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pnattc|a(;

roniae
HUNT'S MERCHANTS* MAGAZINE,
REPRESENTING THE INDUSTRIAL AND COMMRRCIAL INTERESTS OP THE UNITED STATH8.
Wm.

(Enterwi socordiiig to act of Conirreas. In the year 1884, by

VOL.

NEW

39.

AMERICAN
Bank Note Company,
BROADWAY, NEW YORK.

.t

Oo

In the olllce of the

,

13,

DIAMON DS.

Fred. H. Smith,
BROAD ST., NEW YORK.
STOCKS, BONDS AND PETROLEUM
No. 30

&

Co.,

IMPORTERS,

01*

Members N. T. and Philadelphia Stock BxohaQKes

aud most artistic style
STEEI, PLATES,

S.

nr. €or*

Stocks, Bonds,

Third and Chestnaf

Sta.,

ibo.,

Private wire to

Cttleuduri*.

booght and sold on oommlsslon

InTestment Securities.
Mew York. Baltimore ttnd other

Taintor

THEO. H. ntEELAND, Secty.

PoTTia, Prest.

p.

J.

W. Work,

DEPOSITS

Holt,

•
- .
- • -

Buy and

.

.

sell

.

of Banks and Bankers solicited.
Collections made upon favorable terms.

G. E.

Member

GEO. H. HOLT.
L'HUILIKB.

TAINTOR.
G. D.

WASIIUURN A
TOWNSEBTD

Ooremment Bonds botwht and sold.
A. Trgx.

and

CALJ>WEL.L,,

Aoeonnu

THoiua

GOVERNMENT, MBNICIPAL

Private telegraph wires to Providence and Boston.

..... 9400,000
400,000
.

STREET, NEW YORK.

a GENERAL BANKING business.
received and INTEREST allowed on

RAILROAD Bonds.

BOSTON.
OAPITAIi,
SCKPIiVS,

W. B. D. VysE,
N. T. Stock Exchange.

BANKERS AND BROKERS,

No.

8

irAIiL

STREET.

Vyse & Son,
BANKERS AND BROKERS,

Transact a general Banking Business, including ths

66 Broadway A 7 Bxohange Court, N. Y.
Branoh ODIoe at the Everett House, Union Bquare
and 17th Street.

New Tork

81

Sc

Gilder
33 BROAD

&

Farr,
ST., NEW YORK.

BANKKRa AND BROKERS.
Interestpald on Balancefl. Securities carried on
MarglB. GoTemment Bonds and uther lnTe»tment
Securities bousbt and sold on commisson. Special
atteQUoD to oraera by mall or teloKrapb.

TINKER & WESTON,
2

T. Btook Kzeh.

STOCK .BROKER.
Lansdale Boardman,
NEW YORK, 80 BROADWAY A 5 NEW 8T
HALL BUILDING

StICCESSOKS TO

Lansing C. Washbukn.
CAUJWKix.
TowNSiND. Member N. T. Stock £lxoliaut.a

J.

ALrBBD

B.

the Nen

listed at

STOCK BllOKEKS
St. and ST Excliange Place
STOCKS, BONDS, GRAIN and PKOVISIONJ
bought and sold in New York and Chicago.
Chicago Correspondents, WM. T. BAKER & CO.
Direct and exclusive private wire.

23 Broad

R. A. Lancaster

New York

&

Co.,

BANKERS AND BROKERS,

BANK 'building,

UfTITED

BROADWAY AND WALL STREET, NEW YORK
DEALEEU in

Railroad

&

J.

Miscellaueons Securities.
Sectirities

a SpedaUy.

Mahoney

F.

Co.,

J.
BANKERS AND BROKERS,
No. 18 IV aU Street, New York.

Seventeen Years' Membership in the
Stock Exchange.

DAVIS.

AND COMMISSION MERCHANTS,

No. 16

&

A.

securities

Jameson, Smith&Cottmg

Southern

Kimball

alt

sight draft.

&

Co.,

W^ALL STREET,
DEALERS IN

Il^VESTMENT SECURITIES.
All classes

bonght and

of

City,

Town and Railway Bonds

sold.

_^^

Lounsbery.

Frid. a. Bbotht.

p.

Brown.

NO. SO NASSAU STREET,
NEW YORK.

Opposite Stock Elxchange.

N. Y., 14 & 15

R.

Co.,

NEW YORK,

ST.,

Stewart Brown's Sons,
STOCK BROKERS,
Walston H. Brown & Bros
88 PINS STREET, NEW YORK.
BANKERS

New York.

TROY,

C. B.

Secoritiee dealt in at ths

on deposits subject to

&

Huestis
PINE

BANKERS AND RROKERS,

Stock Exchange.

Interest allowed

Chas.

all

WALSTOH H. Brown.
HiRBKKT

EXCHANGE COURT,

Bbtbt C. Tutkib, Memlxr N.
KBCaSBLAIB WiSTOIf.

Porchase and Sale of

Robert J. Kiubai^l.

BAlfKEBS ASn BBOK£BS,

No.

31

York Stock Exchunge. For Sale,
First-class Railroad Fikst moktgaoe Bonds
qkorgk c. wood, f! h. huestis. i* m. 8wak

balances.

Maverick National Bank,

S9

Execute orders In

TRANSACT

Cashier.

Dayton,

M'OOD

&

STATNEB

SpedaL

&

placef>

BANKERS.
No. 10 l¥AI.Ii

TO

Wood,

In

:

H. STAYNER, Traas.

N. Y. St'ok Ex. O. H.

DRBXEL BUILDING,
New^ York.
STOCKS AND BONDS BOUGHT AND SOLD
STRICTLY ON COMMISSION.

Philadelphia and,otbar cities
Particular attention fdven to Information regardinji

EliANK BOOKS OP EVEBY DESCBTPTION.
ALBERT G. GOODALL, President.
VICE-PRESIDENTS
A. D. SHEPARD,
J. MACDONOUGH,
TOURO ROBERTSON.
W. M. SMILLIE,

Asa.

Petroleum Exchange.

S

Earl
8S

Deposlta receWed subjeoi to check at Bight, buO
Interest allowed on dally balances.

Firepr<iof Buildings.
LITHOCRAPHIC Alio TYPE PRINTING.
BAILWAV THKETB Of IMPR<>Vi:i> STYLES.

i.

W. Smith,

BANKERS AND BROKERS,

Co.,

PHKIiADEI^PHIA.

nie of tha

SAFETY PAPERS.

Cordis LubclM,

&

BANKERS.

lafasnardi to preTCSt C0U1ITE2FEITQI3.

liliow

H. Taylor

L.

FROM

for

years.

Wm.M. li:AKi.^Memb.
A. U. DATTUN.
A. H. MUBE.

ENORAVING AXD PRINTING,
NOTKS, SHABK CKUTIFICATKS,
BUNDS FOK GOVERNMKNTS AND
CORI'OKATIONS, UKAFTS, CHECKS,
BII.I3 OF EXCHANGE, STAMPS, *c..

SAFETY COLORS.
Work Execute<l in

all railroads for past twenty
Parties desiring to buy or sell unquoted securities will do well to communicate.
F. H. Smith, ( Members N. Y. Mining & National

Intimate knowledge of

S.

182 Broadway, Cor. John Street.

BANK

Iptdal paptn nanofactnred ndniiTel^

1,003.

'ginnuciul.

Forelsn Governments.

ffltk ipedll

NO.

1884

^iuaticial.

Alfred H. Smith

BONDS, POSTAGE & REVENUE STAMPS,
LEGAL TENDER AND NATIONAL BANK
NOTES, of the UNITED STATES; and for

In the finest

Librarian of CongreBs, Wasblnt^ton, D. C.J

Bought. Sold, and Carried on Margins.

ItuHlnrn* Founded 17!*5.
Iseonotited saler Lavi of State o{ Kew Totk, 1S68.

UcoreanUed 1870.
Engratkrs and Primteiw

Dana

YORK, 'SEPTEMBER

^iuaticial.

142

K.

,

Private Wire to Troy.
Secvities canted OD manrlo. Interest paid on baPnees

R. T. Wilson

&

Co.,

BANK£RB AND COMMISSION MERCHAN'I S
a Exebans* Court, N«w York.

Randall

&

Wierum,

50 EXCHANGE PLACE,
Brokers in Railroad Stocks and Bonds,

OOTBBWWBNTS * fORBIOK EXOnASOM.
Cuas. K. RANDALL, _

Member N.

^

Y. Stock Szohaiute.

Otto

c.

wubcm

THE CHRONICLE.

li

'goveiQU %xthvinQ6,

&

Morgan

Drexel,

liforjeifltt

COHNER OF BROAD, NEW YORK.
Drexel

&

~l)rexel,Harjes&Co

Co.,

Nos. 19

BOXESTIO AND FOREIQN BANKERS.

Also Commercial Credits and Transfers of Money
on California, Europe and Havana.

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

MORGAN

Brown
No. 69

&

Brothers

STREET,

TI^Al,!.

N. Y.,

BUT AND SKLL

BILLS OF EXCHANGE
IRKLAND, FRANCK

ON QRBAT BRITAIN AND
OBRMANY, BKL«1UM, SWITZEKLAND,N^^^
WAY, DENMARK, SWEDEN AND HOLLAND.
Issue Commercial & TraTelers' Credits
AVAILABLE
And

IN STEBLINO.
ANY PART OF THB WORLD.

:

DRAW ON

THE UNION BANK OK LONDON:
BRITISH LINEN CO. BANK, LONDON AND

all

&

T.

&

Stuart

Co.,

NASSAU STREET.
BILLS OF EXCHANGE ON
SMITH, PAYNE & SMITH'S,
33

BANKERS, LONDON;

MANCHESTER

4:

COUNTY RANK,

"LIMITED!"

MANCHESTKR, PAYABLE

BELFAST, IRELAND;
AND ON THE

Ofler Investment Securities.
Buy and sell bonds, stocks and securities In all Am-

ericHO, Canadian, British and Dutch markets on commission. ( ollect dividends. couiK>ns and foreiKU and
Iniaud Drafts.

Exchange on
MEI.VII.I.F., KVAN?* A: CO., ,
Sell Bills of

William Heath

&

Co.,

10 Xtarosmorton Ave., IfOudon, Bnie*
Draw Bills of Kxchanjre and trttnsact a (reneral
flnanciar ct^mmtsslon business. I'articular attentton
e'tVen to American awcunties.

William Heath
No. 19

Ha«

&

Co.,

Sciibe, Parln.

Orders solicited for Tj(^ndon and American markets
for investment or on murKin. Ilaitway, State and
Oity Ijoans negotiated.

John Munroe

&

MUNROE

CO., PARIS.
STERLING OHSgUES AND BILLS AT SIXTY
DAYS' SIGHT ON
ALEXAUDERS & CO., LONDON.
CIBC0I.AR Notes

Schulz

&:

and Crkdits fok Tra tilers.

&
BAN

Ruckgaber,
KERS'

as W^ILLIAM STREET, NEIV

BOSTON,

YORK

(Limited) London.
Messrs. Jolin Hcrpnber«2;, Gossler & Co.
Hanibur{£.
Messrs. Marenard,KraiiK«di: Co., Paris
(Commercial and^ Travelers' Credits.
Cabl* TnuuTan.
of lExcaaniie;

Frank

V.

>

Members

DicKLNHON«t

of the N. Y. Stock

and Minlntf Kxcbanees.

^

Sons,

18 Broad Street, Nenr York..

DEAhKRS

IN

FIRST-CLASS IXVESTMEMTS.
Buy and

Sell

on Commission, for cash or on marw
tbe New York Stock

gtn. all securities dealt In at

iCxcbanKe.
Interest allowed on daily balances.
AU deposits subject to checit at sitrht.
Parttcular attention to orders bv mall or tetenrapb

H.

Ma

aiitl

Sts.,

New

York.

CABLE TRANSFERS, BtLLS OF EXCHANGE
AND
Commercial AND Travelers' Cuedits.

RARING RROTHERS & CO., London
PERIER FKERES A. CO., Paris.
MENDELSSOHN & 4:0., Rerlln.
J>

BROTHERS,

ANKKR

120 Broadway, E(iiiUal'U'

S

,

Bnilrllng,

LETTERS OP CREDIT AND
CIRCULAR NOTES

bought and sold on commission.

&

Whitely,

!

^

Buy and sell on c*»nimls«Hin all classes of Rallroa4
Securities; aNct (Jrain iind Provision^.
PrivHie Tcleyrii|>ti wire- tu Philadelphia, WlImlnKtop. Ualtliixite. WashinKlon.BridKepurt, Newllaven,
Boston and PittsburK-

&

FOKEIGN KXCHANGE, GOVKKNMKNT
AVnOTREHlNTKflTMKNT BONDS.
IN

STERLING LOANS A SPKCIALTY.
54 \%all St. aud «:£ Cireeue M., iV. 11,
Buy ace! sell on commlBSton, fur InveatmeDtor on
murffln, all securities dealt In at tbe New Vork Stock

(Members New York Stock Kxchaniro.)
Accounts* of Banks. Bankers and others received.
Interest allowed on Balances. A strictly Coiuuilsalon
Business in the purchaj^eand sale of storks and honds.
Private Telegraph Wire to Albanv. Troy. Svrja-a-e,
Rochester, Utica, Buffalo, Cleveland and Chicago.
l,undon in amounts to suit.
Draw on Citv KhrK
Special attention trlyento Securttteslor InTeclmeni.
i-t

B. E.

WALKER,

JOINT AGENTS

Canadian Bank of Commerce,
16 EXCHANGE PLACE.
BUY AND SBLL STERLING B.XCHANGE, CABLE
TUANSFltKS, ETC.
18SUB COMMERCIAL CREDITS, A VAILABLE

J.

ALL PARTS OK THE WORLD.

W.

Wilson

62

FRONT
NEW

Bill*

Co.,

WALL STREET, NEW YORK.
DEALBBS LN ALL KINBS OF

Railroad and InTestment Secarlties.
SOUTHERN PECnRITIBS A

J.

BPECIAI.TT.

&

A. Kohn

Co.,

BANKERS AND BROKERS,

19 Broad St.,N. ¥., Mills Bnlldlne,
Transact a General Banking: Bu.siness.
ForelKn KxchanKe, Bonds. SIocks and MiscellaSecurities bouKht and sold on commission.

eous

Memb. N.Y. Stock Exch.

GOAD BY &

IN

&

Simon Borg
No. 8

Jirtms A. Kohn, David ocua. Mokitz Ochs,

BxcDange.

J. H.

Bishop,

BANKERS AND BROKERS.
No. 35 PINE STKEKT, IN F.W YOBK.

Chas.

DEALEK8

w

No. 64 BROADWAY, NKAV VORK.
BRANCH- OFFICES
f-^n,^t^''Sr-a?h.n;t;jr,'b c

New York.

Issued for tbe use of travelers in all parts of the
world. Bills drawn on the Union Itiink of London.
I'etevraphic translers made to J^ondon and to various
places in the L'nited v-^tates. Deposits received subject to check at siKhl. and interest allowed on balr
ances. (Government and other bonds and Investment
securities

R.

Hamilton

CORPESPONDEWT.S:

KOIJJ\TXE

Wm.

TRAVKK3,

Priiiee

IVLASS.

Nassnn

CKrGKR OAKLBT,

\Kn C. Kyrb,
I). C.
Spe<:iHl Partner.

llKNity U. DonoE, WasldriKion.

Co.,

FOREIGBT BANKERS,

CORRESPONDENTS OF THE
Interiiatloiial Rank of London

9UK

&

of

CHEQUES AND CABLE TRANSFERS ON

J08. C. WAix-otr',

jAMEfl WHITELY,

Unger & Co.,
AND BROKERS,
Co., BANKKRS
Members
the New York 8tock ExcbanRe,

No. 32 Nassan Street, NeTV York,
No. 4 Post Office Square, Roston.

Co.,

stocks and Bonds bouKlit and sold on ('om mission.
Orders received in MininK Stocks, and In Unlisted
Securities. Culiectlonsmade tind Louns Negotiated.
Ijividends and Interest Collected
Deposits received subject to Draft.
Interest Allowed. Investment Securities a Specialty
We issue a Ktnancial Hnport Weekly.

UAKRV C Logan.

CABLE TRANSFERS AND LETTERS OF CREDIT
PARIS:
LONDON:
NKWVOKK:

No. 80 Rroadivar, Nenr York.
Members of New York Stock Exchanxe.
FOREIGN EXCHANGE. CABLE TRANSFERS.

ONDON

OVENS & SON. A.IISTERDAM.
IIOTTlNtiUEIl ifcCO., FAKIM.

Cor. Wall

William Heath & Co.,
BACKERS AXD BROKERS,

&

BANKBR8 AND BROKERS.
No. 24 Pine Street, New York.
TraoBact a General Banking Bmtiness

II.

KDINBUKOH, AND BRANCHES;

DAYIS. W.G.H.HIATB.

'^xoVitTcs.

C. Walcott

J.

16

RANKERS.

Kidder, Peabody

ALSO,

^^liktvs awd

Co., Geo* K. Sistare's

Act as Asents for Banks, Bankers and Railroad
Companies.
Issue commercial credits, also foreltm and doniestte
travelers' letters of credit In pounds sterling A dollars.

NATIONAL RANK OF SCOTLAND,

*=•

&

(

LONDON;

IN

ULSTER BANKING COMPANY,

CHa».'k" ymsCKY.''""*

N. Y. Stock Bicb.

WIIjLIAM street,

No. 63

Canada, and of Drafts drawn in the
United Stat«s on Foreign Countries.

J.

Member

Kennedy Tod

dravrn
COLLECTI<»NS OF DRAFTH
HAKE
J.
points In the United 8tat«B and
abroad on

Pavable in any part of Europe, Asia, Africa, Aus(nula and America.
Draw lyfls of Exchange and make Tele^raphlo
Transfers n(f Money on Eurone and Catifnmla.

3*20 Itroadway.
Connected by Private Wire,

ALEXANDER BAHniG,

K«N?»XT1T Ton.
H. O. NORTHCOTI,

J.

OTHER COUNTRIES.

BROAD STREET,

NeiT Yorli.
Issne Letters of Credit for Trajelerg,
On SELIGMAN BROTHERS, London,
SELIG.MAN FRKKKS & (IK.. Paris,
SKLKiMAN A STKTTUKIMKR, Frankfurt,
ALSBKRG GOLDBERG, Amsterdam,
ALT.MAN a STKTTUKIMER, Berlin.

Branch OIHre,

SCOTLAND,

IN

BETWEtlN THIS AND

BANKERS.
No. 23

New York.

62 William Street,

Accounts and A»rency of Banks, Corporations,
firms and Individuals received upon favorable terms.
Dividends and Interest collected and remitted.
Act as aiiects for corponitiens In payLi.; orupons
and dividends alsct as transfer agents.
Bonds, Btf»ck8 and securities bought and sold on
commission, at the Stock Kxchantte or elsewhere.
Sterling EzchauKe and Cable Transfers bouxbt
and sold.

In Francs, in Martinique and Quadaloupe.

TRANSFERS
MAKE TELEGRAPHIC
OP MONEY

aU parts of the

and their Correspondents.

ATTORNXT8 AND AGBNT8 0»
& CO.,
IHessrs. J. S.
Ho. 22 OLD BROAD STREET, LONDON.

Co.,

Street,

??3ejc&attflc.

& W. Seligman & Co.,

Co., J.

DE ROTHSCHILD,

MESSRS.

PARIS.

Securities
Deposits received subject to Draft.
kouKht and sold on commission. Interest aUowed on
DeiWBits. ForelKn KxchanKe. Commercial Credits.
Circular Letters for Travelers,
Oible Transfers.
•vallable In all parts of the world.

and 21 Nassan

Issue Trayelers' Credits, available In
world, thro\i«h the

K0.S4 South Third Street, 31 Boulevard Hanssmaim,

PHILADELPHIA

&

RANKERS,

STREET,

lATAIil.

'^ovziQU

^3£cfeawfle.

Co., August Belmont

XXXIX.

[Vol.

&

Co.,

ST.,

YORK.

of Exchanso and Letter* of
Credit om Mexico.

Jlenib. N. V. Stock Ex.

IIuaAM Dewing. Clark dewing, f. T. Bontkcoc.
(Member of New Vork Stock Kxcbaiuce.)

H. Dewing & Son,
BANKERS AND BROKERS,
No. 18

IPI'all

Street,

New York.

Stocks and Bonds Bought and fttild on Commission
Accf>unts received and Interest allowed on bal*
lances, which may be checked tor at siKbt.

Howard Lapsley

&

Co.,

BANKEB8 AND BROKERS,
STRBBT,
No. 24

BROAD

New York.

September

THE CHRONICLE.

18, 1884.)

and

IBatilicvs

Sanlievs and SvoUets.

^0t:jci0n ganfejerB.

MamlMn New Tork and ChKnuio Stock Buohaiwaa
alao Nav York MInlDK Hfook Kzohanaa.

THE

^votueKs.

&

John H. Davis

Co.,

NEW

RANKEKH,

Stockfi,

&

PA.,

STOCK RKOKRKM,
Stockn,
nnd 11. S. (lovemmant
Boutfht and Huld on (^ommliisloa.

SIMdNS.
BKTXRLT CHIW.
Member N. T. .'^lock KxchanKe.
Maniber N. Y. Pn»<luoo Kzchanse.
JAH.

II.

Co.,

& Investment

StockR. Bonds

&

Hatch

SS

WALL

YORK.

PrlTate Wire to WashlnKtun.
CO.. WASHrNOTim.

&

Bouden

DC.

daases of Securities dealt

Jenkins,

and

paid on

or

NEW

the
YOKE
reputable Securities

In at
all

&

S

]y

LONDON, ENGLAND

.

.

Head

7,871,100

—

••

"

InTeatment Securities.
P. O. BOX a,647.
Watland trask. h. j. MoRsa.
IlIXiLto

Rotterdam— DE WI88BL-en EFFECTENBANK.
Enschede— B. W. BLIJDENSTEIN, JR,
Almeloo-LEDEBOER & CO.
Transact a general Banking and Commission Btisl*
oess in Bills, Stocks, Shares, Coupons, Ac

New York Correspondents

I.NTKKK.ST

'ASH OK

SUBJECT TO CHECK AT .SKJHT
,,

.

D. A.

P. O.

„

BOODV.

o.\

.MAl,.

I.NVKSr.MK.NT .SFri Rl

ALLOWED ON

DEp6slT-i
"^^^"HliS

Box

447.
C. W.

McLkLLAN,

HEtTBEN LELASD.

Street, Corner Broadway.
BOyon a OOUitgftClAL PAPER.

u.^iSffJ'v!'"!

I^nj' bought and sold on commission

•OfinaM paoar and othar aeourltles.

~ v

n

HUNQ KONO.

Ck>rporatlon grant Drafts, Issue T.etters of
Oedit for use of Travelers, wnd negotiate or collect
Bills payable at Btmibay, Cu.i'utta, Singapore. Saigon

.Manila,
Hong Kong, Foochow, Amoy, Ningpo'
Shanghai, Hankow. Yokohama. Ulogo, San frYan^sco
and l.iondon.
I»I.

TOWNSKND.

A. P.

BANKERS,

OFFICE,

60

Agent. 47 William

TURNER
THREADNEEDLE

Hi,

CO.,

Sl
STREET,

I>0]V1>0.\.
liKMRKRn
EMBERS

J
j

New

Y'ork Stock Exchange.
pjiiiBdelphla Stock Kxohanga.

L. de Steiger

Snrplas,

jei,956,410 SterllnK.

Blake

&

Brothers

Co.,

L.ONBON, ENOLAIVB,
Solicit aooonnts and agencies of Banks, Rallwajt.
Corporations, tlrms and Indlrlduala, apon farcrable terms; also orders for the purchase and
sale of Bonds, Shares, Ac. ^^on Commission
on the Stock Exchange.
Ifesotlate Railway, State and Cltj Loans and
IsMue Commercial Credits arallabte in all parts of
the world.

Adolph Boissevain & Co.

BANKERS

AMSTERDAM, HOLLAND,

17 500 000
ilOOiooe

The

Jr.

UNITED BANK BUILDING,
Wall
STOCKS,

CAPITAL PAID UP, wltk

AND

BANKING CORPORATION.
UKAD

Trml

(Limited).

Shanghai COniniSSION niERCHANTS,

CAPITAL
RKSBRVE FUND

*.

9MaUaudc(m

:

KNAUTH. NACHOD & KUHNE

Messrs.

BANKEKM
88 llrondn-ajr, cor. Exchange Place, N. Y.*
Branch oni<e, l!fS l^a «nlle ^I., Chicago,
-^ "iKVKRAl, HA.NKI.Nti BUSINESS
T'Ji^^-'??''^^"''
INCLri)I.V(; TlIK I'UKCIIASK A.\l> S.\l K
OK
'*">l'^ ^"l'

{30.

56 Threadneedle Street, E. 0.

Hong Kong &

BUY

(1339.945.56)

W. BLIJDENSTEIN 4

&

as the Railway 8?utre

($3,148,440.—)

Office,

B.

13oodi|,

TIES.

HOLLAND.

ltl61,

849,863 87

Nos. 6S

Sell

?^^V* ".^..J.^"
UI.V.
A.M) Si;i,l,

Oireetort

Company

;

Neiv York,

.

Same

CO.,

Amsterdam.
BRANCHES
London— BXCHANOB 4 INVESTMENT BANK

,

(LIMITED),

BANK BVILDINOS,

8nbecrlbed Capital, 8.000,000— Oallden(t3.200.000.—)

' General Banklnx Business, IncludlnK
,1^'l^S^
the
purchaae and sale of STOCKS and ioNDS tar
oaab or on margin.

W, C«

.

Established

WALL STREET,

,

London.

Co.

W. BLIJDENSTEIN &

Paid-Dp Capital,
Reserve Fond,

Boy and

<^ble Addresa— PATT.

Bankvereeniging,
B.

'^.

A. M. Keddis.

or Registration of. Stocks in London, or othenrlaa.

De Twentsche
AnSTERDAm,

C^ Co.
BA KER

maU

payments of Interest on Loans. Dividends oo

No. 4

DEPOSITS, subject to check.

No. 18

ter of

COMPANY

the

In

Railways and other Corporations, either In the

Co.,

and

BANKERS AND BROKERS. Railway Debenture Trust

OPEN MARKET. LOANS
COMMERCIAL PAPER negotiated. Interest
and sold

boujjht

Rallwara, negotlatea

embers N. Y. Stock Ezchange.

Pnrohtss and sell on Commission QOVBRNMBNT
and RAILROAD BONDS and STOCKS, and all

STOCK KiCUANOE,

approved

Loans on the London Market, acts aa Agent for

- l^ewYoRiO

§T.

Managing Director.

Fhankenbeiher, M. Selioman,

L. 8.

Asiel

-BnnKERS25 f iNe

Issues

N^iv Vork.
B. AsiiL.

Esq.,

P

Yoitno. Bart.

WTALL STREET,

8

and Porelen Exchanse

BATRMAN *

Druumond Wolff,

This Ck>mpan7 undertakes the baslness of Tmatee

BANKERS AND BROKERS,

No.

I.

G. C. M. O., K. C. B., M.

to Loans of

NEW TORK

W. H. Goadby &

DOUOLA8H UHKtlv,

Chairman.

P.,

C. 8.

Son,

WALL STREET,

No. 29
DKtZKL BnLDINO,

Memb.N. Y. Cotton Bxcb

NEW

Sir Hinry

FBANCIS PAVY,

BANKERS AND BROKERS,

BATEMAiV,

STHKKT,

Stocks, Cotton

&

C. Humbert

E.

Foote,

M.

MAL.COLM A. LAINQ, Esq.

UUMBSUT

JOHJC J. C.

Esq.,

HXITBT HOPKINSOV,

John Horatio Lloyd, Esq.
John Pinder, Esq., M. P.

CEDAK STREET.

E. C. HOaBkKT.
Member N. Y. Stock Exoh.

Inveatment Becontlea a
spedaltj, execute orders In STOCKS and BONDS
lor caah or carrj the onme on martrtn. We transact
agenenil BA.VKI.VO bunlnes* and ALLOW l.NTKRKST un 1>KI'()SIT.<. ISrancli offices, connected bj
private wire. Norwich. Conn., and Bnoton. Mass.

Sc.

LAING.

Sm Chahues Lawhinck

We make U. S. Bonda and

OREEN

Co.,

Banking Bualness. boy
and 8eU tiOTenunant Bonda and Inveatment Seourl-

No. 13 Wall Street, N. Y.

A. R.BATKMAN,
Uemb.N.Y Stock Bzch.

S.

OimRAL

N. Y.,

Orders executed on the London and Kuropean
market.

BANKERS,

DlREOTORa:

In addition to a Oeneiml

Securities

EXCHANCK PLACE,

aO

Capital Paid Up, ^6971,360 St«

BANKERS,
No. 63

&

Pondir

Co.,

&

Oilman, Son

ADotraTDs Nathan.

John pondir.

LONDON, ENULAND.

New York and Cblaavo mark«t&

b'mffht and .old in

Haouiltles

lloiiriit

BANK BVILDINOS

No. 4

BpMlaL

BANKBKR AND HK0KER8,
16 dc 18 Broad Street, New Tork.
8TO0K8, BONDS, i;kaIN AND PROVISIONS

Chew,

(LIMITED),

N .LINBLST.

&

C. J. Turner

Railway Share Trust Co.

B«oiirttle«.

UiintHtlnnn cheerfully famished.

ruLL J. TUUNKH, jAikXoiurUk
Mamb. N. Y. Stock Kzoh.

ETchanKe<'otirt& 62 Broadivar.N.Y

'I

RondH and Mlsoellaneoiu

CorreaiHiiidetice Botldted.

CHICAGO.

Simons

Bass,

BKOAD KTKKKT, NEW YORK.

90

PIIILADKI.PIIIA,
BALYIIflORK,

YOUK,

&

Rolston

ItANKKRS AND ItROKKUS,
No. 17 WALL ST.,
YOKK.
MembanoXNow York * fhllHaalphUi Stock JCxoh'trat
VHIVATE WntKS TO:

ill

&

Co.,

BANKERS,

FRANKFoRTONXAtN, eEBHANY.

N. Y. Ctnreapondenta— Meaara.

Blaki

Bitoa.

&

Oo,

TUB
Anglo- Californian Bank
LONDON,

(LIMITED).
Office, 3 Anf;el Court.

Head

SAN FRANCISCOOfflce,422

NEW YOKK Agents, J.
BOSTON

A.

California St.

W. SellKman & Co.

Correapoud'tg, Massachusetts N.

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

Bk

96,000,000
- 1,500,000
- 400,000
-

Transact a general banking buslneea. laane Commercial credits und Billsof Kxchange. avatlahle In all
p^rts of the world. Collections und orders for Bonds,
Stocks, etc, executed uuon the must favorable terma.
..

~~
FRED'K F. LOW.
("•""*"*
JONAIZ STEINUART. |„

•••N. t.U.tBM'TliAlj,

I-

-

THE CHRONICLE

IT

'gaveisu ^^nUtts,

Cfl^atiadiati

L.OIVDON, EIVCL.A]WI>.

Capital,
Reserre,

..... £4,000,000
......
4,000,000
-

Authorized Cnpltal,

:

Paddlnjrton,
Aldgate,

Hill,

KnlghtsbrldKe,

Old Street,
London.

Holbom,

The Bank^htle oondnctlnK the
of London Bankers, gives special

JOHN

B.

JH..

Zealand. Bills nefrotiated or sent for
Telegraphic Transfers made. Deposits
received In London at Interest for fljced periods on
terms which may be ascertained at the office.

Brewster,

.......

HEAD

AL80,

and United States Bonds.

Cashier

Wilbour, Jackson

OFFICE, TORONTO.
BRANOHUS:

53

Sterling Exchange.
Agents in New York:

London
BOBANQUET, SALT & CO., BANK OF MONTKKAI,
73 Lombard Street.
59 Wall Street.
Agents

in

:

I

& Co.

I

Promptest attention paid to collections payable in
any part of Canada.
Approved Canadlcin business paper discounted at
the Head Office on reasonable terms, and proceeds
emitted by draft on New York.

^TEYBOSSET STREET,
PROVIDENCE,

&

R.

Perkins,

New York and

Dupee

&

Boston.

Co.),

F 8MrrEEE8, President.
W. J. BUCHANAN, Seneral Manager
IfXW YORK OFFICE,
Nos. 69 & 61 'WXJaJa STREET.
WALTIR WATSON,) *«<'"''•
.„„,.

Bny and

Samuel G. Studley,
COMMISSION STOCK BROKEK,

(

Sterling Exchange, Francs and Cable
Transfers: grant Commercial and Travelers' Credits,
available In any part of the world; Issue drafts on
and make collections in, Chicago and throughout the

No. 4 Excliange Place, Room No.

4,

BOSTON, MASS.
MEMBER OF BOSTON STOCK EZCHANOB.

Dominion of Canada.
Office,

C. E. Jackson

No. 9 BIrcIiln Lane.

Bay and

sell

Government,

Railroad Bonds and Stocks.

North America,

Wm.

ing

Buy and sell Sterling Exchange and Cable TransIssue demnnd drafts on Scotland and Ireland;
also on Canada, British Columbia, San Francisco and
Chicago.
Issued In Pounds Sterling
available in all parts iif the world.
COMiVIER.
for use in Europe,
China, Japan Hm! the Kii^t and West Indies. Also,
BKAZII.IAN
'S.°£'t'' Vf '^'^^*'
Limited, available In the Bnulis, River
Plate, &c.
Bills collected and other banking business transacted,
D. A. MCTA VISH, i , „.„.

CIRCUliAR NOTES
CIAL CREDITS ISSUED

LONDON

Co.,

State, Municipal

and

Investments for Sav-

Banks 'a specialty. Collections made.

&

j

Agents.

(KBY8ER BUILDING^
<t 25 GERMAN
STREET,
BALTIinORE, KID.

Nos. 23

Box

397.

Members Baltimore Stock Exchange.

THE CITY BANK

OF

HOUSTON,

Houston,
We

special
Aooesslble points.
fflTe

Texas.

attention to

Directors.— Benjamin A.

collections

Buchan,

TORONTO, CANADA.
attention given to Collection of Commer
.•???^P' and Canadian
t^inds on all points In Canada
American and Sterling Exchange, and StooksiBonifi;

etc.,

Torkt

N«*

&

Stackpole,

all

Baldwin, W. B. BotU. Uob't Brewster, S. K.
Mcllhenny, B. K. Weems.
BBNJ. A. BOTTS.Prest
B. F. WKBM8. Cashier.

C. C.

W.

T.

Blackwbll,

P. A. WnJIT»
Cashier.

The Bank of Durham,
With ample means, and facilities excelled by no
Bank in the State, invites correspondence and pays
special attention to collections.

Thos. P. Miller

&

Co.,

BANKERS,

BANKERS,

raOBILE, AliABAMA.

DEVONSHIRE STREET,
BOSTON.

No. «0

Special attention paid to collections, with prompt
remittances at current rates of exchaniie on day of
payment. Buy and sell State of Alabama and City
r^f

Mobile Bonds.

Correspc.ndents.— Bank of the State of New York
Louisiana National Bank, New Orleans
Bank nf Liverpool. Ijimited. Liverpool.

New York

g^tttXBiglxratiia gawluerB.

Rea

Brothers

\<tnii
'

&

Co.,

BANKERS AND BROKERS,

No. 91

olal Bills

New

on

Botta, Pres't; F. A.Rloe,

Wm.

C.

;

CouBTNir. Pres. brmkst H. Prinolc, Caab

BANK OF CHARLESTON,

BANKERS AND STOCK BROKERS,

bought and sold.
Corre«pondent»— Bank of
and AlUaawi Bank, Londoni

Parker

&

H. STIKEMAN,

Gzowski

B. Olitib.

BANKERS AND BROKERS,

WALK, STREET.

fers.

B»KK

WM. MiDDINDORr.

IHIDDLETOIVN, CONN.,

or

No. 62

&

BANKERS.

T H-E

Bank

British

J.

Middendorf,Oliver & Co.

President.

AGENCY OF

& Co.

CAPITAI,, $600,000,

sell

London

a

fni.

BOSTON, MASS.
Daalara In Hnnldpal. State and Hainoad Bond*.

ALKX'R LANG,

and information

Robert Garrett & Sons,
BANKERS,
No. 7 SOUTH STREET,
BALTIMORE,

Co.,

Bank of Montreal.
(Formerly CHA8. A. Swiir *
BANKERS
AND BROKERS,
OAPITAI., ... 913,000,000, Gold.
SURPLVS, ... $6,000,000, Gold.
No. 40 STATE STREET,
O.

Correspondence solicited

TRANSACT A GENERAL DOMESTIC AND
FOREIGN BANKING BUSINESS.

I.

Dealers In Commercial Paper, GtoTemment ana
other first-class Bonds and Securities and Foreign

BxohanKe.
Private Telesraph Wire to

Co.,

specialty.

N. Y. Correspondents— MoKim Brothers

BANKERS AND BROKERS

Brandon, Man.

&

BANKERS AND BR0KBR8,
BAIiTIinORE.
INVESTMENT and SOUTHERN SECURITIES
oisoed.

JosmTA WiLBOiTR,
Charles H. Shkldon, J r.
BKNjAHiN A. Jackson, Wiluam Binnkt, Jr.

St. Catharines, Port Colbome, St. Thomas, Ingersoll
Welland, Fergus. Woodstock, Winnipeg, Man.,

Dealers in American Currency

CHESTNUT STREET,
PHII.ADEL,PH1A.

No, 322

Wilson, Colston

BOSTON STOCK EXCHANGES.

91«500,000
96T8,000

WILKIB,

D. R.

Gerlach,

galtimotJje gawlierB.

BOSTON.

Imperial Bank of Canada.
HOWLAND, Pres't.

&

Narr

Estabrook,

Dealers In ITInnlclpal, State, Railroad

8.

Stocks and Bonds Bought and Sold on Commission.

O.iars executed by private wire in New York, Bos
ton and Baltimore.
Drafts Issued on all principal points In the United
States and Europe.

MEMBERS OF THE NEW YORK AND

©auafliau ^attUcrs.

H.

Phlladelpbla.

St.,

CONGRESS STREET,

No. 36

STUTTGART, GERMANY.

-

Co.,

DEALERS IN CAR TRUSTS AND OTHBB
INVESTMENT SBCURITIB8.

BANKERS,

AlWERICAN BANKERS,

-

No. 35 Soutb Third

f

Cobb

&

Bacret,arT.

Co.,

-

&

Clark
BANKERS,

gawfejct;?.

gtifllatijft

3|jextr

New

OAPITAI. (paid up),
SrBPIiVS,

W.

E.

.„„,,
Agents.

1

HARRIS,

PHILADEIiPHIA.

BANKERS AND BROKERS

Collection.

&

Sterling Bx-

HENRY HAGUE,

Guarantee and Reserve Funds, JE727,710,
Letters of Credit and Drafts Issued on the 100
Oranches of the Bank in the Colonies of Queensland,
New South Wales, Victoria, South Australia, Tasma-

PRiriRAlIX JJKI.RY.

^^vCkfixs.

Robkbt m. JANNvr.

M. Shoemaker & Co.

Bsq

Neiv Tork Agencr, No. 61 IVall Street.

Australasia,

Narr

-

The New York Agency buys and sells

(INCORPORATBD 1835.)
4 Tbreadneedle St., liOudon, England
PAID-UP CAPITAL, £1,600,000.

nia and

-

ohange. Cable Transfers, issues Credits available In
all parts of the world, makes collections in Canada
and elsewhere, and issues Drafts payable at any of
the offices of the.bank In Canada. Every description
of foreign banking business undertaken.

Keneral bnslnem
attention to the

Airency of Forelffn and Colonial Banks.
A. G. KKNNEDV. Manager.

Bank of

-

•

OBORGE HAGUE, General Manager.
J. H. PLUMMER, Assistant General Manager.
BANKERS:
LONDON^^BNG.— The Clydesdale Bank (Limited.)
HEW YORK—The Bank of New York, N.B.A.

Tottenh&m Court Boad

Street,

Jos.

Shoimaksb.

BANKERS AND STOCK BROKERS,
$1,150,000 No. 134 SOI7TH THIRD STREET,

President,
Vice-President,

Reserve Fnnd, iESOO.OOO.
OFFICE, THEEADNEEDLE BT.

Bond

JOS. M.

$5,700,000 Paid Up.

-

ANDREW ALLAN, Esq.
ROBERT ANDERSON,
HEAD OFFICE, mONTREAI,.

1.000,000

.

HEAD
Ludgate

I^ietmsglwattia

OF CANADA.

(LIMITED,)

BRANCHES

%wcCkzxs,

Merchants Bank

The City Bank,
Subxcrlbed Capital,
Paid-Up Capital

[vou xxxrx-

WOOD STREET,

PITTSBVRO, PA.
Dealers in Oovernment, State, County, Municipal
and Knliroad Bonds. K;tocute orders in all SRCURITIBS li»t.a at the now York and Pl)ll«««li>i,ia
titon Kitohanfes by PrtvM* Wire.

National Banking Association
CHARLESTON, 8. O.
special Attintion oivxn to Collbctiokb.
H. BCTRRUSg, Preat.

A, K.

Walkbr,

Caahiar

First National Bank,
WILmiNOTON, N. O.
<iaiiMU«» f>K««

911 all

parw •(

Um vmta* B<n«»'

THE CHRONICLE

SGFTKMDIlUt 18. 1884.]

^WLst ^omprmits,

j^onfhevn fauttctB.
MERCHANTS' NATIONAL BANK,
HKimOND, VIKUIMA.
CoU90tlon« maito on «r. Soatbern poiuti on bwt
'^
'
JOHN P. BRANCH. PKMWent.
Jon» F. Olenn. Ca»h. t'lticD. R. Scott, Vlo«-l*r»i't
•

THOMAS BRANCH A

CO.,

MKnCHANTS.

BANKEH!< AM) COMMISSION

VIHUIMA.

KICIIltlOND,

Vlrslnla nondB funded nnder th« FandlnR Act
par cent oomml»pawetl hy the iMt LciilaluLurc, for
•lon. Now NorthCiirollna 8 per cent bonds. »ecnrea
bj lien on the State's atock la the North torollna
Ratlri^d. for mile.

M

The Union Trust
an AND

ganlijevs.

&

N. W. Harris

Co.,
BANKERS,

IlVYESTMEI^iT
Ko- 176 DEARBORN STREET,
CHICAGO, II.I..
State, County, City. Town, School,
TJAXTT^a
JjV/iM Uij, and Car Truut Boiwht and Bold.
of entire Ipsuea receives npecial attenU you wlah to buy or sell.

Wrlt« us

TUB
Texas Land

&

Charter Perpetual.
Acta aa Kxecntor, Admfnlstnitor, Assignee. Receiver, Guardian, Attorney, Agent, iVustee and Committee, alone or In ooonectlua with an Individual
appointee.

Takes charge of property collects and remits In*
and lnc<mie promptly, and aUohardes faith;

tcrest

every t nist known to the law.
All trust assets kept seitarute from those of the

fully the duties of

Company.

Burglar-Proof Safes and Boxes (having chrome
f£S to ftvo per annum, In their

stool dirars) to rent at

protected by improved time locks.
Wills kept in ViiiiltH wlihoiit charge.
Bonds nnd >tock». Plato and all valuables securely
kept, undorguiirniitoo, at moderate charges.
Car trusts and other approved securities for sale.
Money received on deposit at Interest.
JAS. LONG, Pre.Vf. .lOIIN (i. K?:AI)ING, V.-Pres't
S. SToKF^. Treasurer & Secretary.
1). U. PATTERSON, Trust Officer.
DiUKCT0R9.~J times Long. Alfred S. OlUett, Allison
White, Chas. P. Turner, M. D.. William S Price, John
T. Monroe, Jos. I. Kecfe, Thos, it. Patton, W. J.

WAULON

Nead, Jas. S. Mitrtin, I). Hayes Agnew, M. P.,
H. U. Houston, John (). Heading. Theodor C.
Engel, Jacob Nuylor .Samuel Kiddle, Robert Pat-

PniLADELPiiiA; George W. Kelly, M. I).,
IlAKRlSBrua; J.Simpson Africa. Huntingi>on:
Henry S.Eckert.KEAiiiNU: Edmund 8. Doty. MiFruNTOWN K. E. Monaghan, Wbst Chkster W.
W. H. Davis. DoYLKSiuWN; Chas. W. Cooper,
Ali.kntown ThomaH G. Uood.

terson.

1871.

&

Keleher

Co.,

OLIVE STREET, ST. LOUIS,
Dealers In lireKtern Secnrltlos.
S05

Defaulted Bonds of Missouri, Kansas and Itllnota a
BoeclaJty. Good Investment Securities, paying from
4^ to 10 per cent, for sale.
1
(

)C. T. WALKKB
Cashier,

STATE BANK,
Incorporated 1875.

)

German Bank,
LITTLE ROCK, ARKANSAS.
Capital (Paid In)

•

-

-

•

$250,000

Prompt attention given to all business In our line.
N. T. Correspondents,— Donnell. Lawson & Co.

No. 234 Finh Atc, Gor. 27tU
UNDER SPECIAL CUARTEK.

Wm. W. Thornton, Cash.

THORXTON & SO]¥,
BANKERS AND UROKERS,
W.

F.

{Established 1859.)

SHELBYVILLB, ILLINOIS.
Collections made in Shelby and adjoining Counties
and Proceeds remitted on Day of l*ayment.
KKFKRKNCKy.— National Bank tif Commerce, New
York; Union National Hank, OlncinnHtt Third NaTraders" Bank, Chicago;
tional Riuik, SI. I.uuis
;

;

First National Bank, Indianapolis.

St.

Trustee f(^>r estates, individuals, corporations,
Real estate or trust funds of
muuicipullties, Ac.
every description managed on moderate terms- 'akes
cha.ge of property and promptly collects and .-e^^'ts

INTEREST ALLOWED ON DEPOSITS,
may bo withdrawn on

five days' notice with
interest pai<l for the full time.

Deposits Kecoived Subject to Demand Check
Special room for ladies also coupon rooms, &c.
;

Fiscal or transfer agent for any ctate, corporation
or municipality.
The location of the company will be found convenient to residents or visitors in the upper part of
tJio city.

•

.

New York.
.

.

$600,000

will act tin surety for Ofllcors and Kmployees of
Bank!), Kailwayn, Kiprcsn nnd I'elcirapb Cx>mpanlee,
CorpnniMorin and iluKtnesN IIr>ii!,i;ii, and will irnanUDtee the tldellty of persons holdlnu positions Of trust.
This (Company will also act as surety on Bonds required in the (Xiiirts, Bonds of Administrators,
Guardians, Sherlir and nndertaklncs.
It Is the flrst and only Company orKanlxed In the
United Status dOToted exclusively to the business of
suretyslilp.

OFFICERS:
niCHARD A. BLMKR,

LrMAN

W. BRIOUa,

President,
Vice-President.

FIDEMTY & CASUALTY

CO.,

NEW

No», 214 & 216 BROADWAY,
YORKOIEclals of Banks, Railroads and Kipresa Companies. ManuKers. KecretarleH.and clerk.s of Public Companies, Institutions and Commercial ttrms, can obtain

BONDS OP SUItETYSHIP

Company nt mndoratc charses.
The bonds of this Company are accepted by courts

from

tills

of the State of

New

V»*rlc.

CASUALTY DEPARTMENT.
Policies issued against accidents causing death or
totally dlsjibling injuries.
Kull Information as to details, rates, &c., can be
obtained at head office, or of Company's Agents.
Wm. Jl. RicHAKDS, Prest. Jou.N M. Ckane, Seo'y.
HoB'T J. IIILLAS, Ass't Secretary.

FUEDEKICK G. RLDRIDGE, President.
CllARL?:s T. BARNEY, Vice-President.
JOSEPH T. BROWN, Secretary.
DUtECTOJtS:

Auerbach, Fred. G. Eldridge. Henry W. T. Mall,
Chas. T. Barney, Jacob Hays,
Rob't G. Remsen,
Jas. H. Breslin, A.Kustorlligglns, Andrew H. Sands,
Harry B. H<.lllns. Ja.s.M.Waterbury
C. T. Cook.
Jos, W. Drcxel, Alfred M. Hoyt, Chas. U. Welling,
General George J Magee.
Jos.

S.

OF NEW YORK,
No. 49 1¥ALL STREET.

-------------- $2,000,000
3,541,608

This company Is a letral depository for moneys paid
Into 0(jart. and Is authorized to act as guardian or
receiver of estates.

Bonds of SxTretysliip,
NO OTHER EUSINESS.

The Guarantee

The Brooklyn Trust Co.

Cash Capital
CashAsseta

»300,000
400,000

Deposit with Insurance Department
214,000
President
Vice-President
Sin ALEX. T. UALT.
Hon. jas. Kkubier.

Managing Director: ISnwAnD RAWLINoa.

NEW YORK OFFICE:
NO. 178 BItOADTYAY.
D. J. TOMPKINS, Secretary.
New York Dikectoks— Joseph W. Drexel, A. L.
Hopkins, H.Victor Newcomb, John Paton, Daniel
Torrance, Kdw. F. Wlnslow, lirastus Wiman.

Sherman S. JEWFTT, Pres. JosiAHjEwnr, V.Pros
William

BDML'ND W. CORLIK8,
TRUSTEES:

Vice-Pres't

Joslah O. Low, B. F. Knowlton. H. K. Plerrepont,
Alex. M. White. John T. Martin, Henry K.Shelaon,
Wm. V. Klngsley.C. D. Wood.
A. A. Low.
Fred. Cromwell, Wm. H. Male,
Alex. McCue.
TIenry Sanger,
Mich'lChauncey.John P. Rolfe.
Ripley Ropes.
Wm. B. Kendall, E W. Corlles.
Jas. Ross Citrran, Secretary.

Cokswell,

Bank of

Cashier.

Buffalo,
$300,000

BUFFALO.

is

ministrator.
It can act as agent In the sole or management of
real estate, collect interest or dividends, receive
registry and transfer books, or make purchase and
sale of Government and other securities.
Religious and charitable Institutions, and persons
unaccustomed to the transaction of business, will
and tills Company a safe and convenient depository
RIPLKV ROPES, President.
for money.

C.

CAPITAL,

Montague k Clinton

six., Brooklyn, N. Y.
authorized by special charter to
act as receiver, trustee, guardian, executor or ad-

Cor. of

Co.

OF NORXn AMERICA.

.

N. Y.

This bank has superior facilities for making collecon all accessible points In the United States,
Canada and Europe.
Ivlberal terms extended to
accounts of bankers and merchants.
CoRKKSPONi'ENTS.— New York, National Shoe &
Leather BarjkCUnlon Bank of IX)ndon.

tions

M>nfz gcposlt

The
The

©ompawies.

Safe Deposit Co.,
OP NEW YORK,
First Established In the World.

OFFERS UNEQUALLED SECURITY.

Metropolitan Trust Co.,

United States Trust Co.

Geo. T. Hope.
David Dows.
W. O. Low,
a. G. Williams.
A. S. Barnes,
Charles Dennis,
J.S.T.Stranahan, II. A. Hurlbut, Alex. Mitchell,
A. B. Hull.
J. D. Vermilye, S. B. Chitteadea.
Geo. S. Ck>e,
Wm. M. Richards.

Two-thirds of capital Invested in U. S. bonds.
Office hours n A. M. to 4 P. M.

^tmst ©umvauljes.

Capital,
Surplus,

No, 160 Broadn'ay,

Cash Capital,

interest, income, jcc.

This Company

•ad the Metropolitan National Uank.

Thos. M, Thornton.

;

;

which

ESTABLISHED

President.

SURETYI^IIIP.

DlKECTORS:

Transact a general Financial and Asoncy Business In
the State ot Texaaand Europe.
New York Correspondents: C. K. WKIXKSI.ET,
General Manager,
Blakk Bros. & Co.,
Daixab, Tkxas.
Wall Street.

D. G. FoSEg,

elegant chrome steel.

Mortgage Knickerbocker Trust Co.

OOitPAlfr LIMITED,

F.

$1,000,000
&00,000

;

(OF LONDON, ENGLAND),

P.

BONDS OF

The American Surety Co

PHILADELPHIA.

Capital
Paid-up Capital

i^ompnuUB*

Fire and Rurglar-Proor Vaults,.

Witsttvu

The fundtnK

Co.,

CHESTNUT 8TBKET,

A nthorited

new and

tion.

mil

'gintmcivil

Mills Building, 35 Wall St.,

PAID UP CAPITAL,

New York.

$1,000,000.

DesUmated as a leiial Depository by order of Supreme Court. Keceive deposits of money on intereet,
act as fiscal or transfer u^ent, or trustee for corpora,
tlons and accept and execute any legal trusts from
persons or corporutioni oo aa fayorable terms as
other similar companies.
U LI.nOUSE, President.
FREDERIC D. TAPPKN. Vlce-Preaidenl

THOMAS
WALTER

I

J.

HRITTIN. BeoratUT.

140, 142 ac 146 Broadway.
FRANCIS H. JENKS. President.

MAMHATTAW
Safe Deposit& Storage Co
346

dc

348

BROADWAY,

NEW YORK.
Comer of Leonard Street,
Safes to rent from $10 to $200 per year,
AND CAN BE RENTED FOR A

INTEREST ALLOWKD ON DEPOSITS,

vhich may be made at any time, and withdrawn after
and will be entitled to Interest for
the whole time they may remain with the company.

^ttctlou ^aljes.

five days* notice,

DAY WEEK OR mONTH.

Executors, adminisiruiors. or trustees of estates,

and females unaccustomed to thetraasactlon of business, as well as reliiflouH and benevolent Institutions,
will find this company a convenient depository foi
money.
JOHN A. STEWART. President.
WILLIAM H. MACY. Vice-President.
JAMES S. CLARK. Second Vlce-PreB*t

TRUSTBES:
Dan. H. Arnold, James Low,
Thomas Slocomb.lW, W.Phelps,

S.B.Chittenden.

^

CharlM

K. Hill,

1

1).

Willis Jiimos.

John Il.Khuaaes
Anson P. Stokes.

Uobt. B.Mintum
Wilson G. Hunt, John J. Astor.
11. Macy,
John A. Stewart. fieo. 11. Warren.

Wm

S.M.BucklnKhiim|G«4>rice Bliss,
E. Lawrence, William Libbey,
George T. Adee, 'Isaac N. Phelbs. [John C. Brown,
iKra^tns ComlnK. Edward Cooper.
BuQUel Sloan,

Clinton Otlbert,
Daniel D. Lord.

ill.

W. Bayard

Cuttintr.

HENRY L. TllOKNKLL. Secretary.
LOUIS O. HAMPTON,

Assistant Secretary

STOCKS

and

BONDS

At Auction.
The Undersigned hold

BALES

REGULAR AUCTION

of all classes of

STOCKS AND BONDS
WKDNB8DAT8 AND BATURDATS.

ADRIAN H.
No.

7

dc SON,
NEW YORK.

IHIJL.LER

PINE STREET,

special

IttWJCstttteutB.

Albert E. Hachfield,
No. 6 WALL STREET.
Bonds and InTeatmcnt Securities

WANTED:

Rome Watertown A Ogdensburs UU and Ml.
Oswego & Rome Bonds.
Joiiet A Northern Indiana Bonds.
Terre Haute A Indianapolis 8toc«.
Mexican (Corlisa) Bonds.
Grand Rapids A Indians Bo da and Btoek.

THE CHEONICLE]

Kfl

^iuawclal.

^ptci^l %nv6$tmtnts.

Geo. H. Prentiss & Co.,
No. 49 WALL ST., NEW IfORK,

Gas, Insurance,

THE

AND

MONTAGVE ST., BROOKLYN.
GAS STOCKS

808

XXXIX.

fVoL.

Bank

Secnrities Bonglit At Auction.
Stocks, &c.
No, 36 PINE STREET,
YORK.
FOLLOWING SEOURITIiib ARE OFFilREU FRIVATELY.

FOR

S

NEW
A E E.

^" The lots in capitals are either new or the prices on them

have been changed.

Asked.

8h're.s Par.

Sh'res" Par.

t

Asked.

I

ASD

GAS SECURITIES,
Bonds

Street Railroad Stocks and

100
30
9

Columbia

BROOKLYN SECURITIES

(.'onimerce
( 'ontinontal

lOOi

Fourth

FULTON
(Jcnnuii

Y. Stock Excluuwv.

American

KANOVEK
IHVING
MANHATTAN
MARKET

100

MtTi-.aut ile

M
Safe Investments.
NINTH
7 PER CENT BONDS and MORTGAGES NORTH AMERICA
PACIFIC
NEGOTIATED BY THK
PHENIX
Prmiuce Exchange
First National Bank, Corning, Iowa. KT.
NICHOLAS
LEATHER
Choice first mortjjaKes in the best Farming Districts SHOE
In Iowa, Missouri, Kansas and Nebraska. Interest
paid at yuur own liume in N. y. ExchiinKe. Twelve
years' experience in loanlnt? for Private Investors
and Trust Kunds. Send for circular giving full particulars as to "loans, references, etc. Interest from

date of receipt of money.

Chas.

C.

Noutox,

Cash'r.

Lew E. Darrow, Prcs't.

Refer to

GiLMAX, Sox A

Co., Bankers, N. Y. City,

Mkkcuaxts' Natioxal Baxk, Chicago. IlKoois.

TRADESMEN'.S

I,ong I s*l,anil
MecUanics', IJi-ooklyu

00
120
Si
20
19

METKOI'OLITAN

200
13

Uuitm
United States

GAS CO.
MANHATTAN
Metropolitan B'nds,

THE WESTERN

Miiiiiiipal
llutiuil

Farm Mortgage

N ew York

Co.,

Offers to Investors the best securities in the

FIRST

Bonds

market

MORTGAGE LOANS UPON IMPROVED

FARMS,

Interest and principal paid on day of matority in New York. Fynds promptly placed. Large
oxperience. No losses. Send for circular, referencee
and sample forms. F.M.PKUKINS, President; J. T.
Vice-Pre«t.; L. H. PKltKlNS, Secretary.
CHAS. W, GILLETT. Treas. N. F. HART. Auditor

WABNB,

THE
Kansas Loan & Trust Co.
TOPEKA, KAN.
GEO. M. NOBLE, Seo.
1. B. SWEET, Pres.
Ib the oldest and largest institution in Kansas,
giTing exclusive attention to the Negotiating of
CHOICK KIHST .MOKTG AGK LOANS at high rates
of interest. It has negotiated over 8<i,000.000
of these loans for Savings Banks, Insurance Companies, Estates and private parties East. Send for

Howard

2,600

KM)

10(1

Niagara
Phenix

loo's

160
110
106
130
145
100
102
157
125
125
208

B'way

Eiglitli .Ave
^^^l ST.

int.

!.'()

Int.

(ft

&
.

E.

50
50
100
50
200
50
200
25

U

loth St
...

M4.NH. & ST. N.
SECOND AVE
Brooklyn City
Coney I. A Brooklyn......
nieecker St. & F. F. 1st 7s
B'way & 7th Av. l.st 3b li'oi
B'WAY.A 7TH A.'At 581914
Cent. P. N. & E. R. Cons.
'93
Dry D. E. B. &
A B. I8t
Ist 7a, '9:
7.s.

