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9tmm
BUNT'S MERCHANTS' MAGAZINE.
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES.

VOL.

SATURDAY. SEPTEMBER

61.

NO.

20, 1890.

1,317.

The comparison with the corresponding period of 1889 ia
very satisfactory. There are thirteen cities which exhibit
losses, but except in three instances the percentage is rather
Terms of Sabscription Payable in Adrance:
unimportant. On the other hand large gains are reported
$10 20
For One Year (Includlne i>08tage)
from all sections. Notably Galveston, 220-6 per cent; Buffalo,
do.
6 10
For Six Miiuths
11 50
European Snbscription (inclmlln? postaKO)
160-5; Seattle, 142-8; Chattanooga, 95-7; Sioux City, 76-6; Nor(incliidini;
Sutiscription
Six
Months
postage).
European
6 75
folk, 72-1; Duluth, 59; Cleveland, 56-8
Milwaukee, 56-3, and
Annual Subscription in London (Including postage).... £2 83.
do.
do.
do.
«1 Os.
Six Mos.
Eliminating exchanges due to speculative
St. Joseph, 56.
prices
Include
the
iNVEarORS'
Supplemknt,
of
pages,
These
150
Issued once in two months, and furnished without extra charge to transactions at the Stock Exchange, the New York tota
gubserlbers of the Curosici-e.
exhibits a gain of 11-5 per cent.
A aie cover Is furnished at 50 cents; postage on the same Is 18
cents. Volumes bound for suljscrlbers at $1 00.
8ub.scrlptlons will be continued until dettnitely ordered stopped. The
tCMk Bnd<n« Sept«inb!r 13.
Wetk End'g Sept. 9,

SIxe Clxvouiclc.

—

;

publishers cannot be responsible for remittances unless
or Post Office moner orders.

made by

drafts
P.Oenl.

1860.

P.Omt.

Terms of

Adrertlsinir.
Advertisements ordered for less than one month. In the Commercial New York
A Fis*NCiAL Chronicle, are published at 25 cents per line each Inser- •SOlMO/—
iStockt
tion. When orders are deflnitely given for one month or longer, a lib(Cotton ....
eral discount Is allowed, and the net prices may be obtained on application at the office. The lowest rates on permanent cards definitely ordered for one year are 8 cents per line each insertion, making $58 for
one inch space one year. Space Is measured in agate type li lines to
the Inch.

—

London Aeenta

Edwards

:

Bmith, 1 Driers' Gardens, E. C, will take sub
aorlptlons and advertisements and supply single copies of the paper at
Messrs.

dc

1*. each.

wTTiiAM n niwi <1^II.I.IAM B. D.4NA &. Co., Pnbllslier*,
'^
*•>* William Street,
YORK.
jcSITo
FioTD
jOHit o. FLOYD.
p^g.j Office box 958
I

NEW

729.960.950

701,845,781

+4-1

580.421,281

(1,205.332
(460.100)

(1,64S,6.<I4)

(-21-9)

bale:)

bvuM:)

(41,77-J,«OOI

13-23.400)
(14,1)78,7, 0.

bbla.)

(2,872,000)

(9,071!,0OO)

(-H789,
(-780)

(684.151)
(665,500)
(32,987,9001
(1,836,000)

86,418.7««
4,458.000

79.707,918
4,»00.400
2.00T.001

48*

78.328,861

thara.)

iarain

{PttnUum
Boston
I'rovldence....

Hertford
New Haven...

2,l(io,000
l,lH2.ltl«
l,204.:jSU
1.171.711

Sprlngfleld....

Worcester
Portland
Lowell
New Bedford.
Total

New

Bngland.,

CLEARING HOUSE RETURNS.
The following table, made up by telegraph, etc., indicates
bank clearings of all the clearing houses of the
United States for the week ending to-day, September 20, have
been $1,286,053,334, against $1,165,134,546 last week and
$1,050,946,529 the corresponding week last year.

Wa»hlngton
Wilmington, Del..
Syracuse
Rochester*
Total Middle.

H«w York
nmaaelphla
Baltimore

OUoaco

$560,711,002
68,728,334
60,8f8,C82
11,149.268
58,632,000
16,67 *,570
6,479,233

71.H8,000

8t.Loals
New Orleans

18,704,361
5,983,388

$772,262.48*
102,569,213

$935,341,012
130,102,218

Total all cities, 6 days..
AUoltles, Iday

,

$874,831,702
176,114,827

$1,065,446,238
220,606,108

The

$1,286,062,334

I

-f261
44|7

—0

6

+io;3

Toledo*

-H5-4
-|-8«-S

Total Middle Western

Tacoma

+21-8
+25-3

$1,050,946,529

-t-22-4

We

are our usual detailed figures for the previous week, that is
covering the returns for the period ending with Saturday

noon September 18, with the comparative totals in 1889.
The aggregate for all the cities, as will be seen by the sub-

and

mainly ascribable to the increased volume of
speculative transactions.
Operations on the Boston Stock
Exchange have b«en much heavier than in the previous week,
this is

65

-i-36-2

l.3(Kl.:

Lake

123,946.147

4-83-0

1,338.1101

-1-142-c

4-18-8
-I-IO*
4-181-0

+31-9

20,128,602
1.888,767
l.34?.871
1,002,688

.....

806,300

Ull,d8l)

54H,124
2,147.866

593,377

8,154.921

Minneapolis...

6,19-2,962

4.429.79<J

3,853,802
8,007,115

4,134.117
3,880.367
4.143.»88
;. 287,035
1,130.778

Paul

Denver
Daloth

6,:<50,748

2,014.416
l,7«a,701
740,»33
832,051
626,637
480,U86

Joseph....

Wichita'
Sioux City
Des Moines...
Lincoln

Louisville

Memphis...*

Richmond
Galveston
Dallas

Fort Worth
Norfolk
Chat tan ooira

Sew

York.,

Notlnoladed in

-I-30-3

—76

-163

88,068.436

+18-0

-I-10-8
-t-37 6

9.498,093

+81-3

6348.664

4-41-8

4,790,884
4.898.848
6,001,088
1.999,807
1,642,447
777.4S6
997,884
618Ji93
S81,8ve
342,198

+29-0

-68

-t86-l
-(-891

t89-0
-(-56-C

672,508
171,049

-t-10-1
-f-76-e

802..')N8

-22-1
-f0 7

379,088

457.970
361,684

33,259,065

]i9,697,lS8

-)-28'l

37,350,600|

22.687.930
7.236,887
6,700,e8»
1.460,737
1.762.857
e.863.1«2
1.044,626
860,000
905.405
714,200

20,170.711
6,388,286
6,652,670
1,376,338
1,778,062
2.141,027

-(-18-6
-)-13-3

23,603.6'8
7,^^0,176
7.78!.6i7
l,6i8,896

467.906;
408,853!
8,131.983

811,6111

626.000
628,02 (
365.000
683.687
426,098

+7-8

+3-6
+6-2

-09
-f220-8
-f-2»-7
+:i(Vt

-h72-I
-h98-7

-280
-4-0

l.vll.897
8,13^.338
648.778
806.078

75^766
8SI.10U
868,888
480,884
8.31 4,168

41,783.819

4-826

61.408.810

1.165,184,546 1.078.06»aa7

+81

1,014,181,841

6I.19I,84«|

4aB.143.696'

totals.

+67-8

706,206
8,354,479

21,088.896

Ontslda

4-4-8

-17-8
4-lOD
-0-8

-86-2

city*..

all

448-1

-|-8a-9

9.037,839

Total

+»»«

-HW4

17.747,469
1,587,13a
819,561

17,863,788

St.

+S0-7
-t-23-8

99,62 1,158

Crty...

St.

151

18,106.(.OO
2.l'o8,>G4

Total PaciHo..

Kansas

-H8'9

182,27'i,96a

joined table, exhibits a gain over the preceding week of nearly Birmingham
LexlDKton..
one hundred and fifty-one millions of dollars. 'At New York Nashville*
alone there is a gain of over one hundred and forty-nine milTotal Southern...,
lions,

-16
+»M

-f83'8
-h81-3
-1-186-0

797,467

bank clearings being made up by
Topeka
the various clearing houses at noon on Saturday, and hence in
Total other Western.
the above the last twenty-four hours of the week have to be
Louis
In all cases estimated, as we go to press Friday night.
Below St.
New Orleans
to-day,

2,929,300
1,774,665

,

Los AnKeles

-I-2I-5

-f50-8

l,3i2,(J71

-I-21-1

+28-8

4,755.075

-t-11-3

-1 4-8

,

-t-9-2

-l-l»e

4,90«.HM

.

Seattle*

-HO-3

10.6t5,15ii

Grand Rapids

San Francisco....
Portland

+8«'4

83,878/196
11.948.680
&,a80,9l8
6,436,188
6.086,804
2,970,600
1.914,6«0
1A*?6,188
886.183
1,488,422

l.H0,20<

-(-12-2

-I-16U-6

66.884.458
13.914,774
14,788.&33
7.691,673
1.443,827
744,000
«&e,898
1,853,091

106,190,668

1.852.e24
8S5,62^

-1-21-3

of clearings for the week covered by the
above statement will be given next Saturday.
cannot, of

them

+3~-V

+17-7

Indianapolis
Peoria

full details

course, furnish

0.805,089
3, 167. n 6
1,051.793
718,030
64y,67»

-(-81-J

Omaha
Total all cities for week...

-fi-r.!

1S,I)«2,-V82

89,869,671

68.687.372

Cincinnati

aalt

Seven cities, 5 days
Other cities, 6 days

ll.i!eu.l;<l

92.491,886

Cleveland

20.

1889.

t684, 83,«61
72,029,875
60,521,176
12,28 :<,9S1

Boston

e8,7S«,7()0

67»,26e
321,098

83.420,000
12.34H,0«0
7.663,491
5.778.565
6,«70,aB«
2,884,100

Columbus
1890.

92,238,1.8

69.073,110
14,886.116

-1-7

108,879,811

Chicago
Detroit

Wefk Ending September

98,676,434

— is-«

1,439.6«9

Milwaukee
CLKARntOB.
JZetunu by TtU^aph.

976,039

331,3«6

77i),s'<l

1,106,706
1,117,485

681.136
386.2UI

7«a,432

1.709,711

1,577307

+B-8
—2-0

1.0-;8,50t

l,4t;&.S7e

4,I6:<.200

-(-11-*

303

Buffalo

that the total

1,3C2.914
1,053.7:6

—7-1
+ 4-1
-2l!
—7-4

a67,>-63

1,1!12

Philadelphia
Pittsburg
Baltimore

IMM.aVV

(-t-S»2i

-7-5

«76.826.4''6

+B-»
+69-4
4-28-8

W?
+2-8

-Hl-9

-7-3

+88-3

.

THE

858

CHUOISICLE.

A new section was

added to our quotation department
a few weeks since, and is now being given regularly every week.
The addition is a full-page record of stocks and bonds wholly
or chiefly traded in at the Stock Exchanges of Boston, Baltimore and Philadelphia, each day's prices as well as the highest and lowest points touched in the year to date, being given
in the case of the more active stocks, and the closing prices in
the case of bonds and a number of less active stocks. These
extra tables will be found especially useful, as the quotations
are all brought down by telegraph to the close of business on
_

Triday.

bursements and large bond purchases, and also as a
result of the removal of apprehensions that the strin_gency which had existed might be intensified, which
had led many to think they must
^apprehensions
they really had no need
money when
have

On Monday

it.

the

situation

still

looked

dubious, notwithstanding the announcement by the
Secretary that he would on Wednesday receive offers
An unfor sixteen million dollars of 4 per cents.
favorable

was

construction

remark by Mr.

Windom

as

on an alleged
power to extend

placed
to

his

further relief in case the purchase of 4 per cents should
not prove sufficient, and besides this fears were expressed
lest the

Department might not be able

at a price

satisfactory

statement of

last

to

to get the

the Secretary.

Saturday,

with

its

Rates for money in Europe have further hardened
The Bank of England minimum remains

this week.

unchanged, however, at 4 per cent, notwithstanding
that the rate for 60 to 90 day bank bills in London is
now, and has been for the past few days, close
the
Bank figure, being
and even
above
to
yesterday

reported

th&Bank

interior have

continued large, the money market has grown decid•edly easier this week under the heavy Treasury dis-

:lor

months to

six

run.

4@4^

at

per

cent.

The

market rate at Paris is 2f per cent and at
Berlin and Frankfort it is 3f per cent, or nearly up to

THE FINANCIAL SITUATION.
of currency to the

good single names having from four to

open

_^___^.^___^^___^

Though shipments

/Vol. LI.

rate at those points.

bonds ing the metal.

Commercial

The bank having been brought out by

large

further

increase in the deficiency below the 25 per cent reserve,

The Bank

of

England

£496,000 bullion during the week. This, as we are
advised by special cable to us, is the net result of £395,000 exported to Portugal andEgypt, of £161,000 shipped
to the interior of Great Britain, and of £60,000 imported
from Portugal and Australia.
Exchange was heavy until Wednesday when it grew
firmer by reason of easier money here and a hardening in
On Tuesthe open market discount rate at London.
day Brown Bros, and the Bank of Montreal reduced to
4 81| for long and 4 85 for short, the other drawers
quoting 4 82 for the former and 4 85^ for the latter.
Rates for actual business in sterling were low enough
early in the week to justify imports of gold had there
been any assurance of continued stringency in money,
but the future of this market was so uncertain that
none of the bankers made any movement toward import-

lost

bills

are in better supply,

the activity in money, and

some drafts against outgoing securities.

there have been

As concerns our foreign

trade, the shipments of leading

had a bad effect.
products, particularly grain, are now much smaller
As a result of all these causes, the rate for money at than a year ago. The following is a summary of the
•one time on Monday advanced to 6 per cent and \ per exports of the principal articles for August.
IPORTS OP BRBADSTDFPR, PROVI9IOS8, COTTON AND PETROLSnif.
'diem commission, equal to about 96 per cent per annum.
1838.
But the Treasury was paying out large amounts from day
1889.
1890.
Exvortt
from U. S.
August.
August. 8 ^fonths,
8 Month*.
to day in the purchase of 4| per cents and for pensions,
Augxist.
8 Months.
.«lso

:and thus even before the result of Wednesday's offerings

Quantities. .

of 4 per cents was known the market had become
With the
and the stringency relieved.
•easier

Wheat.bash.

taking of $16,931,800 4 per cents (calling for a disibursement of over 21 million dollars), all grounds of
It is
•course for further apprehensions were removed.

Corn.. .bush.

perhaps also well to say that the belief is general now
Ahat an extension of time beyond the date fixed in the
Senate Tariff Bill will be granted for taking goods out
•of bond, and this circumstance likewise helped to bring
about an improved feeling. The bank statement was
made on rising averages last week, and will again and
very decidedly be made on rising averages this week,
.Bo that the condition of the banks will be very much
better than the figures in to-day's Clearing House
return will indicate.
The range for the week on call loans as represented
by bankers' balances has been 96 and 2 per cent, the
average being probably about 7 per cent. Renewals
were made at 15 on Monday and Tuesday, from which
there was a gradual fall to 6 later in the week, and
banks and trust companies held their rate nominally
at this latter figure.
There is a better supply of
money offering on time, but borrowers have to accept
"the terms of lenders as to dates, and the quotation is 6
per cent for all periods from 30 days to six months.
More has been done in commercial paper since the
middle of the week, but almost wholly by out-of-town
buyers, and the supply of paper is increasing.
Rates
are G per cent for 60 to 90 day endorsed bills receiv-

—

•able,

6^ for foui months' acceptances, and

—

7@7i

6,330,870
850,045

35,442,373

Flour... bbls.

7,529,497

6,836.033
1.019,735

27.811,874
6,041,629

Wheat, .ba.

9,155,523

60.&15,180

11.423.840

54,999,204

2,807,341

77.208,378

1.992,992

11,962,884 146,623,688

16,416,83S

Tot. bush..
Values,
Wh't & flour

CoraJk meal.

Rye
Oats & meal.
Barley
Br'dstuffs.

Provisions*.

Cotton
Petrorm.&o.
Tot. value.

«
9,006,467
1,508,987
88.793
68.224
38,389

32,686,010

979,757
4.476,675

319,589

2,829.477

13,976,960

80,484,079

I
62,774.428
28,730,890
258,634
484,941
160.537

*

58,843,09^

3,411,465

97.000,341

112,837,405

5,333,076

31,807,870

34,618.947

and

7,289,915

113,842,301

80,399,430

33,313.069 339,638.580

874,962
11.117.473

83,898,97«
16.590.iaS

10,700.810 103.474.192
18,867,698 107,258.108

* Includinif CAttle

Thus

65,013,161

7,210.141' 31,089,3««

92,562,842

10,447,12:

t
69,983,161

1,824,113

10,098,308

1,200
16,323
14,963

160,811
227,158

43,33<l

12,106,726 '70,6«3,18*
9,331.059 86,922,368
2.853,32'

102,621,99l>

4,834,139

30.896,893

37.410,4H1 320.168,1211 29.118,251 270.717.17«

hoffs.

for cotton,

provisions, petroleum

and bread-

stuffs combined the value of the exports this year ia
August was about 4 million dollars less than in August
last year.

Tiie crop situation

is

reported to be improving, and

is made,
The spring
and that it is out of danger from frost.
wheat in stack in the Northwest has been soaked
it is

now

said that the bulk of the corn crop

by the heavy rains, but this will simply delay threshFarmers are busy in the winter-wheat belt preing.
paring for the next crop, and it is regarded as probable
that the acreage will be large.
Accounts agree pretty well in saying that the condition of the anthracite -coal trade has greatly

recent weeks.

The

improved in

month of August,
week by Mr. John H. Jones, the

figures for the

however, issued this
accountant of the companies, do not present a very
Stocks at tidewater points, iufor satisfactory showing.

.

September

THE CHRONICLE.

20, 1880.J

359

the " short-haul clause of the Inter-State law." Owing to
of docreasing, increased slightly during
mouth, and after allowing for the changes in the same the decline in average rates, the increase in net earning*
the amount disposed of by the companies is found to is smaller than it otherwise would have been.
Stilly
bo materially less than in either August, 1889, or the total is $358,436 better than in the year previous.
August, 1888, as will appear from the following exhibit Allowing for 7 per cent dividends on the preferred shares^
in our usual form.
and for interest and rental charges, the income for thetwelve months would leave a surplus of about 1700,000
Januarv 1 (o AuqiuI 31.
AutUrt.
stead

1800.

beglnulng
of periiMl

1880.

1888.

1880.

lem.

761,231

TonM.
788.008

8,Sei,(U2

3.626.083

Thru.
Tbtu.
T»n«.
fl52,16fl
680.468 1,0*0,107
130,977
4,087.602 2i,ea7,«8t 22.400,407 23,619,200

Total suppljr
Olid of Dcrlod

4,042.883

780,8U

4.413.762
786,748

4.«8«.031 22,883.701 23.062,603 23.780.207
390.762
700.811
785.719
390,763

Disposed of

3.282.072

3.A18.00S

*.an:i79 22,232,860 22.260.814 23.363,516

stock

Production
.

8fk

Thus

Thiu.

The Michigan

7>>n».

the apparent coDSumptioa in August, 1890, was

only 3,282,072 tons, against 3,618,003 tons

last

common

for the .$39,868,961 of
1888.

year and

But these figures cover
merely the month of August, and it is since tke close of
that month that the most decided change in the
Furthermore, the
is made up merely on the basis of the changes
in tide-water stocks.
Stocks at other points are not
furnished, nor are there any data to show the stocks
held by retailers.
There is reason for thinking that in
these latter two particulars very marked improvement has
taken place. Then it is also to be remembered that
the apparent consumption in August, 1888, was extraordinarily large.
If we should compare the present total
with that of August, 1887, there would be no loss but a
condition of the trade has occurred.

small gain.

make monthly report*

of either gross or net earnings, but

we are able to present the following exhibit of the gross for July and thefirst

seven months.

It reflects satisfactory results.
MICUIQAN CEH-TBAL.

Oroit tamingt.
J>l'y

January

1 to

Juty 31

The gain

4,287,279 tons the year before.

statement

stock.

Central does not

month,
months.

18bO.

1880.

?1,103,764
8,036,764

li<1.14.\413

TnereoM.
$48,321

7,378,413

658,.32I

148,321, or a

over 4 per cent, for theand $658,321, or 9 per cent, for the sevea
is

little

As the result of easier money and the heavy disbursements by the Sub- Treasury, the stock market has showa
a decidedly better tone this week, with a sharp recovery
in prices.
The whole range of stocks has participated
in this improvement,

though some shares have advanced
During the last few days the Southwestern properties have been strong on reports of th&

more than

others.

formation of a cast-iron agreement for maintaining
rates and preventing rate wars in that section of the
country.
Railroad gross earnings still show gains over
last year on the majority of roads, and general mercantile trade remains large and active.
Yesterday the

Finally, a very encouraging feature is
found in the fact that the companies are now living
quite closely up to the policy of restriction.
For market showed quite exceptional strength, with the
August the output of coal was only 3,291,652 tons, tone buoyant.
The following statement, made up from returns colagainst 3,625,683 tons in August, 1889, and 4,097,562
tons in August, 1888, showing that production was lected by us, shows the week's receipts and shipment*
very decidedly curtailed. The allotment for the month of currency and gold by the New York banks.

was 3,250,000 tons, which does not differ much from
the 3,291,652 tons actually mined.
As the question of railroad rates is still the most
important subject in railroad affairs, it is not surprising to see that discussion of the same finds a prominent place in the report of the Milwaukee & St. Paul
and also in that of the "Wabash, both received this
week.
The remarks of President Ashley of the
Wabash, we refer to in another column. President
Miller of the St. Paul does not go over the ground so
extensively, but his observations lead him to the same

Week EtuHrlQ Sfptember

Received by

19. 1890.

Cnirency
Gold
Total KOld and lenal ten«er»

$4,411,000, Loss. $3.175.00<>
1,238,000 Loss. l.'iSe.OOO-

$1,236,000

$5,617,000 Loss. $4.4i:,0O<>

With the Sub-Treasury operations the
Wetk End*n« Settember

Banks Interior movement, as above
Total gold and legal tenders

The

$1,2HG,000
31,400,000

Germany
ust.-Hvng'y.
Netherlaad*...
Nat. Belgium

Net Chmae in

Bank Holding.

$3'A636,0O0 $23,347,000 Gain. $9,289,000

6.340,000

amount

of

and

this week,

September
Sold.

£

buUiou
at the

19. 1889.

Silver.

£

Total.

£

»0,a-J8.705
20,828.70563,313.000 50,510.000| 103.828.000
27,741.667 13.872,333 41.617,000
6.435.000 13,885.000 21.320.000

51,241,000 60.615,000 101,836.000
26,062,867 13,028.333 39.079.000
4,827.000' 10,526.000 21.353.000
4,812.000

is:

$5,617,000 Lois. $4,411,000
17,700,000 Gain. l».700,00»

following table indicates the

Prance

result

Out of
Bankt,

Into
Banks.

19, 1890.

Mr. Miller points out that the in the principal European banks
only result possible under the law as it now stands corresponding date last year.
is the absorption of the weaker lines by the stronger,
September 18. 1890.
Banki of
and that this is a painful process which can
Ovid.
SUvtr.
Total.
stop only when
there is but one
corporation
£
£
S
21.741.025
21.741.925
and competition is destroyed. In other words, " unre- EnKland

case in a nutshell.

Net Interior
Movement.

$1,-^36,000

general conclusions.

" strained competition will in the end destroy all com" petition." This is a happy phrase, and states the

Shipped kv

y.r.Bankt. X.T.Banla.

6.509.000| 6.137.000

10.152.000

11.046,000-

2.693.000 1.284,000
2,912.000 1.456.000
4.368.000
3,888,000
enough,
Tot. thla week 111.686.592 86.963.333 198,549.925| 116.423.372 87.700.338 203028.70*
as is evident from the fact that the freight tonnage of iv>t prey.
ir*k. 112.886,863:87.180.33;! 200.082.196 115.8t6.5S8l87.8S0.S33{ 293,802,821
the St. Paul increased no lees than 1,523,117 tons durThe Assay Office paid $580,071 through the Subing the late year, or nearly 20 per cent. But there was
Treasury for domestic bullion during the week, and the
a further decline in rates, which now stand at less than
Assistant Treasurer received the following from the
a cent per ton per mile.
The actual figure is 0-995 Custom House.
cent.
In 1889 the average was 1-059 cent and in 1880
fJoruutiHg of—
it was 1-76 cents.
President Miller states that if the
Date.
Dutia,
aUttr OtTOold
U.S.
freight tonnage of the past year had been carried at the
Bold.
UfltaUi.
Nolet.
Oerlifie'i.
average rate of the previous year, the revenues of
$6,41»
$34,000
Sept.12.
$14,260
$380
$477,802 46
the company would have been increased 11,178,134,
6,000
" 13.
14,320
10,550
705
416,188

Traffic certainly

grows

fast

.

1

IS

which would have been net revenue.
He
says that " the conditions which have led to low
"rates ou competitive traffic have also reduced rates on

"

*' local traffic

Total

all

of

througl^ the operation pf the long-and-

15.

" 16.
" 17.
"

18.

47

220
520
457
605

11,100
10,750
0,800
7,850

59,400
53,700
36,370
26,870

8,000
10,500
5,30O
7,950

$8,128,016 36

$2,887

$61,110

$224,660

$43,160

478,225
643,160
561,282
551,357

60
56
08

THE CHROJMCLR

3fiO

TREASURY OPERA TIONS AND THE MONEY
MARKET.
Perhaps no fact in connection with the recent stringency in money appears more clearly than the difficulties which fall to the lot of the Treasury Department
under existing laws whenever an occurrence of that kind
The connection between the money market
develops.
and the Treasury is very close, and until the late extraordinary measures the Secretary found it hard to keep

[Vol. LI.

ment giving in exact figures the expenditures and
disbursements for the period from August 15th to
September 13, inclusive, and this containing other
items besides those mentioned makes a still more im-

The statement, we are told, was
by an inquiry from a Philadelphia banker,
and seems to have been compiled under the direction

pressive

exhibit.

called forth

General

of

Treasury.

Nettleton,

From

the

Assistant

New York

Secretary

of

the

Times of Monday

morning we quote it as below. Of course as it is
brought down only to the close of business on Saturnot seem strange that low bank reserves and high inter- day last, it does not comprehend any of the transactions
est rates should by many be regarded as a situation of this week, such as the purchase of 16 million
chargeable, in part at least, to those in control of the 4 per cents, prepayment of interest on currency
Government finances. Not only that, but it has become sixes, &c.
a confirmed habit with our people, as the result of the BECEIITS AND DISBURSEMESra BY THE OOTERNMENT FROM AUGUST 15,
1890, TO BEPTEMBEH 13, INCLUSIVE.
*
intimate connection between Treasury operations and
Expenditures for purchase and redemption of bonds since August 15,
the money market, to look to Washington for relief at 1890, under circulars of Auf^ust 19, 'ii and 30, and forthe prepayment
of interest under circular of September 6, 1890:
the slightest symptoms of hardening rates for loans or Circulars of Aug. 19 and 21, $21,100,000 413 per cent
his outgoes of cash in excess of the ingoes

;

so

it

does

,

Every fall when the demand for money to
move the crops comes upon us the Treasury Department is relied on to supply the whole or the greater

discounts.

part of the funds necessary to meet the drain, so that

bank reserves shall be kept in an easy condition. For
a number of years now this expectation has not been
disappointed.
In one way and another the Treasury
has always managed to let out considerable amounts of
money at this season, and the present year is proving
no exception to the rule, only the calls have been
louder and the demands more urgent, as they naturally
would be under a growing reliance upon the Treasury

bonds, redeemed nearly all at \0i^
$22,043,310 00
Circular of Aug. 30, $10,103,100 413 per cent, redeemed
at 104J2
10,557,739 50
Purchase of 4 per cent bonds, $2,411,450, at 124 and

125

2,997.623
2,897,724
1,197,920
1,800,000

Prepayments of interest to and including Sept. 13
September interest on 412 per cent bonds
Eedemptiou of national banknotes
Total expenditures account of public debt

Payments

00
00
00
00

$41,491,316 50
6,000,000 00

for sliver bullion

Ordinary expenditures from Aug. 15 to Sept. 13, inclu-

33,802,15017

sive

Aggregate disbursements
$31,296,466 67
Total receipts during the same period, including national
bant redemption fuud
37,340,159 01

Disbursements In excess of receipts tor the period

named

$43,956,307 66

This statement has attracted wide attention, and
the results disclosed have excited surprise.
Between
as a never-ending source of relief.
dates
It is necessary to bear these facts in mind in order to the
covered by the statement or rather,
comprehend fully the existing situation. Were it not between August 16 and September 13 the reserves of
for one or two special circumstances, doubtless criti- the New York banks have diminished considerably;
cism of the Secretary's action would have been no more that is, the deficit below the 25 per cent minimum
severe than usual.
Relief had been expected and relief of $655,725 at the former date was increased to a deficit
was being extended. But it happened that more than of $3,306,925 at the latter date, while the holdings of
the ordinary difficulty was being experienced in keep- gold and legal tenders in the interval fell from a total
ing Treasury funds out, and furthermore the fact was of $99,221,300 to a total of $92,505,800. In substanrecalled that the Secretary had greatly reduced Gov- tially the same period the Treasury Department disernment deposits in the banks. Hence, the conclusion bursed, according to the above official statement, about
was hastily reached that the stringency in money which 44 million dollars in excess of its receipts of every kind.
had developed had resulted from those causes. The It was known that the shipments of currency to the
Secretary and the other officials connected with the interior sections of the country were heavy, but that the
Treasury Department are of course anxious to remove Treasury should disburse 44 million dollars net and yet

—

impressions of this kind, and with that end in view have
number of statements giving facts and figures

issued a

to show what action the

Government had taken and
the effects of such action.
No one conversant with the occurrences of recent
weeks need be told that the Secretary has been both
earnest and vigorous in his efforts to relieve the market.

About a month ago he bought 20

millions of 4^ per

not a trace of this vast

sum

—

be visible in the reserves

banks has to most persons seemed
a marvelous revelation.
But the mistake is in supposing that the 44 millions excess in question means an
actual transfer of cash to that extent from the Government vaults to the banks. Evidently no such largs
transfer of cash has occurred, and the Treasury officials,
we assume, did not mean to convey the impression that it
The statement was doubtless intended to furnish
had.
in a striking way an illustration of the extensive proof our clearing house

which included full interest to the date
of maturity, and subsequently offered to buy 20 millions
more on the same terras, a large part of which second vision made for getting cash out of the Treasury, and
offer has been filled.
Then he agreed to prepay a the heavy aggregates reached ought to carry conviction
year's interest on the 4 per cents, which, if accepted in with them by reason of their very magnitude.
full by all bondholders, would take 23^ millions out of
At all events, it is certain that between the dates
the Treasury.
Finally, he this week ordered the pre- given the Government holdings of cash were not diminpayment of a year's interest on the 64^ millions of cur- ished to any such extent as the above figures would
rency 6s, and on Wednesday bought *16,931,800 of 4 appear to indicate. The only conclusive information
per cents at 125@126|, calling for a disbursement of on the point in question is that furnished by the figures
over 21 million dollars.
showing the net Government holdings of all the various
A mere recital of these events, now familiar to all, kinds of money that is, the holdings after deducting
ought to be conclusive as to the point whether Treasury such amounts as are held against outstanding certificents, at a price

—

operations occasioned the tightness in money.
But a cates of gold, or silver, or legal tenders, the certificates
statement has been prepared by the Treasury depart in such cases being the representatives of the money in

September

THE CHRONlCLEi

20, 1890.]

8H1

A statement giving these facts is furTHE WAIiASll IlKPOnr—LOWEn HATES..
newspapers every day from Washington,
The Wabash Railroad, having its lines right in the
and by taking the statements for September 15 and
heart
of the country, is well situated for securing a
August 15, and arrangiug the figures so as to yield cortrafRc.
large
But the same circumstance nlno makes
show
just
what
the changes
rect results, we are able to
system
unusually
subject to competition (th^re being
the
been
between
the
two
dates.
in Government cash liave
rival
many
lines
in
the same territory), and hence
so
Treasury
reports
from
the
the
above
As the exhibit
transactions " to September 13, inclusive," wc take the not only is it obliged to take traffic at low rates, but it
figures of the 15th in order to bo sure to include the is extremely liable to changes in rates, and even very
slight deviations make a very important difference in the
tracsactions for the 13th.
financial results produced.
Good or bad crops are also
Sept. 15, 18!»0. .luj/. 15, ISOO.
ICrt noltlings nf Cash by Ooeernment.
$183,593,8.J2 $187,07!>,!)79 of great importance, but
Oolil coin niitl luiUion
on the whole the property
9,895,a54
19,989,160
SUver colli uml biiUlon
10,130,116
12,005,041 may be said to be more dependent upon fair rates than
Legal tender notes
124,750
70,9.">S
National linnk notes In cash
upon anything else, and its fortunes fluctuate in great
5,410,047
4,609,890
National bank notes In rodeiuptlon
measure as the rate situation is favorable or unfavor21,403,418
22,248,226
Fractlonnl gUvercoin

tlio

Treasury.

nislied to tlio

able.

We have this week the first report (for the year endThus between August 15th and September 15th the ing June 80, 1890,) of the reorganized company, and
Government holdings of the various kinds of money in it President 0. D. Ashley makes some pertinent
diminished $1G,3'-J5,540, and that would appear to be observations bearing upon this feature of railroad affairs.
the actual net amount transferred from Government The reorganization has placed the property on a much
$230,577,720

Total

$246,903,266

In this
comparison we have taken no account of the holdings
of new Treasury notes on September 15th, since at the
initial date in the comparison such notes were not
in existence; if we should regard these holdings, the
diminution in cash would not be quite as large as indicated by the statement.
Taking the 16J millions just
as it is, that sum (in addition to the new Treasury
notes issued and put out for the purchases of silver)
counts of course as an important contribution to the
supply of currency in the channels of commerce, and
is evidence at once of the efforts of the Treasury

safer basis

As to the difference between the 16J millions and the
44 millions excess of disbursements indicated by the
Treasury exhibit above, 6 millions of the amount represents payments for silver bullion purchases.
Such
payments being made in new Treasury notes specially
created for that purpose would not diminish the
Treasury holdings of net cash. Taking out the 6
millions on this account there is still a difference of 21^
million dollars between the Treasury loss in cash according to our exhibit and the excess of disbursements
reported in the Treasury exhibit.
This difference we should should judge must in the main represent disbursements which up to September 13th had not
taken cash out of the Treasury. Gen. Nettleton, for
instance, is quoted as saying that " the item of ordi"uary expenditures includes about $19,000,000 of pen"flion payments, checks for which began to be drawn
"on September 4." We have italicized the word
" began " because it seems to have much importance,
sustaining the inference that many of these checks
liad not been cashed at the time when the Treasury
exhibit was prepared.
Doubtless also some other of the
ordinary expenditures are represented by amounts disbursed but not paid out. If this interpretation and
construction of the results be correct, then there is con-

Ashley says that while this particular reduction was in
one sense voluntary, in another sense it was compulsory, "because of the clause in the Inter-State law
" which forbids the application of the most effective
" method known for the adjustment of suicidal com"petitive struggles." The great problem in regard to

vaults to the banks on the Treasury operations.

financially

than before, and in addition

it

has been relieved of a considerable amount of unprofit-

and burdensome mileage.

howand
compactness of the system has been well preserved, and
the power to attract traffic increased rather than
diminished.
The question, therefore, whether pros-

able

While lopping

off,

ever, these unprofitable pieces of road, the unity

perity shall attend the operations of the road resolves
itself

largely into a question of rates.

quarter of the late

fiscal year,

During the

last

according to the report

before us, there was a general reduction in rates averaging more than 20 per cent, with the effect that the
Department to get its cash out, and of the fact that net surplus above charges and expenses was less than
such efforts were successful to the extent of the amount had at one time been anticipated during the year.
in question.
Commenting on this phase of the situation. President

siderable

money

for the 4 per cents
for a disbursement

to

come out

of

Government

;

on the capital invested."
rather surprising to find, even knowing that
the rate situation was unfavorable in the last quarter,
that^the average amount received per ton of freight
per mile for the twelve months was as much as 1*09

"pay
It

a very moderate interest

is

mills less than in the twelve

that the average

is

now down

months preceding, and

to the very small figure of

vaults

in addition to the payments for the further purchases
of 4J per cents and the disbursements for anticipated
interest

"the traffic of all lines within the agricultural area
"of the West, and especially within the grain belts.
"Never, however, in the history of railway transporta"tion have such enormous crops been moved from
"producers to consumers at such low rates and but
"for the magnitude of the movement it could not have
"been accomplished without serious loss to the car"riers.
The result is, that a year which within the
"last decade would have given large profits to the
"railway lines employed has only yielded enough to

Wo assume
647-thousandths of a cent per ton mile.
recorded as disbursements.
Such that the further decrease in the average in the late
addition to the payments this week year was in part the result of a larger proportion of
purchased (calling, as already said, low-class freight carried, and this inference is sustained
of over 21 million dollars), and also by the fact that there was a decided increase in the

still

on items already
amounts will be in

he observes, still awaits solution. "Abundant
"crops and a successful harvest told favorably upon

rates,

on the currency

6s,

&c.

a striking commentary upon the cheapness of railroad transportation
that a large system like the Wabash should have been

grain tonnage of the road.

Yet

it is

THE CHRONICLE.

362

able to realize an average only a little above five-eighths
of a cent per ton per mile on

its

entire traffic, compris-

ing local and through and high and low class freight.
The increase in traffic the late year was very decided,
the tons hauled rising from 6,267,780 to 6,832,358, and
the tons one mile from 1,094,717,509 to 1,430,197,333,
these figures also furnishing an idea of the magnitude

The largest two single
coal and corn, both of
bituminous
items of freight are
which have to be moved at low rates. Of corn, 1,202,704
tons were hauled in 1889-90 (against only 868,893 tone
of the company's business.

in 1888-9), this traffic forcfting 17-60 per cent of the
entire paying freight traffic of the road.

Of bitumin-

ous coal, 1,604,231 tons were carried (against 1,563,292
tons), this being 23 '48 per cent of the whole traffic.
Notwithstanding that the extent of road operated

1890 was only 1,922 miles, the
both in actual tons and in tons one mile for that year
was materially greater than in 1883 and in 1884, when
But the average rate
over 3,500 miles were operated.
realized in 1883 was 0-948 cent, while in 1890, as we
have seen, it was only 0*647 cent, being a decline of
were also
however,
nearly one-third.
Expenses,
freight

in

traffic

reduced, so that the net earnings per ton mile in 1890
were actually a little greater than in 1883, standing at
0-168 cent, against 0-161 cant. If we look to see how

[Vor. LI,

under the influence of one grand, all-absorbing, all-controlling purpose. His visits to the Court of Queen Victoria, his visit to the Czar in the second instance, and
now his meeting with the Emperor of Austria-Hungary,
have been connected events; and, although capable of
explanation separately, and on the grounds of friendship and courtesy, they find their true explanation only
in connection with the purpose to which we have
referred.
That they have been connected events, each
leading on towards a special end, is proved by the fact
that a great point in the line of the Kaiser's purpose
has been gained. Arrangements have been completed
renewal of the Triple Alliance for a period

for the

seven

of

and

years;

memorable

because
it
with the renewal of this

this

visit

to

is

ever

will

be

remain

associated

most important compact.
in mind, includes
Germany, Austria-Hungary and Italy, and has the
moral support of England and all the western powers,
south and north, with the exception of France. A»
things now stand the combination would virtually
include Turkey and Bulgaria a powerful coalition.
In the course of her history Europe has known many
leagues
and these leagues have in many instances

The

alliance,

it

will

be borne

—

;

proved invaluable in the way of preserving peace. The
existing compact is a most important and useful
league,
which has helped to give Europe twelve years
find
this reduction in expenses was brought about, we
one important reason for it in the very much heavier of peace. If continued, it promises to bring about^
freight loads carried.
Thus the average load per car most important territorial changes changes which
was increased from 9-58 tons in 1883 to 12-15 in 1890, will harmonize the nationalities and the great Powers,
while the freight train load has risen from 133 to 196 without violence or force of any kind, and which will

—

Even

tons.

increased

in

the

nearly

late

17

year the freight train load

tons,

and

at

196

tons

ultimately render universal and permanent peace a
necessity, and thus pave the way for general disarma-

must be
regarded as quite high, ment. We have already stated in these columns that
Lake Shore the average in the calendar the young German Kaiser is influenced by a strong
year 1889 was as much as 254 tons.
We notice also desire to diffuse comfort among and to add to the genthat there was a much smaller number of empty eral welfare of his own people.
He sees that the concars moved in 1890 than in 1889, and that the average stant rivalry for supremacy, the unceasing dread of
number of miles made by each train was greatly in- war, with the necessity of maintaining large standing
creased.
In these various ways it was found possible to armies, is the great modern curse, the most gigantic
yield pretty satisfactory results in the late year.
For of all the hindrances to popular well-being and his
the

average

though

for the

;

$341,647 for additional
equipment built and purchased, the company was able
to meet all its obligatory charges in full, pay $210,000 interest on the debenture class A bonds, and yet
carry forward a surplus on the year's operations of

purpose

$237,791.

in the line of the purpose with which he has been

after including in

expenses

to bring about such

arrangements as shall
gradually, but more and more, minimize the chances of
war, and as shall render large standing armies unnecessary.

more

is

By

securing the continuation for seven years

of the Triple Alliance he has accomplished

much

credited.

MEETING OF THE EMPERORS— RENEWAL OF THE TRIPLE ALLIANCE.

TffB

In times gone by, but not so very long ago. Imperial
meetings were comparatively rare occurrences
and
the natural consequence was that when they did happen, they were invested with unusual importance.
Circumstances have latterly greatly changed ; and
since the advent of the present Kaiser to power in
Germany, Eoyal and Imperial meetings have become
the reverse of uncommon.
Within a very few weeks
we have seen him with Queen Victoria at Osborne,
with the Czar Alexander at Krasno-Seloe, and now with
the Emperor Franz Josef at Rohnstock in Silesia.
;

It is not to be

way.

Italy

denied that there are dangers in the

would have liked

tino in order to

to get a slice of the

been refused, and wisely, we think,
stances of the case considered.

manded

Italy,

the

all

we

a part of the Austrian Trentino,

Tren-

That has

pacify the Irredentists.

circum-

are told, de-

on condition

of her consent being given to the continued occupation

by Austria-Hungary of Bosnia and Herzegovina. But
to consent to such an arrangement would have been a
violation of the arrangements of the Berlin treaty; and
the great object of the alliance

is to work within the
Austria-Hungary, it is true, could
not have been hindered if willing to make the con-

lines of that treaty.

cession.
But she was not willing; and it was not to
however, of all that he has done to strip be expected that Germany would advise or attempt to
Imperial meetings of their rarity, he has not robbed constrain the Austro-Hungarian Government to act conthem of their importance.
trary to its own wishes.
For the present the difficulty

In

spite,

As we

on a recent occasion in these columns, the with Italy is over. But another government than that
of purpose; and we have the best of of Crispi may come into power, and the Irredentists
reasons for believing that he is now, and ha» been may again raise the cry for what they consider their
almost since the date of his accession to the throne, owUt That is
one difficulty, Then there is the unset*
Kaiser

said

is

a

man

—
Septrmber

THE CHRONICLE.

20, 1890.]

lu addi-

tied condition of the entire IJulkau regions.

tion there

the hunger of Uussia for more tc»ritory on

is

her Boutliwesteru borders and there is the undying
grudge which France entertains towards Germany for
robbing her of Alsace and Lorraine.
All these are sources of trouble; and any one of them
is liable at any moment to bo brought up into promAgainst
inence, if not made an actual casus belli.
these dangers, however, we can always put the powers
represented by the Triple Alliance, and probably the
moral,

if

not also the material, force of Great Britain

not likely to go to war without
France is as little likely to go to
war with Germany without the aid of Russia. In
both instances thoy would have to contend with the
Triple Alliance and all the force which it represents.

combined.

Russia

is

the aid of France.

Thus looked

at, it will

be seen that the renewal of the

868

In ratio the increase of 6-53 per cent for July compares with 11-13 per cent for June, 14-03 per cent for

May and
ratio

14-43 per cent for April. The lowest preriona
year was 844 per cent, in January. Ai

this

regards the net, the ratio of improvement has varied
from 7-35 per cent in February to 15-81 per cent in
May, and the amount of increase from 1803,598 ia
February to $2,355,230 in May, while now for July, a<
already said, we have a loss of $238,349.
Special circumstances modify considerably the unfavorable conclusions which these comparisons would
appear to lead to. In July there was not that gain in
the grain movement at the West which had been
noticed in some other months, though on the ether
hand the live stock movement continued to reflect
heavily increased totals.
But the most important circumstance to bear in mind is that we are comparing

an immense gain in the interests of with exceptionally favorable results for last year. The
peace.
If peace should be prolonged, the Great Pow- July exhibit of net earnings in 1889 was the best of
ers might begin more and more to see eye to eye; and any month of the year up to that time, the increase
then reaching no less than $3,278,609, or over 22 per
it is certainly conceivable that in a friendly spirit they
might be able to come to some common agreement cent, and there being not a single group which reflected
and devise some plan by which the great standing a diminution. In the previous month (June) we were
armies can be reduced, to the mutual advantage of all. comparing with the flood period last year when net
Triple Alliance

is

earnings temporarily recorded a

AN UNFAVORABLE STATEMENT OF NET
EARNINGS.
For the

first

Qron Earnino*.

many months

time in a good

The

loss.

Jul\i.

there

is

a

break in the record of favorable returns of net earnings, and instead of an increase as compared with the
corresponding period of last year, we have for July a

—

following

gives the July aggregates for a series of years.
Net Eamtngt.

Tear

Tear

Increase (rr

Tear

Qtven.

Preced'9.

DecrfoM.

Gli-en.

Tear

'Inereaie or

PreceO'Q.l Dtertatt,

t
* 'I
*
*
38,323,922 38,000,?10 +2,723,703 14,340,46 13.335,209 +1,005,1««
18S8 (86 roads).. 44.eil.381 42,602,358 ,+ 2, 100,023 13,930,081 15,142,100
1.503,016
1889 (105 roads). 48 968,850 45,020,559 + 3,048,297 17.757.991 H,479,382| + 3,278.609
1800 (126 roads).|65,U2,677 52,252,3951+2,800,-282 ,17.772,99l|iy,0U,340l -238,349
I

lH87(r-8ro»da).

—

'

j

The decrease is not large on the contrary it
It is also well to point out that the exhibit the preshardly more than nominal but the fact of the
year would be much more satisfactory except for a
ent
change itself, coming after a long period of gains, is
specially heavy losses on particular roads or systems.
few
significant.
The following summary of the figures will
show how the unfavorable result was reached. The Thus the Pennsylvania has a loss in net for the month
exhibit covers both July and the seven months ending of $500,191, the Chicago Burlington k Quincy a loss

decrease.

—

is

the Philadelphia & Reading (with the
Iron Company) a loss of $152,512, and the
These four comIllinois Central a loss of $121^848.
panies have over a million dollars loss between them,

of $287,497,

with July.

Coal
Januaru

Tulu.
(126 nait.)
1890.

GroBS eam's
Oper. exp...

1 U>

July

31.

(119 TOKb.)

1889.

Incrtase.

t

1

$

55,142.677

52.252,395

37,369,686

34,211,055

1800.

1889.

Increaaf.

t

(

(&

and hence with these excluded there would be a gain of

2,800,282 339,412,625 307,700,987 31,711,638
3,128,631 235.877,608 212,292,897 23,584,611

$823,699, instead of the $238,349 loss

now

reported.

There are a few other roads whose exhibits have tended
Net eam's 17,772,991 18,011,340
-238,349 103,535,117 95,408,090 8,127,027
Altogether ten systems or
in the same direction.
From this we see that the loss in net follows entirely companies (representing 15 roads) are shown in the
from increased expenditures, and thus this feature of following, whose aggregate loss amounts to abont IJ
heavier expenses is again brought prominently to million dollars.
LARGE LOB8E8 IN NET BABNI-fOS IN JCLT.
notice.
There was a gain of $2,890,283 in gross earnPennsylvania
$500,191 Northern Central
46,813
ings, but the augmentation in expenses was $3,128,631. Chic. Bur. <t (3uincy
37,937
287,497 Mexican Central
152,512 Kan. C. Ft, 8, & Mem
35,998
Phila. & Rcadiu)?
Still, even as regards the gross earnings, a tendency Illinois Central
121,848 Cin. N. O. & T. P. (4 r-ds). 33,000
32,369
Central of New Jersey...
51,192 Baltimore &. Ohio
towards less favorable results is apparent. For instance,
It
is significant that of the ten systems here men*
in ratio the gain for the month amounts to oflly 5*53
only the Philaper cent, whereas for the period from January 1 to July tioned as recording losses in net,
Central and the
delphia
Mexican
&
Reading,
the
31 the ratio of gain is 10-31 per cent. The change becomes still more evident when we bring together the Kansas City Fort Scott & Memphis show losses
in gross, so that with these exceptions the falling
results for each month since the beginning of the year,
On
off in net is in every case due to heavier expenses.
as is done in the following.
the Pennsylvania this is especially the case, there having
Oaiii in
Oain inGrost EarKingt.
Net Earnings.
been a gain of $132,792 in gross receipts, but accomAmount,
/'. C.
P. C.
Amount.
.Tannnry
8-44
14-30
$3,.500,450
$1,.554,376
panied by an augmentation of $632,983 in expenses.
February
3,808.116
9-70
7-S5
803,598
'

March

5.037,037
0,516,418
6,060,826
4,922,507
2,890,282

April

May
June
July

Both
exhibit

11-20
14-43
11-03
11-13
5-53

-

1,271,818
1,943,884
2,355,239
1,490,824
Lo88.238,349

893
14-81
1S'81
11-71
1-32

regards gross and net earnings the July
poorer than that for any other month given.

as
is

v

The Union
tem

Pacific has not lost in net (taking the sys-

as a whole), but its gain is slight

— only $16,676

while the increase in gross had been $290,943. There
are not so many exceptionally large gains in gross this
time, the Atchison, with $567,569 increase, and the

While in amount the increase in gross earnings for Union Pacific, just mentioned, being the most promiJuly is 12,890,282, in June the increase had been nent, and yet the St. Paul, the Pennsylvania, the
*4,922,507, in May 16,660,836 and in AprU $6,516,418. Canadian Pacific, the Wisconsin Central, the I^orfolk

.

.

,

.

THE CHRONICLF.

864

[Vol. LI.

Western and the Baltimore & Ohio all haye over of roads denominated Eastern and Middle, only the
$100,000 increase each, and the Louisville & Nashville New York & Northern and the Nortliern Central preand the Cleveland Cincinnati Chicago & St. Louis fall sent unfavorable returns.

&

Here is a list of comvery little short of that amount.
panies or systems having in excess of $50,000 increase

Gross Earnings.

Net Eamingt.

July.
1S80.

I

1890.

1889.

each.
LAKGE GAINS

IN GR08B

EABNINGS IN JULT.

Trunk lines

Atchison and San Fran. .$567,569 Louisville &
Union Pacific (9 roads)
290,943 Clev. Cin. Chic. & St. L..
171,670 Northern Paeitlc
St. Paul
Baltimore & Ohio
144,339 Denver & Rio Grande.
Pennsylvania
132,792 Grand Rai). & Indiana..
Canadian Pacific
113,918 Ches. &Obio
11 2,069 Southern Paclflc (6 roads)
Wisconsin Central
110,410
Norfolk & Western
Nashville..

.

. .

.

96,687
92,981
89,922
85,926
68,831
58,226
53,385

LARGE GAIK8 IK KET EAKNING8 IN JULY.
$164,652 Clev. Cin. Chic. & St.
Southern Pacific (6 roads) 163,126 Minn. St. P. & 8. 8.
71.135 Norfolk & Western
West. N. Y. ds Penn
62,816 Allegheny Valley
St. Paul
Grand Bap. & Indiana... 40,586 Wisconsin Central

Atch and San Fran

M

L....

37,427
37,074
33,330
32,711
31,023

14,818.531

14,315.988

3,t06,0.58

2.803,436

1.008,110

963,295

6,250,830'

6,802,023'

1,833,065

1.984,500

(211

Nortbwe8tern..(14t

Southwestern.

Inc. or Dec.

P.O.

t

—465,180
+44,815
—151,445
+151,115
+222,049

4,7.33.387

9-83
4-85
7-8S
12-21

.(71

4,625.885

S,959,7(;l|

Pacific sy8t'ms(20^

12,083,927

11,401,444-

4,915,970

r'ds. .(30)

5,168,185

4,887,888'

1,889,174

1.607,837

Coal comp'nie8(ll)

6,949.145

6.100.602'

1,669.304

1,8.34.233

2,800,889

2,119,361

808,815
191,739

746,996
209,680

—184,829 8'99
4 81.820j 8-28
—17,041 8-56
—238,349 1-32

Southern
Eastern

This list looks quite extensive alongside of the following short list of leading gains in net earnings for
It will be noticed that only the Atchison
the month.
and the Southern Pacific show more than a hundred
thousand dollars improvement in net.

...(10)

Middle WeBt'n

1889.

s
4,268.187

& Mid.dl

l,S88,837j 1,237,522

4.893,921

Mexican roads. (2)

740,227

Total, 126 roads.

55,142,677

52,252..395| 17,772,991 18,011,340

96,125.616

86.695.923

772,062:

4-73

+ 81,347i

6-06

1

Jon.

1 to Atf^. 1.
I

Trunk

lines

(8)

Middle West 'n.(301 20,143,470 18,029.987
North weatern..(13) 39,i55,231 36,118,607
Southwestern. (7) 29.966,04.': 25,679,013
Paclflc syst'ms (20)

73,86.1,039

88,016,622

Southern

r'de..(28)

."7,304,662

32,306,224

Coal comp'nlesdO)

24,978,739

23,386,170

13,168,918

11,842,611

5,808,876

6,728,02^

Eastern

& Mid.dl)

Mexican roads

_

(2)

27,401. 07,26,,758,021

+1,733,886

b,,825,227

+1.54.783

:.98'),,010;

11.675,,673' 10.,772.5.11

+903,111
+2,282,204
23,178, 72* 22,,»17,669
+761,066
11,051,
,741,225| +1,809.837
9,435,
,402,194 +1,038,054
3,806,
.430,008
+374,985
1,619,
,045,099
—425,848
9,298,,210

7,,018.006

Total. 110 roads 389,412,626 307,700,98' 103.536.117 95,408.000

+8,127,027

6-73

2-66

sas
32-53
3-39

13-37

12-30
10-93

20-81

8^

These ten systems (representing 18 roads in our NOTE.-IKCHTDEI) UNDKK THE HKAD 0»—
Trunk
St. Paul 4 Duluth.
GeorKla RR. 4 B'kit Co.
table) have together less than $700,000 increase, while B. 4 o.. East Lines.
of Ohio.
Wisconsin Central."
Ga. iSouthern and Kla.
B. 4 O.. West of Ohio.
I'Ck. Tumpa 4 K. W.
the ten systems above showing large losses in net (and Clev, cm. Cllic. & St, L.
IvHutucky Central.
Southwestern,
Grand Trunk of Cunada. Atch.Top.4 Santa Fe Sys Louisville 4 Nashville.
Chic. & Gi. Trunk •
representing 15 roads) had, we have seen, an aggregate
Roada Jointly owned.
Louisville N.O. 4 Texas.
Det. Ud. liar. A Mil.*
Nash. Chat. 4 St. Louis.
St. L. 4 8an Fran. sys.
Y.
E. A West,
Sew Orleans 4 Gulf.
Denver 4 Illu Urande.
decrease of about 1^ million dollars, indicating the N.
Ohio & Mlsssissipl.
Kan.C. F'. S. 4 .Mem.
Norfolk 4 Western.
Pennsylvan-a.
Little Rock 4 .Memphis.
Ohio River.
prominent part played by these latter.
Wabash (consol. system.) Rio Grande Western.
Petersbura.
KIch. ,V Petersburg.
When we come to arrange the roads in groups or
Middit Western.
Pacific Sl/atems.
S vv. Araer. 4 .Mont.
BHltimore SObioSouthw Canadian Pacific.
Shen^ndoab Valley.
v
geographical divisions, we find four groups which show Chic. & est Mien.
Morthern Paclflc.
South Carollns.
Clevelaud Akron 4 Col. Oregon Improvem't Co.
lall. 4 Coosa Valley.*
4 Canton.
Prescott 4 Ariz. Cent.
Tennessee Midland.
diminished net earnings, namely the trunk lines, the Cleveland
Day. Ft. Wayne & Chic.
San. Fran. 4 North. Pac. Wrlghtsv. 4 Tennllle.
Bay City 4 Alpena. So. Pac— Pac. System.
Northwestern roads, the Mexican group and the coal Det,
Det. l.ans. & Nor.
Gal. Har, 4 S. A.
Coal Companies.
Joliet 4 Eastern.
Louis. Western.
Buff. Rooh. 4 Pitts.
The latter two also have a loss in gross earn- BiBin
roads.
H'lii.t 4 Here .Marg.
Morirun-s La. 4 T.
Central of New Jersey
Grand Raulds 4 Indiana. N. Y. Tex. 4 Mei.
Phlla. 4 Reading.
While the bulk of the falling ofE in net in the
ings.
(In. Rich. 4 Kt. W., 4o.
Texas 4 New Orleans.
Ct al 4 Iron Co.*
Illlnots Central.
Cnion PacificPittsburg 4 Western.
Ore. 8h. L. 4 UUh Nor.
Pitts. Clev. 4 Tol.
coal group comes from the Heading and the Coal & Ind. Decatur 4 West.
Lake E. Alliance 4 So.
OreKon Ry 4 Nav. Co.
Pitts. Palnes. 4 Fair.
Erie 4 Western.
Union Pac. Den. 4 (^ulf Summit Rrancb.
Iron Company, really all the roads in that group have Lake
Pittsb. Younes. 4 Ash.
St. Joseph 4 Grand Isi.
Lykens Valley.
Val. 4 N. Eng."
All rither lines U P. sys. Western N. Y. 4 Peiw.
suffered reductions excepting only the Western New Bcloto
Toledo Col. 4 Cin.
Central Branch U. P.
West Va. Central.
I..

.

York & Pennsylvania, the Buffalo Rochester &

Pitts-

burg and the West Virginia Central.
In the Northwestern group, however, the loss is
almost entirely the result of the decrease on the Burlington & Quincy, there being indeed only two other
roads in that section (the Burlington Cedar Rapids &
Northern and the Burlington & Western) which fall
behind in net. In other words, as a whole the returns
from that section are very good. In the case of the
Milwaukee & St. Paul, the " Soo " road and the Wisconsin Central, the gains are quite large.
In the trunk
line group, too, the character of

the exhibits

is

4

Toledo

better

than the loss shown would lead one to suppose. Only
the Baltimore &'Ohio and the Grand Trunk of Canada,

Ohio Central.

Tol. 4 O. C. Extension.
Toi. Peoria 4 W.

MoDtsna Union.

Leaven,

Tt'P.

Man. Alma

4

4

Southw.

Burl.

Eastern A Middle.
Allegheny Valley.
Baltimore 4 Potomac.

Xorthwtst-em.
Sout^rn Roads.
Camden 4 Atlantic.
Burl. Cedar Rap. 4 Nor.
Atlantic 4 Dinv.
N. Y.
England.
Burlinfiton 4 Nor'west'n. Cape Fear 4 Yad. Val.
New York 4 Northern.
Burlington 4 Western.
(Antral of Georiria.
N. Y. Ontario 4 West.
Cedar Falls 4 Minn.
Chattanooga llotre 4C.' Northern Central.
Chtc. Burl. 4 Quincy.
Chattanooga Union.
Staten Island.
Chic. Mil, 4 St Paul.
Ches, 4 Ohio.
aiony Clove 4 C. Mt.

4New

Dubuque 4 Sloui

llumestoD

City.

4 -henandoab

Keokuk 4 Western.
Minn.

4

St.

(juinay
*

4

Omaha 4

S. S.

Cin. N. O.
New Orl.

4 Southwest. Ulster 4 Delaware.
4 Tex Pac.
West Jersey.
4

Nortlieast.

Alabama 4 Vick^burg.

Louis.

Mliin. St. Paul

Ches. Ohio

M.

K. C.

Vlckebiira

Empire

rth.

4 Dub

4

in.

Pac.

Mexican Roads,

Mexican Central.
Mexican National.

For the month only.

[From our own oorrespoudent.]

London. Saturday, September

6, 1890.

The money market has been tending downward all the
week. On Thursday the outside market repaid to the Bank
besides the Pennsylvania, liave suffered a reduction of
of England what it had borrowed on the previous Thursday,
their net, and except for the very heavy decrease on
but the repayment hardly aflfected rates. Yesterday an instalthe Pennsylvania the section would show a gain.
The ment of the Indian loan amounting to a million sterling fell
Middle Western group likewise makes a very favorable due, and the immediate course of the market will be largely
exhibit.
There is a large loss on the Illinois Central, influenced by the action of the India Council in regard to
and the Pittsburg Youngstown & Ashtabula and the this sum. If it lends in the open market, rates will almost inevitably go lower. But, on the other hand, if it makes adToledo Columbus & Cincinnati each have a small loss;
vances to the Bank of England, it will so lessen the supply of
but otherwise there are only gains.
money afloat that the Bank may be able to get control of the
In the Southwestern group the Atchison furnishes market.
Meantime, however, the tendency upon the Continent
the principal part of the gain shown, but the Denver
& Rio Grande and the Rio Grande Western have also towards greater ease is rendering it more difficult than it
lately was to maintain rates here. The Bank of France is recontributed to the same.
The Little Rock & Memphis
markably strong, holding in gold and silver over 103 millions
and the Kansas City Fort Scott & Memphis fall behind.
sterling, yet the Bank of France has kept its rate of disIn the Pacific group some of the lines in the Union count at 3 per cent since the beginning of last year, and is not

show losses in net, as do some of the inclined to lower it at present. What is just now depressing
Southern Pacific system but on the whole the Paris market is the action of the Finance Minister in rethe returns from that group are fairly satisfactory. paying on this day week about S}4 millions sterling of Treasury bills. The repayment has added so much to the resources
Southern roads have done quite well, though there are
of the market that several of the great banks which have oflinine roads (out of the 30 reporting) which are not
ces in London have been competing here during the week for
able to report as large net as a year ago.
In the group English bUls. At one time the rate of discount was as low as
Pacific system

lines in the

;

I

September

THE CHRONICLK.

