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•

HUNT'S MERCHANTS' MAGAZINE,

REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OP THE UNITED STATER

VOL.

SATURDAY, SEPTEMBER

41.

NO.

26, 1885.

1,057.

CONTENTS,

of the sales reaching $78,713,000 and $113,371,000 respectively
Parauing our usual method of deiucting
in the two years.
THE CHRONICLE.
double these values from the total New York clearings, there
Ifoiisi
ClearinK
Rfitnrng
339 How Our Railroad Mileage is
Tlie Flu;in.l.il Situation
340
Distributed
315 remains |333,307,380 this year, against $367,827,873 a year ago
Farallpllni.'RalIr<)tt'la
342 Jlonotary and (3onimercial
to represent the exchanges due to other business, or an excess
The Ki>ii:u tlLtii Uprisiag uiid
Enicllsii News
347
thiTr.vi-y (it Borliu..
313 Conimorclal and IVIiscellauooua
of 34 '7 per cent. This would seem to indie ite that general
TbeXewIIaiuiish rclusurance
News
349
mercantile affairs are in a much better condition than in 1884.
Law
311

THE BANKERS' GAZETTE.

Money Market, Foreign
oliani;e, U.S. Securities.

and Kiiiiroad
8tok9

Bonds

ExState

Local Securities
3'i3
Railroad Earnings
351
Investment and Railroad Intelligence
355

350

Kaagt) In Priops at
etook ExoIian<e

tlie

N. Y.

3il

THE CO-MMEROtAL
35S

|

Cotton

3:,9

I

TIMES.

»480,738,380

365
363

is published in
NeiB Tork every Suturday morning.
the Post O.'lice. New York, N. Y.. as second class mail matter.]

in

Adrance

For One Year (iucludiui; postage)
$10
For Six Months
do
6
European Subscription (inclu ling postage)
Annual subjoription la Lon Ion (luoludln;; postage)
*2
Six Mo«.
do
do
do
«1
These prices Include the Istestors' Sppplbmest, issued once
months, and furnished without extra charge to subscribers
Chronicle.

H

20
10
28
Ts.
8s.

in

for .subscribers at

.f I

JOHN

G.

B.

DVNA

(+72-0;
(+11-5;

(493,800)

(-181'

(888.800)

(-18-8)

(41,629,000)

<.Petroltum..bbU.^

(56,978.000)

(70,711,000)

(-1941

(70,219,000)

(-f*6)
(-38-3)

t65.43S.23
4,294.200
1,392.191
744.107

$68,476,057
4,110,200

+15-9
+4-5
-6-3

$61,402,263
8,789.500
1,868,916
756,756
698,960
688,484
407,669

+18-9
+18-8
+88-7
—12-8
-9-3
+14-8
-10-3

+12-2

$69,109,548

+12-3

—1-2
-9-5

$40,136,187
6.552,253
9,866,824

+6-0
-13-8
-12-5

-2-4

$56,555,214

-0-9

-i-3-0

+17-7

Providence
Hartford

Philadelphia
Pittsburg
Baltimore

Chleatro

Milwaukee
lodlanapolis

(^eTeland

St Louis

Exchange Buildings
Co., Pnbllaher«>

iriI.I.IA;n B. D.lN.l. &
79 & 81 William Street,
Post Ofkice Box 958.

NEW VORK.

volume

for the

-220

954.071
797.707
658,359
409,834

173.779,526

$61,891,718

$46,098,273
6.518,293
10.818,9)1

$48,436,498
6,597,011
11.931,716

(6j.433,469

$64,985,319

»44, 109.793
S,3e 1,900

3.080,943

$40,828,378
9,414,150
2.S40.2J6

-11-3
+8-5

$46,065,288
8,267,160
3.435.565

3,940.622

2.4'Je,]06

+180

8,>)4S,580

1,360.82
3,030.021

1.133.854
2.082.901

1,930,179
1,836,772
1,005.461

-0-7

+103
-4-3

New

Orleaos

«nding September 19 than during the preceding six days, do
not make so favorable an exiiibit in comparison with 1884.
This is due to the fact that for the week last year there was
an increase of some $8.5,000,000 over the previous week, while
during the same period in the present year the gain has been
only $0,217,078. There is, in consequence of the large increase
jnentione<l above, a small decline this week compared with
the same week of 18S4 of 0'3 per cent in the whole country,
but outside of New York there is an excess of 3*9 per cent.
In the present statement fifteen cities exhibit some inoreiise
over a week ago, and the num'jer which record an excess over
last year now reaches eleven.
Of the.?e latter Memphis takes
the lead with ll'J-3 per cent Peoria, Indianapolis, Datroit and
Boston following in the order nam?d. Each week finds some
;

improvement in the situation so far as labor troubles are concerned, and now it appears fiat the great strike among the

1,488,104
875,401

(64.386.088

$61,127,140

1.420.54''

4,654.821

8,300.668
3,745,793
815,503

Outside

+ 14-6
-108
-18-8
-1-8

+5-3

$68,324,970

-88
$14,010,930
639,530 +10-4
-10-9
5,286.339
-81
3,488.637
+7-9
3,471,195
381,143 +112-3

$14,507,748
687,991
4.278,490
S,S»8.096
4.484,917
884.081

-H-7
+36-0
+111-6
+8-6

.

+18-8

-1-4

+141

125,983,131

$37,216,799

—1-5

$28,420,848

$18,641,490

-3-5

$9,852.416|

-5-4

all

$720,517,730

$722,931,237

»714.S0n.654'

+180

New York

$3JU,7»4,350|

$330,861,364

-OS
+3V

$22tf,70«.Uu<)

+B-4

San Francisco
Total

1,446,000

-OS
+13-9
+10-8

112,802.138

Total Southern..

week

1,080.781

+20-9
-8-5
-3-8
+23-6

706,837

Memphis

of greater

1,48.5.488

792.408
726.381
392.010

13.859,607

SanaasCltj

CLEARING HOUSE RETURNS.
Bank exchanges, though

(1,811.508)

(1.883,400)

the

FLOYD.

+14-7

(39.935.112)

Total Middle....

00.

single copies of the p iper supplied at Is. each.
The office of the Chronicle in Liverpool is at B 15.

WILLIAM

U

(1,299,851)

Columbus
Offlces In Eusland.
Commercial asd Fisancial Ciirosiilb In London Peoria
U with Messrs. Edwards & Smith. 1 Drapers' Gardens, E. C. where sub- Total Western...
lorlptions and advertisements will be taken at the regular rates, and
office of

Sept.

Percent

$48t,637,698[

two

of the

A

The

-28
;-2i-9;

1885.

(35.025.000)

Total N. Bnglana

Subscriptions will be continued until definitely ordered stopped. The
publishers cannot be responsible for remittances unless made by Drafts
or Post Ollloe Monev Oraers.
neat die cover is furuUhed at 50 cents: postage on the same Is 18

Volumes bouad

$193,069,873

(.<JiMon....balts.'>

Lowell

Terms of Subscriptioa— Payable

cents.

Pvr C«»t.

{Grain... buiheW)

(Stocks.. ..»)lnrM.)

Breadstuffs
Gooils

Dry

The Commercial and Financial Chronicle
Entered at

New York

Wetk Kna/mt

Sept. 19.

1884.

1885.

SnUt of—

Commercial Eiiitome

I

Week Biulin«

QuitaiionaofStocksandBonds 352

and

The returns of exchanges for the five days as received by
telegraph do not differ materially from the figures for the
previous five days. In the aggregate there is an increase over
September 18 of $-3,299,333, and in comoarison with the corresponding parioJ of 18S1 the total exhibits a decrease now of
1'3 percent, against a decline of 1'8 per cent a week ago.
Excluding New York the present returns record an increase
of 3'1 per cent.
Five

Day BnMna Sept.

1885.

.Vew York
Salet of Stock

(»*».)

Per

1884.

6irvBnd;iSept. 18

85.

188S.

Cent.

PerOeiu

$400.36!I.3H8

$414,039,928

-3-8

$397,613,777

—4-6

(l,0i)'2,382i

(1,40-2,2011

(— 24-3)

(1,170,6511

(-88-8)

51,959,446

44.696,417
86.979.861
9,0«0.09S
85.35S.000

+18-2

65,734,480
38,779,749
8,988,819

-100

Philadelphia
Baltimore.

S5,018,9n

Chimin.

85,417.000

8,882.878

St. Louis
11,432,698
iron workers of Cleveland his ended.
3,384,738
The speculation in railroad shares on the New York Stock New Orleans
Total
$645,819,031
Exchange during the period which this statement covers dis- Balance,
47,387,134
Countrr*
played less activity than in former weeks, the aggregate
$69.1.018.15%
Total all
transactions being oaly 1,399,851 shares, against 1,673,400
Outside New Tork $lvr2.rt:8.78W
shares for the corre3p3nding week in 1884, the market value
• Climated on the basis of the

11.771.271

8,773.747

1

-87
-8-8
+i-l
-8-9
-10-8

$654,338,317
46,609.438

-1-6

$«<l0.ft»7.74l»

-1-8

1

1

$368,677,889
83,169,001

+18

»690.74«,823;

.

+8-t
last weeiir retorns.
il-M19:.S.nlil

86,667,000
10,713,878
4.168,310

1

ii93«ft)..^4l

+iro
-0-5

-I
-4-3

-ro
+10
-IS
+4-

THE CHRONICLE.

340

rvoL. xLi,

The significance of the action of the convention is the
more marked, because never before has the sentiment

THE FINANCIAL SITUATION.

There has been very little evidence of any change in the expressed been so nearly unanimous, and furthermore at
demand for money during the week. Bankers' balances can no previous meeting have the representatives been so
be loaned freely at 1 @, 1^ per cent,and occasionally an excep- largely made up from the Southern and Western States
It
tional demand will force the price to 2 or even 3 per cent, as where silver coinage has hitherto found its support.
was the case on Monday, again on Wednesday,and again yes- seems that there was one objector, Mr. James B. Colgate
terday, but so much money is pressing on the market that the of this city, and if the dispatches represent him corrate immediately falls back to nominal figures. And yet, as we rectly he must have been conspicuous, not only in standhave frequently shown before, the conditions are obviously ing alone, but also for the novelty of his suggestions. The
a little less adverse than they were two months ago, and Times report says that "he thought that the United
these occasional spasms may perhaps be taken as evidence " States was big enough to take care of itself without
This means, we suppose,
of the change. Ever since the first of August, bank loans " reference to other nations."
have been increasing, and during the same time bank that we ought to settle our currency questions independently

reserves have

declined, last

Saturday's return showing,

compared with August 1, an increase of 22 millions in the
loans and a decrease of over 16 millions in the total reserve.
It would be impossible for such differences to exist without some alteration in at least the tone of the money market, and under any ordinary circumstances the effect would
have been marked but the idle capital which lack of confidence has accumulated here is so large and so averse to
;

going out of

sight, that

the drains in progress are very

slow in making any impression.

of the world outside of us.

we

ard of our

and strength by a recent occurrence

existence

its

We

this city.

in

—

we

The dispatch does not gtate^ow

only refers to our bulk as the stand-

it

Interchanging commodities with other

ability.

the time doing, and having as the
measure of value for such interchange, metals governed by
the market price in London, are facts which seem to clash
nations, as

are

somewhat with

all

this idea of entire

ernment

to

we fear, even if there was
no other objection, that the mints and presses would in that
does Mr. Colgate's silver; but

case have to

work

too fast and

make Government

during the week nearly $1,000,000
from one estate has been placed on real estate city mortgages at seven years at 4 per cent gold. This transaction

numerous

the extreme timidity capitalists feel about making invest-

expressing a strong belief in unlimited coinage,

refer to the fact that

We might,

independence.

buying and selling if we could get the Govbuy and bury our surplus cotton, wheat, &c., as

to be sure, stop

it

This lack of confidence finds illustration of

are to do this

fiats

to ensure the acceptance of such a plan

too

by any

and yet we think
no other device which would secure us the needed
has no significance as an indication of the future rates of isolation. We notice that according to the dispatches Mr.
money; but it has great significance as an indication of Colgate after uttering such sentiments as the above and

With our currency

ments.
is

possible for

vailing

bad a

be; with an unfortunate

to

it

in about as

among managers

state as it

as only being

willing

to

offer

for 60 days

is

to

reported
accept an

mania pre- option for silver dollars at 99—clearly proving that a Wall
and thus Street man can be a deeply interested advocate without for

among some

State

offi-

cials for the investments which have served to open up
it is

of

for paralleling railroads

unsettling values; with no regard

their wild lands,

apologist for this "dollar of our fathers;"

not at

all

surprising that capitalists

even a moment forgetting his shrewdness.

The course

of

foreign exchange during

week also
money mar-

the

bears closely upon this congested state of the

are found so anxious about their principal that they pay

It is almost impossible with such large accumuket.
heed to the interest received. And this is the only lations of money that employment for it should not be
reason why money to-day can be freely obtained at 1@U sought and speculation therefore encouraged, especially
per cent simply because those who own it are afraid to by banks that are paying interest for deposits, as the most
As a result the
let it get beyond their reach, so they leave it in bank and
of them are to a greater or less extent.
little

—

the bank ofBcer puts

it

out from day to day as best he can.

Our Clearing House bank

deposits were

last

Saturday

about 83 million dollars larger than at the same date of
1884, about 91 millions larger than in 1882, and about 160
millions larger than in 1879!

In this connection we cannot refrain from expressing
our deep gratification at the remarkable unanimity and
enthusiasm with which the past week the Bankers' Convention held this year in Chicago, has condemned the
coinage of silver dollars and requested

its

suspension.

Of

course the silver advocates will claim that bankers represent the sentiment of capitalists
for

that

is

easily

sounds true to one

But the fact

is,

resentatives of
classes

of

the

said,

who

and not of the people,

has an air of democracy,

and

looks only at the surface of things.

banks and bankers are peculiarly the reptrade and commerce or the industrial
country, the capital they

command

being

only an incident in their existence, the use and employ-

ment

prices of nearly

our exportable products

are rapidly

as

a

though this ought to be a
time of large shipments, are very scarce, causing rates of
exchange to be firm at an advance of one cent per pound
sterling until yesterday, when they were marked down -Jc.
Wheat we have long kept above European markets.
Corn, although we have in prospect a new crop of nearly
two thousand million bushels, we let Liverpool have very
Provisions, too, we seem to prefer to keep
sparingly.
than to sell. And, finally, for three weeks we have taken
hold of cotton, determined that we will dole it out in dribThis latter operation has a wide
lets until prices are higher.
support, some good points to aid it, but is unfortunately
started at a moment when a good crop is just in sight in
America and another good one in Egypt. We do not
mean to say that either the American or Egyptian yield
but
will reach the full promise of the last half of August
we do mean to say that both of them are too promising
and the times are too depressed to permit European
consequence commercial

which and consequently the return it receives,
depending wholly upon the activity of business. For this
reason their study is to find out whenever anything inter- spinners
feres with the healthy development of enterprise and seek present.
of

all

being pushed above the parity of Liverpool and
bills,

;

get in much of a fret about supply just at
In our cotton report to-day will be found a very

to

in that way they serve their own inter- interesting letter from our Alexandria correspondent as
and they have the best possible opportunity for acquir- to the situation of the Egyptian crop the last of August,
ing such knowledge, coming as they do into the closest with cable news respecting the later reports.
And as to
relationship with the workers and activities of the land.
the rains in the Southern States, they are, of course

its

removal, for

est.?;

BlPTEMBER

THE CHRONICLE.

96, 1885.1

8il

money by the Reading Company, or without any gnarit is vory easy to make too miicii of iboin.
one can forget tho picking season of 1880 and the antee of the bonds of the connecting company."
While
there never was a wetter one, and therefore tho suit may further unsettle things for the lime
losson it taught
harmful, but

No

;

scarcely ever has there been a colder one.

being,

Rather unexpectedly action was taken this week lookA
ing to an early advance in wost-bound freight rates.

trunk

we do not
line

see

settlement.

to expect too

much

how

can permanently defer a

it

should teach

It

and

at once,

to

however, not

us,

remember

that since

was tboug-ht probable when the West the problem is an unusually difficult and complicated one,
Shore settlement was made, but latterly, under the com- it can only be gradually solved. The same remark applies
step of this kind

plete demoralization that has again overtaken east-bouud
rates,

the prevalent belief has

likelihood of

been that there was

little

(0

the matter of east-bound rates,

referred

to further

above.

The
an early restoration of the tariff.
Pennnylvania Railroad exhibit for August is the worst
now been determined upon of tho year. On the lines east of Pittsburg and Erie the

advance, therefore, that has

came as a welcome surprise. What makes
however particularly gratifying is the fact
taken

a

at

meeting of

presidents (the

the

action

that

it

was

highest execu-

loss in net for the month (as compared with the corresponding month- of the previous year) reaches $502,495,
and the Western lines, instead of returning a surplus of

& Ohio $6G9 above the amount needed to meet thwir liabilities, as
and that the proceedings appear to have been in 1884, this year return a deficit of $173,669, which
marked by unusual harmony, with no discordant element gives a further loss of $174,338, making the loss on the
One touch of entire system for the month $676,833. In July the loss
present apparently to disturb the occasion.
nature makes the whole world kin, and probably the rail- had also been heavy, but was no more than .$410,399.
road managers have at last been brought to an understand- These two months cover the period that marked the
ing of the real situation by the frightful sacrifice of profits inception of what was supposed to be the era of good
that their past course has entailed, as evidenced by the state- feeling among the railroads and the revival of business
ment for August (referred to further below) of such a activity from which so much was expected. Yet
But whatever the loss in this period on the Pennsylvania the
staunch corporation as the Pennsylvania.
most representative of the varied business
the stimulating cause, it has been agreed that there shall system
be an advance the advance is to be from 40 to 60 cents interests of the country reaches $1,087,232, or over one
This does per cent on the 95 millions of stock which the company
per 100 lbs. with first-class freight as a basis.
All this, of course, does not militate
not bring the tariff up to the figure formerly in operation has outstanding.
(75 cents), but at any rate is an advance equal to 50 per against improvement in the future, but naturally it has
A resolution was also greatly dampened the ardor of those who were so sancent on the tariff now in force.
passed asking the Western lines to make another effort guine as to an immediate favorable outcome.
In part explanation of the heavy loss on the Eastern
to restore east-bound rates, but it seems to be regarded
as very doubtful whether the effort wUl be crowned with system, it is to be said that the net earnings on that sysWestern managers are willing enough to raise tem in August last year had been exceptionally good in
success.
rates, but unfortunately they cannot prevent minor roads fact, they were slightly greater than in 1883, and thus
from " cutting " the schedule.
The trouble is,' that there constituted the largest August earnings ever made. Hence
are so many of these minor lines, that some of them are the decrease of $502,000 this year is a decrease from very
bankrupt and thus veritable free lances, and that roads heavy aggregates, and not from aggregates already greatly
But the same can not
to interior points, so numerous in the territory embraced diminished, as in previous months.
be said of the Western lines. The result there has been
by the Central Traffic Association, are hard to placate.
Quite in opposition to the prevailing spirit of amity has steadily growing worse for four years, and this year haa
been the action of the Philadelphia & Reading managers been particularly affected by the failure of the winter
The lines traverse a
in bringing a suit to compel the completion of the South wheat crop, the worst ever known.
Pennsylvania line, or at least to recover a loss which they section of country where there is too much mileage, where
claim the Reading will sustain through its non-completion. the net work of roads is so interlaced and complicated as
As reports have been so frequent that the old-time enmity to make it almost impossible to maintain rates, and where
between the Reading and the Pennsylvania had been or was there have been alternate failures of the crops, partial or
about to be removed, tl^e suit has been quite a shock to complete, for several years. In August, 1881, these lines
It is difficult to see what object the Reading r -timed a profit to the Pennsylvania Railroad of $295,the public.
has in view, or how it expects to make much out of the 799, which was slightly reduced in 1882, and again in
proceeding.
As far as we are able to determine, the 1883, then almost entirely wiped out in 1884, and now in
tive officers),

was

that

Mr. Garrett of the Baltimore

present,

—

—

—

—

arrangement between the Reading, the South Pennsyl-

1885, as sated, has been turned into a deficiency of $173,.

vania and the other roads party thereto, was simply in the

669.

nature of a
the

traffic

The

agreement.

benefits to result

from

agreement were dependent entirely upon the com-

pletion

of the

new

line,

and, unless

we

are

greatly

was no contract by which the
South Pennsylvania managers bound themselves to complete their road.
The agreement merely covered the
contingetfcy when the road should become an accomplished fact, and in that contingency the Reading was to

at

get

fault,

all

road.

there

the advantages of a close connection with the
Besides,

it

new

does not appear that the Reading (;ave

The following shows the coarse of income on both
Western lines for six years past. It will

the Eastern and

that, taking the whole system, the loss for the
month, which when compared with the previous year was
$676.83.3, is $902,162 when compared with 1883.

be noticed

Lines Etsr or
PiTTSBrBO.

«

Net oa-nlnffs...
Western lines......

1,(H9.IIIS! 7.,--

undertaking

Oporat V expenses

the alliance,

Jlr.

ongh.

Gowen

In January,
said

:

1883, refeiriu^

" This advaniaseous

to

Jan.

1

to

4.7;5.<l'Jl)

S.TIS.SSB

8.300.474

3.1<8.sn
I,BM,4aO

-

-

1

1,475.848

Gro—

•

*
*
4.n71.r9' atlOO.978
1

4.(U7.m)t

7.XS8..I10

Hesnit

any substan'ial cousidfration which would make it ob'igathe South Pennsylvania people to carry the

i

<

8,1136.806

I88S.

1881.

188S.

18S8.

1884.

Gross eumlnits
Opemt'ii expeiues.

tory upon

t,h

1885.

2M,«U

1.71U>8 1.T71.W1

i..ul(,Ta!

3.10iJ.lTi>

Aug.Vi.
ir.(»i,ia.9!»

earnlnjrs

7,ZII,t!0« :6,tlM,676

1

na,

N<!t e«rnlng«...

con

nection has been obtained without the expenditure of aay

rt

Wesiern hues
'

Hnult.

.1;..

1

(»U-_.li.

..1

-

.,

-

..

.

,

'

1

-

1..

-

«rf

1

•

•,n«l

THE CHRONICLE.

342

Vol. XLI,

months ended with St. Paul and the St. Paul & Manitoba Railroad Companies to compel them, under a recent law of that State,
August, it is unnecessary say anything beyond recording
to provide increase of accommodation to passengers at
the
On
heavy.
extremely
the fact tha the loss has been
minor stations to put up " suitable waiting rooms," to
1884,
with
compared
as
entire system, it is $2,800,000
have at places with 1,000 inhabitants "separate rooms
$4,585,000 as compared with 1883, and $5,845,000 as
The penalty for a violation of
for men and women," &c.
compared with 1881.
fine
of between $500 and $1,000
is
a
told,
The following shows the receipts and shipments of gold the law, we are
as to the propriety of a
nothing
will
say
dollars.
We
and currency by the New York banks during the week.
State descending to such petty details of railroad manageNet Interior
Shipped frv
Beceivtd iv
WUk mdinQ Sept. 25, 1888.
ment. And although we know, and every right-thinking
Movement.
S. T. Banla. K. X. Banks.

As

to

the showing for the eight

—

Currency.

1799,000

$1,088,000

Loss..

t2S7,000

1799,000

ti,owe.ooo

Loss..

$287,000

person of moderate experience knows, that the providing

,

Gold

of adequate

Total gold and legal tenders.

passenger accommodations and

facilities is

more commoThe above shows the actual changes in the bank hold- dious quarters, more eligible locations, more elegant apings of gold and currency caused by this movement to and pointments, follow naturally the growth of traffic, that even
from the interior. In addition to that movement the banks if they did not the great rivalry and keen competition that
have lost $2,000,000 through the operations of the Sub- have grown up, under the noteworthy expansion of mileage
Treasury. Adding that item to the above, we have the fol- everywhere, would force them although all this is obvious
lowing, which should indicate the total loss to the New we will not assume that the action taken was not called for.
York Clearing House banks of gold and currency for On the contrary, we will take it for granted that the legislathe week covered by the bank statement to be issued to-day. tor in his wisdom knew better than the railroad manager
one of the things that regulates

itself,

that

—

Week ending

Into Banla.

Sept. 25. 1885.

Banks* Interior MoremeQt, as above

«799.000

$1,086,000
7.000.000

how

Net Change in

Out of Banks.

Bank
Loss.
Loss.

HoUitngs.

to

serve

the patrons of the latter and advance his

interests.

$aa7,ooo

But having gone that far, does not justice make it
He
I^.OSl.OOO
Loss. $2,287,000 incumbent upon the legislator to go still further ?
13.799.000
Total Kold and lexal tenders ....
company
may
ask,
that
a
charges
of
rate
prescribes
the
The Bank of England lost £489,315 bullion during the
week. This represents £500,000 sent abroad and £10,685 re. and consequently limits its income (in Minnesota the
requirement is that rates shall be reasonable, but what
ceived from the interior. The Bank of France gained 3, 8 65,
would be placed upon the word " reasoninterpretation
following
francs
silver.
The
and
000 francs gold
2, 143,000
indicates the amount of bullion in the principal European able" by granger juries can be readily understood); then
5.000,000

2,000,000

-

banks

this

week and

the corresponding date last year

at

Sept. 25, 1834.

Sept. 24, 1885.

miver.

0old.

Gold.

aUver.

£

*

—

he enjoins the building of certain kinds of stations very
necessitating an
likely before the business warrants it
outlay
on capital
in
the
increase in expense account or

—

Having thus cut down profits to the railroad at
both ends and taken every precaution that trafiBc shall
22,596,158
22,380,236
Bank of England
not be overtaxed, does it not seem as if the traffic itself
Bank of France
47,009,160 44,193,187 42,480,088 41,133,387
Yet competition of the
7,105,000 21,315,000 should be left to the railroad.
7,293,723 21,878,175
Bank of Oermany
76,682,171 68,071,392 72,181,216 62,448,387 most reckless kind may go on unhindered, and the introTotal tUg week
Total previous week .... 77,016,876 65.985,650 72,560,140 62,925,064
duction of new rivals for the traffic, on which the profit to
The Assay Office paid $460,454 through the Sub.Treasury existing lines is being so constantly scaled to smaller and
forjjdomestic bullion, and $151,876 for foreign bullion
smaller dimensions, so far from being discouraged, is ever
during the week, and the Assistant Treasurer received the invited and graciously welcomed.
following from the Custom House.
It is this phase of the matter that is deserving of the
*

Consisting

DaU.

Duties.
XT.

ooia.

$520,888
416,411
522,770
557,445
262,216
374,493

"
"
"
"
"

99
64
01

S2,651,225 46

$12,500

19.

21.
22.

23
24

Total.

01

$2,000
3,000
1,500
2,000
2,000
2,000

Sept.18.

30
51

of—

Oold

Silver Oer-

Oerlifle's.

Hfleates.

8.

Notts.

account.

$407,000
313,000
314,000
316,000
161,000
217,000

$29,000
41,000
57,000
63,000
36,000
38,000

$609,000 $1,758,000

$264,000

$81,000
59,000
149,000
175,000
62,000
83,000

Inchided in the above wrere $10,500 in silver
chiefly standard dollars.

coin.

most serious consideration. As we took occasion to point
out a few weeks ago, new construction is at present being
carried on in the Northwest in a manner and to an extent
the gravest apprehension as to the future.
References to the possibility of a repetition west of Chicago of the troubles that have been experienced east of
that excites

more than mere idle talk. One
need not be in an alarmist frame of mind to see that unless
something is done, and done speedily, to put a check to
that point, are something

the multiplication of

quences must

PARALLELING RAILROADS.

St. Paul,

as

new

lines in that territory, the conse-

be_^very disastrous.

we showed,

Between Chicago and

against the

three lines

form-

The telegraph brought us a striking and significant lit- erly existing, there will before long be six, and there may
tle item of news the other day
striking because it reveals be seven, or eight, or even more.
And not only do these
80 clearly the prevailing disposition to take the control of threaten through traffic, but local traffic as well, and thus
railroad affairs, even in some of its minutiae, out of the they become a disturbing factor whose extent can not be

—

hands of the

railroads,

in question contrasts

nation to

let

and
so

significant because

the railroads take

within or without.

incli-

themselves when
threatened by foes or-evils

any way
The idea of

their interests are in

the action

strangely with the evident
care

of

" regulation " evidently

In our previous article we dwelt particularly upon the Burlington & Quincy line to "St. Paul,
because that seemed such a conspicuous and such a fladetermined.

grant case.

But

it is

the principle at issue in the building

most emphasized.
guard most sacredly against the possibility of a railroad
So long as the railroads were free to conduct their own
inflicting harm, but not against its receiving harm.
affairs, competition, even though it be carried to extremes,
The news to which we refer is the announcement that was not only desirable but necessary, for monopoly must
the initial steps had been taken by the Minnesota Railroad be avoided at all hazards and the producing classes must
Commissioners to bring suits against the Milwaukee & be made secure against the possibilitv of excessive and
to

is

of that line that needs to be

September

THE CHRONIOLR

36, 188S.J

burdensome

The

charges.

and therefore dispensed with

petition

completely

has

situation

State regulation has superseded com-

cbangPii however.

taken care of^ by law.

are

interests of shippers

The

its necessity.

Legisla-

so

afford

make

the

813

little

return

the

in

wajr

trafBc

of

is

the

for

increased

law.

And

while

accommodation,

aa

to

But sucb

investment a very doubtful one.
there

is

this

demand

is

there

any

solicitude

Almost every Slate in the evinced in the same quarter as to the effect upon the
Union has undertaken control of the matter. Not only company of the new competitive mileage projected and la
are maximum rates fixed, but, as in the Minnesota case, progress, or any effort made to prevent its being built ?
there ar(! regulations, usually, with regard to stations and Is disapproval being expressed of the new Minnesota
kindred things automatic brakes and other improve- & Northwestern on the one side of the road, or the
ments must be attached to the cars; road- bed, track, ties, Chicago Freeport & St. Paul on the other, or the
new Burlington & Quincy midway between ? Yet it is a fact
bridges, &c., are subject to certain restrictions
alarm signals must be employed; extra flagmen, station- that from these extensions the S-. Paul must suffer, more
men, signal men, &c., must be hired, and so in a hundred than any other of the larger systems. But the St. Paul,
But which can manage its own affairs and must defer to the
diflEerent ways is the expense account increased.
evils
of State and have it manage them for it, can neither move
things,
the
while the State regulates all these
away nor control the new lines that are being built, and
with.
contended
to
be
still
unnecessary new mileage have
tion

made

is

favor.

in their

—

;

In a word, the railroad must meet unlimited competition, is, therefore, without remedy. So, too, the Manitoba,
and at the same time submit to regulations reducing its which is likewise to be prosecuted for not obeying the law
in the particular mentioned, has had an unusual combinaprofits at the hands of the State.
The latter is a condition that most of the larger and tion of adverse circumstances to contend with, to which
more successful and better established companies had not we referred in detail last week, and under which its
bargained for. They should therefore, it would seem, in average freight rate, as we showed, declined in three years
1-52 cents.
part compensation be protected against illegitimate rivalry. from 2-51 cents per ton per mile to
general
government that
or
not
to
the
State
But
it
is
They were built at a time when the present situation could

we must look mainly for a solution of the problem. It is
rather in the creation of an intelligent public sentiment
up
a
the regulations imposed upon them.
shall frown down and put down all questionable
which
margin
very
small
of
on
a
move
largo traffic, which they
and methods. Particularly railroad people themschemes
convenaccommodations,
all
the
provided
profit, and have
and
capitalists who support them, must be made to
selves,
repfor.
They
that
traffic
calls
that
appliances
and
iences
enterprises are an
resent, moreover, a very large amount of capital invested see that speculative and illegitimate

Now

not bs foreseen.

they can do nothing but submit to

They have

because of that policy,

expended

in

efficiency.

away
to

this

bringing them up to their present state of

and when the Government

way and

best

unwise.

It

It

blow

which,

investments,

is

certainly

destruction

needless

a

is

be served in

cost,

—an unsettling

at vested interests

It creates a lack of confidence

influence.

largest

more.

is

It is a

of capital.

constantly seeing

shall

smallest

the

at

is

road

the

that the pitrons of

it

the

—

and which has been offense against society a breach of morals as distinct as
any other violation of the eighth commandment, and in
To allow a competitor to come in and take degree equally bad. Something more than the knowledge
that an old, existing line is doing a profitable business,
traffic, when there is no room for such com-

in tliem

petitor,

built

railroad

the

as

view than a desire to share that
not the act be visited

For,

traffic.

is

not

and should
with equally severe condemnation ?

destroying capital by indirection stealing

it,

in all railroad

interest

is

the

country (Poor's Manual shows that on
1885, our railroads were represented by a

the

iu

should be required before public opinion will tolerate the
building of an opposition line with no other object in

THE ROOMELIAN UPRISING AND THE
TREA TY OF BERLIN.

Suddenly the sick man of the East has been again
upon public attention. Tue uprising in Eastern
dollars), quickly extends to the whole industrial fabric in all Roumelia has constituted the chief foreign topic of the
Then it serves absolutely no good purpose week, and put the French elections, the Carolines affair,
its branches.
whatever at this stage of our development. A new com- and Mr. Pamell and his programme, completely in the
petitor may for the time being give the shipper lower shade.
It is not wonderful that the events of which

January

1,

capital ascount

—

stock, bonds, &c.

—

of over 7,500 million

Eastern Roumelia and Bulgaria have been the principal
scenes should have filled Europe with surprise, and should

merchants than good, and then, when peace
will also be restored, and the

have created some alarm; for they touch the very root of
the Berlin Treaty of 1878, and by undoing that which

so violect as to

more harm

to

be

calculations diflicult, thus doing

by precipitating a war, but the fluctuations

rates,

make

all

will

has been restored, rates
public find that there

care

just

is

one more

line

to

be taken

Take

to.

Milwaukee & St. Paul. Here
less than 5,000 miles of
new and unsettled districts. To

for instance the

a company operating a

much

road,

build

lip

of

it

in

trifle

that system of mileage the

company has incurred

a debt of over 100 million dollars. It is a good property,
but its success depends upon the future and therefore is
involved in uncertainty.

This uncertainty

is

reflected in

the price of the shares, which are quoted below 80, though

np

the late year

to

and 5 seems
is to

was then with

difficulty

accomplished, threaten a serioua

disturbance of the general peace.

of.

What a hardship existing arrangements are, is clearly
demonstrated in the case of the roads first above referred
is

thrust

to

7

per cent was paid on the same

be the present

rate.

This system, so situated,

be required to go to the expense of building, at a time

It is not yet forgotten that

Bulgarian

difficulties

begot

war between Turkey and Russia, and that
the differences between the San Stefano and Berlin treaties related mainly to Bulgaria and Eastern Roumelia.
By the first treaty independence was secured to Roumania
and Servia, which had hitherto been subject to the suzerainty of ihe Porte; and Bulgaria, including the greater
part of that territory which we have since known as Eastern
Roumelia, was formed into a quasi-independent State,
owing allegiance and under tributary obligations to the
Porte.
It was what was considered the undue and dangerous extension of Bulgaria to the Southeast which
roused the ire of Lord Beaconsfield, which threatened the
the last great

new stations and waiting- reopening of the war, which brought the
way places which probably Sepoys and Ghoorkas to Malta, and which

of general business

depression,

battalions

rooms

out-of-the

finally led ip

at

numerous

of

THE CHRONICLE.

344
As

the Berlin Conference.

the result of that conference

new Bulgarian

of the

Eastern Roumelia was kept out
Principality, but was organized as a separate province,
under a Christian Governor-General, with a Privy

afiairs.

chiefs

in

XU.

Macedonia, or by Greece which longs for an opportunity
expand towards the north and the west, or by Austria

to

is ready to incorporate Bosnia and Herzegovina, or
by Russia to which the treaty is a standing offense ? It
and perfect is this which constitutes tde difficulty. It is this, howRepresentatives,
of
internal ever, which may promptly lead to a satisfactory settleher
of
management

House

a

Council,

freedom

[Vol.

the

which

The Porte nominated the Governor-General, the ment.
There
of the Gendarmerie, and claimed an annual tribute,

but charged itself with the garrisoning of the forts and
Such was the
the general protection of the frontiers.
Bf
and such has
rlin
treaty
the
arrangement embodied in
;

no evidence

is

as yet that the uprising has

been

brought about by any outside influence. It seems to have
been spontaneous and it has so far been peaceful. Much
depends upon the wisdom of the Porte and on the good
It will be a dangerous
sense of Prince Alexander.
;

been the state of things since 1878 up to the present. It
hut fair to say that the arrangement from the beginning experiment if the Porte should attempt to enforce its
was distasteful to a large number of the people of Eastern authority upon the revolted Province, as it might rekindle
Roumelia, who desired union with their brethren of the the flames of war over the whole Balkan Peninsula.
Principality, and who felt that such union was necessary It will be equally dangerous if Alexander should do

is

to give strength to

the infant State and to do justice to

To hold
Bulgarian claims and Bulgarian aspirations.
weakness
perpetuating
only
urged,
was
apart,
it
was
them
and making

development impossible either in provisions of the Berlin Treaty.

satisfactory

The

the Province or in the Principality.
of the

two

territories is

more for the present than merely keep the peace.
The difficulty which has arisen can only be settled
by the Treaty Powers. They can, if agreed, enforce the

entire population

under 3,000,000, of which a

little

the necessity of the case points
to a probable modification of

dent that there

over 800,000 belong to Eastern Roumelia.

is

evi-

It is

very significant that the London

desire for war;

and

contentment was scarcely possible. It was felt in Bulgaria, and it was felt in Eastern Roumelia, that a family

Times advises

a peaceful

If the

and

very

the Treaty.

not on the part of any of the Powers a

In such circumstances, and under such an arrangement,

facts.

they are not agreed,

If

to a fresh conference,

it is

solution

advice of the Times

is

and a recognition of
taken, and no objec-

was divided against its will and it is not difficult to tion is raised by the other signatory Powers, accomplished
that, though it has been necessary to yield obe- facts will be recognized, and the Principality of Bulgaria,
dience to law and to conform to the existing situation, still under the suzerainty of the Porte, will henceforth
Should any of the great Powthis family feeling has in many quiet ways been finding include Eastern Roumelia.
Thus looked at, the uprising in Eastern ers object, or should the arrangement bo sanctioned only
expression.
Roumelia is not so much of a mystery as it might other- on the ground that the Berlin Treaty is a dead letter, a
;

imagine

wise appear.

mind

It

is

all

important, however, to

that the reasons which

prevailed

when

bear in

the

Berlin

was framed have not only not ceased to exist, but
are as live and as forceful as ever. The Berlin treaty was not
drawn up in tlie interests of the Roumanians, the Servians,

treaty

the Montenegrins, or the Bulgarians

any or of all the so-called oppressed

—but

in the interests of Europe,

establishment and

preservation

—not

As

and with a view
the

to the

general peace.

it

now

presents

itself,

way

out of the

the situation

is

difficulty.

one of deep

interest.

THE
The

in the interests of

nationalities exclusively

of

fresh conference seems the only

NEW HAMPSHIRE

the singular controversy

Hampshire and the foreign
is

INSURANCE LAW.

daily newspapers have reported the chief facts in

between
fire

the

State

of

insurance companies,

accurate to speak of the affair as a controversy.

New
if

it

The

and Legislature of the State passed two laws at its late session,
by her after being notified that if the laws were enacted all
interference in their behalf h ad put them under a heavy insurance companies not incorporated under the laws of
debt of obligation.
This, however, was not all.
In New Hampshire would discontinue their agencies and
Roumania, in Servia, in Bulgaria, and in Eastern Roume- cease writing policies upon property in the State. Therelia, the dominant portion of the population are of the
upon the companies affected carried out their intention
They also signed an agreeSclavic race, and therefore allied to Russia by race feel- and withdrew from the State.
ings.
To have allowed the treaty of San Stefano to take ment not to maintain any agency in New Hampshire- as
effect, and to have included Eastern Roumelia in the
long as these laws were in force, and not to underwrite
Bulgarian principality, would have indirectly brought any property in the State from any other office; and all,
Russia within little more than one hundred miles of the or Tiearly all, the companies doing business in Massachugates of Constantinople.
Such an arrangement was setts which had not maintained agencies in New HampThis
deemed not only undesirable hut dangerous in 1878. shire bound themselves by the same agreement.
Nothing has occurred in the interval to make it appear case is extremely interesting in itself, and hardly less so
less undesirable or less dangerous in 1885.
Russian as a manifestation of the foUies which men who are comaggression in Europe is by some of the nations as much monly sensible will commit when they suspect others of a
dreaded to-day as it has been at any former period and purpose to coerce them.
fear of the consequences which might follow the dissoluThe situation as it appeared to those who urged the
tion of the Turkish Power on the western side of the passage of the new legislation was this:
Insurance agents,
Bosphorus is still an active and determining force in Euro- in their eagerness for business and commissions, urge
pean politics.
property-owners to place excessive insurance upon their
It is difficult as yet to say what will be the result of buildings
the insurance companies combine to fix
Russia had been successful in the great struggle

the advantages secured to the

different

;

States

;

—

;

this

uprising in

feature

is

that

Eastern Roumelia.

Its

one unhappy

violates the treaty of Berlin

—a treaty

premium

rates

to over-insure,

the maintenance of which all the influential powers are
pledged.
If Bulgaria and Eastern Roumelia are allowed
to trample upon that treaty, why should it be respected

being insured

by

Servia,

which desires to annex the northern part of

;

the people are thus constantly tempted

pay much more than a fair sum for
is burned the comsometimes
panies contest the payment of the full policy

to

it

and

;

to

but when a building

;

they refuse to accept a fair valuation of the property
destroyed, and at others they allege a violation of the con

Septembek

THE CHRONICLE.

20, 1886.]

345

These are the general allegations where is that it is a contract of indemnity. A man who
upon which the recent legislation probably the most pays for more Insurance than the value of his property
stringent, thoroughgoing and unevadable insurance law will warrant is foolish; but the fact that there are some
There is, first of all, the men who cannot resist the persuasions of insurance agents
ever enacted was based.
" valued policy" provision; that in case of a suit to recover is no reason why the law shall make it profitable to effect
for a total loss "the ainouat of damage shall be the over-insurance, and then to burn down the building
" amount expressed in the contract as the sum insured; insured provided it can be done without detection.
All
" and no other evidence shall be admitted on trial as to this and much more, which will occur to every person
" the value of the property insured."
The same law who has studied the subject of insurance, was said to the
made it the duty of the Insurance Commissioner to pre- New Hampshire Legislature, but in vain. Those who
pare a standard form of policy to be used by all com- represented the corporations said plainly that if such were
It was further to be the law their companies could not and would not
panies doing business in the State.
provided that the Insurance Commissioner should revoke remain in the State. This was at once treated as a
the license of every insurance company which should threat, a measure to hamper the free action of the Legislamake application for the removal of any action or suit to ture, and with virtuous indignation against ihe iniquitous
which it is a party from the State Court of New Hamp- lobby influence of grasping corporations, the Legislature
But in point of fact the
shire to a United States court; and of every company proceeded to enact the laws.
which should " enter into any compact or combination companies simply announced the plain truth, that under
" with other insurance companies for the purpose of the conditions prescribed there was no profit in insuring
'•
governing or controlling the rates charged for fire insur New Ilamsphire property, and inasmuch as insurance
''
ance on any property within this State ;" and the companies are formed for the purpose of making money,
license could not be renewed for three years. A second law they would not maintain agencies in the State any longer.
declared that " all statements of description or value in Now that they have all withdrawn, some people are beginditions of the policy.

—

—

" an application or policy of insurance, are representations

ning to see the real truth.

