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BPl
utattfuti
X
MERCHANTS’
HUNT’S
3$ ft felt)
^
REPRESENTING
THE
gkWjSJKtpn,
AND COMMERCIAR INTERESTS OF THE "UNITED STATES.
INDUSTRIAL
jEntcred according to act of ConcTCR"1. in tlio year 1 S^4. by W.u. XL Dana & Co
CONTENTS.
THE CHRONICLE.
British Federation and Amer¬
ican Trade
313
307
The Financial Situation
The Report of Mr. Adams on
Union Pacific
310
The New Road to New Orleans 31
Tlie
Meeting of tlio Emperors. 312
Monetary
and Commercial
English News
314
Commercial and Miscellaneous
315
News
THE BANKERS’ GAZETTE.
Quota ions of Stocks and Bonds
Money Market, Foreign Ex¬
change, U.S. Securities, State
Bonds
and Railroad
8to ks
New York Local
317
Stock Exchange
Secur ities
Railroad Earnings and
and
Rangr in Prices at the N. Y.
318 j
319
32 J
Bank
321
Returns
Investments, and state. City
and Corporation Finances...
322
THE COMMERCIAL TIMES.
333
326 I Breadstuff's.
Commercial Epitome
326 I Dry Goods
Cotton
334
3pre Chronicle.
The Commercial and Financial Chronicle is
New York every Saturday morning.
\ Entered at the Post
TERMS OF
.
in the oTico of fie T/lvarirm of C m'rross. Washington, D. C]
SATURDAY, SEPTEMBER 20, 1884
39.
VOL.
MAGAZINE,
published in
Offloe, New York, N. Y., as seoond-olass mail matter. |
SUBSCRIPTION-PAYABLE IN ADVANCE:
For One Year (including postage)
$10 20
For 8ix: Months
do
610
Annual subscription in London (including postage)
£2 7s.
£1 8s.
Sixmos.
do
do
do
These prices include the Investors’ Supplement,
once
months, and furnished without extra charge to subscribers of
Chronicle.
issued
in two
the
NO. 1,004
development. It was well known before that it was not
Every one understood
prosperous, and no trade is.
that production, notwithstanding increased short time, was
in excess of tho demand, and that the only way the
stock at tide water was kept down was by filling all other
channels of distribution full and inducing purchasers
everywhere to load up by shading schedule prices. The
production of anthracite in August, according to the offi¬
cial statement, was a little over
million tons, so that
even without any further expansion in
this industry, if
full time were made through the whole year, the out¬
turn would be 42 million tons, 3 If million tons being
the largest amount ever yet produced in any twelve
months, and that was in 1883 with GO days idle time,
when it is believed that very considerable stocks were
This year with 78 idle days up
left in distributers’hands.
to September 1st against 51 for the same time last year,
production had fallen off only 63G,000 tons ; and should
the time bo the same during the remaining months of
(when there were no idle days except 9
December) this loss, through the increased capacity for
Subscriptions will be continued until definitely ordered to be stopped.
The ubliHhers cannot be responsible for remittances unless made by
production, would be more than made good. Altogether,
Drafts
Post-Ottlce Money Orders.
A neat file oover is furnished at 50 cents; postage on the same is 18
therefore, further short time with less revenue to the
cents. Volumes bound for subscriber** at $1 ou.
Offices In England.
roads is inevitable, but that was well known before, and
The office of the Commkkcial and Financial Chronicle in London
is with Messrs. Edwards & **mith, 1 Drapers’ Gard^us, E. C.. where
report says had been agreed upon.
So we do not Bee
subscriptions and advertisements will be taken at the regular rates,
and *burie copies of the paper supplied at Is. each.
any new development during the week.
The office of the Chronicle in Liverpool is at B 15, Exchange
A special feature relating to the coal stocks, and which
Buildings.
Publishers,
)
WILLIAM
B.
DANA
Ac
Co.,
Publisher
WILLIAM B
T9 Sc 81 William Street, NEW YORK.
encouraged short sales of those properties, was certain
JOHN G. FLOYD
1884
as
in 1883
in
l
or
•,OYI>*
S
Post Office il.x »58.
THE FINANCIAL
SITUATION.
markets this week has
been towards lower prices.
This is, however, of no more
significance than if the tendency had been in the opposite
The
tendency of the Wall Street
direction.
Holders of stocks still have
control and fluctua¬
pretty much at their will, whether up or down.
Short sales are of course the main reason for the decline,
tions
are
combination,
roads, with
other similar gossip, have accompanied the movement; but
since little long stock is in general brought out on such sales,
while reports of difficulties in the coal trade and
rumors of a drop in dividends in Northwestern
the field remains
about
as
much
as ever
with those who hold
believed to
have been for account of a prominent holder, inasmuch
as tho certificates were in his name.
This was put in
connection with tho poor outlook for coal, and interpreted
as a strong
indication of the views of holders near tho
throne as to future prospects.
For, as is well known, all
outsiders who deal in what aro called the coal properties,
with tho exception of Reading and its lessee Central New
Jersey, do it wholly on faith, as no monthly returns are
published, and even the annual report in one case at least
is so meagre as scarcely to be worthy of the name.
Under
such circumstance it is easy to mako too much of a fact
sales of Delaware & Hudson
stock, which
were
under or overestimate current
Another feature of some importance in the
of little significance, or to
events.
Hence the changes in values in Wall Street so movement
against the same class of stocks was the
far as there have been any of late weeks are rather appavariety of rumors put afloat respecting Central New Jersey,
rent than real, representing but little more than a series of
its lease to the Reading, and its future ownership.
wriggles on the part of the two classes of operators with There seemed to be no real fact to support
these rumors
little ultimate advantage to either side, those who are in,
except the bad state of the coal business and the impos¬
perpetually trying to squirm out. while those who are out,
sibility which might in consequence be developed of
experiencing a wonderful fatality all the time of getting
providing for dividends under the guaranty.
twisted in.
Of course if our industries do not revive, the coal
With regard to the coal trade about which so much
trade must suffer still further. But ought not all business
has been said during the week, there appears to be no new
the
supply.
308
THE CHRONICLE.
[VOL. XXXIX.
impulse with the coming in of a new year. bility of higher rates. An inquirer wishes to know the mean¬
A corn
crop, larger than ever grown before, has ing of the current quotation for money at II- per cent,
this week been put beyond danger.
We have also secured and how far stocks can be carried at that rate. Most of our
ft good wheat crop and a fair supply of other grains.
The readers are aware that that is simply the figure for brokers’
only remaining doubt as to the agricultural results for the balances over night. It frequently has little relation to
the money market, and varies greatly according to the
season is the cotton crop, and that will certainly be larger
than it was in 1883, though the actual result cannot be momentary urgency of the inquiry. The real quotation for
•estimated for some time yet.
Low prices of all food pro¬ call loans is more correctly reflected in the business at bank.
ducts may possibly to a small extent delay the market¬ Banks always have a surplus they must loan on call.
ing of wheat and corn, but there ought to be a pretty The reserve of twenty-five per cent is of course idle in
free movement by January.
We shall also before that their vaults, but besides that 20 or 25 per cent more needs
'time be through our election, andCongresswillhave.no to be kept constantly available. ' This latter is the fund
Presidential record to make and can address itself to which either lies unemployed like the reserve, or, when
relieving the people of their burdens and stopping silver possible, is placed on demand on stock collaterals. Most
coinage—clearing the way m fact, of the hindrances to bank managers do not think that less than 3 per cent
a full and
free development of our national activities. pays for the risk and trouble of making the loan, so for
Or even if this hope of Congressional action may not be some time there has been a large amount which would be
About 50 per cent of the
realized, still the food crops are a fact accomplished, a gladly put out at that rate.
success in almost every section of the country.
deposits are usually placed in time loans which net the
banks
even now from 5 to 0 per cent.
With regard to the earlv movement of the Western
The meeting at Chicago of Western railroad managers
Of
crops there seems to be much difference of opinion.
course, old corn is in very light supply throughout the has also been a disturbing influence this week, while the
country, and for the next two or three months must figure further falling off in the earnings of the Northwestern
for a less amount in the general total.
Though public
But with such a roads tended in the same direction.
bountiful crop as is now fully assured, it would seem reports from Chicago were on Thursday most encouraging
reasonable to anticipate some haste in forwarding that por¬ for a peaceful solution of the differences, private reports
tion which is ready for market earliest.
After that, and did not express the same confidence. St. raid was spec¬
when farmers have disposed of sufficient of their products ially depressed, first by the announcement that a mortgage
to meet their more immediate necessities, it would not be for live millions has been placed upon terminal pro¬
surprising if low prices should in some measure interfere perty at Chicago and Milwaukee, and further bv the
with the speediest marketing.
And yet, may not even delay in declaring the semi-annual dividend, the rumor
that result be modified by the circumstance that this is being current that three of the directors had threatened
pre-eminently not a speculative but a needy year. Kail- to resign if it was not reduced to 3 per cent.- Yesterday
roads are seriously in want of business, and if prices of afternoon, however, the regular dividend of
31- per
cent was officially declared.
No little use has likewise
grain are so low as to make the farmer loth to sell, the
been
made
course the Northern Pacific and the Manitoba are pursuing
during the week of Mr. Vanderbilt's name as
the
seller
of
various stocks.
of making the rates fit the times will have to be adopted
According to report he has
by all. And then the farmer, too, needs money more disposed of all his Jersey Central, most of his Northwest
than in any ordinary season; credit does not serve him as and a good portion of Lake Shore.
The oversold condition
well.
There is less confidence, money-lenders scrutinize of the market for at least two of these properties may be
more closely, and all merchants,
from the city jobber to taken as pretty conclusive evidence of the value of these
stories.
Erie stock and bonds continue to feel the effect
the country storekeeper, are more cautious. *
A fact which has encouraged the prevailing belief that of the unfavorable construction put upon the report of the
there was to be no haste in forwarding the crops, is that committee of investigation referred to last week, and the
consolidated second mortgages are now regarded as having
up to this time the demand on this centre for currency for
the purpose has been small.
In that connection, however, only a speculative value.
Central Pacific, in accordance with the lately adopted
w~e must not forget that
cotton is verv late, that old corn
and old stocks of provisions are in very limited supply, and policy of the Huntington roads to furnish regular reports
that thus far wheat has been about the only staple needing of- earnings and expenses each mofitli, now sends us the
funds.
Then, again, much less money is required in the figures for July, which we compare further below with the
West for speculative ventures, so that the demand for returns for the same month of the three previous years.
those purposes is also restricted. This condition will change The exhibit is more satisfactory than that for June, since
as the weeks progress.
In fact, within a day or two the falling off in net is much smaller than in that month,
reports reach us that the demand from the country upon but nevertheless the decrease amounts to nearly $100,000,
the interior centres of trade is becoming more urgent, and as compared with July, 1883, and nearly $200,000 .as
shipments of currency have been made from New York: compared with July, 1881. The June statement had been
it is not unlikely that these will be followed by larger particularly bad because of the Hoods in that month.
We
do not know whether the effects of these floods passed
amounts during coming weeks.
In the matter of stock speculation, holders of securities away with June; but even if they no longer retarded
have been greatly favored all along by the glut in the loan traffic operations and the actual movement of freight,
market, though if confidence in values remains unchanged it is not at all unlikelv that some of the damage
among money lenders, even higher interest rates would done by them was not repaired till July, and thus
most likely cause very little embarrassment.
At the mo¬ tended to swell the expenses in that month beyond
ment, lenders are more eager than good borrowers, and what they otherwise would have been.
Nevertheless,
readily accept all offers where they can secure sufficient by rigid economy the company appears to have been
margin and rate enough to pay for the trouble able to effect a saving in expenses, and for the first
and risk.
This week, however, there has been a special time in five months the total of the same is below that for
demand for time loans on stock collateral in view of the the corresponding period a year ago.
To be sure, the
reduction
was made contemporaneously with a decrease in
coming movement of currency to the West and the possi¬
to receive some
September
business, but so had the
previous increases.
The follow¬
ing shows earnings and expenses, both for July and
seven months ended with July, for four years past.
$
1.832,244
1,275,456
July.
Gross earnings
Operating expenses
..
Jan. 1 to July
Gross earnings
$
2
31-
Operating expenses
..
036,216
i
1,383,048
653,168!
556,788
Net earnings
1882.
1883
1894.
Central Pacific.
309
THE CHRONICLE.
20, 1884.]
$
2,076,649
the
est
.§6,941,514.
Against this the company had available
§2,482,863 of accounts receivable, and §1,992,667 of cash,
or a
total of §4,475,530, leaving a net lloating debt of
1891.
$
1,348,069
1,899,346
1,145.805
729,579
753,541
total of current liabilities of
accrued §1,703,188, or a
12,272,164 13,581.342! 14,232,619 12.789,272
7,455.167
8 906,148i 9,105,847
9,066,161
§2,465,984, which is not a heavy amount for a large cor¬
poration to carry. And this amount, moreover, is more
than covered by the §4,143,000 of second mortgage bonds
still unsold in the company’s treasury.
Foreign exchange has been heavy, in the absence of
active demand, and the market is also influenced by a
supply of bills drawn against shipments of produce and
The figures of breadstuffs and provisions exports
Here we see that in the seven months to July 31, net cotton.
earnings have fallen off §1,469,191 as compared with for August have been issued this week from the Bureau of
1883, §1,920,769 as compared with 1882, and §2,128,102 Statistics, and do not show favorably compared with last
as compared with 1881; also
that the gross earnings are year, but according to present indications we are likely
smaller than in any of the other three years.
The to be furnished with better results in September.. The
August totals are as follows,...
reasons for the poor exhibit in the present year are by this
3.206,003
Net earnings
4,675,194|
5,126,772
5,334,105
pretty well known. The road suffered twice from
floods—first in March and then in J une—which greatly
time
diminished
earnings. Then the crops in California had fallen below
the aggregates of previous years. AYe notice, for instance,
that in every month of 1883 the earnings from local
increased
business
expenses,
were
and at the same time
smaller than in the
corresponding month of
the same causes that produced this result
18S4. The late season's crops, however,
have turned out very flatteringly, and this may have an
important effect upon income later on. In this sense, the
gain in local earnings in August, 1884, over August, 1SS3,
(to which we alluded in our article on railroad earnings
last week) may be of some significance.
Northern Pacific's report for the fiscal year ended June
1S82,
and
extended into
furnishes a
very complete and satisfactory account of the company's
operations and financial condition. Copious extracts from
the report are given in our Investors' columns, on an¬
other page, where we also present a summary of results
for four years past.
AYe propose another week to make a
30, 1884, was
issued day before yesterday, and
2 Months.
August.
.bn.;
749,356
Flour... bbls.i
Tot. ia
A
A
2 Months.
ugust.
2 Months.
ugust.
;
9,550,588
1^,977,317
1,354,800'
CO
w CO
J
1
|
i
Quantities. |
Wheat.
1882.
1883.
1884.
097,(574
20,8(38,199
683,491
13,303,075
1,199,557
31,352,400
1,170,885
36,621,442
bush.! 15,0o9,225 25,074,214 12,(390,121 18,701,082 23,043,909
$
$
?
,9
Values.
$
*
j
44,550,732
15,1'2,S11 24,793,040 14,700,333 21,739,102 28,537,204
703,103
325,795
(5,403,0(59
3,501.13S
2,808,501,
1,051,853
Corn & meal.
112,410
50,902
(Sol
501,892
88,413;
785,042j
Kve....
l
[
I
Oats & Oat-|
28,147
19,127
50,309
30,9(54
!
110,223'
meal*
413,789,
25,197
18,172
50,419
12,798
82,323
52,225
wirt & Hour;
Barley.
i
1
’
bread-1
Total
1
i
stutrs, -alue) 10,455,530 28,509.500
8,5S5,s83 18,370,907
Provisit ms..I
!
Total
Pro-!
visions
and!
Breadst
*
18,810,129
29,088,541: 28,951,320
45,419,539
12,40(3,14(5
25,28S,811
(3,237,317
15,213,995
51,37(3.852 35,188,637
00,633,584
_
|
j
!
lifts..' 25,041,413
Oatmeal not stated
47 080,407
31,222,275
in 1882 and 1883.
slightly lower rates for exchange soon,
and some of them for prices which will justify gold
imports, though it is not generally anticipated that the
decline is likely to be of long duration.
Still, our trade
is now in such a depressed condition that it is impossible
to forecast its future.
If imports should be small, con¬
siderable gold must come in; but if the demand fromimporters for bills becomes urgent, it will be enough to
Bankers look for
company's position with reference to obliga¬
tions .and income. using the information so freely furnished
in the report, but at present shall content ourselves by absorb the offerings.
The following shows relative prices of leading bonds and
merely pointing out one or two of the prominent features
of the return, all of which are favorable.
The result for stocks in London and New York at the opening each day.
the year proves to be fully as satisfactory as had been ex¬
Sept. 19.
Sept. 18.
Sept. 17.
Sept. 10.
Sc}>t. 15.
pected, and agrees pretty closely with what was fore¬
! Lond'n N.T. Lond'n N.T.
Land'll N.T. Lond'n N.T. Lond'n N.T.
shadowed by us in our issue of July 5 last.
AYe there
prices,
prices.* prices. prices.* prices.
prices,
prices.*
prices.* prices. prices.*
110-064
120%
showed that on the basis of fixed requirements for the
119184 120% 119-064 12034
U.8.4s,e. 119 434 ? 203-4 119*43* 12036
111-07
112
112
111-07
112
111-55
112
11
P90
twelve months, as carefully estimated by Air. Oakes, the U.S.4%s. 11P90 U2H
13-82
14
i»%
1400
114
14-06
14-56
1434
14-68
143*
Erie
54-08
50
54%
5 ism
50-26
Vice-President, the company had in the eleven months to
80
56J4
50
57
5753
2d
34
124
123-19
122-9
4
12307
123 H
12'.%
123 80
9s4ji
99-00
the end of May for which returns had been received, Ili. Cent.
98** ± 100-27 99 '4 i
100-49
101 ^
99% 100-15
N. Y. C.. 10207
12-01 +
25J4
24%
12-30+
25
2534
12-491
earned §700,000 more than enough to meet the whole Reading 13-34+ 20%
80-75
80 X
82*08
81%
81-00
81%
8216
8134
84-31
Paul.
St.
43-52
44-13
43
43-05
43
t9
4334
charge in full, leaving the net earnings for June to still Can.l’ac. 44(56 44J4
further swell the surplus. These net earnings for June, we Exch’ge,
4-85
4*85
4-85
4 85%
cables.
4*8 5'a>
see, amounted to about §536,000, which would give a sur¬
Expressed in their New York equivalent,
t Heading on basis of $50, par value.
1 Ex-interest.
plus of over §1.200,000 for the year. The report now
makes the actual surplus above all charges of every
The following statement, made up from returns collected'
description §1,055,656, but this is after deducting by us, exhibits the week’s receipts and shipments of gold
$179,381 on account of expenses attending the opening and Currency by the New York banks.
celebration of the road last autumn. In the present year
Net Interior
Shipped by
Received by,
Week Ending Sept. 19, 1884.
the call for interest, &c., will be heavier, and to this we
Movement.
N.T. Banks. N.T. Banks.
Gain. #543,000
intend to refer another week, but it is certainly a very
#937.000
#1,480,000
OtUTflnny
review of the
,
.
.
.
.
con.
....
.
.
*
surplus is left for the past
year of over a million dollars above all requirements, espe¬
cially as it was so freely predicted when the company was
in financial tribulations last winter, that the road would
not be able to meet bare charges.
Another favorabla fea¬
ture in the report is the exhibit of current liabilities.
AYe
find that accounts payable by the company on June 30 were
$2,623,157, loans and bills payable $2,615,169, and inter¬
pleasing circumstance that a
Gold
Total gold and
legal tenders
$280,000 of this was transferred in
deposit of gold in the Sub-Treasury.
*
a
#1,480,000
The above shows
*300,000
Loss.
300,000
#1,237,000
Gain.
#243,000
the shape of silver
the actual changes in
certificates by
the bank holdings
gold and currency caused by this movement to and from
In addition to that movement, the banks hare
the interior.
of
lost §400,000
through the operations of the
Sub-Treasury.
THE CHRONICLE.
31G
[VOL. XXXIX.
In one or two particulars, however, the report does
Adding that item to the above, we have the following,
It gives in full the details of “income
which should indicate the total loss to the N. Y. Clearing furnish new light.
from
investments,” and in this respect is very useful indeed,
House banks of gold and currency for the week covered by
and
it
also gives an extended account of the charges against
the bank statemont to be issued to-day.
income which the company had to meet during the past
Net Change in
Tnto Banks. Out of Banks
Week Ending Erjt. 10. 1884.
Bank Holdings.
year, facts that have never been detailed before so far
Banks’ Interior Movement,
aa
above
|1.4Sa,000
tl.S37.0f>a
Gain.
*243 000
4-00.00 3
Loss.
41-0.000
8ob-Trea*ur/ operations, neft
Trttnl c*nl<1 n.n/1 Ipcth)
...
H1.4S0.000
*1.037.000
.
Loss ..t 157,OOf
the branch systems
as
are
concerned, and which
have been very difficult to get at.
Our
reference to the statement of charges is
are
and
only regret with
that Mr. Adams
England reports a decrease of £335,3S3
should not have seen fit to furnish the details of present
bullion for the week.
This represents £11,000 sent
abroad and £324,383 to the interior. The Bank of France requirements as well as those for the period past,
instead of dismissing that part of the subject with a
gained 3,820,000 francs gold and 3,078,000 francs silver,
and the Bank of Germany since trio last report lost single sentence, which however is yet of service, as we
shall show later on.
In making up his statement, Mr.
3,882,000 marks. The following indicates the amount
Adams has taken the same period selected by us in our
of bullion in the principal European banks tills week
article of August 23, namely, the twelve months ended
and at the corresponding date last year.
June 30, 1SS4.
This covers a period of exceptionally
September 20, 1SH3.
Septeml>cr 18, 1881.
poor earnings, and can therefore with all fairness be used
Silver.
Gold.
Silver.
Gold.
as evidencing what the road can show in even a bad time.
&
£.
&
&
On that basis Mr. Adams finds that after deducting all
24,218,585
22.SCO,37(5
Bank of England
12,103.927 40,850,070 33.087,521 41,170 23G charges of every description, government requirement,
Bank of Franco
7,3'2.500 22,087,500 7,214,000 21.642,000 &c., t-iere remained a surplus for stock of $3,179,705,
Bank of Germany
Total this week
equivalent to 5*22 per cent on the amount of the same
72.3-10,50j]62, 93 7,57(5 70.420.! 03 <52,s
72,S77,4G3!C3.20R,t9t5 70,439,9 0 o2,931 GO
Total previous week
outstanding.
The Assay Office paid $231,005 through the SubThe result in our article of August 23 was a surplus of
Treasury for domestic bullion and $428,392 for foreign $1,749,SI7, equivalent to about 3 per cent on the stock;
bullion (Spanish Doubloons) during tlio week, and the but that was arrived at
by comparing present charges
Assistant Treasurer received the following from the Custom
(which, of course, are larger than those of the year past)
The Bank of
....
i
....
House.
with the
Consisting of—
Duties.
Vale.
Gold.
U. S.
Gold
Silver Cer¬
Notes.
Certifies.
tificates.
$3,000 $132,004- $215.00«
$470,557 37
Sept. 12...
361,451 25
334,023 22
3,000
120.000
18 2.000
7,000
llo.CXK
150,004
4,000
223,90<
11
17...
487,503 81
282.31'- IS
8,000
lOO.OOt
117,001
r-4 GO
393,231 97
12,000
1?2,00<
t>G,00i
“
13...
“
15...
“
If...
“
Total
•
THE
$ - 7 •»«
*2.390.682 SO
..
REPORT
OE
MR.
«
G,00>
3 440.01*
ssco.!*-’
ADAMS
OX
$121,
50,000
expected. It proves to be merely a
•statement of charges and income, which though desirable
does not by any means cover all the points in dispute,
it
relates moreover wholly to the past, while as respects at
least the fixed charges, the details of future requirements
are quite essential to a correct
knowledge of the--position
of the property.
There is no balance sheet nor statement
of (inaucial condition, and .we are not made acquainted
with the present amount of the company’s floating uebt or
the shape it is in.
W'e are left in doubt as to how much
the
of
eight million five per cent collateral trust bonds
authorized, are outstanding, and how much held in
the company’s treasury.
Nor are we informed what
proportion of the bonds held in the treasury are
to be counted in offset to the 11.} million dollars- gross
and 5} million net floating debt reported by the Govern¬
ment bookkeepers as existing April 1.
The report is cer
tuinly defective in tlioso respects. Moreover, the subject
of the branch systems of roads—which included in the
company’s own earnings and which not, and the interest
of the Union Pacific in the same, with their liabilities and
obligations both to it and to others—is as much involved in
\\re have no desire to be hypercritical,
doubt as before.
a:id we recognize the difficulties that a new management
would naturally, encounter in mastering and acquiring the
details, but we wish these matters could also have been
included;
*
our purpose was different, and furthermore the
of “income from investments” and “other charges
account
to
had been
u
place,
items
our
against income” were not available to us. Besides, it was
our intention, if we erred at all, to err on the side of being
57,000
too unfavorable; and consequently, as stated at the time,
148,900
we placed every charge against income at abouLtke highest
n 03 7,0 0
figure possible, and every addition to the income at aboufc
UXIOE the lowest figure. Though these explanations would suffice
report of President Adams oil the conditionof
Union Pacific docs not contain as much additional in for
«
from that
143.00. >
The
as
figures in quite a different way
pursued by President Adams; for, in the first
to prepare
112,00a
PACLI 1C.
ination
had
We
income of the twelve months ended last June.
for the difference between
ments,. it may
where the main
to
us
make
a
and the past as
the two state¬
nevertheless be well to point out just
changes occur, because this will help
..proper distinction between the present
respects the various items of charges and
income.
Yde may stab-,
the United States
then, that the amount
year proves to have been
We allowed the .same
we gave as
due
the
operations of the
too large, as we
expected it would*
Government
as
on
in the
calendar year 1883—
$1,809,958—but remarked that the amount was “very
“likely less, since the charge is figured on the earnings of
“the subsidized lines, and it D on these lines, and not the
new or branch roads, that the earnings have decreased.*
Actually, the charge for the twelve months, per Mr.
Adams, is only $1,407,924, a difference of $102,33 1. Then
“
we
allowed in reduction of interest
sas
Pacific land
on
sales, $010,700—which
in the calendar year
account of the Kan¬
was
also the same as
1883—while Mr. Adams
now
makes
the amount $175,000 more, or $791,700. Thus there is
a difference on these two
items of $337,334.
lienee, in
the
light of these later figures, if
statement
now
we
should add
we were making up our
this amount to the
on
$1,719,817 surplus arrived at by us, swelling the total to
$2,387,151, which would be equivalent to nearly four per
cent on the company’s stock.
On the basis of present
charges, this, wo are inclined to think, is as near the truth
as it is possible to get, and it
agrees very closely with the
result reached further below, by using Mr. Adams’ total
of
charges
per
month.
September
20, 1884.]
THE
CHRONICLE.
311
Mr. Adams’ $97,802, and it i3 not impossible that this improvement
Then should
surplus and ours, say $800,000 ($3,179,705, less $2,387,- may continue in subsequent months.
the
LTtah Central
dividends
be
resumed there
151) is wholly accounted for by the difference between would be a
gain from that source too. It should be remem¬
present charges and past charges. We allowed $400,000
bered also that while wo have allowed for the whole charge
as
interest
on
the full amount ($$, 000,000) of
to be assumed on the Oregon Short Line, that line has not
new
five per
cent collateral trust bonds issued,
while Mr. Adams, taking only the actual payment yet got the benefit of a connection with the Oregon Navi¬
the late year, included but $1 GO,079 on gation line, which is to carry it to Portland. It follows
on the same in
that when this connection is made—in November, Mr.
that account.
Hence here is $240,000 to be added on.
Adams now states—the Union Pacific will have another
Then we allowed for G per cent interest on five millions
avenue of traffic opened to it; which may prove a very
floating debt.
It is believed that some of the new five
important source of gain to earnings. But as this relates
per -cent trust bonds are still held in the company’s
to the future and is wholly a matter of conjecture, we did
treasury, and to the extent that this is so, of course the
not and do not intend to express any opinion with regard
floating debt and the interest on the same would be di¬
to it.
Our purpose has been to use the latest earnings
minished, but as we have taken only the net (not the gross)
available and also the latest charges; the result is the showdebt, it does not seem unfair to count interest on the same
in g above.r
in full.
Then the charge on the Oregon Short Line must
be increased.
The amount of interest that the Union
THE NEW ROAD TO AEW ORLEANS.
Pacific had to meet on this lino in the period covered by
The completion of the Louisville New Orleans &
Mr. Adams was $G07,920.
There aro $14,800,000 of
Texas
Railroad (from
Memphis to New Orleans)
Short Line bonds listed on our Stock Exchange, which at
perfects an all-rail route aero, s the continent under
G per cent would call for $S8S,000 per annum, or an aug
That is, the Hun¬
mentation of $280,000.
Further, we allowed for nothing substantially one management.
tington party aro the first to realize the dream of
on account of dividends on Utah Central stock, because the
There
dividends have ceased since last January, though there is the control of a rail line from ocean to ocean.
a report that they will shortly be resumed;
in Mr. Adams’ aro other and various rail routes extending across the
statement this item appears for $S4,910.
Taking all these country, but these, though complete as regards carriage
and transportation, do not, any of them, recognize identi¬
items together, we get a total of increased deductions from in¬
cal ownership, but aro rather made up of different sys¬
come of about $900,000, against the $800,000 actually
tems or pieces, each of which is controlled by separate and
called for, minor items making up the difference.
Tho Huntington route, it is true, is
That there is just about this increase in present fixed distinct interests.
also a combination of many different systems, having
charges over those actually paid in the twelve months
ended June 30, 1881, is confirmed by the following re¬ separate charters and organizations, but its distinguishing
mark in Mr. Adams’ report, which contains the only allu¬ characteristic is that all these organizations and systems
are in the hands of tho same parties, thus giving absolute
sion to future charges to be found in that document: “The
“fixed charges of the Union Pacific system, including an unity of control, an essential feature for best results.
The new route is composed of the Central and Southern
estimated allowance for taxes and payments to the United
Pacific lines, extending from San Francisco down across
States under the provisions of the Thurman act,' amount
to $793,000 per month.”
As no details are furnished^ California, Arizona, and New Mexico, to El Paso, Texas;
of the Galveston Harrisburg & San Antonio, Louisiana
we cannot tell what is embraced in the amount given, but
Western, Texas k New Orleans, and Morgan’s Louisiana
must presume it includes allowance for everything—collat¬
eral bonds, floating debt, Oregon Short Line, &c:.
Multi¬ & Texas road, extending from El Paso to New Orleans;
of the above-mentioned Louisville New Orleans k Texas
plying the figures given by 12 we get $9,51G,000 as the
total fixed requirement for the year.
As against this we road, just completed, from New Orleans to Memphis; of
have the net earnings of $10,452,230 for the twelve the Chesapeake Ohio & Southwestern, from Memphis to
months ended last June, the income of $G19,G17 from Louisville; of the Elizabethtown Lexington & Big Sandy
investments during the same period (less $S4,910 dividend road from Louisville to Huntington (including in this a
small piece—Louisville to Lexington—of the Louisville &
on Utah Central stock to be taken out), and the $791,700
of land sales applicable to interest, or a total of $11,778,. Nashville); and of the Chesapeake & Ohio, from Huntington to Norfolk and Newport News.
Not only is it strik¬
637, which would leave a surplus of $2,202,637, or very
nearly the amount reached further above by an entirely ing to see such a vast combination of roads in tho control
different method.
A brief recapitulation in tabular form of one set of men, but it is even more significant to
note what a large proportion of the mileage embraced in
is as follows.
Net earnings twelve months ended Juno 30,18 34
$10,452,230 this combination is comparatively new, and has been built
Income from investments flamu time
$619,017
It is not
Less d.vidend on Utah Central stuck
84,910—
534,707 under the auspices of the present management.
{flu,DSC,937 so long since the Southern Pacific system did not extend
Total
Fixed harges
$9,516,000
beyond the eastern boundary of California; now its ter¬
Les* received from trusti es Kansas Pacific con¬
solidated mortgage
791,700— S,724,300 minus, as already stated, is at El Paso. The Mexican
;
$2,‘-6J1Go7 Pacific extension (G35 miles) of the Galveston Harrisburg
Surplus
There should be no misunderstanding as to what these & San Antonio (to meet the Southern Pacific system) is
of even more recent date.
The Louisville New Orleans
figures represent. They set forth simply the position of
the company as respects income, when we compare the k Texas (460 miles) is the latest addition, while tho con¬
struction of the missing link—Trimble to Covington, Tenn;
earnings of a very bad year with the charges and yearly
—of the Memphis Paducah k Northern (now part ot tho
requirements as they exist now in full. The fact
however, that we have used these poor earnings in com¬ Chesapeake Ohio k Southwestern), the building of the
Elizabethtown Lexington k Big Sandy, and the extension
parison with present changes, must not be construed as any
intimation that we think future earnings will be no of the Chesapeake k Ohio to Newport News, have all been
The same partied
better. The statement for July, issued last Friday, showed accomplished within the last few years.
also
built
the
Livingston extension of the Kentucky Cena
gain in net on the corresponding month of last year of
The remainder of
“
“
“
«
the difference between
THE
312
CHRONICLE.
[VOL. XXXIX-
the Louisville & Nashville with the Texas & Pacific), which took place a few weeks
In commenting upon the completion ago, will draw away some of the cotton traffic from North¬
and East Tennessee.
of this latter extension, a few weeks ago, we pointed out ern Texas, now seeking an outlet at New Orleans. ! We
what great progress had recently been made in the South do not believe this will follow to any appreciable extent.
in building much-needed links, in perfecting old systems, It should be remembered that there are already two
tral south to
a
connection with
new ones. The construction of
New Orleans. & Texas is further evidence of
and in
raising
(one of them at least very short and direct) running-
the Louisville
routes
like
north out of
progress.
Texas, which take all cotton seeking a market
previous article we called attention to the great that way, and the Shreveport line will simply add
without
otherwise altering any facts or
increase in railroad facilities that had taken place at Cin¬ a third,
conditions.
The
has steadily
overland
movement
cinnati.
It may not be amiss now to refer to the'advance
made by New Orleans in the same direction, as illustrated developed
in
recent
years, and
no doubt. will
continue to develop in the future; but the overland
by the completion of the Louisville New Orleans & Texas
road.
Looking back a few years, we find only three rail¬ route is mainly serviceable in bringing the Northern mill
roads entering the Crescent City—the Illinois Central and the Southern plantation in closer connection—in other
(Chicago St. Louis & New Orleans) from the north, the words, it carries away chiefly the cotton needed for home
New Orleans & Mobile (part of the Louisville & Nash¬ consumption and manufacture. The bulk of the crop, how¬
ville system to Louisville and Cincinnati) from the east, and ever, is exported, and so much of it as is, will of course
the Morgan road from the west.
The latter at that time seek an outlet over the cheapest route and that will gen¬
simply served to give railroad communication with a por erally be through the nearest outport.
We r may
too, that we
say, here,
do not be¬
tion of Southern Texas.
Since then it has, by the comple¬
tion of the Galveston Harrisburg & San Antonio and the lieve there will be much through freight shipped all the
Southern Pacific, become a link in a through routo'all the way over the Huntington trans-continental line now comway to San Francisco, opening to New Orleans the pleted. It is too long and too circuitous. Beginning at San
whole Pacific Coast section.
Since then, also, the New Francisco it runs way down to New Orleans and then up
Orleans Pacific line into the city (from Shreveport, La., along again to Louisville, before it reaches the Atlantic Ocean.
the west bank of the Red River) has been built, and this No doubt the half-rail, half-water route used up to the
affords not only a very direct connection with Northern present time will obtain most of the traffic, and it will be
Texas, but, also, in conjunction with the Texas & Pacific, of recalled that this Southern route—rail from San Francisco
which, indeed, it forms part, opens another line all the way to New Orleans, and steamer from New Orleans to New
to El Paso.
Last autumn the New Orleans & Northeast, York—now gets a good deal of freight that formerly went
over the Lhiion Pacific and other all-rail lines.
Neverthe.
ern made its way into New Orleans, and thus was admitted
the Erlanger system, which forms a very short route to less, it is an interesting fact that the Huntington people
Cincinnati.
Now comes the Louisville New Orleans & have a line across the continent, though it cannot, because
Texas down the east bank of the Mississippi, and also of its indirectness, be used to great advantage in carrying
makes New Orleans its terminus.
Hence, where formerly through business.
only three roads centred in the city there are now six,
TIIE MEETING OF THE EMPERORS.
each and all important trunk lines.
It is well to note, too,
what an improved position the city holds with reference to
/Since the famous meeting of the Emperor Napoleon the
First
and the Emperor Alexander of Russia, after the
points in the Ohio Valley, such as Cincinnati and Louis¬
ville.
Only a few years ago the Louisville ' & Nashville disastrous but decisive battle of Friedland, in the now
afforded substantially the only route connecting New historic raft at Tilsit, on the Niemen, the concerted meet¬
Orleans with those cities, unless the round-about line via ings of great rulers, especially of such as control at will
the Illinois Central (crossing the Ohio River at Cairo) and the forces of huge military organizations, have been
Ohio & Mississippi be counted as one.
’With the build¬ looked upon by peace-loving people with suspicion and
ing of the Cincinnati Southern and New Orleans & North¬ distrust, if not with alarm. The history of that meeting
eastern a second route was furnished.
The completion of shows how much the world is at the mercy of such rulers,
the Livingston division of the Kentucky Central, in con¬ if only their separate interests could permit them long
nection with the East Tennessee system, recently supplied enough to act in unison.
It is not wonderful that it is with some such feelings
a third, and now w.e have a fourth
in the construction of
the Louisville New Orleans <$: Texas and the use of the many now view the meeting of. the three great autocrats
of Northern and Central Europe, at Skierniewice in the
Chesapeake Ohio & Southwestern system.
These increased railroad facilities explain how New nieghborhood of Warsaw. • For whatever its object, it is
Orleans has been enabled to advance its position as a an event of more than ordinary importance. " Were there
cotton port.
We showed in our crop report last week nothing in the present condition of Europe or the world
that with a varying yield of the staple—sometimes large, to excite curiosity in connection with this latest imperial
sometimes small—that city had in late years -steadily reunion, there would still be sufficient to command atten¬
It is not for nothing—hardly
increased its percentage of the total receipts at the ship¬ tion in the meeting itself.
for the mere sake of exchanging courtesies with his
ping ports. In the late crop year the New Orleans &
Northeastern (bringing a large section of southeastern brother Emperors—that an old man like Emperor Wil¬
Mississippi in communication with New Orleans, in addition liam, now well advanced in his eighties, and at a season
to furnishing a new through route to Cincinnati) was not of the year when his presence hitherto has been deemed
in full operation the whole of the time, and therefore did indispensable to give eclat to the manoeuvres of his own
not contribute the entire measure of benefit to be expected army, should now, at so great a distance from his own
from it.
The New Orleans & Pacific, too, did not show capital be contemplating the manoeuvres of the army of
one of his neighbors. It is a matter also of sufficient signi¬
to full advantage, being under water part of the time.
The Louisville New Orleans & Texas has only just been ficance t© be mentioned in this connection that each of
completed. There seems to be, however, some apprehen¬ the three Emperors is attended by his Foreign
sion in New Orleans that the opening of the Vicksburg Secretary—his principal Minister of
State.
Nor is
anxiety begotten by such
Shreveport & Pacific its entire length (to a connection •t fitted to lessen the
In
our
,
-
.
September
combination
a
and these rulers
of
are
313
THE CHRONICLE.
20, 1S84.J
these ministers
practically irresponsible to any parlia¬
authority
that
dealings with the Chinese. If she persists in the
on which she has entered, it will be easy for the
her
course
three powers to give such comfort and aid to China as shall
mentary body. M. de GiersAs responsible only to his
make the war costly to the French people, if not dis¬
master, the Czar; Count Kalnoky is under no restraint so
astrous to the French Republic.
China, although behind
far as either the Cisleitlian or Transleithan legislatures
concerned; and Prince Bismarck, although not quite
so independent of parliamentary influence as the others,
has dexterously contrived to withhold from the Reichstag
are
all immediate power over
the sword, by having the army
appropriations made years in advance. From this circum¬
stance alone—from the fact that these rulers are to all
intents andj purposes immediately responsible only to
themselves for the use they may make of the war power—
it results that they may, if they choose, cut and carve
Europe at will, make combinations and direct movements
injurious to the peace of the world, and detrimental to the
interests of other nations.
It is hardly possible, indeed,
to exaggerate the power for evil as w’ell as for good which
these three Emperors and their ministers now, or recently,
in council, are able to wield.
There are, moreover, circumstances in the present con¬
dition of the European nations which suggest reasons for
this Imperial conference, and which compel us almost
whether
we
will
or
not to
attach to it a very high degree
There are, for example, the present
warlike relations of France with China.