90. iSOO.J

p<;r cent, but the more general quotation now is S%
per cent, thougli businesw is occaaionally done somewhat
lower. Ah yet the influx of Rold from abroad exceeds the
efflux.
During the week ended Wednesday night the net re-

8>4

by

Bank

England amounted

to close upon a quarbe noted, however, that during the week about £140,000 in gold was sent to South America.
Part was said to be on account of the purchase of the Western

ceipts

tlie

of

ter of a million sterling.

Railway of Buenos Ayres

It is to

;

and just now

it

would seem as

if

the intention were to remit the gold that is to be sent to
Buenos Ayres in small sums, in the hope that the market may
not be alarmed. If, however, the shipments become frequent,
apprehension is amost sure to lie excited.
There is much uncertainty in the silver market here just
now. The principal buyers are rather distrustful, and brokers
are not very willing to deal freely. On Wednesday the price ro-_e
to 54?gd. per ounce; but on Thursday the quotation was only
54}i'd., although no business was actually done, and the
brokers refused to fix and send out a price, as they usually do,
in the evening.
Yesterday there was a further fall to 54d.
Tlie decline is attributed here to the weakness of New York
operators, who offered bullion at constantly falling prices.
Little or no business was done on Thursday, but yesterday
there were purchases, alleged to be on Continental account.
The London market is for the time being following blindly,
at a distance, the lead of New York, and most dealers
here are acting very cautiously.
There is an impression that speculation, not only in silver itself, but in
silver securities, has been carried too far.
Four-anda-half per cent rupee
paper at one
time this week
was over 93; at another time it fell under 91; and it has since

been fluctuating a good deal between the two extremes. There
is no doubt that'the speculation in the security has been very
large indeed, and though it has been led by very wealthy
people and powerful institutions several weak speculators
have also taken part in it, and some think that the account
for the rise is getting top heavy. In Mexican railway stocks
there has been a fall during the week attended by partial recovery. The rise in these stocks was based, no doubt, upon the
early payment of a large sum by the Government in redemption of its subvention, as well as upon the benefit that would
accrue to the company from the rise in silver, and the speculation has been wild and carried entirely too far. At the same

time there appears to be an increased speculation in Berlin in
Austrian silver rentes and in Russian silver and paper notes
and bonds. The Russian and Austrian exchanges are rising
very rapidly and are disorganizing the export trade.
The Russian Finance Minister, while he naturally welcomes
the rise in the exchange, is yet apprehensive that it may have
serious consequences for the agricultural and exporting classes.
It is said that he has been adopting various expedients for retarding the rise, and it is also alleged that the ukase just
issued raising the import duties 20 per cent is intended to act
as not only a check upon imports but as an assistance to exporters. The Austrian exchange has also risen very rapidly,
and is impoverishing the agricultural classes. From India

866

in fact it would teem a.) if they were being comored.
la
about a month there has been a rise of conaider&bly over •
hundred francs per share. Bank of Franco share* have also
risen, and there is a large and active »p«'culatlon in diamond

and

shares and copyter shares. The shares of the Rio Tinto Company, which at one time fell to £9 in the jKinic caused by the
failure of the Comptoir d'Escompte, are now as high as
25J^.

The very highest

price reached during the operations of th*

Copper Syndicate was 27^.
The company has a bonded
debt of about 3l<i millions sterling, bearing 5 per cent interest,
and redeemable by half-yearly drawings. The annual charge
for interest and sinking fund is about £240,000. It is understood that a plan is being prepared for paying off the whole
debt by the issue of new ehares in such a way that the whole
of tha new shares together secure a dividend of 6 per cent out
of the annuity of £240,000 which now goes to the bondholders.
The activity of the Paris Bourse is stimulating business
here in London, and there is much dealing in Rio Tinto and
other copper shares, in De Beers and other diamond shares.
The South African gold and land market is also higher, but
there is less activity than last week in British railway stocks,
and the market for American railroad securities is almost entirely neglected.
It was hoped that on the resumption of
business after Labor Day there would be a general rise in New
York, as people concluded here that the monetary stringency
was over and that the labor disputes would not prove serious.
When, however, the rise did not take place the market was so
greatly disappointed that for the

time being at all events
has disappeared. No movement of any importance has taken place in the Argentine, Uruguayan and Brazilian markets.
But the tendency is weak, and there is really
more apprehension than the quotations would seem to indiinterest in

it

cate.

The weather has been more favorable this week than for
two months past, and harvesting has made much progress.
The general estimate appears to be that the wheat crop in the
United Kingdom will be about an average, but that much of
it will be soft and unfit for milling, at all events for several
weeks to come. The price of English wheat is slightly lower
this week than last, but on the other hand foreign wheat is
rather higher. The markets, however, are very quiet, and
the

demand

small.

A

parliamentary paper has just been issued containing the
correspondence between the Board of Trade and the railway

companies respecting the regulation of rates. The companies
complain that the adoption of the figures proposed would
diminish their present annual revenues so much as to render
it quite impossible for the directors to submit to the proposa
except under compulsion from Parliament. They all askj
further time for negotiations, and will evidently offer the
stoutest opposition in their power.

The following return shows the position of the Bank o
England, the Bank rate of discount, the price of consols, &c.,
compared with the last three years :
1880,
Sept. 3.

£

1889.
Sept.

4,.

£

1888.

1887,

ilept.6.

Stpt.7.

£

£

likewise reports come of serious difficulties caused by the rapid
rise in the exchange.
The native dealers in Calcutta have

Circulation

combined

upon a reduction in the prices of goods invoiced to them some time ago. The rise in the exchange is
equivalent to a fall of from 20 to 25 per cent in the prices of
European goods in India.
And the native dealers claim
that they are unable to pay the prices they had in fact agreed
to pay.
It is understood that the European importers are

(Joyernment securities
Other securities
Reserve
Coin and bullion

afraid of enforcing their claims, lest they should drive too
many of the native dealers into bankruptcy, and of course exporters are also complaining bitterly of the difficulties caused
to them by the rise in exchange.

Messrs. Pixley & Abell write as follows:
Gold— Beyond some small orders for India, there have been no
inquiries fur gold during the week, and the Bunk has purchased

to insist

The abundance and cheapness of money in Paris, the belief
that European peace is assured for a considerable time to
come, the improvement in French trade, and above all the

Public deposits
Other deposits

Prop, assets to

liabilities. per ct.

B&nkT&te
Consols
Clearina-Uouse returns

81,919.499

24,953,900

84,6o5,8S)

24,712.840

2,4t7,l>81

3,653,075

4.231,7a

29,033,855

4,590.605
24,798,880

24,1.17,429

21.915.670

13,974,237

11.760,832

14,521.400

21,836,621

21,033,133

19,2.33,151

14,219,435

13.083,8-36

12,419,227

2-2,688,925

20,837.736

20.905407

14.042,742
18,171,812
11.377.548
20,339,888

44^

iOTii

4

4
perct.
9615-16ld.

9615-16

170,383,000

133,167,000

44^

4

98K
120,904,000

114.453,000

£110,,^00. Again.st this, £207,000 has been withilrawn, of which
£55,1.00 goes to South America, £102,000 to Brazil and £50,000 to
Lisbon.
Australia, £11,000;
Arrivals— River Plate, £101,000;
Natal. £14.000; Chile, £49,000; total, £178,030.
Silver— The day after our last circul.'vr silver was quoted at l^ad..
there being a good demand for the Conttueut. This rate wa< maintnliicd until after the India Council sale, when it rose to 54^(d. To-day
there are no orders, and the market closes noiuin*!. Arrivals— Kiver
Plate, £20,001'; Chile, £21,000; total, £tl,00U.
Mexican Dollars— These coins have been quite nominal at 1 •« d. nndar
silver. £9,000 came from New York and £224.000 from Vera Crux.
.'5

copper shares and other securities taken over from the
Comptoir d'Escompte, are stimulating business on the Paris
Bourse in an extraordinary way. French Rentes are higher
The quotations for bullion are reported sts follows:
than they ever have been. The bonds of all the great railway
SILVER.
QOU).
companies have risen marvelously.
There is an extraordi- London Standard. S«Pf- *• -*»>•
I^ndon standard. Sri'i.
nary rise too in Suez Canal shares and in those of the Credit
d.
s.
».
Foncier. The dispute between the President of the Credit Bar gold, fine
os.
77
Bar sliver
rr
oi.'
Bar silver, containFoncier and one of the Directors -which was brought before the Bar gold, contaln'g
.oa.
gold,
5
0ra.
ing
77 10
20 dwts. silver.. oz.' 77 10
Chambers led to very large bear sales. Since then, at one liquio».
Cake silver
Span, doubloons. OS.'
dation after another the bears have had to pay heavy rates, 8,Am.donbloons.o«.^
o«.
Meitcsn dols
rise in

iSH

3

I

I

t.

Aug.

\

51«

,Wt

MX

'MX

K.

.

—

«

..

.

1

THE CHRONICLE.

366

||The following shows the imports of cereal produce into the
United Kingdom during the first fifty-two weeks of the season compared with previous seasons

[Vou

Since Januarv 1, 1890,
1889 and 1888:

and

LI.

for the corresponding periods in

EXPORTS AND IMPORTS OP SPEOtB AT

NEW

YORK.

:

IMPORTS.
1889-90.
1888-89.
cwt 38,459,476 60,431,598
14,485.973 18,919,328
13,035,911 17,166.636
2.330.114
1,780,026
3.fi89.096
3,192,695
43,717,029 33,211,258
16,544,076 14,466,676

•VVTieat

Barley
Oat9
Peas

Beans
Indian corn
Flour

1887-88.
51,004,275
19,419,648
18,37.5,952

2,958,587
2,850,905
25.314,340
18,332,613

1886-87.

Week.

55.1''.0,192

16.556.904
14,441,213
2.528,812
2,523,168
31,185.135
16,657,244

Supplies available for consumption (exclusive of stocks on

September

Great Britain

21,000
1,200

All other countries..

Total 1890
Total 1889
Total 1888

1889-90.
Aver, price wheat weelr.358. 9d.
Av. price wlieat season. 3 Is. 2d.

1888-89.

36s.
3l9.

2d.
8d.

3l3.
30s.

4d.
Od.

The following shows the quantities of wheat,
maize afloat to the United Kingdom:
This week.

Wheat

qrs. 2,213,000
Flour, equal to qrs. 214.000
Maize
qrs. 562,000

EliiellsU

The

Last week.
2,244.000

333.

Od.

flour

and

224,000
645.000

September

200,000
292,300

as

follows

for

the

week

ending

Sat.

Hon.

5333
d 52
Consols,new, 29i j>er cts. 9512
939,a
do for account
9.T?i
95%
Fr'ch rents (in Paris) fr. 96-471 961712
V. S. 4i2S0f 1891
106^ ,10634
12612 1261^
U.S. 48 of 1907
Canadian Paclflc
8258
84
Chic. Mil. &St. Paul.... 7118
70
Illinois Central
II2I2 II214
Lake Shore
109 T^ 10913
Louisville & Na.shville.. 88^8
88%
Mexican Central 4r
76
76
N. Y. Central & Hudson. 309 "4 109
N. Y. Lake Erie &West'n 25''8
25=8
do
2d cons
loesit
106
Iforfolk & Western, pref
63Te
63=9
Northern Paclflc, pref. .
81
80
54 14
54 18
Penn.sy 1 vania
Philadelphia C& Beading. 2118
20%
Union Paclflc
6118
0058
Wabash, pi'cf
2514
2414

Silver, per oe

Tues.

3313
537,g
53%
331a
936,,
95%
95%
939,
95'ii(. 9.5 13
95»s
95-471S 95-4713 94-77I2 95-20
95'>,8

IO6I4

IO6I4

VJ-Thi

127%

83

70

827e
7013

1121a

112%

109%

109 12

IO6I4
12713

81%
68^8
II212
IIOI3

76I3

88I3
7612

76

108%

109 14

109

88-'3

25 'a

88%

126%

82%
6912

113
IIOI2

89
76
IIOI4

25%

64

63%

64

79%

78 19

3414
21 %
6118

54%

7y%

26
106
64 14
80

54 14

21

54 H

20^3

6078

25

24%

60%
24%

25''a

106 14

10.5%

IO6I4

City, Michigan. Capital. $50,L. K. Parkhurst, President; ,T. W. Parkhurat, Cashier.
4,414^The Waupaca County National Bank of Waupaca. Wis Capital, $.10,000. Chas. Churchill. President; L. H. Pelton, Cashier.
4,415— The Ninth National Bank of Dallas, Texas. Capital, $300,000.
President; T. J. Wood, Jr., Cashier.

000.

Imports and Exports for the Week.— The imports of last
week, compared with those of the preceding week, show
a decrease in both dry goods and general merchandise.
The total imports were §9,058,333 against $10,755,838 the
preceding week and 57,550.348 two weeks previous. The
exports for the week ended Sept. 16 amounted to 17,808,793,
against §4,500,908 last week and $5,555,334 two weeks previous.
The following are the imports at New York for tlie week
ending (for dry goods) Sept. 11 and for the week ending (for
general merchandise) Sept. 12; also totals since the beginning
of the first week in January.
FOBEIGN IMPORTS AT KEW TORK.

Total
Since Jan,

1887.

$2,972,347

1888.

1889.

$2,173,689
6,302,039

$1,762,103
7,296,120

$9,395,601

$10,183,960

$8,475,728

$9,058,223

$90,848,215
244,603,632

$95,747,444
239,727,393

6,423,-i57

746,317 $111,081,424
261,291,687 271,031,784

Total 37 weeks. $335.451.847 $335.474.837 $360,038,004 $382,113
,20,^

In our reiwrt of the dry goods trade will be found the
_
imports of dry goods for one week later.
The following is a statement of the exports (exclusive of
specie) from the port of New York to foreign ports for the
week ending Sept. 16 and from January 1 to date:
EXPORTS PROM NEW TORK POR THE WEEK.
1887.

For the week...
Prev. reported

.$6,220,843

212,604,232

1888.

1889.

$5,371,680
199,894,991

$6,177,320
238,293,113

1890
t$7.803,793
224,939,036

Total 37 weeks. .$218,82.0.075 $203,266,671 1$244,470.433 $232,742,849

following table shows the exports and imports of specie
the port of New York for the week ending Sept, 13 and

-.4.'^^^

At

Since Jan.X,

$1,467,966
$2^33i59'2

l,19l',422

22,612
352,492

191,854
3,790
2,600
2,775

301,343
893,873

$l,106,r,98 $13,992,339

$134,611

4,698

other countries..

Total 1890
Total 1889
Total 1888

313.360
522,200

14,220.421
8.870,875

38,2 10

51.430

650

.394

$4,888,589
1,043,830
1,311,836

Lower rates of interest are again current, and investors
are asked to notice the list of city, town, bridge and other
securities, netting from 3 to 6i^ per cent, offered in our
columns to-day by Messrs. Jones & Faile.
The Alfred Benjamin Company, incorporated under the
laws of New Jersey, has a capital of $1,500,000, divided into
1100 shares— $500,000 preferred 7 per cent stock and §1 ,000,000
common. The stock will be offered by the company at 104 and
106 Bleecker Street October 1, and books will close at 3 P. M.
October 2. Full particulars in the advertisement.

New York— Monthly

FoREtON Trade of

Statement.

— In

addition to the tables on another page, made up from weekly
returns, we give the following figures for the full months,
also issued by our New York Custom House.
The first state
ment covers the total imports of merchandise.
IMPORTS INTO NEW TORK.
1690.

Month.

1889.

General

Dry

Merctum-

Qooda.

Qeneral

Drv

lotcA.

Merchan-

Qoodi.

dUe.

dim.

16,566.805

29.747.151

February

15,795.270

27,922.927i 43.718,19;
28,6;5,'119| 44,l^5,R12|

March

.

....

1

5,570, i 93

April

9,aj6,910

Mar

8.S63.9li5

48,313,9i6

June

15.488,497

July
August..

14,214,700

40.7SA140, 4B,979.05t)|
aS,934.11I 17,19S,W6!
37,114,290 52.8)0,787
41,452,882 65,867,390

11,149,107

.1,500,392

.

4i,619,851l,

Total..... 106.293,S45 278.019.31-^|3S2.:-13,157l

BZPOBTS FROM

NEW

Total

(

$

lanaary...

15.9S4.160

31.842,

18.708.988

311.359,

47,638,717
44,158,253

12.706,558
12,S88.5ll

29,544,

42,310,945

39.812.

41,900,629

B,'<71,012

38.970,

7,981.555

32.078,

43.841,978
40,040,178

13,0d2,3'3c]

36.082,,0981 48,134,413

11.793,5'29

34.114,,8381 4'5,908,167

93.518.87-' 2a0.404.fil0|.(53,921.288

CUSTOMS REOElPTg.

TORK.

At New

MerehanMu.

For*.

Month,
If 89.

1881.

80.156,144

January

27,940,531

26,242.020

Kebraary

28,485,254

28.859,688

March

28,141,088

29,108,075
28,449,285

April

January...
February..

25,506.491

March
April

May

29,187,97i

June
July

29,057,901
27,811,440

Aoput...,

29.078.928

81,544.187

13.888,615

t
14,031.750
12,954.911

12.369,417

18.423,094

13.518,024

15.223.823

I

Total..

May

10,674,626

11,968,778
11.097,853

l!4,28l,774

June

14.492.3S7

10.697,750

28.394.127

July ...
August..

17.ir8,523

13,787,330
13,324,461

I

110,518,6591101.280.727

-J25.209.583 225.085, 19

1890.

$2,859,497
7,326,463

1.

Gen'l mer'dlse..

Week.

1.

~i

recently been organized :
4,413— The First National Bank of Reed

Dry Goods

$6,995,672
4,778,280
5,130,423

ll,(i50

$1,101,900 $13,292,522
287,175
'37;53'8

61 J4
251i

National Banks.—The following national banks have

Gen'l mer'dlso.

$5,204

358,850

Imports.

Since Jan.

West Indies

21%

®0nxnxevctaX mitt I^XlsceUatxeoits ^Tcius

Gaods

126,203
617,310

106 14

For the October account.

For Week.

"3,666
644

—

19:

London.

I>ry

2,503,288
892,969
2,673,664

—

Financial markets— Per Cable.
cable

Great Britain

AH

1888.
1,899,500

1889.
1,518,000
203,000
403,000

^i',566

Expo)-ts.

South America

daily closing quotations for securities, &c., at London,

are reported by

'

1886-87.
29s. lid.

1887-88.

2,400,139
5.720
1,484,013
132,891

Week.

1.

$101,846

$37,727 $18,572,581
144.080, 46,461,834
21,3701 18,790,353

120,019,552 130,513,537 106,947,405 104,036,129

Total

Since Jan.

710.-200
2,77-2,833

South America

ImportBofwheat.cwt.58.459,476 60,431,.598 51.004,275 55,166,192
16,514,076 33,211,676 18,332,643 16,837,244
Imports of flour
Bales of home-grown. 43,016,000 36,870,263 37,610,487 32,012,693

Week.

$900 $11,060,783
14,627

1886-87.

1887-88.

1888-89.

Since Jan.X.

West Indies

1):

1889-90.

Imports.

Ex2>orts.

Spencer

Trask

&

Co.,

BANKERS,
Nos. 16 and 18 Broad Street, View fork City.
PROVIDB.VCB, R. I.:
ALBANY, N. Y.: SARATOGA, N. Y:
TRANSACT A GE.VEaAI. B.ANKI.Va BITSIVESS.
All classes of Seo'irities Bought and Sold on Commission, Special
attention given to Investmeut docurltiea. Direct wire 10 eacli ollico

and

t» Phlladelcliia Boston

I^"

,

CITY

and

Cliicayo.

SPECIAL. NOTICES.
AND COUNTV BONDS OF

WESTERN

Municipalities are dealt In largely by Messrs. S. A. Ke.in & Oo , ot
New York and Chicafio. The attention of Savings' Bank ofUcerg la
called to these securities. The New York otUee is Ht 115 Broadway.

I^ FIVE PER CENT 50-YEAR GOLD BON DS OF THK

"Kanona & Prattsburgh" RR.

Co., tS per cent 40-ycir bonds of the
"Valley of Ohio" BR. Co. and choice municipal and corporation bonds
paying from 3 "a to 6 per cent nei, are offered and recommended as deslrablelnoomelnvestmeuts by Messrs. Jones & Faile, Investment Bankers,

80 Broadway, N. Y,

i

September

THE CHRONICLE.

20, 1^90.

%ht

UnitPd HtatAH Hondfi.— On Saturday, Seplcmbcr 13, th«
Secretary of the Tri'iuiurv offered to buy on the followinK
Wednesday $16,000,000 of tlie4 \>Kt centt. The lK>ncl» U-ndered
in response to the propooal aggregated alioiit $28,0OO,f)OO, of
which $16,931,800 were purchased at pricen ranging from ISA
to 126)^, only $218,350, however, at lesw than 12«.
Thejr cIom
to-dny at 124*2, againHt 124p4 la<(t week. Under the circuUu*
of August 30, the Secretary has purchawd thin week $0,652,800
of the 4i<^H, making the total luiught under that circular

ganlicrs' ^a^ette.
DIVlDBNDSi

Saint of Company.

Per

When

Cent.

Payable.

Book! Olnied.
{V'lyt inelutive

)

RnllrondB.
Aluliaiiia

A-

riicltli'

&

Nov.

3
2

VlokshiirK

Cim'ln. Ni'W Orleans
MiMsoiirl

Tex. PttO

3

iOct.
lOct.
'Oct.

Ih

Oct.

1

(nimr.>.

NowCastU' A Hi'RVor Valley

Oreiroii Uy. & NavU'ntlon ((|imr.).
Pltt8. Yimmcafu i At^htabulu

32
15 Sept. 30 to Oct. 15
1 Sept. 23 to 8(11)1. 31
1 Sept. 21 to Oct.

2I4
3>a

8cpt25r

Biinbury & I.ewlstown
ITIIocellanpoiin.

4

Oct.

Brookl.m Tiimt

4

Oct.
Sept.

l>r«'f<'rro(l

Cnlorail" I'nil

iqiinr.)

1»3
1'4

(i|^iiar.l

t'oiis. Klrrtiii- Lii;ht iqunr.)
KiiMliiii,' (monthly).
KiUbop. (IciuTiil i:ii-ctiic (f|iiar.)..
K<|ult. (ias iJK'it "f N. Y. ((jimr.).

DUt. A Calllr

Fonn Gas Coal (quar.)
Proctor & Gamble pref.

I'-l

2
2

Oct.
Oct.

Oct

1>4

2

(quar.)...'

Sept 20

Oct

—

1

$15,76.3.150.
Tlie daily

purchases are shown in the following statement
kindly furwished us by the Treasury Department.

1

iW Ptr

'

10 to Sept. 24
1 Sept 16 to

—

1 Sept. 21 to Oct.

^?|-=

OftrinQB.

15

21 to Sept. 23
3 Sept 24 to Oct.
3
15 Sept 30 to Oct. 15
1 Sept.

Bept. 25
llSept 26 to
Oct.

« Ptr

au* 1891.

markets Iiung almost entirely on the result of the Treasury
offer to purchase §16,000,000 of 4 per cent bonds on Wednesday. There was much doubt and discussion as to the proba-

when it was definitely known that more than the
amount named had been taken, and not only this, but that a
but

further large amount offered at higher prices had been rejected, the whole monetary situation relaxed.
There is a point about the government bond situation
that may not be apparent to the csisual observer, and that
is, tliat there were on Sei)tember 1 about $93,000,000 of 4J^
per cent bonds outstanding, which fall due on September 1, 1891. AUowingfortheredemptionof such of these bonds
as will be retired before their maturity, and there will
probably still be enough of them outstanding on the first of
September next to give the Treasury all the liberty it
requires
for
disbursement
of
funds at
that
the
time.
Hence it follows that the Government will
be comparatively independent of the holders of fours, and
if any large amount of these have been accumulated by dealers to sell to the Secretary at high prices, they should induce
him to take them this year, or else he may not take them
at all.

At the Stock Exchange everything has brightened up mawith the improved monetary prospect, and stocks
have recovered decidedly from the low prices to which they
had been pushed when the bears pressed their advantage.
The outlooK is very good for the time being, and the tone of
terially

comparatively cheerful.

The open market rates for call loans during the week on
stock and bond collaterals have ranged from 2 to 6 per cent
plus J^ per cent a day commission, the highest rates having
ruled on Monday; 7 per cent has been a fair average. Today rates on call were 2 to 5 per cent till Monday, and the
high rates of last Friday were similarly for three days. Prime
commercial paper is quoted at 6:^7 percent.
The Bank of England weekly statement on Thursday showed
a decrease in specie of £495,000, and the percentage of reserve
to liabilities was 44-01, against 45'4S last week; the discount rate
remains unchanged at 4 per cent. The Bank of France lost
11,000,000 francs in gold and gained 2,000,000 francs in silver.
The New York Clearing House banks in their statement of
Sept. 13 showed a decrease in the surplus reserve of §1,905,800,
there being a deficit below the required reserve of $3,306,925,
against $1,401,125 the previous week.

70(

paid

O0HU

tftM

Pwrch'u

oterintt

IMn.

Prices fait

104X
104M

l»i9»,WI0
88>>,7n(i

m^

l.OiT.roo

17..

609,350

899,SSO

IS.,

«f8,»50

Sfifl.BSO

l» 9\MH

8.246.580

«,»4«,5".0

104k
104«
104X

•ssoooQO) ia.9-j],sqo

19..

»«.«B2 9'a

f.nsj.soo

104H

"JXC'OOOO 16.141.800

1« W'MX

Aot

The

ti*»2.:9t

889

Prua

Purch'u

]«..

Oct 21

FRIDAY. SEPTE.1IBER 19. 1890-3 P.M.
The Money Market and Financial Situation. —The financial

is

13.,

8e,it.

WALL STREET,

the Street

Omu

|8cpt.

I
5

*

bilities,

867

1.087.800

utnc-iiii.

closing prices at the N. Y.

Board have been as follows

Interett

Sml.

Se;
?ep(.

Periods i-r-

"^

Sept.
19.

I?.'-

104 14 IO414 •IO414 *l04i4'nO4U
•104 14 *101i4*104i*
1251a 125 •12314
I2419
1907
1261s 125
'114
114 '114
cur'cy,'95
•117
our'cy,'96
reg. J. & J. '116ia*116i2*116i9 1161a' 11119 . 120 •120
cur'c.v,'97
reg. J. & J. 119 1*119 ,ma
'122
*li2 '122
122 •1221s
reg. J. * J. 122
cur'05 ,'98
'125
125 •125
cur'jy,'99....reg.'J. <& J. 12413*12413 '125
* This is the price bid at tlio morning hoard no sale was made.
State and Railroad Bonds.— State bonds have fully recovered from the decline sustained early in the we?k. The
sales comprise Georgia 78 gold, $20,000 at lOli^ d| 101?^; Tennessee Settlement 3s, $11,.500 at 72<i73. and 6s, $3,000 at 106;
Virginia consols 6s, ei-matured coupon. $10,000 at 53.
better inquiry is manifest for railroad bonds, and prices
have in most cases more than made good the shrinkage due
to tight money. If comparison is drawn with the closing
price two weeks since (there having been undue depressioa
Atchison 43
last Friday) the following changes are seen
Ohio general 4< at
Mobile
closing at 845^, against
Reading 4s at 82i^, against 81,»|;
661^, against 65%; Phil.
Pacific consol. 5s at 91J^, against 91}^; Wabash Ist Os
Texas
Aransas Pass bonis are
at 102, against lOl}^. San Antonio
lower, the 1st 6s of 1926 closing at 72}^, against 74^^ two
weeks since
Railroad and Miscellaneous Stocks.— The action of the
Secretary of the Treasury on Saturday last in offering to buy
on the following Wednesday $16,000,000 of 4 per cent bonds,
and also to prepay a year's interest on the currency sixes,
On Monday
had no immediate effect on the stock market.
rates for money still ruling extraordinarily high, a recession
in prices occurred that brought not a few issues lower than
heretofore this year. Among such were Rock Island, Lake
New
Erie & Westernpreferred, Missouri Pacific, New York
England, Northern Pacific common. North American, etc., etc.
With easier money and a better feeling generally, a material
improvement in prices has followed. The legal proceedings
against the Chicago Gas Trust are said to lack the importance
at first ascribed to them, and the stock, from 43?^^ last Friday
(and 40?g on Monday), was up to 47?,^ to-day, closing at 47?^.
The Rio Grande Western has also recovered sharply from
its decline, and the preferred stock on Thursday jumped from
451^ to 50, closing to-day at 51.
Northern by the Chicago
The purchase of the Milwaukee
Milwaukee
St. Paul, announced yesterday, was made the
ground for a bear attack on St. Paul, it being assumed that
the purchase meant a further issue of common stock, which
was therefore sold down to 66}^, equal to the lowest of the
year, closing to-day at 68}^.
Western has been largely traded
Delaware Lackawanna
in, and having fallen to 141Jg on Monday, it closes at 144?g toHudson has not responded as promptly as
day. Delaware
might have been expected to the privilege offered to stockholders of October 15 of taking new stock at 7.i. Pacific Mail
is notably strong.
Sugar certificates have rallied once more on the action tak^n
at Washington by the House Conference Committee with reference to the reciprocity amendment. They close at 80)^
The Cotton Oil Company's stoclc
against 1^% last week.
closes at 20U bid, the same as last Friday, the compound lard
bill still pending, and Lead at 21?^, against 203^.
4ias,
"

<,

4s,
4s,
Os,
6s,
6s,
6s,
6s,

1891
1891

1907..

reg. Q.-Moh. 'IO414

coup Q.-Mch. 10414 10414 104 14
125
125
reg. ,Q. -Jan '124
coup.CJ.-Jan '125
1251a 126
reg.lj. & J. '114
114
114
,

i

I

,

,'

,

'

I'

:

A

:

&

M%;
&

&

&

&

&

1890.
Seiit.

13.

'

\

Differen^sfrom
Prev. week.

1889.
Seat.

1888.

14

Seiit.

15.

I

60,812, 700

Capital

Surplus

Loaus and

60.762,700
49,781,000
391,8H9,500
7,895.500
3.975.700
424.308.500 407,588.500
74.336,850' 7»,773.300
30,875,1001 34.547,400
111.211.900 114,320,700
106,077,125 101,897,125

60,702,700

....

....
54.625,100
59,987, lOo!
disc'ts 393.1 «0, 000 Dec.l, 318,100, 409.703.200

Circulation
Net deposits
Specie
iJegal tenders

9,400
3,702, 700 Inc
383,250, 900 Dec. 5, 148.400
C7.842, 300 Dec.2, 374.400
24,603, .500 Dec. 818,500

Reserve held
Legal reserve

92.505, 800 Dcc.3. 192,900

.

9.5,812, 725

Dec.

I,

287,100

Surplus reserve. Df3.306.925:Dcc.l,905.800!

5,134.7751

12,423,575

—The market

for sterling exchange was
further demoralized on Monday by the scarcity of money.
Business was done considerably below the posted rates, which
on Tuesday were reduced by some of the leading drawers to
4 811^ and 4 &5J^. The market has since been dull, but steady.
Posted rates close at 4 81i^'j4 83 and 4 85@4 85}^, against
4 82 and 4 SoJ.^ respectively last week. Actual rates are:
Bankers' 60 days' sterling,
31^; demand, 4 84^^@
4 843^; cables, 4 8534 85J^. Posted rates are as follows:

Foreign Exchange.

September 19.

Prime bankers' sterling bills on London
Prime cominerciaV
_
Documentary commercial
Paris (francs)
Am-stf-nlam (ciiiUlers)
Frankfort or Bremen (reichmarks)

Demand.

Sixty Days.

4 81isa4 82 4 85 114 SS^s
4 79 ••47914
4 78^«4 79
5 23%S5 231s 5 211435 20i>8
39''aa39i5iel

40>]ii'?40ie

943199412

95 •»95ie

I

;

&

&

&

The market to-day was strong and active, and almost buoyant towards the close.
,
Silver certificates have been only moderately dealj in ana
at
to-day
the price, which closed last week at 115Ji. closes
The sales aggregate for the week 1,465,000 ounces, at
1161^.
prices ranging from 1153^ to 11 6J^.
The Secretary of the Treasury has purchased this weeK
under the silver law 1.1.56,000 ounces of silver, at pri-es ranging from $1157 to $116^. The Purchases took place «u
follows: On Monday 360,000 ounces (out of 500,000 offereiO.
(out df
at $tlo7(a$ll.')875; on Wednesday 326,000 ouncM
of
519,000 offered), at $116>4^116?i; to-day 470,000 (out
820,000 offered); at $1-16/4:@$1-1M9.
.

1

. ....
...

.

THE CHRONICLE.

368

NEW YORK STOCK EXCHANGE—-ICrZKB STOCKS

for week ending

[Vol. LI.

SEPTEMBER

19, anfi since JAN. 1, l§90.
Bange

of sales in 1890.

STOCKS.
Lowest.

Active

RR.

Stocks.
& Santa Fe

3038 Jan.
43s Feb.
71 IV Mar.
51 3j Aug.
II512 Feb.

A*chl8on Toi).
Atlantic & Pacific

Otnadiau Pacific
Central of New Jersey
Central Pacific
CSiesapeake &0.— Vot.Tr.ccrt,

Do
Do

do l8t pref..

do 2dpref...
Alton
Chic. & Atl. Benef. Tr. Bee...
ChicaKO Buriiu jrton & Quincy.
Chicaeo &. Eastern llliuois.

&

pref...
Do
OUcaKO Milwaukee & St. Paul.
pref.
Do
OUcago & Northwestern

Do

pref.

Chicaeo Rock Island cfe Pacific.
Chicago St. Louis & PittsburK.

Do
Chicago

pref.
St.

Paul Min.

Do

& Om.
pref

& St.

Cleve. Cincln. Chic.

Do

L...

pref.

OolumhusHockingVal. &Tol.
Delaware & Hudson
Delaware Lackawanna dtWesl
Denver&Kio Grande

Do

pref.

East Tennessee Va.

<fc

Do
Do

Ga

Ist nref
2d pref-

Evansville & Terre Haute
Great Northern, pref

minois Central
Iowa Central

Do

pref.

& Western
nref
Xiake Shore & Micb. Southern.
Long Island
Louisville & NashrlUe
Louis. New Alb. & Chicago
Lake Erie

Do

.

.

Manhattan Elevated, conso!..
Mexican Central
Michigan Central
Milwaukee Lake 8h. & West.

Do

pref.

Milwaukee & Northern
Minneapolis

Do

& St.

Louis.

.

pref.

Uo.K. &Tex.,aUass'ntpaid
Do. new pref. when issued
Missouri

I'acillc

Mobile &Obio
Kashv.Chattanooga&St. Louis

Kew York Central & Hudson.
Hew York Chic. & St. Louis.
Do
1st pref.
Do
2d pref.
Hew York Lake Erie & West'n
Do
pret.
Hew Y'ork & New England
New York New Ha v. A- Hart.
New York Outaiio & West
Hew York Susquehan. & West.
Do
pref.
Norfolk AWestem
.

Do

pref

Horthern Pacific

Do

pref
Mississippi

Ohio &
Ohio Southern
Oregon K y & Navigation Co.
Oregon Sh. L. & Utah North.
Peoria Decatur & Evansville.
Phila.& Read.Vot. Trust. Cert.
Blchmona& WestP't Terminal

Do
Bio.

pref.

Grande Western

Do

pref.

RomeWatertown&Oedensh'a

&

St. Louis Alton
T. II . pref.
8t. L. Ark.
Tex., trust rec.
St.
at.

Lou.
Paul

Do

&
& San Fran. Ist pref.
& Duluth, com
pref.

Bt Paul Minn. & Manitoba
Southern Pacific Co

& Pacific
Ann Arbor &

Texas
Tnl.

N.

M

Toledo & Ohio Central
Do.

8414 Aug. 16

2

pref

SOUJau.

11

681a June 11

95

Aug. 19

6878 Jan. 28
3858 May 8
15
May 12

31i2May 14
426i,May 19

Feb. 24 791a May 19
22i2Sept. 12j 36% Jan. 10

67

Amer. Cot. 01! Trust receipts.
Buckeye Pipe Line Certif's 6.
Chicago Gas Co
Citizens' Gas Co., of Brooklyn
Colorado Coal & Iron

6,950
143,000

2278 Sept.

32% Aug.

152,280: 4038 Sept
900' 68
Feb.
7,425 3914 Jan.
Jan.
2,7401 92

Consolidated Gas Co

Distilling & Cattle F. Co
Edison General Electric
Laclede Gas (St. Louis)
National Lead Trust
North American Co
Oregon Improvement Co

1.615| 36 14 Mar.
1,171 92 13 Fob.
Apr.
1,1001 13
55,2 1 Ol I6I2 Feb.
116,0151 3938 Sept.
1.070' 42
.'^ept.

Pacific Mail
Pipe Line Certificates v

13.895 36%
754.000 7913
3,135 187
97 la

Pullman Palace Car Co

Silver Bullion Certificates. .
Sugar Keflneries Co
Tennessee Coal & Iron
Do
do
prei
Western Union Teleernnl'

140,<I60

0,700
3.50
I

.

These are tha prices bid ani asse.. ; ao sale

1

2758 Sept. 13
IOI2 Sept. 15
2314 Sept, 15

ffheellng& Lake Erie
Do
do
pref.
Wisconsin Central Co
iniRcellaneonii Stocks.

.

4|42i2Juuel3

68i4Feb. 5
57 14 Aug. ll

Wabash

*

Oi^May 15

19

301a Jan.
42 12 Feb.
pref.

Union Pacific
Union Pacific Denver & Gulf

Do

50% May 15

15

27

61 >8 June 10
i I2SI3 May 14
30 Mar. 27 3612 May 17
1934 Aug. 21 27>8 Jan. 2
55 Aug. 22 66% May 7
37i2Feb. 21 4618 July 18
129 Mar. 6 135 Jan. 24
65b Feb. 28 I514 June 16
9414 Sept. 12 111% May 10
261s Feb. 3 4612 July 15
70 Feb. 3 93 July 14
6618 Mar. 4 79=8 May 26
112 ?t Apr. 9 12318 May 26
1061s Aug. 21 117 May 26
140 Feb. 5 148 May 6
81i4Sept.l5 98=8 Jan. 4
1414 Sept. 12 18i4Feb. 26
33 Sept. 11 53 Feb. 26
Sept. 12 SO's May 10
Sept. 12 10078 May 10
Aug. 21 8OI4 June 10
95 Aug. 25 101 May 12
IgifiJan. 13 32% Sept. 2
147 Jan. 2 175 May 14,
xl343s Apr. 2 1491a July 21
14I2 Apr.
1 2178 Sept. 2
45 Mar. 26 6II9 Aug. 28
838 Apr. 14 Ills May 21
67 Jan. 6 81 May 21
20i4Jau. 20 2714 May 21
96 Jau. 17 127 June 27
71 Feb 19 86 June 10
IO6I4 Sept. 6 120 Jan. 31
6 Feb. 19 12i4May 12
22% Mar. 4 33i2Mav 12
15 Sept, 12 lO'eMay 15
57 la Sept. 15 68 Jan. 31
103 Aug. 21 114% June 5
86 Slar. 5 95 July 25
82 14 Feb. 24 92i2May 5
33 June 2 54I2 Mar. 10
100 Jan. 14 117 May 16
17^8 Feb. 18 31 Is June 4
92 Mar. 1110434 June 6
84 Sept. 13 104 Jan. 23
'
Jan. 23
Sept. 6 117
106
50 Jan. 13 621s May 16
Sept. 9
8
May 3
5
2 Jan. 3 20 May 9
9% Apr. 23 20=8 July 16
22 Apr. 1 31% May 10
661s Sept. 15 79 14 May 10
13 Jau. 7 241s Aug. 27
102 Jan. 6 106 Sept. 2
lOS'e Aug. 25 111 June 3
15i«^ Sept. 11
1814 Jan. 27
67 Sept. 12 75 May 5
36 Feb. 21 42i2May 5
23% Apr. 12 29i2May 19
59 Mar. 31 6912 May 23
42% Sept. 15 5214 May 16
June 16
2441.2 Jau. 10 270
1714 Mar. 11 22% May 20
25
9
May 10
Mar.
63m
27 Feb. 27 3458 May 12
24^8
May 6
17
1858 Sept.
59% Apr. 14 G63fi May 20
June
10
15
29 Sept.
391s
7134 Mar. 19 S6 M.ay 19
2734
Aug.
28
11
1914 Apr.
13% Apr. 17 24 June 6
24
11
Apr.
108%
Apr.
97%
36 Sept. 17 50 Jan. 2
IGisJan. 17 24 May 3
351s Jau. 13 481s May 19
1858 Sept. 15 28I4 May 21
74 Sept. 15 871a May 21
15I2 Feb. 27 2478 May 10
40 Mar. 3 5a Is May 14
104 Feb. 17 120 July 24
115 Jan. 7 130i4May 13
lOisSept. 15i 1478 May 9
70 July 31 IO514 May 24
311s Jan. 181 38% June 16
82% Jau. 18! 99 July 18
370 105 Sept. 15 115 Jan. 9
3,020 2838 Aug. 211 3714 Apr. 22
18,310 1778 Sept. 13 2414 May 20

Canada Soiitlicm

Ohicaeo

Highest.

aaie

at the Bsard.

5

Prices f ro Ji bjth Exohauges,

--.!!

'^

50

Feb.
Apr.
Feb.
Jan.
Jan.

39%

Sept.

9178 Sept
e03, \nn-.

x Ex diyidend.

341a May 19
4238 Aug. 18
65 May 15

93

Sept.

2

541a June 6
107 14 May 16

43% May
May
2838 May
24% May

24

4738 Sept.

3

119

54

21
14
15

May 12

4733 July 18
IO8I4 Jan. 21
222 July 24
Aug. 19
121

H5
89
119

May 21

Jau.
7
Jan. 27

Mav 14

J

J

Septbuber

THE CHttONlCLE.

20, lb90.]

3b9

UOSTON. PIIILAUELPHIA AM) BALTISIUKE HTOCK EXCHAMeSS.

ty Share

Active Stocks.
n Imlk'utcii

Prl<-e>

iHonday,

8atiiril»y,

iinllHlcd.

eeiit. IS.

*

S.

*

Pao.

AU'h. T.

Fe

401a

(lloHlotiJ.tOO

imi

"

2(1 i.rcfi-iicil

100|

Biistdu

A-

Pivferi-crt

ChU-.liur.A(Juln.
Chlo. Mil. A- KI.P.
CliK-.

& W.

"
"
"

175

•175

204
20
40

203

'3i)h
95 '8

U8

40% 41%

41% 42

81s

176"

51 >s

451a
5118

"2414

23»8

•25

87% 88

169
88

•92

45h

21
45

5l3e

511b

93
21
451a
5II4

68%

301*
29
301s
78
75% 761*
1691a 169 170
52% 5258 52%

2979
755s

170

30%
77
170

52% 52%

35
lOiSjg

58
918

203, e 201s

5878

5878

I

914

91s

blocks.

587e

309

I

55

\

58

5814

I9I8

19H

306

306

*52
5014
48I3
3112

58

!

.58

201a 201s
305I3 306
*52
56

50 14 50
49
481s
LanKson Store 8er. •*
50 *31i3 32
32
311a
Lehi'h CoalANav. (Phil )
50 5158 51%! 50% 50%' 507a
*51
N.Eus. Telephone (Bost'n)\00 •51
*51
52
North American. (Phil.J. 100 40
42%; 4014 40 14 40%
SUKarEoBueriesU Ci«os<';i;100 7219 73141 71% 73ie
721s
Thom.^on-H'uEl.H "
25
50
50
50
oOiv
501b
"
Preferred
26
25%: •2514 25 13 251a
it
20i8
West End Land... "
25% 25%! 25
25 Is
50iai
4914I

•40

67% 68%

168
88
88
24% 24

27

169
88
25

24

•92

22

30% 31%
77% 78
52% 52%

16B%
52% 52%

22

;

!

•

501-2

481s
311s
51iB

52

40%

73%
50 13

25I3

26%

31%
77% 78%

20% 20%

20% 20%

3979

169

52%

169
53

59

9%
225

232

232

225

225% 226 226
58
58% 58%

9%

9%
226

58% 58%
20
306
•52
5014

58
20

20
306
55

9%

9%

306

20
306

53

53

52% Sept.

20
308

43,410i

9%

Jan.

30
2
31
8
20
17
21
a
2

10
IS
19
16

5
16
17
10
19

13
2

8,24',«

1

21
19

7
28
31
27

334 199% Jan. 2240 June 12
925 44 Jan.
68 June 9
945 11% Feb.
26% June 2
119 249 Jau.
323 June 13
348 53 June
54% Sept. 19
786 44 Mar.
57% Feb. 11
325 37 Feb.
54% Aug. 4

20%

310

48% •48% 49
48% 48% 48
32
31% 31%| 31% 32
32
52
51% 51% 51% 51% 52
52% *51% 52%
52
52%
40% 4II4 40 14 40% 41% 41%
80%
73% 75% 74'4 76% 77
51
52
49
50% 50% 51
25% 25% •25% 25% •25% 25%
26% 26% 26% 26% 26% 26%

17%

!

53% 54%
50% 50%

50% *50% 50%

207HJan.

31
31

Apr. 29

56% May
36% May
May
5
Sept. 3
8 May
1,855: »7%Aug. 111 68% Jan.
53:x225%Mar. 21 233% Aug.
524
7% Mar. 25| 12% May
1

20% 213,,,
5%
59% 59%

58% 58%

59

Mar.

102% Aug. 28 179

17
2,979

34

231%

150

Jan.

141 82% Jan.
95% May
400' 24
Feb. 41 39 May
73' 91
Feb. 10 104 May
3001 15% Apr. 1 23% June
2,156 42% Mar. 24I 49% May
1,331 51% Sept 151 54% May
10 1.30 Feb. 10156 June
10,0521 17
Jau. 201 31% June
3.350' 42%Beut. 151 52% May
216 113 Jan. 3 121% July
35: 65% Apr. 281 71
Jan.
12,245 29 Sept. 15 39% June
23,300! 71% Mar. 19 86 May

88

25%

46% 46%
51% 51%

30% 30%
76% 77%

170

Feh.

45 134

July 11
Apr. 8

23% July
45 Hay
111% May
79% May
46% May
33 May
12 May
29% May

150>
6% Jan.
250. 22
Apr.

92% 93

21% 21% •21%
45% 46*4 46% 46%
51% 51% 51% 51%

IT7

235

23% Mar.

5

2'

24% 29

169
88

Jan.

Juno

66% Mar.

17,979

July 8
Mar. 39

231% AniM4

120| 14% Jan
290' 29
Jan.
6,7971 94%8e|>t.

"29

8%
8
26% "25" 25
169

'92

91a

224ie 2241s 224I3 225

59isi
201s!

40

22 168
233 189

•19

191.

34

20%

231% 231% 231%

91*

175
205
20
40% •40%....
0678 97%
97

19%

Mar. 20 130
14 IIM

Jau
Jnn

66215

153
153
150 152% 15U% 150%
24 14 211s "24ia 25%
24% 25% 25
25%
44 14 44 14 44% 45
44% 44% 45
45%
115
117
1171s 1171, 117
117% 117% 118 119
68%
6d% 68
68
68
69%

42%

22H3 225

203

Illtrbaat.

126
112

....

117

2418
4378

115

591s

•7ia

8

152

207, e

28

27

167

10

175
204

177
203

'

201
20

In 1«90,

Loweet.

IS 50% Majr 31
4% M«r. 111 9% May IS
07% Jau. 22 107% May 33

4-10

226% 226% 226% 226% 226% 326%

'23%

93

44
117

"130
116

...

Range of mlea

30% Jan.

46,657|

U

10«% •104% 105%

106 !«

29% 29%

881*

46

•5%

&7«

28

94

•52
5013
~48

40% 41%

291.

221s

309

I

29I8
8
•25

30

88>s

5913

Bbares,

96%
66% 67%

81a

2OI4

Sept. 19.

9714
68I4

'25

.

I

Hept. 18.

174««

50

Bell Telephone (BostoiiJ. 100
"
Boat. At Montana
25
"
Bntte& Boston..
25
Calumet & Ileela
"
25
Canton Co
(Balt.J.lOO
"
Consolidated Gas
100
Erie Telephone (BosionJ. 100

Week,

Sept. 17.

•

•165

168

'•
Union Paeihc
100 59%
United Cos.ofN.J.rPAi7«.;100 •23178
WcsteruN.Y.&Pari'Ai7«.; 100
91a

Frt(Uy,

177
2031* •202 2(14
203
19
20
lOla
40
40
391a 3914
94^8 96 3h
96% 97
96H
67
68
6714 li8i«
67%

28

"
Preferred
45%
.'^O
"
Lebiiih Valley
50 511a
Maine Central (BoslonJ. 100 150
"
Me.xleaii Central
100 2418
"
100 43»8
N. Y & N. Kug.
"
Preferred....
100 115
Northern Ceutrnl fBaJf.;. 50
Northern Paelflo (Phita.J.lOO "29^8
'•
Preferred
100 761a
Old Colony
iJioslont.lOO 1691a
Feniisylvama-. (PMlu.J. 50
52%
"
Philadel. & Krie.
50 -33
"
Phllii. A Beading
50 2018

I?IKcellniie«>u*i

»6»6

69

.

Balaa
of the

I

Thur«lny,

6

'18i<j

••

Ci?o»(«n>.

227
176

171

50
"
Cleve. & Caiitou
100
•'
Preferred
100
Eas teru
(Bo»(onJ 100 168
"
FitchliurK i>ref.
100
88
"
Fl. A- Pere Marq.
100
"
Preferred
100
Uiiiit.&Iir.Top.fP/ii7a;. 50

Summit Branch

226% 226% 226

2o:jj»

•10

(I'liit.J .100
MleU. (Boston J. 100

Cin.Sau.»tt.'levu.

10U>4

Per rantnm Pricaa.

Wodneidsy

•123

226

100
100
100
100

•'

Miillio

Central of Muss.

40% 41%

lOfii* 1051a

•5i«

••

I!i>«i.iii&Allmiiy<iio«to<ij.lOO
"
Ifcistoii & l.dWfU
UiOi

41i«

'LO

•ftSs
100
106
BaKiiiioic A Ohio (llatl.J. 100 103
"
125
iHt iPivfi-iii'U
1( O
....

AtlHiitli-

— iitil

TuL'Bday,
Sept. lu.

34!i

1,131

25% Mar.
50% Sept.

40
4,400 40
10,-<

20.198
3,840

37% Jaik. 6
54 May 22

Apr.

55

Sept.

47% Sept. 3
94% May 21
69% June 6
27 May 23
32% May 26

50

Jan.

47%

Sept.

655 25% Sept.
7,250

23% Jan.

Jan. 23

I

Ask.

Bid.

Inactive Stocks.

& Charlotte (KnW.). 100 96
97%
& Providence (iiosto)i). 100 252%
Camden & Atantic pf. (Wii/h.). 50' 130

Atlanta

Ask.

Bid.

Inactive stocks.
Tbom.Europ.E.Weldll (Boston) 100
•
Water Power
100
"
Westingliouse Elec.D
50j

Prices of September 19.

Bonds.

77

70
4

Penna. CouscL

4%

:

Collat. Tr.

&N.Y.

5s, r

4%

g

Bid.

[Aak.

1919, Vari 111
1913,J(SeD|

Canal, 78. ..1906, J&D,
,129
1939, A&O 115
. 1103
At.Top.&e.F.10(>-vr.4g.,1989. J&J
83%: 83%, Perklomen, Ist ser., 58. 1918, Q-J
•
Catawlsea
SOj
10
100-year income 5 g., 1989.8ept.
62
62% Pnlla.& Erie gen. M. 5g.,1920, A&O 114%
Ist preferred
"
50
1920, A&O 10078
Burl. & Mo. Eivci Kxempt 68, J&J 5
,117%^ Gen. mort.,4g
"
2d preferred
50 57%
Phila & Read, new 4 g., 1958, J&J
Non-exempt 6s
82
1918, J&J $106
i)2%
Central Ohio
{Ball.). aO\
53
Ist pret. income, 5 g, 195M, Febl
55
Plain 48
90%
69% 70
1910,J&J
"
Charl. Col. & Angnsta
100,
iChie. Burl. & Nor. let ."),1926, A&O §102
102% 2d pref. income, 5 g, 1958, Feb. 1 50% 51
Cheshire preferred.. {Boston) .1001
......|1
2d mort. 68
102
3d pref. income, 5 g, 1958 Feb. 1' 40%
1918, J&D §101
"
Connecticut & Pass.
lOO! 118%
1893, AAlO
112
Debenture Us
2d, 78
1896, J&D 1101%'
"
Conuectlcut Biver...
100 223
1911, J&D 129% 130%
(niic. Enrl.&Qniucy4s..l922,F&A§
92
Consol. mort. 78
Delaware & Bound Br. (PAiio.). 100 170
I91l,.i&D 119
lowa Division 4s
191!', A&O §
Consol. mort. 6 g
'•
Har.Ports.Mt.Joy&L.
50
:Cnitc.& W.Mich, gen. 5s, 1921, J&D 5 91
ImprovementM.eg., 1897, A&O 104
92
Kan. C'yFt. 8.(fcMem. (Boston). 100
Consol. of Vermont, 58.1913, J&J S 88
101
88% Con. M.,5 g.,stamped,1922,M&N
*'
K.C'yB't e. &Oulf pf.
100
Current River. 1st, Ss.. 1927, A&o:,^
Pbil. Wilm. & Bait., 4s. 1917, A&O 100
K. CitvMem.&Birm.
••
100
Det. Lan8.&Nor'uM.78.1907,J&J §
Pitts. C. & St. L., 78.. ..1900, F&A
119%
Little gehujlkill
(Phila.). 50
69% Eastern Ist mort. 6 g., 1906, M&8 §123
Po'kcepsie Bridge, 6 g.l936,F&A
79% 80
Manchester & Law.. (KostoH). 100
Free.Elk.&M.V.,1 St. 68.1933, A&O §
rSehuyl.R.E.Side.lst 5 g.l935, J&D 108
109
Maryland Central
(Ball.) 50
Steuben.&Iud.,lstm.,5s.l914,J&J
107
Unslampedlst, 68....1933, A&O 5
120
Mine Hill A- g. Haven {Phila.). 50 70
189-t, A&O 106
ir.C.C.&8pring.,l8t,5g.,1925.A&0$
100% United N. J., Og
Ne.^ciuehoning Val
"
.=iO
54% 56 K. C. F. 6. & M. con. Cs, 1928, M&N §
114 .Warren & Frank.,lst,78,189ii,F&A 108
Northern N.
(Bos(oh). 100
K.C. Mem. &Bir..lst,5s,1927,M&S5
98
Bonds.— Baltimore.
North Pennsylvania. (Phila.). 50i 86
K.C.St. Jo. &C. B.. 7s.. 1907, J&J 5
Atlanta &CharL, l8t7s, 1907, J&J 121 121%
l<J0<i, A&O 106
ParkerslmrK
(Ball.) 50
106%
L. Eock&Ft. 8., lst,7H..I905, J&J S
99% Income 68
Pennsylvania &N.W. {Phila.) .'50:
Louls.,Ev.&St.L.,18t,6g.l926,A&0 5
Baltimore & Ohio4g., 1935, A&O 101% 103
EalciahA Gaston....
F&A
(i<o«.)100
1925,
108
Conn.,
5
g...
2m., 2—6 g
Pitts.
&
1936,\&05
80
Kutlnud
(J?o«to»).100 t
Staten Island, 2d, 5 g. 1926, J&J
8%|Mar. H. & Ont., 6s
1925, A&O §
"
Preferred
1990,
J&J
100
lOO
100%
;Bal.&Ohio8.W.,l8t,4%g.
69
70
Ex ten. 6s
1923, J&D JtlOO
Seaboard & Roanoke. {Bait.) 100
iMexican Central, 4 e... 1911, J&J § 73
74 ,CapeF.&Yad.,Ser.A.,6g.l9l6, J&D 105% 106
"
J&D
1st prefeiTed
1916,
102%
103
100
40%'
Series
B.,6g
li
Ist consol. incomes, 3 g, non-eum. 5
We-^tEud
92%' 'Jd consol. incomes, 3s, non-eum. 5 20% 29
1916. J&D 103%:iO4
(Boston). 50
Series C, 6 g
"
Preferred
1930, M&S
50,
N. Y. & N.Eng., Ist, 7e, 1905, J&J §124% 125% Cent. Ohio,4%g
85%: 86
West Jersey
(Phila.). 50
Istmort. tis
116% Charl. Col.&Aug. Ist 78. 1895, J&J id8'%'i09'i9
1905, J&j:5116
••
West Jersey * Atlan.
50
40
Ga.Car. & Nor. 1st 5 g.. 1929, J&J 10178,102
2d mort. 6s
1902, F&A; ^
il06
Western Maryland..
12%' 13%
(Bait.). 50
liNortli. Central, gold 68, 1900, J&Ji 115% 116
2d mort, scaled, 59.. .1902, F&A 5
"
Wilni. Col. & Augusta
J&J 117 ....„
100
G»ld6sof 1904
Ogden. & L. C, Con. 68.1920,A&O 4
1103%,
"
Wilu]inKt'n& Weldon
1926, J&J 109% 110
100 110
Inc. 6s
Series A, 58
19205
Wisconsin Central... (Bo»ton) 100
106 107
A&O
1925,
23
23% Rutland, 1st, 68
*^8
1902, .M&N $
Preferred
"
100 1.
56
2d, 68
1898, F&A
100% iOif.&Clark.,lnt.gu.,6g.l937,MiN 102% 103
•'
Worc'st.Nash.iRoch.
F&A
101% 103
100 1.
1911,
Piedm. &Cum., Ist, 5g.
126%
Bonds.-Phlladel hia.
MISCELLA.NEOU8.
ABegheny Val., 7 3 10s, 189tj, J&J 109 1110
Pitts. & Connells. Ist 78. J 898, J&J 115% 115%
Allouez Mining
MAS
118
(Boston)
120
'105%' Virginia Mid., Ist fa... 1906,
8% 8% Atlantic City Ist 58, g., 1919,
t
•
Atlantic Mining.
1911 M&S 114 114%
23
Belvldere Del., ist, 6s. 1902, J&D
2d Series, 68
City Passengei KR... (Bait.)
M&B
107
tlOS
1916,
82 185
Catawi8»a, M., 7»
3d Series, 68
1900, F&A
Bay h-tate (las
192 1 , M&S
85
(fioston)
39
Char. Cin.& Chic.lst .jg, 1947, Q—
4th Series, 3-4-5«
**
~ l8t, 68.1927,
101 [101%
Boston Laud
1 926, M&S
-7, J&j;
Clearfield & Jeff.,
5tli Series, 58
J&J, 117
57a'
"
Centennial Mining...
li)00-04, M&S 118
West Va. CAP. Ist, 6 g. 1911, J&J 110%110%
28%j 29% Connecting, tis
•'
Fort Wayne El' etricll
11% 12% Del. AB'dBr'k, ist, 7s.1905,F&a' 130 130% Wesfn N.C. Consol. 6 g.l914, J&J
"
Franklin Mining
24
Wilm. Col. & Aug., 6a.. 1910, J*D irs'ji'io"
24% Easton&Am. lstM.,58.1920,M&N
115
"
Frenchm'n'sBayL'nd
5141
MISCELLANEOUS.
5% Elmir. & Wilm., l8t. 68.1910, J&J. 120
••
122 123%
Huron Mining
6%
Hunt. & Br'dl'op,Cou.58.'95,A&0 103 104
Balti more—City Hall 6s . 1900,
Illinois Steel II
"
1900. (i-J 122% 124
Funding68
86
Lehigh Nav. 4%8.
1914, (J—J 108
124
Kearsarge Mining
"
2d6g,gold
1897, J&D
113% West .laryl'd BR. 68.. 1902, J&J 123
129 129%
Morris Canal guar. 4.
1916.
General mort. 4%9, g. 1924, tJ—F
Water 58
103
191(., MAN
PrefeiTcd guar. 10.
F'undingSs
Lehigh Valley, 1st bs...l8»8, J&D 114%'
ibs" i<>»%
19;«>. J&J
Osceola Mining
Exchange 3%8
2d 7s
1910, M&S
133
67% 68%
19(X), J&D
Pewabic Mining
68
Gas,
Chesapeake
Consol. 6
1923. J&Df
135
_
,
"
J&I)
108%
109
..1910,
Pullman Palace Cur..
Consol. Qa«, 68
North Penn. 1st, 78.... 1896, .M&N 115%'
I9:i9, J&J 114% 115
Quincy Mining
Gen. M. 78
58
1903, J&J
128
.7.,.. '.^.a
100%
101
A&(J
191.1.
^niataek Mining
Equitable Oa«, 6»
Pennsylvania gen. 68, C..19 10, Var
127
new. 1932, J&J 109 109%
Thoms'nElec.Weld'gll
1 Virginia (Stite) 38,
Consol.68,c
1905. Var 118
Bo.ston

38

iiPa.

Boi^ds.— Boston.

I

Consol. 5s

|

,|

jl

I

i

:

'

!

::

:

'

!

1

:

i

'

1

U

'

:

,

i

'

:

1

'

!

I

!

,

'

I

,

'

'

']

|

|

.

i

'

I

M&N

.

[

I

i

~

I

1

'

I

Q—

'

i

M&N

1

'

'

These are the prices bid and asked; no

sale. was

made

at the Board.

H Unlisted.

^

And aocrped Intcreet.

t

Latest quotation tUs

week

1
6

7

THE CHRONICLE.

