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AND

xmm

W

HUNT'S MEllCHAl^fTS' MAGAZINE,

THB [NDU3TRIAL AND COMMERCIAL INTBIIK3T8 OF THE UNITED STATES.

RKPaffidK.VTIMQ

Sat«n<l aooordlDR to Act of Goatrreaa,

VOL.

In

the y«ar 1892, by

WM.

B.

Dana * Oo., In

SATURDAY. SEPTEMBER

55.

^he Chrauick.
NnilenMl BaDka under call Jair

t<liilpnirnt

the odJoe of the LibrarUn of Ooogreu, WaahltiRtoii, D. O.

1''!

f

I

on paste 3BU.

NO. 1,419

1892.

3,

For the month of August the increase over a year ago
reaches 8'4 per cent in tlio while country anil \'i i percent
outside of New York. The as:^ri3j<ito siuoe Jiaaary I exhibits
again over 1831 of 13*0 per cent.

"

CT.RAKINn HO USE RETURNS.
WMk

9nAin^ August

Hew Tor*
(Stockt

6tS.6«7.SM

619,411,908

.thara.)

(1.1119.999

(I. 510.310

iKljM.)

(606.TW

(OOS.OOO

tCottOn

bmhtU.) (12,471.430

(Oraia
(Pelroltum

(94,00"

I)W».'

Wtek

S7.

189L

189S.

(4.1.222,100
(128.00ll>

+11
(-5

(1,088,1961
(.537.100)
(2],191.8.!0>

(+5691
(—710)

(810,000)

(+81-0)

-111

S,913,(W0

+68

Hertford
Mew U«Ten...

l.-lllct.SlS

1.101,331
99.'>.816

l,012.7Wl
1,013.820
737,573
305,213

Worcester
Portland
Lowell
New Bedford..

Total

Mew

Bngland..

86,927,771

es.l58,9SS
13,36«.S21
12.1:8.303
«.922.e75
l.5«5.U9S
1.132.642
863,123
834.632
199,900

Phlladelplila

Pltubunt
galtlmore
affalo

Washlnxton. .........
Bocbeeter
Brracnse

WllmmiitOD
Binjih&iiituu

Total Middle..

Cbtcaco
Ctnelimatl

Milwaukee
Detroit

CleTelaud
ColDoibas
IndlAoapults

Peons
Qraud Rapldt
IjexlDKion

Total Middle Western

8«,331,0S1

65,658,060

H,2«l.422
7,«75
O.Ui>.S(W

13,2'

+7-9
+8-8
+11-8

-0 03

+7-8

—317
-t-151

-0

5

4-.183
+12 3
+5 3

850.789
481.366
97,011,827

7,173.120
1,717,73^

+27-3

+78
+«l'l

-31

+3
+5 5
+.195

-HI

l.0iO,0«;
tf70.439

2S-31

1,052,205
1,233,870
1.1«1,815
1,272.374

83.129,438
14,025.668

+36-9

(

1.780.1)01

+17-3
+18-7
-7-8

1,U3.1IM
689.000
206,300

83,741,408
6.030,100

U,19i,56^
1.208,95:1
822,01(1

906,090
221,8u0

—11-9
+:V8

+101

TTo
+5
—102
-0 1
+350
+U-I)

m
+20

+19-3

103,729,207

80.657,253
10,811.800

+142

06,165.351
11,971,500

6.691,1)92
6,2/4,2;i3

lis

8.295,..68

+8-6

+38

4,407,118

+22 4

7.117.033
6.78 '•,143

+i-.;i

2,905,7t

+1-1
—20-6
-3-6

90,13(1,659

92,101,806
11,300,160
8,70s.715
a,8oe.418
6.107,448
8.020,000
1,304.366
l,4t!7.l)UO

1,5'.'2.330

l.OllJiOl

410,130

74»,079
330,741

12».«»4,lt!8

115,918,111

1,639,766

+4-5

8,1.S5,0.X)

+10
+10

1

+10-2
+iu:!

+29 8

1,280,076
1,878,500

-391

+33-2

036,290
419.010

-187
+351

+118

137,173.171

+«

+35

+8-1

18,442.183
1,? i6,392

-21-6

18.199,985

-89

2.:«)1,8;7

l,eU7,125l
730,665'
»15,]21l

+11
+661

685.523
278.000

—Sll-

1,772,868
1.105.11)
8*J.7o7

9

252,175
835,588

-3.13

20,320,316

24,301,999

-181

26.1t7,6!)6

+8-0

Kansas CItr

9,163,012

+1-8

Mlnneapollg
fikPaal

4,499,a01

8,019,507
6,368.111
4,219,184'
3.604,767
3,931.115
1.88j,S1S
1,331,477
667,102
6^6,428
428,007

San Francisco

14.479.90')

1.59«,648
1.030,340
1.136,481
788.910
401,097
212.030
1,27»,0;2

Portland

CUT

Salt Lake
Seattle

Taconia
Los Anifeles
Great Falls
Uelena*
Total PaclOc.

t>,733,H27

Omaha

6,416,i!28

Denver

6,574,571
1,400,000
1,424.«06
791,046
802,716
481.714
469,4 1
620,231

Dulatfc

Joseph
SlonxCltr
Dws Moines
St.

'

Wlchiu
Lincoln

Topeka
Total Other Western.
Bt.

Lonls

New

Orleans..
LoalsTlile

Uenipbis
Ktcbmoud.....
U..(i.-*[on

-I'i
-1-8

S66.8V2
417,06:1

442,009

Waco

422.188
383,000

IM/iM

d46.2«>4

Chattanoofta..

SaTauuah*

all

Outside

Mew

Montreal
Toronto

428.891.000

381.883,67'

+18-5

3,273.148.786

2.811.«94.8,J7

+169

185.113.-300
234.1159.550

132.390.509
189.764,233
233.803,589
167.273.348
10l..92,309

+1-3

+233
+37

5

+637

-14

7

+11

Ublcaiio

Cincinnati

66,2.52,700

Milwaukee...

28.669,232
34,701.009

Detroit

Cleveland
(3olumbU8. ...
lodlanapoll8»
Peoria
liraad Rapids.
LjexluKtou

25,-247.201

Tot.M.West.

807,081.133

+

+

+98

8,058.-200

jMn F'ranoisco.
Portland

Tacoma

48.099.3o0
20,515,584
29,901,454

1-8

1

+160

1,690,231 +20-1

2^9.335,403
199.918.790
118.793,709
63,1.8,074
6t.;»l.937
33.1)7 2)1)
15,772.19)

+18 8

l.BD7,391.97S

4,074,259.983 +16-S

78.777,192 -6-8
7,739.355 fH-8
6.919,917 +78
3,114.408 (-82-0
-3-2
4.O'36.70d
11-7
3,278,016

62;.787,351
69.591,331
02,360.983
38.163,980

677.173,626 -9-8
61.093.789 +18-9
61,330.008 t-u-s
33,720,181 +7-2
31,471.68) -6-8

21.178,34:1 -(-19 2
11.846.:100 1-15-2

7,882.115 —39-5
7,014,729 +9-3
3,7-3«,09l +16-2

519,718,837

68.fll3,181

53.797,l;l
•23.191.507

11,711,109

29,841.371

21.860,389

24.483,-339

+ l-»

-20i

711,589,803

783,589.726

-ft

iaosas Cltr-

+21-3

317,a(B.S79

^ioneapoUs...

+2)1

230.;)9a,227

-15-9

170.337.381

+16-7
+28-8
-3U-1

ia9.13'3,101
1 71,303, :139,
80.llJ.59l'

uot Angeles

|

Total Paoin.

101,883,129

103,333,685

Paul...

jt.

Omaha
Denver
Uoluth
ii, Josepb
Sioux City

..-

..

Moines.
Wichita
Lincoln
l>es

+-35-3

59,935,913

+;8'7

:)5.799.33l
3.j,!»l,8a)
18.39.",6J8

f-2;-8

.

rl8-»
+14-8
+19-3

I'opeka

Lonls

175,190,681

143,551,181

+220

21.673,319
13,4 43.'935

l,3i5,531,9J8

Nashville
Dallas

6.8Stf,29J

797,181,109
307,539.527
251.109,745
89.68 1,319
85,833.105
63,335,175
55.518.363
63,618„J78

3,-382,-282

:)-3,S39,831

tJorfolk

3.071694

82.194,8-18

Fort Worth...

2.914.393
1,896,701
1,817,801
1,880,000

19.439,723
18.189,458
18,831,103
15,483,000

Orleans..

105,289,130
27.733,664

Louisville^....

31.215,0.11

....

8,729,015
9,983,209
7,383.833
6.772.150

+11-5

217,43;.301

1,139,113,732 +18-»

1,895.079,341

1,854,624,932

+2-7

-^'4 40.378.63.1,311 36,716,332,559

4,632,396,189

+i-2-i'ia.s6a.oo3,oei 11.8j3.50j.33

of aales, dtc., for eight

rlO-t

moathaig a» follows!

1

Osser<pt4ofi.

+28 4

+ 6'7

16u,2o»,lo6

+»^
+ru
+02

11.684,278
l,t^9.3L7

ie.&4i>.3l3

+86

17,856.49.

46,968,11,

l,2^2,89t^

083.772

Par VoliM
or Quantity

Actual
Value.

Aoer^ae
Price.

57.733.977
«<..«
y^, «;lio„.ja877 13202203191 **<»
RR. bonds.. »37i,7;i,950 235.981.952 73-8
«1,313.934 1101
1(1.130,950
(tev't bonds
(2,52J,760
(1.591,9311 631
State bonds.
|70l,i90
«1, 110,323 153-3
Banksiooks
o,_.,k
Block

+3-8 1,011 .343.14'

623,696
-I-

Sijht Stont't. 18>1.

Bioht UonClu, 1892.

"+ri

Not Included la totals.

2,1:31,170

8alt I.ake Clt;
Seattle

1-5

IC.018.911
6.197,383
1,021,019

17.636,1791

13,850.000
5.613,814
7.867,300
4.328,176

.

—58

39l.6ii,o.il

ToUl Canada..

+i-«

3.527,130,799

2.135.839,182 +17-1
117,333,021 4-18-0
473.868,517 +8-S
213,191.363 +8'«
69,l89.78i +14-»
49.663.333 +4
7-»
29.683,781
8-4
2a.00>.858
8,1V».711,774 +14-*

Our compilaiion

11.000,000
1,026,252

3.726,802,535

3,976,967,090

gatslde N. Y. 1,998,273,718

420,082,122

t,«0l>,227

+6-6

407,415,776 +13-6

CoialaU

41,988,256

Usmiltou*..

+12-8

482.'285,352

Total South.

941,253,935

Usiuax

310.784,812
60.628.610

1,898,817,

107,802,197

rotal Middle

Chattanooga..

44,120.718

York..

283.511.906
62.985,749
80.821.003
32,720.230
8.140.993
8,348.874
3.835.487

-31

8J5,500

Waco

_975,8i0,»70

....

131,117,152

+9-1
+6-2

6.270.117
2.998,781

1.031.100

Birmingham..

M2,0i5

Total Sonthem....

4,599.4.19

+14-3

6.469.138 + 151
4.615.871 +17-2

8.850.22.=

—

+b8-l

—

8,76(1,979

3.018.178.777
177.7)2,810
71.313.879
46.817.8S2
11,183,091
39.90 -.,878
40.939.811
25.898.080
16,583,817

WilmltlKtOQ ..
Binghatnton..

1,065.9.24

Atlanta

Total

3J3,000

+26

357.002.115 • 5-8
19.883,100 + 12-7

7,733.101
8.293,992
6,109 31.'
5.0(3.703
5,597.298
2.905.830
1,911,280

+U-7

f 6-1 21,022,031,230 20,937,388,222

83,378.6341
32,298.655!
8.289.583
6.011.813:
3.801.917
3,296.617

Washington..
Rochester
Srricuae

Uoustoa

—30-7

—23*

Pittsburg
Baltimore
Ballalo

liaiveston

+13

1,98. ',533

BlrmlnKbam..

^u^lulk
Dallas
Fori Worth...

Pblladelphla..

Memphis
Rlohmond

+12'5
+7 3
+10-6

+3-2
+15 8
+21-0
+49-3

Vew Bedford.
Total N.KnK

New

+5^5

2i).85;>,179

1,423,863
766.66a
616.906
319,220

Nu.slKille

J

21,514.882
8.a75.0jl
e.264.Ui8
1,177,060
2,023.981

[joireil

at.

+11 -8

+111

Portland

Tot Oth'r W.

—26-7
+7-0
+39-5

37.686,425

1,898,804
6,108,531
788,630
1,791,266
2,2;«,«38

6:I1.9J1

5-9
6-9
0-2

32,829,08J

l,67»,65i
1.613.611
1,401.078
7.i 3,002

Galvtijttou....

428,314
470,829

-9-0

—12

877,876.833
21.851.700

ProTldenoe....
flartford

P.Ct.

1891.

1

+130

102,212,727

Boston

Zoroaster

0)

—26-61

2.634,122,451 2,103,198,052

Haven...
-87 Sew
^orlngHeld ....

6<ll,285,03<'

-16 7)
-711)

75.71*7,733

BprtDi2t]e.d ....

P. Cm.'.

P.Ct

1892.

New Tork

Aw.

1892.

ProTldenc*....

Boston

Bnit't

Eight Xontlu.

Auifust.

The total for the whole country shows an increase contrasted
with the aimilar period of 1801 of 8-6 per cent.

I

dh'sl

<

1

i

Par Value
,

'

1

or QiiiiitUv

Actual

AvW.t

Value.

Prit*,

38,933,311
«3,796.923116 («i72;5»w)a ttTTi
«'208,873.10J •158,677,620 70-S
tl,331,s95 116-}
11.165.109
$1,239,816 «3S
il,973.200
(i,»j9,6i9
(1,39-2,216

ur*

ToosiaTiojo tZ83587l42) 58-3
a3'6
1111.047,68) 89'ia
2<l,lli.OOO
11.501,000
»8..109.oa6 57 1 3a.
Pet'l'm.bbls
IM5.29 1.016 113 9»
1779,633,153*13-21
21,510.20'
Cotton. bis.
l,S72,67i),a95 (1.647<M712|j8.'.«0.
ttraln.baah 1241,374,56;. 11,033711116 3)>40.
Total.

Total valn-

|M9'3321317 «3i493-203044

•6.3138316791

Fer table ef clearlage by telegraph see

M.»«><VMaMl

fisge 3.i9.

THE CHRONICLE.

(350

flurry

THE

in call

[Vol. LV.

money was

also

aided by the decline

of loans and
properties
which
against
those
discrimination
some
our
See pages 382, 383, 384, 385, 386 and 387 for
bearish
demonstrations.
to
readily
yielded
most
State and City Dripirtinent.
City Bonds This special activity was on Thursday, the market
All advertisements with relation to State and
pages.
above 3| per
before that not having advanced
will likewise be found on the same and following

STATE

AriJ)

stocks

in

CITY 1itf^^Wt}ir.

cent.

TirU

FINANCIAL SITUATION.

cent

which led

to

a

calling in

On that day loans were made at 6 per
and there was a good demand for money at

The lowest
5^ per cent at the close of the day.
cent
average
per
and
the
was
3
the
week
rate for
until Thursday was probably a little in excess of
Europe, and 3^ per cent. AVith the high rate then made and the
novf to have appeared almost everywhere in
course is rates of yesterday the average for the week was about
its
Continent
at many points on the
arrival 3^ per cent ; renewals were made at 3^ to 3 per cent
The
malignancy.
peculiar
attended with
Moravia
the
and banks and trust companies quote 3 per cent as the
night
of
Tuesday
on
New York

condition whicli has been most conspicuous in
upon the markets this week has been the
influence
its
That scourge seems
progress of the cholera epidemic.

The

at

with the plague on board, and
deaths reported as having occurred on
the passage, brought this condition even more forcibly
But the disturbed feeling
to public notice here.

Hamburg

from

twenty-two

du9

to

that special

cause was

quickly quieted

by

the iasu* on Thursday afternoon of a quarantine circular by the Government (which we give in a subseno
that
substance
quent column) ordering in
Tessel

shall

from any foreign
allowed

be

to

carrying immigrants

port
enter

at

any

port

in

the United States until the vessel has undergone
quarantine detention for twenty days, or longer if public

interests

require a longer detention.

That

is

no

doubt a severe measure, and yet nothing less vigorous
would appear to meet the occasion. Our people too
feel a good degree of satisfaction with this order, not
only bucause it seems to be needful as a measure of
defense against the cholera scourge, but because it puts
a stop for the time being to that almost greater scourge,
the weekly landing on our shores of a multitude of
people drawn from the very lowest classes of Europe.
Of course it also shuts out some that we would be glad

minimum.

Time contracts
money is not

are

demand, but

in fair

the supply
abundant, the foreign bankers being liberal with
their offerings ; rates are 3 per cent for sixty days, 3^
per cent for ninety days, 4 per cent for four month?,
and 4^ per cent for five to six months on good mixed
There is no great discrimination against
collateral.
industrial stocks where these are put in on a fair
margin. For commercial paper there is a good out-oftown inquiry, but the city banks are holding their
funds for the accommodation of their customers and for
out-of town depositors. The supply is good and there is a
Kates are 4^ to 4^ per cent
fine assortment of names.
for sixty to ninety day endorsed bills receivable; 5J to
5| per cent for f jur months commission house names,

the inquiry for

urgent, while

is

good single names having from
months to run. The bank return for last
week showed that five of the larger banks held $4,943,-

and 5^

to 6 per cent for

four to six

800 out of the $9,887,875 surplus reserve in

all

the

banks in the association.
The features abroad this week have been (1) the
failure of a colonial house of long standing, but this
appeared to have no influence in London, and (3) the
to admit.
This epidemic is also working no little harm spread of the cholera on the Continent and its appearby restricting our export business, and through ance at Liverpool and at other points in England, the
that is disturbing financial affairs.
We cannot latter seeming to have had a stagnating effect upon
think that phase of

it

will

be of long continuance,

business.

The

cable reports discounts of sixty to ninety

must last while the distribution of day bank bills in London at 15-16 of 1 per cent. The
goods in Europe is fettered by quarantines and while open market rate at Paris is 1 per cent, at Berlin it is 1^
business transactions are everywhere made diificult per cent, and at Frankfort If per cent.
The Bank of
and deferred through non-intercourse between parts of England gained £158,000 bullion during the week.
even the same country by reason of the existence of This, as we are advised by special cable to us, was due
the contagion in a virulent form in some of the leading to the import of £375,000 (of which £174,000 was
continental cities.
This situation is obviously de- from Australia, £61,000 from Portugal and £40,pressing cotton and breadstufEs, and if these ar- 000 from other countries), to exports to Egypt and
ticles
are
rushed
to
market
now as
they India of £80,000, and to shipments to the interior of
usually are at this period of the year, the effect on Great Britain of £37,000.
The Bank of France gained
prices may be quite seriou?.
The delay in the ship- £137,000 gold during the week.
ments of produce is likewise the immediate cause probForeign exchange was dull and easy until Wednesday,
ably of the renewal of gold exports.
The remoter when it grew firmer under the influence of the intercause is of course our silver currency issues, made ruption to exports caused by the cholera but the
more disturbing by the very small gold balance the tone was again easier yesterday. Compared with FriSecretary of the Treasury ha? thought it wise to carry. day of last week the market opened unchanged on
"We are glad to see that with the first of September the Monday at 4 87@4
87i for long and 4 88i@4 89 for
gold holdings of the Government are increased some- short; on that day the Bank of Montreal reduced its
what. The report for that date shows $114,156, ?17 rates to 4 87 for sixty day and 4
88^ for sight, and the
net against 1110,444,393 on the first of August.
Our Bank of British North America lowered its short rate
Treasury should however have 300 millions now to
On Wednesday Brown Bros, advanced to
to 4 88^.
•asure a feeling in Europe of stability here.
4 87i for 60-day and to 4 89 for sight, and the
Money has continued to exhibit a hardening ten Bank of British North America restored its short rate
dency. This has been due chiefly to the further
loss ol
Yesterday the Bank of Montreal again adto 4 89.
reserve and to the rumors of more gold
exports auo vanced to 4 87^ for 60 days and to 4 89 for sight, makfinally to the withdrawal yesterday
of 13,600,000 ing rates by all the bankers uniform.
Rites for actuitl

and

yet

it

;

for

shipment] ;to-day; [to

Europe.

The

spe'cial

butiness were 4

86|@4 87

for 60 day;

4

8S@4 S8i

for

Sbptkmbbr

THE OHRONICLE.

1802.]

3,

351
sa

4 88i to 4 88i for cable transfers

Bight;

for prime
cial bills.

86@4

4

;

and 4 85i@4 85i for documentary commerYeslcrday $2,600,000 gold was withdrawn

for export to-day.

Whatever may be the

effect of

the regulations

re-

garding cholera on trade in the near future, there can
bo no doubt that up to the present time the volnmo of

At least that is the conwhich the records of bank clearings would

business has continued large.
clusion

Through the use

appear to justify.

clearings at

are able to present to-day the totals of

we

iliV*99*99

1802,

(O00,0fl0«
omitted.)

MONTII*.
1890. 1889. 1888.

1801,

1887,

1886.

188C.

Now Yorx... 21,022 20,937 24,583 23,200 19,534 22,150 21,022 16,304
3,244 3,068 3,442 3,152 2,816 2,919 2,644 2,145
Boston
I'blcnKO
3,273 2.811 2.604 2,152 2,0<I2 1,»<)1 1,041 1,436
Pliilnileliibin 2.5iil 2,136 2,156 2,386 2,070 2,111
1,849 1,479
r,Ol
730
640
580
5-6
797
733
Bt. Louis....
406
533
537
577
540
544
392
8nii Kran'co.
524
865
474
427
401)
447
397
Uultimor«...
514
503
387
Kansas

New

..

City.

Orleans

Total

Other

cities.

447
432

505
485
318
308

PIttslxiri; ...

Cincinnati

424
367
206
303

621

417
328
310

287
326

329
376
264
257

381

338
264
274

2.^7

328
177
239

2St
286
141
223

36.491 32,225 36,446 33.809 29,102 31,883 29,472 23.404
3.888 3,521 3,327 2,406 2.098 1,812 1,440 1,167

telegraph

the

of

lOnT

86i

the various cities for the month of August, and the
comparison with last year is on the whole a decidedly
encouraging one. Including New York City the final
aggregate shows an increase of 8*4 per cent and outside
of New York an increase of as much as VZ-i per cent,
which is much larger in both cases than for July. To

Total all... 40,370 35,746 39.773 30,303 31,290 33.095 30,912 24,661
OutslleN.Y. 16,357 14,800 15,190 13,096 11,730 11,515 9,800 8,387

With reference to the transactions on the New York
Stock Exchange during the month, we have already
stated that there
ular between

very

is

difference in that partic-

little

August 1892 and August

The

1891,

present year the sales aggregated 5,447,178 shares, last

year 5,841,699 shares, the volume of business not havbe sure, in August last year the decrease had also ing been very large in either year. In the market
been larger than for July, but it is to be re- value of the sales the accordance is very close, the 1893
membered that the present increase would be oven aggregate being about 321 million dollars, against 323
heavier than it is, if stock sales on the New York Stock millions for 1891. The following furnishes a summary

Exchange were

cleared in the old way, through the

still

by months.

the Stock

banks, instead of in large part through

SALES or STOCKS AT THE

Clearing House according to the new methods. As
far as the number and value of the share transactions

on the Stock Exchange are concerned, there has been
no material difference in the two years, but the reduction effected in ordinary bank clearings for August by
the

new method

However, the showing

million dollars.
factory as

it is,

estimated at the large

is

is

OUarinoa, Tbtol AtL

OlMrinji Outside

April...

IV«io

P.Ot

18S1.

Itnuuj....
I^braary

«
6.«33.38l.768 1,967,201,252 +13-8 2.104.718.800
5.207.327.071 3,973,0.59.963 +31-1 1.969.8>8.1S5

March

5.296.213.771

P.Ct

(
2,010.201.888

+4-7

1.668.522.807

+181

+251

2.035,569,231

1.788.013.198 +13-8

l9t quar.. 16,J66.9<n',6Il 13,171,380,935

+226

8,110,176,186

6.486.737,951

prU

+5-8 2,010,732,893 1.913.501.281
5.030,886.169 4.809.892.260 +i-e 2,060,:03.62l 1.9f)3.153.7.'!8
4.931.573.711 4.378.033.019 +12-7 2,127,532,977 1.833.120.397
6,088.230.2.13

M»y
June.

Mqnar...

4,800,379.055

15.ail.«92,13(i l.t.998.204.331

6.650.075.396

+7-5^ 8,188,991,491

• months. 3U2a8, 399,717 27.172.585.260 +14-9 12,299,187,880 11.116..313.347

Jnly

1,637,6.17,395

4,392,464,102

Aoitnat

1,532,396.169

4,180,813,188

+6-6
+8-4

The improve'ment noted

1

in

+7-6

2,059.160,68:)

1,914.347.8.54

1,998,273.713

1,777.345.136 +12-1

the case of the

final

aggregates also extends to most of the leading points.
Taking the eleven cities whose results we usually sum-

marize for a

namely San Franthan for 1891

series of years, only two,

cisco

and Baltimore, record lower

—

the rest have gains.

figures back

to

1885.

aggregate outside of

totals

The following
It

will

New York

furnishes the

be observed that the
is

larger than for the

corresponding month of any previous year, and the

same remark applies to the Western cities considered by
themselves, more particularly Chicago, St. Louis, PittsEven at New
burg, Cincinnati and Kansas City.
Orleans a Southern port the August clearings for

—

—

1892 are the best on record.
BANK CLEARINGS AT LEADraO CmES VOB ACOmT.
(OOO.OOps
omiUeiL)
New York...

1892.

1891.

1890.

1889.

1888.

1887.

1886.

1885.

«

»

$

$

$

9

$

*

2,i>34

2,403

2,960

2,748

2,413

2,494

2,431

2,041

Boston
Chicago

37H
429
28.1

Louis....
Ban Fran'co.

105
73
61
63

393
342
2H3
88
76
57

315
264
235
73
74

2S4
223
230
70
58

61
48
39

314
240
242
77
84
49
40
41

246

Phllailelpbla

357
362
241
98
79

34

31

19

Cinc.inimtl...
Kansas City.

5li

44

63
51
48
36

Orleans

28

23

26

336
284
281
82
74
54
50
43
36
22

4,051

3,7i)l

4,375

4,013

3,607

3,632

3,482

478

420

420

295

287

2-20

176

172

3,6)8
1,204

3,054
1,013

St.

BaUiuii>re...
Pittsl.iirK ...

Total
cities..

ToUlall... 4,532 4,181
Outside N.Y. 1,993 1,778

61
48
4L

4,795 4,303
1,835 1,560

178
177
61

4')

43
42

32
43

a2

20

22
20

19
13
2,8.^2

3,894 3,852
1,481 1,338

Par.

AetuaL

t

318.087.315

t
268.489,8a«
175,883,847
195,207,053

2,852,220,,'i90 1,588,859,401 12,541,661 1.206.530.520

639,450,788

699.306.920
616,841.000
390,688.525

422,983,510
372,333,388
233,397,187

1

933.019.100
918.071.600
773.129,890

655,520.360
570.215.620
601.537,150

$
633.383.777
571.380,647
484,094,077

367,131,999
362,627,687
332,807,668

5,618,789

640.138.650

3,275,891

818.304.025

3,616,978

7,183.818
6,288.232
3.978.614

48.726.125 1,282,523.825 2,6.51,128,855 29.092,226 2,913,069,965 1,688,164,916

July....

3.613,874

337.587,350

AUKUSt

6.417.178

496.602.702

229,303,619
321.470.097

3,151,417
5,811,699

809,692,100
674,188,050

180,696,1M
323,998,868

The Atchison Topeka & Santa Fehas issued its July
statement
of gross and net earnings this week, cover+U-7
+51 ing the first month of the new fiscal year, and the
+;-7
results are very satisfactory.
On the Atchison system
+16-1
there is a gain over last year of $142,782 in gross
+9-5 itself
+10-6 and of $149,043 in net, while on the St. Louis & San

<.23l.ll».720

Other

June...

5,374.727

of Slara,

Jdqr. 18.366.325 1.630.303.035 1,062,570,251 17.150,661 I.703.539,446'l,028,711,088

York.

1891.

1892.

>

>

New

May....

6.815.142
6.17H.456

Yaluet.

Number

Actual.

Par.
t

8 mos.

18M.

Shara.

Istqr 30,380.100

Month.

all

of

very satis-

HONTHLT CLBARDIOS.

Valua.

Number

of 380

without allowance for that factor.

1891.

1892.

XontA.

Jan.... 9.992.043
Keb.... 11.431.111
March. 8.933.916

sum

NEW TOBK STOCK BXCHANOB.

2-)

Francisco system there
gross

and of $38,478

is

a further gain of $41,822 in

in

net,

increase of $184,604 in gross

making together an

and

of $187,521 in net.
This is the more gratifying as it follows heavy gains in
The Burlingthe corresponding month of other years.
ton & Quincy statement for the same month is of a
somewhat different character. The road reports a heavy

increase in gross,

augmentation

in

namely $452,641, but a
expenses

($487,031),

still

heavier

leaving

the

than for July last year.
It
is
claimed in Boston
that the increase in
expenses represents outlays for improvements made to
prepare the road for the traffic expected from the
AVorld's Fair at Chicago.
The Chicago Milwaukee &
St. Paul statement has also been issued this week, and
shows an increase of $407,447 in gross and of $136,039
in net.
The Canadian Pacific, with an increase of
>'115,503 in gross, reports an increase of $19,522 in
net.
The Rio Grande Western reports gross practically unchanged from a year ago, but net reduced from
The Erie, like the Pennsylvania
$103,971 to 195,579.
and the Baltimore & Ohio, has suffered a decrease in
gross and a still larger decrease in net owing to an augmentation in expenses. The decrease in the gross is
We refer to the expan$33,733, in the net $119,897.
Northsion in trunk line expenses in another article.
ern Central has increased its gross from $566,194 to
total of

the

net

less

THE CHRONICLE.

352

net from $165,423 to 8168,298. The
increased
Mississippi on diminishod gross has

$587,686, and

Ohio &

236,769

Result with Sub-Treasury operations.

its

its net from $76,594 to 18 .',626.
the
In the South we have a very good exhibit from
only
increased
Chesapeake & Ohio. While gross has
from
from $864,112 to $877,216, net has been increased

[VOL. LV.

Wuk EnMni

Sevtember

2.

Banks* Interior moTement, as above
Sab-Treasury operations
Total

The

(colfl

Into

Out of

NttOhanQtin

Banks.

Bankt.

Bank StAdinQt,

1892.

and legal tenders

—

«4,lll,000iLo99.
$45,000
l<,800,O00iLoss. 1,400,000

$4,066,000
13,400,000

$17,46«.000 $18,911,000 L098.«l, 446,000

following table indicates the

amount

of bullion

by reason of a saving of $51,923 la the principal European banks this week, and at the
This saving in expenses will be accepted cirresponding date last year.

to $301,796

in expenses.
management,
as confirmation of the statement of the
by us last
reviewed
report
annual
contained in the
where
point
a
reached
now
had
company
the
week, that

other
the large expenditures made for improvements in
greatly
years are no longer necessary, thus allowing of a

reduced operating cost. The other Southern roads which
have submitted returns this week, present much less

The Louisville & Nashville loses

favorable comparisons.

Septembtr

1,

September

1892.

3,

1891.

Bankot

E

iffland

Pranoe
04rman;"..
Aiit.-Hun'j'
Netherlands..
Nit. B'lglum'

QolA.

Silver.

Total.

Ooli.

»

&

£

£

27.784.134

27,r«4.13i

87,011,038 51,935,365 118,943,403
86,812,260 12,280,750 49,123.000
7,536,000 18,863,000 24,389,000
3.184,00c.

7,422.000

10,583.000

2,913,83.)

1,458,>)07

4,370,000

TotaL

aUotr.

£

20.335,483
26,335,483
64,448.000 50,841.000 105.089.000

47,051,000
21.972,000
9.817.00O
4,38J.000

33,283.250 11.7(32.750
6,457.000 18,515.000
3,701,000 5,948.000
2,9il.333

l,46ri.037

fot.thls week 145.230,755 89,917.782|235,lr8.537 128,1.51,0.39 83.32).417 214.478,486
i,5a3.91fl
tot. pr»T. w'k 141,503,122 89.89^,663 231,393.035 125.093.58)l9).470.333

$32,520 in gross and $54,299 in net ; the gain in the
• me division (between goM and stiver) glvon In our table of uoln an d
previous year however had been very heavy. The Norb imon In the Bank of Germany and the Bank o( Belgium is made from
the
but
as
gross
$40,388,
increased
has
Western
tte best estimate we are able to obtain; In neither case is it claimed to
folk &
ba accurate, as those banks make no distinctlou in their weekly returns
an
by
attended
was
this
larger,
was
operated
merely reporting the total gold and silver, but we hellevo the division
mileage
wa make is a close approximation.
increase of $65,964 in expenses, thus producing a loss
NOTB,— We receive the foregolngresalts weekly by cable, and while no
of the date given at the head of the column, they are the retarns
The Jacksonville Tampa & Key all
in net of $25,576.
nearest to that date— that Is. the latest reported Ugures,
1 laaed
net
West reports gross of $40,151 against $39,826, and
'

.

On

another page we have
reviewed the results of the Northern Pacific for the
For June the showing on
fiscal year ending June 30.
of $5,774 against $12,841.

that road

aROWTH IN DEPOSITS IN GREAT BRITAIN
AND THE UNITED STATES.

very favorable, gross being up from $1,-

We publish this week (page 369) the returns of the
895,832 to $2,060,069 and net from $616,260 to $1,- national banks to the Comptroller under his last call,
023,983. The Wisconsin Central for the same month that of July 12 1892. These reports are to-day moro than
increased its gross $91,355, and its net 865,291.
interesting ; they have become instructive, for though
Fears regarding the cholera have overshadowed all they cover national banks only, that system now numOn bers 3,759 separate institutions, and as there are more
other influences on the Stock Exchange this week.
the announcement in the morning newspapers Thurs- or less of them in every State they touch the business
day that on a German steamship which had arrived interests of every section ; hence the reports called for
Tuesday night 22 deaths from cholera had occurred five times a year reflect in a measure our industrial
among the immigrants during the voyage, and that the development.
vessel was being held at quarantine in the Lower Bay,
the item which discloses this development
is

Probably

We

the market developed great weakness, which operators most strikingly is the growth in individual deposits.
for a decline took advantage of, with the result of forchave often called attention to this feature, but a long
ing a large and general decline all through the list.
in the London Journal of the

and elaborate article
Institute of Bankers for May by Mr. James Dick, on
Banks and Banking in the United Kingdom, in which
and these had the effect of putting the market in a
we find a comparison between 1883 and 1891 of what
Bemi-panicky condition, transactions being large and
is called in the text of the article the deposits in Great
A sharp rise in the rates Britain and Ireland in those years, will give added
at steadily declining prices.
for money, reports of further gold exports, and the
interest to a somewhat similar exhibit for the United
low prices ruling for wheat operated to promote the
Mr. Dick's summary is subjoined
States.
weak feeling existing. Yesterday, however, more ra1891.
1883.
United Kingdom.
£660,660,000
tional views again prevailed, and with the knowledge (1) Deposits ascertained
£474,844,000
113,983,000
that the authorities national. State and local were (2) Savings banks' deposits ascertained 87,652,000
50,000,000
taking vigorous measures to protect the community, (3) London private banks estimated. ... 68,000,000
50,000,000
80,000,000
banks
estimated...
Country
private
(4)
while no new cases had developed even at quarantine,
120,000,000
50,000,000
(5) Foreign and colonial banks estimat'd
the temper of the market in the morning changed and

False reports were circulated at the sance time that
cases of cholera had actually appeared in the city,

—

—

Tot. deposits or Uabilities to the public. £760,496,000

a considerable recovery took place. The tone however
continued unsettled, owing to the difliculty of measuring the effect on our foreign trade of the prevalence of
the epidemic abroad and the quarantine regulations
made necessary by the same ; and in the afternoon the
tendency was again downward, under a sharp decline
in Reading and other anthracite coal properties, caused
by rumors of serious differences between the Reading
and the Pennsylvania on coal matters.

pilation are not in all respects

Durenoy..

MUL
Total Hold and legal tenders

R«ei««I by Shipped by
N.T. Santa. N. T. Bankt
|

$3,254,000
812,000

Net Interior

scribed as

Mot'ement,

(2,611,000 Qaln.
1,600,000 Loss.

$743,000
78S,00C

»4,088.000| $4,111,000 Lois.

f45,0t0

what would

in

this

—

—

taken the line marked (1) reads
"deposits, current accounts and notes," and it will be
observed that the total in the above summary is de-

above figures

following gives the week's movements of money
to and from the interior by the New York banks.
1892.

994,643,000

country bo included under the head of deposits. We
find another table in Mr. Dick's article which gives
these matters more in detail, and we are thus able to
It seems that the heading over
analyze the above.
from which the first line of
compilation
the

The

W—k KnMnt September 2,

S.

It should be said in explanation of the foregoing
statement that the items used in making up the com-

1

is

" total

deposits or liabilities to the public."

We may consequently assume that the last clause of
this depcription ("liabilities to the public ") and p,ot
" total deposits " would be the more proper desigua-

Septembir

THE CHRONICLE.

8, 1809.]

tion, althouj^h as said the text o( the article appears to

the

treat

marks

"deposits,"

as

compihition

made by others

after

the

and the

reading

of

numbered

the corresponding

gavo

the

companies

(1) is given separately

the Bank of England on December 31 1891, the private deposits of that institution were £30,646,813 and
the public deposits were £5,397,102 ; if to these we
add the notes in circulation at the same date, which

were £35,652,-130, we reach about the same total as that
used by ^Ir. Dick. Thus it is apparent that the
aggregates in the

summary

individual

differ materially

deposits

made up

from aa
in

the

two years' results
given in the summary are prepared by the same method
the increa3e from 1883 to 1891 may be taken as
approximately indicating the increase during that interval in deposits in the United Kingdom.
We have often referred to the marvelous growth of
this same item in the United States, illustrating our remarks by the National Bank figures. When, however, we

United

States,

and

yet

as

(dates

State banks at $281,835,496 and for
at

these returns

reached

the

Bringing

$144,841,596.

1880-82) for

Loan and Trnst

we have the following

together
as

all

the resott

:

1890-02.

Indiviaual Depotili.

National banlu

1

$1,753,338,680

-

tl.J

'i 9a.
.