There are the
very peculiar and as yet unsettled relations of England
with Egypt.
There is the pressure which is felt by each
of the Imperial Powers—a pressure from which Germany
of
importance.
sufferer—resulting from the
necessity of maintaining such enormous military establish,
ments.
There are other circumstances not so distinctly
visible, but not on that account the less important—such
the need which Germany feels for more convenient
outlets to the Atlantic, the necessity which exists' in the
east of Europe for the re-construction of boundary lines,
the felt necessity for holding down the dangerous classes,
and last, but not least, international interests along the
so
far has been the
greatest
as
compared with the Western nations, is still a mighty
She has an immense population,
If encouraged to
and her resources are enormous.
resist, the war will certainly be protracted, and it will
become perilous to the invader in proportion as it is pro¬
tracted.
The occupation of all the great coast towns—the
occupation even of Pekin—would not imply the conquest
of China.
A march into the interior could hardly be other
than disastrous ;
and the invasion of China might
prove as ruinous to the second French Republic as the
invasion of Russia proved to the first French Empire.
It is hardly conceivable that at such a meeting no atten’
tion was paid to England and Egypt.
Mr. Gladstone
invited the Powers to come to his aid in the settlement of
as
and formidable power.
the
question.
It is true that their help was of
in the circumstances;
little avail
but he may soon find that
he com¬
principle which can be pushed further
than he intended.
We can hardly conceive that Bismarck
—and Bismarck must be regarded as the soul of this alli¬
ance—would encourage France to go to war with England
on account of Egypt.
We can as little conceive that
would allow herself to be led into such
France
a
snare.
But
Bismarck is ambitious to
found
German
colonies; and he has set his heart upon
certain portions
of Africa. Will it be wonderful
if he should use his influence in the Egyptian ques'
tion, so as to advance his own ambitious schemes on the
opposite coast of the Dark Continent? If he should, the
world would have no cause to complain.
It would be an
arrangement in the interests of peace as well as in the in¬
mitted himself to
a
of progress.
These results are
terests
but
we are not likely to know what
has actually been done at
this
Imperial conference until we witness the unmistak¬
line of the Con^o, and in Western and Central Africa
able revelation of facts which the future policy of these
generally. To each of the three empires these matters are
all of interest, but not of equal interest.
But it is just nations shall deveiope.
because of this inequality of interest that such a meeting
BRITISH FEDERATION AND AMERICAN
is
suggestive and important.
W e are .not, however, disposed to take a warlike view of
the Imperial conference.
We can discover no cause for
immediate war; nor do we sec any gain which could come
to any one of the three Powers by rashly provoking one*
There would be gain to Germany in the absorption of
Holland; but to do so in present circumstances would be
an open violation of all those sacred guarantees on which
the peace of the world depends; and it might, even in
spite of the triple alliance, lead to a disastrous war. We
are willing, on the contrary, to take it for granted that the
triple alliance, and just because of the very strength
which it manifests, tneans peace. It may not lead to imme¬
diate disarmament; but it may bring about a state of
things which will render disarmament, on a qualified scale
at least, possible and safe.
One result of the meeting will,
to a certainty, be the putting down of all forms of Nihil¬
ism.
In the three empires there will be concerted action;
and the action will be of such a kind as to make it impos¬
sible for offenders in one country to find shelter in another.
In the face of such a power as that which the triple alli¬
ance presents, there will be little need to fear
an uprising
of the dangerous classes.
It is not at all impossible that tlieWmperial meeting, and
the alliance which it has evidently cemented, may be found
to have important bearings both upon France and England.
France has most certainly been high-handed and unjust in
certainly among the possibilities,
TRADE.
Though the idea of a
is not
a
new
one,
federation of the British Empire
probably there were never before so
British statesmen and colonists who had the project
as there are to-day.
The recent meeting in Lon¬
don, in which Liberal and Tory leaders took part, cannot
be said to have given an impetus to the movement, for
there is no movement.
But it did indicate that in the
minds of many most practical politicians there is nothing
impracticable in the scheme, which every one will admit isr
from a British point of view, most desirable.
It may
therefore be anticipated that many a mind trained to the
many
in mind
constitutional problems, will be
directed most earnestly to the devising of some plan for
effecting the political union.
As we have said on previous occasions, should such a
union ever take place it will be a political event of the
consideration
of
vast
highest importance. Let it not be hastily assumed, how¬
ever, that Great Britain desires that sort of federation
which is in the minds of the colonists; or that the latter
could be satisfied with the share in imperial affairs which
government is now, or ever will be, disposed to
grant. In truth, attractive as the conception of a federated
Empire is, the obstacles in the way of organizing it are so
great and so numerous that we venture to pronounce it, in
any exact sense, chimerical.
The British colonies are
the home
THE CHRONICLE
814
trvoL. xxxix1
simply because it is for*the interest of make Great Britain one with “ Greater Britain.” Indeed.
Great Britain that they should be so.
We do not deny, h might be doubted if Canada would be willing, even now,
of course, that the colonies—such colonies as Canada, to barter away a fragment of her commercial freedom for
There is some room for doubt on
Australia and the Cape of Good Hope, at all events—find the sake of federation.
that point, inasmuch as its government has deliberately
reasons for believing that the British connection is as
useful to them as it is to the parent country; but if it were adopted a tariff policy which injures itself, for the double
not advantageous to England that they should remain purpose of dealing a blow at trade with the United States
dependencies, they would be cut loose and set adrift. No and of increasing commerce with England. Still, that
scheme of federation, therefore, will ever be proposed by policy was adopted with a specific object, and when it has
Great Britain which does not leave the full command and failed to do what was expected of it, a change may be
control over imperial politics where it now is.
The whole effected. And after all it cannot be supposed that
Empire will be, and must continue to be, governed by a England, who will be not only a party but the leading
British, and not by a British and colonial, ministry and par¬ party to any scheme of federation that may be adopted,
liament. For example, the government of the United King¬ will suffer anything to be done in restraint of trade, either
dom will never allow the treaty-making power to be shared in laying burdens upon it, or in restricting it to certain
with the colonies.
The Sovereign has the prerogative of channels.
making war and peace; and the folly of admitting ministers
and members of parliament from Canada or New Zealand to Hl0iictary[s®0mmct*claX gngltsTr f^etes
a council for determining whether or not a„war should be
declared against France or Russia, is too apparent to need BATES OP EXCHANGE AT LONDON AND ON LONDON
AT LATEST DATES.
exposition.
There is every reason why Great Britain
should refuse to renounce any part of a power which she EXCHANGE AT LON DON-Sept. 5. | EXCHANGE ON LONDON
| Latest Time.
possesses, which she can retain, which is not even an object
Rate.
Rate.
OnTime.
1 Date.
of envy, and which can be exercised mere efficiently under
I
the present system than under any other.
12*11
Amsterdam. Short. 12 3*4 ®12-334
Sept. 5 Short.
3 inos. 12 4 "Hi 31 214^8
Amsterdam
25 21
*25*40 @25*45
What, then, remains to be placed under the jurisdiction Antwerp
JSept. 5 Short
25*5(3 ft 2 VG0
Ha
|
burg...
of an imperial council, or of an imperial parliament, which Beilin
20*4 1*2
25*56 @25*60
iSept 5 Short.
2040
25*56 @2560
Frankfort-...
Sept. 5
the present or any future administration of Great Britain Copenhagen
j
24*1 C<32
3t. Petersb’g 3 mss.
Sept. 5 3 mos.
2378a;04
would be willing to concede to such a body ? Little or Paris
@2^*40
2518*3
*25*35
Sept. 5 Slioit.
Checks 25*161.1 @25*2114:
Paris
12*17
nothing; and absolutely nothing which the self-governing Vienna
3 mos. 12*30 @ 12*32 b? jSept. 5 3 mos.
47*50
Madrid
Sept. 5
colonies have not now each under its own jurisdiction. Genoa
25*35 @:5*40
52 @d2qfl
52^
ISept. 5 3
They would have nothing to do with .the government of I.i-bon
Cables.
4*8o
New York...
■Sept.
Ireland ; nothing with the system of home taxation; Alexandria..
Is. 7 3s !.
Is 7Ge<L
Sept. 5 Cables.
Bombay.... 3 mos.
Is. 71«32d.
la. 7»sd.
Calcutta..
Sept.
]
nothing with the army or the navy; nothing with “reform,” Hong Kong..
3e. 878d.
Sept. 5
5
5s. 1*3(1.
or marriage with a deceased wife's sister.
Contributing 81ranghai....
jSept.
neither money nor service in the army for the support of
f From our own correspondent.]
the government, they would not be entitled to, and could
London, Saturday, Sept. 6, 1884.
not expect, representation, or a voice in anything except
The past week has been one of great inactivity, both in com-,
what might chiefly concern themselves.
That last they mercial and financial circles. Very few' events of importance
have now.
Canada, for example, is wholly a self-governed have transpired, but the termination of summer weather is
country, with the exceptions that an ornamental Governor- naturally calculated to bring the holiday season to a speedy
General is set over it, with no real power of government; close. The question will now be seriously considered: What
that its parliamentary acts may be, but almost never are, are our prospects ?
As regards these, it is very generally admitted that we are
disallowed in London; and that it cannot make treaties.
'as much in the dark as ever.
The favorable liarve-t and the
The position of Canada, then, cannot be improved, as
easy condition of the money market appear to be as ineffective
far as her own government is concerned, by anything short as ever, and the impression seems to he that general business
of real independence.
All that federation could dolor her will be conducted upon the same cautious and legitimate
would be to admit her to a share in the government of the principles as has been the case for many months past. Some
British colonies
• «
a
m
.
•
•
•
<«
44
it
....
....
....
.
44
44
44
U
41
mos.
D
....
....
4»
o
•i
44
„
.
.
.
44
....
whole (which Great Britain will never con¬ months, if not a longer period, is likely to elapse before the
general public become again enterprising. During the last
cede), or to a share in the government of the other colonies. few years they have rendered themselves heavily liable, and
This last proposition, however, involves admitting the other the difficulties have not
yet been surmounted. Time, economy
colonies to a share in her government. And that is the and a fair degree of prosperity can only bring them out of the
only form which British federation can assume.
How net in which so many have been entangled. The Stock
Empire
as a
attractive it will
cannot be
seem
when its limited extent is discovered
foretold, and it is idle to speculate
it.
only interest Americans can have in the question is
a commercial interest; for it is manifestly cut of the ques¬
tion for any federation of all the British colonies to deal
with other than commercial matters. Viewed in that light,
we think that the proposition may be considered, and the
federation accomplished, with a serene confidence on our
part that American trade will not be injuriously affected
thereby. If the union should increase the prosperity of
the colonics and of the British isles, that will create
a larger demand for articles which we produce, if we can
sell them cheaply enough; and in any event Canada will
not long pay Australia or England more for their goods
than the price of them in New York, however strong may
be the feeling of patriotism aroused by the act which is to
The
upon
Exchange is still a great sufferer, and this is quite natural.
Some members of that establishment have reaped rich har¬
the position with indifference ; but
wealthy are in an anxious position.
Thus, unfortunately, there are no glimpses to be perceived
in any quarter of renewed prosperity, and, as has already
been stated, no one ventures an opinion on the future course
of things. Some, if not much, of this uncertainty may be
attributed to the natural distrust which war produces. The
French in China, and ourselves in Egypt, with mighty powers
very closely watching events, are stubborn facts.
Our trade
with the East, especially as regards China, has been seriously
interfered with, and our commercial activity has been dimin¬
ished at a time when great encouragement is certainly neces¬
The intelligence wTe have leads to the conclusion that
sary.
this condition of things is not likely to be hurriedly terminated,
but that it is more likely to be a protracted affair in each case.
If an opinion, therefore, might be ventured with regard to the
future of trade, it is an adverse one, as merchants are by no
vests, and
can
look
upon
the less successful and less
risks under such circum_ £76,418,244, against £60,313,317 last year and £93,464,229 in
inclined to augment their
means
315
CHRONICLE.
THE
1884.]
September 20,
188£
stances.
Advices from Austria state that the hop harvest has been
market has been very quiet, and has been devoid
commenced. The quality is exceedingly fine, and it is esti¬
of interest during the whole of the week. The rate for short loans
mated that the quantity is about an average.
is only % to % per cent, while discount accommodation is
There is, it is said, a large crop of apples in Maine and Nor¬
obtainable at l?a per cent. The bankers and discount houses
still talk of dearer money later in the autumn, but they fail to mandy, which is of great importance, as cider is largely con¬
sumed in Northwest France.
point out from what source an increased demand is likely to
Summer weather has now passed and we are having a very
arise. There are not the slightest indications of any imme¬
fair quantity of rain.
We are having, however, at the same
diate pressure, and there are no signs of active enterprise from
time, a moderate amount of sunshine, and the effect cannot
any quarter.
therefore be regarded as otherwise than beneficial. The rain
The following are the quotations for money and the interest
which lias fallen was much needed, as the pastures were very
allowed by the discount houses to-day and same day of the
much dried up and the prospect for a second crop of grass
previous five weeks:
was a very indifferent one.
The prospect as regards a supply
Interest allowed
Open -market rates.
of
for
cattle
food
during
the
winter
months was also unsatis¬
for denasits hu
Trade Bills.
§
factory, but all that has been changed. The ground being full
Bank Bills.
Dtsr.'t. rrup.
Joint
London
of heat, owing to the protracted hoV weather, and the rains
c
At 7 to 14
Stock
Three
Four |
Six
Four
Three
Six
Call. Days.
having for the most part been genial, the increase of produc¬
Months Months Months Months|Months' Months Banks.
tion
has naturally been very considerable. It is evident that,
H- H
1
2 &
V4®
Aug. 1 2
k
1
2 @
taking the season as a whole, it has been the best we have had
2 &2A 3 & 2J4@
\m
8 2
A H- H
1
2 &
3
2
@
—
2
&
for many years.
134@
It is scarcely necessary to repeat that far¬
15; 2
1
n l -1
2 @
2 @2hj 3 & —
22 2
mers
complain that prices are low, but they have a larger
1
H 1 -1
2 @
2 ®2}4 2m3
214®
2d 2
The money
a*
1
-
-
“
-
“
-
-
-
-
—
—
—
“
-
-
-
"
-
Sept. 5 2
■m
-
-
-
-
-
I
-
-
2m
-
l-*@2
'2
u
1
@2X'2X®3
1
-1
shows the present position of the
England, the Bank rate of discount, the price of
consols, the average quotation for English wheat, the price of
middling upland cotton, of No. 40 mule twist, fair 2d quality,
and the Clearing House return for the past week, compared
The following return
quantity of produce to dispose of,
which is some cornpen-
sation.
Very little change has taken place in the value of wheat
during the past week. The wet weather lias somewhat inter¬
fered with threshing operations, and smaller supplies are com¬
ing to market.. This circumstance has in a few localities
given a little more steadiness to prices, but there have been
with previous years:
1834.
1883.
no indications of activity.
1882.
In fact, millers have, as might
1881.
£
£
£
£
have been expected, been very cautious buyers, and perceive
Circulation, exolud’g
26.013.575
no reason why they should augment their stocks, when sup¬
Bank post bills.... 26,517.870 26.to6.0R0 25.789,195
5,*8;,11«
5,454,669
4.26 >.630
5,033,19 >
Public deposits
23,734.365
23,
">53.990
23.552,844
plies are so ample. The quantity of wheat and tlour afloat to
25,7*0.060
Other deposits
11,962,6 >1 1 3.577.763 the United
Governm’t securities. 14.557.640 12.l8u.154
Kingdom is 1,929,000 quarters, baing some¬
21.030,025
21,609.753
23.186.555
22.374.837
Other securities
13,098,405
13,943,239
what in excess of last year. The average price of English
Res’ve of notes & coin 12,422,148 11,006,6 J5
Coin and bullion in
wheat is now 35s. Id. per quarter, which is a very low
23,361,980
both departments.. 23,190,018 21,662,665 23,932,451
Proport’n of reserve
point, when it is borne in mind that the quality and condition
41*2
473*
3914
40
to liabilities
2 1>. r
4 p. 0..
4 p. 0.
of this year's crop are excellent.
4 p. c.
Our importations are con¬
Bank rate
10078
loo*,.d
995a
99*8
Consols
siderable,
but
not
equal
to
last
year.
For last week they
Id
35s.
43s. 2d.
47s. 3d.
52s. 2 L
Eng. wheat, av. price
51 End.
Hd.
63,
7d.
7
*4<1.
amounted
to
1,284,869 cwt. of wheat and 320,698 cwt. of flour,
Mia. Upland cotton..
94jd
938 1.
10*4d.
104id.
No. 40 mule twist
84,931,000
119,108,0u0
against
1,670,770
cwt. of wheat and 241,997 cwt. of flour last
Clearing-House ret’n. 102,930,000 105,024,003
The Bank rate of discount and open market rates at the year.
chief Continental cities now and for the previous three weeks
English Market Reports—Per Cable.
have been as follows:
The daily closing quotations for securities, &c., at London,
and for breadstuffs and provisions at Liverpool, are reported
August 14.
August 21.
Avgust 23.
September 4.
by cable as follows for the week ending Sept. 19:
Rates of
Bank of
Interest at
Batik
Open
Bank
Open
Bank
Open
Bank
Open
Rate.
Market
Rate.
Market
Rate.
Market
Rate.
Market
3
2
3
2%
3
2h
4
2%
2H
2H
2%
Pari*
4
3
2H
Silver, per oz
21ft
2%
Consols for money
Consols for account
Brussels
3
2%
2%
2H
2H
2H
2}i
3
Madrid
5
5
5
5
5
5
5
5
Vienna
4
3H
4
3«
4
8&
4
3*1
St. Petersburg..
0
6
0
0
0
0
0
0
Copenhagen.
4
4
4
4
4
4
4
4
Berlin
Frankfort
4
—
Hamburg
Amsterdam
—
3
—
3
2%
—
2^8
2'A
—
the state of the
In reference to
the
—
past week, Messrs.
d.
3
4
—
—
2>fi
3
2A
3
24
2%
3
2H
Fr'oh rentes (in Paris)
U. 8. 4*as of 1891
U. 8. 4s of 1907
1013a
fr 79-9212
7900
steely at last quotations. The arrivals are sm ill. and
include £*25/2uO from W***t Indies; $.54,400 from Calcutta; £2.eG >
from the Cape, and £1 1,70D from Chili—total £63.300. The Bank has
received £l5,om>, and ha- lost £.:7,oeo for export to E-ypr. Too
“Malwa” takes this amount to Alexandria, and another
to Bombay.
8ilv< r.—Tho silver by the “I-Iandel” was fixed
was emrent until rb-day. when with rather more
the Chilian ► tcaiimr was sol 1 at 503,.I. Since last week
have been: From Buenos A\res, £33,70: ; West Indies,
£25,0^0 in ba:s
at SOSfcd.; and this rate
demand, the supp’y by
tlie. chief arrivals
£3.8uO; New York,
£48,w4o ;
Chili, £26,3<JC—total, £132,640; while the exports are
£118 5('0 to It mha.v.
rtnll.ru
are slightly steadier in price, and the arrivals are
Mexican
few. From New York, £6.400, and Vera Bruz. £27,000—total, £34,010
The quotations for bullion are reported as follows:
Sept. 4.
d.
s.
Bar gold. fine....oz
Bar
77
9<ft
11
t
28.
9?
Span, doublonns.o?
8. Am.doubloons. <0
D.8. gold cotn...o»
Oer. gold coin...02
Bar silver. flne..oz.
Bar
77 11
77 11
of Silver.
Sept. 4.
Aug. 28
d.
d.
d.
s.
77
gold, contain’*
20 dwts. silver..oz
Brice
Gold.
Aug.
50 H
silver,contain¬
ing 5 grs. gold..oz.
Cake silver ...oz.
am
54 H
115*4
123
123
Mexican dols...oz.
4
Chilian dols
45*1
8H*2
15*4
46
Canadian Pacitio
87*8
Chic. Mil. & St. Paul....
144*
Erie, common stock
128
Illinois Central
5714
Pennsylvania
Philadelphia & Reading 134*
1104*4
York Central
57*b
1334
104*4
Ifon.
d.
9
8
7
6 7
S.
s.
Flour (ex.
State).100 lb.
Wheat, No. 1, wh.
Spring, No. 2, n.
**
“
Winter, South, n
Winter, West., n
“
“
Cal., No. 1
Cal.. No. 2
“
“
“
West. mess..$ bbi
Jorn, mix., new..
4
69
47
80
Pore,
Paeon, long clear
Beef, pr. mess, new.f te
Lard, prime West. $ cwt 38
Qaeese, Am.
choice
6
9
9 8
6 8
7
2
6 11
5
6
“
Corn, mix., old...
10
8
10
51
d.
9
7
7
8
101 *4
126 34
5 6 ”8
12 34
126*8
103*4
lu34*
57
"
li34
|*04
Tuts.
Wed.
d.
9
10
d.
9
10
8
7
8
7
6
5
8
6
1
9
6
6
5
8
6
1
3.
9
6
7
6
6
51
6
51
6
0
503*
1015,6
1017,«
7870
30
37
O
50«;
1013l6
101 *9
6
8
7
1
6 9
5
6
4 11
69
O
47
6
SO O
38 0
11%
5011,c
10138
6
0
4 1L
69 0
47
6
0
9
6
8.
9
6
7
6
5
4
69
47
30
37
52
9
6
11*2
0
6
0
9
6
Fri.
Thurs.
78-42*2 78-70
115
115*8
12278
123
4 5 *8
45*8
8438
84^
1439
14^8
1 *2 6 •'g
124
Sat.
5011,6
10l7lrt
iioiig
Wed.
115*8
1223*
45
78*52 **
1 F>*8
1223*
45*4
835a
833*
11 *2
14*4
ro^
56*8
12V
102\
Fri.
Thurs.
6
d.
9
7
5
10
8
6
9
8
9
6
6
7
6
5
4
69
17
1
9
6
6
7
6
5
5
S.
10
8
80
37
) 52
s.
11*2
0
69
6
48
0
6
6
8“
37
52
11.
9
7
5
8
6
1
9
6
0
O
O
0
9
6
(Commercial and lUiscclIancous jXcxos
National Banks.—The
been organized:
following national banks have
lately
Bank of Albany, Texas. Capital. $50,090. J.
Bartholomew, Cashier.
3/219—Tim Fir-t National Bank of Kllsw rrh, Kau-as.
Capital,
$*0,000. Ir.i W. Phelps, President; W. F. 4o npkius. Cash’r.
3,2:0—Tim Sa i>b:iry National Bank, Raiistm-y, Mil. Capital, $ 0,000.
E illu E. Jacksm, President; John H. White, Cashier.
3/251—The First National Bank of C me >rd. Mich. Capital. $*>0,000.
Wiii. D. Chappie. Pro-Lieut; Per -y E. Chappie. Ca'hier.
3,252—The First. National Bank of Iowa Falls Iowa. Capital, $30,000*
Joha II. Cailetou, President; W. H Woods, Cashier.
3/248—Tim f irst National
R. Fleming.
50
oz.
Argentine Government, through Messrs. J. S. Morgan &
Co., offer for subscription £3,009,000 in 5 per cent bonds of £20
each
The price of issue is about £S0 per cent.
The applications for new capital are now estimated at
The
lib**
Liverpool.
Pixley & Abell remark:
50nJ
101*2
1013a
Gold continues
Breve
50^1,6
ion*
bullion market during
Tuts.
Mon.
Sat.
London.
President; N. L.
Imports and Exports for the
week, compared with those of
Week.—1The imports of last
the preceding week, show
THE CHRONICLE.
316
increase in both dry goods and general merchandise.
The total imports were $8,607,773, against $7,905,182 the pre¬
an
ceding week and $8,382,119 two weeks previous. The exports
Sept. 16 amounted to $3,565,997, against
$6,683,277 last week and $5,945,163 two weeks previous. The
following are the imports at New York for the week ending
(for dry goods) Sept. 11, and for the week ending (for general
merchandise) Sept. 12; also totals since the beginning of the
[Vol. XXXIX,
U. S. Sub-Treasury.—The
following table shows the receipts
in this city, as well as the
of the past week :
and payments at the Sub-Treasury
balances in the same, for each day
for the week ended
first week in January:
For Week.
1884.
1882.
1883.
$2,694,085
$2,473,932
5,906,437
$3,169,058
6,645,915
5,127,163
$2,339,219
5,768,554
$8,601,422
$9,815,573
$7,601,097
$8,607,773
Dry goods
$82,203,080
$99,574,117
Gen’lmer’dise..
228,562,095
262,699,124
$91,934,182
236,433,192
$87,805,873
224,497,223
GcnTmer’dise..
$
$
Currency.
$
15.
Ifi.
17.
18.
19.
1,217,614 83
1,213,473 61
1,013,550 32
876,23 4 46
Total...
6,014,481 62
6,234,251 33
“
“
Dry goods
Coin.
1.041,352 93 129,979, 493 79 10.314,730 *13
1,300.100 15 130.094.736 97 10, H7,oOL P3
1,200.795 72 130.519.740 07 9.704,674 22
908.179 93 130,566,212 97
9.706.319 15
930,773 02 130,633,473 02
9,696,861 40
853,049 61 130,784.340 82 9,599,183 45
“
1881.
Payments.
%
732.280 6 4
S.pt.13.
“
FOREIGN IMPORTS AT NEW YORK.
Balances.
-
Receipts.
Date.
956.327 76
•-
Total
Since Jan. 1.
$310,795,175! $362,273,241
Total 37 weeks.
In
$329,417,374 $312,393,006
report of the dry goods trade will be found the im¬
ports of dry goods for one week later.
The following is a statement of the exports (exclusive of
specie) from the port of New York to foreign ports for the
week ending Sept. 16, 1884, and from January 1 to date:
our
Bankers’ & Merchants’ Telegraph Company.—Applica¬
was made on Wednesday to have Mr. Garrett S. Mott, the
tion
President, appointed receiver of this company.
The American Rapid Telegraph Company is bonded for
$3,000,000 and stocked for $3,000,000. The Southern Tele¬
graph Company is bonded for $2,500,000 and stocked for
$5,000,000. Both companies are operated by the Bankers’ &
Merchants’.
& M.
The line of the B.
from New York to
Philadelphia is bonded for $290,000. The Bankers’ & Mer¬
chants’ own a majority of the stock of the Rapid and the
EXPORTS PROM NEW YORK FOR THE WEEK.
Southern, and a majority of the Rapid bonds. The B. & M.
owns 4,700 shares out of 9,200 shares outstanding of the Com¬
1884.
1881.
1883.
1882.
mercial Telegram Company’s stock. The interest on the Rapid
bonds was defaulted Sept. 15, but foreclosure proceedings can¬
For the week...
$7,053,917
$8,565,097
$8,345,639
$7,161,211
Prev. reported..
267,4 42,900 232,511,316 247,199,663 219,143,406 not be begun for six months.
The bonds are not guaranteed
by the Bankers’ & Merchants’. It is learned that all of the
Total 37 weeks. $275,788,539 $239,672,527 $254,253,580 $227,709,403
$10,000,000 of first mortgage bonds of the Bankers’ & Mer¬
The following table shows the exports and imports of specie chants’ have practically been issued. About one-third were
at the port of New York for the week ending Sept. 13, and sold and the balance have been hypothecated or given in pay¬
since January 1, 1884, and for the corresponding periods in ment for construction and supplies, or as security for the
.
1883 and 1882:
same.
EXPORTS AND IMPORTS OF 8PECIE AT NEW YORK.
Imports.
Exports.
Gold.
Week.
Great Britain
Prance
Week.
Since Jan. 1.
Since Jan. 1.
$3,294,150
$1,30C $26,471,070
11,530
430,747
2,406,615
1,34 1.028
2,•320,299
5,100
212,933
2,433
28,033
4,352,824
1,058,020
3,885.914
Germany
West Indies
Mexico
South America
All other coimtries...
7.800
5,OoO
Tstal 1884
Total 1883
Total 1882
7.960
763,774
763,662
$6,300 $37,903,904
359.168
107,150
33,749,884
$449,360 $10,61 1.018
239,553
7,149.334
26,867
765,158
Silver.
Great Britain
$8,721,021
14.590
712.816
6,000
136,245
38,694
20-5817
Germany...
West Indies
Mexico
South America
All other countries...
Total 1884
Total 1883.
Total 1882
$
$196,050
France
$216,640
$2,285
8 43
46 590
60.902
743,025
1,73- ,106
31,226
58,873
187.392
83,990
32,715
*9,961,059
10,461,706
$92,128
$2,793,046
166.300
2 4,492
3,581,002
227,500
9,13 4,338
39,533
1,909,457
Of the above imports for the week in 1884, $5,000 were
American gold coin and $35,000 American silver coin.
Of the
exports during the same time, $123,200
coin and $7,505 American silver coin.
were
American gold
Foreign Trade of New York—Monthly Statement.—In
addition to the foregoing tables, made up from weekly returns,
give the following figures for the full months, also issued
New York Custom House. The first statement covers
the total imports of merchandise.
we
by
our
IMrORTS INTO NEW YORK.
1884.
Months.
General
Dr\i
Goods.
Mercha
February
..
March
April
.
$
*
39.997,704
*
13,345,312
39.573,030;
13,730,717
26,398,SI 4
28,175,206
11,819,428
31,394,061
42,713,489’ 12,32S,3f4
9,798,203
25,759,7: >5
32,716,323
35,557,938
5,754.403
June
6,310,040
12,493,763
Total....
Goods.
13,598,890
11,397,824
May
July
August
Dry
j
Total,
n-
dise.
*
January....
1883.
11,945,261
28,012,093 3 4,3 >2,133
25,979,743 33,473,500;
21,102,928 33.04S,189,
!
Total Merchandise.
July
August
28,957,053
February....,
March
April
May
June
’Total
41,260,012
40,479,727
42,182.701
37,090.4:34
36,639,760
43,078,581
33,912,815
42 445,849
At Xew York.
Months.
j
1883.
1384.
*
?
28.891,032! January
28,426,300j
32,094,094
*
CUSTOMS RECEIPTS.
Months.
*
20,792,735
23,53 4,800
23,097,098
23,835,838
24,063,269
29.464,029
31,258,112
*
27,915,300
20,749,010
80,908,568 235,181,771 322,090, :< 39
EXPORTS FROM NEW YORK.
18S4.
Total.
j
18S3.
*
12,574,83?
February
11,702,029
12,004,811
March
11.436,786
12,438,301
9,194,383
.........
12,191,003
28,101,4041
April
9,840,822
27,237,0031
27,857,01 ij
Mav
9,209,28?
8,148,813
June
9,455,248
13,024,584
28,805,455'
July
13,108,338
14,621,008
34,417,712
August
12,825.100
13,288,893
70.792.51?
90.082.973
211.005.044 235.832 831
Tntat
expenditure of not to exceed $2,000,000.
has been raised by the Baltimore & Ohio
Telegraph Company and its friends. Plans and estimates are
now being considered for extensions of the Baltimore & Ohio
system to St. Paul, Minn., Kansas City, Richmond, Va., Nor¬
folk, Va„ Charleston, S. C., and Savannah, Atlanta and
Augusta, Ga.”
ments
That
involving
sum
an
of money
Louisville New Orleans & Texas.—The last mile of track
laid the Huntington line from the Atlantic to the
has been
Pacific, the final link being the Louisville Memphis & New
The Chesapeake & Oiiio system from Newport News
Orleans.
Memphis consists of 1,120 miles ; the Southern Pacific east
from San Francisco to New Orleans, 2,495 miles, and the road
south from Memphis to New Orleans, 455 miles. Mr. Huntington and his friends have thus completed a line of 4,070 miles,
of which more than half had to be constructed, and the first
and only line under one management between the Atlantic
and Pacific oceans.
to
Virginia State Bonds.—The Board of Sinking Fund Com¬
missioners of the State on Sept. 18 ordered the discontinuance
of the funding of the tax receivable in coupons maturing
after July 1, 1882, which coupons a recent decision of Judges
Hughes and Bond, of the United States Court, had decided to
be fundable, dollar for dollar, with 6 per cent interest.
The
Legislature, in the late extra session, passed a bill amending
the Riddleberger Debt bill so as to stop this leak, but between
the time of Judges Hughes’ and Bond's decision and the pas¬
sage of the act, $300,000 of said coupons had been tendered,
and under another decision of Judge Hughes $130,000 of them
had been funded.
This funding is now stopped, and the case
will be appealed to the United States Supreme Court.
dise.
29,854,387
7,948,030 29,142,398
7,426,503 29.213,457
6,963,886 36,114,695
13,645,297 25,267,518
11,520.043 30,925,006
3S,471,226|
82.617.812.219,539,403 302,157,220
General
Merchan¬
Baltimore A Ohio Telegraph Co.—The Times reports:
“The dissolution of the tripartite telegraph pool has apparently
stimulated the Baltimore & Ohio Company to extraordinary
efforts in the extension of its lines.
President Bates has been
authorized to obtain estimates for extensions and improve¬
—The Ilomestake Gold Mining Co. of Dakota has declared
its usual monthly dividend ($35,000) for August, payable at the
Company's office, San Francisco,
or
at the office of the transfer
agents, Messrs. Lounsbery & Haggin.
Auction Sales.—The following, seldom or never sold at the
Stock Exchange, were sold at auction this week by Messrs.
Adrian II. Muller & Son:
Shares.
1,000 Fletclior Gold & Silver
Mining Co
200 Stirling Mining
350 Winona
Gold
for $10
Shares.
20 Ad lison A North. Penn¬
sylvania It’way Co..for
$10
Co..for $90
Mining
.Co
for
$5
50 Toledo Delphos & Burl¬
ington RR. Co
for $21
1,221 Gold Mining &Smetliug
47 Tradesmen’s Nat. Blc...lG214
4 Home Insurance Co
130
224 Am«*.r. Tel. & Cable Co.
50
50 North Riv. Constr. Co.
8
40 Alex. Cent. R’way Co...
8*2
Bonds.
Co
for $121
50 Kceley Motor Co
9*8
500 Evening Star Mining
Co
42c. per share.
50 Gaines’ Coal & Coke Co.
50c. per share.
200 Morning Star Consoli¬
dated Mining Co...$l per sh.
100 Atlantic B’lc of Brook¬
$160 Wab. Co. Trns. Ctfc’s. $95
$500 American Antimony
Co. Bond, all lmt first 3
coupons attached....for $75
$1,000 Chic. Sc Tom all RR.
Co. 1st., 6s, due 1905...
112*2 and int.
lyn
for $26
5 Soleoid Telephone Co.for
$7
5 Putnam Co. Ice Co..for $16
10 Maliopac Iron Ore Co.foi$235
$5,000 Mex. Cent. R’way 1st,
7s, due 1911
35
$500 Mex. Cent. R’way, 10
I>. c. coup, note, due ’89. 703*
$1,000 Mex. Cent. R’way, 3 p.
c.
incomes
8*2
September 20,
specie imports in the future if there were not
the takings of our grain and cot¬
three months, and also as to the
movement of securities between New York and London,
To-day the rates on actual business were as follows, viz,:
Bankers’ 60 days sterling, 4 82,4@4 82% ; demand, 4 84l4@
4 84%.
Cables, 4 84]%04 85. Commercial bills were 4 80}
4 81.
Continental bills were : Francs, 5 217s@5 22% and
5 19%05 20; reichmarks, 94% and 94^095; guilders, 39%@
39% and 400 40%.
The following were the rates of domestic exchange on New
York at the under-mentioned cities to-day: Savannah, buying
}4 discount, selling % discount @ par; Charleston, buying 3-160
% discount, selling par@% premium; Boston, 10015 premium;
New Orleans, commercial, 50 discount; bank 100 premium; St.
Louis, 90 premium; Chicago, par.
The posted rates of leading bankers are as follows :
be
5* he -Bankers' OSaxette.
dividends have recently been
P>)oks Closed.
(Days inclusive.)
Payable.
1
*
■
Railroads.
Buffalo A Southwestern
Chicago Milwaukee & St. Pa3l
...
Oct.
Oct.
342
342
NEW YORK, FRIDAY,
The Money
1
21|Sept. 30 to Oct. 22
SEPT. 19, 18S4-5 P.'M.
Market and Financial Situation.—There
talk of
much uncertainty about
ton for export in the next
announced
When
Per
Cent.
Name of Company.
more
so
DIVIDENDS.
The following
317
THE CHRONICLE.
1884.]
has
since last
week.
discussion
about that must cease, as all authorities place the yield at the
highest figures ever yet made in the country ; and some claim
that the out-turn will be 2,000,000,000 bushels.
In wheat there are many signs that the bottom has been
Sixty Days Demand.
September 19.
reached, and some of the best judges of the market, both at
4 85
4 83
home and abroad, are inclined to the view that the future trade Prime bankers’sterling bills on London
4 81%
Prime commercial
4 81
is likely to be on a basis of firmer prices than those recently Documentary commercial
5 18%
5 21 %
Paris (francs)
403a
prevailing. As to the course of the market in the immediate Amsterdam (guilders)
4<>18
954a
944?
future it is useless to predict, but on the more general view Frankfort or Bremen (reichmarks)
that the decline in wheat has gone quite as far as the statisti¬
Coins.- -The following are quotations in gold for various
cal situation of the world now warrants, the opinions of these
coins r
experts may be of value.
Silver %s and %s.
99%-® par.
Sovereigns
$4 84 ®$4 83
Five francs
924a®
94J*
The condition of affairs among the anthracite coal compa¬ Napoleons
3 80 ® 3 90
Mexican dollars..
87% ®
88%
X X Reiehmarks. 4 74 ® 4 78
nies has not radically improved, and it appears that the pro¬ X Guilders
Do uncommero’l.
86% *
3 96 ® 4 00
79 4®
Peruvian soles....
81
duction of the year will yet be excessive without further sus¬ 8 lan’h Doubloons. 15 55 ®15 65
M-3X. Doubloons..!5 55 ®15 65
English silver.... 4 80 ® 4 85
87
®
1 10*8 ft 1 1078 U. 8. trade dollars
pensions of mining after the present month. To the end of F ne silver bars
U. S. silver dollars
99% ® par.
Fine gold bars....
par rt % preui
August the production for eight months this year was 19,314,- D.rnres & % dimes.
994a ® par
273 tons, a decrease of only 636,886 tons compared with last
United States Bonds.—The firmness of last week was lost
year, notwithstanding the large increase of idle time. It is and
prices have yielded slightly on all the leading classes of
now reported in Philadelphia that a new combination has been
bonds.
agreed upon for 1885, similar to that of 1877, by which each
The closing prices at the N. Y. Board have been as follows:
company will be allotted a certain percentage of the total pro¬
Interest Sept.
Sept. Sept. Sept. Sept.
duction, and these percentages are said to be as follows :
Sej)t.
17.
18.
16.
13.
15.
Periods.
Reading, 40; Lehigh Valley, 19; Delaware Lackawanna &
*112
*112
1891
reg. Q.-Mar. *1124? *11210 11243 *112
Western, 17; Delaware & Hudson, 12; Pennsylvania Rail¬ 44ns,
*112
*112
4%s, 18.11
ooup. Q.-Mar. *11210 *112-13 1124? *112
road Company, 9 ; Pennsylvania Coal Company, 4, and Lake 4s, 1907
reg. Q.-Jan. *1194i *1191-2 119% 119% IlfDe *11913
120% 12042 120% 120% *120% 120%
49,1907
ooup. Q.-Jan.
Erie
*100% 100 %
Western 1. It is not understood, however, that this 39, option U. S—reg. Q.-Feb. *10050 *105% 100% 101
*127
*127
*127
*127
*127
J. A J. *127
69,cur’cy,
’95
reg.
has been finally accepted by all the companies.
*i 29
*129
*129
*129
*129
6s, cur’ey, ’96
reg. J. <fe J. *129
*131
*131
*131
*131
*131
At the Stock Exchange there has been no great activity, and 69, cur’cy, ’97—reg. J. A J. *131
*133 42 *133
*133
*133
*133
reg. J. A J. *133
6j,cnr’cy, ’98
decided weakness in certain specialties has been the .conspicu¬ 6a,cur'cy. ’99.. .reg. J. A J- *135 *135 *135 *135 *135 43 *135
ous feature.
But so far as developments of fact are concerned,
This is the price bid at the morning hoard; no sale was made.
there have been at least two very good points—first, the re¬
State and Railroad Bonds.—Transactions in State bonds
port of Mr. Adams on Union Pacific for the year ending June at the Board have been limited to a few small lots, including
30, 1884, and, second, the regular annual report of North¬ $8,000 Alabama Class A at 80, $2,500 Tennessee Compromise
ern Pacific for the same year.
A present decrease in earnings of 1882 at 44, and $1,000 North Carolina 6s of 1919 at 108.
Railroad bonds have been very dull, and where any sales
on the Northwestern roads, and the coquetting about the St.
were made they were usually at lower prices.
Erie seconds
Paul dividend, together with the break in New Jersey Central,
have been most notable for weakness, declining on the reports
on reported Vanderbilt selling, have been the chief causes of
from London indicating that future coupons would probably
be passed, and selling to-day as low as 54, but closing at 54%.
weakness.