370

FBICES AT NEW YORK STOCK EXCHA.NOE
CilLKOiD AND MISCEL. BONDS.

r

o

,

JClosi'ng

Intci''st^ Price
Period. scpt.lO

At.Top.&S.F.-lOO-yr. 4 g.l989
1989
lOO-j-ear income 5 g
Atl. i i'ai-.— W. D. iuc, 6s. 1910
1937 J & J
Guaranteed, 4 g
"Can. South.— 1st guar., 5s. 1908 .T & J
1913
& S
2d, 5s
Central of N. J.— Uons. 7s. .1809 Q-J
1902 M & N
Consol., 7s
General mortgapo, 5 p.. -1987 J & J

M

I.eli.<t\V.B..con.7s.,as'8d.l900

1912
Am. Dock & Imp., 5s.... 1921
^Central Paoitle— Gold 6s... 1898
•Clies. & Ohio.-Mort. 6 g ..1911
1939
1st consol. 5 g
E.& A.Di\-.,lst cou.,2-4 g.l9S9
Istcou. g., 4..1989
do
1989
2dcou.,3-4fi
1911
•Ches. O. & So. W.— U g

do mortstage, OS

Oliic. Burl,

i Q.— Con.

7. ..1903

1913
1922

Debenture 5s

Denver Division, 4s
Kebraska Exteusion
•Cliic.

.

& E.

111.— Ist,

8.

is. .1927
f., 6s. 1907

1934
Consol.6 g
General consol. 1st, 53. ..1937
Chic. Gas. L.&C— Ist, 5 g-1937
Chic. Mil. & St. P.— Con. 7s. 1905
Ist, Southwest Div.— 6S..1909
.1910
Ist, So, Min. Div.— 08
1st, Ch.i&Pac.W.Div.— 58.1921
Chic.&Mo. Riv, Div.— 58 1926
Wis. A; Miuu. Div.— 5 g.. .1921
1914
Terminal, 5 g
Gen. M.. 4 g., scries A. .1989
Chie. & N. \V.— Consol. 78.. 1915

Q-M

M &N
J & J
J & J
A
O

M

J

<fc

N
& J
ife

& J
& J
&A*
J & J
M &N
F & A
M &N
J & D
A & O
.M & N
& J
J

J

F

Sange

(Continued).
since Jan. 1.

Lmcest.

62

16^
79 19

106%

88
7014
2414
8212

May
May
May
May

Aug. 110

Feb.
96 Sept. 10034 July
97
117 Aug. 122 Jan,
118
•125 a. I24I2 Jan. 128 Feb.
IIOI2
110 Sept. 113 la Apr.
113J4b. 113
Mar. 1 16 Jan.
100 b. 102 May 103 Apr.
IO8I2
107 Sept. llOia June
'113 b. 112 Jan. 116% Mar.
115 Sept. 118 Feb.
116
9913 Aug. 1031a Apr.
100
69»3
67 Sept. 7312 June
"79 b. 82 July 82 July
77 May
7212a. 67I2 Apr.
109 "aa, IO712 Aug. 1131s Jan.
123%b, 123i4 8ept. 129 June
102
101>2 Aug, 10578 Apr,

105

91i<!b.

91
'116
122
100

b.
a.

92

— ACTIVE BONDS SEPT.
Railroad and Miscel. Bonds,

96

July
9414 Apr.

Seirt.

9078 Sept.
llOifi

Juno ll«ia Juno

116
95

Apr.
Feb.

122
lOD

Sept.

Jan.

19, and since JAN. 1, 1S«90.

_

^

,

.Wton'ng

Inter'st,

Period,

Highest.

8319 Mar.
5418 Feb
12 Jan.
701-2 Feb.

8458

[VOL. LI.

Jf.C.&S L.— CoH.— Con, 5 g. 1928
N. y. Ceutral— Extend,, 58.1893
1st. coupon., 7s
1903
Debeu. OS, coup., 1884... 1904
N. Y. & Harlem— 7s, reg...l900
N. Y.Chlo. &8t. L.— 4g....l937
N. Y. Elevated— 7s
1906
N. Y. Lack. & W.— 1st, 6s.. 1921
Construction, 58
1923
N.Y. L.E. & W.— l8t,oon.7g.l92o
Long Dock, 78
1893
Consol., 6 g
1935

Sange

since Jan. 1.

priee

fficpt.

19

Lowest.

A &0'|
&O'|109%a
M & N 102%

10634 Jan,

J""

126
110

& JJ;127%
& 8
M & Nl 126 a.
A & O 94
J & J lll%b
J & J' 130 b
F & A *107 b,
M &8* 133 h.
J & D 10T%b,
A & (> 120%a
2d consol.. 6 g
1969
& D' 103
N. Y. Ont. &W.— 1st, 6g...l914 M & 8. 110 b
Consol. 1st, 5g
1939 J & Di 93 b,
N. Y. Sus. & W.— Istref., 5 g.l93T
& J 98
Midland of N. J.— 6 g
1910
& O 115 b,
Norf. & \V,— 100-year, 5 g.l990
& J 97 14
North. Pac— Ist, coup., 6 g.l921
& J 116%
General, 2d, coup., 6 g.. .1933
& O 113 b.
General, 3d. coup, 6 g
1937
& D 110
Consol mort. 5, g
1989
& D 90
North Pac, & Moii.— 6 g-..1938 M & S 10738a.
No. Pacitic Ter, Co,— 6 g...l933 J & Jl nos b.
Ohio & Miss.— Consol., 78.. 1898 J & Jl *113 b.
Ohio Soutuern— 1 st, 6 g.
1 92
J &D« 104 b.
General mort., 4 g
...1921 M & N "35 b.
Omaha & St. Louis— 4 g
193 J & J 77
Oregoi) Imp. Co.— 1st, 6g..l910 J & D 104 a.
Ore. R, &Nav, Co,— Ist, 6 g,1909 J & J 109%
Consol., 5 g
1925 J &D 100 a.
Oregon At Transcon' 1—6 g 1922 M & N 10634b.
Peau. Co.—4% g,, coupon .1921 J &J* 106 b.
Peo. Dec. & Evausv,— 6 g..l92o J & J 103 a
Evansville Div.- 6 g
1920 M ,& 8 *100 a.
2d mort,, 5 g
1926 M & N| 69 a.
Peoria & East, consol. 4s.. 1940 A & o! 80%
Income, 48
1990 April. * 24 b.
Phila. ii Read.— Gen., 4 g..l93s J & J 82%
l9t pret. income, 5g
1958 Feb.
G938
.VI

'

"

,r

. . .

OlOgMav
Sept
Mar,

. .

.

. .

104=8
132

92
112
131
107
134
107
119

Aug.
Sept.

July

97

Sept. 112
May
Sept. 139% Jan,

May 122% Jan.
May

9838 Mar. 107
1014 Sept, 11334
95% Sept. 101
96% .\pr. 10138
113 Apr. 118
95 Mar. 9914
11334 Jan. 119
11034 Apr. 116
I0914 Jan. 113%
88 Sept, 94
10414 Mar, 110%
106 Jan, 113
II314 July 117
106 "2 Juue 11134
59 Apr,
63
1

.

!

. . .

.

.

C—

1

&N

M

80

Payments.

Coin.

t
«ept.l3
••
15
" 16
•'
17
" 18
" 19
T:ot»i..

9

2,121,470
7.685,997
2,617,576

3,565,101 157,139,118
8,631,036 157,048,440

2,714,1)22

12,492.832
6,979,236

5.005.496 156,751,301
9.121,997 15^,998,129
15.230,161 155,843,533

31,611.633

46,871,907

5,315,] 16156,778.178

,

Coin

Cert's.

Ourreney.

$
16,849,605
15.853,678
14,343.138
12.240.285
16.626,772
9,678,097

Feb.

June
June
Aug.

May

Aug.
Apr.

May
June

May

Ma.y

June

106

May

113

Jaiu

104% Mar
107% Apr.
IIOI4 Mar.
1

09

Aor.

106% Mar.
74
85

May

June

34% Juue
87

Jan.

80% Jan.
58% May
49
83

Jan.

May

11314 June

94

June

103 Jan.
83 May
78 May
ll2i4Mar.

107%

Apr.

113
111

June

Jan.
9838 .May
3238 May
108 Jan.
I0914 Feb.

103% June
107

May

93% JiUy
1

1

5

115

June
Apr.

114% Apr.
115
120
120

June
Mar.
Jan.

102% June
92

June

88% June
90

June

125=8 June
60'4 Juue

100% May
J 4
108

115%

Sept.

June
Sept.

10338 Mar.

109

June

10434 Jan.

103% Jan.

9634 May
45% May

107% Jan.
Ill June
108 14 July

80% May

101

Jan.

118% Mar.
116% Feb.
I1214 July

113% Mar.
117% Mar.
118 Mar.
IIOM-Tan.
95 14 Jan.
88 Aug.
110 Aug.
88% Apr.
90 Apr.
105 14 Apr.

86% Jan.
57

May

106=8 June
102 14 June

40

May

102% Jan.
IO414 Apr.
69 Jan.

Coins. The following are the current quotations in gold for
Tuious coin*
Sovereigns
$4 83 af 4 87 iFlne silver bars.. 1 15 « 116%
—91 » — 96
Sapcleons
3 88 •a 3 93 Flvefranca
X X Relcbmarks. 4 74 ® 4 78 Mexican dollars.. — 89%» — 91
Do unoommero'l — 8;> 3
25 Pesetas
4 78 ® 4 83
:

Balances.
Steeiptt.

Feb.

May
June

—

United States Snb-Treasnry Statement.
Datt.

J.IU.

June 110i4Mar.

. .

M

May

il7%Juue
134% Aor.

,

.

Apr

113% Miy
12434 May 128
Apr

*92isa. 88I2 Aug.
9812 May
123 b 124=8 Jau. 129 la May
71 Aug,
*114 a, II2I4 Aug. 116% Juuo
101% Jan,
114 b. II2I2 Aug. 118% Apr.
109 Feb,
& 105 b, I0512 Jan. IO914 June
100 Sept.
noi b, 101 Aug. 103% Juno
10334 Jan.
102 b, 103 Jan 106 June
107 July
104
103 Mar. 106 June
101
Jan.
90
89% Sept, 96% Apr.
100 Mar.
Q-F *140 a, 141 May 144 Jau.
66 Mar,
1902 J & D 12412b. 123 Ang, 129 May
Coupon, gold, 78
78% Aug.
1929 A & O 116%b 114 Apr. 117 Feb.
Smknig fund 63
22 Sept.
1929 A <feO',*106 b, IO6I4 Apr. llOiaFeb,
Sinking fund 5s
7934 Sept.
8iuUiu2tuuddeben.5s...l933'M & N 110
109 Jan. 112 Apr.
62 Mar.
IO4I2 May 108 la Feb,
2dpref. income5 g
1909 M & N 106
1938 Feb.
25-jear debenture 5s
51%
43% Mar.
3d pref Income 5 g
Extensiou4s
1926!F & A| 96
1938 Feb.
41
96 Jan. 101 ifi June
36 Mar.
9912 Juue Pittsburg & Western— 4 g..l91V J & J 78 %b. 78% Aug.
'Cbic. Peo. & St. Louis— 5 g.l928 M & 81 99
911a Jan.
126 Sept. 132 May Rich. 61 Uanv.— Con,, 6 g.. .1915 J & J 116 b. 115% Jan.
'Chic. K. I. & Pac— 6s, coup. 191 J & Jll26%
1934 J & J 101% IOOI2 Sept. 1061a June
Consol., 5 g
Extension & col. 53
1936 A & O 90 b. 87% Apr.
•Chlc.8t.I..&Pilt.— Con.,5g,1932 i & O 101 b. 100 Jan. 1061a Aug, Rich.&W.P.Ter.- Trust6g 1897 F & aI 97%
97 Sept,
Con. l8t& col. trust, 5g-1914 M & 8; 74%
•Chic. St. P. M. <t O. -6s.... 1930 J &D' 118 b. 117
Sept. 1231a May
72 Sept.
Clerelaud & Cantou— 5 g..l917
91 May
97 Jau. Kio G. Western- 1st, 4 g. 1939 J & J 7414
6979 Mar.
R. W. & Ogd,— Con., 53.... 1922
Feb.
•C. C. C. & I.— Consol. 7 g...l914
I3014 July 135
110%
& O
107% Apr.
1934
117i4Fob. I2512 May St. Jos, & Gr. Island— 6 g..l925
General consol. 6g
& N "103 b, 104 Sept.
1900
Col. Coal & Iron— 6 g
103 Mar, 108 Jan. St. L, Alt. & T. H.- 1st, 78.1894
& J *110 b. 110% Jan.
1894ip & A 107^,a. 105% May
•Colorado Midl'd— Con. 4g.. 1940
7312 Sept.
2d, pref., 78
681a Aug,
•Col.H.Val. &T0I.— Con.5g.l93I
73 Mar.
88% July St.L.Ark.&Tex.- l8t,6s,t'8t,rec. ..
88%
86% Mar.
General, 6 g
1904
2d, 6s, 1936, tr. rec,.aila8s,i)d.
25 lib. 27 Aug.
73 Mar. 891a July
Denver & Eio Gr.— Ist, 7 g,1900
St. L, & Iron Mt.— 1st, 78..1892 F & A' 103%a. 102
II712 May 119
Feb,
Aug.
Istcon.sol., 4 g
1936
2d, 7g
1897 M & N 108
106 May
841b June
761a Jan.
Det. B. City & Alpena— 6 g.l913
Cairo&Fulton— 1st, 7 g.l891 J & J 101 b, 100 July
99 Mar. 100 Jan.
Det. Mac. & M.— L'd grants. 1911
CairoArk, ATexas- 7g .1897 J & D 105 b, 102n8 Jan,
34 Aug. 391a May
Dal. & lion Range— 58. ...19.37
Gen. U'y & land gr., 5 g..l931 A & O 9438
99 July 10258 Mar.
88 Jan,
Dul. So. Sb. & Atl.— 5g....l937
92 Jau. 101 May St. L. & San Fr.— 6g., CI. A, 1906 M «fe N lll%b, 112i4Feb.
E. Tenn. V. &G.— Con., 5g,1956
I0312 Jan. 108 Apr.
1906 M & N lll%b Ill Aug.
6g„ ClassB
Knox ville & Obio—6 g... 1925
1906 M & N 111 b, 111 Sept.
6g,. Class C
1081a Jan. 113 June
Eliz. Lex. & BlgSau.— 6 g..l902
General mort., 6 g
1931 j & J 110 b IO9I4 Feb.
89% Sept. 104 Jan.
Ft. W. & Denv. City-6 g.. .1921
1031a Feb. 110 May 8. P. M. & M.— Dak.Ext.,6g.l910 M & N 120 a, 117^8 Feb.
•Gal.H.ikSan An.— \V.Div.lst,5 g,
consol.,
93 May
96 Sept.
l8t
6g
1933 J & J 115 b. 11534 Jan.
Han. & St. Jos.— Cons. 6s ..1911
Do
reduced to 4% g... J & J 100 Ssb 100 Feb.
116 June 121 Feb.
•Illiuois Central— 4 g
1952
IOOI4 Apr. 10214 Mar.
Montana Exteusiou 4 g..l937 J & D 90
86% Jau.
tnt. & Gt. No.— Ist, 6 g
1919
IO914 Jan. 116i3May San A. & Aran. P.— Ist, 6 g. 191 J & J 71 b, 70 July
Coupon, 6 g,, trust rec...l909
7314 Jan.
89 May
l8t,6g
1926 J & J 72%
69 ^8 Aug.
Iowa Central— Ist, 5 g
1938
84 Sept. 91 May Shen.Val.— l8t,7g.,Tr. rec.1909
113% Jan.
Kentucky Central—4 g
1987
General 6 g.. Trust rec... 1921
58
81 Sept. 85% Juue
48 Jan.
KiUffS Co. lil.— Ist, 5g
1925
100 Aug. 105 Jan. 80. Car.— Ist, 6 g.,ex coup.l92o!
10314b. 96
Jan.
Laclede Gas— l8t, 5g
1919
Income, 68
12 b,
79 Sept, 89 May
193l|
7% Jan.
Xake Erie & West.— 5 g....l937
109 Apr. ill2%June So. Pac., Ariz.— 6 g
1909-10]J & J 105%b. 105 July
Xiake Shore.-Cou.op.,lst,78.1900 3 & J 12312b. 122i4July 128 May Bo.Paciac, Cal.— 6 g....l905-12'A & O' 11514b. 112
Apr.
Consol. coup., 2d, 78
1903 ,T & D 123 b. 122i2Scpt. 128 May
1st, consol., gold, 5 g
100% Apr,
1938!a & O 102
Xong Island— Ist, con., 5 g.l931 Q—J 113 b. 112 Aug. 118 July 80. Pacitle, N.M.— 6g
191llj & J '105 b. 10514 Ju.y
General mortgage, 4 g... 1938 ,T & D 94 a. 93 12 Sept, 99 Jan. Tenu.C, I, «feRy.— Teu.D,,l8t,6giA & O *96 b. 96 Aug.
Co uisr. & Nashv.— Con., 78.1898 A &0*ill5i8b. 115 Jan. 119% Mar.
Birm,Div.. 6g
1917 J & J 98%
95% Aug.
». O. «fe Mob,— 1st, 6 g... 1930 J &J*'115 b. II514 Jan. 121% Juue Tex. & Pac— 1st, 5 g
2000 J & D 9214
8934 Sept.
do
2d, 6 g
1930 J & J», 11214a. 106 Jan. 110% Feb.
20001 March. 41^8
2d, income. 5 g
37 % Apr.
E.H. &N.— 1st, 6g
1919 J &D*113i2a. 1 13 Jan. 116% May Tol. A. A. .fe N. M.— 6 g
1924 M & N 104 a. 102 May
General, 6 g
1930 J & D114 b. 113 Jau. illGiaMay Tol,A, A, &Qr,Tr,— 6g....l92l'j & J 108
107 Jan.
Collateral trust, 5 g
1931 M & Nl 105 a. 1041a June 110 Feb. Tol. <S Ohio Cent.— 5 g
1935IJ & J 100 b, 102 Jan.
tiouls. N. A, & Ch.— 1st, 68.1910 J & J 112 a. 111
Aug, 119 Feb. Tol. Peo. & West.- 4 g
1917 J & J 78%a, 76 Jan.
Consol., 6g
1916 A & 0I10214
95% Apr, 105 Jan. Tol. St. L. & Kan.
6 g..l916
97 Sept.
& D 97
I-ouis. St. L. &Texas— 6g..I917 F & A lOOis
97 14 Feb. 104 July Uuion Pacific- 6 g
1899
& J 114'8b 114=8 Aug.
•letro. Elevated— l8t, 6 g.. 1908 J & j!ll3 b. 112 Jan. 117
May
Sinking fund, 88
1893
& B 110 b, 110 Sept.
2d, 68
1899M & Ni]08 a. 105^8 Feb, !llO Apr.
Kansas Pacittc—lst, 6 g..l893!F & A*
110% May
ailcb. Cent.— l8t, con., 7s. .1902 M & N 125
125 Maj' 129 Apr.
Ist, 6g
1896 J &D*
110 Jan.
Consol., 53
1902
& n!i10
108 July 111% Mar.
Denver Div.— 6 g
1899 M & N 114 b, 113 Jan.
Wil.LakeSh. &\V.— lst,6g.l921iM & N:120 b. 1191a June 125 Apr.
l8tcon30l.,6 g
114
11 3 14 June
1919|M
Exteu. & Imp., 5 g
1929 F & a! 99 b. 101 Jan. 105 14 Jan.
11034 Sept.
Oregon Short Line— 6 g.. 1922 F & A 111
Wilw. iNortb.— M. L., 68..1910 J & Dllll b. 109 12 Juno 113% May
Or.S.L.&Ut'bN.— Cou.5g.l919lA & O IOC b, 92% Apr,
Ist, con,, 63
1913'j & DllO b. 108"a Feb. 113i4May
U.P.Den.&Gulf con. 5g.l939!j & D 85T8
85% Sept.
ai,K.&T.— New4g.,whenlssued'j & D
106 14 May
751a Mar.
82 June Union Elevated— 6 g
1937iM & N 109
Kew 2d 5s, when issued
(J & D
55^8 May
431a Apr.
Virginia Mid.— Gen. m.,53, 1936 M & N 86%
85 Mar.
Consol,, 6 g., trust rec
1920 J & D
8838 May
721a Jan,
do
stamped guar. M & N 88 a. 86% June
Consol., 5 g,.trn8trec
1920 J & D
61 13 Jan
1939 M & N 102
100 Aug.
76% June Wabash— Ist, 5 g
aio. Pacilic— 1st, con., 6 g. 1920
& N
109 May 113 Apr.
1939. F & A 77%
75 Sept.
2d mortgage, 5 g
3d, 7s
1906 M & N
113 Sept, 120 Apr.
Dobent. M.. series B
1939 J & J 43%b. 42% Sept.
Pac. of Mo.— Ist, ext., 4 g.l938 F & A
95 Aug. 101% Jan. WestShore- Guar.. 4s
103%
103 Aug.
236liJ & J
2dmort.,7s
189l!J & J
100 July 103 Mar. West. N. Y. & Pa.-lst, 5 g. 19371 J & J 99%
92 14 J.in,
Mobile & Ohio— New, 6 g.. 1927 J & D
II212 Aug. 117 Apr.
1927 A & O 34 b. 29 Jau
2d mort., 3g., 59C
General mortgage, 4s
1938|M & 8
57 14 Jan,
67 July West. Un. Tel.— Col. tr., 53. 1938 J & J 99
98% Sept,
Mutual Union Tel.— 6g
1911 M & N
100 May 105 Sept. Wis. Cent. Co.— l8t, 5g
1937[j Jc J 99 a 96''8 Jan.
afash. Ch. .feSt. L.— Ist, 7s.l913lj & J
128 Julv 133 Jan.
Income, 5 g
1 937
51%
43 Sept.
NOXEIndicates price bid, and " a" price njtieed; the Rigjn is male up tco.a acLial 8.ilBS oaly, * LiitCit price this week
.

Highest,

HI May

,066,t88
,204,^53
,388,114
,127,467
,864,990
,717,337

—

82 » -8J
Span. Doubloons. 15 55 •alS 75 Peruvian sols
Mex, Doubloons. 15 55 ®15 70 English silver ... 4 89 • 4 86
Fine edd bars...
par ®3i«prem. U.S.tradertoUarg — 90 •
—The first mortgage from the Belt Line Railroad Company of Baltimore to the Mercantile Trust <* Deposit Company to secure the issuance of bonds to the amount of $6 00 ,Oiio was recorded in the clerk's
offlce of tlu" Supreme Court, in Baltimore, this week. The baltimora
& Ohio Railroad Company guarantees the payment of the interest.

1

.

SEPTEMnER

11

'

THE CHRONICLBL

20, 1890.

NEW YORK STOCK EXCII\NUE PRICES
Srpf. 19.

'

Inactive Stocks.

RHllroM« Mock*.
Alnlmma & VlikburKll

100

Alhuiiv

100!

1% Buf>(|iU'liaiiim

.t ('liarli)tte.\lrI.Tr....lOO
Bellcvfllii A- bioutli. 111. prof
B(>»| (Ml A N. Y. Air I.luo pret. ... 100

RdcUCBtcr &. Pitts
Pirfincil
Burl, Cedar Rhi>1(U & Nor

BiiiraUi

California I'acllVolF
C<Mlar Falls* Mliiuosota
ClfVclaiKl * ritisbiir)?
Colunilila & Uroeiivllle pf

97 ;ioo

Knnawlia

Keokuk

Preferred

Klntston

Pembroke

A-

Louisville Kvans. &8t.

L

Preferred

&

Louisville St. L.

38

SSU 15

I

TexasIT

Mahoning Coal
Prefen-ed

Apr.

May

35

1

5
15

7

25

Cs

8

24 la

23
26

8

11

6H

6
t

Manhattan Beacli Co
Marq. Houghton & Onton..".. 100

Jutio

Jnly
Apr.
Apr.
Feb.

2T8

95
10
3
7

14
9

16
16
31
65

30

May

33i4Aug.
75 May

671a July

115
418

5

11

10
82

100 90
MenipliistV Charleston
25
Mexican National
100
Morris A' i;s.sex
50 [150
Newport Nowsi Mies. Val.1... 100 15
Pieferrcd

!

I

17

I

30
30
180

SECURITIES.

108

ioi"

New York
13,

lf?9:), is

City

13

39

17
19

14^

Jan.

20i«H»r

17
38

All*.

lOiaAtig,

Jon.

esisMay

I

100
I

I

100 ;153
50 41

160

I

i
'

I
'

1

h
1

i

!

I

'

1'

I

,

;

'

\

I

J

!

1

I

I

I

I

We

Bid.

101

ioi'^

Special tax. Class 1

1(10

"96"

Consolidated ts
68

New

bonds,

Chatham

J.

RR

A

Rhode Island— 6s,

we^k

omit two ciphers

2
5

etidia» Sept.

Bahks.

in all cases.

(00)

Loan»

Speeit.

LegaU.

D&l)OHt$.

"

Bank

9

Xew York

of

Manhattan Co
Merchants'
Mechanics*

America
Phenlx
City
Tradesn'en's

Merchants* Exchange
Gfillatiu National.
Bulthers' & Dro^ era
Mechanics' A Traders
.

Greenwich

Leatnei Mannfact'rs.
fieveutli National
State of
^'ork

New

American Kxchaugo..

Commerce
Broadway
Mercantile
Pacific

Republic...

Chatham.....—
Peoples'
Norih .\merica.

Hanover... ,,..
Irving
Cltizeub'

Nassau
Market

.........

&

..

Fnlton

Bt. Nicliolas

Shoe & Leaiher
Corn Kichauye
Continental
OrlentJil

Importers'

A Traders'

Park
North River
East Kiver
Fourth National

Central National
First National
Third National
N. Y. Nat'l Ji.xcliange

Bowery

New 1 ork CountV
German- A mericaii
Chase National

Fifth -Vvenuo
Genaaii Exchanre,.

Genuania

".

,

1,41»,4

S

'i.ono.o

W4,9

9,»74,0
6,456,3

l,8(i»,ll

7,613.i)

2,013.6

12,149,1

6.33,2

4,611!,0

2,331.3
66,0
6,28»,4
125,6

3,303,7

300,0
600,0
1,000,0
300,0
200,0
200,0
600,0
300,0
1,200,0
5,000,0
6,000,0
1.000,0
1,000,0
422,7
1,500,0
450,0
200,0
700,0
1,000,0
500,0
600,0
600.0
760,0
600,0
600,0
1,000,0
1,000.0
300,0
l,500,f.

iiP.Q
250,0
3,200,0
2,000,0
300,0
750,0
600,0
1,000,0
300,0
250,0

808,0

9,874,2
1,937,0

1,870,9

6:23,0

9,406 4

277,7

22,2-'8,4

6,730,1

167.4
941,9
318,7
818,6
59,5
413.0
H'.,2

1,877,6
23,613.9
3,733,8
3,692.9
1,766.3
3,016.0
l.le2,0
2,634,4
1.375,6

4,8.'-.6.7

l,S94,4
2,665,0

687,7
5H3,3
442,8
i3;,o

l,214,'2

14.';,3

485.7
318.7
369,4
1,890,0
1,695,8

121,1
260.1
1,162,5
307,0
386.
4,680,5
2,416,6
122,2
133.9

3,115,5
1.265,6
3,636,1
16.h25,0
19.246,9
5.400,5
7,779.5
2,769,6
10,458.4
6,425,6
2.617.0
4.3)7,3
13,264,8
2,927.0
2,795,2
2,975,3
4,031.3
1,856,3
2,558,0
B,308,0
4,304,1
2,169,0
20,448,6
It,"!!,!
2,004,8
1,1-8,9

1,51'.;,0

'.6,4»3,8

1,589,7
86.'>,2

364,6
921,7
674,0
288,1
544,1
1.459,5
273,2
397,5
208,5
697.1

5H',6
301,3
2«i.9
3,3 ••4,9

246,6
14!),

1

760,0
600,(

8.-.6.1'

lOO.C
200,0
200,0

776.9
445,3
41H,8

6,680,0
4.15o,0
5.432,1
21,055,3
3,945,7
1,491,4
2.530,0l
2,84 i.2
•2,739,6

9,820,4
4,2.7.3
2,-0!',5

79,5,8

1,362,1
355,'2
2,7.i2,l
77<i,5

224,2
4'.>8,8

3,219.2

483,6
669,1
387,4
1,0S5.5
144,3
446,
725,7
355,1
95,8
4,263,6
3,»^5.3
132,6
185,4
3,206,1

673.U
1,1 17,''

878,4
3,480,6
<>82,«

178,7
530.0
6iO,U
456,6
1,946,6
1,054,7
114,6

2,861.6

203.3

SOO.t,

49.3,S

3,9 1 0,6

1,346,3

276,8

3,obo.8

3-24,3

3,if45,4
1,80 s,5

013,3
567,6

Seaboard
Sixth National...!'"!

300,0
200,0
160,0
300,0
200,0

60O0

Western Nationnl....

.'l,600,(I

154.7
388,1
179.6
732,9

.

United .States
Lincoln
Gorlield
Fifth Naiional
Bank of the Jletrop...
West Side

First NaUonaUB'klyn

Total

200,0
300,C

294,4
638.7
253,8

9

281.0
754,9
164,0

287,5
237,8
117,0
682,6
74,8
44S,2
1,»98,8
3.2'i7.4

9
630,0
320.0

9,330,0
8,791,C
6,044,1
5,9-8,0
10,791,5
4,075,0

1,50'2,8

469.7
447.9
256,4

200,t.
.

11,0! 0,0

2,000,0
3,000,0
1.000,0
1,000,0

-,^,000,0

Second Naiional
Ninth National

1,6.19.3

1,760,0
1,706,0
1,09^,6
1,406,0
1.657,2

T.-^O.O

Clicniical

9

*

2,000,0
2,050.0

4,0i6.0
2,042.0
3,i7B.O
1.451,0
9.944,5
3,899,0

3f'i,4

807,7
31e;,0
(169,0

1S6.0
1,75»,3
893,01

336,

2'29,4

28,1

211,5
672,0
1,744,2
218,3
68»,6
241,1
242,2
491,6
142,3
410.3
890.6
197,4
108,0
241,5

.

14'2.-2

120,1

304,U
217,0
497.4
233,3
1.207,6
l,ie8,6
110,1
84,6
949,1
6S9,0
141.0
292.1
71'2.5

634,0
118.3
156,0
160,0
72.6
1,00,5,4

193,6
48.\7
256,4
45,8
271,5
261,5
262,9
304,3
244.0
303,0
87.0
264,6
146.U

"T

Sept.

"

23
30
6
13

..
..

Capital &
Survliu.

..
..
..

120,799.8
120,799,8
120,799,8
120.799.8
120,799,8

3ia

settlement, 68
5s
38
Virginia (is old

—

Loant.

Specie.

Si

9

Lrgitt.

$

\

107
103
731*

l^l

'

\

101

99
70
80
1913 106
1913 100
1913
721a
189ii

(is

60
50

6s, consolidated, 2d series
68, deferred, trust receipts

York.

••

consolidated,

New

1910 98 100
1919 1261a 128
cou. .1893-1894 109

Aug. :6
VavitaU SurplHt.

Brown

Ask.

Bid.

Tennessee— 68, old
1S92-1S93
Compromise, 3 4-3 68
1913

.«.

(00< omitted.)

SECURITIES.

Ask.!

North Carolina— Gs, old
Funding act

for tha

19.

1893 109
JAJ 35
1900 10
20
J. ...1892 1898

6s, lo.in

Mar

4

lia Jan.

15 «
16
621a

100,

South Carolina^fis, non-fund. l.S>*8,

1

Juno

30 May
41 Majr
Jan. 185 Mar,
Aug.
10 Mar
Aug. 4018 May
Sept.

Missouri -Coii.-Fuud. . 1894-1 895 110
New York— 6s, loan
1893 109

20
170

Bank StiteiUMit

as follows.

July

,

July
Apr.
Apr.
901a Mar.

10
145
10
88
102

Mi.qsonri— Asylum or Uuive..l892

15
l.''>7

Mar. '1S6 Jan.
Notoll
42i«JuIr
43
421a July
American Cattle TmstH
1514 Jnn»
10 Jan.
American Cotton Oil Co.lT
20 la 211a 17\ Aug. 32 Mar
100,
Preferrert1[
100 49
49 Bopt. 75 Mar.
52
American Express
100 114 117 II3I4 Jan. 120 Mar
100^
Am. Telegraph A Cable
8214 Aug.
82
84
87 Jan.
American Tobacco Co., prof ..100 ;ioo
98 Bopt. 100 Bept,
Brunswick Company
2714 Apr.
100
30 Jan.
Columbus A Hocking Coal
100
27
15 Jan.
33 jQlr
Commercial Cable
100 iooi* 102 ilOlia Apr. 1051a Jon*
Consol. Coal of Maryland
100 20
2H
221a Jan.
271a Aug.
52 13 Aug. 68i«Mar
Laclede Gas pref
100 521a 71
Lehigh A Wilkes. CoallT
22
26
23 June 25 Jan.
Maryland Coal
16 Feb.
100
12
15
13 Jan.
80 May 91 Jan.
Mi nneso ta Iron
100 851a 88
713 Apr.
New Central Coal
100
11
imJuno
9
Ontario Silver Mining
100 451a 47
36 Jan.
461a Sept.
Oregon Improvement., pref. ... 100
90 Mar. 100 Apr.
Pennsylvania Coal
60 290 300 290 June 300 Feb.
66 Jan.
Phila. Natural Gae
59 Jan.
50
35 June
Postal Telegraph -CableU
31 May
39
41
913 June
« Feb.
Quicksilver Mining
100
Preferred
100 142
431a Jnno
351a Feb.
ISia Apr.
23\Mar
Texas Paeillc Land Trust
100
17
20
V. 8. Express
100 :67
69 Hs 65 Sept. 90 Jan.
Wells, Fargo Express
100 140 115 135 Jan. 150 Juno-

SECURITIES.

1031a

4999

Aug.
Mar.

i

4'% July
SUMay
149 Mar. I56I3 June
17?ilob.
18 Feb.

Ask.

Bid.

1906
Class B, 58
1006
Cla.'JsC, 4»
1906
Currency hiuding Is
1920
Arkansas— 6e,ftuid, Hoi. 1899 1900
do. Non-Holford
78, Arkansas Central UR
Georgia— 7s, gold
1890
Louisiana— 78, cons
1914
to 5

11»

42

NEW ¥ORK STOCK EXCHANGE FRICES .—STATE BONDS ON SEPTEMBER
Alabama— Class A, 4

HIghal.

Apr.
Jan.

3«
179
;

1

(n ]<490,

{walei)

,

15U

May

ir.i'i

I0«'

100
100

Adams Express
American Bank

July 115
May
7
Jan.

12

I

taltft.)

l.Mieett.

i..'.r

50!

llllscellaneaus Slookn.

'

Rnngt

;

no

34
100 170

Preferred
Rcniselaer A Saratoga
Ht. Joseph A Grand Island
St. Louis Alton AT. il
South Carolina
Toledo Peoria A West*mir
Toledo 8t. Louis A K. City fl
Virginia Midland

10

165

10.

Ask.

100
100
PIttH. Ft. Wavuc4tnilcago....l(X) 165
Pittsburg .fe Western
BOi 27

Apr.

Mar.
lUaMay
5219 Feb.
Bl '8 June
154 Mar. 157 Jan.
25 Apr.
35 May
5 Fob.
Ola May
18 Feb.
27 May
4"8 Mar.
15 Feb.
20 Apr.
24i4JuIy
22 A\ig. 38 '4 May
95»8 Mar. 103i.jMay
11 Juno 14 M Mar.
313 Jan.
lOTgMay
2T8 Sept.
7 May
07 "a Mar. 99 la Mar.
10 Sept, 10 Sept.
6 June
6 June
7 "a Sent. ISMMay
14 Feb.
241a Jan.
29 Aug. 31 Aug.
58 Jnly
65 Aug.

Rtjit.

Bid.

N. Y. Ijirk. A Western
Peoria A Kantern

May
01 \ May

Jan.

Tnlicite* antaal

{\

iBiCTtVB BTOCKd.
Indleaten unlUtod.

!I

Il75

I

12

100
100
100
50 13
100 29
100 61
100
50
50 112

Miehlttau.lf
IJes Moines

nighttt.

lot's Jan. 107
3714 .Tune 39
Jan.
41
76>4
Bept.
7e>fl
80
35
25 Jan.
35

35
34«9!

70

lOOi

A.-

A-

;i07

.50

100
Dcx MiiliK's A Fort Dodge
100
Prufcrrcd
100
Diilulli 8. Hhore Jc Atlan.lT
100
PrifiTrcdll
100
Flint * Pcro Marquette
100
Prforrod
100
OenrKia PatiflcIT
100
Orccn Bav Win. & St. Paul.... 100
HouBton Sc Texas Central
100
Central leased lines

35
171
88

in 1800.

I

100
100
100
100
100
100

Broiiklyn Klevnted!

{CiHithinM)-lNACriVE STOOK'i.

(§alei)

Lowetl.

87

Atlnutn

Illlniiis

ABk.

Bid.

H Inrtlcntcs unllHtcd.

Range

371

8

91a

OeBojitj.tj ^i'r.'''n OltaTtnt$.

$

\

9

9

\

402.16.3.9 70.843,2 23..J78.li339,508.1 3,629.4
.387.67'2.3 68.821.1 26,2^4,2 3<9.5.S3.11.e5'J,7
392,,540.4 69,595,6126, IS.). 1 3S->.U9.S 3,652,3
.391,9.0,1 70,2111,7 2.5.4S2.0 3-!-i.39.t,3».o )3.)

690.003.»
717.416,7
828.0()7 O-

580,421.3
393,16O,0|67.842,3 24,663,5,383.230,3 3,702,7729,990,9-

Boston.'
-Vug. 30...
Sent. 6...
•
13...

PhflR.Aug. 30 ..
Sept.
••

6...
13...

64,685,4 15-3,712,8 9..'521.2
64,685,4 15'2,769,7 9.618,7
64,685,4 133,004,7 10,329,7
35,793,7
33,793,7
35,793,7

98,831,0
99,110,0
J8,508,0

4,664.0 125.205.9 3.270.0 81.100.0
4,49J.D 1-28.3!<2.«13.'.97.1 78.328.9
4,401,2 129,401,7:3,198,51 86,418.3.

2.'?.23fl.0

22.328.0
22.647,0

• We mnit two ciplurt tn all thete Hgurei.
ialphla, tha Item " due to other banks."

95.172,0 3,137.0 82.164.591,358 2,140,0, e-J.SBl.SU3,663,0 3,142,01 69,073.1.

t InolaJlag, tor

BastoB and PUll^

City Railroad Secarities— Brokers' Q'aotations,

2,7i.5.6

12.802,0
13.200,9
4,031.6
8,100,5
2,974,7
11,27 6,3

5,608,0
3,076,2
4,305,1
14,026,6
2,864.0
2,838,1
3,5 73,8

4,319,6
1,704.9
3,063,0
6,402,6
4,428,7
1,915,0
iO.511,6
22.b47,0
2,318,1
1,023,2

16006,6
6,610,0
4,925,0
5,639,2
1H,106.5
3,578.5

Br'dway t 7lhAT. -Sfk. 200
Ist more, 58, 1904 .JAD 104
Sd mort., 5s, 1914...J&J ;103
]

B'iray 1st, 68, gu ....'24 101
2nd 5s, int. as rent., '05. 92
1

Srooklya City- Stock

'.

B'klyncroi-'l'a 5s., 1908 103
Oeatral Crosstowa— ^if.'tc.. 155
1st mort., 63,1922. Jt.tN, 118
Oent. Pk.N.& E.RlT.— StU. 120
Consols. 7s, 1902 ...J&D 117
Ory Dlt.E.B.4 Bat'y— S1.IC. 140
Ist mort., 78, 1883..J&DI1102
)

]

2.130.'2
'2,116,0

i

i

;

:

1

8,305,0
3,994,0

59.987,l'393,ieO,0 67.942.3! 24,C63,5 '383.250.9

& B.-

Bujhth At.— Stock

1

A&O

—

Ninth Ave
Second Ave.— Stock

MAN

!103
'120

105
200
Sixth Avre.— Stock
1st mort., 7s, l&90..JikJ 105
'260
Third Ave.-3took.
1st it., 5s, 1937. ...JAJ 109
Twenty-third St— Stooc. 230
106
Istmoru, 7s. 1893.

122
120
107

ioi"
250
•..•«

43
lis

»i

lr.c..3i)0

1st mart., 7s, 1894. .JiftJ 105

Ist mort., 58, 1910.

l'20

103

100

108
lat miirt., 78, 1893.
42d8t..Mauh..fc St.N.A7a.{ 10
Ist mort., 6s, 1910.. iCAS 112
2d .H,, iauoiue,6s ...JJtJi 67

Hoa«t.W.St.«P.f'y
'

F4A

2U0
BighthAT.— Scrip, 6s,1914 lOS
4-2d A Grnd St. Fry- 8tt 240

i

GAS COMPANIES.

Gas

...

Jersey City A Hoboken.
Metropoli tan— Bonds
Mutual <N. Y.)
Bonds, 6s
Nassau (Brooklyn)
Scrip

I

Bid.

i

Ask.']

GAS COMPANIES.

I

Bid.

»»
People's I llrooklynl
123
[ISO
Williamsburg
93
Bonds, 68
103
195
951. 96 <a Metropolitan liraoklyn).. 110
,..-•.
170
..| Mauicipal-Bouda, 79
140
11-2
Fulton jlunicipal
l"0
Bonds, 6s
121
EmiltaOle
101
100
\iii'
ItO"
Bonds, 68
1.10

120
92
100

I

ioi"
110
129
107

iSs"
110
iifi"

I

es

I

100

143
10»
127
1U»

iiiii

Anetion Sales.—The following were recently sold at auctiao
by Messrs. Adrian H. Muller & Son
:

3,972,0
1,2111,0

Dr»^ Dock E. B'y
!}crlp6»

N. T. and Brooklyn Gas Secnritles— Brokers' Quotations.

Cousoliiiated

4,527,1

\

1

3,10t<,5

3.235,7
4 3->7,l)
3.856,6
3.696,4

;

'

1,381,2
2.650,0

3.30.S,3

109

l^t mort., 5s, 1902.. Ji&J 105

Brooklyn Gss-Light
Citizens' Gas- Light
Bonds, 5s

2,417,3
11.36J,4
4,509,1

135
107
27
115
210
100
103
106
93
171
106
110

Atlaitio At., Bklyn.St'k.i1130
Geu .\I.,5!), 19u9....4JiO|l,103
Bl'caarSt. .e, t'ul. F. -Stic. 24
Ist mort.. 7s., 1 i)Ol<-.Jitj':^112

Sharet.

1 Cert. N. Y. Produce Er.
$710
(dues paid)
70Meeh.* Traders' Bk.. 28 1-'283
330
25 National Park Bank

.

Shares.
& Steel

'200 Sloan Iron

25

Co

50 Fourth National Bank. 17 3>«
1355
40Ontriil Trust Co
50 Kings.* Pem.M'g Co.50c.pr .atb
. .

I

—

MJJ„

t

THE CHRONICLR

372

[Vol. LT.

GENERAL QUOTATIONS OF STOCKS AND BONDS.
ravba; otUsr riiiotations wdfraaieitly made piran»re.
:
Onotations in New York represent tUe per cent value, whatever the par
" M," for mi>ri?i);6; " g." for gold; " g'd," for giarautead; "enl.,"fjr eadDrsad; " oons.,
file
foUowlnit abbreviations are often used, viz.:
The following
"
for
land
"
g.,"
graat.
"
"8.
sinking
siiad
1.
8. f.," for
- .-.
convertible
^
conv." for convertible;
.. _ ,, ^„,„.
consolidated "conv."
lor-consolidated;
Quotaticus tn New York are to Tnursday; from otlier oitieo, to late mall dates.
;

;

;

Sabserlbers ivlll confer afiiTor by glvlns notice of anr error discovered In these <laotatlons.
Bid.

United States Bonds.

UNITED STATES BONDS.
re^..Q—
4>fS,1891
coup.. Q—
4its, 1891
«8,
48,
e».
6b,
6s,
6s,
6a,

reg...Q-J

1907
1907
Currency,
Currency,
Currency,
Currency,
Currency,

1895
1896
1897
1898
1899

coup..
reg
reg
reg
reg
reg

.Q—
J&J
J&J
J&J
J&J
J&J

—

STATE SECURITIES.

Alabama—Class "A," 4 to 5, 1906..
Class "B," 58, 1906
Class"C," 4s, 1906
Currency funding 48, 1920

fund, non-HoIford.
n7s, L. B. &Ft. 8.i8sue,1900.A
7s, Memplils & L. R., 1899. A

105

.

Funding 5s, 1899
J&J 110
Perm. imp. 68, guar., 1891 ..J&J 102
J&J
Perm. imp. 7s, 1891.,
Fund. loan(Ijeg.;68.g..l902Var
Market stock, 7s, 1892
Water stock, 78, 1901
do
78, 1903
Florida—Consol. gold 6s
J & J
Beorgia-7B, gold bonds, 1890.Q—
41*8, 1915
J&J
SiiS, 1917 to 1936
J&J
Iionlsiana^Consol. 78, 1914. ..J&J
J&J
Stamped 4 per cent, 1914

M&S

413B, 1912, 10-30.

104

41S8,

1900

06%

?.*00!\l

4s, 30-.508, sink, fund, 1931.
58, 30-508, silk, fund, 1930.

139 >fl
Jill
101
118 119

Hamilton County 4s...
Cleveland, 0.-78, 1894
68, 1900
58, 1907

101

06%

J&J

M&N
A40
M&S
J&D

100
107
112

5s,

F&A

1920

Dallas, Texas
58, Street Improvement, 1928...

103 H)

D>yt in,0.— 58, 18^5-1906

Orange,

,

'

A&O

j

—

,

68,
4s,

Purchaser also pays aoorued Interaat.

e

—78, long

107
109

la London.

104
101
122
129
110
111!

109%

10814

1905

116
124
119
:o2
110

J.— 7s, 1900

1901
1908

120
Var 135
107
1904 reg
J&J 120
Portland,Me.— ti8,RR.Aid,1907M&S 122
J&J 100
48, funded, 1912
Portland, O.e.— Gold 5s.l92n.M&N'5....
Portsmouth, N.H.—68, '93, RR. J&J §105
125
Poughkeepsie. N. Y.—ts, water long 5140
03% Providence, E.I.— 5s, g.,1900... J&J 112
120
6s, gold, 1900, water loan.. J & J
J&D 1061s
41*8, 1899
ioi"
99 ^i
ivr&3
3ifl3, gold, 1916
110
Qaiuoy, Ill.-Bs, 1899
J&J
116
35
Kahway, N. J.— Old 78

lOlis

7s, 1912
4s, 1915
68, Consol.,

I

125
120
104
112
111
12P
122

J&D

New atljnstment, 48
Reading. Pa.— is. 1920

124
102

ioe"
il2i4
121
108
100

721*

A&O

105

140
101
110

96
991a
1131s 115
105
107
107 ifl 108>i

68, gold, 1894.
58, 1900.
48, 1905

103
105
100 >s 102
121
123
A&O
8t.L.Co.— 6s,1905
991s 100
St. Paul, Minn.—4a, 1912
106
108
4is3, 1916
1131a 115
58.1915
llSis 120
6s, 1904
11718 119
78 1898
113
Antonio. Tex .-^Ss,' i 9*69-1 9 J & J 112
S
1021s 105
Savanuah— Fd 58, C9n8.1909 .y—
Scranton, Pa.-48, 1893 1910. F&A
idoia
§•
SiouxCity.Iowa- 4ia>, 1899
Spokane Falls, Wash.— as
125
Springfield, Mass.— Us, 1905. .A&O 123
A&o 131 133
7s, 1903. water loan
3-658, 1907

m

Springfield, O. -5s, 19 J7
Toledo, O.— 7-308, BR., 1900.
88,
68,
58,
4s,

M&N

1121s

M& ^

113 is
108
108 ifl
101
93

Vai

1893-94
1899
1»93-1913

A&O

1913

Var.

Var

115
110
110
102

9S

Topuka, Kau.- Enfuading 58
Trenton N. J.-48, 1911
<»

oroester,

J&J §101 103
1892. ..A&O 1 102 la 103

Mass.— 6a,

A&O
A&O
J&D

58.1905
4b, 1905
aisa, 1905

RAILROAD BONDS.

5113
115
J 103
104
§ 9Jia 100
|

(Bonds or conit>atue$ consol'ifi are
getieraUy under the coiisol\i ntme.)\
118
Ala.Gt. Southern— l8t,68,iyO:jJ&J !ell5
110
Di'beuture 68, gold, 1908.. .F&A elOS
elOl
103
J&D
Geu-1 moi-t. 5a, 1927
90
97
Alaba oa Midland -l8t,6.i, 1928.-.
e
71
76
Ala. N. O. T. &c. 1st deb. 6s, 1907.
58
J&D « 53
2d debent. 68, 1907
921a 95
Ala. & Vloksb.-C >ns. 5s,192 1. A&O
Vioksb.&MBr. -lst,68, 1921.A&0
.^.
2d, consol. 58
ilb'y &SU311.— Cons. 78, 1906, guar.
Consol. mort. ,6s, 1906, guar.A&O
».llegh. Val.— <}en. M., 73-1 Os. J.feJ

99
70

102
80
132

12OI4
109
110
A&O el21 127
Isimort., 78, 1910
24
A&O 21
tuoome, 78.end., 1894
102
Allentown Torm.-l6t3.48, 19 19. J&J §101
8LI4
84%
1989,J&J
new4s,
Fo—
&S.
Atch.r.
61>« 62%
New Incomes, 1989
lU
Aii.&Chari.— Istpf. 78, 1897.A&0 lu7
122
121
Ist, 78, 1907
i20'

—

A&O
M&N
M&N

tOJia
(ucooie, 68, 1900
ioi'i*
§100
111 & Florida— Ist, 63. 1939.
105%
1919.
5s,g,
Clty—l8t.
iilautio
90
Atiuu. & Dan.— Istg. t>8,l'Jl7.A&0
78
77
*.rjaatle& Fao.-l8t4s. 1937. .J&J

2d W.D., guar.,g,s.f.63.1907..M&d
A&O
W. D incoiuea, 1910
Central Div., l8t, 68,

1

891..

M&N

Incomes, 63, non-cumuL, 1922
Land gr. incom-s, com., 1901.

100
17
100

151a

90
8

20

12

laJiiuiore &Onia-l8, 19J5...A^O 101
Paraorsb-arg Br., 6a, 1919. ..A&O

58 gold, 1925
Oouaol. gold 5a, 1988
SnlmylBiU Riv. East Side
iDeruuij, 6a,
\[

1895

Coupons ou since 1869,

iY-7%

F&A
F&A

.'Ss,

193

i

Mon Riv-RR „lat58.g.l9.9F&A

I

§

A&O
A&O

5s,

Petersburg, Va.— 6a
J&J
Philadelphia, Pa.— 68,1895.... .T&J
J&J
63, 1904-5-8
Pittsburg, Pa.-58, 1913
J&J

!

* Price nominal.

N..I.

Haterson, N.

109
Denver.Col.-Pub.lm.48,1904.M&8
Duluth, Minn.— 48, 1920
I&J 5100 101
Detroit, Mich.— 78, 1894
F&AIU08
""
128
103
68, W. L., 1906
J&D
100
111
J&D
31S8, 1911
130
Erie, P».— Consol. 7s, 1894 ....J&J
Elizabeth, N. J.— New 4s, 1922 J&J
84
New York— ?». gold, 1893.... A&O
Evansville, lnd.,comprom.4s,1912
75
No.Carollna— 6e,old, 1886-'98.J&J
Fltchburg, Mass.— 68.'91.W.L.. J&J SIOOI4
68 N. C. RE., 1883-5
JA J
Galveston, Tex.-88,1893-1909.M&8*100
6s
do
7 coupons off ...A&O
12
58, 1920
J&D
68,tnndlngactof 1866 1900.J&J
25
Gr'nd Rapids, Mich.— 58, 1904.J&J
6s, new bonds. 1892-8
J&J
11214
6
Water,
88,
Chatham
2
1895
J&D
68,
RE
A&O
Harri.burg, Pa.-68, 1895
5
J&J
68, special tax,claS8 1,1898-9A&0
10
5
Water 6e. 1903
Trust certificates
J&J
100
Hartford, Conn.—6s, 1897
48, new, conp 1910
J&J §110
J & J
luO
Towns. 38, 1909
12»^ 1281s
68,1919
Hoboken, N J.-78. 1892
North Dakota bi nds
A&O
Improvement
Penna.— 58, new,reg.,'92-1902.F&A 10231
6s, 1898
J&D
do
5s, 1901
M&N
K 48, reg., 1912
F& A
105
Houston, Tex.—63
103
Bhode Isl'd— 68,1893-4, coup.J&J 109
97
4% Compromise 5s, 1918
Bonth Carolina— 6s,Non-fun<l,ia88
95
31s
100
Brown consols, 6s, 1893
Indianapolis, Ind.-"D"7-3,'99. J&J
J*J 99
Blue consols, 4i«s, 1928
J&J
J&J 100 lOOVi 68,1897
Tennessee— 68, unfunded
!jer8ey City— 7s. 1905
Var
J&J 70
Water68, 1907
Compromise, 3-4-.5-68, 1912. .J&J 7818
J&J
Hudson County bs, 1905
Settlement, 68, 1913
M&S
J*J 106
Settlement, 58, 1913
Hudson County 7s, 1891
JjiD
J&J 991s
Settlement, 3s, 1913
Bayonne City, 7s, Ions
J&J
j&j 721s
Texas— 7e, gold, 1904
135
iKansas City, Mo.— "8, 1898.. M&N
J&J
Virginia— 68, old, 1886-'95...J & J
50
48,1910
A&O
Lawrence, Mass.— Os, 1900 ...AivOi
68, new bonds, 1866
J & J 50
65
Leavenworth. Kan.— 48, 1914 .J&J
68, consols, 1905. ex-coup
J&J 48
6s, consol., 2d series
Long IslaniK'ity, N.Y— Water.78...
J&J 50
10
7
6s, deferred bonds
Los Angeles, Cal.— 58, golj...^
8i<
Do tnist receipts
9
125
Louisville, Ky.— 73, 19ua
Var
110
Tax-rec'vable coups., from cons'ls
68
63,1897
Var
107
Do
63
20-408, 58, 1920
from 10-408.
M&N
69
luO
New3s(Riddleherger).1932.J&J 68
48,1923
J&J
41
10-408, cp.& reg., 3 to5,19l9. J&J
Lynchburg, Va.— 6s, 1901-4. ..J&J
Consol. coupon, new
ioi'
33
Lynn, Ma8s.-Waterloan,6s,'94.J&J
do
114
20
non-fundable ..
58,1905
M&N
Washington- S^is, 5-15 years
Macon. Ga.—«s, 1909
ilOO lul
iVa'
Manchester, N. H.- -6s, 1902. .J&J.
CITlf SECURITIES.
lOt
48,1911
Albany, N.Y.— Ss. 1915-1919,M&N
105
Memphis, Teun.— Comp. 68, 1907..
4b, 1920 to 1930
102
Tax Dist., 68, 1913
M&N
JAJ
Allegheny, Pa.— 58, cp., '87-97.Var. 100
106
TaicDlst.,68, 1915
105
J&J
4'«p, coup., 1885-1901
105
Middletown, Conn.— 3-65, 19(i0
Var. 100
Allegheny Co., 58, cp., 1913.J&J 101
103
MmueapoUs, Minn.-Ss, 1892.J&D
48. Court House, 190*1, reg..JAJ 104
106
78. 1901
J&J
4I28, 1912-15
312S, reumded, 1895, reg.. ..J&J 100
Atlanta, Ga.— Water 7s, 1904. .J&J llo
4s, 1915-17
6s, 1895-6
Mllwaakei>,Wi8.— Water 7a,'02. J&J
J&J 105
Cs, 1914-15
Water 48,1906-7
J&.I 100
J&J 103
4>s8, 1916
Mobile, Ala.— 4-5s, t'ded, 1>)06.J&J
JAJ 100 105
88
Augusta, Me.— 6s, 1905, Fund .J&J 5120 1211s Montgomery, Ala. 6s
110
Augusta, Ga.— 8s, 1905
J.t,!
108
58. new
100 108
Baltimore— Ss. bounty, 1893. IW & ? 107
Nashville, Tena.— tia, 1900
J&J
68, water, 1894
M&N I08I4 109
4n, 1910
68, 1900
123
Q—
Newark— le, 190S
103
A&O
68, West. Md. ER., 1902.... J&J i23'
4is8, 1918.
110
^....
68, 1916
130
M&N
58, 1909
48, 1S20
68, 1910
Var
O—
8i«8, 1928
135
.J&J
78, Aqueduct, 1905
Var
1051s
Bangor, Me.— Water,68, 1905. J&J
122
New Bedford,Ma88.— 68,1909.A&O §126i8 128
E. & N. A. RR. 6s, 1894
3iss,1910
108
J&J
A&0§ go's LOU
Bath, Me.— 6s, 1902
105
Var'
N. Brun8wick,N.J.— 78,water, 1904 115
4isB, 1907
Var ludis
102
J&J
6a. 1906
Belfast, Me.— 6s, railroad aid, '98..
New HaT'n-Park,3 is p.o.20. 50a. J&J 95
108
97%

MissouriAsylum orUniver8ity,1892.J & J
Fund. 68. 1894-95
J&J
Funding 3^, 5-208, 1906-8 ..J&J
Kew Hampshire— 5s,1892
J&J
War loan, 68, 1894
J&J
War loan, 68, 1905
J&J

1916

Klchmond, Va.— 6s, 1914
J&J
104% 8s, 1909
J&J
101%
J&J
58, 1921 & 1922
102 14
48, 192J
111
Rochester, N. f.- 78, Water,1903 ..
F&A
48. 1912
105
F&A
St. Joseph, Mo.— 6s, 1903
111
F&A
Comp'mi8e48,1901
PLLIQ. 1TA»».
Mo.— W68, 1899
Var
St. Loui9,

5b
'olumbus. 0.,4s, 1910
A&O
Corington. Ky.— 48,1927, new. J&J

105
101

Water, 1901

5.%,

Omaha, Neb.— Paving

112
100
116

Funded debt 48, April, 1902. J&J
Columbus, Ga.— 76
Var

90

8s,

Norwich, Ct.— 5a. 1907

Cook Co. 41*8, 1900
West Chicago 5s. 1399
Lincoln Park 78, 1895
South Park 6s, 1899
Cincinnati, O. -7-308, 1902 ...J&J
Var
78, 190S
M&N
68, gold, 1908
48, 1905
Va-

104

1901

Park, 2158, 20-48
Norfolk, Va.-6s, 1911

}-

,

3-658,1902

J&D

M&S U33>«
M&N §125
J&J 5l27
M&S 127
M&S 110
M&N 1121s
M&N 101
A&O 101
M&N 97
Var 118
M&N 1281s

1896
48,1906
31SS. 1904
3s, 1907

,

122
104
139

Maine— New 3s. 18901929....J&D §102
Maryland- 38, gold, 1900
J&J
8-658, 1899
J&J
Massachn8etts-58,gold, 1891. .A&O
J&J
6s, gold, 1894
Bs.gold, 1897
BUnnesota- Ad).

170

:03

99
105

6s, 1900
68, gold,
53, 1908
53, gol<i,

Cambridge,Mas8.-Water68,'96.J&J
J&J
Cltyfls, 1904
Var
Water3is'', 1911
J&J
Cam1en,N. J.— 78.1903
Charleston, 9.C.— Conv.78,'97.A &0 107
Conv. 4s, 1909
J&J 82
Chicago, iU.- 78, 1899,
22Hi
13
68,1895

5

Oonnectic't-New,rg.,3 1«8,1903 J&J 4102
5.100
New, reg. or coup., 38, 1910
Dlst.Col.— Con?.3-658,1924,op.F&A 121

Wash.— Fund.loan(Cong.)68,g..'92

20

58

Cons. 68, 1923, ext. Croasman.J&J
58, 1934
N.Y. City- 78, 1900

A&O
M&S
J&Jj
F&A

Water 5s, 1898-9
Water 4s, 1904
Water 312S, 1905
Water 38, 1916

Bid.

New Orleans, La.— Premium

A&O

33

108

&O
&O
"7s,L.R.P.B.&N.O.,1900.A&O
78,MisB.O. & R.Riv.,1900.A & O
\7b. Ark. Central RR.,1900.A & O
7t,Leveeof 1871,1900....J &J

CiTT Secubities.

Ask.

Br'klyn,N.Y.— Bridge 78, 1924. J&J
J&J
Partes, 1924
J*J
Bridge 58, 1919
J&J
Biidge4s. 1926
J&J
Water 38, 1905
J&J
Buffalo, N.Y.—7a, 1924-5

103H 107

10
J&J 140

Bid.

Birmingham, Ala.— 5 s.. 1920 A&O 5104 108
Boston, Mass.— Water 68,1906. Var «126is 128
Varl§116islll8
Water 58, gold, 1906
Var
Water 4a, 1917
A&O
Water 3i«s, 1917

104 1^
104 14
124
125
114
117
120
122
125

Arkan.— 68, fund., '99. Hollord . J&J
6s,

CiTT Sbchkitibs.

Ask.

M&S

103%

103

el04

I

106

FF

Sbptimbb r aO

THE CHRONICLR

1890.]

,

878

GENERAL QUOTATIONS OF STOCKS AND BONDS—Contimoed.
Por KxplanaUonn «•• Not«« at Hea4 of PIrst Pa^a of Qaotallona.

Raosoad Boinw.

Bid.

Baltimore A Ohlo-Contlnuod)—
M>VS el 13
MtnrMnK. 68, K'> 1902
M&N el21
BtcrlliiK, en.K'. 1910
Bt«rlinK, (in, 1927
JAD tlOft
el06
BturllDK. 4's8, 1033
Kiiii.Tr.Bpr. B,18»l to lOOO-MAN
Bslt.A- O. 8.W— C1ii.Altftlt.7s,l!)00

A&O

New

do
do
do
do
B»lt.* Pot'c— l8t, 68,K.,1911A40

2d
Sd

I8t. 1111111(^1,68. K..)r'd.

99 H

JAJ

^ijn.Kiinr., 19U0
l«t pref. luoome Ss

1911.

ism

JAJ

Beech Creek— l«t,(?'ld,48,1936,JAJ
Belvldere Uel.— lBt,6»,o.,1902.JAIi
Oon8. 48, 19'J7
FAA
Boaton * Albany— 78, 1892. ..FAA
68.

1895

BAn.KOAD BomM.

Bailboad Bowm.

BM.