" and not warranties," and erroneous descriptions or state-

empty boast on the part

of

Moreover, in spite of the

some

of the people that they

ments by the insured are not to prevent his recovering on can create new insurance companies and keep at home the
his policy, unless the jury find that the difference between profits which foreign companies have heretofore drawn
the represented and the real condition of the property con- from the State, it is beginning to be seen that the State
" A really did gain something from the companies; and many
tributed to the loss or materially increased the risk.
" change in the property insured, or in its use or occupa- persons are anxious as to how they can effect any valid
" tion, or a breach of any of the terms of policy by the insurance on their property.
This is particularly the case
" insured, do not affect the policy (except during the con- as to mortgaged property, which, by the terms of the
" tinuance of the change, use or occupation, or of the mortgage, must be insured.
" state of things constituting the breach of the terms of
Of course no very important consequences to the
"the policy); nor shall any misrepresentation of the title country are to be anticipated from this affair. It is
'•
No insurance company will be forced to
or interest of the insured in the whole or a part of the purely local.
"property insured, real or personal, unless material or reduce its dividend on account of the loss of New Hamp"fraudulent, prevent his recovering on his policy to the shire business, and whatever evil consequences the legis" extent of his insurable interest-"
lation may have will fall exclusively upon the people of
If the promoters of this legislation expected foreign one State.
But the story has its value as a fresh illustrainsurance companies to continue taking policies in New tion of the hap-hazard way in which much of our State
Hampshire under the terms of the new law, they must and indeed not a little of our national legislation is
have had a singular idea of the profitableness of the busi- enacted. If the anti-insurance laws of New Hampshire
It would have been simpler and quite as easy to were due to a peevish impatience toward insurance agents
ness.
enact out and out that in every case of a total loss the
and that was really the chief cause to what was the
insuring company shall pay the full amount of the insurance silver legislation of 1878 due ? One can hardly read at
without deduction. Substantially all the legal rights of this day the reasons which the ardent advocates of the
If it accepted any busi- " dollar of our fathers" gave for remonetization without a
the company were taken away.
ness it must fill out policies drafted by the State Insurance feeling of deep amazement that a great people should
Commissioner: in case of a total loss it could not intro- have been moved by them to anything but contempt for
dace evidence as to the real value of the property de. the authors and repeaters of those arguments. It was,
stroyed and if it wished to appeal to a Federal court it let it be remembered, one of the strongest of the reasons
could do so only at the cost of being excluded from New assigned, that the silver dollar had been " demonetized
Hampshire for three years. Persons wishing to defraud by a trick." In this case, in the case of New Hampshire,
insurance companies were almost directly invited to do so and in every other instance where unwise laws have been
by the assurance that misstatements in applications for enacted to punish some one, 'or to gratify the petty
policies would not affect their legal rights.
The exception spite of the hour, the evil has fallen solely upon the
of "fraudulent" intent really amounts to nothing; for head of the community which thought to deal a blow

—

—

;

nothing

when

is

the

more

difficult to

prove than a dishonest motive,

dishonest act cannot

lished.
It is quite

at an

enemy.

be most clearly estab-

unnecessary to present the contention of the

ffOW

OUR RAILROAD

MILEAGE

TRIBUTED.

IS

DIS-

detail.
The idea of the New
Hampshire Legislature was to throw upon the companies
With one hundred and twenty-five thousand miles of
the burden of preventing over-insurance by making it railroad in the country, it is a matter of some interest to
costly for therrv in case of loss.
What the Legislature did know just where this mileage is located, what sections
was to make it easy and sale for property owners to effect have the larger part, and where the growth has been
We showed in a previous
over-insurance, and to take away the power of the com- most rapid in recent times.
panies to prevent it.
The idea of fire insurance every- article that during the last five years about 40,000 milea

insurance companies in

THE CHEONICLE.

346

Most persons without seeing the

have been added.

fig-

[Vou XLI,

has been greatly restricted in the Western
the various influences at work,

ures could quite closely state the sections in which this

result of

addition has been mainly located; but to give a decisive

there has been no break to the steady, even

answer

to the question

and as a basis for some further has been for some years going

we

to

suggestions,

present the following from Poor's

for illustration, there

show the mileage by geographical divisions at the end of
1884, and the increase yearly in the same during the
We have changed Mr. Poor's classilast five years.
fication, however, so as to include Texas and Arkansas among the Southern States instead of the Western

South, that the

States.

panies.

End

of
1881.

last

year

point in favor of th&

pretty evenly distributed,

is

whereas in the case of the West, Minnesota, Iowa,
Dakota and Wisconsin have 1,061 miles out of the total
addition

miles

1,740

of

in

the construction was mostly

As
GeoiraplUcal Divinons.

Taking the

on.

this further

new mileage

the South
growch that

to other sections, the

all of their section,
and
by three or four large com-

New

England States "f course
little from year to
too, move forward slowly,

extend their net work of roads very

New MiUage Bum.

MUeage

is

States as a

in

and the Middle States,
though cases of coal roads in the vicinity of Buffalo
74
6,307
74
67
113
74 might be mentioned where there has been unnecessary
New England States
19,203
468
004
1495
191
562
duplication and triplication of lines, which has brought
1,182
.27,857
1,251
1,566
3,061
3,121
Southern States
3,143
4,079
63,270
1,740
5,751
4,922
disaster to the companies chiefly involved.
As to both
450
1,113
1,360
9,742
1,229
1,062
the Eastern and the Middle section, it is to be said that
Total
125,379
3,977
6,800
11,608
6,886
9,779
they are already exceptionally well suppliei
with
This bears out the expectation that the Western States railroad facilities, so that even in an era of reckless
and territories have a vast preponderance of the mileage expansion the actual amount of new mileage built
of the country.
In fact, we find in that section no less from year to year is small compared with that built ia
than 62,270 miles out of the total 125,379 miles that is, the newer and undeveloped sections of the West and
year,

littcs.

1881.

1883.

MUel.

Af«M.

1882.

mus.

1881.

18S0.

Miles.

Miles.

—

only a

little less

Of

than half the whole amount.

course,

Southwest.

Another

the area of territory covered by the Western States (the

what

inquiries, is as to

ment which we

shall give further below) is much larger
than that of any of the other divisions given, but it is

total

from one-half, the exact figures being 1,169,910
square miles, out of 2,969,995 the area of the whole
United States. Of the 39,000 miles of new road con-

that the pssition of

far

structed in the last five years, this

had 19,635

miles.

the geographical

though

It

may

division

now has 27,857

Southern, which

strange that this should be
section,

way behind

square miles.

It

it,

miles of road.

so,

an extensive

covers

it

section has

is

the

It is not

since,

like the

Western

area,

namely

772,480

however, the best of evidence of the

is,

many

for

was

Illinois

(5,297 miles,)

frequently

State, or States,

examination of the

shows
but
Thus in

statistics

years past, Illinois heads the
other States has changed.

first

receive

have the largest
list,

(G,589 miles), Pennsylvania second

New York

third (5,165 miles),

States followed only a great

way

and the other

Now, with

behind.

Illi-

perhaps surprise some that nois first (8,909 miles), Pennsylvania is still second (7,546
next in point of mileage, miles), but Iowa has only little less and comes in third

course a very great

of

Western

1873

An

mileage.

that, as

we

about which

point

particular States included can be seen in the detailed state-

(7,510 miles), and
miles);
6,

1

Ohio

New York

is fifth

occupies fourth place (7,335

(7,276 miles), then comes Texas with

98 miles, and Indiana and

miles each, while

nesota have

all

Michigan have over 5,000
and M'n -

Missouri, Wisconsin, Kansas

over 4,000 miles each.

Bat while

this is

making in recent years. interesting enough in its way, it does not show much, for
Indeed, the above figures show that during the last mileage alone is no criterion as to the extent of railroad
five years the Southern States gained no less than 10,181
development. The size of the States or districts compared,
miles of new road and in the late year they had 1,251 must also be taken into consideration.
Thus why

great progress the South has been

out of the 3,977 miles built in the whole United States. should not Texas with its 262,290 square miles of
Of course the growth has been comparatively more rapid territory (or
whole
area
of the
of
the
twice
in Texas and Arkansas than elsewhere in the South. the
the
States
United Kingdom) be up among
These States having to a large extent been opened up to having the largest amount of mileage, and why should
settlement in recent years, afforded the opportunity for a not Massachusetts, having an area of no more than
greater development and extension of railroad mileage. 8,040 square miles, be, for the same reason, among those
But allowing for the 4,551 miles constructed within their having only a small mileage? The proper basis of comboundary in the five years, we still have 5,630 miles left parison, therefore, is that of mileage in proportion to area,
as

new mileage

Moreover, there

built within the older
is

at the

tion to regard the

investment.

and new

moment

Southern States.

a quite general

South as a very promising

While business everywhere

lines in other sections are

is

disposifield for

depressed,

but sparingly under-

and this we have undertaken to give in the table below,
which shows the total area of each State or Territory, and
the average

number

of

square miles of land to each mile

of railroad within such State or Territory.

Of

course,

on

that basis the smaller the figure the greater the density, if

growing in favor, its iron we may so speak, of the mileage. We embrace in the
manufacturing advantages same table also the mileage in operation January 1, 1885,
commanding increased attention. In Texas, to be sure, and that in operation January 1, 1879, six years ago (one
the construction of new mileage was for the time over- year further back than the figures in the table first given),
done, but if we leave out that State and also Arkansas in order to show the expansion that has taken placj since
we find that in the Southern States east of the Mississippi the resumption of specie payments. Moreover, we have
the growth of new roads since 1880 has been almost con- also added the population at the latest period for which
stant from year to year, 1,308 miles having been con- there is any official data (1880).
In the case of many of
taken,

the South

mines,

its

is

coal mines,

steadily

and

its

structed in 1881, 1,479 in 1882, 1,260 miles in 1883, and
1,105 miles in 1884.
In the meantime, new construction
in the Western section has fallen from
5,751 miles in

*2

to 1,740

in

1884.

In a wq^d, while new mileage

the Western and Southwestern sections

the growth since

then has been so rapid as to render the 1880 figures valueless,

but

it is

interesting to

know

the different States at that day.

the relative position of

September

THE CHRONICLEL

20, 1885.1
Squart

Jan.

I.

ISM.
Muine.

Now

Arta in
Bqwurt

lliimpshire.

1,014

080
1,000

044

873

71

1,872

118

an

SOS
esa

S4

.,

Hlnnd

Connecticut

0T6

New Rngland....
Now York .....
New Jersey

Milt 0/
(0 Cmtiu
Boatl
of 1880.
Jan.l/ea.
88-17

20,880
0,0OS

1,«W

\'«riiiont

fWtfordffHr

HUn.

m-

048,036
348,001

8-62
0-67
4-04
6-14

0.I9S
8,040

8

Um

Territory

1879,

1,142

.M;l^~ln-hll»0tt3
Itli'.Klo

Jan.1,

POpuJd.
Poimla- (ton p#r
Squart

MUUQj

Mittatt.

>TATE OR TKRRI'
Tonv.

1,065
4.8ta

876,6811
882,700|

128 58

8,80

B,87B

434

82,000

9-83

4,010,680

64 68

.

7,SS8

1,408

47,620

«'40

5,082,871

106-73

8»

7,4H

305

1.1.31,118

151-78

....

l,8e»
7,iMa

B,877
1,668
6,011

IpSSB

4,288,801

28

44,865
1,800

6-06

aoe
18

280

6-41

146,808
177,644

00-iO
74-80

District of Col....

Marrtand

i,ow

052

Went

rennflylvanla.

Delaware

Virginia,

Middle States..

148

1.;,860

1,097

358

24,645

MS

15,402 "airoii
1,042;
503'

IS,

Virginia
North Carolina.
South Carolina...
(roorgla
Florida

60

3.688
1.93M

1.648

1,435

.02

\

M12' 15

21-00

934.943
818,457

136,686

7-11

12,374,610

90-60

40,123
48,580
30,170

1403
2507

1.518,505

10-20

905,577

19 HI
40-97

1,542,180'

87-70
88-81
33-00
26-16
4-07

j

1,390.750

26 00

1,554

1.419

I4sl

8,977

2.415

5621

68,0(40

1,381

487

64,240{

AI:lh?(liin

2,101

I.S32

51, wo'

23 52

1,262,5051

Mi"i"si|,,>|

1.844

1,188

837
390
718

48,»t0

215-13

1.131,507

1.310

468

8a0(

46,4201

84-51

989.016

20 09

Teuaessce.
Kentucky..
Arkansas...

2,1««

1,666

501

41,753

19-28

l,.5t2.850

3<l-04

1,887

1,498

40,000!

81-20

1,848,600

41-22

1,784

783
2,428

63,045
262,200

80-07
42-32

15-13

6,196

081
8,770

808,525

Texas

i

27,857

17,200

10,657

772,480

87-78

j

5,151

2,125
1,010

40,760
67,430
35.910
58,000
54,450
79,205
147,700
55,475
76,185
81,700
88.785
80,830
103,645
97,575
145,310

Southern States.

Ohio
Michigan. _
Indiana

7,276
S,«33

Illinois

8,909
4,289

^53t

Wisconsin
Minnesota

4,193
2,759

Dakota
Iowa
Nebraska

7,610
2,794

Kansas...,
Missouri
Indian Territory..
Colorado

Western

8,593
4,198
7,448
2,810
2,5S5
39U
4,868

3.244

1,844

1,450

1„S38
1,461

1,658

2,439

2,427

1.778

8,288

1,421

353

275

78

2,842

1,185

1,677

616

472

144
1.047

1.047

78-48
-28-50

6-49

1,978,801

6-29

8,077,871

55 09
54 86

12-69

1,315,40-

2418

18-89

780,773
135,177
1,624.815
452,402

63-53
7-39
27-27

0-91

20-29

604

the mileage

were supposed

1-.S7

Ara«t<intaui.

On^

20,789
30,160

0-21

HumburK..

0-27

22,980 1,160,910

18-79

17,607.410

15-13

Berlin
Frankfort...
Vienna.
Trieste

109,740
155,080
122,460
S4,200

115-78
53-68

0-57

103 93

62,266
864,694
119,565
32,610
143,903

811

101

1,134

676

543
27
283
21S

708
591
879
882
464

82,190
112,920
94,560
66,880

124-64
81-17
98-93

0,742

3,952

5,790

829,020

86-10

72 48

0-39
1-75

0-35

Total U. States.. 125,379

Here we

81,767

43.612 2,969,1195

23-69

.

the

many

let

to

45i>8«45%
4.^°8

*'

51%a5lTe

Usbon

1,513,422

1-83

roads passing through that State to get an out-

this

Next

city.

after

New

Jersey comes Massa.

chusetts, with one mile of road to a little

miles

of territory.

over four square

Connecticut comes

third with 4-96
square miles to one mile of road.
Rhode Island has one
mile to every 5-14 square miles, and after this follow, not

the Middle States, which are almost
railroads,

but Ohio

— a Western

all

State

of road to every 5-60 square miles.

well supplied with

—which

has a mile

It is noticeable that

most of the older Western States have a very heavy
proportionate mileage, and this accounts for the difBculty
of maintaining rates and dividing business in that territory.

Thus the

Illinois, -6-29;

ratio

of Indiana

Iowa, 7-39.

Even

is

6-49 square miles;

M

II

Alexandria

Jersey takes the lead, having one mile of road to less
than four square miles of territory. Of course, that is in
great measure owing to its proximity to New York and

»*

"

1-12

New

SiKht. l-i-l's •12-2-'8
3 mos. 20-53 »20-S7

Madrid

1-85

see that in proportion to size the State of

Sate.

Cadiz

75,116

16-91

the

Middle

States,

which

transportation facilities

value, since the

20-51 »20-58
20-54 ®20-58
'•
12-62>«ail2 65
<«
15-62J3(»15-65
(1
25-50 »'25-55
Antwerp
"
St. Petersb'g
23>3»239,«
Paris
Chocks 25-25 -325-30
Paris
3 mos. -J5-38%a25-43%
25-65 •»25-70
Qenoa

40,440J
174,788!

50.234.807

all

3 mos. 123>a •12-4

Bombay
Calcutta
New York.

345^

LattMt
Date.

Time.

Sou.

Sept. 11 Short.

1203

8ept"'ll siioVt.
Sept. 11
Sept. 11
Sept.
Sept. 11
Sept. 11
Sept. 11
Sept. 12 Checks

20-38
20-38
20-38

n

l-.-oO

12-48

2530
23Jls9

25-26H

Septi'll Shoit.
Sept. 11 3ni08.
Sept.
Sept. 11

U

.

Ctonstant'ple
Paclflc States...

to possess

Time.

3<i-47

0-99

in those sec-

BATES OF EXCHANOE AT LONDON AND ON LONDON
AT LATEST DATES.
XXOHANOJ! AT LONDON- Sept. 11
axoHAsex on london.

158-40
138-79

5-54

is

Comparisons with other countries are percircumstances and position
here are so different, but it may be of some interest to
know that in England and Wales, where manufacturing
interests of such large magnitude are centered, the ratio
of mileage to territory is one to 4-40 square miles, which
is exceeded in this country by New Jersey and Massa
chusetts, and approached by some .other Eastern States^
and also some of the Western States,
little

AmBterdam

102-82

it

vania alone.

haps of

1-13

762

quite meagre, and

needful to the development of their industries, there were
3,000 miles of new road built in New York and Pennsyl

197-82

1.183

still

It is to be noted that in the

ried on.

12-19

8

is

Whea
Coact,

tions doubtless that future construction will chiefly be car-

3155

2,149

1,168

9-86

the room there is for further extension in each case.
we get west to Dakota, Wyoming and the Pacific

99«,0I>8

1,191

In a

The reader will find it verj interesting
compare the ratio of mileage to territory of these different States, and these ratios will give him an idea as to

2,168,380

2,011

1,,"5.36,

to

79,024
104,327

321

Nebraska I,4.'iO, la
word the Western
three thousand miles each

1,479, in Illinois 1,461, in

States have adilod from one to

19-43

New Mexico

Washington Ter.

Wisconsin

Missouri 1,424, in Indiana

14-59

California

906

18 05

1,636,9371

627

L'taU

007

14,688,936
8,108.062

39,290

Idaho

1,591,749

5-60

948

AriKona
Oregon

I

.10-98

62,2;0

States.

NeTada

24 50
21-42

j

1.479

4,205
4.710

Wyoming Ter
Montana Terrifry

880J

260.403

rado 1,677, in MinnesoU 1,658 milei, in Michigan 1,640,
in

to their mileage.

21-71

38-63
88-37
881-77
861-86

888,886!
l,788,08Bi

400

Mill (It
lluU
tinu.

347

....

Dema'd
•*
.

HonK Kong.
Bhanehai

Is. 67iad.
Is. 67i8d.

60 days
....

Sept.
Sept.
Sept.
Sept.
Sept.

12
12

Tel. t'rs

12 4
12

Is.

eud.

Is. e>4d.

11 30day»-

mos

48274
3s 6isd.
4b. 9Vtd.

otu- own oorrespondont
London, Saturday, September 12, 1885,
The course of events, commercial and financial, during the
week has been such as to increase the hope that the improvement apparently in progress will be real and not imaginary.
Indications are still for a quiet development and not for a
"boom," but as the marketa gain strength, so will they ex
hibit greater animation, and as profits are secured speculation
will become more general and lifelessness will give place to
busy activity. It is, however, in the hardware trades that the
encouraging symptoms are as yet principally witnessed.
Already pig iron is being speculatively purchased, and more
inquiries are reported amongst manufacturers. So far the
wool and cotton trades have not felt the improvement. The
wool sales are indeed progressing with even less animation
than they opened and prices remain weak. Cotton also does
not appear to be well supported. But there can be no que8<

[From

1

tioning the fact that business is looking up, although the
Board of Trade returns for August do not offer any statistical
confirmation of the circumstance.

the Northwestern States,
A significant feature in the weekly Bank of England return
Michigan (10-98), Minnesota
was the reduction of £'3,300,000 in other deposits. Clearly,
(18-89), and the States of Kansas (19-43), and Missouri
money has been more wanted, and the provincial banks have
(14-59), must be regsjded as having ample railroad
been strengthening their position in view of a better employfacilities.
ment for capital. Money, also, although still very plentiful
It is in the same section, too, that there has been the and unremuneratively low in value, is not that drug on the
most expansion in amount of mileage since 1879. The market it was a short time ago. The railway traffic statements
State that has exceeded all others in this respect is Texas, are less discouraging than they were. The discount market
railway traffics are very reliable pulses from which
but in Iowa 3,244 miles were added, in Dakota 2,439 and the
to ascertain the real state of trade, and that they are just now
miles, in Ohio 2,125 miles, in Kansas
1,778 mile?, In Colo- beating with greater steadiness and strength must be accepted'
like

Wisconsin

(ratio, 12-69),

THE CHRONICLE.

348

as an auspicious augury. Some rather ominous growls have
been heard from the Spanish Peninsula, but the evident determination of Germany to avoid a quarrel and smooth over present diflficulties will destroy an opportunity for fostering internal troubles. Hence at the moment there is no apparent reason

why the political world should be disturbed. The relation^
subsisting between some Continental States might be more
cordial, but there certainly is nothing at the present moment
to suggest anxiety or uneasiness, or promote apprehensions in
commercial circles, especially as the settlement of the Afghan
Money has had a firmer market with more doing. Rates have
somewhat steadied. Coin is wanted for Ireland and the Scotch
Term payments will soon have to be provided for. Money is
evidently

now at

its

An

be anticipated.

A

Silver— fall in etchange Immediately alter our last and the arrival
of lar^e consignments from Chili and tlie Kiver Plate completely disorganized the mai ket, and bars, which we quoted last week at 48'*i6d.,
fell to IT'^ed.
In consequence of the Indian Council selling at current
rates the market has again been adversely atTected. and the quotation
to-day is 47i3i(,d. Arrivals from New York, £47.0j0 Chili, S76.000;
River Plate, £24,0OJ; total, £147,000. The P. & O. steamers take
S, 41.400 to India.
Mexican Dollars continue to be in demand on French Government
account, and all recent arrivals have been purchased for that quarter.
The last price at which business was done was 48i4d. The Don from
the West Indies brou;?htii 107,090. £31,216 have been shipped to China
by the P. & O. steamers.
;

The quotations
Price Of GoW.

frontier question has been achieved.

and a gradual improvement may
advance in the Bank of England rate of
lowest,

[Vol. XLI.

for bullion are reported as follows:

Sept. 10.

PHcs

Sept. S.

d.

$,

Bar Rold, fine., .oz. 77 9H
Bar Kold, contain'^aOdwts. silver. oz. 77 10«
Span, doubloons. oz.
S.Am.doubloonB.oz.

of Silver.

[.Sept. 10.

d.

t.

Bar sliver, flne.. 01.
Bar sUver.containIngSgrs. gold..os.
oiCake silver
Mexican aol«...oi.

9

77

77 10>i

Sept.

3.

d.

d.

47 13-16

48 3-16

48
51

48 9-16
62
48 7-18

3-16
e-18

48M

The Board of Trade returns just issued for August and the
being brought within measurable distance, but
discount
eight
months do not, as already stated, contain any statistical
there are no signs of any rapid changes. As regards the Amerievidence of improvement in trade. Both imports and
can demand for gold, about which there is the discussion usua'
exports show a falling off, but possibly later publications may
to this season of the year, some small parcels have been pur.
be more satisfactory. Anticipations certainly point that way.
chksed in the open market for transmission to New York, but
The
imports during August show a decrease of £653,7 3,
thus far nothing has been taken from the Bank. Before the
decrease for the eight month* £P,546,05?, The
export can attain anything approaching to liberal dimensions making the
exports of British and Irish produce and msnufasturei for
lower
New
York
exchange
will
have
to
some
points
go
the
£1,' 07,431 and a gross deficiency
The possible extent of the inquiry remains altogether unde August show a falling off of
for the eight months of £14,398,585. In the exports of foreign
cided, and the prospect of the demand being satisfied from the
produce there is a decline of £730,174 for August
Continent must not be lost sight of. Since the commencement and colonial
and £3,783,991 for the eight months.
of the year our imports of gold from all parts have been
The imports into and exports from the United Kingdom
£193,000 less than in the corresponding period last year, buj
were:
our exports, in spite of the liberal shipments to Egypt, have during August and the eight months
r— Exports Jlritish <e
^EjriJorls Foreign it
also been £3,900,000 less. There must therefore be more gold
Colonial Mer'dse.-^
Total Imports.
Irish Froducts, rf-c—
Months.
AuejHSt. 8 Months.
August. 8
August. 8 Months.
in the country tlian there was a year ago.
£
£
£
£
£
£
]ofl,l«9,5fll
4,2S4.000
38,224.9^0
287.105,801
21,384,082
41.409.000
subscriptions
the
Chilian
The
to
4J^ per ceat loan for 1884.
4,077.1(11
42.012,173
29.810,739 202,;53,4»rt
19,802,057 15(1,403,152
t8,i;5»,i8a
1885.
2.S,9d6,976 253.207,443
18,494.633 142,060,507
s,3ia,9s7
£808,900 amounted to about £2,500,000.
The following are some of the leading items of imports and
The rates for money have been as follows :
is

—

,

,

exports:
Open market rata.

IMPORTS.
1883.

Interest allowed

for

depoHU by

Trade BiUt.

London

Cotton.

Diac't B'se

At 7 to 14
tVur
Four
Three
Six
Three
Six
Stock
Months Montlu Monthe Months Months Months Banks. OaU. Days
I

Aug. 7
"

14
81
28

"
"
Sept.

iHai^iwa

-

2

l?69l>li 2

4|

«-«
a «- H
H H- H
H H- k
H M-H
H H~%
Bank of

-'i^sz |2Ma2H 2><®2«

-

Hi® \}4(^

®
a

-I2

- 1}<9>19<1«®2 |2)4@2M
li^a -|2!<3 -!l«(Slj4 2 aZii2it®2H
1«9 -ZK92<4 ljra2 ]2M93« 2.X(8i8

li^alM

@ — 25«®2M

k«a2!^2««3)i

a 2^®2i^ 3 a
The following return shows the position of the
England, the Bank rate of discount, the price of console,
the price of middling upland cotton and wheat, and the Bankers'
Clearing House return, compared with the three previous
••

111

l»4(a

3

years
1881.

1883.

£

«

«

2t.7,i2.325

25,576,303
G,209,!IK>i

25,391.190
5.870,030

26,194,980

4,162,023

2.!, 198, 324

25,269,7.i2

1885.

X

Clronlatlon,exclii<ltng
7-clay & other
Pablic doposlta

bills..

Other depoalts

28.80il,5'i4

Goyemm't securities.

15,1 ;5,604

13,437.669

Otlier securities

2'i,ii75,J3 J

21,053..5ri4

1882.
4,65'.',86K
23,.°i«9,8l9

13.693,631 11.682,20
21.4%8,01»1 23,98 I,93.>
Bea'veot notes A coin 13,941,5il 13,378,454 14,481,191 11,156,714
Coin aiid bullion in
both departments.. 22,946,866 23,204,73% 21,122,381 21,601,694
Proi>ort'n of reserve
to liabilities
41-69 p. o.
I6I4 p. c.
45^4 p. o.
39U p. c.
Bank rate
2 p. c.
2 p. o.
3 J9 p. 0.
5 p.
Consols
10Uii„d.
lOOTj.
101^
99^
EnR. wheat, av. price
32<. 4d.
34%. 3d.
41h. Sd.
45s. 9d

1884.

324.806

8 months...
All countries— August

8 mouths

1885.
Cwts.

Cwts.

Ctets.

From United States— AuKUSt....

291,067

7,888,748

6,7!<1,137

61it,2'>9

479,716
10,286,228

10,827,493

180,340
5,824,774
295,197
8,236,238

Wheat.

United States— Atl. ports— Aug..
8

1,318,891
9,205,396
611,474

months

Paeifloports- Auuust
8 months
All countries— August
8 mouths
Flour.

2,161, S.'i?

9,341,085
334,i»98

10,137.2!i9

0,923,250

6,613,009
43,596,083

30,662.928

5.706..'i9i

United States— August

687,200
758,839
7,7110,420
6,754,877
1,085,075
1,117,134
11,192,165
9,910,704
EXrOKIS TO UNITED STATES.
1883.
1884.
Yards.
Yards.
5,80."i,t00
4,^SO,600
Cotton piece goods— August
8 months
41,076,(00 40,)."i4,100
Linen piece goods— AiigUBt
7,<)82.ff,0
6, i(i:i,o0a
Smooths
52,781,400 51,S89,200
667,300
685,00
Woolen fabrics-August
8 months
All countries—Auf-ust
8 months

8

.

months

3,S76,Kf!0
4,01si,e00
22,966,4(10

Worsted fabrics— August

Smooths

571,433
8,094,028
873,802
11,826,995
5,2a2,150
41,961,056

541,930
8,780,529
775,611
11,414,225
1835.
Yards.

5,900

3,701,500
36,193,700
6,427,400
47,853,100
519,000
3,285,800
3,400,800

26,«2.800

22,901,81)0

3, '7:'."00
3.'i

The movements in the precious metals have been as follows:
2b and from dU Countries.

To and from United

States.

<

Mli Upland cotton..

8%d.

5%d.
S^A.

ClearlnK-Houseret'n. 85,054,uOO

91,293,000

53,3d.

No. 40 mule twist

51"iRd.
938d.

lOiii'.

82,020,000 119,154,000

The Bank rate of discount and open market rates at the
chief Continental cities now and for the previous three weeks
ha7e been as follows:

Imports
I>o

Sept. 3.

Inttrestat

Bank
Rati.

Parts
Berlin

Frankfort

Open
Market

3

m

4
4

2M
2H

Hamburg
Amsterdam

4

2H

<hi

Z

BmsselB

a

Macirld

4
4
s

Tienna
St. Petersburg.
Copenhatien.

Aug.

Bank

open

Bank

Bate.

Market

Rate.

a

i

4
4
4

2H
2«

Open
Market

Auu.

Bank
BaU.

»
4

4

2H

a

an

a

2«

2«

3
4
4
6

2H

3
4
4
6

3
4
4

sw

6

a

6

4

4

4

3M
»

Open
Market

2«
2H
a\i

2«
4

SM
8

SH
an
3«
3ii
3^
3«
Messrs. Pixley & Abell write as follows on the state of ihe
bullion market:
'"'* ''®^'' somn Inquiry 1b the open marlict for America
iJI"'^"?''^'^^
altuoush
as yet reoouiao hus not been had to the B ink. Since lasi
week S123,0U0 has been sent inm the Bank of EiiRlan 1, th.- oulv
with
drawal De.ntt £\{),((».i for Lisbon. The chief arrivals are: «2i>.no.
-

iL'«6»ft?tai?i!u'6?6TO^'^'°°"

18S5.

1883.

1884.

ij

£

£

£

£

1.413,871'
290,130
0,831. 72.SJ 8,744.1"4
3S9,1»1), 1.031. 18,S

013.542

P.-WLSOi

SILVER.
Imports in August.
1>0 8 months
Kxportsin Autrust.
8

—
months —

S0n,'*53 l,0S6,81fl
8,088,478: 0,574,225

707,919
5,940,8.S9i 8,580,944
4.-<8,«62'

934,837
8,821.230
983.123
7.200,506

572
240|
4,982 S,084.3I8
4,14, 9H0
918,868
459,785
272,749

327,889

l,7i)9,30B

1,854.01.1

1885.

£
29,380
889,498
l.viiO

37,380
383,940
2,125,687

160
8,152

:

2
4
4
4

8H

4

27.

August.

1884.

1.7'<S,:fS7
Exports in August.
Do 8 months.... 4,089,259 7,961,014 3,063,599

Oo
.Sept. 10.

Battsof

In

Smooths

1883.

^""^ •^'""•^""'l^H.OJOfrom We.t

According to Kemp's Mercantile Gazette the nnmber of
failures in England and Wales during the week ended Sept. 5
was 71. or 20 more than last year, making the net increase to
date 469.

The number

than

last year, the

of bills of sale published was 319, or 9
net increase being 533. The number
published in Ireland was 15, or the same as last year, there
being a net increase to date of 14.
The delay in the prosecution of harvest work through the
less settled weather and the loss consequent on the depreciation of quality have been more than counterbalanced by the
benefit which the roots and pa-^tures have derived from the
rains.
can, however, now do without further moisture
less

We

been completely gathered in. There is a
good deal of corn ttill standing in the fields, which moist,
warm weather will speedily cause to sprout, ani fo deteriorate!
until the harvest has

A

stsadier tone

is

now

characterizing

the grain (radei

THE CHRONICLE.

BlFTlClIBKR 20, 1885.1

Firmer advices are reported from abroad, ami although values
here have not improved, a hnrdeninc tendency ia certainly
developing. Wheat is better held. There is not that rush to
sell which was expected. There is a dispoeition in fact to hold
out for better prices. Competent authorities whose estimates
are mostly correct atlirm that the growth of wheat throughout the greater part of the world will fail to meet the reipiirc-mentti by about 9,000,000 (juarters of wheat and its e<iuivaleiit
in flour. Supplies held here in the principal ports of the United
Kingdom are not nearly so heavy as was calculated upon, and it
is believed are only about half a million quarters more than they
were at this time last year. Clearly, therefore, we shall have
to import freely. Whatever we reijuire we shall of course
obtain, but what we shall have to pay for it is another matter.
The imperial average price of home-grown wheat for the week
ended September 5 waa 33s. 4d., or Is. lid. per quarter less
than for the corresponding period last season. But this difference ought gr.idually to disappear, and it will bo a matter for
surprise if before long prices do not show an advance over
last season.
In 1884 the prospects of supply gave promise
that quotations would steadily recede, and the result proved

349

tn,000,3l4 last week and 8.4:H,397 two weeko prevlou*. The
following are the Imports at New York for the week endinc
(fordry gfMMls) Sept. 17 and for the wtwk ending (for ffeneral
merchandise) Sept. 18 alao totala since the beginning of the
first week in January:
;

vouiaii iMPoan at
For Wtk.

«aw Toax.

1882.

1883.

•2.931,138
7,268,968

92.971.445
U,997,&6e

• 10,203,30a

99,972,011

97,100,183

9fl,929,m

Dry Ooodfl
$102,.508.495
94,00^,827
Uen'l merMUe.. 269,968,0t<2 f 43,480,758

«90,2n5.8.59

•78,004,951
204,779,214

Dry aoodii
Oen'l

iiier'dliie.

Total
Since Jan.

1684.

1885.

•2,?01,209
4,539,091

•2,3fl9,9<ie

4,700,209

1.

229.197,432

Total 38 wnokH. J372.476,547 $338,380,335 319,493,281 •280,784.185

In our report of the dry goods trade will be found the imports of dry goo<ls for one week later.
The following is a statement of the exports (excluaiTe ot
specie) from the port of New York to foreign ports for the
week ending Sept. 23, 188,5, and from January 1 to date:
XPOB-nt FBOM KBW TOBIC FOB THB WBBK
1882.

For the week
Pre V. reported..
.

.

*8.283.264
239,672,527

1883.

1884.

1885.

•7,442,624
254,253,5oO

•7.088,417
227,709,403

$6,749,362
234,065.265

the correctness of anticipations. Now the reverse is the case.
Last year there waa no indication of deficiency but rather of
superabundance. The 1885-86 season, however, promises shorter
supplies.
At the same time growers would do well not to
entertain too sanguine views as to the probable advance, as
any material rise may cause some supplies to be unearthed,
the existence of which was not suspected.
The following return shows the extent of the imports of
cereal produce into the United Kingdom during the first
week of the season.

Total 38 weeks. »247.955.T91'$201. 696,204 •231,777.820 $240.91 l.fllt-

ntPOBTR.
1885.
1884.
18S3.
1882.
Wheat
owt. l,37tl,833
1,807,364
1,670,770
2,152.754
Barley
lOO.-iiJ
209,897
7-'. 1.^5
8,439
Oats
206.013
226,824
315,412
407,858
Peas
22,.'i39
61,737
13,380
7,132
Beaua
136,v)79
133.421
100,953
55.046
Indian oom
613,135
572,l!tJ
690,833
344,906
Flour
176,419
348,205
211,997
260,763
Supplies available for consumption (exclusive of stocks on

Oennany

September

1885.

1884.
1,807,364
348,205
897,531

Total

2,101,718

The extent of the

1883.
1,670,770
241.997
520,250

3,053,100

XPOBTS AMD IMPOSTS OF

18S2.

2,433,017

3,007,667

home-grown wheat, barley and
oats in the leading markets of England and Wales during
the first week of the season, together with the average
prices reiilized, compared with the previous season, are shown

Wetk.

Sreat Britain
France

1885.
Salet.

18B4.

«.

Wheat, qrg.

32
2.413 30
6,170 20

39.70'!

Barley
Oats

««'«*•

Prfel
d.

*.

O

a.

3
3

Converting quarters of wheat into cwts., the totals for the
whole kingdom are estimated as follows:

Wheat

owt.

1885.
548,4-i6

Alpreaent.
1,412.000

qrs.

Floar,equaltoqra

MaUe

qrs.

IIS.OOO
214,000

Last week.
1,568,000
131.000
260,000

1884.

897,531

Last year.
1,010,000

1883.
1,696.000
146.ooo
230,0J0

17-.i.000

237,000

EoKlUh Fiuanclal ITIarlEets— Per Cable.
daily closing quotations for securities, &c., at London
are reported bv cable as follows for the week ending Sept. 25:
The

I

Jionttont
Silver, per oz

Console tormouey..
OoQAOle for accuunt.
Fr*oh reiitBs (In Paris)
D. S. XH'ot 1191
U. 8. 4^ of 1907

Sal.

d.

fr

Canadntn Panitlo
Chlo. Mil. A9t. Panl...
Erie, ooinmnn stock...
tUlnols Central
Pannaylvaiiia

Philadelphia* Readlni

New York Oprtral

Man.
100
lOO
80-65

115^
12.551

47
83
lOSg

135^
5

-'38

9%
101 Bg

Tues.

Wed.

«75,g 476,,
99l(,« SHlliB
9Uii,» 9911,8

Thurs.

Fri.

471a
t95i

47I3

99%

99i.-<H

99i:i„

8035
115^

80t;5
I1514

80-90

12538

l2Ma

47
82

4fi'9

4658

I6I4
135ii

16»8

1(158

1-25^
4(!\
8158
16i«

135%

1351,1

52 M

5.'>4

13512
52^8

9>ii

naj

9I4

lOlis

10138

3035
11538
1251s

9»8

10l>e

82Sg

102

82%

•2.482
1.509.684

•

10.591
64,461
5,530,459

Wo8t Indies

29i',337

3 444.072

4,235

909,908
31,468
577,571
69,467

•361.785

•6,544.632
10,632,016
7,826,051

vierioo
22.V.9V2

276,928

.

T»tal 1885
Total 1884
Total 1883

$1,029
7,330
2 ,500
1

S6,403,14B
37,911,344
380.668

20,9 (8

676,717

Silver.

$187,800 .tl0,875,395
14,730
507,4 90
800
137.0iJ8
232,005

.......

West Indies
Jfeidoo

»

$27,829
19,569

li'sVi
15,838
24,972

425,462
306 497
643,657
7,458

$52,351

$1,430,472
2.818.898
3.910,251

...........

South America
All other countries. .

835
679,779
16',

:..:::

Total 1885
Total 1884
Total 1883

$203,330 •12.442,532
272,525 10,233.581
540,324 11.002.030

25.85-i

359.249

Of the above imports for the week in 1885, $40,693 were
A.merican gold coin and |16,344 American silver coin. Of the
exports during the same time, $25,000 were American silver
United States Sab-Treasury,—The following table show
the receipts *nd payments at the Sub-Treasury in this city, a '
well as the balances in the same, for each day of the past week
Balnneea.

DaU.

i;m»

Pavmente.

Reeeipl9,

Currency.

Coin.

•
60!l53,065.3S9 69 21.71<),748 56

$

Sept. 19.
21.
22.

23.
24.

The following shows the quantities of wheat, flour and Indian
corn afloat to the United Kingdom:
Wheat

$296,735
1,029

SineeJan.1.

Week.

coin.

Av'ge
Price

62,573 34
9.589 32
8,-'09 20

4
7

TORK.
Importt.

SinetJan.l.

•

aoath America
All other oouutrleB.

sales of

in the following statement:

WBW

Bold.

2,l.'i0.754

260.763
596,150

SPSOia AT

Expcrti.

areat Britain
Prance

1):

Imports of wheat. OTrt. 1,376.833
Imports or aour
176,419
Bales of home-grown..
548.466

The following table shows the exports and imports of specie
at the port of New York for the week en'ling Sept. 19, and
since January 1, 1885, and for the corresponding 1o periods in
*~
IS84 and 1883:

25
Total.

1,103,855 39
1.331.4(3 15
l,(i2.<,021 04
637.753 27
1,011,1-J8 49
895,102 79

898,528
1.144.506
1,061,905
1,124.755
1,174,816
904,981

6.593,294 13

6,312,692 91

— Messrs.

12 153. SI 9.5 48

(

04
oa

2I,8."^;.517

01 153,837.513 32 2I.(;92.«68
27 15:4.4lo,7«6 5(1 21.632.212
20 153.1,39.45.! 79 21.439.838
77 133,405,167 91 21.134,244

84
84

77

& Co.

of China, London, anl New York,
have been appointed the commercial agents in Europe and
America of their Excellencies Li Hungchang, Viceroy of
Chili, Tso Tsung-tang. Imperial High Commissioner, entrusted
with the defence of Fokien and its dependencies, and of Yang,
Viceroy of Fokien and Chekiang.
The Ontario Silver Mining Company has declared its one
hundred and eleventh dividend of $75,000, for August, payable at the Q\n Francisco office, or at the transfer agency
of Messrs. Lounsbery & Co., Mills Building, New York.
The coupons due Oct. 1 on the second mortgage bonds of
the St. Paul Minneapolis & Manitoba Railway will be paid at
the office, 63 William Street.
Anction Sales.— The following were sold at auction lately
by Messrs Adrian H. MuUer & Son:
s
Russell

—

—

,

5-J%

Bontla.

Shtirfs.

t\

.Maiiuf'i? C0...125
$20,000 Texas A St. L. R.r. In
10 N. Y. Munml Oa8lUhtCo.l33i4
Tex. sen. Ist 6.^ 40-,vear
''»
10 IVx.ASi. I^.Bv.Co.ln Tex.
oldbMs. d-ie- 19•^l. UcC.
KOU
10930
1-^83. »M)upiina on
60 4-^d St. ,t Grand 8t. Ferrv
Rtilroad Co.
26e»2e8 $10 OOJ Ti-x Sc St. R"y lo Fcx.

50 Olen Onvo
I

©ommevctal and ^IsccUaucorus Hews

20 t'olomma Firo

Iii.-<.Cii.$8

forlot

linn. 1st .M. Itudicr.

A Inc.

b-.l., dii.>.liiue 1. 1931...
S"*
lOCoi-D Exrliaiifi^e Bank
16613
Imports and Exports fob the Week.— The imports of laai
50 -.fd Ave. RR.
I'l»ita200l9 $1,000 lii-oa.lwav A 7ch Ave.
week, compared with those of the preceding week, show a
tllroiid 5'. dii-1 19 (4. 109 A inti
13 Ami-ri'-Hi) I,onn A Tr. t'o.llOli
R
decrease in both dry goods and general merchandise. The
12 Iaiuk iKhind Fin- [iin. Co. 10
$27,1100 Carr A Hohsun Co.,
total imports were »6.H->!».;!«6, against |;8.985,085 the pr.'- 100 JooulslltaMiuV Co. $21 fjrlot.
limifd.ds.diie 190.'. Coapoiia detached to Jan.,
ceding week and $8,274,790 two weeks previous. The exports
$5,000
1.886
$2,000 for loti
3d
.Ave. RR. 78 ng.
for the week ended Sept. 23 amounted to $6,749,353, agaimt
bond, due 1890
lll>i<Si int.

THE CHRONICLE.

350

She

New

Orleans, commercial, 175@200 discount; banic, par; St.
Louis, par; Chicago, 25 discount.
The rates of leading bankers are as follows :

Sanfeers' m^ztttz.
DIVIDBNDS.

September 25.

Demand.

Days.

8i3:ty

Tie foUowIn? dlvldeads have reoently heen annoanoed

Name of Oompany.

When

Boolcs Closed.

Payable.

(Days inclufive.)
Sept. 30 to Oct. 28
1 to Oct. 20
Oct.

Chicago R. I. & Pacific (auar.)...
Delaware Lack. & West, (qiiar.).