^7,248

Oi5';.707,081

1,730,267,987

8ttvlng»bank»

056,637,012

281,835,496

355,330,080

144,811,590

S4,395,571,75l)

$2,460,181,421

State bank)

(the date of the return used being omitted) at £61,- Trust and loan oompaDles
868,000 in 1891. According to the published report of
Total Individual deposits

aggregate of

figures

re-

To show
paper spoak of it in the same way.
just what the statement covers the Bank of England figures which are included in the same will
The Bank of England's
servo as an illustration.
portion of the item

853

This is certainly a very remarkable exhibit. It
shows au increase in the United States in this item of
deposits of not very far from 80 per cent during
about ton years, or an increase in that period of very
nearly two thousand million dollars.
That by no
means covers the whole ground. There are many
other kinds of associations which take deposits and loan
them out. Building associations for illustration; that,
though, is only one of a class.
But the above
is
sufficient
for
result
our
purpose.
It
tells
the story of this country's marvelous development in
Mr. Dick in his article with reference to
late years.
the United Kingdom speaks of " the accumulation of
wealth" which is " held in trust by the banks and represented by these figures," as "a monument of industry of latent stored-up labor of head and hand," in the
United Kingdom. What are we authorized to say with,
reference to the compilation we have made ? To some
extent the deposits are duplicated, but not to a large
extent, and not we think to a larger extent than in Mr.
Dick's comparison.
;

confine the exhibit to the returns of those institutions,

the growth is only.partly shown, though they afford results
worth noting. Thus the returns of the national banks

on July

1 1882

gave the individual deposits at *1,066,-

707,248, whereason July 121892 the same total reached

11,753,339,680, or an increase of about 700 million dol-

Were we to go back a few years further and compare

lars.

those figures with the last exhibit, the contrast would be
perhaps more striking. For instance take June 1877

the individual deposits were reported at only $636,267,629; now, as we have seen, they are returned at $1,753,-

PRICE AND RATE REGULATION.
The

decision in the Texas railroad cases last

invests with

new

interest

week

the very able and instructive

paper on the Legal Theories of Price Regulation which
Perhaps we ought to add that the number of Prof. Arthur T. Iladley has prepared for the Yale Re'
As is the case with all of Prof. TIadley's effort?,
these banks according to the last return (July 12 1893) view.
was 3,759, whereas on July 1 1882 the number was the subject is carefully treated, and the deductions he
makes and the conclusions he reaches possess additional
2,239 and on June 22 1877 it was 2,078.
But these statements come far short of representing value and merit on that account. The Professor traces
000,000.

the aggregate of individual deposits in the country or

Even the

the history of price regulation by

Government from

savings banks

ancient to modern times, including of course the at-

of the country, though only very partially developed in

tempts to fix railway rates, and he shows that the
methods have differed widely in different countries and

the growth in such deposits.

any

section except the

New England and

old Middle

about as large a total. According to at different periods of the world's history, and that
the returns published in our State axd City Supple- these differences are all clearly referable to the differMKN'T of the strictly mutual institutions, the aggregate ences in circumstances and conditions of the nations

States, furnish

New England States in making the attempts.
1891-92 were *699,814,480, and in the old Middle States
After stating thatasilepresents two distinct aspects,
$726,903,013, or a total of $1,426,717,493.
If to those according as it is regarded as an individual transaction

deposits of those banks in the

we add the returns of the other savings banks of the
country, stock and mutual, aggregating $303,550,494,
we have a total of deposits in the savings banks of the

affecting buyer

and

seller alone, or as

transactions which furnish the

means

one among many
of supplying the

market with commodities in the necessary quantities
whole country of $1,730,267,987. These latter returns for consumption, he points out that the Roman law
are mostly dated in 1891.
From the report of the looked solely at the former aspect, treating the transComptroller of the Currency for 1882 we get a total actions as something which concerned only the buyer
aggregate of the savings banks in 1881-2.
The returns and seller, each being free to make any terms he
are given in detail, but the aggregate deposits are pleased.
In those days it was considered thit every
$966,797,081, showing an increase in about ten years of
over 750 million dollars.

man

was absolute master of his

own

and that
Such a state of

property,

doctrine was consistently carried out.

There are only two other items which we can include things was only possible wherolawwas highly developed
is the State banks and the other is the Loan and
and commercial transactions but slightly so.
In
Trust companies. For both of these classes of institu- ancient Rome both of those conditions existed to a
tions the returns cover the years 1890 91, the total de- marked degree.
The Romans were able to command the
posits reported for the State banks being $556,637,012, products of the world by the compulsory labor of
and for the Loan and Trust companies $355,330,080. slaves at home and the taxation of people who were little
The Comptroller of the Currency in the report for 1882 better than slaves abroad. Prof. Hadley notes that

— one

THE CHRONICLE.

854
there

is

[Vol LV,

mention of markets or of trading in this necessity and possibility with praiseworthy quickness.
If a man could produce goods for less than had
previously been paid, it was for the advantage of the
whole community to encourage him. But he thinks
and it is this conclusion at which he arrives that will
concommercial transactions, while small

far less

than in
the world-wide transactions of Imperial Eome
centufew
Athens
a
of
ones
restricted
more
the much
In mediaeval Europe the situation was
earlier.
ries

different,

trasted with those of the present day,
importance compared with those of the

and then

also the property

law was

less

having a large

attract special attention

Roman Empire,

direction indicated has

highly developed.

the necessity of exchanging his
artisans or craftsmen, and hence
of
products for those
assumed much greater
regulation
price
of
the question
consequence than it had in Eome. It follows that

The land owner

felt

there was a change of legal theory, attempts being made
The attempts were
to fix prices by public authority.
crude, but the idea controlling them was that sellers were

than a just price

to

—that

legal

progress in the

now about reached

its

limit

under the technical conditions of industry to-day.
Says he " As long as the fixed capital is relatively
small and the circulating capital relatively large, competition will never permit rates to be much above cost
of service, and will cease when rates fall below that
:

standard.

modern

But

if

factory, or

the capital charges are large, as in a
still

more

clearly in a consolidated

railroad system, the standard which will bring in

them- capital

very

much higher than

that

which

new

will cause

more
and that buyers on their part were likely to existing capital to contract its operations. The autoendeavor to pay less than the proper price, and hence matic character of price regulation as it was produced
that a standard of fairness must be enforced by public by competition a hundred years ago is now apparently
sentiment, if not by direct legislation, to prevent gone, and in some measure, though not so far as ia
generally supposed, it is gone in reality."
abuse on one side or the other.
The subject of railway rates forms part of the general
Prof. Hadley notes that this latter theory was never
It had always been
consistently carried out even in Feudal times. For one question of price regulations.
class of products, of which he says wheat furnishes the recognized by the common law that there were certain
best instance, it was not carried out at all, partly be- industries where competition was impracticable if notcause of the variations in yield from year to year, impossible, and such industries had been subject to
and still more because the sellers of wheat were the special regulation or law. Of such methods of regula-,
people who had most to do with making the laws. In tion canals supplied the most important instances durthe case of manufactured articles^ custom and police ing the last century, maximum tolls being fixed by
Manufacturing con- charter. Later that is, at the beginning of the presregulation were more effective.
the same thing was done in the case of
ditions varied but little from year to year, and the ent century
amount of capital involved was so small that there was railroads. Professor Hadley reasons that these metha well defined relation between product and the labor ods of regulation proved inoperative because the prices
expended on it. Yet even here Prof. Hadley finds that actually charged were so much lower than any one had
Under the great increase
prices were fixed in many instances by the guilds rather contemplated at the outset.
than by the public by sellers rather than by consum- in the volume of business so much greater than any
Thus there was a distinct tendency towards class one could have thought likely at the beginning rates
ers.
legislation, and as time went on and this tendency be- could be and were very much reduced.
But the process
came more pronounced, the courts more or less grad- of reduction was not very even, and hence led to grea
ually undertook to restore the common law system of inequalities, which inequalities were intensified through
regulation of prices
by free competition.
Prof. the arbitrary power possessed by the railroads to disHadley points out that there is an essential difference criminate very decidedly between different persons and
between this system and the system which obtained un- different places. In these instances, moreover, efforts
der the old Eoman theory. The Roman law allowed free at enforced competition increased rather than dimindetermination of prices as a consequence of the unre- ished the inequalities, since the effect was to reduce
stricted right of private property.
The common law rates to the very lowest level in some cases while leavencouraged it as a means of supplying a market more ing them absolutely unchanged in others.
fully and fairly than could be done in any other wav.
The crying evil therefore was the practice of inequali" The common law, both in its rules and its excep- ties, and it was to the removal of these that the courts
tions, recognized the public commercial end, which were obliged to address themselves.
The first efforts of
the Eoman law did not."
the English courts in the direction of enforced equality
But other circumstances also combined to bring the were extremely crude, and' Prof. Hadley remarks that
system of free competition into favor. Within the the decisions conflicted with one another to a great
last one or two centuries there have been great imextent.
Moreover the attempt was made to carry the
Sciences, the processes of law too far, resulting in its practical nullification.
provements in the Arts au;l
manufacture and production have been simplified and GraauallVJ Ji9wever, the courts narrowed the scope of
likely to exact

if left

is

gelves,

—

—

—

—

—

cheapened, and have also been prosecuted on a vastly judicial interference, finally confining tliclr attention
This made necessary the increased use to cases of clear and conspicuous inequality, where difipf^capital,
The laws of the Middle Ages had not been ferent persons were charged different rates for the same
Yery favorable to investments of capicai, at least investsubstantially the same shiproont, the wuderlying
greater scale.

!

or

menta into which the speculative element entered to theory being that while those in charge of the roada
any great extent. But with the change in conditions should have the right to fix rates within charter limits,
it was speedily recognized that the quickest
way to yet if a reduction was made to one it must be accorded
secure the capital needed was to allow the owner or
As to whether the circumstances and conto another.
borrower of capital to manage his industry in any way ditions of the two parties were essentially the same, that
that his business interests seemed to dictate.
More- was a judicial as distinct from a legislative or adminisover, it was felt that to have cheap goods competition
trative question.
was the one thing essential. Speaking on this point,
There is no sharp line of distinction between EngProf. Hadley says that the courts of England recognized
'land, and the United States as regards the methods.

SxptbmberS,

THE CHRONICLE.

1893.]

employed. There has been more or loss judicial regnlation in America, while on the other hand there have
been ii good many oiTorts at legislative re-adjustment
of charges in

There

England.

ever, that while the

is

successful

this

difference,

how-

regulation in England

has been almost exclusively judicial, that in the United
States has been the work of administrative bodies.

The American legal development dates from 1871,
when the reaction from the over- construction of railBy the aid of
roads was beginning to make itself felt.
land grants, municipal subscriptions and other unwise
devices to encourage artificial growth, says Professor

Hadloy,

we had prepared

ourselves for a practical

experience of the failure of the theory of enforced com-

The farmers

at the same time were suffering
and the result was the passage of the
so-called Granger Laws, which were so harsh in their
The railroads resisted this
operations and effects.
legislation on the broad ground of unlimited property
Professor Hadley observes
rights, and were defeated.
that to-day the position assumed by the railroads is
wholly different from that which they adopted in 1873,
They no longer contend that their business is like any
other business, nor deny the right of public authoriabout rates.
They do,
ties
to
say somethiog
however, deny the right of the authorities to
make unreasonably low rates, and on this issue, as
fought out in the Minnesota cases, they were successful.
petition.

from low

prices,

NORTHERN

authorities unlimited

power

to

make

rates

any more

than they were willing thirteen years previously to ac-

The decision in
the Texas cases had not been rendered when Professor
Hadley wrote his essay, but Judge McCormick in grantcord the same right to the railroads.

PACIFIC'S SHOWING FOR
FISCAL YEAR.

The Northern
issued this week,

THE

June hai beea
we are able to make np

Pacific statement for

and from

it

the accounts for the fiscal year

—that

is,

for the twelve

months ending June 30. The year was rather aa
eventful one, and the outcome has been awaited with
For the six months to December
considerable interest.
31, it will be remembered, the result had been much
batter than expected, chiefly however by reason of a
decided increase in the item of miscellaneous income;
in the latter half of the year the situation was such,
that the management decided to suspend dividends oa
the preferred stock.

No doubt

the belief has been that the

lost heavily in

company had

earnings as compared with the year pre-

As a matter

ceding.

figures reveal only

of fact the

comparatively small decrease in gross,
has actually increased, and

company.

We

is

»

while the net

the largest in the history

show
and net earnings during the last
The figures do not include the operation*
six years.
of the Wisconsin Central for any of the yeays.
of the

present the following to

the course of grois

iforthem

Pact/tc.

I891-i»3.

1890-91.

1889-90.

8,774

3,46S

%

%

«

t

Miles of road end
of fiscal Tear

Earning

—

FrelKht.

In other words, the courts will not allow the legislative

:h65

Pastenzer
Mall
Kxpress
MiscellanQOus

ToUl

188«.aT>,

3,837

8.teft

%

*

17,383,771 17,631,223 I5,600,S80 12,877,SS8,10,4a«,?44
6,296,288^ 6,090.191

[
'

981,401

5,834,163
443,83-

9.167,702

356,.34T

a!>.151,544 22,610,803119,707,488 15.846,328

12,78S,44a
6,904,81T

939,88')

451,781
330,8^2

298,170

5«,«78|

J

14, < 76,346 14.910.40^ 13,089,137111,863,841

(B7'4«)

8,730.841
8,2e9,70«

4,577,898

399,tS2
286,010
176,124

!]

earninKs.. 24,>tei,ia

Operat'g expens's
Per cent

1887-8S.

(S9-40)

('i7-8»)

(60-20)

800,882
131,998

9,025,896
(59-96)

I

(58-K9)

I

Net earnings.... Il0,<8\093l 10,211, 1121

0,5-il.366

7.818.927

e.8eo,782:

5.8843S1

All things considered, we have here a most remarkmainly on the same broad grounds. There is protec- able record of growth and progress. Conditions in the
tion, too, against class legislation in having the reason- late year, as is well known, were not altogether favorableness of rates subject to judicial determination, for able on the contrary some of the chief conditions
Buch class legislation is exceedingly likely where, as in were unfavorable. At the eastern end of the system
the case of our Western roads, the ownership lies in the large crop of spring wheat produced last season in
the East while those using the roads are in the West. Minnesota and North Dakota counted as a beneficial
Professor Hadley expresses the opinion that there is influence of some moment ; but on the other hand inevery reason to hope that the price regulation of the dustrial interests on the Pacific Coast experienced confuture may take more and more the direction of secur- siderable depression which operated to the disadvantage of the lines at the Pacific end of the system.
ing equality rather than of fixing rates.
The conclusions which Professor Hadley reaches as Moreover, the company was also deprived of the traffic
the result of his able analysis of the subject of price in the transportation of wheat from the Pacific Coast
and rate regulations will attract wide attention, the to Duluth and Minneapolis (furnishing a very long
more so as they are in accord with the opinions of the haul), which had been a feature of the operations of
the previous year ; the conditions of the late year
best thinkers on railroad subjects. Says the Professor
" The Roman theory of absolute property rights is un- did not warrant shipments of that kind. Altogether it
tenable in a commercial community.
The Feudal would not have been surprising if gross receipts had
theory of fixing prices by public authority on the basis heavily fallen off, especially seeing that there had been
of custom is still more untenable.
The English large and uninterrupted gains in all the years precedcommon law theory of voluntary competition works ing. What we actually find is that passenger earnings
extremely well in industries with small capital and in- have declined only $381,000 from the heavy total of
dependent establishments, but is subject to important the year preceding and freight earnings no more than
limitations where there is a de facto monopoly.
Com- $147,000. In aggregate gross earnings of all kinds tha
pulsory competition has proved impracticable ; charter decrease is less than half a million dollars.
In a word>
maxima have been inoperative. We are reduced to after rising from $12,789,448 to $25,151,544 in the four
the three alternatives of socialism, class legislation, or years from 1887 to 1891, the decrease in 1892, on unjudicial enforcement of equality on the basis of private favorable conditions, has been only to $24,661,457

ing the prayer of the railroads based his arguments

—

:

The dangers of each of the that is less than 2 per cent. The net earnings after
two former bring us down to the latter as the only having risen from $5,884,831 to $10,211,142 between
visible line of development which will not sacrifice 1887 to 1891, in 1893 further rose to $10,485,092.
more than it gains." From this last proposition we
The exhibits for the closing months of the year
think few persons who have thought much on the mat- showed decidedly improved results, and it is this cirter will dissent.
It would certainly seem very difficult cumstance that operated to better the character of the
to refute.
statement for the year.
June particularly made a

initiative in rate-making.

THE CHRONICLE.

356

splendid record ia this respect, gross haying increased
as compared with last year from $1,895,833 to 13,060,069, and net having increased over $400,000, or from
$616,261 to 81,023,983. Thus far we have not consid-

[Vol. LV.

served that the most striking increase of

all

occurs in

lumped together in the table,
comprising payments for " general interest," for
"sinking funds" and "miscellaneous." The aggre-

the three final items

1891

was only 1830,429 ; for
a million dollars greater, or

in

gate

June increased its gross from 1436,537 to $517,883, and
The following
its net from $150,334 to $315,625.

1893

and net both of the
Wisconsin Central and the Northern Pacific for June
and also the twelve months.

that furnish the key to the whole situation.

the Wisconsin Central

ered

That road

results.

table gives the comparative gross

of
it

these

for

figures out almost

$1,823,236 in amount.

It

is

these items,

therefore,

When

analyzing our figures for the six months to December
31 we were informed that there had been a change

method of bookkeeping, that the
sinking fund payments now embraced
item of
not only the payments made out of earnings but also
those made out of the proceeds of land sales which
latter had previously been excluded from the income
in the company's

Northern

1801.

189i.

1801.

2.577,951

2,322,!!59

1,086.0891 1,279,572

517,882
302,257

$
426,527
276,193

1,338,342

1,555,765

81H.230

215,625

180,334

1,239,609

766,594

1$91.

1

Jwne.

«

Gross eainlDKs...

2,060,069

Net earnings...

Total both ro't.

Wisconsin Central.
1892.

1892.

Operat'K eipens.

Pacific.

$

1

1,S95,8S3

l,023,l>83

t

JulyltoJuncSn.
Gross earnings... 24,661,457 25,151,544 6,541,964 5,245,714 30,205,421 30,397,258
Operat'g ©xpons. 14,176,365 14,940.402

Net earnings...

We

see

10.485.092 10,211,142

3,496,237

,1,357,269 17,672,602 18.297,671

its

gross as well as

its net,

the

former from $5,345,714 to $5,543,964, and the latter

from $1,888,445

$3,047,727.

to

the Wisconsin

results for

As

part of the same change, such proceeds

the head of miscellaneous income, so that that

2,047.7271 1.898,445 12,532,819 12,099,587

by this that the Wisconsin Central for the

twelve months enlarged

statements.

are also included on thecAher side of the account under

If

we combine the

Central with those of the

is

likewise affected.

The amount involved

in

item
the

change in question we do not know, and hence we
cannot tell how far it goes to explain the increase of a
million dollars in the three items of charges

The annual

together.

lumped

report, however, will doubtless

furnish full information.
In the meantime there is
we find aggregate gross earnings
cause for congratulation in the fact that in such a year
diminished only from $30,397,258 to $30,205,431, while
as the last the Northern Pacific should have been able to
aggregate net has advanced from $12,099,587 to
make a surplus so large as $834,887 over and above all
412,532,819.
As the amount of the preferred stock now
charges.
It was known that fixed charges would be heavier in
is 836,564,250 the surplus is equal to about
outstanding
181'3 than in 1891, and yet under such a favorable exhibit
per cent on the same.
2^
of earnings as the above figures reveal one would be
in' aed to think that the amount earned for the stock
'le two years could not have differed greatly.
3
As it
TRUNE LINE EXPENSES.

Northern

;i

,

this

Pacific

surplus for 1893 proves to be only $834,887,

$1,910,753 for 1891 and $3,059,891 for 1890.
'The subjoined statement will'show how that result is

^against

arrived

increase

Pennsylvania Railroad, as disclosed by its monthly returns.
In England the
The statement contains the charges item- criticisms on this feature have been severe, it being

at.

monthly returns furnish the items.

ized as far as the

[FISCAL

TEAS ENDINQ JUKE SO
1892.

1891.

(

Kit earnings— No. Pac.

I
10.211.112
2.047,727
1,888.445

10.485.092

.

Wis. Cent.
Total
Miscellaneous Income

Total
Fixed charges—

1890.

1889.

1888.

t
9,521,368

7,843,927

6,8i0,732

12,532,819

12,099,587

0,621,366

2,000,096

1070,818

7.843,927
441,097

6,830,732

2.052,485

14,683,304

14,099,883

10.592,181

8.286.024

7.851,468

2,262,818
1,090,761

2,107,615
l,024,0f8

1,046,846

789,183
135,007

614,977

24,892

35,868

22,230

4!!,M6

48,251

22,230
48,006

22,147

48,048

1,921

2,140

2,110

2,140

530,724

BantalsWlsconsin Central
8t. Paul A No. Pacific.
Cosnr d'Ai. R'y 4 NaT
Manitoba Road
Minn. Union
<!h.8t.P..Vllnn.*0m8ba
Seattle* Northern. ...
. .

13,519

7,728

5,300

228,445

44,894

16,022

700

467

951,346

1,779

6,000

Equipment
No. Pacific Terminal
Property at Winnipeg..
.

,

Branch Roads
Taxes, Northern Pacific.
Do Wisconsin Cent...
Funded debt lnt«rest
General Interest
Sinking funds
Miscellaneous

400,986
191,963

.

Total

Borplni

44,623

233,978
72,000

106,718
78,000

68,472

1,014,698

1,333,008

1,080,738

881,073

460,594

374,609

322,403

241,288

6,001,956

168,605
6,247,074

6,115,762

4,917,833

4,703,955

1,823,230

830,429

284,902

343,309

234,095

13,750,417

12,188.930

8,532,203

7,803,546

6.832,770

8S4J«7

1,910,763

8,069,891

481,478

618,683

1

\
j

It thus

becomes plain that the addition to charges
has been far in excess of what would have been
supposed likely, the total of these charges (including
the
of the Wisconsin Central) having risen
from
$12,188,930 to $13,760,417, or considerably
over IJ
million dollari.
It is to be regretted that the
reason
for this heavy addition cannot be
determined from the
above statement. The increase in funded
debt interest
from $6,247,074 to $6,901,956 is not
hard to understand, especially as there is
a coincident decrease in
the Item of rentals to branch roads.
But it will be ob-

the

argued that owing to the great augmentation in expenses the improvement in net results during the
last few years had not proved commensurate with the
heavy capital outlays incurred during the same period
of time.
These strictures on the management of that
road suggest an examination of the figures of the other
trunk lines, in order to determine whether their record
and experience have been any different. We have on a
very briefly to the matter,
but did not then have the full data we now possess.
In reviewing the Pennsylvania statement last week

previous occasion referred

for July,

Taooma Land Co

rental

Comments have been made on the continued
in the expenses of

which showed a decrease of §101,110

in gross

earnings accompanied by an increase of $380,807 in
expenses on the Eastern lines, and a decrease of $156,-

811 in gross with an increase of $154,079 in expenses
on the Western lines, we noted that in the case of the

& Ohio the character of the exhibit for July
was much the same, that road repotting a falling off
of $129,194 in gross coincident with an expansion of
$39,453 in its expense accounts.
This week we have
had the Erie return also for July, and it reveals
results which differ in no manner from those disclosed
by the statements of the Pennsylvania and the Baltimore & Ohio that is, there is a decrease of $33,733 in
gross attended by an increase of $86,164 in expenses,
thus producing a loss of $119,897 in net.
The loss in
gross earnings on all these roads is presumably attributable to the labor troubles which occurred at the
steel mills during the month in question, and hence
we may suppose is merely temporary in nature. The
augmentation in expenses is due to other causes, to
which we shall presently advert.
Baltimore

—

SEPTEMBia

THE CHRONICLE.

8, 1893.

367

As the comparisons in these cases cover merely a creased over 1^ million dollars, lost nearly half a mil<
month and also go back only one year, it is lion dollars in net the Erie, with a gain of a million
evidently dcairablo to extend the investigation some- in gross, has added jiractically nothing to its net; l^e
what further, so as to allow of deductions on a Baltimore & Ohio, with gross increased $775,000, Ium
For this pur- lost nearly $200,000 in net the Wabash, though having
broader and more comprehensive basis.
from
January 1 to increased gross $428,000, has suffered a decrease of
months
six
the
pose the results for
:

single

;

We

the Michigan Central, while hariag
$100,000 in net
nearly
in gross, has gained but $80,000
gained
$700,000
and
because
might
in
net.
And
so
go through the list.
we
which
include
roads
to
us
permits
time
same
the
at
If we compare with the year preceding the last, that
will not furnish monthly exhibits, but merely quarterly
or half-yearly statements, the Lake Shore & Michigan is with 1890, we find that there was a special reason for
Southern for instance having just filed at Albany its the heavy increase in expenses on the Pennsylvania ike
In the present year in the fact that that road last year had
return for the three months ending June 30.
This is especialjy
following table we have brought together the gross very heavily contracted its expenses.
true
of
the
Western
lines,
where
the
saving in 18^1
the
earnings
of
earnings, operating expenses and net
was
80
decided
that
with
decrease
nearly
a
of
the
1| millipn
lines,
AVestern
Pennsylvania, both Eastern and
in
gross
dollars
the
net
actually
was
increased
over
Michigan
Shore,
the
Lake
New York Oantral, the
and
even
$300,000
the
Eastern
lines
then
showed
"Nickel
Louis
(or
&
St.
Chicago
York
Central, the New
Plate"), the Cleveland Cincinnati Chicago & St. Louis slightly increased net, notwithstanding a decrease of
Some of the(or " Big Four"), the Erie, the Baltimore & Ohio and almost half a million dollars in the gross.
the "Wabash in other words all the larger trunk lines other trunk lines also practiced economy in their exThe pense accounts last year, as for instance the Baltimore
for the first half of each year back to 1889.
statement will be found quite interesting entirely & Ohio and the Wabash, though the reduction ia
apart from the aid it furnishes in a study of the tend- expenses in those cases was not so marked as on the
ency of expenses, for the totals cover figures of very Pennsylvania. Still even as between 1892 and 1800

June 30

will

it

be very useful.

brings the figures

down

select this period

;

to a recent date,

;

—

—

large magnitude,

the aggregate of the gross reaching

than 140 million dollars and the
aggregate of the net over 39 million dollars.

only a

trifle

less

TBUKK LINE EARKIN08 AND EXPENSES JAXtJART
Grots

Eaminga—

Fennsylranla, Eastern Unas..

Western

do
N. T. Cent,

ft

tines...

Ilud. Rirer'

l.«ke Shore* Mich. So
Hloh. Cent, and Can. So
N. V. Ohio. * St. Louis
Clev. Cln. Chic. * St. Louis ....
M.T.L.I!.* W.Clnc.N. Y.Pa.* O.)
Baltimore AOblo
Watkaah

Total
Operating Ba:p«i»fs—
Pemuj'lvanla. Eastern lines.

.

Western lines
N. T. Cent. i. Had. Ktver*
Lake Shore 41! ich. So
Hlcb. Cent, and Can. So
N. T. Chic. * St. Loulst
Clev. Cln. Chic * St. Louis
N.T.L.E.*W.(lnc.N.Y.Pa.* O.)
Baltimore * Ohlot

do

.

Wabasht
Total

Ket Earn<no»—
Pennsylvania, Eastern lines...

w

estem lines.
do
N. T. Cent. * Had. River'
Lake Shore A Mich. So
Mich. Cent, and Can. So
N- Y. Chic. * St. Louis
Clev. Cin. Chic, ft St. Louis
N.Y.LE.AW.(lna N.Y.Pa.A0.)
BalUmore ft Ohio
.

Wabash
Total
*

Rome Watertown

-f

Sot

ft

1

TO JUNE

1892.

1891.

1890.

t
S2.6951B2

?
31,475.411

31,053,611

24.633.937

22,105,142

81.383.809
10.678,866

20,110,444

«

30.
1889.

6,471.719

11,365,855
6,043.914

139,901,341

130,578,207

131,954,713

117,920,815

23.838.014

22.467.328

22,682.260

19,593,765

17,019,972

14,781,889

16,187.177

14,284.023

15,062,576

13,297,423
6.609.009

13,143.686
6,958,569
4,968,000

12,411.707

9,560,047
8,966,000
2,928.814
6.247.626

8,606.906

13.785.924

14.793,203
12,141.542

7,417,890

6.732,000
2,623,987

6,185,000
2,364,657

4,774.458

9.964.63'?

6.712.280

5,944,721
4,424.000

2,121,671

1,774,520

4,390.547

4.075.905

10,167,354

9,169,976

9.144,720

4,096,520
8,073 774

9,177,697

8,2(«.275

8,629.093

7,382.450

5,128,737

4,696,795

4.689,045

4.627,824

100,830.684

91,011,586

92,900,116

82,633,304

8.857,488
7,513,965

8.976,251
7,110.493

8.410.473

7.320,153

8,321.234

6,813,021

8,452.976

5,902.440

3.280,766

2,941,038

2.966,291

2,884.975

1.910,000

1,875.000

1.809,000

531,131

1,830,000
664,207

1,731,447

1,857,079

2,198.309

1,896,938

4,635.849

4,626,949

4,578,657

4422,808

2,963,846

3,161,580

2,893,468

2,672,087

1,344.982

1.445,U9

1.881.136

1.081.468

80,070,667

39,566,611

39.054,598

36,287,311

Osdensburg Included

9,008,085

612,028

in

expenses

is

quite

a

year)

feature

of

the inthe

re-

In these two years gross earnings have riser*
from $131,954,713 to $139,901,341, while the net haa
remained substantially the same, being 139,070,657 for
turns.

t
28.004,238
20.396,739
18,314.117
8.829.696
6,233,000
2.275,940
5,803,456
12,196.682

28,287,670
19,696.880
0,923,860
6,813.000
2,733.693
8.274.214
13.724.377
11.522.651
6.080,181

7,642.000
3.056.118

the intervening

(omitting altogether
crease

8.102,718

1893 against $39,054,598 for 1890, the increase in expenses having consumed practically the whole of theaddition to the gross.

Out

of the ten systems

have lower nef for 1892 than for 1890. It is worth
noting that of the five which show larger net than two
years ago, the Pennsylvania Western lines constitute
one and that the increase on them is heavier in amount
than on any of the others.
The course of gross earnings during the years covered
by this review furnishes notable evidence of the
tendency of trafi&c to grow and expand on these lines.
We start with gross of $117,930,615 in 1889. It is
proper to say that earnings in that year were by no
means poor, the crops of 1888 having been large. The
season of 1889 proiuced still larger crops, and hence
there was a very marked increiso in earnings in the
first half of 1890, the total rising from 1117,920,615 to
In 1890 the crops were short and the
$131,954,713.

501.420

In all the years.

Includinit taxes.

whose

figures are separately given in our table, five actually

result

was a great

during the

first

falling

off

half of 1891.

in

the grain

movement

Daring this latter period,

too, the strike in the Connellsville

coke region occurred

and iron production was greatly reduced, and yet under
these unfavorable influences gross earnings

declined

We

thus see that as respects the tendency towards only from $131,954,713 to $130,578,307; and now under
increased expenses the showing for July has been by the effects of last season's very exceptional crops this small

no means exceptional, nor does the character of the loss has been entirely recovered, and the total raised
Pennsylvania's return difEer greatly from that of the t> $139,901,341. The net earnings increased from
exhibit of the trunk lines as a whole.
As compared $35,287,311 in 1889 to $39,054,598 in 1890, h\\, have
with the six months of 1891 the Pennsylvania the since then, as we have seen, remained stationary, notpresent year increased gross earnings on the Eastern withstanding the further addition to the gross.
lines about 1^^ million dollars and on the Western lines
No doubt several circumstances have contributed to the

With tne outlook for traffic, ancj
increase in expenses.
former actually diminished $150,000 and those of the earnings bright, managers are naturally inclined to beliblatter increased less than $200,000.
Looking now at eral in the making of repairs and renewals, just as they arethe total for all the lines given in the statement, we inclined to be economical and sparing when the traffic
find that with gross increased from 1130,578,207 to conditions point in the other direction.
This beings©,
139,901,341, net has fallen off from |39,5GG,611 to a comparison of a year of one extreme, like 1893, with
nearly 2^ million dollars, while the net earnings of the

$39,070,657.

The New York

Central, with gross in-

that of a year of the opposite extreme, like 1891, pre-

THE CHRONICLE.

358

time, it should
question of large expenses at the present
World s £air
coming
the
that
te obseryed furthermore
heavy outto
stimulus
special
a
as
Chicago operates
at

managers

all

DEMAND

As bearing on the

duces yerv striking coBtrasts.

lays, railroad

[Vol. LV.

making extra

efEorts to

put

to be able to take
expected as a result

their lines in superior shape, so as

care of the very heavy traffic

schedules have
of that event. Again, though tariff
under
been fairly well observed, the tendency of rates
the
and
commodities
prevailing for all

the low prices
steadily in
small margin of profit left to the producer, is
necessary
it
makes
This
figures.
the direction of lower
business in
of
amount
larger
a
shall
do
that a road
as beorder to produce the same amount of earnings

*i«?S??,4
S'??nW.

Silver certificates

Cuirency certiflr'ates
...........
Treasury rotes ol 1^90
Fund lor redemp. of uncurrent nat'l bank notes
Outstanding checks and drafts
Disbursing officers' balances
Age.icy accounts, &c
Gold reserve
Netoash balance

DEBT STATEMENT AUGUST
The

following

is

189%.

SI,

Increase during the

States public debt and of the cash in the Treasury at

TitU Of Loan.

InVr't

Amount

Pav'U

lasxied.

«, Ref 'd'g

Certiflc's.

Amoitnt Outstanding.
Total

Coupon.

RS.

74,453,460

1,030,860.650 510,497,500

74.483,450

569,68»,450
60.130

Principal
Out-

of Railway.

itanMng.

Aunxtst 31.
$1,066,760 00

JlUl/ 30.

1891,

matured September 2.

1891. .fl,12;j,i60 00

Old debt matured at various dates prior to January 1, 1861, and other items of debt matured at
various dates subsequent to January 1, 1861

1,480,175 26

1.480.015 28

JUrsregate of debt on which Interest bas ceased
Mnoe maturity.
.$8,803,825 28

$2,538,765 26

Ean.

8,303,000

Pacific.

26,018,448 25

$15,2T9,396 62
8,;J75,934 00
6,903,462 62

AmrreKateof debt bearing no Interest

$879,658,574 37

OHRTIFICATE8 AND N0TE3 ISSUED ON DEPOSITS OP COIN AND
LBQAL-TENDBR NOTES AND PURCHASKS OP SILVER BULLION.

Gold

certificates

In the

In

Amount

Treasury.

CircuUition

Issued.

$83,847,210 $128,817,879 $152,231,689
2,779,159 328,289.145 831,068,304
660,000
22,210.000
22,770,000
5,268,551 104,114,056 109,88?,687

BIlTer certificates

Cnrrency certificates....
Treasary notes of 1890.

$82.4S4.92<< $683,000,810 $615,455,530

RBCAPITOL ATION.
OUusitcation of Dtbt.

August

31,

1892.

tnterest-beartng debt
Debt on which Int. has ceased..
Debt bearing no interest

Aggregate of interest and noninterest bearing debt
Oertlfloates and notes offset by
an equal amount of cash In
the Treasury

Aagregate of debt. Including
eertlBcates and notes

987,226,419 63

1,628,320

16,283

64.BaS.512

.

July 31,

Increase or
Decrease.

1892.

686.030.380 00
2.603.825 26
379,746,289 87

967,378,935 13

819,875,808 00

1,582,681.949 83 1.637,054,738 13

700 00
D. 66,680 00
D. 86,655 50
1.

D. 152,515 50

D. 4.220,273 00

D. 4,372.788 60

CASH IN THE TEBASDRT.

*"S

'""ionii'ourVeiioy'.V.'.;';".".''

sriX%rcir^.'^i'is>'?eV..';'.''.^.«°.'!.'^.'i''--

4,062,283
13,899,870

837,535
9,887

191,301

2.U9,2S9

648.235 91,118,790

24.817,348

1,108.6211 68.197,82 „

RAILROAD AND MlgCBLLAJfEOUS STOCKS,
Railroads.
Low. High
Low. aiah.
2«i4 29%
N. Y. Lake Erie & W.
L65
IB.i
Albany & Sueqiie

A

Do

pret

Centralof N.Jersey..
Central Paoillo
Ches.&O., Vot.Tr.cert.
do 1st pref
Do
Do
do 2d pref.
CUcaso & Alton

Do

pref-.

& Qulncy.

Chic. Burl.
Ohlc. &East

lU
pref..

Ohlc.

pref.

18,387,288 73

Aoresate..
$781,514,982 88

414
9614
479

98

401a
86
521a
8816
58

132
291s
2313
62I9
4379

Chlo.
Chic. St. P. Minn. &0.
Do
pref..
Cl. Cln. Chic. <fc St. L.
pref.
Do
Cleveland & Pitts
Col. Hock. Val. & Tol.
pref.,
Do

—

Delaware

&.

&

Del. Lack.

Den.

Hudson.
Western

& Bio Grande...

Do

pref

Des Moines &Ft. D..

Do
*Dul. S. 8.

Do
Do

&
&

9812
8131

126

Do pf.
Harlem

981a

151
3214

76

135%

tr.

reo

Do

pref..

& Tex

63
44I4

118381 P. C. C. &8t.
831^

&

&

t;hio.

Sara...

Richmoud Terminal.

11%
43

16%
69%
59
1179

44%

20%

217g

55

58%
21%
30%

2059

30

77% SO
2314 25%
17% 19
10% 10%
56% 61%
23
6O79

153
179
838

24
6339

153%
179
938

36I4

77%

St. L. Alt.

Do

pref..

37

Rio Grande Western.

154

I3914

AT.

H.....

&8. F. Istpref.
Louis Southw

St.L.
St.

Do
St.

pref..

Paul

&

Duluih....

Do

35
75

7%
16%
41

35

76%

9%

19%
44%

11)4% 104%
113% 116
35% 38
8% 11%
25
M.
29%

pref..

Paul Minn. & Man.
Southern Paciflc Co .
Texas & PaciUc

25

St.

1439

34%
4%

Ann

Tol.

A.

&

&

No.

Ohio Cent..

47
81

47
85

Wabash
Do

10%

12

2138

26%
31%
72%
17%

25
275

103%

pref..

Toledo Peo.

I3I4

991a

71%

Do

144

pref..

& L. Erie

Wheel.

Do

4%

United

14%

Wells,

Stiites

77%

& Co....
ITIintn:;.

Fargo

Coal

2.i%

&

Colorado Coal
1

Do

Minnesota Iron......

26
2359

Cent. Coal
Ontario Silver Min..
Pennsylvania Coal..
Quicksilver Mining..

Now

1

Do

109%

149 "a 155

pref..

Tenn. Coal & Iron

Do
pref.
Various.

1

13%

lllHi 114

18%

73 1« 73%
39
38
112
113%

16%

1

Oil

Co
pref..

American Dist. Tel..
•Am. Sugar Relln.Co.
•Do
nref..
Araer. Tel.