Cblcago B. A Q.— (Contlnaed)
114
Ss, debenture, 1918
HAM 101 ><
123
Iowa niv. 8. F.58, 1919
AAO 104
Iowa Dlv.. 4b, 1919
107
AAO 95
103
Denver Dlv., 4s, 1922
FAA
4s, plain bonds, 19S1
MAS
Neb. Ext., 4«, 1927
MAN
IOOI9
Plain, 7b, 1896
JAJ
Bonds, 58, 1895
JAD
Convert, deb. ,58, 1P03
HAS
BUT. A Mo. R., I'd H.,7b,'0S.AAO
Bar.AMo.(Neb.),lBt,68,1918.JAJ
Cons, (is, non-ex., 1018
JAJ
4s, (Neb.), 1910
JAJ
Neb. RR, tst,7s, 1896
AAO

Clev. Akron A Col.— l«t,6B.192flJAJ
Gen. M., g., ft«. 1927
MA4
Equip tr. A 2d M.. 10-i0«...FAA
Cleve. AOantcm-lBt, B«. 1917.JAJ
C.C0.48t.L.—O. Dlv., 48, 19a9J*J
Oler.Ool.Clo.A In.— 1 it 7s,'90.

)'08%

Alk.

102%
110

JAJ

Bos.roii.&Mont.- SBeCon.AMont.
Boatou A Lowell— 7a, 1892. ..AAO
6«,
8».

189C
1H99

48,1905-6-7
*>««, 1903
B08ton A Maine—7b, 1893
78, 1894
Improvement 4s, 1 905
Do
48,19^7
Bo«t.

Var.

MAN
JAJ
JAJ
FA .\

FAA
A Providence— 78, 1893.JAJ
JAJ
Lynn— 6s.'97. .JAJ

Brartf.Kld.A

I.

I'a.

Cons. l8t

A col.

tr.,

103

do

AAO
1909. MAS

58.1934.

118

96
93

letes, ser.B, 1916
l8t

Cape

Ch.

tis,

series

Glrard.

96>s

O

j&j

W.oon.6s.l908.VIAa
Oarollna Cent.— lst.68,g., 1 02O. J AJ

1041s
K

90
103

Oatawlssa-Mort., 78, 1900.. ..FAA
03darF.AMin.-lst,78, 1907. JAJ

85>s

Ga.— Ist, cons., 78,'93.J<5iJ
Collat'l trust 58, 1937

Cent, of

MAN

Sav.AWest., lBt,guar.,1929 MA8
Cent, of N. J.— Ist cons. 7s,'99.Q-J
Convert, mort. 78, 1902. ...MAN
Convert, debent. 68, 1908. .MAN

97
106

102 14 103

J.AJ.

8.

107 >«

107

93
90
118

90»a

125

Mortgage

58,

Am. Dk.A Imp.
Central

C0U8

OWo—

1st, 41SS,

MAN

1912

Co.,58,1921.J<tJ
-"^
"
•

MAS

1930

Cent. Pac.-lst, 68, gold, 1895.J.feJ
iBt, 68, gold,
Ist, 68, gold,
iBt, 68, gold,

18U6
JAJ
1897
JAJ
1898
JA.I
B.Joaquin, l8tM.,68,g.l900.AAO

102\

10l»B 110

nils

—

107
103
106

Onarl'te Col.AA.—Cona.,78,'95.J AJ
2d mort., 78, 1910
AAO
Consol., g3ld, 6s, 1933
JAJ

93

110
91
110

Utoh'ld

AAO
6b. 1918
A North.— 1st, 7s, 1907. JAJ

33 >s
Mack.A M.— Ld. gr. 3is8, S. A.
Dub.AS.Clty— lst,2dDiv.,'94.JAJ
DuluthA Iron R.—l8t,58, 1937 AAO 100
Duluth 8. 8h. A Atl.— 58,ig37.JA J
Dunk.A.V.AP.— l8t,7s,g..l900JAD 110
E.Tenn.Va.AGa.— lat,78,1900.JAJ
JifcJ
Divisional. 5s, 1930

115

Consol. 58, g.. 1958
iBt Ext., gold, 5s, 1937
Equip. A imp., g., .58, 1938.

114
105

1910... .M<tt

MAN

1061s

.MAS

30
89

JAD

CinciimatlExt.— 58.,g,1910FAA
Mobile A Birin..l8t, 58,1937.JAJ
Knoxv. AOhlo,l8t,68, 1925. jau
JAJ
Ala. Cent., Ist, 6s, 1918
East. A W. Ry., Ala.-lst, 6s, 1926

113

A Mo.— Ist, 78, '91. FAA

l8t.,8.f., 68,1912

931s 101

lst.68,19l6.JAJ

A St. L.. 58, 1927. AAO
126
Chlc.R.I.A Pac— 68,1917,ooup J,SJ
fUSis
Chicago A Southwestern
Exten. A col. 58, 1934
JAJ lOlie ioi%
93
Chic.St. L.AP.—C0U.5S, 1932. AAO
105
Chic. A Gt. Eaat., Ist, 78, 93-'95
Louisville

Col.A Ind. C, l8t M.,7b, 1904.JAJ

'

Clu.Jack.AMac.-l8t,58,1936. JAD
Cln. l»h. A Nor.— 1st, .5h, 1916JAJ

40
1041s

2s62

'

Price nominal.

}

Oln.ASp.— 7s, CCC.A

t.,

no

119
102
108

1901.AAO 114

78, guar., L.8.A M.S., 1902. .AAl<

laearf.

A

Jeft.-l8t,Cs,1927...J.feJ

Purohaaer also pays accrued intereet

e

In London.

||

»7

1155
91

Coapon

114
117
ott

>s

111

JAJ 108
Ist, con., 1926
Evans.A T.H.,lst oon.,68,1921,JAJ

Mt. Vernon— l8t, 68, g.,l'.l23AAO
Evans. A Rich.— Ist5 g. 1928. MAS
Evansv.T.H.AChl.-lst, 6a, g.l9u0 5106
JAJ ?103
2d, 68, gold, 1900
Fitohbur«-58, 1899-1903 .... Var. J 10.3
'glUD
MAN
58 1908
aao jiosis
el; 1897.;::::::
AAO
[108
78,1894
MAS 100
41S8, 1897

Ex land
General

1

>

95

118
107

118
108 >•

105
105
108

no
109
101

97

105
t

1071a
991s
103 Is vSi"

95
96
74

80

110%

iim

77
102

99

78
23
103 If

95

96%

51161s
J112

117%

l.g., goUi.not guar. AAO
grant, 1 st 78, '99. . ... . .^ {107
.

58, 192-1

......MAS

Muskeg.m Dlv. fa, 1926.. .J.U. eioj" 108
90
1911
,}r. Bay Win. A St.P.- Ist. 68.
84
2d, incomes, 1911, 2d aub. pd ...
dan. A St. Jo.- Con. 69, 1911. .MAS
Kan. C. « Cam., 10a, ls92 JAJ

113

.

Harrtsb'g F.,Ae.,l8t.,4a,1913.JAJ
t

80

Evana.AInd.- l8t,guar.,g.,68,1924

iBt M.',78,

103

AChlc— 1st. 78, '95. JAJ
!Cln. Rich. A F. W.— l8t,7B,1921 JAl
Cln. Rich.

Clev.— Us, 1900. .FAA
Mom 101% ICann.Sand.A
Consol. mort., 5s, 1928
J.AJ

102
124

35i«

101%

120

AAO
Erie A Pitts.— Con. M., 7b, '98.J AJ
AAO
Equipment, 78,1900..
58,

do

105>i

"s'aia

68,1910.JA.i

ElmlraAW'mspt— 1st

,

MlBS.Rlv.Brldge,

108%

110

ELizab.Lex.A Big S.— 6a. 1902.M.ta

'.

Chlo.A Atlantic— l8t,6s,1920.MAN
85
2d. 68, 1923
FAA 29
Clilc. Burl.A Nor.- 5b, 1926..AAO 104
2d. fs, 1918
JAD
Debent. 6e, 1896
JAD 102
Eciulpmeut 7s. 1903
FAA 5101
(Hile. B.AQ.— Cons.. 78, 1903.. JAJ 123
Bs. sinking fund, 1901
AAOl 105

84
100
118
118

Eastem,Ma8S.— 6s, g.,1906. .MA-- 123>s 124
115
Easton A Aml.oy-M.,5s.l920MAN

116 120
2d M.78,1904.MAN 114
Un.A Logansp..l8t,78, 1905.AAO1? 116
110
Chartiers- Ist, 78, 1901
Chi.St.P.AK: C.-Pr'ty 58,1931..! AJ 10Ji«
AAO
Ohes.AOhlo.- Pur.money fd.,6s '98
85
JAjle 83
l8t, g, 5s, 1936
Series A, 6s, 1908
86
Mlnn.AN.W.lst, 68.1931. .JAJ. I« 83
116>4
AAO
Mortgage tis, 1911
A*i>
4s, 1907
(Jhic.St.P.Min.AOm.- Con. 68, 19301
1181a
116
AAO
C.AO. Ry, lst5s, 1939
Bost.H.T. A West., deb. 68, 1913.
MAN 99>a luO>s Ch.St.P.A Minn. l8t,68,1913MAN 122
1st Consol. R. A A.2-4.1989. JAJ
Flint A P. Marq.— M. 68, 1920. AAO
St. PaulAS.Clty, l8t68,1919.AAOl 122i«
67»«
MAN
l8t, con., gold, 5s. 1939
Chic.AW.lnd.^.fd. 6s,1919MANi
•*"
48, 1989... JAJ
79
,
o.. ;?"
2d Coneol. K. A A. 3-4. 1989. JAJ
Port Huron Div. 5s, 19.>9
Generalmort., 6a, 1932 ....Q— M
73
JAJ
lBt,g.,5a,lyl3
Pen.A
Otie«. O. A 8.W.-M.68, 1911. .FAA
91»»
92
Fla.
C
1091s Chi. AW. Mich.-Qen.5a, 1921.JAD 5
2d mort., 68, 1911
95
Ft. Worth A Denv. U.— Ist, 6s, 1921
Cin. Oeorg. A Ports.- 68, 1901 AAO
80
FAA
1910.
l8t,68,g.
Gal.Har.&SanAnt.—
107
Cheshire— 6s, 1896-98
14
JAJ 108 108 >4 Cln. Ham. A Day.—Consol. 58AA.O
J*D
2d mort.. 78, 1905
48.1910
Consol. 8. F.,,78, 1905
AAO 125 Is
102
j&j
West. Div. Ist, 58, 1931.... MAN
Chlo. A Alton— lstM.,7B, '93. JAJ 10 J
AAO
1161s
Consol. mort., 68, 1905
105 >s
97i4;lGal.Hou8.AHen.— l8t,58,1913AAO
Sterling mort., 6s, g., 1903.. JAJ «117
2d mort., gold, 4ia8. 1937. JAJ
120
"
JAJ
Georgia— 6s, 1910
Sinking fund, 6s, g., 1903... MAN 1211*
I2014
Oin. H. A L, 1st M., 7s, 1903.JAJ
Georgia Pacific- iBt, 68. 1922. J.tJ
100
liOuiB'aA Mo.R.,l8t,78,1900FAA
US C.LSt. L. AC— 1st g. 48, 1936,Cl—
..AAO
1923.
mort.,
58,
2d
g
Con.
do
Con. 6a. 1920
2d, 78. 1900 MAN
Con. Income, 5a, g., 1923 . 4A(J
Bt,L.Jaok8'v.AC.. l8t,78,'94.AAO
Cln.AIndlanap., lst.,7B, •92.JAD
Ga.Carol.ASo.—lst,58.g.. 1929. JAJ
do lstguar.(564).7s,'94AAO
JA.)
2d M.. 78, 1892
JAJ
do 2d M. (360), 78, '98. .JAJ
1141s Oa. 80. A Fla.-l8t«8, g, 1927.
Indlanap. C. AL., 78, 1897. .FAA
(i^r.Rap. A Ind.— Ist, l.g., ffd, 7», g.
do 2d guar. (188) 78,'98.JAJ
Cnn.Laf.AC— lat,78,g.l901.M,SU9
108
llS^s

*115
108

Gr.Rap.L.A D., l8t,5a,1927.MA8

lat, 78.

CAW.,

84
52
80

Det.

1911. AAO
Menominee Ext.,l8t,78,1911JAD
Northwest.Un., l8t,79, 1917. MASChie. ATomah.— let,68,'05.MAN elll

Madlaon Ext.,

Det. L.

130

1909. .MAt

84%

JAD

48,1905. J A.

Con.M., guar.
loa

96
110

Frem. Elk. A Mo.V.— 68,1933AAO
do
do
lTn9tampe.d..
ChicPeo.A St. L.— 1st 58,1928. .MAS

Ill's

110
109

A St. P., 59,

Ills., 1st, 58,

MAN

1900
1928

Det.B.C A Alp..l8t,68.1913. JAJ
Det.G.HavenAMU.— Equip.6s,191S- 8115

1929

WlnonaASt.Pet.— 2d78,1907MAN
1st exteaslon, 7g., 1916. ...JAD
Mil. A Mad., 1st, 6S; 1905. .M.A8

—

.

i'di

FAA15
Exten. bds. 48, 1926
Escan.AL.8up., Ist, 68, 1901.J<fcJ
Des M.AMian's,l8t.78,1907.FAA
Iowa Mid., lat M., 8s, 1900. AAO
Peninsula, 1st, oouv.,78,'98.MA8
Cailc. A Mil., Ist M., 7s, '98. .JAJ

Ott. C. F.

90

1051s 106
103 IIO314

iBt mort., guar., 21sb, 1905 JAJ
Ist M., on Ext. .guar. 48, 1905JAJ

iBtmort., 7s, 1916
MAN
2d mort., 78, 1909, guar.. .JAD
S. C.A Pac, let, Os, 1898. .JAJ

109ifl

AAO

West. Pacif., 1st, 68, g., '99.. JAJ
Central of 80. Car. Ist e8,1921.J,U
Charles. Cin. A C.l8tg.5s,1947.Q-J

do
25-yr8.

84
88

.

g., 5b,

DesM. A F.D.—Guar.

Uo'

AAO 116%
AAO Kin
debent., 58,1933.MAN 110
deb. 5s, 1909
MAN 1051s
OS,

Oedar R.
100

113
110
t,al.AOr.— SerlesA,5g.,1918.JAJ t...
Scrie8B.,6s, *. '92
J&j 101
l^nd grant M., 68, g., 1890. AAO «104
Mort., gold, 58, 1939....

do

,

lat 78, gold,

Impr.,

Sinking fund, 6b, 1929

North.

G«a. mort., 5s, 1987
llOJj
JAJ
I-eh.A Wil.— f k)n. 78,g.,1900,a88.Q 113ialll4i«

I00i«

A No. Pac. con. 5g.l940.AAO

CShio.A Nortliw.— Con.7s,1915.W—
Consol., gold, 78, op., 1902. .JAD

A

106

Div., Ist, 68, 1920. JAJ

Fargo ASouth.- 6s.a88.1924.JAJ
Inc. conv. S. F. 5b, 1916
JA.I
Dak. A Gt. 80. 58, 1916
JAJ 100
Gen. g. 4s. ser. A., 1989
JAJ

M. (guar. C. P.), 6s, 1905. JAJ 107
60
38' 1905.J<feJ
?"
^?
r^
.
0«mden
A^ Atl.-l8t,78,
g.,'93..JAJ
Consol. 68, 1911
JAJ
Burl. Co.. 68, 1897.FAA
Canada So.— Ist 58, guar.,1908,J<StJ
2d mort., 58, 1913
MAS
CJape F. A Yad.V.,l8t,6s,8er.A,l916

JAJ

1914

5s, g.,

Dubuque

Wis. Val. Dlv., 1st, 68, 1920. JAJ

8(1

Carailen

A Mo. Riv. 5b, 1926. ...JAJ
Mineral Ft. Dlv., 5s, 1910.. .JAJ
Chlo. A L. Sup. Ulv., 58, 1921JAJ
Terminal

AAO

OonBOl, mort., 6a, 1893

—

CMC. A Pac. Div. 68, 1910 ...JAJ
do West Dlv., 58,1921. JAJ

Wis. AMinn. Div., 5e. 1921. ..JAJ

Iowa C. A W., 1st, 78,
Kap.LF.A N.,l8t,68,1920.AAO
l8t, 5s, 1921. ...AAO
_ „. do
"^i'^r- P?0--l8t M.,4i«8,1912 JAJ 101
2(1 M.. 68, g.,end C. Pac, '91.JAJ 100

78

Impioveinent 6a, 1911
JAJ 109 112
Conn. cftPaasiimp.— M.,7a,'93.AAO I0.')i«'l06
Connecting (Phila.)— lat, 68 ..MA8| 118
122
IConaol.KR.of Vt., lBt,5a, 1913.JAJ,5 SHH 88>*
70
80
114
Cov. A Maoon-lat6g.l915..MAS
108>*
->• 1021s Dayton A Mich.— Con. 58,1911 .JAJ 5103
Dayton A Union— lat, 7a, 190itJAD 5125
113>s
120
Dayt. A West.- l8tM.,6s, 1905.J.kJ ill2 iii"
1281*
102 104
JAJ
1st mort., 78, 1905
114
Delaware Mort. 6s, guar.,'95 JiSrJ
1051*
Del.ABound B'k— l8t,7s,1905FAA 130
102
101
Del. A llud.— Ist.reg. 78, 1891 JAJ 101
MAN 104
Ist. Exten., 78.1891
1031s
101
AAO 113
Coupon 78, 1H94
143 149>S
102
Ist. M.. Pa.Dlv.,7s, 191....7MA8
, 104
Del. Lack. A Western.—
110% 111
JAIJ
Convert. 78, 1892
106 107
MAC
Mort. 78, 1907
Den. City Cable lat 6b, 1908. .JAJ 100
82% 83
100
Den. A R. G iBt con. 48, 1936.JAJ

JAJ

1910

103 >«
110

125
125

Chlo.

Miun.ASt.ul8t78,s'd,19i7.J&I)
O.

58,

108
12a

Concord

U9"

A Dak.Ex.lst,78, 1910.J,&J

Hast.
971s

117
117
100
93
90

A Montreal—
Bo«.Conc.A Mim.— Oona.7e,1893

125
114

JAJ
1899. JAJ

A Dak., Ist M., 7s,
Chlo. A MIL, 1st M.,7b, 1903.JiJU
Consol., 78, 1905
JifeJ
Ist M., I. A D. Ext., 7b, 1908JAJ
Ist M.,68, S'thwost Dlv.l909J(kJ
Ist M., 5s. La C. A Dav.l919JAJ
80. Minn. Ist 68, 1910
JAJ

A K.— Ist.Bs, 1932
Cuba— lat.6e,1932JAJ

Brooklyn Ele.— Ist, 68, 1924. .A.tO
2(1 iiiortg, 5s. 1915
J,Sa
Union Kl.— lat, 68, 1937. ...MAN
Bnin.sw. A W.— l8t.4s. g ,1938.JAJ
Ball. Brad.A P.— Oen.M.7e,'96.JAJ
Bntr.N.Y.AErle— l8t,78, 1916.JAD
Buff.Roch. A Pittsli.— Qen.58, 1937
Bocli. A P., I8t, 69, 1921. ...FAA
Consol., l8t 88, 1922
J&D
Bafl.A eoutbwest.—68. 1908..J.,sa
Barl. C. R. A N.— lat.5s,1906.JAD

121

114

IM

i'l'i*

89
Col.A C.MId.— lat, 4118, 1939. .JAJ
f<3
Colum. Hook.V.AT.-Con.58,193l
Gen. 68 gold, 1904
JAD 87
Col.AHook.V.— l8tM.,78,'97.AAO tlOS
do
2d M., 7b, 1892. JA.I slOO
Ool. A Toledo— l8t 78.1905 FAA 113
do
2d mort., 1900. mas; 100
OWoAW.Va.,l8t,s.f.,7a,ll.iOM*N 113
Col. Shaw. A Hk.-lat 5»,1940 J.kJ
Col.Sprlnef.AC- l8t.78,19ai.M.k« i.
(;ol. A Weatrrn, Ist, 6b,191UAJ

106
116
122

A St. Paul—

AM., IstM., 78, 1897

A

72
ConKol. gold, 48
1940
Columbia A (»r.— lat, 6a, 191 6. JAJ 10»
2d mort., 6a. 1923
AAO 87%

Om. A S. W., Ist, 88, 1806.JAD
Grand Tr., Ist, 8b. '90. ..AAO
Ott. Osw. A Fox R., 88, 1900. JAJ
Atoh'n A Neb.— Ist, 78. 1908 MAR

M.ASt.P.l8t, 88, P.O., 1898. FAA
P. D.,2d M., 7 3-108,1898. .FAA
K.D., Ist, $, gold, 78, 1902 ..JAJ
La. C, IstM.. 78,1893
J<feJ

i?»
el27

4th Mort., 68,1892
JAJ
Colorado Mid.— lat, 08, 1936.. JAD 106

lU.

Chic. Mil.

1918
Bost. Revere A
Bradford Bord.
48,

A

A

97

95

MAN

OonJiOl. mort., 7*. 1914
JAI)
Oonii. 8. F., 7«. 1914
JAJ
Oen. ODD. 68, 1934
JAJ
Belief.
In(l. M., 78, 1899.. .JA.I
aeve.
Mab.Val.-G. 6b. 1A8i4JAJ
Cle.
Pitts-Con a f .7s,190OMAN

Repub. Vul.. l8t, «s, 1919. ..JAJ 105
Chic. A East 111.— l8t mort. 68, 1907
Ist, con., 6s, gold, 1934 .... AAO 120
Gen. eon., Ist, 5a, 1937
MAN »H
97
Ch.AI. Cc)alR'y,l8t58,193tf.. JAJ
Ohio. A Or. Tniiik-lst, 68., 1900-. 105

JAJ
JAJ

99l«

In Ajnaterdam.

J

In FranUort.

104

US

OJ

-

JJ

THE CHRONICLR

374

[7ou

II.

aE.^BRA.L QUOTATIOXS OF STOOKS AXD BON^DS— Oosri.vnBD.
For Bxplanatlons See Note* at Head or PIrat Pa<;e or tlaotatlon«.
Bailroad Bonds.

Bailroad Bomds.

Ask.

Bid.

& Conn. We«t.— 58,1903. J&J

i

99

106

do

103

123
Halion. Coal RR.l8t,5e,1934.J&J 107
iBliIgli Val.— 1st, 68, 1898.... J&D 115
Con.M.,8teiling, 6,f.,1897...J&D el06
Sd mort.,78, lylO.
M&i:
Con. M., 68, g..l923reg
J&D
IiCli.V.Ey,l6t 4ia< g., l»40,reo.gn. 104
lltclif Car & West, 1 st g. 6s. 1 6 J & J
.

i.

'

Miami— Renewal

58,1912. .M&N
Ft.S.— 1st, 78, 1 905. .J&J

EocK &
UttleR.& Mem.-lst.58,1937.M&8
lionglsiand— l8tM..78,1898.M&N

tt.

3
5

to
72

iBt consol. 5s, 1931
Q— 113
Gen. M. 4s, 1938
JiD
N.Y.&R'yB'cb,lstg.?8,1927.M&B
2d mort. inc., 1927
8
H.Y.& Man. Beacb. l8t78,'97,J&J
N. Y. B. & M. B., Ist con. 5s. 1935
Brook. & Mon., Ist 68, 1911. M&S 112
let 58,1911
M&8
2d, 58, 1938
J&D 105
Smltb.& Pt.Jeff.,l8t.7»,1901M&8 107
Li.I.

aty&Flu.

1st 68,1!)]

l.M&N

108
133
135
105
98
99I4

75
121
94

68, g. 1893... .A&O
Mobile* O.— 1st, g'd, 6a, 1927. J&L)
1st Extension 6s, 1927
Gen mort.. 48, 1938
..
8t.L.& Cairo— 48, guar.. 1931 .J&J

Q—

Mont.

& Eufaula,

1909. J&J
Morg'n's La.&Tex.,l8t,6s,1920J& J
Ist mort., 78,

1st

A&O

1918

General mort.,

3
18

99

107i«

68,

&

97
761$

New River 1st 6s, 1932
A&O
Impr. A Exten., 6s. 1934.. ..F&A

117
115

Adjustment
Equipment,

ioih 103

Debenture

lOJ
iia

Norf'lt&Peter8b.,2d,88, '93. J&J

Jfel>

1905

do
extended 5.s,1900.J&J
ICO-yearmort. 58, 1990
J&J
North, fac. Coast Ist 6a
M&N
North Penn.—lst,78, 1896
M&N
Gen. mort., 78,1903
J&J
Debenture 68, 1905
M&S
Northeast.,8.C.— 1st M.,88,'99,M&S
2diuort..8s. 1899
M&.=
Coneol. gold. 68, 1933
.J&J
Northern, Cal.— 1st, 68, 1907. .J&J
Conaol. 5s, 1938
A&O
Northern Cent.— 4ii8, 1925. .A&O
2d mort., 68, 1900
A&O
Con. mort., 6s, g., coup., 1900. J&J
Mort. bds., 5s, 1926, eeriesA J&J
do
eeries B
Cons. M. 68., 1904
J&J
Con. mort, stg. 68, g., 1904. ..J&J

1(2
106

90
50

bO
88
55

95
94

UnlonRR.— l8t,

7314

(

Slij
701s
llOia

95
102
102
102
122

HI

63'(,

77
iioifl

;i26

lOlia

-

.

103
115i«

127

1211*
120

121
107
115

l'.iO

105

HI
1(;0

116ia
116i«
109

110
117
«107

109
10»

116

i

113
109ia

901*

89
106

109
100
107

I

lOt

107

Coeurd'Al.,lst,g., 68, 1916.M&S
do Gen. Ist g, 68, 1938... A&O

116

63%

95%

8,end.Cant.,'95

Northern Pac— Gen. ,68. 1921.J&J
Gen. land gr., 2d. 68, 1933. ..A&O
Gen. land gr., 3d, 68. 1937.. .J* D
L. G. con., g. 58, 1989
J&D
Dividend scrip ext. 6s, It 07. J&J
93i«
PenD'OreiiIeDlv.,6s,1919..M&a
Mo. Div. 68. 1919
M&N
James Riv. Val.— 1 8t,g.,6s.'36J& J
98
Spokane & Pal.,lat 6a, 1936.M&N
Helena&EedMt.l8t,6^,1937AI&S
Dul. & Man.. 1st, 6fl, 1936... J&J
Dak. Ext., let. s.f. 6s, 1937. J&D
No.Pac.& Men., let,Cs, 1938. M&S

45H 47
80
68

1091a
10714
t

M&S

Va.A Tenn., 4th M.,8s, 1900.J&J

1081a 111
103

92
77 H

6s,

115

Q.— M.

So. Side, Va.. ext. 5-68
1900
do
2d M.,ext. 5-68 ...1900
do
3d M.. 6s, '96-1 900. J&,I

98
80

ilO

1924
1908

Clinch V. D., 1st 5a, 1957.... M&S

ioo"

104
109

7s,
Ss,

100
80
1151a
20

10
Newb'g Dutch.A Conn.— Tncs.1977
Norf. & West.— Gen., 68, 1931. .MAN 121

Norw'hAWor.- l8tM..68.'97..M*S

129

Ogd.AL.Cham.-Cons.68,1920.A&0 §103
Income, 68, 1920
5 19

115,

Ohio L

145

A&O 12514
J&D 136
g., '93. FAA 6105
F&A 5105

A W.— Ist pfd. 58,1938. -CJ-J

AW.— Ist, pt., 78,1900..
Ohio & Miss.— Con8.,8.fd.78,'98 J&J
Cons, mort., 78, 1898
J&J
Ind. Bl.

Consol. mort., '78,
138 "a
I/Ou'v.Ev.&8t.U-l8t.68.l926.A&r) 108
108 V. Nashua* Lowell— 68,
106
E. R. & E. Div., l»t, 68,1921.J& J 5104 10413
107
2d consol. mort., 7s, 1911. ..A&O
58,1900
2d mort., 2-6s, g.. 1936 ..
78
80
129
Ist.Springf. Dlv.,7e, 1905.. M&N
Nash.Chat.&S.L.- l8t,7a,1913.JAJ 128
H. T. C. & C. 1 61 6s,g., 1927. A&
100
Ist gen 5s, 1932
J&D
2d mort., 6s, 1901
J&J
Consol. 5s, 1939
88
J&j 86
10 9 la Ohio River RR.— Ist. 5s, 1936. J&D
Consolidated gold 68. 1928. A&O
loulsv. &Na8liv.— Cons. lst,78.'9S IISH 116
Gen. gold, 5s, 1937
New Haven & erby — Con. 58,19 IH Sl03ia 105
A&O
gecilian Br., 78, 1907
107
M&8
Ohio Southern— Ist 68, 1921. ..J&D
New Haven & N 1 st 78,1899. J* 121'i
M. O. & Mobile. 1st 68, 1930. J&J 115
M&.V
Gen. M. 4S, 1921
Consol. 68,1909
A&O 122 124
do
2i1, 68, 1930... J&J
1121, N. J. Junction, Ist, 4s, 1986. .F,kA
Ohio Valley- Gon.M.,5 g.,193t.J& J
E. H. & N., let 68, 1919
113i« N.J. &N.Y. — 1st, 68, 19 10.- -M&N 100
J&D
F&A
Old Colony— 68, 1897
Sen 1 mort., 6s, 1930
115
J&D
J&D
N. J. Southern— Ist, 6a, 1899. .J&J
68, 1895
I«u'T.C.&Lex.— lst,78,'97 ..J&J
M&S
1121a N. O. & Gulf.— Ist, 6», 1926. .M&N e 80
85
78, 1894
2d mort., 78, 1907
VJ2
A&O
4138,1904
A&O
N. O. & Northeast.— Prior 1.68.1915
Mem.& 0.,8tl., M.,78, g.,1901 J&D
122
4198,1897
J&D
N.Y & Can.-£M.,68,g.,1904.M&N el 15 117
M.&Clarksv..st'g,68,g.,1902 F&A
114
N.Y.C.& Hud.Riv.— Exl'dSs- M&N 102 102 \.
4s, 1938
J&J
Penaacola Div.,l8t,08,l<J20..M&S
llOij
Ist coup. 78, 1903
B. C. F. & N. B., 5s, 1910 ..J&J
J&J
1261a 1271s
Bt. Louis Div.. 1st, 6s, 1921.. M&S
Debenture 5s, 1h84 1904. ..MAS
N. Bedford RK., 78, 1894 ..J&J
do
2d., 38„ 1980. M&S
_
Omaha&St. L.— Ist, 4s, 1937. .J&J
do
58, 1889 1904. ..M&S
Brash. &Dec., 1st 78, 1900. ..j&j
19
102
do
Orange Belt— IstM., 5a, 1907.. J&J
48, 1&90-1905 .. J&D
Bo.i»No.Ala.,8. F. 68,1903M&N
113
122
Oreg.&Cal.— Ist58, 1927
J&J el02
Sterlingmort., 6a, g., 1903---J&J el20
Ten-forty 68. 1924
M&jy
9314 Oreg. R'y &Nav.— I8t68, lij09.J&J
N.Y.Chlc.&St.L.— lst,4«,1937.A&0
92
60-year gold, 5e, 1937
M&JJ
i'cg'
J&U
N. Y. & Greenw'd L.- Ist M. inc. 68
Cuusid. luort. 58, l»2.i
32
37
Penea. & Atl.— l8t,()s,gu,'21.F&A
106
M&-S § 95
2d mortgage income, 6s
Ooilateral trutt 8, 1919
14
8
Col. tr., gold, 58, 19.^1
M&N
lOj
N. Y.&Harlem— 78,coup. 1900.M&N 123
Oregou&Tiauacont.- 68,1»22M&N li 61
B. &N. Al. 8. 1. t;g, 1910. ...A40
N.Y. Lacl!.& W.— Ist, 68, 1921-J&J §
Oaw.&Rome— IslM., 7s, 1915.M&N 124
130
B.&N. Al. Coiif ol is. 1936. .F&A
2nd, 5s, guar., 1923
Ox.&Clam.— :6t, p.&l.gu. Bs.M&.N IO41
FAA
Naeb.F.&S.let>;d K.5s,li'37.F&A 101
lOllj N. Y. Lake Erie & Western1st Interest KUar., ts 1937. .MjiN lt2i
li'sv.N.A.&Cblc- lst,bs,1910. J&J 110 111
IstM., ext. 78, 1807
Panama— Sterl'gM., 78. g. '97.A&<.) ell 6
120
MAN
Con. Tcori. 6e, 1916
A&O 1C2 102i« 2d mort. extended,58,1919.M&8 1151s 117'a Subsidy bonds, 6p, ldlo....MjiN el04
Ind'ap. Div., tjs gold, 19 11.. F&A 103
loo
3d M. extended, 4ia8, 1923.. M&S
Penn.RH.—Gen.M.6s,cp., 1910. J&J
IiO'l8T.N.O.&Tex.-lst,48,1934M&8
4th M., extended, 5s, 1920.. A&O
119
Cons. M., 68,Ci>.,'05.J. 15&D. 15 118
2d mort., inc.,5s, l! 34
112
M&8 40
5th M., extended, 48, 1928. J&D
Collateral trust, 4ias, 1913.-J&1) ellO
1031a
I.oul8.6t.L.&T.— 1 st 6s,g.l917.F& A ICOl* 100%
M&S| 111
Islcons. M., 78, g., 1920
Consol. 5s, op., 1919
M&S
133
J40iil»v.So.— Ist hs.g. :m17.. .M.&S.
105
85
ell 3
87
1st cons, fundcoup., 78, 1920 M&S
F
Equip.
Tr. 4s, series A
li''"
Exters! n. «». ..;&j
P3>« 85
RcoiKanizat'n Ist lieu. 6s, 1908
Penn. Co., 68, coup., 1907..>j.— j' 106 107
ifev.' Prlc«s nominal,
iPorcliaser also pays accrued luterost, e In London. UOoupon oft.
In AmBterdam. ;la Fraoklort G ©r
.

1

,

.

,

.

f

''»

107%
|110

Cent.Waeh'n, Ist g.69.1938.M&S
Consol. mort., Os, 1939
J&D
North. Pac Ter. Co. -l8t,68.'33.J&J
.V. W. Nor. Car. Ist Cs, 1938--A&0

101 1»

1901
1915

7s,

381*
6

1933
A&O
Boston 7b, 1899. J&J
N.Y.S.AW.-lst refnd.,58,1937.J&J
2dmort., 4148. 1937
F&A
Gen. m. 6s. g, 1940
F&A
Midl'd of N. J.-l8t,68,1910.A&O

Income

N. Y.. Prov.

(is.

Morris & Essex— Ist, 78, 1914 M&N
2d mort, 7e, 1891
F&A
Conv. bonds, 78, 1900
J&J

106
104
108

,

,

M&S

96
ll«ii

Deferred lut. Warrants
Equip. Trust., 58,1908
M&N
N.Y. PhU. A Nor.— 1st, 1923 ..J&J

103

3d mortgage, 78,1006
M&N 113
Trust gold, fs, 1917
M&S 921a
Col. trust, ."is, 1920
F&A
Lexintrti nDiv., 5, 1920
FAA
Pac.of Mo.,l6tex.g.4B.1938.F&A
2d 7s, 1891
J&J
Ver'8Vy.Inil.&W.l8t5s.!92CM&S 101
Leroy & C. Val., l8t,5s,ltf26.JAJ

Car. Br., Ist

110
62
IIOI4

F&A

2d m.,6s, 1902

1

cons., op., 2d,76, 11103..J&Ij

92

1001*
£d68 (scaled- 5p.c.tiir92)-F&A
101l£ N.Y.Pa. A O.-PrlorUen, 68, 1895..
126
do
Ist 7s. 1905
2d mort. inc., 58. 1910
mort.
inc.,
3d
58, lOl.'i

C—

Consoliddt'd 68,1920. frreo. J&D
Consolidated 58,1920T'-.reo.JAD
Mo. Pac— Consol. 68, 1920. ..M&N

1201a

g., 6s.

N. Y. * N. Ene.— l8t, 7s, 1905. J&.I
1st M., 68, 1905
J&,1

itis"

I

XiakeSlioie,cons.,cp.,l8t,7s.J&J

con.

New 2d oons.es,

107

.

.

1071*

1935 ..A&O
1969
J&D 102
Collateral Tr. 68.1922
M&N
Funded couDon 58, 1969
J&D 90
Gold income bonds, 68, 197"?
N.Y. &L. Br'cli— Ut, 5s, 1931-J&D
N. Y. N. H. & H.lst r. 48,1903.J&D
N.Y. & Northern
l8tg. 58,1927
A&O 105
•2d gold -Is. 1927
N.Y.Ont.& W.— 1st. g., 6s, 19 14M&S
Consol. 5s, g., 1939
J&D
do

..-.

Ask.

Bid.

N.Y. Lake Erie & West.— (C'.nt'd.)
Long Dock mort.,78, 1893. .J&D
811a

5

,

,

Bailroad Bonds.

Ash.

Bid.

Manhat. El., consol. 4s, 1990. A&O
A&O
Bond, scrip, 4s
105
Housatonio— Cons. 58, 1937. MiN
M"tTop'n El.— 1st, 68, 1908.. J&.I
73
Ho'st.E.&W. Tex.— l8t.78.'98.M&N
M&N
18!-9
2d6a,
IH
IISM)
rec..l891
H.ATex.Cen— l8t7s,Tr.
N. Y.Elevated.— 1st. 7s, 1906.J&J
West.Div., l8t, 7e.Tr.rec.'91.I&J
MaineCent.— Mort. 78, 1898. ..J&J
Waco&N.W.,lBt,78,g.,1901.J&J 105
Exten. bonds, 68, g., 1900... A&O
1221a
2d main 8b, 1913, Tr....rec.A&0
A&O
80
72
Cons. 7s, 1912
Gen. mort. 68, 1925,Tr. rec.AiO
Anarosc,og.& Ken., 6s, 1890-91.
Hunt. & Br. Top— let, 78, '90.. A&O 103
6s,
104
Farm'gt'n,
1896.J&J
&
Leeds
A&O
103
Cions, 3d M. 58, 1895
106%
Portl. & K.,Con8. M., 68, 'H5.A&0
Illinois Cen.— l8t,gold,4s,1951.J&J
Debenture, 68, 10-20s. 1905. F&A
93
Gold, 3he, 1951
J&J
Maric.& Plicenlx-l st 68.1 919.M&N
A&O 101
Col. tr.. gold, 48,1952
113
Mar'ta&N.Ga.-l8t,68,g.,l911.J&.!
1898.
-J&J
110
SprlnglleM D1V..68,
118
J&J
Consol., 6 g 1937
Kiddle Div. Ten. 58, 1921. .. F&A
108
Marq'tte Ho.& O.— Mar.&0.,88. '9:
Sterling, 8. F.. 58, g., 1903. .A&O elt'6
M&S
BterlinK,gen.M.,6s,g.,1895.A&Oel08 110
68,1908
J&l^
J&D ellO 112
Bterling, 5s. 1905
68, 1923 (extension)
Chle.St.&N.O.— r.l'n,78,'97.M&N
68, 1925 (Mara & West.). A&O
lst,78,
Chari.—
191.5.J&J
let con. 7s. 1897
Memph.&
J&D
2d mort, 7s, extended, 1915.J&J
2d, 68, 1907
J&J
J&D 115 120
1st oonsol. 78, 1915
68, 1951, gold
Mem. Div.. Ist 4s, g., 1951 J&D
Ist. cons. Tenn. lien, 7s, 1915 J&J
J&J
Ind. D. & W.— Gold, 58,1947... A&O
Gold, 6s, 1924
30
2d m. inc. 58, 1948
M&N
J&J
2d 68, 1899
ICO
Ind. Deo.&8p.— let,78,1906.A&0 x
Mexican Cent.- Prior.58,1939.J&J
Ind'polls& St.L- lst,78,1919.Var. §115
JA.)
Consol. 4s, 1911
.July
lud'apolis&Vln.- l8t,7s,1908.F&A 118
l8tcon. inc. 38, 1939
2d mort.. 68, g., guar., 1900.M&N 105
Juh
2d con. Inc. 3s, 1939
115
Int.&Qt.Nortli.— l8t.68.1919.M&N
Old Ist mort. 7s, 1911
J&J
2d coup. 68, 1909, Trust rec-M&S
83
Mexican Nat.— 1st, 68, 1927. .J&D
lowaCtnt- l8t g., 5s, 1938. J&D 83>« 85
2d M.,Ser. A.lnc.,6s,1917...M&S
raFalls & 8.
l8t,7s,l917.A&0 5126 liS
2d M.. Ser. B.ino.,6s,1917.. April
Jack.T. & Key W..1 st 6 g.,1914.J&J
.Miob.Cen.- Consol., 78, 1902.M&H
Jefferson— 1 81 5e, g. Krie,)9o».AAO
iof
Consol. 58, 1902
M&>
Jeff.Mad.&Iud.— l8t,78,1906.A&0 §i:4>fl
M&e
68.1909
2d mort., 7s. 1910
M&f58, coup., 1931
J&J 120
Kanaw. &Mlph., Ist4 g.,1990.J&J 70
72
Mortgage •(8,1940
J&J
Kansas C. Bdr, 1st. 6s, 191K..J<feJ }114 U6H
J.L.&8ag.Con8.l8tM,88,'91.M&.S
Kan. C. Bridge & Term., Ist M.J&J
!0t
do
e«,1891
M&S
Kan. O.Clinton & 8pr.— lst,5s,iy2S 5100 HiO\
JoUet & N.Ind.,lst,78 (guar,M.C.)
Pleas, Hill &De8oto, Ist. 78. 1907 §115
liO
Det. & B. C, Ist Ms, IH 2 ..M&N
K.C.F.8c.&Mem.-lst.68,1928.M&N'5ll3 114
Air Line, IstM., 8s. 1890.. .M&N
K.C.AM Ev & Br.UtS g,19!;9.A&o!5llJ2% 103 1, Midd. Un. &Wat.Gap— lBt,5s,1911
CurreutEiver, 1ft. 58 1927. A>k0 «!01
102
2d 58, guar. N. Y. 8. & W., 1896
K.C.Ft.Scott& Q.— l8t,7s.l90S J&D 5118
117
Mil. Lake 8h.&W.-68, 1921.. M&N
Kan.C.M.&B.- Ist, 58, 1927.M&.'i 5 97is 98
Conv. deb. 58, 1907
F&A
Bir., equip., 6 g gu.. 1 903.
M&S ilt23i 1031s Ext. &I1MP. 8. f g. 58, 929. .F&A
K.C.8t.Jos.&C.B.— M.78,1907. J&J 5119
12u
Micb. Div., Ist, 6s, 1924
J&J
Nodaway Val.. 1st, 7s, 1920. J&D 510s 110
Ashland Div., 1st 6s, 1925.. M&8
Kan.C.Wy.&N.W.-l8t5s.l933.J&J « 75
65
Incomes, 6a. 1911
M&N
Ken. Cent. Ry.— Gold 4s, 1987.J&J
81
St. P.E. &Gr. ir'k, l8t,guar., 68.
Kentucky Un. 1st M.,58.192K.JiJ
Mil. & No.— l8t, 68,1910..
J&L)
Keokuk&DesM.— l8t.5s,1923.A&0
103
l8t, consol. 68, 1913
J&L
KlngsCo.El.-Sr. A., £8,1925.. J&J
100
Minn'p. & St.L.- 1st, 78. 1927- J&D
2d niort ."8. 19S8
A&O
IstM , Iowa City&W., 1909.J&D
Fulton El. IsiM. 58, 1929. .M&S
2d mort., 7a, 1891
J&J
Kings. & Pemh.-lst, 08,1912 J&J
8outbwest.Ext.,lst,7s,1910.J&D
l4ake E.& West.— 1st, g.,58, 1937J&J
110 >4
Pacific Ext., Ist, 6s, 1921.. A&O
Ii»ke Bliore & Micli. 80.—
Imp. &Equip. 68, 1922
J4J
01. P. &Aeh.,new 78, 1892. .A&O
107
Minn'p. & Pac, l8t, 58 1936. JAJ
Bnff.&E., new bds,M.,7s,'98.A&0
119
Minn. 8. Ste. M. & Atl.- Iet,58,l;f26
Det.Mon.& Tol.,l8t,7s,1906.F&A
Mo. Kan. & Texas, new 48, cert.—
Dividend bonds, 78. 1899. ..A&O 119 121
New incomes
Hart.

F

K
J

September

THE CHRONK'LE.

1893.]

20,

O
F
J

.

OE.NrBltA.L

QUOTATKJNS

875

SroCKd A.VD B0\D3—Oo!«ti»(jed.

OH*

For BxplaOKUona !Me Notes at Head of PIrat Pmga of qaotatloaa.
Bid.

RAILROAD BONDS.
(ron'tmiRd) —
Peiiu. Co.lst M..4»««.1921.r.J&J
f>enn.AN.Y.C«ii.-li»t.7»,'9«.J&I)

Penn.

RR

106

Vat. Ext..

A

1^9
103

67

M.VN
1 0'JB
EvKii«vllli> I)lv..l»l 6h.1920.MAK
Peoriii A Kastprn - Cdus. 4s. 1040.
IiUTiiio 4 8, iyo^>

93
80
24

Peo.A Pukiu Ur -181.68,1921.0—
.

niort

.

4>«8,

5.s,

1918

e

99

•

A

2(1,78.189.1

2d. 78.1H99

lit ptef. Inc.,

•%8,

F

gold, 1958

A

JAD

A

l.ull.FAA 101
Plctab.C.Ast.L.— l8t,7».1900.FAAl llb%
PUt8b.Cl.ATol.-l«t,68, l922.AAOi«113
PInob.ACon'llsv.— l8tM.7s,'98.JAJ 114»»
Sterling cons. M. Gs,K.,guar.jAJ el'.'?
PittBb.Ft.W. AC.-l8t,7s,1912 Var 14258
2d mort., 78, 1912
Var
3d mort., 78, 191 2
AAO 135
Pltteb. June. IstGs, 1922
JAJ 118
Pittsb. A Lalie E.— 2d, 58, 1928 AAO
Plttab. McK.A Y.— l6t,6s,l932.JAJ 120
Pltt8.Pain.AF.— l9t,g..cs,19i6JAJ
78%
Pltteb. A West.— l8t, 4s, 1017. JA.I
Pled.

tuiuU.-lsi,.-j8,

Pitts. Y.

A

ABh.-lsU.'is, 1027.

Asbtaluila

A

MAN

Pitts.— Ist 6e. 1UU8.

Ponl'udAOgb'g— lst6s,g.,t900JAJ S114
Port Koyal A Aug.— Ist, 68, 'Og. JAJ 106
Income mort., 6s, 1899
JAJ 109
Port8.0t.F.ACon.-4i«»,1937.JAD ^106 >9
Pres.

AAriz.C— l9tg.68,1916.JAJ
Inc. 68,

AAO
MAN

110

Equipment, 2d 58, IsOS
et Jo. AGr. Isl'd— l8t,guar.68,1925. lt'3
2d mort.. incomes, 5s, 1925
Kan. C. A Om. Ist 58, 1927. .JAJ
St. UAlt.AT.H.— Ist M., 78, '94. Var llu
2d mort., pref., 7s, 1894
Var
2d income, 78, 1894
MAjV
50
Div. bonds, 1891
BeUev.A8.Ill.,l8t,S.F.88,'96.AAO
Bellev.A Car., Ist 68, 1923. .JAD
Ch8t.l>.APad.,lat,g., 58, 1917..
South., Ist, 4s, 1931. .MAS
Bt.
do 2ri, income be, 1931 ..\IAS
Carb. ASlittW.,l6tg.48,1932.MAS
St. L. Ark. A Tex. IstTiui-t Keicipii2d m..6s, l936,alla«s'tsip'd.FAA
Ist 48. certs., when i8::usd

U

-

'45"

.

.58,

101
42l«

Sdh
112

100
LIO
120
105

1014..J.feJ

10736
IO7I2

51

A. A. A
A. A.AGr.T.— lat.68,1921.JAJ
A.AM.P.— lst,68,1916.MAS
I'ol.A.Ar.AN.M.— lst,68,1924.MAN
Tol. A Ohio Cent.— Ist, 5e, gu.l935
Tol. A O. C. Ext. -1st, 58, g., 1938.
Marietta Min., 1st, 68, g., 1915..

I

108

Tol. A.

Consol. 58, 1939
JAJ
Ooneolid Coal— Conv. 68.1897.JAJ
E li»(m Elec. III. Co.-lets. 58. . 19
Eq.G'-AF.,Cliic-l8tg.H8,1905.JAJ
H aoken»'» Wat.— I St g.5s. I H20. A J

95

'

Heude son Bildge— 6s, li'Sl.MAS
Iron SI6tmboatCo.-68 1901. JAI
LaoUdeOas. St. I..— 58. 1919 Q-F
Lehigh

RK.

C.

80
7J
I OS

ANav.— M.4is8,19l4.tJ—

68,

Q-F

1897

Convert. 68,1894
MAS
Mort. 68, 1897
15 JAJ
Consol. mort. 7s. 1911
J AD 129
Greenwood Tr. 78, 18 J2
F AA
Gen. mort. liss, 1921
Q—
Man. Beach Imp Ld 7S.1909 MAS
Mut.Un.Tel SKg.fd.6a,1011 MA.V 103

—

96 1*
100

105 >« I07i«
107

.1

—

Nat.St'rch.'VIt.Co.-lst,e.t>e,'20

113
108
103

l«2

.MAN

.'Vs,

AW.—

78

A

Ulaier ADel. con.,5, 1928. ...JAD

}

Uuited Co'eN.J— Gou.68.1908.Ma8

78is OceanSS.

\

JAJ 113%
JAJ Ill's

MAS 110
O u. Bridge, sterl. Ss, g., '96. AAO «1 12
Collateral trust, 68, 1908 ....JAJI 107i«
Collateral trust, 5s, 1907
JAD 9d
Collateral trust 4ls8,1918..MA^f
Eiiuipment Tru.st 58
AAO t 89''8
Kanb. Pao., 1st, 68, 1895. ...FAA
do 1st M.. 68, 1896
JAD
F.,88,

!

Co.— IsiGs, I8'2 guar

.

104
981* Oregon Imp. Co —1st fc'8,1910 JAD
Const 1. 5s. 1939
AAO 93
59%
(is,
60
IcO
JAJ
Penn. Canal1910
MAN 103
Penn. Steel— Ist 59, 1917
-l8t,6,g.'01.MAN
People'sG.AC.Ch
94"

gen. 4h, 19-23
FAA
gen. 4s, 1929
MAS
B'erllngdo
68,1894
MAS «104 106
122
do
68,1901..,. .MAS, el20
Union PaciHc -Ist, 68, g, 1896.J AJ 1H)\
let, 68. 1897
JAJ 1121, iis'ii

do
do

1898
1899
1893

I

.

1

103% 104 1« New Eng. Telephone, 68,18sm. AAO
102 Hi 107% New Eng. Tcnnlual.
1909 FAA }102i« i'03'i«
26
96
New Orleans Pac— land gr.ints... 23
5 95
relegr8ph-7B,l90l
Northw'n
JAJ 10214

To!. Peoria
l8t,48.1917.... JAJ
Tol. 8t.L.AK.C.,lst,6e,1916...JAD
Troy
Boston let 78, 1924. ..JAJ

1st, 68,
Ist, 68,

.

.

Cai.- lst,68,1917..'WAS 1021*

Snk.

110

10i>
Boston A Moiitnna— 7a, 1698. JAJ §104
Boston United Gas— 5s, 1939. .JAJI 91"* 92
2d 5s, 1939
JAJ} 78
CaliabaC'l Min.— l8tg.7e.l907.JAJ 108
80
Ctiee. ADil.Can.— Iet58,1916 JAJ
Ch-B. A Ohio Canal—63
JAJ
"ai'i
Ciile. Gas I^ AC.-g.Se, 1937. JAJ
105
Col 'TBdo Cool A r— 68. 1900. FA .1 103
100
Col Allor-k.C lAl'n-g 68.1017.JA
23
26
Coinsl'k Tun.—l8t in. 48,19 19.MA.V
Consid. Gas, Bal'.— 68, 1910. JA

105

.

112%

let con. gold 5s. 1907
JATI 9UH 101
A.mer. Sreainsliip— 6e, 1896. ..AAOl •-- ••

101
ll2i»

5

I

ills'*

Ain.WaterWsCo.— l»t«9,iyoT.JAJ 108

Smb. A LewKstown, Ta, 1896. .JAJI
A Erie June— let 78, 1900 SllO
Syr.Bing.AN.Y.— con8ol.78,'06AAO, I3214 136
97% SyracusfSr.R'y.-lst.os, 1920. JAJ 5
100
79 « TerreH A Ind.— let, 7s, 1893 AAO
CmusoI. mort., 5e, 1925
JAJ 105 106
Terre H. A Log'pt.— l8t,gu.,68 JAJ 101
- • 6s,
116
let and 2d,
1913
...JAJ 100
45
108
50
r«x. Cent.-lst,8k.fd.,7e,1909MAN
let mort., 7e, 1911
MAN 45 50
107
Texas A New Orleans— l8t,78. FAA
Babine Div., lat, 68, 1912. -.MAS 104
40
Tex. A P. -East.D. let 68,1905.MA8 106
112
let gold, 58, '2000
JAD 91
9:1a
Mch c9»6 39 '9
2d gold Inc., .58, '.iOOO
Third Avenue lat 53. 19,17. ...JAJ

111

I

1

miNCKi.i, \nkoi;m BOND^i.
Amer. Reinelpph'o 7s, 18»8 FAA

Su,«p. B.

Tol.
rol.

101

49'«
Inuonies. non-cum., .'<e, 1937
.,
Wore. Naeli. A R.— 5e, '93-'95. Var. 5102'* 104
Naeh.A Roch.. Kuar..SB.'94.AAO i>'02 |104

II6I4

I8l.

Ind., let

103

<

.5e, 1935
^... JAJ 109>«Hl
WlnonaAS.W.— 1st,6».g.,l»28.AAO
Wiscon. Cent.Co.— 1st.5el937.JAJi
99

j:l03i4

133

1141s 118
lOd

loO
82
50
79

35

*jnb.Haj.AW-B.— l8t..5s.l928MAN 101
2d mort., 68, 1938, reg
MAN

111% 112
fiiA {lO""* 100%

JAD elOl

60

80 Pao.Cal.-lst.es.g., 1905-12 AAO
let con. g, 58, Irtas
AAO
80. Pae. Branch— Ga, 1937
AAO
So. Pac. Coastr-lht gu..g.,4a, 1937
io. Pao., N. M.-l8t, 68, 1911 .JAJ
Spok.FalleAN.- lstUs.g.,1939.JAJ
State L. ASul.-lsttia, 1899. ..JAJ

A

no

104%

Pitts. Br., iBt M., 6b, '96
JAJ
O.ild 4e, 1928
L. Erie— let..5e,...19'.'6
Wlieel. Div.,l3t, 5e,19i8
lAJ

2d mort., 68, 1931
JAJ 55
Income 68, 1931
12
3.>. PacAriJ.— l8t,6s,1909-10.JAJ
1051*

iteubeu.

I

Il8>f

I

58

1^9

.

Consol., extended 5e, 1922.
M., 68, 1902

Carolina— let M., 68,1920.. AAO

(

99
a*
34%
10?
W'n No.Car-Con.Ge.guar. 1914. JAJ 99 Ig itio^
vVeBt'nPonn.- l8tM.,6B.'93..AAO 105

103'

56
20

K.Tr.— lRt6».g..l913.AA0 5l!5
2d mort. guar. Ss, p., 1026 JAJi 100

RomeWat'uAO.—S.F.,78,1891 JAD 103 14 103%
2d mort., 78, 1892
JAJ H4
Rutland— Ist

1

103 >f 104
logiv 110
elO.Mi t06>a

Kxtens and Imp, fie, 1930.. F.VA'e 93 100
A Aug., 68, 1010 ..JAU lH
Wilm. ANo.— let, 58, 1907-27. JAul
122ii 1251* Wilm. A Weldod— 7s, g., 1896.. JAJ llHi. 118

1914

gu.,

108

Weet Shore— (juar. 4e. 2361... JAJ
WorttVa C.APltta.— l«t,6«,191lJAJ
Weal Va.A'lt'B -let's, 1990 AAO
Wesl'n Ala.— 2d, 88, guar.'90.AAO
Wcet.Maryl'd— 3d en.,6e. lOOO.JAJ
Weet.N.Y.APenn-let..^e.lOJ7JAJ
2d m.,3e u.—Hrfm. I9'27 ...AAO
Warren A Kriiijk., lBt,7e,'g6FAA

Wilni. Col.

3odu8 BayA So.— lst,5s,g.,l924JAJ
9o. Cen. (N.Y.)— Consol. uiort., 58..

115
115>« Stat.

1916
JAJ
Prov.A Worces.-lat 68,1897. AAO 5110
Raleigh A Gaston— Sa, 18s*8...JAJ 117
BeB.dE8'toga— I8t7s,1921 cou.MA> 145
Blcb.&Dan.— Uen.m.,68, igi5JAJ 116
Debenture, 68, 1927
AAO 105 S
Con. mort. gold, 58, 1936. ..AAO
92
Equip. M. 8. f.5e, 1909
MAS
Rich.Fr.AP.—Con8.4is8. 1940. AAO 102' i'o's'
Blch. APetersb., tis, 1915. ...MAN
110
Kich. York R. A Clies., Ist 88, 1894 107
2d mort., 68, 1900
MAN 102 105
96
Kioh. A West Pt.Ter., 68, 1 897. FAA
97%
73 H 74
Con. col.truat. 1st. 5e, 1914. MAS
73
73 »»
Rio GratdeWt St.. I8t 48,1939. JAJ
90
Borne A CarroUt.— Ist, 68, g., 1016
2d

A Hous.— 1st. 68,

Shreve.

So.

AAO

111

104

WheelingA

Sbenan. Val. -let. 7b, Tr. rco.J&J
General M., 6s.l921 Tr. reo.AAO
Incomes, 63, l'.)23

63

49
51
pref. Inc., .58, gold, 19.58. ...F
38I3 40
pref. inc., 58, Kold. 1958. ...F
39
prtif., tuc, Es, convertible. ..F
iboij
Phila. Wll.
Bait.— 68, 1892. .AAO JlOO
110
68, 1900
0»,
IW'V. ....... ............ .rL4V^' 5109
}K5i« 107
58. 1910
ICOI4
lOOOg
Trust eerta. 48, 1922
M&Nl

luO
120

We«tCli('8t<!r—<:oiT. 7", IHOl.AAO
W. Jersey A At. let M.,6Rl910MAf<
'VestJere<(y-let,6e, 1896
JAJ
lstM.,7e, 1899
AAO

80

Sham.8un.ALew.-l»t,58,'12MAN|
aUam.V.A Potta.— 7H.con.l901JAJ

C)n8nl..M..78.1911,reK.Aop.J&D 1<U>4
126
JALi el 24
Consal. mort., 68, 1911
108
luiprovemeiit iDort.,68, '97. AAO elie
69
8eries.l922
Cons. 5a. lat
MAN 10i«
Deferred inoume 6s
JMew lien. luort., 48, lOiiS
JAJ Si's

3d
3d

AAO }1C7
108
AN 1121a
MAN 109

Seat.I...8.AE.— lst.golil,68,'31.FAA V>02

123
112

2d

—

Sciot.V.AN.E -l3t.g..49,1989.MAN
Seaboard A Koaii.— 6s, 1916. .FAA
58, coup., Ib28
JAJ

118>4

AAO

ee, 1934..

73"

Gulf, con. 7e. 1897
At.
JAJ
80. Oa. A Fla
let, 78, 1899.M

AAO

7a, 1807..AAO
68, 1910.JAJ

AM in.c(>n.,6,g.,1919.JAJ

A W.— ist,

S»v. Fl.

A&O 1(0^

PkiU. A Keud'g— 1st,

70",

4tDdnekyMansf.A N.— l8t,7B,1909 i'llT

Class B, 6s, 19'J«
129
Piilla.AE.-Gcn.Knar.,6s,g.,'20.JA.F el27
G(!npial 5«, 10'.;0
A&O I14>«

General 4a, 1920
Siinli. AKiii'— 1st,

Int, 6e,

lOi
69
100
80 >«
let. 6b. lO'JG
JAJ
27
SauF.A N.P.- let,^8,g., 1919.. .JAJ
Sav.Aiu.

Aa».

BI4.

AN. (r.«)»t.A R.),7B.MAf) 10s ito
do St. Cha'e Brl^go 6«, I90H
110
do No. Mo., let, 1H05...JA.I iViii

120

JAJ 116

.

1(3
\0i

BOMDS.

«',.L.K.C.

MAN

1910
1933

100%
90
1022 ....JAJ 116
Montana Cent.— let. 6e,ig37JAJ
117
Eaet'n, Minn ,lKt.K..5H. 190''. AAO 6100 >« 103
-—
St.P.ANo.P»e.-(i(?n
(l».in23.l'AA
121
122>«
70 'a
Ian Ant.A A.Pa.sH.,ljit,'JB,1916. JAJ

b7

Q-J

Q.—
58, 1926. JAJ

6«.

MiSCEt..

Waliaeh— ((!ontlnll«ll)—

let coiisol.. reduced to 4<«8 .JAJ
HoatanaExi., lst.4s. I937.JAD

llii»t

MAN

1021
scr.

1918
PetorHlmijt -Class A,
s(>ilf» ^8.

RAIUIOAD and

Bid.

oonanl. e>,

Mlan'8 U'n,

2(1 inovtiratte. Ss.

Pcrkldiiicn— let

l-'t

J*.i

P». P. & Uost-lm, (1«. IPSO. J&J
Pens.A Atlantio-l8t. 6a.lO£l.FiVA
Pbo. Doc. & Ev.— l»t. (in. 1020 .lA.I

2d

RXILROAD BOITDS
P.Minn.AMan.— 1st 71,1009 JAJ
2d 68. 1909
AAO

dt

JAO
A&O

1st luort., Tk, 1006
RK. corf ol. 4«. 19.SB
Penn. A N. W.-58, 103d

2(1

Ask.

