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HUNT'S MERCHANTS' MAGAZINE;
REPRK3ENTINQ THB INDUSTRIAL AND COMMERCIAL INTERESTS OP THE UNITED STATES

VOL

NEW

43.

YORK, OCTOBER

9,

DIAMONDS'.

I

Un
Im
—«*
rammi

^*0r

I

MaU

•«

&

Alfred H. Smith
Tali,

mt

H

EiKauTcsri AjfD

Co.,

IMPORTERS,

IM^

>»r*L

182 Broad wsy, Cor. Jokn Street

or

BONDS. POSTACK A RKVENUK STAMP*.
LCCAL TCNDCn AND NATIONAL BANK
NOTES of the UNITED STATES; and for

M

i

l»«l
— «<U»fl»|IH.

^•riM|i«H>

W«rk giM * ««<

I1<1<

I

•AFETV COLOMS.

Ij

BA.VKBR A.VD BROKKR.

GORHAM MTg

Co.

BrsAdway and Niaeteentli

Street,

Ihr

UAWSS

AJID 9

Pln»M*rB*a41aa>.

LANK.

EVEKV OESCWPTM

AUOn •. MOSUL.
1 ACOONOUQH.
AAA

P.

H.

:

Co.,

BOSTON.

......

.

.

Btroota.

Naw York Stoat Bxchaaca. IMMarohanta* Kzcbanga Natloaal Bank,
Aaarlean Barlmt Bank, Amartoaa 8ata Dapoalt
Oompaar, Ao„ Aa.
Baoanttaa boniiht aad aold oa ooamlialon. for
CMh or on aiarsln. All loqolrlaa iratnltoiulr raapoodadto, Oor<aapondaneaaolicli*d.
Manbar

of tb*

of

H.

B. Hollins

&

Co.,

eoaDtrr

Bank and Baak of Hotth AmarNatloaal, CkioMai M*t-

Tt

A

T4

BROADWAY, NKW TOBl

'

CoBaaapoNDkMTa

•r1«aNM

llaBkan H.
.

Broad or S9 Wall

loWMt nta*. AeouooU o( Baoka, Marataanu uid

Maverick National Bank,
OAFrrAt.,
Bl KFLIJS,

&

Wuu. I'aakMr.

w.

J.

8*5

(Bbahcb ornci. HO BaoAOWikT.)

B R8,

ILWAt'KKK, WIS.
COLUKnuMB Bad* In mat tnt of lb*

FREEUNO. Sacfraa^Ti

ruma. f>rwx

Bros.

BA N

SHEFARO.
TOURO ROBERTSSa.
A. B.

V. M. SMILLIC.
THCO.

Houghton

PraMaL

V!'-E.rSISU)CXT^

Noa.

r««tor

i

MOKSOr

Toi k

F. E. Trowbridge,

BAiLWAT TirKCT* sf iimMrED arruib
ab«« c Mt% I itili, r»l»«a n*
BLANK

D*poalta raoalrad aabjaet to Draft.
Intaraat allowad. iBTaatmant •aeonua* a •paalalty
laaaa a naaaatal Baport waaklr.

SOLID SILVER.

•AFKTV PAPERS*

la

la

Wa

•«

4

wld on Commlaalon,
mib1b« Blaaka,aDd la Daluiad
Baeaittla*. OoUaatloaa aada and toaaa aacotlawd.
Dtrtdaada and Intaraat aollaeMd.
Btoekj aod Bond* bomibt and

Ordan laealTad

JM. a Walcott,
i MaBban of tba Naw
atock Baehaaa*
r>A»K F. Dic«iirat»».t

forign Covernmants.

ENCRATING AMD PURTIHO,
BAXK NWTca, tmxMK onmncATKa
r*N ••TKK.^MKjrra A<>» OAsrouATioMa,
•mArra, caMsa, Biixa cr r.Mii«>bK.
•TAMPa^ *•, U Ik* S»»«t
BMt •rtUUo M/ls
rSSlI WTKMt. rLATU,
OAK atiaaiiaaa m ramsT iwi mmiifc

Co.,

BANKKRS AND BBOKBB8.
IVo.
PlB* Btract, ReBr Tork.
Trsnaact s Beaersl BAnkiBg BiuiBen

78 TO 86 TRINITY PLACE,

YORK.

&

C. Walcott

J-.

Bank Note Company,

1,111.

'gixmncisCU

AMERICAN
Iimi

NO.

^iuauciat

^ttuitucial.

NEW

188&

•400,IMM
4eo,««o

T.

and Phlladalphia Htoak Knhaiiaaa.

&

H. Taylor

L.

Maaan. B. W.

CLARE A

CO..

I

p-,,

DBVBM8 A TUCKBHMAN,

Co.,

.

._ -_,

Boarolt.

a. Choobb OAmtMt,
Matkaad C. Braa.
niHBT II. DOOOB. WaablBSton. O.a
TltATBBa,
Spaolal
Partoar.
Wm. R.

JAaaa WarraLT.

BANKERS,
S.

Floyd-Jones

&

Robison,

ARKKRS AND BBOKKR8,
!*••

Wm.

c

Ba^

T*rk.

aa« D. B. Oararaaaa
Boaabt aaA SoM oa
twl
FulTD^rQ»aik
William tux

MawtawWaSToTtBtoat

A. Kohn

J.
IS

Raw
ro—

• KZBkaac* c«art.

SMMik

BBOA*

ST.

T.

•<

TINKER * WESTOM,
AKD BBOUUiB.

BZOHAKOB

OOt7BT,

Haav T*rtl.
Tnraca. Maatar M. T. Btoak Baah.
aaaai laa wa»w»»

BBnrr

C.

STOCK BKUHER.
Lansdale Boardman,
BRW YOBB,MBROAIiWAr * A ITKW BT.
TBOV,

n. T., Bo. 17
:

mart btrket.

prtvatawtrai

'"J-m

Prince

"-^irNSfaSvl^f"
atMotiun ii.»n tu Inroraatloa
Paitlaalar

laaardlaa

Bar and tall on ooaunlaaioa aJI eiaaaaa of Railroad
4*aw1uaaLalao Orsln and Prortalon*.
PrlraU Talagiapb wiraa to Pblladalpbla, Wllailac.
oa, BaltlBor*, Waablndtoa, Brldaaport, Naw Haraa
Boatoa aod Pttiabara-

Yurk. BalumoraaadoUiarplaoaa

&

S. Ives

all (hotniiaa

m:

t<

HASBAD
P. O.

ST.,

BOX

Co.,

IfBW YORK.

l.«aL

a (•naral bankinc bulnaaa. Inoladlna tha
aad aala of MoartUa* lutad at Lb* N*«
TorkBUiek Kxobaoc*. or la th* opao markat.
BaaalT* dapnalt* nb}*«t to abaek at atabt aod
allow loi««>ton dallr balanoaa.
OoT*niiB*nt, But*, rnantj. CItr aad Rallraad
laBtlir oa hand for aala or azcbamta, aad
liiiiaaan

lalM IHiilliin r~"~ to tha tabjaot of UtTaat.
tar laaUtatlooa and traat faada.

Joaa Ho»aw> t.«Taaa. raanaaioK W. Pbbbt
Maabar of N. T. Stock Kzahaoaa.

J.
N*. a

H. Latham
ClflTED

WALL

BANK

&

(Bank of Naw York Bulldlni).
Boodi and Stocks bonabt aod aold at tha Ifaw
Tork Stock Kzcbanse.

BO.ND8

W. H. Goadby &

Bollaltad.

Co.,

BANKERS ABD BROKSBB,
Ifo. S4

BROAD 8TRBE1.
Now

York.

SpeclalUtB Id Railroad BoDds.

Buttrick

NBW TORB.

Boaida aad ForalaB Biohaaaab

AND INVB8TMBNT SBCURITIBB FOB
8 A LB.

Co.,

CItr. Ooaatr, Btata, Rauraad, Dtetnat of Oolnaikla

Oomapoodaaaa

William T. Meredith,
48 WALL BTRBKT,

BlIILDraO,

HTHKBT,

Whitely,

N*. *4 BROADWAY, NBW YORK.
Bbasob orricaa } aae isth St.. Waablnatonrb. O

Inrestment tfecantlaa.

Naw

&

aad

n' —g'-

BANKERS,

forricn KxrhanKC.
FrlaM laTcaiMral B*a^ a Mvcdaltr.
••lara la lac«llaaaaaa a«aarlUa«.

BAJIKJBR8

Diveana raMrad «abj«:t

Henry

(IfiLLa BuiLODra), If.

Sta.,

PHILADELPHIA.

Co.,

Mamkara of !(•« York Btoafe Bii*ani»
BxacBl* Order* In Boada, Sto«ka

B*. »

C«r. Third aad rkaataat

PrlTatawlr* to

Biiryinai

&

W.

18

&

Elliman,

WALL STRBBT, NBW TORK.
OOBBEBPOMDENCB

IBVITJED.

THE CHRONICLE.
gaufejers

&

Morgan

Drexel,

gt:awjers 0f l^oreifltt

awjft

Co., August Belmont

WALL STREET, (X)RNER OF BBOAD,
NEUr YORK.
Drexel,HarJe8 & Co
Drexel & Co.,
PARIS.
PHII.ADBI.PIUA
DOMBSllO AND FOREIQK BANKERS.

Securities
DepoBlts received subject to Draft.
bouKnt und sold on conjmleslon. Interest allowed on
.Deposits- KorelKn KxchanKe. Commercial Credits.
Circular Letters lor TraTelers,
Owle Transfers.
arailable In all parts of the world.

&

Brothers
NEW YORK.

Co.,

Boston.
tt

SONS

BALTIMORE.

Bny and 8ell Bills of Exchange
ONGKBAT BKITAIN AND IRBLAND, FKANCB
OKRMANY, BKLGIUM, HOLLAND SWITZERLAND, NUKWAY, DBNMAUK,
8WKDBN AND AUSTKALIA.

ne Oonunerclal

ion

&. Traveler*' Credits
aTEHLiNa,
any part of the world, In FBAN08 for

ATallable In
ate In Martinique and Guadaloupe, and In dollars for
ate In this and adjacent countries.

Telegraplilc Transfers of Money
tlii» Couutry and liurope.

itetweeu

COLLECTIONS OF DRAFTS drawn
MAKE
points in United States and Canada,
abroad on
all

In the United States on
foreign countries

and of drafts drawn

and their London house. Messrs. BROWN, SHIPLHT
A CO., receive accounts of American banks, flrmB
and Individuals, upon favorable terms.

J.

&

j.

& W. Seligman &

&

Stuart

J.

Kennedy Tod
No. 63

EDINBURGH AND BRANCHES;
ALSO,

&

Co.,

No. 32 Nassau Street, Neir IToik.
No. 4 Post Office Square, Boston.
Circular Letters of Credit for Travelers'
broad against Cash or Satisf actor>

Use

Guaranty of Re-payment,

BxehanKe on London, Paris, Berlin
and Znrlcb.
CKIOIT8 OPENED AND PAYKENT8

Paris

MADE BT CABLE.
& CO.

Bouse—mCNROE

Schulz

&

Ruckgaber,

BANRfiRS'
39 VriLLIAim STREET, NEIV
(Limited),
•rs.

London.

HUTTIMULER

TVUUam

DRAW ON

THE UNION BANK OF LONDON

BANKERS AND BROKERS,

4

&

BANKERS

Railroad Stock

AND

6

KIRK,

A.

RROAD STREET,

NEVr YORK.

Geo. H. Prentiss & Co.,
No. 49 WALL ST., NEUT YORK
AND
*08

mONTAGVB ST., BROOKLYN.
OAS STOCKS
AND

OAS SECVRITIBS,
Street

Railroad Stocks and

Bonds

aND AUi KINDS Of

BROOKL.YW SECURITIES
DEALT

IN.

aaa gas quotations in this paper
OBO. H. PKBNTISg.

W. D. PRKNTI88. W. W. WAL8B

Member N.Y.Stock Exch.

BRITISH LINEN CO. BANK, LONDON AND
SCOTLAND.

WML.

C

No. 96

Co.,

NO^iTES,

BROADWAY,

DEALER IN

CITY RAILWAY STOCKS,
Ain>
GJ^AS STOCItS,
COMMISSION MERCHANTS, TRUST CO.'S STOCKS'
22 L& 24 Excbange Place,
TEL.EGRAPH STOCKS,
New

Bank

York.

bills of exchange, letters of credit,

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

Kidder, Peabody
1

&

Co.,

FOREIGN BANKERS,
Nassau Street, New York,
118 Devonshire Street, Boston.

ATTORNEYS AND AGENTS OF

Co.,

Members of the New York Stock Exchange
IN FOKKIGN KXCHANOE, GOVERNMENT
AND OTHKK INVESTMENT BONDS.

DBAUB8

New York.

Maitland, Phelps

Land

BOUGHT AND SOLD BY

>& CO.,

Accounts and Agency of Bf..nkB, Corporations
firms and Individnals received upon favorable terms
Dividends and interest collected and remitted.
Act as agents for corporations in paying coupons
and dividends; also as transfer agents.
Bonds, stoclis and securities bought and sold on
commission, at the Stock Exchange or elsewhere.
Sterling Exchange and Cable Transfers bought and
old.

Commercial and Travelers' Credits.
of Exchange.
Cable Transfers.

&

Exchange on

Street,

Oliio Central

TOBEV

John Paton & Co.,
SUCCESSORS TO
JESUP, PATON & CO.,

Hamburg^.

Unger, Smithers

&

Co.,

MELVILLE. EVANS & CO.,'jLONDON.
(, n^nn^
C. J. IIAMURO dt SON,
MARCUARD, KRAl)S8 & CO., {1-AK.lS.
ip.niM

Jobn Berenberg, Oossler & Co.

nessrs. narcuard, Krauss & Co., Paris

&

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

YORK

COBRK8PONDKNT8 OF THE
>tternatlonaI Bank of London

Texas & Pacific Income and
Grant Scrip.

WILLIAM STREET,

Sell Bills of

RR.

Bonds, all issues.

and Scrips.

Offer Investment Securities.

CABLE TRANSFERS AND LETTERS OF CREDIT.

John Munroe

^peci^iX IttUjestmetxtB.

BANKERS.

62

NATIONAL BANK OF SCOTIiAND,

ALL PARTS OF THE WORLD, ON
C J. Ilambro it Son. London.

Vegsra.

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

COl7NT¥ BANK,

BELFAST, IRELAND;
AND ON THE

ISSUE COMMERCIAL CREDITS, AVAILABLB
IN

ALEXANDER BARING.
Toledo
Member N. Y. Stock Exch'ge

Kennedt Tod.
H. O. NOBTHCOTS.

J.

"LIMITED,"

VliSTER BANKING COHIPANK,

BBS' CREDITS.

York.

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

PAYNE & SMITH'S,
A:

BUY AND DRAW BILLS OF EXCHANQB,
MAKE CABLE, TRANSFERS. ISSUE TRAVB1»

ALSBBKG, GOLDBERG & CO., Amsterdam.
ALTMAJS A STKTTUEIMKR Berlin,

Co.,

MANCHHSTBR, PAYABLE IN LONDON

NEW YORK.

Place,

FOREICBT BANKERS.

Issne Letters of Credit for Trayelers American Bank Note Co.'s Stock.
On SELIGMAN BKOTIIKRS, London.
SELIGMAN KKKKKS & CIK. Paris.
Detroit Mackinac & Marquette
SELIGMAN A r-TKTTUKlMER, Frankfurt.

BANKERS. LONDON

HANCBESTER

Co.

Exchange

Cor.

BANKERS.
23 BROAD STREET,
New

J.
NASSAU STREET.
BILLS OF EXCHANGE ON

Bills

Bills

No.

S3

SiniTH,

luae

ovjii,

AND TUKIK COBHESPONDENTS.
of Exchange on, and make Cable Trans
Eng land, France and Jiermany^

Draw
fe ni to,

ijy

make

all

S. AE. de RothHchild, Eaq., Vienna.

AND

AI.BXANDBR BROVTN

Ickelheimer & Co.,
WILLIAm STREET,

20

available In

parts of the World, through

OLD BROAD STREET, LONDON.

Phila.

Co., Heidelbach,

No. 12 Pine Street,
IBSDB TRAVELERS' CRKDITS,

ATT0RNKT8 AND A0KNT8 OF
meur*. J. 8. inUROAN & CO.,

Brown

&

XLn.

l^xcltaiiflie.

BANKERS,

Messrs* N. IVI. UolhHchlld Ac !<4onH, ijondon.
"
de Kollinchilil Hron., I'aria.
31 BonleTard Baaaamanii,
"
H. A. rie KoihachildAcBlans. Frank-

Oor. of Btb & Chestnut Sts.

Wo. 22

[Vol.

In

Stocks, Insurance Stocks.

my quotations

of Trust and Telegraph Stock*
Saturday's Eventno i*ogt and DaUv Indicator.

See

E.

S.
51a

Bailey,

PINE STREET.
DEALINGS IN

INSURANCE STOCKS
A SPECIALTY.
Cash paid at once for the above securities : or they
wUI be sold on commission at seller's option.

raemplils

&.

Little

Rock RR. Bonds,

& Tenn. RR. Bonds,
BARING BROS. & CO., London msa.
Carolina Central RR. Bonds,
Ga. mid. & GnU Railway Bonds,
COnEiHERCIAL CREBITS,
Atlanta & Charlotte A. L. R'y Bonds
Clrenlar Credits
Travelers.

Messrs.

for
RIenipIils Sc Cbarlestou RR. Bonds,
STERLING LOANS A SPECIALTY.
44 IVall St. and »3 Oreeue St., N. Y. Oablb Transfers and Bills of Exchange on And iniscellan^oas Securities,
BOUGHT AND SOLD
Buy and sell on commission, loir Investment or on
Great Britain and the Oontinent.
~^%rgln, all securities dealt in at the New York Stock
Bjr R. A. LANCASTER ic CO.,
cchauKe.
10 Wall Street.
KOIJNTZE
Canadian Bank of Commerce.
BANKERS,
IF YOU WANT TO BUY OR SELL ANY
120 Broadway, Equitable Building, New York PUTS OR CALLS (IN STOCKS ORBOND*
Capital, t6,oao,ooo.
Surplus, tL600,ooo.
write to, telegraph to, send lor, or call on,
LETTERS OF CREDIT AND
J. H. eOAllBY & B. E. WALKER,
H. w, rosknbal'm,
CIRCULAR NOTES
HO V.xchiiiigf> ptnrp, New^-Yorli.
JOINT AGENTS,
Issued for the use of travelers in all parts of the
for mv new Circular lust Issued.
Send
1« BXCBANUE PLACE, NEfVYORK world. Bills drawn on the Union Bank of London.
transfers made to London and to various
BUT AND SELL 8TKHL1NO KXCHANOE, CABLE Telegraphic
iilaces in the United Stat«8. Deposits received subTRANSFKK8, ETC.
Gas, Insurance, BnnkH. City Railroad*.
eot to check at sight, and Interest allowed on balISaOB COMMERCIAL CREDITS, AVAILABLB ances.
Government and other bonds and investmeni &c. Send for list pnblihlietl Mondays.
IN AXOi PARTS «* TUB ^OBLD.
J. P. WINTRIAUUAM, 36 I'lne St., N.Y.
•MnrlUea bonsiit and lold on ooouuiulon.

BROTHERS,

October

THE CHKOWICLE.

9, 18WJ.]

^cm

l^nuliers aufl Broilers in

Fred. H. Smith,
BANKER * BROKER,
No. so BROAD NT., NBW VOKK.
PaiTwuitT TMn' upancooa In KaUnxd Bonds.
-^
IHifrMir «o ttj or mU UBOTiraBt ~

JM

mSSSttarcSnottmlSSgST^

t.

TovxnjcD.

LAirBna

Jxo. P.

TomnKXD,

&

Townsend
If*.

& WAMxmvKi.

SrtMk

D flT«a

&

Carolin

raoelTed and

IMTBBBBT

allowed oa

OOVERNMBNT. MCNICIPAL

S. M.

York.

DBALBKa IN

and

Bay aad aell on Commlaaloo. for caah
all

Soearltlai.

PrlraU lalearapb wlraato ProTtdaaoaaad Boaton

TAIMTOR.

aaeoHUaa dealt

Intaraat allowed on dally balancea.
All depoalU anbjeot to oheok at alcht.
Partlealar attanttoa to order* br mall or telaaram

L'HUnjBB.

F.G HOLUXS.

C. J. Turner,
(It Taafa'

Mambarthlp

the N.T. Stock Bzohaaaa)

In

towht

Harrow.

—4

aoM oa

On— Iwliia. (or Caab

&

Wood, Huestis
PIKB

81

or a*aa

ITKW YORK.

flTTBEET.

vcoaaoaa to

DATIS.
WOODaO *
M«aMMa IMad

WALL

11

WOUU.
B.

C. 11.

Baowa.
HaBasBT

CI.A ax DaartKa. P. T.

New York

BoirraooD

Stock KxehaocaJ

Naw

No. 1 8 Wall Street,
Yorti.
atnckaand B-Kida Boockt aad Bold oaOomalaaloa
l*articnl*r ati«atlon vlrao to InformaUoo raaardlac laTaatoMol aacnnuea.

[owm Uiaa A TraM Co. •
koi^kt aad aold.

»«

aaat Oafeaatara*

& Co.,

BANKERS AND BROKERS.
Ula Ball41a«, 85 Wall St., New York

Naw AUBtOi O. OOUIAM.
CBAB. W. TDKBBk,
ra AA C. NoRLa
Maabar B. T. Sloak Bzeh
UUnriS. L.M.8WAM.

P.

Chrystie

Baowa.

Walston H. Brown & Brot

MS CLARK

n*.

paMib aafeanaa4 aMwn faaa«*«
iMMaaaaa A •UMlFOaBBMla
alia lalia|iaiii>M"»aB4«alaai*Bifc lit >nnA
ntraia TiMafKwira la Athaa^f
ng|ia«»r.BjB^ Biiii^ Cteralaatf •
Btaw ua C"

R.

J.

SC Naaaaa

&

Kimball

New

St.,

&

Co.,

BANKERS AND BROKERS.
B* a aliirtlr OoaaailaalOB Boalnaea
irr<M K», BONBS aa<l tiRAIN,

WALL

N*. IT

MT.,

innt^vt^
BnwABD
Maabar H. V. Ala* Brnkaww.

M na* S

tra

All mg.

w, Na«r

BSOKBR

m

18

ALL

BBOAB

BA
lo.

IS

!V

WALL 8TRBBT,
New

,

KMM

Oilman, Son

&

Co.,

BABKXBS,

&

74 mi«A»wAT Mi«sifsw iTiiwn,
film T*fh.

&

Weicott,

18 Wall Street, New York,
Bxeoate Onlen In all Hvcurltlee Liated OS
MEW YOKK STM'K E.\CHANO£.

tioTernmeBt U other iBTestment Bonds
CorraaPDBdeoee SoUaltad

Simon Borg
N*. IT

NASSAU
IN

&

ST.,

Co.,

NBW YORK

ALL KINDS OF

Rallrosd sad InTestment SecBiitieSi
BoDTBKBii BaoDBrraa a Bpicialxt.

a>|

B A B B B K H,
Mraadwar. »*• BxekaBc* Piaca, N. V.

raaeb OBcv,

'441

l<a

Halle

rti.,

t'klcaco,

& Floyd,
STOCK BROKERS,
Walsh

BANKINU BUSINBSH,
TRANSACT A UK.NKHAL
Mo. 26 BROAD STREET. MEW YORK.
IlimjniNO THK I'l RTHASB AND HALB 0#
KOB/CAJH OR UN MAROTOCH ANU B^lfim
nioou. Fiotd. Jb
W. Walbb. Jb_
Jambs
HKI.I.
INVWHlBKT
^BTOBIAND
BUY
OIKT
Member M. Y. Stock Ezchanse
TIBB. INTBHK!<T AI.LOWBb ON DBP08IT8
80BJBCT TO CIIBJK A^SIOHT.
BOODT.

C. W. MCLlLLAa.
HnraEW Lauuro.

Stewart Brown's Sons,
stock brokers,
BANKBB8.

'

BANK BDILDINO,
Co., CNITBD
Street, corner Broadway,

BAITKERS AJTD BBOKBBS,

& Chew,

STOCK BROKKKS,

DBALKHS

'wi

Lapsley

W. ALBZ. Baaa. Jr.

Sell

ia a itwiu a to a Oaoaral SaaMwi thmni. Boi
aad tan On
Boadr aad laTaataaet aeait-

Howard

RoLaTo.<(,

Simons

l3oodf|»

D. A.

OBBAB

II.

Special Attention slran to

Inveatoaaat Seearltlea.
p. O. BOX a.MT.
(IDDO. Wa TLAXO Thabe. H. J. Moaaa.
w. c. Htu.

Bar aa4

OP OrTBBntB

AKD DBTAULTBD BOirOS
OOkkMPONDBKCB SOUCITBO.

Bass,

guotatloaa okaw fully fomlabad.

Wm.

Maaiber N. T. 8toek Brok ae.

Yol^t.

a Oanaral Banklnf "BOniMa, Inelodtnc
and lala uf STOCKS aadBONUS fur

a

ST.,

BOinM. MISCELLAlfBODB BSCCBlTIBi

&

BROAD 8TRBBT, MEW YORK,
STOCKS, BONDS
AND niSOBLLANBOlIS SBCDBfTIBS
Bo. SO

Cahoone

Albert Pearce,
*

New York.

Rolston

NBW YORK.

CaJK ECo.
R8

Tork.
of

IS

D«sler is iBTesBBSBt SecBrlUes,
No. 7 NASSAU STREET,
(OonttnAotal Natluaal Bank BoUdlnic

Bxehaaae f'aart Ac 34 Breadwar, N. Y
Stock*. Ikitidfl and Unltad 8tal«* tioremmec
Becnnttoa Bnairkt and Sold un Coauuiaaliui.
BarBKLT Chbw.
Jab. D. Biaona.
Maaibar N. T. Woek bchanm.
Maaibar N. T. Pruduca Bzohanea.

Aixiaa

P.

L.

II

*

r. II.

If*.

Robertson,
BOIVD AND STOCK BROKER
J.

Oonaapondenee xilidtcd.

Co.,

Taw** MaMMTikla Naw Tort Mock Kiohaaaa.
Maabtfi PMIadaiphla Muck Kichaac*.
IS BroaA Stroa*, Naw York.
Bay and .att oa aowalaitaa, tar \w
nn.allMHafttlateaMlBatUa.Nr.MoakCsab.
ALrmaii B. t.iiraaaiBT
kuaaar J. KtiiaaLi-

&

toallordan.

la

Wltk Prl'ata Wiraa to CUICAOO. BALTIMOKB,
PUlLAUBLPHIAaBd laMraadlata Potata.

IT

Dickinson

Inraotor* wteklaa to buy or veil are Inrltad to call
or oorraapond. ProoiptandparaonalattaatlonKlTan

York.

BA9KEB8 ARD BBOKERS.

Noa. I«

M

BaaMTa dapoatu aad nnnaaaanan of BaUloa.

John H. Davis
Bishop,

fe

*

Dutenhofer,

AND
D«Bler is Mlaeellaneoaa S«enritieB,
MILLS BCILDINO (Sd Floor.)
RoomalAAM.
WALL HTKKET,
8TATB ANDCITTBOHDaOPOBOIUilA. ALSO
8BCDRITIB8 OF THB CBNTRAL KK. h BANKING CO. OP OBOROIA A SPBCIAI.TV.

BAXKEB8,
Noa. St

8TBKET. CHICAGO, ILL.

BROKER

Janney,

aad Poralai BrDaT^la iBTaaUMBt aaw
dkaaaa and inTnaiiuii«a|«iu<aiiMa
Partlealar atianUoa alraa MlafonaaUoo ragardlat
lavaataaai Hxrarn'M.

KW YOKK
Hamilrnn

&

A

ltlai

BAHrKEBS,
ta If AMIAO MTK

NEW YOKK,

MTBKKT,
A.VD

HiBAM DBwiNo.

HjkiLBuAD •'laar MoKTOAaa Boiroa.

WAi^ioa

Co.,

Member* N. T. Btook Bxchanae.

Vnr 8ala

Bxehanfa.

&

BANKERS AND BROKERS,

at tka

qrOara la

t

I.U.^AoaoNn.

H. Bmibsoh,

*are*n.

Co., Gorham, Turner

BAMKBBa ANB BBOKKKS.

K.

Frank C. Hollins

tiANKBR AND BBOKRB,
16 A 18 BBOAO ST.. BEW YORK.

H. Dewing & Son,
ken 4c f^BBlMt«> Stock Broken BACKERS
A\D BROKERS,
Ho. 96 BBOADWAT.
no^v» nblMt to akMk M •ickl.aa*
IM««M allond oa d^r flinim. All Weak* aa*
aaafttlaa daalt la at Ua Maw T«fk Moak kaakaaat

or on marsln
Stock Kx-

New York

In at the

okanaa.

OBO. R. BOLT.

O. D.

(Maatbar u(

Pi»ailU

Tork,

FIRST-CLASS INVESTlHEVrs.

Cox,

anMk Oao^tU Madtooa At, Mr. 4M 8U >*•« Tort

New

1X1 Sontk Tklrd Street, Phlladelpkla.
oflloa, Naw

aaaoafalBanklncbnalnMa, loelodlnalba
paiehaia aad aala o( nookj aad boada foroaah or ov

rifi.ir. oo»

Sons,

Sistare's

18 Broad Street,

OBPOaiTS

DnjMad tanrttMi.

WB.T.CABOLUI.
-rK. T

*

1 1 Wall St., Cor. New, New York.
THANSACT > OKNEKAL BAMXIMO bnilnw

Washburo,

to

IS

No.

8pe«Ul Putoer.

BAVCERS AHt> BBOKBB8.
• WTnU StTMt, Raw T«rk.

Geo. K.

Holt,

Conneotad bj PrtTataWlre with mala

BAILROAO
CBA*.

'^ovU Cltg.

BAUKKBb,

Bar and aaU

tUBbw N.r. Stodk KzAmw*.

&

Taintor

lli

Wall

*

New

St.,

Wilson

&

S4 Broadway

19

New York

Co.,
T.
arOOKM, BOKDH * aOUMMMOlAL PAPEM.
toake aad Bpo^ booakt and loM on ooBaMoa BANKERS AND COMKISBION UEBOHAMTB,
MlfiSr>of*B(§ fc^M^kjlIwaeai WtHvi
9 BxclMing.a Coart, Ifsw Tork,

R.

THE CHRONICLE.

IV

nnH Fotreigu BattUs and

Cf^atiafttan

'gKtm ptortgaflcs.

%KVLktts.

FOREIGN.

EQUITABLE

Bank of Montreal.

Blake, Boissevain & Co.,
LONDON, ENGLAND.

Mortgage Company.

(12,000,000 Gold.
• $6,000,000 Gold.

-

8DRPLVS,

SMITHEBS,

C. F.

W.

President.

BUCHANAN,

J.

General Manager.

WSW YORK
No*. 69

OFFIOB:
61 ITALIi STREET,
Walter Watson, JAgenta.
»_„_»,

St

Alkx'r Lang,

Bar lud Sell Sterling Exotaange, Pranos and Cable
TransferB : in^nt Commercial and Travelers' Credits
Tallable In any part of the World i Issue drafts on,
and make Collections In, Cblcago and throughont the
Dominion of Canada.

London

Office,

No. 22 Abcbnrcb Ijane.

mission, and transact a general Banking and
Commission Bustness.
Special nttention Kiven to the execution of
orders for Securities on the New York, Lon-

New York. 'iOH

ADOLPH BOISSEVAIN &

HEAD

Heinemann

-

The Ne-w York Agency buv» and sells Sterling Bx<hange, C.ible Transfers. Issues credits available in
all parts or the world! makes collections In Canada
and elsewhere and issues drafts payable at any of
the nfflces of the bank in Canada. Every description of foreign banking business undertaken.

Newlfork Agency, No. 61 Wall Street.
HENRY HAGUE,
Asents
^8™^^!

B.

HARRIS,

JR.,

Corporations, Firms and Individuals npon
favorable terms; also orders for the parchase and sale of Bonds, Shares, &o., &c. on
the Stock Exchange.
Interest allowed on DepoMts, subject to eO-dayi
sight drafts, at Bank of England rate, and
one-percent below that rate subject to

demand drafts.
Negotiate Railway, State and City Loans.

OF

Railway Share Trust Co.
No.

Sterling
CTRCUI^AR NOTES Issued in Pounds
COMMEIl.
all parts of the world.
ClAL CREnlTJ* ISSUED for use In Europe,
Brazils,

D. A.

MCTAVISH,

1

j

CAPITA1> (paid
SVRPIiCS,

to

-

D. R.

-

$1,600,000
$500,000

WILKIB, CasWer.

Loans of approved Hallways, negotiates and

OFFICE, TORONTO.
BXANOHES:

FIRST

market

MOKTGAGk LOANS UPON IMPROVED

FARMS.

Interest and principal paid on day of

ma-

New York. Funds promptly placed. Larsre
experience. No losses. Send for circular, references
and sample forms. F. M. PERKINS, President; J. T.
WARNE, Vice-Prest.; L, H. PERKINS, Secretary
CHAS. W. GILLBTT. Treaa.; N. F. HART. Auditor

Sums

of (100 and

Upwards on

In-

diana and Ohio Lands.
NOTHINa SAFER. ALWAYP PROMPTLY PAID
8BND FOR PAMPHLET.
JOS. A. mOORK,
84 East market St.. Indianapolis* Ind
Real Estate Mortgages on City
and Farm Property, worth two
to four times amounts of mortgages, Interent ii per cent to
7 per cent, principal and inter-

WESTERN
GUARANTY
LOAN CO.,

est absolutely Kuaranteed. Securities for Kuaranty held by the

MINNEAPOLIS.

American Loan & Trust
pany, of Boston. Mass.

Com-

Send for circulars to

NEHEK & CARPENTER,
Banlcers, Troy, N.Y,

Authoriz'd Capital

Eastern Manasers for

!<'^.000,000.

Company

Loans on the London Market, acts as Agent for

S^UvLtttsMps.

payments of Interest on Loans, Dirldends on

or Begistration of Stocks in London, or otherwise.

Catharines, Port Colborne, St. Thomas, TngersoU,
Welland, Fergus. Woodstock, Winnipeg, Man.,
Brandon, Man.. Essex Centre, Niagara
Falls and Gait, Ont.
Dealers In American Currency & Sterling Exchange.

St.

Agents in London
Lloyd's, Barnett's & Bosanquet's Bank, limited,
6*2 Lombard Street.

Co.,

turity in

Railways and other Corporations, either in the mat.
ter of

Ic

>Vi:STER]!f

Offers to investors the best securities in the

Capita
S'^00 ,000.
This Compaiir undertakes the business of Trustee

Issues

up),

HOWLAND, Pres't.

HEAD

Capital Paid Up, «9T1,360 Sterling.

».„„.,
^Kenis.

Imperial Bank of Canada

N.

liAWRBNCK, KANSAS,

NORTH-

available in

China, Japan, East and West Indies and the
Elver Plate. 4c.
Bills collected and other banking business trans-

Km-

of

150 Nassau 8u,

Farm Mortgage

BANK BVIIiDINeS

4

LONDON, ENGLAND.

Chicago.

H. 8TIKBMAN.

Home

In

<LIMITBO).

STREET.

8%

^0

Farm Mortgages

Bank

Sterling Exchange and Cable Transfers. Issue demand drafts on Scotland and Ireland,
also on Canada, British Columbia, San Francisco and

City, Mo.,
Avery, Gen. Man.

melsburfi, Iowa, incorporated with a paid-up capital
of 9>'i1»0.000. with branches at Huron nnd .Mitchell,
Dakota, offer first MortKEKe KHrm l-oang In Iowa,
Minn., l>Hkc)t.a, and Neb., both Principal and IntereHi (lUii ran teed. Also 6 per cent Debenture Bonds
obliKHti<)n8 of the Company), runnintf lo years, secured by MortKa^e loans depitsited with the i>Icrcaniiie Trust Co., N, Y, It also issues Demand
Certiflcatep of Deposit at 5 per cent interest. Write
for pamphlet and refere^ices
Office, Emmetsburs, Iowa.

S

North America,

J. C.

American Inveiitmenr Company,

THE

Solicit acoonnts and aKcncles of Banks. Railways

sell

*"**

6%
The

Boston. '2.3 Court St.
H. H. Fitch, Man'ger.

Kansas

S. 4th St.,

C. B. Wilkinson, Man'ger.

£. S. Ornmbr, Pres.,

THE

No. 62 ITAIil.
Buy and

Co.,

113

Pbila.,

LONDON.

AGENOY OP THE
British

&

62 Gresham Honse, E. C,

OFFICE, mONTREAIi.

GEORGE HAGUE, General Manager.
J. H. PLUMMER, AsBistant General Manager.
BANKERS:
I,'>NT)ON, ENO.— The Clydesdale Bank (Limited.)
NEW YORK—The Bank of New York. ^. B. A.

JOHN

CO.

Amsterdam, Holland.

$5,799,200 Paid Up.
$1,500,000
President, ANDRBW ALLAN, Esq.
Vice-President. ROBERT ANDERSON, Esq.
•

R' way,
Chas. N. Kowler, V. P.

CO.,
New York,

28 State Street, Boston, Idaaa,
AND

OF CANADA.

Principal and Intereft guaranteed and payable at
ot the offices of the Company,

any

BLAKE BROTHERS A

CENT

GUARANTEED FAEM MORTGAGES,

ence with

18 W^all Street,

¥600,000.

G AND T PER

don and Amsterdam Exchanges in correspond,

Merchants' Bank
Capital,
ReserTe,

CAPITAL

Nesoltate Railway, State And City loans.
Execute ordera for bonds, Shares, etc.. on Com-

)

8.

xLm

CANADIASr.

CAPITAI.,

H.

pvoL.

Agents in New York
Bank op Montreal,
:

59 Wall Street.

Promptest attention paid to collections payable In
any part of Canada.
Approved Canadian business paper discounted at
the Head OfHce on reasonable terms, and proceeds
remitted by draft on New York.

Cable Address— PATT,

Direct Line to

London.

THH
A.nglo-Californian

Bank

(LIMITED).

France.

GENERAL TRANSATLANTIC CO.
YORK and HAVRE.

Between N£l¥

From Pier (newj 42, North River, foot of Morton 8t
Travelers bv this line avoid both transit by EnKlish
railway and the diaoomforts of orosslnK the Channel
in a small boat.
LA BOURGOGNE, Franf?euL.Sat., Oct.9. 2:30 P.M.

LONDON, Head Otlice, 3 AnKel Court.
SAN FRANCISCO Offloe, 422 California St. LA CHAMPAGNE. Traub
Sat.. Oct. 16, 7 A.M.
NEW YORK Agents, J. & W. Sellgiuan Co. LA NOKMANDIK.de KerBabiec.Sat.,Oct.23.1
P. M.
<Se

Gzowski

&

BOSTON

Buchan,

STOCK AND EXCHANGE RROKERS,
TORONIO, CANADA.
Stocks and Bonds. Sterling Exchange, Drafta on
York, bought and sold at CURRENT PRICES.

New

COI.LKCTIGNS MADE.

Corresp<md't8, Masaaohiuetts N. Blc

Authorized Capital,
Paid-up Capital, •
Reserve Fund, • -

'

-

'

-

$6,000,000
1,500,000
- 400,000

Transact a general banking business. Issue Com.
merctal credits und Bills of Bxcbange, available In all
parts of the world, rollections and orders for Bonds,
Stocks, etc., executed u pon the must favorable terms.

FOREION.

P. N.

FUI L>'K K. LOW,
iM.n,.™...
IGNA^TZ STKlNHAKT.i "*""«*"•
LILIBNTIiAL. Cashier.

PKiCB OF Pashagk (ineludinK winej:— To Havre—

First cabin, fl 00 anfi fSO; second cabin, $60: steer>
|22— including wine, bedding and utensils. Return tickets at very reduced rates. Checks on Bangue
Transatlautlque, Havre and Paris, in amounts to salt.
afre,

Special Train ft>oin Havre to Pari*.
The Compagnle Generate Transatlantlqne delivers
at its office in New Torb special train tickets from
Havre to Paris. Ba^rKage checked tfarouffb to Paris
without examination at, Havre, provided passensers
have the same delivered at the Company^ doox In
New York. Pier 42 North River, foot of Morton St..
at least two hours before the departure of a steamer.

I.OVI8

Hong Kong &

Shanghai

Bank of

BANKING CORPORATION.
Paid-up Capital
I7.600.OOC
Reserve Fund
4,500,000
Reserve for EqualUatlOD of Dividends. ..
5(>0,(i00
Reserve Liability of Proprietors
7,600,000
The Corporation frrant Drafts, issue Letters of
Credit for use of Travelers, and negotiate or collect
Bills payable at Bombay, Calcutta, Singapore, Balgon.
Manila, Hong Kong, Foochow, Amoy, NIpgpo,

Bhanehat. liankow, rokohuna, Biogo. San Francisco

and Loudon.

A* n. TOWSJUaiP, AKOBt. 47

WHUwD

Hf.^

4

H. L. Grant,

£7HU.(KX)

Letters of Credit and Drafts Issued on any of the
numerous branches of the Bank throughout Australia and New Zealand.
Bills negotiated nr sent for collection.
TeleKraphic transfers made.
Deposits received In London at Interest for fixed
periods, or for tran.sfer to the colonies on termfi
vMti joay he fiscertained on application.

Affent,

No. 3 Boivllna: Oreen.

Australasia,

(Incorporated bv Royal Charter, 1835.)
Threadneedle St.. Loudon. England
Paid-up Capital,
jei.6(0.(KiO

Reserve Fund.

DE BEBIAN,

No. 145

BROADlVAir,

NKW

YORK.

CITY RAILROAD STOCKS a
BOCGHT AND SOLD,
fiee (juotatioiu ot Cltj

BOSm

B«Uroa(U la tbis pspWt

October

THE (IHRONICLR

1880.]

9,

©ompauics.

^vttst

Union Trust Company
73 Broad war, cor. BectorSt, N. Y.
• 1,000,000
CAPITAL,-

-•--.-

mvurvvd,

|a,ooo,ooo

M

Bxacntor. AdnHnUtrator
AMborlaad to Mt
BMnM'n Baoatnr.or TroatM, and I*

tlM UBaatarafaooT •ndrwtetiT of itoek*.

Allowt InUiwC on
and withdrawn on tr* dkT*' notion, wttb
iBUrni>nor tha whoU ttm» thw raaaln wltli Ihn

RT ubm,

of dnpoaltora this aomnuiT
oanU mhjnet. In naoocannon
I

wSkTStral«.u>«h*ah

lh^ nod

at

nllon Inurwt

uaatharnanltlnddnUT'
EEra^ thn Clnulna Hi

BOiN.

AsbciinnC. Klnnii

JnmM U. OcllTtn.

Aaihorlard Capital,

Anthoriaad to act an Kxaeator. Administrator,

Gnarduo. Recetrer, or Trnatee, and

.

_

SaofmCabi't Wi•rd.

.

D1RBCTOR8
Kpenov,

'

John

I»ols M<Laoe,

m. B. W«nl«7-

M.

Held.

HKNRY

M. IIOVT.

MCLEAN. rintTIW-PrM

MILK STRBBT, BOSTON.

45

United States Trust Ccx

I87BI.

f^iuattciat

THB

Long Dock Company's
CONSOLIDATED MORTGAGE,
PIPTT YEAB,
SIX PER CEMT OOLU BONDS.

Br tbaproTlslnnsof the eharter. stockholders are
an additional amount equal to capital stock.
Traaaari a flrarral Baahlac Baalaeaa.

raa.

laalacaldapaaltaryfaraoMnpiM

and

la

mH mamimamm

Laeal Depository for i;orporatlor>a,
Ck>rporatlor>a, Adailnlstrators.
Traste-s, tlaaidlan aaa Ooarta of I^w.

ifc a ii a li as,

PRmciPAL

CoTertnx Tunnel and Termlnala of
Krle Kallwaf at Jeraejr Cllr.

la ehasfe. mt parab a at spaalBad dalaa.
Tiaat ies aiid«r Mnnaaaas of Railroad and other
Ourporatlons,
and Kiscal A(enU lor the payment uf
""
C«japi»nt. Iiirlderds, Ac.
s Trosts created hj will or

A

SMALL BLOCK FOB BALE
BT

CAROi.l.\ A. COX,
BANKBK8,

lilllKi-r<)H!<:

ty

r«,£.

A.

a coaraalip^jaiUMMyy ni
§TBW A KT^ Piaw^aaC

„ II.I.IA1I II. MArV. Ttea- Pi ii U Ml
JA«Bi»^ CLAttK.aaouod Viea rwr
.q. AianM,

wuii, J«in«i^ RoM.B. MInlani,
'Dha J. Auor.
Uao. II. Wama.
John A. ^••••ri (••"ma BIIM,
aJI.BocklVfiAni. Willlaa Libbar.
-I"hn C. Bn.WD,
*''twBnl Conpar.
HaT>d<'Mri(«
u. M. Smith.

|l).

.

'

I'

moke
..^.

' lu.Bncaafanar,
Alaa. B. Orr.

«i

Metropolitan Trust Co., Staten Island Securities
A SPECIALTY.
MlUa Buildlnj;. 35 WaU St., New York
PAID VP CAPITAL,

.

—

—
au

TIIOMAriill.l.HOrBi
ITRKIlKKK'

1>.

WALTKUJ.

PH I L A DKLrniA.

tl.nao.OM

eoujMO
AdailnlMinlor. AMtmaa. Me..
of ararr l aw rl )«lna kavwa to
r

RacBa aad olh* Talaahiaa Ukan aaoar

MAIII.O!! ».«Tn* «•. TnanvaFABaaNtarr.
I>. K. PATTRimo.s, Trwt 0«a«r.
DlBirruKK -Jama* l»iw. Alfra* ».auwtt, Joaaph

WMkt.

Charioa

I>r.

i>.

Wm.

d, BradlBv.
Jtm.

I.

Jaaob

ilaaf*.

Patlaraon, Thandor C. Bmral.

Tboa. O. Mond. Bdwanl t. Parklna.
w.i»>D. PBitjiDn.raia : Saanai Kiddi*.
>« Ur. Uao-aa W. H»ii. ii.uhi*.
wn «ri1*a.BDI(Ti-y
v>o: Bdaaad a. I'

•'•'

rh«
Ur.
10W.«
aahan.

Thoaaaa R. PattoaJohn
l.acM. I). Haraa Aanaw, M. D.

:

i>aTMw

W(«t unrn.

UQTt.«aTO»

~

.

-.

n.

The Brooklyn Trust Co.
llonta«aaaa«C«nlo«ina..Braoklrn. N.T.
Ooi.atMa
Oar.of
ami
Bpanr la aaibortaad by aoaelal ebartar fo
arar. u>alaa. raardlan. axaontur or admin.

ma

rrator.

Ilfinaucial (Compnuies.

FIDELITY * CASUALTY CO.
NBW

TOBK
Moa. n« A fid BBOADWAT,
OmB Oullal. tMO.oaa. Inrestad la C. S. OotH Bonds
tnOuMO dapoaited with tha N. T. Ins. Dep't, tor
tha protection of Pollcy-boldera.
Aaaata. January Ist. ItM. iMOA« tf.
Oa«laisa( Baaaa, Hallroads and Bxpraaa Ooapaalaa. MaaaaaraBaanlartea.and Cleru of PahUa Cospaalaa.laatBatk>aaaadCom aiar»l alllfe.aaBO»tal»

ORB*

'

It la Iha aala or manaccmant
of
.
aoUaai lalaraat or dlTtdanda. raoaiTo ra-

pyaaBifaaanr haota. ar wafta ponhaaa and lala
and anarltabla

and paraooa

in«tlf oti--na.

B^aaimam*-

baaioaaa, will

'

"It dapoaltorr
imt.

naBoaay.

PaMalaa lasaad
totally dlaaMlur

I

o. Ix>w,

T

KbIChaui.

WHk

B. Baadaii

A. B. Mall.
J.

11.

L-Rlker,
Geo.

IfO

fi.

<rt ,

M»M^mik,

Mortgaae Ikjadholdan desiring to arali
tha Klrat Mortaaaa Bnndbnidair
alraaay alaned and ouib.
saaa, araberaby notlSed

(If.

Barnea,

A. Mnrlbnt,
I>.

Vermllre.

Wm.

I

If they desire to arall of the beneflu of
,
each agracawnt, they luuai become partiea to
tbe same by depoalllng their bonds with tbe Kannarw
I.oan A Trust ITompany. sixnlng the agreement aiid
otherwise comiilyiun with its terms, oa t>r befora tha
Mh day of October neit.
The sale under the foreclosnra decraa Is ordarad
for tha MMh of October, IMM.

CUAULkH MORAN,

Chairman

Moftgaga Bondholders' Commlttaa

First

TEXAM CBNTBAIi
it
HOUSTONRAILWAY
COMPANY.
I.OA.1I

»i wiin..i,.

Co.,
o.,
v... Vork.l
ork.)I
i*.

Doiidated t^econ'1
Mortitagi^. alll liK
•If It, trti.t l.y .e<

snd sniouni

or

....

....

_.-.

FAltMaUti' LOA.V

,.

A

Farmers' Loan

tie

•

Trust t'ompaiiy ui

TUB

Central
tbeCoi>-

(jene^al
litre In Ihc tixecutloa
imea. addreases,olasa
-

W. O. Low.
Charles l>ennla,
Alex. Mitchell,
f).

A TUU8T

sir....i

Holders of bor''
Railway Conipati

utMire.

A TRUST COMPANY
I'runtea.
BY B. G. ROUSTON.
Presldant.

R. r°Mti»ndaii.

M. Richards,

OTHER BVStNEHa.

CLABINDA HR tivrif

been prepared

R.\II,WAY

N

ACrC'Tui'nt has

Hitb the under*

sii-i

signed, ready for

Loris

VT.

KA^SA!« t !
CO.— A BOidboM.

nit'ni.

ih.-.

CUAlil.ES

The Oiiarantee Co.

NBW York, 8cp(.

MOBAN,

rhalrman.

es William Street.
IS INSd.

OF NORTH AMERICA.
OMh

Capital

laoojioc

MPn.ooc
Aasalsand Kesnnrres .._
8«o,aoo
Oapostt with Insuraoos DapartaMot
lea-Praetdant
Praaldant:
HOH. Jas. raaniaB.
•IB ALU.T. OALT.
fs.»«ffitiff inredor: Bdwaro Bawlukm.

NKW VOKK orriCB:

BKOAO^AT.

wrw

vyiii,

J.
S.

H.

BondH of Snretysliip.

IfO. Ill
D. J. ToMl'KI.NS, Baoratary.
ToB« DiHKToica—Joeaah W. Draxel, A, L.

Victor Ne»or.mDj.John Paton. Iianlel
Torrance. Bdw. V. winslow, Bnattu Wlman, C. P.
Olaott and J. B. Pulsford.
Ilopklns,

jAMtm Hosa CvaaaJt. aaaratair.

Injarlea.

O. e. WUIIama.
JA.T. etranahan, A.

Wl.Ml.

A. A. Low.

eaaatna daath oi

IilHKC'roBS:
Darld Uows,

K. Phaldoo.

I>.

klrst

Orrirx or thx yAUMBRB'

rail Information as to details, rataa, Ac, can be
obtained at bead olBce. or of Company's Acenta.
Wm. M. RiraAKi'*. I'rest. Joaa M. CKAaa, 8ae'y
RobT J. Ilii.i.*!!, AsstSaeratary.

Viea-Praa't.

Aia«.M. Wbii

8.

who hare not
Eemant,
with tha tonus of tbe

br tha

DBPABTlHBIfT.
OABOALTV
saainst aealdaBU

Itaaaaalaa

iWaMalah
~

AmiispmeBt Co, Stocks.

thsmsalraa of

.'«arlrr.

frtiltaai

BUT"

II.

Moban

Tnrnor. Mllllaa T. PtIot,

.Naad.

&.

GEO. B. BIPLEY,
66 Broadwrajr, Boobi

PEOBIA
TOLEDO
A HAILHUAD tOMI'A.NY. * WESTEBIT

TAPPBN.Ylaa.b-rai

HIIITTI.^.Saaatarr.

OP BOB
"MaUna*. Blataafr,
ato., kapt la ruaDtMi Ifeli Ooaspaay at jpodarata
__^
rnof Taalta.
b«a«a of this nam»av«rBa»U4
Aa ofiSa
Moaar raaalvad oa tfaaoaH at Inlarnt.
rarloos Blataa
iA8.I>)?IC. PlMt. JOMsa. RBADLfO. V..Pr«aX aoana
jakaT. MonP'O. W.J.

Bailroad Co.

The

An i^aM aaaaU kapt aapanla ftna iho a of tha
-^^ '' Praaf a^aa 10 rnrt at IS to WC par aaaaa.
it ta TaaRa wMhoM (hana.
.

Bl.OOOiOOO.

Dsslcnaiol am a leaal Depoeliory byordarof BaKaoetredapoalu
iOrjMneyonlnlaiaat,
~"*
'rr ftircorporap
aidasasial iirsirfT'-| '
lafal traala from
Id aaoept and execata
or eorporaiioaa on aa fht
Bllar companies.

ptama Own.

Trust Co.,

ICa«4tal
••tai

,-

S5 Broadwray, N«ir York.

.

AJ»o «i3 riiMT.HUT rrsKn*.

Amt m Bsamor.
g* aiMM W traau

Rol.iM M.,neJr ThoauaMack,

.'obaOoldtbwait. Wtu..« lUakall, Wak W. Crapo.
Wat. T. Parker, J"bn <'. raiaa.
John M. Graham.
War-n II. Pottar. Thoe. K. Temple.
P. A. CMItas.
JOH.N M. GBAHAV. Preaidaot.
1 1 K.yRY L. JJWBTf. aecretary.

citKLU^Miratart.
'OH. AmtttmM aiiiiHaiT.

The Union

Patadi.i: 1935.

INTUBST, Arau. AHu OtrroBU.

nSriRlBT ALLOWBOoirDipOBtTS. subject

Wm.Ck«ln,

Secretarr.

Board of Directors— William Brockle, Georse 8.
Pepper, Mort,>n McMlchael, Whart^m nilrke'-, Henrr
C. GlbMin. T. WIslar Brown. William Potter.
AdTlsory Committee of stcckbolders.—tleorge li.
Trout man, Gustarus Kngllsb, Isaac U. Clothier,
%Mlllam Pepper, M. DrThomas Uolan. John O.
Reading, Jo8.*pb R. GUHngbam, John Wanamaker,
Henry R. Hmltb, Charlea B. Wright, Henry l.,e«ls,
Oalxe Llpplncotl.Uamlluin Olaaton.Ctay
Fr^oois Kawle

llalMe fur

or .TMW TOKX.

Ro. 49 WALE. VniBBT.
arplB^ • - • l»,000,OX

Ylea-PraaidaBt.

JK.. Treasurer.

ETUEI.BKHT WATTS,

JobnGUL

Tbua. Deford,

(IMMHI-UIIATKD

is.
J\MB!« >l.(>OtLriB,8M0iid ri«n>PrM'
A.O. RONAI rw >N. "aCTntarr.

aathMtiad to

OknriRs:

WILLIAM BROCKIE. President.
WHAKTos BAUKBR,

B. Ilarct.
Itrown.

International Trust Co.,

CD. Wciot

A- *' KlnaaUnd.
Kt!«q,Pr««d«lt.

VDWARD

Capital, S-2,000,000,
Acts ss Financial Aftent In the neirotlatlng and
marketing of Securities. Deals In Bonds—Corporation, Ballroad. State. Mnnldpal, Ac Sxecntesordera
on commission In Bonds. Stocks, Ac Collects Interest
and dlTldends. Keceires money on deposit, allowing Interest. As desirable Inrestmenta offer, will
Isane Ita Dabaotura Bonds, sacitrad by Its capital aiul

Mewart

O. O.

M NnLMB.
JAM B8

AND

Aadrew

uarunvB committbb:
Williao*.

Wb. WtalUwrtcht.

steel ooor.) to rtnit stfio tofttjOperannani In their
neoand eitsant clironio steal riBB
IILIIU-

CHESTNUT STKEBT.

SIO

C.Mort'nSleaait W. A. Tnckor,
W. II.BIarkrord.
Robert tjarrcct. Jas. Carer (.%«le,
A. Jenkins,
«>••. I>. KIsher, DUver .V. l-arker, Bernard fatlti.
Uo. I*. Thomas, w. ll.wntindae, J. W. Bniirn.
O. H. WlllUrus, J. A. Ilanibletuo, Alex, rrank.

AaarM J. nrk«.
inatwl r. Busir,
w.
Laoox KauMdr. Ono. C. Mamoa.

tt

A LEGAL OKPOSITOBY FOR UONEr.

Ch'lallanlii'Trtn. Hubert l»br.

B-C^rfaatt.
B. cErhut.

f

la

Aceapta tbe tranafer agencyand reirtatry of stocka
and actaaa Tru8t«o of murtxaaea or corporations.
Takes dutfse of prop'-rty. collecu and ramtta Interest and Income pniii)[)tlf, and dlsciiatvea falihfnlly tbedaileaof aTer% trust known to the law.
Honey ree> Ircd on deho^lt. All Trust Assets kept
separate from ih<«e(,f tbe Company.
Barslar-pr<H,f Safes and Boxes ibarliur cbroire

W. W.

R. O. B « nimi ,
J. B. JohMjofc

idwafd Klnc.
W«ri«r,
a. B. Waaler,

ot

Philadelphia,

B.ioo.oon
•.t,ooo.ooa

C

Ononn

The Investment Co.