Amer.

147
120
57
143

& Cable...

Tol). Co., pref.

Brunbwick Co
Chicago Qaa Comp'y.

150
123
5979

147

31% 39%
56
99

Coal

14% 15%
2o% 2839 Am. Cotton
Do
58»s 63
17%

Iron

pief

53

21I4

13%

&

136M, Colorado Fuel

48%

69

Express,

13%

67% 71% Maryland
20%

25% 29%

•/7

pref.
WLsoonein Cent. Co..

91

1071fl 11038

51
25

& West..

43% Adams
13% American

15%

N. Y. Cent. & Hud. R.
tf. Y. Chio. <& St. LouU
Do
let pref.
Do
2d pruf.
N.Y. Lack, (fewest...

%

14%
66
56

42%
36% 36%
Do
prer..
71% 71%
Rome Water & Oud.. 110% 112%

39

Essex

W.

Rensse'aer

99I4

107

IVIorristfe

pref..

Pittsb. Ft.

5459
12214

pref..

Newp.Newd&Miss.V.

.

L

Do

144

Michigan Central..-.
Minneapolis & St. L..
pref

.

Ores. 8h. L. & U. N..
Peo. Decat. & E'vUle.
Peoria & Etistern ....
Phila. &. Read, certs.

99%

I3II3 139
1769
15

Texas...

Southern
& Western.

Ohio Southern
Oregon Ry.&Nav.Co.

845p
1271*

Manhattan consol....
Mexican Central

&

&

pref..
Northern Paolllc
Do
pref.
Ohio ife Mississippi...

I4

3%

133

LoulsvlUe & Nashv.
Lon. Ev. &St. L. i.ref.

Do

25%

313

414
I414
23ia

Lake Shore
Long Island

pref..

Norfolk
Norfolk

30 14

1
II4

4039
2038

K.eokuk

pref..

137i«

20%

%

3TO9
1639

42
13

& West'n..

60%

14

18%

Union Pacitlo
Union Pac. D. &G...

9
25

ll^s

Do

Do

21

16

pref..

&We3t...

N. Y. Susq.

37%
249

248

140

Do
pref..
Kanawha & Mich

M

Do

*

521a
8939

31.79

69

Toledo

Iowa Central

& Des

S-7

6414

106*
13979 13979
8U
80

90

lines

N. Y. Ont. AWest....
•N.Y. Pa. &Ohio....

43

6% 11%

275

Tex. Cen.
Illinois Central

N. Y. N. H. & Hartl'd
N. Y. &Nor. pref....

ft'^g

1551* 159
16%
16
48I4 ,50 "i

4I2
IOI2

pref.

& New England

N. Y.

..

644 67

Ga. Ry.

&

Leaped

120

14
11
32

Terre H..
PUnt&Perp Marq'te.
Great North'n, pref..
Gr.B.W.&St.P.lr.rec.

Houston

4979

pref..
Atl
pref..

2d pref.

&

Do

147
153%
165
165
100 1* IO314
60
60

& Northwest... 115%
pref.. 143
& Rock Island.. 79 14

Missouri Pacillo

35

65.%129 87
11,6 17,8«3 74
4,194,859 97—

37%

1079

Do

Do

^•V^'ZZ
69,a"i8

Pain.

St.

<fe

Do

•

1

Atchison Top. A S.Fe.
& Paclflo. ..
Bnlt. AOhlo
Bait. & Ohio 8. W. pf.
Plttsb.
Buff. Rooli.

Lou. St. L.

88,210,827 23
niS?!!."".'"

$

658,283 30.148,047
5,470,871
438,410 25,827,487
8,027 1,879.848
2,722.984

2,732,852
2,313,690

Railroads.

Mo. Kan.
oSfenT/cS'cite;;":":::::::::".-.::::

«

$
6,824,190

following table shows the liighest and lowest
and miscellaneous stocks at the N. Y.

The

Do

'*l!i;«lm"g2r"ieSJ?nl''''°''~"'''™'"

paid by
m^ts; 5 p. c.
net earnings. t?w 17. S.

EXCHANGE.

Loulsv.N.Alb.&Ch..

$186,583,680 41

"S?*"

V. S.

Balance

pay- of Interest

REVIEW OF PRICES IN AUGUST—STOCKS,
GOVERNMENT BONDS AND FOREIGN

Lake Erie
615,466,690 00

Transportation

258,851 37,430.520
68,030 9,532,953
272,365 39,865,567
18.000 2.413.808
19.706

Totals

By cash

By

Service.

1,970,560

Evansv.

t
585.031.080 00
2.538.765 26
879,658,574 37

tlie

yet paid.

Wes'- Pacific
Sloni C. & P.

E.Tenn.Va.

Aggregate of certificates..

Interest

paid by

Cen.Br.U.P

Chic. Mil.
$346,881,018 00
55,847 60

OUuatJlcatUm of CertiflcaieB and Nota.

Int. repaid hy Companies

Interest

accrued
and not

1,600,000

Do

DEBT BEARING NO INTEREST
lieKaltenaer notes
Old demand notes
National Btnic notes
Itedemptlon account
Vraotlonul currency
liMB amount estimated as lost or destroyed

^1
68

$2,102,068 80

$
Cen. Pacific. 25.885,120

Burl. C. Bap. & Nor..
Canadian Paclflo
Canada Southern

DSBT ON WHICH INTEREST HAS CEASED SINCE MATURITY.
Vanded Loan of

86

BONDS ISSUED IN AID OF PACIFIC RAILROADS.

Atlantic
»35,864,500

ARgreKate excl'd'^
B'ds to Psc.

$7.11,514,(182

.IS'iS^'S'l
.$i.i»,
1 5/!,J44

Stock Exchange during the month of August, 1892.

»850,000,000 $25,364,500
740,847,600 485,133,000
40,012,750

Q.-J.

lifocmna 18
lu
3«.907.108
.120.152,344 88

prices of railway

Realstered.

4)<8,F'n'd Loan. 1891
Continued at 2 p. c. Q.-M.
18, F'ded Loan.. 1907 Q.-J.

*^SS-??S'S??
68
29,152,341 22

month

the official stntement of the United

the close of business August 31, 1892.
INTEREST-BEARING DEBT.

S'lSuii ""art
^'*"^'»"

iVnnnmnon no"

in'the Treasury July 31, 18112

continues downward, the cost of labor, which forms
an important item of expense, is in not a few departments of the service rising rather than declining.

creased

^>J5'!'?,'>3 J°
oJ'?12'^?? ?q

m the Treasury August 31, 1892

Cash balance

Unl'n Pacific 27,236,512

and

m
m

,m'o<io'«Si. 00-$816,455,530
,in
.am ,1k« »on 00
nn
I(»,389.«.i7

Acffrfiffate

Cashbffice

this increase in business of course involves inFinally, while the tendency of rates
expenses.

fore,

LIABILITIES.

Gold certificates

23
75
11
39
3(jO

3%

63

100%
24
75
12
41

300%
3%

18
33
95

20

42%
79%

4779
8379

35%
95

63%
62
101% 114%
100% 107%
81% 87
99%
98
a

80%

8%

83°8

Sbptkuukr
Various.

n'klyu

(If

Ooiinii«'''<'iiil t'i»l>U* ...

Co.
Co.

CoiimillcliiItMl (liw

Dl«. A Cut. KiM'U.
B.Usoii Kl. 111. Co..
Qeiii'ml EltM'irlo
I^arledt) Una, 8t. L...
.

i>riJ..

l>ii

MniilintUn Bcix

..

li

Mailoiial OolilitXK

ItiO
114''.

6
131

'Nattoiiul Leiul Co...
prcf.
Do
Niilioual Uneui'd

94
33

.

.MJ»

H

13»38

m^

HUN

:

1907,
coup.

4»,1907

6»,

a.

reg.

lie
'100
116
11614
118
"loO
116
116
*1U0
116>4
110
"100
Closliiir
""•
I'lices bid— no sales during the montb.
The following luKhest and lowest prices
Opening....
fliirhoat

Lowest

Alabama Class
••

A
B
O

"

'•

e. '98,
rtq.

6», c

'09

rta
•117i«
•118
•117«8
"118

llo^

•115=8
•115

*H5i«

are from actual

Stock Exchange
KilNOB OF STATE BONDS IN ACOCST

New York

sales at the

:

Low101
...
...

" Spec, tax ('laas 2.

10518

97
96

97
96

8. C. BI-..WU

lOia

Tenu.
"
"

" L.K.A Ft.SiiuHh
•Mem. AL. K...
Louisa, con. 48

6
9
10

91^

100 la
318
4

98

N. Carolina Cong. 4h.

102

R"*

"

10
11
10
92

nu/ti

Lote.

High.

10.%'fl

"
Ourr. fd. 48.
Ark.7e,L.K P.B&S.O
'•
Mi8».t).AK«aK.

1.

1891.

ispa.

tew York

ParOanl.

>n». «8.

964t
2

Non fundable

lOm

8..ttlfiu^ut 61.
"
suiall

"
"

•

38
small

21%

103

3

1'

9t%

lOlU

76%

79'.i

T«

76

The daily posted rates for 60 days and demand sterling exchange in August are given below, it being understood that
bankers' actual rates are usually a fraction below the prices

61,333,-i44

10,534,363
8S,SSS,000
18,840,766
4,380,361

Baltlmora......

uhlaac*
rtt. LOOlS
Mew Orleans

all cities,

day

1

all nitlna tor

131,483,41)1

week...

»1,1 9.368,144
1

-)-8-8

00-1.638

-10-7

303,054,140

-1-8 -6

111,219,733,778

-7-§

• I, 0('6

$888,864,876
S30,4e8,768

5 days.,

-18-7

•872,383,148

•76Z,<488,US
146,081,263

Seven eltlea, 6 day*...
^tberoltlea, 5 daya. ......

Total

•634,B«3,848
76,201.040
60,317.711
13,104,947
85,414,000
18,343,343
6,148,156

•SlA.Oi 9,088
66,023.416

Beaton
PbUadalpbla

Ail oltlea,

Ualiatdd.

The r»nne of Government bonds aold at the Stock Exchange
in August was as follows
RAKOB OF aOVKKNMlNT BONDS IN iOQCiT.
4>i«. 1891,

Wt4k M^nMn^ StvUmbtr

OLIAUNOS.
lUturm by TtUvravK

Total

rtg.,fxl.-»2p.e,

3.59

,

IU"B

47 >s

113

•

l»t pret

113l>8
ItiO

1U8
B4
109 >4 1193»
'2!S
30
66 U
62

iirot..

Do

National UtttU'liMfR.

10l«t 1U4

113

Low. Biah
34
SH>
1011* lOS
Do
'2A jirt* f
O.'i'a 107 1«
Do
13
ll'fl
Nortli AnidrliutiJ Co..
23
atv
Ort'Koii Iiiiprovem't..
89
2U%
I'lu^lllr Mull
•l'i|M! LlmiTruBt ....
51»s aH^
6H
87 >a
I'MHial Tu'p. Cable...
195 ig 108
IMilliiiun Palaoo Car.
a^H 85 >«
silver HiUllou oerta..
t>^\ 64 >4
8outliern Coitou Oil.
14''«
13
Te.tart Piio. Lancl Tr.
96 >8 10(i«ii
Wi-«t«rn ITnlon TbI..
Vila 99
WentlnK. Elec. Ist i>f.
61
60
auenlea..
Do

VarlouB.

Loir.

Ohic. .luiiril"!! Ky...
Clt'UK' (la»

THE CHRONICLR

1692.]

8,

The operations of the Sto^k Exchange Clearing-Uoiue tat
the past two weuk.'., and also for the months of May, June,
July and Auxu-it, ar.' given in tabular form below.
STOCK BXCUANOK CLKAKl.NU UOIISK TK VNSACTIONS.
.

—

Bataneti, one tide.
s SheeU
Share*. Taluefiharee.Oath.Oleat'A.

Shartt, both tklai.
Cleared. Total Value.

,

Month—
$
May
4,731,600 258,200,000 415,000
June

16,(H4,000 1041048200

$

«

23,'400.>00 298,.300
14.33971

l.")9-*750 9J,.')<iH.7nO

61(9,313,200 11^010,) 74,186,100 974,700

!<,«07,300
July
August.. ,13,998, 480
Aiig.22 ... 823,600
••
23.... 663.000
•'
24.... 939,100
" 25.... 037,200
" 26.... 613,-00

977,583,000 1637100 10738ti9U0 1301600
H7,30i) O.li 0,000 73,300
8 J, 100,000
43,7M3,000
71,800 5,107,0 )0 74,700
98.100 6.400, 100 79,800
61,030,000
40,^00,0'>0
69,900 4,700, ')0a 43,500
42,700,000
71,100 4,700,000 41,800

Tot. week, 3,677,200 270.683,000 401,200 27,007.000
37,fl'iO 6,500,000
Aug. 29.... 837,800 64.300,000
" 80.... 596.000 38.0 0,000
04,300 4,200.000
" 31.... 404,000 28.0 10,000
O.-i.OOJ 3,300,000
931,800 6S, 400.000
96,800 6.3n3.r>00
Sept. 1
'•
2.. ..1,539,000 109,100,000 167,100 11,100,000
Tot. week.4,368,600 3U7,800,OOJ

3,190
5,88»
5,88(5

e,lM
33»
280
88S
269
280

313.100
88.700
47,000
52,000
98,500
221,600

1,447

471,400 32.063,.5OO 307,800

1,449

295
269
358
399
325

From May

poeted.
BASKbRB' STSaUHO BXCHAKOB (POSTBD BATES) FOB AUOnST, 1892.

17 to 34 inclusive the stocks cleared were Chicago Milwaukee
Sc. Paul, Louisville
Na.shville, Northern

De-

and Philadelphia & Reading. On the 35th,
Atchison, Chicago Burlington & Quincy, Bock Island and
Union Pacific were adied to the list. On Jane 4, Chicago
Gas, Missouri Pacific, New York Lake Erie & Western and
New York & New Enijland were aided; ouJuae 15, Delaware
Lackawanna & Western, American Sugar common and
Western Union were added.

60

De-

dayi.

mand.

Aug.

4 8718-8 4 89-18
4 8718-8 4 89- la
4 8718-8 4 89-is

13...

Avg.
1....
8....
8....
4....
6....
6....

4

87V8 4 89-19

4 871.-8 4 89-19
4 b7i8-8 4 89->8

7

8.

8.... 4 o7i«-S 4 89-18
4 89
9.... 4 87
10.... 4 87ia-8 4 89

V8

4 87V8 4 89
Ik::: 4 8718-8 4 89

14

60

De-

dayi.

mand.

4 87198 4 89
...8.

15... 4 8718-3 4 89
16... 4 8718-3 4 89
17... 4 3719-8 189
18... 4 8718-8 4 89
19... 4 8718-8 4 89

Aug.

60

mand.

day$.

88i<-9
25.... 4 87-19 4
88i*-9
26.... 4 87.1a 4
88I9-!'
27.... 4 87-19 4
8.
28....
29.... 4 87-18 4 8^19 9
30... 4 87-19 4 88i8'9
4 8818 9
31.... 4 8718

20... 1,8719-8 4 89
8
21...
22... 4 87 "8-8 i'aa'"'
187-8
4 8818-9
23...

Open. 4 87ia-8 4 89-18
489I9
iTs'ii.. 4.-8
488I9
4^7
U... 187-is 4 88>8 9 Last.. 4 871a 4 8818-9

&

&

Pacific pref.

UNITED 3TATES QUARAMLWE AGAINST CHOLERA.

The following circular, declaring a twenty days' quarantine
Condition of Banks, Kational and State, In Kansas.— against vessels carrying immigrants and coming from any
Commissioner Johnson issued on August 23 his report on the foreign port, was issu' d by the Treasury Department on
condition of State and private banka in Kansas on July 31. Tliursday, with the approval of the President:
From them and from the abstract for national banks of July TUEASCKV DH'ARTKKST, OlFICK OP TMK SUFERVrslSO SUBOEOIfUekebai. Unitkb STATas Mabi.hk Hospital Skkvicr,
J
12, we have prepared the following, which covers the results
Washinoioj?, Sept 2. 1892.
>
To CoUectort of Cuitomt. Mr.dieal Offlcert of iHi; Murine Hoepital Ser
for all banks in Kansas:
ifat. Bank*.
State Bar^k*.
mc'. Foreign 8leant$hip Companus, State and Local Boards of
Tdtal.

KANSAS.

JiUu

and dueoant*,
Means, boadj. Jie
Iioaiu

12, 18^2.

US

Mamber
tnelad'ic OTMrdraft*.

DaTfrombaokiindkanken.... ...........
Due from remrre ueuta

Baaktiuc boiu«. famlturaand flrturea
Qiharnial Mtat« and mort|iatfe>* owned...
Sold coin aad certiae»t««
BUtbt coin and e<rtiaoata4
LmiI teiidar iiuM* *ud Mrt'fs of depotlt.
BUia of otbar bank!

xobaofM for Olaarinx Honae

Onrreot axpeuau and t«x«B paid
PnmlaaM 00 O. S boad«
Other TMoanea
Total
Liabmtit»-~

Koek paid In
naandaadlTldsdproaU

Sal

%a.ii^.4Ai

800,027
l,o»1.0i!d

389.414
1,0S0,JI20

687

»14.481

tll.SOS.lSl
5,013,731

4,a3»,19Z

10,631,477

511,381
2,788.8J0
7H7.8J2
2l5.aiS
l,73o.l5S

2.126.372
3.5«9.807
],7B8.StS

»a),8.'>«,n«

fWiti
1.171.ii7SI
4,820,107
1,816.011

Julv 30, 18e£.
444

{

aj3,W»
SS.OIO

in.hta
142,334

4.'>«,031

?™-iL'
445,834

2»3,»47

5»."),-3tW

2,7^5.473

63S.2UI
83,188
598,366
279,481
8eS.63t

|3«,»»4,2«9

»3S,0«2,78l

»73,0»7,080

»lS,fl«7,100

flO.777.3S7
1,781.701

|23.444,4."i7

4.180.»tO

laUon onutandlnc

2,448,559
2.«16.05>

DlTideiMU unpaid. ..._
tadlTldnal dcpoalU

20.Sll.09ii

86,5»«
1S,51I.232

S2.85r,330

272.113
1.228.14>

5,(;^1.88»
272.B2:<

5.9:14,002
1.501.26'l

3lie,0»
20

1,381.725
«59.46i

1,779,748
«S9,482

$39,994,299

133,062,781

^,067,080

»2.8«

OtberdaiKnlU
Dot lo bvika and bankan
lotea and blU.1 parable
Otoar UabUlUoaTr.
Total

—

2.ei><,0i>5
ifi).47S

Clearings by Telegraph
Stock Exchange Clearing
Honte Transactions. The subjoined statement covers the
clearings for the curreat week, usually given oa the first page
"f the CttROKlCLB, but which on account of the length of the
other tables is crowded out once a moath. The figures are
received by telegraph from the leading cities. It will be
observed that as compared with the correspondins; week of
1891 there is a decrease in the aggregate of 7'5 percent.
So
far as the individual cities are concerned. New York exhibits
a decrease of 17-1 per cent, due not only to the sonller volume
of speculative transactions this year, but also to the operations
of the Stock Exchange Clearing House.
Philadelphia and St.
Ix>ui8 record gains, but there are losses at Bostoa, Baltimore,
Chicago and New Orleans.

—

Health :
It having been ofBcially declared th't cholera is prevailing In various pori tuns of inbBU, Germany and Krai Cm, aud at certain ports in
Great Britahi, as well as lu Asia and it hariti;; oeou ma le t J appear
th It inmlKnints in luijfo number,, aiecumiui? into tbe UoUed St.itei
from the infected districts afor.-8aid, aud that ibcv »ud tlieir personal
cffeots are liable to introduce o lolera into ta« Untied ->tate8, aud that
vcssel.s 00 .veyoif? tiiPoi are ihtrocn a direct uj>-oi(Cii to the pubiio
hcaltli; and it haviug bieu further «howu that under the laws of tha
e*iTeral 8t;it<.i* qu tr.iutine del uiions mav ue i:upo>*H(i ui,i>n thuae vaa8el.s a suniiiont lenE'h of time ta iiMure ngninsi iUelulrorta»tion of oontagioui diseases, it i-. hcreoy ordered Uai no ve«.>el from auy foreign
?'ort earryiOK im'ni,ir«uts 8h ill b admitted to enter ai auy port of the
Jnlted State* until said vessel .'(ball h .ve undergoue 4 quai-antina detention »f twent) days (UBieas such detention i^ tor'ndileu by tha laws
of tbe State or the reiruUiions m.tde thereunder),
of such greater
number of days as may be ftred In each special case >>y the dtate aa;

i

md

thiirllle.<.

This circular to take Immediate affect, azoept in oasei of veaaels
afloat at this date, which will be made tbe subj,-ct of apaolal consideration upon due applioation to the Uepartment.

WALTaa WrwAN.

Supervising 8urge«n General United States .Marine HoapituI Serviaa.
Cbarlvs Foutkb, Secretary of thaTreasarr.

Approvea, Benjamin Hakiuson.

BEtonetatglOPontmevctal

gugUsU |^ews

[From onr cwn oorrespondent.]

London, Saturday, Augii-t

20, 1893.

The

price of silver, after rising at the beginning of the week
o S8 5-16d. per ounce, dropped back again on Thursday to

37Jgd. per oimce,

and there has

l)een a very geoeral fall in
Indian rupee paper, for example, has fallen
duruig the week about 1% and Mexican sixejj about IJ^. The
becurities of the Mexican railway comp-inies, however, are
sui)poned by the new pooling arrangement. The shares of
Eistern banks have likewise all dropped those of the Chartered Mercantile Bank have fallen IJ^; they are £25 paid,
with a liability of £25 in case of liquidation, and they have
changed hands this week at about Z'f^, The shares of tha
silver securities

:

;

THE CHRONICLE.

360

[Vol. LV.

China and Japan are about %, or even under. Naturapprehension
ally this general fall has excited a good deal of
and rumors were circulated that one of the banks had applied
refused.
to the Bank of England for assistance and had been
There is absolutely no foundation for the rumor, which ap-

The intelligence from Russia is still conflicting,
impossible to form any definite judgment; all that is
known is that the harvest will be very bad in some districts
and good in others. Leaving Russia out of account, the Euro-

pears to have been invented for "bear "purposes. No application has been made by any important institution to the
Bank of England. As a matter of course the banks are losing
through the fall in silver, but the particular institution pointed

The wheat market continues exceedingly quiet, traders buying only from hand to mouth.
The rates for money have been as follows:

Bank

of

districts.

and

it is

pean harvest will probably be very nearly yp to the average.

the discount rate in the open market has in fact been advanced
to 1 1-16 per cent. It will probably rise higher if apprehension increases otherwise it will be very difficult indeed to
maintain the advance, for business of all kinds is exceedingly
;

unemployed money is very large.
England holds at present not far short of 27}^
millions sterhng in gold, and its reserve considerably exceeds
quiet, while the supply of

The Bank

of

17J4 millions sterling.
On the Stock Exchange business is still stagnant. But
though there is no increase in business, quotations in the
British railway market and in foreign securities are higher.
During the elections here there was a good deal of "bear"
but as the public has taken
selling of British railway stocks
very calmly the change of government, and was prepared for
the decline in railway dividends, the " bears" are now buying back. The strength of the foreign market is almost en;

Interest allowed

Open Market Rates,

at is not believed to be in serious danger, though the depreciation of its shares has gone so far as to alarm its depositors.
Probably some reorganization will be necessary.
The banks and discount houses are trying to raise rates, and

tordepositsby

Bank
1

IVade

Bills.

Bills.

Six
Ihree
Four
Four
Months Months Months Months

Three
JfontJis

Disc't

Joint
AStock

Six

Mon^

K-

H'H

At

7 to 14

Call.

Bav«.

l«a2
® -'m<^ H H
I
® -\m® - 1«®2 1«®2 iH<ai2n 1
H H
J<®
H H
JO- 1 @ -\lH@ - 1^(82 l>i®2 i-h»2ii 1
2
1
1
a H
M.%- SV4 IH9 1J«®2 1«®2« ®2K
1 a - IMO -2 ® - iHa2
1
1«®2 2«a^
a H
v>m - iM® - 2 a - lk(3l2Ji 1H@2 2«a ^ 1
H H
The Bank rate of discount and open market rates at the
ohief Continental cities now and for the previous three weeks

Jnl7 15 3
"
22 8
••
Z» 2
Ang. 5 2
"
la 2
"
19 2

tiave

%'2

-

1

been as follows:

»•

Aug .12.

A\vj .19.

Av^

Jull 29.

i.

Rate* 0/
Interest at

Paris
Berlin

Bank

Oven

Hate.

Markei

~«~

Bumbure

3
3

FranWort

3

Ainaterdam

2H

Open
Bate. Markei

Batik
Open
Bate. Market

Bank
Bate.

Open
Marktt

~~1«~

~2ir ~h'

~h'

2H

Bonk

~2jr
3

8

IH

3
3

S
3

Ui

2«

m

Brussels

'-

2«

m

IH
IH
IH

s
3
3

m

IH
IH

2«

2«
2X
SH
2«
IH
from Paris, where the great operators are as
i
i
4
SH
SH
8U
confident as ever, and where money is exceedingly cheap. 3t. Petersburg.
BW
i
i
4
BH
6W
6H
6
5
6
4«
6
iH
4«
The Spanish loan is not yet completed, and the news from Madrid
Copenhagen...
1
SH
i
4
SH
3«
SH
Russia is not reassuring still the Paris Bourse is confident in
The
following
return
shows
the position of the Bank of
its own ability to maintain quotations, and the negotiations
between Russia and Germany have also strengthe'ied the Ber- England, the Bank rate of discount, the price of consols, &o.,
Oa the Continental bourses, however, there is ojmpared with the last three years:
lin Bourse.
1892.
1891.
1890.
1889.
veiy little more real business than in London the movements
Aug. 17.
Aug. 21.
Aug. y.
Aug. 20.
"
everywhere
"bear
re-purchases,
the
public
are mainly]due to
£
£
£
i t
21,81i,693
24.916,685
26,449,930
26,810,705
acting very cautiously. Early in the week tbere was a severe '31rOnl8tl03
Public deposits
3.30i!,457
4 139,383
4,034,263
4,l»8,5S0
fall in Uruguayan securities, it being reported that the GovOtber deposits
31,755,315
28 870,583
25.41.5,884
83,219,878
ernment was in great need of a fresh loan, and that a revolu- *OTernmen securities
15,074.237
15.372,333
11,909,391
10,311,8*
21,383,511
19,955,663
21,678,743
28,394,416
tionary rising was prevented only by the loyalty of the army. Other securities
aeserve
17,331,204
14,237,487
12,395,277
17.020 .« 38
The real position is not known, for exceedingly little intelli- Oolnand
bullion
22.663.18J
21,111,903
27,331,131
86,781,013
gence is received from Montevideo, the public here being Prop. assets to liabilitles.per ct.
11
13
48 3-llt
43
n«
i'oH
»4
percU
2
2H
almost entirely dependent for its information upon private Bank rate
Consols 2?i per cent
971-16
90 5-16
90 1-16
oasadvices. There has since been some recovery. Tnere are no
Olearlng-IIcuse returns
126,474,000 135,866,000 137,723,000 is 5.773,000
fresh bank failures in Australasia according to the report of
•Aug.
21.
the Committee of Investigation of the Mercantile Bank of
Messrs. Pixley & Abell write as follows under date of
Australasia, the bank has been insolvent ever since 1889. The
directors obtained excessive accommodation from the inslitu. August 18
Gold has been lu considerable demand since ^ast week, cbiefly for
tion, and land and finance companies promoted by one of the
Austria, and there has also been some Inquiry for United States (fold
directors also got improper advances. The committee esti- coin. Since the lltli last, the Bank has received' ies 19.000, of whlcli
*150,000 came from Australia and £110,000 from Lisbon. Arrivals:
mates that a call will have to be made upon the shaieholders West
Indies, *2,500; South Africa, «60,000; New Yorlf, £12,O00.
tirely derived

,'

;

;

;

for nearly half a million sterling.
The cotton trade presents the same features noted heretoThe [demand for the Far East is of course affected by
fore.
the state of the silver market, but the home trade in all its

branches continues fairly good. Tliere is no scarcity of employment and no material reduction in wages.

The quotations for bullion are reported as follows:

The Treasurer of Queensland, in making hij financial statement on Thursday, said that the past year had been a very uneatjifaclory one for

all

the Australasian Colonies.

GOLD.
London Standard.

In the past
Bar gold, fine
oz.
Bar gold, coutain'g
SOdwts. silver. .oz.
Span, doubloons. oz.

9M

s.

77

SILVER.
11.

London Standard.

Am.

d.

18.

Aug. 11

d.

OH Bar

silver

oz. STyi

SSXi

Bar silver, contain77
73

»H
9H

77
73

9«
6M

ing 5 grs. gold, oz.

Cakesilver

oz.

am

38^

40M

41;^

Mexican dols.oz

compared with previous seasons:
imtobt;,
1888-89.
1891-92
1890-91.
1889-90.
Importsof wheat.owt,67.009,929 56,174.470 55,559.75-5 57,343,179
Barley
10,109,657 16,001.564 14,185,686 18,443,604
Oats
14,530,707 15,338,309 12,465,471 10,376.812
Peas
2,231.S21
1,736,098
2,671,428
1,866,596
Beans
3,031.613
3.430.051
4,038,306
8,256,163
Indian corn
29,393,400 29,239,290 41,726,881 31,408,033
Plour
19,158,751 15,230,093 16,046,121 13,981,701

Supplies available for consumption (exclusive of stocks on

little

September

under average. The news from Austria-Hungary
is that the
•crop IS up to the average, and it is
said to be likewise about
,
an averace in n-rmnnr- Wnlin^j
„_j Belgmm.
t.
*°" ^""^

1):

1891-92,

Wheat

1890-91.

1889-90.

1888-89.

owt. 67,009,929 56,174,470 55,559,755 57,543,li9
imports oi
Imports
of flour
uour
._,-,.,,
19,158,751 13.230,093
15.230,093 16,040,125 13,9Sl,701
Sales of home-grown.30;767;279 33,521,707 44,270,400 35.421,539

i

In Spain
been done by excessive drought in
many

d.

Aug

The following shows the imports of cereal produce into the
United Kingdom during the fifty weeks of the season

According to an estimate of the harvest in this country,
published by one of the agricultural papers this week,
out of
a total of 32.5 reports the wheat crop is an average
in 124,
«nder average in 163 and over average in 35 cases.
Barley is
said to be, as the Times also reports, th? best
crop of the year
both the yield and the quality being good.
Oats is under
average in 138 cases, average in 120 and over
average in 5i
cases. French reports are to the effect
that the yield is turning out belter than liad leen expected,
and will be very

.^'.

77

18.

8. Am.doubloons.oz

duties.

_...-""-__,
much damage has

Aug.
s.

they had [indulged in borrowing to an excessive extent.
So
far as .Queensland was concerned there was a deficit for
the
year of over £200,000, and for the new year he estimates a deficit of £100,000, which he proposes to cover
by reducing
the salaries of Members of Parliament and increasing
the

Customs

Shipments: To Bombay, £20,000.
Silver, after a sudden recovery to 38 5-16d., has slvon way on account of the unsatisfactory India Council Allotment, and closes very
weak to-day at ST'sA. Arrivals: West Indies, £35.000; Now York,
£20,000. Shipments: To Bombay, August 12, £105,000.
Mexican Dollars— These coin have been in decided request, and today have been sold for the East at ST'sd-, a difference of oulj >4'1. below
bar sliver.

I

Total

116,935,959 104,926,270 115,876,280 106,94e,4C9

|

September

8,

THE CHRONICLE

1803.]

1891-02.
A»er. rT\ce wheat weok.2as. lid.
OL
"'*•
.33».
»«aiion
8*iai*w"--»'*>0'
jirlce,
ATerami
tvera^o jinco,
.

1890-01.

1889-00.

1888-89.

sn*.

8(1.

On.

2(1.
-'*

3(U. rtd.
oOs. 11(1.

30(1.

3.jn.
«"-•.

30-4.

9

The following shows the quantities of wheat,

flour

1.

ai;<J

861

previous returns we obtain the flgurea for previous monthf,
and in that manner complete the statement for the eight
months of the calendar years 180'3 and 1891.
BBGKIITS (OOOs omitted).

maize afloat to the United Kingdom:

qm. 1,867,000

La»l week.
1.864.000

267.000
580,000

^l-J.WO
615,000

Thif wfek.

Wh»at

riour, equal to qr».
qra.

Malio

2,1(!7,000
2(IH.0O0

721,000

s.m. ViM'l

Om-

InUr-l

tomt.

Rn'tu Fund. S'ren

EaxlUb Ptaanslal <I*rlceta-Pdr Cable.
:

d
BUver, per o«
ODDRols.new,2^perots.
do foracoouut
U. B. 4sof 1907
Can»<Ilan Paoiflo
Oblr. Mil. <<E at. Paul....
niln»is Central
Lake Shore
Louisville & Nashville..
Hextt'un Central 4s
H. Y. Central Jk HudRon,
ir. Y. Lake Krie cbWest'D
do
2d cons
IforfolkA Western, pret.
Ho-tliern Paclflo pref...

3Sia
3818
38
07 >a x97'»,8 9611,8
976,8
9611,,
97»8
979,8 z96^
97»j«
100-35 10()5i
99-82 >t 09-90
99-95
97-',«

121

121
90 °»
85
lOlHi
138
7088
69 >e
115>4
28
107»«

1

n
M
&
»
&o
a
n
n

lom

137\
69^
6038

115
7=8

waba»U pief

Imports and Exports for the

New York

for the

121

90>4

90

83''8

83
I00>a

90<«
85 >4
101>«
137»9
70>8
69^8

101k
136%
6998

68^8

115

113\

68 'a
112>4

107
44

8«n'l mer'dlso.
Total
Binee Jun.

Oen'l mer'dlsB.

Week.—The following are
week ending (for dry good.s)

5,390,792

$7,550,348

$8,762,066

$9,306,590

$90,142,928 $104,087,200
239,671,036 250,902,915

$80,110,693
272,864,079

$83,387,437
292,784,308

of dry goods for one week later will b« found
in our report of the dry goods trade.
The following is a statement of the exports (exclusive of
pecie) from the port of New York to foreign ports for the
week ending August 30 and from January 1 to date

The imports

Wot the week..
Prev. reported.

1892.

1891.

$5,555,224
210,652,735

!i;7.876,30l

$8,609,S91
223,999,665

$6,481,905
253,816,459

Total 34 weeks. $222,104,509 $216,207,959 $232,609,056 $260,298,364

The following table shows the exports and imports of specit
at the port of New Y'ork for the week ending Aug. 27 and
since Jan. 1, 1892, and for the corresponding periods in ISi-l
and 1890:
XPOBTS AND DCPOBTS OV SPBOIB AT ICBW' TORK,
Imporlt.

Exports.
fioW.

Week.

ertat Britain
Pranoe ... ..........

West Indies ...
Mexico
South America

.....

All other countries..

Total 1892
Total 1891
Total 1890

SiTiee

Jan.

1.

86,203,143
17,310,228
$1,500,606 24,017.350
26,000
6,660,699
8,000
1,100,943
10,500
$1,526,000 $55,310,863
13,210 74,830,266
164,702 18,532,234

Week.

Since Jan.1

$32,185
4,496,901

914,150
216 004
30,248
535,924
173,398

$i',4"4"6

.583

6,483

$8,506
50,96"

1

698,107

$6,428,810
3,007,805
6,515,064

Silver,

Week.

Sreat Britain

Oennany

Total 1892
Total 1891
Total 1890

Week.

1,300
7,7i2'5

All other countries..

1.

$629,150 $12,226,390
523,139

...•••......

South America

Since Jan.

932,742
38,215
529,227
22,759

$636,875 $14,273,772
209.319 10,416,583
15,009 12,825,741

861
188
80

8,1»7[ 8T.iilO
8389 87. .tS

142
111

4,188

3,7M' M.-'t*

W :.0O
2«,S8»

1,107,

B7.7l7i 8.087 2O.S90

846319

DISBDB8BMINTS (OOOS Omitted).
1891.

1802.

W.Wt.

OnM-

P«n-

rn-

narii.

•iotu.

Ure»t.

Ordinarv.

««J'p. Total.

Fund.

(

%
16,980
18,637

t
6,678

10,522

1,438

18,414

761
248

1.619

14.5S7'

April...

15,688

12,705' 1,786

Mnj....
June...

14 751

1J,903
18,123
14.935

4.07.1

1,038
1.023

888

1,018

7.048

918
641

ll,56;i

JnlT....

15,618
16,081

Aog...

17,632| 13,478'

330

In-

*
17,810

18,8H

831S

\SXO

21,17i
18,760
14,188
81,614
18,874

82,755
28,911
37,24tf
.18,081

8 mo». 123,709 100.846 21.1»l! 8.-'4S'a)4.0»ll

Hai'p. letai.

Pund.

»

88.663; •17,58S
11.77"
37,432

29,423
81,08S

1.2)6

Pm-

tioiu. e«rMt

t

*

1

ll37.8(p;i

264
8,521

18,721

18,663

8.084

«
»
8,462 *3,86I
860, 2378 31,720
702{ 2.440 81,481
2,855 1.540 86381
738 2,082 30,09»
719 2,876 88,908
2,S8S 1.68C 89,7e»
468 1.801 20,738
1

8.851

1

74.l7l'll.016'l5.8r8 as'-.o

7

Inclades 889.881 dlibarsed for premiums.

*

Coinage bi United States Mints.— The following sta'c
by the Director of the Mint, 8ho'< s
the coinage at the Mints of the United States during the moE h
of August, 1892, and the eight months of the year.
(nent, kindly furnished us

Since /«n.l.

»2t,014
335,737
91,255
293,856
109,939
431.828
57,251

8 Mouths of 18 2.

Aug.
Denomination.
Value.

Pieces.

Pieces.

V'lJii*.
|

$
Double eagles
Eagles
Half eagles....

.

107,000
49,180
190,000

.

2,140,000
491.800
950,000

620,133!l2 402,760
870,220 f'-,702,200
1,022,399

5,111,995

ei

""ilw

Three dollars
uuurter eagles
Dollars.... ..........

3,58l,S00

346, IE

Standard dollars

2,512,821 26,217.115

550,000
101,440
568,000
370,000

550,000
60,720
142,000
37,000

3,422,905
1,996,023
7,621,074
11,154,391

3,4,22,095

1,589,440

779,720

24,194,483

7,441,714

384,000

19,200

7,239,192

361,960

4,6'30",006

"ie.so'o

22,0'69',3'8'2

220,694

Total minor

5,014,000

65,500

29,308,574

582,654

Total oolnaee

6.949,620l

4,427,020

Half dollars
Quarter dollars

,.

Total silver

Five cents ..........

998,011
1,906,269
1,115,439

Tliree cents..........

