Lowest.
1890.
^_
Highest,
1
88
7014
2414
& J 112 b. 112 Sept. 117i2Juno
& JilSliaa. 131 July 134% Apr.
& A[108 b. 107 Sept. 112 May
b. 134
Sept. I3912 Jan.
M & 8 134
1893 J & D 108i2b. 107 June I1014 Mar.
Long Dock, 73
1935 A & Oj 11712b. 119 May 1221a Jan.
Consol., 6 g
2d consol., 6 g
1969 J & D;102
9838 Mar. 107 May
N. Y. Ont. & W.— 1st, 6 g...l914 M & 8 110 b. 1 1014 Sept. 113% Feb.
9512 Sept 101 May
1939 J & Dl 96
Consol. 1st, 5g
N. Y. Sus. & W.— istref 5 g.l937 J & J 97 b. 9612 Apr. 10138 June
1910 A & 0!ll2i2b. 113 Apr. 118 Feb.
Midland of N. J.— 6 g
Norf. & W.— 100-year, 5 g.l990 J & J 9612
Si5
99 14 June
Mar.
North. Pac— 1st, coup., 6 g.l921 J & JII6I2
113% Jan. 119 June
General, 2d, coup., 6 g... 1933 A & 0!H2 b. 11034 Apr. 116 Aug.
109 Sept 113i3May
General, 3d, coup. 6 g. .1937 J & Dj 10914
1989 J & D 8912
Consol mort. 5, g
88 Sept. 94 Aug.
North Pac. & Mon.— 6 g...l938 M & 8,106
I0414 Mar. IIOI2 Apr.
No. Pacific Ter. Co.— 6 g...l933 J & J 108 b. 106 Jan. 113
May
Ohio & Miss.— Consol., 78.. 1898 J & J 115 a. II314 July 117 Juno
Ohio Soutuern— 1st, 6 g. ... 1 92 J & D|*105 b. 104 Sept 111% May
1921 M & N 60 b. 59 Apr.
General mort, 4 g
68 May
Omaha & St Louisa g.... 1937 J & J 71 b 71 Aug. 80 June
Oregon Imp. Co.— 1st, 6 g.. 1910 J & D 103 b. 101 12 Jan. 106 May
Ore. K. &Nav. Co.— Ist 6g.l909 J & J 109 b. 109
Feb. 113 Jan.
Consol., 5 g
1925 J &X) *100 a. 99 Sept. 10418 Mar
Oregon & Transcon'l— 6 g. .1922 M &N 10714b. 10334 Jau. 10734 Apr.
Peun. Co.—412 g., coupon. .1921 J & J' 106% 106 Sept. IIO14 Mar.
Peo. Dec. & E vansv.— 6 g. .1920 J & J 104 a. 101
Jau. 109
Apr.
EvansvlllcDiv.- 6 g
1920 M &S 100 a. 100 Mar. IO6I2 Mar.
96% Apr.
2dmort, 5g
1926 M & N *69 a. 66 Mar. 74 May
144 Jan.
129 May Peoria & East, consol. 48.. 1940 A & O 79 b. 7812 Aug. 85 June
lncome,4s
1990 April. 2412b. 22 Sept. 3412 June
117 Feb.
IIOI2 Feb. Phlla, & Head.- Gen., 4 g..l958 J & J 81 19
79% Sept. 87 Jan.
67 14
8OI2 Jan.
Istpref. income, 5 g
1958 Feb.
62 Mar.
112 Apr.
2d pref income 5 g
47
43 12 Mar. 581a May
1958 Feb.
lOSiaFcb.
3d pref. income 5 g
101 12 June
1958 Feb.
37
36 Mar. 49 Jan.
99 12 June Pittsburg & Western— 4 g. 1917 J & J 78i2b. 7812 Aug. 83 May
132 May llich. & Dauv.— Con., 6 g. .1915 J & J* 116i2a. II512 Jan. II8I4 June
IO6I2 June
Consol., 5 g
1936 A & O 89i2b. 87 la Apr. 94 June
1061a Aug. Rich.& W.P.Ter.—Trust 6 g 1897 F & A 97iab. 97 Sept 103 Jan.
Con. lst& col. trust 5g.l914 M & 8 73 b. 72 Sept. 83 May
12312 May
6978 Mar.
97 Jan. Kio G. Western— 1st, 4 g. 1939 J & J 74
78 May
135 Feb. K. W. & Ogd.— Con., 53. ...1922 A & O 109 a. 107% Oct II214 Mar.
12512 May St Jos. & Gr. Island— 6 g..l925 M & N 106 a. 104 Sept 107% Apr.
108 Jan. St L. Alt & T. H.- 1st, 78.1891 J & J •Ill b. IIOI2 Jan. 113 June
2d, pref., 7s
1894 F & A 106 lib. 105i2May 111 Jan.
7512 Sept.
ep
87iab. 86I3 Mar.
StL.Ark.&Tex.— 1 8t, 68, t'st rec.
9838 May
8818 July
ul
25 b. 25 la Sept. 3238 May
2d, 68, 1936, tr.rec. all ass.pd.
8912 July
...
119 Feb. St L. & Iron Mt— 1st 7s.. 1892
& aI 10214b 102 Aug. 108 Jan.
2d,7g
1897
8413 Juno
& N|107'2b. 106 May I0914 Feb.
Cairo & Fulton— Ist 7 g.l891
100 Jan.
& J 1013eb. 100 July 103% June
39I2 May
Cairo Ark. & Texas— 7 g .1897 J & D 10514b. 102»8Jan. 107 May
Gen. li'y & land gr., 5 g. .1931 A & O 91%
102=8 Mar.
88 Jan.
951a July
101 May St L. & San Fr.- 6g., CI. A.1906 M & N 112 b 112i4Feb. 115 June
1906 M & N 112 b. Ill Aug. 115 Apr.
108 Apr.
6g., ClaasB
113 June: 6 g.. Class C
1906 M & N 112 b. 111 Sept 141a Apr.
General mort, 6 g
1931 J & J* 110%b, IO914 Feb. 115 June
lo4 Jan.
110 May ,,S.P.M.&M.— Dak.Ext,6g.l91JJ M&N* 1191a a. 1177a Feb. 120 Mar.
1933 J & J* llOiah. 115% Jan. 120 Jan.
96 Sept.'' l8tcon80l.,6g
Do
reduced to 4i2g... J & J* lOliab. ICO Feb. 10212 June
121 Feb.
Montana Exteusiou 4 g.. 1937 J & D 88 a. 861a Jau.
92 June
I0214 Mar.
88 12 June
II6I2 May San A. & Aran. P.— 1st 6g.l910 J & J 70i2b. 70 July
6978 Aug.
1926 J & J 701a
90 June
89 May
I8t6g
Aug. 122 Jan.
128 Feb.
110 Sept. 113i2Apr.
113 Mar. 116 Jan.
102 May 105 Apr.
107 Sept. IIOI2 Juno
112 Jan. 11034 Mar.
lllijOct. 118 Feb.
9912 Ang. 103i2Apr.
67 Sept. 73 12 June
82 July
82 July
77 May
671a Apr.
IO713 Aug. 1131a Jan.
12314 Sept. 129 Juno
101 la Aug. loss's Apr.
92 Sept. 96 July
90^8 Sept. 9414 Apr.
11618 June II8I2 June
116 Apr. 122 Sept.
95 Feb. 100 Jan.
88 12 Aug.
9812 May
--, .--.,,
124 Sept. 129i2May
II214 Aug. 11034 June
II212 Aug. 11838 Apr.
104 'e Sept. 109i4June
101 Aug. 103% June
103 Jan 106 June
103 Mar. 106 June
117
a.
110%
Q-M
JAN.
Range
. .
124
1131a
M
since
May N.C.&S.L.— Ooji.— Con. 5 g.l928 A & O'105i2b. IO6I2 Oct. 111 May
May N. Y. Central—Extend., 5s. 1893 M & Nl 10212b. 10138 May 10458 Apr
1903 J & J 128 b. 126 Sept. 132 May
Ist, coupon., 73
May
12 Jan.
Deben. 58, conn., 1884. ..1904 M & S 110 b. 110 Mar. llSiaMay
SaiaMay
7012 Feb.
N.
1900 M & N 126 b. 124% May 128 Apr
Y.
&
Harlem—
reg.
78,
105 Aug. 110 Feb.
92 Aug. 97 Jan.
96 Sept. 30034 July N. Y. Chic. & St. L.—4 g....l937 A & O 92
83 Sept.
54 16 Feb
84
M
Highest.
M,
Clos'ng
Price
OCT. 3, and
[
AtTop.&S.F.-lOO-JT. 4 g.l989 J & J
I9s9 fcept.
100-year mcome 5 g
AtL & Pac.-W. D. Inc., 6S.1910
193
& J
Guaranteed. 4 g
& J
Can. South.— 1st guar., 58.1908
1913
& S
2d, Ss
Central ol K. J.— Cons. 7s. .1899 Q-J
&N
1902
M
CoDsol., 78
General mortgage, 5 g...l987 J & J
t6li.ifeW.B.,eon.7s.,as'sd.l900
1912
do mortgage, 59
Range
[Vor.
& N '100
J & J 109
J & J 11334b.
A & O 112isl).
M & N,100i2
1).
Am. Dock & Imp., 5s.... 1921
Central Paeitlc— Gold 68. ..1898
Ches. & Obio.— Mort. 6 g.. 1911
1939
Istcousol. 5 g
K.& A.Div.,lst con.,2-4 g.l989 J
l8tcon. g., 4..1989
do
1989
2dcon.,3-4g
I2412 Jan.
N. Y. Elevated— 7s
1906 J
N. Y. Lack. & W.— 1st, 63. .1921 J
1923 F
Conslruotlon, 58
N.Y. L.E. & W.— l3t,oon.7g.l920
& J 6913
& J 79 b.
& J 74 a.
& A *107 b.
Ches. O. & So. W.-6 g......l911
& J 124%b.
..1903
Chic. Burl. & Q.-COD. 7.
1913 M &N 103 a.
Debenture 5s
9134b.
19.2.^ F & A
Denver DiTision, 4s
Nebraska Extension 4s.. 192/ M &N 91 b.
116
&
D
68.1907
J
Chic. & E. 111.— Ist, 8. f.,
1934 A & 0|117
Consol.6 g
General cousol. 1st, os... 193/ M & N| 98
Jl 91
Chic. Gas. L. & C— 1st, 5 g.l937 J
Chic. Mil. & St. P.— Con. 78.1905 J & Jil25i4
l8t, Southwest Div.— 68..1909 J & J113 b.
1st, Bo. Min. Div.— 68 ... .1910 J & Jill33jb
Ist.Ch.&Pac.W.DiT.- 5S.1921 J & J'105i4b.
Chic. &Mo. Elv. Div.— 58 1926 J & J 102 a.
Wis. i- Minn. Div.— 5 g...l921 J & jl 10332b.
1914 J & J 103 b.
Terminal, 5g
1989 J & J 91 a. 89% Sept.
Gen. M.,4g., series A
Q— F 138 b. 139% Sept.
.1915
Clue. & N. W.— Consol. 78.
1902 J & D 12414 123 Aug.
Coupon. gold,7e
1929
A
& 0,*113 b. 114 Apr.
Sinking fund 68
1929 A & O lOSH-b. 105 la Oct.
Bulking fund 5s
.1933
M
& NIO8I2 IO8I4 Sept.
Smking fund doben. 58.
1909 M &N,106
1041s May
25-veiU' debenture 58
1926
F
&
A 98 b. 96 Jan.
Extension 43
911a .Tan.
Chic. Peo. & St. Louis— 5 g.l928 M & S 98'«b
Chic.K.I..fePac.— 6s, coup. 1917 J & J 12714a. 126 Sept.
1934 J & JjlOlia IOOI2 Sept.
Extension & col. 53
Chlc.St.L.&Pitt.— Con.,5g.l932 A & O 9712b. 100 Jan.
Chic. St. P. M. & O. -6s. ...1930 J & d' 118 14b. 117 Sept.
Cleveland & Canton— 5 g..l91 J A Jl 95 a. 91 May
I3014 July
C. C. C. & I.— Consol. 7 g.. .1914 J & d!
1934 J & Jl*118 b.lll7i4Fcb.
General consol. 6g
1900 F & A, 10312b. 103 Mar.
Col. Coal & Iron— 6 g
Colorado Midl'd— Con. 4g..l940 F & A 7312a. 661a Aug.
73 Mar.
Col.H.Val. <kTol.— Con.5g.l931 M & 8 84
1904 J & D 86 b 73 Mar.
General, «g
Denver & Kio Gr.— 1st, 7 g.1900 M & N 116 b 117i2May
1936 J & j| 821a
761a Jan.
let consol., 4 g
Det. B. City & Alpena— 6 g 1913 J & J 100 a. 99 Mar.
32
b,
A
33 Sept.
& 01
Det. Mac. & M.— L'd grants. 1911
1937 A & 01 9738b. 99 July
Dttl. & Iron Range- 5s
97
92 Jan.
Dul. So. Sh. & Atl.— 5 g....l937 J & J
lOSiaJan.
E. Tenn. V. & G.— Con., 5 g. 1956 MiSr N,107
JrllO
a.
Knoxville & Ohio— 6 g...l925 J
1081a Jan.
EUz. Lex. & Big San.— 6 g. 1902 M & Sl 89i8b. 89% Sept.
103 Sept.
Ft W. & Denv. City— 6 g...l921 J & d;io5
Gal.H.&SanAn.— W.Dlv.lst,5 g. M & nI 951a
93 May
Han. & St. Jos.— Cons. 6s ..1911 iM & S *115 b. 114 Sept,
b. IOOI4 Apr.
Illinois Central— 4 g
1952 A_ & o;-99
_
Int. &Gt. No.— l8t, 6g....l919lM & NllS b. 109 14 Jan.
Coupon, 6 g., trust rec...l909 M & 8 80 a. 7314 Jan.
*127 b, 113% Jan. 127 Oct.
Iowa Central— l8t, 5 g
1938 J & D 86I4
84 Sept. 91 May Shen.Val.— lst7g.,Tr. rec.l909
62i8b, 48
Kentucky Central— 4 g....l987 J & J 80 a. 80% Oct.
8534 June
Gen'l 6 g., Tr. rec. ass't'd.l921
Jan.
621a OotIOII4
100
Kings Co. El.— l8t, 5g
96 Jan. IOII4 Oct.
1925 J & J
100 Aug. 105 Jan. So. Car.— 1st, 6 g.,ex coup. 1920
79 a. 79 Sept. 89 May
1314a.
1 4
Iiaclede Gas— 1st, 5g
Sept.
1919 Q-F
Income, 63
1931
71a Jan.
take Erie i West.— 5 g. ... 1 937 J & J 109
1909-10
109 Apr. 11234 June So. Pac, Ariz.— 6 g
& J 105 lab. 105 July 108 June
Iiake 8hore.-Con.cp..lst,78.19O0 J & J 124T8a. I2214 July 128 May So. PaciUc, Cal.— 6 g. .1905-12
& O 11258 112 Apr. 1151a Sept.
Consol. coup., 2d, 78
1903 J & D 123 b. 12212 Sept. 128 May
1938
& O 99 b, 100 Oct. 10338 Mar.
1st, consol., gold, 5 g
Long Island— let, con., 5 g.l931 Q-J- II214 112 Aug. 118 July So. Pacific, N. M.— 6 g
1911
& J 106 b. 10514 July 109 June
General mortgage, 4 g. .1938 J & D 9312b. 9312 Sept. 99 Jan. Tenn. C. I. & Ry.—Ten. D., 1st 6g
& O 93 b. 96 Aug. 10434 Jan,
louisv.&Nashv.— Con., 73.1898 A & 0,11314b. 113 Oct, II9I8 Mar.
Birm. Div.. 6g
1917
& J 99 a. 95I2 Aug. 1031a Jan.
jr. 0.& Mob.— Ist, 6 g... 1930 J & J
II514 Jan. 121% June Tex. & Pac— 1st 5 g
2000
& D 91%
89% Sept. 9634 May
do
2d, 6 g
1930 J & J, 108 b. 106 Jan. IIOI2 Feb.
2000 March. 3914
37 la Apr.
451a May
2d, income, 5 g
E. H. & N.— 1st, 6 g
1919J & D,113 b 113 Jan. II6I2 May Tol. A. A. & N. M.— 6 g
1924 M&N 104 a. 102 May 107 la Jan,
General. 6
1930 J & D'llS
113 Jan. llOiaMay Tol. A. A. & Gr. Tr.— 6 g.
1921
& J 10712b 107 Jan. 111 June
Collateral trust, 5 g
1931 M & N 105 a. 104 la June 110 Feb. Tol. & Ohio Cent— 5 g
102 Jau. IO8I4 July
1935
& J 106
touls. N. A. &Ch.— Ist, 68.1910'J & Jilll
111 Aug. 119 Feb. Tol. Peo. & West— 4g
1917
& J 7714b. 76 Jau. 80% May
Consol., 6 g
19I61A & O 991a
95% Apr. 105 Jan. Tol. St L. & Kan. C— 6 g..l916
& D •95 a. 95 Sept. 101 Jan.
liOuls. St.L. &Texas— 6g..l917!F & A, 100
9714 Feb. 104 July Union Pacific— 6 g
& J 11514b. 114=8 Au II8I2 Mar.
1899
Metro. Elevated— let, 6 g..l908'J & j'll3i8 112 Jan. 117 May
Sinking fund, 83
1893 M & 8 llOis 110 8ept 1161a Feb.
2d, 6s
1899|M & N 107 b. 105^8 Feb. 110 Apr.
Kansas Pacitio— 1st, 6 g. .1895 F & A'logiab. IIOI2 May II214 July
Mich. Cent.— 1st, con., 78..1902IM & N 12512b. 125 May 129 Apr.
1896 J & DjL12 b. 110 Jan. 1131a Mar.
I8t6g
Consol., 5s
1902jM & N 110
108 Julv 1 Ilia Mar.
Denver Div.—6 g
1899 M & N 114 b. 113 Jan. 117% Mar,
MIL Lake Sh. & W.— 1st, 6 g.l921 M & N,120 b. 1191a June 125 Apr.
Ist consol., 6 g
1919 M & N 11512b. II314 June 118 Mar.
Exten. & Imp.,5g
1929 F & a!10012 IOOI2 Oct. IO514 Jan.
Short
Line—
F Hi A Ill
110% Sept 116^4 Jan.
g..l922
Oregon
6
Mllw. & North.—M. L., 63.. 1910 J & D llliab. 109 la June 11313 May
95 14 Jan.
91 Oct.
Or.S.L.&Ut'hN.— Cou.5 g.l919 A
911a
Ist, eon., 63
1913
& DUO
85
113i4May
1)
84 Sept. 88 Aug.
Feb.
Gulf
*
U.P.Den.A
con. 5 g.l939
1081a
M.K.&T.— New4 g., when Issued
& D 78I4 751a Mar. 82 June Union Elevated-6 g
1937 M A N 108 la IO6I4 May 110 Aug.
New 2d 53, when Issued
& D 46
5578 May Virginia Mid.— Gen. m.,53, 1936 .M A N 87
85 Mar. 881s Apr.
431a Apr.
86I3 June 90 Apr.
Consol., 6 g., trust rec
1920
& D 81
8838 May
stamped guar. M A N 88
721a Jan.
do
Consol., 5 g., trust rec
1920
& D(*68i2b. 61 13 Jan. 761a June Wabash— 1st, 5 g
102
M
100
Aug. I05j4 Apr.
A N
1939
Ko. Paclflo— Ist, con., 6 g.l920 M & N 109 b. 109 May 113 Apr.
1939. F A A 7514b: 75 Sept. 8616 Jan.
2d mortgage, 5 g
3d, 78
1906 M & N 114 b. 113 Sept. 120 Apr.
41
57 May
Sept.
A
4112a.
Debcnt M., series B
1939
Pac. of Mo.— 1st, ext., 4 g.l938 F & a! 96i2b. 95 Aug. lOliaJan. West Shore— Guar.. 43
103 Aug. 106=8 June
A 104
2361
2a mort., 78
102
189l'J & J»;100%b. 100 July 103 Mar. West N. Y. & Pa.— 1st 5 g. 1937
A
9 8 lab. 9214 Jan.
14 June
Mobile & Ohio— New, 6 g.. 1927 J & D '116 b. 1121a Aug. 117 Apr.
40 May
3 2 lab. 29 Jan
1927 A A
2d mort, 3g., 53C
Generalmortgage, 48.. ..19381m & s! 66
*98i2b.
5714 Jan.
67 July West Un. Tel.— Col. tr., 53. 1938
A
981a Sept 1021a Jan.
itual Union Tel.— 6 g. .1911 !M & N*t 103iab. loo
H
May 105 Sept
9678 Jan. 10414APP.
1937 J A J 99
Cent Co.— 1st, 5 g
Mash. Ch. & St. I..— 1st, 7s. 1913 J & J,128%b.ll28 Julv 133 Jan. Wis.
1937
50 a. 48 Sept 69 Jan.
Income, 5 k
I
1
.,
. .
,
I,
'
I
'
'
i
.
.
.
.
.
.
I
)
.
I
1
<fe
il
.
'1
__
. .
!
.
g".
. .
.
;
<fc
.1
.
.1
.1
.1
.1
.1
.1
.1
.1
. .
""^^rr"""
and " a" price
">ii"''">s price tnd,
atlcea; the
NEW TORE STOCK EXCHANGE
SECURITIES.
Bid.
(Stock Exchange Prices.)
Alabama Mid.— Ist, g., 68
192f •90%
Atlantic A Danv.— Ist g., 68. .1917
90
Atl. A Pac— 2d W. D., gu. 6s,. 1907
Bait A Ohio— Ist, 6s, Park B.1919 114
»8, gold
*
_
Cons, mort, gold, 5s
B. A o. s. w.. 1st, g.. 4i"a.
*
J!o
vnce
* iiuay
;
1925 1071a
1988 110
innn on
'
i3
made up from
SECURITIES.
Ask.
Railroad Bonds.
Kauge
actual sales ouly.
PRICES-(Continned.)-JiV.fiCr/F.E
Bid.
B.AO.-Mon.Riv.,l8tgu.,g.,5s,1919
Seech Creek— Ist, gold, 4s
1936
808t H. Tun. A W.— Deb. 58:i913
Brooklyn Elev.— Ist g., 68. ..1924
2d, 3-58
1915
,fr
made
/.mint, trust,
this weeii.
r-rn
1934
3.
Bid.
Ask.
Eap.ANo.— (Contiu'd)—
Minn. A 8t L.— Ist 7s, gu..l927 *105
Burl. Ced.
88
108%
87
Roch. A Pitts.— Gen., 58.1937
97 12
Eoch. APitts.- Ist Os
1921 117
do
Consolidat'dlst,6s.l922 '116
Burl Ced. Rap. ANo.— l8t,5s.l906
971s
<-mi»nl.
Latest price this week.
SECURITIES.
Ask.
90
Butt.
ineue aie the latest quotations
*
BONDS-OCTOBER
90
981s
Iowa C. A West- 1st, 7s .... 1909
Ced. Rap. I. F. A N., 1st 68.1920
1921
1st 5s
Central Ohio Reor.— Ist, 4iaa.l930
Col. A Ciu.Mld.— lstex.4i2S.l 9.39
Cent RR. A Bank.— Col. g.53.1937
•
*
*
90
90
100
89
Sav.A West— 1st con. gtd.5al929 89
W-nt, of N. J.— Conv. deb., (!a.l908 '115
^
100
89^
V
OCTOBBR
—~
1
'
THE (CHRONICLE.
4, IfcOO.l
NEW fOBK STOCK EXCHANUE
PEcuRirrBs.
PHlCES.-/jyracr/l^£ BONUH-CContinuedJ-OCTODEH 3.
SECrRITIKS.
A*k,
Btd.
RailroHil nnnAf.—rContJ
(Slorl; Hrrhaiwe I'riftM.)
Oantntl I'lK'lllc-OiiTd bda.Os, IHOS 110
IHItfl iim
Gold li.iiuN, tin
lMt»7 iia>4
Gold boiulrt. Oh
IIKK) 103
Ban JoiKiiiiii Ur.,li»
A
Bid.
OS
1037
Grand Knp. A Iml.-Gen. i»..l9'M
Orpen It. W. AHI. P.-l«tU8..ieil
2d income, nil huIia. paid
Housntonic— Cons, itold 5r
1937 105 1«
K. Haven A Derby, 'ons.5s..lUlH
Hoiw.ATex.C.-lsi, in. 1. 7«.Tr.reo. il2
Cal. A OicKoii— 8or. B.Os.-.lHOa
loa
We»t Div. 7a,Tni»l recelpU.1801 112
liKlO
Mort. Kold "is
Ist Waco A Nor.— 7«
VoKt. I'ailric— Houds,6i. ...IHIM) 109
1001 110
2d m.Ss.M. 1. Trust reeelpto.1913 1131s
Ko. Railway <Cal.)— l8t, 08. 1«<»7|
Gen. mort.Os.Trust receipt*. 1925
70
ftO.y I'ar "i«
llWf 99
Oh09. i O.-I'iir. M. fund, 68.1808 IIII9 112\ niinolH Ceiitral-lst, g., 4» ...1961
iKt, gold, IlLj.)
69. gold, Mc rii-a A
1908 114
1981
'k^'^
Bnrlngf. Div.— Coup., ««.... 1808 110
Ches. «). A Ho. We«t.— 2d, Oa.. 11)11
Middle Div.— Reg., 5*.
CbicnKo A Alton— iBt, 7s
18i)3 lOd
1021 111
eiuklnK fund. 0»
C. St. L. A N. O. -Ton. 1., 7« 1807
1903 121
1st, consul., 7s
lonl«. A Mo. Kiver—l8t, 78.1900 115% 116
1807
2<1, 0«
2d, 7n
1900 •114
1007
Gold, 5a, coupon
Bt. L. Jaiks. A ClUc— l8t,79.1894
1851 115
Memp ])|y.,lRtg. 48
1st, (tnar. (364), 78
1894
1051
Dub. A 8. V.-M Div., 78... 1804 iooHi
2d moit. (360), 78
1898
Ced. Falls A Minn.- lBt,78..10O7
2d, Knar. (188), 78
1898
MI.X.-..R. BrIdKe—lst, 8. f., 63.1912 ids"
Ind. D. A Spr.— Ist 7», ex. op. 1006
Ind. Dec A West.-.M. Sa
Olilc. Burl. ANor.— Deb.08...189« 102
1947
101
2d M., Inc. 5a
Olio. Burling. A Q
104H
30
5b, 8. f..l90I
Inter. A Gt. Nor.— t.oup. Os...lOOO
lown l)lv.— Sink, fund, 58. .1919 104
Kan. C.Wyan.AN.W.— l8t,58.1038
81uklu(tfund,48
1919 93 H
88>« 90
L. 8h. A M. So.— C. P. AA.— 78.1802 103
Plain, 48
1921
96
Buff. A Kr.— New bonds, 78.1808 '115
Chic. A Indiana Coal— Ist 5s. 1936
I22I11
Det. M. AT.-l.Ht. 7s
Mil.
A 8t. P.— l8t,88,P.D.189S 121>s
<^.
1006
Lake Shore— Div. bonds, 78. 1800 lie'
2d, 7 3-lOs, P. D
1898 115
122
125
Mahou'g
Ist, 7», * K., R. D
Coal KK.— 1st, 58.1034 108 >«
1902 *
114
l.itohf. Cnr.A We.it.— Ist 68. g.l916
1st, La Crosse Dlvl8lon, 78.1893
Ix)ug Island— Ist, 7.1
l3t, I. A M., 7s
1897 114
1808
Ist, I. A D., 78
N. Y. A R'way B.-lstig. 58.1027
1899 115
1st, C. A M., 7s
2d mortg., mc
1903 120 12t!|l
1927
Iflt, I. A D. Extension, 78...190S
123
Brooklyn A Mont.— Igt, 68. .1911
l3t, LaC. ADnv., ds
1st, 5.<<
1919 1011*
1011 100
Ist, U. A D., 7s
123
SmlthtownAPt.Jeff.—l8t,78 1001 108
1910 ..
1st, H. A D.,3s
Louis.EyaU3.ASt.L.— Con.58.1939
1910 100 14 101
85
Clileaito A Pacillc Uiv., 6s.. 1910 114
Louis. A Nash.— Cecil. Br, 78.1907
118
Mineral P<iini l)iv. os
102
Pensacola Division, 68
1910
1020
C. A L. Sup. JMv., 5s
St. Louis Division, Ist, 68... 1921 114
1921
Fargo A South., 6,s, A8SU...1924
2d, 38
65
1980
Inc. conv. sink, fund, 5s
Washv. A Decatur— Ist, 78. .1900 116
1916
Dakota A Gt. Soutli., 58....1916
8. f.,6s.— S. A N. Ala
1910 103
ChJc.AN.W.— K.sc.AL.8.1st,6s.l90: ill"
10-40, gold, 6.S
1024
DesM. A Minn.— Ist, 7s
50 year OS, g.,
103'
1907 124
Iowa Midland— l8t, 8s
Pens. A At.- 1st, 6a, gold. ..1021
1900 124
Peninsula— Ist, conv., 7s. ..1898
Nash. Flor. A S. 1st gu. 53.,1037
Chic. A Milwaukee— Ist, 78,1898 115
Lou.N.Alb.ACh.— Gen.m.g.5s.l040
Win. A St. P.— 2d, 7s
Louisv. South.— 1st, g. 6s ....1017
1007
Qa. 80.
461
Fla.-l8t,
g. 6*.
BKcuBtnn.
A»k.
et L.V. A
Ofllg
03
100
84
105 >*
C.R.I.AP.— D.M.AF.D..lst4s.l905
1st, 2ias
1905
Extension, 4s
1905
Keokuk A Des M.— 1st, 53.. 1923
Chic. St. P. A Kan. City—5s. .1936
Minn. A N. W.— Ist, g., 58. .1934
Chic. St. P.
81
84
100
A Minn.— Ist, 68.. .1918
i225s
C—
Paul AS.
1st, 69
1919
A W. Ind.— Ist, s. I., 63.1919
General mortgage, 6s
1932
Cln Ham. A D.— Con. s.f., 78.1905
2d. gold, 4'2S
1937
St.
121
*117
Chic.
117
•122
On. I. St.
L.&. Chic— l8t,g.,48.1936
Consol., 6s
1920
Cln. Jack. A
Ist, g., 5s. 1936
C.C.C. ASt. L., Cairo div.— 4s, 1939
97
971s
Mac—
Cl.Coi.
an. A Ind.— Ist,
88
118
78,8.f.l8!>9
A W.—Convert.
A
1926
*
1907
Y.— 1st, 79.1906
Morris A Essex- 1st, 73
1914
6jTa. Bnic.
N.
2d, 7s
2d
A Hud. Canal—Ist, 78.
Ist, extension,
7s
Coupon, 7s
Pa. Div., coup., 7s
i
21
1915 136
.
1691 104
1894 109
1917
ill
14319
Albany A Susq.— Ist, gu.,78.1906 I2712 128i«
Ist, cons., guar., 68
1906 1171s 118
Ben3.
A Sar.- 1st,
147
100
coup., 73.1921
6s.. .1908
5s. ..1928
Denver City Cable-lst,
Deny. A R. G.— Imp.,g.,
E. Tenn. Va.
A Ga.— Ist, 7s... 1900
>115
1930 >107
1937
90
1938
Mobile A Birm.— Ist, g., 5s.. 1937
8212
Alabiima Central— Ist 6s. ..1918 114
Drie- Ist, extended, 78
1897 118
1919' 115
2d, extended, 58
3d, extended, 4ias
1923 108
4th, extended, 5s
1920
6th, extended, 4s
1 928
Ist, cons., fd. coup., 78
1920
Bcorg., Ist lien, 6s
1908 105
B. N. Y. A E.— 1st, 78
1916
N. Y. L. E. A W.— CoL tr.,68.1923 111
Funded coup., 58
1969 90
Income, 6s
1977|
Buff. A S. W.— Mortg. 6s.... 1908' 100
Jefferson— l.st, gu. g. 5s
1909 1031a
151
83 1«
118
Divisional 56
.Ist ext..K0ld, 5s
Kq. A Imp., g., 5s
'
'
A
t.
H.—
l8t, cons., 63
118
Phlla.
114
'
2d
mort., 78
h.
..
*
No
1905
1931
92
A lUnd.— 3d
8T
•-•••
MI»)
•••>••
iiijl
pref. convert
A
A
A
Pitts. Cleve.
Tul.—lsl, •)«... 1922
Pitts. Junction— 1st On
1922
Pitt.'.. .Mc. K.
V.-I«t 6»
1932
Pitts. Pulnsv.
K.— l»t, 5s...ll«l)l
Pitts. Y.
Ash.—croiuol. 6«..11)27
Presc't
Ariz. Cent, lat, e8,g. 1916
74
A
106%
93
A
120
Wh
.••••
2d Income, Us
ItilO "2a" "io"
BIch. A Dan v.— Debenture Os 1 027
Equip. M. 8. f., «.. 58
1900 •
Atl. A Char.— lat, pref., 7a. 1 807
.S"
do.