Rates for call loans during the week on stock and bond col¬ West Shore bonds close at 40% and have not been at all active.
Railroad and Miscellaneous Stocks.—The stock market
laterals have ranged at 1 to 2 per cent, and to-day at 1@2
has shown much weakness in tone, and the prices of several
per cent. Prime commercial paper is quoted at 5@ 6 per cent.
The Bank of England weekly statement on Thursday showed leading stocks are considerably below the closing figures of
last week.
The bear interest has lately been increasing—
a loss in specie of £335,383, and the percentage of reserve to
though rather in the numbers on that side of the market than
liabilities was 45 3-16, against 4514 last week ; the discount rate in the active operations of the well-known heavy bears—and
remains at 2 per cent. The Bank of France gained 3,820,000 with each new sign of weakness the short sales have increased.
Railroad earnings have also been less favorable in September,
francs in gold and 3,078,000 francs in silver.
and the market in these times will move up or down on one
The New York Clearing-House banks, in their statement o
week’s earnings, without stopping a moment to ask what
Sept. 13, showed a decrease in surplus reserve of $1,234,525, the earnings of the other 51 weeks of the year
Added to these facts, it has been
the total surplus being $28,294,375, against $29,528,900 the are likely to be.
apparent for some time that
the coal roads were
previous week.
notin a good position, and the break in Jersey Central on
The following table shows the changes from the previous
reported sales by Mr. Vanderbilt gave rise to apprehension of
week and a comparison with the two preceding years in the other declines. While these circumstances were pending, and
just when the public was looking for the dividend on St. Paul
averages of the New York Clearing House banks.
ito steady things, the directors of that company, for reasons
best known to themselves, delayed for a few days the dividend,
1882.
1S83.
1884.
Differ'nets fr'm
been
no
essential change in the financial situation
The com crop is now well assured, and the
—
—
—
—
—
—
—
—
—
..
—
—
x
—
—
*
Sept. 13.
l*revious
Week.
74,100,100
14,185,H 00
303.599,300
30.094,100
Tnc .$1,526,800
Dec. 1,605,000
Dec.
89.800
Dec.
934,300
Inc.
130,300
Legal reserve
Reserve held.
$75,899,825
10^,194,200
Dec.
Dec.
Surplus
$28,294,375 Dec.€l,234,525
Loans and dis.
Specie
Cireuliition...
Net deposits..
Legal tenders.
$290,874,100
$241,075
1,475.600
Sept. 15.
Sept. 16.
$328,792,500 $326,570,300
58.379.300
15,533,400
317,911,500
24,337.000
$79,477,875
83.216.300
52,632,700
18.371,200
301.824,300
21,811,400
$75,456,075
74,444,100
$3,733,425 df.$l ,011,975
Exchange.—Business has been sluggish, and rates for ster¬
ling have declined another half cent this week. There does
not appear to be a large supply of commercial bills, but the
demand for exchange is fight, and at present rates there would
and announced instead a new issue of $5,000,600 bonds, and
then after St. Paul had declined to 79]4 this morning the divi¬
dend was declared.
The strongest point this week was the report of President
Adams on Union Pacific, for the year ending June 30, which
was so favorable an exhibit as to steady for a time not only
that stock but the whole market. The Northern Pacific annual
considered very good, and it was clearer and
practically useful than any report of recent years.
To-day the tone was very weak in the morning, led by St.
Paul and Northwest, but in the afternoon there was a much
better feeling and a sharp recovery, the best prices being made
towards the close, when Union Pacific sold at 50, St. Paul at
80%, Northwest at 91%, Lackawanna atl07%, Central of New
Jersey at 48% and New York Central at 99%.
report was also
more
THE CHRONICLE.
318
NEW YORK STOCK
EXCHANGE PRICES FOR WEEK ENDING SEI*r. 19, AND
HIGHEST
STOCKS
Sept. 13.
pref.
No.
34
* *
pref.
Northwestern
Do
pref.
Chicago Hock Island
Pacitie
Chicago St. Louis it Pittsburg.
pref.
Chicago st. Paul Minn. &. Uni..
Do
pref.
Cleveland Col. Cinn.<fc Ind
Do
Cleveland* Pittsburg, guar..
Delaware Lackawanna* Westj
Denver * Rio Grande
East Tennessee Va. * Ga
Do
pref.
Evansville «fe Terre Haute
Green Ray Winona <fc St. Paul
Harlem
Houston * Texas Central
Illinois Central
Do
leased line 4 p.c
Indiana Bloomingt’n & West’ll
Lake Erie * Western
Make Shore.
33
35
oO b
*55* "f>0 b
39=4
40
8
30 b 30 b
8
-7 b
■*14
15
*0
Ob
133
131
15
‘JV,
l--"» 123 b 130*8
81 b
83 b *4 b:
ms
109b1 10Gb
97 b 08 b
04b
130
132 b 133
114b
114»4 110
Long I rland
33 '
05 34
40 Jo
1st pref..
Do
Do
common.
Do
consol...
Manhattan Reach .Co
Memphis A Charleston
Metropolitan Elevated
Michigan Central
3tilwaukee L. Shore * West’ll
pref.
pref.
Missouri Kansas & Texas
Missouri Pacific
Mobile * Ohio
!
Morris A Essex
*
N a si i v.Cha t tail ooga A St.Louis!
New York Central A Hudson.!
New York Cliic'. A St. Louis...
'0*4
20
0
10
13b
70 b
York A New England
York New Haven A Hart.
York Ontario A Western.
York busq. A Western...
Do
pref. |
Norfolk A Western
pref
8 b
8b
33 bi
5 5-V
30
I
7
50
5
Peoria Decatur A Evansville..
Philadelphia A Reading
Pittsburg Ft. Wayne A Chic...
Rich. A Alleg., st’k trust ctfs..
Richmond A Danville
Richmond A W’t P’t Terminal
Rochester A Pittsburg
Rome Watertown A Ogdensb..
St. Louis Alton A Terre Haute
Do
prof.
St. Louis A San Francisco
Do
pref.
Do
1st pref.
St. Paul A Duluth
Do
pref
St. Paul Minneap. <st Manitoba
Texas A Pacitie
Union Pacific
Waoasli St
ouis A Pacilic....
Dc
pref.
-LIMNEOIX.
Amerb a.. Tel. A Cable Co
-Bankor.' A Merchants’ Tel
44
34
34
-32b
3,500
1,635
•
-
8
130
131
138
113
150
114
-8
10
30
31b
03
38
"
78 b
G7
8
33
6
-4
35
133 b
15 b
14
70
14 b
13
14b
77
70 b
13
3‘J3a
30
18
18
28 b
G5b
G5b
lib
ilb
70
'66
-14
-
30
oib
lO
135
-0
77b
20 b
lib
00 b
30
17b ,1‘Jb
00 b 00 b
-0
10
*133
135
65 b
13 b
27 b
13b
20
16b
17b
90 b
*0
*121
July
3
b
'11
>2bs
30
b
*28 b
1Gb
90 b
91
1i 2
81b
84
15
12
78b
*11
13
11
80*’
*80
14 b
88
14 b
13b
lib
b
13b
28 b
30 b!
ob
30 b
177
lib
175
13 b
-14b
lib
16
lib
77b
*6 4
29
80 b
b
h
98 b
’ub
u lie 27
May 22
4Gb Sept. 19
5,087
104 b 107 b
250,040
845
20
10
5
*7 G
10
6
*30 “
*4b
1,470
2,500
1,140
34
700
Ob
*14 b
*
16 b
78b
78
67
‘64
67
20
b
12b
107
June27
5hi4 j uue 27
95 b June 27
81 b June 23
117
June23
100 b June 23
“ilO
225
7 lb
3 1b
6«b Juiie 23
3b May 14
6
32
4
1°5
20-
1,616
lio
17
600
-400
70
30
17 b
11
28
700
1,900
23
“oi>6
85
51 34 June27
10
Feb. 1 1
123
lib!
10
-0
126
*122
-36
j *8-4
08b ’*99 b
6b
* ob
09-V
6b
*11
12
*83
873.
14
81
13
*84
87
28
14
28
*27b
lib
lib
'lib
b
13b
23,425
17,160
10
126
”"l‘6
31,742
b
lib
405
100
13b
3 3,590
6
-83“
13b
500
10 b
lib
10
906
28
100
Jhu. 22
Jan. 21
Jan. 23
A Ug. 1 8
uiie 23
31b
40
Ob
31b
13b
b
3Gb
14
*43
*10
15b
14 b
3Gb
45
31
‘26
38
30 b
48b
3
10
10
05
-o
*0
93
bi
20
8b
12
12 b
'12 b
’o’
13 b
13b
13b
13 b
35
*43 b
*10
4b
3Gb
13 b
25 bi
25
44
A)1-.
18
b
4
4
12b
12 b
*12 b
43 b
b
0
0
4
19 b
20
40
85
14
14,
*55
5Gb
55 b
-5
*0
87
1G
10
00 b
Bib
2u
b
3
21
;e
47 b
«b
20 b
20 b
o
13b
12b
l2a4
24 b
42 b
10
4
21b
42 b
b
*20
*40 b
85
4
b
July 1
May 14
14
300
30,600
430
7
22
120
22,300
4a-b
5b
*13
90-
03
lib
48b
6
925
5
*0
84 b
5
10
87b
86
2,910
1 1,225
5b
13
6
6;b
13
12 b
10*a
50
6b
12 b
*53b
56 b
-4
*9
84 b
5
10
90b
Hb
oOb
*52 b
55 b
00
10 b
43 b
10b
48b
’
18
91
56b
10
11
86
87"
June 30
5b J une27
328,097
1,350
28
4
9
GOO
Aug. 26
93b Apr. 7
65
Aug. 21
79
Aug. 22
Mar. Is
Jan. 11
Apr. 15
94b Mur. 4
16
Jan.
7
44
Apr. H'
18b Jan. 7
36 b Feb. 11
23 b J an.
5
100 J une 21
Mar. 14
Mar. 13
b Feb. 15
2034 Kelt. 14
10
June 30
June 27
May 20
18b Feb. 16
11
42
Feb. 25
Feb. 15
27
Jan.
7
57 V Jan
7
4 b Septs ,5!
25 V M a 1. 17 j
9b Aug.271
24
Mar. 22
34 V J ail.
71
173, Aug.20
60 V
135
5
61
32
16 b
24
60
96
29 b
50
Feb. 23
Apr. 14
11
Fell. 14
Feb. 15
Jan.
F’eb.
Aug. 21
Mar. 18
96b Apr. 10
3234 Jan
9
90
Jau. 26
99
Jan.
20
GO
30
73 b
40 b‘
18
70
JOb
71
65
48b
40 b
48
114 b 114 b; 113 '8
-3
‘3
6
’27
*28
31
64 b
65 b 66b
Quicksilver Mining
pref
^
Western Union Telegraph
KXl'ltt88.
1934Jan.
J
32
au.
13,717
May 16 17 V Jan.
Fdi.
7 170
S-b J une 28 G5 b J an.
6034.1 une 26 112 Jan.
31
May 16 56»4 Mar.
90
7
Jan.
May 24 117
6 b Feb.
334 J une 3o
20
June20
b Feb.
49
Felt.
May 14 78 b Keb.
115
16b
18
60b
48-V
113b 113b!
6
31
66 b
■3
'20 b
63 b
6
21
65=b
16b 17
66 b 08 b
40 b 40b
114
111b 11 lb * 1L2
6
0
*3
i
31
31
'23
I
6 4 b (45 It
63 b 65 b
16b
65 b
48
16 b
67 b;
40 b!
16b
GO3.,
40
112
-3
*28
64 b
1Gb
07
49 b
112 b
6 ‘ |
31
65
b
2,290
7,110
18,3)0
545
.
*130
I *02
*53
104
133
04
54
305b
130
*03
54
105
132
130
04
54
105
*52
105
131 b
0 4
54
106
130
*93
| *52
!-ll)i
133
0 4 *
5 4
108
1*130
j
0 4
-52
-103
135
Sil
54
108
■130
‘92
“52
107
135
94
5 4
107
87,947
1G : 126
5 1 87
5 |
127
I
July 15'137
June2i!lu2
45
Slav I
98
May 26 1 15
a pr.
Mar.
„
lb
20
71b
Dubuque A-Sioux City
.v Chicago
45
5
61b
Hb
23
75
10 b
200
82 b
148
84 b
35b
23b
U234 114 b
58
863*
17b
40 V
30
38
80
38
12 b
32
76
77
10
36
1634
58b
68
63 b
90
63
30b
55
95 b
100 b
18
48b
3034
68 b
33
34 b
19 b
106
86
b
JO
19b
129 b
120
64 b
50 b
l lib 129 b
7
15b
35
13 V
105
90
89 b
83 b
20V 40 b
83
72
17b 62 b
183
169
29 b
1 5V
4V
8b
14
2134
18
10
32
4934
53
23 b
b
90 b
49 b
2
14b
21
7
19
29 b
12
36 s4
1434
32
89
28
46b 61b
129 b 138
4
15b
72
39
23
34
85
103
80
20 b 36 b
5«b
40
100b
87
40 b
33
97 34
90
169b
94
17b 43
70 b 10434
15
3Bb
29 b 57b
47
21
14
15
35
25
15
125
55
56
91b
150
90
2»
44b
112 b 134
5
9b
30
46b
88 b
Hij 71b
24*126 b 135
94 b
j 8s
113
128
62
June23
80
142
J une 1 3
152
33
1
50
56
Feb. 11
Fell. 14
Jan. 21
33
•j
J nlv l7
82
50
b
.1 an.
78).
140
31
84 b
150
68 b
1
50
70b
Kelt.
Feb.
J:tn.
.1 an.
Mar.
Mar.
Keokuk A Des Moines.
Louisiana* Mo. River, pref...
Ohio a Mississippi, pref
Rensselaer A Saratoga
5
July
J uly
90
Jaii.
I3S
June 18 14 *> b Apr.
192 b - h 11.
81 193 b Mar
15
Jnly29j 2 1 .1 XII.
9
Juiie 91 15
Feb.
7 b Apr. 14! lob Jan.
Feb
264
Feb. 19 264
Apr. 12 145
Julv
38
45
....
United Companies of N. .1
Ykiriuia Midland
^.-ylaud Coal...
New Central Coal
Pennsylvania Coal
21b
4 b
lib
26;
137
.
prices bid aud asked;
22
10 b
57 b
33
55
30
91
113b
84
54
124 b 142
111 b 131b
Feb. 13
7j 6! b Fel».
J diet
the
6
157
116b 127 b
7il 55b
65
b
1
Dnn’iiirv A Norwalk
are
7
.
i
Wells, F. rgo A Co.
IN Mi l IVF. - TOCKS.
Atehi-on Topeka A Santa l o..
Chicago A Alton, pref
Columbia A Greenville, pref...
Columlms Chic, a I ml. Central
These
7
22 V Feb. 11
84 V Feb. 16
10
Pacitie Mail..."
Pullman Palace Car Co
*
4
Mar. 21
Mar. 17
Feb.
5
122 b Jan.
40
134
49
5
»
7
..
Oregon Improvement Co
Oregon Railway a Nav. Co
91b 108b
122 b
115
115b 140b
69b
Mav
16 61V
61 V Jan.
8
57
May 16
1G 127»4 Apr. lo 118b 140b
Sept. 16
39 b
14
-June27
17bMar.
Feb. 11 '102 b 112b
Sib Sept. 17 114
114 "Feb.
205
1,100
85 b
June 20
June 2
2b May 21
770
150
June27
32
July 3
12
Juiie 26
1 b .1 uly 24
19
Aug. 6
18
Juna27
70
July 3
11 bJune 26
24 b June 30
70
May 15
15
Juiie 30
65
J uly 1 i
78 b Juiie 27
“oik)
85
9
bIune27
1VI une 18
14 V May 14
5
Juiie 12
834 A ug. 8
6 b J u ue 26
4,860
1,050
Jan. 29
37
“ibo
'01
10 b
11
48b
5b
•
3,455
20,801
43
4
67
June26j 58
22bJuly
60
100
■38
'j7
b
1234
12b
b
25
Jan.
4
15
4
9
115
Juiie 24 1-0 June 13
83
aune20 94 b Apr. 12
11 bJune27 28-VtJan.
5
20
M nr. 3
June27 71
8
June 24
17b Apr. 4
175
May 1
July 7 184
7
J uiie 2“
1Gb 'an. 7
3
6
Feb. 28
July 12
3,200
Ob
24 b 25 b
130
;30
3
3
21b
41b
20 bl
43 b
3
7a
18
5
*0
12b
21
48
18
40
‘83
2b
12
13 b
13 b
25 b
42
83
13-b
4'Jb
a b
47b
-4
■20 b
21b
80 b
5b
*13
18'
43b
3 b
20 b
21b
7o
80
04
b
21
4) b
21
42
b
10b
45b
5b
80 b
11
25
18b
4 b
83
9(5 b
13
40. b
6b
17
3
’
43b
*05 b
13 b
48 <8
6b
*13
20 b
47 b
20 b
20 b
47
3
48 b
3b
35
94b June27 122
9b Aug. 20
*36
30 b
48
3
3
8b Feb. In
14 b Feb. 16
17
Juno21
9b J une27
63 b M a v 20
6 b J uiie20 1334 Mur.24
lio
June27 127
Jan.29
10
20
3G
1
25bJan.
Aug. 20 24
Juue27 40
June-«» 105
7 bJ
30
00 b
Jnne27
3234 May 26
40
08 b
*6
*11
i
13
11
26
17b
ei>. 1 (=
Feb. 12
119
124
6
7
lib
03
6
12734 eeb. 1»
94 b -> an.
3
Juiie 21 20b Jan.
b June 27 1934 Jan.
67 b J une 27 10434 Mar.
62
May 24 78b Mar.
22 bJ uue 24
51 b Mar.
lib
b
Oib
Jan. If
Jan. li
6734 Jan. H
15
*.
Jan.
28
Feb. 1
Jan.
17
7
135
84 \
86
48
65 b
47 b 71 34
10
17b
68 b
90
61
88
28 34
13
35 b
23
27
14 3„
128
137 b
inb 129 b
190
50
124
77
2,588
18
02
12
90
9
6
18,810
120
600
in
High
127
78
75
51
Jan.
7
Aug. J
8 b Feb. 8
Mav 8
200
M
nr.
19
11
July
Jan.
4
June2H 51
juue23 140 - Feb. 13
Mar. 0
July 8 86
74 b
17b
9i b
91b1
June 12
74 b
14
20
oHii.
58*4 J an. If
57 b Feb. 11
90b May 26 133b Mar.
71
*13
20
17
80
July 22
74
64b
Jan. 3(
Aug. 19
35
Jan. li
21b June26 38 b Ang. 2<*
10b
Aug. 20
80b J une 27
28
.tune 27
69b Mar. 14
125 b June 24 141
A III.
1
08,800
30 b
135
90
149b leb. 12
12634 Feb. 11
6*b J une 2*> 13b Jan. 5
18
1,334
Low.
30 'aline 31'
5
June 27
9 b June 20
7
Mav 20
118
June23 140b Feb.
12
40
82
42
70
10
*11
I
175
10b
3,122
10
20
80 b
92
40
*llb
77 b
3ub
324.390
1,467
30
30
*122 b 123 b
33
124
124
100
300
G4
336
235,009
2,362
127
91b
6b
124
124
13
b
b
13 b'
111b
43,85:5
1,920
5,918
107
92
*88
10Gb
lob
5b
5
7b
7b
10
99 b
5b
11
177
'lib
182
121
*8
28
64 b
J11 ne 28
a line27
243.| j
100
400
125
ioib ’93 b
100b 101b tVo”
6
6
ll3t
9b
3 80 b
120
79 b
107
90 b
124
”20 b
lob
123
*
Ob
15
*
104
67
70b
60
------ ------
Ob
*l4b
*8
*
10
20
31
02
40
33
*64
20
67
lib
10 b
-8
31
92
*88
'8
40
8
*30
’
i 1..
-
15
6b
133
Ob
*122 b
84
15
12
108
113.4
lSy4
.
10
30
8
*
■1U34
*31 b
113*8
31b
01
36
36
188 b 138b
102 b 106 b
10 b if
5b
.*;>
7b
7b
84
34
b
74
'14 b
130
113b
01
70
07
b
•19 b
4Gb
51 b
40 b
121b 12 lb
80 b
82
107 b 107 b
02
03 b
128
120 b
113b 113b
80 b
5b
-4
138
•
"
75 b
00
8
130 b 131-b
80 b 83 b
03
*38
'
35
*14 b
30
38bI
133
*3(’)‘*
33
133 b
*13 b
13b
70 b
47 b
40
*7
14 b
7 b
3 5
10
'7
'14
*8
14b
8
lb'
For Full
Year 1883,
Highest.
8
191
133 b
MIS
Colorado Coal A Iron
Delaw are A Hudson Canal
Mutual Union Telegraph
New York A Texas Land Co
38b
I
5b
7 b
*-"" 6 *
0
Oregon short Lino
Oregon A Trans-Continental...
Adams
American
Uuited Mates.
33b
74
It
b
b
*30 b
Ohio Central
Ohio A Mississippi
Ohio Southern
Do
33 b
75 b
31
48
3
prof
H a8
5b
101
..
Do
Northern Pacific
Do
443a
75 b
80
14
New
New
New
New
10
30
33 b
‘03 b
40
*
*15* *15
New York Elevated
New York Lack. A Western...
New York Lake Erie A West.
pref.
115
;,8
5 b
-4
0
35
134 b
-30
134
'll
Do
3
130
130
80 b
*
4 34
pref.
Do
5-4
38 b
7
*
13 b
130
30
Manhattan Elevated
DO
4
83 b
83 b
10Gb 107 b 107 b 107=4 108
07 bi 03 b 05 b! 03 b 03 "e
31b
03 b
* Chic.
Do
44b
i*07b i()3b iu-ib
108b i’o-ib
II
li
1 1
2u<
30 b
Minneapolis & St. Louis
50
30
42
(ill
43
33
133b'
’8
10
21
33
05 31
41
•8
....
Louisville A Nashville
Louisville New Albany
44 b
33
43 b
oO ‘e
*M»4
~S34
pref
Chicago
Alton..
Chicago Burlington & Quincy.
Chicago Milwaukee & St. Paul
Chicago
I owest.
*
3d pref
Do
-
01
01
-7 b
1st
(Shares).
Sept. 19.
sept. 18.
8<>b Mar. 25
—
.
Do
Do
j Sept. 17.
120
Burlington Cod. Rapids tC
Canadian Pacitie
Canada Southern
Cedar Falls «t Minnesota
Central of New Jersey
Central. Pacific
Chesapeake
Ohio
Friday,
:Wednesday,j Thursday,
SINCE JAN. 1, 1S8I.
Range Since Jan. 1,1881.
Sates of
the Week
PRICES.
LOWEST
AND
Tuesday,
Sejit. 1G.
Monday,
Sept. 15.
e-Hiuulay,
»
A Hi ICO A ns.
Albanv A Susquehanna
Poston * N. Y. Air-Line,
[VOL. XXXIX.
no
sale
was
*225
*225
made at the Board.
225
92
138
7
July 26
May 1 >
i Lower price is ex-dividend.
77
138
7b
4*1
96
112b
139 b 145 b
187 b 197
20
10
9
260
31b
17
14
28G»4
September 20
SEPTE5SBER 19, ISSi.
QUOTATIONS OF STATE AM) RAILROAD
BONDS.
STATE
BONDS.
Ask.:
Bid.
RECUR IT I RS.
Ex-inamred
....
9
\
108
York—6s, fog., 1887
Os, loan, 1801
6s, loan. 1892
Os. loan, 1893....
N. Carolina—Os.«»*.(. ,T..t I
>
Knntlimr act. 1864 1868
100
112
lift
117
29
0
New
T_T
■
304
5 12
,
Special tax. all classes..
Bid.
Ask.
I
c
Del. L.
M. ife
RaiAvoad ISonds.
Gs. 1918
Alleg’y C ent.—1 st.Os, 1002 *
Atcli.T.it S Fe—-4L>s. 1020. ---Sinking fund. Oh, 1011.. ----Atl. <fc Pac.—1st, Os, 1910.1
80
Halt.A O.—lat.Os, Prk.Br. *110
Best. Hartf. it li.—1st, 7s:
10
Guaranteed
100
£ur. C. Rup.it No.— 1 st, 6s
Minn.itbt.L.—1st,7s.gu.;
Ia. City.A West.—1st. 7h
C.Ran. I. F.A: N.—1st, Gs|
'
1st, f)S, 1021
Buff. N.Y. & P.—Cons.,
N.Oit
All). it
104
I
*
busq.—1st, 7s
IdS
...
......
80
85
32
84
.
30*3
Ches.tLitb.W.—M. 5-Os...
i hlcagoit Alton—1st. 7s.
Sinking f and. Os, 1003..
La. A Mo. Kiv.—1st, 7s.
Hens. it bar—1st,
......
05
45
82
33
57
12 Hi
A J i>
02*e
Reorgs 1st lien, Os. 1908
Long Dock b’mls, 7s, ’03
48*3
85
34
I
**•*"*
! 110
1U2
ioo
....
......
110
112
.....
N.Y.C.it N.—Gen.,08,1010
i Trust ('0. receipts
N.Y. it. N. Engl’d—1st, 7s
07
118
★
ioo
134
| Ifit, Oh, 1005
Rutr.N.Y.it E.—1st. 19101l loO
'N.Y.C.ifcSt.L.-l st.Os, 1921
127*3
N.Y. L. K.ife WN e\v2d 0;
<TB.it Q.—Consol.7s. 1003 107
|
i 2d. (is, IO2;’,
<•ollat’l trust,(is, 1022
6b. sinking fund, 1001 . *102*3;
! 'N.5'.W.sli.it Buff.—Cp..5b
Buff.it S.W\—M..fis,1008i
5b, debentures. 1013
1 05 | 00
90 34 j Registered, 5s, 1031
1 Ev. it T. H.— 1 st, cons.. Os]
la. Div.—s. fd.. os, 1010' 105*3
| i
N.Y.busq.it West.— 1 st, Gs
Mt.Vern’n—1 st, Os. 1023'1
Sinking fund. 4s. 1010!
l'0*a
1 I Debenture, Os, 1807
*114
FPfcit P.Marq—M.Os, 1020
Denver Div.—4b, 1022..j
87 I 88
107
1 1 Midland of N. J.— 1st, 6s
Plain 4s, 1021
|Gal. Har.it s.Aut.—1st,Os
1
107*3, 1N.'Y. N. H .it 11.—1 st. rg., 4 s
2d, 7s, 1005
.'
CVR.l.it P.—Os. cp., 1017.; 1*4 J125
91 *3
iNevada Central—1st, 6s..
Mex. .fe Pac.—1st, 5s
Os. l eg., 1017
! 14
jN.Pac.—G. l.gr., lst,cp.,Gs
|
2d, Os. 1031
Keok.it Des M.—1st, 5-*
!
Registered, (is. 1021
Central of N..I.—1st, 1800 11 () *3 11()34 Gr’n Bay W.itst.P.—1 st.lis 100
110*3 'N.O. Pac.—1st, 6s, g.. 1020
1
!
--
.....
.....
......
......
...
....
......
.....
......
.....
......
......
......
......
__
......
.....
.....
.
......
j
......
Col.it Green.—1st,
2d. Os, 1920.,
Oh.IOIG
i
*
2d. 7s. 1898
2d, guar., 7s, 1898
ritts.B.ife B.—1st. (is. 1911
Bellev.tfe bo. Ill.—1st, 8s *113
bLP.Minn.it Man.—lst,7s
IK)
2d. Gs. 1900
1st, consol., Gs, 1033
1st, cons., tis, reg., 1033.
Min’s U11.— 1st, tis, 1022
St. P. .fe Dill.—1st, 5s, 1031
So. Car. R’y— 1st, Gs, 1020
80
Wab.bt. Ti.it l’ac.—Geu’l Oh
Chic. Div.—5s, 1010
I
100
.....
......
,
^
f
.
......
.....
.
......
......
..••••
......
103
*>70
lU4
...
......
82 84
97
07
*
i 0
.....
.
......
......
......
......
85
80
65
GO
41
*
09
*60
Div.—Os, 1010
Tol. P.it W.—1 st, 7h. 1017
Iowa Div.—(is, 1021
00 *
......
85
80
*50
Ind'polis Div.—6s, 1021
Detroit Div.—6s, 1021
Cairo Div.—5s, 1031
Wabash—Mort. 7s, 1909
Tol.it \V\—1st, ext., 7s
1st, St. D. Div., 7s, ’80
2d. ext.. 7s, 1803
Equipm’t bds, 7s, *83.
Consol, conv., 7s, 1007
GLWest’n—1st, 7s, ’88
2d, 7s, 1803
Q.& Tol.-lst, 7s 1890
75
.....
.
05
55
70
..
—
••.
•••••«
■
-
•«
103
03
bo
88*3
......
70
103
89
......
......
......
•••••«
Han.it Naples—lsL 7s
lll.it So.Ia.—l8Lex.,Gs
BLL. K.C.itN.—K.e.,7s
1
100
97
......
101
100
Clar’da Br.—6s. 1010
......
.
....
111*3
......
.
SLChas.Bge.—1 st.Os *74
No. Missouri—1st, 7s. ♦100
......
......
103
WesLUn.Tel.—1000,coup.
...
111*8
1900 reg
Telegraph—7 s, 1904
MuLUn.Tel.—S.fd,6s.l911
Spring Val. W.W.-lsLGs
N.W.
......
72
INCOME BONDS.
......
...
......
,
......
......
.
.....
.
......
......
.
.
.
.
......
......
......
......
......
......
......
......
*
......
*
......
k
Brr.Kjng.it N.Y.—1st,7s 120*3 125
ifoi ris it Essex—1 st, 7s *135
110
2d, 7b, 1801
prices Friday; these are latest
-
110
.....
Haw
103 V
5 1
1
......
100^ 110
101*3
Dakota Ext.- Gs, 1010..
Sabine Div.—lst.6s.1012
iVa. Mid.—M.inc.,68. 1027
......
,
Sandusky Div.—(5s. 1010
Laf.Rl.it M.—1st, Os, 1010
T.ouisv.N.Alb.itC.—1 st,f>8
M mhat.B’chCo.—7s, 1000
N.Y.itM.B’h—lst.78,’07
.
-
....
.....
1
......
„
•
......
......
-
....
70
108
89
..
108
-
80
.
60 *4
......
102 U l*'v>*H
*
......
...
70
50
112
......
....
Consol., 1st, Gs, 1922
---
*
-
130
51
55
Ricli.it A llcg.—1st,7s, 1‘92(
92
Ricli.it Danv.—Cons.,g.,Gs
65
66
Debenture 6s, 1927
Atl.it Cli.—lfit,pf.,7s, ’07 *108
Jncnrues, 1900
05
Scioto Val.—1 st, cons., 7s.
no
St, L. it Iron ML—1st, 7s
'104 *3 105
2d. 7s. 1807
Arkansas Rr’ch— 1«L 7s 105
105
Cairo it Fulton-1st, 7s
Cairo Ark. it T.—1st, 7s *103
*07
70
Geu’l r’y it 1. gr, 5s, 1031
gI.Jj.AJioU ot 1
—I Ht, i8
112
2d, pref., 7s. 1804
103
2d, income, 7s, 1894
1st, Davt. Div., (is, 1910
1st, Ter’ 1 trust, 6s, 1010
Tex.iQ: N.O.— 1st, 7s, 1905
¥
......
......
Og.—1st,7s,’91
Con., l.-t, ext., 6s. 1922.
Rocli.it Pitt.—1st,6s, 1921
Tol. Dei.it Burl.—Main,(Is
88 *3
| Ask.
j*l07
Rome W.it
*iuv
......
m
B.d.
135
*55
......
Trust bonds. Os. 1929.
L. Erie it W.—1st. (5s, 1919
(5*3
!
|
Shenaud’hV.—lst,7s,1000
108
General, 6s, 1921
04*3 Tex.(’em—1st, s.f.. 7s,1909
?l*4 05 1 1st mort., Ts. 1011
......
......
0934
......
2d, Gs, 1931
......
70
Col.JI.Val.it Tol.-lst. 5« *
Del. L.iV* W.—7b. ennv.,’021
1 1
Mort.gage7s, 1907
80
5
3d. 7m. 1912
J 22
Clev.it Pitts.—Cons.s.fd
D’8
4th.s.fd.Cs,1892
*110
St. L. V.it T. 11.—1 st,g.,7.‘
120
104
| Norf.it W.—Gen’l, Os, 1031 >93
Conv..assented,7s. 10021
ilOSVj 2d. Os. 1923
New River—1 st, 08,1932
Hnnn. it St. Jos.—8s.couv. loin* lbDV i
Adjustment, 7s, 1003... 103*3
|
113
Oliioit Miss.—Consol, s.id. 1 16 *3
07
V
Consol, (is, 1011
Conv. debent, (is, 1008..
]
Consolidated 7s, 1898... 1 io *3
07
!
it
Houston
Texas
Cent.—!
Leh.it W.B.—Con.g’d.as.
120
*100
2d consolidated 7s, 1011
OJ
1st, M. L„ 7s
Am.D’kit 1 nip.—5s, 1021
109 j
103
1 st, bpringtirld Div., 7s
1st, Western Div.. 7s
50*3 59 V
t 107
Ohio Central—1st. Os. 1020
133
Waco
No.,
|
1 St, 8s, P. D
1st,
it
7s
58
*
I
1st, Term’l Tr., Os, 1020
1-3
2d, consol., inaiue lino.8s 118
2d, 7 3-10, P.D., 1808...
1st, Min’l Div., Os, 1021
2d. Waco it No., 8s, 1015
1st, 7s, $g.. R.D., 1902. 120
80
75
Ohio bo.—1st, Os, 1021
117 V
General, Os. 1021
3st, LaC. I»iv.. 7s, 1893. 117
1021
Oreg’int
Cal.—1
st.Os,
11(5
1-17
IIoust.E.itW.Tex.—1st,7s
*
Ibt, I. it M„ Ts, 1807 ...
71*3
Or.it Tran se’l—Oh.’82-1022
2d. Os, 1013
iBf, I. <t D.. 7s, 1800.... 110
(50
04
Oregon I nip. Co.—1st, Os.
1
130
Illinois
Central—
1st, C. it M., 7s, 1903...
Oreg’u RR.it Nav.-lst.0s 100*3
119
120
Springfield Div.—Cp. 6s.
CoiiboI.Ts, 1905
Panama— b.f., sub.Os.lOlO
*102
Middle Div.—Reg..5a.
2d. 7s. 1884
95
*
C.st.L.ife N.O.—Ten.1.,7s
l8t,7s, I.it D.Ext.,1908 1 18*4
Evans. Div.—1st,Gs, 1020 *04 h
aio'tj
121*3
110
111*8
1st, consol., 7s. 1807 ..
1st, b.W. Div., Os, 1009.
104
Peoria it Pek.U’n—1st, Gs
04 *4
2d, Os, 1007
1st, 5s, LaC.it Daw, 1919
100
Pacific Railroads —
10
7 *3 IDS
Gold,
5s,
1051
Ist.b.Minn. Div.,0s, 1010
111*3 112*4
Central Pac.—G., Gs
117*3 122*3
Dub. it S. C.—2d Div., 7s *ii4
1 Ht, H. A D., 7b, 1910...
*103*3
115
113
Ced. F. it Minn.—1st, 7s
Chic.it Par. Div..08,1010 112
102
Cal. it Oregon—1st, Os *100
01
05
Tnd. Bl. itW.—1 st pref., 7s
1st,Chic.it P.W..5S.1021
78
Cal. it Or.—Ser. B, Gs. *99
94
1st, 4-5-08, 1000
Min’l Pt. Div., 5s, 1010.
100*4
Baud grant bonds, Os.
55
94
2d, 4-5-Ob, 1000
<3.4 L.Sup.Div.,5s. 1021
*
82
West. Pac.—Bonds, Os 104 *3 106
02
03
Eastern Div., Ob, 1921..
Wl8.it Min.Div..58.1021
109
105
No.R wav(Cal.)—1st, Os 108
Indianap.D.it bpr.—1st,7s
Oliic. it Northwest.—
100*3
bo. Pac. of Cal.
1 st.Os
102*3 103
1 2d.58.1011
Sink. fund. 7s, 1885..
96*3
bo.Pac.of Ariz’a—1st, Os
133
Int.itGt.No.—1st, Os, gold i 10*4
Consol, bonds, 7b, 1915.
80
103
Coupon, Os, 1900
Extension bonds, 7b, ’85 102
HOOo 1 103^
102 *3 103
Kent’ky Cent.—M.Os, 1911
•1st. 7h. 1885
,
109 '
Land grants, 7s, ’87-89 *108
124
Lake
Shore—
ConiMUi, gold. 7h, 1002..
(Sinking funds, 8s, ’93. 107
10334
M.
S.
<fe
I.,
f..
7s
N.
b.
Kegist’d gold, 7b, 1002.
Reg 8s, 1803
115
Clove, it Tol.—bink’g fd. 102-h 103
Sinking fund, Ob, 1920..
Collateral Trust, Gs...
New bonds. 7s, 1880.. 103*3
Sink. fund. Os, 1020, reg
5s, 1007
do
Cleve. P. it Ash.—7s— *112
Slutting fund, 5s. 1020.. 102*3 103*a
Jfnns Par..—lut,, Os, ’95 100*3
*117
Buff, it Erie—New bds
Sink, fund, 5s, 1020, reg
i*07V
1 fiC Os, T 800
1
94 7e
Kul. it W. Pigeon—let.. *100
Sink’g fd. deb., 5s, 1033
Penv.Div.Gs.as’d, ’90 105*4
T.—1st,7s,1000
Det.-M.it
Escaiiabait L.b.—' 1st,Ob
bia4 82
1st, consol.. Os. 1910
Lake shore—Div. bonds *118-4
Dch M..t Min’ap.— 1st,7s
120
C.Br.U.P.—F.c.,7s, ’051 k
Consol., coup., 1st, 7s. 123
Iowa Midland—1st, 8s.. *124
85
l. 4 *3
ALC.it P.—l8t,6s,l(K)5
Consol., reg.. 1st, 7s...
Peninsular—1 st, conv. 7s 115
1 18
At. J. Co.it W.—1st, Os
110
|
124"
Consol., coup., 2(1^78..
Chie.it Milw’kee— 1st,7s
77
Oreg. Short L.—1st, Os
Consol., reg., 2d, < s... 110 *3 117*3'
Win..t St. P.—1st. 7s, ’87 105*3 1(G34
97 V
Ut. So.—Gen., 7s, l9()0
110
|
118
Long
I
RK.—1st,
7s,
’98
si.
2d. Ts. 1007
93
l'oiv
Extern, 1 Ht, 7s. 1009
101
1st, consol., 5s, 1031
Mil.it Mrtd.-l«t,0s.l905
9334 95
Mo. Pac.—1st, cons., Os.
Louis. West.—1st. Os
C.C.C.it I nd’s—lsUTs.s.fd. 121*3 i 5
loo
3d. Ts, 1000
123
Louisville it Nashville—
Consol. 7s. 1014
103*4 10334
Pac. of Mo.—1st, Os...
114*3
Consol., 7s, 1808...
Consol, sink, fd., 7s, 1014
100
I
j
91 *3
2d, Ts. 1801
Cecilian Br’ch—7s, 1007
General consol.. Os. 1034
00
|
80
St.L.it S.F.—2d, (5s. Cl A
Ill
M
ob.—1st,Os,
1030
HO*8
C.St.P.M.it ().—Consol. 6s
08 V
0830
3-Os,
Class
C.
1000
118
2d. Os, 1930
(C.St.P.tM.-l st.Os. 1018 *115
90
3-Os. Class B. 1900....
E. H .it N.—1st. Os, 1910
No. Wis.— 1st. Os, 1930.
90
1st, Os, Pierce c. it O.
tl
General, Os, 1030
8GP.it S.C. —1st,0s, 1919 117*3 110
102
Equipment, 7s, 1895..!
Pensacola Div.—Os, 1020
Chic.it E.I 11.- 1st.s.f..cur.
i()5
Gen’l mort.. Os. 1931.., *92
|
bt.
IDiv.—1st,
Os,
1021
Chic.bt.L..t P.—1 st.con.5s *
104
52 *3
So. Pac. of Mo.— 1st,Os)
2d. 3s, 1080
104*3
Chic.it Atl.—1st, Os, 102b
Tex.it Pac.—1st, Os, 1005 *100
115 1
112
1
Nasiiv.
it
Dec.—1st.
7s.
2d, Os, 1923
|
76
Consol., Os. 1905
s.it' N. A la.—s.f.,0s, 1010
1
Chic.it W. I ml. 1st, s.f.. Os
35
3i
Income <t Id. gr., reg..
100
Leban’n* l\ mix-Os. 1031
Gen’l mol t.. Os, 1932
40
474,
1st,Rio G.Div.,tin, is»50
Louisv. C.it L.—Os. 1031
‘
3
2d. 7s. 1912
35
-
lfltconsol.aHseute(1.1800| 103*3 I04a4 Gulf Col.it 8. Fe—7s, 1000
40
4
30
......