BALTIHORE.
Caplinl.

,

B. rrotlUochnm.
A. Jurla,
C. VandorbUt.
A. A. Uiw,
a. <). wiuiaan.

I.

Piatt,

C. H«»^
I Ml
ronyth.

Ew

T. ralrehild.

B.

Deposit

I.AK-HKOor VAULTS, prutaeted by Improred
Tint* l.',cks.
Will, kept In ranlts witbollt ehanr**. Bon<1fl and
St(K-k>. Plate and nil Valuat>laa securflf ktM't under
(uantntee at m<,diTale chamea. Palntine«, sutnary. Bronses. etc knpt In Bre-pfouf raults.
JOHN GILL.. W. W.SPK.VCB, L. KI8CIIKK.
Treaa. 4 !<ec.
Vice-Preat.

TRUBTH
Km
BannA. Knot,
irT.Wli«>n.
Wm. r. HnaMO,
-:. D. WoiA

financial KPom^ranies.

COMl'AXy, ov

A LMQAL Diposrrchr roBMoinir

AB««m
BortcwwofeorpormUoiu.
dMUuTnutMcf
dapoilu. which auj tw ou4«>t

&

Mercantile Trust

NKW VOBK.

OP

©ompauics.

Irttst

II.

liitcrcBt, pi»iifl«ttjflBy Set*
8T. PAUL niMSEAPOLIS *
'VUK
RAILWAY (>.«I'A.NY.
X Vi.MAMTOIIA
M
M >
Nf W ^'OHK.
1H«I.
<

fJt \\

I

I

V

t

Ill-I.

II

A

tl.

K-

Tl..-

'O-

I

piny
andiitUT >n\.

'

I

I

III

,i[i>,iiiiiinior»

on

ol retoru uri that

date.

The transfer books will ba closed at 8 o'clock P.
M. Oct. IS, and re-opened at H> o'elook A. M.. on
JUUN 8. KBNKEDY, Vloe-Prea^
Mot. 8.

'

THE CHRONICLE.

n

^nsutauce.

financial.

I^iuanctal.

#soo,ooo

ISSl'ED

Announcement.
After careful study of the ntage of nseurance

BT THE

WORKS COMPANV OF

irATIOSAI^ WATBIl

NKVV YORK.

companies at

and abroad, and

1-oiue

e-tporKuce of this societ,7 in

reforms introduced by

of the

the varifd

all

the

it,

EQUITABLE

Queerest PoyaWe JTune and December.
LIFE ASSURANCE SOCIETY has combined
CENTKAI. TRUST OOMPANV OF NEW YORK, in one foim of policy all the ndvantugee and
TltUSTBK.

100 and Accrued

Present Frlco

Interest.

gtuirantees wliicli can eafely

and now

united,

FOR SALE BY

TAIXTOR &

the

name

mORTGAOE BONDS.
in

which to deposit bonds

you

234
(M.

L.

Investors'

Cblcago,

SCUDDER,

Jr.,

E. IIACHFIEI.D,
No. Sk Pine Street.

you

life,

Ohio Central (B. D.) Scrip.
Kanawha It Ohio Scrip.
Col. Uooitlng Val. & Toledo Scrip.
Toledo St Ohio Central Scrip.
Texas & Pacific Scrip.
St. Joseph & Grand Island Scrip.

(1) it is

ISDISPUTABLE,
and you buy a certainty instead

Stanton,

of n possible

(2) It is

Mexican National Railway.

UNRESTRICTED,

Bondholders are Invited to deposit their bonds

COMPANY

of New
the CENTHAL TRUST
York, under a plan t reorganization prepared by
the Bondholders' Cjmmittee. Copies of this plan
and agreement may be obtained from the Central
Trust Company, or at Ithe office of the Committee,
No. 33 Nassau Street New York.

w th

ANSWERS INQUIRIES CONCERNING

American Stocks and

aitey iionds, all issues.

S.

111.,

Proprietor,)

and you are
hibited from

Securities

please

;

not, as in ordinary oases, pro{.'oiug

where and doing what you

(3) it is

Large Library of Railroad Documents.
Competent Kxperts.

SELAtl CHAMBERLAIN,
JltfyiY A.V1V,
GBORGK BURNTIAM, CHAItLES J. CANDA,
STOlvES,
SAMUELB. PAIHONS". WM.
AUGUST RUTTKN,

SPENCKR TRASK,

NOil-FORFiilTA'BLE,

CoDlldentlal Reports.
JVloderate Chargef.

t

J.
16 and 18 BROAD STREET,
Bnvs AND Sells
East Tennessee Va. & Georgia Scrip.

Equitable's Free

the

routine Pollci.s; because

Agency,

L,a Salle St.,

V

ALBBRT

on your

desire assurance

should stcuro one of

JOU.N DkRUYTEK.

V..

and

New York, Oct. 7.

1886.

can never be deprived of a Just

yiiu

and

SOLD.

WANTED

POLICY.

lawsuit;

The

BOUGHT AND

T Or»f TINE

mtttee.

CHARLES J. CANDA,
SIMEON J. DRAKE,
CHRISTOPHER MEYER, WM. STRAUSS,
Committee.
HALL,
C.
W.

COUNTRY BANKKKS.

Investment Securities

ooiuLu

FREE

If

in the OBN'expire on Saturday,
181h inst., after which time Ijonds will be received, if
at all, only upon penalties to be fixed by the Cum-

The time

IKAL TRUST COMPANY will

interest upon balances.
Special att"ntiiin paid to INVESTMENTS

accounts o:

Toledo Ann Arbor & North Michigan Ist*.
Snuthern <'entral Ists.
Middletown Unionville 4 Witer Gap Hi.
ludlauupulis & Vincenues Ists and 2d8.

of

GRANT

I.ASID

ATSrtt

—with

be

THE

& Pacific R'lway Co.'s

Batch.

Personal attention given at the EXCUANOESto
the purchiise and sale of STOCKS and BONUS for
cash or on margin.
UEl'OSITS KECEIVED—subject to cheek at Bight

under

HOI.T,

TO THE HOLDERS OF

INCOME

i)roperly

offers it to the public

H W^all Street.
Texas

and

Jf.

14 NASSAU STREET, NEW YORK.
132 Church Street, N. Y.,
RH»vrTin»i.inrai
BRANCH
OFFICES jjj0j^f,^„pgl
St., Ne»v llnven

BY TKK

Kansas City Waterworks

P. Haleh.

Arthur

T. Hatch & Sons,
BANKERS,

W.

PER CENT
SUPPLY BOXDS,

SRClTnED

nenry

Waller T. Batch.
Nath'l W. T. UateK

SIX

WATER

suit.

[Vol.

demnity even on surrender;

In-

11.

,

Committee.

(!) it Is

of
the Mortgage
Bonds on the Lines of the
Wahash St. Louis & Pacilic Rail-

PAYABLE IMMEDI.4TELY

Massasoit House,

after death, thus providing ajrainst even tem-

SPRINGFIELD, mASS.
THK BEST APPOINTED HOUSE IN WKSTKKN
NEW ENGLAND.

way East

porary embarrassment

To the Holders

of the Mississippi River.

In order to perfect arranfremcnts for paying interest in accordance with the p!aa proposed by the
undersigned Purchasing Committee, as modified by

the committee representing the bondholders, it ia
imperative that a limit of time should be fixed for
the assent of bondholders.
The undersigned therefore give notice that the
bondholders who desire to accept the proposition of
the committee and to avail of its advantages, must
«ign the books now open at the office, No. 195 BroaQway. before Nov. 10, 18S0.

JAMES
T. Jl.
O. D.

T. WKLLES,
ASULEY,

in

mnny

years of

In

form of policy

Chicago Burlington & Uuincy, and terminating at
Harrison Street, east ol" the Chicago Kiver, with
city real estate for freight and pii>sengcr
depots, elevators yards, &c.; Hccessible 'in both sides
nt the Chicago Itiver and within a few l)loek8 of the
Board of Trade and bus-iness centre of the city.
Property costing ovpr $j,0.iO,Oiiu. and fr.m its
location wili incrcfise in value as the ci^y of Chicago
grows. On tho above, fl,i'0'M>"0 First Mortgage 5
percent Gold Bonds li.vc been issued, due in 1936.
The Wisconsin Cootra! A^8oclaled Lines, the first
tenant of the Terminal Cump.iny, guarantee the
interest on these bonds, whifh is payable .lune and
Becember in New Vork. Tlie undersigned offers a
limited amount of these bonds for sale, basing their
value, first, on ihe cost of the property in the city of
<'hicago; second, on the guar-inees of interest by
the first tenant; and third, upon the value of such
terminals in a railroad centre Tor general rai road

W- BUENTON AVRLLING.
Building.

Broadway and Wall

(

)

the

of

St.

HITCHCOCK, DARLING * CO.

JOU.S- G.

needless formality;

under

offered

the

(7)

Free

Moore

the ad-

Tontine

W, K.KITCHEX.

MOOllE.

&

G.B.SCHLEY.

Schley,

BANKERS AND BROKERS,

BROAD STRKET, NEW

2G

ITORK.

Branch offices:
72 Wall St., N. V.

1 4 So.
1

Third

St.,

Phila.

Connected with

NOT OBTAINABLE IN COMBINATION
A^Y OTHER COMPANY

IN

I.

A. EvAN.s

i

Co.. Bostun,

CUH.SON & M«oakT.NEV, Washington, D.C.
E. L. UItEWST".tt* Co., Chicasio.
HuuBAi. I> & KAllM: u, HarUord.
Private Wire Connecti-

or under

any other

For tables

of

Buy and

policy.

rates

and

apply by letter or in person

sell

full

explanations,

to

LIFE ASSVRAKCE SOCIETY.

Stocks.

New Vork

Spencer Trask & Co.,
BANKERS (& BROKERS
i6

and i8 Broad

B.

HYDE.

Street,

N. Y,

Providence, R. I
Saratoga.

Albany, N. Y.
President,

n-t.

Bunds and .Miscellaneous

Exchanges; also Grain aua
Provisions on Chicago Board of Trade.

Securities on

THE EQUITABLE

HENRY

AN EDIICATEO AMERICAN OKNTLE-

NEW YORK.

The Largest Best Appointed and Most Liberally
Managed Hotel In the City, with the Most CentnU
and Delightful Location.

is

SIMPLE
fchorii

HOTEL,
Madison Square,

Policy are

ample

Bank

;

Avenue

Fifth

back the

for nothing, or jleldiig

by those preferring to withdraw

vanlages

The Chicago & Great Western Terminus includes a
line of railroad entering the city of Chicaso from the
west, partly pa'allc! with and near the line ui the

llnited

life

W. H. CHAPIN.

Isitir

whole, or nearly so, of what has been paid

and

imrposes.

Union Depot.

providing assurance in

cases

Purchasing
Committee.

Terminal Bonds.

Convenient for the tourist or business man. Near

(5) it is

PRE-EMINENTLY LUCRATIVE,

F. .TOY,

HUBli*Rr»,

EDGAU

;

j

Transact a General Banking Businesn.

-^*-

man, fifty years old. of social standing, and able
to give any security, desires employment in some
position of trust and responsibility in a corporation
or business house.
Speaks French and Italian.
Terj moderate compensation. Address P. O. Boje
113. StBpletOD.S. I.

Direct Private Wires to each oflBce and to

PHILADELPHIA,
BOSTON,
WORCESTEB.

HUNT'S MERCHANTS* MAGAZINE,

^

^^(klt) ^tW$^A^tX,
REPRESESTIN'O JHE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATE;

VOL.

SATURDAY, OCTOBER

43.

%}it Chronicle.
Tbb

OoiC]tSRCiA.L

I

tB(aradKtbePn«">'«<v>.

Sffttmbtr.

in

«««ry Saturday morning

Vow

WILLIAn

Vork.

v

Y.. «aiuy<ni)<leiiu<inian mottAr.]

B. OAN'A A Cu., Publl«her>.

CLEARINO HOUSS RETURNS.
B«qk Etchansea contloue of a TeijsatiafactorjdMoription,
and for the week ua<ier rariear exiiibic aa iocreate orer tbe
preoediofc week of $9),0>7,60j, m which locreaw tweaty-two

NavTwk.

l,«CS.7l«.7K f,lW.41«4)lt +•«'

Boatoo.
ProTldence...

aBi,73S.7ao

lUnf ril
New Hsrui..

e.KW.xM
4.M\I9;

aM,9n7.&a»!+io-t
I7.8«l.100 -0-0
•.DTJI.Tll,

PurtUDd.

8.W«I.II«

s,aws.>is;<

X.447,»l)

8.»0<J.7»;,+Hl-7

I7.(te6,IUU

LOAlMBi+IEV*

8.1111,7711

—

S8a,l7T.(M8

8<ltt,l>4Bj8Uft

at.Sll.7>M

C7JI«i>«4

8i,>«B.4a4[

4a.i!07.aiMi

880.400.738+1

880.018.84^1

188.807.441 +18^
8a,ua,iieo -f i;t'
i».m7jMii;t.i4-;
"
18,«(7,8tM
8,804.111

4:i.«ui.Haui

I7.jin.8m'
ia.ii-U.ui»^,

H.tia.'nwl

ii.»4\a*>

S.4IW.7W

UuT.oan

Panrla

IWS.

llNrUml

+»i>|

nM.S4H.4«>l|

rotnmbua

strt. ts.

+8-I

*JSKfi1t +lir(
+s-x
i><«,17b;+«l'4

Worc«il»r..

SprlnraaM

Further, th4 pr e u t total has
hOiMM parUcipiM.
been exceeded oalj oace siaoe the flnt of Jaouarj. Tranaac- PhllulelDhls..
l>tiui>iinc
tiona on the Nrw Yurk Stock E (change have not reachel so Baltlmur*
beaT^ an aggivgate aa during the prerioaa week, but the dealToLMIddlc.
iogi in sbaros bare neverthelA** beea lance and cover a marrhicwo
In Cinvlniuai
ket value of 1147,811.000, acainat $103,S»1,000 in li^i.
oompaiiton with the w«ek of latt year, the increase in the MllvmnkM....
IHu<>lu.
wboie oounkrr rvachea Mit per cent, ladianapolia, Ouaha, lodtanapnllft...
ClernlmoA
CotninUu and Kew York leading in percentage* of addition.

clearing

1,111.

IHtie.

AXD Financial. CnBONicut u ptMit/ud

Nam York

NO.

1886.

9,

4>»'l.807

8,IIMI.888|

OwjMM

17.410.

WnnMpulU...

17.47«.«8]

10M.I

•ttti

1I3IW.0
,000

-)

Tot.Wwt...

S:0.lia73

8;

8uS3n.08S

I

•*Bi.na,(A;|

-fM-;

SLIxmla

4.0»«.7»7'

St. J(i«epli

i»3mx:u\Kk-itf»

ao.aao.a9e

7i.ftn.Min

.S** Urlauu..

81.3t«.<an

t.oaUTIII«
Kanau Cttr-.

8X.wa.<48|

111

1H,TK).I75I

MWBpltl*.

4Atl.l<n

I48J8M.S80

Tg(.8oiittu.

aa^unjaa
Total aU

3,7l,0,tl5
1

1

IS

ie.7s«,auo

4i«,<wi>m

auB87J0«^8,18l«Mi<.4ai -f*ni|»<JMII.lMtX61 »7,ai>V.I«MI« +84-0

OauMalLr..

l,a38.ISViaS l,0«),IBIMa •r18^il0.a8l,4aa,47l<

tf.804M]H« +ir»

Our compilation coverirg trHmactions on the various New
Yurk excbaagea now embraces the liist nine montlis of 1884
and

1885.

mnt

wtontht.

ma
linr'M

Actual
r.ilM.

%y*MtMt

t»t

$B*Mtjt«»

4

1«»

a.oii.<a3

-f<l«
-HII
f-l*

t.7a»Jbe»

+ 118S

ajnt.im
J.»ll<.7Mt

t«8-7
-taw*

t>ici,4n>

-18 8

a,aujw
4.iM3M

+808
+ae«

lO.lvfi.Mu

S^MUtl

s,aaa.7as
•88.1T4.110'

+»-7

•t08MW

+»-7

8M.r70

+146

a3ia»o

+8tni
+ira

8,«oa.iaB

Prkt.
Oi-8

........

i»a

$l.i..'vi0.i>10

tl7-N

»l.Mi-.i,lM7

!«0

,,.,...

»*(7.a;.i 116-7
l3eo3,iKia8fle|

<a»

8.aM.214,V<l|M 4-100
t7o;,«7(<,4na 808 8:)
tlUilI.88Uie4| eOHr.

7,801 14eM«l

The retoroa of exchanges

for the five days end>>d this evening, as received by telegraph, make a very favorable exhibit.
At all points except St. Louis (where the tiKures cover only
four days) there are gains over the precfxlioK Ave days, and in
theaggr^te forall thecitii^theincreaHe reachi« $141,^1 8,!S60.
Compared with the corrt»potiding period of i(iS3 tlie excess is
28 2 per cent.

+844

nMOa«i«wHa«(lcl.a.

-8 8

8

DfyMud't

1.778.'ifl»

+188
tU.e48k^T<

m«.

-

98B.0«»

+41-8
"+8M-I

+«a-s
'

WoUanmn

i

PtrOlHU

IS40.O873T8

+«»0

IS0S.Ufl.0l8

~+wi

(jkt.)

(ii.9i».a«7)

(«.:8S,i»7)

(+80-8)

78.01 a.oaH

(1.888.8 1)
•0.I74..I87

(-Htt48

_...

+818

ea.M3.iC4

+12

PtilladalplUa

A3.8U0.Stil

«0a77.8UO

-|-83'»

4(.7S»,t)<»0

Baltlawrs.

10.8S2.ltKl

0,040.8X8

+«4

+173
-106

CklaMO.

ae.7*e.ono
1^.777.075

43A(H,000

+K4-7
+10-8

-18

13.!M4.4H»
4.441,887

1093,340.3811

8710 816.180

+a«-3

Ti7t«3.07V.:«»

«7,100,IO&

68,719.862

+«-8

«'j lr.^ vifl

• tMmiua.4:ii

^77«..^34.7:^2

aaUtotatotk
Boaton.

Total

11,5IW,14S
A,«JS,0(W

i

—

1888.

l7D4j98<>.8ie

Baw Tork.

The ratona for themooth of September are also very favor- 8t.Unli...„
able. They reoordan inrjrt>aiu- nv.T .\i>>'i)«tof over two hundred Raw Orlaana
millions of dollars,
-d with S<>pt*-mber of
"» who|i> romitrv nn<l
188)1 exhibit a ictin <>
187 per cent bula'de u( ^«w V^ik.
For the n'ne mont'^s
ioce January 1 tiete is an excMS over the ^imiUr period in
18n and 1^, n lie former instance reaching 24*9 par
in tb« la.ter abont VH per cent,

FtrOuu.

uaa.

1881.

Total aU...„.
Om.i<i«> **-•
*

•

aMtauUi uu

$jsn-iiMr,
tlia baala

ot

•

«" 4

•

""O

Un uui naaUr

8.017,44.1

4LMO.00O

rstnra.

^

+•47
+i8-a
-8-7

"+84

<
tSl'4

+84 -7

1

«'.H

4

.••...

•..,.,

•;

7

THE CHRONICLE.

410

[Vol. XLni.

from there weekly.
For instance, by cable
we had the Board of Trade figures for September showing an increase in imports of £970,000, but

received

THE FINANCIAL SITUATION.

yesterday

NotwitbstandiDg the interest and bond disbursements

by

the Treasury this week, the

no evidence of

relief;

on

money market has afEorded
demand for
and the rates higher. As

the contrary the

funds has been more active

a decrease in exports of

£310,000 compared with Sepbe remembered that in September,
1885, the imports were £2,286,000 less an! the exports

tember, 1885.

It will

represented by bankers' balances, the extremes have been

10 and 5 per cent, with the average 7 per cent.

£1,884,000 less than in 1884, so that this seems to be
Stock evidence, as far as it goes, of contraction instead of

speculation was unusually heavy, and the transactions, par.

improvement.

some of the fancy properties, very large.
Borrowers upon these securities, and indeed upon all that
liave been rapidly advanced of late, would naturally have

prices,

ticularly in

diflBculty in
rates.

procuring loans except at comparatively high

This could not

of the banks are in

fail to

be true

now when

the majority

Of course some of the loss is due to lower
though that ought not to be an element this

year.

,

Foreign exchange has fallen

1 cent per pound sterling
and francs have been reduced |^th of 1 per
The market as we write is steady at the decline,

since our last,
cent.

no condition to meet a demand from but the demand

stock borrowers, the reserves being at the lowest point of

is

barely sufl5cient to absorb the

bills

be a further supply resulting
the year, and three of the largest institutions carrying from the movements of cotton and securities the tone would
nearly the whole of the surplus. Those banks which have be decidedly weak. As it is, sterling is low enough to jusundertaken to make stock loans on call have done so tify imports of gold, and on Wednesday a small consign
If there should

offering.

through brokers, and have generally secured the best ment was ordered out from London, and if it were not for
average of the day.
Commercial paper is without the premium put on bars by the Bank, takings would have
material change.

Banks holding surplus funds have been been much

using them in part in the purchase of choice names at

high

rates,

and some of

the

out-of-town

institutions,

is also

larger.

Cotton

a pretty steady

is

now moving

demand

and there
The arbitrage

freely

for securities.

houses are buying stocks for speculative purposes, while

notably those in Philadelphia and Boston, are reported as

other bankers are buying for investment, and the latter is
by the increasing, and barring accidents is likely to increase.
paper dealers. A special demand for money last week With the traffic returns of our railroads so very satisfac
and this week has been for deposit with the Treasury in tory, and business here showing constant signs of improveexchange for the new silver certificates. Out-of-town ment, and capital so abundant in Europe, such a tendency
banks have drawn heavily en their correspondents here is natural. A rise in the Bank of England rate, if it
for that purpose, the demand being general all over the occurs, would affect and might reverse the speculative
country.
Besides this, the South and West still continue movement, but the takings for investment could not be
to absorb currency for grain, cotton and other products, unsettled by that event.
and the payments into the Treasury for customs dues are
The new silver one dollar certificates have been issued
large.
this week in large numbers
in the retail trade of the
In London, discounts of 60-day to 3 months bank bills city they are to be met with everywhere now, and as a
are reported easy at 2f per cent, and on call the rate has substitute for the metal dollar will be popular.
It is
been at about 1:^ per cent. This ease can hardly be reported that the Government expects to keep out fifty
expected to continue unless the flow of bullion is changed. millions of the ones and twos, which was about the
The Bank of England lost £646,000 this week. Our amount of the legal tenders of those denominations
special cable explains how that occurred, and shows the outstanding until a part of them were
retired to
reason why it has had so little influence on the London money make
place
for
its
idle
coin.
Of course
as
market, the loss being made up by a receipt from abroad these small notes flow out
the
silver dollars will
principally from Australia, of £120,000 and an export to flow into the
Treasury, ridding the country speedily
several points of £95,000 and a shipment to the interior of that nuisance
at least.
Consequently as soon
of £671,000.
It is thus apparent that the amount sent to as Congress meets the question of new vault room in
the interior was £25,000 larger than the entire loss
and which to store our little jokers will require attention. As
as all that will come back after a little while, it natur- an economical expedient we would suggest a further bit
ally counteracted
effect
the
of the
low reserve, of legislation authorizing the Treasurer to store the silver
which was reported at 33 5-16 per cent, the lowest in bars it would pack away better in that form and
since January 6, when it was 32J per cent.
Still, as
then issue these notes on 412^ grains of the metal
shipments to the interior must probably continue for the uncoined. Wherein consists the wisdom in going to the
present, if there should also be important amounts of gold expense of putting the stuff into a form everyone rejects ?
taken for America as is possible, a change in the London Besides
it would
is 3 kept
be] easy
if
the metal
discount market would seem more than likely.
The in bullion, and if Congress finds it has gained a
Bank however is seeking to resist the^drain this way by few additional grains of discretion during the
demanding, as we are informed, 1^ pence more per ounce vacation, to set apart enough more grains of silver as repfor gold bars than tho open market rate, and so long as the resentative of these paper issues, to make a dollar worth a
withdrawals for New York are confired to the street, the dollar. Any man who honors women must hate to see
managers of the Bank may be content with their that good honest face of Martha Washington endorsing a
present policy,
especially
as an
advance
in
the fraud.
ofiScial
minimum would likely result in the instiIn general business there seems to be no material
tution losing business and in harming general business change, either in the extent of the transactions or in the
as well.
We would however commend this fact as to conditions affecting trade. Daring late weeks many large
price of gold bars in London and the same condition in failures and defalcations have been announced, but it is
Paris and Berlin to those who so strenuously assert that quite a feature of the times how little effect they
there is no dearth of gold. The signs of business improve- apparently have had and how quickly they pass from
ment in Great Britain do not multiply as rapidly as one memory. There is no doubt some reason for this, in the
would expect, judging from the glowing market reports knowledge that the condition of trade and of merchants

making

judicious selections from the notes offered

-

;

;

—

—

OciOBKR

9,

THE

1888. J

CHRONli.Lfc:
SALES OF STOCKS AT TUB

sound. These cases are results of old troubles
and none of them have been developed out of the present
activity.
The extAit of the crops is now everywhere

generally

is

Com

September

some

gain.

Cotton

in

some other

The very low
Siill

is

an unfortunate

the production in almost

all

and low prices with an abundant yield are
Thi
far better than higher prices and a crop failure.
must be the explanation of the active demand for goods
cases

is

large,

reported to be

As

now

in progress in the farmiiig sections.

trade continues

already stated,

Par.

AetvnL

I

«

I

7.133,860 fil»,flOA.050 4S9,3<14,8S8
7,4t3,aDo'ae!>ji(ie.aoo

12.373'
f:'fl,W9J

M73
.1

..!

6.'-

8,S9e,IMl 74»,1IKI.7W 47a,l3e,060

w>sai,vsi

«ji»ifitn aio.i48,4ao 4oe.au,«33
4,488.216 431.231,390 380,677,108
5.007,077 <61,1(«,1S0 313,S88,»<0
4.4S6,7SS 4(«,Sg3,ogO 373,73't.733
7,830,778 783,2 '8.710 403,liaS48
6,871,ie3 638,718,860 3^3,406,060
5,889.548 MS,780,9aa 348,463,707

reported, thongh in an important

We

>.

dence of the progress

give on a subsequent page our

regular statement for the month of September, and it
shows an amount of gain second only to that recorded in
August.
It is true that in the case of some roads
the exhibits for the closing weeks of the month were not
quite so good as
those of the earlier weeks, but
that followed simply from the fact
that these closing
weeks in the previous year had done better
than the preceding weeks, so that we have consequently been comparing with improved results.
The
most satisfactory feature however in connection with the

prices that are being

realized for our agricultural productions
fact to the producer.

Talutt.

Xumlttr
of sltarrg.

Actual.

»

of our industries.

districts

of the Southwest, but in general the quantity has not been

lessened by the storms.

Par.

Railroad earnings are another

has lowered the quality

Texas and

of the staple in parts of

Shara

KXCIIAXGB.

only other crop not yet put

the

is

Excessively wet weather

away.

of

has

NEW TOKK STOCK

Valun.

Xumbtr

matured even in the extreme
Northwest and frost has done it no harm this year
JannUT...
it is only waiting to be hardened, and cold weather is FebnaoT..
needed for that. The crop is likely to be fully up to the Mank
AprU
last statement of the Agricultural Department, and per. Mw
Jan*
haps, in view of the favorable conditions which have pre- July
vailed since that was issued, the final report may show Aujniit....
determined.

411

about as before

particular the situation

gain in earnings

improving all the time and that is that the profits of
manufacture are becoming more satisfactory. The iron
trade shows a pretty general advance in prices, nearly all
kinds and makes of iron and steel being held at higher
figures. Coal also continues in active request at enhanced
is

is

that so large a part of

—

carried forward as a gain in net income

that

it

is

is,

usually

expenses

much smaller ratio than the earnings.
Perhaps the most striking illustration that we have had
of this tendency is found in the case cf the August statement of the Burlington & Quiacy issued this week. The
are increasing in a

quotations.
In the dry goods trade, a good busmess is
doing for the season of year, and in eotton goods and
print cloths there is special activity at paying prices, some

& Qaincy is, as is well known, a large corporand its figures are commensurate with its size. As
of these fabrics being actually scarce.
An evidence of compared with the correspoi)ding month in the previous
year the gain in gross in August this year wi^s $323,871,
the widening circle of activity is the enlarged tota's of
bank exchanges. We have made up the clearings for the of which no less than $426,964 counted as a gain in the
month

of

Burlington

ation,

more than one-half per cent
is the Burlington k Qaincy
the favorable character of its net earnings. Such

net, the latter equivalent to

Sep'^mber, and they record not only larger

aggregates than for August, as

is

tuual at this

on the company's stock.
season, but

Nor

alone in
a very decided improvement over the same month in
widely separated roads as the Louisville & Nashville, the
1885, which is the more remarkable since in that year
some little progress had already been made in
same Northern Pacific, the Atchison, the Chesapeake & Ohio,
also

the

direction.

The

and the Milwaukee Lake Shore k,
Western are distinguished in the same way.
On the Stock Exchange all these encouraging facts and
circumstances are reflected in very heavy dealings and ad.

the Pennsylvania,

increase reaches nearly 700 million dollars,

or over 22 cent

The following

are the monthly

compara

live figures since the Ist of January.

MornHLT cuuanos.

TMatM.

vanciqg quotations.

CUmrU^ OuUiat JHn» ror*.
WK.

F.Ol.

Uailroad earnings being excellent,

and the prospects for a heavy
good, with

traffic in

succeeding months

trade operations increasing and

mercantile

I

Jaaoarr..

+»»

4.uoM«.uil «.ws.«iB.«si -fsn
«Ma,s«QkMii

t.mju/mi'^tn

Aprtl....

iumuoa.iB4i

»ur

ajntjtomv

m

profits improving, speculators

and the public are nearly all
operating in favor of higher prices, and thus it is comparatixaiy^asy to advance quotations, while elements of
weaknaas (there happen to be very few of them
just
now) are easily overcome by the strength
of the general situation.
There have been this week
wide fluctuations, and it would seem heavy realizations
by large operators, causing declines more or less temporary
and more or less important in special properties, but the

-l-»l-8

+V3
wiSisyws

s,oo7.««i.ry'

i

»<•

t.iMjaasis l^l.TU.ISS

'MM,asi

Jan*

f-ii-a

ijtim.'M.itiB t-ISS

+iro

JmXr ..-

(-I8-S

AMaat

4«»sl UKUMI.BBI7I

•at.SM.Wll h»l1l
T.flS9.1*lJMw| •t-I*7

Of course m » maaaore the heavier aggregate is the result
upon our Slock Exchanges, and
yet the actual value of the stock sales on the New York
Exchange was only about 130 millions greater than in the general tendency of the market has remained unchanged.
corresponding month of 1883. Moreover, the transactions However, the advances are confined to special stocks, like
for September are far from having been the largest of the the Western Union, New York & New England, Cleveland
year, they having been exceeded in each of the first three Columbus Cincinnati & Indianapolis, Canada Southern,
months, and particularly in February and March. It is a Philadelphia & Reading, &c. Tois discloses one of the
striking commentary, however, upon the character of the features of the market that has recently grown into great
present dealings, and the tendency to speculate in the low- prominence, namely the disposition to speculate in the ingrade properties, that though the actual number of shares ferior or low-priced shares. It matters not under what
sold in January and September was not materially diHer- pretext these are moved up, the fact remains that they
ent, the value in the former month was nearly a hundred are being handled in large blocks and that operators apmillion dollars greater
that is, in January the speculation parently find it very easy to advance quotations of the same.
tended towards the better or high-priced properties, which The non-dividend payers are for the moment in greater
now are comparatively neglected. The foUowing shows favor than the properties which now and for years past
the tnuisactioDS for each of the nine months of the year.
have been netting regular returns to their holders certain
of the increased speculation

—

|

—

THE CHRONICLE.

412
it is

that a

rumor

of a prospecive

absurd, and probably because

more

an

than

it

dividand,

dividend

regular

actual

however

absurd, counts foi

is

cominfj

Week

[VOL. XLIII.

<n<tln« Oclubrr S, 1888.

Inte Bank*.

OutoJ Banla. Net Change in
Can't Hoiilln.;s,

Ranki* Interior Movement, a« above
8ab-Treaiiir7 oper.and gold Import.

14:7.000
13,800,000

»3,7J 3,000
,^.00,000

1.03S.
littln..

tsJ^t.O^
4,8»,000

Total KOld and leKal tendera.
»13. 777,030
112.213,000
same manner large
a ila. 11,533,000
making regular reports,
earnings by the companies
The Bank of England reports a loss of £646,000 bullion
have apparently less effect upon their Oivn and other during the week. This represents, as said, £23,000 net restocks than have unauthenticated accountJ of the glo- ceived from abroad and £671,000 sent to the interior. The
rious exhibit that this or that road would makf, if the Bank of France gained 13,525,000 francs gold and lo.st
At 1,450,000 francs silver, and the Bank of Germany, if
officials would only furnish the figures for pub'.ijaii in.
but
it
is correctly reported, shows a decrease of 34,670,000 marks.
place,
caution
is
not
of
of
out
such a time a word
Stocks The following indicates the amount of bullion in the
.just at such a time- that caution is not heeded.
should be bought on merit, not merely on tlie rumor or principal European banks this week and at the correThere sponding date last year.
the fact that a clique is at work boosting prices.
is no nead for any fears as to the general business situaOct. 7, 1886.
Oct. a, 1885.
tion
the couQtry is prospering and its industries expandecid.
Silver.
Bold.
Silver.
Tnese fact.s cannot fail to have an effect upon
ing.
earnings and upon the va'ue of railroad property, and no
M
M
*
M
Bank
20,551.301
21,464.92=!
doubt some of the low-price 1 shares, if judiciously Bank of England
of France
55,203,552 45,461,821 46,0'J7 361 44,011,680
selected, will prove good invest tents, but the mistake Bank of Qermany
18,744,135 14,T35,365 12,677,850 15.495.130

in

the

ordinary

In

way.

the

. .

—

should not be

made

of supposing that

the rag-tag of

all

speculation are to be lifted to the level of sound dividend

Total tMii week
Totil previous week

The Assay

payers.

There have been few special influences to affect the
market during the week. Governor Pattison's letter to
the Attorney-General of Pennsylvania, the merits of
which we discuss in another article, had some effect upon
the coal properties early in the week, but it was soon
seen that the effort to harm the companies would prove
any further influence upon
futile, so it ceased to have
Western Union was whooped up on
speculation.
the reiteration of

nected

with

the reports

Everybody

telegraph war.

the

settlement

of a

companies

of the

or indirectly con-

directly

denied

the

reports,

apparently

movement.
land.

only

added

So, too, with

the

zest

the

to

denials

the stock.

upward

Eng.
have been of a

consolidation or amalgamation, the greater the

Cleveland Columbus Cincinnati

&

demand

$150,724 tbrougb the Sub-Treas-

and the Assistant Treasurer received the

the week,

for

Indianapolis

fol-

lowing from the Custom House.
Omaitting oj—

DtMet,

flair.

Oct

1.

'

2.

"
"
"

4.

"

7.

5
6

SoUt.

47
60
71
57
27
48

$3,000

1 6 1,000

1.000
2,500
3.000
4,500
3,000

50,000
68.000
91,000
53,000
43,000

$2812,516 13

$17,010

»553,293
315,533
487,328
744,788
450.780
260,791

Bold

Silver Oer-

Oertifle's.

tifleatee.

a.

XT.

(told.

$122,000
221.0JO
38 ),000

$373,000 *2

$63,000
40.0!

139,000

38,000
61,000
43,000
53,000

lll.nr*'^

lans.ooo

58-.,000
3i3.00i)

but

New York & New

The more strenuous the

Office paid

ury for domestic and $1,334,899 for foreign bullion during

Total

this

94,561,991 60,197,186 50.240,142 )0,506,83O
95,585,670 61,06i>,723 80,979,800 ')^.447.126

Included in the above payments were ^7,000 in silver
coin, chiefly

standard dollars.

TBE ROYAL COMMISSION AND BIMETALLISM.
We are sorry to find that the Eveniiij Post takes fuc

and Canada Southern have been advanced on rumors of
heavy earnings and possible dividends. Missouri Pacific ther exception to our views with respect to the rehabilitaand other Gould specialties have also been very promi- tion of silver. It seems to speak as if the usa of silver innent in the speculation this week and have scored a rise. volved something entirely new to be applied to commerce
The Grangers have been rather weak, because of fears to-day, rather than the continuance of something very old
that the meetings next week to perfect the pools may upon and under the influence of which the commerce and
prove abortive. Among the coal shares Pnikdelphia & values of the present have been built. A new monetary
Reading has shown much slrength. In the bond market system suitable for a new world is not according to our
view the form the question takes. The nations have got
Texas & Pacifies have been a feature at higher prices.
The following statement, made up from returns col- to accept the conditions as they exist and do the best they
Wide distress and danger of far greater
lected by us, shows the week's receipts and shipments of can with them.
disturbance hava followed interferencs with a currency
gold and currency by the New York banks.
almost as old as history itself, and which for about seventy
Received try
SMpp&I by
Set InUrioT
Week ending October 8, 188B,
years of this century had served as an absolutely perfect
S. T. Banki. iV. r. BanJa.
Movement.
Now it does n^S see a
contrivance for measuring values.
Cttrronoy.
1177.000
13 212.000
Loss.. !,7U5.000
60iJ,OQO
tioU
Loss.
5U0,OO0
point
happy
use
of
words, gj tilk atiout
quite
in
or
a
to us
Total sold and

)effal

tenders..

I3.74-J,000

Loa8..t3.a63,000

The above shows the actual changes in the bank holdings of gold and currency caused by this movement to and
from the interior. In addition to that movement the banks

alchemists in response to a proposition simply to restore
that situation.

Nor can we see anything so very
ation,

except that a special effort

difficult in

is

such a restor-

always needed in recov-

have gained $3,500,000 through the operations of the Sub- ering a false step. In the present case, when the surroundTreasury and $1,300,000 more by imports of gold. Adding ings become pressing enough to overcome the conservatism
these items to the above, we have the following, of Great Britain the recovery will be assured, for theadop.
which should show the total gam by the New York tion of a feasible method will be a natural outgrowth of
Clearing-House banks of gold and currency for the such conditions. Emergencies always develop measures of
week covered by the bank statement to be issued to-day. relief. In a general way we may say of silver that it was
It is always to
be remembered, however, that the robbing the metal of its uses, ani discrediting the world's
bank statement is a statement of averat/es for the accumulated stock, which produced the collapse; so any

week,

whereas

the
figures
below
should
reflect device which promises to restore its uses and re-establish its
change in the condition of the banks credit is obviously in the line of recovery. Veiy few really
88 between Friday of last week and Friday of this week. require silver to-day except the manufacturer.
India even,

the actual

October

9,

THE CHRONICLE.

ismo.j

k J8 claimerf, is

losing its taste for

it,

and

if

we

leave affairs

to drift as now, this tendency must develop more and more.
ReactioES in the price of the white metal will occur, one
is in progress now, but in the nature of the case it mnst
be temporary, and at each succeeding dip a lower level

that

it

413

has permanently risen

And

carded.

what

evidence

that

the

modities,

that

legislation

silver is

if

we

shall

principle

permanently

dis-

that but substantial

call

which

true

is

cannot add

of

com-

values, does

to

not apply, to the same extent at least, to money,
had a theory early in the money being a measure of commodities aud not strictly a
controversy that a recovery would be attained by some commodity.
It was pointed
This gives prominence to a distinction as to sources
countries usin^ silver and others gold.
will

be reached.

London

editors

Cost of produciion governs the value of
out to them at the lime, that with discredit attaching of value.
feasible,
and
latprices may for a time fiuc'.uate widely
was
not
commodities;
method
to silver, sucti a
idea,
the
supply and demand, bat in the end
of
the
monothe
varying
heard
with
been
has
little
terly

United States for the actual cost controls. With regard to the metals as
money, production is a consideration, but one of much less
present administration averted the importance, their great Talue being due not to any natural
curreocy disaster in America which Europe was wailing demand, but to a special constant demand given to them
They possess certain q<ialiiies which
for, and which at one period seemed to be not only by the Government.
In the meantime derangements make up their fitness for the purpose such as hardness,
loeTilable but very near.
metallisU trusting to the folly of the

speedy relief.
Fortunately the

—

of a

similar character

situation

there has

developed in

now become

India,

until

the

threatening as well as

durabihty, a

possibility

of only

kc; having these requisites,

production,*

limited

we misht
upon them their
the same eni, and a
or

legislation,

embarrassing. So at length the issue in Great Bnuin
appears to be reduc^ to one of endurance between
India and America, but looking at it through Earopean
glasses we presume that of the two our position still
Hence so long as we coin dollars
appears the more shaky.
we cannot feel any considerable confidence that the work
cf a commission will result in more than a temporary expeTnoughif the distrust which
dient for the relief of India.

better say the

becomiDg so apparent there of late should develop
speedily and suddenly, as it mnst some day, the disturb•ce It would cause and its effect on the minds of men
«aB scarcely be measured. We notice in the London
papers received this week a telegram from Madras referring to a meeting of the Madras Cnamber of Commerce, at

and £20,000,000 of gold, with probably more than a third
of the whole going into the arts, we see in the very nature
of the situation that current supply could have no appre-

is

special

value.

fiat

of nations, confers

Contributing to

is the large accumulated stock
which the nations of the world hold and which
commerce needs and keeps in active use for currency pur-

further souece of stability,

of coin

poses, say

about £700,000,000 of gold and about £700,-

000,000 of silver;

n)w when we add

to this stock, the

small annual production possible, say £22,000,000 of silver

The world has

ciable effect

on the mass.

had forcible

illustration of this

truth.

It

several times
is

sufficient

when our own gold mines were
proluclion
California and when
gol<j

to refer to the occasion

which the Chamber made several proposals respecting discovered in
and then expressed the opinion that when ooca the suddenly rose from £6,000,000 in 1849 to over £33,000,people of lodia realir^ the fact that the future of silver is 000 three years after and continued a; near £30,000,000
^ry uncertain, there may be a rush for gold in India for a number of years and at>out an average of £23,000,difflcult for the world to meet. Tais is substaniiAliy in 000 from 1832 to 1870, while during the same time silver
accord with Ernest Seyd* forecast in 187 1 of course it was production only rose from £4,000,000 to £10,000,000.
then and is now no more than a suggestion, not of what Here are conditions which would certainly and obviously
we should say was imminent, but of a fear of an event in change the relations existing between the two metals had
there not been some regulator in control higher than simthe direct line of sequences.
^Ve simply refer to these circumstaoce*, though they ply cost of production or natural supply and demand.

silver,

;

cover only one phase of the distress silver demonetization
is causing, because they are the more recent developments

and seem

to point to

the near approach of a crisis

when

the need for the old order of things will be moat pressing.

GOVERNOR PATTISOirs COAL MONOPOLY.
It is interesting

to

observe the psrioiic outbreaks

of

companies and other corp3rate property.
The form of attack may be different and the basis
It
of action changed, but the spirit is always the same.
hostility to railroad

But the Poit apparently does not think that even then silver
can be again adopted as currency in union with gold, h
will not accept as conclusive on that point past experience,
is apparently impossible for a certain class of parsons to
when as already said the world used and miiataiaed treat corporations as they would organ!/ ad bodies of prisilver and goM at a Gxed equivalent, an absolutely perfect
vate individuals, though it is difficult to sse why they have
contrivance for measuring values, for so many years.
not the same rights and are not entitled to the same considerAccording to our view, stability during that period seems
ation.
Of course the charge of monopoly is always made,
to establish tne principle, for this is not a question of
and never proven, having less foundation to-day than ever
ratio; the ratio can be changed to suit the conditions if
before, and yet not a month passes but that some new
tbej have ckauged and what has been done once it is
champion of "anti-monopoly" arises and volunteers to resgenerally admitted can be done again.
But going further cue the
In the
people from their corporate "oppressors."
and looking at the question as a matter of principle rather
mean time, business thrives and nourishes, the country
than of precedent, the case is equally strong,
^'e will
continues to grow and expand, and the great bulk of our
find for instance that nothing has happened to silver
people are happy and prosperous.
in the depreciation of late years that might not have hapBut we think it was reserved for the past week to witpened to gold many times in the history of that metal,
ness the most thoroughly groundless cause of complaint.
bad the nations treated it similarly. In other words,
Oar readers will understand that we have reference to the
legislation or the edict of nations has and can, beyond a
manifesto of Governor Fattison of Tennsylvania against
doabt, give or rob gold or silver of its value. Then
the coal companies. Though the result of last years
again gold has appreciated, been raised in value now by
* We are awnto some olalm thit RlWer oan dow be proiluoed witliout
tUs arbitrary discarding of silver, and even European
;

MoaoDist* seem

to

Itrotl; We kuve not room
be pretty much agreed in believing hat nothing to aapi)art It.

here to

nlcr apon thitt polDt, but the elaini

THE CHRONICLE

414
efiort

by the same

yet in

officials in

much

doubt, the Attorney General

the Bame direction
is

is

advised in a letter

to him by Governor Pattison to begin legal proceedings
against the roads in the coal combination on a set of facts

which the Governor takes pains to state have been "meas'
"urably authenticated."
If it were worth while, many of the so-called facts con
tained in this letter might be successfully controverted, but we think the inquiry may well be limited
to two main considerations, namely (1) whether the

—the

reluctance

[Vol. XLni.

law of self-preservation makes

it

inoum -

bent upon them to overcome their objections and combine

with the

rest.

But while the combination attempts to regulate prod uc
tion (though only so far as to guard against its being greatly
in excess of the probable demands), it does not attempt to

regulate prices.
It is true that the recent advances have
been made In concert, but that was simply because prices
had got so low that raising them was necessary. It was

supposed when the combination was formed that by
any of the essentials or char, limiting production in the way mentioned, any very great
ftcteristics of a monopoly, as charged, and (2) whether break in prices could be prevented, but such is the natural
there is any basis for the claim that prices of coal antagonism among the companies and such was the de"With these two points pression in business, that the decline could hardly have
as now fixed are extortionate.
clearly established, it will be easy for any right-thinking been greater if the combination had not existed at all.
person to jadge what merit there is in the proposed The slaughter of prices finally became so great as to make
action.
What suggested the Governor's letter of course all the companies of one mind as to the need for a change,
was the knowledge that there has recently been some and business having in the meantime improved, when the
advance in the price of coal. But there has at the same representatives of the companies came together they were
time, owing to the improvement in trade, been an advance agreed both upon the policy and wisdom of once more
and
in the prices of many other commodities, and we may rest selling their production upon remunerative terms
assured that if coal were an article of private manufacture^ that is all there is to the recent advance and to the charge
few figures will
instead of the product largely of corporate energy, the of monopoly which it has called forth.
Here is a table showing the
rise in it would occasion as little remark as that in the give point to these remarks.
other cases. As it is, the advance is regarded much average yearly price realized for all sizes of coal from
coal combination has

—

A

in the nature of a crime, and yet the truth is that the
companies had for a long time been practically on a war
footing, notwithstanding the combination, and that prices

lump

to

pea inclusive, in each of the years from 1869

1885 inclusive,

to

together with the average for the
E.Mept as to 1886, we use the figures
Engineering and Mining Journal, which pre-

half of 1886.

first

had been continuously declining for a number of years, as of the
we shall show below, till finally they got down to a totally pares a yearly record of the same. The prices cover
unprofitable basis, so that the attempt had to be made to Wyoming and Lackawanna coals free on board in New
York Harbor.
recover a part of the decline.
It is only necessary to refer to this continuous decline in

prices to prove that the anthracite coal combination

sense a monopoly.

Gov. Pattison

is

is in

correct in stating

no

tha,.

the combination was formed towards the close of 1884; yet
in the face of that combination we find prices steadily
Now it is clear to any one
falling till about July, 1886.

monopoly would not
a monopoly is by instinct

in the possession of his senses that a
tolerate such a state of things

—

grasping, and so far from accepting lower profits,

AVERAGE TEAKLT PRICES FOR WrOMING AND LACKAWANNA COALS (ALL
SIZES) F. O. B. NEW TOBK HARBOR.

is all

the

Tear.

Tear.

JPrfce.

1871
1872
1878
1874

i 81

6 09

Tear.

Price.

1875
1870
1877
1878
1879
1880

$5 85
4 53
5 29
3 80

t...
3 09
2 79
3 23
2 32
S 55

PrUe.

1881
1882
1883
1884
1885
1886 (6 mos.)

t3
3
3
3
8

84
78
65
41
12

278

This shows that the average price for 1886 at $2-76 per
ton was lower than in any other year in the record esjpept

Apart from this, however, 1879, which latter was the culmination of the previous era
no basis for the charge of monopoly. The coa^ of trouble among the companies.
Moreover, we find, as
combination is simply an agreement or understanding by said, thatoombiaationor no combinatioQ, the fall ia prices
which the companies engaged in the mining or transporting has been continuous and uninterrupted since 1881, each
of coal seek to adjust production to the limits of consump- year showing a lower price than the year preceding.
time seeking to increase them.

there

is

tion.

Such an understanding is absolutely necessary,for with- Thus in 1881 the average was $3-84, or over a dollar
each company would mine all it could, and as the total more than the average for the six months of 1886 in 1882

out

it

;

capacity

is

estimated to be nearly 50 per cent in excess of

present consumption,

it is

easy to see that the result of

the policy of unlimited production would be to flood the

market with coal and involve all the companies in ruin.
The same difficulty has to be met in other industries in
Thus last year the steel rail manufacturthe same way.
ers came together, and placed a limit upon the output o'rails, and the improvement in that branch of the iron
Or take the cotton
trade really dates from that time.
adopt
practically
the same
manufacturers,
they
goods
course when they shut down their factories and keep
Then there are various
their spindles idle for a time.
other branches and trades where pools or combinations
In nearly all cases these are the outgrowth of
exist.
necessity, and against none of them is any' protest lodged,
because private persons and not public corporations are
concerned.
But the law of supply and demand is as

the average fell

and for 1886, as already said, the
But great though the decline was, that
was not the worst of it the tendency was still downward,
and in one month the average was as low as $2-68^.
Clearly, therefore, something had to be done, and clearly
$3-41, in 1885 to $3-12,

figure

was $2-76.

;

also advances (altogether) of 50 cents per ton are not largo

in view of the previous

should

all

the

average for

heavy

the

tant individual persons or companies
well

known

that

many

of the

bination joined the combination

However

may

members

reluc.

—and

be

only with the greatest

years,

here

is

the

result

get.

AVBRAOE PRICK

IN

{>OTOBEB.

1886.

1885.

1884.

1883.

1882.

1831.

»3 2o'

$3 24

tS 29

$3 71

(3 93

»3 78

This ia the probable arerage, after allowing for
advances.

Thus the advances made,

it is

of the coal com.

the

month (October) wUl reach
Comparing this now with the

present

about $3-25 per ton.
October result in previous

we

decline. It is estimated that

advances be faithfully maintained,

*

inexorable in the one case as in the other.

1883 to $3-65, in 1884 to

to $3-73, in

1880.

$384

aU tUe recent

just about bring prices

up

to

the average for October last year, and consequently leave
it

below the figure of

all

other recent years since 1879

October

THE CHRONICLE

1886. J

9,

in 1883 the

$611,733 (we have arrived at these latter figures by tak-

$3 71, and in 1882 at $3 98—that is, in
year the companies got almost 75 cents per ton

ing the result for the quarter ended September 30, as fur-

Eren two yean ago $3 29 was obtained, while
figure stood at

the latter

415

more than they now

prop>ose to ask.

Instead, therefore,

of present quotations being extortionate or exorbitant

nished last week, and deducting from
ings for

it

the actual earn-

July and August, previously reported), being a

difference

of over

$400,000.

Furthermore, taking

the

comparing with much more
As to the necessity for an advance, we can see that very favorable figures in 1885, than was the case in August,
dearly when we look at some of the efiects upon earnings the decrease in September last year having been scarcely
produced by the previous low prices prevailing. It must more than nominal, so that there was less room for imbe remembered that prices were at their worst in 1886, provement than in other recent months. Nevertheless,
roads as a whole,

they are very moderate indeed.

we

are

and that therefore it will not do to take the results for the gain now recorded for September is second only to
1885.
But the Philadelphia & Reading is the only com- that for August, as the following summary of the monthly
pany for which we have returns for the present year, none aggregates since the beginning of the year will demon,
The heavy gains for the last four months can not
of the other coal companies making monthly reports. strate.
the Reading's exhibit

Still

what a

is

to

sufficient

demonstrate

low prices had become to

serious mat'«r the

fail

to attract notice.

all

^Ve give below the net earnings of the
it»d for August and for the nine months ended with
August, and also the traffic movement for the same nine

jrOMfk

the companies.

months.

RULKOAD

AJTD

COAL *

IIOII

Amm>^

OOMTAST OOMBDIEO.

Ok.

I

Pmtmert

0—t

to

Am-n.

Came±
Am.

Cmnimt.

Ikw.

MH^ISS
«4tM«B
MM^tSI

•.isa^w

lan....

Apt11(«7 roada)
llaT(«S roa4«)

rump.

irm

PML A

111- TMMM

ailMlMS

MUm.
Jaaoarr (M ra*d«)..
February (dS rmdi).
March (03 n»A^....

rarrlti.

No.

ikSBMSI

l7,7Bl.aS«

tJSMW

IT.l«3,8aS

Miif.

%

48JM
4M74

lS.08t.SM

1433*491 Ine. i.s3o,sa

«7.aas

17.9Be,07S

4?.aes

47,710
4«.aeD

17,747,7S8 Int.
S07,84T
178.S3*
/IK.
1S,417,SS« Int.
aas,S47
17,M/,ft<0 tne. s,oe8,sao

«7.4M

«,77B
47.130

ft3.«87

SI .188
saiaaa

b ai (77 road*)

We

*

«

I4.BaSJ3S

4S,I8S

ii i

18BS.

lajssMS

Jnlr (ST road<)
A9M. (73 mada)

Ha

laes.

44.88*

JaiM(M> road*)

Ba

Incnamar

Bamtntt.

isee.

i7,«8*,flei

17,070.179

10.061.630
10.147.730
94.aS»,»06

Dm. 1.0U.SS8

17A13.490 Itie.
siano.asi Inc. s,74a,sta

t7,SS1.707l aB,o«e,*T5 Inc.

have already stated that September

last

83a*.ai

year was

not a particularly bad month, that the decrease was only

amount We may go one step further and
September
has been a pretty g<x>d month for
From this we see that the August net earnings of the
Beading have in a period o.' two years been diminished several years. Of course, in this we refer to the roads
one-half— they were $1,928,880 in 1884, and are only collectively, there being marked exceptions in the case of
$1,067,021 now, and this in a montb, too, when a individual roads and individual groups. In support of the
partial advance had already been effected in the price of statement that September has in past yean given generally
ooal.
Lest it be supposed, however, that thu month's a very good account of itself, we subjoin the following
It
result is exeeptional, note that for the nine months that summary of the results in that month back to 1880.
will
observed
be
that
in
in
1880,
in
1881,
1882,
in
1883,
have elapsed of the company's fiscal year, the net for
1886 are only $7,170,992, against $9,136,208 in the same the gains were very heavy and continuous that in 1884
nine months of 1884. These resnlu, too, were in face of the there was a decrease, but relatively small (only $1,138,fact that the traffic of the road (according to the figures in 152), that in 1885 the changes were only trifling, while
now for 1886 the increase amounts to over $2,800,000.
the table) increased very decidedly,
and
usi....

TMS^ITS

•.tlB;MI

18.ns.73*

nominal

in

say that

;

both passengers
merchandise, and also that the company mined and carried

more tuns

of coal than

it

did two

yean

ago.

Mim^,.

We are

unable to carry oar comparisons further back, since the
Central of New Jersey was not included in the years
preceding.

Fdor

Olsra.

PrwadM*.

Mttf.

MOm.

S<pt..lSBO(SBraa<la)

It

follows, therefore, that the

suffered not from a loss of business, but

Reading has

from a

Ices of

iaam
47,r»

37,388
43.17*

SepUtSSS.aSroada)

81,7.*)

VX»

turn
iASM.
«.«BT

What the main reason for this loss of profits has 8w(,US4|aSrgMW
been may be gathered from President Ketm's remark that St^^^SOiroada)
* corporation could not go on forever operating at a net

AmiMfL
rasr
FMf

/ncrmMor
J>wrMM,

Otora.

t
15.480^10

f>apt,I8Bt(aBroad«)
8apt..l8H(»lraa4>>l

profits.

loss

Ttar

•

1

IS.713.088 inc. 3,773.108

a9..i«<.i7n

*i.»a8iA/iu:. 8j»},aH

88,730.>«7

S7,<IJ»

a7.4M.17»
•.«e6,0S4

a6.1lM.4M Int. 8.M*.4aS
tS.4'«.'l<l(ac. 2,007.060
«n,»»«.'jiH />M. l,i:M,ia«

43,37*

S<,S71l,4t3

*o,x»..u>'< tKc.