-

118

1904
JAD
2d
do
Phila. Co.— 1st skK.M.68,l-y8.JAD
Po'k'psioBrldge-l8t6s,1936 FAA '79 ij
Proitor A Oatuble 1st 68. 1901... (.I
St L B'dg^ATun— lai7s,1928.AAO el35
Tenn. Coal Iron A R —
AAO 96
Tcnn. div. let 63, 1917
98
Bir. div. Ist con. 6s, 1917... JAJ
W'n Un.-Deb. 7e, 18T5-t900..MAN 1121a
112
MAX 98i«
Di-ben. 7s. 1881-1900
JAJ
CoUat. trust cur 5 193i
,

STOCKS- KAll>KOAD.

ila. Gt.

B,

South.— A.,

common...
A Pac,

Ala. N. O.

Pai.

68, pret.,.£10
£>('
Ac, A, pref. £10

:

:

I

10
4
2

80
105
140
97>a

99

lUO

10%

4%
2%

la
B, det.^ll
%
do
do
381*
Alaba na A Vicksburg
81% 89
Albany A BU8queh.,Guar.,7..-l0(
lOif 40^
Atchison Topeka A Santa Fe..lO(
27
9;%
98
93
Atlanta A Cliarlotte Air Line ..IOC
73>a 71
Atch.Col.AP.,l8t.68,1905Q.—
110%
108
100
Point
A
West
40
Atlanta
411$
W.,lst,0s,1905.O,—
At.J.Co.A
'.id 48,
do
do
100
5% 6
Atlantic A Pacitio
lOaia
8l;.L.IronMt.<18o.— l8t,78,'92.FAA
U. P. Liu. A C. l8t.g.,58'18AAO
140
9311 94 14 Augusta A Savannah, leased. --100 130
2d mort., 78, g., 1897
MAN 107''b 108
Oreg'>n SUi.rt-L. A U. N. Consol
ioei*
100 104
94
Baltimore A Ohio
Ark. Br. 1. gr., M., 78, g., '95.JAU
CoUat. l-ruslSs, 1919 ....MAS § 93
125
l8tpret.,6....100
111
do
lol
68.
1922
.. FAA
CairoAFui.,l8t,l.g.,78,g.,'91.JAJ
Oregon Sliort-L.,
100 lis
2d, pref
do
JAJ 110 110%
Cairo Ark. A T.,l8t,78,g.,'97.JAlJ 105
Utah 80., gen., 78, 1900
luo
BellevIUe A 80. lU., pref
94
do Ext,lsi,78,1909JAJ 110
Gen. con. r"? A 1. g., 58,'1931AAO
100 226 '228%
Boston A Albany
8i.li.A8.Fr.— V!d68,ol.A,1906.MAN HI
115
Utah A Nor.- Ist M.7s,1908.JAJ 100
17a
175
100
Lowell
Boston
A
JAJ flOO
Gold 58, 1926
2d M., 6s, class B, 1906
MAN 111
100 202 •• 304
Boston A Maine
U.PDen.AGulfcon.,5.g,l939.JAn 85ii 86
2d M., ts, class C, 1906. ...MAN 111
107
106
100
pref..
Air-Line,
Y.
'91
A
N.
Boston
let m. Mo. A W. 68, 1919 ...FAA ;108
118
Utioa ABI'k K.— .Mort., 7s,
.JAJ 5100
100 255 380
Col. Trust, B, g., 1920
Consol. 48, g, 1922..
JAJ 100 102>a Boston A Providence
FAA Lim
17«
176
100
Lynn..
Beach
A
Revere
Boston
Eqalpment78. 1895
Ullca Clin.ABtng.l st 5,1939.. .JAJ 1151a 117
JAU 100
100
37
Brooklyn Elevated
General mort.. Be, 1931
Valley of Ohio— Con. 68, 1921. MAS
JAJ 110
"33%
100
341a
Bullalo Rochester A PltUb
General mort., 58, 1SI31
Ver. A Mass.— Gaar. 5s, 1903 MAN side" 107*
JAJ
76%
190 76
pref
do
107
1st trust, g., 58, 1987
AAO 91
Vlcksb. Sh. A Pac. -Prior lien, 6s. eloS
35
BapldsANorUi..loo
Burlington C.
Kan.C. A8W., lst,t>H,g.,1916..JAJ
Va. Midl'd.— lstser.,68, 1906. MAS 116
98
13
\O0
lis' California Pacitio
,
MAS
Ft.S.A V.B.Iid.,lst,6s, 1910.AAO
2d series, 68, 1911
lOO "16"
St.L.K.ASo.W. -Ist Gs, 1916.MAS
MAS i'07' 87' California Southern
Sd series, 6s, 1916
JO
Camden A Atlantic.
MAS
Kansas Mid.— let, 4a, 1937. JAD
4th series, 3-4-5s, 1921
30
-50
Pref
do
do
MAS idi' 102
Bt. Louis Salem A Arkaueas-Ss t'96>«
fith series, 58, 19'26
100 53% 54
MAN 86 St)i« CJanada Southern
General 6e, 193()
8t, L. W. A W., 68, 1919
MAa tl07i»
79%
79
100
Pacitio
CanaiUan
87
guaranieeil, stamped
8t L,.Vand.AT.H.-l8tM.,78,'97.JAJ 110
do
30 182 187
C.»yuga A Susqueianna
2d mort., 7e, 1898
Wabash-lst gold 5s. 1930. ..MAN ioiij 102
MAN 5
111
10
FAA 761« 77 Catawlssa
id, 78, guar., 1898
J"
MAN 110 I1312 2d gold 5e, 1939
Ist pref
JO
do
Dtb. mort. scries A, 1939. ..JAJ
8t P. ADulutli— let, 5e,1931.FAA
57>4
I
90
pref.
2d
do
43>1 49
2d mort., 58, 1917
Deb. more, sot les B. 1939.. .JAJ
AAO
107
* Prl(3e nomiuaL i Fnrobaaer also pays aooraed Interest. elnloDdon I OouPonoO. « Prtoe per shai*. t InAojstertam. ; la Pranklort.

do Den. Ext., 6s,1899.MAN
do let cons. M.,68,1919 MAN 113%
Oen.Br.U.P— A.AP.P.Hs.'gSMAN lOM
Fund. coup(m 7s, 1895 ...MiN 100

.

THE

376

.

.

,

OHEOJNlGLii.

LVOL. LI.

QU()TA.TI.O-VS OF ST00K3 AMD BONDS— Continued.
For Bzplanatlona See Notes at Head of First Pa^e of (taotatloas.

GBNBRA.L
Eailkoad Stocks.

Bid.

A

3
116 122
20
Of
13>a
Mass
1
Central
39
S9k
pref 100
do
100 117^ 119
Cent, of N..T
.'^3
50
Central Ohio
56
Pref... 60
do
33
52
Central Pacific... 100
57
58
Central of So. Car. .50
40
20
Char. Col. & Aug. .100
211)
21
Cliep.*O.V.Tr.cer..]00
56% 58
Istpf.lOP
do
38
40
do 2d pref. 100
119
100 118
Chesliire, prei
Chicago & Alton.. 100 128 132
pref.lOO
do
. .

.

(

13
40

Chic* At.,Beii.Tr.re(;.

CWc. Bur. & Nor, 100
Chic. Bur. AQuln.lOO
CUc.&East. 111. -.100

Eailrcad Stocks.

Ask.

1

Minn... 100
Cedar F.
Cent, of Georgia. 1 00

13!»,

Bid.

Pref.lOO
Nash v.. 100
Ujuisv.N.A.AChio.lOO

do.
U>ulsv. &

Louis. St L.&Tex.lOO
Louisville South'n ICf

Vlahonlng Coal RR.50
Pref 50
do
100
Vlaine Central

* Law'ce

VIexican Central ..100
Mexican Nat., T.R.IOO
Vllohlgan Cent. ...100

im^ 96% vm. Lake
4i^ 44
do

S.

90

. .

On. Ham. & Dav.lOO

108%

79

Clnc.N.O.A T.Pao.lOO
& Clev. 50
do
prtf. 50
Gin. & Sprlngfle'id. 50
Clevel. AS. & Col. 100
Cleve. & Canton 100
do
pref.lOO
Clev. C. C. & St. L.lOO
pref.ltO
do
Cl.<S[PUt.,guar.,7. 50
Col. & Green. ,piei. 100
Col. H. Val. ATol.lOO
Col. Spring. & Cin. 50
CoL&Xen.,guar.,8 50
Con. & Montreal—
Cl.I (B.C.&M.pf.lOO
Class IV. (Cone.) 100
Con.&Port8.,gu..7 100
Conn. & Paseump.lOO
Connecticut River! 00
Cons, of Vt., pref 100
Current River
H
Danbury &Norw'lk.50
Day. & Mich., gu.. 50
do pf.,gu..8.5(j
Del. A Bound Br'klOO
Delaware & Hud. .110
Del, Lack. & West. 50
Del. &Nbw Eng...lCO
Denv. & Rio Gr.... 10(1
do
pref.lOO
DesM. A Ft. D'ge 100
do
prel.lOi
Det. Bay City <S A. 100
Cln. Sand.

Sfeia

•

60

I

37

375s

8
25I4

8J4
27

tiSii
9tii«
1.'5

97J».

. .

.

81^

28V k9

i

6b %

30

35

30I4

301«

18

20

140
154
140

140%

life's

119
226

225
41

155
1£,0

.y.

170

19H
5

%

57%
7

25

&S. W.IOO
Lar. & Konh.lOO

Det. HiUs.
Det.

2C

40
35
do
pre). 100
6I2
8
Duluth S. S& Atl.lOO
23
do
pref.ltO
"8
8%
Hi
E. Tenn. Va. aiGa.lOO
77%
do 1st pref.lOO .74
il>4 21%
do 2d pref.. 100
East Pennsylvania. 60
Eastern (Mass. i... 100 ib7'i 168"
147
do
Pref. 100 145
Eastern tn N. H.. lOt 108 Ij Ity
Eliz. Lex.

&Big

S.IOO

ElmtraA Wiuep't 50
do
Pref
50
£vaB6ville&T. H. 50 113%
FItoLburg, Pref.. ..100
Flint <S Pere Marci.lOO
do
pref.. 1(0
Fla.Cen.& Pen. V.T.Ctr
do Ist pret.cum.loo
do 2dpf.uun-cum.lO(y
Georgia Paeiflc.lOlj

§
*f
t

88
23
92
4
65

236i6
8

Ga.RR.&B'igCo.lOO 200
Gr. Rai ids & lud .100
Gt. Ncrtli. Ry. pref.

Gr.B. W.&St. P...100
do
Pref... 100
Har.Pur.Mt.J & L. 50
Hartl'd&Ct West.lOO
Housalomc pref.. 100
.

.

Hous. & Tex.Cent. 100
Hunting. & Br.Top.50
do
Pref. 50
flllnois Central. ..100

do leased l.,4p.c.l00
loO
do
Pref.lOO
Iowa F. & Sioux City
Kan. & Mich, oeria....

Iowa Central

Jett.M.&lnd.,l'd.lOO

ian.C.Ft.B.*Mem.lOO
Kan.C.Ft.8.& G.pf.lOO
Kan.(J.Mem.<»i Blr.ItO
Kan.C.Cru A Sp'd.lOO

Kentucky Cent. ... 1 00
Keokuk di Des M..1(.0
do

pref..lOO

Keokuk <& West'n. 100
.

Klngst'n&Pembr'kedO
lAbeErle it W....100
do
Pref.lOO
L. Bh. & Mich. So.. 100
Lehigh V alley
50
Little Miami
50
Little ScUu'k'l
50
Ijong Island
5o
'

Price nominal.

53%
r

I

21%
46

109%

11
2358

A Atl. 50
iVestem Maryland. 50

Sfest Jersey

. .

11'4

24

42

«

12%

West. N. Y. A Penn. 100
100
Wheel. A L. E

Central Coal .10(

N.Y.APerryC.AI.lOO

pref.lOO
Ib^s

Y.Phil. A Norf.lOO
Y. Prov. & Bo.st.lCO
Y.Susq.A West'nlOO
do
Pref.lO(j

2fei«

668

News A Miss.Val.Co
Koif.AWest,, com. 100
do
pref.lOO
Xo. Pennsylvania. -50
Northern Central. .50
Sortheabtern
5t
lorth'n N. Hamp.lOO

15
19

!J.

142% 143
21

V.
*.

lol^A

100

pref.. 100

do

New

AWest..lOO

.

i

i

61
86
68
43

Min'g.lOO
Pennsylvania Coal.5(

1b5§ Ontario

7
29
17

Sil.

Quicksilver Miu'g.lOC
do
oref.lOO

Sunday Creek Coal
do

pref

19% Tenn. Coal AlronColoO
62

68%
50

9%
34 >«

13%

7

9

24% 25%

Pref.lOO
do
100 "17
OqIo Southern
17H
170
Old Colony
ICO 169
ICO
Om.ASt. L
2% 3%
11
9
do.
pref.... 100
96 100
Oreg. R'y A Nav. 100
Or. 8.L. A Utah N.lOO
3d%
5258 52%
Pennsylvania RR. .50
Pcnn. ANorthwest.50
PeusaeolaA Atlan.lOO
2% 5
Peoria Dec. A Ev..lOO
19
20%
14
Peo. A Eastern
9
12(1
Petersburg
100
Phila. A Erie
35
50 « 34
Phil. Germ. ANor..50«129
130
93
Phila. A Read. cert. .50
iO'e 41
6% Piiila. A Trenton.. 100 2o0 232
PaUa. Wilm.A Halt. 50 « 56
58
Pitts. Cln. A St. L..50;» 25
27
11
Pitta. A Connell'e..50» 10
12
205
Pltts.Pt.W.AC.,guar.7 155
fitts. JuDOt
27
50 s 25
bO
itts.Va. A Charles.So » 44
46
8% Pitts. A Western... 50 27
30
3%
do
Pref.. 50
34
36
Plite. Youngs. AAsh. 50
do
pref
50
57% Port, e aoo A Ports 100 123 129
Port I. oral A Augusta
22
Ports. Gt.F.A Con. lOo 167% 163
4t% Prov. A Spring
100
111% Prov. A Worcest(:r.lOj 250 255
Reus. A Saratoga. 100 170
180
9
Rich. F. A P., com. 100 118
122
r

.

7%

80
80

7.1

17

19

52% 71

do
pref. ion
Salem, Mass
100
San Francisco Gas
Wash'ton OitvG. L.20

113

118

59%
46% 50

.

* BlfKLVN
HORSE RKS.

N.Y.

Fmie

(See

.'iOO.)

TEliEtiRAPH.
American District. 100
Amer. Tel. A Cable. lOO

33
84
160
101% 103
25
33
82

Cent. A 80. Am. Cable
Cominer'l Cable Co 1 00
Franklin
100

Gold A Stock
Mexican
Northwest, guar

do

100 224

Erie

100
1(0

Mexican
N. Y. A

225

48% 49
34

10

41
$1 00

90c.

New Jersey. 1 00 100

New England

TRUST

Am. Loan A

51

100
10

Tropical

102
S2

1-20C 1-400

CO'S

110 115
400
Brooklyn 1 rust ...ICO 420
Central
100 1300
Trust. 100

Atlantic

100

Continental
Farmers' Loan
Franklin
Holland

.100

700

100
100
100
100
100
30

2.J5

250

205
190
160
ISO
130
265
Mercantile
lOi
Metropolitan
100 255
9
11
Nassau
100 153
N. Y.Life A Trust. 100 700
45% 46% N.Y.Security ATr.iOO 1«5
280 300
Peoples', BrooklynlOi)
State
7
100 180
9
40
100 7.^0
41% Union
United States
100 800
Wasblngton
100 175
43
43% .»IISC'LLAINEOIJS

212
197

Kings County
Knickerbocker
Long Island
Mauhattan

167%
28»
160

190
900

STOCKS AND
TRtSTS.

ELECTRIC

LIGHT,

Hudson River

A Tr.2,^

pref.lOO

Adams

dec.

Brush, Bait

TELEPHONE.

American Bell

71

100

81

149
41

Expi tBS...100

Am. Bank Note Cc..50
American Crttile
Am. Cotton Oil
lOo

153

19% £0%

49
piet.loO
do
50
Ti. rec.lOO
23% 21
do
114
117
Edison Gen. Elec.lOt 100
10.;% American Expres.lOO
Am. Pig iron war. 100
Elison Trust
90
91
Am. Tobacco Co., pref. "98" "99">i
75
Edison IUuminat..lOO
80
10 < 8%
11% 12% Aspiuwall Laud
Ft. Wayne Elec. Co.. i.5
8%
10 « 6
Boston Land
6^
Julien Electric Co
1>4
Boston Water Power.. « 4
2
Do Traction Co
5
Brookline (Mass.)L'd5 a 5
Spanish-Amer. L. A P.
100
49% 49% Brunswick Co
Thom.-H. Eleo. Co.. 25
Cambila Iron
50 101
102
25% 26
do
pref.. 25
o2
E4
12
Canton Co. (Bait.). 100
do T.SicSer.C.lo
13
100 105 1091«
do
5% 6% Jlafl.uUo
do Ser D
ao
1st pref. 100 101% 102JB
Thom.-H. Internat.l00
do 2d pref.lOO |101% 103
do
pref.. 100
Con. Kan. C.S. A R.,25
Them. Wtld'ug Co.lOO 200 220
']" 9"
Coutineut'l Con.Anup. X7
87
do Europ.W.Co.loO 81
5
10
30
40
C«v. A Cin.Brldge.loO
U.S. Electric Co.. 100
pref.lOO 190
200
do
30
40
U. 8. Illumiuat. Co.lOO
44% 45
Dist. AC. Peed. Cj.100
Westinghouse El. L.50
37
38
» 3%
4
East Boston Land.
EXPKESM.
I

Frencimian's Bay Ld. s

(Bee Miscetiuneous.)

OAS STOCKS.

Bait. Consol.

Gas

Bay State
Bi eokline, Mass. .
Brooklyn, L. I.—

.

50
100

8

llliiMjib

Steel

25 120
92
20
Fulton Munlcip.lOO 140
Metropolitan
100 110
Nassau
25 130
95
People's
10
Williamsburg
50 130
Cambridge, Mass. 100 197

Brooklyn

Citizens'

Oharlest'n.S.C.,Gas.25

.

5^

loo

Iiou SiOctiuboat...lOJ

.

5

Hackeuback -V^ter, 25 100
pref., 2d 102%
do
50% 505fi
38% 38% Henderson Bridge. 100 lOi 106
123
93
113

50
Keeley Motor
LeLi<uCoal isNav. 5j
Linseed Oil I'rusC
Manh'lt'u B'oh Co.luO
10
Maferiok Laua

9-1

Maxwell Land Grant
Mex. Nat. oustiuut'n

202
» 21%
22
» 38
40
110 115
4378 44
207 209%
41% 43

Morris Can., gu. 4.100

uo

pf.,gu. 1.0.100

Mt. Dos. AE.S.Laud.5.
Chartiers Va:ley..iOO
National Leal Trust..
Chelsea,Ma8s
100
N. t.Loau A Impr't...
£3
27% Richmond A P'b'g.lOO
Chicago Gas
100
Nurth Amer.ctu Co...
Rich. AW. P.Ter..lOO
2t.% Cincln. G. A Coke.lOo
19
Equip. lOO
14
Northwest
10
Boston
....
do Pref
Bast
25
lOij
76%
75
65
7.T
Oregon Improve.. 100
Richmond YorkR.AC. 95 100
Hartford, Ct., G. L..25
100
pref
do
60
63
160
1£0
Rio Grande West.. 100
Jamaica
Pl'n.Mas.slOO
19%
18%
Pacific Mall 33. Co. 100
132% 133
do
pref.lOO
46% Jersey ( liyGas Light.
46
Peansylv. Steel... 1()0
45
43
Rome W. A OKd...lOO
Jersey C.A Hobok'n 20
115
100
Ritland
100
8% Lawrence, Mass ... 100 142% 143"' PougU. Bridge
8
41
do
Pref., 7.. 100
70% 70% Louisville Gas Light. 140 ill Proc.A Gam.Co.prf.8%
Piulm'n Paiaoe CarlOu
9
St. Jos.A G'd Isl'd.lOO
LoweU....,
100 250 260
San Diego Land
16
St. Lou is A Cairo
Lynn, Ma< e., G. L..100 140
9%
dt.Louls B'dge.lstprel
to
Si.LoulsAlt.AT.H.lOO
Maid. A X e .rose. 100 140 i45
100
2d pref. cert
50
13% 16
do
Memphis 0*s
40
Pref.lOO 120
3t. Louis Tun. RR. 100
15% 16 St. L. Ark. AT. rec.lOO 11% 12
93 100
N. Orleani Gas L.IOO
Co.
Transfer
Louis
60 ^ So.L.Af.F.lstp/ef.lO()
3t.
60
York
CltyNew
75
80
SCiudaiM OilTr't.lOO
10i%
S1.L. Van. A 1. H.lOO
Ceulral
50
5
(Jj
"95%
ltefiuiu<
3iig.ir
5l"s
So. Paul A Duluth. lou
Cou^olldated
lOU
34
96%
30
Vex.. A Pac. Ld i'r. 100
z63% 164%
do
100 12i
127
Pref
lOb
90
Equitable
95
U. 3. EXiiress ... .100
S P.Miun. A Man .100 105
121
Mutual
100
107
Wagner Palace Car Co.
9a % Shore Llue
91
Standard 'J^ad,pr.l0>J ....
90
100 171 173%
« Quotations dollars per share.
§ Purchaser also pays aooraed luierest.
e In I/ondon.

95

3OI9

-5

Portland, Me., O. L.50
St. Louis Laclede. 100

10

139% 140
Brush Eleo. Light. ..50
Pac.com.lOO 30% 3t% Brush lUuminat'glOO
do
77
7;% Consolidated
Pref.lOO
100
Con. Ele.\ Storage
Norw-A Worcester.lou 18^.% 181

A L. Champ. 100
100
A Miss

Ask.
17.'i

s30

Phila. Co. Nat. Gas. 50
Pittsburg Gas Co... 50

35%

tforth'n

Ogd.
Ohio

Bid

MisoEi. Stocks.

Newton A Wat'n..l00 168

98
100
100 200 210
85
50
Warr*u(N.J.),rs'd,7.50
Pacific A Atlantic
58
65
West Enl (Bost.)...50 s"9a% "92%' Postal Tel. Cable
39
41
do. pref. (Bos.) 50 « 85
80
85%; South'n A Atlantic. 25
61
West Jersey
50
61% Western Union
83% 81
100
. .

RR

Wabash

.

do

78
177
172

.

.

».Y. Ont.

54% 50%

Ask.

pref. 100
do
7.% 73
Wi\. Columbia A A. 1 00 106
108
Wilmington A Nor.. .it
Nash. & Decatur. ..26
205
200
Weldou,
110
0^.
>VUm.
A
7.10(1
fasbua A Lowell. 1
Wvid'ud Obligation.-*
100 249% 25(1%
116
Nangatuck
Wisconsin Cent. Co 100
22% 23
X'squBbouing Vall'y.'iO « 51% 56
.-)5
54
do
Pref.lOO
New H'n A North.. 100 81% 86
Wor.Nash.A Rooh.lOi 126 126%
Sew Jersey AN. Y.UO
do
pref. .100
CANAIiS.
(See Miscel. una HfCB.)
New London Nor. 100 142
S.Y.Cent.AH.Rlv.lOO 105% 106
COAL & MINIINO
».y.Ch.A8t.L.newlo0
15% 16%
STOCKS, N.Y.
67% 69 Cameron (r.ACoaliOO
Ist pref.lOO
I
do
4
do
37% 3S Colorado Coal A I.10(' 45
4.T%
2d pref.lOO
jr. Y. A Harlem ....50
....
Col. AHock.C.&T.lOO
26% 27
26
».Y.Laok.AWest...lOO
Consol.Coalof Md.loi
28
J.Y.L.ErleAWest.lOol 24% 25
10%
Hoinestalie Min'g.lO'
22
do
Pref.lOO
LebiKh A Wilkesb.Coa
26
44% 44''f Marshall Con. Coal. 100
«.Y. A N.England. 100
do
Pref.lOO 116% 118
12% 15
Maryland Coal
100
S.Y.N H.AHartf.lCO 260
70
Minnesota Iron ...100
85% 88

!I.Y.ANorth.,eom.lOO

43

Bid.

UticaABlackRlv.lOO 126%
92% 93% Vt.A Ma83.,rsed,6.100 139% 140
90
Virginia Midland 100
52%
86

AW.. 100

109
pref.lOO 106
60
VIilwaukee& Nor.lOO
pref.lOO
do
t6\ 66^8 Mine Hill AS. H.... 50 70
Chlo. Mil. & St. P.10(
7
5
Mlnneap. & St. L..100
do
pref.. 100 115
12% 13%
Pref... 100
ao
Chic. & Nort.nw'n.lOO 10758 107%
19
18
«o.Kan.&T.,alla8S.pd
do pref., 7.100
27
26
Pfd. certs. W. I.loO
81% 82
Chle. R. I. * Pac.lOO
68 % 69
13% 16
Missouri Pacific. 100
Chic. St. L. *P....10(
22% 23%
40
Mobile & Ohio
38
100
pref.lOtr
do
301$ Morgan's La.&Tex.lOO
30
C.Bt.P.M.&O..coml00
91
Slorris <&E'x,gu.,7.50
88
do
pref.lOO
>Iashv.Cbat.&8t.L.26 100 102
Chic. & West Mich. 100
411l 42

HH

MiscEL. Stocks.

31
65

. .

100
Vlanhattan, con.. .100
Vlarq. H. &Ont.. .100
Pref.. 100
do
100
Massawippl
tteruph.d^ Uharl
25
>lan.

Ask.

Sonth Carolina
100
3% 4
Southern Pac. Co. .100
29% 30
85% 8.'<% S'west., Ga., g'd, 7.100 12a 130
44
iuniniit Branch. Pa. .50 8
5
40
6
34
Sunb'ry A Lewigt'u.f s
"92%
Ill
112
Terre H. A Tnd'nap.50
89
18'
Pexas A Pacitio
I918
100
112'
35
rol. Aun Arbor A N.M
35%
160 153
Pol. AOhioCent'1.100
C5
74
225 235
Pref... 100
do
94
105% 106% To'. Poor. A West.lOO "15"
17
14J6
To.St.L.AK.City..lOO
16
19
90
27
do
pref.. 100
31
108 108% a. H.J.RRAC. Co.lOO 231%
.=>0
60
Onion Pacific
58% 58%
100
24
25
Un. Pao. Deiu AG.IOO
28% 29%

29
60

Lou. F.vans.&St. L.IOO

1

. .

—

r

1;.

.

s

13

20

4
51

52

5

46% 48%
5
«, i's

6

2%
22%

201%
ilia.

5Cc

21

21 >e.

45

50

4u% 40%
45

45%
211
> 19
elu9
eo'S

109
76
166
76
17

67
133

12
112
213
20
111
55
111

76%167

76%
20
70

1

SEtTEJIbER

-

1

THE CHKONIOLK

20, 1890,]

61T

QENEUAL QUOTATIONS OK SrUCKS AND BONDS— CotirLODm
For Fxplanallon
MiKCELLANEODSST'KK

Bid.

Ask.

140

141

aee Note* at

Bank Stocks.

Head of Firm Page of Quotation*.
Bakk Stocks.

Bid.

BI<1

A«k.
I

Wells
WistKiiil

Kxp.

Kiiiito

101

2c »8

I.UI11I (Ilofit.

CtalrOKo.
0H7H 1000 American Fxrh Nat. 140
88
00
At n» Nailonal
117
Merchants' (F. R 100 110 ll'.:>j Clilciigo Nat
100 2tO
Merr>nia< k.Miias)iOcO 1300 liiii.'i
oiuiiieiolal Nat...lOO 290
Middlcsi X i.MiiS.t.).l(K' 135 |l4o
Contluentai Nat.. 104> 149
Na-huatN. 11 )....( 00 575 580
Fiisi National
100 330
MauinkiaK lMasa.)100 112 112>4 Foi t Deal l>oni Nat...
101>>
Newmarket
ScOi 305
.67
Hide anil I.ea titer. 100 1371s ......
i'lelxrn Miila(F.R.)IO
101
Merchants" Nal.lCK) .'lOO ;575
181'
Paeitic (Mi..«.s )...lncO
)8'i5 .VetroiHilitan Nat.lOi
S'lO
380
Pipieifll (Me )... 500: 1340i ISeOINat. Bk. of Amcr.lf
149
Poeasaet (F. B.) .10< 110 jll4 llMat.B'kof liliuois.lOO 260
Rich Bord'n (F.R) 100 90
95 'Northweatein Nat.100
Rolie^on (F. Riv.)100('i ....
(0
Union National.. .100
,190
8aganoie(F.Rlv.).100i 103
107
Cincinnati.
SaliuonFall-(N.H.)300| 250
J56
Atlas National
IOC
99 ;105
Shove (Fail Hlv.)..100
94 gCliizens' National. 100 2j.^ .262>«
glade (Fall Riv). 10<
64 ICoinniercial Bank 50 115
StallnrdiFali Riv.)100 110
;Eiiuital)lo Nat
100
|139
126,''
Sti.rk Mills (N.U.)100(
1275 I''itihNatioual....lOO
1IO8
To. umseli ('•. R.)..10O
100
First National.... 100
[280
Thori.dikt (Mass.ilOOO
1076 HOC Fourth >atlonal..lCO 230
Tremont &•». (Mass) 1 00 X130 132
aerman National. 100 205
UnlinC.Mf. (F.R.)lO(i
.21
Market National. .10(' 130 U32i«
:Wainpano»g(F.R.)100 115 11:0
il41i9
Merchants' Nui'l .1(0
Wa.shingfniMass )1C0
National L.ifayettelOO
350
Weetamoe (P. R) 100
'is' Ohio Valley Nai'l 100
148^
Wllllin'tlcLineu(Ct)25
Secimd National ..100 260
York Co. (Me.) .. 760 990 995
Third National. ...100 1641s 166
STOCKS.
Wtslern German.. 100 i77is 300

2(i''8

Westli'tli.Alr Br'ki'.Mi •115

147

Maiicli.»tcr(.S.H.)l(0
Mars. Cotton .. .lOCO
Mcclianlia' (F. R.) 100

I

,110

|149

I

'

ChCftiiiil t-t. Nut 100
Cnuiiiie elul .v«*... r.O

I

)

A HAN. FKAN.

(N. Y.

Alts Montana
AaicriR
Barcelona

100

Belle [ale

10(

A1

350
115
'45
48

3-45

100

Boillo

Brceee
Biilwor

Coiisol. CHliforQta.iaO
Con. Iniiictlul
10(
Chollar
Chrj^oUte.
50
Cuiustwk Tnniitl

Crown

4:6
36

4'8(i

2^8<

70

•80

3-05

5^00

ao

...

Gould & Curry a. .100
Hale & Norcroas. .100

Baltiiitore.

iz-bo

2^1

20 '"40

KlnKs.&Pembr'kelroi
1(

LeudvilleConsol

10

Litlle

!i(.

14
41

& SIlv.lOO

3 10

t

10
& Farmers'. .100
Farmers' B^k of Md.3('
•C9 Farmers' A Mereh .40
•15 Famiei s'&Piantera' 25
j

43 iFlratNat. of Balt..l0(
3-50 Franklin
60
German Ameiican.104'

•40

46

Moulton
Navajo

lOO

"96

10

4^50

Belle Isle

OiiUir

Oriental

Howard

Potoui

,Me cbant-'
100
•07 National ExcVge.lOC
1^05 iPeople's
.20
woi.d National.. lOi
jThiid NaliouHl... lOi

"l-OO

7.00

iCo

Rnpjahanock

lUniou
•60 IWestern

i

Robinson Cousol... 50
8avaM6
...
8'erra Nevada
Silver Kmg.
Btandaril

Union Consol
Utah

3^;o
2-70

ICO

•,'0

lAilas

1^75

iBIaol.

100
3-l!0

55
25
Bost. <iMon..(Coppeii

Atlaniic

25
25
26

Osceoia.

Pewublo
Quinoy
hidge

100

Cemroeice
Commercial

100
10

400

i:e. Ci'iniuonweallli

22

28
24

23%

235. Eliott...

ll4i

',5

25 x205

1%
206

Am.Liu(u(l'M4iv)ll(Mi

Aiuory (N

i

97^

100 116 <116>s
2050 2060
Audn seiPK'u (Me.). 100 14'^ 145
Appleton (Muss.) 100> 665 G75
Atlantic (Ma.sa.)...i00
95
97
Barnab.v (I-Ml Rlv.)..
117
Barnaid Mfg. (F.E
94
Bates (Me.)
100 120 121
Boott C'ot.<Ma8!>.) 000 1340 1360
BoiderCltyMfg. (F.R.) 118
Boston C(..iMa.ss.)lC 00 1020 1035
Boston Belting... 100 1H6'4 I86J2
Boat. Duck (Mass-.); 00 lOoO llOU
Chace (F»ll Klvcr). 1(0
90
94
Cliicopee (Mass.). lOi
(<7
89
COiheco (iy.H.)... 500 407 410
11

)

Amiiakei rf.-(N.H.)10irO

)

Collins Co. (Conn.). 10
Comlne.i.tai (Me.) ItO
Cres'liMiils iF.R ).100
CnstHl Sir.
(k.h )

Davol

Sh

9H
20
47
40

17

45

n

(F.R). 100
Diiugl's A c (Mass) 00
Dwight (Mass )....600 750
.Mills
.\

Euwaids

115
Evirett (Mass.).. New
78
Flint Mills (F.R.) 100; 100
Franklin (Me )... ItOl 107
(.Me.)... loOi

Granlie(FR

IIIH

(

*

Faneuil Hall
Firft National

1

Prices nominal.

f

Ward

Fourth Nailcnal...lOi
10('
Fierman's
Globe
100
Hamilton
100
jHide & Leather ...lOU
'Howard
100
lot
Llnocln
Manufactiuers' ...100
Market
100
MtrketiBr ghtonj.lOO
Massathusetts ... 100
Maveiiek
lOO
loO
Mechan cs'
Mirchants'
100
Metroiiolitan

1<

Monuuient
Mt. Vernon
New El gland

100
10c
IcO;

100
North America.... 100
Old Boston
100
Nortli

iPeople'8

lOCi

Redemptiqn

100

Rockland
;Second National.
Security

J00[
lOul

'Republic
iKevere

shawmut

loo
80 iShoe & Leather. ..110
'id's Slate
110!
I1I6
I

,107>« Suffolk
100,
Tiilrd National.... 100

Ttadeis'

I

KlngPhilip(F.K.).llO 105
Laconia (Me.) .. ..00 540
Lane. .st'rM (N H.)400i 6u5
L'lel Lake .Mills (F
107
.)
Lawrence (Mass )I0Oi. 1500
Lowell (Mata )....«U0 580
Lowill Blcachery.ioi. 136
LowcU.Mach.SliOi).500 840
Lyman M VT»ss,) 00 66

100
100
100
100
100
!00

Everett

Exchai ge
Flist

.100
10(
10(

785

235 241
Great FallB(N.H.) HO
99 100
Hauillton (Mass )100' 997
1000
Haitf Caijiet (Ct.)lOO
97 >« 100
Hill (.Me.)
100
74% 75
Holv, ke W.Power 100 2 5
Jackson (N. H.)..l(jOO 897 1900
)....lio<

.

Coulimntal
Eatle

100
100
100
100

1

Gi'be Y.Mill»(F'.R.)lOOI

ICO

27 »»

MANtFACT'IINO.

lOi

Columbian

j

THUinriick

100

.-8»*

6%| 6
Ib^i 13
2H| 2^
25
4S3i! 44
2.^
12
14
1271. 130
2;

National

lot

Icily

25
2
15

Kearsage

100

Broadway
Bunker HiU

23

19%' 20
3t4 SOU

lioston
2.^
& Hecla...'^5
Cataliia Si.ver
10

Calumet

Boy!ston
83f Centrsl

2.1*
577s

BuiteA

Huron

3'i.5

SH

AJloiiez

100
100

10<'
stone
3 25 Boston National. lOd

2 75

BOSTON MI^ ING.

2('

Boston.

I

105

Yellow Jacket

7{i

3-25 Atlantic

40

100
100

Centennial
Central
FraukJin

1

3C
IP

i.Maiine
iMeclianlcs'

&.Miller

Phienix of Arizona
PlyuiouihCoLBol

iCitizeus'

Coin.

07

Lacrijsse

107
1550

100

,T emoiit

100!

Union
iWashiDgton

100
100
100
100

IWebhter
!WJuthrop
I

Brooklyn.
Brooklyn

66>9 Naft.'an

Boston bank (luotatlons are

15»

4B»

100 438
125
3t0
290
110
120
Micbanics
1(K) 178
Merchants' Nat'L.lOO 13219
St. Louts Natlmial.lOO 160
Third National... 100 120

i'outlnenal Nat'l.lOO
Franklin
10<p
'Fourth National. .UO
International
100
Laclede National.. ^00

12T

121
161V

122

San FranclNco.

A nu lo-Cii forn Ian
Bank (f C: f'.inia...

to

li

IVeur Orleanii.
270 •«
American Nat
108 111
I'll St Nal'10o:d...lO€
170
cf ( ommerce.lO
Pacldc
12% 1314
104 170k
21
159
Canal & Banking.. 1(
128 129
Citizens'
100 25
FIBK INSUR'CB
30
35
GemianiaNatlon'l.lOi 209 '212
STOCKS.
62>«
OermaniaSavinea.IOO
2S0
Rarilord, Conn.
'48
Hilieinia National.lOO 200
."Etna Fire
100 261 26S
Louii^iana Nat
120
100 190
Connecticut
100 128 13»
'96
i<8
Metropolitan
320
100 152 160
Haitfoid
lOi
128
Mutual National.lOO 130 ;i40
National
100 141 l'4'i~"
"16'
Orient
10^ New Of leans Nat. 100 665
94.
100 SO
3H
People's
Phicilx.
50
921s;
IOC 195
19a
13=8
State National
lot' 149
SieamBoler
50 100 109.
138
Traders'
New York.
eUi 9
133
Union National... 100 142isil44is Alllaice
75 104>
.1000
American
50 140 ISO
19<k Whitney National.lOO 270
170
Bowery
60 lOO
Kew York.
25
Ameilca
100
Broadway
135
112
221
2.i
American Eich'gelOO
Citizens'
t's"
84
160
20 112 11&
Aibuiy Park Nat.. 100
City
75
40
70 110 11»
Bowe y
100 305 310
Comiiionwealth ...100
70
SO
140 143
Broadway
25
.300 Coi t ncn-.al
100 230 245.
118 1'20
Butchei s'ADrovers'2.T 175
Eagle
189
40 230 24 O
114 114i« Ceutial National 10' 133 145
Empire City
80
9»
lOO
Exchange
76
119 120
Chase National
100 300
3i
90
iFairaguc
137 138
Cnuthaui
25 350
50 108 11&
110
.100 44t0 tOOOi File As-sociation. 100
90 100
Chemica
Iremen'c
202 205
City
100 500 1. ...
17 110 120
135
137
Citizen's
26
German-American 1 00 310 320
175
230
.IGeituania
50 170 ISO
1041s (5>« Columbia
124
100 205 [2ii8
Globe
60 110 IllT
124V Commeice
fireenwnh
Continental
1001 139
143
lc6
37
25 180
19!V
(iuaidian
10*'
99 ICO
50
Corn Exchange... 100! 245
SiV
lOOi 110
Hamilton
80
175 ISO
Eepislt
15
90
HauLVor...
5i
140 14T
127 128
251 IGO
East River
25' 150
Home
110 no's Eleventh Ward
100 145 ISO
100 1£(K 2000 Jcderson
135 13514 Fifth Avenue
30 100 ;10»
2(.0
Kings Co. (B'klyi) 20 165 |170
107 108
Flth Natiinal
;-:0
to
ICO 2OCO;
Knickeibocker
132
Ib'.iia FirstNalional
70
Lafayette (B'klyn) 50
75
SO
142 144 ;|FiistNat.of8tatenId..
115
60
'jFounienthSjtreet.lOii
160
iLibe.ty...
70
;
80
2;4'ji25S
130 131 iFouith National. .100 171 il73is' Manuf.iBiuldeis'lOO 100 110
135
..50i
290
Nassau
:i4o
115 !ll7 lUallat u National
(Brioklyu).50j
110' 200
60
10->4 lOSJj Garfle'd
Natloni,!
70
37»si
.New Yo;k Fire
T*
lOOl 65
103»i:iC4
ijerman Atiierioan..75 I'JO
Niagara...
122 |l2Zls German ExchangelCO 300
50l lt5 ilBiV
75
li O 270
'North River
25
80
130 1.01, Germania
PiicUc
113 ,115
25 ItiS 170
Greenwich
25 115
to
Park
100
70
110 118
100 340 360
Hanover..
.Peter Cooler
100 150
20 1.'5 160
108 109
Hudson River
Peojlt's
8S
)01i»ll02
50 75
Importers' & Tr...lOO 560 ftfO
Pheiiix (b'klyn)... 5c 145 [ISO
Irvinp
50 190 200
1021s 103
'25
120 130
2.0 •J(!0
Ru'geis
110 111
Li at her Maniifts 1 1
100 10»
istandaid
5'
100 200
iSO 255 [Lincoln
15' UO ,100
Sttiyvesant
14434115
Madison Siiuare...lOOi 97 101
United StattB
26 160 ie&
ISlii 153
'Manhattan
50 1.-7
193
Wcstehesier
...10 170 ,180
100 100>4 Market* Fulton.. 100 230
iWilllumslmig Ci y. 50 315 ;32»
25 ^l-i
i20 2i0 'Mechanics'
IMSUK136 138 jMcchanics' &Tr....25 275
ANlK ;>OHlP.
100 220
HO 170i« 'Mircantile
lAtlantx Mutual. 1880 1(3 ,103>a
1433i!l44
Mei chai t*'
50 158
160
103 «s 104
18s7
127'»128
Merihants' Eich'e.50 11;2 [130
104
1888
104>a
100
Metroiiolitan
«
114%|115
.,..
104i» 105
1889
Melropolia
100 350
luysiiTo
1890
105 106
100 300
12 144 Mount Morris
Cnmnrcl Mm ] «73-82l CO
65
60 260
170 170>4 'Murray Hill
60 170 i!""
130 1301* Nassau
240
Virk
100
149 150
New
250
PBICKS <IF I-XCHANGII
116
loo's iN»w York County.lOO 580
RlEiaBERSHIPS.
iiN.Y.Nat.Eich'ngelOo
220
*20,000 bli.
131 'si Nil, th National. ...100 160
N. Y. Block
131
20,000
Lastsale.Sept
99
70 ISO 195
Ogj^llSorth America
N.Y.Contol.Sl'K A Pet. SI Ob.. 329a.
30 150
127 12714 North Rivtr
300
Sept.
16
sale.
List
118 118'4 Oriental
25 200
800 «i».
Pacillo
50 160
'n. Y. Prodi ce
117%_ 119
775
17..
sale.
Sept.
Last
100 310 335
105^ I06 "Paik
5LCb., 600a.
l'.iO
N. Y. Co ton
|l20>si!People'8
6 2:0
6«0
Ust sale. Anr. 13..I
143 ll44 tiPheuix
26 143
478b.. 125a.
N. \. Cilice
124 1'25
rod lice Ex oh an gel 00 112 ,116
tOO
Aug.
sale
Lust
106 llOoHi ;R<publ;c
lOt 191
.-.'
--N. Y. Metal
100 160
114 114>s' Seaboard
aa
l.ai.t ea e, Auft 13..
Is 001 d National.. .100 325
R^IKst. tx. A At.c. K'ni ............^
Be. euth National .101' 135
155
'.?80
Last 81.1c. Atigi'St...
i'7'6'
500
iBhoe & Leather ... lOi IbO
Itl.OlO bia.
iflostouSiock
lOOi 120
190
iSt. Ncholas
1....!
19.800
Jute
sale,
Lust
....
100 112
420
ISaici'fN. Y
^,800 bid.
Ph Udell bla 81. ek...
112
iTbiid Nut onal... lot 101
ICO
2,6tO
La^l ale... ......
115
Tradesu.eu's
liO
10, 106
ChIc Boaid of Trade.
United SiKtes Nat lOOi 200
2tO
AD<r.
..I
Bi.le.
«.
1,180
Last
109
IWestern National.lOO 107
260
—
llii'b. Irt.Bi'kAMtt.'
100 200
'West Side..
260

145

Bank

I5ili

I

;

,

I

'i«

i

I

I

'

U»

[

j

[

!

!

;

I

I

I

[

'

I

'

.

1

I

'

'

1

'

I

1

'

I

1

i

I

,

.

.

I

I

MAHLNV

1

1

I

!

I

li

I

1

i

il

I

I

i

I

i'

'

:

.

I'

|i

i

—

[

1

1

lOOl

Fiist National

010
FulU.n
110
tlty National
1510 Commeiciai
58'i!
Ling IbUud
140
Maiiufrctureis'
845
Mechanics'...

St. Louia.
Bank of Com. 100 153

1

2-50 (Bank) I'15aitimore.l0(
3^G5 [Bank of Commeioe.l5

2^20

350

Horn Silver

111

Nat.

B.WK

40

.

Commercial

!

El Cbristo

Iron Silver...
Iron Hill

I

I

•16

Eiinka Coi »oI....100
Father Dc Smet. ... 100

Nonh

5^00

._

Philadelphia Nat'l.lOO 3i0
Seventh Natlanxl 100 1(2H
"
[Western National. .60

I

VHb 160

Denver City Con
Duukln

Mexican G.

i

17 "Vi»

Nat

Meehanlc*' Nnt'l

:

•40
3'40

4^50
2-70

Deadwcort

Frcelaud

1^90

2

100

.MaiJUfucl'rK'

NalBk.N.LIbertlM.80,
,Penn National
50,

I

1-80

3-35

Va

Cal. ifc
Pi.ini

Mono

Keynti.nc Nail..

;

•25

10(

CttUaonlaB. n....ioo

Cot sol.

(iirard Naiional.
Kenaington Nal'i

I

90

let

«1

FonrthHt. Nafl

,

275
110 115

Alice

Beat

(Juniin'Dweniih Nat.60
Fliai National ...

(

Cons
Auieiiuaii FluK

A(1hiii8

IJIROKAMCC 8TOCKS.

Phllndelplila.i
Bank of No. Aimr.ICO

i

50
40
f.O

60
100

1,

i

I

I

I

50
1f<t*

all

'

'

i

'

ex-^ivldend.

§ Quotations per share.

. -

—

.

1

THE CHRONICLE.

378

%nmstmtnt

[Vol. LI.
Latest Earnings liejmrtcd.

Bo ASS.

Weekorilo'i

1890.

1889.

Jan. 1

10

Latest Date.

1890.

1889.

AND
$

flailroad %nitllxQzncz.

Ga. ER. &B. Co.
Geo, So. &Fla..
ar. Rap. &Iud..
Cin.R.&Ft. W.

The Investors' Supplement, a pamxMet of 150 pages,
contains extended tables of tie Funded Debt of States and
Cities and of the Stocks and Bonds of Railroads and other
Companies. It is published on the last Saturday of every
other month— viz.. January, March, May, July, September
and November, and is furnished icithout extra charge to all
regular subscribers of the Chronicle. Extra coj>ies are sold
to subscribers of the Chronicle at 50 cents each, and to others
at $1 per copy.
The General Quotations of Stocks and Bonds, occupying
six pages of the Chronicle, are published on the tliird
Saturday of each month.

Other lines.

RAILROAD EARNINGS.
Latest Earninys Iteporled.

EOADS.

Weclc or Mo

1890.

1889,

Jan. 1

to

Latent Date

1889.

1890.
I

I

Alab'ma Miner'!' August

20,732

AllegneuT Vai.. July
Atch.T. &S.Fe. 1st wk Sep
Half owned ... Ist wk Sep
Total system. 1st wk Sep
Bt L. & San F
Ist wk Sep
Half owned-. 1st wk Sep
Tot.S.L.&S.F. Ist wk Sep
AKg. total .. 1st wk Sep
Atlanta & Char. July
Atlanta & Flor'a August
Atlanta & W.Pt. August....
Atl. & Danville- August
.

.

B.&O.EastLlne.'^ August

Western Lines August
Total

August....

Bal.&O.Soutbw. 1st wk Sep
Bait. <V Poiom.'ve July
Beech Creek
July
Bufl.Rocli.AFitt

adwkSep.

Bur. C.Rap. &N.

l,st

Burl.
Burl.

&

&

wk Sep

Nortliw. August

Western
Camden &Ati.
Oanadian Paeitlo
Cp.F'r&Yad.Val
Cen.KR.& Bg.Co
.

July
2d wk Sep.
August...
3d wk Aug
July

.

N.Loudon Nor Wt Aug 30
Ogd.&LakeCh WkAugSO

Tot. system. WkSept.13
Char.t'in.A Chic June
Charlest'u & Sav July
Char.Sum.&No. Julv
Chat.R'mc&Col. August....
Chatt'u'ga Uni'u Ar.gust
Cheraw. & Darl. July
Cbes. & Ohio.... 2d wk Sep.
Ches.O. &S. W. August....
Cnes. & Lenoir July
Chic. & Atlantic. 4th"wkAug
Chic. liurl. & Q. July
.

111. '2A wk Sep.
Chic. Mil. & St.P. 2d wk Sep.
Chic. AN'thw'U- July...
Chic.Rockl.&P. Ai guat
Chic.St.L.&Pitt. June ..
Chic.St.P..SiK.C. 1st wk Sep
Chic St.P M.&O. July
Chic. &\V..Mich- 1st wk Sep

Chic.& East.

Chippewa Val

August.

. -

.

Cin. Ua. ii Ports. August...
Cin. Jack &.Mai-. 2d wk Sep.

Cai.N. O. &T.P. 1st
Ala.Gt.South. 1st

&

wk Sep
wk Sep

wk Sep
wk Sep
wk Sep
wk Sep
Cinn.Northw'u. August
Ciu.VVali.&Mich.llst wk Sep
N. E. 1st
Vicksl)- let
P. ist
Eriauger Syst. Ist
N. Orl.
Ala.

&

Vicka. 8h.

&

Clev.AkrouikColUth wkAug
Clev. & Canton. .{July
~ ~ - - I St '^vk Sep
Cl.Cin.Ch.&S.l
Peo. ii East'u Ist wk Sep

Clev. & Marietta August
Color. Midland. lst\vk Sep
Col. H. V. & Tol. August

Colusa
Covin.

it

Lake

August
„

& Macon. lAugu.st..

Day Ft. W.ctCh..' August
Deny. & Rio Gr. :2d wk Sep.
Des Moin. & No. August
DesM. AN'west August
Det.BayC.<&Alpi3d wk Aug
I

Dct.Laus'g&No Ist wk Sop
DuluthS.S.AAtl 2d wk Sep.
June

B.Tenn.Va.&G,a.
Knoxv.& Ohio
Total .system.
ElginJol. VEast.

June
1

1st

wk Sep

July

Eliz.Lex.&B.S... August

Empire

.VD'hlin' August

wk
2d wk

Evans.&Iud'plis 2d

Evansv. & T. U.
Fitchburg

1

1

59!>.i)87

28,177
628,164
1

2-1,42 j

27,48!)
155.!)1J

784.078
124.123
io,n-."j

34..5S2

45.850
704.809
499..">5y
204.42,-i

57.M17
142,9.'35

81,008
47,247
73,719
5,721.

August

Central of N. J
Central Paciflo .luly
Centralof S.C.. July
Centr'lVerm'nt. WkAugSO
. .

231.(!64

Sep.
Sep.

uly

Flint.&P. Marq. Ist'wk Sep
Flor. CVui.A: P. 1st wk Sep
Qa. Car'la & No. July

5,852
122.004
377.000
44,639
141,826
317.759
451,849
8.026
79,980
15.834
18,081
102,425
9,045
41,412
5,8<J9

32,047
10.183
6.563
159.268
209,629
6,062
72.833
,721,399

69,40D
621 ,000
,461,128
,540,758

500.607
102,538
539.926
30,873
19,847
6,717
13,912
88,777
30,813
20,039
10,754
10,045
160,428
1,841

12,425
24.879
51.050
248,087
32,709
32,169
38,736
274,952
3,458
10,659
42,814
180,300
11,501
22.079
9.014
26,284
57,103
514,413
53.944
179.977
46,992
81. 04-1

4,360
6,519
22.3.^6

533..300

51.904
20.467
3.341

16,667|
211,9781 1,431,163' 1,304.343
i29,372 20,1,-13,760, 16,364,256
990.807
26,878i 1,092.951
556,250 21.248.710, 17,355,055
126,413 4,174,506 3,760,590
1

26,205
152,618
708,869
112,281
4,963
31,801
39,052

930,455
74,629
280,350
327,308

53,809 1,559.669
125,232
972,051
75.742
574,296
33,809 1,468.602
69,023 ! 2,003,342
9,684
38,822
7,019
39,117
107.678
430.342
369.000 10,588.266
30,016
335,786
124,142 4,870,904
,312.597 7,379.779
,484,030 8,333.045
6,640
67,857
76,811
15,612
17,273
503,287
96,834
66 902
3 9', 537
408,705
1,866
31.64
24,946
235.232
9,910
76,339
5,344
54,421
134,370 5,304,439
204,569 1,329.230
5,770
40,201
70.183 1,801.732
671.746 10,65H.424
57,700 2,149,167
605,648 17,297,975
!.207.57;) 14,674,S1&
!,

822.051
50,570
237,851
234,360

1,401,399
912,6,t5

433,900
1,369,619
1,847,099
42,252
37,271
381,873
9,847,522
247,569
4,362,184
7,352,998
8,601,928
57,884
437,702

363 204
16 337
163 714
71 925
43 Oil
4,OS0 046
1,320,,133

40 337
1.431 037

18,018 273
1,802 725
ld,483,.175

13.378 363
,712,710 10,80;).20' 10,381 ,430
375,313 3,208,966 2,667, 321
92,970 2,903,406 2,044, 405
507,594 3,345,589 3,246: 685
23,.580 1,057,274
921, 844
19,986
6,910
41,619
41.302
15.458
475,991
419.038
72.732 2,953,48'
2,515.529
33,698 1,283,103 1,207,360
16,529
833.934
643,4,0
433,487
9,099
357,372
8,271
371.060
352,548
140,239 5,877,071 5,078,279
1>283
13.151
11.441

18.8971

1.299

August....
2d wk Sep.

2d wk Sep.
2d wk Sep.
2d wk Sep.

..

all lines.

8,321
4.308
63,181
421, 85<
75,382
30,730
27,201
3,249
147,691

Uraud Trunk. .. iVkSept.ia
Chic &Gr.Tr- Wk Sept. 6.
Det.Gr.H.&M Wk Sept,6.
Gr. B. W, & St.P. June
Gulf

& Chicago.

.August....

Housatoni<!

July

Humest'n&Shen August-...

19,00(1

1,095,229
July
Cedar F.&Min. JiUy
8,678
1.50.2.58
Dub. & Sio'xC. July
Iowa Hues
158.93(!
July
Total .all.... July
1,254,165
[nd.Dee.&West- July
42,213
tnteroc'nic (Mx) July
121,000
Iowa Central... 2d wk Sep.
38,996

Ul.Cen.(Ill.&So.)

2.630
30,091
7.384

Iron Railway... August....

Pk'uv.T.&K.Wi/ July

wk Sep
wk Sep
K.C.F.S. &Mem, 1st wk Sep
K.C.Mem, ABir. Ist wk Sep
Kentucky Cent. August....
Keokuk & West. 3d wk Aug
Ktngst'n &Pem 1st WkAug
Kuox.C.G. & L.. July
Knox, & Lincoln June
L, Erie All. & So August...
L. Erio& West*. 2d wk Sop.
Lehigh & Hud. August....
L. Rock & Mem 4thwkAug

Kanawha&iMich
Kan. C. CI,&Sp

1st
Ist

Long Island

8.55

93,895
21,172
113.978
8,395
3,439
11,039
19.523
6,772
62,548
35,717
l<i,930

512,536
24.973
33.445
381.840
58,474

August....

Louis, & Mo. Riv.

June

wk Sep.
wk Sep.
Louis.N. A&Ch. 1st wk Sep
Louls.Ev.&St.L. 2d
Louisv.&Nashv. 2d

390.348
548.562
297,423
8,728,446

356,534
482,511
232.365
8,323,767

200,339
1,271,883
1,835.216
15,312
87,876

170,694
1,106,168
1,562.159
16,013
59,942

321,24'
5,861,870
71,122
136,526
350,668
803,444
1,588,551
3,184,008
326,579
4,912.722
318,766

319,646
5,323,91b
39,769
112,783

339,489
732,05.;

1,361,242
2,604,178
278,998
4,010,961
129,776

"8.444

24.193
202,419
715,405

209.807
635,214

3..305,(»76

3, l(i8.009

2,02 1 .943 1.619.470
753,227
793,2161
33,146'
17.530

981.392
99,304
891,855
438,958
28,721
179,208
45,455 1,803,542 1,612,775
327.051
313,000
7,745
3,829
132.704
142,903
57,029 2,343,300 2.068.678
450,612 13.070, lOli 13,592.310
76,961 2,541,2^2 2,370.429
22,727
743,029
684,955
23,181
171,046
135,414
3,496
27,713
27.015
118,192
862,698
635,990
101,389
15,551
89,356
1,092,491 7,800,s27 7,523,323
6,984
,50,576
50,826
130,625 1,018,216
914,147
137,609 1,068,792
964,973
1,230,103 8,869.019 8,488,296
248.52^
208,819
30,7c6
70,253
912.402
570,657
35,853 1,093.631
987,075
3,364
21,612
27,930
28,204
342,018
318,294
220.218
5,677
182.985
5,639
266,780
174,536
92 ,01)4 3,203,506 3,125,978
19,808
781,515
638,877
112,066
689,19:
656,373
8,070
213,951
203.700
100,183
2,934
113,611
14,316
97.128
43.852
5,170
61,361 2,104.350
229,778
29,627
11,602
337.280
473,728 2,(>19,967
36,949
190,845
27.872
869,273
381.717 13,148,364
58,.556 1,712,218
7,706
1,141
48,909 1.822,325
268,013
6,678
32,678
2,812
60,315
32,359 1,222,478
126.623 4.303,193
65,664 3,568.027
84.892 2.680.323
,145,443 8,036.704
80,232 2.069,878
28.535 1,069.834
9,510
78,711
127.715
894.130
118.039 1,276,894
6^3,910 5,196,412
224,767 2.140,636
234.153
328.640 2,406,471
13,965
1,446
147.137
23,530
92,655
12,291
3,400,985 23,580,299
2,538,440 16.228,501
578,.576 4,0l-,567
492,069 3.327,200
334.824
60,743
43,398 1,540,388
800,16u
140,301
141.911 4,900,016
424,575
35,694
543.^04 3.836,834
527.016 13,129,083
94,863 2,781,847
144,919
21,543

76,888
39,467
1,937,1,51

180,084
367,698
2,353,002

192,297
791,100
12,1'.!5,012

1,621,170
6,696
1,167
60,346
1,705,168
8.175
43,131
10.117
Memphis & Chas IstwkSep
47,155
1,114,829
121.332
IMexicanCeut... 2d wk Sep,
4,311.424
(Mex. National 2d wk Sep.
69,73
J. 568.447
2.820.121
tMexican R'way \VkAug.30
82,590
7,378,443
1,193,761
Mich, C. &C.SO. .Tuly
Mil.L.Sh.&Wosi 2dwkSep.
2,400,607
89,191
612,152
Milwatikee &No "d wk Sep.
33,250
71,340
MiueralKange.- August...
12,510
839,569
Uinncap. «&St.L. .August.... 119,239
869,783
169,000
M.St.P. & S.S.M. August....
4,587,104
Mo. Kan. & Tex. August.... 719,152
Mobile&Ohio.. August.... 291,933
1,907,815
Monterey&M.G July
45,235
2,292.750
Nash.Ch.&St.L. August.... 355,668
14.852
Nat. Rod R. & T. July
2,140
130,993
26,666
N. Jersey iiN.Y. July
105.030
New Orl. & Gull Auiust....
9,748
23,133.049
2,843,522
N. Y. C. & H. R August
14,735.022
...2,504.124
S. Y. L. E. &W. July
616.049
3,493,768
N. Y. Pa. & Ohio July
3,091,177
528.903
N. Y. AN.Eng.. July
...
388,330
48.907
N. Y. ANorth'n. August....
1,338,820
54.696
N. Y. Ont. & W.o 2d wk Sep.
741,233
149,799
N,Y. Susq.&W.. JiUy
4,110,241
167,394
Norfolk & West. 2dwkScp.
363,809
37,662
N'theast'n (S.C.I July
..
3.2,-)9,10o
579,890
North'u Central. July
14,094,813
Northern Paeiflc 2d wk .Sep, 538,525
2,64.5,218
OhioAi Mi.s8
l-stwkSep 105,076
137,238
25,031
Ohio & Northw.. August....
b,18i
1,181
7,457
Maysv.
977
Col. &
August....
444,968
373.901
16.641
16,228
Ohio Kiver
1st wk Sep
323.895
40,185
339,854
47,169
Ohio Southern
August ...
144,603
97,463
7,441
6,360
Obio Val. of Ky. 4th WkAug
263,374
3 16,378
42,612
42,024
Omaha ifeSt. L.. July
457,373 413,591 2,490,121 2,400.440
Oregon Imp. Co. July
5,374.466 5,241,674 37,332,979 33,245,912
Pennsylvania .. July
532,8341
506.203
16,025
10,174
PeoriaDec.&Ev. 2dwkSep.
329,1371
288,644
45,207
36,076
Petersburg
July
:.
454,807 481.758 2,801,024 2.442.494
PhiUa. & Erie... July
11,810,983 1,804.311 11,502,510 10,274,181
Phila. & Read'g July
11,795,841 '2,007.416
Coal & Iron Co, July
477.4761 369,539 3,0O!>,85Ol 2,631,866
Pitt8,Cin.&St.L June
23,9851
13,534
2,077
3.118
Pitts. Mar. & Ch. August
832,128
799.908
123.989 120.399
Pittsb. & West'u July
273,726
43.698
287,089
39.715
Pitts.Clev.&T-'July
158.2831
169.147
24.612
26,984
Pitts. Pain. <feF. July
39.1 96 1,545.844, 1,539.092
44,671
Total sy.steui 2d wk Sep,
802,080
626,176
120.361
1 30,906
Pitt. Yoving.&A.: July
185,422!
21,271
173,297
19,634
Pt. Royal At Aug. July
219.9561
19,609
198,858
25.203
Pt. IvOV.At W.Cai July
73,874|
75,046
13,957
9,149
res.&Ariz.Cen. July
157,5241
22,381
20,704
160,735
Quincy 0,& K.C, August
472,670 428.100 -3,753.998i 3,464,363
kich.&DiVuyille. August
204,500 184.700 1,483,189' 1,349,114
Vir. Midland. August
69.068
584.606
75,450
557,789
Char.Col.tfeAu. August
525.621
56,038
439,617
59,000
Col. & G reenv. August
613,961
575,702
81,700
73,636
Car.
August
No,
West.
854,872
167,400 123,080 1,212,969
August
Georgia Pac
92,452
17,8.50
15,852
77,874
\V..lA>igust....
Wash.O.ct
12,190
9e,079
77.104
13,950
Ash V. & Spart. August
8,644,203
241.510
7,637.945
282.325
Sys'm.
wk
1st
Sep
Total
204.2431
23.039
169,402
27,866
Elch. & Petersb. July
990,016
33.650 1,21.5,867
37,450
Rio Gr. West. |2d wk Sep.
320,903 281,379 1,871,487 1,539,283
Elome W. & Ogd. June
66,115
72.950
11,746
11,328
Sag.TuscolaA'H. August
833,437
685,013
21 ,962
27,550
8t.L.A.*T.H.B's Ist wk Sep
2,540,743
2,181.172
73,374
78,807
St.L. Ark.&Tex. 2d wk Sep.
896,339
765,237
134,935 131,204
St. Paul & Dul'th Augiist
720.872 645,182 5.357,238; 4,581.783
8t P.Min.& Man. August
381,379
206,126
42,174
67,458
East, of Minn. August
690,502
536,782
82,983
101,034
Mont ana Cent. August
889.384 770,340 6,429,120 5,324,693
Total Sys'uk August
794.590
35,424
1,015.789
48,337
B.Aut.&Ar.Pass 1st wk Sep
493,750
499,085
28.168
3 ,451
B. Fran.&N.Pac IthwkAug;
2:0.853
77,272
10,342
36,01
Sav, Am, & Mon, August
287,4391
183,067
6.785
9,510
Seattle L. S, & G, 2d wk Sep.
380,8531
353.899
53,511
58.684
6ciotoVal.*N.E. July
580.329
834,004
123.0O0' 100,164
Snenandoah Val August

N.A&Cor, July
Louisv.N.O. &T 2d wk Sep
St.L.&Tex.
Lou.
2d wk Sep.
Louisv. South'n. July
Lyuchb.&Dur'm August....
Louis.