„
......
Penn. R It,—Continued— t
137
Pitts. Ft.W.ife chic.— 13
;
25
......
.
!
lOi) ‘e
..
jN.Y.P.it O.—Pr.l’11, Os, ’05
.
......
\
10*4
'12(5*3
......
109*3
SECURITIES.
1
| 58
87
......
.
Ask.
'
......
3d, extended, 4 *38, 1023
4th, extended, 5s, 1020.
5th, 7s. 1888
1st, cons., gold, 7s, 1920
1st, cons., fd coup., 7s..
1st. guar. (504), 7s, ’04
'118
2d. (3(5(1), 7s, 1808
2d. guar. (188), 7s, ’08 ‘118
Miss.K.Pr’ire— 1st. s.f.Gsl --- ■
13 35
154
07
-•....
Eliz.Lex.it BigSanrtj—Gs
Erie—1st. extended. /s...'
2d. extended, 5s, 1010
(110
117 V
*3
67
1st, cons., os, 1030
I Divisional 5s, 1030....
Eliz.C.it N.—S.f .,deb.,c.,Gs
1 st. Os, 1020
i 118 Si
-w
-
115*4
1
cp.,7si'*130
IDet.Mnck.ifeMarq.—1st, Os
I Land grant, 3*38, S.A...
E.T.Va.itGa.—1st, 7.8,1900
117 V
I
......
1st, reg.. 7s, 1021
Deuv.it Rio Or.—1st, 1000
1st, consol., 7s. 1010
Den.So.Pk.it Pac.—1st, 7s
Den.it RioG.West.—1st,Os
116*4*
2d. 7h. 1000
St. L.J aek.it Chic.—1st
......
Os, 1000
Registered
00
00
07 *3
General, Os, 1024
...,* 00
Can. No.—1st, int. guar, os:
‘77
2d, os, 1013
Reg., os, 1013
100
Central Iowa—1st, 7s. *99|
00
05
East. Div.—1st, Gs, 1912|
111. Div.—1st, (5s, 1012..I
Char. Col. it Aug.—1st, 7s
Ches.it O.—Pur.money fd.' ii'iv
lol
110
8s, gold, Heries A. 1008 .
cons., gu..
i
125
Registered.
1st,
130
130
110
1U5
1 26 4j
2d, 7s. 1885.
!
*
1
44
37
37
4 5
35
Registered
Funding 5s, 1899
j
99
Coupon. 5s. 1931
100*4
Registered, 5s. 1031
Jack. Lan .it Sag.—Os. ’91
85
iMilw. it No.—1st, Os, 191(
1
I ' st, 0--, 1884-1913
00 V
'Mil.L.S.it W.—1 sf.Os.l 921
Mi1111.it st.L.—1st,7s, 1*927 *117
112
Iowa Ext.—1st, 7s, 1900
102
2d. 7s. 1801
S’thw.Ext.— 1st. 7s,1910; 111*3 * D2
Pac. Ext.—1st. Os, 1021 1 102*3 103
72 ! 72*3
Mo. K.it T.—Gen’l.09,1021
! 00
General, 5s, 1020
|* j ()*3 ’104
Cons. 7s, 1004-5-6
I 05
*55
Cons. 2d, income, 1011.. 1
II. it Cent. Mo.—1st, ’00 103*3 !
;io5*3
Mobile it Ohio—New Gs.. 1*
Collater’l trust, Gs, 1892
1st. bxtension, t5s, 1027
1
Morgan’s La.it T.—1st, (>s
'118
Nafih.Chat.it St.L.—IbRTs
,*1(*0 |103
2d. Gs. 1001
1
N. Y. Central—Gs. 1887... I B)4
i 104
Deb. certs., ext’d 5s
j
*4
N.Y.C.ife li.-lst, cp.,7s j 131
1131
i
1st, reg., 1003
llml.Riv.—7s.2d, s.f., *85 *103*3
130
Harlem-1st. 7s, coup...
j 12941
|
1 st, 7s. reg., 1000
; 1J 8 *3
N.Y. Elev’d—1st, 7s, 190(5 11 <
'
! 115*4
1st.cons., guar.7s.1006
Os *
8b, gold, Henes H, 1008
6s, currency. 1018
Mortgage Oh. 1011
!
Bid.
Mich.Cent.—< 'ons.7s, 100*- 1 ’21 K
103 \
Consol. 5s, 1902
(is. 1009
05 *3
ll-»
40
40
34i4
*3
40
45
39*3
1012
1
■
.
15*
1
! 1U
Coupon, 7s, 1804.
bl i<2
115
90
j
,
JOO
118
... .
5
Ask.
BONDS.
.
.
104
|
Metropoiit’11 El.—1st, lOOf ;; D*5:t
I 92 \
1
2d, Os. 1899
!■>.’»
Mex. Cent.—1st, 7s, 1911 j
'
1
n
Marietta it Cin.— 1st, 7s.
1
!
j
......
SECURITIES.
Ask.
1
W.—l onlinM-
1 st, consol., guar., 7s.
N.Y. Lack.A VV.—1st, (5
( oii'inictio’
5s, 102
)el.tfe JIud.Canal—1st, 7
1st. ext., 7s. 1*91
<Sb'/ck Exc\ange Prices.)
Ala. Central -1st.
.v
163
Brown ctnssol’n 6s, 1803
Tennessee—6s, old. 1892-8
6u. new. 1802-8-1900
!
Cm p’nitse,3-4-d-6s,
Virginia—Gs, old
Os, new, 1800
110 j
Os, consol, bonds
(5s, ex-matured coupon
......j
1
Os, consol., 2d senes
I
Os, deferred
District of Columbia—
106
j 3-65s, 1024
8*
M
nosi-fundable, 1888. i
|
I
5
......
Os. Act Mar. 23. 18(59 )
j
Bid.
SECURITIES.
Wil.C.itKu.R
Do
Tennessee—Continued—
Os, new series, J014
|
1
Consol. 4s, 1010.
6s. 1010
Ohio—Gs, 1880
bouth Carolina—
-----
BAILiCOAD
SECURITIES.
18
3
Bid.
SECURITIES.
Ask.
1
N. Carolina—Continued—
New bonds..LitJ.,'92-8
!
109
115
Jo., ’86.
«v r>t.
Bid.
SECURITIES.
108
Funding, 1804-05
Hannibal
08
102
108
7a, gold, 1890
coupou
Missouri—6s. 1880.
Os. due 1880 or 1800
Asvl’m or U ni v.. duo ’02
„
•
7s. 1886
70
G»
lt)2L,
'*'>ns..l9l4
D
78
Ask.!
!
Bid.
SECURITIES.
*
*8
Class K, 5s, 1006
*78
Class C. 4s, 1900
*100
6«, 10-20s. 1900
2
Arkansas—*iH. funded
8
7s, L. Rock A Ft. s. iss.
5
7s, Menip.«fe L. Rock RR
5
7s. L. R.P.B.it N.O. RR
6
7s, Miss. O. «fe R. R. RR.
$
7s. Arkansas Cent. RR.
Georgia—Os, 1880
319
THE CHRONICLE.
lk81 ]
.
75
81
83
“2
*70
quotations made thla week.
70
85
80
04
1
do
csscnie,
......
Pennsylvania RR.—
Pa.Co.’s guar.4 *-jS,lst,cp
Registered, 1021
Pitt.C.A St.L.—1st.c.,7s
1 st, reg., 7s, 1000
2d, 7s. 1013
94*3
9la4
*
96
......
118
......
(Interest payable if
earned.)
Alleg’nyCenL—Inc., 1912
15
*75
Atl. it Pao.—Inc., 1910...
Central of N. J.—1908
—
CeuLla.—Coup. deb. certs.
Ch.SLP.itM.—L.gr.iuc.,Gs
Cuic.it E. Ill.—luc., 1007
DesM.it Ft.D.—lst,inc.,(>s
Det. Mack. &
......
......
Marq.—liic.
Elizab. C. it Nor.—2d, inc.
......
Consol., inc., 6s, 1021...
......
*15
*
15
*15
¥
65
......
......
juef., debentures
N.Y.Lake E.ifeW.-Inc.Gh
4tli.
So.Car.R5,.—Inc., 6s, 193J
SLL.itl.ML—l8t,7s,pra.a
bt. L.A.it T. H.—Div. b(lH.
......
30
•
•
2d. pref., debentures—
3d, pref.. debentures
EvanswlJiw—Inc., 1921
.
73
......
O.—lst.prf., ilebeu
Peoria & Pok.Un.-Inc.,6f
Roch.it Pittsb.—Inc., 1021
Rome W. it Og.—Inc., 7b
......
*15
Ind’sDec.it Spr’d—2d,iuc.
Trust Co. certificates..
Leb. A Wilkesb. Coal-’88
Lake E.& W.-Iuc.,7s, ’O'.
Ogdens.it L.C.—I nc.. 102<
PeoriaD.it Ev.—111c., 102(
17*3
......
*16
Ind. Bl. & W.—Inc., 1019
N.Y.P.it O.— lst.inc.ac.,7f
Ohio Cent.—Income, 1921
Min’l Div.—Inc.,7s,102)
Ohio So.—2d inc.. tis, 1921
....
.
15
Gr.BayW.it SLP.—2»l,inc.
Mob.it
......
......
E.T.V.&Ga.—Inc.,6s,1031
baml’ky Div.—lnc.,102(
Laf. Bl.it Mun.-Iuc.,7s,’0!
Mil. L. bh.it W.—income.-
17
......
.....
.
.....
*30
5
......
.
.
...
.
.....
......
7934
07*a
......
.
.
....
-
...
.
50*>
7
.....
19
......
*25
*25
......
*55
.....
......
......
35
.....
......
.....
...
28
6(1
..•••«
40
Quotations In Boston, Philadelphia
New York Local Securities.
;J
Insurance Stock
Marked thus (*) are Par.
America*
▲mar.
Exchange...
Broadway
i '
TlrnvV
Central
Chase
Chatham
Chemical
Citizens’
165
125
150
124
230
140
iio
1>’0
150
2000
125
25
100
City
Commerce
Continental
Com F. veil an ge*
East River
Eleventh Ward*....
Fifth
Fifth Avenue*..
First
ll-
100
100
25
25
100
100
25
100
Fourth
Fnlton
Gallatin
Garfield....
ftfimian American*.
Cerrnan Exchange*
Cermauia*
Greenwich*
Hanover
Imp. & Traders’
Irving
Leather Manuf’rs’..
Manhattan*
Marine
Market
Mechanics’
Mechanics’* Trade’
Mercantile
Mercnani s’
Merchants’ Exch...
MVuhmpolis*.
Metropolitan
Murray Will*
Nassau*
New York....
New York County
N. Y. Nat. Exch
Ninth
North America*....
North River*
Oriental*
Pacific*
Park
.
...
People’s*
Phenix
Produce*
100
100
100
25
25
100
100
100
100
30
50
ICO
75
100
100
25
100
100
265
150
100
160
......
......
......
....
1*06
fievenf.lt Ward
Second....
Shoe* Leather
State of New York*
Third
Tradesmen’s...
Union
Uuited States
Wall Street..
West Side*
170
160
140
110
120
50
220
230
70
90
103
75
40
.
105
297
130
105
230
55
.
......
160
......
......
150
260
145
250
.....
15(3
....
145
137
......
......
......
....
.
120
120
*90
65
13*6
(Rklyn.)
National
Niagara
70
30 120
25 130
50
100 151%
25
20
50
100
100 125
100
100
100
100 105
100
40
50 150
100
50
100
i’oo
%
North River
Pacific,
Park
Peter Cooper
People’s
Phenix
160
....
.!
Rutger's
Standard
......
..
Star
Sterling
......
120
......
Stuyvesant
United States
Westchester
40
115
200
82
100
70
100
150
N Y. Equitable
N. Y. Fire
140
162
L40
100
110
100
125
130
50
40
105
50
96
105
145
37% 80
..
Nassau
......
fit. Nicholas*
140
102
140
.
108
125
115
160
50
100
50
100
100
25
25
100
50
50
100
100
100
50
100
100
100
100
-
Ask.
Bid.
50
American
Amer. Exchange... 100
25
Bowery
25
Broadway
17
Brook! vn
20
Citizens’
70
City
100
Clinton
50
Commercial
100
Continental
40
Eagle
100
Empire City
30
F.xcliange
50
Farr a gut
17
Firemen’s
10
Firemen’s Trust
100
Franklin A. F.mp 100
German-American
50
Germania
50
Globe
25
Greenwich
100
Guardian
Hamilton
15
50
Hanover
100
Home
50
Howard
100
Irving
30
J efferson
Kings C’uty (Bkn.). 20
40
Knickerbocker
Tiling Tsl’il (R’klyn) 50
Lorillard
I..1 25
Manufac. * Build.. 100
25
Mech. & Traders’
Mechanics’ (Bklyn) 50
50
Mercantile
50
Merchants’
Montauk (Bklyn.).. 50
.
400
......
Republic
Par.
COMPANIES.
80
120
100
50
25
25
100
20
50
50
25
50
100
100
25
25
10
50
107
165
too
145
108
130
115
90
r
V ♦J
53
110
120
120
200
Bid.
SECURITIES.
St.]
PRICE.
Ask.
Bid.
not National.
A
List.
[Prices by E. S. Bailey, 7 Pine
PRICE.
COMPANIES.
H J
and Baltimore.
-
Bank Stock List.
!
fVOL. XOIX.
THE CHRONICLE.
320
150
110
150
180
170
150
120
125
80
235
250
80
100
108
85
70
112
225
140
115
290
65
110
130
135
60
60
125
210
90
110
77
110
70
112
60
105
110
150
90
160
85
125
110
175
108
155
115
136
120
100
60
60
120
126
125
225
BOSTON,
100
170
*79 >4
Income
Boston &
Boston &
6s
Boston &
Mort., 6s, 1889
Maine—7s
Cam. &
Albany—7s
Lowell—7s
117
Nebraska, 6s. Exempt
Nebraska, 6s.Nou-ex’pt 104
80
Nebraska, 4s
Conn. & Passumpsic—7s.
Connotton Valley—6s
5s
ids*
82
*2*16*
East’rn, Mass.—6s, new..
Fort Scott & Gulf—7s
K. City Lawr. & So,—6s..
K. City St. Jo. & C. B.—7s
Little R. & Ft. S.—7s, 1st
K. City Su’d & Mem.—6s
Mexican Central—7s
N. Y. & N.
Cons. 5s, 1895
33'V Ithaca*Ath.—1st, gld.,7.-
94 Leh.V.—lst,6s,C.*R.,’98
| 2d, 7s, reg., 1910
93
I Cons. 6s, C.& R., 1923.
102
[N. O. Pac.—1st, 6s, 1920
No. Penn.—1st, 6s, cp.,’8;
2d, 7s, cp. 1896
Gen., 7b, 1903
72
England—6s..
7s
N. Mexico & So.
Ogdensb.&
Pac,—7s
L.Cli.—Con.6s
Income
Old Colony—7s
6s
Pueblo & Ark.
Sonora—7s
STOCKS.
Atchison & Topeka
Atlantic & Pacific
Boston & Albany
Brooklyn Gas-Light
Citizens’ Gas-L.
Bonds
Harlem
(liklyn).
Amount. Period
I ®
Street.]
Bid.
S
Ph
1
May 1,’84
2,000,000 Var’s
J ill v 1, ’84
1,200,000 Var’s
259,000 A.AO. 3% S’g‘F., ’99
1,000
3
I Aug. 1.’84
50 2,000,000 F. & A
20
750,000, J. A J. 7
July 1, ’84
5
Var’s
60 4,000,000
[June 2,’84
25
20
134
107
122
145
297
F. A A. : 5
Aug.12'84 230
107
F, A A. | 3
J 90.
Quar. : 2%'Julvl0’84 125
104
M.AN. ■ 3
I
1902
2
'June 2,’84 108
Var’s
85
M.AN. 2*g May 1,’84
M.&N. 5 I May 1, ’84 100
77
June 2,’84
J. & J. 3
M.&N. 3% May 1,’84 106
I Apr. 3,’84 97
J. & J. 3
•
Jersey City & Hoboken..
Manhattan
100
Metropolitan
1,000
Bonds
Mutual (N. Y.)
Bonds
Nassau (Bklyn.)
2,500,000
700,000
3,500,000
1,000 1,500,000
100
..
Scrip
25
Var’s
100
10
1.000,000
700,000
4,000,000
1,000,000
1,000
400,000
New iork
People’s (Bklyn.)
Bonds
Bonds
Var’s
50
Williamsburg
Bonds
Metropolitan (Bklyn.)...
Municipal
Bonds
Fulton Municipal
Bonds
100,000
'Too 2,000,000
136
94
110
124
155
301
233
1*2*7**
106
,
1,000,000 Quar. 2^ July 21’84[132
106
1900
1,000 1,000,000 A.&O.
100 1,000,000
July 1, ’84 94
100 3,000,000 Var’s
J'nel0,’84 206
106
1888
750,000 M.&N.
1,000
100 3,000.000
Aug. 5,*S4 150
300,000
Equitable
1
Ask.
J.'&j*
1900
.
107
96
*9*6**
163
80
110
100
134
no
96
210
108
153
110
100
*91*4
[Oil Creek—1st, 6s, coup..
Pennsylv.—Gen., 6s, reg.
Geu., 6s, cp., 1910
Cons., 6s, reg., 1905 —
100
162
165
BPckerSt.* Fult.F.
1st niort
100
900,000 .1. & J.
1,000
700,000 J. * J.
2,100,000 Q.—J.
1,500,000 J. * D.
2,000,000: Q.—F.
-stk
100
Br*dway*7th Av.—St’k.
1st mort
1,000
10
Brooklyn City—Stock
1st niort
1,000
Bklyn. Crosstown—Stock
100
1st mort. bonds..
Bushw’kAv. (Bklnj—Sfk
1,000
100
100
Central Crosstown—Stk.
1st niort.
1,000
100
Cent.Pk.N.& E.Kiv.-Stk
Consol, mort. bonds
1,000
Christ’ph’r&lOth St—Stk
100
Bonds
1,000
800,000
200,000
400,000
500,000
600,000
250,000
1.800.000
.1.* J.
A.&O.
J. * J.
Q.-F.
Q.—J.
M.&N.
Q.—J.
1,200,000 J. & D.
650,000 F. * A.
250.000 A. AO.
100 1,200,000 Q.—F.
DijDk.E.B.A Bat’3—Stk
500&C.
900,000 J. A D.
1st mort., consol
1 JO 1,200,000 F.& A.
Scrip
100
1,000,000! Q.—J.
Eighth Av.—Stock
100 1,000,'WF * A.
Scrip
100
748,000 M.&N.
42d & Gr’nd St.F’ry—Stk
1st mort,
1,000
236,000,A. AO.
100
250,000i Q.-F.
Houst.W.St.&P.F’y-Stk
1st mort
Second Av.—Stock
3d mort
.
Consol
Sixth Av.—Stock & scrip
500
100
1,000
1,000
1st mort
Yhtrd Av.—Stock
1st mort
Twenty-third St.—Stock.
1st mort
This coluwvn snows last
100
500,000 J. A J.
1,862,000 J. A J.
150,000 A. AO.
1,050,000, M. AN.
1,500,000!M.A S.
1,000
500,000 J. A J.
100
2,000,OOOj Q.—F.
1,000
100
1,000
Cons., 6s, coup.,
2,000,000 J. & J.
600,000! F. A A.
250.000 M.&N.
dividend
on stocks,
% July, ’811 24
7
July, 1900; 107%
2
July, ’84 105
5
June, 1904; 103
3% Aug., ’84 [212
5
Jan., 1902 T 06
4
7
2
April ’84 155
Jan., 1888'105
Aug., ’84 160
1% Inly, ’84 145
,
6
Nov.. 1922 110
2
July,
7
Dec., 1902 i l"i 8
’84!138
'84 130
7
Oct., 1898 1 10
2% Aug., ’84 192%
June
’93 114
7
6
Feb., 1914 101
2% J»iy, ’84 240
6
T-eb.. 1914 105
6
May, ’84 245
7
April , ’93 112
2
’84 130
Aug.
7
July, ’94 111
J ulv.
5
’84 195
7
April , ’85 100%
7
’88 105
Mav,
Mcb.
’84 150
10
7
July, ’90 no
’84'235
4
Aug.
7
Jan., ’90 111
4
Aug. ’84[170
7
May, ’93 no
3
Aug.
25%
109%
175
105
218
no
165
112
165
150
1
12%
141
119%
135
116
Cambridge
Cheshire, preferred
Chic. & West Michigan..
Ciun. Sandusky & Cleve.
Concord
Connecticut River
Conn. & Passumpsic
Connotton Valley
166
101
7,1906
Perkioruen—1 st, 6s,cp.’87
Phil.&Erie—2d.7s,ep.,’88
Cons., 6a, 1920
Cons., 5s, 1920
Phila. Newt. & N.Y.—1st
Phil. & It.—1 st, 6s, 1910..
216 i
Lansing & No., pref.
37 %!
113
i1
ly^'.
Flint & Pere Marquette.
Preferred
Fort Scott & Gulf
98
Preferred
City.
Mem.
Little Rock & Ft. Smith.
Louisiana* Mo. River..
Iowa Falls & Sioux
Kan. C. Spring!. &
40
Debenture coup.,
Scrip, 1882
Conv., 7s, R. C.,
’*22%
Mexican Central
Nashua & Lowell
N. Y. & New England
Northern of N. Hampsh.
Norwicli * Worcester...
Old Colony
Portland Saco & Portsm.
144
113
18
18 *2
13% 13 Hi
".
Preferred
Camden * Atlantic
Preferred
Caiawissa
121%
1st, 7s, 1899
1896
Geu., 7s, coup..
*64*
Ches. &
BONDS.
Del—1st, 6s,1886
Lehigh
Nav.—6&,reg.,’84.
-
69 *a
70
95
60
106
112
113%
113*’
ids*
12
105%
106
70
105
114%
..
122
87
BALTIMORE.
1st pref
2d pref
Pennsylvania
Philadelphia * Erie
Parkersburg Br
56% Central Ohio—Com
62%
54%
63
54 Hi
13
103%
50
50
Pref
50
Western Maryland
50
RAILROAD BUNDS.
Atlanta * Chari.—1st
135
125
50
51
12%
14
109
*12 %
123,
193
Jersey
West Jersey * Atlantic..
Balt.AOhio—6s„’85A.*0
Cen. Ohio.—6s, 1st,M.AS.
Chari. Col. A Aug.—1st..
2d
Cin. Wash. *
2d«
3d*
Balt.—1sts.
Columbia* Greeuv.—lsts
CANAL STOCKS.
43
2(ls
No.Central—6s, ’85, J.&J.
„
6s, 1900, A. & O
6s, gold. 1900, J. * J
5s, Series A
.
RAILROAD BUNDS.
Allegh. Val.—7 3-10s, ’96
5s, Series B
P.ittsb.&Con’ells.—7sJ*J
Union RR.—1st,gua.J&J
Canton endorsed
78, E. ext., 1910
Inc. 7s, end., coup., ’94
Virginia & Tenn.—5s
101
iio*
2d, 7s, 1908
t Per share.
gg
W.MdV—*6*3,* 1st*. g.’,‘J.*&* j*.
2d, guar., J.&J..
2d, guar. by W.Co.,J.*J.
6s, 3d, guar., J. * J
Wilm. C. * Aug.—6s
Wil. A Weinon—Hold. 7*
t In default.
109%
83 3*
Inc
West
Bell’s Gap—1st, 7s, 1893.
1st, 6s, 1905
Consol., 6s, 1913
Buff. N.Y.& Phil.—1st,6s
i*0*3'% 1*0*4
RAfLR’D STOCKS. Par
Atlanta * Charlotte
Baltimore * Ohio
100
5534
56
2d, 6s, 1885
3d, 6s, 1887
93
*60
Pennsylv.—6s, cp., 1910..
Norfolk & West’n—Com.
Preferred
Northern Central
North Pennsylvania
48
Schuvlk. Nav—1st,6s,rg.
2d, 6s, reg., 1907
13
Nesquehouiug Valley....
Aslitab. & Pittsb.—1st,6s
1 st, 6s, reg., 1908
Belvid’e Del.—1st,6s,1902
43
1901
Mort. RR., reg., 1897
Cons., 7a, reg., 1911
63%
113%
103%
CANAL
53
Preferred:
Schuylkill Nav.. pref...
109
Titusv.—1st, 7s.
Cons. 6s, 1909
W. J ersey* Atl.—1 st,6s,C.
Western Penn.—6s, coup.
Huntingd’u & Broad Top
Phila. Ger. * Norristown
Phila. Newtown & N.Y..
Phila. * Reading
Phila. Wilm. * Balt
Pittsb.Cin.* St. L.—Com.
United N. J. Companies..
West Chester—Cons. pref.
i‘01% ioi*
Consol., 6s. 1905
Warren * F.—1st, 7s, ’96
West Chester—Cons. 7s..
W. Jorsey—1 st, 6s, cp.,’96
Preferred
Preferred
105
120
Syr.Gen.A Corn.—1st, 7s. ioi*
Pac.—1st, 6s, 1905
216
Lehigh Valley
123
Tex. &
6s, P. B.,
1 st preferred
2d preferred
Delaware * Bound Brook
East Pennsylvania
Elmira * Williamsport..
Ex-dividend.
2d, 68,1938
30
265
no
260
117
140
hut date of maturity of bonds.
101%
121 Hi
United N. J.—Cons.6s,’94
Cons. 6s, gold, 1901
Cons. 6s, gold, 1908
Gen., 4s, * old, 1923
4 Hi
Phil
1893--*
Income, 6s, 1923
Income, 5s, 1914
Suuburv & Erie—1st, 7s.
Sunb. Haz. & W.—1st, 5s
Union *
Preferred
PH ll* A DELPHI A.
RAILROAD STOCKS, f
Allegheny Valley
Ashtabula * Pittsburg..
Preferred
*
130
122 Hi
18931
Pitts. Titus. * B.—7s,cp.
SliamokinV. A Potts.—7s
Shen. Val.—1st. 7s, 1909
Gen’l 6s, 1921
11
Rutland—Preferred
Pennsylvania
115
300
113
175
113
122
129
122
50
cp.off, Jan.,’85
Phil.Wil.* Balt.—4s,tr.ct
Pilts.Cin.* St.L.—7s, reg
Summit Branch
2128
Vermont * Mass
59
Worcester & Nashua.,...
10%
Wisconsin Central
Lehigh Navigation
101%
90
Conv. 7s,
>
103%
106
128
2d, 7s, coup., 1893
119
Cons., 7s, reg., i911...120
Cons., 7s, coup., 1911 .. 119
Cons., 6s, g., 1.R.C.19U
98
Imp., 6s, g., coup., 18971
81% 81%
Gen., 6s, g., coup., 1908|
93
Gen., 7s, coup., 1908....I
598
Income, 7s, coup., .896
55
Cons. 5s, 1st ser.,c., 1922.
35
Cons. 5s, 2d ser.,c., 1933,
70
Conv. Adj. Scrip, ’85-88
78
Eastern, Mass
Fitclxbarg
197%
116%
200
..
1905...
Cons , 5s, reg., 1919
Pa. * N. Y. C.—7s, 1896.
;
273*
Little Schuylkill
Minehill & Soli. Haven...
(Quotations by H. L. Grant, Broker, 145 Broadway.]
116%
N. R. Div., 1st, 6s. 1932
lOil City* Chic.—1st, 6s..
71% 7’."8
7%
7*8
170
'169
Boston & Lowell
Boston & Maine
Boston* Providence....
Boston Revere B. & Lynn
Bell’s Gap
Buffalo N.Y. &
115
West.—Gen.,6s
j
...
Par.
Norfolk*
lllij 1143^
Metropolitan
Railroad Stocks and Bonds.
[G*a Quotations by Geo. H. Prentiss & Co., Brokers, 49 Wall
108%
Debenture 6s, reg
Val.—7s..
Rutland—6s, 1st
Det.
106
Easton&Amb’y—5s, 1920
El &Wmsp’t-lst,6s, 1910
5s, perpetual
Harnsb’g—1st, 6s, 1883..
H.&B.T.—1st, 7s, g., 189(
100
96 V
Income
Scrip
Atl.—lst,7s,g.>,93
2d, 6s, 1904
Cons., 6 p. c
Cam. * Burl. Co.—6s,’97.
Catawissa—1st, 7 s, eon. c.
Chat. M., 10s, 1888
New' 7s, reg. & coup. ..
.Connect’g 6s, cp., 1900-04
'Cor.Cowan* Ant.,deb. 6s,
I Delaware—6s, rg.& cp.,V
Del. * Bound Br —1st, 7s
East Penn.—1st, 7s, 1888
6a
Boston & Providence—7s
Burl. & Mo.—Ld. gr.,7s.
Preferred
City
GAS COMPANIES.
1 Pt. Tr. 6s, 1922
Buff.Pitts.* W.—Gen.,6s
Cam. * Amboy—6s, c.,’89
*
! 56 |
Preferred
; 283 4
Maine Central
Manchester* Lawrence.
Maup HoughL’n * Onton.[ *17*
......
and
Gas
Buff.N.Y.* P.—(Cont.)—
Cons. 6s, 1921
120
Atch. & Topeka—1st, 7s.
Land grant, 7s
i
Atlantic & Pacific—6s ...
Ask
Bid.
SECURITIES.
Ask.
103
106
104%
98
98%
613,
28%
92-’-e
62
56
101
115
115
28%
*6*6**
10134
100%
122
112
*9*5*
120
109
109%
107% 109
120
5 Last price this week.
September 20,
THE CHRONICLE.
1884.J
KA1LKOAD
IS A ItMMiS,
New York
The latest railroad earnings and the totals from Jan. 1 to
latest date are given below. The statement includes the gross
earnings of all railroads from which returns
can
Aivrage Amount of—
be obtained.
heading “ January 1 to latest date” fur¬
nish the gross earnings from January 1 to, and including,
the period mentioned in the second column.
KL.RCkAFtSuih
Jan. 1 to Latest Date.
Earnings Reported.
Roadi.
-
Week, or M<
1834.
1883.
$
S
1884.
1883.
Banks.
...
237,649 5,885,172 5,*9o,ll6
Chic. Burl. & Q. July
1,735.199 1,821,705 13.351,220113,229,9u8
Chic.& East. Ill. lstwkSent
38,997
39,806 1,012,70s 1,105,867
471,000
Ohio. MU. & St.P. 2d wk Sept
514,928 15 150.000 15.385.131
514 800
Chic. <fc North w. 2d wk Sept
585.100 15.6)4.884 16,586.405
Ch.8t.P.Min.&0. 2d wk Sept
120,400 3,809.244 3.5 i7,557
110,200
31.051
Chic. & W. Mich. Is; wk Sept
27.955
1,038,8 U 1.057,2 4
Cin.Ind.St.L.&C. 2d wk Sept
55,021
57,743 1,646,735 1,710,198
241.133 1.062,341
Cln. N. O. A T. P. August....
231.66.**
1.626.963
49 62Cln.Waah.&Balt. lstwk wept
42,084
1,146,316 1.254 618
14.120
Clev. Akroiufe ol l s; wk Sept
328.898
14,923
360.018
Clev.Col.C.A Ind July
361,604 2,069,138 2,345.826
292,21 2
Connotton Val.. June
27,520
Denver & Rio Gr. June
678.781
583,797
3,034.51*1 3,371.207
Des Mo. & Ft. 1>. IstwkSept
11.433
225.554
11,31s
209,745
23,756
31.98:
915,931
Det.Laus’g& No. IstwkSept
1,050,639
Dub. A SiouxCity 1 st wk Sept
20.415
22.223
574,553
698,172
Eastern
334.72S 1,914.678 1,972,394
346.-85
July
B.Tenn.Va.&Ga. August
301.705
362.564 2.434.909 2,509.638
18.601
17.002
Evansv. & T. H. IstwkSept
508.833
•196,878
Flint & P. Maro. IstwkSept
43,134 1,601,72
40,511
1,699,115
15.477
11.518
550.331
625,658
Flor.R’way & N. 3d wk Aug.
Ft.Worth & Den. August
35.300
31,268
315,800
226.191
Grand Trunk
362,404
397,245 11,341,688 12,678,371
WkSept. 6
255.23 6
5,637
Gr.BayW. ASt.P. 1st wk Sept
7,771
219,275
Gulf Col. &8auFe IstwkSept
36,435
45,<>24 1,102.142 1,245.788
Houa.E.&W.Tox August
23. *<97
30,330
173,054
199,941
6 Ill. Cent. (Ill.). 1st wk Sep
227.826 6,5 >6.709 6,'■‘90,90?
205,000
Do
36.300
40,232 1,078,977 1,291.908
(Iowa) lstwk Sep
Ind. Bloom.AW. Atliwkluly
54,8 9
66,» 63 1,419.307 1,6' 5,133
Ft.S.A Gulf August
133,851
174,843 1,525,427 1,198,157
Kan. C. Sp A M. August
lOi.15-8
73 4,778
589 667
22,929
5*5a 63 7
21,912
Kentucky Ceut’l IstwkSept
274 455
209,765
52,>2
31,518
July
L.Rk.M.Riv. A T. j J uly
24.190
200.350
23.875
176,354
72, Os 2 2,064,160 2.027,316
85,358
Long Island
|2d wk Sept
226,726
...
La. & Mo. River June
Louisv.ANaslrv. 2d wk 8ept
Mar.Hougb.A O. IstwkSept
Memph. A Chari. August
Mexican Cent.c. August
Mex.Nat., No Dd 3d wk Aug.
Southern Div.
Other lines e..
Milwaukee A No
Mil. L.Sh.&West.
Minn. A St.Loui'
Missouri Pac.f..
Wab. St.L.A P.
Mobile A Ohio
Nash. Ch.A St.L.
N.O. & Northeast
N.Y. & New Eim
N. Y. L. Erie A W. 7
N. Y. Pa. A 6.
3d wk Aug.3d wk An.
.
IstwkSept
2d wk Sept
July
June
,00o
314,559
257,015
299.900
9,268.9-4
25.237
119,778
240.000
32,557
102,178
157,701
28.921
872.015
1,8 42 2 >5
10,562
14,530
3,740
8,840
♦
331,231
502,080
200,375
343,461
759,123
8,4 45
22,62*>
20,935
153.183
110.071
2.577.070
2,653,271
2d wk Sept
5 >
49.300
406.000
998,701
301,442
9.338,68,6
Iron!July
Bichm’d ADauv. July
Ch. Col.A Aug. July
ColumbiaAGr. July.
KVa. Midland. .iJulv
West. No. Car. July
Roch. A Pittsb’g 2d wk Sept
Rome Wat.A Og. July
Bt.L.AltonAT.II. 1 stwk Sept
709,401
907.279
Do
(brchs.) IstwkSept
BtL. Ft. S. AW 2d wk Sept
St.L.A San Fran. 2d wk Sept
Bt. Paul A Dul’tli 2d wk Sept
Bt.P.Min.A Man. August.
Bouth Carolina July
.
So.Pac.Cal .N D. Juno
Do So. Div./.jJuno
Do Arizona./
Do N. Mex.i.
Texas A N. Oi l’s.
Louisiana W’n.
Tex. A St. Louis J
Union Pacific...
Utah Central.
8,611,554
250,923
40.879
272.282
2,070,025
2,037.088
40,785
30.880
35.023
146.777
398,778
329,735
401.868
152,882
29.076
31,518
13,320
10,030
104,027
878.2-17
964.616
537.413
153 9 44
37,209
801.385
858.532
564.121
629.613
4,823.950
5,154.921
59,255
127,230
75,044
124,1 94
387,349
236,335
636,594
708.309
614,279
1,790.2 47
561,656
48,000
04,628i
—
883.471
17 6,917
379,177
494,5-10
3 28,341
3,131,699
*
72.037
113.251
20,323
52,488
July
30,553!
IstwkSept
2,38^,343,2,491.035
July
93 9SO
93,586
August
35,134
32,302
Vicksh’rg A Mer. August
10.087
Vlcksb.Sli.APac. August
26,235
378.532
West Jersey
17S.147
July
103 516
Wisconsin Cent’l August
122,905
..
896.853
880.030
440,564
16,793
7,443
84,166
32.972
307,260
14 0,2 *>11
June
June
I uly
226.653
785,595
2,515.366
2,129,603
1,283,585
945,03?
3 42,64<
400,234
466,007
604,031
2-13.124
291,707
563,305
13,441.137 15,460,757
753.104
657,620
291.055
291,383
51.016
99,440
—
706,039
656,006
928,118
916.336
Includes Southern Kansas lines in both years,
b Includes Southern
c Including both divisions.
Division.
d Corpus Christi to Saltillo.
397 miles; up to May embraced only 236 miles, Laredo to Saltillo,
a
Only 164 miles now, but prior to May represented 297 miles.
/ Whole Southwestern system.
g Not including earnings of New York
Penu. & Ohio road.
h Not including Central New Jersey in either
year prior to June 1.
i Included in Central Pacific earnings above.
e
Embracing lines in Missouri, Arkansas and Texas.
13.815.000
16,377,900
1,173,000
5,318.500
760.200
1,740,100
Peoples’
...
Irving
Metropolitan
Citizens’
Nassau
Market
St. Nicholas
Shoe A Leather..
...
..
Bowery
N. Y. County
G
rinan-Americ’n.
Chase National...
Fifth Avenue
Oerman Kxoh’nge.
Germania
United States
Lincoln
Garfield
Fifth National..
787.400
2.467.500
292.500
621,000
226.500
45,000
2,600
1,612,100
902,000
169.400
941,990
410,4 00
132.200
2.362.500
1.220.900
3.614.300
10,142,000
14,299,800
525,000
10,600
898,500
900,000
404,000
4,437,390
6.246.800
114.900
2.446.600
899.900
483.900
4.285.500
3.362.300
1,827.000
3.155.200
345*900
155.100
421.500
8.646.300
2,716,000
526.500
363.500
1,136.000
2.727.100
2.435.500
1,305,000
259,200
2,175,090
450,000
1,585,000
2,636,000
446,iod
297,000
204,000
375,600
352,000
1.436,000
1,916.600
263,400
3.986.500
4.871.900
62,1*00
1.776.900
l,3*80*»id
20,538,400i
18,894,900
1,784,000
841,600
14,015,800
268,000
130,-00
1,181,900
1,129.000
1,001,000
329.000
267,000
3.877.700
1,2.*0.200
215.900
215.100
43*<.0')0
594.100
639.900
503,500
111.000
258,400
45,000
5.400
628.300
450.400
214,000
322.400
212.200
38 :,600
4,039,200
1,795,000
260.400
307.300
55,4 00
4,28 -‘,700
15,718,200
4,287.50.1
1.355.800
1,896,000
1,911.000
2,698,400
344,000
467.200
5.790,000
3.839.300
23,000
1,522,000
1.160.200
12,765,800
7,209,000
North Riverj
East River
;
Fourth National..!
Central National..
Second National..
Ninth National...
First National....
Third National...
N. Y. Nat, Kxch
9
450,000
2.796.600
236,800
450.300
192.400
306.2(H)
2,94 1,700
555.100
85,000
439,000
143,000
381.900
115.100
545,000
759.800
1,099,900
3 18,000
2,894,000
$
10.292.000
7,736.000
7,464,400
8,645,000
3.469.800
10.490,200
2,339,000
13,855,900
1.761.600
1.488.200
18,2‘5,400
565.700
1,519.000
1,419.700
341.700
2.276.100
2.723.900
1.720.800
2,501,000
Corn Exchange
4.621.600
Continental
4,031.200
Oriental
1.823.700
Importers’A Trad. 16.680,300
Paik
| 14,821,100
Total
The
45,000
2*24.500
300.000
7.721,000
197,000
636.500
794.500
530.700
297,000
45,000
2,128.000
3.656.300
16,165,700
4.906.400
1.162.100
182.300
237.300242.000
112.900
350.100
270,000
449,900
270. dod
1.794.300
2,270,000
225,000
180,000
2.02 1,000
3.367.700
2,39 •‘,900:
1.018,500
1,770,000
3.158.600 1.106.700
150,000
245.500
4.117.400
2.419.300
2,073,200
2,150.000
3.475.900
1.559.900
16G.700
1,977,5001
449,400
45,000
173,800
1,132,700
135,000
110.6 10
438.000
460.900
24.700
104,1.0
9:3.500
1,072,600
17',200
187.300
45,000
733,K00’
290,874,100 74,100,100130,091,100 303,599,300 14,185,300
....
following
1834.
316.175
8,487,603
30,553
19,437
142,170
81,000
330,600
230.400
185.900
Chatham
755,944
1.433,684 1.439,747
131,306
35,719
22,395
446.700
108,000
1,204,300
3.323.800
Republic
North America
Hanover
500,000
6.010,800
5,50 -t,4 00
2.290.700
4.697.100
3.287.100
1,553,000
2/903,000
7.196.600
2,625,000
3,966.000
.900
122.400
826,600
455.400
459.900
87, <500
102.0)0
935.000
Pacific
16
762,000
6.63»,900
3 72,200
923.900
2.984.500
Mercantile
263.500
678,000
275.700
3,052.700
Broadway
903.000
167.700
603.400
8,678.000
4.794.600
1.638.500
State of N. Y
Americ’n Exch’ge.