Ohangbs

—

in

56,015,87b 34,211,483

Legal Tenders and National Bank Notes to

Sept, 1. The Comptroller of the Currency has furnished
us the following, showing the amounts of national bank
notes August 1, together with the amounts outstanding Sept.
1, and the increase or decrease during the month
also the
changes in legal tenders held for the redemption of bank
notes up to Sept. 1
;

:

Motional Bank Notes—
Amount outstanding Aug. 1, 1893.,
Amount Issued during Aug
Amount retired during Aug

$172,420,5<1

$891,370
762,101

,

Amotmt outstanding Sept.

',

1892*

129,266
$172,5 9,927

,

Legal Tender Ifotes—

Amount on

deposit to redeem national
notes Auir. 1, 1892

Amount deposited during Aug
Amount rel88ued<& b'ok notes retlr'd

Imports.

Xxportt.

1SS.81S

Dimes...............

raw roas fob thb wbbk.

214,228,208

8 mo(. 187 ,«8- 10B,41B 8.187 U.S68 848.T9I

Aw...

6,617,798

Tbtal 34 week*. $329.8 13.964 «354.990.115 $352,974,772 $376.171.745

1890.

18,60 J

I
%
848 8,808 tnjm.
838
788 88311
881 8.447> r«41«

1892.
$2,(188,792

1889.

14,658

J5.166

24>«

39=8
26>8

$2,323,375
6,438,6al

BXPOBT8 raoic

16.468

84,03.'<

25>»

395»
26 >8

1.

Dry Goods

34,671

38%

50
29

$10,426,979

11.816
14,168

1,144

r«b....
Uarch..

29'4

J891.

8.0ft7

18.9M
18378
u.oas

9,480
11,807
18,888
11,879
18,787

1,M0 31,818

55%
28%
38%

55 '8

2918

1890.

88,074
ss,4e»

11,886

2.843

14.083

56 >4

57^8

55 '8

$2,159,.'i56

I,V88

8.401

88,077

257
551

14.780
U,8tl«

Jan

57ie

YuS-lJKUeU JottL

861

M.eiH
I8.a7i

41%

rOBBIQH IMPOBTS AT ITBW TOBK.
1889.

18,1*S

81.890
80,768
30.04 •

1,787

818
417
270

19,483
18,000

18.831

I7.a08

106>4

424t
5638

$2,528,950
7,898,020

la.iw
i«a34

l«,7»«

16,416

Julj....

106\

;

Dry Goods

Feb....
Uarcb..
ApnI...
Mar....
June...

InUr-t

lUv'w Fund. 5'rcM

~r'

2,188

1S9
S7

11.81I

17,.-)»I

Outtome.

27%

Aug. 2') and for the week ending (for general merchandise)
Aug. 26 also totals since the beginning of the flrst week in
January.
for Week.

Jan

135

27

27's

107 >a
44

40 '8
26

121

121

90^8
8538

44>4
5738
55^8
29'a

'

PenuHjlvanla
rhlladelphlaA Keading.
Dnlon PaclUo

the imports at

FH.

THuri.

39>8

...
...

(In Farl»)fr. 99- 52 >s

IVch rentes

Wed.

Tue».

Jfoti.

Sat.

lotaL

*

daily olosini? quotations for securities, &c., at London
are reported br cable as follows for the week endinn Sept. 2

The

London.

INI.

18M.

1890.

1891.
1,778.000
171.000
3 tO.OOO

bank
$26,288,008

$553,870
lu

Aug.

75-.«,174

1;

8,SM

Amount on deposit to redeem national bank
notes Sept.
*

1,

1892

$26,039,7fl«

Clroolation ot national gold banks, not iaolnded above, $106,602,

According to the above the amount of legal tenders on
Sept. 1 with the Treasurer of the United States to
redeem national bank notes was $28,089,794. The portion of
371
this deposit made (1) by banks l)ecoming insolvent, (2) by
$3,317 $1,340,880 banks guing into voluntary liquidation, and (3) by banks re40,825
1,387,377 ducing or retiring their circulation, was as follows on the first
203,247
4,089,457
of each of the last five months
$2',6'6i

"'"'882

deposit

:

Of. the above imports for the week in 1892 $1,140 were
American gold coin and $25 American silver coin. Of th«
exports during the same time $1,526,000 were American gold
com and $1,000 were American silver coin.

Government Revknuk and Expenditdhes.— Through the
courtesy of the Secretary of the Treasury, we are enabled to
place before our readers to day the details of Government
receipts and disbursements for the month of Aug.
From

Deposits

by—

[nsolvt bks..

May

1.

791,961

June

I

740.644

July

I.

$
757,794

Jiui/ustV

777.808

8*pl. 1.

008.786

Uciaid'gbks.. 5,156,022 5,172,346 5.062,312 5,027,885 8,086,675
Bed'o'g undr.
Mt of '74..' 22,463,904 21,796,504 21,072,509 20,482,315 20,094,333

Total
'

28,411,887 27,709,494 26,802,615 2R.288,09'i 26,0<:V0'

Act Of Jane 20. 1874, and July IS, 1883

THE CHRONICLE.

^62

Bonds Held by National Banks.— The foUowing interesting statement, fiunished by the Comptroller of the Currency,
shows the amount of each class of bonds held against national
bank circulation and to secure public moneys in national bank
depositaries on Aug. 81. We gave the statement for July
in Chronicle of Aug. 6, page 304, and by referring to that the
changes made during the month can be seen.
V. 8.

>V9$eHpti(m of Bonds.

BmuUHeld

Bank

Pubtie DeposiU
in Bankt.

'OIIZT6BOT 68.............

S per cents
Total

Aug. 31, 1892,

to

[Vol LV.

—

Salt Lake City, Utah, 5 per cent public improvement
bonds are offered at 103 and interest by Messrs. Blair & Co.,
33 Wall Street. Particulars as to this issue of bonds wiU be
found in the advertitement in State and City Department.

—

Springfield, Mo., 5 per cent school bonds, principal and interest payable in
York, are offered by Messrs. George A.
Fernatd
Co., Boston.
See advertisement in Statb and

New

&

City Department.

—

The Trenton Potteries Company have just declared a
quarterly dividend of 3 per cent upon their preferred stock,
payable at the office of Messrs. A. M. Kidder & Co., this cityi

Seeure-

— Attention

Total Held.

Circulation.

$1,116,000
12,713,000
1,553,000

$11,786,000
130,175,700
22,030,350

$12,902,000
142,888.700
23,(03,350

$15,382,000

$164,01?,050

$17P,394,050

called to a list of securities advertised
New Street.

is

R. Y. and Brooklytt (Jas Securities

0A8 COMPANIES.

Bid.

—Brokers' Quotations.

&AS COMPANIES.

Ask.;

130
118
Consolidated Gas
Jersey City & Hoboken.. 180
Metropolitan — Bonds
107
140
Mutual (N, r,)
100
Bonds, 63
145
Nassau (Brooklyn)
100
Sorip
93
People'&/Brooklyn>.

Williamsburg
Bonds, 68

135

117

A<k

Bid.

I

Brooklyn Gas-Light

Ejoports of Bkeadstuffs for July, 1893.— The following, made up from the statement issued by the Bureau of
Statistic?, shows the exports of domestic breadstuffs from the
under-mentioned customs districts of the United States for
(he month of July in 1893 and in 1891.

by

H. Barrows, 34

S.

130
108

111
117

Metropolican( Brooklyn)..!
Municipal— Bonds, 78
105
Fulton Municipal
137
Bonds, 6s..
102
Equitable...
xl53
Bonds, 6a..
106

145
103

140
107
1S5

95

-

City Railroad Securities— Brokers' Quotations.
J uly.
BreaiiUift Bxporf;.

1892.

Qu'ntitie)

Valut.

Qu,'ntitia

Scrip

103
30

7thAT,-St'k.. 198
-J&D 104
104
104
94
195
Brooklyn City— Stock
B'klyncroBst'n 6s., 1908 107

sr'dway

tnuK
York

JIartov.

-flaw

Drr Dock K. B'y & B.—

Atlantic At., B'klyn.St'k. lis
Gen. M., 59, 190B...A&O 100
Bl'oker St, A Ful. F. -Stk. 29
Ist mort., 7e., li>00.,J.SJ 110

1891.

VcUw.

jk

Ist mort., 78, 1893. A&O 100 103
42dSt, Manh.A 8t.N,ATe. 54 58

l8t mort,, 68, 1904

58, 1914,,.J&J
'24
B'way let, 68, gu
and 5s, int. as rent., '05.

admort.,

BwtOD
PhUadelphlB
Baltimore
M«fr Orleans
i.<mt. diats.*..

100 102

Bifthth At.— Stock
250
Eighth At.— Scrip, 68, 1914 105 109
42d & Gr'nd St, P'ry— Stk, 250

ist mort., 6a, 1910,,

2d M,^ncome,68

MAS
J&J

Hon8t.w.St,A P,F'y— Stk,
1st mort., 78, 1894. .JAJ
Bkn,0'yAN'u58,1938 JAJ lei's ibaig Nluih Ave
Sejond Ave.- Stock
Central Crosstown— St'k.. 140

53,701

rOUB.dlBtlB.f..

200

!

VoWUlMrler

108,894

83.701

264,166

164,333

665,088
2l7,t08
837,ai3

821,078
1 20.158

1,521.072

4Ui!,030

Baltimore
Mew Orleans

311,0t'5

Pee. cast, dists.*.

W.44i)
161,675

lb0,3^2
Bf,680
7,992
77,947

134,300
397.604
125,852
24.440
442.727

1,060,678
247,520
92,281
372.002
92,023
28,426
269.584

3,812,621

1,239,340

8.C59,llt-

2,052,494

19,4»

49,019

8,tli0

8,241

14,016
7,061

53,567
21.119

715

2,800
8,7»J

1,333

4,352

6

22

0»m,fe<uh.
Hair York

Soitoa
PbUsdelphia

UU,4M

Other oos. dlsts.'f
Total, ooro..

.

.

410.1^23

Oorrifmedl. bbU.

UewYork

Boston
PUIadelpbla
Baltimore

8,909

Hew Orleans

7

let mort., 69,1922. M&NillS
Cent. Pk, N, A K, Kiv,- Stk, 145
Consols. 7b, 1902 ..,J&D|115
Dry Dk.E.B.A Bat'y— Stk. 115
lit mort., 7», 1893. .J4D 100

re09.M&N

1st mort., 5s,

Sixth ATe.— Stock
Third Are.— New stock
l8tM,, 58, 1937
JAJ
Twenty-third St,— Stock..
Ist mort. 7s. 1893

150
117
120
101

.

.

111 114
63 65
1

200 ..100 107
130 140
1141116
insllOB
196'

205 212
111 113
250!

,

103 104

United States Sub-Treasury,— The following table show
receipts and payments at the Sub-Treasury in this city, for
sell as the balances in the same, for each day of the week.
Balaneet.

Paj/menl:

Beceipit.

Date.

Ooin

Coin.

Oert't.

Ourremy

Poc. cust. dists.*,,

Other ous. diBts.t.
Yotal, eorn-meal

S.SIS

1,406

1,579

3.283

24,025

82,343

$

Aug.27
2»,714

.

72,89;

tjOatt. bush.

"

"

Mew York

Soston

163,766

87,324

13,«69

6.865

9t!

69

236

138

120
120

4

Philadelphia.

Baltimore
XTewOrleans
Vac. oust, dists.*.

2,0>5

Vthar cas. dlsts.^.
Total, oats
Oatmeal, Us.

owYork

'Boston
JPhUadalphla.
Baltimore
5ew Orleans
,,
Vac. cust, di»ts,*.,
Other cas.diats.t..

l.Olt

360
70,06f

20,731

9,896

308.75^

4,844
l,99z
1.986
1,881

29,300
48H,90u

19,477

66.024

62.740
124
2,000
70,2£0

Bye.buah.

Mewifork
Aoeton
.PhUadelphla
Baltimore
<few Orleans

254
1,863

168,775
99,»in

Total, oatmeal,,..

2

432
2,323
4,070

4.405

"

Sept. 1

"

2

Total

97,749,248
97,762,710
97,782,650
97,824,127
97,807.407
94,973,483

2,713,152
2,556,397
3,935,322
2,013,742
3,805,864
6,169,798

2,441,673
3.349,951
3,312,595
2,167,525
2,258,629
6,140,595

29
30
31

17,370,211
17,599,651
17,820,041
17,830,621
17,951,568
18,086,212

19.670.9681 21,184,275

1.374

—

Among other securities the following, not
regularly dealt in at the Board, were recently sold at auction.
Anctiou Sales

700

By Messrs.

R. V. Harnett

« Co.:
Shares.

Shares.

6

400

67

24,800

1.766

509,490

12,640

841,1(0

21,058

61,624

44,438

25,756

16,830

80 Fourth Nat. Bank
20 1 %
20 Southern Nat. Bank
loo's
20 Connecticut Free Stone
Quarry Co
60

By

Messrs. Adrian H.

MuUer

213ii
20 Bank of America
150 Merchants' Nat Bank... ISO's
133
Ex.
Bank
18 N. Y. Nat.

& Son
Shares.

Shares.

5 Thurber-Whylaud Co. pf. 99'*
500 Security Investment Co.,

69.600

J*ac. cust. dists.'.,

92,477

XHhercus.disu.f.,

40,518

jrotal.rre
Wheat, busk.

73.136
88,322

117,669

20,055,559
20,606,211
19,743,154
19,-44,880
18,193,418
20,873,496

64 9th Ave. KK. Co

134

Bonds.

Cawkee uitv. Kan
$30 lot $10,000 Zane3T. & Ohio Rlv.
$2,000
6 Nat. Bauk of Oommeroe. 198
Ry. lat mort. bonds
200 Augusta & SummerviUe
$150 Georgia Pac, Ry. Co,
AlH
RR, CO
2 per cent
cons, '^il 5s, scrip

181,642

128,631

235,902

176,288

3,431,953
41a,777
433,082
947,764
302,777
844.884
512,474

3,472.265

8,719,788
72,291

4>tl>er oas.di8t8.t...

8,768.860
472,541
504,739
1,138.193
S11.18U
1.022.704
608,950

Votal, wheat

7,828,166

6,885,111

9,418,776

9,671,236

417,092

CAPITAL,

1.897.395

1,320,157
6a9,300
418,955
937,431
10,^^6

ACCOnNTS OF BANKS, BANKHBS AND MERCHANTS SOLICITED.
HBNBT C. TINKER President.
HKNRY QRAVHS, rtoe-Preslden
JAMBS CHRISTIE, Cashier.

4,301.596

low York

Voflton
fkiladelpbla.

wMlmore
Bow Orleans,.....,.
rae. cnst.

dlste.*...

WluatrJIour,

How York

bbU

Boston

Baltimore

New Orleans

.Pac onst. dists.*. .
Other cas.dlsts.f ...
,

.

Vot„wheat-floar.,

376,78«

2ti9.U10

1.481, »50

1,512,517
1,039,991
2,486,353

998.717
2,618,195
491,330

152,622
271,969
19,528
98,791
78,999

1,892,681
94,079

832,519

268,719
115.965
88.897
178,H30
2.044
138,398
53,951

1.227,824

8,806,612

842,404

936,740

198,33.'<

»hUadelphla

80.''.2U

752,91-9

399,l!09

450.346

71:i,3(-4

280,584

_IbtaJs.

'dIowYork
Boston
VtUadelphla.

6,815,449
1,480,566
1,683,486
2,581,484

alMmore

Jbw Orleans
4>tb«r

dists.*
cos.dlsts.t

Grand

6,168,688

986.845

1,'

962.869

total.

14,267,400'

16,379,291

rr^of eiporu from Paoiflo distriots for the month of July, 1892
P°g"' S"""". Washington.

WUui"ur&««'°".'.*-.:;;''-E§S'|n
1

ail^'*
kloaco

•*"*<"*•

Total

I

geuolt. Michigan...!;!;;!

I88«,897
219.828
808,850
97,467
aVk^k
07,648

I

Portland,
i
1

Me

....

Total....

tfi62«3AR

~^^^^^^

YOUNG,

WM. KUNKLE,

H.

0.

J.

A.

HON.

DUMONT CLAllKB,

JNO. H. STARIN.

Capita^
WILLIAM

PAHNESTOCK,
G. A. HO BART.
GARLAND.

No. 191 Broadway.
$1,000,000 Surplas&Profltsi, $1,030,00
P. 8T. JOHN, President.
FRBDBRICK B. SCUBNOK, Cashier.
JAMES V, LOTT, Assistant Cashier.
-

1

I

ACCOUNTS SOIilCITED.

Spencer Trask

115 449

,«_,

^'3s-^'i;i?rS'«"sri"A»orthr«siss!' •»' ""''•

H. P. C.

OF THE CITY OF NEW YORK,

t2,397

6.725
16

Vork.
S.'iOCOOU

THE MERCANTILE NATIONAL BANK

11.807,938

Richmond, Va
Bra»( IB. Texas

New

DIRECTORS.
HENRY C, TINKER,
HBNRY GRAVES,
GKO. F. BAKER,
J. R. MAXWELL,

"o" oU'er oustomi distriots for the month of July, 189'

Mewport News, Ya..
D«lah.Minn„,;

**"
^— Mieblcan
—Baroa,

.
.

I

....

Central BaildinK, 143 Liberty Street.

7v'5,I26

2,726,304
1,142,587
3,468,230
1.091,533

466,a«'J
117,938

*a«. cost,

and jlftttanctal.
LIBERTY NATIONAL BANK,
^ttttMufl

10 Wall

St.,

New

Albany.
Members

BANKERS,
York.
16

&

Co.,

Oon'j;reas St., Ii.>»t)a

ProvtileHce.

uf JNew York and Boston Stook Exeha'ifda.

INVESTMENT SECURITIES.

3

Sei'Tembkr

THE CHRONICLE.

8, 1898.]

'ght gaukjers'

863

The following were the rates of domeitio ezohange on S«w
7ork at the undermentioned oitiea to-day: Savannah, buyiac,
sellini; ^'i^V^ premium; Charletton, buvin< pir, aellf)ar;
ng l-10@i^ premium; New Orleans, bank, |1 00 per 11,000
premium, commercial, 25c. premium 8t. Louis, pir to 3^c.

^a^jcttje.

DITIOBNDS.

;

per f 1,000 discoimt

Bookt Cloud.

!fam» of Company.

Chicago, 70c. per $1,000 diicount.

;

United States Bonds.— Quotations are as follows

(Day inelutift.)

Kallruada.
Atlanta

A

riiar. Air

Mno

Aug. 30 to Bapt.
Sept. 11 to Oot.
Sept. 6 to Sept.
Sopt. 11 to Oot.

A
A

K. III. rrcf...«iniir.)
Clilo
Nortliwi'st. iirff. (qiiar.) .
CI. Clu. ch. Ji .St.. I,.. |iref. (quar.)

Chlo.

.M ,il«»K lf.,B.C.&M
roiiiioslloiii KiviT (quar )

Coii.A
Dvl.

.V IIikI. Ciiiial

I.ittl(<

Miami

Kullnnil

iirpf.

7

Intereit

Aug.

Aug.

Aug.

Aug,

»

Periodi

27.

29.

30.

31.

2

(uew)
to Port. I.')
10 Auk. 31 to Sept. 11
'931
to
•03'
to
1!>
to
21 Sept. 9 to Sept. 2i
l.'i'Sept.

(quar.)

(qiiur.i

Ou sdvauos)

West Jpri<("r.
ChlcaRO Ota.

T

Sent.

'2\i

1

WAM. t^TKEBT, FRIDAY, SBPTE.HBER 3, 189-1-5 P. M.
The MoneT Market and Financlnl Situation.—The cholera
facta and fancies in Europe and in this country have had some
Among other relittle effect upon the markets this week.
is that of causing the sale of stocks here for foreign account, as usually happens whenever there is any prospect of
calamity abroad, since the easiest way of getting a supply of
gold quickly and at least expense is by selling securities in the

sults

New York

market.
The Texas railroad decision and the New Jersey Chancellor's
decision against the Reading combination in New Jersey have
both been obeyed, and as a result of the latter the Central of
New Jersey has gone back to its own managers. The opinion
of Chancellor McGill goes quite fully into the Port Reading
Railroad question, and holds that the lease of the Central
Road to that company with a guarantee of the lease by
the Philadelphia & Heading was in truth a lease t >
the latter company, and that the New Jersey law forbidding leases to foreign corporations cannot be evaded
by a matter of form in organizing a company und< r
the laws of that State to take the lease and hold
The parties interested in the combination have stated,
it.
howevtr, that the breaking of this lease wUl ha^e no effect

on the practical working of the companies in harmony.
In the meantime the Reading system is broadening greatly,
and new routes for its coal have been opened via the Poughkeepsie Bridge, over the Lehigh Valley road to Buffalo
and by the Lake steamers, and over the Harrisburg connection with the Western Maryland and the Balto. & Ohio roads.
The gold situation and the movement in securities are certainly not very satisfactorv at this late date in the season, and
the depressed condition of affairs abroad and our own silver
inflation must be held chiefly responsible for ihU.
The open market rates for call loans during the week on
iStock and bond collaterals have ranged from 2 to 6 per cent,
the average being 3',^ per cent. To-day rates on call were
3 to -t per cent. Commercial paper is quoted at il-i®^i% P- c.
"The Bank of England weekly statement on Thursday showed
an increase in bullion of £1.59,000, and the percentage of reserve to Uabilities was 50-6.5, against 50-19 last week; the discount rate remains unchanged at 2 per cent. The Bank of
France shows a decrease of 3,425,000 francs in gold and
700,000 francs in silver.

The New York Clearing-House banks in their statement of
August 27 showed a decrease in the reserve held of $4,323,70)
and a surplus over the required reserve of |9,887,875, against

2s
Is,
Is,
6b,
6»,
68,
6s,
6a,

-Mob. '100 1*100 '100 •100 'lOO *100
i.-J»n.'115>«*115'«'115>« •iii>**iim^iii\

reg.
reg.

1907
1907

coup.

cur'ov,'95
cur'cy,'96
our'ov,'97
our'or,'98
oiir'ay,'99

—

reg.
reg.
reg.
reg.
reg.

l.-Jan.
J.
J.
J.
J.

A
A
A
Jt
A

J.

J.
J.
J.
J.

"Cbisls tbeprloebld attbe

*U5»a -US'*

•llS'n, •11511 •llS'a

115*1

107 "107 '107 •107 -107 •lO?
lOg'i'lOOia'loO'a! •lOOWi^lOBia •log's
•1121a *112-«*112'a •11211 •112i9''112«t

•115>i*115'a,m5>a •1151a 'US'* *115>t
•118

1^118

•118

1*118

1*118

1*118

morning board; no taU was made.

Coins.—The following are the current quotations in gold for
various coins:

$186 '09190

Sovereigns

3 85

9

3 90

175
25 Pesetas
Span. Doubloons. 15 50
Mex. Doubloons. 16 50
par
Fine gold bars.

'•

185

Napoleons

XXRelohmarks. 1 71 9 1 80

915 70
«15 70

9H

flnesllver bars..
Fivefia.i08

—81

83<49

—90 a —95

Mexican dollars.. — 66
Do unoommoro'l — —

« — 67
9 — —

Peruvian sols

•»

.—60

English silver....

prem. lU.S.tradedoUara

—

180 •
— 70 •

62

4 90

SoTernment Purchases of Silver.-The following shows
amount of silver purchased in September by the Government to date.
the

Oiinets

Ouneei

offered.

purchased.

I,d73,000

815,006 $0-8364
1

7

'«

!i

*IjOoal Duroliasos. ..........

*Total In

*Tbe

montb

Prtce paid.

$

Previously roportocl...
86pteiiiber 2

to date

.

local purobaaes ot

!

1,073,000

(

315,000 $0-8364

« $
-a)

a
a
-9

»

aO'8365
,.
!i
1

1

$0-8365

each week are not reported tUl Monday of

the followluK week.

State and Railroad Bonds.— Sales of State bonds at the
Board have included only |5,O0OJ Tenn. Settle. 33 at 75Ji;
$1,000 Ala. class

A at

101.

Railroad bonds have been more active on some issues, owing
partly to the same causes that have affected the stock market.
On a few popular bonds also the interest fell due September 1,
and after payment the prices declined more than the amount
of the coupon, when tho whole market weakened; among
these were Atchison incomes and Hocking Valley fives. The
Reading preferred income bonds have declined in company
with the stock, in consequence partly of the New Jersey
decision, and also because the July earnings were less favorable than some had expected. The Louisville St. Louis
Texas bonds have sold freely and close at 96%, a new consolidated mortgage having been authorized, the Ontario
Western refunding 4s have sold well and close at 83. Prices
on the general list of bonds that are usually active have not
weakened much in sympathy with stocks, and there is little
doubt that these securities as a class will be fortified by the
decision in the Texas Railroad Commissioners' suits if that
decision is upheld by tbe U. S. Supreme Court. The railroads
having generally promised to pay gold interest on their bonds
would under this interpretation of law be enabled to make
rates which would permit them to earn and pay such interest in case of a silver currency in the future.

&
&

—

Railroad and Miscellaneoas Stocks. Tlie stock market
a shaking up this week, with a sharp decline in some of those specialties that had been most strongly
$12,378,875 the previous week.
pushed upward. There had been reports for several days of
large sales by a lea<Jing operator who has recently figured
1892.
1890
Differtn'tfrom
1891
quite prominently in bulling certain stocks, and then came
A.ug. 27.
Prev. week.
August 29. AugunI 30.
the cholera scare on Wednesday
followed
afternoon,
«
by quite a break in stocks on that day and Thursday, But
Capital
60.422,700
60,772,700 60,812,700 the bear attacks based
on these matters developed rather an
Barplna
67.3il0,,500
64.147,800 5!t,lH7,lOO
Loans and dlsc'ta 490.(ii>7,,700 Der.l, 3S6.600 397,3*7,300 392,516,4 00 inflated condition of the market in some quarters, with apparClroolatlon
a,3S4,,000 Ueo. 112.400
3.652,300 ently slender margins, which were easily exhausted on a
5,103.500
Netdepoelts
517,081,,300 ncc.7, 330,800 403, 103.900 335,11^,5 00 mo<lerate decline in prices.
Today stocks were generally
Specie
81,789,,300 I)ee.4, ,3-29,0001 60.4ilG,900 6l»,5t»5,t:00
I>egal tenders
57,388,,900 luo
1,300 53,121,900[ 26,15.'>,lOO stronger in the morning and a part of Thursday's loss was
recovered, but the strength was not maintained, and Reading
Beaerve held
139,158, 200 Dco.4 ,323,70ol 113.618,800' 95,750,700
stock and bonds were especial Ij weak in the afternoon on the
Legal reserve
129.270, 325 Doo.l ,8a2,700 100,350,9751 06,J87.375
prospect of a war in coal freight rates.
fiorplns reserve.
9.887,875 Dec.2.191.000l 12,767.825 Df.536,675
The industrial stocks fell off easily when the market weakForeign Exchange.— The market for sterling bills has ened, and American Sugar declined to 106i.<, General Electric
to 108»^, National Lead to 3»Js, preferred to 90. American
been decidedly stronger this week, owing to a better demand
and a moderate supply of commercial. Purchases by arbitrage Cotton Oil to 40»,^, Western Union Telegraph to 93?^; New
York & New England, which ha<l been recently one of the
houses against the sale of stocks for foreign account have been
among the influences that strengthened prices. Exports of weakest railroad jtocks, held up better than others, and there
has evidently been good buying of this stock, probably on a
gold (all by to-morrow's steamers) amount to |-J, 600,1)00.
belief that it has gone low enough, though the report of a
Actual rates for exchange are: Bankers' sixty-days sterimg,
Reading combination is denied. The granger stocks are fav4 86?4(^4 87 demand, 4 88@4 m\i cables, 4 88>^.^4 m^.
ored by the wheat yield in Kansas and some other States, but
Pouted rates of leading bankers are as follows:
;

;

Septfmber 2.
•

has bad quite

P.iisel>aQkcri>' sterling bllla

Prime comnterclu
Djoamentarycommf-rclal
PatIs bankers (fr»f, .-,

Amsterdam (ri
Tfankfoito r Ij.,

,

Sixty

on London.

Day:

4 87i«
1 80 94 anH

Dtmatut.

ISO

1 85>4a« 85%
B I'-sAS lti'8 6 \!i't,*6 15
,) bi.iikers...I. ..!....
10>4lll0>i«
101, g» 40ie
»;. {relohmart»)b'aker»
»6'8» 95S
9&1i*9S*l

their prospects for corn traffic out of this year's crop must yet
depend to some extent on the date of the first killing frost.
Colorado Coal has not held it-? pxtreme advance made after

consolidation was agreed to, and the Qjuld Southwestern
roads have also lost something of the rise obtained in the first
flush of th» Texas decision.
I'he Central of New Jertey roaU
has gone back to its own managers, and the stock closes at
136>^, against 135V last week.

.

THE CHRONICLE.

364

NEW YORK STOCK EXCHANGE— ^CriT^ STOCKS

I

SEPTEMBER

for loeek ending

2,

HIGHEST AND LOWBST PBIOE3.
Baturdar,

Monday,

Aug. 27.

Aug. 29.

88^
*4

97

39i«

38>a
*4
97i«

5
97>4

135
*29ia
23>s
•62 ij

*43

145
10114

*60
99>9
8218

*126

58
133

I3514
30>«

lom
62
991a
821s

96''

96''8

30i«

88% 88%
58

58

132%

133''8

30

30

2353

23%

96%

•88

58

132

29%
23%

•62%

43

100% 101% 100%

143

143

•60

62

99% 99%
82'8 83%

143

8lis

8214
52I4
52
120 1211s
661s 661s
9914 9914

•60

99%

82
126% 126

126
127
116%117i4 116%H7

8214
5211
121i»

•4

10058 10158
•60
62
99I4 9914
821s 83ie

126

127

81%

9714

5

•62% 631* •62% 63%
44
*42is 431* •43
>147
'147
151
151

63
45
150

116% 117
52
*120

39

23% 23%

23^

37% 38%

3858
*4

59
134

*29is

Wednesday,
Aug. 31.

5

3914

88% 88%

89k
•58% 59h

-8838

Tuesday,
Aug. 30.

8138

52
120
66

143
82

52%
122
66

115%
5c6a

*138
•140
981s
*12

42
•23^8
*75ia

13d

12
142
115

138

140

140% 140

981*
121s

•99

9914

£9

12

42

'41

12
4318

12
•41

23% 23%

2414

76
135

•7513

134
110

68=8
2518

69

GT'a

25ifl

25%

*21ifl

23
135

135

•22

135

424

1538
•27

153b

75'^
1341s

111
69
251s

23
135

1051s 108i«
16
16
411s

15% 16
39

60%

•10% 12

12
142

•lOis

27H

15
27

611^

601s

-35i«

6118

23%
76
131
'110

141
99
12
43

52

120

2718

32%
249
19

ll's

111

68% 685^
25% 25%

142
141

99%
12
43

43

'110

111

67% 68%
25% 25%

•21% 23
•21% 23
135% 131% 135

135

107

109

•16

18

42% 4338
14% 14%
27% 27%
6038

61

26% 27% 2658 27%
64I4 651a
67 In
335„
33% 35
32'e 34
io2
219 251
249 252
18''8 19
19
19
1918
15%

15% 15%

6714

67

12

11% 11%

20%

20% 20%

107
17

43%

107
17
4138

•15

15%
25% 27%

59%

CO'^e

•35% 39

86 90
1H%112
17% 17%

•72
•35

26%
•64

80
39
26''b

65

34% 35%
18% 19
15%
60% 66%

•llifl

67
12

1514
6714
•11

'42%

43111

*20ia

2U4

•42% 43% •42% 43% •42% 43%

67

2034
55^8
•2II4
•29
•75

55% 56

*21i4

22
*29
32
7714 771s

•23
1858
5738
•21

*63
*37i«
H5r

37
-70

mils

IHSr

1713
5611
'il

bS
22 Si
65

63

56 14
22
32
80
25
57 Tg

22%
13

'37% 40

40

8%

9
37

8%
41

7214

113

65=8

67

66

21% 21%

14'8

•11

12

20% 20%
55
65%
21

21

75

32
78

•29
•75

32
78

'17
5638
•21
'63

18

17

57=8

•29

23% 23%

•37

18

56% 57%
22% -21
22%

68

•37% 40

8%

4%

79''8

80%

48% 60

118%

118

62% 64

30% 32%
71
132

74
132

153% 155%
48

4%

•30
•10

48%

4%

133

38
11
112

138

142

98% 99
11
•39

11

42%
23% 23% 22
23%
74% 75% 72
7
73%
134% 133 1S3% 130% 133

2V38

15% 15%

•99

37''e

2114

•35%
39
39
85 90 '351s
•85
•83% 90
112
112% 112 1121a 112% 112%
•I7I4 I9IH
17I4 I714 17% 19
*72
•72
80
•72
80
*35ifl 39
•35
39
•351s
*66

•10% 12

'138
'140

36%

9

41

•63

65

•37% 40

8% 858
39% 40

70% 72%

70% 72%

26%

2558

109

109

66% 67%
20% 25
21% 21%
132%
104% 105
128
•:6

18
42

42

14% 15%
25% 25%
57=6

sa'i

28
47

109% 111%
17

1759

34

80
35

72

25% 26%
62% 63%
33% 34%
249
18

252

13%

18'
14''8

63

66

•11
4158

42

12

19% 20%
54% 55%
•20% 21%
2878

20

28''8

23%

17

17

55%

56''6

•21

22%

63

63

•37% 40

8%

•37

38%
19

27 14

3S)l8

3858
•1814
11

19

*11
*25

11%

28 14 2838

70%

70
45

4538

82%

19
11

70
70
•16% 17%

17

•81

39%

25% 25%
28% 28%

25''»

*ld

27%
50
83

1

45% 45%
81
81%

111

1125H 11138 112%
IO3I4 104%| 104 104%
8258 83
8258 03%
37% 38
3758 38%
117% 11838 11838 118'8
48% 49
48=8 4878

115%116i4 115%

130%
121

121% 120% 121%

44% 45
97

43% 44%
95% 9638
135g 13%

98

3% 13%

*

33

25
33

•n97

199

20

97% 98%
•

24

29% 32%
54% 6538
197% 197%
83
83%

831a 8i38
*31
35%
*.....• 100

^

lltfi4

13078 13l3e

130°e

35
<

'

9758

35
100

38=8
19
11

28
65
85

3878

19
11

25% 25%

27
55

8%
41

38%
•18% 19%
3758
11
2438

11

25

28% 27% 27%
69% 70
67^8 69%
16% 16% 16
17
28

45
80

2478
•47

25%

"3678

377,

16%
10%
23%
26%
67%

10%
24%
27%

85

455e

43%

81

7968

•16

55
85
17

68
17

40% 42%
81% 77
79
Ill's 11258 112% 114% 106% 111%
105% 105% 104% 105% 102% 104
82% 83
8158 8278
80% 81%
3758 39%
3838 39%
36
38
llS's 11939 116% 117% 115 116
4838 4878
47% 4858 47
47%
116% 116% 112% 115% 108% 13%
ISO's 131% 129% 131% 127% 129%
120% 120% 119% 121
114 119
4338 44%
42% 44%
95% 96
94
95% 90
91%
13% 13% 13
13% 12% 13
'20
'20
24
20 23%
24
30% 81% 31% 32% 30
31%
54% 55% 55
5559
197 199
196 196
192 194
83% 83% •33% 83% 83
83%
34% 34^ 34% 34% 33% 34
100
ICO
"97% 98%, 96% 9778 93% 100
96%|
45=8

98%|

5

Atlantic

&

Lowest.

89
57

4
85

1892,

Highest

32% May

76,11';

Pacific

95% Baltimore & Ohio

1,

of sales in 1892,

21
Apr. 21

46>8 Jan.
578 Jan.

4
S

101% Mar. 12
200 86% Mar. 22 94% Jan. 18

3,405

Canadian Pacific
Canada Southern

Sept.