Income, 68....1900 •105
Rome Wut. A Og.— iHt M., 78,1891 1034
8t. Jos. A (*T. Is.— 2d Inc
J 925
42%
Kan. C. A Omaha— lat, 8s.. 1027
82«i 84i«
113
118
.
.
120
8t. L. A.
80
A T.H-2d
m.lnc.78.;S04
107 «•
92
110
106
100
92
Dividend Itouda
1894
Bellev. A 80. lU.— lat, 88...I890
Bellev. A Car.— lat, 6a
1023
Cbi.StL.APad.— lat,(Cd.s.Sal917
Bt. Lcnila 80.— 1st, g<l. g. 48.1931
do
2d Income, 5s. 1031
Car. A8bawt.—lstg.4«... .19321
St. L. A I. M.— Ark. Br., Ist, 78. 1895
103
105
80
104
118
St.
Ixm. AS.Fran.— Equip., 7s,1895
1931
•>•••«
100
General 5s
110
»4
79 .>•••
107>s 110
•
07l»
lat, trust, gold, 5s
1087
Kan. City 8.— Ist, 68, g...l016
Ft. 8.
V. B.Bg.— 1st, 6s. ..1010
"o'si*
A
08
1201s
St.
2d mortgage Ss
St.
'
A
Paul ADiduth— lst,58..-..l»31
Paul .MInu
1917
A M.— 1st,
107
106
•
78.. 1909!
2d mort., 6s
1909
Mlnneap. Union— 1st, Os. .1922
Mont. Cen.— 1st, guar., 68.. 1937;
•
119
. .
86
107
iia"
East. Minn., Ist div. 1st 5s.l908|
IIOI2 San Fran. A N. P.-lst, g.. .53.1919
Scioto Valley A N. E.— l8t,49,1990'
80
Shenandoah Valley— Inc.. 63.19231
8odu3 Bay A So.— 1st, Ss, g... 19241
South Carolina -2d, 6s
1931 "si"
110
So. Pac. Coast— 1st, guar., 43.1937
::::!:
ii6" Texas Central— 1st, s'. f., 7s. ..1909
1st mortgage, 7s
191l|
106
101 14 Texas ANew Orleans— l9t,7s. 1005;
Sabine Division, Ist, 6s
1912 104 1» loei*
Tex. A Pac, E. Div.— Ist, 63.1905; •106
•*••
00
Third Avenue (N.Y).— 1st 58, 19371 nils 114%
Lou. N. O. A Tex.— 1st, 48.. ..1934
Tol. A. A. A Cad.—68
19171
103%
2d mort., 5s
1934
1919'
Tol. A. A. A Mt. Pi.—68
Memphis A Charl.—Os, goU1..1024
106
Union Paclflc—
1st con. Tenn lien, 78
IdlS iai"
110^
Ist, 63
. 1906
Mexican National— Ist, g., 68.1927
l3t, 6s
I8O7; II214 113%
2d, Income, 6s, "A"
1917
114
Ist,
68
1808
lucomo,
2d,
6s, "B"
1017
Collateral Trust, 68
1908 •105
Michigan Central—6s
1009 119 121
•
1151-2
Collateral
Trust,
1907
07
58
.^
Coupon, 5s
193
Collateral Trust, 4143
1918
80
Mortgage 4s
80%
1940
lOOis
'10012
101
Br.
P.—
7a
1893
1-!
C.
U.
F.
c,
Jack. Lan. A Sag.- 68
1891
Atch. Col. A Pac— 1st, 69... 1905
00
91
Mil. L. S.AW.— Jouv. deb., 58.190'
100
Atch. J. Co. A W.— Ist, 68... 1905
85
Mich. Div., 1st, 68
1024 114
U.P. Lin. A Col.— lst.g.,5s. 1918
120
Ashland Division— Ist, 63 ..1025
Oreg.S.L.AU.N.,col.trst.,58.1919
Incomes
991a 101
Utah A North.- Ist, 73
1008
Minn.A St. L.— 1st, g. 78
1027 103 106
1026
Gold, 58
.:::::
03
Iowa Ex.enslon, Ist, 78
91
1909
Utah Southern—Gen., 7s ..1909 iio"
2d mortg., 78
50
1891
Exten., 1st, 78
1909
,^
Southwest Ext.— 1st, 7s
1910 71
ibs
IValley R'y Co. of O.—Con. 68.1921
Pacific Ext.— 1st, 68
88
1921
5714 'Wabash— Deb. M., series "A". 1939
Impr. A equipment, 6s
56
1922
1893 id7^
No. Mis.90url— 1st, 7s
Minn. A Pac— 1st mortg., 53.1936
StL.K.C.AN.— B.E.ARR.7S.1895 106 106%
Minn.S. Ste. M. A Atl.— Ist. 53. 1926
1908
108
iCharles
Br'ge—l8t,6s...
03
St.
Missouri Pacific- Trust 5s... 191
19
92S,
;We9t. Va. C. A Pitts.— lat, 63.1911
Mobile A Ohio— Ist cxt., 6s.. .192'? 111
Wheel. ALE.— Ist. Sa, gold... 1926
St. L. A Cairo
Is, guar
79
1931
1928 idi"
(W.D.)— ls.g.,53
Morgan's La. A T.— Ist, 6s.... 1920 llOis 114
jniNcellaneonaHouds.
Ist, 78
1918 126 I27I2
Co.— 1st 6s.... 1007
Am. Water
Nash. Chat. A St. L.— 2d, 6s.. 1901
1007
93%
1st con., gola, 53
New Orleans A Gult— Ist, 6s .1926
•""••
Boston Un. Gas— Tr. cer. 5s. .1939,
N. O. A. No. E.— Pr. I., g., 6s.. 1915
Min.—
108
Coal
1st
7s..
1907
Cahaba
g.
N. Y. Cent.—Deb. g. 48
1905
Col. A Hock. CoalAL— 63,g..l917 100
N. J. Junction— Guar. Ist, 43.1980
Consol'u Coal—Convert. 6s... 1897 lOSHi
N. Y. N. H. A H.— 1st, reg. 43.1903
Consumers Gas Co., Chicago— Ist
N. Y. A Northern— Ist, g., 5s. 1927
19361
^^
guar. 5s
2d, 43
1927
lEdisou Eiee. lU. Co.— 1st, 58.1910 • 96ii OT^a
N. Y. Susq. A West.- 2d, 4i«3.1937
100
F.—
68
1905
Equitable
A
Ist
G.
North'n PaclHc-Divld'd scrip cxt
Hackcusack Water— 1st. 53.. 1926 •108 ...••«
James River Val.— Ist, 6s. .. 1 936
Henderson Bridge- lat g. 63.1931 103 *.*•••
Spokane A Pal.— Ist, 63
1936
1901
80 ...•«M
Iron Steamboat Co.— 6s
St.Paul A N. P.— Gen., 6s.. 1923
09 102%
Starch Mfg.— l3t. 6s,1020
Nation'l
HelenaARedM'n— lat,g.,63.1937
Northwestern Telegraph— 7s, 1901 1021s
DuluthAMauitoba— lst,g.6sl936
1
904
st
Coke
1
g.6»,
People's
Gas
A
(
Dul.AMau Dak.Div.— I3t68.1937 104
98%
$2dg.63,1904
Co., Chicago
Cosur d'Aleue— lst,68, gold. 1916'
...•••
Philadelphia Co.— lat s. f. 6s. 1893
Gen. 1st, g.,6.i
1938
West. Union Tel.— 7s.. .1875-1900 117
Cent. Washington— l8t,g.,6s.l 938
12II4! Whitebreast Fuol.gcn. s.f.,03.1008
Norfolk A West.— General, 6s. 1931
93
Woodstock Iron- ist. g. 69...iei0
New River, 1st, 6s
1932
117
103141
135
Imp. AExt.,6»
Adtustment M., 73
Equipment, 53
1934
1024
1908
1957
Clinch Val. Ist 58
Ogd. A Lake Ch.— l8t6on.6s..l920
Ohio A Ml3S.— Cons., 8.F., 78. .1898
'
W
110
1911
1905
1932
OhloRlverRR.- lat, 5s
1936
General mort., gold, 58
1937
1921
Ohio 80.— Income, g., 6s
Oregon A CalUoniia— lat, 5s. 1927
Oregon Imii't— Cons., g. 59. .1939
Oreg. Ry A Nav.— Col. tr. g..3s. 1919
lift
Penn.RK.-P.C.AS.L.-l8t,c.,78.1000
94
75
105
1
Pitts. Ft.
122
108
CnliHted Bonds.
Ala.AVick9.-ConsoL3g.,102l.A4O
2d M., income tUl '94. 1921.. AAO
W. A
C—lat, '^..1912
^..1913
2d, 78
1912
3d, 7s
Clev. A P.— CoiLx., 8. fd.-, 7s.l909|
1802|
4tb, sink. fund. 6s
8t.L.V. AT. H.— lst,6s.,78.1897l
18981
2d, 78
price F'iday; these are the latest quotations
made
this
wees.
91
...•••
70
74
A .Merid.,l8t 6s,1921.AAO 09
Atlanta A Charl.— Ist 7s,1907.JAJ 120
102
Vtcks.
951s
Comstock Tun.— Inc.48, 1919.MAS
Georgia
2d consol. 7s
Bpringfleld Div.— Ist 78
General 33
.
Mt. Vernon- l8t68
1923,'
Evans. A Indian.— Ist, eons. .1926 108
Flint A P. .Marq.— Mort., 63... 1020
1st con. gold, 58
1939 105
Fla. Cen. APen.— Istg. 53.. ..1918
Gal. Har. A San An*.— Ist, 63.1910
99
West. Div., 2d 6s
,
1
!
1921
'%"
•—
95
iio'ij
Eureka Spriugs R'y— l8t,68.g.l933
Evansville
•>••••
lis
1
1
—
lOlij
.1891
Pi-k. L'nlonluiirtg., 4's«
I
144
lOi:^
1900 •115
1901 121i«
113
•ii5
I
*133»s
.
hi
—
132
1891
Bonds, 78
780f 1871
Ist^on., guar., 78
Del.
87
'
7s,1892
•
i
ColumbiaA Green.— 1st, 6s. ..1916
Mortgage 78
"""
AJtt.
no
91
110
Consol. .sink, fund, 7s
1914
Clove. A Mab. V.—Gold, 5s... 1938 107
Colorado .Midland— Ist, g., 68.1936 •108H
2d, 6s
Del. Lack.
WH
|
50
*
A
Peorlo
<
I14I2
10314
1
Ohiulnd.AW.-Wtpi
.
Mil. A Mad.— 1st, Os
lOO.'i
Ott. C. r. A St. P.-lst, 5s. .1909
Northern 111.— Ist, 5s
1910
R.— 2d, «nar.. 7n
T.
Ind.H.AW.-I"i
I'l-o.AE.
Bid.
.
Pac— 1st
1922. ...JAJ
6s,
AAO
AAO
1923
Income, 5 g, 19^3
Consol. 5 g
.
KanawhaAMlch.— Istlnterimcert.
Little R.A Mem.- Ist 5g.l937.MAS
12!t
28
23
lioia 111
78
75
20
67
69
21
••••••
70%
L.N.A.AC.(C.AI.),l8t0g.l911.l''AA
iMem.ACharl.-Cou8.7g.,1913.JAJ
a T.— New
New2dcert3
'Mo. K.
\
48.
.
when
Issued
Whenlssuod
N.Y. A G'd Lake— 1st Os, 1908.FAA
FAA
2d mort- Os, 1908
116
78%'
48
32
10
••••*
liA
78%
47
37
15
Nor.Pac-P.dOr.Dlv.68,1019.MA8
MAN
Mo. Div.. 6s. 1919
7»
St.L.Ark.ATcx.-l8tU.Whenlssird 72
40
Issu'd
When
2d 4s, income
St. P. E. Gr. Trunk-6g.,1913.JAJ .."^S
19141
6s
00
97
cons.
West. Nor. Car,
1
t
8
.
THE CHRONICLR
452
ABSTRACT FROM REPORTS OF THE NATIONAL BANKS MADE TO THE COMPTROLLER JULY
Deposits.
g
r
9
Si
^1
1890.
Jiidividuat.
a
«
Rhode
New York City
B'klyn & Alb'y
•a
N. York, other
Jersey...
S Philadelphia..
E Pittsburg
((Penna., other.
I Total DlT.No.2
r Delaware
Baltimore
•
,
20
16
3C
16
29
12
10
Alabama
Mississippi
New Orleans..
Louisiana, oth.
9
2,133,985
12,313,260
3,276,700
2,336,300
252,000
4,228,320
2,031,000
26,566,565
171
LouisTllle ....
10
66 10,326,211
48
8,750,000
444 64,028,240
8
Cleveland
Ohio, other
Indiana
Chicago
13
10
209
101
19
173
...
8
104
3
63
703
t Total Dlv.No.5
Iowa
138
12
Minn. & St. P..
Minnesota
St.
47
Louis
8
g St. Joseph
4
10
52
160
S Kansas City...
«{ Missotirl, oth'r
• Kan«as
> Omaha
9
125
27
Nebra.ska, oth.
North Dakota
South Dakota.
38
I Total Dlv.No.6
630
Nevada
2
San Francisco.
S3
ealifomia,oth.
2
2
35
36
2 Oregon
£ Washington...
46
lTotalDlv.No.7
121
f Oklahoma
Arizona
Colorado
2 Idaho
2
45
|»
23
2 New Mexico.,
108
iJ.484
354,500
1,736,000
1(5,500
3,529,891
322,500
1,098,800
2,505,532,030,287
15,6112,942
1
i}An ,-inn
i,'285,000|
13,G14,500|
9
clft.
of depotil.
$
9*
10,100
7,020
9,930
5,061,170
293,430
154,470
273,400
5.809,520
76,751
75,910
289,64&'
112,566
49,530
187,558
68,831
31,455!
233,039
188,570 1.363.629: 4.381,453
497,819 420.006 1,971,993
115.277 141,306
640.201
249.032 282.171
921,661
1,303,846 2,304,007 8,625,533
3,443,907 50,705,190
535,786 1,199,500
3,024,866
605,960
1,131,899
264.540
6,121,514 2,816,400
1,905,117
701.220
417,170
3,532.998
689.694,77Si 24,701,087 56,739,980
485,248 4,523,460 24,046,753-'
90,591
183,469 1,134,621
470,360 340,015 2,882,214
296,334 419,633 2,417,822
537,765 1,136,706 5.965,552
236,592 252,385 2,330,276
799,212 442,6791 3,628,432
2,916,002 7,298,3i7i41,411,670
2,318,738
395,591
1,349,788
9,081,705
291,142.287
17,783,333
99,642,192
48,550,994
94,694,472
39,731,090
98,149,811
5,571,35S
31,768,173
8,840,381
7,570,000
613,201
14,802,113
6,308,770
74,468,991
9'B5',36i
55,000
1,785,021.
143,093
474,845
278,885
157,560
102,537
380,879
227,895
1,765,494
8,000
2,160,270
61,600
901,340
100,000
35,680
15,190
3,281,980
54,543
50,8^12
1152,824 503,636
107,991
92,570
37,433 391,316
9,639
21,782
141,486
79,944
43,711
8,348
547,677 1,151,079
1,920
3,120
31,580
111,788
20,244
122,897
20,533
213,35S
121,441
87,020
3,060
119,085
77,206
83,968
23,55 r
138,062 925,824
44,044
52,795
558,105 284,844
57,494
47,266
23,750
53,801
109,496
38,967
260,088
120,638
1,959,206 1,760,190
201,757
2,005,738
287,721
781,514
54,462
851,203
330,428
4,462,823.
4,336,840
29,896,510
27,512 689
13,257,769
28,272,838
5,136.971
20,859,348
7.637.741
24,875,771
12,883,321
19,152,799
3,882,967
4,836,649
198,205,373
1,189,705
1,670,932
034,051
60.290
25.320
3.600
1,580,250
70,550
103,240
8,800
24,030
20,000
13,030
22,520
10,850
1,942,480
289,391
854,891
267,287
38,150
300,727
100,388
41,293
41,394
727,329 3,293,491
27,568
245,821
52,401
239,845
275.239 1,328,521
372,957
82,317
34,040
229,666
92,934 1,172,215
148,841
1,031,106.
72,230
121,446
523,472
43,312
104,897
44,731
7,295
196,70340.701
12,595
1,633,575 1.525,428 10,754.342.
604,443
5,757,757
14,167,739
10,746.047
13.901,501
45,177,487
37,653
697.440
1.798.970
1,210,945
1.582.384
5,327.392
72,660
3,796
73,570
150.526
29,1!60
543
1,270
24.764.865
18,742,796
11,386,145
63,716
307,630
24,805,751
1,237,370
12,180,533
2,371,7 8!
4,749,648
2,366,722
48.083,157
50,000
150,000
5,857,500
400,000
3,097,000
975,000
$
<t IT. S.
117,895
118,800 3,274.344
72,100
42,000 l,087,10a
494,117
86,790 3,202,23(V
344,569
151,130 2,010,044
390,831
810,464 (9.738,402367,690
116,9119 2.075,912
117,778
77,726 1,053,93»
215,307
48,399 1,020,267
430,531
30,846
42,832
677,484
138,974
38,908
2,290,107 1,534,048124.570,247.
36,006
1,610,260
135,500
555,7o0
246,100
550,000
251,700
3,37»,260
658,06(1
1,962,018
513.000
1,450,011
$
616,800
255,904
304,655
3,830,229
Leg.tend'ra-
Treasury
certiflc'tes,
26,884,232
560,523
20.596.679
759,022
63,251.635 2,438,620
33,469,404 1,684,039
78,961.583 10,676,191
43,771.033 1,825,078
15.094,854
779,044
32,596,241 1,186,148
5,034,032
652,865
18,9.58,883
897,765
338,618,576 21,459.295
267,802
3,281,326
13,173,046
9,177,141
13,380,668
39,279.98J
038,026
1,204.000
159,000
986,000
9
21,557,821
11.601,369
13,554,413
146,171,149
106,650,471
36,785,840
48,296,556
384,077,619
177,263
380,39(
Silver
Biher.
20,753,078
15,611,643
52,411,108
30.324.804
59,207,600
42,090,9 6i
10,875,753
26,053,181
5,170,881
18.113,389
280.612,400
103,000
750,000
1,421,514
652,580
1,245,600
4,172,694
8,025,5&2
1,892,000
Gold
Treasury
certificates
9,390,543
3,036,264
14,088,048
1,882,509
42,717,000
3,503,525
12,202,524
20,889,972
23,330,972
157,3^4,754
282,000
2,500,000
5,925,000
2,914,300
4,989,640
16,610,940
11,
lTotalDlT.No.8
Setal for U. S...
l,OC0,38t-
Gold and
18, 1890.
4,441,686
137,588
3,504,397
367.355
6,396,325
159,575
3,535,447
187.854
7,159,263
229,331
1,940,900
14,220,903
4'i9,832
1,353,417
55,000
28,516,252
494.239
2,556,911
218,971
4,677,205
735,865
12,536,747 1,588,056
15,895,542
348,424
106,735,065 4,942,090
411,879
586,500
13,786,o3^
9
10
a Utah
e Wyoming
645,707
860,250
1,164,306
170.275
998,026
13,693,963
4,784,406
66,145,371
11,197,660
10,000,000
4,680,000
9,650,000
1,900,000
7,275,000
3,765,000
13,394,100
4,000,000
8,471,300
1,890,110
2,477,500
78,700,670
7
Montana
1,157,662
855,000
100,000
1,849,934
516,308
9,522,406
2,254,000
8,900,000
1,260,000
7.230,000
6,351,449
25,453,080
3,926,296
12.952,000
6,991,500
16,100,000
5,069.223
15,018,990
588,000
4,400,000
2,818,795
11,364,600
475,000
850,000
1,424,014
5,645.000
107.913,670 31,158,277
1
^
4,119,60('
2,600,970
1,798,000
3,^81,000
1,150,000
4,239,000
1,140,000
8,625,000
690,900
19,725,660
1,450,000
4,651,500
Texas
Arkansas
S Mlohig'n.other
• Milwaukee....
P Wisconsin.oth.
f
45.000
370,806
165,000
163,853
1
3
53
lUiuois, other.
E. Detroit
1
4,325,126
24,355,80;
7,885,661
10,102,380
11
f Cincinnati
J
923,902
32
20
140
Kentucky, oth.
Tennessee
lTotalDlv.No.4
•7
3,852,366
301,399
838,801
371,315
592,641
524,942
407,005
6,888,469
.
Georgia
Florida
a
237,322,480
19,785,652
83,483,459
45,454,717
86,620,390
31,830,328
90,531,781
595,028,807
16
19
Korth Carolina
South Carolina
a
2
g
S
36.876,639
3,058,500
9.920,256
6,042,880
12,423,303
5,676.392
14,505,949
88,503,919
39
L Total DlT.No.3
1
47 49,040,000
2,862.940
11
sec 32,859,060
93 14.1P8,9C0
45 23,803,000
26 10,820,000
273 35,328,980
755 168.917,880
....
< Maryland, oth.
fl Washington
S Dist. Col., oth.
E Virginia
^ West Virginia.
g
218,367
857,947
345,041
157,415
1,516,653
3,651,076
84
583
f
"SNew
11,768,159
7,123,526
7,240,266
96,151,027
67,407,613
16,458,149
30,795,119
236,943,859
50
56
204
59
Mass., other ..
Island.
Connecticut...
j5
I Total DlT.No.l
2
$
2,733,507
1,581,264
1,770,218
13,725,709
14,809,894
4,543.786
7,315,753
46,480,131
dis-
counts. (IncVy gold 0. H.
overdrafts.) certificates
$
$
$
51
"Boston
Other.
11,060.000
6,230,000
7.505,291
51,800,000
45,167,500
20,184,050
23,774,370
165.721,211
79
Maine
N.Hampshire.
Vermont
Loans d
8urplu$.
Capital.
^1
rvoL. Li.
19,732,(:82
1,476,831
284,974
784,241
930.556
727,360
1.119.317
478.928
105.068
347,415
140,257
6,3»4,946
201,462
878,052
54.080
225,000
230,081
662,368
3,881,717
12,222,900
7,024,551
19,696,918
ssiie'ii
10,279,432
917,570
14,451,945
2,934,446
3,798,6^6
2'89,732
148,917,023 4,039,068
6,404,472
6,262,82?
10,174,101
3,441,99(;
85'358
370,422
637,75t;
114,865
1,208,401
175,078
116,012
227.756
54,214
229,642
47,440
66,526
11,953
748,794
44,694
329,163
480,444
376,057
2,907,773
760
6,290
4,650
125,960
13,470
116,990
21,940
35,300
35,730
135.000
532,710
345,500
250,000
95,720
316,330
2,812,250
204,900
95,330
45,170
135,000
36,640
984,368
182,890
1,304,415
277,198
825,680
1,585,«67
716,520
123,536
205,017
9,700,279
250
190,547
55,418
21,737,969 1.774.854
121,815
1,073,646
628,315
13,251,616
173,870
2,168,740
522,252
4,617,276
232.000
2,872,700
45,941,754 3.509,067
l,092',698
70,158
l»0,9o8
125,328
188.890
1,668,032
6,542
12,300
138,564
79,980
""506
40.5:0
1,390
15,460
345,684
115,5i.9
1,465
7,672
130,318
7,187
86,297
22,113
1,365
3«>,56S
21,135
312.752
173,350
241,203
469,480165,624
1,553,00868,192.
2,777,841
112,723
645,472
614,318
966,600
8,334,239-
487'
22,221
12,750
78,628
4,670
586,713.
2,707'
155,331.
61,311
197,674.
"2',6o6
108,21.8
l69',746
273,71t;.-
359.349
417,510
5.950^
12,828
1,255,028
430
42,115
•
16,231;
4.353
120.634
578,213114,913
43,944»
2,229,085
642.073. 6761 212.614,661 1.521,745.665'30,.'i78.003'l, 933.509. 333'7i5;i527092 72,967,380 11,313,939 1686993a 102305469.
(J !•'
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5-3
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436
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4-7
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30
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1-7
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2
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11
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12
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5-4 22-2 i^-9
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Mil' MWt MU'K Mil'ne. MWna. Mil'FU.
27-5 2H-3 20-9 5-1 12-9 5-6
902 1.03l'l,93S
11
144 24^ 17^ 44^ 30^ lSO-7 228 "91
S-9
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14-^
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. .
OCTOKEK
.
.
. .
,
THE CHRONICLP*
4. 1880. J
Inucstmeut
453
t.nlrti Kiirnliiiit Hr/jt,ilril,
RoAIld,
Werkorilo.
AMD
Uu. Cnr'la.V No. .liiiy
on. i{H..vii.(;.>. July
«eo. Mo. A Flu. AilKiint.
Sr.
r. Kai).
Kill). AInd..
A Intl.
The Im'ESTORs' Supplement, a pamphlet of 180 page»,
eontains extended 'tables of the Funded Debt of State* and
Cities
2
.
and of the Stocks and Bonds of Railroads and other
:iil
Clu.U.AFI. W
Other lines
Total all Hues
Qrand Trunk. ..
:t(I
.Ill
.
ail
wk
wk
wk
wk
i
IMOO.
3341
aaoioidl
60.931
Hip.:
,
1,2»0
(m.3ot
III
LaUrl
[Kile.
~
lg8».
*
33.M'I
7.--.
I
mi.Mri
•<91.H
4.'i,03O)
Hi]..
III
H,277i
4,1211
4,2(W
Hi-\>.\
06,(HH
449,417
430.7I2
Wl.Hi|il.i'7;
I
2«(,72I|
.Hl.Jl.i
Uhla dtUr.Tr. WkHi-pl.JOi
Jiiti.
1880.'
73.11.',
D«l.()r.H..\t M,
\o
78
.'>8,l(lfl
74,784'
-.
-
,..',(1
Wk8<)i>t.20
23.277
27,231
7U1,I,7<I
73,(.9<>
published on the last Saturday of every Gr. H. W. * 8t.P. ju'iie
7.T
27,201
23.181
171,01*1
I3:..4i
3.240
other month viz., January, March, May, July, September Gulf *<liliag(i.|Augu»i.
3.40H
27.7
JT.dl
HoU'«atoule
'julv
147,091
118.192
,00
and November, and is furnished unthout extra charge to all liunivnl'uAShcii' Angiiitt
•|3
19.000
13.331
AugUdt.
1,226,490 1,207,319
..
.17
regular subscribers of the Chronicle. Extra copies are sold Ul.Cen.dll.ASo.i
CertarF.&Mln. August.
8.587
8,523!
39.34
Dub. &81o'xU. August.
to subscribers of the Chronicle at 50 cents each, and to others
179.407 148,840 1,19H,1H1 1.062,9H
lowallnc.i
lAugugt....
183.994 157.363 1.2.50.1)1
:,r.''2,a3
at $1 per copy.
Total all. ...August.... 1,400.484 1,36 J,912'lO,2.-)9,
9.i33,20
Ind.i»ec..t West, A ugust.
44.903
293,130
44,10
2'i2,!r2'
The General Quotations of Stocks and Bonds, occupying Inlcroc'nic
(Mx) July
121.00O
7«,'253
912.402
,37*.*.63
six pai/es of the Chronicle, are published on the third Iowa Central
|4th wk Sep
62,059
36,621 1,10.3.3.32 1.063.291
Iron Railway. ..lAngtist....
2,63(1
8,304
21,612:
27.9:t
Saturtluy of each month.
J k'uv.T.AK.Wi/ July. ...
30,001
34'2.018
28,264
31'<,2».
Kauawha&MlcliLsd wk Hep
7.389
6,403
23,3.272
194.H9I
Companies.
It
—
is
.'
[
I
:;
:
I
. .
t
. .
Kan.
RAILROAD EARNINGS.
Latest Earnings Reported.
Roads.
Weekoritoi
1800.
1889.
Jan. 1
C. CI.
A8p
3<l
wk
Sep.
AMem. 3d wk Sep.
K.C.Mem. Altlr. :),! wk Sep
Kentucky C'eni August..
Keokuk & West. 3d wk Sep.
Kmgst'n &Pem. Istwk Aug
Kno.t.C.G. & L.. August
Knox. Lincoln June
L. lirie All.&So August
K.C.F.8.
to
Latest Date.
1890.
1889.
8.974
01.243
22.803
113.978
8,134
3,439
16,391
19,523
6,772
60,829
4,621
90.662
19,360
112.066
7,814
2,034
288.56"
191. .-iS^
3.388,039 3.:«0«.22i
826.461'
077.311
eso.io-.
(I50.:i7i
250.7001
100.183'
237.881
113,61
,fe
14,310
97.12>.!
76,H8(
5,170
43.832;
SO.IH:
L. Erie A West*. 3d wk Sep.
62,4.V2 2.165.390 I.;i99.fi0t
16,667
1,701,812 1.591.928 ll.Oy.-i.OOl 10.421.625
215.224 1,676,512 1.519,.'509 L.Sh.AMich.So. July
2'29.'
Atoh.T.*S.Ff.
33,717
29,627
wk Hcj), 663.1 (!1 605.502 21,476,178 17.314,763 Lehigh A Hud.. August
180 081
1.'1,555
Half owned
;)d wk Sep.
11,664
376,133
34.577
29,002 1,138,511 1,040,820 L. Hock A Mem. 3d wk Sep.
402.691
Total r!,V«t<Ml). 3d wk .Sep.
Scptemb'r.
403,170 363,388 3,023.143 1.716.39<
6!)7,73.S
634,505 22,634,688 18,585,577 Long lidand
24.973
8t L.&SiiiiK.. Hd wk Pep.
36,949
143.7i»2
196.813,
137,109 4,465,512 4,026,913 Louls.AMo.Rlv. Juue .
192.21*:
Louls.Ev.ASt.L. 3d wk Sep.
Half owned 3d wk Sep.
32.444
24.982
33,714
28,341
901,717
816.085
Loulsv.ANashv. 3d wk Sep. 383,815 376.989 13.539,268, 12.,-,0., 1101
Tot.S.L.&S.F. 3d wk Sep.
179.306 165,449
Louis. N. A A Ch. 3d wk Sep.
56,280
AKg. total
3d wk Sep. 877.244 799,954
53,708 1,825.065 1,73.1.26*
Atlanta &. I'Uar. July
1,167
1.141
7.706'
6.6:<(
124.123 112,281
930,455
822,031 Ix>ul8. N.AACor. July...
Louisv.N.O.
AT.
Atlanta & Flor'a August
4thwkSep
86,182
78,172 1.969.312! i.sse.iG-j
10,929
4,963
74,629
30,.570
AUauta Jt W.Pt -\UgU8t
10.602
12,474
34,582
287,222
31,801
280,350
237,851 Lou. St.L.A Tex. 4th wk Sep
AH. it Danville August
43,151
32.678
45,850
39,052
327,308
234,366 l.,ouisv. South'n. July.
B.&O.Ka.stLtuci August
10.1 17
1,704,R69 1,668,101 12,139,312 10,817,133 L^Vnchii.ADiu'm August
2,812
60.315
ACha." 3d wk Sep.
Western Lines August
41.684
37,137 1.306.331 1.19l,66«
499.559 405,683 3.538.844 3,187,778 Kiemphis
..r
r,^....
Total
101.696 100.404 4.404,~si» 1.111.828
August
2,204.42S 2,133,784 13.678.136 14,004,932 IMexicanCeut.. .-jrt \vk Sep.
Bal.&O.Southw. 3d wk Sep.
69,974
63.959 2,610.131 •..•.<;32.40«
52.4.50
46,122 1,603.384 1,496,643 IMex. National . 3d wx Sep.
Bait. * Potomrw August
82,59o|
142,485
84,892 2.680.3'23! 2,S20.121
135,179 1,114,336 1,047,834 IMexican K'wav WkAug.30
Mich.
C.
A
C.
So.
Beech Creek
July.......
1,193.761
August
1,14.5,443
8,036.7« 1 7,378.443
82.433
77.453
636,749
511,353
Buff.Rocb.it Pitt 3d wk Sep.
93,802 2.895.862 2.381.128
43,887
33,809 1,512,488 1,405,428 .Mil.L.Sh.AWe.sr 1th wk Sep 126.231
Bur.C.Raii.&N. 3d wk Sep.
33.950
30.155 lil()5.781|
,-42.3f»7
83,701
72,861 2,170,036 1,987,270 Milwaukee A No 3d wk Sep.
Burl. A: Nortlnv. August
12,510
9,510
78.71 1
71,340
5,720
9,684
38,822
42,252 MiueialKange.. August
Miuneap.ASt.L.
Burl. & Western August
.August
119,239
127,713
891.130
839.069
5,852
7,019
39.11
37.271
Camdeu >% AM. August
109.000 1 1 8.099 l.'276.891
«69,783
161,667 154,493
592,009
636,368 M..8t.P. AS.S.M. August
Oana<lianPaeitlc 3d wk Sep.
363,000 381,000 11,004.387 10,273,277 Mo. Kan. A Tex. 8eptemb'r. 786,358 719,161 5,982,971 3,3(8;.265
Op.F'r&Yad.Vaa August
291.933 224,767 2,140.636 1.907,815
44,659
30,016
335,78(;
247, .569 Mobile A Ohio.. -August
OeD.KK.A Bk.Co August
44,371
298.321;
647,360 539,393 5,114,813 4,580,234 Monterey&M.G .^ugu.st.