Commerce
509,000
1,309,300
437.000
2,683,000
6.820,800
3,088,200
1,343,400
15,035.400
City
are
Loans.
totals for several weeks past:
\L. Tenders.]
Specie.
Deposits.
Circulation' Agg. ClMr*g$
$
$
i
!
$
$
if>
A’g 30!287,393,200'75.916,50o! 31.221,900 304,152,100 14.355,400 455,716.201
Sept.6!239,317,300i75,706,000*29,903,800 304,563,600 14.275,100 403.912,028
“
864.010
9.820.200
Tradesmen’s
Fulton
Chemical
Merchants’ Exeh.
Gallatin National..
Batchers’A Drov..
Mechanics’ A Tr...
Greenwich
Leather Mannf’rs.
Seventh Ward....
1,254,780
...
C. A
Union
America
1,985,000
595,482
142.354
August
1,213,832 1,254,194
2 i S,19t*
216,653 1,550,8 1C 1,514,116
August...
58.026
10,360
241,172
26,575
August...
276,217
1.867.716 1,9 35,470
320,151
July
July
1,458,186 1,694,687 9,129.246 11,071.827
480,077
612,895 3,127,798 3,641,692
July
97.017
55 4,6-4
89,1-9
N.Y'.Susq.AWest July
548,945
Norfolk A West lstwk Sep
61.144
71,8*2’
ShenandoahV lstwk Sop
22.535
20,396!
No rthern Centr’l July
477,516! 474,524 3.097,771 3,419,138
Northern Pacific 2d wk Sept
279.961
225,250 8.581,772: 5,864,157
it h wk Aug
Ohio Central
3S.153
727,485!
68'»,97 9
30.333!
Ohio A Miss
2d w k Aug.
102,540, 123,733 2,436,065 2,Gl7,o51
278.72.-)! 358,217 1.661.085 1.824,004
Oregon Imp. Co. Juno
439,001
1,780.721 1.907,970
435,144
Oregon R. AN. Co At ay
Pennsylvania... July
3,989,0 55! 4,13> »,950 27.322,33 4 28.483.529
Peoria Dec.AEv.j lstwk Sept
18.087
18.114
4'2,265
517,261
Phlla. A Erie
324.721
329,032 1,941,533 2,272,271
July
Phila.A Read’g/t July
2,767,792 2.979.09 4 12,877.968 13.944,954
Do
Merchants’
Mechanics’
than U. S.
$
1,870.000
1,607,000
1,146,900
2,645,000
713.300
4.238.300
Circula¬
tion.
other
Tenders.
$
9,182.000
7,823,000
7,2.5 0,700
8,091,000
4.387.500
Net Deposits
Legal
Specie.
$
New York
Manhattan Co
411,000
156,581
..
Loans and
Discounts.
Phenix
$
679.814
Ala.Gt.8mitliern August..
86,667
92,043
645,047
a Atcli. T.& S.Fe July
1,301,639 1,325,710 8,918,454 8,694.704
Bost. H. T. & W I st wk Sept
292,834
222.29 L
11,375
8,218
Bur.Cecl.R.&No. IstwkSept
53.954
62,392 1,750.257 1,771,760
Canadian Pacific 2d wk Sept
137,000
119.000 3,644,832 3,582.226
Central Iowa
2d wk Sept
955.121
32,998
39,340
861.24*2
Central Paettic.. August
2,138,000 2,267,543 14,410,164 15.848,884
85.467 2,455,357 2,599,280
71,728
Chesap. & Ohio IstwkSept
Eliz.Lcx.&R.S. IstwkSept
17.426
1^,228
473 319
499,428
Ches. O. & 8.W.. l stwk Sept
29.766
27,943
870,7*6
814,007
Chicago & Alton 2d wk Sept
City Banks.—The following statement shows the
the
condition of the Associated Banks of New York City for
week ending at the commencement of business Sept. 13:
The columns under the
Latest
3H
13J290,874,10U174,100.100130,094.1001303,599,300 14.185,300 122,013,919
Boston Banks.—Following are the totals of the Boston banks:
Loans.
1884.
$
$
Sept.l 137,928,300
8 138,715,40t>
15 139.473,900
$
7.1 50,900
4,595,90-
7.0 >5.300
4.680.10
86,123,000 23,217,700
37.644.000 23.481.400
“
Loans.
1
s
*
35
*
$
$
$
-The totals of the
47.877.953
55,608,044
54.3*3.337
Philadelphia banks
follows:
1884.
*
Circulation Agg. Clear'gs
85,550,300 23,001,100
Philadelphia Banks.are as
Sept.
Deposits.*
4,247,500
6,974,409
“
“
L, Tenders
Specie.
.Lawful Money.
Deposits.*
Circulation. Agg.
$
$
$
$
72,177,459
72,904,320
72,923,373 !
21,333,213
63,979,607
67,654,176
8,090.332
8,111,615
67.915,898
8,053,459
21,363,812
21,348,321
CUcvr’g*
$
36,355,468
43,822.112
33,208.708
Including the item “duo to other banks,”
Unlisted Securities.—Following are latest
week
quotations for
a
past:
Securities.
Bui.
Am. R’ wav I tnp.ex-bds st k 1
Atlantic A Pac.—Stock
West. Div , 1st mort
Iuconu s
Security
Ask.
5
......
.....
.
......
....
.....
......
Am. Bank Note Co
Am.Safe Dep. per. deb.bds
Bank. A M Vc’h.—1st M...
Gen. mort
Bo.st. H. A E.—New stock
Old stock
Bost. 11. T.A West.—St’ek
Debentures
Buff. N. Y. A Phila
B’klyn Elev.—Ass’t pd
Cent, of N. J.—Debent
Continental Const.Imp.Co
Denv. A Rio Grande—Cons
5s
Denv. A Rio Gr. W
Den. R. G. A W., 1-t M.,
Guar, by D. A R. G
Edison Electric Liylrt
Subs
......
......
.....
80
......
101/,
10%
h
.....
8
55
S hi
....
------
7%
......
65
12
......
......
......
39
26
......
......
4
30
50
.
2d mort
r. rf. A W. Income bon -.3.
......
8
Keely Motor
.....
1 st inert.
_
90
ilO’i
*
*
O
—
*■?
u
......
...
76k*
5k,
17
2%
3%
20
3Hl
......
65
18
.......
78%
”**4
»*«•
31
Y6‘*
•
A...
85
1884.
30
J
50*^
......
-
-
_
1%
35
15** *2*7%
3
15
3
Gen. 1st,ld.gr. A inc.as p.
Vicksburg A Meridian..
Prof
1st inort
2d inert.
*
*65
6s, 1st mort., m Texas..
10 >*
16
0
54
5
75a4
I
Settlement, 6s
Sel. It. A D.—1st, stpd ’80
Texas A Pac.—Scrip
5
Mahoning Coal A RR
40
24
Tex. St.L.,M. AA.div.,as.p
M. A A. Div., 1st mort..
M. A A.Div.,Incomes,as p
....
_
......
3*4
1st mol t
Postal Telegraph—Stock.
1st mort., 6s
Postal Tel.A Cable—Stock
j .settlement, 5s
......
t.jtflfl Ttnr.k VX Ft. Smith
Mexican National
Pref
11
36
46
People’s Telephone
.....
86
29
Ask•
**20** *60*“
Pittsburg A Western
Southern Tel.—Stock
i st mort
i
State of Tenn.—Sei’m't.3s
13
Georgia Pac.—stock
1st mort., 6s
Mich. A O., sub full paid.
1st mort
Mut.Un — .st’ek trust ctfs
M.K.AT.—Income scrip
X. Y. M. Uu. Tel.—Stock.
X. Y. W. Sh.A B.—Stock.
Xorth. Pac.—Div. bonds..
Xorih Riv. Cons.—100 n.e
Ohio Cent.—Riv. Div., 1st
Incomes
Pensacola A Atl
1st mort
..
‘
Blocks, 35 p. c.
Bid.
.
234
A
!
9^
5»
1
or,
*
THE CHRONICLE.
322
$603,540; and when the full amount of the sinking
fund charges become payable, the total annual liability of:
the Northern Pacific Railroad Company will be $704,130.
The amount of interest on the bonds of the several branch road
companies, and of sinking fund charges, accruing in the year
ending June 30, 1885, to meet which payments are to be made
finest meats
AND
RAILROAD
[Vol. XXXIX.
INTELLIGENCE,
bv the Northern Pacific Railroad Company, is the sum of
exhibit of the $312,262. It is the opinion of the board that the net earnings
Funded Debt of States and Cities and of the Stocks and Bonds of these branch roads and the profits this company will derive
of Railroads and other Companies. It is published on the from their business, will at all times be much more than
last Saturday of every other month—viz., February, April, enough to meet the above-named liabilities, and that in fact
June, August, October and December, and is furnished with¬ the branch roads themselves will soon be self-sustaining, and
the earnings sufficient to meet all their operating and other
out extra charge to all regular subs bribers of the Chronicle.
Extra copies are sold to subscribers of the Chornicle at 50 expenses and fixed charges.”
There has been expended by the Northern Pacific Terminal
cents each. and to others than subscribers at $1 per copy.
Company of Oregon, for lands on both sides of the Willamette
River at Portland, and improvements thereon, $2,226,237, and
ANNUAL REPORTS.
the bonds of this company so far issued axe $3,000,000 on
which the Northern Pacific Is responsible for 40 per cent of the
Northern Pacific Railroad Company.
annual interest.
Tlie sections of road from Portland to a point on Columbia
(For the year ending Jane 30, 1884.)
The annual report of President Harris is a document of River opposite Kalama, 36 3-10 miles, and from Columbia
River up Yakima Valley, 25 miles, and from Superior City to
great interest. The road was opened for through business
on September 9, 1883.
For the liscal year ending June 30, the east end of track, 26 5-10 miles, have not been operated.
Construction is progressing on the Wisconsin Division
1884, the net surplus over all fixed charges and expenses for
the year was $1,055,656, as shown in the incorno account between the east end of the track and Ashland, 36 miles, and
below. The report says that this amount, together with the on the Cascade Division from the west end of the track in tho
Yakima Valley to Yakima City, 57 miles.
On the CascadeBurplus for the year ending June 30, 1883, viz., $1,149,581, in Division the
“Stampede” Pass has been selected for crossing
all $2,205,239, has been used to pay for equipment as author¬
the mountains, and the work on that division is in progress.
ized in the plan of reorganization, dated June 30th, 1875.
LAND DEPARTMENT.
The amount of general first mortgage bonds issued during
the year, viz., $25,000 per mile on oil 3-10 miles ol' construct¬ The number of acres sold in tlie year was 478,116. and for.. $?,131,0U
Town lota sold
f
9.',851
ed road, accepted by the President of the United States, was
Of the $20,000,000 general second mortgage
Total
$2,281,891
$7,782,000.
bonds, the issue of which was authorized on November 20th,
The receipts of the Land Department in the year were i
1883, by a vote of the jireferred stockholders, $15,000,000 were
Cash
a.
$715,224
Bold to the syndicate on the terms set forth in the circular of Fie:erred stock
1
1,725,570
October 17th, 1883. to the preferred stockholders, viz., 87^4
*482|l93
cash, less 5 per cent commission in bonds. The option of the Expenses of the Department
syndicate to take $3,000,000 more of these bonds on the same
Not
:
$1,958,601
terms has been extended; the syndicate, pending the exercise Tin; approximate number of acres of land to winch the Com¬
of the option, agreeing to mgke advances upon the same to
pany lots become entitled by reason of eons rue ted road is 41,690,909
'
The Investors’ Supplement contains a complete
*
meet
The number of
construction expenditures,
acres
sold from the beginning to June 30,
5,11 a,383
18*4, is
CAPITAL STOCK AND FUNDED DEBT JUNE
30, 1*81.
$49 00
O
3 v07,0 >8
40,278,00 >
1 »,»57,0 0
Capital stock, common
Capital stock, preferred
Funded debt—General first mortgage bonds
General second mortage bonds
Missouri Division bonds
Pend d’Oreille Division bonds
2,200,40
3.240,' 00
4,040.8^1
Dividend certificates
Total stock and bonds outstanding
-.
.$06,276,221
the outstanding bonds and
dividend certificates, the rents to be paid to the St. Paul &
Northern Pacific Railway Company, and to the St. Paul Min¬
In addition to the interest on
neapolis & Manitoba Railway Company, and the Northern
Pacific Terminal Company of Oregon, will constitute a fixed
charge. These rents will amount in the year ending June 30,
1885, to about $655,000.
CONSTRUCTION.
The two ends of the main track met August 22, 1883, as
-stated in last report, at a point 1,188 miles from Duluth, and
847 miles from Puget Sound, by way of Portland, and 716
miles by way of Cascade Division. In addition to which the
following sections of track have been completed : From Port¬
land to a point on the south side of Columbia River, opposite
Kalama, 36 miles ; 25 miles of the Cascade Division, from the
Columbia River up the Yakima ; 25 miles of the Wisconsin
Division, to a point on the east side of the Brule River; ail of
which have been accepted by the President of the United
States.
Leaving about
3o,509,000
patented and patentable j et undisposed of, which may be
classified
as:
12,000,009
13,ObO.b00
Agricultural and timber, acres
Giazing, acres
Mountain, acres
11,500,600
Of the above agricultural and timber lands 4,079,955 acres
are east of the Missouri River, the proceeds being applicable to
the retirement of preferred stock.
Further detailed information in regard to the lands, is given
in the report of the Land Commissioner as follows.
Comparison of the sales of land in the several divisions for
ending June 30, 1883 and 1884:
the fiscal years
r-Yr. end'g
Ditisvns.
Acres.
Minnesota & Dakota 417,333
Yellowstone
Montana & Pacific..
Pend d’Oreille
r—Yr.cnd'g June 30, r34—.
Acres.
Amount.
221,912
46,483
$1,095,890
148,058
6,567
GO 835
$1,700,517
32 1,4.0
24.625
278.682
107,355
467.337
It.6.360
753,Ml
102,366
472,756
761,236
$3.(61,3CO
478,116
$2,184,041
110,033
Missouri
Total
June 30,’«3-%
Amount.
The town lots sold in 1833-84 were 1,399 for
the total for lands sold $2,281,892.
Tlie total amount of “deferred payments”
$97,851, making
from laud sales
outstanding June 30,1884, was:
Minnesota & Dakota Division
Missouri i l-ision
Petal d Oreille Division
Montana
(applicable to preferred stock) $1,276,077
316.977
857,400
UcO.OlO
& Pacific Di-. l i-jn
$3,056,415-
BRANCH ROADS.
The
following is
a summary
of the branches, as completed
to June 30:
Little Falls & Dakota Railroad
Northern Pacific. Fergus <fc Bla< k Hills
Fargo & South western Kail road
Sanborn C operstown &Turtlo Mt.
Jamestown
N* rtUern Railroad
Railroad
87 8*
117*10
s740
Railroad
.
3»**5o
64* i 0
12*90
Sykestown Branch
Rocky Moumain Railroad, of Montana
Htleua & Jefferson County Railroad
51*70
20 10
477 05
Total
‘‘These branch roads * * constitute the system of branches
constructed under contracts by virtue of which the roads are
Tlie total acreage of land
in 1883. but exceeded that
sold last
year was
les=J than sold
of 1882, being in 1882 451,811; in
1883, 761,236; in 1884, 478,116. The average price per acre was
greater than has been heretofore realized, being in 1882 §3 28;
in 1883, $1 02; in 1884, $4 57 per acre.
examined, classified
The advanced prices
during the past two
The total number of pur¬
years is the result of this system.
chasers during the year was 1,670; average acres sold to each
purchaser was 286.
Following is a comparison of the earnings, operations and
the general balance l or four years, and the income account for
one year, prepared for the Chronicle:
The lands of the company are carefully
and graded in price before sale is made.
obtained by the company for lands sold
operated in the interest of the Northern Pacific Railroad Com¬
pany, and in which this company agrees that, after the expi¬
HOAI) AND EQUIPMENT.
ration of two years from the completion of each section of the
1S80-S1.
1831-82.
1882-S3.
1S83-94.
branch roads, the net earnings thereof shall amount in each
Miles oper’d June 30.
754
1,293
1,701
2,547
year to enough to pay the interest on the bonds issued for con¬ Locomolivcs
104
289
39L
H8
struction, and the sinking fund charges as they shall become Puss, moil & exp. ears
103
61.
174
i83
payable, until the bonds are paid. Tlie capital stock of each Freight cars
4.488
6,8'>8 2,525
8,442
nil other ears.
503
619
632
1,703
branch company is deposited in trust until the bonds of that O' al
81eamfers & transfers.
6
company shall be paid, when its entire stock becomes the abso;
OPERATIONS AND FISCAL RESULTS.
lute property of this company, free from any charge whatever;
J 881-82.
18«f-8L
Operations—
1883-84.
and meantime this company lias the sole power of voting and
* 52.9*4
716,040
Passengers curried..
A 97.6-0
551,150
receiving dividends thereon. When the Jamestown & North¬ Passenger mileage... *15.246 569 *34,3. 9,"18 54,4* 9. 82 115,859.300
ern Railroad shall be completd to Minnewaukan, the total
Rate $ pass. $ mile.
*3 91 cts.
*3*33 cts.
3*76 cts.
3*i4ct6.
*390,896
*655,(-75
l.o9<,3 6
1,44 ',-00
length of this system of roads will be 503 miles, and the annual Freight dons) moved
(tens) m le’gc *94.693.975*181.851,537 243,559.6 6 400. i: 9."61
interest on the bonds for which the Northern Pacific Railroad Freight
Ave. rate $ ton $ m.
*216 cts.
*2*01 cts.
2*22 cts.
1*96 cts,.
Company shall be liable, two years after the com¬
..«
„
pletion of the last section of
the
branches, will be
*
On Eastern divisions
only.
Earnings —
Passenger
Freight
...
Mail cxpme, Ac....
Total
1881-32.
1882-83.
$
66Q/21
2,207,2(9
118.599
$
1/02.261
3 909.423
218,621
$
2,099.746
5,4 9.0^1
346.632
$
4.237,259
7.80 ,x67
500.949
2.934,519
5,430,305
7.835,459
12,603,575
499.3?2
952 920
1,393,711
1.659.855
as
430.072
4 0,0 s*
79>.»3>
907.695
1 24'‘..'2 7
1,579 530
1,757,256
2,394,219
Accounts current due
Mail-fee of way. <fco.
Maim«-n»iK-e < f cars.
Trausp- itatii n exps.
Motive power
Geuenil ..v
Rental* aiultaxrs.
315.111
2,025,389
3,572,839
5.336,939
7,590,155
969.139
67 61
1,857.466
2,518 529
5,013,420
0 *80
67*93
00 22
Net earnings.
P.c.of op. ex lo tarn’s
ENDING JUNE 30, 1884.
INCOME ACCOUNT YEAR
Net earnings (not deducting rentals)
Adjustment i f sundry accounts
Dividends
on
521,678
6c7,630
2.9 ?*o6
..
CKNERAL BALANCE AT CLOSE OF EACH
.
Etoclf. preferred ..-..
Bonds (sec SupflVmt)
49 009 ono
49/00.000
42,312.5*9
21, 86.*00
4
1,909.13*2
41.749,4 64
21,616,500
39,52. ,2 0
4.640 821
Dividend snip
Puym’ntsou c ••n'r’ots
..
...
Loans for construe’n.
Interest accrued
Net from laud sales..
All other accounts...
Profit and loss
3,050.410
2,4*2.8* 3
2.122.492
1,992/67
316,26-*
21,713
49.000/00
39.*07.' 68
61,635,400
4,640,821
0 »,6>'l
5.452. 82
2
562,149
10.212,990
8-3,S«9
2.145,473
661.677
10.432 643
7.1 0.962
3.258.4*1
1.09-.900
11 183.085
7,66 2,502
1,149.5*3
1.703.188
12,*01,175
H.294,743
+2.205,239
Applicable to retirement of preferred stock and bonds,
\ Invested in
Acoounts payable, *-•.623.157; loans and bi Is
unoollected on laud aud timber sales, $3,056,416.
equipment.
Nashville Chattanooga & St.
Louis.
(For the year ending June 30, 1884.)
The net income of the year was $329,315, after paying all
charges and also expending $106,077 out of earnings for better¬
ments on the property. The dividends, amounting to 4 per cent
on the stock, called for $266,802, leaving a fair surplus, and the
stockholders expected the usual dividend of 2 per cent in Oc¬
tober next.
But no dividend has been declared and no explan¬
ation 1ms been given, though it is inferred that the income
applicable to this dividend has been used in building the
branches. The Louisville & Nashville controls the road by
ownership of a majority of the stock.
“The $6,000 second mortgage bondsof the Duck River Valley
Railroad were issued and sold to the Louisville & Nashville
Railroad Company at par, in full payment for indebtedness of
the Duck River Railroad Company to the Louisville & Nash¬
ville Railroad. The $141,000 first mortgage Centrevillo Branch
bonds were sold at an average of 96 cents on the dollar, and
the proceeds applied toward reimbursing this company for the
amount expended m the construction of that branch.’’ * * *
The propoition. of operating expenses to earnings for the
year 1883 4 was 54*9 per cent, as against 55*8 per cent for the
year 1882-3.
“Work has been progressing upon the Sparta extension during
the year. Tile-superstructure of Caney Fork Bridge, 798 feet
long, has been completed, the track laid to Doyle, seven miles
beyond Rock Island, and trains have been running to that point
since May 1st.
Stations have been established and side tracks
built at Walling, Holder and Do\ le, and a depot, water-station,
turn-table and, two section houses at Doyle. The road has
been graded to Sparta, and a bridge provided for Town Creek.
The work has been suspended for the reason that the county
of White has failed to comply with the contract heretofore
entered into. The bonds of the county are in the custody of
the company; no
provision, however, has been made to meet
accrued and maturing interest, but negotiations are pending
which it is believed will result in a proper understanding with
the county authorities. The cost of this extension to date lias
been $335,522. A bond of $6,003 per mile has been issued
it, amounting to $120,000, and the balance expended,
$215,522. is represented in the floating debt of your company.
“The Centreville Branch has been extended thirteen miles to
the Lewis County line, as per contract with the AStna Manu¬
facturing, Mining and Oil Company, referred to in last report,
at a cost to your company of $148,096.
This thirteen miles
was conveyed to the Nashville Chattanooga & St. Louis Rail¬
way by the Nashville & Tuscaloosa Railroad Company, and a
upon
1833-34.
2.2-3,523 2/72/86
1,274,855 1,3( 3.446
2,256,186 2 074.583
1,378,177 1,240,99L
Net Receipts—
Net eurnmna
Bonds sold A lulseellan’d..
Total income
Disbursements—
Interest on debt & taxes.
Dividends
Extensions
New equipment, Ac.... ..
Improvement of track...
Real estate
Other improvements
878,009
£33.592
1,038,663
1,063,640
61*08
59*31
55 80
54 91
1880-81.
1881-82.
1882-33.
1883-34
878,009
833,592
1,008?6GS
1,06*,6 40
1,035,915
*
1,097,712
$
650,972
662,320
266.802
101,165
106,07T
1,000,175
1,878,184
$
541,511
195,798
186,041
25,621
20,144
Total disbursements.
975,118
Balance, surp. or delicit.sur 903,066
..
*
•
t Made up as follows:
payable, $2/15, .'69;
.
Mail, express,
1882-83.
554
554
$
$
663,618
562.945
621,171
l,0Ls.92t 1,363.355 1,513.875 1,559.765
rents. Ac..
130,663
148.703
74,517,
14-,477
$
1,157 608
127.003.8jO 136 9^9,398 164,059,238 180,0S7,G34
Total
*
$
49 0 0/00
$32,730
INCOME ACCOUNT.
127,003,SOO 136 939.398 164,059,238 180,087,634
Total
Liabilities —
Block, common
$789,964
539
$
58 .560
521
Net earnings
P. o.operafgex. toe’ru’gs
$
486,336
3,685
$8-22,695
18S1-S2.
1880-81.
Miles operated
$4,449,035
149.093 520 168.907 607
4 5^6.341
3.375.398
21.942
FISCAL RESULTS.
Total gross earnings
Total operating expenses.
1883-84.
2,573/59
591,499
75,489
following statistics have been prepared for the CHRON¬
318.284
179,381
18S2-S3.
“
Miscellaneous
The
’
.
FISCAL TEAR.
3,4_’4,53t
597.132
66.253
15,081
3.869
..
..
$97,348
$140,326
..
Totals
Freight
$1,055,638
Balance, surplus
..
Decrease in 18*4
$3,535,038
general interest account
Opening celebration
....
by this road...
Pills payable
Pay-ro I is and bills unpaid
Unpaid dividends
Unpaid interest and taxes
Earnings—
Passenger
Balance
Total
1884.
1883.
$5,504,693
412,401
3.931
Assets—
RR. equip., Ids.. Ac 103.324,230 127.411,622
8tks<Sr bdn ov n’d.eost
3,8iO,857
2,23a,235
Deftrr d payments*,
—...
975,441
Accounts receivable.
740,922
Maf iials, fuel, Ao
29 82 947
4 2. 9,<*60
Oaeli on l and...
11 567,* 44
2,2 *!\< 01
Cash with tru-tec
206,331
42.558
:
ICLE:
38,973
Total
DisLurstm enh —
Interest on funded debt
RenlaD
Contributions to sinking fund
188 >-82.
$
follows
$5,425,822
39.89 *
;
investments
1880-81.
$
expended in making this extension. This company now' owns
in fee simple the forty-seven miles of track from Dickson to
the Lewis County line.
The items of the floating debt on June 30, in each year, were
589.517
299.910
3*3,-G‘3
26*.5<>8
25,8: 2
Total
4 <6,3-9
273,975
325.229
1883-84.
bond of $8,000 per mile issued thereon, the proceeds of which
when sold will go to reimburse your company for the amount
1880-81.
Operating expenses—
323
THE CHRONICLE
1884.]
September 20,
77,247
3 *,006
872,598
$
583,577
300,161
29,072
212,432
359,551 ]
352.3M!
1
[
40,098 I
218,031 J1
755,437 1.035,199
2,096,169
*1,223,571 sur 330,478 6ur.02,513
Delicit.
GENERAL BALANCE AT END OF EACH FISCAL YEAR.
18*0-31.
*1.SSCt\£ ~~
Road and equipment
Assets not available
Inv’tm’ts in st’ks A bonds
Bills receivable
Real estate
Due lroui agents, Ac
Cash
1881-82.
1882-93.
1833-34.
^
11,932.355 15,711,4^9 16,191,823 16,316,655
439,353
562.727
192,024
352,876
366,450
386,040
472,590
462,940
8,722
26,4*3
7,187
8,387
81,216
8o,3s4
93.875
84/64
$
80,428
518,596
^
121,946
416,536
196,988
325,006
18*,919
300,217
16,210,211 17,166,797 17,635,534 17,920,544
$
$
$
$
Total
Liabilities-
Capital stock
6,670,331
6,670,331
6,670,331 6,670,331
8,757,000 8,903,000
Bonded debt (see Slep t).
Bills payable. .
Bal’ce due indivH’ls. Ac.
Int’st coupxis due July 1
Dividends.
8,147,000
8,649,000
247,081
659,6-8
597,132
591,499
271,305
279,610
283,710
287.970
Pav-rolls, Ac
Jut’st on b’dfj held by U. S.
8u,757
153,600
75,665
153,600
Miscellum ous
Profit and loss
512,675
513,39>
..
Total
83,481
13,981
102,494
63,014
140,327
97,348
21,912
75,490
153,600
3,899
3,686
918,167 1,115,678
15,082
06,256
153,600
16,210,211 17,166,797 17,635,531 17.920,514
Manitoba.
(For the year ending Jane 30, 1884.)
The report of Mr. James J. Ilill, President of this company,
gives, as usual, a clear and comprehensive view* of the trans¬
actions of the fiscal year.
A map of the company’s lines will
be found in the Investors’ Supplement. “The new lines built
during tlie year amount t o 44*32 miles, as follows: 34*09 miles
from Moorhead north to Halstad and 10 23 miles from
Browerville to Eagle Bend. The replacement of iron with
steel rails has been continued, and tiio main lines from St.
Paul to the International boundary, on both sides of the Red
River, are now fully laid .with steel.” *** “The rapid settle¬
ment of that portion of Dakota between Portland and May ville
and the International Boundary has made a railway necessary to
carry to market the grain and other agricultural products of
that section.
"Work was begun on the extension from Port¬
land and Mayville, via Laramore, thi3 spring, and the line
will be completed in^time to move the present crop.” *
* *
“The decrease in gross earnings will be no surprise to those
who read the report of last year.
The transportation of ma¬
terial for the construction of the Canadian Pacific^ Railway
was practically finished about the time the present fiscal year
began.” * * *
“Since November 2-"), 1883, our through trains over the St.
Cloud &■ Fergus Falls Division have been run between Minne¬
apolis and St. Cloud on the new line on the west side of the
Mississippi River, making a saving of time and expense in
switching the trains at Minneapolis. Through passenger trains
to Winnipeg on the west side of the Red River, via Neche,
were put on Nov. 2~>, 1883.
Regular trains have been run to
Devil’s Lake since July 4, 1883. The settlement and improve¬
ment of Government lands tributary to this branch have been
very satisfactory, and the lands continue to be taken as rapidly
as Government surveys are completed.”
* * *
Land-grant bonds to the amount of $400,000 have been
redeemed at 105 per cent, under the terms of the mortgage,
St. Paul Minneapolis &
THE CHRONICLE.
324
[VOL. XXXIX.
purchase the Chicago & Evanston road, and to improve the
facilities at Chicago and Milwaukee, on which
the mortgage will have a lien.
The Chicago & Evanston
road was projected something over twenty years ago.
It
was to run through the north town of Chicago to Evans¬
ton, a suburb of Chicago, about twelve miles from the
intention in the future to set apart therein each year such sum city. The Chicago & Evanston's franchises were neglected
until a few years ago, when it became evident that it offered
as the earnings of the road will justify, until this is ample for
ingress to Chicago from the West and Northwest, similar to
any contingency.”
„
that afforded by Chicago.and Western Indiana on the east. A
The Land Department report shows that during the year
ending June 30,1884, 83,907 acres of land were sold for $460,982, syndicate of the St. Paul people purchased the franchise a
to
year/’ * * * “In view of
macle from time to time
purchases of new equip¬
ment and other permanent improvements, it has been deemed
wise by the directors to set aside a fund to specially provide for
these extraordinary expenses when they occur, and it is their
from proceeds of land sales during the
the large expenditures that require to be
for replacement of iron with steel,
terminal
#
price of $5 50 per acre. There were also sold 242 year ago, and now the St. Paul company is to buy it from this
town lots for $16,988.
Cash receipts for year ending June 30, syndicate of directors.
1884, were $581,299, less expenses of land department, $163,029,
Chicago k Northwestern.—This company applies to the
leaving net receipts $418,270. Amount of deferred payments Stock Exchange to list $4,000,000 5 per cent 25 year debenture
due the company, bearing interest at 7 per cent, $1,059,141. bonds.
This issue is part of the $6,000,000 authorized June 5,
There remained yet unsold on June 30, 1884, about 2,335,111 1884, and of which $1,966,500 was appropriated and sold at
acres.
par to the Fremont Elkhorn & Missouri Valley Railroad Co.
Following are the statistics of earnings, expenses, income in payment for its capital stock. The remainder is issued
and general balance for four years ending June 30, compiled for expenditures on road.
an
average
for the Chronicle:
ROAD AND
i*
■
Total miles
]\.
.
5'
.
31
i
;
i
i;.
4
operated
EQUIPMENT, AND FISCAL RESULTS.
1882-83.
1881-82.
1880-81.
1,350
865
1,058
1883-84.
Locoijk tive*
Pass., mail
express ears
Freight- ears
All other cars
*
80
81
137
119
201
3 57
2,522
3,707
4, i o3
4,753
86
82
158
158
1,587,180 2,033,441
4,773,006 6,087,035
1,002,430
6,114.400
2,601,773
Freight
139,150
Mail, express, rentals, &e.
'
Total gross
earnings
260,508
427,143
4", 0 078
3,700,852
6,620,694
0,148,524
1,230,341
1,488,337
1,140,021
307,335
733,218
104,002
200,570
515.311
1,217,056
499,900
18<\407
165,305
*
;;i
:•:
Transportation expenses.
420.082
703J 80
195,0* 2
410,225
045,083
252,<.'63
il)1
Geneial
2o 1,562
100,907
,
Taxes
233.724
1A0,583
128,747
Total
1,803,035
Net earnings
1,337,817
3.515,773
3,113.010
5031
53*03
Per ct. of op. exp. to earn.
INCOME ACCOUNT.
Revenue from Land
Dop’t
’
Total income
Disbursements—
Interest on debt
1882-83.
Operating expenses
Net earnings
Interest and taxei.......
Surpus
81 3.045
418,270
31,250
92,100
214,434
2,000,240
$
1,100,951
4,008.852
$
1,188.001
5,450,510
$
4,960.132
1,204.270
1,040,000
1.0 0,000
*
075,000
1,724,004
223,832
702.804
813,045
1,333,783
3,023,767
3,802,888
4,340,505
985,085
1,656,631
610,677
H
8
Kate of dividend
8
41 3,270
381,545
157,812
Miscellaneous
1884, have
August.
<-July 1 to Aug. 31
\
1834.
1893.
1883.
$412,126
$218,190
$210,658
$405,604
115,591
105,314
224,193
204,076
$102,509
$111,344
$181,471
$209,050
$67,148
$97,470
57,061
55,497
$45,536
$55,817
114,323
110,571
Associated Press
dispatches from London, Sept. 13, said: “The statement of the
committee appointed by the English holders of Erie Railway
bonds to investigate the present financial condition of the
road has just been made public.
It shows that the balance of
immediate liabilities is about $4,477,316.
‘The calculation of
the amount of deficit,’ the committee says, ‘is based upon the
state of affairs in July, and will, of course, vary from month
to month according to the receipts from traffic.
The causes
which have led to this floating debt seem wise and politic in
themselves; but the piling up of a large floating debt for even
the best purposes is always more or less imprudent and dan¬
gerous.
The company's credit might have borne the strain of
the recent panic, but it was broken by the Grant & Ward
disaster, and the funding of the floating debt is now indis¬
pensable.’ The statement recommends that the company
should ‘without delay raise a permanent loan of $5,000,000
on available securities.
The successful placing of such a loan
has throughout been the distinct condition of Mr. King's ac¬
ceptance of the presidency.
The lines and property,’ the re¬
port says further, ‘ belonging to or controlled by the Erie,
now form an extensive and powerful system.
The point of
real importance, however, is one of rates.
It is notorious that
the various companies which share in and which should be
friendly to the pool arrangment in regard to traffic rates are
constantly accusing one another of breach of faith. It is also
true that such charges are very largely based on fact.
Good
faith is preserved among railway rivals in England and should
be possible in America.’
The Telegraph in its financial article this morning says:
‘Some explanation is wanting regarding the Erie's liability
of $5,750,000 for future instalments to car trusts extending to
May, 1892,’
“The report of Messrs. Powell and Westlake on the re-con¬
struction of the Erie Railway meets with universal and un¬
stinted condemnation on the part of the London press.'’
1883-84.
8^0,677
43.263
k St. Louis.—The gross and net
New York Lake Erie k Western.—The
47*59
4,000
$21,723
1,284
$4*2,898
19,053
150,303
follows:
Gross earnings
4,505,056 3.929,30 J
4,553.403 4,327,478
223,332
Dividends
Sinking fund
as
,
$
$
$
$
1,837,817 3,11:1,010 4,553,403 4,327,478
Other receipts
Nashville Chattanooga
been
1.223,048
50 22
Opcr. expenses. Xctearn'ys.
earnings for August and since July 1, in 1883 and
-
1881-82.
1880-81.
Receipt 8—
Net earnings
s
1884.
8,250,808
Operating expenses—
Maintenance or' way, Ac..
Motive power
Maintenance of cars
p:!
J;
,1
earn’gs.
$34,627
Louisiana Western..
20,322
Galveston liar. & San Antonio.. 198,563
Texas & Now Orleans
8
$
$
Gross
1,307
201
101
$
810,020
Earnings—
Huntington Southwestern Railroads.—The earnings and
in the month of July, 1884, were as follows:
expenses
.
Total disbursements..
732,10G
Balance, surplus
GENERAL BALANCE AT CLOSE
1880-31.
Assets—
Rib bldgs, equip’t.,
Bills and accounts
Material*, fuel, Ac
flash on hand
Investments
Miscellaneous
OF EACH FISCAL YEAR.
1381-32. ' 1882-S3.
1883-84.
$
$
$
$
Ac.*..34,325.534 37,094,336 44,812,230 40,300.873
001,352
360,013
605,731 2,290.329
828,‘*57 1,095,54 9
370,518
504,527
240,008
73.1,540
342,037
508,733
1,0-9,920 2,105,577 3,025,105 3,250,205
188,345
2,033
10,882
37,530,533 42,292.742 50,351.107 54,204,083
Total assets
Liabilities—
8lock
15,000.000
Bonds (see SUPPLEMENT). 18,107,700
Bills, payrolls, Ac
U
j-.osi.tKso
Other accounts
427,038
Coupons
j
9
1,502,07!
10
237.547 2,031.1 It
4
9
2 5 Of 2 50
17,723
14,018
30,530
31,200
110,184
1,288,201
2,273,345
5,071.977
381,512
010,080
ule after deducting bonds
of which to June 30, 1884. was $2,650.0- 0.
1 Tin- amount was
not
5-4,201
lb 3,773
These amounts arc m
was
“
80,085
37,530.583 42,292.742 50,851,167 54,204,683
Total liabilities
*
4
3,322,500
113,121
Subscription for bonds!...
&c.
18,040,000 20,791,724 31,308,000
710.001
f 1,308.472
301,817
Minn. Union bonds
Miscellaneous
Fund for improvein’t,
Profit and loss
15,000,000 20,000,000 2 \000.000
New York Ontario k Western.—The net revenue states
ment for
redeemed, the total
May, June and July, 1884, including leased lines, 77
miles, total mileage 370 miles, has been issued in London as
re-paid in cash, and the contemplated issue of bonds
follows:
made.
Total earnings
Less
GENERAL INVESTMENT NEWS.
On trill Iowa.—The annual report to the Illinois Railroad
and ’Warehouse Commission for the year ending June 30,1884,
shows the total stock and debt $18,603,400; funded debt,
$8,577,000; miles of track, 554; receipts from passenger traffic.
$805,590 : from freight, $1,139,482 ; from other sources, $33,382;
total income, $1,478,455; operating exjpenses,
$1,006,237:
taxes, $55,980 ; net income over operating expenses and taxes,
$416,231; deficit, $13,136.
'
May.
C
payable to West Shore Co
Expenses...,
Net......
-
.
June.
July..
$150,603
11,452
$165,843
11,5: 5
$100,907
11,400
$148,211
$ 54.318
$179,107
116,118
136,210
Ii9,i07
$2,003
$18,103
$30,000
The amended contracts commenced
July 1, 1884. Gross earn¬
ings for August. $200,000.
—It has been reported lately that $2,000,000 of the $4,000,000
of the first mortgage bonds authorized some time ago were
about to be issued.
Northern Pacific.—At the annual election on Sept. 18 tie
following directors were elected for 1884-85 : Frederick Bill¬
for seven months, are made up for the Chronicle as follows: ings, Benjamin P. Cheney, Charles B. "Wright, Johnston
July.
v
/
Jan. 1 to July 31.
Livingston, Robert Harris,, John C. Bullitt, John W. Ellis,
1984.
1884.
1833.
1833.
Thomas F. Oakes. August Belmont, Rosewell G. Rolston, J.
Gross earning.*
$1,832,244 $2,036,210 $12,272,164 $13,581,341 L.
Stackpole, John H. Hall, Norwood P. Hallo well. The last
Opelat’g expenses. 1,275,450
1,383,048
0,000,161
8,906,146
two named will represent the O. T. Co. in place of J. PierreNet earnings...
$556,7S8'
$653,163
$3,206,003
$4,675,193 pont Morgan and Ashbel H. Barney.
Pittsburg Fort Wayne k Chicago.—At Pittsburg, Sept*
Chicago Milwaukee k St. Paul.—The new mortgage made
br this company is for $5,000,000 at 5 per cent interest, pay¬ 12, the equity proceedings of the Pennsylvania Railroad Com¬
able in i914. The explanation is that the bonds ate issued pany and the Pennsylvania Company against the Fort Wayne
Central Pacific.—The gross ancl net earnings for July, and
,
.
September 20,
THE CHRONICLE.
1884.]
Company, to compel the issuance of $1,226,000 of guaranteed
stock, were begun in the Court of Common Pleas, by a
distinguished array of counsel. The stock asked for represents
the balance of expenditure for work done in enlarging and
improving the Pittsburg Fort Wayne & Chicago.