100
100
100
100

168-

138
134
290
loo: 50
100 200
lo:

21711

100, 100
1,0001 111

7,000
25,000
5,000
5,000

int.

1,000 105 >a int.
1,000
07 int.
1,000 120 int.

SUNDRY.

TRUST

E.

Bailey,

S.
T

Car Trust Bonds.

PINE STREET.

WH MAKE A

DKALIN08 IN

INSURANCE STOCKS
A SPECIALTY.
:

RONDS.
The undersigned
holders of

all

Invites

correspondence

WKSTERN DEFAULTED OR

PUDIATED BONDS of

Cities, Counties,

with

JR.,

POST, MARTI N
No. 34

St. Jonepli,

&,

CO.,

PINE STREET.

RE-

Townships

or School Districts. Will purchase at best rates.
Give full description and address

CHEW,

SPECIALTY OF THESE VERT
SAFE SECURITIES. AND BUY AND BELL BAMB
AT MARKET PRICE.
WE OFFER A LIMITED AMOUNT OF DEBIR
ABLE CAR TRUST ISSUES, ADDITIONALLY
SECURED BY THE DIRECT OBLIGATION OF
THI RAILROAD EQUIPMENT CUMFANY.

mo.

Fifth

Avenue

HOTEL,
Flagg,
Square, NEW YORK.
& Pine Sts. %uUviiS\, ^iviAtntXSf S:c, IWadUon
The Largest, Best Appointed and Most Liberally
Managed Hotel
the City, with the Most Central
WESTERN UNION TELEGRAPH
PINE STREET,
and
Delightful Location.
1884.

No. 11

in

S

NASSAU STREET,
DSALXR IN

COMPANY. NEW YOKK. Seiit.

10,

DIVIDE.VD No. B«.

The Board

CENT upon the capital stock of this Company, from
the net earnings of the three months ending SeiJtember SQth instant, payable at the office of tiie
Treasurer on and after the 15th of October next, to
shareholders of record on the 30th day of September
The transfer books will be closed in New York and
London at 3 o'clock on the afternoon of Seiitenitpcr
20th inst.. and re-opened on the morning of the Wth
of October next.
R. H. ROCHESTER, Treasurer.

TELEGRAPH

STOCKS,
STOCKS,

Charlier Institute,
108 TTest 59th Street, Central Park.

FOB BOYS AND YOUNG MEN

Stocks, Insurance Stocks.

FROM SEVEN TO TWENTY.
Re-spens September 23,

H. L. Grant,
RROADHTAY,

NEW YORK.
CITY RAILROAD STOCKS & BOND>
BOUGHT AND

SOLD.

See qnotatlona of Cltr Ballroadi in tbli paper.

ia'-4.

Thirtieth (Commencement June 15, 18SS.
2,0(X) pupils prepared for Colleges, Scientiflc
Schools and Business.

Over

DA 8ILVA MRS. BRA IIFORD'S
MME.
(formerly Mrs. Ogden lIolTman'sl Kngli.ih, French
iJk

and (ierinan Boarding and l>av Scho'Il for Voung
Ladies and Children, No. 17 West 3.Sth Street.
New York, will reopen Ocl. 1. Application may
be

made by

Separat_e

sept. 'H.

CO.

Groesbeck

&

Schley,

MEMBERS NEW YORK STOCK EXCHANGE
26 RROAD ST., KK\¥ VORK.
Private Wire connection with Pliiladelphla,
Baltimore and Washlngtou.

&

O^S STOCIiS,
CO.'S

HITCHCOCK, DARLING A

of Directors have declared a quarterly

ONE AND THUKE FOURTHS PER

CITY RAILWAY STOCKS

146

..

1,000 1.(100 116
int.
fiO
100 14814
3.000 1.000 105=1 inf.
10,000 1,000 107 "a int. Second Ave. Cons. 78, 188d
South Ferry78, 1894
10.000 1,000 110 Int
Met ropolitaii
If.
100 951-j
10,0IMI,1,0(.H) 106
Third Ave. (la, 1890
int.
I'cople's
200
10 80
103, 105 105
int.
WilJiamsbnrc 1st Os, 1900.. 3,000 1,000 108 int. 23(1 St. Small 78, 1886
Brooklyn City os 1892.190'.:
3,000 1,000 107 int.
.SVHIP.
Brooklyn Academy .Music.
20
50 1171^
Dry Dock E. B. & B. Scrip.. 10,000 100 loaij
20
Do stockUoUler's Ticket
2
Clinton Hall
52 >a
1
CO.
With use of M'rc'utUeLib'y
100 110
AM. LO.AN Jt TRUST.
Knicki-iborlier Ice
15 100 102
Mercantile
100 121
Otis Elevator
100 10(1 P25
Metropolitan
1(X)| 116
1,50
25 105
U. S, LIFE INS
1 would be glad to have a memorandum of such stocks as you would like to sell,
not
and
do
ask
for
a
refusal.
advertising,
I make no charge for

instant.

iro.

5

10
30

Cor. Nassau

B O IV I>

Bank

20

Seventh Ave

Christopher

BKOOKLFiY.

dividend of

TRUST

&

Cent. P. N.

FULTON MUNICIPAL..
FULTON MU. B'ds 88,1900

T. J.

BROKERS AND DEALERS

No. 21

'25

CITY RR.

TO HOLDERS OF DEFAULTED

ENTRANCE

BO
20

..

SCRIP.

In Snms of $100 and Upwards on Indiana and Oliio Lands.
NOTHING SAFER. ALWAYS PROMPTLY PAID.
SEND FOR PAMPULBT.
JOS. A. ]HOORE,
84 East market St., IndlanapoII*, Ind.

&

.....

Atlantic Mutual.

Cash paid at once for the above secnrities or they
will be sold on commission at seller's ontion.

Reed

3

RUTOER'8
Star
STERLING

Farm Mortgages

Duncan Building,

'.iO

.

65

135

100 137
5o; 00
30 9,>
50 110
50 120
25: 85
50 H«
'25
90
50 63
37 Ij' 100
loo; 97 "a
60 132>a
60 138
100 120
100 70
100 55

70
100
50
60

Mechanics'.
Mechanics' & Tr.tdera'..
Mercantile
National

iNew York

125
90
B5
120

LOOO' lot
100 161

60

.,

I.OKILLAKD

1,000 lOT-aint.

2,00(1

,

Lafayette
Long Island

501

50
23
21

Kiii(!ki>rbocker

I'iO

100

2

HOME

I

40 235
lOOi 91
lool 110

20
30

,

Gerinaula

137

100' 245
loo: '255

07
10
15

Guardian

50 315
100 230
500 113

10,0()()

-

^^^^^

circular.

1901
1888 ..

lia,

Ts,

Mulual Bonds, 1902

LATTRENCE, KANSAS,

20

NEW YORK.

STATE OF

Empire City
Franklin A Emporiani

10

.J 152'3
50

!

101

Do
Eagle

60; li)7

100
100
60
50
100
100
70
50
20
100
100
100
100
40
50
100
50
60

Jlcri'liauts'
criliants' Exchange
IMct ropolitaii

.ft

1

30

Cuutiucutal
I

30 120
flO! 180
751 103
100 150
50; 154

CSALLATIN

IN.

8BB OA8 QUOTATIONS IN THIS PAPKB.
W. W. WALgn
GK). H. PaiNTISS,
Memb«r N.

20

Chatham

'American

100 125
2.5 255
2o 150
100 119
25 153
2.T 122
100 115
100 1,50
100 100

CITIZENS'

AND ALL KIND8 OF

DEALT

INSURANCE.

B.ANKS.
American Exchange
iiROADWAY
Dutchers' & Drovers'
CENTRAL

letter or personally as above.
class for little boys begins

and limited

Spencer Trask
Bankers,

Co.,

Nos. 16 AND 18 Begad Street,

Transact a General Banking Business.

Branch Offices:
Connected by Private Wires.

Philadelphia, 132 South Third Street.
Albanv.N. Y., 6.';''
Providence, R. \, 13 Westmins er St.
Saratoga, N, Y., uiauu t^un^u flotel.

ixmth

0jitint«f

HUNT'S MERCHANTS* MAGAZINB,
EEPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES.
[Entered acc-ordinK to net of Congresg, In the year 1884, by

VOL.

Wm.

B.

Dana & Co.,ln thP

SATURDAY, SEPTEMBER

39.

CONTENTS,
Ballrond

275

Sltnatlon

Monetary

I

and

and from Jail. 1
278
Cotton Moveuif nt and Crop of
1883-84
280

News

1879.

290
StaUs.

THE BANKERS' GAZETTE.

Bonds 293
294
chaDge, U.8.8ocurttlcs. State
Now York Local Securities
1
and Raliruud Bonds and
Kailroa<l Earnings and Bank
91
295 Ohio
PtOikB
Returns
291
Indiana ... 80
Eange In Prices at the N. Y.
luvcstnients, and State. City
and Corporation Finances... 296 Illinois
Stock Ezchance
293
105
101
Iowa
THE COMMERCIAL TIME8.
111
Mit^snurl
304
Commercial Eiiltome
298 Brcadntufls
102
Kansas
305
Cotton
298 Dry Goods
Qiiot.itlons of Stocksand

I

.

Nebraska.. 118
Michigan.. 84
Wisconsin. 9i
Minnesota. 103

I

b::o

35,607

of U.S...
S.

1
8

5

Crbobiolb is published in Tot.W'sfn
York every Saturday morning.
Remainder
Total U.

i

100 ~3,198

3,422
8,810
6,847
5,6o0
3,625
1.920
859
1,023
442

72
80
99
8)

79
78
(.2

1,015 110
439 90

FiRASCUL

Entered at the Post Office. New York, N. Y., as second-class mall matter.]

c

1
•^

3,282
S.OTO
9.019
6.eie
3,588
3.418
1,831

—
.

I

New

C]

1,003.

%
3,134
3.858
9,097
6,710
5,650
4,107
3,149
894
1,054
508

65
56
58
65
42
65
75
73
(-9

99

1.

18P4.

1883.'

18^2.

1881.

1850.
a

Money Market. Foreign Ex-

Thx CoMMitBOUL AND

NO.

1884.

13,

ACHKAIiK OF COKN AND CONDITION ON BEfT.

Commercial

288
EnKlishNewfl
Counuerolal and Hlsoellaneoua

in AtieiiNt,
to Antr. 31..

l'!arnli)f;H

the Librarian of Congress, Washington, D.

and give them below with the acreage and condition for
previous yeara in same States.

THE CHRONICLE.
The Financial

office of

3
•<

5)

82
85
82
80
84

2,978
3,438
7,914
B.777
5,703
4,281
2,364
930

74
78
66
70
Ul
lOl

102

88
79
83

3.067
3.542
8,151
6,»8l
3.878
4,709
3,813

101

87
60,

l,117l 85'

661

87

'

•^

80
85
86
103
104
lOJ
109

911 90
1,106 99
727 101

3.128
3,613
8.1B1
7,380
3,996
4,766
3.235
930
1,106
708

35,823

37,051

36,223

,.

37,885

38.950

26,762

•iP,495

27,211

29,437

..130,420

3»,815

95 O-2.301)

91 «-i.318

BO 64.262

1

83'65.680 84 68,305 1mI6»,795

* It should be i-cmembercd that tlie frost of September 8, 1S33, preTERMS OF SUBSCRIPTION-PAYABLE IN ADVANCE i
vented last crop fr<ini fiiltiilins; itsflr-st of Septeuilier promise.
$10 20
For One Year (Including postage)
Three cipher.! (,0J0) omitted from "Acreage" flgm-es.
do
6 10
For Six Months
£2 7s.
Annual subscription in London (Including postage)
connection with the above, the following is also useIn
*1 8s.
SUmos.
do
do
do
These prices tiiolude the Investors' Supplement, issued once in two
ful
as
showing the production and variations in the yield
months, and furnished without extra charge to subscribers of the
Chronicle.
same Northwestern section.
of
the
Subscriptions will be continued until definitely ordered to be stopped.
The publishers cannot be responsible for remittances unless made by
PRODUCTION OF CORN IN THE UNITED STATES.

^^

Drafts or Post-OIHce .Money Orders.
A neat file cover la (iiriiisliod at 30 cents postage on the same
cents. Volumes bound for subscribers at $1 00.
Offices In Ensland.
;

The

office of

the Commekciai.

is

18

'WIliI.IAM B. DANA Sc Co., Pabllshers,
YORK.
'» * 81 William Street,
^

NBW
p^g.^ OFFICE BOX 958.

)
?

THE FINANCIAL SITUATION.
The prolonged and exceedingly hot weather of the past
week has put a check upon all business. Our stock market
has been pre-eminently dull.
there

1879.

ItunhcU.
111.877,124

in

with Messrs. Edwards & .Smith, 1
subscriptions and a^lrcrtisements will be taken at the regular rates,
and sIdatIc copies of tbe p.iper supplied at Is. each.
Tlie office of the Ciikoniclk In Liverpool is at B 15, Exchange
Buildings.
4s

vrrTTiu n T,iwi
JST^O. FLOYD.
Fi.nr"n
TORN

StaUa.

London
Drapers' Gardens, E. C. where Ohio

and Financial Chronicle

1880.

1881,

1882.

J?u.sht'?.t.

Bmhds.

Uiwhy's.

93,319,200

115,4.82,300

119 940 000
09,229.300

79 760 000

Indiana

70,818,000

lUinola

325,702.181

240,452,89(1

176,733.000

107,481,300
187,338,910

Iowa

275,024.247
202,485,728
105,729,325
05.450,135
32,4ni.452

260,192,840

173,289,000
93,069,000

178,4.87,600

150,452.600

»».280.579

33,767,382
15,478,050

76,877,000
58,913.000
«5,0«8,000
£9,040,000
16,252,000

Missouri

Kansas
Nebraska
Ml-hlgan
Wisconala
Minnesota

160.483,408
106,218,360

59,507,800
31,816,001

14,831,741

Tot. Western. 1,283,365.107 1.130.005.837
Pacific Coast

.

llestof coDnt'y

Prices of securities, so far as

Orond

have been any changes, have perhaps improved

We

total

.

2,138,078

2,703,545

409,863,850

584,665.161

174.037,000

82,478.200
3O,C81,0flO

30,201,600
21,127,600

1883.

Bushfis.
73,560,000
95,820,000
203,780,500
169.629,000
181,665,000
172.800.900
101.278.900
21,412.800
23,579,300
15,124,800

808,119,000 1.055.006,600 1,038.418.700
2.815.200
2,747.000
«,903.e00
BIO.004,995
881,050,000 567,007.600

1.754,861,535 11,717,484,543 I.ISM.916,000 1.684,917.800 1.051.066.895

present 4he

figures in this

form because the States

being in the specified are the chief shipping States and the ones in
One is
main merely a result of manipulation.
feature which the yield mainly affects railroad earnings.
pervading all the cliqued stocks, and worth observing, is the thus able to see what inferences may be properly drawn

somewhat, but this

has

no

significance,

A

magic limit withm which now-a-days quotations

fluctuate.

from the report of the Department, especially taken in

Since the rise in July the range has kept at about the same connection with the further statement

it

makes, that the

some weeks touching a higher or a lower point, yield of corn will be "not less than 1,800,000,000 bushels,
but the transactions at either extreme being quite nom- " the largest aggregate quantity ever reported in the
" history of the crop."
inal.
We may illustrate the change this

figures,

The avowed reason for an upward tendency on Thursday
was the crops again.
The Agricultural Department
issued its September statement on that day, giving a fair
showing for cotton, a good result for wheat, and a

increased

which

iji

yield will

1879, on

make by taking

6,616,000 acres,

for instance Iowa,

and with the September

condition at 104, raised 275 million bushels of corn.

This

and the acreage is7,330,000. Callsplendid promise for corn; other crops, according to the ing the condition the same as in 1879, Iowa should give us
report, do not average quite as high as a year ago.
We on the present enlarged acreage an increase of about 11
have procured by telegraph from the Department the per cent over the yield of 1879, or say a crop of 305
condition figures for com in each of the following States, million bushels or very nearly double last year's producyear the condition

is

103,

THE CHRONICLK

2!9

was only 1 69 million bushfels. If one
remembers that the increase over 1883 is all surplus, one
readily sees what a difference this single item makes in
the traffic for the two years, which the railroads passing
tid*^ "vfiien the yield

:[VoL.

thing be done which will cut off

all

men who

connection between

We

speculators and such institutions ?

suppose there are

with stocks or wheat

play

xxxix.

or

who

cotton

and not take trust funds within their
control to retrieve their fortune, but they are very scarce.
through the State expect to secure.
In any ordinary business season therefore, this decided It is certainly blameworthy in directors to allow poor human nature to be put to so severe a test. Furthermore, if
change in the yield of corn would appear to be sufficient
especially taken in connection with a full wheat crop and an officer is silly enough to fancy he can make money in
an enlarged cotton production to put the promise of am- such transactions, he certainly does not know enough to be
It would in such case not only retained in a bank.
ple earnings beyond doubt.
As affecting the fluctuations on our Stock Exchange, two
represent an immense tonnage to be marketed, but also a
One was a cable
highly stimulated consumptive demand for goods among special influences developed yesterday.
How much of all this we may reasonably expect dispatch from London announcing that the report of
farmers.
now is another question. Turning to our monthly article Messrs. Powell and Westlake, the English Investigating
on railroad earnings, in a subsequent column, it will be Committee on Erie, had been made public, and did not precould lose their

all

—

seen that almost

all

the roads record a loss in earnings dur-

ing August, notwithstanding there was a very free move-

ment

much

of wheat,

Com was

larger than a year ago.

in

corn and wheat together, it is
Western cities report increased reHence this loss in earnings, notceipts during the month.
withstanding there was a gain in the total bushels of grain
marketed, brings out plainly enough the well-known fact
that the number of passengers carried and tons of sundry
kinds of freight moving are falling oS.
supply, but taking

less

shown

As

that the leading

bearing on the future,

com

of

we

show a

After that for a

loss.

shall be comparing with a pretty
last year.

tion of less price to the farmer

some moment with the

he gets only 70

may

Then,

come

to

full

com move-

not the ques-

be a consideration

Cian the farmer,

railroad.

cents, against 100 C(5nts for his wheat,

and

com (for it is presumable that all food is going to
be very cheap this year), afford to pay the same rates of
freight as he did twelve months since?
We only suggest

for his

balances

The cable also
and New York Penn-

the

& Atlantic
& Ohio were reported as losing money. From
Chicago k Atlantic wo have no information, but

the

figures

not

given

further
that

clear

it

below

proving profitable to the

about

item

the

in

Pennsylvania

the

lessee.

&

Ohio

Under

the influence of this cablegram Erie stock and bonds were

weak yesterday, and this for the time being imparted
downward tendency to the whole market. Ou the other

quite

a

the afternoon a circumstance of a
namely the pubHcation of the July
figures of the Union Pacific, showing an increase in net
earnings for the month of $97,802. This was not only very
much better than had been exr>ected, but as the gain in net
was made in the face of a decline of .S 102, 691 in gross, it
showed that the new management had been able to effect

hand,

there

when favorable

probably about a simUar difference between the two years

the unpaid

latter.

sylvania

is

to

—

probably the

stated that the Chicago

lease

raises, that at least until

figures last

on the car trusts

begins to be marketed, our table of

it

11 millions, including

either aa increase since June, or else

make

ment at higher prices
of

first,

Floating debt was

light.

payments on car
week from the company's balance sheet of June 30 showed a gross debt of only about 9
millions, the additional sum rej)orted now must represent

As our

trusts.

Erie

earnings will continue

time

interesting,

in a very flattering

said to be over

the

because of the presumption

new crop

all this is

sent things

was

in

character,

—

this question as a possible feature in the situation, because some retrenchment in expenses
a factor of importance
some roads have already found that the lower prices cer- in considering the future earnings of the road.
tain articles bring have affected their tariff rates.
Thus,
Louisville (£• Xashville supplies a statement for the
for instance, the roads which carry iron ore have had to month of July, which if it does not equal that of a year
reduce their charges as the value of iron has decUned. ago makes at least a very satisfactory showing.
The net
Then again at lower prices for corn, a larger proportion of earnings in July last year were unusually large, yet the
the total yield will not be found in the tonnage move- present net are only $2,500 behind the total then.
This

ment

until later in the season, when it will appear in the is the more surprising since there was a falling off in
form of corn-fed meats. There are also other considera- gross earnings, and up to July the company's expenses
tions growing out of the present business depression, and had steadily and largely increased, even when earnings
affecting this question of crops and earnings, which will were diminishing.
But this time a saving in expenses has

readily suggest themselves to the reader, altogether leaving

"been effected

much

earnings

uncertainty with regard to the result on the future

income of the railroads of even such a
is

now

largie

corn crop as

promised.

expenses $62,140.

and the

One unfortunate

nearly sufficient to offset the loss in gross

—the decrease

in earnings

being $64,672, and in

July begins the company's

new year thus opens very

fiscal year,

auspiciously for the

which are daily happen- road.
It must not be supposed, either, that expenses
and that is, that this is a have been brought down to a limit which would seem to
period of large losses and liquidation. There have been preclude the keeping of the property in good repair, for
some heavy failures this week. They only confirm what the ratio of expenses to earnings can hardly be considered
we have before stated is the rule now, that in almost every small, being only a trifle less than 60 per cent. The followdepartment of business only favorably situated factories ing shows the July earnings and expenses for four years.
with new machinery are clearing cost and fewer still are
ing will not

fact the events

us lose eight

let

earning dividends.
the

large

Quite

a

was the

crops

shock

of,

hoped and believed that later on
cure this in a measure at least.

It is

will

the

for

moment

in

financial

circles

and suicide of both the Cashier and PresiBrunswick National Bank. Together
these events form a tragedy in which two lives, two characfailure

dent of the

ters,

New

besides a bank, are the price paid for having specula-

tive officers.

If

not ruined, and

is

some

is to

relief

open again.

to

know

LocisviLi.r:& Nasii.
July.
OiJaratliig

expenses

Net earnings

1833

$
..

Neteamlugs
Jan. 1 to July 31—
GrosB earuinjis
OperatiuK expenses

1894.

..

1881.

1882.

$

817,135

1.0«0,t04

l.li;4.776

1,063,76.5

624,870

687,016

686,9«4

574.75tf

433,234

437,760

376,781

242,379

7,fil«,349
4,1)26,635

7.500,159
4,597,704

7,184.fGl

6.2(14,6,51

4,4yO,5.i8

4,041,566

2.689.714

2,9i>2.4 5.T

2,K94

on

2.253,085

1

that the bank is
It will thus be seen how largely the July net earnings
But should not some- * have risen within the last few years. XulSSl the amount.

yuPTEMUKK

ll*,

THE CHRONICLE.

IWAiJ

was only S'M'i.SfJ. IVo years later, in 1883, it was
$ IJT,700, from which there has now been only a reduction
The figures for the seven months to the
to $135,234.
ond of July enforce the remark above as to the heavy
increase in expenses that took place in the earlier months.

While gross earnings are larger than ever before, the net,
owing to the augmentation in expenses, are $213,000

profit

277

—

July entailed a loss of $9,576

this

of $53,251,

ft

difference against the present year on that road of $62,827.

A

similar

return

the

showing on the leased road occurs also in
for the ten months to the end of July,

In these ten months the operations of that lino resulted in

a loss to the Erie of $331,334; in the three months in

which the road had been operated in tho previous fiscal
year there was a gain to the Erie of $155,142. Hence we
have a diminution in profit on the leased line alone of
The Erie's own net earnings, however, during
$486,676.
have diminished even more largely. Like
months
ten
increase
of
these
an
by
accompanied
earnings
gross
in
$116,000
no less than $329,000 in expenses. It is satisfactory, nev- the July net, they are smaller than in any other year since
There is a loss of about a million as compared
1879.
ertheless, to note that the net, though smaller than in 1882
and 1883, are yet $430,000 greater than in 1881. If the with last year, of \\ millions as compared with 1882, and
company can permanently reduce its expenses, a great of 2^ millions as compared with 1881, Combining these
Later on, it should derive with the result on the leased road, tho Erie had actual net
point will hare been gained.

smaller than in the same seven months of 1883, and also
$5,000 smaller than in 1882, when the gross were $132,'
As compared with last year, we have a gain of
flfOO less.

from the coming exposition at New Orleans.
New Yurk Lake Erie <£• Western now issues its monthly
returns of earnings and expenses with much greater
promptitude. We have been favored this week with the
statement for the month of July. A year ago in the same
benefit, too,

against $5,220,187 in 1883,

thisyear of only $.3,750,505,

and $6,200,322 in 1881.
The foreign exchange market has been almost without
The posted rates wore reduced on
feature this week.
Tuesday, but mainly in consequence of a light demand,

$5,328,323 in 1882,

week the company furnished the return for the month of and since then there has been a little better supply of
May two mouths further back. The showing for July is bills, chiefly drawn in anticipation of cotton shipments.
inquiry would serve
not favorable, nor was it expected to be, but as contrasted At the moment any urgency in the
liberal supply of bills would
while
any
rates,
the
restore
had
better
than
to
perhaps
months
is
earlier
the
some
of
with

—

been anticipated.

In addition to the unfavorable circumall the trunk lines, the

stances attending the operations of

Erie has had to contend with serious drawbacks on

its

coal

further reduce them.

still

The following shows relative prices of leading bonds and
stocks in London and New York at tho opening each day.

very largely dependent upon coal rates
and transportation, and its large gains in earnings within
recent years have come to a very great extent from that

The road

business.

is

N.T. London W.T. Zjoni'v w.r. toiuVn

s.rC/Hul'n
orica.' Vrictt. prica.' prices. prices.* vricet. prteet.' DTicu. prices.' prica.

Tiooi

U.8.4s,c.

120 04

120

leo

119-91

120

U.S?.4«s.

I11-7S

lllT^

11178

u\H

11106

111%

111-78

16«

15 79

15«

em

61-23

OlJi

IS-7?
00-93

16-14

cdcon.

t5-70
01 -47

l55-<

Cent.

I'25-14

operate disadvantageously. Besides, the triangular fight between it and the Rochester & Pittsburg and the Buffalo New

N. Y.

C.

101-45

York &

trafiBc.

Philadelphia on coal to Buffalo has been another

We

unfavorable feature.
struggle, has affected

its

know how

the

disastrously

UeadlnK

13-301

Paul.

9419

Can.Pac.

44-71

St.

trunk-line business has

121M 12.V14
'.01>4
10131 101
20
81

13-24-t-

2(!)^

83-03

44

44Hi

34

12501

60>i
125

101-71

101«

13-33+

26?,;

84-.S5

84M

4502

4;i

UH

112

15K
61

..

..

12505

"««

15-53
60-90

69)4

121-77

102-19
13-47+

102«

35-5«

Ht^
i*H

44-03

27

W

120>4

111-65

10195
+ 1335

MHi
124«
lOlM

27M
SUH

85-20
44-10

Eicfi'ee,

we can

not been satisfactory^
being small in volume (though paying higher
rates than in the month preceding) and local traffic being
of

through

111.

'

t

4-F5H

4-86

4.'

cables.

competitors, and from that

gain some idea as to what the Erie must have suffered in
Aside from the losses on coal, the general
the same way.
state

Erie

if.r. Lond'T.

11920t 120J« Sllo-43

Having a large tonnage both of bituminous
and anthracite coal, and carrying East and West alike, the
present depressed state of the coal trade must of necessity

source of

Sept. !2.

Sept. 11.

Sept. 10.

Sept. 9.

Sept. 8.

4-S5M

Expressed iu tlielr New York equivalent.
Eeadins ou basis of $nO, par value.

Bankers' balances

t

4-85M

Ex-Interest.

remain unchanged. Banks at the
money from their corresthe Northwest, where funds are

interior report a better inquiry for

pondents,

chiefly

in

traffic

needed for crop purposes, and there is also a good demand
upon Southwestern banks from ranchmen and from cotton
affected by tlie prevailing depression in all industries. The
Still, our returns indicate that there is no urgent
planters.
effect of all these influences upon gross and net earnings^
need for money in the interior as yet, an ample supply
as compared with the results in other recent years, is
being held for immediate needs. The following statement,
shown in the subjoined table the comparison of earnings made up from returns collected by us, exhibits the week's
being for the Erie proper, the operations of the leased road
receipts and shipments of gold and currency by the New

—

being stated as profit or loss in a line at the end.
N. Y.L.

Ems &

WEST.

July.

Gross earnings
OperatlHK expenses

Net earnlnjrs....
Losaon.N.Y.P.&0.1easc
Result...

1884.

1893.

1882.

i

t

*

1881.

York
1880.

1.458.186

1.691,687

1,860,259

1,787,080

1,580,975

1.007,80*

1,131,105

1.12<,98B

l.U4,«72

l.ij

450,8;U
9.570

603,53^
•53,251

Ti1,i;Q

072,408

441,803

616,773

Tsn^^n

Week EncUno

I

672,408

14,058

14..'i51.811

16,401,064

16,258.415

17.208.511

18,290,817

Operatini^ expenses..

lO.ZBK.TTS

11,331,0 9

10.6»4,092

11.008,181)

9,1^67,910

4,0Hi,03fl

5.065,015

6,82S,32:l

331,534

•155,142

Resalt.

3.750,505

s.saji.saa

1884.

Total gold and legal tenders
'

666,317

Gross e:irnlngs

>*et carntntfB

1%

D.641,87?

6.200.a22

6,041,377

SeceiiMd by

$240,000 of

tills

Shipped by

N.T. Bankt. N.Y.Banla.
»1,205.000

tSlO.dOO
•300,000

tl,205,000

tl.llO.OOO

Gold

600,317

to A^ul. 1.

Loss on N. V.P.& O. lease

Sept.

(

a
Oct.

banks.

was tranafen-ed

NetlnttrioT

Movement.
Gain. 1395.000
Loss.
300,000

Gala.

195,000

In the shape of sliver certificates

by

deiiQSit of gold in tlie Sub-Ti-ea.sury.

actual changes in the bank holdings
and currency caused by this movement to and from
In addition to that movement, tho banks have
the interior.

The above shows tho

of gold

$900,000 through the operations of the Sub-Treasury.
that item to the above, we have the following,
which should indicate the total loss to the N. Y. Clearing

lost

Adding

We

here see that both gross and net earnings are smaller
than in any other July given in the table, and they are in
fact the smallest since 1879.
Net of $450,879 this year
compare with net of $727,270, only two years ago. The
loss as compared with last year is $112,643 on the Erie
proper, but this is further increased to $175,470 by the

fact that the leased road,

which in July, 1883, netted a

House banks of gold and currency for tho week covered by
the bank statement to be issued to-day.
Week Endim

Sept. 13, 1881.

Banks' lot«rlor Movement, as above
Snb-Tiwsur/ operations, net

Total Bold and

leiral t«r<1or». ...

W<t OAaiws <«
Into Banks. Out of Banke

Ban*

tl.203.000

ti.aiWOT

«2

Hol<Mn«S!.

900.000

ObIb.
Loss.

0in'>-"'<

T.,^..

fl.l 10.000

196.000
900,000

..•«^S~>0

THE CHRONICLE.

278

XXXIX.

fVoL.

—

England reports a loss of £157,221 bullion this year, but in point of fact only one among them the
This represents £100,000 sent abroad, Evansville & Terre Haute :has any increase and that
for the week.
The Bank of France lost rather small, while the remainder exhibit quite heavy
the interior.
to
and £57,221
There has probably been some falling off in the
francs silver, and declines.
and
2,718,000
gold
francs
2,566,000
passenger movement on many of these roads, and it is
the Bank of Germany since the last report shows a
The following indicates likely, too, that the volume of general and miscellaneous
reduction of 6,484,000 marks.
been up to its usual proportions, so that
the amount of bullion in the principal European banks freight has not
alone has not been sufficient to offset
in
wheat
the
gain
year.
last
this week and at the corresponding date
Perhaps later on, when the
the losses in other items.
September 13, 1883.
September 11, 1884.
remaining cereals particularly corn shall have been
Silver.
Oold.
harvested and fulfil present sanguine expectations as to
Silver.
Ootd.
yield, the effect in stimulating and reviving business in
&
£
£
£

The Bank

of

—

—

—

24,122,381

23.204,759

Bank of England
Bank of France
Bank of Germany

those

42,21)1,704 40,973,196 39,084.525 41,138.967

7,233,000 21.849,000

7,411,000 22,233,000

72,877,463 63,206,196 70,4S9,9J6 62,987,967
Total tlils weflk
Total previous week .... 73.218,332 63,557,918 70.581.378 63,550,792

$133,115 through the SubThe Assay Office
domestic bullion, and the
for
week
the
during
Treasury
paid

Assistant Treasurer received the following from the

Custom

As

DaU.

aold.

U.S.

Gold

Silver Oer-

Notes.

Certifle'a.

tiflcatea.

" 11...

$375,853 04
386,386 52
C1.5,J03 23
430,353 47
657,506 07
399,275 79

$4,000 $119,000 $145,000
3,000 150,000 109.000
180.000
13,000 192,000
124.000
11,000 167,000
6,000 235,000 239.000
2,000 121,000 110,000

Total...

J2.77.!,880 12

$39,000 $934,001' $907,000

Sept. 5...

"

6

..

'•

8

..

"

9...

"

10...

124,000
230,00'.

138 00.
77,000
165,000

$811,000

AND

EARNINGS IN AUGUST,

RAILROAD

FROM JANUARY
This

$107,'>o

TO AUGUST

1

31.

condi-

The

corn,

of

interior

for instance,

points,

South cotton

in the

amount

—

the exhibit

rather that the

it is

;

extending to

decrease

so universal,

is

sections of the country, there being only 15

all

roads (out of 54) that have not fallen behind. As mitigating somewhat the unfavorable character of the returns, it

we

should bo remembered, however, that

are comparing

with very large earnings in 1883, August having proven

a very good

month not only

traffic

last year,

years previously, so that as a rule

eral

there

Bteady and continuous gains from 1879 on.

be overlooked,

working day

either, that

but for

had been

It should not

month contained one

the

sev-

less

year than in any other year since 1880

this

is,

there were five Sundays in 1883 against only four

in the other

years

— and

one day, more or

a material difference in the
of course

shown

is

it

less,

makes

the roads, though

receipts of

not to be understood that the decrease

is

wholly or even chiefly attributable to that

fact.

ing statement of earnings in

be

difficult to

have

should

derived

show

circumstance

heavy
ing

declines

suffered

which

falling

in

a

however, that

fact,

the

most

pretty

off

roads

that

benefit

from

this

nearly

many

earnings,

falUng

the

Cincinnati

&

a

&

&

Eastern

&
&

Terre Haute, the Alton

Indianapolis

Cleveland Akron
ington

havyear,

was at the time ascribed to the poor
For instance we might expect that the

lUinois Central (main line), the Chicago

the

after

off

yield of wheat.

the Evansville

of

too

previous

the

in

them

all

St.

Louis

k Columbus, and
all make

Baltimore would

result of the better harvest

Illinois,

Terre Haute,

and movemen';

of whei-t

less

never large
last

detail

not appear sur-

will

comprehend.

Oro88 Earnings.

Name

of Road.

Central Iowa
Central PacUlo

Chesapeako & Ohio*.
Eliz.Lex.&BigSan*
Che.a. Ohio ct So. W...
Chicago & Alton
Chic.ife Eastern III....
Chic.

Milw.& St. Paul.

Chicago &Niirthwi;«t.
Chic. St. P.Minn. &.O.
Chic. & West Mich....
cm. Ind. St. L. &Ch*.
Cin. N.O. & Tex. Pac.
Alabama Gt. South.

N. 0.& North East.
Vlcksb. & Meridian
Vicksb. Sh. & Pac..
Cin. Wash. & Bait
Cleve. Akron & Col .

Dos Moines

&

Ft. D.*

Detroit Laus'g

& No.

EaBtTeuu.Va. &Ga..
Evansv. & T. Haute..
Flint & Pore Marq
Fla. R'y & Nav. Co*..
Ft.Worth& Denver..
. .

Grand Trunk of Can.t
Gr. Bay Win. & St. P.

& Santa

& Nash V.
& On*
Memphis & Cliar'ton.
Louisville

.

Marq. Hough.

Milw. L. Sh.&Weat..
Mobile &Ohio
Northern Paeiflo
Peoria Dec.<!BEvan8v
Rochester & Pittsb...

8t.L.A.&T.H.m.lino.
Do do (branches).
St. Louis Ft.S. & Wich.
St. Louis <& San Frau..
St.
St.

Paul&Dulath...
Paul Minu.A Man.

Wab. St. Louis & Pao*
Wisconsin Central*.
.

Total (34 roads)

Mileage.

Increase or

Bost. IIoos.Tun.& W..
Burl. (;*><1. Riip. & No.
Canadian Paeiflo

Chicago, the

the Cincinnati Washpretty good returns as

is

GROSS EABSI.VOS AND Mn.EAQE IN AUGUST.

There was but one condition that favored the railroads
Do (Iowa lines)..
(or rather some of them) this year in August, namely, the Kan. C. Ft. 8. & Gulf*
Central*...
large crop and comparatively free movement of wheat. Kentucky
a singular

staple

few cases a diminished passenger movement. In view of
all these circumstances, the showing made by the follow-

Fe.
IU.Ceut.(Ill.&So.Div.)

is

counted for much

this

being not only a smaller freight tonnage but also in not a

Gulf Col.

It

of

and the lateness of tlio present crop, the
movement amounteJ to scarcely anything, the receipts at
tho ports footing up only about 9,400 bales.
Then all
roads and all sections of the country have suffered
from the prevailiug depression in our industries, the result

.

that

course operated to

August, but this year, owing to the shortage of

prising, or

not the chief feature of

is

at all the

season's yield

below for the month of August is less satisfactory
than any similar monthly return issued by us for some
time past. The falling off from last year is quite large in

—but that

of

this

traffic

The movement

hibit

$1,300,000

and

was smaller

disadvantage of the corn-carrying roads, so-called.

a period of poor railroad earnings, and our ex-

is

other roads, the

traffic

principal

in

Duties.

experiencing.

on

already said, did not favor large earnings.

movement
the

develop greater advantages to the

now

decrease

the

than usual.

of—

Omisisting

to

tions, as

Then

House.

will

sections

roads than they are

.

1884.

1883.

JOecrease.

9

$

$

47,2-)9

31,485

2Ui,.".90

23 .,.321

5-5,000
119,822
2.138.000
2)8.153
58,670
123.198
859.0 -iS
146.907

591,00C
120,3)3
2,267,513
258,54a
41,533
121,51S
880.536
158,061
1,851,209
2,403,455

1.826,000
1,999.700

404,900
121.130
160,964
231,668
86,667
26,575
35,1»4
2«,235
170,6i2
48,042
23,817
115,238
301.703
89.080
174,627

493,Ml<;

151,286
163,963
211,133
92.043
10,36C

32,302
10,087
192,23C
51,278
22.791
152.316
362.564
82.307
203,805
43,76-

-H2,7:J
—
15.931

1884. 1883.

83
713

713

—6,000 2,794

1,881

—511
-129.543

— 10.39C

-1-1-, 133
-1,32!
-27,47S
—11,151

——103.73E

V!5.'20S

—30.119
—30.15b

88

500

500
3.004

3.003

50-2

.'.02

139
393
847
232
4,801
3,8S0

139
398
847
252

1,290

4.5.30

3,000
1,170

—37,110

260

410
361
336
296
100
141
73
281
144
143
225

-00.83','

1,100

1,100

+6,7711
29,17S
-5, 235

146
361

—4.991

-9,403
—5,376
-H6,2;5

413
S64
336

+ 10,14t

296
196
141
170

1.026

281
141
143

+ 2.832

-21,348
—3,237
-f

+4,532
-106,071
—10,696

110

146
347
486
110

2.322

2,322

196.9011

—5,671

225
531

225
534

—104,069

1,526

1.506

126,931
63,439
386,461

926.622
166,471
108,620
67,859
391,007

+ 18.331

402
389

1,123,01)0

1,231.127

85,685
119,778
95,094
142,334
1,016,896
99,322
79,835
110.006
101,267
58,535
44,441
432,927
123,988
564,421
1,178,635
6), 151

112,152
102,478
100,385
136,584
1,043.624
111,064

38,335
35,800
1,383.525
20,329
141,205
822,553

31,2-38

1.491,596
31.025

1-25,731

76,18!
6S,(iO;>

142,427
71,714
30,503
369,520
140,567
629,613
1,145,29k
73,044

—

— 4),74C

4'18

352

402
389
220
S52

2,003

2,065

135
330
374
328

100
330
326
528

2.453

1,927

212
254
294
193
138
132
776
225

212
254
209
195
138
150
732
208

—65,192 1,387

1,324
3,507

-4,400
-7,546
—128.067
—26,467

+ 17,300
—5,491
-14,230
—26,725
12,342

+ 3,334
+ 13.397
-38.160
—13,179
+13,93<i

+ 63,107

— 10,379
+ 33.336

—9,S93

2 '20

3,507
441

441

19.033,826 20.319,419 -1,233,593 43.603 41,0C7

weeks of August lu each year.
Fortour weeks ended August 30.
have already referred to the decrease

* Uul.v tlireo
)

We

—

in the winter-wheat sections

Illinois,

on the roads

Indiana and Ohio.

8EPTEUBUR

THE CHRONICLE.

18, 1884. J

it clear that tho roads in tho Northwest
have hkewiso sustained a largo falling ofT, though it is to
bo noted that on them tho decrease occurs after quite
heavy gains in the previous year. In amount of decreas((,
the Chicago & Northwest leads all other i-oa<i3 in our
Tho loss is $40;i,000, of which $102,000 we are
table.

Tho above makes

is tho result of tho additional Sunday contained in
This however still leaves a very largo
the present year.
The company derives
decrease, independent of that fact.
much less profit than formerly, it is said, from the transportation of iron ore (from the Northern peninsula of
Michigan), having had to reduce charges on the same to
correspond with tho reduction in the price of iron, and no
doubt the volume of that traflic has also undergone
diminution.
The smaller corn movement this year was
Both
another unfavorable circumstance with the road.
these are particulars in which the St. Paul is not at all or
but little affected, and that no doubt liclps to explain why
the latter has a decrease of only .'S'i.'), 000 for tho month,
The St. Paul &
against the $403,000 on the Northwest.
Omaha, iho Burlington Cedar Rapids & Northern, and the
minor roads in tho same section of country, all record
more or less of a falling off this time. The following
table, showing the receipts of flour and grain at the principal primary markets this and last year, will give some
idea as to what influence the grain movement has had
upon the earnings of the roads affected. The large increase
in wheat and tho diminution in corn, already alluded to,

told

will attract attention.

KECBIPTS FOR FIVK

WEEKS ENDED AUGUST
0>m,

Wheat,

Flmtr,

30,

AND SINCE

Oatf,

(bblt.)

Chicaijo

1.

Barley,

nve.

ibiuh.)

(tauh,)

220.2B2

I.S.-44

5,119.415
8,640,481 4,119,.3S2
l,9i3-5«ll 10.!eti.015 4.830.120
9.326,741' 38.879,711 24,66,s,-^M2
7,007,357 4«,0»4,20a 21,3u2,88J

Birks., Aui;.,1883

Wince Jan.
Since Jan.

1. 18.-»4i

1, 1883j

Swks., -tuK..
Swks.. Aug.,
Since Jan. 1,
Since Jan. 1.

1884
1883
1881
188J

1.714.9.SO
i.ana.Bsii

0."

4,550,000

9I,9S0
1M8,210
535. IBO
1,B04,40J

184.190
150,^5y
8W0.7«3
USK),W7a

8,7S5,172
3,712,2-0
7,840,008
8,397,820

1,370,473
13,578.470
14,838,300

8,173
1B.747
4U.0O1
e6,i9»

3.702.823
4.268,733
6.632,032
0,082,178

8,611
13.740
7«,o21
118,431

1,362,779

37.S,4SB
28tl.0»S

493.31(1
!i82,7JH
5,2H5,:iiM

2.45I.HS5
8,0

181,648
70,151
2,10.^»J0

1,6(17,759

2,8-11,316

2,550,511

109,502
135,042

27,600

21,6150

42 506

62,340

2,110,091.

2,070.067
2,530,305

467,023

1,081,880

678,21-2

966,130

23,s,488

Louit—

5wk;.,Ai;K-.

18M

&wks., Auir., 1883
Since Jan. 1. 1884
BIncc Ja.n. 1, 1883
Toltilo—
5 wks., Aug.. ISfM

5wk»., Aug., mS3
Since Ian. 1, 18-«
Since Jan. 1, 1883
Detrott5wk».. AU2.,1S84
5 wke., Aujj.. 18S3
SlMce Jan. 1, lsS4

Since Jan. 1, 1883
Ctevtland—
5wk8., Aug.. ISM
5 wki.. Aug 1883
Since Jan. 1, 1884
Since Jan. 1,1888
,

854,045

3,Ua,458

1,044,807

611,422
4.794.0. i7

3,82,874

6,080,718

639,238

48,081
34,504

49,422

193,005
I83,n25

48

628,6f)0

3.246,313

17.062
23.445
820.429

149,142
214,130

2.39,91'
.

704,805
835,48
4,403,367
4,113,504

1,310,048
1,023,156

18,797
11.208

443,040
627,081

43,006

tfl.O-W

l.lSi,.?.-^)

84,640

1,446,631

870,693
805,571

711,364

71-1.6:15

589,017
134,000
265,010
709,656
775,3:«

50,376
26,704
203,174
158,531
29,521
80,628

Lexington

loss.
We have a few returns from the Southwett
mainly from Kansas and Mi8,souri roads and these are to
be singled out as making very good exhibits. The excellent
harvests that Kansas has scoured for a numljer of years
have greatly stimulated development in that section of the
country.
The St, Louis & San Francisco, tlie Fort Scott
& Gulf, and the Wichita roads all record considerable improvement in earnings, Down in Texas the Gulf Colorado
& Santa Fe has lost decidedly in earnmgs, and among the
roads of the South the Louisville & Nashville is also con-

a

316,N63
414,790

spicuous for

'

'3,321

500
1,100

3,390

IKM

r..752

&5.9.M
45.290

1883

1884
1883
1881
18-i3

83,085

5,51

1883
1.S.H4

149,275
91.000
S50.275
222,000

690,225
1,080 520

6.5,173
3«5,48()

6,f<8(l,750

182,282

6,234,470

205,353
39,121
1,472,310
1,210,525

1,934,040
1,710,555
7,962,513
6,012,080

24,61X1
287,2011

3a9,200

69,450
125,050
601,515
682,330

6,317

85

Augiut,
1884.

QalTeston

bales.

Florida

T7,78i

10,518,0';i

7,440,283

251,768

11.629.2:!0!

18.664,171

7.682.6. 3

)«0,078'

180.91)1

7.073.537

1-.'2„371,
6,8I)0,,351

380,326
2,589,i9S

7,37(1.446

3,0I2.:!54

4,53,146

1,548.371

13.136.6T:
:i6.S01.5'a(

66,351.501 10.970,358
76,507,781 OT,»1474.'
55,310,604 .•0,60.1.374

IB,'.

68

1,S90

0,397

8,871

882
6t

776
56

461

1.493

7,006

8,187

:

40

8,454

1

Wilmington
Morehead City, Ac

107
4

00
385
206

13
BS9
322

Norfolk

(>S4

3,230

4,608
1,120

West Point, *o.

159

BlJiM

Total.

on

January

I,

1883

18SS.

133,987
1.613
425,0(1
56,974
17,678
114,114

368,775
8,400
8t0,89O
100,079

!34,a«S
4,210
838,617
71,624
8,683
182,688

91,900
2,978
15,016
8,336
140,323

U,'.52

242,245
20O
167,060
16,875
Sa,033
0,321

58,040

305,115
80,385

88,434^ 1,070,570

2,149,810

662
111,822
9,615
8i,4es
11,149
207,460

68,U8
1,163,981

For the eight months to August 31, we have a some"
what better exhibit in the fact that the numler of roads
reporting a decrease is less than for August, but otherwise
there is little of a favorable nature in tho shov^ing. The gross
decrease aggregates $5,769,599, and as an offset we have
$5,599,818 gross increase, about 3^ millions of which ia
contributed by three roads, the Northern Pacific, the St.
Louis & San Francisco and the Rochester & Pittsburg.
Full particulars for each road are given in the subjoined table.
GROSS EARNINQS FRO.V1 JANDAEY 1 TO AUGUST 31.

Name nf Road.

1881,

Boston Hoo-sac T. & 'W.
Burl. Cedar Kat). dc No.
Canadian Pacific
Central Iowa

281,459

Central Paciflc

& Ohio*...
Lex. & Bid Sandy*

Chesapeake

dies. Ohio* 8.
Chicaijo <fe Alton

W

Eastern Illinois.
Chicago Milw. & Sl.Paul
Chicago & Northwest ...
Chic,

ik

&

New

Omaha

2,390,610

5,449,.i.'}9

5,4-'3,639

97J,711
14,201,000

l,0.iH,i-6l

14,,i32,599
3,.')8o.544

Piic.

1,C(>2,34I

Gt. Southern

679,814
241,172
291,055
99,440
1,104,262
314,778

Orleans

&

& No. E.
Meridian.

Vicksburg Sli. & Pac.
Wash. & Baltimore.
CleTc. Akron. * Col
Des Moines it Ft. Dodge
Clii.

Lansing* No..
East Teuh. Va. &Ga...
EvansT. &T. Haute
Detroit

.

Long Island

4 Nashville.
Marq. Houghton it Ont.*
Memphis & Charlefltou.
Milw. L.Shore & West'n.
Ix>ui»ville

Mobile AOhlo
Northern Paclflo
Ohio Central
Peoria Dec. * EvansvlUe
Rochester & Pittsburg
8l.L.A.dcT.H.main line..
Do do (branches)
St. L. Ft. 8cott& Wlch..
.

Louis &. S. Fiiiucisoo.
Paul A Duluth

Paul Minn,

Wabash

2,280,297
456,48
842,843

Tex

Vick.ilmrg

St.
St.
St,

1.709,368
3,351. :-2b
799,1.10
15,848,8 •<4

883,130
14,421,920

& Man.

Pao.'
Wisconsin Central'
St. L. <t

Total (54 roads)

Net decrease,

l,010,87ii

48,424

727,485
499,147
739,215
865,432
48,1,062

307,547
2,919,750
736,4:15
4,823,9,50

9,861,789
88:^,819

328
100,728
30,917

1,204.991

1,655,981
5 0,331

716,098
1,243,832
7,931.593

34,76;

183,146

1,561,215

,536.221

15,277
51.816
35,378

5m,(.26

479,876

1,981,853
8,739.409
573,722
872,015

277,287

291,383
51.016

490,229

6,321,769
1,042,677
1,468,527

92,360
165,432
920,406

15,453,005
3,303,257
1,026,153
1,514,218
1,626,963
645,047

2,5n9,6:<8

1,065,70'

1,426,964
110,313

34,890
5-,60i
25,920

14,H69,43<;

2,434,9. -9

625,658
Sl.^SOO
10,979,284
213,63^

18,065
10.606
84,000

784,211

345,695
184,421
1,018,658

"59,ii62

126.483
74,729
10.353
94^7tt«

75,327
89,609

22i.,l91

1,301.842
12,281,126
247,525
33.887
134,457
1,200,164
347.312
6,669,08
1,251,676
Z08,99»
836.593
1,131,934
494,41H
41,802
15..520
1,866,333
8,751.286
11,877
61,153
512,569
Uii.O 1
755.944
668,419
47,679
1,254,194
10,362
6,424,907 2,5.>6,636
41.506
685,979
44.969
454,178
398,912
340.303
67,665
933,097
520,652
37,580
167.236
140,311
573.239
2,346, -11
56,093
792.588
330,971
3,154,921
116,239
9,745,500
27,346
862,473

142,839,362 143,009. 143

5,599.818 3.769,599
169.781

*

Includes three weeks only of August in eauli year,

t

To August

30,

Deereate.

*
67,416

421,. .97

89-, 175

2<i3,48ti

Increase.

«
214,043

l,6!tl,30,3

1,482,402

.

1883.

3,361,8)2

West Mich.
& Chic*

time.

expected this condition of things will be changed.
Indeed, improvement appears to be already in progress,
for we
notice
by the return for the first week
of September, just received, that in this week there
was a gain in receipts of $58,880, on mileage only 88
miles greater than in 1883.
Central Pacific for August
makes a decrease of $129,000, which is somewhat better
than the returns for other recent months. It is significant
that the decrease is wholly the result of a falling off in
through business, local business actually having increased
Local business is the best and steadiest source
$56,000,
of gain to a road.
It is but little affected by competition,
and therefore cannot be readily taken away, and at the
same time it pays the railroad liigher charges.
Southern roads are no exception to the general rule of

off

1884.

1,562

Flint & Pere Marquette
Florida R'j- & Nav. Co.The latter has reached a period it. Worth & Denver...
Grand Ti. of Canadat...
where comparison is made with large totals a year ago, Green Bay Win.* St. P..
Col. ct Santa Fe..
and moreover the movement of crops along the line Gulf
ni. Ceut.dU. line & So.D)
of
the
road is said to have been delayed. With
Do (la. leased linesi
Kan. City Ft. S. & Gulf"
a freer marketing of their products by the farmers, Kentucky
Central*

it is

84.861
2,070

8,123

849,298

the Pacific roads, the Canadian Pacific has a
decrease, notwithstanding its increased mileage, and, what
is rather exceptional, the Northern Pacific also records a
falling off this

1888.

614

l.-2tl-2,517

Among

Since

1883.

Brunswick, &c
Charleston
Port Uoydl, &c

Cin. Ind. St. L.
Ciu. NewOrl.cfe

15,190.9^3

35,8Is,200
37,084.151

1,872

Savannah

Alabama

,

3.213

781

Orleans
Mobile

Total 0' nil-

B wks. Aug., 1884
971.238
7BK,rtl0
5wk9., Aug.,18-<3
B08.S3'
5 wks., Aug., 1882
Since Jan. 1, 18-'4 5.670.041
Since Jan.;, 18831 5.531.302
Since Jan. 1. 1882: 4.839.000'

&o

Indlanol:),

New

Chicaxo

"9,130

Sunday

additional

Ports,

Chlc.St.P.Miiin.A

55,637

The

large decrease.

its

given as part explanation for the falling

is

the Louisville & Nashville.
The following table compares
the movement of cotton at the Southern ports in the last
three years.
RBOBlrTS OK COTTOS AT SODTHBRN PORTS IN AUODST, AND FROM JXS. 1
TU ACOUBT 31, 18B4, 1883 AND 1882.

Eliz.

Peoria—
Swks., Aug.,
8 irks.. Aug.,
Since Jan. 1.
Since Jan. 1,
Diiluth5wk-.. Aug.,
5wk5.. Aug..
Since Jan. 1,
Since Jan. 1,

year

this

1,106

21,610
142,701
100,404

—

147,248

273

Tho Mempliis & Charleston and Elizabelhtown
& Big Sandy show a gain, but most others show

decrease,

—

Bwks., Aug.,

St.

JAN.

279

THE CHRONICLE.

280

[Vol.

XXXIX.

We havfe an unusually large number of roads reporting COTTON MOVEMENT AND CROP OF 1883-84.
net earnings ttiis time—for July and earlier months. There
Our statement of the cotton crop of the United States for the
are some few of minor significance that show improved year ending Sept. 1, 1884, will be found below. It will be seen
but taken as a whole the statement is not satisfac- that the total crop this year reaches 5,714,0.')2 bales, while the
losses are quite heavy in a number of instances, exports are 3,916,579 bales, and the spinners' takings are
and; besides, the decrease is not partial to any section, but 1,8-39,163 bales, leaving a stock on hand at the close of the year
have already analyzed of 111,733 bales. The whole movement for the twelve
extends all over the country.
months
some of the leading returns in earlier issues, and on another IS given in the following pages, with such suggestions and exin
page today review one or two of those that have come
planations as the peculiar features of the year appear to
during the past week. The rest are submitted without require. The first table indicates the stock at each port
Sept.
tabulation.
following
comment in the
1, 1884, the receipts at the ports for each of the past two years,
GROSS AMD ITET EABMINGB TO LATEST DATES.
for
results,

The

tory.

We

Jan. 1 to

July.

&

Santa

Fe-

isty

Burl. Cedar Kap.
1884
1883

1.801,639
1,325,710

817,86'!

SST.IC?

f
488,773
763,O0S

105,870
la6.0S9

152,068
135,^79

43,002
6U,710

320.»8S
33S,2C»

204.451
207.578

& North.—

8,948,454
8,694,;04

4,010,713
4,496,680

1,474.713
1,476,84'"

399,821
884,455

188*
1888

2,082.144
2,132,06

560,811
663,898

*

EU88b. Lei.

lS.-!4

Des Moin'eB &

110.48'

127.635

Big gandy-

18f4
If83
Ches. ObSo & South West.—
1884
1883
Chicago Burl. & Quincy—
i't.

74.856
63,430

42.868
34.312

32.498
29,123

397,817
880,062

107.718
89,^55

ioa.fi7i

74..323

106,584

76,689

84,348
29,915

719.645
659,72i

119.314
]07,45J

1,735.199
1,834,705

1,092,40-5

23,680
25,22'

20,209
19,009

846.285
331,728

185,376
1X2,002

50,359
2T,«23

1,039,751

642,794 13,35i.2?0
784.954 13,i29,90S

5.801,764
6,166,501

179,669
161.833

42.062
24,050

UoJge-

1S84
1883

3.471

6,818

Eastern—
1884
1883

142,726

1.944,678
1,972,891

20,294

26,439
7,629

280,000
194,92J

48.663

4692J

8'<l,65l

40,879

472.762
428,58u

160,909!

1884
1883

23 920

Keutf.cby Central—

1*4
1883
Louisville & Nashville—
1884
1883
I^ashv. Chatt. & St. Louis—
1884
1883

N. Y. Lake K^ie
1884
1883
N. Y. &
1884

& West.'-

New Ensland—

1883..

Norfolk

95.593
80,730
1.060.104
!. 121,770

624.870
687,016

435.234
437.760

78.873
96.706

7.618 349
7.500,169

2,689.714
2,902.455
5P.9,973

1.297,45S

677,459

441.303
616,773 12,278,1'19

1,977,717
3,37r,914

65.092
64,078

1,867.716
1,985.470

840,980
220,401

12i!,216

76.323
00,972

1,432,326
1,428,823

635,072
698,908

68,049
78,558

44.P00
56,827

897,279

21,7jI

33.163
64,538

477,516
474,521

308,280
297,8a5

171,256
176.629

3,9811,085

2.597,969
8.638.218

108,602
98,762
], 343.386

2,111,456

1,494,6b8

276,817
320,151

221,126
258,073

185,824
219,188

109.501

11,S,'56,151

Shenandoah Valley
1884...

1883

8,210'

484.918;

Northern Central
1884
18S3

3,097,77'
8,419,13?

1,110.599
1,254,183

Penn. (all lines east ot Jfittsburg & Erie)18,-4

1883
Phiiiidelphla
1884

& Krie—

4,130,950

1888.