IH,aM

«7J18I,7»7

is,oui.i!;i).

tu.gis

Inc. 8,882,43

The influences at work to improve earnings have been
cenu per ton, and that after losing so much
was about time that the Reading began to make much the same as in previous months, though some of
them were relatively not so strong. A very potent and

of 42

money

ome.

it

Altogether, we think that neither the charge of general influence was the revival of industrial activity,
monopoly nor of exorbitant prices is substantiated by and this of course is as strong as ever. On the other
mch facts and figures as these and while it is hardly to hand, the movement of winter wheat has fallen off somebe expected that those interested in arriving at a different what, and many of the roads which had shown such heavy
result will accept the conclusions reached, the managers of gains in earnings in the previous month on account of the
;

the coal companies

may

rest assured that

their policy has

the approval of the great body of the business public.

RAILROAD EARNINOS IN SEPTEMBER, AND

that movement this year as contrasted
movement of a year ago, are no longer so
conspicuous in that respect.
Bat the movement of spring
wheat has grown to much larger proportions, and Chicago,
large extent of

with the small

from showing a decrease below last year in that variety,
now shows for .Saptember an increase, notRailroad earnings continue of the same very favorable withstanding that Duluth is so completely oversbadowing
ebaracter. The increase for the month of September reaches Chi(;ago as a spring wheat market, the receipts at the
$2,858,671 on the seventy-eight roatls reporting.
This Lake Superior port for four weeks of the mooth reachit not as large as the gain for August, but the New York ing about
Of course a different class
5^ million bushels
Central, which for that month contributed an increase of of roads benefits by the increase in the spring variety
$1,030,780, for September furnishes an increase of only from that which was benefitted by the increase in the

FROM JANUARY

1

TO StiPTKMDER

30.

as in August,

I

THE CHRONICLE.

416
and the roads that share

fVoL. XUll.

Duluth gains a year ago, though only in the case of the Chicago
& Northwestern were they large. In the present year the
that share in the Chicago movement.
As regards South- Milwaukee & St. Paul is specially distinguished in amount
em roads, the cotton movement as a whole was not equal of increase, but the improvement extends to the whole
to that of a year ago, but Galveston and New Orleans body of roads in that section, and some of them have a
winter variety

;

movement

spring wheat

had much larger

are not always the

in the

same

as those

receipts of the staple than in 1885, an<l

the roads in the districts contiguous and

tributary to

those points had that circumstance in their favor.

The

following table, giving the earnings and mileage of

roads

have

that

show how

yet reported

September,

for

all

will

these various iniluences have affected different

roads.

Bamin')\

(fi.Ks

Ifame of Soad.
1886.

1885.

$

Mileage.

Inereaie or
1886.
Decrease.

S

23-1.500

233,398

118,805
1K8.194

133,431

Canadian Pacitlc

9H3,0.1ii

+925

I'i7,b0lj
2,.555,00i:

Chicago &N.r(liw«Bt
Ohio. 8t P.Minn. &0

2;617,300

2,052,32.'!

018,800
12^,594

600,905

2i8.27.i

3i,42ti

219,256
160,269
5S,617
24,801
24.041
24,923
149.824
49,376
25,535

232,891

231,9;(6

632.t)'j9

568,694
23,263

+ 61.995 1.317
-J

ll.-"

l'28.2*.=i

—18,508

261
1,104
146
361
140

01^1^aKO

Chicago

Chic*

& A Iron
& Atlantic

12.5.976

770.124
174.030

-.

Chic. & West Mich....
Cin. Ind. St. L. &Ch..
•Cin. N.O. <feTcx.Pao.
'Alabama Gt.8onth.

172,S30
68.142
24,09!
22,9G6

-N.0.& North
"Vicltsb

ISast.
.vieriilitn

<fc

& Puo
Cm. Wash. & Bait....
Cleve. Akron & Col
Col. & CiQ. Mlillanil..
Col. Hock. v. & I'ol..
DenT. &, Kio Grande.
•Dps Moines & Ft.
Detroit Lans'(? &So
•East Teun. Va. & Ga.
Evansv. * T. Uauio.
Flint & Pero Maru
Ft. Worth & DeuT. O.
Grand Trunk of Cicn
Quit Col. & Sanu Fe
"Houston & Tci.Cent
•Violisb. «h.

.

2tf,9.S2

203,710
51.721

.

27,748
100,787

L).

.

.

1

Di. Cen.

Div

(III.

Do
Do

)

(So. t)iv.).

2in,6r)3
63,10-.

178.4241,000
1,5^7,102
217.00
2! 9,^46
638,73 4
287,274

(Iowa Div.).
Ind. Bloom. & Weai..
Ind. Decatur & So

251,363

Gull

1-17,1.S2

C. Ft. 8.

&

& Mem
& Western.

1->2,591
3^*,3i7

•Kan. C. 8p.
L.^ke Eiio

& Hudson

...

Lone

Island
•Loiilsv.EyHns &St L
Louisviliei^ Nashv...
Loulsv.N. Alb. A Chic,
liouls. M. O. A Texas.

94, =.71

123,949
18.306
330,233
68,166
1,275,430
190,593
126,600

*Marq. Hough. & On.
'Memphis & Char'tou
JMexlcan Central

Milw.L. Sh. & West..
Milwaukee & North..

tN.Y.Cent.&HudR
IN. Y. CityANor.h'n

116.8ii9

254,409
68,470
167,754
39,677
1,293,603
211.163
220,869
615,605
318,561
107,2o8
242.461
30,799
142,628
66,M85
121,143
17,431

315,78
52.539
1,146,97>'

+ 13.54

•26i

+ 139.513
-18,005

+ 14,299
+ 52,5
—2.40

+ 231.722

+ 134.975

+ 17,395
+ 11,785
+ 29.019
+ 1-2,061
+ 9,^25
-711

—1,075

+ 2,02y
+ 53,886
+ 2,351

+ 9,841
+ 8H.=.
—52

+ 7,254
—3.364

+ 10.6'4
+ 1,323

+ 221,499
+ 5 83'
+78,377

+23,089
—
3l,2!0

+ 15,30
+ 10.902
+ 1.5 8
+ 1,524
+ 27,536
+2,«01
+ 82

+ 14,466
+ 13.627
+ 128,452

4,166
511
849

70
321

9J:i

711
40
.532

152
38H
252
386
0>

351
2i3

81.08-'

8i',76,^

+ 317

89,683

88,710
238,79

+ 57,79--.

1,236

1,236

14 8.6

lo

+93,926

46,299
2,437,667
42,391

+ 10.910

534
220

527
220
993
54

•

+ 36,573

+ 973

+611.733

+ 4.8 )B
+ 5.8 )

520
511
160
330

246,8^6

+ 51,140

503

1,224,955

2.77>

406,981

36-,816
59,074
79.157
373.033
167,304

+236.445
+38,163

53,101

89.810
360 3 37
168,240
58,56
40,720
5'<,641

101.296
82,191-

76.901
4«H,54201,041

.

f tateu Isl'd

Texas

& Piiciao
& Ohio Cent.

Wab. Ul.

.

i.rfiuU* Pao.
* ffisoonsln l/entral .

45,866
113,454
87,079
73,309
391,803

+ 10,775

172,57.1

571, 80.1
75,827
1,201,93!
83,786

04,788
1,139,439
74,179

46'',o00

Total (77 roads).. 27,931,707 25,019.276
Or. R'y &Nav. Co....
553,800
577,360

Grand

total

+936
—21,583
—22.680

747,573
74,160
105.934

A Tex.

— ,973
— -),706

+ 10,6 S3

80,15<.
6 1,400

823,39
91,213
111,943

Rap.Tran

Louis Ark.

123,67,

—3,1.-8

— 4,'580
+ 1.591

+93,743
+31,471

+ 73,819
+ 17,053
+ 5,939
+ 108,800
+ 11,039
+6i,497
+ 11,607
+ 2,882.431

511
160
330

1,46.
54
321

l,4«l.4ii0

Louis & San Fran
P»:i!& Duluth...
Paul Minn <teM»M

2 3
2,01
4 77

2,0 l.T

Northern Paoilto
Ohio & Misaissippl ...
Ohio Southern
Peoria Dec.&Evansv.

loranoliesl.

144
536
520
953
711
402
532
132
339
282
386
63
354

3o0,966

Do

361
2,913

Western...

at.L.A.&T.H.m.llne

146

692
52o

Norfolk

& Greeuv. Uiv.
West. No. Car. Div.
Bt. Joseph & Gd. Isl..

3-24

1,317
143
201
1,101

2.924

129,48.^

Col.

281
144
70

281
141

+29,321

242,531
5 7,'i3Q
3,049,400
47.284

So. Car. Div

336
295
196
142
170

10 ,272
90,027

296,r)9

Elch. & Danville
Va. Mid. Div

251
4.933
3,843
1,325
413
342

413
342
336
295
lyO
143
170

West'u..

Toledo

the history of the

in

which

the eastern end

at

the same section of country, has an

improvement, its increase
Both these roads no doubt owe much
of their gains to the tendency of grain and other freight
to find a market through Duluth,
The Manitoba road
also comes to the front with materially enlarged earnings.
To show that present earnings compare well not only with
equally large

percentage of

321

in the

other previous year?,
the totals of

of

we give

the

leading roads

five

back to 1881.
September

1384.

1881.

1883.

1583.

«

t

\

t

*

:

Chic. Mil. 4. St. Paul.
2,555,000 Z,«3,276. 3,-20l,241 2.220.184 1,950.710' 1.844,070
Chlo. & Northwest...
3,687,.300, 2,552.324 •e.346,U14 2,«4r,9'i8 3,563,041 2,282,871
Chic. St. P. Minn. & O...
618.800
600,91)0
527,884
523.4H2 52.'.2a0, 378,370
St. Paal & Duluth
204,018
172,575
l.'>2,l«
142,37^
65,096
120,-J15i
8t. Paul Minn. Jb Man....
823,397
747,578
733,587
761,473 831,61- 483,281
I

Total...

,'6,838,543' 6,346,660 S,906.769l6,a3i<,4lJ5 5,9t>0,76j 4,859,063

Thus every road, with but one exception reports larger
September earnings than ever before, the exception being
the Manitoba, and that falls but a trifle below its best
previous

figure

—

in

1882.

The Milwaukee & St. Paul
itself.
To determine

perhaps give the best account of

now

played by the grain and provisions

the influence

movements

in

bringing about such favorable results,

we

have prepared the following table of the Chicago receipts
for three years.
RECEIPTS AT CHICAGO DUKISG SEPTE^fBEE AND SINCE JAN.
September.
1886.

Wheat. bMh

1885.

JiH.

1 tu Sept. 30.

1886.

1884.

1.

1««3.

1884.

8.457,70

13.n70.K79

49,31-<.036

49.1145.147

30,546,784
73«.»5

23,847.677

13.945,550
48.815.365
31,859,863

1.319 613

2,350,460

2,165,550

]

,202,366

3,472,9 8

8,541,135

6,712,834

4,728,305

4,809,360

7,732,030
4,911,131

118,386
1,959,187

S52.092
1,050,918

!ai)

1,064,808

7,897.640

5,3 73,033

4,432,094

(rraiD.

17.510,653

13,823,170

17,9«0.1l.)

98,7511,434

98,953,316

Flour.. .bbls.
Porn... bbls.

384,171
1,813

S93,800
2,393

235,717
752

m't8.lbs.

8.472,185

11,505.214

8,l'20,29.-)

liar,!.... lbs.

7,970.143j

7,501,697

1,752,827

64,-J3-<.l46|

4a,l-.;2,093

374,967

234,02;

4,576,0431

4,3-i0,514

Corn., busa.
Oats. ..bush
Kye. ...bush.
Barley bush
Total

Cut

LIV3hO(!,'.Vi

41:8.430

i

779,

96.757.16

-i

2.574.4H4

4,017.72

30,850

16.;81

119.23 <,508 117,621,655

3,-23I,41l

84.642
89,408,323
45,006,430
3,230,110

503

Here we observe that the grain movement as a whole
616
66
123
128 was 3^ million bushels greater than in 1885, but not quite
23.
234
77'
774 up to that for 1 884.
As compared with the latter year
355
355
37.
373 the wheat movement was somewhat smaller, and the corn
296
296
We need not, as in the preced"
274 receipts decidedly larger.
29
25 i
252
19193 ing month, separate the spring variety of wheat from the
138
13f
87
815 winter variety, for both classes show an increase on 1885,
225
225
l,50!i
1,475 and both a decrease from 1884. It is to be noted, however,
2i
19
that the flour movement was larger than in either of the
73-1
735
1,487 1,187 two years preceding, the increase having been progressive,
213
213
2,140 2,140 and further in the provisions movement the deliveries of
418
413
33,297

live

hogs were also very materially in excess of either those

for

1885 or 1884. But on account of the increased tendency

53,0:).']

of wheat towards Duluth

I

•Includes three weeics only of Septamber la each year.
t For four weeks ended S ptember 25.
} Uexioan currency.
oFiaure3oreiriUn<4 for last yeir hive been acUaited s> aj to
tlJe basis of comparison the same as this year.
If Including West Shore in 1836, but not la 1885.

The roads

all

2,691

—23,76.

28,4^5.507 25,626,836 4-2,358,071

but with

following statement

490
849
268

251
4,989
3,948
1,339

&

*St.

much

runs through

month

Pacific,

3,061

268

ON.Y. Out.
<te

663
29
990
265

663
294
1,006

Easti-ru Ul...
Chic. Mllw.<fc8t. Pan!

Central Iowa

8t.
St.
8t.

The Northern

last year,

—3,818
—14.026

197,269
43,965
823,487
142,041
755,825
121,430
169.714
2,273,278

57.511

1885

S

BuffaloN. Y. & Phil..
Buff.BoLh. & Piitsl>
•Barl.Ced.Kap. & No.
Cairo VlQO. &CUio...

Lehlsh

the largest earnings for any
road.

reaching $236,445,

GROSS EA.RNINOS A.SD MILEiOB IN SEPrEMBSK.

*Kan

much larger ratio of increase. Thus the S'. Paul &
Duluth has an increase of over 18 per cent and reports
very

and Like Siperior, the receipts at

Chicago alone no longer oH^r a correct guide

and influence of the grain inovement.
make

Northwest here dispute honors with

We

to the

extent

consequently

produce below our usual detailed statement of the receipts
of the cereals at all the leading lake

West.

and river ports of the

The statement embraces not only Chicago,

Mil-

waukee and Duluth, but Toledo, Ddtroir, St. Loui?, Cleve"
the trunk lines for the size of their gains.
On the whole, land and Peoria, the figures covering the tour weeks
the advantage rests with the former.
What makes the ended September 25 and also the totals from the first cf
gain the more noteworthy is that these same roads had the year.

OCTO.EB

KECnm

THE CHRONICLE,

18WH

»,

or rvova. akd osxci pok rova wkeks kkued stiTKusKR
33 Aao sixca jabuabt 1.

417

by the preparations for the change of gauge. In Texa*
& Santa Fe is comparing with Delta
figures than heretofore, and therefore doea not show the
the Gulf Colorado

Cbm,

IFkMit,
(»«•*.)

(MtaJ

Oata.

The Fort Worth k Denver
But the Houston k
three weeks of the month (all that

heavy gains formerly recorded.
iB7.-4I

•»».. ¥«pt.,l*<

lUDee Jas.

"as

S, l»>.)ll»t

Mdc* Jan. 1. 1»
tMwm»k»»-

*,l<8.»ll

I,

g.OtS.M-

«^4t4>

I.iin»,"H

^fti.ll.

....

».«o«.m:

Tills 74

44.KKI1

<W.«

41 in.
4.~IU7.!K

4«k«.,tl*p:..li«'<(

Sloes Jul. I, *»
Mocv Jar. !.•-»

U .Mi

I,

ie7.2ii'

<i

llfi'

4IT.K7>>

LSM

4^,73e

1.1^'

OlO.vkll

14,160
1I.«>1U
yio.iwrt

4wk^
4«k>

3M.»«

Kt.OT>

WB.T7

i.iinatii

F.lGMl*

i.

*3,lllW

MI0.S74

•taMJaa.l.'H

i>j.;a«

I.US.IX4
».WII.«0
8.3M.a<«

«vk«..f«»t.,l«il
4 «k«_ itopt ,1-MS
HbK* Ju. :, la.
SMC* Jan. lit*,

II.
l.im
im
Tjni
rjni
"
JO I.7M

4wtt..g«»t .1WW
ll>k«..^p l-nS

aojia

1V7.M1

I3I..MU

I.4J>.I»«

t«ka..8«p(-.l8i«

«*.. 8«pc.ui«
I,

•«.

I.

(T2.gAi;
I7<,7*),

4IU.7S4

4.73»,*W|

51V »«l

S,4n,MI

4V<I,IMI

«I.WSl
S;:iMi

i.«M.8aoi
l.<
I.I

»jBo<i

««to..a«p-..u«

HOD

4wka..«*p(.,li*«
Jan. l.>>t.
SiBM Jan. I. >«.

M^IT
•US)

Mom

or nearly on<-:hird the mtire

may

:-:

I.

.>..

IH

iDiliiooia,

1HI.0:ii( t.l«6,«9W
4j»m.-t»\ >gNa,nio

'.-.7iO

4iU.&10

XII.VM)

44;,4'JU

4t;W-.7M

balsi

I

"is 7J1

l««.-(«7
41u.ai;l

.

llW.-iO

I>i7.»«

uuo

it.i«Mjeu

<«PJII1

ll.4a9JI74

!(«».

ISM.

assMS

Ue.488

soe,ssR
«.e«8

8J1S
67tUtll)

Mobil*.

87.1170

-

I«.7S0

Savaanali

#.....

SO0.A5V

BniDawick.a*
CharlaiMa

......

S.TOi
170.107

S.OU
S3.M4
S.SM

Wllnlnxton
MorahaadCltr. a*..

WwtPolat,ae.....
Total.

sa«.78&

8S4.«r7

an.

493.483
63.438

«W,083

S7.338
S3S.037
S.OOO
13S,Se3
4.838
«S,HO0

Sl.063
9i4.4«a
8,700
1B3.499
3,0»1
as.4oe
t,480
17«,«0«

10S.4M3

1.7*4
ise,«S4
«».0«»

i.ia>i.Tr;

I.HM.nM

SIIMR

Norfolk

njMUM.

ISM.

a«

Port Boral. a«

ii<.MM,i«a

....>.0«

VBOM

SlnetJmutaml.

NawOrleaai
norlda

3.l«I.W>ll

(Mm Ml «7jaMM S5S5?;

I

at the ports, as

our usual form.

Pert*

GalTMton

.agft.471

I.

i

SrpUmbtr.

-:

•.3»

•W«,«i

MM3W

i

81«lOM(|

1*,I4";M7

Jan.
itm.

aovemeat

of cotton iu

12,274 balesj

1

or COTTOIt AT SOtrniER}f POKIS IM SKITEUBKK. AKD
JiLXOAKr 1 TO ^BrrEXBEB 30. 1880, 1885 AJUi 1884.

»>.7UJ)

4MJ«N»i l.«<M.t43

ai(.4iftA<:

movement

be seen fro n the following table

B0.4II5

I

lu
.11

Pacific has over 20 per

Texas, the port of Galveston having rece ved

!0.:i7

'aKiM

.

doubtless found in the very heavy

«•.;.•).'

si,oiie{

.'.•

&

for these exceptional gains is

i.<ro

1,IM,4.S

1, "aS

Ths reason

«H.S 4

W.UU

I4A,'W
IW.3i4

over 37 per cent, and the Texas

«S7>I8

lAitlM!

'

»«.iua

17,bt«,43D, ^49:

71.14?

-M

^7.•»<lfi

w<i.<a»

&I

.

•Itot Jan
Sloe* Jan.

first

has yet been leported) exhibits an increase of $78,000, or

M.86-

l»i.M5

I

tVUejsty] B.«<n.Uk<

ia.oia.xiii

iMac* Jmn.

Texas Cen'ral for the

cent increase.

I

Smce Ja i.

City also has only a moderate increase.

:

I

3o:,si»

St.

ia3>6i«

ti4,4es

«i3S»
1.40B.««a

This shows ns that the recipts at Galveston were over
There is
wheat moTemeot, bat the 31,000 bales greater than in September 1883, and that at
greater part of it is seen to be at Daloth. That port has New Orleans there hsa also been a substanial iacrease
more than doubled its receipts, which are nearly three but that at nearly every other port there was a consider

Ttii pats a different pbaae upon the mailer.

a verj heavy increase in the

million bosbels greater than in the

•ad

it

same period

of

1885,

baa 5,241,010 bushels oat of a toul of about 13

millions

at

poru

the eight

together.

It is significant of

able falling

off.

We may say

that the increase at

New

Orleans represents exclusively Texas cotton, the arrivals

from

oflier points (except

the importance to which Dulath has risen as a market for

k

wheat that it received more wheat than Chicago, Milwaukee, and St. Louis combined, and almost as much as Chicago, St. Louis and Toledo together.
Nor is it in Septem.
ber slone that Daluth has earned this distinction.
P'or the

the Louisville

by the Louisville

T«xas) recording a decided falling

New Orleans k

off.

New

The

Orleans

increase on

Texas, contemporaneous with

the decrease on the Illinois Central, would seem to indicate
that the former had gained at the expense of the latter, but

the real reason

why the

Illinois

Central carried less cotton

Like Superior port than a year ago is probably that the cotton crop east of the
leads all other porU in the amount of wheat received, its Mississippi is late tbii year. The New Orleans & Texas road
total being 11,899,867 bushels, all spring wheat of course, drains a district of its own, and doubtless gets much cotton
Neverthewhile Chicago, which gets both winter and spring wheat, now that formerly went down the Mississippi.

period since the

1st

of January the

baa a total of only 8,103,466 bushels. In view of this less, the large iacrease of $36,573 (40 per cent) in its
prominence that Doluih haa aasumed, it is not surprising earnings for the month of September is quite remarkable.
ibat sU the roads having an outlet to that point should Considering this fact of a smaller cotton movement east of
have made larjte gains in earnings. The gain on the Mil. the Mississippi River, Southern roads must be regarded aa
waokee k St. Paul, however, cannot be attributed to that giving a very good account of tbemselvef, though there

drenmsunce,

no outlet at Lake Supe- are spjsa few of them that

as the St. Paul has

fail

to reach their totals of

The Louisville k Nashville has quite a
Lake Superior, the Milwaukee Lake Shore k Western large amount of increase, while the East Tennessee, the
again has a very large and a notable increase, but the Mar. Memphis k Charleston, snd some of the roads in the Cin.
qaette Houghton k Ontonagon haa only about succeeded N. 0. k Tex. Pacific system, also have gaior, though
jB holding its own.
It has been reported that the high only moderate.
But the roaii deserving mention beyond

With

rior.

reference to the roads carrying mineral ore to

lake rates had checked ahipments.

last year.

all

others

is

the Norfolk

Of the roads running south and southwest from Chicago, $54,140, or over 22 per
the Chicago k Alton has recovered only a very small
part of iu very heavy loss of a year ago. The Illiaois

Central has a somewhat heavier increaae, but in general
this class of roads haa only moderate gains, and some of

k P^astem Illinou and the Evans.
Terre Haute, have small losses. Looking at the
txMds running towards the southwest on the other side of

tbam, like the Chicago
rille

k

the Mississippi, the reaulta are more encouraging.
stance, the St.

bad a heavy
there

is

hM over

I

Louia

«', this

k

San Francisco, which

year has a

still

tue Kauiaa City Springfield

40 per

c-

nt increase.

P'or in.
last

heavier gain.

&

year

Then

k

Western, which has a gain of
Tnls gain would appear

cent.

due chiefly to the development of the road's coal
and mineral traffic.
One class of roads has not yet been referred to, namely
the trunk lines.
Of these, the gain on the New York
Central has already been set out, and we have only to say
that though the increase on that roa'l is not as great as in
July or August, the reason doubtless is that we are comparing with better figures a year ago, though we have no
Next in importance to the
deSoite data on that point.
Cuntral is the Grand Trunk of Canada, which has an in.
to be

Memphis, which crease of $228,499, cr nearly 18 per

The Texas &

doea well contideriog the interrupt oos to

St.

cen'.

Louis also gain perhaps the Cincinnati Washint^too

traffic

caused

the Chicago

k

A'lanic lead

all

&

In

ratio of

Baltimore and

others, the one

having ea

THE CHRONICLE.

418

(.Vol.

XLIII

& Qaincy is perhaps most noteworthy for
improvement, having gained $427,000 or nearly 40 per
cent.
But the Atchison, the Louisville & Nashville, the
Pennsylvania, the Erie and the Northern Pacific also all
have very large gains, while there is a host of minor roads
that likewise are distinguished for their very favorable
returns.
We have not the space for any extended remarks, so we annex without further comment the followagain to be ing table containing all roads that have yet reported their

increase of over 35 per cent and the other an increase of
over 43 per cent.
But the Ohio & Mississippi, the Cin.
Ind. St. Louis & Chicago, and minor roads in the territory
of the Central TrafBo Association,
like the Indiana
Bloomington & Western and the Indianapolis Decatur &
Springfield, also make satisfactory exhibits.
The Wabash
does not have so large a gain as before, on account we
suppose of the reduced prominence of the winter wheat

movement. The Alton & Terre Haute is
mentioned as an exception to the general rule of increase

by the trunk

As

The Burlington
its

figures for publication.

GROSS AND NET EARNINOS TO LATEST DATBS.

lines.

nine months of the
year, it is significant as showing the progress earnings
'have made in the more recent months that the table below
contains only 17 roads(out of 74) whose earnings for the nine
months fail to reach the totals for the corresponding period
in 1885, and in only one or two cases does the decrease
amount to much, the Burlington Cedar Rapids & Northern
and the Southern line of the Illinois Central being about the
only conspicuous instances.
As regards the gains, it is
hardly worthwhile pointing them all out where there are so
many prominent ones. Let it sufBce to say that the total
increases reach $19,028,846, and the total decrease only
$923,189, leaving the net increase $18,105,657, or 9^
per cent. Ttie following table gives full particulars.
«R08«1 BARSmOH FROM JANHAKY I TO SBPrEMBER 30.

regards the exhibit for the

Name of Road.

1886.

first

1885.

Increase.

Decrease.

Atigust.

Name of Road.

1885.

1886.

& S. Fe... Gross.

Atoh. Top.

1,341,951 1,243,909

706,293
113,941

Net...
Gross.
Net...
Boston A Lowell
Gross.
Net...
Buff. N. Y. A Phlla.. Gross.
Net...
Burl. Ced. E. A No.. Gross.

& Poto

Baltimore

Cam.

Atlantic

Gross.

Net

Canadian Pacltio
Central Iowa

. .

Chic.St.P.Minn.A Omaha

& West Mich

Cln. Ind. St. L. .t Chic.
-Cip. New Orl.& Tex Pac
•Alabama Gt. South'u.
•New Orleans & No. E.
'Vicksburif & Meridian
Vicksbur^ Sh. & Pac.
Cln. Wash. & Baltimore.
Cleve. Akron * Col
Col. & CiQ. Midland
Col. Hock. Val. & Tol...

&

Rio Grande.
•Ues Moines & Ft.Dodge
Detroit Lansing & No.'
•East Tenn. Va. & Ga...
.

ETansT. & T. Haute
Flint & Pere Marquette.
Ft. Worth & Denv. City.
tGrand Tr. of Cauarta.
Gulf Col. & Santa Fe....
.

•Houst. & Tex. Central
DX. Cent. {lii. Dlv.)

Do
Do

(So. Div.)

(Iowa

Dlv.)...

Indiana. Bloom. A West.
Indlauap. Deo.& Spring.
'Kan. City Ft. 8. & Gulf.
•Kan. City 8p. & Mem..
Lake Erie & Western ...

& Hudson

Lehigh

Dong

Island

•liouisv. Evansv. &St.L.
liouisvllle
Nashville.

*

loulsT. New Aib.& Chlo.
Louisville N. O. & res..
•Marq. Houghton fc Out.
•Memphis & Charleston.
'..,
{Mexican Central
Milw. L.Shore <fc Wesfn.
Milwaukee A Northern.
IfN. Y. Ont.al
E..
tNew Yorg City & .Vo...
N.Y. Ontario & West'n..
Norfolk A Western

&H

Northern Paciflo

Ohio*

Mis.sissippi

Ohio Southern
Oregon R'y & Nav. Co.
Peoria Decatur (fc Ev...

KlcnmondA

Danville...

Va. Mid. Uiv
Div
Col. & Greenv. Dlv
West. No. Car. Div....
8t. Joseph & Gr'd Isl'd..
So. Car.

•St.UA.AT.H.main

Do

do

line

(branches)
8. Fraucisco.

8t. Louis <&
St. Paul
Duluth
8t. Paul Minn.
Man...
'St. L. Ark.
Texas

&

Texas

A

A

&

Paciflo

Wabash St. L. A Pao.
•Wisconsin Central
Total |74 roads)

Net increase
'
J
-

877,«2(i
1.9I!»,99

904,73 i

932,703

Chic. A Eastern Illinois.
Chicago Milw. & St. Paul
Chicago <s Northwest

Denver

1,753,008

7,043,821

CUcaKo & Alton

Chicago

1,93^,530

.

5,7ia.l7!<

1,260,157
17.20J,OO0
17,911,868
4,-t04.30i

5,907.379 1,136.444
907.992
24,711
5,789.159
1,172.905
87,252
16,r.46.123
656,877
l7.1i)l,6V.i

4,O60.52«

1,030,730

946,143
1,752,817
1,829,012
725,671

793,436
400,318
330,022
294,537
1,449,719
394,714
232,833
1,701,921
4,740,225
231, 50«
892.703
2.820,787
563,782
1,597,622

27,109
141,395

2,0-^1,392

l.!)01,3.iO

1,95.1,291

180,572

750,216
243,777
84,587
148,513
126,249
67,765

440,43rt

40,118

372,631
142,437

43.63K
50,511
204,904
22,113
90,396

1,707,268
4,415,52«

3'2i",696

286.386
244,026
1,244,815

45,680

1,519,610
339,417
1,864.123
479,729-

116.87'J

6 080,823

121,918
5,083 85)2

2,131, 86-<

1,932,.-)19

380,032

79,66823.42 7
372,532
17,152
9,693
299,198
107.700
62,932
28,833

5,344

2.14,663

231157

6.770
835,933
2,773,954
46833
538.673
25,109
1,410,641
186,981
28.3,836
342,959
12,043,621 10,693,729 1,314,892
1,499,022
1.100,860 398,162
1.455.O30
1, 837,-^47
382,517
4,704,05-2
4,791,988
87,936
2,6 18,0 9
2,930,307
1,232,400
60.932
1,171,46a
1,714,149^ 145,974
1,860,123
306,927
263,514
43,413
1,724,103
1,771,933
1,034,433
1,039.148
940,413
877,939
62,424
l.i6,679
128,75;i
27.926
2,343,195
2,239,217
113,978
608,642
503.447
105,195
10,065,639 10,116,655
1,337,943
1,194,267
143,676
1,087,145
77l,28(
315,879
737,63 J
604,319 133311
899,52 ;
879,674
19,853
2,686,482
2,650,499
35.913
1,685,194
961.751
720,443
457,732
409.752
47.9-10
17,6lv),272 6.001,339
23,620,6
400,077
321,812
78,265
991,23:'
933,2^7
58.0ni
2.294,042
1.914,528 349,511
7,802.n85 972.3U
8.775,041
2,851.2ie
2,723.314
127,89
360,944
324,946
35.998
3,7«7,075
3.314.401
452.671
589,086
512,460
46.626
2,866.221
2,823, 84i
42,379
1,128,933
1,141,190
53),392
561,415
410.164
454,161
391.269
345.246
46,023
837,618
772,304
65,314
866,5 -il
874,02 K
527,086
537,320
3,381.733
3,066,176
315,557
1,019,382
917,139
132,243
4,96ii,892
4,955.194
1.126,'.!2
735,6H0 390,539
3.956.251
3,568,598 387,653
9,321,416
8,510.839
810,577
1,027,820
1.016,361
11.459

1510^6^7

312,228

Net.

118,404
30.552
119,375
46,183

Mexican Central.. .Gross

Milw. L. Sh.

A

W

Gross.
Net. .

A Northwest. .Gro:;s

A St. L.. Gross.
Net...
•N. Y. L. E. A W.... Gross.
Net...
N. Y. A New Eng
Gross.
Net
N. Y. Susq. A Weit.. Gross."
Net...
Norfolk A Western.. Gross
Net...

Northern Central.. .Gross.

51,016

Oreg. R'y

Net...
Gross.
Net..

Northern Paciflo

Ohio

A Mississippi

..Gross.
Net...

ANav. Co. Gross.
Net...
east

Pennsylvania

40.),452
79,63-1

4,646
95.H24
31,944
260,535
125,388
134,221
45,8a9

270,(191

Net..

47,830
54,715

412,835

139,665

129,020

6'*.<'4n

56,640'

2, "36,293

2.145,828
566.522
436.990
147,973

776, UK
5-11,319

197.41*
1,025,086

970,1124

347.859

28S.084

16,6 2,275 16,410,106

7,542,332

6,

228,640
62,830
656,707
194,250
203,760
30,941
242,636
90,1.59

1,294,639

43n,6o9
1,538.301
96.764
8,790,209
3,340,

1

It)

960,545
181,600
809,844
202,532
2,3-9,892
733,730
1,442,663
612,02;

152,903
1911,305

33,669
616,451
l:<8.690
22ii,395

53,035
303,282
129,481
1,215.326
331,121
1,234.161
•'>0,093

8,969,677
3,402,566
681.239
51,762
790,964

97,846

2,411,704
74,870
1,038,073
251,450
816 146
97,059
236,733
45,804
18,703
221.487 182,11b
1,520,545 1,375,001
99,6 >7
75,221
609,577
555,421
2,051,695 1,737,458 14,494,111 11.957,327
573,o9
503.604
3,982,378 2,543,595
379,544 327,218 2,517, 192 2.137,130
157, <90
153,731
861, 4U9
701,866
94,846 101,343
696,475
698,165
2vJ0,«16
39,040
47,964
3 17.388
287,407 250,196
1,"93 076 1,697,702
122,H19 104,913
782,130
621,176
50.',O2T
451,370 3,533,88;! 3,460 864
198,731
180,484
1,219,868 1,334,722
1,226,358 971.289
7,313,641 6,577,730
658,9 53 506,7 8
3,3H3,72-i -2,976,932
378,100 331,113 2,4 14,252 2,354,528
143,312
135.728
678,233
605,065
4 13,4.58 3,213,275 2,736.844
460,(181
205,585 217,460
1,307,083 1,083,138

(nil lines

A Erle)..Gro,s8

1,585,390 3,956,30 i 32,192,231 28,961,004
Net... I,905,'i45 1,649,012 11.155. ;97 9,328.920
349,52
276,701 2,:i40.7 8 2,- '2 2.8 47
Net...
144,554 102,827
966,617
715.366
Phila. A Reading. ...Gross. 2,808,269 2,940,750 1^,992.2
18,';92,806
Net... 1, 218,5X3 1.413,993
7,598,414 7, 27., 198
5i»l,42l 1,417,888
9,229,iiti0 9,418.040
P, A E. Coal A Iron .Gross.
22.40- dl .53 8,2 5 (U. 149.994
Net... dfl81,541
105,617
89,672
St. Jo. A Gd. Isl'd... Gross.
733,323
658,850
30,01Net...
49,121
320,19
1 H",857
Shenandoah Valley. Gross.
80, i67
69,8.0
448 111
435,812
Net...
25,357
13.157
4 .31
def. 1.400
Onion Paeltto.
Gross. 2,587,731 2,320,621 16,557,112 15,774,488
Net.. .11,091, 114 1,020,938
5,215,811 5.292,9.54
West Jersey A Br's.. Gross. 217,918 2l2,ii3H
943,415
8 12,939
Net. ..I 113,327
11^,626
362,497
355,880
of Pittsb.

Phlladelp'a

A Erie ..Gross.

i,".

'

.

.

1

I

12,257
26.0 i3
43,997

•

InoUidin?

14,698

•i8

per cent of e^rniusts and entire worlcing expenses of
Railroad.
1 Mexicm eurrouoy.

theXew ym-k Pauuiylvania A Ohio

September.

Name of Road.

7.465
10,834

1885.

18SG.
Oreg. R'y

A Nav.

Co. Gross.
Net...

577,560
310,634

553,800
307.000

Jan. 1

3,7ii7,075

1,614.083

Jan.

July.

to Sept. 30.

1886.

1 to

Name of Road.
1886.

1885.

1886.

1885.

3 314,404
1,393,772

July 31,
1885.

923,189

have smaller net than a year ago, while there are a
totals

505,341)

Net...

and the results are fully as favorable, if not more so, than
in the case of gross earnings.
Ttiere are very few roads
that

Net..

Nash. Chat.

S9,C23

lucm..e» turoe weeks ouiy or September in each year, t I'o Sept. 2 j
Mexican currency. H Including West Shore In 1886, but not In 1885.
Our statement of net earnings covers August tnis time

good many that have very much heavier

I

Minn.

1

208,775,823 190,670,166 19028846

Net .82,560
54.293
ANashv..Gross 1,200,567 1,077,487

A Tex. Gross
Net...
A Char! Gross

862,200
329,611

1,704,080
334,870
1,721,803
3?1,606
410,958

20,2 18
Net...
10,886
Chesap. A Ohio
Gross.
410,966
Net...
137,329
EUz. Lex. & B. 8.. .Gross.
91,1128
Net...
36,174
Ches. Ohio A S. W... Gross.
13rt,72S
147,399
5j,9(>7
Net...
53,630
Chicago Burl. A Q... Gross. 2,748.17.5 2,224,301
Net... 1,529.24 1,102.281
Clevel'd A Canton. .Gross.
35,229
23,4(4
Net...
11,759
6,589
Denver A Rio Gr. W.Gross. 10n,42e;
91,313
Net...
20,931
30,384
Des Moines A Ft. D.. Gross.
28,851
27,78
Net...
fi.6in
7,975
F't W'th A Den. Clty.Gross.
.^7.599
43,«4Net...
15,726
18,061
Grand Rapids A Ind.Gross. 201.439 178,516
Net...
78,250
66.658
Houst. A Tex. Cent. .Gross.
246,728 240,4rt7

Memphis

9,6.o2,961
4,285,590-

40,041

Net...

Loulsv. N. O.

9,586,429
4,30-',820

423,108
98,77»
228,849
62,774
225.824
53,249
120,559

92 2.133

Louisyllle

1885.

48978

'

BuffaloN. Y. & Phil....
Buffalo RooU. & Pitts..
*Burl. Cedar Kap. & No.

Aug. 31.

473,330
111,578
257.734
74,710
246,435

Canadian Paolflc... Gross!

Cape F'r A Yadkl a V.Gross

io

1886.

856,566
332,487

67,594
128,700
75,390

Net...

A

635,587
102,851

Jan. 1

tha"n then.

AC. Gross.
Net...
East. I118..G oss.

Cairo Vlncennes
Chlo.

A

Vet
Cln. Ind. St. L.

Clev. Col.Cin.

&

0.. Gross!
Net...

A Ind.Gross.
Net.
..Gniss.
Vet.
.

Dayton

& Ironton

70,507
3'2,09

141,250
66,721
213,631
85,485
348,131
126,412
17,814
9,70

1

38,124
4,118
114.055
43,350
177,08:
6 ••,673

287,931
62,792
15,2811
-^.7<'6

351,126
85,186
1,416,199
542,731
2,167,359
703,372
1 1,176
<\et.

-.>'•

1,326,711
447.327
1,930,902
38b,447

OCTOBKB

THE CHRONICLE.

9, 1886.]

and we are no longer permitted to doubt
whatever may be the relations between Germany
S
and Russia, Austria has not yet become a consenting
e
1.862,M% 1,67»,973
S53,46J
391,596 pMtrty to any plan which contemplates the Russianizing of
Bulgaria or the immediate partition of the territories
Jan.!

July.

VAtn or Bo4D.

1

isea

«

B

DM.

256,116
58,(76
42,087

M.t3n
55,489!

Net...

14,133

5,7.17

22,43.%

18,«30

Met...

S.TbO

A.AC...GrM«.

17i*.117

145.397

964.727

-i.T^O,
27.\222'

46,-5"<
25H.3:*8

1,838,480

I"i0.l55
ig>4,133

106.531
1?6,365

Ket...

Urwa.
Met...

OngOB Bbort Une.OroM.
Net
FaadaDM. * ET....araa8.
.

Bootbarn Padflo Co.—
OalT. Bar. *&A.Groaa.

236,.%76

e».45»

Nat..

* l>ae..OroH.

3,-i80

V.T.Tez.*liaK..Uraa*.
Net...

Ji:>,i3j

3s,'jai

1,469,915
158,109

1,614.823
663,699

2rt.600
<tof.

7.75«

330.S7S
1«8.537
2.093.413
499.S70
671,833
357,2t>7

177,097
2.333 39.5

.

78341

f>,ioa

d«f. 8.961

SS.4M

548.H81

M.7ua

87.161

egi.Bi:.

817.7(10

,
1

T.usl

1

532.7*3

23.'.'<39

221,'»«l

4,703,'<7a

4.ti7.^,6^8

1.05OJ7J

Net

TMalofaU

27';,::--:

231.163
84.772
9,0»3
42.5«0
19,943
250,«lf
Al,0»3
34.000

13,410
1.70A
97.431

Tnua A HawOrL-OroM.

Totodo

<

95.'.7S-*

H*^'}S7
nii.mi

I

3,04

Met... def. 1.026
56,>i02
LoaWaoa Wcafn. .Oroea.
Net...
83.07I*
MonaD'a La. AT.Oraea. 974.113
Net...
50.»I0

Met...
Tot. Atl. vaUBi...Oraai
Met.
Fadfle ajrataqi.. .Groa-

555.-2

6t)3,2.'S6

sn.14,1

r.

1.5.52.11

"-:

1Met... def. 2,Lio,

O. W. Tex.

8
875,'2.!0

3-

Met.
Qroee.

eoaora.

that

OroM

i.7

Nft

1,2::

..

A Ohio Cent. .aroM

i;
,

1.746.936
l».771.i»»« 11,8H8.415
e,J4A,e27 6,157,U7
i7.4-5.5e: 16,564.102
7,3n«3iM 7,904.U64
42l*0-!
I20.-.M<(1

2I.U>i;. drX i.xU.1.1

Net...

THB BULGARIAN

CRISIS.

There woald be omething ezoeedingly farcical in the
pftrt which Ranift, in the peraon of her Envoy Extraordinary,

is

now

playing in Balgaria,

were lew serioua and

if

the iasuea involved

if

the probable recolti conld be con-

A

templated without alarm.

more lorry

figure than that

in

tinues

its

rebuke that they are too

there

affair

a strong presumption that Bismarck

is

Much, however, depends upon

As

she baa brought

it is,

indignation of

ful

all

down upon her head

right-thinking and

the wrath-

liberty loving

people.

How

the situation

is

likely to

shape

itself

and what

is

to be the result, it is not easy at present to forecast.
Tbera is a probability that Russia may recall Kaulbars

and disavow
in the

way

all

sympathy with

of such a course

his conduct.
is

that

The

difficulty

would imply the
All the
Power.

it

the great Northern
convinced that he was sent to Bulgaria for
special
purpose
that he has been acting with

hnmiliation of

world
a

is

;

the

and

consent
that

and

approval

he has

failed

of

in

his

his

Imperial

mission

master,

because

the

was completely misjudged. The disavowal by the Imperial Oovemment of all sympathy with
the course pursued would not deceive any one; and to

situation in BnlKsria

pnblic humiliation would thus be added publio contempt.

—for

wo

is

not in

He

his opinion.

it.

On him more

can pre-

than upon

any other depends the question whether Russia shall oc
shall not set her foot upon the Berlin treaty and seek
again by force to establish her authority over the Balkan
Great Britain, of course, will have much to
provinces.
say,

and

Russia shall prove persistent in her determi-

if

nation an

Anglo- Austrian alliance

among

counted upon as

There

was not so and
at.

But

favor of any undue aggrandizement of Russia in Europe.

is

so

if

may be

confidently

the possibilities.

an evident anxiety in England to know Prince
in

whole

in the habit of looking at

have no reason to believe that they spoke with authority,
and in the absence of all direct evidence to the contrary,

mind.

If the object of the

much

Anstrian interests from a Hungarian standpoint.

Churchill

conspicuously plain, Russia would simply be laughed

impossible

Vienna authorities to connive at any plan
which
would
increase
power of
the
Russia
Danube.
south of
the
What Bismarck thinks
of the matter has not yet been made kno«n.
Some
of the Berlin papers have had their fling at the Hungarians,
reminding them that Hungarian interests and German
interests are not necessarily identical, and conveying the

Bismarck's

indeed, difficult

be

will

it

the

for

which General Kaulban has been cutting upon Bulgarian
to imagine.

mood,

present

oil and among the Bulgarian people

it is,

Hungary con-

emphatically pronounced, and so long as

vent war or he can permit

Mexieaa ewieae]r.

t

Hungarian opinion has been

of Southeastern Europe.

•

9

go.'.n*'

..

garian Diet;

5.404

*
MataM Oentrml

July ai.
18i5.

M...OroM.

*

Or. H.

Loolar. IC

to

1886.

1885.

30S,«O4

Qnuid Tr. ofCan'ds.Oroas.
Nm...
cue. A Orand Tr..OroM.

419

is

we

The

Berlin

is

rumor
in

all

Lord

that

Randolph

likelihood -well founded;

are not permitted to doubt that the visit of

the Chancellor of

the Exchequer has a relation to the

present peculiar condition of affairs in the East. There

is

%

Bismarck may say that the difficulty is not
one which directly concerns Germany, and that if Austria
and Russia should go to war, he will stand aloof, on conIf France should agree
dition that France stands aloof.
to play a neutral part, Italy would be likely to follow her
example. In such a case it does not seem possible that
Great Britain can be a mere onlooker. Her ships, in
the event of war breaking out, would take immediate
the Dardanelles, and carry the war
possession of
be Russia
thus
Black
Sda.
It would
into the
and however it
against Austria, Turkey and England
might result, it could not fail to be disastrous in the
extreme.
If Bismarck shall decide to abide hy the
trestj til Berlin he can prevent war by simply making
Daring and unscrupulous as Rassia
bis purpose known.
has shown herself to be, she will not venture to go to war
if Germany adds her weight to that of England and

possibility that

;

Austria.

It will be well, if Russia, seeing that Bulgaria is not
seems to be Ksulbars' desire
disposed peaceably to accept her rule, shall respect the
may
tools
that he or some of those who have acted as bis
rights of a free people as well as the voice of the civilized
suffer violence; and if we are to judge from the instruc- world, and retire from an undignified position.
tions which he carried to Sofia in regard to the imprisoned insurrectionists, we can have no difficulty in arriving
COTTON CONSUMPTION
at a conclusion as to the course which in such a caso HusFOR SEPTEMBER.
Bulgaria would be occupied by Uussian
sia would adopt.
We present our readers today the usual statements of
troops; and the great Powers would be compelled to decide
overland movement, receipU, exports, spinners' takings,
whether such occupation was or was not a cause of war.
&c., for the firat month of the new cotton crop season
The ontlook is rendered all the more uncerUm because
For purposes of comparison, the figures for September of
of tlie peculiar an^l unpronounced attitude of the greater
are given.
seem as if there the two previous years

There

is

the possibility

—

it

AND

OVERLAND

MOVEMENT

aamber

For a time it did
of the powers.
was an uoderatandiDg on the part of the three Emperors, and as if Germany and Austria, in consideration
of certain gains, bad agreed to allow Russia to take her
liberty id the settlement of the Eastern question.

opinion received

its

death-blow at the hands of the

This

Hun-

OVERLAND MOVEMBNT DURINO SEI'TEMBBB.

The

grot» shipments by rail during the month were of
and especially so in view of the fact

satisfactory volume,

that

the crop

September

is

falls

a late one.

While the movement

3,184 bales behind

for

the figures for tho

THE CHRONICLE.

420
month

fVoi^

XL I II.

excess of the similar period in
Using the facts disclosed by the foregoing statements,
Of the shipments this year almost we shall find that the portion of the crop which has reached
one-half were from St. Loui.", and one-Sfth over the a market through the outports and overland, and the
Illinois Central Railroad, the two combined covering over Southern consumption since September 1, this year and
two-thirds of the aggregate movement, against less than the two previous years, is as follows.
one-half last year.
The other roada generally exhibit
1886.
18S5.
1884.
losses from 1885.
In the net movement the decline from Receipts
at the ports to Out.
of

it is in

1885,

either 1884 or 1883.

movement

the whole

details of

Total receipts

bales.

Southern consumption since September
Total to Oct. 1

three years are as follows.

The amount

OVERLJIND DlrRING SGrTEMBBR.
1886.

Ovei' Ohio <& Mississippi Brancli
Over Louisville Cincinnati & Lexington
Eeoelpts at Cincinnati by Oliio Elver..
Receipts at Cincinnati by Cln. Soutli'ru
Over other routes
.Shipped to mills, not included above...

1SS4

1885.

11,«63
5,165
1,375
1,181
1,196

269

2,9 !0

-.7

3!8
786

1,8

119

2,721
9,374

lo8
3,957

1,517
7

1,331
1,606
1,255

509

326

453
975
208

25,121!

28,SOti

23,414

Receipts overland at N. Y., Boston,&o.
Shipments between (or South from)

2,468

1,365

6,319

Western interior towns
Deduct also Shipments inland and Takings for S'tulhern Consumption
from the following Southern ports—
Galveston

1,182

1,101

534

Diduct—

11

MobOe

* Tills

total

total

month 1,704

4s9

l,34f

2,397
82

75
463

49
26
316

Total to be deducted

Leavlnc

376

.1

,

Charleston
North Carolina ports
Virginia ports

net overland*

New

decided

losses.

Burnt North and South*
Stock on hand end of mouth (Oct.
AtNorthern ports
At Southern ports
At Northern interior markets

102,870

T.\KING3.

a falling

In comparison with 1884
bales.

The exports

Our usual statement

Movement from
Stpt.

1.

Oet.

of

like Galves-

to

there

foreign

The above

188a.

Galveston

portg

EXPORTS SINCg SEPT.

1.

188U,

s'epl. 1,

>-ept. 1,

Great

188B.

1885.

Britain"

Mobile
Florida

Savannah
Brunswick, ic
Charleston
Port Royal,&o.
WUmlnfirton

Moreh'd C,

i,c.

Norfolk

We«tPomt,4c.
New York
Boston
Baltimore
Phlladelptal8,&c.

Total 18S6

80,901
781
Si,45»
12,W09

1.518
95.955
1.100

2,774
114,778

45.454

63,000

43

42,023

Northern spinners had during

September taken 93,843

bales, a

decrease from the corre-

In the foregoing

An

a'Iditional fact of interest is the total of the

October 1, compared with
AVe reach that point by adding to the

crop which was in sight on
previous years.

above the stock remaioing at that date at the interior
town?, less stock

on Oet.

held

by them

at

the br-ginning of the

In this manner we find the result for three years

season.
I

to be as follows.
1885.

1831,

bales.
Total marketed, as above
Interior stocks in excess of Sept. 1

41(),83«
24,Oi.O

43-,5o2
43.000

385,836
2S,0U0

hales.

43i,8M»

4''5,.5i2

413.836

1886.

—

Total In sight

movement during September of
50,714 bales less than in 1885 and

This indicates that the
the present year

is

WEIGHT OF BALES.

Frnnee.

4,793

5,450

15,402

11.640

Continent,

ntaU

Oct.

1.

To furnish a more exact measure of the receipts up
our usual table of the
Oct. 1, we give below
to

We

give for comparison the figures for

10,243

59,714

weight of bales.

201

27,336

40,244

the same time in the two previous seasons.

9,650

21,506

47,42a

S,6W

33,795

4,5i4
1

11,806

Month of September, 1886.

739

314

739

10,400

12,820

84
13 935

85
23,478

1,5 jl

17,798

hOI
201

86
491
217

60i
gU3

93,'

135,871

sponding period of 1885 of 42,023 bales and an increase

TO—
Stocks

68,224

125 813
32,030

21,002 bales greater than in 1884.

lieceipta lieceipta

112,274

Indianola, &c..
New Orleans. . .

September, 1886

in

indicates that

an

is

exports and

receipts,

1880, to

1.

204,645— 307,515
4,481— 403,021

Decreasa in takings by Northern spinners this year

seasons.

follows.

is as

1886)—

Taken by Northern spinners In September, IS'R
Taken by Northern spinners in September, 1835

have been very free during the month, exceeding those
for the same month of either of the three preceding
stocks

1,704

oS from 1885

excess of

years.

1,

203- 119,321

AMOUNT OF CROP NOW IN SIGHT.
we have the number of bales which
has already been marketed this year and the two previous

of 26,4.39 bales.

13,758

149,529

538,861

over the same month of 1884 of 7,250 bales.

Orleans record material gains. Savannah,
Charleston and Norfolk, and Wilmington, exhibit equally
is

4,293— 173,023

Total supply during Sept., 1886
Of this supply there has been exported
to foreign ports during Sei)t., '86...
Less foreign cotton included
Sent to Canada direct from West

12.3'n

For while gulf ports

result

—

At Northern interior markets

11,0 i3

AND SPINNERS'

The net

same period, we have prepared the following.

5,3U6

mainly due to the backwardness of the crop

ton and

the

22.910

that the decrease in the aggregate receipts at the outports
this year is

marketed during September, 188G,
bales less than in 1885 and

5.4S7

careful perusal of the table below seems to indicate

in the Atlantic Slates.

28,000

385,836

19.(>35

shipments to Canada by nil, wUicli are thH
in 1835 were 1,560 bales and iri 1381 were 1,610

RECEIPTS, EXPORTS

29,000
437,55,i

569

bales.

A

32,000
410.833

401
91
704

87

liiclufles

balcj,

1.

bales.

Total receipts in September, as above
bales. 410,338
3took on hand oommenoemeut of year (Sept. 1, 1886)—
At Northern ports
132,832
At Southern ports
41,03i
173.7J8

Total talrtngs by spinners
Taken by Soatliern gpmners

850
596

Savannah

of cotton

12.391

To determine the portion
which has gone into the hands of Northern spinners during

8,492
S.^ll
1,996
3,593
2,366

35
209

New Orleans

3.^7,830

25,002 bales more than in 1834.

1,05S
1,598

Total gross overland

4ii8,.')5-.i

thus seen to be 26,714

is

OTer Illinois Central
Over Cairo & Vlncennes
Over the Mississippi River, above St. L.
Over Evans ville .fe Terre Haute
Over Jefferson vlUe Mad. & Indianapolis

378,«33|

Net shipments overland duriUK same time

September for the

for

imount Shipped—
From St. Louis

335.612
22,910

345.44.'i

19.o35t

bales.

1

a year ago is a little greater than in the gross, bat the
gain in comparison with 1884 is very pronounced. The

641

369.203

TotallSSS

.')85,642

Total 1884

31-..4

8,650

Number of

282
.

Bales.

10,103
8.517

Alabama

112,271
66,224
7,393

tfeorgia*

93,tfCl

3outh Oaroaiia.

45,768
15,536
10,431
54,103

59,236,835
32,251,088
4,027,980
4S,511,69i
22,426.320
7,534.960
5,018,754
27,230.058

410,338

200.257,737

Texas

•

Louisiana
61,194
4.H38

6,804

9,593

37B

S,63»
J, 265

78.591
6,304

85,257
6,soa

3,634

.f,6ll

1.265

8,502

106,8ia

22, 94

19,8 i2

149,5.-9

307,515

77,253

6.124

».'.«5i;

112,3i»

239,122

5 100.724
45• Oreat Brttati! «xi>ort« lauludet
a tha Chi nnnl.

l-s.siu

1

<n,K't

Weight in
Pounds.

Virginia
.Vorth Carolina.

renneasee,

Total

9^t,niq
*

<lco..

Including Florida.

Satne
Same
peri'd in peri'd in
1885.
1884.

Average Aceragi Average
J

Weight.

Weight.

52 7-61
487-OJ

527-52

518-16

13500
5i500

48300
50000

31000
49200
49000

500-25
436-00

Weight.

487-25

181-01)

43500
43300

48200
43303
47800

503-67

493-88

475-00

50'^-^l4

i9>t-14

49()'28

485-00

OCTOBXR

THE CHRONICLE.

9, 1884.J

be noticed that the movement during September
hows an increase in the average weight as compared with
the same month of last year, the average this year
being 502 04 lb?, per bale, against 499-34 lbs. per bale in

421
RBCAPITnLATlON.

It will

September, 1885, and 490-28

September, 1884.

Ibe. in

Prinetpai.
ljit«nMt*bearliiK

737,7M.800
11S,I«4.300

Knrj PeasluD fund.
Psdfio RK. boode,

in prices, and many makes of brown,
cottons were marked up towards the
and
colored
bleached
end of the month, the market closing very firm with a
troog upward tendency. Owing to ttrilet and "lock
oats' in the tarly part of the year, and because of a much

by * sharp advance

for

180.800
14,009,000

3s
p. ct.

M,8»,5U-I,1S1,7S7J12

.

Debt on which Int. has ceased
Debt beftrlns ao interest348^738,381
Legal tender notes, &c
7,706,000
OertlSoates of deposit.
8t.Wl.S07
Gold eertlBcatea

11.936.811 1,193.,694,123

201,081

«,IM6.7S}

.i9y.7i)a

80,387,112

StlTer oertlflcates
Fractional currency

There «as a heivy business in printing clothe, accompanied

demand

290,000,000

4H»

Refaodinc certiacatee, 4<.