,668,101 12.139,312 10,817,1.33
465,683 3.538.844 3,187,778
,133,784 15.678,156 14,004,932

12,400
24,193
36.882
256,24
30,849
24,020
31,279
239,914
4,503
7,020
50.111
167,000
6,774
22.242
8.820
21,831
51,903
432,661
40,110
1 1 6,959
20,676
80,208
1,468
7,176
21,351
522,624
44,480

Total

120,016
69,931
50,552

July

.

.

.

,

!

'

.

. .

.

]

1

...
.

Skftbhorr

1

'

Eamlngi

Rtporltd.

Jan. I

to

ROADI.
Week or Ho
Boiiili
Bpiir.

1880.

ISOO.

»
119.960

Cnrollna (Aiisfiist..
A Col.ljuly

ITii.

LaltU Datt.

1800.

Wcit.. .Inly

I.oiLl»"ii

Mormiu'sLAT.

.IiilV

N. Y.T..tMe.t.i.luly....
Ti'X. A N. tlrl. July....
Atlnntio iiy»'m .Inly
Paolflc sysioui .Iiilv
Tot^lof nil.. July....

..

80. I'ac. Kit.—
So.Oiv. (Cal.rJiily....
So. Uiv. (Cal.lJnly....

•

I

0,039

08,079
7,845

0I7,8.V2
07,833j

312.322
8^,237
363,420
15.130

280.574
8S,02H
366,403
14,302

2,260,360

l.Vi.HlO

HT.ieo

821.513
03,0^'4

2,H(I2,I!I3

2,081,021
57^,762
2,753.323

0H,7'^l

7!».053

.0.!«,!».52

H<)(;.5.%0

0-.;(j.«s2

1

I.ykdin Valley '.Iiiiy

T«:.A CoinaVtl.lAuKUnt....
Tenn. Midland.. August
Texai A Caomc. ,2(1 wk 8ei).
Tol.A A,*ll.lt.!'Jdwk8oi).
Tol. Col. ACIn..llst wkKop
Tol.A Ohio Cent. 2d wk Sei).

Tol.AO.On.Er,

A

AuKiist....

We»t..iisl

wkHep

Tol.St.I,.AK.C.2dwk8ep.
Tol. ASd. Haven

I

Ulsti^r&Del
Union PaoiHc—
Or. 8. L.

August.
July

.

.

.

A U.N.I July....

Or.Ky.&N.Co. JiUy
St.Jo.AG'dltl. Ist

wk Sep

Un.l'ac.D.AG. July
All otb. line*.. July
Tot.lI.P.Sy*. July
Cent.Br.AUL. July

935.036 8y7,B7( r..!lll.'.)l
3.14:i,fts3 3.128,458 1^,731. 1(
4,070,519 4,OJ0,134 25,016,08

6.3SS.707
H.M.IS,2I2
25,286,910

246.291
580,546
130.436
70,764
130,500
13.439
06.110
93.935
6.132
18.236
H(i,9U«
21,530
5.913
30.515
S.112
21.052
29,050
2.744
47,840

234,203
527,201
128,176
69,587
127,151
11.285
98.389

54,570
5,404
18.241
117,635
18.041;

4.065
28.227
8,070
21,228
27,878
2,395
42,276

699,208
464.549
25.661

1,216.1.58
3,611,(110

1,151,802
602.767
690.391
26.209
55!>,574

1,182.465
3.487,564
1,064,913

5^4,4)0
661.397
22.21(6

4,.509,103

679,883
457,278
43,153
1 15,986
4,167,647

809.034

653.i)30

555,440
51,885
133,170
20,-l.517

162.,501

1,000,502
6S,735

816.256
63,170
602.029
674.002

618.585
1,052,554
16.869
199,632

13,i(39

167,408

650,464
404.824

4,222,829
2.330.914

3,500,201
2.371,933

29,48!)

it9l),261

785,678

527.rt02
397 2^7 3,16<i,308 2,397.913
2.030,31 K 2.038,254 13.162,303 11,56!.<,396
3,837,36213, 573;627 23,739.112 20,477.974
68.14!)
52,477
050,2711
3S2.273
3,903,511 3,626,105 24,38!),383 20,860,247

Tot. cout'led .July

Montana Un.. July

86,831

59,462
2,408
2,614

515,174
16,0M1
19,621

403,605
Leav.Top. A 8. July
2,157'
16.326
Man. Al. A Bur. July
2.66]
18,176
JoiDt,owu'd.i-2 July
275,8'i.x
45,8241
32 287
219,053
Orand total. July
3,049,335 3,658,392 24,065,27(1 21,079.299
Tormont Vallev July
19,49
105,54:!
19,832
102,543
Wabaaa
2d wk Sep. 232,700 293,600 8,915.922 8,731,5.50
Wi«t(Tu of Ala. August. ..
42,018
330.154
38,205
315,816
Wi!»t Jersey
July
201.812 191,052
902,514
820,162
W.V.Cen.AHtU. July
88,037
612,516
72,836
417,410
Wesi.N.Y. A Pa. 2dwk Sep.
66,100
85,8(10 2,492.472 2.366,232
WheeliuKAL. E. 2d wk Sep.
22,154
805.387
19,175
615,103
Wil. Col. A Aig. July
56.9rt6
49,451
540,867
489,1J5
Wisoonain Cnnt 2d wk Sep.
109.885 107.215 3,515,711 2,8U,S25
Wrightav.ATen. July
6.210
47,413
5.989
42.048
* Ft. Wayne Cln. & Louisville Included for both
ycai-s since July 1.
a New coal extension operated since July 21 in 1890 and Utiua Clinton A Bing. Included for both ycarj since July 1
I

t

Mexican currency,

g

Main Une.

Forty- three roads have thus far reported for the second
of September, and the increase reaches 4'06 per cent.
2rf

week of September.

'

1890,

week

A

Pitts.

...

Canadian Pacific

*Cent. V(^riuoiit (3 roads)
Clie.fnpeake & Oblo
& East, niinois..
.Mil. & St. Paul..|
Cincinnati Jack. & Mack.

A Indianapolis..
A Terre Haute

t.657

Ft.

28,754

1

I

A St. L.
A Nashville...:
Louisville N. O. A Texas.!
Louisville St. L. A Texas.
Louisv. Evansv.

>

liOalsvllle

Mexican Central
Mexican National
Milwaukee L. Sh. A West.
Milwaukee « Nor. hern..
Mew York Ont. A West.
Norfolk A Western

5,291

.

Pittsburg A Wettem
Peoria Dec. A Evans

149

Rio Grande Western
Loui» Ark. A Texas..
Seattle I,. 8. A Eastern ..
Texas A PaciUc
Toledo Ann.A.ANo.Miob.
Toledo A Ohio Central
Toledo St. L. A (Can. City,
Bt.

. .

Wabash

(consoir svstom).
We-itern N. Y. APenn...

0,900
19,700

Erie...

Wisconniu Central
Total (43 roads)

65,097

Het increase (4 06 p. c).
' For week ending September 13.
The final statement for the first week of September shows
8 '94 per cent increase on 87 roads.
1»< Kcek of /September.

1890.

Prev'lyreport'd 46 roads)
At, Toj>. A: 8. F. system
. .

Roads J'tly owned

'o..

& S.
J'tly

*«

fc Roads

Fran. sys.

owned

25M.247
30,1 i 9

"i'.«i(M>

Total (87 roads)
Net Increase '8 94
"

44. 4 '^O

.

I

59.:i>9

5

.

•,

.

.

63

J

3J.3.59

14,706

16,228

413

211,510
29.IH0
21.062
35.121
4.965
21,228
7.253,913

40,815
12.913

948
176

6,658,009

062,095
999.904

«.

a comparison of the weekly
weeks past.
WEEKLT OaOSS EARinXGS.

series of

—

.

included.
let week of June
2d week of June
3d week of June
4th week of June

week

of July

2d week of July
3d week of July
4th week of July

week of
2d week of
3d week of
4th week of
Ist week of
2d week of
Ist

e6,59X

will furnish

Period and number of roods

Ist

3,938

"5.588

p. c.)..

The following
a

7.424
1,570
1.687
2,918
1,801
1,36 (
2,993

18.807
5,677
5.630
02.00
19.808

For week ending September

results for

fi,iao
7.4,57
8.(M>0
6:l,<iHi

iTiiio.vi

Ohio River
Rich. A Danv. (8 roads).
St. Joseph A Or. Island.
8t L. Alt. AT. H. Brchos.
San Antonio A Ar. Pass
Toledo (;ol A Clnciuiiatl.
Toledo Peoria A Western

Aug.
Aug.
Aug.
Aug.
Sept.
Sept.

1890.

9

Increase.

Amount.
*

1889.

9

(85 ro»d«). 6,085.005
(83 roads). 6,148,053
(83 roads)
6,062,715
(86 roads)
7,358,712
(85 roads). 5,901,211
(86 roads). 6,207,527
(83 roads). 6,465,112
(88 roads). 9.199.930
(89 roads)
6,725,583
(89 roads). 7,303,921
(88 roads). 7,095,002
(88 roads). 9,804,371
i87 roads). 7,253,513
(43 roads). 4,696,547

—

P.et.

10-65
652,805 11-89
9-97
549,637
7-73
523 399
9-21
487,766
9-36
531,461

5,499,500
5,405,248
5,513,073
6,830,313
5,403,445
5,676,066
5,845,386
8,313,137
6,259,2,3
6,663,282
6,731,056
0,577,831
6,658,009
4,513,497

5S5,.509

619,726 1000
886,793 10-88
7-45
466.300
640,639
9-6l
363.916
541
2-99
286.540
595,.50l

8-94

183,050

40S

Net Earnings Monthly to Latent Dates.— 77ie following
shows the gross and net earnings to latest dates of all railroads
every road from which

we can

The compilation indttdes

get returns of this character,

article

on net earnings

9
4.6«4.537
599,987
28,177
128.425
27,489

1889.

Increase.

Decrease.

$
4.351.351

36.5.012

529,372

70.615
1.299
5.012
1.284

26,878'

126,413
26.205

52,726

—say on or about the 20th

of the month.

—

Gross Earnings.
1890.
1889.

,

•u

Allegheny Valley... July.
231,684
211,978
Jan. 1 to July 31 ... 1,434,163 1,304,345
Anniston A Cincin. July.
11,531
7,562
Jau. 1 to July 31...
75,335
55,262
Atoh. Top. A S. Fe. July. 2,417,786 1,941,677
do.
J'tly owned, Ca).
131,669
110,461
Total
do. 2.540,455 2,052,138
do.
555,173
506,577
St. L. A San Fran.
129,260
J'tly owned (»2)
do
684.733
611,481
Total
do.
Grand total.... do. 3.234,188 2,666,619
Atch'n.Jan.l to July 31. 16,910,284 13,626.422
935.868
854.520
J'UyownedCa). do.
do. 17,846,151 14,480,934
Total
do. 3,451.351 3,061.333
St. Louis A San Fr.
42,331
36,136
Atlantic A Danvllle.July.
281.458
195,314
Jan. 1 to July 31 ...
Baltimore A Ohio—
LlnesEastOhloRiv.Ang. 1,704.869 1,668.101
Jan. 1 to Aug. 31. ..12.139,312 10.817.153
Oct, 1 to Aug. 31. ..17,029,013 14,732,714
499,559
46,5,683
LincsWcstOhloRlv.Aug
Jan. 1 to Aug. 31... 3.538.844 3.187,778
Oct. 1 to Aug, 31... 4,992.037 4,401,051
Total System
Aug. 2.204.428 2,13:1.734
Jan 1 to Aug. 31. ..15.678.156 14.004.932
Oct. 1 to Aug. 31... 22.021.080 10.223.705
194,0-<6
164,821
Balt.&OliioSouthw.July.
Jan. 1 to July 31 ... 1,28',532 1,13'*.211
125,232
142,955
Bait. A Potomac.
.July.
012.6.55
972.051
Jan. 1 to July 31...
1 72.832
202,406
Buff. Roch. A Pitts. JiUy.
Jan. 1 to July 31... 1,178,111 1,117.605
217,7-20
237,161
Burl.Ced.Rap.ANo.July.
Jan. 1 to July 31... 1,614.527 1,495.32S>
.5,297
5.852
Burl. A Northwest. July.
33,^68
33.102
Jiui. 1 to July 31...
5,204
5.312
Burl. A Western... July.
30,'252
33,265
Jan. 1 to July 31 ...
107.678
122,001
July.
Atlantic.
Camden A
381,873
430,312
Jau. 1 to July 31...
.

Northt3rn PaciUc

St. I-ouis

26.189

Chic...

,

Grand Trunk of Canada..!
Iowa Central
Lake Erie A Wfstern

A Lake

140.2:10

Kan, City CIlu. A Sur....
Kan.City Ft. 8. AMeiQ...
Kansas C Mem. A BIrm
Lake Erie A Western

A

I,iV79
io. i>\<

31,2:t_>

East TonnosiWM! Vft. A Oa.
Flint A I'er© Marquett*..
Floiiila Central A Peniu.
Kanawha A Michigan.

RoadJi.

W..

Other lines

Wheeling

A

Colora<lo Midland....
•Detroit Gr. 11. A Mil...

Louisv. N. Alb,

4,094

02,((7<l

P. (5 road!.).
Cleve. Cln. ('hlc.
St. L.
Peoria .1- Iva-'liTn

Memphis A Charleston.

4.<i08

711, 161

NO. AT.

Indiana.!

R A

53,«09
60,O25

.

Dttrtaie.

i

are brought together here in the week in which W3 publish

I

Cincinnati

Ohlofloiithw...
Burlington C. R. A No.
'Chleaxo A (irnnrt Trunk.
Chicago Ht. P. A K. CItv
Oln,

tntrtnur,

•

A

our monthly

Denver A Rio Grande ...
Dulutb 80. Sh. & Atlantic'

Grand Rapids &

1889.

and in that form is given once a month. Early returns are
published from week to week, as soon as issued, but for
the convenience of our readers all tlie roads making retumt

I

i

Cblcaco
Cbicago

Evans.
Evans.

1800.

furnishing monthly statements.

Decrease.

i

Buffalo Roch.

.September.

.

July
" "
New M<ii. Dlv. July
Btatoii I. Kap.T. AuKust
SlouuyOI.ACMt. July
Buriiiiilt llranoh. July

Tol. P.

Ul week of
Bait.

I

Arlzciiia Div..

.

879

1889.

80. I'nrliloro.—
Ciiil.l!iii-.&S.A.'jiily

1

..
.

THE CHRONIULR

?0, 1890.]

Lateit

. ..

. .

>—)fet Earnings.1890.

$

1889.

»

114.022
81.911
599,548
532,692
2,585
1.712
26.461
14.361
450.289
575.551
13.206 def. 1.591
588,760
448,603
254.030
244.301
15.416
269.446
2441855
858,206
693,551
4,861,488 2,918.863
124,8;J7
6.816
4,986.326 2,925,673
1,374,832 1.260.99S
1,020
15.261
91,860
87,981
616.141
7,50.010
3,789,110 3,564,923
5,689,168 4,844,320
133,3.50
164.382
545.353
489.305
874,2-^4
823.971
914.S93
770.401
4,278.415 4,110.28a
6,563,752 5.668,291
45.032
6l.3Stl
428.71(5
42,35.1

230.114
5-i.311

405,081
31,915
363,917
3.114
12.336
def. 110
del. 6.261

46.530
57.343

291,429
28,153
218,57S
S7.385
298,036
34,270
342.983
3.008
13.353
(Ml
def. 2,014
43.805
62.474

..

..
..

THE CHRONICLE.

380
Orots Earnings.

,

1890.

$

Roaat.

.

,

1889.

*

Canadian Paciflc... July. 1,489,446 1,375,528
Jan. 1 to JulvSl... 8,401,265 7,745,022
Cape F. & Tad. Val. July.
42.581
27,243
Jan. 1 to .July 31....
217,553
291,127
'>05,957
Centralof Georgia. July.
581,801
Jan. 1 to July 31 ... 4,467,453 4,009,461
CentofNewJersey.July. 1,317,759 1,312,597
Jan. 1 to July 31... 7,379,779 7,352,998
Central PaciBc
July. 1,451,849 1,484,030
Jan. 1 to July 31 ... 8,333,045 8,601,928
Chatt Roma & Col.. July.
31,000
22,899
10,263
Chattanooga Unlon.July..
11,808
62,015
Jac. 1 to July 31...
66,356
585.437
-Chesapeake & Oliio. July.
643,663
Jan. 1 to July 31... 4,251,610 3,181,433
181,050
dies. Ohio & South.July.
186,186
Jan. 1 to July 31 ... 1,119,621 1,121,864
Oliioago& Atlantic. June.
199,122
160,439
Jan. 1 to June 30... 1,354,627 1,031,617
July 1 to June 30... 2,679,508 2,180,623
Chic. Burl. & North. June.
149,107
141,861
Jan. 1 to June 30...
903,476
932,295
Chic. Burl. &Quin. July... 2,721,399 2,671,746
Jan. 1 to July 31... 19,658,424 18,018,272
Chic MIL & St. Paul. July. 2,149,068 1,977,398
Jan. 1 to July 31... 13,763,475 13,086,316
Chlo. St.L. & Pitts Aug.
Increase
63,562
Jan. 1 to Aug. 31... Increase
699,608
Chlo. & West Mich. July.
137,263
116,469
Jan. 1 to July 31...
885,672
785,661
CSn.N.O.&Tex. Pao.JiUy.
340,194
328,076
Jan. 1 to July 31 ... 2,460,309 2,076,703
New Orl. & N'east.July.
71,444
83.307
Jan. 1 to July 31 ...
730,502
556,520
Alabama & Vicks. July.
41,468
40,453
Jan. 1 to July 31 ...
371,502
306,068
Ticks. Sh. & Pac. July.
41,058
39,718
Jan. 1 to July 31 ...
311,945
297,727
Clev. Akron & Col.. July.
71,710
60,463
Jan. 1 to July 31 ...
4,73,403
416,538
Clsyel'd & Canton. .July.
51,050
36,882
Jan. 1 to July 31...
297,423
232,365
C»6V. Cin. Oh. & St X. July. 1,036,194
943,213
Jan. 1 to July 31... 7,366,914 6,936,669
Olev. & Marietta
June.
27,731
23,104
Jan. 1 to June 30...
142,053
125,263
Col. H. Val. & Tol. June.
238,991
204.231
Jan. 1 to June 30... 1,290,793 1,109,410
Covington & Macon. June.
9,545
5,911
Jan. I to June 30...
65.495
44,987
Ft.W.&Cliic.
Dart'n
July.
40,068
39,485
Jan. 1 to July 31...
278,433
269,535
Denv'r&R. Grande.July.
810,017
724,091
Jan. 1 to July 31... 4,700,870 4,298,413
Bes Moines & N. W. June.
11,589
12,273
Jan. 1 to June 30...
98,347
73,998
Det. Bay City & Al. July.
50,280
44,654
Jan. 1 to July 31...
330,234
311,513
Det. Lans. & North. July.
108,907
98,523
Jan. 1 to July 31...
670,739
614,311
East Tenn.Va. & Ga. June.
511,413
432,661
Jan. 1 to June 30... 3,184,008 2,604,178
July 1 to June 30... 6,412,078 5,301,625
Knoxv. & Ohio... June.
53,944
40,110
Jan. 1 to June 30...
326,579
278,938
July 1 to June 30...
629,084
541,922
Total system
June.
568,357
472,771
Jan. 1 to June 30... 3,510,587 2,883,173
July 1 to June 30... 7,041,162 5,843,547
Elgin Joliet & E. .July
46,992
20,676
Jan. 1 to July 31...
318,766
129,776
Bllz. Lex. & Big San. June.
61,116
56,991
Jan. 1 to junc 30...
367,996
391,047
Empire &Duhlin. July...
3,264
1,314
Jan. 1 to July 31...
19,833
6,976
Flint & Pere Marq..July.
224,481
193,864
Jan. 1 to July 31... 1,746,337 1,331,234
Flor. Cent. & Penin.June.
94,181
82,978
Jan. I to June 30...
611,284
581,230
G6orgiaER.cfeB.Co..July.
120,016
99,304
Jan. 1 to July 31...
981,392
891,853
Oa. Southern & Fla.July.
67,984
23,721
Jan. 1 to July 31. ..
389,027
150,487
Grand Rap. & Ind.. July. 282,561
221,408
Jan. 1 to July 31;... 1,505,009 1,291,131
Total system
July.
316,624
277,793
Jan. 1 to July 31 ... 1,898,815 1,662,567
.

.

.

.

.

. .

£

Or'ndTrunkof Can. July.

-Het Earninffs.-

1890.

$
623,153
2,743,335
14,880
116,260
69,993

703,520
613,045
3,013,411
704,028
2,614,231
14,500
5,016
26,294
304,780
819,622
71,377

396,000
27,787
282,310
687,977
53,201
313,541
770,676
6,362,260
666,726
3,978,634
Increase
Increase
49,316
318.116
103,000

791,000
15,000
192,000
nil.

.

1889.

604,048
2,381,470
7,787
94.275
86,486
801,586
664,237
3,194,163
627,202
2,864,709
9,332
4,127
22,675
203,328
615,297
85,979
451,263
41,128
157,378
383,077
40,801
338,700
1,058,173
5,821,276
603,910
3,863,63Li

30,601
308,231
26,907
204,987
127,000
614,922
10,000
73,357
7,000
71,000
4,000
32,000
12,833
93,995
12,025
72,299
318,160
2,215,096
4,647
38,676
63,825
420,054

66,000
def. 8,000
def. 3,000
17,276
122,590
19,501
96,784
355,587
2,586,279
4,746
31,574
118,477
608,455
396
2,261
15,894 def 4,036
11,259
5,386
56.613
45,845
369,435
344,195
1,900,145 1,647,531

396
33,285
23,178
164,125
40,419
195,723
def. 7,382
867,194
2,236,085
def. 4,581
101,644
208,913
def. 11, 963

968,837
'
2,444.998
15,162
109,923
25,683
141,331
2,766
14,325
63,088
435,481
19,151
136,065
36,326

309,310
28,164
140,881
114,829
519,350
140,507
663,282

£

1,281
13,017
20,511
149,983
24,996
140,051
340,999
1,013,032
1,926,959
15,899
109,641
214,532
356,898
1,122,672
2,141,491
4,371
def.

909

14,659
114,179

914
4,929
58,767
418,627
11,426
100,241
15,671
268,413
14,648
75,912
82,515
418,272
99,921
517,ill

£

382,634
366,784
107,697
109,886
July 31... 2,251,934 2,185,762
656,997
032,293
Chic & Grand Tr.July.
61,224
63,797
14,133
13,967
Det Gr. H.& Mil. July.
19,384
18,753
5,082
4,434
$
$
OreenBayW.&St.P.June.
27,201
23,181
1,164
1,876
Jan. 1 to June 30...
171,046
135,414
27,734
8,353
Humeston & Shenan. July
12,076
11,155
1,049
724
Jan. 1 to July 31...
82,389
73,805
2,234
1,621
Illinois Central
July. 1,095,229 1,092,494
288,862
410,710
Jan. 1 to July 31 ... 7,800,827 7,323,323 1,833,143 2,713,758
Cedar Falls & M.. July.
8,078
6,984 def. 2,130 def. 4,303
Jan. 1 to July 31.
50,576
50,828 def. 231946 def. li',887
Dub. & Sioux City. July.
150,258
130,625
24,635
23,410
Jan. 1 to July 31... 1,018,216
914,147
153,990
189,210
Total Iowa lines.. July.
158,936
137,609
22,505
18,937
Jan. 1 to July 31... 1,068,792
964,973
130,044
177,323
Ind. Deo. & West. .July.
42,212
30,786
14,530
6,296
3JMi Jan. 1 to July 31 ...
248,527
208,819
63,322
44,254
Jack.Tampa&K.W.§July.
30,091
28,264 def. 2,570 def. 8,755
Jan. 1 to July 31...
342,018
318,294
98,001
76,688
Kan.C.Pt. S.&Mem.July.
368,749
387,083
89,125
125,123
Jan. 1 to July 31... 2,719,536 2,619,658
740,355
812,700
Jan.

1 to

.

.

.

.

[Vol. LI.

Roads.

Kentucky Central.. July.

Oross Earnings.
1890.
1889.

$

$

,

-

-Net Earnings.-

1890.

1889.

»

89,578
91,139
38,071
44,416
Jan. 1 to July 31 ...
575,214
514,307
211,410
232,982
Keokuk & Western.July.
27,524
26,538
7,173
6,185
Jan. 1 to July 31...
191,945
179,490
53,647
43,079
L,. Erie All. & South. July.
5.951
4,557
936
838
Jan. 1 to July 31 ...
37,030
34,297
5,392
6,766
Lake Erie & West'n.July.
249,339
233,407
97,472
89.834
Jan. 1 to July 31 ... 1,515,510 1,381,135
575,191
507,809
Little Rock & Mem. July.
38,809
40,382
1.889
6,097
Jan. 1 to July 31 ...
237,569
321,291
47.128
82,003
Louisv. & Nashville. July. 1,545,182 1,448,495
537,876
559,346
Jan. 1 to July 31. ..10,672,023 9,740,636 3,910,502 3,617,980
Louisv. N. O. & Tex. July.
210,473
168,236
40,442
29,359
Jan. 1 to July 31 ... 1,476.341 1,421,902
209,177
366,495
Memphis ACha'sfn. June.
128,367
112,122
21,822
30,268
Jan. 1 to June 30...
865,273
810,701
183,246
224,166
July 1 to June 30... 1,783,729 1,617,928
563,925
438,958
Mexican Central... July.
451,503
472,.598
1133,202
1171,139
Jan. 1 to July 31 ... 3,660,013 3,589,502 11,194,385 tl,666,796
288.724
Mexican National. .July.
299,464
58,337
38,541
Jan. 1 to July 31... 2,148,863 2,137,426
425,066
378,303
124,326
120.474
37,831
Minn. & St. Louis.. July.
33,055
Jan. 1 to July 31 ...
774,891
711,854
215,201
133,159
Minn. StP. & S. 3. M. July
164,210
67,615
30.541
117,611
319.800
Jan. 1 to July 31 ... 1,107,894
751,684
193,980
355,668
328.640
145,106
134,729
Nash. Ohatt. & St. L.Aug.
919,505
Jan. 1 to Aug. 31... 2,406,471 2,292,730
941,658
253,111
July 1 to Aug. 31...
696,834
627,849
289,692
10,.576
def.885
555
New Orleans & Gulf. July.
8,752
82,907
92,739
4,098
8,824
Jan. 1 to July 31...
881.925
904,255
K. Y. L. E. & West'n July 2,504,124 2,533,440
Jan. 1 to July 31.".. 16,228,501 14,735,022 5,483.912 5,001,733
Oct. 1 to July 31. ..23,700,534 21,699,438 8,119,351 7,311,305
141,504
528,905
492,063
161,909
N. Y. & Now Engl'd. July
876,025
Jan. 1 to July 31... 3,327,200 3,091,177 1,040,383
15,864
43,228
55,153
8,676
N.Y. & Northern. ..July.
73,097
July
31
...
305,917
327,587
49,842
Jan. 1 to
75,339
446,511
65,603
434,482
Oct. 1 to July 31 ...
52,449
240,083
212,919
59,908
ISr.Y. Ont. & Wesfn..July.
146,696
217,001
Jan. 1 to July 31... 1,163,105 1,021,669
178,248
568,179
211,577
457,769
Norfolk & Western.July.
Jan. 1 to July 31... 3,625,468 2,985,463 1,233,518 1,059,804
216,804
543,804
169,991
579,890
Northern Central... July.
Jan. 1 to July 31... 3,836,834 3,239,105 1,077,192 1,059,759
782,930
806,297
Northern Pacific... July. 2,015,316 1,925,394
Jan. 1 to July 31 ...11,970,453 11,011,921 4,452,814 4,269,830
78,706
92,416
320,410
311,073
Ohio & Mississippi.. July.
496,570
593,671
Jan. 1 to July 31 ... 2,280,870 2,137,780
28,483
34,090
July.
64,885
53,839
Ohio River
128,700
135,878
358,282
295,929
Jan. 1 to July 31..
113,180
117,112
413,591
July.
457,373
Oregon Imp. Co
346,384
388,599
Jan. 1 to July 31... 2,496,121 2,400,440
363,429
338,830
Dec. 1 to July 31... 2,826.764 2,736,024
Penn.(E. otP. &E.).July. 5,374,466 5,241,674 1,355,463 1,855,654
Jan. 1 to July 31 ...37,332,979 33,245,912 10,331,715 10,266,127
94,813
427,227 Increase
West of P. & Erie. July. Increase.
Jan. 1 to July 31 ... Increase. 3,328,158 Increase. 1,102,591
10,537
18,735
36,076
July.
45,207
Petersburg
69,183
130,750
329,137
238,644
Jan. 1 to July 31 ...
236,972
117,949
481,758
454,867
Philadelphia AErio. July.
927,048
909,250
31...
2,891,024
2,442,494
Jan. 1 to July
901,337
873,622
Phila. & Reading. .July. 1,840,983 1,804,311
Jan. 1 to July 31. ..11,502,310 10,274.181 4,762,607 3,999,034
4,563,360
5,428,106
..13,157,452
11,674,693
Dec. 1 to July 31.
32,741
CoalA Iron Co. ..July. 1,795,841 2,067,416 def. 92,066
Dec. 1 to July 31... 10,983,139 9,878,733df.703,080df.l,052,685
4,077
17,667 Increase.
Pitts. Ciun. & St. L..Aug. Increase
156,699
444,844 Increase.
Jan. 1 to Aug. 31 .. Increase.
33,946
45,627
120,399
123,939
Pittsburg & West'n..Iuly
310,716
360,818
832,128
799,908
Jan. 1 to July 31 ...
12,029
8,761
39,715
43,693
Pitts. Cleve. &Tol. July.
62,901
53,300
173,726
287,039
Jan. 1 to July 31 ...
11,588
6,042
26,984
24,612
Pitts. Paiues. & F.July.
59,025
38,980
158,283
169,147
Jan. Ito July 31 ...
77,562
60,430
191,081
July.
183,317
Total system
432,699
453,127
Jan. 1 to July 31 ... 1,281.139 1,236,141
52,163
48,231
120,381
130,906
Pitts. Youngs.A Ash. July.
200,510
6J6,176
300,198
802,080
Jan. 1 to July 31 ...
5,820
11,006
13,957
9,149
Pr'soott & Ariz. Cent. July.
48,919
48,682
73,874
75,016
Jan. 1 to July 31...
3,183
5,711
17,117
20,237
Quin. Omaha & K.C.July.
33,537
34,582
135,113
110,031
Jan. 1 to July 31 ...
53,775
68,987
382,761
396,200
DanviUc.June.
&
Richm'd
833,997
997,902
Jan. 1 to June 30... 2,837,991 2,614,699
40,392
54,323
160,059
181,192
Virginia Midland. June.
338,715
304,642
961,170
30...
1,031.857
June
Jan. 1 to
4,277
det.
6,123
53,225
54.262
June.
Aug.
Char. Col &
118,983
101,726
413,516
437,282
Jan. 1 to June 30...
38,503 det. 4,957 def. 8,423
41,881
Columb. &Greenv. June
90,108
104,636
340,275
412,826
Jan. 1 to June 30...
12,038 def.24,021
65,399
67,181
West No.Carolina.Juue.
07,392
151,168
462,389
439,778
Jan. 1 to Juue 30...
1.2.303 det. 3,308
91,636
153,503
Georgia Pacific. .June.
51,423
29,212
625,867
891,018
Jan. 1 to June 30...
2,088 def.3,782
8,793
11,493
Wash.Ohio&WestJune.
8,192 dot. 3,901
50,376
60,196
Jan. 1 to June 30...
8,296 def. 2,127 dct.3,456
10,226
Ash itSpartanb'g. Junedet. 8, 5 61
4,364
54,797
63,689
Jan. 1 to June 30...
57,456
136,134
811,721
June.
923,949
Total of all
Jan. 1 to June 30... 6,247.778 3,503,.= 03 1,701,792 1,538,138
11,479
4,345
23,039
27,866
Rich. & Petersburg. July.
50,327
70,256
169,402
204,243
Jan. 1 to July 31 ...
69,982
68,554
141,526
174,122
Rio Grande West'n.July.
281,092
219,125
797,371
960,567
Jan. 1 to July 31...
106,860
119,181
281,379
Rome Water. &Ogd. June. 320,903
559,209
751,600
Jan. 1 to Juue 30... 1,871,487 1,539,283
958.646
Oct. 1 to June 30... 2,850,110 2,420,231 1,216,905
34,011
33,134
84,831
95,233
St.L. Alt.A T.H.bchs. Tune.
236,431
174,562
483,220
530,099
Jan. 1 to June 30...
46,646
47.144
122,154
110,964
St. Paul & DJluth ..July.
146,931
209,228
634,033
761,384
Jan. 1 to July 31...
.

.

.

—
Skptembkr

20, 1890.]

Qron Earmngt.

.

isno.

—

.

1880.

$

Roiid.0.

t

1800.

1880.

S

8'.>,240

38,.541

37.n40

Auk. 31...
July I
Auk. 31...
Bar. Am. A M<Mit.c .Aug.
Jan. 1 to Auk. 31 ...
July 1 to Auk. 31...

493,7SO
161,730
30,011
210.853
69,838
64,509

490,085
165,496
10.R42
77.272
21,307
55,204
304,791
87,704
480,005
06,661
723,434

134,294
6U.030

lfl'.!.410

17.0 tO

3,477

97,mOI

2\HHn

ecMotii Vul.

to
to

AN

G:iK..luly.

July 31

...

3:KI,«79

Bbciiandoali Valley. July.
Jau. 1 to July 31 ...
Boutb Carolina
July.
Jan. 1 to July 31. .

116,811
711,004
104,570
707,802

Ft'l). 1

to

34,2')»

H,0<I3

19.427
1H,350
22,205
def. 42,818
21,093
147,580

147,119
33,512
131,336
33,331
279,9.33

Chicago Mlliraiikee

75.:)HO

29.6H()

Bouthurn PaclHu Co.—
Gal.Uar.&B. Ant.July.
3l2,32i
280,574
.'.3.512
51,451
Jau. 1 tu July 31 ... 2,200,369 2,0S1,021
305,552
3(M!,100
LouUlana West'n.July.
n>^,•lZ^
88,928
35,978
IH.HSO
Jan. 1 lo July 31...
620,682
578,762
314,563
191,092
lCorKan'»Li.& Tex. July
365,420
366,403
73,014
81,402
Jan. 1 to July 31 ... 2,892,193 .2,753,323
788,031
748,379
N.Y.Tex. A Mox.. July.
15.139
14,302 (lef.2,371
851
Jan. I lo July 31...
9S,721
79,053 def. 26,845 def. 26,343
Tex. ASewOrrna.July.
151,819
147,169
71,776
70,305
Jan. 1 to July 31... 1,036,952
890,550
435,815
2S(),0C8
Total Atlantic svs.July.
93.">,936
897,676
229,818
2.J7,!t20
Jan. 1 to July 31... 6,914,915 6,388,707 1,877,717 l,.';or>.(>81
Tot. Pac.syHlem.. July
3,1 13,.',H3 3,128,458 1.481,5H9 1,290.391
Jan. 1 to July 31 ...18,731,16918,898,242 5,944,079 6,007,110

U81

ANNUAL REPORTS.

IB

8:i.778

1

9

.

'raE CHRONICJLE
Net Bammg: — -.

Ban Fran. A No.Pac.AuK..
Jftii.

..

.

{For

the.

*

8t.

PanI Railway.

year ending June

80, 1800.^
tables of oarningg, income account
Ac
are given below for tliree yearn.
.^^
The remarks of President Miller will be found at lenfrtboo
another paxe, fumishiiiK more particiiIarH concernioK
(h*

The coniparntivc

'

property and the yo.ar'n oiKiratioiiH than could bo given
in
condensed statement in tliis column.

OPERATiom.
1887-88.
Ullos ope rate<l Ju3e 30. .
8,717
PasaenKcrs carried
6,730.065
carritul
one
Passen.
mile.
24 1.302,662
Rata per paHseu. jior mile. 2-419 cts.
Fi^elKI't (tons) carried
7,679,934
FraiKht (tons) car. one m. 1,669,080. 861
Kate par ton per mile
1 '020 cts.

EARMNGg AMD
Earningt fromPasseogerd
PrelKht.
Mall, express <ko...

1888-39.

6,723
7,881,332
258,0 .7,706
2 418ct<i.
7,760,878
1,620,923,961

10.59ots.
EXPEKREII.

1,711,437
7,821,795

1,548,311
7,572,793

Bontheru Paclttc RR.—
Const (Nortli.) Div.July.
246,291
234,203
139,182
102,220
Jau. 1 to July 31 ... 1,246,158 1,182,465
535,487
410,422
Bouthern Divls'u.July
589,.540
527,201
269,419
185,867
Jan. 1 to July 31... 3,611,619 3,487,504 1,080,084
915,429
Arizona Division. July
139,456
128,176
50,472
41,369
Jan. 1 to JiUy31 ... 1,151,892 1,064,913
398,305
289,137
Kew Mexico Div.. July.
70,761
69,587
29,348
23,530
Jan. 1 to July 31 ...
002,767
554,439
246,287
189,004
B»»t'u I. Rapid Tran. July.
146,060
125,903
80,706
.57,389
|Jan. 1 to July 31...
568,891
531,216
189,960
153,852
Stoney Clove &C. M. July.
13,439
11,285
9.990
8,174
Jan. 1 to July 31 ...
26,269
22,296
5,005
4,320
Bumuiit Branch.... July.
96.140
98.389 def. 12,530
6.023
Jan. 1 to July 31...
559,.'>74
079,883 def. 56,575
50,767
Lykena Valley.... July.
54..570
93,935
4,034
7,386
Jan. 1 to July 31...
555,440
457,278 def.1,945 def. 30,297
ralladeKa& Coosa V.July.
6,403
5,069
2.577
2,576
Jan. 1 to July 31...
45,753
38,049
15,602
Tennessee Midl'd ..July.
19.138
12,109
5,522
dcf.31
iJau. 1 to July 31 ...
114,934
97,745
25,902
22,563
Toledo Col. (StCinoin.July.
25,327
21,310
7,654
11,436
Jan. 1 to July 31 ...
176,481
136,360
78,322
53,485
Toledo & Ohio Cent.July.
143,974
110.348
58,914
47,659
Jau. 1 to July 31 ...
634,192
802,919
329,865
225,673
Tol.it Ohio C.Exten. July.
9,130
8,970
4,926
4,464
Jan. 1 to July 31 ...
59,623
30,924
54,200
27.178
Tol. PeorlJ & West.July .
67.947
71,416
13.947
10,091
Jan. 1 to July 31 ...
515,087
498,754
122,432
113.176
Uliteri Delaware .July.
47,849
42.276
20,407
24,311
Jan. 1 to July 31...
199,632
167,498
72,104
71,021

Total earninKS
Exi>entt» Jor—
.Vfalntenanceof way
...
Malnt. cars and engine*..
.

Transportation

$25,122,559

$26,403,707

$2,711,306
2,979,498
10,217,26^

$3,121,841
2,102,ri8
9,943,193
803,517
177,415

$3,119,714

Uliicellaneous

197,937

Union Paciflc—
Oregon e.L.A U.N.July.

650,464
3,509,201

308,931
1,438,013
128,413
199,603
189,634
959,006
19,801
320,761
965,993
4,593,065
1,612,772
7,511,348
4,755
192,665
1,617,527
7,704,014
6,500
def. 37,992
def. 3,411
def. 22,498
def.1.008
def. 7,533

329,772
1,534,223

404,824
145,177
744,646
2,371,933
Un. Pac.D.A Gulf .July.
113,654
527.662
397,287
Jan. 1 to July 31 ... 3,166,308 2,397,913
476,528
Bt. Joi. A Gd. Isl. July.
22,237
115,566
82,799
Jan. Ito July 31 ...
629,532
177,744
856,670
All other Unes.... July. 2,030,318 2,038,2.54
990,511
Jan. 1 to July 31 ...13,162,393 11,569,396
4,508,517
Total Un.Pac.8ys. July. 3,837,362 3,573,627
1,601,351
Jan. 1 to JulySl ...23,739,11220,477,973
7,441,659
Cent.Br.&Lca8.L.JuIy.
4,081
66,149
52,477
Jan. Ito July 31 ...
650,271
382,273
51,996
Total controlled.. July. 3,903,511 3,626,105
1,605,434
Jan. 1 to July 31 ...24.389,383 20,860,247
7,493,655
Jlontana Union... July.
def. 3,798
59,462
86,831
Jan. 1 to July 31 ...
def. 96,947
515,174
403,605
Leav. Top. cfc 8. W.July.
def. 2,621
2,498
2,157
Jan. 1 to July 3 1...
def. 19,850
16,981
16,326
Man. Alma & Bur. July.
def 663
2,661
2,614
Jan. 1 to July 31...
def 7,958
19,621
18,176
Lines jolntlyowned—
vne-half
1,041 def.3,5H
July.
45,824
32,287
Jan. 1 to July 31
.
275,888
219,053 def. 34,011 def 62,37o
Grand total
July. 3,949,335 3,658,392 1,618,568 1,601,891
Jan. 1 to JiUy 31
.24,665,270 21,079,299 7,670,002 7,431,278
333,684
Wabash
July. 1,116,178 1,128,302'
334,463
Jan. 1 to July 31 ... 7,182,983 6,840,582 1,712,221 1,418,140
321,828
63,264
Weft. N.Y.& Penn. July.
326,470
134,399
331,629
Jan. 1 to July 31... 2,026,672 1,830,671
683,609
July.
201.812
191,052
89,807
80,536
West Jersey
331,583
902,514
820,162
266,537
Jan. 1 to July 31...
88,937
72,836
24,407
W.Va. Cent.* Pitts. July.
30,059
51i,516
125,510
Jan. 1 to July 31...
417,410
175,929
21.960
100,619
Wheel. A Lake Erle.June.
66,.507
40,668
1 56,728
551,051
Jan. 1 to June 30...
422,911
220,358
323,400
July 1 to June 30... 1,041,179
870,495
417,401
6,615
Whltebr'st Fuel Co.. July
6,356
49,916
Jan. 1 to July 31
89,460
140,429
Wiscnsin Central.. July.
483,730
371,661
171,452
1,130
WriKlits. &TenniIle.July.
6,210
5,989
1,925
Jan. 1 to July 31 ...
4/,413
18,606 def.16,972
42,018
.

'

Total net income.
DittbursemenU

—

Interest on debt

.

Includes controlled roads.

t

For the month of July the sub-

sidy cortlflcate collections amounted to $126,669, against $90,277 last
year, and for the seven months to $004,314, aKainst $550,689.
e This excludes boats in 1889.
tJEaminKS
§ Main line only,
include rail lines only, not the water routes.

1889-00.

«9.081.68»

2,6.'; 9.81
10,388,38-4

810,046
105.106
$17,173,097
10,232,610
65 04

1898 89.

1880 80.

273,004

$8,874,175
225,778

$0,232,610
220.025

$8,525,400

$0,009,933

$9,452,63S

$0,573,599
$7,054,471
3,460,920
972,490
7onpf.; 3oncom. 4Honpref.

$7,214,155

Total dlsborsements.. $10,031,510
$3,')26,961
Balance for the year
det.$l ,509.020 8ur.$l ,072,092

$8,510,933

Dividends..
aate of dividends

l,29e32»
6 on

itrefL

ur.(941,6&a

GENER.1L BALANCE JUNE 30.

Amett—
1888.
1880.
1890.
Road and equipment-'
$179,227,016 $183,889,871 $185,631,301
Bonds and stocks owned..
3,780,106
1,107,065
1,233,388
Due from aKOnts. *c
553.367
193,234
214.967
240,327
Due from U. 8. Governm't
316,003
247,838
Materials and fuel
2,764,415
1,932,491
2,407,369
Bills receiva'>l6

Bonds of cump'y on hand.
Cash

21,200

12,200
738,000

1,005,333

2,936,6< 9

Mlicellaneous

1,346,612

—

2,178,000
2,061,930
1,449,408

$187,689,764

$192,565,005

$39,680,361
21.610.900
118,9;9,0OO
3,154,322
3,451,602
103.761
t99,818

$39,868,981
21.610,900
123,761,000
2,183,076
3,478.497
119.8i-0

9^,156

1,538,682

2,410,514

$l'87,689,764

$192,565,005

$106,321,301

$196,324,301

Liahiliiies

Btook, common
Stock, preferred

Funded debt
Payr.

lis, vouchers, i&o....
a crued, not due.
Ulscellaoeous

Intere-t

Income account
Total liabilities

$30,868,061
21.830,900
129,603,000
2,880,278
3,520,4 92

Wabash Railroad.
fFor the year ending June 30, 1890..^
The first complete annual report of tins reorganized oomf>
pany has been issued and makes a good exhibit.
Mr. O. D. Ashley, the President, has been identified with
the Wabash now for a number of years and understands the
Property thoroughly. His remarks in the annual report will
e foimd of much interest, and they are quoted at length on &
subsequent page. The statistics, compiled in the usiuU coii»>
plete form for the Chronicle, are given below:

.

. .

$16,474 316
$16,548,384
$8,233,426
$8,874,175
68'63
65'09
iKCoitE Accomrr.
1887-88.
$3,253,42-<

Total assets.......

609,268

Jan. 1 to July 31... 4,222,828
Ore.Ry. &N.Co.rf.July.
464.549
Jan. ItoJulySl ... 2,330,914

.

Receiplt—
."fet earnings
Other income

0009 eM.

$21,726,742

80-<.313

Total expenses
earnings
Per ot. of op.exp. to earns.

2'J»3 eta.
0,!92.0»»
, „
I,8t2.7fc934ft

18,337.00 9
2.087,05 9

raxes

i7et

.'*,703

7,506,049

2e«380,S4»

18 SB 89.
«6,241.001
17,163.721
2.017,747

.

.

1»80(K>.

1887-S8.
$ t,973,449
16.03 1,0 (2
1.820.251

.

Total of all
July. 4,079,519 4,026,134
Jan. 1 to July 31 ...25,646,084 25,286,949

a

OPESATIOKS AKD FlgCAL RBSL'LTe.
1888-0.
1,428

Average mileage
Paa.senger9 carried.

No
one mile

Rate per passenger

i>er

mile

Freight (tons) carried

one mile
Rate per ton per mile
Enrninga

—

Passenger
Freight
Hall, express,

Ac

Tot:*l

Expenses —

Maintenance of way
Motive power
Maintenance of car*
Trnuaportatlou
General
Total

3,039.772
152.404.045
2-150 cts.
6,267,780
1,004,717,500
0-756 cte.

1,914

3.115,404
149,183,000

2130

t\».

6,832,353
1,430,107,332
0-647 ctB.

$3,276,291
8,271,102
1,042,999

$3, 177,36a

$12,590,482

$13,352,872

$2,007,948
2,607.790
989,984
3,888,508
320,406

$1,720,331
2,«5I,758
1,175,185
3,869,608
281,349

$9,814,236

$0,67S,221
8,670.651

2,776.246
Net earnings
77-95
Per centoper. expenses to earnings..
iKcoME Acconwr 1880-00.
Net earnings
Beceived from rent of tracks, Ao
Total.

1880.Oa

9,258.052

017,480

72-44
$3,679,651

272.434
$3,9»a.oeB

THE CHRONICLE.

382
Carried fortcard.

Deduct—
Taxei.

$396,491
400,272

Track and bridge rentals

Mew York & Pacific Car Trust intrrest for
Traffic Association expenses, &c

one mouth

12,3!)2

42,il8

Total

Net rerenue applicable to interest
Interest on bonds and rentals of leased

$351,473
$3,100,612
2,652.820

lines

Surplus
Diridends on preferred debenture mortgage bonds.!

$237,792
FISAKCIAL EXHIBIT jnHE 30, 1890.

Astett—

Liabilities

To cost of road, equip.,

& appurtenances. $129,970,O0C
Supplies and matl's
on band
Cash on hand

593,610
501,264

Jas. F. Joy, T. H.
Hubbard, O. D.
A»h;ey and E. T.
WcUes the purcbas'K committee.

By balance
acc't

—

of income

June

$237,791
23,000.000
24.000,000
78,000,000

30,'90.

Common stock
Preferred stock
Bonds
crued
able

114,602

1888-89.
1889-90.
19,800,229
21.305,226
230,3S1,857 249,441,807
Tousot freight carrie 1
2,955.201
3.076,198
Tons of f; eight carried one mile
97,770,374 112,893,604
EABKLNGS AUD EXPENSES.
1888 89.
1889-90.
_
Gross earnings
$7,628,219
$8,020,-'95
Operating expenses and taxes
5,704,219
5,960,139

Wab:ishreorg'zat'n.

500,000

«o. of passengers carried
No. of passengers carried one mile

1,786,364

Income acc'nt prior
to July

755, .^65

1,

543,631

1889...

$13b,J34,841

$133,431,841

Connecticut Rirer Railroad.
fFor the year ending June 30, 1890J.
The annual report states that the increase ia expenses for
the year is $81,816. This, however, includes the amount earned from the construction account to the cun-ent expenses of
the year, a portion of the expenses having been contracted previous to the current year. To the operating expenses have
been cliargi d items aggregating $180,523, which were origins lly charged to property account:
The percentage of current expenses to traffic earnings was
e5-82 per cent; but by adding the above items to operating

Netearnlngs

Passengers
Kreigh t
Miscellaneous

Netearnlngs

c ;i>re«

Total earnings
Gperatinj: expenses (includiugeonstruction)

1888-89.

18-19-90.

$457,247
592,953
39.192

Colorado Midland Railnray.

1889-90.

('For the year ending

$18i,82.^
'"'eiioQt

Total income
Tnsbursnncnts

The annual report of

69,418

'

208 400

20U,4(iO

Total dlslnu-sements
Balance, surplus

$
J74 iqi

$252,243

Old Colony.
June

("For the year ending

report of this

30, 1890.^1

company

:

To make the account agree with those gendered to the Commipsiorers, the further sum of $121,057 has been deducted
for
the interest on the outstanding debt, accrued but not due on
June 30, 1890. The balance to the credit of surplus as thus
changed, was on June 30, 1890, $251,665.
'The amount of premium received from the sale of bonds
and stock has been credited to improvement account amounting during the year to $360,731. Improvement account
has
toten charged during the year with the sum of
§364 347 expended for additions to and improvements upon the proo'ertv
r f
j
of the company." * * »
'

'

'

'

;

The expenditures charged to expenses upon the Old Colonv
liberal.
The t system has been built up by
the consolidation cf railroads not in good condition
and needing large outlays to bring them up to the desired
standard.
The Boston & Piovidence Railroad, at the time of its acquisi''

system have been

,'^

'oadbed or equipment, equal in excellence the

"^"U'm
Old Colony
Railroad.

- " Tbe percentage of esp(?nses to gross earnings for the year
IS by, or It the iniiirovements are included
in expenses 75 per
a he railroad and equipment w ill now compare
favorably with any in the country. Without allowance
for improvements cf pioiierty, its expenditures should not exceed
65 ter
*"
£ent of Its gross earnings.-' * « »

30, 1890.^

Investors' Supplement.
Mr. J. R. Busk, the chairman, says in his report: "The business of the road for the year ending June 30 last shows satisfactory results, the gross earnings amounting to $1,734,790
against §1,536,105 for the corresponding period of 1888-89 and
the not earnings to $558,943, against $445,428 tor the preceding
twelve months, an increase of 12 3-10 per cent in gross and of
353^ per cent in net. Passenger earnings fell off $26,576, this
decrease being largely due to a reduction in the train service." • * " The increase of $217,870 in freight earnings
comes mainly from coal, coke, ore, lime, hay, grain, limestone, railway material and general merchandise." * *
"The satisfactory result of the year's bus^iness has been attained solely by the development of local traffic, as the Rio
Grande Junction Railway, which, when completed, will give
your road a connection with Salt Lake City and the Pacific
Coast, has not yet been finished.
This road ought to have
been opened by May, but unexpected delays in obtaining
materials for the track and the g^-eat difficulty experienced in
getting labor, have hindered its completion.
Track-laying is
now [Aug. 33] progressing rapidly, and the line should be
ready for through business next month.
A company entitled the Busk Tunnel Railway Company has
been organized for the purpose of building a tunnel of about
9,300 feet in length between Busk and Ivanhoe, stations on
your line the contract for its construction calls for completion of the work by 1st April, 1893.
Your company has leased
the tunnel and road, guaranteeing its bonds, principal and intere.it, and undertaking to provide a proper sinking fund.
When completed this timnel will save nearly seven miles in
distance of the most difficult and dangerous portion of your
road, and will enable your trains to be run in all weathers over
the Divide without risk of detention." * *
" The proposed conversion of the second and third mortgage
bonds into consolidated mortgage bonds, alluded to in the last
annual report, has been virtually carried through, and tHe
consols issued in exchange for the second mortgage bonds
have been listed by the Stock Exchange."

for the year ending June
30 has just been issued, and includes the business for a complete year, ending June 30, 1890. This necessarily covers
the
b-usiness of three months of the year included in the
last
made,
reixjrt
for the year ending September 30, 1889.
The report says " The amount of the surplus bv the last
report was $762,51.1. To this has been added the net earnings
of nine months— viz., $498,486, and from it deducted the two
dividends of January 1 and July 1, 1890, amounting
to
$844,683, and the anioimt credited to improvement account
June 30, 1890. 143,596.

;^?i'V.

June

company has more than the usual

A

25,655
20,188

Bentals
Dividends, 8 per cent

this

interest just now on account of the reported negotiations for
an acquisition of the property by the Atchison Company.
map of the Colorado Midland lines will be found in the

$252,243

—

Interest

$107,615

Of this amount .S6 1,018 was credited to improvement account
on Sept. 30, 18-i9, and the balance, $13,593, on closing the
books June 30, 1890.

$182,825
1888-9.

$932,298
$418,841
425,842

844 683

LNXOMB ACCOUNT.

—

first

$522,952
o84,h03

Surplus for the year carried to improvement account

906,547

Netcaruiiigs..
Oilier Income.

The

Rents of other roads..

1,107,557

..$1,026,892 $1,089,372

Net earnings
Ttrrcipts

Less interest and dividends received

$658,675
135,723

Earnings, after deducting interest and rentals
Divideud3'ipercent paid Jan. 1, 1890
Dividend 3^ per cent paid July 1, 1890

K.VRNINGS A!«D EXPENSES.

$44«,373
519,372
31,145

$2,059,856

Interest ar-crued during year

:

,''-'''

58,020,295
5,900,439

Operating expenses and taxes

1890.

$2,059,856

$4,541,061
2,9^9,412
479,822

Total

„

Earnings, expenses and charges have been compiled for the
Cheoxicle as follows
Kiiniinji f,:r,n—
Pi^ipuirers

$1,924,000

RESULTS IN 1889-90.

Earnings fto-m—

oxpenses. the percentage of the current and extraordinary
eipensos to traffic earnings was 83-23 per cent. Consolidation
with the Ashuelot Railroad Company was effected in Febru-

t,
iV
M.»!I anl

:

OPEBAIIOX9,

867,055

Sundry acc'nts pay-

raih'd.s<frindivid's

,

without a single grade crossing. Some progress has been
in procuring the necessary authority to build the branch
roads voted by the stockholders between the Milton Branch and
the Providence RR., and between Walpole and Dedham." * »
"To meet the bonds due January 1, 1890, and provide for
construction charges, $500,000 of 4 per cent bonds, due January 1, 1938, have been issued. These bonds were sold at a
premium. During the year 4,000 shares of stock have been
sold at auction.
The premium on the sales of stock was
$295,931 and on bonds $64,800."
The following will show the results for the year

Interest due and ac-

Due from sundry

ar^

"Very large purchases of land necessary for the growing
business have been made, amounting in the aggregate to
$263,634. These lands are situated in Brockton, Hanson
Hyde Park, Holbrook, Kingston, Lowell, Mansfield, Providence, Quincy, Randolph, Roxbury, Scoughton and Weymouth. The branch railroad between Wrentham and Walpole has been nearly completed. It is thoroughly built,
made

$447,792
210,000

Net surplus.

[Vol. LI.

cent,

CONDENSED INCOME ACCOUNT.
Gross earnings
Operating expenses
\

Net

earnings..

$1 ,724,790
1,1 65,847

$558,913

September

IHE CHROMCLBi.

20, 1800.]

CarHrit fonrard
IntercHton tiomln

tuj^'','i^J

•

f402,774
6.805
8.H0O

MlBri'lluiifoimlntproHt
Kriilul of Ahiiimi t«liort Ltue
•r»xe»

5S0.137

Surplus forthoyenr (ending Juno 30)

UKNBRAL

IIAI.ANCK SlIUKT
Aisela.

$'2,503

JUNK

30. 1890.

equipment
UUli MidlaudUuilwiiyCo

$19.14-1,063

Cof>t of roail niid

'M.HOfS

57,928
4,0UO
120,541

Cii«b

B. A. SamlH nod C. H. Woodruff, trustee*
Mftterlalou himd

1'2.058

Bills rccclviiblo
Acwiiii ts reoel viiblc

194 .543
57.59H
95.173

Acomnitsiiwuliliigdistrlbut on

Income uccouut

$10,722,974
Liabililift.

$8,000,000

Cnpltal stock
First mortHiiKH bo uds
Hi-coiid luortKuKO bonds (not yet converted)
Thlrtl inorlK.iKf bonds (not jet converted)
ronsolidatcd iiiortRago bonds
Kciiaimiciit boial.s
Eoiilpmciil l.onds, series

G,2,'')0,000

33,000
87,000
3,i389,rt66

500,000

B

18.'>,000

3(X),000

Collateral trust not«s

payable
Current vouehers

144,942
114,040

Bills

t

titled to subHcribe for

one Rhnre of nt^w »to;k for every four
hclil, and will l>f rerjuircd to nay for
every such new share of full [Mtid stock Moven'.y-flvo dollnm in
cash. Subscriptions will be received by the Treacnrcr of tha
company, at its office, in this city, from October 16th to
October Blst next.
Hllwaukte & Norlhern— Chic-niro Mllw«nk«>e A Ht.
Panl.— Western dispatches state posilively that .St. Paul haa
acquired the .Milwaukw & Norlln^rn. but the terms cannot be
given out till after the stwUliolderg' meeting on .Saturday a
map of the Milwaukee & Northern line will tx? found in theInvestors' Supplement.
New Bond-, and St-ckg Anthorlzitd or OlTired -The following 18 a list of new issues of securities now offered for sale, or
soon to bo offered
STATES, CITIES, COUNTIES, *0.
Ahbricub City, Oa.— $25,000 water works 6 per rent Kold bonds, due

and one-half whareH then

78. 908

Total obargoa

Pay-rolls

]0i),263

Accrued interest

109,801

:

1920; interest seml-annunlly. Offered at 113 and accrued interest
by Messrs. John A. Hainbleton A Co., Baltimore, Md.
Salbh City, Mass.— $UO,000 street iiuprovcuieut fours are soon to ba
offereil.