1

5,565 56 July 6 64% Mar. 6
8,050 111% Jan. 19 145 Feb. 29
270 28 Sept. 2 35 Jan. *
Chesapeake & O., vot. tr. cert.
6,335 22 May 20 28 Jan. 14
63
Do
do
l8t pref
59 Jan. 9 64% Jan. 18
44
Do
do
2d pref
38% Jan. 9 44% Jan. 21
CMcago&Alton
100 139 Feb. 4 154 July 28
9978 Chicago Burlington A Quincy. 72,005 9658 June 10 11058 Jan. 28
6 1 % Chicago & Eastern Illinois.
60 Aug. 8 70 Jan. a
98%
Do
1,260 97% Sept. 1 104 Feb. 11
pref.
81% Chicago Milwaukee* St. Paul. 131,465 7558 Apr. 2 8458 Aug. 1
125
1,495 120% Jan. 19 12878 Mar. 5
Do
pref.
115% Chicago & Northwestern
12,995 114 Sept. 1 12178 Mar. 5
70 141% Jan. 12 147% May 27
Do
pref.
80% 81 ChicagoRocklsland&Paciflc. 40.551 75% June 8 94% Jan. 7
43 % 50 Chicago St. Paul Minn. & Om. 15,635 44 Jan. 19 5458 Aug. 5
118 118
650 108% Jan. 20 123% June 3
Do
pref.
63
63% Cleve.CincIn. Chio.&St. L...
9,230 62% Sept. 1 75 Jan. 7
10 95 Jan. j5 99% Aug. 15
Do
pref.
31
31% Colnmhus Hocking Val.&Tol.
6,815 29% Jan. 19 40 May 13
74% 74%
400 66 Jan. C 80% June 2
Db
prof.
129 131% Delaware* Hudson
3 248 12278 Jan. 8 149% Apr. 7
15178 155
DelawareLackawanna&West 15,700 138% Jan. 19 167% Feb. 29
•15% 16% Denver* Rio Grande
100 16 Aug 27 19% Jan. 2
48
48
Do
1,396 45 Jan. 8 54
Mar. 9
pref.
•I
5 EastTennessee Va. &Ga
207
9% Jan. 7
4 June 23
•30
36
Do
Istpref
30% June 21 51% Jan. 11
"58 June 22 20
8
10
Do
59
Feb. 29
2d pref.
Evansvllle ATerre Haute
xl 19% Jan. 15 145 Julv 22
'U-8
142 Great Northern, pref,
119 Jan. 22 144 Aug. 11
99% 99%IUlnoisCentral
296 98% Sept. 1 HO Jan. 5
10% 11 Iowa Central
1,380
978Julv 19 15% Jan. 4
40
40
230 39 May 23 56% Feb. 13
Do
pref.
22
22% Lake Erie* Western
1,925 20% Jan. 19 27% Apr. 18
74% 74%
Do
1,160 69% Jan. 3 80 Apr. 18
pref.
131% 132 LakeShore A Mich. Southern 10,263 120 Jan. 19 110% Mar. 5
10s% 109% Long Island
100 95 Jan. 18 112 June 17
60
67% Louisville & Nashville
46,780 66 Sept. 2 84% Jan. 2
22% 24 Louisv. New Alb. & Chicago.
5,570 20% Sept. 1 31 Jan. 7
•21
21 Mar. 18
23 Louisville St. Louis & Texas
100 14% Jan.
129 131% Mauhattan Elavated.consol.. 16,300 104 Jan.
139 Aug. 19
103 105% Michigan CenlJ^
615 104 Jan 20 117 Mar. 5
*15% 17 Minneapolis iSflK. Louis
870
Feb. 23 21% Aug. 10
8
'41% 43
Do
3,350 18 Mar. 6 48% Aug. 10
pref.
•14% 15 Missouri Kansas & Texas
360 14 June 6 20% Jan. 13
23% 25%
1,575 24 June 6 33% Jan. 13
Do
pref
58% 59% Missouri Pacific
28.872 54%Juue 7 65% Jan. 4
36% 37 Mobile AOhlo
600 34% Jan. 27 42% Jan. 2
•35
90 Nashv.Chattanooga&St.Louis
83
Mar. 2V 91 June 21
109% 110% New York Central* Hudson.
7,686 109% July 11 119% Mar. 5
17% 17% New York Chic. * St. Louis
720 15% July 7 22% Jan. S
•72
80
Do
72 May 10 31% Jan. 4
Istpref
-33
36
300 33% July 6 45 Jan. 4
Do
2d pref.
25% 26% New York Lake Erie *West'n 60,525 25% June 8 34% Jan. 2
63% 63%
Do
2,390 62% Sept. 1 77% Mar. 5
pref.
3378 35% New York* New England... 84,9o7 3078 Aug. 24 39 Mar. 3
New York New Hav. & Hart.
224 Jan. 15 252 June 2
18% 18% New York Ontario * Western 8,050 18 June 6 23% Feb. 11
14
14%New York Susquehan.* West. 4,993 10% Jan. 4 16% Aug. 25
64
64
Do
2,900 41% Jan. 2 69% Aug. 23
pref.
11
11
Norfolk * Western
400 10% July 5 18 Jan. 4
41
41
Do
100 41 Sept. 2 56 Jan. 4
pref.
19% 20 Northern Pacific
1,965 18% May 14 26% Jan. 2
54% 55%
2
Do
pref. 23,500 51% Ma, 24 72% Jan.
•20% 21% Ohio * Mississippi
200 20%M.v 17 24 Jan. 5
•28
32 Ohio Southern
100 19 Jan. 12 37% Mar. 23
73 80 Oregon R'y & Navigation Co.
70 July 13 91% Jan. 28
'
•20
33% Jan. 4
23% Oregon 8h. Lin»&Utah North
1
200 22 Jnly
•16% 17% Peoria Deca'ur & Evansville.
820 16% July 6 227e Jan. 4
5378 56% Philadelphia * Reading
388,722 38 Jan. 19 65 Feb. 11
'20
23 May 5 305e Jan. 5
22% Pittsburg Cinu. Chic. & St. L.
'"530 58% July 7 67% Jan. 5
60% 61%
Do
pref.
37% 37% Pitts. * West., pref. tr. certs.
100 37% Sept 2 45% Apr. 29
8% 9 Rlohnjond & West Point Ter'l 11,875 6% June 2/ 17% Feb. 12
•37
41
Do
300 37 Aug. 27 79 Feb. 16
pref.
Rio Grande Western
36 Juue 29 41 Jan. 5
68 Feb. 26 74 Mar. 11
Do
pref.
111 113 Rome Watertown *Ogdensb.
110 Jan. 19 113% June 30
•8
Louis
8% St.
Southwestern
700
6% July 14 11% Jan. 2
16% 17
Do
1.576 14 July 14 22% Jan. 2
pref.
•43
45 St. Paul & Duluth
300 39% July 6 4878 Jan. 7
103 105%
Do
103 Jan. 19 107% Way 26
pref.
113% 114 St. Paul Minn. 4 Manitoba...
1,425 112 Feb. 25 116% Jan. 4
6
35% 35% Southern Pacific Co
Sept. _ 41% Jan.
2,3001 35
2,860l
9% 10 Texas* Pacific
July 1 1458 Jan. 4
•24% 25% Toledo Ann Arbor &N. Mich.
Apr. 1 29% Aug. 23
1,700, 23
55 Toledo * Ohio Central
Jan. 28 52% Feb. 13
100, 46
85
Do
81 Aug. 17 88 Feb. 11
pref
37% 3778 Union Pacific
24,633 36% July 12 50% Jan.
17% 17% lUnion Pacific Denver * Gulf
760 1578 July 11 25 Jan.
10% 10%| Wabash
1,141 10 Juue 8 15% Jan.
Do
23% 24%|
7,845 22% Juue 8 33% Jan
pref.
25% 26%,WheeUng&Lake Erie
3,850 25% Sept. 2 40% Jan.
65% 67%
Do
2,230 65% Sept. 2 80% Jan.
pref.
16
16 Wisconsin Central Co
200 15% May 20 21% Jan.

130% Central
28
23

of

New Jersey

Central Pacific

. .

,

.

I

.

iniscellaneons Stocks^

I

41% 42% American Cotton Oil Co
78
Do
78%
pref.
109% Am. Sugar Ref.Co
102% 103%
Do
60% 8158 Chicago Gas Co., trust

108

36% 37%|Colorado

115
47

117%

pret.
rec't9.

Coal & Iron
Consolidated Ga« Co

48%!Dlstillliig & Cattle Feed'gCo.
109'8 111%, General Electric Co

129% 152 National Cordage Co
116 118%
s)o
39% 41 National Lead Co

90% 92%l
1273

•19

13
23

30% 30'8
53% 55%
193

83%
-.33

,

Xbese are Uu> prices bid and aekii; ao sale nale.

Week,
Shares.

Active RR. Stocks.
37% Atchison Top. & Santa Fe

JAX

Range

,

90

914

28
47
BO

•4

since

Vol. LV.

,

35% 36
•85

111% 113
111% 113 •111% 113
111
113
9I4
•8%
8% 8%
8% 838
8
8
18=8 18-V •18
18% 17% 17% 18
18% 16% 1678
43 45 •40% 43
42
43% •43
45
103 106
103 106
103 106
'103
105
*115l3 116
II5I4 II514 114% 114% 113% 114% 113% 113%
86 14 30ia 36% 36% 36
36% 35% 35% 33
35%
III4
*ll
11
9'8 1008
11
9% 10%
878
9%
914

3658

95=8
96
•67%
•87% 89
89
56%
6838
56% 58
132% 130 131% 126%
29% 29% 30% 28
22
23% 22%
23''s
62
'62
62
63
42 44 12
45
148 148
98% 100% 99 %
101
•60
-60
62
98%
99% 97% 98
82
80%
H3% 80
125
124% 125
126
llb'e 114 115% 114%

«5»8 66
64% 65%
•98
99
3416 3418
32% 33% 32% 32\ 3233 331s
*76is ''71*
78
76
76
761s 76i« •76
*137i4l38i4 1361s 1301s 137 137
'136% 138
157 157»i. 157 158
156% 157% 155% 156%
•16
'16
16
16
17
17
•49
49>4 4914
50
50
48% 48% 50
»4i
*4ia
5
4% 4% •4% 5
5
*33
•33
•33
•33
36
36
36
36
'lOis

1.

95

96''8

STOCKS.

Frlilay,
Sejit. 2.

Sept.

•4%

5

80% 81%
120

Thursday,

and

Bales
of the

I

94

194

Do

met.
pref.

North American Co
Oregon Improyement Co
Pacilio Mail
Pipe Lino Certificates^

Pullman Palace Car Co

i

I

19,941
6,3o0
221,319
P.OIO
31.201
20,830
9,256
13,382
28.846
26,320
4,«44
41.276
13,307
4,690

'Fr:c9' 'ro-n !)o|i Eicban^es.

i

S*

OirtdenO."

102

Jan.

Juue

29% Aug.
51% July

1,397 184

Jan.

82% Aug.
31% July
92
»2

21
31

7 119% Aug. 19
7 132
Sept. 2

4 123%
3058 Mar. 241 46%
81
Mar. 24 995e
11% May 18' 1878

100

18
18
25
19

Jan. 13|119% Aug. 30
Mar. 9 67% Jan. 7

44%
104% July
91% Mar.

19
lo'ise
288,000

8358 Silver Bullion Certificates.... 197,000
Tennessee Coal & Iron
1,300
Do
pref.
95% Western TTnton Ti'lflerapfi.
45'i20

33
100

32% Jan. 19 4778 Aug.
63% Jan. 191 8378 Aug.
78% Jan. 19:115% Aug.
90 Jan. 19 107% Aug.
71% Jan. 2, 8358 Aug.
28% May 24l 39% Aug.

Aug.
Aug.
Aug.
Jan.
14' 295HJan.
29 40% Jan.
9 64% Jan.
4 200% M.ay
12 93% Jan.
111

17

23
22
4

4
4

13
11

4
50%Mivr. 10

Apr. 21
Feb. 23 103
.Tnn. Ifl loo's Auff 18

—
September

.

1

THE CHRONICLE.

1893.]

8,

Sept. 2.

I

Range

(§ate$)

in 1891.

Ask.

Bid.

H Indicates unlisted.

Railroad Stork*.
Albany A Miirtiiuohftunft
Atlnata & ClunlolU- Air Lit

100
100 65
100 111
100
AN.Y.AIrWnepref....
Boston
100 81
Brooklyn KleTiitodT
100 30
BnOTAlo Rochester dk Pitts
100
Preferred
100
Nor
Kanlds
A
Burl. Cedar
100
OedarFallsiSc Mlnuoxota
50 tl55
PlttHbiirK
Cleveland &
100
Oolombla * (Ireeuvllle pf
100
7
Dodge
Dm Moines & Fort
100 20
Preferred
12\
100
Atlan.H
Dalnth 8. Bbore &
100 1 31
Preferr.dll
100
Flint & ivre Marqaette
100
PreftTifil
4>«
100
eeorula I'aclflcH
Green Bay Win.&St. P.tr.roct.lOO :
100
3
BonHton * Texas Central
100
Illinois CiMitral leased lines
18
100 1
Kanawha A Mkhlean
100
Keokuk A Dos Moines
14
100
Prcferr(<il
Loulsv. Evans. & St. Lo., cons. 100
100
Preferred
50 87
Hahonini; Coal
50 103
Preferred
25
MemphU A Charlestijn
100
Mexican National
50
Morris & Kasex
100
H. Y. Lack. & Western
100 17
B. Y. & Northern pref
55
100
Norfolk A- Southern
10
100
Peoria A Kastcrn
Pitts. Ft. Wayne A Chicago.... lOO
100 176
Rensselaor A Saratoga
100
Klohmoud Term.tr rects
lOfl
Do
p ref.,tr. recta

*

Hontli.

1 11.

pref

. .

•

No

34

160

Feb.

165

rob.

125
100
31

Jan.

130
102

Jan.
Jan.
Jan.

May

314 Mar.

Joseph A Grand Island
Louis Alton A T. II

Bt.

li.

20
61
12
180

15

5 Jan.
Aug.
113»9 July
26 Jin.

May

50ie May
59
8
June 15%
152>s Feb. 155
164 Jan, 179
6>8 June
11
40>« June 59%

& San

Aug.
Jan.
Apr.

Aug.
Apr.
Apr.

Range

Hept. 2.

Aik.

pref
Fran. Ist pref

9
32
128
75

SECURITIES.
Class B, 5s
Class C, 4s

Funding act

New York
87, 1893,

13

as follows.

We omit

Capital. Suri»l«».

lOOl omitttd.)

Bank

New

•
York...

•

Merchants' Exchange
OaliatiD National
Batchers' A Drovers'.
Meohaulcs' A Traders

a.ooo.o
2.050.0
2,000,0
8,000.0
8,000,0
1,000,0
1,000,0
760,0
300,0
600,0
1,000,0
300,0
400,0

Lsatnel Manntact'rs.
National

200,0
600,0
300,0

of

jr»nliattau

Co

Merchants'
Mechanics'
America.
Pbeoix.
City
Tradesmen's

tidvtiuth
Bute of

New York
American ICxchauge..

Cammerce
Broadway
Mercantile
Pacino
ItepnbUc

1,200.0
6,000.0
6,000,0
1,000.0
1,000,0
422,7
1,600,0

450,0
200,0
700,0

Peoples'
liibUOTer

Icvmg
Nassan
Market
Shoe

Com

.....

................

A

Fnlton

A

Leather
Excliange

Continental
Oriental
Importers' A Traders'

Park

1,000,0
600,0
600.0
800.0
760.0
600.0
600.0
1,000.0
1,000.0
300.0
1,600.0
•/.OOO.O

First Natlonal.B'klyn

260.0
3,200,0
2,000,0
300,0
750,0
600,0
1,000,0
300,0
860.0
200.0
750,0
600,0
100,0
200,0
200,0
600,0
800.0
300,0
200,0
800,0
300.0
600.0
200,0
2,100.0
300,0

Uoathem National ....

1,000,0

Fourth National
Central National
S)00ud National
Ninth National
First National
Third National

N. Y. Nat'l Exchange

New

Yoik County

GermaD-Araorican....
Chase National
Fifth Avenue
German Exchange....

Oermania

.............

Lincoln
Oajfield
Fifth National
B ink of the Metrop...
WostSldt)

Seaboard
Sixth National
western National

Tntal

I

Bank Statement

BA»liS.

«0

4'2'

Lcam.
t

2,'i4»,9

2(.>.419.4

SmcM.
S
1,910.0
1.885.0
1,693.6
1.157.0
2,858.0
660.0
2,011.2

437,7

5.320,0

2,60S,4

13.4 64.0

li.S,5

8,392,8

2.795.a
26,301,9
4,099.2
5,737.9
1,834.7
2,430,0
1,176,3
3,560,
1.700,2
3,318.5
18.128,0
20.879.3

l,6'i9,e

6,100,-,!

860,'/

1,013.0
437.4
841,1

9.137,0
2,992,5
14,263,2
6,138,6
2,490.8
6.661,2
1«,738.8
3.330,0
3.008,2
2,819,8
4,599,3
2,010,0
2,908.0
8,103.8
5,174,7

1,219,8
170,2

2,-.i03,B

863.8
326,4
605,4
1,773,0
315,0
440,3
260,6
788.0
130,2
248,0
1,295,1
•^71,0

428.2
6,405,0
3.933.3
13B,6
1,795.6
61B,6
440, '2
195,5
7,147,3
82,3

164,8
631,5
653,6
397,4
1,058,1

898,5
658,3
620,2
610,3
407,0
450.6
286.0
682,7
369,6
201.2
847.7
222,3
793,5
130,2

•2,125,5

24.682,0
2S,5J6,7
1,199,3

21.848,0
9,971,0
6,123,0
3,369,3
27,642,9
6,457,8
1,840,0
3.832,0
3,'2tt8,l

3,017,4
16,079,8
6,336.6
3,890,6
3,013,9
8,134,9
6,146,0
4,1".'5,6

B«pt.
Feb.
33>* Feb.

8<< Jan.

150 >4 July
49><Jiil7

Coif

123
88
101

Aug.

104

Aug.

,

'

July
July
14<« Feb.

931* Jun*

June
103% July
114

18>4 Jan.

160
29
104
25

July

June
Aag.
Aug.

e6>4 Aug.
25 Feb.

27
82

Mar.
Jan.

3579 June
46>a Feb.

12 Aug.
45 <• Jan.
300 >« Aug.
118 Jan.

87^ Aug.

4% June

22>4 Jan.
151* Mar.
60>4 July

May

147

Unu.
t
1.710.0
893,0

421,2
699,0
3,766,3

722,0

6.1)83.9

431.7
979,1
280,7
175,0

919,5
680,5
23j,4
415,0

OtroHU.
t
12,940,0
13 978,0
8,460 1
7,126,0
23,071.6
5,327.0
15,456,1
3,036 9
38.922 2
4,9J8,2
5,241,7
l,93i,5
2,460,0

183,1

109,1

1,1 '24,8

654,8
455,7
224,8

442,2
83,3
442,4

1,908,0
1,776.1

2,600,0
2,120,7
491,7
1,418.5

3.344,9
1,818,7
2,582,8
15,757,0
15,383,7
5,382,2
9,888.3
3,130,8
16.236.6
6,597,8
8,:0B,8
6,593,2
20,097,8
3,318,0
3,990,7
3,087.0

488,5

i,r8;,-,!

2.179.1

1,023,3
133,4
474,7
5,018.3

817,5
390.H
808.7
1,647,4
403,0
185,7
459,8
1,090,3
407,0
672,0
294,0
297,8
334,8
l'*^^'S
3,219,6
168,4
1,210,0

369,8
487,7
S8J,3
681,3
74,0
425,0
1,397,6
1,265,7
154,9
4.869,1.

6,298,6
157.^
4.6'2i.9

1,227,'.'

1,064,0
610,0
513,9
1,967,8
1.010.8
317,1
165,0
118.2
198.6
1,781,3
291,1

180,^

629,0

418,6

574.7
1,879,3
496,6
386,8
168.9
665,4
188,1
392,(
183,1
3,985,4
279,1
285,8

2,275,0
1,084,0
470.6
4,748,0
635,4
65.7
657.0
725,0
494,e
3,400,^

l,665,f
1,665,1
1,084,6
407,1
l,002,<;

2,',ii33,»

448,t

4,709.0
1.717,0
12.856,6

908,1

4,993,1'

eil3,>

i,ia3,3

102,t

2'i6,l

603,0

5,'271,8

2,105.0
3,677,0
7,624.2
8,096,7
1,977,0
24,806,0
34,132,0
1,054.8
22,7i>85
11,897,0
6,140,0
4,110,7

JAJJ
1900
1892-1898

City,

BjLHKS.

Oapilal iX|
5urptu<.

Loam,

$

$

I

s
1

64,642 ,9 18?, 813,7 10.891.9

'20 ...

64,84'2,

"

27...

84,642, 9 185

*

•

I

639, 104,1 '4,4<8,,5
528.482.3 5.3-8 5
525.231.4 5,1(9 3
524.412,1 o,l<;6, 4

M;.081,3

5,354,

532.948,9

607 351.8
518 079 3
581,283.U
535.537,9

88,833,5

,63?,8 147,396.6 4.733, 5'
,089.0 146,417.0 4,839, O
^9i.O IU,831,0 4,9;9,

9 168, 21B,n 10.284,0
933 9 10,301

••

83 741.4
74,953,9

Pfalla.-

Aug. 13....
•
20 ...
••
27 ...

38,566,0
38.294,0
38.251,0

86,793, 7 103,207,0

35,793 ,7 109,078,0
35,793 7 109,441,0

• XVe

omit two ciphers in all these fl^uret,
A alDbla. the item " due to other banks."

113.203.0'3,53'3,0

67,711,4

119,430,0 3,538,0
119,895,0 3,532,0

63,1'29,4
6».ljtf.9

t Inoladlag, for Boston and Phi a'

Miscellaneous and Unlisted Bonds.—Stock Ex. prices.
Miscellaneous Bonds.

miscellaneous Bonils,
Pe tple'a uas A c. { l>it g. 6s.

Amer, Water Works— 1st, 63.
Ist cons. 5s, g
Cahaba Coal Mm. — 1st g. 7s..

Co., Chicago.... S2il g-

—

Kili3on Elec.

111.

Co.

— 63 g..

Northwestern Telegraph— 78

Feoria Water Co.— 6 s g
NuT£.— "6" ladicates orice bid

BANKS.

Bid.

—

List

159

Columbia

270
190

Oontiuental
Corn Eioh... 250
Uejtosil
112
East itiver.. 145
llth Ward...
fifth Aye
fifth
First
First N., 8. 1.
Itth Street..

PonrUi.

199

183
2 06

116

20u0
320 333
2500
110
170
200

Bid.

ASK.

...........

67

h.

11

b.

373

Hanoyer
.440
Hud. Klver.. 146
Im.

A Trad's'

410

Irying........ 180

Metropolis... 40U
Mt. Morris .. 280
Murray HUl.;3uO

biauaii

1"15

...«
140

Ninth
'115
19th Ward.. 170

..M.*

N. Amsrioa..il63
Oriental
230
Paoiflc
IBU

r^

......

Park

People's.

235
190
200
233
lieroantlle... 22U
162
(Merchants'..
Merch'ts Kx. 129" 185
Metropolitan ...... 12
1

Ask.

240

N. Y.Nat. JBx.t 125

200

Leather Mts' 240
'410
Lincoln
Manhattan... 187
MarketA Fnl 325
iMechanios*.. 185
iM'ohs'ATrs'. 180

BANKS. Bta.
New York... 233~
N.Y. Co«nty.i620

400

Germaula.... 330
Qreenwloh... 180

165

18 b.
loU b.

A Charleston—Con.7 g.

.110

German Am. r2o
German Ex. 330

137

b.
b.
b.

:

Gallatin
Qartlold

450
OUatham
400
Chemical.... 4400 4800
Ully
438 500

a.

90

95 b.
* I>aieat prico thia week.
"a" orice asked.
Latest prices of baak stocks this week.

BANKS.

Ask.
218
181
315
282
194

Chase

CItliens'

Income 6s

Mem.

82
100
ll»

Conistook Tuune'- Inc. 4s...
aeorgla Pacitto l.t6sg
2d murt. incuiue .........
COU30I.5 e

National S'.arch Mrg.-l3t,63.

Bank Stock

98>iiD.

116>ia.

Unlisted Bonds.

— 1st 5s.

I'eleg.

99 b
1053.b.

A Vlck3.—Couaol. 3s, g
Vlck3. A Morld., l3t 63...,
Atlanta A Churl.— Ist 7s

—

a.

101 "sb;

Ala.

EqultaOleU. A F.— Ist 6.1
Iltuderaon Bridge 1st g. 6s.
Hottoken Laud A Imp.— g.53.

Mutual Uuiuu

I'i7

«9.

Pleas. Valley Coal-lst g. 6s.

Proctor A Oamhla— lst,g.,6a.
Security Cor. l3t coa.,g.,.ua..
Western Union Teleg'S— 7s..
Wheel. UE.Ae.C.ial- l3t,g.5s

Ch. Jun. & S.Yd.s.— Col.t.g.,5s
Coloiado Fuel Gen. 6a
.
Col. A Hock. Coal A I.— 63, g.
Consol'u Coal— Convert. 6s..
Cons.Ga3Co..Chic.— lstgu.58
Deuv.C. Wat. Wks.— Qen.g.Ss

Central

57.3«s.r S17 081.3

8

>

C^oalt. \Dipo$U$.i\Oirf.Tn Otearint*,

Specie.

July 30.... 127,812, 4^484, 933,3 91,711,7161, 793.8
Aug. 6
127.812, 4,488, 777,1 90,335,9i6o,.278,1
"
13 ... 127.81,3, 2 JSU. 771,7 87,773,:-) 5B,,30S),0
"
20 ... 127,813, 2ll92 0S1,:( 83,094,3 57, 3,57,4
'•
27.... 127,813 2,190, 687,7 81,769,3
3«,9

BoHCon.*
Aug. 13 ...

6

Boston and Philadelphia Banks:

N. Vorh.*

3,583,'.'

6,421,0
1,680,0
11.044,2
5,164,0
1,631,0

69, consolidated, 2d series, rects.
63. deferred, t'st rec'ts. etaipped

21a

New York

.1......

1912
1913
1913
1913

Comjromi.se, 3-4-5-68
settlement, 6s
6s
38
Virginia— 68, old
69, consolidated bonds

New

5,902,4
1,804,6
2,970,0

3,8St,l
18,313,9
5,883,0
3.306,3
3,730,1
10,6"3,a
6,502,6
5,025,4
2,017,0
6,707,1

Bid.

8.0. (oont.)— Brown consol. 68.1893
1892-1898
Tennessee—6b, old

A,menca
212
Am. £xoh... 158
Bowery
309
Broadway...
Butohs'AUr. 184

27 08,1,8

2.

SECURITIES.

Ask,

Bid.
1893'

all cases.

3,183,0
342,8
2,399,0

415.8

1,869,8
4,804,3

1 B7.3B0.S «^0 M"? 7

RR

AJ

week ending Aug.

two ciphers(00) in

13.170,0
13,941,0
8,372.1
8,703,0

167,3
1,600.7
2PB.4
428.4
166,3
576,0
70,5
484,0

liar.

4HJaD.

.

Special tax. Class 1
ConaoUdated 48
1910
63
1919
Rhode Island—6s, cou.. 1893-1894
South Carolina- Cs. non-fuud.iass'

for the

1,904.2
1.713.5
013.6
1.915.6

8,»81,7

bonds. J.

Chatham

^18a4-^895

City

New

96

92»8

„..,

32
26

150 I43i<Apr.
49
50'a 43 Feb.
100 120 125 116 Feb.
100 85
87
80 Jan.
Am. Telegraph A Cable
American Tiihacco Co., pref. ..100 1 99
96 Jan.
lOOi
7'8July
Brunswick Company
101
72 Apr.
Cblo. Juno. Ry. A Stock Yards. 100 aoo
100
80>4 Jan.
Preferred
94*4 Jan.
100 tU3>«
CItliens' Gas of Brooklyn
Colorado rticl prof
1001 101
102
99 Aug.
Columliu.1 A Hocking Coal
100
12 May
Commercial Cable
100 156 162 148 Jan.
100 28
30
26 Feb.
Consol. Coal of Maryland
101
Edison Eleotrlo Ilium
79% May
100.
100 22'4
I714 Apr.
LaoIedeGas
57 "» Mar.
Do
65
pref
lOOl 60
20
Lehigh AWilkcs. CoalU
25
19% June
Maryland Coal
23
25
23 July
100;
Minnesota Iron
100 73
73 Sept.
National Unseed Oil Co
100 3219 33 >s 27 Jan.
32i« May
National Starch Mfg. Co
100
New Central Co.al
100
lO"* 12>s 10
May
37i« Apr.
Ontario Silver Mining
100 33
41
Pennsylvania Coal
50 230
275 Feb.
100 111
114 Feb.
P. Lorlllarrt Co. pref
Postal Telegraph— CableU
85
89
37 Jaa.
3>< Mar.
Quicksilver Mining
3>»
100
4
21
16 Mar.
Preferred
100 17
12 July
Texas Pacific Land Trust
100
60
44 Apr.
100 56
U. 8. Express
Wells, Fargo Express
100 143 147 140 Jan.

SECURITIES.

Ask.

102>* New York— 6s, loan
105>s North Carolina—6s, old

Currency fnndlne48
Arkansas— 6e,fuud.Hol.l899-1900
do. Non-Holford
7s, Arkansas Central RR
.....1914 100
Louisiana— 7s, cons

Stamped 4s
MisgQuri-Fund

79

week

Bid.

1906
1906
1906
1920

July
Mar.

85% May

NEW ¥OKK STOCK EXCHANWE PRICES.—STUT^E BONDS SEPTEMBER.
iLlahama— Class A, 4 to 5

Mighett.

Jan.
1014 July
July
40 Apr.
Mar. 151 JaiM

17% Jan.

1

niaeellaneona Stock*.
Adams Express
100 146

American Bank Note
American Express

in 1892.

{$tUei\

Itoweel.

100
35
100
83
100 150 160
100 74 >«
2>«
3>«
100
100
19
100

South Carolina
Toledo Peoria & Western
Toledo Bt. Louis A K. CltylT
Vir^nla Midland

155

143>e Jan.
107% Apr.

Indieatet actual »alM.)

Bid.

nnllsted.

St.
St.

Jan.
32
41
35>« Mar.
44% May
86
78 \ Feb.
88% June
36 Jan.
52 >« Aug.
77g Jan.
7'e Jan.
150 Jan. 156 June
25it Mar
26>a May
g
6 July
llHiAug.
30
14 Auk. 25 Aug.
13>«
14>8 Aug.
6 Mar.
Feb.
35'« Juue
SI'S 14
28'«
July
Apr.
10>i
80 Mar. 87 Mar.
7
7 Jan.
7 Jan.
11% Si+Apr. 13>4 Aug.
5
8 June
4% Mar.
96 Jan.
93
87 July
1058 Apr.
14 Jan.
4^4 May
4 Alay
9 Mar. 16»« Sept.
16>s
20'4 Feb.
26 May
51
Aug. 60 May
100
771a Feb. 100 Apr.
109 100 Feb. II2I3 Apr.

latest price this

price Friday;

V Indicates

BKgtitti.

Do

. .

im

Jjowett.

(|

iKAonvB Btocki.

INACTIVB STOCK*'

Belleville

365

YUKK 8TUUK EXCH4NUB PKIGKS {OonUnuti)—l!fAOTIVE STOOKS.

NGVr

—

.

312
300
Pheulx
132
Produce Kx. 130

.Seaboard
[Second

178

335
127
*,ShaeALeath. 165
iSt. Nicholas. 130
State ofN.Y.|118
Third
110
Tradesmen's. 109
(Tuitd SUtea 210
VTest^rn
120

Seventh

.

.

,

336
^

135
172
180
Ml.
......

180
- MB
120
-

..».«

23S
......

•—

THE (HRONICLK

366

[Vol. LV.

BOSTON. PHILAUELPaiA AN1» BVLTIMORE STOCK BXCHANGES.
Sales
Share Price* — not Per Centam Prices.
nnlisted

Atob. T. & 6. Fe
Atlantlo & Pac.

Saturday,

Monday,

Aug. 27.

Aug. 29.

39

38=8

fBottmiJ.lOO
"
100

39>8

'41s

Bftltimore & Ohio fBalt.J.\00 *97
"
100 132
1st preferred
"
100
2d preferred

4%

100
Boston &
"
100
Boston & Maine
"
of
Mass.
100
Central
"
100
Preferred
"
100
Olilo.Bar.&Qiiln.
Ohio. Mil. A Bt.P. (PhUJ. lOO
CJhlo. AW.Mich.r£n»to»U.100
"
100
deTe. & Canton
"
100
Preferred....
"
100
Fltohburg pref.
"
100
FL & Pere Marq.
"
100
Preferred
Hnnt.&Br.Top.rP/i«a;. 50
"
&0
Preferred
"
50
IieMghT alley
"

Maine Central (BostonJ.lOO
"
100
Mexican Central
"
100
W, Y. A N. Ene.
"
100
Preferred....
northern Central rBaW.J. 50
northern Pacilic {Fhilaj. 100

205% 205% 205

Thursday,

Aug. 31.

Sept.

37% 38%

36% 37%
4% 4%

*4%

5

1.

*5»8

82 >4

82>e

578

*5»8

19!s 20

83%

132

132
120

205% g05

205% 205

6'8

19% 19%

1938

l«3p

88%

8.-)%

88%

*70
*32

5b\

563)

130
15

131
15

1H2

182
176% 175

ISO

33

34

'8S

87

SS's

183
5458

*8

33% 35
84% 86

*64%
*20% 21

Bell Telepljone ..
Boat. & Montana

Bid

iiHi

36%

6
38»8

39% 39%
229% 229%
*7% 8%

207
37

*

*36

9%

91«

*1d
1151a 116

119

119

17% 18
54

54

6

38%
230

8%

*205

*36

11256

206
37

«9%

9%

*13%
*18i8

(Bosl'n)

45%

9%

*13% 13%
18% *18% 13%

Bid.

Charlotte

(Ba«.).10o'
(.Bos(ort). 100'
(P/iiVu.). 50

dcAtantiopf.

Oatawlsba

"

50,
50l

"
"

Ist preferred

2d preferred
oentral Ohio

50
50

(Ball.).

& Augusta "
100
Connecticut & Pass. (Boston). 100
"

Connecticut River...

*5%

18

75
33

*32

*74"
32

"15"

34% 35%
87

& Birm.

100
Little ScliuylliUl
(P/tUa.). 50
Manchester 4t Law.. (Bo»«m). 100
Maryland Central
(Ball.) 50
Mine HiU & 8. Haven (Phila.). 50
Kesquchoiong Val
"
50
Nonheru N. U
(Bosron). 100
North I'ennsylvajiia. (f'Ai/a.). 50
Oregon Short Line... ^Jioston>. 100
ParSersbiirc
{Bait.) 50
Penneylvauia A N. W. (PItUa.) 50

80
251

13% 13%
18% 18%

*64%

98
300

59%

87
5,644

130%

33

35
86
65

1,000
14,933

154

19% 20% 1,9^0
54% 55% 12,482
182% 182%
76

IhS
54''8

8b

54% 54%

54%

*31%
27% 28Ju
•5%
6
6
37% 38% 37 "37%

4,160

'SI"-)

28% "28%

230

230

•7%

8%

27

*5%

37%

9%

9%

9%

45% 45% *45
109
112% 115
V20

120

18%
53%
57% 58
13% 13%
18% 18%

*17

5,-t%

18

7%

9
•290
*72

200
11,0'.'2

40
125

*45

119
18

53% 53»f
57% 57%

7%

204

34%

...

111%
18
...

13

17% 18%

Mar.

9

June
June
18% JuDe
43% June

30

84% Aug.

1

55
8

28;

Mar. 31
Feb. la
Jan. 4

2: 23
I.
19 92 May IS
19 July 20! 28% Mar. 26
74 Aua. 271 87 Apr. 6
25 « Jan. 27 37% Apr. 19
46% Jan. 21 55% July 8
50%.Ian. 13, 62% Feb. 11
1 12
Mar. 14 137% May 17

*<1% Ja

1

14%

Sept.

31

Aug.

75
63

May

24% Jan.

2|

A

25; 58% Mar.
4 114% Jan.

3
9
July 13 69% Mar. 16
li-%Muy 21 26% Jan. 5
51% May
72% Jan. 3
164% Jan.
187 May 11
54% July
57% Jan. 2
31% Aug.
40% -Mar. 3
193
Jau.
34% Feb. 11
Mar.
5
7 Feb. 15
36% July
50% Jan. 4
x223%Mar
232 June 17
10% Feb. 18
7% June
.

17% 18

Mar. 29 210

39 192
4,710 31

820

9
295
74

53% 53%
*o7

June 16

109% 46,805 78% Jan. IS 115% Aug. 25
103% 1,649 90% Jan. 18 107% Aug. 19

60% 60%

112% 110

13

6%

37.%

230

"7% 2307%

112% 11438 107 111% 108
103
105 106% 10.2% 104
204
205 205% 204% 205
33% 34% 33%
345a 37

9%

28% 163,335

4

Jan. 5
Mar. 16
Feb. 18

23
21
22
110% Jan. 28

Feb. 25

5% July
650 17% Sept.

75

14% 15
34
*85

86

19% "20%
54% 55

85

60
"53"

59
54
125

81
30
100

82
38

16

73% 74
54
85

20

23'

Feb.

aOH
43

43%

Feb.
Jan.
Jau.
Jau.

5
•;

Jan. 15

45% May 28
17% Jan. 5

5

July 20

7

11 253
1,055
27
7,607

300
73

5
2

14% Feb.
48% Jau.
50% Feb.
480 12 May
1,830 16% Jau.

Aug. 15
Aug. 23

61% Aug. 16
47% July 14

170
253

21

71

58

55%

May 13
Feb. 13

Aug. 31

18% Jan. 3
20% May 10

5i%

Entland

100
100
100
'•
100
(Boston). 50
72
"
50
(Phila.). 50 "60%
"
50
20
(Bait.). 60
12
"
100 108
"
100 110
(Bo«(oji). 100
15%
"
loo
"
100

(J.osroH)

Preferred

Beaboard iV Kuunuke.
Istpreferied
,

West End

PrelerreiL

West Jersey
West Jersej 4 Allan,
Western Maryland..
Wllm. Col. & Augusta
WUmingl'DA WeldoB
WisconsiD Central...
Preferred
Woro'st.Nai'U.&Roch.

.

4
70

(Bait.)

31
16

,

Bay

State i.as
(Boston). 60
"""* " Laud
Bestoii
10
Centruiiial Miuing...
"
10
Fort \\ iij ue Elrciriclj
"
25
'

"

Huron

"

Miniuii

••

lllnoisSi.e*111
"
Kear.'^iiree Siining....
"
Met. l~rac. Co
(Phita.)

25
b

And aoimied

A&O
M&S
Free.Elk.&M.V.,l8t,68.1933,A&0
Unstamped 1st, 6s
1933, A&O
K.C. C.& Spring. ,lst,5g.,1925,A&0
K. C. F. 8. & M. con. 6s, 1928, M&N
K.C. Mem. & Bir.,lst,5s,1927, M&S
K.C. St. Jo.

11

27%
12% 12%

5%

21

Internst.

Rock &

&C.

B., 78. .1907.
Ft. 8., 1st, 78. . 1905,

J&J
J&J

104%

92% 93%
93%
98
105 10«
,122%

1898'.F&A

Allegheny VaL,7 3 10s, Isao, J&J

M&N

Atlautic City Ist 5», g., 191 9.
Belvidere Del.. lst,68..Ut03, J&D
Catawisaa, M., 78
I900, F&A
Char. Cin.&Chic.lst5g, 1947 (J—
Cieartield & Jeff., Ist, OS. 1927, J&J
Connecting. 68
190vM)4 M&S
Del. & B'd Br'k,i8t, 78.1905,i'&A
EH8tou&Am. lstM.,58.1920, M&Ni
Elmir. &Wilm., Ist, 08.1910, J&J
Uuut. & Br'd'rop,Con.53 '95 A&O
Lehigh -Nav. 4%8
1914, t>-J'
2d 66, gold
1897,J&D
Ueneial mort. 4%s, g 1924 Q—
Lehigh Valley, ist 68...1b98. J&D
2d 78
1910. M&S
Consol.b
1923. J&D
North J-eun. Ist, 78....1H96, M&.N
Uen. .M. 7s
1U03,J&J
Pennsylvania gen. 68, r..l910. Var
Consol. Hs. 1:
1905, Var
t

Last prloe this week.