3-'l),032

127,745
115,317

1,041,583
2,272,271

670.649
807,437

2.7C7,79a
2,979,004

1.551,013
1.539,672

1,216,779
1,439,422

12,877,968
13,944,954

6,0t)6,805

1,433.681
1,430,747

l,385,re7

47.71

1.374,822'

64,925

Fhlladelphta&UeadinK'l—
1888!:!:!;!:!!"''!;;!!!!!;;!

Phlla.& Kead. Coal
3884
1888

Bome

&

Wat.

* Iron-

1884.

1883

Utah Central—
1884
1888

west Jersey—
.,

9t,«55
100,134

2,388,343
2,491,035

1,008,693
1,264,180

80.274
85,039

41,526
41,847

47,748
43,192

563,640
659,518

228,210
381.068

17S,63-;

9S417

178.147

88.628

80,115
89,519

706.030
656.0U6

265,827
251,9J4

68,227
42,038

& Chic-

1S»'4

1883

:

Connotton Valley—
1884
WI-3

East Tenn. Va.

1,043,218
2,129,226

(
1,402,438
1,270,268

640.780
858,958

192,48^
199,929

120,568
149,077

63,880
60,802

27,520

19,118

8,402

307.810
304,897

218,844
181,403

88,986
123,49,

]g^

& Fori sinitii1884
1883
Oreffon Improvem't Co.—
1834
1883
Bontheni'Pacia'c"(No.Div.U
1«H4
„
rutleUock

1883

278,726
858,217

210.138
236,808

127,380
124,194

68,843

Namx.

188S

Arizona Division—
1881

1883

•

^

June

10,439.920
11,515,125
1,089,609
1,168,13^

Louisiana.

1,529,158

1,690,479

Alabama..

813,228
500,914

Virginia...

240,215
432,880
601,641
6C6,919
45,593
173,001
744,770

New

66.6861

897,623
411,791

637,862
637,807

1.21^,440
1,267,749

883,537
431,994

236.945
242,937

73 384
78,718

64U,8M

614,879
B61.658

283,528
243,526

352.595

to ifay 31.

t

*
830,115
444,203

1.493,214
1,645,223

315.744
382,875

197,738
182,170

118.006
200,705

1,483,987
1,711,650

162,449'

73,210
77,689

89,239
167,118

1,047,250

446,285
656,956

29.140
82.179

83.973
45,606

294,640
338,197

136,785
177,003

244,802
B2,1I3
77,788!

798,756

Induding 68 per cent of earnings and entire working expenses of tha
""' * '"'"' '^""'«' '"• '"» ""<>'« °' this ylJr and alter

GmbrncInK op»ratlons of Central of

Georgia,

Texas..
Florida
No.Car'lina

York.
Boston

Chan-

Britain.

nel.

782,7871
56,157'

New Jersey

Nbw
May

la June and July of both
°"'
yeara, but not nrlor to that in cither year.
* Includes In both gross and net 1444,888 charged offby order Prest. Adams.

^

1884.

Other

France Foreign.

Stock

24,497

824,'250

154,3461

1,8001 15,436

887,418
20,108
181,628
095,233

245,384

6,465, 34,700

253,923

108,639'

138,227'

502,8291

1

8,751
.36,181

101,450'

192,311-

120,824[

89,281'

112,763«

Baltimore

26,075"

72,029*

107,636
118,988
2,350

917'

1,261

16,266
1,611

577
1J374

8,751

4,232

3,829
20,558

30,680

123,252
5,037
3,638
57,366

47,242

770

274,510
660,541
125,861
111,264

74.490
6,310

176,:

1,001

5,329
1,886

2,330

2,162'

2,102

Totals—
This year 4,850,575
2,499,826 11,097 409,368
Last year!
6,019,738 2,888,468 43,090 440,10'
1,720.364

1884.

Total.

303,082 1,452.980
1,380
57,53'
137,994 273,710
188,717 359,799
86,005 372,820

382,111

111.219'

Phila., &c..

2.311,790 8O.O6O: 881,186

935,888 3,916,579 111,733
1.874.044:4,745,709 232,106
821,9P5'3,695.031 120,72a

Z^~ * These figures are only the portion of the receipts at these ports whicli
arrived by mil overland from Tennessee. &c.

By

the above

Atlantic

it

will be seen that the total receipts at the

and Gulf shipping

ports this year have been
year and 4,720,864
bales in 1881-83, and the exports 3,916,,579 bales, against
4,745,709 bales last season and 3,595,031 bales the pre-vious
season, Liverpool getting out of this crop 3,470,319 bales. If
now -sve add the shipments from Tennessee and elsewhere
direct to manufacturers, and Southern consumption, we have
the following as tlie crop statement for the three years.
4,850,,575 bales, against 6,019,788 bales last

Year Ending September
1882-83.

18S3-84.

1.

1831-82.

Eeccipts at the sbipp'g p'rts.bnles
Art'i sblpmcnts from Tennessee,
Ac, direct to manufacturers..

4,830,575

6,019,738

529,477

041,490

477,481

Total
Maiiut'actured South, not Included

5,380,052

0,661,234

5,197,845

334,000

331,000

238,000

above

:

4,720,364

Total Cotton Crop for the
If ear
bales 5,714,052 6,992,234 5,435,84S

The result of these figures is a total of 5,714,052 bales as the
crop of the United States for the year ending Aug. 31, 1884.
now give in detail the processes by which the above conelusions have been reached.

We

%
2,619,215

1 ,864.279
1,8£5.290

Jan. 1

1,

Overland and Inter-State Movement.

4,02.',025

68,987
67,509

May.

Division-

So. Car'lina

Great

Although the foregoing figures indicate that the yield this
year is over 1]4_ million bales less than a year ago, the overland

movement has kept up quite closely to
The truth is, northern mill-takings by

m im°'^
t

80.

121,409

ooa

IH84
1888

1 to

1.661.085
1,821,004

(18,689

k Indianap.—

80. Paclflc Cai. (So.'biv.)1884

New Mexico

94,437

& Georgla-

1881
1883
riint A Fere Marquette—

1

257,3('6

870,24'

Jan.

Central Pacific—
1884
„1fl83
Cln. Ind. St. Louis

893.853

1,324,650 13, 441,1,17 *5.1 70.180
1,228,849 15,160.757 7,614,323

Namx.

CICT. Col. Cln.

8.487.603 df.295,787
8.611,654
144.982

152,882
142,170

Union PaciBo-

1884
1888

5,178,028

Ogdcnsbure -

l«^4
1883

Exports Tear ending Sept.

1.391.116 27,322,334 9 60.3,858
1,492.7!M 28,483,529 10,011,500

196,976
213.715

824,721

]8*-4

Sept. 1,
188!.

Prev. yr.!

l,.332,65a

187.475
165,468
],784,fl,')9

& Western—

1884
1883

46.038
103,019
1

(1883-84) in detail,

Sept.l.
Sept. 1,
1884.

Portl'd,&c.
S. Fr'ncisco

& Denver—

Fort Worth

Receipts for Year
eliding—

I

& Ohio—

Chesapeake

and the export movement
the past year
and the totals for 1882-83 and 1881-83.

Gross
Net
Earnings- Earnings.

Net
Gross
Operating
Eamino'f- Expenses. Earnings.
Atoh. Topeka

Jiily 81.

last

season's total.

have become

rail

pretty constant quantity not controlled by the outturn of the
crop, but increasing steadily with the growth of spindles,
influenced of course by the varying activity in northern

consumption, and in a limited way by the lack of suitable
some years raised in special districts. To certain of our
mUlg this route must always remain the cheaper. Not a few
can bring their supply by rail direct from the Southern
plantation to their very doors without breaking bulk; while
the faciUties of others are such that the land and water
carriage are kept in pretty close competition, both routes
tending all the time to lower rates. This fact should not be
overlooked in comparing cost of manufacture North and South,
too much importance being usually given to a saving in freight
staple

on the raw material.
In this connection it is interesting to compare the portion of
the crop which annually seeks a market overland, and the
portion which follows the Southern outports.
One fact is
apparent this year, and that

is tliat

the falling

yield has not been evenly distributed

off in

among

the total

the Southern

THE CHIIONICLK

It 81 J

tJETTEMBKR 13

2dl

markets; ns for instance, New Orleans records 1,.'529, 158 bales
net received tliis seiisou, against l.OOO.'HO bales lost Bca«oD,
that is a lo33 of only 1(11,000 bales; whereas it it had loit in
proportion to the falling off in the crjp its receipts would have

Consequently the percentloss of over ;!08,000 bales.
age marketed through Now Orleans this year is 20 'TO percent,
against 21-17 last year and 31-91 in 1881-83. ThU isdue largely
to its increased facilities. In the following table of percentages
one can see at a glance the comparative position the different
ports have held as marketing centres for a series of years.

shown a

Pir cent

8

of Crop

litcelvfd

at—

Norfolk. &c.....
Charlostoii, 4o.
SuronQiib, &c..
Florida

~W-M

03-40

02-35

OrleanB...

Oalveston. &o..
N. Y., Boat., in.
Total througli
all porta

8

1

1

1301

M-24

U-»8

11-18

07M

OS-45

09-01

10-10

03-59

11- JS

1
03-08

"^st

02-88

03-18

02-83

11-20

10-68

12-81

11-33

10-91

1000 03-37

10-43

08-92

11-43

H-7U

13-81

13-51

12-88

13-80

12-37

10-93

11-21

15-74

00-2U
0420 04-48
21-;7
80-78^
10-63 1808

00-43

00-23

00-30

00-45

00-32

00-33

00-29

(XS-7I

03-03

08-02

08-37

0783
81-8U

M-88

03-U3

0.V23

21-81

a 1-37

2013

oi-:2
07-14
23-40

1:8-92

sn-oi

80-33

08-45

10-83

08-00

11-47

OU-601

11-30

10-47

23-93
09-81

07-30

09-58

07-48

0907 08-73 oa-89

OiJ-21

08-77

06-29

88-09

80-81

89-15

80-87

80-32

BO-03

89-76

91-24

0)-S0

Mobile

New

i

01-85
13-22

030J

Wllmlngt'n, Ac.

e

4
3

1

87-05

Orerland net... 09-20 09-18 03-78 07-74 10-02 08-33 00-00 Oii'SO o;i3 03-38
Southern con0e-B3 01-73 04-38 03-11 03-11 03-00 03-08 03-88 OJ-II 03-40
MUOptiOO
Tot. U. S. crop. 100 00 10000 10000 10000 100-00 100-00 100-00 100-00 ioa-00 10000

In the above table we have only figured what is called the
net overland, as the remainder of the gross amount is counted
either at New York, Boston, &c., or at the Southern ports

where

it

first

appears in receipts.

amount reaches a market by some

the entire

Still,

gross

and hence
in measuring the overland we can only do so correctly by
all-rail route,

using the groHS figures.
To show, therefore, the progress
in the movement since 1874-75, we give the following
statement of total crop and overland, and percentages of
increase and decrease of each for a series of years.

made

Crop of

Total Tield.

Oross
Overland.

Bales.

Bales.

.•5,714,052

.049,070
1,217,215
1,131,788
1,090,067
1,181,117

Increase

and Decrease—
Of Omtand.

Of Crop.

1831-S-2....

ieso-81....
1870-80....

18^8-70 ....
1877-78 ....
187&-77....
1875-70 ....
1871-75 ....

1

6,902.231
5.435,815
6.089,329
5,757,397
5,073,531
4,811,265

891,619
(!93,G10

630,886
703,780
461,751

4.485,1-23

4,C69,288
3,832,991

Change from season of

'74 -75 to '83-84

Per

CI.

CI.

Decrease 18-28
Increase 28-61
Decrease 17-50
Increase 11-13
Increase 13-4,9
Increase 5-15
Increase 726
Decrease 3-1)1
Increase 21-81
Decrease 8 09

Decrease 13 07
Increase 0720
Increase 410
Decrease 7-71
Increase 32-17
Increase 28-34
Increase 8 91
Decrease 950
Increase 5242
Decrease 7-11

1907

Iner'se 126-98

Increase

In determining this year the portion of the crop forwarded
different overland routss, wo have introduced
no new features. And yet, to prevent any misunderstanding,
we repeal our explanation given in previous reports.

—

In designating through routes In the above niai*. the name of
main company or system alone is iLsod. Thus the New York Central
eiren as running all the way to Chicago and all the way to St. liOuis,
notwithstanding tiic Central proper toruunatej* at IJuft'alo, and reaches
Clucago over the Lakii Shore, and St. Louis over the Cleveland Columbus Cincinn.iti & Indianapolis, the Indianiipolls & .St l>ou!s and the St.
Louis Alton & Terre Haute, tcut as these connecting lines aresdlcontroll<',d by the Siirai- parties that control the main system, for the aake of
simplicity tho name of the parent company alone appear,-!. Thpsame
r'-in;irk applies to the great systems of the Hontli. like the I.i»uisvillo &
Nashville, the East Tennejisee. the Uichmond it Danville, the Cii«ssapeake
& Ohio, the Ciuoiunatt Southern, &c. Thelattei-. for iaataucc^ ia made
up of (juitc a number of iiiece.si of road, each in a separate organiiiation,
bat all being in the possession ot tiie Erlangor synJicate ]

[NoTK.

1383-8i ....
1882-?3....

Per

the

is

With the above diagram and explanations, nothing further
needed to make plain the following statement of the movo
ment overland for the year ending Sept. 1, 1884.
is

by each of the

Piril.—Vlo liiiVii foUo'vud our luiiil phm of oun'.inj each bile of cation,
at the Southern oidpart where it first apjKirs. Tills is a siinplo rule
applying to every part ot pur aunual cotcou crop report. In this way

weuotoaly proierve

tlmu-aity of

bBt, as a coase.iuouoe, alsi>

maka

t'ae
It

report, and tUerefore simplify it.
iutaUigible aud lessUablato

more

error.

Second.—From
instance,

from

grojs caiTiod overland

tlio

by

cotton sliippcd

rail

from

we consequently deduct all

8oiitlicra outport.'i to

tUe North.

For

Now

Orleans, Mobile, Ac, frciiuent shipments arc tlms
made, an aoeouut of which is kept, but it is all iurluded in the crop of
Ifcw Orleans or Mobile, Sec, as the case m.ay be, when it appears there,
and therefore wlien the same cottDn appear.) again in the overland, it
must o: course be deducted, or It will be twice counted.
Tliird.—W'K deduct from overland, likewise, the small .amounts taken
from the Southern outports for Southern consumptiou. They, also, for

the sake of unity and KiniprK-lty, are cou!ited at the outports where they
first appear.
But. as is well known, the entire So-atheru consumption la
made up in an item by itself and adde.l to the crop. Hence, unless these
small lots which thus gro into Southern consumption fi-oai the Southern
outports are dciluetel somswhere, they will be twice counted.

Fourth.— We aUo deduct the arrivals durin? tho year by railroal from
the Wo«t an 1 South at New York, Boston, Baltimore, Philadelphia and
Portland. Those receipts rejiehel thosa ports by coming across the
country, and appear in our weekly totals, beeorniag a part of tho receipts
at tho ports, under the heads of "New York," "Boston," &e. AU this
ootton, then, havin.; b-eeu
deducted as has bean douo.

counted daring tho year, must

now

be

To iidd interest to the foregoing explanations, and to give
each reader the power to trace the course of the overland
movement, we

new

lines

our usual map, corrected by adding the
constructed during the twelve montlis.
insert

1883-81.

1832-83.

1831-82.

Ainonnt ShiiipeU—

From St.

I.«ui8

Over Illinois Central
Over Cairo & Vinceunes
Over the Mississippi River, above St. L.
Over EvansviUe <fe Terre Haute
Over Jefferson vlUe .Mad. & Indianapolis
Over Ohio & Mississippi Branch
Over Louisville Cincinnati & Lexington
Receipts at Cincinnati by Ohio River
Receipts at Cincinnati by Cin. SoutU'ru
Over other routes
Shipped to

mills,

not included above...

303.732
5d,308
181,225
77,304
30,739
C6.I10
92,039
€3,133
22,073
75,255
70,011
10,113

461,054
22,103
198,212
111,594
27,799
50,291
62,S51
52,708
52,086
71,691
93,614
12,789

388,200
S,523
157,162
103,096
14,939
104,083
26,495
109,117
61,538
133.573
13,299
17,163

Total gross overland
1,049,070 1,217,215 1,134,738
Deduct
Receipts overland at N.Y., Boston, &e.
416,392 D 16,490 510,403
Shipments between (or South from)
Western iutericr towns
6,561
46,200
15,228

—

Deduct also Shipments inland and Takini/sfor Southern Consumption from
the following Southern ports—
Galveston

418

194

9,047
23.089
1,160
8,059
2,036
11.332

8,121
27,639
2.100
2,731
2,468

5.^90
9,630

Total to be deducted

519,593

575,719

657.307

TiPRvtne total net overland*

529 47:

fi4I.l!>B

477.481

New

Orleans
Mobile

Savannah
Charleston
North Carolina ports
Virginia ports

...,

751

15,490
16,822
82,065
2,035

'Tills total Includes shipments to Canada by roil, whirh during
1883->'4 amounted to 28, luO bales, and are deducted in the statemenc

vt uoustfmptlon.

THE CHRONICLE.

282

total carried overland this year
and
against 1,317,315 bales last year
to
direct
movement
the
year, and

South Carolina— Concluded.

According to the above, the

was

bales,

1,019,070

1 134,788 bales

the previous

against 641,496
manufacturers this year reaches 539,477 bales,
This shows a
1881-3.
in
bales
bales a year ago and 477,481

Upland*
Sea fsland.
Expoi t'd from Georget'n,<S:c
Burnt at Charleston and

To coastwise^ ports
To Noithern poits,
1)T i-ivev

and

S.a Island
Stock beginuing

309

53,629- 2,018,379

1,529,158

1,690,479

45,290
266,057

630
3,203-

315,180

24,.j38

197-

313,228

240,215

Xcxas.
Exp'tcd from Galvest'n,&c.:
ports (cxceiit

Me.xico)
fioiu Galveston, Eagle Pass, &c
To coa-^tw se po: t.-**
Burnt an; I man utactured Stock at close of year

64

14,110

6,458

432,886

59L),914

Exp'd from Wilmingt'n,&c.:

359,794

498,517

13,826
259,134

27,855
36i,949

57.7G2
122,207

47,2 1
124.433
1,164

To foreign ports
To coastwise ports*
Taken for coiisumfttlon.

743

250

5

Stock at close of year

770- 173,859

858— 181,635

Deduct :
Stock beginning of year.

838—

107-

858

107
181,523

173,001

Of these shipments 1.772 bales went inland by rail from Wilmington,
local cousumption ar(! deducted in overland.

*

Virginia.
1,952

* Under the bead of coastwise shipments from Mobile are included
23,379 bales shipped inland by rail, which, with 610 bales local consumption, wiU be lound deducted in the overland movement.

5ro foreign

9-

and with

1,.560

—

Total product of year

To Mexico,

1,2-0

3,432

Total product of year

195

50
21,085
3,203

2.862

year-

Burnt

items.

010
„.,..„
1,611— 264,5o3

Keceipts from N. Orlenns.
Keeeipts from Pensacnla.
Stock begiuniug of year..

"'i;216

8,079

MortU Carolina.
5,023- 327,900

57,537
2 J4,795

Detluel:

2^419

597,372

loci
luoluded in this item are 8,059 bales, the amount taken by local
and shipped tto interior, all of whieli is deducted in overland.

233.852

wo liave deducted these two

coastwise ports

9—

mills
Us

Alabama.
To

3,432

Total product of year

98,967

10,433
53,629-

Manufactured
«tock at close of year

453

141
otf

Sea Island

223,894
16

169,J81

Erported from >fobile :*
To f urdmn ports

Ac-

Upland

Total product of year

In overland

421

7,l.i5

^A'„-^
-.^rontn
10,2jG-1,763,010

Stoot beginning ol year..

3,616

Upland
Sea Island
Rec'd from Savan'b,

969

J'i??n

203,206
12,515
4,813

131— 448,996

Upland

352,679

_

Kectived from Mobile
Beceivcd Iroin Floridn,&e
Eocelved tioin Galvcstoa
and ludiai ola

Upland
Sea Island
Deduct :
Received from Florida

1882-83.

1,603,5)47

zsi,i.i/

&c.,

rail*

Manufiu tilled*
Stock at close of year

*

,

.990
2,i38

158

ol her ports
Stock at close of year-

We

882-33.

1

To coastwise ports-

the gross movement,
decrease from last year o£ 168,145 bales in
'"- now
movement
net
the
in
bales
and a decrease of 113,019
years.
give the details of the entire crop for two
lionlslana.
-1S83-84.
Exportod from N. Orleans
^ ^^ „,,.
1,^52,9^0
rofOiMRu ports

xrxix.

[Vol-

Exported from Norfolk,

To for.ign ports
To coastwise portsi
Taken for manufacture
Burnt

&c.:*

401,713
613,033
2,408

274,510
528,635
. .

10,)i58

4,295

Stuck at end of year, Norfolk and Petersburg
Deduct :
Received from Wiluiingt'n
other
irom
Received
NoJth Carolina polls ..
Recinved f oiQ Mobile
Stock begluDiug of year.

1,001— 819,399

13,934—1,031,748

1,775

9.344

58,920

22,524
3,1

'.8

.

IJiOiji—

74,629

1,439-

744.770

Total product of year

36,515

995,233

.

2,829— 634,033

17,611- 912,932

2)edtict:

Keceived at Galveston
from Indianola, &c
Paso
Keccircd at El
from Galveston
Stock begiuniug of year.

17,241

9,903

200

—

17,611

27,714

8,273—

25,514

60.j,919

.

:

Florida.
To foreign ports
To coastwise ports

—
—

19,336
20,198

45,593

.

Sealsland

Norfolk, &o
Shippe'l direct to

851,641

633,644

5,926-1.147,022

,

„,„

9,370-1,411.242

131,866

135,708

53,013

106.27S

shipments to

206

840,292

1,944
6.437

2 661
1.341

year—
5,331

17,621

66-

2,314- 894,752

416,392

516,490

529,477

641,496

943,809

1,157,986

Except 103,201 bales deducted in overland, having been previously

Total crop in the United States for the year ending Sept. 1
bales. 5,714,052
1884....
Below we give the total crop each year since 1836:
ntles.
Hnles
Years.
F' ars.
Saks.
rears.
1883-84... .1,714,11,32 1363-69.... 2,439,039 183' 1-51..., 2.415.257
138J-83... 6,992,234 1867-03.... 2.493,893 1849-30..., 2.171.706
2.H08..396
1881-'-2...
5,4.33,345 1866-67.... 2,039,271 1348-49...
2,223,987 1347-43... 2,124,113
1880-81... 6,589.329 1863-66.
l,h6i 1,479
1-146-47...
5,737.397 1861-03.... No record.
1879-80.
3,320,036 1843-46... 2,170,.337
1H78-79... 5,073,531 1860-01
15-77-73...
4,811,205 13,39-60.... 4,323,7.0 1.344-45... 2,434,662
1876-77... 4,4-<5,423 1333-59.... 3.994,431 1343-44... 2,10s,379
1875-76... 4,0(>9,288 l~57-5><.... 3,233,902 1342-43... 2,.S94,203
1874^75... 3,332,991 1856-.37.... 3,0".0,M9 1341-42... 1,633,675
1*73-74... 4,170,338 1355-.36.... 3.045.345 1310-41... 1.630,333
1872-73... 3,93(i,.30S 1854-55.... 2.932,339 1339-40... 2,1«1,749
1871-72... 2,974,331 1833-34.... 3,035.027 1333 39... 1.363.103
1-70-71... 4,352,317 1352-53.... 3,352.3S2 1-37-3-1... 1,301,797
1369-70... 3,154,946 1851-52.... 3,090,029 1836-37... 1,425,575
.

886
1,378

4,235

9,376— 730.630

New

m

2,100

679,262

8,956

641,493

counted.
Total product detailed above by States for the year ending
bales 5,380,0.52
September 1. 188 1
334,000
the South, not included
Consumed

8,636

4,235
13-

6,893

529,477

manu-

fa.'turers
Stock at ifemphis and
Nasliville at beginuing
of year

*

7,369

lo-

New Orleaos, &o
Sliipp'd from .Memphis to
Norfolk. Ac

Total marketed by rail from
1\ nuessee, Ao.*

2,000

Upland*
Sea Islmd*

^

:

turers direct

394.653
11,442

1,183

Bo,yd (returned)
Keceived from Florida

Uphmd

418,385
613

year-

91—

in Memphis and Nasavilleatendoryear

Stock

York, &e

9,897
3,131
1,160

Received from Mobile and
New Orleans
Receiv'd from Charleston,
Brunswick. &c
Received from bark John

.

504,943
45,282

Ten-

Add shipments to manufac-

—

Upland
Sealsland
Deduct ;

in

nessee. Mis3i.ssi)>pi, Texn.s,&c

Totiil

Georela.
Exported from Savannah
Tti foreign ports Upland 353,150
1,619
To foreign ports—Sea Is'd
To coastwise ports298,379
Upland
Sealsland
7,572
Export'd from Brunwick,&o.:

To foreign jxirts
To coastwise iwrts

_„

_

453,013
54,410

Shipped from Nashville to

45,393
20,198
Total pro luct of year
» Xuese flgui OS represent this year, as heretofore, only the shipments
from the Florida outimrts. Other Florida cotton has gone inl.ind t^)
Savannah. Mobile, &c^ but we have followed our usual cu.stom of couutjug aat cotton at the om(2>o. ts where it first appears.

Burnt
Manufactured

From Nashville
From other places

Shipped from Memphis to

862

3,751
41,812

Stock at clo.se of year
Deduct :
Stock beginning of year

Tennessee.
ShipmentsKi-om Memphis

Dr.duct

Exported from Femandina, &c.*

:8tock beginning of

:

;

887,418
Total pmduat of year
* Coastwise exports are made up as fiiUows
249.520 bales from Galveston ami 9,6'>4 b.des from Indiauoln, &c., 4,075 bales received at
Galveston from Indianola, &c., being subsequently deducted. Included
in coastwise exports are 418 bales carried from Galveston North by
rail, whieii arc deducted in overland.

:8tock at close of

" Norfolk, &c." exports are made np this year as follows To foreign
ports all i\w shipments are from Not-folk, except 31.129 bales from
West Point. &c. to coastwise ports all the shipments are from Norfolk,
except 183,179 bales aliippe<l from Oit.v Point, Richmond. Petersburg. &c.
, which, with 10,953 bales
t Includes 371 b iles shipped to the Interio
taken for manufacture. Is deducted iu ov.^rlaad.
•

16,042

Total prodnct of year
661,641
824,250
* Tlieso are only the receipts at Savannah from the Florida outports,
and, being c<mnted in the Florida receipts, are deducted here Besides
these amounts, there have also been 13.354 bales Upland and 6,591
bales Sea Island, from iho Interior of Florida; received at Savannah,
during the year by rail.

Sontb Carolina.
Exported from Charleston, &c.:*
To foreign poi-ts- Uplaiul 270,836
367,403
To forei gn ports- Sea Isd
2.874
5,480
* Included in the exports from Charleston are the exports from
Port
Oioyal and Beaufort, wliich were as follows this year— 1883-81
To Livi poid— 2,540 bales Upland and 100 Sea Island.
I

To Bremen— 2,350 bales Upland.
'Xo coastwise ports- 5,268 bales Upland and 1,508 bales Sea Island.

Consumption.

The reports of cotton consumption in Europe for the last
three years illustrate how difficult it is to check expansion in
an industry once in progress, or even to stop machinery once
Each of those years has recorded a poor result to
in motion.
the manufacturer, and yet the outturn of goods and consequently the use of cotton has constantly increased.

Thus

September

18,

THE CHRONICLE.

1884.]

WORLD'S SUPTLY Or COTTOM PROM 18W TO 1984.
(Id bales of 400 lbs.)

the worst of all, the consumption has
probably averagecl 2,000 lialos a wet<k (of 400 Uw. each) In
excess of 1882-83. So small an addition uiiRbt not J)e deemed
of im|)<irtaiice l)y its.'lf— though one could hardly have been
surpristxl at oven a falling off under hucIi adverse cireunjHtances

even the

last season,

Hourett.

bales of iOO

lbs.

Oreat

1888.^7
1887-68
188S.89
1889-70
1870-71

ISTl-W
Averacre
1873-73
1873-74
1874-73
1875-70
1878-77
1877-78

2.580,000

1,703.000

4.283,000

2,308,000

1.730.000

4,099,000

2,465,000

1,41,000

2,603,000
2,805.000
8,015,000

1,584,000
1,906,000

2,646,000

1,740,000

3.084,000
3.128.000

2,032,000

Vnilfd

Total
Europe.

ContincTit.

Britntn.

3,9i8.000
4,947,000
i

2,057,000
1

j

4,711,000

Total
Wnrld.

Statei,.

.

822,000
959,000

5,0S5,0O0

1.053,000

4,97i'.000

1,012,000

5,259,000
5,>«0,000

6,068,000

6,072,000

1,109,000
1,240,000

4,386,000

1,033,000

6,419,000

6,116,000
5,103,000

1,809,000
1,440,000

8.425,000

6.328,000

l,3-'8,l«0

6,6.'«l,0fl0

i

6,312,000

3,176,000

2,403.000

5,579,000

1,503,000

7.082,(100

3,18.1,000

2,378,000

5,561,000

1,5TU,0(>0

7,140,000

3,038,000

2,509,000

5,547,000

l,7i5,i.!00

3,116,000

2,271,000

5,387,000

1,481,000

1878-79
1879.80
18804*1
1881-82

2,843,000

2,596,000
2,750,000

5,439,000
6,100,000

1,784,000

7.223.000

1,981,000

8.0-* 1,000

8.572.000
8,840,000

8,5-28,000

2,118,000

8,''48.000

3,108,000

18S2-.S3'

3.770,000

3.437,<X)0

1883-84'

3,800.000

3,510,000

3,400,000

3.074,000

Average

3,350,000

2,956.000

'

7,272.000
.

6,888,000

8,838,000

2,197,000

7.207,000
7,310,000

2,37->.0<X)

9,r,,%2,i

2.375.000

9,08^,01)0

6,570,000

2,138,000

8,W8.000

8,03 ,000

1

j

Avertwe

1

1

00

Consumptinn for 1882-8:1 will pio'tiibly be
chnnt'Brt sllKlitl.vhy Mi-. KUieon when he makes up bis October ani iml
clrculnr. and that "svill ohnn^id the above cstiniato for thi.s year. U'avinff
But the above is substantially correct.
it a little la^^'cr than the actual.
•Ttic

fl(cui-e»

for Earopeftn

By grouping the above into six-year periods as we have done,
one is able more easily to observe and measure the later movement. Such marvellous indu'-trial energy as the figures from
1878 to 1884 disclose could not of course be suddenly arrested.
Had we included India in the above, which has only
assumed importance as a manufacturing centre within the
same period, the contrast would be even more marked. Yet

without that country the statement is perhaps sufliciently
sugge.stive, for we see that during the last six years the annual
consumption has developed from 7,272,000 bales of 400 lbs. in
1877-78 to 9,68.5,000 bales of same weight in 1883-84, or an
increase of 2,413,000 bales, whereas during the previous six
years the increase was only 960,000 bales, and during the
entire twelve years from 1866 to 1878 it was but 2,187,000 bales,
A useful fact in the same connection is the proportion of this
growth in spinning power for which American cotton has provided.
It is quite interesting in studying industrial proRress
to note sometimes how strangly hand-to-hand demand and supply develop. Extra spindles would have been of no use, our immense cotton crops would have been a drug, had not the two
increased concurrently, and the large increased yield here would
seem to have been impossible a few j'ears earlier. These same
relations l*tween a want and its supply may be observed in
earlier periods.

prfxiuction

is

Of course

made up

all

know how

the world's cotton

to-day, but the relative position of

eiiiekt.

lH(i7-<i8

18«S-flO

2,B.')-',000

•Z.hlW.iX'.O

18' 9-70

:i,

43 1.000

4.733.000
3.24 1 ,000

2,ll:;,ii00
2,0J.i,<K)O
3,03(i,0<K)

5,.^4t,00O

187071

3,167,000

2,337,000

5,504,000

4,283,000
4..'i 97,000
4,216,000
5,171.010

2.063.000
2,32".00J
2.300 OOO
2,01 ".COO

6,366.000
H,917,00O
6.525,000
7.189,000

4,i»33,000

1.807.1

00

<l,fc3o,00O

5.425,000

1,006.000

6.931,000

4,771,000

2,022,000

6.793,000

1878-79
1879-80

5,637,000

1,398,000

6.' .'.O.OOO

1,891, 000

7,035,rOO
S.450.0OO

11-80-81

7,519,000
6,073,000
8,058,000

I,8:i7,'i00

1B71-72

Average from 1866 to 1872
18T2-73
18 3-74
lh74-75
187r,-7fi

1876-77
l«77-78

Average from 1872 to 1878

18M1-82
83
1883-81

lKf'2

2,107.0(10

6,721,000

I

4.408.000
4,823,000
5,216,000
i:,7.'.8.000

6.277,000

•',356

OuO

2,350,000
2,100.000

8 583,000
10,408.000
8.584,000

2,015.000

8.7:6,000

2,510,''00

0,4>^4,0oO

Average from 1878 to 1884

The foregoing shows that the contribution of other countries
during all these years has been almost stationary, the average
for the first period (1866-72) being 2,337,000 bales, and for
the second period (1872-78), being 2,022,000 bales, and for the
third period (1878-84) being 2,015,000 bales. On the oUier hand,
the American supply has undergone a remarkable expansion,
and to-day we have an acreage under cotton which, if the
year were every way favorable, would produce at least 7 million
bales, of ordinary weights or say 8 million bales of 400 lbs.
each. In other words, we thus find that the increased spindles have been fed wholly by an increased American production and, furthermore, we are authorized to conclude that if
the world can use the cotton at paying rates, we shall probably
produce the next six years an annual average very nearly up

—

;

to this total.

0,632,000

S,08><,000

2,064,000
2,240.000

Etehuitc of

2.I7H.0O0

added to their use of cotton, the first one 6,000 bales a week
of 400 lbs. each and the second one 7,000 bales of same weight
Still this growth in spindles, after the profit in running them
has Iteen almost wholly wiped ont, Ls not singular under the
circumstances. We have on a previous occasion called attention to tlu^ large expansion in tliis industry which has been in

—

Total Supptif
i

2,230.000
2.718,000

1H6«-C7

United States from prolonged depression, European expansion
being concurrent with, and in good part a result of it. Comparing the period 1878 to 1834 with previous periods of similar
lenglli, the rapidity of recent development is more apparent.
For the purpose of giving expression to that fact, we have
prepared the following statement in bales of 400 lbs. the
Europ<\an figures for the last six years being from Mr. Ellison's
circulars, and the other European, together with all those for
the United States, being from our own compilations in " Cotton
from Seed to Loom." These figures are not the takings of the
mills, but the actual consumption, and are all expressed in

Supply
UnUed Blalu from
olhtr
Crop.

Tear.

as have existeil— but its chief signifii'anee lies in th(> fact that
this adilition as stated follows two poor years, which have also

progress during late seasons; since 1878 the record is quite
phenomenal. That year was the date of the recovery in the

283

How much

is Europe likely to want
Of course we cannot find room here for
even a partial investigation of that subject, and yet we must
say that we by no means take so hopeless a view of spinners'

in

of this staple, then,

coming years ?

prospects, even in Great Britain, as the late annual report of the

Cotton Spinners' Association seems to assume. There is cerlittle force in the argument that, because spinning
has been unremunprative for three years or more, th.at it is to
remain so much Ioniser. Cycles of depression always have and
will come, and always produce weeping prophets who think
every trade is in a state of general decay.
In this case it
should also be remembered that the depression is world-wide :
that enterprise is everywhere checked, so that the power toconsume goods not only has not kept pace with the growth,
that has been in progress in spindles, but has been actually
lessened. Now at such a time to argue about India's little
contribution toward supplying the wants of the East (India's
entire exports of cotton goods of her own make in 1883-4 being
valued at £2,8.53,170, against Great Britain's £33,000,000) seems
to us very illogical. India can only increase her outturn of
goods by an increase of spindles, and that is a very slow matter
anyway while if times improve, consumption will revive and
also will increase, as in the past for the entire history of
the trade shows that making plenty of room for England and
India also. Furthermore, unless spinners' stocks of goods in
England are larger than we suppose, Great Britain must be
increasing her home consumption even now
for her outturn
of goods is considerably more, while lier total export has this
year actually diminished. May it not l>e that the better crops,
the United Kingdom has been blessed with the last two seasons
have enlarged the purchasing power of her peoi)le, and may
we not anticipate similar benefits to accrue from the excellent
results the farmers will secure this year all over Europe ?
But we did not intend to dwell upon this point. We cannot
help adding, however, that there is, in our opinion, one thing
which to-day more than all thin.gs else stands in the way of
progress throughout the world in this and all other industries,
and that is the condition of silver, and we look for no recovery
and expansion like that in 1878 and subsequent years, until its
status is more definitely determined than now. We should
tainly very

;

—

—

;

America and other sources of supply now, compared with
years long gone by, is not so well known, as old statements of
supply do not indicate the real fact, being usually given in say in explanation of the very considerable contraction in conordinary bales. Of course in that case an increase in Ameri- sumption in Great Britain as the year closes, that it is special,
can heavier weights does not figure for as much as it really is. and due largely to the prospect of a large American crop and
We have therefore prepared the following, showing the world's lower prices for the raw material later on. With a very slight
supply of cotton in average bales of 400 lbs. each since 1860-7. margin to the spinner on goods, with trade in all departments-

THE CHRONICLE,

284
inactive

and dragging, and with the

visible

and

South, and

very small, there

XXXIX.

natural and probable that future development
main follow these lines of greatest profit.
To-day the country has too many spindles, the excess being
largely due to this new and therefore double activity in their
production. In the North the usual progress was making,
while in the South another center of manufacturing energy
was developing.
somewhat similar process and result appears between Great Britain and the Continent.
Thus in
1871-2 Great Britain consumed 3,015,000 bales( 400 lbs.) of cotton, and the Continent 2,057,000 bales (400 lbs.); but in 1883-4
Great Britain consumed 3,800,000 bales (400 lbs.), and the Contment 3,510,000 bales (400 lbs.). In other words. Great Britain
kept up pretty near its old rate of increase under which the
world's growing demand for goods had hitherto been supplied,
while the Continent, instead of adding on an average but

invisible sup-

it is

in power, will in the

a double reason to the
manufacturer for restricting production, since any urgency
now in the demand for cotton would necessarily put up the
price materially, whereas if the crop is to be a large one the
prosiject is that it will be decidedly lower later on; and furthermore, prices of goods will not follow an apparently temporary
rise in cotton under such circumstances of trade as now exist.
With regard to the United States, it is scai-cely necessary to
say that the year has also been a poor one for the cotton spinner.
That was the report we had to make last year, but the conditions since then have grown worse instead of better, especially
during the last six months, shaping themselves ss as to prove
about as adverse as possible. Of course, however, a poor season does not press with equal severity upon all. This is true
of every industry. Many furnaces can even turn out iron today at a profit. It may be freedom from debt, more working
capital, greater skill and economies in management, better
machinery and facilities, more favorable situation with reference to the raw material and to a market some or all of these
combined give the advantage, so that while the ill-favored mill
fails, the other earns its dividend.
Often also the single fact as
to time of purchasing cotton entails great loss or corresponding
Many mills are nearly always fortunate in this way,
profit.
but success in that particular is impossible without capital as
well as judgment, and even then all make mistakes sometimes.
plies of cotton

[Vol.

is

A

about 2 per cent a year as from 1806-7 to 1871-2, added a yearly
average of about 7 per cent from 1871-2 to 1883-4.
Such a growth, in the capacity for production, could only
have been attained at a time when industries were very greatly

—

power could find profitable
excess not be apparent.
all know
United States the needed conditions existed.

stimulated, so that the increased

employment and
that

in

the

We

its

Railroad building in America affords a good measure, and the
best evidence, of the high pressure applied to production of
every kind during the j-ears covered by this growth in spindles.

It went on, of course, after business slackened, and until the
worked work then in contemplation or begun was finished. In the
against a certain class of our Northern mills has been Southern South, building new mills and enlarging old ones kept up a
competition. Spindles have been increasing very rapidly in little later, as the home and near-ljy markets continued longer
the South during that period, and even during the past twelve to furnish a good demand for its limited production.
Now,
months many new factories have been set in motion, being in however, the industry everywhere finds itself overtaken with
most part mills which were in process of construction when this double pressure — spindles not only excessive but still
last season closed.
The competition between the two sections increasing, and business activity not only slackened as at
is mainly felt in the coarser goods, which form the chief sup- first, but growing more depressed each succeeding six months.

A jioint which,

for the last

two or three

years, has

i

ply of the South, freights for the raw material being obviously
more of an item in such cases. Many argue, from results
already obtained, an entire change in the location of the spin-

ning industries of the country. This is a very hasty concluThe past proves simply that up to this time spinning has
in general been successful there, in some cases very successful.
The same is, however, true of mills in the East a good proportion of tliem are even making money today. Experience
of th.at kind settles but little therefore.
Furthermore, relative cost of production is a very difficult
question to analyze. In the first place poor management can
waste the best advantages, while good management makes
circumstances favorable where it does wot find them so. Take
the main question, that of freights. There is scarcely a year
when correct judgment as to time ana place of buying does
not count for much more than any possible difference in handling and moving the cotton. Then, again, rail competition
direct and continuous between the Northern mill and almost
every Southern market however small, with the telegraph
communicating, gives the opportunity to the Northern spinner
of picking up cheap and suitable lots of cotton, and getting
them forwarded at surprisingly small cost. The roads being
built must have business, and besides there is always a tension.

;

It is not surprising, therefore, that the supply of goods should
prove burdensome, and especially of those descriptions in
which the North and South come in competition. The situaation was very similar last year, only the unfavorable conditions have been aggravated this year, becoming in many cases
unendurable since the May panic.
What makes it more
irksome to the manufacturer is the fact that the surplus stocks

now all thrown back on the mills, jobbers and interior
merchants refusing to buy in excess of immediate wants.
As a consequence, mill paper in some cases, where surplus
capital is small, is very abundant, some banks being full of it,
a feature of the general situation which a shoit time since
are

caused some anxiety in financial

circles.

The mere recital of these facts shows clearly enough the
wisdom and remedial effects of the present movement to
curtail production. The need of short time had long been
manifest. Last Ajjril a concerted effort was made to secure
that end by obtaining the consent of three-quarters of the
New England mills to an agreement stopping production one
day each week for two months. The effort, as will be remembered, was unsuccessful, not for the reason that its necessity
was then unperceived, but because some thought the proposed
remedy quite insufficient, others with a supply of low-price
dency, in rates and prices of commodities, in the direction cotton on hand could afford to run at current rates and so wished
of equalizing advantages between the producer of the raw to, others were producing materials that were not in any great
material and different centers of manufacture. In heavy arti- excess and felt no pressure, wliile many well-managed mills
cles this conformity can only be very partial, but in lighter com- with modern machinery and an abundance of working capital
modities the difference in the end is so small as to count but were and still are making m:ney all the time. These latter
little.
Finally, even where a considerable advantage might be classes would of course like to see their neighbors stop; for
possible in case of a single mill in a Southern locality able to by checking the accumulation of goods the market would
select its staple in its immediate vicinity, it would be evi- become steadier in all its departments, while it would weaken
dently lessened if not wholly lost where the same locality prices of the raw miterial; but the most of them showed no
became a center of Southern manufacture. In a word, expe- disposition to favor the movement by their co-operation, so
rience and theory both seem to teach that the cotton spinner, it failed. After the panic, however, the option
no longer rewhether in Massachusetts or Georgia, will secure in the long mained witliin tlie control of many of the spinners. That and
run much

a

less benefit than is generally imagined through
difference in rates on the raw material— not enough to
make

of much importance, except it may be on the coarser goods.
These suggestions have been drav.'n out by the extravagant
claims in the particular referred to, made during the past
year
in behalf of the Southern spinner. Beyond a doubt,
cotton
manufacture in the South is a success, and will continue to
be a success in the future; but that it is growing up on
conditions that mean decadence of that industry in the
East
it

as chimerical as many of the theories wliich find
their
origin in thtse depressed times.
may say in general, that
fine goods pay best in the North, coarse goods pay
best in the
is

We

subsequent events affected not only the demand for goods
power to carry stocks, while at the same time the
prices of cotton were high and likely to go higher if consumption was kept up. Hence short time was entered upon,
not mainly by concert of action or individual pn ference, but
under the force of circumstances, some stopping in June,
more in July, still more in August, and in the early part of
September, as we write, more than half the sjiindles in the
country are probably idle, curtailing the production of goods
quite materially and giving a steadier tone to the goods market.
What has been said above sufficiently indicates the direction in which the pressure has been most severe the past season.

'but also the

Sbpteubkb

THE CHRONICLE.

1884.]

18,

285

wo may Bay that all mills not liavuiR Still the Btatement gives a fair indication of the relative posimachinory, and in every other way adapted for doin^ tion of the different markets, if one bears in mind that conceowork cheaply, liavo made a los». Besides that distinction, wo sions are alway.s made when trade lags. The following will
may add tliat flno plain goods have suffered least; and yet no f urtlier help to illastrato tlio relative situation.
department in the whole trade lias met an active inquiry.
1883.
18M.
In print cloths the results have been bo poor that the moveJan.
7
40
Jan.
1,
not.
1. OMnet. Jan. 1. (iii net.
ment to shut down assumed a more organized form. Under Southern 3 yard BheetlDgs. \
not Sept. I, e!<ret. Sept. 1, SM net.
Sept. 1, 7
an arrangement entered into between them, nearly all the
Jan. 1, 1H
Jan. 1, S
Jan. 1, en
shcoUngs
Peppcrell
line
R
mills .at Fall River closed, and in one week reduced the pro"
j
Sept. 1, IH
iept. I, 7
Sopt. 1, ex
ductiou which had kept up to .about 170,000 pieces weekly to
Jan. l,ia
Jan. 1, lOH
Ju. l.llJi
Wamsutta 4-4 bl'oh. cot'ns Sept. 1. 13
Sept. I, Wi
Sept. 1, lOX
\
For reasons which seemed sufficient to them15,000 pie«>a.
Jan. 1, \0%
Jan. 1, V/i
Jan. ), RM
eelves they then started up again and close the year with a L<ni sdnle 4-4 bleacb.cott'ns
SiH>akinK KWi'TivlIy,

modem

.stock of

The

about 580,000 pieces, against 235,000 pieces

\ Sopt.

last year.

total stock of printing cloths at the sevei'al mantifactiir-

04z(S4 4-4 bleached cottons

I

10

1,

.Tan.

1.

W4

Sept.

1,

fl-X

I

Sept.

I,

Jan.

1,

Sept.

I,

8M

9ii

Sept.

1.

1,

Ki net.

6^

Jan.
net. Sept.

1,

SMnet.

I

Jan. 1, 7
'Jan. 1, «)4
ing centres August 31 was 1,875,000 pieces, against 695,000
Jan. 1,
Standard fancy prints
Sept. 1,
Isep'. 1, fl>4
ropt. I, 8
In this connection tlio fact
same time last year.
'Jan. I, e
Jun. 1,
Jan. 1. 5
year
there
has been vei-y Httlo Sbtrllng prints..
should bo stated that during the
leept. 1. 5
Sept. I, e
«ept. 1, S
gain to the manufacturer anywhere by lesfsening the cost
NoTE.-Good.s not marked "net" subject to a diicount of 5 per cent
lower,
are
scarcely
any
though
Wages
a parof production.
on plain cottons and per cent on prints.
tial reduction was secured in some cases; but .as cost of living
With regard to the changes during the year in spinning
is much les-s th.an it was, the condition of operatives is more
comfortable than it has been for a long time. This is satis- power there is but little to be said in addition to what has been
factory not only in itself, but as a drop in wages may become stated above. Of course with business so unsatisfactory the
necessary later on, it is well to know that there is a good work of enlarging the capacity of old factories and building
basis for such a movement. The daily ruling prices for print now ones has been checked. Some additions to the number of
spindles were made in Northern mills mainly the first half of
cloths have been as follows.
the year, the work being begun previously; but with those exJJAILT rmcES OF PRINTING CLOTHS FItOM SErT. 1, 18S3, TO AUG. 31, 1884
ceptions and the substitution in a moderate way of new ones,
«5
modernizing old machinery, and thus increasing its efficacy and
fa
u
a
s
.

pieces

Bay.

t

1

2

^

3-4 (i 3-09

30"

3-48

307

3t!'J

8.

H.

1?
ir.

3-03

1

5Jt

3

1
340

3.50

8.

1356

I3-4430J

n
3-5(1
3-.50

3 23 3-25
3-44 3 25 3 25
8,

3 07 30i; 348:3--14 .S. 3 40 3303-50 3-44i3-2j: .S
3 (!5 S. 3-48:3 41 3-03 3-41 350 8. 3-.i9 H. 3 >5
:i-4ti 3<i.'> 30'J 3-49 .i-4l 3-03 3 •3-; 3-50 3 50 3-39'3-'2;j 3''5
U4(; 30ij 11. 3-10 8. 3-(i:i 337 8. 3-.-)0 !37! 8. 3-?5
:f4t; H.
301i3-4G 3-44 3 03 3-37 3 50 3-50 337 3-?9 3-- 5
;<tH 3-(ir) .j\)9 J-4ii 3-41 3 03i3-37 3-63 3-30 8. 3 -.'5 3-''
,s.
3 07 3 59 8. 3-41:3-03 a. 3-03 3 5(113-37 3-^9 l-"5
;<••!« •!(ii 3503-.10 3-44
8. 3-37 3-03 3-50 3-.37 :i-31
8
:i-,-)0 3 (iil
S. '3-40 3-4-I (303 3-30 a.
8.
:i-.37 3-31 3-'5
:s-M) 3-09 3-.-i0 3-4C;3-44;303 3-37 3-63 3-50 3-37 3-31 3- 5
;jo(i 3-09 3-.-|0 3-40 S.
3-0X13-37 8. 3-50 3-37 8. 3-?5
3 -.10 3-40 3-4 t 303 3-37
3-30 3-3 3-23
3-63 3fi9!3-52 3-4G,3-4r, 303 3-38 3-fi.3!.3-5()
3-''5
3-.=j(. 3-OOi
3-03 3-511 3-36;i-.31 3-^5
s. 3'09,3-52i .S.
8.
3 ti3 3(59 3-.'i2 3-46!3-.'.0 8. 3-39 3-633fi0 3-30 3-31 8.
3(9 3-6 S. :3-4.i 3-.">!> 3-00 3-41 3-63; 8. 3-30.3-^8 3- '5
3-fiP 3f>n 3-3'J 3-4S 3-50 3-56 3-44 3-03 3-5' 3-.30 3-23 3-"5
309 309 3-.Vi'3-4.^) 8. 3-50 3-44 8. !3-50 3.30 8, 3-?5
3-rt!>i 8.
3-.50 3-45 :i-5o 3-56 3-44 3-0^3-.5(i 3-:{4 3-25 3-'>7
3 (59 3-0 3r)03-45 3-.-)0 H. 3-44 3-6^1 3-,5li 8. 3-25 3-27
s.
3-cn 3 501 8. 3-3t. 3-50 8. 3-03 3-5(> 3-34 3-25 3-27
3t>3 309 3-.-)0 H. 3-30 H. 3-14 3 03 3-50 3-34 3-L'5! 8.
3-69 3-69 8.
H. 3-.5(> 3-56 3-443-OU 8. 3-34 3-2513- 7
309 3-69 H. 3-4.'-> 3-.'i0 3.53 3-5 ,3-0 3-50 3-34 3-25!3 27
3-4r>
3-50 3-3
3 -'7
309 309 3 SO
3.503-5
8.
8.
8,
3<>(i
3-30 3-4.-) 3-30 3-5(it3-50 3 60 3-50 3 34 3 23 3?7
8.
3(J6 3 69 n. 3-4i) 3.52 317i3 50 3-50 3 50 8
3";^5 3-97
8. 3 03 350 .S. 353 ....1 8.
3-50 H. 3-31 3".'5 3-27
.... 3-031....
H. 3-53 ....13-30 .... 3-44
3-25
8.
:i-4()

.1

4

;j-tK

.j

6
7
8

9
10
11
12
13

14
IS
16
17

S

..

1

18
19
20
21
22
23
24
23
26

27

1

28
29
30
31

The

goods and cotton may be at a glance
approximately determined on the basis of the following comparison of prices of cotton, standard sheetings, Lancaster
ginghams and printing cloths, the first day of each month for
the past three years.
relative position of

Tear Ending with Aug. 31-

^

1333-84.

1882-83.

1881-82.

we have

no progress made. Fires have also
disa.strous, and the losses in that
way have lessened tlie actual growth; hence we increase but
little our figures for the Nortli.
la the South, the unfinished
capacity,

to report

been unusually numerous and

work when the last season closed was relatively much
more considerable, there being at that date quite a number of factories iu process of completion or enlargement, all of

which have started up this year. Most of the old concerns, as
JB well known, have all along recorded a very favorable result,
and this gave a decided impulse to enterprise in that direction
which was fuTther encouraged by favorable legislation. Now,
however, old contracts having been completed, any consillerable expansion

is

not anticipated until there are more evidences

a recovery in general business. Not unlikely disappointments will follow many of the later investments. This is
natural, being almost the universal e;sp3rience of rapid industrial development .in any direction.
It should moderate
expectations to remember that all factories in the South have
not hitherto been prosperous ventures, and that it is too soon
as yet to determine just what is to be the future of tliis
of

industry in that section. With the multiplication of mills
many circumstances change, and notably some which have
been so favorable in its earlier history we refer particularly
to the cost of labor and the saving on raw material already

—

We

see no reason, however, why cotton manufacturing sliould not go on prospering in the South as it has in
the past, only it is not wise to make cases of jihenomenal success
the standard of future expectations. The total spindles in the
country September 1 for the last three years are believed to be

remarked upon.

as follows:
•3 "^

r;?

il

t

93t

CIS
734

Oct... lO"*

7%

Nov.. lOijc
Deo.. 103,5
Jnn. 10-!ie

75,
734

Feb. 1033
Mar.. IOI3
Apr. ni,a
»9
May..

714

CIS.

Sept.

.

.

Juno
July

.

113,0
lOSg

7%
^H
714
71*

7'a
7-'4

Aug... 1011,0 7-H

Cis.

3-48 129,8
3 69in>«
3 02 10J«
3-48 10
3 44
3-01
3 -46

C(».

CIS.

8I4

8I3

8>4
814
814

8J2

3-85
3-83
3-09
3-69
3-69

9%

8

911

8

813

369

8
8

3-73
3-62
3-59
3-62
3-63
3-48

9n,„ 8

3-23| 9I3

8

8
8
8
8

North

.

South.,

Ols.

81s
8I2
8I2

3-50 90,,
3-50 10
3-44|l0i4
3-25 913,0

Note.— SUcetinR.s— Ascnts'
Clotbg— Manufaoturci-«'

CIS.

1883.

1884.

11,SOO,000
660,000

12,100,000
1.100,000

O

12.000.000

13.2(10,000

S.S
'^ .s

^

.'

1S82
11,320,000
080,000

Sept. 1.

Si

8
8
8

8

Cts

CIS.

I11116 81s

lOh

CIS.

"»10
II.-.I8

1158

81a lOij
8?i lOifl
854 10i«

CIS.

3 •'a

4
4

4

llTjo
IIO16

8%

9

4

8%

9

313,8

WM

S^
BM

9

3 73
3-77
3-94

1111,0
1113,8 8I4
8I4
11»8
12=I6 8 '4

12%

S>4

9
9
9
8

381
3-83
3-85

Total...

ber that

home consumption

Atlantic A) are given.

rrlntiiig

prlccM).

The foregoing is obviously but an imperfect guide
mining the course of the trade, since the discounts

in detor.

through the season
Furof goods have accumulated, notwithstanding
lias

been

all

inactive, buyers being as coyish as a courted maiden.

thermore, stocl:3
the unprofitable prices and the concessions frequently made
to effect sales. There h.os been, therefore, an over-supply, just
such conditions as would naturally stimulate shipments. This

was somewhat so
prlc(ja (tor

12,000,0(

The export movement of cotton goods is, under the circumstances which distinguish the year's trade, very remarkable.
To appreciate its character and significance, we must remem-

till

previous year too.

And

yet the

volume

of this trade continues not only small in itself, and very small
in its relation to the field to be covered, but what is most sur-

prising, it is annually decreasing.
If our readers can find anything gratifying in the following statement, they are more
vary so much at different times. As for instance, Lancaster easily
pleased than we are. Mr. Nimmo, the Chief of the
gingliams from Sept. 1, 1883, to Sept. 1, 1884, are reported at Bureau
of Statistic, lias kindly given ns the figures for thi
8c. per yard, though enlarged discounts were at times made.
year, and we add to them for comparison previous years' results

allow(-d

THE CHRONICLTl

286
Year Ending June

Exports of Cation
Manufactures.

18S4:.

Colored goods .Yds.

Do

Value.

Unoolor'd goods. Yds

Do

Value.

Otli.manTsofFaiwe-

30—
1881.

1882.

1883.

35,441.298 34,066,2921 29,525,672 68,184,293
$4,983,312
$2,i579,666| $2,648,278 $2,326,3191
99,750,450!l03,634,459:il4,994,402 80,399,154
$6,624,374
$7,503,3611 $3,629,723 $9,351,713
$1,801,984! $1,673,144 $1,534,947 $1,963,601

Stock on hand end of year (Sept. 1, 1884)—
bales.
87,415
At Northern ports
24.318At Southern ports
At Providence, Ac, Northern Interior markets

Tot. cotton manuf.ic$13,212,979 $13,571,28';
tores exp'rt'd Value $11,885,211 $12,951.145

million
certainly a sorry exhibit— a total of over a
previous
the
than
less
was
that
and
year,
last
dollars less than
may be a hint,
year, and that less than 1831. Perhaps there
figures cov ering
similar
in
learn,
willing
to
are
who
for all
and goods. It
India's shipments of home-made cotton-yarn
must be remembered that spinners there have a very inferior
situated than
staple to deal with, and otherwise are no better
making.
the foUowing shows the progress they are

This

is

we, and yet

Cotton.

[Vol.

XXXIX.

111.733

4.457— 4,062,00 «>

Total takings by spinners in the United States, year ending September 1, 1884
Taken by spinners in Southern States, Included in above total

1,889,163

334,000
1,555,163

Total takings by Northern spinners

These figures show that the total takings by spinners North
and South during 1883-84 have been 1,889,163 bales, of which
the Northern mills have taken 1,555,163 bales and the Southern
The South has added but little to its
mills 334,000 bales.
takings, notwithstanding its large increase of spindles, having

probably carried over a considerable stock of cotton last year.
As to the North, the takings have been less than the actual
consumption, high prices, with the expectation of a larger
crop in prospect, having induced the using up of surplus stocks.
Our summary of takings and consumption on the basis of no
stocks
in the hands of Northern spinners on September 1, 1875,
1880.
1881.
1882.
1883.
1884.
reaches the following results for the years since that date.
S.
S,
S.
The width of our columns compels us to omit the years 1875-76,
1,926,162 1,816.818 1,308,836 1,292,576 1,109,234
1876-77 and 1877-78, but they are the same as in previous reports.
927,098 761,564 641,680 626,558 512,513
St,

Twist and yarns
Manufactures

.