Oentralof N. J.. August
355.668 328.640 2,406,471 2,29'2.750
1,295,534 1,369.035 8,675,314 8.722.034 Na.^ih.Ch.ASt.l,. August.
Nat.
Red
R.
A
T.
Central Poolflo.. July..
July....
2,140
1.446
13.9631
14.852
1,451,849 1,484,030 8,333,045 8,601,928
Oentralof S.C. July..
26,666
23,530
147.137
130,993
8,026
6,640
67,857
56,884 N.Jersey AN. Y July....
New
Orl.
Gull
A
Centr'l Verni'nt. Wk Aug 30
1'2,'291
Ausnst.
9,748
92.6351
103.030
79,9,^0
76,811
N. V. C. A H. R. August
N.Londou Nor Wk Aug 30
2,843,522 3,400,983 23.380,299 2 3.133.0-19
15,834
15,612
:,77'i,708 19.027.119 1 7.513.730
0)rd.&Lake('l) Wk Ang30
2,798,6
18,081
17,273
503,287
437,702 N. Y. L. E. A W. .\tigust
N. Y. Pa. A Ohio July...
Tot. system WkSept.27
610.0
378,570 4,01-. 3(!7 3.193,768
103,801 104,542
Y.AN.Eug..
N.
Ohar.Cin.ACliic July
August
570,730
537,443 3,897,930, 3,62^,620
9,045
'ecVgo'i
Charlest'n & 8av August
3-8.330
351.476'
48.559
60.743
42,302
34,964
451,007
398,168 N. V. ANorth'n .August
Cliar. Sniu..^No. July
52,202
43,945 l,598,39<«i
5,869
1,860
31,647
16,337 N. Y. Out. A W.a 3d wk Sop.
Cliat.R'iue.tCol. August
8-<7,098
147.812 145,865 1,007,972'
32,047
24,946
235.232
163,714 N.Y'. Susq.A W.. August
Chatt'n'gaUui'n Ai.gust
10,259
9,911
76,615
71,926 Norfolk A West. 4th wk Sep 146.800 13.3.016 5,'244,052' 4.381. '245
Oheraw. atUarl. August
3ti3.80»
37.662
35,694
424,5751
7,742
62,lli3
0,775
50,416 N'theast'n (S.C.I July
Ches. AOUlc... 3d wk Sep.
553.698 588.056 4.390.532i 3.817.190
164,021 134,370 5,468,460 4,223,416 North'u C'eutral. August
Ches.O. AS. W. August
209,629 204,569 1,329,250 1,326,433 Northern Paclflc 4th wk Sep 81 1,083 624.144 16.553.09H 13.22^,683
Cues. & l/enoir July
3d wk Sep. 104.752 106,6!<0 2,9'^9,681 2,861,645
6,062
5.770
40.201
40,337 Ohio AMiss
Chic. A Atlantic. Ith wkAug
lo7,238
144,949
25,031
21,513
72,833
70.183 1,801.732 1,431,657 Ohio ANorthw,. August
Chic. Burl, .fc Q. August
Col. A Maysv. August
6.182
7,457
1,181
3,016,229 3,236.718 22,674,633 21,254,991
977
Chie.A East. III. 3d wk Sep.
406.357
3d wk Sep.
479,19<)
17.061
16,228
82,299
65,302 2,231,468 1.868.197 OhloKirer
Chic.Mil.&St.P. 1th wk Sep 866,000 780,343 18,800.164 17.849,203 Ohio Southern.. August
339,8,34
323,895
47,469
46,185
Chic. iSiNThw'u. August
97.463
114,603
7,441
6,360
2,670.530 2,375.104 17,345,3
15,963.467 ObioVal. of Ky. 4th wkAug
Chic.Peo.&St.L. July...
5^2.667
40<>,^2.3<i
316,041
52,182
33,285
30,691
220,610
195,363 Omaha A St. L.. August
Chic. Rock I.& P. Scptemb'r. 1,722,246 1,740,345 12,531,433 12,121,775 Oregon Imp. Co. July
457,373 413.591 2,196,121 •2.4(iO.H(>
Chie.St.L.&Pitt. June
5,930,855 3,993,961 43,263,^31 39.239,876
506,607 375,313 3,208.966 2,667,321 Pennsylvania .. August
Chic.St.P.&K.O. 3d wk Sop.
522,111
518,3315.501
15,912,
90,050
81,04 § 3,036,766 2,210,018 PeonaDec.AEv. 3d wk Sep.
Chicbt.P M.&O. August
36!-,948
323,612
August
34,968
596,173 576,160 4,141,762 3,822,845 Petersburg
39,811
Chic. & W. .Mich. 3d wk Sep.
2,891,021
2.112.494
Phila.
A
Erie...
July
454.807
481.73S;
32,640
26,164 1,123,719
975,373
Chippewa Val .. August...
Phila. A Read'g August
1,821,705 1.901,399 13,3^27.213 12.175.780
19,847
19,986
Ctn. Ga. & Porta. August...
CoalAIronCo lAuirust.
1,747,847 2,101.682i
6.717
41.619
6,910
41,362
"
Cin. Jack &.Mae. 3d wk Sep.
3,0Op,830 2.631.866
477,476, 369.539
13,670
13,357
471,662
432,396 Pitts.Cin.ASt.L.,Juuo
13.334
Oln;N. O. &T. P. 3d wk Sep.
23,983
3,118
2,077
88,512
79,398 3,128,941 2.682.250 Pitts. iMar. A Ch. August. . .
Ala. Gt. South. 3d wk Sep.
799,908
832,128
123,989 120.399;
38,913
36,189 1,338,630 1,278.999 Pittsb. A West'uJuly...:...
287,089
N. Orl. & N. E. 3d wk Sep.
273,726
Pitts.CleT.
AT.
43.698
July
39,713
20,686
875.704
20,405
684,301
169.147
Ala. & Vicksb. 3d wk Sep.
158,283
Pitts. Pain. AF.; July
26.984;
24.61210,854
454,800
9,984
377,302
Ticks. 8h. & P. 3d wk Sep.
Total system |3d wk Sep.
39.095, 1,593,131 1.378.187
10,395
49,290
10,730
392.231
373,515
933,lti8
733.S97
Erlaui^er Sysl. 3d wk Sep.
169,360 156.905 6,210,326 5,396.367 Pitt. Yo-.'.ng.AA. August.... 131,088 127,721
173,297
Cinii.Xorthw'n. August
183.422
21,271
Pt. Royal A Aug. July
19,634
1,841
1,283
13.151
11.441
198.858
Ciu.Walj.&.Mich. 1st wk Sep
219.936
19,609
25.203
12,425
390,348
12,400
356,534 Pt.Roy. A W.Cai July
73.046
Clev.AkronACol 3d wk Sep.
73.871
Ariz.
Cen.:
13,957
9,149
20.263
'res. A
July
603.028
16,357
633,024
160.735
Clev. & Canton. July
157,.321
22,381
20,704
51.050
36.882
297.423
232.365 Quincy O. A K.C. August
3.733.<»9i
3.464.363
Cl.f'in.Ch.&S.L 3d wk Sep.
ADanville.
428.100
August
472,670;
268,483 267,799 9,270,555 8,864,022 Rich.
Peo. cV East'n. 3d wk Sep.
'204.500
184.700 1,1-13,1-9 l,34i»,114
33,441
Vir. .Midland. August
32,131
337.789
5H1.6'.(;
Oler. A Marietta August
2'66',539
Char.Col.AAu. Augu.st
69.068
75.450
32,169
24,020
170.694
4;t9.617
Color. Midland. 3d wk Sep.
525,621
56,038
Col. A Greenv. August
59.000
38,713
31,482 1,348,589 1,167.002
373.702
Col. H. V. <k Tol .Vugust
616,964
73,636
274,952 239,914 1,847,696 1,656,323
West. No. Car. August
81,700
.-^34.872
Colusa ii Lake. August
167,4001 123,0,'JO 1,212.969
Georgia Pac
.August
3,438
15,312
4,503
16,013
17,830l
77.874
Covin. & Macon. August
13,K32
92,432
Wash.O.A W.. August....
10,659
87,876
7,020
59,942
77.104
Day Ft.W.ACh.. August
92,079
13,950'
12.190
Ashy. A Spart. August
42,814
50.111
321,24
319,646
-i.203.212
9,3()9,lil:i
Denv. &. Kio Gr. 1th wkSep 244,300 229,400 6,296,370 5,741,313
274,!tOO
Total Sys'm. 3d wk Sep. 311,425
194.214
2^29,7('3
Des Moln. A No. August
24,812
23,320
11,501
6,774
71,1
39,769 Rich. A Petersli. August
DesM. &N'west .Vugust
33.730 1,261.017 1,0^23,79»
45.1501
22,679
22.242
136,526
112,783 Rio Gr. West.. 3d wk Sep.
Det.Bay C.AAlp 3d wk Sep.
320,903 2-1.379 1,S71.1S7 1.33!».a88
10.376
8.593
400.99!
377.250 Rome W. A Ogd. June
7^2.930
66,113
Det.Laus'tf &No 3d wk Sep.
11,716
11,328
26,502;
27,003
858,62
784,869 Sag.TuscolaAH. August
737.069
899,16DuluthS.S.iAtl tth wkScp
27.933
34,910
70,597
53,493 1,711,72(1 1,461,738 St.L.A. A r.H.B\< 3d wk Sep.
2.'274,075
2,636,163
.Teuu.Va.&Oa. Juno ...
92,903
89,420
514.4131 432,661 3,184.008 2,e<l4,178 8t.L. Ark. A Tex. 3d wk Sep.
765.237
8»6,3;i9
KuoXT. iSe Ohio June ...
131.201
131,933
53,944
40,1101
326,579
278.998 Bt. Paul & Dul'th Aug.ist. .
Total system. Id wk Sep.
720.872 613.182 5.3,37.23- 4.5S1.783
158,393 140,1351 5,220.6s8 4,266,122 8t P.MiiuA Man. August
20«.I'i6
381.379
XlelnJol..V£a9t. July
12.174
67,438
of
August
Ea.st.
Minn.
46,992
20,076
318,766
129,776
536.783
690..302
82,983!
«lli.Lex.&B.s... AuKUSt...
101,034
MontauaCeut. Augu.-»t
81.041,
80,208
Empire A D'blin August
V89,3-il
776,340 6.429,12" 5,334,S9S
'"8,444
Total Sys'm. August
4,360
1.463
24!i93
!>
87ft,46«
1,1
27,2
44,716
Bvaus.AIud'plis!3d wk Sep.
30,279
6,532
-- -14
208,931
217,810 S. Ant. AAr. Pass 3d wk Sep.
8,003
'1.1 n.lr u...^
Kiranav &
.f. T
H 3d
1-.21I:'
19,13-<
Kvansv.
T.' H.
wk Sep,
22,030
737,433
21,180
656,394 B. Fran.AN.Pac 3d wk Sep.
J
lii,:ii.
FItohburg
36,0!
August
629.358' 565,779 4,134.434 3,7*1.418 Sav. Am. A Mou. Augu.st
... ..18.
7,2.>1
Fllnt.&P.Marq. 3d wk Sep.
9,320
53,761'
45,185 2,126.430 1.709,933 Seattle L. 8. A E. 3d wk Sep.
416,341
456,531
Flor. Cent.&P. 3d wk Sep.
00,7 U);
69,763,
21,216
18,328'
832.066
789,774 Scioto VaL&N.E. August....
I
Alab'iu.i Miiier'i AUKUst
AU«Kl>>'nv Vai. AuKiist
20,732
242.340
;-t<l
.
.
—
.
.
"
I
.
I
!
.
. .
.
—
1
,
. ..
..
..
.
.
'
THE CHRONICLE.
454
Jan. 1
Latest Earnings Beporled.
to
Latest Date.
WeekorMo
1890,
1889.
1890.
1889.
100,164
833.130
141,735
917,852
67,833
580,829
[Vol. LI.
Zd week of September.
B0iJ>t.
Biienandoah Val August.
Sioux City A No. July
Boutli Carolina August.
Bpar. Uu. ACol-jJuly
.
80. Pacific Co.—
122.126
25,580
119.960
9,689
.
.
821,513
68,084
I
Gal.Har.&S. A. August.
I^uts'a ^Ve5t. August.
.
Morgan's L&T. August.
K. Y. T. & Mex. August.
Tex. & N. Orl. August.
Atiaitic sys'm August.
Paolflc system July
Tot.ilof all
July
370.463 325,531 2,630,832 2,406,552
673,321
113,184
94,.5.59
739.866
444,716 348,997 3,336,909 3,102,320
93,129
122,352
23.631
14,076
172,141 154,175 1,209,093 1,050.725
1,124,135 937,340 8,039,050 7,326,047
3,143,583 3,128,458 18,731,169 18,898,242
4,079,519 4,026,134 25,646,084 25,286,949
.
.
.
-
-
I
€0. Pao.
98.079
7,845
RE.—
Div. (Cal.) July
Bo. Div. (Cal.) July
JSo.
Arizona Div.. July
Hew Mex. Div. July
Btaten I. Rap. X. August
StoneyUl.ACMt July
Bummlt Braucli.
Augu.st
Lykens Valley August
Tal.A Coos.iVal. August
Tenn. Midland.. August
Texas (tPaclflc. 3d wl£ Sep.
Tol.A.A.&N.M. 3d wk Sep.
Tol. Col. &Cin.. sa wk Sep.
Tol.dk Olilo Cent. 3d wk Sep.
ToL&O.Cen.Ex. August
Tol. P. & West.. 3d wk Sep.
Tol.St.L. &K.C. 4th wk Sep
—
T.)l.&8o.Haveu. August.
Ulster & Del.... July....
Union Pacifle—
Or.S.L.&U.N. JiUy
Or.Ey.&X.Co. .Tuly
St.Jo.&G'dlsl. 3d wk Sep.
246,291
589,546
139,456
70,764
138,733
13,439
97,297
82,940
6,132
18,236
149,951
22,437
6,212
34.373
9.112
23.515
35,950
2,744
47,849
234,203
527,201
128,176
69,387
127,151
11.285
92,437
70,483
5,404
699,268
630,464
404.824
29,486
18,241
132,087
18,814
5,397
27,536
8,970
22,674
28,842
2,395
42,276
1,246,158
3.611,619
1,151,892
602,767
707,626
26,269
656,871
638.380
51,885
133,170
4,659,054
834,816
221,143
1,034,875
68,735
662,518
1,116,789
16,869
199,632
1,182,465
3,487,564
1,064,913
554,439
661.397
22.296
772,320
527,761
43,453
115,986
4,299,734
682.657
174,139
843,792
63,170
644,454
728,125
13,939
167,498
4,222,828 3,509,201
464,.^49
2,330.914 2,371,933
16,456
840.978
1,033,898
TJn.Pac.D.iG. July
527,662 397 287 3,166.308 2,397.913
All oth. lines.. July
2,030,318 2.038,254 13,162,393 11,569,396
Tot.U.P.Sys. August
3,873,914 3,786.677, 27,613,026 24,264,651
Cent.Br.&L.L. July
66,149
650.271
382.273
52,477|
Tot. confled July
3,903,511 3,626,105 24,389.383 20.860,247
Montana Uu-. July
86,831
59,462
515,174
403,605
j
Leav.Top. &8.'July
2,157
2,498
16,981
16,326
Man.Al.J; Bur. July
2,661
2,614
19,621
18,176
Join t.own'd.^s' July
45,824
32,287
275,888
219,053
Grand total. July
3,949,335 3,658,392 24,665,270 21,079,299
U. 8'kYds. SiT.Co August. ... 217,837] 191.2221 1,720,873 1,435,011
Vermont Valley August....!
20,130
20,568
125,673
123.111
Wibash
SdwkSep.' 270,558' 287,859 9,1&6,558 9,019,545
Western of Ala. August. ..|
42,018
38,265
330,154
315,846
Wdst Jersey
August. . .
237,761 245,379 1,140,275 1,065,541
W.V.Ceu.&Pitts. August. . .
93,828
70,394
606,344
487,804
Wejt.N.Y. & Pa. '3d wk Sep.
72,100
75,100 2,573,898 2,441,332
'mi3e)lng& L. E. ,4tli wk Sep
33,644
22,562
862,461
656,657
Wll. Col. & Aug. July
56,996
49,451
549,867
489,135
Wise msin Cent. ;4tliwk Sep 149,832 119,803 3,773,964 3,033,426
Wright <v.&Ten.! August.
7.154
6,338
54,567
43,385
;
.
I
Wayne
Cin. & Louisville included for both years since July 1.
coal extension operated since July 21 in 1890 and Utioa Clinton & Bmg. included for both years since July 1
t Mexican currency,
g Main Line.
• Ft.
a New
Latest Gross Earnings by Weeks.—The
ingj in the foregoing table are separately
Iowj:
latest
weekly earn-
summed up
as fol-
For the 4th week of September only 14 roads have reported,
and on them there is a gain of 15-7.5 per cent.
iihieeek of September.
•Cent. Vermont, (tot.sys.)
Chl&go Mil. it St. Paul..
Denver* Bio Grande
.
Doluth 80. Sh. & Atlantic
•Grand Trunk of Canada
lowaCenti-al
l/ouisville N. O. & Texas,
loulsville St. L. & Texas.
MUwaulree h. Sh. & ft est
Iforrolk & Western
Northern Pacifle
Toledo St. L. & Kan. City
Wheeling & Lake Erie.
Wisconsin Central
.
Total (14roadsl
Wat increase
1890.
1889.
103,801
866,000
244,500
70,597
449,447
104,542
780,343
229,400
53.493
436,712
36,621
78.172
12,474
93,802
133,016
624,141
28.842
.52.9.19
86.182
10,602
126,231
146,800
811,083
35,950
33,644
149.832
3,187,628
(15 75 p.
Inerease.
22,!i62
119,603
2,753,926
c.)
Decrease.
741
85.657
15,100
17,104
12.735
16,338
8,010
2,613
For week ending September 27.
For the 8d week of September the
and shows 7-50 per cent increase.
3d meek of September.
1890.
Prev'lyreportM (43 roads)
At. Top. & 8. F. system.
BoadsJ'tly owned ia..
Bt. Louis ji S. Fran, sys
.
_
Roads
J'tly
owned
»a.
& Ohio Southw .
Burlington C. B. & No..
Chicago & East, rillnots.
Chicago St. P. & K. Citv
Bait.
.
Cin.N.O.&T.P. (5road8).
Cleveland Akron & Col.
Cleve. Cln. Chic.
&
St. L.
Peoria & Eastern
Colorado Midland
Detroit Bay C. cfe Alpena.
East Tennessee Va. & Ga.
Flint & Pere Marquette
.
Florida Central &Penin.
•Grand Trunk of Canada.
•Chicago Hi Gr. Trunk..
'Det. Gd. Hav. &M11 ..
Kanawha &
Kan. City
>;
ichlgan
& Snr.
Clin.
.'
. .
4,254,281
663,161
34,577
145,792
33,714
52,450
85,701
82,299
90,050
160,360
20,263
268.483
33,441
38,715
10,376
158,393
53,761
21,216
453.609
73,115
25,277
7,380
8,974
fiaal
statement covers 91
1889,
3.944,372
605,502
29,002
137,109
28,341
46,122
72,861
65,502
81,048
156.905
16,357
267,779
32,131
31,482
8,593
140,135
45,185
18,328
464.436
74,784
27,238
6,403
4,621
Increase.
352,204
57,659
Decrease.
42,295
5.57S
8,683
5,373
6,328
90.662
19,360
7.814
62,452
11.664
24.982
53.708
37.137
106.6^0
274,900
29,486
7,671,874
7,136,615
Louisv. Evans v. & St. L.
Louisv. N. Alb. & Chic...
Memphis & Charleston.
&
Ohio
.
Mississippi
& Danv. (8 roads)..
St. Joseph & Gr. Island..
St. L. Alt. &T. H. Brohes.
San Antonio & At. Pass.
San Francisco & No. Pac.
Toledo Peoria & Western
Rich.
Total (91 roads)
Net Increase ;750
p.
Decrease.
581
3,443
320
1,623
1,891
7.462
2.572
4.547
1,928
36,525
'13,006
6,975
5,563
27.9.35
44.716
18,209
22,6T4
929
841
608,562
535,259
c.).,
73,303
"For week ending September 20.
The following
results for
a
will furnish a
weeks past.
comparison of the weekly
series of
WEEKLY GROSS
Period and number of roads
iitctudffi
EARNINGS.
1890.
Amount.
^
1889.
%
^t
4th week of Aug. (88 roads).
P
ft.
2-99
286,540
8-94
595,504
5-86
407,970
750
535,259
15-75
433,702
9,864,371 9,577,831
1st week of Sept. (87 roads). 7,253,513 6,658,009
2d week of Sept. (87 roads). 7.366,658 6,958,688
3d week of Sept. (91 roads). 7,6-1,874 7,136,615
4thweekof Sept. (14 roads). 3,187,628 2,753,926
Net Earnings Montlily to Latest Dates.— The table following shows the net earnings reported this week. A full
detailed statement, including all roads from which monthly
returns can be obtained, is given once a month in these
columns, and the latest statement of this kind will be found
in the Chronicle of September 30. The next will appear in
the issue of October 18.
.
Qross Eamings.1890.
1889.
Earnings.1889.
1890.
-iVc(
Roads.
Canadian
Pacifle.... Aug. 1,494,121 1,421,755
662,384
647,211
Jan. 1 to Aug. 31... 9,895,387 9,166,777 3,390,546 3,243,854
Chesapeake & Ohio. Aug.
208,133
728,000
638.874
228,000
Jan. 1 to Aug. 31... 4,979,610 3,820,307 1,047,622
823,432
July 1 to Aug. 31... 1,371,663 1,224,311
411,463
432,780
Chic. Burl.&Quincy.Aug. 3,016,229 3,236,718
,.-_ 1,051,464 1,382,965
Jan. 1 to Aug. 31. ..22,674,653 21,254,991 7,413,724 7,204,241
Chic. MU.& St. Paul. Aug. 2,322,689 2,212,692
771,723
751,883
Jan. 1 to Aug. 31. ..16,086,164 15,299,008 4,730,567 4,635,356
Julyl to Aug. 31... 4,471,756 4,190,090 1,418,609 1,375,633
Clev. Cin. Ch.& St. L.Aug. 1,130,944 1,130,852
420,594
376,407
Jan. 1 to Aug. 31... 8,497,858 8,067,521 2,902,686 2,635,690
Julyl to Aug. 31... 2,167,138 2,074,065
738,753
731,994
Col. H.Val.A Tol... July.
94,398
271,081
121,068
218,748
Jan. 1 to July 31... 1,572,744 1,316,411
514,452
724,523
Illinois Central
Aug. 1,226,490 1,207,549
515,803
357,790
Jan. 1 to Aug. 31... 9,001,513 8,730,872 2,277,168 3,329,972
July 1 to Aug. 31... 2,321,719 2,300,043
926,513
646,652
Cedar Falls & M..Aug.
2,368
8,523 def. 4,372
8,587
Jan. 1 to Aug. 31...
60,828
59,349 det. 28,318 def. 9,519
Julyl to Aug. 31...
17,265
15,507 det, 6,502 def. 2,135
Dub.
&
35,411
33,751
224,621
187,741
58,851
53,386
37,779
29,379
Jan. 1 to Aug. 31... 1,259,012 1,122,336
215,102
159,423
JiUy 1 to Aug. 31...
56,716
342,930
51,884
294,972
Louisv. &Na,shville.Aug 1,706,939 1,637,278
730,028
671,128
Jan. 1 to Aug. 31 ;. 12,378,968 li;377;914 4,581,630 4,348,003
July 1 to Aug. 31 .. 3,252,122 3,085,772 1,209,005 1,289,607
N. Y.L.E. &We3t'n.Aug. 2,798,618 2,778,703*1,095,234 1,084,085
Jan. 1 to Aug. 31... 19,027,119 17,513,730 *6,579.146 *6.088,818
Oct. 1 to Aug. 31. ..26,499,152 24,478,146 *9, 214,585 *8,595,589
N.Y. &NewEngl'd.Aug.
195,100
537,443
199,112
570,730
"'
- to Aug. 31
Jan. 1
3,897,930 3,62S,620 1,239,495 1,071,125
Julyl to Aug. 31... 1,099,635 1,029,512
361,021
336,604
N.Y. Out. & Wost'nt.Aug.
64,825
280,098
231,700
89,186
211,521
Jan. 1 to Aug. 31... 1,443,203 1,253,369
306,190
117,274
Julyl to Aug. 31...
149,094
520,181
444,619
Norfolk & WesternAug..
223,699
232,422
584,839
617,524
Jan. 1 to Aug. 31... 4,210,307 3,502,988 1,465,941 1,283,503
Tot. inc. Scioto Val. Aug.
654,601
t266,300
Jan. 1 to Aug. 31... 4,616.749
tl.647,237
Phlla. & Beading... Aug 1,824,705 1,901,599
945,422 1,001,644
Jan. 1 to Ang. 31. ..13,327,215 12,175,780 5,708,029 6,000,678
Dec. 1 to Aug. 31. ..14,982,157 13,576,292 6,373,528 5,565,013
Coal& Iron Co. ..Aug. 1,747,847 2,104,682 def. 45,002 def.60,210
Dec. 1 to Aug 31. ..12,711,286 11,983.414 df.748,082d.l, 112,895
Union Pacific
Aug. 3,873,914 3,786,677 1,475,630 1,724,367
~"
Jan. 1 to Aug, 31. ..27,613,026 24,264,651 8,986,979 9,166,026
West. N.Y.& Penn.Aug.
95,966
125,542
339,526
368,261
Jan. 1 to Aug. 31... 2,366,198 2,198,932
427,595
809,151
July 1 to Aug. 31...
259,942
159,030
664,354
694,731
Wheel. & Lake Erie.July.
23,286
40,735
98,937
71,490
Jan. 1 to July 31...
180,014
261,093
649,988
494,431
SlouxCity.Aug.
175,407
148,840
Jan. 1 to Aug. 31... 1,198,184 1,062,987
Julyl to Aug. 31...
3-25,665
279,465
Total Iowa lines. .Aug.
183,994
157,363
*
After deducting proportion due roads operated on a percentage
months ending August
t
}
31, 1890, $6,842,396, against $6,420,017.
Including Scioto Valley & New England from Fel)ruary 1.
From July 1 includes Utica Clinton & Bing. for both years.
Interest Charges and Surplus.- The following roads, in
addition to their gross and net earnings given above, also
report charges for interest, &c., with the surplus or deficit
above or below those charges.
Intact, rentals, itc.—, ^Bal. of Xct Earns.—
704
1.310
7.233
1.783
18,258
8.576
2,888
10,827
1,669
1,961
986
91,243
22.803
8.134
60,829
13.555
32,444
56,280
41,684
104,752
311,425
16,486
34.910
50.279
19.138
23,515
.
Increase.
basis, net In August, 1890, was $840,851, against $833,22o In 1889;
for eight months, $4,902,344, against $4,522,068. and for the eleven
12,840
16,797
9,002
12,455
3,906
4,353
1889.
*
1,872
32,429
13,784
186,939
7,108
11,082
30,029
436,315
433,702
1890.
Kan. City Ft. 8. & Mem
Kansas C. Mem. & Birm.
Keokuk <fe Western
Lake Erie & Western
Little Kock & Memphis..
.
.
^
18|0.
Hoods.
Chic. Burl.
& Quincy
Aug.
761,889
Jan. 1 to Aug. 31... 6,095,115
Clev. Cin. Ch. & St.L. Aug.
235,838
July 1 to Aug. 31...
483,410
.
1889.
$
744,385
5,935,085
244,253
483,126
1891).
1889.
$
S
289,575
1,318,609
140,569
248,584
638,580
1,249,156
176,341
255,627
.
October
THE CHKONICLE.
1880.]
4,
New Tork
ANNUAL REPORTS.
LoalsTlIIe
ft
4ff5
Central
fFor
The
*
Haditon Rlrer Railroad.
the year ending
Now York
June
30, IH9()J
A HttdwMi Rirer Railroad have celebrated the rhangc in their fUcal year by tb»
preparation of an unusually fine and olalwrate report. The sta-
NoBhTllIo Railroad.
officers of the
Central
CFor the year ending June 80, 1890 J
The annual report of Mr. Ei. Norton for 1889-90 gireg full tistics are not limited to n presentation of the flgnree for the nine
months from Sept. 30, 1889, to June ilO, I8!w, but romplete
particiiliu'.-i reRariling this road and its interesting progress
tablea of operations
towards tlio imsis of a dividend-paying com|>any.
The full twelve monllis and earnings have Uen preuir.-.l for the
ending with Juno 30, and nlw. for two
prowtli of the Ix)ui8ville & Nashville buftinesH lias been
preceding years ending with the same date. This |H'rmli» of a
identified to i\ considerable extent with the rapid Rfowth and
development of one of the most remarkable induHtrial regions satisfactory comparison of figures in the Cuiuj.nici.k tables subjoined and in the Investors' Scpplemknt, and will also make
in the United States, namely, the coal and iron diHtricts of
Tennessee and Alabama.
The results of the fiscal year are a record for comparison when next year's report is issued.
The principal data as to operations, earaingn, income and
very gratifying, not only in the surplus income of $461,275
above all disbursements, including dividends, but also in the
reduced percentage of operating expenses to 60 59 [xr cent,
while the items of " maintenance of way" and "maintenance
of cars" in operating expenses were both larger than in the
previous year.
Mr. Norton's report will be found at length
on a sul)80(^uent page, giving particulars which could not be
condensed
this column.
The statistics for four years have been compiled in the complete form below for the Chronicli.
ROAD AND OFEBATIOKS.
m
Jload—
Miles
Miles
owned
I'BOd,
1886-87.
1,612
..
410
&o.
Tot«lJunc30*.
Operaltont
1887-88.
1,788
831
2,022
—
Xeiourcet.
Cash balance October 1, 1889
months ending Juno 30, 1890
$2,000,000 N.Y.O.&U.R.KR.
p.o. debenture certs, sold
Rebate on New York Htato taxes, 1883
West Shore Railroad '.lionds sold
Syracuse Geneva & Corning Railroad bonds redeemed!!
SiirphiH for nine
4.
Increase, current liabilities
1889-90.
1,885
331
2,119
euMXABr or fikaxcial TBAxsAcnoira.
Total resources
4,167,916
3,913,638
Fnsa. car. 1 111. 160,345,206 173,292,336
Bate per pasa.
2-36 ots.
permUc
2-40 ots.
.
2,216
4,334,175
167,067,522
5,193,630
191,679,111
2-38 cts.
3-42 ot«.
14,443,983
16,695,477
(tons)
carried
11,604,053
12,172,010
car.
one mile.
954,740,635 997,094,252 1,077,221,842 1,250,836,794
per mile
103
*0n wblcb earnings
Iiere
ct.
1-06
0-1 ct.
ot,
0-984
Total
1887-88.
846,405
319,746
300,424
Express
Miscellaneous
357,193
850,811
346,174
1888-89.
419,0S0
368,139
450,610
422,770
406,294
466,221
Total gross earns... $15,080,585 $16,360,241 $16,699,396 $18,846,004
Operating erpmsee
Transportation
1
$4,458,786
f $4,164,605
Motive power
2,218,266
2.683,180
Malut'noc of cars.. ) $ 9,047,053 $10,267,535
1.023.853
1,196,718
of way, 4c.
1,868,380
2,040,334
General.
1,051.076
1,090,123
—
1
I
Oper.ex. (exol.tai)
$9,047,053 $10,267,535
10,326,085 $11,419,092
Net earnings
$6,033,532 $6,092,706 $6,273,311 $7,426,912
Ferctof ex.toeam.
59-99
62-76
62-21
60-59
INCOME ACCOUNT.
Bccrtpte—
1886-87.
1887-88.
1888-89.
1889-90.
Net earnings
$6,033,532 $6,092,706 $6,273,311 $7,426,912
Income from Invest's
479,858
528,828
677,109
638,686
Total Income
IHtburtemaitt
—
Taxes
Bentala
Interest on del)t,&c..
Georgia BR. deficit..
Pens. & Atl. RK. def
Miscellaneous
Dividends
$6,513,390
$6,621,534
$365,317
15,000
$375,557
4,237,102
65,470
$6,950,420
$8,065,508
$401,112
15,000)
15,000
4,379,803
3,453
238,943
4,590.493
23,376
199,425
(1,518,000
tl,594,800
$397,721
4,524,694
i
90,339
186,203
8,440
{2,405,367
Miles of road operated
Operationt
Passengers carried
Passenger mileage
—
Freight (tons) moved*
Freight (tona) mil«age*
Average rate per ton per mile
*
1888-89.
1889-90.
Aiielt—
$
$
$
$
Bead, equipm't, &c. 68,936.040 72,104,199 73,730,905 77,790,155
Timber, quar.rd8,&c.
434,816
474,091
522,434
558,249
Stocks owned
1,708,984
1,921,307
1,974,434
2,224,834
Bonda owned
6.262,598
7,223.059
5,507,284
5,749,852
Btks&bda.held in tr'tj 9,527,878 12,027,878 13,966,878 14,447,878
BUlaA ace'te recelv.. 2,702,247
2,907,420
2,677,133
3,649,822
Materials, fuel, <fec..
1,044,803
1,218,018
1,089,429
1,283,871
Cash on hand
1,375,143
213,987
719,645
493,432
So. &No. Ala. BE...