SEPT. 23, 1S83-3 P. M.
The Money Market and Financial Sitnation.—The past
of comparatively little

animation in AVall

and the main topic of discussion has been the meeting
of the trunk line presidents on Tuesday. There can be little
doubt that the rates over these lines will finally be advanced,
notwithstanding the many disappointments that stockholders
h*ve met with on this subject in the past year.
In some respects the trunk line situation between Chicago
and New York appears to be the strongest, inherently, of any
in the country. The business between the East and West is
Street,

always on the increase, except so far as this progress may be
checked by an isolated year of bad crops or mercantile depresThen, there are only four roads west from BuSalo, of
sion.

which three are under Vanderbilt
Grand Trunk, is presumably in need

control,

and the fourth.

of all the earnings

can

it

make, so that its managers are not likely to take the lead in
cutting rates.
Heuce it is evident, that after navigation closes
on the canal and lakes, the railroad situation, when the several
trunk lines are actually in harmony, becomes very strong. The
fact has been too palpable during the twelve months just past,
that the trunk line managers were not in harmony, and on the
part of some of thent there was no desire to have rates restored.
While the oiitlooii for railroad basincss in 1886 seems to be
good, the railroads are hampered for the lime being by several
difficulties which have been carried forward from the recent
bad times, chief among these being the low rates for frcijjht
and passenger.s, and the unavoidable circumstance that where
contracts have been made with shippers the low rates cannot
be changed till the contracts have expired.
At the West the railroads are also met with the trouble that
wheat and corn are ruling at such low iigures that farmers will
not ship freely nnd as to wheat, it has been conspicuous for
fiome time ])a.st that the glut in dealers" hands, reported mainly
in the " visible supply," has been so large as to keep the price
down, and prevent the farmers from getting what benefit they
ought to have from the small crop of 1885.
Rates for call loans durina the week on stock and bond collaterals have ranged at 1@3 '])er cent and to-day at 1@3 per
cent.
Prime commercial paper is quoted at 3@4J per cent.
The Bank of Eagland weekly statement on Thursday showed
'a loss in specie of £489,315, and the percentage of reserve to
liabilities
was 41 11-16, against 42 J last week; the discount
rate remains at 2 per cent. The Bank of Prance gained 3,865,000
francs in gold and 2,143,000 francs iu silver.
The New York Clearing House banks, in their statement of
Sept. 19, showed a decrease in surplus reserve of |2,622,975,
the total surplus being $47,177,925, against 149,800,900 the
previous week.
The following table shows the changes from the previous
week and a comparison with the two preceding years in the
averages of the New York Clearing House banks.
;

188.^.
Sept. 19.

l/)aii8

aud (lis.

Ije^

reserve

Dtffer'ncesfr'n
Previous Week.]

1884.
Sept. 20.

1883,
Sept.

22

3!328.2t)7.500 [nc.$l,5Bl,000 ?291,2.=i7,4O0 $331,701,900
Bpecle
110,•2o:^.900 Deo. l,73i>,«00
74.534,800
55,3Gii,:io0
CSrculatioQ ..
9.7:i8,t00 Do
17,'SOo
14,13.=).500
15,40-i,30.
Net deposits.. 3^8,131,500 Deo. 1.292,500 303,734,400 318,013,400
JjOgal tenders.
33,H5J,90U Deo. 1,215,5'JO
30,043,500
26,05ii,400

$97,032,875 Deo. «323,125
144,210,800 Dec. 2,94G,10l>

»76,433,f,00

]E(eeeTve held.

104,578,300

81,410,700

Borplua

$17,177,925 Deo.$2,622,975

$28,144,703

$1,907,350

Exchange.—The

$79,.'i03.35

quiet tone heretofore noticed in the sterling

exchange market was hardly continued this week, as there was
more animation, and rates were very firm, principally owing
to the scarcity of bills, both commercial and those drawn
against the shipment of securities.
Posted rates were twice
advanced— i ceiit each time— and on Friday again reduced
i
cent, being

Frankfort or Bremen (relohmarksl

Coins.

NEW YOKK, FRIDAY,

week has been one

4 84
Prime bankers'sterllng bUlson London...!
1 82i3f4 82%
Prime oommerolal
1 82
34 82^4
Dooumentaryooinineroial
15 22isa5 21
ParlB(francs)

Me

Railroads.

XU.

[Vol

now quoted

at 4 84@4 86.
rates on actual business were as follows, viz:
Bankers' 60 days' sterling, 4
J.
83i@4 83 j; demand, 4

To-day the

85i@4 85
Cables, 4 85J@4 85J. Commercial bills were 4
81i@4 83. Continental bills were
Francs, 5 21| and 5 20; reichmarks, 94f

I

94"if

4 86
•>

205895 20
403,<,340'4

95ai83953g

-i^

—The following are quotations in gold for various coins

$4 83
Napoleons
3 80
X X Reichmarks. 4 73

Sovereigns

— 99%'i> par.
— 93 « — 95
— 9.3 9 — 84
Do uncominero'l. — 81 ^ — 83
Peruviansoles.... — 74 » — 74'<

»$4 87

«
a
9

Silver

^s and

'as.

Five trance

3 91

Mexican

4 78

dollars..

X Guilders
4k 00
3 96
Spau'liDoubloons.l5 55 ®15 70
4 78 ® 4 84
Me t. Doubloons ..15 55 ®15 65 English silver
parai* preni U. &. trade dollars
84 3 — 86
Pine ;?old bars.
99%® par.
Flu ' silver bars
1 0319 a 1 O414 U. 8. silverdollarB
Dimes <& la dimes, - 99 >£« par

—

|

—

United States Bonds. Government bonds have been dull
the week, and prices sagged a little until to-day, when
they rose again on a slightly increased business.
The closing prices at the N. Y. Board have been as follows

all

Interest Sept.
Periodt.
i9.

48,1907
48,1907

.

..veg.'i .-Jan.
coup. ( .-Jan,

38, option U.S. ...reg. ( .-Feb.
J.
63, our'oy, '95. ...reg.J.
J.
63, oar'cy, '96. ...reg. J.
J.
6s,car'cy, '97. ...reg. J.
J.
68,onr'oy, '98. ...reg. J,
J.
6a, our'oy, '99. .reg. J.

&
A
&
&
&

This

l8

Sept.

21.

22.

Sept.
23,

Sept.

•A

'it

..reg.'q.-Mar. •II2J4 11214 •1121st 112is'*112i8 •II214
.oonp.iQ.-Mar. •11238 "11236 •112l4*112'4!'112l4 1121s

4148,1891
4>«s,1891

*

Sept.

12214*1221* 122M

122i8'l22i9

12318 '1231* 'I2318 12316 n23i«
'10312 -10315*103% '10338
'128 •127ii;*127i2'127i«
*130 •1291a •129 4|i*l;!9iii
132 *131ia:*131i«i^l31is
'134 •IBS'* '13313 *133is
136 •ISoiu •135^ •1351s

•103 1«
•1£8
•130
•132
•134
•136

the price bid at the morning board

:

122 14

•123I4
103»8
•12778
•129^8

•131%
•133%
•135%

no sale was made.

—

have
sold
State and Railroad Bonds. State bonds
moderately, the total transactions being as follows
$2,000
Missouri Os, Han. & St. Jos. issue, at 103^; .f 6,000 Georgia 7s
gold at 114; $80,500 Virginia 6s deferred at 9^-10^; $3,000
Arkansas 7s, Central llailroad issue, at 6; $3,000 do., L. R. P,
B. & N. O. issue, at 15
$10,000 South Carolina 6s, nonfundable, at 3 J—4; $11,000 Tennessee compromise bonds at
$10,000 Alabama, class A, at 94.
o6i
On another page will be found a list of railroad bonds carrying overdue coupons, and the percentage of overdue and unpaid
interest on each bond.
Railroad bonds continue to be quite actively dealt in, and
the general list has been steady to strong as a rule, thoush
some of the leading clas.ses have been irregular, notably Erie
seconds, which have been most active, and close at 07|, against
66| last Friday. New York Chicago & St. Louis firsts have
also been conspicuous, and after advancing sharply on Tuesday
to 81, reacted and close to-day at 78-i-, against 78J last week.
West Shore os close at 44, against 43}; do, trust receipts at
44}, against 44^; Richmond & Danville 6s at 107^, against
106; do. debentures, after advancing to 83^ on Saturday last,
clo.sc at 79|, against TS|; Canada Southern Ists at 101 J, against
100; do. 2ds at 77J, against 70 J; Virginia Midland incomes
at GO, against 58; Texas & Pacific Rios, coupon off, at 61},
against 64| Houston & Texas Central main line, coupon off,
:

;

;

;

at 99, against 97i.

Railroad and Miscellaneous Stocks.— The stock market
all the week, there being no
movement of any importance in prices, and the changes for the
The general course of the market has
week being slight.
been irregular, with only moderate fluctuations from day to
day, and prices have been influenced as much by the operations
of speculators and the supposed ]>osition of certain leading
operators, as by outside condiiions bearing upon stock values.
The opening on Saturday Sept, 19 was somewhat strong, in
which the coal shares were conspicuous, under an impression
that there was some improvement in coal business, and trunkline stocks also improved on the prospect of an advance in
This advance was lost on Monday, however,
freight rates.
when free selling and bear pressure caused a general decline,
since which time the market has followed an irregular course.
The trunk line presidents met on Tuesday and adopted a resolution to advance freight rates, and they are to meet again on Thursday Oct, 1 to act on plans submitted by the general freight agents.
This has strengthened the Vanderbilt stocks and Erie stock
and bonds, but as to these and other stocks it has been observed
lately that each advance of 1@2 per cent or more has been followed by free selling, which carried prices down. Lackawanna
has been a leader in activity, and since the advance early in the
week it has been generally tending downward, followed by the
other coal shares; but to-day, Friday, Lackawannna closed
strong at 103@103J, after it was known the quarterly dividend
had been reduced to 1} per cent. St. Paul fluctuated considhas been dull and uninteresting

erably on rumors as to the dividend, although 3Ir. Armour said
it would be 3 J per cent. The Gould stocks, too, have been weaker
The following were the rates of domestic exchange on New than the general
list, especially Western Union, about which
York at the under-mentioned cities to-day: Savannah, buvine there are rumors of an impending war in rates. Rumor also
[discount,
selling par@i premium; Charleston, buying
i
has it that Mr. Gould has favored the bear side in regard to his
t discount, selling par® J premium; Boston, par@5 discount; own stocks, and this has led to some free selling.
:

^a95|;

guilders,

40@40i and 40J@40f.

^@

Beptrhbeb

THE CHRONICLE.

20, 1885.

NEWT YORK STOCK

851

SEPTEMBER

EXCHANGE PRICES FOR WEEK ENDING
HIQHKST AMD LOWEHT PRIORS.

BTOCKB.

Batnrdar.

Mondar,

Tueaday,

Hopl. 10.

Sopt. Kl.

iiupt.yvl.

Hopt.

87

97
07
45 <a 49>4
37 •» S7Ki

45>a 49

KAII.KOAUS,
Albauy & susqiu'lmniiB
BoBtim.t NY. Air Uiio.prei
Cana.lLui

1-a. 111.

Now

..,..••

•13

latprol
art

A

prof

Alton

ItiirlliiKtoii >t Qiilnoy.
Mllwaukuo Jt St. Haul
prof.
10
it North weatorn

OUtuiKo
V'lilowo
1

Cljlcago

13:i

1»;<

120 V,
70 "a

1L>0«4

07»9

0,1 '»

pref.

127

Inillauap.
Olovclniirt rol.Oln.
Cli'vphuiil .^ I'lttsburg.guar...
(ii.-.Mivlllo.prof...
West.
Doliivv.iic l.u U.tuiiium
DeilVfl- A ltn> l.r;tlnl©

40
102

r>o

80 4

lU lU

A

.'.

A

Sabtiuue .t Sioux City
£ast'leinte»80e Va. A Oa

Do

prof.

la",

leased line 4 p. ct.
Indiana Hloomiiigt'u A West'u
Lake Krie A Western
LakoSlioi'o
liODg Island
loolsvllln .t Nashville
liOnlHvllli. Nfiw Albany A Chlo.

Manhat'

""'..cousol..

'

'

12=\,

87
7Hi
li'*

37

Ueiupl

Ulohlgan Central
Mil. L. siiDi e A We«l'm,

A St.

IClnneapolis

pref.

Louis
prof.

IJo

Missouri Kansas A Texas
Missouri I'acilic
Mobile it Ohio

10 "a

SVi

7's

13 >a

101', 102", 101

10

New York rentral
New York Chic. & St. Louis
Do
pref.
Kew York Lack. A Western
New Y'ork Lake Erie A West'n
pref.
Do
New York A New England ...
New Y'ork Xow ilareu A Hart.
Kew York Ontario A Western.
New York Susq. A Western ...
pref.
Do
Norfolk A Western
.

12

12»(

10
65

00

66

37 Hi

J"»
13

.

33 Hi
13a
132

66

•26

»\

13^

14
8

•8

70 « 71'V
75
76

35

40^

4t)

too", 100

Hi

11% 11%

14
8

•7 "4

8%

130'
laoVj
801,
78

129%

113 113%
97 't
97
98 %
127 Hi 137% 127%
120 120
120
11
11% 11%
•22
25
29
83
82% 83
92
92%
45% 16
46%

71%

74 Hi 75
45 <4 46 >4

45%

45»4

30

33 Hi

100

100%

6%

31

31

66

66 >8
39

90

•7

71%

8
73',

45% 43%

•30

•31
'100

31

37

37

37

*37

38

66%

60% 67

61

66

1

•35

37

•61
•30
18'4

67
39

•37

19
41
25 'h

18% 19
'25% "26

40

25%

O.T

13Hl
127

IB

31

100% 100%

•38

39

•18%

97', 98',

97%

45 Hi
99

6
11 Hi

llHi

6
12

12

16

>s

18%

15% 16%

21H)

22ii

21',

Hi

39
40%
31% 25%'
92% 92%! •92
93
13% 13 %l "13% li

23

92

93Hi

6

•128

97% 98%
6
6%
12

98',

6%

192

192 Hi

14

14%

"a

47',

l".

21

1"_
2II4

Ohlo.soutliern

lOHi

13

11%

Oregon Sliurt Line
Oregon A Tran.s-Contlnental.

21% 21%

Peoria Decatur

Hi

li'4

15
8I4

21% 21%

A

:

A

Bensselaer .t Saratoga
Bich. .-V .vi:f<...stock trust

ctfs.

KlchniniM'. V IJanville
Elclim'c! .^ '.'.eat Put Terminal

Bocheatcr .v I'ittsbiii-g.
Borne Watortown A Ogdensb'g
St. Louis Alton A Terre Uaute

Do

a,

12

pref.. .
1st pref.

I>o

Do
Bt.PanlA
Do

18% 19%

3% 4
73% 76 Hi
31% 32
4

4

32

34

19

19

21% 21%
14% 15%
18

18',

12't

92
16

•32% 33%

83%

•8?

A Manitoba.
19% 19 Hi
60% 60%

Virginia Midland
Wabash .'^t. Louis

A

Do

Pacific. ...
pref.

MISCEI.LANEOr.S.

Anierl.'an District telegraph..
American Tel. A Cable Co

A

Morchant^'Tel

ColoDi^ln (Ntal

Consolidated

A

iron

(la-S

Co

BelawareA Hudson Canal
Oregon Improvement Co
Oregon Railway A Nav. Co
Paoilic Mall

PuUninn Palace Car Co
Quicksilver Mining Co
Do
prof
Weatorn Union Telegraph
EXPH.K!«!«.

Adams

American
United states

'.

FarcoA Co
.-tTOCKS.

INACTIVE

7% 8%
14% 11%
63

Hi

•1

33%
1%

17% 17%

A

16%

12

23%'
32
47%'

1%
22
12

6

5's

14 %{ •13%
8

33%
21%
47%
1%
21%

45%
98%

98
6

12%

«%
12

•92% 91

Hi

16% 18%
21% 21
-i,

192

192'4

13

5%

5%

8

8

14
8

12% 13

23%
21%
17%
1%
21%

23%
21%
48%

23% 23%
21% 21 Hi
47% 17%
1\
21% 21',

12

12%!

21
15
18

21%

21

13

14% 15%

i%!

21%

20% 21%
"is" is'

18%

18

21%
18

21% 35%

^

62

Aiig.13

40% Ang.28
8 A,ig.l7
11% Ang.l7
9%Aug,17
13g%June H

128

45%
97% 98%
6

6

•11% 12 Hi
•92% 91

18% 16%
36% 36%
21% 22 %l
12% 13%

5%

•13

11% Jan. 22 20 Allg.l7
89 % Mar. 21 98% July 18
610
-6
Jnne 6 13%.Sept 19,1
237 11434. Jan.
_.
2 127% Sept 22
400 33
Jan.
7 17% Aug.l.l
66.119 81% Juno 1 lOl'sAug.17
61,130
1.300

5',

14

-

I

2,150
2,675

27;556

100
1,500

105
1,643
7,703
3,710

90O
•23

21

21% 21%
47%
1% 1%
21% 21%
47

1,200
3,650
18,613
8,707
3,300
3,110

15

31
4

33%
4

4

33%

-71

32

3%

33% 33%

75

32%

•3%

4

•32

34

•18
•32
•82

19% •17%
3 4 Hi

83

19

19%

50% 50^

7%

32
82

18
•32

18
33

lo

17% 17%

•17% 18%
31

23',

83

81

81

83

99% 101% 100% 102 100% 100%
IS-a 13%
18% 19% 18% 19% 18% 18
60
60% 50% 60', 49% 60 "i

7%

7%

12% 12% •12% 16
63

17% 17%
93% 93%
86
86%

31

83

23%

7'i

30

•3%

"7%
•IS-,

31

•31

80

90
18
33
83

S3

83

18

17%

93% 93%
84% 85%

63% 63%

•12%

17% 17%
91

94

63% 63%
•17

17

•63
-1

79%Jan.

63%
1%

190
231
709

91% 91%
83% 84%

1,096
6.915

'4

145

•93

99
65
117

65
113

65

60
10

65

140
99
65
•114

•140

99
66
117

9ri%
•S4

60
10

145

143

99%

113

66
118

10

10

143

99% 99%
•61
•115

66
118

140

145

99% 99%
61% 65

116

8

118

7

9 '4
41
15
2

51

7

81

6%JIay
10
61

250
100

Missouri River...

Warren

118

7j

17% Aug.17

Mar. 28! 25

Jan. 271 65
June29: 4
8 Jan. 3 18%
80 Mar. 21 99%
66% Jan. 22 87%
21 Jan. 3 31
69% Jan. 29 82%
46% Sept 181 62%
107 % Jan. 2| 129 %

17%

17',

19% 19%

17% 17%

8%

Central i;oal

Oatarto silver Mining

8%
36% 26%'

.1

Those are the prices bid and asked no sale wa« made at th« Board.
;

t

Lower price Is ex^liTltlend.

60
110

100
100

June 6
Aug.lO
Jan.

8

Sept 15

May 28
Aug.17
Feb. 20
Aug.17,
Mar. 9
Aug.22i

3% July 11 6% Sopt21
2a%Soptl9 30 Jan. 30
63% Jan. 2 72% Aug.lO
2 145
3,

Sept

3

99%.Sept 23

65
2 118
2I

Apr. 7|
Aug.36l

86% July 33 78 Jan. 8
_
An«.19
67 Feb. 4 70
"
Feb. 18 13% Mar. 12
.

29
Jan. 29 152

Ang.23

3% Feb.

Ang.SO

Mar. 19

20% Sept 2

35

22% Mar. 4
Jan. 22115
96 May 26 197
Jan. 19,118
Feb. 9 20

lU

Aug.a7
Mar. 17

Maria 116
Aug.U 185%193%

Apr. 23 121
18
Fob. 27
19
8
10 Jan. SOI 17% Sept 19
7
7% Apr. 6 9% Sept 16
4%MaTS7 8% Sept 17 6
14
16
Sept 16
17
Feb. 7
16

Consol Idai ion Coal

76%

Mar.21 63Hi Julvl8
Jan. 10 22 Aug.20
Apr. 30' 9% Ang.ll

Aug.20
__„ ,

20

'« Aiist.17,

I's Allf,'.ll

23%Auit.'20
12%.sept2.i
21
Apr. 27i
22%AU!;.20i

2 108% Aug. 1|
Jnnelo; 12% Sept 23,
Apr. 8 19%Septl7|

10 130 Jan.
216 87% Jan.
233 48 Jan.
80 104% Jan.

800
20

Sept 19
Sent 19

'4

25% Feb. 26;
21% Au?.17

1

81
47
128

140

15
1

7%June24

2,180

27,915
60,607

[

6%sept3l

2|

7% June 9 15%Feb. 27i
13 May 29! 21'e Au^.l7
119% Feb. 17 no .Sept 16
275 136% Jan. 29 113% Mav 21
630
May 32 4%.\nf,-.l.-l
1
2.625 44 'a Jan. 19 70% Sept HI
7,9S0 18% May 29 32% Aug.'JO
1,123
2% Mar. 11 0'.j Aug.17
16 Juno23 19 Feb. 20
iisYo 15 May 1 .31
Sept 19
73 Ang.15 78 Aug. 15
205 17% May 81 21 Feb. 25
500 30 Apr. 30 39% Jan. 81
133 79 May 12 87% Jan. 10
200 18 July 31 23 % AUK.22
213 77% Feb. 7 87 Aug.ll

600

Hi

91% 91%
83% 84%

l%June

4', Jan. 27
Sept 3
8
14 July 3
15 Jan. 17
30% Jan. 29
% Juno 3
10%JIay 1

10% Apr.

8
14

7%Aug.ls

6!

Mar.251 12% Sept 22,
84%Jan. 2 91 Ang.l8
9% Mar 29, 18% Ang.l7
18 June29 39 Aug.l7l
12 Jan. 17' 2^% Aug.20
175 Jan. 2,193 Sept 4.
6% Apr. 14| 17 Aug.20

26.714
2,000
5,520

100

18% 18%
49% 50%

20

63% 63%
17

73%
•32

•81% 83% "81

82

4

21% 24%

7%

13%
63

19
33

74% 71%
31
31%

l%May

4

ll'sMar.21

20%

York Rlevated

•

31

Apr. 7
Apr. 7
Apr. 22

~
2
1,785 115% Jan. 2 131
,Vn???'
160,688
64%Jnne h
2,036 102 Jan. 261,428 84% Jan. .
1,60.5 119% Jan.
2
1,289 105 Jan. 3 121% Aug.'2U
800
6% Mar. 31 12% Ang.24
600 14 Jalyll 29% An2.20
6,180 18% Apr. 21 88% \
1,410 66 June 8 96
2,600 23 Apr. 30 46%
134 Jan. 1 141 Mav »
300
14% Jan. 9 41 Ang.lS;
232,105 83% Jan. 22 109% Mar. 9
3,150
4% June36 l3%Aog.l7
385 66 Jan. 6 67 Ang.ll
9,706
2% Jan. 16 6% Aug.l7
8,320
4% Jnnell 10%sepl 6l
766 87% Jan. 10 66% Sept 24]

tinlteilco'sof N. J

New

ll%Au«.I5

23
Mar. 25
.Inly

28% Jan.
8
7

Low. Hlflk

I

13 Hi

112% 113%

142

Mulnes

Homestake Mining Co
Maryland C*>al CO

31

Bt«lMM.

Feb. 9'183% May 1
Mar. 29 97 Aug.ia
Ajir, 21 40%Aug.l»
May 7 40 Aug 20

663
439
4%
135 138 Jan.

83% 81%
100
23% 23%
80 14
80
813
81
81% 81
47% 48% 47% 48% 47% 48
47% 47% 40,036
47% 47% 48
128', 128', 129 129
1,580
128% 128% 128% 128% 128% 129 139
1,<I00
•5%
6
6
5% 6
6
6%
6% '5% 6% •5% 6%
•22
23% 22%
31
21
600
24
24
SO
21% 25%
08
t«»'« 70'(
68% 69% 68
67% 68% 67% 68% 07% 68% 108,955
85% 86%

CharKitie Columbia A Augusta
Chicago A Alton, pref
Coluiitbn* llockins Val. ATol

Louisiana

23
9

1889.

6%

*9J% 93%

•13
126

138

126
•12

13% 13% "13%

6%

20

Atchison Topeka A Santa Pe.
Burlington Ced. Kapids A No.
Central Iowa

Dt's

35%

1,

1881.

100 14 July 38' 23 Aug.lll
700
3 Jan. 6|
6% Aug. 4,
20 190 June30<203• Sept 23
33
32
260 14 Mar.26 32 Aug.22
131
132%
476 119%Jan. 17 131 Ang.ll
150 84 Jan. 16 90 July 111
11% 14%
935
7% Jnne 5 15% Aug.l7i
7% 7%
410
l%July 8, 17 Feb. 21
70% 72% 221.055 60% May 12! 75 Aug.l7
73
73
758 62 Jan. 2 77% May 3o;
14% 45% 29,415 32 Jan. lOi 49% Ang.l7
*30
33
1.200
11% Jan. 6i 33 Sept 9
100 101
2,161 65 Jan. 15:i00'a Sept 4
10% Sept 3( 18%Mayl9i
•38
38
100 27%Jan. 15k 44 Mar. 7
90 Jan. 2il25%June 2
61
64%
2;«48 46% May 7 68% Aug.18
•38
100 39 June 1 39% Ang.2i;,
18% 18%
1,450 10% Jan. 26 20% Aug.22
•37% 38%
600 21% May 29 43 14 Aug.22

5%

2

81% 81%
99% 100

pref

Texas A Piujiilo
Union Pacliic

it

91

21% 21%!

21%

13% 13%

71%
30%

Sontli Cfimlina

Bankers'

Hi

,'

142

Dnlutli

Paul Minncap.

j

6%'

pref

A San Francisco

88

isitbo
2,515
1.340

.1

Evausville

Philaiiellihia.t Heading
Pittsburg Kt. Wayne
Chic

LoutH

14

45%
99%

12% 12%1

16% 16
•21

21'«

128

45

"

18% 1S%
39% 39%
21% 2.5%

19% 19%

25%
92%
13
13%_ 13%
127% 127% 127% 127%
93
13

45

rt

65
39

0%

20

131%131%

71% 72%
74% 74%
45% 48%

8%

6%

6

8%

•7

70 H)

47

pref

l>o

79%

lU

20

11% 14%

8

70% 73

23',

OhloCeutral
Ohio A .Ui.H.sidsippi

....

10
10% 10%
66% •61% 68

90

6% 6%
11% 11%
8
8
23% 21
21% 22
47% 48%
1% 1%
21% 21

pref

•13

66

6%

203
•26
35
131Hll31Hl

132

14
6
13Hl
8
23 'e

Ym
Northern Pacific

7*4....

60

r«
9%

10%

5%

6

6><

8%

6
10
•53

<i

. .

Kew

30 \

1,072
3,105

37Hi 87>a
•10
16
41^1 4l>4
37
87

LOWMt.
134

76

49

102% 100% 101% 100% 102%
13% 12% 12% 12% 13%

60

6%

10%

5^

ft>a

12 "a
60

00

>4

203

127

A St. Louis
A HudHOu..

Keokuk

4a>a

87 Si
7^;
18 >•

K,

Ilance Slaoa Jaa.

(8barM)<

ea

41

lO.!!^
12>« 12',

z56

193",
13Hi

Morris.'-; I'.f^sex
Kashv.i'li:itt:inuof;a

Wells.

37 Si

12

4a\

lied.

Metroi'.

St.

49
87 Hi
16

>

Manliii:

St.

es
49

I

Vi

BO
O"*
10><

•31

Do

37 »4

45

>•

:
38 V
1«

Uil\

Si

Hupt. at.

13
13>a
•H'4.
8"»
V*
S-a
132Hil3a'«l
-.
12!)>al30
ia9«4"i29
120<aia9>a laovi
7a\( HOSi
79 >« 70', 79>a 8OV1
79<4
lllU 114>, 114 lit •U:i'all4
111
08 '4
97
0714
97 U
07 Hi 98 •
127 127 Vi 12«'a 127
127 H, 127^1 137 «
110^ 120
119»4 120
120
120 120
11 "-J 11',
US, im, •11 Hi 13
lIHl
•20
•23
•20
25
25
33 <4 33 \
32\ 33 >4 33 1, 33 'i 32^4
93 V, 83 >a •92 "a 93 "a 91 <a 91 >a
43'. 44
45

41
40
103'. 101

132

llliuoi» Ceutral

42
37

'J3.

rrtday,
Bept. 29.

1,

,

KvansvllleA Terro Hanto
Fort Worlli A Duiivi-r t'lty
Oro«ii Hny Wiuoua A ist..Paul

Haiiem
BouKtun A Texas Cantral

41%

W4

I27>.,'

Chlcano Uock Islftnd * Pacillc ll("a 120
12
Chicago St. Louis it flttaburs. "10
prof.
241a 23 >4
Uo
81
Oni.
Mlun.
A
33U
Paul
St.
Chicago
OS'S PS "a
prof.
Do
Co!iniil.;ii

41', 48^
87 S 38
7^^
7^
l»»a

7>,

1)0

Do

3»<4

<a

12

42 'g 48 >a
87 « l!8>t

jLlMOy

Ceutrul riu'.itiu
ChcsaiK'ake A Ohio
CIilCKKu

37

-10

A Miiinnsota

lal;^.

CiMliii

Coiilru! of

3ll3j

ih

I'uil..,!,, >,.ii;Im

of

(heWMk

WedneaiUy, Tbarsday,

AND SINCE JAN.

95,

ia3%
as
11

u

i«
M

THE CHRONICLK

862

SEPTEMSEa

QUOTATIONS OF STATE AND RAILRDAD BONUS,
STATE BONDS.
Alabama-WaBs

A, 1906.

OlMsB.Ss, 1U06
01»B8 C, 48, 1908

BECURITIKS.

Aak.

93 "q
104 "^

Lonlalana— 78, oon8.,1914 78
94
63
Stamp-d, 4s
102
Missouri— 6s, 1886
6»,dne 1889 or 1890.... 109
Aayl'm or Univ.. due'92 113
118
Funding, 1894-95
Hannibal A St. Jo. •86. 103
"is" New York-68, reg., 1887 103 "a
110
15
lis
68, loan, 1892
117
68, loan, 1893
ioi" N.Carolina—6s,old,J.&J. 30
10
Fnndlne act. 1900

91"!!

108
6
13
13
7», Memn.&L.RookRR
14
78,L. B.P.B.&N.O.RB
13
78, Miss. O. * R. R. RR.
7b, Arkansas Cent. RR.
102
Georela—68, 1886
103
7S.1886
113
78, gold, 1890

Arkansas— 6s, funded
7s. I. Kock <fe Ft. S.iss.

SECURITIES.

Ask.

Bid.

Bid.

SBCITRITIES.

[Vol. XLI.

"""

j"

New

20
414

C'mp'mlse,3-4-5-68,1912

40
40
80

non.fumlable, 1888. S
consol'n 6b, 1893 109^1
48=4
48^4

6s, new, 1868
68, consol. bonds
68, ex-matured coupon.
6s, consol., 2d series

48

51

50
lO-* "io'h

District of Columbia—
3-658, 1924

Brown

Tennessee—68, old,1892-8
8«. new. 1892-8-1900 ...

49ia
571a

4R»4
56=4

Do

W11.C.4RU.R.
90"
Consol 4h 1910
"88'~L
114 115
68, 1919
104
Ohio— 6s, 1886
South Carolina—
68, Act Mar. 23, 1869 i
3'4
4

A.k.

Bid.

Tennessee— Continued...„.
68, new series, 1914

N. Carolina— Continuedbonds, J.&J., '92-8
Special tax, all classes.

SECURITIES.

Ask.'

Bid.

1885,

25,

Funding

49 la

5s,

114

—.11

iio

1899

RAIIiROAD BONDS.
SECURITIES.

SECURITIES.

Del. L.

SECURITIES.

Ask.

Bid.

& W.—Contin'd—

2d, 7s, 1891

40
Mich.Cent.—Con8.78,1902 12814
108
Consol., 5a, 1902
Bs, 1909
100
Coupon, 58, 1931
100
Registered, 5s, 1931 ....
Jack.Lan.A Sag.— 63,'91 106 107
95
Milw.ife No.— 1st, Os, 1910

}l:^^i^^*
'120

Bonds, 7s, 1900
78 of 1871, 1901

Atock Excyuinge Prica.^
Xtoh.T.&S.Fe— 4 "as, 1920
Sinking Fund, 6s, 1911.
AU. Pac— 1st, 6», 1910.

....

Pitts.C.&St.L.— 2d, 7s

Pt.W.A C— l8t,7s 140!a
Pitts.Ft.W.AC—2d,7si 137

Pitts.

1'26J.[
1st, consol., guar., 78.. 126-^ 127
N.Y.I,ack.& W.-l8t,6s 121 la 123
70'a 71 »8
Constrnction, 5b, 1923 100 -a 101
&
Del.<fe Jiud. Caual-lst, 78 114
Baltimore A Ohio—
lat. 6s, 1884.1913
1st, oxt., 7s, 1891
l8t. 6s, Park. Br., 1919.
120
103=8
Mil.L.S.AW.— lat,Bs,192) 10713 .
104>4
Coupon, 7a, 1894
1925
gold,
6s,
Mich. Div.— Ist. 68, 1924 •lOOiai.
Registered, 78, 1894 .... 120 121
Ss, gold, reg
Minn.&St.l..— lst,78,1927 123
Ist, Pa. Div., cp.,78,1917 132^4
Bar.C. Rap. & No.— lBt,os 108
120
Iowa Ext.— 1st, 78, 1909
93
l8t. Pa. Div., reg., 1917.
Consol., 1st, 5s, 1934...
104
.... 112
2d, 78, 1891
Alb. .fe Susq.- Ist, 78. ...
Minn.iSt.L.— lst,7.s,gn.
n03i8l03ia
S'thw.Ext.- Ist, 7s,1910 113 113'!i
2d, 7s, 1885
la. City & West.— 1st, 78 aio
'132
105
1921.
Ext.—
1st,
Bs,
Pac.
N.—
l8t,
6s
con3.,guar.78,1906
l8t,
I.F.&
Rap.
C,
Sfa
Mo.K.&T.— Oon'1,08,1920 84
let, cons., gu. ,6s, 190B
let, 59, 1921
70'a 7II4
General, 6s, 19'20
Bens. &Sar.— 1st, cp.,78 140
Bnir.N. Y Jt P.—Cons., 68
110
1901-5.6
"a 111
Cons.,
78,
1st. reg., 7b, 1921
General, 6s, 1924
*}:}9,-jL,,
Cons., 2d, income, 1911
Denv.Jt Rio Gr.-lst, 1900 11413117
Can. 80.— l8t, int. guar. Ss 100 Mi 101
76is
76
76 Si 78
H. A Cent. .Mo.-l8t,'90 10713!
l8t, consol., 78, 1910....
2d, 58, 1913
Mobile A Oliio— New Bs.. 108
Den.So.Pk.&Pac— l8t,78. 70
Reg., 5s, 1913
100
92
65>a 5534
Collater'l trust, 68, 1,S92
94>a Den.it RioG.West.-lst.es
Central Iowa— 1st, 79,'99t
65
55
60
1st, Extension. 6a, 1927
Det.Mack.i6M.irq.— lst,63
East. Div.— 1st, 6s. 1912
103
52
Morgan's La.A T.— Ist, Bg
111. Div.— Ist, 68, 1912..
Land grant, 3ias, S. A.
1st, 7s, 1918
Chesapeake A Ohio—
E.T.Va.AG.— l8t,7s. 1900 115
59
Nasb.Chat. A St.L.— l8t,78 122 i22Pur. money fund. 1898.. llO^a
Ist, cons., 5s, 1930
102
51
lOl^i
61
56
2d, 6s, 1901
ExcouponsO to 12
68, gold, series A, 1908
683.
96
Divisional 03, 1930.
N. Y Central— Bs, 1887... 108'4'107
68, gold, series H, 1903
106 14
25
26
Dob. certa., ext'd 5s
EIiz.C.& N.— S.f .deb.,o.,6s
68, currency. 1918
8634
N.Y.C.A H.— Ist, cp., 7s 135»9
Mortgage fo, 1911
Ist, 6s, 1920
„,
9i
I3414'
l8t,reg., 1903
Ches.O.&S.W.- M. 5.6s. .•76" 77
Eliz.l.6x.& Big Sandy— 6s
10413'
Deb., Ss, 1904
Chicago & Alton—
Erie— 1st, extended, 7s... 125
"inh
Harlem- 1st, 7s, coup ..
2d, extended. 58,1919.. HO
Ist mort., 7s, 1893
13834 13734
106
Ist, 78, reg., 1900
Sinking fund, 6s, 1903. 122 14 123 >a
Sd, extended, 4ias, 1923. '105
1'23
N.Y.Elev'd— 1st, 7a, 1906 121'4
4th, extended, 5s, 1920. 112
La. & Mo. Hiv.— Ist, 78.
lOO-a llOia N.Y.P.&C— Pr. rn.6a,'95
2d, 78, 1900
5th 78, 1888
401a
N.Y.C.AN.— Gcn.,6a,1910 45
1st, cons., gold, 78, 1920. ...... !1'24
Bt. Tj. Jack. <fe Chic— Ist
46^ 4613
lst,gnar. (564), 7s, '94
l8t,C0lls., Id. coup., 7s .. 112 ia 115
Trust Co. receiids
N.Y. A N. Engl'd— l8t,7st "119 I20I4
2d, (360), 78, 1898 ....
Reorg., Ist lien, 08. 1908
111
2d, guar. (188), 78, '98
Long Dock b'nds, 7s. '93 119 120
1st, Bs, 1905
t
7738 78
Bufr.N.Y.&E.-l8t.l916 130
N.Y.C.ASt.L.-l8t,6s,1921
Miss. U.Br'ge- 1 8t,8.f .6s
N.Y.L.E.&W.-New2d63 ^eS
2d, 6s, 1923
Chic.Burl.& Quincy—
135
Coliat'ltrust, 6s, 1922
N.Y.W.Sh.A Buff.- Cp.,6B *43'6 44
CouBol. 7s, 1903
Bufr..tS.W.-M., 68,1908
Registered, 5a, 1931
68, sinking fund, 1901. .< 109 "a
'44=^
lOS^s 103>4 E V. A T. H .—1 St. cons., 68 109 1091a
Trust Co. receipts
68, debentures, 1913
la. Div.— S. fd., Bs, 1919
Mt.Vem'n-lst.Bs, 1923 99
N.Y. Snsq.A W.— lat.Bs.t
97=1
Sinkingfuud, 4s, 1919
Fl't&P.Marq.— M.6b,1920j*114
Debenture, (ia, ISUit...
9434
Denver Div.—4s, 1922.. 95
Gal.Har.&S.Ant.— l8t,B8 106 107
Midland of N. J— Ist, Bs 94
rlOb
Plain 4s, 1921
2d, 7s, 1905
N.Y.N. II. AH.-.lst.,rg.,4s 111^ 1121a
129
82
O.R.I & P.— Bs, cp., 1917
We8t.Div.— Ist, 6s
N.Pac— G.l. gr.,lBt, cp.,B 106 1063b
129
6s, reg., 1917
2d, 6a, 1931
Registered, 68, 1921... 104
71
75
Bit. & Col., 5s, 1934....
llO^B Gr'nBayW.&St.P.— l8t,6s
66
N.O.Pac— lst,6s,g.,1920t 64
99
Eeok. & Des M.— 1st, 58 109 >a
Gulf Col. &S.FO-78, 1909 lion's 112
Norf.AW.— Gen., fis, 1931 97
:l
81
96
Central of N.J.— 1st. '90t. 110 llllia
Gold 68, 1923
New River- lst.Bs.l932 lBt,con8.a8sent. 7s,1899t 10238103
Han.A St.J.— Con.Bs.lOll llo-'s llB-a OhioA Mlas.- Consol. a. fd 120 122
Conv,,a.-iseuted, 7s, 1902 lor
Houston A Texas Cent.Consolidated. 7a, l.'<98.. 120
99 100
Adju.stnieut, Tf, 1903... 108 4)
Ist, M.D., 78, 1891 t....
2d consolidated, 7a.l911 1..2
9313 95
63
9713
64
Couv. debeut, 68, 1908..
Ist, Western Div.. 7s t..
Iflt, Springtield Div., 7s
96 100
Leh.&W.B.— (Jon.g'd,a8. 96=1
76
Ist, Waco A No., 7st....
Ist, general, 5a. 1932...
Am.D'k&Imp.-58, 1921 83 14
2d, consol., main line, 8s •783,
Ohio Contral-lBt,68.1920
.

I

.

135
3d. 78. 1912
Clev.APitts.—Cons.8.fd.|*127
1

4th,

.

Pitts.
Pitts.

2d,

131=4

i'l-i

&

128

130
V26
123

l»t,78,I.&D. Kxt.,1908

let, 8. W. Div., tis, 1909. '115
l8t, 58, LaC.itDav.,191Si 102

l8t.8.Mlnn.i)iv.,68,191(l
D., 78, 1910..
l8t. H.
Chlc.ifc Pac. Div.Os, 191(

&

Waco A

No., 88,1915

Con.. 1st. exf., 6a, 1922.

Roch.APitt.— 1st, Bs, 1921
Consol.. 1st, 68.19221...

Rich.AAlleg.-l at.78,1920
Trust Co. receipts
Rich. A

,

1

St. L.

Ced.P.

113

122^12313
>H6

A

Minn.— l8t,

DVbentures,

il3i4

7s.

Ind.Bl. AW.- l8t, pref., 78

"77'

iBt, 5.Gs, 1909
2d, 5-63, 1909

Cairo

60
62 la
997,10014
76
Eastern Div., 68, 1921..
90
99
89
Indiauap.D.ASpr. — l8t,7s
•84
100
:
1st, 7s, ex fund, coups.
99"4 100
Int. A Gt.No.— l8t,68,gold 115
9434 95
Terminal 58, 1914
76%
Coupon, Bb, 1909
CMC. tt ..Nultuwest.—
Kent'ky Cent.— M.6s.l911
Oousol. bonds, 78, 1915
1371a 138
Stamped, 4 p. c, 1911 ..
Coupon, gold, 7s, 1902. 129 130
Lake Shore A Mich. So.—
Reyiat'il. L'olil, 7.S. 19112
12913
Cleve.ATol.—N. bd8.,7s 104
Sinking fund. Us, i; 29.. 120 !l21
118 120
Clove. P. A Ash.— 78...
BluK. land, U8,19'2il.rog
123 Ti
ill8"3
Bttlf. A Erie — N ewbd8,7a 122
Sinking fund, .'is. 1929
109 XIO
108
Kal. A W. Plgeon-lst.
Blnk. fund, 58, 1929. reg
DetM.A T.— l8t,7s,190C
Biuk'gid. aeb..5s, 1933 10m> 103
Lake Shore Div.bouds. 123
SB years deb. 5s, 1909
10114 101 "a
Consol., coup., 1st, 78. 128
E8canaba& L. S.— lst,(38 112
Consol., reg., 1st, '73 .. 127 "a
DBsM.,ViMln'up.— lHt,7s
118 118 _
Consol., coup., 2d, 78.
l8t,Chio.& P.W.,Bs,1021
Min'l Pt. Div., 5a. 1910
0.* L. Sup. Div. 68.1921
Wi8.& Min.Div.58, 1921

I

V

I

1

'

—

.

Iowa

Mirtluiid— 1 »t. Ss.
Peninsula 1 st, conv.,7
Chlc.it Milw'kee— l8t,78

—

Win.* St. P.— Ist, 7s,'87
2d, 7s, 1907
Mll.&.Mad.— l8t,68,1906
Ott. C. F.& St. P.— l.st,o»

C.C.C.& Ind's-lBt,
Consol. 7s, 1914
Consol. sink,

fd,

7, 8. f J

127

1'22

l.at,

Cecihan Br'ch- 78, 1907 101
105
124
120

78,1914

St.P.&S.C.-l 81,1)8,1919
112131

96»al 9734

83
84
110 110
102 la 103
Pensacola Div —68,1920
91
St. L. f)iv.— ls;,6s, 1921 101=4 110
51
2d, 3s, 1980
Nashv.A Dec.— l8t, 78. 116
S.AN.Ala.— 8J 68,1910 96 14
Louiav. (;.A L.- Ba,1931 "94"
Trust bonds, Bs, 1922
2d, 6a. 1930

E.H.AN.— let 68,1919
General, Bb.