THE COTTON OOODS TRADE IS SEPTElfBER.
Tue market for staple cotton goods opened qaiet bat
there was a steady improvement in the demand as the
month advanced, and large aggregate sales of plain and
colored cottons were made by the commission houses-

better

debt—

«.86S,708- 841,470.012

541,47»,0'.^

l,T!».«3i.05M

I'j.ta?.^' 1.742.a«9.9S^

Total debt

Leas cash Items arallable for rednetlon of the debt. ...Stoe.UiM.OtS
100,000,000 $906,084,048
Leas reeerre held for redemption of a. 8. notes
Total debt, less arallable cash Items

Net cash In the Treasury

1,433,445.888
87,«V0.aSL

Debt, less cash In the Troasnr;, 0.:t. 1, 1888.
Debt. lass cash In the -I're.tsarT, Se^t. 1, 1886

i,ae7.54«,sa7
1.378.174,880

of debt durlns the

consumption, stocks of staple cotton

month

10.I\«7.0I.S

goods resting between consumers and the mills are smaller
than since 1879, some descriptions being aotoally scA-ee.

18M.

OHfn

1689.
W^Hl,

Priml-

OMTm

dung. *1*jC* mnt. aUng

<AMA

arri.

lUt„

j-2:

''*

UK

0\
«-\
b\

10>a
lu>s

3i7

7»t

3

«>\

8%
<-H
6%

»..
«..
»..

8"|.
«'».

J J'
3-38

H>»,.

J-J9

.8

Wis,t; i-.ts

V\

b»,
»l»..

c\
tH
6H
«*
»«

iM
3-48

S-V3
»-SI

»\
9S

•\

e". 3 3S

333

»><l»

.8...

"..
M..

ShttI

ant.
rrf.

s%

OSPTBlUnBSO, UBS.

IV >t

7««
7««
7>«
7'*
T"*
7'«

3-^0
3-^8
3-^S

lu>t
I0>«

8-iv

S18

1U%

3-13

3 28

IS..

8...

it:

3 27

ioit'

»::
M..

"6ii

s«.
s».
se.
S7.

"l^
,

.

9S
*\
»H
»\
«\
OH
B%
*\
V%

J-.1..«»..

3-«8
3-3<
3-44
3-ao

S:
»l !•

7V,
7",
7>*
1>*

327

10
10

...s..

H

3

St..
ss..
ss..

3'i7
3'J-

3-ti
3-ia

^t\

..a...
8i»|.'

Vvi'

3-.<7

3-3

*\
us

S-3»

3-io

3-11

8.

309
3-v*
k-0<
3-V*

7«i'
-'4

3-2S
3-«3

10

r»,

3 2j
a-2.

32i

..M.

3U«t
3-U9

9%
»H

7>«
7'4
7<4

»..

..

SM

3 19

7'«

81J

7H

u*—

an iolitwt ui an vrmta dueooni of 5 per oanl.

T/fE

tsawa,aB

OoiJ>-C«ta..

DEBT STATSiH-.NT FOR SEPTEMBER,

1886

188J.

43,&i5,a8H

im,43o,eu

.

CertlSc's.

net.(LiaMUy)

Net (Old In treasnry
8iLTKit-UuUara.staod'rd 181.SSI,jaS

Interat.

o*4ioa.'Q.-r.

IPJSiJUO

g.-M.

H)l.itt.iBC

4ll.Ur7.7M

SIS.80S,30I>

Ui.lSI400

la>l.

•i

1907.'

Q.-J.
«»f»M« omtM.' Q.-J.

1,000.114

7.377.IW9

tUkl«l.30O

Tar.Tadinu

106.000

MI.TSJ.MH' l.imu.4ll

ti.wi;.3«a

UfitOJMl

pa«ta* BKt...! j.aj.

•64.Mi.SIS

•l,»U.'»>Pm»lur

HMMuorn.

).

I.

r

•

lawi;

».i.;i.:.v>.i

IHW.

DBBT
t

4aM oq

ju.

i.

I.

viiieh

int«mi li« mu*!

«•• aad aapald ia«rw<a. (10I»1.
DSBT BKARI.'VO NO

I. IHVO;
l'Mi;«it.o»t,a«u

SI.NOM MATOIllTr.

alna*

maMfltf

U

IS7.;8S.«88

8.738,S»I

(iljsrU I8C,</II0,I>87
Total sUrer
r.7,«is.ioi
CertlScatee lasoed...
CetiSeateaon hand.

Cofttaa'a. net.(L<iiMIU«)
Net surer In treas'y
estates notes ...<4jh<i
Oituflcates Issued.
.

CerUOcatas on hand.
CertlSc's. net.(I.laMUv)
Nat U.- JMtee In tresa.
^'atlonal

Bank

UapuaUs

la Nat.

Inlmast

8».Uil,780

«»,SSI7,1I8

S«,88«,87S

80,018,037

4l.»ll.0^1

lfl.7T4,n47

7.85-^,000

IX,;^,!**)
1.5lU,0UU

1SO,OUO
7,7j5,0OO

11,195,000

35,578.647
8)a,281

sn.sii).o«i

..

1MI..UU

Banks

]4,413.It5.<

18,48»,«aS-

tM8.«}«,'.ll«

3*4.99 l.rSH

niKes.

<iue. oi<paid.

. .

Acerued Inle est
Matured iifbi
Inter-t t>n matured d^i>i
Debt bearing mt Inter'ni
Int. on PiM). HH. bunds

I.W2.84I1

IJ8I.708
t«,llw,i'l7

M.13.t.ii5V

D.llt«.7»5
aul .(41

4,77;|.I(<I8

tW>.MU

3,5.7

3,U8<

•7,740

64,410

••XJMS

0.11,235

1»,U0.11S

le,3;2.85H
a.ij8i

8,>17
)1
81,106

S!,«:

Debt and lnter'st.(.4ss<t)
U'Maint.n«(L4dMM<v)

B7,«7»

Id.aji, 739;

LTrHRnT.

100,000,000
80,835.8110

Fund held

f >ir redemp. of
Nat. fiiiM bank notes...

Firs

p.

c rnd

uf >at.

ff ir

Sti.OW

redemp.

Bank notes

ii.i4;,i3»

Redemp.reaV.CLtaMlUvl

17S,0S1,IjV1

Net

IS7.316

8,lIIK.OIl

res'rr«<i.(L<aMltt«]

174.eSI,S2(

iee,4ss.sw

Post iMSoe devt acounnt.
I>lsbur»'it ofBc.*rs'bal'ce>.
tall'd

Undlstnb'd aas'Uuf
.Satlv'nul hunks

CurrKiicr nnd minor coin
redemption acoi>UDt
Fractional sltrer cum re*

22,71 1,:I3<

82i.«ll

3 031

demptlon account
Redemption A exchange

198.378

Treasurer-s trannrrrb'kii
and drafts uuutandln«.
Treasurer U. -^..avent for
pe71n4tlnt.oo D.CoLbds

7,98^.283

octont

^nwunf.

K,715,»

I«,06S,48S

Raa're fur red. U.S. n(»tea.
Pnod held fur red.'nip. uf
mites u( Nat. Banks

Nat. Bank nrvtes In pro.
cess of redemp. ..<Jss«tj

Iwi): ai.rWl.iinO Jan.

iwuaMjMt.HMJw.l.

I.XrKRmT HAS CSASBO

O.t WIIIOII

A«W i»»m « of

M iri i

1.

1.8M

S7.8S4
110.000
S7,73U

l«(

ftl»«*t«a ...lj.aj.

i

»ta..3l»

t
07J.MI
W37J00

t

m

77,608547
187.017,311

Aeenud

Dim

IMol.

4M

48,n^,ife«a

B4A1307

U. STb'Hids a lnt.rad'd.
Inuch'cas a coupons p'd

Int.

U8,Se'.i,3<7

.

DStBtaodLit .(LtaMIUit)
KnMtl en''cr nKleemed

IHTRRCST-BCARINO DBBT.

Ii«.«l9,04'

{Atmt) *UC8W,0I8
Total (Old
iito,a4«.iit7
Certiacates issued
40.684,380
CertlScates on hand.

....

The foUowuDK is the official statemwit of the pabUo debt as
appean from the books and TrsMima's ratorna at the close
_,.JM^bel<l
of bnrtn sw Sept. M, 18 M, aooonUng to the new form adopted
.PBa.Bll.b'ds
1,

and

a3,ta»,74S

Bolllon

Balueea... .(AaaM)
PITBUC UaBT A.tO I»T.-

it

April

31, 1886.

LtaSUMsi.

BulUun

to

i-vit

lb* aboT* |nl«r«
Kur eotius. low T'i«i»i|int upland at New York
for prlallac «lo(ba, iMaufafltaren' piieca: (or ahMUnsa, B4(enu' prlcca:
wlikh

Ai;a08T
itsirts

..£...

3 t»

give the figure*

7>«

3-il
,.

8H

334

we

lu%

3-ia

I*..
17..

the United States Treasury September 80;
August 31 for comparison:

for

S'^s

3-;ll

»>>

The following Matement for September, from the otBce of the
has been issued. It is baaed upoa the actual
returns from Assistant Traaaorera, depositaries and superintendents of mints and assay offices, and shows the condition of
Treasurer,

3J8
Jii

dHHif. tit.n>*
1..
s..
•..
4..

10..

frtHi
in
cio4kt. \ »iaHi-

wtU- etelL.

•..
t..

1881.

UNITED STATES TREASURY STATE.)fEyr.

2

A 178

848.186

34(1,081,010

OmiAmiM (Tf 4*rT«H

.

.

i

.

.

L«« MDOTint iMid ta TrMMTvr*! cMk
OoM0irr1lttail«it

iSvarcarUMMUs

Total

7330,000
180.0001S3346.-*^

7. .-05,000

40JM43W—

(LtoMIUv)

37.l~.in8

InLon U.Col.bds pd {A$tt)

10.030

fUabauy)

87.167.078

4^322,788

»l,a0l,8O7

BaUncpa.d.lnbllilr)

•330,r73.^M9

-3-j%iei.i9r

«S,S87.1M

Net bnlanre ...{Aaaetl

«7,»«l»fl.34l

Net

tl7.t)lS.10«

t«,SeO.MI0-

Assets not arallable—

15aw.lKM

Minor roln
Subsidiary sllrereoln..

«34I.4;«,0M

.A n«* 4.*^

a8,8M.74b

888.668
•7,988.988

THE CHRONICLE

422

Pl0tietarg s ® 0mmerctaX IgualisU W^^vob

The actual additions

year.

(Vol. XLIII.
to capital during the halt-year

£9,000,984, fully two-thirds of this

BATES OF EXCHANGE AT LONDON AND ON LONDON
AT LATEST DATES.
SXOBAirBJl ATLOlfDON-Sept. 23

On~

Time.

Bate.

Amsterdam. 3mos. 12-3^ 912-3^
»12-3
Amstflrdam. Short. 122
Hamburg.. 3 mos. •20-53 «20-56

sioHAwea OS London.
Latest
Date.
Sept.

_,^,
""*«

Sou.

23 Short.

1210

Sept. 23
"
Berlin
20 53 ©20-56
Sept. 23
li
20- .=.3 O20-5T
Frankfort...
Sept. 23
««
12-70 ail2-72is Sept. 23
Vienna
«
12-70 a 12-7213
Tteste
u
Antwerp .. .
25-4H^»25'5J% Sept' '23
St. Petersb'g
Sept. 23
22:3|,®225i
Parte
Short. 25-27 >9a-25-32is Sept. 2a
Paris
3 mos. -i5-42isa25-17i»

Genoa
Madrid
Cadiz

tt

«
If

liisbon

(1

Alexandria

«f

Constant'ple

Bombay
Cjloutta

New

York...

Hong Kong.
Bbanghal....

Short.

Short.
3 mos.
Short.

20-43
20-43
20-43
12-57
25-32>s
23ls2

26t0

925-65
4614946

25-60

4614 946
52^<>52IS8

were
amount being added to
The increase in ordinary

guaranteed and preference stocks.
stock was £1,128,801 and in debentures and loans £1,619,958'
The expenditure on capital account was £4,383,670, bringing
the total expenditure up to £733, 144,040. The Stock Exchange

Weekly

Ojjicial Intelligence

remarks

:

Only one company among the English undertakings, viz the South
eastern, made an advance on the dividend it distributed for the first
half of 1885, giving S^ per cent, aa agnlnst 3 per cent, five companies maintained the 8aine rate, viz
Great Eastern {\ per cent),
,

;

Great Noi thern (J per cent). Metropolltau (4 per cent). North London
(Tij per crui>, and Rhymney(lO percent). The dividend of theTafif
Vale was reduced 3 « pt-r cent to 11 "i per cent, of the Nnrthe.istern IH
percent to 412 per cent (the lowest distribution which has been made
cm Northeastern cimsols since th Ircreaiiiiu) on the Marvport & Carlisle I per cent to 6^ per cent, on the Midland % p^r cent to 4 per cent
while the dividends of the toUo vlng companies w.re reduced Hi per
cent: Furness, Gr.-at Wecti-rn. London & Noithwestern, London rilbiuy
& Southend and North Staffordshire; and those of the following 14 per
cent: Lancashire & Yorkshire, London Brighton & South Coast and
London i Southwestern. The rem lining six companies paid no dividend, viz. the <;ambilan. East London, London Chatham & Dover,
Manchester 8 Ueffleld & Lincolnshire, Metropolitan IJiatrict and Somerset &, Dorset. Of the Scotch railways there was a decrease of "s per
cent in the case of tiie Caiedonlan, and ^ per cent In the case of the
Great Niuth of Scotland while the Glasgow & Southwestern and North
British retained their previous rates of 4 and 2 per cent. Of the larger
Irish railways, the Midland Great Western of Ireland Increased its rate
from 3 to Sifl per cent, the Dublin Wicklow & Wexford and Great
Southern & VVi stern maintained their rates of 1 per cent and 4 per cent,
and thf» Belfast & Northern Couniles and the Great Northern of Ireland
reduced their dividends by ^n and ^ per cent respectively.
;

'•

Dem'd
<«

Is. Sliftd.
Is. 5 ''led.

>...
---.

—

Sepr.
Sept.
Sept.
Sept.
Sept.

24 tel.trfs.
24
24 60 days
24 3 mos.
24

Is. 41Bird.
Is. 43'.i3d.

4-82
3s. 2^a.
48. 5Vid.

TFrom oar owncorrespondent.
LoNOON, Saturday, Sept. 35, 1886.
Progress towards returning prosperity is uninterrupted.
Commercially speaking n< thing special has transpired during
the week, but the tone of advices from the leading centres re"
maios hopeful and the encouraging symptoms are daily coming out in bolder relief. The assumption, therefore, that the
close of the year will witness a more distinct improvement in
the position seems to be well grounded. Railway traffic state,
ments are rather better this week than last, and it is a satisfac,
tlon to know that for the first time, for a considerable periods
the receipts on the Northeastern line, which principally servethe iron districts, show a slight increase.
Altogether we have no reason to complain of the movement
now going on in the trade of the country. The strength of
foreign competition will keep in check rabid speculation as it
renders the cutting down of profits compulsory, consequently
there will be more probability of business operations being
conducted on a sound basis. The money market seems to be
in a healthy condition and quite capable of fostering the
development of a sound trade, but at the same time the fact
must not be lost sight of that if the inquiry for gold for
America should revive in such force as to necessitate applications to the Bank of England some monetary disturbance is
quite within the bounds of probability, as our bullion resources are by no means heavy and the margin of unemployed
balances is being quietly reduced. On the other hand any
material hardening of money here would attract supplies from
the Continent.
Politically affairs remain much the same aa they were. The
difficulties in Eastern Europe are still unsolved and there is
always the danger of the unexpected happening and thus
bringing about greater troubles, but constant discussion on its
merits has robbed the interminable Eastern question of no
email portion of its terrors for the trading community.
The
agricultural interests are obtaining rather better prices fqr
their wheat than they succeeded in securing a year ago, but
with crops below the average it does not seem that their position has been much improved or that they will be of special
use in stimulating the home trade.
An influential meeting has just been held of the Virginia
bondholders to protest against the continued repudiation of
There was a unanimous de.-iire shown
its debt by that State.
to continue the agitation until a fair composition of the debt
had been secured.
Summed up, the resolutions passed
amounted to the following
That renewed efforts are necessary; that an assessmeht shall be levied on the bonds In order
to procure the necessary funds; that the Riddleberger settlement is unacceptable, but that a reasonable compromise in
view of the resources of Virginia woul J be considered.
On the 34 principal railways of the United Kingdom the
gross receipts from all sources during the first half of the current year were £31,565,508, or £441,008 less than for the cor,
responding period of the previous year. Including the balances
brought into the accounts,, the gross revenue was £31,972,060,
or £138,234 less. The general charges were £16,459,678 being
I

:

a decrease of £255.931.

Debenture and preferred interest, &c.>
absorbed £1,696,091 or £93,853 more than last last year, and
the amount available for distribution amongst the ordinary
shareholders was £4,231,895 or about £330,000 less than last

It will be seen from the foregoing that the first half of the
current year was anything but satisfactory to the railway
interests regarded as a whole, but the prospect for the current

half-year

One

is

steadily brightening.

week has been the
excitement in Spanish securities due to the military outbreak
in Madrid.
It is currently reported that Stock Exchange
gambling has had something to do with the emeute.
The
Madrid correspondent of the Times, telegraphing on the sub
ject,

of the financial features of the

remarks

:

" Now, the primary causes may be stated at once— the utter despera
tlon of the Eepubllcans of violence, to which may be added the usual
speculations for the fall in Spanish funds. Such speculations appear to
form an integral part of all these revolutionary fliiscos, if the word
revolutionary be not a misnomer. To show the connection of the speculations with what has occurred, and to dispose of the ma'ter summarily, it may be said that oc Friday last large sales of the funds were
drid and Barcelona by the usual gamblers In blood and
effeited in
stocks, and the explanation of tnese sales is now patent
B tt the effdCt,
as on previous occasions, has not fully answered their expect -iltons. as
national values have remained relatively steady, only losing a small
liart of the advance of the last few weeks."

M

I

These remarks may seem to be rather overdrawn and
improbable, but there is strong reason to believe they are sub
stantially correct.
This is not the first time that the so-called
patriotism of Spanish conspirators has been mainly evoked by
the desire to replenish empty purses.
Placed beside such tactics the well-known advice to "Get money honestly if you

money " seems allowable. It was asserted at the
time that the Carthagena outbreak was tainted by stock gambling, and the movements _in the funds conBrmel this view.
Happily neither on that occasion nor on the present did the
leaders tucceed in obtaining anything commensurate with the
risk run, as in each case the fluctuations were c\)mparatively
slight and the resulting depression was far from heavy.
It is,
however, a sign of the times, and anything but a healthy one.
During the
The money market has been rather easier.
earlier part of the week there were occasional inquiries for
gold for America, but not sufficient to necessitate any recourse
to the Bank. Since then the New York exchange has advanced to a point sufficiently high to check any efflux at
But although money
least during the immediate future.
just now is quiet, a gradual hardening of rates seem i foreNext week the demand will be temporarily ani
shadowed,
mated by the inquiries in connection with the Stock Exchange
settlement, and later on the Scotch Term payments will have
to be considered, besides the disbursements for cotton, which
may yet cause some large amounts of gold to be taken from
Trade expansion also has to be allowed for. There apus.
pears to be, therefore, every reason why money should
harden, and there can be no question that the process would
be rather rapid were any sudden appreciable demand to spring
up, as the Bank of England holds less than 33 millions of priBut for the moment there is a difference of 1
vate deposits.
per cent between the open market and official quotations, so
The week'y Bank
far as three months' bills are concerned.
of England return does not show any special variation in the
position of the leading establishment. The reserve has gained
£133,430, but as the deposits held are also some £311,000
heavier, the proportiaa of reserve to liability retuains pracIt is, ia fact, hardly so good,
tically the same aa last week.
being 48 48 per cent against 48 52 per cent. Bullion shows an
can, but get

i

OCTOBKB

THE CHRONICLE.

9, 1680.]

423

on balance of £50,000.
The wheat trade has remained in a more or less lifeless
which now amounts to £13,750,534, ia about condition. A very small business has been done but at the
£1,046,000 lew than last year, and the stock of bullion of same time a steaiier tone seems to be asserting itBelf. The
£21,406,304 shows a deficiency of £973,000.
markets just at present are by no means heavily supplied.
The rates for money have been as follows :
Farmers are not evincing that eagerness to realise whicli has

increase of £8,180, against an export

The

rcserre,

OlHi»M«rtet

IntcrMt oOOiMll

nut.

Tndt

Bait.

HV

OiM*t

Ma

Ik«r

Tkrw

I

Fitr

rack

Sis

'It
7 to 14
OatL Dayt.

MomtlulllotUJtM JTaatJU MMitktj MsiUJkt

Aot.ta

*H*H* -SNtSHMMiN

Momt.

Mom'l.:

Horn'].

IX-IS4

» SH|tHa*N,*N* --.* • - Nom'l. Noa'l.| Nom-L
8w«. • «NWM -^SN* -\m» - a asH sh»im smash
M nJtiM -mtm -vitotatt *n«3
•>!<
—H
*-

«<>!4

's

M n«tN« -*N* -•«•

'
-

t4

InI«W

-'«)«• -ISN»

->«(*s

-»

>3

*3>t a

a»(< •»<
»S1»SK—

The following return shows the position of the Bank of
England, the Bank rate of diaoonnt. the piice of consols, the
pr ce of middling upland cotton and wheat, and the Bankers'
Clearing House return, compared with the ttree previous years:

(Snalatlon. •xeladlnc Td>T
otkOTbilta

M.4M.iaf)

r»Mi«iiimm

S.I1t>.0M

iaiSI4.74T

it.ioojgM

M

4M(».e.
ap.aJ

Mll-Md.

«U.M.

««<».•
a^«.
UtS-Md.

101 S-ISd.

ata.io>L

41s. •<!

ss-isd.

ON*.
9Hd.

Mi. 104.
SS-MIL

11-1

mi

siiiotMal a

Th* Bank

.anal

M

a

47MP.«
S

•N4-

p.e.

sa jwa aK,4».ooo

and open market rstea at the
now and for the prerkras three weeka

rml« of diaoount

ehlaf CootinMital oitiea

ing markets of England and Wales during the first three weeks
of the season was only 104,050 qrs. or about 03,300 qrs. leas
than last year. It would be inferred from this that the grain
is in comparatively strong hands, and compulsory realizitiona
are therefore likely to be less frequent. The avei%ge price o(
home-grown wheat for the season exceeds that of last year by
tenpence per qr.
Had it not been for the full average sup>
plies of foreign flour which have come to hand a more distinct

impiovement might have been recorded, as the three weeks*
arrivala of foreign wheat into the United Kingdom were 734,000 cwts. less than last year. In the case of flour, however,
there has been an increase of fully half-a-million cwts.
ises.
Naturally this tells upon the value of wheat and renders the
X
J
establishment of an advance all the more difficult. It was tha
s.i(n.7oa »JS».8M
heavy weight of fl jur thrown on the market during the season
4JH.44a MW.«*4 •.lOi.SSS
just concluded, that exercised such a depressing effect upon
«6,(»i.510
I4MSJM ULnB,SI« ia,«KiAii values. Just now we have contending influences to consider
tl,lS?.«18
A»4B.<M
Supplies of l>oth wheat and flour here are distinctly lower than
U;7aB.7SI ia»«).7M I4.i«3.7<3
luaakii
*4.3aa,Mi»
last year, and the harvest is not up to the standard of 1885,

4r4t».a.

4

been the characteristic of the opening markets of the new
season for the past year or two. The weather has been favorable
for threshing, but the actuU quantity disposed of in the lead«

hav* been aa foUowa:

On the other hand, the
quantity afloat to ua exceeds that of last year by over 300,000
qrs., and there is a gain of about 5,000,000 bushels in the
American visible supply, but in the best informed quarters tho
opinion seems to be that the market will become stronger, the
movement, however, being very gradual.
The following shows the quantities of wheat, flour and
maiae afloat to the United Kingdom.
either in point of quality or condition.

Tklt teaek, ,Lattv»tk.

«•«.

Imurmtm

BMk

*a(.iT.

(4.

an*-

Opm
0»M
Mmkm JM*. JlwM

JUt«.

a

a

IN

s

a

tit

rnnkfial^

a
a

a

IM
IN
IN
SM

a
a

aM
•<

SM
4

s

aw
aM
MaaiM

SN
SM

SM

4

4. f«Ufi»»ia..

4
4

4

4

a

S

a

a

4
1

4
a
a

Meaara. Pizley ft AbelJ write as

ballioa market:
Ooid-Tkc onir wlthdnwaU

fma

«M

4
4
S
8

.!•

I

I

:

I

.

'

.

IS-l.OOO

"hM

:

18X6.

Vbsat

ewt.

Barley

'

8

bMUanoora
nour

(mllM

•

'-^^ry

lOS.tt.'M

13-<.A59

1,867.231
1,100.880

xi

1

^.ujo

1884.

1885.
4,S42.6»7

4.836. 0^2

.%39,0.t7

U20.7g2

73«,38S

8il'',236

1U7,<I24
328,3S'Z
I,420.0'j3
51)8,267

7»,019
S04.603
l..'i67,^02

188S.
4,715.560
.KIt.DSS
735,g(l«

A«.800
258,136
3,097,069
784,057

911,704
Sopplies available for consumption (exclusive of stocks on
1)

1886.

Imparts of wheat, owt.
lasportaot loor

3,8.'i8,476
l.lo<),8'«0

adisaalboisgruwu.. 1,492,463
Toial

Oorrmmeat hare

3,8.N<),476

8.%4.U47
I,ll0,52<i

Peas
Baaoa

nrrlv

iil.»..rl*'l nil

152,000

mroKTs.

OaU

acalB cr.mo Into the
-it«« from China, tlM prlcw Imi Inipruved to
<4 the wtek hare been ooiiiipiirtsiit.

-

1.645.000

182,000
373.000

Bank bare been £%n.o«0 Innnr

iirric* itD'l a'>.no.> fnim Aiiinikrk*! hiM l>««*n sfMsiT •'
>•• "I!.! il«x ur two, «fui
it'd^riia • hjirr rfii»rkf«t.
< ', .nmi from A ust raJ I*. X
'
*'>ti*l. a.Vk.0.0, Tbe i\
». Airsmera U.1VI* ijKfii
.

•r*— Tito Preneh

I,tf7l.u00

8
»

atate of th

'

!

qn.

4

>

'If
^

SM
«.

a
tlie

IN
IH
IN
IN

LoMtwtar.
1.237,000

1884.
l,47u,000
170,000
319.000
SOUDOO
17.%S00
The following shows the imports of cereal produce into the
United Kingdum during the first three weeks of the season,
the sales of home-grown produce, the average prices realized,
and other items, compared with last season

Vbeat

noiir,eqiial to qra
Ifalae
qra.

September
tb«

cratena, Inr IJabnn. The •Irnutod Utr New Tnrlr
»'' -•'-'Ttpriw! atJ.iMMi from ttw !•>»•
>>

t
8
a
a

w
a

foUowa on

IteM

JM«.

IN
IN
IN
IN
IN

a
a

4

w

a.

Opm
Mmrlm

Itaflla

Haakog

Ayt.

10.

8,451. •lai

1884.

1885.
4,5»2.607
59s,267
8.400,2d0

4,834,8.52

1883.
4,713.560

»ll.7oi
3.193,IU6

2,032.650

7,.^81.2i^

8,n43.752

8,127,067

7>-8.o.'S7

The following statement shows the extent of the sales of
bome-grown wheat, barley and oats in the principal markets
eA^Bngland and Wales during the lirat three weeks of tlie
wsasnni tSKether with the average prices realized, compared
with the last two seasons

MiUioQ are reported aa follows:

OOLD.

1B8«.

aiLTBR.

Apcaa. *»<.1«.
4.

«.

a

n

•.

u(r>M,ail«..

O*.

77

8e4«t«.«mr.(H. TI
timm. au«MMu—.o«.

4.

8

77 10
• • <•

18

A8<.as
BwiilT«r

o«.

Apt.

4.

4.

41M

44

16.

BaU,.

Bar (llT«r.«ont>tD-

'Hieat, qra............

las 8 en. old.m.
OHka atlnr ...o*.

Barley

MMMa 4ala...o«.

Tenders for £1.905,000 Treasury

44M
47N
43M

«4«
47 7.IS

4SN

be received at the
Bank of England on the 1st prox. This is merely a repeat
operation bills to that amount having been issued three
mooths ago at a discount of 19s. 2-8d per cent.
The Royal Bank of Ireland have declared a dividend at the
rate of 11 per cent. The chairman suted that In the first half
of the present year trade aeemed to have reached its dullest
point, bat ia the last few months there were symptoms of im.
prorvement.
They bad wiitten off £9,000 in bad debts as
against £8,000 and £5,000 in the preceding two years.
Stnbbs' Weekly OazetU shows that there were 83 failures in
England and Wales dnrinit the week ending September 18th.
fcowlng a decrease of 8. The number to date is 3,4.'i !, or an
bills will

o«u..

of 319.
I

I

The

313, being

U 8,411. an

numl^ier of bills of sale registere<l in the
1

more than

increase of 399.

last year.

The aggregate

to

Pnc€

aaln.

^

1884.

KaU*.

^*

:

d.

«.

d.

104,0^0 32
7.58H 27
14,614 18

3
5

167,340 31
»6.ii07 31

5
2

222.7r.i 34
77,3:iii 12

4

7

23.00'* 19

9

2»,Ul2 19

9

(.

d.

Gonyerting quarters of wheat into cwts., the totals for the
whole kingdom are estimated as follows:
1886.
owt. 1.492.465

•b«rt

,

I

...."""::

1885.

a«IUh

1885.
2.100.289

1884.
3.195,196

Piaaaol«I TI«rlieta— Per «aoie.

The

daily dosing quotations for securities, Sus., at London
are reported by cable as follows for the week ending Oct. 8 :

LOHtUm.
Sllvjr, j>eroi
..d.
.HiLiAom for money.. ....
Jonaola for aoooant
Pr'eb rentealln Parla) (r

U.8.,4>aaori891
a. 8. 4aof 1907
iMOiulUn PnolHo
';iilo.

Mil. <k St. Paul....

Sne, oomnioD Btook....
Uloolt Central
'eoiMylvanla

°hlUdetphlaA BeadlDk

New Ton Omitral

10<lI3,g

ion,,

iin\
I329g
7318
9718

36 >•
18i)>a

61H
9>s

I117M

THE CHRONICLE.

424

Rock— Ht

St. Loalg.Salem & Little
Cisco.
It is stated lh4t the St.

—

Bonds Held by National Banks.—Tlie foUuwine

U-Jck road, sold last

F.S.

Bonds Held October

1886.

1.

Bank

Pubiie Deposits
in Banks.

Circulation.

$8,648,900
120.000

$87.048.45J
3.576,000

4,12t,.500

66,343, ':00

Act July 12, 1882....
Currency 68
4^ per oenta
4 per cents
38,

San Fran-

—

properly be united, and it oSts this to the public under the
name of "The Free Tontine Policy." This new policy is described as indsputable, unrestricted, non- forfeitable, accumulative, and pajable without delays as swn as it becomesdue.
Tlie public will be glad to hail with satisfaction every step in

Seeure-

Total Held.

$93,697,350
3.636.000
60,46^.100
124.02S,350

114,880,S5O

9.147.500

to

&,

<t

In another column our readers will find an interesting and
important announcement by the Equitable Life Assurance
Society. It states that after a careful study of the usage of
insurance compinies at home and abroid and of its own large
expe ieace in years past, it has now combined in one form of
policy, all the advantages and guarantees which oansafely and

We

Description of Bonds.

Ltiils

Si. Francisco RailL mis Silcm& Little
week under foreclosure of mortgage.

Liuis
have acquired the St.

way Company

interest-

ing statement, furnished by the Comptroller of the Currency,
shows the amount of each class of bonds held against national
bank circulation and to secure public moneys in national bank
gave the statement for Sepdepositories on Octobsr 1.
tember 1 in CaRO.viCLE of September 4, page 26:J, and by referring to that the changes made during the month can be seen.

XUU.

[Vol.

advance taken by this company towards making the life insurance contract a more simple and desirable one. The announcement will be found in our advertising column.

$281.88C,800
— Among the cards of trust companies published in Thr
Chrg.vicle to-day will be found that of the Mercantile Trust
last
of
imports
—
The
IMFOBTS AND EXPORTS FOB TBCK Wkbk.
& Deposit Co. of Biltimore. Tnisompmy has a paid-up
week, compared with those of the preceding week, show a
$261,S4>i.<»00

$JO.0J0.H0O

Total.

and numbers among its directors some of
In addithe leading bankers and business men of Baltimore.
tion to all ih^. ordinary business of trust companies in the
execution of trusts, management of estates, &c., this company
cfiUs special attention to its safe deposit vaults for the keeping
of securities and all kinds of valuables. These vaults are said
to be perfect in all their arrangemmts, with the latest appliances for safety and convenience.
capitil of |.500,000

decrease in dry goods and an increase in general merchandise.
The total imports were $149,012, against $7,512,359 the preceding week and ?9, 285. 419 two weeks previous. The exports
for the week ended Ojt. 5 amounted to $6,576,930, against
$6,650,317 last week and |7,60.),143 two weeks previous. The
following are the imports at New York for the week ending
(^or dry goods) Sept. 30 and for the week ending (for general
merchandise) Ojt. 1; also totals siaca tha Deginaiui of tae
fiist

week

—The

in January:

for Week.

Dry CKtoda
Qen'liuer'dlse..

Total

SinetJan.

18S6

188S.

1884.

1883.
$1,947,678
6.726.202

$2,324,332
5,908,980

$1,692,904
4,664,086

$2.179 420
6,969.592

$8,673,880

$8,233,312

$6,350,930

$9,149,012

$97,303,970
219,558,878

$92,017,247
334.537.101

$77,438,953
208,847,715

$M.037,S3!

1,

DryQoods
Gen'lmer'dlBe..

Invest'gator

236,975,487

Total 39 weeks. $346,867,84!- $326.5r%4.351 $236,286,673 f323.0l3,319

For the week...
Frev. reported..

$7,110,5^6
244,325,575

$fi,599.4.'30

2dl, 172,780

$6,576,980

$e,«0i,S91
210,031,612

23v',084,3.7

Total 39 weeks. *267,772.210 $251,131,131 $246,637,;03 $236,631,297

The following table shows the exports and imports of specie
at the port of New York for the week ending Oct. 2. and
since Jan. 1, 1886, and for the corresponding petiods id
1885 and 1884:
BXPOST8 AND IHFOBTS OF SPBOIB AT

HBW

Week.

Nov.

securities.

&

1.

Anctlon Sale.'.— The following were sold at auction this
week by Me.ssrs Adrian H. Muller & Son. 13 Pine Street

M iritime
Aswiciati.iu ".f tlie Port
of New York, all dues

2 .MemUcMliipsln

.V "lores.
Insurani'.i-

nome

Co

1-50

5 Aiuer Ex<>h. Fire Iiin.C i.l02'4
40 Butchers' ..t Drovers' Na-

Kauk

tional

S Nioeiccnlli

300 Cent.

1

260'»

Qermany

$1,500 12,494,116

J 29 1,990

$2,124,210

ll,57ii.6.id

12.-i.4'.0

2,35,'s,264

5.471.56H
d.472,033

528,908
218,H29

568.573

1,554
2,842

..

West ludles
Uexloo
Booth America

57,568

All other oouutrlea.

2,500
7,000

637,77i>

5.823.12(1

1,969,128
34,755
30J,554
273,839

$C8.56S 437,220,724 fl,16i>,573 tl2,°84„^70
3il.2'.i3
8,r.ol,372
14.24U
6,423.880
180,41"/
5.00O 37,918.444
ll,4a0,MO4

Unlisted Securities.— Following are latest quotations from
Petroleum Boird and N. Y. Stock Exchange:
Securittee.

Aik.

Bil.

Securities.

Mexican National

Oil Trust...
-Nule Ou
,ft

Prof

Cible

1st uion. ...
Ohio.. 1st molt.
SlicU.
-

Bauk.ibMeri'h.Tel.. gou.M
K.— New aUJeK
BOHl. li.

A

V

A

M.K.^

Trust atampe stock
BuAt. H.T.dL VVtiuL.— dtk.

—

Delientures
..
Brooklyu Eiev'd-Btock..

.\.

I«t luoit
2<1

mort

California Piiciflc
Ist mult.. 7m

Chicago

A

Cau. So

eie*t Britain
Fzanoe
Germany.... ,.,.

$99,C00
..

West Indies
Uexloo
BoQth America
other ooon tries.

U

584
13,634

300

$7,104,571
217,877
41.650
21s,884

50,360
6.861

90.885
103,051

4,241

746.474

35,148
3,20

343,t»7(i

>

197.9;

1

54.795

.

2il8

$113,217
335,006
284,210

*7,776,918
12,8h8.523
10,788,826

$42,589
26,897

$1,400,671
1.511.671

55..^86

2,922366

UIH

110

53

A5

"•iV,
18
IS

...

C8

Smilh

4
ii

Boutis, IstOs
Kf-

'V

Little

Of the above imports for the week in laslV, f 349,5 16 were
American gold coin and $3,365 American silver coin.
Of
the exports during the same time $67,068 were American
gold coin and $5,000 were American silver coin.
United States Sub-Treasnry.— The following table sho-ns
the receipts and payments at the Sub-Treasury in this city, ss
well as the balances in the same, for each day of the past week

.

M»iLoi

Rock

,1 Ft.

se.ll*.

30
I

mort

&

Grand lal
St. Jo.
Texas, stuck
it. L. Ark

20
67

1

23 >»

I

A

I

I

88

17

20
25

83
Vs'ia

37
1BK>

98 Si 99 '4

2d mort

4718

Liuia Ft. *=. >t Wich..
S'.PaulE.iiGr.Tr.,lsttjs
I'ul. & O. Coil. com. st.^'ek.
Pref
T. 1. A. A. A N.

20

lstiiiort..tis
r:. s. Klectnc

60

M

Light

47 "a

»1^

6s...-

Vck-iO.tv Jdenaia^

Istmoit

6S1

72

9ri
•i8

1st luurt

Ctih Cenlral.— 1st,
21

IHi

St.

Heinlfrson BrMcie
l»ti.re(

19^
42^4

>a

Y

!

l.'i'a

—istjck

>ir-

X.

Ureeu'ii Lake, 1st

I

01

Kanawha & Ohio

,.-..,

,&

«>•

7>,
I3I3

41

I

QeuifU Pae.— Stock
1st Us

ttt

N. Y. City « Nonhern
N. Y. ji. Uu. Te,.— -M-o. k.
39
."J. Y. W. Sh.& B.— Stock.
102 >a' 103
>fnrt.h. Poc. -Dlv. b.iiidH..
73
9
9'a North RiT. Cons.— 100 [i.c
Peosacola A Atlantic
"2
"i' Pittsburg Jt Woswrii
1st mort
18
23

93

.

flelelTeii

Y.

2(1

ll"!!

I

Cout. Court. Imp. Co
Eeii.A U.O.Con.d.S.lT.eer il2' lis'
56
New stock, when issued
DttDV. A Kio Kit.v,
18^4 lOV
F.quit. Oas Co. of N.
2:!"
Flint & Pero Maiquctte.

2*1 i>ref

Total 1886.
Total 1885.
Total 1884.

10

r.> I

New Jersey

Ol.l

Y

Silver.

$75

lucut due

Transit Co.. $74

lat uiort

T»tal 1886
Total 1885
Total 1884

JlMUliersbii) N. Y. M"tal
ExctiaiiKO. $15 ansess-

Warl Bank.. 96

Aiiicr.

I

Qreat Britain
Francn

...$2leacli

nald

159ifl

20SeoonrtNar. Bank

Arafir. Tel.

Since Jan.l.

New York

usual quart -rly dividend of \li per cent on St. Paul
Minneapolis
Manitoba stock has beeu declared, payable

—The

Am. Bank

imporlt.

Eieports.

Since Jan.l,

daily financial

—

Amer. Cottm

TOBK.

Bold.

Week.

anew

The business card of Mr. W. J. Meredith appears in the
Chro.sic^e to-day. Mr. Meredith Is a broker of long experience; he buys and sells stock and bondu at the New York
Stock Exchange, and also makes a specialty of liist-class in-

25

I8c6

1885

1884.

of

having been formerly the financial edit jr of the
Herald,

vestment
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
specie) from the port of New York to foreign ports for tl.e
week ending Ojt. 5, 18S3, and from Januiry 1, 1336, to date:
aXPOKTS FBOM NBW TOBK rOB THB WBBS.
1883.

name

the

is

which appeared this week under the editorship of
Mr. Kinahan CornwaJlis. It appeared in good style and form,
and with the announcement that it was absolutely independent.
Mr. Cornwallis U a newspaper man of long experience,
newi-paper,

NEW TORK.

rOKBIda IKPOBTB AT

I

2d mort
....
luCMUles
West N. Car.— Con. morl..

^;xttliittg VLuii l^iaatiictal.
United States Oovernment and other desirable

SECURITIES

:

lOB

INVESTORS.

BalanJ'-e<i.

Receipts,

Itfile.

Payments.

$
Ooj.

2

"

5

••

6

"

"

7
8

Onin

Coin.

Uert'i).

$

$

Ourreiu-y.

$
26, 179.672
26. 391.0. )3
20.131.0xil

1.606,407

4.564,315 126,2.16,238

4l,6s3.''0n

.2.14 2.35-

2.:64.0ii> 126.2.J'i.747
1.817,526 126.0.'.7.150

41.637.210
42.50 1.6 lU

1.9i8.97> 126.0C6.l5u
5.514.219 1^5,963.35.',
1,839.758 I25.8;i0,213

42.ii53,9i0
38.0i >.2J0

26,010,M19

37,687.300

26,143,135

2.24X.3S6
2.021.541
962.061
1,343,445

Total .1 10.324.197

17.850.419

1

2li.191.6S6

All stocks and bonds listed on the iSew York Bfock
sold ou cimimiswion for cash.
DeiMwIt accounts received and Interest allowed ou
subject to draft at sieht.

and

HARVfiy FISK
28

Nassau Street,

&
New

Exchange

boiifiht

mouthly balance*

SONS,
York.

October

fl

THE CHRONICLE.

138«.]

Jhe jankers'

Cia^ettc.
DIVIBBIfDS.

TIM

rollowtnrr dlrldeodK

have reeantly t>om annooneed:

When

Per

Mamt of Oompanw.

Coi ns.— The following are quotations in gold for vanous coiil
Sovereigns

Pine gold bara..
Fln« sliver bar*

DuneaA

—

nr.

Pnul Mini'.

l'Dtt«d

A

Man.

So-.

S

\llov.

(qnar.)....

New Je-*-)" li|iiat.J
I nan ranee.

2>s

North Eiv.r

o'ci.'

'i'DtoNov

!Oot.

Oct.

^'

12 to Oct. 19

Cot.

IVOT.

Silver ^s and 'as.
Pive francs

89

Mexican

80
00
65

dollars..

7-)

• 15

Paris !«

dimes.

>•

Railroad*.
Atrli Tnp. Jc Santa Ke (quar.)
Coororil ..

« S
• 4
• 4
• 15

3 81
Relelimarks. 4 7.5
Oollders
3 96

X±
X

— 9nSi-9 par.
— ^2 • — ii4
— 7t %» — fru
Do ououminero'l.— 75>«»
— TVi^a — >«
Peruvian sola

•$4 87

94 S3

Napoleons

^pao'bDoabloons.lS 55
Met. Doubloons. .15 55

Bootes Olotta,
(I>ay< itulutivt.)

OmU.

425

65
prem

a

4 86

D. S.sllverdoUars— 9U>a9

llO

Enrllati silver.... 4 80
U. S. trade dollars
74

96T»» 97\
9&>i4 par.

•

—

United States Bonds. Government 1>ond8 have been quite
active the past week, though piices have not changed much,
exoppt f T the 48, which advanced a little.
The closing prices at the N. Y. Board have been as folic wa :
<

II Oct.

3 to Oct. 10

Oct.

H to Oft. 10

-ticooa*

rrm

e
I'nloD i

•1
S

iiiir.i

JTOT.
loot.

WALt. MTKKSr. KRinAV. Octabsr»«. IMNH-.I p. n.
The Xonrf Xarkrt and Financial Sltaatlftn.— Busiaes.s at
}^ti>ck IixchnD:;e h'ti) continued so active as to draw attention from all other matters.
TranractioDS have been very largo
in the afrgr«gatc, thoiiirh showing some decrease the last few
days from the muximum reached in the early part of the week.
The main question which openrtors will now ask themselves
b, whether stocks as a rule have advanced as fitr as the present
situation warrants, or whether another 10 or 30 per cent may
reaaonably be pnt on to their prices before the first of J;iDU<ry.
class of stocks, if not each stock, should be considered
separately, as it is pnlpable that tbe rame influences will not
equally bear upon the whole market.
Tbe Tniuk lines, the
Grangers, the Coalers, the Southwestern stocks, the Pacifies,
Ac, muM all be estimated on their own merits ; and such
a iuecialty as New En^Uod cannot be classed with anythiaj;
elie, bat must be judced by itself, on such information as can
be obtained llirou:;h the detective medium of the newspaper
reporti-rs or the Wall Strrt-t agenrie*.
On another pii;r will be found the table of railroad earnings
for the month of September, and although the increase in
KTOsa earning over the same month in 1845 is not quite up to
that for August, the statement ia esceedinf(Iy favorable, and
shows an increase of over f8.8C0,000on sevcntv-eight roads.
The open market rate* for call loans during the week on
atock and bond collaterals have ranged frcim 3 to 10 per cent,
the usual rale to stock brokers being 0O7 per cent to-day the
ratea were 4^0 per c nt.
Prime commercial paper is quoted
at {4®8 p*f cent
Tbe Bank of England weekly statement on Thursday showed
ft loaa In specie of £640,000, and
the percentaee of reserve to
liabilitlea was ?3 5- 16, against 41 last week; the discount rate
remaioa unchanged at
per cent.
The R^nk of Franre
gained I3,S2S,000 fr«nc8 in gold and lokt 1,450,000 francs in

the

K%A

ntterert
\Ptriodt.

4>M, 1091
«>98, 1891

Sa.cur'ey, "96

la

5.

re«.Q.-Mar. •I12«4|nr238 112S».
euup.
-Mar.l U2>« 112>>.|' 1123.!
- - '.-Jan. • 128*1 I2914' 128T,

112««
II214

129

'

.-Jkd.

Fen.

A
4i
A
A
A

.

Sa,ciJr'c7, '97.
Sa.eur'rjr. '98..
68. onr'fj-, "1(9..

ma

OeL
a

Oet

Oct.
4.

(,

4a, 1907
4a. 1907
3s. option U. 8..
da. eur'cy, '95..

*

Oel.
a.

'.if

\

I

I

'.2i<

12i»

I

100
100
-a'H "100
-lan^ •12«'«' HOW 120

Oct.
8.

Oel.

7.

11S>4 •iTsH
112\| •112^
12n M-.S'b
,

I287g| 128l)g

•100

100

I

12«i« •12«>«
158
•12<»g*;23»»t' 128 »8 una.'' 128
J l:<l'«j'13IVi, I3:>> ISPb isml '13i>e
J.
J.

I

I

J.-13<H-1S4V|"
J.Wl3« I'lSd
136 >9
I'

IS4I>B
13(1

184%

136

I

186

woa made.

tbe prioe bid at thg morulnK board : no toia

State and Railroad Donds.— The dealing in State bonds
have been quite active, as follows: $73,000 Virginia 8s ucferred
at 11-}: $210,000 do. trust receipts at 11-}; $20,000 Louisiana
consol. 48at 78J-0; $7,000 North Carolina consol 4< at 00}100|; $16,000 do. special tax at 10}; $6,000 Tennessee settlement 3s at 77^; $6,000 do. 6s, new, at 03}; $32,000 South
Carolina C', uon-fundablc, at 6}-}; $2,500 do. O.s, Brown consols, at 100-110; $2,000 Alabama, Class A, at 102}.
Railroad bonds have been pretty active, in sympathy with
tbe stock market, and they have also been strong snd improving as a rule, the tone of the general market being good. New
York Ciiy & Northern bonds have had an active Hpeculntion on
rumors in connection with the New York & New Kngland
affair, the price fluctuating widely.
The Texas & Pacifies have
again been prominent for streD:{th and activity, and Erie 3ds
early recovered the decline of last wtek.
The closing prices and rangeof a few loading bonds are annexed

;

H

ailvrr.

Tbe New York

Clearing House banks, in their statement of
October 2 showed a decreaae in
siirplui
reserve
of
t8.113,»90, the toul surplua being 93,063,023, against |U,079,873 the previous week.
Toe fotlowinir table shows the chaoses from the previous
week and a comparison with the two preceding years in the
•Teragca of tbe New York Clearing House banka:

Oteatdf.

ITana of Bond.
Oel.

l.!Oe«. 8.

Bang* tituw Jan.

LolaL

U

n. Y.
E.* Weat.2do<mM>l. 6ii.ex.Jnne, '86, op

90 >«

101

t>4

W<«t8hor»'.

Texas

Do
Dii
H.n

A

Id

k-ii.ir.

I'n

:

lOl'a
-

'

roe.
rrr.

If

nv

.,

All

1

.V. »

N. Y.

1

lly

Ua. Kaua.

Do
Inter.

A

Ni>r

.

A Gt

do

Ken. 5a
NorttaeiD ep. Oa

76»8 Jan.

1034

7 7 "4

96>4 Bent.
105 Juno

Kei>.

S«pt.

4Si«Juu.
:m May

Tl\

Hm
7wiV

3ii3Muy

eiSiOcfc

51

Jan.

27»a

?0>tMar.

97

81
94

.>iny

Jnn.

71
o'le
87>«

87N May

88 >«

80

84

97

BiQluat.

10"»8 Anit.

HiS|

ti-u il-.tr.rce

A Toxaa, gva. ti»

'86

idiif
72 ^

57 «,

!i\
.'it)

1,

7:'«M«y
Mar.

Oct.

nmAii^
80% gat
9 'U TdS*
78 H 0^^

g^HO^
871;

Oot

BO

Feb.

Railroad aad Mlscelianetiaii Htocka.—The market continues exceedingly active and the transactions have reached very
rtf(. i.
Oct. 4.
'M. 3
large totals every day.
The bullish feeling has not yet spent
dto
r.-e.*2.7loor«»3:<n.
1,310 $;»o.i<os,20'i itself, and tbe market was at times very buoyant, and prices of
r>,<^Mi.iioi hpt
rt.2 T.oitO
parts
<00
many specialties have been advanced since lust week. The
f,00,
^^.7(»•.
is.ha.'.^fo
Cirsalaami
oast few days, however, there has been some reaction, under
'H»0 30-.liW.!KlO
VMdapaalls.. 3IU
3y!». lo'
i>iii
LMtBllaMcn.
I30.7tJ7.«Oo the lead of New York
New Englund, and there have natu-J,. . .aojj
Lacal rcaervr
r>A.3 10.000 •77,07:. "JS^ rally been large sales to realize the profits already secured.
Beaervahaid.
loe.!«74,0OU
137.839,«
Ill Uje .«arly dealings some
weakness and irregularity were
• iJ.liA.'i.aiAlDea «3.1llt.<>l«ol *4l.4»9.fOO •2ffl.8!»7.e75 caiiBciT by the threatenini; attitude of Pennsylvania toward the
trunk-line p<iol and also by the publication of a lett<>r from the
Exebaase. The demand for sterling ezchaof^e continues very Governor of Pennsylvania criticiiing the pool and the coal comlight, the miirlcct l><.'inK dull.
Hates have also been quite weak bination. Prices quickly recoveretl from this, however, and
in consequtnre of a more lilxral supply of commercial bills,
he coal stocks, cs[>ucially Reading, were quite strong afterward.
drawn priocipslly agiinst cotton. Pusced rate< have been re- Foreign buying has again been a feature of the market, and
duced one rent during the week and are now quoted at 4 82 has a<iiti8ted the upward reactions.
fend 4 83, the market being firm at the reduction.
New York & New England has still been very prominent,
To-day tbe rates uu actual buiineas were aa follows, viz.
and the dealings have been heavy. List week the highest
Biaken'OOdaTi* st«riing, 4 81^04 82 ; demand, 4 >'4i ?94 84^. price reached was 37f; on Tuesday of this week it jumped to
Commercial bills were 4 70^S4 79}. (I8f and then a aharp fall commenced which carried it down to
Cabtaa, 4 f4|94 83.
CODtloental bins were: Franca, 3 24{93 23 and 5 2l}ua5 22J; .58} on Wednesday, from which point it has recovered somewhat.
telchmarks. 01i®04( and 03®031: snildera, 80 13-10^39} The same vague rumors mentioned last week in regard to a comand 40940^.
i>iaation or consolidation of roads have prevailed.
Western
Tbe fotluwing were the ratea of domeatio eschange on New Union was sent sharply upward early in the week, and subseYork at the undar-mentinned cities to-day: Havannati. miying ijuently the other Gould stocks were advanced Missouri Pacific
Manhattan Elevated
i discount, •elliny ( dis'-onnt; Charleston, buying 3 in@^ dis- quite rhirply and on large transactions.
OOttnt, selling tmr; N^w Orleans, commercial, 1.50@17.'> dishxs alito had a fair shard of attention and reached higher
oottnt, bank, 7> ditcount; 6t. Louis, 73 discount; Chicago, flgnrea.
70 discount.
The Vanderbilts have been very strong, Canada Southern
The ratna of leading bankers are aa followi :
and Michigan Central being specially active, and advanring on
the report of prospective diviilends to be declari-d in DecemOe.o6er 8
Dtmtnd.
Ma<y nays.
ber., Oiher stocks prominent for strength huve been Canadian
Paciflo and C. C. C <& I., and to a small extent the NickelluKbUiaon London...
fttm»i •'''
i'an
4 82
Platrs, while, o i the other hand, the grangers have been
Pilasao
4 8'i<4<>4 arn
.'-rolal
P»)ilfii«'r
4 7ti:it*4 8'>>4
generally weak on bear rumors from Chicago, the most promi•» 2)1^ S 22>«*5 3iri
ra»U(frin. .i
ft V5
nent speculator there being reported aa a free a<-ller of St.
40 a40ii«
itstardam (calMers)
80l«i«»30''»
65 SM5>s
II4<«.*».<^
Fvnaftfurcnr ifM<n-'ri fr«1f«hmi»r1ral
Paul atock.
tlUM.

Dtfhr^Mas/Vn

IMS.

I«94.

:.

&

'

—

,

—

THE CHRONICLE.

426

NEW YORK STOCK EXCHANGE PRICES FOR

tVEEK ENDING

OCTOBER

S,

AND SINCE

HIGHEST AND LOWEST PRICES.
BTOOKS.
Saturday.

HH.

Active

&

68

68>4
5741
62>e
48>s

67% 70
56% 59^
6OI4 61%
48% 4876

48
9

Istprel.

Chicago

Oct.

6II4

Cbesapeake &Ohio

Do
Do

2.

56%
•16
*11

..

2dpref

18
12

*9

•16
-10

Taesday,

i.

IOI2

18
12

Oct.

8.

Shares.

69% 71
59>4 62%

7II4

72%

7114
61=8

7214

62 14 63%
49 >a 49 12

71
62
62

72

6II3

84,478 61
127,960 34%
63,498 42%
5,703 38
450
7
512 13

49

49%

-91a

•16
•11

& Northwestern

Do

pref

Chicago Rock Island & Pacitlc
Ohlcago Bt. Louis & Pittsburg

Do

'

pref.

Chicago

St.

Paul MiLn.A Oiu

Do

pref.

at^scBsm't

&

£ast Tennessee Va.

Do
Do

pd

(in. R'y.

*31

33
121a

Istpief.

72%

2d pref.
EransvUleATerre Haute
Fort Worth & DeuverCity
Green Bay Winona & St. Paul.
Houston * Texas Central..
nUnois Central

2812

Indiana Blouiuingt'n A West'u
Lake Erie* Western
Lake Shore & Mloh. Southern

Long Island
LouisvUle& Nashville
Louis.

New

Alb.

&

Meini>his

Do

161a

16%

90%

91=8

93

93
50 »8

,

pref

20% 20%

46 13
36 14

Hi

161a

Wew York Lake Erie & West'n,
Do
pref.
New York <t New England
New York Ontario 4; Western.
New York Susq. & Western.
Do
pref.
..

•&

aiifl

36
135

91%

93

9314

50I9

51%

Western
pref

Northern Pacific

Do
pref
Ohlo& Mississippi

149
401a 43

2014 2014
*45
4612
3514 37

111
•16

65

112%

111=8

112
17
65

112%

•878

9

34%

211a
34=8

76

76

2II2
351a
7612
6818

9

3558
76=8
57% 6258
2OI2 2158
•7

71a

22 14
*16i4 17
45
45
22

18

10
17

12%

11% 11%

33
50

112%
69%
32%
137%
33%
12%

143

62%
•2078
718
2II4
*16i4

7%
211a

17

13
9178

13
93

Slig

53 14
56

5(i

146%
42

9378

93%

4612 4612
3678 371a
II2I4 11578

161a
65

21% 21%
35% 3lil4

I6I2

29% 30

*7

7I2

•614

35
8
771a

33

42

65

21
4678
377e

65

65

*21

22

35% 36%

23

6414

7%

2158
7

22%

59 14

22 14

7%

45%
28%

16%

22 14
I7I4

.1478

45

28%

62 'i

63

2914
6358

28%
16%

28I4

3378

33=8 34=8

29% 30
351a 36%

21%
7

Do
Do

&San Francisco
pref

311a 321a
65

65 14

77 la
32
32
641a

66%

30

35%

145
140
31
30
7%:
'61a
77
78
77%
32
33
32%

"7%

2878 29%
63% 63%
28 14 28%

15% 15%

145
30

66I3

•65

Kxpreits Stocks.