178,432
61.'i,500
933,938
51,130
Nash. & Dec. RR
632,140
663,591
771,908
846,878
Other roads It
2,230,943
465,842
607,937
985,032
Blnltlng fund, &B
335,571
419,625
Profit and loss
1,256,483
Total assets
—
Stock
Bonded debt*
Bills pay able
Interest.
Sundry accounts
June payrolls, Ac. ..
Profit and loss
95,034,024
99,834,892 102,837,496 109,756,241
30,000,000 31,518,000
61,999,596 64,046,660
377,796
474,229
504,929
527,360
327,918
314,865
1,287,874
1.444,822
535,911
1,508,956
Total liabilities. 95,034,024
33,112,800
65,726,660
193,269
531,.'>09
443,601
1,556,878
1,272,779
99,834,892 102,837,496 109,755,241
The bonds deposited in trust have been deducted here,
t Includes dividends and " due from sundry persons."
{ Less bonds pledged.
H Advances, &c.
*
48,000,000
57,643,910
683.229
501,446
H, 007,262
1,829,394
18.289,7.36
18.546.886
557,727,282
cts.
IS.O^O.TUS
2,799,012,240
0-74 cts.
1-96 cts.
16,208,451
2,973,598,069
0-76 Ct«.
Exclusive of company's freight.
EABNI5GS AND EZPEKSrt.
Eammgt—
]
Freight
Passengers
Rents
Mail
Telegraph.
Interest...
Other
Total earnings
Eiventet—
Traffic
Motive power
Maintenance of cars
Maintenance of way
.-.
General
Taxes
Total expenses
,
Net earnings
Per ct. of operating expenses to earnings
INCOICE
888-89.
1889-90.
$20,804,111
10,979.374
1,733,945
1,090,296
7.793
480,195
345,382
$22,499,228
10,919.871
1,709,300
1,043,643
8,595
553,942
273,824
$35,441,096
$37,008,403
$9,562,060
6,288,781
2,661,048
3,378,416
774,313
1,321,154
$9,987,974
6,448,130
2.322,694
3,523,682
779,510
1..530,140
$23,885,801
$11,555,296
67-39
$24,492,130
$12,516,174
6618
ACCOUNT rOB 1889-90.
Eeeeipls—
Bcntals paid
Interest on debt
Taxes on earnings and capital stock
Dividends (4ia per cent)
OENBBAL BALANCE AT CLOSE OF EACH FISCAL TEAR.
1889-00.
1,42a
1-93
* In 1886-87, $100,591 was to be deducted from tbo surplus, and In
1887-S8 $218,869 to be refunded. lu 1888-89 $421,901 to be refunded, increasing the surplus by that amount. In 1889-90 $123,800
to be refunded, making surplus for year $587,075. •
t Stock dividends 5 per cent each.
; 4-90 per cent in stock and 1-10 per cent in cash.
hiabilitie*
1,332,195
1886-89,
1,421
668,984,815
Rate per passenger per mile
Net earnings
Rebate on State tax ot prior years
1887-88.
26,300
100
100,000
Cash balance, July 1, 1890
statistics of traffic, earnings, income, <S:c., are s'aown in
the following taJsles, compiled for the Cheonicle
Total dlabursemeuts $4,631,338 $6,530,765 $6,824,206 $7,604,323
Balance, surplus*... $1,832,052
$90,769
$126,214
$461,275
1886-87.
1,491,776
OPIBATIOIIS,
1889-90.
$10,254,483 $11,081,650 $11,325,235 $12,846,951
3,859,525
4,224,413
4,036.362
4,704,769
Freight
Pagsongers
Mails
$317,665
761,672
134,222
$4,123,831
$1,935,321
given are based.
1886-87.
a,ooo
The
ct.
EARNINGS AND EXPENSES.
Earningt fl-om—
2»7,.5uO
»67o59,ld3
Increase, construction account ilaud,etc)
Increase, Harlem construction account
Increase, West Shore conatruction accouBt
Special equipmen t account
Bal. of Bubsciiptiontostockof Cent. Dock A Term. Co..
Stock of Tonawanda Island Brldn Co. (nominal value)
Bonds and morlgaKos on real estate paid
Increase, current assets
Fretgbt (tons)
Bate per ton
.)M6,i<74
2.000,000
62,313
ApprnprUUlon of Reiouriu.
331
2,181
$1,900.76«
1.219,606
.'
Paasengera oar.
Frdgllt
1883-99.
1,850
balance sheet are given l>elow, but the following summary of
and disbursementa of the year is of much in-
total receipts
terest:
$12,516,274
111,030
Total income
DisburtemtnU —
$12,637,304
$4.053,.<<93
3,590,535
209,884
4,024,273
Total disbursements
Balance, surplus
$11,878,085
$749,219
OEMBBAL BALANCE
JITNE 30.
Aiiett;
Coat of road and equipment
1889.
$148,473,164
Special equipment
Stock and bonda of other companies
Ownership in other lines, real estate, Ac
Due by agents and others
Supplies on hand
- h
Cash
Uarlem construction account
New Jersey Juno, oonstmotion accouBt.
West Shore construction account
Miscellaneous
^
Total assets
Bonds and mortgages on real estate.
Harlem construction account
Past-due bonds
Interest and rentals accrued
Unclaimed Interest
Due
other roads,
Profit
and
3w
loss
Total liaWUtles
2,438.926
8,042,149
17,273
318,160
379,850
1»9,900
242,068
"$168,383,437
#171,398,379
LiabUUiu:
Capital stock
Funded debt.
Dividends
Dividends unclaimed.
Due for wages, supplies, Ac.
7,767,915
3,382,163
2,568. 83H
1890.
$150,278,885
1,461,778
6.550.264
3.442,258
3.371.865
3,2 15.289
2,178.088
468,993
89.428,300
67,113,333
657,000
474,761
11,255
3,227,789
8,989
89.438.300
59,183,333
457,000
5,295
8,334.458
8.192
894,-283
894,383
27,333
2,647,846
37.945
3.643.421
1,057,'294
12,839,264
931.774
13,584,480
$168,383,437
$171,898,379
:
.
THE CHRONICLE.
456
New York New Haren &
.
the year ending
fFor
June
[70L. LI.
&
Ohio
Hartford Railroad.
Mississippi Railway.
(For the year ending June
30, 1890.^
The fiscal year of tliis Co. has been changed to end with June
to, instead of Sept. 30, as formerly. The statistics in the annual
report are made up for nine months only, and are therefore of
ko use for comparison with past years, and would be of no use
Hence, in compiling the earnings,
For comparison next year.
'Expenses. &c., for the Chronicle, they have been made up
From the four quarterly returns of the company for the year
snding June 30, in order to present a complete fiscal year, and
thus to have figures for a jjroper comparison when the next
Uinual report is issued.
In commenting upon the nine months' business, the report
'
'
says
;'
:
"It will interest the stockholders to know that as compared
With the same nine months of the preceding year the gross income of the propertv has increased §593,375 09 Passenger,
30, 1890.)
In the statement as printed in last week's Chronicle, the
gross earnings and operating expenses for the years preceding
1889-90,
were mixed up and incorrectly given.
The correct
statement follows.
INCOME ACCOUNT.
1886-87.
1889-90.
Op'g exp. and taxes
$3,988,433
2,650,480
1887-88.
1888-89.
$3,977,559 $3,955,165
2,733,417
2,935,361
$4,214,74T
2,912,473
Net earnings
$1,337,953
$1,244,142
$1,019,804
$1,302,274
Gross earnines
—
Disiursemeiits
Interest on debt
Sinking fund
Miscellaneous
$1,024,716 $1,042,530 $1,047,671 $1,054,245
57,000
61,000
05,000
165,600
80,377
29,931
,
1
:
miscellaneous, §36.934. At the
;
is now
moved these continurepresent
an enormous volume of
klly increasing earnings
continual
render
necessary
expenditures for mobusiness, and
The comtive power, rolling stock and floating equipment.
bany is now constructing under contract fifty passenger
coaches, ten standard locomotives, three tug boats and four
il76,902
:
§378,437
freight,
low rate at which
{
l
I
teounts
'
'
r
New eiiRine libilRe, Harlem River
$9.5,111
Elimination ol grade crossings
Eeal estate
Double track. Blioro Line
Four tvaclcs. New Yorli Division
Miscellaneous
76.101
352,360
533,121
49,671
57,060
'.
night service has been established by the
transfer steamer, Maryland, between Harlem River and
the Pennsylvania Railroad at Jersey City. The balance ($88,054 86) of her cost, and that of six combination cars, two
* tiew
new stations
Naugatuck and Hai rison, new machine
Harlem Siver, block, signals on the Harlem River
Branch, and of many other improvements, has been charged
jengines,
shop at
at
to operating expenses.
" Twenty-five miles of double track upon the Shore Line
TDivision between Madison and East Lyme have been completed. The work is still in progress between East Lyme and
Kew London, seven miles, and between Madison and Leete's
Island, seven miles; but neither section will be finished before
the 1st of January. This will leave with single track only the
ten miles between Leete's Island and Fair Haver. Upon this
remaining section the work of double tracking is to be com
reenced at an early date. East of South Norwalk, upon the
New York Division, work has continued upon the four tracks.
As a condition precedent all grade crossings are to be elimin
ated, and it is to be hoped that on the 1st of January not one
will remain between South Norwalk and the west fine of
Railroad.
30, 1890.^
The Chromcle has been furnished with the following, in
advance of the pamphlet report.
EARNINGS AND EXPENSES.
Earnings—
Freight
Passengers
Express....
United Stafes mall..
Miscellaneous
Total..
" Both a day and
& Charleston
fFor the year ending June
Operatinff expenses
$1,163,426
I
Menipliis
traffic
bar floats.
There has been charged during the year to capital ac.
$1,081,716 $1,133,461 $1,193,048 $1,219,845
sur.$256,237sur.$110,681 df .$173,244 sur.$32,429
Total
Balance
Conducting transp.
Motive power
Mainten'nce of cars.
Maiuten'ncc of way.
General expenses...
Taxes
Total
1886-87.
$1,008,110
1887-88.
$1,091,423
509,189
23.517
37.391
28,565
583,.505
26.211
36,679
19,911
1888-99.
$1,007,974
511,402
25,394
43,421
29,737
$1,140,024
536,569
24,800
41,179
52,908
$1,606,772
$1,759,731
$1,617,928
$1,795,480
$398,363
250,700
148,628
300,1 34
58,640
45,026
$449,403
359.115
126.676
204,932
71,124
48,724
$501 ,206
315,839
100,231
191,338
70,334
49,768
$.531,677
$1,259,974
$499,757
INCOME ACCOUNT.
$1,228,736
$389,192
$1,269,000
1888-89.
1889-90.
—
$1,195,491
$411,281
Net earnings.
Receipts—
1886-87.
Net earnings..
Miscellaneous.
1887-88.
$411,281
8,250
$499,757
$419,531
$376,960
18,547
1889-90.
347,m
87,428
172,934
80,654
49,196
$526,480
$389,192
$526,480
$500,551
$389,192
$526,480
$380,690
$376,680
16,935
6,470
$376,680
794
!
^
Total
—
J>ist)ursement8
Interest on bonds.
Car trusts
Miscellaneous
16,682
4.002
Total
$399,309
12,951
518
$400,085
$390,149
sur,$20.022sur.$103,179 def.$10,893sur.$136,33t
Balance
$397,372
Toledo Peoria & Western Railway.
(For the year ending June 30, 1890.^*
" Among the improvements con
The annual report says
templated at the time of the organization of your company,
{Bridgeport."
Eanyngs, expenses, income and general balance sheet have and tor which five hundred first mortgage bonds were provided
:
I
as a betterment fund,
Ifceen as follows:
were the re-building of Uie bridges
River and Spoon River, the renewal of what
remained of iron rail in track with steel, and the purchase of
additional equipment. As you were advised in the last report,
some equipment had been bought and paid for by money
borrowed on temporary loans. It has become necessary to
immediately renew the bridges over Illinois and Spoon Rivers;
and in June last the directors decided to sell §294,000 first
mortgage bonds and use the proceeds in paying for equipment
already bought the renewal of the above-named bridges, the
purchase of other equipment, and such imijrovements to
track and bridges as may be most needed. This leaves §300,000
first mortgage bonds unappropriated.
The §294,000 bonds
were sold June 37t.h, at a net price to the company of 77Jg per
cent ex-coupon for July, 1890. Contracts have been made for
the erection of thewbridges at an early day. They will be
built of iron, of present approved standard pattern. The proceeds of the 294 bonds sold, as above stated, amount to
§328,952.
Of this sura the following has been expended:
For equipment, §117,587; for bridges, §37,046; for steel rail.
§10,408; total, §165,042. The balance unexpended amots to
§63,910, which will be used for completing payments on new
bridges and for new equipment."
Earnings and expenses and the income account for three
years were as follows, not including the Chatsworth acover
EABNINGS, EXPEKSKS AND CHARGES.
1888-89
<Jroas eaminpa
'
$10,G94,4'87
Operating expenses
7,039,939
Net earnings
Vtner Income
~i3,"o01^548
Total
1889-90.
flO,7t9,167
7,379,774
142,383
$3,369,393
149,3-3
$3,146,931
$3,518,776
$80,000
906.033
484.254
$80,000
982,888
552,878
1,705,000
Deduct—
Interest
,
,,,.
Rentals
raxes.
....
Dividends (10per«ent)
Total
inrplus
1,550,000
$3,020,287
,
$126,644
.y.
$3,320,766
$198,010
OGNEBAI. BAIANCE SHEET.
Sept. 30,
Assets—
Construction account
fpgg
$14,343
486
^^
Equipment
3,461.573
5?a' estate..
871.026
Docks aud wharves
128 688
....'.'.'.'.'.
^ew construction
2,369;455
250,300
BuefromaKents:;::;;;:;;::::::'::
86,675
Due from companies and individiiais
255,033
Advances to Harlem Ei v. & Portcliester ER
24,530
Bills recei lable
56,967
Stocks and bonds owned
2,333,514
Materials and supplies on hand
...'....'
671,396
Total amount
."
$24,852,645
Juiie 30,
1890.
$14,836,.533
3,461,573
871,026
128,688
3,039,835
271,255
56,063
305,371
24,530
300
2,328.769
627.992
$25,051,935
Liabililies—
i
$15,500,000
'.'.'.'.'.'.
]
2 000 UOO
2'.434'800
'soo.OOO
26,667
i .to cqo
I
.
Totalliabllities
—
cident
:
EARNINGS AND EXPENSES,
Earnings flvm—
P.issengers
Freight
Mall, express, etc
.
Total earnings
Capital stock
j5onas
Advances account of new stock
IBills payable
Kiterost unpaid (accrued not due)
"
Aentals
*'
»*
'Eentals
"
iDlvIdends"
.youchcrs and accounts
OontlnEcnt account
Proflt and loss
Illinois
1B057
aiU
."
.'.;.
314 115
317 490
IW]^]]^]"'.'.
$18,600,000
2,000,000
Operating expenses and ta-xes
Neteaniiags
d 60,000
6,667
139.945
53,024
3,909
581,863
Net earnings
Deduct—
Interest on bonds
3,766,527
....i^E^MS
$25,951,935
Total
;
1888-89.
1889-90.
$241,004
570,352
92,581
$238,062
583,132
117,636
$948,524
749,041
$903,937
730,194
$938,830
746,031
$199,483
$173,743
$192,799
INCOME ACCOUNT.
Miscellaneous interest, etc
3,316;222
1887-88.
$227,799
644,357
76,168
Balance
'.
1887-88.
1888-89.
1889-90.
$199,483
$173,743
$192,799
$180,000
399
$180,240
$180,240
12,129
10,387
$180,399
$190,627
sur,$19,084 def.$16,884
$192„369
sur.
$430
,
October
THK CHRONKJLE.
4, 1800.J
the practice in the State cr<iurt«.
fuse the demand for a jury. The
GENERAL INVESTMENT NEWS.
Boston & Albmv.— I'ursuant to tlio recent vote to increase
the capital by ^rs.OJD.OOD, stockhol lers of record on Sept. 24,
1890, are otTereil the rijclit to Hubscribe, on or before Jan. 1,
1891, for one new Mli:ire of stock at par for each four shares of
old stock lield by them respectively.
Calle<l Bunds. The following bonds have been called for
payment:
JEFFERSONVILLE MaDISON & l!«DIANAPOLIS liU. 1st mortgage 7 per cent bonds of 1806, due October 1, 11H)C, to be paid
at 110 and interest on presentation at the office of the Farmers'
Lioan & Trust Co., New York, interest ceasing November 1,
18 bonds of $1,000 each, viz.:
Nos. no, 028, 869, 947, 1306, 1571, 1601, 1794, 1823, 1881, 1889,
—
3140,
L'ry_'7.
Central
New England & Western— Ponghkcepsie
Bridge.
railway bridge across tlie Delaware River, connecting the Jersey Central and the Belvidere-Uolaware diviBion of the Pennsylvania Railroad, is completed and opened
for traffic. This bridge enables the Jersey Central to send its
coal cars into Bost6n direct, and aJmost on an air line, using
the Poughkeeiisie Bridge. President Wilson, of the Central
Now England X Western, reports a steadily-increasing traffic,
1,700 loaded freight cars having passed over the road in SepAugust and 1,000 in July.
tember, as against 1,500 cars
The earnings for August were §57,993 gross and §19,898 net.
—The
-
467
new
m
Cleveland Cincinnati Chicago & 8t. Louis— Cincinnati
The Boston Herald has the folSr.ndusky Jt; Clevcla d
lowing as to the agreement between these companies: "The
Big Fuur gives two of its own common shares (§100 each) for
five JSandusky shares (§50 each), and one common for four
Ck)lumbus shares (§50 each), the Sandusky and Columbus toretain the net earnings collected up to October 1, 1890, for divi-
—
among their stockholders, say if 1 50 to §3 per share. The
The holders of §1,000,000
lease will date from October 1.
Columbus 7s will receive §1,100,000 gold 4s, and the holders of
cash
scrip
will
offered
or bonds at par^ This
the §89,530
be
scrip is redeemable any time. The 7s run only 10 years. The
$1,100,000 given for them yield, say, 1 per cent a year of principal for that period and §44 interest, so that they really receive better than a 4 per cent bond. Moreover, the Columbus
sion
morning.
This it) the second of .Mr. Hokk'» notable •uit* agaiaat mil
roads, the Urst one having Uwu brought against tne M. K. 4
T. a few weeks since.
Mr. Hogg is a candidaUi for Ooremoro
the .State, and, to speak in the most moderate terinn, it ia no
to be supposed that he intends to malce himself uniiopuUr bi
these extraordinary lawsuits against two Icadlna raUro«da
Tliese roads have been of vast benefit to the secUona of tb
State of Texas through which they run, and the parties wbi
invested solid cash in the buildiuKof them, by the purciiue ol
their bonds, have iilreafly met witn heavy I(mh«« on their Inveat
mcnt. The International owns about 750 miles of road, ant
it is perfectly safe to say that Mr. Hogg could not find money
in the State of Texas to-day, nor in the Unite<i States, to rci
place this road in its present condition, with bridges, stations
terminals, *c., at $35,000 per mile. This wouM amount tc
|18,T50,0(K), while the two mortgages only amount toKethei
to about §15,000,000, and on the basis of this " watered " cap!
tal
the present action
is
Such lawsuits are most dam
based.
aging to the State in preventing further investments there h
railroad building and who is to be gratified by them ? Cer
tainly not the business men of Galveston, Hou-ston, Dallas
Austin and other cities. A public suit against a railroad, beini
really groundless and without substantial foundation in righ
or reason, is only an appeal to those classes of the peopU
who are either too ignorant to see the benefit of railroads o
too dishonest to allow persons outside their State to make i^
fair interest on their money after having invested it in goo«
faith in a public work which has iieen of inestimable benefi
;
to the
community.
Kanawha & Michigan—Toledo & Ohin Central.— Judge
others, interested in Toledo & Ohio Central, liave
purchased a block of Kanawlia & Michigan stock, and it is
understood that they will shortly be elected on Jhe board oi
Burke and
directors. Tlie two roads are to be operated in close harmony
ext.'nsion of the Kanawha Road from Charleston to
the mi.uth of the Ganley River, as proposed ia the recent
reorganization plan, will be carried out. Legal difticultiea
stood in the way of the proposed lease to the Cliesapeake <Sk
and the
Ohio and a guarantee of the bonds.
M. road for the year ending June 30,
&
Operations of the K.
show the following
1890,
results:
operated under a temporary contract with the San- Gross earning
which might be terminated anytime. Holders of over Operating expenses
^800 ,000 7s have assented to the exchange. The Big Four
Net earnings
stock will share in the January semi-annual dividend, say IJ^ Taxes
per cent. The Big Four pays that sum half-yearly and 1 per Rentals
road
H« could not. Ih.r.fore, ri
CMO wuaet fur ThuniUi
is
du.-iky,
^0.'>,2I <
v!36,36S
.•
^68304
^13,i)00
1,833 —15,333
,
cent extra, after Vanderbilt custom."
Surplus
—
Colorado Midland. No definite information has yet been
given to the Chronicle as to the terms of the Colorado Midmnd sale to Atchison. Yesterday Dow, Jones & Co. had the
following, which is quoted as one of the facts or fancies current on this subject: " The facts have been withheld here,
but they appear to have transpired in London, and are given
as follows by the London Times;
" We are iuformed that the oousideratlon to be Riven by the Atchison
Couipauy to tlie stotklmkleis of Iho Colorado Midland Company for
their holdiuKs is uoiniually .",0 pel- cent of the par value and oonsist-s of
ijd rash or to per cent, it^O cash within two years, or 12 per cent, aud
2S per cent in Atchison stoclf. The last named is accepted by the Colorado Midland sb ireholders as of the declared price or v.alue of 15.
The total apportionment, therefore, represents an actual oi- piospcctive
value of 23-t)0 i)er cent, as against the 50 i er cenl nominal.' "
Illinois Ceulral.—The §1,480,000 New Orleans Jackson
Great Northern 8 per cent bonds due October 1, 1890, were
paid, and replaced by a like amount of Chicago St. Louis
IJew Orleans consolidated mortgage 5 per cents, a saving in
intere.-t to the company of §44,400 yearly.
$03,921
—
KinzB County Elerated. This company is funding the interest for 1890, 1891 and 1892 on its second mortgage bonds
(of which there are §3,377,0(K)) into ten-year debentures.
Tlie
earnings for the fiscal year ending June 30, 1890, were as fol
lows
:
Gross earninsrs
Operating expenses aud
$7H>.707
taxeii
651»,<j36
•
&
&
.
—
Indiana Illinois & lona. For
000 of old first mortgage and §200,000 second mortgage bonds,
a new first mortgage has been made securing the issue of 800
coupon bonds of §1,000 each, payable in 50 years from Dec.
the purpose of retiring §600,-
1, 1889, payable in gold with 4 uer cent interest, payable semiannually in
York City, June 1 and December 1. Also
a mortgage to secure first and second incomes 500 bonds of
denomination of §500 each, to bear interest at the rate of 4
Tlie incomes are registered
per cent, non-accumulati''e.
tionds.
More than three-fourths of the old bonds have been
exchanged for new issues, and June interest has been paid on
them. This makes the entire new issue $800,000 first mortgages, §250,000 first incomes and §2.50,000 secoml incomes.
The Metropolitan Trust Co. of New York is trustee of the
New
new
mortgages.
International & Great Northern. At Tyler, Texas. Sept.
29, in the Seventh Judicial District Court before Judge McCord,
the foreclosure suit of the Farmers' Loan & Trust Company
of New York against the International & Great Nortnwn
—
Railway Company was called for trial. The Missouri Kansas
fit Texas Railway as stockholders in
the International and
Great- Northern Company are interveners seeking to protect
their rights as stockliolders.
The State, represented by Attorney-General Hogg, is also
an inter venor, with a general allegation that the first and
second mortgage bonds issued by the company are illegal in
other words that they represent watered or inflated capital.
When the case was called, Attomey-Gteneral Hogg asked for a
jury. This was resisted by counsel for plaintiff. Judge McCord said the Supreme Court had declared that a jury could
be called for when the case wa j ready fpr trial, aud that was
—
$1S7,671
Net earnings
$170,830
Interest on Kings County l-t mortgage
Interest on debentures
Kentals, &c
1,266
2.000-174,110
$10,44,1
Deficit
Loai^Ti le Southern.- The exchange of tlie two issues of
sixes (main line and extension bonds) for the new fives is
being made by the Central Trust Co, 54 Wall Street.
York. The new bonds carry interest from the first of last
now
New
July.
Missonri Kansas & Texas.— The new mortgages of the MisTexas have been printed, and afford an interestsouri Kansas
ing study. They recite that all the old bonds are now due and
Neosho R. R. Co.
payable, except §241,000 bonds of the Tebo
The new issues are therefore practically a first lien en all the
&
&
road conveyed bv the mortgage, extending from HannibaU
Mo. via Denison, Texas, to Mineola. Texas, 680 miles: from Parson, Kan., to Junction City, Kan., 157 miles; from Fort Worth,
Tex., to Taylor, Tex., 163 miles the Holden branch, etc.. 123
miles. Total, 1,113 miles. They also cover the entire stock
and all the bonds, except §347,000 of one road, of sundry Texas
roads having a total mileage of 489 miles, making a total mileage on which the new bonds are secured of 1,601 miles. Abstracts of these mortgages will probably be published hereafter in the Chbonicle. The new bonds will probably br"
ready for delivery in about a week.
,
;
Missouri Kansas & Texas— Kansas CItj & Paciflc— In
pursuance of the agreement between these companK^, hy
which the Missouri Kansas & Texas leases the Kansas
tn«
City & Pacific for 999 years, there has been executed l>y
§2..>0<1,000 of 100latter company a new mortgage securing
guaranteed
year 4 per cent gold bonds, interest on which is
The new bonds reby the Missouri Kansas & Texas.
Besides guaranteeing the inplace the old 6 per cents.
pay to the Kansas
terest on these bonds, the lessee is to
years of the lease
City & Pacific during the first hve
August 1,1895,) any excws of 30 per cent of th<
mterest on the bond
gross earniils left after paying the
taxes and corporati
(this interest amounting to §100,000),
same in any pr
exnenses, and any deficit on account of the
percentage to b«
vious year. After August 1, 1895, the
(i.e., till
«
—
:
THE CHRONIOLK
458
P applied
>'
is
33 per cent.
The
Pacific
its line into the Indian Territory, if
Texas.
3tfis80uri Kansas
[Vol. LI.
BROAJ>WAY A SEVBNTn AVENUE,
Company
agrees to extend
requested bo to do by the
Sept 30,
soon
Stocks Antborizod or Offered --The follow-
of new issues of securities
to be offered :
is
a
list
now offered
for sale, or
8TA.TE8, CITIES, COUNTIES, AC.
5 per cent bonds, due In
twontv years, payable in five years. Bids will be received until
noon Oct. 11, by D. A. Lefflngwoll, Ashland, Ky.
Boston, Citt.— A loan of $900,000 is to be neKotliited. About Deo. 1
$1,000,000 more can be issued (already; spoken for).
Bbooki.tn, Citt, N. T.— $500.00(1 local improvement 3 per cent
bonds, due Jan. 1, 1920 to 1924.
$800,000 3 per cent scliool improvement bonds, due Jan. 1, 1916 to
ASHLANP, CiTT, Kr.—$30,000 ImproTement
19'23.
$1,000,000 3 per cent permanent water bonds, due Jan.
1,
1905 and
l»0fi.
Proposals will be received
Comptroller.
till
noon Oct
15,
by Theo.
F. Jackson,
^
Jtme 30,
1890
1880
X88S
Grosseamings
New Bonds and
ing
ended
Sept 30,
Ycai^s
'
&
$1,542,699
994,449
$1,.533,66S
1,000,735
$1,599,094
1,023,854
Fixed charges
$548,250
391,978
$532,931
362,099
$575,240
372,357
Net income...
Dividends
$156,272
$170,832
84,000
$202,883
168,000
$156,272
$86,832
$34,883
Operating expenses
Neteamings
Surplus for year
THIRD AVESUE.
-Tears EndedGross earnings
Oix:rating expenses
Net earnings
Other income
June
^Sept. 30,
1888.
Sept. 30,
$1,404,191
979,845
$1,572,861
1,085,404
1890.
$1,647,782
1,142,503
$424,346
57,949
$487,457
39,106
$505,279
135,265
1889.
30,
Gross iDOome
$482,295
$526,563
$640,544
Cabthage, Villaob, Ohio.— $3,000 sidewalk 6 per cent bonds, due Fixed charges
811,889
299,086
267,3*3
September 15. 1895 to 1900. Proposals will be received until noon
Oct. 21, by Elmer E. Boss, clerk.
Netinconae
$170,406
$227,497
$373,296
Bbastfori>, OnT.—$13,233 flro alarm 49; $110,000 water 4s; $40,000 Dividends
140,000
180,000
240,000
school 4s. Proposals for the foregoing will be received till Oct 11.
Surplus
'$47,496
for
year
$30,406
$133,296
cent
Columbus, Citt, Ohio.— Sealed proposals for the following 6 per
bonds will be reoeived till noon Oct. 21 by H. E. Bryan, City Clerk.
New York Central & Hudson Riyer. The earnings, ex$18,000 Lane Avenue improvement, due July 1, 1900.
penses and charges for the quarter ending Sept. 30 (the first
$11,000 Wall Street improvement, due July 1, 1900.
quarter
of the fiscal year), were as given below, Sept. 1890,
$10,000 Sixth Street Improvement, due July 1, 1900.
$4,000 Williams Street improvement, due July 1, 1898.
being estimated,
$16,600 Dcnniead Avenue improvement, due July 1, 1898.
1889.
1890.
$10,0(10 Leonard Avenno Improvement, due July 1, 1905.
(Actual.)
(Est.)
$JO,000 Long Street improvement, due July 1, 1900.
Grois earnings
$9,745,202
$9,130,000
$40,00(1 Oty Park Avenue improvement,
Operating
—
Lazellc Street improvement, due July 1, 1900.
iO.OOO Washington Aveuue improvement, due July 1, 1900.
f2,500
$"),000 Seventh Street improvement, due July 1, 1905.
$35,000 Woodland Avenne improvement, due July 1, 1905.
$19,000 Woodruff Avenue improvement, due July 1, 1900.
Authority has been given to Istne the following street Improvement
bonds frpm time to time
Ordinance 5,774 Woodward Avenue 6«, due In 15 years.
Ordinances 5,767 and 5,769— Chapel Street 6s, due In 10 years.
Ordinance 5,763— Front Street 6s, due in 15 years.
Ordinance 5,760 Dimcan Street 6«, due in 16 years.
Ordinance 5,775— Latta Avenue fls, due in 10 years.
Ordinance 5,777— Locust Street 6s. due in IB years.
Ordinance 5,766 -CTherry Street 6b, due in 10 years.
Ordinances 5,805 and 5,804— Main Street 6s, due in 15 year*.
Ordinance 5,794 Fourth Street 6s. due in 8 years.
Orilinanoe 5.797— Alley 68. due In 8 years.
Ordinance 5,798— Goodale Street Ss, due in 10 years.
Ordinance 5,795— Broad Street 68, due in 15 years.
Ordinance 5,811— Ninth Avenue 68, due in SO years. Ordinance 5.825— Tompkins Street 6b, due in 20 years."
FiNBLAT, Ohio.—$2,700 6 per cent sewer bonds. Bids will be received
—
—
expenses
Ket earnings.
(65-40%) 6,373,182
(68-51%) 6,254,674
$3,372,020
1,978,281
$2,875,326
2,082,000
,
First obarges
Profit
Dividends
$1,393,739
$793,326
(1>»%) 1,341,424
(1%) 894,283
Ballknoe
gur. $52,315
def. $100,957
New England— ProTidence &
The New York & New England directors, at
N*ew York
It
Springfield.
their
monthly
meeting, voted to lease the Providence & Springfield Road for
99 years from Oct. 1, 1890, and to guarantee 6 per cent on the
stock.
The Boston Hemld remarks:
"Control of this
—
stock was bought some two or three months since by a
Boston banking firm for parties interested in the New
York & New England Road, and at the time it was declared
that control was to be transferred to the New York
New
England company at cost. Just how this idea is to be made
by Clerk Foster up to (Jet. 18.
consistent with the lease at a rental which renders the stock
Gbasd Fobks, Dak.— $17,500 6 perxient school bonds, due 1900. Bids a valuable investment holding is not apparent. The authorized
will be received by W. A. Currie until Oct. 7.
capital stock is $800,000, of which ?.517,450 had been issued
Habrison. Village, Ohio.—$5,000 5 per cent bonds, due Nov. 1, 1901 Sept.
For the year ended then the road earned
80, 1889.
to 1910. Proposals will be reoeived until noon Oct. 28 by H. O.
$126,942 gross and $39,725 net. Charges were $35,953, leaving
Campbell, clerk.
HonoKEN Citt. N. J.—$20,000 registered water scrip, due in 1910. a balance of §3,772. Six per cent on the stock would call for
Proposals will be received at the office of the Water Registrar until $31,047. The road is understood to bave improved its earnOct. 9, at 7:30 P. M.
ings, and with new connections with the New York & New
Jefferson, Cocntt, Oreqoh. —$225,000 court house and public road England might, it would seem, earn the rental and not bebonds are to be issued.
come a burden on the New York <fe New England."