For the defense, affidavits were submitted reciting that the
petition of the plaintiffs is based on an alleged agreement, and
that there was no agreement of this kind made. The lease
provides for an issue of stocks, bonds and other securities to
be selected by the Fort Wayne Company. The company asserts
that it has already issued the stock and wants to now issue
bonds.
The Pennsylvania Company, it is said, has refused to
receive anything else except stock issued directly to it and
which it can lock up and vote on, and in this way be able to
control the corporation so as to be practically both lessee and
lessor.
Texas & Pacific.—The Philadelphia Press says: “ A special
committee of five of the Texas & Pacific directors, among
whom are some of the most influential and wealthy gentlemen
on
the board, have
finished
a
thorough examination into the
325
Omaha & Repub. Valley RR. interest
Colorado Central RR interest
Utah & Northern RR. interest
Lawrence & Emporia RR. interest
Junction City & Fort Kearney RR. interest
Solomon RR. interest
Salina & Southwestern RR. interest
Golden Booltler & Caribou RR. interest
Denver <fe Boulder Valley RR. interest
Nevada Central RR. interest
Utah & Northern RR. 6 per cent dividend
Total “other
$140
7,240
40,250
27,900
67,900
34,500
32,400
4,800
38,5< 0
30,400
43,596
charges”
$1,118,546
Total charges
Balance
Less Uuited States
$7,276,218
$3,795,628
requirements
1,407,623
Net balance
Add Amount received from the trustees under the Kansas
Pacific consolidated mortgage on
Balance
$2,388,005
791,700
interest account
applicable to dividends
$3,179,705
“
The fixed charges of the Union Pacific system, including an
estimat
allowance for taxes and payments to the United
States under the provisions of the “ Thurman act,” amount to
company’s affairs, which was begun last June. The result of
their investigation is embodied in a lengthy report which will
During the month of July, therefore, the
shortly be printed and distributed among the stock and bond¬ $793,000 per month.
holders of the road.
The report is said to bear quite heavily latest for which returns have been received, the net income of
company over and above all fixed charges was at the rate
on the Gould management of the road.
* * * It is suggested the
that the great number of directors of the Missouri Pacific or more than 12 per cent per annum on the company's capital
stock. It is proper to add that the earnings of the summer
Road, who are also directors of the Texas & Pacific, have it in
their power to run the latter road in the interest of the months are always much larger than those of the winter ;
former. It is also charged that this has been done. The those of the second half of the year are generally about 20 per
cent more than those of the first half.
report winds up with the recommendation that a receiver be
The Oregon Short Line will be completed to Huntington, the
applied for by the real owners of the road, who will run the
road in their interest, and that there be an entire divorce agreed point of connection with the Oregon Railway & Navi¬
gation Company, by the 15tk of October. By the 1st of Novem¬
from the Missouri Pacific.
The consolidated mortgage bondholders of the Texas & ber a connection will be effected, so that through business can
There is every reason to
Pacific in this city [Philadelphia] are not disposed to accept thereafter be done by that route.
the plan of reorganization, and it is possible there may be believe that this will immediately result in a large increase of
traffic for both the Oregon Short Line and the Union Pacific.
organized opposition to it. It is estimated that about $3,000,000
The latter will thus be relieved of a
“
“
of bonds of the road
are
held here.”
[The above statement has been denied in New York so far
.as
committee of five directors lias been
Possibly the Press intended to say five bondholders.
it declares that
a
acting.
An explanation is needed.]
—The Texas Pacific Company has applied to the Stock Ex¬
change to list $6,500,000 of its new general mortgage and ter¬
minal bonds, dated August 1, 1881.
The bonds are being re¬
corded at the office of the Secretary of the Interior at Wash¬
ington, and when recorded and listed will be issued under the
terms of the
company’s circular of July 20, 1S84.
Union Pacific.—The following is from the statement of
President Adams, for the year ending June 30, 1884, made to
the directors of the Union Pacific Railway Company: “It will
be observed that the period covered includes the last half of
the company's fiscal year 1883 and the first half of 1884.
This period - was one of general railroad depression—a
especially felt by the Union Pacific sys¬
competing roads and
the prevalence of a war of rates. The infiuence of this
new construction and of the complications which grew out
of it has not yet ceased to be felt. The twelve months in
question covered, therefore, as unfavorable a period as
the Union Pacific is likely to pass through. It will never¬
theless be observed that during this most exceptional period,
after paying every fixed charge, including the requirements
of the company’s sinking funds and all liabilities to the Gov¬
ernment, the surplus income of the system applicable to divi¬
dends amounted to 5-22 per cent upon the company's capital
depression
more
tem, owing, to the construction of
which it has been forced to carry
heavy financial burden
much longer than was origi¬
nally anticipated.
During the year ending June 30, the land sales have been
larger than ever before, and this activity still continues.” * *
“Since July 1, 1S84, and ending Sept. 1, 794,344 acres have
l>een sold for a gross sum of $1,121,798, and during this period
$221,500 in cash has been remitted to the trustee. Referringto
the last annual report, it there apj>eared that, after allowing
for all sales canceled, the company had already secured, eithe r
in cash or contracts, the sum of $2,591,08! in excess of what
was needed to discharge at maturity the balance of the original
$10,400,000 of land-grant bonds, of which there were then out¬
standing $4,589,000. Adding to this excess ($2,591,084) the sales
of 1884 to Sept. 1 ($5,249,219), and it appears that the sum of
$7,840,304 is already provided for the discharge at maturity of
the $13,691,000 sinking fund 8 per cent bonds of 1873-93.
“In examing the statement of the fixed charges of the sys¬
tem, it will be noticed that the sum of $30,400 has been paid
out during the past year as interest on the first mortgage
bonds of the Nevada Central Railway Company.
The road
owned by this company would seem to be wholly outside of
the proper territory of the Union Pacific system.
The exig¬
ency which led to its purchase certainly no longer exists.
Upon inquiry, I find that the Union Pacific Railway Company
lias paid, in the purchase of the stock and other securities of
the Nevada Central, the following amounts :
“
For stock
For iticomo bonds
For Nevada Improvement
$959,500, costing $’90,350
250,000
“
150.000
Co., 50 shares...
“
stock.
30, 1SS4.
“I
Income—
Earnings (excluding St. Joe & Western)
Expenses
$26,957,484
15,682,702
Taxes
822,552-16.505,254
Surplus earnings entire system
Income from investments out-ide of tlie system—
Utah Central Railroad stock
$8 4,911
Utah Southern Railroad extension bonds
68,740
St. Joseph bridge bonds
82.320
St. Joset-h bridge stock
100,000
ucd
St. Jo. & Denver City RK. receiver's certificates..
Atchison Colorado <te 1’acilic 11R. bonds
Consolidated bond*
o^
St. Louis. & Miss. Val. Trans. Co. stock
Kansas Carbon Co. stock
National Mining A Tml. Association, Denver
Union Elevator. Omaha, stock
.
McPherson City bonds
Leonora Township bonds
Sob mon Township bonds
Buena Vista Land Company bonds
Welch Coal Co. stock.
Omaha bridge bonds
Sr. Louis Council Bluffs tfc Omaha Railroad bonds
Clyde City bonds
North Loup bonds
Total net income
Expenditures—
Interest on bonded debt of all classes
Discount and interest
Losses on securities, premiums, &c
Sinking fund requirements
Other charges against ioeome —
Leavenworth Topeka & 8. W. KR. interest
Oregon Short l ine interest
Denver South P.uk & RR. Pacific interest
Kansas Central RR. interest
15,000
$355,350
STATEMENT FOIt THE YEAR ENDING JUNE
$10,452,230
find, also, that the amount of $115,093 has been further
expended in payment of maturing coupons of the first mort¬
gage bonds of the Nevada Central, none of which bonds are
owned by the Union Pacific.
Under these circumstances it
seems to me extremely doubtful whether it is for the interest
of the Union Pacific Railway Company to incur any further
I would accordingly recommend that
on this account.
such outlay be made.
Should the net earnings of the
Nevada Central fail, as heretofore, to meet the company’s fixed
outlay
no
charges, I do not
see that a default would
Union Pacific beyond the possible
which is of no apparent service to it.” *
to the
117,960
50,536
53,340
3, »80
10,600
result in any injury
loss of a property
* *
Wabash St. Louis & Pacific.—A press
dispatch from St.
Louis, Mo., Sept. 18, says the report of the receivers of the
Wa1 ash Railroad from May 29, to August 31, inclusive, shows:
200
6,1* 2
70
1.520
880
250
37,363
lOO
975
100
70—
619,617
Receipts, $5,617,566; disbursements, including labor, $2,000,000; North Missouri interest, $210,000; Chicago division inter¬
est, $112,500; St. Louis Council Bluffs & Omaha interest,
$18,708; Hannibal & Naples interest, $17,500; Eel River rental,
$28,000; taxes, 200,000; supplies, balance due to other roads,
&c., $2,992,970; total, $5,579,678; cash on hand, $37,888. Of
the $2,000,000 authorized for receivers’ certificates only $10,000 have been issued.
—The Wabash St. Louis & Pacific R. R. Co.
gives notice that
of the following bonds will be. paid September 25:
$5,370,422 Toledo & Illinois 1st mortgage, Lake Erie Wabash & St. L.
$210,761
1st mortgage, Great Western 1st mortgage, Ill. & So. Iowa 1st
21.721
mortgage, Decatur & East St. L. 1st mortgage, Clarinda
554.768
Branch 1st mortgage, Toledo Wabash & Western consoli¬
41.400
dated 1st mortgage, funded debt bonds 7s, funded debt bonds
6u7,920
graduated. The coupons of Brunswick & Chillicotlie 1st
130,410
11.1GJ
mortgage bonds will be paid in bonds September 25.
$11,071,847
,
coupons
fVoL, XX5IX
THE CHRONICLE.
326
M^hc Commercial jinxes.
~
COMMERCIAL
EPITOME.
Friday Night,
The weather tics
Sept. 19,188-1.
week has been much more
favorable to
COTTON.
Friday, P. M., September 19, 1884.
The Movement of the Crop, as indicated by our telegrams
from the South to-night, is given below.
For the week ending
this evening (Sept. 19), the total receipts have reached 80,737
bales, against 42,024 bales last week, 16,337 bales the previous
week and 4,914 bales three weeks since; making the total
receipts since the 1st of September, 1884, 138,4G2 bales, against
191,475 bales for the fame period of 1883, bhowing a
decrease since September 1, 1884. of 50,013 bales.
revival of trade has taken place. In par¬
ticular, the low prices of food staples, such as wheat.and lard,
Tot ol.
Fri.
Thurs.
Wed.
Tuts.
Jfon.
Sat.
have greatly stimulated their purchase for export, and it now
Receipts at—
seems probable that a full movement to foreign ports of all
5,010 2,971 21,611
653
4,S35
5.444
2.79 s
Galveston
890
890
our ample ciops has set in.
Financial circles have been Tndianoia, Ac.
7,124
957
1,043
368
1,075
2,‘2G7
814
feverish, however, and manufactures and mining continue at New Orleans...
410
*IG!
2.458
142
5S0
301
Mobile...
a low ebb.
Still, there are abundant indications that the worst
771
771
Florida
has passed, and with the continuance of political tranquility
25,608
4,135
3,510 4 781 4,326 3,54 * 5,302
Savannah
and the termination of the Presidential canvass (which has
Brunsw’k, A c
1,884 2,509 12,433
2,754
357
2,5*4 2,345
become somewhat heated) a marked and general revival in Charleston
25
25
Pt. Royal, Ac.
commercial afikurs may be looked for.
£31
2,385
4G9
546
370
200
107
Wilmington....
The speculation in lard futures has been moderately active,
146
146
JMoreliM C.,Ac
and prices, though variable and unsettled, have been less de¬
5,323
759
3,68
i
075
1,209
646
374
Norfolk
376
370
West Point,Ac
pressed, and to-day took an upward turn cn the very active
demand which has been in progress, closing at 7*33c., for Oc¬
Sew York.....
702
76
128
38
210
76
174
tober, 7'32c. for November and December and 7*38e. for Janu¬ Boston
427
427
Baltimore
480
ary. Spot lard lias been taken for export this week to the ex¬
451
9
Philadelp’a, Ac.
tent of 10,000 tierces, of which 3,000 tcs. to-day, closing at
16,590 10.205 12,970 15.:* 97 16 996 80 737
7 70c. for prime Western and 7 93c. for refined for the Conti¬ Totals this week 8,579
For comparison, we give the following table showing the week's
nent. Pork declined, but closed steadier at §17 for mess.
total receipts, the total since Sept.l, 1884, and the stock to-night,
Bacon and cut meats have favored buyers; prime pickled
and the same items for the corresponding periods of last year.
bellies, 9%@9%c. Beef remains dull, and beef hams tire
Stock,.
1-83.
1884.
lower at §20 per bbl. Tallow has been active and firmer, but
Receipts to
Since Sep.
Since Sep.
This
This
1883.
1884.
closes quiet at GJ^@G 9-lGc. Stearina is quoted at 8-Vo., and
September 19
Week.
1, 1883.
Week.
1, 1884.
oleomargarine 8c. Butter has further improved ; creamery is
16.001 38 078
46,277
21,011
35,702 21.44"
Galveston
514
quoted at 20@28c. and Western factory 10@iGc. Cheese is
2.335
1.085
890
2,255
IndiaDola;&c.
54
482
1G.150
also dearer—-State factory, 8 2) 11c.
The number of swine New Orleans... 7,124
32,720
11.313 1",B18
6.107
4
3,507
6.7f
4,435
4,305
2,450
slaughtered at Western markets, March 1st to September 10th, Mobile
3-4
130
771
L24V
Florida
was 3,145,000, against 2,855,000 in the corresponding period.
32.623
business, and some
^
....
.
...
....
„
.
.
.
....
....
.....
.
.
....
....
’
••
•
•
•
m
-
•
•
•
•
mm >
....
....
••.
....
....
•
....
....
....
•
.
....
....
•
....
....
....
....
•
....
-
....
•
•
•
....
...
.
...
....
•
•
•
•
•
•
....
•
•
•
•
......
last
season.
fair old;
been
variable
active;
to-day
have
and only moderately
Rio coffee has been firmer on the
options
sp:>t at lO^c. for
Eruusw’k, Ac
Charleston
339
454
12,133
22,751
17,000
CG.208
25
35
75
457
Pt.
Royal, Ac.
Wilmington....
27,810
49,470
24,037
45,481
25,009
Savannah
25 391
13,333
17
3,21,3
3,132
4,123
3,388
1,93!
2,385
September closed at 8*75@
;
235
7o
146
140
M’kead C.,Ac
8‘90c.; October 8*50(28-55c.; November 8 o5(a8’40c.; Decem¬
3,279
7,019
4.905
9,088
Norfolk
C,9S0
5,32 3
ber 8 40@8*45c.; January and February, 8*45@S*50c. bid and
382
1,419
2,350
376
West Point, Ac
asked; mild grades have been in fair demand and steady. Tea New York
29
276
53,467 97.218
3 853
321
242
6,310
has been fairly active and steady on the spot, but options have
702
1,372
Boston
GC57
9
928
449
4
377
27
427
been dull. Rice has been fairly active and steady. Molasses Baltimore
5.130
4
962
1.763
2
0:0
400
471
has been dull. Raw sugar lias sold moderately at a decline to Philadelp^Ac.
357.899 28 ! 304
194 475
138
402
Total
80,737
96,819
4%c. for fair refining and 5;'^(a5 11 10c. forOGdegs. test centri¬
In order that comparison may be made with other years, we
fugal; options have been to a great extent neglected. To-day,
however, there were liberal sales of muscovado sugar on the give below the totals at leading ports for six seasons.
18-9.
1880.
1881.
1882.
1883.
1884.
spot, and it was reported that a slight decline had been in Receipts at—
22.026
some cases accepted; refined closed firm at 6 9-16c. for granu¬
17,594
18.006
20 470
22,525
22,501
Galvest’n,Ao.
there was a decline of ten points;
5
......
.
lated and Gc. for standard “A.”
Kentucky tobacco business on the spot has been quite
moderate, but lugs have remained steady at 7^@8^.}C.leaf,
8%c.@10}ic. Speculation in the article has also been lim¬
ited. Seed leaf lias had perhaps a slightly better movement
and all figures remain steady; sales 1,561 cases, including 208
cases crop 1853, New England, at 6@i2}^@15@18c.; 890 cases
crop 1883, do. Havana seed, 18(a34c ; 250 cases crop 1883.
Pennsylvania, 9J£@15c.; 100 cases crop 1883, do., 9@lGc.; 100
cases crop 1881, do., G(ol0c.: 100 cases crop 1883, Ohio, private
terms; 100 cases crop 1883, Little Dutch, 171<c.; 113 cases crop
1882, Onio, lOJ^c., and 200 cases crop 1883, Wisconsin, Hav¬
ana seed, 25(a32%c- J also S00 hairs Havana fillers, S0(a$l 15,
and 100 bales Sumatra, §1 30,@$1 G5.
There has been little or nothing done in rosins, either on the
spot or for future delivery. Strained to good strained are
almost nominal in the absence of supplies at $1 30@$1 35.
Spirits turpentine, while about steady on the spot at 31(«31i£c..
has nevertheless been dull.
Futures, on the contrary, have been
more active, and to-day October sold at 311.<c. and December
32%c. Wool has been more active and firm'for fleece descrip¬
tions, while coarse wools continue dull and irregular. Hops
have continued dull, and th* best State 1884s are not above
26c. Oils have a moderate jobbing sale at unchanged figures.
Crude oil certificates have latterly been quiet and uninteresting
In the absence of important well news.
To-day the course
from the opening was 76%(a)75kfc. and the closing 76l£c.
Ocean freight room has had quite a good week so far as petro¬
leum chartering has been concerned. Rates for this class of ton¬
nage have been steady, while for berth room they have been
rather weak.
To-day grain to Liverpool by steam quoted at
2^>@3d.; bacon, 15s.@17s. 6d.; cheese,20@23-*.; cotton, 3-1G 1.;
flour, 10s.; grain to London by steam, 3d.; refined petroleum
to Hamburg, 3*.; refined in cases to Hong Kong, 25c.; do. in
In
barrels from Baltimore to Continent, 3s.; cotton by steamer
from Norfolk to Liverpool, 32s. 6d. per ton ; grain by steamer
to
Barcelona, 4s. 4%d-
19 872
27.836
18,606
6.808
6 022
0.770
2,456
4,155
8,690
4,742
19.184
24.622
32 652
30 438
18.071
14,366
15,361
28.564
19.011
2,001
6,324
1,588
2,055
5,842
2,539
4,2 76
4,090
12,864
24,634
18.870
All others....
25,608
12,458
2,531
5,699
2,360
24,037
1,874
2,397
4,065
3,140
Tot. this w’k.
80,737
96.819
77.223
112 293
136.413
127,729
138 462
194.475
trt>.47S
295 021
321 44.1
24Q.636
17,818
7,124
New Orleans.
Mobile
Savannah....
Charl’st’n, Ac
tfilm’gt’n, Ac
Norfolk, Ao..
Since Bent. 1
Galveston muiuues muiai.out; Charleston lueluaes Pun t\« yal, <xc.;
Wilmlnjjton in eludes Morehead City, Ac.: Norfolk includes City Point. Ao.
evening reach a total
to Great Britain,' 115
Continent, while the
157,899 bales. Below
exports for the week and since September 1, 188-4.
The exports for the week ending this
of 18,844 bales, of which 16,463 were
to France and 2,266 to the rest of the
stocks as made up this evening are now
are
the
Week Ending Sept.
From
19.
rept 1,18S4, U Sept. 19,1884.
Exported to-
Exported to-
Erp’irt*
'
Great
from—
Rrit'n.
lalveston.....
Conti¬
Totat
nent.
Week
France
000
......
3,204
Vew Orleans..
Conti¬
Ureui
Britain.
Frai. ce
nent.
500
5H0
3,294
3,413
10,439
20.872
Total.
BOO
3,413
Mobile
Worlda
Savannah
....
Iharlestoij
.
Vilrninaton..
'Jorlolkt
■lew York
970
115
9.371
Boston
*
"itnore
rhil
.delp'a.Ac
.
3,263
•
•
.
796
......
•
4,rOO
4.C.59
115
16,463
28.6M
406
.790
5,365
2,137
~
~
; otal
•
2.137
532
533
1,341
419
40S
.....
IS,814
37.399
449
2,637
~40,485
7,478 37,433
43,507
17,236
15,468
78,211
2,260
■
..
Total
20.0 it
9,914
Port Royal, Ac.
+ Includes exports from West Point. Ac.
*
Includes exports from
In addition to above exports, our telegram b to-night also give
us the following amounts of cotton on shipboard, not cleared,
at the ports named.
We add similar figures for New York,
which are prepared for our special use by Messrs. Carey, Yale
,
daily market, the prices of sales for each month each day, and
the closing bids, in addition to the daily and total sales.
On
Great
Britain.
Nbw Orleans....
Mobile
Oaariteton
Savannah
Galventon
Norfolk
N-w York
5.500
9,005
3.739
None.
None.
None.
None.
050
1,000
i
14,4?0
4.110 1
2.834
12.52.8
17.817
©
Shock.
“
46S
None.
4.100
9 300
5.9* >5
1.405
3 5 (58 l
3 507
9.233
18.5 to
lO 090
4,450
4,000
49.017
20.352
markets. Yesterday a stronger Liverpool report caused with
us a demand to cover contracts, upon which an advance was
made, but lost in the later dealings. To-day there was a slight
decline, followed by a variable and unsettled market, with
moderate degree of activity, the close, as compared
with last Friday, showing a decline of 1;)@:23 points. Cotton on
the spot has met with a small demand for home consumption.
There was a decline of
on Monday, and again on Tuesday.
Yesterday there was a further reduction 1-1 Gc. for the low
grades, 1-1G@
lor medium grades and 13 lG@o-lGc. for the
better grades. To-day an additional decline of 1-lGc. for all
grades carried middling uplands to the closing figure of 10?gC.
The total sales for forward delivery for the week are 493,GuO
bales. For immediate delivery the total sales foot up this week
4,303 bales, including —for export, 3,803 for consumption,
only
Sop l- 13 lb
Sipt. it)
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d,
Sat.
■“
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91
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B.r. GM Ord
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Good Mid..
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comprehensive table. In the statement
^
i—
I
previous to that on widen they are ropartHfl.
The Sales and Prices of Futures are
ing
>
z°laL
Jc
t
_
d:
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13.8031
Total.
Tiie
sump
.!
nee...
rev.quo.
Dull ut tia dec...
Fri.
j Con- \
port.
6
c. r.
Tile total safes and future deliveries each day dining the
week are indicated in the following statement.. For the con¬
venience of the reader we aiso add a column which shows at a
edance how the market closed on same days.
SPOT MARKET
Jj
CO “O
MARKET AND BALES.
SALC«i OK rUJOf
rs
•
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9 >
10
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Good Ordiu ^ry
x r: ® A
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♦L >w ‘Middling
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-
TESLA*.
NEW ORLEANS
’fise*
if
n ® as
tr® m a
o>
o
t:
UPLANDS.
l
®.
od
official quotations for
the past week.
each day of
F4
bales
Of the above,
for speculation and 500 in transit.
The following are tire
were to arrive.
P Sl
fr-*
a
—
o
!>;.
!
their local
current purchases in
g:
.
■
2>4 9-8
120 454
from apprehension of any
dealers against their
►— CT*
:
W Jf
|
1A 1
^22
Pj
:
® ®
-
&
1
® 3>
(
•
•
1C8.213
material
consumption, but from the feeding
among operators that at recant prices the market was without
adequate support. IVie most notable decline was on Monday,
and in October options, ascribed to sales for account of South¬
ern
3.—
O
&
c
1,“11
little, and foreign advices have reported declining markets
abroad; yet the decline that has taken place with us cannot be
said to be duo wholly to these influences, but has been caused
rather by that somewhat intangible influence described as
“want of confidence,” proceeding not from any expectation
,
j
.
There lias been much depression in the prices of cotton
for future delivery at this market during the week under
review,
The new crop lias begun to move quite freely,
stocks in some of the Southern ports begin to increase a
of excessive supplies, nor
curtailment of aggregate
®
a *
av
I.®?
•3
45 313
31.t55o
P.154
(5.880
H-
■-
sjKuvniij
29,(583
8,380
4,514
314
10 478
Total 1883
Total
304
None.
3.000
1.000
3 <mo
2,‘2< 0
None.
None.
1,105
Total 1884
None.
None.
P Ci
-vs
Total.
41
None.
None.
None.
None.
Nmie.
4,100
Otherports
Foreign
314
None.
None.
2.500
Coast¬
wise.
Other
France.
Ill
£
<5
a- a as
A rn as
Shipboard, not clearest—for
OC
p
3)
& Lambert, 89 Broad Street.
Beit. 19, at—
327
THE CHRONICLE.
September 20, 1854 J
I
Wt- have melndiMl tu
fey
:
i
:
I a; '
I e>:
S
the aoove lalile, and nliaii nniii.mr each
for each month. Id
Aver.’’ TUo
week"
of
Monday. 10’3'«; Tiie&day,
lO'cUc.; Wednesday. iO’ioe.; Tlmrsday, 10 2 ;c ; Friday, i0 25o.
The following exchanges have been made during the week;
11 yd. to exeli. SOO Out. loi Jan.
12 jxl. tocxch. 500 Airil for May.
OS pd. to exrli. ."Oi' Bc, t. tot Feb.
-o7 p 1. to e.wii. 100 Nov for Dec.
10 I'd. to e\eh. 2uo • >ec. ter Jail.
•; 7 >* '. -o tncii. 1.7o<’ Oct. o .Tan.
1<» |id. to ex"h. in i l>e/(jt for .mo.
lo pd. to exeli loO I). e. for Jolt.
weeK to 2iv»4, the average pro o of tuiuren eaca cay
aTI lie found under each da\ fo towing the aooreviation **
average f<*r each inout li tor t in*
iiva.lno triveo at hortotn
Ti'MHsfei ;U» o Orders—Sat unlay. lu-.Oc ;
•
200 O.tober for
•12 pd. to ext-h.
’*18
’ll
•0 i
•02 ud. to
•01 pa. to
J 2 pd. tJ
•
.Ve,vciuber—rveu.
S »o M.ir. l«»r Anri!.
i>u. toexc.ii. nOu D m; air iViCll
pd. to ex oh. 1 o < a t t«*r Bejd.
(>d. foexeh. ;>o<) N v for »>e .
Nov. I or Oet.
excli. *1 a) Nov. for Oet.
exch.l J,0<.0 Oov.lur Feb.
e\rli. 1.0
’l 8
pd. to^.xeh. 50
O'd. for .lau.
■43 jut to oxcli. 200 NuV for Mar.
•ot pd. toe veil. 1,500 NoV. or uet.
*32 ( «l. r«» exi-h. 20 > Oet. for Feb.
’0 7 pd
to exrli. 400 Nov. p r Dec.
1
(id. 1 o eXeli. 4o<* l>t.c f,»r Jail.
15 p I. t • excli. D O Ocr. for Sept.
1,'JuO -\ov. loi Oct.—even.
THE CHRONICLE.
328
[VOL. XXXIX,
The Visible Supply of Cotton to-night, as made up by cable
and telegraph, is as follows. The Continental stocks, as well as
those for Great Britain and the afloat, are this week’s returns,
bales less than at the same period last year.
The receipts at
the same towns have been 19,268 bales Zmthan the same week
last year, and since September 1 the receipts at all the to wns
the European figures are brought down
Blit to make the totals the complete
figures for to-night (Sept. 19), we add the item of exports from
the United States, including in it the exports of Friday only.
are
and consequently all
to Thursday evening.
622,000
1883.
76 y 000
70,000
692,000
4,500
53,*00
1884.
hales.
Stock at Liverpool
Stock at Loudon
693,000
49,500
.
614,800
2,9(J0
31,900
9,900
1,300
737,300
800
814,500
3,800
41,300
24,•'00
1,600
2,300
200,000
5,000
46,000
12,000
9,000
7,700
300
2,300
97,000
10,000
49,000
11,000
10,000
111,000
1,600
23,000
11,300
5,700
168,000
4,300
36,' 00
41,000
380,400
255,400
Total European stocks — 1,072,400
India cotton afloat for Europe. 102,000
38,000
Amer’n cott’n afloat for Eur’pe
6.000
Egypt, Brazil,&e.,aflt for E’r’pe
1,069,900
Total Continental stocks
United States exports to-day..
9,000
14,000
7,900
62,000
27,000
230,304
51,559
6,000
Total American
East Indian, Brazil, etc.—
765,874 1.027,863
513,017
284,000
49,500
310,000
75,800
143,400
207,000
15,000
146,000
44,300
150,330
1 40,000
11,000
751,200
49 4.630
5,600
1
London stock
Continental stocks
India afloat for Europe
Egypt, Brazil, Ac., afloat
187,400
111.400
102,000
6,U00
126,()00
27,000
631.400
597,900
765,87 4 1,027,863
Total East India, &c
Total American
,254,963
Liverpool
513,017 1 ,254,968
all
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3
9,586
8,142
11,914
11,024
U
IS
9.150
9.208
ii
25
1
6,126
4,815
8,296
8,.'....
4,811
9,706
10,305
*
o
M
to
If-
r->
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X*e-C0©0’<4--*0’,©C3
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y
ioy
|
1883.
42,843 74.047
35,454. 08,702
1884
1882.
Plant’ns
1883.
1884.
2,012
7,052
1.880-
753
5,139
1,998
5,318
4,685
3,810
2,803
4.283
31,022. 04.239
28,276
01.629
25,130
CM t- QD o
5.0S0
24.440
57,880
22.807
985
3,321
2,203
2,898
21,093;
53.206
20,433
1,438
10,535
52.010
8,3-0
1,798
10,850
7,578
7,004
1882.
37,523
31,941
28.241
4,055
-
St'k atlnterior Tonms. Rec'ptsfrom
IIS
•
•
•
•
1,400
3S9
12,352
11,365
2,865
14,327
50,526
16,599
22.971
4.914
15,520
16,519
50,309
53,576
oS.O-'O
10,342
10,141
2 5,231
16.804
29,681
20,427
52,10w
69,701
46,187
75.179
24.317
88.093 118.009
84,027
The above statement shows—1. That the total receipts
the plantations since September 1, 1884, were
in 1883 were 220,498 bales; in 1882 were 173,978 bales.
from
15
II
22
14
29
6.356
-
5
21.032
28.6S8
1%
12
49.512
33,303
04,348
42,024
it
19
77.223
98.819
80.737
....
....
10,337
19,115;
29,985!
831
1.098
4,057
receipts at the outports the past week
general in those districts in which the drought was most
rain would be of little or no benefit to cotton now.
Picking is making excellent headway generally, and the crop
is being marketed freely.
Galveston, Texas.—The weather has been warm and dry all
the week. The thermometer has averaged 84, the highest
being 90 and the lowest 78.
Itulianola, Texas.—We have had warm and dry weather all
the week.
Picking is progressing finely. The thermometer
lias averaged 80, ranging from 75 to 87.
Palestine, Texas.—There has been one good but insufficient
shower during the week, doing no good to cotton.
The rain¬
fall reached seventy-eight hundredths of an inch.
Picking
makes good progress.
The thermometer has ranged from 0i>
93, averaging 81.
Huntsville, Texas.—We have had one trifling shower during
the week, 'doing more harm than good, the rainfall reaching
fifteen hundredths of an inch.
Good progress is being made
to
CO
M -4
M
M©
C0-Ji-‘^4©*-,b’©
<1 x © ©
■^5
**
to
•
picking. Average thermometer 82, highest 96, lowest 66.
Luling, Texas.—No rain during the week. Picking pro¬
gresses
well.
Thla year’s figures estimated.
The above totals show that the old interior
The thermometer
being 95 and the lowest 75.
Brenham, Texas.—There has
welcome shower during
fit cotton.
The rainfall
from 72 to 92.
to
aging 82.
3
X
X
CO
lias averaged 85, the highest
been
one
splendid and very
the week, but it was too late to bene¬
reached two inches. Picking is pro¬
The thermometer lias averaged 82, ranging
Belton, Texas.—The weather has been warm and dry all the
The thermometer has ranged from 69 to 96, aver¬
Weatherford, Texas.—We have had warm
all the week.
Picking progresses well.
82, highest 96, lowest 66.
Dallas, Texas.—There has been no
and dry weather
Average thermometer
rain all the week.
We
suffering dreadfully for it, and damage has been done
beyond recovery. Good progress is being made with picking.
The thermometer has averaged 86, the highest being 99 and
are
stocks have
ficrecsed during the week 3,794 bales, and are to-night 36,184 the lrwest 73,
10&8
5.020
9,115
9,875
22,754
37,728
II
week.
ST
O’
<1
*
1834.
1S83.
11
rb
I-1
if-to
1882.
gressing finely.
CO
5c
03
978
io
1<;3q
iny
Plantations.—The following table i»
Receipts at the Ports.
-
“
in
Ci
ioy
10
80,737 bales, the actual movement from plantations was
84,627 bales, the balance going to increase, the stocks at
the interior towns. Last year the receipts from the plantations
for the same week were 113,009 bales and for 1882 they were
88,093 bales.
O
00
to
10^
9»u>®%
9;j8
ioy
ioy
10^8
10^8
10^
ioy
ioy
10®8
Weather Reports by Telegraph.—There have been re¬
freshing rains at a few points in the South during the week,
t£-X*-C0©
y
r-*
CO
Louisville....
2.—That, although the
to to 03
it- X
C3
© O’ © © ^ 1 O’
CC M 03 X i'- X ©X CO XX ©
to X -O tc toco
t- to It- X 03 X O' ©. © -1 CO O’ X Ot ©. CO © Ci iftO
tO ^4 tO
I-*
tO
tf- © >—4 © i— —1 ©
© C © to © ot
10^
103a
l(t^
but in
►“•Of-1
CC to X
CC ct
O’ -4 -0 CC O’ -1
©
-lx >' -1 CC -1 © -4 © X © ©
to O’ «f* © © -4
© 03 X tO © h4- © -4 X 10 H* 03 CO Ot © © Ot
o
to CO
Cincinnati...
10^
103s
ioy
were
-
O’
©
ii y
91116
9iy6®^
severe
*-•
!—»
1133
978
145,564 bales;,
TOWNS.
gg|sgsrs-fcsog-“
o-
CO
-0
to
C3 03
1138
9?8
Sept.
a
?*
1038
Ii
Total, d
towns.!
.
103*
103a
ii y
ioy
10^
Autf.
period of 1883—is set out in detail in the following statement.
c
978
ioy3
103s
10»8
J'jly
1 .397,274 1,625.763 1,261,217 1,,749.59S
7 yd.
6d.
74.
5i3lca.
supply
£
ioy6
10
10
n
Week
imports into Continental ports this week have been
14,000 bales.
The above figures indicate a decrease in the cotton in sight
to-night of 228,489 bales as compared with the same date of
1883, an increase of 133,057 bales as compared with the corresonding date of 1882 and a decrease of 352,324 bales as
ompared with 1881.
At the Interior Towns the movement—that is the receipts
for the week and since Sept. 1, the shipments for the week, and
the stocks to-night, and the same items for the corresponding
®
10
978
lO’is
10
10
9l3ia>
91316
10
10
1058
ending—
The
Total, Total,
91516
978
978
97s
978
10
RECEIPTS FROM PLANTATIONS.
266,000
70,000
Liverpool stock
Total visible
Price Mid. Upl.,
152,104
17,313
ioy6
lO-’jg
10
10
10
10
prepared for the purpose of indicating the actual movement each
week from the plantations. Receipts at the outports are some¬
times 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
like the following.
In reply to frequent inquiries we will add
that these figures, of course, do not include overland receipts or
Southern consumption; they are simply a statement of the
weekly movement from the plantations of that part of the crop
which finally reaches the market through the outports.
547,000
15.8,000
113,000
341,097
87,191
8.680
280,304
54,559
6,000
4 600
101 is
10
Receipts from the
229.000
36,000
IO^s
11
St. Louis
481.000
141,000
62,000
157,894
18,375
10316
ioy
10*8
11
..
American—
56,000
53,000
lO^ie
Fri.
Thun.
10^
11^
..
Philadelphia.
Augusta
Memphis..
1,397,274 1,625,763 1,264,217 1,749,598
supply
Of the above, the totals of American and ether descriptions are as follows:
356.000
193,000
Tues.
IPs
103*
IPs
Baltimore.
Total visible
bales
Liverpool stock
Coutiueutal stocks
American afloat for Europe...
United States stock
United States iuterior stocks..
United States exports to-day..
Mon.
Wedncs.
Satur.
Boston
308,330
MIDDLING COTTON ON—
CLOSING QUOTATIONS FOR
Galveston....
103s
ioy
New Orleans.
LOis
Mobile
3avannah....
10*8
Charleston... Nominal.
lO^
Wilmington..
Norfolk
1038
814,200 1,045,630
207,000
140,000
113,000
53,000
14,000
15,000
341,097
152,104
87,191
17,313
5,600
8,680
12c,000
157,899
18,375
4,600
Stock iu United States ports ..
8tock iu U. S. interior towns..
ending
Se2)t. 19.
42,200
21,800
2,830
199,400
quotations of middling
cotton markets for each
day of the past week.
44,300
Week
Total Great Britain stock
Stock at Hamburg
Stock at Bremen
Stock at Amsterdam
Stock at Rotterdam
Stock at Antwerp
8tock at Havre
Stock at Marseilles
Stock at Barcelona
Stock at Genoa
Stock at Trieste
Markets.—
Quotations for Middling Cotton at Other
In the table below we give the closing
cotton at Southern and other principal
1881.
1832.
539,000
75,800
59,260 bales less than for the same time in 1883.
September 20,
THE
1884. J]
CHRONICLE.
Picking progresses well. The thermometer has
averaged 79, highest 93, lowest 65.
blew Orleans, Louisiana,—We have had no rain during the
week.
The thermometer has averaged 81.
Shreveport, Louisiana,—Telegram not received.
Vicksburg, Mississippi.—The weather has been warm and
dry all the week. Good progress is being made with picking.
The thermometer has ranged from 65 to 93.
Meridian, Mississippi.—Telegram not received.
Greenville, Mississippi.—The weather has been warm and
dry during the week, with a rainfall reaching only five hun¬
dredths of an inch. Average thermometer 83, highest 89 and
lowest 76.
Columbus. Mississippi.—No rain all the week, only one
rain since July.
It is claimed that the top crop is poor and
the bottom crop poorer.
Cotton is opening prematurely, anti
the prospects are very discouraging.
Little Rook, Arkansas.—The weather has been very pleas¬
during the week, and clear except on Tuesday when we
good general rain. The rainfall reached ninety hun¬
dredths of an inch. The thermometer has averaged 74, rang¬
ing from 58 to 88.
Fort Smith, Arkansas.—It has rained on one day of the
week, the rainfall reaching two inches and ten hundredths.
Owing to the excessive heat we are having much sickness
causing some slowness in picking, but the amount coming in
is equal to last year.
The thermometer has ranged from 58 to
ant
had
a
аб.0oai
Cotton
India
Columbia, Texas.—The weather has been warm and dry all
the week.
is claimed that much
worms.
damage has been done by drought and
61 to 94, aver¬
Shipments this xceek.
fear
Great OontiBrit'n. nent
1384
4,000
1883
LS82
1881
91 and the lowest 58.
Madison,
Fiona a.—We have had no rain all the week.
Picking is progressing finely. The thermometer has averaged
SO, ranging from 60 to 97.
Mac ni, Georgia.—We have had one very light shower dur¬
ing the week. Good progress is being made with picking.
The thermometer has ranged from 53 to 86, averaging 73.
Columbus, Georgia.—There has been no rain all the week.
Picking progresses well, and the crop is being marketed freely.
Average thermometer 76, highest 90 and lowest 59.
Savauoa.b, Georgia.—We have had rain on two days, and
the remainder of the week has been pleasant.
The rainfall
reached sixty-five hundredths of an inch.
The thermometer
lias averaged 73, the highest being 85 and the lowest 60. ;
Augusta, Georgia —The weather has been warm and dry,
with one light shower during tlie week.
The rainfall reached
fifteen hundredths of an inch.
Crop accounts continue unfav¬
orable; the yield will be fully twenty per cent short of what
was promised
five weeks ago. but it is believed that a fair
Picking
average crop will be gathered notwithstanding.
progresses well, and the crop is being pushed to market.
The
thermometer has averaged 73, ranging from 57 to 87.
Atlanta, Georgia. —It has rained on one day of the week,
the rainfall reaching four hundredths of an inch.
The ther¬
mometer has ranged. from 51 to 85, averaging 71.
Charleston, South Carolina.—It has rained on two days of
the week, the rainfall reaching five inches and eighty-four
hundredths.
Average thermometer 73, highest 84 and lowest
63.
Columbia, South Carolina.—Telegram not received.
following statement we have also received by telegraph,
showing the height of the rivers at the-points named at 3 o’clock
The
Memphis
Nashville
Shreveport
Vicksburv
...
•
Fed.