Adams

33%

30%

30

3414

30%

36% 38 14

3678

144

140
31

147

2414

78

20%

6%
•211.1

•16%
•45

& Co

Inactive Stocks.

143

143

141% 141%

105%106i4 105

58% 60
'125

128

59 14
125

Atchison Topeka A Santa Fe.
91% 91% 9514
Atlantic^ Paclnc
918
9%
9% 978 10
Boston & N. Y. Alr-Llne, pref. IOI14IOII4 101 101
'100
Buttalo Ko<h. A Pittsburg....
5478 2479
28
Central Iowa
ns 18% 17% 19
18%
Cincin. Ind. 8t. Louis & Chic
•414
Cincinnati Wash. & Baltim're.
4% •4
4%
4%

Do

pref.

Manhattan Beaeh Co
Morris & Essex
New York Lack. & Western..
Oregon Short IJne
QolbksllTer Mining Co

Do

pref....

Bensselacr & Snratoga
Klchniond * Alieg., receipts..
Bt. Louis Alton & Terre Haute.

Do

7%

15

7%

7%

105% 105% 105

6
24% 24%
9

9

*33

37

•24
•33

85
IS'g

1878

1878

20

32
7
25
37
85
19
20

•

*

oal

«V

6%

Iron

10 14
28
19
478

8%

66 14 67

66% 67%

106

32%

6%

160

37

37
89

1878

187g

83

978

10%

101
29
19

101
29
19

97
5

97

9%
100

143
105
61
127

141
106

22

6%

22I4
I714
4514

144
30

5%
8%

5
379

10678 10678

6% 6%
24% 24%
37

3978

"l8% "18%

978

102

114%

58%
109%
119%
38%
19

20%
62%
20%
3714
28I4

79
105

143
106%|
128

97b 10%
'100
102

20

5%
9%

14

14% 14%
tUi-

''24% '25

38

5
9

15

66

t

10678 10678

32% 34
24% 24%
38

38
85

80

16%
14% 14%
66%

14% 15%

These are the prices bid and asked; no sale was made at the Board.

5

9%
1478

38%
86

18% 18%

14
65

14
67

30

19

140% 140%
"32% 32%

80

Lower prloo

3,561

50%
13% Jan.
21

Is

97

Jan.

Mar.
Aug.
July
July

11,220

12

7%

91,046

80

2,500
7,220
2,130
1,850

724
8,788
3.170
36,490
78,995
94.870
7,712
19,730

3,640
6,153
16,320

27%

Sei)t.

20
20
22

144
131

Aug.

9

Feb. 17

51

% Sept. 29

116
71

June:* 8
Oct.
7
Feb. 17

35

13%

i^ept.

24

Pcpt. 30
Sept. 13
Oct.
6

75%
30% i-ept. 23
91% Sept. 15
25% Feu. 1
13% Aug. 20
37% July 20
143%

Feb.
2878 Jan.
18% Jan.

93%
100

Jan.

53%

33% May

220 75

119%

Aug. 11
5

140%

59

312 32 Mar.
26,580 120 Jan.
3,700 29 May
44,999 61% May
800 22 Jan.
3.450 50% Jan.
2,770 16% Mar.
6.370 40% Mar.
146,527 21 May
54,131 100% Mar.
750 11 May
2.300 43% Apr.
34,942 98% May
10.990
4% Mar.
4.250 11 May
97,980 22% May
3.335 50% Jan.
409,394 30% Mar.
1,546 15 May
2,849
6 Feb.
1,933 17% Jan.
1,105
Mar.
8
2,550 25 Jan.

5,300

Jan.

38%

Sept.

8

146
140
99

15% Jan. 5
36% Aug. 7

Mar

210 25
615 134

8
6

Feb. 13

Sept.
12.'i%Sept.

43% Mar.
2678 May

28

% Jan.

15%

20 67% Jan.
200 15 May

874
33
66

61% 61%
125

28% 28%

18

19% 19%
64

35%

9514

160

14

13% 13%

Central Coal

I

May
Apr.

6
6

24
29

150%

Oct.

June
Oct.
Sept.
Oct.
Sept.
Oct.

9
5
5
6
21
5
14

6
23
6
71% June 3
95 June 10
23 June 9

43%
94

51% Jan.

4

37 7e Oct.

6

116% Oct.

6
5

17

Jan.

69% Sept. 10
114% Sept. 20
10% Oct. 8
24% Oct. 8
37 % Sept. 24
81% Sept. 24
68% Oct. 5
22% Sept. 29

8% Jan. 2
24 % Sept. 22

18% Aug. 6
Aug. 6
29% July 27
63% Oct. 6
47

29%

Sept.

19

Jan.

22

4

35% June 21
32%

38%

Sept.
Oct.

15

7

Mar.

150

July

1

Sept.

38

Feb.

2

7% Sept. 29

3% Jan.
25 Jan.
17 May
37% May
97 May

22
27
5
14
115%
67 Apr. 12
37 Jan.
114 June 16
99% Jan.
106% Jan. 19 119% Oct. 7
41% Ai>r. 24
30% Mar.
19 Oct.
8
7% Apr.

17%
44%

81

33%
67%

Sept.
Sept.
Oct.
Sept.

20% Oct.
63% Oct.

Oct.

Mar.

May
23% May
21 May

2178

12

Si pt.

38% Sept.

8

5

20
20

4 30% Aug. 6
Feb. 8
747b June 3 111
87% Jan. 18 108% Feb. 13
16 June 8 31% Mar. 6
93 May 4 10978 Sept. 14
49 Feb. 23 67 Jai.. 2

200
2978
5,740
106
55,660
57
1,930 128 May 3 146% 8. pt. 27
144 144
76I4 77%' 346,574 60% June 9 78% Oct.
5

1478

Maryland Coal Co
Tennessee

'125

105%; 105
59
60
128
127

140% 140%

Eoniestake Mining

New

8%

105
59

15

pref.

Cameron Coal

7%

106
60
125

76% 77%

14214 I4214 *141

Mar.

Sept.
Sept.

6,.j50 22
May
28% 29
63% 63% 28,006 53% Mar.
28
28 14 11,660 19% May
260 13% Mar.
33% 34% 39,140 25 Mar.
29 14 30%
6,295 16 Mar.
36% 38 472,782 18% Feb.

67%

14478 14312 14412 144 144
144 144
7418 7814
76% 78% 7578 7714

143
107
59
128

65

78

144
30

29% 30

73% 74%
'141
*105
58
•125

AuierU-an
United States
Wells, Fargo

144

67

2314
3514

(St

Puiluian Palace Car Co
Western Union Telegraph...

42

91% 92%

77% 77% 78
3278
32% 32% 32
65% 66% 65% 66% 66
II3I2 112 113%' 114 114% 114 114
iBtpref 1121a II212 '111
II414
Bt. Paul & Duluth
5714 581" •57
58
58
58
58
58
58% 58% 58
Do
pref
109 14 10914 109 12 109% 110 11(1
109% 109% 109% 109% 109%
Bt. Paul Mlnneap. <& Manitoba. 1171a II8I2 118
11712 llSJrt 118 118% II8I4 119% 118%
118
Bouthern Pacitlc Co
39% 4018 39% 3912 39% 40>4' 39% 39% 38I4 38I4 38%
Texas & PacUlc
17 12 I714 18
17
18
19
18% 18
18%
I8I2 19
Do
trust cert
ISifi 19
18% 20% 19% 2014 1978
181a 191a
Union Pacific...
6178
60% 61=8 60
61% 63% 6214 63% 61% 62% 61%
2II4
Wab. St. L &P., P.Com.rcpls.
19
20
20=8 2078
20
19% 20
20% 20
191a
Do
pref
3612
36
37
38% 37% 38% 37% 37% 36I4
351a 361a
miacellaneoua Stocks.
28I4 285e
28I4 28%
28I4 29
Colorado Coal
Iron
28% 28% 28% 28% 28I4
Consolidated Uas Co
78% 7812 78 13 78% 78% 79
78% 79% 79
79% 78%
Deliiware 6i Hudson Canal..
105 12 106% 103 1051a 104% 105% 10414 105
104 105%! 104%
Oregon lnn'ri)venient Co
2978
29% 20%
Oregon Railway & NaT. Co.. 104 IO514 IO314 1041a 104 10478] 10478 106
105% 106
106
57I4
56I4
PacitlcMail
57-78
5578
5612
56
5658
57%
56% 57% 56%
Bt.Luuls

14978

59% 62%

61
22

22
22
I7I4
17
45 14 45 14

29

64

91% 92% 204,325 76% May

112% 113% 112% 113%
914
978
9% 10%

22

58%

171-j

20%

"5078 "si 78

65

65

68%
22

19

93% 9378
21% 21%
48I4
46
45
46% 47%
36I4 37%
3678
36% 37
115 116% 115% 116% 115% 116%
16% 16%
16% 1678
21

11.542,

1,050

42

35% 35%
7714 77%

62

28

30 14

28% 28%

I5014 149

91% 93%
66
66
93% 94 14
21I4 22%

94
64
94

1,127
35,901

625

78

78I4

7ie
•2II2
*16ia

93

7768

7712

28=8

30

65

92%

50% 52
55% 55%

II213 11312 II3I4II4
878
912
9
9

61%

33I4

33

13

91

I5OI4 149

Oct.

64 % Oct.

105
8% May
120 138 May

2(i0

93

41

64

2i%

3578

52%

43

20% 20%

61

3314
3018

93%

5158

6278

28%

30

89%

135%
16% 17%

12

72%

13778 106,5R0 115 Jan.
4,395 21% May
33
11% 12% 1,975 11% Oct.
7478 74''«
6,390 67 Sept.

13;-)%

17

92

93

6218
2812

32%

16=8

93
64

6II2

29 14

12%

7OI4

11% 11%

I214

134% 134%

I4914 149

91% 93%

28%

29 ig
3458

135

16% 16%

4478
28=8
6178

16% 16%
3318 33%

71
69
33 14 32
137
138
34
32%

1886.

May

138% 139

112%

1,

Jan.

Feb.

4,730 128% May
93% 94% 210,160 82% May
121% 12178 1,164 116 May
115% 116% 41,088 IO414 May
835 135 Jan.
142% 14278
125% 126% 2,775 120% May
375
I314 I314
9% Mar.
260 26% Mar.
3214 32I4
33
51% 4978 50% 37,455 35% Mar.

74 14
5
29
29
•87

10

17

•35% 39

4478 45
2814 281a

28

Ohio Southern
Oregon & I'rans-ContlDenial.
Peoria Decatur Evansville. .
Philadelphia & Reading
Bichniond & Danville
Richni'd & West P'ntTerminal
Eoohesler & Pittsburg
Bonje Watei town & Ogdensb'g

143

48% 49%

10

143

36
I3518 135

17
13

63 14

18
•10

13878
94=8
12112

12

1212

*16
13
9014

65

pref.

Do

5114

40 la 40 13
9II4
90
891a 92%
•62
63
•611a 63
92 12 *91ia 921a
92

*45
Do
pref
HlBBOuri Kansas <Se Texas
3512
Missouri Pacitlc
lllH
I6I2
Mobile & Ohio...
Nashv.Chatiauooga^St. Louis
65
New York Cential & Hudson. IIII4
New York Chic. & St. Louis
9

Norfolk

33%

50

63%

10

22% 23

142% 144

St. Louis

Do

*30

55% 55"

& Charleston

Hlnneapolls &

5138

Chicago.

Michigan Central
Mil. Lake Shore <fe West

18
12
142

3212 32I2 •31
35
5078 51%
5078 51%
II3I2
II314II4
1131a
64I2 66
6978
65% 66% 66
3212 33
3214 33
325g 33%
3278
135 12 I3718 137 13878 I3714 138%
138
331- 34
33% 34
33'8
33
34
1178 I2I2
12% 12% 12% I214
121a
73
7314
73
73% 75
74% 75%
12
""
2878
28
28
28% 29% 281* 29%
•87
S'Jis
87
90
90
89 la
89%

34

11% 12
36% 36%

49^8

Manhattan Elevated, oonsol.

10% 10%

18
•10
142

11314114
641-2 66

CohimbUB Hocking Val. <kTol
3214
Delaware Lackawanna* West 13612

Denver* RioG..

63%
62% 6278
49% 49%

6414

139% 139 14 139%
95% 94
95
121% 121 121%
116%117i4
Illil2ll7% 117 118
11678 11712 115% 117
142 142% I4214 I4214 14314 I4314 143 143
142% 14278
I26I3 127
12678 12678 126 12612 12614126% 126% 127
*12i2 14
13% 13% 12% 12%
14
491i!

CleTelaudCol.Cln.&Indianap

62%

188S.

1,

Highest.

Lowest.

7.

631a

JAN.

Range since Jan.

Oct.

& Qulncy 13708 13708 136% 1371a 137% 139
'JII4 S»558
9514 96i«
9368 9514
Clilcak-o Milwaukee & St. Paul.
pref- 120^ 121
121 121
Do
1211a I2II2

Ohlcago

Week,

Friday,

6.

5.

Alton

ClilOMgo BurllnKton

Bales
of the

Wednesday, Thursday.
Oct.

Oct.

Oct.

Stock*.

Oanudlaii Pacitlc
Canada SiiuUiein
Central of New Jersey...
Central Paclflc

Monday,

XUU.

fVoL.

16
15
65

16%
15

66%

ex-dlvldend.

130
322
405
41

138

Aug. 21 150

101% Jan. 28 111
51
119

66
May
Mar. 26 130
15

Feb. 12

Aug. 10
Feb. 26
J;me 22

5
8478 Aug. 18 95% Oct.
May 4 10% Oct. 5
Apr. 3 101 % July 23
1
447, 22% Sept. 23 30% Oct.
500 13 Mar. 24 22% Jan. 5
101
Oct.
1
100 70 Jan. 18
2% June 10 5% Oct. 7
5,550
9% Oct. 7
5 July 2
9,770

105
11,320
41

7
96

420 13% Aug. 16 21% Mar. 6
320 132% Jan. 9 144 June 18
178 100% Jan. 20 109' June 1
Oct. 8
950 19% May 8 34
200
4% June 2 8 Jan. 6
.iOO 20
May 17 29 July 16
100 155 Jan. 21 170 July 29
2 May 3 10% July a
100
2,81 'O 27
June 2 46 Feb. 3
100 80 June 26 95 Feb. 16
741
9 Jan. 13 21 June 1
270 17 Mar. 13 23 Jan. 6
978 Apr. 20 16% Feb. 16
1,915
9 May 4 15% Feb. 15
1,200
4,300 38 Mar. 25 70 Sept. 29

L

October

THE CHRONICLK

9, 1886.]

qUOTATIONS OP STATE AND KAILKOAU BONDS,
STATE BONDS.
rtlM-UKlTIBB.

UUM

107
103
10«

lo-aMTisoo

Alkkiau— 0*. fnndad
1>, L Rock* Ft.S.tM.
1; Kemp.* L.Roek RR

10«

Humlbal

IS
IS
IS
IS
S

Row

ai>*
Tf.UR-f.B.A.N.O. RR
Mlu. O. A K. R. RR.
8
r», *!*»«••• r«rt RR.
110<ill3^
Oeornte-T*. goU. 1S90
Louawii»-7>, ooaclal*
T>,

W.

.

htemit

*

<1.

7SS

dt Ml. Jo., '86.

Tork-6*,

re*.,

1887

lan
18M

inUnncd—

Sew settlem't—6b, 1913

106
1913
100
1913
^3^ 138
77
80.1919
47
Virginia—«», old
Ohio-es. 188«
101>i
47
6s, now, 1866
Rhode laL—8s, ap.,1 893.4 130
90
6s, oonsol. bonds
Soath CaroUnk—
S3
6»4
6s, ox- natnred oonpon.
6
•o, Don-tnndstilo, 1888.
65
6s, consol., 3d series
Brown oonaol'n So, 1893 109
6s, deferred
es
64
T«nnoosao--6o, old,189S.«
fri
Dlstriot of Colombia—
63
6a, now, imi.8.1900
63
64
».«s. 1934
6*, BOW oaries, 1914 .
74
ynadiagSs. 1899
<rmp'mlaoJ-t.8.a«.19H 73

116
118
N C>nltii»-«o,eld. J.AJ. 35
13
rnndliur Mt, 1900
7-«,
Now bondo. J.AJ., "M-S 33
So, loan,
So. loui.

8ECUBITIKS.

10

Bpoololtoz, Cla.tsl
Oonsol. «s, 1910

101
103
113

eo,lou>.1891

8, 1886.

Bid.

H. OuoUsk-Contlnaed—

102
6«,dael^
10«
107
as. dae 1889 or 1890. . .
Aiyl'm or UnlT., dae'93 113
nuidlDg.1894.9S
lis

I....

OCTOBER

SE0URITIX8.

Ajk.

Bid.

XlHonri— 6*. 1887

l(n<ilM

a—*c,u.i»o«
•«.

BXCURITIK8.

Bid.

-"

A, IINM.
ihllninl
B. »•. 1906

427

.

is

99^ 101

110

So,
3a,

77«J

SB
1»"

BAILKOAD BONDS.
8XCDRITIE8.

trBad.6ori911

"

I

111

•a,p>id.l935

1118

On inr«aU>,Ja.lM4 IM
liIBlLASt.L^lst^•^P<
PMy A Wost.— lsO»

C. Rap. I.r.A If .-lst,6o
l.t,fts,lw31

Baa. .S. Y. A P.-C«aa.as
esMral.6o.1934

s6
10*

.

Om aa— lst,iat.gii«T..So

OiTUtoaalSs.lMa..

ad,»o.i9i3
Sntral Iowa-lst.7«,'
art. DiT.-lsC««,1913
in. DIT., Isl. 6s. IVIS
<>— Pur. mo r«!.'lM

>^*5g3afts
Sd. BkliBiii. 8S.1919.

_

iraa<l.6a.l963.
la. BIT.-Ist. 7s.

ii(j"j

'.'.'".'.

OombL aaM. as.

::::::

7
1*01.

MaA

1»1«

ia> daiMMituraa,

•"

...

(UUI. A P.-«s,eD.. 1917.

XzL A Csl.T»s,19S4.
aok. A IMa M.— IsLSs
.

MU.

A

t»C

100

P^

->.Pb.—7s,190l<|

i9n
<

f

6".;

I)^18a«

lst,>to. P.

M,7^lns,P.

I

IBM. IISSI

'jfi. ooB«a... nsin ilur
.j
;tJ5j! q sa WBl.aa.1931
HoM.»AW.Tsx.-UI,7.i
7s,tiWT...| ,-;-••'*
lalLAM..
IU.Osa.-ls4f.4s, 1951...
'
,I.AO,7s.laW....|
--i4^«i«^L
133
MbADIi' -0».aB. 18M..

Isl

7«.

1st.

Lac.

«

D.,

H. !>.. 1903.,
l>lT..7s,l«KI., *'*

wf

g..

}"W

A

-

L7b,19(MI
l<l;7s.

I.

1^3>s 1.I3S

!

I

Ul

A u. Kxt.,t«gii|

119

lUt

MIAiOsMT.-BM..Sa...
CiN.UA!(.a-:Tia.L,7s

I

1st.

llWlV'

,a.Ari.,7a,t
t.APBe.MT.i>>

eoasol„ 7s, 1897

MLUAUoi

'

74 >, 76
114
116

110<B
AU.ACh.-lst, or.,7s,-97 134"
io»~
Incomes, IWIO

70<l,

lis"

3d, pref..7s, 1894...
3d, incoine, 7a, 1K94
BollOT..* so. lll.-lat, 8a

"ii"
71
130

ibs'ii

lis
110
113

iii'

96< '88%
97T 98

"

1107

116

!to.-Ii
Oa, 1900..

I....

9U>t! IH)Hi

PsortaA Pak. n'ii-lat,da

1

Ki

'

Is.- 1 at,ei.,6a

III. AH<>.

114

8t,UK.f.'.AN.-R.e.7s
^

118

»oUi. 6s.
Mr -I

OmshalJIr.— lat.

IIIH

f&A^.i4.^b^ilii

!00%
98

7a.

Truatf'o. rvrolpls..

Ur—iis,1919

76

8t.Cliaa.Hge.-laL6a
rl
1. 1,7s

No. Ml

T

ate.AMU«

.1

'

CMwaL.IBB, !M.;a..
MahoBiHOHilK.- 1 st.5.

WiB.Ant.iC7..1'.".

txinc

1*1.

KH

l«l. :..'iM

4a

iinn}

H.

i??

n-.jfla

1

OBils u l.,eoop..
CiBsal .iiip.,i.t,

40

A Naples— lst,7H

Han.

iii'^i

Clar'iia

IM

118

•

MM..4>si.lU3l
1 1

'

iVs"

-

:;::;: iSll.il

-4haraAMi<iti.lta.-

Kb
FBBiasBl,

113

.

.

90 l.lj

^-8trapd.4.p<
vr.AO.-lsL8s.l93Si

SaaM-A
M.AMIa'Bp.-lal7s/
- MMlaaA-l>l.ito
Ml

100

106

Conaol., lot, 6s, 1933...
RI>-ti.,tAllPK.-Ist,7s,I930
Truflt Co. reooipts
Rich. A DsuT.—Cona«g.,6e
Debontore 6s, 1937..

'

-I ni.AW.-lsi.pr«f.,7<
^
.^4s.l»09
.<s,l909
lorBMT.-as. 1931
>i>aB.O.Aapr.— Ut,7s
.

1I2>B

;

OatASa.l95t
OabTAB C.-34 HIT..-,
CM.r.AMtnn.-liil. 7>

.it.Mtaa.mT..*>-

108

r.-lBt,6s.

734
SpokaaaA Pal.,lst.s.f6. lOtI io;ii
1st, 7s, 1011
Ka Paa.Tar.Co.— lst.g.,6s 105 :oss Tol.AO.C.-lst.g.,Ss,1935
80 < Tol. P. A W.-lal, 7s, 1917
n.O. Pae.-l>t,fls.g..l93u«
10I4 lOS
ir.O.A No. B.-Pr. 1. g..6s
TmstCo. receipts
104
:(actA W.-aen., 6s,Tt(3l llS<t 114" Tol. A. A.A O.T.-lat,6a.g.
Raw RlTor— lsii,6a.l933 96' 113 Tex. A !i. O.-lst, 7s,19(ft
Hablne I>lT.-Ist,6s,1913
vii"
lap. A EXI.-6S, 1934..
iV6'
Va. Mid.- M. Inc., 6s,1937
90
AaUnstinl. M.-Ts. 1934. 106
•-• >'i.r..APaa.—uen.,6«
63
OfAA LakaCb.— lsl,6a.. 103
63
Co. reooipts
as
oEla Mias^-Oeaa. s.f.7s 118 11"
I
89
l>lT.-6s,T910...
18B8... 118
11
'•
L OMMOtldMUdlTi
7s,1911
l>lT.-6s. 1910
Bpttngflsld DiT., 7s.
ispfftnirileMDM
luilliolla DlT.—6a, 1031
IXitrolt niv.— Oa. 1931.,
83
tfenoral. Ss, 1033. ..
8»N »s'
Mo.— lst.tl«. ]t>-il ...I 103 •< :03
Cairo I>|T.-Sa. lB:il ...
...
Waliaab— Morl..7a.l90fl
86
,'BACaL-Ut.a<>.l(KSI
OrJETnuise1-6s,'M3.1U'.n; 10! Hi :03
Tol.A W.— lal.ext., 7i 110 lis
1(16
oragon Imp. Co-lat. Ox., 94'i, 94^
lat.Mt. L. Illr.. 7a.'80
110<*
U9 100
Oni'iiKB.ANaT.- lst,(la.
ad.exl.,7a, 1HU3
"
1B87....
Eqaip'l Ixia.. 7a. '83.
hb"\
106% 1G6
Oonsol. POOT., 7s, 1007
113
Hp5MZri!T.MM
^sllb.6«.10IO
Ot.We«t'n-lal,7s,'8>< 110
9U
Paarta Dae. A Et.— lat, 6s U*
3d. 7a. 1H!)H
109
Etbos. DiT. - 1 st.Oa, 1 1>30
Q.A Tol.— lat, 7a. IHIMI •95

-CoB.aa.19111

.oCo.-I«i.

'7oii

,

,

iHl
Aat.P.-ist,a^

;1U4J^

A

RomeW.A Og.-lat.7s.'9I lUH
Con., lat. CXI., iia, 1933.
Rocb. A Pllt.-J at. Bs, 1931 114

BoUeT.A<'sr.-lat.6s, 33
8t.P.Minn.A Mau.-lst,7B
9d. 6s, 1909
Tnist Oa rsoolpts
Dakota Kxt.-6s. 19in.. iiio"
M. 6b. 1933. ..7.
1st oonsol., 6s. op.. 1033 118
K.T.Oat.AW.-lst.g.. 6s 104 l«4^
MIn's Un.— lat, Oa. 19T2
83 Hi 84 >, Kt.P.A Dul.-lst,5s,19.Sl il3it
M. T. Baaq. A W.-l>t,6sl
63
DabBBtaro. Ss, IHOTi. ..
Ho. Car. R'T-lat, #s, 1930 104
81
Midland of N.J.-lnvSn l6i'>i 107
34.6s. 1931.....
111% Sbanand-bV — lst,7s.l909 79 V
W.Y.W.H.A1I.-I«t.rg .4«
37
N.Pae.—O.I.KT..lat,cp..as 116 iiie>«
OoaoTBl. 6s, 1931
Oaa.. Sd. gold. 6s. Iil33. 101 >• 103
Sodas Bar A So.-lst,6s. g.
Janaa IUT.Val.-lst.fla 1U7I« 100
Tox.Cen.— lat.s.r.,7a,19(>9 "73'.

-IslSs

1 1 : •.

IW9

As. i>^ A I B^-OSkl*
Ohio.

rpc«lptJi

.~i..... 1805
X.y.i;.AHI.L.— lst8slB31

-i..o.-ist,r
>.Aat.-lst.as;
"IS

145 ~.
nT..iMaats<.7s.l90i> 118
1.7% twos... 1U6
- ,1a. IMW
91>.
ssssiit. 7s,

2d. 7s, 1898.

116

Engl-d— lst,7s

116

r.H.-lst,eaaa-es

110'.
lUX^.

^_««N.J.-lsi,7s.-»0
i^asai

-<i<!n..es,1910

.

«.AlBdpa.-laSa
i-.Msr4.-lfjKl»Mi

98<..

lata.

.

*

»9

mSitMMtam4.U.l»i»\

OMfsrOlT.—4a.
PMa4s,l9Sl

flBialL>B.IM3

'»

Ia.MT.—M.M..SS.19I9 Ul

•

-'

8t.L.V.AT.H.-lst,g.,7s

PttU.MoK.

V

187

109

Sd, nar.. 7s, 1898
Pino
no C*k
Cr\ R'r-6sof
1933.
R'r- "
Pttls.CloT«. A Tol.— 1 at,6e 107

lis
lis

l'n.6«,'96

r

.

-

Q^-CMa

A

CloT.
P.—Cons.s.td.,7a
4tli,s.f^6s. 1893

133 1.13 Hi
130 S 133 >,
100

A T.— 1st, «

140
130 S

.

IttXS I'lA)

8.V. Y.A l.-lst.Ts,l91il|'
N.Y.I..ICAWV-N>widlls
Kx Jaaa, UM.aaap

\w\

•

M.nar.(lia«,7s.-9M mH\i"
If ias.R. Bi'aa- IsMXa*

La.

C— lst,78

3d,7s,lU18

138
Scioto Vol.— 1st. cona., 7a. "Ss"
lBr7a.l918
130
i'de'i
iraab.ChBt.Aai.L.— lsl,7s
at.Jo. A (I'd IslM.-lat. es 108
loeis
MLUAIron Mt.-lat,7s 113 113".
M, 6a, 1901
116
rTr. Oaolial-«a, 1887
103^ i'oss 9d.7a.l«»7
Dab. eerts.. szM. Ss ...
Arkaiisas Br-cli- lat, 7b 113
109 >i
R.Y.C.AH.-Isl,ep.,7s ISS 136
Cairo A Pnlton- lat, 7a.
108 1*!
r>ct> .5<. iao4
IISS
Calm Ark. A T.-lst. 7a
133\I1S4S
94% 96
"
'*, ooap.
Oon. r'y A l.gr.—Bs.l9.Sl
.Ts,luM 136 136 «, 8i.I..AItanAT.H.— lst,7a UiS

,aoM.7s,1930

Isl.

.BLeaop.. 7s

LTa.llMO
._X.jBak.AChle.-lst

Okle-Barl. A
a, staking

Manaa'a

lltll

>«..».«.
AMa»-lst,7a,-«3

Pitis. Ft.W.*
3d. 7s, 1913.

113^

lis
93
106
B8S 99
87
87

106^ 107

Pltts.aA8CL-lst,o..7a

CeUatanl irast. 6a, 1 803
IbI Kzleaalam Ss, 1937 lOS
73^ 76
SCL. A Cain—4s. roar

SA aitsadaA « >b>, 1 933.

lA

'.01

117
113

Bid.

R K.—

Pa.Oa.'Bgaar.4 >sB,lst,cp
Pa. Co.'s4>as,reg.,1931.

106
106
103
118
116

106

XobUe A Ohl»-Wew da.

lsl.6a.lM»

SECURITIES.

133 >s PennsylTsnia

CMU.. 7s, 1904.4.6
Oooa, 14. iBeooM. 1911
R.AdMtJt&-lat,7B,-90

.T.Va.A Oa-Rr.- 1st,
ltis.C.A ».-Af4a>,.«.<ls

Krta-iat.anBadsV
,

Ask

Bid.

Xloh. Oant.— 6s, 1909....
..--.. ......
1st. azt., 7s. 1891
Coop. Ss, 1931
MIS'! 116^ Jack. l«a. A sag.—6s,'9I
Oonoa. 7s, 1894
la»,K^I>lT.,ep.,7s.igi7i \*0 ;144
Kllw. A Na-lst, 6s. 1910
104 ......
Alb.ABoaq.-lst.7v
1st, 6s, 18H4.1913
87 >»
Ia»,«aiia.,«oar.7s.l90« ...... ISO's iaLL3.AW.-lst.<is,1931
lsl,eaaa.3i>ar.6a.l906 H'-Mll
Mich. DIT.— lst,6s. 1934
>1M>*
M».AI*ar.-lat.«ii.7» U4',
Asbl-d Dir.-lsL6s,I935
lOlJH
iT.A«laOr.-lst„7» .I'ly* i?38
l(llm.ASt.L.-lstJs,1937
Uil
113>a,ll8
Iowa Kxt- lst,7s, 1909
, 7a, Trost rec.
,A Pae.— l»t,7«
|(^7;.1891.
IMAABIoO.Waat-lst,Bs
w.Ext.-lst,7s,1910
Pae. Kzt.-lst, 6s, 1931
IMJtaek.A>lar4.— la(,«s
Imp. A Kqulp.-6s.I933
LaadKraBt.3<«, B. A..
l(tBii.A irW.-lst.8s,fld.
47
Oat. Bay C.A Alp.-lsl.6o „^
KAK.AT.-OeaLJiM9ao
.T.Va.A(l.-lst,7s.lWol 133
O aasral.Ss.19a6

89

AU. * l>ae.—lst,«a,1910.
BalLAO.— IM,i)o,Park.B

la.

BKCURITIEa.

Bid.

I>oLAHad.Canat-lst,7s 110)«

Bailnwd Bonda.
--

BSCUBrriE&

ABk.

Bid.

,,

eo"
iOIVi 101 >B

1V3
13J

106

i.-'7«.'l»()4
'

r.i

1;..

I'll

I

in

80

87

I'D

96%

1

I
.t N
'in*. T*..'!***; :iH
CerllUn Hr'ch. -7a,l9o7l

'.otll.v

I*

•

aiM.P.AW.

I

.\VI9

'

].l*i.lr>I>.

•t.p.1

n

8Sa

liu

MV

mr-

OtLM.VaLA

.T :<

104 >

LV.—3d.6s,CLA

BaadnskT DiT.-6s,l9l9
Laf. BLAM.-lat.6s,l9l»

1906
B, 1906

IC,

Plorco C. A O.
int. 7s, 1895..
»rt.,6a, lurn ..
_.of MO -lav,6a
I

.

113

li:'

ConsnI.. M*. I'MtM
Inc. .k l.g— 7»Tr.rr«!.
RIoO., 6a. Aug. op. uo

iii,'Yi,'ib'\i
-I <-p..«.7.A8

7so(
rcn

,,r.|»f

.

u

7a

l,Mck.» W.-lafcB.

4'IHtalmrfl,'n.

7«.I903

Do

1»4
i)ni.,l

I

.%•
<

2(0 prices Friday

i

109
116
lis
lis
105
105

UiOas sio Isiast qootatlons

made

ttt-n

vn.

Uila week.

.

fix

31
•18

2d. pref..ilt.)if«nfnrea

Aug.

f».r. Urn

cp.

T^.r

83>a

3<I, pref.,.l»?tM'ritliros

4th,pn'r.,ilni.tiiiliires...

N.V.lj»koK.AW.-Inc..«a

OhloKo

— ill.

Peon«li.<t

Ino.,0a,l921

Kv.— Inc.. 1920

BTsnaT.DlT.— Inc., 1930
1U3'«|103% Roch.A l»lttal>.-lnc.lII21

109% 109%

RomeW.

100

73
t

1

80
39
78 >t
77 >a

80
96

38%

9.1

8t.l..A.AT.H.-l)lT.bds..

674 67%
0".

88
76
75
70

AOK.-Ino.,7a.

So Car. Ry.— I ur.. 6s,

n.8,AV.B.RK.-lat,(fi
Tbs.A Pae— Ui.iKli)OS 100

ll'i>s

90

34%.
l»snd'kT niT.— Ino.,1920
60
^ Laf.UI.A^ iin...Ino..7s,'99 1U4%
Hh. AW.— Incomes
108
136
Mil.
Mnli.A O.— I«l.|>rf.,>lebon. •58
6S
102%
84

C.A8.-lal,0s.g

.1.1931
.=-..J«,1908
....

EA

1...

Ma-lstSs..

r%.i8oi

U KrtoAW.-lst, as, 1(119

49'4

...

105 >• Leb.A Wiikesb.CosI—'HH
W.— lno.,7a,-U9
100
Lake

37
34

40
29% 30
87

M.IDC.

Trurtt Co. reculliU

80

«l.7s,1906

10.40,60,1934.
Pons. AAL-lst,6s. sold

Inc.
•..Ba

I.

lli'l

1st. 7a. 1909
cana.,tfs.

Ko. Psc.— lat,

16

Inc.

•

III'

lOS
88

1.1,

I.,

T'^lttOtl

M.

I>.

Oi

ios'

Oa
7a.l000

.

Tmsl bonds, flo. 1933...

Mangsgii. 7
"
Hing..*
rtg..s

Al

W.-lat,«s
I

"Vl.l
•HI...

ill

118

-lst.fls.lll05

(.-.

—

OaLUA^-

lat,

L,6s, 1919.
rs,-95
. P.e.,7s,-99

Ala.—M.f.Hs.lU10
A L.-6a.l03l

IxialaT.

OS
110
113 >t

r.iJtv.lls,BSS.'99
(isAS8..-9«

LaalBT.:«.AIb.AC.-lst,«s
«"<>n« gnM 0.. 1916
• • ' -- lst,8»

a«A M.jn:.'

m.r.

Uoc— ia«.7«

11»07

-lat,0s,'95

HIM

l,..!. (J.,

3<L6s.'930
E. U. A l(.-lsl,6s. 191W
OaaanLas, 1980
Psiisaoels Pit.— 6s.ll»30
I.
IMt.— I«t,»«. 1931
.»«. H»MO
..liT.A

.'Si,

•

Eaiii.. l'.ic

N.O.AMob ~l»l,6s,1930;

M. P. MlD.AUaupaaaol. 6a, I»iM

tlU<a

rt'H.,

HU Jo. A
Prpp

(I'll

lal.-2d. Inc.

I,U|.
Cln.A.H.-lNl.M.c.r.AI ,7a

V

lat.it..
.

Oonpons uO.

f .^.t.

I..

H.

*

M.

8. 7h.

-Int.T.iar. Aa
.

*|MI

67%
120
130

90H

.

THE CHRONICLE.

428
New York

Inanranoe Stock Lilat.
by K. 8. Bailer, 6>» Pine

tPrioes

PR

PRTrv..

OOHPAMIKH.
jf»rk'<< tfinr (>) are Par.

not NatSonal.

ABirlW

100 166 >a
100 138 iV2
26 .iSi :iB8
SS«Si«r?*DroT'»' 36 157
luu IVO
100 140
25 :05
100 ;7(0
Oli«inloftl
26 .•20
OttUeoB'
UJ
100
OllT.
73 i75'
100
12
100
Continental
100 185
Corn Kxchange*
26 lau
25 no
mflnrentb Ward*....
100 ,00
nth Avenne*
100 .200
rtnt
100 .S6 i38"
Fourth
SO 100
FkHou
60 ;».-,
60
100
76

105

100
26
100
lap. A Traders'.... 100
60
Irrtng
Leather Manufrs*.. 100
60
liauti»Tiaii100
Markel
26
IfechanJcH'
Mechsnics'A TrailB' 26
100
60
Mercnaxita'
60
Merobantrt' Exch...
100
Metropolitan
60
Ifaeaan^
100
Kew York
Keir York Conn^y . 100
M. Y. Nat. Exch ... 100
100
Hbith
70
30
North River*
Oriental*
25
Pacific*
60
100
p»rk
26
Faople's*
PheniT
20
100
100
StNlcholas*
Seventh Ward
100
BMwnd
100
Shoe* Leather
100
SUte ol New York* 100
Third
100
Tradeemen's
40
United Statee
100

1.0

OOMPANIBS.

Aek.

Bid.

Amer. Exchange
Brooklyn

17

Citizens'

20
70
100
60
100
40
100
30
50
17
100
50
60

City
Clinton

Commercial
Eagle

Empire City
Parragut

'ierman-American

Oermanla
Olobe
Greenwich

00

iVo'

140

10,1

uo

KinRS C'nty (Bkn.).
Knickerbocker

LonK

11)5

167
168

SAJB

iliS
l6tf

130

Montauk(Bklyn.)..

^.6•^h
l('3

Nassau (Bklyn.)

74 li "I'iK
•.3S
•200

118
lis

125

i;;5

iii'u

125
leo
160
164
150
lu8
120

107%

...

Pirk
Peter Cooper
People's

Phenlx

15 4
.67

V

Rntger'B

"()'"

Star
Sterling

1'2&

iW

J35

United States
Westchester
Williamsburg City.

Ask.

112
220

70
110
135
145
75
118
210
110
1)0

115
6
P5

60
108
97
140
90
155
85
155
ICO

1'5
100
150
103
144
123
lliO

65
65
110
135
125

230

160
102
153
177
188
120
12(1
1-23

35
225
260
95
103
12«
llO

3jO
145
117
230
80
114
145

160

80

15

90
65

in

102
147
95
165

95
!6i

105
175
106
160
107
150
137
103
95
70
117
140
135
245

Par.

Brooklyn 0»s-Light....>

2f
OltlienB' rjas-L.(Bklyn)
20
Bond
l.non

Oansollnatcauas

100
20

J«r«er City dt Hoboaon.
ICetropoIltsn— Bonds ... 1,000
Mutual (N. Y.)
100

Bonds
Nassau (Bklyn.)

1000

Scrip
People's (Bklyn.)

Var'p

Bonds
Bonds
Williamsburg
Bonda

1,000

26
10
Var's

60
1,000

Metropolitau (Bklyn.)..
100
Municipal— Bonds
1,000
Tnlton Municipal
100

Bobud
•oniubi

"ibo

ono

1

99
109

Trust, 6s

4s

102

13

Income

N.Mex.A So.Pac— 78
N. Y.4 N. England— 7b.. 128
6s

111

68,

a

2,000,,000 Vai s
1.200,,000 Var
250,,000
36,430,,000
756,,000: Qa ir.
700,,ono F.&.A.
3,500,,000i Qaar.
1,600 ,000 M.&N.
1.000,,000, Var's
700,,000 M. AN.
1,000,,000 Qnar.
400,,000 M. AN.
100,,000 A. « O.
1,000,,000 (iuar.
O.
1,000,,000' A.
1.000,,OflO!
750, OOOIM.&N.
3,000, OOC

A.&O

A

300.,0111' J.
2.000. OOP
i.nnn nt\t< p.
I

4

J.

*

A

M.iy

Street.]

141"

A

14
»)<

Central of Massachusetts
Preferred
Cheshire, prelerred
Chic. A Eaat'n Illinois...

35

4

to

Bid.

113
Juyl, '86 65
100
liaJu'el6.'86 78
6,' -IB

2I3 May 1,'86'lliO
1902
1114
3
I>l'julyl0,'86;i02
1

3
2

1

1902
Oct.

<fe

7th

Av.— st'k.

103

'86!l05
2ii!May 1,'8B 100
1,

l>aSep. 15,'S6xG5
Sial
ay I, '86 102
3 Oil. 1. 'SBIIOO
3 July20,'86 180
190(i
110
3
3 Uulyl,'86 79
1HH8
105
SHll
Oct. 15.'86 143
3
8
105
190U
2^1 Apr. 1, '80 108
1WP9
«
llin

4 _
821-;

Connecticut River
Conn. 4 Passumpsic

I

I

i

Ask.
115
67

Iowa Falls

1(15

79

Preferred

Sioux Cltf

Kan. C. CUn. 4 Spi-tngf d ho'
Kau.Cily Ft. S. 4 Gulf..
67
Preferred
Kan. C. Sprtngf.

4

117
104
105

Little

110
102
67
104

Preferred
Mexican Central

135
114

Northern

80
110
145 X
109
112
1

13

99=8 i02'

126
25
592V;

4

Rock

4 Mem.

587
44

Ft. Smith.

Maine Central

31

1st mort
?tl mort
B*way Surface bds.guar.
Bonds Kuar...
Brooklyn City— stock
1st mort
Bklrn. Cross town Stock
Ist mort. tonds
rtw'kAv. (Bklni— Sfk
OSQtral Crosslown— Stk.
1st mort
Oaat.Pk.N.A E.Riv.-atk
CnoFiol. nrort. bonds

1,000
1.000
1,000
1,000

10
1,000

—

CThrlKl'iih

100
1,000

100
100
1,000

4 New

N. Y.

England

70(1,OOITJ.

A

July, 1886 28
July.lHOO 114
1886 2 '20
Juiie.lBOJ 105
1914
104
1924

J,
J.

1,500,000 J.

1,000

100
1.000

DryDk.E.B.A Bat'y—Stk

.rail..

AD.

A J.
A J.
l.llOI'.OOO J. A J.
2,000,0001 Q.— F.
800.0001.1. A
200,000iA.AO
400,000 J. A J.
500,000

J.

1,500,000 J.

1906

Jan

500,000 <J.-F.
600.000 Q.— J.
250.000 M. AN

1.200.000 J.

A

1)

850.000 ll.-F.

1»4

«
7
1"!)

100.0001 A. A O. "
1,200.000 (J.— K.

4
Ogdensb. 4

Worcester...
L.

145
5126

Champlalu

4

Rutland

7',

36
10
23
33

Preferred
Snniniit Branch

luly.
FBb.,

s!

Oirslrst

Ian.,

May,
May,

2.')i).oooia.AN

ivde.id

1

r;.-.

,

Iv.

I

liut-i

'

no

'

'

'

'

109
260
112

1.10
1-26

190
107 »

220
115
280
112
270
114

Of maturity of bonds.

Cons., 7s, reg., iHll
Cons., 7s, coup., 1911 ..
Con8.,e8,g., 1.R.C.1911
Imp., 6s, g., coup.. 1 897
Gen., 6s, g., coup., 1008
Gen., 7a, coup., 1908.
Income. 7s, coup., 189fi
Conv. Adj. Scrip, '85-89
Cons. 5s, lat 8Br.,c., 1922
58, 2d 8er.,c., 1933
Debenture coup.. 8931

Cons.

1

—

7s...
Pitts. Cin. ASt.L
B.—7s,cp
Pitts. Titus.
Potts.— 7,
ShamokinV.
Erie— 1st, 78
Sunbury
Ist, 5h
Sunk. Has.

4

57 >4

33
57 3j

...~.

129
1'21'il

131

I

127
114
l'28)s

128

130
I

105

I

103>4 ioi

1C4
61i«

60
58

47"
41

42
'•'<!'

10

102), 102),

35
123

45
107 Hi

102

Via" 121
io'i" i'lo"

......

Cons. 68, gold, 1901..
Cons. 6s, gold, 1908..
Qen.,4s, .old, 1923..
Warren 4 F.-lst, Ts, '9ti
West Cester -Cons. 7s

W. Jersev- let, 68. cp.,'9f
lst,7s,"l891>

100

i'oT

ioo"
iio"'

117
124

W.JeraeyAAtl.— l3l,«s,C ioo
Westei-n Penn.— 6a,coup. 105
no
6s, P. B.. 1896

liih

6a.ro;;., 192;i

CANAL BONDS.

4 Del.— Ist, 6», 1880
Lehigh Nav.—6s,ieg.,'84 iYii"
Mort. RR., reg., 1897 .. 111
109
Cons., 78, reg., 1911
Vus"
Pennsylv.- 68, cp., 1910..
Ches.

—

Nav.— lst,68,rg

reir..

1907

6711

69 "a

A

Krie
Philatlelphla
.N'orristown
Phila. Oer.
Phila. Newtown A N.Y..
Reading
Phils.
Phila. Wllm. A Bait

A

United N. J. Companies..
West Jersey
West Jersey 4 Atlantic.

69^4

l8»8

49 S;

00
52

5-2

5'2)5

681...

)<,

9 '4

RAILROAD BONDS.
Ailegh. Val.-7 3108, 'Si
78, K. ext., 1910
Inc. 7s. end., coup.. 91
Bait.
O.K. Slile— Certs.
B,>lvid'e Del.— lst,6»,l»02
31. «K, l-'-<7

122)8

c.

4

Aug.— Ist..

5»i

Si's

64

4J
4J

52

124
124)3
103)3
105
106 <a

1114

112
ib:>4 105

75
42

30
1313
102 13
12113
122'a'123'3

110 -i
12313

RU.— Isl, gua.JAJ
Canton endorsed

4 Temi.— 5»

J.4J.

103

AJ
fuar.byW.Co.,J.«J.

1:02
jl04

1st, g.,

2d, iref., J.

A

127
120 >s
Ill

!(>T4'
>

In d fauit.

J

13

77
42-s

.

6rt, Series B
PIttsb.ACon'ells.— 7«.I AJ

Virginia
8s

<s

Vi

1U>«

1st Inc., 5s, 1931
Colnmliiadt Greeuv.— l8t^

6s, dd, guar., J. A J
VVilm. C
Aug.—68
Wll. 4 We.aon- 6«

•22

101

60

2d8
3d8

'2d,

1:3
119

Per shl

—
BONDS.

Atlanta 4 Chart.— let
Inc
Baltimore 4 Ohio— 4b....
Cen. Ohio.— 68, l8t.M.4b

W.Md.— 6s,
121
113

60
50

L'nion

CANAL STOCKS,
.

26

6s, gold. 1900, J.
6s, Series A

217

92
169

. .

2d8
No. Central— 4 )as, J
68,1900, A. A O

120

Lehigh Navigation

Atlanta 4 Chailotte
Battlmo) e 4 Ohio . 10( x IfS

2d

79
kO

North Pennsylvania
Pennsylvania

t

I

68,1905

cm. Wash. 4 Bait.— lst«.

Nortliern Central

'Ex.('ivi,lenl.

4 Pac— Ist,

Chart. Col.

61",

A

131

Consol.,6s, 1905
Union 4 Tituav.— 1st, 7s
United N. J.— Coiis.B8,'94

RAILROAD

16>ti

"S-'Hl

Schuylkill Nav., pref...

4
4
4 W.—

Western Maryland

61

6 '2

116

Yas"

113

A N.Y.— Isi
Phil. A R.— Ist. 8s, 1910..
2d, 7s, oonp. A reg. 1893
Newt.

Parkersburg Br

41

64

40

Cons., 6s, 1920
Cons..5», 1920

Phila.

Central Ohio— Cora
Pref

150

Broad Top

Preferred
LeUlgh Vallev

A

66
I

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

19'a;0O
Perklomen— l8t,6a,cp.'87 lOU
107
PhiLAErie— l»t,7s,cp.'88

l8t pref
2d pref

40

Nesquebonlng Valley...

210
110
240

iii»„

"56"

1(>5

117

no

—

—
Delaware B Hound Brook
East Pennsylvania,
l?1n.t..n A
A \Vtll.antai
W illiamsport
Elmira

Haven..

115
107

4

N. Y. C.-78, 1896.
7,1906

Pa.

'
)»

UAbTllMOKl!..
1014

A sch.

HU)»ri6
lob's 107

112),

2d, «s.

nv,

Mlnehlll

113

RAILR'D STOCKW.tPai

Preferred
Camden A Atlantic
Preferred
Catawiasa 1 at preferred
2d preferred

A

126
133

1-28

Sohuylk.

I

Buff. N.V. 4Phii.,as8.pd

Prelened
Huntiugd'u

140
136

Cons., 6s, coup., 1905...
Cons., 68, reg., 1919....

PIIII,Ani!.I.PHlA.

RAILROAD STOCKS

Little Schuylkill

112
60

lulO
106
May, '88 103
'212
Aug.,

•ii\.

-".och

125
135
116

3«
109
68

July, 1886

1,050.00 )IH. AN.

lOSlj

100
100
195
110
les
112
155
165
125

100S«

iVa"

Cons. 6s, 1909

.«0

120
23S
110

11-2

1915
Feb.. 1886 rj5
1894
113

j

• flisoolnrau

'1)3

""lOlO

1(1

1,000

'93 113

April.

I. .k
B.KtbAT.
100 1,600,0 i>,|F. A A
Ista o
I. A J
500,0
1,000
Third Av.-s ook
100 2,ll( 0, HM 14.— F.
Bonds
'2,000, ii(l(M I. A J.
T csniy.thinl St.—Btook. 1,000
60'),lll)(':a— F100

....

no

1914 105
Oct. l,'8tf 200
ttib.,1914 107
lAui..l88tf 220

—

ISl lOOr

AilB.,

1898
1886

KiOi..

)

1,000

001..

61
150

183
181
Portam. 5130lv
77
Ports. Ot. Falls 4 Con'y.

Old Colony
Portland Saco

Wisconsin Central

1-25

l)»c.. 1902 126'
AUK.,18S6|13.)

I

June,

4M*

—

,

l"! (Id. ],'86

100
Ist mort., conaol
600AC. 900,000 J. A D.
Scrip
100 l,200,l>"0 F.A A.
Rjrht-h Av.— Stock
100 1.000.000 Q.-J.
scrip
100 1,000,1100 F A A.
Or'Kd st.P'ry-Stk
100
748.000 Q.-F.
1st moo
aiH.OOO A. *0.
1,000
tii ft. Wanh.A St.N.Ave
100 2,4(H).li|ii>'
1st mort
1,000 1.2()0.0(^in M.A -i.
3d mort., income
1,00(1 1,600,000 J, 4
Honsl. W.81.& P. F'y-Rtk
100
250,0(0 Q.-.''.
Ist roon
600,0(10 J. ^ J
600
800.'iOO
Ninth Ave
Oct.
100
fl^nnnd At. Kr.nclr
100 l.wil' ,000 J. A J.
l.onn
inmort
400,000 M.AN.
OOB'toI

I ^
190
l^O lOB
.Vnr., ,nh6 165
Jan., 1888 105
Au(r.,l«S6 145
Oct. 1, '86 160
N<.v..l922 llo

Aui-.

I

33

...

Preferred

Norwich

Worcester Naah'aA

100 1,800.000! Q.— J.

r.felOthMI^Htk

Bonds

900,000, J.*

12613
'i

113

Gen.,68,cp., 1910
Cons., 68, reg., 1905....

T%x.
135

46

Nashua 4 Lowell

Inc.,6B, 1933
Oil Creek- 1st, 68, coup..
Pennsylv.- Gen., 6s, reg.

25 '4
83 H,
2d, 68.1938
70
SUbb.ALewi-fn ;s.C..'96
sjT.Gen.4 Coru.— let, 7s

1

Marq. Hongbt'n4 Onton

IthacaAAth.— Ist, gld..7>'

Conv., 7b, R. C.,1893..i
Conv. 78, cp. off. Jan. ,'85
Deferred iticones, cp
Phll.Wil.A Ball.—4«.tr.ci

100

4 No., pref.

Fltchburg
Flint 4 Pere Marquette.

I

100 2,100,000 a. -J

l««i
6

Cleve.

Preferred

r'dway

92>«
7»'5

92

4

120
105
101
1890 113
99

—

183

Lynn
BoHtou Revere B.
California Southern

Det. Lansing
Eastern,

[(jaotaUong bj H. L. Gbant, Broker, 145 Broadway.]

i-rtor St.* Pult. P.— Stl
100
1st mort
1,000

132'

Concord

Date.

Amonnt. P Hod

Cons. 58, 1895
"v

219

—

— Ist, 7s, g.,

a. AB.T

94)4

194
131

i"6'

1910
perpetual
flarrisb'g-lst,6s,1883..
68,

40

1

103
123 r.
130

188t-

El. AWm8p'tr-r8t,6s,

91

48 19

STOCKS
Atchison A Topeka
Boston 4 Albany
Boston A Lowell
Boston 4 Maine
Boston A Providence
Ho'tcm Con. A M.. pref..

coni,.

.M.— 1st, Cs. 1914

Ka3ton4Amb'y— 5s, 1920

Incomes
1„,Wb
Pueblo 4 Ark. Val.— 7s.. 5125
108 109
Rutland- Ist 6b
95
68
102^ 102 'e
Ronora— 7s
2d serios

AC.

Bast Penn.-lBt,78,

1021.

4 Canton
Preferred
Col. Spiingf. 4 Cin

Wall

Co., Brokers, 48

Oft

111)4

Og.lensb.A L.Ch.— 68
Consolidated 68

Wisco>'8in Cent.— 1st ser.

New 7s. reg. A

Jonnecfg »s,cp., luoo-i).,
DeL 4 Bound Br.— l8t.7^

I,eh.V.— lat,8s,C.A B.,'9S
2d, 78, rBg.,1910
Cons. 6s, C.A R.,19'23..
M. O. Pac.-lst,6s, 1920.
13V Vo. Ponn.- 2d, '7s, cp. '96
Gen., 78, 19()3
71
Debenture fp, ren
125
Norfolk A West.— (Jen., 6f128)8
N. R. Div., lat, ds.l932
118
N. Y.Phil. A Nor.-lst, 6e

46

45
49

Scrip

4

and Bonds.

Hi

A

Mexican Central—48

118

2d, 68, 1904
Cons., 6 p. c
Co).

1127

4 Atl.— lst,7B,g.,'9;-

Catawlssa— Ist, 7s, con. c

ioi'

Clevel.and

i^tocka

>.

K. c Tort Scott
O.— 7s 112i<'
K. City LawT. A So.— 6s..
K. Cltjsa.jo. AC. B.— 78 127
K. City Hp'd A Mem.- fls 110
101
K.C. CImt. 4 Spiiurf.— 5i
!il6' 118
Little R. A Ft. ».— 7s
107
Bs,
S
Out
Mar. H. 4
1908,
1'8
9d
1925. 6s,

Cinn. Sandusky
'.'.".I

46

lOd
l('8)a

Mort., 68, lS89

Cam.

(•8

56
Incomes
Kaai'ru, Mass.- 68, new.. 127
Piom.Klk }T &M0.V.-6S.. 122

A Ambov—6s, c.,'8i

Cam.
95

117
46

Land giant, 7a
California 80.— 08
Cons. Veimoiit, 5s
Chic. Burl. A No.— 5s
Chic. K. C. A We8t'n-6s

2d 8,

1911.".

Con.,0a,1913
N.V. A PhU.-l8t,6^
2d, 78, 1908
Cons. OS, 1921
iBt.Tr. 8s, 1922
Bnir.PUtH.A W.-Oen.,6i
Buff.

North'n
Chle. Burl.
West Michigan..
Chic.

io.iig

2U0

Ist, 68,

123>s 124

Bur.&Mo.toNeb.-Ex't,Os 123
110
Bs noii.exompt

Scrip
nebentnre, 10s

(95

124

7s.

IM

lis"

B«U'8 aap-lBt,7B, 1893

4M

Mortgage,

Ask

Bid.

SECURITIES.

Ask.

Ouaraiiteed, 7s.
r...
Plain, 58
Mfirt^age, 6s..

220
95
1'20

Bid.

BOSTON.
A Topeka— 1st, 7a.

Atoh.

78

125

Quo. H. Fbbhtus

.

...