Knoxville, Citt, Tenn.— $200,000 ibonds 'are to be issued to aid the
Knoxville Southern RR.
New York & Northern. The annual report for the year
Li-SCOLX, Neb.— $20,000 5 per cent sewer bonds.
ending June 30 shows as follows
$25,000 5 per cent paving bonds.
Gross earnings from operation
$571,198
$50,000 district paving bonds.
Operating expenses (excluding all taxes)
461-,4H
Bids will be received by Henry Welth till 2 p. M. Oct. 6.
MACornx, County, III.— $990;PO0 refunding 4 per cent 10-20s. ProNet earnings from operation
$109,776
posals will be received by W.B.Dugger, at Carllnvllle, 111., up to Income from other sources than operation
560
noon Nov. 5.
Total income from aU sources
MECKLF,NBrRG, CouNTT.BN. C— $300,000 5 per cent refunding binds
$110,337
&
—
:
are to be Issued.
Mercer Countt, No. Dak.—$25,000 funding bonds, due
1905.
E. B.
county treasurer, will receive bids till 2 r. m. Oct. 6.
Nebraska, Citt, Neb.— $70,000 city precinct bonds are to be issued.
PASSAic,Con.\TT,N. J.— $100,000 county road 5 per cent bonds, due
Oct. 1, 1891, 1892 and 1893. Bids will be received by Wm.Nelson.
at the Court House, Paterson, N. J., till 2 p. u. Oct. 4.
Portsmouth, N. H.- $20,000 bonds are to be issued.
Somerville, Mass.— $100,000 is to be borrowed for six months.
^^refunding water loan i per cent bonds, due
^SJ?^^'^•™.^*??•°*'0
1891 to 1909. Offered by Geo. A. Femald & Co., Boston.
Village, Ohio.-$1,150 6 per cent bonds, duo 1891 to
^^^'n««^''i*^^'
1900. Proposals will bo received by C. P. MackeUresh, Central
Depot, Cincinnati, Ohio, till noon Oct. 18.
Strickler,
RAILROAD AND MISCELLANEOUS COMPANIES
LlMITED.-£ 250,000 stock, of which
^^^/I'S^nnn^J'"^ *
P"^eferred and £125.000 common;
f in ;^^V ^ I'i^J'o'"-''Sj.S"?'i^**'^''
^'2d,000 debentures, 6 per cent, $1,000 each; due
foon
1920, redeemable on six months' notice after Jan. 1, 1910, at 105
^^^ 8"'^«"iption from Oct. 4 to Oct. 7, at Peters,
Ppl?Pm.rA r,?''%^•'^'; '?™»<i'5"5--N. Y., Araericivn Loan & Trust Com^
^„„^^,.?»
'" Loudon. Price of bonds par, and of stock
$4S=^'e
F'''1''ACE Co.,
Interest on funded debt
Reconstruction of Croton Lake Bridge....
Taxes
6,000— 113,388
Rentals
Net
$60,000
32,086
ln,300
$3,049
deficit
—At
the annual meeting of the Old Colony
Railroad stockholders in Boston the old board of directors
was unanimously re-elected, and a resolution was adopted to
issue $500,000 bonds to fund the floating debt.
Old Colony.
Oregon
Pacific.
— This
railroad
company
defaulted on
its
interest due Oct. 1.
The company operates 140 miles, mortgaged at $25,000 i)er mile. The road runs from Yaquina Bay
to the eastern boundary of Oregon, and has a lar ^e mileage
projected.
map of the road was published in the Invest
ORS' Supplement of March, 1890, and prior issues.
A
—
Pecos Valley. This company has been chartered to construct a road from Pecos City, a station on the Texas
Pacific Road, up the Pecos Valley through Eddy, RosweU a'hd
on to Albuquertiue, a total distance of about 340 miles. The
President writes " The road will be completed by the firsf of
November next from Pecos City to Eddy, a distance of
Metropolitav Crosstown Railwat Co. op N. Y. -$60(3
000 first abont 93 miles. This is all that is proposed this year, and its
"l"" ^''20- Offered at 95 aSd interest
?°^
^""rJ^iiw''l^hn^.'t^
^''l
by
Robertson
i James,
present object is to develop the productive Pecos Valley. The
7 Nassau Street, N Y
Pecos is probably the best stream for irrigating in the wliole
'"'"•'" "> ^"^'1 ""^""S «'«»'* liave been
''"""a utCSd^""*^""'""*'
arid region. Large canals have been planned and are in
course of constrnction. and when completed will put under
•''"' '"^" '°'=™'"«'l ''''"' ^^^^''''^'0(^:';JsXnS,^;S-^<^5o%°o''(]!
water fully three hundred thousand acres of land. The obSt. Louis Mf:RciusT8' Bbujoe T-rminal
Railway Co -Stockholders ject of the road now building is to supply transportation to
this valley. In time the road will be constructed (io AlbuquerWoosTEK & U.oi RR., Clevicland, Onio.-Bonds will be
que, and with its connections will form a direct and very
sold Oct. 6.
The road is mortgaged for
New York City Horse Railroads'.— Tlie following reports easy route to the Gulf of Mexico. which
will be, sufficient to
$12,000 a mile, at five per cent,
have been mad... to the N. Y. State BR.
Commissioner fo?the construct it in the best manner, and furnish enough equipment
'^**' ^^^'^^
''^^
^^^
^°
P'^^'°"^ ^«P°'^«
Vear for the present business. It is sttndard gauge, using o6-lb
enfedSepl 30."'
steel rails, and built in the best manner.
1
•
:
&
—
—
—
October
4.
THE CHRONICLE.
1890.]
rhilAd«^luhlft HarrUbnrir & IMttHhnr?.— This railroad is
Reading. It will hold a
controllfd liy the Philadelphia
stooklioldcrs' ineotinK on Oct. 14 to deride the qupxtion of
bonds.
Construction work is
issuitiK $3,1)00,000 of 5 per cent
now Roinj; on, iind by next spriiiR it is estimated that trains
will be riinniiiK to the Reading's connection,
LOUISVILLE
8^8
Railboad.
Gross eamliiKB
OpcraMngexp. and taxes..
Mctearninga
Otbcr iuoomo
>
ENDED JUNE
l-OK
1
UE
YEAR
FI/KAI-
30, 1800.
To the StoekhohUrt of the LouUville <t Xanhvitle RR. Co.:
The President and Directors of the Louisville & Nashville
RR. Company respectfuly submit their report for the fl«c&l
1889-00.
year ended June 80, 1890, as follows:
8
14,082,157
LENGTH OF KOADS.
8,008,620
The length of roads operated by this company and of thow
6,!I73,528 in which it is interested at the close of its fliscal year. -uiie
June w,
80
j
398,126 1890, is as follows
1888-80.
045,422 5,565.014
31,510
592,465
.
:
989,620
Total
Coal & Ikom Co,
Gross receipts
OperattuK expenses
Imp'ntsi sink. fund..
Intcrost on debt
Coll.
076,041
6,167,470
6,771,664
2,104,682 1,747,84711,083,114 12,711,286
1,992,517 1,659,348 11,934,(127 12,.'i97,013
172,375 133,502 l,l(!l,:is2 l,()(i2,356
40,915
679,352
43,055
650,082
Total disbursements.... 2,207,047 1,833,765 13,775,661 14,119,361
Lo«s on Coal & Iron Co
85,918 1,792,247 1,406,065
103,265
»et proflt Railroad Co
980,620 976,041 6,157,470 6,771,654
886,355
Bal. both companies...
801,023
4,365,232
5,363,689
Akron & Western.— The
contractors who are
constructinf; this road have been during the summer proceeding very quietly but vigorously with tlie work, and now have
graded all but 13 miles at the Akron end, where the work is
heavy, but rapidly approaching completion. The rails have
been laid on 114 miles the track-layers will reach Rocky
River four miles east of Medina by the 20th inst., leaving only
25 miles to be laid to complete the line and which it is expected to accomplish before freezing weather. The road will
be put in operation early in the coming year, and connecting
at Akron, Us eastern terminus, with the Pittsburg & Western,
will afford that line a more direct outlet for its large traffic
going west, connecting at Plymouth with the Baltimore
Ohio for Chicago, at Bluffton with the Lake Erie & Western
for Indianapolis and Peoria, and at Delphos with the Toledo
St. Louis & Kansas City for St. Louis.
Plttsbnrg'
NASHVILLE RR, CO.
Dee. 1 to Aug. 81.
.
1,901,500 1,824,70.'5 13,.'570,202
809,05( 870,283 8,011,278
1,001.645
1osb12,025
A.
fioctttneuts.
TUIRTY-NINTH AN.VUAI, UKI-OUT
I'hiladelohia & Reading.— The results of the Railroad and
the Coal & Iron Company lor AuKU5t, and for nine months of
the fiscal year, have been aa follows:
August.
1889.
1800,
auA
%tpttxt&
&
,
4/9
Owned
absolutely or through tho ownership of the entire
oapltnl stock
1886*31
II. Operated uuder lease, earnings In exoesa of fixed charffea '
accruing to this cuinpany
llS-ag
IIL Operated for account of the South A North Alabama Bb!
I.
Company
188*67
87*42
IV. Operated under lease for account of various conipaiiles.'.'
V. In which the comi)any Is Interested as owner of a malorIty of the capital stock In the company that operates
theroad
Total mileage
June
was
30, 1890,
2,216*20
'
721*0O
70*8O
4.106^
on an
though the completed mileage on
mUes, composed as follows:
The earnings and expenses
average of 3,198*25 miles,
003.33
i
VI. In which the company Is Interested as joint lessee with
the Central RR. Comjiany of Georgia
VII. Owned but not operated by the company
......'.'.'.
in this report are based
;
&
—
St. Louis Alton & Terre Haute.
A dispatch from Chicago
says that the Litchfield suit to enjoin the Bale of the St. Louis
Alton & Terre Haute Railroad to the " Big Four "has been
withdrawn.
St. Lonis Merchants' Bridere Terminal Railway.—At
a meeting of the stockholders of this company held in St.
Louis, Oct.
and
tlie
1, it
was voted
to increase both the capital stock
bonded indebtedness of the company from $3,000,000
to $3,500,000.
Saraanah Griffin & North Alabama.-This road, whieh is
controlled by the Central of Gteorgia, is to be sold by the receiver at auction at GrilHn, Ga., Nov. 4, under the order of
the Superior Court of Spaiilding County. The road extends
from Griffin westward to Carrollton, 60 miles, and is operated
as a part of the Central. No bid of less than $500,000 will be
received. Railroad Oazette.
Shenandoah Valley.
—At
Roanake, Va., September
30,
the
&
Fidelity Insurance Trust
Safe Deposit Company, trustee,
sold all the right, title and interest of the Shenandoah Vallev
Railroad Company in and to its entire line of railroad, extending from Roanoke, Va.. to Hagerstown, Md., a distance of 239
mSes, for $7,100,000. The purchase was made by the Norfolk
Western Railroad Company in accordance with the plan of
reorganization.
&
Slonx City & Northern.—The Sioux City & Northern
Railroad Comfany, which completed last January its 96 miles
of road from Sioux City to Garretson, thereby giving the
Manitoba system an entry into Sioux City, has sold its first
issue of bonds, $1,920,000 5s, to a Boston syndicate, which
will shortly offer them in the New England market. This little
road has a most substantial backing both in the East and in
the West, and has made important traffic alliances. The road
was completed and put in operation before its bonds were
offered in any market. It is understood that the Boston syndicate will offer them here at 95 and interest. Boston Journal.
Thoingon-Honston Electric. The Thomson-Houston board
of directors recently voted to sell Messrs. Lee, Higginson &
Co. 50,000 shares of common stock at $50 per share (less a
banker's commission presumably), and afterward voted
to sell shareholders of October 3, 10,000 shares of common stock at $.50, payable on or before October 15. These
—
company $3,000,000, less any banker's coman amount sufficient to clear off the floating debt
sales will yield the
mission,
payable and leave a working balance in cash.
Toledo Ann Arbor & North Michigan.— The following is a
memorandum of gross and net earnings for eight months of
the current year:
Gross earnin»,'s Jan. 1 to Aug. 31
Hotcarninus
Fixed charKes
'
Balance
1889.
1890.
$625,809
$166,630
ISO.OnO
$766,642
$274,642
205,000
$141,051
$108,012
25,000
df.$13,39Osur,$60,642
$83,032
Inerease.
Union PaciHc—The Union Trust Company, trustee, invites
proposals for the sale to it of Union Pacific 8 per cent sinking
fund bonds, secured by said mortgage, to the extent of
1700,000,
Jftlet.
Owned
absolutely or through the ownershlpof the entire capistock
1,885*21
Operated under lease, earnings In excess of llxcd charges actal
cruing U> this company
Operated for account of tho South
142*32
188*67
A North Alabama BB. Co..
2,216-20
Attention is called to the tables submitted herewith for details of the year's business.
No,
I, Income account, fixed charges, etc.
No.
II. Profit and Loss accoimt.
No. III. General balance sheet.
No. IV. Bonded debt in detail.
V. Gross earnings, operating expenses, and net, by
No.
months.
VI. Total earnings, operating expenses, and net.
No.
No. VII. Detailed statement of mileage.
No. VIII. Securities owned by the Company.
BONDED DEBT.
The bonded debt, as per Table No. 4,
Bonds issued—
last year's report,
was. .$65,726,660
Five per cent Collateral Trust Gold Bonds. . $481 ,000
First Mortgage, five per cent 50-year Gold
Bonds
225,000
706,000
—
Deduct bonds redeemed during the year
General Mortgage Bonds canceled for Sinking Fund
$153,0('O
Bixi'iercentCoUateralTrustBondsredeemed 9,2S4,0i
Ten-forty Adjustment Bonds redeemed
469,000
Cecilia Branch Bonds canceled fur Siuklug
Fund
24,000
Evansvllle Henderson & Nashville DiviMon
Bonds canceled for Sinking Fund.
Car Trust Bonds paid
Boiling stock Trust Bonds, series A canceled
$66,432,660
22,000
3,000
330,000
10,255,000
Outstanding June 30, 1890
Showing a decrease in the bonded debt of
$56,177,660
$9,549,000
GENERAL RESULTS.
from operations for the year are
Gross earnings
$18,846,003 92
Operating expenses, 60*59 per cent
11 419,092 47
The general
results
Not earnings from
traffic,
:
39*41 percent
$7,426,91
1^5
«IWi
«
Deduct charges against income^
Interest, rents, etc
Taxes
$4,524,68406
307,720 66
4,922,414 73
Add—
Net earnings
$2,504,406 73
Income from Investments
638,686 34
$3,143,183 07
Deduct—
Loss on Georgia Railroad lease
Loss on Pensacola & Atlantic RR
800,338 83
186,202 33
276,541 18
Net Income for the year
Deduct three-per-ceut stock dividend,
declared January 6, 1 8i>0
stock dividend, declared July 2,1890.
l*10-pcr-cont cash dividend, declared
$2,S66.641 01
$993,300 00
l*90-i>er-cetit
July
'
2,
1890
803,00000
518.167 10
2,405.367 10
Netsurplus forthoyear
The average length of roads operated
showing for the year as follows :
Gross earnings per mile
Operating expenses per mile
Ket eoniiuga per toUe..
w as
$461,374 81
2,198'25 miles
188»«a
1888-89.
$8,573 23
5,19522
$7,678 07
4,778 38
$3,378 01
$2,900 69
:
IHE CHRONICLE
4()0
The growth
of traffic
is
shown by the following
Teabs.
It
If
879-80
...
.880-81
H8U82
....
'>s3-83 ....
":!-8t....
^Sfc-85
-S8<!-87 ....
.887-88
....
ASS-8i*
•^•i-i-90 ....
5,676
5,930
6,083
6.513
6,019
6,775
6,513
7,431
8,071
7,679
8,573
II
ii
Oa.
4.208.199
6.713,132
7,439,370
8,099,596
68' 8,833,782
081 8,182,235
60 8,213,295
65 9,017,053
10 10,387,535
22
21
06
ai
i
i
0710,328,085
23 11,419,092
t
3,212
3,048
3,789
3,983
1,273
3.977
1,039
1,172
5,005
1,778
5,195
,
II
It
o
1,310 7.43,i.843
1,840 10,911.651
1,971 11.987.74:1
3,032 13,2»4,D18
2,065 14.351,093
2,037 13,936,.'V46
2,023 13,177,018
2,023 15,i">80,.585
2,027 16,360,241
2,161118.599,396
2.198 18.816,004
c
^1
li
is
1^
i^
water transportation
table:
'
36
14
31
02
01
78
98
09
38
38
22
«
3,227,611 3,163 85 56-59
4,198,518 2,381 80 Ol'Sl!
5,135,321 2,537
5,527.310 2,676
5,751,00113,797
1,963,733'2.153
6,033,531|2,983
8,092,706,3,005
6,373,31ll2.902
7,138,91113,378
23
66 61-48
27
61
46
77
96 62-21
91
CON8TEUCTION ACCOUNT.
The expenditures during the year for improvements and
'
Iditions to the several properties amounted in the aggregate
$a.8U,000, as per detailed statement in annual report,
balance sheet and usual detailed statements will
.\ liere the
also be found.
I
I
COST OF BRANCHES.
The Company purchased in January last the Anniston &
Cincinnaii Railroad, which runs from Anniston, Alabama, to
Attalla. Alabama, a distance of thirty-five miles, and also the
'Anniston & Atlantic Railroad, which runs from Anniston,
Alabama, to Sylacauga, Alabama, a distance of fifty-three
I
'
'
miles.
The Anniston & Atlantic Railroad is a narrow-gauge road,
which is now being changed to a standard gauge, and is being
extended from Sylacauga, through Shelby, and from there to
the main line of the South & North Alabama Railroad at or
near Calera. Alabama, a distance of about forty-one miles,
which is under construction, and which will be finished during
the next fiscal year, and when completed and turned over to
the Operating Department will add altogether about one hundred and twenty-nine miles to your system.
These two roads, viz., the Anniston & Cincinnati Railroad
and the Anniston & Atlantic Railroad, have been consolidated
into the Alabama Mineral Railroad Company, which is at present operated entirely separate from your system. There are
situated on this line a number of iron industries, and also
large quantities of brown hematite ore, as well as twelve furnaces constructed, situated as follows Attalla one, Gadsden
:
two, Anniston three, Jenifer one, Ironton two, Talladega one
and Shelby two and three furnaces in course of building,
situated at Anniston one, Talladega one and Shelby one.
It is believed that when this line is completed there will be
lonsiderable traffic in transporting the brown hematite ores to
tlie Birmingham district, to be used by the furnaces situated in
vmd around Birmingliam, in mixing with the red hematite
c)ix>.=, as it has been found that it produces a better quality and
a larger yield of iron by mixing the brown and red hematite
;
facilities
can supply; besides there
a
year
Fordrpftglng Pensacola Bay
For co.aling arriiugements, Muscogee Wharf
For ariiingements for handling fertilizers
For track on coal elevator, Muscogee Wharf
ores together.
is
demand from Mexico and
the State of Texas, which
should be supplied from Pensacola.
To meet this want the Export Coal Company has recentlybeen organized under the laws of the State of Florida, and
they have purchased two ocean steam tugs and four large
barges, which will be used for the purpose of transporting coal,
lumber and merchandise from Pensacola to the West India
Islands and Gulf ports, and for return freights, and also one
barge for the delivery of coal to steamers in Pensacola Bay.
These tugs and barges have only recently been delivered, but
with the limited number and short time they have been in service they have transported a considerable amount of lumber,
some Western produce and provisions, and 45,000 tons of coaL
They have recently made contracts to supply large amounts of
coal and lumber which will fully occupy all the vessels that they
now control, and are now considering the purchase of additional barges and tugs. The business from the commencement has been entirely satisfactory to the Export Coal Company.
There are very large deposits of iron ores in Cuba, some of
which are Bessemer ores. The importations of Bessemer orea
from Cuba to the United States have increased to very large
proportions within the past few years.
The largest and most
important steel-producing plants in Eastern Pennsylvania rely
grincipally upon Cuba for their supply of Bessemer ores.
It
as been suggested that Pensacola and Mobile would be favorable places for the establishment of steel plants, as the water
transportation from Cuba to these points is less than half the
distance from Cuba to points in Pennsylvania; besides, the
plants, if established at either of these ports, could be located
on the Gulf, so that the Bessemer ores could be delivered direct
from the barges to the steel works, whereas in Pennsylvania
requires one additional handling in cases where the
it
ores have to be
transported by railroad
from tidewater to the steel works, the distance varying from
seventy to one hundred and twelve miles.
The railroad freight paid and the cost of handling necessarily
increases the cost of the ore.
It is claimed that the
cost of coke per ton will be less at Pensacola and Mobile than
in Eastern Pennsylvania, for the reason that the distance to the Alabama coal fields from these points is
less
than from the Connellsville district, where the
Eastern
Pennsylvania
furnaces
get
their supply
of
coke. At present the steel and steel rails that are used
in the Gulf States of the South are supplied by the steel mills
in the Nsrth, amounting to many thousands of tons per annum. The large saving of rail and ocean freights probably
offers the greatest inducement for the establishment of steel
works at these points.
The Company has expended at Pensacola during the past
large
s
fVOL. LI.
$30,150 87
17,894 82
6,18-( 73
1,879 13
For extension, Muscogee Wharf
80098
Wlien this line is completed it will shorten the distance beand
Cahaba
coal
mines,
it is believed that there will
the
Total
tween
$56,914.53
I
be a good traffic in coal and coke from the Cahaba and Pratt increasing the facilities for handling the coal traffic at that
coal mines in supplying the furnaces and the industries on the point.
The cars that are used
line of the Alabama Mineral Railroad.
Cumberland Valley Branch : There was expended during
in the transportation of coal and coke to the various mines at
Anniston, Talladega, Shelby, Gadsden and Attalla may have a the year on road west of Cumberland Gap §219,203 75, and on
road
east of Cumberland Gap §1,304,658 73, making total exreturn freight of iron ores from the mines on the line of the
pended 81,523,861 48 there had been previously expended oa
Alabama Mineral Railroad.
road
north of Cumberland Gap |1, 187, 355 75 and on road east
The northern terminus of this line is Attalla, where it connects with the Tennessee & Coosa Railroad, which has recently of Cumberland Gap $32,695 39, making the total cost of the"
been purchased by the Nashville Chattanooga & St. Louis Branch to June 30, 1890, $2,743,912 53.
Work on the line from Cumberland Gap to a connection
Eailway, and which is being extended north about forty-two
miles to a connection with that companv's lines, probably at with the Norfolk & Western RR. at Norton, a distance of
about seventy miles, has progressed steadily. The amount
some point east of Huntsville, Alabama.
The building of these lines will shorten the distance from expended during the year ended the 30th June, 1890, on the
Atmiston to Nashville and other points in the northwest, and division of the road east of Cumberland Gap was $1,804.will also form a new line to Chattanooga, and will be a direct 658 73, and it is confidently expected that the line will be
connection with the raining region around South Pittsburg completed and turned over to the operating department on or
before the Ist of January, 1891. The development of the re4Uid the Sequatchie Valley.
sources on this line during the past year ha? been very great.
Birmingham Mineral Railroad
There was charged to this There has been an increased output of coal and coke in and
line during the year $836, 56a 56. There had been previously around Piaeville, and the quality of the coke is said to be
excharged 85.227,336 99, making the total cost to June 60, 1890, cellent.
1^6,063,889 55, which is represented by the bonds and stock of
At Middlesborough, Kentucky, there has been established
that company, which are all owned by the Louisville & Nash- and in course of construction several large industries that wiU
ville Railroad Company.
doubtless give quite an amount of business to the line, viz.,
The total length of this road on June 30, 1889, was 182-51 the Watts Steel & Iron Syndicate, Limited, have well under
miles. During the fiscal year ended June 30, 1890, there has way
the construction of two large iron furnaces, and the same
been constructed 23-71 miles, making the total length of the company has also contracted with
the Withrow Company for
road at that date 156-22 miles. The average number of miles the building of steel plant, the
a
contract price of which is
•operated during the year was 140-23 miles.
stated at about $565,000. There is also being constructed
The business on this line has been satisfactory. It is not another furnace by
the Cumberland Gap Iron Co.
contemplated at present to further extend this road.
An extensive tannery is building by New York parties,
The Board of Directors authorized the building of a branch and other
industries are in process of construction.
from the Cahaba coal fields to the South & North Alabama
The tunnel has been completed through Cumberland Gap,
Eailroad, which has been completed. The building of this
and connections made and business being exchanged with the
branch shortened the distance to all the Gulf points about
Knoxville Cumberland Gap & Louisville Railroad.
This road
forty miles; and as the Cahaba coal is not only a good cokeing
connects with the various roads at Knoxville, Tennessee, and
coal, but a desirable coal for domestic and steam purposes, as
the completion of the tracks of the Marietta & North Georgia
it does not easily disintegrate, there have been increased
shipments to the Gulf points, and it has been exported via Pensa- Railroad to Knoxville, Tennessee, gives another oulet for
Georgia business.
icola to Cuba and other We.st India Islands, and
also to South
Big Stone Gap is sixty miles east of Cumberland Gap.
America; and if the proper water transportation could be
When your line is completed it will connect with the South.
Becured, this business would increase to large
proportions, as Atlantic & Ohio Railroad, which is completed from Bristol to
'•ne demand at the points mentioned
above is greater than the the Gap
I
—
;
—
—
OOTOBEB
:
— —
:
THE
4, 1890.]
CHJiONlCLE.
Tliore are beiag erected two iron furnaces, bolides other
manufactories.
We hare been furnished with the analysis of some of the
coke in the immediate vicinity of Big Stone Gap, which appears to be excellent, and we understand th»t several companies have been formed for its development, and that worlc has
been commenced in the opening up of mines and the building
of coke ovens.
Analysis of coke from the vicinity of Big Stone Gap:
008
Wutor
Volatile uinlter
FUod ciirbon
•
••
•
'HOI
04-010
-SSS
Sulphur
Ash
4'740
lOO'OOO
of road between Big Stone Gao and NorWestern
fton, where connection is made with the Norfolk
Railroad, will be completed by January 1, 1891. The country
contains
road
large
which is traversed by this portion of your
^quantities of coal and iron ore,
TotBl
The eleven miles
Clarksville
&
& Princeton
ing the vear $1,323
«990,.")68 43.
Branch:—There was expended
dur-
There had been previously expended
99.
making the
total cost to
June
30, 1890, $991, 797 41.
ClarksviUe Mineral Railroad :—The Board authorized the
-construction of a road from a point on the Memphis Branch,
a tew miles south of ClarksvUle, Tenn. This road will be
thirty-one miles long and will connect with the Nashville
Chattanooga & St. Louis Railway at or near Pond's Switch.
The mining engineer of the Louisville & Nashville Railroad
who was sent to examine this section of country gives very
favorable reports as to the quality and quantity of iron ores
ia this section. Contracts have been made with the Southern
Iron & Steel Company to transport the ores for their West
Nashville furnaces over this line, and also to rebuild a furnace
4t the present site of the Cumberland furnace; a furnace is
being erected at ClarksviUe, Tenn., and contracts have been
made with the furnace company at this point to supply them
with ores from along this line.
Springfield
rpended on
expended
—
making
$383, -531 47,
June
total cost to
30,
1890,
.f3S4,978 44.
The amount expended on these last three branches during
§1,536,.547 44, and the total cost to June 30, 1890,
amounted to $4,130,688 37.
There has been exNashville Florence & Sheffield Railway
pended during the year $73,000. There has been previously
charged this line $3,556,585 18, making a total cost on June
the vear was
—
This road has been greatly improved within the past year by removing the iron and old
steel rails between Columbia and St. Joe, a distance of about
fifty-seven miles, and replacing them with steel rails. Of the
cost of doing the work §37,166 60 has been charged to operating expenses. There has also been charged to this account
80, 1890, of $3,638,5a5 18.
$16,353 88 for new ties.
The West Point branch has been extended to the Tucker ore
banks, a distance of one and a quarter miles. Contracts have
been made for the buildinar of a branch from Summertown to
the Napier Iron Works, a distance of eleven miles, where the
Napier Iron Company will erect and operate a fifty-ton bUst
furnace and mine the immense deposits of brown hematite
ore located in that district. Work was begun on this line
August 30, 1890, and it will probably be ready for tratfic
March
1,
1891,
STEEL KAILS
At the close of the
were in the tracks
fiscal
30, 1889, there
oflnUru*.
HemphU A Ohio Btorllnf Mnrtirngc Bond*... 93,800,000
Clsrkn. it Loulav. mnrhnK NTirt. Bond*.
3,0t»,e«0
OeoItU nr«nah Ttnt MorticaKi< lionila
831,000
Etbiu. Hanitonoo A NMh. Olr. lat M.Bondii
2,303,000
PenMKOla Dlvlnlou Flmt Mortgage Bund*....
."iHO.OOO
Lebanon-Knoxvllle Branch Bondit
l.rifMMMX)
Boutheait. A Bt. Loal» IMv. liit Hort. Bond*..
il,.'M)0,U<>l)
"
"
"
" 2d
3.IN><),(MK>
Lon.A Kasb. and H. 4c N. Ala. Truit Oeod Bonds
1,1MK>,0(>0
"
"
" Mob.AMont.
2,»177,0<)0
New Orleans dc Mobile Dlv. Plritt Mort Bonds »,<)00,0I)0
"
"
Second
1,000,000
BlX'Per-oent Collateral Trust Bonds—onlled.
Interest ceanod May Ut
204,000
,
Ten-forty Ailjustment Bonds
i,S31,000
Lou. Cln. & Lex. First Mortgage Bonds
2,8.V),O0O
"
"
"
"
"
Second
892.000
"
"
"
"
"
General
„
8,2SH.OOi)
2,180-80 miles.
Pen»noola& Selma
nivlrilon
Bonds
FIve-per-oeiit KIrstMortKaKcTriiHtOolil
First Mortgage j-per cent 50-year Oold
Bonds
Bonds
Total
Total
During the year there were 60-03 miles of track
relaid with
new
steel rails, replacing old steel, at a cost of $85,640 95.
Of this amount $.54,057 75 has been charged to operating
expenses and $31,583 20 to construction account, for difference
in weight caused by replacing lighter rails with 68pound rails.
4-85 miles of old steel rails from main lines were used to
replace old iron rails in branch lines, and 35-13 miles of new
lines, viz.,
Birmingham Mineral
road and Cumberland Valley Branch.
2There are in the track, therefore, on June
Total
Of the new
Rail-
^6,770,060 $3,880385
To leeurt iix per cent Trutt Mortgage—
Lebanon-KnoxTille Branch
L. AN. anil Mob. & .Mont. Trust Deed
Lou. Cln. & Lex. General Mortgage
$1,.500,000
PensacolaA Selma Division First Mortgage
To be deducted from the foregoing total..
8,633,000
S17,9^
958,137,660
93,471,405
Total
laid 41-64 miles is of the
is
74,8 80
Deduct to secure LonlsrIIle * Nashville
and South & North Alabama Trust Deed
Bonds for $1,960,000 Included In foregoing
1,960,000
117,600
Total
956,177,660
93,353,8^
Interim Certificates for tour per cent Unifled Mortgage Bonds, for which Bonds
will be Issued. $3,000,000
& Nashville KB.
120,000
,
Co.
93,473,805
Nashville A Decatur RR. First Mort. Bonds. $2,100,000
Nashville* Decatur UR. Stock
2,240,582
South & North Ala. UR. State Indorsed B'ds
391,000
South & North Ala. RU. Sterling Bonds
4,406,920
South & North Ala. RR. Second Mort. B'ds.
2.000,000
South A North Ala. RR. Consoi. Mort. B'ds.
2,971,000
Loui8\ille Hailw'y Transfer First Mort. B'ds
286,000
Shelby KR. Rent
9147.000
134,224
23,460
272,91*
120,000
148,530
32,880
19,000
Total other companies in the system.... $14,491,502
$883,623
A Nashville RR. debt and interest $56,177,660
14,491,502
$3,473,805
883,628
$70,669,162
$4,357,433
Lonl.«TiUe
Other compauies in the system
Total
Deduct
—
Interest on L. & N. RR. Bonds
Rent Cecilia Branch
Rent Richmond Branch
in treasury
$44,910
00,000
24.000
'.
128,910
Total
C8(i>na(e<? interest
charges for 1890-91
$4,228,923
PAYMENTS ON ACCOUNT OF SINKING FUNDS,
1890-91
Mem.ClarksT. A LouiSTille Sterling. August 1. 1890, $36,580
"
"
"
"
.Feb. 1, 1891.
12,280
Pensacola Division
Sept. 1 1890,
5,000
20,000
TL. A N. and 8. & N. Ala. Trust Deed. Oct. 1, 1890.
20,000
Evans. Heud. A Nashville Division.. Dec. 1, 1890,
Jan. 1, 1891,
50,000
Lou. Cin. A Lex. First Mortgage
'"
"
10,000
Second Mortgage.. Jan. 1, 1891,
,
March 1, 1891,
June 1. 1891,
General Mortgage
Alabama Sterling. .. .Nov.