113 "a
O.St.P.*M.-l.st68,1918 122 13 1231a
No. Wis.— Ist. 6s. 1930.

Ohlc.tfe E.lll.— lat.s f.cur.
Consol., Ist. ti.a. 1934....

N.O.A Mob.-l»t,6s,1930
11

,

102 10234
10-4(1, 6.3.1924
Chlc.St. !..,<: P.— lat.con.58
85
90
L.Erie AW.— Ist, Os, 1919 "82%
Chlo.A W.lnd.-l8t, 8.f.,68
Sandusky Div.— lis, 1919 77
Gen'l mort., Bs. 1932 ... •ioo' 105 14 Laf.lll.A M.— l8t,Bs, 1919' 823<
OhIe.&SI.I,.— lKt,(i3, 1915 10214 102-"8 Loilisv.N. Alb.AC— 1 st,68
94
O0I.A Green. —lst,U8,19la
General mort.. Bs. 1914.
2d, 6s, 19'.itl
Z
9(1'
Lou. N. O. A Tex.- Ist, 5s

& Tol.^lst, 5»
W.— 7b, conv.,'92

Col. ll.Val.

Bel.

!-,.ik

BMori«age,

1907
137 14
SyT.Biinr.*N.V.— lat.7B
•

No

78.

1.J

JO

Manhat.B'chCo.- 7e,1909 *7S

N.Y.AM.B'h— l8t,7s.'97

Metrop'lit'n El.— l8t,1908
2d,

(fa.

1899

price* Friday! these »ro latest (luotatlons

mad*

tliia

11334
10-

we»W

8E

|107»«
SO'Jg

SO'-j

113>a

.

109
108
116
i'ls'ii

IIBI3 117

no's
113

114

cimsol., Bs,reg.,1933'

St.P.A

Ba, 1922|
Dill.— 1st, 58, 19311

109

So.Car. Ry.-lst.6s,1920| 107
*88
2d, 68,1931
Shenand'hV.— lst,78,1909 ..-Geueral, 68, 1921
1

SoduaB.ASo.-l8t.58, old 101
Tex.Cen.— lat, 8.f.,78,1909 671a
Ist, 7a, 1911
Tol.Del.A Burl.— Main, 63
Ist, Dayt. Div., 63, 1910

671a

Ist, Ter.tru.st, 6.3,1910.
Tol.P. AW.— lat,78,1917
Trust Co. receipts

87 13
87 "a

.

Tei.A N. O.— Ist, 7s, 1905 116
961a

Sabine Div...lst,B8,1912

BO
39
77

Va. Mid.— M. Inc., 68.1927
Wab.St.L.APac— Gen., 6s
Chic. Div.— 5a, 1910

40
773.

Hav. Div.— 6a, 1910
Iowa Div.— Bs, 1921
Ind'polis Div.— 6a, 1921.
Detroit Div.— 6s, 1921 ..
Cairo Div.— 5s, 1931 .... <51

Wabash— Mort. 73, 19091
Tol.A W.— 1st, ext.,78.

6234
10813 Ill's

99
93

1st, St. L. Div., 7s, '89.
2d, ext., 7s. 1893
Equipni't bds. 78, '83.
Consol. coiiv. ,7a. 1907
Gt.Weat'n-lst, 73, '88
2d. 7s, 1.893
Q.A Tol.— 1st, 7s, 1890
Han. Naples— 1st, 78
So.Ia.— l8t.ex.,(is
111.

86 Hi

A

100

"78 i^ 82
10713 108

93

A

St.L.K.C.AN.— R.e..78 101 1041a
Omaha Div.— 1st. 7s. 81 13 82
Clar'daBr.-Gs. 1919 *60
70

113'-3

100 -a

76

8t.Chas.Bge.— Ist.Bs

105;4 lOS's
No. Miasouri— lat, 73..[ 113>a
IO9I4 110
West.Un.Tel.— 1900, coup liaiallO
119
1900, reg
No.R'wav (Cat.)- 1st. Bs 110
102
N.W. TeleKraph- 7s, 190, 100
80. Pac. of Cal.— 1st, Bs- 101
BO'S 80 'e
Mut.Uii.Tel...S.fd.6s,191i
So. Pac. of Ariz.- Ist, Bs

Laud grant bonds,

West. Pnc.-Bonda,

6s.
Bs..

INCOME BONDS.

So.Pac.ofN.Mox.— l8t,68 95
Union Pacilic— lat. Bs. 11 6 '4' 116 '3b
7s, '87.89
fund, 89, '93..

Land grants.
Sinking

Reg., 88, 1893
Collateral Trust, 6s...
Ss, 1907
Do
Kans.Pac— lat, Bs, '95

11913 120

92

HO

l8t, consol., 0a,1919.

Br.U.P.— F.c..7s.'9,'i
At.C.AP.— 1 st.0.s,1905
At.J.Co.A W.— l8t, Os
C.

A

Epuipment,

78, 1895..
Gen'l mort., 6s, 1931..
So. Pac. of Mo. 1st.

—

Chic. A E. 111.— Income ..
E.T.V.A(ia..-lnc.,63,1931

93

Gr.BayW.A St. P.— 2d,inc.
Ind.Bl.AW.— Con.,

"9'5';

98

Lake E.A

Sand'ky Div.— Inc.,19'20
Laf .Bl.AMun.-Inc.,78,'9»

39

;

88

2d. pref., debentures
3d, pref., debentures
4th, iiref., debentures.

97'.

99

ioT

-

Roch.APittsb— Inc..l921
Rome W. A Og.— Inc., "s

_

91"s

Rv—
FREE LIST.

Do

exAug.

Gen. mort. A Ter.
Pennsylvania ItR.

cp.

68..

Pa.Co.'sguar.4ias,l8t.cp
Pa. Co.'s 4 Hia.Reg., 192
Pitt8.C.ASt.L.-.l8t.c.,78
1st. roe., 7a. 19(>0.
I

Coupons

off

61 3<

49

Cum. A Penn.— l8t,68,'91

62
61

•2d. Bs. 1,S8S

...

A

1

25
80
621a

34
30

40
S

23 -a
34

24

3313
'

,

60
33
36

40

4214

110
104

11211

10434

78
iCol.c.AIr.(.'o.— lst,con.,Bs
Dea M. A Ft. D.— lat, 6s..
100
Deuv. C -Ist, Bs
Ft. W.
. 100 Is
FargoA Southern— Ist.Bs 109
120'3,'
iJefferaon.- Ist. 78.1.'<89..
'."^
Warren KU.— '2d. 7e, 1000|-1'20
I

23

3413

I

Oin.A S|i.— l8t,C.C.AI.,78

20 1«

2-3

!*

Inc. .68.1931
So.Car.
St.L.A. A T.II.— Div. bds-

ib's's

Consol., Bs. 1905 t
.+ •7 5 '4
47(3
Income A id. gr.,reg
RioG., 6s, Aug. vp. on '70

20
34

Ohio Cent.— Income. 19'J(l
Miu'l Div.— Inc.,7a.l921
97
.
ObioSo.— 2d inc., Bs, 19'2J
.
99 'iliPcoriaD.AEv.—lnc.l 9-2(1
Evaa.av.Dlv.— lnc.,10'2(>'

10-

18
19
19

22
77
60
33

N.Y.LakeK.AW.— Inc.Bx

'4

IT-i

1813

9113 Mil. L. Sli.A W.— Incomes
88 '-3 Mob.A O.— Ist.prf.deben

105
105
11034

1713

76
22

W.— Inc., 7s,'99

96
95

114

161a

inc. ,68

Ind'sDec.A Sprp— 2d,inc.
Trust Co. Receipts
Leh. A Wilkosb.Coal.— '88

11034

9734

Greg. Short.L. lat. Bs "si"
Ut. So.— Gen. .7s. 1909
Eiten., Ist, 78, 190;)
Mo. Pac.— lat, cons., Bs n02H.
3d, 7a. 19IIB
Pac. of Mo.— Ist, 63...
2d, 7a, 1,891
Bt.L.AS l''.-2d,6a,Cl.A
6s, Cla«aC;. 19(H>
68, Class H, 1906
O..
1st, 6s, l'ial'c4j C.

120

112'

110
1st, 68, 1896
Deuv. Div.6s.a-s..'99 110

\

(Interrft pnynhie if P'trned'
Atl.&Pac— Inc., 1910....
Central of N.J.— 1908 ....

10734!

Tei.APac— l_8t, Bs,1905. •105
9513

107

7s.|

Min'sUn.— lat,

.

AOr.— ser. B.,6s.

Ark AT.— Ist,

Ist, consol., Bs, 1933.. ;;i

101

—

125

Consol., 78

General consol., 6s,1934
Chic. St. P.Min.AOm.
Consol. Os, 1930

122
107 »8

Louis V. A Naahv.—

10534
12513

114
104

llSi-j

Consol., reg., 2d, 78 ...
Long Isl. KR.— lat, 78,'98
Ist, consol, 58, 1931.

Cal.

114 U 115>a

'

7s, 18,87...

.

Mi— 1st, 78.

Gen. r'y Al.gr., 58,19311
St.L.AltonA T. H.— l8t,7s
2d, pref., 78, 1894
2d, income, 7s, 1894
Bellev.ASo. 111.— lat, Ss!
St.P.Minn.A Mau.— l8t,78i
2d, Ba, 1909
Dakota Ext.— Bs, 1910

AEv.— 1st,

Pac.BR.— Cen. Pac— G.68 113 »4
107
San Joa<iiiin Br.— Bs
Cal. A Oregon— 1st, 6a 102

Iron

J!"'*!
Arkansas Br'ch— lat, 7s llo^j'
Cairo A Fulton— Ist, 78.' I0914 109>a

7913
831a

90
Bs
Evans.Dlv.— l8t,6B,1920 8l>
PeoriaA I'ek. U'n— Ist.Os. 102
PeoriaDec.

A

j

2d, 78, 1.897

90

Panama— S.f..sub.6B,1910 KX)

Danv.— ConB.,g.,68

78
Debenture Bs, 1927
Atl.ACh.— lst,pr.,7s,'97, 115"a
92
Incomes, 190(1
35
45
Scioto Val.— lat, cons., 7s.

(ja, 1920,
Min'l Div., «a, 1921

OhioSo.— iBt, Bs, 1.921.... 88
Oreg'nA Cal.-l at.Bs.l 921 "79'
Or.ATransc'1-68,'82.1922
83
Oregon Imp. (.'o. — 1st, 68.
Oreg'n KK.,4Nav.— lst,68 114

1898
Cleve.ATol.— Ist.Bsi-lOoia
June— Ist. 6s. 1922

A Y.— 1st, Ba
Rome W.A Og.— l8t,7s,'91

Tenn'l Tr.,

lat,
1st,

67
General, 6s, 1921
Honst.E.AW.Tex.-l8t,7s
2d, 68,1913
Ill.Cen.— Spd.Div.— Cp. Be 1151a
Middle Div.— Reg., Bs .. 104
C.St.L.AN.O.— ren.l..7s '124
1st, consol., 78, 1897.. 125
118
2d, 6s, 1907
113
Gold, Bs, 1951
Dub.* S.C.— 2d Div., 78.

122
129
118

.

....|'lll

P.ittsb.McK.

1

l8t, 7s, $ g., R. D., 1902
l8t, LaC. Div., 7s, 1893
Ist, I. <fc M., 7s. 1897..
iBt, I. *D., 78, 1899....
M., 7s. 1903..
Ist, C.
Consol. 78, 1905

UO

68,1892....

2d, 78, 1898
2d, guar., 78,

.

Chic. Mil. & St. P.—
Ist, 88, P. D
2d, 7 3.108, P. D., 1898

8. fd..

St.L.V.AT.H.— l8t,g.,73 120

—

.

Ask

Bid.

Penn.RR.— Continued—

7s, 1911.
let M., 78,ex-cp.,6,7,<fe 8

Morns AEssex-lst, 7s. 141j4l4o

Bailroad Bonds.

SECURITIES.

Bid.

Mex. Cent.— l8t,

|

.

76'4

791a

110

Septembeh

THE CHRONICLE.

20, 1886.]

New York

Quotations la Boston, PhllAdelplilA and Baltlavra.

Local Secnrttles.
Inaarmaee 8t*ak L.Ut.

Bank Sleek
OOMPANIBS.
Hukert thos (') kn

l>Ut.

Par.

100

166

163

as iao"
Bntchora' dt DrOT*»*
36 uo
100 104 io«ii
100 ISO
25 155
Obkthnra
100 •MO
CliemlcJit
i26"
2ft 112
Oltliene'
100 250
City
100 151^
100 101
ConUaental
100 lt*3
Com Kxchftn£r«*
25
KaatlUver
25 115
£leveDtti WftrdV...
100
Fifth
100 ftio"
yffth Avenue*
100 uoo
Flrat
. .......
100 110'% Vii"
Fourth
BroJMlwfty

Gallatin

Oermau Kxctiauge*
Oermanla*
Imp.

&

Traders'....

Ijeather Manuf*r8'..

Mauhaltan*

Market
Mechanics'

Merchniits' Exch...

Metropolitan

Murray urn*

New York
Wew York Coaaty
ta.

.

Y. Nat. Exch....

Ninth
North Klver*
PftCiflC*

p«rk
People's*
Ptaenlx

Produce*
.
Republic
..
euNlchoias*
Seventh Ward
Seoond
Shoeat Leather
State of New Vork*

Tradesmen's

United States

West Side*

."...

80
60
100
75
100
100
25
100
100
60
100
50
100
100
25
25
100
60
50
100
100
100
50
100
100
100
100
70
30
25
60
100
25
20
60
100
100
100
100
100
100
100
40
50
100
SO
100

OOUPANIBS.

Pu.

60
Amer. Kxohange... 100

l-ii

Amor. KzohMig*... 100

166
1»»

Bowery
BroMlway

26
as
17

20
70
100
50

CIttsens*

Olty
Clinton
Cominerolal
Continental

100

40

Baffle

KmplreClty

100
30

RxclianKe

SO
Firemen's
Firemen's Trust
Franklin (ft Emp..

Qermau-Amerloan
Uermaula

17
10
100
100
60
60
26
100
18

.
.

Greenwich

101

40

260"
130

Yii"

UO
no

'

i45

116
127

126"

W

itO

is"
120

vii"

165

115
100

40
Isl'd (B'klyn) 60
Mauufac. A Build.. 100
Mech. A Traders' .. 26
Mechanics' (Bklyn) 60
60
50
Moutauk (Bkl}m.).. 50
Nasflaii (Bklyn.) ... SO

Long

140

iW'i

100
SO
20

Jefferson
Klnifs C'nty (Bkn.).

Knickerbocker

13d

iS5
100
111
102
117
150
140
146
140
102

60
100

Home

ISO
100
lassi

BOHTON.
Atob. A Toi<i<ka-Ut,Ta.

PRICK.

Aak.

Bid.

1

iso"

120"

National
N. Y. EqnIUble

37 >a
35
100
50
Niagara
26
North River
26
Pacific
100
P»rk
Peter Cooper
20
60
People's
60
25
60
Standard
100
Star
100
25
26
United States
10
Westchester
WUUamsburg City. 60

N Y

Fire

...

.

Bid.

147
96
122
160
too
114
107
117

20
2IM
240
76

78
105
75
25

40
ais
120
104
170
65
100
I'^O

120
70
10
110
175
80
00
96
35
75
66
102
90
140
80
140
60

WO

106
185
100
140
100
12S
110
«0
45
60
100
126
120

215

iis"

116

120

Boston
Boston
6s
Boston

Aak.
160
ing

6s

Qnotations by GEO. H. Pbehtibs

SAS COMPANIES.

Par.

Brooklyn Qas-Ijrht
Oas-UlBklyn)

Co., Brokers,

<fe

Amount.

26
20

Bid.

Bonds
Consolidated Gas

12'i

30
2^6
260
80
100
110
86
36
60
225
126
110
200
72
106

A

Mutual (N. Y.)

125
124
76
30
120
196
87
101
106
50
85
63
105
100
146
90
150
70

Haesan (Bklyn.)
Scrip

UO

112
165
108
150

no

133
120
100
56
55
106
130
126
226

Bond.H

Willlamsbarg

Aak.

PU1L.ADEI.PHIA,

RAILROAD STOCKS, t
Allegheny Valley
Ashtabula A Pittsburg..

;

Bonds

100

Ist mort
,.
Br'dway A 7th Av.— St'k.
Ist mort
2d mort
Brooklyn City—Stock
1st mort

1,000
1,000
1,000
10
1,000

Bklyn. c'rosslown— Stock

100

1st luort. bonds..

A
70(1,,o(iii;j. A

100 2,100 ,0(1(1

1,000

,

Julyl,'85 27
July,1900ill2
July 1,'85 JBS

900,,000 J.

J.
J.
Q.— J.

1,.500,,000|J.
500,,UU(i J.

AD.

A J.

2,000,,000 II.—F.

800,.oou^j.A r.
200,.OOOA.AO.
400 .00(1 J.
J.
5110 .0(Kl' Q.— F.
600,.000 CJ.— J.
250.000 M.AN.

(

A

7

600AI-

Ist mort., consol
Scrip

100

Eighth At.— Stock

1110

100

Scrip

tM A (fr'cd St.i"ry—Stk

100

mort
1,000
100
Honst.W.st.AP.F'y-Stki
iBt mart
600
Second Av.— stock
100
Ist mort
1,000
Iflt

1

Consol

Sixth Av.—Stock
l8t

ijiorc

Third Av.—stock

1,000
100
1,000

A

D.

Q.—J.

A
A
2.-,0 (lOOl Q.— F.
50(1,
J. A J.
l.,HO .0(10, J. A J.
F
A.
74H,.0(10 Q.— F.
236,,01 Id' A.
O.

1,011(1,,"(10

(1(1(1

4110,.000

1,050,.000
1,500,,000

M.AN.
M.AN.

M.A

500,,000 J.
2,011(1 .00(1 J.

600,,000 F.

A
A

8.
J.
J.

AA.

250 000 M.AN.

This eolamn snows last dividend on

7

K.A A. 6

100 2,000 ,000 Q.— P.

Bonds
1,000
Twenlythlrd St.—Stock.
100
Ist mort
l.ooo
'

90(1,.(1(1(1 J.
1,2(1(1,,0(1(1
1,0(1(1,,00(11

A

Hnntiugd'u

113 1*
276

2>g!July

l,',S;,

l-ob.,

240

145
123
1421,
116
212
116>a
110
266

1914, liO

"

CANAL

A

Schuylkill Nav., prel...

RAILROAD BONDS.
'9

!

120
116

Ball.

117
132
113>«

July,

'90;110

A ug., '83.107
Jan.,
901111
Aug.,

'85 [260

May.

'93I1I2

lis'"

Ashtab.

114

but date ot maturity at bonis.

44

A

116'

20

w

*Bx-liv»uouu.

A

Per share.

li2

107H

US

67 1^

36
1931

CoiumbiHA Greonv.— Ist*

68, JSerios A
5s, .Series B...

Ist. g.,

'•>'

88
1U4
122
119
1-23

881a

106

138

116
124

J.AJ. lot

AJ
W .Cu.,J .AJ
ad, tn»''6a, ;>d, guar., J. A J
WUm.C, A Alg.— 6s
Wll. A Weiuon—Sa
2*1,1 rBf.,J.

101

-.••-• ioi'

PittMb.ACon'ella.- 7»JAJ

W.Md.— 68,

...
—'J-11..BS
I

Wash.

Union HB.— lBt,gna.JAJ
Canton endorsed
Virginia A Tenn.— 5a ....
88

N.Y.A PhlL— lst,6a

Bnir Pitta..*

118\

Bait.— Ists.

2d8
;
No. Central— iHiS, J. A J.
6s, 1900, A.
68,gold.l900, J.AJ....

2d, 7s, 1908
Con'*. 6s, 19il
iBl. Tr. 6s, 1922

113

107';

•Ma
3d8

I

320

Cen. Oliio.— 6a, l8t,M.AS.
Charl.Coi. A Aug.— l8t..

AO

Inc. 78, end., coup., '&4

IS".,

116a<

Cln.

.

Inly,

April. •H3I112

50

RAILROAD BONDS.

Atlanta A Charl.—lBt...
Inc

1st Inc., 58,
437,

AUegh. Viil.-7 3108,
7b, K.ext., 1910

SOi

Western Maryland

•2d

STOCK.S.

Lehigh Navigation
Pennsylvania

50

Central Ohio— Com
Praf

9.i
97 Balt.AOhio— 68„'85A.AO 105H 10534

Atlantic.

Aug.,1865 145
94 111
Juyl,'85 205 216
IO7S4 no
1910
May, 'Ss'lOT'. 110
Nov., '84' 1.15

256

61i<

Newtown

West Jersey

BALTinoUK.
A Charlotte
100
Baltimore A Ohio
let pref

65

Erie

1341a

RAILR'D «TOUKs.tPar
2d prof
Paikeisburg Br

16
PIttsb.—l8t,6s
St, 6s, reg., 1908..
Belvid'e Del.- lBt,68,1902 116
lOo
3d. 68, 1887
Bell's Gap— Ist, 7b. 1893.
105
Ist, 68, 1905
Cuusoi., 6s, 1913

Aug,18.S5i245

55 Hi

Norrlstowu 108ii
A N.Y.
8'(
Pbiia.A Heading
Phila. Wilm. A Bait....
Plttsb.Cin A St. L.—Com.
199 >,
United N. J. Companies.
45
West J ersoy
Phila.

118

A

2f*
87 Hi

Philaitelpliia

A

Cons., 7s, reg., 1911

Pennsylv.—68, CO., 1910..

611a

19-,

Piiila. (Jcr.

80
109
119

Lehigh Nav.-68,r6g.,'84.
Mort. RR., reg., 1897 ..

60

61i«

175
112
167
162

—

Del.- lst,6«,1886

.Atlanta

PeniiHylvaiiia

109 la
2-0
112

A

Sohuylk. Nav.— lBt,68,rg.
2d, 6s, reg., 1907

17
SSHi

PniferreJ
Little Schuylkill
MiiiehlU A sch. Haven...
N'e.Hciuehoiiiug Vallev
Norluik A West'n—Com.
Prefeiicd
Northern Central

1901

CANAL BONDS.

65

1914
noH'y
Aug., 1385^216
Jan., 1SI02 lOS
AprUl,-85ll68
Jan., 188H 1105
Aug..lS85 162
luly 1, '85|lo8
NOV..1922 114
Julyl, '.S5 142

'93 114
Fob., 1914 106

68, P. B., 1896
Gen., 78, coup..

Ches.

Broad Top

Preferred

Lehigh Valley

1909

48
42

North Pennsylvania

:Ji\no,

39 Vi

2d preferred
Delaware A Bound Brook
{45
East Pennsylvania
41
biuiira A wUllamsport..

I>toc)u

35

Juiie.lt)01 108>!i 111

Ba8hw'k.\v. Uklnj— Sfk
100
2
Central C'rosslown— Stk,
100
IHi
1st mort
1,000
6
Oent.I'k.N.A B.Riv.-Stk
100 l.WO, (1(1(1 Q.— J. 2
Consol. mort. bunds
1,000 1,200,.00(1 J. A D. 7
Dec, 1902121
lig Aug.,lS« 140
6."i0 ,(100 Q.— F.
Obrist'iih'rAlOth St—Stk
100
Bond.H
25(1,,1)0(1 A, AG. 7
1,000
Oct.. IWIH 1 10
DryDk.E.B.A Bat'y-Stk
100 .1,'JOO .01111 Q.— F. 2ia'.i-m.,I8S5 '205

United N. J.— Con8.6s,'94
Cons. 68, gold, 1901
Cons. 68, gold, 1908
100
Oen., 4s, void, 1923
Warren A F.— 1st, 78, '96 99
West Chester -cons. 7s. 114l(

Cons.
3H W.JerseyAAtl.- l8t,69,C. 107
110
Weatem Penn.—6s, coup. 110
6

3

1st preferred..-

[Quotations bj H. L, Gbant, Broker, 145 Broadway.]
BI'ckerSt.APalt.P. -sik

Consol., 68, 1905

Union

Catawissa

Preferred

A Pac— Ist, 68,1906
A Titusv.— 1st, 78.

Tex.

6s,

A PhU

Preferred
Camden A Atlantic
Preferred

A

Bonus
Konltable

2d, 68,1938
Syr.Oen.A Com.— l8t, 78.

W. Jersey— 1st, 6s. cp.,'9« 1J7
Ist, 78, 1899

Preferred
Bell's Gaj)
Butfalo .V.Y.

A

Bonds
Metropolitan (Bklyn.)..
Mani(ip;il— Bonds
Fulton Municipal

.

Ogdensb. A L. Champlaln
Portland Saco A Porlsm. {1191^
18'<
19 la
Rutland— Preferred
1314
Stimmit Branch
{36
8711
^'orcestor Nasli'aA Hoch
13 » lli
Wisconsin Central
Preferred

'

Bonds

lao

13«

,

A

Peoirte's (Bklyn.)

New 7a, reg. A oeap

lU

C—

I

;

18m

,

I

Bondti

Chat. M., 10b,

Income
H-a
(I en.. 6s
68
70
Scrip
I*h.V.-lst,6s,C.AR.,'98 126
136
Iiebcnture, lOa
68
2d,7s, reg.. 1910
loe
10>)<<
Jfngland—
«B.
Y.
N.
N.
A
Cons. 6s, C.A R., 1923.. isTViiis"
117', 118
7s
78
N. O. Pao.— Ist, 68, 1920.
i80
86
2d mort
No. Ponn.- 2d, 7b, cp. '96.
123
N. Mexico A So. Pac.—7e 122
ISO
aon.,7s, 1908
Ogdensb.A L.Ch.— Con.OB
Debenture 6s, reg.
Income
Norfolk A WeBt.-Oen.,68 {96
Old Colony— 68
N. R. Div., Ist, 68.1932
9S
123
Pueblo A Ark. Val.—78,
N. Y. Phil.A .Nor.-lBt, ea 108^ 103%
104
46
Rutland-6s, 1st
60
Inc., 68, 1933
97
Sonora— 78
on CityAChlc— iBt, 6b..
STOCKS)
Oil Creek— let, 68, conp.
68 •» 68 >< Pennsylv.— Ocn., fls, reg
Atchison A Topeka
130
Atlantic A Facilio
7
6'b
aen.,8», cp., 1910
1381s
181
Boston A Albany
18l>,
Cons., 6s, reg., 1905...
117
Boston A T.owelf....
Cons., 6s, coup., 1905...
181
182>3
Botiton A Maine
Cons, 68, reg., 1919
Boston A Providence.., il83'<
7s, 1896
Pa. A N. Y.
Boston Uevere B. A Lynn 117
7,1908
}89
Cambridge
Perklomen— 1 st, 68,cp.'87
{62
(Jheshire, protorred
Phil. A Erle-l st,78,cp.'88 110
Chic. A West MichiaanCons., 6s, 1920
iio'
Cinn. Sandusky A cleve.
Cons., 5s, 1920
66
Concord
J 107
Phila. Newt. A N.Y.— Isi
Connecticut River
n67'«
Phil.A R.— Ist,6s,l910.. {115
115
(^mn. A Passnmpslo
118
2d, 78, conp., 1893
120
Cleveland A Canton
Cons., 7s, reg., 1911
Det. Lansing A No., pret.
Cons., 7s, coup., 1911.. 119
SlVi
Rastem, Mass
Cons.,6s,g., 1.R.C.1911
Fltchbnrg
lie's
Imp.,68,g., coup., 1897
12!
Flint A Pere Mariiuette.
Gen., 6s, g., coup., 1908
77
Prefened
79
Oen., 7s, conp., 1908....
80
82 >a
Fort Scott A auU
Income, 7s. coup., 1896
Preferred
Cons.Ss, lBtser.,c.,1922
Iowa Falls A Sloni City. 63
Cons. 59, 2d ser.,c.,lil33 t
Kan. O. Clin. A Sprtngf'd
Conv..\(\j. Scrip, '8.V88|
64
Kan. C. Spring!. A Mem.
Debenture coup., 1893J
Little Rock A Ft. .Smith. {34
Scrip, 1882
Louisiana A Mo. River..
Conv.,7s, R. C.,1893..«
Preferred
Conv. 78, cp.ofr, Jan.,'85
Maine Central
107>a 107'i Phll.Wll.A Bait.—4s.tr.ct
IS "a 1913 Pitts. Cin. ASt.L.— 79....
Marq. Hongbt'n A Onton.
60 >a
Preferred
Pitts. Titus. A B.— 79,cp.
Metropolitan
ShamokiuV. A Potts.— 78
81. Shen. Val.— Ist, 7b, 1909
....
Mexican Central
Nashua A Lowell
Oen'l69, 1921
2is«
N. Y. A New Kngland ...
Income, 63, 1923
Northern of N. Hampsh. {123 125
Income, 5s, 1914
Norwich A Worcester...
A Krie— 1st, 73
Sunbury
163
Old Colony
Snnb. Hai. A W.— lat, 6s

:

Jersey City A Hoboken.
Metox>poUtan— Bontls ...

0am. A Bnrl. 0o.-68, 97. 11«
Catawtask— lat, 7b, oon. 0,

Providence— 7a
.

A

1,000

108
111

ad.Ss, lIHM
Cons., 6 p,

A Albany—7a
A Lowell—7s

Burl.

116

Mivy 5, '85! 130
132
2,000,.000 Var's
1.200,,000, Var's
July 1,'85 84
86
2S0,,000: A.
104
107
O. S
aij J'nel5„8.>! 94 14 95
100 35,4 ;i0,,000
l.iO
20
7,it5,,000 Qiiar.
2 "a' July 1, 'Si 140
A. 13
1902
114 117
1,0()0
70U,,000, F.
100
3,500,,000 (4uar. 2>«'julyl0,'85 132
135
1902
103 !l05
1000 1,500,,01)0 M.AN. 3
25
1.(100,,0011. Var's
2 July!, '85 125 :l-.'8
700,.000 M.AN. 2 Hi' Nov. l.'Bl
100
Var's
l.OOU,.0(hl J.
10
J. l>3S00.15,'if5
87
4(10,.000 M.AN. 313 J'uol5,'85 105
110
1,000
lai),.000 J. A J. 3
Apr. 1, '8.1 98 llOl
Var's
50 1,000,.000 Qnar. 3 Juiy20,'85 160
I9Ck1
112 ills
1,000
1,000,.000 A.
O.
100 1,000,,000
July 1, '85, 92
94
1888
105 110
1,000
750, OOOIM.&N.
Julyl5,'86 J69 160
100
3,000,,000
105
1900
109
300,.000 J.
J,
1125 !128
'ibo
2,000,,000
1,000
1. 000,,000|a. AF,
1900
112
1109

Citizens'

A All.-lM,7B,«.,'9il

A Mo.-Ld. gr.,7s.
Conneot'g es,op., I9<)0.04 119
11«>4 Cor.CuwanA Ank.deb.e*,
Nebraska, 6a. Exempt
Nebraska, 6s.Non.ex'pt 108 >«
Delaware— 6s, rg. A cp., V.
eai| DeL A Bound Br— lst,7s 1(0
«...
Nebraska, 4s
ViVi
Oonn. A Passnmpalo— 7a.
Eaat Penn.— lBt,7B, 1888
Connoiton Valley -68
EaalonAAmb'r—Ss, 1030 llOH
Itesi'rn, Mass.— es, new.. 132
En. AWmsp't-l8t,68, 1910
U»
Fort Scott A OuK— 7b
106
6b, perpetnal
110
K. Olty I^wr. A So^Ss «...
Harrlsblr- l8t.6s, 1888.
no
K. City St. J o. A O. B.— 7a i... l'J3
U.AB.T.— l8t.7B,g.,18eO 118
88 'so"
Little R. A Ft. 8.-7 a. let 108\
OouB. SB, 189S
109
K. City sp'd A Mem.— Ss
ItbaoaAAth.-lBt,gld.,7s
Mexican Central-7s .... "ii
41^ Jack. A Southe'rn- lst,6s

170
166
12.<l

49 Wall Street.]

Date.

3

Period

A Maine— 7a,

A

BXODBITIBa
A Amlioy—Sa, e.,fH
Mort., aa, inw

Cam.

Cam.

-

Boston

l'J7

Gaa and City Railroad Stocks and Bonds.

[Gm

114

Land gniKi, 7s

120
126
112

BUL

8X(njBITIB8.

![PTlcei by X. 8. BaUey, 6 •i Pine at.)

PRIOR.

not Nallonitl.

363

106
105

lie

7s
«

In delaol*.

i

Last pnoe thla week.

THE CHRONICLE.

354

XU.

[Vol.

BAILBOAD EABNINeS

New York City Banks.—The following statement shows the
and the totals from Jan. 1 to condition of the Associated Banks of New York City for the
week
ending September 19, 1885:
The statement includes the gross
latest date are given below.
earnings of all railroads from which returns can be obtained.
Average Amount of—
"
January 1 to latest date,"
The columns under the heading
BarHa.
furnish the gross earnings from January 1 to, and including
Leoal
(7*rc«I»Specie.
TeiuUra.
tien.
the period mentioned in the second column.
The

latest railroad earnings

Latest Earnings Reported.

Jan.

1 to

Latest Dale.

Roads.

WeekorJlo
Ala, Gt. Sonth'n August
Atch.T.&S. F-- July...

1885.

1884.

188.5.

se,08.,
667,053
-.11,181.784 1,301.639 8,409,0 1'2

77,351

..,

1884.

New York

1,243.000

Ntanhattan Co
Merchants'
Meohanlos'

4,440,000
897,000

Union
America
Phenii

687,331
8,948.454
130,452
788,694
311,270
1,811.670

tJ27,000

_

a.'^s.doo

.-_

800,100
207,400

10,180,000
9,612.000
13,391,600
9.4 55.000
2,389,700
11,484,200
2,436.000
20,102,700

30'2,20O

City
1,770,000
17,380
175,524
Tradesmen's
l.ilf.9,500
103,100
103,915
662,198
Fulton
163,800
l,8'27,10l!
11,0P8
317,072
Chemical
623,200
23,077,300
61.413 1,932,376
Bur.Ced.K.&No 2(1 wk Sept
Merchants' Exch.
24 6.600
3,227,300
137,000 5,427,465 3.4H6,22fi Gallatin National..
Canadian PaeUlc!2d wk Sev.t
303,100
3,285,200
975,4--'4
35,9i)0
39.340
2d wk Sopt
830,852
CeDtral Iowa
Bntehers' & Drov..
1! 5,800
1,770.100
280,214
320,938 1,846,629 2,032,143 Mechanics' & Tr,.
Clieaan. & Ohio. July
15 '.,000
1,303,000
58,050
74,856
374,053
1.032,60r:
Ellz.Lex.&B.S July
397,817 Greenwich
149,700
108,671
131,67?
833,303
719,645 Leather Mannt'rs.
239,400
2.6dfl,IIOO
Clies. O. &8. W. July
206.1fi4
Seventh
Ward
147,200
235,328 5,4,9,065 5,909,522
1,192,800
ChlcafO & Aiton 2d wk Se;'t
38.1.000
3,645,000
1,812,634 1,735,199 14,185,802 13,351,220 State o( N. Y
Chic. Burl. * O. July
1,816.000 16,743,000
3^,881
37,198 1,081,548 1,043,364 Americ'n Exch'ge.
Chic. & East 111 2d wk Sept
Coiumerco
1,659,000 19,007,800
.S25,000
518,676 15,773,000 15,667,311
Chic. Mil.<fe St.P. 3(J wk Sept
183,300
6,263,300
534,20t
516,200 16,161,292 16,216.786 Broadway
Chic. & Northw 3d wk Bept
Mercantile
714,600
7,760,700
12'2,60r
110,20<
Ch.8t.P.Min.<tO. 2d wk Sept
3,70x083 3,849,239 Pacific
l!iB,900
2,878,030
Sept
Mkh
2d
wk
22,a71
27,355
Chic. & \V.
865,783 1,072,325 Republic
e.l>25,8l«l
•27«.,';oo
428,000
48.5U7
Cln.Ind.8t.L.&C 2d wk Sept
56,997 1,616,919 1,668,23.1 Chatham
t;92,000
4,1.14,201
45,000
August...
&T.
P.
238,184
236,45(
Peoples'
Cin.N. O.
l,6G-',790 1,672,777
176.000
1,B67,00(.
4, '220,500
46,072
331,000
Oto.Waah.&Balt. 4tli wkAus
57,180 1,097,924 1,172,923 North Amei-ica -.Hanover
317.700
9,.504,300
180,C0O
10,001
Olev.Akrou&Col 2d wk Sept
9,297
33!».60K
338.784
302,500
3 0'22.00r
2; 5.200
Cler.Col.C.A Iiid July
265,128 309,078 1,860,735 2,102,940 Irving
Citizens'
357,400
2,762,600
263,800
Nor.
August...
&
24,221
Danbury
22,754
143,773
136.863
1.=34,700
2,891,700
121,790 4,107,983 3,687,624 Nassau
Denv. & Klo Gr. 2d wk Sept 136,274
Market
5o9,B0u
2,938,300
44i',705
&R.G.W
August.-..
s9,46o
DeaV.
79,872
607,609
488.033 8t. Nicholas
13'2,SOO
1,502,000
9,744
Des Mo. & Ft. D. Jd wk Sept
9.362
244.883
234,917 Sline A Leather..
440",600
383,000
3,336.000
Det.Laus'gi^No. 2dwk 8ep'
25,414
24,818
801,931
942,312 Corn Exchange ...
275,000
4,491,200
19,53."
Dub.&SiouxCity 2il wk Sept
2 2.065
586,285
609.592 Continental
6,>-24,200
489,800
163,500
E.Tenn.Va.&G a.! August
328, 49(
312.723 2 519.008 2,455,03>t Oriental
830,000
1,843,100
1,678,300 23.367,101
Evaiigv. & T. H. J2d wk Sept
16,014
17,929
517,192
529.738 [mportera'A Trad.
2.116,900 23,898,100
34,971
Flint & P. Manj. 2d wk Sept
38,947 1,309,039 1,^42,080 Park
Kiver
258,000
2,092,000
Flor. K'way <fe N. 2d wk Sept
15,19
13 661
656,87('
670,029 North
East River
9X9,200
93,700
Ft.Wortli & Uen. August
43,69',;
37,212
304,155
321,677 Fourth NationaL1.684,200 18,360,800
Gal.Hnr.&S.An. July
235,73='
198,56V-1,633,123 1,492,057 Central National..
411,000
9,459,000
Grand Trunk. . . Wk Sap, 19 344.808 388,609 10,664,351 12,0;>5,207 Second National-.
3,16-2,300
293,600
30,16t
Gr.BayW.&St.P. Jtiue i.u.;j
24,631
6,9'.0,60c'
Ninth National. .360,300
131,65'/
Gull Col. & 8. Fe August,-^. 146,94S!
871.27;, 1,028,559
First National
835,700 20,324,000
5.3'-'5,000
236,98IU.Cent.(IU.&8()) 2d wk ?fept
337.700
2 23,815 7,130,021 6,754,127 Third National ...
189,200
1,193,'200
178.iiOO
(Iowa) 2d wk Sfept
35,991
Do
40,114 1,074 450 1,131,586 N. Y. Nat. Eioli..
Bowery
'220,200
2 > 3,200
2,205,100
»Ind.Bloom.&W. 2d wk Sept
66,525
56,246 1,624,90". 1,609,977
N.
Y.
Coonty
210,400
2,493,500
180,000
K.C.Ft.8.<feUnlf IstwkSept
43,669
43,101 1,653,794 1,568.528 Qt-rraan- .Vmeric'u.
333,600
2,744,200
Kan. C. 8p. & M. list wkSept
23,292
23,196 1,041.479
757,975 Chase National...
2'31.100
3,6(iO,100
Kentucky Cent'l July
71,009
95,593
454,50.
472,762 Fifth Avenue
134.6 10
2,948,000
lAkeEiie& W.. July
74,782
76.366
German Exch'nge.
2,623,'200
650,000
L.Ek.& Ft.Smltli July
36,392
32,821
269',765 Oermania
2'8i',676
292..O00
2,479,700
L.Rk.M.Riv.& T. July
19,850
24,191
165,027
176,355 Dnlted States
117.200
3.536,600
6«,7-27 2,175,787 2,142,120
Lincoln
SdwkSept
7t<,237
336,000
3,264,300
laong Island
123,000
l,'27e,400
La. & Mo. River May
41,775
50,805
227,251
264 739 Garfield
Fifth
National....
212,000
1.203,900
Lnuisiaua West. July
20,323
42,560
330.373
248.124
310,600
8,011,100
IiOul8¥.& Nashv. 2d wk Sept
256,%3J 256,130 9,477,975 9,260,637 B'k of the Metrop..
West Side
300,300
1,863,600
Maubttitati
2dwkS«i»t 253,f05 238,332
Seaboard
142,100
1,444,100
Mar.Hoiigh. &0.|2 wke Kept
52.345
50,473
578.765
652.58
Sixtli National
129,900
1,923,000
191,400
95,f-24
Mem. & Charles. Aiigtist
114,663
7 90.964
875.235
59.80('
53,016 2.539,568 2,027.794
§ Mexican Cent. 3d wk Sept
Total
328,267,500 110253900 33.956,900 388.131,500 9,738,400
$S(ex.N.,all lliies| August. .
112,640 113,250 1,041,225 1,070,874
Milwaukee & No August...
42.901
40,162
361,900
The following are totals for several weeks past:
335,427
3-1,6.31.
Mil.L. Sh.& West \3d wk Sepi
24,368
891,146
795,861
Specif.
IL. Tenders.
Depnaitg.
1886.
CirculatUnt AQg. Clear*QM
Minn. &St.Loid8 July
146.059
155,483 1,091.363
991,065
370,19'.;
Mo. Kau. & Tex. 3 wks Juh
429,372 3,272,931 3,751,087
$
Int. AGt.No. 2 wks July
81.748
105.611
324.856.800
114301400136,297,300
390,803,800 9,707,300 476.800,628
S'pt 6
13-2.807
Mobile & Ohio.. August...
143,606 l,166".27i l,2"i9,3T5
" 12 326,7 08,500 111984600135,172,400 389,424,000 9,756,900 484.537,668
Morgan's La. JiT. J uly
250,418
" 19 3-38,267, 6«0 \10253900l33,fl56,300 388,131,500 9,733,400 4>0,733,380
203,227 2,109,425 1,839,809
NasB. Ch. & St.L. August. .
182, 1 If
218,190 1,375.001 1,550,846
K.O.& Northeast August. . 36,617
27,209
398.261
Boaton Banks. Following are the totals of the Boston banks •
246.219
«N.-X.L.Erie&W July
1,30^180 1,458,186 8,402 334 9.129,246
Specie.
DepoHte.* Circutatian Aijg- Clear'gt
hoanx.
1886.
N.Y.Pa. & O.iJuly
372,856 480,077 2,672,845 3,127,797
K.Y. & New Eng. Julv
296.112
276.217 1,810,026 1.864,077
$
$
H. Y.Ont. &W.. August.
199,334 2 20,935 1,214,334 1,261,634 S'pt 6 152,999,300 i,681.700 4,629,200 100,056,400 21,594,500
57,880,91 S
H.Y.Susq.&West August
101,353 105,828
698,161
654,773
163,167.600 !,ei4,300 4,198,500 109.316,300 21,317,700 «1,402.26»
Horfolkii; West. 2 wks Sept 119,28
130,356 1,786,319 1,782,870
" 10 151,811,300
i,612,700 4.163,600 110,411,500 21,488,-200 85,438,231
Korthem Cent'l Augtist
451,370 510,427 3,460.861 3,608,198
•Including the Item "due to other banks."
Horthem Pacillc August
975,89'< 1,632,602 6,582.339 8,040,626
2d wk Aug
Ohio <& Miss
78,147
Philadelphia Banks. The totals of the Philadelphia banks
102,510
Ohio Southern.. August
39.012
42,007
265,871
283,235 are as follows:
Oregon Imp. Co. July
226,975 283,611 1,590,20'.: 1,944,680
Lawful Money. Deposits.' drcuiaflon. Aqq. Clear'
Oregon Short L July
Loana.
136.266
1886.
106,739
952.790
462,199
|]Oreg.R.& N.Co. 2d wk Sept
106,107
70,588
*
$
$
Pennsylvania... August
3,956.306 4,617,894 28,961,004 31,940,228
7,312,500 44.240,644
27,738,870
80,S104,506
78,642,665
Sept. 6
PeorJaDec.&Ev. 2dwkSeptl
19,030
18,998
499,324
533,467
••
23,127,600
31,855,300 7,325,750 40,188,137
79,083,200
12
PhUa.& Erie.... July
263,944 324,721 1.746,143 1,941,532
'28,2-11.300
7.380,9.-.0
"
46,098.275
82,78S,6(;0
79,137,800
19....
PliUA. & Reading July
12,641,852 2.767,792 15,352,056 16.986,457
Do C. Ai Iron 'July
1,364.030 1,433.684 8,000,152 8,487,603
Unlisted Securities. Following are latest quotations for a
Bletim'd &Danv. August
322,961
293,148 2,450,3 1
2,369,173 week paat^
Ch.Col. &Aug August
56.259
48,070
481,265
446.844
Columbia^ Gr. August
41,327
37,879
390,797
367,613
Securitiea.
Securities.
Georgia Pac.
August
48,688
42,300
398,343
343,172
Va. Midland,. 'August
144,753
N. Y, W. Sh. & B.- Stock
IVi
149,896
967.481 1,013,906 Atlantic & Pac— Stock.,..
2>i»
92
West. No. Car. August. -Receivers' cert
95
46.821
Cent. Div,. l8t, old
48,794
291,680
275,449
Reorg.
cert
44%
45
&
E,—
New
stock
Boch. & Pittsb'g'Sd wk Sept
H.
Boat.
26.527
25,439
851,328
798,093
bonds
Pac—
Div.
81
North.
Old stock
Borne Wat.& Og. June
140,810 143,797
749,605
733,255 BoBt.
North Rlv. Cons.- 100 p.c 20
23
H.T.ife West.— Stk.
St. Jo. & West'n. 2d wk Scpi
24.411
25,217
685,01b
Ohio Cent.— Rlv. Div., 1st
IS
Debentures
8tL.Alton(feT.H. 2d wk Sept
26,763
26.353
820,430
928,324 Butr. N. V. & Phila
1»,
2
Incomes
Do (Branches) 2d wk Sept
16,950
15,553
493.416
510.022 B'klyn Elev., Bt. receipts
4
St. cer. stamp
St L. F. 8. & W. 2d wk SepI
13,308
10,120
417,288
340.436
5
Pensacola & A.tlantlo
6%
1st M., or when issued..
Bt.L.&8an Fran. 3d wk Sepi
97,700
97,53i 2.929,932 3,2,30,803
82
Ist mort
2ti M„ or when issued..
Bt. Paul & Dul'th 2d wk Sep!
Pittsburg,* Western
iT"
35,657
35,110
Ist mort
811,098
809,580
8t.P.Min.& Man. August...
67
69
1st mort
524.620 ""1,76'.' 4,198,99.5 4,361,869 Cent, Cons, Imp, Co
Hio Grande— Cons
Postal Telegraph— Stock.
South Carolina. August. ..
73,694
64,719
667,822
701,312 Denv.ATrust
certs
1st mort.. 6s
U. S.
Bo.Pac.Cdmp'j-—
Postal rel.* Cable— Stock!
58
Atlan. System Julj'
612,151
436,746 4,605,702 4,045,994
Southeru Tel.— Ist M. bOsj 10
5s, U.S. Trust certs
PaciticSvaleni June
1,822,414 2,045,075
Rio Ur,W
state of Tenu.— set'm't.3s to
A
Denv,
Texas &N. O... July
83,435
64.628
532,782
466,005 Den, & R. G. W„ Ist M.,
St. Jo. & Grand Isl., Ist..' 93
95
30,K34
Tex, & St. Louis. iBt wkSept
31,299
33
34
Inco'oes
Guar, by D. & R. G
53
Tol.A.A. &N. M. June
19,49b
Stock
20,317
124,099
Edison Kleclric Light
50
18>ii
loi'.s'ds
Union Pacific... July.
Texas & Pac— Scrip ls84. i'i"
2,304.990 2,375, 8!'9; 13,529,520 13,369,715
65
Sabs
40
Kcrip 1885
Vicksb'g & Mer. August
"'
120 "a
34,7191
35.382
262.413
293.540 Equit. Gas Co. of N. Y.
Tex.JiSt.L.MAADiv.,as.p
Vlcksb.Sh.&Pac. August
32,2971
26,235
210,809
99,741 Pi. Worth <6 Den. C.R.St,.
aiH
13
M. & A. Div., Ist mort.. 27
Wab. St. L. & P. Ausust... 1,132.306 1,427,537 8,962,964 9,710,010 Georgia Pac, Stock...
Gen. lat,ld.gr.& inc.as.n.
Ist mort., 68
99 Hi 100
IWeatJersey
July
169,5051 178,533
680,295
706.042
com,
stock.
mort
Tol,
&
O,
Ceu.
2d
43
Wisconsin Cent'l August. -107,8781 104,423
942,695
9'20,575
Henderson Brtilge— Bond 991.J 100
Tol. & O. Cen. lat 5s, gr.by
75V3
5I4
4',
Kct-ly Motor
Col. & Hock. Val. Itil. .
o Not including eaminga of New York Pennsylvania & Ohio roiKl.
20'4
Col.Uock.V.ATol.com.stk 19
Mexican National
6
t Not Including Ind. DeoatuT & Sprlngf. in either year.
60
Pref
12
]U. S. Electric Light
^Mexican currency.
Violisb. & Meridian
22',
8>a
Istmort
.'
62
Virginia Midl'nd, 68, inc.
M. K. AT.— Income scrip .
60
62
J And liranclies.
58
West N. Car.— OonsoL 68. 80 >«
N. Y. M. Un. Tel.-8tock
Merely freight and passenger earnings.