Paciflo

.31>s i:4

230

National
N. Y. Equitable
N. Y. Fire

Niagara
NMrih River

'.'00

COMPANIES.

Biftn/lfl

Isl'd (B'klyn)

Manufac. A Build..
Mech. & Traders' ..
Mechanics' (Bklyn)

ieo

2i;o

26

i67

IBS

1116

es
145
170
175
116
115
117
30
21S
260
85
OR
120
HO

100
15
80
100
40
80
20
30
50
100
25
50
60
50
50
60
37 -a
35
100
50
25
25
100
20
60
60
25
50
100
100
26
25
10
60

1(6

Gaa and City Kallroad

tOu QaotaUons by

.

<').

Bid.

60
100
25
26

...

Bowery

SECURITIES.

st.j

Land grant,

Par.

Hanover

4i'

XUII.

Qaotatlons In Boston, Flilladelplila and Ualttmore.

Loeal Secarltles.

Stock LUt.

Bank

[Vol.

Last pitco thii week.

OCTOBKB

THE CHRONICLE.

1880,

a.

RAILROAD EARNINGS.
latest rsilroai

.tat. 1 1»

Soxos.

WttkarMo

IMSli.

liM».

•

8

WeekorJto,
PitH.Cin.,t8t.L. ruly

BuOORt
Halt. A Potocnv

Bor

iuljr

Bt,Jo.AOd.

18.710
113.931

It'i wkSi'i.l
3(1
Scj.

lal

Bu"
^

in
l*JJTl

* ".I. \

1>

Cairo V. A Chio Uli »k8»pt

CaLBoaUieni..

tOmmUoM

'2<l

«k

I28.70O
2»8,OOU

'•t |i

_BUJLaz.ABJt.

Aiiif.ut
.\lUUilt

AS. W
>* AlU.ii

.O.

*

AtUtit:i

OMsiBarL*

li

wk^eiit

It'i

«k>'rii:

'

74.3IX>

1.9.l>t..1S0

40,029
69.016
lV,3bO

877.M26I
!»<M.73.'>
l,9ia.9U7 2,001.392

I8.80-J

Sei>t

Atl

OMaMsaPaMHr 4ik wkKept
Cp.rr*Tad.Tal An^>t ...
OMttal Iowa. 1> h w <
mniB * Uhto. Aoicu^t
Chle.

102.8.11

276.00)1

17.112

i3(».fl<n

3-

410.866
81.038
147.390
178.308
M.Sflo

3S>:'

BbennO'laiili Vii

|

SjuiD t ^rullna

JAugilal.

I't

'

M.
N. \
Fox.

•ll-.'.K:i,')

3.'Ji)7.:;7'j
12 '.'I'd

i

.

* N.

.

if..

..'July

.;ll.

;j..ly.

I

,J"iy.
iHlV.

I>lv.

.So.

I>

V

M wk

Ala. Ot. aouth.
W. on. * ir. B.
VlekM>. A Mar
nek*. Bh. A P.

16.61

97.970
33.a»4
8.834
7.079
8.440

8ei>i

3d wk Mpl
Jd wk •rpl

w« itapi
A MotLAacnH

f»rL

3'l

.

tta.WMa.ABaIt'4ib wk->pt
CtoT.Ak»IBAC<>:

Oar.

80.309
14.194
35.339
348.131
9.747
332.XII

I.I

:

A OboIoii

ClavXMXXA Id'I
OoLACIa. Mld.;iUiwkSupl
j

IIoea.V.«T.Mrp aiabcr.
Oaatxvr A Nnr A.iK^st ...
Osi.

'

I>jft'n.«[

:

IMDT. A
Dmit. A t.
Dos. Mo. A

Kt-Li.

.:

I

Bm. A

Or.

I

Wk

eaUOM.AB.PB.

793.43H

400.3H

725,671
440,436

330.022

2>*«.386

291,537]

211.026

l.li'V.TMi

S9S.«i?2

1,2»4.815
372,<W1

2

1

15o,!>.(.%

170.612 4,740,.(2.'> 4.tl5.,120
01.313
656,707
616,451
9.780
2.V4.683
831.S06
45.843
8e3.703
885.033
88.378 •^20.787 2.773.954
583.782
.i3>*,..73
17,«4»
98.330 tA97,622 l,llU,iUl
••,877
883 At6
342,050
fftjOTO

injM

323.»»

>tliwk!4 p

Tlatal all

1

Uan
Iai.atoom.AW
lad. Dm. a B|>r

i

1

«k-

h77.!M1»

oi,

L.Bk.A>l
Loa«litu

Ln
Lo'i

Mai
M^r
•M•Mh

LO-JI^'.-JO

Ml.

110,'<16
9m.7.'>l
401.7.12
972,4116

SlwaakMA.N
iaaa'av.Aa(.i
lUt..

.V

•J'Jl

•.

.

I'^Tl

20 1.9.12

2i^'f':i

149.0721 1,112..->11
IHJ III

'".

;i!3,851|
I

-..-|i(»Mlih.

.

AW

A

.

B.Y.ANkwKu.
»».Y.Oot.A W

IsfMllAWMt
lOiat'l.

Omo

..

•oatt>..rn
OfwiPm I"
On*. R. .<
Orr*. 81 ti 1

%a^«t
ttb
(lb

..

I

w >erpt|
wkMpi

< T't^iuber.,

83,128|
5i,l01

553,8001
I'M 111

De

A Krl*
C. A Ino

OJ.

17

..»ti, 7,i'2,io.<
i.21« 2,723.311
321.1tl«
., ,M.9tl
1,511,127' l,5-*l»,00-i

336,
577, .160| 3,707.075

1111.

!17

3,314,401
952, M8
-8,«tll,001
ft12,l«0

2.022.M47

.

MaabMlaa Oo.
MarebaaU'

AlU^'IKt..

7.-,<i,l8,l»W,i,,i-.-)il8.-292,8 16

.\nsu«t..

!l.501,421l 1.417, HH-i] 9,220,6001 9,lie,010

M^ixlrairanaaer. f tasladlOK West Bbors In 1886. ; AndbrancbM.
• In tb« Jiilr and AOffaM llxurti, for purptxes of couiparlaua. 8'.
tbo MobUa A Oblo, la Indudod In botb

•

•

laat rear bava been B4|iuted ao aa to make
M.n Ibe same aa thl» yitar.
laelitdiaii tannaga ut New York Paooaflraola A Obl.j.

PVCWM of n> mine* for

b*>*< nr
e ?r<jt

e.1

>i

Mtii

75S,«69
1,7H 1.517
911,3'20

405,698

402,831

91,213
571,800
38.032
33,118
7i,H27
42.013

465.000' 3.956,251
35.328 1,126.229
24,687
61.7881
867,112

3,508,598

217,918

312.6391

74.160
735,69l>

j

30JV12I

041.411

26.4' »' 1.027

892.989

820 1.016.36k

Baaka.—The following statement shows
9.

New York

Banka of

tlia

City for Uts

tRM:

iMal

Tmitt.
1.640.000

402.000

t>,14S..H)0

1,77.1.000

w

au.ooo

l>&3,Hilfl

.eaii.oou
l,»42.tlOV

2.7ai.OUO

51(7.00(1

t>,«4{,100
'4.474.10b

i,ii2.Hac>

3I5.HN)

3.0>ft

'.fiH

l.JlA.nOO

71.O.70I"

P.t.llNI

t.87H

la.ig.tS'Ni 10.07H.0<X>
3,166.7*0
tHJ.tlUO

3l7,tlMI

23.495

'JJ<
-2(8.

9JU.I1,H.I<

•i,4f2(lO'

I'stf'ooi

10,«7.1.Ui)(

3.tl'4.1(l<'

lUIS.UOO
1 :46,tUU

3,3;;'i.3()0
l.:44 ItMl

TOO sue

H.'.'iOO

3

',<S9.9IU

S.OvO.VlO
19,7il.0OO

627.81(0

61.300
132, '00

3.240.000

8411.000

3.6o.t.HU0
t3..M8.0(KI

8J0

V,iU1.4il0

1,122.100

1..«««. 4.8/

tl.(ltf-.<I.MI

1.(144, 1.KI

Batob«r«'A l>r,.T
Maohaaics' A Tr.

l,^i.'.:UO
1.^4;.II0V

40l,7UO

l.UKIi.tlOU

V

.•.eio.iot
7,>os.oo<

1S7.800
310,000
8>,H00
SO7.0UO
127.H00

aallatin Nation^..

o( N.

B..1WJ OO"
9.09.1,0011

ll.2d5.4lXI

1

Wud.

tioa.

MiH.sno
373.000
386.HJ0
74.000
2*H,000
151.800

6.772.4

Pbsalz
aiir...~
rradaamaa'a
Palton
ObMBiaal

Omil..

Mmothtr
U.B.
•

in.7iii.ooo

Maebaalea'

S,7U.4.M.

ei3.iof
304.308

1,847.^0(1
l,703.<HH.

1,13

..S'h

eicSoS

8«'i 90(
l.I08.9(l<

44,700

K7'i,-i N)

14S,4IIO

4,1(19 1(10

BM.eoo
4*.aM

tl-M<>,HOO

1,123. too

ts,oci

...«.

671.700
l.'itf.ftUO

3»4,v«a
581,200

14S600

Soctb Aaanea...

6,7i8.»()0
4.;I»0,SU0
l,86S,iion
S,l4i*.n«o

S49.HOO
18^,000
235.100
941.V00

6 7;».liO

t.lW2..H0ll

HaaoTer

O.U8,700

t.iC^S.OiM

403 600

l(<,-i<l!l

PaoBlaa'

„

A.1I6.70U

i«»rk«t'."Tr.'.";i

l'2O,70O

l»3.7n«l
24.<,.^0U
15l,i>0<i

^.uI^U

3H.100
206.000

3 3-3(HMI

l!.e.000
1187.600

6.418.100

S.17A.U0U

Ml.UOO
8.13.000
76t.tlaO

..•^^..•..

2.II7A (VK)
|l).ftiM,700

4.4.H>.tfOO

18 Hi.TOll
l.»Oo.00«

«,844.'iU0
1 ,3,000

Park.......

Nana Rlvar

17o,ioo

HHK.tOO

24«,5J0
807.100

lafiMiiB JPlrad.

l,Olr-,'iaO

171.010
I
1

343.000
2dl.l00
IJS,800
'148.000

Baat RlTar
Ponrtb National..

l,l"l.»0<'

13J.H0O

98 300

ta.ftiHOdo

3.53MU0

Oaatral National..

8,4I5,IMI0

1.447.000
7 1 5,000
l,172,SaO
4,158.900
l.OIW.SUO

790.700
511,000

SaeonJ .National..
Nlntb Naiional...

*.ai-6ouo
4 e 17,300

Natloaal
National ...
tt. Y. Nat. Kzob..
Bowi,ry

l7,7itl.2UO

PI rat
riiird

Y.Couutr

N.

«,0.i9.i<00

l3.31.<.«i<0
3. 107. (MM

944

7(H.

I7,'«8.9i8i
8,7'22 0<N'

8,721.000

Sei.lKM

»,0'27.80(
18,ltf3 UiMl
6.13H.1, u

2Utf.8.IU

114,400

I.lHtf.KlK

1411.800

4-;3,700

3.248.SH

309.800

•J.57o.lJ Kl

•2.88 •.'...I
3.I9'1.:!H)

axe.woo

a4X,500
731,100
7:e,»i."j

•ierman Kxcb'ngs.

2.ir'.

(i«nnaiila
United HIataa.....

li,ai»j.uou

UnoolD

2.«4t.ftilO

inerlc'n.l

9!.64.>,.'(M)

4'.<».1<J0

:i.4.n.j()o

.\

Plflb Arvn.ie

33 600

J.I «,J.3'HI

.<.2.t7..'i)o

<l..rman-

Cbaaa National...

S.I

3,'C20.100

1(74.000

560,8(10
270.'3OO

|

8ll,H00
7.<,500

440,700

llilC

l.OI.MlllO

3..U4.4'I0

l.stlt.ioo
'

3 3.4I.3<M>
3.097 8m

45 '1,800

l,747.'JOO

nvlnMs

4,803,0011

9d 500

3 tf'^i.lKM
S.II5 1.900
4.a.M.4U0

Nioholaa

6 931 7lO

1,&4».H||0

Shoe A Lratbar..
Oarn KscnaBaa ...
geatlaaXwl,

.41.

III.OOO

3 d.'«.7oll

8,r.'9,00<l
3,;

nio
3,351,500

4S:M!i

4.'2<)4

Dameld

I.HH.HK"

270.000
ld'.700
071.800
403.400
6 1.4110

Plltb .tatlnnal....
H'k of tbR Metrop..

l.J.ia..i*:

2H..4)l)

l'Jll,-i<>0

1,434,100

a. <tii..i'.n

Ti/.i •:ih>

204 6)0

'.,5HI,7.M>

4<'4 t.OO

SKii.ino

I. H7 1,000
l,7SI.UU0

3.17.500

9280'!

4.0I'1,A<H)
3,|>V1,5 K.
I.»>i8.7.«l

't4'mi

102.000

90,OilO

1.901,000

18»,0i0

8tff,19».70o74.0»».0.W» 18 670.10(1 346 76(1.3.81

8.164,440

Hiiie

•'Vital ....

>o()

i.u.&.noo

H«a>H«r.l
SlzU National....

I'be tollowinic

SvMW.

•

Pet.

»

1MI.8O0

46.008
44,600

;t,38J,(>00
l,6H4,lllrt

«6,0M

134>M

Dtimiu.

•

•

ttQ-

Oimr'm

8,107,400 R90.38«,037
8,138,700 6 •1.73J,088
H.ltit.tOO|744.53>,ia7

8»«cic.

•

8

I4I,.',79,100
I4l.3'i4.n<KI

I

30,0.48.000 346,77^2..inn

— KodnwinKare the totaU of the F^miod bank»

i.oaiu.

l4l,3m,R00!
-id

21.SIKI
3' U.dOII

L.Ttn4ert.\

7«.8«'i,'.Oi) lt>,31

BiMtoa rtankw.

•'

«8;,H00

3,Hm.,40l>
3.91«.I1M)
4.0 -"3 2 JO

1,000 !H7,"1»^.7()0

16 837,48.1.700

«

i'',(ia<i

84<),IB6,7OOl74,0.i3,e0O 18,670, 100 13 l«,7i1, JOO

Be ,18 887.307,600 74,093,300
Oct,

)<

3

are totals for several wweas \nun.

188S.

IxaU A Cairo, uow 0|«ratad bj
f oacp.

702,62
l,S8t.21
909.tl99

•

.Maw York

Woti

4fl7.187|

301.6<>6'
QuilMr.l

i:i.'_'

7»,13J
903,027

PMrtaOMbAe

ralla.ABMillB«

I.37.>.i"il
17,l>r.(.J72
3'JI.Hl J
!).ij3U.B«2
:i.lll,l'<»
:•

PMiaaflvaala
Palla.

l.I'.ii..-J

2,137,130
AH<(U^t ...
ttb w«8ept

53'i;'78S

Aotram Awaaat «/—

(mas

2,H.'>0,1'»0

OMaAMlai

103,9571
50,8171

t .«aa» ana
POioaaH.

Clllaaaa'.

)>0I,.I1!)
M7 >,r.74

Uf-

A S

Cltjr

3'J,'J17

.-.01.417
:o.i iii.tt>.'«
l.Iltl •2<17
771,2<ltf
1,5.".2.015

W. Y. P..

123,681
212,H26

12«,9«2

wkHaiii

week ending October

1 -(.-..3<iil

:ii)ii,<ii2

y.

eX Y.UEri.

170.O.12
2'>5.210

ooodition of the Aaaooiatad

:i2l.3-<»
2,

24.541
147,935

5K383

'

New York

PaaMa
RapabUa
Cbatbam

maaJkBoW...
Mlas. A T

330,373
2,093,413,

78,.«1

UrtfcUciitHi.

Braadwar

w».i. ItbwHBepi'

Y. Cltr

M

MarsaBttk.

Ufik.Ar'

.

iiik'iat....

''.A. It*

AaMTla's Bxeb's*.
Oaaiaarea

Kaa.r.(l.Aai.

IX.Y.C'.All.K

And

;

llaU

SaB.C.8a.AM

Waah.rh

J»r»«<y..

wlM^nalrt

'Mranlb

CaPkAAOu:
LeklgliAlIn.!

24.000;
83.4311

U

IWaat

liraenwiob
Laatber tCaqaTn'.

U « k - ei>i

()i

00

26,

Tol.Sl.I. AK.C July
23.147
'Uluu f«-,ll!c.
A .<.i-t..
2,587,731 2,320.6 .•lie..157,' 12 15,774,488
Wab. eu
A P ItllwkSrlit 3.<g,538! 3.18.171 9..T21.41H 8.510,839

Mwabaata' Kxao

4thwii8ept

««»bllr

1,611,823

317,267
250.419,2,223,3 15

9,093,
42,5ri0l

12.1,17

8rptsuil»'r

1M.I«waUaol

<'"t. X Kt. lA
Ill w I Sept
roLA.A.AN.M.lAUKtwt
ToL AOtilo C-nL 'Sepu-mber.

1.707.2i;8
1-13,7S2

lB.PaU*A8.C. Ithwkaepl

Loai».A

231.163' 1,169.815

3,280
5«,802
271.113

l,'.i:i().SM)2

Hoaa.ATez.Oiat JdwkBri
nLOkBi.tm.agp> 4lAvkari.
t>hw«aeiH

Lakae A

23«..17fi

11«(I.:mi.^

th.

12l,47l>

MMW

HeptS.'i

1, 820.042

l.VMl

88.321
87.799
14.900
98.580
41.000

Oil.. All<.l*t ...

•taadTrnafe...

1,7.V.',817

17.»4t

9.AU

Wmap.

m

i.yui.jjo
1,955.20 i

aa.ir.i.-.

.-•wi ...

itiiwkBrpi

.'«••.

14,377
93.776
18.808
9,405
8.199
9,815
6,«7«
49.50t

1,701.»24

wkSepi

S.TBaa.VaA<.». j<l wk Srpi
|tmmt. a t. u. It4iwk8.pt
m>«). 41b wkarpi
Vt.W.AOrn Ci^ eepie ubrr.
Osgniia racMc. t W«ll !^pl

B16.143

331.9 '6
34.334

lW.7ir3
1U3,426

vrkJ9ep:

I

l>M.Laa*'icA

435,812
667,822

.1.1,114

nbcr.
i7.lui.tjj2
4,060,.128

121,108'
4i>*,ni

I

Till.

iilwr.

On.

69,820
73,693

647.700 4.703,«73 4675.6aa
2,035.582 I. H74,345l 12,771,090 11,888,415
2,717,197 2,52'2,045 17,475,563 10,501,102

r, .'Sri.. July

«-

'

4.11.161

345.246
772,304
871,^26
21.61151
5'-'7.0SG
537,020
132.407' 3.381.733 3,066,176
53,100 1,019,382
917.139
717,r57h: 4,95.VIH4^ 4,060,808

13,41 •
97,4:11
681.61.1

Jill.
>jri.|J ily

,v .>i,-\

.

TV>t.At.8viileiu J.ily
T..-.

800,*>
S33.10O
S8.3MI
79.020

8
2,213.150
2,823,815
1,141,190
561,115

672,320

<^

* Nnrthw

53.1.392

110.161
391,2 9
837,618
866.561

17, 18rti

July...
July...

0Us.lfU.*8t.l'
0kA.P.MIu..t[O t'hwkSept
OMa * W. MIoh. 410 wiDtopt
aa.Iad.8t.UAC ttb wkSrpi
Cla. J. * Maek. Angiwt.
Ola. ». O. * T.r. 3d wk Hept

80,1.50'

63,400,
82.9111
27,1111

76,o2."i

ais.*Ban.ii
OMS.

^23.:i:i7

1883.

298,117, 2.178.319
373.0S3I •.'.8«6.2'.'l
167.3011 1,128,933

\>i» st

•

L.'

;i7i) (cji
186,7 .'I l.l>J,-,,(ls.>
178,«07| 9,743,470! 5,78U,i50
36.4S3'

1^4

Osl.nar.AS. \ Ijiily...
' 'Joiv.
G."'

46'.».a.<i»

4 40. 05 S
7,013.8 !3

3L21U

2:t.:i7o
II

I't

ItliwkS

Latest Date.

I

4.1.8661

27.,'-.it;

to

1886.

Si..P»C.O>nip*jr'

1,758.009

4US.lt'J|

vio.oii

*

2li,:!23

*t.P.MIn..VMan. Si-i.tciulici.
Sc'O'O VallpJ- ... AniT'iKt

0,5S6,429l 9,6^2.n.-.l
161.2 9
175. -..'l
856.566;
StiJ,-.;oO

8

.16 (ill

8t,L.AlU>i'Ar.U
wk
Branchefi
^Ih wk^*,

423.10

•

Bui:

36.014

1885.

396.52.'?
36B,:'ta7

8C.PaalAI>ulutt. liii\vk~<|,i

1,311.951 1,243.009

...

Jan. 1

Itrporletl.

1886.

16'<,240
5 .56
40.72i>

OoI.AUr.bir
Waat.Xo.CUi\

1885.

I

<e|iteiiib<-r.

80. Car. I'tv

Zm—t nale.

1886.

I

Kiubu'd ADaiiv.
Va.Mldl'dDlv

at.L.A^ttu.t'niii.

Ateh.T.*8.r.. AOKiut

Enmingt

Latetl

BOADS.

eamiaga and the t3taU from J in. 1 to
The staement includes the ktoss
latest date are given below.
earniogs of all raitroadd from which returns o<tn be obtained.
The coTumn'4 under the beading '-Jdnu iry I to latest dace" furnish the gross earnings from Jinutry 1 to, anl including,
the period mentioned in the second column.

The

419

jL, Ttndtr*.

Dtp-fUt.'

8

9,'!l''.40O
|),13n,ti00

a,nH8,70O
H.nSH.OOO

fl0.i4.',4M|l

.3.18''.A>IO

4«t,ClMr'fi

s

•

9i,«47,POO I1,7(m,10(. 7!l.3 .8,823
9M.998.70O lB.8<M,',0fl' ..7.TIS,k9l
10'»,«B.VWn0

16,MSAWI

•lI'H.Tliy

THE CHRONICLE.

430

%,nvtstratnt
it von, A

Ititellifljetxce.

The Investors' Supplement contains a complete exhibit of
Funded Debt of States and Cities and of the Stocks and
Bonds of Railroads and oiher Companies. It is published
on the last Saturday of every other month—viz., February,
AprU, June, August, October and December, and is furfUshed without extra charge to all regular subscribers of the
Chronicle. Extra copies are sold to subscribers of the
Chbonicle at 50 centi each, and to others at $1 per copy.

if

Miles operated

ANNUAL REPORTS.

343
918 927

Passci.Kor mileage ..
Ka c p. pass p. mile.

name, nine milJion

dollars of bonds, all bearing seven per
cent, except $1,180,000, which were six per cent. They were
secured by seven different mortgages, none of which covered
This made
all of the lines, and «ere due at different times.
themi an undesirable bond for investors to hold. In addition
to these nine millions there were liabilities of branch lines, for
which this company was virtually an indorser, outstanding
for about $300,000.
new mortgage covering all the lines
and property of the company was prepared, securing ten
million dollars of bonds at four per cent, due in fifty years,
interest and principle payable in gold. As this is a long bond,
payaUe in gold, and of unquestioned security, it is a desirable
investment for estates ana trusts. Provision was made that
one million could be sold and the proceeds used by the company for new equipment, payment of the $300,000 heretofore
referred to, and lor payment of the old bonds as the directors
might detftmine, and that the remaining nine millions thould
only be sold or exchangtd upon the payment and surrender of
an equal amount of the old bonds. One million of tiitse were
sold in June last at par, to be delivered in August, and the
operation of exchanging the old bonds for the new fours is
now being carried on.
"The outstanding bonds, as previously stated, are due at
different times. It is believed, however, that they can all be
exchanged for the new bonds at a fair premium. When this
is accomplished, the interest charge s of the company will be
but $400,000 per year, a saving of $224,000, or 3 per cent on
the present stock. The sale of the first million has furnished
means wherewith to pay a large amount of premiums, but if
the exchange is pressed at once a further sum will be required,
for providing which the directors will at fome future time
lay before you a plan. The directors congratulate you upon
the improvement in your financial condition during the last
year, and upon the face that your credit is so hinh as to enable
you to sell a four per cent bond; this satisfactory position
being attained, as they believe, from the factthat the company
in the past three years baa devoted the net earnings to tlie
enlargement and improvement of the property instead of
dividing them, thus creating a basis for credit and to the
location of its lines, which insure it a fair business even in
dull times.
"A contract has just been concluded with the Illinois Central
Bailroad for an entrance into Chicago and tern)innls there for
lUO years. By ihis contract the company obtairis the rij^ht to
manage its own affairs in Chicago, naming its own rate-s and
conducting its own business, and paying therefor a percentage
jof the gross income of the business to and from Chicago over

A

;

1883-84.

1882-83.

Operatmnx—
Pa-'seiiRers carried..

Cincinnati Indianapolis St. Lonis & Cliicago Railway
(For the year ending June 30, 1886.)
In Ilia annual report, Mr. M. E IngaUs, the President of this
company, ftates that the net earnings for the late fiscal year
were $986,872. After paying fixed charges, the balance for
Btockholders was $352,540, or a trifle over five per cent.
Dividends were resumed in December, 1885, at the rate of one
per cent quarterly, so that three per cent was paid during the
fiscal year, leaving a balance to profit and loss of $142,540.
The report says: "This result is very satisfactory when the
general condition of business and of railroad earnings during
the said period is considered. For the first five months of the
year extreme low rates on sea-board business prevailed.
During the entire year competition was sharp and severe,
owing to light traific on account of short crops. Our chief
loss was in the failure of the wheat crop along our lines.
This not only reduced "our freight earnings, but was seriously
felt in the decrease of passenger travel and the shipments of
miscellaneous merchandise, as people depend largely on the
wheat crop for their surplus money with which to travel or
buy goods. Fortunately we had a good corn crop. By a conservative course we have been able to hold, and in some classes
of, traflBc IncrfaSe our rates over previous years. The policy of
improving and enlarging the plant has been continued. Sixtyseven pound steel rail has been laid in the main track, and the
66 pound steel taken up and used for side tracks and on the
branches. Iron bridges have been built to take the place of
wooden ones; heavy masonry where the old was giving way
or was too light; ballast has been distributed in needed places;
new equipment has been bought to replace old and worn out."
* * * "The directors, taking advantage of the present low
price of iron and labor, have closed contracts for the renewal
of the remaining wooden bridges on the main line with iron
»
»
*
duiing the coming year."
" During the year, the directors thought it a good time to
commence refunding the debt of the company in a long- time
bond bearing a low rate of interest. Upon the lines owned
and controlled by the company there were of every kind and

-

the contract being especially favorable from the fact
business is dull the payments will be light, and if good
company can afford to meet them, and, further, the
Illinois Central Railroad has very large and very convenient
grounds in Chicago, and within a few months will have a
double track the entire distance to Kankakee, and is already
using six tracks for quite a distance out of Chicago, thus
giving every facility for the conduct of your business.
The comparative statistics of operations and income, and the
balance sheet, for four years have been compiled for the
Chronicle as follows
Ol'EKATIONS AND FISCAL RESULTS.

that
the

the

T

XIHI.

its line,

AttD

J!^ IX

[Vol.

2-38

cts.

:i-3'2

MaU,

9

exp., rents, Ac.

Tot. gross eamg's..
Oper. ex. and taxes ..

Neteamings
cop. exp. to earn

P.

.

1585-86.

343

343

961,888
85,744,758

35,997,821 35,*-O8,50O

2-22

cts.

Freislii (ton-) moved
l,237,tU7
1,221.7(5
Freislit (tons) mil ge. 129,853,902 13l?,9;Ui,623
1-09 cts.
Av. late p. ton p. m.
1-21 cts.

Bainii.gt—
Passenger
Freight

1884-85.

343
915,721

cis.

1,44'2,<!63

894.796
35.812,992
2-29 eta.
1,454,881

174,608,590 172,»41,(>37
0'89 cts.
0-8.) cts.

9

832,092

833,066

$
795 553

729,534

I,5.'i8,569

1,439,.548

1,54.'»,129

1,MO,902

226,796

$

225,975

2£.7,177

256,498

2,617,457
I,643,b05

2,498,589
1,595,399

2,595,859
1,66>,181

2,F.2e,^34

973,652

903,190

.B62-80

63-85

935,678
63-95

986,872
60'94

1,540,062

INCOME ACCOUNT.
903,190

1^84-85
$
935,678

1S85-86.

973,652
621,159
315,000

626,233

624,482

624.234
210,000

5,254

29,045

1883-84.

1882-83.

9

Receipts—
Net earnings

rHgburtements—
Interest on bonds
Dividends
Rate of dividends
MisceUaneous

....

f

$
986,872

(4i« p. o.)

(3 p. c

2,342

)

18,844

631,487
653,527
853,078
271,703
282,151
133,794
GENEEAL BALANCE AT CLOSE OF EACH FISCAL YEAB.
938,.501

Tot. dlsbursem'ts...
Balance, surplus

35,151

1882-83.

RE. and equipment
Sundrv securities
Materials, &c

..

Sundry accounts

Casbouhand
Total
LiaUlities—
Stock
Funded debt
Bilispayable
Acci.imts payable • ...
Unpaid in erest,&c..
Simdry accounts

Piotliandloss

'

$

13,870,456 13,898,461
745.415 1,321,215
140,725
92,195
79-3,767
5^1,491
34,154
30,910

13,235,634
1,847,356
44,768
614,428

15,580,303 15,927,516

15,754,013
*
7,00^,000
7,445,500

$

$

7,000,000
7,633,287

7,000,000
7,454,500
469,218
210,H17
57,505
110,13^
62 >,348

312,.59l

19-,379
62,130
19,971
353,645

15,580,303 15,927,516

Total

1884-85.
$

1883-84.

$

Assets—

188n-86'

$
13,272,936
1,885.006
97,787

712,054
38.-298

ll,>--27

132,829

16,'

06,081

$
7,00,000
7,430,000
2-24

755

5-<,2d8

66,115

93,258
1,024,139

127,-278

1,157,933

15,754,013

16,006,081

Includes June pay-rolls and supplies.

Chicago & Eastern Illinois.
(For the year ending June 30, 1886.)
At the annual meeting held in Chicago the following directors, whose terms expired, were re-elected to serve until October, 1889: Messrs. H. H. Stevens, George B. Hall, Boston; J. E.
Knapp New York City. The other members of the board are
Messrs. Charles T. Baker, Boston E. F. Leonard, Sprinfleld,
111.; Joseph G. English, Dinville, 111.; Stephen M. Crosby,
Boston John U. Brookn-an, New York City, and Percival W.
The directors re-elected the following
Clement, Rutland, Vt
Gc-orge A.
officers Horace H. Stevens, President, Boston
Ball, Vice-President, Boston H. Rubidge, Secretary, Chicago
J. C. Calhoun, Treasurer, Chicago.
The annual report is mainly statistical, and the remarks
merely state that the equipment has been increased during
the year by four locomotives, six passenger coiches, two mail
and express cars, 200 coal cars, 100 box cars, fifty stock cars
and fifty flat cars. The road bed and track have been maintained in ficst-clas3 condition; five and two-tenths miles of
track have been relaid with steel rails, 66.134 new cross ties
have been put in, and twenty -six and a half miles have been
;

;

;

:

;

re-ballasted.

The

statistics for f 'ur

as follows

years compiled for the Chbonicle are

:

EAENINGS AND EXPENSES.
1882-83.

Earnings from—
Freight "
Passe. .gers,
Mail, e-xpress,

&c

Totalearnlngs
Expenses and taxes

Neteamings
P.

c.

of op. exp. toeani'gs.

Riceiptii

9
1,394,580
281,847

—

Netearnings
Oilier income
Total net income
DL\b nr semen ts—

1883-84.

1884-85.

1385-86.

9

9

9

1,16^,553

1,213,148

1, "02,138

284,«i68

28-.!,-^66

315,-282

fl2.705

110,099

104,6-29

107,144

1,759,132
988,942

1,560,320
897,361

1,600,143

1,724,564
1,011,557

662,959
770.190
57-51
56-22
INCOME ACCOUNT.
1882-83.

$
770.190
770,190

1883-84.

$
662,959
662,939

955,515
644,.598

713,007

59-71

58-85

1884-85.

1885-86

$

*

644,598

713,007
98,824

644,598

811 83X
211,512

Rentalapaid
Interest on debt
Dividends (2 Hi per cent)..
MisceUaneous

199,668
263,774

188.750
263,781

212,427
301,410

13,862

21,287

27,780

75,000
4,596

Total disbursements..

477,;04
292,886

473,818
189,141

541,617
102,981

627,797
184,034

Balance surplus or def....

33'. 690

I

Octobkr

CHKONICLE.

IITHE

lifiA

9,

OKXK&U. aU-AKOS AT CUMB OF BACH nSCAL TKAB.
I8?2-83.

A—tiM—

RB.,bTd'a, rqnlp., Ac... 7,017. 1 6a
140.180
Aoe's A MMh lecalrable. .
Mmirtiali. Aiel,

1881-85.

1886-86.

•

»

9

8.723 12 2
109.680

Ouhon bani
A E. IIL RR. exc...
tnd. St. U RR.
Bran. T. O. A a RR. Co..

142,106

1,SS9,468
26,426

479,40^
27,204

'235,956
28,-81

13.998
64,060

40,781

67,903

8,739,309 10,874.276

9,766,972

9,926,354

73,479
333.405

8tm«n A

88.6117
I2,tt08

MlnaUuieoaa ttcma

91,000

ToUl.

,385,2J3

l-i»,59l
83,' 87

Booda beM
OUOL

9,006,241

7S..^02

83311

Ao

Lake Erie & Western— Mr.

1883-84.

$

6«.J'i0

t,Utb4tMa—
Btoek

S,BM,3':8

PDodeddebt
BUIaparabU

4;a68311
85630.5

306384

Other aronon'S

Ooopa. A
—

nn'-Ulm<><l dlra.
ellan-ooalliiblllUca ...

47,748
39,404

733339

*

3,000,000 3.000,«'0'> 3,000,000
6,000,000 6,000,000 (>,i OO.oOO
7<.4,151
17«,85u
ll.s.ox)
228.<B7
20:<.948
•Hii.:'ii7
1.^.1M1
18.371
ig,:<i3
41,972
30.027
904.002
331,013
515,047

V^^

8,739,309 10374.276

TotalUabOlUea

9,766,972

9,026,354

iiK'-M^f 9300,000 l<t cooaoL bond* on band.

GENERAL INVESTMENT NEWS.
—

Atrh Imm Top^ks M SanU Fe The company has issued a
mpplementary circalar to circular No. 58, relatinz to the
8oatbem Kaoaas Railway CompAoy's lines. It is addressed
to the stockboldem, and aaj«
:

**
In circular 59 It w>a anaooaccd (bat tba Saatbem Kantaa Rillwaj
OooipaD; contcmpUtrd tba eoaatmrtloo of a Hue aiid bmnrb ttaroimli
tbi» iDdUn r>TTlti>rr. 'ba mala IIb« mnnlnic from Arkanaaa C1t< louthatly m tbe dlnx-iloD of Deniaoa and Port Wurtli,ard the branob ninnlr.K
traa Kluwa oo Ilia ronibrrl} bottler of Kaeaaa, MWtbwrstprlr In Die rilMsttaa of Wolf Creekjand tatotbe Pan-Handleof Trxaa. Ii has api>rarrd
that Tar7 InporUMil adraaiacaa can be ububied by bavlnic thr pi>riliin•CtkabraDea Itoata tbe Pan-Bandle of Trxaa built by aTriaa cori'ora
ttai; sad tba aBagraaeat. after tarrmi con>t<lcmiloa nf tbe mii'Jfi't.
aad aader tbe advlee of tbe rnannel cf ibe cr>ni|>anT, barx iln lil,?il to
An aoxtllarr corporatlno ralird 'TbeSuutlii-rn
adopt tbl« mar>r.
Ifaara' Kallvajr ('•mpaar In Teiaa'l* aecordli KI7 bclog orKanlZ'd
adar tbe law> ut Tnxaa for tba purpi-ae of bnildlux tbia iwrtlon of tbe
wbirb. «b«a esMatalta. trill b* kMed to tbe H<>uibern
baa,
~
Ballwajr Oniiafcr.
TMa airaaffamaat «UI nrcefslute
uit't: or dtl&nat
trat Bottgaca boads apnn tbr two purhnib laaoca vUT ba Uialiad to $l«,i 00 ix-r milc.
lof 11
:

BAd

will

III

>

all

tbair proTiahma.

Tberoad

10 be tinllt In ilin

"> will paaa tkroach aa a«neali<>rai and K'a/lng
wblcti la u ly equal to Ibe eoonlry Iniaelidlan T>'rrit..r\ traTaiaed by Ibc Oulf Dlvulon of tba Buutbem Kanua Kailwuy <' <tu|>un>.
Bat iBorillrr that tbaaabaertbeia may b^re no leaiioii i" <<>rii|>lnln tli.it
ii.in tlKuui
tka aasoritlaa to be raoatTed br tbeia era lt««
Tn|'<-kaA
aaaovMed la altnilarbS, or oC aqaal value. 11
I
to Rnarn -.
paymrnl or
0aMs r» Ballraad Comfayrkasdeodad
Ikf ulartiial aad nianM* of all tb« flnii toangtgn» lK*ail* tu b*^ lMtue<l 10
mhrntttmrt aadar atraalar &h, laalodlDc b<ith tba Siat nioninurp (iuir

Faa-HaD''

W(IOB

J, H. Cheney, Receiver of the
the report of that company for the
year ending June 30, at Columbus, O. The total earnings
were $1.194,010— $286,980 from passenger service, $749,390
from freight, $35,3^1 from mail, $34,000 from express and
$108,859 from other sources. Operating expenses, $1,009,374;
rentalp,$30,574. Uet income over operating expenses and rents,
Disposition of resources: added to surplus fimd,
$154,161.

Lake Erie

&

Western,

filed

$81,649; construction, $15,963; equipment, $56,549.

LooIsTllle EraosTllIe ft 8t Louis.— At EvansviUe, Ind.,
the United States Court, before Judges Gresham and
Woods, this railroad was taken out of the hands of the
receiver and turned over to the nyndicate which recently
purchased it. and the consolidation of the companies in
Indiana and Illinois was te be made forthwith.
in

LonisTllle & NashTllle.— At Louisville, Ky., Oct. 6, the
regular m"»-ting of the stockholders of the Ldtisville
Nishville Railway took place.
The ballotins; for directors
resulted in the unanimous selection of th>i following board:
John A. Cijrter, Freiierick W. Foote. J. A. Horsey, John H.
Inmin, Auguitt Belmont, Jr., Arnold Marcus, E-kstein Norton,
J. D. Pfohst, Thomas Rutter, J. S. Rjirers, Milton H. Smith,
John D. Taggart and J. B. Wilder. The only change is the
substitution of August Belmont, Jr., of New York, for J. H.
Lindenberger of liouisville. At the afternoon session of the
board of directors Eokntein Norton was elected President, to
succeed Miltnn
Smith, who h&<< held that position for two
years. Mr. Smith was chosen Vice-President, Mr. Norton previously holding that office; the titles of the two were simply
exchanged. *lt was done at the request of the foreign bonaholders, who thought that the chief financial officer of the
road should be in New York. The headquarters of the road
will remxin in Louisville, and M'. Smith, should he accept
the Vice-Presidency, will retain the general management of
the road.
^Tbe groas and net eamingB have been as follows:
jrt Ettmingt.
Oron Xaming:
.
.

&

H

—

.

July
Auguit

.

1880.
$I,3.S9,774

1H85.
•'..057,333

1886.
«5«ri,453

1,300.567

1,077.487

505.340

TotalSmontba. •2,460.341
•2.134,819
Amount paid 'for construction in

1885.

$361,445
400,452

•1,051,793

•761,907

same period

in 1886.

$60,437.

:

-

I

PMHwifco
^

431

M

Marietta

North Georgia—The

entire line of 130 miles is
to within twelve miles of Murphv, The net
earnings of the road (gross earnings not received) were $7,130 for the month of September and $13,4.59 for the seven
months March to .September inoluaive.
ft

now completed

—

{

ibeawMbcn Kaaaaa TUIIwaj CHDiMny
Cm

Mlssoarl Kansag t Texas— Messrs. Heinamann ft Co. of
attmya batadaof tba flDotbarn Kanaaa Railway Cmpany
London, repre«ieniing a synoicate, are reported as buying from
Baafc Mmaer ttirr wUi raceire tbaM intantnierd ar>t nM>it<a<" b<indaln
tba pinMttbNi of V700 of tba Boulbem Kanaaa Railway Compaur'a the Miaeouri Kansas ft Texas road $1,700,000 of its 6 per cent
eairOlTtcloa booda and ^JOonf booda of tba8aatbaniKan>a« R.iUway general consolidated mortgage bonds.
It ia stated that the
OoailMaria rexaa for carta 4 1 .000 anbaer lbad. Tbe looi'nie Ixmilii 10 price paid was a shade below the market.
taiaail andar rlienlar in will all ba tboan
ior

be
Railway Cofnpoay, aa

anil ibn nr»t
In Trxaa.

of tba Boulbrrn Kaunas

aaooooocd."

N. T. Stock Exchaage. —The Cincinnati Indianapolis St
ClrTeUid * a arietU— Taller (O).—The aerelsnd & Hari- Louis ft Chicago Railway Co. ssks the Stock Exchange to list
flttA Railway Companr aanoaooM that the aAMaameiita of the $1,255,000 of itH $10,000,000 50 year general Ist mort. 4 per
01 Ucinalty

bondboldcfa for foracloBars ezpeneea, under the agreement of
Jan. 15, 18M, will be returned on prceentation of the rereip s
At the Mrtropolitaa Trust Company^ office. The reork anizatmn
of the road hae he*n oompletcd.and J. K. Nash, A. T. WikofT,
A. J. Warner, M. K. Jesup ana J. W. Kllis have h<«n t-KH-tcd
director* of the new company, with A. T. WtkotI Preeident
and Maoaicer.
—It is reported that the consolidation of the dereland A Marietta and the Valley roads hae been practically agreed u)i«n,
and that the stock uf the two compAniea will be consolidated
on A fair b sis after tbe link whicti is neo Mary to connect the,
two roAds baa been built. The capital stock of the Cleveland
ft Marietta ia $1,547,000 and the funded debt amounis to a
million more. The Valley has a capital stock of (:l.2.'i7.397
and 11,600,000 of fint mortsage boiids.and an authorized isauo
of $4,000,000 more of oanaoUdated bonds, of which less than
tl,000,000 baa been iamed.
IIllAofs HUlaad.— At SpriuKileld, III., September 80Special Master N. W. Branson sold the Illinow Midland Railroad under a decree of foreclosore of mortgages and the dis
charge of the receiver's indebtedness.
Tiie Sc Loain Globe'
DttlMeral says "The entire line is 107 miles in length, and
made np of thr>e original sections, known aa thn IN'oria
Terre
Atlanta ft Decatur, the Paris ft Decatur and tbe Paris
Haute. Besides the three mortgages, one on each of these,
there was one blanket mortgage, oorering the entire line.
The thrre ori(cin«l mortgages upon the seciTons named, were
sold flrat. That »n the Peoria| Atlanta ft Decatur section was
•old to K. K. Dow for $274,250 the Paris ft Decatur section to
Tertc
Sfanon Borg ft Co., New York, for 800,000 ; the Paris
Baule sectkm to H. Crea. of Decatur, for $40,000. Mr. Dow,
Clareniont.
who Is of
N. H.. bid in the interest of Borg & Co.
and a syndicate of New York bondholders of the middle
diriaioo, and Crea* in the same inttreat that is tbe interext of
the Paris ft Decatur section, so that by this sale the Borg intareet now has control of the road. Six engines were next
old for an aggregate of $0,575 in the same interest, making
the entire saie $I,1M,036. Then the entire line, the IllinoiH
Midland road, whs put up under the blanket mortgag*', and
knocked off to tbe Borg interest for $1,127,000, or jiiat $175
mora than tbe aggregate of the amonnta realized Irom the
:

&

;

&

—

WW

flntale."

cent gold bonda, dated Aug. 2. IHJiiO. Und- r provisions of the
mortgage $l.000.000of the bonds sre sold for cash and the
remaining $9,000,000 are to be issued only in exchange for

bunds of prior liens.
The Northern Pacific Riilroad Company a^ks to list $1,000,.
000 additional tirat mortgage railroad and land grant bondaThese bonds are issued on 40 miles of new road in Washington
Territory.

Tbe
li*t

St. Joseph ft Orand Island Railroad
$4,600,000 capital stock.

Company

asks to

Peanj lTaBla.— At a meeting of English holders of Penn>
iyIvn^g_Railroad securities in London a resolution was
aidOpwrdecliiring that the time had come to distribute among
the shareholders a portion of the company's reserve funds,
and declaring also that the directors of the company ought to
agree upon some definite principle of division of the future
net earnings of the road.

Philadelphia ft Reading.— Mr. Austin Corbin. the President, has been appointed one of the receivers of this company.
In Philadelphia. O.tober 8, the U. S. Circuit Court granted
a decree nisi in the Ro>iins3n suit for the foreclotture of the
Reading Railroad property under the general mortgage.
Under this decree ninety davs is given the company to effect
a settlement with the general mortgage creditors, and in that
time an effort will be made to secure the acceptance by the
bondholders of an amicable adjustment under the reorganization Bciieme of the truitees.
In the event of a failure to accomplish this, the Court will then iaaue an absolute decree and
fix a date for tbe sale of tbe property.

& Iron Co.— A press dispatch from NashTenn., said that at a meeting of the stockholders of the
Tennessee Coal, Iron ft Railroad Company, the purchase by
this company of the Pratt Coal
Iron Company, the Alice
Furnace Company and the Linn Iron Works of Birmingham,
Ala., was consummated and confirmed, Thid action baa
brought together under oum managem nt a very large and
The report states that the
Valuable coal and iron property.
large capital in the
provisions of the consolidation put
treasury of the company, and provide for the building of five
additional furnaces of two hundred tons daily ctpaciiy each,
aad the building of 1,000 additional coke ovens. The combiner
Tennessee Coal

ville,

&

THE CHRONICLE

432

properties now have five furnaces and 1,500 coke ovens in
active operation.

ConBols, $9,197,000, coupons, 11.040; Rio
Grande Division bonds, $12,29>,000, coupons, 45,690 N. O,
Div,, $6.289 000, coupons, 6,6u0; terminal bonds, |3,774,000,
coupons, 60 land K^ant incomes, $1,716,000; stock, 298,774
sbaies; scrip, $164,230.
Thin gives the committee a majority
of all idEues except the incomes.
:

;

;

Toledo Cincinnati & St. Lonis— Toledo St. Lonis &
Kansas City.— At a meeting of Toledo Cincinnati & St. Louis
braid holdi-rs, rf cei.tly held in Boston, a resolution of thanks to
Mr. J. M. Quigley was passed for his great services rendered
in the lo g and vexatious litigation pertaining to the reorganization of this company.
The trustees who purchased the Toledo Cincinnati
St.
Ij-uis at forecloBUte, and organized the new Toledo St. Louis
Kansas City Company, have issued a circular to the old
bondholders who subscribed to the "Quigley" agreement of
April 9, 1884. Ttiis circular goes into the history of the litigation smce that date, and explains each step and the difSculiies
which attended ihe trustees in their arduous task, it concludes with a notice to the bondholdeis that their securities
may now be exchanged, and says:

COMMERCIAL EPITOME.
Friday Nioht, Ost. 8, 1886.
Thpre has been fine seasonable weather in the past week, to
the advantage of regular trade, but the drought on the Atlantic coast begins to do tome injury to late f-rope.
There
was much depression

in values of nearly all food staples early
week, leading to a more active export and steadier
A strike of the pork packers at Chicago is apparently
formidable, embracing many thousand men, but apparently
in the
pricep.

causes

anxiety.

little

The following
cles of

is a stitement of the stocks of leidina: artidomestic and foreign merchandise at dites given:

&

&

'•Under the terms of the present arrangement, first mortgage bondholders of the Toledo Cinciunati & St. Louis Railroad
Company (St. Louis Divijion), holders of our trust receipts for
the deposit of bonds, are entiiJed to and can now receive preferred coupon stock equal to the amount of the first mortgage

bonds so deposited.
"First

&

mongage bondholders

of the Toledo D.^lphos
Burline), holders of our trust
leceipts for the deposit of bornls, are entitled to and can now
receive preferred coupon st ck equal to the amount of first
mortgage bonds so deposi ed and 50 per cent additional.
"At the time of making the exchange you wiii also he
entitled, as coupon stockholders, to a valuable right or privilege of subscription to the first mortgage bonds and common
stock of the new company, in the proportion of one block for
each ten shares of coupon stock delivered.
The privilege to
be in form substantially as follows :

Hngton Railroad Cornpany (main

This

is

TOb.scriiie

to eerlify that

on October

9tli,

or

and thereafter

assiRns
until

November

inclusive, for

entltlpd to
llili,

I58

-,

block ot the securities i.f Ihe Toledo 8r.
Louis & KauKas City Railroad Conjuauy, each bloelc be n^ made up as
follows
$1,0U0 ot the Ist uiortKHKe bonds ol the T, 8r. L. & K. C.H. R.
Co. wltlicouoon ou for interest from December I, l-8fi. $1,00j <if
the couimou caidial stoolj (10 shireo ijiioo ei. hi of tlie 'J'. St. L. & K. C.
R. R. Co., forwhich^fl.otOinca.-'hisio b- paid as follows: Tea percent
atiiuieof ubscripiiou— 40 jier ceut i.u ^oveml)e^ I5tli, IffSH, and 60
per ceut on December 15th, I086, wiien the securities will be delivered.
All checlis 10 be di awn payalile to Ihe order of
Isaac W. White.Triis
tee.' S.ibscripiiipu for live bloclis and multiples will receive 4u per ceut
Of the bouds ou the secoud payment.

1886.
Ocl.

Pork
Beef

tcs.

aud

9,635
130

tcs.

5fi,177

hhds.

43,920
4a,9»8
257,010
74.748
11I,B80

bales.
Dags.

bags.
mats.
hhds.

8'igar

Sugar
Sugar
Melado

ye, 201

99

4t9

hhds.

Tar

500

352.6C0
b5,2o7
22.521

327,200

bags.
bbls.

and

tcs.

bags.
bags.

Saltpetre
Jute butts

bales.
bales.
bales.

Kanilahemp
Sisal hemp

66.170
81,013
43,382
5,750
569,742
129
4,503
l.SOO
138,800
83,720

1,H67

800

No.
obis.
bhls.
bbls,

Spirits turpentine

1,94S

bbls.

bales.

23-j,920

64,1100

3,933

Hides
Cotton
Rosin

9,049
40,813
c

4.>>,0H

2,169,. 65

Molasses, foreign
Molasses, domestic

638
34,311>

282,881
89,800

iKixes.

107.»f.9

1,953

16,760
2 5h9

534

524

3,f40
2,600
None.
1«,400
32,500
10.526
7,101

1?,000
3.2.0
None.
14,400
So.COO
4,976
5,721

1.

21,139

11,990
1j9
36,V35
44,821

bags. &c.

4

1885.
Ocl.

SeiU. 1.

29.832
No. e.
2,008,249

lihd".

Rice.E. I
Rice, domestic
Linseed

1880.

1.

bbl8.
bbl».

Lard
Tobacco, domeatlo
Tobacco, foreign
CoHee, Rio
ColTee, other
Coffee, Java, &c

18,1*70

2,557
889
None.

500
32,500
14,680
S.-i.OOO

12.028
16,852

Lard for future delivery was heavily pressed for sale on
Munday and Tuesday, and prices fell to the lowest
figures thit have been made in many months.
Wednesday
and Thursday were steadier. To-day the market was unsettled and closed irregular.
Saturday,

DAILY CLOSING PRICES OF LARD.
Mond'u. Tuesd'y. Wedm'y. Thursd'y.
6-12
6-0.*
6.03
6 07

:

•

III,

'^hz ([/ommtvtxvLl 4^1 me a

.Texas & Pacific— The announcement ia made that the
"Wistar Rfornanization Committee of the Texas & Pacific Railwsy Company has secure 1 these deposits in favor of IM plan of
neorganizaii- u

tvou XI

Frid'y

Saturd'i/.
Oof. delivery... fl6

Nov'mb'r"

..

l>ec'ml.'r,"

--

JunUiiry

'

Febiuary"
"
March

..
..

..

6-09
6-12
6-18
6-23
C-29

6-11
6-13
6-18
6-26
6-33

6-03

605
611
6-17
6-21

5-96

6-05
e-08

6-05

6-f>5

»;-09

61«

6-16
6-22
6-28

610
616

6-20
6-29

6-23
6-32

which you are entitled in exchange for Lird on the spot also declined sharply, but the lower prices
ready for delivery at this oflice, and after led to heavy porchases for export on the spot and for early deTo-day the export
distribution an application will be made to the New York livery, and there was a steadier market.
Stock Exchange for listing. To hasten this time, bondholders demand continued good, but the business don« was at some
are urged to make the exchange within the limit of time furiher decline, closing at 6c. for prime city, 6 10@615c. for
allowed for subscription to the new securities, namely, Novem- prime to ctoice Western, and 6'30@6-35c. lor refined for tlie
Continent. Pork declined, partially recovered, but closes
ber 11th, 1886."
dull at $10 25@ 10 50 for new mess.
Cut me its were very
Tirginia Bonds.— The utterances of Mr. F. G. RufHn in dull, until with a day or two, when there was a good business
regard to the State debt were hardly criticized more severely in pickled bellies at 7l^c. for medium weights, but the close is
in London than they were in the semi-southern city of Balti- weak. Tallow is lower and moie active at 4c. Stearine sells
more. In London, on September 24th, the Virginia bond- at ejjc. and oleomargarine at 6>^c. Butter is again dearer
holders held a meeting, at which resolutions were unani- and tirmly held at 22@32c. for creamery. Cheese has been dull
moutly adopted urging renewtd efforts for the purpose of and closes wfak at 9><@12c. for State factory.
The speru'ation in Rio coffee has continued feverishly undefeating the present coercive policy of the Stat-», and with a
view to obtaining subscriptions to an additional assessment to setiled. There was a sharp decline early in the week, the
enable the committee representing the bondholders to carry distant months touching 9 05c. on Tuesday, followed by a fitout whatever measures it may deem advisable under the ful recovery, but to-day renewed activity and buoyancy were
circumstances. The London Times says the meeting expressed developed, and the close was with sellers at 9 75.-. for Oct. and
a unanimous determination to persist in the maintenance of May, 9 70c. for Nov. and April and 9 65o. for Dec, Jan., Feb.
the existing rights which have been secured to the bond- and Mar.h. C>/fTee on the spot has tieen rather quier, but waa
holders by the Supreme Court under the Federal Constitution to-day fairly active and firm, with fair cargoes of Rio quoted
rather than subm t to the terms of the Riddleberger settle- \\\i@\\%c. and No. 6 sold at 10=^c. Raw sugars have favored
ment, but at the same time stated its willingnesa to accept a buyers, and close at 4?gC. for fair cargoes and S^^^c. for cencompromise, based upon the available revenue, after providing trifugal, 96 deg. test. Molasses dull and nominal.
Kentucky tob icco is held higher on reports of damage to the
for the cunsiitutional appropriation for government, schools,
crop by frost, but the demand is only molerate
sales
Ac, and without raising the present ra'.e ot taxation.
400 hhds., of which 300 fur export. Seed leaf firmly
Western Maryland.— The citizens of Baltimore will vote held and less active sales for the week 1,855 cases, as follows
at the coming municipal election on the ordinance providing 500 cases 1885 crop. State Havana seed, li@15c I.jO cases 1884
for issuing $l,b00,000 city bond^', to enable the Western Mary- crop, do., do., 10(ffil2(".
180 casts 1883 crop, Pennsylvania
land Railroad Company to p ly and extinguish all of its first seed leaf, 11@ 12c.
100 cases 1883 crop, do., private terms;
»iid second preferred mortgage bonds and the overdue coupons 225 cases 1885 crop, Pennsylvania H-ivana seei, ll@17c.
300
thereop, except such of said bonds and coupons as are held by cises 1885 crop, Ohio, 5J^@6V^c.
250 cases 1885 crop. Little
the c;ty of BalCimore, an4 to pay and extinguish all the bonds Dutch. 8;X@93^c., and 150 cases sundrii^s, 6(ao0i;.
also, 330
Of the company secured by its second mortgage and guaran- bales Hivana, 60(a|l 05, and 2o0 bales Sumatra, $1 20@|1 14.
teed by the Mayor and Ciiy Council of Baltimore, and by the
Crude petroleutn certificates have been under speculative
county commissioners of Washington County, and to provide manipulation, and close dearer at 64s^@R45^o. Spirits tura sinking fund for the redemption of said stock.
pentine has been quieter and closes ensicr at 37>^c. Kasins are
Metals have been quiet, but the speculatinn in block tia
dull.
Wisconsin Central. —This company has filed its annual re- wai fairly active today at 2225f. for Oot. and22 37>^(a2a"40c.
port for the year ending June 30, 1880, at Madison, Wh. The for Nov, Ingot copper closes stronger.
total income was $1,500,906, operating expenses $1,140,731, exOc-^au freights are firmer, and business to-day embraced
cess ^301,8.50 taxes $.')9,288, rentals |200,521, inteiest $2 r, .-,00; cotton at 7'32>i. and grain at 4d.
to Liverpool, grain at 'A%d.
deficit ii!105,12,'5; miles of road operated 450? passenger earnings
ner bush, to London, and 35. 9J per quarter to Cork for orders.
$463,8.52, freight earnings $1,037,0.53.
Petroleum charters are dull.