A North
"
"
Nashville
"
"
"
"
A Decatur RaUroad
1,
25,000
190,178 _
$369,038
25,140
53.460
25,140
19,000
122,740
1890,
....Dec. 1, 1890,
....May
1, 1891,
April 1, 1891,
$491,778
of the 68-pound pattern.
fiscal
:
Prinrinat of
Debt.
CoDsolidatiil MortRaKO Bonds
City of Lim.sville, liebanon-Knoxrille Bonds.
tteneral Mortgage Bouda
Amoiii}!
of Inlerist.
$7,070,000
$4!)4,!)(M)
3.13,000
lO.dso
701,100
11,811,000
ETC., 1890-91.
Lease of the Georgia SS. teith the Central BR. Co. of Georgia$600,000
Total yearly rental under lease
Louisville A Nashville RR. Co. liability for half rental. ... 300,000
By reference to the General Results statement it wiU be
seen that the loss on this liability for the past fifteen months
amounted to $90,338 83.
$180,000
Pensacola A Atlantic guaranteed interest
Southern Division, Cumberland A Ohio Railroad, guaranteed
21,00O
interest
Nashville Florence
teed interest
A
Sheffield
RaUway, 1,920 Bonds, guaran•
^^
96,000
&
Louisville Railtrustees of the Memphis ClarksviUe
road Company First Mortgage hold the following bonds for
583^-pound pat-
INTEREST CHARGES FOR 1890-91.
The interest charges against Income Account for the
year 1890-91 are estimated as follows
GUARANTEES FOE OUTSIDE COMPANIES,
Joitit
The
2.216-20 miles.
steel
«90,00O
160,639
192,480
2,677.000
3,208.000
1,248,000
BONDS IN SINKING FUNDS.
2,037-40
178-80
rails
tern and 53-53 miles
74,890
S4«,00O
88.300
1,704,000
DEDUCT BO.VD9 INCLI7DED IN FOREOOIlfO
DEPOSITED WITH TRUSTEE,
30, 1890
eel rjils
Iron
fl'^,440
19.'),4^()
-27
11-69
2,-21 6-20 miles.
new
371,H«({
190,lV)O
Total
23-44
35-40 miles.
steel rails laid in
34i400
00,000
310,004
90,000
IIT.OOO
100,030
800,000
60,000
1.249.(K>U
4,»20,0<K»
There have been added during the year on new tracks
Birmingham Mineral Railroad, steel
Birmingham Mineral Railroad, iron
Camberland Valley Branch, steel
93MJMA
Mem.
South
"
"
1,997-42
183-38
IionraUs
AmnutU
Principfiio/
............^
Cecilia Branch....
year ended June
Steel rails
4ftl
Oarrtetl forward
Total Louisville
During the year there has been exbranch §1,458 97. There bad been previously
Branch
tliis
:
.
the Sinking Fund:
56 Lou. ANash. Fiv6-i>er-cent Trust Bonds, .-fl. 000 each
*?§'^22
JS.OW
18 Lou. A Nash. General MortwiKO Bomls. #1.0lH) lai-h. .......
11 Pensjcola & Atlantic First Mortgage Bonds. fl.OOO each.. ll.OOO
Branch
City
TriK>y
Mortgage
14 Nash. Chatta. A St. Louis First
••;.•• J,,-JS2
Bonds. *l,0O0 each
.-••i-.--.;;,-.-30 Nash. Chatta. A St. L. Bon Air Line Bonds. $1,000 e«-h^^ 3O,00O
93 Nash. Florence A Sheffield First Mortgage Bonds, $1,000
»o,uw#
Cfieh
;i"**
18 South A Nortli Alabama Flve-perxent Consolidated Mortis.ooo
gage Bonds, $1,000 each
^^
Total,
rJ*0.000
THE CHRONICLR
462
[Vol.
LL
During the year ended June 30, 1889, there were added to
The trustees of the South & North Alabama Railroad Combmk- the equipment (including that purchased and built for the
pany Sterling Mortgage hold the following bondi for the
Birmingham Mineral, Owensboro & Nashville, and Nashville
ing Fund:
Florence & Sheffield) one thousand seven hundred and sixtyeach $28,000
28 South & North Ala. Sterling MortzageBonda, $1,000
seven new cars and fifteen locomotives. There have been
l«0,uOO
each.
..
*1.000
Bonds,
180 Lou. & Nash. Five-pcr-cent Trust
5,000 added on the same lines during the past year two thousand
5 LOU. & Nash. Pons. biv. First Mortgage Biinds. *1,000 each
4o,000
45 LOU. & Naah. General. MortKage Bonds, 1,000 each ... 180,000 and eighty-seven cars and thirty-one locomotives, making for
the two years three thousand eight hundred and fifty-four
186 Pensacola & AUantic J'irst Mortgage Bonds, $1,000 each.
. .
if
**^*'«"<>
Total.
The Nashville & Decatur RR. Co. hold for it3 First Mortgage Sinking Fund the following bonds:
¥200,000
200 Nashville & Deeatur First Mortgage Bonds, %\-000ea^h.
91 ,000
each.
91 Lou. & Nash. Pens. Div. First M^rWafepj^s, $1,000each..
39 Nash. Chatta. & St. L. Seven per cent B'ds, $1,000
70 Tennes.'see Three per cent Bonds.
39,000
.$1,000 each
^Vnr^
i."""
2 Nashville Corporation Bonds, $500 each
3 NashviUe Corporation Bonds, $300 each ............ ... ..
29 South & North Alabama Five per cent Consolidated Mortgage Bonds, $1,000 each
.
»w
.
29, oou
$-t30.900
Total
The trustees of the Louisville & Nashville and South & North
Alabama Trust Deed hold the following bonds for the Sinking
Fund:
44 Lou. & Nash. Five per cent Trust Bonds, .*1 ,000 each.
20 Lou. & Nash, and 8. & N. Ala. Trust Deed B'ds, $ 1 ,000 each.
. . .
$14,000
20.000
$61.000
Total
EQUIPMENT.
At the close of the fiscal year ended June 30, 1889, the
equipment consisted of twelve thousand five hundred and
forty-five cars of all kinds (one car found after inventory was
taken last year) and fbiir' hundred "and twenty-eight
locomotives, all of which have been fully maintained in
efficient condition at a cost of §3,000,812 79, which h,i3 been
charged to operating exoenses; The expenditures last year
on this account were §1,587,573 80, showing an increase this
year of §413,238 99.
Ihere have been built in the various shops of the Company,
and bought, and charged to operating expenses, five hundred
and seventy-two new cars, consisting of three passenger
coaches, thirty-one cabooses, one hundred and ten box cars,
one refrigerator car, nineteen stock cars, eight fruit cars, one
hundred and ninety-one flat cars, one oil car, fourteen
gondolas (eight wheels), one hundred and eleven drop-bottom
cars, seventy-six double hopper cars, and seven maintenance
of
way
cars.
There were buUt in the shops and charged to construction
account two baggage cars and one rack postal car; and (here
were bought two passenger cars, five hundred and fifty box
cars, two hundred fruit cars, five hundred refrigerator cars, five
hundred drop-bottom gondolas, and one hopper car, making a
total of one thousand seven hundred and fifty -six cars charged
to that account.
This
makes the equipment
as of
June
30, 1890, as follows:
vCar equipment June 30, 1889
Charged to operating expenses during the year
Charged to construction account during the year.
12,545
572
1,756-
.
14,873
From this is to be deducted:
Cars destroyed during the year
Sold and transferred to otherroads
578
11
589
Leaving balance on hand on July
1,
1890
i
14,284
At the close of the fiscal year ended June 30, 1889, the equipment of the Birmingham Mineral Railroad consisted of one
thousand two hundred and eighty cars of all kinds. There were
built in the Company's shops eighteen single hoppers, making
a total of one thousand two hundred and ninety-eight cars,
from which has to be deducted four box cars, three double
hoppers, two single hoppers, and two gondola drop-bottom
cars destroyed, leaving on hand July 1, 1890, one thousand two
hundred and eighty-seven
cars.
At the close of the fiscal year ended June 30, 1890, the equip,
ment of the Owensboro & Nasliville Railway consisted of three
hundred And four cars of all kinds, from which has to be deducted one gondola drop-bottom car and four gondola eightwheel cars, leaving on hand July 1, 1890, two hundred and
ninety-nine cars.
At the close of the fiscal year ended June 30, 1889, the equipment of the Nashville Florence & Sheffield Railway consisted
of four hundred and eighty-four cars of all kinds. There were
company's shops four box cars, one flat car, seven
built in the
gondola drop-bottom cars, two double hopper cars, making a
total of four hundred and ninety-eight cars, from which has
to be deducted three box cars, one fiat car and four double
hopper cars destroyed, leaving on hand June 30, 1890, four
hundred and ninety
cars.
At the close of the fiscal year ended June 30, 1889, the company owned four hundred and twenty-eight locomotives.
cars and forty-six locomotives. Notwithstanding this very
large addition of over thirty per cent in the car equipment in
the past two years, the company has been unable to supply
the demand, for cars. 'The motive power has been taxed to its
utmost capacity in order to do the business. The company
has contracted for five passenger, fifteen consolidation, and
five switching engines, and for two hundred double-hopper
coal cars. Your attention is called below to the table showing
the excess of mileage paid on foreign cars for the last five
years.
It would be economy for the company to increase its equipment; and, in view of the fact that over two hundred miles of
new road will be added to the system during the year, viz.,
seventy miles from Cumberland Gap to Norton, one hundred
and twenty-nine miles of the Alabama Mineral Railroad, running from Calera through Shelby, Anniston and Attalla, and
the thirty -one miles of the Clarksville Mineral Railroad, it will
be necessary to make a further expenditure on this account.
The company has paid for excess of mileage on foreign cars
during the past five years as follows:
$22,868 33
172.000 00
169.545 04
1885-86
1886-87
1887-88
1888-89
1889-90
11:1.107
134, 180
26
OO
PASSENGER TRAFFIC.
The whole number of passengers carried was
5,193,630, aa
increase over the number carried last year of 859,455, equal
to 19'83 per cent.
The average fare received per passenger was 87 cents,
against 90 cents last year, a decrease of 3'33 per cent.
The aggregate number carried one mile was 191,679,111,
against 167,067,523 in the previous year, an increase equal to
14'73 per cent.
The number of passenger train miles was 4,380,300, against;
4,063,003, being an increase of 7-81 per cent compared with
The net earnings per train mile were 44-951 cents,
last year.
against 38'682 cents in the previous year, an increase of 16'31
per cent. The average number carried in each passenger car
was 11-73, against 10-90 in the previous year— an increase of
7-61 per ceut.
The average number of passengers carried in each train wa»
43-23, against 8935 in the previous year, an increase of 7-33
per cent.
The average number carrisd in each passenger car was
previous year, an increase of 7-61 p. c.
The average distance traveled by each passenger was 36-10
miles, against 37-80 in the previous year, and the average rat»
per mile received from each passenger was 3-42 cents, against
3-^ cents in the preceding year.
11-73, against 10-90 in
FREIGHT TRAFFIC,
The earnings derived from the freight traffic for the year
show an increase of $1,480,373, the figures being 112,307,199 55
gross freight earnings, as^ainst $10,876,837 earned in the previous year, an increase of 1315 per cent.
The tonnage carried was 16,695.477 tons, against 14,448,985
tons carried the previous year, an increase of 3,251,494 tons, or
15-59 per cent.
The average rate received per ton was 73-73 cents, against75-30 cents the previous year, a decrease of 2-08 per cent.
The number of tons moved one mile was 1,250,836,794,
against 1,077,221,842 in the previous year, an increase of
178,614,953, or 16-12 per cent, and the average rate received
per ton per mile was -984 of a cent, against 1 cent in the previous year, a decrease of 1-60 per cent.
The number of freight train miles was 7,825,190, against
6,856,869 in the previous year, an increase of 14-12 per cent.
The net earnings per train mile were 59855 cents, against
56-845 cents in the previous year, an increase of 4-41 per cent.
The number of mixed train miles was 831,882, against 345,263 in the previous year, a decrease of 4-03 per cent.
The average number of cars hauled in each train was 18-83,
against 18-53 in the previous year, a decrease of 108 per cent.
The average number of tons carried in each train was 164-77,
against 159-73 the previous year, an increase of 3-16 per cent.
The average number of tons in each loaded car was 13-57,
against 12-09 in the previous year, an increase of 3-97 per cent.
The average number of miles that each ton was carried was
-55
75 miles, against 74-60 in the previous year, an increase of
per cent.
IMPROVEMENT OF BRIDGES, TRACKS, ETC.
During the past year the Company expended, over and above
the value of the old bridges, $204,051 92 an increased expendi;
There were purchased during the year thirty locomotives, and ture over the previous year of $109,019 41.
two were built in the company's shops, making in all thirtyThere was expended for ballast $215,398 32, being $10,651 63
two locomotives, three of which were charged to operatin ; more than was spent during the preceding year.
expenses and twenty-nine to construction account. Three of
The increased business necessitated the lengthening and
the old engines were condemned and taken to pieces, leaving building of new side tracks. The expenditure during the year
on hand July 1, 1890, four hundi-ed and fifty-seven locomo- for this purpose amounted to $67,549 54, being a decrease of
tives, being an inerease for the year of twenty-nine.
In addi- $85,295 17 from last year.
^on to the foregoing, two locomotives were purchased for the
There was expended for real estate $50,270 10, nearly all 9l
Birmingham Mineral Railroad. ..^..^
which is to increase terminal facilities at various points
.
.
OCTOBBU
1,
THE'CIIRONICLR^
1890. J
OENEUAL
IMI'IIOVKMKNTH.
on the new passenger depot on
Broadway, between Tenth and Eleventh streets, in Louisville,
Work
has progressed
to the extent of |89,862 13, raakinK total oxpendituro to date
of $122, inr) 68, and leaving still to be expended $214,280.
The Company has recently purchased forty-flvi) acres of
ground
in
South
that alrea'ly
Ijouisville at
a cost of $43,980, wliich, with
ownod by your Company,
will p^ive
ample room
for enlnrfjinK the yard by constructing additional tracks which
will be used for the purpose of making up through freight
trains, lioth for the North and for the South. These trains are
now made up in the f reif^ht yards at Tenth Street and Market
Street, in the city of Louisville, and also in the freight yards
nt East I^uisville. When these improvements are completed
they will give great relief to the crowded condition of these
yards, tlnTeby adding largely to the terminal facilities in the
city of Loiiisville.
There has been expended on the new shops at Decatur, including michinery, $:U,60") 73, m«kin(j $346,178 80 expended
to date. These shops have been in active operation, and have
also the shops at Howells, Indiana, on
been doing well
which $312,931 54 has thus far been expended.
;
DOUBLE TRACK8.
The double tracks authorized by the Board, viz., from LouisAnchorage. Louisville to Shepherdsville, Edgefleld
Junction to Nashville, Oxmoor to Birmingham, and also from
Birmingham to Boyle's Station, in all about forty-eight miles,
are all nenrlj' completed. There has been some delay in this
ville to
•work, principally in the delivery of ballast, as it was deemed
best that before these lines should be put in active operation
they should be fully ballasted. When these lines are completed and turned over to tlie Operating Department, the
handling of the business of the Company will be greatly
facilitated.
The Board has also authorized the construction of a double
track from South Louisville to East Louisville, a distance of
about three miles, and they have also authorized the construction of a double track from Shepherdsville to Lebanon Junction, a distance of twelve miles, and work on the same is
progressing satisfactorily, and when completed they will
afford great relief and increase the facilities for moving trains
without the delay that is occasioned at present.
GENERAL KEMABKS.
company
in rviTV iimv ik;iiirgs
iiumlicr of till- IidihIm hi-ri'tof. m
'!" unit
ten yeiirM, and thi'ir ri'i.HHiKi won
irdifflcullies.
As a morn compreliuniiive and pi
I'Um, it
was therefore deeuiod best to make a new
rt«ag*
for $75,000,000 of llfty-year four-por-ccnt gold Uiud*. which
will retire the above-mentioned nrlor issue* and which will
provide the means for future reiiuircments, thereby, in a largs
measure, avoiding thu dink-idties and the unneoesaaryexpeaw
arising from the frequent issue of bonds under Mqies not yak
favorably known to the public. Of the $75,000,000 created br
this mortgage, of which $3,000,000 have been sold, $11,617,00
are to be issued to retire prior issues, leaving $88,082,340 to be
expended for the various purposes provided for in the mortgage, such as extensions, a<:()ui3ilion of other roads, bridges,
double track, equipment, terminal facilities, etc.
All property as acquired»will become subject to the lien of
this mortgage.
The credit of the company is deservedly improving, and as will be seen by the following statement the
marketing of the new bonds will effect a large saving in in-
capital stock of
your company
now amounts
Of the $41,917,660 prior issues, $1,764,000 bear 5 per cent, or
$88,200 interest charge per year; $25,8 4 1,660 bear 6 per cent. or
$1,550,499 60 interest charge per year, and $14,313,000 bear 7
per cent, or $1,001,840 interest charge per year, making a total
fixed charge of $2,640,539 60; but when the unified fifty year
four-per-cent gold bonds are issued for these bonds the fixed
charges will only be $1,676,706 40 per annum, a' reduction of
$968,883 20 per annum.
On July 1, 1890, there were 308 Louisville
Nashville six
Ser cent collateral trust bonds outstanding, and since that
ate 155 have been redeemed, leaving at this date only 53
bonds outstanding. The company has paid to the trustees tlie
sum of $58,830 to redeem these bonds when presented, and
they have in consequence released the mortgage and have
turned over to the Central Trust Company, trustee of this
Company's Ten-forty Adjustment Mortgage, all the securities
whicn they held, and on which the Ten-forty mortgage was a
&
second
The
lien,
crease the capital stock by $13,000,000, and the President and
directors were authorized to offer the same to the stockholders
of the company in proportion to their holdings at such time
and at such price as they should deem best for the interests of
the company.
Authority was also given for the proceeds of the sale of such
increased stock to be applied to the retirement of the $10,000,OOO Louisville & Nashville Railroad Company six per cent
Collateral Trust Bonds, and to the retirement of such other interest-bearing obligations of the company as the directors
might approve.
Under this authority the $13,000,000 of increased stock was
offered to the stockholders on January 38, 1890, at 85, of which
they took 127,690 04 shares, and the balance of 3,309 96 shares
was taken by a syndicate who agreed to take aU the stock not
taken by the stockholders the net proceeds amounted to
—
§11,050,000
In accordance with the provision of the six-per-cent Collateral Trust Bond of this Company, the entire issue of $10,000,000 was called in for redemption on May 1, 1890, on wliich
date the interest ceased. Six hundred and fifty-eight of these
bonds had been redeemed by the Sinking Fund, leaving 9,343
to be redeemed, which, at 110, amounts to $10,376,300. Four
hundred and sixty-nine Louisville
Nashville 10-40 Adjustment Bonds were purchased at 103}^, which amounted to
§480,725, and the balance of $393,075 went towards paying
the expense connected with the issuing of the stock and retiring the bonds.
Up to June 30, 1890, 9,134 out of the total of 9,342 outstanding of the six-per-cent Collateral Trust Bonds had been presented, and these bonds, together with the 469 Louisville
Nashville 10-40 Adjustment Bonds have been canceled and
turned over to the Trustees.
By the redemption of these six-per-cent Tnist Bonds, and
the 469 10-40 Adjustment Bonds, the fixeo charges are decreased .5628,140 per annum, and the sinking fund payments
by $100,000, the one-per-cent annual Sinking Fund'which
had to be made in accordance with the terms of the Trust
&
but
securities
now becomes a first lien.
mentioned are as follows:
BO!n>S.
& X. Lebanon-Knox. Branch Bonds. $1 .OOOeach.
1,248 L. & N. Pcns.icola & Selma I)lv. n<ln(^s.^?l, 000 each
1,000 Pensacola * Atlantic BR. Co. Bondii,:^: 1,000 each..
2,677 L. & N. Mobile & Mout. Div. Bonds, .'S1,000 each. ..
N. Lou. Cln. A Lex. B'y Co Bonda, $1,000 each
3,208 L.
1,.')00 L.
<fe
$9,633,000
15,000
lo.OOO
29,397
33,850
•10,000
2,500
]
o,.500
7,400
20,000
1,850
9,800
Shares
Shares
Shares
Shares
Shares
Shares
Shares
Shares
Shares
Shares
Shares
Lou. Cln. & l,ex. R'y Co. pref., $100 each. .. $1,500,003
Lou. Cin. <& Lex. B'y Co. common $1(>0 each
I.OOO.OoO
Mobile & Moutsromery B'y Co., $100 each..
2.939,700
Nash. Chat. & St. Louis B'y Co.. .flOO each3.385,000
N. O. Mob. &Tex.RB.Co..as reor)?...flOOeach
4,000,000
OwensDoro & Nashville R'v Co.. *100 each.
2.50.000
Pcnsacola & Atlantic RR. Co., $100 each...
1,550,000
Pontch.irtrain Railroad Co., $100 each
740.000
S. & N. Ala. RR. Co., preferred, $100 each..
2,000,000
8. &N. Ala. RB. Co., common, $100 each..
185.0OO
Southeast & St. Louis R'y Co., $100 each...
990,000
$18,529,700
Total
$28,162,7()0
,
Part of the above securities are included in the following
list of stocks and bonds which are held by the Central Trust
Company for the security of this company s Unified 50-year 4per-cent Gold Mortgage.
Shares.
15.000
9.850
29,397
33,850
39,850
2,500
20,000
1.850
9,800
Louisv. Cincinnati
Lo'iisv. Cincinnati
& Lex. pref.
&
stock..
Lex. com. stock.
MoWle & Montsomery By. Co.
stock.
Nash v. Chattanooga & St. L. By. stock.
N.O. Mob. & Tex. RR. as reorganized.
Oweusboro & Nashville Ry. Co. stock.
South & North Ala. BE. Co. pref. stock.
South & North Ala. BB. Co. com. stock.
Southeast & St. LoiUs By. Co. stock. .
.
it has been the custom of the Company to issue
and branch bonds for each extension or branch
built.
In many cases the bond issues on such extensions or
branches were too small in amount for public introduction,
and therefore could obtain no quotation in the markets either
here or in Europe which (leal in the securities of the
Company; and in any event, even where the amount
was sufficient for public issue, a new market had
to
be created for every new kind of bond as issued, which obviously was greatly to the disadvantage of the
Heretofore
divisional
$1,500,000
98.5,000
2,939,700
3,38.5,000
3,985,000
250.000
2,000.000
185,000
980,000
Subject to lien of Ten-forty A(Uust. M'g
$16,209,700
Sharei.
7,624 Owcnsboro & Nash. Bailway Co. stock.
19.720 Birniinstharo Mineral Railroad stock..
.1,650 Nashv. I'lnrcuce & Sh. Raihv'y stock..
9,424 Sontli ifc North .Via. RR. common
5.010 Henderson Bridse Co. stock
2.850 Pensacdla Ralln.ad Co. stock
1 .000 Louisville Railway Transfer Co. stock.
13,690 Alabama Mineral RaUroad Co stock...
&
Bond.
$1,500,000
l,24S,00O
1,000,000
2,677,000
3,208,000
STOCKS.
to $48,000,-
At the last annual meeting of the stockholders of yonr
company, held October 3, 1889, authority was given to in-
I
terest.
.
000.
'
i
During the year your company declared two stock dividends, viz; 3 per cent, payable February 6, 1890, and 1'90 per
cent, payable August 4, 1890, and a cash dividend of I'lO per
cent, payable August 4, 1890.
The
f.4«»
$713,400
1,972,600
565,000
942,400
501,000
28.5.0<X»
1 00,000
1,309,000
$6,444,400
16 Ala. Mineral RR. Co. First
Moit.ISond».$100,OOOcach. $1,600,000
80 Ala. Stincral RB. Co First
Mort. Bonds, $1 ,000 each .
.
60,000
1,650,000
Subject to no prior lien
Grand total
8,094,400
$24,304,100
While it has not been found practicable to place the I'en^
the unified mortgage directly upon all of the roads controlled
by the Comvianv and largely adding to its prosperity, the deix)sit with the Trustee of the above securities, by which such
((mtrol is really exercised, not only forms such a lien for the
benefit of the unified mortgage, but it also prevents the poesibility of any future dismemterment of the system.
By order of the Board of Directors.
EX. NORTON,
jPreside^tm
"
..
THE CHRONICLE.
464
[Vol. LI.
HiJes
COTTON.
^ommtxcml "ghms.
COMMERCIAL EPITOME.
*glxz
The
gress,
Friday, P. M.. October 3, 1890.
as indicat«d by our telegrams
from the South to-night, is given below. For the week ending
this evening the total receipts have reached 246,938 bales,
against 211,523 bales last week and 171,708 bales the previoua
week, makmg the total receipts since the 1st of Sept., 1890,
The Movement of the Crop,
Friday Night, Oct. 3, 1890.
on imports passed both Houses of Conwas approved by President Harrison, and is now a law.
revised tariff
This event, so long anticipated, has as yet but httle influence
833,396 bales, against 718,173' bales for the same period of
1889, showing an increase since Sept. 1, 1890, of 115,223 bales.
at—
Sectipts
•upon values, and some time must elapse before its full effects
can be accurately determined. Business is, therefore, quiet
Speculative action in leading staples has
for the moment.
not been brisk.
The following is a statement of stogks of leading articles of
Mobile
Florida
merchandise at dates given:
Savannah
Sat.
Tues.
i!fo».
Pork
Lard
Tobacco, domeatlo
Tobacco, foreign
Coffee, Bio
Coffee, other
Coffee, Java, i&c
Sugar
Melado..
tc8.
60,16.5
hhds.
25,607
45,540
152,159
49,179
50,000
bags.
bags.
blids.
923
boxes.
bags, &c.
Uids.
None.
215,223
None.
197
5,000
391,200
17,666
23,434
lilids.
bbls.
No.
Hides
Cotton
Bosln
bales.
bbls.
bbls.
bbls.
tolilts turpentine
lar
bags.
pigsbags.
bags.
Klce, E. I
Kloe, domestic
Unseed
Baltpetre
Jute butts
bales.
bales.
bales.
sacks.
Manila bemp
hemp
Flour
bbls.
Oct. 1.
8,130
mats.
Molasses, foreign
Molasses, domestic
BiBal
1889.
bWs.
bales.
Bngar
Sugar...
1890.
Oci. 1.
and
5,207
14,133
34,246
44,528
213,015
15,03s
42,70C
4,278
None.
385,575
12,373
49,938
25,861
41,643
171,109
45.470
66,282
None.
None.
213,476
None.
125
418
4,281
4,100
3,500
378.600
32.108
20,791
1,757
1,787
581,900
36,067
20,019
1,234
900
822
600
17,050
2,240
None.
10,250
96,000
6,707
8,900
98,570
22,500
1,600
None.
48,000
2,500
None.
6.000
116.000
Non*.
6,l4y
109.025
16.'i00
103,000
6,707
10,100
146,875
Lard on the spot advanced early in
dull and drooping, closing nearly nominal at
6(g6'05c. for prime city, 6-42}>^'a6'45c. for prime Western and
6'40@6-90c. for refined to the Continent. The speculation in
lard futures was without feature until Wednesday, when
there was an active business and a smart advance, based on
movement was not supported, and the market to-day was dull and weak.
DAILY OLOSma PRICES OF LAKD FimjBES.
Sat.
Man.
Tues.
Wed.
Thur
Fri.
6-24
6-28
6-35
6-43
6-45
o.
October delivery.;
6'46
6-37
6-45
6-54
6-51
641
delivery.
...c.
ember
No\
the small stocks at Cliicago; but the
December delivery
January delivery
March delivery...
Other provisions
c.
c.
618
651
6-o8
6-71
G97
c.
show
6-57
6-76
little
668
6-83
7-02
6'63
6-77
6-95
6-57
6-74
6-91
December
17'30o.
I
I
March
16-65o.
16-16c.
15-95c.
I
I
15-SOc
.April
May
15-70c.
June
15-40c
Raw
sugars are easier at o3gC. for fair refining muscovado
and 5 15-16c. for centrifugal, 96 degrees test, with rather
more doing at the concession. The sales included 1,000 tons
of Demarara centrifugal at the above figure and 63,448
mats Iloilo at i^s^. flat. Refined sugars steady; standard
cut 7 l-16c. and granulated 6;'8'c.
The tea sale on Wednesday covered an increased offering and prices were lower.
Kentucky tobacco has met with a fair demand, and sales for
the week are 300 hhds. Prices are steady at 2J^c. to 5c. for
lugs and .5c. to 13c. for leaf seed. Leaf has been quieter since
the passage of the new tariff bill. Sales for the week are
8,250 cases, as follows: 700 cases, 1889 crop, Pennsylvania seed
leaf, 9c. to 13c.; 400 cases, 1888 crop, do., lOJ^c. to 12J^c.; 200
cases, 1889 crop, Pennsylvania Havana, 12c. to 14c. 350 cases,
1889 crop, State Havana, 12c. to 14c. 200 cases, 1889 crop,'
New England Havana, 16c. to 26c. 150 cases, 1889 crop'
Ohio, 714c. to 8c. and 250 cases Sundries, 6c. to 2.5c.; also 1.000
bales Havana, 65c. to §1 15, and 1,500 bales Sumatra, $1 40 to
;
:
;
$3 75,
On
the Metal Exchange Straits tin has declined, selling toat 22-50C. for December and quoted at 23-80c. on the spot
Ingot copper is entirely nominal. Domestic lead has advanced^
but closes dull at 5-70c. Domestic spelter is nominal at 5'Toc.
The interior iron markets are dull and weak.
Refined petroleum is quoted at 7-40c. in bbls. and 9-50c in
cases; crude in bbls. 7-25c. naphtha, 7-40c.; crude certificates
80(a80i:j'c. perbbl. Rosinisquiet at
§l-37i.<@Sl-45forcomnioii
to good strained. Spirits turpentine is in but moderate
supdIv
-andljrmat40(g40>£c. Wool and lops firm.
day
;
546
5,379
1,227
6,606
5«861
2,232
5,305
8,837
921
40
7,847
3,771
4,236
3,467
4,321
2,523
8
4,953
2,321
963
1,819
4,783
5,517
613
433
5,330 12,345 15,346
1,527 2,911
3,606
Orleans...
49
192
6,912 14,421
Charleston
Port Royal,&c
4,451 10,136
Wilmington
1,955
1,748
Wa8ii'gton,&c
Norfolk
3,850
West Point...
850
4,478
1,422
N'wp'tN'8,&c.
Boston
Baltimore
327
13
53
136
52,759
10,738
232
49,928
8,828
29,147
35
25
1,910
13
3,127
1,138
10,918
21
26,714
6,782
454
80;
New York
14
Plilladelph'a,<!£C
51
16
398
253
,
534
327
183
447
701
36
59
50
Totals this week 33,423 60,303 52.032 30.127! 33,067 37.966 246,938=
For comparison we give the following table showing the
week's total receipts, the total since September 1, 1890, and
the stock to-night, compared with last year.
1890.
Reeeipls to
Week.
Galveston
El Paso.&c.
48,518
NwptN.,&c
..
Boston
Baltimore.
PUI'del'a,
..
&c
1890.
189,962
431
151,096
36,419
43,104
114
67,684
13,518
1,
136
52,750
Mobile
10,738
Florida
232
..
Savannah. .. 49,923
Brun8.,&c.
8,828
Charleston .. 29,147
P. Royal,&c
25
Wilmington
10,918
Wash'tn,&c
21
Norfolk
26,714
West Point.
6,782
New York.
1889.
This
Week.
Since Sep,
Tills
October 3.
Totals
Sloek.
Since Sep.
1,
1890.
1889.
160,921
1889.
53,857]
44,860
168,266
39,871
52,702
11,110
75,7987,793
60.313
67,558
59,779
27,894
21,846
13,057
24,182
10,802-
392
818
182,120
15,989
98,544
25
49,057
52,284
13,343
19,056
6
7,831
177,061
17,640
69,509
21
19,309
44
27
41
74.911
30,154
13,882
13,010
28.832
33,874
534
327
183
447
1,529
329
142
1.091
37,544
5,000
3,268
2,387
44,120
4,000
701
82
731
231
910
142
133
749
502
833,396 !45,374!
713,173
330,993
300,048
494
205
507
246,938,
200.
at—
.
2,448
1,512.;
In order that comparison may be made with other years,
give below tlie totals at leading ports for six seasons.
-
we
-
1890.
1889.
1888.
1837.
1886.
1885.
43,218
67,634
13,518
52,284
19,063
7,358
13,832
13,339
14,529
29,921
45,653
8,746
43,863
23,937
6,932
18,836
8,917
3,753
35,155
60,998
8,911
62,396
25,084
10,574
21,147
24,039
2,851
31,0i0
43.819
5,304
47,224
30,28S
12,617
14,494
5,300
4,001
34,746:
41,109
6,604
Wilm'gt'n.Ac
Norfolk
W't Point, Ac
AI' others
48,654
52,759
10,733
49,928
29,172
10,939
26,714
7,316
10,718
Tot. this week
246,938
215,374
190,563
251,186
197,166
192,107'
Since Sept. 1
833,396
718,173
493,499
905,932
586,191
627,235
Receipts
Galv'ston.Jtc
Wew Orleans
Mobile
Savaunah.
..
Charl'st'n,&c
October
Novem'jcr
48,518
6,240
6,352
87
8,119
8,373
change, but tallow has declined
to 6c.