%8onora

26,014

Jul}-...

Bait. & Potomac August ..
2d WK Sei)t
BoBt. H. T. &

W

102. 8.M

10.900
63,4a»
180.010

I

.

I

I

.

i

i

I

—

—

I

'

—

I

I

I

.

.

'

,

.

—

—

I

1

.

{

"

.

—

.

.

II

Sbftkmbbr

THE CHRONICLF.

28, 188S.]

So5l

investment

1881S2.

-'Is

The Investors' SupiM-EMENT mntnins a complete exhibit of

and Cities and of the Stoc/is and
Bonds of Kaitrottds and oihtr Companies. It is published
on the last Saturday of emry other month~viz., Feliru ry,
April. June. Afit/u.st, October and December, and is fur-

Total

and

at

H per copy,

others tlian subscribers

to

earnings per train

mile-

Orom

Ex-

Scl

rarii'gs.

pm^e*.

earit'ns.

earti'yt.

1875-76.. *1 3;iO *l)79-0 $0 tiO
.^.^^
1876-77.. 13iS
7S-1
1877-78.. 127
7f.-7
50 3
73-7
45-3
1978-79.. 1 VI O
77-2
5(;-3
1870-80.. 13d-3

1880-81.. *1 2H0
18Hl-'2.. 13i-.">

Grn»s

188:-3:<..
188,1-W4..
1881-i-5..

Ex-

.V.

peiiies.

$.770
83-1

143

78-«
75-8

2
30 8

ijiD.'ilO

77 8

146-7

t

rarn'gn
ft3
fi3

7

6-4-«

650
1
Of dividends he remarks: " No dividend was paid during
the year because it Wtos deemed best to apply the net earnings
to the reduction of the floating debt. If the net earnings, as
heretofore, hid been divided among the shareholders, three
per cent could have been paid upon the capital stock, which,
with one exception, is as much as was paid in any year since

1873 when no dividend
period having been:"

Ver

1871
1871
1876
1877

was

declared, the dividends for that

3
3
21a

rer

Fercl.

ct.

3>3

2

1878
1870
1880
1881

2>3

2
3

el.

II3

1982
1883
ISS*

2
2

In conclusion the President says: "The gross revenue has
been maintained by the encouragement of local enterprise.',
and by the purchase and construction of branch roads which
act as feeders to the main line. The policy should be continued, and whenever the present floating debt can be
extinguished by the sale of the assets now held by this company, which are amply sufficient to do so, and the requisite
financial arrangements can be made, the Lebanon Branch
should be extended twenty miles to Carthage; the McMinnville Branch, six miles, to the Bon Air Coal Fields; the Fayetteville Branch, twenty-five miles, from Elora to Huntsville, and
the Jasper Branch up the Sequatchie Valley. No one familiar
with the products and resources of the country through which
these proposed extensions will pass can doubt but that they
would be paying investments, besides adding largely to the
business of the main line."
The following statistics have been prepared for the
icle:
fiscal resdlts.
1881-82.

1882-83.

539
$
580.560

Miles operated

Earning*—
Passenger
Freight

554
$

1883-84.

854
9

Chron1884-85.

580
»

621,171
1.513.873

663,618

649,737

1,5.59,765

LIS."*, 878

14-,477

148.703

155,101

2,074.583
1,240,991

2,2^3,523
1,274,855

2,372,086
l,3u3,440

2,240,719
1,304,002

333,592

1,008,068
55-80

1,063,640
54-94

936.717
58 01

1S83-S4.

1881-85.

Mall, express, rents. <ko..

1,363,355
130,068

Total gross e,irnliigs....
Total operating expenses.

i.i3.i;oo
3,0''O

i.'s.ao*
I.n.llt

I.:<Ht.OM

17.166.797 17,(13S,634 i7.e2O.e44

18,1(/MU

Alnhaiua Great Southern.— Application has been made te
the London Stock Exchange Committee to ip-ant a quotation
" shares of the Alabama Great Southern Railfor 30,000 "

A

Bankers'

Nnshville Chattanooga & St. Louis.
{For the year ending June 30, 1885.)
The report of the President, Mr. J. W. Tliomas, gives the
following comparison for tlie past ten years, showing the

i.'.3,ooo

3,890
91H,1A7

GENERAL INVESTMENT NEWS.
way Company

ANNUAL REPORTS.

153,000

013,303

(limited).

&

MerchantH' Telegrapb.— In the suit for th«
foreclosure of the divisional mortgage of |80O,f)OO liroiitrht by
the Farmers' Loan
Trust Company, as trustee, the United

&

Lines Telegraph Company has been permitted by Judge
Barrett to come in and defend the action, but he refused t»
apfKiint a receiver of the mortgsged property.
Beech Creek Clearfield & Southwestern.— There was *
meeting of the minority stockholders of the Beech 'Creek
Railroaid held in this city, and over $1,000,000 of the securities
of the road were represented. After denouncing the aotion
of Mr. Vanderbilt and his associates in the contemplated turning over of the line to the Pennsylvania Railroad, the capitalists represented prepared and sent formal notifications to the
Beech Creek Company and the Pennsylvania Railroad ( yompany that under no circumstances would the minority consent
to the transfer of their interests, and that they would fight
the matter, if necessary, to the court of List resort.
The directors of the Beech Creek l^'learfield & S( uthwes^
ern Railroad held a meeting in 'Sew York Wednesday.
Chauncey M. Depew offered a resi lution directing the ofHcers of the company to call upon the delinquent Fubscriheri
for the amount of their subscriptio»^!' and to begin legal proceedings if the subscriptions are not made good lief ore Oct
14.
As Mr. Depew is himself a delinquent In this matter the
resolution was received with unfeii^ned surprise. The amount
unpaid is said to he about ^325,000, of which the Vanderbilte
owe $200,000. There was no opposition to the resolution, and
it was carried unanimously.
The remainder of the ses-sion
was passed in discussing purely routine business.

—

—

& Lowell— Concord. After December 1 the conbetween the Boston & Ix)well and Concord roads may be
terminated, the former having given notice to that effect.
Canadian Pacific— North Shore.— A dispatch from MonBo<4ton

tract

treal, Sept. 23, said

:

"The negotiations

P. 0. operat'g ex. to e'rn'gs

59-81

the bonds, outstanding, $1,750,000, and !j500,000 for commo«
stock and investments in the road by the late proprietors."

—

Central of New Jersey, This company has just now made
the payment of the overdue August coupons on its first
mortgage bonds, amounting to $175,000. On the 1st of Ootober interest falls due on the $15,000,000 consolidated mortgage, on whichthe April coupon is yet overdue.

—

& Atlantic. The report for the year ending June
with the Ohio State Railroad Cotnmi-*sioners, gives
the figures from which the following comparison is made up :
Chicago

30, as filed

188.'i.
Change*.
1S84.
Sl,346,07« $1,447,713 Dec.$101.o37
1.098.559
1,213,901 uoc. 115.31S

Gross earnings
Operating expenses

Balance
Debit balance

1881-82.

Net eanil lilts
Mlsoellaueoas receipts...
Total income

Disburaements —
Interest on debt

& taxes

Uivldeiul.s

ExteiLilnns

New

ei|Ui|iineut, <to

1882-83.

Other Improvements

872,598
$
583,577
300,164
212.432
359,551

Total disbursements.

Balance

2,096,169

dcf. 1,223,571

936,717
11,947

1,035,915

1,097.712

948.064
$
682,273

$
650,972

$
662,320
266,802

i<>*'*«5

i«6>o"7

755,437 1,035,199
740,674
8ur330,478 siir.62,513 8ur207,990

OENERAI. BALANCE AT END OF EACH FISCAL YEAR.
1881-82.
1882-83.
1883-84.
1884-85.
A.8$£lS—'

Road and equipment
Asceta not available
Inv'tm'ts in sties & bonds
Bills receivable
Realestate
Due irom agents, &o

Cash
Total
LiabilUies Capital stock

$

£

payable

Bal'ce
Int'st
*

due indivld'ls. &o.
coup jas due July 1

itt

15,711,4S9 16,194,823 16,316,6.55 16.9.i0,242
439,353
352,876
•81,322
562,727
386,0-10
472,.590
46-i,940
481,314
7,187
8,387
1H.132
8,722
84,'i04
81,246
80,3ii4
02.461
121,946
19(>,988
188,919
250,436
416,530
323,006
300,217
204.408
17,160,'

97 17,635,531 17,920,514 18,108,314

$
6,670,33

Bonded debt (gee Sdpp't). 8,049,000
Bills

fR

6d9,0S8
102.494
279,610

0,070,331
8,7.57,000
5!I7,132

140.327
283,740

6,670,331
8,903,000
591,499
97,348
287.970

6,068,3r.3

8,998,000
467,208
42.947
290,905

$502,749 was charged off to " Road and Equipment" daring the year.

$77,365
$1,099,968

$02,924 Inc. $14,141
$749,175 Inc .$350,703

—

lines, has applied for the listing of $1,.")00.000 of G per cent
thirty-year first mortgage bonds, issued on 153 miles of road,
and the bonds have been placed on the list.
Chicago St. I'aul Minneapolis & Omaha.—The report for
the year ending June 30 made to the Railroad Commissioners
of Wisconsin contains the figures from which tlie following
is

made:
1885.

1884.

Gross earnings
Operating eipeuses

$--.»iO->.253
3.51J,-.'42

$5.8.%«.445

Net earnings
Taxes

$2,09i),011

$:,i9e.i'J8

58,4oi

J

$233,312 Inc. $14,305
170,888 Dec.
18«

Chicago & St. Loais. This company, which -was organized
January last, and bought the Chicago Pekin & .''outhwester*

comparison

^fdsm]
248,031

77,247

1,068,640
29,072

1,008,068

ImjiroN oineut of track..
Rr,t'ri,t"vte.".':."'.;.'"."':::

in

$

$
833,592
39,006

170,752

$248,117

Net earnines

INCOME ACCOUKT.
Xet Receipts—

for the tran-ifer of the

North Shore Railway from the Grand Trunk to the Canadiaa
Pacific have been completed. The charges upon the propertytaken over comprise the debt due the Government, $3,500,000;

Renta'8

Net earnings

f

in.39t
72.731

1,11S,A7H

MIscellaiK oils
Profit and loia

the Ftinded Debt of States

nished without eatra chnryeto allreiinlarsul>scribtrsof the
Chronicle. Extra copies are sold to gubscrihers of the

held by U.S.

188't'ia.

»
2t.ei2
7.V490

1.t.0R3
Art.VMI

t

76,«<i6
I

CiiBONicLE at 50 cents each,

1863-84.

1882-63.

»
n».oi

JtSD

$22?,S78
50.555

Rentals
Ix>e8

on proprietary roads

Interest.

Balance

Land

rales

Total not income
Dividends

$214,896
42,430

11,61*1

Total

Balance.

3,670,317

,

,

*281.8-.;4

$257,320

$1,80S'87

$l,928.80.j

Change*.
Deo. $'i54.l9Z
Deo. 158.075

$9f,llT
$7,»8«
8,12»
Inc.
11,691
(uu.

Deo.

Inc.

Inc.

$27,498

1,142,2-27

1,168.035

Dec. $123.61S
1 d,40S
Dec.

$i6-.\900

$770,167
59J.123

Deo. $107,407
18,735
Inc.

OO-f.SJS

$1,271,818
731,092

$1. 300.290

De"-.

787,976

Dtp.

88.473
56,284

$.-i72.3l4 Dec. $1-2,188
$540,120
$S87,931 *l,fi66,729 Dec. $778,748
Cincinnati Hamilton & Dayton.—Tlie Cincinnati if;i<7!tir#r
says: " It will be remembered that sometime ago the Superior Court, of this city, enjoined Hugh J. Jewett from voting

Surplus
Pali for construcfn&euuip...

THE CHRONICLE

36(5

[Vol.

XLI.

Green Bay Winona & St. Panl.— The report of the Green
for directors of the Cincinnati
a proxy at the annual election
Winona & St. Paul to the Railroad Commissioners of
Bay
e
E
enjomed he
Hamilton & Dayton Railroad, and also
for the year ending June 30, makes the following
Illinois,
Couit
The
proxy.
Railroad Company from receiving the
comparison:
Mr.
and
Road
that the agreement between the Erie
Ohnnaea.
1894.
18S5.
Hamilton & Dayton
Dec. $97,928
$101,118
$303,190
jl^tt and the trustees of the Cincinnati
fiarnines
Proctor & Gamble flross
Dec. 26,0n
296,;^'.iB
§reratl«ro"?en8eBV.... -..-... 2T0,lt7
invalid, and therefore Toid. Yesterday
stockholders of the Cincinnati Hamilton & Dayton
rnd
Dec. $71,847
$104,800
$33,'>43
back o
Net
luc. 20.128
82,453
Company- filed suit to compel the trustees to transfer
10^,580
^^ich stood on the Interest and taxes
the company the 20.000 shares of stock
Erie
the
of
benefit
Sur.$22,432
the
$69,513
for
Def.
Balance
books inthe name of Mr. Jewett
of stock s'lould be
Railroad. They say that these certificates
Lake Erie & Western.- At the meeting of bondholders of
Jevvett
which
under
different
agreement
transferred back, since the
this company on Wednesday, about $1,500,000 of the
should be rerepresented. A committee of seven, consisting of
was
held them vas declared void, and that they
classes
A request was Thomas C. Piatt, Frank C. HoUins, Elijah Smith, H. W.
issued for the benefit of the stockholders.
hav ng
made of the trustees to make the transfer andtothey
C. Calhoun, W. A. Read and Lucius Ashley, was
grant the Smith, J.
them
failed to do so, this suit is to compel
appointed to form a plan of reorganization.
^
Delaware
request.
—At Muncie, Ind., Sept. 20, suit was begun in theNew
York
of
Glohe-Bemocrat
Company
Loms
Trust
Central
St.
the
Circuit Court by
Dallas & Northwestern.-The
Jay Gcould and his vs. the Lake Erie & Western Railway, to foreclose mortgages
says that the negotiations pending between
Dal as & Northwestern aggregating $3,300,000.
associates and the incorporators of the
the
termination,
Railroad have been brought to a successful
Memphis & Charleston—East Tennessee Virginia & Georportion
Gould party agrees for a certain bonus to combine that
—The formal transfer of the controlling interest in the
gia
and Denton with the stock of the Memphis & Charleston Riilroad was made to the
of the Missouri Pacific between Dallas
the
Northwestern system, and to at once build and extend
Central Trust Company Thursday by Calvin S. Brice, Samuel
due time thence to an
line from Denton to Decatur, and in
Thomas and associates, thus giving the control of the propthe Texas
intersection with the Denver & New Orleans in
erty to the East Tennessee Virginia & Georgia Railroad. The
|

dld^
wM

oS;

,

,

stock will be held in trust for the consolidated bonds of the

Panhandle.

of
Denver & Rio Grande.—The trustees under the Denver & latter company. The means for the purchase of the block
formally stock came, it is understood, from the proceeds of the sale of
Rio Grande Railway consolidated mortgage have

&Ohio
|3 000,000 of the first mortgage bonds of theKnoxville
Railroad at par, the balance of the amount thus received
being applied to the payment of .$800,000 of the floating debt
of the East Tennessee Road.
been
to Oct. IT.
Memphis & Cliarleston.—The gross and net earnings for
Denver & Rio Grande Western.— President Palmer reports August, and for two months from July 1, have been
assented to
Julu 1 lo Ang. 31
-Angusl
that a larc'e number of bondholders have already
1884.
1885.
1881.
and with
. 1«85.
the proposed plan of settlement without foreclosure,
$220,134
$179, 6J0
$114, B63
$;)5,324
have Gross earninirs
144,117
the assents of foreign bondholders they soon hope to
132,620
70,337
63,880
There Operating expeimea.
a majority of the whole amount outstanding.
TG,017
foreclosure,
^74.276
47.020
31.944
Net earnings
are manv advantages in a reorganization without
Iowa & Nebraska.- Receiver Thatcher, of the
and as the interest on the bonds is not to be scaled down perMissouri
manently, it is probable that the bondholders will assent to Missouri Iowa & Nebraka Railroad, took possession of the
the proposed plan.
property Sept. 33.
Dixon Peoria & Hannibal— Chicago Bnrling:ton &
Missouri Pacific.- A press dispatch from Topeka, Kansas,
HanPeoria
Dixon
&
the
Oiiincy —The mortgage trustees of
September 17, said: "The charter of the Missouri Pacific in
with
a
conformity
in
that
announce
nibal Railroad Company
Kansas was filed to-day with a capital stock of $3,000,000.
Hannibal and
traflic contract between the Dixon Peoria &
The directors" names are Jay Gould, of New York H. M.
that
given
is
notice
companies,
Quincy
Chicago Burlington &
Hoxie and D. S. S. Smith, of St. Louis W. W. Fagan and
the sum of $609,000 is applicable to the purchase of Dixon A D. Everst, of Atchison C. E. Faulkner and A. M. Claflin,
J. C. Woods, of
Peoria & Hannibal bonds at not above par and accrued inter- of Salina S. G. P. Bryant, of Lincoln
received until Oct.
est, on proposals of holders, which will be
Stockton, and Volney Ball, of Colorado. The Missouri Pacific
8. 1885.
has purchased the franchise of what is known as the Topeka
Dnbuciue & Sionx City.— At the last annual meeting'of the S;ilina & Western Railroad, a part of that which has been
Dubuque & Sioux City Railroad, President Jesup called atten- graded and tracked. The scheme is to complete this line and
Ottawa and
tion to the fact that the existing lease of the road to Illinois make a connection with the Missouri Pacific at
Central will expire October 1, 1887, unless that company extend the new road from Salina northwesterly to an interto Denver,
elects at hast six months prior to that time to renew the lease section with the Central Branch Road and thence
Five
in perpetuity upon present terms. He also stated that Illinois making a through route from Kansas to St. Louis.
Central had given him no intimation what course they hundred men were sent West to-day to begin the work. The
1."
intended to take; also that if they should not renew the lease, line is to be finished to Salina by December
there were several other railroad companies with which favorOhio.— The gross and net earnings for July, 1884
&
Mobile
able terms could undoubtedly bo made for a lease if desirable. and 1885, have been as foUows:
IHoo.
1834.
He thought, however, that it might be more advantageous for
the company to operate its lines under its own management. GroBsearninss
^Vi^'^E
^'l?'<m
ll^ .lot,
j.Z3,-j^
Bxpensea
railroad "expert has made the following estimate of the Oiieraliug
Det. .$1,464
company's necessities at expiration of the lease. Cost of new
.-•. ^„ »3-.31
NetoarniniTS
equipment, $350,000; payment for construction and real
For the fiscal years ending June 30, 1885 and 1884, earnmgs
estate, ^250,000; matured 5 per cent notes, $395,000; total,
'^^'^^
188.i.
18=14.
Provision can be made for contingency above
§795, 000.
for
referred to in the following manner: Reserve net earnings
,lSb
i,5,b
1.547,4o8
Operating expenses
the next two years, estimating the same at least 4 per cent per
$524,840
notes,
$731,1S0
annum, .'i;400,UOO; interest on above, accruing, $15,000;
Nfttearnings
mortgages of Iowa Land & Loan Company, with interest to
York Chicago & St. Lonis.—The report of large judgNew
assets
lands
and
other
value
of
Oct., 1887, $S64,800; present
ments entered against this company at Cleveland, and the
estimated
reserve
$114,000
was the occasion of
Iowa Land & Loan Company,
filing of an answer in certain suits,
fund at termination of lease, $393,800; in adiition, Dubuque much comment in Wall Street. The transactions were reSioux
the
Dubuque
owed
&
Company
Railroad
& Dakota
garded as a species of skirmishing by means of legal techmShould the board decide to adopt tlie calities for the purpose of delaying the mortgage bondholders
City $126,247.
above plan, the company will have no floating debt; first divi- in their suits, though no fear of their success was entertained,
sion of 100 miles will have no funded debt; second division of as the price of the bonds immediately advanced. It is hardly
80 miles, bonded debt of $586,000. Bonds of second division necessary to say that skirmishing of this sorr, with a view of
now bear 7 per cent interest, but at maturity in 1894 can prob- defeating what is believed to be a plain and well-established
ably be replaced by a 4 or 5 per cent liond, and tlien only ri.'ht, is not looked upon with any favor by the better class of
interest charges upon the wliole 143 miles will be about bankers and investors. The account of the suit was given in
$26,000, or less thnn $200 per mile. The bo^rd of directors a dispatch to the Tribune of September 23, viz.
resolved to increase the necessary fund (now amounting to
•'CLKVELAND. Sept. 21 SptctaO-— I" the ('oiuiuon Pleas Coiirt to-lay
??',!"'' 1.''?,,?"'!^, wiTw
over $400,000, assets of Iowa Land & Loan Company), already juls.MHDts .Mi till! (oRTK.vit notes wiTC reudjre^
of New
St. Louis Railroad In frtvorof H. B. lloUms & Co.,
riiiwiC'iA
set apart for the purpose of independent operations; that unlei-s
$1,841,042 nnil $257,41h respectively and lo favor of the
f.
York
the present condition of affairs changes, that no dividend be I>ike'siiore Railroou ronipany for $373,'iOt;. Tliese notes are al! signed
declared after this date for two years, and net earnings of the livW K VaiKlcrbilt. President, and P. W. Vanderbilt, Treasurer of the
bear interest at 6 per cent. The pr.initsanr.i- nolA-s upon
company be reserved to be used for above purposes when company, and
JudgmentH were conterrea were given on Oeceuilier I. 1884,
required. Officers will apply the same to take up whole or a which tile
In t''?
Maroli 24, 18S.5. and Se|)te...l.er 2, 1885. respectivel.v.
""'i
and
portion of $295,000 indebtedness above referred to.
entered some time Bifo by the Union Trnst Company ot -New YorkI..iiai8
trustee, against the New Y'ork Chicago Ji Bt.
McClellan.
A.
O.
C
East Tennessee Virginia & Georgia. The gross and net
ain^muting
w.
niortgaiti-s
foreclosures
iw.,...>-..T>..vo
..f
ii't the
luir
asking for
Cnmniiuv. Mwnuii;
l>omu:iii.\.
„.
,.,
Railroad
llailroau
...
Xn Vx.t..
.,...*
..^..T..n on 1 .>»..aa lii.tlti.^ll
was I| 16(1
perltlou Wfth
earnings by months are as follows
to about «;.'i,00i>,000, an important answer anl cr.«s
coiiipauy
He claims that the manner in which thecompiiuies
Jfet earninfja
tiy Judge Ranucy.
-Oroes ear>ii»gs.'1S8.T
188-1.
1884.
1H8I.
was orgaiiizeil in Ohio, that is. by the consolidation of thn
'"'<>
$27h.037
Jnly...
$298,824
$131,328 which weie formed in New York, Pouusylvai.ia. Ohio, IikI;!*''*
$9(M61
existence. lUo niorc124.697
133,345
lilliiols, isllIeK;il, and tliat the road ha^ no Icgiil
Aaguet
312,723
328,496

bondholders
declared the principal due, the majority of the
having so re'iuested through the Coppell Committee. This
committee now reports that over $12,000,000 of bonds have
is limited
deposited; the time for bondholders to come

m

—

;

;

;

;

;

A

;

(

11-

—

'^

.

:

,

'Eotal,

2 inos. $590,760

$327,320

$214,858

...

L

..

,
i

.

$264,673

this coueaecs. therefore, which were given to secure bouds l.-sued by
why the
solldated company are absolutely nuU and void. The reisoa

Septbmbkr
company

THE CHRONICLE.

28, 1885.]

wnii lllcrKllv oririiulMul.

unilKr iholnwdor (>hli> no riilln-i'
Sollilall' Willi (' 'lli|iiili|(>H (if oil
COIlHollilHlliiIl i.f lllr>
Ynrk .\
of IliK Hiilliili) Ckni-Lind
Cli|.-,i.

iiR

itlvcn

by

Now

JiiiIk« Kniiiioy, Ih IImU,
"hlri thU Stuto can (><in
iiK Olilo.
TliiiH iIki

Coini»tiny with lliifct
*
i>;iTlv of New York iiii<l
Willi tlifl Nmy -Hoik AChloait" KiiuroiulCoiiiiiiin.v of IIIIiioIh w»« wIi
limit
BUtlloiItv of liiw. Tllo rniirt. Ih iiHkciI to ilooliini lllo iii"it»;tli!('S itlvmi liy
liio I'oimolliliitril coiaiittiiy to
mioimi thf coimtnirlloii, o>|iilpiii«iil> ii'iil
oporatliiK lioiuls void, to liavo tlii roculvcr hbII tlin iiroperty uiiil illvldii
till) prociiMls iiro
rata upon iiucU aolual IndobtodiioM its tUo court bIiuII
<'i

nud toexlat."

The

in (froM,

rpport for the year omlinc; June 30, as filed witli the
t -Dininissioner, furnishes the following compari-

son:
1881-35.
$1,34(1,678

Grofls pnrnlnga
I'.xpouaea

1,0*8,559

Xet earuluKs

$2*8,117
170,752

Rontalg

1S83-S4.
$1,4.17.713
1,213,001

Ine. or Dte.

Deo.$101,037
Deo. 115,342

.

New York & New England.—The time for exchanging New
iork & New England car trust certificates into second mort-

gage per cent bonds, scaled to 3 per cent, closed at 3 o'clock
September 19, with this result:
Xxehangtd. Outttand'ii
$2!),0II0
$857,000
159,000
19«,00i>

Total issue,

A

$886,009
335,000

;

Sodea B

$1,241,000

$1,010,000
522.1,000
in progresi at Hartford

The sale'of Series "A" equipment was
Thursday and Friday of this week, and the only bidder was Mr.

compared with

»2,83(5,94IJ in net,

1864.

the hiie't wpHt of Pittoburg the net returnH »how n decr«M»
of f 193,0a:i hi A tiK'iirt, ISHr), compnred with Anifunt,
lb*!, and a
decrease of |4«(,l)l« for the ei^ht monthM in 1880.
tiHKR KABT or rimuvHn akd kkib.

Ornu Bamina:

,

ITtt

.

Marnintii.——^

188S.

1<«»4.

»«,M0,«-.9
1,1«0.019
1,019,012

$2'),3.'l,'{,240

.i,««5,i05
3,95it,308

AiiKiMt

,

1HH4.

188.1.

Jan. 1 to June 30. $21,310,503

3.o«n.nM5
4,617,891

^

t<»,U2,244
1,3P»,I1B
2,1.11.507

Tut«18moB.... $28,9K1,004 $11,940^228
$9.:»8,B20 $7r'l.14.865
As to the lines west of I'ittsburg and Erie, the monthlr
renortB issued in IH8i and for the current year show the reniilts
below. The compuny'g returns, however, state a loss for the
eight months in the present year, compared with the year

$233,812 IDO, $14,30%
170,883 Doc.
13B

B»l»iico
$77,365
$82,924 Inc $14,441
This statement does not take any account of accruing interest, and gives only tlie rentals actually paid.

and

On

inlr

Oluo Riilroad

§«'!<»

fi,m,m

857

Lmng WEST OF prrrgBORO a

kri>.

Net Surpltu over all Liabllltle*.
1885.
Jui.1 toJnneSO.

DBf.$88fi,0n8
Def.
1 27,6,17
Dor.
173.669

Def. $724,490

DfC.

3,163
18,954

Dec.

102:^

Total 8 mo«....Def.$l, 187.314

Def. $702,368

Dec.

$484,MB

July
Angiut

.

.

$I61U»S

Philadelphia & Rending.— In the suit by holders of a<ljtu)iscrip to compel the trustee, S. W. Bell, to sell the income
bonds held as collateral, the Master in Philadelphia last week
reported against the application. Judges Ludlow and YerkeB
heard argument this week ujion the exceptions taken to the
decision of the Master, Counsel for complainant urged that ff

mont

their prayer for the sale of the entire $3,000,000 of bonds was
refused, the Court should order a sale of one-tenth of the bonds,
representing the security of the plaintiffs as holders of onetenth of the issue of the scrip.

Paul & Dulntli.— The board of directors of the St. Paul
Duluth road met at the offices of the company in St. Paul
and voted to give the President, Mr. W. H. Fishor, the authorhas been postponed by order of the Court to October 32.
ity to select the best property, either in West Superior at Rices
The net earninps for the month of August, 1885, were Point or in Duluth near the company's present terminus, for
$143,000, against $91,000 in 1884— increase, $52,000,
the new terminals, which will consist of tWb'hew flour ware;„
houses with an aggregate storage capacity of 75,000 barrel*.
New Yorli West Shore & BnfTalo.—The foreclosure smt New
coal docks with machinery and appliantea, and such yard
came up before Judge Brown at Newliurgh September 19, and
tracks as may be requisite, the cost of all not to ezce^
after Eome dis( u.'-sion among counsel as to the form of the
decree and tlie limit of price under which the propertv should $3.50,000.
There is no confirmation of the report that the Chicago Burnot be sold, the matter was adjourned one week to Sept. 26,
lington & Quincy had obtained control of this company.
to await the adjustment of certain claims taking precedence
Southern Pacific Company.—The following are the earn©f the first mortgage bonds.
C. P. Clark, for the bondholders, who purchased rolling stock
to the extent of |4G9,n80, which is reported as 53 per cent of
the face of the car trust certificates. The sale of Series " B"

St.

&

—

.^

Nortliern Central.

and from January

1,

Gross eamirfrs
Operating ojiiensea...

—The

ings and expenses of the Atlantic System of roads:

earnings and expenses for Aug.

in 1884 and 1885, have been
-Augiut.1885.
1884.

$451,370
270,885

Net eainlnga.... $180,484

$510,427
291,533

:

—

Jan. 1 to Aug. 3]
1884.
1885.
$3,460,864 $3,60-<,I97
2,126,141
2,269,710
.

,

$218,889 $1,334,722 $1,338,487

Ohio Central.— The receiver reports for the year ending June 30 to the Ohio Railroad Commissioners as follows
Gross earnings, ifl, 028,055; operating expenses, $843,727; net
earnings, $184,328; rentals of equipment, &c,, $111,4H1; net,
$73,847; paid for construction and equipment, $35,473; surplus, $37,375.

&

Mississippi.—The report to the Ohio State Commissioners for the year ending Jime 30 shows that the gross
earnings amounted to $3,645,407. The total operating expenses were $3,670,736. The net earnings were $974,731.
OIlio

Paclflc Mail Steamshi|) Company.— Commissioner of Railroads John.ston has received from C. P. Huntington, of the
Central Pacific Railroad, an answer to his inquiry concerning
the payment of subsidies to the Pacific Mail Steamship
Company. Mr. Huntington forwards a copy of an agreement entered into by all the Pacific railroads to give the
Pacific Mail Steamship Company $85,000 or its equivalent in
freight every month. This last agreement is dated June,
1885, and differs from the agreements already on file in the
Commissioner's office in that it embraces other roads than the
Central and Union Pacific. Mr. Huntington maintains that
the combination was formed for the interest of all concerned,
and that the roads could not get along without it.
The receipts of the company from traffic are said to be
about $-30,000 per month, leaving about ijioo.OOO to be paid in
cash. The Boston Herald says that of thi.s the Union Pacific
pays 54 per cent and the Centril Pacific 46 per cent, hut both
of these companies are reimbursed by the other Pacific lines
who are parties to the arrangement, in the proportion of
traffic as shown by the Western Trunk Line Association.
The actual cash payments of the Union Pacific Company are
whittled down by reimbursement to $12,000 or $14,000 per
month. The net casli payments of the Central Pacifit; is not
known, but is believed to be somewhat larger. The Government has no jurisdiction over the non-subsidized roads, and
the amount of loss to the Pacific Mail from a suspension of
payments by the roads enjoying Government subsidy would
not he large. The baneful result would rather come, if at till,
through the disruption of the agreement between the Pacific
Mail and the railroad lines.

,

July.
Gal. Har. <fe San

Gross Earnings.
1885.
1884.

-Ntt Earnings.———
1881.
1884.

.

Ant $23.1,738

$198,569

83,434

64,f>27

42,.1f.0

$48,265
21,729

250,419

20,323
203,227

$91,864
37,6S8
20,217
51,803

Total
$612,151
Jan. 1 to July 3 1—
& Shu Ant:.$I, 633,123
Tex. & Now Orleans.
532.782
LoHinIana West
330,373
Morgan's Lino
2,109,425

$486,746

$201,577

$112,643

$1,492,057
466,005
248,124
1,839,809

$700,818
22 i, 499
169,161

$279,649
164,844

61>*,.54t)

519,131

$1,712,324

$1,036,146

lex. & New Orleaua.
Louisiana West
Morgan's Line

Gal. Har.

Total

$4,045,993

$4,80.5,703

Sonth Pennsylvauia— Philadelphia

1,265

41.884

93,.l22

& Reading.— At

&

Har-

risburg, Penn., Sept. 33, the Philadelphia
Reading Railroad
and Coal
Iron Company filed a bill in equity against thfe
South Pennsylvania Company to restrain it from transferring
its leases and contracts with the syndicate and praying that
the defendants be compelled to fulfill their part of the contract entered into, and complete the road, or else pay $180,000
to the P.
R. for money expended by it. Accompanying the
petition are the agreements made between the Philadelphia
Reading and the railroads and construction company, whereby

&

&

&

the construction of the South Pennsylvania Railroad and
conection with the Philadelphia
Reading companies
were entered upon.
The complaint of the AttorneyGeneral previously filed was for the violation of the conThe present bill complains of violastitutional provisions.
tions of the contract'^ entered into by the South Pennsylvania
Company with the Philadelphia Reading.

&

its

&

Texas &

—The

bondholders' committee publishes
notice that a majority of each class of bonds having been
deposited with the Farmers' Loan & Trust Company, under
the circular and plan dated Aug. 28, 1885, offers made after
the 38th of September to join the plan will be received only on
the condition of a payment of 3 per cent on first mortgage
bonds, general first mortgage bonds and cash deposit certificates, and a payment of 1 per cent on second mortgage bonds
St. Lonis.

and stock.
Toledo Cincinnati

& St. Louis.— At Philadelphia, in the
case of Charles L. Willard against David B. Paul, trustee, to
St.
enforce the sale of rolling -stock of the Toledo Cincinnati
Louis Railroad Company, Judge Butler made a decree authorizing the trustee to sell the cars at public sale at Toledo in
such lots as should be deemed advisable after three weeks'
notice by advertisement.

&

Wabash St. Louis
forecloi-ure of the fi^^•t
of the

Wabash

St.

&

Pacific.- The Court has ordered the
mortgage of the Indianapolis Division

Louis

&

Pacific, for default of interest.

Pennsylvania Railroad.—The gross and net earnings in The amount of these bonds outstandingis $3,000,000, and no
August, and for eight montlis, are specially compiled for interest has been paid thereon since December, 1883. The
the CURONICLE in the tables below. In August, 188.5, there report made by the receiver about a month ago shows that
expenses,
^"U'/v?®*^'®^^ °^ $661,.588 in gross earnings and a decrease this division of the Wabash earned $88,535 over
of
$503,495 in net, and for the eight months a decrease of exclusive of any charge for interest or rental in the year end-

THE CHRONICLE.

358

of
ing May, 1885. It will now be surrendered to the trustee
the mortgage or to a receiver.
-,„ ,
u
—By cable dispatches received at the office of the Wabast
learned
St Louis & Pacilic Railway Company yesterday, it was
of the
that at London and New York the assent of $9,112,000
liad
eeneral mortgage bonds to the plan of reorganization
Seen given. The purchasing committee will issue a notice
next week limiting the time in which the bondholders may
assent to the plan. The notice will probably be for a month.

[Vol.

XU.

%\it (£j(snx\ntxtm\ gimes.

,

COMMERCIAL EPITOME.
Friday Night,

Sept. 35, 1885,

The weather has been unseasonably cold during most of the
past week in all latitudes, and at some points in the North
snow has fallen, giving an uausually early foretaste of winter.
But fine weather has followed, and a genial autumn season
looks reasonable again and is anticipated. The improvement
in general trade, which we have recently noticed, gains force
with its progress. The great depression in coal has been partially removed, and manufacturers are more fully employed.
Still there is no speculation in goods, and apparently little
advance in prices is anticipated. That they have ceased to
lose money is, with vast numbers of business men, sufficient
cause for congratulation, and moderate profits are accepted

Bailroad Bonds Carrying Overdue Interest— There are
a number of mortgage bonds now selling at the Exchanges
which carry overdue coupons going with the bonds at the
chase price. For the convenience of buyers the list below
been compiled, showing the percentage of overdue and
unpaid interest on all the principal bonds sold at the
Exchanges, on which there is an existing and unsettled default
on one or more coupons. The purport of this list should be
clearly understood, as it does not apply to accrued interest on
running coupons that are not yet due nor does it include
those bonds on which a settlement of some sort has been
offered and presumably accepted, as, for instance, the Texas &
Pacific, Rio Grande Division, and some other bonds, on which
with satisfaction.
half cash and half scrip are paid at each coupon period. The
Lard futures have further declined in the past week. The
coupons overdue are given as of October 1, since the present
date is so near that period. The point of the matter is simply free receipts from the West, to deliver on October contracts,
this that when a buyer pays 68 for an Erie 2d consol. bond, have caused a severe pressure to sell, under which prices have
or 80 for a Richmond & Danville debenture mortgage bond,
given way. The close this afternoon is at 6'16c. for October,
his price carries with it in the first case 9 per cent, and in the
6*24c. for November, 6'28o. for December. 6"37c. for January
coupons;
and
unpaid
and
latter 15 per cent, of overdue
Bimilarly in the purchase of other bonds the percentage of and 6 44c. for February. Spot lard has also declined, and
interest overdue in each case.
closes at 610c. for prime city and 6-30o. for prime Western.

C

;

:

Coupon
last

paid.
Buffalo N. Y.