. .

2,853,170 2,578,382 2.010.516 1.909,134 1,621,747

Total.

we
Here we have a record of healthy steady growi;h. Had
only
total
India's
found
have
would
we
gone back to 1876
comparing with
£663,000, or say less than Z]4 million dollare,
figures for the
£2,853,170, or say 14}^ million dollars. Similar
United States in 1876 were $7,723,978, and now they are
shipments of
$11,885,311, as above. That is while our foreign
in 1876,
cotton goods were 4J^ million dollars more than India's
will add that
now they are nearly i% million dollars less.

We

able
India enjoys the advantages of free trade and is
therefore to compete with Great Britain in the markets of the
world. The United States prefers a different policy and takes

TaMno» and Consumpf'n.
Taktn /)!/—
Northern mills
Southern mills

1878-79.

1879-80.

1880-81

Bales.

BOes.

Bales.

1888-54.

1881-82. 1883-83

Bala.

Sales.

Biles.

1,418,960 I,821,S05 1,681.804 1,601.200 1.772,912 1,155.163
334.000
179,000 203,000 a3.S,000i 331,000
15^,0(K)

Tot. takings from crop 1,568.960 1,803,805 1,891,804 1.899,208 \103,9I2il,889,163103,795
6 ),8S3
91,079
127.883
27,274
63.314
Stock held by mills...

Total year's supply

—

CoiiaumpVn (C3(iniiited)—
Northern mills ...
Southern mills
.

l.«,T2,274 1.831,079 1,982,833 2,027.089 2,104.795

1,453,000 1,581,000:1.650.00) 1.728,2W 1,730,000 1,643,517
334.00O
179,000; 205,009' 238.000: 331,000
152,000

—

1,605,000 1,740,000:1,855.000^1. 9B0.208,2,0«1,000 1,977.517
Total consumption
2.1d4,793 1,992,958
Tot. supply as above.. 1,032,274 1,831 ,070ll,982.8S3'2,0a7.O89

Leav'K mill sfks Sept.

1

27,274

127,833

91,070

6 0,883

10

18,441

1.7i)8

And this, too, notwithstanding we grow
the consequences.
The foregoing leaves stocks in spinners' hands at 15,441
have as perfectly appointed factories bales, and shows that the United States consumed last year
quality,
best
cotton of the
as there are in the world, use more intelligent labor, and 1,977,517 bales of cotton.
therefore by the yard pay no higher wages, and have customers
Weight of Bales.
which are so near that they can be more cheaply reached by
The gross weight of bales and of the crop this year we have
US than by other producers.
give last year's statement for commade up as follows.
Such, in brief, have been the more prominent features of
parison.
the goods trade during the past season. It is to be hoped—
1883.
Year eniUoQ September
Tear ending September 1, 1881.
and there seems to be fair encouragement for the belief— that

We

1

the coming year will be less trying. In the first place, spinners start with a material lessening in production. This was
essential, and should be continued until a substantial inroad
has been made upon old accumulations. Tlien, that pressure
being removed, current demand, even though it continues

be sufficient to take current production. At all
events, with the crops— which to-day promise very fair results
—made and well started on the way to a market, it is safe to
expect that all trade will receive a moderate impulse. As is
well known, we do not look for great activity. There are too
many fiscal questions unsettled, and which Congress alone
can solve, to permit a full restoration of confidence. Still the
trade seems now as if it had reached its worst estate and that a
gradual recovery as the year progresses could be anticipatedIt is not, however, presumable that there will be any more
Of course, both North and
mill building for the present.
South the old successful companies will always be extending
their works more or less. But the South has demonstrated
this year, and the North had proved it before, that ignorance
of the business, lack of working capital, untrained and
unskilled hands, are conditions sure to bring loss, and in the
end failure everywhere. Hence, before further expansion is
attempted in either section, a period of rest seems essential.
Below we give our usual statement of the takings of cotton by
spinners North and South during the year.
sluggish,

may

Total crop of the United fctates, as above stated

Stock on hand commBaoemont of year (Sept.

AtNorthern ports
At Southern ports

At Providence,

<Sto.,

1,

bales.

5,714,052

1883)

WeigU in

Av'utje

Ktimber

of balsi.

pounds.

weioUt.

of bales.

000.919

309.370.891

1.529.158

Virginia
No. Carolina.

744.770
173,001

Tenn'ssee.Ac

1,279,861)

733.078,345
118.928.044
330.985,512
202,131.789
352,201,733
81,378.210
630.975,417

Total crop 5.714.052

2.759.047.941

Louisiana

240.215
707,234
432,8S6

So. Carolina.

-

Weight

ill

ct

pounds

ivrage

aright.

S87.4I8

45J.673.fir-0

517-99

1,690.479

f 22.1 415,1 2H

4:)0-2S

313,223
844.148
690,914

158,433,-53

5(B-81

407,530.605
280,(84,150

995,2.33

473.243,244

4t2-60
475-00
475-51

470-38
181,528
403-00 1,488,980

85,439.783
743,405.379

499-33

8.092.23;

3.430.346,-.9.

190-63

509-74
479-40
495-09
488-00
48B-91
472-90

4hi!-8fl

Including Florida.

to the foregoing, the average gross weight per
was 483-86 lbs., against 490-63 lbs. in 1883, or
season
bale this
7-76 lbs. less than last year, which indicates 19-4-5 per cent
decrease in the total weight of the crop. Had, therefore, as
many pounds been put into each bale as during the previous

According

season, the crop would have aggregated only 5,623,500 bales.
The relation of the gross weights this year to previous years

may

be seen from the following comparisons^

A rrraije

Crop.

Season of—

Wciijht

Xnmbcr of

Welyht.

Bales.\

Pounds

per Bale.
482-86
4M0-62
475-67
485-88
481-55
473-08
480-10

18S-2-83.

6,!iy2,'.»34

2,759.04V ,'.141
3,4: 0,5 16,-; 94
2,58.">.'

5,714,052

1883-84
1881-8-.J.

8,435,845

1880-81

.

6.5S!),3-.;9

187:1-80

.

1878-79.
1877-78
187H-77
1875-76
18 ?4-75

.
.

.

—232,106
5,011— 237,117

dumber

Texas

.

135,180
96,928
Northern interior markets.

Crop 0/—

86,378
3,-201, 516,730
2,77/,448,480

5.757,397
5,073,531

2,400,'i05,5-.:6

4,811,-.;63

2,30!.,908,!107

4,485,4-i3
4,fiB9,288

2,lO0,4U.J,O80
2,201,ll0,0;;4

3.832.991

1,786.934,7«5

The New Crop and

its

468--:8

471-16
468-00

Marketing.

There is far greater accord in the opinions expressed this
6,951,169
Total supply durinft year ending Sept. 1, 1884
Of this supply there has been exported
year by good judges respecting the growing crop than there
3,916,579
to foreign ports daring the year
was a year ago. Then, although the belief was general in a
13,736-3,902,843
Lessforelgn cotton included
decreased aggregate yield, the differences in the estimated loss
28,100
Bent to Canada direct from West
were quite wide apart. It was known that chief harm had
14,873
JSumt North and South'
*
^^ Burnt includes not only what has been thus destroyed at the come from the extensive drought and the extreme heat at the
Northern and Soutlieni outpoi-ts liut also all liuriit on Noi tlieru railroads
want of uniformity in opinion
and in Northern factories. Every tire wliic^li has occurred. ettUi-r same time prevailing, but the
in a mill or on a railro.id in the North, during the past year, we have as to the result grew out of later raiiis and the recovery
and where there was cotton lost, have sought, and in
Inve.stigated
wh ich was anticipated" from them.
almost every case obtained, a full return of the loss.
;

THE (CHRONICLE.

Septemhi;!! 13, 1884. J

This season the conditions have l>een more favorable, though
thoro are cxcoptions to tiiid statomunt. (1.) The start w.ia un»li>iibteilly a lute ono, the spritix beian in Keiioral (jiiity cold
and backward, while over a largo area in the Southwostt, plant-

ing wiw delayed or re-planting made necessary by the Hoods.
About the first of June, however, the growth became more
rapid, and as the cultivation was quite perfect good progress
was made. This was esi>ecially true of the Atlantic States,

(2.)

good part of Alabama, the e:istern portions of Misthe most of Arkansas, and Teunessc:;; a considerable
portion of Louisiana, Texas and Western Mississippi were less
favored, the raias and floods causing in some sections very late
ro-planting. (3.) The summer weather has been in general
favorable, the temperature being moderate and the growth
healthy, and up to the latter part of August thsre wore very
few complaints of imp3rtant injury from any cause; the chief
exception to this was the drought which prevailed over a good
part of Texas and in limited portions of the other Southwestern
States. In Texas particularly the drought was very severe
local showers relieved the situation in some localities, but elsewhere the drought was prolonged until the vitality of the plant
believe, however, that .as
was gone past restoration. (4.)
a general result of all these conditions the outlook up to the
latter part of August was for a better yield in every State than
Of
last year, except possibly in Texas, and perliaps there too.
course, later information may modify these views. On account
of the late plantings in the Southwest, of the cold sprmg

and

also in

Hlssi])pi,

;

We

moat

persistent eiforts to push cotton forward as fast
In 1882 there was perhapH a little less indaceiiicnt, but no hindrance to a free movement, unless the yellow
fi'vtT may have acted as such in a small district in Texiui.
In
IHSil there were yellow fever rumors at New Orleans (though as

led to the

as picked.

cati.se) which may poshave had some slight effect on cotton arrivals other
than th.at, there was nothing to retard the movement except
low prices, and no sfKjculation to hasten it. This year the cotton is late in moving, simply because it is late in maturing.
ARBIVAU OF HEW COTTOM TO RKITBMnCR 1.

subsequently appeared wholly without
sibly

;

1878.
Cliarlottc, N. O
CburkKton, 8. C

."iO

4,765
1,286

Oa

;

;

September
receipt of

Ist of

new cotton

for several years.

First,

we

give

first bale.

Dale oflteceipl of First Bale.
1878.

1879.

1880.

1S81.

188^2.

1884

1883.

—

Yirginia
Korfolk
No. Carolina

Cliarlott*
'Wiliulnsrtou..

Carolina

—

CUarlc.-'ton

..

#Vo.

Aug.l9 *ug.l6

—

Oeorffia —

5ept.

5 Aag.29 Aug.27

Atlanta

AUK.12 Aug.30 Aug.21 Aug. 16
Aug.23
Aug.ia Aug.28 Aug. 18 Aug.lG Aug.23 Aug.23 Aug 25
Aujf.

5 Aug.l3 Aug.l2 Aug. 6 Aug. 12 Aug. 17 Aug.20

Savanuiih—

From Ga
Froiu Fla

July 2S
Aut-. 3
Aug. 2
.A.U.;. 3
Aug.21

.

Macon
Cnliimbug
Grilllu

Aug. I'JulylS Juli-24
Aug. 9 July 22
Aug. 9 Aug. 4 July 23
Aug.l4 .\ug. 2 Aug. 5
Aug.2:. Aug.22 Aug. 14

Albany

Aug. 2 July 6
Aug.l9 Aug.lO
tug. Up Aug. 8
Aug. 7 Aug. 7
Sept. 4 Aug.22
July 11 July 5

Aug. 4
Aug.l9
Aui,'.l.5

Aug. 13
Sept. 3

Aug. 2

Alabama—
Moiiti:omcry

Mobile

Silma
Eufaiila

Louisiana —
New Orlfans—

140 2,550
103 1,800
12
350

2,.50O

.V21 12,43-)

4,958

738
187

535

IS'J
4.')»

La
La

fllirevf'p ut.

18

1

68"
3,165
1,878
47
2,000
200
44-i
7ti8
1,646
1,798 14,279 1,196
231
045
37
1,163

"347
7»

80H

123

650
365

12.j

40
80

682
128

1

•10

235
144
252
11
2

J

19

2

5'!

3

3

1
1
4,135

1,226

340

880

30

8,691 110,.527 10,517 17,098 15,677 22,738

39

Texas
all

205
734
277

196
121

589
32
6
074

35.1

1,100

10
48

Mempliis, Tinn
Galveston, Texas. .

Tot al

G04

187
•200

Vifkabitrg, Mlas
('oluuihUH, MiKfl
N:islivmi', Tenn

Dallas,

.5

1,113

1,00=1

10,108
1,225

803
^9^

Orleans,

176
176

25
3,278

425
121

,530

New

SCO
330

1,217

Ala
Kuranla. Ala

S(^lnia,

1,4.50
0,52

450

76

Mobile, Ala

Oa

19

13.-.

MontKoniiry, Ala

IIoiMC,

1,592

1884.

1S83.

4.5

131

14

150

3

l,026i

ports to

September 1
!23,l°4'l4,042 35,691 50,633 26,25.<i 31,424; 6,902
E-*timatrd; no returns reeeived.
tXbls Is the ara'jurit returnol as new cotton by the milroads It is
estimated, however, that the actual r.'colpts were much larger, as In
many cases the roads did not distinguish between old and new cotton.
. .

•

;

Sea Island Crop and Consumption.

We have again to acknowledge our in<lebtedness to the kindness of the various receivers and shippers of Sea Island cotton,
tlirough whose assistance we are able to continue our annual

As our readers are aware, no record is
kept of the export movements of Sea Island except for the
ports of Charleston and Savann.ah. For the Northern ports
Custom House manifests furnish no guide.
have found it
impossible, therefore, to perfect these figures except by special
correspondence in every case with the consignee or the shipper,
and in tliis way following every bale of Sea Island after it
appeared at a Southern outport, until it either had actually
been exported or taken for consumption. We should also state
that for the shipments of cotton direct from Florida to ports
other than Charleston and Savannah, we have in the case of
eacli consignment, at the time of its receipt, procured from the
report of that staple.

We

receivers the exact

number

of bales of Sea Island received.

Florida.

AuR. P Aug. 14 Aug.l2 Aug.lO Aug.lo AHg.1.5 Aug. 19
Aug.lO Aug.22 Aug.16 July24 Aug. 4 Aug.26 Aug.22

Aiifnixta

»0

723
42
79o

ColunilMiH,

1882.

18S1.

20

1

1,408
1,5H9

AiiguKta, Ua
Atlanta, Oft
.Saviinnah, Ga
Mjicon, Ort

1880.

1870,

7

.

everywhere, and of the moderate temperature throng bout the
summer, early frost might be more than usually harmful a
late autumn is therefore particularly desirable.
(5.) Since the
first of September there have bejn a good many complaints
•coming in, strongly expressed; but what weight should be
given to them it is as yet too early to judge.
Respecting the maturity of the plant, what has been said
clearly indicates the situation.
The crop, take the country as
At some points
a, whole, is one of the latest we have ever had.
where drought has prevailed, the ripening of the little fruit
otherwise, there are very
left has of course been hastened
few exceptions to our statement. Bearing on this point, and as
being useful for future reference, we bring forward our data
with regard to the receipt of first bale and the total receipts to

287

Aug.
Aug.
Aug.
Aug.

2 Aug. 9 Aug. 2
3 Aug. 4 Aug.16
2 Aug.l4 Aug. 14
7 Aug. 9 Julj-31

July 30
Aug. 3
July 30
July 28

Aug. 8 Aug. 8 Aug.l2
Aug.1.5 Aug.
Aug.l2
Aug.lO Aug.
.Vug. 16
Aug.lO Aug.
Aug.1.5

-1833-81.6,341
2,i90
5,142

Receipts at Savan'h. .bales
Keoclpts at Charleston...
Keceipts at New York, &c.
Shipments to Liverpool
from Florida direct
Tot.

-1882-«3. 8,878

2,252
6,812

112

Sea Island crop of Fla.

14,073

18,054

Georgia.
Receipts at Savannah
Receipts at Brun8wick,»to
Dedxict

9,297

—

—

from Florida
Receipts from Charleston

6,341

Re<X!'pt8

—

11,959

45—12 ,004

9,297

8,873

6,341

Tot. Sea Island crop of Ga.

8,878

2.956

3,126

Sonth Carolina.
Receipts at Charloston... 9.397
Receipts at Beaufort
1,608—11,005
Deduct
Receipts from Florida, i&c.
2,590

15,469

2,498-17,9«7

—

FroniTexiis

.Tiuic30iJriIy 7 Aug. S July 30 July 11 July 10 July 29
• Miss. Val. .July 31 July 31 Aug.
8 July 31 Aug.2( Aug. 13 Aug.lO

Slinnepoit

Aug. 8 Aug. 7 Aug.l3 Aug. 3 Aug.

Aug. 7 Aug.20

ilitisisiiimn-

"

•
Vioksburg
9b,i
.... Aug. 9
ColuiubUH
Aug.20
Arl^annan—
Little Koch....
Tfnuesser
NaHliville
Aug. 18
Mcmi)hi8
\ug.l2

Aug. 18 Ang.l4 Aug. 2 Aug.23 Aug.1.5 Aug. 2 9
Aus.27|Aug.21 Aug.l2 Aug.2o Aug.l5 Aug.27

Aug.l4

—

Kentucky —

Sept. 4

Aug.22 Sept. 4

Aug. 14 Aug. 19 Aug.- 8 Aug. 17 Aug.31 Aug.29
Aug.30 Aug. 19 Aug. 6 Sept. 2 Aug.23 Aug.27

Loulavllle

Tot. Sea Island crop of S.C.

|

County County County rountv County Countv
Julv

"9

Julv

."j

Julv 8

(

The

new

cott

m

to September

greater extent in 1881, the speculation

Supply year ending

Bow

Sept. 1, 1831.

Distributed.

Portt of-

1.
In 1880, and to a
and corner in futures

Of vhich
Exported to

\

^

S. Carolina.

Georgia
Florida....

8,41.51
8,424
2,056 2,971
14,073 14,073

124
91

—

\

Total
'

Total l^^i\'i;^Xi Ortnt
«»f*| yet
^^CropAsupply^
{^^ BriVn

liilyj'J

.

arrivals of

•29

distribution of the crop has been as follows.

ountv

DeWitt DeWitt DoWitt DeWitt
Where from i
County County County Count V
DaUan
VHg.l7 Aug. 2 Ang.18 Aug. 9 Aug. 4 Aug. U Aug.lO
• Paxsed
througTNcw Orleans at this date,
t From (korgia.
; ¥To:n .\lab.iuia.
In some respects a better indication as to maturity is the

29

Total Sea Island crop of
the United States
25,441
36.924
' The actual receipts at Gal veston were 94 bags of 111 lbs. each, which
reduced to the average weights of Sea Lsland, makes only 29 bales.

Tejcaa—

Ilo-iston

15,713
'

Tot. 8. Island crop of Tex.

Aag.21 tAug. 8 :A'g.29

Galveston
Fr'mBr'wusv. Jnc30
July 12
First other.
July 17l.Iuly 2 Jiilv 12 Julv 11 Julv 9 Julv 16 Julv 24
l.avacaDcWitt DcWitt D.Wit D.'Witt Oi'Witt Vii'fria
VMiere froui

8,415

Texas.
Reo<;ipts at Galveston

8,300]
2,880;

2,844
1,543

For'gn
Ex-

maxrt, port*-

30 2.874
106 1,649

14,073

Texas .. ..
Now York
Boston .. ..

5,006 1,277

230

28*

Baltimore
PhiladeLJsc

1,4S1

1.431

.

.

Total...

110
24 25.414 25.468

215 25.253 12.166 1.413

7,27«

110
I3..'i79

THE CHRONICLK

288

From the foregoing, we see that the total growth of Sea
Island this year is 35,444 bales; and with the stock at the
beginning of the year (24 bales), we have the following as the
total supply and distribution.
Tills year's crop

bales.

25,441

bales.

25,468

21

BtockSept. 1,1883
Total year's supplj'
BistribiUed as follows:
Exported to foreisn ports

Btcckendotyear

215-13, /94

bales.

,.

bales. 11,674
Leaving for consumption In United gtitcs
thus reach the conclusion that our spinners have taken
of Sea Island cotton this year 11,674 bales, or 1,899 bale3 less
than ia the previous year. The following useful table shows

movement

of

*
8.-

Foreign Exports.

1883-84
188»-«3....

1881-S2
1880-81
18TO-80
18W-79.....
18CT-78
1876-77
1875-76

13.7 ;6

2,052
3,608

8,415
15,715
10,612
14,845
9,000
7,133
6,448

l,B6fi

4,911

1.S13
1,110
1,108
1,260
1.607
4,914
0,226
6,371
8,290
10,015
10,057

4,750
7,400
8,750
13,156
8.755
7,218

5,(184

187tt-71

8,758
9,948
8.708
10,402
11,212
2,428

1868-69.....

1867-68
1866-67
1866-66.....

5|

IJverpool

783.787

Hun

1

Londijn...
Cork, Falm'th. &c.
300,361

R'juen
Bremen...

^^

Sebastou'l
C penb'a-

7,8.34

6.008
4,577
11,001

6,630

25,441
20 86,934
10 88,562
8 38,442
28,704
2 22,903
81)
84,835
20 17,883
771 14,99!
201 17.087
020 10,812
26,289
1,10(1
HOO 18,845
704 21,809
86,507
18,682
21,273
83,288
19,015

11.591
13,139
16.98f'

22,847
14,991
19,841
23,770
15,388
19,707
30,314
ls,0S6

215
84
ISO

11,674

1.418i 13,579
1,892 28.45?
2,453 24,'; 58
4,138 24,805
3,294 17.023
2,212 12.808
8.701 18,295
1,380 13.234
1,346 12,936
1,007 16,048
1,887 18,873
822 23,400
503 15,584
(11
10.905
1.940 24,718
1,851 17,239
152 19,869
393 30,706
145 18,881

18,180
21,606
22.803
20,260
18,729
10,458
12,594
11,805

13,.'>73

14,782
11,870 1,098
0,389 SIO
8<10,365
9,451
127
4,088 1,048
1,015 537
2,192 3S3
.593
2,113
1.533 1.0(17
l,506 .370
(iiti
1.072
(103
1.399
211
i,as8
1,870
l.W
410
1,597
1,100
4«3

Total... 217.S4S 80.424 182.269 4,021 404.062 330.808 31.39.-i 362.001 102,84of "Amenciia Consumption" In this tabic Ineludej burnt in

tW~ The column

the interior ports and the stock on the

first

of September of

Tear ending

1

1SS4.

Tear ending

Shipm'ls.

aiock.

Receipts

Sept.

Sept. 1, 1883.

Towxs.
Ileccipls.

\

Augusta, Ga
Columbus, Ga..

131,400
fr2,581
59,1(18

MacoD, Ga
M'tsomeiy, Ala
Selma, Ala
Memphis, Tenn.

113 45-2
6a,9^6
450,077

Nashville, Temj.

53,92.-1

DaUas, Texas...
Palestme.Texas

42 422

Rome, Ga

6,903
70.547
142,69*
31,814
36,618
21.796
146,185
79.6i7

Charlotte, N. C.
St. Louis, Mo...
Cincinnati, 0. ..

43 231
300.662
308 387

Bhreveport, La.
Vieksbtir^, Miss
Columbus, Miss.
..

Ga
Ga

Atlanta,

5.516

31911

17

95
24,8J4
149.677

96

3Si

21,1971

15,438

80,680

43,261

53,858

58.067

'i,26i

3(5,048

25,506
33,8»8
8,750
3,300
22,715

4.714
1,300

17.025
1.060
5,350

50.580
5.011
20,128

l.SOli
17,818; 45.118;

1,1

50,2l6

1.800

12.097
1.848
165,818
1,750
340.B71
31,444
48,691
8,817
33.817
8.891

2,039

5,017
1.550

8,63-!

2.100

8,894

300

4,801
5,100

14,605

5,4:6

148,307
10,962
63,501
1,590

1,5901

800

Gotten-

—

burK....

Bergen

200

:

900

6,590
1,100

7.490
1,100

Clinsllana

Barcelona
Suntander
Malaga
Corunna..
PasHpes ..
P'ltMah'D

14,7i'5

2.70O
13,404

"eoo

......

1,490
131,134
2,700

650

17,883

8J,'553

"74

13.404

7,606

57,552
1.880
82,877

6-4
900
850
100

BOO

"ioo

Oporto...

Genoa aiid
Naples

sjwa

5 869
1,676

57,5371372.630 278.710

.'BP.Tflft

31.675

.

Trieste...

313

Vera Crnst
Other for-

8,531

s,4or

I

13,826

eign p'rte

5,037

Total.... 1452,980

65«.S41'176,8.51 507.140 8916.579

* Exports from Charleston include from Poiii Uoyal to Liverpool, S,(J40 bales
and to Bremen, 2.530 bales.
+ "Other Ports" include the followinfr slii)jments:
From Wiliuinsrton. 30,181 bales to Liverpool. 4,833 to Queenstown or' Falmouth. 1.800 to Bremen and 8,03n to Airisterdam.

1,518

463.3111

7

450

43.321
3.732

31

3C6 760 2.13?

104,001
117,021
39,361
44,980

154
117
578
35

24,486!
139,3361 3.342
83,387!
191
55.0701
l(i0
4fil,0.-'4i 4,588
511
382,630,

13,16:. 2,635,314 2,659,565 34,771

23,659
52,039

23,6431

21

2t!,124

25.2.50

new towns

699,700

710,095

21

3"0

52,631

1,780

37.654
714,973

4,050

911,363

934,473 11,385

60
237

EXOffANOB A.TL0ND01T- Aug.
On-

Tvmt.

2i).\

3 inos. 121>4

iiiisterdam

DaU.

»12-4%

I2214 «12-3i4
20-36 4 20-60
20-56 ®20P.O
Berlin
*'
20-56 •a20-eo
Frankfort...
'*
Vienna
12-35 ® 12-40
•*
12-35 »12-40
Trieste
"
25-10 ®25-43
Aniworp
tt
St. Petersb'g
23-'aa24
Paris
Checks 25-16i4a25-2li4!
Paris
3 moB. 25-35 8 35-10
*mster('.»ni

Sisht.

Hamburg

3

. .

JBXOBANaE oy LOWnON.
Latest

Rait.

ni^is.

1

'

-

1

1,122
28,612| 4,310
53.6991
3-9
38,2481 1,012
712,390 7,201

l,5si

to Seb.Vitopol

Time.

Rate.

Kag. 29 Short.

1211%

Aug. 29 3 mos.
•*
Aug. 29
Au,i,'. 29 Short
•'
Aujf. 29

20-30
20-40
20-39
12-16

Aug. 29 Short.
i9 3 mos.

25-17
25-18 "fl

Aug. 29 3

47-50

j

2'

32,474
513,616

.3,420

RATES OF EXCHANGE AT LONDON AND ON LONDON
AT LATEST DATES.

3,6.-9

350

Ark
Brenham, Tex..
Houston, Texas

55(1
5(1,90(1

383,131

Nortolk. 332.703 bales to Liverpool, 8,804 to Itoval,
0,274 to Barcelona.

3,726
2,291

15.6,=3

83,581
18,007
37,279
51.229
33.279
521.037

34

56,570! 2.582
133,6151 1,674
107,0 6 1,501
503,913 8,481
893
45,2~2i
47,920i
235
24,7381
25

1070

44

79,71(

178,716
llc,379

58,082
135.017!
108,117:
510,789!
45,498i
48,157;

and

From West i'olnt. 8,850 bales to Ijiverpool,
From Newport News, 83,279 bales to Liverpool.
From Boston. 180,824 bales to Liverpool and 6,037 to other foreiiin port^.
From Phlliidelphiu, 107.080 bales to Liverpool and :(.B38 to Antwerp.
From San Fnmclsco. 1.905 bale.s to Liverpool and 257 to London.
From Florida, .^.751 bales to Liverpool.
From Portland, Mo., 2,350 biUos to Liverpool.

Shipni'ts.\ Slock.

181,566!
112.251'

24,760
107,503
117,085
39,432
45,335
24,514
141,738
83,578
55,177

4S(i

37,'

15.683
33.631
16.906

Little Roclr,

31G
382
344
834
309

134,750
84,493
61,346
114,292
71,121
453.012
54.440
42.677
6,928
73,7^0
142,8r4

towns 2,194,410 2,216,016

Newbei-n', 8. C.
Raleigh, N. C...
Petersburg, Va.
LouisviUe, Ky..

32,8201
54,07«l

2.894.170 2,926,111 17.215 3,620,709 3,591,038' 19,150

Tot.il, all

100

84,766

1,750

118.027
1.158

Totca

I

1.800'

Stettin...

From

at

each year.

Tot.,

+
Other
Ports.

.

Movement of Cotton at the Interior Ports.
Below we give the total receipts and shipments of cotton

Total, old

more.

1,048

—

Havre

BaUl-

1

I

6,465

Glasgow..

Ruval
Cronst.Ac

the United ata.cs.

Griffin,

Xcie
York.

I

161.346 473.879 116.988 528,559 2470,819
26.879
20,879
133
257
380

Pi

1

EufaiUa, Ala.

.

k-en

2,S56
3,120
6,040
3.170

1871-72

1889-70

Una.

14,073
18,054
21,842
18,410
13,818
14,730
11.814
8.060
8,313
8,825
10.7B4

Total
Brit'n. nent. fxport^

..;.

\Galves- Ciiar- iSavanOrleans, ifobile.] ton.
leston.] nail.

Ghent

s3

Great Conttr

r;.

Kelt'

!

R

j

Tex-

SouO.

3,4-20

m

years.

Antwerp..

11

Season.
gia.

Similar statements will be found in all our previous crop reviews, and a comparison as to the extent of the
total movement to each iiort can therefore be made with back

HumbufK.
Amst'd'm

Sea Islands since the war.

Crop.

Florida.

have taken.

13.579

We

the cro'DS and

Below we give a detailed statement of the year's exports
from each port, showing the direction which these shipments

Tobales.

XXXIX.

[Vol.

Genoa
Madrid
Cadiz
Alexandria..
Constant'ple

Bombav

....

Oalontta

..

Hone Kong.

*'

:5-13%a25-18%i

**

46».o®1611i8
4658 a 16%

i<

....

.

30 days

Is

.\Uj,'.

luos.

...

.
1

"

7i,(l.

Is. 7,6d.

....

Shanghai...

Aug. 29 3 nios.
Aug. 29
Aug. 2ft 4 mos.
Aug. 29

Is. 77,63.
Is. 77, ,d.
3s. S^sd.
6s. l%d.

The shipments

in this statement include amounts taken from
these interior towns for home consumption and amouats burnt.

Exports.
In the first table given in this report will be found the
foreign exports the past year from each port to Great Britain,
France and other ports, stated separately, as wall ai the totals
to all the ports. In the following we give the total foreii-n
exports for six years for comparison.
TOTAL EXI-ORTS OF COTTON TO FORKIOV PORTS FOR SIX YEABS.
Exports (bales)

From-

Texas
Florida

1880.

.

Virclnia

.

New York
Boston...
Philadel
Baltim're
P'tlnd.Me
Ban Fran.

is

the business in progress of late has been of a very unimportant
character.

1882.

1883.

The

conflict

between France and China has caused

the value of tea to rise about IJ^d. per

lb.,

but beyond this

nothing has transpired to influence the general condition of

Foreign Forts for Tear Ending Aug. 31.
1S81.

30, 1884.

usual during a month -when there are so many absentees

1884.

There

is,

in fact,

no

enterprise, either in

commercial

and up to the present time the favorable
European harvests have exercised no material influence. And
yet it must be borne in mind that had the harvest not been so
satisfactory, there would have been much despondency.
or financial circles,

,243,746
123,214

379,266
461,904
333,8 7
17,033
68,011
1

No. Car..

London, Saturday, Aug.

As

things.

1879.

N.Orl'ns.
Mobile...
Bo. Car...
Georgia..

to

[From our own oorrespondent.J

,441,941 1,633, 615 1,178,61

111,687
314.771
421,092
301,874

596

116, 263
479, 748
507, 913
488, 758
72.-1

46,366
316,790
338,623
263,447
4.71 6
63,833

35,7^3

69, 810

203,536
370,847
121,470
26,339
93,203

257,06-1
6.50,826
133,11.2

328, 818
600, 351
134, 62-

41,593
122,073

74, 112
157, 911

644,588
1^8,988
90.911
155,752

127

215

1,567

596

331.-.17

1,603,947 1.45?,980
43,290
57,337

372,973
419,000
526,372
862
.57,762

401,713
777,528
186,592
104,48
248,128
'

1,06'.

273,710
359,799
372,620
3,751
47,242
274,510
6.36,541
123,- 6
(

1 ,2'i4
176,-'5.'

1 1

2,330
2 16j

Tot. from
U.Stat. s 3.467.5K5 3 8^5.621 4.596.279 :'.515.03i 4.745.700
3.91 6..579

We have had a remarkable summer, and the heat has been
We had a very mUd winter, with but little rain, and the

great.

agricultural prospect was always regarded as very encouraging.
The prolonged drought, however, interfered very much with
jhe spring-sown crops, and had there been no rains in July, our
pastures

and spring-sown crops would have suffered

greatly.

Si

Tho

i'I

I

rniii C/imuxNiuijii

MREit 18, 1884.J

yiold of prodiico of all sorts

tory, farmers having
Keems to liove fiiii.shoil up

ZM»
PHuaf

nevertholess veiy RatisfacTlio hot season

is

a very vigorous mannor.
Tlio lieat was groat, but witliin twelve hours tho temperature foil twenty degress, and during tho week Just closiiiK
wo liavp had more agreeable weather. Rain is falling somewhat generally, which will lie of immense benefit to tho pastures and to tlio root crops. ICvidently wo aro highly favored,
hut farmers naturally complain that prices are very unremu-

Sunday

last

As
some

money market

far as tho

concerned there has been

is

movement. There aro but few bills in tlio
discomit market, and it is evident that, notwithstanding tho
chejipnoss of most descriptions of goods, very little desire is
Khown to embark in commercial enterprise in any extensive
way. Tho war in China has almost completely checked for a
time our trade in that direction, and the Egyptian affair isako
retrogra<lo

a source of anxiety. It is true that the (toverninent is preparing an expedition, but the community has been so greatly
disappointed regarding Egyptian expeditions that they have
no alternativo biit to await results. The}'ear is now liecoming
somewhat advanced, and the indications are not at present
very encouraging. To trade witli great caution seems to bo
the correct policy to pursue,
The following are the quotations for money and tho interest
allowed by tho discount houses to-day and same day of the
previous five weeks
Open market
'.

Int-erett

rates.

1

Sor

Bank BUU.

Trade

Bilft.

ailowei
by

ilejioaits

'^"''^^"
Joint

Zromlon

l

At 7 (a 14
Four
Three
Four
Six
Three
Siae
Stock
Mortths MonthsiMontht MonthstMonths MontJiA Banks.lCail. Dayt.
I

ini

-

IS 2

i5«»
!'«»

22 2
29! 3

ms: - '.«a
i.^'a -in<a

Joir 23 2

Aug. l| 8
"
a 2
"
"

"

IM'.*

®

-,2

-'lM32

l«»-l«a-2 a-:i«®2
-

«?ia
a

-

2)4«

9 —»WA
-

25»3

-.2'<<»

-8 «

—yi

<a

jlM-9i'4'2H®!i

H-H

|l«»8^f2X®3

H- «
H- H
H- H

«2>» a & ®2>i 3 ® »s« z <»@8>^::i4®3

-;2
—:i

-a @ -2
-a a -'2

-I
-1

I

1

The following return shows the present

Bank

position of the
rate of discount, the price of

Bank

of England, the

consols, the average quotation for English wheat, the price of

middling upland cotton, of No. 40 mule twist, fair 2d quality,
and tho Clearing House return for the past week, compared
with previous years
1881.

1832.

1893.

A

£

£

Clroulatlon, exclud'g
Bank post bills
2l?,6S8.2P5
Public deposits
r^.l?,2.037

Res've of notes Jt coin 12,579,006
Coin and bullion in
both departments.. 23,517,301
ProiMjrt'n of reserve
ta lialiiliiica
39?4
4 p. c.
Consols
9S'8
Eni?. wlieat, av. price

£

r3.!64..'>32

2J.OiiO,577

11,082,631
21,315,997
13,915,617

13.577.763
20,919,054
13,439,951

21,781,526 23,375,597

23,181.239

11,138,781

39»8

4

4 p.

p. 0.

99^

100

7 lad.

S-'Ssd,

No. 40 mule twist
lOUd.
lOU.L
CleartUij-Uouaeret'n. 137.8 37,000 110,S7J,00j

84,931,000

The Bank

43». Sd.

and open market
now and for the previous

rate of discount

chief Continental cities

4d

3oH,

61,^(1.

i^l.

9^<1

83,5S6,0b0
rates at the
tliree

Pries a/ Maer.

I

81.

<r

7.

OH

weeks

9

77

4.

U

71

77 Vfii

la«6Krs.Kold..ot.

SIM

Cake alWer, ...Of.
Mexican dots. ..ot.

,MM

Tenders for £1,000,000 Nottin/;ham three per cent stock
wore received at the Bank of England yesterday, and the applications amounted to £l,4.'5."),!WO, at prices varying from
.C87 lOs. down to £8-7, tho minimum.
Tenders at tBo Os. M.
will receive about 33 per cent of the amount applied for, and
those above tliat price will neceiro full allotments. The
average price obtained was £85 4s. 2d.'
Municipal borrowing seems to be increasing. The corporation of Leicester now require a small amount, about j£140,000. Tho price of issue is £99 per cent for a 3^ per cent stodk.
Tho wheat trade has Iteen very dull. Tlie quantity of new
produce coming to market is not at present extensive, but the
samples are good and are readily marketable. Very few harvests ,
show an improvement upon this. We sluill, however, require ,^
large supplies from abroad, as production is much below oar*'
requirements. That we shall obtain what wo require on easy
terms is not to be doubted. The top price of fine English white
wheat is only 408. per quarter. The quantity of- wheat and
flour on passage to this country is estimated at 1,943,000
quarters, showing a slight increase over last week. Of Indian
corn it is 330,000 quarters, against 131,000 quarters last year.
Last Saturday completed the 53 weeks of the season. We are
therefore enabled to give an estimate of the quantity of cereal
produce available for consumption during the twelve months,
e
with other statistical information.
DIPOKTS.

Wheat

1883-84.
owt. 39,281,623

Bailey

11„-.18,0<J8

<iat,s

9,192,298
1,252,629
1,927,420
19.e03,772
11,097,755

Peas
Boans
Indian corn
Flour

1882-83.
1881-82.
1880-81.
67.332.627 59,224,K/,9 56,9,i4,251
15,521,378 13,091,83) 10,52.5,472
15,753,931 11,714,518 10,889,930
2,16ii.971
2,071,149
2.301,.920
269,t;97
3,223,414
2,3 13.500
21,737,435 23,167,311 37,686,584
16,493,914 10,019,825 12.C9J,636

Supphes available for consumption
tember 1 not included.

(53 weeks), stocks Sep-

1882 83.

1881-82.

67.332,627
16,193,911

6»,-:!24,859

11,097,755

10,019,fe25

1880-31.
56,951,251
12,000,636

40,638,230

44.841,600

32,154,800

28,317,020

T\)tal....
91,067,610 128,068,141 101,429,484
Av'ge price of English
wheat for soason.qrs. 388. 7d.
4l8. lOd.
46s. lid.
Visible supply of wheat
In thoU. S
bush. 18 700,000 18,750,000 15,100,000

97,391,907

1

88.3-84.

frnportsof wheat, cwt.39,28 1,625

(mports of flour

home-grown

The following

table

shows the

Kt

21.

Aufjust 14.

August

7.

results of this year's harvests

100 is

«1

supposed to represent an average harvest
Wheat.

103
104

Austria

Hungary

Prussia
97
,
.,
.'
.'. 110
Saxiuiy
;
Bava'ia, Franc raiar;..",...'*. ..;..;..'.,.T. .'...."107
.'

/lavnria,

Upncr and LoWer

Bavaria, Palatinate

105

.'i'...i

"...,.;.........
.....V.. ;......

Baden

j...'.'

summer wheat

90
90
99
93

Hue. Barley, Oals,

101'

9;l'
'

98
96
95

.

103
100
100

101

H3

100
H5
ro
8>

mo

105
100

iVo
105

......10.5

1<,5

I'cuniark

Norway aud Sweden
InterMt at

44s. Od.

17,000,000

in all countries, as they figure in the official reports.

Wnrtiiuberif,

St 2S.

SOX

OhUlandols.....oa.

tr.B.ffold coin. ..01
0«r. tfniil coin. ..ox

Mecklenburg
Augt

tm

BarallTer.flDC.os,

Bar •llrer.oontaln-

Wuiieinbers, winter wheat

have been as follows:

Aaj. 81

AiMI.9i

P. r

loa^

d

3,

478. lOd.

615, „d.

.

2

r.

51.1. 10,1.

Mid. Upland cotton

4f8

47'a

d.

n

P(oduce

23,791,285

4.217.17.5
2.1.991.033
12.t5.5,154
22.7(19.691

Bar sold. an*. ...01
Bar (old, contaln's
so dwt«. •llTar..oi.
8p«D. donbloons.ox,
B.Am.doabloons.oc.

galea of

18,34.

25.709.0S0

26,H9?.74.'i

Other <lepo8it8
2(i.i441,242
Govenim't securities. lt.0G3.t>49
Other scciiritiea
22.(i(i0.904

:

in

nerative.

CM*.
Auf.

Bcciircd full Bupplioc.

105
120

107
ioj
so
102
66

107
106
100
115
lis
.3.-5

SS
IOJ
93

i05
60
102
65
60
80
60
80
95

78
SO
60
100
...
....
~9
Parts
a
80
70
a
~sh'
Switzerland
80
60
00
Berlin
4
4
4
2>4
4
2H
2K
Holland
95
95
98
Frarkfort.
2«
France
95
80
Uunbnri;
z
2H
Great Britain and Ireland
98
94
105
Amsterdam
3
8
2«
Kiissia. Esihlaid
3
sn
2M
80
85
90
Brussels
Rus.sia, Central
3
8
103
65
05
SM
85
2«
8
"H
Russia, Po lolia
HO
110
Madrtd
100
70
5
5
S
B
B
B
Russia. Besearalila. Noithern
130
125 135
150
4
4
8«
SH
4
Russia. Bessarabia. Soul hern
25
Bt. Peterabarg.
s
S
6
e
•
95 103
•
«
Russia, Cherson and Zckatenioi-law win. wheat 100
"bo
Copenhagen
4
4
4
4
4
4
4
Russia, Cherson & Zekatemoslaw summer
wheat
85
In reference to the state of the bullion market during Ru^si.a,
95
Northern
90 'so
di
Russia, Poland
115 110
the past week, Messrs. Pixley & Abell observe:
10-.
Rouinania, Moldavia
123
115
100
Gold —All the amounts to band since our last have been talccn in for Roumaula,
60
62
69
63
cxpoit Tho Bank has sold *'>0.i>O0 In sovereiKua for r.i.slion. The Koumania, Covurlin and Tutova
100
60
42
"Bolivar" broiigiit *S ',000 from South Anieiina; thH ••WasliinKtou" Roumaula, Les-er
Doljin, Olt, Romauatz districts
112
100
122
102
£15.000, the "Don" £ 17,000 from We»t Indies. The "Ilvdaspos" takes R'lumauia, Arges district
100
100 110
12i>
£10,00(1 to Bombay, th« "Bokhara" £lO,OOu to Calcutta aud the "ParRouinania, Vlaxa
110
»..,.....
, 35
raniatia" £20.000 to Calcutta.
Scrvla
150
140
110
105
....w
SilViT.—Tho arrivals t-x " Don" were placed at .50^d. The "Htv of
EKypt
too
Clic.stor" bruujrht £>0,000 from New York, the •M>on" £iO."00 from
West Indies. The "Hydaspes" t.ikcs £i 29.000 ta Boinbaj, the "8 ikIndia is estimated to have produced 80 per cent of last year's
hara" £80,000 to Caluntta and the "PiUTamatta" £10,000 to Bombay
harvest.
and £ iO.OOO to Ilonj; Konr.
Mexican dollars have declined In valun. and those arrived by the
EnEllsU market Report^Per Cable.
"Don" vvore placed a' 50d. per 07. The. "Don" hrouvht £170.000 from
West Inilies. The 'Prraniatta" took £113,703 to Penaug, £20,000 to
The daily closing quotations for secuntiee, &c., at London,
eingaporo and £15,000 to Hung Kong.
and for breadstuffs and provisions at Liverpool, are reported
The quotations for bullion are reported as follows:
by cable as follows for the week ending Sept. 12:

Bank Open
BaU. Market

Bank

Open

Bank

Open

Bon*

Sate.

Market

Rate.

Market

Rate.

~m'

~«"

Open
Market

m

m

Italy, .Soutliern
Italy, Northern
Iialy, Eafitc n
Italy. Central

^....

...^...

,.,.,........,
'....'...j;.

;.

'

THE CHRONICLK

290
London,

Hon.

Sat.

—

4H«i
He's

16^
1:9

miiiols Central

PennsylvaDia

57%

Rtiladelplilaii Reading

13'8

Hew York Central

106

13%

13%

13%

10438

i;04i4

1051s

Tues.

Wed.

coin.

U. S. SCb-Tp.easury.— The following table shows the reoeipts
and payments at the Sub-Treasury in this city, as well as the
balances in the same, for each day of the past week
:

Balani^e^.

105

538

Thurs.

Fri.

••

835.335 97
1,S17,177 35
965,312 65
1,093.82-1 8^
973,(14 4 OS
1,200,355 93

S.
9.

•'

Wlcnx

d.

«.

d.

».

d.

10

9

10

9

10

8

7

8

6

6

6

7
7

8
6

9
9
7

8

9

8

9

8

O

6
7

9

6

9

9
6

4

7

4

7

d.

d.

t.

9

10

8 7
6 9

8

"
"

9

8

9

••

7
7
5

5

7
7

5
1

7

5
5

6

5
5

6
2

69
48
80
39

O

"

Wliest, No. 1, -wli.
bpring. No. 2, n.
Winter, South, u
Winter, West., n
Cal., Ko. 1
CbI., No. 2
Com, mijc, oi<l
tXitn, mix., new..

«.

9
7
9

I.

10

(ex. 8tate).10O lb.

"

"
"

6

1

6
"
5 i
o
69
bbl
JPork, West, mess..^
48 6
EtMffll, long clear
tc
SO
Eeef, pr. mess, new,^
Laid, prime West. 9 cwt 39
"""
150 6
ne. .^m- choice
. . .

3Hi

69
4S 6
SO
38 9
50 G

-

"
"

10.
11.
12.

"

8

6,965,054 S6i

Total...

9
4

*

5

6

69
48"
80

~

169
18

P17,813 57 123,633,332 62 10.876.636 91
8.15.039 11 129.047.5 <4 27 i:,4H,513 47
79-J.567 21
- 129.339,581 71 11, '295,27 1 45
i

871 213 12 12 ',-<21,835 90 11,032.632 96
*1.3 13,032 S5I1211, 659,972 60 U),S'!7,50
l,0,84,53i 89 129.952.151 95 10,651.144
i

:)8

6

80
39
51

51

87
56

5,904 234 90'

Includes $307,000 jrold cenlfluates taken out of cash.

—

Lnke, Canal ami Railroad Frcl^iit Rate-". The rates of
freight have steadily diminished. Mr. Nimmo, of the Bureau
of Statistics, gives the average cost in cents of carrying a
bushel of wheat from Chicago to Now York each year, from
1868 to 1883, by three different modes of conveyance lake and
canal, lake and rail and all raU:

6

—

6

Sy

By Lnke and

©0mmcrciaX anil ^iscelXuncaus '^cxas
"ilATiONAL Banks. — The following national banks have lately
3,244 -Itc People's National Bank of Sandy

Hill, N. Y.
CapitaUrias G. Paris, Piesideiit no Caf hicr.
of
Salem,
Capital,
Bank
N.Y.
$50,000.
National
3,243—The People's
LoiiScm Frascr, President ; Bnbeit M. Sterensin, Cashier.
3,246—The Boulder National Bank, Bi>a!d-r, Col. Capital. $.5 0,000.
Herliert N. Bradley, President Charles L. Spencer. Cashier.
3,247-The Hallowell National Bank, Halluwell, Mi. Capital, $50,000.
John Graves, President A. D. Kuight, Cashier.
;

;

;

—

Imports .vnd Exports fob the Week. The imports of last
week, compared with those of the preceding week, show a
decrease in dry goods and an increase in general merchandise.
The total imports were $7,965,183, against $8,383,119 the pre-ceding week and $7,883,171 two weeks previous. The exports
for the week ended Sept. 9 an-ounted to $6,683,377, against
The
.$5,94.5,163 last week and $6,899,408 two weeks previous.
following are the imports at New York for the week ending
week
dry
goods)
and
for
the
ending
(for
general
Sept.
itar
4,

,

42-6
35-1
33-3
31-0

250
2J0
250

19-2
14-2
11-4
H-7

101
13-0
13-2
8-66

2^-0
V6 9
16 9
14-6
11-8

28 7

15-8

20 3

11-4
13 3

17-7
17-3
19-7
14-4
11-6
18-1

33 5
3:'.-2

24-1
16-5

157
10 4

87
916

all

kail.

29-0

260

Florida Railway

Bu

Lal;e
aiid Rail.

Canal.
25-3
24-1
17-5
21-6

rears.

1868
1869
1S70
1871
1872
1873
1874
1875
1876
1877
1878
1879
1880
1881
1882
1^83 (Jan. to Nov.).

been organized:

1(1-9

120

—

& NaTigatlon

Co. It is announced that
control of the Do Bary-Baya
steamboat line, which is operated extensively in Florida
waters. The steamboat line will be continued under the
organization of the De Bary-Ba3-a line, and will have a fleet
of 17 vessels, four running between Fernandina and Savannah,
and the remaining 13 on the St. John's River. The arrange-

company has acquired

this

mercbaadise) Sept. 5; also totaJa since the beginning of the
£i8t week in January:
FOKBiaM IMPOBTB AT

Currency.

7

151

$.50,000.

Coin.

$
Sept. 6.

3ton.

Sat.

Liverpool.

Payments.

Receipts.

Dale.

14
1.

XXXIX.

Of the above imports for the week in 1884, $15,570 were
American gold coin and •$"). 910 American silver coin. Of the
exports during the same time, $4,800 were American silver

Fri.

i

£0%
50%
50"]e 5011 18 501118
101 'la
1013i8 1013,8 io;5i8 101 14
101>« 101 1-4
ion„i 10138 101 9i„
78-97ia 78971a 78-70
78-771S 78-87ia
II5I8
115
115
115
i;5
1231-2
X 12234 123
12818
1231^
46
4638
4C38
4618
46
81I4
8lj58
S7\
86=8
87%
1538
I6I4
1638
I6I4
U.H
129
12-% 128% 129
57I3
.>7i«
57i«
57%

d. ..0%
peroz
lOCI~s
OaBBOiBforiuonuy
li.H
Cdneols for aoconnt.
79-00
f
Fi'eh rente* (iu Paris)
115
U. 8. 4>«e of l'<91
123Js
O. 8. 48 of 1907

flitror,

Oinadlau Piicitio
Chic MU. & St. Paul....
Crie, oonimon stock

Thurt.

Wed.

Tuei.

I

[Vol.

it is expected will work advantageously for both parties,
doing away practically with all competition. Railroad

ment

HBW TOBK.

Bazette,
•

Week.

1881.

1882.

$2,645, SOO
6,433,07.5

$2,986,264
7,228,570

$9,078,635
$79,-538,095

l>ty goods
iiea'l mer'dise
Total
Since Jan.

T"t«>l

1884.

—

$2,551,682
5,905,861

$2,438,842
5,526,340

$10,211,834

$9,457,546

»7,965,182

$96,404,459
256,053,209

$89,460,250
231,356,027

1.

Ory goods
'Qeii'l

1883.

mer'dise.

222,6 .>5,658

S6 weeks. $302,193,753 $352,457.66^ J320.816.277 $303.785.32

.:;

In oar 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
epecie) from the port of New York to foreign ports for the
Vdek ending Sept. 9, 1884, and from January 1 to date:
EXPOBTB FBOX NSW TORK FOB THB WEBB.
1881.

ftethe week...
Pctnr. reported.

1882.

$7,047,356
260,395,514

1883.

$6,060,613
225.850,703

The following

$6,197,157
241,002,506

$6,683,277
212,460,129

shows the exports and imports of specie
for the week ending Sept. 6, and
1884, and for the corresponding periods in

table

BXPOBTB AND IMPOBTS OP 8PE0IB AT

;

capital paid up, $300,000.
casli, real estate,

Assets in Becurities.

&e

$122,502

Lidbiti'u^s—

Claims in course of payment

$t,58t
Sundries, inelud'g cost of collecting outstanding prems. 2,000

$6,584

New York
1,

$668,600

1884.

Total 36 weeks. $267,442,900 $232.511,316 $247,199,063 $219,143,40.

at the port of
einoe January
J883 and 1882:

The large number of frauds and defalcations by cashiers,
and other persons in positions of trust, leads officers of corporations and members of large firms to look about for some
simple and efiicient method of protecting themselves against
the dishonesty of employes. No other plan appears to be more
simple, nor any as satisfactory, as the security furnished by a
guarantee company. The first of these companies established
in this country was the Guarantee Company of North America,
with its head office at Montreal, of 5vhich Sir Alexander T.
Gait is President. The Company's t^venty-third semi-annual
statement to 30th June, 1884, showed capital subscribed,

Net assets
Reserved iu hand for unearned premiums on risks

in forcse

$340,918
300,000

Surplus to insured
Capital paid up

Net surplus to shareholders, after providing for
and reserves

The

office of this

way, and

NEW TOBK.

$115,918
75,000

-the

all liabilities

$10,918

in New York is at No. 178 Broaddirectors are Messrs. Joseph W.

Company

New York

A. L. Hopkins, H. Victor Newcomb, John Paton,
Daniel Torrance, Edw. F. Winslow, Erastus Wiman. Further
particulars of the business may be obtained from the Company's card in the advertising columns of the Chronicle.
Drexel,

Export*.

Importi.

Gold.

ereMi Britain
Franop

Qemiany

Week.

SineeJan.l.

$

$26,469,770
4,352,824
1,658,920
3,885.914
7.800
758,774
763,662

..,,...

Went Indies
Mexico
8011th

America

All other oountries.

.

T«t«l 1884
Total 1883
Total 1882

$
25,000

$37,897,664
359.168
33,642,734

Week.

$2,000
63,265
15,442
.

...

23,35?
19,300

Since Jan.l

$3,294,150
2,395,035
1,841.028
2,389,552
7.960
207,833
25,600

$123,364 $10,161.13-*
25,096
6,909,781
24,292
738,291

Silver.

$264,400
29,280

Vnnoe

ClermaDv...

West Indies

Total 1884
Total 1883
Total 1882

called to the list of bank, gas and other local
by Mr. J. P. Wintringham, 36 Pine Street,
as noticed on our sixth advertising page this week. These
quotations are stated to represent actual holdings, and parties
desiring to make investments from first hands should call and
examine the matter for themselves.
is

—

Anction Sales. The following, seldom or never sold at the
Stock Exchange, were sold at auction this week by Messrs.
Adrian H. MuUer Sc Son
:

4h«at Britain

Mexico
Booth America
All oOer eoun tries.

— Attention

securities, offered

9,i'77
.

$302,''57

425,590
107.000

»8,.525,574

$

$2,285

6118.220

813

130,245
38,691
201,817
58,873
83,990

46.690

*9,744,419
10,295,406
H,907,.?3«

27,676

682,1-23

10',39S

1,74S,97
187.392
32,715
'

$38,269
199,601
6,256

$2,700,918
3,556.510
l,f-69,924

Shares.

138
S3 Oriental Bank
17 Jefferson Fire Ins. Co. ...120
100 Quicksilver Mining Co.,
26>2

pref

50

New York

Mutual Gas-

9«

125
light Co
60 Marine National Bank, .for $6
Bonds.
$26,760 Southern Telegraph
Co., 1st, 6s

Bonds.
$10,000 Toledo Cin. & St. L.
RR., 1st, 68, July, 1883,
ooui>on8 on
$10,000 Havana Gaslight Co.,

$10,000

&

Eli7,aiietU City
NorRR. Co, 1st, 69....

folk

$2,000 Quliioy
1st,

16

7s

&

10%
85

50

Toledo BE.,

90

Seftkmbek

1884

18,

ghe

THE CHttONICLE

J

f^unktvs' (gazette.

OITIDBND8.
The foUowlDK dtvldendu have recently been annonnoe<1
11

Kami of Oompann.

Cent.

Payable.

>okt OKnta.
inclutive. )

The following were the rates of domestic exchange on Ncjw
York at tlio under-mentioned cities to-day: SavanniMt, buyirv;
ip discount, selling!/^ discount® par; Charleston, buying 3-16^
4 discount, selling par; Boston, 20(i225 premium; New Orleont^
commercial 50(^75 discount; bank nominal; St. Louis, VS
premium; Chicago, par.
The posted rates or leading bankers are as follows :
September 12.

Sioux City

Lnhixli Viillvy

MuulKtttan
Mtssoiiii

c'.>iihi>I.

l'..elflc

New York
New York

1>«

2

('iii»r.)

Central
l.iii'k

stock

l>a

t'l'iar.)

1%

(i|iiiir.)

A

>V

Hiid. (qiiar.)

West, (quar

I'll

1'4

)

Oct.
Oct.
Oct.
Oct.
Oct.
Oct.

Iti

1 to Oct.

Oct.

1<!

15 Sept. 19 to
Sept. 21 to Oct. 1
SepC 21 to Got. 2
15 Sept. 1« to Oct. 19
1 Sept. 16 to Sept. 30
1

1

mixcellaneoua.

1% Oct. 15 Sept. 21 to Got. 8
HBW YORK. KKIUAV. SEPT. l!l, 18M4-S P. M.
The Honey Market and Ftnaucial Sltnatlon. The highest

Western Union

rijiiar.)

—

range of Htninut's thermometer for nine days ending with
September 11, and the number of sliares sold at the New
York .Stock Exchange each day, form no uninteresting record,
compared with the same days of last year
:

r/ier-

1384.
Shaves

moineter.

Sept.

3

M

"

5

"

6
7

92
94
D2

"
"

"
"
"

91
92
04
95
92

8
9
10
11

1883.
Ther-

sold.

mottiefer.

sill.

177.245
180,108

71
75

321,l;j«

3o9,2.33
203,.o46
tiundav.