Coffee on the spot is firmer at 18Jg@19c. for No. 7, and
there is a better business doing, though mild grades are
rather quiet. The speculation in Rio options has, within a
day or two taken a decidedly stronger turn, on a demand to
cover contracts, stimulated by stronger European advices
and the brisker spot market: but there was free realizing in
the last hour, closing barely steady, with sellers as follows:
18'15o. January
17 55c. February
Toua.
5,345
New
the week, but yesterday New Orleans.
and to-day was
Fri.
7,457
8,489 12,502
Brunsw'k, &c.
1890.
Sept. 1.
Wed. ]Thurs.
Galveston
El Paso, &c...
I
40,969.'
26,423
6,728'
22,478
9,414
3,636
-
.
.
.
•
.
for the week ending this evening reach a totaH
of 163,976 bales, of which 98,072 were to Great Britain, 18,982^
to France and 46,972 to the rest of the Continent.
Below are
the exports for the week, and since September 1, 1890.
The exports
Week
From
3.
Sept.
1.
1800, to Oct .3,1800
Exported to—
Great
Brtat
Contt. Total
BriVn. France nent. Week. Britain. France
^from—
Galveston
New
Endirtfi Oct
Exported to—
Exports
Orleans..
25.122
37,180
4(801
0,820
13,003
1.130
Continent.
Total.
30,036
81,939
83,580
1,891
0,620
75,999
13,663
11,955
ioi,air
29,719
10,128
13,708
23,251
10,128
11,915
18,881
29,059
11,213
ei.Mt
13.850
28,50S.
78,08r-
Mobile
Savannah
Brunswick
....
—
Charleston
Wilmington...
Norfolk
West
8,203
10,128
5,908
21,518
9,800
5,291
5.281
Point....
10,1287,083
25,3U
2«,05»
u.eiw
11.892
N'portNws, &c
New York
1,3S8
3,192
8.206
53,911
Boston
Baltimore
75«
13
799
6,2S1
000
1,351
1,951
2,181
650
2.311
72,O0S
6,iao
6,118
376
875
17,211
138
Phlladelp'a,&c
Total
Total, 1889.
.
.
98,072
18,032
10,972 163,970
309,837
20,082
103.185
133,1M
89.928
47,630
14.011 tsi.eos
233.111
68,157
90,153
3»2,0£1
8
.
October
:
THE CHRONICLE.
4, 18»0.J
In addition to above exports, our telefptims to-ni^ht alao
give U3 the following amounts of cotton on sliiplxmrd, not
cloarud, at the ports named.
add similar figures for
New York, wliich are preimred for our special use by Messrs,
Carey, Yalo & Lambert, 24 Beaver Street.
We
On
OeL
Ortat
I
Britain.
Now Orleans...
France.
Other
Coast-
Foreiffn
wilt.
Total.
12,518
None.
3,800
4,200
318
None.
28,393
5,000
17,100
15,200
34,374
19,000
11.500
16,000
27,300
0,110
41.070
45,118
19,483
5,182
20,044
10,501
6,921
850
500
None.
None.
2,000
S.OOO
None.
None.
Total 1890...
89,697
7,321
27.0C8
19,481
143,567
197,426
Total 1889...
Total 1888...
67,645
42,891
9,372
16.092
18,117
17.467
18,890
21,086
114,024
97,830
186,024
223,805
(ialvestoii
Norfolk
New York
Other ports
by th*
Stock.
1,500
4,000
8,003
.. ..
U« ihOWQ
Shipboard, not eUartd—for
6,630
S,000
12.500
6,100
25,401
14,000
9,000
11.000
V.iblic
CharlpHtou
Sjivaunuh
Tra 8ALB8 AND PbIORS Of FUTTOBI
foUowtng compreheMJve table;
Ltavlna
al—
S,
466
None.
000
300
None.
None.
6,000
Tlie si)ociilation in cotton for future delivery at this market
turned mainly on weather reports during the flrat half of the
week under review. Continued rains, more or leas copious, in
various i)arts of the South, were supplemented by reports of
damage from this cause and from the cotton being beaten
from the bolls in stormy weather. But on Wednesday the
chief source of strength was the better market at Liverpool.
In the morning short notices for October delivery came out in
considerable quantities, and in dis(x>sing of these some weakness was developed, followed by a rally after they had been
But this market, unless feeling the influence of
adverse crop accounts or strong foreign advices, was dull,
drooping and unsettled. Yesterday Liverpool reported some
advance, with which we sympathized to an extent. The moderate crop movement and the lowering aspect of the weather
at the South were also elements of strength, but the close was
without spirit. To-day, in the face of stronger reports from
Liverpool and Manchester, our market was weak at the
opening, the depression being generally attributed to the clear
or clearing weather at the South; but there was some recovery in the last hour, on predictions of frost at an early date
in the Northern belt.
Cotton on the spot was quiet and uuchangetl until Wednesday, when there was an improved business for home consumption, and yesterday there was a disposition to hold the better grades for more money.
To-day the
market was quiet at 10%c. for middling uplands.
The total sales for forward delivery for the week are 391,500
bales.
For immediate delivery the total sales foot up this week
3,933 bales, including
for export, 2,933 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 September 87 to October 8.
placed.
—
—
—
—
UPLANDS.
Sat.
Ordinary
Strict Ordinary
Gond Ordinary
Strict Good Ordinary.
LowMlddlinfc
Strict
Low
.»lb.
8a,„
Strict
Good Middling.
Fair....:
GULF.
Strict
Low
Sat.
-Sib.
,
1038
FrI.
7%
7%
Wed
7\ha
71Blf
83a
838
9I4
8%
914
1038
10»,8
Tta.
1038
1058
1013,6
11'4
11%
Prt.
Zfl8
Z^'«
838
838
9'4
9Uj,
lOifl
OH
91I1B
10%
1038
109.6
1038
1038
10',8 10',«
10li,8 1013,^ 1013,^ 1013,, 10U„ 1015,8
Jflddllng.
103s
109,8
11
Middling Fair
Fair
11
11
117,8 U'la ll'Jia
1115l« 111»1R lll*lt lll'lt 111*16
ll'^lB
STAINED.
Good Ordinary
Strict Good Ordinary.
Th.
7%
9"lf 911,, 911,8 9"u
10 ig lOig 1019 1018
Middling..
Good
Wed
Jdon Tnes
7i5u
838
9-4
,
Middling
Good Middling
9trict
7%
1038
1038
103^
io4
10i>8
1059 ,1058
1058
10ia,« 1013,gll01S„ 101t,6 10i»i,
11>4 11>4 |11'4
IIH Ilk
11% 11% 'U\ 1134 11%
Middling Fair
Ordinary
Strict Ordinary
Good Ordinary
Strict Good Ordinary.
Low Middling
7H
1038
101%
,
.Mlddllnff
raon Taea
S3i«
S''l«
83,8
83:«
83ie
9',«
9iie
9'l«
9>i.
2 J«
913
!14
913
a's
919
9>a
9i»u 9i»,. aii-if 916,, 9i5,e
I03,e lO^ie 10t,« lO'ig 10^,8 103,8
Middling..
Middling
Good
7%
Nat.
.»lb.
71a
8ie
Low Middling
Middling
9'8
ll'Jie
non Tae* Wed
7I9
8l8
91,8
9^8
Tb.
71*
8l8
7I9
8l8
713
8i8
9^8
SI'
9'8
9^8
Pri.
7^~
8%
sv«
9''e
MARKET AND SALES.
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.
SFOT MARKET
CLOSED.
Sat.. Dull
Mon. Quiet
Tuea.
Wed
Thiu-.
Fri...
Total
The
Steady
Steady
Quiet & steady.
SALES OP SPOT AKD TRANSIT.
Ex-
Con-
port.
tump.
368
224
246
821
955
319
2,933
rnrCRES.
Spee- TrantU'thi
tU.
'.'.'.'.
i
lytiv-
Total.
Sales.
cries.
368 43,300
224 97,400
246 78,500
821 62,700
955 63,600
319 49,000
"-*
2,933 391,500
....
....
....
daily deliveries given above are actually dellrered the day
previoas to that on which they are reported.
1^" We have
Included in the above table, and shall oontlnae eaoli
to give, the average price of futures each day for each month. It
be found under each day following the abbreviation " .\ver." The
average for each mouth for the week is also given at bottom of table.
Transferable Orders—Saturday, 10-35c.: Monday, lO-35c.; Tueaday,
10-200.; Wednesday, 10-20o.; Thursday, 10-250.; Friday,
«.
week
will
The following exchanges have been made during tlie week
04 pd. to exch. 500 Oct. for Nov
Even. 200 Sept. for Deo.
•03 pd. to exch. 100 Nov. for Deo.
-09 pd. to exch.
800 Oct.
for Jan.
•09 pil. to exch. 200 Oct. for Jan.
•16 pd. to exch. 100 Nov. for Feb.
Thk Visible Sdpply of Cotton to-night, as made up by cable
is as follows.
The Continental stocks, as well as
those for Great Britain and the afloat are this week's returiu,
and consequently all the European flgtires are brought down
to Thursday evening. But to make the totals the complete
figures for to-night (Oct. 3), we add the item of exports Iron*
the United States, including in it the exports of Friday only.
and telegraph,
.
THE CHROXICLE.
4fi6
1890.
1889.
1888.
1887.
bales
483,000
36,000
363,000
22,000
289,000
13,000
475,000
39,000
Total Great Britain stock.
Btock at Hamburg
Stock at Bremen
Btook at Amsterdam
Btook at Rotterdam
Btook at Antwerp
Btook atHavre
Btook at Marseilles
Btook at Barcelona
Stock at Genoa
Btook at Trieste
509,000
1,900
13,000
2,000
385,000
1,800
8,700
5,000
302,000
4,000
9,600
4,000
514,000
4,800
39,800
21,000
200
300
4,090
97,000
3,000
21,000
5,000
5,000
15,000
52,000
6,000
27,000
7,000
5,000
Btookat Liverpool
Btook at London
152,100
Total Continental stocks
Total European stocks.. ..
India cotton afloat for Europe.
661,100
36,000
298,000
22.000
330,993
62,065
21,086
Amer.cotfn afloat tor Europe.
Egypt,Brazll,&c.,aflttorE'r'pe
Btook in United States ports .
Btook In U. 8. Interior towns..
Dnlted States exports to-day.
300
600
200
900
72,000
2,000
25.000
6,000
7,000
148.000
2,000
13,000
r>,ooo
12,000
127,800
130,500
246,700
512,800
37,000
261,000
16,000
300,048
53,372
37,669
432,500
31,000
123,000
15,000
327.641
78,334
26,144
7C0,700
72,000
293,000
19,000
425,896
]27.5«0
34,202
1,431.244 1,217,889 1,036,619 1,731,353
Total visible supply
Of the above, the totals of American and other descriptions are as folio ws:
A7nenca?i—
Uverpool stock
bales
Continental stocks
American
afloat for Europe...
United States stock
United States interior stocks..
United States exports to-day.
Total American
East Indian, Brazil, <tc.—
Liverpool stock
London stock
Continental stocks
India afloat for Europe
Egypt, Brazil, &c., afloat
Total East India, Ac
Xotal American
„.„„„„
212,000
199,000
48,000
298,000
330,993
62.065
21,086
202,000
56,000
261,000
300,048
53,372
37,669
171,000
50,000
123,000
327,641
78,334
26,144
959,144
910,039
776,119 1,172,658
284,000
26,000
104,100
36,000
22,000
161,000
22,000
71,800
37,000
16,000
118,000
13.000
80,500
34,000
15,000
472,100
959,144
307,800
910,089
260,500 561,700
776,619 1,172,658
the receipts
since September 1, the shipments for the
week and the stocks to-night, and the same items for the
corresponding period of 1889 is set out in detail in the
following statement.
—
^5? c O
-• P^ c?
V
— £.ao
fa
5.°'
cSoB
a?
-
[0
»
(B
Kr.
.
(B 83
CD
•
H
6b
.
)Lo ^
K a o
S"*
»©
,
BC.
•
•
9>-
pt=- o-
as-
•
•
OQ
V>
•
^
o
Galveston...
9l5n
91616
New
10
Orleans
Mobile
Savannab...
9^8
9=8
Charleston.
9 '8
Wilmington.
101,6
g's
911, ft
to ;n
K o CO CO
fe.
p.
(D 00 -J
CJ-OSA
CO
(&.
- <i cccoto
ao
CO oi
c;<
9>3,8
o o bi w
cx)
(f*.
c ^ ** CO 00 <i CO CO 1- 03
;o •o'w
101,8
Oi'is
911,
9'1 6
913,8
9IS18
9%
s
913,8
913,8
9138
9"u
10
10
10
1033
10>4
1038
IOI4
1038
10>4
1038
1014
1038
10>4
1038
IOI4
PljUadelpMa
Augnsta ....
10%
10%
10%
10%
10%
10%
Memphis
10
10
10
10
10
10
10
10
10
10
1038
1038
1038
1038
IOI4
1038
10>4
1038
10
10
10 14
Louis
Cincinnati..
8t.
tiouisvllle.
9%
9\
...
..
913i8
9"
915,8
101,3
915,8
10
9%
9%
9%
9%
lOH
10%
1038
The closing quotations to-day (Friday) at other important
Southern markets were as follows:
9U,« Little Rook
Atlanta
Columbus, Ga. 9I3
Montgomery
gog
I
Columlm3,Mi33
Eutaula
Receipts
9^8
9»8
.
I
Baleigh
9=8
911,8
9^8
9i%
9% Rome
.
NashvlUe
Natchez
9^8
9'e
Selma
Shreveport
From the Plantations. —The
....
following table
from the plantations.
ItecHpU at the Ports. St'k at Interior Totvns.
Weeli
1888.
1890.
1889.
1888.
1889.
1890.
from Plant'ru.
liec^pts
1888.
1890.
1889.
I
Aug.
42,810
15,165
8.727
11,979
57,452 92,689
92,991 124,388
89,677 180,348 171,708
18,895
25,434
88..
128,399 191,833 211,622
17,828
21,291
88,608
61,474
17,787
19..
23,089
89,184
29..
Sept. 6..
"
1«.
"
"
Oct.
S..
27,709
45,891
23.022
28,529
39,782
1B0.588!245,374'248,938' 98,210^ 76,761
22,803
I
29,229
45.825
99.505
130,907
181,895
231,418
41,837 68,492
49,154 98,249
35,621 104,894 139,855
55,617 153,366 205,066
80,284l227,30ll283,S78 ,271,705
—
The above statement shows: 1. That the total receipts from
since September 1, 1890, are 900,067 bales; in
1889 were 783,490 bales; in 1888 were 576,334 bales.
the plantations
—
2.
That, although the receipts at the outports the past week
were 246,938 bales, the actual movement from plantations was
271,705 bales, the balance going to increase the stocks at
the interior towns. Last year the receipts from the plantations
for the same week were 283,373 bales and for 1888 they were
227.304 bales.
—
Amount of Cotton in Sight Oct. 8. 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
•Hibstantially the amount of cotton now in sight.
1
1889.
1888.
1887.
718,173
493,499
905,962
82,835
124,169
Receipts at the ports to Oct. 3.
Interior stocks on Oct. 3 In
excess of September 1
833,396
66,671
64,317
from plantat'ns
900.067
782,490|
14,060
43,000
3S,000
576,334 1,030,131
9,092
39,462
36,000
35,000
969,205
834,550
621,426 1,104,593
26.1381
1
Northern spinners takings to
October 3
150,2161
97,416
131,067
184,565
seen by the above that the Increase In amount in sight
compared with last year, is 134,655 bales, the excess as
compared with 1837-88 Is 347,779 bales and the loss from 1886-87
reaches 135,388 bales.
It will be
to-nlgbt, as
o O' (^7-' 00 Vi X oi ill
"i*.
«XOPi-!SOO»-0:COX«Drf-OSOO*'>COOiCO
(Xi
h-COCDCOOO'OC'XP-'XXy'OtCMOlv]
OK)HCitfr.CDO
101,8
g'e
Fri.
916,8
101,8
10
Norfolk
Boston
Baltimore...
Netoverliind to October 1
Southern consumpt'n to Oct.
O
ao *i CO IX
10
ON—
Thxirs.
9'»,e
101,9
Tot. receipts
ODCOOlt-'XO'O'COOiOif'COCnCO — WOtD'vl
(X#^CDACOXQCCDi->-^O^rChtOC;TM»b.)C>.,^
c;>
10
913l«®'8 913,8®''8
Xotal in sight October 3
mVi^cowodco
Wednea.
lues.
1890.
Cil-*XOit**OMCntOi**.'-'ttif».(fkODaitOtO<l
00 -g if>. to CO if^ en to
CO CO CD C3 CO
H* CD 00 Ci
C
Mon.
Satur.
.
i-'WHM GO c;"® w C^ M
MOwVlDVVcDOsaiOi'cvicocsv'boa
O •- X #" W O
Oct, 3.
S3
|OC;»HC0rf»-MfcO
M QO to *J CD W O
CLOSING QUOTATIOSS FOR UIDDLDJO COTTON
Week ending
72.000
19,000
and
Btor!r'HW!i5
Quotations for iliDDLixa Cotton at Other Markets.—
Lq the table below we give the closing quotations of middling
cotton at Southern and other principal cotton markets for each
day of the past week:
Indicates the actual movement each week
The figures do not include overland receipts nor Southern
consumption; they are simply a statement of the weekly
263.000 movement from the plantations of that part of the crop which
30,000 finally reaches the market through the outports.
168,700
At the Interior Towns the movement—that is
for the week,
Voi,. Ll,]
I
78.000
295,000
425.896
127,560
31,202
1,431,244 1,217,889 1,036,619 1,734,358
Total visible supply
5it> td.
5%d.
5'i«d.
OhtA.
Price Mid. Upl., Liverpool....
lOSigC.
9^160.
10»eo.
103ic.
PriceMid.Upl., New York....
It^" The imports into Continental ports this week have been
6,000 bales.
The above figures indicate an increase in the cotton in sight
to-night of 213,355 bales as compared with the same date
of 1889, an increase of 394,635 bales as compared with the
corresponding date of 1888 and a decrease of 303,114 bales
as compared with 1887.
Ifr
«
.
Weather Reports by Telegraph.—Our
telegraphic adfrom the South to-night indicate that the weather has
been rather unfavorable, rain having interfered with the
vices
M
C;<GDOli-'.
M CCOSCJiCOMCO
x o oi co h" 01
?d
^ C to X -^ M X «» 03 O X C CC Oi X *^
H-tO
CO
»*».
o* oi 01 <i"io 00 'y colo'to
^^"^,0
I-*
t--
©.
rf^
MHtOMt003
OfcMM
'•^Oi^to
(0-3
cn»--norf^rf^coxoci'XXtocs*fcCi;ocos
IO<J»(»>03#»-if»>q5tOr-^030U'CnCOXOit»-35
03^h-tO*3X-a"-JtOi*-CDOCOOtOCnOC001
K <l tP Cf #^ X X to M X C; M X
OlOXtfk^OX
*a en -J Ci to -q
lO'
S^f^
I
M<i'^3<)'
i^
co_>t.xwtoco
^i"^
ee"to<Jh-xc;toito"I-
woiVw^-
OtOO*^; CJ'iP'OCOCOCflOCtvrf-COCD'-'
Cn^O<0. *> CO I-* h- fJ* © O 0> CO en X O <J 00
S^S^
'coV
CO'
w
i-'i^w
to **. en
w
M
ifr.
to
xc
w'co :) (ffclo'to 30
ViVj-h-lo
rf*>
t0(C»'<lCDO-4-'lr-0tt0'O-qarf^-0OCSrf»-tf*'
•^]qsco'-jrf*.M<icgrf^cooscacR03*j-j-4to<i
CD',
o.
* Louisville flpires
o> to to to
COl-'tO»F».0JCJ'C0*JOSt0tOC0C0<]SiCnOJCl-'
O.OCD
*1<J
CD »- O »l^ to to ^
iX'OO<lOC0<l
t^CJlOM
rfi.
^xcnMOtXicooiico;tov(X*^xcop->orf^
(».
ej-«jco»-qx*3
t
tooiOtf^dX
X W W O CO <l
<IO^^»C0-4
O"
$0'
iF^'if^excDXcntoxcoxoxco-.jcoocco
"net"
in both years,
This rear estimated.
The above totals show that the old Interior stocks have
increased during the week 18,150 bales, and are to-night 8,693
bales more than at the same period last year. The receipts at
the same towns have been 6,540 bales more than the same
week last year, and since Sept. 1 the receipts at all the towns
are 65,813 bales more than for the same time in 1889.
gathering of the crop in
marketed
freely.
many
districts.
Cotton
is
being
—
Oalveston, lexas. The weather has been dry all the week.
The thermometer has averai;ed 68, ranging from 56 to 80.
During September the rainfall was four inches and sixty -four
bundled ths.
Palestine, Texas. It has been showery on one day of the
week, the rainfall reaching six hundredths of an inch. The
thermometer has ranged from 47 to 83, averaging 65. Rainfall for the month of September three inches and forty-seven
—
hundredths.
—
Huntsville, Texas. We have had rain on one day of the
week, the precipitation being forty hundredths of an inch.
The thermometer has averaged 71, the highest being 94 and
the lowest 48. During the month of September the rainfall
reached thice inche."! and forty-two hundredths.
Dallas, Texos.— Picking is active, and if present weather
continues the crop of the State will be large, except in a few
sections.
The rains have done no great damage. There has
been one shower during the week, the rainfall reaching sixtyThe thermometer has averaged
tliree hundredths of an inch.
During the month
73, the highest being 94 and the lowest 52.
of September the rainfall reached six inches and twenty-six
hundredths.
San Antonio, Texas.— We have had showers on two days of
the week, the rainfall reaching twenty-nine hundredths of an
The
inch. Picking is active and crop accounts Jfavorable.
—
OOTOBKB
THE CHRONICLK.
4, 1S90.]
thermometer has nveragcd 9S, ranpring from 74 to Ofl. During
the month of September the rainfall reached eight inches and
seventv-twd hundredths.
467
week to the extent of one Inch and eighteen hundredth*.
Savannah, Oeorgia.— Then has been rain on five days of
the week, to the extent of ninety-five hundrodtlm of an (nob.
The thermometer has averaged 68, ranging from 08 to 84.
Augusta, Oeorffia.—Continuoua raina (tix dayi thia week)
have leriously damaged cotton in the field. In ouuir place*
liolls are rotting or sprouted and unpicked cotton beaten
off
when rains were heaviest. Opinions differ as to the amount
of damage done, and it is thought that a continuance of present
good weather will reduce the (lercentage ot damage. The
week's rainfall has bean one inch and eighty-two hundredths.
The thermometer has ranged from 56 to 79, averaging M.
September rainfall eight inches and ninety-one huudredtnsCharleston, South Carolina. Rain has fallen on five days
of the week, to the extent of forty-five hundredths of an inon.
Average thermometer 68, highest 83 and lowest 58.
Stateburg, Sotith Carotina.—'Ra.ia has fallen on three days
of the week (on one day lightly), to the extent of one inch.
The thermometer has averaged 62, the highest being 7a and
the lowest 56. During tlie month of September the rainfall
reached three inches and twenty-nine hundredths.
Wilson, North Carolina.— There has been rain on three
days of the week, the precipitation reaching ten hundredths
of an inch. The thermometer has averaged 64, ranging from
tho
Luli'ng. Texas.— TVioio has been hard rain on two dava of
the week, tho rainfall reaching two inches and forty hunPicking has been partially interrupted, otherwise no
dredthH.
consideralile damage has been done, as fully as much cotton
Tlie thoris already Ix-en made as can ever be gathered.
momoterliJis ranged from 48 to 98, averaging 78. During the
month of SoptcniiMjr tho rainfall reached seven inches and
eleven hundredths.
Columbia, Texas.— We have had hard rain on three days
of the week to the extent of two inches and eighty-seven
hundreths. Picking has been interrupted and the rain has
Tho picking season has been a
l>een otherwi.se hurtful.
wretched one. Average thermometer 71, highest 92 and
lowest 50. Rainfall for September twelve inches and seventyseven hundredths.
Citero, Te.vas.— It has rained on one day of the week, the
Picking is
rainfall reaching forty hundredths of an inch.
active.
The thermometer has averaged 78, the highest being
98 and the lowest 46. During the month of September the
rainfall reached seven inches and ninety-nine hundredths.
Brenham, Texas. It has been showery on two days of the
week, the rainfall reachinc one inch and thirty-eight hun- 56 to 79.
dredths. The thermometer has averaged 74, ranging from 52 The thermometer has averaged 67, the highest being 78 and
to 90. Rainfall for September eight inches and five hun- the lowest 58.
dredths.
The following statement we have also received by telegraph,
Beltoti, Texas.
have had one shower during the week. showing the height of the rivers at the points named at 8
hundredths
of
inch.
an
The
reached
ten
The precipitation
o'clock October 2, 1890. and October 3. 1889.
thermometer has ranged from 62 to 96, averaging 79. RainOcl. 2. '90.
Oct. 3. '89.
fall for the month of September thirty-one hundredths of an
—
—
—We
inch.
Weathei-ford, Ttoas.— The weather has been dry all the
week. Average thermometer 73, highest 92 and the lowest
Rainfall for the month of September four inches and
54.
eight hundredths.
have had rain on one day
New Orleans, Louisiana.
during the week, the rainfall reaching twenty-seven hundredths of an inch. The thermometer has averaged 68.
Shreveport, Louisiana. There has been no rain all the week.
The thermometer has averaged 62, ranging from 48 to 78.
Columbus, Mississippi. Riinfall for the week, ninety-two
hundredths of an inch on three days. The thermometer has
ranged from 50 to 80, averaging 61. During the month of
September the precipitation reached nine inches and ninety-
—We
—
—
two hundredths,
—
Leland, Mississippi. Telegram not received.
Meridian, Mississippi. Rain fell on three days in the early
part of tlie week, but since then the weather has been clear
and pleasant. Rain has done some damage, as the grade of
cotton will be lower than last year.
Clarksdale, Mississippi. Tlie heavy and continuous rains
of late have beaten out open cotton and caused sprouting and
The damage is claimed to be about ten per cent in this
rot.
section.
The September rainfall reached six mches and fiftysix hundredths.
Vicksburg, Mississippi. Telegram not received.
Little Rock, Arkansas.
The past week has been more favorable for planters than last, but yet there has been little sunwhich
much
Lighttshowers have fallen on
shine,
is needed.
four days aggregating a rainfall of fifteen hundredths of an
inch. Average thermometer 61, highest 71. lowest 51.
Helena, Arkansas. We have had light rain on four days of
the week, tlie rainfall reaching one inch and forty-three hundredths. The crop has been much much damaged by rain
and very little picking has been done since Sept. 15th. Rainfall for September eleven inches and thirty- eight hundredths
—
—
—
—
—
on thirteen days.
Memphis. Tennessee.
of the week and rain is
FeeL
Feet.
New Orleans
Above low-water
Above low-water
Above low-water
Above low-water
Above low-water
Hempbls
Nashville
Shreveport
Vicksburg;
NOTK.—Reports
now made In
arc
mark.
lunrk.
mark.
mark.
mark.
feet
8-8
13-7
40
6-.5
8-3
19-9
7-8
71
60
22-9
and tenths.
—
India Cotton Movement feom all Ports. The receipts
and shipments of cotton at Bombay have been as follows for
the week and year, bringing the figures down to Oct. 8.
BOMBAT RECEIPTS AND SHIPMENTS FOR FOUR TEARS.
Shipments
this week.
rear Oreat ContiBrifn. nent.
1890
1889
1888
1887
1,000
_
.
Shipments tinee Jan.
|
,
Total.
Great
Britain
Continent.
1.
Jleeeipts.
This
Week.
Total.
2,000 3,00o'341.000;i033000 1.374.000'
4,000 4,000 304,000 845,000 1,209,000
1,000 1,000 213,000 619,000 832,000
4,000 4,000 363,000l669.000l 1.032.000
Binu
Jan.
1.
4.000! 1,887.000
3.000 1,687,000
3,000 1,294,000
8,000 1,474,000
According to the foregoing, Bombay appears to show
an increase compared with last year in the week's receipts of
1,000 bales and a decrease in shipments of 1,000 hales, and
the shipments since January 1 show an increase of 165,000 bales.
The movement at Calcutta, Madras, and other India ports for
«he last reported week and since the 1st of January, for two
years, has been as follows.
"Other porta" cover Ceylon,
Tuticorin, Kurrachee and Coconada.
Shipments since January
Shipments for the week.
Great
Continent.
I
Britain.^
Total.
Continent.
SrilaL.
1.
Total.
Calcutta -
1,000
l.OOO
25.000
34,000
103,000
45,000
123,000
79,000
1,000
3,000
1,500
1,000
4,500
53,000
57,000
8,000
10,000
61,000
67,000
5,000
6,000
1,000
2,000
6,000
8,000
97,000
79,000
48,000
45,000
145,000
124,000
6,000
9,000
2,000
3,500
8,000
12,500
175,000
170,000
159.000
100,000
334.000
270,000
1890
1889
Madras—
1890
1889
others—
1890
1889
Ail
— We have had light rain on three days
still falling.
Tlie unfavorable condi-
aU-
tions previously reported have continued all the week; picking
has been interrupteu, and damage has been done by rotting
of bolls and sprouting of seed, but the amount of injury is
exaggerated. The week's precipitation has been forty-seven
hundredths of an inch. The thermometer has averaged 63,
ranging from 50 to 74. During September rain fell on seventeen days to the extent of nine inches and seven hundredths
heaviest for September on record.
Aashville, Tennessee. It has rained on four days of the
week, the rainfall reaching eighty hundredths of an inch.
The thermometer has ranged from 49 to 75, averaging 62.
Mobile. Alabama.
have had rain on two days of the
week. Reports state that there was too much rain in the early
part of the week, but latterly the weather has been fine.
Total
Average thermometer 67, highest 86, lowest 54. September
rainfall three inches and sixty-one hundredths.
Montgomery, Alabama. We have had showers on three
All other poru.
—
—We
—
days of the week, the rainfall reaching fourteen hundredths
of an inch. The early part of the week cool weather prevailed, but the last two days have been warmer. The thermometer has averaged 70, the highest being 80 and the lowest
September rainfall six inches and three hundredths.
60.
Selma, Alabama. We have had rain on four days of the
week, the rainfall reaching one inch and fifty-five hundredths.
The thermometer has averaged 64, ranging from 56 to 78.
Auburn, Alabama.— Telegram not received.
Madison, Florida. It has been showery on five days of the
•week, the precipitation reaching two inches and five hun-
—
—
dredths.
Average thermometer 77, highest 89 and lowest 65.
Columbtis, Georgia.— There has been rain on two days of
1890
1889
The above totals for the week show that the movement from
the ports other than Bombay is 4,500 bales less than the same
week last year. For the whole of India, therefore, the total
shipments since January 1, 1890, and for the corresponding
periods of the two previous years, are as follows:
EXPORTS TO EUROPE FROM ALL INDIA.
Bhipm-ents
air Europe
from—
Bombay
Total
ThU
week.
1888.
1889.
1890.
to
ThU
Since
Jan. 1.
week.
Sinee
Jan.
1.
ThU
8inc«
week.
Jan.l
832,000
205,000
3.000 1,374,000
8,000 334,000
4,000 1,209,000
12,500 270,000
l.OOo!
6,000|
11,000 1,708,000
16,50o|l,479,000
7,000| 1,037,000
Cotton Consumption and Overland Movement to Oct. 1.
our editorial columns to-day will be found our usual
Overland Movement brought down to October 1.
—In
Jdte Butts, Baooing, &C.
—There
has been a good
demand
for jute bagging since our last report at firmer prices. But
in view of the rather small amount of stock available for
current use manufacturers appear disposed to advance quotations.
Prices to-night are 6c. for 1}4 lbs., 6,^c. for Ifi lbs.,
7^0. for 2 lbs. and 8c. for standard grades. The market for
jute butts continues quite dull at former prices. Quotations
to-night are IJ^c. for paper grades and 2c. for bagging quality.
.
THE CHRONICLR
468
LVOL. LI.
—
Alexandria Receipts and Shipments, Through arrangeThe exports of Cotton from New York this week show a I
ments we have made with Messrs. Davies, Benachi & Co. of decrease compared with last week, the total reaching 8,305
Liverpool and Alexandria, we now receive a weekly cable of bales, against 14,473 bales last week.
Below we give our
the movements of cotton at Alexandria, Egypt. The following usual table, showing the exports of cotton from New York,
are the receipts and shipments for the past week and for the and the direction, for each of the last four weeks; also the
corresponding week of the previous two years.
total exports and direction since Sept. 1, 1890, and in the last
column the total for the same period of the previous year,
Alexandria, Egypt,
1888.
BXPORTS OF COTTON (BALES) FHOM NEW YOBK SINCE SEPT. 1, 1890.
1889.
1890.
October 1.
,
Week Ending—
Receipts (cautara*)
This week
Since Sept. 1.
150,000
376,000
45,000
108,000
80,000
187,000
This
Siiice
week: Sept. I.
Since
This
week. Sept. 1,
This
Since
week. Sept. 1.
Exported to—
Sept.
11.
Liverpool
Sept.
It-
25.