&

2(liunrt.,78,

Warnn &

Pliiladelpliia— 1st 68, 1896...

l.'.t niort. on branclies, 68, 1912
New Jersey— Con. 78, 1899
Debenture 6s, 1908
American Dock & Imp. 58, 1921
Denver A Rio Grande-lst 7s, 1900
l8t einsol. 78. 1910
General mort. 53, 1913
Denver iSt Kio Grande West. -Ist 68,1911
East TeniH'ssoe Va. & Ga.— Con. 58. 1930
Green liav Winona & St. Paul-lst 6s, 1911..
2din oi'ne 8s, 1911
Boust. & Tex. Cent.— 1st. main line, 7s, 1891.
l8t, WesteiMi Division. 7s. 1891
1st. Wacii & Northwest, 78, 1901
Land ;jcrant 88, 1913
General niort., 69. 1925
Iiakc Krie & Western— 1st 6s, 1919
Sandusky Division 1st 6s, 1919
Lafayette Bloom. & Mnneie, Ist 6s, 1919. ..
Mexican National — 1st 6s. 1912
New York <hi(;iffo<fcSt. L.— Ist 6r, 1921
2dmort6s, 1923
EcjUilHiient 7s, 1885-1894
New York City & Nortliein—Gon. 69, 1910 ..
Kow York Lake Erie & W.-2d eon. 6s. 1969.
New York & New England— 2d 6s. 1902
New York West Sliore A; linfTulo-lst 5s, 1931
OlJio Central -River Division, •'f, 1922
Oregon & California— 1st 68. 1921
2(178. 1933
Plilladtliibia & Reading- General 78, 1908.
General 6s, 1908
Income 78, 1896
Consol. 1st series, 58, 1933
Oousnl. 2d series. 5s, 1933
Delientnre 68, 1893
Debenture convertible 78, 1893
Convertilple adjnstment 8erii), 68, 1888
Pit1>*1)urf.' * Western- 1st 6^. 1921
Pittalmrs; Bradford & BntTalo, Ist 68. 1911.
KieUnioud & AllcKbany— Isl 7s. 1920
Kiclmimd DmviUe— Debenture 68, 1927...
SlicnHndcjah Valley— Ut 78, 1909
Gennal mortgage. 6s, 1921
Texas & .St. Louis— M. & A. div., 6s, 1911
Texas. 1st 63. 1910
Toledo Ciucinnati & St. Loni8-lst68, 1921..
Toledo iJelphos & BurlliiKtou, l8t 69, 1910
Wabash St. Louis & Pac.— Gen. mort 68, 1920
Champaign Havana & Western, 68, 1910
Istpref. convertible 78. 1909
CliiCMgo Division, 1st 5s. 1910
Cairo Division, 1st 58, 19J1
Detroit Division, 6s, 1921
Indianapolis Division. 68, 1921
IndianaiioUs Peru &, Chicago. 78, 1921...
Havana Rantoul & Eastern, 78, 1897
Iowa Division, 63, 1921

Central of

.

fs.

WabashTolodo

ife

Illinois, 7s,

Lake Erie Wabash &

1890

St. L., Ts, 1890...
Great Western, 1st 7s, 1888
Sulncy & Toledo, 7s, 1890
liuois & Southern Iowa, 68. 1912
Toledo & Wabash, 2d 78. 1893
Wabash & Western, 2d 7s, 1893
Great Western,2d 78. 1893
Consol. mort., 78, 1907
Decatur & EastSt. Lo>d8, Ist 78, 1889....
Pnndcddebt. 6«, 1907
Funded debt, 78, 1907

Mort. 8inkintf fund. 78, lii09

Hannibal &Naples-l8t

78,

1909

Bt Louis Kansisatv & No.— Ist 78, 1895
Real estate and railway. 2d 78, 1895
Omaha Division, 78, 1919
„.
Cnarinda Branch, 68, 1919
Toledo Peoria & Weatcrn— Ist 78, 1917

QulMpy Mlssoun

&

Pacltlc -Ist 69.

1909

1885

•Ian.,

Juno, 1885
Feb.. 1S85
Apill, 1884
April, 1884

1908

Franklin Ist, 78, 1896
Central Iowa— Eastern Division 63, 1912
IlliiioiK Division 6s, 1912

April,
April,

1881
1885

Anitnfint.

overdue t£

unpaid
Oct. 1, '85.

3

1%
3»2

9
9
9

Nov., 1884

3I3
3

Jan., 1885

2 In

Nov., 1884

31a
1013
713

Jan., 1881
April, 1881

Mch., 1884
July, 1884

9
5

Aug., 1S81
Nov., 18-14

6
4

1884
1*84
1834
1884
1884
18S5
1885
1884
18S3
1884
1885
1884
1881
1883
1885
1884
1883
1884
18'4
1'84
1884
1881
1884
1884
1884
1884
1884
1835

7
7
7

J"1.V,

July.
July,
Oct..
Oct.,

Feb.,
Feb..

Nov.,
Oct.,

Dec.,

Mch.,
Oct.,

Nov.,
Dee.,
Feb.,
Jan.,

Mch..
Jiily,

Oct.,

July,
July,
Deo.,

May,
Feb.,
Jau.,
Jan.,
Jan.,
Jan..

Oct., l.b84
Jan.. 1883

April,

1883

Jan., 1885

8

6
3
3
3
12
3
3

7
21
9
3
713

15
6
7
7
6
lOia
5
7'2

9
10>-3

9
3
6
171s

15
3I3

1884

6

Mch., 1883

15
15
18
18

Oct.,

Dec, 1883
July, 1882
July, 1882
Dec, 1883
Dec, 1883
Jan., 1884
Jan 1885
Jan., 1834
Jan., 1884
Dec, 1833
Jan., 1885
Jan., 1834
Mch., 1884
,

1884
1881
1884
1884
1884
1884
1884
1884
1884
1881
1884
1834
Oct., 1881
Dec, 1884
Jan., 1885
Mch., 1885
Oct., 1884
Aug., 1884
April, 1884
Jan.. 1S81
Aug.,
Aug.,
Aug.,
Nov.,
Aug.,
Nov.,
Nov.,
Nov.,
Nov.,
Aug.,
Aug.,
Aug.,

9

9
IOI3
21a
713

9

9
31fl

lOi*

9
7

7
7
31a

6

S^
3I3
3ia
514

7
6
7
7
31a
31a
31a

7
6
IOI3

9

Refined for the Continent is quoted at 6'50c., with several
thousand tierces reported sold in a day or two on private
terms, Pork is dull at $9 75@|10 for mess. Cut meats have
been rather more active at 5%@ 6%c. for pickled bellies, lOJ^
@10J^c. for hams and 4^^c. for shoulders. Smoked hams are
quoted at 11 }^@ 13c. and shoulders at 5fgC. India mess beef
is dull at $17@|18 per tierce; extra mess nominal at |10, and
packet $11@$13 per bbl. beef hams are firmer at |15 .50 per bbl.
Tallow has been fairly active, but is easier at 5>^@5 5-16c.
;

Oleomargarine

is

quoted at 6J^@7c. and stearine G^@6J^c,

Butter is quiet at 15@223^c. for creamery. Cheese is firmer
at 5?4@8i^c. for State factory. The following is a comparative summary of aggregate exports from Oct. 27 to Sept. 19.
Pork
Bacon
Lard

lbs.
lbs.
lbs.

1834-85
47,012,003
398,459,245
257,181,332

1883-81
33,475,800
314,240,051
197,011,315

Inc. 13,546,200
Inc. 81,219,191
Inc. 60,170,037

The speculation in Rio coffee was rather dull until toward
when prices became stronger, and to-day there was

the close,

a further improvement, closing with buyers at 6 '850. for Oct.,
Coffee on the
6"90c. for Dec. and Jan. and 7'05c, for March.
spot has also been more active and to-day there were liberal
sales of Java, part at 14%c.; fair cargoes Rio are quoted at
8)^c.
Raw sugars have been quieter but about steady, closing
Refined sugars are
at 5 7-lC@5^gC. for fair to good refining.
somewhat unsettled at 7@7a8C. for hards and 6J^@6^c. for
Molasses was very active early in the week, but
soft white.
closes quiet at 17i^c. for 50-degree8 test. The auction sales of
teas have gone off without new feature.
Kentucky tobacco has been more active, the sales for the
week amounting to 600 hhds., of which 450 hhds. for export,
at prices ranging from 6)^ to lie. for lugs and leaf. Saed leaf
has continued in good demand, and yet with less activity than
heretofore noticed; sales for the week 1850 cases, as follows:
550 cases 1884 crop Pennsylvania Havana seed, 4@ 16c. 350
cases 1884 crop do. seed leaf, 8@ 11 J^c; 100 cases 18S1 crop
do. do., 6@ lie; 200 cases 1834. crop Dutch, 10@lli.^c.; 350
cases 1881 crop New England Havana seed, 1.3@25c. and 400
cases 1884 crop State Havana, 9@llc. Also 400 bales Havana,
;

60c.@$l

10.

in crude petroleum has been quite brisk
throughout the week, and prices have been variable and unsettled, yet showiag no wide fluctuations nor developing features of interest. The close this afternoon is at il@$lj^;
crude in bbls. quoted at 73i@7^^c.; refined in bbls. SJ^c, and
The speculation
spirits
in casas OJ^raiO^gC. naphtha 7i^c.
turpentine has at times been more active, with prices showing
more strength, the sales yesterday embracing October options
at 34c. and December at 35}^c., but the close to-day is quiet,
with bids a fraction below tuese figures. Rosins have been in
moderate demand and close steady at $1 03@$1 10 for common to good strained.
At to-day's Metal Exchange pig iron certificates were considerably firmer, bids advancing to $15% to $16, and only
near-by months offered at $l6>i@$16i^. Tin firm at 20}4@
30*80c. spot, 19 -95® 30^0. futures; five tons December sold at
30c. Tin plate steadyat $4 42i>^(a|4 50. Copper easier at 1080

The speculation

;

m

Lead
for Lake and 10-05@10J^c, for Baltimore.
neglected. Spelter steady at 4'30@ 4'45c. for domestic.
and
rates
Ocean freights were quite active early in the week
for grain to British ports advanced to 4Ji@4J^d., but the
firmer markets checked shipments, and to-day rates could not
be quoted above 4d, to any point. Petroleum charters have
been very quiet.
@ll-0.)c.

September

THE CHRONICLE.

36, 1885.]

COTTON.
Friday, P, M,, September 23, 1885.
The Movement op the Ouop, as indicated by our telegrams
from the South to-ni(?ht, is given below. For the week ending
this evening (Sept. 25), the total receipts'have reached 114,873
baira, against 8-1,743 bales last week, 53,080 boles the previous
week and 30,02.5 bjUes three weeks since; making the total
receipts Mince the Ist of September, 1885, 275,'l'}5 bales, against
350,925 boles for the same period of 188-1, showing an
increa/^ since September 1, 1885, of 18.510 bales.
SteeipUat-

Mmt.

Sat.

Qalvoston

6,142

1,479

Wed.

Tuei.

1,430

Thuri.

9,132

4,156

FH.

Total.

2,159

19,498

ew

Orleaug...

Mobile

1,005
1,707

2,913

2,996
1,129

3,505

2.011

2,396

770

258

342

575
923

5,058

6,795

6,289

5,010

5,172

6,301

31,625

202

202
19,912
17
4,622

Florida

Savannah
Brungw'k,

i&e.

Charleston
Pt. Royal, Ao.
Wlliulngton ....
Moreh'd C.,&e
Norfolk

3.696

4,337

2,649

2,035

3,558

3,737
17

599

1,232

1,082

627

363

813

1,831

1,709

1,302

1,347

719
35
944

West Point, &o

14,826
4,781

35
7,936
7.418

7.418

Boston
Baltimore

5

....

Pblladelp'a, &o.

"lO

1

Totals this wock 14,257 23,011

5

2

13

17.879 16,951 25.491 114,873

17.28-i

For comparison, we give the following table showing the week's

and the stock to-night,
for the corresponding periods of last year

total receipts, the total since Sept. 1, 11:^5,

and the same items

1884.

1885.
to

Sept. 25.

ThU
Week.

Qalveston
Ind'nola.&o

19,493

Hew Orleans.

14,326

.

Hoblle

Br'8w'k,&o.
Charleston...

Pt.Royal.&o
Wilmington.

M'headC.Ac
Norfolk
W.Polnt.Ac.
Hew York...

24,428

1885.

1864.

34,625

14,776
3,318
1,240
33,223

60,130
2,990
26,089
7,623
2,485
78,701

262

739

1,198

1.198

19,912
17
4,622
35
7.936
7,418

45,101

21,346

44,097

759

11

46

8,419
85
13,660
10,835

4,153
8
10,750
2,096

7,541

17.730
2,478

5,271

96
467
217
403

60
618

50
1,990

89,862
6,310

5
13

. .

Phlladel'a.&c

114.873

Total.

Bioeh.

Since Sep.
1, 1884.

Thit
Week.

62,307
781
34,024
9,044
2,069
86.059

923

Florida

Boston
Baltimore

Since Sep.
1, 1885.

4,781

Savannah

ft

735

26,579

29,498

26,424
3,026
2
41,336

28,981
3,727

32,066

30,810

6,888

5,729

40,311

1885.

Hew Orleaug.
Mobile

Savannah

&o
Wllm'gfn, Ac
CJharl'st'n,

Horfolk, &o..
All others

Tot

this wlc.

Wnae Sept.

Oreat
Britain.

NewOrleana
Savannah
Qalveston
Norfolk

154

Total 1885.

rotall884
Total 1883

5

432

299

3,158

3,678

8,949

59,3:5
0,310
6,410
5,525

241,740'

2.'i6,925

1884.

1883.

1882.

1881.

25.163
14,776
3,318
33,223
21,357

22,439
26,528
4.747
29,406
22,758
3,294
13,957

27,575
23,941
11,950
31,717
21,557
4,676
11.670
3,387

19,260
33,958
8,316
27,023
17,800
4,216
20,652
3,531

19,498
14,820
4,781
34,625
19,929
4,657
15,354
1,203
114,873

4,161
12,846
3,019

118,463

1,903

125,03S

we

136,479

1880.

18,240
26,497
7,831

Exported to—

Jtoyorti

fromr-

39,399
34,227
5,683
33,323
7,021
172,221

500

Nono.

5,366

20,267

13,114

70,112

171,62«

52.984
10,704

2,356
16,098

16,628
82,202

12,985
9,3Se

83,953
68.840

141.613
268,97*

Orleans..

8,707

433

0,180

12,768

amtu

The

forward delivery for the week are ."JO?, 900
For immediate delivery the total sales foot up this week
5.242 bales, including
for export, 5,140 for consumption,
total sales for

——

103 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.

Franee

nent.

0,082
3,000

8.650

9.812
3,000

e,oe»
8.000

1,888

Sat.

Ordln'y.ipib
Strict Ord..

men Tnes

7l3ie
8'4

7i3i8
8'4

7'3l8

9^16

97,8

9'X8
97,8

Bstthnore...
Philadelp's,Ao
.

U^ed Tb. Frl.
I

Ordln'v.vti
Strict Ord..
Good Ord..

713,8
8>4
91,8

8I4

Law Mldd

9%

Stt.L'w Mil

916,8

•

1884...

S8.740

614
10

713,8
8I4

Wed

9^

979

103,8

Sat.
^>lb.

TotaL

979
101,8
103,8

838
93,8
»»ie
978
101,8
IOi>,e

8%
979
101,8
103,8

10% 1038 10%
109,8 10«,8 109,8
1016,8 1015,8 1016,9
119, lll«l« 1119 IS

Wed

Th.

Frl«

8%

8%

8%

9''9

101,8
103,8

Klon Tnea! TVed Xli.

Frl.

ZT>«

8%

77l8
8I9

IF

9»1S

Si'"
89,8

Z^«
81a
8I»18
99,8

09,8

SiALES.

14,651

rhe total sales and future deliveries each day during the
week are indicated in the following statement. For the convenience of the reader we also add a column which shows at a
glance how the market closed on same days.
BAUtS OF 8FOT AKD TBAITSIT.

8,550

8,612

SPOT MARKET
CU>SBD.

8,0«0

Steady

Con-

tump

uVt'n

390
976
816

102

390 37,100
976 75,800
918 68,600
1,034 98,600
1,S14 60,200
610 61,600

400
200
200
600

102

5,242 397.900

1,300

I

Mon Steady

J

Tues

.1

Wed Steady

1,034

1,800

1,600

Thurs Steady
Frl. . Steady

.1,314

TotaL

,16.140

4,538

10,417

108

4.638

45H

15,083
6,801

46,872
3,913

Steady

OeUif

Xxport,

681

66.160

979
lOlic
103,9

2I>«
8l8

881

81.014

I

8I618
99,

,

Middling

S84

8,1114

979
101,„
103,8

915,8l
916,, 101,8
..

101,8 1101,8

30.919
3,S0D

Inclndes exports from Port Uojal, *o.
t iDClndea exports from West Point, 4a.

8%

836

97g
9'9
101,6 10>i«
103,8 10»i,
,1014 ilOk
10% 10% 10% 10% 1(J% 10%
Sir <>'dMldil0i|8 '107,8 107,8 109,8 1(9,8 10»i« 109,8 109,8 109,1
lU'ig
Midd'g Falrl 1015,8 1013,8 1013,6 1016,6 1013,8
1016,8 1016,8 1016,9
Fair
ill7,g 1117,8 117,8 119,8 119,6 1119,8 '11»1. li«i6 lU'ie

Mlddllm
line...
Good Mid.. 10 '4

3.047

S9,033

Mod Tues

93,8

18,128

10.828

Th. Frl.

8%

8%

50

6.318

I

gi>«
9'l8

2.268

884

33.806

ToUl

641

8H

.

Sat.
12.3ie
8.997

Sat.

-15,

MABKET AND

Norfolk^

Boston

TEXAS.

Mon Tnea

Sat.

888
838
83b
93,8
93l8
9B,8
9»tS
Low Midd'g; 9%
9^8
979
9%
9H
97b
Str.L'wMid 9l6ig 916j8 915i6 lO'lS 101,8 101,8
JnB...|101,9 lOIig 101,8 lO-'ig 103,8 103,8
Good Mid 10'4 lOi* 1014 10% 1038 loag
8tr. CJ'd Mid 107i8 107,
107,8 10»18 10«,8 10».«
Midd'g Falr|10l3,8 101316 1013i8 1016,8 lOlS, 1016,8
Fair
Ill7,n 117,, 117,« 119,, jll9,„ 1119,8

G'd Ord

WUmln^toa...

New York

NEW ORLEANS.

UPLANDS.

Sept. 19 to
Sept. 25.

....

Oharlaston'...

1

)

Mobile

norMa.
Savannah

i

ii,ei7
2,33«
81,163
14.677

The speculation in cotton for future delivery at this market
has shown considerable spirit at times during the past week,
and the fluctuations in prices have taken a wider range. The
violent storm which was raging on the Texas coast at the date
of our last was followed, over the whole cotton-growing
region, by a temperature unseasonably low. An advance ia
silver at London has been attended by rather better reports
from Manchester, but the war-cloud on the Turkish frontier,
with a decline in British consols, was somewhat of a counteracting influence. On Saturday and Monday the market was
buoyant with a considerable outside interest purchasing for
the advance, but on Tuesday the Roumelian troubles and the
decline in consols caused a sharp fall. On Wednesday the
advance in silver and the severe weather caused renewed
buoyancy.
Yesterday an irregular and unsettled decline
occurred, under the renewal of warlike advices from the
Continent and better weather at the South. To-day futures
opened weak, but toward the close showed rather more
strength. Cotton on the spot was mo<lerately active for home
consumption, and prices were fully sustained for old cotton,
but the new crop was offered ]-i@%c. below regular figures,
and September short notices declined, giving a very unsettled
market. To-day there was no change, middling uplands closing

LowAnddllng

1885. to Sept 23, 1885.

OalveftoD

New

..MH)

2,000

atr.G'dOrd

134,756

ereat
Britain.

1

31,375

Exported to—

areat
CbnU- ntai
BrtVn. fVanct nent. Week.

1

3.500
4,678
2,935
None.

6.743

None.

;

;

1,

20.7M

5.715
None.

l..%00

3,000

The exports for the week ending this evening reach a total
of 40,820 bales, of which 33,866 were to Great Britain, 644
STAINED.
to France and 6,316 to the rest of the Continent, while the
tocks as made up this evening are now 241,740 bales. Below Good Ordinary
Strict Good Onllnary
are the exports for the week and since September 1, 1883
From Sept.

601
None.

None.
2,400
8,600

200
Nona.

(lood Ord..

275.465 256,925 319.507 296,957 429,777 403,064
Qalveston Includes Indlauola Cliai-leacun includes Port Royal, &e.;
Wilmington lueluili-« MoreUead City, Ac.; Norfolk includes West Polut, Ac.

Sept. 25.

U

3,318
None.
1,800
None.
48
None.

Stock.

lolaL

Witt.

225,565

l.

Week Ending

Oeaet-

23,800
14.9H2
2,935
8,700
2,500

bales,

508

27.5,485 118,463!

Other portg

Other
foreign

IVane*.

1,832
None.
5,800
11,700
4,493
None.
5,500

Mobile
Charleston

8tr.

Galvest'n.dic.

Ltavinm

AT—

at 10 l-16c.

In order that comparison may be made with other years,
give below the totals at leading ports for six seasons.
Seeeipts at-

Lambert, 89 Broad Street.

Bsrr. 26,

923

K6W York

BeeeipU

In addition to above exports, owe telegrams to-night alao give
08 the following amounts of cotton on shipboard, not cleared,
at the ports nameil.
We add similar flgurea for New York,
which are prepared for our special nae bv Messrs, Carer, Talc

New York

Indlaiiulu, Ao.

359

;

1

Svte-, Tran-\

tiCl

610

Total.

Saltt.

79,.W2
73.410

dally deliveries given above are aotaally
prevlooa to that on whl& they are reported.

The

deUv.;rcd

the day

THE CHRONICLE.

360

ajsto Pbicks of Ftitukes are shown by the tollov
comprehensive table. In the statement will be found tht
daily market, the prices of sales for each month each day, and

Tub Sales

injc

the clo8in« bids, in addition to the daily and total

sales.

[Vol. XLI.

The Visible Supply of Cotton to-night, as made up by cable
ind telegraph, is as f oUows. The Continental stocks, as well as
those for Great Britain and the afloat, are this week's returns,
»nd corsequently all the European figures are brought down
But to make the totals the complete
to Thursday evening.
figures for to-night (Sept. 35), we add the item of exports from
the United States, including in it the exports of Friday only.
1885.
Stock at Liverpool
Stock at London

bales. '487,000

1884.'
,^88,000

67.5.000

21,000

68,000

48,600

508.000
2.900
31,600
33,000

656,000
4,100

723,000

Total Great Britain stock
Stock at Hamburg
Stock at Bremen
Stock at Aiusttrdam
Stock at Rotteidam

1832.

1883.

481,000
77,700
558.700
3,100
31,200
8,100

400

^•00

2,300
199,000
5.000
44,000

Stock at Trieste

1,900
128,000
4,000
39,000
9,000
8,000

9,000

3,200
41,600
27,000
1,500
7.400
97,000
9,400
30,000
9,000
10,000

total Continental stocks

2.')7,800

369,600

236,100

209,800

Total European stocks ....
[ndla cotton atluat for Europe.

705,800 1,025,600

9i9,700
122,000
S7.000

768,500
207,000
71,000
14,000
214,807
33,744
6,600

Bttjck at

Antwerp

Stock at Havre
Stock at Marseilles
Stock at Barcelona
»t.t<'k

at

Genoa

,. ....

-.

40,000

l'i,000

4'2,000

4 ,000

for Eur'pe
Egypt,Brazil,.tc.,atlt for E'r'pe
Stoi'k in United States ports ..
Stock lu U. 8. interior towns..
United States exports to-day.

Amer'n

5,'i,400

cott'ii afloat

1

1,0(10

241,740
40,92
12,500

10i;,000
3ii,000

2.S,000

8,000
22 .,51)5
25,906

336,919
79,723
15.000

14300

1,700

300
119,000
1.600
28,000
11,500
5,600

Tnto] visible supply
1,144,9'il 1.440,371 1,623 342 1,315,651
Of the above, tbe totals of American and other descriptions are as folio ws:

—

Aviencan

bales *319.000

Liverpool stock
loutinental stocks

Total American

Kasi Indian, Brazil, die.
Liverpool stock
tx)ndou stock
Oontmeutal stocks
India afloat for Rurope
Ejcypt, Brazil, dtc, afloat
Total East India,
Total American

225.565

336,»'.9

4i',92l

25.9ci6

14.3i0

79,723
15,000

819,771 1,010,642

576,151

218,000
68.000
181.600
10 i. 000
8,000

287,000
48.600
1(12 100

237,000
77,700

12-2,000

23,000

207,000
14,000

620,600
5S2.700
8i9,771 1,040,612

739,500
576,151

*168,000
21,000
108.800
42,000
1,000

&o

388.000
131.000
87.000

12,.'i00

801,161

—

3.-».000

191,000
56,000
71,000
214,807
33,744
6,600

119,000
41,000
241,740

luiencanafloat for Europe...
Jnlted States stock
Jolted States interior stocks..
halted States exports to-day..

340,800
804,161

3'30.000
1M,5,000

15.f,S00

1,114,961 1,140.371 1,623,342 1,315,651

Total visible supply
Price Mid. Uul., Liverpool
Pri(« Mid. Upl., Now York

5is,6d.
lO^i^c.

5'i^d.
lOiigO.

5%(1.

ICeo.

e^sd.
lllijao.

Actual count tbis day.

*

ISr The imports

into Continental ports this

week have been

15,000 bales.

The above figures indicate a decrease in the cotton in sight
co-night of 2y.5,110 bales as compared with the same date of
1884, a decrease of 478,381 bales as csompojed vrith the correspouding date of 1883 and a decrease of 170,690 bales as
compared with 1882.
At the INTEKIOR TOWNS the movement that is the receipts
for the week and since Sept. 1, the shipments for the week, and
the stocks tonight, and the same items for the corresponding
period of 1H84 ia set out in detail in the following statement.

—

—

§
'

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li^

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oTi s s

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<|CCCniOiUOi

c;iO-iw*-cc**-i^rr*xtcoxootccD
CC^-H-f-l-W Or— rOwCJ'-i-^CXO
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|-!S

^^^^

'"""<*«>

fie »hOT«. table, and sball w.ntluut, earj.
of futures e^i,,!. .lay for each

IJIO*-'

"»
i^ rhe
rt „v«r.tK^ prl>*
•we«kto«v«,

—

Ol

9'60o.; We.li.eB.lay, 9-55o.;

ThurBday,

^"'*'**J^'

9-55<!.; KrirtK?. 9-Sr,o

^'^'"'•=

irri'C.'3''49a9iOo'".^''^*-~"''''*''^'

'i7,
•Ot)

^i

tn flx< h. 2 lO Oit. for Sppr,
*" "*";'•
'• •"^""'- ''"• ApiU.
'

jd. ti.ex'li.
'>pc.l..r Jiiu
1"! to ix. 1,. oOO O jr.
for Nov.
ETen 100 ^ ov. f oi Soi.t.
" "' •

;0B

t'2

o

to "X.h.
lo i-M h.

.;'<)

x,.v.

11 id. to .nil.

•!()

.1...,. f

•07

19
20

I

(t.
(I.

.1

lid.

.o

-

.11.

to excli.

?.

•

>

.

^^,

r. rt

-JJov.

I.

rNt
r

l).^c'.

r Fell.
f M-

MCjiV'

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to

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cj

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^^ — loCO
©*'-

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I) ?^

^ or

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to
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C'C:'--!

»CQD^a!<IW
Tr x'i-Tr

cw

I

CCOi^tCCi
tUgAr^i'—CO

50c.;

The following exchanges have been made dur.nx the
wpe
•«.S tid.

^

^-

to

—

Wednesday, 9-43®9

C

Ol
C. Of t^.
1^
-l^DOD- CO
-4 '1 »- .ji i>. 0: ta

month
rt
wlllhefoua.1 in.ter «ach (fav following ton ai.lMwUuoij '•
Aver " Thi
STerage (or hi,.,Ii ,uoath for tlie week 1b also kIvoq at hottoin of
tai.ie

Jan.

60D Oct. lor Jan.

CO
-!
c*
i-!"to^Ttow
on
m *- Qr©Oi©-CtO
'

1

W

to

C0©M-.'OS'-

to
fcO»0

_!-

W;

o
rf^a cnJ^"* **».i—
O't- — 0*-Ct;r:QD'fc.-->:
O CLSiZ. ^.KZfiCts, L W

tt^'to-

C;VSCO
«• r: cc

tc

h-

w o "D
»

c-*-**k.»*w-0

C1*JX— (fcOSXfO

Tbis year's Ilgures estimated,
Tiuj aiH^ve u>Uil8 bhow thut thu r>li1 interior stfx^ks ha'70
increased during tne week 15,403 'lulta, and'iire to-aigbt 15,013
*

SEPTE^fBKR

THE (3HEONICLE1

aO, 18S5.]

bales more thim «t the name period last year. The receiptH at
thu anine towns have Ixjen 0,(W0 bales mitre than th« 8urne
weok lust ypiir, nnil Binco RautomlMjr 1 the n)c<<ipt« at nil the
towns are :Vs,t)73 Uiles innre tl'mii for the same time in M*».

QcoTA-noNs FOR Middling Cotton at Other Markkts.—
In the tablo Iwlow we ^ivo the oIoHinj? quotations of middling
cotton at Southern and other prinoipal cotton markets for each
day of the p:ial week.

OLOSWO QDOTATIOm rOR KIDDUNa OOTTOK OK—

JfMk mdlng
Sept.

'JS.

Salur.

GKlreston ...
Nc-w Orleano.

9'4

Molillo

a

Biiviiiinttli

Chai'Uwt-oH

.

WiliiiiiiKton

9»i«
9',«
9'lB
9<i«
O-s
Oie
a"*

fi'16

»i|<;

..

.

Jfon.

.

!»i

..

!»>M

OM

Norfolk

10 "4

1014

l!"-tol)
liitltiiuoro

a»K*^

»»8
ID'S
«'«
9>4
9>ts

1(»3
H'a

riiiLulclphla.
AiiKii8t«

Muniplils

!l>4

9>4
»4t

Bt. IxjHls

Clnriuniitl...

Thwrt.

FH.

9^

9»8
9>4
9>«
91,«

9J»
9'4

an

S?'«
9

fl>9

ais

9»,«
«'l«
10»4
9»8

S»"»
9&18
10>«

S?'«
9'l6
9i«
9'»
9'l«
IOI4
a»R

O.'S)

10

10>fl

10>«

9

9

914
9>4

gu

9'4
»>4

9'4
a^V

9%

'4

10 '9
9

'4

9U
9^
9^

a!W

RecetpU at the Porte. Sfk at Interior Tovm: See'pte from Plant'm
1883.

July •0
n..

1
.,

1884.

I

1885.

X,8«2

e8,762j 31.941

28.711

8.810

1,973

61,239
61.620

28.241

23.591

25.130

22.300

7.064

14

9.70«
10,305

21

1I,.SHS

as....

22,01

U....
18 ...
25

I

6.434

8,290;

,

1883.

1,024

31....,

Sept. 4

188S.

9,208i

24

Aug. 7

18S4.

I

33,30s
64.318
9«.81»
125,n32

2,194
2,588
2,038
3.125
4,402
11,695

2,800
4,283
2.2tf3

2,89H

1

57,8S6| 22,307! 20.578
20.433' 21,255

53,206
53,016

18,366

50,526
50,309
30,02: 53.576
53,0* 58.98*
St,713l 73,179
lf<,463 114.S73I 105,778

16,599
16.342
16,864

2,865
4,914
16,331
42.621
80,737

1883.

20,427

24,317
36.15^

1884.

I

1885.

3,139
4,686
5,686

872
113

S,.']21

1,460

903
866

389

2.715

6,02ol

0,1
831
1,938
15J
1,098
19,244
9.875
3,580
4,6,)7
12,624
20,173 22,754
17,308 S7.728! 16.851' 27,160
25,384 69,761' 48,187 61,156
34,97* 113,009' 84,827 94,333
52.542 ISo.BSl' 130.801 132,331

20,066

—

The above statement shows 1. That the total receipts from
the plantations since September 1, IStS, were 312,007 bales;
in 1884
3.

were

27.5,88.5

bales; in 1883

were »76,129

bales.

—That, although the receipts at the outports the patt week

114,873 bales, the actual movement from plantations wag
132,351 bales, the balance going to increase the sticks at
the interior towns. Last year the receipts from the plantations
for the same week were 130,301 bales and for 1883 they were
155,631 bales.

were

Weatheb Reports by TELEORAPn.—The equinoctial storm
has passed over the South the p ist week, and very heavy rains
have fallen at many points, mainly in sections bordering on the
Gulf and on tlie Atlantic. The rainfall at Galveston was nearly
10 inches, but the storm did not extend into the interior or do
much harm in the St ite except near the coast. With these
exceptions the crop situation appears to be unchanged, and
picking is making good progress.
Galveston, Texas. It rained tremendously on three days
in the early part of the week, but the latter portion has been
clear and pleasant.
The rainfall reached nine inches and
ninety-two hundredths. The thermometer has averaged 77,
ranging from 70 to 84.
Indianola, Texas. Wo have had hard rain (equinoctial
storm) on three d.iys of the week, the rainfall reaching five
inches and seven hundredths. The rains did not extend into
the interior, so no serious damage has been done. The thermometer has ranged from 7 1 to 86, averaging 70.
Palestine, Texas. It has been showery on three days of
the week, the rainfall reaching fifty-six hundredths of an
inch. Picking is progressing finely. Average thermometer
75, highest 86, lowest 60.
Huntsville, Texas. We have had rain on three days of
the week, the rainfall reaching one inch and thirty-seven
hundredths. Picking has been partially interrupted by the
rains.
The thermometer has averaged 7(5, the hijjhtst being
88 and the lowest 64.
Luting, 2'e.vas We have had showers on two days of tlie
week, the rainfall reaching twenty-live hundredths of an inch.
Picking makes good progress. The thermometer has averaged 78, raiii-int; from 6'J to 90.
Columbia, Tc as. It has rained on three days of the week
(equinoctial storm), and much damage has been done. The
rainfall reached seven inches and thirty-five hundredths.
In

—

—

—

—

—

<

—

We

—

— We

—

Keceipts from tub Plantations.—The following table is
prepared for the purixjse of indicating the actual movement each
week from the plantation.s. Receipts at the outporta are sometimes misleading, as they are made up more largely one year
than another at the expense of the interior stocks. We reach,
therefore, a safer conclusion through a comparative statement
In reply to frequent inquiries we will add
like the following.
that the.se figures, of course, do not include overland receipts
or Southern consumption; they are simply a statement of the
weekly movement from the plantations of that part of the crop
which finally reaches the market through the outports.
KECBIITS FBOH PLJlNTATIONg.
Week

^

—

J!'*'

9H

10

10

a

»!>8

9

101a

9^

10

Loulrtvllle

Wedne*.

i«

addition to the abov(> the wet weather haa given Rat^rpillan
a fresh impetus, and cotton hn^ bc«n completely ."''••""'I of
all leaves and young bolls.
This is a terrible din
nt,
r la.
and the crop will be very short in thin county an'l
Picking has been entirely suspended, and the roudb iin« iinpissable.
The thermometer has ranged from 63 to 87, averaging 75.
have had showers on three days of
Brenham, Texas.—
the week, the rainfall reaching twenty-nine bundrwlths of an
Picking is progreHsing finely. Average thermometer
inch.
77, highest 90 and lowest 64.
Belton, Texas. It haa been showery on two dayti of the
week, the rainfall reaching one inch and nineteen hundredths.
Picking progresses linely. The thermometer has averaged
76, the highest being 94 and the lowest 68.
nealfierford, Texas. There has lieen no rain all the week.
The thermometer has averaged 73, ranging from 57 to 87.
have had no rain all the week. PickDallas, Texas.
ing is progressing finely. The thermometer has ranged from
63 to 90, averaging 76.
New Orleans, Louisiana. It has rained on five days of
the week, the rainfall reaching five inches and one hundredth.
The thermometer has averaged 78.
Shrevepnrt, Louisiana. Telegram not received.
Columbus, iti.isissippi. It has rained on one day of the
week, the rainfall reaching one inch and nintty-six hundredths. The thermometer has ranged from 46 to 84, avei'aging 68.
Leland, Mississippi. Telegram not received.
Last week the weather was sultry, with rain on two davs,
the rainfall reaching one inch and twenty-five hundredtns.
Average thermometer 7n'9, highest 90 and lowest 07.
Little Rock, Arkansas. The weather has been fair to
cloudy on three days with light showers pn two, the remainder
of the week being clear with delightful days and cool nights.
The rainfall reached seven hundredths of an inch. Cotton is
beginning to move quite freely. The thermometer has averaged 71, the highest being 83 and the lowest 52.
Helena, Arkansas. It has rained on one day and the
The rainfall
remainder of the week has been pleasant.
reached eight hundredths of an inch. Crop accounts are less
favorable. The thermometer has averaged 71, ranging from
54 to 88.
Memphis, Tennessee. It has rained on two days of the
week, the rainfall reaching one inch and twenty-one hunPicking and marketing continue to make good
dredths.
progress. The thermometer has ranged from 52 to 89, averaging 71. List week we had showers on four days, the rainPicking and
fall reaching forty-nine Imndredths of an inch.
The thermometer
marketing were making fine progress.
raneed from 65 -5 to 88, averaging 75 '5.
have had no rain all the week.
Nashville, Tennessee.
Average thermome)^r 68, highest 83, lowest 40.
had rain on three days in the earlyMobile, Alabama.
part of the week, but the latter portion has been clear and
pleasant. The rainfall reached one inch and nine hundredths.
Picking is progressing finely. The thermometer has averaged
75, the highest being 89 and the lowest 59.
Montgomery, Alabama. Telegram not received.
Selma, Alabam,a. It has been showery on two days of the
week, the rainfall reaching twelve hundredths of an inch.
The thermometer has ranged from 65 to 81, averaging 74.
Auburn, Alabama. It rained continuously on three days
in the early part uf the week, but the latter portion has been
clear and pleasant. The rainfall reached one inch and thirtyeight hundredths. It is claimed that much damage has been
done. Picking has bet n interrupted by the rain. Average
thermometer 76, highest 845, lowest 56.
Macon, Georgia. Telegram not received.
Coluinbiis, Ueorgia. It has rained severely on two days of
the week, and it is claimed that considerable damage resulted
therefrom. The rainfall reached three inches and forty 'hundredths. The thermometer has ranged from 60 to 88, averaging 71.
have had rain on five days of th&
Savannah, Georgia.
week, quite light on two, the rainfall reaching three inches
and eighty-three hundredths. Average thermometer 73, highest 81 and lowest 63.
had rain on four days in the early
Augusta, Georgia.
part of the week, but the latter portion has been clear and
pleasant. The rainfall reached one inch and thirty hundredths.
Planters are marketing their crop freely. The tnermometer
has averaged 70, the highest being 87 and the lowest 54.
have had rain on two days of the
Atlanta, Georgia.
week, the rainfall reaching one inch and sixty -one hundredths.
The thermometer aveiaged 67, ranging from 54 to 80.
Charleston, South Carolina. It has rained on five days of
the week, the rainfall reaching one inch and sixty-eight hundredths. The thermometer has ranged from 63 to 81, aver-

—

Tun.
O"*
0|i«
9'l«
g-e
!;^«
S'lB
1U>4

^61

—

—

—

—

—

—We

—We

—

—

—

—

—

—We

—We

— We

—

aging 73.
Stateburg, South Carolina— It has rained on four days of
the week, on one of which heavily, and the rainfall reached
two inches and eighty-three hundredths. The thermometer
has averaged 67-9, the highest being 82 and the lowest 51-5.
Wilson, North Carolina.— yVo have had rain on two days
of the week, the rainfall reaching two inches and seventy -six
hundredths. The thermometer has averaged 69, ranging from
48 to 84.

The following statement we have also received by telegraph,
showing the heicht of the rivers at the points named at 3 o'clock
September 21, 1885, and September 23, l'?S4.

THE CHRONICLE.

C362

Weather Recosd for August, —Below we

Sept. 24, '85, Sept. 25, '84

Inch.
1

FeeA.

Inch.

feet.

5
12
Below WrIi- water mark 10
7
3
4
Above low-water mark. 14
7
6
..Above low-water mark.
aaliville'
1
4
3
low-wat«r-inark.
Above
•hreveport".
6
5
9
Above low-wat«^r-niark. 21
loksbnrK
New Urieans reported below high-water mai-k of 1871 nnti
highSept. 9, 1874, when the zero of gauge was changed to

e-w Orleans
MeiuuUla

water mark of AprU 15 and 16, 1874, which is 6-lOths of a foot
above 1871, or 16 feet above low water mark at that point.
India Cotton Movement fkom all Poets.— The receipts
and shipments of cotton at Bombay liave been as follows for
the week and year, bringing the figures down to Sept. 34.
BOMBAT BBCBIPTS AND SHIPMENTS FOB FOUB TBAKS.

Brifn

1885
1884

_

Conlinent.

JCtor Orent

Shipments since Jan.

this week.]

Shipments

,

.

^"'"^

I

Oontl-

Oreal
Britain

2,000i 3.iOO;494,000;613.000 1.107,000

8.000 tli.OUO 792,000 1,237,000
3,000! 9.0 J0:74t;,000 003,000 1,349.000
8,000

1.883

1882 6,000

VIRGINIA.
Kaintall.ln 6-18

Days
.V.

Oontinent.

i

Days

1,000
1,000
3,000
5,000

3,000

4 000
H,000

a.ooD

1885
1884

3-87

8-95

15

16

10

8-21
8

7-M

10-84

4-71

18

4-04
15

8-29

12

18

13

6-87
15

825

3-14

8-73

3-86

7-70

2-91

1-32

7

13

10

8

12

9

12

3-98

10

3-43
11

8-58 12-39
12
18

4-01

2-08
9

3-61

3-24

778

381

8-57

lli

15

10

14

6

17

9-47

5-45

18

II

8-31
10

7-90
II

8-47
14

Rainfall.ln

4-84

Days

139
8

3-43
11

0-80

2-77

13

Rainfall. In

9-58

5-19

12

14

0-94 10-78

18

7

8

P-25

BOO

2-82

11

8

9

13

12

2-88
10

rain.

10

2-00

10
4-42

15

5

6-70 12-08
9
14

5-38
7

3-20

7-26

5

8

7-49

9-58

8-93 19-18

13

18

7

FayettevUle—
Rainfall.in

Days

rain..

8-44 11-25

4-23
8

S.CAROL'
(Jharleston—
Bainfall.ln

Days

2-20

2-18

8-82

5-98

8-25

10

5

10

12

15

8-14

2-80
10

3-44

8-95

3-89

18

18

9

rain..

14

18

6-12 1003
16
11

PacoXet*—
18

rain..

—

4-53

1-81

5

4-83

8

8

rain.

2-69
12

Stateburg—

Totat.

Rainfall I. in

4-34

S-22

4-91

4-14

1-70

1-88

15

10

14

10

10

10

2-ao
11

4-34

5-85

15

3-25
12

2-21

14

{

r.iin..

IS.OW

77,030

42,700

2-70
12

2-41
7

1,000
1,000

9,010
41,000

6.000

41,0

,5,000

7,000

Augusta.—

9.000

44

10

35.900

42,000
20.000

86.000
55,9»0

112,000
162.400

60.000
62,700

172. OJO

5-80
11

3-21
11

2-47

Rainfall. in, 6-12

Rainfall.in

125,2).

Days

t

rain..

1884...,

Days rain..'
Savannah.-

6,0 )0

225.100

ports other
week last year. For the whole of India, therefore, the total
hipments since .lanuary 1, 1885, and for the corresponding
yenods of the two previous years, are as follows:
ttie

l^iomentt
t^a'.l Europe

ThU

from—

week.

This
week.

9-37
19

5-93

11

AU other ports.
Total

6-80
9

128

5-09
5

6-84
11

5-561

aoit
10

2-65
8

rain..

3-90
11

2-22
5

10

14

Forsyth.—
Rainfall, in

8

6-47

4-61

8-73

IS

9

17

rain,

Hainfall.in

Rome.

—rain..

Days
Days

rain..

ThU

Since

Jan.