74
7d
81
72
68
68
63

157,514
8'j,502

141,292
102 923

3:!'i.»37
.'189,055

4^7,600
53H,10l
447,314
Sunday.
435,157
339,924

There has been a strong contrast between the weather preand last year,
which has had much to do with the business situation. It will
be remembered that the first killing frost which cut short the
com crop of 1883 occurred on the 8th of September, and for
a number of days prior to the 8th the temperature was so
low that the crop made little progress toward maturity. This
year all is different, and during eight consecutive days, from
the 4th to the 11th, inclusive, the thermometer rose each day to
On the other hand, the heat, which ha.s been
92, or higher.
80 promising for the future of com, was destructive to business activity for the time being, and transactions at the
Stock Boai'd were reduced to a minimum; in this, also, last
year was far different, as the driving of the famous golden spike
on the Northern Pacific took place on Sept. 8, and there came,
to say the least, a decided animation in our stock market,
although it was animation of that sort which many would
have been glad to avoid.
The wheat crop is now estimated by the Agricultural Bureau
to be .500,000,000 bushels, and corn (the largest crop ever
vailing in the early part of September this year

estimated at 1,800,000,000 bushels, and these crops,
now current, can hardly help
fiving a feeling of prosperity in the agricultural districts.
he_v show, too, how much more important is the corn crop
than any other of the cereals, although it is to be remembered
that new corn moves hardly at all before December, and the
benefit to the railroads and commission men must come mainly
after that date
Rates for call loans during the week on stock and bond collaterals have ranged at 1 to 4 per cent, and to-day at 13^(ai2
per cent. Prime commercial paper is quoted .nt .')@6 per cent.
The Bank of England weekly statement on Thursday showed
a loss in specie of £157,331, and the percentage of reserve to
liabilities was iH}^, against 44'^ last week
the discount rate
remains at 3 per cent. The Bank of France lost 2,506,000
francs in gold and 2,718,000 francs in silver.
The New York Clearing-House banks, in their statement of
Sept. 6, showed a decre;use in surplus reserve of $1,571,475,
the total surplus being ?39,538,900, against $31,100,375 the
previous week.
The following table shows the changes from the previous
week and a comparison with the two preceding years in the
averaices of the New York Clearing House banks.
raised)

is

even with the mixlerate prices

;

1884.
Sf2>l. 6.

tHtfer'nces fr'm
I'rerioua ire«t.

1883.
Sept. 8.

Loans and (lis. $289,347,300 tnc.$l,4fj4,100 $327,590,300 $329,907, 70'
75,706,000 I)i
58, '.23. 6001
.M.s.sa.io
210,500
Circnlation-..
14,27.^.1 DO )e,o.
lS,3i;0,7(i"
80.300
l.'.,54",70<
Net ilei>08ita.. 304.563.6J(; Inc.
411,500 314.-)92,400. 303.1 •<7,.')0.
Legal tenders.
2H,963,8''0 Doc. 1,253,100
24,682,000
22,361,500
Legal reserve $7C,140,nOP Inc. $102,875 $78,723,100 $75,7116,87."Kescrve held. 10j,669,800 Doc. 1,468.000
73,914,600
83,210.600

Specie

I

anrplua

829,528,;tOO lJee.|;1.571.475

48$4,48~,500df.$l.l^8^.27.'

Excliange.^-Foreign bills have been in light demand and
rates for sterling declined about 3^ cent in the week. Commercial bills are not reported in large supply, but as the sea.son
of heavier produce shipments is near at hand, some bills may
be drawn in anticipation of shipments.
To-day the rates on actual business were as follows, viz.:
Bankers' GO days sterling, 4 82;!4@4 83; demand, 4 84^^:®
4 85.
Cables, 4 85) 4 (a 4 851^.
Commercial bills were 4 81@
4 81^.
Continental bills were: Francs, 5 21'^@5 21Ji and
5 m:ii^5 19^^; reicbmarks, 9l}4 and 95(a95i^; guilders, 39V@

39;^and40(a40i^.

,

(PayM

Railroads.
r>iilMi(]iio A-

291

Sixiff

Prime banker*' sterling bllU on London..
Prime ooininorolal
Oonuniencary oommerdal

4

05%

4 82
4 HIVt

fizm
411 >e
94 V

Parl«( franca)
(guilders)

Amsterdam

Prankfort or Bremen (relohmarksl

Coins.—The following are quotations
coins

Dayt

4 83>s

5ie%
05%

in g^old for yarioas

:

$4 84
3 85
73

Sovereigns

Napoleonn

XX

Relchmarks 4
XGulldorg
3
8 iian'U Doubloons .15
Mex. Doubloons.. 16

06

«$4 88

«
«
«

3 91)
4 77

4 00
55 »15 65
55 •915 65
F rie silver bars .. 1 lOiea 1 lO's
Flne;rolrt bars
parvdi4 prem.
D moH & ^1 dimes.
99 la a par

— 99%» par.
— 92>«» — 94%
— BT^n — 37%
Do uncommero'l. — t6 9
Penivlansoles..-. — 79^^ — 81.
EngUsti silver .... 4 80 9 4 8&U. 8. trade dollars — 86 "a a

Sliver Hn and '•s.
Five francs

Mexican

U.

8.

dollars..

sUverdollars—

09\9

par.

—

United States Bonds. There has been a firmer market for
Governments, notwithstanding the generally sluggish character of all business at the Stock E.Kchange, and prices of all
the leading issues show a fractional advance over last week.
The closmg prices at the N. Y. Board have tieen as foUovrs;
Jnterest Se^t.

4>«8,

1891

1907
48,1907

4s,

.

This

Is

Snit.
11.

I?."-

119>4«119
li9»e 11914 •lli,i«i 119%
ooap. Q.-Jail. 110
120
12014 12014' 120»sl 120%
Q.-Feb.,*100ia*10'Hfl •1003* •100»8-100-'«-100%.
jr. & J. •126
*I27 127 •127 ,*127 .*127
•129 •129 *i29 '129 '\9»
J. A J. '127
•131
•131 •131
'131
•131
J. & J. •138
*133 •133 •133 •133 •134
J. a. J. •131
•135 •13.5 '135 •135 •135%
J. A .1. *I33

38, option U. 8. ...reg.
6a, oar'oy, '95. ...reg.
63, oar'oy, '96. ..reg.
6a,our'cy, '97. ..reg.
6 J, oar'oy, '98. ..reg.
68, oar'oy. '99. .rex.
•

Sept.
10.

•Ill* 'III'b'-IIITs •11178''11!T, •112%
•lll'eMll'g.'niTg uiTg-ni-o 112%

..reg. Q.-Mar.
.coup. Q.-Mar.
..reg. Q.^an.

4>«a,18il

Se^t.

r-

Periods.

1

1

.

.

the price bid at the morning board

;

no sale was maae.

State and Railroad Bonds.— In State bonds only two or
three sales have been recorded diu'ing the week, among which
were Tennessee compromise bonds at 44 and North Carolina
special tax, 2d class, at 4.
Railroad bonds have been very dull until to-day, when Erie
seconds were sold freely and declined to 56, closing at that
price. This weakness was on account of the London oodimittee's report.
In other bonds there have been no features
of much importance.
Railroad and Miscellaneons Stocks. The stock market
has been exceedingly dull on account of the hot weather, but
until to-day prices were fairly maintained.
If it be true that
the large grain crops of this year will give the railroads an
active business in the winter and spring of 1885, it is also true
that we are now on a period of between-seasons until those
crops begin to move heavily to market. One of the disconraging features of the present moment would be swei)t away if
the disagreements among the several railroad pools were
adjusted, and harmony should be restored all around. Asthis^
only requires the assent of the various railroad managers, and.
as they may conclude at any time to patch up their differences
and cement a peace, it is plain that the situation in this respect
may change for the better without a day's warning. The
main thing is to have enough business, and if the products of
the season furnish that, the rates can be, and ought to be,
fairly maintained.
The di-ssolution of the pooling arrangements between the
three telegraph companies opposing Western Union wa»
interpreted a.s favorable to the latter company, but the matter
is not yet clear to the public, and some new combination, or
the absorption of the Bankers' & Merchants' by other companies, is far from improbable.
The Vanderbilt stocks must depend largely on the business
of their several roads during the balance of this year, and
especially on the maintenance of fair rates for freight and
passengers on the trunk lines. There are now two roads at
insolvent companies between Buffalo and New York, and
there will be much interest to see who is to have control of

—

them hereafter.
The Union Pacific statement of earnings for July is fully
up to Mr. Adams' predictions, and shows for the first time this
year a gain in net earnings over the corresponding mouth of
1883— the net for July being |1, 324,650, against $1,220,849 in
July, 1883.

The weakness in Erie stock and second consols to-day wason London selling, based on the committee's report submitted
there, which was considered unfavorable, giving the floating:
debt as $11,250,000, and the income inadequate to meet
charges.
The coal situation remains unchanged, and a moderate reduction in prices of coal would appear to be the best way to prevent a more serious break from the schedule rates. Central of
New Jersey has been weak, partly in consequence of reported
selling of Vanderbilt stock, though the certificates were said
to be stock loaned to encourage a short interest.
The tone to-day was generally weak, and the maiket
declined slightly in sympathy with the attack on Erie txmds
and stock.

'

THE CHRONICLE

292

ENDING SEPT.
NEW YORK STOCK EXCHANGJE PRICES FOB WEEK

13,

HIGHEST AND LOWEST P BICES.
STOCKS.

Sept.

Fiiday,

(Shares).

WATLKOAnS.

Albany i

126

Canada
Cedar FaUs

& Minnosote
Central of New J orscy
Central Pacific
Cbesapeake & Ohio

—
—

2dpre(

Do

55=4

67=4

41

42

8414

Northwestern

. -

-.

.

133

&

10
22

•(ji.j
t

"m-^

Oni.,

34=4

95

P™'

Do

135

llOlj lltiHi

pro'-

Do

Chicago St. Paul Minn.

8(i'4

S'JislOliB

pre;

Do

951-j

*42
43
Cleveland Col. Clnn. A Inrt
Cleveland* Pittsburg, guar. 108 110=4
Delaware J.ackawiiuna & west 11=4 12 '«
Denver & Kio Cirando.
«^4
«'4
East Tennessee Vo. cfc Ga
.

110

.

,

&

Green Hay Winona

St.

Harlem

•6=9

•8I3

. -

ManbattAn Elevated

common.
consol.

14

& St. Louis
pref,
Do
Missouri Kansas & Texas

Missouri Pacitic
Mobile & Ohio
Morris it Essex
Nashv.ChattJiuoogaA

"11

•12
•3
•10

48=4

Ilia

11=4

13

30

30=4

42

4'J

IO8I4 loo's 10818 109=8
1112 11=4
12
12
51-2

•81a

•81a

32

32

4=4

6

oS'a

82

14
80 '-2 8II4
68
3OI4 31

•BUi-j

& W't P't

16
•13

16
14

80=8
•UB

81

S0%

11
32
18=4 19
91=9 92 14

UHj

Terminal
Ogdensb,

pref.

Francisco

Manitoba

75=9
12

70
12

9
32

35
84

•li

•13

17
14

68

80
68

30=4

sola

14

66 'a

66''b

^5'^ 76=4
'12
14

791*

76=4

7o=4

•10% 12
•67

•14
14 "a
32
32
19=9 IB'e
91 Hi 93

10%

38

61-2

•86
89
151a 15=4
•33
35
13=4 13=4

14% 14%
•31
19=8
91=8
•9

•122 1'25
124
•38
•38
40
101=4 101=4 102 Hi 102

1'25

38
101% 101

40

•III4

12

13
31a

•1214
•3

11 Hi •10

»=4

6=4

6%

•6

19=4
92=9

70

5=8

6=4

12

•11

12

•11

12

89

•87

89

•87

89

15=8

lO-'-g

15^8

15%
'33

I2I1

141,

81
1879

19=1

91 '1
10
12
•122 123
1'24
38
38
40
102% 100=4 101 •>8|

11
16->9

141,

91

•9

•86

1213
:iia

Ilia

12"%

12=9
314

3I4

•10

111-2

•26
211a
481a

4
21=4

22 Hj

22

45

45

•20=4

'20=4

4=1

5

•IB
•2B
•75
24 14

20
30
85

4

4919

5=8

•11

4
22

•11=4
-3
'10

3I3

3I4

3',

21

14

48 "4

3%

21 14

49%
3=-

•21% 22%

13=4

36

30

34

12%
•11=4
•3

12%

•11=4
•3

•10

11%

•10

3%

49 14 50 '8
3I4

3-'>,

21% 21%
9

9

12
891.

I2I2

Ilia

6

89I4
14=9

28
21=1
49=8

48

A Cable Co.
Bankers' A Merchants*' Tel...
Colorado Coal A I ron
Delaware A Hudson Canal
Mutual Union Telc.gi-aph
New York & Texas Land Co
Oregon Improvement Co
Oregon Kailway A Nav. Co...

16=6

14
26
132

15=9

in
26=8

I6I4
•14

151a

15%

15%
121-i

179

12%
3%
11%

21%

21=4

49

49 'i

141-j

26 19

'26=9

14
26I4

3%

3%

43"-^

87

87

97
971a
13=8
13
49 '8 52

6%

6I3

421a 43I2

95
13

48I4
•6 "9
•13

96%
13'8
49-'8

Bia

80
95
13

16

14%

•22

24

-4'2

44%

•84

87

4^1

15 Is
•14

15=4

14%
26% 27 14

80

96% 97

96% 96%

I3I4

•13

•521a.

*5.5

4%

23I4

23I4

83
491a

115
•3

'.

83
50 19

13=9
50=9

13 19
49=8

•5'9

6%

5 'a

•13

17

56%

56I4

100
100

1,500

'300
1,100
'

12''8

13%

49%

50=8

8,313
149,291

6=8

282

6'i

6%

17

•13

17

56I4

•64=4
•5
9I4

56%

9514

93%

96

Adams

130

American

•91
•52

United statos
Wells, Fargo A Co

105

INACTIVE ^TOCKS.

49=8
49
II414 113

81

49%
115

78

74

75

49=4

60=9

5019

60%

113
•3

64% 65%

133
95
64
110

75

130

134
93=4 93=4
•32
54
105 110

65

66

131% 131%
92 14 93
•32
64
105 110

'130

A Chicago

Keokuk A Do« Moines

•4

B

133

93% 93
53%
1-.

•52

103

72=4

.

114% 115

•27
•27
31
63'8 66=8
66%

lircouvlHe, prof.
Chic.
Ind. Contra!

300
3,BBl

110

100
3,225

49% 50%

14,3:)0

116
114 115
•3
6
6
•27
31
31
67=8
66=8 67=4

1,380

I3OI4I3OI4 130
•92
94
94
•62
62
63
104 108 103

130%
94
64
107

89,350

1=B

1=8

100

..

A

Rensselaer

Vlrglola Mldlana

Karyland Coal

16

16

15

16

Pennsylvania Coal

Thoae are the prices bid and asked

8

July

8

19
18

uly 24
Aug. 6
Juno 27

70

July

no sale was made at the Boui\l.

88
23 >4

61
13
23

10
2
11
7]
bI

35%

14=1

27

137%

128

115=4 1'29%
01=4 108%

16
an. 3

War.'22

3

16% Feb.

24
60
96

24 % J UUB 30
70 May 1
15 June 30
<)5

July

11

50

96%

4
9

Juno2^

May '20
May 1

61

% Jan.

Aug. l."! 127=4 Apr.
J luje 27 17% Mar.
88% May 23 114 Feb.
10 May 10 17% Jan.
122% J an. 7 170 Feb.
8=4 June 28 63% Jan.
00=4 June 26 112 Jau.
31
Way 16 66=4 Mar.
90 May 24 117 Jan.
3=4 June3(i
6% Feb.
20 J one '20 32% Fob.
49 May 14 78% Feb.
July 15 137

June 21 102

148

84%
17% 35%
13'-.
33%

02=4 I14'i
86=4
68

40% 68%
68
63 '•

30
38
80
38

90
63

"12% '30%
82
65
76
95%

100%

77
10
86

18

48%

16»,

33
19

Hi

30=4

68%
34%
106%
19%
129%

8B
10
120
.501s

64 'a

111% 129%
7
15%
13=4

90
83=.

26 '»
72

33
105

89%
40%
83

17% 62%
183

1B9

16%
4'f

14
10
32

'29%

8%

21%
18
49=4

23% 63%
49^ 90%
14%
2
21
36%
14=4

7
19

32

29% 89

28

12

46% 61%
129". 138
4
16%

35
80

85
103

Jan

15
7

lO't

82%

6

Jan. 26

Jan.

76

200

72
39

90

19=4 Jan.

46
6
190
50
124
77

23
34

Mar. 18
Apr. 10

32

21% 61%
4% 11%
11% 23

14
15

32=4

78% June 27 99 Jan.
5% June 27 22% Feb.
28 Juno 30 84% Feb.

81

47
21

Mar.
Mar. 17
Feb.

54

124% 142
111% 131%

4
21

Fob. 14
Feb. 15

61

11% Juuo26 29% Aug. 2;
.!'

7

11

16
7
6

20% 36%
6d%
40
100%
87
40%
83
97%
90
169%
94
17% 43
70% 104=4
36%
15
29% 67%

67
8
1« 118%
17
11

14

102
15
55
9

1.J

10
7

28
17
7
II

5

16

56
90
28

69%

140%

89%
112%
25
125

91%
150

44%

11214 134
9%
6

80
71»,

46%
88%

Apr. 24 126% 135
94%
Mar. 2B 88

May 17 61% Feb.
May 26115 Fob.

192% 192%

Feb. 11
Feb. 14
Jan. 21

25
400

J UUO 18
%Jau. 8
.1

"

;

24

Juue26 32

1 Tg J

Uly 29

June 9
% Apr. 14

New Ceutral Coal
'

Aug.

33
2

50
July 17 82
Apr. 12 143
July 7
6
J Illy 26 40
May l.'i 90

'05" "C5'

Mississippi, pre]II.
A .Saratoga
TlnUn-' <•"-•^-tilesof N. J.

71=4

65% 65%
7
128
13 113

June 23 80=4 Jan. 7 78 >, 84%
June 13 162 Feb. 16 140 160

72=4

Louisiana
"*'"'" A mo. Kiver, pref...

Ohio

32
12

180 126
70 87
45
9i

.

Columbus
A
Danbury A Norwalk
Dubuque A .Sioux City
Joliet

77
48=4

20

10
17%
68% 90

11

14«eMay 14 25% Mar. 17
5 June 12
9% Aug. '27

49

10
91.

I

47%

18

6% June '26 34% J an. 7
400
7 June '20 17=1 Aug. 20
10,000 22 June
60% Feb. -23
60 120 June 30 135 Apr. 14
2% May '24 5 Jan. 11

13=8

9I4

951a

C,\

•27
31
05 \ 07

pref

EXPUEMS.

A

June 30
June 27

9% June 20
7
M ay 20

11

9,1 '20

50%

10

•9% 10%

1151a 114

Western Union Telegraph

Columbia

'24

MOO 28 Jnuf27 69% Mar. 14
100 125% Juilo24 141 Apr. 1
08,704 90% May 26 133%Miir. 1
3,5(18
G=8 Juue23 26=9Jan. 3
487
3% May 14 8I4 Feb. 15
300
6 June 12 14% Fob. 15
700 32 Aug. 1 51 Jan. 7
300
4 May 8
8% Feb. 8
185 July 11 :00 Mar. 18
7a 20 Jnnc2(l 51 Jan. 4
110 Junc23 140 Feb. 13
70 .luly 8 86 Mar. 6
910
9 June21 20% Jan. 6
100
6''6Junc27 19=4 Jan. 7
49,449
67%Juno2" 104=4 Mar. 4
52 02 May 24 78I4 Mar. 15
13,515 22% June 24 61% Mar. 4
60
12 June 2
35 J an. 4
40 Jan. 22 67 Aug. 26
82 Jan. 21 93% Apr. 7
42 Jan. 23 85 Aug. 21
3,195 70 Aug. 18 79 Aug. '22
!100
10 Aug. 20 '24 Mar. 18
200 28 June 27 40 Jan. 11
400 85 June 30 103 Apr. 15
160 61 =4 June 2^ 94% War. 4
10 Feb. 11 10 Jan. 7
32=4 M.ay 26 44
Apr. 10
700
7%JunB23 18% Jan. 7
600 17 Jnue2" 30% Feb. 11
0,610
9% Juno2' 23% Jan. 6
25,618 63% May '20 100 Junc2I
0i4June'20 13=4 Mar. 24
160 116 JU11C27 127 Jan. 29
600 30 J unc 26 63 Mar. 14
25,'244
94 >4 June 27 122 Mar. 13
875
6 July 1 10% Fob. 15
9 May 14 20=4 Feb. 14
115 Juno 24 l.iO Juno 13
23 83 .Uine2n 94% Apr. 12
29,631 11% June 27 28% J an. 6
210 20 June 27 71 Mar. 3
6B5
8 June 24 17% Apr. 4
38 175 July 7 184 May 1
13
7
J UUO 27 16%,Ian. 7
23
6 Feb. 28
3 July 12
9% Aug. 20 18% Feb. 16
10 Jan. 29 11 Feb. 25
100 22% July 9 42 Fob. 15
2,771
14 June27 27 Jan. 7
33.608 37% Juno 27 57% Jan. 7
3,666
l»8Juuel8
4 % Sept. 5

20
990

80

49-'»

•5

4%

20

Pacitic Mail

Atchison To]>cka A Santa Fe
Chicago * Alton, prijf

22

Miiy

SO 127
135
78
84=4
75
10
80
48 't 85%
18

1,050 ;OOV(Jmie23 126=4 Jc-b. 11 110% 127%
10% 22
8»4June2fi ISUJan. 6
33
67%
18 July '22 35 Jan. 11
1,330 217eJuuc2H 3S%Aug.20
30
55
1,690
113%
80=4Juiie27 100 Ang.'iO 91

.

Do

May

I

116
1'22%
i-eli. 16
81%.Iuno2:' 124 rcl). 12, 116% 140%
•J
900 117 Juno23'l49%l;ob. 12
134
157

10

UB

13 '4
48=9 49 la
•5 '9
6 la
•131a 14

94=4

6%

85

10
10
10
961a 96=4

. .

15 '8 "V5=i
•14
14
2714
27

Low. High

85,699

900
400

45

4=4

. .

Pulhnan Palace Car Co
Quicksilver Mining

June 27

5

For Full
Year 1883.

Aug. 19

Jan.
6814 Jan.
57 'a Feb.
12 Jan.
90 Jan.
67=4 .Ian.
15 Jan.
28 Feb.
17 Jan.
I4OI4 Feb.
127=4 i?eb.

24=4 Jnne'27

8
49
30

J.in.

90
80

28

430 118

9

132
•421a

'24=4
44 la

5''8

Pacific...

•26 '(

Do
pref
Ml!S<:KLIiANEOUS.
Tel.

•14
32
32
I914
19
91 '8 92 14
1'22

(iia

50=8
4I2

25

& Tcrre Haute

&

•lOi-j

7«
12

810
300
300

J tine

8=4

Pitts)iurg
tt

75

70

14
32

-38
100=8

"l3-^ "iBis
14^2 15

Do
pref.
Do
1st pref.
St Paul <S Duluth
Do
pref

American

14

80 14 80 '(

9

Peoria Dt'catur & Kvaaisvillo.
Philadelphia & Reading
Pittsburg Ft. Wayne & Chic.
Blch. & AUcg., st'k trust ctfs.
Richmond <fe Danville

A

12

28
28
22 14 22 14

pref
pref

Texas A Pacitic
Union Pa«MfIc
Watiash St. Louis

75

•13

'

1241.2 l'.i4la

16V

10

8318 85=4
110 ll(l'-2
99=8l00ie 97=4 99=4
133 13318
133 133
115=4115=,
llOisllB
•8
•8
10
10
21
21
34
33151 34I4 •33
951-2 931-2 •95
96

176

Pacific

Paul Minneap.

74

10

Western

& San

75-18

•80

Ohio Central
Ohio A Missis.slppi
Ohio Southern
Oregon short I^ino
Oregon & Trans.c;ontliientaI...

Louis

20

40
103

0'4

.

Do

20

125

lOi-j

•i)

•38
102

pref,

Louis Alton

29-'S,

3018

1'24=4 VM->i 'i2'i" 12.5"

St. Louis

Do

Rome Watortown

(iO

15
32 _
la's
a3i4

14

18=4
miHj

.

&

66

l'24ie

HO'*

3'."-j

New York Central & H udsou
New York Chic. A St. l«uis.
pref.
Do
New York Elevatod
New York Lack. * Western..
Now Y'oik Lake Erie & West.
pref.
Do
New Y'ork & New England ...
New York New Haven & Hart.
New York Ontario & Western.
New York Susq. Jt Western.

Bochestcr

7!l=4

10
14
81

-67

Do

Hichmond

124 Hj 12419

124

Wesfn

Minneniiolis

Do

14io

Vii^

prct.

Do

14%

I510
•13

«ll)i-2

Metropolitan Elevated
Michigan Central
Milwaukee L. Shore &

Northern

12*1!!

IB

74

.

& Charleston

iS

12.TH!

l(i

121

25,185

60
39

June 23
6,766 107 June 27
84
80=8 179,789 68I4 Jnne27 94 14
700 95%.lune27 119
1091a llOia

Istprcf..

Manhattan Beach Co

Norfolk

125 >ii

200

1321-2 I32I2'
1231a 1'23 la

•33"'

36
126

1,100

36=<

- . -

Do
Do
Do

Memphis

6=8

B-is

<i%

80 14 S2li
(i9
6«
311,
30

& Nashville
Now A Ibany i Chic.

Louisville
Louisville

9

•814

44 'i

-14
'0

•7I2

8

44 la
•35

"fiO" "sBii
411a 411-2
411s
•7I3
8
8
11=4 ll's
16
-9
10
10

50
41

I

'33

Lake Shore
Long Island

St.

A712

7=4

;

Indiana Bloomingt'n & Wcst'n
lake Erie & Western

St.

•7I2

....

Paul

Houston * Texas Central
Illinol.') central
,
leased line 4 p.c
Do

St.

7I2

9

H=4

prof.

& Torre Hanto

Evansville

56I4
41=4

•14
15
•I4I4 16
15
9 Hi
•9
oy •9
10
132 "-J 132 133 •132 1331-2
]'22=4 123 >4 123>.jl'24
123
84'>8
83--'8
8318 81=8
110l4ll0>4 110=8 110-i« 11014 110'4
97 'a 99
OS^'e 100'
07 'a 98 's
I3414 I3414
131 133
116
ii(5' iiti'i 113>all5>2 11«
•8 "a 10 Is
21
34
34
32ia 33
33
33
931-2
95
94% 94 =B 94>3 95
•41
421-2
4II2 411.2
138 138
107=8 1081.^ IO714IO8I4 108 109
121-2
12
12
12
11=4 12
"5I4
6I4
6>4
6
5=4
6=4

11(11.2 110.->4

Chicago Ttock Island & Pacillc
Chicago St. Louis & Pittsburg.

3"~

•41

41=4

*40Hj
7>2

44=4

44=4
•35

36

36

'56Vb""5614

M^e 56

8

PrcJ.

A

10

«7
10

>14
16
•9
10
1321.2
133 133
Ij
122
I'M
122%

ChicaKo& Alton
Chicago BurUngton & Qnlncy
Chicago Milwaukee & St. Paul
Chicago

45

*14

IstpreJ....

1)0

DO

44 13 44 lu
36
36

45

-

«60
70
44=4 44=4
•33
86=,

1881.

1884.

1,

3 135

.Inly

80% Mar. 27

N. Y. Air- Line, pre'
Boston
Burlington Ced. liaplda « INO
Canadian racilic

1,

Highest.

Lowest.

Susqunliariin-...-.-.

&

Sdiitheni

JAN.

Bange Since Jan.

Sept. 12.

Sept. 11.

Sept. 10.

9

Sept.

B.

Sept.

(i.

AND SINCE

Sales of
the Week

Wednesday, Thursday,

Tuesday

Monday.

Satoiday,

xxxix.

rvoL.

tv

10

Fob. 11
Jau. 17
Jan. 21
Mar. 10

31

1%
50
77

Mar. 4 138
July 7

68%

7%
70%
92
138

July2ii
112%
Jan. 9 96
146% Apr. 18 139% 145%
193% Mar. 21 187% 197
20
21 Jan. 24
17*
10
15
Feb. '-'1
9
10% Jan. 31
204 Feb IH

Sbptkubkb

THE CHRONicJLE.

13. 1884.}

<{UOTATIONS OF STATE

AND RAILROAD

BONIKS.
BOIfDS.

8TATB
SKCURITlBa.
AUbanin— fla««

1900.
19O0

('.41..

9k. 10 .JOs,

81
100

71)

B9
7«
100

t'ln«H H,.S«. IflOU

Class

A,k.l

B1(L

A, 1906.
.'.

itock

7». Mcmii..t
711, r,.

it

Ft. s.

L.Kock

It.!'.li.&

A

M

N.O.

7h.
Ui«. (*,
U. U.
7«. Ai-kansns ('«iit.
tls, 1880
i; v>rKl«
7«. 18Sti
7». fold, 1800

70
GO

Rx-inature<l ooupon....

"o"t

K

New

II

H R.
100
in-i!

lbs

109

IlS>a

yoik-flx.

rojf.,

lO.-l

1887

105
IIU
lis
1!7

!

Ut.

nllclHBKon..

6«,

1919

6»,

t-'aroilna—
23,

Act Mar.

SBOTTRTTrBft.

Bid.

105'4

O'iiip-mlm,8-4.5-ea.I01!<

Gs, connol.. 2(1 seiiee

1R«9

1

18HX.

(

itf

39 >• 80\
44
46
37 '""••
37
4B
46"
84
40 ""g"
4

2
4
District of Ooiambia—
Bmwii riiusorn i!!<, 189» 104 100
3-85S, 1924
39=4 40 U
Tennegseo-tln, oH, 892-8
non-fiiiiclaiil.',

Aak.

—

Tenneiuee ContlnnM—
e*. new Mrlea, 1914 ....
Virginia— 6ii, old
6s, new, 1806
6h, coiiHOl. bonds
6», iixmalnrprt conpon.

HA
lid

83
108

Ohio— «», 1K88
South

-4

B
»

WII.O.AUu.B.
Connol. 4s, 1910

la, lUfih

Afk.'(

18

bourts, J,*J., Vi-a

Do

in

'88.

6h, 10)U1, 18itl
6«, limn, 1«(12
6«, loiin, 1S93
N. Cai-ollUiV- 1)8, olil, J,* J
Pamtlnx act. 1866-1808

RU.

New

Special

lOH
109

line, 1.S941IS

>Iaillilluil .6 Kl. Jo.

Bid.

N. Carollniv—Contlnnixl—

10'i>«

18*.torl800....
A By I'm or V'lilv,. rtue'Oa

SEPrEJHBER

SKOUniTIKS.

Aak.

Bid.

6«,<lile

n

!(W.

UR

SBCURITIES.
LmlsUn»— ''<.non<.,1914
Mlii'i.mrl-6», l«Ht)

.s

7(1. I,,
•

1

2^3

109 Hi iinu

1

9

1

8*,

new, 1 892-B- 1 900

HV't

»9's

. .

io»" :::...

Ftindlnff Bs. l«9ft

RAII.BOAU BOND.S.
SECURITIES.

SECHRITIK8.

Atk.

Bid.

Railroad Rouds.

780f 1871, 1901
(Stotk

Erc\'mit

Prtrf».)

1 St,

:

Al».C6n(T»I-lst,(5». 1918
Allen'y Cent.-lst.Us,l922
Atch.T..^ S.Fo—4 "ni. 1920

8tnklne(uml, OS, 1911..
All. A r»c.— Int. Us, 1910.

114
12
•13

Bur. C. Itnp.A No.— 1 st, 5a
Mlnu.A.st.L.— lst.7s,lfn.
lB,Clty.A WMt.-lBt.7»
C.Rap. I. F.A N.— lat, tjs
lat-.-is, 1921

101)

A K.— 1st,

Ouaninteod

eit. "8,1891

il8'

90
113

I

li

A«k.

Bid.
78.

EL— l8t,1908

104^1 io:'>4

92 "a
'Jd, lis. I«;i9
MO
Mex. Cent..— let, 7a, 1911
Mich.Cent.— Cona.73, 1002 125 120
lU3>a'l03»4

Conaol. 5s, 1902

1909
Coupon,

58,

1931

108

iiio'

1884.1913
MlLL.».AW.-l8t.8B,1921

Ft.w.A Chlc.-lJt IS?^!

2d. 7a, 1912..
3d. 78. 1912..
Clev.A Pitta.- Cons.s.fd.
4th.a.fd..Ga.l892

112
'102

2d, 7s, 1891

137
180

123
108

no's
i07'

80

Con., 1st, ext., 68, 19t22.
Roch.A Pitt.— lat, Oa.l«21
Conaol., let, 68. 1922....
KIch.A A (leg.- 1 at.78.1920
Rich. A Dauv.— Cona..g.,GB

*99Ta 101

<

135
1'2«

1898

2d, guar., 7a, 1898....

Rome W.A Og— l8t,78,'91

84
I

'

Registered

But Att.

Pltfa.B.A B.-l8t,68. 1911

I

lat. Ha,

iMlnn.AStL.— l8t,78,10'J7f HG
"•'
Iowa Ext.-lBt, (8. 1909, 108

1105

Pitta.

•2d, 79,

100>4

Jack.Lan.ASag.- 6b,'91.

1885

SECURITIES.
RR.— Continued-

Penn.

St.L.V.AT.II.-l8t,g.,7s

69,

MUw.&No.-l8i,G8, 1910
I

lst.con8., gaar.78,1900

i08"

Cln.— 1st,

Boglatcrcd. 5a. 1931....

.1130

—

•2d, 7.S.

I

I

115^'.

Isl, I'a. DIv.. reg., 1917.
Alb. ,^ .Suaq. Ist, 7a ...

103

A

Motronolit'n

U8

1

Coupon, 7a, 1894
Hegi stored, 7a, 1894....
lat, l'a.l)lv.,cp.,78, 1917

si's'

Prk.Br.
7a

<ialt.>t o.-lst.Os,
Bost. Iliirtf.

Oa'

A

lat.

103

.

(.•ou>.tnicllou, 58. 192.'f
Hud. Canal— Ist, 7sl

Del.

Marietta

!

...il'23

oonaol., guar., 7a

N.Y. I,nck.A W.-l.st,

SECURITIES.

Ask.

Bid.

W.—

Del. L. .t
Contln'dM. A K. t.onds, 78, 1900'

70
106
80
63
93

70 >g
108
89
65
94
S6

55
Debenture Gs. Iii27
Atl.A Ch.-l8t,pf.,7a, '97 107
Incomes, 1900
60
64
Scioto Val.-laf. cons., 7s. ;-•07 '4 97
97
104 104 Hi St. I.. A Iron Mt.— lat, 78 JIO 111
60
SIS'
60
24,58, 1913
iBt, conaol., 78, 1010.... 1*
2d. 7s. 1897
.....I 104 Hi
85
104
109
1913
7ai
KVR.,
Arkansas Uracil— lat, 7s: l»5»a
i'^*"-'*'''^'' * Pac.-lat,
ooi
35
99»4 inn,Central Iowa— lat, 7s '99
100"a Den.A RloG.\Veat,-lst,(Ja
Moliile A Ohio-New Os.. 105>3 1U7
105
Cairo A Fulton-lst, 78 103
HO
East. Div.— let, Cs, 1912|Collater'l trust. Gs. 1892
net.Mark.AMarq.— lat.Gs
Cairo Ark. A T.-l St, 7b luih
15
111. I(iv.-lst.(ls, 1912..
Isr. i'.xteusi(il). ba. 1927'
Land grant, 3 Hja, S. A
Gen'l r'y A 1. gr., 5a.l931
to"
>rorgan'a La. A T.— lat. Gal
Char, Col. A Ang.— l9t,78l
E.T.Va.Ati».-l8t,7a,1900 115«i
St.L.Alton A T.H.— l8t,7s
68I4 58'a JNa9h.t'liat.ASt.L.— lat,7a
Ches.AO.— l'(ir.nioneyf(l.,'lll'4
118
lat, cons., 58, 1930
2d, prof., 7a. 1894
112
*
92
68, gold, aeries A 1 908 .
IMvlslou.-U .5a, 1930
2(1. Gs. 1901
102
2d. income, 7a. 1894 .... noa
N. Y. Central— Ga. 1887... 193 Hi
68, gold, series B. 1908
Ell7..C.AN.-8.J.,deb.,c.,6a
Bellev.A So. 111.— lat, 89
104 |105
68,cnrrencv. 1918
Deb. certa.. ext'd 5a
lat, 69, 19^20
St.P.Mlnn.A Man.— lst,7a 108 110
'
90
Mortgage tJa. IPll
Eliz.Lex.A BIgSandT— 6s!
N.Y. C.A If.- 1st, cp., 7a :30'4'l31Hl
109 <«
•2d. Ga, 1909
127
lag's 130 Hi
Chee.O.AB.w.— M.5-0S...
Eri e— lat, exteude4l,7a.., l'i4
l8t. reg., 1903
Dakota Ext.- 63. 1910.. loo's 109 >,
110
!5hlcago A Alton— lat, 78.
Hnd.Uiv.- 78,2d. a.f., '85! 103Hl ....
2d. extended, oa, 19 19
lOl'llOl's
lat, consol., Ga, 1933
102i«
Btnking fand. Bs, 1903..
130
Harlem -1 at, 79, coup, ..
3d. extend(Ml, 41-js, 19231
1st. cona., 09, re.g., 1933.
130
La. A Mo. Klv.— lat, 7s.
lat, 7.9. reg., 1900
4th, extended, ,58, 1920.1 lOG
Min's Un.— lat, Gs, 1922
•2d, 78, 1900
N.Y. Elov'd-lst, 7b, 190G 117Hl
0th, 79. 18.88
.St.P.A Dul.-lat,5s, 1931
8f. I,. .Link. A rhle.— l8t
lat, cons., gold, 7a, 1920; lie" 118H) N.Y.P.AO.-Pr.ln.Gs, '9.->! -•
So. Car. R'v— 1st, Gs, 19'20 103
"• 6s, 1-irai
1-20
lst,gi(ar.(.'>G4),7s, "941
Ist, cona., fd conn., 78..i' HO
N.Y.C.AN.— Oen..G8,1910i 25
9b
2d,
118
OS
2€l. (3(i(l), ,s. 1811S
30
Roorg. iHt lien. Ga, 190s'
Trust Co. receipts
Shenand'hV.- lst,78,1909 104 Hi' no
118
2d,gliar. (18.Si. 79, 'OH'
Long Dock b'uda. 7a, '93 i"i5"
N.Y. A. N. Engl'd— Ist, 78' 104 Hi 106 >a
82 >4
General, 6a, 1921
ilU
Miss. It.lir'cre— 1st. B.f.Osj
ButrTN.Y.AE.— lat.iaiG;' 130
95
lat, Ga, 1905
97 Hi
Tex.Cen.— Ist, s.f.. 78,19(09
97"O.B.A Q.-toiis(il.7s. 1903 l-'tf
N.Y.L.K.AW.-New'JdU 08
N.Y.C.ASt.L.-.lst,Gs,1921l 94
91 Hi
latmort., 7s, 1911
55
68. slnUhiR fund, 1901 ..
Cnllafl tnist,(J9,in22.
'id, Gs, 1923
20
Tol. Del. A Burl.- Maln,6s
li
9j
95H>
-«8, debiutnres, 1913. ...
Buff.AS.W.- M.,69,1908
N.Y.W.t^h.A Buir.-Cp.,58:
lat, Davt, Div., Ga, 1910
iiS
86=4! Registered, ."is. 1931. ...|
I». IHv._S. fd.. 58, 1919' lOJlj
Ev.,t T. Jr.- lat, cona.. Ga
lat, Ter'ltrnat, 63, 1910
Slnkli.i.-fund,48. 1919J 91
Mt.Vem'n— 1st, 88,1923!
N.Y.Snaq.AWeat.- let, 68'
Tex.A N. O.-lat, 7s, 1903
"85"
SG
88
Denver i<iT.-48, 1922..
Fl'tA P.Marq.— M.G8,lfl'20 ii'i' I....;
Debenture, Gs, 1897
Sabine Div.-lst.6s,1912 "ai"
107
Plain 4a, 1921
Gal. Ilar.A S.Ant.— l8t,G8
89
Mi(Uandof N.J.— Ist, Gal 88
Va. Mid.— M. inc., 6s. li>27
DO
....
109
(3.R.I.A P.-lls,cp., 1917.1 li!J |12»
'2d, 7s, 1905
N.Y.N.H.AH.-l9t,rg..4» 108
Wab.St, L. A Pac.-Gen'l Bs "io
"120
01»4
ea.reg.. 1917
Hex. A I'ac — let, os
Nevada Contral-lst, G8..("
80
70
Chic. Div.— 58, 1910
Keok,,» DCS M.— Ist, 5«i 1( MHi
103-^
2d, Ga. 1931
N.Pac.-G. l.gr., 1 st, cn.,G8,
1U3^ Hav. Div.—6a, 1910
*""•••
I'enfralotN.J.-lBt. 1890| 111 1112
Gr'nBayW.ASt.P.- lat.fla
Registered, Gs. 1921
Tol.P.AW.— lat, 78,1917 'so-i
,,
107
lstr(inB<)l.assente<1.1899
Gulf Col.A S. Fe— 7e. 1909 109'4 110>il N.O. Pac— lat. Ga.g.. 1920: "so'rsj"'
75
Iowa Di v.— Ba, 1 921
lOB";
Conv..a».sentcil,7«. 1902:
•2(1, 6». 1923
88
Norf.AW.— Gen'I.Ga, 1931] -.-. 1100^4
Ind'polia Div.— 6a, 1921
104
A(DU9!iiicnt. Tfl. l'.)03...i
HaoD. A St. Joa. — 88,conT. IOII4 lOlHj
New River— )at,Gs,1932i '93
60
Detroit Div.- Gs, 1921 ..
8J
113
C'onv.di-hent. Us, 1908..
71
109
Con.aol. 6.S, 1911
|No.llailway(Cal.)— let, Gs 108
66
Cairo DiT.—68, 1931 ....
Leh.AW.B.-Cou.gd.aa.' w^Houston A Texaa Cent.—
lOhioA Miss.— Consol. s.fd. now,
Wabash- Mort. 7s, 1 909 70
103 Hi 107
Am. D'k A Imp.— OS, 1021
iiGHj:
Ist, M.I,., 7a
Conaolidated 78, 1898.
Tol. A W.-lat, ext, 78 I03'4
(^hlcStll. A St. Paul—
lat. Western Div.. 78 ... 103
2dcon8oUdated 7.9, 1911 112 1'20
93
lat, St L. Div., 7s, '89
94
107
no
l8t.8a, P. D
1st, Springfield Div.. 78
Ist, Waco A No.. 79
88
2d. ext, 7s. 1893
90
ai. 7 3-10, P.D., 1898...
SOHl 67 <s
2d. con.sol., inaine llne,8s 116 il'20
OhioCentral-lat, 0.9.1920
Eqoipm't bds, 79, '83
12UHl
60
Jst, 7b, $g.. R.D., 1902. 124
l8t,Temi'lTr., Gs, 19'20
2d, Waco A No., 88,1915
'io"
Conaol. conv., 78, 1907
80
94
Jst, La(.'. iJlv., 7b, 1893. 117
1st, Min'l Div., Bs, 1921
General, Ga, 1921
GtWesfn— Ist, '?«, '88 103Hll
•76
;»t,l. A M., 7b, 1897... Illi"all8
Ohio So.— lat, Ga,19'21
80
lIoust.E.A W.Tex.— lgt,7»
UOHl 91
2d, 7a, 1893
Ist, I. AT).. 79, 1899...
•2(1, Ga, 1913
Oreg'nA Cal.— l8t.GB,1921
Q.& Tol.-lst, 7s, 1890
]8t,C. AM., 7b, 1903..
75
Or.ATranac'l— Gb.'82.1022 ii'
Illinois Central
Han.A Naples— lat, 7a
Consol. 78, 1905
Oi-ogon Imp. Co.— Ist, Ga.
66>4l
Springdeld Di v.—Cp. Gs.
IU.4 8o.Ia.— l8tex.,0a
i"102 I....
2d. 78, 1884
Oreg'n RR. A Nav.— 1 at.G8 IO6H1IO7
SJ iddle Div.— Reg.. 08.
8tL.K.C.AN.— R.e.,78 100 102 >•
'121
l8t,78, l.AD.Ext.,1908'
Panama— H.t.,anb.B9,1910 "95"
C.St.L.A N.O.— Ten.L,78
Omaha Div.— lat, 7a 97 100
l»t. 8.W. DlT., Us, 1909. 110 ill2
!;;;;;
Peoria Dec. A Ev.— 1st, 89
Ist, consid.. 78, 1897.. 119
Clar'daBr.- 68, 1919
lBt,5s, I,aC.AI)av.,191»
94
Evana.Div.- lst,G8,19'20! 93
2d, Ga, 1907
St.Chaa.Bge.— lat.6a •74 »« 77
*
10«
lBt,8.Mlun.DiT.,Ca.l910 108 109
Peoria A Pok.U'n— let, 63
104
Gold. 58, 1951
No. Ml990uri— lat, 7s.
l8t, H. A I)., 78, 1910... inhi
Pacific RailroadsDub. A S. C.-'2d DlT., 78 "H*
WestUn.Tel.-1900,coup.
Chlc.A Pac.lJlv.,l>8,1910 llOHi
il5"
110>4!ll2
Central Pac— O., Ga
Ced. F. A Minn.— lat, 78
1900, reg
112
l«t,thlc..t P.W.,S.a,1921
San Joaquin Br. —Bs.. 10419:
Ind. Bl. A W.— 1 St pref ., 78
N.W. Telegraph— 78, 1904
Miu'l I't. DIv., 5b, 1910.
^i\
bO
98,
75
Cal. A Oregon— Ist, Ga
lat, 4.5-Gb, 1909...
72 74"
,,MntUn.Tel.-S.fd,6a,1911
C.A I,.Snp.DiT.,58, 1921 94
68 \
Cal. A Or.— Scr. H, 6s.
2rt, 4.5-68. 1909
Spring Val. W.W.-l8t,68
VVis.A Min.I)lv...^8.1921
94
Land grant bonds, Gs.J g^
Eastern J)t\:, Gb, 1921.. '74
f'hlc. A Northwest.—
West.. Pac— Bonds, Gs 104 1"""
Indianap. I>. A Spr.— Ist.'Ta 100
INCOME BONDS.
Sink. fund. 7s, 188.")
99 llOOHll
80. Pac. of Cal.
lst,G8
2d, 58, 1911
Consol. bonds. 78,1915.
8o.Pac.of Ariz'a— 1st, Ga *9G =s
iInt,AGt.No.— Ist, 68, gold 109H( 110>4
(Inttrat pai,able if earned.)
Kxtciision tiouds, 78. '85
80
77
8o.Pac.of N.Mex.-lat.Ga *93'>9
Conpon, Gs, 1909
Iflt, 7«. IHM.')
110'4 111
Union Paclllc-lat, Gs
Kent'ltyCent.—M.G8,1911
Alleg-nyCent-Inc, 1912
Conpon, gold, 78, 1902..
Land grants, 78, '87-89 107»8l08Hl';AO. APac-Inc, 1910... 17
Lake Snore
BegiBl'd. gold, 7s, 1902.
108
Sinking funds, 88, '93
M.S. AN. I., e.f.. 78... 103H: 104
Central of N. J.— 1908
74
Blnklne fund. Cs. lU'-'O.. 113 115
Reg «s. 1893
Cleve. A Tol.— Sink'g fd. 102 >4 103
'Centla.—Coup, deb.certa.
Bink. fund. (is. 1929, reg
Collateral Trust, Ga..
New bonds. 78, 1880.. 102
;Ch.8tP.AM.-L.gr.ine.,68
Sinking fund, 5s. 1929..]
Cleve. P. A Ash.— 78.... 1121,
do
58,1907
Chic A E. 111.— Inc., 1907
Sink, fund, 5», 1929, regl
117
Kans.Pac— iBt, Ga, '95
.109.
Bnir. A lOrie— New bda
DesM.A Ftl).— lat,iuc.,6B
Slnk'g fd. deb., 68, 19331 94 '-J
100
.... 107=4 Det. Mack. A Marq.- Inc.
Kal. A w. Pigeon-lst.
let, 68, 1808
Kacanaba A I..S.— l9t.Gs*105
'99
I>enT.l)lv.68,a8'd,
Det.M.A T.— 1bU78,190U
104Hl 1051-i E.T.V.AOa.-lnc,G8,1931
17
17H
l>esM..t Min'ap.— l8t,7a|
lat. conaol., Ga. 1919
80
82^4 liiUzab. C. A Nor —•2d, inc.
Lake Shore— Div. bonds
Iowa Midland— l8t, 88.. 126
12(;
C.Br.U.P.-F.c.,78,'95 100
Conaol., coup., 1st, 78. 1-23
Or.BavW.AStl'.- 2d.lnc.
Peninsula— Ist, COUT. 7s 112
li!4H;
I2IH1
At-C.A P.— lat,G3,1905 81
Con.sol., reg.. Ist, 78..
:ind. B"I. A W.— Inc., 1919
1^25
Chlc.A Mllw'kee-l8t,7s 12!
IlU
At.J,Co.*W.-lat, Be 79'
Conaol., coup., 2d, 7e.
Conaol., inc., OS 1921
40
Wln.AKt.P.-l8t.78,'87l 103i4'107
117
Conaol.. l-eg.. 'M. 78
Oreg. Short L.— lat, Ga
Ind'aDec.A spr'(i— 2d,inc.
15
80
"
2d, 7b. 1907
118 120
1211
..
Long Isl. RR.— iBt, 7s, '98
UtSo.— Oon., 78, 1909
97 Hi
Hi'
Truat Co. certidcates
75"
MU.A Mad.-l9t,88.1905!
101
Exten lat. 7a, 1909
95
let, consol., 68, 1931...
'Leh. A Wilkesb. Coal— '88
C.C.C. A r nd's- 1 st,78.8.fd. •
Mo. Pac. — lat, cona., Ga
94 >4 95
Louis. Weat.—l at. Gs
Lake E.A W.— Inc.,7^•99 22
25
t'OUBoLTB, 1914
120
3d, 78, 1906
100
Sand'ky Div.— Inc.,1920
Louisville A Na.'shville
16
20
Coicnl. <iuk. fd.. 7a,1914'
.10
Consol.. 7a. 1M98
113
Pac. of Mo.— lat, Gs..
103
Laf.Bl.AMun.-Inc.,78,'99
(1. 11. i.il (•.insoI..«». 1934
lOG
9IH1
•2d, 7a. 1891
Mil. L. Sh.A W.- Incomes
Cecilian Hr'ch— 78, 1907
K71,
f.st.l'..M.,v O.-Consol. r>8 llO'a
80
StL.A S.F.-2d. 68, CI A 99 100
W ob, A O.— 1 atprf.. deben. 05 67 >
N.O.AMob.-lst,G8,1930 T9
C.SUl'.tM.— Ist.Us. 1918
3-8s, Class C, 1906-..
99
99 Hi
•2d. Ga, 1030...
2d, pref., debentures..
36
No. WlB.-lst. OS, 1930.
3.G8, Claas B, 1906
99
E. M.A N.-Lst, 68, 1019
3d, pref.. debentures.
8t.P.AH.(;.-lst.89,1919 II7IJ
88
lat, Gs, Pierce C. A O.
General, Gs, 1930
4th, pref.. debentures
Chict K.Ill.— lst,8.f..cnr.
102 <4 iN.Y.Ijlke E.AW.— IncOs
Equipment, 78, 1895..
Pensacola Div.—68,1920
Clilc.St.l,..t P.-lBt,con..'ls
•92
Gen'lniort,, Gs, 1931
bt. L. Dlv.-lat, Ob, 1921 •02
93 l:N.Y.P.AO.-l8tlncac.,78
50
CtUc. A Atl.-lst, Ua, 1920
42
103
80. Pac. of Sfo.— lat,(
104
Ohio (eut— Income, IseJU
2d. Sa, 1980
9
2d, Oa. 1923
Nashv. A Dec.— lat,
115
....
Min'l niv.-Ino.,78.1921
Tex.A Pac— lat, 68,1905 100
Chlct W. I nd.-l 9t, 8.f , Ge
6
Ohio .so.--.'d Inc.. lis, 1921
B.AN.Al.-l.-S.f.,68,19I0
Consol., Ga. 11/05....
Oen'l n(..rt.. Ga, 1932...
•38 Hi aOla Ogdcns.A L.C.— Inc.. 1920
Leban'n-Knox— Ga, 1931
Income A Id. gr., reg
Col.A Orecn.- l8t,Ga,1910
Lonisv. C.A L.-G.9. 1931
lst,Rio o. Div.,G8. 1 iKm)
'O's.
PeuriaD.AEv.— Inc., 19'20
2d. 68, 1928
Trust bonds. Gs, 1922...
(lo
aa.sente
ETansv.Div.- Inc.. 1920
*47Hij 4»
5«*
Col.H.Val.ATol.-lat.
70
L.Erie A W.-lat.Ga, 1919
BlHl
Pennsylvania RR.—
PeoriaA Pek.Un.-IncOe
Del. I,.A W.— 7s.ennT.,'()'.jl
BanduakyDiv.- Ga, 1919 80
Pa.Co.'s Kuar.4 Hi9,l8t,cp
94 Hi- 05
!lloch.A Pitlab.-Inc.,1921
55
Mortgage 7s, 1907
120 loO
LafBLA .M.— 1st G8,1919 82 Hi
Regl9tere<l, 1921
{Rome W. A Og.— Inc., 7».
BTT.Hiiig..t:,V.Y.-l8t,7« 121
Lonisv. N. Alb. AC.— ist, Ge
91
Pitt.c.A St-L-— lst,c.,78 '.'.'.'.'.'.'iiB
8o.Car.Hy.— Inc., Gs, 1931
50
Morris.t KsBex— l8t,78 *13»
Mnnhat. B'ch Co.— 78.1 909 •76
1st reg., 7s, 1900
StL.A I.Mt— l8t,78,pr.i.».
2d, 7e, 1891
'IIOH
N.Y.AM.B^ll-lat,78,'97
40
2d, 78,^913
|Bt L.A.A T. U.— DlT. bda.
1

92 \

80

A

I'lilL-lst, Oa
General, Ss, lil24
Can. Ho.— Ist, tnt. guar. 5s|

Buff. r?.Y.

Reglatereif.

A

Sar —Ist, op.,7a ', 181
lat, reg,, 7a, 1921
Denv.A Rio Gr.— 1st, 1900' 94>i
Bens.

V

1

iisii'

1st, cons., gu.. Ga, 190G'

1

.'..H,

i

S'tllw.Ext.-lst, 78,1910
Fm:. Ext.— 1st. 88, 1921.
Mo.K.A T.-Gen'l.G8,19'20l
General, 5a, 19'20
Cona. 7s, ]i)04-.">-G
Con.a. 2d, Income. 1911. .|
H. A Cent. .Mo.— lat, '90;

iiiHi'ir^
102'a!l03
•72!.jl.

I

.

.

.

.

1

'

i

.

j

1

I

••

i

!

I

'

I

!

".jl

I

I

.

.

!

I

'

1

1

|

j

I

:

I

j

.

I

.

1

I

I

;

I

.

1

11

,

!

I

I

I

!

t

1

I

I

.

.

,

,

.

,

I

1

'

:

.

I

1

•

No

pricee Friday; tbeaa are Uteat qaotatlona

made

tills

week.

THE CHRONICLE.

294
New York
Bank Stock

Insurance Stock
by E. S. Bailey,

[Prices

Xjlst.

PRICK.

America*
mar. Exchange...
Butchers'
Central

& Drov's'

Cbaae

Cbatham
Chemical
Citizens*

City

Commerce
Continental

Com

Exchange*
East Kiver
£leventh Ward*
Fiftli

Avenne*

Fifth
First

Bymrth
Valton
Gallatin
Garlleld

German American*.
German Exchange*
Germania*
Greenwich*

Hanover

A

Imp.

TraderH*

Irving
liCatherManufrs*..

Manhattan*
Marine
Market

100
100
25
26
100
100
25
100
25
100
100
100
100
25
25
100
100
100
100
30
SO
100
75
100
100
25
100
100
60
100
50
100
100

25
25
100
Mercantile
60
Mercnants'
60
Merchants' Exch...
100
Metropolis*
100
Metropolitan
100
MuiTay Hill*
50
Nassau*
100
New York
Kew York Connly 100
g. Y.Nat. Exch.... 100
100
Inth
70
North America*
North River*
SO
26
Oriental*
50
Pacific*
100
Park
25
People's*
20
Phenlx
Produce'
50
100
SepnbllG
et.Nlcholas*
100
Seventh Ward
100
Becond
100
ShoeA Leatlier
100
State of New York' 100
Third
100
Tradesmen's
40
Union
50
United States
100
Wall Street
50

150
125

165

American
Amer. Exchange

2.^0.

280
150

Bowery
Broadway

140

...

50
100
25
25
17

20
70
100
60

Citizens'

City
Clinton

2000

Commercial

6S"

Continental

150
100

143

Eagle

Empire City
Exchange
Farragnt
Firemen's
Firemen's Trust
Franklin eft Emp..
German-American
Germania

105

.
.

Globe

Greenwich
Qnardiau

ted'

H.tmilton

Hanover

Home

160

Howard

ii's'

150
265

Irving
.lefferson

Kings C'nty(Bkn.).
150
152

Knickerltocker
Long Isl'd (B'klyn)
Lorillard

Mechanics'

WeatSlde*

Par.

Brooklyn
1^0
150

Mechanics'* Trarts'

.

COMPANIES.

Ask.

Bid.

not National.

Broadway

SECIjBITIES.

7 Pine St.]

COMPANIES.
Marked tbas () are

145
ISO

Manufac. & Build..
Mech. &Ti-aders' ..

120

Mechanics' (Bklyn)
Mercantile
Merchants'

bo'

58
131

162
100

P,acilic

Park
100 It

I'iO

100
40
100
30
60
17
10
100
100
60
50
25
100
15
50
100
60
100
30
20
40
60
25
100
25
50
60
50
60
60
37 "a
35
100
60
25
25
100

160
155

Rutger's

Standard
Star

110

Sterling

120
135

Stuyvcsant
United States
Westchester
Williamsburg

140
102
140
165
160
140
llO
120
60
220
230
70
90
103
75
40
105
207
130
106
230
65
100
120
130
50
40
115
200
82
100
75
100
40
105
50

20
60
60
26

Peter Cooper
People's
PJlcnix

130
152
130
100

...

Niagara
North River

UO

110
100

Montauk (Bklyn.)..
Nassau (Bklyn.) ...
National
N. Y. Equitable
N. Y. Fire

CUy

i«6

105
145
80
150
80
120
107
165
100
145
108
130
115

60
100
100
25
25
10
50

150
110
150
175
170
150
120
126

80

250
80
100
108
85
70
112
225
140
116
2!>0

65
110
130
135
60
to
125

210
90
110
80
110
70
112
liO

106
110
150
PO
160
86
125
110
17.i

SiO

103
155
115
136
120
100

45
50
110

60
53
120

120
120

126
125
225

200

135

W.— Gen.,6f
A Ambov—63, c.,'89
Cam. A Atl.— lsC,73,g.,'9J
Bufr.Pitts.A

120

Mort., 63, 1889

80

2d, 6s, 1904
Cons., 6 p. c

—

A Bound Ur — lst,7s
7.S, 188;^
KastonAAmb'y— 53, 1920 103
Del

East Penn.— Ist,

N. Y. A

Bonds
Harlem
Jersey City

Manhattan

&

Hoboken..

Metrouolitau

Bonds
Mutual (N. Y.)
Bonds
Nassau (Bklyn.)