12
3
1
0
6
Inch.
ti
8
0
2
11
Feet.
12
3
0
2
5
5
7
10
reported below high-water mark of 1871 until
Sept. 9, 1874, when the zero of gauge was changed to highwater mark of April 15 and 16, 1874, which is 6-lOths of a foot
above 1871, or 16 feet above low-water mark at that point.
New Orleans
—
We have
since
Jan. 1.
Conti-
Receipts.
This
Week.
Total.
nent.
7,000 493,000 011,000 1,104.000
5,000 445,000 784,000 1,229.000
8.000
301.00O|542,000
Since
Jan. 1.
3,000 1,545.000
4 000 1.551.CH 0
4.000 1,019.0(0
3.00.) ],158,000
848.000
According to the foregoing, Bombay appears to show a
compared with last year in the week's receipts of
1,000 bales, and an increase in shipments of 3,000 bales, and
the shipments since January 1 show a decrease of 135,000 bales.
The movement at Calcutta, Madras and other India ports for
the last reported week and since the 1st of January, for two
years, lias been as follows.
“Other ports” cover Ceylon,
Tuticorin, Kurrachee and Coconada.
Shipments since January 1.
Shipments for the week.
Conti¬
nent.
Great
Britain.
Calcutta—
18 8 4
■ 883
500
_
,.
Total.
Continent.
42.700
125,200
95.500
10,800
43 000
41,000
13,5 j0
3,600
3,000
!
82,500
84,700
3,000
3,000
"500
Great
Britain.
Total.
lfc81
1683
All others—
1884
1383
4,000
4,200
4,100
8,100
50,900
4.100
30.9)0
33,400
20 000
2.0
0,000
40,000
Total all—
1881
1883
7.000
7,100
200
14,700
4,000
150,100
131,000
62.70a
18.400
219,100
4,700
14.500
1,0 00
150.000
The above totals for the week show that the movement from
the ports other than Bombay is 9,800 bales more than same
week last year.
For the whole of India, therefore, the total
shipments since January 1, 1884, and for the corresponding
periods of the two previous years, are as follows:
EXPORTS TO EUROPE FROM ALL INDIA.
1884.
Shipments
to all Europe
This
week.
from—
Bombay
All other
^
1883.
.
This
xceek.
Since
Jan. 1.
1882.
This
week,
Since
Jan. 1.
j
Since
j Jan. i.
5.000 1,340,000
7,000 1 104.000
5,000:1,2 2t*,00o
219,100
4,9001 150.000
3,300,
9.90(>! 1.379.0
8.30011,603.900
14,700
ports.
21,700 1,323.10)
Total
»U
268,900
This last statement affords a very interesting comparison
the total movement for the three years at all India ports.
Shipments.—Through
Alexandria Receipts and
of
arrange
we.have made with Messrs. Davies, Ben tchi & Co., of
Liverpool and Alexandria, we now receive a weekly cable of
the movements of cotton at Alexandria, Egypt.
The following
meats
are the receipts and shipments for the past week and for the
corresponding week of the previous two years. ^
Alexandria,
Eoypt,
September 17.
3.000
5.0t 0
This week....
Since Sept. 1
.
Total
“
*
*
-
Since
Sept. 1.
Since
j This
week.
' |
1
Sept. 1.
*
::::::
1
il
1
Europe
A can tar
*
•
r
This
week.
Sept. 1.
Exports (bales)
f.p 1.1 verpooi
To Continent
4,000
4,000
I
Since
This
week.
1882
1883.
1884.
Receipts < cantars*)—
is 93 lbs.
that the receipts for the week ending
Sept. 17 were 3,000 cantars and the shipments to all Europe
This statement shows
bales.
Manchester
Market.—Our report received from Manchester
to-night states that the market is dull.
for to-day below, and leave previous
We give the prices
weeks' prices for
comparison.
lr>83
1884.
d.
J’lyiS
•
2
8
5s
84
Js5*
4
®
a
Shirtings.
s.
94 5
9% 5
a 94 5
8 sHie a
a 91* 5
15
22 84 a9ii<-i5
2m
oiH& 94 5
Sept.
'l2
19
3‘hga 91*
a
91*
3?i6* 9
OotVn
Mid.
8 k lbs.
32# Cop.
Twist.
Inc•>
1
5
Shipment*
Great \
Britain
,
Total
>•
decrease
Sept. 18. ’84 Sept. 20 ’-3.
...Below hi^h-water mark
...Above low-warer mark.
...Above low-water mark
...Above low-water mark.
Above low-water mark
.
5.O00! 5.000 710,000)000.000 1,340.000
2.000
September 18, 1884, and September 30, 1883.
New Orleans
_
5,000
The thermometer has ranged from
aging 78.
Montgomery, Alabama.—The weather lias been warm and
dry all the week. Cotton picking is going on satisfactorily.
Average thermometer 76, highest 97, lowest 58.
Selma, Alabama.—The days have been warm, but the
nights have been cool during the week, with no rain. Pick¬
ing makes good progress, and the crop is being marketed
freely. The thermometer has averaged 76, the highest being
Ports.
all
BOMBAY RECEIPTS AND SHIPMENTS FOR FOUR YEARS.
Helena, Arkansas.—It has rained
Nashville, Tennessee.—It has rained lightly on one day of
tlie week, the rainfall re idling eleven hundredths of an inch.
Crop accounts are less favorable.
The thermometer has
averaged 71, ranging from 56 to 85.
Mobile, Alabama.—We have had no rain all the week.
Picking is progressing finely. The top crop will be poor. It
from
ports other than Bombay, 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
keeps the totals correct. We first give the Bombay statement
for the week and year, bringing the figures down to Sept. 18.
remainder of the week has been
lowest 60*5.
Movement
our India service so as to make our reports more
detailed and at the same time more accurate. We had found
it impossible to keep out of our figures, as cabled to us for the
re-arranged
90.
on one day, and the
pleasant. The rainfall reached
twenty-eight hundredths of an inch. It is claimed that the
top crop will be poor. Picking makes good headway. The
crop is reported short, but will probably equal last year.
Average thermometer 75, highest 87, lowest 59.
Memphis, Tennessee.—The days have been warm but the
nights have been cold. The long drought was broken by a
good rain on Wednesday morning, the rainfall reaching eightyfour hundredths of an inch.
Picking progresses finely. The
thermometer has averaged 76, the highestJoeing 90’5 and the
329
d.
7
7
TJplis
s.
d
d.
-a 7
ti> 7
1
1
04
64
«4
84a7 14
d.
s.
8*4 ® 9
84 ^ 9
4 a 9
d.
5
5
*
.34 a
a
5
5
5
5
87s 5
R7s 5
9
9
9
4
04
bai6
84
6*16
74a7
84 a7
84 a7
0 *2
64
7
0
84 a
8 3 uj a
83, ha>
34 a B78 5
84 a 878(5
RL} n>7
7^a7
1
32# Cop.
Twist.
14
14
6
6
84 lbs.
Oottn
Mid.
Shirtings.
Upica
d.
s.
8 ®7
®7
6
8
7t> 7
8
»7
7
6
6
'a 7
6
®7
•6 'Wl
7
6
«>
-a 7
d.
0
0
d.
5 4«
0
5^8
0
0
0
0
0
0
f>llie
0
513^
&716
5l4a
55s
54
5*
4s
5»316
[Voi. XXXIX
THE CHRONICLE.
330
'
August.—Below we give the rainfall
and thermometer record for the month of August, and previous
months of this year and the two preceding years. The figures
are from the records of the Signal Service Bureau, except at
points where they have no station, and at those points they
are from records kept by our own agents.
Weather Record for
1883.;
1884.
j
!
3-*2
i
VIRGINIA.
Norfolk
—
3-70
479
8
10
1884.'1383.] 1882.
7*06
15
y
13
n
“1
314
15
0 00
10
7
18
14
G-73
1*39
4-99
17
3-87
16
10
4
91!
2
7-70
15
D75
9
Murphy—
Rainfall, in..
Davs of rain.
2-ro!
9-47
5-45
is
11
5
13
4-50
000
2*91
y
453
18
9-5S
5-19
14
8 09
18
1-86; 2 94
3-89
1
5
i
8
8
2*18
8-02
5
10
Spartanburg—
2-30
nfail, in..
1
0-5S 12-39 12-39
10
10
12
5*23: 5-39
12
10 :
208
9
10
050
10
5-90
17
8
8 95
10
2-89
....
9-12
15
9
8 93
13
14
r
9
....
.
....
....
....
3-99
1 24
9
8
8
....
4-91
14
4-14
273
10
i2
t
5-43
5
7
15
.
....
....
....
1 "70
10
D88
4-2:
10
10
Atlanta*—
5-85
15
434
3-70
y
Rainfall, In..
Days of. rain.
Savannah.—
Rainfall, in..
D33
13
1*52
5
2-54 ;o-73
5
21
1-22
8
100
7
9-37
Days of rain.
Columbus.—
Rainfall, in..
Days of rain.
5*22
8
19
12
234
7
1-55
8
242
101
9
0
5-93
15
7-95
3-03
13
18
243
0
0*84
11
5-5G
5*22
9
y
2-05
1*47
2-94
9-10
4-85
4-02
8
4
10
12
10
Rome.—
....
2-22
1*20
5
4
Forsyth.—
Rainfall, In..
Days ot rain.
1-72
307
0
ainfall, i«•..
1*27
Andrsonville—
0
Days of tain.
8
Jacksonville.—
Rainfall, In..
4-50
15
12
Average...
231
7
292
12
2-48
1*05
2-55
0-67
8
0
7
4
3*02
0*73
17
4-01
10
5-OS
284
13
lo
2-41
8
9
010
4
1*10
6
4 31
18
1*77
7
109
y
10
9*83
20
7-91
12
3*59
0*58
7*50
0-33
4
1*28
0 32
902
10
1-77
7
215
10
1*73
13
0-01
y
10
8
12
0
0*52
10
0-00
0*30
7
081
2
7-85
11
20
9*28
13
9-2S
1-30
5-47
8
2
3 33
0
3-03
1-54
7
4 00
8
2*58
14
*8
....
....
14
5-23
1884
....
5-77
4-19
594
18
0
10
0-02
11
2* 0
13
3-16
8
5*45
10
1*97
7
DOG
8
1*71
11*
Days of rain.
10
....
.
•
•
0-89
705
18
19
Rainfall, in..
Days «»f rain.
1*55
5
-
1 (52
Rainfall, In..
Day.sot rain
ALABAMA.
....
9-50
602
11
It
14
10
ID00
5 97
li)
19
8-35
..
.
,
....
....
5*75
23
22
8*11
17
5*09 1033
10
15
8-33
19
5 35
13
0-55
14
....
5-05
19
•
•
....
....
.
957
557
:.l
iy
.
....
.109
22
....
1*18
2-62
13
y
....
8*48
Rainfall, in..
Days of rain.
!
8
12
Rainfall, in..
Days of rain.
Seim >—
It inf«R,In..
D > vs of rain.
1*18
5
5
1*27
2-53
Auburn—
tall. in..
Days of rain.
LOUISIANA.
205
0
3
4-00
13
3 31
S’52
1*2G
5-88
8-76
9
24
2-45 1202
2-31
702
12
1-04
0-93
3
10
5-51
8
1-95
2-9S
2-40
15
7 57
4-10
! w
8-0.
4*33
Vi
1
0*01
3-41
9-13
19
4
4
1
2-08
10
7 01
!0
20:
;
3 05
11
39.3
1 ,U
Greene Spr gs—
(5*29
21
50 J
17
0-78
8*5!
0-87
8
25)1 10*20
2)
10
2-45 11*52
15
9
2 80
u
7
3
0
13
4" ID
5
5-1
0* M
2-21
12
0
G
21
7 28
14
G-2-;
211
13
lo
5* 8
ii
....
4’03
.
T*18
2*31
10
0
4-33
5*41
18
i-j
Shreveport.—
12
21
2*71
4-1‘2
11
13
3
3 12
7
G*S4
087
•M2
20
8<r
LI
0* 17
24
1 99
0
(V72
3‘97
4
13
2*85
5
1 ’97
0
1-75
3
0-12
0
1 "77 12-00
10
4
DG3
5 70
0'(5
y
3
4*90
2*5(*
s
(5
r>
13
n
3-33
15
022 11 38
4
15
4 22
12
■D59
1* 10
0
Rainfall, in.. 11*47
Days of rain.
Grant Cote a a—
«*V) i‘2-i*r.
0 S3
11
O-C0
3
:
Rat fall, n.. 11-03
17
Days of rain.
MISSI'SIRPI,
Columbus.—
...
...
....
rain.
3 97
0*10
2 03
f>
1*5
0
7
!
315
9
3 11
830
12
2* 10
o
11
Newport—
Rainta'l. in..
Davs of ram.
Fort Smith -
Rainfall, in..
Days of rain.
11
11
S
11
1-Ri
3
13
9
O* ).«
3 00
8
to
2-25
1
1*3
5
5
>
D7!)
2*75 13 35
7*30
13
.s
11
0
0-20'
5-54
8
4-42
17
2"50 10-25
19
•3
2-90
7
....
....
12
5-30
0
2T.9
10
207
7
5-8!)
o
3
5 9S
(5
8
*
907
01 *5
01*4
7,1 1
570
730
77-0
99-5
04 0
79-4
SH-5
85*5
40-5
084
87 0
450
05"3
91*0
90-5
97 5
04-5
805
91*5
94*0
00-0
78-2
53*0
00* .*
77-4
93*4
00-8
77 2
94-0
7o*7
93*0
oo-o
77*2
75-0
70-9
920
010
70*4
85-0
3*v<)
03 0
80 0
870
49- *
07-7
85-0
570
71*5
89-0
80-0
60 (1
730
900
570
04 7
800
5 4-0
720
:...
50 o
730
850
55*0
07*0
R5-0
05*0
72 0
88*0
500
743
80*0
86-0
50*0
09 y
930
90-'*
02*0
771
9S*0
0DO
77*2
93*0
000
81-1
950
930
030
(wo
82-0
80-2
92-0
00-0
78-8
95-0
530
71-0
94*0
690
80 2
9D3
00*5
74 8
910
48-0
70"8
87*0
5D5
71*7
99-0
04-0
97*0
95*0 101-o
750
803
(9 2
82is
780
90*0
05 0
79-
97 0
03*0
79 3
94-0
07-0
81*3
90-8
53 2
8(V0
80 0
40*i»
00" 7
87*0
5 4*0
0U-9
900
90-0
58* C
77 0
930
54-0
7J-o
94-0
59-0
Highest
S. CAROLINA
Charleston.—
Lowest
Average
Spartanburg—
Highest
Lowest
Average..
rvVO
....
08 3
321
....
....
...
54"*
Average.
75-7
0
;
observer sick balance of month.
37*0
00 0
5 4 '*
73’3
•
891
0' "4
....
....
92" 100-0
020 0 •()
540
75*0
730
8>-4
ol"0
7u‘o
....
75*5
....
03-9
75-0
01*0
794
07*>
(<80
81*7
50 0
807
....
\
r
r
t
r
a
-
^
*
t
*
♦
-
,
.
.
m
.
....
89*0
530
712 4
93-0
03*0
90-0
00 0
70O
705 7o*5
950
GU 7
920
575
74 2
HIM): 8yO
800
9D0
85*0
83-0
4:5-0
49 0
O'J-4
080
0R0
9T0
c
^
^
....
...
....
....
....
86*0
530
71 'I
Highest
93*0
98-0
90-0
04 0
0S*O ,
02 0
....
....
....
....
....
9D0
0()O
95*0
9?0
00-0
05*0
9 5*0
(HO
70-9
91-0
0 DO
79*3
930
79 9 77 5 70*2
GEORGIA.
OO'O
i)4 5
Lowest
1
44 0' 430
74-0; 70-5
S5-0
lighest
TO lf
A verage.....
Savan nah.—
90-5! 910
n>0 M'O
Highest
Average
Columbus.—
Highest
Lowest
Average...
..
lj 72 7
95*0
91 0
(52-01 OO0
89 0
ROM.)
78’Oi
bJ'Oi 70-'.
75-1
77-4
870
OOO
74*2
91-0' 91 *0 97-0| 90*5
95 0
OS-5
s2'4
99*5
92-5
0?*n! (59 n
8441 8D5 7*7
95-0
OV5
9(5-0
00*5
00*3. 7U"S
G5*0i 02n
50'Oi 5.8*5
72 8j 75*o
7i'0'
72'oi 73 8
A verage
9D0
S3 0
45-0
070
8-:0
50 0
70 S' 70-15
88-0
45-0
500
77 0
95 0
f»2 O
72 0
03-0
(53-0
78-0
930
ODOi
98*5!
H5 "2
00-
lj
00-0,
A verage
74"4
70-4
FLolil DA.
Jackson ville.—
Lowest
A verage....
Ce<tnr Keys.—
I .invest
5-40
10
Averag *
Madison—
Highest
70*0
7S'7
93 5
70 0
94-5
7 0
80*9
(5.«*5,
84-1!
90-8
9D(.
9
Doj
02 0!
50 0.
75" 1
70-3
78-21 82-1
•
92-5!
(55*-4;
08*0
79 9
83".a
1
o!
o|
.
830
0.8*0. 43 0
75-0; 65-0
75-(5
980
980
90*0]
(530
90 0
87*1
79-0
HD.*
79 8
00*0
09*0
80-8! 81*0
92*5
9'3-0
09-9
72'0
92 0
70"0
8D2. 83*7
8D4
90 O'
7D0
7 > 5
70*0
9?-0
72*0
81*5
900
7(5 0
79*0
otni
7i»"5
.
92-0
05 0
7J o
0 *-2
82 9
SO 3
..
91*0
08 0
95 5*
95
01
..
9*5-0
50
81-1
7DO;
Highest
14
93-0
955
00*5
—.
9 -0
580
70 0
98-0
01*0
800
IkS'll
90-0| 87 0
9D0
03 0
78 0, 79 0
9IV0
0‘)"0
7 Du
9!-0
8e0 79 D
95*(i
74 0
83-0
0*
(53 O’
OD
70-9
73 !)'
72 0
020
91 O'
715-5!
..
74 0
810
tiiJO 0»*0
90
80-5
895
8->’3j
80*7
95 0 9 DO
91
02-31 54*0: 54*0
90-•
Highest
0*
93-u
05*0
800
0 >0
9Di»
970 97 0 910 98a)
05) 0 05'0 7:0 7-4*.»
79 0 78 7 8D4 83 8
92-0
OK*
74 2
Lo w ost
1 iig';est.
050
750^ tsi oj 82-() 80-0 SCO 8;)-(>
80*0^ 91-o|
91*0 80-0
:54-0| 42 0
7 DO 050
93-u
tiu, V3't) n.ru
80*0!
!*3 O' 93 0 5-3 0‘
f>l*o! 4O-0I-4S0' f>*5"() (52 0 5VOI t.?-,*
75 0 159-0!-OirO 74'0i 78 0. 7S*(J .82 0.
.....
95 5
72 0
97-0
't'M)
S3
9l*. i
ol
79-2. 791
90-4
0 3*4
89*0
92
9D0I 03*8
03 8! *U-0
93-0
1*0! 5S-0
7o"ui 70*;:
5
81*2 80 3
01 9)0 900! 95*0
000
f)s-0, 440 50*0 01"0 72-Oi
i2Ui uni)
70
lighest
Lowest
Average
Rome.—
II ighost.
Lowest.
0(5*0
910 100 0
050 71-7
8 r9 83*4
OR.)
79 0
55-u! 400 4rrn| 57’<
Lowest
9D8
020
768
97 4
90"0j P4-1
44 01 47-Hl 59*8
7‘>0i 70-4 750
97:0 91-8
90";
03o! 00*8! 05*0
79-2 790 MDO
.
Average
90 0
7'i-1
80*0
09-8;
81
"3|
ALAB IMA.
Montgomery.—
Highest ......
Lowest
month
5 Do
'
Highest
Lowest..
373
....
05*u
900
Lowest
Sanford
....
75 0
95-5
43-0
Lowest
Average..
8
4
4
only Inst 13 days of
1*05
025
2* 11
*
y
D00
0
*
::::
10
370
*
2*30
7
4*11
76-1
90-5
03*9
75*0
90*5
uso
94-0
500
75-0
Lowest
111
4-35
1-5
*
3-10
5
5-OS
13
92*7
()'•()
9L*(*
52 0
850
..
|
....
4-07
8
96*0
70-9
44 0
Highest
"
5
4 "55
4-50
8
2-10‘ DSu
92*0
04-0
78*0
0 1*3
87-o
Lowest
/.v<>rag
0
3-01 10-1"
18
12
03*5
58-0
70*9
80-5
47-0
030
Archer—
j
0*20
10
8
1
90-0
54*0
900
91*0
070
7j-7
77*3
89-0
425
05"8
400
09-3
Average
1
9
(d
li
2-00
4
0-20
Rainfall, in.. 7*05 3*94 10-53
10
»
Days of rain, ! 15
ttijo-unt Id t—
i
30
10
12*45
Rainfall, in.. ! 1025
Rainfall, in..
1> lys of rain.
7 70; 3-4*
4*3 3
8-95
5
RalnlaV, ip.. 11*31
D .ys of ra»*n. i
y
j
i)
503
400
92-0
03*
75’4
93-0
00-0
780
9T0
02*0
772
935
51-0
73-9
040
70-0
Forsyth.—
Highest.....
-
Greet vibe-
Davs of rain.
Helena—
r,*40
4
40*5
1G
(5
930
70-0
79-0
970
0 v5
81*5
89-7
700
70-0
Kndersnnville
Raintall, in.. 1*93
(5
Days of rain.
Vicksburg.—
Rainfall, in.. 11 7(5
13
Days of rain.
Brookha v n —
hainfall, in.. 8*5*0
90*5
02*0
7d*2
790
71'4
04*0
97-0 102-0 100-0
K4 0 020 03 ()
70-8 79 8 78-0
verage.
I
New Orleans.—
Rainfall, in..
Days of rain.
92-0
924
04-5
590
Macon.—
!
94*5
01*0
702
05-0
ti.3-0
77 9
93-2
995
Lowest
4
t.
57*0
Average
Atlanta.—
y
AU-JJb
1882. 1884. 1881. 1882.
1884. 1883
—
930
A venue
....
loo
...
•...
51*0
72 4
Lowest.
....
0-04
91*0
Lowest
Average
....
....
0
....
....
48*0
Lowest
*
....
...
o-oo
3
....
....
4
....
....
4*05
4
....
—
5
...
....
90*0
St at r burg.—
4-70
13
2
9D0
Aiken—
Highest
8-01
13
002
0-32
1*55
7
6-50
12
5*00
13
44-0
78"3
.
Murphy—
8-14
17
10
11
403
10
930
o-o
08-7
Average
a
....
3-37
505
5
04-4
000
Highest
Mobile.-
Little Hock.—
t.
10
...
....
6 88
13
2 87
95*8
855
47*o
Gha rlotte—
14
7-03
17
1 29
9
93*0
56-0
7.2*2
84-0
480
5D2
7R5
Augusta.—
Montgomery.Raintall, ni.•
Davs of rain.
ARKANSAS.
10
4-05
....
....
002
G-0S
....
....
5*M
17
5-21
0
95 3
58*5
70 9
88-0
Highest..
Lowest
472
....
4
92-5
53 o
73 4
450
030
A verage
7
7-80
7
...
021
4
1*40
83-5
89-0
41*0
00-3
Lowest.
1-72
5
4-11
3
2-44
«
.70'".
91*1
5 i*9
680
Kitty Hawk—
Highest
10
4 35
11
8-73
7
1-22
....
1893. 1892. 1384. I
13
0*(0
0
1 54
5
....
18
532
4
012
0
....
10
7*45
10
4
2*19
5-77
12
D28
O"’0
2
0*83
5
....
....
9-53
Mid.Caps Fear-
1350
Madison—
1*04
11
1*38
10
Highest
4-72
overs
0-84
8
Highest
14
r—
'
375
10
Lowest
4-65
1G
*
5-50
....
R.I>.fall, ir..
!*a\sot
0-01
ir.wwt.—
8-41
10
3-51
3 27
4
9-41
15
2"75
5
....
0
Days of rain.
Cedar Keys.—
Rainf «H, In..
Days of rain.
am
8-42
13
Wilmington.—
Highest
FLORIDA.
i
2-40
14
j
N. CAR’LINA
472
18
259
7
2-00
012
12
229
4
3*55
12
082
10
Lowest
Average
15*7*3
15
210
12
940
y
5*35
14
4*24
8
4
VIRGINIA.
%\
Macon.—
Days of rain.
4-30
17
335
14
8-10
15
Average
3-50
0
Rainfall, In
3-80
3*93
1.2
8
1
3-91
7
Highest
1-20
3
Rainfall. In .
Days of rain.
2*21
10
3-25
12
4-12
530
3 17
5
Lowest
2 47
7
3-21
11
1*70
7 00
May.
....
2-41
7
3-29
9
410
12
1*55
y
Norfolk.—
Highest
....
....
7*30
11
4-50
13
3*49
17
10
Thermometer.
••
•
1*27
8
4*15
12
2*38
15
13
1
4-13
17
4-92
Austin—
1-03
547
10
13
Rainfall, in.,
Days of rain
1-01
...
....
....
t
4-39
1*78
14
7*27
17
Clarksville—
9-32
12
2-81
11
9*80
Raiiifal', i i..
Da s of rain.
6-12 10-05
11
10
5-35
13
309
*
i
9-52
4*00
17
1 "85
10
914
i(5
....
4 25 10-70
8
10
725
W
7
4-34
14
2 00
....
5-38 10-50
0-03 12-001
14
0
2-.88
10
.
3*97
GEORGIA.
A ugusta.—
Rainfall, In..
Days of rain.
Sanford
18
205 0*33
Rainfall, in.. 17*25 2-85 7*50
8
0
14
8
10
Days of rain,
New LJlm—
3-33
282
12*25
3*07
Rainfall, in.. 15-25
0
8
7
5
13
Days <'f rain,
For* Elliot—
1*00
0-80
Rninfab, l ».. 6-29 4-50 7*13
8
13
15
5
10
Days < rain.
Clelmrne—
10*09
Rainfall, in.. 5-03
11
8
Days of rain
;
8-20
22
3*10
8
6-40
10 x
5*03
12
8-25
15
«...
0
Stateburo—
Ruinf •!', in..
Days
r in.
•
1*82
7
....
313
tg-ain.
•
•
10
Days ot rain.
Aiken—
Ram all, In..
Anh
4-84
12
Palestine —
CAROLINA
Charleston—
Rainfall, in..
Days of rain.
i
3*18
15
5-10
7
Days of rain,
n
0
2*51
7
Indiano/a.—
Rainfall, in..
12
1883
3-80
3-90
Days of rain,
3*9-5 15-30
10
!U
7-9)
11
y
0*44 11*25
12
13
308
7
17
101
1-9S
015
15
8*31
11
4-02
1*5)
4
MLd.Cape FearRaintall, in..
Days of rain.
-
13
TEXAS.
Galveston.—
Rainfall, in..
2-95
10
4 48
14
9
10-70
4 09
0-57
14
4-57
7
222
17
D39, 322
8
i5
4-4
13
of rain.
Davs
6-55
14
3*79
17
G53
17
•
Charlotte—
Rainfall, in..
Ra
6-40
Rainfall, in..
Days of rain
"i
7-70
IS
19
Austin —
8-29 4"71; 8-89
Ov>
iG I 13
2-90
7-94 10-81
1-4.0;
1*80
2-91
0
Days of r in
Kitty Hawk—
Rainfall, in..
Days of rain.
*
1884., 1883., I8t>2.
'
Rainfall, in..
B.
11
734
11
Rainfall, in..
Days of rain.
August.
|
4*79
11
Ashwnori—
'
Weldon.—
Days
6-52
6-45
11
5-87
4-00
9
1-25
li
Rainfall. In..
Days of rain.
N. CAR LISA.
Wilmington—
Rainfall, in..
Da vs of rain.
1
•'
1882.! 1884. 1883. L8vS2.
358
Days of rain.
Memphis.—
Rainfall, in..
Days of rain.
August.
Iro2. 1884. 1883.
1883. 1882. 1884. 1883. 1882. 1884. 1883.
1884.;
TENNESSEE.
Nashville.—
Rainfall, in..
July.
June.
May.
Rainfall.
Rainfall.
.Tula.
June.
Map.
Avor:i"o.
...
93-1! 91"3
59-41
7'-el
98o
(!•■«"2
"2-4
82 8
O.VO! 07-0
SO-3 78 0
90-6
.September 20,
1
•hilu.
Jun*.
May.
Thermometer.
MolAle.—
Average
Greene Spr'ys.—
HI hest
Lowest
Average
..
.
Forsyih.Ga.-In many places drought of over three weeks, and several
days of very hot weather. Up to this time there is le*s dropping of
fruit than common. Frospects generally encouraging for cottou. Very
little picking yet. Two weeks behind in this respect.
Andcrsonvillc, Ga.—L »tter half ef month very dry. but as a whole
Axirns-t
1884. 1883. 1882. 1884. 1883. 18?2. 1884. :as3. 1882.
18>4. 1883. ia82
Lowest
02’?
58T
74’0
96’5
47 3
72 9
91*5
59’4
72 0
90 0
HI’7
77 8
09-2 1000
7U’0
8P3
Hr 5
81 "3
9*»*fi 10P0
09'5 71*0
83'0
80' 1
96-5
03*8
78'0
950
03'0
78'7
<»9*4
030
82*0
90*0
70*3
79*4
89*0
50’O
71’3
86*0
86-0
920
5S'i
73’5
94’0
020
?3 2
94*0
6(V0
79’0
P5’0 1020
7(>’0 0ST)
82'0 8i'8
830
050
930 100-0
04'0 080
770 8 *'2
87*0
70 0
770
40*0, 49'0
08’3
08’0
79'3
Lowest
8T0
47-0
Average
?u*0
801
81’0
87 0
4<> 0
06 0
4 7’0
551*0
600
730
8"*0
41’0
09’5
ai-o
RU-0
40’O
58*0
7 IT
as-o
56’E
88 3
5S'5
74 4
90 9
68 5
930
49*0
70’4
99*0
03 0
02’0
50’O
750
89’0
59’0
700
90’O
00'O
78'0
92*<"
01*
75’0
93*0
89'0
59*0
77’0
64*0
i‘6'0
04'O
80 0
880
0OO
7uO
OO'O
930
04 0
0*0
730
780
910
530
7i*7
93 0
GL-0
770
87'0
070
770
Avbum—
92*0
Highest
57*0
72’0
Lowest
Average
LOUISIANA.
Nexv Orleans.—
Highest
80-2
Lowest
Average;
01’7
70’4
74*o
070
79 4
Highest
90’0
94'8
Lowest
57’0
49'(i
A Venice
71’0
73* -i
70'0
....
880
08 0
75 0
....
91-8
08*4
80’7
91'7
74'4
94*1
07’2
81’ I
85'3
83'5
918
92-n
09'8
80 5
74''•
93'4
05 "5
82'3
9.2'5
910
72*5
fcO 5
73'5i
S3'3
79’4
99 4 101*0 104 0 102*0 B lOO'O 104*0 102'0
*
C4*0 03*8
3 7 59’0 71'5 71’0 04'O
81*0 804 86’2 83'9 79'7 810 HL'0
970
05 0
78'9
'
Grand Coteaxi—
Highest
Lowest
A verage
MISSISSIPPI.
Columbus.—
Highest
89’0
54(1
700
LoweBt
Average
Vicksburg.—
Highest
as-o
59'o
73’5
f
-
-
-
•
if-
91’0
47’0
Highest
87"
80*0
Lowest
Average
5 i’i
44 0
00 0
73’i
Greenville—
Highest
as-o
53’0
720
Lowest
Average
90'2
05"
.
80’8
.
900
440
878
57;
71 f*
Lowest
Average
Brookhaven—
.
08 0
.
....
92 0
on o
93-0
920
52’0
740
70'0
05>'O
82'0
78'0
02'0
750
....
7o’l
•
....
•
80’O
51*0
07’O
Lowest
Average
Maunt Ida.—
Highest...
84’0
.
Lowest
Average
Helena—
4h*<
05’5
Highest
J
<
w.st
Averago.
..
Ncu-port—
Highest
Lowest
Average. ....
Fort Smith—
Highest
Lowest
Average
TENNESSEE.
Nashxnlle.—
84’0
40’O
06’O
86'0
40’O
07’0
80’<
38 C
050
93’0
57’0
700
94*0
5 i’0
75’3
84’0
54’0
84’0
94’0
950
480
06 C
95’0
50’0
38 0
911
401
08T
nn-5
540
75’3
07’0
01*0
7 7*6
94’0
52’0
77’U
90’O
53*0
73-0
•
.
82'0
.
.
• •
-
• •••
• ••<
*
*
,
81'5
^ .
95'0
75*0
800
,
•
•
-
920 1020
00*0
700
770 820
as o
020
720
020
700
090
01'0
890
59 0
700
770
76*0
99'0
500
920 1030
5*0
50'(
70'<
75 0
90 0
"2*0
51 0
72'3
....
...
•
*
*
•
-
.
^
-
•
.
•
•
•
87’8
48*4
08’3
Lowest
Average
85’8
42’4
00*3
Memphis.—
Highest
Lowest
Average
Ashwood.—
Highest
....
.
.
.
92’4
54 9
70’1
95-9
93*0
930
498
70 0
*-8*8
01'1
03’4
92’0
58’3
73’i
78'1
700
950
570
78’2
97’5
5j’(
96'5
97'0
70’"
040
7a’1
81’8
80*7
94'0
05*0
79'0
940
87’4
Highest
Lowest
Average
Inniannla.—
Highest
Lowest
Average
Pal stine.—
A verage
Kexv Utm.—
Highest
Lowest
\ ”ei age
Fort Elliot—
High st
L west
.
Cleburne—
1 lighest
Lowest
Average
Clarksville—
lliglie-t
Lowest.
Average..
A ast in—
Highest
Lowest
,
415
.
*
the
by the ueat.
Vicksburg. Miss.—PI inters in this virini y report
rain as much needed.
I
shedding to considera¬
Greenville, Miss.—Excessive drought causing
ble ex ent.
Mount Tdn, Ark.—Very hot
Cr-ms damag' d, cott »• on the
and dry month; no rain since the 7th.
"plan ts nearly burned up.
Helena, Ark.—Rainfall has been but slight and crops are suffering
badly over fully nine tenths of this neighborhood, .as the rain* have
be n very partial.
R ist reported in many laces and shedding b idly.
Newport, Ark —There has been bur very lilt e ram and won1 h is fallen
has been very light showers. Indie ttions. of its being dry.
At this
writing it is very cool for this so wm of tue year owing, I thiuk, to a
heavy hail storm said to he Itfteen miles south of this pain .
Fort Smith, Ark,-The prospect for cottou and eo-u is better than at
this time last year. Cotton picking his commenced. From rim 3d to
the 25tu the weather was cool; since when h'gh temperature has prevaile l, bringing the average temperature up to nearly tlio normal. No
damage by storm during month.
Ashwood, Tenn. - Very d-y during month-. Cotton not promising.
Cleburne, Tex.—The drought and hot. a?r have parched vegetation, the
cotton crop being reduced much below an hv *rage.
rile crop in this
county, unless there happens a late frost, will bo but little ov-r onethird full. Appearances
some time to come
indicate a contiuuauce of dry, hot weather for
Clarksol'e, Tex.—The best cotton crop in this e maty since the war.
Austin, Ter —The amount of raiu was imippreeiab o on rile 1 Sell, 19th
and 24til. Raiu badly needed; prospects for cotton crop pretty slight.
Crop.—Advices from Alexandria, of date
Aug :st 23, are as follows: “The news from the interior con¬
tinues to be good; the prospect could not bo better.
The
temperature continues to keep cool, while the Nile has begun
to fall slowly.”
Texas Crop.—The Galveston Daily News of the 9th insfc.
Egyptian Cotton
reports on the
sections of the State,
cotton crop, of date Sept. 8. from all
which were summarized editorially as
• •• •
50'5
00 0
75*4
54*7
74' 1
930
000
77*5
97
02*
77*;
91*1.
>1 5
7i>*
92 0
01 0
70 0
920
.OO
70*3
9S" •
92
50 -
0
8510
500
95'i
700
88’0
52’0
891
as-o
09*9
04’5
42’0
000
940
58 0
74 0
91’0
52 0
770
971
4U’(j
84’f
420
059
93 0
630
74’U
920
940
04’0
530
90'0
02 0
721
75’6
77'0
030
58 0
71‘3
0TH
00 0
91 0
08 5
82’9
015
70'0
81’3
94’*
700
85'2
940
740
83*3
mo
930
07-9
80’2
9 09
5
00'
68 7
980
70’2
82'1
81*1
S'2’0
950
040
79’4
90-0
55'0l
730
93’.5
e;3*0
8J 7
00 0 POO 101 5
Ol'O 7 1 '5 0> 0
80’3 84 s 82 0
9301
900
95) n
99 T
4S*0
41*0
01'S
71’5.
72'5
79 9
80’O
42’0
00*0
70 (
835
040
78'8
84’4
59 7
75 9
85 (
870
01 0
62'U
75’2
88*»
9' 0
02'3
70 V
90’0
800
50 0
095
90 <
51’..
72'8
09’5
77*3
910
53 5
7i i
93 V 91 ‘U
5iT» 5 8*11
73 0 73 4
9’. 0
890
30 0
01’5
-H'O
90M>
a.m
630
3 sc
.
75’6
•too
75’8
59’1
81'5
0tr4
0*o!
53 2,
72 1
92 0
90’9
400
5S-0I
30
93*0
70 0
83*8
950
75 0
84'0
9)0
7 I'll
81 4
95’ 1
73'7
83'5i 820
9 4'.
7 5 I
83
515 0
7 i'0
84*9
»:vo
96*0
72T
830
71 0
8- 5
97*5
93 0
517'
S)7'<
710
0 1 0
62''
"5'0
810
79'H
8 »*
1
til',
910
-40
7 4* 4
98 2
(5v4
83 4
j
04 0
540
70’1
....1
12'0
930 I no 0 10
•
82'0
820
« 5
9s*(
f 5)0
(0
5:t*
.3'.
83*f)
920
73’9
....
040
82’7
101T)!
770
h8*ol
0 1*0
79 2
98*0
00 0
7 7'0
970
4 s'O
7i»*5
5'Sm
5'l'n
85 3
90O1
ii
53*1)
<1 5'
101*
0 •'«.
....
.»>*
•5
9 ' *0
70 0!
85 7i
....
*■
HU 5
70 0
S4'L.
70'4'
•
710
820
75'2'
50*0'
77
620
77* 3
75*0
930
09'0
1
830
001
68'3
5ii’0
-8 0
>
92 0
5 0
75'3
9s'0
....
?o 0
.30
1
puhlislio l by The News this morning show a some¬
for even an ordinary micturu of c »tto i for the year
1884-85.
In some few sections of the State — nit the sections are limit¬
ed—the prospect is averagely fair, vet tuk»*u as a whole ilie outlook is
far from flattering.
The record made uo this morning, being as late as
the 8tli of September, gives an appr-« iiide id’.t of wut the crop is
likely to Me. The severe rains an l fl >ods in t »e spring on i e irly Hum¬
mer retarded planting operations to siieli an extent
tliir. tie cotton
crop was thrown from one mouth to >ix weeks Ute. an l this hoiug fol¬
lowed by a two months’ drourli. the plant w vs elioeke l anl cu
of its
fruit-bearing capacity. In a few sections of the Sr ate these conditions
did not prevail, but this will not prove of sulll dent consequence to
bring the average up to anything like fair prop unions. Th i acreage in
cotton is estimated tit from lpt» i5per emit increase, but tiie goueral
condition at this time is perhaps 20 per cent
or.se Mi a i it was last
year.
The mins that have fallen recently have com i too Ur,.- to be of
much advantage,
iris possible, w.Mi a v *. -v ur.o fdl anl extomnly
favorable conditions from now oil, mat some cotton may in*. b*net1tt-d
ill refrom. Mut the great bulk of til * cr »p is cut irretrievably short.
Theie s now more danger from co irinuous rdis dung injury to the
rop than there is possibly of bemdic th r fr nil. an l alt di it may
reasonably be expected from now on is thit f It * c > nli< io t will h »l l Its
i.wii
Of course it would be purely proii em meal t • p.’edict as to the
st'Oeitie cotton outturn of t he 8t»te fo • I 8 I-< *. biti, ab indications
point to even a shorter crop thti th it of to • y *ar ju t close l. A good
goesser would strike somewhere bctwciu
1.000,0 JO and 1,10 bOJO
“The crop reports
what poor prospect
.
Hales.”
Daily Crop Movement.
comparison of the port movement by weeks is not accurate,
as the weeks in different years do not eu l on the same
lay of
We have consequently added to our other standing
the month.
tables a daily and monthly statement, that the reader may
constantly have before him the data for seeing the exact relative
movement for the years named.
Tiie movement each month
since September 1, 1883, has been as follows.