7-74

Days rain..
Archer—

1,

3,000 1,107.000
6,000 225,100

8,000 1,237,000
4,0J0 151,000

Days ratn..
Madison—

8.000

854.010

9,000 1,332,100

I2.OO0I 1,391,0)0

Days rain..
Sanford—

This last statement affords a very interesting comparison of
Ihe total movement for the three years at all India ports.
Alexandria Heceipts and Shipments.—Through arrange
oents we have made with Messrs. Da vies, Benachi & Co., of
liverpool and Alexandria, we now receive a weekly cable of
the movements of cotton at Alexandria, Egypt. The following
re the receipts and shipments for the past week and for th*
•rrespoading; weak ot th^ previoin two years.
Afo^'xndria. Mayptf

1881.

Rainfall.ln
Hainfall.in

Days

rain..

Kainfail.l
lain..

Days

7,000
12.010

This
Since
week. Sept. 1.

15,003
22.000

This
Since
week. Sept. 1.

This
Slwf
week. depi.

Liverpool

1,000

Total Bnrope

1,000

3,000

.

1,000
1,000

1,000

1,000

2,000

2,000

l,OOo|

1,000

J,(X)0 bales.

Manohestbr Market.— Ourreooi; eceivedfrom Manchester

We

io-night states that the market is firm.
give the
for t'j-day below, and leave previous weeks' prices for

^oes

comparison.

Rainfall.in

Days

rain.

8H

Days

83i^®8»s
88i«a8»8
BSieaSBs
1«»IH»8«8
11 8»i„a3»6
I

188J„i,85
•;
" 25l8»,«»8».

5-45
10

3-18

S-48

1-96

1-97

10

8

683

4-72

BIO

4-85

8

18

12

5-50

8

109S 8-68
15

11

10

4-22

1-55

4

15

7-)4

2-93'

9

12

1

2-75
10

2-53| 0-87

1-54
7

400

7

4

4

4-61

404

8-84

2-44

5.38

10

11

14

8

10

705:
19

7-18

602

18

18

4-03
11

9-17

6-02
18

2-48i

4-19
8

3'91
10

8

!

1-17

8

S

11

18
5-91

11-45 11-89
22
10

18

5-09 10-09

10

17
8-11

3-37

17

10

6-35
IS

8-61
18

8-05
11

2-08

18

6-55 10-23
14
18

13

8-35
18

763

7-36

13

4-70

13

1

4-99

5-52
18

9-57
21

13
4-70

6-75
19

5-57

19

8-55
18

8

8-92

118

18

18

rain..

Tuscaloosaf
Rainfall.in

rain,.

Auburn—

8-91

20

5-02
17

754

10
4-18
14

7-Cl
18

9-43
19

3-81

3-88

7'57
12

4-10

4-32 10-28

Days

8-48

8-51

12

8

1-18

11

5

4-15

1-27

rain.

7
2-56

4

4

fl-M

2'03

e

3

4-38
18

5-11

11

Hainfall.in

Rainfall.in

Days rain..
Slirevetiort.Rainfall, in
Days rain..
Grd. Coteaur-

388

nil

1-40

9

12

8

Ratnfail.ln

612

14-03

7

17

Days

rain..

Rainfaii.ln
Days rain

9-87

22

2-80
11

0-87

393

8

16

16

1-39

12-02

7

I

10

i

5

i

6-22

6-9J

13

15

6-8S

20

15

4-19

3-30 11-52
11
13

8-07

2-31

6-93
10

1-04

10

13

6-74
12

2-2 J

3

207

6

1-951 2'8S

4

10

6-33
14

7

(

8-45
11

231.

4-25
18

0-87

8

10

3-30

4-12
13

S-33

20
4-89

0-08

0-22

12

3

4

6-21

2-85

1-37

5

8

6-15

1

4-23
12

5-70i

5-85
18

5-34

9

8

15

I

8

0-92
ll

;

0-72
4

5
7-57
10

4-12
11

OoU'n

(6«.

K.

d.

5

6
6

«.

d

«7
®7 O
a7
«7
«7
«7
•7
•7
»7
•7

Hill.

Upl

>s

<1.

5'8

82* Oop.

8H

Iwisi.
d.

SSg
8=8

Ootfn

lbs.

IXid.

Shirtings.

d.

d.

«.

9 9i«5 7 '97
9 9% 5 8i«»7

8^19^ 9^85

8

ifi

i>7

xrpidi

d

d.
1
11a
1 ij

614

9>«5 8's»7 li«
7>s»7 Ois
9I8S 7iaa7 Ola
8i«»7 Hs|
8*16®
8i«»7 l»a
8?i«»
bhi

Raiulatl.in

9

5

7

Is

7

»7

«7

'

8

big
63,,,

6i8

6513,

3-88

4-113

9

1'

5

4-41

2-79

8

6

2-90

Days rain.,
8
MISSIS'PI.
Oolumbus.—
RainfaIMn 8-32
Days rain.. 9

8'46| 2-601

1-75

0-4-3

8

8

3-38

Days

2-90
10

rain.,

rain..

4-a

M6

8-90

s-is

3

9

5

3-14

6-81

4-961

1'-

10

4-63
11

770

Days rain..
Leland—
Rainfall.in

Days

11

8-25 11-31
9
5

8-10

6-20

5

!

11

2-.S0!

8

12

1-01

2-18

8

8

8-20
IS

1-10

1-90

8

12

1-3

2-80

3-70

5

4

i

i

rain..

6
3-81

16

,!

GresnvLUc—
Hainlail.ln

5-83

1300
10

^icksbura.—
Rainfall.in

3

3-75

8-50

3
0-28
5

1-21

5

I

ARK'NSAS
Little

Rock.-

Rainfall.ln

« Sli«!5

87, es

5T,B

6%

2-97

LibertyUiU—

Brookhaven—

1884

Shirtings.

B»8 as-*,,. 5

4

3-85

4-06

1-20
4

14

Rainfall, In

Rainfall. in

I

4'85' 9-41

9

ilohUe.-

Days
1885.

4.

3

Pt.Pleasant-

This statement shows that the receipts for the week ending
Sept. 33 were 11,030 cantars and the shipments to all Eurooe

Twist.

1-30
2

7

S<few Orleans-

1,000
1,000

A oaacar la 96 Iba.

82f Oop.

3'27

18

LOUIS'ANA

•raortB (bales)—

ToOontlnent

9-28
13

13

Hontgom'y.—

Days
:

8-41

3-88

ALABAMA.

Days rain..
Selma—

1883

(oaa<„>r8*)—

11,000
20.C00

4-58 14-38
15
15

7-88
13

15

Tallahissee—

Rainfall.in

This week....
BlnuB Sept.

2-08
12

8-38

8

FLORIDA.

682.000
172,000

1885.

8-91

18

8-18
12

I

Rainfall.in

1,000
7,000

September 23

4-02

8

ilacon.1-

Rainfall, in

Bombay

4-38

Golunibus.—

Rainfili.in

week.

1.

IS

811

rain..

Days rain..
Gettar Keys.—

1883.

/Since

Jan.

3-98

4-83 10-73

8

Days

Balnfall.in

18841

Since
Jan. 1.

5

122

Rainfall.in
-

3-3S
.10

10

Jaclisonmlli;-

EXPORTS TO BCKOPE FROM ALL INDli.
1885.

1-52

13

21

Days
totals for the

1-33

15

9

Days

week show that the movement from
than Bombay is 1,000 bales more than same

The above

7

I

Atlanta.—

Rainfall, in

total all1885...

^

7- 06

13

6-76

rain..

nays rain..
Wilson—

Days
59.000
82.500

1885
1884

,rt.

10

Rainfall.in

All otUors—

.

3-28

13

GEORGIA.

1884

*

4-79

8

H

Rainfall, In

Columbia

1.

Hadraa—

'Jfo

6-52

Ohartotte—

Days

••lontta—
1885

soeipts

3-7J

8-63

Rainfall.in

Britain, loontinent.

Total.

8-68
11

.

Oays

Qreal

rain..

Daya r.iin
mttH Hawk—

Kurraohee and Cooonada.

Britain,

11

WUmingVn.-

Rainfall. in

Jan. 1

Shipments since January

8-45
11

1-25

20

rain..

CAR'NA.

Days

to show an
Accordmg to the foregoing,
inareast compared with last year in the week's receipts of
1,000 bales, and a decrease in shipments of 2,000 bales, ani
the shipments since January 1 she w a decrease of 435,000 bales.
Ihe movement at Calcutta Madras and other India ports for
the last reported week and since the 1st of January, for two
"Other ports" cover Ceylon,
Tears, has been as follows.
Shipments for the week.

1883

188B. 1884.

1884.

.Vor/oifc.—

Rainfatl.in

Bombay appears

Itttioorin.

August.

July.
1886

1885. 1884.

1885.

Weldon.—

4,000 992,000
3,000 1,54S,000
5,000 1,55C,000
5,000 1.624.000

632,000

l,Oao'219.000 463,000

1,000
1,000

May.
Rainfall.

Since

This
Week.

io'*'

nenl

give the rain.

and thermometer record for the month of August, and
previous months of this and t le two preceding years.
The figures are from the records of tie Signal Service Bureau,
except at points where they have no station, and at those
points the.T are from records kept by our own agents.
fall

Receipts.

X.

XU.

[Vol.

7-05
15

Days rain..
Mount Ida —
Rainfall.in

Days

rain..

3-91

3-81

2-24

10

10

8

5-35 10-23,10-30
XI
9
9
I

I

7-30
14

8-00
10

2-25

1-30

5

5

4-53

8

I

6-40
9

4-87

12
3-10

6

I

2-07

2-17

4-11

8

9

7

1-90

1-05

6-80

3

2

• Figures prior to February. 1885, are for Sp.artanburg.
8 Figures lor 1886
are for .Milledgeville.
+ Figures prior to Sept., 1884, are for Greene Springe.
* station destroyed by Are April 21. I3S5.

Septembbr

THE CHRONICLE.

20, 1888.J

Mav.
Hainfatt,

r

I

July.
J

— — —^-

—

-

10

•if

9BII

8-70

8

tl

11

10

4-88
IB

S4l

::::

::::

8

a-48

S-98

9-99

8-7S

8

10

8

S08
n-90

Kiilntiill.ln

DuTM ruLii..
AiMtin—

ess

168

la

8

8-78
17

7-»7

4-98
IS

sfn

s-io

410

8-80

4-80

7

7

»

18

9

4-78

RAtnfall.tn
Dftja rato..

8-88
17

»-7«

IS

8-46
14

U

-

4W

8-88
11

12

I>ay?* phUi..
I

88-M

98-

IjOWUSt ...
Average...

481

SU'4

91 8
44'u

gyz

•4-1

as-0

TO-li 74-8

»9» 880

70

79-81 76-6

H6-4' 92-7

9»-6

5S-7
74-6

473!

630

61-7

70-0

72-9;

79-0

77-8'

81-81

79-7

89-0
66-0

860

90-0

99-01

M-o'

ero| on-o
710, 70-(:

78-1

TJ-9, 7»-9i

860
480 470
68-0 700

88-0
40-0
80-0

01-0
82-0
78-0

87-0
69-0
78-0

920; 950
580 60'0
760;

Sa-S

830 92
880
Loweat
47-0 570 41'li
Average... 680 72-0 80-5
LOOIS'NA.

BOO

80'

99-01 89-0

80-0
78-0

66-0

710

99-01
81'0;
74-0;

»l-7
71-8

00-9

Bl-8

889

8'(-4

94":
74'5; 71'4

8-2-2

70-4

80-7

88-9

97-8i 99-0

630

B8-4
63-7

78-4

810

99'7,104'0 I09-I
69'2 7I'5 71-1
82-7 86-2 81-9

96-2
88-4 85-5
81-8! 80-8

03-0
69-0

Illghnst...

Lowest.

4M

KiirnfuIMn

A$hW"0

Illglliist,,.

MibUr.-

i

lUlnrnll.lQ,
Diirs rtiln..

847 3-U

7

S

4-94

7

U

»

B-i8

SIS

4-84

439

18

18

18

10

8-80
14

8-89

4-80

10

8

IS

Rainfitll.in

6-41

8- 18

10

13

8-or
10

S-88

8-84

8

10

i

5-27

,

7-94
18

14

1-70
4

'

700 rSO
14

1

9

'

1-83

1-70
4

5-30

8

0-97

9-41

8-89

8

4

4

i;

1-04
11

8-80

1-18

1-88

9

5

9

1-78

8-06

0-81

0-H7

8

128]

IS

0-3J
4

10

7

12

8-50

0'91

"

S

10

365

8

S-07
10

8

8

4-BO

S-8«

6-88

1-86

13

13

8

i

1-74

1-77

1-09

7

7

10

!i

...

52-('|

Avenigo...

71-7

32
8

81

M-S

88-0

'

Hl.ihest...

88-0

Lowest

4ro

Average...

70-1

'

I

Highest...
Loweat....
Average...

83-0

Auburn—
Highest...

y. Orltaru.Ulghost..

870

Loweat

80-9
73-9

Average...
Shremfort.-

86-8
61-7
76-4

88-(1

90-0
57-0
71-6

94-8

66-6
74-8

%0

89-9

802 810 8»4

7»-7

78-41 ao-tf

94-0

•4-9

OB-*

89-0;

630

»t
««'0

W-0

78-7

»»0

630; 680 820

40-0
71-8, 88-3

971 M-a

83-1

'

79-2

BOO 902

93-(<;

I

06-7

B6'A lOI-O
71-0
«6-l 88'«

7r«C'(l".t,'"(t-

8t\ma—

4

8-88

U

1-27

8-80

II

3-98

TBXA8.
Dft^s rain..
Imiiaiuila.—
Rulnfall.ln
DajTA ruin..

1-78

4-80, a-sa

13

AufUH.'
1888.1884.

I

Htntijtiin'y.—

a

TMNNKS'K.
Kaahville.-

1885.

liWil.'

ALABAMA

T

8-87

.J8

....

Jatt.

1886.11881.

IHM. I8W.

iiatiS.

-

1-48

IHtrmamettr

Atttutt,

<«. 1
-U«.{1IW4'IIIM3.

t8«6. 1984. IJKI

868

Mnt.

1

83'

99-0' Wl'O (00"0

81 0' A4'0
78'8 7-0

SCO

ll

9«'C
66'(
78'(

I

69-6
78-0

960
840

9301 900,

80-0

80'0

7J'0

91
62-0

990

(M-0
80'2

930
700 610 820

»!-(

Tb'O
....
....

61-0;
77'5| 77-0

780

B8'6

J...

911'

93-9

08-4

74-6

6B-.l!

66-5; 73-9

80-4

82-3

9

85-3

,

09-9

83 3

1

RulnfiilMn

DayH

irss S-85

e-08

rain..

1«

11

Fort Elliot—

6-SS •0-88

0-06

8

0-66

8

10

1-29

9-87

5-flO

;::;

9

5

18

1-88

0-82

0-51

0-02
5

0-00

I

0-01
S

0-80

2

ll

4

I

Ralnfall.lQ 7-33
Dftra ratn..! 10

10

9-02

KalQfai:,tn
Days rain

5-29

5-93' 10-91

13

.

9

Austin-

7

8

::::

i

8-40 7-85
Katnfall.l
063 1-48 ....
Dars rain.. la
11
3
4
ObsenraUons taken on eleren days only.

1-88
10

1

1

1

6-50
12
....

...

Mny.

Jll/y.

1886.

ill

Norfolk.Highest...
I^weft...
Aveniue...
N. CAH'LA.

46-8
65-1

1884.11883.

1885. 1881.11868.

I

988

9111 890

06-9

52-9

85-8' 53-0

4»0

74-8

680! OO'S

88-5
76-9

73-4

95-8
84-4
77-4

69-4
80-5

96-2
64-6
79-6

91-3
60-2
77-9

j

92-4
81-8

91-5-

760

61-8
76-2

I

WilmingMn-'
Ulgbost. ..

87-91 88-8
si-s: 61-2

Lowest....
ATeraue...

93-0
68-2
76-4

84-Oi

4y0

690'

89-7
51-0
73-^

93-0
62-0
77-2

910

91-0

97-0'

62-2

670

68-5

W7

7Q-1

71-6

Highest...

sac,

Lowest

4^-0

030 910! 95-0 940 930 lOOOl
500 44-0, 6iO 5J0 570 62 01

l)3-8l

68-7

T8-S

750'

SO-s! 83-0

89-5

98-5

807

Weldon.—

—

Avertwe...

KUty UiiwkHlghest.

Atigiutt.

I

S4-4'

76-6

7-^-4

9T0 910
581 52-0! 590
7-2-4 71-ll 750

Lowest ... 4fi-ll
470'
Arerage.... «3 8i «3-8' 630
Charlotte—
Highest... S70' 8S-5 8S-5
4'3-5

Lowest

43-2
87-4

Average...

4B-8
69-3

WUaoil—

79-7

080

Hlghes'....

8S0'

Lowest

46-0l

Average...

70-4

770l 7»-4,

910

600

56- ll 8Q-8

77-2

78-21

80-0
57-0
69-0

920
600

92-0
81-0
76-9

B80

.

58

.

83-9|

.

88-0
53-0

940

90-0

930' 93-0
6 JO 680

7'J-7

78-8

Bl-j' 92-7
«2-7! 8,8-0
77-81 7o-J

64-0

BI-.^

53-2i 51-5

63-3
7«-9

58-ol 63-U
77-5| 75-1

97-7i 93-7i 09-5;,

60-4
80-3

900 985
6i-i)

78-2

860
510
75 5

1,

I

40-5
8S-4

75-6

600

810

9.1-8

90-2

93-5

97-0 1020
84-0 «2-0
80-51 78-8' 79-8
1

.

84-5
80-5

77-2

90-5
83-9
75-6

89-0
51-0
71-6

88-0
50-0
74-3

6\-0
76-6

71-0,

—

Lowest

90-2

MO
72-7

Average...

PacoUf-

Highest.

Lowest

91-0

98'4

480

640

70-8

79-5

75-1

.

...

530

Average...

67-5

C'yiiipibia

91-3
60-5
74-8

03-0
54-0
78-8

620
771

—

68-3

Highest....

—

Highest....

Lowest....
Average...

87-0

84-9
75-5

69-9

94-5
88-0
81-9

99-0
64-6
30-3

960
540 510

8S-0
48-0
65-9

I

80-0,

80-3

950'
680'

950
58-0| 88-b

950
610

82-6;

77-8

79-4

789

.

70-8

lOl-O'

73-0
83-4

8»-2;

82-2

'

100-0,

060

72-4

93-0
6.10
76-9

93-3
67-5
80-6
84-9
65-3
78-5

93-0
66-0

790

93-0
59-0
78-8

93-0
64-0
78-5

980
68-0
79-9

90-8
67-6
78-9

91-9

900

91-0

47
70

54-5
74-0

48U

90-0
81-8
77-8

70-5

92-0
57-5
74-2

Atlanta.—

—
Savannah.—
Lowest —
Columbiu.—
Lowest —
Highest...

93-0 101-4

94-0 1000
71-7
80-9 83-4

84-3'

61-7; 8.3-6

790

80-7

93-6

83-I
79-2

6401 63-0

68-5j

784

70-8

76-0

78-2

95-0

910 970

720

75-6

81-9

98-0
68-5
82-4

94-0

79-7

95-2
65-4
b8'5

99-5

690 690

78-1

94-0
51-0
72-7

89-)
&S-0

91-0
44-0

90-0
87-0
80-0

90-0

960

94-0

93-0

970

630

72-0

810

68-01 720
8U-0I 80-0

7'3-0

75-0

920 810
MO 400
750 89-0

910 910 93-0
600 se-o 620

98-0' 93-0
03-01 67-0

6iI0

79-2

80-6

8i

810

860
510 4201
Average...' (We 710 650

930 930
800i 560 58
710 720 TrO

95

910 980
630 61-0

Average..

Highest...

Average...

Highest.

..

Average...

Macon.—

90-8
54-9
7S-8

90-5
58-0

86-0
50-0
70-0

770 720

^^

640

i

600 800
78-7 751

590

81-4

840

98-0

79-1' 76-9

89-0

Highest.
Lowest....
Average..
.

Bom*.—
85-0
45-0

Highest...
Lowest....
Forsyth.—

1.1-0

74-0

78-C

o!

58-0!

92

78-0, 80-01 84-0

Averagf...

8*0 880' 880
5i0 59-0 450
-0-

74-5, 70-8

920

78

64-0

970 9l-0!
830 B90! 870

786

74-2

92-0

69-0

730

87-0

88-0

411

P.'i-O

79-6

80-8, 81-4

8-J-8

610 63
78-2

79-5

«5-n
79-5

—

Highest,.,,

Lowest

8S-0'
45-0.
59-1

Average.,,

—

Lowest

.

tfou nt Ida,

—

Lowest

SS.'i

89-5

540

Average... 73-"
73-9;
Cedar Keys.RVS 9O-0, 87-0|
Hlghest.
Lowest.... 5«-C 00-3 5001
Average... 757(0. 731.
ArchfT —
.

910

95-8
67-8

91-6

950

91-8, 95-9

9SIJ

91-1

93-5

fll-71

88-0

702

7'>-0

78-9

SO-W|

70-6
82-4

6JS

80-1

81-1

80-7

79-8

91-5
74-0
80-8

9I-S
6i)8
81-4

910

00-8

91-8

910
710 700

91-0

i)2--,

930

82-

8-i-O

81-2

91-0

90-01 92-C

62

O' 7iVH

78-i|

82

1

1

93-0

....'

92-0| 90-0

90

••Ml..

610

70-8
UO.^

700

80-3

....
....

6:)-0

niga..

tl-.t

•*Ct..\

98-0

....'i

Hlnhost....

0,

6;r2
82-9

69-4
8J-3J 83-8

91-0, 9l-0l 9»-0

71-0
75-3

71-n

710

702, 8'J«

70-0, 71 01 ^2-0
79-11 79-5 31-5

}-l

lli^-liest....

R.S-0

Lowest

52-0, 60-01
7J-0| 79-5

1000 09-0

680

78-0
79-0

70
83 U

71-0'
82-7

llik-hcst..

96-5! 94-6

91-7

Lowest

6801

826

70

78-4

78-8

79-4

97-4
69-8
bl-3

..

Avpraae.

81-0

7i-0
88-7

Average...

1-9! 0,18
91-W
(

70-0| -.0 1
79-7, 80-0

TalUituusee.—

Highest..
Lowest...,
Average...

98

83-0

78-0
81-0

"z.

-

,

,

...
...
...

01-0
74-0
87-0

Ot-0
78-0
8J-9

...
...
...

97-2

96-2
64-5

98-7
61-4

98-'

80-81 77-2

80-o;

80'8;

889

90-0
60-0

92-0

740

9'20
BO'O

74-0

MO

.
.

^730

1

83-1)

78-0:

80-0

7;o

84-0

97-2
61 8

97-S

MO

6-2-5

630

79-8;

79-2

8U-3

08'(
70'1

98-0

940'

0201020

H«'0'

TOO

780

831)
73 C

60

8'2

77-0

82

j

8-2-0

68-0
81-0

86-0
51-0

67

Highest...

880 810

l.<;west ...
Averitgi*. ..

48-0

640

Bdena —

81-0

020 930

I

480
660

97-0

64-0
79-0

08-0
83-3

990

.

80-0
79-5

.
.

96'0l 93-0
67'0; 63'0
83'0! 83'0

6701 610
7601 77-0

59'0
77'0

81-0
48-0
63-5

88-''

91-0

480

58

67-0

51-0

94-1
50'(

94-0
9i-0

74-3

73'a

7ru

93-0
6I'0
79'0

94-1

01

950' 1000
970' 090
77'7 81

94-0
65-0
80-0

93-0

9fl-0

56-0!

950 1030
560 5-2-0

805

78-3

99-0

830 600
800 76-0

980

03-0

69-0
81'5

Sl-O

98-6 104-5
63-8 63'4
81-2

77-S

98'0
88'0
Sl'O

81'L
75'3

Smith-

—

86-31 91-6
41-5; 48-0

930 99'o
610 51

..

65-6

68-2

75-5

Highest...

8S-2

93-1

...

417

424

eO-2, 68-3

92-4
54-9

Average...

65-2

87-6
41-4
68-3

85-8

Lowest

68-3

75-4

76

902

88-S

41-5
88-4

540

87-C
41-0
68'4

Loweat
Average

72'0
83-0

67'.

.

67-0,

940 090'

96-ol 99'0!

.

87-0
45-0

100-0; 98-0 lOl-O
sr-o; 580 800

96'5
6T'8
81 '8

7o'2

94-61

S4-0
*|-0

Fort

68-

.

oro
61-0
7;-a

75-3

75-6

90-0
so-o
74-5

970
810 600
830
97 5 103-7

571

800

58-4
76-2

tfashville.—

—

I

Average...

1

89-8

1

02-0
73-1

95-7j 98-0
1

Ashwooa.—
Highest...

88-0

88-0

89-0

Lowest

4-2-0

5-2-0

400

670

89-9

84-5

Average...
lust»n.—
Highest.
Lowest....
Average...

,

,

860 88'(i
370 430 42
63-3

68

87-7
58-0
78-2

84-4
59'7

53-8
75-0

580
73-4

87-4
51-4
69'4

81-9
52 8
09'3

90

8,

93'6

57-8
78-5

ras

9301

983

570

61-0
81 7

94-3
58-5
75-4

Bt-3

81-01

970
5»3 620

8U-;

79-0

91-0
61-5
78-8

93-8
61-1

96-1

03-5

97-0

98-51

70-

81-8

56-5
7J-3

78-

96'0i

91'0

940

53

52

58-1

91-0
85-0

oio'

62

81-0

8.1-0

79-0

74'6

77'0

82-li

79(1

78-8;

80-4

98-0 tid-o
56-a 80-0
78-6 ,7T,U

93-0

930

0,

98-0

;

68

547
711

7»'2

910 93-0 92 0' 980 960 93
590 83-0 64
«2-0 530
52
780 74-0 72 I 78-3 778 77-8

8-<-0

.

961

1

79'3l 73'5

!

98-0

620

500

78-3

75-3

TBXA3.

—
Lowest —

Lowest

91-0
73-4
84-0

99-6
88-0
81-5

91-0
68-5

91-9
71-9

930

91'9

63-3,

67'9;

119'

78

8-2'2

60'3l 8'2-l

91-6
63-2

920 93

85
610,
910!
5!

1

I

829

94-5
73-0
84-9

94-8
78-1.

74-0

65-2

83-3

92-5
72-3
81-2

98-2
71-8
83-0

93-0

05

930

78-

73-7

83-5

82

95-0

93 t

97 5

69-,'S

08-4
83-4

71-11

82

81-6

80-l|.J»lU

09

96-(
.541

Piitestiiu.—

Highest...
Average...

89'8
.380
5U-3, 01-3

Uish^st,,.
L'lweit ..

A

ver.tg

82'J
35'n

.,

900 92'0
460 570
673 749

—

Highest....

Lowest

Averiige..

60-4

72-c,

78'l' 77-3

81
79 4

S^'O,

030 93

980'

39'0
63-0

54-0;

5:1-3

4,3-0

72'2

72-1

71-9

5|'D

I

I

'

80-9

....

,

89
1

I

51

02

01

55-01 49-0
78-31 73-9

93-0
03-3
83 6

....
....
..

.

98
64

.1

1
I

523
83-81

7
a3-3

....'

76-1

....

71-6

838

93-0
75-0
84i6

l'7-Vi
Ol

97-0

63

100-8
..

93-0' 101-5
11

8-2--:

93K

93-6) 98-0
72-5! 72 ( I 7J-4
8;-8; 81 tJ ndo

1

.68-0 72
81- ij SI-

77-9J

Hlgh.'st..,

91-0

950; 95-0

73-"

....,

A(wfin—

1

61-8
79-U

93-0' 980
68-0' 63-0

...

1

530
739 715
53^

se-0

98-0

.53-0

83-2

980
863

93-,3l

118-0

nvo

70-5
8:-8

81

t Figures prior to Sept., 1381, are for Greene Springs.
t SlaUon destroyed by ttre April 21, 1883.

The following remarks accompany the month's
reports for August, 1885

-nreather

:

hy rtningbt
to state tlitt ilip drough' of Angiisr bat
nml fi-oin wli it I can lo ir lU-'y will
nor. yli-.lil mir. tluii on'-Iivir.
Y"U «im; we li;iil rain on Ui" 'Jd sli.'l.t
raiu 01 til- I-2t 1. Hull tlifiii li>t, dry we illi-r till iieitr thu U-it <>( 'ho
month in all till-, r.iinf, ill for rli« inontii
only 3-20 inolu-s, and of
Weldoii,

-V.

0.— Cr.ip* urn

fujjMtvlUe, y. C.—l inu
very BrK;itly li',lure(l th'j

cii" alio t

rtoii-y

pi-ojia,

V

1

wn

on tliu '2.)ili aiiLl 3J'-b.
O.—.KfKVere cyclooo p ss.-rt along the Carolina coast
on Almost 'Ih, doins «i-e:it rt iin ige to 8e,i laland ciitlou au ro i^ce.
Pi««oW, S O, -There h i3 never li.-cu a mo
i1I,h iotr.)U< druuiiht
than chat of thi pioai-iit ye ir. The eff.jcts of whleh on crops h'»ve only
beome patent duriuij ibis monib (Aiigii.'<i) C miuoucln. Jii.tta!»co-.U'ii
and corn w.:rc l>ejtiiiuln)? t frnit. the d ou«ht continued iiuill tiio 3 tli
Aii)tn-<t.
Cotton will In FO'nfthliix less than hilf a o.-on; the mMt
OT.iblc view 1 laoes it at 45 per cent of an averaj;e.
1 •
ttint,

'i

ini-he< fell

Chariest

in, S.

1

Figures prior to Keuruary. 1835. are for Spartanburg.
* figures
Figures for 1835
MIllnriirAvdlA
1836 are for Mllledgevllle.

*

,

79-B

88'0l

-.1

.

'

81-1

98-0

1

«1;II

0,

08-0
OT-0
81-0

81-0

:

..

67-0

82-0

'

Avera.-e..,
93-7
62-3
76-5

WO

Highest..
Lowest,,.
Average...

Lowest
S9'4

981 99-0

86

83-8

910 930
70-0 870
81'0 760

69-01 72-0

98-o' 91-0

91-f'

Xa-Ol 71-II

,

98-2
8J-9

Letand—

Cleb'trne—

FLORIDA.
JacksonvUU.
Highest...

I.'

Aver;*ga...

QrtfnvilleHighest...
Lowest....
Average..,

930 930
5S-0 980
78-01 750

94-0

98-6I

890

81-0

56-0
78'0

540

Furt Elliot-

1

Highest...!

Lowest

98-0

67";
86-(

980 98-0 loro
600 820 61'!

41-(,

Lowest....

87-0
51-0

940 910' 940
(W-0' 6J-o: 630
79 8, 770; 780

80-0

BTf

890

93-0 101-0
58-0 57-0;
78-0 81-0;

950

87-0

Average...

6")-0

98-6
82-7

'

.

800

880

Average..
BrnokhavenHighest...

900 980 950
650; 630 740

78-0

93-0
84-0

47-(l

Average...
IruUannla.Highest...

93-0
6)-0
86-0

77' 1

,

810,

67-3
71-8

Lowest
90-0
44-0
60-8

940 890
44-0 610
700 70-0

.

T7-4

78-7

88-8

Lowest

96-0
68-5
60-8

81-1

91-0'

78-7

91-0

Qaivi'ston.—
Highest....

92-5

88-0!
88-0!

87 8

Highest...
93-0
80-0
77-7

991

91-0

93-0I
87-01
83-51

Hlghest.

Lowest
76-2

736

Hemphis.-

...,

400

55-0
70-9

.

rENNES'B.

890 910
570 540

4H0
661

Lowest
Average

680 980
53-0 510
770 780
....

69-l<

Vicksbtjtrg.-

Highest...

90-2
58-6

87-0

Lowest

—

Average..
.MISSISS'PI.
Oolumbus.Highest.

650
790

930 910
640 60-0
78-*

96

98-1
76-4

98-1

70-2

Average.,

\

Highest...
Lowest....
Average...

550

Hlghest.

.

60-0

78-4

86-0

.

91-0
63-3

950

840'

71-1

IIighe-!t...

Lowest ...
Average

UtUe Bock.-

GKORGIA.

Aumsta.—

74

65-7
81-1

73-4

63-0

5S-7

ARKANS'i

64-5

I

96-0

930 89-0
580 530

Average,.
PUasant-

Loweat

490

100-7 1040' 162-0
618 64-0 63 8
81-8 8-.-01 81-6

Pt,

60-2
78-9

.

87-11 62-0
78-8 70-9.

75-0

860 860
530 460

—

sr

940

5-fO
73-0

98

9S-0'

920

66-0
62-0
74-0

Lowest....
Average...
Statebur\j,

89-1
58-2
75-8

839

71-2

72-0
7B-9

S.CAROL'A
Charleston.Highest...

Average...
Or'd OotcauUtghest...

93-51 91-5

Filuettevitle—

Highest...
Lowest....
Average..

Loweat...

5-2-3

Lowest

Jutu.

188S.;18S4.]18SS.

VIROIMIA.<

930

Liberty um-Hlghest...

J

'

Thamoimi^fl

UIgtaeat...

THK CHKONIOLE.

Ho4

.""™in—

of
loy <>i
rtpflcipnoy
MtenaeA by iiphcip
-The verv hot siin, attx-nflert
Riniehvra n
..*^';.*"7e„^ ,«o n^i,t ,b do a«y Bood, «";."'? ''«^"!;f^''Xdb;mv'
lo suiu
H
causiQ
aurt
cottoD
of
Kri)Wtli
AniriiKi— HiiiiiDPd Ilic
sot,>..;t
.ra.ldjy Bi,readl«J In a' directions,
Fill

I

NS^"Vl,/oK';|.r,.in».^ f.rc

[Vol. XLi.

—

East India Crop. The following is from the Bombay
Prices Current of August 18
' From the Chamber of Commerce telegraphic summary of the district
crop and wiatlier reports published to-day, it appears that with the
exception of Kattiwareuough rain for the present has fallen evoy where
and fine weather is generally wanted. In all probability the heavy
:

rainfall ot the past

few days will be followed by an int(Tval of fine

excess ot moisture just now will not do
m any case a slight
of the crop may therefore be regai'ded as

weather but

much harm and

the position
exceptionally promising.

ouote lUe

we Have never feeu a eiun

....i

fai uuis, '
lla - Ci Iton

__^^^p bePORTS.

"";"»""••',,,,.„

v,,,,
il.ars, bnt
doinK will. Bmiic couiplaiiits of cater] througU
thcr*?eUo[feHml.erioU8°y. season haa been ^uile favorable
year from
larso yield of cotton is expected tills

F,,rsiilh

*''«l!^«"j!ir(.

la.-A

neiBbborhood
"'jj^rSrf'c"/;«*.!'i™-"'>?;on and cane crops in tl,is whole
cotton
Lalo rains bave interfered somewbat wiib

remarkably good.

the
ilUs.-TUe protracted drougbt continues Its ravages upon
Tn
montb
""Hdtna.'Ark-.-Thf- crop has materially receded during the
rain but most of tbe
some tmall ^imtK ilieic i.s .omplaiut of too mticb
ldJacenT.erri;..ry is .u.ned by drongUt. Some put «hV,''t'*«,TCl
it ft i«lied until
Der.-eut but Ibat is not so. 1 claim a cotton crop is n
SlcmTOois'peut Wet weather might destroy nearly all the crop,
(iO'td.
no
and rains can do
i., i.c^
o"'/
1 6*
Aa^htillc. Te,.H.~A severe dro' sbt prevails in this section,
the roots
Inches of rain liaving fallen since July 12- Grass is burnt to
as
plougli,
cannot
and UiefalU'uiu crop is an entire failure; farmers
tlie gniunil ii. lo.i bard and dry.
. .
^
..
weather.
hot
dry
and
A-ikwooil, fcim.— Uottou doiai; well during this
Cleburne, Ice— Wo have 8uff.!red for rain two months, and lu consequence the coiton cr.i|) will bo nmteri illy reduced below tlie av.-ragc.
The light rains of bust week can hardly recover the lost ground, as a
secona growth nev.-r comes to much unless frost is unusually delayed
but the softening of ilio ground will enable farmers to plough their
lands preparatory to sowing gram.

^

£e'a«rf.

,

,

,

,

;

—

Egyptian Cotton Crop. We have received this week from
our Alexandria correspondent the following interesting letter,
giving the condition ol cotton there on the 31st of August.
Last Saturday a cable dispatch was published by the daily
press reporting serious disaster to the crop, saying that
" rainy vi^eather, fogs and cold have reduced the expected
"yield 50 per cent." An inquiry by cable was made by one
ot our merchants respecting the accuracy of this dispatch
and the reply received, which has been sent us, was "crop
" slightly damaged; we estimate crop about 3,500,000 cantars;
Taken
"quality deficient as compared with last year."
together these dispatches seem to indicate that some harm
has been done the' plant since the letter below was written.
The situation, howL'ver, the last of August is pretty clearly

" Agra.— Cotton plants want fine weather.
"Delhi. -Cotton plants want tine weather.
" f'awnpore. -Cotton plants want flue weather.
" Nagpore. Crops good.
" Amraoti.- Cotton plants could scarcely look better. Food grains
doine well.
,
.,
„
...
•'
Khamgaum. -Cotton plants flourishing and in Hower.
'•BarBi.—Cottou plants flourishing.
,,
.,
" Hubli.— Where sown, food grains doing well. Almost no rain in
Eastern and Norlliern dietriets.
••
Dhulia.— Cotton plants want flne weather.
" Julgaum.— Cotton plants want flue weather. Food grains doing

—

•

.

"

Broach.— Cotton plants look

well,

but

flne

weather wanted for

weeding.

Wudwan.— Cotton

plants flourishing.
" Veraingauin.- Cotton sowing making good progress.
" DhoUera.— Cotton sowing making good progrc.«.s.
" Bhownugger.- Crop prospents generally good."
•'

—

Ark.\ns.^ Cotton Crop, A dispatch to the New Orleans
Times-Democrat, dated Little Rock, September 18, says
:

" Reports from a majority of the cotton-growing counties ot the State
show that the cotton crop is turning out better than was anticipated
three weeks ago. The yield is good, both iu the uplands and bottoms,
e.Kcept in some localities where the plant was injured by drouth, aud
many planters are making the second pieking of the crop. Wet weather
has retarded gathering, but has not, so far as learned, caused material

damage."

—

Jute Butts, Bagging, &c. There has been considerable
inquiry for bagging since our last, and buyers are picking up
There is not much to be had
all the lots that may be offered.
at the moment, as makers are pretty well sold up, and have
contracts for some time ahead. Prices are firmly held, and
sellers are quoting 9@9^c. for 1^ lb., 9,i.i@9?4C for If^' lb.,
103^4® lOJ^c, for 2 lb, and llf^c. for standard grades, while some
Butts do not show much imare looking for more money.
provement, and only a few sales are reported. Prices continue steady, and there is not much disposition shown to accept less than quoted figures, holders preferring to keep their
supplies for a more active demand. Paper grades are offered
at \%@\}ic., while bagging qualities are obtainable at
2@2,i^c.

COMPAEATITE PORT RECEIPTS AND DAILY CROP MOVEMENT.
The following are the daily receipts since Sept. 1 for six years:

stated in the following.
Alex.vndria, August 31, 1885.
Meiisre.

William B. Dana

&

1885.

1834.

1883.

1882.

1881.

1880.

Co.:

Sirs.— Since iiy last the weather has kept extremely damp, consequently favorable for the development of the cotton plant. The pro.'i.
pects of barve.'-t are still very satisfactory ; however, tlie opinion that
we shall not have more than 3,i)00,000 or 4,000,000 cantars maximum
is contlrmed and is geaeral.
The Nile is still high, but the abundance of water is no longer of importance for the uiainteuauce ot the plant, it having no need for more
if the increase of the Nile was watched now it woi\ld be from fear of an
Inundation, this fear hitherto has been but sligUt ihls year, tlie dikes
having been everywhere very well taken care of, and the Nile, although
having risen rapidly, has not gone above the level of 1883; iu fact.
It is even lower than in 1883 and at the level of 18^2.
Uence there
has been nothing to fear ou that score.
It is confirmed that the crop is at least a week Inadva-oeof last
year's; and the reason why we have not had more important arrivals
during the last Iwo weeks of August is entirely because of the course
of prices.

There has been during late months almost apanio in the villages
among the small Greek merchants who usuallj' have advanced money
to the fellahs tor the crop planted the greater part are nearly ruined,
and the decline in prices in Alexandria and iu Liverpool has exceeded
;

expectations. Now this last summer these Greeks have generally held back, aud very few advances have been made to the fellahs.

all their

Sept.l....
" 2....

"

3...

"

4...

"

5....

"
"

6....

8.

7...

"

8....

10,390
8,634
8.660

" 9....
" 10....
" 11...
" 12...

11,835
10,95b

" 13....

B,

" 14....
" 13....

16,633
13,83!
13,182
12,536
17,538
14,257

" 16....
" 17....
" 18....

" 19....
(1

n/\

«•

7,3.56

8.

" 21....
" 22....
23....

The government has

2,914

6.311
5,675
4,910
5,870
6,205

23,011
17,284
17,879
16,951
25.491

2,o4ii

2,052
2,519
5,040
3,704
8.

8,206
5,646
8,396
6,214
10.459
8,579
8.

1C,590
10,205
12,970
15.397
16,390
13,104
8.

25,009
17,833

2,765
8.

7,215
3,996
6,169
4,969
8,194
8,143
8.

13,920
9,486
8,038
9,478
15,283
11,742
8.

21,8C»
11,760
15,195
11,087
22,166
15,709
8.

5,055
2,390
8.

5,868
3,396
5,630
4.4 93
6,405
6,405
8.

11,202
5,645
7,474
8,044
10,742
8,060
8.

16,598
9,606
12,733
13,039
17,187
16,201

5,600
10.356
10,182
S.

18,839
9,069
7,637
8,181

18,792
13.054
8,

16.595
17,797
14,674
10.870
21.062
16,364
8.

17,206
19.476
15,651
13,996
29,700
15,866

5,037
5,669
10,512
6,474
8.

14,754
9,315
8,616
11,096
10,862
15,646
B.

20,812
15,117
13,999
16,191
20,900
18,470
B.

30,306
20,049
17,749
19,484
30,355
21,788

telt the etl'ect of this, the taxes for Juno and July
8.
28.346
16,154
" 24....
being mucli in arrears, particularly ia the province of Garbieh. It fol
8.
27,438
11,369
" 25....
20,924
lows that while iu other seasons the fellah suffered relatively little from
275,465 231,486 252,899 204,117 310,887 343,231
the decline in prices (his oolton having already been sold in Juue aud Total
Peroentag e of total
July) this seasou he alone will suffer the lose.
05-82
04-8"
06- .59
03-39
05-21
port rec'i)t8 Sept.25
The general tone ot the market In J-iverpool last week has had the
effect ot delaymg ibe harvest, and 1 anticipate (if the Liverpool maikel
SHIPPING News. The exports of cotton from the United
does not improve, which seems very improbable) arrivals lu September
States the past week, as per latest mail returns, have reached
will be less Important than one had reason to expect.
So far aa the Southern ports are concerned, these
23,344 bales.
small Invoice of cotton was sent last week from Fayoum which was
are the same exports reported by telegraph, and published in
sold fcr $iO 50— that is $2 75 less than last year— this has had the eti'ect
With regard to New York we
the Chronicle last Friday.
of a cold shower-bath on the agriculturists, who had hoped for *l 1 50 or
include the manifests of all vessels cleared up to Thursday
$11 75, and although the hat vests had already begun H»ey were stopped nii:ht of this week.
, ^
,
short tn expectatiou of bettor prices. The little cotton that had been
Total baUt.
Aurania, 819
gathered was stored.
New York—To Liverpool, per steamers
Republic,
City of Rome, 1,363
Britannic, 2,-JiO
At Zagazig a siu.ill purchase was made at $1 1 25 which was sold here
2,061. ...St. Rouaus, 2,829. ...Spain, 1,944. ...Wyoming,
at $11, which is *i lower than In 1S84. This shows whether the
11.716
450
poor
oo«
Greek merchants have reason to be hard pressed or not.
T Hull, per Heamer Chicago, 500
644
ula,
644
steamer
Can
per
To Havre,
Yours faithfully,
630
E. 8.
Elder. 600
Ttt Bremen, per fate;.meis Donau, 150
1,150
Khaetia,700
Haium
'Uia,
450
sieamers
per
To Hamburg,
Th«e prices are per cantar and stated in Egyptian dollars or
300
To Antwerp, per f-teanier Belgenland, bOO
163
tallari, which is a coin within a trifle of
To Geiio.i, per steamer .Sidoniau, 163
the same value as our
Hsw OKLKANS-To Liverpool, per steamers Dalton, J,608.... 4,186
dollar.
Exploier, 2, .578
1,435
To Vera Ci uz, per steamer Estaban de Antunano, 1,435
EastIndi.\ Crop Prospects.— From Bombay to-day
1,600
our Fhiladelpuia— To Liverpool, per steamer Lord Ciive, 1 ,600. . .