1923-.
Cons. 63,
N. O. Pac— Ist, 63, 1920.

Income
Old Colony— 78
63

A

Pueblo

114'3 115

Ark. Val.— 7s
Ist

"9'3

STOCKS.

Atchison
Atlantic

Oil
Oil

94

72V 72 >a

A Topeka
A Pacific

7',

Boston A Albany
100
Boston it Lowell
160
Boston A Maine
161
Boston A Providence
Boston Kevero B. A Lynn

168'"..

York

People's (Bklyn.)

Bonds
Bonds
Williamsburg
Bonds
Metropolitan (Uklyu.)
Municipal
Bon*ls

Fnlton Municipal

&A

..

„

Bonds
Kqultable

Quotations bj
Broker St.A Fult.F.—Stk
Isl mort
Br-dway A 7th Av.— Stk.
1st mort
Brooklyn (Jity—stock
1st mort
Bklyn. Crosstown — Stock
1

20
756. (100 J. & J. 7'alJillvl, '81 145
60 4.m)0. 000 V:ir's 5 Juiic '2,'84 297
100 ^.500, 000 F. & A. 5 Aug.l'.i'84 233
I90i
1,000
700, OOO.F.&A. 3
107
100 3,.50(l.,000 liuur. 2i2!JuIy 10'84 125
1 000 1,500,.oooIm.&n. 3
1902
104
25 1,000,,000 Var's 2 June2,'84 106
Var's
700,.OOOIM.iN. 2VjMay 1,'84 83
100 4,000,,00" M.&N. 5 iMiiv 1,'84 158
10 1,000,.OOOjJ. A J, 3 IJiino2,'84 77
1,000
400.,ooo!m.an. S'-i'Uny l,'8i lOJ
1DI>,,000 J. it J
Var's
3
Apr. 1, '84 97
50 1,(100,,000 CJuar. 2>!i July2r84 130
1,000 1.0 10,,000 A. & O,
1900
106
July 1. '81 94
100 1,01)0, 000
100 3,0(10..000! Var's
J'nelo.'Sl 206
1,000
730..ooo;m.an
18«8
106
100 3,000, 000
.\ng. 5,'84 145
300. 0(10 J. A J
1000
107
100 2,000,,000
95
1

700,000 J. A J.
100 2,100,000 (J.— J.

1,000

1,000

1,500,000 J.

AD.

AA

Stock.

1(H)

Scrip

421

A Ortd

st.P'ry— Stk

lat mort
Boaat.w.st.AP.F'y-stk
Ist mort
»eouud Av. — stock
3il

Djort

Sixth A\ .—stock

A scrip

Isl mori.

Tilrd A v.— Slock
1st mort
1 weoty-ililrd St.—stock.
1st mort
- Tills

100
100
1,(MM)

KM)
600
100
1,(MK)

Consol

colomn shows

120
106

PO
161

HO
110
100
132

UO

96
209
108
150

110
100

113

1

13 Hi

19

City.

80

"m
25 Hi
67
84

1,00(1,000
I,000,'i00

748,000

M.AN.
AC.
«.— F.

J.
1,»«-2,000'J.

A
A

150,(HN)|A.AO.
1,050,000

100

l,500,(M)0

M.AN.
M.AS.

500.000 J. A J.
100 2,000,000. Q.— P.

l,00tf

1,000

100
1,000

A J.
AA
M.AN

2,000,000 J.
600.0001 F.

230.000

last dividend

on

Aug.,

itocki, tint

no

July,

165
112
165
150

'84 160
'«4 145

Nov. .1922

no

'84
Inly,
Dec., 1<J02
Aug., '84
Oct.. 1898
Aug., '84
June, '93

138

'84

250

1

118
130
110
192 "a'
114
Feb., 1914 101

Aug.,

J.
J.

216

Jan., 1602 106
April, '841155
Jan., 1888 103

'

fob., 1914 105
May, 'S4 250
April, '93 112

A.

1124,
169
105

'841210

F

500.000

1,000

.tus.,

Ji'ly,

'236,000 A.

250,000;

July,1900illO
July, '84 162
Juiie,190l 103

a.— J.

A

25 "a

luly,

84 130
'84 111
•84 195

12ii

141
119"a

133
116
193
116>9
102 "a

18 Hi
128

A Broad Top

13

Preferied

65

Lehigh Valley

6514

H.

Pi-ef erred

58
59 Hi

Little scliuylkill
sch. Haven..
Minoliill

A
...
Norfolk A Wesl'u- Com

00
60

553,
12Hl

Ponn.syivania
Phlbulelphia A Kiie
Phila. (.ici-.
Norristowu
Phila. Newtown
N.Y
Phila.
Heailing
Trent on
Phila.
Phila. Wijin.
Bait....

A

Aug.,

'84

•9o|ni

300
113
175
113

date ot maturity of Ounos.

13',

103 S 1C4

Plttsb.Ciu.A St. L.— Com.
United N. J. Companies..
West Chester Cons. pref.
West Jersey
West Jer.sey A Atlantic.

13

13=<

's

CANAL STOCKS.

RAILROAD
A Chart.- Isl

50
50

cen. Oliio.— 68, l8t,M.AS.
Charl. Col. A Aug.— let..
45Hj

46

4204

43>4

Cln. 'was'h.'A Bait'.— Ists.

3d3
2ds
No.Central—6s,

12

RAILROAD BONDS

'96

116

116

OS, 1900,
6.S,

20

Inc. 7s. eud., coup., '94
A Pitt.'-b.-lst,68

2d. 6x, 1885
Sd,63. 1887

i'2'6'
I

113" lis

l90f.

1913
Butr. N.y.A Phil.— let,68
2d, 7s, 190S
lis,

gold. 1000, J.AJ....

109 Hi

|

106

103», 104 Hj

89

Hi

B

93

98

USHl

62

63
29
yj
68

28 Hi
92 Hi
57 Hj
101
115
115

1.1

1H»

'oo'

lei's
lOI".
lilHl

I'SHl
1-20

120^

A

Series'

61

12Hl

Pittsb.ACon'ells.— 78JAJ
Union HR.— 1st, gua.J AJ
Virginia
88

Tetin.

— 5s

Ist, g.,
J
2d, guar., J.

A

J.AJ.

2d, guar, by W.Co.,J.AJ
6s, 3d, guar.. J.AJ

A A ag.— 6s
A Weiuon— Gold, 7a.

Wihtl.C

1h(. 'IT. H». Ivt22

Wll.

Per ah^ure.

A

W.Md.—6.S,

Cons. 68. 1921
t

'85, J.AJ.

AO

1'2S

Canton end(»rsed

101

1893

A.

5s, .Series
.^s.

Ist, «s, TO','., 1908....

Ii9
133

109
83
Balt.AOhlo—0s„'85A.AO 103

Atlanta
Inc

37

00
176

50;

—
BONDS.
—

ColumbiaA Oreenv.— Ista

Penn.sylvania
8€rtiuylkiil Nav., nref...

Kx-dividend.

Ohio— Com

•2d3

Navigation

Consol.,

100]

121i«
8
60

Parkersburg Br
CentrJil

Pret

—

I's,

A Chatlolte
A Ohio

1st pref
2ilpreJ

Western Maryland

A

Belvid'e Del.— 181,68,1902

i'l's"

63 >,
66

75
103
78

ILR'D STOCKS. Pal

Baltimore

62

105 >9
116
.-2

114
121

BALTIMORE.
ilA

Vtlanta

Northeru Central
North Pennsylvania

70
1(,B

Cons., 78, leg., 1911
Pennsyl v.—63, cp., 19 10.
.Schuylk. Nav.— lst,83,rg.
2d, 6s, reg., 1907

581-j

Nesiiiichoning Valley

Ist,

108
109

1901

Lohigh Nav.— 6s,rog.,'84.
Mort. RR., leg., 1897 ..

i\: Williatnsport.
Preferred

7s,

95
63

100

A Del.— 1st, 6.3,1886

Chea.

Elinira

Uai>— Ist,

'a.

75

CANAL BONDS.

Delaware A Bound Brook
East Pennsylvania

ll:)",!

.Jan.,

28.'i

68, P. B., 1896
Gen., 7s, coup..

l8t prefen-ed
2d prefeiTed

Boll's

104

Income, 68, 19-23
Income, 58, 1914
Sunbiliy A Erie— 1st, 7s.
Snnb. llaz. A W.— Ist, 5»
CO
2d, 6s, 1938
Syr.Gen.A Com.— Ist. 7s.
Tex. A Pac— l3t. 63,1905 101
66
Consol., 6s. 1905-.-.
Union A Titusv.- Ist, 73.
United N. J.— Cons.6s,'94

1st, 7s. 1899
Cons. 6a, 1909

Catawissa

A»htab.

106

93>«,
'e'o"

W.JerseyAAtl.- l8t,6s,C.
Western Penn.—68, conp. 108

263
117
140

May, '88 105
Mch., '841150
u ty
'90 110
Aug., '84 170
May. '93 110

4«B

Atlantic
PrefeiTed

no

July,
-00
April, '85 100 Is 101 H,

'

Phil

Prcl'eiTcd

A
A

93

Warren A F.— Ist, 73, '96 106
West Chester— Cons. 78.. 112
W. Jersey— 1 st, 6s, cp.,'96 113H,

Camdcu A

AUegh. Val.-7 3-lOs,
78, K.ext., 1910

263

I123
119 1-20
Cons., 7s, reg., »911
120
Cons., 78, coup., 1911 ..1 119
Cons., 68, g., I.R.C.I9III
Imp., 63, g., coup., 18971
Oen., 6s, g., couii., 1908, 81=4 82 1«.
86 Hi 92
Oen., 73, coup., 1908
Income, 7s, coup., 1896
60
66
Cons. 5a, Ist ser.,c.,1922
Cona. 5s, 2d ser.,c., 1933; "60'
¥6"
Conv. Adj. Scrip, '83-88
Debenture coup., 1893J
Scrip, 1882
49
Conv.,73, R. C, 1893..*
Conv. 7s, cp.ofi", Jan.,'85

Cons. 68, gold, 1901....
Cons. 6s, gold, 1908....
aen.,4s, old, 1923

RAILROAD STOCKS, t
Alleglicny Valley
Ashtabula A Pittsburg..

A

103H»

il8"L""l.

Slnm. Val.-lst, 78, 1909
Oen'lOs, 1921

Pnil'ADELPIIlA.

l4ehigli

A

A B.— 7s.cp.
.shaniokiuV. A Potts.— 7s

A Mas^

Huntiugii'ii

103
j

Pitts. Titus.

14.1^

Old Colony
Portland Saco A Portsm.
Butlund—l'ref erred

A

10S»4'

<

Phil.Wil.A Ball.—48,tr.ct
Pitts.Cin.A St.L.— 7s, ren

Worcester...

Buffalo N.Y.

Cons., 6a, 1920
Coua., 53, 1920

\

125

Lonisi.anaA Mo. River..
Preferred
Maine Central

Prett-rred
Bell's oaii

...,104

C—

!

Preferred

1

a—

Av

301
237

H. L. Grakt, Broker, 145 Broadway.)
100
'84 21
900,000 J. A J.
aly,

10 2,000,000; Q.— F.
1,000
800.000 J. A I.
100
•200,000 A. AG.
1st ntort. bonds
1,0()0
400.000 J. A J.
Bushw'kAv. (Ukin)— Sl'k
100
500.000 Q.— F.
Central Closslov;n — Stk.
100
600,000
J.
1st mort
1,000
250,000 M.AN.
Cent.Pk.N.A B.lliv.-Stk
100 1,800,000 Q.— J.
Con.Hol. mort. bonds
1,000 1,'200,(KI0 J. AD,
Ohriat'ph'rAlOth St^Stk
100
650.000 F.
Bonds
1,000
230,000 A. A Q.
DryDk.B.B.A Bat'y—Stk
100 1,200.000 Q..—F.
1st uiort., cousol.
iOO&C.
900,000 J. A D.
Scrip
100 1,2(KI,01K) K.A A.
Kl^htli

123
155

123

1

38

3713

Mem.
Kan. C. Biiringf.
Ft. smith.
Little Rock

Vermont

68..

coup..

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

A

Preferred
Fort Scott A Gulf
Prelerred

A

6s,

N.Y.— Isri
Phila. Newt.
Phil.
R.— 1st, Os, 1910.
Bd, 7s, conp., 1893

A No., ^ret

A Sloni
A
A

Creek— 1st,

Perkiomen— 1 st, 6s,cp.'87 101>« 102
43 Ht

12 «

Fltchborg
Flint A Pere Maniuotte.

Iowa Falls

CltyAChic— Ist,

Phii.AErie— 2d.7s,cp.,'88i

Mass

Eastern,

Hj

7,1906

Connecticut River
Conn. & F.tsautnpsic
Connoiton Valley
Del. Lansing

121

Petmsylv.—Gen., 63, reg.
Oen.,68,cp., 1910
Cons ,68, reg., 1905....

A

I'e'i

.

Cheshire, preten'Cd
Chic. A West llichiean..
Ciun. Sandusky A Cleve.
Concorfl

130

56
No. Penn.— 1st, 68, cp.,'85 lOlii 101H>
1-20
I2IH1
2d, 78, cp. 1896
I21I4
122
Gen., 78, 1903
...... 107
Debenture 6s, reg
Norfolk A West.— Oen.,68
N. R. Div., 1st, 6s. 1932

„
A So. Pftc.—7s 115S
Ogdensb.A L.Ch.—Con.68

'

Saip

New

no

'

129
121
54

CAR.,

78
N. .\iexico

Rutland— 68,
Sonora— 7s

96 In

90

1'22

2d, 7s, reg., 1910

N. England—63

Preferred
Citizens' Gas- 1,. CBklyn).

perpetual

58,

109 la
K. City Lawr. A So,— 6s-.
K. CitySt.Jo. AC. B.— 7s 115>a
96
IthacaAAth.— 1st, gld.,7.s
Little R. A Ft. S.— 78, 1st
97
Junction— 1st, 68, 1882...
K. City Sp'd A Mem.- 6s
se>4
2(1,63,1900
Mexican Central—78
93.
Leh.V.— l8t,68,C.AR.,'9«
Income.
S(^rip

106>*

A Wmsp't^l 81,63,1910

112
100
96
HaiTisb'g— lst,6s, 1883..
H AB.T— l8t,73,g.,1890 114
Cons. 5s, 1895

El
East'rn, Mass.— 63, new.. Ill's 112
114i«
Fort Scott A GuU— 7s

Worcester A Nashua
Wisconsin Central
133
93

—

A

New

Nebra.ska, 63. Kxeinpt
Nebraska, 6s.Non-ex'pt 103 Hi 104
83
80
Nebraska, 4s
Conn. A rassumpsic— 7s.
Connoiton Valley— 6s -...

Norwich

Var's 5 May 1,'84 130
Jnlvl,'81 ill
1.200, 000 Var's
3
1,000
259. OOo:A.diO. aWH'g F., 'i"9 107
60 2,(iOIP, 000 F.
3 Aug. 1.81 121

Burl. Co.— 68, '97.

(^Jataivlssa— Ist, 78, con. c.
Chat. M., lOs, 1888
coup
78, reg.
Charfrs v.— Ist, 7s, 1901
Connoct'g 63, cp., 1900-04
Cor.CowanA -\nt.,deb.6a,
Delaware- 6s, rj^.A cp.,V.

117

-

ISO
N. Y. A New }';ngland ...
Northeru of N. Hampsh. 116

2,(100, 000

A

Cam.

Preferred
Nashua A Lowell

25
20

106
108 H) 110
115

Cam.

Manchester A Lawrence.
Mat q. llim',*bt'u A Outon.

(iam and City Railroad Stocks and Bonds.
tO»« Qaotalions by hko. 11. PitKsriss *_uo., Brokers, 49 Wall Street.]

SECURITIES.

Ask.

Bid.

BOSTON,
Atch. A Topeka— Ist, 78.
Land grant, 78
Atlantic A PaciHc—68 --.
Income
Boston A Maine— 7s
Boston A Albany— 78
Boston A Lowell—78
Boston A Providence— 78
Burl. A Mo.— Ld. gr.,7s.

I

23.1

IIX)

Brooklyn Oas- Light

XXXIX

Quotations In Boston, Philadelphia and Baltimore.

Local Securities.

Lilat.

[Vroi.

* In

d

itaoic.

i

Ex

rignw.

108 >»
r20

SeptesibER

THE CHRONICLF*

18, 1884.]

KAILKUAU EAKNINHS.

Now York

and the totals from Jan. 1 to
latwt dato aro given bolow. The statement includes the gross
efmiings of nil railroads from which returns can be obtained.
The columns under the beading "January 1 to latest date" furnish the gro-w earuiQifH from January 1 to, and includiaif,

The

railroad earnings

latest

the period mentioned in the second column.
Latttt

Boadt.

Samingi ReporUd.

Week or Uo

1884.

1883.

to Latett Dolt.

1884.

*
*
S
80,007
079 814
92.043
1,301,030 1,32.1,71(1 8,9 18 .15
.Filly
47,2 Ml
34,485
281 .459
W AusriiHt
30,469 1,091 .303
78.101
4t wkAiiK
112.O00
110.000
3,.507 ,832
iHt wW Slip
32,49
3,5.210
383 ,130
CiMitral Iiiwa ... Itli wlcAiiK
2.138.000 2,267,543 14.421 ,920
t)««mmll'!icltli... Auitust
WitH AUl<.
21H.1-.3
258,543 2,280 ,297
Cliesup. ik Olilo
58.H70
41,535
436 ,48'
Ell7..lA'X..ll!8. ;i wks Aui?.
42,277
42,355
842 843
CIu'B. O. ,VB.W.. Itli wkAu:<
.%0-i8,
20S,S87 228.828
440
niloftgo A A I; .111 iHt wk Sop
Alft.Ot.Simthern
a Atoh. T.* 8 Fi>
B<"t. II. T. &
Bur.(>d.U..tNii.
Cimiwllan I'aclllc

All)(tl8t

.

1

Chlo. Hurl.

A O

Kiist.

C'Ulri..<i

1th

30,024
475.000
51J.800
10 (..WO
37.-93

1

lOO.i'Ot

16.1.963

231.00"

241.133
6i,6H3

ItliwkAiiR

wk Hep
wk Si^i
l«t wk Sep

Chlo. Mll..ik8t 1". 1 9t
Chlo. <t Noitliw. 1st
Ch.8t.P.Min..(.(l.

CUlo.* W. Mich,
Cln.rnd.8t.I>.AC'.
On. N. O. A- T. P.

On.Wanh

.titiilt.

Clev.Akn.iuv

i.i

wkAiig
wk« Aug.
August
4rU
nil

wkAug
wkAug

.)7.09'i
1,').415

.fiiiie

2',(2,2I2
27,.'S20

DeuveiAItioiir.
Pes Mo. A Ft. I)

Jiiiin

583.7!»7

Det.Luiis'gA-

Itli

Clev.('i)l.(V,t lu.l .IlllV

Va

Coiinott..!!

N't)

til

wk Auk.
wkAu?

Diib.tSlouxCity nil wk.ViiK

Bxitem
B.TBnn.V«.&«a.

.\u^ii.t

raiuv. AT.

Itli

nint

,t

wkAuK

21.511

P. Mar.i. 4tli wk.\iiir

^3,\0-2

Flor.R-Wiiv

rt Worth i
Grand

A

wk

wiiAui,'.:?o

11.518
33.800
363,046

wkAug

7.'I0S

.V. :^(l

Aug.

n.u. AllKUBt

Trinik

..

Or.BavW.tSt.P. lih

...

OnlfCi.l.itSaiiFe .VUitUSt

Hous E.AW.Tiix .Inly
6 m. Cent. (111.) iKtwk Sep
(Iowa) Wt wk Sep
Do
Ind. Bloom. A W llliwklnly
wk Auk
K.C. Ft.S.* (iuK
Kan.

C.

8..-..J7

37,6 l.'i
22,la8
346.J8.5
301.70.5

Inly
11

M

8p *

Keiituoky

.M. art wkAiiK.
Ct'iit'! :twkrt All:;

40,183
.'00,774

548.300
103.900
50,892

17,4-14

678.781
8,081
55.880
28.150

3,034,512

196,9')9

2,-).G14

.-.4,8.-)9

24.115
227.8-6
40,232
60,' 6

39.44.!

31,91,'.

36,301)

i

1,078,977
1,419.307
1,40^,527

70M07

24.048
C3.4.')9

1.005,707
149,0
6,5 .'0.70<i

67,859
31,518

536.2'.'l

23,87.)

17fl.3i4

88.001
49.800

271,660

2-'7,.vO0

1.978.8 '12
261,73!
9,011.069

wk Aug.

Memph.dsf^'hnrl. .•VURUSt

...

.Vlll-^UHt

wk Aug.
2d wk Aug.

Mex.Nut.,N'oI)f/ 2d

Boutheni liiv.
Other lln.-s <•.. •JdwkAuL-.
Mllwaukei- .V N'r. St wk Aug
Mil. L.8h.i\Vest. Rt Wk Sep
Mlnu.&St.LouU July

28,974
119,778
240.000
9.581
14.889
3,122
8.83.-)

209.705

l.'i

,i73.722

102,478
157,701

1,8 12 2';5

39,1

872.015

.

.

1

.

.

l,')«l,'2O0

H.47:t.5(>o

9,179.000
3.0/9.200
11.017.700

I.IUU

2.'248,000

260,400

1 ,

Meoliauiott* ....

8.1Ii|,Ufla

3,0H.'i.il0O

87O.(H)0

Union
America

4,404„'>OU

t*OI,400

9,09 ,300

riienlx

2.4.'2.(M)0

ciiy

7,0«.'4,»()0
:f, 10.5.7110

4,699,100
549,000
7.385,200

1:8.300
8 S.OfK)
273,900
487,000
130.900
120,700
809,700

1

'Iribtenniou's

.

Fulton

27(),«00

742,700
6.172,000
200,700

La's 1,800

..

Choinloal

14,881,000

-Morchftnts' Excli.
(tallatin National.
Hiitrliers'dk Drov.

2,91.5,'200

4,727,000

A Tr...

Mechanics'

(irt^» nwlch
...
I.onthor Mannfrs.
Seventh Ward

S

102,000
09,500

907,200

12.618,,'SOO

,000

1 1

2.111,700

870,900
141,809

2,3.-.0.700

3,.102.200

7H2,.'>ftO

449,'JOO

Amerlc'n Kxoli'ge,

1.8:10,000

('i)iiiiiif'rce

18.244,-2O0

4,(13tl,.!00
8:11, ,'•.00
1,476,0 K)

1,431,000
1,397,300

4,243.'2O0
10.98:(,000

4:<:i,400

1,175,800

201.700

Hi-otdway
Horcantile

6,076,100

I'aclUc

2,33S.S00

Hupubllo
Chatiiam
...

4,B27,2')0
3,316,9(10
1.51)7.900
2.1)21,400

..

7,134,300
2.G-«,000

6,.'.O2,200

Metropolitan

3,n'24,OoO

('Itizens'

Nicholas ....
A Lfither..

2,5;K,800
2,256,100
2.741,500
1,776,000
2.547.000

...

4,03S,ni>0

Continental
Orleulal
Importers' A Trad.

4,141.100
1,867,500
17,130.100
14.601.300
1,519,000
1,187.900

.....

.

Com

Kxchauge

Pa k

.

Nortli River

Kast River
Fourth National..

292,.500

621.000
22.X900
45,000
2,600
B25,000
10,000

1

l:l,rf8!).000

Y

state of N.

2,'.l,'.3.000

790.200

1,801.400
1,493 000
17,631,100
2.194,100
3,223,400
1.556.800
9 0.000
991,400

370,000
70,900
:01
10

I,0i0,lll0
4 22. '.00

1.0:1,^,000
<.)47,0O0

1141,100

1,175,100

898,500
900,000
401,000

13,450.000
4.015,500
6,016,100

220.900
448,800
121,800

311,200
251,200
406,4 00
130,000

1,063,000
4:J3. '00

4, 3,'2.800

33«,8()d

:i.43»,800

152.800

1,709,000

45,000
8,400

45:j.700

46:<,200

3.3'.ii,:;oo

3,237.200
434,500
129.000
236,700
206,300

7i8,:oo
414 OtO
19i,000

8,970,400
2,590.000

3ll8,.''.00

1,1'20.000

1,305,000

1,500

32:i,900

2.-)'2.70'i

2,074.500
2,528.400
2,181,000

450,000

112,000
629.000
798.700

2.>I,00'I

1,59 5. »00
2,62 '.,000

439'2o6

l,102,:ioo

31:<,'200

lOl.oOO

3'i

2,a.-.1.700

308.400
326,:W0
199,000

6'26.500

260,400

82,100

200, 1 00
l,)16,00O

3,951,400
4,914,900
1,718,800
20, 10 ".,200

1,332,000

3,851,000
24,000
02,800

l,'527,20O

18.401,500

25 ,000
120,500

1,740,0.10

830.800

2'22.fl<)6

1'2,370,II00

f.,0l.^,200

1.1«0.100

7,107,000

l,Oi«,000

4.982,1100

1

45,000

I.'HIO.OOO

14, .118.200
7.6 15.0(KI

360,000

Central National..
Secou'l National..
Ninth Nathnial...

1,«G9,01I0

300.001

205,000

i.oa.t.ooo

4,401.400

4O!.40O

5»i2,700

3.798,00.

First Natlonril....
Tliinl National ...

15,10.').700
4,-204 00

3,.v.ir..ioo

712,800
460,700

15,7'i:,0(X)

46,000
435,000
449,900

N. V. Nat. Exch..

1,340,200
I.HOO.IOO
1, 805.000
2,019,000

Bowery
N. Y, County
r.iian-.Vmerlc'n.

11

Clinso N.itional...
Fifth Avenue

1.3:0.700
194,600

00
2.393.000

75,'i.300

*l.ernianla

1,010,300
1,794.700

United States

.S,'20 i,9

Lincoln

1,570,100

(iartlel.l

9:3,100

104,000
243,500
1,193,400
401,0 10
53,200

1,057,700

109,9 .0

3,'203,

German Ecch'nge.

Filth National.

1

470.000
92.000
3,-.

-.,700

96.0

5.-,:l,000

>0

4.830.000
1,167,000
1,758.400
2,-28.000
2.502.00O
4,021.300
2,45i,0IW
2,097,600
2,221,500
3,524,900

22-2,700
231,:«)0

209.000
210.000
538.400

297,0110

428.000
173,:iOO

151,000
209.400

269.400
221.'200

180,000

43^600

448,400

1.96-2,200

166,'200

789.400

178,000

l.l'27,30O

4.'»,00«

177,60P
135,U0u

1

Total

289,3 47,300 75,706,000 29,963 .800 304,56 3,600 14,275,100

The follcwing are

totals for several

weeks

past:

487,55(:

196,026
304.341

1884.

270.270
6>8,419
907,279
9,74.5,500

58 020

Loans*

DeposUi.

SpfcU.

VireiUation Agg. CUar*tt

A'g2:l 287,095,900 75,9:^8,000 31,705,100 304.451,200 14,'!80,000 l:<7 .7 17,953
:W 287,803,200 75,9 10,500; :U>221,960i:W4.'l 52; ioo 14,3-.5,400 455.710.201
Sept.8i28ll,3 17,300 75.706.a0oi29,903,800i:<04,563,0»0 14,275.100 403.912,6-28

Koston Banks.

1.254.194
1.297,458

—Following are the totals of the Boston banks:

Loaiu.

1884.

Dfpoaitg.'

Specie.

CircilJntion Agy. CUar'gM

1,9-15,470

11.071.827

3,6n,oa2
654,684
3,419.138
5,6 18,9 .7
68=.,979

2.494 llrt
1821,0^)4
1 ,907,970

A'k2S'1.38,744.-'0'1

6,844,400

Seut.l 137.928,800
" 8'l:i8.715,400

0,974,4011

1

Philadelphia Banks.- -The

454.1 '8

8.

13.944.H.54

H.011.55 4
2,037.088

440,501
401,808
883,471
170,917
359.740
878.247
9.33.0'.'7

520.022
140..-.01

2.43O.900
82.-., .'.O')

5,154.921

708.309
501, OnO
1,74), 6.59
i,on,2,'^o

328,197
15,400,757
659, -.18
291,38
!

31. oh;
6,-,0,00

'•

8'C2,473

7,150.900

4,012.100
4,247.500
4,595.900

81,842,800

2:1.0:17, :i0'i

55.3i:(..82l

85, 350, soil -2:1,001,101
86.1-23,000 23.217,7011

47.877.953
55,608,044

totals of the Philadelphia banlis

are as follows:

Autr, 25.
Sept. 1

2,272,271

S

$

28.483,52'.)

a InoUides Southern Kansas lines In both years, b Includes Southern
e Including both division.^.
dCdrpu.» ChrlstI to SaltlHo,
897 miles; up to May embraced only 236 inllos, La.-edo to SaltlUo
« Only 164 miles now, but prior to May represented 297 miles.
/Whole Sonthwesiem system.
g Not tuuluding earnings of Now York
Penn. A Ohio road.
A Not including Central New Jersey In either
year prior to June 1,
i Included In Central Paclflc earolngs above.
Embracing Uues In Missouri, Arkansas and Texas.

DlTlslon.

11,012.000
7,6AO.0O0

2,012,000

shoe

1

.

487,000

St.

250,442
9,0i8,780
5 2.509
755.944
1,251,780

•
2,130,000

5.i8.OO0

Nassau
Market

20.^,350
1,95I,3.J4

«
2,210,000

Irving.

49i;419
274 455

DtpmUM
nthfr
U. a.

Ihtin,

9.220.000
7,705,000
7,071,700

320,609

8.773
730.49-i
20,000
110.071
998,701
Missouri Piu'.r. June
2,653,271 2.577.070
\Vab.8t.l...Vil'. :{il wk Aug.
413.477 3S7,477 9.801,789
Mobile & Ohio
.VllKUSt
142,354 150,58) l,243,-<32
Nash. C4i.&8t.L. July
187.475 195,4ti8 1,332.056
20,575
K.O AN.irthea.<t August ...
241,172
10,300
N Y.iN.-w i;ug Inly
270.217 320,151 1.807.7K:
N.Y.L.ErieA\V,.« July
1,458,180 1.094.087 9, 129.2 16
N, Y. Pa. A O. July
4811,077
6)2,89.=. 3,127,798
H.Y.8u8f|.A\Vi..st July
97.017
89.1»9
548,94.5
Horfolki W.sr Istwk Sep
71,802
61.441
Shenandoah V 8t wk Sop
211,396
22.5^5
477..''. 10
HortheriiC'eutr'I July
474,321 3.097.771
North«ru Paciflc Istwk Sop 27.'.880 214.000 8.254,173
Ohio Central
.SO.SS'i
nil wkAug
727,48.-)
38.158
Ohioit MiH»
90,i!.^2
Istwk Aug
118,622 2,3.i3.5--'5
278.72-.
Orejfon Imp. Co. June
358.217 1.66;. 08.'.
Oregon R.&X.t'o •May
43 1,144 439.001 1.780.724
Pennsylvania... J"'y
3,989,085 4,13.(,95.) 27.322.:i3l
Pe<.rlal>ec AEv. nil WkAug
27.03.'
3i).453
499,147
Phlla. <Se Krie
July
324,721
329,012 1,941.533
Phila.A Ke,'idV/i July
2,767.792 2.979.094 12,877.908
Do C. * Iniii July
1.4S3,684 1.439.747 8.487.60.'.
Bloboi'dADanr, July
250,92.i
272.282 2,070.025
Ch.CoI.A AiiiT. July
39>i,778
40,879
40,78.'.
Coluiiilila&Or. Jnly
S'l.S^SO
35.023
329,735
'Va. Midland.
July
131,310 140.777
804.010
West. No. Car. Jnly
3.1,719
30, .553
226,053
Roidi. & ntt^lig Istwk Sep
23,955
19.i:i7
703,200
Borne Wat.AOg. Jiihl'.2,f-S2
142.170
890.853
8t.L.AltoiutT.H. UIi wkAUK
33,793
80-1.432
47.377
Do (ItrciiR.) Itliwk^ug
18, ."130
23,092
4!^3,002
et L. Ft. 8 * \V 1st wk S.jp
10.700
6,190
318.31')
Bt.L&San Fran. Ist wk Sep 110.922
84,389 3.030,072
Bt.PauKt UiirtU St wk Sep
764.. '86
27,591
32,972
Bt.P.Mln.t Miiu. Vugust
504.421
629.613 4,823.950
fioutli Carolina
July
59,255
75.044
030,594
Bo.Pac Cal .X D, June
127,330 121,194
614,379
Do So. Div.i. .Mtty
315,744 382.875 1,482 987
Do Arizou.H.i. May
102,449 244,80.>
798.750
Do N. -Met ». Mav
6J,113
77,785
294.010
r«i.&8t. i/'uu.j 4th WkAug
53!,74fi
24,909
Union Paoitlc... July
2,388,343 2,491.035 13,441.137
Utah Cent nil.
Julv
89,274
85,039
50.),6lo
Vlcks))'rg\-.Mer. .\UgllHt
35,134
32.:J0J
291 0,5
Vloksh.Sh APac. .Vugiiat
20.235
10.087
99,440
West Jcri-cv
Inly
178.532
178.147
700.0.(9
Wisconsin Cent'l 3 wKs Aug
05.151
75.041
8-9.819
2. J, 400
155.483

~

aptcie.

Manli»tt»n Uo
Merchants'

Hanover

1.200,104
169,011
6,190,907
1.291,903
1,005,133
1,131,934

Ifel

Lnaru and
DUcount».

North America

675.940

following statement shows th«

Averate ,4immnt o/—
Banta.

Peoples'

331.728 1.944,078 1.972.391
302.504 2,434,909 2,309.038
23.917
490.229
479 870
68.388 1,501,215 1,635.981
62 -1,0.18
5.^0.331
15.477
31,268
315.800
226.191
387,860 10,9T9.2-'4 12,281.128
11,164
213,038
247.52.i

141,235

205,000

892,175
554,133

24.190

t

390.010
'421.597
781,241

203.48':

90,91!)
r.0,800

ill

.818,881

H8

2,069

liODg Island
Istwk Sep
1*. i Mo. Kh«r May
lAlul8T.,tNa9hv. Irtt wk 8<^p
i).

799.130

314 7T8

361.004

S2,^2'i

Ci-u'.r

214 043

1,010 ,876
1,462 4(12
1,00 J, 341
1,101 202

Smith .Inly
l,.Rk.M.Klv.&T. July

Hoxloan

,694,704
.709,368
,463.220

220
973, 711
14.079, 000
15.015 399
3,690, 014

l,.Kk..\: Ft

Mar.Hougli.A

«
643.017

l,73r..iy9 1,821.70-. 13.351

.lulf

Ill

1883.

Banki.—The

City

conilition of the Associated Banks of Now York ('ity for the
week ending at the commencement of buxineas .Sept. 6:

New York
Jan. I

295

•

Loan*.

\Iyiwful Mojiey.

$

$

71.807.:«5

20,804,871
21,333,213
21,368,812

72,177.4,'S9
72,;l04,3-20

I

DfpoHtt.' \OircuUlinn. A09. Cletr'^t

•«

S

'0,793
B-t.979,007

8,091,086

41,493,176

8,0510,33

.'

3.i.3,55.4B«

67,854,176

8.111,615

43,822.112

B.'S.S

Inclndlng the item "dne toother banks."

Unlisted Securities.

week

— Following are

Bid.

Securitfa*.

&

Atlantic

rac.-slo,-k....
We-st. liiv , 1st iiiorl
Inconi'-R

7>-i

llVl
10

35

lil.icks,

p.
Acc.iiniil. lanil

grant

21

Am, Bank Note Co
Am. Safe l>ep. per. doii.hds
Hank.

Jt

M

rch.-lstM...

(ion. inert
Bo'.t.
Ulil

H,

.

A K,— Now stock

11

stock

West.— St'ck

6

Dobeninres
N V * Phlla
EIov,— Ass'tpil
Chicago .t Can. .so-Sl'ck

8

Host. ll.T.<t
Bnff.
ll'klyn

,ft

uloUranile— Cons

5s
lllo Or, W....
Ben. K. H. A W.. It M.,
Ouar. by D. * H. a
I'ili^on Electric i>lght....

25

DenT.t

Georgia Pa<\

— -^tock.

30
00
75

..

87

Ist iiiDri,,Cs

A W, Income
Kwly Motor

I. rt.

Rock

,t Ft.

bon.is.

Mahnnlug Coal

33
100

13
83 >,
42

& RK

.

S".

S ulhern Tei.— sitock
Ist luort

State of I'eun.— s«t'iu'«»3«
seltlefiient, 5s
Settlement, Oh
(Su Joseph A Western
1

St. Jo.

&

Pac, Isl

fflort.

2iliuoit

A

Isl inert .......
'2d nii.r:

....

34

30 «

78'.
9
22<s
3i*

..wmm

^

4
3S

People's 'i-elephoue

Tex. 8t,l..,M..tA.iliv„n.p
Mendiai:..
Pref

.

1

a^s'

KtmoTt..08
Posul I'el.A Cable—Stock

Vleusbnrg
17»i

4

6

18

18

7

1?^

77

"..

2

18

40
54

3'.

Posfal Telegraph— Stock.

9^
13
45
27
K

20
!0
37

A Atl
Pitisliiirg A Western

«'* Peusacola

Smith

Metlcaii National
Pref
1st niort

8"! MIeli. £ U., sub full paid.
Ist inort
Mut.Un —st'ck trust ctfs
M.K, AT.— Income scrip ,.
25
N. V. M. Un. Tet.-SfKjk.
N. y. W. Sh.* B.-si(H)k.
North. Psc— Div. bonds..
95
North Ulv. Cons.— 100 u.c
U'g Ohio Cent.— Riv. Dlv.. l»t

Kans. A Neb.. 1st niort.
2d mort
rezas A Pac.— Scrip 1-84.

2d inert

Little

a

dik

Bid.

3«curi(it*.

.in*.

5.3

Conltneniai Conat.Iinp.<.-o

Deuv

latest quotations for

past:

10
15
21
50
61
7«
70
87 1*! 91
13
96
39
87
87
38
31
2>t

5
01
55
14

THE CHRONICLE.

286

second mortgage on all remaining property to be converted into first mortgage by returning existing bonds, tor
whicii ijrovision is made by its terms; also a first mortgage
of the Cedar Rapids & Chariton Railroad, and the bonds
secured thereby; a first mortgage of the Cedar Rapids Iowa
line,

luiTCstmcuts

RAILROAD

IlVTEH-LiIGENCE.

&

Falls
of the

ThelsvBSTORa' Supplement contains a complete exhibit of the
Funded Debt of States and Cities and of the Stocks and Bonds
of Railroads and other Companies. It is published on the
last Saturday of every other month—viz., February, April,
June, August, October and December, and is furnished without extra charge to all regular subs bribers of the Cheosiclb.
Extra copies are sold to subscribers of the Chorsiclb at 50
eents each, and to others than subscribers at $1 per copy.

ANNUAL REPORTS.
Cinn. Indianapolis St. Lonia & Ciiicago.
(For the year inding June 30, 1884.)
Ttie remarks of tlie President from tlie annual report of tliis
company were given in last week's issue.
Tlie comparative statistics of operations and income for four
years are made up for the Chronicle as follows :
ROAII AND EQUir.MEST.
1880-81.
1S81-82.

Locomotives
Pass niail&exp.cars

297
C3
77

rrelslit& other cars

2,675

Ulles operated

1882-83.

1SS3-S-I,

313
75

313
75

85
3,131

S8
3,C36

343
71
75
3,217

OPERATIONS AND FISCAL EESULT!?.

Operadont—

1831-82.

1880-81.

1S83-S4.

1882-S3.

915,721
853,530
918,927
7.59,332
29,870.436 34,845.ti35 35,997,821 35.808,500
PaB8eiigi.riMilcnR0.
2-32 eta.
2-52 ct3.
2-3S cts.
2 37 cts.
Rjitep puss, p.mile
1.221.7T5
1.239.393
3,201,319
1,255,984
iTe.iElit (tasjiiiovcd
Freife'lit (tiis) mil'KO 128,936,363 134,134,071 129,853,902 139.936.6J3
1-21 cts.
109ct8.
1-21 cte.
l-JScts.
jlv.ratep.tu. p. mile
PaBScugersciri-iea.

$$99

Earnings—

832,092
1.5:8,569

l,4:t9.548

204,296

226,790

225,975

2.525.991

2,017,457
1,643,805

2,498.589
1,595,399

973.652
62 80

993.190
63 b5

1883-34
$
903.190

7S7,C90

Tot. gross earn'gs
Oper. exp. <& txs.

2,365.058
1,403,568

l,525,3t!2

901.490

l,00r>,6f9

£.9-44

(iO-3J

FreiglJt

833.066

l,534,0H.'i

Matl,exp.,rciil8.&c.

689,469
1,509,142
106,147

Passenirer

XXXIX.

[Vol.

Northwest Railway Company; also by first mortgage
Chicago Decorah & Minnesota. The Central Trust

Company

of this city are the trustees.

& raciflc— The regular annual report of this company is made for the year ending March 31,
and an abstract of the last report was given some time since in
the Chronicle. From returns made to the IlUnois State Commissioners the figures are given below for the year ending June
30, and are placed in comparison witli those for the year ending
March 31. In each case the income from land sales ia excluded in order to make the two statements show a proper
Chicago IJock Island

comparison.

^Ycar enditio Jane SO—
1384.
1883.
Total Income
$12,637,75 1 $12,112,910
Op. oxp.aud taxis
7,158,180
0,951,137

—Yeaveniiiuj March 31—
1881.
$12.445.il

IStC*.
I

7,'J98,0OJ

Net
Disbursemouts.

$5,179,574
I,t81,2f3

$5,188,493
1,101.9J8

95.147..512

Applicable to div.
7 per cent div

$3.0r'8.-'!ll

$3,780,534
2,937,186

$3.066,2.57

2,937,186

$12,2 '9,003
7,298,002

1,481,235

2.937,180

Surplus
Ca: ital stock

$701,105
$349,348
$11,960,900 $41,960,000
Sfk iind fud. debt. o9,4iiO,OOJ 59.460,000

$1,981,901
1.401,958
$3,579,943
2,937,185

$7';9,071
*642,75S
«u.9(;o.oco $11,960,000
59,1UO,OCO 59,460,000

Connotton Valley. — The Boston Advertiser says: "Five
two hundred and seventy-seven dollars of the bonds
and 9.5,000 shares of the stf>ck of Connotton Valley have been
deposited with the International Trust Company, under the
million

agreement of reorganization. These are about five-.sixtlis of
both stock and debt, .and the deposit insures the successful
carrying out of the plan of reorganization.
gressing as fast as it can."

This plan

is

pro-

Denver & lUo Grande.—The committee of English and
Scotch bondholdei-s of this company arrived on Sunday, and
a representative of the Dutch bondholders 13 exjiected to
arrive in a few days. The committee will do nothing, it is
said, in regards to plans for financial aid to the company until
it has carefully examined tlie property.
President Lovejoy
and several of the directors may accompany the committee

Net

eaTiiings
P.c.op.ex.to e'ru")fB.

INCOME ACCOCNT.
1S80-81.

1881-82.

1882-83.

961,490

1,000,609

,50.5,909

£91.326
360,000

973.652
$
621,159
315,000

Stceipls—

$

Ket earnings

Disbursements —

Interest ou bonds

Dividends
Rate of divnleiids..

180,000
(4i2P.

c.)

6,891

Miscellaneous

(i.)

i4i<!P. p.)

6,732

2,342

(6 p.

6:6,233

in its inspection.
On the return to
the company will be discussed.

—

Louisville

company

&

Nashville.

for July (the

Tot. disl)ursem'ts
.

752,803
208,687

958,058
42,551

93S,.'5C1

35,151

631,437
271,703

GENERAL INVESTMENT NEWS.
Bankers' & Merchants' Telegraph Co.— The Baltimore &
Ohio Telegi-apli Company gave notice TJiursday of its withdrawal from the agreement with the Postal and the Bankers'

&

Mercliants' telegrapli companies.

Tlie President

of the

company, who had been made the executive manager of the
united telegraph lines, said that the agreement liad not been

&

carried into elTect simply becase the Bankers'
Alercliants'
had not been able to fulfill its part of the tripartite agreement.
Mr. Bates said to a Tribune reporter: "We are trying to lielp
the Bankers'
Mercliants' out of its difficulties, "but we cannot say that our efforts have really been of any account. Our
withdrawal from the pool is absolute, but our relations with
the Postal Telegraph Company have not been disturlaed by
the failure of the Bankers'
Merchants' to keep its part of the
agreement.
have been very careful not to interfere with
the business of the public or with the affairs of the Bankers'
Merchants' Company. The wires have not been cut out of the
Baltimore
Ohio offices where tliey had been introduced.
do not think that the agreement required any particular notice,
because the Bankers'
Merchants' never fulfilled its part of
the plan. So far as I understand the matter, the agreement
fails on account of the inability of the Bankers'
Merchants'
to carry out its provisions.
are trying to help that com-

&

&

We

&

&

We

&

&

We

in every way possible."
President Mott of the Bankers'
Merchants' Company said
that the previous agreement between his company and the
Postal Telegraph Company, which went into operation on
June 1, was still in operation. He said that the Bankers'
Merchants' and the Postal Telegraph companies were in full
accord.

pany

&

Knrlington Cedar Rapids & Northern.— The Burlington
Cedar Rapids & Northern KR. Co. has applied to the Stock Exchange to list $1,321,000 bonds, dated April 1, 1884, due April 1,
1934, bearing 5 per cent interest, payable semi-annually. The
company proposes to issue $2,979,000 in bonds as rapidly as the
road is buUt, subject to terms of mortgage. The company
has issued and sold $4,300,000 in consolidated first mortgage
bonds, secured by mortgage, which is a first lien on its main

—The

first

gross and net earnings of
of the fiscal year) were

month

as follows:
Gross.

.

Balance, surplus.

the affairs of

Iron RR. An election for directors of the Iron Division of
the Toledo (/iiuinnati & St. Louis Railroad resulted in the choice
of Edward E. Floyd of Boston, George O. Fair bank of Cincinnati, Cambridge C. Clarke of Irouton, John C'ampbell of
Ironton and C. R. Bait of Boston. Mr. Floyd was elected
President.
this

5,254

New York

July

——

.

1884.

1883.

$1,000,101

$1,124,776

Ifel.

.

1884.

18S3.

$135,233

$137,760

—

Lonisville New Albany A: Chicago. Applic.ition has been
made to the Stock E.xchange by this company to have $3,000,000 6 per cent general mortgage bonds placed on the regular
One- third of this issue is to be reserved to redeem an
list.
equal amount of second mortgage bonds maturing in 1888.
The other $2,000,000 will be used to pay for repairs, improvements, &c.
Milwaukee Lake Shore & Western. Work on the Red
River bridge is to be begun immediately. The Milwaukee
Lake Shore & Western Railroad is to be completed from
Ashland eastward to the Montreal River by January 1.
The force will be rapidly increased and the work pushed
The construction westward to Gogebic
to the utmost.
range will also be finished by that date, coinplcting the line to
terminus
Jan.
its
Fifteen hundred men are at work
1, 1885.
on the Gogebic section, and twenty miles are nearly ready for
the iron west of Sunday Lake and the iron on the ground for
the tracklayers. The plans for the ore docks are nearly ready.
The docks are to be two in number and of a most substantial
character, and will cost, when completed, in the neighborhood
of $300,000. They are to be built and ready for business by

—

June

1,

1885.

—

Nashville Chattanooga & St. Lonis. The stockholders of
this company, at the annual meeting in Nashville, elected
directors, and the new board met and proceeded to elect a
President to fill the vacancy occasioned by the resignation of
Mr. James D. Porter. Mr. J. W. Thomas, Superintendent and
General Manager, was elected to the position of President.
The report of the President and directors was submitted.
The following is taken from it:
Bonds Issued dnrins the .voar—
Second ni'uigiipc Duck Kiver RiiilroaJ Bonds
I'irst

inoitgntsc Ceutreville

Branch Bunds

$C.0CO
141,000

The $6,000 second mortgage bonds of the Duck River
Valley Railroad were issued and sold to the Louisville & Nashville Railroad Company at par, in full payment for indebtness
of the Duck River Railroad Company to the Louisville
Nashville Railroad. The $141,000 first mortgage Centreville
Branch bonds were sold at an average of ninety -six cents on
the dollar, and the proceeds applied towards reimbursing this
company for the amount expended in the construction of that
branch.

&

Skitkmiikb

THE CHRONICLE'

t3, 1884.]

Tlio (crosa carninRS for tlip year on all Hues operated were
The iiroportUm of operatinR expenses to cnrnings
for the year 18W-1 was ."il 0-10 per cent, ngaiust 55 H-10 per
tit for the year 1882-3.

$2,37a,0!<(l.

number, and all completed, as is
and other lieavy work. That tty
maining is very light. The small amount of grading yet
On the work and
ti> be done is almost wholly scrapor work.
The line
in tlie car shops tliero are employed over 3,500 men.

in this division are three in

also all the large trestling

,

Mew York Lake Krie & Wesipni.—The statement of prow
and net earnings for July and for ten months of the tisoal
year is given heK>\v. and tlie gross earnings this year incltidi- (18
per aint of the earnings of the New York Pennsylvania &
Ohio leased line, the other 32 per cent of the earnings of that
The net earnings are correct, and
line l)eing paid as rental.
show the actual results to the N. Y. Lake K. & West. Company.

—

Grost Earmngt.1882-83.
1883-8 J.
$!l,83 4.091
,1. 1 to MorcU 31.$10,i)74,SU
1, .'148,474
1,727.434
April
2,ii55,»8s
1,615,364
May
•

Juiie

l.J»«9.StH

July

l,7S4,t39

2,0:i7,517
•J,lll,4i0

TotallOmos.....$17,071,810

$17,608,1DG

.

October 15, 1881. This will be
to transport this season's large crops from the
Willamette Valley. The Oregon Pacific enters the heart of
this great agricultural valley, and in the distance of 70 miles
reaches tlie seaport of Y'anuina. The distance by the old lines
from the heart of the Willamette "Valley to the sea at the
mouth of the Columbia River is 220 miles; to Han Francisco,
770 miles; by the Oregon Pacific Itailroail it is about 520 toHaa
Francisco. At Y'aciuina the company has very large warehouse accommodations, extensive wharf, ma<:liine and car
shops, where many of the freight cars of the company aro
They have on the bay several extensive saw mills,
lieing built.
one of which turns out 100,000 feet of lumber per day. There
is said to be much activity in building lots for mileii up and
down the bay in the vicinity of the terminus. All the valuable lands fronting deep w^ater on the bay are nnder control ot
the owners of Oregon Pacific. These lands have for years past
been quietly purchased by the managers of the railroad comwill be ojx-n for business Ix^fore

in

Xet Earnings.
1883-31.
1882-83.
$2,309,411 $2,8S7,«tia
.

2»4..'i73

4fi8.970
C3 1,054

S!».',7.'.5

(il.S,724

441,302

eiG,?73

$3,750,505

$5,220,187

31)2,'l(il

Northern Paolflc—The directors of the Northern

Pacific IJail-

roaii have been discussing the question of leasing the Oregon
Railway & Navigation Company, but have arrived at no conclusion" The annual meeting of the Northern Pacific will be
Messrs. Coolidge, Endicott and Morgan, the
lield on Sept. 18.
holders of proxies on the 183,000 shares of Northern I'acifio

liichinond & Alleghany.— Mr. Thomas J. Evans, having
been ai)jx)inted by the court special master to take account of
the indebtedness of this company, and also of the value of its
property, gives notice that he has fixed on Friday, Oct. 10, at
noon, as the time, and his oftice in Richmond, Va., as the
place, to take the accounts and make the inquiries directed by

stock pledged as collateral for the eight million dollar loan of
the Oregon & Trans-Continental Company, have been requested
to vote at the stockholders' meeting for three directors to
Trans-Continental interest in the
represent the Oregon
Nortliem Pacific Board of directors.
The Philadeli)hia Press says "The annual report is partly
written, and has been considered by the directora. It is said
to be a short and business-like document, which explains the
actual condition of the company's affairs. According to the
document the road is in excellent order, and the promise for
the future is bright. Work on the Cascade Division is progressing rapidly, and at the end of this year it is expected
that but seventy-one miles of road will remain to be built to
As to this year, the report
finish the road to Paget Sound.
shows that the business has fully met the expectations of the
most sanguine frieiuls of the road. The net earnings are fully
up to the estimates, and the report shows a surplus of upwards
of $1,000,000, after paying all charges. This money really
belongs to the i)referred stockholders, who are entitled to all
earnings after the interest charges are paid, but it was thought
wise by the board to keep the money on hand. The land sales
reported for the year amount to |5;2. 400,000, nearly one-half of
which is applicable to the retirement of the preferred stock.
NaviAs has been stated, the lease to the Oregon Railway
gation Com])any is not recommended, as that company
demands too heavy a guarantee from the Northern Pacific.
President IlaVris and a number of the oflScials of the Northern
Pacific Company have made a thorcugh examination of the

the court.

Uochesle'- & Plttshnrg.— At Albany. N. Y., Sept. 9, application was made to ihs Attorney-General of the State, requesting him to bring an action to dissolve this company and to
have a receiver appointed for its property. The petition to the
Attorney-General sets forth that the present company was a
consolidation of five other companies, two in Pennsylvania
and three in New Y'ork, and charges that it has Issued |10,000,000 in stock, being .?3, 000,000 in excess of the consolidated
capital stocks of the different companies. This, it is claimed,
is illegal, and on this ground the Attorney-General is asked to
d issol ve the corporation. After hearing arguments he reserved

:

his decision.

Spartanburg Union & Cftlumbia.— On Sept. 1 the management of the Columbia & Greenville Railroad turned over
to the stockliolders of the Spartanburg Union & Columbia
Railroad all the property of the latter road. On April 1, 1881,
the Columbia & Greenville, which is jiart of the Richmond
Danville system, leased the Spartanburg Union & Columbia
for ninety-nine years at an annual rental of $50,000. The
receipts from the leased road have yearly fallen short of the
annual amount paid for it; hence the determination of Richmond & Danville to surrender the lease. But the owners of
the road have not consented to the cancelmg of the lease and
a suit will probablv be begun against the Columbia & Green-

&

&

proi>erty this summer. The Northern
Pacific people estimated the value of that property at about
$25,000,000, while the Bostonians, who own the Oregon ComThere
(lany, claim it to he worth a little less than $40,000,000.
are no fears that the Union Pacific will get hold of the Oregon

Oregon Company's

Company,

as the

company cannot be

leased

ample time

pany.

&

'

297

ville.

Union
from Jan.

on account of an

—

Pacific. The earnings and expenses for July
1 to July 31 have been as follows:

injunction.

-jHly.
"
1381.

—

Ohio Central. The plan for the re-organization of Ohio
Central is to form a new company and issue a first mortgage

Rros-i earnings..

Op. expenaus

for iB,.')O0,O00, beai-ing 5 per cent interest jjer annum; |6,000,000 of i)referred and |,5,500,000 of common stock. In the distribution of the securities holders of the present first mortgage
bonds will be given 90 jier cent in the new first mortgage
bonds, 20 per cent in preferred stock and double the amount of
Income bondholders
interest in default in preferred stock.
will receive TO per cent in preferred stock and submit to an
assessment of 10 i)er cent in ca.sh. The holders of first, second
and third issues of car trust certificates will receive severally
90, 70 and 50 i)er cent in first mortgage 5 per cents, their several balances up to 100 per cent in preferred stock and the
amount of interest in default in preferred stock.
stockholders will receive 25 per cent in new common stock and
per cent in cash, receiving
sabmit to an assessment of
therefor double the amount in preferred stock.
Foreclosure proceedings under the mortgage and trusts are
pending, and when the sale takes place the road will be pur-

Includes in both gross
rresidOMt Adams.

The comparative

1883.

$1,226,819

Npt earnings... $1,321,630
*

—

^-7 3fo8.Jan. 1 (oJ^h/i/31.-^
1833.
l'-84.
$1.5,4«0,7.^8

$2,491,035 *313,441,137
8,270,9o9
l,2t>4,18«

$2.3*8,343
1,063,693

«;f5,170,178

ana net $141,333 charged offby.order

losses in

each month since Jan.

1

Oro»f.

dwrease
Fibnuuy, decrnase

$(77,>'46
125.25')
41;»,046

.Tannarv,
Mar<-li
.\>.ril,

,

dfcrease

234.312
238,670
77.313
102,6 92

decwaso

May, decrcnne
.Iiine.d crease

July, decrease

3^

of

have Been

$1,575,234

Total decrease

Ket.

$664,189
i-lS 819
527,913
33?,093
^81.840
I ne.

^^i^l
9..802

$1,91)9,759

Western Union Telegraph.—This company has declared
its (juarterly dividend at the usual rate of 1^ per cent, and
shows a surplus for the quarter of $246,190.
The estimated statement for the quarter to end September
is based upon nearly completed returns for July,
;!0, wliich

chased by the new company. Hitherto the fixed charges of
the road have amounted to over half a million of dollars.
Under the new plan the estimate of all charges and expenses,
outside of operation, is, in round figures, iJ3ti5,000 a year. The
plan has not yet been formally adopted by the Ke-organization
Committee, but it has the approval of the committee and also
of some of the largest bondliolders.
No plan is made for the
River Division, and that remains a subject for future consider-

partial returns for August, and. estimating the business for
September, is as follows, compared with the actual returns for

the

sam6 quarter

in 1883

:

;

Net revenue

ation.

>
Quarter ending September 30
^1883.
188*.
iBttimaled.)
iAcual.)
$1,750,UUO
$1,669,360

nediict—

$106,420
Western Division of the Ore- Interest on bonds
2o,000 ~ 126,420
gon Pacific Railroad is being energetically crowded forward. Biuklngfuud
ThiH division embraces something over 70 miles, and connects Net income
'l'i*2.94B
1,39J,781
Yaquina City, the western terminus on Y^aquina Bay, 4^ Less dividend, l?i per cent
miles from the sea, with Corvallis, situated on the west bank
$143,162
for the quarter
Surplus
of the Willamette River.
There is laid from Y'aquina City Add surplus of June 30
3,098,553
tlie

Elk City coirtinuous track for a distance of 26 miles,
over which a few days ago a train of i>as8engcr carriages,
drawn by an engine weighing 45 tons, made speea of 35 miles
an hour. East from Elk City considerable track is laid, but
nsed at present for construction purposes; The only tunnels

7,81H,434

$7,814,321

as follows

Common

Oregon Pacific— Work on

and

east to

Surplus of September 30.

20,000—

•104.000

$1,616,000
1,399,810

$246,190
4,157,469

$1,403,659

deducted for thot amount of cash returned to the company
had not
by tlie sinking fund trustees, because the drawn bands of 1900
for payment.
presvntcd
been
*

1

3,841,715

$124,000

*40,000

1«

THE CHRONICLE.

2a 8

She (^ommzvcml

XXXIX.

[Vol.

COTTON.

'gxmz$,

Friday, P. M., September 13, 1884,
as indicated by our telegrams
from the South to-night, is given below. For the week ending
this evening (Sept. 12), the total receipts have reached 42,624
bales, against 16,337 bales last week, 4,914 bales the previous

The Movement of the Ceop,

commbrcTal epitome.