18,169 14,067
Same
Total
since
Oct.
2.
period
previou$
Sept. 1.
year.
9,223
3,661
52,937
200!
677
977
75,132
2,075
TOT. TO Qt. Beit'n. 18,269 14,067j 9,423| 4,338
53914
78,107
875
6,093
Other
100
Britisii ports..
Exports (bales)—
To Liverpool
To Contiuent
8,000
2.000
22,000
5,000
5,000
2,000
16,000
4.000
7,000
1,000
12,000
5,000
Ha\Te
Total Europe
*
10,000
27,000
8,000
20,000
1
17,000
7,000
A cantar Is 98 pounds.
Otlier
500
French ports..
Total Feench
—
good. We give the prices for to-day below, and leave those
for previous weeks of this and last year for comparison:
200
......
1890.
Twist.
d.
d.
a>9^
Bept.5 8% ®859
'•
12:8% 3858
" 19:8% 8)8=8
" 2618% a858
Ak.29
8>fl
1889.
8.
d.
6
6
6
6
41337 3
4is®7 3
s.
413 j7
d.
3
4i2«7 3
6 4Jaa7 3
Oct. 3!87,B®8H,gl6
iHa7
3
Cott'n
Mill.
32s Cop.
700
Tot. to No. Europe
200
Uplds
Twist.
d.
d.
Cotton
d.
s.
6
6
6
5l3,f 8'l8®88ie 6
513n 8l.««89i. 6
63,6 8'if,a8*ie
5l3,f 81i«®89ie
513,« SMfaSS^ie
534
8
a>8^
16
d.
8.
®7
Mid
a.
B»(l
al
2
2
a>7
2
Hll-fl
a>7
2
2
2
6%
®7
®7
Domestic Exports of Cotton Mandkactcees.
6%
6»li«
6'li
—Through
below:
Quantities of Marfufacturei of Cot- 2>[onth ending Aug. 31
ton {colored and uncolored)
exported to
1890.
1889.
—
Germany
—
yards
Other countries in Garope
Britisii North America
Mexico
Central American States and
British Honduras
Indies
West
Argentine Republic
Braiii
United States of Colnmbia...
Other countries in S. America
China
British East Indies
Other countries in Asia and
Oceanica
Africa
Other countries
Total yards of above..
Total values of above.
Value peryard
Values of other Manufactures of
Cotton exported to
Great Britain and Ireland
1,081,301
20,5t5
£0,835
2S,6oO
481,166
87.50S
637,008
1,030,317
588,ef0
1,322,042
2»,7Be
60S, 155
»20,89«
1,003.033
2,B02.200
314,400
8f 0.701
6.50,71
2;17,37I
62,';27
810.017
873,469
275,^9^
36:i,304
1,661,533
453.504
1,202,519
228,796
SS2.4ua
749.875
1,443.097
90,000
10.277,6-8
10,071,998
1718,2>2
('0694
$712,413
$•0707
8 mos. ending Auq,Z\.
1890.
0,783.412
192.995
1,152.882
397,624
4,013,114
4,610,780
9,248,761
967.017
6,371.932
1.990,728
10,440,744
Central American States
Honduras
West Indies
&
9,524
no
4,482,071
6.603,042
3,858,685
80.831,835i 82.866,758
$-0i;90
t6,926.564
$'0714
$43,046
684
817
7.805
25.032
16,484
$193,070
22.927
$26li.988
9.367
1.76-
12.984
M).h59
15.448
11,095
1,815
720
1.240
6.936
41,787
188
42.620
68,624
6.019
28,577
26,470
37,447
86,687
19.249
218.361
2tO.'39S
74
4.1 (.9
14,148
6.680
18.467
45.860
216.079
96,810
2:iS,3i8
157,515
British
Argentine Republic
United States of Colombia
Other countries in So. America
British possessirns in Australasia
Other countries in Asia and
Oceanica
Africa
Other countries
Total value of other manufactures of
Aggregate value of all cotton goods
1,296
4,550
3,312
12,589
13,502
4,325
2,850
Ac.
'ibo
50
"156
100
4,3751
Grand Total.. .. '18.569
Shipping
4,497
GOO
22,939 14.473
300
661
150
4,625
3,511
8,205
72,003
101,213
News.—The
exports of cotton from the United
States the past week, as per latest mail returns, have reached
108,863 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
Include the manifests of all vessels cleared up to Thursday,
New „
YORK—To
Total 6ate',
Liverpool, per steamers Arizona, 701. ...City
of Chester, 483..., Majestic, 370....Sirlu3, 1,501. ...Um-
bria,606
Hull, per ste.imer MarteUo, 677
Havre, per steamer La Bourgogne, 375
Bremen per steamers Elbe, 5
Lahn, 858
Hamburs, per steamer Wiclanil, 60O
Antwerp, per steamer Westernland, 998
...
Stettin, per steamer Polaria, 300
Oeno.i, per steamer Neuatria, 150
New Orleans—To Liverpool, per steamers Author, 3,014 ...
Salur3ina,5,691... Statesman. 4,223.. Tycho Brahe, 2,647
To Bremen, per steamer Thames, 3,575
Galveston— To Llvernool, per steamers Amethyst, 3,200
Hamp.'tead, 5,755 ...Ixia, 4,765
Knuttfoid, 4,300
Savannah- To Llverpcol, per steamer .San Juan, 5,024
To Bremen, per steamer Europa, 3,797
To Barcelona, per steamer Roxburgh Castle, 5,300
To Genoa, per steamoi- Eoadlng, 4,700
To .Salerno, per
1,200
Charlkston— To Barci lona, per steamer Koyal Welsh, 3,850.
Wilmington— To Liverpool, per steamers Amoor, 5,400
Cam
Brea, 5,372
To Bremsn, per steamer Camiola, 7,053
Norfolk— To Liverpool, per steamers Bendo, 9,711
Stanmore, 4,726
West point— To Liverpool, per steamer Rnskin, 6,592
BosTON—To Halifax, per steamer Halifax, 50
To Yai mouth, per steiim(r Yarmouth, 2
Baltimore—Jo Havre, per steamer Urbino, 650
3,661
To
677
To
To
To
To
To
To
3'75
1,446
600
996
300
150
15,605
3,575
18,020
5,024
3,797
5,300
4,700
1,200
3,850
.
Total
10,772
7,083
14,437
6,592
50
2
650
10?,86a
form, are as follows:
$24,037
5,852
2e.3«6
Brazil
560
rhe particulars of these shipments, arranged in our usual
406
France
Other countries in Europe
British North America
Mexico
6,093
5,316
3,143
5,038
.
—
Germany
875
5,296
4,000
3,2P3
,
19,481,
1,226,261
$6,680,788
Total Spain,
Upldl
a.
the courtesy of Mr. S. G. Brook, Chief of the Bureau of
Statistics, we have received this week a statement showing the
exports of domestic cotton manufactures for August, and for
the eight months ended Aug. 31, 1890, with like figures for the
corresponding periods of the previous year, and give them
Great Britain and Ireland
376
1,446
4,325
All otlier
S^i lbs.
Shirtings.
2,350'
l,447i
8p'D,Op'to,Glbr.,&c.
j'D.Op't
8>4 lbs.
Shirtings,
500
1,300
2,7C0
...,
I
Manchester Market. Our report received by cable to-night Bremen
from Manchester statesthat the market is firm for yarns and Hamburg
steady for shirtings. The demand for both India and China is Otlier ports
32s Cop.
375
9.77S
6,071
50
4,St6
4.591
3,109
8,167
17.666
531
2.06I.
(<3,S86
30.130
13.420
i5.>'82
33.812
13,8.9
$117,49';
$149,510
$1,060,690
$1,192,468
»83.'l.74t
$861.963' $6.631.428
$7,119,020
B'lona,
Bremen Ant- Genoa, Halifax
Liverpool.
New
York.
3,661
N. Orleans. 16,605
Galveston. 18,020
Savaucah
6,024
Charleston
Wilmingl'n 10,772
Norfolk .. 14,437
West Point 6,592
Boston
Baltimore
<*
Hull. Havre,
677
375
dt
burg. Stettin,
2,046
3,575
3,70'7
.
Total.... 74,111
Ham- werp
1,293
,
d
Sat-
it
Yar-
erno. mouth.
150
Total.
8,205
19.180
18,020
20,021
3,850
17,855
14,437
6,592
11,200
3,850
7l083
52
650
677 1,025 16,501
1,296 15,200
t2
650
52 108,862
Below we add the clearances this week ot vessels carrying
cotton from United States ports, bringing our data down to
Hand-Book FOR Daily Cable Records of Ajuerican, East the latest dates:
Galveston- To Liverpool— Sept, 25— Steamer Waterloo, 2,712
Indian, Eoyptian and Brazilian Cotton, &c.— Mr. John
Sept. 27— Steamer Blaokheath, 6,017... Sept. 29— Steamer NorthJones, of Liverpool, has just published his twentieth annual
issue of the daily cable records of the principal cotton crops of
the world, with considerable other useful information. The
pages are so arranged as to leave a column on each for inserting, as received, the daily and weekly figures for this year
side by side with those for previous years. The book will be
found on sale at the office of the Daily Commercial Bulletin,
82 Broadway.
Liverpool Stock.— A re-count of the stock of cotton at
made on Saturday last, September 37, and it
disclosed a deficiency compared with the estimated figures of
71,010 bales, distributed as follows: American, 29,300 bales;
Indian, 23,460 bales, and others, 18,230 bales.- This shows
that the deliveries to spinners have been that much in excess
of the figures published by the Liverpool Cotton Association.
Liverpool was
gate, 5,916
Oct, 1— Stesmer Britannic, 6,822.
To Fleetwood-Sept. 26— Steamer Cyanus, 4,025.
To Havre— rept. 30— Steamer Fernside, 4.891.
New Orleans—To Liverpool—Sept. 27— Steamer Darien, 7,269.
To H,ivre-8ept. 27— Steamor Bordeaux, 6,996
Sept.
29—
Steamer Imperial Prirce, 6,611.
To Antwerp— Sept. 27— Steamer Bordeaux, 150.
Bronswick- To Liverpool— Sept. 30— Steamer Caloric, 5,300. ..Oct. 1—
Steamer Lennox, 5,128.
Savannah-To Liverpool— Sept. 30— Steamer Monkseaton. 8,203.
To Bremen— Sept. SO-Steamers Inohrhona, 5,366; Thomas Turnbuil, 6,( 00.
To Barcelona— Sept. 27— Steamer Robloia, 5,850.
To Genoa— Sept. 30-Steam6r Pontiac, 4,300.
Charleston— To Liverpool—Sept. 26-Ste»mer Ceylon, 5,9iS.
To Bremen— Sept. 27— Steamer Scottish Prince, 4,800. ...Sept 30—
Steamer Leit Erlcksou, S.OOf.
Norfolk—To Liverpool— Sept. 27— Steamer Hu?o, 5,291.
Boston- To l,iverpool-Sept. 23— Steamer Bosionian, 451
Sept.
Steamer Michigan, 30,"^.
To Yarmoutli— Sept. 30— Steamer Y'armouth, 3.
To ADnapoiia— Sept. 29— Steamer New Brunswick, 40.
Baltimore— To Liverpool— Sept. 25 -Steamer Q'leensmore, 60?.
To Hamburg-Sept. 27-8teamer Kussia, 250.
To Antwerp— Sept. 19— Sleamtr Rialto, 300.
29—
.
.
.
October
>
.
TH£ GHBONIOLEL
1890.)
4,
Ootton freiKhta the past week have been as follows:
Bahtr.
Hon.
ruM.
ITddHM.
•'.n
'31
3,,»
•aa
...•
•—
....
....
>4»*«
Liverpool, ateam d.
Do lato doUv'y.d.
Harre, steaiu
Do
Bremen, steam..
—
^a38
>ss
U-9H
....
....
....
>4»'t
....
••
0.
•a
^
•a
>fl
H
>fl
..••
....
.--.
....
....
....
H-aiia
38
»8
38
«8
....
%
....
40*
40*
.*.*
40*
40*
....
....
....
....
....
j«»»i«
»a«
»a«
"si
»3»
»sa
....
lmUroot..ii.
....
BeTal,ateam....(t.
....
....
....
40"
40*
....
....
....
....
....
Baroelona,8teuii 4.
Qenoa, ateam...(i.
>«
>4
>4
>4
>4
>4
'>»
^
H
H
>4
•4
Trieste, at«am...cl.
»i«
>ia
»32
Oia
"is
»ie
»1.
sail
d.
Antwerp, ateam d. <'.4«''m
633
»33
"sa
»3S
• Per 100 lbs.
LlYEitPOOL. By cable from Liverpool we have the following
statement of the week's sales, stocks, &o., at that port.
—
SejX. 12.
Balea of the
week
50,000
3,000
1,000
40,000
2,000
56,000
536,000
250,000
21,000
16,000
90,000
70,000
bales
Ot wUoh exporters took
Ot whloh apeoulatora took. .
Bales American
Actual export
Forwarded
Total Btoc!;— Estimated
Of which American—EsOm'd
Total Import of the week..
Of whloh American
Amonnt
afloat
0( which American
Sept. 19.
Sept. 26.
54.000
5,000
2,000
41,000
3,000
55,000
649,000
213,000
21,000
11,000
145,000
130,000
3
Oct.
55,000
4,000
3,000
40,000
4,000
56,000
572,000
237,000
82,000
69,000
145,000
130,000
61,000
3,000
2,000
45,000
4,000
63,000
483,000
199,000
48,000
44,000
180,000
165,000
The tone of the Liverpool market for spots and futures each
day of the week ending Oct. 3, and the daily closing prices
of spot cotton, have been as follows:
Saturday Monday. Tutiday.
Spot.
Wednu. Thurtd'y.
Friday.
Good
Market, (
Barely
1:45 p. M.J supported
Quiet.
Quiet.
5%
Uld.Upl'dB.
513,8
Bales
Bpeo. &ex];>.
6,000
8,000
8,000
14,000
500
500
500
1,000
Harden'g.
business
doins.
Better.
two leading operators. Prices are almost too high to encourage a " bull " movement, and there la too muob uncertainty about supplies for the coning year to justify " 8011112
short." Hence a "scalping" business on the rumir or conceit of the hour is about all that is undertaken.
Very little
has been done for export. To-day speculation was nearly at
a standstill, but prices ruled firm, and No, 8 red winter sold
for export at $1 08 afloat.
DAILY OLOSIMO PUOM Or KO. 2 XBD Wnmn WHIAT,
Bat,
Hon.
ruet. Wtd.
Thun. JH."
October dellvprj0. 101>6
lOO^ 101^ 101>g 101>4 tom
November dellvury
101 >9 10279 102>g 102\ 102^
Uecember delivery
c. 103%
102'^
104 ig 1037« 104
IS
1037^
or
January delivery
Mar
6%
5%
12,000
1,500
12,000
1,500
o. 108>8
deuTerj-
107>«
105
luo-e
1«
108
108>s
>s
105
luo
108I«
108i«
108%
108>s
Indian corn has fluctuated within narrow limits. The
maturing crop probably has not, and will not be, injure 1 by
frosts, but it was cut short by drought and unssasonable
summer weather fully 25 per cent, so that supplies mnst be
moderate for many montns to come, although a moderate
quantity of former crops is still in the hands of growers.
To-day the market was flrm, but export buying was very
slow.
DAILY OLOBINa PKI0B8 Or HO. 8 lOXBD OOBM.'
Bal.
Tua,
iron.
Wed.
Tkurt.
October delivery
c.
November delivery
December delivery
0.
c,
c.
M:iy deUvery
Oats show
and
active,
little
5514
6538
55^8
56>«
55%
SS^
55%
55's
53'9
SS^
56
66
66'4
tl^
55%
55%
63%
55'*
55'a
55'4
56>s
651^
56'a
change, except that speculation
587g
is
more
buying shows some increase.
local
DAttY OLOSIRO PBIOlia OF HO. 2 iaXU> OATS.
Sat.
Hon.
Tuet.
Wed. Thun.
October delivery
c. 44>4
44
44
43%
43%
November delivery
December delivery
c.
0.
0.
Maydellvery
4458
45>8
4678
4414
44%
44%
41%
45
45
4678
46%
46's
4m
44%
46%
43%
44 >i
45
46%
flrm but quiet. Birley is held higher for choice
samples, but trade is slow and quotations are nearly nominal.
The following are closing quotations for wheat flour in
barrels. (Corresponding grades in sacks sell slightly below
is
these figures):
i
Market,
F.
from one day to another showed no material dflolina. The
d.pression is greatest in the hlghgrades of bftken' and family
flour, patents HufTering most.
To-day the doprewlon contiiiued, with rye fl jur and corn meal nearly noinln»l
buckwhoat flour lower.
The wheat npeculatlon has been notably lacking of Ite aO'
cu.stomed spirit, When anything of moment was done, It
was little more than the manipulation ol the market by one
Rye
ttlures.
1:45
469
;
"aa
>««»9
Indlreot.C
Hambarg, steam.c.
Do via IniUreote.
Ajnst'd'm, ateam .&
Do
fW.
••
»ia»«li
Do
Do
Thurt.
e.
e.
sail
—
,
Kasr at
2-64 de-
M.
Steady
cline.
Market,
4 P.M.
Quiet.
ai
Steady at Steady at
iTTeg. at
partially
1.64 adv.
1-64® 2-64
Quiet and
Barely
Barely
steady.
steady.
steady.
Steady.
1-64 ad-
(artiailT
61 adv.
advance.
vance.
Very
Steady.
steady.
rLOUB.
?2 70a>$3 25 Patent, winter
95 259^5 60
3 309 3 85 City shipping, extras. 4 85 » 5 00
Buperflne
3 809 4 00 Bye flour, superfine.. 3 60 • 3 90
Extra, No. 2
Fine
4 259 4 50
2 50»3 00
Extra, No. 1
4 50® 4 75 Oom meal
Clears
Western, <feo
6 20*535
2 75» 3 00
8lrulgbta
Brandywlne
5 65» 6 90
8 20e 3 25
Patent, spring
UN.
Jom, per bush.—
0.
0.
WheatWest'n mixed
54 9 56
Spring, per bush.. 1 00 «1 15
West'n mixed N0.2. 5S>49 S5%
Bed winter No. 2 101is»103
Western yellow
92 «105
56 » 67
Bed winter
Western white
95 9105
55 9 68
White
Oat8-Mlxed..» bu. 41 • 43
Bye—
White
43 » 63
western, per bash.. 67 • 72
No. 2 mixed
43ifl9 44it
State and Jersey .. 68 « 73
75 « 87
No. 2 white
45 9 46
Barley, Western
»
97
87
Barley, Canadian
V
Fine
bbl.
,
The opening, highest, lowest and closing prices o( futures at
Liverpool for each day are given below. Prices are on the
b isia of Uplands, Low Middling clause, unless otherwise stated,
^** prices are given in I'l^'^ce and Glth.
Thus; 5 63 means
5 e3-64rf., and 6 01 means G l-6kd.
tW
Men., Sept.
Sat., ^ept. -ir.
Toes., Sept. 30.
'i9.
Open' mgh' Low. Clo$. Open High Low.'Clos. Open\High' Low) Clos.
I
d.
September.. 5 41
!
a.
d.
d.
6 44
5 44
6 40
6 40
6 37
6 44
6 40
6 40
5 38
8ept.-Oot...' 5 40 5 40
S 40 |5 40
October
Oct.-Nov..'.. 5 37 5 38
!
d.
!
1
6 41
Mch.-Aprll.. 5 30
April-May.. 541
May-June... 5 43
,
I
June-July... 5 4&
6 37
6 37
6 38
5 40
6 37
6 37
6 38
538
639 6 40
648 6 41 5 42
6 44
5 46
5 4a
;
Wed., Oct.
d.
5 42
6 39
5 41
6 42
d.
d.
5 44
6 41
6 44
5 42
6 42
6 41
638 6 39' 6 30 510
5 37 638 5 37 6 38' 638 5 30
638 6 30
5 37 638 5 37 5 38
5 37 6 38 5 87 5 38' 539 6 39
538 640 5 38 6 40 6 40 6 40
6 40 6 42 6 40 6 42
642 5 42
538
636 6 37
536 6 37
5 37
d.
1
]
Nov.-Dec... 5 36
Dec. -J an.... 6 36
Jan.-Feb.... 6 37
Feb.-March. 5 38
d.
644 5 43 644 5 45
641 5 42 6 41 542!
5 42
5 44
6 43
544
646
6 42
6 44
6 46
6 47
5 46
6 43
515
6 44
5 46
6 47
6 46
Thara., Oct. 9.
I
5 41
5 16
5 48
d.
6 44
U 41
'
5 40
638
6 37
6 37
5 37
6 39
5 10
6 42
6 14
5 46
.
d.
44
42
41
38
37
6 37
6
5
5
6
6
538
6 39
5 41
5 43
5 45
6 47
Fri., Oct. 3.
The movement of breadstuSs to market is indicated in the
itatement below, prepared by us from the figures of the New
first give the receipts at West7ork Produce Exchange.
am lake and river ports, arranged so as to present the comparative movement for the week ending Sept. 27, 1890, and
since Aujtust 1, for each of the last three years:
We
Steeiptt
ot—
Uiiwankee..
Dolnth.
Minneapolla.
d.
October
6 42
Oct.-Nov.... 6 39
Nov.-Dec ..
Dec. .Jan
Jan'.-Feb ...
Feb.-March.
Wch.-AprU..
April-May..
May-June...
June-JiUy...
July-Aug...
Bigh\Low:
d.
6
6
6
5
12
39
89
89
538
538
639 539
6 40 BIO
512 612
611 611
616 616
618 518
660 6 60
d.
1
5 12
6 39
6 38
5 38
I
1
Open High Low.
Clot.
d.
d.
612
6 39
588
638
688 639
610 J610
612 512
5 41 611
616 516
j
\
6 48
5 60
6 48
6 60
I
d.
d.
Oios.
d.
Open High] Low.
d.
d.
d.
613 641 6 43 611
6 40 6 40 5 40 610
6 89 5 40 5 39 610
639 6 40 639 610
689 6 40 6 39 610
641 6 41 6 41 611
643 6 43 513 613
645 6 45 5 46 515
6 47 6 47 617 617
6 49 5 49 619 6 49
615 5 46 615
511 6 42 511
511 641 511
511 6 41 611
511 611 6 41
642 6 43 5 42
6 41 616 644
6 46 518 518
6 48 518 6 48
550 660 560
6 51
6 62
6 61
6 51
6 61
6 62
6 62
d.
5 45
512
5 41
611
611
612
614
5 50
6 52
Barl*}/.
11,230
til
677,614
835,830
64.86S
37,180
7.120
1,081
4,476
41,207
108,100
191.885
iii,on
1,203.870
71,000
2,013.811
741,7171
141,487
23.256
88,925
2,550
3,009,323
3.4SS,01l
2,613,008
wk.'89.
255,416,
268,ia7|
2,93),;58
1,868,273
wk.'SS.
276,035
2,953,528^
8,181,351
2,606,163
914,206
10,910,200
20.005,118
18,153.051
8,4«73W
S68.345
9,340,762
2,934,254
1,180,900
1,936
,
Tot-WtW.
8in«< Aug.
1890
1889
11,150'
23,391
180,070'
18.5 je
185.T«9
83.0M
660,000
193.200,
2.176,171]
l,&13,827
69r,»37
1.
1,868,029
18,777.679
1,786,348
25.028,053; 26,270,719
1,878,612: 26,878,646, 18,478.8861 19.273,80l'
*
Bin.
78,721
61,677
101,300
232.895
Ib.OOO
5 46
618
308.018
168,300
1,339
.
Oleveiand. .
St. Look.....
Peoria
Same
game
Oatt.
1,298,700
Toledo
Olos.
Oom.
Buth.eOD» Buth.B«lbi Bxuh.S»lb>\Buth.iliU» Bu. 06
90.335
43.326
•81,118
Onioaffo
Detroit..
iOpen'
Wheat.
JTour.
BI>I<.196U>f
1.490,518
Five days.
Below are the
rail
shipments from Western lake and rirer
ports for four years:
Aug.-Sept...
1890.
BREADSTUFF S.
Friday, Ootobor 3, 1890.
The market for wheat flour has been dull and prices were
weak and unsettled until at the close the leading grades are 25
@50c. per bbl. under those current three or four weeks since.
This reduction in values has been reached while the market
1889.
1888.
Week
1837.
Week
Week
Week
Sept. 27.
Sept. 2S.
Sept. 29.
Oel. 1.
179,672
Flonr
bbls.
237,930
109,507
3a2,511
Wheat
bush.
631,637
453,802
832.592
230,596
1,510,247
312,444
47,968
506,973
339,379
883.534
320,594
82,616
419,492
103,931
961,292
452,033
13,81S
2,782,415
2,133,096
8,111,868
2,261,149
Com
Oatt
Barley
Bye
Total
1,430,594
404,237
42'.).'?27
.
,
1
THE UHRONICLK
470
The receipts of flour and ^rain at the seaboard
week ended Sept. 27, 1890, follow:
Corn,
Wheat,
Flour,
AtHewTork
bbU.
139,432
Boston
60,560
Montreal
20.002
PliUadelpUa.. 10,535
Baltimore.. .. 60,169
Blohmond ....
7.700
NewOrleanB.. 17,843
bush.
1,130
67.175
18.3G6
67,249
18,468
Barley,
bush.
Oats,
bush.
bush.
146,200
ports for the
580,000 32,400
179,730
6,420
102,769
102,000
15,300
67,098
528,150
189,290
314,377
196,016
81.175
23,506
280,231
Total week.. 316,241 318,588 1,612,795 1,053.317
Cor. week '89. 328,845 1,285,821 2,627.845 1,411,491
bush
packages, valued at |365,287, their destination being to the
points specified in the table below:
New York to Skpt
854
1,000
32,400 14,974
15,800 44,195
—
Com.
Vheat.
ftOffA
Bwh.
irewTork
66,438
Boston...
......
......
Flour.
Buth.
233.832
174,527
BbU.
49.165
31.595
OaU.
Bush.
4,053
......
......
......
8.146
2.148
50.619
250
••>•
40.000
3,000
159,163
25.000
71.163
63,610
117,490
727,295
142,320
4,303
237,343 1,090.641
238.790
22,519
Montreal.
Pklladel.
Baltlm're
8,002
K. Orl'ns.
Bf.News..
Bvt.
Bush.
Peas.
Sunn.
4,708
Great Britain
925
Other European.............
961
China
1,292
373
96,938
54,300
3,293
106,016
45.235
12,487
151,238
3,293
151,251
207
2
657
96
314
--....,...,....
13,268
S'me time
1889...
30,380
28,721
The visible supply of
grain, comprising the stocks in granary
at the principal points of accumulation at lake and seaboard
ports, and in transit by water, Sept. 27, 1890
In store at—
NewYork
Do afloat
Albany...
BaffUo
Cliioago
Milwaukee
Dnluth
Toledo
Detroit
Oswego
Louis
Cincinnati
8t.
Boston
Toronto
Montreal
Fhlladelplila
Peoria.
Indianapolis
Baltimore
•Minneapolis
Paul
On Mississippi ...
On canal A river.
Wheat,
bush.
1,633.588
8.000
Com,
Tot. Sept. 27.'90. 16.829,828
Tot. 8ept. 20.'90. 17,594,239
Oats,
bush.
291,478 1,113,148
bush.
149.700
47,000
962,998
698,746
4,923,012 2,690,397
201,013
1,100
991,649
171
1.365.810
162,163
15,S.39
434,277
40,000
50.000
2,744,305
257,141
21,000
30,000
1.254
295,027
49,880
80,306
18,390
236,346
310,547
7,552
141,692
248,455
7,114
983,238
144,133
1,010,542
35,000
229
121,341
683,374 2.011,985
168,000 1.195,200
135,100
97,410
959,604
1,805
36,575
57,077
JZye,
bush,
15,399
'2i',5bo
19.722
335,686
79,054
2,500
357,7>-:4
251,577
330,927
3,675
72,269
520,000
8,874
34,000
125
42,998
19,858
"7,732
"i'8'3'2
284,768
41.000
81.725
3,831
23,342
157,939
285.180
16.361
108,047
2,939
'14,362
'57,305
'.'.'.'.".'.".'.
".".'.".'.'-'.
567.954
92,500
48,057
384,191
344,300
8,639,264 4,123,610
8,506,835 4,179,747
1,000
Minneapolis
400
676,371 2,381,676
539,905 1,344.470
week 901,149
The value of the New York exports since January 1 have
been |5,446,322 in 1890, against |6,343,743 in 1889.
The demand for staple cotton goods by the home trade was
chiefly of a hand-to-mouth character and moderate in the
aggregate, but exporters and converters continued to operate
freely in some descriptions.
Coarse yarn brown sheetings
are largely sold ahead for export, and prices remain firm, but
fine browns are a (rifle easier.
Bleached goods were less active,
Print cloths were more active and closed steady at
3 5-16c., less one per cent, to 8 5-16c. flat for 64x64s and 2%c.
for 58x60s.
quest.
stock of Print Cloths—
Held by Providence manufers
Fall Elver manufacturers
Pro vldenoe speculators
Outalde speculators (est)
Total stock (pieces)
York. Friday
1890.
1889.
Sept. 27.
Sept. 28.
455.000
325,000
None.
7,000
216,000
30.000
None.
7,000
1888.
SepL 29.
13,000
14,000
None.
1,500
787,000
253,000
28,500
FoKEiQN Dry Goods.— There was a somewhat freer defor imported goods at first hands, with considerable
transactions in some descriptions, and the passage by Conbill has imparted great steadiness to
line.
The joboing trade in the regular
"
way was fair, and job " lots were distributed with considerable freedom by some of the leading houses.
gress of a higher tariff
values
along the
all
Importations of Dry Goods.
The importations of dry goods at this port for the week
ending Ojt. 2, 1890, and since Jan. 1, and the same facts
for the corresponding periods of last year are as follows
Silk
i
Manuf
Flax
Cotton
Wool
o
Mlscellaneo
s
P. M., October 3, 1890.
in particular were noticeably active in commission circles,
and'there was a good business in fancy dome's, fine woven
shirtings and cheviot-), specially adapted to the requirements
of the manufacturing trade. Jobbers were tne recipients of
numerous re- orders from interior markets a pretty sure indication that fall goods are passing into the caannels of consumption, but the demand by retailers on the spot was only
—
moderate in comparison with preceding weeks.
Domestic Woolen Goods.— Men's- wear woolens have displayed a little more animation in first hands— a fair sprinkling
of out-of-town buyers having appeared in the market— but
the volume of business was by no means large. The enactment of the new Tariff Bill has rendered pricfs of clothing
woolens very firm, but no immediate appreciation in values
is anticipated.
Light-weight ca8^imere8, cheviots and worsted suitings were in moderate request, and deliveiits on account of back orders have already been commenced on a
fairly liberal scale.
Heavy woolen and worsted suitings commanded a fair share of attention, and there wasamoderate call
for duplicate parcels of kerseys and other heavy overcoatings
by the wholesale clothing trade. Satinets were fairly active
in movement, but the demand was moderate, Wi ile'doesliin
jeans ruled quiet in fiiet hand's, and there was an irregular
business in cloakings, stockinets and Jersey cloths. Urtss
goods were in steady demand, as were flannels, blankets, carpels and shawls, but selections by package buyers averaged
ff
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Spot goods of a seasonable character were only in moderate
request at first hands during the week under review, but a
lull in the demand at this time of year is generally expected
by commission houses and importers, and therefore causes no
uneasinees whatever. There was an unusually good demand
for certain spring and summer fabrics by large jobbers and
the manufacturing trade, and orders in this connection were
placed freely for later delivery. Woven " wash " dress goods,
white goods, black cotton dress fabrics and light underwear
:
a
a
THE DRY GOODS TRADE.
New
11
275
116
261
256
47
mand
3,008
(last
311
8u0
From New England mill points direct
20',760
6,016
7.326
1 418
33,386
4,502
6,166
3,701
11,090
3 154
5,092
28,903
2,278
3
1,183
and there was an irregular demand for colored cottons,
with most relative activity in descriptions especially adapted
461 for the manufacturing trade. Prints were in light demand,
10.000 but woven spring " wash " dress fabrics were in brisk re-
Barlei
bush.
Tot Sept 28.'89. 17.853,213 12,933,898 5,739,612 1,552.456 585,559
Tot Sept 29,'88. 31.509,963 10,048,020 6,914,960 834,463 364,438
Tot Oct 1,'87. 30,596,777 7,087,448 5,177,636 321,962 1,128,358
* Exclnelve of Union Elevator at
busbels) declared li regular.
Total
...'
32
1,662
Total
China, via Vancouver
*
Biclun'd
Tot. week.
South America
Other countries
•
30
6.489
5.998
India
Africa
West Indies
Mexico
Week. Since Jan. 1.
1.
5,496
2,370
34,032
2,555
7,487
4,807
11,246
1,505
3,896
21,059
2,435
Arabia
8,528
647
1889.
Week. Si)iee Jan.
Central America.............
aaporu
light.
1890.
30
10',856
several seaboard ports for the week
ending Sept. 27, 1890, are shown in the annexed statement:
OnLakes
DOMESTIO Cotton Goods.— The exports of cotton goods
from this port for the week ending Sapt. 30 were 6,488
i'obo
1,270
The exports from the
8t.
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