1919, Var
CoUat. Tr. 4% g
1913, J&»
Pa. &N. Y. Canal, 78... 1906, J&L>
Consol. 5s
1939, A&O
Perkiomeu, Ist ser.,5s.l918, Q—.1
Pnila.&Eiie gen. M. 5g.,1920, A&O
Geu. mort.,4g
1920, A&O
Phila & Read, new 4 g., 1958. J&J
l8t pref. iucome, 5 g, 195S, Feb 1
2d pref. income, 5 g, 19oS, Feb. 1
3d pref. income, 5 g, 1958. Feb. 1
2d, 78
1893, A&O
ConsoL mort. 7s
1911. J&D
1911, J&D
Cousol. mort. 6 g
A&O
1897,
ImprovemeutM. 6 g.,
Con. M.,5 g.,8tamped,19-.i2, M&N
58, r

A&O
F&A
g.l936, F&A

Phil. Wilm. & Ball.. 4s. 191 7,
Pitts. C. & St. L., 78. ...1900,

Po'keepsie Bridge, 6

115
111
123
114
105

•••
......
^

128
101

86%

74%
67% 67%
59
105
131

119% 120
107

105%
lot's

115
64

65
110

SchuyLR.E.Side.lsto g.l935, J&li

104
124

93

Loui8.,Ev.&St.L.,l8t,6g.ia26,A&0 ,110
2m., 5—6 g
1936, A.&0 100
Mar. H. & Ont., 68
1925, A&O
Exten. 6s
1923, J&D
Mexican Central,4 g... 1911. J&J
1st cousol.incomes, 3 g. nou-cum.
2d consoL incomes, 38, uou-cum.
N. Y. & N.Eng,. ist, 78. 1905, J&J 119
l8t mort. 68
19U5,J&J
2d mort. 68
1902. F&

Bonds.-Philadelihia

""g'4

100
25

I,

104
103

1918, JicD
1896, J&U

Chic. Buri.&Quinoy4s..l922,F<fcA
Iowa Division 48
1919, A.feO
Chic.&W.Mioh. gen. 58, 1921, J&D
Consol. of Vermont, 58.1913, J&J
Current River, Ist, 58. .1927,
Det. Laus.&Nor'n M. 7s. 1907, J&J
Eastern Ist mort. 6 g., 1906,

2d, 58

10
11
1135 139
Morric (Junul euar. 4. (P/>t<a.) 100
Prclerrcd guar. 10
"
loO 200'
Osoeolu Miuiuii
(Botlon)
25
29% 30%
Pulliuau Pala< e Car..
"
loti 193
194
Qulucy Miuinn
"
25
Tkinarack Mining
"
2.^
153 160
Ihonifon Kit-. WeldV.
"
loo
i

2d mort. 68
Debenture 6s

;1<J4

2d mort., scaled, 58...19U2, F&A
& L. C.,Cou.6s.l920.A&O5
19^5
,
16% Rutland, 1st, 6s
1902 M&N

'

Franklin Miuiug
Frenchui'ij'bUayL'nd

82
82%
56%' 57
116

93%

8teubeu.&Ind.,lstm.,53. 1914. J&J
United N. J., 6 g
1894. A&O
Warren & Frank..l8t,.78.1896.F&A

105

67%
29%
121
113
105

106
103
106

Bonds.— Baltimore.
Atlauta&CharL, Ist 78, 1907. JtJ 115 (117
95 102
Income 6s
1900, A&O
Baltimore & Ohio 4g., 1935, A&O 10.%, 102%
1

Conn., 5 g...l925, F&A
Staten Island, 2a, 5 g.l926, J&J ibT'ibs"
Bal.&Ohio S. W.,l3t,4%g. 1990, J&.I 105% 106%
»5
CapBF.&Yad.,8er.A.,6g.l916, J&D
95
Series B., 6 g
1916, J&D
95
Series C, 6 g
1916. J&D
Cent Ohio, 4 % g
1930, M&S
'.'.'.'.'.'.
ICharl. Col.&Aug. Ist 78. 1895, J&J 10"%
'Ga.Car. &Nor. Ist5 g..l929. J&J .01% 102
iNorth. Cent. 68
iia
1900. J&J ii2
68
1904, J&J 117 119
Series A, 58
1926, J&J 110
4%s
1926, A&O
Pitts.

Inc. 68

90c. 1-00

10
75

I

Ogden.

IIIKCIiLI.AJ<£OD8.

Allouez MiutLK
(Boston). 25
"
Atlantic Ntiulug
25
City I'asscuger KK... (Ball.). 25

2%! 2%
35% 35%

Ask

Bid.

Bonds.
Penna. Consol.

Plain 48

L.

(/Ju«.)100

1918, JiJ
1910, J&J
BurL& Nor. I8t5,1926, A&O

Ask.

I

Non-exempt 68
Chic.

isii'

Bid.

At.Top.iStS.F.100-yr.4g.,1989, J&J
100-year income 5 g., 1989. Sept.
Burl. & Mo. River Exempt 68, JcSiJ

27

"

<T»stou

i UnUated.

54

69
130

131
15

*64%

Inactive stocks.

100

Br.(PA»io.).100
"
Har.Ports.Mt.Jov<feL.
50
Kan. C"y Ft. S.&Mem. (Boiton).\00
"
Preferred
100

&

18%

*73
*5'.J%

33% 34%
"85

87

*64%

18
75
32
53

52%
59% 60%

€0%

48
6

17% 17%
87% 87%

18

53%
"eo'

6

18%
87% S8

19%
88%

88

*15%

Thom.Europ.E.WeldH (Boston) 100
"
100
Water Power
"
Westing. El. tr. rec.U
50
Bonds— Boston.

Delawaie&Boaud

Baleif:b

182
176

5%

Jan. 6(100%
Jan. 12 135
Jan. 18 Vi3
Jan. 8 209
Jau.
183%
Jan.
185

80% 81% 18,000 75% Apr.

Ask.

Oharl. Col.

K. City Mem.

205%

Mar

Highest.

46% Jan.

21
9

aAked prices; no sale was maile.

Boston & Providence

Camden

45%

116
118

*57

57

14

Price* oj Sept. 2.

&

45

4=>%

115% 116
116
119% 119% 118
*17
*17% ...
53=8 53% *53%
57

*56ia

Inactive Stocks.

Jitianta

57

*5%

•290
•290
•290
295
295
295
295 295
Oalumet .feHccla
"
295
Canton Co
(Ball.J.lOO *72i« 731s *72% 73% *72% 73% *7^% 73%
"
61
61
61
«l
61% 60% 60%
ConfioliclatedGas
61
100 60% 6II4

*

4
84
130
116
242 199
40 173
65 i 159
250 15%
250 33
300

80% 82

6

20% 20%
ftj.% 55%
56% 5i58 56
18:% 183
183 183
181
54% 54% 54% 51% 54%

111%112% 111%
103% 103% 104%
206

West Bud Laud..

4%
98

*5%

75
33

*31%
*3l%
28^6 28% 28% 2S%

8»4

11215

100
"
100
LamBon HtoroSer. "
50
I«hrhCoaliNav 'Fhil., 50
R.Eng.TelevhonerBost'nJlOO
Korth An.erican. (PHI.).IOO

Lowest.

32% May

62,561

82% 83%

•49

129% 130
"15" 131
l.'i% 15%
15

*64%
*20% 21

•61>a

21

6

53%
53% 53%
60% 60% '66% 6< %

87
21

32

32

32>«
53>s
eoig 60=8
129=% 1301b
1514 I514
33's 331*

83%

83

74

74
•32

111
103
100 206
25 •36
*9i8
25
25 291

"

4%

*96

132

*5%

88%

nscellmiiei^ns Stoche^

rBo«(o7i;.100

Shares.

1

82

Am.Bug'rRelin.t (Boston) ...
"
Preferred

General Electric
Prsfeired

Sept. 2.

177% 176%,176% 176
177 177
178 178
16% *15% 16%
Apr.
16% 16% *ie% 16% *16% 16% 16
*16is 17
39% 39% 38
40% 39% 40
39
*40
40
Jau.
41
*40
40 Ml
98% 100
99% 100
14.585 96% June
lOO^e 10139 100% 101% 100% 101% 10U% 100%

WestemN. Y.&Paa'/iii«. MOO

rle Telewhniie

Week,

36% 37%

97

97

Friday,

205% 205
182

'181

"
PhUa. A Reading
Bumnjit Blanch f.Bo»(on>. 50
'•
100 38%- 39
Onion Facinc
United Cos.of N. J.fPA ifo.jlOO 230 230

BntteA Boston..

38%

*4%....
97
97
-132

132

Si's
50 28iiie28i»i.

"
"

38i>8

3918

Wednesday,

177

"
Preferred
100
Old Colony.... (Boston).lOO
Pennsylvania.. (Phila.j. 50
"
50
PhUadel. & Erie.

'

Tuesday,
Aug. 30.

97

97

98

BoBton& Albany (Bos/on;. 100 SOS's 205 >s
Lowell

Bange of sales In 1892.

of the

Active Stocks.

T Indicates

&

1

Oxf .&Clark.,iut.gu.,6 g. 1937,M&.V
Piedm.&Cum.,lst, 5g.l911, FjjA

llOl

97
Pitts.&Counells.lst7s.l898. J&J 114
VirgiuiaMid., Ist 68... 1906, M&S 111
110
1911 M&S 110
2d Series, 6s
117
3d Series, 68
1916, M&S lu2
4th Series, 3-4-58
8J
1921, M&S
5th Series, 5s
1926, M&S
97
118
West Va. C.&P. 1st, 6g.l9ll, J&J lOS'i
126 127% West':.X.C. Cousol. 6 g.l914, J&J
85
111
Wllm. Col. & Aug., 6a.. 1910. J&D 116
119%
MISCELLANEOUS.
103
Baltimore—City Hall68. 1900,(4—
115
110
FundiugOs
1900. O-J 115
110
West uaryl'd RR. 6s..i90J, J&.J 116
103
Water Ss
1910, .M&N 1:^4%

110

lOOSj,

106%

111%
133% 134
131
111

IU6%
130%
120

Funding 5s
1916, Mjc.v
Exchange 3'-s8
lOdO, J&J
Virginia (State) 3s, few 1932, J JiJ
Chesapeake G us, 6s
190 J, J&D
Consul. Oas, 68
191U, J&li
..
5s
»1939, J&J
F-quitablB Gas. 6s
1913. A.feO
.

100

114%
114

lia
104.

ioo"'
109

87
118

100 "i 100%
74
108-1

lid
101
111

74%

109%
116

101%

SXPTBMBKB

3,

THE (^HRONICLK

1802.J

367

NEW YORK STOCK EXCHANftB PRICES lCoaUawi).-AOTIVE BONDS

AND FOR YEAR

SEPr. a,

S^UJUIAD AND MtSOBU BOMU.

RaILBOAD and MI8OL. BOHD*.

Priet

Inttfil
Ftrioa.

Highft.

tovut.

Srpt.'i

lnwa.

\UUitng HatnH ntuuj *n

(§atnt <n 1892.

I8M.

Inlt'tU] Priat

firUxtJ

iMtaal.

Sept.'i

Uiylt»ti,
I

Q—

111
8 g.lflOO
At.Top.48.F.- l00-yr.,4g.l989 J A J 83
564|
Sept.
1989
Inconie.&a
100-y«ar

Amer.

C'oit«ii

<.>ll,

dflb.,

AU. 4 Php.— Outir, 4 K
W.D. Inc., e«

Brookl'ii KlKVat'il liil.6,K.1924

Oau. Suutli." l«t Kuar.,ba 1908

1913

S<1,5»

latoon.5s,'29
Oent.Ua.— 8 k
0»ntr»lofN. J.-C;ouB..7«.lH99
1902
Consol.. 71.
Oenttnil njortKaea. (t..l987
LeU.A\V.K.,o.>n.,78,aaM.1900
\V.

•">

do.

iiioMifu^v, &ti.....*1912

1939
1992

..tol.,5(!

im

A
A A
J A
M A
g-j
M* M
J A J

120

A

J

A

J

A O
N

UA

MAS
A J

Geu.'l His, It
S.&A.Uiv.,li>tooD.,'2-4R.1989 J
do 2rtcoii.,4(!...1989 J
Ohio. Burl. & iJ.—Cou. ,7a. 1903 J
1913
X>ebenlurr,38

A

J
J

A

119 July
110 Juue
104 '» Feb.
85 Feb.

Ill Jan.
I OS's Jan.
101
1 00
Mar.
*67»ib. 6.>s8ept.
110
1 15
Jan.
122^a. 120 Jan.
Ill
109 >« Jan.
109^8
109>tiJaii.
li 1"^
94 Jan.
•109 b. 105>iJau.
1U9>4
109 >4 Jan,
117 b. 114>« Apr.
104
103 1« Jan.
804|
S03i Sept.
80 "4
76 Jan.
78 '...a. 75>«.Iau.
12l>90. 121>9 Jan.
102i«b. 101
Jan.
b.

105>ib.

Q-K
MAN

1921 J
Am. Udi'k tL Imp., 5b
Central rue n<'-Uuid,Us..l8»8 J
A
g..iail
.Mort.,6
Ohee. *Ohiolet.

53
B7
10

67 -^ib.

1937
1910 J

113 >4 Jane
85 IS Juue
May 06 V Jan.
74 Jan.
July
Aug. I414 Jan.

MAN*
1903 MAS'

UublleAOhIo— Mew,6g..l927'j A U 117

107 Vt Jan.
81 \ Fob.

119

General mortgage, 4a.. .1938
I

N.Y. Central-Extend., 5s. 1893

1

i

June

114
114

Juue
Juue
Juue
Juue

119
107

Feb.
Apr.

Aug.

MAN
MAN lom
MA

,

'

;

'

.

i

'

!

MAN

'

I

I

MA

i

:

,

I

MAN

lom

;

"a"

[

price uikvi

;

the Range

NEW VORK STOCK EXCUANHE
8ECCRITIE8.
Railroad
(Sktelc

Bid.

ezehanye

^O

Drlim b'riday:

2d mort.,5g

A

A
ADanv.— Con.,6g..l915

J

1936!

A

Pittsburg

Kicb

Cousol., og

Ricb.AW.P.rer.-Tru8t,6g. 18971
Con. 1st A ool. trust, 5g.l914|M
RloG. Western— 1st, 4 g.. 1939 J
St. Jo. A Gr. Island— 6 g..l925;M
|8t.L. Alt. AT. U.— l8t,78.1894 J
St. Louis & Iron Mountain-

2d,7g

l8t coDSOl., 6 g

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

8
J

A

MA

109''e

120
101

1933

Apr.
Jan.

!

May

May

8u.

Paoiac.N.M.— 6g

71i4jan.
112 June

371*
1191a
1231a
103
901a

b.

65
61
*93isa. 90
* 106%b. 106
14
J 102^b. 101

67
*67

B g
1926
SeattleL.8,AE.— Ist, gu. 6.1931
feo.Car.— l8t, 6 g.,exooup.l920
lDcome,6s
1931
1909-10
So. Pac, Ariz.— 6 g
80. Paolttc, Cal.— 6 g
1905-12
Ist, consol., gold, 5 g
1938

May

1091a Feb.
109 Mar.
861a Mar.
115 Apr.
115 Apr.
11 Juue

1181a Jau.
97 Jan.
88>sb. 87 14 Jau.

Ist,

June
June

96 Feb.
105»8 Jau. llOS-'sJune
IO2I4 Aug. 110
Feb.
100 Apr. 108 Jan.
68 Aug. 71 la Mar.
83i« Jan.
86
9058 Jane
7914 Aug.
75
6918 Feb.
67
53% Feb. 7238 July
58I9
37 Jau.
67 Feb.
84%b. 8014 Jan.
SOHjune
108is». tlOD July 112 Jan.
79isa. 75
Apr.
85 Feb.
79 a. 75 June 100 Feb.
4II4 Juue 72% Feb.
45
78%
76% Jau. 83 Jun
*96iaa. 94
May 100 Mar
107 July 10838 Jan.
90

108%b.l!l07i8

reduced to 41s g...

do

b.
b.

O

75
70
97

Apr
Jan.
Apr.

Apr.

Jan.

Aug.
Juno
Apr.

M^y
May

Aug.
July

1081a Mar.
22 Jan.
10714 Jane

Apr,
Feb.

114isb. 11214 Jau. 11«
Mar.
O 99% 9914 Mar. 102 Mar.
J 106 b.
Jau. 1081a June

1911'

lom

Tenn.C. I. ARy.— Ten.D.,l8t,6g!A
o 93 b.
Blrm. Div.,
J 93isb.
1917J
6g
D 84
Tex. A Pac— 1st, 5 g.
.2000:J
g...~
iuoome,
March.
29 b.
2d,
5
2000|
Tol. A. A. AN. M
1924 M A N 102
6g
Ohio
Cent.—
Tol. A
5 g
1935'J A J 108 a.
Tol. Peo. A West.— 4 g
1917JJ A J 80%
Tol. St. L. A Kan.
6 g.. 1916 J A D 90%
Union Pacilio— 6 g
1899!J A J lllisb.
1893iM A 8 103%
Sinking fund. 8s
CoUat. trust 4ia
1918iM A N 69>sa.
Gold 68, col. trust notes. 1894lF A A 93
Kan. Pao.-Den. DiT.-6g.l899;M A Nil!
111 b,
lBtcouaol.,6 g
1919iM A N 110 b.
Oregon Short Line— 6 g.. 1922 F A A 103

89
91

97
100

F'eb.

Jau.

76% July
23

96

Sols
341a

July
July

104

1021s Jan.
77 Jan.

C—

June
June

May
Mar

Feb.

1091s June

82% Juue

90 July 101 May
llOagJan. 114 la June

103%

Sepc.

70
93

May

no's Feb.

74»aJau.
Aug. 100 Jan.
109 Feb. llliaApr.
1081s Jan. 114 Ape
101 Juue 108 Jan.
Or.S.L.AUfhN.— Cou.5g.l919'A A Ol 73 b. 731a Aug. 83^ FeU.
U.P.Den.AGulf con. 5g.l939 J A 1> 69iab. 69 Aug. 77 la Jan.
Uuion Elevated- 6 g
1937 M A N'i16 a. 110 Jan. 11614 Aug
VirginiaMld.— Gen. m.,5s, 1936 M AN! 80 b. 761s May
85 Feb.
87 Feb.
do
stamped guar.
8014b. 7913 .May
Wabash— Ist, 5 g
1939 M A NlOo^s 1031s Jan. 107 Apr.
85 Jan.
7918 Mar.
2d mortgage, 5 g
1939. F A Aj 79'8
50 Jan.
Uebeni. M., series B
1939 J A J! 35isb. 35 July
WestShore-Guar., 4s
2361 J A J 103iaa. 101% Jau. 105 '8 Juue
West. N. Y. A Pa.— Ist, 5 g. 1937 J A J 102 b. 99 Jan. 105
Mar
31i4July 353»Feb.
2d mort.,3g.,5so
1927 A A O 32
100 le Jau. 10614 Jaa»
WesUUn.Ter.- Col. tr.,58.1938 J A J 103
Wis. Cent. Co.— Ist, 5 g
1937 J A J| 83 b. 90 Mar. 9514 Jo^
Income, 5 e
1937 ........ 32>«b. 53 June 421a Jan.

91

Bull.

A
A
A

Montana Extension, 4 g.l937
SauA.AArau. P.— I8t,6g.l910

MAN

—

I

I

'

made up from actual

W.. 1st.

A J
A O
A A

Jan.

'

10*iab. 1041s June
A
85
A
83% Apr.
g.,Cl.B.19i)6 M A N 11314b. 111
8t.l.. ASan Fr.—
Juue
1906;MA " 113% 111 May
6 g.. Class C
lOOiab. 106% Jau.
General mort., 6 g
19311 J A
69%
67 July
81. L.So.West.— I»t,4s,g..l989 M A
30isb. 27
July
2d. 4s, g.,iuoome
1989! J A
8.P.M.AM.— IJak. Ex., 6g.l910 M A
118 b. no's Jau.

4i»8...1990
Monun. Ri\nr, lstg.,g. 5!<...1019
eut'lOhio Iteor.— I8t, 4iss.l930
Ak.A Ch. J line -l8t<}{.58,gu. 1930
Booi. U. Tun. A W.— Deb. 3s. 1913
BrooKlyn Klovated— ^d, 3-3s.l913
Brun.swick >v W'n— 1st, g. 4», 1938

110%

1897

VVi.\\:,Vi»,-{.KiWi.WviMxA\.—

A O. 8.

'1151a
|115
IIII4

Cairo Ark. ATexas,7g..lS97iJ
Gen. K'y Alaudgr.,5g..l931 A

K.,

Roeb. A Pltt.s.- Gen.,5».1937
1988 II314
Roch. A Pitts.— Ist, 6s
1921
do
CnnsoIidat'dl8t,fis.l922
g., 58.. 1990 105
Uituw laxia ui» Iai^ai. aant»Lion« aiade cbla week.
19.^5

4 g.l9o8 J A J
1958 Feb.
1958 Feb.
1958 Feb.
Weatoru— 4 g.l917|J A J

2d pref.lucouie, 5 g
3d pref. income. 5 g

64

b.

nils

I'hUa.
Read.— Gen.,
Ist pref. income, 5 g

8ECUKITIES.
B.

Price*, j

gold
Oons. mort .roll. Ss
W. Va. Jt Puts.— Ist.
6»>

Evansville Div.,

65

I

A D 90
A J 10614b.
A J 102 -nb.
6g....l920 M A 8 *103 a.
1926 M AN*68 b.

Mar

95 Jan.
119 June
116>«Mar.
111 Apr.

82 Feb.
103 Feb.
|108% Apr.

61

b.
102 lab.

Mar.
Aug.

Juue 66-'8Mar.
62is Apr.
68 July
991s Juue 1041a Feb.

61

60

.t:

Ask.

Bonds.

Alabama MiiL— Ist, g., guar.. 1928
A'landc Ai>an».— ist g., 68..1917 'is"
AU. A P11-. -2d W. D., gu. «»,. 1907
kit. AOhlo— 18», 68, Park B. 1919 119

is

192rM
Geuural luort., 4g
Oinaba
8t. Louis— 4g ..1937, J
Uregou Imp. Co. l8t,6 g.l910:J
Cousol., .T g
1939 A
Ore.K.ANav Co.— I8t,6g.l909 J
Con8oI..5g
1925 J
Fa. Co.—413 g., coupon
19211
Peo. DecAEvansv.— 6g..l920'j

Juiie

I

I

I

981.

80%

I

1

I

Indicates price bid

I

'

I

'

!

I
I

MAN*

KoTB— " b

108% Mar

107
119
103

;

AA

MAN
MAN

1221, Aug.
1091s Mar
;116 JaiL

I

m

MAN*
MAN*

112% July
139% Aug.
106i4Mar

.?

1

M

II514AUK.
100 June
1151s June
130 June

1

1906 J

Klev»ted-7s

I

]

AA

M

AO

132 Juna
106 Fob.
105 Mar.
129 June
110 Feb.
l23i4Apr.

I

Juue

1051s Apr.
llTisa. 106>ii8ept. 114
Jau.
Couverilbl.1 r,»
92i«b.
F
A
A
Fell.
1922
9
Denver r)ivl8inn,4ii
I'll
911s June
87iab. 88 Si Mar.
Mebrartka KxU-UKluu,4g.l927
911s Ai>r.
Ohio. A K. III. -l8t.ii.f.,68. 1907 J A D 115 u. U2i«Jau. 1181s .Muy
O 121 b. 120!li Apr. I2314 July
1934
Cousol.-tiK
97 Jan. 104 A|)i-.
General i-ousol. let, 58. .1937
N lUl b. 97i«Jau. 10418 A IT.
Chicago .ttrit-- let. 4-5 g. 1 982
Oofb'r
45
b.
53^ Feb.
48 Jan.
1982
Inooiue, 5b
94!^ June
Jan.
Ohio. Gu8l.. *C'.—l8l, 5^.1937 J A J 89 b. 86
J
129
J
A
a.
132
Ii5>4 .lau.
Chic.MII.AS>t.P.-Ciiu.78.1905
14 Juue
114 b. 112'4 Jan. 11161s Apr.
let, Southwi'Bt Dk., 68.1909 J A
116 I.. I13>« Jan. '118 June
A
IBI, 6(). .Mm. Div., fl8....1910
A
110>ta. 106
Jan. I'll
Juue
lBt,Ch.&Piio.W.Dlv., ."JB. 11)21
102 b '•00>^ Jan. I1O6 Juue
Clilc. A- Mu. (Uv. Ulv., ft». 920;J A
108 u. 103 Jau. IIO8
May
WlB. & Mum. Div., 5 ){..192j!J A
lOTijiO. 103
108^ A\1K
Ternilual,.') u
J an
1914JJ A
91 b. 861* Jan.
Gen. M., 4 g., eerloB A.. .1989 J A
921s June
114 b. II
Jan. 117
Aug.
Mil.<lNor.— iHt.cou., »g.l913 J A
137 b. 137 Feb. 112 Apr.
Ohlc.&N.W.-(;iiu8(il.,7B..1915 Q—
Coupon, i<i>1i1,7b
1902 J A U 120 >4 123>iJau. 127 14 May
O *110 b. 116 Jan. 120 .Mar.
1929
einUuK fuud.Gs
19291 A A O 110 a. 105'sMay 111 June
BlnkiSK fuiia,58
- N 110 b.
'"
M
A
105
Apr. 109
Sinking
ti
(uuil
.l«be'i.,5B.l933
~"
iOS'sb. 103 Hi May |107
19011
Mar.
il
25-year <lxi)Kiiiure,5
£xten8inu, 48
1926 F A 4 96 li. 96 iiiM. lOOis Jan.
Mar. 101 Apr.
Ohio.Peo.&.'<t. l>oai8-5g.l928 M A s; *100 a. 96
Jan. !l26% June
Ohlo.R.l.Al"iio.-ti8,coup.l917 J A J"; 123^8b. 121
Exlenalou uiiil cul.,58...1934!J A J^ lOO'ob. 100 »s July |104is May
A 8: Oils
981* Feb.
30-year aubem. .58
1931
93 Jan.
Ohlo.St.L.Afili. C'ou.,.'>K.1932;A A O, 110 b. 105 Jan. jllO
May
Chlc.St.P. .>!. .iO.-tJa....l93o'J A Dj 12oi|»b. 120 Feb. 124)s May
Cleveland A Caiitou— 5 .. .1917!J A J] 88 b. 88 Jau.
95>s June
C. C. C. Al. i:ou8..l..7 g.lSlljJ A D *130 b. 128>4 Jan. 13i3s May
Geuer^ilouuBoL.u e
1934 J A J 120 b. 118-i Jan. 123 July
C.C.C.ASt.l..— Fno.AK.4s.l940;A A O 80i9b. 79*8 June 83 Feb.
Income, 4b
1990, April. 27 a. 26 June 341s Feb.
1900|f A A *102 b. 99 May 103 Is Jan.
Ool. Coal c)> lruu-6g
Ool. Midland -Con., 4 «... 1940 F A A 68 a. 67 "s Aug.
74 Jan.
Ool.H.Val.Ari>l.-Con.,.'>g.l93! M A 8 93 b. 871s Jau.
98 July
1904'J A D lOO^a. 93 Jau. 105 May
General, 6u
Denrer AKiuG.— l8t,7 g.lSOOjM A N *118 b. 11538 May 119 Apr.
1936, J A J 83>«
latcouBol.iig
77«tJau.
85 Juue
Det.B.Citj.v.*liieud— 6g.l913:J A J 72ii»a. 70 Jan.
80 Feb.
44i« June
Det-Mac.A.M. l.'>Uraul8.19] I'A A O 41 a. 36 Apr.
Dul. 80. Hh. lit A.tl.— 6g
1937 J A J lomb. 95 Mar. 105 May
*92isb, 90
E.Tenn.V A li. -Oim., Sg.Jsloti
Mar. 100 Feb.
Knoxvtlle^v Ubio. 6 g...l9'i5:J & J 99 b. 961s June 108 Jan.
Ellz. l.rx. A UU^un.-e g.l9U2 M A 8 9S'4
81
Mar. 100 Aug.
rt. W. A liein.Clty— (ig..l921 J A D, 100
May
981s Jan. 105
eaLH.Artau Au. W.Uiv.l8t,5 g. M AN' 98>e
98% Aj)r.
955ft May
Han. ABt. JuB.-CiiiiB., 6t).1911
A 8 115 a. 115 Apr. :ii85b Feb.
DUnola Central—4 li
1952 A A u 103 b. 961s Jan. 1021s Feb.
N 128 b. tl06 Feb. Il30 Aug.
Int. AGt. Nu.— iBt.Hg
1919
Coau.,6 g., Ir.ren.sluipd.l9u9 .M A 8 79'sb. 7S\ July
82 Jau.
IowaCeutral-l«l,og
1938 J & Ui 89 b. 89 July
96 Feb.
Kenmoky Ceutral— 4g
1987 J A J| 83>3b. 81 Jau.
86 June
Kings Co. Kl.— l»l,6 g
1925 J A J 10014a 97 la Feb. 1021s Juue
Ijaolede(iii8-l8t, 6g
83
1919: Q—
80 Mar. 8514 May
takeErleii »Bj(t.— 5 g
1937|J A J! 109 b. 10714 Jan. ,114 Juue
L.8hore— Cou.ep., l8t, ;o.l9t>0 J A J 119 b. 120 Jan. !l23 Juno
CouBOl. uvup.,2(t, 7b
May
19i)3iJ A D 123 b. 121^ leb. 1126
LonglBlM— l8l, uou., dg..l93l| *i— J "116 b. 1 13 Apr. ill7 Aug.
General uiuriuuge, 1 g..l938iJ A D 97'tb.j 91
Jau.
9713 Aug.
Louis. A .NuBU.— CuuB., .«.1898|A A O' 114 b.' Ill '4 Apr. !ll"
Feb.
193UJ A J, llBiib. 1171s Jan. 1211s Juue
M.O. AMoli. lal.tig
do.
2d. 6g
193u;j A J. 109 b. 108
Jan. lloSi Apr.
General, Bg
1930 J A U 116
II514 Jau. 1191s May
Unltled, 4g
194olj A J *79'iib.' 7B%Jan.
82 Jiuie
Ka»b.Fi.A81i. — Istgtd.Sg.'Sf F A A 100 b. 98
Feb. llOl's Juue
LoolB. N.A. ACh.— l«t,08.191O J A i 109 b. 1 OS's Jau. I113
Juu»i
OonBol.,6 K
1916 A A O 10218
99 Apr. il03is Aug.
Lunla. 8t. L. 4 Texas—6g.l9l7 F A A 96^8
871s Jan 100 Au^-.
Metro. £levat«d— let, 6i;.1908 J A J* 117'sb. 113 SI Jau. l,:0i4 Juue
Sd,6B
]08'»b. 105 « Jan. 110 Juue
1S99
Mloh. Cent.— iBi.eoo., 7a. .1902 M A N 121>9
121
May 1241s Apr.
OonBol., DB
1902
107 "lib. 1061s Mav 108 -s Apr.
MlLLakeBh.AW.— l8t,6g.l921
126'«b. 123
Jan. 128
July
Bxten. * laip.,5 g
1929 F A A 106 s
Mar. 110 July
M.K. AT.— lal 4b, g
1990 J A D 7913
79 Juue 83 May
Sd 4B,g
1990 F A A 46^
4S'» July
54Si Jan.
Mo. Pa<:ino— iBt, oon., S g. 1920
111 b. 106 "s May ;iii^ Aug.
»d,78
•112 b. 1121s Jau. 116 Jau.
1906
P»o.oIM_'>.— Ist,ex.,4g.l938 F A A 96 b. 9608 Aug. 100 Jau.
Sd e'-teuoed .ie
1938 J A J •106 b Iu2 V JjiO 109 J uno

A
A
A

Mar

I

A J 112 b. Ill July
N. V. Lack. A W.— I8t.6s..l921 J A J 128 b. 125 Jan.
1923 F 4 AUloisb. 109 Aug.
CouBtruutlun, &s
!N.Y.UK.AW.-lBt,oon.,7g.l920M AS* 134isb I3414 Mar.
Lung I>ouk.7s
1893 J A D 103°iib. :02is Juno
1935;a a O 121 b. I1714 Apr.
CouB»l.,6g
1969 J A D 103^8 10368 Sept.
2duoni<ol.,6 g
lO.-itib. 110% Apr.
N. Y. Out. A W.-l8t, 6g..l914 M A
('unsol. iBt. 5g
1939 J A U 106 isb., 100 J»n.
'N.Y.wus.AW.— l8tref.,5g.l937]J A J •108 a. 103 Jan.
Mldlandof N.J., 6g....l91o]AAO* Ii7\b. 116 Apr.
Norf. ASoutU.— ist, 5 g...l94l M A S 103 b. 98
Apr.
Niirr. A W.— 100-year, 5g.l990 J A
92 b. 93 Apr.
•91 b. 90i4Aug.
Md.AWash. UiT.-lBt,3g.l941|J A
11618
Nortb.Pac— l8t,aoup.,6g.l921 J A
115 Jau.
114 b. 11238 Apr.
General, 2d. coup., 6 g..l933'A A
108 14b. 10614 July
General, 3d, coup., 6 g.. 1937 J A
7.iis
7314 Juue
Conaol. iuori.,5g
1989 J A
iO\
70 >s Apr.
CUio. A N.P.— 1st, 5 g...l940 A A
95 a. 941s May
North. Pao. A Mou.—6g. ..1938 M A
*102 b. 105 Jan.
North. Pac. Ter. Co.— 6 g.. 1933; J A
11014b. Ill
OhioA.Mias.- Cous.B.f.,7B.1898 J A
Jan.
llO^b. 110 Mar.
Oousol., 7s
1898iJ A
no b. '106 Jan.
,Oblo8outhoru— let, 6 g...l92l]j A
:N. Y.

84'8 May
81
Aug.
8OI4 June

126

Deben.,5g,eoup., I884..1904 M
N. Y. A Harlem-78,reg 1900M
K. W. AOgd.-Oou.. 58. .1922 A
!n.Y. Chic. A8t.I^-4g...l937|A

118

Feb.
B 60
611s Apr.
126% Jan.
J 127
103 •• Jau.
O'104
lOl^jb. 101 14 .May
Jil23 b. 1231s Jan.
8 100 b. 107 14 Sept.
N "120 b. 1191s 8ept.
O 113isb. 1 1 1 1« Apr.
96«8
95 Jan.

MAN

1903J A

ooupoD,7a

lac,

123>« Mar.

102
111
113

M A

Nuh.Oh. ASt.L.-lat,7B.1913 J A
1928 A A
Coa.,ag

112

b.
b.
b.
b.

"

sales only.

Latest price this week.

t

INACTIVE BONDS—SEPVEyiBER
Bid.

SECUBITIES.

Ask.

105

Coupon

iurl

Ced.Rap.

Bid.

ANo.— Ist,5s.l906 104

A collal. trust, 3s. ..1934
A St. L.— Isi, 7s. gu..l927
lowaC. A West.— l8t, 7B....1909
Oed. Rap. I. F. A N., iBt, 68.1920

Cousol.

101
105

Mlnu.

107
100

96
ioi'ii

119
llfii*

Ist,

53

off,

a.

1921

C.Ohio— '.ol. ACin.M.l8t,4is8.1939
)3ul. RR. A Bank.—Col. g.58. 1937
1937
Cbat.RomeACol.—Otd g
ll«i« J-ol. nf N. J.—Conv d«b.. Ks l?>0«

*95
115
97
101

90
90

Aik.

105V
961*

...•
96

90

THE CHRONICLE.

[Vol. LV.

NEW TOBK STOCK EXCHANGE FRICI^S—INACTIVE BONDS—rContinuedJ—SEPTEMBER
Bid.

SECURITIES.
Central Faeiflc— Gold bds, 68, 1895
1896
Gold bonds, 68
1897
Gold bonds, 6s
1900
Ban Joaquin Br., 68
1939
Mort. gold 5s
1900
Land grant, 5s. g
1918
C. <fc O. Div., eit., g. 59
West. Pacillc— Bonds, 63.... 1899

Ho. RaUway (Cal.)— I8t,6a.l907
1938 100
SO.rear 58
Olies. & O.— Pur. M. fund, 63-1898 109
68, gold, series

A

1908 117

g., 5s.... 1940
Spc. Val., 1st, g. 58. .1941
Ches. O. &. So.Wcst.— Ist 6s, g. 1911
1911
2d, 68

Craig Valley— 1st,

Warm

101

Gal. Bar. A San Ant.— Ist, 6s. 1910
II214 Gal. H.
S. A.— 2d mort., 7s .. 1905
1931
West. Div., 2d 6s
Ga. Car. Nor.— Ist, gu. 09, g 1929
1927
111
Ga. 80. A Fla.— 1st, g. 6s
120
Grand Rap. A Ind.— Gen. 58.. 1924
G. B. W. ASt.P.— 1st 68.rects.1911
2d income, trust rect8

A
A

104
72

Louis. & Mo. Blrer— 1st, 7S.1900 116
1900 112
2d, 78
lOOJ^
Bt. L. Jacks. & Chic— lst,78 1894
105%
,63.1912
MlsB.R. Bridge— 1st, 8. f.
Oliic. Burl. &Nor.— lst,58....1926 'IO5I8

&

hi. Mil.

St.

P.— lst,8s,P.D.1898

1898
D
1902
l8t, 78, $ g., R. D
l9t, La Crosse Division, 78.1893
1897
let, 1. & M., 78
1899
•Mst, I. & D.,7s
1903
in .Bt, CAM., 7s
2d, 7 3-lOa, P.

&D. Extension, 78. ..1908

18t, I.
l8t, LaC.

1919
&DaT., 58
1910
H. & D., 7s
1910
H. & D., 58
r Chicago & Pacilio Div., 6s. .1910
1910
Mineral Point Div. 53
1921
C. <fe L. Sup. Div., 58
Fargo & South., 6s, As3U...1924
1910
Inc. conv. sink, fund, 53
1916
Dakota &Gt. South., 5s
Mil. & Nor. main line— 68 ... 19 10
1 hic.&N.W.— 30 year deb. 5s, 1921
I-.

Ifllst,
..
l8t,

N. Haven A Derby, Cons.5s..l918
Waco A N. 7s.. 1903
Hous. AT.

C—

1937
1912
1921

A
A

int. gtd.1897
Debent. 63, priu.
Int. gtd.1897
Debcnt. 4s, iirin.
Illinois Central— 1st, g., 48 . ..1951
1951
1st, gold, 3I38

1896
Debenture's
CWo. Burling. & Q.— 5s, 8. f..l901 104%
'IO6I4 108
.1919
lOTra Div.—Sink, fund, 5s.
1919 96*4 9678
Sinking fund, 43
*86ii
1921
Plain, 43
IClis
Chic <k Indiana Coal— 1st 5s. 1936

1

1937

Houeatonic— Cons, gold 58
1st g., 5s (int. gtd)
Cons. g. 6s (int. gtd)
Gen. g. 4s. (int. gtd)

1893 1017s
1903 >119

Sinking fund, 6s

n

1950
Cairo Bridge— 48
Springf. Div.— Coup., 68.. -.1898
1921
Div.—
Beg.,
58
Middle
C. St. L. AN. O.— Ten. 1., 78.1897
1897
1st, consol., 78
1907

2d, 68

1951
Gold, 53, coujion
1951
Meiup, Div., Istg. 4s
.1894
2d Div., 7s..
Dub. AS.
Ced. Falls A Minn.— 1st, 7s. .1907
121's
123
Ind. D. A Spr.— 1st 7s, ex. cp.l906

1181s

122ii
126>s
1211s
1211s
1211*

125
130

125

125
1261a
I0212

*i26

118

12s
105
119

103
*110

105

104
114

105
II7I4
luOOs

C—

Ind.D.AW.— I8t5s.

g.,tr.reo..l947
2d, 5e, gold, trust receipts.. 1948
Inc. M. bonds, trust receipts
Int.&G.N'n— lst,6s,g.,cou.off.l919
Kanawha A Mich.- Mort. 4a. 1990

—

Kan. C.Wyan.AN.W.— I8t,5s.l938
Kings Co.- r.El.,lst,5,e.,ga. A. 1929
Lake Erie A West.— 2d g., 53.1941
L. 8h. A M. So.— C. P.AA.— 79.1892
Buff. A Er.—New bonds, 78.1898
1906
Det. M.AT.-lst, 7s
Lake Shore—Div. bonds, 79. 1899
Kal. All.