Friday Nioht, Sept. 13, 1884.
The weather has continued intensely hot, causing much week and
physical suffering, and proving a serious obstacle to the progress of seasonable trade. The low prices of the products of
agriculture and the depressed state of mining and manufactures also operate unfavorably, and the volume of business is
below the average. As the season progresses, however, a

may

be looked for. The costs and risks
of business have been materially curtaileil, and it is believed
that when the marketing of the crops gets fairly under way
better state of affairs

the situation will improve.

The speculation in lard has been much more active and at
times excited, owing to the manipulation at the West, and
the fluctuations in prices have been unusually wide. There
was a sharp decline in the course of Monday and Tuesday and
equally great advance on Wednesday and Thursday. Today
an early advance was followed by a fresh break in values, the
close being weak at 7'55c. for September, 7'47c. for October,
for

7-34c.

November,

7-37c.

for

December and

7-43o.

for

January. Spot lard has also been much more active, advancing last evening to 7'SOc. for prime Western, but receding
and closing at 7'62J^c., with refined for the Continent quoted
at7'90@8c. Pork has declined and is quoted at 1 17 for mess.
Bacon has remained nominal, and cutraeats have been dull,
prices showing a downward tendency. Beef is nearly nominal
and beef hams have declined to $30 50 per bbl. Tallow is dull at
CJ^c. Butter has shown an upward tendency, creamery closing at 20@ 370., and Western factory 10@ 15c. Cheese is also
firmer at 7@10^c. for State factory. The following is a
comparative summary of aggregate exports from November
1 to September 6
:

1883-84
32,427,000

Pork, lbs

Bacon, lbs
Lard, lbs
Total lbs

1882-8^
40,.547.26o Dec.

8,120.200

Dec 65,428,035

2,865 bales three weeks since; making the total
receipts since the 1st of September, 1884, 57,725 bales, against
bales for
the
same period of 1883, bhowing a
97,656
decrease since September 1, 1884, of 39,931 bales.
Heeeiptt at—

Hon.

Sat.

ijalveeton
Indlanols, &c.
Sew Orleans...

Tuet.

2,109

1,074

Wed.

TKuri.

Fri.

Total.

1,463

],S24

10,017

311
289

416
318

727
635
188
411

3,162
1,310

2,172

3,7S0

14,969

1,155

8,310

932

2,595

....

.--.

727

8

23S

597
269

norlda
Savannah
Brunsw'k, Ac.

1,135

2,287

2,419

3,176

Oliarleston

1,187

1,979

992

1,741

1,356

....

....

133

118

193

133

849

....

....

242

166

228

306
6

1,438

....

....

201

1,002

Uoblle

...

..-.

Ft. Royal, Ac.

68

Wilmington....
Horeli'dC.,&e
Norfolk

197

....

465

31

West Point, Ac
Sew York
29

Boston
Baltimore

411

57

....

. .

6

..

48

251

....

1,040

1,040

6.214 10.438

42.624

385

....

Phlladelp'a, 4o.

....

....

Totals this week

3,704

8,206

....

5,646

8,396

For comparison, we give the following table showing the week's
and the stock to-night,
and the same items for the corresponding periods of last year.
total receipts, the total since Sept. 1, 1884,

1884.
Reeeiptt tn

Thit
Week.

September 12

Qalveston

10.017

.

Indlanola.Ao.
Sew Orleans.
Sloblle

36ti,37.'>,112

Ib7 297.487

24-, 351,533 Dec. 61,054,048

Bmnsw'k, Ac

520,071,564

655,273,847 Dec 134,602,283

Oharleston.
Pt. Royal, Ao.

14,091
1.363
4,189
1,849

Til
3,162
1,310

Week.

Stock.

Since Sep.
1, 1883.

15,212

115

113

10,315
10
1,003

12,973

18,212

257

382

9,884

4,864
2,453
14,186

474
19,873

1884.

6 528

24.837
1.430
14,908
2,329

715

25,433

411

8,310

ThU

9,884
1,694
135
16,407

14,969

Florida

Savannah

30<),y47,077

1883.

Since Sep.
1, 1884.

224

1883.

15,037
2,571

25,035
288
45,650
4,391

304
12,497

18,287

7,225

14,278
7
2,447

Eio coffee has been quiet and irregular on the spot, closing Wilmington
849
1,433
2,192
1,S50
U'headCAe
150
165
steady at lOJ^c. for fair old and lOi.^c. for new of that grade;
4,7.-3
1,657
1,004
1,438
3,354
8,313
options have been advancing, and closed steady; September Norfolk....
West Point, Ao
931
6
682
6
gold at 8'70c. October at 8'o5c. and November and December at
Sew York
40
247
58,406 95,575
8'50c. mild grades have been moderately active and steady.
Boston
385
670
43
79
4,530
6,310
Tea has been more active for future delivery, and has ruled Baltimore
59
72
3,899 12,000
1.040
2,220
5,055
1,185
1,297
4,809
firm. Rice has been moderately active and firm. Foreign PhUadelp'a.Ao.
fruits have been quiet.
Molasses has been dull at the old
Total
42,624
57,725 64,343
97,656 119,960 235,857
Raw sugar has sold more freely at an advance to 5c.
prices.
In order that comparison may be made vrith other years, we
for fair Cuba Muscovado, while Centrifugal has remained firm
at 5 ll-16c. for 96-deg. test; options sold to-day at 4'75e. for fair give below the totals at leading ports for six seasons.
Muscovado for September, 4-80c. for October and uOoo. for De- Beceipta at—
1884
1883.
1882.
1881.
18S0.
1879.
cember; refined was strong at one time, but closed weaker at
10,744
18,320
15,927
14,384
16,855
15,674
7c. for crushed, ejsc for
granulated and i%@&}sC. for Qalvest'n.Ao.
;

Sew

powdered.

Kentucky tobacco has been declining

of late for future
The outlook for the crop is favorable. The trade
delivery.
has been moderate, both on the spot and for future delivery.
There was some business for October to-davat 7 3-16c.; on the
spot common to good lugs are quoted 73^@8i^c., and common
to good leaf 8J^@10J^c.
Seed leaf has still sold slowly, but at
about steady prices; sales for the week 150 cases 1883 crop,
New England, 6(a8@13i^@16c.; 200 cases 1883 crop, New England, Havana seed, 20® 34a; 100 cases 1883 crop, Wisoon.sin
do., 6}^@30c.; 40 cases 1882 crop, do. do., 20@30o.; 200 cases
1883 crop, Pennsylvania, 9@14c.; 100 cases 1881 crop, do., 6®
10c. 113 cases 1883 crop, Ohio, 13c., and 100 cases 1883 crop,
do., 12c.; also, 300 bales Havana, 80c.@$l 15, and 150 bales
Sumatra, $1 20@$1 65.
;

Naval stores have been quiet, and spirits turpentine weaker at
on the spot, out the lowir grades of rosin have been
scarce and firm at some advance, strained being quoted at
$1 30 and good strained |1 33i^@|l 35. Wool has been in
pretty good demand and firm. Hops have been dull, weak and
nominal, with 26c. latterly the highest quotation for new crop.
Hides have been quiet but steady. Linseed oil has declined
to 53@54c. for domestic seed, and 56@57c. for Calcutta. Lard
oil has fallen to 58@ 60c., but closed at 60@61c.
Metals have
been quiet and without marked change. Straits tin on the
spot was quoted to-day at 18-10@18'35c., the lower figure bid.
Crude petroleum certificates have been active and pauiky at
times, with as low as 74c. accepted, closing firmer, however
at 75^c.; refined closed at 7J^c.
Ocean freights have advanced in some cases; grain has been
taken for Liverpool by steam at 3i,^d., flour at 7s. 6d.@103.,
31c.

'

cheese at 23s. 6d.@2os.; for London by steam, flour at 10s!
@lls. 3d., cheese at 308. @ 32s. 6d.; for Glasgow by steam*
grain at 3i^d. and flour at 10s.@lls.; for Antwerp by steam!
grain at 4d., and flour in sacks atl5s.@17s, 6d.; refined petroleum in cases to the Levant 32J^c., and from Philadelphia to

Palermo

19c,

Orleans.

Oharl'st'n.Ac

3,162
1,310
14,969
8,310

yilm'gt'n.Ac

849

Sorfolk, Ac.
All others....

1,444
1,836

16.407
13.233
1,583
4,036
1,582

w'k.

42,624

61,348

MobUe
Savannah

rot. this

1,6!I4

18,369
4,934
23,113
11,277

2,370
1,398

3,161
11,563
2,760

9,373
2.778
31.872
19,403
3,257
14,566
2,626

49,512

94,052

102,695

9,031

806

10,823
3,212
24,034
12,342

76,933

3,321.

4,502
3,020

Sinoe Sent. 1

57.723
97,656
83.25.5 182,72?
185.030 120,907
Uaiveatun Includes Indlauola; Charleston includes Fori Koyal, Ac;
Wlhulnjcton Includes Uorebead caty. Ac: Norfolk Includes City Point. Ac.

The exports for the week ending this evening reach a total
of 16,803 bales, of which 16,333 were to Great Britain, 308
to France and 371 to the rest of the Continent, while the
stocks as made up this evening are now 119,960 bales. Below
are the exports for the week and since September 1, 1884.
We k

From aept

Dnditto ^ept 12.

Bxported t«—

ExporU
Ortat

frorrv—

Brit'n.

tJalTSBton

France

Oonttnent.

18S4,

Total
Oreat
Week. Britain. France

u

Sept. 12, 1884.

to—

Conti-

nmt.

ntai.

......

Sew

Orleans.
Mobile

lie

119
•

....

florida

toTannah

1,

JH'j^pur lull

....

...•«•

.....

Jharleston*...

WUmlogtOD..
Sorfolkt.

Sew York
ioeton.. .
a Itlmore

334

871

18.203

...

13,(X)9

14,488

17,498

...

190

169

408

403

i.asti

1,086

X,806

1.306

1,029

1.60S

1.605

371 "l8r802

20,936

Fbil>(lelp'a,Ac

otal
Total nsa...

208

371

1,029

"le.^as

208

10,006

2,9W

3.778

16,667

Includes expons from Fort Koya), Ac,
t iQoludea exporta ft-om WOBt Point. &o.

^B34

371

21,041

26.4B6 ~7,322

7,990

40,T78

'

i

SEPTEMBEtt

18,

1884

THE CHRONICLE.

]

In Jidtlition to above exports, our tolcKramBto-niKht also (rfre
UB the followiii);; amounts of notton on shipboard, not cleared,
at tlio ports naniwl. We odd similar liguros for New York,
which are proparod for our special use by Messrs. Carey, Yale
& LamU'rt, 89 Hroad Street.

Tmt Sales and Prices of Furtmra are ahown by the following oomi)r<!lien.sivo tjililc. In the statement will te found the
daily market, the prices of sales for each mouth each day, and
the olodng bids, in addition to the dally and totel saiM.

At—

ereat

J>>-atte«.

BrUaln.

New Orleans
fiavaunah
G-MveHton..
Norfolk

82
None.
None.
None.
None.
None.
Nuue.
None.

2.878

Mobile

Nono.
Nono.
TOO
None.
Nono.

Cnarii'Ston
..

....

New York
Otber porta

3..^00

2.000

Total 1884
rotal 1883
Total 1882

Otker
Foreign

Block.

Total.

«X|14
None.

2,974
None.

12083

1,400
3.000
1,840

1.400
4,100
2,a40

5,82.'.

100
Nono.
None.

100
4,100
2,500

004

Nono.
6<i0

600

2.571

2.000

C,354

17,514

102.44G

6.8fi5

7.!18«

12,738

1,747

2.910
1.575

9,085
5,082

26.87G
21,142

208,981
93.083

The speculation

ff?

rtWaS

82

~^

858

I

BtrlctOrd..

9'i6

9'i(

9he

8 '8
95,6

Good Ord.. 9 '8
9^8
lOifl
S'a
10>4
8tr.G'dOrd!l0>4
10>4
tola
JjowMidd'sllOia lOifl
ICa 111%
etr.L'wMld lOliig 10U„ ion„ lOiBie

10%

1018

10%

10 13

10%

10>8

lOia

IOI2

10%

10%

10%

10%

Middling... ICs
Gvxid Mid. .nils
Btr.Q'd»Ild 1138

Mldd'gFairill%

iii^e

lli«
1138
11=8

11%

11%

12

12

Wed

121s

12%

12%

Frl.

Wed Tb.

OrdlnV^I)

!l2<«
I

»''8

Str.G'dOrd lOH

I

8%
8%
S15„ 8ihfi 95,6
9%
f)%
10%

8=8
9'li

etrictOrd..
Good Ord..

Tta.

10% 10%
LowMldd'alQig lOSs 1038
Btr.L'w Mid 1011, gil09i8 109,6
Mlrtdlln«... ID'S !10%
10%
Good Mlrt.. 11% 11
11
Btr.G'd Mid 1138
III4
HI*
Midd'gFalr 11% IllOs 1108
1

12% 11238
STAINED.

Fair

Good Ordinary
Good Ordinary

Btjlot

123a

10%
10%

V

1>.

12

12%

12

12

12%

12%

12%

Frl.

Wed

8%

8%
9^16

l^-

10
1038
lOOa

95,6

10%

im

OO
to to
oy

8I4
815,6

9%

1038

10?e

8I4
815,6
I

9%

10%

to

95

SPOT MAREBT
CLOSED.
Sat ..iQiiiet

Mon

.

Qiiiot

Tues

.

(Jiiiot

We<l

.

yiiift

100

ITiurs Stfiidy at

Frl. .jSteady
Total.l

The daily

% dec.

677
619
789

200 1,078
260 1,904

1,278
2,164
1,463

....

1,J63

560 6,330

vt

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BF" We have

included In the above table, and shall contlnne each
give, the average price of futures each day for each month. It
be found under each day following the abbreviation •' Aver." The
average for each month for the week lo also given at bottom of table.
Transferable Orders— Saturday, 10-750.; Monday, 10-700.: Tuesday,
10-Goa; Wednesday, 10-65c.; Thursday, 10 50c.; Friday, lOSOo.

veeK to
irtll

Salu.

Deliv
eriet.

33,000
35.200
26,300
31.100
94.700
38,300

6,8901259,100

above are actually deUvered
previoos to that on whiuh they are reported.
deliveries civen

c:<x

(-'Ok..''

00

CD

OP SPOT AND TRANSIT.

577
519
789

CO

CO

l«:

I

I

to

rfi

ift.

SALES.

Ex- Oon- Spec- TranTotal.
port. \nimp ut'l'n tit,

"^

*•

I

to.

a.*:

I

to-

10>4

o

oco9 0009 9000 COoO -MOI-'
COCO ooo9
O^
O
O
O 0»
CT

Ol**"

1208

"

eooa

1*^1^

sto:

i

®c&-

I

CO

oectOoT)

11%

9
•*

<ceo

I

ytyt

**

^-?o>-«"

9u;

I

•-•M

ll'a
1208

<

•«•:

I

'^

I

a>-:

I

1

»-.Q

93,6

11%

2

ecu:

1

""-•ot^ '-'t-'oiM '-'-'I. -' '-'-co-'
OOoO
OOo9 OCcO OCoO OOqO OOOO
o CJwOW CCtcCco (ilf^O^
t^^Orf*
tC CO
O W C^ O' lO

8%

ll'^S

a*-.

'->'

8%

1114

ia

99
^^
QOOD

5

CCoO MM'.j"
COcO MMj,,!-'
OOqO coo9 oo-o OOoO
tOtoOto tOCoOio i(irfl©co IfcCcCco piifcOill
ox »1
CJ-tT*.
h-^
MM [^
CO 5 OO !J OO 5 00
5^
5
99
99
<
_CCMg|&H-ffi

I

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

2
*<

Ht-gjM

8%
8H
8%
615,6 813,6
9%
9=8
95r
1038

(r

00

OO 5 OO
toto
2 i^w
aaM^
oo

«pf-:

.

I

MARKET AND

fa

caOo)
v* to diOoi

to

tco

5

Frl.

1U3„

o

tf-

to

Tb.

non Tnea Wed Tb.

8H
9%

815,

Middling

11=8
12

1138
1108

0»wo

I

p-'M

Si

11%

s

r^^tz.'i

ffi

95,8

1138
1108

^

pttSjJ

P^COT'

OO

rf-t-*

10%
10%
10%

11%

.rf

Cosiofc

I

"i^

11%

3:

:

a

E.»a|.

I

»1M

1138
11=8

1038
10%
IOOb
10%
1015,6 1013,6 1013,6 1015,6
11% 11
11%
III4
1138
113S
11=8
11% 11% 1108
12
ll'a
12
ll^a
12% 12=8 12=8 12%

Sat.

I/1W Middling

11%
11%

»

,-hJ

lOi^ie I0i5,e lOiSie lOIBj, 101516

Ills
1138
11»8

11%

Il2i«

Fair

We

Ills
1138

lO'a

I

a:

9

atswa.

"A

-J

TEXAS.
Sat. mon. Tnea
8 '8

:

lih
.

^— >
OO
CO
^ OO ^ CO ^ OO 5 C.O 5
wto s cjio 2 "-*•
t^"^
2
2 oioi 2
OOm^ h-ODtO^
CnW ^ CO-I
CCrsio:
ao:
etc:
sa:
»os'
S'j;
So OOoO
^•-O"- '"'^CO'-' -'^Ij*-' H— !-•-»
Mo*-* ^wV"-*
COcO oo?o COoO oo9 99oo
UCJOu) uaOco |t^iP.OiU ill^Cb

—

8 'a

*«s?
_

OOO COoO OOoO OOpO OOqO ooSo
uiO|p. ibciOcn

I

;

Ordln'/.S*

tl

9

din

To-day there were slight fluctuations and limited dealings,
without important changes from yesterday, but as compared
w^thla.st Friday the close was at a decline of 10@20 points,
the latter for September. Cotton on the spot remained quotably unchanged until yesterday, when there was a decline
of aj-gC, leading to more business for home consumption.
To-day there was ag.i-In a fair business for home consumption,
the demand being cliicfly for the better grades, and quotations
were steady on the basis of 10^-^c. for middling uplands. (The
closing figure given in our last was for middling Orleans.)
The total sales for forward delivery for the week are 259,100
balee.
For immediate delivery the total sales foot up this week
6 ,890 bales, including 560 for export, 6,330 for consumption,
in transit. Of the above,
for si)eculation and
bales
were to arrive. The following are the official quotations for
each day of the past week.
Sep/. 7 lo
Sept. 12.

!

...

E«.'-| ?«.-SK^-,S. C.*-.-c*

I

—

NEW ORLEANS.
Sat, Mon Tne«

o

>

{79

t!«<c5

!<>

has been comparatively slow for tlie week undar review, yet
the fluctuations in prices have covered a pretty wide range
Crop reports current on the Exchange have not been favorable.
The Bureau report was, however, less unfavorable than
expected. On Saturday there was an advance, which was
fully lost on Monday, under the comparatively full receipts at
the ports. Tuesday was variable, closing unchanged, except a
slight decline for September and October. Wednesday the
changes were slight and the close irregular. Yesterday there
was a semi-panic the decline from the close of Wedn^day
amounting at one time to 14@16 points, under the belief that
there was nothing in the crop accounts to discredit estimates
of a material increase in the yield over that for the season just
closed but there was a partial recovery in the later dealings.

UPLANDS.
Sat. nou Toes

K

I

market

in cotton for future delivery at this

—

M

.

9 w

'§«:•'£
C.^Ojr'

9,078

«

2:

*

8.897
4.188

54.306
14,172

rStf

««5Tii »>«?.*

tS?

None.
None.

23!L&

f3S|
ihl Wasim
hn hn *«sr^

!?»!

None
4('0
.iOO

nit

nil

92'?!
ii

On SMpboard, not eteartd—for
Sept. 12,

299

tlie

200

100

300

day

The foUovring exchanges have been made during the week:
12 pd. to exoh. 100 Mar. for April. •02 pd. to exch. 500 Dec. for Oct.

-20 pd. to exch.
•30 pd. to exeli.
-17 pd. to exch.
-14 pd. to exch.
08 pd. to exch.

100 Oct. for Sept.
500 Oct. for Mar.

Oct. for Feb.
100 Jim. for Sept.
100 Nov. for Dot.
.=.00

-03 pd. to exch. 100 Nov for Oof.
•13 pd. to exch. 500 Jan. for Feb.
for Dcoeiuber—even.
•48 pd. to exch. lOO Jan. ror May.
•05 pd. to oxoh. 100 Jan. for Sept.

400 October

The Visible Supply op Cotton to-night, as made up by cable
and

telegraph,

is

as follows.

The Contmental stocks, as well as

THE CHRONICLE.

300

those for Great Britain and the afloat, are this week's returns,
and consequently all the European figures are brought down
to Thursday evening. But to make the totals the complete
figures for to-night (Sept. 12), we add the item of exports from
the United States, iucluomg in it the exports of Friday only.
Block at Liverpool
Stock at Loudon

bales,

Total Great Britain stock
Btoclcat Hauiliiirg

Stock
Stock
Stock
Stock
Stock
Stock
Stock
Stock
Stock

Bremen

at
at
at
at
at
at
at
at
at

1854.

188'^.

18?2.

1881.

650,000
69,000

VH-ifiOO

SeaOOO

706.000

51,500

7u,100

4(),400

719,000
4,700
60,400
42,000

83(,'>00

611,400

752,400

4,800

.S.OirO

1.600

4.'i,000

31,900
lo.^oo
1.8U0

42,50"

2,-^00

23,i00
),700
7,S00

21o,000

10ii,(iOO

Marseilles

b,i)00

Barcelona

4'.i,000

Genoa

13.^.0)

Trieste

Io,0o0

lo.ooo
57,000
11,000
lO.uOO

Auistei-dara

800

Rotteiilam

Antwerp
Havre

l,ioO

24,000
11.700
5,700

200,000

270,300

398,200

Total Continental stocks..

3rO
116,000

3I9,2>0

847,400 1,071, «50
144,000
20i,000
!<7,000
53,000
19,000
11,000

Total European stocks ....1,117,200 1,104,800
151,000
India cotton atftiat for Eiu-ope. llo,000
3 1 .000
53,000
Amer'n cott'u afloat for Enr'pe
24,000
9.000
Egj-i)t,Brazil,&c.,aflt for E'r'pe
235,857
119,9*50
ports
..
States
United
Slock In
4'.',iy9
14,?>81
Stock in U. S. interior towns..
4,ol'0
3,001)
United States exports to-day..

114,2-'5

ly7,v!07

11,098
5,900

59,125
2,400

1,401,741 1,617,856 1,250.223 1,690,382
Total visible supply
Of the above, the totals of American and otlier descriptions are as follows:

afloat tor Europe...

American

United States stock
United States interior stocks..
United States exports to-day..
Total American

Hatt Indian. Brazil,

.'3.000

dc—

550,000
1B8.000
97.0t

II. '.98

297,207
o9.i2>

5.90J

2.41)0

3.000

235,857
42.199
4,000

758,511

999,056

490,823 1,173,732

266,000

14.5-il

Liverpool stock
London stock
Continental stocks
India afloat ior Europe

237.000
64.000
Sb.OOO
114,225

511.000
153,000

384.000
206,000
31.000
119.960

bales

Liverpool stock
Continental stocks

(,9..i00

272,000
51,500

15-2.200

117.3(10

325,000
79.400
142 '00

10,000
O.nOO

154,000

2lli.000

64'1,200

^18.S0O

758.541

9!»;).0:i6

1

Egypt, Brazil, &c., afloat

<

2 J, 000

11.000

same period last year. The receipts at
same towns have been 14,426 bales less than the same week
last year, and since September 1 the receipts at all the townii
are 36,399 bales less than for the same time in 1883.
bales less than at the

the

Quotations for Middling Cotton at Other Markets.

156,000
46,400
151.250
144,000
19.000

—

in the table below we give the closing quotations of middling
cotton at Southern and other principal cotton markets for each

day of the past week,
OLOSIKO qOOTATIONS FOR MIDDLIUO COTTON

Week ending
Sept. 12.

Satwr.

Jfon.

Galveston

10 "a

New

lOSg

lOHi
1058
10»«
IOI4
1038
1013
10»8
ir-8
lO's
11»8

Uti,MOO

3,170
2.300
173,000
4,5S0
41,300
15,000
S,700

Vol. XXXIX.

Orleans.

iMobile

10^

Savannah

loie
1038

OliarleHton...

WilmiUKton..
Norfolk
Boston
Baltiiuoi'e

.

lOifl

10»f)

..

PhUadelpUa.
*nKusta
Mamphls.. ..

Ills
lO'g
11=8

10»10%

10

FH.

lfl»l8

loia
loia

io4

10%

10%.

10>e-

1014
1039

10 "4

1"^8

10%.

i05,«a%

IC.Sg

10%

10 M

HOSie
11.4

106,g.

10%
ID'S

10»8

10>j|

10%

11^

n»8

10»8
IT'S

1078

ll«a

101316

9'9
10»8

O-'a

i:^a,

10 \i

10^8

10%

105a

10^

lO's

1<)''8

L-oliovlllP

1

1078

10^8
lOVe

lOM

lO^a
111«

;

1ft
Ifl!^

Oinclnnall...

St.

OS—

Thtirt.

I013

101a
lO'ib

10?,

Louis

Wednes.

Tiies.

10%

lUa

lOHs
978

.

Hi Is
lOTlS

lOJfl

1C»,8
1"!U

10%

10%

10 78

loSj

Receipts from the Plantations.— The following table is
prepared for the purpose of indicating the actual movement each
week from the plantations. Receipts at the outports are sometimes misleading, as they are made up more largely one year
than another at the expense of the interior stocks. We reach,
therefore, a safer conclusion through a comparative statement
In reply to frequent inquiries we will add
like the following.
that these figures, of course, do not include overland receipts or
Southern consumption; they are simply a statement of the
weekly movement fi'om the plantations of that part of the crop
which finally reaches the market tlirough the outports.
RKCEII'TS FKOJI PLANTATIONS.

Week
endlno—

Receipt a at the Porta. iSt'k at Interior Tovmg. Itee^pte from Flant'nt
1883.

1884.

1883.

1884

isca.

1B82.

1883.

1884.

I

&o

Total East India,
Total American
Total visible

Price Mid.

t^

Ui>l.,

759.400 516 6
490.8^3 1.173.<32

1,401,741 1,617.856 I,2o0,2t3 1,690.382

«npply

6%1.

Liverpool....

5i3i,;d.

The imports into Continental ports

7'ied.

73i(jd.

week have been

this

26,000 bales.
figures indicate a decrease in the cotton in sight
to-night of 213,115 bales as compared with the same date of
1883, an increase of 154,5 18 bales as compared with the corresponding date of 1883 and a decrease of 285,(541 bales as
compared with 1881

The above

—

At the Interior Towns the movement that is the receipts
for the week and since Sept. 1, the sliipments for the week, and
the stocks to-night, and the same items for the corresponding
period of 1883 is set out in detail in the following statement.

—

o

o

c 1 :;- T s

e.B'e2.2.c2.Q?£i»S^2.o»2.o

;»

p

-

-g

S;

t %
5

E

!•

SSfc S-3 » =£.3 3

g

1??%

CO
ft-

Ci

.

"

2j.

Aug.
"
"

9,283
9,bSR

l'.4I)7

5.642

11.9'4

8.148

11.0-^4

4,«55
7.5-8

Q.IM)

9.808

S.SIO

S3.4r4
81 an

6,123

8.296

2.^0.

2-,ii7»

1..

4,815

8..

4.811

15..

50,417
4a.8»j

7»,S09
74.6)7

WS.MO

2t3. t.

•

MtO

CI

.

1

7,052
S.13I

6.318

4,'

2,7t0

66S0

83

7 064
9.706

4.2S3

S!4.41<

3.321

Zl.Ol'S

5a.80B

22 .so;
20.4C3

9-5

9,-iia

:,4S8

5.026

10,105

2.«9'

ie,'<.35

t2;'llfl

8.3.6:

1.798

]4..'-2?

9.11s
9.H75

16 342' 21,231
18.S3l]

29,tl81

S7,7i!8

20.427!

.',2.10*'

(>9,70l

?,'iiri

89

.

;il.0i2

4 011

15.52(1

Sept. 5

.

S8.W-&

S2 97
33 30S

50,526
SO.'Oi

1«,817

16.519
49,115

63.576
5-<9 11

M

753

28.24

11,363

••

81.941

2.:66

61.639
B7,b8H

13.3.>i

"

37,523

175
2.012

tf4.2.3l<

21..

•'

39.547

aosia H4 s-s 42 «a I

16,5!.U

10,141

22,754

1,888
I

1,996

113
1,4S0

339
831
1.C93

4.657
1»,85»
46.187

—

The above statement shows 1. That the total receipts from
the jilantations since September 1, 1884, were 60,937 bales;
in 1883 were 107,489 bales; in 1882 were 85,885 bales.
2.
That, although the receipts at the outports the past week
were 42,624 bales, the actual movement from plantations was
46,187 bales, the b;ilance going to iacrease the stocks at
the interior towns. Last year the receipts from the plantations
for the same week were 69,761 bales and for 1883 they were
52,108 bales.

—

Weather Reports by Telegraph.— Our
x«»-

.

^ f- O

HS o5

J line 37..
July 3
• H..
"
H..

reports

lliis

week

continued to contain complaints of harm from the hot, dry
weather whioli has of late prevailed in the South. In Texas
the drought has now been so prolonged that rain can do no
good in most sections. Elsewhere it is very difficult as yet
to determine the extent of the damage done.
Galveston, Texas. We have had showers on four days of
the week, the rainfall reaching seventy-four hundredths of an
inch. Average thermometer 83, highest 89, lowest 76.
Tndianota, Texas.— It has rained splendidly on three da ys
of the week, the rainfall reaching one inch and forty-four
hundredths. The rain was very beneficial, though too late to
save the catton crop. Picking progresses well. The thermometer has averaged 83, the highest being 90 and the lowest 75.
Palestine, Texas. We have had one trifling shower during
the week, the rainfall reaching three hundredths of an inch.
Picking is progressing finely and what little cotton is made
will soon be picked. The thermometer has averaged 83, rang-

.

Myt-JOXC

Ow

—

CO

•£.

••>

C

COHfcO »*».- CO

rfhtc^eD
ih>

K.

I

;C

-fc-CH-co — ccO'-i-'

>(-

03 K. K) -^

<-

^oa

QC.'

-^ -1 CJ CO

c*i !.•

M
M

cj'

IT"

lU

lUCllOi-OOl

CT CO

^

1^

on

C

Oi

fc- .>..*. c«:

CO

:

ts'i-t

KSM«b H- — Ct"cO
5 nr ty. (T oi "^

»- CO

'U; M u> tr cc to

r*

-

,-

-•
O

CO
-1

coco

C CS OD O CO

ercocMCJ*!'

;

i"*

-] i- to ^1 en
(U : nn rf- <)

x

14-

m -j a

>*».

or

*.i

—

c to

M^^o:^c^oco

" CO c Va ik o to
o O ic (C CO ^ ja
*•-

:;>

UCOJCQDif-tCXCO^J — OCJCOtOXCOtiiQO

ing from 70 to

95.

^w

toys
.-

tfk

Ct

f»*

^<

rf-

v

to

{

OH*
t

CO

-"W

O ^ O a* C5 W r*
1*-

*».

g.*
rfi.

—

coi^CMrfk.tU

MM
— **0-JW

M fC M Co

X"'3lCI'|£fc''l"(OlOCC'* Ui
t-'C**»Fi.'csco>Voo
rjocoa ti'a'Qt tu
0D*.c0T'O-.0*j-'*»— -J

coi3o:;

0>

ro

co"IoVcy»*£'c;«'i—

O to CO to CO CO
tt»Mi-*aw»-Q0tOtUCi3'
rO->ICflC0M*J<3-J(I)©'

O*-IS«DW:0C>H*t0-'l.

COOO'— '-l*i((*0i(^*O

If

—We

with late frost a top crop may yet be made. The rainfall
readied one inch and forty hundredths. Average thermometer

t0--O'QD*-.00OO

O CO w c; Ci 3s

t-i

on

—

One worthless shower during the week,
the rainfall reaching nine hundredths of an inch. Wells and
streams have dried up, and there is actual suffering for water.
The cotton crop is miserable. Picking makes good progress.
The thermometer has ranged from 73 to 96, averaging 84.
have had one splendid shower during
Lulmg, Texas.
the week, doing immense good, and some farmers think that
Htmtsmlle, Texas.

85,

highest 94 and lowest 76.

Brenham, Texas. — We have had light showers on two days,
The above totals show that the old interior stocks have doing more harm than good. The rainfall reached two hunincreased during the week 2,633 bales, and are to-night 37,618 dredths of an inch. No amount of rain would help the crop
*

TU18 year's llgures

esiiintttea.

8EPTEMBEB

THE CHRONICLE

18, 18U4.]

now, anil dry weather w wanted to pick
mndp. The thermometer haa averaged

—

Colutnbia, South Carolina. It liaa rained on four days of
tho week, tho rainfall reaching three inches and flfty-flve
hundredths of an inch. We hear rumors of tho appearance
It in
of caterpillars, but think them of little iin|K>rtance,
(claimed that rust is developing badly. Average thermometer
70, highest 83, lowest 71.
The following statement wo have also received by telegraph,
showing the height of the rivers at the points named at 3 o'clock
September 11, 1884, and .September 13, 1883.

little has been
the liighest being

wli.it

85,

301

and the lowest 73.
Belton, Texas.— y^e have had rain on one day of the week,
but not enough to do much good. The rainfall reached fifty
liundredths of an inch. Oood progress in being made with
The thermometer haa averaged 83, ranging from 70
[licking.
00

to 07.

mometer

85,

highest 100 and lowest 73.

Columbia, Texas.—^\e have had one good but insufficient
shower during the week, the rainfall reaching fifty-four hunThe thermometer has averaged 83, the
ilredtlis of an inch.
highest being 94 and the lowest 71.
Hew Orleans, Louisiana.— It has rained on three days of
the week, tho rainfall reaching ninety-four hundredths of an
The thermometer has averaged 81.
inch.
Shreveport, Louisiana.— 'ieXcgram not received.
VicksbuTff, JUissi.isippi.— Tho weather lias been warm and
dry all the week. The thermometer has ranged from 71 to 93.
Meridian, JUississippi.— Telegram not received.
Qretnville, Mississippi.— Tho weather has been warm and
dry during the week, with a rainfall of only ten hundredths of
an inclu Tho bottom crop is safe and very abundant. The
middle crop will be poor, and it is claimed that there is no top
crop. The thermometer has averaged 88, ranging from 81 to 90.
Columbus. Mis.\issippi.—Ti.-[egia.m not received.
Little Hock, Arliansa-i.—Tho weather during the week has
been very warm and without rain until Thui-sday evening,
when we had a very refreshing shower, which has cooled the
atmosphere greatly. The rainfall reached ninety-one hundredths of an inch. Average thermometer 79, highest 92 and
lowest 60.

Fort Smith, ArJcansas.—Wo have had rain on one day of

my last report crops in this part of

the State
have sufl'ered much from drought— so much so, that prospects
are claimed to be not as good by about twenty-five per cent.
as great volume
Cotton is opening rapidly, and is coming in
as last year. The thermometer has ranged from 64 to 94.
Helena, Arkansas. With the exception of one sprinkle,
the weatlier has been warm and dry all the week. Tlia rainCrop accounts
fall reached but four hundredths of an inch.
are less favorable. Picking has commenced. Rains have been
The thermometer has averaged 81, ranging from 70
partial.

tho week.

Since

m

—

U.

StpL

Weathf^ford, Texas.— ^o rain yet. Picking is making
good progress. Tho thermometer has ranged from 68 to 07,
averaging 83.
Dallas, Texas.— Tho weather has been warm and dry all
the week. Picking is making good headway. Average ther-

Peel.

Below biKh-water mark
Above low-water mark.
Above low-wiitcr mark.
Above low-water mark.
Above low-water mark.

Rnw

Orleans
Uemptatg
Hashvllle
Bttreveport

71olabarK

Fept. 13. '89.

'84

Inelt.

tneh.

Feet.

5

12

12

6

ft

3

2

10

9

4

•>

ft

8

below liigh-water mark of 1871 until
the zero of gauge was changed to highwater mark of April 15 and 16, 1874, which is 6-lOths of a foot
above 1871. or 16 feet above low-water mark at that point.

New Orleans reported

Sept.

when

1874,

9,

— We
We

have
India Cotto.v Movement from all Ports.
re-arranged our India service so as to make our reports more
had found
detailed and at the same time more accurate.
it impossible to keep out of our figures, as cabled to us for the
ports other than Boml)ay, cargoes which proved only to be
shipments from one India port to another. The plan now
followed relieves us from the danger of this inaccuracy and
first give tho Bomliay statement
keeps the totals correct.
for the week and year, bringing tho figures down to Sopt. 11.
-

We

BO.MB.lY RECEIIT8

AND BHIPaBNTS FOB FOUK YEAB8.
Shipment' nnee Jan.

Bhipmente thit week.

Oreat
Total. Britain

rear Great

OonliBril'n. nenl.

1884
18^3
1882
1981

3.000
?,0*>

2.000

4.0110

1.000

Oanlinent.

Heeetptt.

1.

Thit
Week.

Total.

5.000 iRa.ooo 008,000 i,o;t7,ooo
2,0011 44i,00O;77i).0O0 1,'.;'.;i.O0O
5.000,740.000 sii.i.oooi.3a.">.oo«
H,0O0'3n2 0O0|53e,0O0l 8:>8.00n

4.0001 2,00)

Jan.l.

3.000 1,542.000
4.000 1 647.0<
.1,000 l.Hlo.rvo
7.00.1 I.lS.-i.OOO

Bombay

appetirs to show a
According to the foregoing,
decrease compared with last year in the week's receipts of
in
shipments
of 3,000 bales, and
increase
and an
1 ,000 bales,
the shipments since January 1 show a decrease of 127,000 biles.
The movement at Calcutta, Madras and other India ports for
the last reported week and since the 1st of January, for two
"Other ports" cover Ceylon,
years, has been as follows.
Tuticorin, Kurrachee and Coconada.

Shipments 9inee January

Shlpmetits for the week.

OretU

Oontine»<.

Great
Britain.

Total.

Continent.

Britain..

1.

Total.

to 91.

OalcuttaNewport, Arka7isas.—Te\egra.m not received.
1884
Memphis, Tennessee.—Tele^am not received.
1883
Na-inniUe, I'enntssee.—We have had rain on three days of Madras—
1884
the week, tho rainfall reaching eighty-eight hundredths of an
1883
inch. The thermometer has averaged 79, the highest being 89
All others—
and the lowest 70.
1884
1883
Monile, Alabama.— It was showery on two days in the early

week, but the latter portion has been clear, pleasant and warm. T)ie rainfall reached ninety-nine hundredths
of an inch. Picking is progressing finely. The thermometer
has averaged 78, ranging from 70 to 93.
Moutgomery, Alaoama. The weather has been dry and
hot as blazes most all the week. The rainfall reached fiftyeight hundredths of an inch. Picking is progressing rather
part of

8 4,v!0D

39.700
IO.bOO

30.100
13,5jO

l.Ouu

14,oOu

12,400
8,200

2G.9W

15.900

42.800

29.JOO

ti,,00

ib.QM

12,100
8.400

14S,800

55.60.)

20 1, too

12«.'>0()

IS.'OO

tJ-j.lOO

82,500

200

200

0.^00
8,i00

3,01

1884

9.400

3,0C0

li^S.^

R.4'iii

122.200
bd.UOO

30 400

tlie

—

The above

totals for the

week show

th:it

the

m ivement fronx

Bombay is 4,000 bales mors thin same
For the whole of India, therefore, the total
The thermometer shipments since January 1, 1884, and for the correspoadiag

it is too hot to work effectually.
has ranged from 66 to 92, averaging 79.
Selma, Alaoama. Tlie weather has been warm and dry all
the week. Rust is claimed to be developing badly. Crop estimates are unchanged. Average thermometer 78, highest 94
and lowest 66.
Madison, iflorida. Telegram not received.
Macon, Georgia. We have had very light showers on two
days of the week, but to-day there are some indications of
rain.
Picking is progressing finely. The thermometer has
averaged 80, ranging from 68 to 91.
Columbus, tieoryia. We have had no rain all the week.
Crop accounts are gloomy. The thermometer has rangel from
09 to 90, averaging 83.
Savanuah, tieorgia. It has rained on five days and the
remainder of the week has been cloudy. The rainfall reached
three inches and seventy-one hundredths. Average thermometer 78, highest 85, lowest 72.
Augusta, Georgia.
have had heavy general rain on
two days of tho week, the rainfall reaching two inches and
fifty-two hundredths. Crop accounts are unfavorable, the bad
effects of the recent drought being felt.
Shedding is reported
in places.
Appearances generally point to a considerable reduction in yield. Picking progresses well and cotton is being
marketed freely. Tho thermometer has averaged 79, the highest being 90 and the lowest 71.
Atlanta, Oeoi-gia.—The weather has been hot and dry during the week, with a rainfall of one hundredth of an inch.
It is claimed that rust t)rovail8 in cotton.
The (fhermometer
has averaged 77-7; ranging from 60 to 89.
Vharleuon, SoiUh, Carolina. It has rained on two days of
the week, the. rainfall reaching two inches and eighty-three
hundredths.
The thermometer lias ranged from 73 to 9i,
averaging 79.

slowly, as

—

—

Total all-

the ports other than

week

periods of the

—

—We

—

two previous
E.^PORTS TO

years, are as follows:

EUKOPB FROM ALL

Shipments
to

<M Europe
froiiv—

Bombay
Ail otber ports.

Toua

Since
Jan. 1.

Thit
week.

ThU

1

301.40i>

1882.

Since

week.

Jan.

1.

Thit
week.

2.000 1,2^4.000
8,100 1 15.100

5.000 1,007.000
12.400 204,400

17.400

INDIA.

1883.

1884.

—

—

last year.

10.400

1..169.1'10

Since
Jon. i.

5 000:i,i<3.'>.000
2,800| 265. aOO

7.800 i.coi.eoo

This last statement affords a very interesting comparison o
the total movement for the three years at all India porta.

—

Alexandria Receipts and Shipments. Through arrange
ments we have made with Messrs. Da vies, Benichi & Co., of
Liverpool and Alexandria, we now receive a weekly cable of
the movements of cotton at Alexandria, Egypt. The following
are the receipts and shipments for the past week and for the
I

orresponding week of the previous two years.
^lej-auiiria, Jiavpt,
Septeml^r 10.

Beoeipts (oantars*)—
This week....
Since Sept. 1

1884.

Aoantar

l8

93

Thie
Since
week. Sept. 1.

Thit
Sitiee
week. Sept. 1.

'""
....

Total Europe
*

1683

2.000
2,000

IhU Since
week. Sept. 1.
Exports (bales)
Xu ijiverpool.....
To Oontlueut ....

1883.

lbs.

THE CHKOJNlCLJi

302

[Vol.

XXXIX,

EaYPTiAN Cotton Crop.— Our advices from Alexandria,
16, speak as follows on the cotton crop
bales.
of Egypt
"The news from the interior is still good, and according to
Manchester Market. Our report received from Manchester
-bvnight states that the market is quiet. We give the prices present appearances the harvest will be 3,000,000 of cantars.
for
prices
weeks'
previous
leave
and
However
we must not forget that the months of August and
below,
tor tOKiay
September are the most critical months, and consequently the
comparison
Tlus statement shows that the receipts for the week ending
Sept. 10 were 2,000 cantaxs and the sliipments to all Europe

under date of August

—

1883.

1864.
Oott'n

32t Oop.
IvHtC
d.

d.

8>4

».

A.

B.

d.

d.

d.

Ooti'n

lb:

Mid

Shirlingt.

ItoUt.

rpJ'/»

(\

8H

32< Oop.

n>$.

SMrtingi.

s.

d.

8.

harvest cannot be considered as assured before the middle of
October. Some parcels of new cotton have arrived on the
market, and have been sold as samples. The quality is good."

Upl^$

d.

rt.

—

The AoRicLtTURAL Department's Report for September.
The Agricultural Department's report on cotton for September

a7 lij 5>a
1 is given in full below:
a7
?J'«
5^16
©7
The Department of Agriculture reports that the onndition of cotton
5=8
a 8 ®7
!>« K14
the Ist of September was lower than on August 1, by reason of
bU,6 on
5 8 »7
l^a 6%
drought, which has becu severest lu Texas, yet felt in every State east
6 «7
;5
l^a Wis
5^'« and north to North Carolina. Tlio apprehension that too succulent
5=9
5 G ®7
C^ (i'i«
early growth would wilt under higherteniperatare. and ab.scnee of rain,
5=8
0»s 6M
83i6® 87ei5 6 ®7
been realized too generally. Local areas on the Atlantic coast
&U16 has
a7
R'sS
83,63
9Je
8><ia7
6Sie
5
]>s
appear to have h.ad suincieut moisture at a few iioints, too much ou
'Sopt. 5 80|e«
8>4 a S'^e 5 6 «7
••12 8»i.» a^lS 8'a»7 lis 6 '8
513i6 low lands. The etTect of these meteorological changes lias been the
wide prevalence of rust and the shedding of leaves and young bolls. In
Annual Cotton Crop Statement.— In our editorial columns light soils the fruiting will bo hastened, the top iiolis aireadi- forming.

-J'ly 11 SSg

"13

3»8

»
»

9ie 5
9i8 5

7
7

a7
a7

" 25 8=8 « S's 5 7 97
Aug. 1 8=8 a sisls 8»sa7
" 8 8»i8a 9^5 S'aal
" 15 g9i«« 9% 5 8isa7
" 22 8'2 391|6 5 7'a«7
" 29 SSlB® 9% 5 7ifla7

1

1
1

dhf.
6'4

838

6 "4

8I4
bi4
S"*
8I4
814

8'4

a

a
9
»
»
®
®

9i8'5
5
9

9
9
9
9
9

6

9
8
6

li

•will be found our annual crop statement, with the usual facts
.aad information with regard to consumption, &c.
New York Cotton Exchange.—Last year we directed
attention to losses occasioned by fraudulent bills of lading
issued by accredited agents of Southern railroad companies^

In those of greater moisture there Is a strong weed, and with deferred
good crop may be made.
1 here arc few fisses by the caterpillar.
When it has appeared it was
promptl.v met by poisoutms applications as a rule.
Tlie boll worm has been more abundant than usual, and has not had
frosts a

to the necessity of adopting means to lay the responsibility
the right shoulders, but altliough several bills have been
introduced in Congress for that purpose, yet no progress has
been made. The subject now appears to be taken up by the
Board of Trade & Transportation, and it is to be hoped that
the united efforts of all concerned will load to a desirable
It is of too much importance to be allowed to rest.
lesult.

and

on

treatment sufDclentl}' prompt.
The average condition for the whole field, which was 87 in the proceding report, is reduced to 821*. though Texas is the only State below
that average. The only ynars of the preceding ten having lowir averages lu September were 1874 three aud a half points lower, 188 1 when
the average was only 70. and last year wuen It was 74. The weatlier
of the next throe months may modify lor better or worse the actual
result of the harvest.
The State averages arc; Virginia, S9; North Carolina, 90; South CareUna, 87; Georgia, 80; Florida. SH; Alabama, 84; Mississippi, 83; Louisiana, 84; Texas, 72; Arkansas, 83; Tennessc, 90.

EuEOPEAN Cotton Consumption.—By cable to-day we have
Ellison's cotton figures brought down to September 1 this
year and last year. We are not a little surprised to notice how

Mr.

That the reader may have for comparison the condition,
according to the Agricultural Department, on September 1 of
previous years, we give the following, collated from its
reports:

material are the changes in estimated consumption he has
made this month, not only for 1884, but also for 1883. Tlie
takings by spinners in actual bales and pounds he gives as

No. Carolina.. 90
80. Carolina
87
.

Georgia

follows:

From

•*

00
00

States.

Oct. 1 to Sept. 1.

Great Britain

Continent.

For 1882-83.
3,143,000

. .

On account

3,269,000

6,412,000

423

432

442
1

,389,200.000

of the corrections

1

made

,380,787,00012,769,903.000

in consumption,

tlie

84
83
84
72
53
90

season to Sept.

1

.. ..

Arkansas
Tennessee

400 lbs. each.
OOOs omUled.

Orcat
Britain

Conti-

nent.

83

91

8".

86

8t

92 72

92

81

^2

80
80
81
HI
92

t*

to

i-

s

96
91
90
83
ill
83
8S 87
92 90
70 87
99 97

63
85
77
94

89 89
87 81
66 101
91 98
90 107 91 100 119

88
8a
97
95

85

90 86

to

2
90
80
76
75
87
9?
88
91
9.<

96

t^
00

87
86
77
77
81
74
"2
65
47
52

CO
i^
00

00

95'

101
86 •95
90 96
85 92
85 88
82 HO
80 86
(12
94
93 78
92 92

92-3 88-3 70-4 88

91-2

Continent.

3,005,

442.
6,S03,

82,
3,473,

139,
3,452,

8,925,

3.491,
Supply
Ooasnmpt'n 48 weeks 3,420,

3,349,
3.120,

6,840,
0,540,

3,555,
3,480,

3,591,
3,120,

7,146,
6 600,

221,

Sept.

90
87
R«

87
93

87

90
99
93

Arkansas.
Tennessee

83
74
81
86
89

90
97
92
89
79
87
92

83
84
72
83
90

Average

87

86

87

8.;-5

Louisiana
Total.

1833.

Aug.

95
97
96
99
93
87
72
77
85
92

N.Civrliua

Alabama.

93,
flpinners* stock Oct. 1.
Takings to Sept. 1.... 3,393.

344,

100
93
9.

QO
t*
00

1884.

Misa'sippl
Total.

2

88 72
95 670 89 71
93 83 87
76 90 80
75 81 74
77 89 76
67 101 65
80 100 55
89 89 62
70

Jm»i«. July.

Car'lmn
Georgia

1882-83.
Oreal
Britain

00
OD

Slates.

Florida...
JBciUs of

00
QO
rH

Taking the above figures for September, and adding them to
those for the previous months, we have the following comparison between this year and last year:

S.

in bales of 400 lbs. each.

18S3-84.

on
00

78

Average... 82-j!74

.

Oct. 1 (0 Se.jH. 1.

.. ..

X

we are

not able to furnish our usual table of the details for each
month. But we give the following, which is Mr. Ellison's
statement of the total takings and consumption for the 48
-weeks of

-18

Alabama
Lduiciaua
Texas

0,019,000
3,164,000
2,835,000
Takings by spinners. ..bales
425
429
421
Average weight of bales..
1,357,350,000 1,201,955,000 2,559,311,000
Takings in pounds

86

Florida
Mississippi

Total.

For 1883-84.

Takings by spinners .bales
Average weight of bales
Takings In pounds

.

CO

Texas

91

s.-j

88
81

Aver Jun£. Julu Ann.
S9-3

81
85

91

86

90-8

87
86
91
89
87
78

93
95
87
89
91
93
84
88

85-a

86

90

920
905
95-7
90-5
85-5
78-8

77
8.)-2

'

91

91

Sept. Aver.

84-2
81-5
81-8
93-8
83-3
83-7
86-0

90

78
70
70
93
76
75
77
67
80
89

84

74

83-5

87
80
78
93
83
HT,

85
87
83

840
835
80-3

From the above it will be seen that the averages for the four
months, with the exception of Louisiana and Texas, are above
300,
75,
54
229,
471,
l^lnners' stock f=cpt. 1
71,
similar averages for same months of last year. But for the
Our cable also states that the consumption in Great Britain month of September, Florida is the only State with a lower
for August has been 68,000 bales of 400 lbs. per week, and on average now, the others being in general much above 1883.
the Continent 66,000 bales of the same weight. For July Mr.
South Carolina Agricultural Report for September 1.
lEllison estimated the consumption in Great Britain at 70,000
The report of the State Agricultural Department on cotton
baJes, and for June at 73,000 bales; and on the Continent June for the month of August was issued on the 5th inst., and is aa
and July were lx)th estimated at 68,000 bales.
foUo-ws:

—

East India Crop Prospects.— By

cable from Bombay
are advised that crop accounts in the districts tributary to that port are generally satisfactory. Floods are reported
in portions of Broach, but they have done but little harm as

-to-day

we

yet. The rainfall at Bombay since the
Bleached 55'98 inches.
.

•'4

monsoon

set

in

has

East India Crop.—The Bombay Price Current of August
gave the following concerning the cotton crop
:

•"Prom the Berurs and Khandeish the accounts

of the growing plants
*re all that could be desired, with the exception of parts here ami
there -B-hcre low-lying fields have sutrered slightly from too much
Irfsture. In Breach a similar state of matters prevail.';, but further

aorth toward Veerumgaum and in the Bhowuugger districts tine
•weatlierls wanted to enable sowing to bo completed. As the indioa••ons, however, seem if favor of a break, tlie probability is that even
tadie places instanced we shall yet have a good crop."

The excessive rains in June and July gave the cotton plant a vigorous growth, and during the latte'- part of July, after it had been freed
of grass. It fruited well, but the weed was full of sup and this rains have
been followed by cool nights and a protracted drought. These unfavorable conditions have caused the plant to shed heavily. Rust has
appeared in every county, and the bolls are opening prematurely. The
growth of the plant has been checked, and in some sections all the
blooms and e(|uarea have been cast, leaving ouly bolls partially and
fully matured to ripen. The crop is from ten days to two weeks later
than usual. The yield now depends largely, especially in the northern
part of the State, upon the fall seasons. If frost comes early the crop
will be cut short, but a late fall will be very favorable. This summary
of the returns applies to the Btate generally, but there are exceptions
to these eonditimis. In poitions of nearly every coimty the correspondents say that wlierc the crops have been well -worked aad fertilized it is
fully up to an average.
The condition, coiniiared to an average. Is reported in Upper Carolina
at 89, Middle Carolina at 87, Lower Carolina at 93. Average tor the
State 89. At the same date in 1882 the condition was reported at 91,
and in 1883 nt 84. The present condition of the crop, therefore, la
below 1882, b;t better than 1883.

S^PTKKBKR

18,

THE CHRONICLE

1884,1

.luTK Butts, Ha<ioiN((, &(_.— There has h>ot«n consiilorablo
activity in baKK''iK <liirintr tlio week, ami Imyors nro more diHposeU to o|HTiite. Ordors are coniinj; in ([iiite freely, and
prices are lirni, with Bcllors disixised to ask moro money.
There have been sales of a few thousand roll.s in lots at full
fi(?"res, and the m.'irket cIohcs at Uf'^o. for IJ^ lb., lOJ^o, for
and lV)^r. for standard jjrades for jobl-'4 lb., lie. forlj lb.
binji; orders, but a round parcel can be had at a reduction on
above figures of 2^.^(iii5 per cent, aocording to size of order.

Butts have been in' moderate demand, but the market is not
.Small parcels are reported moving, some 3.000 bale.s
active.
finding takers at 1 13-16@2c. for paper grades and 2ig@a%c.
for bjigging, low or pirmo quality.

table,

80^

showing the exports of cotton from

not accurate,

is

as the weeks in dilferent years do not end on the aaiue day of
the month. We liave conseiiuently addeil to our other standing
tables a daily and monthly statement, that the rujuler may
constantly have before him the data ft)r seeing the e."cact relative
movement for the years named. The movement each month
since September 1, 1883, has been as follows.

York, and their

KXPOuTKor 0orrja(BAi.8!«i raoM Suw Touk sinob Sept.

IStM.

1.

Week etiding—

Bxporledto—

A ng,

Au).

Se])t.

(•fpt.

21.

2i.

4.

11.

Total
since
Sept.

7,833 10.453 13.909
1,233
267

9,354

Other British porta

fxntrnsx

ymr.

1.

14.490

17.231

i—

207

Total TO Orsat Bbitain 9.354 9,110 10.720 13,900 17,499

14,»0»-

334

7&r
752

CtoMPABATivE Port Rkceipts and Daily Crop Movement.

—A coinpariiKHi of the port movement by weeks

Now

direction, for eiu-h of the last four weeks; al.-jo the total export*
and direcliom) since September 1, 1881, and in the last coltmiii,
tlio total for the same period of the previous year.

85

126

85

128

208

Other French ports

Total FBBMcn

Bremen

208

3;m

371

871

371

371

i',92'i

"'906

l,921j

1,200

Spaln.Op'rto.aibralt'r.&o

2('0

3,820

2,SS3

All other

620

Total Spain, &o

82o: 3,S20

3.4»7

"I'OO

Other ports.

700

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

300

ToTALTO North. Eoropk 1,300

aRxxn Totai

1,643-

604

10,651 11,912 15,S6« 14.488

ao,89»

18,203

—

Shippino News. The exports of cotton from the Untted
States the past week, as per latent mail returns, have reached
15,613 bales. So far as the Southern ports are concerned, tbeee
are the same exports reported by telegraph, and published in
the Chronicle last Friday.
With regard to New York we
include the manifests of all vessels cleared up to Thursday
night of this week.
Total balet.

New York—To

per steaniprs America, 677

Liverpool,

BritHutila, 1.931
Ciiyof Rome, 21i0
Cc.unseilor, 1,503
....Gallia, 1,763. ...N.-i«iiivtli, 1,313. ... Heniblle, 1, 5)
St.

Ronima. 2.372.. ..Wisconsin, 2,115

To Havre, pin- xtL-aiiier Nurinandio, 'liii
To Bieiiieu, per suuiuers ivroupriuz ITicdrlcU

Wrw

IS.IOft
20(i

Wilheiiu,

321

Kuilii, rio

Oiii.bA.Sa— To LiviM-pool, per stiMiuer f^tra-' a;rlv, 119....

Balt.mohk— To l.iverpoiil. per Htearnnr <1 Iprmo. i20
B09T )N— To Liverpool, per stBaii er Norseman, 20i
PfllL vUELi'HiA—To Liverpool, per steamer Illinois,

^

Total

This statement shows that up to Aug. 31 the receipts at the
ports this year were 1,169,163 bales less than in 1833-83 and
130,211 bales more than at the same time in 1881-83.
The
receipts since September 1, 1884, and for the corresponding
period of the five previous years have been as follows.
Ig'H

1882.

1883.

1830.

1881.

"

8....

2,0

.2

"

4....

2.5

m

"

5....

"

6....

5.04
3,704

"
"

7....

8..

1.348

10.512

IS, 859

S.

4,'>27

4,9u..

5,0,io

9,06;

14.751

2,104

i)4

4,t93

9,31.^

8.20e
5,010

SM'i

6, t('5

8.3!)U

13,920
9.486
8.0(8

7.63:
8,l8i
1^,70:
13,05i

11,202
5,645

72,895

56,995

118,32o

S,

6.2U

" 12...

3.4t»0

5.0i:9

5,86S
3,39b

10,45:*

i

a.

f,105

8.

a.

391

1

6.47J

8.

01 -.50

00-95

2,264

13,033

8.

16.595

8.