Mass.— $100,000 water S'a per cent (fold bonds, due 1920.
Offered by Blake Bros. A Co., 5 Nassau Street, at 102^ and Interest.
Tatlor, Texas.—spi.OOO school bond*, 10-3Rs, Interest 6 per cent, will
be offered at ibe Mayor's Office, Taylor, Texas, on Sept. 22.
Umos, Town. Hudson County, V. J.— «5.0OO Joint sewer. 4 jit wnt
bonds; Interest spini-ininually $2,0OO each rciristcriil ; ilue ISD.'i
to 1907. Bids lit not less tU-in par and cndurncd ".proposals for )olnt
sewer bonds," will be received by the " Council of the Town of
Bprisokiki-I),

GENERAL INVESTMENT NEWS.
&

Santa

Fe— Colorado Midland.— The

reported acquisition of the Colorado Midland by the Atchison
not confirmed by the officers or bankers In this city, but it
is not denied that negotiations between the two interests are
in progress. One report has stated that the price paid for the
Colorado Midland stock was $50 per share, of which $10 jjcr
share has already been paid in cash, and the balance was
probably to be paid with Atchison stock.
Called Bonds. The following bonds have been called for
is

—

payment:

& Memphis—Fort Scott South& Memphis—Rich Hill—Short Creek & Jop-

Kansas City Fort Scott
eastern

—

First mortgage 7 per cent bonds, due September 1,
LIN.
1910, to be paid on presentation at 50 State St., Boston, on
September 25, 1890, at 105 flat, bonds of $1000 each, viz.: Fort
Scott Southeastern
Memphis R.R. Co., Nop. 70, 77, 171, 189,
237, 580, 777, 806, 895, 918, 1027, 1033, 1060, 1086, 1352, 1467;
Joplin R.R.
Rich Hill R.R. Co., Nos. 44, 305; Short Creek
Co., Nos. 188, 232, 284.

&

&

Cincinnati Sandnsky

A

—

& Cleveland— Clereland Cincinnati

stated on good authority that the
Cleveland Railroad
acquisition of the Cincinnati Sandusky
by the C. C. C. & St. Louis Railway Company has been agreed
to and only requires the action of the stockholders for its ratification. The Big Four takes tlie property under a long lease. The
C. lines proper are about 170 miles long, including the
C. S.
Findlay, O., branch, l^ides which the company is lessee of
Cincinnati Railroad, 44 miles
the Columbus Springneld
long, running from Columbus to Springfield, O.

Chicago

St. Louis.

It is

&

&

&

Covington
pointed on

&

tiie

—

The committee of bondholders ap12th inst. in Baltimore (Messrs. Alexander

Macon.

Brown. Skipwith Wilmer and W. Checkley Shaw) have
decided that it is best to place the bonds in a pool, and they
have arranged with the Safe Deposit & Trust Company of
Baltimore to become the depository of the bonds and to issue
negotiable receipts therefor. Their notice will be found
among the Chronicle advertisements.
Choctaw Coal Railroad. The Commercial Bulletin reports:
" The Choctaw Coal & Railway Company's eastern division, extending from McAlester to Wistar Junction, Indian Territory,
has been completed. This line will connect the Missouri Kansas & Texas Railway with the St. Louis & San Francisco Railroad and will enable a material shortening of time between
northern and Texas points. Construction of this line was commenced one year ago. From Hartshome, the Southern
Division will branch to Denison, Texas, and will obtain the
haul on a heavy tonnage of coal. The output of the mine

—

along this proposed branch is already about 600 tons per day.s
The contract for the western division, from McAlester to
Fort Reno, 165 miles, has been awarded, and work will soon
be commenced and pushedl to rapid completion. The total
projected mileage of the system is about 450 miles. The company was chartered by Act of Congress in 1888.
Delaware & Hudson Canal.—At the annual meeting helq'
on the 8tli of May, 1883, an ordinance was adopted authoriz ing the increase of the capital stock from time to time for the
purpose of retiring certain specified bonds as the same should
become due and payable; and directing the Board of Managers, in issuing the said increase, to offer the new stock at par
to stockholders of record at the time of its! proposed issue.
The Board of Managers at a meeting held January 10th, 1890,
appropriated from the undivided profits or surplus a sum
equal to §25 per share of eacli new share of stock to be issued
in retiring the 1891 bonds. For the purpose of retiring the
bonds (>f 1891, amounting to $5,500,000, the Board of Managers
now offer, to the stockholders of record at the closing of the
books on October 15th next, fifty-five thousand shares of the
capital stock of tbe company,
iBach stockholder will be en-

:

;

Union,"

$19,722,974

Atchison Topeka

883

till

H p. M..Oct. 13.

KAILROAD AND MI8CELLAJIEOU8 COMPANIES
Alfred Bknjamin CoMPASY.-fl.oOCOOOstock
$500,000

Is

its olllccs.

(par $100), of which
7 per cent prefeired, will be offered by the company at.

lot and 106 Bleecker

St.,

Oct.

1.

Belt Line (Balt).- A mortKiiKc for $'!,000.000, due In 1990, has been
tiled. The bouds will be guaranteed by the Bait. & Ohio.
Delaware & Hudson Canal.— 55,000 shares .itock. Each stockholder
of record Oct. 15 will be eutltled to subscribe for one share for
every four and one-half shares held at that date at $75 in cash.
payable Nov. 15. Subscriptions will be received by the Treasurer
of the Ompany from Oct. 15 to Oct. 31.
Lincoln Steamhoat Company.— $100.000 stock (authorized #250,000),
$50 each. Offered at par by Equitable Trust Company, rbiladelpbia, Fenn.
Philadelphia HARRisniiRO & PiTTSnrRfi.— $2,000,000 of 5 per
cent bonds lire to be issued for the Hiuiitburg Terminal B.R., to
be guaranteed by the Philadelphia <Si Reading.

—A

dispatch to the fli?ra/d from
Fhlladelplita & Readins:
Philadelphia, September 17, said: "The Reading Railroad
Company is about to issue $3,000,000 of 5 percent bonds to pay
for the construction of the Harrisburg Terminal Railroad.
They will be issued by the Philadelphia Harrisburg & Pittsburg Railroad Company, all of whose stock is owned by the
Reading. They will be secured by a mortgage on about forty
miles of railroad, a handsome station at Harrisburg, occupied
jointly by the Reading and Western Maryland railroads, and
a bridge across the Susquehanna River. The bonds will be
guaranteed by the Reading."
San Antonio & Aransas Pass. The chairman of the recent
iwndholders' meeting has appointed the following committee:
Messrs. S. Tilghman. Joseph Wharton of Philadelphia, Eric
P. Swenson, Henry Budge and J. Kennedy Tod of this city.
These gentlemen represent a majority of the first mortgage
"bondg, and their position in the financial community is such
that they will command the confidence and support of the
other bondholders.
St. Louis Alton & Terre Haute.- Proxies have been sent
out by the managers, to be returned and voted at the special
meeting October 3, in favor of the ratification of the i-ale of
the main line of this company to the Cleveland Cincinnati
St. Louis Railway Company, according to the cirChicago
cular of May 26th last.
circular sent to the stockholders says: " It is the desire of
the directors that each stockholder sliall be fully informed
upon the question, and to that end it is hoped that as many of
them as possible will call upon the chairman of the board and
go fully into the details of the situation." Referring to the
littgation about the lease of the main line, it continues: "The
management of your company recognized the serious disadvantage which would be discovered upon an attempt
to refvmd the maturing obligations of your company in 1894,
with the uncertainties attending the possible dispute of the
rental payment for the use of the main line, and therefore took
up the negotiations heretofore referred to,
on a basis that would eliminate all future uncertainties by
a final transfer of the property for a fixed consideration.
The basis of calculation whereby the sum of $10,000,000, less
the deposit of $250,000 in a l^inking fund was arrived at, was
carefully gone over in detail, and will be gladly made known
to any stockholder who may wish to inquire of the chairman
—the intent was to arrive at a sum that would be fair to both
sides and profitable to both— it is believed that the result t»
this company will be so demonstrated when the refunding or

—

&

A

its securities shall

have been accomplished.

particularly called to the fact that this sale
relation of any of the securiline in exties of this company— it simply disiwscs of the main
Sr. L. Company, of which
change for bonds of the C. C. C.
an amount sufficient to retire all of the 7 per cent bo^ds in
less than »«,1894, will be set aside, and there will be left not
company,
000,000 of 4 per cent bonds in the treasury of the
and an additional amount of them contingent upon the discount that may be made in disposing of the bonds set apart to
••

in

Your attention

is

no wise disturbs the status or

&

pay

off the old bonds,"

:

..

.

.

THE CHRONICLE.

B84

COMPARATIVE SUMMARY OF OPERATION.

%tpoxts and Pocumcnts.

CHICAGO MILWAUKEE &

Gross Earnings.

PAUL RAIL-

ST.

1889
1890

$25.422.5.')9 22

Increase

\

$983,149 13

Operating Expenses.
1889

S16,.548.383 41

-TWENTY-SIXTH ANNUAL KEPOHT-FOE THE FISCAL YEAR 1890

I

17,173,097 79

30, 1890.

Increase

|

§624,712 38

Net Earnings.

The President and Directors submit to the stockholders the
following report of the business and operations of the Company for the year ending June 30, 1890, and of the condition
year.
i>i its property and finances at the close of that
The Company owns and operates 5,6.56-83 miles of railway,
as follows:
MILES OF TRACK.
5,647-66
Main track owned solely by this Company
9-17
Main track owned jointly with other Companies
.

.

.

main track
tracks and connection tracks

5,6.j6-83

Total length of

Second and third
owned solely by this Company
Second and third' tracks and connection ti-acks
owned jointly with other Companies

.

,

§8,874,173 81
9,232,610 56

I

Increase

|

.$358,436 75

Tons of Freight Carried.
1889
1890

...7.769,875
9,292,992

Number
1889
1890

I

Increase
of Passengers Carried.

Miles

Run

bij

I

Decrease

|

383,388

Revenue Trains.

18,609,618
19,581,174

1889
1890

1,533,117

|

7.888,332
7,505,946

1

|

173.687,993
186,715,164

1889
1890

2-83

Mileage of
76-49

Increase

971,558

44-81

|

Increase

Empty

13,027,171

Freight Cars.

I

|

Increase

4,733,689

Road per Revenue Train Mile Run.

88-92 cts.
87-70 cts.

1889
1890

I

Decrease
Gross Earnings per Mile of Road,

18~9
1890

19-14

i

67,006,264
71,739,953

1889
1890

Cost of Operating

Tracks owned by other Companies, but used
by this Company under agreements
Yard tracks, sidings and spur tracks owned
1,103-92
solely by this Company
"Yard tracks, sidings and spur tracks owned
Companies

1889
1890

Mileage of Loaded Freight Cars.

73 67

Total length of second and third tracks
and connections

jointly with other

I

26,405.708 do

WAY COMPANY.
ENDING JUNE

[Vol. LI.

1-33 cts.

|

$4 480 54

I

Increase

4,667 79

$187 35

I

Operating Expenses per Mile of Road.

Total length of yard tracks, sidings and
spur tracks

1,123-06

$3,916 53
3,035 72

1889
1890

I

|

Increase

§119 19

Net Earnings per Mile of Road.
6,901-19

Total miles of track

"The miles of main track owned solely by this Company show
a decrease of about 22 miles from the number of miles as
stated in report for year ending June 30, 1889.
This is caused by the abandonment and taking up of track
^between Emmetsburg and Estherville, in Iowa.
The lines of road are located as follows
318-08 miles
In Illinois
1,310-09 miles
In Wisconsin
l,.553-27 miles
In Iowa
1,120-09 miles
In Minnesota
11821 miles
In North Dakota
1,096-82 miles
In South Dakota
140-27 miles
Hn Missouri
:

Total length of

main track

5,656-83 miles

The consti-uction of the following new road has been begun
'<3uring the year, but is not yet completed:
From Necedah, on the Necedah Branch of the La Crosse
CDivision, to Dexterville Junction, on the Wisconsin Valley
XKvision, a distance of 17 miles; and from Lynn, Clark CounTty, Wisconsin, northwesterly in the direction of Greenwood,
<Jlark County, a distance of 12 miles. This construction is
Lake
ibeing done under the name of the Lisbon Necedah
•.Superior Railway Co., and has been undertaken in order to
open the hard-wood country iu that section, and make it tributary to the main lines of this Company. Negotiations have
been concluded, to take effect July 1st, for the acquisition of
the railroad already constructed from Dexterville Junction to
Lynn, with branches, azgregating 40-92 miles, at a cost of
$531,960.
Construction of the following second main track, aggregating 35 miles, has been beguu and will be completed by

&

vnnter:

Lake to Minerva, on the Chicago & Milwaukee Division.
Savanna to Mt. Carroll, Cragin to Mont Clare, and Genoa

to Davis Junction, on the Chicago

&

Council Bluffs Divi-

sion.

The line from Estherville to Emmetsburg in Iowa, not cov«red by any mortgage, about 22 miles in length, has been
abandoned and the track taken up. This action was ordered
by the Board, because the line did not pay operating expenses

and

required the expenditure of a considerable

sum

for re-

newals.
This Company has concluded a contract with the Union
Pacific Railway Company by which it obtains the riglit to the
«se of the Union Pacific main tracks from the terminus of
this Company's tracks in Council Bluffs, Iowa, to a point in
South Omaha, including the use of the bridge over the ]\Iissouri River and the Union Passenger Station in Omaha, with
other rights necessary to place this Company on the same
basis as if it owned its own tracks from Council Bluffs to
South Omaha. This contract is for a period of nine hundred
and ninety-nine years. It obviates the necessity of building
another bridge at Omaha, which had been seriously considered by the Board.
The following statement shows the earnings, expenses and
statistics relating to traffic for the years ending June 80, 1889

and

1890, respectively:'

$1,564 01
1,683 07

1889
1890

Average Miles of

I

|

5.674
5,657

1889
1890

Increase

Road Operated During

$68 06
the Year.

I

I

Decrease

17

The average

rate per ton per mile received for freights
a series of years past has been as follows, viz.
.2-38 cts.
1874.
1865.. .4-11 cts.
1883.. ..1-89
.2-10 cts.
1875.
1884 ..1-29
1866. ..8-76 cts.
.3-04 cts.
1876.
1885.. ..1-38
1867.. . .3-94 cts.
.3-08 cts.
.3-49 cts.
1877.
1886.. ..1-17
1868,
.1-80 cts.
3-10 cts.
1878.
1887.. ..1-09
1869..
1-006
1879.
1 -72 cts.
1888.
1870. . .2-82 cts.
.1-76 cts.
1880.
1889.. ..1-059
1871.. ,.2-54 cts.
.1-70 cts.
1881.
1890.. .0-995
1873.. ..3-43 cts.
.1-48 cts.
.3-50 cts.
1883
1873
.

.

,

.

.

.

.

for
cts.
cts.
cts.
cts.

cts.

.

cts.

.

cts.

cts.

.

Seventeen thousand three hundred and eighteen tons of
steel rails and 1,431,878 cross-ties have been put in the track,
and there are now 4,074-77 miles of main track laid with steel
and 1,582-06 miles with iron rails.
About 4 2-5 miles of pile and trestle bridges have been filled
with earth, and a large number of wooden culverts have been
replaced with iron.
The entire cost of filling has been charged to operating exnenses.

About 1,600 feet of wooden bridges have been, or are in
process of being, replaced with iron structures. Of the amount
expended in this work during the year, $39,968 44, representing the cost of replacement with wooden structures, has been
charged to operating expenses and $61,526 05 has been charged
permanent improvements.
During the year 12 locomotives have been purchased at a
cost of $102,763 06 and 2 have been built at the West Milwaukee shops {it a cost of $14,677 36; 9 locomotives have been
scrapped, and 12, too light for service, have been sold.
Two hundred and fifteen furniture cars, costing $104,000 43;
400 lumber cars, costing $178,174 98; 3 baggage, mail and express cars, costing $9,548 74, and 1 flat car, costing $391 33,
have been built at the West Milwaukee shops.
There has also been expended during the year in the Company's shops, for steam heat and electric light equipment, air
brakes, automatic couplers and other improvements to rolling

to

sum

of $109,093 95.
for new rolling stock, the sum of
$197,857 55 lias been charged to expenses during the year, for
the purpose of maintaining at tlie cost of operating expenses
the full capacity of the equipment.
The rate per ton per mile on the freight traffic of the past
year was 995-1000 of a cent. In the previous year it was
1 59-1000 cents.
If the freight tonnage of the past year had been can-ied at
the average rate of the previous year, the revenues ^of the
Company would have been increased $1,178,134 95, all of
stock, the

Of the above expenditure

which would have been net revenue.
....;!r^
During the past year traffic conditions have been unfavoraThe withdrawal of some of the most important lines
ble.
from the Inter-State Association deprived the railways of an
influence which, although it could not altogether prevent reductions of rates, yet exerted a most wholesome restraint and
saved much revenue.

J

Septum BER

;

THE CHBONICLE.

ao, 1890.

npiMircnt liow a more offrctive ajfreoment can Iw
|)roviHii>ii for division of tonnnRe may be added,
l)ut tlmt cannot l)c otlii-ient and fully Hutisfuctory unli'HS con|>Icd Willi a division of revenue. Tlie Inter-Htate Law prohibits this, and the couBeuuence is, fluctuating rates— the natural result of unrestrained computition and the source of the
worst form of discrimination.
The conditions which have led to low rates on competitive
traffic have alsti reduced rates on local traffic, through the
operation of the long-and-short-haul clause of the Inter-State

It is not
<U>viso<l.

.

A

385

GENERAL ACKiOUNT JUNE

aOTH, IHUO.

Jtr.

Coiit of rootl mill
Ikiiiilx.

Htufk,

BalniiKi-n

rqiilpmont

918.'i,03l,301

of otb. coiiipniilpii
frniii agtiiit'i, i'diiiIiic-

eti'.,

iliin

tom, Ac

Duo

fniiii Uiilti'il .sta'cnOovcrniiinnt
MlHI'l'llltlllxillH llrciMintH
Htork iif iiiitlcriitl mid {iirl iiii bnnil .

Mi>rtK>K<' IioikIh
Dolil liiOil In ItH
CiiHliuii liniid

the oompitny
treoaury

itt

$l,2a3.3l4>4

87

00

21 iMf,n r,l
2 l7,S"iM OS
1.41IM<tT lo
2,40T,MWI :>H

uii-

2.17n,O(M)0O
2,IM}l,():i0

4a

10,002,009 79

Law.

$100,»24,301 10

It is easy to say that these results can be avoided by simply
obeying the law and maintaining rates. Olie Jience to the law
will cure some of the evils that prevail, but will not enable
inferior lines to compete with superior lines on even termsaud
secure a sufficient share of the traffic to support them.
The only result possible imder the law, as it now stands, is
the absorption of the weaker by the stronger; and that is a
painful process which cau stop only when there is but one
corporation, and competition is absolutely destroyed. Unrestrained competition will, in the end, destroy all competition.
The efforts of Legislatures and Railway Commissions have
also contributed not a little toward reduction of rates. An
improvement in public sentiment had leen hoped for, but is
not yet apparent. It can hardly be expected until hostility to
railways ceases to be a short route to political preferment. In

Or.

i21.8»0.0OO0O

Capital »too>r, preferred
Capitul stock, couiiiion

01,708,90100

39.»0ii,»tn (N)

Funded debt

125,603,000 00

vouohnrs and accounts
IXvldendH unclaimed
I iitorest couponx not presented
Interest acoruecl, not yet payable.

2,880,277 00

I'liy rolls,

04

3«(,763

56,30 1 UO
3,520.401 81

.

6,502,025 61

Income aocotmt

2,410,514 55

9190,324,301 10

_

WABASH

RAIL ROAD CO.

FIK8T ANNUAI, EEPORT-FOK THE YEAR ENDING JUNB
30, 1800.

some of the States recent legislation is practical confiscation
under the form of law, by the reduction of revenues and the
increase of burdens.
The decision of the Supreme Court of the United States in
the case of this Company against the State of Minnesota,
known as the " Milk Case,'^ rendered at its last sesrion, is very
important, as settling and defining the powers of the Legislature in fixing rates of transportation.
The statute of that State authorized the Railroad Commission, in certain contingencies, to fix the compensation to be
paid railroad companies for transportation.
The Commission assumed to fix the rates of this Company
for the transportation of milk.
The Company claimed that the compensation fixed was
inadequat* and unreasonably low, and retused to comply with
the order of the Commission establishing the rate. The Commission applied to the Supreme Court for a mandamus to
compel the Company to adopt the rate fixed. The Company
answered that it was unjust and unreasonable. The Supreme
Court of Minnesota held that the statute authorized the Comthat the Company could not be
missioners to fix the rate
heard to object that the rate was not a reasonable and just
rate that the rate fixed by the Commissioners was the only
reasonable rate under the law that the Company was bound
to obey it, and that the Court had no power to inquire into
the question as to the reasonableness of the rate fixed by

The reorganization of the Wabash Company under the plan
formulated November 21, 1887, ending with the consolidation
of the Wabash Western Railway Company with the lines east
of the Mississippi River, having been perfected, the Wabash
Western Railway Company on July 1, 1889. took possession
of the lines which had been operated by Receiver McNulta for
two years and four months, and the properties were practically merged at that date, although actual legal po-isession
was not authorized until August 1, 1889. The history of the
long and costly struggle to preserve the essential unity of the
Pacific Railway
principal lines of the Wabash St. Louis
Company, and to adjust the interest burdens of the new Company to the new conditions of railway property, is too well
known to the stockholders to require more than this brief
reference. Seldom, if ever, in the railway history of the

&

United States have such complicated and difficult questions
been presented for solution, and this successful result, after
five years of constant and discouraging effort, should be grati-

fying to all parties interested.
The accounts of the Wabash Western Railway Company
having been merged with those of the consolidated Company
July 1, 1889, the fiscal year of the latter Company commences
at that date, and the by-lawg have been framed accordingly,
thus complying also with the suggestions of the Inter State
Commerce Commission for a uniform fiscal year ending June
30 for all Railway Companies.
the Commission.
In order to preserve the continuity of accounts, in statistiThe Company removed the case by writ of error to the
Supreme Court of the United States, and that Court filed a de- cal information, the operations of the Wabash Western, and
of the east lines under the charge of General McNulta, are
cision by which the decision of the Supreme Court of Minnesota was reversed, the Court holding that although the Legis- given herewith in separate tables, followed by full statements
lature had the power to regulate and control railroads, they of the operations of the Consolidated lines under the name
were not authorized to fix their compensation below what was of the Wabash Railroad Company for the fiscal year ending
reasonable for the service rendered that the question as to June 30, 1890. These last which may be considered a test
what was a reasonable compensation was a judicial question of the productive capacity of the reorganized Company will
to be decided by the courts, and not by the Legislature and attract the principal share of the attention of the bondholders
that any statute that attempted to fix the compensation of and stockholders, indicating, as they do, the ability of the
Company to earn a fair surplus over all fixed charges and a
railroads beyond the power of the courts to inquire into its
dividend of six per cent on the Preferred Debenture Mortgage
reasonableness was unconstitutional and void.
The effect of this decision is to enable a railroad company Bonds.
The earnings and operating expenses of the Wabash Railto question any rate established by a Legislature or Commisroad Company for the fiscal year ending June 30, 1890, were
sion, and to show that it is in fact unreasonable and unjust
and if so held by the Court, to defeat its operation. In other as follows i
words, that Railway Companies have the right to a hearing in Earnings
$13,352,872 40
87,980 40
the courts the same as other persons, and are not subject to Miscellaneous Eeceipts
in
the
of
the
Legislature
or
Commissioners
the arbitrary will
$13,440,852 80
Total Eeceipts
matter of fixing rates of transportation.
0,673,221 18
Operating Expenses
By order of the Board of Directors,
$3,767,63162
Net Earnings
$215,818 02
R08WELL MILLER, President.
September, 1890.
Deduct balance of rentals
"
12,392 44
one month's int. on Car Trust...
"
39<!,49054
Taxes
"
42.318 30—
667,010 30
Traffic Assn. Expenses
;

;

;

—

;

—

;

I

I

STATEMENT OF INCOME ACCOUNT
Fob the Fiscal Tear Ending June 30th,

NetEamlngs

1890.

Deduct
"

Balanoc at credit, July let, 1889
Old accoiintg chiirKed off
Additional interest accrued prior to
July 1st, 1889, on funded debt
Dividend No. 39, payable Oct. 21»t,
1889, from net earnlnKS of fiscal year
endln»? June 30th, 889, 2'« per cent
on $21,010,900 preferred stock

$1,538,682 44

$56,704 22
4,025 00

540,272 50

001,09172

9,232,610 56
220,02 1 61
0,452,635 17

Total
$10,390,225 80
Interest accrued during the year on
Aind«d debt
$7,214,154 84
Dividend No. 40, payable April 16th,
1800, from net earninga of nscal year
ending June 30ili, 1890; S'a iier cent
OS $21,615,900 preferred stock
756,550 50
7,070,71134

$2,410,514 55

2,652,820 82

$447,701 60
210,000 00

$237,79160
The last quarter of the fiscal year was rendered less productive by a general reduction in frei ht rates, averaging more
than 20 per cent, and the net surph i» consequently less than
had been anticipated early in tlie year. As comiwrcd with
the operations of the System in the corresponding months of
1888 and 1889. the result should be considered satisfactory.
The gain In gross cnmings was
'J??'^',*? iV?
Tlie dccieuKc in operating expenses was
inVInV?
««J 400 on
-u
The gamin net earnings was
In view of the general railway situation, a study of the
traffic statistics will perhaps be instructive.
"•

Surplus

Gross oarnlngg
$26,405,708 35
Less operat'g expenses (Includ'g taxes) 17,173,097 79

Balance at credit June 30th, 1890

'.

Debenture Bonds

$037,590 72

Net revenue for the year

$3,100,61233

applicable to Interest

on 1st and 2d Mortgages.... $2,329,0i>0 82
123, 730 00on Leased Lines

Surplus after payment of Fixed Charges
Deduct two divldeuds, 3 per cent each, on Preferred

1

Net earnings
Income from other sources

Int.
Int.

Number of
«

;:

tons hauled during the year 1880-90
••
" 1X88-80
<
:;

6,<32..353
(..267..80

°"s>""«'»\'^'"«''''..^'^»^i8«8-8iv.i:w2:7n:il5ii
oi'mxiDiUIs.

Rate per ton per mUe 1800
"
•'
"
1889

<''*ioo

THE

386

CHROlSiCLE.

The Tolume of business for the year shows, therefore, an
increase of 564.578 tons, while the rate per ton per mile shows
a decrease of 1 9-100 mills, and this decrease in rates makes a
difference in the net earnings of the year of $1,558,915 09. In
other words, the net earnings of 1890, applicable to interest,
would have been §4,659,527 41, instead of $3,100,612 32, if the
rates had been the same as in 1889.
Whatever growth there may have been, therefore, in the
amount of traffic has been largely neutralized by the constant
depreciation in rates.
The Funded Debt of the Company, details of which will be
found in the Auditor's Report, amounts to $78,000,000. Of
this $9,000,000, bearing 7 per cent interest, matures in 1895.
Practically there is no floating debt— no obligations of this
character existing which could not be discharged at ouce if
advisable to anticipate them.
Reference to the report of the General Manager will show
that considerable sums have been expended in maintaining
and improving the condition of the roadway and structures
and in renewals of rolling stock.
The road-bed is, generally, in flrst-class condition, and
every mile of the main track is laid with steel rails; but
parts of the line west of the Mississippi River lack proper
ballast, and quite a number of depressions from a proper
working level, called "sags" in railway parlance, must be
taken out and brought into correspondence with average
grades, and the embankments widened before providing
Much work has been done on the east lines in this
ballast.
direction. If an expenditure of $500,000 could, however, be
made in a single year on lines west of the Mississippi River, it
•would be true economy in the end. The loss in operating
expenses over grades which constantly expose freight trains
to breaks in couplings and other damage would, if saved,
amply provide interest on any sum expended in removing
such annoying inequalities of surface, to say nothing of the
greater expense and waste of power in surmounting unnecessary gradients. To secure the maximum of business at the
minimum of expense it is absolutely necessary to place the
lines of the Wabash upon an equality with those of its comin regard to rates, which has occupied
the attention of railway managers in this country for several
years, still awaits solution. Abundant crops and a successful
harvest told favorably upon the traffic of all lines within the
agricultural area of the West, and especially within the grain
Never, however, in the history of railway transportabelts.
tion have such enormous crops been moved from producers to
consumers at such low rates and but for the magnitude of

The great problem

;

movement

could not have been accomplished without
serious loss to the carriers. The result is that a year which
within the last decade would have given large profits to the
railway lines employed has only yielded enough to pay a very
the

ence with property rights to the extent of dictating maximum
rates of transportation without the judgment of the Court,
and against the protest of the carriers, is a practical confiscation of property " without due process of law."
It is a curious and noteworthy fact that in the New England States, and in New York, New Jersey and Pennsylvania,
where railway companies are as a rule justly and liberally
treated, the profits are comparatively large, and the improvements for the safety and comfort of travelers keep pace with,
the progressive spirit of the times; while in the States wherehostile legislation has been most conspicuous the profits of
local roads, or from business on other roads within the boundary lines of those States, have been unreasonably small. Theonly fairly prosperous roads, for example, in the State of Iowa,
are those of great systems, such as the Chicago & Northwestern,
the Chicago Milwaukee & St. Paul, the Chicago Rock Island
& Pacific and the Chicago Burlington & Quincy roads, which
derive their profits largely from traffic passing over their lines
through the State. Eliminating the roads operated by these
great corporations, scarcely a company can be named in Iowa
which has not gone through bankruptcy within the last
decade. Similar results have attended railway operations in
Kansas and Texas, and while such facts may not be attributable to adverse legislation, they may be taken as a fair proof
that excessive profits on the part of the carriers have not
been exacted. It is difficult to find in these conditions anything to justify harsh treatment by State legislatures or the
hostile attitude of the Farmers' Alliance.
No railway can thrive permanently in this country which
does not consult the interest of its patrons and which does
not co-operate practically and heartily in all measures to encourage the growth and develop the prosperity of its resident
population; and no community can thrive which ojjpresses
and cripples the agencies of transportation. It may take
time to demonstrate this, but a fundamental principal governsthe case and experience will establish the truth of the propositions.

The number of railway employees in the State of Iowa inwas 5,594 less than m 188S, and the amount paid to the

1889

employees

petitors.

it

moderate interest on the capital invested. The so-called
"Trunk Lines" have been enabled to maintain dividends of 4
and 5 per cent on their stock, and some of the most prosperous
of the Western lines have done even better than this, while
others have only succeeded in earning a fair surplus over
interest on funded debts. The brilliant exhibition of a very
large increase in the volume of gross earnings has served to
disguise the fact that the average profits, even in such a successful year, have been much less than what would be considered a reasonable return on the capital in vt sted. And yet, in the
face of these indisputable facts, freight rates have been upon
a descending scale during the year, having actually struck

an average reduction of over
compared with those ruling

20 per cent in the last quarter as
in the last six months of 1889.
This particular reduction is, in one sense, voluntary on the part
of tiie railway companies, but, in another, compulsory,
because of the clause in the Inter-State law which forbids the
application of the most effective method known for the adjustment of suicidal competitive struggles.
Hostile State legislation is still to be recognized, however,
as an influential factor in the case, although it has recently
had less popular support. People are beginning to understand
the close union which exists between the avenues of trade
and the trade itself, and to distinguish between intelligent
government and oppression. The growth of this reactionary
feeling will be more evident as information is acquired first,
because injustice will not be tolerated by the great majority
of the people, and. second, because general prosperity is not
compatible with class legislation.
As a rule, the complaints
against railway companies, upon which objectionable laws
are founded, are neither supported nor justified by the facts.
The proof of this is overwhelming and conclusive. The rates of
transportation over railway lines in the United States are
lower than in any other country in the world, and have been
voluntarily reduced by the railway companies ; and it any
discrimination exists in distance tarfes it is in favor of distant
producers and for the benefit of consumers. The necessaries
of life produced in the remote fields of Kansas, Nebraska and
Dakota are thus mada available to consumers at the seaboard
and in Europe. Cast-iron rules which would stop or obstruct
this beneficent supply would cause wide-spread mischief and
perhaps actual distress.
It is so clearly for the interest of carriers to encourage and
develop business by reasonably low rates and superior service
that legislation upon these points appears superfluous and unnecessary; but, nevertheless, just and intelligent supervision
is not objectionable to railway companies.
The people have a
Tight to legal protection against the possible exactions of car''
Jiers, aad to prevent improper discrioiiuation; but a/sx ifttetfer;

[Vol. LI.

SI, 4C 6,826 less

than in 1888.

"The

causes that led to this reduction." say the Railroad
Commissioners of that State, "were diminished tonnage onInter-State business, and the reduction of expenses resuhiag
from the reduction of the number of trains, and the economies introduced to meet these conditions." If to the causes
stated the Commissioners had added that of the arbitrary and
unreasonable reduction of rates by the State Commissioners,
the facts would have been fully given.
Causes which lead to the throwing out of employment of
nearly 6,000 men in a single year, and the cutting off of wages
to the amount of $1,400,000 during the same period, cannot
be cited as proof of wisdom on the part of the legislators of the
State of Iowa, unless measures to curtail the employment of"
workingmen are considered desirable, and a diminishing industry can be taken as evidence of increasing prosperity.
Railw ay employees, consisting of nearly a million of active,
intelligent men in the prime of life, and all voters, seem tobe utterly insensible to the danger which threatens them in
this unprovoked and unjustifiable war against railways. And
yet this persecution is more prejudicial to the industrial
classes which live upon the product of railway traffic than
any grievance which labor organizations can find in railway
administration. The time will come when railway labor will
present its claim for equal protection under the laws which
are intended to favor and encourage American industry. It
will be finally discovered that legislation which cripples and
weakens the agencies of transportation is not in harmony with
the intelligent and progressive spirit of the age.
When the employees of railways and of affiliated industriesawaken to the knowledge of the fact that legislation is directed against their interests, under cover of an attack upon
railway property, and that the effect of reducing the paying^
capacity of railways is to limit the power of these coinpaiiies
to compensate their employees, and to check the construction
of railways as well as to diminish the work of hundreds of
manufacturing industries, they may perhaps see the necessity
of opposing in every legitimate way a policy which has
already interfered seriously with the traffic which gives them

employment.

For the Directors,
O. D.

New

Yorlc,

September

1,

ASHLEY,

President.

1890.

—

Attention is called to the advertisement of the Knickerbocker 'Trust Company in to-day's Chronicle. This companywas organized in 1884 and has taken its place among the older
institutions of its kind in the city. The board of directors
comprise many of the prominent merchants of New York,
while its officers are men of large and practical knowledge in
banking affairs. From the demands of business the company
has recently increased its capital to a million dollars and
opened a branch office at 18 Wall Street, where some one of
its officers is

in daily attendance.

— Messrs. C. T. Wing & Co. offer
selected

list

of railroad

in our columns to-day a
bonds for the attention of investors.

— Parties desiring to secure stock of

the Chemical Nationsd
favorabU figure are invited to communicate with the well-known firm of J. S. Farlee & Brother,
whpse adyertisement appears in another columu,
__
__

Bank

of

New York

at a

.
.

Septkmbke

THE CHRONIOUi

20, ISOO.]

COTTON.

^be ^ommtxcM gimes^
COMMERCIAL EPITOME.
Friday Nioht,

3S7

Friday. P. M.. September 19. 1890.
as indicatod bv our Mngrmma
from the South to-night, is givon below. For the wo«k ending
this evening the total rocoiDts have reached 171, 70S Imlos,
against 124. 36H l)ales last week and 93..5Htt hales thf? previout
week, making the total receipts since the 1st of Sept., W90,

The Movement or the Cnop,

Sept. 19, 1890

principal staples felt, early in the week, the influence of the higli rates of money and the difficulty of obtaininfc
discountt!, but the largo disbursements /rem tlie federal
Treasury caused cheaper money and some recovery in values.

874,986 bales, against 280,006 bales for the same period of
1889, showing an increase since Sept. 1, 1890, of 93,970 balea.

A violent storm

Galveston

All

tlie

local fl(X)ds,

is

wliich swept over the whole country, causing
followed by clear skies and genial temperature.

switchmen on the New York Central Itailroad has been declared "off," having ceased to be of any
practical effect. The Tariff Bill is now in the hands of a Conference Committee of the two Houses of Congress, and it is

The

strike of the

expected that definite action will be reached in the course of
It is reported that the " reciprocity
the coming week.
clause inserted by the Senate has been approved by the con.
'.

Ocean freights are quite low, and cotton charters
are made at cheap rates, owing to scarcity of heavy goods to
ferrees.

Lard on the spot made some advance, but

latterly has de-

veloped weakness, closing fairly active at 6-05c. for prime
city and 6-45(a6-4732C. for prime Western, with refined for
the Continent quoted at 6-4036-90c. The speculation in lard
for future delivery was unsettled, showing yesterday and to<lay some depression due mainly to the increased receipts of
iswine at Western points, but ascribed in part to the check to
the advance in corn. The sales of futures to-day were 4,750 tcs.
DAILT CLOSnia PUCB8 OF LASD FDTUREB.
Wed.
Tuet.
Thur.
Sat.
Hon.
FH.
6'52
6-53
6-50
6-33
658
6 48
October dell very
o.
6-65
6-64
6-66
665
671
601
Uo\ ember dtllvery
I>eoeiulifr delivery

e.

677

6-78

6-77

6-?3

676

6-T4

6-94
6-91
6-93
6-93
7'00
694
January delivery
c.
Pork has met with a moderate demand and prices are steadv
at $11 50 Jt $12 as for mess, $10 50vg$ll for extra prime and
:$13@$14 25 for short clear. Beef is again dearer, the current
supply being nearly exhausted ; quoted extra mess, $7 50@
.•$8; packet, $S 50(gS9 per bbl.; extra India mess, $12 50^$14
per tierce, and family $9 50@|10 50 per bbl. Beef hams are
again lower, with a considerable business at the decline;
•quoted at $li 50® $15 per bbl. Cutmeats are dull and nearly
nominal quoted pickled l>ellies, 6g7}^c., including those
averaging 12^10 lbs. at BJ^fae^^c. also pickled shoulders 5J^
@53ac., and hams 10i^r§10%c.; smoked shoulders 6@ 6J^c.
and hams llp4(a 12c. Tallow has further advanced, and today was fairly active at S^gC. Stearine is quoted at 7Jg® 7,?8C.
and oleomargarine 6)^@6%c. Butter steady at 16@23c. for
creamery. Clieese firmer, but rather quiet at 8}^@ 9 J^c. for
State factory, fuU cream.
Cofifee on the spot has been fairly active, but closes quiet at
18;^c. for No. 7 Rio, with sales of Java at 24}^@24Xc. The
speculation in Rio options was much depressed, especially the
spring months, which were more freely offered, owing to increased estimates of the next crop,clo8ing barely steady, with
:

:

;

;

sellers as follows:
I

I

1

|

;

;

and

Kl Paso, Ac...
Orleans...
Uoblle
Florida

New

Bavaunah
Drunsw'k, &e.
Cbarleston
Fort Royal,d[0
A'ilmlnKton

TKun.

Wtd.

Tutt.

Frl.

8,130

9,662

4,899

6,096

4,297

6,466
1,807

8,343

3,772

975

8,228
1,409

BS3

730

6,289

7,763

4,412|

6,756

6,231

2,208

4,290

1,142

4,079

2,047

2,650

2,029

1,101

2,540

Norfolk

2.563
1,159

210

West Point...

2,640
2,389

2,726
1,395

1,000 bales Sumatra, $t

On

35@$2

60.

57
29,649
6,610

213

213

4,647

6,041
1,047
3,765

87,481
1,047
10,028

1,983

2,269

12,069

7
2,027
1,280

7

1.747
2,498

14,24S
8,081

180

18S

Boston
Baltimore

i
8

25

PliUadelpli'a,&o

205

230

Totals this week 25,597 36.189 30.572 25.123; 27.666 26.661 171,703

For comparison we give the following table showing the
week's total receipts, the total since September 1, 1890, and
the stock to-night, compared with last year.
1890.

Beceiptt to
Sept. 19.

1889.

Since Sep.

This

Week.

1,

95,988
202
57,396
16,520

Sal veston . .
El Paso.&o.
New Orleans.
Mobile
Florida

41,240
57

213

215

Savannah. ..
Bruns.,&c.

37,481
1,947
19,028

89,307
4,796
40,333

Charleston

..

Royal.&c
Wilmington
Wasb'tn.&c

29,.54S

6,510

Thia
Week.

1890.

.

Norfolk

7
14,243

West Point.
NwptN.,&c

New York.

77,792

198

28,493
6,183
37,461
2,718
15,005

PhU'del'a,

8

171,708

Totals

81,477
2.868
27,037
15
5,892

49,S85

45,828

26,945

15,477

18,2«3

4,194

14,184

2,880

14
5,592
13,489

216

394

703
127
10
43
230

230

33,«93
3,105

14

189

..

81,699
4,432

4,914
6,850

..

Ac

51,871
14,139

2.0,441

7

Baltimore.

40,68«

4,554

14,918

1889.

60,166

24,712
15

8,931

Boston

1890.

75

13
12,06!)

Stock.

Since Sep.
1, 1889.

29,706

P.

144

5
2
181

374.936 136,348

280.966

2

••«•

......

21,065
2,500
2,221

26,672
2,000
1,928
2,599

221,214

170,360

855

In order that comparison may be made with other years,
give below the totals at leading ports for six seasons.
Receipts

at—

1890.

1889.

1888.

41,297
39,548
6.510
37,481
19,028
12,076
11,243
9,120
2,405

29,781
28,493
6,183
37,461
15,018
4,568
4,914
7,066
2,864

25,560
20,158
5.128
24.996
6,990
2,095
2,863
608
1,279

Balv'ston,&o
New Orleans
Mobile

Savannab.

..

WiIm'gt'n,&o
Norfolk
W't Point, <tc
A'.'otbers

1

1887.

1

1886.

33,148
37,821
5,512
46,799
27,293
12,344
12,368
10,346
2,109

we

1885.

27,630

31,979
15,854
3,012
4,525
125
2,05T

19,408
14,826
4,781
34,625
19,929
4,657
7,936
7,418
1,208

17.661
3,758

tot. this week

171,708

136,348

89,677

187,740

106.601

114,873

Since Sept. 1.

374,936

280,966

174,532

414,737

232.8'BO

275,466

The exports

for the week ending this evening reach a total
of 67,300 bales, of which 45.594 were to Great Britain,
to France and 21,706 to the rest of the Continent.
Below are
the exports for the week, and since September 1. 1890^

Week EnMnii

from—

Sept 19.

Exported to—

Extorts
Qrtat

1

BrW'n.!

**«««

I

From

Sept.

1.

1880, to Sept. 19, 1800

Bxportsd to—

I

ertat
Week. BrUaln. Franet

OotM.

Conti-\ Tot<a

ntnt.

fMnt.

Total.

I

Galveston

New

Orleans.

4.617
10,806

4.0171

20,138

7,1880

18,036;

(3,06S

4,600,

4,600

10,024

7.280,

20,188
SOJSft

Mobile

Savaonah
Brunswick
Cliarleston
Wllinlii«ton...

much damage

Total. 1889... ! 21.892' 13.0461

hop yards.

4I,240

New York

the Metal Exchange, Straits tin was doing better, with
sales of 35 tons at 24c., and quoted at 22*75c. for December.
Ingot copper was neglected and nominal. Domestic lead is
firm, but rather quiet at 5'lOc. The interior iron markets
show more activity. Steel rails are more firmly held.
Refined Petroleum is quoted at 7'40c. in barrels and 9'208. in
cases. Crude in bbls. 7'.30c.; naphtha, 7'40c.; crudecertificates,
81J^c. Spirits turpentine is steady at 40J^'341c. Basins are
quiet at $1 40* $1 45 for common to good strained. Wool in
£ood demand. Hops are firm, the recent storms having done
in

Total.

I

4,612
57
9.4tl
1,007

Wasli'Ktun,i)fcc

Charl'»t'n,&c

16-500. Marcb
eeptember
1815o. December
15-30o'
15- 10c.
October
17'3nc. January
15-85o. April...
15-550. May
Kovem'jer
1670o. February
14-75c
Raw sugars are dull at 5 7-16c. for fair refining Muscovado
and 6 l-16c. for centrifugal. 96 deg. test, closing weak in
sympathy with foreign advices. Refined sugars are unchanged
at 7 l-16c. for standard crushed and 6f^c. for granulated. The
tea sale went off at easier prices for new crop Formosas, but
otherwise about steady. Rice is steady. It is said that the
yield of the new crop is quite deficient.
Kentucky tobacco has been steady and moderately active.
Seed leaf continues active; tlie maturing crop in Connecticut
is somewhat damaged by recent storms; sales 3,395 cases, as
follows: 500 case.i 1889 crop, Pennsylvania Havana, 12@14c.;
600 cases 1889 crop, Pennsylvania seed, 10^ 12c.
300 cases
1889 crop. New England Havana, 13i^'3 26c.; 900 cases 1889
crop. State Havana, 12(31 14c. 500 cases 1889 crop, Wisconsin
Havana, 10@12c.; 400 ca-ses 1889 crop, Ohio, 7J^@10c.; 120
cases 1889 croD, New England seed, p. t., and 75 cases 1888
crop, State Havana, 15c.; also 900 bales Havana, 65 g
15,

Hon.

Sat.

7,041

N'wp'tN'8,4c.

:go forward.

$1

BeeeiptMat—

Norfolk
VVeet Point....
N'port Nws, Ac

New

York..

Boston..

..

Baltimore..
Phila<leip'a,&c

TotaL

'

7,4S9
4,9SS

7,458
4.986

14.7M
9.007
7.4f»

9,007!

7,4£9
9,881!

6400|
i.

14.067
3.006

714

8,872

41
963

22,030
8.017:

S.528

1,677

1,884;

67.8001

4S.6i)4

T.68a

42.0231

».17»

<0.1&3

131.689

80.84TU.29l

4li

1

068;

tgtr

««.»fl*

1&3,79»

12J81

10aAl»

a

g

.

^

THE LHRONICLE.

388

In addition to abovQ exports, our telegrams to-night also
give us the following amounts of cotton on shipboard, not
We add similar figures for
cleared, at the ports named.
New York, which are prepared for our special use by Messrs,
Carey, Yale & Lambert. 24 Beaver Street.

[Vol.

The Sales and Prices of Futures

are

shown by the

s

012.

•ra

5-5--

A

>

CD ss

—»

a »

not cleared—for

iB

O ®

1?

O

00 -

»

Leaving

at-

Great
Britain,

New Orleans...

New York
Other ports

15,521
None.
15,000
21,900
32,706
13,000
4,850
13,000

16,178
4,432
11.945
26,985
17.459
1,184

OB-

a,

g^2

ft

1,646

None.

500

600

None.

3,000

68,467

5,584 26,874

15,052

115,977

105,237

M

41,142
24,935

6,835

27.862
9,527

19,243
13,448

95,082
48,428

84,278
150,319

COCO
air*

3,438

None.
None.
None.

518

m

10,839

market
was moderately active at hardening prices on Saturday and
Monday of the week under review. There was a severe
storm in Arkansas and excessive rains in various parts of the
South, and there were fears that the crop would be seriously
damaged. But the large receipts at the ports and the stringent money market were obstacles to the bull movement, and
on Tuesday, September options developed exceptional weakness under the urgency of Southern sellers for early arrival,
while the winter and spring months were slightly dearer^
owing to the belief that money would soon be cheaper, and
the general situation more favorable to speculative action.
On Wednesday there was towards the close a slight decline
under sales to realize, prompted by clearing weather
at the South and the absence of any general speculative
interest in support of prices. On Thursday there was some
further depression, under the lack of active influences of a

01

1

OQ-

p

0,0

I

a>
-^

»).";

MMCJM

15

cow »
COM ^
».":,

oca

I

00

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COCO^CO

c;i

00

5

(iM
OCn

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"^

I

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-

o 2

5

co-«

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a*'

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00

00

f'CO

tOCD

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s.w:
MICH'

5

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I

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MMCOM

0000

COl(i*»i

QDM

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•< >-<i!t

COCO

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8,02.

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tf

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to

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rf*c»

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0)0

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MKl=>ti ^LiJ.O^
ot o
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MM
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00 5
99 ? 00 5 00
H>M © ^M © tiii 2 tsts
t^rI

1

I

1

.

I

CTiCOW*
1

aP:

fc.

3
OOtO"'

^<lM--4
I

2

e.®:

MMOIM MMcnM
1

000 0000 COOO
tc<=»
MM*M
MQt CO »» -1
Kl
CO
MM
MM
00 5> 99 ? 09 ^
< CO 5
2 toK) 2 KHO 2 »K> 2
~ MM
(OOD
Mta 1 wen
cnc:
so
».*";
®.®:
SJ^:
s
S»:
MMCnM
csooo
COOO
COOO MOM
000 MMif-M
COCO MMODM
KKiOm
lOCO^IO
00 »
<i
*>C0
t3
go
li.10,^

tgoo

8<»:

at

S).»:
^^^^
ocoo COOO 0000

MmIom

I

b^io
00 <B
MM
MM
t>
00 5 99 •?
MM
MM A 99
^M
QDQD —
-J^M*' Oaco

-I

t^<^

* li

tc Kt

"^

S»:

JO
00

c;i

MM ^
MM b
99 •? 99 ? 99
M" <*
^
0005
OICO

b*-

OOi^m''
c

00
1

7,200
2-10-13

mmO,1

v<cn

op

•?

e.":

MM ;j»M
ooao

0!<I

0>

1

Mli0.i
Xt3 CD

I

*<

-^

I

upland clcsing at lOJ^c,
The total sales for forward delivery for the week are 330,800
bales.
For immediate delivery the total sales foot up this week
8,876 bales, including 1,170 for export, 3,706 for consumption,
for speculation, and
in transit.
Of the above
bales
were to arrive. The following are the official quotations for
each day of the past week September 13 to September 19,

—

:>

09

for future delivery at this

character to support values, but a demand to cover contracts
caused a steadier closing, and to-day there was a slight improvement from the fame cause.
In fact it appears that
when the winter months approach 10 cts. strong buyers come
forward. Cotton on the spot further advanced l-16c. on Saturday, but declined %c. on Tuesday, in sympathy with the weak
Southern markets, followed on Thursday by a further decline
of l-16c. To-day quotations were again l-16c. lower, middling

.

3"
B
a 00 0)03

n

16.-il5

I

The speculation in cotton

—

^4»

None.

Total 1889...
Total 1888...

Galveston
Norfolk

1,055

Stock.

Total.

None.
3,000
3,300
7,697
None.
None.
None.

Total 1890...

Cbarleston ....

gavannah

wise.

escc

-8s a>

1,256
None.
6,000
15,000
1,018

9,772
None.
6,000
3,600
22,345
13,000
3,750
10,000

}Ioblie

Coast-

Other
France. Foreign

U.

following comprehensive table:

GO

On Shipboard,
,8ept. 19,

:

1

1

I

''

I

:

1

—

—

UPLANDS.
Ordinary
Strict Ordinary
Good Ordinary
Strict G ood Ordinary
Low Middling
Strict Low Middling
Middling

Sat.

y lb. 8%
9»l«

9^8
9'8
106,8 10»„
10",, 109 «

GoodMiddline
Good Middling

8

9%

8

8%
9^

9",,

9\

S»"u
10»8

10»18 lO'ie
10'l8 107,,
10^ 10%
1008
lOTg
11
11
IO'b
113,, 113,8 Il'l8 111,8
11»6 11»8 ll^l
12ie
12>8
12
12

1013,,

GULF.

y

lb,

Sat.

Mod Toe* Wed

Th.

86,8

8i«
8»16

96b

9»8

lOh,

101,„

916„

8%

8%

Sat.
8I3

Strict Good Ordinary
Low Middling
Middling

O'le

lOM

noD Tnee Wed
7%~ 7%

7'8
838
81a
9^18
9'i«
IOI4
lOifi

8%

95,6
lOifl

10%

101»,g
1138
lilt,. 11^8

im

^Ib.

9H

11

868
9>3
Sli«
91*16 9^8
lOij
IOHj
1038
1038
106,8
10% 10% lOSg 10»8 10>,8
10.5, 10!6,e 10",a 1013,e 10%
ll-'',8 ll>t« lllt« 11
11% 1138 III4
113,,
1113,6 1113,6 lliiii lllllf 11%
125,« 126,, 123,« 12i,« 1218

STAINED.

7'8
8S,8
9<i.

101,8
10'l8
10»,8 10>s

Ws

8',«
868
9I3

Frl

10%

im

Middling Fair
Fair

Good Ordinary

8>8
8»:«

9'! 6

Strict

Ordinary
Strict Ordinary
Good Ordinary
Strict G ood Ordinary
Low Middling
Strict Low Middling
Middling
Good Middling
Strict Good Middling
Middling Fair
Fair

man Turn Wed Tb.

I

Frt.

938
91»1.

1014
lOia
1011 „
1016,

Ills
11»18
12'l8

Tb. Frl.
ZJ'i'

914
101,8

8I4

1^'

MARKET AND SALES.
The total sales and future deliveries each day during the
week are indicated in the following statement. For the
^F* We have included in tbe above table, and sball oontlnae eaok
convenience of the reader we also add a column which showi week
to give, the average price of futures each day for each month.
It
will be found under each day following the abbreviation " Aver." The
at a glance how the market closed on same days.
SPOT MABKET
CLOSKD.
Bat-. Quiet at i,f adv.
Mon. Quiet and Arm..
Tuea. Quiet at !« dec.

Wed Kaay

Thur. Quiet at
Frl...

Total

The

Easy at

BALKS OP SPOT AHD TRANSIT.
FxCon- Spec- TranTotal.
port. sump. uPt'n sU.
1,170

1,174

201
374
261
457
239

.

i,a dec.
I18 dec.

1,170

2,706

2,344
201

....
'.'.::

374
261
45",

—

239

FCTnRKS.
Sales.

eries.

The following exchanges have been made during the week
•08 pd. to exch. 200 Dee. for Feb.
•02 pd. to exch. 1,000 Dec. for Jan.

28,400
81,700
eo,7oo
48.700
57,000
54,300

3,876 330,80(.

average for each month for the weeli is also given at bottom of table.
Trausferable Orders— Saturday, 10-45c.: Monday, 10-50o.; Tuesday,
10-45C.; Wednesday. 10-40c.: Thursday, 10-35c.; Friday, 10-40o.

|

Even. 100 Deo. for Nov.

|

The Visible Supply of Cotton to-night, as made up by cable
is as follows.
The Continental stocks, as well aa
those for Great Britain and the afloat are this week's returns,
and consequently all the European figures are brought down
to Thursday evening. But to make the totals the complete
figures for to-night (Sept. 19), we add the item of exports front
the United States, including in it the exports of Friday only.

and telegraph,

.a*.

dally deliveries given above are actually dellyered the day
VrarlouB to that on which they are reported.

—

Skptgmber

..

THE CHRONICLK

20, 1890. J

1S80.

1988.

18H7.

balps

319.000
30.000

120,000
23,000

232,000
12,000

111,000
»U,000

Total GrentBrlttt1a«took.
Block at IlaiubiirK
Btock at Hrpinon
Btook at Ain«t<>r<1am
Btock at Rottcnluiu
Btook at Antwerp
Btock at Havre
Btook lit Marseillea
Btock at Barcelona
Btook at Oenoa
Btock at Trieste

579,000
3,800
15,000
4,000

443,000
2,800
10.800
S,000

244,000
5.000
10,^00
4.000

200

300

1,000
112,000
3.000
28.000
4,000
3,000

15,000
69.0O0

300
800
73.000

."i.OOO

'J.dOO

31.000
0,000
2,000

3.i,000

447.000
4.000
40,000
22.000
200
900
105,000
2.000
26,000

6,000
7,000

14,000

Total Continental Btooks

176,500

145,600

146,900

285,700

Total European Htocks.. ..
India cotton fttloat for Europe.
Amcr.cotl'iiaHoat for Europe.
Eg3rpt.Brazil.\c..aHtforE'rpe
Btook lu United Btates port« ..
Btock in U. H. Interior townB..
Duited Btates exports to-day.

755.500
40.000
148.000
11.000
221,214
27,518
111

588,600
45,000
78.000
0.000
170.380
19,083
4,911

390,900
55.000
74.000
10.000
198,747
24,219
8,316

732,700

1

Btockat Uvprpool
Btock at Loudon

S1>0.

li.OOO

11«,(IOO

8H,000
30,IK)U

299,139
65,200
14.195

Total visible supply
1,203.343 918,954 761,182 1,346,540
Of the above, the totals of American and other descrlpt ions are a s follows:

Amenean—

Liverpool stock
Coutlnental stocks

American

bales

afloat for Europe...

United States stock
United States interior stocks..
United States export« to-day.
Total American
Matt Indian, Brazil, iCe.
UveriMiol stock
I/)ndon stock
Continental .stocks
India afloat for Europe
Egypt, Brazil, Ac, afloat

Total East India, *c
Total American

213.000
67,000
148.000
231.211
27,518
Ill

220,000
76,000
76,000
170,360
19,083
4,911

116,000
70.000
74.000
198.717
21,219
8,316

676,813

575,354

491,282

336,000
30,000
109.500
40.000
11 ,000

200.000
23.000
69,600
15,000
6,000

116,000
12.000
70.900
55,000
10,000

526.500
676.813

313.600
575,351

269.900
191,282

Total visible supply
1,203,313
Price Mid. Upl., Liverpool....
SiHisd.
Price Mid. Upl.,New York....
lOHo.

lar The imports

.

918,954
6%d.
11>40.

into Contineatal ports this

177,000
122.000
88.000
209,139
65,206
14,495

889

Quotations fob Middling Cottos at Otkicr Maekkth.—

[n the table l)elow we give the cloning quotation* of middling
ootton at .Southern ana other priDoijiol cotton mmrketa for e«cE
day of the past week:

OLOaiHO ^aOTATIOin for MIODLOia OOTTOX

W»ek »tullng
Sept.

19.

Uon.

Turn.

Wtdnei,

9\
O'g
9^
9\

91V
9'«

O's
9'e

9^«

9^s
9'g

9''«3>10

Satar.

Salveaton
Xew Orleans
Mobile
Savannah...
. .

ruarleston.
(VllmluKton.

9%
9\

9\

9%

97.910

10«I«
10«»

11

lonj
1038

1011,.

10%

11
91j

11

11

io4

.Vorfolk

Boston
Baltimore...
Philadelpbta

Angnsta..

Memphis

..

...

9\

10

Ixmis....
Cincinnati ..

9lB,e
lOH,'^

i8i:"

Louisville...

lOM

1014

St.

10>l,

.

10
O's
10>f

.

9»u
9\»l)q«

io»i
ion*
11
9i>g9^

10»S

io4
lo'a

iS'^'*
9Tg
lOif

IC

10<«

10>4

9«
»%

101,/

loV

closing quotations to-<lay (Friday)
Southern markets were as follows:
Atlanta
9',» Little Rock....
fl»8
9i2
Columbus, 6a.
Montgomery
90g
Columbus, Miss
Nashville
10
9»,s
Eufaula
Natchez
91a
O'l,

#M.

9\
9\
9\

10

The

OR—

Thurt.

9\

9T«»10

9T«
lOl.s
10li,g
10%i

1

103tl

at other important
Bnlelgb

9<%

Rome

Belma
Bhreveport

Receipts From the Plantations.—The following tabl«
indicates the actual movement each week from the plantations.
765,840 The figures do not include overland receipts nor Southern
consumption; they are simply a statement of the weekly
231,000
36.000
183,700
116,000
30,000

movement from the
finally reaches the

Wttk

Stufptt at

579,700
765,840

761,182 1,845,510
5i3iBd.
10i,aC.

57i.4.
9iii*c.

week have been

17,000 bales.

1868.

At the Interior Towns the movement—that is

the receipts
for the week, and since September 1, the shipments for the
week and the stocks to-night, and the same items for the
corresponding period of 1889—is set out in detail in the
following statement.

tlte

Port*.

1880.

IS.llB

"

29
Sept. 6
"
1«.

...

V»

1,100

1868.

16,S4«
15.991

7,880j

15,165

8.727

18,517

6,532

8,76«
11.295

33.830

37,709

12.810

1

1880.

7,207

3»,1M 67.152 9t,588 17,828 17,797
0Z.9M 121.3ee 21.291 23,022

4S,«91

80,477 188,348 171,708

38,608

The above statement shows:

1.

29,529

1

1690.

a.8S3
8,9«4

1886.

1

w.«o6|

1880.

to

to

W Owes ® M *.«,<! 00

"ic to'Hb'

to "boo

cc-

I?
Sis

o

tsto.-

_-»w

w^*-"*

C0tO0C^<l

to

MW

l**lf.-0C0D^XCCt0C.;Cn*J*lOC;^t0C —
p**i*^aoto*ao»H'OcccsosOi*-tctot>iai-'

tC CI

X M C CC «

U

If-lt-

-WO0C

o

coccoooit^M^

ta

*. tt r-

<)C009

Ot

-tOtlO't^MCCWOWO'r tooo;to*.w
- OD X
©tOC*JM--'.K^^lC-MOJUS^ - o, <j~ m c:

MM

18.806
26,131

11.637
49.161

99.192 99,506
98.249 130.907
36,821 104.894!lf9,8-,5 181,896

—That the total receipts from

since September 1, 1890, are 396,944 bales; in
1888 were 195,665 bales.
2.
That, although the receipts at the outports the past week
were 171,708 bales, the actual movement from plantations was
181,895 bales, the balance going to increase the stocks at
the interior towns. Last year the receipts from the plantations
for the same week were 139.855 bales and for 1888 they wera
104.894 bales.
1889

were

—

295,0.51 bales; in

—

Wkathkr Reports by Telegraph. Our telegraphic advices from the South this evening indicate that rain has been
quite general throughout the cotton belt during the week. In
portions of the Atlantic States, Texas, Ailcansas and Tennessee the precipitation has been rather heavy, interrupting picking, but elsewhere it has been light as a rule, and the work of
gathering the crop has progressed favorably. Cotton is being

MM

^

MOMlCt.

to.

00

age thermometer 79, highest 86 and lowest 72.
Palestine, Texas. We have had hard rain on two days of
the week, the precipitation reaching two inches. The thermometer has averaged 78, the highest being 92 and the lowest

—

68 to 92.
Dallas, Texas.

woitatoos

—

The weather has been dry all the week.
The thermometer has ranged from 60 to 92, averaging 76.
San Antonio, Texas.— TheTe has been rather heavy, but at
the same time beneficial, rain on three davs of the week, to
the extent of three inches and three hundredths. Average
thermometer 81, highpst 94, lowest 68.
Luling, Texas. flcking is active and we wi'.l make as much
cotton as there is labor to gather it. It has been showery on
one day of the week, the rainfall reaching thirty five hundredths of an inch. The thermometer has averaged 81, the
highest being 94 and the lowest 68.
Columbia, 7ea;a«. —Picking has been interfered with by
rain, which has fallen on two days of the week to the extent
of two inches and sixty-three hundredths. The thermometer
has averaged 78, ranging from 68 to 88.
Cuero, Texas. We have had hard rain on two days during
the week, rather injurious to cotton, but otherwise beneficial.
The precipitation reached four inchi-s and fifty hundredths.
The thermometer has ranged from 56 to 94, averaging 75.
Brenham, Texas.— Fine showers, doii,g goo<i. have visited
The rainfall reached
this section on two days of the week.
one inch and sixty-four hundredths. Average thermometer

a -J .- M en E 0! a
o;m«m*-<i

U?.

week,
Aver-

Suntsville, Texas. There have been good showers on four
days of the week, the rainfall reaching one inch and fifty two
hundredths. The thermometer has averaged 80, ranging from

^j_.5C*^"*^<IfOtO^OSrfkr'tO*.eDCCMb'l^
cj>

—

64.