&

SECURITIES.

Ask.

Bid.

11138 North'n Paelflc—Divld'd scrip ext
125
James River Val.— Ist, G3. . .1936

.

01i.V.-Gen.con.lst,gu.g,58.1938

OWcago & Alton— 1st, 78

Bid.

A Indian.— Ist,

cons.. 1926
STlnt A P. Marq.— Mort., 6s. .1920
1939
Ist con. gold, 5s
1939
Port Huron- Ist, 5s
Fla. Cen A Pen.— 1st g. 5s.... 191
Worth A R.G.— Ist g., 5s. .1928

Brans.

1061*

108
108
98
100
100
109

SECURITIES.

Ask.

105 >«

2.

St.Paul

1021s

72

A Pal.— 1st, 6s
1936
A N. P.— Gen., 69.. 1923

'95

Spokane

100

As>.

101
100
100

'118

HelenaARedM'n— l8t,g.,69.1937 •90
Duluth&Manitoba— l8t,g.6sl936 IOII4
Dul.AMan Dak.Div.— Ist63.1937
101%

74
102
102

Cocurd'Alene— 1st, 6s, gold. 1916
Gen. 1st, g., 63
1938
ibs"
Cent. Washington— I3t,g.,6s.l938
Norfolk A West.- General, 68.1931 122
78
73
New River, 1st, 68
1932 120 121
102
Imp. A Ext., 63
1931 1091s
3414 35
Adjustment M., 78
1924
Equipment, 53
1908
1051s
112^8
Clinch Val. Ist 58
1957
931a
122 1'28
Roanoke&So.— l8t,gu. 58, g.l922
103
106i»
Scioto Val. A N. E.— l8t,43,.1990
82
83%
Ohio A Miss— 2d consol. 7s.. .1911 II8I4
101
Spriug.Div.— Ist78
OS's 66 >4
1905
General 5s
1932
*78
Ohio River RR.— 1st, 5s
1936 103 13 103
Gen. g.,5s
1937
1021s
971s
93ia Oregon A Califor.— 1st, 58, g.l927 •.•)6
100%
72
75
07's Oreg. Hy ANav.— Col.tr. g..58.1919
Pan. Siuk.F'd Subsidy— 68, g. 1910
107
10438
112
Penn.-r.C.CASt.L.Cn.g.4>ssA1940 104
Do
llUs
104
do
Series B
'IIII3
P.C.AS.L.-lst,c.,73
1900
Pitts. Ft. W. A C— 1st, 7s.. .1912 140
2d, 78
116's
1912 137 1381a
133
96 41 981s
3d, 73
1912 131
Clev. A P.— Cons., 8. fd., 78.1900 1181s 120
92
Gen. 4is9, g., "A"
89
1942
120Vj

St.

L.V.AT.H.— lst,6a.,78.1897 110

1898 1021s
1898

2d, 73
2d, guar., 7s

291*

Gd.R.ALExt.— lst,4i93,G.g.l941
110
76

Peo.AE.-Iud.B.&W.-lst,pf.78.1900
Ohio tnd.AW.— l8tpcef.58..193S
Peoria A Pek. Union— 1st, 6s .1921
2d mortg., 413S
1921
Pitts. Cleve. A Tol.— lat, 69.. .1922

871s

101

"s

A

Pitts.
L. Er.—2d g. 58, "A". 1928
Pitts. Me. K.
Y.— 1st 63
1932
Pitts. Painsv.
F.— 1st, 5s. ..1916
Pitts. Slien.
L. E.— l8t.R.,58.1940
Pitt8.Y"g8t'uAA.— lat, 59,oon.l927
Prcs.
Ariz. Cent.— Ist, 6s, g.l916

102
115
124

1161a

111

A

A

•11714
G. R.— Ist gu. 59.1938 108

100
113

A

971a

A
Mahon'g CoalRR.— 1st, 5s.l934 lOS
2d income 63
1916
Lehigh V.,N.Y.— 1st gu.g.4i2S.1910 103 >s 104
112% Rich. A Danv.—Debentuie 68.1927 89
Lehigh V.Term.— 1st gu 58,g.l911
1900 •126
78
Equip. M. a. f.,g., 58
1909
Iowa Midland— let, 8s
Litchf. Car.A West.— lBt6s. g.l916
Peuiusula— Ist, conv., 7s. ..1898
1898 115
Atl. A Char.— 1st, pref., 7s.. 897 io'i
Long Island— 1st, 78
102'
1900
Chic. <fe Milwaukee— 1st, 7s. 1898 i'l3'
do.
Income, 63
N. Y. A R'way B.— Ist.g. 53.1927
1907 *128
Wlu. & St. P.— 2d, 78
1927 221s
Wash.O.AW.- lst,48,gH.cy.,1924
2dmortg., iuc
1905 104
Mil. & Mad.— 1st, 68
Rloh.AW.Pt.Term.— 6s. '97, tr. rec.
N.Y.&Man.Beach.— 1st, 7s, 1897
Oct. C. F. & St. P.— Ist, 53.. 1909 104
N. Y.B.AM. B.—lstcon. 5s,g.l935
Col. trust 5s, 1914, tr. rec
1910 104
Northern 111.— Ist, 58
Brookru&Montauk— lst,63.1911
RioGr. Junot., lat, guar., g., 59. 1938
Cii-Peo. &St.L.— Con.l8t,g.5j.l939
100
85
.1911
Rio Grande So.— 1st, g., 5a.. .1940
l8t 53
B.I.<SiP.-U.M.& F. D. let 43.1905
79
1925
SmithtovmAPt. Jeff.— iVt.Ts 1 901
St. Jos. A Gr. Is.— 2d Inc
1905
Ist, 2is9
76
Loui S.Evans. A St. L.— Con.59.1939
Kan. C. A Omahii— 1st, 53. .1927
871s
1905
Extension, 4s
Louis. A Nash.— Cecil. Br, 78.1907 1021s 106
8t. L. A. A T.H— 2d pref. 7s. .1891 IO314 104
Keokuk ADes M.— Ist, 5s.. 1923 95 100
1894 104% lOm
E. H. ANash.- Istes, g....l9l9 111
2dm. inc. 78
Ohio. St. P. & Minn.— 1st, Os... 1918
125
1894
62 >a 65
Penaacola Division, 6s
1920 105
Dividend bonds
1919
Ist, 6s
St. Paul &S.
Bellev. A So. 111.— 1st, 88...1896 112
St. Louis Division, 1st, 63. ..1921 1151s
(aic. ife W. Ind.— l8t, 8. f., OS. 1919
110
Bellev.
Car.—
1923
2d, 3s
19S0 60
A
1st, 6s
1932 115
General mortgage, 68
Leh. Branch Extension .. .1893 100
Clii.St.L.APad.— Iat,gd.g.5sl917 lOQis
1921
Chic. & West Mich.— 58
Nashv. A Decatur— l8t, 78.. 1900 112 112%
St. Louis So.— 1st, gd. g. 43.1931
Oji Ham. &D.— Con.s.f., 8.1905 123'
S. t.,09.— S. & N. Ala
1910 '102
do
2d income, 59. 1931
721a
1937
2d, gold, 4I2S
10-40, gold, 63
1921 lOlis
1932
Car. A Shawt.— 1st g. 4s
Ctu. D. & Ir'n— Ist, gu. 5s, g.lUll
lOO
50year 5s, g
1937 102
St. L. A 8. F.— 2d 6s, g., cl. A. 1906 lis"-*
CBn. Jack. & Mac— 1st, g., 5a. 1936
Pens. A At.- Ist, 68, gold... 1921 101
Equip., 7s
1895 100
102
Olev. Ak. & Col.-Eq. & 2d 63.1930
Collat. trust, 53, g
92
1931 101%
1931
General 53
O.C.C. & St. L., Cairo div.—48, 1939
Lou.N.Alb.ACh.— Geu.m.g.5s.l9 10 74% 74%
1937 •80
1st, trust, gold, 53
6t.Lou,Div.— I8tcol.t8't4s,g.l990 •91
Lou. N. O. A Tex.— Ist, 43
6658 681a
1934 95
1990
Consol. guar., 4s
Spring. ACol.Div.—l8t,g. 45. 1940
2d mort., 58
1934
Kan. City A 8.— 1st. 63, g...l910
WhiteW.Val.Div.— l8t,g. 4s. 1940
Louis. St. L. A Tex.- 2d g, 63. 191
Ft. 8. AV. B.B". -Ist, 63...1910 •90
Clu.Wab.&M.Div.— l8t,g.48.1991
87%
Manhattan Ry.— Cons. 4s
1990
Kttosas Midland— Ist, 4a, g. 1937
cm. I. St. L. &
lst,g.,48.1936
94
Manito.S.W.Coloniza'u— 58 ,g. 1931
St. PAil ADiUuth— l3t,5a....l93]
1071a
Oonsol 6s
1920
Memphis & Charl.— 6a, gold. .1924 85
1917 106
2d luortgage 5s
Cln.San.&Cl — Con.l8t,g.5s, 1928 ibeis
1st eon. Tenn lien, 78
1915
118
8t. Paul Minn A M.— Ist, 79. .1909 103
Ol.Col. Cin. & Ind.— 1st, 78,8.f.l899 lie
117
Mexican Cent. Consol.— 4s, g.1911
1909 118 119
2d mort., 69
Consol. sink, fund, 7s
1914 130
1st, eons, income 3s, g
1939
Mimieap. Union— lat, 69
1921;
Oleve. AMah. V.— Gold, 5s... 1938
Mexican National— Ist, g., 6s. 1927 95
115
Mont.
Cen.—
1st, guar., 6s. .1937
Colorado Midland— 1st, g., 6s.l936 i09' 10b Is
2d, income, 6s, "A"
103
1917
37
1937
1st guar. g. 5s
Columbia A Green.— Ist, 63. ..1916
Micliigau Central— 63
1909 '1181s
East. Minu., 1st div. Ist 59.1908
2d, 6s
1926
Coupon, 5s
1931
N.
P.—
San
Krau.
A
lat, g., 53.1919
Dal. Lack. AW.— Mort. 7s.... 1907 *1S5
Mortgage 4s
1940 •95
1931
South Carolina-2d, Os
Byra. Bing. A N.Y.— Ist, 78.1900 131ii 133
MU. L. S.&W.— Conv. deb., 53. 1907
So. Pile. Coivst— 1st, guar., 43. 1937
Morris A Essex- Ist, 7a
1914 141 li
Mich. Div., 1st, 63
1924
fer.RR.
Aa'u
of St. L.- lst,4 ^ss. 1939
Boude, 79
1900 110
Ashland Division— lat, 63 .1925 123
Texas Central— 1st, s. f., 78... 1909
78 of 1871
1901 123
Incomes
1911
109
lat mortgage, 78
l9t, con., guar., 78
1915 137i«
Minn.A St. L.— Ist, g. 78
192
128
Texas ANevv Orleans— lst,78. 1903
DeL A Hud. Can.— Ooupou 73,1894 109 110
Iowa Extension, Ist, 76
1909
132
Saliine
Division,
lat, 68
1912 102
Div.,
coup.,
Pa.
7s
1917
144
2dmortg., 7s
1891
105
115
Third Avenue (N.Y).— Ist5s, 1937
Albany A Susq.— l8t,gu.,78 1906 126 131
'95"
Southwest Ext.— lat, 78
1910
12915 Tol. A. A. A Cad.— 6a
97
1917
l8t,cons., guar., 63
1«06 120
Pacific Ext.— 1st, 63
1921
103
Toledo
A.
A.
AG'dTr.—
g.
6a.l921
Bens. A Bar.- l»t, coup., 7s.l9'ii
Impr. A equipment, 63
1922 100
Tol. A. A. A Mt. PI.— 6a
1919
Usnver City Cable— 1st, 68. 190S *142's
101
Minn. APac— 1st mortg., 53.1936
90%
Tol. A. A. AN. M.— 53, g
1910
85
901a
Den v. A R. G.— Imp., g., 53... 1928 981s
79
Minn.St.P.AS.S.M— l8tc.K.4s.l938
Ulster A Del.— 1st, cou.,6.,53. 1928 103
Duluth A Iron Range— Ist 53.1937
Mo.K.AT.—
K.C.AP.,
Ist,4a,g.l990
Union Paciflo— lat, 6s
1896 106i«
F.Tenu. Va. A Ga.— Ist, 78... 1900 111 1121s
Dal. A Waco— l8t, 58, gu..,.1940
87
Ist, 6s
1897 10814
Divisional 5s
1 930 101
Missouri Pacific— Trust 5s. ..1917
1st, 6s
I89b IIOI4
871s 90
iBt ext,.gold, 58
1937 *o8
62
Ist coU., 58, g
1920
81
81%
Collateral
Trust,
6s
1908
£q. Almi).,g.,5s
1936
TOis
St.L.AI. M.~Ark.Br.,l8t, 78.1893 104 3i 10616
Collateral Trust, 5s
87
1907 82'
Mobile A Birm.- Ist, g., 5s. .1937
87
Mobile A Ohio— 1st ext., 68... 1927
Kansas Pacilio— lat 6s, g...l893 105 107
Alabama Central— 1st 6s. ..191b
St. L. A Cairo—Is, guar
1931
1st, 63. g
1896 107
Irle-lsi, extended, 78
1897 114 115
Morgan's La. A T.— Ist, 6s....l9'->0 112
113
C. Br. U. P.— F. c 73
1895 100
2d, extended, 53
1919 *117i»
1st, 7s
191b 124%
Atch. Col. A Pac.— Ist, 63... 1903
83%
82
8d, extended, 4'ss
1923
110
Nash. Chat. A St. L.— 2d, 6s. .1901 103
106
Atch.
J. Co. A W.— Ist, 6s... 1905
Ath, extended, 58
1920
"74"
New Orleans A Gulf— lat, 63 .1926
U.P. Liu. A Col.— lst,g.,53. 1918
6th, extended, 48
1928 •102
N. O. A. No. E.— Pr. 1., g., 63.. 1915 •ib'g"
Oreg.8.L.AU.N.,col.trst.,5s.l919 103
1031a
1st, con., g., I'd, 7»
192U
N. Y. Ceut.-Deb. g. 43
1905 •lOOis
Utah A North.- 1st, 78
1908 101
Beorg., Isilleu, 68
1908
N. J. June— Guar. Ist, 4s. ..1980
101
Gold,5s
1926
B.N. Y. AE.— l8t, 7s
1916
Beech Creek— Ist, gold, 4s. .1936
103 "s
Utah Southern— Gen., 78. ..1909 100 19
K. Y. L. E. A W.—CoL tr.,68.192a 1341s
112
Osw, A Rome— 2d, 58,g.,gu.l915 1041s
Extcn., Ist, 78
1909
Funded coup., 58
99%
1969 •80
Utlca
A Bl. Riv. -48, g., gu.l922
102
ioi" Valley R'y Co. of
Con. 63.1921
Buff. A S. Wl-Mortg. 68...: 1908 lOOis
N. Y. N. H. A H.— 1st, reg. 4s. 1903
Wabash—
Debenture,
Ser.
A..
1939
«"• 8- 58 ....1909 104
N. Y. A Northern- Ist, g., 58.1927 107
?5"f^'^"C"^*>
OoalARR.—68
No. Missouri— 1st, 78
1893 106 ibf"
14 ids"
1922
2d, 48
1927
62
St.L.K.C.AN.— R.E.ARR.78.18931 •105 >a
L urcka Springs— ist, g., (is!! 11933
100
N.Y.OntAWn.— Ist,refuu.4a.l992 82'e 8314
*v»u«. A T.H.— l8t,con8.,6s..l921 •12219 123
St.CharlesBr'ge- lat.Os. 1908 'i09
N. Y. Susq. A West.— 2d, 4is8.1937
Mu Vemou— Ist 66
West.
Va. C. A Pitt3.— 1st, 63.1911
1923
Gen. mort., 58, g
1940
Bui. Co. branch— l»t, g.. .591930
85% 88 >9 Wheel.AL.E.— l8t. 58, gold. ..1926 108 >a 110
N. Y. Te x. A Mex.— I8t,4s.gu.l912
94
119
Exteii.sion A Imp. ir.. 59
1 930
Escanaba

DesM. &

&

L. 8. 1st, 6s. ...1901

109

Jlinn.— 1st, 7S....1907 122

>

C—

.

C—

,

.

. .

,

C—

.

.

'

'

Ho

price iTridfty; these are tne latest
quotation*

made

this

wee*.

For muscellaaeoas

ic

Unlisted Bonds-See 3d page preocdln*.

Septbmbeb

8,

.THE CHRONICLE.

1802.J

,869

ABeTRACT FROM KKPORT8 OF TUB NATIONAL BANKB MADE TO THE COMPTROLLBB JOLT
DepotUt.

OapUaL

1893.

Surplut.
Individual.

Othtr.

$

«
N.IlHiiipalilre.

VeniMHit
BoBtOIl

MiiKv., other ..
a" Rhoilo Islund.

84 23,024.370 _T^545,416
592 166,731,420 47.857.185
49,606,000 40,331,417
2.035,000
1,352,000

^ Cooueotlout...
I

Total Dlv.No.l

I

New York City

^ ni-ooklyn
3 Albany

„

33.164,060
14,456,615

N. Yolk, other
Jersey...
Philadelphia..
Pllteburg
Penn»., other.

I

ToUl Dlv.No.2

r

Delaware

9
Q
2
E
^

I

OeofKla

I

Florida

I

Arbanpjw
Kentucky, oth

I

Teuuettsee
Total Dlv.No.4

f

Cincinnati..

t Cleveland

..

Ohio, other

SstO

13
10
214
107
22
188

.

...

Indiana

gChloaKo

,

other
Detroit
MlchiK'n. other
lUlnoifi,

^

8

Wlacon8iu,oth.

154
5
7

St. I'anl

Mlnneinwlls.

_ Minnesota, otb

5»

8t.LoiU8....
f
8 Bt. Joseiih...
S KaoBasClty...
C Hlaaouri, oth'r
k Kansas

9

Nebraska, oth.
North Dakota.

I

1

IBouth Dakota
ToUl Dlv.No.6
f Nevada

2 Ban
S

2 Oregon

f

J

• Idaho

T
S
J
a
S

Montana
Ne w Mexice
Oklah'a

&

I.

.

Utah

Wyoming..

1 Total Dlv.No.8
Total for U. 8.

1,29«,000

10,>l87,791

639.000
1,061.573
1,616.000
209.000
832,500

412,320
3,492,730

5,72.5,000

1,2,')2,058
851,0.')0

12,534,991
10,199,073
13.837.774
40,476,S88

1,710,658

1,719.131
4,903,189

270.000
8,985,000
625,000
4,740,000
499,510
2,800,000
1,140.000
20,109,540

100.00.

153.090
106,451
75,861
87,9j9

315,833
77,971
330,000
581,454
293.801

5,379,741

81,640,140
9,915,748
7,820.967
613,853
13,713,1S0
7,008,664
78,100,242

29,704, 891
22.183, 225
69,193, ,3t0
36.H03, ,785
1(:4.827 864

272.113
398,561

147.005
l,886.t86
97,508
202,764
383,748
51,333
73-),353

867,236
4,646,57
2,455,788
55.319,981

208,6»7
70,483

1,094,750
112,0 JO
52,670
24.130

61H,H30
61,796
26.133
512,012
310,652
675,115
221,577
910.308

2.72o.«i!<»

3,380

3 '.8,743
63,351

19,280
1,200
30,660
4,040
63J,7ir

85,4)9
176.324
303,653
108,607
168,389

150

8.2'15

55,136
20,377
9 5.470
66,571
332,361

14.820
57,500
46,150
132,100
1,074,930

21U,uu«
209,505
366,826
298,861
299.675
177,023
1,330,043
57,715
2,389,061
139.342

845,687
690,068
1,371,428
8,315,941

394,730
711,310

120 000

23.712 .208 1 376,88.-'
397,2^8.789 28,21)0.581'

51,3 ,)0

110,610 430,00.2 2,966,214
103,131
76,000 1.473,000
319,069 170.67 8 3,518,099
421,378
191,2021 2,264,059
368.092 1,766.2J3' 10,910,796
173,090
137,323] 2,042,491
66,191
136,417 1,218,619
236,9.50
135,113
911,988
31,233
31,610
369.775
13',ll!»
101,067
597,799

8,996,4711

2,523,3 7/ 3,C3l,i3.T 26,304.830

729,160
2-2,000
200,820

413,1.30

965,39"
816.055
30«,e8H

576,0301
6,16«,110l

,182,580

51.236i.372
16.751 .932
33,542 .939

453,130

,6ti6,690
,017,09.T

3,886,1,813

60,0

181,4^3
2,519,041
36.059.114 1,595,168
15,113,263 2,079.299
734,803
12,802,396
697,084
13,305,718
30,301,414 1,651,759
156,522
5,532,633
17,422,199 1,320,87.5
300,360
9,801,327
23,445,462 1.036,116
11,922,974 2,200,191
21,916.898 1,006.928
227,330
6,762,098
223.024
5.359,453
217, 164,041 13,114,214

47,030

743,3 IM
6,200,801

21,354
296,041
127,253
89,114
115,0j5
58,345
38,524
195,563
81,270
254,154
156,017

2,320
12-',0S0

12,000
1,510
1!',31<'

2,175,420
61,840
113,120
17,:-

50

54,620
11,500
28,160
22,680
12,620
2,65t,330

938,595
1,679,960
1,412,117
1,776,615
5,974,»69

12,980.832
16,619,853
50.27 l,72'.i

971,043

275,653
1,144,150

440,673

|

45,379
45,983
l,636,f27

2,033,9-i.<

2.i'25

1,.521

33,610
174,205
96,283
149,007

2,500
28,191
15.261
30,039

1.5(),U6il

75, hit

2,750
12,900
3,040
28,66
47.350

65,130
2,372,293
202,992
819,665
177,373
45,269
794,993
258,146
4,766,071

453,230
439,756
1,114,048

12'i,925

47,57..

13.8'26,725

186,787
1,261,319
493,528

10,036
262.905
16,437
117,634
21,788
18,963
63,775
22,306
533.H69

69,550
4,030
65,710
3,970
,"80

65,610
1,210
210,860

|

8.V,2ei

9,172
33.92
3,951
11,261
11,999
6,635
167,209
-i

3.759 684,678,2031238,239.971 1.753.339.680 14.180.0tf6 2,127.757,191 105221083 85,53o,10u 13.045,898 235233

..

|

9,»17,

132,174
71,612
872,021
39.311'
51.130
24.000!
38.5*8
1)3,142
47,13!>|
313.317 239.353
2,527,391 2,0lu.2/l|

121,511

463,628
470,282
581.75
4,641,39H

171,816
3.761,781
338.561
704.511
32.125
1,008,642
452,901
6.173,343

11,703
161,704

41,9ti4

11,401'

1 1

o/depoM.
i

274,469
183,126
293,201
«,8.M,067
2,227,881
663,017
806,669
a,477,Stf- 10,362,633
6,830.47o 48,487,299
463,93<' 1 ,060,292
15,6;0
502,074
.394,721 3,016.943
6''0,296 2,673,605
2,611,392 11.508,731
500,753 2,341,667
768,120 4,283,047
12/55J-,^H 73,905,858

61,264
72,j»o
131,731 1,203.163
129,829
92,633
42,168 652.369
76,231
9,045
159.5'3 130,562
54,721
58,956
853,69 2,221,2ni

14,2'iO

223,87^
99,766

50,

119,787

,i

7'>,210

1,697,995
90,163

402,886
49,094
227,445
171,833

1,939,671
15,025,220
2,582,605

1,32;,580

403,71!)

324,391
91,638
165,688

22,X72.379
156,358, •i2r.

127,518
989,94

258,359
2,585,666

11,76'«,791
21,207,29'>

721.037
73,9^1
474.017
536,676
258,730
83 1,94'
297,678
89,961
301,737
133,723
3,741,466

27^43,331

184.142
687,606
142,176
21B.7tS
1,397, ^BO

49«,,500

526,9.^8

6,032,o59
5,481,771
9,876,33m
4,157,610
7,534,657
2,459.163
12,624.764
2,086.527
47,188,133
3,0.9,180

2,1^3.12

123.607
472.923
47.811
37.077
250,000
44.910
90,679

300,90'.

8,24 7,473

459,558

34,150
2,239,050
194,000
716,800
209,880
21,200
944,800
195,600
4,558,480

1,050,000

934,94:

9,133,616

712,76:'

4,415,000
7,640,000
20,562.000

71,602
503,95;.
50,00'

15,'i01,503

128,000
950,000

9
34
12
10
14
12
147

T.

2,997.161)

1,582,17
29,471,741

282.000
2,500,000

4
52

Arizona..,.
Colorado..

311,500

663 84,896,700

68
147

Washington.
lTotalDlv.No.7

80,333,813
52,999,317
10,748,2*3
30,790,368
6,365,437
23,619,961
345,900,601

1,89'',216

2,66<>,000

41

f

3,=>,755,191

510.500
1.652.292
500,269
62S,K75
14,760,105

2
34

Francisco.

4 613.19!'

lo;004,500
6,0l0,02f
648,000
3,iy8,93J
475,000
38,3Jti,2lJ4

2,000,000
6,800.000
4,eio,ooD
12,667,100
4.150,000
9,3*3.600
2,465.000

2

C'allfornia,oth.

1,750,000
7.092,328

22,598,998
20,094,573
62,386,170

2,f3-i.000

79,16'

101,620,826 3,422,009
635,110
49,951.053 1,181,320
314,320
99,014,701 10,320,639 4,587,200
39.603,867 2,120,79(.
583,200
103.314.434 4,453,751
4.54.9101
768,444.051 35,937,013 62,341,260; 3,391,v!2-«

4.>,000

5,323,ri33

19.894,675
3,503,616
10,118,941
8,193,482
20,311,099
10,197,942
18.449,522
5.948,791
4,312,436
168,066.362

4
10
58
143
9
128
33
41

Omal^ik

12,796,734
16,228,067
107,711,672

700,000
13.625.000
4,800.000
4,874,000
5.492,000
10,700,000

4

Moines..
IDes
lows, other..

482,000
1,014,800
2,838.203
2,260,945
18,291,373

29,620
13,090
6,678,960
228,020
191,490
367,350
7,484,OjO

49i,52l>

1,582,0 9

29,614,126
V, 179,905

4,809,823

S.'O.OOO
3
P,.'.02,150
73
734 118.557,950

I Total Dlv.No.S

"l

259,000
934,253
428,708
1,909, 16i
238,752

9,100,000
8,030.000
26,647,600
13,428,000
21 ,"00,000
16,956.000
4,400,000
10,634,000

96

• Milwaukee

1,240,555

362,719
161,213,41)2 3,613,459
108,881,931 2,678,216
87,231.047
490,681
49,131.701 1,626,899
403.434,170 9,781,273

88,676
100,484

363,627.162 li,676,984 64,726,4Uu
10.880.93H
171,965
624,500

46,021
159,369

6,111, »58
74,219,756

etrti/te'lat

75,6"'0

714,
296,.)94

Stiver
Ceo.ltn^n
Treattiry *U.B.elfi.

SUter.

m5

21,284,982
11,576.932
14,114,115

12, 1892.

0l5„i58
101,851
45.000
252,276
199,794
317,705
331,731
2.686.244

II

6,632,581'

1,623,000
4,538,800
1,350,010
3,919,000
1,164,000
3,625,000
810,000
26,202,800
1,600,000
4,901,500
10,507.900
10.473,953
73,305,133

2J2
10
10
72
56

Louisville ....

8

8,785,159
3,231.080
5.900,623
4,754,523
5,728,661
1 ,902,667
14.514.890

11

B Texas

•

737,566
887,600

2
lb
K'

....

MlMisslnpl..

a
j

2,,'.88,50O

23
14
3V
1»

g New Orleans
M lA>ul8laua, Oth.

X

4,677,876
27,163,?94
9,632,818
10,481,979
974,r52
15,277,379

2

,

Alabama

fl
*>

964,336
4.477,900
1,308,458
1,160,000
100,000
2,434,400
656,997
11,102,091

159

,

91,039,851
52.241,501
3,661.604
86,287,968
105,933.631
691,656,235

2,133,985
13,243,260
3,661,700
2,575,000
252,000
4,656,300
2.736,000
29,158,245

1

North CaroUna
BouthCaruUnu

f

6,98'<,243

13,811,303

36

Woat Virginia.
Total Dlv No.3

I

87,569
88,686
198,473
1,097,906

16,557.062
98,641.342

.

.

VlrRlnla

299,1M

75,085,431
19.197.273
34.816.044

10.900,060
37,869,190
I71,356,b05

22
43

....

Mar}'luiid,oth.
WasliliiKton
Diet. Col., oth.

115,43:«,172

22,46", OOli

II-

* Baltimore

157,844
222,193
43,990

3ti9,»&8,l>-2

6,924,70(1

9

13,066,203
7,095,897
9,074,162

276,624,^91
15,956,540

1,302,000
10,S47,27:

l,5.^0,000

New

3
I

2.0^2,931
1,572.017
l,h72,450
14,027,400
15,470,367
4.686,611

79 11.010.000
B.2 17,500
53
49
7,: 60,0011
55 53,100,000
2!3 45.942.000
69 20,277,050

Msinn

f
tl
tt

Loan* d dlt- Oold and
Oold
count*, tincl'u Bold a. a.
Trtatury
ottrdrafl*.) eerlijUale*. certiHctttM

-9

1,050,320
839,850
544,568
237,408
263,148
9,052,638

1,390
18,218
137,849
43,867
115,756
317,080

20.327
1,391,930
56,317
622,292
71,306
50,085
89,719
35,917
2,307,893

137030O16
tS

Totals for
RlHKUVC
Cities. 4c.

w
BeKnirce$.

Loans
Bds for

MiU't.

MUV$.

1612 333-6 109
6-H
3»
-s

.Wll's

MW'».

8-2

»9C
4-2

8

Afil'D AfU's

MWt

39'«

31«

7-8

i'.i-a

1-8

1-3

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1-0

•3

itfit'i JUil's

118

AfO'»

•B

OlIi.D. S.bds
9tks, bds.ic.

•6

1-8

•2

•I

•2

-3

•2

•2

•8

61

2-J

•6

3-2

1-5

1-8

'2-4

•2

1-2
3-0

Doe fr.bankn

37-3

*!'

4-6

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3-9

'1

8

90 6 3 17
35 1-6 1-1

3-8

•8

14-9

Beat estate.,

ii-8

e.colnictfi

10 2

31-4
34-7
l«-6
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37-7

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Cl'r'gH.exch

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•ii

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3-0

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it-a

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6

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f.

12
14

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1-9

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8 64-5

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68

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1.U18 1.110 t.ViS
131 163
31
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3-2

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68

83

131

6-3

191
34

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140
33

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39

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310

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6-4
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87
101
38
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8B 1,730 1,774

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98

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374

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1-8
1-3

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1-0

1

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13-6 3"3-8

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338

177-7

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1-2

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31-9
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MU'a IfiCs MU'a -Vll'*
3-5 13-1 13-8 30-3 •ifV 11-0

Afii's .Vii'n

104-8 16

39-fl •ii-6

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circ.

mi't mu'i.]!irwa MU'B

S3

33

33^ 108 46 334

3

Liat/iUtia.

49B

Capital stoek

33-1

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Undi. profits.

140 405
61 14

Clroulation..

Dvetodep'rs
Dae to banks
Other Uab's.,

4-8

110

3-7
•.i77-S

36-4
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1-4
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16-0
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i-ii 10-B 13-2
13-8 66 4-3

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3-1 30-5 7-6| 3-3
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17

1-0
3-2

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301 137 lOO
137 13-8 9-0

3-6
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44
7
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6-7

8-6

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a_.4Bt

THE CHRONICLE.

370

[Vol. LV.
Latest Earnings Reported

Week or Mo

AMD

flailrxrad

Gr.

Iwtjellxjgjeujcje.

The Investors' Supplement, a pamphlet of 150 pages,
tontains extended tables of the Stocks and Bonds of Railconrotids, and other Companies, with remarks and statistics
cerning the income, financial status, etc., of each Company.

on the last Saturday of every other month—
January, March, May, July, September and November,

It is published
vix.,

and

is

furnished unthout extra charge to all regular sub-

Cheonicle.
TKe General Quotations of Stocks and Bonds, occupying
rix pages of the Chronicle, are published on the third
8aturdar of each month.
teribers of the

RAILROAD EARNINGS.
BOASS

Week or Mo

Allaglieny Yai.
A.toli.T. iSiS.Fe..

July.

3d wk Aug

Halt owned.. 3d
Total syatera 3d
8tL.&8anF.. 3d
Half owned.. 3d
Tot.8.L.&S.F 3d
3d
Agg. total
.

wk Aug
wk Aug
wk Au
wk .\^ug
wk Aug
wk Aug

AtUntaAObar.' June
Atlanta &F1 or' July
AtUnte&W.Pt. June
B.dkO.£astLlne;
WMtem Linee
Total
Bal.&O.Sonttiw.

July
July
July

3d wk Aug
BathAHam'ndi> June
BIT.

A Atlantic.

July

Blr.8h.*Tenn.E June
Brooklyn Elov.. July
Bna.Roob.&Plti 3d wk Aug
Bur.C.Kap.&N July

Oamden

<!iAt.l.

June

JBeported.

Jan. 1

9
Oet.Gr.H.A M Wk Aug 20
24,606
Qnlt <fe Cblcago July...
2,171
Great Nortb'nBt. P. M. & M. July
984,,631
East, of Minn. July
119,,048
Montana Cent. July
74,,688
Tot. system. July
1,178,,367
Hnmest'nASben Julv
9,,300
Hutch. ASoutli'ii July
10,,224
Illinois Centr'i.. July
1,468,,380
Ind.Deo.AWest July
43,,614
In.

AGt.Nortb'n 3d

wk Aug

tinteroo. (Mex.) v\k Aug. 6
Iowa Central... 3d wk Aug

Iron Railway... .ruly

1891.

1892.

1892
223,719
688,913

220,9711

31,566!
720,479;

27,125'

147,221
30,938
178,159
898,637
50,474
8,448
28.632
1,639,422

450,462
2,089,883
60,371
1,790
3,233
21,206
140,920
63,510
315.055
77.626
420,000
1,143
6,006
544,928
1,310,928
1,332,641
5,708
9,500
41,292
9,100
4.399
1,073

636,112

Col.

& Maya

JiUy.

DetBay

(.'.AAlii

July

I>et.Lane'gAN(> 3d wk Aug
DoluthB.S.&Ati 3d wk Aug
Dalnth A Wlun. July
B.Tenn.Va.AGa July

ngln Jol.AEaet July
BTana.AInd'pll>. 3<1
BraniT. A T. H |3d

ntohbiirg

wk Aug
wk Aug

IJune

iUnt.&P.Mara. 3d wk Aug
Florence
June
rt.W. ARloQr. ithwkJuly
Oa.Car'laANo June
eeOTglaRR..... July
e«o.Bo. AFlB.. July

L

SeOTget'nAW'D June
Sr.Bap.&Ind.. 3d wk Aug
Cln.R.AFt. W 3d wk Aug
Other lines. .. 3(1 wk Aug
Total all Hues. 3d wk Aug

•randTmnk... Wk Aug27
Ohio AQr.Tr.

WkAugZO

1,103

71,725
21,838
89,000
318,964
32,850
24,292
48,641
277,582
14,095
2,280
101,552
3,33 7
223,300
33,376
27,680
26,828
56,283
8,233
488,549
67,494
11,600
27,822
653,149
49,235
1.649
7,546
22,111
103,235
64,864
3,333
52,755
10,395
4.718
67.868
384,982
69,396

455,292

21, 096,81.5

125,295
683,237 22, 222,109
137.675! *. 166,135
26,468 1, 102,207
164,143 5, 268,310
847,38027, 490,451
58.613
354,436
7,985
208,792
27,559
,753,263 10, 853,911
465,814
377,515
231.425
,219.077
619,271
59,901
1,504
10,337
23,787
3,463
110,476
17,911
135,092
973,6J6
60,223
272,673
256,739
299,803
76.670
,867.584
391,000
16,095
3,330
31,868
6,197

OanadianPaGinc 3d wk Aug
Oar.Cum.G&Ch. June
Car. Midland... July
Central of Ga... June
Central of N.J. July
334,528
Central Paolflo.. June
495,162
Central of 8.C.. June
6,778
Chsr.Cln. AChic July
13,375
Oharleet'n&Sav June
49,831
Char. Sum. &No. July
8,630
Cheraw. ADarl. June
5,411
Oheraw.&Salial) June
800
Cbes. AOhlo.... 3d wk Aug
231,202 206,215
Cbes.O. &6. W. 3 wks July 105,669 133,011
Ohio. Bur. & No. June
152,963 157,387
Chlo. Burl. & q. July
3,214,136 ,761.496
Ohio.diEaBt. m. 3d wk Aug
105,125
82,382
CUoago & Ene. June
202,137 210,132
Chlo. Kal.&S... June
Ohlo.MU.ASt.P. 3d wk Aug 602,615 506,953
Ohio. &N'tliw'n. July
2,796,630 1,563,123
Ohla.Feo.&S.L.t 3d WK Aug
30.072
27,715
CWo.R'kl.&P... July
1,475,167 .376,919
Chlo.St.P.&K.O. 3d WE Aug 110,489
96,171
OWo.St.P.M.&O. July
726,682 656,562
Ohlo.&W. Mien 3d wk Aug
40,640
37.011
Cln.Oa. APoris. July
6,248
6,152
OIn.JackAMao. 3d wk Aug
16.126
16,350
Oto.N. Q. iT.P. 3d wk Aug
70,889
80,007
Ala.Ut.Suutb. 3(1 wk Aug
27,528
29,384
N. Orl. A N. E. 3d wk Aug
19.143
16,450
Ala dtVicknb. 3d wk Aug
8,522
9,028
VlciB. Sb. & P. 3d wk Aug
8,470
7,574
Krlanger Sysi. Rd wk Aug 134,552 142,443
Olnn. Nortbw'D July
1,828
1,474
Oln. Ports. A v.. July.
22,641
23,500
Oln.Wab.&Mich. June
(SeT.AkronAC'ol 3d wk Aug
Clev. Can. &So. July
.:
OLCin.Cb.&B.L 3d wk Aug
_Feo. <fc Eaat'n. 3d wk Aug
eT. A Marietta July
olor. Midland, 3d wk Aug
W.H. V. ATol. July
Dol.Bhawnee&B 3d wk Aug
Oolnea A Lake, July.
Qonn. River... June
Current River. 3d wk Aug
Deny. & Bio Qr. 3d wk Aug
Dee M. No. & W July

1,

Latest Date.