"The new

onr receipts

security to

is

now

;

;

;

;

;

;

;

;

:

OCTOBES

9,

THE CHRONICLE.

1880.]

COTTON.
Friday, P. M., Oct. 8, 18S<5.
Ths MOVKMEm or tbk Cbop, as indicated by our telefcrams
fram the South to-night, is fn^en below. For the week endine
thU evening (Oct. 8i, (he total receipt" have reached 197,16')
week,106,6 )1 bales the previous
making the total
71,913 bales three weeks since
reoeipta since the Ist of September. 1886, 5SG.491 bales. &K>^ini^i
637,S^;bales for the «ame period of 1885, showioig a decrease
since September 1. 1886. of 40.744 bales.

483

1 1 addition to above exports, our telegrams co-night also give
as the following amounts of cotton on shipboard, not cleared,
add similar figures for New York,
4t the ports named.
vhioh are prepared for our special use by Messrs, Carey, Ya!a

We

* Lambert,

24 Beaver Street.

bales, against 150.465 bales last

w«ek and

On Shipboard, not eleared—for

;

JUctipUat—

QaXTmUm

4,'

07

•

••

Indian oU. Ac

Hew

Oriewu...
Mobile

rua.

iron.

Sal.

Wad.

4.IS2
•-.
7.S23 14.014
1.67*
1.474

5,133

6,232

.«••

...

8,077

4.981
1,35}

m.

Tk%in.

6,479

0,151

5,674

6,471

95

351

493
865

7,919

8.2 9

6,917
*-»
5,739

7,991

0.50:

6.s'»»

...•

...

...

.••.

-*.

...

....

3,3tiO

2,5 5K

2,134

3.53)

MorehdC.Ae.

...•

>••

....

Bniaiw'k.Ae.
(Aarlmtna
r% Boral.*a.

WnmlnRton
JTorfolk

4,971

3,31

6,ft53

•

34,080

.—

Flortda

•avannak

Total

1

....

43.819
5,301

5,181

3,<t93

....

52.

529

1.687

104

8

bnx.

(treat

NiwOrleans
dobUe

15.411

Cbarleaton

io,a

7,359
7.311
Nona,
Nouo.
None.
I,3u0
8,1<^0
Non«.
5,669
863
Hone.
Hone.
1.3iOi 6.800
Mwe. None.
i

«>

I

2i,200

9alveaton..

I

19.l>3J

....

1,500
9,U0U
8,u00

ilorfolk

<few York
Other porta

Total 1886.

Ooatt-

11,328

30,719
None.
16,100

None.
1.700
3,600

34,:i

6.110
3.000
None.

35.026
5.644
31.135
49,103
31,516
5,959
74,337
24,388

None.

32,580
4,500
17,200
s,goo

27,809

15,345

143,529

263,650

18,903
38,291

11.838
13.614

116 2%C
131.430

214.131
229,764

I

36.017

Leawlnm
Stoek7

Ibtol.

635

I

Noiip.

Savannah

Other

I

^<"^'fbreignl wiw.

,

I

rotall885
total 1881

1
1

70. ''89

78,6J3

j

!

11,520
5,892

I

I

The speculation in cotton for future delivery at this market
opened the week quite depressed by the unfavorable foreign
01 advices, the good weather Sjutb, and the increased movement

12,M3

I,'»H'

10

l,7l<»

2.7«0

a,ai7

2,112

4S>>

1,8 i-

Oi

500
40
112

87-.

t.-iJ

1. 334

l.OSO

5,3ol»

»7J

....

....

6)

.>..

....

....

613
201

W«atPolDt.to
3l*w York

1

Britain.

865
47.221
1,6^7
29,7i9

1.303

Oct. 8,

11,

crop, not only

the

at the ports but at the principal
town?, and prices steadily gave way till the
....
602
BaiUmore
.--•
••••
—m*
603 opening of Wednesday's busiiness, when they were fully
• •••
PbUadalp'a, Ae.
....
....
12
21
....
33 20 points below the bedt figures of t:ie previous week. Then
came a slight recovery, due to a steadier closing at Liverpool
Total* thU wank 8T.1»« 87.'»33 S8.rt|t7 2T,»6^ 31.04*0 31,915 l97.1tS«
on that day, prompting the coveriug of contracts, and en.
Foroompanson, iretcivethefolloirinictableshowinxthe weekl
Yesterday a
tstat reoeipta, the total ainceSept.1, ISS*), and the stock to-nigh,, couraging aome manipulation for an advance.
and the same items tor the rorreapoadinK periods of last f^tr. firmer report from Livc<rpool caused an early improvement,
but it was quickly lost under salts to realiz;. To-day the
1HH^
Htock
market opened weak uoder the adverse Liverpool report, and
to
Thi* StnfStp.
Thli titte* 0tp.
OtL 8.
1885.
1«M.
further declined when the free interior movement for the
Wmk. 1, ISsO. Wmk. 1. 1885.
week bacam.i apparent. Cotton on the spot was quite dull. A
0»lTr«u>a..
SLOSO 151.172 31.746, 131,53}
67.096
53.965
small demand from home spinners alone prevailed. (QuotaInd'noU.te
791
Hew Orlvaaa. 4J.819 110,0il 41.10»| 104.318
65.775
60.925 tions were reduced l-16e. on Monday, aad again to-day,
Mobile....
13,596
6.6J1I
I >,0t>2
5,6(4
0.301
7.3 J6 middliog uplands closing at 9i'gC.
riotMa...
3,944
869
2
1.9S:>{
4.999
The total sales for forward deUvery for the week are 397,900
Bavaaaah
47.334 190.160 40.96U ?69.5i9
63,305
73,135
bates.
For immediate delirery the total sales foot up tins week
Br'tv-k. *o
3,687
1,<W7
3.315
i.aa4i
for export, 2,533 (or consumption,
OharlMcoa
30,7ft<»
80,07S sa.t7«
06.791
90,43 V
97,121 2,538 bales, including
rt.Baral.Ao
1,317
629
2ir
1.0 >«
600
for speculation and
in transit. Of the above,
bales
VUiDloftao
13.)4a
30.948
19.737
11.198 wsreto arrive. The following are the official quotations for
35J46 o.tf.'a
155
WUmtCto
101
liO
5.
•loh day of the past week.
..•

BoatM

3i

of

interior

|

.

—
—

—

ir.I>iolal,*e.

Hew

14,191
5,403

30,151
7,406

21.47b

613

1,4U

2u,

York...

Baltimore
Pklladal'

Total

.%o.:o5

SOI

402

eoi
33

I.SU

11

99t

38'

10,459

16,5SU

91.ir.7

91,077
6.310
8.813
5.500

u

100

30,0
11-

9.414|

4»l
371

9

5,0 >0

9.139
2,083

f-

19

39O.3il0

107.1 7H'

—

DPLANDS.

OtL 2 lo
Oct. 9

Sat. If on

Jrdln'ir.«»

6^

IcnctOrd..

7»i4

Taea

Sat.

non Tnea

Str
L.1

In Ofdef that Cuiup(ftrft»>u luii^ i^* ditvit^ ^i.ti 'icoer years, we
fire beloir Uw totab at leading ports for w c m-tx*-taa.
IBn
Oalras('a.Ae.
Hew Orlaaaa.
Mobile....

BavaBDak

81'

30../84

WIIm'gi'a.Ae

ia,6r;
11.19t
s.iou
4.001

orfelk
W. Point,

4M.

ailollian
Fat.

...

WsoeSep*.

1.

UalvoMWD

:0.i9i
49.861
11,315
36.103
24.909

Ordin T.9*

3<i,9'.0

2C,4M

Mr.L'wtua 9«t

11.177
5.636

6,321
9,851

191,056

19i,107

305.313

228.697

300.136

631.9^•^

7ts.8*:.^

B<»?.07ti|

7,H8

9,11

Uis w'k.

18il

3,036

8.7; d
13.1 6
33.2 J

9a6.40I «2 7.23'>
InitUauln:

latiliKloa

Ui:

•

Wiliuia,(t<ju inolivlae lfureu'acttr.&'

amdun

Oct .

8

mm Apt.

Ami

Onat

ITMk

Mmul

1. laM. b, (A::
Bx»nrU)t b»-

a*POTt«t b>-

MxptrU
tfrcol

/nm-

frow

Obtwt.

Oel*e»wa
Mobile

M,MI
....

aavwtaak

t.K*
..

n.'Ot

WUmlacton...

1.119

Horfol*

8.-.»t

Weal

S1.M1

11, 110

:icrtotOTd
.lood Ord

.

8. i-lSO.

.>

1.100

IT.W)
U.I w

X'Wl*
1110

..

1I.SI0

asatoa.

luiii
l,Otl

aMaofe

MK

PUlMM»1k.*c

i,>oi

iisj

Mia

...

101

....

MO

wso

ToUl

7M*S

ToUII»«...

se.Mol Ul,*l» tx.ny

10J«3

I-. ii

txmt

>

i.it«
i,ie<

7.»in

UU»

t.W

«.irtu

m•

BTALNKC.
Ojod OrdlnaiT

a^ot iiixxl unllnarr
UtwMiddUng
MuMlhK

MlBKKT AND
The

m

week are indicated

aii.cs

SroT WAaKKT
OLoaau.
•Jilct

:

Hon., »iiiot

.'

13.S00

SI.Ul

4711

H.ti'l

*6i

T.IK
K.OUl

ina.im tlfiH
1

is7-a

IW.1I*.

day during the

aku tramit.
Deli--

1

Sat.

»JJ»

af^>T

Con- SpM-' Trail
porL tHmp'ul'fn ,il,

I :.•);!.

iie.Sl>i

or

Mt-

sn.oao

....

SAI.E8,

deliveries each

foUowmg statement.

the

I.-IOJ

81.SSV

tl.nW

and future

V.4S»

B,7J1

....

total sales

rolol.

Salet.

..

4.41*^

7.WI

IV

9^,»
"'tllljt"!"
•food Mid.
9'a.a
Sir 4*4 Mb)
XMd'B Fall 10
Pair

15.l!«

t'olatUke

Hew Tofk

7h"

For tne con
roaience of the rtsader we also add a column which shows at a
{lanoe how the market closed on same days.

Ttet.

..

1.4*j
«,7}l

9,7j1

>>.

..

.

2>i«0
I.UJI

......

6.1TI

3.t40

.

Itr.O'dOtd
U>w HIdd'K

..*•..

norMe.

CkadMMa

OllUU
Mat.

IW.^IO ~»!iv>

tfow.mm.. ULIM

Ws4| Th.

TJ5.043
*c.
Point,*

K<)7»1.
ity

The exports for the week enilinK i.-na evenmif r«acb a roia
of bU,.*>16 bales, ol which Ti.J-il were to Ureal Hntiin. i.OJD
to Kraooe aad lO.SOi to the re^tof the Continent. lidiow are
ths exports for the week aid siace September 1, 1-iSJ.
(VtUk

9>i
91^
Srr.U'dMld loJi,
.Ml4d'KF»lr,10*|,
Fair
'lU,;

3 1.765
31.379
17.0ai
10.115
31,761
5,l7y

20,138
12,917
7,914

11,V<1

,„

:

tilddllDK.

9<jud .Mid

1-482.

08.711
13,26
42 179
29.317
2.690
33.435
9,604
4,110

0,3u4
47.324

Ae

Ckarl'el'n,

11.109
0,60
40,909
24,133
e,T28
22,178

48, tit*

,

»t.- ..

M 1.883
9I)I.<W1

roe*.! •.{'lleMiI. If itru.,
*i>d . >l lift u id Bk^y
.

rinr»

.'
•

372
806
612
-I'M

ill >t

m..j i^alftullisilec..
lotaLl.

The

.

2.1(381

dally deUvenea f^ven abors are aotuaUj*
pr<-Tiiioa to thai uo whlcn tner are reported.

372 43.000
3011

1,')00

Id

U1,8JU

413
373

5?, too

400
100
7C0

I

82,j00

2.536 397.9)01 3,.^00

duUvered the dar
^^

Thb Saleu and Prices or Futcbbs are shown by the
iog oumiirehensive table.

100

77..50O
Oil.700

ei2

follow-

THE CHRONICLE.

434
Ob §3

.2

s

Fi?& IS "a ffs-5 bS"« I ss|
?wS§
*5s5 'PwS^ 'P'oS--,
~
at? "'
2.1-1
P»po

P

T*

si

illr

W3

s.« a

»So

VjS

g.0

-jo

QCO-

66

g

toco

'•

cots

00

6o*6
^

I

9«;

1

CO

C0<0o<0

MmO- mmOm
mmOm
coco
ro

ccco

COCO

^

coco

66

2

9*;

I

9»;

COOP

lt>

coco

5

MM
0503

2
"

o^"

I

©5

CO

^(0

coco

5

coco

Mm
OS 01
rcca

MK>0,^

a

I

O
to**

oy'

o

^co

a

toio
coco

^^iJ.

I

KtoOfco

lU^

coco

5^

Hl^

2

5
2

o.»:

I

cecDo®

kiioOm

MtiOM

:o

ceo

CO

COtD
toio

5
2

Cnil*M^

o
COCOOCD
O kl

»?>

I

I

».•. fc?i

CJ1

5

coco
coco

2
**

CofcO

"I

9.'':

I

951;

I

fcOCC^tO
«•

o

~<

coco
coco

2
ew MMm^
e«
I

en

eocDo*

5

2
"^

coo
I

9":
CO

cocooco

eoto

15

coo

*<

ccco

15

KlM

2

fcOtgCtO
coco
tobo

03

5

COS

5

2

coco

2

JDto^

CD

00

COCDo®

COC009

cocbOto

cocuOci

oco

CO

4^03

Ol

coco
COCO

5

coco
i^"^
toco

5
2
^

£

OD^M*<

9r:

I

00

COCOO®

CO

COM

CD

com

1^

5

cotp

5

n,^

5

coco

2
**

5
2
"

oscn

-<

MO
I

ep:

COi^®C0

»-

I

.

He

cocooco
1^1(10^

COCCoCD
K^l^Oi^

cecDgcp

Ct-l

CO

p-p-

tito

M

-gcD

coco

IJ

CD CD

coo

5

coco

1^ "^

2
^

O'p

000

^

CT'CJt

<1Q0
I

9

-

I

:

coco

5

cJ»oi

2

CD

COttOW

to

o MO

CO

toto

5

2
*<

ffiot

o<i

2
*^

cJiiyi

COQO

5
o
^

C/iO>

O303
I

9,":

-01--

00

coco

5
2

do
I

9r:

I

9«>:

CO

-4«40c»

Sg

ij

CDto

5

2

^<,

2

9 Co:

coeoo?

a-jo6

9m;

!J

coco

^^

9.to:

I

2

ok;

<i-jo^
03 O'

coco
•^-^
OOQD

:

coco

^
^

•5-jo^

2
"
00

00

-j-j.O-4

-J

9

CD

COCDotD

-4
1

en

COoCD

COCDotD

coo
1

».<<:

I

00

I

2
•<

CDCDoCD
ta->

®!0o«C*

8

I

I

CO

cocoon cDcoecp

I

06
C0O3

2

ciie3©ffli

66

5

coco

(OCDOCO

COCO

(oeo^co

CD

05C3

I

cc

«>

<IOD

5

ecto
ccob

2
"^

9

I

CB

o

Ocn

6ia>

2
'*

woo
03

cocooco

a6°6

1,337,333 1,320,212 1,586,165 1,800,137

bales

afloat for

Europe...

<f

<
9

8

CDCDOCO

003

o

2

I

165.000
23.000
98,800
53,000
24,000

tilverpool stock

tondonstock
afloat

6- -I

coo

o

30S.400
544,300
564.800
363,800
973,533 1,013,812 l,0al,365 1,255,832

Ao

into Continental ports this

—

d

rt

CO
Ou

CD

I

CO

'J*

coco
<]ob

^

cto

9

;

I

I

M
to
M

I

*

to

to

_tO

1

00
03
en
to

!

M
00

i

en

1

M^COCnODCnCJ'M

toOMenccoto^otoooso

o;<ia3QDMtoi*^cnMXM.-"*c;ienCt^^M

CDOtOO-lCOtO
to

tOODMtoceMCOM^JCW
'c.cj"'a3Vwcn4-

'

VltO'tOMM'tOt^

03
to
03

tu

X
9:

:.

cots
COtD

MtO

coMGc^-coMCOtDMO^cn^Ma^cco

c CO X to en en

en
MCn*.
OOM-JMto'x-a
cnoa #.MtoM
oo<i-.'D:tou

)fr-q#.

— OMCno'CO-OiOOcrto-JOtocna

cof(*^toovcc^03:ttenMencocoD^*.

to:^'

MCn03M(»^Orf-Cnjt-CO*-COCOC.;0(X).-CO

1

9

MCn»-*-tD^tOMM.-,

to'

<
a

tOQCM

MCni^

encoiucofrcto

0;Olr*aO*0*.Di-tOO;W-JQO<ia.GDOicCCi
K,'X)aj--4CGotciajc;^^OiOH-oc*:aiMrf^

i^oxcDa-oio

oo©coo3Mcn

QC<:CQ0y>ij:vi-'®O'-i;»OV*J05rf»-*J*-it.f4-

',

CDCOetD

6606
toco
ro

t3

S"!

1
1

?

I

;

I

I

|

1

I:

j

-07 pd. to
06 iid. to
-lO pd. to
'08 pd. to

w ot ^t cs ** 00 01 C 00

ClwOCODOH-Ott-'vl.

tt-i-OiaaDo^tt^

ooW

00

t^
en

M

1;

-qMW
M
qdIowmosOoo
CO O CC CO t3
It' *-•

t-

exch. 100 Deo. for Jan.
excU. lOO Oct. for Deo.
exch. 500 Jan. for June.
ex.

400 Mar.

for April.

Thk Visible Supply of Cotton to-night, as made up by cable
fend telegraph, is as follows, The Continental stocks, as well as
those for Qreat Britain and the afloat, are this week's returns,
and consequently all the European flfores are brought down
to Thursday evening. But to make the totals the comnlett
figures for to-night (Oct. 8), we add the item of exports frcm
the United States, including in it the exports of Friday only.

CO

I

O kO o< o a: to O

CO

09

03
ro
to

M
^ v vi en

o> to

bt wloc

I

<109<JW^M_^M010S

o"I-cow»ft**.

it>

CD

O O r- »4 CP CD

CO

'

CCC)i*»C

IB.

-J
to
CO

to CO 00
itfcCD-J

o oa o o 00 o X o> 00 ta-q to to

0'.ocira#*'^ccOOMOt-'«-i-**Jccc;to
coo'ODoati^^totocoi-'ipi'Ccoto-')
10
HH M CO 09 tO CO 09
O 00 -4 W ^ Vo CoVj CO'cCOi W w'-q 00

COCOCOHCn

mm"-' djt 00
CD O
CO *-!** Icoocoautcoto

w'cd'o

«I^

if*-

The foUowing ezchangeti have been made during the week:
900 Dec. for June.
100 Dec. for Jau.
500 Deo. for March
1,300 Oct for Nov.

I—

M

tittTB

exch.
exch.
exch.
exch.

week have been

§

<:

week to give, tlie average price

•50 pd. to
"06 pd. to
23 pd. to
•02 pd. to

86.000
13,000

to

1886, for September, 42,900,
inolaaea in cue aDove cable, and stiau uuutlDne each
of tntores eacli.<lay for eacli montb. It
Will be found under eacn dav following the abbreviation " Aver." The
average tor each month for the week is also given at bottom of table.
Transferable Orders—Saturday, 9'20o.; Monday 9'20o.; Tuesday,
8'15o.; Wednesday, 915o.; Thursday, 9-10o.; Friday, 9-05o.
Short notices for Oct— Saturdajr, 9"llo.; Monday, 9'15o.

We

169. HOO

244,000
44.000
112,300
114,000
30,000

-;

Ind ucleg sales In Heptember,

or

f 5,000

Ar THE INTKBIOB TOWNS the movement that is the receipts
fo the week and since Sept. 1, the shipments for the week, and
the stocks to-night, and the same items for the corresponding
period of 1885— is set out in detail in the following statement.

It.

*

231,000

138.000
23.000
96.400
42.000
7,000

9co:

ccceo«

COCTcCD
»j-gO-j

I

II:

22,0(,0

The above flgurM indicate an increase in the cotton in sight
of 17,121 bales as compared with the same date of
1885, a decrease of 248,833 bales as compared with the corresponding date of 1884 and a decrease ot 463,799 bales as
compared with 1883.

O9.to:

-1

I

515,238..
l?9,o94.

1,337,333 1.320,212 1,586.165 1,800.132
Total visible supply
Siiigd.
6%d.
5s,6d.
Siad.
Price Mid. Upl., Liverpool....
lOo.
105»o.
gsgo.
913ib0.
PrioeMld.Upl., New York....

to

Ill

390.390
69,589
20,833

311,000
127,0CO,
151.000

ta

^

ooco

273,000
153,000
163.000
361,194
55,971
15,200

2
''

00

I

l.'.3.000
l'.!3.000

ISs.OOO
407,179
92,054
13,300

e.—

I

1

257.000

I'^O.OOO

973,533 1,013,812 1,021,365 1,255,832

Indian, BrazU,

ixo.,

183.000

5

cote
-J-j
tots

I

13.300

1*1

0«0i

cocooco

CO

92.0.^4

to-night

coo

5

tf^W

22,000

t3f The imports
ti

cjiui

O-obOi*
CO

129,? 94

16,200

24 ,000

407,179

en

CO

8-:

gto

."^5,971

EKypt,Brazil,&c.,aflt for E'r'pe

Stock in United States ports..
Stock in D. 8. interior towns..
Onlted States exports to-day..

400

16,000 tales.

9 to
CDCOoO

I

rO

10

coeoo® CDCDo^
u<dcd« >--»-^
coco

On

fel

U

838,300
114.000
151,000
30,000
515.238

TotalAmerioan

03

9.m:

CO

coccoto
iOri
p-o>

3
2
»<

-

tOOD

239,300

891.800
86.000
163.000
13,000
361.191

Total East India,

I

coco

to

322,800

667.400
42,000
123.000
7,000
390,390
69,589
20,833

Egypt, Brazil,

CO

MlU

9.«.

249,400

589,800
53,000
158,000

Oontinental stocks
India afloat for Europe

9?*:

coco

totocco
cocoOcb

b

rCCDOCO
pp'~'p-

1^

I

218,800

Total European stocks
India cotton aflimt for Europe.

JBatt

««

0.0

9

iJtal Continental stocks

United States stock
United States Interior stocks..
United States exports to-day..

lOK^M^
I

Oi

coco
iboo
coco

1

1,800
175,000
7.000
36,000
11,000
10,000

Total American

000

COCO
lit-

coo

Stock at Marseilles
Stock at Barcelona
Stock at Qenoa
StookatTrieste

c
<0C0o«

COCDCCO
COto®CO

<

I,5C0

American

S

toto

569,000
4,700
38.400
38,000
90O

121,000
4.000
37,000
10,000
9,000

Liverpool stock
Continental stocks

CO

CB

coco oto
O-CO = co
ptO~4

cocoOco
coco
eoi^

OD

I

CO

"90=?
N>OtO

'

3,300
34,200
29,000

Of theabove.the totals of American and other desoriptlons are as follows

9^:

1

1,400
24,800
14.000

23,000

400

Total visible snpifly

2
"•

OKI

418,000

1BS3.
555.000
44,000

1,200

5

toco
(3t0

0.,

»0Om

I

COo<D

coco
coco

cocc

:

CO®o<D

I

00 -Jm^

to to

2COWm^
00.

9®:

I

<otp

2
"

CDCDoCD

o MM

CDCD09 CDCOoCp

MwOtb

5

op:

I

"?o® CDCOo®

1

5

10<0o«
mmOm i^mOm

MM
oo>

cecco^D

2
CO

COCDoCD

COtD

I

CD

«*:

I

CDCDoCD
m.::.om

CD

log

MM

"

oco
I

9

jJkjfcCO
loco

OmOm
OS— o

«»:

I

CD

371.000

1884.
504,000
65,000

1885.

108,000
6,000
38,000
11.000
14,000

Amer'n oott'n afloat for Eur'pe

'<

9r:

I

^ifc^O^

2

CDCDo<S

:«

9
05
(Do® !0C0o9

CJ1CD

00

5 <cco 5 cDto
^ COCO
MM a KM 2 osa>
MM 3
" HM *«

:

1

o
o

!^

«ecs

S

w

CO

CO

39.">.000

XUn.

599,0C0
2.200
38.800
20.000
1.500
5.800
99,000
8.000
39.000
8,000
11,000

Bcockat Havre

to

2.

1886.
3 4 s ,000
23,000

Stock at Amsterdam
Stock at Rotterdam
Stock at Antwerp

II

•

-"I

MS

baleB

8tookat Hamburg
Slock at Bremeu

"

i

U

stock at
verpool
Btook at London

Total Great Britain stock

:

p-

[Vol.

O

CD
"Li

CD
en

if'^M

"^
1

CD
09

m;

coif^H-oo^-r-.

i

;
I

"totii"'^

Oio: oi'oj'h'cd'jc

cd coVj Vj't.^cooo *

I^CO9O0:CCO:

-JOVto»cD«<

Ttis above totals show that the old inberior stock? nave
incrtased durinic the week 33,430 hales and are to-aie:iit 23,465
Dales more than at the same period last year. The receipts at
the same towns have been 13,139 bales more than the same
week last year, and since September 1 the receipts at all the
towns are 4.^9 bales more than for the same time in 1885.

OCTOBEB

THE CHRONICLE

9. 1888.]

<Juotatio>»3 rott UsDDidsa (.Jotton at Other Markets.—
in the t-tblo lielow we Kive the olodint; <{uotationa of miiiiiling
cotton at itetitbem and other priocipal cotton markets for each

da7 of the past week.
ouMiite qooTATiom vob MiDDLCia cotton

Oeua.

aalur.

Jr<m.

9<4

9»i«
9>a

OkWaitoa...
NewOtlMiia.

r-

Mobile^..!...

SatSoaak.

IWm.

W*dne$.

Thurt.

91 la

9«16

9
9

9

OlvtrlMtoa .

WUiuln^ton ..

9<i»
9>4

Norfolk

Bo«tun

9^»\

.,

AofiwUi
Memptala

8»s

8%
§'•
9>«

8's
9'e

S'«
9>«

»>«

9*4

9H

re

9>a

2."'«
9>te
»>•

9%
2-

9^

9^

9H

sag
8'.
9>«
91|

9>4

9««

9>«

»>«

9>fl

....

lAdiiTfUa

8%
8\

9H

9%

M. Lo-iu

9
9

»»»

Balttmora....
PhllJHialpkis.

m.

9

8\
8\

..

on—

9»i«

9H
9\

9H

9<*

S's

9
9"4

BauKiPiB rBOM ths Pi^ittatioiis.—The following table
Indicates the actual movement each week from the plantatios.
The flguree do not include overland receipts nor
Soathem con<<umptioa; they are simplj a statement of the
weekly movement from the plantations of that part of the crop
wUoh flnaliy reaches the market throuKfa the oatporta.

WMk
Bft. r.
-

10...

"

17..

Rt trf at Ou ParU.
UM. 1MB.
itjav

aum

u.tn

Ncj.7.«7l

fUMiS

71 Ul.^

ai'k at

Inurlar

18B«.
I

tl»<»w«.

atewUfram Plomiw

KM.

MM.

ITJOS

Wjta

I

laM.

lS-<6.

n.isu si.as?
4B,U7 ai.lMI 47.0U

»A3I7

lUlti;; «4.S13

73.(W0

>>i i.<ii.ini

iu4:8

oat.

Ki3 irw.Ow.i ^TOJjxS

*>\3H

i«,i''" iw:

IM

IH

The aoore statem^at anowa— 1.

«iji«i «io.oi»ia)».ue7

reoaipta from
tile plaatattoaa sinoe September 1, itvi, are
__.
830,006 bales.
in 1885 were TOl.lTO bales; in 1S4I were 841.8jj bales.
S. That, althouifb the receipts at the ouiports the past week
W0re 197,168 bale*, the actual movement from plantatioa.i wa»
906,087 bales, the faalanoe giing to iocr-aae the stocks at
the interior towns. Last year the receipts from the plantation'
for the same week were 910,010 bales and for 1884 they were
..jtal

i

tn.B94 bales.
AMOOinr or Cottoh tx Stoar Ocr. 8.— In the table below
we Ktre the receipts from plantations in another form, and add
to tnem the net overland movement to Oct. I, and also the
ta kin gs br Southern spinners to the same date, so as to give
Btially

the amount of cotton

now

1880.

Baealpu at the portt to Oou 8
latettor stoeka od Oat. H In

w

islDts from plaotataa
astOTStlaaaiaOet. 1

~

'

npt'B to

Oet

1

TMBllaalchtOot.8.

188S.

1884.

1893.
I

6J0.959

713.889

7S.B30

iM>.f93

Il9,7i9

829.624

12.391

I» aj.i

sa.ouo

701,170
2-^,9 lu
S9,000

631.8.12

3B.00O

30.000

701,6il

798,080

723.313

878,8 SO

121.525

171.770

139,335

189,209

58«,«»1

•aeaas o( SepMBbar 1 . . . .

Tsk.

In sight.

600.006
IV.ttSS

037.230

WortlMni aplnoan' t«kln«s to
Oct. 8.

wUl be saoD by tbe above tkat the decmaae In unoant In alxbt
to-aUCht. aa eompared with laat Tear, la 91,4^ bale*, tlte tltwieaaa
aa eompamd with 1844 U 3o,S03 balea aad the doaraaso from la83
It

U

177,218 baiea.

WcATBas BCPOBTB BT Tkumraph.—The

weather has been
very favorable for crop gathering at the South durinf; the
wwk, and in cons^uence cot<on isbeing plcke 1 and marketed
quite rapidly. The temperature has been rather low at time^,
with li^ht frosts reported in portions of Arkansas and Tennessee, but without injury. In some districts of Texas caterpillars
are doing damage.
timvetton, Tvxat. It has rained on one day of tbe week,
the rainfall reaching nine hundredths of an inch.
Average
thermometer 70, highest 81, lowest 57.
l*aXtUn», r«Jffa«— There lia* been no rato all the week and
picking goes on nicely. The thermometer has averaged 6-5,
the hixnesc being 89 and the lowest 45.
UunUoiUe, Textu.—We have had no rain all the week.
Picking makes good progress. The thermometer has averaged
68, ranging from 47 to 83.
DaUtu, Teauu. There has been no rain all the week and
crop gathering has progressed weU,
The thermometer has
ranged from 48 to 83, averaging 67.
Austin, T«X(U.—'W« have been without rain all the week
and the work of picking the crop has progressed Unely, The
thermometer has ranged from 49 to 84, averaging 6H.
iMUnn. fKBtw.—Tnere has been no rain all the week.
Picking is p rogress ing finely.
Average thermometer 69,
'
taigbest 08, lowest 84. "
Coinmbta, 7»»u.—Vr» have had no rain all the week, but
it is too wet to do much picking.
Uuch damage has been
(lone.
Tbe thermometer has averaged &9, the highest being

—

where, and

it

is

435
claimed that

much

The thermometer has ranged from 49

—

and tbe lowest 3S.
Cusro, T«»w.—There has been no rain all the week. Much
damage baa been done by the recent storms and oaterpillirs,
and erop aooounts are oonaeqaently less favorable. The tbermooMter has averaged 89, ranging from 60 to 84.
Brenham, T«xa».—'We have had no rain all the week]
Picking is progressing finely. Caterpillars are reported every
81

is

being done.

Belton, Texas. Absence of rain during the week has favored crop gathering. Average thermometer 65, highest 83,
lowest 44.
have had no rain all the week
Weatherford, Texas.
Good progress is being made in gathering the crop. Th
therm meter has averaged 63, the highest being 81 and the
lowest 40.
New ih-leanx, Lonisiana. It has rained on one day of the
week, the rainfall reaching thirteen hundredths of aa inch.
Tbe thermometer has averaged 71.
Shreveport, Louisana,— The weither has been favorable
for pickine purposes during th9 week.
Worms are destroying
the crop where not poisoned. The thermometer has averaged
63, ran^inK from 46 to 83.
Columbus, Mississippi.
have had no rain all the
week. Cotton is nearly all open and is being rapidly^athered.
The thermometer has ranged from 42 to 76, averagiai; 58.
Leland, Mississippi. There has been no rain during the
week. The thermometer has averaged 636, the highest being
86 and the lowest 41.
Helena, Aricarisas. The weather has been cool and dry
with no rain durinR the week. There has been frost, but not
killing, and no aerioua damage done.
Picking is progressing
finely.
The thermometer has ranged from 44 to 80 ^Friday),
averaging 61.
Memphis, Tennessee. We have had dry and pleasvit
weather all the week, and picking and marketing make good

—We

—

—We

—

—

—

There were light frosts on Saturday and Sunday
mornings, bat no damage done. Average thermometer 61,
hiKhest 82, lowest 42.
Nas/iviUe, Tvrinessee.—We have had no rain all the week.
The thermometer has averaged S3, tbe highest being 81 and the
lowest 39.
Mobile, Alabama. There has been no rain all tbe week.
Picking is progreesing finely. Tlie thermometer has averaged
67, ranKing from 53 to 84.
Mout'jotnerij, Alabama. Tbe weather has been dry all the
week, and picking and marketing have made gixxi progress.
The thermometer has rammed from 4U to 81, averaging 65.
Selma, Alabama.— There hus been no rain all the week.
Average th-rraometer 71, highest 83, lowest 54.
Brmingham, Alabama. The days have been warm but
the nights cool during the week, with no rain.
Picking goes
on nicely. The top crop will be poor.
Auburn, Alabama. Thece has been no rain all the week.
It is very dry and dusty.
Good progress is being made with
picking. The thermometer has averaged 65, tiieMiigheat being
81 '5 and the lowest 46.
Madison, Florida.— Vfe have had no rain all the week.
The thermometer has averaged 67, ranging from 53 to 83.
Macon, Heorgia. There has been no rain all the week.
Planters are marketing their crop freelv.
Columbus, t^eori/ia. We have haJ no rain all the week.
Pickinic is making good progress, and the staple is being marketed freely. Crop estimates have been reduced.
Average
thermometer 67, highest 76, lowest 53.
Savannah, (Jeoryta. It has rained very lightly on one day
of the week, the rainfall reaching one hundredth of an inch.
The thermometer has averaged M, the highest being 83 and
the lowest 54.
Augusta, Georgia. ^The weather has been clear and pleasant during the week, and picking and marketing have made
good progress. Tbe thermometer has averag^ 61, ranging
from 45 to 83.
Atlanta, (ftnrgia. There has been no rain all the week.
ti-r has ranged from 46 to 79, averaging 63*7.
The til
AVigia. Telegram not received.
Clmi'.ri^jit. nouUt, Carolina.
There has been no rain all
t ha week.
The thermometer has averaged 66, the highest
beiagj&aari the lowest 53.
Statsburg, South Carolina. We have had no rain all the
week. Tbe thermometer has averaged 63*7, ranging from 49
proKrees.

—

—

—

—

—

—

—

—

—

—

—

—

to 80.

—

^Thero has been no rain all the
The thermometer has ranged from 46 to 74, aver-

Wilson, North Carolina.

week.
aging

63.

Tne following statement we have also received by telegraph,
showing the height of the rivers at the points named at 8 o'clock
Oct. 7, 1886. and Oct. 8. 1885.
Oct. 7, '86.

—

^

injury

to 84, averaging 67.

Rew

Oct. 8, '85.

Inek.

w(.

iPlM<.

JfUh

Above low-water mark.
8
12
3
6
Above low-water mark.
8
3
Noahvllle...
2
3
Above low-water mark.
1
8
2
Bbreveport...
4
Above low water mark.
11
Vlokaborg
3
8
1
Alwve low- water-mark
Nov reported kbove low-wawr marK, Inateail o( beluw hlgli water
mark as prior to Ootober 30. 1889.
India Ootton Movement from all Pobtb.—The receipts
nd shipments of cotton at Bombay have been as follows for
tbe week and year, bringing tbe figures down to Oct. 7,
BOKBAT UtOSIKTS AND RRIPStKXTS FOB FO0B TSARS.
Orleans*

Memphis

Skipmtnit

IKJM

wtek

SMpmenU

(treat
fear 0real OotM- _, ,
BrU'n. nan*. **'<"• Britain

1886 3,000 e.ooo
1885
2,UU0
1884 2,000 7.000
1883 2.000 8,000

Since Jan.

Oontinenl.

1.

Beceipte.

ThU

ToUU.

Week.

8,000319.000 li70,00C

989,000

2.00oUl!»,000 ItlO.OOO

(189.000

6.000!I,408,000
2.00U 1,U00,OOa
3,000 1,995,000
7.000|l.970.000

9,0O0il!»'<,0<>0 K.'iO.OOO 1,128,000

M.OOOIUK.OOO <0.t.000 1.2M.000

Teat.

THE CHRONICLE.

43^

w

AocorOing to cho rorexolng, iJouibay appears

sftow un

imreasb compared with last year in the week's receipts of
4,000 bales, and an increase in shioiaenta of (1,0!10 bales, and
shipments since January 1 show an increan« of 304,000 bales
The movement at Calcutta, Madras and other India ports foi
the last reported week and since the Ist of January, for twc
"Other porta" cover Ceylon
veare, has been as follows,
Tiiticsorin. Kiirraohee and Coconada.
«Mpm«n(« for
Britain.

Oaloatta—
1886
188S
Midrat,—
1886
1886
All others—
1886
1886

BMpmente »i?»«« Jawiaru

the vietk.

Continent.

Oreat

Greot
Britain.

Total.

37.00O
18,000

3,000

2«,000
9,000

3,000

31.0)0
9,000

7,000
10,000

60.000
ol,000

48000
49,i>00

106,000
lOO.OOo

11,000

118,000
119.0<0

80.000
67,000

234,000
186.0C0

3.000

4.0M
4,u00

7,000
6.0(10

4,000
4.000

The above totals

for the

Total all—

1886
l«aR

the ports other than

Total

Continent.

GO.Oon
09,000

1,000

1,000

3.000
6,000

i

lo.ih

97,000
77,00<.i

week show that the movement f rooj
is 1,000 bales fiiore than same

Bombay

week last year. For the whole of India, therefore, the total
shipments since January 1, 1886, and for the corresponding
periods of the

two previous years, are as follows:
EXPOBTS TO BOHOPB FROM ALL IKDLi.
1885.

1886.

Bhipmtnlt
ta all Surope
trom
All otlier porta.

Binct

Jan.\.

voetk.

Jan.

8,000
11,000

989,000
2.<4,000

2,000
10,000

685.000
ISd.OJO

12,00.)[

19.00i> 1.223,000

12O0O

871,00;>

2l,00O 1,374,100

Total

8ine*

Hmcc

Thii
voeek.

—

Bombay

1884.

TM*

Thii

Jan.

vieek.

1.

X.

9.000 l,12j,000
24ii.l00

—

Alkxandiua Receipts and 8hipmb!nts. Through arraufsitments we have made with Messrs. Davies, Benachi & Co,, of

1886.

Oct. 6.

KeoeipCB (oantars*)—
TUlR week
Hinnp s»i>t 1

XAK

week. Sept.

•...

A oaQCar Is 98

9,

00

1.000

3,000
12.0 '0

e.ooo

Total "Enrot^p
•

5,000
1,000

1.000

favorable results, superior to tho^e at this date la-tt year. Worms and
the fogs are still to be feared, mainly duiiug the next Ufteen or twenty
days.
We have noted the different times at which the first galherlag will
begin iu each province— it results from these data that the dela.y meottoiied in our former summary is still further reduced, and the croo is no
longer more than on the average uoout eigul days late lor Lower JEgjpt
—lit course taking o :e province with another.
At the beginning of August tha Nile had reached a lorel high enough
to dispel all uneasiness upon the subject of the want of water, and from
the lOih to the loth of the same month the irrigatluu "liel Raha"'
became general iu all Lower E ^ypt. We shall therefore uo longer have
to consider that question for this year, conflulng ourselves to the expression uf wishes that the rise of tlie river, while aban<taiit enough to permitthe good sowing of cereals in Upper E<ypt, miy not become anywhere dangerous euough to inspire fears of inundation.
We have just received the oUioial statement of the quantity of fedtlans
sown this year in cotton iu Lower Egypt. We thaak very sincerely the
government of His Highness for the kindness which he has shown us In
sending us this acceptable commnuication. This is the statement.

<i3,OiiO

TMt

1

vieek. Sept. 1.

1.

General Obsercaliifis.—.Va we have stated in above details, the information which our uurres,ioudent8 send us is 8atl^faotory ou the whole;
nearly everywhere the cotton plants are prosperous aad promise to-day

2.1,000

Since

Since

Ecportfl (bales)-

To Oontlnent ....

55,000
93,000

50,000
82.000

week.

Sept.

>.

3,000
1,000

fi.OCO

2.000
7.000

4,00!>

s.ooo

ft.OOO

2,cOO

Ibc.

This statement shows that the receipts for the week ending
Oct. U were 50,U0O cantars and the shipments to all Euroue
6,0U0 bales.
Manchester Market. Our report received by cable from
Manclitfcitr to-night states that the market is quiet tor boih
give the prices for to-day below,
yarns and shirtings.
and leave ihote f ur previous weeks of this and last year for comparison.
1885
1886.

—

We

^

Iviitt.

d.

Aug. 6
•

7

J3 7
20 7

R.

d.

®7lfl

5

»i

S7H

5

6

A.

a7i» 5 6
" 27 7
fl7-j 5 6
&cpt. b eiBi,-7'u 5 6
•'

5
»"»« 6
I" 17 7
.1" 24 7i8 »7»8 5
Oct. 1 7M 97h 5
Hi"

'•

i<

Oott'i

SM a>:
BKirting:

82< Oop.

ril5.,_77,|,

8 73,„_7ii,„'5

a.

«6
«6
«6
«C
«6
ati
«6
a6

d

d.

6

5a i«

6

.«».«

d.

d.

m ws^j
»8%

»

7

5
3l,8t»81|uj5

7

6

Sifl

6

519

6
7

5^16
5>4
538

7'«»6

7^

5iifl

illi.a8'lit 5
«859 i
3
«8=8 5
^
7'"i.1l8»it 5
7lEjfla89i,:5
«8->9
i
5

7>3'»fl

7",

55,,.

S

6
7

d.

'1.

S>8

tS

6

Oottt,
ID*-

ai8^

5

7
7

1

4.
1
1

fta,.

1,7

1

5;,.,

971

i>'i«
b'lfl
t>',«

S

2

.>>«

8

97

2

519

7

Vi«

Charkiob.

.

GarbiiSh
Galioublih.

Menoulieh.

II

465,6111110.763 73-/y 95,3 Ji l,i7o
434.303 133,820130-38 129,360 2,950
90,275 40.588
462,367 157,727 34-]
83!i,980
275,125J32-80 202,803 29,290
289
187.180 37,2-20;i9-o3 33,453
749
351,710 lll,453;31G9 73,56

H-116 2,540 135
250
1,200
263!
1
23.813,171
1,267
100 117
36,729
320! 87

26,597
19,')48

'.740.21 1 '«2fi,1 14'30-IS'«26.7(il'7.'>.936 06.31

27.299."ill

P.8.—AMiXANDitiA. Sept. 10, '86.— The fogs so far have done no harm.

—

Egyptian Cotton Crop. Our correspondent at Alexandria,
writing unf^er date of September 13, sends the following report of the General Produce Association of Alexandria,, which
we have translated and give below. He adds, there has been
no change since the date of the circular, which is Sept. 10.
Al-EXAMURIA GENEBAL PBODCrE ASSOCIATION (COTTON-GROWING
8ECTION.1— The followlBg Is a summary ol the answers received by us

The Cotton Crop

Bihira.—The temperature of the month ol AuBUSt has been as favor,
able to the cotton plants as that of the months of June and Juljr; on all
sides they are pleased with the tine appearance of t!io plants and with
the abundance of the tlnwers and of the fruit.
'^The worms, after having disappeared, have returned in some localities; fhi-ir de;>red ttious up to rhis time continue to bo almost in.signllioant, hut tbelt presence uaturallj" causes uneasiness. Partial fogs have
prove

in

the Memphis District.-

Fontaine & Co., of Memphis, issued to-day (Friday) their
report on cotton for the month of September, as follows:
"ThesciBon ha.ibeeu more favorable than last j-ear up to this point,
e-tceptin'.' iu Missi,s«ipi>i. where too much wet weather Is complained
Picking is progressing rapidly throughinit tlio distrltt, and it is
oi
estimated that 15 per cent of the crop had beeu gathered up to the 1st
of October. The damage to the cro(> from dronghi, shedding and russ
Hill,

siist lined in August has not been aggravated by unfavorable se^isons,
and the prospective yield of the district indicates an increase of fully
7% per cent as compared with lust year. Arkansas aud Tennessee show

to the questions sent out Aug. 15, 1886:

tliey will

= £.£

Uakahliiih..

1.

been signaled to as from several directlousj whether

•3

15

Bcbcra

Cotton Consdmption and Overland Movement to Oct. 1.
--In our editorial columns to-day will be found our usual
Overland Movement brought down to October

C rope of Col t-)'.

5>a

1
1
1
1

7

Later
Egypt.

50 'd

«7
»7
w7
«7
»7

7
7

OlastifleaJL' nof the

UuUli

»7
©7

».

Cnttnn,

Moudirti ">».

SHid.

BKirlmiie.

IwiMi.
1

3U

fi

SH

82< Oop.

Uid
Vpl

—

fiom Fayoum,

1384.

1885.

harmless or Injuiious will not be known until after a few days; but in
Kcnerni It is thuuKht that they li^ve not Deen heavy enou;(h to seriously
injure the plants. The flrst gathoriog will begin towards the end of
September In the southern districts of this province, and abaut the 1st.
of October for those in llie north.
C/lor/.trA.— Here also the cotton plants present the best aspect and
i;ive the srcatctt liopcs, but they continue to foar the fogs and the
worni.-i.
Xheso latter had almost entirely disappeared, when towards
the 15th of August new eggs were hat.hed in several localities, particularly in the district of Moraliih, where some fields were literally
ravaged. Fogs have been mentioned since the Itih of August, but it
will be neoestar.v to wait several days before their effdots can be known
The
It Is hoped, however, that they have cauid no serioui harm.
gathering of crop will begin from the 15th to the 20th of 8eyteaiber.
Dakahtiih. The information from this province is very satisfactory;
the plantations are prosperous, and although the wormi h ive persisted,
in showing Iheuiselvcs a little everywhere, the injuries up to this lime
are hardly noti' eable. Some fogs bare appc-ared during these last
tifteeu days, but it U said that they are light, a id it is hoped chat tlicy
have not been very injurious. The first gathering will begin from the
30ih of September to the 15ch of October, accordiug to Iho louality.
ead'ouhi'cA.— Very gotid also; the worms have eatirely disappeared,
and it is hoped that thev will not shjw them wives aga n. The harve.it
will begin about the 20lli of September.
GacftieA.— The infonuatUm from this province is very favorable on the
whole, although some localities express rather serious coiuplaiats upon
the subject of worm-; —these are Chabas, Go Idaba and some viilagej in
the district of Kafr-Xaiat that complain the most; but after all we think
it can bes.aid that the damage occasioned by the worms up to this ti«i»
is limited and partial; although disastrous for those whose Holds are
attacked, they are nevertheless of little InH'ortance cousldering the
totality of tlie harvest.
Every whero ihay hjive mentioned fogs more or
The harvest
less heavy, wiihout perceptible damige, up to this time.
will begm from the I5th to the 3uth of Sept. according to the distiict.
Uerto«/(f/i.— Better and better; the worms disappeared a long time
ago and their iiuuiies have been almost ut^ Fogs partial and light.
First gathering from the 15lh to the 2 jth of September.
Fayoum. —They continue to have the best opiuion of the harvest iu
this province, the plantations not having be
reauhed by the worms or
the foss. The hrat gathering began there ab lUt the middle of August.
£e/ii-.Sat(e/'. -The iufo.mation from this proviuce isthasauieas that

M

Liverpool and Alexandria, we now receive a weekly cable of
the movements of cotton at Alexandria, Egypt. The following
are the receipts and shipments for the past week and for tb>
ooR^pondinK week of the previous two years.
AletaiMTMi., Mavvt,

[Vol. XLlir.

favorable proipeots. In the form->r State the increased yield
at \fi^ oer cent, 111 Tennessee at 13 per cent, Alabama at 2'a
The.
per cent, while Mississippi shows a decrease of mi par cent.
rapidly to market, and there is no disposition on the
luoxing
staple is
part of the planer to hold his cotton for higher prices."
ilie most
la placed

I

'

* " Bel Raha"— a phrase employed by the Egyptians to Wgnify that
the water goes of itself Iu the llelds, without the use of any elevating
maclUue.

October

THE CHRONICLR

0, 18Sr.|

JcTE Burrs, BAOaixo, &c.— The market for bagging haa
been only tnuderatoly bu-iy during the week and but few large
parceU are mOTing. Orders are limited to supplying the
present wants of consumers, but the aggrei^ate amount of
stock taken is fair. Prices are steady and sellers are quoting
6Vc. for V4 Ih. T^c. for Pilb. 8c. for 21b8 and 8^c. for standard grades. Hutu are in lair demand and sales are reported
of about 3,000 bla at l^s><^l ll-lSc. for paper grades and
2 3-16(tf 234C. for bagging quality, the market closing at these
flfCnna. The stock on band and on the way aggregates 93,9U biB, against 88,087 bis same time last year.

The

is not accurate
•• the wveica in different years do not end on the same day ol
ibe numth. We have oonaeqnently added to our other standing
tables a daOy and monthly statement, that the reader may
ooostaotly have before him the data for seeing the exact relative
The movement since
Miate ent for the years named.
BefMember 1. lSfi6. and in prpvioiw years, has been as follows.

i

\»t«.

fl^fab'rl 359,303
fsn^taseof tot. pnn
rMShtUBcpi. 30

1884

1883.

1882.

389,043

S4»,442

848,812

326,626

1881.

I

429,777

"

«....

••

3....

••

4...
»...
6...

••
••

07-09
0)-43
C9 10
to Sjpt. 30 the reoeipcti at the
bales less than in IH-ij and

07-«3

"

ft

1883.

1884.

1883.

1882.

1881.

8S9.203
90,13i

389.042,
31.731
27.75i

34S.44}

343,812
33.588
33,803
23,430
34.980
33.3*5
37.134

82«,U«

439.777

a7,ii»«

33. 930

33,»eo
33.811
S3,a9»

2^.429

•7,»>8
s«.e»7
X7,4«9
31,080
8l,9ia

.

8.

•8.401
31.11 »!

8.

14.S3t>l

40,845
37.1e3

31.4411

3<J,S28

19,012

8.

30.981

8.

a.\.l77

36,637
27,147

85,140
83,46l>

23S39

3«,4i;

23.398
43,081
33,710

31231

8.

49.889

8.

-i-

&80.49I

583.157

555,070

580,781

of total
rM>i»* Ort. s

lOOO

H02

11-70

Total

3,6'i0
4,14')

Charleston.

<«alvMton .
Boston ....

......

TMal.

17,590
IS,541
17,508
3.650
4.140
1,383
1,061

201

54

2,530 13,22a

36,591

Total.

3j

......

^

1.329
1,061

PliUadel'la.

Tar-

burg. Qenna. mo'lh.
l.a-^s*

9,997

33

1,433

51

63.861

Below we add the clearances this week of vessels carrying
cotton from United Slates ports, bringing our data down to
the latest dates:
QALVasioit— For Liverpool— Oot. 4—Steamer Prineeas, 4,777
Oct. 8—
Steauier WuoblDgiou City,
For Reval-Oit, S— Steamer CrjWQ Prince, 4,300.
^
ira% Oblkams— for Llveriiooi-Oot. 1—Steamers Beasel, 2,755; 8*mi,
4.500 ...Oet. .*,— Steamer Saa Juan, 5,513
Oct. 6— Steamer
.

5- Steamer Bentaupe, 4,2U5.
For Havre—Oot. 2-dl«aiuer Tbane, 3,340.
Fur Bareelooa—Oc't. 2-Bark Eximna, 1,8' 0.
StVAWWAH— For Liverpool- Oct. 6— Steamer St. Asapb. 5,474.
WimixOTos-For LIverpo -Oct. 6—Steamtr CuibU B»r, 4,465.
Norfolk— For Liverpool -Oct. 7—Steamer Hu^n, 6.751.

Oot.

408,071

28—Steauiar Intrlan, 1.408
Sept.
8te>iincr Pavonla. 5.54
Steamer Palealiue, 2,079.
Oo'.
ll.ilirtx— Oct.
Steamer Uerrlmaok. 100.

UosToN- {''or

LlTHrp<K>l-8epl.

4—

For

2—

F.ir Mt'tettli-io. N.

8 —Oot.

6— Sohooner Brw,

4— Steamer

«3d,397

29—

I.

Baltimoke— For Liverpool- Oct. 2— steamer Barrowmore, 3,913

Oct.

.Sova SootluD.
For Bramcn- Oct. 6— Steamer Uonaa.
PmuADBLrHiA- For Llven>"ol— Oct. 5—Atesmer Britlata Prince, 1,197.
.

.

Bax FbaHOUCO— Fcr Llverpool-Sept. 27—Ship

1888.

" 7...

OnUen-

vooL Lcilh. Bavre. Hamh.
9.558 2,53« l.S-jO i,B50
.5,000
11,640 1,697
.V. Oriaaiw.
Bitvanhab.. 11, -56
6,650
Yortt.

'I

0715

ports this year were 29,439
The
13,756 bales less than at the aame time in ISSi.
fVoeipts siB«e Heptember 1, 1888, and for the corresponding
|>#rioa of thit flve prwviou< years have b»en as followit

Oct. 1...

emt

and

Liver-

New

CBfi.asTox— Fur Liverpool— Oot. 2— Steamer Budapest, 4,574

1885

ThMMaciment shows that up

m.Sp.so

A nhe'p,
C'opeuBrtnt- hageiKt

B'M

Lecliilatar, 3.753.

T»ar BtgiHtUng t^t tm t ar 1.

JtovlAJy

particulars of these shipments, arranged in our osoal

form, are a? follows:

OOKPARATTVB Port Receipts and Daily Cbop Movksiknt.

—A comparison of the port movement by weeks

487

Below we give
sels

AAsa>-e, 131).

news received to date of disasters
carry cotton from United States ports, i&c.

to ves-

all

OESSOt'ii, Rteaiuer, at Savanoab loading for Pblladelphln, Are broke out
nigbt or Ol t. 4 la carxo. I.«wi tbau '.^00 Oaii^a coitoii ware stowed
In forward bold witb a little oiber frt-lgbt. Tiie bold waa filled
witb water and the lire subdued. Damage to iblp and cargo confined forward. After cilscbarge uf cargo and survey tbe bieamer
waa to prooeeal on tbe tilb.
Eaumo, steamier (Br.)— A lighter wItb 136 bulcn cotton for steamer
Kallog (Br.), at SavaunaD for Liverpool, sunk luKining Sepi, 29.
Theouuon. wblrb WKS reoucred. was sllgbtly damagiHl. A survey reoommended all to go forward, ubuui JO bales ou deck.

Ootton

frsiachts

the past week have been as foUowa:

;•

08!

13-52

inia Mauuiwii.1 •uuMF* uuM. Una reuoipla suioe tiept. 1 up to
now 3,334 bales more than they were to the same
day of the month in 1885 and 31,413 bale* more than they were
to the aame day of the month
1881.
add to the tablp
the peroantaKes of total port receipts whioh had been received
to Oct. 8 in each of the yean named.
lo-oigfat are

m

We

Tbb Folxowirq abb TBS CMooa RaotiPTB or Cotton

New

at

York. BoaCon. Philadelphia and BalUmore for the past
week, and sine* Soptamber 1. I8M.
Bo«RO«.

irsw ToBs.

TVf

fnm-

TMj mtu*
•w*. m^.\.

atm*t

WMk. nm.x.

n»w OrlMu.

II.OBSf

StJ74

r«<u

11.717

<M.43a

O.IOI

S>.M4

aartBOkb

.

.

Moon*

..

riorKIa

U«

TM*

aim**

•.4*1

tn

114
•

1,-*

ITS

Tkto

attu*

ten

8.904

...

Ho. CuoUM_

SM

lajiu
i/sa

I.I«

*»*

5ja

.

•

tHj

V»n

m

06

%JMf»

Ml

7U8

MS

Its

708

Kortk** porta

17

IT

•Ml

•SM
vtjim

Tsuusoti^ai
raroum.

ai«
s

1.414

iSi

tm

».7*>

tiAn

tPbtt

e.os7

I.4M

6,37i

R«»J

ri.ius

X.MV

in.noa

!,.**

r»-.2

LmC

timf

'.t

.

w

the CHBomcu bat Fri^fay.
With r^ard to New York we
iaetade the manifseta of all easela olMired np to Thun>d»y.
Al»»k».