Comparative Port Receipts and
—A
513-1)'
7i >*•'■'
34 s'
....I
following remarks accompany the month's weather
reports for August, 1884 :
The present in<li«,ati,>ns are. that there wilt t:m aver
of boih emu and cotton in this section if the frost is not va ry
Weldon, N. C
—
early.Stateburg. S. C — Drought, which has been more or 1 h- prevalent
(some narrow strips of country partially excepted! fori.n* ca r ilnee
weens, and whi h still continues, has injured cotton scrim-.-.
riier ■
will be little or no top crop.
In some places the plants are n»»w with red
and diicd up past r«coverv.
Columbus, G k.—Cr >ps in this whole section have been U d y n j ired
nyurou lit. but it is hard to say, at this time, to what e\o- •. cmioi
pening rapidly and should tins weather continue foi a f.*w weeks,
the crop in tins sc -tn.ii will bo marketed as early as Iasi yem.
•lacon, da. — There h s nem considerable change in tn • cr.» • < uriook
f-ioc--my last report. After a large amount of rain m uly and s •me.
ear ly in Aligns’,
lie dry weather set in about Augusr, O, i ,.|> muied,
ami it has one much h inn, causing cotton to stop growing ,t <1 try up
m tking bolls drop rapidly.
Rains are reported in some pi.te s o.u there
has been none in town.
It i* very difficult to form any eo •
opmi n
oc ihe c op.
Reports ar.*. conflicting, and crops are very >p »n«*. I. I fear
rains now Will not save the top crop. Cotton is opening modi
an i
picking is now geiu-nl. I think ine o itturu in this seen m can h udly
is
exceed last year.
her L
Year Hegio•••-•*«/
.1
The
2d.
Bmokhitven, Miss —Cotton doing very well up to the present time.
think a fair crop will oe made if the Warms do not take it.
Receipts.
ate clop
weeks—August
Sh'tveporl. La.—Crops are said lo he materially damaged by the
drought which lia* prevailed in this section to * the pas* few weeks.
Grand Cot an, La.—Drought (wiih slight showers only) since June 24.
gave
.
88-7
90’0
490
07’1
49'0t
A venum..
.
91*3
87M)
410
08’4
849
520
Lowest
.
.
t'4'3
80-8
54’0
00 0
50'0
75 4
Highest
go
71*5
103 7
53 4
70*2
TEXAS.
Galxjeston.—
r
•
.
91’2
53'8
70-e
90’O
590
75’5
8V0
42 0
08 8
Average
A v
•
•
500
920
0)0
430
....
f
•
5)7 0
000
S3 0
o5’4
81*2
07*0
78*4
9 40
1045
• • • •
950
050
99*0
80*5
-
800
900
040
090
.
^
010
9 4'0
050
80 0
9.8'0
75’5
•
93*0
08'0
92 0
90'0
03 n
85 5
....
83'0
930 lOO'O
42’0 00'0
75 0 tl'O
01’0
•
injurious to the cotton crop continued no u ly fmir
•till to 2 Mil—0*70 inches falling August 4. auil 0*3 4 inch on August
Nem Orleans. La.—Drought throughout the Slate, especially
northern part, by which cotton lias suffered greatly.
follows:
Highest
Lowest
Average
Axis tin —
Highest
Lowest
80'0
48 C
05 (
....
....
99’0
72’0
•
73*0
83'3
97'-*
025
79 2
030
74’0
•
07 0
84*3
93'0 I01O
50*0 00*11
7.0 34'0
02’0
....
9 20
940
00 0
80 U
800
0 4’5
90'1
98*0 107’0
02'U 04(1
81’0 84’0
90’5
07 0
8L'8
90'0
00*0
74'0
930
07 0
76 0
82'8
9S’7
74’2
t2'9
80*0
48 0
0u'U
•
09' 0
09’0
570
80 4
95’
•
...
90 0
03 0
97’2
62*2
77’2
•
....
.
92'0
97’0
07'7
85'0
93’0 mi n inn-0
52’0
58 a
57-0
70’O 8lu 82’0
9 V0
52’0
71’4
....
....
930
59 0
7<’l
A K KANSAS.
Little liock.—
Highest
,
C<»Co.i. first crop good, but second eiop .-enrolled
Col umbos, Miss.— Diyosfc month for years.
i
Shreveport.—
82’2
53*1
70’4
August • us been favorable to maturing crops, especially cotton, which
is turning out well.
Archer, Fla.—Cotton crop looking very bad with rust. Not one-half a
crop i. likeiv to be gathered.
Greene springs. Ala. - Rains remarkably light Uiis month.
A drought
verv
Selma—
Highest
331
THE CHRONICLE.
1884.]
1883
343.812
^ept’mbb
>ctob'er.
1,046.092
1882.
326,65b
930.581
lovemb’t l,030,38c 1,094.697
Ucoemb’t
l
,059,653 1,112,53b
487,729
/anuary
February
383,93?
March.
241,514
xpril
..
111,755
....
752,827
595,59482,772
183
1880
l
1879
1878.
429.7' 7
458 4
333.643
853.1
968.3 l
388.49
288.848
689,264
1 006,50.
942,27.
779.237
996.** .*.7 1.020, HO 2
956.46;
892,664
647.14'
616,727
974.ui
437.7 :7
571.70
29i.i* <:
572.72 s
447.91-
56 4.824
257.n:»
•
476.58 1
261.913
302,955
158,025
110.00 i
166,459
84.299
234,51!
14 ' .5 •
»
23 4.2 46
1 13,57 5
190.0.4
131.871
May
45,91*-
Line
31,682
185,52
78,5o i
68.»>7
•
88.455
29,472
Tuly
19,504
42,299
36.8'.*
*
78,572
54.258
13.983
August...
15,966
53,38*
24,837
45. ? 4 1
115,114
67,372
18,081
17,3 i 1
123
42,714
458
30,632
Corrct’us
Total year 4 83C.575 6,019.738 4.72 ,36 4
Perc’tage of tot. port
rec ipta Aug. 31..
99*59
99 6 2
Corrections
00*41
<
Total port
receipts..
100*00
O* {
100*00
•i
87 4 09.) 5.4.01 o;2 4,447 276
1 *0 oO
99*15
99 99
00*00
00*83
00*01
100*00
10000
loo-oo
332
'
THE CHRONICLE.
This statement shows that up to
Aug. 31 the receipts at the
ports this year were 1,161), 163 bales less than in 1883-83 and
130,211 bales more than at the same time in 1881-82.
The
receipts since September 1, 1884, and for the corresponding
period of the five previous years have been as follows.
Sept. 1
44
44
44
2,941
—
2....
1883.
3....
2,546
2,072
4....
2,519
1832.
2,765
8.
44
5....
5.04(
44
6....
3,704
4,969
5,600
2,S90
10,356
10,182
8.
5,868
a.
3,39*
5,636
18,859
44
7....
44
8....
8.20G
44
9....
5,6 Id
8.
44
10....
8,396
13,920
44
11....
6.214
9.466
44
12...
10.458
44
13....
44
14....
8,038
9,1715,283
44
15....
1C,'90
11,712
44
16....
10,205
8.
44
17....
12,970
8.
44
18....
15.397
21,868
11,760
16.59-
44
19....
16,996
15.195
9,606
Total
8.
8,194
8,143
8,579
S.
139,462
Percentage of total
port rec’pts Sept 19
....
1880.
5,075
7,215
3,996
6,169
1881.
Liverpool, per steamer Ilumaoao, 1,089
Boston—To L,verpoo per steamer Missouri, InO
Pcliladelphi a—To Li verpool, per steamer British
8.
2,264
8.
4,927
2,104
8,181
13,79.
13,051
8,616
9,315
Total.
10.459
0
1,086
Total
199
'*.***
1,029
11,688
ll*
200
1,029
400
370
12,773
carrying
down to
5,124
Galveston—For Vera
4,87s
New Orleans—For Liver
Boston—For Liverpool-Sept. 10—Steamer Iowa.
Baltimore—For Liverpool —Sept. 15—Steamer
Hanoverian, 2,574.
For Bremen—Sept. 11—Steamer
Nurnberg, 7b6.
Philadelpiii i.—For Li\erpool - Sept. 10—steamer
8.
4,S58
7,636
7,474
17,797
20.942
7.069
8,04;
1 < ,4J74
15,117
10,S7(
13.999
15,628
8,060
21,06*
16.191
16,364
20,900
12,215
12,995
8.
13.470
17,206
8.
Pennsylvania, 532.
Cotton
freights the past week have been
Satur.
14,071
14,95 3
Do
....
120,907
Havre, steam...'\.c.
02-77
01-63
0P5S
03 46
02-42
Bremen, steam.,.c.
Do
sail
Do
This statement shows that the receipts
since Sept. 1 up to
to-night are now 19,700 bales less than they were to the same
day of the month in lS83and 20,943 bales more than they were
to the same day of the month in 1882.
We add to the table
the percentages of total port receipts which had been received
to September 19 in each of the years named.
for
bagging and the market is steady in tone with sellers ask¬
ing full rates. There have been a few inquiries for large par¬
for present wants.
c.
Hamburg, steam.c.
sail
Do
L'o
Thurs.
.
m
.
c
Fri.
13
1]32*
....
....
....
....
710*
716*
716*
....
....
....
....
B10*
big*
516'
....
532*
....
m
.
.
_
716*
....
....
Blft*
....
516*
*
....
....
45t
Sg*
....
....
....
....
732*
732*
732^
732*
.
rnmm
Uo2'
32*
716
3g*
d.
sail
n32‘
....
sail.-.c.
Do
.
*1»*
Amst’d’m, steam.c.
Reval, steam
Wednes
....
1132*
5i0*
c.
follows:
as
°64®532' 9g4®?32*
....
n32*
c.
sail
Tues.
*8®532*
sail...r/
203,500
good demand
Mon.
Liverpool, steam d.
216,298
a
Cruz—Sept. 12-Brig Rolil, 500.
pool-Sept. 13—steamer Chancellor, 3,234.
.
8.
10,742
are
3
11,096
8.
orders
400
199
117.519
the small lots sellers
200
1,083
156,222
cels but the bulk of the
Am s'dam *£•
Bremen. Antwerp. Genoa.
Liverpool. Havre.
9,374
115
Below we add the clearances this week of vessels
cotton from United States
ports, bringing our data
the latest dates:
8.
16,595
Jute Butts, Bagging, &c.—There has been
our usual
follows:
are as
Philadelphia...
5,454
10,862
15,646
11,202
5,645
12,773
particulars of these shipments, arranged in
New York
Baltimore
Boston
1.391
14 751
1,029
Total
1,348
9,03b
7,637
4,493
6,105
6,405
6,474
’i<)9
Princess, 1,029
form,
3,490
1.0S6
,
1879.
5,037
5,609
10,512
Total bales.
_
B altimore—To
The
1894.
[Vol. XXXIX,
.
.
.
....
732*
?o2*
....
....
....
....
....
....
Barcelona, steam, c.
5i0*
5lh*
B10*
B16*
616*
Blb*
Genoa, steam
Xn*
91G*
9lrt'
5kU
918*
910*
910*
510*
Bl«*
5,
c.
lTh-sto. steam ..c.
Antwerp, steam, c.
For
*
V
916j
\
'
P
t Per 100 lbs.
Compressed.
quoting irtqc. for l1..? lbs., 10}<c. for
Liverpool.—By cable from Liverpool, we have the following
1% lbs., lie. for 2 lbs. and ll:!4c. for standard grades, but a statement of the week’s sales, stocks, &e., at that port. We
shading of 2)£(«>5 per cent can be obtained on large parcels. add previous weeks for comparison.
There have been sales of 2,009 rolls various grades.
Butts
have not been active though a fair inquiry is to be noted and
Aug. 29.
Sept. 5.
Sept. 12. Sept. 19.
bales.
prices are about steady. For paper grades the quotations are Sales of the week
55.000
63,006
57,000
53,000
Of wlii<-li exporters took
3.600
4,000
9,000
6,U00
1?4@2c., while bagging qualities are obtainable at 2;'a(9)2:t4e.
Of which speculators took..
2.000
6.000
1.000
are
2,0 jv
38,0*a
5,00*
-
The Exports
of
Cotton from New York this week show
a
decrease, as compared with last week, the total reaching 10,409
bales, against 14,488 hales last week. Below we give our usual
table, showing the exports of cotton from New York, and their
direction, for each of the last four weeks; also the total export^
aud directions since
the total for the
September 1, 1881, and in the last column
Sab s American
Actual export
Forwarded
Total stock—Estimated
Of wiiicli AinciNcau -• EstimYi
lot il import a the week
Of which American
Amount alloar
Of which American
period of the previous year.
same
Week ending—
J)c;.
28.
Sept. 1 Sept.
*■
11.
i
Liverpool
7.S,'3 10.453 13,909
Other British ports
1,233
Total to Great Britain
9,11G 10,720! 13,909
Havre
Other French ports
85
Total Fkencii
S3
|
Sc)>t.
;
16
9,374
Sept.
1.
26.6i '5
267
203
5.<fO<>
3.000
5,000
5,000
737,00
6 '»7."0)
44 6.000
417,00*
15,000
5.0 K
050.004
38 t.OuO
I6.O1X
13.00*
6 %,OOi
19.00*
25 0. K
15 0»»«*
59.O00
19
<0
8.00*
80.6O0
23,c0o
39,000
5,000
3,<i00
622,000
356,000
2S.OOO
13,000
58.000
26.000
Liverpool market for spots and futures each
day of the week ending Sept. 19, and the daily closing prices
of spot cotton, have been as follows:
Sa me
Total
since
'2071
126:
41 ,OOc
The tone of the
Exports of Cotton (bales) from New York since Sept. l. 1PA4
Exportedto—
38,000
period
previous
gear.
23,1
•
5
1,250
9.374
26,372
24.357»
115
4 19
6,<579
Satur da
Spot.
Market,
'
12: )0 1* m.
»
1.
8teady.
Mul Upl’ ’s
Mid. Uii’ns.
Monday.
Tuesday
Wednes.
nursd’y
Steady.
Easier.
Steady.
offered.
Gipi
6110
a
6x4
6*19
Friday.
Fr 'flv
Quiet.
6
n
6*4
oq
10 O JO
12..RH-
8.000
12,0*)0
1,000
10.000
8,000
.1,000
2,000
2,000
1,000
1,000
Very weak
Quiet at
2-1)4 ad-
Sales
Spec. A exp.
*
6^8
3n
Fid arcs
12 di
203
1
Bremen
Hamburg
Other ports
1.921
Total to North. Europe
1,921
115
Market,
449
12:30 P.M.
C
371
200
571
1919
3.174
4 00
400
3oo
600
971
5,7-3
<L'0:
30t;J
1,260'
371
|
j
!
All other
2' 0
620
3.820;
j
3:6
370
604
Total Spain, Ac
820
9,*20:i
370
370
3.497
Spain, Op’rto,Gibralt’r,A<
Grand Total
11,912 15,866 14.188 10,459
2.S93
Market,
4 P. M.
The
(
(
at 1 -"4 de¬
cline.
Quiet at
Firm at
c.iue.
2-64 de¬
cline.
Qaiet.
.Easy.
Quiet*.
Steady.
--
VilwC
Weak.
.
Quiet
(
b:it
£
P*
opening, highest, lowest and closing
Steady.
c’teady.
it mires at
prices m
Liverpool for each day of the week are given below. These
prices are on the basisx>f Uplands, Low Middling clause, unless
otherwise stated.
iht if.^
,
4?;d d U3 itirims
28.662
l-i'>4 d
are
*>
given in pence and G4lhs, thus: ft G2
means
»-G4d.
5
62-64d.,
40,254
!
■
S opt. 13.
Shipping News.—The exports of cotton from the United
States the past week, as per latest mail returns, have reached
Olon., Sept. 15.
1
1
Open High Low. Clos.
Low.'
Clou.
ipt/n
Hiqh Low. Clos.
•
Open High
Tues., Sept. IB.
the Southern ports are concerned, these
are the same exports reported by telegraph, and
published in
the Chronicle last Friday.
With regard to New York we
include the manifests of all vessels cleared up to Thursday
night of this week.
12,773 bales.
So far
as
To'al bales
Ci \
Kew York—To Liverpool, ner steamers Aurnnin, 1,7,02
of Chestt r. 2/ 0City of Chicago, 1,42 7
Sirius, l.-SA
Wyoming. 1
2
9, -7 i
_
To Havre,-per s** amo’ Lab-ador. 115
To Bremen. per stc; mer Ems, O
To AinG* riaii:. « «i* steaimr M'liiptl.i"
1‘
o
00
To Antvvci p. | crsii aincr Wes!* mland. 100.
To Genoa, per steamers Bi-ueaduile, 3ft(‘....Got;ardo, 20
.
Sno
]0
370
i:
d.
d.
6 03
0 03
;i
i 5 G3
5 01
5 e3
5 <33
5 <33
September.. C 01
m>t
-
'<:l.
October
5
*
d.
0
5 03
1
n
i
nH
5 5?
5 57
5 57
5 57
8ov.-I)eC
5 54
5 f4
5 54
5 54
Dec.- lull....
5 53
5 oS
5 53
5 53
lan.-Ket)
oTTj
5
00
5 7)5
-'eb.-March.
5 5S
7) 58
5 0)
>Cl
-
March-Apr. 5
V pril-.May..
'*ayJ
1 line
une-july..
»
0
....
....
....
....
!« d.
d.
d.
d
d.
d.
0 03
0 03
0 01
P. 01
5 PI
5 01
5 00
5 00
5 02
5 02
5 00
5 <0
5 5)
5 5 5
5 50
5 50
5 51
5 51
5 51
551
5 49
5 49
5 48
5 48
5 48'
^
;
433
d
!
5 55
5 55
5 55
5 53
5 51
5 52
5 52
5 53
5 53
5 52
5 52
5 4
>
5)8
5 40
7 55
5 54
5 54
5-3
5 53
5 49
5 49
5 49
5 49
5 58
5 5^
5 57
5 57
5 50
5 50
5 51
5 51
5 51
5 00
5 00
5 59
5 59
5 58
| 5 51
55? j'5 5 *
: 5 57
....
....
.
....
....
.«
j 5 5-*
\
....
....
•
.
•
•
t •
•
•
«
•
%•
*
•
....
.
.
...
.
.
.
.
'
5 54
5 54
5 54
5 57
5 57
5 57
«...
•
....
..
•
•
•
.
«•••
•
••
....
September 20,
VVednes., Sept. 17. j
Thurs., Sept. IS.
;
Frl., Sept. 19.
f
Open High Low. cios: Open High Low. Cl08.
d.
September.. 5 59
Bert.- Oct... 5 54
October
d.
d.
d.
5 59
5 5S
5 5s
5 54
553
5 53
....
j
j
....
;
d.
d.
d.
d.
5 61
5 61
5 59
5 59
Open High
[low.
Clot.
d.
d.
d.
d.
!
5 50
5 57
5 53
5 57
5 51
5 52
551
5 52
oo
5 55
5 55
5 55 1
5 55
1) DO
5 55
5 55
:
5 51
551
5 50
5 50
j
5 47
5 47
5 47
5 47
5 49
5 49
5 43
5 48
j
5 40
5 40
5 40
5 40
j
5 45
5 40
5 45
5 47
5 47
5 47
5 47
i
5 49
5 49
5 49
5 49
5
....
....
....
....
Oct.-Nov...
5 50
5 50
549
5 49
Nov.-Dec...
5 47
5 47
5 47
5 47
Dec.-Jan.... '5 47
5 47
5 47
5 47
!■
5 19
5 49
5 48
5 48
5 49
5 49
5 48
5 48 '
5 50
5 50
5 49
5 49
Feb.-Marcli. 5 51
551
5 51
5 51
1
5 52
5 52
5 52
5 52
March-Apr. 5 51
5 54
5 53
5 53
5 55
5 55
5 5k
5 54 !
551
5 52
5 51
5 52
|
5 54
5 55
5 54
5 55
Jau.-Feb
...
April-May.. 5 57
May-June..
June-July
....
.
....
5 c?
....
....
5 56
....
...
5 56
.
333
THE CHRONICLE.
1684. |
.
.
....
5 57
...
...
5 57
J Ol
....
....
....
....
5 57
....
....
....
....
....
....
5 40
....
....
than it was a week ago. It is said that the
clique in Chicago are shipping com from there in order to
fraction higher
assist the
manoeuvres
BREADSTUFF S.
Friday, P. M
,
Rye has been quiet. Oats have been fairly active at some
To-day the market was firm, with sales of No. 2
mixed to a fair extent at 31;#@32c. for September and Octo¬
32}q@32%c. for November. No. 2 mixed closed torn
September, 31 Jgc. for October and 3234'c. for No¬
vember, showing an advance of 3^@for the week.
ber and
at 32c. for
The
following
are
closing quotations:
FLOUR.
No. 2 spring...^
No. 2 winter
S a per line
2 10®
2 75®
3 75®
Wintershipp’gextras.
2 Q0®
clear
straight.
Patents, spring
30
00
85
75
5 00
3 25
2 00®
and
.
$4 75® 5 50
Patenfq, winter
2
2
2
3
bbl. $2 00®
Minn, clear and stra’t
Winter
September 10, 1881.
a corner.
advance.
Spring wheat extras.
•
for
City Mill siiipp’g ex.4 5"® 4 70
Southern
3 00® 5 00
4 75® 6 00
bakers and
family brands
4 15®
South’u sLip’g extras. 3 25®
Rys flour, supertine..3 40®
5 90
4 733 73
Corn meal—
Western. <feo
3 40
...3 00®
Brandywine, <feo. ...3 40® 3 50
still been depressed and most of the time very
GRAIN.
Corn—
WheatThe receipts have been large and, owing to the slow¬
®
Western Yellow..
Spring,per bush.
Si
3.
Kyo—VVest^ru
ness of trade, the stock here has steadily increased.
Low.ex¬
Spring No. 2
State <fc Canada..
886j ® 89L2
Red winter, No. 2
tras and winter wheat patents have been in the largest supply,
Oats—Mixed
31
®
34
68
®
90
Red winter
White
32t> 42
®.
White
while fancy spring patents have been rather less plentiful
...32
®
No. 2 mixed
®.
White No. 1
No. 2 white
...3414®
than heretofore. The quality of the spring wheat flour is in Cjrn—West, mixed
57^4 ® 64
Bariev—No. 1 Oanac a
®..
04
<t
West. mix. No. 2.
the main satisfactory and is by some even considered superior
No. 2 Canada....
®
®.
White Southern..
®.
®...,
State, two-rowed.
Yellow Southern.
to that received at this time last year.
At times a slight in¬
®
60
®
68
State, six-rowed
Western white...
crease in the export trade in various descriptions has been
The movement of breadstufTs to market is indicated in the
noticed, but latterly the transactions have been small. Yes¬ statements below, prepared by us from the figures of the New
terday, however, there was a better business at steady prices York Produce Exchange. We first give the receipts at Western
lake and river ports, arranged so as to present the compara¬
owing to the advance in wheat.
tive movement for the week ending Sept. 13 and since Aug. 1
Wheat has sold well for export, and the speculation has like¬
for each of the last three years:
wise reached quite liberal proportions. Prices in the forepart of
Oafs.
TT7ieat.
Corn.
R'jt.
Flour.
Barley.
the week were depressed, owing to declining markets in Europe Receipts at—
Bu.sh.0O lbs Bush.5rtlbi! Bush. 32 lb.* Bush AS lb*
Bbls.imbs
and at the West; but latterly the turn has been upward, owing
202.2S3
180,535
3-.43(5
839,477
1,140.302
1,520(593
Chicago
to stronger markets at home and abroad and the covering of
1! ,(506
8,(540
29,150
2.410
110,700
219,513
Milwaukee..
78,721
33,338
10,1)85
contracts here and in Chicago by exporters and others.
704,147
2,147
In Toiedo...;.
27,74 L
1,155.
Detroit
3(52,740
5f4&l
1,600
two days prices in Chicago advanced 3 to 4 cents, under the
590
500
131.915
6.500
41,000
4.820
Cleveland.
134.223
141.371
30.001
79 J.4 00
27,SOI
37,253
manipulation, it is claimed, of a well-known operator. It is 3t. Louis
19,2(50
207.130
0'j7,U90
1,025
21,020
12,000,
averred that exporters and others have oversold September Peoria
1
Duluth
712,351
21,250
here and at the West—more especially, so far as that section is
118.208
1.9 U.353
Tot. wk. ’84
341,031'
271,
3.817,853
2,020.022
concerned, at Chicago—and the smaller receipts there of late Same wk. ’83
331.551
3.432,992
1.748.910
274,002i
143,808
3,232,53s
have prompted the shorts to provide for their outstanding Same wk. ’82
247.204
l. 0 0 9
135.187
1,288,538
1,1i9,832
3,093,574
Since July 23
obligations. Here in New- York many speculators contend
1884
838.4 501
1.370 873
1,202 825 21,822.107 ll,«30.871 11,212,024
that prices must go still higher.
The Millers’ Association at
1383
1,953,053
1,017.41(5 17. ’-(83 350 20,807.001 11.825 598
00O,7.)2|
18s-2
the West lias advanced its price 2c., and it is reported that the
472 243,
9.812,293 10,023.03 >
1,003.885 19.01 \r 12
049,640
latest advices from some fifteen hundred points in the interior
The comparative shipments of flour and grain from the same
show that the farmers are disposed to hold their wheat, and ports from Dec. 24, 1883, to Sept. 13, 1884, inclusive, for four
only sell in case of urgent necessity, it lias been reported, years, show as follows:
1881 82.
1832-83.
1883-84.
1880-SI.
moreover, that a well-known Wall Street speculator has become F.our
6 232,739
bbla.
.6,102,150
5,217,074
7,661,774
interested in the wheat speculation, but this is denied.
The W::aat...... bush. 41,815.243 20,881.326 35.733.801
30,207,011
5 i,311.723
70,021,30 k
84,214,649
62.564,015
largest transactions of any day this week took place yesterday, Cjrn
Oits
34 4! 0,233
36,430.680
25,8 10.537
26,370.607
when 400,000 bushels were sold for immediate or early deliv¬
2. -f'7 3 n5
4.700,0. >5
2,406 126
Barley
2.013.213
3,021.774
1.410.257
1,926,627
4,301,406
ery, and 0,824,000 bushels in options, at an advance of 1 to j Hr 6
Tor.nl grain
lA£c. To-day the market was irregular, opening higher with
143.063,502 152,042,752 117,159,053 153.768,550
a
good demand, but later on declining somewhat. No. 2 red
closed firm at 89c., afloat; 87££c. for September, 87/$c. for ports for four years:
1884.
1883.
1882.
1881.
October, 89'^c. for November and 9132°. f°r December, show¬
Week
Week
Week
Week
Sept. 16.
Sep!. 13.
Sept.. 15.
Sept. 17.
ing an advance for the week of 1 to l^o. A rise in Chicago F.our...
bbls.
99,852
82,795
128,711
115,417
to-day, and reports of damage to the crops Ly rust, caused a
68 4.814
Wheat..
bush.
463,265
504.SOS
366,323
further demand from the shorts and a large business was done.
Corn....
335,645
6-10.4U
301,630 1,126,992
Oats....
1,254,908
1,50 5,654
991,320
728,850
Indian corn has been fairly active on speculation, but quiet
90.633
103,45 4
97,308
147,611
Barley
for export, owing to the continued scarcity of No. 2 mixed,
J bo
7 6,116
Rye
84,732
50,130
though the supply has been larger of this grade than it was
Total
2,037,639
2.793,5 >6 2,141.813 2.558,583
last week.
Early in the week the turn was downward, how¬
The rail and lake shipments from same ports for last four
weeks were.
ever, and it was not until the foreign markets became stronger,
Week
Oats,
Corn,
Flour,
Wheat,
Barley,
Bye,
and some demand to cover September and October had sprung
bush.
bush.
endin a—
bbla.
bush.
bush.
bnsh.
13. 217,701 2,140.8S4 1.719,723 1.637.545
97,398 251,435
up in Chicago, that prices here began to move upward.
The Sept.
Sept. 6. 230.890 2,256.018 1.773,503 1,273.78 J
41,608 271,760
rise in Chicago within a few days has been sudden and sharp, Aug. 30. 250.753 1,018,507 1,606,472 1,348.392
34.4.>0 240.620
18,140 102,845
and shorts here, including exporters, it is understood, have Aug, 23. 214.472 1,932.611 1,324,091 1,507,001
shown more anxiety to cover their contracts.
The Chicago Tot., 4 w. 031,821 8.258,010 6.518.769 5,767,618 101,546 866,660
4w’bs’83. 633,625 7,674,202 12.104,111 0.522 900
171.662 1008,096
price for November has approached very closely to the figure
The exports from the several seaboard ports for the weefc
current here for that month, and it is claimed that the course
of quotations there is largely due to the manipulation of the
Exports
Flour.
Wheat.
Corn.
Oats.
Fects.
market by a bull clique.
Bye.
It is contended that the reserve from —
supply of old corn in the interior is far larger than has been
Bush.
Bush.
Bush.
Bnsh.
Bbls.
Bush.
York
87,253
932,368
39,653
27,358
90,904
2,186
generally supposed.
Yesterday there wTas, nevertheless, a New
Boston.
152,135
66,259
good demand to cover both here and at the West, and in this Portland.
Montreal.
177,084
15,093 135,720
25,512
market September advanced 3%c.
To-day there was an Puiladel..
4.201
332,572
advance of l@l%c. at the opening, but this was lost later on. Baltim’re
560,322
3,995
13,989
N.Orl’ns
344
25
93,000
100,994
No. 2 mixed closed firm at 64c. afloat, 63?±c. for September, N. News.
61JsC. for October, 59f£c. for November and ol^'c. for Decem¬ Tjtal w’fc.
187,144
27,383 94,899 27,698
ber, showing an advance of 2(g) 3c. on most options, the nearer S’me time
QQ3
142 516 1.339.794 l.ltiP.goJ
103.601
9 293
5.803
deliveries showing the greatest rise, while December is only a
Flour has
quiet.
•
•
•
•
•
•
'
...
-
•
•
•
•
•
.
•
.
...
....
...•
.
-*
.
..
....
..
...
.
........
.........
..
..
.
1
2,056,982j 469,866|
.
of the33 exports is as bolow.
corresponding period of last year for comparisen:
The destination
Exports
to—
Un.KUis:
119.S7-
106.O-15
lgh-.n
1.78 1
Oontiu’ut
B.&C.Aui
W. Iudie.“
Brit. Col’s
5 503
20.13 J
Oth-o’nt’s
10.1)03
19.898
22 2 i5
72 i
Total...
187,144
514,244
,40u,6l>7
l
.....
...
........
.........
6,575
pi 15.
fill'h.
hush..
3 -'8.800
9 l.’J.SO
13 132
901,700
200,797
29.700
12.78 7
By adding this week’s movement to our previous totals we
have tiie following statement of exports since September 1,
this season and last season:
K marts *{ru>
iu;. £5, to—
A
Alij. 27 to
e-e t. 15.
Aliy. 25 to
Sept. 13.
uj
25 to
Auj. ‘27 to
Sept. 13.
Sc t. 13.
A
A uj.
2 5 to
Sep U.
u j.
27 to
15.
S: pt.
.
Bush.
Bun..
nosh.
Bills.
18*13
1884.
1ds:i.
18*4
1883.
1 S.-4
Corn.
Wheat.
Flour.
250.750
3.5-0.827
.2.318 3T
39. S7
9 138
3,400.3 >5
1,583805
209.120
G3.i.3f'9
S9.415
25.939
375
139.-11
West Indies.
5 5290
49.938
48,551*
37*?7‘
Brit. Col’nies
51.MS3
47,770
9 010
3 132
Otb- country
2.128
1,211
3 85
Tnt«l.
'
“2
3,50.5
7 0 9 035
2,210 9 7
4,111.111
supply of grain,
follows:
Wheat,
In store at—
New York
Do afloat (est.).
A’buny
B.ifla’o
Ctiicaeo
.
Corn,
Oaty,
Barley,
hush.
2!-.3(1
273.0 ).0
12,000
12 5.000
hityfi.
bush.
1 , .21.0 ?3
277 ll G
212.000
70"»
3 5*1
5co
275.7o3
30,? 70
3.7,800
371,8*21.
Ne\V|/t News
M11 v*ttUkee
D iliitii
T*lpilo
Detroit
b-usb.
3,517.170
910,0n>
2,004
371 000
3,210,129
......
Os-veKi’
Bt. Louis
Cincinnati
B-wtou
T > ron to
Montreal
Ptjorta
IiiilanapollB
K-iiKiiH City
Tot.
Sort. 13. *84.
'J<*
8
f
Tot. Bent '
’Jo. 8 pi. i 0, ‘ >2.
Tul. ccpt.17, ’81.
-
2o, 713,478
2 ^(',3 *5
',:,25
8 l ..-4 2
10 122
6G.G35
0.982
27.* i>5
i.O 52 4
r,o,si
22 3 0
1Lu
$
7,d »0
9.0,
2 CO
4 * 13
2 1.7 0 8
1,720
,0.i L
•.
2.03 7
85.20 /
112.8*2
51,inO
4,728
0...77
4 1,13 t
03.70 >
5 14 30o 1 / 03:20
272.1.71
1 ,20 I l 0.0
20..00 >
1. t ,0v-0
•
.
.
-
.
.
9. .39.8
,
r> ,0
7 l 01 2 2 8 :9,39(>
1 •' 0:, 12 4
\ 4 3 3.70.1 5 7 t ‘ ,0.0
0 70-7.• -:> 0 1.3 7 0! *7
453,9 7 J (J ,7-0.308
.
1 2."
.
Price.
Tone.
Firm.
3 3a
Dull.
Monday..
Firm.
3 30
Tuesday.
Firm.
3*30
8aturdu>.j
|
|
|
Friday....
Total..
Dull.
Quiet
GOODS
Fitidav, I‘
|
ttrady.
j
steady
Quirt
Dull.
3-30
and
.
we
it her has
1
een
more
...
Price
....
Sales
1 8 > 3 15
2- 1 So:
4 7 *, < 1 * • 0
>
i
522.7-1
....
Price
....
Sales
...
....
....
Price 3 35
....
S ties
....
Price
....
...
Stiles
....
...
Price 3‘35
....
Sales
•
....
Prlco
....
Prico
...
Sales
...
Sties
V
•
....
....
4,000
2,1 00
1
»
3,000
1,000
Price
2,000
1.000
1,0.0
Tuesday, 300; Wed nos
SMI; Monday, 3*30;
3^3.
Domestic Wooden Goods.—Men’s-wear woolens have met
with rather moie attention from the clothing trade, but
badness was mdv moderate in amount.
Same orders were
actual
placed for all-wool and cotton warp spring cassi meres, and
there was a fair inquiry for worsted coatings and indigo-blue
fl mnel suiting*. Ladies’ cloths, tricots and plain and plaid
10,903
sackings met with a fair distribution, and there was a fairly
167,i 0 s, 00
active demand f«»r Jersey cloths, leading makes of which arei
7,< Oi)
well sold up.
Kentucky jeans are in limited demand at first
95,922 j
hands, but fairly active in jobbing circles. Flannels were
21,823
taken in small Jots to a fair amount, and a libe ral distribution
of white and colored blankets was made by jobbers at a small
23.5:-9
Woisted dress goods,
2,0 7 a advance upon recent auction prices.
3c,• , 0
shawls, skirts, underwear and hosiery were severally in mod21.9 4 8
er te r< quest, at first hands, and fairly active with jobbers.
-i 51 9
Foreign Dry Goods were in light and irregular demand at
4 11
impoi te’r»* hands, and a fair business was done in jobbing cir¬
531
cles. fet qVe and fancy dress fabrics, black silks, velvets, plush
were in fair demand by retailers, but linen
arm eloikitiJS
11 3.'0
3 ..On
goo is ruled quiet, and there was only a moderate business.in
.
3.01 1
3,90 ;
2‘>.i 0
3’, 3(5
lT.i.-.OJ
83
9.181
eiiiUiOidelms.
laCeS and
importations ol' Cry Goods.
importations of dry goods at this port for the week
ending Sept. 18, 1884, and since January 1, and the same facts
for tiie corresponding periods of 1888, are as follows:
The
0
.228
0-';r. t
L.S
7 2 7
l.,
72 7,-8 i
r.
-
-3
c
-
z
C; ?
O
X
t*
a
—
•T, a c
j; ^
•
c
C* a.
12
r—
Z r. ;a
j
c.
7- C
2TC
C
^ ^
-
j~
jo!
■
c
rg
5
=
C
_
r:
O
,
Zl
a
Seplo nb'.-r IP, 1881,
•
!
1
‘
•
;
•
:
1
*
favorable for the dry'goods
moderately innvased budness was done in the
whoh sale branclu s the .past wet k.
Jobbers on the spot con¬
tinued to operate sp .li.igly, but the order d m md f.-om \V st- j
(ru and Sum Invest ern
mai kt-ls was of very fair p: op -mons, !
and orders from the South w< re lather m >re liu-mnous th ut
of late.
The jobbing trade of tins city open-, d (piier, but
iinprcvod day by day, and the volume of busintss in tins
department was modi r itely large, if r.ot quite up to expecta¬
tions. Tin* main features of the trade remain imchang d.
Both wholesale and retail buyers are evidently dttcrmintd to
pursue a cautious liand-io-nioutii pelicy for the pn suit, and
there is r.ot lire least tendency toward speculation, although
many textile fabrics are lower in price than at any former
period in the his!ory of the trade. Collections are reported
fair to good, but merchants are scrutinizing credits closely
and taking fewer risks than in former times—a pretty sure
indication that conf donee has not as yet been fully restored.
Domestic Cotton Goods.—The exports of cotton goods for
the week were 2,(b5 packages, including 1)09 to Great Britain,
2(JG to U. S. C donibia, 1G8 to Argentine Republic, 13G to Vene¬
zuela, 115 to II lyti, 107 to Mexico, &c. '1 hire was a slightlyimproved demand for plain a tel colored cottons at first hands,
but selections were almost wholly of a hand-to-mouth charac¬
ter, and no real activity was noticed in any particpl ir cl iss of
goods, 'i he mills at Lowell, Miss., have stirted up again
lifter a stoppage of two weeks, and tiie Fall River mills are
running on full time; hut there is still a large curtailment of
production in the manufacturing districts. Prices of plain and
trade, and
Price
Sales
....
Sales
..
•
Tie
Price
Price 3 32 Price
Sales 2,109 Sales
and
eaty.
s-:o
TRADE.
M
Sales
Quiet.
Cue:
and
.
...
Price
Dull.
3-30
and
..
Sales
.....
Sales
...
Price
,
DRY
....
Price
....
Sales
Su’.os
steady.
Price
...
cs
Salts
Dull.
Transferable. Notice i—3 Cur lay,
day, 3 30; Thursday, 3-2}; Friday,
-5
THE
Sa
Price
Wed’day.
ISO 320
1 9 *.C
Prlco
Sovembcr. local.
OcVobcr.
September.
Tone.
It ye,
bust-.
,
f>4, 8s7
2c, 05
2.i2u,558
18.52 -,035
2 4.4 0,3 19
13.0 <-,> <)
48.0U-1
l 'O
1 2u3.
1.4: .3,5< 3
20.128.80 2
7,>7 0
5 '. 101
027
10 201
7 2 C00
0
47 3.08 4
7,7.-7
1 »2,7 < -0
475 82 )
0 i.rol
74 222
Pniladelpuia.....
Bnltinioro
I>;iw u Mibfei.-.*; ppi.
On rail
On lake
On canal.
17k to
5al.:>70
7t*5.1;rj
1,252.301
310.8 ^8
1» 5 OOO
2,029 02 l
47.144
2 271
73 3-5
111,'. 09
Futures.
Spots.
8 551
3 030,218
1.0:2,101
comprising the stocks m granary
at the principal points of accumulation at lake and seaboard
ports, and in transit by rail and water, Sept. Id, 1584, was as
The visible
'
58.988
1,07
1.813
285 7-3
510 as:,
..
02
RALES OP FUTURES.
MARKET.
COTTON
Thursday
7eo.no
Un. Kingdom
Continent...
8. AC. Am...
-
409,8G0 1,10 1,804
112, ‘40 2 05 \932 1.33 0,794
shows the course of the
Print Cloths.—The following
marker during the week:
EXCHANGE
870
1,313
of exceptionally low
jobbers, as the result
effected by
prices.
4S 520
2.2 10
.
.
S
Sept. 13.
Bush
Bush.
t\ 18.562 1.0 '5,550
Kb/s.
/ibis
were
Week
Week.
Sept. 15.
Sept. 13.
Sept. 1">.
Sept. 13.
firmly held.
Print cloths were iu moder¬
denun l and somewhat easier on the basis of 3l£c.
04x64s and 2>£c. for 56x603.
Prints continued in steady
mo lerate request, and s nne large sales of fancy ginghams
more
are
ter
for
bur.
1MS3.
1884.
unchanged, but,some makes of the lat¬
colored cottons remain
ate
Born.
1833.
Week,
138 4.
Week.
18*3.
Week.
1884.
Week.
for week
We add the
Wheat.
Flour.
(Vot,. XXilX.
CHRONICLE
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