'-2
CO A

MOCt»CtOO<Dlfr.0^t0.vJtOC®tOif*-.D©

o M e to M o M

8.880

—

!:if^otccxtccc:to<i

on

1800.

e.su 19,S»«
18.281
U,»7» in.803 20,230 16 816

freely.
<ialveston, Jexas. It has rained on six days of the
the rainfall reaching sixty one-hundredths of an inch.
CC^COO

;

eis;

the plantations

marketed

COCJ'Ki

which

Bee'ptt from Ftant'nt.

1800.

I

Ang. 16
" it

•'

The above figures indicate an increase in the cotton in sight
to-night of 284,3t*9 bales as compared with the same date
of 1889, an increase of 442,161 bales as compared with the
corresponding date of 1888 and a decrease of 142,197 bales
as compared with 1887.

plantations of that part of the crop

market through the outports.

35O'pt0i**Q0**|.-y.M&5Q3^O'CJItTWtn
-

—

^ttMM
*0

00 3:

M COW
H' (U

^«I0

CnKCOOUX'MMKOSCSKlblw'i-ai

COOSMaO0'^-JWW-JifcN-«*4ifi.aDQ0MOl«

mwCCSCMOC©
H* CD

"-i

** iC

WW

p^h-iji.ioyiaDCD-.j-gosu'UOiCM'^WMao
*-

Oo-'OCO —
CO Oi t-' tv

O

;

MM

*'?^

OD**

—

w "^ ^

— 1^
<0
--J

s-

CO

M

r'l*,"

^^

>3

&

©(coscBno(«!xpe:o:^-gac>(XO«<iK*
r-eooco^c;tuifk-aceach-*oo:to-go
*
t

Lmisville Heures "net" in both years,
This year estimated.

The above totals show that the old Interior stocks have
mereased during the week 10,124 hales, and are to-night 8,43.')
bales more than at the same period last year. The receipts at
the same towns have been 7,226 bales more than the same
week last year, and since Sept. 1 the receipts at all the towns
*
are 41,233 bales more than for the same time in 1889. «;
'

"

'

80, highest 92. lowest 68.
Belion, Texo*. —Picking is active. There has been one light
shower, the precipitation being two hundredths of an inch.
The thermometer has averaged 79, the highest being 96 and
the lowest 63.
Weatherford, Texas.— We have had one welcome shower
during the week, benefitting everything. Crops are good.
The rainfall reached sixty hundredths of an inch. The thermometer has ranged from 52 to 92, averaging 72.

I

THE CHRONICLE

390

—

New Orleans, Louisiana. We had rain on two days of the
week, the rainfall reaching five hundredths of an inch. The
thermometer has averaged 79.

—Rainfall for the week seventy-four

Shreveport, Louisiana.

Average thermometer

hundredths of an inch.
lowest

,

.

64,

77, highest 92.

—

[Vol. LI.

According to the foregoing, Bombay appears to show
an increase compared with last year in the week's receipts of
2,000 bales and an increase in shipments of 1,000 bales, and
the shipments since .lanuary 1 show an increase of 167,000 bales.
The movement at Calcutta, Madras, and other India ports for
vhe last reported week and since the 1st of January, for two
years, has been as follows.
"Other ports" cover Ceylon,
Tuticorin. Kurrachee and Coconada.

Rain has fallen on two days of the
extent of seventy hundredths of an inch. The
thermometer has averaged 72, the highest being 88 and the
Shipments for the week.
Shipments since January 1,
lowest 58.
Leland, Mississippi. The week's precipitation has been one
Oreat
ConHGreat
Total.
Total.
Britain.
nmt.
The thermometer has
Britain. Continenl.
inch and thirty-six hundredths.
averaged 75, ranging from 59 to 90.
Calcutta Vickshurg, Mississippi. Telegram not received.
1890
1,0c
1,000
25.000
102.000
127,000
1889
It has rained continuously on four
Little Rock, Arkansas.
33,000
45,000
78,000
days of the past week, the rainfall being two inches and twenty- Madras—
1890
3,000
3,000
52,000
7,000
59,000
six hundredths. This rain is very objectionable to cotton plant1889
3,000
1,000
4,000
51,000
8,000
59,000
The thermometer has averaged All others—
ers; dry weather is needed.
1890
8,000
8,000
87.000
46.000
133,000
74, ranging from 58 to 89.
1889
6,000
3,666
9,000
65,000
39,000
104,000
Helena, Arkansas. There has been heavy showers on three
days of the week, the Precipitation reaching two inches and Total all—
1890
12.000
12,000
164,000
thirteen hundredths. Too much rain has done some damage
155,000
319,000
1889
9,000
4,006
13,000
149,000
92,000
241,000
to cotton through rot, but there are no worms here. The
thermometer has ranged from 54 to 86, averaging 71.
The above totals for the week show that the movement from
Memphis, Tennessee. The weather during the past week the ports other than Bombay is 1 ,000 bales less than the same
has been quite unfavorable. Nights have been cool, and raiu week last year. For the whale of India, therefore, the total
has fallen on five days of the week to the extent of one inch shipments since January 1, 1890, and for the corresponding
and ninety-eight hundredths. Picking has been delayed, and periods of the two previous years, are as follows:
there is some rotting of bolls on account of wet weather, but
EXPORTS TO EUROPE FBOM ALL IKBIA.
no serious damage done. Average thermometer 68, highest
1889.
1890.
1888.
lowest
52.
85,
Shipments
Nashville, Tennessee. There has been no rain all the week.
to alt Europe
This
Since
This
Sitiee
This
Since
The thermometer has averaged 69, the highest being 79 and
from —
week.
Jan. I.
week.
Jan. 1.
week.
Jan. 1
the lowest 59.
1,000:1,370,000
1,203,000
6,000 826,000
Mobile, Alabama. Crop reports are more favorable on ac- Bombay
Ail other porta. 12,000| 319,000 13; 066
241,000
7,000 196,000
count of the decided improvement in the weather. Rain has
fallen on one day of the week to the extent of four hundredths
Total
13,000 1,699,000 13,000 1,444,000 13,000 1,022,000
of an inch. The thermometer has averaged 78, ranging from
Alexandria Receipts and Shipments. Through arrange66 to 90.
ments we have made with Messrs. Davies, Benachi & Co., of
Auburn, Alabama.'^-TheTe has been no rain all the week.
The thermometer has averaged 75-6, the highest being 86 and Liverpool and Alexandria, we now receive a weekly cable of
the movements of cotton at Alexandria, Egypt. The following
the lowest 64.
are the receipts and shipments for the past week and for the
Selma, Alabama. Telegram not received.
week of the previous two years.
Montgomery. Alabama. The early part of the week rain corresponding
fell on two days, but the latter portion has been dry and
Alexandria, Egypt,
1888.
1890.
1889.
September 17.
warm. The rainfall reached twenty-five hundredths of an
inch.
Picking continues uninterrupted. The thermometer
Receipts (can tars*)
has ranged from 64 to 90, averaging 77.
This week
80,000
32,000
15,000
Madison, Horida. We have had rain on five days of the
Since Sept. 1
126,000
47,000
33,000
precipitation
five
incheb
and
two-hunweek, the
reaching
Since
This
Since
This
Sinee
This
dredths. The thermometer has averaged 78, ranging from 69
week. ^Sept. 1.
week. \Sept. l.l week. \Sept. 1.
Columbus, Mississippi^

week

to the

—

1

1

—
—

—

—

—

—

—

—

—

—

I

I

I

I

to 91.

— The thermometer has ranged from 70
Georgia. —We have had rain on five days of the

Columbus, Qeorgia.
to 86, averaging 77.

S.tpnrt» (bales)—

1

To Liverpool

I

To Continent

3.00o!
1,0001

6.000

3,000
1,000

2,000;

3,000
2,000

5,000
2,000

3,000
2,000

Savannah,
5,000
4,0001
8,000 4,000l
5,000|
7,000
Total Europe
week, the rainfall reaching three inches and ten hundredths.
" A cantar is 98 pounds.
Average thermometer 76, highest 87, lowest 66.
Augusta, Georgia. The early part of the week we had
This Statement shows that the receipts for the week ending
rain on four days, but at the close the weather is clear and Sept. 17 were 80,000 cantars and the shipments to all Europe
pleasant. Accounts from the crop are less favorable. Recent 4,0«0 bales.
rains have had a damaging effect and it is claimed that the
Market. Our report received by cable to-nigh t
I

—

product will be reduced five to ten per cent.

Picking

making good progress and cotton

in freely.

is

coming

is

now

The

thermometer has averaged 77, the highest being 88 and the
lowest 64, and the rainfall reached four inches and two hundredths.
Charleston, South Carolina. Rain has fallen on five days
of the week to the extent of two inches and fortv-one hundredths. The thermometer has averaged 78, ranging from 69
to 87.
Stafeburg, South Carolina. Rain has fallen on six days of
the week to the extent of one inch and fifteen hundredths.
There has been too much lain and cloudy weather for cotton.
The thermometer has ranged from 66 to 82, averaging 73-6.
Wilson, North Carolina.— It has rained on four days of the
week, the precipitation reaching one inch and sixty-five hundredths. Average thermometer 75, highest 84, lowest 60.
The following statement we have also received by telegraph,
showing the height of the rivers at the point-s named at 3
o'clock September 18, 1890. and September 19, 1889.

—

comparison:

New OrJeans

Above low-water mark.
.Above low-water mark.
Above low-trater mark.
Above low- water mark.
Above low-wat^r mark.

Hetnpliia
Kasliville

Sbreve[K)rt
VicBslnirir

NOTK.— Reports are now made la feet and
India Cotton Movement
and shipments of cotton at
the week and year, bringing
BOMBAY BECEIPTS ASD
S/Upm etUt thU week.
Tear

1890
1889
188b
1887

(Jreal Contilinl'n. ncnt.

1,000

6.066
2,000

„

,

,

Total.

Feel.

Fert.

3-9
9
13-7

5-7

7

23

4-4
ll-o

10-5

n-6

Oreat

|

Britaiti.

Continenl.

Total.

1,000 340.000 lOSOOOO 1.370,000
3(i2.0OO 84 1,000,1,203,000
6.006 211.000 615.000, 826.000
2,000 363,0001664,000| 1,027,000

This

receipts
for

d.

6

5

" 29!8'« »85|
8ept.6 8% «859

1218%
19 8%

•a8'>8

S'8»8

8.

a7
37

SM

,.

I

lbs.

j

d.

d.

9.

d.

«7
»7

3

3

513,6 8iie a>8»ip

6

817

6

»7 2

6 5
6 41287
6 4»s®7
6 413 j7

5
3

638
6'l8

412 »7

3

li.

8

-aisifl

»7

a7

^jpia.

d.

fl.

6
8li.,'38 *ia 6
8U««8»ie 6
5i3,e 8i,6a8'ie 6

6

CotVn
j^iifi

Shirtings,

Twist.

d.

d.

5

16

I

Vplda\

d.

63g
ens
66g

1

2
2
2
2

tDKoPEAS CorroN Consumption to SEPTEsiBEa

6%
611.,

1.

— By

Mr. Ellison's cotton figures brought down
We give also the revised totals for last year,
to Sc-ptember 1.
The spionera' takings in
thit comparison may be made
actual bales and pounds have been as follows:
cable to-day

we have

raUuxs

Oreal Britain.

Continenl.

Total.

In

pounds

rakln)?»

1.

4.000 l.SSO.OOO
2,000,1,708.000
1.000, 1,2-<S. 000
4, OOOl 1,439,000

3,678,000

467

440

...bBlm-

3,073,000

of baloc .lbs

457

by spluners

taklnKS In pounds
Sitiee

6,815,000
452-4
1.464,979,000 1,618,320,000 3,083,299,000
3,137.000

Por 1888-89.
Ivenwe weight

Jan.

a.

by spinners. . .bales
iverajce weight of balee.lbs

Receipts.

Week.

d.

«8''e
22;Si9 »8!ii

„,

32« Cop.

For 1889-90.

SHIPMENTS FOB FOCR YEARS.
1.

d.

Ar.15 gss
•'

Mid.

Shirtings.

Twist.

Caklnjfs

Bombay have been as follows
the figures down to Sept. 18.

Shipments situ e Jan.

SM

32» Cop.

Colt'n
lbs.

October 1 V> Sepleii'ber 1.

tentlis.

from all Ports.—The

1889.

1890.

—

\Scpt. la. -9 0. tSept. 19. '89.

—

Manchester

from Manchester states that the market is steady for both
yarns and shirtings. The demand for both home trade and
We give the prices for to-day below,
foreign markets is good.
and leave those for previous weeks of this and last year for

1,405,243,0

6,630,000
446-8
1.567.094,000 2,962,337,000
3,555,000

438

Accordinif to the above, the average weight of the deliveries
in Gre*t Britain is 467 pounds per bale this season, against
457 pounds during the same time last season. The Continental
deliveries average 440 pounds, against i'i^ pounds last year,
and for the whole of Earope itie deliveries average 453-4
poundi>, against 446 8 pounds. Our dispatch also gives the full
movement for this year and laat year in bales of 400 pounds.

...

.

.

Septbmbeb

20,

THE CnRONKl^E.

i890.J

1880-03.

Ocl. 1 (0 Sept. I.
Biitet

of 400

000*

tacK,
omititA.
<6j.

8pl ineni' atook Oot.

TaklQKS tuSoiit.

amU

Qonti-

BrUaXn

ntnt.

85

1.

3.663.

1....

Sipply
3.718,
Oonaumptl'D 48 week! 3,876.
Bplnnere' atook Sitpt

1888-80.

0r»al
OonliBrUaln. nenl.

Total.

Total,

236,
7.709.

52.
3,513.

3,892

4 227,

7,945

3,945,

7,621,

3,563,
3,530,

4,039, 7,621,
3,753, 7,283,

181,
4,016.

42

1

Weekly Oonsttmption,
OOi onulted.
In October

283.

•76.0

;

324

!

8

311,

30(i,

5,

210.
7,40 5,

*75,0
75,0
75,0
77,0
77,0

156.0
157,0
157,0
161,0
161,0
lUI.U
161,0
161,0
161,0
161.0

8J,0
80,0
80,0
83,0
83.0
83,0
83,0
83.0
83.0

167.

76,0
151,0
76,0
151,0
78,0
151,0
79,0
130.0
79,0
150.0
77,0
79,0
158.0
77,0
79,0
150,0
77,0
79,0
136.0
•77,0
79,0
158,0
83,'>
7ii.O
72,0
79,0
151,0
In August ...
66 1
78,0
83.0
Itfl.O
70.0
145.0
I2i^ Consump'.lou In Great Britain tur 18 jU-oO over i uuly 47 •• weeks'
• AvoniKeiw j{lveab7 M ;. Elli»')Qi UeUictloa mad) from month's totu'
ou acooUQt of stoiipaKe of spindles.
In Kuvember
In Docomber
In January
In February
In March....
In April
In May
In Jane
In July

i

77,0
77,0
78,0
78,0
78,0
78,0
78.0
78,0

Tha foregoing shows that the weekly consumption

is

now

161,000 bales of 400 poun(l.s each, against 145,000 bales of like

weights at the corresponding time last year.
The total
spinners' stocks in Great Britain an! on the Continent have
decreased 33t,0i)0 bales during the month, and are now 17,000
bales less th»n on the saoie date la^t season.
Jute Butts, BAaaiNO, &c.— A fairly active demand for
jute bagging is to be noted during the past week, but prices
have undergone no change. Quotations to-night are 5'^^. for
lbs.,

1}4

6i^c.

for \^4 lbs.,

for 2 lbs.

lijgc.

and

7=^0. for

standard grades. The market for jute butts continues duU at
steadily maintained prices. Quotations to-night are IJ^c. for
paper grades and 2c. for bagging quality.
East India Ceop.— From the Bombay Company's (Limited)
Cotton Report, dated August 15, we have the following:
The reports of sUki t lamSKe to the crops at Cawupore, in eonseiiuence
of rather too much tain, are, conflrm^d. We hear of heav/ rain In
par;s of Berar, aad especially in Khangaum and the surrouadin?
districts, where the crop fa sufferiuc fomewhat. Similar reports eome
from the immodiate vicinity of Dttollerab, and a spell of flue weather
now would lie most bjnell ial to the young plants. From all the other
Dhfllluiah districts very f.ivorabl8 reports are received, and Broach
continues to eujoy i-eajoaabl

>

weatLer.

ture of Florida issued on the 12th inst.
the month of August, as follows:

its

of Agriculreport on cotton for

Tw.nty counties lu wlilch sea i-land cotton is grown show an average
per cent of 93. Bradford. Hamilton, Marlon and Sumter each show
125 pet cent, while in Clay the per cent is but 60. Ou upland cotton
eighteen counties report, giving an average per cent of 84.
lu
Escambia, Uumilton and Hnlsborough the per cent was 100. and iu
Alachua only 60. The weather was favorable In nearly all the counties.

TUK iLXPORTS OF Cotton from New York this week show an
increase compared with last week, the total reaching 23,939
bales, against 18, .569 bales last week.
Below we give our
usual table, showing the exports of cotton from New York,
and the direction, for each of the last four weeks; also the
total exports and direction since Sept. 1, 1890, and in the last
column the total for the same period of the previous year.
IIPOBT8 OF COTTON (BilLES) FROM NEW YOBK SIMCB 8BPT 1, 1890.
Week Ending

—

Liverpool

Other British por»..

Aug.

Sept.

28.

4

Sept.
li,

S^

period

Sept.

lb.

*<5P<- 1.

year.

13,S31 11,165 18,169 14,067
133
lOOl ....

TOT. TO Gt. Brit'n. 13,961 11,465 18,269 14,067

40,0.i3
lOO!

40,153

Havre

42,035

3,709

Other French ports..

3,709

Bremen
Hamburg...

200

Other ports
Tot. TO No. EcBOPE

200

2,350

2,5.'50

700

700

1,913
1,005

1,417

1,447

3,20tf

4,49:

4,637

6,124

4,325

4,3-25

Bp'n Op'to, Gibr. Ac.
All other

50

100

50

130

561

Total SpAin, 4o

50

100

4.373

4,475

561

,

.

Grand Total.... 13.967 11,515 18 569'22.939
4?),325
52.429
Hhippinq News.—The exports of cotton from the Uniteo
States the past week, as per latest mail returns, have reached
79,909 bales. So far as the Southern ports are concerned, these
are the same exports reported by telegraph and published in
the Chronicle last Friday. With regard to New York we
include the manifests of

all vessels

cleared

up

to Thursday.

Hew York—To Liverpool, nersteamers

Alaska. 2,730 ...Bieli.
Cascipedla, 1,500 ..City of New York, 1.200
Italy, 727...Kualc, 3,515. ..Santaaderino,
517
Teutonic, 1. 100
14 087
To Bremen, per steamers Full8,90a
8»ale,46o ..Werrii
.^l'^50
2,350
To ilamhurg, pi>r steamer .Su via. 700
700
To .\utw rp, persteaner Noonlland, 1,447
1.447
To Biircelona, p^r steaner MUuel .W. Pinillos, 4,325
4,325

2,486

..

—

ilriiria.

272

ToWlud-or,

N.

.

S.,

'.

1^»««

72,969

The particulars of these shipments, arranged in oar osoal
form, are as follows:
Lieer^

Bam-

Bremen.
2.330

pool.

New York.

14,067
S. Orleans.
8,414
Oalreaton 10..577
Savannah 10.021
9,007
Cbarleaton.
Norfolk ..
3,116
Weat Point 5,100
BoatoD .... 2,522
Baltimore
1.170

p,'riohjonerKoswayain,50

50

Ant- BareeWtndwerp.
lona. Oporto,
$or.
Total.
1,417 4,325
SO 22,939
•*••• ••••• ••••
8(414
•••••
.•«,••
10»577

burj/.

70O

«>•

100
•.••

>•••«

*>• •••

*

«•••
••••
••••

1.325

100

•••••
•••••
•

Total.... 63.9J7

700

2.330

1,147

•••
••
(••
••*••
«•*

lO.lM
VaOOT

SfHw
0»100
2,932
XtlTO

50 72,989

Below we add the clearances this week of vessels carrying
ootton from United States ports, bringing our data dowa to
the latest dates:

Galveston- To Liverpool -Sept. 12— Steamer Laurestlna, 4,6 17.
New Orlbans—To Liverpool -Sept. 15 -Steamer Professor, 6,488
Sept 17 -Steamer Auitrallau,

I,

...

JOT.

To Bromen-Sept. 13-Steaim?r Clielydra, 6.400.
To Hamburg— Sept. 17— Steamer Saxonla. 1.000.
Savannah- To Bremen— Sept. 15— Steamer Trojan. 4.603.
WimiNOTON—To Liverpool -Sept. 13 -Steamer Picton, 7.159.
Norfolk—To Liverpool-Sept. IJ— Steimer Flowirgati, 4,92 V
Boston— To Liverpool -Sept. 10-Steamer Bulgarian, 500
Sept. 12—
Steamer Cataloula, 1,031
Sept. 16— Steamer Soman, 1,433.
To Halifax -Sept. 13— Steamar Halifax, 40.
To Yarmouth-.Sapt. 12 -Steamor Yarmouth,

1.

Baltimobe— To Liverpool—Sept. 15— Steamer Alexander Elder, 714.
To Bremen—Sept. 17—Steamer Stuttgart. 663.
To Rotterdam—Sept. 11— Steamer Lero, 300.
Octton freights the past week have been as foUoira:
«a(w.

ruaa.

ifon.

Uverpool, steam d. list's* SsaSM
Do late dellv'y.A
....
9avre, steam
e. 5l83i'%
6iaa%

—

aall

Bremen, steam.,

Do

e.

indlreot.e.

1

>n

»i«a»8

»18®»S

....

»18®«B
....

....

H

3e®7ie

*•
388 !«

S8»7,s

....

.-.-

.>••

....

•

40*

....

40*

....

d.

l«®93j

d.

....

Saroelona,steam d.
^enoa, steam ...d.
rrleste. steam... d.
Intwerp, steam d.

....

JH.

'as

^

'is

Per 100

»16»%

rAurt.

hi^H

.»-

45*

saU

1

Wednet.

»8

Do via lndlreot.e.
Amaf d'm, steam.e.
Do Indirect. .d.
Do

!

..•

Sambnrg, steam.e.

EteTal,Bteam

SsiS'S

....

e.

Hw'sa

H

98

.•••

....

40*

^8

'saTi,

"S*'!*

40*

40*

....

....

4«9sa

Ha'st

"aa'sz

H^'s.-

....

....

>4

>4

H

"4

H

U,

"4

^
H

H

H
»1S

"is

">ia

"is

»18

»ia

h»

'is

»t«

'la

•u

»i.

>4

Iba.

—

LiVEBPOOL. By cable from Liverpool we have the following
statement of the week's sales, stocks, &c., at that port.
Aug. 29.
Salea of the

week

balea
Of which exporters took....
Of which speculators took...

American

Aotnal export...

Forwarded
rotal stonv— Estimated
Of which American— Estlm'd
Total import of the week......

Total French

,

—

Sales

4J,033

391

Kiw Oblbass-To Llvernool, per (iMBa:! Callfomlan, 2.7^^**"'
.... Will, 1 •iifr»l» o^nui) .••..,.,,.,,,,,,
14 At A
OAI,VE,sr.>N-To Liverpool, per »teain«r» A. Utlj'Priioe,'*. Voi
Daniel, 3.175
la^rr
"»'""'
•av\.<inaii-To Liverpool, per ateaners Bomlay. lliVa
•"• infM.
KaHng.n,74l>
To Oporto. iH'r baik Alllanoo, 100
too
CiiAki,i'.iiToN-Ti> Liverpool, per steamers KatUle«n!'4.302""*
""'•— Pryduin. 4.705
NoRFOLK-Tu Liverpool, per steamer SIclUa, 3,116 ...
a'liB
We,st Point—To Liverpool, per steamer Cadk, 5,100
ftioo
BoSTOK-Tii Liverpool, persteamers Iowa, 913. ..Kan<at'.'l"6b6
Venetian,))
ajna
*•«'••
Baltimork— ro Liverpool, per steamers Barrowmorersyo
Caspian, 200
..........'
x,i7o

Do

Florida Agricultural Report.—The Bureau

Sxported to—

.

Of which American..........

Imount

afloat

Of which American

.....
....

..

33,000
1,000

Sept. 5.

47,000
2,000

......

29,000
2,000
35.000
647,000
314,000
24,000
20,000
15,000
10,000

40,000
4,000
46,000
624,000
2H3.000
26,000
7,000
60,000
35.000

Sept. 12.

50,000
3,000
1,000
40<000
2,000
56,000
586,000
230,000
21,000
16,000
90,000
70.000

B^L

19.

54.000
5,000
2,000
41,000
3,000
55,000
549,000
213,000
21,000
11,000
145,000
130,000

The tone of the Liverpool market for spots and futures each
lay of the week ending Sept. 19, and the daily closing price*
of spot cotton, have been as follows:
Saturday Monday. n«aaday.

apot.

Market,

.Moderate

1:46 P. M.

damaad.

nm.

Steady.

radfiaa.

ThMTtd't/.

JHdoy.

bnyera'
Barely^
Barden'f. la favor.
supported

«td.Dpl'd8.

513,9

5l»i8

5"l8

513:8

5"l9

31'ia

Sales
Spec, dkexp.

7,000

10,000
1,000

8.000

8,000
1,000

10,000
1,000

7,000

qnlet at

ataadr at

l.ei da-

putlaUy

500

1,0

500

^u^ures.

Steady

Market,

Market,
4 p.m.

at

partially
1-64 dec.

1:45 p. M.

1

Steady.

steady at Steady at Qalat at
l-et®s-e4 partially
iMrtlallT
144 dee.
advance. 1-at dec.
Barely
steady.

Bareir

Barely
steady.

eUne.
Steadier.

steady.

The opening, highest, lowest and closing prices of fntorea at
Liverpool for each day are given below. Prices are on the
b i.<iiiof ITplands, Low Middlimr clause, unless otiierwiae stated.
" The priees are given in penee ami 64tt.
Thus : 5 63 meai^o
563 84d., aad 6 01 meaiu 6 1-6 Id.

—

..
.

.

.

THE CHRONICLE.

3&2
Sat., ?ept. 13.

Open

Bioft

Low.

Otos.

d.

d.

d.

September. I6i« 6 46

Open Sigh

Bee.-Jan.... 6 8S
J&n.-Feb.... 6 37
Fth.-Mu-ch. 6 38
Meh.-April.. 6 88
I

I

AprU-Msr
M»y-June.. '542

643

6M

6 46

639
6 39

6 30
6 86
6 37

6 37

6 39

5 37
5 38

6 39
5 40

638

6 39

6 40
5 42
6 44

5 41

5 40
5 42

6 43
5 46

644
646

Open

CUis.

d.

6 48
5 42
5 42

5 37
5 87
6 38
6 3»
6 41

Toes., Sept. 16.

mon.i 8ept. 13.

646 6 48
B*pt.-Oct... 6 40 541 (40 5 41
510 6 41 640 6 41
October
Oet.-NOT.... 5 88 6 88 638 538
NoT.-Dec .. 637 5 87 6 37 6 87

Jnne-July...

—

d.

1

i.

d.

5 47

6 46

5 42

5 41

6 47
5 42

6 43
5 40

5 42
5 80

5 41
5 39

5 42
5 39

5 89
5 89
6 39
6 40
5 41
6 43
6 46
6 47

6 39

Exports of Breadstuff.? fob Auacisr, 1889 and
FOR Two Months of the Fiscal Year 1890-91.

545

6 40
5 40

6 40

5 37

88 538

6 37

5 36

Iheadatuffa
Export*.

540
538

^'ntitiee

6

5 87

6 38

6 38
5 39

5 87

638 636

6 38

6 39

6 37

638

5 40

5 40

5 3U

5 40

6 42

5 43

6 41

5 42

5 39
6 41

643

Total, barley..

6 46

New

544

5 43

544

5 46

6 46

6 45

5 46

544

Op€Tl Hig/l li&w. Cl08.

Frl., Sept. 19.

Sept. IS.

Open High Low.

Cloa.

Open BlghlLow.

I>M.~I«i.... 6 37
Jas.-F«b.... SS7
Feb.-Utrcl). 6 38
Mck.^April.. 6 39
Aprtl.May. 6 41
M»y-Jnn»... 6 43
June-July.. 6 45

d.

d.

d.

d.

d.

d.

d.

d.

d.

6 46

6 46

6 is

6 43

5S9

6 37

6 39
6 38

6 89
6 37
5 87

6 37
5 35

538
536

5 34

6 35

6 37

538 6 37

5 43
5 38
5 38
6 36
5 36
5 35
5 35

6 42
5 88

641

5 40
6 40

5 42
6 87

5 41

6 41

6 42
5 37

638
5 87

Baltimore
!J8W Orleans...
Pac. cuBt. dists

2
85.885

638,79
90.883

6 37

6 36

5 37

6 38

636

6S8

5 37
5 89

538

6 36

5 39

6 37

6 33
5 38
6 40
6 41

6 39

6 41 641 5 41
648 548 543
6 45 646 5 45

5 39

541
643 643

d.

corn

5 86
5 35

Pac. oust, dists.*

6 36

636
6«7 6S8
6 39 610

634 685 5 31
634 5 35 6 34
536 5 36 6 35
636 5 37 5 38
538 5 39 6 38

6 41

6 41

5 40

5 41

643

5 43

6 42

6 48

6 40
6 42

6 41
5 43

586
536
6 87
5 89

18 581

895,388

S8),298

2,807.341

1,429,552

4,992,092

2,235,459

9,469,385

4,408,689

14,609
10.424
ISl
185

48,140
26,161

14.339
14,439

41,085
81,5S3

35.362
22.087
3,232

655

779

1,867

1,439

21

14

42

16

101.227
60,94a
9,698
6,450
61

11,660

3,484

8,456

126,663
6,158

Baltimore

Sew Orleans
com-meai

Total,

84,860

88,237

OaU^ buah.

New Yorl£

22,877

9,900

228,192

67,836

.<)44,148

275

131

1,177

20,323

"20
25

610
21

id
l»
2.419

Boston
Pbiladelphia....
'

Baltimore

New Orleans
Pac. cuBt. dists.*

4,3r;5

2,500

1,050

46
12

20
63

e,sEo
12,988

10,806

2«,7r

6.893
83.946

89,2 i4

614,165

222,721

962,042

16,096
88,260

1,155

443

18.534
43,887

2o,U7

12,915

291,372

946,400

15,828
28,495

71,300
162,920

2i<

2

6.1U0
25,000

1«B'

699,370
4iO
10,000

Other cus. dists.'t

1,01S!,160

Baltimore

dull.

—

!.93 7,500

New Orleans..
Pac. cust. dists.*
Other cuB.dists

•!

Total, oatmeal
Rye, buaK
New Yorit

2-9
14,6J0
100,000

«8(-

15
451
8,7:0

l,9J9,98;l

45.309

964,030

4,001,431

107,573

143,482

86,793

78,776

215.988

149,'!43

Boston
Philadelphia....

Baltimore
New Orleans.

..

Pac. cust. dists.*

Other cus.distB.i
Total, rye

14,285

8.800

46,895

143,482

88,793

119.671

68,3! 9

260,373

16:.048

New York

1,660,170

1,569,637

1,668,419

67 235

3,295.290
S5,2i8

140,^64
1,047.812
142,840

208,928
6.2.005

517,9*0

162,2: ;5

1, 488,46'

1,280,3*1

New Orleans....

64,842
144,235
1,002,013
16n,3S6

1,519,893
178,286

3,866,047

Boston

Pac. cuBt. dibts.

88,378
157,865
1,916,036
246,868
2,841,849
845,972

fVMat,

frmli.

Philadelphia....

Baltimore

713,880

814,37)

l,H81,6lia

l,66li.4i;4

l,Km.47i

1,819,873

cus.dists.-t

427,310

421,177

619,072

436,042

1,989,033
a78,8?6
3,2o7,3i2
678,800

Total, wheat...
Wheat-flour, bbu

5,330,270

4.919,289

6,835,033

6,866,785

9,i'.»8,824

8,950,207

1,674.985

477,501
185,618

2,125,296

Other

New York
Boston
Philadelphia..
Baltimore....
.Sew Orleans
Pac. cust. dists.*
Other cus.dlstB.t
rot.,wheat-flou'.

238.181
100,916
61.404
2B5.662

1,083,1

87

369,87-

327.232
209.937

148,810

bHl,.S40

41.39:

205,523

1,353,824

207,013
2.889
149.156

1.65-'

7,8t)9

106,436
86,858

422,205
450.124

"150,045 4,057,178

1,094,671
14,033

H0,»2«

617,882
498,093

1,019.733

4,966.63j

M5.8'

457.836
7.242
206.514
144,860

929,586
380,635
2,332,442
33,920
821,.'?50

729,884
7,366,001

Tbtols.

New York
Boston
Philadelphia
Baltimore

New Orleans

....

Pac. cust. dists.*

Other cuB.dists.i

arand

total..

..

3,453.176
746,117
42/,301
2,655.940
287.728
2,032.815
1,097,768

4,414,862
1.280,783
776,119

7,568,699
1,600,015

2,864,2.*)

5,038,600

973,492
1,975,208
1.299.050

778,215
3,651,245
2,08-,398

10,700,840'

13,862,776

21,434,509

911,303

Value of exports from Paotfla districts for the month of Ausrast, 1890:
$3.5'ii
Wiliamatte, OreRon
$16,563
Oregon, Oreuon
87.350
PuKet8ouQd,Wa8h'nTerrit'y.
1,923,380
Total
!». 032,813
San Francisco, Calllornla
+ Value of exports from other cuBtoms districts for the month of Aug.. 1890*6,J59 Miami, Ohio
Braios, Texas
t30,150
499.aj6 Newport News, Va
87,283
Chicago, lllin. is
133.131 Kichmond, Va
29,923
Detroit, Michigan
24:1,916
Duluth
Total
101,782
fl,097,768
aaron, Michigan
NuTB.— This statement Includes about 98 per cent of the entire exports of the
the
Countrv.
ports
of
ail
named
from
articles
*

i

Sat.

delivery

1,456,04.

Philadelphia..

OAILT OLOSnta PBIOBS or HO. 2 laxSD OOBH.

May

546

6,989

Otbe." cus. dists.t

Boston

OAILT OLOSIBO PBIOEB OF HO. 2 KBD WISTEK WESAT
Sal.
Man.
Tue$. Wed.
TKurg.
Fri.
September delivery
10058 lei's 102% 102%
o. lOl'i
101 Is
October delivery
lOlOg 102111 IO3I4 ICSifi 102
o. 105
November delivery
c. 10G%
.-.
104
104% 105 1«
December delivery
o. 10;%
104% 105 14 leeifl 106% 105i«
May delivery
c. 112
108% 10908 110% 111
10J%
Indian corn has closely followed wheat in its fluctuations,
in response to similar influences. Yesterday we had a report
of low tempf rature, threatening frost, in Nebraska, on which
the market was very strong; but this was dispelled to-day by
a mild temperature, under which prices declined.
The ex
port demand has been fair, but at the close the regular trade

November delivery
December delivery

497,838
14,458
617,385

1,013.190

21i3

Boston

New York

feeling.

October delivery

7H.',68t

845,018

814

339.618
343,204

Corrtrmfal bbls.

5 35
6 34

Feidat, Septembrr 19, 1890.
There have been no important changes in current quotations in flour and meal during the week under review, but
trading has been slow throughout, and the tme so fitful and
uncertain that the market has been quite unsetded, and our
figures are for the most part nearly nominal. To-day there
was no new feature.
The wheat market has been feverishly unsettled. The
dearness of money early in the week was an element of
weakness. Some speculative manipulation followed the relief of the market from that influence, and momentary buoyancy prevailed. Receipts have been increasing at the Northwestern markets, and to-day this influence, together with
the report Ihat Russia has resumfd free shipments, caused
the loss cf yesterday's advance. The spot market has been
quiet, but in the past day or two rather more export inquiry
has been noticed. But to-day the business was mainly for
•home coDBumption, at rather easier prices, and an unsettled

September delivery

l,849,!)rt8

56,446

750,001

Otber eus. dists.-f

BREADSTUFF S.

very

1,794,133

86,12

R^O,?!!!

76,954

Total, oats
OatTTuai, tba.

JS

3,825,242
891,247
786.11i

Clot.

PDtladelptaia....

6 36

30,009

S51.73X
136.976
10,182
219,04^

Baltimore

688
538

6 36
6 35

65,621

1,071,103
181,750
51,665
265,829

.Vew Orleans
Pac. cuat. distB.*

6 37
5 37

5 35

55,440

2,298,422
383,618
114,460

.

Vorli

New York

6 35

80,007

Corn, busK

6 42

6 36

65,517

t>tber cus. dists.i

5 41

538
6 87 638 537
536 5 36 6 36
6 35
6 36

d.

I

'

Value.

Boston

Total,
d.

Beptember.. 546
S«i>t.-Oct... 6 40
Oetober
6 40
Oct.-NOT..., 6 38
NOT.-Dec... 6 37

Quantitiet

Valiie.

Pblladelpbla...

Boston

Than.,

au'nMtics

Sew York

538
5S8

6 38
5 39

544

1889.

Value.

Barley^ bush.

5 38

5 38
6 40
6 42

1890.

Phlladelpbia....

fTed., Sept. 17.

and

August.

d.

6 45

5 37
6 87
5 37

6 38

1890,

Hf!)?l ILnw..

a.

548 6 47
643 5 42
5 42

[Vo'. LI,

c.
0.
0.

0.
0.

lion.

Tue$.

57%

55

5«'e

541s

5538
5178

57
57 1«
581a

54%
54%

55
55

557e

5t38

Wed.
5618
5658
5578

i

Thur$.

56

Fn
55"a

55%
55%

55

56

56

57i8

57i8

55%
56%

5514

Oats have shown increasing strength for early deliveries,
and to-day there was some appearance of a "corner" on Sep-

tember contracts.

DAILY OLO8IHO FSIOBI OT HO. 2 MIXBD OAT8
Sat.
Man.
Tuet.
Wed. TKun.
_
/Yx.
^
^ ,.
September
delivery
c. 4414
43
4314
44
44
44 1^
October delivery
c. 44
42%
43
431s
43%
431s
November delivefy
c. 44%
43
4314
43%
43%
44
May
c. 46
45
4514
45^8
15%
46
Rye is held higher and very quiet. Barley
^ has further ad'
xaaceA, and at the close No. a Milwaukee' is quoted at"79®
...

|

I

1

The movement of breadscuSs to market is indicated in the
itatement below, prepared by ua from the figures of the New
?ork Produce Excaauge. We first give the receipts at Western lake and river ports, arranged so as to present the comparative movement for the week ending Sept. 13, 1890, and
since A.u,iust I, for eaclJ of the last three years:
ituipU at—;

FLODB.
?l»e--„» bbl- *2 70»*3 35 Patent, winter
Superfine
3 35® 3 85 aty shipping, ertrae,
Extra, No. 2
3 t5» 4 2u Eye flour, superfine..
Extra, No. 1
4 35*4 80 „Fliie
Clears
4 803 5 20 Com meal
SlralgbtB
5 25a 5 50
Western, <feo
Patent, spring
5 75ai 6 10
Brandywlne
O] UH.
Wheat—
0.
0.
Com, per bush.—
Spring, per bnst...l 00 «1 12
West'n mixed
Red winter No. 2 ..1 01ia»l C3
Weel'n mixed N0.2.
Bed winter
93 al05
Western yellow
White
98 «106
Westera white
Bye—
Oats -Mixed., fl bu.
western, per bush.. 68 « 72
White
State and Jersey .. 68 « 73
No. 2 mixed
Barley, Westera
7S » 85
No. 2 white...

J5 60»*5 75
5 1 i® 5 25
3

2

609 4(0

50*3 00

Ohtoago
SlUwankee..
Onlnth
SiinneapolU.
Toledo
t>«troit..

2 8o« 3 00

3v5»
54 t»
65is»
65 a

56

•»

42 a
43 «
44 »
44>£9

56I2

56 14
57
58
46
52
45
451s

rumr.

Wntat.

Oom.

BbU.lMUa'Bluh.eOU>t ButhJM IbK

oUC

.

OlSTeiand.
it. Louis
Peoria

Tot.wk.

jame
teme
1890
1889
1H«8

81.063
104,047

3u9.346
10<,019

10,830

1,313,598
71,000

139,887
11.823

41,481^

1,798.631

Barity.

Bu>h.48

ili

25,068

15.949

978,3 iO

..

9,177,

99,6U6
86,230
23 6)0

83,088
3,050

236.214
12,660

23'>,590

154,990

18.240
3,952
89,54D

187,200

823,l)00|

27,0

264,180
233,745
233.617

2,331,277
3,814,343

2,113.941

3,686,436

1,379 843

13.154 975

14,839,509

l,«r;),895

19,150,049

80,6 17.561

l,S27,35al 20,950,374

12.4.58.344

nk.'se.

U><

89.5.'5

376,149!

2,662,

wk.'88.

Byi.

Bu. 68

381,361
423,9)0

.

'90.

Hnce Aug.

80,611

Oati.

muKSZtb

642

14,908,

19,718

31,600J

)!.

2,200

1,957,S85

"885,502

~136.S55

3,162,472

1,721,370|

2,478,598

2,881,0-5

638,898
097,062

.179,032
282,052

15,773,210

2,769,440

14.633.713

1,04!,.353

728,624
826,648

13.02J.4««'

1,213,797

9^4.fl78

1.

.

.

Septeuber

.

Wheat

W«»k
Sept. 14.

Sep'. 15.

Srp'. 17.

242,245

222,978

281,838

197,313

586,781

463,693
194,287
815.871

6a9,.-S26

172,487
1,215.155

1.^3,769

19g.4:i7

67,736

84,154

bush.

7.59,915

Ottta

1,653,374
139,927
95,125

The recelp ts of Sour and grain at the seaboard
week ended Sept, 13, 1890. follow:
bhl$.

MewTork
BaUlmoro

.. ..

Kloliiuond

....

4.031

MewOrleona..

7,359

450

Boa ton
Montreal
Phllndelphla..

61,481
30,281
11.803
71,408

349,450
277,700
272,590
118,489
11,407
44,084
212,295

686,000
181,460
5,264
127,889
50.100
12,580
71,053

Wheat.

Com.

BufH.
16,664

Buih.
631.252
23,374

ports for the
bnth.

772
100
10,600
15,500

9,215
28,650

for the week
statement:

JJye,

Boa ton...
Portland.
Montn^al.
Pklladel
Baltlm're
N. Orl'na.

BbU.
92,564
49,733

Bttth.

Bush.

.:....

126,119
32,6'00

11,000

N Newa

las'iss
60,834
57,159
29.231
16 000

37,519

Peas.

943,073

223,013'

16,376

6,057

"306

3,513

16,876

9,570

714
42,001

366

.

Tot week.
8* me time

135,783

In store at—

NewYork
Do afloat

Wheat,
bush.
1,617,492

96,300

Albany

BnOUo
Cbloago

HUwaokee
Doluth

Com,

Oats,

bush.

bush.

362.029
17,100
47,500
511,59^

979,087

93.400
138,632

762,9S2
4,613,973 3,082,3.59 1.199,417
201.424
3,406
6,388
171
328.799
294,987
1,463.469
65,103
6l3,l.=i8
4,320
64,466
40,000
20,000
463,727
323,597
2,752,665
38."00
16.000
41.000
99.017
2,020
214,428
40,445
7,555
"6,032
83.728
50,986
274.165
86,822 129,537
135,005 206.574
5,937
261,126
11,000
12,500
1, "26,167
42,S93
54,021
4,161
2,497,105
83,005
66,515
.... ...
423,474 1,859,560 412,680
416,000
816,600
44,500

Sye,
bush.
16,499

23,000
38,923
340,840
89,368

Barlei
busl>.

481
133,519
113,260
193,266

•

Toledo
Detroit

Oswego
St. Loola
Cincinnati

Toronto. .......••
Montreal

PhlladelpUa
Peorta.

Indlanapolla

Baltimore
Minneapolis.
OnMlsalaalppl...

OnlAkea

27,303
9,274

7.495
70.00c

17,301
2,000

1,001

27.000
265

""'iab

11,276
22,524

10,023

Sbw York to Skit.

1890.

1889.

Wesk. Bines Jan.

1.

76

c^reat Britain

t:8?.
32373

5

2,098
7,487
4,311

637

10,'tfO

41
91

1,360
3,416
19,093
2,084

174
553
96

88,216
44,014

1,429

100,769
43,303

1,463
132,230
Bnicland mill point* direct.

1,426

144,062

A.rabla
Weflt Indlea
......................

Mexico

Central America

South America
...
Other oountriea.... ..........

495
65

Total
China, via Vancouver
Total
*

From New

1,463

1,

7.130

5

Other European.............
China

•

Um

16.

Week. Btnet Jan.

10

IJ&5
32,147
4,191
4,26a
3,688
10,008
2,902
4,336
27,964
2,172

'8588

The value of the New Tork exports since January 1 have
been |4,9.'59,379 in 1890, against |6,044,286 in 1889.
Staple plain and colored cottons were in steady though
moderate demand by wholesale buyers, and a fair distribution was made (in package and assorted lots) by jobbers.
Brown sheetings were in very fair demand by converters
and

exporters, and prices remain steady. Bleached shirtings
ranging from 6)4 to 9o, per yard were moderately active,
but low grades and the finest qualities were a trifle slow.
Fine white goods were fairly active in some quarters, and
there was a mo derate business in colored cottons. Spring
"wash" dress wrappers, as fine zephyrs, ginghams, seersuckers, &c. were in good demand for next season, and there
was a fair business in printed calicoes, while black cotton
dref s goods ruled active. Print cloths were quiet at last quo-

1,853

1889.
Sept. 14.

488,000
230,000
None.
11,000

184,000
10,000
None.
9,000

1888.
Sept 15.
12,000
10,000
None.
None.

729,000

203.000

22,000

—

firm all along the line of staple goods because of the certainty
of an enhanced tariff upon foreign goods in the near future.
It is, however, probable that the period for the removal of
importations from the Custom fljuse, under the existing
tariff, will be extended beyond the date originally fixed by

the McKinley

bill.

Importatlona of Dry Goods.

R

SI

B

823,420
562,238
423,333
]3i,6u6
680,359

7,570,429 4,738,326

Total atook (pleoea)

1890.
Sept. 13.

Foreign D«y Goods. The demand for imported goods by
wholesale buyers was steady but moderate, and the jobbing
Prices ruled
trade was retarded by unfavorable weather.

....

598.302
Tot. 8«'pt.l3,*90. 17,569,729 8,130,539 3,999,136
571,300
Tot. 8i<pt 6,'90. 17.500,391 8,251,146 3.843.678
Tot. Srpt. 14,'89. 15,697,456 12,891,980 5,915,944 1,074,858
508,398
Tot. S.'pt. 15,'88. 31,378.2;il 8,602,854 5,211,474
Tot.8ept.l7,'87. 31.071,303

Stock 0/ Print Cloths—
Held by Providence manuTera
Pall River manutaoturera
Providence apecvilatora
Ontalde speculators (eat)

3,381
i'7"i,ioo

river.

tations.

400

19,586

il:

packafies, valued at tll8,331, their deatination being to
Dointa apecified in the table below:

,

44,239
909,167 113,662' 134,374
3,371
The visible supply of grain, comprising the stocks in granary
at the principal points of accumulation at lake and seaboard
ports, and in transit by water, Sept, 13, 1890:

600,829

1889...

On canal

O0MK8T10 Cotton Ooodb.—The exports of cotton good*
from this port for the week ending S.^pt. 14 were 1,448

A.frioa

7,«63

OaU.

for duplicate parcels of s jch goodi by wbol«Mle bayera. Soft
wool and worsted dress goods contlaue in steady demand and
firm in ]>rice.

India

1

VewYork

BIchm'd

Hour.

393

2,15«,05a

680

650,226 1,316.615 1,134,345
050,030 1,459,416 1,033,336
CJr. week '89. 289,542
The exports from the several seaboard ports
ealine Sep^. 13, 1890. are shown in the annexed
Total week.. 292.857

469,198
903,601
300.679
16,693

Barley,
bu»h.
10,600

bu^h.

buMfi.

393,700
5,170
109,734
41.146
70,564
24,462

100,'l73

Oat;

Corn,

Whtat,
bush.

Ftour,

Week

2,299,739

1,895.156

3,281,155

Total

1987.

Week

Wrrk

Corn

Kye

1888.

river

Sei>t. 13.

bbla.

Barley

from Western lake and
1889.

1990.

Flour

'

THE CHRONICLR

30, 180O.J

Below are the rail shipments
ports for four years:

from-

M

,

70,400

313,941

E
Si
g;

THE DRY GOODS TRADE.

:

;

:

g

:

S

t-l

-«
OS

Nkw

YOBK. Friday P. M., September 19, 1890.
Business in the wholesale branches of the dry e:oods trade
was less active the past week, the recurrance of Hebrew holidays and very unfavorable wetither conditions in the fore
part of the period under review having caused many buyers
to hold aloof from the market. Very fair reorders for seasonable goods were, however, received by the commission
houses through their traveling salesmen and direct by mail
and wire, and reports regarding the distribuling trade in
most sections of the interior continued satisfactory. Spring
and summer goods were in fair demand by large jobbers and
the manufacturing trade, and very good orders for certain
descriptions were placed by buyi rs on the spot, and with the
representatives of commission houses and importers on the
road. The jobbing trade was considerably below the average
of preceding weeks, but a very fair distrimtion of staple and
department goods was made by the ptincipal houses.
Domestic 'Wooles Goods.— There was a stiictly moderate
demand for men's-wear woolens at first hand.-, and the jobbing trade in this connection was comparativfl; quiet.
Heavy woolen and worsted suitings were in steady request
for the renewal of Esaortments, andsttcksareso well in hand
that desirable makes are firmly held by selling agents and
jobbers alike. Heavy overcoatings were in moderate demand
by clothiers, and spring fabrics of this class were taken in
relatively small parcels to a fair aggregate amount. Spring
cassimeres were in irregular demand and upon the whole
sluggisb, but there was a steady call for small duplicate parcels of light-weight pi. cc-dyed and faiicy worsted suitings
and serge suitings. Satinets continued in fair request, and
there was a light busineps in Kentucky jeans and doeskics.
Flannels acd blankets, carpets, shawls and wool skirts were
fairly active in jobbers' hands, and there was a moderate call

:

touto^
coco

"to

JC

CO 35

M

(3

M

:ou

M

*J
TO
CO

1-'?)

««MI0C5

CO

K)

•->

cnc;i

MC^tCWCC

— *1QDC

M*

^icc^oo'.-

CO

CO

C

w

CO)

CJ-l

i^Oi-ai»OD
Oi H-

^

t-s

M

(0«r»-

JOQOW^OO
(o«.acaoo

C/'

— to

a'

h-'-j*xcoa»

Pi

~JAWCOtO

^ —
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fHE CHRONICLE.

394

BONDS

and

Tk

hold RBGCXAB
all olaues of

ndonUmed

1850.

1890.

The United

At Auction.
A.VOnCH

IN

STOCKS AND BONBS
o>

TKBT WBDimSBAT.
ADBIAN H. HirLL,£R & SON,
HO 1 PIKE STBEBT NEW YOBKi

9A TEARS OF

SVCOEiSS

without loBfl to iBTeston a sood reason
for buylss the Debentore Bonds and
Mortffiise Loam of the

AMERICAN INTESTMENT

AiMti, f2.000.000 00. Hbthett rate of interest
eonditent with ebolceet •eaaritr, Aik for informa-

H. B. SIMMONS, Vioe-Pree. E. S. ORMSBT, Prei
lEO Nassau Btriit niw tokk Citt

Morris

l.

Parrisb.

&

Robert Koons

Co.,

STOCK BROKERS,
433 Library

RECORD FOR

Wm.

this plan shows that
Insuring public

it fills

&

fisher

OOOD A6WNTS, desiring to represent the Com.
pany, are invited to address J. S.
Superintendent of Agencies, at Home Office.

GAFFMEY.

North

Sons,

32 SOUTH STEBXT,

BLAGDEN,

P.

A.

had with

all commercial points in the coontry. Especial attention giyen to purchase and sale of Virginia Consols, Ten-forties, Deferred and all issues

of the State, r id to all classes of Southern State
City and Rsf ray Seourities. Correspondence foUelted.

R. H. WASS, General Agent.
R. ECKEB, Assistant Gen, Agent.
H. M. JACKSON, Secretary.

U.S.

BRANCH

WILLIAM

No. 54

Manning,

SOUTHERN SECURITIES
A SPECIALTY.

Kew York

City.

Investment Securities
BOUGHT A.NP SOLD BY
A.

E.

N. J.
Presideni

3,408,333 03

N. Y. Standard,
per cent Reserve)

NewTork BtocE Exchange.

No. 14 "Wan Street,

^EWARK,

Surplus, by former

BANKEB AND BBOKBB.

the

ST.. N. Y.

Surplus........

HACHFIELD,

7 PINE STREET.
FOR SALE—Marietta Mineral Ist 68. Empire A
Dublin Ist 68, Brooklyn A Montauk ad Ss.
WANTED— All underlying bonds of the Colum-

bus A Hocking Valley RR.. Indianapolis A
vincennes Ists and ijds. Terre Haute A Indianapo ts Southern securities consols.

OfTIOJNS.

(Am. Ex. *K
6,836.035 Ot
POLICIES ABSOLDTKLY NON-FORFEITABLE APTEt

8KCOND YEAR.
iKCABBOFLAPSElhePolicyisCONTIjrmDINFORCI

as long as its value will pay for: or, if preterrea.
Paid-up policy fur its full value is Issued in exchange
After the second year Policies are incontkstablk
except as against Intentional fraud; and all rentric
time <u to residetice. travel ar occupation are removed.
CASH LOANS are made to the extent of 50 per cen
of the reserve value, where valid assikn:nents of tb.
policies can be made as collateral secur.cy.
Losses paid immediately upon completion and ai.
proval of proofs.
:

I(s

INCOKPOKATBD
E.

DE WITT,

H. W. ROSENBAVn,
EXCHANGE PLACE. NEW YORK.

Refers to all the principal Banking and Brokerage
houses. Correspondence solicited.

AxmcANDitR, Pros. A. A. Alixandib, Cash'i

Texas National Bank,
SAN ANTONIO, TEXAS.
OOUiBCTIONS AND INVESTMENTS MADB'
CnrrAsanndenoe

is

MERCHANTS' NATIONAL BANK,
RICHMOND, VIRGINIA.
Oolleotions

made on

terms; prompt returns.

JoBw F.
IT <j, .
JOHM
QiiKM.

all

JOHN

Cash.

Southern polnu on

P.

BRANCH,

bes'

President.

Fhid. B. Bcott. Tloa-Pra

New

viz.:

•

Bank and

other Stocks
$7,274,315 00
Loans secured by Stocks and
otherwise. ..'.
2,084,400 00
Eeal Estate and Claims due the
Company, estimated at
1,024,000 00

Premium Notes and

Bills

Ee1,452,990 24

ceivab'.e

Cash

m Bank

271,87100

•

$12,107,576 24
•

SIX PERCENT INTEEEST on

the outstanding eertiflcates of profits will be paid to the
holders thereof or their legal representatives
on and after Tuesday, the 4th of February
next.

THE OUTSTANDING CERTIFICATES of
the issue of 1885 will be redeemed and paid to
the holders thereof, or their legal representa
aves, on and alter Tuesday, the 4th of Febru
ary next, from which date all Interest thereon
wUl cease. The certificates to be produced at
the time of payment and canceled.
A DIVIDEND OP FORTY PEE CENT

is

declared on the net earned premiums of the
Company for the year ending 31st December,
1889 for which eertiflcates will be Issued on
and alter Tuesday, the 0th of May next.

J.

n

CHAPnAN,

H.

Secretary.

TRUSTEES:

Presideni.

and adapted to all circunutanct^
nothing In Life Insurance which it dopi

not furnish cheaply, profitably and inteirigibly.
Bend to the Company's Ilcime olHce. Portland. Me
or any of its Agents tor publications describing its

POLICY, CLASS "A," and other i^orais 0/ Bon.
niieut; also for pamphlet explanatory of m
ua%nt tion-Forleilnre Law, and for list of olaim>
thereunder.

Provident Life

&

Trust Co

OF PHILADELPHIA.

(CHARTER PERPETUAL
CAPITAL,
8l,000,0il<
ASSETS, $24,353,635 08
GRANTS
ANNUITIES,
ni.?IS?''>?,.y,Y.*8'
CKIVB8
MONEY ON DEPOSIT, returnable RH
o
)

demand, or on which Interest is allowed, and
empowered by law to act as KXKCUTOH. ADMl.N
I

(iUARDlAN, ASSIGNKB
COMMlTTliB, RB(-KIV'bR, AGENT, etc., for th,

'.nviterf*

$705,937 75

1848.

Incorporated Third Mo., «2d, 1866
J. S.

an"! Slate of

City,

44

5:2,553,606

plans are varied

There

i^Rirt

same

By order of the Board,

MAINE LAW OONVKKriBLK POLlCy, CLA-';
n^v' S^'" ' P"*^" CENT GUARANTBKD BO.NI

PUTS AND CALLS ON STOCKS AND BOND>
A SPECIALTY.

United States

Insurance Company
PORTLAND, MAINE.,

JOHN

?i4,144,943 13

The Company has the foBowing Assets,

UNION MUTUAL
Life

1889

Amount

The Mutual Benefit
LIFE INSURAKC'E CO.,

from 1st

Losses paid during the
period

OFFICE,

Aseets (Market Values), Jan. 1, 1880..., 145,236,96.'? «(•
Liabilities (N.Y. and Mass. Standard).. 41.f 88.628 3b

State. Municipal and Railway Bonds and Conpont
ought and sold at beat marJcet ratee. Investors or
Balers wlsblcg to buy or sell are invited to commnn •
t« with us.

Member of

Manager.

FRANCIS, Assistant Manager

AMZI DODD

B.

ber,

York Stock,

W.

Hare Western Union wires in their offices, bj
means of which immediate oommunicatlon oan be

off

^5,502,764 27

January, 1889, to Slst Decem-

OF

WM.

Sscosn) St.,

Co.

LONDON AND EDINBVROIl,
SAM.

Secnrltles,

Total Marine Premiums

Premiums marked

Eetiime of Premiums aBd Expenses

British

Mercantile Ins.

and Inveatment

John

already achieved b;
a want long felt by the

Slst

December, 1889
$4,116,629 40
Prem'ms on policies not marked
off 1st January, 1889
1,386,134 87

olples.

THE MARKED SUCCESS

Co.,

Kew Yokk, Jan. 24th, 1890.
The Tmstees, in coiiformity to the Charter of
the Company, subnait the following statement
of its affairs on the Slst of Deoemher, 1889.
Premiums on Marine Risks from
Ist January, 1889, to

of this Company. It Is easier to place Insurance oi
this plan than on any plan ever before offered, anc
the policy itself is the most liberal and eqnitablt
contract consistent with recognised tislness pris-

&

solicited.

BALTinORE, MD,,

eO

Sec A. Wheelwright, Asst. Sec.

Btxamine the manifold advantages of the

Dealers In GoTeriunenta, Stocki

Orpoem

Insurance

Street, Fbiladelpbla.

B'AMKBSS,

And

1889.

Wm. T. Standes, Actuary.

Issue and mail upon application bi-monthly quotations of inactive stocks and bonds, and weekly
quotations of all financial companies of Phila.

Oorresponderce

ATLANTIC MUTUAL

INCBKASB IN ASSETS.
INCBEASB IN SCKPLUB."
INCRHASB IN POLICIES ISSUED.
INCBEASB IN BUSINESS WBITTEN.:
INCBEASE IN INSURANCE IN POBCK.
OEOBOE H. BURFORD. President.
C. F. FbaI/Kioh,

OFFICE OF THE

Lift

"LOW BATE TERM PLAN"
CO.

tlen of

BOBEBT J. W. KOONS.

States

Insurance Co.
THE CITY OF NEW YORK.

WIIBIKL1

°*T-^»° of

^\J

%Visnx^ntt*

llustirawct.

^itmncial.

STOCKS

[Vol. Lt.

J.

James

D. Jones,

W. H. H. Moore,
A. A. Eaven,
Joseph H. Chapman,
James Low,

George H. Macy,
Lawrence Turnure,
Waldrou P. Brown,
Benjamin H. Field,
Christian dp Thomsen, Anson W. Hard,

WUllam

Sturgis,

William Degroot,

Isaac BeU,

WUliam H. Webb,

Thomas Maitland,

Horace Gray,
WUliam E. Dodge,
John L. Eiker,
George Bliss,
O. A. Hand,
John D. Hewlett,

Ira Bursley,
James A. Hewlett,
George L. Nichols,

Charles P. Burdctt,

f,?;\i'.^,^'^'i}.?''USTKB,

Henry

performance of which its capital an,
surplus fund furnish ample security.
All trust fuiuis and inveslmentsare kept separ.ii.
and apart from the assets of the company
The income of parties residlOK abroad oarefu
collected and duly remitted.
SAM'L R. shlPLKY. President.
^•„^'§^^1' BIIOWN, Vice-President.
ASA S. WING. Vice-President and Actnir

Charles H. Marshall,

faithful

G. Deforest,
Charles D. Levcrich,
N. Denton Smith,
Edwaid Floyd Jones,)

E.

Hawley,

JOHN

D.

I

:

Gustav Amsinck,
William G. Boulton,

BusseU H Hoadley,
Joseph Agostini,
George W. CampbeDe
Vernon H. Brown, /

JONES,

President.
1

W. H. H. MOORE. Vice
A. A.

EAVEN,

President.'

2d Vice-President.'

.'