..
Liverpool,

'.'cil

To

To
To
To
To
To

Tolatbalt*.
1.860....

tntmrm

per

.\iir:iiiu.

Adriatic.
ot BlcluDund,

Utr

1,01(>

41

I."
|i
I

•

II

I,lli()

1.0D,>....Taoniiins. e.s >..
l,54-,<....Rh7aland, 402...

• .

A

Toi
T.i

.

Ino,
lino.

.iiii>,
•

l.r.so
8»;l
1,7.51
1,'(I4

\2%
100

125
1(0
33

y.i

rKteaturt Ilayllnn. 5,000
,.il:.

."s.roii

->i3....Yorkatj-. 4,597 11.H40
"7

1697

:

'

1

204

jUok. C<,l34....Kate,

To Bicnirn.prr trainer Annlo. 5,SSO
i„r .t,.»io*r Amnhyar, 3.050
•rtjiiieo, 4.140
osT"'« -To
, Uitilla, I10....NorM'niaii

OAi.vKXfnw-

I.

,

1

,

11.896
6,650
8,«50
4,140

I

HP...

'

To Yannou; ij,

,

HUMu.er Ooiuiiilnn, ."^4
rnLADBL,rillA-to UTOrptol. p«r ateamor Lord Cllre, 1,061...
pt<r

„

...

....

.•

»n

Do

sall....e.

Do

l,3''n

>••

.*..

..•

• *•«

list

>'3.

»M

«'..

...

....

....

4J'
..•

4S«

45'

73,«H

T,a«*4

7„8U

45*
.•*.

in*^

TjS»««
....

....

....

...a

.--•

k

•4
>4
«*
Baroelona,st«am i.
M
Q«noa,steaib
d
la
'»!
'ai
^4t
''n
•4
>*
Trieste, steam...
H
U
U
Antwerp, steam.^. *,«»», •.4»»» •»4»»»> "««»»« •«4»

Par

>4

hi

H
S>

•<4**i

l«Mi liM.

—

By cable from Uverpool, we have the followhig
statement of the week's sales, stocks, &o., at that port.
add pfevJoQs weeks for oompariaon.
LiVKBPOOL.

Sain
hli-i^^l^^

We

week

bales'

O^rtTi^exporters ^»« ....
Of wbleb speouiaiora Uiok..
tales Ainrncau
I

Aetoal export

Forwanled
rntal stock— Estimated
Of wbiob Ametloao— Estlm'd
rotal liuport of tbe week.....

Of wblcb American

amount afloat
Of wtalota Amnrlran
I

,

,

17

77,000
3,000
5,000
en.ooo
2.000
7,000
381,000
223,00C
25,00(
11,00c
50.0O<'

27,0OC

SepL 24

OeL 1

79,000
2,000
8.000

Oct. 9.

63,000

63,000
5.000
2,000

3,0<<0

O.OOU
45,000
4.000

56.00(1

3.000
5.001
5.000
333,000 •377,iH>0
IHO.OOO I^OS.OOt
IS.fHK

4'i,000

4,000

348!0D0
183.000

:f3.oo<'

11 ,m •<
7«.tM».
40,UIM.

211,000

It)

23,000

HH.lMHI
52 fH)0

l','»,000

•.;

1

.CK

93,000

73,fi00 liiili-n add.d to stork.
Of wblpb ol.Oju bales Anifilcan.

The tone of the Liverpool market for spots and futures each
day of the week ending Oct. S, and the daily closing price*
of 8pot cotton, hare been as follows:

8^.

Xolwnlay tfontfay. Tuitday.

Market. { Moderate
U:^ui- M.(
Opl'da
iiid.Orl1u.
Hid. Aalee
.

a,iec.dtexp.

5»8
SI*
7,000
SutJ

8tmdy.

5%
5'i«

10,000

900

Wtdnsi fAurnCy. rridat

Moderate
Barolr
supported demand.
5»9
5<«

7,000
1,000

Firmer.

9»is
57,e

8«,s
9'18

8,000

12.000

500

1,000

In huyera'
fttvor.

57};

8.OOO
1,0U0

Future*.
DnII at

Bs«r

Dull at

at 1-61 de-

l-n4d>)oltne.

ttsrket,

?nlet at

12:30P.M.

elme.

ollne.

cioe.

Firm.

Weak.

Steadr.

51
1,011

>.••

*ia

..

--..

..••

^i«

--•'.

45*

'm»'4

....

^It
•l«

•«*.

d

aaU

'

..••

•••

*lt

45'

Ball...e.

Beval, steam... d.

*IS

..-.

Amst'd'ir.fteam e

Do

Pri

fhiirf.

»l.

•

>'«

•

I.IUO

-tir, l.sao
."0 ...KIlM. 490.

II

CI»»Rl.R»Tiii»-T.. Iiv.i

....

'it

Hamburg, ste«m.e.

o,.-,:s^

1.430
I- 1
HK)

1

Ba'.

....

^S

Sept.

taimiiu t I'W .—The Muona of eonon from the Umu d
8latc8 the pat-i
«k, as per laUH mail returns, have reached
bu far as the Bontbem ports are concerned, theee
OTJB61 balea.
«ra the aame exporu reported by telegraph, and published id

_
Kew _
To
Toax— _

e.

r4

ujm UMIl
l^7.>M<
«

ThUfMr...

tall

....

'u

>1S

*

•n

••

...

'l.

Bremea, atssm-.d
Do
saU ....If.

..• ••..

SJJ7I

sall...d.

Do

W*dnn

•isB'js "44 ''ai I».4«'»a» Wi4»'j> »»..*'S2 "«4»'si

Bavre, team....e.

BAimiOKB.

«Mk. a*n.i. wwk. awci.

.

••.CwoIlM,.

IrslaU

PaiLADSLPB'A

Do

d.

Am*.

JTon.

aaJhir.

Uvsrpool, steam

Market,
4 P. w.

.04 do-

I-II4

do-

steadr at
1

j>4

ad-

Vory

Bareir

steadr.

sroiidr.

nnll
at

2-fl4

do-

Kasr.

THE CHRONICLK

438

The opening, highest, lowe»<t and cloeing prices of futures at
Idrerpool for each day of the week are given below. These
prices are on the basis of Uplands, Low Middling clause, unless
otherwise stated.
The prieet are given in pence and eitkt, thu§: 4 63 means
and 3 01 meanM 5 1-64<1.
'

Hon.. Oct. 4.

8al., Oct. 3.

Tnes., Oct. S.

XLUI,

[Vol.

$2 009 2 65 Bouthem baker'' and
2 2>» 2 90
tamlly bt'ds. $bbl$3 409 4 65
2 803 3 20 Bye Sour, supemne.. 3 159 3 40
3 309 4 60
Fine
2 30® 2 60
Wintiralilup'K extras. 2 85» 3 25 Com mealWiutor XX & XXX.. 3 40» 4 55
Western, Ac
2 350 2 80
R..i*nrt-ewln*» *#»
Paten t8
4 25 » 5 00
2 85«»
S vitbem snnerg...... 2 609 2 90 B'kwh'tflour.SlOOlbs 1 90» 2 20
Soatb'n oom. eztrat.. 3 009 3 35
Fine

bbi.

.V

Superfine.

Spriux wbeat extras.
Mlau. olear and stra't.

1

Optn BigA Low.
d.

01i».

d.

«.

6U

Veb.-March 5 07

514
608
SOA
606
506
607

Mar.-April.. 6 09
April-Mitr.. 5 II

5 09
5 11

6 07
5 09
5 11

5 07
5 09
5 11

S14

5M

5 14

514

October

—

Oot.-NOT....

KoT.-Deo.
Deo- Jan

.

5 06

Jan.-Feb...

May-JULO

B08
506
508

.

Ovtn
6 IS
5 07

5 06

5 05
6 05

606 506

October
.

Low. CUM

d.

d.

d.

6 09

5 10
5 04
5 03

6 09

Oct.-Nov.... 5 03

NOT.-Dec.

B<g?:

SOi

Dec-Jan

5 02
5 02
Jan-Feb
Feb.-March 5 03
Har.-Apr .. 5 05
Apr .-May .. 6 07
Uay-jQne.. 5 09

5(3
5 03

504
5 06
5 08

d
5 10

503 504
5 02
5 02
5 02

5 03
5 03

5 03
5 05
5 07

SOI
508

5o:<

5 OS

510 509 610

Op«n Bigh Low.

Lov. aUu
d.

5 03
5 05
6 07
6 09

507

5 04
5 04

5

5 0J

5

5

01
01
04
03
07

fl.

d.

5 10

510

504 504

5 04

5 03
5 02
5 03

6 03
5 03
5 03
6 04
6 06
5 0i
5 10

Tbnrs., Oct. 7.

Opm

Bioh Low.

513
506

6 03

SU2
603
504 BC4
SOU 5 06
508 508
511 511

507 5
511 511 609 509
5 18 513 51« 6 12

5 09

d,

5 10

d.

618 512 5 IS
507 506 506

505 6 05 5 04 6

Wcdnea., Oct. 6.
Open

d.

A.

4.

514 514
508 508
5 06 506
5 06

Bitl\

Open BiQh

Olos

6 03

503
5 02
5 04

506
5 08

510

d.

d.

d.

d.

d.

5 12
5 08
5 04
5 01
5 01

5 11
5 05
5 04
5 03
6 03
5 05
5 07

511

510 510 5 09

5 09

5 05

5 03
5 02

5 02
5 01
6 01
5 01
5 02
5 04
5 07

d.

5 02

501

5 03
5 05
5 07

5 0i
5 03

5 01

509 509
512 512 512 512

5 08
5 10

5 05
5 07
5 09

504
5<3

503

5 02
5 OS
5 05
6 08

510

d.

5 01

5 02
5 04
3 07
5 09

Wbeat8prlng,per

609

SM<{pt< at—

BREADSTUFF S.

FUmr.

omcaso

69.2(i8|

Toledo

6,IJU6

Detroit
Cleveland

2,889
...

6.537

...

19,230
2,023

was
The wheat market declined sharply early

full orders.

in the week.

58
S21fl

38
31>g

34% 9 36

a

82

Bai ley- New Canada 73 ® 85
Peas— Cacaria
66 •» ....
Buckwheat
55 -a 56

The

bull party apparently lost all confidence, and " unloaded ''
The decline was checked on Wednesday
at the bf st bids.
morning, and the market has since been variable and unsettled, an advance this morning in futures being lost in the

Com.
Buth.6»

Rye.

Barlsy.

Oatt.

lis ftM)l.32 Ui«'.Bu«ft.48(6»l,»llrt.6fl Ibi

23,520
52,53U
28,870
16.100
114,650
176,100

915,570
79,100
6.302
25,193
38,200
127,305
323,150

472.040
245,849

1,782.857
2,808.014

1,509.825
8.021.363

1,372,078

12,730
6,240
2,730

19.226
11.100
15a.50O

12,381

13,^00

9,000

913.915
852,936
618,420

43,081
101.741
179,010

1,173,M1

Same wk.
Same wk.

'85

84
Sinct July 24
1866

1865

;

general market

75

State, six-rowed

o

..

.

47
hi
48

468,634
329.403
48D.610
258.090
67.806
151,308
12.500

ICa.OOtJ

Ullwaukee...

Tot. wk. '86

1886.

The decline in grain early in the week had little effect in
the markets for flour and meal except to check the demand ;
prices suffered no material reduction in fact, good lines of
To-day the
low grades of wheat flour were not plenty.
had

4S%
47

Wheat.

Duluth
8,

54 «
29
84 o
3014%

SI)!*.19flii»JBlMll.60U)»

Louts.
Peoria

Fkidat, p. M., October

Rye— Western. $ bush.
87 J«
State and Jersey
82
Oats— Mixed
White
84>s
88
No. 2 mixed.........
No. 2 white
87
Barley Malt46

The movement of breadstuds to market is indicated in th0
statements below, prepared by us from the figures of the New
first give the receipts at Western
York Produce Exchange,
lake and river ports, arranged so as to present the comparative movement for the week ending Oct. 2, 1886, and since
July 31 (or each of the last three years:

81.

dull, but the city mills

78 •
80 ft
S3i3»
75
80
43
45
45
45
48
46

bniita.

BprlnKNo. 2.i<ew
Bed winter, No.
Red winter
White
Oom—West, mlzsd
West. mix. No. 2.
West, white
West, yellow
White Southern..
Yellow Bouthern.

We

Lovf. Clot

6 03
5 02

5 07
6 09

d.

510
504

FrI., Oct. 8.

5 02 5 02

5 04
5 04
5 04
5 05

Olot

1884

209.057

2,914.722

197,4111

1,907,149

191,783

3,675,515

2,397,279

1,781.853

1.715,072

,"11,891,802

22.628,728

19.100.240

1,230,083
1,808,059

17,548.849

20.801,037

16.698.453

5,338,952
2.487,H88

735.639
917,205

82.078,031

2l,210,<i30

18.929.281

2,553,961

1,930,818

The comparative shipments of flour and grain from the same
from Dec. 21, 1885, to Oct. 2, 1886, inclusive, for four
show as follows:

ports
years,

1884-35.
8,236,293

188.'^-86.

7,887,846

bbls.

Floor...

Wheat

bush.

44,064.821

1882-83

1883-84.
8,414,6B6

38,474.fll7

6,793,443

Com

65, '253. 2.51

75.984,599

48,930,161
66,713.456

The lower prices caused a brisk demand from
local millers, and shippers for a time bought quite freely, but
the scarcity of freight room for this month kept this branch
of the business within narrow limits. There was much depres-

Oats
Barley

38,S)B8 6-<1
6,:i39.y77

42,028,2-11

41,l'i2,777

I,177,b79

3.430,139
1,531,081

3.525.C31
4,803,309

33,57J,805
5,S12,600
4,663,313

Totalgraln.... 155,806,509

161,443,687

165,160,354

170,914,709

sion in the last hour.

The receipts of
week ended Oct,

later dealings.

DAILT CLOSmo FSIOBS OF NO. Z BED WtNTBB WHEAT.
Sat.
Mon.
Tuet.
Wed. Thnri.
83ia
841?
84
83ifl
....
elevator
In
SJ^
83
S4
83ifl
83
October delivery
SS'a
87^8

85>a

87%

84is
86I4

January delivery

89^

delivery
June delivery

\)i''a

SdSb
Si's

931b

Movember
December

delivery
rteiivery

87%

84%

b<i\.

88

8458

SdM
87%

Fri.

hS\
8278
84>4
Si's
87=8

93%
94%
Indian corn also sharply declined early in the week, under
a free selling movement. A fractional recovery was lost in the
late dealings to-day, and the close was at about the lowest
figures of the week. This staple, even more than wheat, has
found its export movement impeded by the scarcity and
higher rates of freight by steam to British ports. The demand
for white corn has been considerable, and this grade has been
better supported than mixed. The whole market was weak in

May

93»8

eSSs

DAILT OLOSIDa PBI0E8 OF KO. Z MIXED COSN.
Sat.
Mon. Tuet.
Wed. Thuri.
45 'a . 4533
H^H
October dellverv
45%
45>a
47%
47 ' 46%
4678
Noven.ber delivery
4608
48J«
48»8
4'^>9
47%
December delivery
4778
48I9
49'4
4838
48%
January delivery
48%
i'itH
49
February delivery
48%
48^8

50%

Si's

delivery

bOH

50^3

Fri,

44>a
4508

47

21.30.'i

Philadelphia..

Baltimore

Biohmond
Orleans..

OF

Tuet.

81
32
33

30%
31%
32%

30^
3Ha

36>fl

36

•

32%
36i8

Wed.
Bo's
Sl^a
32<«
36>4

450

114,415

119366
.j5,69:l

13,749
291,501

The

bush

47,776
6,055

10,238

27,870
7,230
105,789 25,200
44.130
16,232

11,445

652

29,'i50

Total week... 356,650 2,089,508 1.770.965 1,147,643
week '85.. 255,156 1,163,526 1,261,078 1,204,521

86,261
55,670

22,335
2,i50

same ports for the period from Dec,
compare as follows for four years:

total receipts at the

21, 1885, to Oct, 2, 1886,

.bbls.

Flour.,

bush.

1885-86.
9,715,792

1884-85.
10,045.659

1883-84.
9,900,665

52.397,f>57

36,853,379
68,099,046
33,733,120
2,499,441
8,751,519

50,694,185
37,137,301
24,401,022
2,551,935
4,162,606

63,97.-1.557

,

29,419,976
2,840,375
475,416

Oats....
Barley.
Bye....

Total grain....

Exports

from—

Thurt.

Fri.

Bosoon. .
N. News.
Montreal.

30%
31%

SOi

Pulladel..

31
3178

Baltim're

35%

Eliohm'd

32>i
36'4

121,708
139,503
307,9*2
52,813

272,552

Barley,
bush.

149,109,311 142,061,005

1882-33.

10,276,677
50,075,939
70,;4ti4,138

23,766,020
2,3',i-.!.482

3,924,0.12

119,000,049 150,452,611

The exports from the several seaboard ports for the week
48
49% ending Oct, 2, 1886, are shown in the annexed statement:

NO. Z OATS.

Mon.

Bat.

18,8»7
45,341
3,670
15,220

bush.
651, «20

Oor.

New York

DAII.T CLOSINO PRICES

Oats,

bush.

128.126 1,419.134 1.00(1.850
124.091
166,361
17,938

the

47%

flat at inside prices.

November delivery
December delivery
May delivery

...••.

Oom,

Wheat,
bush.

bbls.

Boston
Portland
Montreal

l!7ew

flour and grain at the seaboard ports for
3, 1886, foUow:

Flour,

—

Com

Oats have sympathized with wheat and corn, and a lower
range of prices has been accepted. Some variableness in the
past few days did not develop much strength, and the close is

October delivery

At

Wheat

the last hour.

May

Rye

34.825,305
87,233.1*86

Bye is scarce and steady. Buckwheat is firm, being very
sparingly offered. Barley remains entirely nominal. Barley
malt is rather more firmy held, owing to threatened curtailment of production by strikes.
The following are the closing quotations:

S. Ori'ns.

rot.

w'k.

Wheat.

Oom,

Bush.
451.846

Bush.
221.298

80329

82,151

76.600
209,628
4 <,000
98,000
35,090

80,795

90
40,106

Flour.
Bbls.

66.479
76,925

OaU.
Bush.
1,438

Kye.

Bush.
8,500
......

.-A...

......

27,825
3,759
34.966

26,446

......

48,734

8,500

50,547

7.14

8,760

993,493

421,440

219,508

27,884

576,510

952,503

162,423

84'^,907

S'me time
1885.

Peat.

Bush.
1,813

The destination of these exports is as below.
correspondiug period of last year for comparison.

18,912

We

add the

October

THE CHRONICLE

9, 1888.1

Oom.

and colored cottons. Prices have ruled very firm, and
numerous makes of bleached goods and colored cottons were
Week,
slightly advanced by agents, without materially checking
Oct.
2.
Oct.
J.
tbeir sale. Print cloths continued fairly active and very firm
BuMh
Butk
Rn«A
small stocks on band, the market
3s>l.'200
205.522 761,445 because of the exceptionally
185,306 173.6.-4 1.^7, 12S closing strong at 3%c. for 64x613. and 83.^0. for 56x60 j. Stocks
24,8S2
37.1 1>2
6.917
8,K9l last Saturday and for the three previous years were as follows:

Flour.

ttrwtk

Del.

OeL

2.

Oct.

3.

2.

BHtK

nbU.

161,039

9^.66.t

5*i0,74O

Omttn'nt

>',uft8

20,354
1V,»88
12.120

1.147
1«,1I4
21.797
S6,70S

404,142

B.*C.Am

OiulUiix

W. iDdlM
Brtt.eoI'«
Oth.o'D'ta

359
8,61

3,»4i>

3:9.50x

Total

1S85

1886.
Week.

1885.
Weak.
OeL 3.

188«.
Week.

188S.
Week.

1886.
Week,

1,315

i

098,493

163.438

576.510

434,440

tiuB week's

WW.

'*"'
uOct.

(•Oct.
t.

uas.

tsOet.

IWfc

».

t.

BUM
SM.WI

BMa.
SV.IS4

aa,oas
07.116

n.ias

Wmilamm.
nkCoTBlM

eijti

l«MSS

OU.SMmtr^

aaas

OnulMat...

.ftCAa...

Obr».

UtOcl.

li>0c(.

IMS.

IMS.

8.

«.

a-h.
4.4flaj07

nrjMS

I88».

MSW47'

1885

S.

nit».

1*7.736

Tvsjoa
1UI.8»

46341

87,077

•.4a(^

10,401

«.31i.st:

4.ias.oM

4

•ujra

l.•8^

8B0.IM5
111.888

•JOS

IO.WT

"atTii

•atju

««i>t

to Oct.

Biu»
l.5U.M>

«J3S

Total

supply of gimin. oompnsuig the stocks in granarv
the principal points of aocumulation at lake and i leaboard

The
a<
porta,

In

Tiaible

and in

transit

rail

Whmt,

tun mt—

and water, Oct.

2,

g.48l.ii31

:

Bartet.
»«ijA.

3.316.131 1327,373

3;3.000
3.000

141. too
60..'M)0

1063O0

},»4»,<»t3

506,623

Chtsaso

8,500.180

Do sfloat
WIIWMikm
Do sSiMtf

a.M«,3M

afl<MU

aibujr
BnflUo

Do

1888

Oau,

Oarm,

tmth

Sow Tors
Do

br

45,541

.V)8(0
30.u<:0

8.714

iV,obo
83.607

104,30i

4361028

1,135,803

S06.S04

718.843

1308

3388

1.993

120,471

84.118
34.935

30373
38321

31,416

90.01 >0
93.^.119

50330

164.997

432336

33.000
177.379

04.000
333.137

38.325
53.000
3.028

12.000

86343

i,ab6

9383

30.8(3

32.838
12,638

1.M0.458

438.707

13364

9,509

U.l>01

afloat

Daiuxh
do sAoat

e.e«I,OM

Islsds

4.171.653

Oamtt.

1>5<.1M6

niiW««o

85,000

•CLeids.

4.8«4.S(>3

~

83.000

48373

:<

343

64.497

MaalTMl
PkfladalpUa

13«3M
S773M

Sft.788

37*378

30.000
154.887
191.041

44.713

43 ^o
4.949
4.451

74.Sti4

6.571

156.000

IM

Oc I. 2,
18S6.
33,000

FMl River manufaoturers...
ProTldeaoe speculatore
Oatalde apeoalatora (eat)

34.000
42,000
10.000

movement

•ffCL-SS. a,tt.i.-». 5l»t.l.-88. 5t»t.l.«. «q>(.l,-8»,

Ibtiiifi Is-

gtoek of Print OlolkM—
Held by ProTldence rnHnufrs.

952.503

to our previouB totals w e
have the following itatement of exports this season and la>t
season:

By wi'^i^K

439

1389,744

I.S53.S84I

S,40e.l«00

854300

63,387
135,000

OeL

OeL

.1,

Oct. 6.

4,

1S85.

1884.

S5U.O0O
320,000

400,000

260,i)00

522.0' 10
295.0' 10

150,000

150.000

1883.
110,000
214.000
286.000
60.000

Total atook, (pieoea)
109.0001.080,0001.387,000
650,000
Printed calicoes were rather more active and firmer, owing to
the recent sharp advance in printing cloths, and a fair business was done in seersuckers, white good^. quilts and curtain
materials for future delivery.
Staple gin^cham were in good

deoiand, and some makes have been advaaoed by the mill
agents.

DoMBsnc Woolen Goods.— Business
in
men's- wear
woolens has been of fair proportions, and the tose of the
market continuee very firm.
There was a moderately good
demand for light weight cassimeres, worsted suitings, Sec, by
the clothing trade, and heavy woolens were distributed in
relatively snnll parcels to a fair aggregate amount.
Indigo
blue suiting flannels were in steady request at firm prices.
Cloakings and Jersey cloths were in irregular demand, but
desirable makes are firmly held, and stocks are well in hand,
Kentucky j^ns were in moderate request and Arm, and there
was a fair inquiry for satinets, in which both heavy and light
weights participated.
Wool dress 'fabrics were in moderate
demand, and there was a steady movement iu leading make*
onacoount of back orders. For flannels, blankets, shawls and
skirts the demand at first hands was steady but moderate,
and carpets were a trifle more active in some quarters.
Foreign Dhy Goods. Importers have experienced a steady
call for small re-anaortments of foreign goods, and a moderate
bnsi nesa wa* done in jobbing circles. No special activity has,
howcTcr, been witnessed in any particular clasaof gimds, and
the general demand waa chiefly of a han'1-to-mouth character.
Prices remain steady in this market, and all woolen
fabrics are very firm with an upward tendency at the sources
of supply in Europe.

—

I^portatlona of Dry aoo«a.
The Importations of dry goods at this port for the week
ending Oct. 7, 1846, and since Jan. 1, and the same facts for
the correepondimr periods are as follows:

Ost.
t,***. 61.n0352 13.43>.030 4365.005
*S(.a^S6.'88. 49.496.4 ll 13.95S.7K1 4.869.838

TuLOat.
VakOat.
fM.061.

B18.3J4 I ,.'S.'V0.079
540.636 1378.034
3.'«5I43,HS33I3 6.183.493 5.617.144 49».I98 425.714
4.'84f 2H.2A1.067 7.33*<.''4A3.5ia468
845.741 7u8,70'i
6.-831 28323.488 13.414.957 5.688,013 2304.146 873,522

?E

I:

AM.PaolaatiarladsC

THE DRY GOODS TRADE.
Mkw Tokk.
The jobbing trade

in dry-goods has

shown

lefs

aoimstion

still

I

facturing

a; S

Sfl

g:

g:

:

:

:

i

i

:

:

:

:

:

e

trade in anticipation of

higher prices.

Brown

shretingi were in good demand by converters, and more than
AB •T8«p JUDpilMai tor tba time of ^ear vaf done is bh^obei

« p-

»MIO>-Ci

r»

* <xa>
Oi» nec^ois
00 ^>oa>
"
^ 1—
*.
1=^
.*
OD
*>

OD
<D

Oia>

Oi»--J'<»

,''.-

?-.»».'-.-o

a.«
aoo

*>MX-«M
cx^xv
XCO>9aD

gs

!

:

:

3

:

&

:

I

>-•
C^
CO

u
aoox*.^
1

00

:

«60CO-I^

-imoom'io

XO
OUXW33

%1

ODC
I

ft-

CO

-•JO**

I

B

M-Oa>-4

Sod

O

MKUMO

I

X IA :o
A
— a<
p»..JM

>-tOUWpl
V]**— boo
;

Oft

^^

t-*

Op*

P-J.

** 'OtJt'KtC*-^
0*.—-4U

I

t

10^
ro

W -> Oi

io>o-)Ka>
W AUOO—
MOO-tD 14
w wioVVb
OD
I

90

>JC*-UII>

-40D

*.^IA^^

<s
J^l

Ok

f.f-ap»

».=-

oiue*>
I

to

M—

«->

00
CM

15

S

:

FTld«r. P. M., Ool. 8, 1886.

a Tery fair distribution of staple and
department goods was made by the principal local jobbers, and
a good supplementary demand ia exproted as soon as the
wsatber becomes cold enough to enable retaiters to market
their parly purchases of fall and winter fabrics. The demand
at first hands was somewhat irregular, but a moderately good
busioess in staple cotton goods was stimulated by the advanc.
ing tendency of prices, and further liberal orders for certain
deecti ptions of spring good* were placed with manufacturers'
agents for later delivery. The tone of the general market continues Tery Arm, owing to the exceptionally small stocks
of manufsdured goods on hand and all such price changes as
during the week were in an upward direction. Labor troubles
occurredstill exist in some of the manufacturing di«tricts.
All the knit goods mills at Amsterdam, N. Y., remain closed
oa his account, and a leriona strike at the Frankford
(PbUadelphis) mills has taken plao* within the last few days.
DoMUTic Cotton Ooods.—The exports of ootton goods from
this port for the week ending Oct. 4 were 8,268 p«cksge«i, and
the principal shipments were 950 packages to China, 54U to
Great Britain. 88S lo U. S. of Colombia, 183 to Hayti. and 103
to Central America. There was an active undertone in the
market for staple cotton goods, very fair quantitiee of plain and
colored cottons having been taken by jobbers and the manuthe past w«ek,

i

I

J

w^tTT*

I

OD c;i '^

CD

-ICOIOOiC*

it

^^O-J-'

OD

»

wob'-jo

Ji

o oa

M -

odVWom
QD roow;/*

s» 8M
MIS
W-4WM
\l't

'*-'<o

uw K?.S§£
MM

'*»'otolcco

1^
^1

w o J«

j;

^1

_MU;J (SOD

I

ao*uiw

M3 «®C"

»OM

OtlOO-O^

XOmSo

»»uooet
UOD

ftMOiCXM
{

<toft

KOtOODO

ODOI

I

t0 tD QD QD CD
1^ JU
U. _^

^

av woDtt

U
CD

I

19
CC

U to

I

GP

X*-.

.

THE CHRONICLR

440
M^xnkSf %Kul^sxs

BANKS.
LoDowioK J. Hiu.,

K.

PrMldent.

S.

McCandlkss. a. W.Hill
Vloe-Pras't

Cashier.

Brewster,

&

and Snrplns,

VniUd

ndlvidiials respectfully solicited.

Collections promptly made and remitted for.
Will act as a^ent for the Investment of idle and
surplus funds of Banks or Individuals.
In our active and tfrowinK city money is alwavi In
demand. Our rates reasonable. Give us a trial.

Geo. Stcboks.

F.

Pres't.

SB

W. Qooein,

MEMBERS OF THE NEW YORK AND

and

Bhibman S. Jewktt, Pres. Josiah JEWBTT.V.Pres
Coknwkll. Cashier.

C,

N. Y.

This bank has superior facilities for making collecall accessible points in the United States.
Canada and Kurope. Liberal terms extended to accounts of bankers and merchants.
CoiiKEspoNDENTS.— New York, National Shoe k
Leather Bank: Union Bank of London.

&

Clark

of Durham,

Co.,

BANKERS AND BROKERS,
St., Pliiladelphla.
Railroad, Municipal and other desirable Invest-

ment

Securities for sale.

Transact a general banking business.
est

Allow

Inter-

Members of the Philadelphia and New York Stock
Exchanges, and connected by private wire with New

&

Narr

BANKERS AND BROKERS,
CHESTNUT STREET,

No. 437

PHILADELPHIA.
Members of the Philadelphia and New York Stock
Exchanges.
Cable Transfers, Bills of Bxchanse and Letters of
Credit.

M. SHOIMAKIB.

Jos.

Commercial National Bank,
HOVSTOIW, TEXAS.

.....

BOBIBT M. JANNIT,

promptly remitted
J.Q.Fletcher,)
President,

t

PITTSBURG,
ESTABUSaSI)

S200,000

.

and are

for.

Whitney

STATK BANK, (C.T.Walker.
Incorporated 1876.

German National Bank,

No. 57

York.

&

:

W,

H.

State, City, Railroad and other Corporate SecuriSouthern States wanted and for sale at ail
times. Mortgage Loans on city and farm property,
two to ten years, paying six to elglit per cent, furnislied. Prompt replies to correspondence, mail or
ties of

w ire.

_^

B. B.

BUBBrss,

A. K.

Pres't.

WALKKB,

Cashier.

First National Bank,
WILMINGTON, N. C.
Oollectlona

made on

parts of the United States.

all

MERCH.4NTS' NATIONAL BANK,
RICHinOND, VIRGINIA.
Collections

made on

all

Southern points on best

terms: prompt returns.

John

F.

Glkns.

JOKN

Cash.

P.

BRANCH,

President.

Fred. r. scott, Vice-Pres't

SfEW ESfOLAIVD.

RIOIIinONI», VIRGINIA.
Circulars and information on funding the debts of
Virginia and North Carolina free of cost; one-eighth
per cent charged for funding. Southern Railroad
and State and City Bonds bought and sold.

C.

W.

1871.

Stephenson,

FOURTH AVENUE.

Wilson, Colston

&

Co.,

BALTimORE.
(INVESTMENT and SOUTHERN SBCUKITIBS a

STOCKS

Kxcban^e.
Private Telecraph Wire to New York

afid

Boston.

Joseph G. Martin,
STOCK BROKER,
AND DEALER

IN INVESTMENT SECURITIES
No. 10 State Street, Boston.

Samuel G. Studley,
COMHISSION STOCK BROKER,
No. 4 BxcbanKe Place, Room No.

BOSTON,

IHASS.

4,

REGULAR AUCTION

of all classes of

STOCKS AND BONOS,
OM

WEDNESDAYS AND SATURDAYS.
SON,
ADRIAN H. iniJI.L,ER
No. 12 PINE STREET, NEW YORK.

A

(KQCl r.VHI.K Bt'll.rJIXG.)

1

& Co.

Insttraucjc.

Robert Garrett & Sons, The United States Life
BAKKERS,
No. 7 SOUTH STREET,
Insurance Co.
BALTIMORE,
IN THE CITT OF HKW VORK.
A GENERAL DOMESTIC AND

FOREIGN BANKING

(ORGANIZED IN

BUSI.NBSS.

261, 262

WESTERN.

Dealers in Commercial Paper. Government and
other flrst-class Bonds and Securities and Foreign

BONDS

and

Correspondence solicited and information furnished.
N. Y. Correspondents— McKlm Brothers

BCRFORD,

0. P. Fralmgb, Seo'y.

&

Lamprecht
No.

Co.,
Bros.
JJANKERS,
13? SUPERIOR STREET,
CLEYELAND, OHIO.

Transact a Keneral hanktnff business, and DEAL
IN TOWN. COUNTY AND CITY BONDS. LisU
and prices furnished on application. Write us If you
wish to buy or sell. Refer, by permission, to Society
for SaTtPifB, SaTlngg & 'lYust Co. and National Banks
of Cleveland. Ohio.

ESTABLISHED

P.

F.

&

T.

A. Whbklwkioht, Asst 8m.

Standen, Actuary.

All the proflu belong to the Policy-holders exclnslvely.

All Policies issued by this

ABLE after three

Company

are DrDiSPUT-

years.

All Death Claims paid WITHOCTT DISCOUNT as soon
as satisfactory proofs have been received.
This Company issues all forms of Insurance, Including Tontine and Limited (Non-Forfeiting) Tontine.

all others, the Insurance remaining in full force
during the grace.
Absolute security, combined with the largest liberality, assures the popularity and success of this company.
GOOD AGENTS, desiring to represent the Company, are Invited to address J. 8. GAFFNKY, 8up«r,
H^ntl^t of AgeDoles, itt Borne Ofloe.

on

Co.,

806 OLIVE STREET, ST, LOQle,
Dealers In IVestern Securities.

Defaulted Bonds of Mlssonrl, Kansas and Illlnoli a
Speolalty. Good InTaitment SaoailtlM. parlof tron
tour to «l«bt per
t9I Hih

cwh

Wm.

York.

President,

One month's grace allowed in the payment of
Premiums on Tontine Policies, and ten days* grace

1871.

Keleher

18S0.)

& 263 Broadway, New

Q. H.

WEYROSSET STREET,
I.

VA.

At Auction.

BANKERS AND BROKERS,

BANKERS AND BROKERS,

R.

Co.,

Private wires eonnectiiitr with Washington, Baltimore. Philadelphia and New York.
New York curre-spondent.s. Prince & Whitely.

The Dnderslgned hold

(Members of Baltimore Stock Exchange),

snecialtT

&

State Bank Building,

SALES

Wilbour, Jackson & Co.,
PROVIDENCE,

Branch

RICHMOND,

BALTIHORE.

joshda wilbour,
charles h. 8hkldon, jb
TRANSACT
Bknjahin a. Jackson, William Binnet, Jb.

No. 62

BRANCH &

CO.,
BANKERS AND COMMISSION MBRCHANT8,

LITTLE ROCK, ARKANSAS.
- - - - $200,000
( Caid in) Prompt attention Riven to all business in our line.
N. y. roRRESPO.VDENTS.— importers' & Traders'
National Bank and National Bank of the Republic.

Patterson,

BOND AND STOCK BROKER,
ATIiANTA, OA.

PA.

Only Pittsbur« members N. Y. Stock Exchange.

Capital

Atlanta National Bank, Atlanta, Qa.,
New Vork.

and Fourth National Bank,

BANKERS AND BROKERS,

BANKERS AND BBOKERS,

Cashier.

(

New

PHIL.ADEIiPHIA.

Vice-Pres't.

Collections receive our special attention

IN ALL KINDS OF
SECURITIES.

Bonds and Stocks bought or sold on commission.
Georgia and Alabama Securities specially dealt in.
Correspondents: Tobey & Kirk and A. Duteahofer,

THOIVIAIS

M. Shoemaker & Co.

B.A. GIBAITD,

Humphreys Castleman,

Gerlach,

N. C,
Pay Special Attention to Collections. Jos.
FIRST-CLASS FACILITIES.
BANKERS AND STOCK BROKERS,
New York Correspondents.— The National Park Bank
and Seventh Ward National Bank.
No. 184 SOUTH THIRD STREET,

Capital,

l.iHta.

BROKER AND DEALER

Reference

on deposits.

DCRHAin,

H. OARI>Eg,

Sand for negcrlplfve

recialty.

ATLANTA.

No. 35 Soalb Third

P. A. Wilkt, Cashier,

Prest.

The Bank

W.

E.

tions on

W. T. Blackwkll,

"' Counties, Cities, ftc. of hlith grade a

Ciiited State* Bonds,

York.

9300,000

BUFFALO,

Co.,

and BOSTON.

SOUTHERN.

Bank, of Buffalo,
CAPITAL,

RDNnQ
D^^lUQi

PENNSYLVANIA.

Capital, $200,000. Sarplos, 960,000.
This Bank holds in addition «1,000,000 U. 8.4 per
cent Bonds at par. pledKed by its stockholders for
tile protection of Its customers.
Said bonds are
pledged ua above instead of beiuK held by the Bank
as a part of its letral surplus, to avoid what we think
unjust and excessive local taxation.

&

N. W. Harris

Asst. Cash

North-Western Nat'l Bank,
CHICAGO, IL.1.I1VOIS.

William

CLEVELAND, OHIO.
SPECIALTIES:
CHICAGO

ALSO,

Co.,

TOWN. COUNTY AND CITV BONDS,
LAKE SUPERIOR IRON MINING STOCKS.
AND STREET RAILROAD BKCnRlTIHH

BOSTON STOCK EXCHANGES.
Dealers In municipal. State, Railroad

&

INVESTMENT BANKERS,

Estabrook,

BOSTON.

$300,000 00

-

Accounts of Banks, Merchants, Corporations and
-

No.

Statet.

Chas. H. Potter

BANKERS,
CONGRESS STREET,

ATLANTA, GEORGIA.
Dttignaied Depository of the

liVESTERN.

Cobb

Gate City National Bank
Capital

of ^evo Wiovl^,

HEMT ENOLAIVD.

THB

-

®nt

%xoiiCxs

atiit

XLm,

iv^oL.

OCTOBKB

9.

THE CHRONICLE

188B.J

ii

tnsnrnxnct.

Insti);atiJCje.

^isceXIatieotiB.

mutual^'benefit
LIFE INSURANCE COMPANY,

OFFICE OF THE

NEWARK,

.....

AHSI DODD,

ATLANTIC

Prealdent.
J88,eu>.SlV 38

Values)
per cent Reserra)

UsMltUei (4
fnrphu
Snrpliu (New Tork Standard)

Mutual Insurance Co.,

8&.8fi7.tW7

71 IVALI. ST.,

10

Members of the

5,411X1 30

Policies Abdolntely Non.Forfeltable
Alttr Second Year.
Ik CA81 or UAFMii the Poller la co!<Tixm> in

AOSNcr ow

-iS.

1880.

StAQdard Brands of Fluur for Shipment to
Climates always on band.

Warm

OEIEMT ttUANO MANCFACT'O

CO.,

ORIENT,

PORCK aa lonjr lu lu Tulue wlU PA7 for: or. If preferred, a Paid-up piilic7 t"t iu full raloa
lasued In
Ari«r the tbird rear Polldee are ncoimsTABLB,
•xeepc aa amUnst Intentlunal fnod ; and alt ratric
Ueni aa la traatl or occupati/m ore
-noMd.
CAiaiu>A«aai«aMdaio tbeezM; of
pereent
of the
Talaa, wher« ralld aaals aanu of tbe
Poilaiea oao be made as collateral seenr.. rLueaV paid Imoiediatelj apon eoapletion and ap-

Standard

, tai elmfonnlty to the Charter o.
tke CoBpaay. anbrnlt U>« following Btatameat
of Ita aflWn on tbe Slat Deeenber, 188d:

PremloiMoa Marine Hlakatrom
Slat

lat Jaanafy, 1882. to

•3,856.918 se
Daeember, 188S
PremlQBiaoa PoUelaa not marfcert
1.33«,A2S 10
on lat JaaaaT7,U86

wn

proral uf

priMfla.

Life Insurance

JOBN
Premlmna marked OH from lat
January, 1889, to Slat Decempaid dnrtnx
period

I/oaaaa

Balama
minil

the

>1,>1S.030 67

9776.713 43
Inila,

tU^

UattaiatalMaadaialaaf Bnr
Taik ateak. iMf, Baak aad
ewinid by Stoeka and
l,43S.ai>

Baal Satala aad Clalma doe tha

630,000 00

•alvaMa

M
W

Mb la Baak.

l,A0a,14S
118.t»7

ABOoat.

•18,740^32« 4«

PKB CXBT IimCBBn' on tke e«Wd

Ins eertUtoataa of proflta win be paid to tta
holdara tbamol; ar UmIt le«ial npnaaataMraa.

Lair.

William
Mo.

atninc. rellaMe and popnlari and
laraaa a Tartelr of pollelea lanlled to tiia dUfteeot
drewnaiaftcee o1 lasorers.

w

A DITIDKVD or POBTT PBB CUrr

Law.
cia.—Tbe Traat Oomnaalaa, Tha Natlona
and Railroad OoBaanlaa la PkUadalplUa. aa*
Jadaaa of any of tkaOoarta.

BBFia

EQUITABLE

Anvro, Jam- ABT

1st.

iM«

U A Bl LlTias, 4 par cant ValBatkn

. .

Byofdaraf tkaBoaid,

ie8.9a8.»7oe
Itjau .148 »7

(•nlaa oa n, T. ttmntmr* 4H per eant

Bappllea Baoks, Bankara, Stock Broken and Oorpo
ratlonawlth eoiplata oatOtaof Aanoant h<hi>s and
Stationary
New aoaaama oraanlalaa will h^e their orders
priimptJy axecatad.

wr

laterMt. •lT,49<.Sa9,40.)

No.

r I4aMIU<«s, M> wsrvsfandiird of eahio-

aa Ua( It/

NBW AMUBAXn

IB

anir

atktrJA/* Amitattc4 Oom-

UM

OrrrraxiiiNo aaatrRaicca
Total paid foJirt-UoMan In
In

flecretary.

Adolpkf

Ji

IIIANIIVKK <IOUARIC.I

7.U8JMiaB

M«.

(fPottoti.

mjlia7Sa8
in.atn.nM

u

Alexander

W.H

B-Moare.
neaLow,
A.BaTea,
iB.Ptald.

JodlakO.Low.

Prfsdertck

&

kinds of

CANTA8. rKLTUta DDCK, CAI
CDTaUMO. BAOOINO. RAYBNB DnCKtAAJL
Twutas, AC -ONTARIO" BtXkijaa
ASa, "AWNINO aTBLPM.
Also, Axaou
OlflTKD STATBS BVIfTIIfa OO.

(Mm. alwara
Dnane tttreet,

Widths and
I

Oft

la atoat

Walter & Fatman,
COTTON BROKERS,
(S

BEAVER aTREBT, NEW ¥ORR.

G.

Schroeder
to

warb

&

Co.,

a bchrobdbr.

OOTTON 00BIMIS8I0N MERCHAim,
CottoB Exchaniro Balldlnr,

wKiy vowK.

Onaitt,
Wllllani Bryoe,

WAL.DRON a TAINTER,

Jobn Elliott,
Jasee O. Oe Foreat,

CXTTTON MERCHANTS,
COTTON EXCHANUK BI'ILDINO.

Ckarlaa D. Levarloh,

SPBCIAL ATTENTION TO COTTON trUTURBB

fl.

. DaatoD Bmltb,
Baaiy . Hawley,

WELDEIItHKOMESTKELAND IRON

O aoTnaBUaa,

WUIUm

WUllam

la Beaad and riat Bars, aad G plj Plates and Ancles
FOR 8AFE8, VAULTB, Ae.
Cannot be flawed. Cat or nrilled, and praetloalli

Jobn O. Hewlett,
William 11. Webb,

AnMio W. Hard,

Clmalara Pne.

Cbarlaa P. Baidatt,

Xbuiaaa Maltlaad.

D. MontaB.
laaae Bell,
Eilward Floyd-Jonaa,

KdaiBad W. OerUaa,

JOHK D. JOBBB, Pnaldeat.
CHAKLBB DKlTWn, Tlae-riaaldrat.
W. H. H. MOORK, ad Tloe-PraaX
A. A.

(X>TTOB

KZPOBTBB8.

Hoosas.

SECUKE~BA]SK VAULTS.

BameeOray,
WnUanSL. Ood«a>
U. Maey,

atlontlaa Blrae to porahasa of

Oaom for anMHBBS and
I

la

COTTON SAILDUCK
And aU

atlia

TO

CoaaiaraaDavon Bouorbd,
RcraBBXcaa.— Natlqaal Baak of Aanala. Oa
Hanrr llenu A Co., Oommlsalon Maroaaata, Raw
Tork WUllam B. Dana A Co.. Proprietors CoMMIB.
ciaL A rijiajiciAL CaBoidCLi, and other New York

Co.,

Maaafaetaran and Daalan

l*o.

TkoauaB Oaddla«tM, JAhaUBlkar.

C A. Hand,

Cargill,

AVGCSTA, GEORCIA.
Brinckerhoft, Turner

njue,

Bobart B. Mlatarn,
Cbariea H. Manhall,

&

CXDTTON BROKERS,

4 tan aa>plr. att

—

WILLIAM STREET,

m.aa8.M0OO

un

PiitdHi>IICT-lli.ldersslDeaOri>nli«llon

UouMi

I

108,01137800

OOTTOn

TBVSTBBSt
D.

m

UBO.

•la.MM.lWU

IICRPI.U8

la

deaiarad oa the net earaed pnankaH of tke
Oomraay, fM Ike year aadlaff Slat Oaaaabar,
188A, for wblok eettUeatea wlU be laaned on
aad after Tuaaday, tbe 4tii of May oexv

J.

623 WAIJfUT STREET,
PhUadelpbla, Pa.

ika

af

lliii III! aBil afliii Tinallaj. IkaHl iif raliiiiaij
next. Maa wklak data all lataiaat tkamoa wlU
aaaaa. Tke awlUl ualaa
be prodaead at tbe
il»aa< piffaiifad iiaeilid.

OMAPKAIf,

Porter,

OotporaMoii, TraoapoRatlon aad Conunarelal

tb« laaa* (rt 1881 WlU be ndeeoMd and paid to
tke boldara tkereof, or tkeir le«al repraaanta-

S..M,

W.

Attorney and Counacllor at Laiw

la

on aad after Taaadagr.tlM9da<P*braaryaazt.

THS ourarAHDiKo osBTincAm

BLKA4'H£B 8HIRTIHGS

AND MMKKTi:\G8,

BMTABLI8HKD
UFE ASttlRANCE SOCIETY,
130 BROALiWAY, NKW YORK.
Engrene
K. Cole,
KNBT . HVDB, PrMldaat.
BTATIONBR AND PRINTER.

•B,034.flW

Bo-

dc

DriiU, ll*ettiHg$, dc, for Kxport Tnutt.

DISCOUNT.
Tbo Coayaajr

Co.,

PRINTS. DBNIM«. TICKS. DUCKS, Aa,

PROMITLT AND WITUOUT

I/M8BB PAID

Fabyan &

Towrela,4allta,Whlte Goodadc Hoalery

erplatnlBff

a< Premliuna and Ex-

IkeOompaBThaetkeMlowiBC

BIX

BROWN

ISM.

Tke naine Non-PorfeUare

aame

Oonpany, eattaaatcd at.
rnrnlnm Moiea aad BlUa

Company

Writ* to tk* CoBpanr or Ha A«aata for draalan

<3,770.<»4 3

1888

ber,

Bliss,

York, Boston, Philadelphia,
dBLUIie A0BNT8 KOR LBADINO BRANDS

PORTLAND, MAINE.
K. OE WITT, Pred«ei|t.
OROAN12MD

OP VIKGIMA.
HIsh Orada Prrltaa free from Ananle.

New

UNION MUTUAL

96,190.143 7<

Total Marine Premliuna

.

I.. I.

Huperpboepbales.

SULPHUR MINES COM^NY

M

<

CO.,

RICH.nONO, VA.

exchanire.

January

Cotton. Coffee and Produce Bxoh*i

THE HAXALL CRENSHAW

a.1S7.4«l IB

u

raw YORK.

Wisner,

NEVr TORK,

connissioN hercuaikts,

W. J.

AlMU (Market

&

Crenshaw

BAVUr, 3d

TIaa-i'raaldaM

BurKlar Pnx»f.

CIIBOnE STEEL. WORKS,
BROOKI.VN,

R. T.

JOSEPH CI LLOTTS
PENS-1878.
STEEL EXPOSITION
PARIS
COLD MEDAL

THE MOST PERFECT

OF PENS

Geo Copeland

&

Co.,

OOTrON BROKEB8,
134

PEARL STREET, NEW^ YORK.

F. Hoffmann,
COTTON BROKER AND AGENT,
38 BDB DB LA BOIIB8B, HATBE.
JOHN H. CLISBV A CO.,
COTTON BUYERS,

nONTOOHIKRV, ALA.
PoBoaAaa o.vlt on ouDciia roaa Coaaiaaioa

THE CHRONICLE.

tfii

H

McFadden& Bro.
COTTON MERCHANTS,
PHILADELPHIA.

Geo.

Stillman,

MERCHANTS,
Post Building. 16 & 18 Excliange Place,

9, 1886.

^ottovu

i£/aUon.

iS^ottovu

Woodward &

[OCTOBEB

INMAN,SWANN&Co

NEmr ITORK.

.

LrVERPOOL CORREgPONDENTn,

LOANS MADB OS ACCKPTABLK SECURITIES.

FREDERIC ZBREGA &

COTTON MERCHANTS,

COTTON, ALL GKADK8, SUITABLK TO
OF SPINNERS
OFFERED ON TERMS TO SUIT.

Reid

Price,

gpaOLiX ATTKNTION to ORDBBS fob C0NTBACT8
»0B FUTtTRB DBUTIBT OF COTTOH.

Co.,

Cotton Brokers & Cominission Merchants,

Neur ¥ork.

WANTS

&

CO.

NORFOLK, TA.
Liberal advances made on Cotton consignments.
Special attention given to the wale of cotton to arrive or in transit for b' th foreign or domestic markets.

Correspondence

solicited.

Edward H Coates & Co.

Robert Tannahill & Co.,

G. E. Staengleii,

Cotton Commission Merchants,

NEW YORK, NEW ORLEANS,

.

Cotton Commission Merchants,
No. H6 CHESTiVin' STREET,

PHILADELPHIA.
MAIN STREET,
NORFOLK, VA.

No. 4»

Cotton Excbange BnlldlnK, Ne-wYork.

AGENT FOR

SPirmERi- ORDERS SOLICITED.
Special attention given to the purchase

and sale of

FUTURE CONTKACT8
In

New York and

AQtHorlzed Capital, R. U. 20,000,000,

&

19 Soutb William St. &
fiUMf YORK.

Receive consignments of Cotton and other Produce,
and execute orders at the Exchanges in Liverpool.
Represented In New York at the office of

St.,

COTTON.

40 and 42 Wall Street,

NEW TORK,

City.

Henry Hentz

CHICAGO, ST. LOUIS,
LIVERPOOL, HAVRE AND
NEW ORLEANS.

Buii.mNo,

Cotton, Coffee, Grain and Petrolevun Bought and
Bold for Cash, or carried on Margin, on the varlons

&

Co.,

Mohr, Hanemann& Co.,
COTTON EXCHANGE

COMMISSION MERCHANTS,

South fVllUam St., New York.
EXECUTE ORDEKS FOR FUTURE DELIVERY

Comp'y

COTTON, GRAIN,
Bethlehem Iron
PROVISIONS, COFFEE.
ORDERS EXECUTED IN

CTJttonj^lkxchangk
NEW YORK.

New York

pitacellauc0ttB.

PETROLEUM, STOCKS,

Co.,

^COMMISSION MERCHANTS,

Kzolianges In

SAM'L D. BABCOCK,
82 Nassau Street, New York.

Co.,

TTILLIAM STREET,
NEW YORK.

1

New York,

&

R. Macready

&

Williams, Black

BUYERS FOR AMERICAN MHiS.

COMMISSION MERCHANTS,
IT Heater Street, LIVERPOOL,

Pald-Up Capital, R. M. 6,000,000.

Co.,

61 Stone

Selma, Montgomery and

BABCOCK&CO.

B. F.

Liverpool.

Graham

C.

J.

COTTON COMPANY OF STUTTGART.

New

B17II.DING,

New York.

raanliattaii BnlldlnK,

BAGGIN G.
ORATZ

WARREN, JONES

A.

ST. LOUIS, no.
niaanfacturers of Pure Jute Bagging.
IMPORTEB8 or

IRON

TIE».

C4»T'I'0!V

York.

8

COTTON
NEW YORK. LIVERPOOL AND NEW
LEANS COTTON
COFFEE
NEW YORK COFFEE EXCHANGE,

ORiii€UA^UES. Also orders for

at the

at

the

CRAIN

AAiD PKOVliilONS

EXCHANGE
NEW YORK PRODUCE
the CHICAGO BOARD OF TRADE.

at the

and
and

SPECIAL ATTENTION GIVEN TO THB

OP

EXEOCnOM

ORDERS FOR FUTURE OONTRAOT8.

Phenix Insurance Co.
OF BROOKLYN,
OlHce, 196

&

Gwathmey

Bloss,

COMMISSION MERCHANTS,

Btatement of

Broadway, New York City
Company 1st Day of Jan., 1886

M

CASH CAPITAL

»1,000.000
8,846.048 84
944,473 OS
714,187 4»

Reserve for unearned premiums
Reserve for unpaid losses
Netsurplus

COKRE8PONDBNT8
Messrs. Smith,
LlTerpuol.
J as.

Edwards &

14,910,488 88

Co., Cotton Brokers,

PEARL

No. 123

HEW YORK.

ST.,

STEPHEN

WM. R. CROWELL, Vice-President.
PHILANDER SHAW, Secretary.

Lea McLean. New Orleans.
Orders for

LXHHAN, Sterx &

New

Lehman, Durr & Co

Co.,

Muntgomery, Ala.

Orleans, La.

LEHMAN BRO'S,
Cotton AND Factors

f nture delivery of

New York and
visions in

John

Cotton executed In

Henrt

Builard

&

New

Church Street,

York.

Orders executed at the Cotton Exchanges In New
York and Liverpool, and advances made on Cotton
and other produce consigned to us, or to our corresgondents tn Liverpool Messrs. L. Rosenheim it
ons and A. StemA Co.; In. London, Messrs. B.

Assistant Beoretarj.
Seo'y Local Dep'U

UURKE.

iETNA

Wheeler,

(FOR BALING COTTON).
Advances made on Cotton ConslgnmenU and Special
Attention given to purchase and sale of

FUTURE

CONTRACTS OF COTTON.

Company

Insurance

OF HARTFORD.
$4,000,000 00

Capital
for ahpsld losses
re-lnsaranoe fund

Liabilities

Dennis Perkins

&

Co.,

2,057,776 24
3,202,320 41

and
Netsurplus

(9,260,096 6C

Asset* Jan. 1, 1886

;

Newgass & Co.

P.

H. wheeler.

.

20*

FRANCIS

New York and Chicago.

oominissiON merchants,
COTTON COMMISSION MERCHANTS
No. 40 EXCHANGE PLACE,
NEW YORK.
ALSO
UBJIBSRH OF TUK VOTl'ON, VOtFEE AND
PRODUCE EXOBAXOEll.
BAGGING AND IRON TIES,
Dp-town Office, No.

GEO. U. FISKE,

Liverpool; also for Grain and Pro

L. Bitllard.

CROII^BLL, Presiaent.

No. 3 Cortlandt
JAS. A.

St.,

New York

ALEXANDER,

Acent.

COTTON BROKERS,

Rountree

&

Co.,

COMMISSION MERCHANTS,
COTTON KXC-IIANKK, NKW YORK, and
NOUFOI.K, VA.
COTTON, GKA1>, PHOVl!4IONS,
btockH and Petroleum.
Orders executed in New York. Chicago and Liverpool.

All grades of coiton suitaOle to :splxuiers'

muu oOsred on favorable terms.

135 Pearl

»treet,

New

York.

Orders for Spot Cotton and Futures promptly
executed.

FELLOWES, JOHNSON & TILE8T0N,
COTTON, STOCKS, BONDS, ice.,
96 WILLIAM S1REET, NEW YORK.
Ordan tn " Fntnrw" exeButad

at N. Y. Cotton

Bx«k

C OMMER CIAL UNION
Assurance

Co.,

limited,

of london.
Offioe,

0or.PinediW%aiam8U.,NnB,Ttrk