7.;'.3i3

97,981

43,974

00 '8

01-67

This statement shows that the receipts since Sept. 1 up to
to-night are now 1.5,170 bales less tlian they were to the same
day of the mouth in 1883 and 730 bales more than they were
to the same day of the month in 1833. We add to the table
the percentages of tot.al port receipts which had been received
to September 13 in each of the years named.

The FoLLOwiNa are the Gross Receipts of Cotton

the latest dates:
B(),-,Tox— For Liverpool-Sept. 10— Steamer Ml sourl, 199.
Baltimokk— For Liverpool-Sept, 10 Sleamer Hiiiuicoa. l.OSfl.
l"HiLAU,-;i I'UIi— For Liverpool- Supt. 10— Steamur Biitish PrinoOM.

—

Cotton

frei2;hts

Do sail
Bremen, steam,

.e.

l)o

Am:.t'd'm steam. c.
l>n

week.

New

Orleans.

Texas
esTannah.

4;wi

Since
Sept.

1.

Boston.

ThU

Philadblph'a

ThU

Sines

week.

Sept.

1.

wetk.

ISO

0.403
2.211

No. Carolina..
Virginia

7

158

wetk.

1.

136
.

Reviil. steam...

d

sail

Sept.

203

«,«T9
134

851

Tenneflsee.ftc

891

391

807

1491

lOU

'is*

I*st year..

1S.S12

100

11

17

bales.

Americau

...

......

A aual export
^.

Of which American- Estir^

1.058

1.341

1,311

220

220

27,873

H2.I

924

2.001

2,001

3,742

3.742

this

week show a

week, the total reaching 14,48S
week. Below we give our usual

last

^is*

'is*

'l"i-

he'

sis*

'is'

»!«'

V

4"

»8*

%*

'is*

•is*

»1S*

9l8*

"is*

»ie*

6l8*

Atig. 22.

week

Total stock -Estimated

1,083

1.056

compared with

'is*

"32*

»i»*
»IS*

.

Ifl.lSl

bales, against 15,866 bales last

"33"

We

203

8P2

The Exports of Cotton from New York
decrease, as

"32*

V

Total Import of the week......
This year...

"32*

leS'aa* 'l6®''33' 3i8®732« S,8a73,.

Forwarded
1.083

"S2*

Fri

Liverpool. By cable from Liverpool, we have the following-.
statement of the week's sales, stocks, &c., at that port.
add previous weeks for comparison.

Sales
500

'e«*

c.

Of whioh exporters took
Of which epeoulators took..
149
609

'64*

Wednt: Thwt.

Aug. 29.

Sept. 5.

SepU 12.

...

2.506

IS8
27;

'e«*

—

1.

-

'e**

•

Since

Sales of the

Norlh'n ports
Foreign

Sept.

BAI,TmORIE.
ITlis

t.

7

Mobile
Florida
..
8o. Carolina.

Since

8,752

Lsai

4,
..

TOBK.

Tuet.

HaU...e.

B.ircclona.steam.e.

NSW

"IB-

8all...c.

Genoa. Hteam
e.
Tri>-8to, steam ...e.
Anrworn. st*>rtm..c.
UompriMsea.

ThU

Man.

e.

Do
sail
e.
Hamburg ateam.e.

uo

as follows:

sall...d.

Havre, steam.... e.

at

from —

week have been

the past

Liverpool, steam d.

York. Boston, Philadelphia and Baltimore for the past
week, and since September 1, 1881.

New

BeceipU

15,612

371

1,02 J.

5,454
5,121
4,873
4,S^8

8,61(j

203

Below we ai lU the clearances this week of vessels carrying
cotton from United States ports, bringing our data down to

8.

11,096
10.862
15,646

02-51

576

15.612
The particulars ui these shipments, arranged in our usa&l>
form, are as follows:
L'vtrpod,
Bit '•
Bremtn,
Total.
NiwYoik
13, 'OJ
371
2Jo
1 l,4>-S.
N-*-Oil'au8
119
ll!>
Biliiuiurd
220
220B)-,toii
209
20»
Pj lade phi,>
576
576-

I'l,

57,725
Total
Percental e of total
port rso'r t« Sept 12

Si09

1879.

5.037

7,215
3,996
6,169

8.

" 0....
"10...
" 11....

2,890

8.

2,5-16

5.60U
10,356
10,182

-J

220

576

^

T.iiil

5,0 5

2,765

2,!)44

Bept.l....
" 2....

371
IIB

Of which American
A noant afloat
Of which Araerioan

43,000
4,000
l.OOC

30.000
6,000
4,000
779.000
478.000
20.00C
14,000
77,000
12,000

55.000
3.000
2,000
38,000
5,000
3.000

446,000

63,000
4,000
6,000
41,000
5,000
5,000
697,000
417,000

15,000
8,000
80,000
23,000

2.'>.00l-

laooo

15.000
59.000
10,000

13,000
65,0«O
1»,|D—

737,(iOe

57,000
6.00O
2,000'
38,00O
5,009
5,O0O
650.00O
384.000

The tone of the Liverpool market for spots and futures eaelir
day of the week ending Sept. 12, and the daily closing p ric ea
of spot cotton, have been as follows:

THE CHRONICLE.

S04

Market

yfednet.

Saturday Hondtty. Ttiaday.

Spot.

4

In buyer8'
favor.

DQll.

Steady.

638

638

Kid. Oil'ns
7,000

Sales

500

fuluro

Easv at

Market,
12:aOP.M.

l-'il

de-

cline.

Easier.

6!>1B

8.000
1,000

8,000

p. 000

500

1,0>0

1,000

Barely

null at
l-(Ud--

vance.

Flat at
».04 de •
ell no.

Dull at
1-(U decline.

Eaar.

Flat.

Quiet.

lO.OOO
1,000

Firm at
a-61 ad-

stsady.

cll..e.

Quiet

but

iV. M.

Quiet.

lo.ono

Hull

Market,

Friday.

but

Quiet.

etead.v.

firm.

highest, lowest and closing prices of futures at
Ijverpool for each day of the week are given below. These
unless
prices are on the basis of Uplands, Low Middling clause,
otherwise stated.
l^fTheprteet art given in pence aiid 6llht, thus: 5 62 meant 5 62-6 4d.,
nit 6 03 meatis 6 3-64d.

"The opening,

It.

HljJl Ixnc. CSo».
d.

Eeptember.. 6 09 6 09
Ceiit.-uct...

eoe 606

d.

d.

d.

(I.

d.

8 09

6 00
8 08
5 63
5 60
5 60

6 06

6 0S

6 09
6 06

6 08

07
6 01

8 07
6 01

8 05
6 01
5 61
5 61
5 62

608 60) 6 0S

6C4

8 07
6 04
6 04

9 CO
5 60

8 00

5 62

03

56)

5 62
6 6S

5 6a

sei

5 58

5bS

5 38

6 61
5 62

6 60

5 60

5 57

560 560
600 6 DO 5 63 5 63

6 00

6 02

03

8 01

558
C61
800

6 57
5 5S
5 60

5 57

562

6 67
5 58
5 61
a to

5 63

5 63

6C6

5 60
5 60

5 63
5 60

66)
5 60
6 82
6 00

S 60

....

....
....

Clot.

d.

d.

d.

6 03
6 01
6 01
5 61
5 57

6 05

6 06
8 03
6 03

B57 5 57
Jan.-Feb ... 5 58 55)
Feb.-March. 5 to 5 6U
March-Apr. 5 63 5 63
Arrll-May..
....
May -June
June-July..

Bt7

i>eo.-Jan....

.

8 01

8 03

ecs

5 57
5 80

5 60
5 57
6 57
6 57
5 60

5 08

5 68

5 80
5 57

....

....

....

....

....

•••.

....

....

..

Thnra.. Sept. 11.

....

...

5 68
5 60

....

Open High Low.

Clot.

Opm

d.

d.

d.

d.

d.

d.

d.

6 01
8 02
6 02

6 04

6 03

8 03

6 03
5 63
5 63

8 02
6 83
5 63

6 00

5 57

5 59

5 57
5 68
5 57
5 59

6 61

561 5

3 59
6 57

81

d.

Com—

Wlieat tipnng.per bush.
SiiringNo. 2
K«d winter. No. 2
Red winter

Western YeUo-w

Rye— Western
8718

74 ® 80
....».

White
White No. 1
West. mix. No. 2.
White Southern..
Yellow Southern.
Western white...

58

It

63

....a
....a.

It.
t:9

«.

» 71
« 34
White
339i» 42
No.2inlxed
32, ® 32 <«
34ia» 35
No. 2 white
®
Barlev —No. 1 Canada
No. 2 Canada
®.
State, two-io)»'ed
®.
State

& Canada

Oats— Mixed

70
31

State, six-rowed

-a.

Agriccltur.vl BuKE.i.u Report. -The following
Agricultural Bureau Report for September

is

tlie

:

6 35
5 51
5 53
61

5 33
6 54
5 57
5 59

6 53
6 53

5 52

554

5

53

553

tlsiires

3 57
5 59

5 66

5 66
5 58

ence.

358

5 62
6 36
5 13

....
....

M

,

....

....

Septeiubor 12, 1881.

Wheat has declined an important item, owing to depressed
markets in Europe and at the West, and large orders to sell
both on home and foreign account. The crop prospects, both
in this country and abroad, are excellent. There has been a
very fair business for export, the transactions, indeed, on some
days being liberal, and the speculation has been larger. The
buying here has been largely by shorts, though some purchasing has been done,, it ia claimed, on long account, on the idea
that prices are nearing the bottom and are liable to take a sudden
turn upward. The report of the Department of Agriculture
jwas construed as favorable to the bulls, and at the opening
yesterday, owing to this and some decrease in the quantity of
.wheat and flour on passage for Europe, there was a slight
advance; but later, under further orders to sell, the advancg
was lost and a decline followed. Shotts covered both here
and at the West with some freedom. The bears contend that
fbe prospects- point to a renewed cutting of rates on the railroads terminating here and at Philadelphia, and that on this
account there is little probability of a decided advance for the
present.
The markev to-day was again lower. No. 2 red
dosed weak at 87c. afloat, 85i^c. for September, SGJ^c. for
October, 88%c. for November and 90>^c. for December, showing a decline of fully five cents for the week.
Indian com, in sympathy with the depression in wheat, has
owing to the

frooii qu.ality

are sensational and misleading,

and utterly unworthy

of cred-

The general average of condition when harvested is
Condition ts almost identical wiih that icportcd in September,
1879, the Census crop, wliieli yielded thirteen bushels per ac:'e.
The whciit States of hisjhest eoadition are Califor.iia. Wisconsin, Minnesota. Pennsylvania, Keulucky, Tennessee aud Oregon. These, with
joino of minoi production, show tiirures higher Ihanthe geuofal average; Io«'a, XeblViKK* Biul Kansas slaud at 03. Ohio aud Michigan 9o",
Indl»na a4, Illinois SO. The Kasicin aud Souihern States rauge from 81*
in Mississippi to 103 iu Maine.
The corn crop is iu better condition thsfl in finy September since 18.?^.
The general average is 91. Ii was Sllatt Pcptciuber, 83 in 1882 and
60 ia 1881. It promises to produce an average yield of twenty-six
bus-hels tor the entire bicadth, or not less than 1,800,000,000 bushels.
It will make tlie largest aggiegate of quantity ever reported In the
h;»toiy of the crop.
Tho eat crup averages a yield per acre about the same as corn, and
makes an aggi egate exceeding 500,000.00o bushels. Its condition when
harvested was W5, wliKli Is lower than lor two previous yesrs, bat
higher than for prior years since 1878.
Bailey averages 97, against 100 last .year aud 95 In 1882. It will
average about twenty-two bushels per acic.
The general average for rye U 90, and for buckwheat 93, which Indicates a medium crop of aoout thirteen bushels per acre.
The condition of po atoes averages 91. against 95 last year. It will be
an abundant crop, but not so large as the li>st. There is some complaint
of rot in New England and a little lu New Yoi k. There is a wide rauge
of condition, running down to 62 in Ohio while it is 94 iu Michigan, the
same iu Pennsylvania aud 86 iu New York. There is a flue crop west
of the Mississippi.
The condition of tobacco is higl<pr than in Septeml)f r of any year since
1877. It averages 94 instead of 60 last SeDtoiuber. Mafsachusetts, 105;
Connecticut, Ui3; New York, 9f; fonnsylvan'a, 99; Wi^Cln.'•ln, 100.
The cigar t)ibacco thus siaiids compaiaiively high: Maryland, 91; Virginia, 94; Norih Carolina, 95; Kentucky, 95; leuuessee, 105; Ohio, 63.
9H, against 83 last

yeai'.

....

....

....

for export,

3 50

3 56

*nd weak.

The trade

3 35

OBMN.

5 53

Flour has been quiet and still depressed. The receipts have
been large and the weather oppressively warm, and these
unfavorable influences, joined to the dulness of trade, have
caused a renewed weakness. The commoner grades are in
larger supply as a rule than recently, though the stock of
superfine is moderate. Spring wheat flour is not in excessive
•supply, Eome grades in fact being rather scarce; but the
- d jmand, on the other hand, is light, and.even these description s
have been somewhat depressed. To-day the market was dull

also declined.

4 90

4 00

55)

5':'2

BREADSTUFFS.

~

5 00

5 53

...

FRIDAY, P.

."•

W

550
4 63

Tlie product of winter wheat is above the average, and is Kcncrally of
except wbeio Injmed l)y sprouting lu the shock. The rate
of yield Unot far from an average of tlilrteen busliels i)er acre. The results of harvest of spring wheat are not yet complete, and the product
cannot be precisely indicated. It is probable from tlie reported condition of the crop already hirvested and thro.'*hed that Ihe aggrc!;ate will
vary Utile fioin 500.000,000 bushels. The i-eports ot much higher

01

5 55
5 55
5 50
5 5S

JjOW. (JUa

closing quotations:

f475»
No. 2 spring... V bW. $2 00» 2 30 PateTit-s. -wlntar
2 00» 2(i0 Olty Mill snipp'g ex.4 5^ a
No. 2wiut6T
2408 285 S )uthem ijakt ra' and
Siperttne
4 25»
family brand?
Spring wheat extras. 2 75 a 3 75
00 Bouth'n sJilp'g; extras. 3 MO a
Miun. clear and stra't 3 7.'>a
inter shlpp'R extras. 2 85 a 3 30 Byetlour, Buperline..3 75a
Com mealand
clear
Winter
Western, Ao
3 00W
3 00ai5 00
sti'alxlit
Brandywlne, Ac. ..3 40»
00
4
753
6
spring
Patents,

8 0O
5 62
5 62
6 5)
5 53
5 5'i

6D1
6 02 601 601
5.
5 50
'9 538 668

602 6

Rye has been quiet. Oats have followed other cereals downward, with a fair business at the decline. No. 2 mixed closed
weak at Sl'^c. for September and October and 31^gC. for November, showing a decline for the week of V/^ to 2f.

C>rn— West, mlxffd

Frt., Sept. 13.

....

...

6114

8 04
8 01

...

....

....

...

Open Bioh Low.

Oot.-No.... 5fll
Hot.- Dec... B57

6 01

....

Wednes., Sept.iO.

Bept ember.. 6 09
e«rt Oct... 6 01
6bl
October

d
6 07

d.

811

5 63

ft.

Clot.

d.

«Ofl

....

Low.

611

Sfi.?

....

HiaTi

<l.

5 60
HOT.-Dec
Sec-Ian.... 5 60
Jan.-Fcb.... 560

M»y-inne..

Open

8 CO

ROfi

June-July..

CTo».

d.

Oot.->OT....

5 60
reb.-March. 5 (-2 5 62
liurcb-Apr. ecu 6 00
Jiprll-May .. ....

Low,

Open

week.

The following are

8 09
6 00

October
.

but the spssulation has

liglit,

It is claimed that the market has been
noticealily inoreasecl.
raanipulatea in the interest of the bulls both here and at the
West, but notwithstanding the light receipts at thg West, and
England
the fact that not a little own has been sent to
markets instead of to New York, prices have b^eu depressed.
large,
and
The crop, it now seems certain, will ba unusually
it was claimed yesterday that the Chicago clique was selling.
times
been
firm,
Chicago,
has
at
The market, both here and at
owing to covering by the shorts, but a natural sympathy with
other cereals and favorable crop prospBcts have carried prices
downward. To-day tliere was a further decline of 1 to 2c.
No. 2 mixed closed heavy at 63i^c. on tho spot, 60;^^c. for
September, SO^^c. for October, SSJ^c. for November and ulj^c.
for December, showing a decline of 3 to 4\ during the past

Tups., Sept. 9.

Mon., Sept. 8.

Sat., Sept. 6.

0p«n

No. 2 mixed corn, has bean

XXXIX,

New

Mid Upl'ds

Spec* CXI).

Thurad'y.

[Vol,

scarcity

The movement of breadstuffs to market is indicated in the
statements below, prepared by us from the figures of the NewYork Produce Exchange. We first give the receipts at Western
lake and river ports, arranged so as to present the comparative movement for the week ending Sept. 6 and since Aug. 1
for each of the last three years:
B<ee<pt<

ot—

Tlaar.

Wheat.

Com.

0<It4.

Barley.

Ryt.

BM:^9Slhi Buah.eOlbr BtMh.5«Hw Bush^tlbe ButKiSlbt BluA.661»i
61.2OT
62.880

720.318
144.409

1.670.440

Toledo

2,782

Detroit
..

2,081
4 101

gt.lioals....

30,370

83.903
B.660
6.000
198.115
187.510

2.771.331

2,159.542
8.710.433

Chlomio

MUwaukee..

Peoria.

925

Dnloth

88,073

873,033
878,983
88.310
687.772
13 365
172,081

173.299
166,903

3,124,581

dereland.

Tot.wk.'84

game wk.
Same wk.

"SS
'82

Since July 28
1884
188S
1882

18.00.1

919,087
38.800
36,828
27,810
29,000

149.330
72,770

DOO

1,000

l.SO.430

13.445

29,M1

482.285
3.979

9,000

10,79ff

1,716,719
8.39),335

245.031
218.752
102 658

249,583
358,990
133,683

494.819
3Sa.7J0

1,621.507

2,786.163

1,333,834

1.519.864

1.144 557

17,971,314

12.n69 519

B,186.''02

HSS.6CIS

14,732 818

17.874,61

i;5,000l

10 073.8S8
9.493 201

189.209
1,480

11,498

1.098.888

8,52:^.736
&5S.846 lf,il2l,03S
224 W9
614,509
The comparative shipments of flour aud grain from the same
ports from Dec. 24, 1883, to Sept. 0, 1884, inclusive, for four
of years, show as follows:

Septembek

1883-94.
7,447.078

188S-8S.
6,038.400

8i>.0fl.'».364

34.H02.133

28.002.033
75.833,681
32.574.001

Z.fl.Vi.SI.'i

4.ei>,5.591

bbU.

Flour

Wbeat

THE CHRONICLE.

13, 1884.]

3.708.302

144.814.168

112.144.213

R76

Below aro the rail shipments
porta for four years:

bbU.

Floor

„

bash.

Total

The

1.369.127

1882.

1883.

Sept. 6
119,111

Sept. S.

Sept. 9.

79,818

114.873

1881
Week
Sept. 10
114.187

423.267

272.838
62S.247

625.610
2^4. 886

1.121,414

1.430..585
4.S.768

1,194.998
5O.0B3
71.973

Week

Week

930,544
41.400
58,832

Kye

70,279
2,410.717

1,917,257

459.130
682,4!t4

lli.H27
60,519

2,197.530

2,433,514

and lake sliipments from same ports for

rail

515

2.3-,iH

1884.

457.-^14

0*ta
Barley

81.212.168
2.^.(11:1.79^

from Western lake and river

Wm*

Wlie»t..
ttom....

148.539.661

4.04g,97l

Htrley
....

3H,0in,05.'i

142.212.602

(10.844,317

1680-U
6.153,108

33.382.810
60.079.276
24 .«9 1, 855
2.216.732
1.773.540

boali.

(Mm
o«M

Total Kialn

1881-83.
5,024.03ft

last

four

Flour,

Wheat,

bhL$.

t>ush.

Oom,

hugh

f»tfh.

(i.
230.890 2.256.918 1.778.568 1.273.780
Auk. 30. 259.758 1.918.597 1,696,472 l,a48.;{92
Auk. 23. 214.472 1.932.611 1,324,001 1..5()7.90l
Aug. 16. 2U 6,609 2.517.116 1.9; 9,085 1.048.265

tyii*h.

271.760
240.620
102.845
92.575

41, ''.08

Sept.

*w. 1010.929 8.625,212 6.798.126

Byt

Barley.

Oatt,

btuk.

31.4U0
18.14(1

4,276

8,318

98.421 707,800
4w'ki'83. 680. 3J5 8.377.556 11.620,656 5.61l.i.550
81.553 1016,117
The receipts of flour and grain at the seaboard ports for the
w«ek ended Sept. 6 follow:

Tot.,

/flour,
oblM.

Al
New York

Wkeat,

Oom,

Oatt,

tniMh.

hvek,

bliMh.

936
156,341
178.700

27.152
24.603
21,757

Newp't NewB
MewOrleanB...

Barley,
bUMh.

268.972
204,930
3,615

114.684
131.578
8.5f0
103.643
54.700

139.326 1,275,218
71.784
7,866

Boeton
Portland
Montreal
PhUadelphla...
Baltimore

5,1

65>-,991
50.7.iO

19,1.50

151,700
34,600

3,938

9.493

20,295

10,576

JtD.

54.425
l.OOO

2,200

2.200 55 42.5
10.420 177.610

644.142
Total week... 296.131 2.329.R04 446.828
Oor. week '83.. 274.448 2.83J.508 1.989.792 1.138,093

The total receipts at the same ports for the period from Dec.
24, 1883, to Sept. 6, 1884, compare as follows for four years:
1-80-xi.
1882-83.
1881-82
188.3-84.
bble.
8.ti67,836
9.124,814
7,656,997
8,893,450
Hoar
Wheat

bosh.

Oom

Oata
Barley
Rye....

Total grain

The

100.892,615

..

exTX)rts

ending Sept.
Exports

51.853.123
23.323.750
19.539.553
2,295,900
1,069,677

68.778.186
78.343.451

129,153.947

98,037.003

170.020.389

ly,8'<7.0o5

2,029.758

981.986

fr^m the several seaboard ports for the week
.8 i4. are shown in the annexed statement
Wheal.

Flour.

from—

Oom.

Oat*.

Bye.

Btith.

Btith.

Biuh.

PtOf.

Btuh
610

BbU.
55,197
38,628

Buth.
843.972

27.152

156.341
192.003
79b.O20
228.422

108,643

141.660 2,226,758

318,760

75,047

24,416

2,872

114.249 1.438.775

947.734

13.503

244.125

28.510

We

add the

New York
Boeton.
Portland
Montreal.
PaUadel..
Baltimore
.

N OH'nR

6,

41,803.001
61,823.840
20.115.338
2.230,180
3,061,590

75.047

21,41(3

48.991

4.901

15.490

29

.

7l.7,=.2

2,2'

89,374

N. News.
Total w'k.
8*010 time

18S3.

The

.

destination of these exports is as below.
last year for comparison:

corresponding period of

Oom.

Wheat.

Flour.

Sxporu
week
to—

1884.
Week,

for

Sept.

Sept.

6.

b.

Sept.

6.

8.

947,731

622
141.6601

Week
Stpt.

318,760

Otb.o'nt'B

Total.

1883.

6.

114,249 2.22R.758 1.433,775

69.505 1,233.189
5.722 993,569
9.538
10.192
18.861

W. Indie*

Sept.

2,998

Brlt-Corn

93.599
4,171
16,832
9,969
16,467

Un.Klng

8.

173.470
114,140
28,890
2,260

Bbl-i.

8.&C.Am

Sept.

Bu'h.
592,341
30-'. 197
32.132
17.3>9
3,092

Btuh.

Bbl$

CODtiD'ut

1884.
Week.

1883.
Week,

1881.
Week.

1883.
Week,

Bunk.
704.192
726,210

375

Bunk.

431

and

last season:
iriMat.

^xporUtinee
1884.
AU«. 2S. U>— Auo- 29 ro
Sfi>l.

6.

Btil<.

On. Klnxdom
Oontlnent
. ,

8.

« C.Am...

WMt Indies.
Brit. Col>nle«

S15li«4

zs.sse
88.512
39.424

Oth, oonntr'i

29.318
1.407

Total.

833.241]

188S.
Aiifl.

1884.

27 (o Auo. 25 to

iSept.

8.

BbU.
154.211

20.430
20.803
39.192

Sei>t.

6.

Bwth.

1S8S.

Au«. 27
Sept.

1884.
to

8.

Sul^.

2.932.285

1.492,81(«

2.059.788

1,»74,5«1

B2U

»75
8.963

Aug. 23
Sept.

to

8.

BmK
487.150
114.140
85.4»7
8,009
6.770

799

1.244

243.237

4,998.673

2,771.317

rail

and water, Sep*.

6,

1884,

waa aa

Oom,
In

New York
Do

afloat (eat.).

Albany
HaOalo

.......

..„.

Chloairo
Ni^wp't Newa

Milwaukee

....

Doluth
Toledo

humh.
2,741,198
995.800
2.000

bu»h.

141.802

327,0«0
3,240,0;i5

;,302.O12

348,777
495.097
252.197
1,263,734

85H.367

Detroit

OsweKO

I115.OOO

Louis
Cinolnnatl
Bneton

1,577.439
58.226
2.320
81.755

Ht.

Toronto (l»t)
Montreal

128.925
568.727

Pulladelphla
Peoria
Indianapolis
K inaita City

Gate,

bunk.

169.195
42.OU0
11.000
84,000

15,561

139,-00
455.340
619.297

31.000
785
354,025

59.824
32,444
1 2.200
90,'I96

7.570
39.597
72.816

267

1,940

25.883
11,082

750

,^.072

1,3b9
110.240
110.826

1.457

441
631

111"!

15,231

9300

6,289
6.577
14,735

1.152.392
1.437.781

.,057,746

1, ••94,898

166,S50

661.926
268,900
24,990

18.529.035 4,542,814
18.155.946 4.491.01^
23. 14,992 13 247.758
12.7^0.612 6,591.«86
19.848.526 21,083,001

2,107.424
2.390.933
5.427.065
6,«I0.644
6,789 859

canal

Col. Sept. 6. •84.
I'o'. All(f.30. •«4.

Tot. Sept. 8. '83.
I'oi. Sept. 9, '82.
rot. Sept. 10, '8 1.

545 719

9.7.59

1,224

3000

48,4i>0

On

rail

33.266

21.956

4.404

Onlake

D >wn MliBlaslppl.

'.""'.

buth.

38.234
47,000
8J>00
63.000
194,277

67.265
31.368
46,696

2(i9.t;96

..

1.700

20.796
118,519

83.450
15.391
62.0O0
240,231
45,042
60,008

3H,401
124,212

H(«ltlniure

buth.

l.^9..',oo

208
41.400

1.541
5,321
33,813
58.833

179,115
252,120
201,802
188.170

089.476
681.864

406. =•')() 1,580.4'<3
119.920 7(19,169

358,732

645,309

THE DRY GOODS TRADE.
Friday, P M.. September

12, 1884.

The demand for dry goods was unfavorably inflLien(M>d the
past week by oppressively warm weather, and business waa
comparatively light in all the wholesale branches of the trade.
Commission houses and importers continued to receive a good
many re-orders from interior markets, but personal selections
were chiefly confined to a few specialties, which were taken
in small lots to a moderate amount. There was a re-action
from the activity lately noticed in the jobbing trade, many
retailers having deferred their purchases of fall and winter
goods on account of the torrid temperature which prevailed.
The lull in business which existed during the week has caused
no uneasiness, and there are so many retail buyers in the market and its vicinity that jobbers expect a renewal of activity as
soon as the weather becom*is more propitious for the distribution of goods adapted to the coming season.
Accounts from
the West and Southwest indicate a steady improvement in the
business outlook, but Southern trade has thus far failed to
realize expectations, and the demand from near-by markets is
somewhat backward. Collections are progressing fairly well,
but distributers in certain sections are hardly as prompt in
their settlements as could be desired.
Domestic Cotton Goods. There was a very light export
movement in domestics, only 883 packages having been
shipped from this port the past week, of which 399 were sent
to United States of Colombia, 188 to Great Britain, 123 to San
Domingo &c. There was a steady call for small re-^sortments
of plain and colored cottons at first hands, but the demand
was by no means active enough to justify a speedy resumption
of production by the mills which have shut down for a time.
Brown cottons were in pretty gcxxl demand, but at low prices,
and there was a light movement in bleached goods, wide sheetings, (x^tton flannels, corset jeans and the various descriptions
of colored cottons. Print cloths ruled quiet, but prices continued steady (on the basis of 3)^0. plus 1 per cent for 64x64's
and 3c. for 56x60"8), although the Fall River mills have all
started up again. Prints were less active in agents' hands,
but a fait business was done in jribbing circles. Ginghams
ruled quiet and cotton dress goods were lightly dealt in bj
package buyers.
Domestic Woolen Goods. The situation in the woolen
goods market ha.s not undergone any material change. Operations in men's-wear woolens were comparatively small, with
the exception of worsted suitings and indigo-blue flannels,
in which a fair business was done by some of the principal
agents. Spring cassimeres have been opened in some quarters,
but few orders have thus far been placed by clothiers. Kentucky jeans and satinets ruled quiet with agents, and there
waa a limited call for repellents. Ladies' cloths, cloaking*,
Jersey cloths and stockinettes were in steady but moderate
demand, an(i ther« was an irregular inquiry for all-wool and
worsted dress fabrics, shawls and skirts. Flannels were taken
in small parcels to a fair amount, but blankets were mostly

—

—

By adding thi.s week's movement to our previous totals we
have the following statement of exports since September 1,
this season

and in tnuMit by

foUows:

On

wevks were.
Wt^k
tndino—

poitB,

H05

60»,299|

Au«. 27
Sept.

to
8.

Btuh,
1,310.137
422.5 i2
90.791
46.»bl
3.132

8.951

~.886 444

Tha risible supply of grain, comprising the Btocks in granary
at the principal point* of ^(ntmulation at lak« and seaboard

quiet in

firs'

hands.

—

The jobbing trade was less active
than in the previous week, but a fair business was done in some
quarters. At first hands the demand was comparatively light,
though a few specialties, as fine black silks, velvets, plushea
and drees goods met with a fair share of attention from jobForeign Dry Goods.

bers and large retailers. Prices remain fairly steady,
•toeki ar« in pretty good shape aa a rule.

and

THE CHRONICLE.

306

[Vol.

XXXIX.

Exports of Leading Articles of Domestic Produce.
Importations of Dry Goods.
The following table, based upon Custom House returns,
The importations of dry goods at this port for the week
ending Sept. 11, 1884, and since January 1, and the same facts shows the exports from New York of all leading articles of
for the corresponding periods of 1883, are as follows:
domestic produce for the week ending with Tuesday last; also
the exports from the 1st of January, 1884, to the same day, and
for the corresponding period in 1883

£§
B -2

^

s

».

;

.

"

i

go;
•

1

1

•

;

•

Week ending

1^

a.

Sept. 9.

!•••©»
S.
'

:

!

;

*

•

•

t

•

:

a

i-k

Ashes, pots
Ashes, pearls

Beeswax

Since Jan.

Same time

1.

lust year.

bbls.
bbls.

89fi

lbs.

9,348

1,365
148
16,694

77,426

3,073.918

3,733.947

2,8'<4

2.(t-6

1,479
1,039.8^7

79.t66
18,013.013

14,4."i0.867

169

Breadstuffs—

coo

CD O* CO "—-J

CO CD
CO v-i—

ICO

K.

OOjOCO

Flour, wheat
Flour, rye

<JtO.**^t0 05
CD CO
CCQOCCX to

f O^

Ufe)

^CO

tU |U

i

p-t

O CO tc

CCZfl

OtCC>;-'C0

too

CS JlOXOD

Wheat
Rye

t3 -J *J 0>

CO<l - ^'-'

coco

1

|0^:_CD_*-p9

00

O W3:
C CO :; CO
O
J.

-J

bbls.
bbls.
bbls.

Corn meal

bush.
bush.
bush.
bush.
bush.
bush.
pkgs.

Orits

^irobiooD
^ CT. CO ^

tarley
Peas

:j'

rf-<ICO^i--

Com

Candles
Coal
Cotton
Domestics

V V. V CO

O)

*yCD,tOCOJD

— OtOK <I
ctnt

OOrfi.-l'^Oj
1^ 00 -)

<JQO
-100

o^

(--OO

^-CO^*-GC
"cotcbil-bs

M p- O #* X;

^

c;*-"

ro

I^GD

QOWO)"-©

-a CO

_

o

c•^- coar*
•* H*
03

—

O

Crf"

r^

K

Ct^^O-tO*-

M^
OM

00

w

MtO
Oltv K)

C

"X"

if^y

^

t3

i h-

K
B

"ioCC
CO -.0

O J*
to

CD
CO

a GDaXHOO
(OOQDI O
QCCD
O r CDUt-Hi
Qo:"
^C5-J*-M

?!

CCl

MW
coo

:»-

MH'

a CO to OS
co^i — oos

CCtf*

ooat

^ to V< CO Oi
-1

toi^

JO

pwjooiw
10

it^

CXiri^WOCTi

w

^JCOOCC

00 O. |t^ 05 -si

M 00 ^ ^ *k
00 <U -J

(X)

And all

Oilcake
Oils-

owt.

2.069

Whale

gals.
gals.
gals.
gals.
gals.

20.4nrt

?;.

Linseed
Petroleum

S

Provisions

^^

-.]

Pork

I

Beef
Beef
Cutmeata
Butter
Cheese

0» C" CO »^ il*.

^

O«03
tC
coyi-i T CO
^-'^-t^:oco

-icbco'co CO *- -• en
M05 05i;,io

lbs.

A tnll aapplj, all Widths and Colors, alwars
No. 109 Dnane Street.

to

Bliss,

Fabyan &

Co.,

BKOW^N

JULY,

4fi

Whits Strkbt,
YORK.

NEW

tc CO..
Chadncit Stbbbt.
BOSTON.

AOKNT8 rOR

HoHlery and Yarn

,

Brown ,W ood & Kingman
SELLING AGENTS FOR
Ge€.. H. Gilbert Mfg. Co.,

.

Arilngtou milM,

Menfrew

Freeman Mfg.

Co.,
Mfar. Co., .TanicH Phillips, Jr.

,

.,

60 Woi'th' Street', tad"'
37 IhtKUuH Mreetf "- >•'

&

81

France.

GENERAL TRANSATLANTIC CO.
Between NEW YORK and HAVRE,

;

42 North River loot of Morton St.
Travelers by this line avoid both transit by English
of crosslnji the Channel

Wed.. Sept. 17.4 A. M.
Wed., Sept. 24,8 A. M.
Wed.. Oct. 1.8P.M.

PRICK or Passaob— (Including wine;:

I'o

uavre-

Flrst cabin. tl(X) and »80; second cabin. $60: steertaft— includlDK wine, bedding and utensils. Return tickets at very reduced rates. Checks on Banque
Transatlantlque, Havre and Paris. In amounts to suit.

from Havre

two hours before the departure of a steamer

•ODIS DK BEBIAN,

CO.,

SAEE.

SINCE 1870.
Any

possessing these volumes since 1870 has
at hand for convenient reference a complete and reliable tlnancial history of the period. Parties having
the more recent volumes can obtain from the pub
Ushers most of the earlier volumes, or complete sou
can be furnished.
ic CO.,
B.
oflace

DANA

WILLlAm

7«

*

81

WILLIAM STRKWT.

to Parle.

The Conlpagnle Qenerale Transatlantlque delivers
at Its office In New York special train tickets from
Havre to Paris. Ba^Kuge checked through to Paris
at least

&.

Chronicle Volumes

Btce,

Special Train

DANA

WILLIAM STREET, NEW YOKF

FOR

From Pier (new)

,.

]?0^T01f,„31 Bear. rdBtrcet.

W£WY0Rk5°^
"133 *&

;

79

Fitchburs: Worsted c;«.,
without examination at Havre, provided passengers
George Wlillncy, Continental Mills. have
the same delivered at the Company's Dock In
Lincoln MUJs.
,
New York, Pier 42 North Hiver. foot of Morton St.
„ ,,,
.

1884.

PRICES; DIVIDENDS.

1VILL.IAI«I B.

OWL,*

ST. GEH.MAl.N. Trauh
lflili>

14.1.79

26,19ts422
74.173
34.146
4,583 652
190,762

^XtVLVxshiTps.

Ocean Mllln Co. Atlantic Cotton miUs, Railway and the discomforts
Id a small boat.
Peabody inillii, CUIropee OTfg. Co.,
l.ABRADOU, Collier
Uerton NewmillH,
Wlilte ini'iE. Co.. CANADA.
l)e KiTsabiec
tiaratoBa Victory Mle. Co.,

74.63'J.7H9
136.661.3.54

Price In Red Leather Covers, • - $1 00
7a
To Subscribers of the Chronicle,

for Export Trmtt.

16

12.520,260

St., baseuicut
If not con-

Cheapest place in llie> city.
call, send for samples.

venient to

Motley, Direct Line to

A

;i.'>„)59

196,'.*77.483

DESCRIPTION INCOIHE

Before buying your Carpets. Linoleum. Oil
MattiiiKs. crH at BENDALL'S

Towels, QulltSj'Whlte Goods &. Hoaler,

4S

118,104
31,876

Railroad Securities

*«.

Joy, Lincoln &
SrCCISSORS TO
B. &. inUDGE, SAWYEB

2o.:-.75

276,389,8.'!

Clolhs or

BLEACHED SHIRTINGS
AND SHEETINGS,

t>riUt. "htetinaM. <tc..

2H4,708

STREET,

Carpet Store, 114 Fulton

dc

PRINTS, DENIMS, TICKS, DUCKS.

88,299
16>l,293

PHINTKR,

OFFICE
CARPETS.
floor.

New York, Boston, Philadelphia,
SELLING AGENTS FOR LEADING BRANDS

5.()23

haivd-book:

(HANOVEK SQUARE.)

CO.

2.=i,259-

^xiMicatijOtts.

Cole,
&
AND

^o. 1 ^VILLIAIH

to itock

38,^08

...I'.kh

Supplies Banks, Bankers, Stock Brokers and Corporations with complete outfits of Account Books
afid Stationery.
New concerns organizing wlU have their orders promptly executed.

AlBO, AKents

4,367,20.1

697
917.223

l,9;i4.24(i

2,159,138

BAGS, "AWNING STRIFES.

UNITED STATES BUNTING

1,218

2,497

.bbls.

jy

kinds of

1,791,911

ISf) 42.i

2,122,l.S2
6»o,' 95

hhds.

ESTABLISHED 1855.
EUGENE R. COLE, Successor

5,233
1,399,892

86.272
35,457
2s,963
136,070,417
10 2.i0.li38
69,402.171
86,718,373
1H,775
25,216.438
5H.079
31.593

4a6

©ards.

i£iammzxt\Kl

8TATI0NKR

CANVAS, FBLTINQ D0CK, CAB
COVERING, BAGGING, BAVKN8 DUCK, SAIL
TWINES, 4C., "ONTARIO" SEAMLESS

785
8,347,974

lbs.
lbs.
lbs.
lbs.

Whaiebon**

116
179.720
6,709

37,102
67.234
336.302
3 -,5^5
234,280, 08

?52

bales and cases.
Tobacro
Tobacco,manufactured. lbs.

0*-C0^1'-0*
co^toooyt

Sears

COTTON

BU
37

1,734
1.195

Lard

575
12,925
181,595
6,538

.•^36

bbls.
bbls.
tierces.

Bice
Tallow
Tobacco, leaf

0« CO JO CO CI

ManufactarerB and Dealen tn

COTTONSAILDUCK

89,633
4,315

39

7,312

p CO X ;-jp
*^

Brinckerhoff, Turner

Co.,

42.i,750
97,6;)1

63,n29
40,998

I>ard

©ommjercial ®at;ds.

&

9.i,81i

Spei-m

oscpIooico

iT;-

S82

bbls.
bbls.
bbls.
bbls.
bbls.

—O

p

5«0

l,2'.i0

Pitch

-:i—
jcr-fo
co'coV CO '-4

9 9J7
8X.OS4
18.1i3,142
31,573
61,034

94,!»bl.

pkgs-

Tar

"-*

cp

t0---4OC0

I

OX

M»^^

tOI-*

ox

'-r*-w*

I

05
Oj 00
ftt-iCO XfvO

0»*

*».|CCOC>t^

H'tOJJ'CO-1
OS- lOicco

H--^
*tc

CO C^ V>

cn 10

O-

I

I

I

114..,52

526

9:(,778
7S.8ri4
8,41.S.63«

bales.
bales.

Rosin

WTO

<ItO.OCC05

2,76 ,006

1,8-Jft,.^33

37.467
49,178
392,172

Spirits turpentine

<] -sl'l

WCD>^tC».QD

MM — CO
to
COWMOp
'rf».McociVi
CO CO C -J **

s

-4

0-.p

tO<]'tO»-M
0-.

ry.

tOH-

"b'ts

'-'V' 03

X03^
co^ooop

2.952,'>21

1.042
9,94i

Naval StoresCrude turpentine

"J<

<13:Q0

»-*--IO»

PI

)U

o
u

to

05

-104^10-'

s

ti ^
^
O X — (D -4
M
M-

M

!-•

Hops
%£
0»P
00

2i.ilti

7o,074

tons.
bales.

Hay

1

ojoooccoa
c*

O

oscniocoo

ODh-OS-l'l

O WCOX CO
SQ

CO CI 01 -J
CO :*•> i; 05

Ot'

8i.633

A««ttt,

JOSEPH CI LLOTTS
STEEL PENS
ScaoBy ML DEALERSThhouchoutThe WORLD
gOLOMEBAL PARI S,. £XP.$ 3 Ll^iPBrl'^^

SEPTEltBEK

THE CHHONICLF]

IS. 1884

%xi3wvmucz.

rii

%nBnK«nct,

The United
OFFICE OF THE

ATLANTIC

IN

States Life

Insurance Co.
TUB CITY OF JtWlXT VOBK,
(OROANIZKD IN
T. H.

BROH.NAN.

Henry Hentz & Co./
COMMISSION MKRCHANTg,
8 South William St., New York.
BXHCUTH UKUKKi FOK KUTUKK DBI,lrm>

C O

18G0.)

& 263 Broadway, New

861, 2C2

Mutual Insurance Co.,

<i!P0ttini.

York.

attheNBW VOBK,

Geo. H. lIiTitrimii, Actuary.
an act of tbe lyeilninture of thin State this Company's charter wai so amended In 1888 that hereafter

at the

all

the proflts shall belonx to the policy-holders sx-

olufllrely.

The Triist«e8. In coiifonulty to Oie Charter of
the ConipHny, aubiult the following Statement
of it« atlulrH on the SUt December, 1883:
Premlnnia on Murine Rlska from
lat Junnuiy. !S83, to 3 ist Decenilxr. 1883
^,168,»53 10
PreiuliiniH on Policies not marked
off 1st January, 1883
1,539,232 53
Totul Marine Premiums

*5,708,185 63

All Policies henceforth Issued ar« Incontestable
for any cause after three years.

Death Claims paid at once as soon as satisfactory
proofs Hie received at the Home Office.
Absolute security, combined with the larxest liberality, assures the popularity and success of this Co.
All forms of Tontine Policies Issued.
1882.

olT

Payments to pollcy>boldors

from Isl

January, 1883, to 3l8t December, ISaS
$4,260,423 93
Losses paid during the same
period
$1,901,042 38

Returns of Premiums and Expenses

'

The Company baa the following

$850,080 76

Increase In

York Stock.

City,

THE

MUTUAL NEWLIFE
F. S.

Bank and
$8,666,795 00

by Stocks and
1,956.500 00

otherwlite

Beal Eatate nnd Claims due the
Company, e«tlmat«d at
Premium Notes and Bills Ro-

425.1

in

Bank

Amount

CO.

WINSTON,

President.

ISSUES BYERY DESOBIPTION OF
LIFE<k END O WMENTP OLICIES
Rates Lower than other Companies.

Assets,

-

14, 1842.

$101,148,248 25

-

ing certlflcate^ of prollts will be paid to the holders thereof, or their legal representatives, on
and afier Tuesday, the Fifth of February next.

THE OUTSTANDING CERTIFICATES of
the Isnue of 1879
be redeemed aud paiil to
the holders thereof, or their legal representatives, on and after Tuesday, the Fifth of Feb
ruary next, from which date all interest thereon

Theo. H. Prick.
Ijate of Eure, Farrar

Price,

The

certitleates to

A DIVIDE.ND OF FORTY PER CENT

&

Liberal advances made on Cotton consignments.
Special attention given to the sale of cotton to
arrive or In tran-iit for both foreign and domestic
taarkets.
Correspondence suUclted.

&

Sawyer, Wallace

the Board,

H. OHAPHAN, Secretarr.

No, 18

Co.,

BROADWAY.

COTTON
No.

134

D. Jones,
Charles Dennis,
W. H. H. Moore,
Charles H. Russell,

J.

OKDKRa FOK FirrrBE Contiiact8 Exkcctco nr

NEW YOKK AND

G.

Jame^ Low,
David Lane,
Oortlon W. Burnham,
A. A. Raven,

Wm. Sturgts,
Benlamm H. Field,
Josiah O. Low,

WlUiam

E. Dodge,
Royal Phelps,

Hand,

John D. Hewlett,
VMlllam H. Webb,
Charles P. Burdett,

Alexander

Robt. B. Miutum,
Charles H. Marshall,

John Elliott,
James O. De

M^ARE

Charles D. Leverich,
William Bryce,
William H. Fogg,
Thomas B. Coddington,
Horace K. Thurlier,
William Degroot,

John L. Riker,
N. Denton Smith,
George Bllas,
WilUam U. Macy.

JOHN D. JONES, President,
CHARLES DENNIS, Vloe-Presldent.
W. H. H. MOORE, 2d

Vico-Presidant.

aAYXM, 84 Tlo»fieBldwit,

TO OBDBR

for

John C. Graham

&

Co.,
COTTON, STOCKS, BONDS, &c.,
WILLIAM 8TRBET. NKW YORK.

Orders In " Futures" executed at N. Y. Cotton Exch

Dennis Perkins

&

Co.,

SELMA, ALA.; MONTGOMERY, ALA.

Alfred von

126 Pearl Street,

New

York.

Orders for Spot Cotton and Futures

MCMuted.

Gu.ndeli..

Charles MAVHorr.

von Gundell & Mayhoff,
COTTON BROKERS,
N08. 2

&

4

STONE STREET, NEW YORK.
A;

MAYDOFF,

COTTON BUYER'^,

KEKIPHIS, TENN.
HoiFmann,

F.

COTTON BROKER AND AGENT
38 RUE DE liA BOURSE, HAVRE

James F. Wenman & Co.,
COTTON BROKERS,

PEAHL STREET,

N. Y.

Established (In Tontine Bulldlna) 1840.

Bullard

&

Wheeler,

IIB IdAIDEN LANE,

NEW

YORK.

BAOOING AND IRON

TIES,

(FOR Baling cotton.)
Agents for the following brands of Jute Basffing,
"l'a«leMllls,""BriX)klynOitT.""GeorKla.""Carollnar'
'Nevlns. O ''"Union Star." "Salem." "•llorloon Mills,"
Jersey Mills " and " Dover Mills."
'

TIES.

BAGGING.
WARREN, JONES & GRATZ.
8T. LOUIS, Mo.
Maanfactnrers' Asenta fbr the sale of Jut*

COTTON BROKERS,
prompUl

Co.,

Buyers of Cotton for a Commission. Orders for Fu
tare Contracts executed In New York and Liverpoo

IMPORTERS OF IKON

'

&

COTTON COMMISSION MERCHANTS
No. 18 WlUlam Street, New York.

COTTON

;

26

SCUROEDER,

slgnments.

SP1.NNBK8 and EXPOKTBRS.

COHRESPO.VDISSIC* SOLICrTBD.
KEPBRKNCE3.— Nntlonal Ban* of Augusta. Qa.i
Henry Ilotz Jc Co.. Comnilasiun Merclmnts. New
York WilllHm B. l>uim <& C(,., Proprietors CoMMKH.
CIAL & t''i.NA&'CiAL CuuuNicL,!, and Other New York
Houses.

H. Tileston

&.

Special attention paid to tbe execution of orders
for the purchase or sale of contracts for future dellTery of cotton. Liberal advances made on cea-

Cargill,

Entire attention Kiven to purchase of

Co.,

COTTON COMMISSION MERCHANTS,
POST BUILDING,
16 & 18 Exchange Place, New Tork.

COTTON BROKERS,
AIJOVSTA, OEOROIA.

Forest,

&

Schroeder

No. 113

&

LiVKHPOOL.

SUCCESSORS TO

BABCOCK&CO.

BABCOCK BROTUKU8 & CO„
50 WaU, STREIT.

Horace Gray,
Edmund W. Corlles,
Adolph Lemoyne,

PEARL STREET,
NEW YORK.

VON GVNDELE

Receive conplKnmentB of Cotton and other Produce
and execute orders at the KxchauKcs la Llrerpool
Uepresented In New York at the office of

TRUSTEES.

& Co.,

COMMISSION MERCHANTS,

Liberal advances made on Cotton consignments
Special attention given to orders for contracts for
future delivery of cotton In New York and Liverpool

B. F.

D. MII.LEK.

Hopkins, Dwight

COMMISSION MERCHANTS,

COMMISSION MERCHANTS.
17 Water Street, LIVERPOOI.,

A. A.

Hopkins. Lucirs Hopkins SMrrH.

CUAULBS

Co.,

& Commission Merchants
NORFOLK, VA,

is

declared on the net earned premiums of the
Company, for the year ending 3l8t December,
1883, for which certiflcates will be issued on
•nd after Tuesday, the Sixth of May next.

J.

Price.

Reid

be produced at

the time of paymenv: and canceled.

By order of

&

Il^ROUH Kkii>.

Cotton Brokers

wU

C. A.

C.

BANKERS
AND

®0ttOtI.

will cease.

OoBTATus

$12,972,312 47

BIX PER CENT INTEREST on the outstand-

and

COHKEHPONDE.NTB
Messrs. Smith, Edwards A Co., Cotton Brokers,
Livorpuol.
Messrs. Samuel U. Buck k Co., New Orleans.

YORK.

OP

ORGANIZED APRIL
1,588,306 79
335,710 6

celvaiilo

Cash

00 00

8,118.81446 5,2n8,2l248
47.^,l«a«8
4SU.e79 4(l
written lirl88S over 1888,

87 per cent.
dealrlng to represent the ComSany. are Invited to address J. S. OAFKNBV,
uperlntendent of Axencles. at Home Office.

INSURANCE

Assets, viz.:

CHICAdO BOARD OK TRADE.

the

GOOD AGENTS,

United States aid State of Newother StopkR
Loans secured

new business

and

NEW YORK PRODUCE EXCHANGE

1SB.S.

Insurance Written.... 18 800,000 00 »5,2.SI,000 00
Insunuioe Ui force
1B.7MO.0OO0O 18,KI«,«"0 00
Assets....

PremlumR marked

at the

CoupAKiaoN or Busixcss fok Two Ysars.

New

for

OKAIN AND PROVISIONS

Bjr

NEW YORK, January 24. 1884.

AND NEW OIU

COFFEE
NRW YORK COKKEB KXCHANOK.

President.

FBALRIOn, Sec'jr. A. WlIKELWrtlOUT. AM'tSec

C. P.

T T O JV

I.IVKItPOOI,

I.BAN8 COITO.N KXCII ANCiK.-*. Also orders

Baonns

IMPOBTSMS OF

IKON GOTTOK TIBS,

THE chronicle:

vm

W.

INMAN,SWANN&Co

NEir YORK.

MANS MADK ON ACCKPTABLB

—with Interest upon balances.

New

FOB Future Dkliteby of Cotton.

Jemison &
BANKKKS

S.

accounts of

Lehman. Abraham A Co., Lehman, Durr &

C o.,

AND

New

Co.,

Montgomery, Ala.

Orleans, La.

LEHMAN BRO'S,
Cotton AND Factors

& Gwynn,

COTTON FACTOBS
AND

No. 40

Up-town orricK, No.

&

YORK.

NEW
^~

YORK,

AND NORFOI.K, VA.
Special attention given to the execution of

orders for the nurcbase and sale of Cotton. Grain
and Provisions for future delivery. Liberal advances

made on consignments.

^^^^^_^_^

Edward H. Coates

&

CHESTNUT STREET,
PHIIiADEIiPHIA.

&

PEAKL

ST.,

NEW YORK.

New York.

FRANCIS

PEARL

ST., 186

New

OF NE\r YORK.
OFFICE 119 BROADWAY.
13,000.000
CASH CAPITAL

Special Attention Given to the Execution

or

& Wakefield,
COTTON

No. 61 stone Street,

NEIY YORK.

And General Commission Merchants,
84 Beaver

St.,

&

Henry M. Taber
141

PEARI.

ST.,

Co.,

OF HARTFORD.

CO.,

&.

COTTON BUYEES,

MONTGOMERY,

,

Geo. Copeland

&

COTTON BROKERS,
186 PEARI. STREET, NEW

CO.,

NORFOLK, VA-

No. 5

COTTON BROKERS,
and 7 lYILLIAM STREET.

Special attention given to orders for the buying
selling of Cotton for Future Delivery.

and

Co.,
YORK.

S3 Broad Street,

NEW

YORK.

WALTER &KROHN,

COTTON MERCHANTS,
•T rSAKI. STBEST,

&

«8

1,923,185 95
4.000,000 00

$3,269,457 86

NET SURPLUS

No. 3 Cortlandt St., New York.
JAS. A. AIiEXANBER, Agent.

North

&

British
Co.

Mercantile Ins.
OF

EONDON AND EDINBURGH.
United States Board of Management,

NEW

YORK:

SOLOK Humphreys. CiVn, (E. D. Morgan A Co.)
David Dows, Esq. (David Dows A Co.)
E. F. Fabbri, Esq. Drexel, Morgan A Co.)
Hon. 8. B. Chittenden
EzBA White, Esq.
J

J.

AsTOK, Esq.

CHAS.

E.

WHITE, SAM. P. BLAGDEU
MANAQSRS

Offlee,

54 urUllam

St.,

New

York.

U ommercial

Brothers,

COTTON BROKERS,
No*. 31

Tainter,

John M. Ewen.

Jr.

Ewen

AI.A.

A COMMISSION

&

EVRE, FARRAR &

WABRSN EWKN,

PITROHABB OKLT ON ORDERS »OB

Waldron

Liberal advances made on Cotton consignments.
Special attention given to orders for contracts for
future delivery of Cotton.

$9,192,643 80

1881

and re-lnsnranoe fund
Capital

Jones,

William H. Beede& Co.,

Advanoea made on ConBlKmuents of Cotton. Contracts for Fttture Delivery of Cotton bought and
sold on oommisdRn.

H. CLISBY

&

1,

for unpaid losses

Liabilities

and saleol

STREET, NETT YORK.

132 PEARI.

NKW YORK.

COTTOIV.
JOHN

Farrar

New York.

Liberal advances made on cotton consignments.
Special attention given to orders for contracts for
future delivery of cotton.

Company

Insurance

Tuttle

Special attention given to the purchase
Future Contracts.

17,343,574 4«

1884

iETNA

Cotton Commission Mercliants,

;

1,

CHAS. J. niARTIN, President.
J. H. WASHBURN, Secretary.

ORDERS FOB FUTXTRE CONTRACTS.

Robert Tannahill & Co.,

00

2,65 ',607 00
Reserve for Unearned Premiums
350.312 42
Reserve for Unpaid Losses and Claims.
1,342,656 04
Netsurplus

St. 1x)0is.

Orleans, La.

Sec'y Local Dep't.

Company

Insurance

GRAVIERST.,

New

York.

35
68

8»8,»67 64

HOME

Wh. Mohr. H. W. Hanehann. Clemens Fiscber.

Mohr, Hanemann & Co.

BURKE,

P.

Cash Assets, July

Chicago.

2,042.25i2
2.56.486

13,857,676 65

IN

Orders for future delivery of Cotton executed In
Liverpool also for Grain and ProYork.

New York and
Tiaions in New

....

CROTTEIili, President.
WM. R. CROWELL, Vice-President.
PHILANDKR SHAW, Secretary.
WM. CHARTERS, Assistant Secretary.

GRAIN, PBOTISIONS AND COTTON.

Bloss,

COMMISSION MERCHANTS,
No. 123

COMMISSION MERCHANTS

CO.,

No. 116

...

STEPHEN

Assets January

COTTON COMMISSION MERCHANTS

Gwathmey

Reserve for unearned premiums
Reserve for unpaid losses
Netsurplus

Co.,

Broadway and Beaver Street,

123

CLAGHOBN, HERRING &

&

WEIiliES BUII.DING,

Co.

successors to

statement of

CBtTBCH Strkkt,

A. Kent

Co.,

coimmisstioiv merchants,
NO. 12 OLD SLIP,

804

Orders executed at the Cotton Exchanges in New
York and Liverpool, and advances made on Cotton
and other produce con.slgned to us, or to our correspondents in Liverpool, Messrs. B. Newgass & Co.,
and Messrs. L. Rosenheim A Sons.

16 and 18 Exchange Place,

NEW

195 Broadway, New York City.
Company 1«( Day of July. 1884.
Jl ,000.000 00
CASH CAPITAL
Office,

NeTV York.

COMMISSION MERCHANTS, E.

Rountree

and

Phenix Insurance Co.
OF BROOKLYN,

COMMISSION MEKCHtANTS,

EXCHANGE PLACE.
MEMBtRS OF THE COTTON, COFFEE AND
FRODVVE EXCHANGES.
Jemison.Groce & Co., Galveston, Texas.

Post Buhj^ino,

INVESTMENTS
COUNTRY BANKERS.

Special attention paid to

York.

WANTS

C»TTON COMMISSION MERCHANTS,
No. 23 WUIlam St., New York.

Fielding

Sons,

BANKERS,
14 NASSAU STREET, NEW YORK.
Personal attention given at the KXCHANOB8 to
the purchase and sale of STOCKS and BONDS for
cash or on margin.
DEPOSITS KKCEIVBD—subject to check at sUkt

COTTON MERCHANTS,

Cash Adcances Made on Cmisignmenit.
BPBOIAI. ATTKNTIOV to OBDKBS FOR CONTRACTS

E.

&

T. Hatch

13* Church Mtreet, N. Y.,
Bo.«»rnn.»T>-mf
OrriCES ,^^^
BaANCH
ch»pel St., New Ilavea
J

KCURITIBS.

OOTTON, ALL GRADES, SDITABL.E TO
of spinnbks,
Offered on terms to Suit.

'

Benry P. Batch.
Artkur M. HaUk.

Walter T. Batch.
Nath'l W. T. Batch.

Stillman,

MERCHANTS,
16& 18 Exchange Place
Building,
Post

13, 1884.

piisceHattcottB.

(£ifS\X0VL.

([/dttOXL

Woodward &

ISePtembek

Union Jns.L/O,
<0r LONDOITJ

ALFRED

COTTON BROKERS,
BEAVBR 8TRBST, NEW YORK, Cor. Pine

PELL,

Besidvnt Marummr,

& William Sts