—

RA

•

cable advicen state that crop accounts continue
good.

Total

22,311

Septkuuer

The

THE CHRONICLE.

30, 1880.]

«M.«a»Cl«.

ahipments. arranKeJ in oar uHual

particiilani of these
followi^:

866^
Maa« •»(.

TuaMHa»l.lM.

ill.

form, arc hs

Itrtvien

IIhU. Bnrre.

Vnnl.

New

SUO

York. 11.716

N. Orleand.

burff.

(141

»V0

1,!I0U

4.18<l
l,tlU0

Plill>i<U<ll>'u

Total.

1,435

23
3,021

1.435

22,314

1B3

1.^.1

,

I

17.50-2

XotK'

Yen I
Antwrrp. Genoa. Cruz.

flam-

tf

iitret-

614

flOO

163

8J0

1,900

,)i00

Below we add the clearancee this week of veeselfi carrying
ootton from United Statos porta, bringing our data down to
the latest dates:

Hew

Ori.kans— For Uverponl— Si-pl. l^^-.Steamer Boilnqiien, 2,302....

,

Oun

onm

ffitk

4.

4.

an

8I)A

88<l

B2.1

9'Jl)

8sa
5t0
580
BIO
688
888
B««
881

Urn. OlM.
A.

«.

Bsn 8 8a
5<a 8 8!l
gai>t..()at...
oto 880 8<n 8 8<l
0«t.-NoT...
Not ..DM... 819 81V 8 111 8 IR
Dec- J an.... »vo 8 80 5 80 890
Jan-fW.... 5M 588 8 88 8M
7eb.-Maroh btft 883 8 83 8 88
Maroh-Apr 6S7 8 87 8 87 5 87
Aprli-May.. 580 880 J80 830

B«pt«mber..

StfX Uvt.

*.

4.

Om.

!<*«.

4.

4.

d.

887 Baa 687
8«« 8M 611
881 580 681
8*1
SSI

6M
8M
6M

6*1

a««k tMV.

am.

687 887 887

4
887

8 8t

6

4.

4.

8 2«

6 84

6«V »«V

nn

r.

.11

.

829

681

6 81

I

6 8S

»»n
sari
820 681 82H
83H 88>t 688
6 31 8Sl 681

.i;l

8^M S8>> 8 34
88» 589 589
Srfl 6« 641

614
696

-.

6W
»n

Biiit. '.Jl-S I'lim.r Piofc«-«>r, l.a-'H.

Fur H.nrfloiin 8i'i>l. 21-iiai'k Allirn 4.53.
CnAUi ESTON— For I.lvi'iponl— Sont. 1:1— sti'iimor Poturo, 3,000.
npliulinua, 4(i3
BoBTo.v— Fur UvBnini.l-SHiit. ll-St<iafiier
.seiit. IS-Sli'iiiimr P.ivoul»,
11— .stDaimr KiitmiM", l.StIS
Fiir Yariiioiitli. N 8 -Spt. 10-8trampr Alpliu. SO.
BAI.T1m<)HE— Fur LivenKiol-Sept. lS-8iimiiier Mcuiiiiore. 884.

Below wo

We4nes., Sept.'^3.

ifivp all

wm rt'purtc'd ou September 14 to liavo boeu ou tiro 1q lior ooa'

iVo ,
iMiiikcr.

from New York f jr Liverpool, at
), Irvlnir.
mnlc.r cliattcr to the Iiiiiiau l.l'ie, while ifrocf-eiliMi; :o Kea
nlter-ioon uf the U»th lii.st, ami when ahoiit o!ie mile fi'inn the
Saiiilv It. ink I.I>;liC8hip, ciiiiie. in ei>lliiil»n with nteaniur .\iiraiila, of
steamer (Br

11',

j>r»-8i.'ut

the Ciiiiunl

i.luii,

Sew Voik

troni

tor

I.lvoriiool.

dam.t.i^o.

«.
82(1

A.

8ept«mt)or.. 8 26
Sepi.-Oct... 5 88

886 Bza
883 5 83

OCt.-NoT_.. B21
NoT.-0«o... 8 20

8 81

8 81

821

880881

821 8 81
Jan.-Feb.... 882 8 8:1
feti.- March. 883 625
March-Apr. 3 28 5 8H
Aprtl.May.. 830 5 81
r>ec.-Jan

...

8 21
8 83

828
8 23
5 88

328
830 531

Hon.

LIverjMol, steam

<l.

Havre, steam

Do

»ilS'3»* 9„S53..

8all...d.

t)o

c.

sail

Do

sail

Do

sail

....

.-—

''le'

"ifl"

"33
...

Do

.-..

"32

lat^H'

Tjjav

c

Barcelona.gtcam
Oenoa, steaiti

—

•

e.

»3S^

V

c.

rleste, steam...

....

....

"32

"32

»:,3'

'32®

--.

».«*

»H3'

•*•

V

»32*

"sa-

V

"32

732® I4* •J.32»V

.--,

....

»33*

»3a-

932*

H-

M-

H-

»:.»*

9.S2*

»32'

Antwerp, st«am..e. »3233ie' 33„*3„' ^IS^'lB*
*

Bi63V 6„as8

.-

>8»»'4-

<t.

sail

.-.-.

"32

"saSt^ta

SS3®^1.>* °32a'lB'

Compressed.

—

By cable from Liverpool, we have the following
atatemeat of the week's sales, stocks, &c., at that port. Wf
add previous weeks for comparison.
Liverpool.

.?«/)«.

bales
week
Of wUI'h exporters took
Of whieli speeulators took..

Bales of the

Bales .\nierican

Actual export

47.0
5,0i

...

1,000

37,000

35.0IK.

.

3.OO1.

2.000
5V>0,(ll>il

Of wnieh American— Estim'd
Total Import of the week.

Of which American
afloat

,

Of which American
* .Actual

48,000
4,000
5.0IJ0

Forwarded
Xotal atiM'.k- Estimated

Amount

Sept. 11

4.

40i,U00

3.0'J'

000
370.000
.S54

12.001'

17,00
14,000
2S,00U
10,000

7.00t
21,00t
U.OOO

Sept. 18.
50,0<>('

4001.
2,000
34.000

Sept 25.

57.000
5.000
3.000
38,0(10

7.00<)
6.000
.).000
3,000
5 11,001 187,000
314,00( •aist.ooo
ll.OOC
11,000
7,000
10,000
3.S.000
22,000
12,00c
26,000

count this day.

flour

of spot cotton, have been as followa:
Saturday Uonday. rae$day.

Market,
12:30 P.M.

Firm.

Mid. Upl'ds
Mid.Orrns.
Sales

8pec.*exp.

Wedne$. Thurid'y
Firm.

Elarden'g.

57.«

upward tendency.

ness was, however, in the local trade.

500

8,ono
1,000

10,000
1,000

8 000

1,000

Hftrden'e

tendency.

Firm.

S'la

10 000
1,000

8.000
1,500

fatnreM.

Market,

Riisj(

l'i:30p.M.{

Market,
4 p.m.

)

at

StPa^T

1-61 rleclina.

Dull.

Staady.

Firm.

ill

1-H4 .id-

RaiT at
1

(VJ

.0-

vanco.

cltne.

QDlet.

ifteadT.

ateiirty

at

l-«4 ad

•

vance.

8toudT at
1-iiide-

cUne.
QDlet.

(

highest, lowest and closing prices of futures at
Liverpool for each day of the week are given below. These
prices are on the basis of Uplands, Low Middling clause, unieus
otherwise stated.

and 6KAs,

8B1

ttti*.-

The

principal busi-

Dealers replenished

encouraged by the cooler weather and the

were on a safe basis; but beyond the

demand continued moderate.

West Indies, &c., the export
Bye flour and corn meal re-

5 62 meant

in the

week,

Some spirit to the more distant months. The upward
movement began with the idea that wheat was cheap, and
when this influence waned the uprising in R jumelta and the
tvith

diplomatic complications caused thereby stimulated a fresh

movement. The advance culminated on Wednesday morning;
a sharp decline followed, but was partially recovered on
Thursday afternoon on fresh warlike advices frona eastern
Europe. Buaines.s on the spot has been only moderately
active, an.i mainly for home use, but prices were decidedly
To-day futures were active and clo>el slightly
better.
dearer, but there was very little doing on the spot.
DAILY CLOSING PBICES OF NO. 2 BEI> WINTER WHEAT.
Sal.

Jfon.

Tuet.

Wed.

Thurt.

£n elevator
October delivery
November delivery

94
95

93

96

9i>

95

97^

96

95>*

97

g^ie

9i)i4

97

Doeemoer dehvery
January delivery
February delivery

!>8

98%

9714
OS's

9l)»a

10J»4

9-ag
lOOi*
lOl^s
I0314

98^
lOoig
lOO^d

«7^
99%
10.i7g
1<

2%

Fri,

100\
102H

Indian corn futures have sympathized but little with wheat
which values have taken. The recent good
weather in middle latitudes was believed to assure ;t g<x)dcrop

in the course

for the current season,
els as the total

and an estimate

of

yield has been put forth.

1.900,000.000 bush-

A

partial recovery

inside prices has latterly been raade.and at tiie

low figures

current there has been a l*rge export businesi in parcels on
To-day speculation was
the spot and for early delivery.
stronger and the export demand fairly active.

DAILY CLOSING PBICES OF NO 2 MIXEU COKN.
Sat.

Jfon.

Tittf.

Wed.

September delivery

4n>4

'JS^

iSH

4^

4'<>4

Ootolier delivery
November delivery

49
49
48
40

4858

49

48^
4S%
45%

49'8

48%
43%

i-*\
4a"8

4-i'4

4s

4U'4

4.6^

December ilelivery
January delivery

TKttri.

^H^
4>%

tri
4.9^
48<^

48%
48

4S

Oata have scarcely varied, although at timf>s th- sp^^culation
has been active and the export movement h is c lati.mad on a
The most conspicuous cnange was the
moderate ecile.
decline in the choice old crop white oats, wnica have been
To-day the miricet was fairly
bringing extreme values.
active

The opening,

pri.CT are (riven In iifnc«
^„TJ^
<i2-64rf., atui a 03 meutu 6 3-Oid,

883 823 683
685 6 8.^ 583
688 388 888
631 681 6 31

regular shipping business to the

Fruiav

5>a

7,000

..

rirm.

6 81

market has been more active and prices had,

early in the week, an

from

The tone of the Liverpool market for spots and futures each
day of the week ending Sept. 25, and the daily closing prices

Spot.

6 81

821

with the speculation in futures unusually active, extending

.--,

Tib*

Bail...c.

584
887 8 87 586 6i!S
380 880 588 689
582 888 8 38 5 38

5 21

581

'la'

....

steaiu.c.

881 681
584 6 81

4.

688
eta
631
681
621
623
683
628

mained slow of sale.
The wheat market was quite buoyant early

'le-

Do

4.

826 526 586
523 6 81
521 8 81

8 83
5 81
6 21

....

7i«'

Amst'd'm,

Low. Oct.
d.

aa«

39'

...

4.

%*

%•

»1««V »ie»V 818®%

Ovn

4.

....

H'

e.

Beva', steam

....
3g.

....

Hambnrf;, steam.o. 516*38*

Fn.

»04®»32* •ua^ao- '64 8^82'

....

---.

e.

Ki^H,'

ThuTi.

....

c.

Bremen, steam.. e.

Wedne*.

Tvet.

OtOf.

4.

Fkidat, p. M., September 25, 1888,

The

indications that prices
Satur.

5 22

8 81

5 83

tow.

887 687 6 2584 8 84 581
8 88 881 821
888 821 881

827
8K4
888
822
8^8

8 23
8 81

5 21

d.

<l.

8READSTUFFS.

their stocks freely,

the past week have been aa followa:

freli?ht3

d.

Aiiraiila
oaptalii of the

STBATiiMDnh:, steamer (Br.), at Savannah, loiuling for Liverpool. A
slijfhl tire was diseovere:), Sjpt. 21, In the cottim eir^o o' IMtUh
steamer Strathiuore, whieli wiia extiugnished with very tritliuK loss

Cotton

PtIm 8«»t. !M.

t^ept. •14,

The

tempi 111! to eriisn tiie I) >ws of the Keimnlie. The
Kepiihilc, Boeluu that a eoUfftiim w.isllkel}- toojciir, Hlfinalerl the
enuiiKier to luiek at full speeil. Imt win uiia')li to avoid Mtrlkiurf
the Aiiranln on her port cjmrti'r, dentins In the Aur.inia's plates
anil e:iii.iin(; her to roll conslderahly. The K-puiille hut her atom
bttdiy twisted ami a nnmher of plates on the HtarlManl how stove,
ciiiKiQH her to leak and compelling; her to reliini to port fur
repairs, iho Aurania proceeded to sea with apparently slight
al

Om. Opm HHh

Oven Bith Low.
d.

news received to diite of diHasters to vessels
oarryuig cotton from United Stivtes ports, &c.
Fakih, flliiiiiuer (Fr.), at New Orleans, loatlinic wltli cotton for IlivreREPtlii

Thara.,

Sept.
OJll.

and

prices were a fraction dearer.
D.IILY CU)SIN0 PU1CK8

OF

NO. 2 OATS.

Sat.

Uon.

Tift.

Wed.

J'Awr*.

Fri.

SBptember doltvery
October dellverv

29'9

29^8

Jit^

.il<a»

ZOSg
21>%

November delivery
Decimber deuvory

3(.%

oCa

81%

bl>s

2»a8
ii»%
30»8
Si's

it'>4

2\l~a

i«^
oO"?
....

29'^b
»'"ii
81»(i

30^

THE CHRONICLE.

36(5

Rye remains quiet and nominal. Barley is coming forward
more freely, and prices are depressed and unsettled. Barley
the
malt is selling only in a retail way and quotations are for
most part nominal.
The following are the closing quotations:
Sbbl. $2 75® 3 59 Sonth'n com. extras.. $4 OOa 4 65
2 35® 3 ao Saatliem bakers' and
4 75 9 5 50
family brands
3 50® 3 85
30J9 3 45
ifinn. clear and atra't. 100 a 4 90 Ryaflour
Wlntershiup'gextras. 3 60» 3 85 Corn meal—
— 3 15 a 3 30
Western, Ao
Winter XX & XXX.. 4 009 5 00
3 35
Brandy wine, Ao
4 7.ia 5 75
Patents
5
25
3 7o«
City snipping ez

—

OBAm.
Rye— Western

Wblte

Com—West,

91

mixed

98
30
49 13
52
51

47ifl»

61
65
32
40

_

30

White
No. 2 mixed
No. 2 white
Barley Malt-

97

«100

78
85

9
O
a

60

State and Canada... 63
27
Oats— Mixed

98

84
90
96

Week,

8.& O.Am

W. Indies
Brit, col's

32%»

34

90 01 05
Canada
481a*
West. mix. No. 2.
State, six-rowed .... 75 » 85
49 ®
West, white
70 a 75
two
rowed
State,
49 ®
West, yellow
Barley No. 1 Canada. 80 -S
60 a
White Southern
'51
2
Canada
70
®
No.
50 9
Yellow Southern
The movement of breadstuffs to market is indicated in the
statements below, prepared by us from the figures of the New
York Produce Exchange. We first give the receipts at Western
lake and river ports, arranged so as to present the comparative movement for the week ending Sept. 19 and since July 25
.

for each of the last three years:

Bush,
420.291
799,171

V/eek,
Sept. 19.

Sept, 20.

Btish.

991
158,690

Bush,
278.281
81,524
11,132
5,318
2,500

20

866.869
167,330
11.861
7,693

1,192

230

890

579,409 1,220.674 1,033,988

379.645

11,151

120

By adding this week's movement to our previous totals we
have the following statement of exports this season and last
season:
Wheat.

FUnir.

30%

2914 »

1884.
Week'

1885.

Sept. 20.

Bush,
406,217
171.006
2,186

Bbls,

116,335
8,493
12,238
9,154

149,332

Oth.o'n'ts

Total..

Sept. 19.

Sept. 10.

80,864
1,522
22,943
32,311
11,572

1884.
Week.

1885.
Week,

1884.
Week.

188.5.

Sept. 19.

Bbls.

Saperflne
BprlDg wheat extras.

eprtng.per bnsli.
Spring No, 2
Red winter, No. 2
Bed winter

week
to—

for

Dn.Klng.

Fine

Corn.

Wheat.

Flour.

Export*

Contln'nt

IXODB

Wbeat-

[Vol. XLI.

Bxiorts to— Aug, 24

to

BbU,
On. Kingdom
Continent

Aun, 25

to

Aug, 24

to

Aug. 25

Sept, 19.

Sept. 20.

,Sept. 19.

Bbls.

Corn.
1884.

1885.

1884.

1886.

1888.
to

.S<pJ. 20.

Bush.

flusft.

Aug. 24

1884.
to

Sept. 10.

Ar<<).

25 to

Sept, 20.

Bush.

Bush.

452.227
47.585
51.688
61,744
62,714
3,122

2.151.021

4.001,118

528,550
2,208

4,265.566

2,350,432
674,439

1.044,300
290,844

640

61,388

Otb, oountr's

233.080
6,699
69.236
83,899
80,342
2,670

Total.

445,833

879,076

2.681,789

. .

& C.Am...
West Indies.

3.

Brit. Col'nies

The

...

visible

3,003

2.721

59,691
43,096
11,510
2,565

8,270,329

3,129,640

1.451,808

31,046

12

9,810

supply of grain, comprising the stocks in granary
accumulation at lake and seaboard

at the principal points of

mow.

BtuivU ot—
Chlosgo

Milwaukee
Toledo

.

Detroit
Olereland. ..
8t. Louis ....
Peoria

Wheat.

Corn,

Bmh.m Ws

218,310
5,150

10,363
1,775

Duluth

Btish.32

m

Bush.tiaibs' Bush.56

911,225
13,450
18,879
20,123

960.995
12,820

37.208
9,783
2,000

Sye.

Barley.

Oasfs,

K>!s,196«)s SiMh.eO lbs
289.720
68,872
94.483
35.093
3SS.651
4,406
327.542
1,923
12,050
5,870

46,330
2,420
7.619

177,931
92,247
7,000

13,880

10,700
1,000

271,620
182,&85

139,993
452,170

49,321
8,400

14,822

78,191

7,000

663,464

Tot.wk.'SS
game wk. 'S4
Same wk. «3
S«B«« J«lu25
188B
1864
1888

136,901

1,793,370

1,483.313

1,614,205

156,689
191,318

3;850.590

2,043,154

1,969 680

346,622
448,386

2,»88,839

3,364,674

1,530,448

497,997

898,151

13,830,787

15,564,165

12,572,011

990,323

727,320

1,419,394

25.672,757

16,674,028

13,181,704

1,288,818

1.596,075

1,871,731

20,924,193

21.172,275

13.356,014

225,199
835,300

2,308,338

1,158,729

The comparative shipments of flour and gra'Ia from the same
from Dec. 23, 1884, to Sept. 19, 18S5, incluaive, for four
years, show as follows:

ports

1884-5.

Flonr

7,810,014

bbls.

Wheat

bush.

Com

35.r.l3,8B4

71,944,996
38,482,053
2,906,701
1,406,806

Oats
Barley

Rye
Total grain

....

149,254,420

Below are the

1882-3.
6,381,184

188.S-4.

7,862,092

44,286.555
64.073,804
38.037,352

1881-2.
5,412,605

4,512,819

31,769,230
82,278,907
35,772,573
4,993,228
4,148,5U0

38,262,415
52,146,835
26,91n,39d
2,446,082
2,052,220

151,044,492

158,962.443

121,822,949

3.103, 96J

and in

transit by rail
Wheat,
hush,
In store at—
New York
7,429,693
Do afloat (eat.)
271,907
Albany
2,000
Buffalo
3.378,974
Chicago
12,834,655

ports,

Wa

Newport News...
Richmond, Va. .
Milwaukee
Duluth
.

Toledo
Detroit

Oswego
Louis
Cinciunat)

St.

Boston
Toronto
Montreal
Philadelphia
Peoria
Indianapolis
Kansas City
Baltimore

Do
Do »n

afloat
Mississippi.

OaraU
canal

Tjt.
T.t.
Tot.
To:.

Sept.l9,
8ept.l2.
8ept.20.
Sept.22,
Tot.Sept.23,

ports for four years:
1885.
bblB.

,„

Wheat..

r>-3eh.

Corn..., .._...
Oats....

Barley

Eye
Total

The

rail

bush.

Sept. 19, 1885
Oats,

bush,

836,838 2,788,428
657,939 427,157
22,000
9,300
10J,930
275
483,713
41,431

33,176

796

72,328
12,351
142.555
197,462
15,820
146,903

17,951
114,327

:

Barley,
bush.

3,500
17,379

Sye,
bush,

22,680
10,024
5.000
9,777
145,418

1I,86S

2,500
83.396
27,282
23,840
66,951
250,939

211.129
26,913
81,139
5,800
2.600
306,361
139,335
74,875
8,903
7,806

4,638
5,535
631,827 1,217,211
916,942
12,174
762,395 119,819

'85. 42.618.537 5.596.975 5,619.848
'85. 42.248.202 7,153,963 5,720.856
'84. 22.312,651 5.418.9:i8 3,611,360
'33. 26,171,613 15,b92.06l 5.700.046
'82. 13,287,951 6,700,338 5,766,702

3,150
SOfih'i

726

401

81,526
6,663
12,533
11,120

31,821
24,819
19,883

419
17.874

404

5,200

12,812

241
4,688
70,712

31,455
84,664

221.525 456.151
198,864 540,232
447,563 1,127,262
610,238 1,697,313
328,584 760,785

shipments from Western lake and river

rail

Flour...

650.511
1,723,712
1,316,031

Onlake

On

72.264
3,206,778
1,392,430
1,739,116
914,761
173,471
3,025.033
117,215
94.791
90,477
408.058
1,119.131
1,586
218,000
722,492
1,539,953
175,455

and water,
Com,

1884.

Week

Week

Sept. 20.

Sept. 22.

160,781

121,905

97,875

146,489
692,923
239,585
564,143
139,717
67,330

2.238,609
1,50"..'!93

483,038
326,162

413.907
668,413

1.612,837
140.821
43,435

1,290.352
155,749
38,601

1,206,340

5.518,117

2,293,902

2,599,793

1,752,698
last

four

weeks were:
Week
Flnnr,
Wheal,
endingbbls.
hush.
8epil9,'85 176.486 2,238,609
8eptl2,'R5 186,M9 1,400,547
Sept ,'5.'85 IH.427 1,580,450
Aug29,'85 135.891 1,328,959

Corn,
bush.

1,512.020
2,050,741
2.617.799
2,153,401

Oats,

Sarleu,

bush,

1.618,422

bus/i.

1,987,442

140,824
61,022
24,580

1^971045

7,491

i,3-*7.378

Friday. P. M., September 25, 1885.

Sept.

194,223
86,710

and lake shipments from same ports for

THE DRY GOODS TRADE.

1882
Week
23

1883.

Week
Sept. 19.

Bye,
hush.
4:<,455

126.601
41.212
75,333

The

situation in the dry goods trade continued fairly satis-

factory the past week, although the volume oE business was
considerably less than in previous weeks, in accordance with

general expectations. There was a steady movement in seasonable goods from first hands, which was accelerated somewhat by an announcement that West-bound freights will be
materially advanced by the trunk lines on the 5th proximo.
The jobbing trade was less active as regards transactions with
buyers on the spot, but there was a marked improvement in the order demand, which indicates that large

and winter goods are passing into consumpand that retailers' stocks are already in need of replen8.333.961 6,990,287
235,917 238,604 ishment. The tone of the market continued steady, and some
Iwfks'Sl.
6,705,527 5,887,389 329,155
,.„, „..
975.228„
The exports from the several seaboard ports for the week descriptions of woolen goods, hosiery, knit underwear, &c.,
ending Sept. 19, 1885, are shown in the annexed statement:
were marked up by the mill agents, while domestic cotton
goods and imported fabrics ruled firm and unchanged. BusiExports
,_
Wheat,
Com.
Flour.
fromOats.
Sye,
ness atneirly all distributing points in the West and South is
Peas.
progressing favorably, and there is a manifest tendency toward
Bttsh.
Bush.
Bbls,
Bush,
Bush.
Bush.
New York 331,885 515,940
70,828 603,468
8,277
11,551 improvement in the Middle, Eastern and Pacific States.
Boston.
69,496
41.615
43,427
10,807
Montreal.
131,029
94.880
Domestic Cotton Goods. The exports of domestics from
16,808
25,393
19,991
Tot.,

4 w.

quantities of fall
tion,

612.056 6,548,565
914,667 8.796.706

.

.

Phlladel..

224,400

Baltim're
N. Orl'ns,

46,999

12,003

Rlchm'd
N. News.
Total

8'me timp
.

—

2.675
7,237

during the week ending Sept. 32 were 3,225 packages,
and the principal shipments comprised 1,411 packages to Great
this port

19,808

2.57

8,700

Wk

1884.

l>i5.1I7

1

Britain, 303 to Brazil, 115 to British

149.332

659,476

8,277

'220,674

158,690

2,619

174.541

379,615

The

destination of these exports
is as below.
corresponding period of last
year for

comparisoa:

We

31,542
11,015

add the

West Indies and 98

to

U.

Colombia, The demand for staple cotton goods at first
hands was steady though moderate, and the jobbing trade
was below the average of previous weeks, but stocks are now
in such good shape that prices ruled firm on all such goods as
govern the market, Light cotton fabrics, as white good8»
S. of

579,409 1,053,988

SBriEMBER

THK CHRONICLE.

loan.]

20,

etc., were decidedly more active, very satisfactory orders (for future delivery) having been recorded by the
mill agentt). Print cloths continuod weak and in buyers' favor,

which brought satisfactory prioM and m>\d well, but othar
public sales of dry-goods were of minor Importance.
Importation* of Orr iH>o*m.
The importations of dry go(KU at this port for the week
wading Sept. 'H, 188n, and since January 1, aud the ««m4> faots
for the corresponding periods aro mt folU)wa:

scrim curtains,

sales of extra OixOts
atilf^*^. less

1

having b<en mide

(in

exceptional ome*)

p<^rcent, thoui^'athe ruling price for

3tt7

goods of that

was SJ-^o. less J^ per cent. Prints were less active, and
there was only a moderate biisiaesB in ginghams, but loading
makes of t)ie Utter are exceptionally scirce and very linn in
price.
Figured cotton dress goods wore in steady demand,
and there was a fairly good movement in cotton hosiery at

gr<tde

Mm

u

firm price?.

Si

—

Domestic Wooi-en Goods. There was a good steady business in mon's-wear woolen'' adapted to the spring trade, further liberal orders for worsted suitings and all-wool and union
cassimerea having been placed by wholesale clothiers. Heavy
clothing woolens were only in moderate request, but fair
deliveries of worsteds, overcoatings, etc., were made on
account of back orders. Indigo-blueflannel suitings continued
in steady demand, and leading makes are stiflly held at the
late advance.
Satinets and Kentucky jeans were in irregular
demand but firm. Cloakings, Jersey cloths and heavy stocki.
nettes were fairly active, and a moderately gooJ business was
done in ladies' cloths, tricots, soft-wool suitings, all-wool
dress goods, body cashmeres, etc. Flannels and blankets continu^d in good demand and very firm, while there was a

movement

fairly satisfactory

in shawls, skirts

and

carpets.

hosiery and knit underwear continue to move steadily,
and stocks of the latter are so well in hand that prices have

Wool

appreciated from

T^ to

s
-JttO

*to to fe
M
ODit^ — M#w 25 OIO-OIW

MOttOlO*

*. -J

g
*-

cncflio^'lo
00 50p> K)
'iobosi'tio

c

OD*-

OD

ICKICCC

eo^a*^

tap

«-

VK^C
'^9

too
(-•C CO J^feO-H

oof

Mbb-j'jD
0>«XifcM

00 to
00

MM
^^ *b» to

o»
J-

1

M»0CJ1M<I

bcuxlo

I

05 a.

-.0

ooa

y*

9.526

MtO

oo

Mjouicoa

Vox

^l' j'-^VlOD

JCM/.M*J
b CO bob to

OJ

t

^^
-

©

-i)

(Of*

X *»

t-*

t5 oa

—

sh ire of attention, but the demand for linen goods, IaC;»,
embroideries, hosiery and gloves was chiefly of a hand-tomouth cliaracter, and moderate in the aggregate. The auction
rooms presented large lines of imported cloaks and laces.

«

bsit^t9Caci

to-)
'

OMO<

•*

MtPtOlJgS

I

M

to -^1

*jt

MXOOC;'©
to 3(0 ©CO

M

A ^

**©©»©
CS

- 00

-Jt

-J

a

10

i&to

pyivipta
OJtOWtOM

to 05

CO to '.O
I- en to -^ ~l

tOM
at
oo>

J0_a;;-lt0-!

WM

u»

K O

xS
x;S

3 X«

Jsl

©'v<rc>coa
CO

>«k

0: Cn

>-•

c;i3>co>CkA

IF*,

rf^'f-J'*©.*

I

I

M(»^00O

J

M ra

.IP'

U

M

©to

to '^ !»

«>'tO

WW

i^A.

I

6J 3i OS a.
•vl
10

^k~>
OtrW

OO

•

© OJ

M^^to Ata

to

Oit^COCCCO

FoKEiON Dry Goods.— The market for imported goods has
presented few new features of special interest. There was a
steady call for reassortments at first and second hands, re.sulting in a fair aggregate business, and prices ruled steady.
Specialties in all-wool and worsted dress goods found ready
buyers, and there was a stea 1y movement in worsted suitings
for men'd wear. Silks, velvets and cloakings have met with a

12,766 18,437

17,422

^^ -4

!

10 per cent.

^

128,171

K)tO

oto
to

o»
10 b
^*

^ '-b
» lie.a>
*

b

OSOOO"-

1*^

©Ci-i©

t>;

1^ -1

Qt

--I

-]<i
r- tc --c 00 -^
•o
J^ CO

to 05
to to

©

o

«. (X ^J

'.0

to

go — gODOa

ift' i»>i-

ot q;

O

fair

(Xt'-O

MCi
©<l
o> -J

ComiucvclaX

©ards.

BrinckerhofF, Turner

&

klndu of

Widths and Colora, alwajB
Daane Street.

New

Fielding

*-

V *^

PRINTS. DENLM3, TICKS, DUCKS,

*«.

& Wakefield,
COTTON
And General Commission Merchants,
Cotton Excbanse, Nenr York.
Liberal advances 'nnde on cotton consignments
Special attention ^ivm to orders for contracts for
future delivery of cotton.

WARREN EWEN.

Engrene R. Cole,
SEARS
COLE,
A

STATIONER AND PRINTER,

BnppUea Banks, Bankers, Stock Broken and Cor.
poratlont with complete outfits of Accoont Book
and S tationery.
_l^"New concerns oreanUIng will hare their at-

Ewen

& Gwynn,

Nos. 31

1

WllAAAJn STREET,
(HANOVKR SQUARE.)

JJOSEPHCILLOTTS
STEEL PENS
I

ISotoBY ALL DEALERSThrouotoutThc WORLD
l.SOt DJ;^EDALPr.;^IS EXP0SITION-|B7a.

Brothers,

dc

83 Broad Streer,

Geo. Copeland
184

16 and 18 Excbanee Place,
Post Buiiding.

John C. Graham

YORK.

&

Co.,

97

New York,

NEW

YORK.

TIE8,

(FOR BALING COTTON.)
Afrents for the foltowinK brands of Jnte Baxslntt
•Ka«le MlllB.""Brooklyn Clty,""Oeor(!la,""C«roirnii?

"Nevlns. O," "Union Star." "Salem," "Borioon MUlV

IMPORTERS OP IRON TIM.

&

Cargill,
COTTON BROKERS,

BAGGING.

AUGUSTA, OEORGIA.
Entire attention irtven to purchn.se of

Sl'l.NNEKS and

WARREN, JONES

^OTTO^

EA PORTERS.

COIIKK8PONDENCE SOUCITCD.
RIFXRKNCX8.— National Bank of Augusta,

ST.

4c

GRATZ,

LOUIS, Mo.

liaonfaotaran' Agents for the sale of Jnte Bacflnc

Ga

Co., Commission Merchants, Ne»
William B. Dana A Co.. Proprietors COMUBRriAi. ..t Financial CHRONICLE, and other New Yor>
Houses.
;

Wheeler,

"Jersey Mills "and " Oover Mills."

Alexander

Vork

&

STREET.

BAGGINO AND IRON

And Liverpool.

Henry Ilentx A

Tainter,

119 lOAIDEN I.ANE,

8ELMA, ALA.; MONTGOMERY, ALA.
Bnyers of Cotton for a Commission
Orders for Future Contracts executed In New York

for

»»K*HI.

Bullard

SOUTH TVILLIAn STREET,

TO OKDEK

&

COTTON MERCDANTS,

Cotton Commission Merchants,
Ho. 19

Co.,

PEARL STREET, NEVV YORK

Waldron

new

&

COTTON BROKERS,

aera promptly executed.

No.

JOHN M. BWXX.

JR.

COTTON BROKERS

COTTON FACTORS

for Export Triule.
1866

to©yco^

it^

Tuttle

& Co.,

Co., COMMISSION MERCHANTS

ToireU, Qnllta, Wblte Goods & Hoaleri

© -^ X a*

a w*x

Vi*:'

wto':?'*^

©otto II.

AHS

AND SHEETIN08,

8PCCB880H TO

I

o:

SEW TORR

In itook

BROWN & BLEACHED SHIRTINGS

ite.,

cc *

YORf. ANl, LITEKPOOI..

CO.

York, Boston, Philadelphia,
eniUNQ AGKNTS FOB LEADING BRANDS

ESTABLISUKD

CO-q

©'^

JRDCB8 FOR FOTCR* CONTIIACTS KXECtJTED IB

No. 109

Drill; SKeetings.

Cfl©<io3)

x

NEW YORK.

Also, AjzenU

DNITED STATES BCNTINO

Fabyan &

to

COMMISSION MERCHANTS,
COTTON EXCHANGE,

BAGS, "AWNINO 8TRIPB8.

New

ifk

COTTON

CANVAS, PELTINO DtTGK, CAB
COVBRINQ, BAQQING. RAVENS DUCK, SAIL
TWINES, *C., "ONTARIO" 8BAMLK88

Bliss,

K.

VjxVol-to

'insTAVus C. Hopkins. Ldcius Hopkins smith
Charles J). Milleu.

COTTON

A full sapplr, all

!

IJt

i^^pciza

Qyotton.

In

COTTON SAILDUCK
And all

j

Hopkins, Dwight

Co.,

MBDofaotoran and Dealers

>

i

I

I

I

IMPORTRRH OF

IRON COTTON TIES.

THE CHRONICLE!

sift

INMAN,SWANN&Co

NEUr YORK.

accounts of

COTTON
COFFEE
COFFEE EXCHANGE,

NEW YORK, NEW

NEW YORK

and

Autliorlzed Capital, B.

LlTerpool.
Messrs. Samuel H.

&

JlBHHAN, STERN &

New

Buck &

Co.,

Leh&lax,

CO.,

Dcrr &

Co.,

Montgomery Ala.

Orleans, La.

H.342.430 2S

&

.

Orleans.

LEHMAN BRO'S,
Cotton AND Factors

Schroeder

G.

Dp-tows office. No.

304

HOME

Co.,

WARE & SCHROEDER.
COTTON COMMISSION MERCHANTS,
Cotton Exchange Bnilding,

Company

Insurance

NEW YORK.

OF

OFFICE 119 BROADWAY.
13,000,000
CASH CAPITAL

Orders e'ecnted at the Cotton Exchannes In New
York and Liverpool, and advances made on Cotton
Mid other produce consigned to us, or to our corresMessrs. L. Uosenheim &
pondents In Liverpool
Sons and A Stern & Co.; in London, Messrs. B. New-

PEARL

123

New

GRAVIER ST.,

ST., id6

New

York.

iETNA

Orleans, La.

Company

;

A Co.

Special Attention Given to the Exeodtion

OF

&

Robert Tannahill

Gwathmey

Reid

&

Co.,

O)tton Brokers & Commission Merchants

Farrar
1S3 PEAKI.

solicited.

&

STREET,

New York and
visions in

ST.,

NEW YORK.

KORE, FARRAR

Sc

CO.,

NORFOLK, VA.

Henry M. Taber
141

PEARL

ST.,

NEW

& Co.,
YORHL.

cc>T^roiv'.
Adraooes made on CouslKnmeuts of Cotton. Con*
tracta for Fntare Delivery of Cotton bought and
«old on oommisaloo.

WALTER &KROHN,
COTTON RROKERS,

NET aUBPLUB

Liverpool

;

St.,

New York.

ALEXANDER,

North

and Pro-

also for Oraln

B. F.

BABCOCK&CO. &

AKent.

COMMISSION MERCHANTS,
W^ater Street, LIVERPOOI.,

Receive consignments of Cotton and other Produce,
and execute orders at the Exchanges in Liverpool.
Represented in New Yurk at the office of

SAM'L D. BABCOCK,
32 Nassau Street, New York.

British

Mercantile

LONDON AND EDINBURGR.

U. S. Branch Statement Jan.
Invested and Cash Fire Assets

&

Co.,

COTTON BROKERS,
136 Pearl Street, New York.
Orders tor Spot Cotton and Futures
executed

LIABILITIES.:
Reserve for Unearned Premiums.
Reserve for Unpaid Losses
Other Liabilities

COTTON BROKERS,

PEAPli STREET,

U.

8.

H. CLISBY

S. In

18 years

.

.9\5,'ii0,33'i 00
St., N. Y.

Branch Office, 54 William

CHAS.

E.

WHITE, SAM,

P.

BLAGDEN,

Managers.

DUDLEY,

Supt. of Agencies.

Commercial Union

N. V.

Established (In Tontine Bnlldtns) 1840.

JOHN

.1,984,333 ST
$3,301,747 91

Losses paid In n.

JAS. F.

No. 113

1885.

$1,153,063 35
179,379 97
44,748 48

. . .

promptl'

James F.Wenman& Co.,

1,

13,301,747 61

Met Surplus

Dennis Perkins

Co.

Ins.

OF

&

Assurance

CO.,

COrrON BUYERS,
inONTG0.1IERY, ALA.

BEAVER STREET, NEW YORK, PCTBCHAgl ONLT ON ORDURS rOR A COHinSSIO>
F. Hoftmann,
FELLOWES, JOHNSON & TILESTON,
Cor.
COTTON, STOCKS, BONDS, JkC,
COTTON BROKER AND AGENT
25 WILLIAM STREET. NEW YORK.
• 8 UVm DB LA BOCRSE, HAVRE. Orders in " Futures" executed N. T. Cotton
at
Bxch.
1

93,964,490 6S

No. 3 Cortlandt

New York.

NEW YORK.

ul Cotton.

2,049,026 85
4,000,000 00

Orders for future delivery of Cotton executed in

17

Jones,

PEABL

Liberal advances made on Cotton conslgnmenta
BpeeUI attention driven to orders for contracts fo

ntore delivery

Bloss,

for

JAS. A.

NORFOLK, VA.
IjlbenU advances made on Cotton coDBiKnmentB.
epeclul attention ^Iven to the sale of cotton to
arrive or In transit fur both foreign and domestlo

Correapondence

&

$9,013,517 40

unpaid losses
and re-lnsuranoe fund

Liabilities

Capital

Ho. 123
Special attention jrtven to the pQ>-ahase and salao
Future Contracts.

ta.

OF HARTFORD.
Asseta January 1, 1885

NEW YORK. COMMISSION MERCHANTS,

Cotton Excbanee,

mark'

Insurance

ORDEBS FOB FUTURE CONTRACTS.

Co.,

Cotton Commiggiou Merchants,

Price,

f7,2B0.058 32

1885

1,

CHAS. jr. MARTIN, PreKldeut.
J. H. WASHBURN, Secretary.

Mohr, Hanemann& Co.,

CnnECH Btrkdt

New York.

gass

00

2.830,742 00
Reserve for Unearned Premiums
3'.9.513 48
Reserve for Unpaid Losses and Claims.
1,030.802 84
Net Surplus

NEW^ YORK.

Cash Assets, July

EXCHANGE PLACE,

No. 40

CROTrEI.Ii, President.
WM. R. CROWELL, Vlce-Eh^sldent.
PHILANDER SHAW, Secretary.
WM. CHARTERS, assistant Secretary.
FRANCIS P. BURKE. Sec'y Local Dept.

Successors to

COMMISSION MEKCHANTS,

UEMBBRS OF THE COTTON, COFFEE AND
PRODUCE EX0HANQE8.

2,390,986 9T
287,827 87
840,991 18

STEPHEN

M. 20,000,000,

Cotton Brokers,
„

New

Co.,

Reserve for unearned premiums
Reserve for unpaid losses
Netsnrplus

Pald-Up Capital, R. M. 6,000,000.

CORBK8PONDENT8
Smith, Edwards

ORLEANS,

COTTON COMPANY OF STUTTGART.

BXCH
NEW YORK PRODUCE
the CHICAGO BOARD OF TBADB.

Meun.

statement of

AGENT FOB

GRAIN AND PROVISIONS
AN GE and

*t the

196 Broadway, New York City.
Company Is/ Day of Jan., 188.5.
$1,000,000 00
CASH CAPITAL
Office,

G. E. Staenglen,

NEW OR«tthe NEW YORK. LIVERPOOL AND
LEANS COTTON EXCHANGES, AlBO orders tor
•t the

and

Phenix Insurance Co.
OF BROOKLYN,

SlTIT^

8 Sonth WllUam St., New
aXBCDTB OBDEKS FOR FUTURE DELIVERY

INVESTMENTS
COUNTRY BANKERS.

Special attention paid to

York.

OTTOM. ALL GBADB8, SUITABLB TO WANTS
OF SPINNERS,

Henry Hentz & Co.,
COMMISSIO MERCHANTS,
York.

Sons,

—with interest upon balances.

New

lOB FUTCBE DMJTIBT OI COTTON.

OS T«RM8 TO

&

BANKERS,
14 NASSAU STREET, NEW YORK.
Personal attention given at the EXCHANGES to
the purchase and sale of BTOCKS and BONDS foi
cash or on margin.
DEPOSITS RBCaiYED— subject to check at slskt

COTTON MERCHANTS,

0<uh Advance* Madt on OomignmenU.
«P»CIAL ATTKrnON TO OBDSBS FOE CONTBAOTS

OmSMD

T. Hatch

BRANCH 0FFIC.8 j .Jgg ^^,"«l^';^T.'4.'}^a\•;.

SKCUBITIKS.

A^ANS MADK ON ACCBPTABLB

P. Hatch.

Arthur X. Haleh.

Ifath'l

W.

16 & 18 Exchange Place

Henry

Walter T. Hatch.
W. T. Haleh.

Stillman,

MERCHANTS,
P4>8t Bnildingr,

26, 1885.

piiBc«Ilatte0tiB.

Motion,

^oiton.

Woodward &

^[September

Co.,

limited.

of london.

OFFICE:
Pine

& William Sts

New

York.