1,

I

1891.

1,389,143
19,668.164
1,053.740

Kan.C.Wy&N.W July
Keokuk A West 3d wk Aug

L.Erie All. A So July
L.Erie A West 3d wk
Lehieh A Hud.. July

20,723,!10o

4,022,924
1,034,266
5,057.190
25,781.003

400,166

217,082
10,482.281
3,102,631
13,584,932
1,485,449
9,033
30,274
92,291
1,718',735

1,880,264
304.24
11,889,056
21.853
33,832

8.051,141 7,839,706
6,794,520 7,669,697
49,996
50,279
79,310
85,371
351,319
419,702
80,061
57.873
38,386
52,851
9,722
12,562
5,730,759 5,498,200
1,147,046 1,216,042
971,861
967,433
21.430.976 17,531,081
2,482,549 2.323,960
1,364,272 1,224,414
23,947
24,468
19,261,710 16,128,840
17,659,826 14,723,476
794,137
686,823
9,556,765 8,554,447
4,712,143
1,200,079
37,286

3,873,490
1,066,163
36,204

424,600

454,132

2,632,183
1,071,829

2,688,935
1,157,S:39

764,220
687,715
368,221
367,686
318,099
345,517
5,152,352 5,245,693
11,418
11.854
134,811
129,251

1,145
8,083
6,998
65,122
391,133
310,355
20,306
613,573
588,403
75,673
462.080
3^9.712
306,263 8.695,261 8,368,435
41,851 1,090,542 1,014,707
25,049
180,903
194,176
39,475 1,304,899 1,286,313
313.733 1,833,544 1,691,974
13,667
428,828
316,857
2,749
12,361
13.485
92,528
562,970
516,276
3.120
116,910
96,583
163,900 5,598,827 5,127,388
24,796
224,321
173,116
40,799
210,591
280.680
26,884
734,079
753,690
55.128 1,428,868 1,348,819
6,262
71,224
43,596
545,991
65,853
465.510
377,422
8,766
232,362
220,163
27,513
797,014
761,871
605,780; 3,533,338 3,307,217
53,045 1,826,!?94 1,831,066
1.605
19,012
23,861
7,333
196,412
124,448
5.753
91,232
56,9:3
126,779
798,273 1,031,753
78,886
431,443
437,088
3,530
24,029
21,829
53,496 1,568,600 1,502,432
10,327
304.929
276,170
4,883
148,310
146,199
68,506 2,018,144 1,921,730
417,339 12,473,287 12,087,870
67,008 2,375,014 2,285,614

Rock A Mem 2d wk Aug
Long Island
ItbwkAug
Louis.AMo.Riv June
Louis.Ev.ASt.L. 3d wk Aug
Louisv.ANaahv 3d wk Aug
Lonis.N.AACh. 3d wk Aug

—

Louisv.N.O.

AT 4thwkMay

wk Aug

Memphis A Cba> July

wk Aug
3d wk Aug
Wk Aug 20
3d wk Aug

{Mexican Cent..
tMex.Natioual
[Mexican R'wa.x
Milwaukee A Nil
Mineral Range..
Minneap. ASt.L.
M.St.P. AS.8.M.

3(1

.

July.. .
Juij....

July

Mo.Kan.AToi.t 3d wk Aug
Mo.Pac.AIronM 3d wk Aug

A Ohio.. July
April
Nash.Ch.A8tl-.. luly
Mobile

MontereyAM.G
N.Jersey

New

Orl.

81,,515
40,,083
1,540,,811

,020
124i,393
34,,563
33,,554
414,,190
71,,580
55,,788
13,,28'

103,,437
160,,710
82,,923
37,,911
35,,923
11,,298
173,,676
284,.397
208,,490
579,,000
243,,840
57. 970

430,,833

A N.Tf. June

A So'n

40,,151
o,,882
3,,347
87,,938
17,,275
22,,471
8,,179
6,,2-0

Aug

L.

Lou.St.L.&Tex 3d

72,,145
37,,8'
42, 735
2, 602

J'k'nv.T.AK.W. July
Kanawha AMict) 3d wk Auff
Kan.C. Cl.&Sp 3d wk .'Vug
K.C.F.S.&Meni. 3d wk Aug
K.C.Mem. ABir. 3d wk Aug

Lehiuh Valley.. June
io

1892.

1891.

Tr.— Cont.-

.

LaUtl Eamingt

Jan. 1

10 Latest Dal*.

BOADg,

Iwxrjestmjetit

26,,84':

July

,185

r/lN.V.C.AH.K July
3.793i,039
2,784,,659
S. Y. L.E. AW. July
N. Y. Pa. A Obld June
3t»9,,742
N. Y.AN.Eng. June
ANorth'u.
July
N. Y.
56^,883
N. Y.Out. A W.. 3d wk Aug
77,,968
N.Y. 8u8(i.A W., July
Norf. ASouth'n. June

160,,436
42,,669
3d wk Aug 220..889
41,,224
June .....
July
587,,686
3d wk Aug 496,,104
Wis. Ct. Linos. 3d wk Aug
121, 339
N.P.AW.Cent. 3d wk Aug 617,,443
3d wk Aug 113,,715
Ohio A Miss
Ohio Klver
3d wk Aug
21,,025
46,,729
Ohio Southern.. July
Omaha A St. L.. June
48,,268
349,,200
Oregon Imp. Co. June
Pennsylvania .. July
5,578,,672
PeonaOec.AEv. 3d wkAug
19,,589
June
Petersburg
48,,335
419,,927
Phila. A Erie... June
1,881,.253
ehila. A Read'g July
CoalAIronCo July
1,835,,499
,752
both
Cos.
July
3,716,
Total
1,310,,928
Cent, of N.J. July
Valley
June
Lehigh
1,540,,811

NorfolkAWeat..
N'theaafu (S.C.I
Nortb'n Central.
Northern Paoiflc

Mar. &Ch. July
Pitt.Shen.AL.E. July
Pittsl). A Wesfn January...
Pltts.Ciev.AT. January...
Pitts.Paiu.AF. January...
Total system 3d wk Aug
Pitta.

Pitt. Young. AA. 'July
Aug. June
Pt. Royal

A

Pt.Koy.AW.C.ii. June

r.

feluincyO.AK.C. 'July
Rieh.ADanville. January...
Vlr. Midland.. January...
Ohar.Col.AAu. January...
Col A Green V. Jauuar.v...
West. No. Car. January...
January...
Georgia Pac
Wash.O.A W.. January...
Ashv. A Spart. Januiry...
Total Sya'm. July
.

A Petersif.

St.i'auLADurib
San Ant.A A.P..
Sandersv ATeu.
B. 1 ran.AN.Pao.

July

8aT. Am.

Au^
;

Aug

July
2d wk
July

Bav.Fla.A West. |M.av
July
Bllvertou

68, 300
71,,600
63,,500
182,,900
9,,720
11,,700

947, 430
13, 223
60,,700
11, 021
31. 720
2,,466
88,,700

392

Aug

18, 769
47, 974

207, 273
10, 000

BlouxCityANo. June
June
South Bound

37, 776
14, 305
87, 700

I

.

South Carolina July
8o. PaciHo Co.—
Gal.Har.AS.A. June

June
Morgan's LAT. June
N.Y.T.AMex June
X'ex. A N. Orl. June
Atlantiosya.tt. June
Paciflo .system June
Total of all.. Juro
8o Pao. itR.—
Coast Div'Cal.) June
Sou. DlT. (Cal) June

21, 204

432, 900
141, 500

203, 357
107, 037

June

AMou.

.

Aug

wk Aug

3d

116

31, 720

June

Rio Ur'de South 3d wk
3(1 wk
Rio Gr. West
Sag.XuscolaAll. July
Bt.L.A.AT.U.BV 3d wk
St.L.Ken'et&Su July
St.L.i:outbw'iu

15,

51,,751
118,,814
13,,458
16,,223
13, 000

Pie.s.itAriz.C'en. Ijuly

Rich.

2, 253

33,,812
94,,819
38, 047

S
26,997
2,861

730, 627

825,016
72,896
103,406

6,573, .482
591, ,127
045, 806
7,810, 414
77, .700

19,

403

,001,318
13,295
7,153
50, 003
,501,856 10,584, ,527

51,180
69,022

259, 813
2,155, ,741

9
716.671
20.989
5,134,403
487,842
725,865
6,348,110
88,699
37,449
10,063.149
260,166
2,191,251

33,535 1,136 ,185 1,015,088
20,680
2,359
19, ,244
489,322
506, ,863
39,826
194,637
231, 524
5,797
184,770
194 ,143
5.594
79.614 3,042, ,04 8 2,819,919
65<', ,232
697.358
19,723
158,548
182, ,390
22,284
241,484
237, ,122
8,299
40,693
45 743
5,719
65,433 2,113, ,936 1,991,496
238,556
37,472
243 ,769
1,516.720
336 ,639
383,461
12,586
113.185 2,923 .938 2,788,173
190,987
203, 040
36,399
936,474
838, ,813
35.486
402,4 -21. 13.260 ,209 12,278,669
66,470 1,981, ,673 1,718,341
72,337 1,423 .762 1,483,424
311,948
403 ,374
11,071
77k: ,057
838,099
124,733
137,349 4,897, ,25(1 4,428,156
2,635,801
.223
83,642 2,634
67,381 1.963, ,897 2,620,296
35,814 1,044, ,392 1,031,3.35
78,763
15,19.=)
76, .263
896,917
151.831 1.080, 949
206.136 1,661, 415 1,150,103
177,452 5,548, 183 5,430,245
514,000 16,110, 000 14,891,000
266,333 1,893, 897 1,978 862
293,593
297, 661
72,85.1
330.454 2,912, .984 2,398,759
130,429
143, 354
28,592
97,093
75, 548
11,503
3,713,430 25,176, 848 23,823,874
2,818,392 17,577, ,862 16,604,316
581,826 3,386, 685 3,142,828
2,906, 004 2,918,416
232,074
302, 826
47,688
65,927 2,182, 239 1,877,938
910,683
930, 570
157,705
223, 363
268,451 6,032, 70! 5,617,323
422,958
363, 918
44,515
566,194 3,916, 165 3,741,797
447,423 13,998, 9u0 14,061,370
120,042 3,318, 079 3.149,607
567,465 17,516, 980 17,210,976
105,663 2,391, 754 2,593,241
414,963
436, 234
16,267
306,160
344, 490
47,673
217,310
39,87"
271, 928
1.863,745
329,443 1,823, 180
5,679,782 38,274, 124 37,153,193
551,132
528, 926
17,339
280,957
287, 768
42,847
468,276 2,326, ,748 2,289,387
1,936,874 12.660, 780 11,881,678
1,879,463 12,019, 446 10,316,284
3.816,337 L'4,685, 226 22.197,963
1,334,528 8,051, 141 7,839,796
1,546,720
25,087
22,,514
4,217
166,291
207,,306
34,573
107,049
94,,819
107,049
29.371
38,,047
29,371
15,589
15,,116
15.589
1,384,413
,939
1,504,
47,623
606,531
840,,186
184,132
193,441
116,,892
19,792
212.283
133,,128
21,633
75,016
,397
74,
16,830
141,357
149,,210
18,619
526,900
,900
432,
526,9001
183,300
141,,500
183,3001
95,700
68,,500
95,700,
90,900
71,,6U0
90,900
82,500
63,,500
82,500
108,300
182,.900
168.300
9,900
9,,720
9,900
14,000
11,,700
14,0u0
7,705,829
1,107,020 6.986,,986
168.848
178,,772
29.457
143.459
389,,901
6,090
53,900 1,598,,297 1.539,633
54,250
61,,473
9,046
850,045
884,,523
24,670
11,657
20,,229
1,815
78,000 2,536,,997 2,431,215
903.173
157,038 1,056,,143
722,276
639,,196
137,830
3,428
3,,114
608
490,113
502, 295
20.086
268,056
279,,186
36,170
231.647 1,373,,143 1,500,799
52 620
38,,201
13,541
212,149
195.,644
33,444
83, 701
833.569
754,,353
114,717

932,626! 5,845, 90.
3,058,993 3, 119,354' 16,265, 525
3,960,473 4,051,980 22,1 1 1, 425
997, 238
3,581, 683

969.S65
3,042.617

337,215
74,736
371,942
18,731
128,703

2,066, 149
490, .-,^17
2,349, 822
98, 094

787, 585

901,479

.

1891.

2,023,876
449,872
2,593,112
N6 426
740,413
5,933,896
10.677,t36
22,611.532

324,59)
74,665
356,273
16,621
126,243

Louis'a West..

1892.

204,643
594,715'

208,615
515,240

Skptbmbeb

8,

THE CHRONICLE.

1893. J

LaUtt Earnings Seporltd,

Jan.

BOIDS.

1 lo Latetl Dale.

8o.Pao.nu.-Co;i
Arlsona Otv.. Jane

Hew Mez. DIv Juno
Bpar. Un. * Col Jiinn

...
...

1893.

1891.

1802.

«
171,166
82.430

•
154.171
82.8SH

o.^g.sos

1801.

502.030

...

«.U1

8.6.28

52,9 10

R. T. Ji ly....

155.103

BtonyCI.ACMt.. Tuno ...
Bammlt Brandt. July....

.5.674

014,133
14,193

IkI.

.lulv....

5.0 te

113.707
5.492
111.003
79,65
191.537
10.107
119.390
3.218

July....

02.388

84,7.56

8,121

0.004
31.297

90,1)38

L.yken« Valliij July....
..

80.108
180.016

renn. Mtillnnd.. ,Iulv....

l.'S.lS.i

Tot'l liolh r'D'H .Inly.

Teiu

JkPaolttu

.<(!

rn.8.Val*.\.\V
r<)l.

A.

A.A

M

N.

A

Col.

ri>l.

Ciii.

:i(l

fol.AOIilDOtiut
Tol. P. A vv«m..

III

ill

wk

Allg

101.216

wk Auk
wk Auk
wk iu)f

32,893
21,000
75,450
2,570
36.S21

»ol.8t. L. AK.n ItliwkAuK
Tol.A8(i. llaveu July...
Ulster A Del.... .luun

Onion
Or.

A U.N. Tunc

604,991
411,633
510.002
35.812

..

743,2.'0

580,079

«
907,187
511.314
01.007
591.899
13,070
7^8,401
344,315

'^hesaDeakoAOhlo.nJuly

877,216
1 to Inly 31... 5,079,790
Burl.AQiiin.b.July 3,214,130
Jan. 1 to July 31... 2 1, 450,970
Calo. M.ASt. Pnul.a.July 2,716,900
Jan. 1 to July 31. ..17,417,472
lack. Tam. A K. W..Jiily
40,131
Jan. 1 to July 31...
30U,803

3,975,574
24.450

18,3ilO

3,741,407
27,041
617.332
203,687
951, 1 17
003,632

62.039

l,35-4,220

2,781

14,539
171,233

1,230,991
15,447
158,101

3,291,931

3,702,180

LoiiUv. ANashv...bJuly 1,831,271 1.800,791
Jan. 1 to July 31. ..12,003,819 11.053,144
Lontiy.N.Alb. A C.a.June
285,175
339,299
.Jan. 1 »o June 30... 1,499,440 1,271,954

792,199
502,059
52,580

.V.Y.L.E.AWe9tern.cJuly 2,781,659 2,813,302
Jan. 1 to July 31. ..17.577,302 10.0 '4.310
Oct. 1 to July 31. ..25,777,591 24.209.114
Xorfolk * West'n.«..July
801,161
700,776
Jan. 1 to July 31... 3,385.143 5.038,716
Northern Central. b. July
337.836
50J.194
Jan. 1 to July 31... 3,910.163 3,741,797
.VorthcrnPaclflo...bJuno 2,060,069 1,895,332
Jan. I to June .10... 10.409,923 10,703,931
July 1 to June 30. ..24,001,457 23,131.514
Wig. Cent, lines.. b Juno
517.882
42ii.527
Jan. 1 to June 30... 2,012.390 2.320,648
July 1 to Jkiue 30... 5,343,90 4 5,2 43,714
Tot. both Co.'s...b.Tune 2,577,931 2,322,359
Jan. 1 to June 30. ..13,0">2, (10 13,030,378
July 1 to June 30. ..30,205,421 30,397,258
320,516
330,383
Ohio A .MUsisslnpi.aJnly
Jan. 1 to July 31... 2,270,140 2,235,865
249,707
219.550
Rio Grande Weat'n b July
Jan. 1 to July 31... 1,417.407 1,390,033

002,395

1(10,991

(;blo.

.593.223

210,220
895,.i33

6S0.8S0

I

•I

I

I

.

.

We«tVlr.APltt.s.i.May
;<il

A

30,100
29,281
53,176
5.162

wk Aug

Juno

Wrtghtav. ATftn. Liuly

11,430
26,785
58,003
0.244

897,725
413,336
38,076

KiKures cover only that pan of mlloaKe located In South
elvftn aces on whole Jacksonville Southeastern
Kansas city A Paoillo Included In both years, d Includes
J
trom ferries, etc.. not given separately. ; Mexican ourrenov
Include Rome Watortown & OgdensbucK.
•

t

Earnlnss

Gross

Latest

earningrs

by

Weeks.—The

e&rnins^s in the foregoing table are separately

latest

Carolina

'^

as

1892.

Prey'ly report'd 36road8
Atota. Top. A 8. Fe

5,583,366

5,091.831

088,913
31,566
147,221
30,938

650,112
27.123
137,675
26.408

60,37:
105,125
69.396
40,610
16,120
134,352
21,838
318,904
32,83t
49,041
14,093
3,337
24,006
20.828
56,233
49,235
52,735
10,393
4.718
72.113
5,882
5,347
87,939
17,275
8.179
82,923
57,911

59,991
82.332
07,00^
37,011
16,350
112,443
20,300

9

1

Roads J'tir owned >9..l
Louis A 8. Fr
Roads J'tly owned «.

fit.

A

Salt.

Ohio Sonthweat'n

CbloaKO

A

Kast. Illinois..

ChloaKO AOranrt Trunk.
Ohlcago A West .Michigan

<31ncinnall Jack. A .\taok
01n.N.O. AT. Pac. (5 roadsj

Olere. Akron

A Columbus
A St. 1...

<3l6Te. Cln. Chic.

Peoria

A

Eastern

Colorado .Midland

OoL Shawnee A Hooking
Current River
Detroit Gr. II. A Milw...
i>etrolt I.ans.A Northern
Dalutli So. ah. A Atlantic
Flint A Pero -Marquette
Grand Rai)ld.s A Imliana
Cincinnati R. A Ft. W..

Other 11 II 08

Intemal'l ,tGt. North'a!

Kanawha A Michigan

Kan. City Clin. A .Spring.
Kan. City Ft. M. A .Mom..
Kan. City Mimu. A Birm
Keokuk A Western
Mexican -Siitioual
.Mexican Railway
Ohio A Miasissiupi
Ohio River
St. Joseph A Ur. Island..
St. L. Alt. A T. H. Br'oues
Toledo Peoria

11.5,715

21,025
35,812
31,720
21,900

A Wesl'o..

Total (76 roads)
Ket Increase (8 07 p. o.)

8,130,531

1891.

Increase.

*

7,891

9,001

.

3,810

741

Gross earnings
Operating expenses and taxes

08
163

3 073
85

A

,

•£

AS. Fe.b....July 2,94;" ,007 2,81.-(,535
Jan. 1 to July 3 1... 19,007,650 17.ect0, 838
R'd8j'tlyown.(ia) bJuly
145.653
127,313
Jan. 1 to July 31... 1,020,307
973,401
Total Atch. syi.b.Julr 3,088.000 2.045,378
Jan. 1 to July 31... 20,037,023 18,664,290

At. T.

8t.L.A SanFr..b.July
Jan.

1

to July 31...

IJl'dsj'tlj own. (>a)b July
flC Jan. 1 to July 31...

1.50,334

772,014

875..538

3,017,727 1,333,415
1,239,009
706,594
3,003,480 4,703.514
12,332,819 12,099.587
82,626
76,594

434,006
95,579
491,306

615,077
103,971
489,314

1891.

1892.

'ft

4

jft

280,077
1,000,300

335,281
581,779

795,186
5,560,303

1891.

Net earnings

2,430
12J

S

$

875.134
051,500

7.'iO,709

232,857

223,934

153,163

180,000
73,3 iO

130,000
77,986

253,396
29,112

237,986
104,833

Total

719

Deflolt...

9,470
10,052
4.758
13,801
7,030
3,310

1891-92'

397,546

Newburg Dutchess & Connecticnt.
(For

From

the year ending June 30, 1893.^
reports to the Railroad Commissioners of N. Y. the

following

93,926

is

compiled.
1889-90.

1390-91.

$
193,519
137,745

£
175,909
145,672

15,774

30,237

320

280

245

46,100

30,517

41,373

11,100

10,500
4,931
6.102

11,300
0.612
5.^64

21,553
8,964
OKNERAL DALANCB 3IIB&T JVSK 30, 1392.

23,776
17,597

fol-

Gross earnings
Operating expenses

full

Neteamlngs

Nel Earnings,
1892.
1891.

S

1890-91.

S
812,231
589,371

Interest on bonds
Boutals, eto

8,324

693,044
007,718

1889-90.

Det.luel~

247

07,381!

Gross Earnings
1802.
1801.

1,023,983
4,129,910
10,433,092
215,625

KABXINOS, B.XPEM3ES AND Cn\ROE8.

56

Other income
Total
Inl«r«it on bonds

Other
Taxe*

.

interest,

&o

409
5,912

.

Total
Surplus

ft

968.131
837.316
5,521,911 5,293,768
17,700
do f. 5 27
173,393 d*r.l2,S8l
935.831
830,788
5,695. ;;05 5,282,384
607,520
584,158
202,911
242,753
3,717,250 3,62?,272 l,43'-,354 1,412,468
143,297
121,937
20,979
2,383
1,008,168
953,761
184,325
2,170

1891-93.
»
178,^05

132,377
41.128

Deduct-

m

.

8,331,392
352,923
1,502,980
168,293
990,033

:

3,3;) 1

1,15;

detailed statement, including aU roads from which monthly
returns can be obtained, is given once a month in these
columns, and the latest statement of this kind will be found
the CHRONICLE of August 20. The next will appear in the
issue of September 17.

„

'5,018,874

Colnmbia & Greenville RR.
(For the year ending June 30, 1893.^
The receivers of the Richmond & Diuville RR. hive furnished the Chronicle with the resuli; of operltioa^ oa the
Columbia & Greenville R. R, in 1S91-93 as below givdn

1.532
12,701

Net Earnings Monthly to Latest Dates.—The table
lowing sliows the net earnings reported this week. A

R6tt(i4,

104,490
479,001
'933,025

ANNUAL REPORTS.

4.9 8.

7,528,913

4,0;J8,035

725,313
4,233,138
12,841
22 1,576
091,201
4,050,716
00,314
197,434
•1,102,031
•3,728,870
•3,290,726
278,504
1,000,448
165,423
1,123,342
616,200
3,935,001
10,211,143

224

428
217

18,390

S
810,000

'
Jan.
1 to July 31... 3,670,000

0,106

16,207,
21,03ll
24,070!

Roads

CUo. Burl. AQuin...July

13,007
3,120
20,997
20,881
55,128
53,043
53,4je
10,327

103,663

439,322

1892.

48.011

39.47.)

69,072
5,797
5.394
79,614
19,725
8,299
83,042

861,3.50

5,270.954
5.774
227,392
636,»02

report charges for interest, &c., with the surplus or deficit
above or below those charges.
'-iHter't, rentals, rfc.-, ^Bal. of Nel Eami.s

Decrease.

S

306,263
41,851

2,300,5.52

14,017,350
39,820

Interest Charges and Sarplas,- The following roads, in
addition to their gross and net earnings given above, also

statement for the third week of August shows
6-07 per cent gain on 76 roads.
final

3d vtek of August.

230,709
1,129,43/
1,130,467
0,148,083

given arc after deducting taxes.
b Net earnings here given are before doauotiiig tt.tos.
c Net earnings are here given after deducting taxes on property.
•After deducting proportion due roads oporitol on a percentaga
basis, net in July, 139i, wis .6731,317, against $313,071 In 1391,
January 1 to July 31 $1,173,418, ag,ainst .f l,30d,772, and October 1
to July 31 $6,173,891, against *6,174,483.

weekly

summed un

301,790
1,271,560
1,096,077
0,760,900

a Net carnlnns hero

Syatom.
earnings
^Figures

follows:

Our

864,112
4,879,535
2,701.495
17,531,031

Jan.

1,272,770

36,016

.

.

Or.Ry.AN.Co. .luiic ..
438,6)1 1,900,475 2,571, l:):i
On.Pac.D.AO. Iun« ..
462.000 2,71H,019 2.474,560
atJo.AOMIal. 3il wk Aug
21.9M
727,20.)
499,870
Ulotb. Un«a.. June
2.037,3021 i,S31.-200 10,538,150 9,802,195
TotuU.l'.Sya. Tuno
3,7.')6.77:)'3,417.786 19,077.516 18,915.805
'«nt.Br.AUL. Juno
109,437!
51,123
005.082
300,985
Tot. ooui'led uuo
3.866,209 3.498,909 19,63'2.398 19,222,700
Hontiiua Un.. June
103,116
40.072
553,665
394.877
£*»v.T<ni. A 8. Juno
2,437
2.476
lH,12Si
14.151
Uan.AI.A Bur. Juno
2,825
3,11S
19,557,
19.82.)
Jolnt.owii'd... .luno
108,407
5l,66tl
591.350,
429.147
Granil total. Juno
..3.920.4,13 3,524.7.H 19,978,27-1 10,437,361
Tarmont Valley Juno
17,107
15,823
80.029
82,563
Vabasb
3il wk Auk
317,000 303,000 8.497.5201 3,2.53,26
West Jersey
Juuo
151.607 140,666
711.610
092,736
W.V.Cen.APltts. July
8.J,680
85,970
618,1181
633.413
Western of Ala. luufl
37.124
35,450
22«,584
203,213
WestN.Y. A Pa July.
299,500 333,8 S9 1,912,019 2,009,602
^
WIieellnK<fe t.. E.
WU. Col. Aug.

.

l,33i),108
li>2,710

Pa»iitl<<—

8. L.

Gross Kartiinas.
Nel Karnings.^—,
1892.
1801.
1893.
1801.
Roads.
%
$
$
*
TotS.LAS.F.flys.b July
730,817
708,003
383,810
315,341
Jan. 1 to July 31... 4,72.5,117 4,576,033 1,010,078 1,414,639
AgneKato total. b.July 3.839,479 3.051,873 1,209,050 1,082.12
Jan. I to July 31. .24, 702.119 23, 2l0.:t23 7,314 082 6,007,523
C»nadlan Pacific..*. July 1,790.005 l,e80,5')2
081,943
603,431
Jan. 1 to July 31. ..11,018.584 10,712,0.50 4,004,427 3,610,943
.

WMkorMo

BUt«u

371

•

17,731
28,379

Assets,

Cost of road
("o.Ht of equipment...
Real attate

.*2,531,401
58,169

Cash on hand

Open aceuunts
Supplies and taaterials.
Due by agents

1,223

19,137
10,903
17,817
1,0 3

LtabUiHes.
Capital Stock
$1, 100,000

Funded debt
I.o.tns and bills payable
Open accounts
Auditel vuuchor.4, Ao..
Rshl estate inortga.gos.
Profit and lo« (surp.)..

1,

390,300
10,000

025
10,095
65,000
93,515

)

Total

;...3,670,034^

Total

$3,670,024

.

THE CHRONICLE.

372

Betterments were |5,771.
GENERAL BALANCE SHEET JUNE

Dankirk Allegheny Yalley & Pittsburg.
("For the year ending June 30, 1893.^

From reports to the N. Y. State RR. Commissioners
lowing is compiled
EARSINGS, EXPENSES AND CHARGES.
Gross earnings
Operating expenses

Net earnings

1890-91.

1891-92.

$

$
265,603
194,457

278.893
195,160

Deduct—
Taxes
Interest on bonds

$

38,140

71,151
5

83,713

38,140

71,156

83,855

j,„
y,ooo
203,000

10,493

203,000

9.780
203,000

Other income
Total

142

212,075
128,220

213,493
142,337
GENERAL BALANCE SHEET JUNE 30, 1892.
212,583
174.448

Total
Deficit

tlie fol-

1889-90.

?Qc'qI?
i.no,aiii

Cashouhand

^^'lon
'* S
12,007
8,516

Open accounts
Materials and supplies.
Due by agents

,

$4,580,973

Total

242,463
22,701
115,809

Miscellaneous

and

loss (sur.) ...

Gross earnings
Operating expenses

NetearninKS
Otlier income.;

Total

Rentals

1891-92.

$145,433
112:927

$158,267
124,247

$159,387
129,820

$32,503
37,9 29

$34,020
38,844

$29,567
40,390

$70,435

$72,854

$70,457

„

$62,524
7,915
2,522
13,000

$66,100

$74,854
$4,119

Total
Deficit

GENERAL BALANCE SHEET JDNE

7.038
4,030
13,000

$90,218
$19,761

$85,991
$13,127
30, 1892.

A KSf.fjt

lAabililies.

^.. $1,003,746
Cost of road
129,327
Coat of equipment
420,000
Bonds of othei comp's.
15,242
Caeb onliand
21,933
Bills receivable
18,946
Open accounts.
110,232
Profit and loss (def.)...
210
Due by agents
907
Materials and supplies

Capital stock
$250,000
Funded debt.
1,016,000
Interest on funded debt,

$1,720,552

Tetal

due and accrued
Rentals unpaid
Open accounts

Income bonds

29,990
6,500
7,777
250,000

Audited voucliers and
pay rolls
Loans and bills payable

4,484
155,800

Total

.$1,720,552

& Harlem

(4th Are.) Horse KR.
fFor the year ending June 30, 1893.^
This company has reported to the State RR. Commissioners
as below. The amount spent for betterments was $56,759.
EARNINGS, EXPENSES AND CHARGES.
1889-90.

1890-91.

1891-92.

Gross earnings
Operating expenses (exclu. taxes)

881,250
639,276

951,692
697,375

1,054,168
768,053

Net earnings
Otberincome

221,974
57,388

254,317
52,142

236,115
50,307

279,3!)2

306,459

336,422

23,651
250,000

27,089
250,000

33,865
250,000

Total

Deduct—
Fixed charges
Dividends (iig per cent)

277,089
5,711
29,370
GENERAL BALANCE SHEET JUNE 30, 1892.
_Afiofiio

738
..'..

Total

1,155,352
79,615

$24,857,887

Funded debt
Div. and int. unpaid

.

payable
Open accounts
Bills

and loss

(surp.).

Total

12 ,005,000
2,029
41,474
10,270
2 ,799,114

"$24,857,887

('For the year ending June 30, 1893..^
This road has reported to the New York State Railroad

Commissioners as follows

the year ending

lowina;
$60,680

is

Gross e.tmings
Operating expenses

(excl. taxes).

June

30, 1893.J

1889-90.

1890-91.

423,686
240,733

$
549,772
406,544

1891-92J
$
614,936
461,248

182.953
8,778

143.22S
2,339

153,688
2,430

191,731

145,567

156,118^

51,417
97,210

120,913

133,551

120,913
24,619
GENERAL BALANCE SHEET JUNE 30, 1892.

133,551
22,567

118,657
43,074

Total

Balance

1890-91.

s

Assets

Liabilities.

and

Profit

loss

(defi-

78,444

ciency)

1891-92.

$

171,953
1 59,797

182,782
181,141

178,616
161,374

12,156
1,067

1,638

17,372

13,222

2,593

17,87*

3,955

3,850

258

446

3,81S
1,490

7,826

7,529

&885

Total

$5,422,529

Total

Central Park North

&

$5.422,529'

East Rivers (Horse) RB.

CFor the year ending June

30, 1893.^

reported to tlie N. Y. Stite Railroad I
This company
Commissioners as below. Betterments duiing the year cast f
lias

$14,877.

EARNINGS, EXPENSES AND CHARGES,
1889-90.

1390-91.

$
768.837
Gross earnings
Operating expenses (exclud. taxes).. 557 ,942

$
778,012
576,525

1891-92,
$
813,317
591,975

210,895
11,743

201,437
13.064

221,342
13,570

222,638

214,551

231,912

Dividends.

128,445
54,000

126,762
72,000

102,186
85,500

Total
Surplus

182,445
40,193

198,763
15,789

187.686
47,226

Net earnings
Other income
Total
Dcd>ict—

Fixed charges

GENERAL BALANCE SHEET JUNE

Other interest

Taxes

.i

12,039
1,183

Other permanent
vestments

in-

5,110
70,495
90
120,8

Cashonhand
Open accounts
Profit

and

loss (def.) ...

$1,800,000
1,206,350

Capital stock
Funded debt
Dividends unpaid..
Open accounts.

146
238

1

$3,006,734

Total

$3,008,734

Broadway (Brooklyn) Horse Railroad.

From

ear ending Jane 30

the

1893.

)

New York

State Railroad Commission
Betterments for the year were

reports to the

ers the following is compiled.
$10,767.
EARNINGS, EXPENSES
1889-90.

AND CHARGES.
1891-92.

1890-91.

$
426,775
328,135

Gross earnings..
Oper. expenses.

356,703
290,098

394,071
314,192

Net earnings

66,605
2,617

80,482
3,231

98,640

69,222

63,716

102,606

15,007
17,500

15,461
17,500

15.603
17,500

p. o.)39,375

(8 p. c.)42,00O

Other income

Intereston bonds..
Dividends
Total.
Surplus...

955

11,815
def .9,232

30, 1892.
Liabilities.

"....$2,359,537
Cost of road
450,630
Cost of equipment

(5 p.

o.)26,250

(7>ii

3,966

75,103
27,503

72,336
11,380
GENERAL BALANCE SHEET JUNE 30, 1892.

58.757
10,465

Liabilities.

Assets.

Total

Deduct—
Interest on bonds

I

'....$5,095,153 Capital stock
Cost of road
% 2,500,000
232,263 Funded debt
2,725,000
Cost of equipment
Interest on funded debt,
Lone Island Land Feraccrued
flue
and
24.000
1,500
tilizing Co. stock
54,863
1,096 Open accounts
Cashonhand
Real
estate
mortgaires.
100,000
3.763
Open accounts
18,666
10,310 Wa^es and supplies
Supplies on hand

Total
1889-90.

Total
Sorjlus

CFor

Deduct—
Taxes

EABNZN08, EXPENSES AND CHASGBB.

Net earnings
Other Income

Nicholas Aye,

reports to the State Railroad Commissioners the f olcompiled. Betterments for the year amount to

CFor

$10 OOO.OOO

Harlem Bridge Morrisanla & Fordham (Horse) Railroad

Gross earnings
Operating expenses

St.

From the

283,865
55,577

Capital stock

Profit

&

(Horse) RR.

Liubilities.

$22,100,587
1,500,380
Long Isl.LandFert.Co
6,000
Cash on hand
15,215
Bills receivable
Open accounts
Supplies on hand

Forty-second Street ManhattanTille

Total

273,651

Cost of road
Cost of equipmeiit

$491,481

$491,481

Total

TotiU

1890-91.

$57,890
2,510
2,924
11.500

Taxes

Total

Deduct —
Fixed charges
Dividends

1889-90.

Deduct—
Intereston bonds
"
••
floating debt

Total
Surplus

individuals.

$350,000
76,000
51,000
11,481

$4,580,973

Total

compiled

N. Y.

Materials on hand

Net earnings
Other income

reports to the N. Y. State R. R. Commissioners the folis

Loans payable
Profit and loss (surplus).

2,((00,000

Prospect Park & Coney Island.
the year ending June 30, 1893.^

From

Open accounts

Due from

Funded debt

2,409
5,564
4,312
2,720
29,662

EARNINGS, EXPENSES AND CHARGES.

Funded debt
Loans and bills payable

fFcr
lowing

Advances
Gush on hand

30, 1892.

Liabilities.
Capitftl st05k

$403,236
43,578

$1,300,000

Capital stock

Profit

'.

Cost of road
Cost of equipment

Liabilities.

Assets

'....$4,278,531
Cost of road
262,72o
Cost of equipment

[Vol. LV.

Cost of road
Cost of equipment

Cash on hand
Bills receivable

Openaccouuts
Supplies on hand

,.$559,619

329,340
35,378
21,900
1,513
15,733

$•'525,000

Capital stock

Funded debt

^^"'SSS

on funded debt

Int.

^'ina

Miscellaneous

^*''7>n«

Wages and supplies
Profit

and

loss (surplus)..

.§'o,R
59,d40

13,688
def,S.S84

Total

$963,494

Total...........

$363,494

SEPTEMBBK

THE CHRONICLE.

1892.]

3,

GENERAL INVESTMENT NEWS.
Called Bonds.— CHICA.GO & Western Indiana RB.—The
following bonds have been called for payment
Boua»Diiiul>cre<n9. 20, 80, 149,404 407, 1309,1375,1404, 147.'i.
15'i8, 1535, i:>ll, 1845, 1551, ISGfl, 1S72, 1881, 1685, 1058, 10-J)>.
1780, 1821, is:t7, 11)17, 1!»4(!, 1970, 2105,2116,8131.3181,21(^8,
2198, 2:107, 2i;l8, 2303, 2313, 2322, 2411, 2458. 2518, 2530, 2'>tl(l,
25S9, 2090, 2(iyi, 2733, 2737, 2810, 2820, 2833, 2834, 2803,2808,
2922,297,5, 3010. 3012, 3032, 3238, 3240, 3200, 3272, 3278,3281,
3299,
will be redeemed on November 1 next at the office of Messrs.
Drexel, Morgan
Co., New York, at 105.

&

—

Central of Now Jersey. In obedience to the orders of
Chancellor McGill, this company has formally taken possession of its property. President J. R. Maxwell, of the Jersey Central, issued the followinjt general notice
" An injunction of the Court of Chancery of New Jersey having been issued and served this day, enjoining and restraining
the Port Reading Railroad Company from using or operating
the railroads and other property of this company and commanding and directing this company to resume control of all its
property and franchises and the performance of all its corporate duties notice is hereby given that this company has this
day, pursuant to the commands and directions of said in:

—

junction, re-entered into the possession of all its railroads
and other property heretofore demised to the said the Port
Reading Railroad Company, and that from this date it will
run and operate all its railroads and all their appurtenan ;es."
The full list of executive, operating and other officers is
officially

announced.

Cincinnati Hamilton & Dayton.— The proposition to authorize the execution of a mortgage supplemental to the general mortgage dated June 1, 1893, securing the issue of $3,000,000 general mort>;age 5 per cent bonds, and providing for
the issue of |4,800,000 additional to be used in retiring and
paying oft bonds, was ratitied by the stockholders of the Cincinnati Hamilton & Dayton at the meeting called for the purpose at Cincinnati, August 29. The vote was 32,422 shares in
favor and 185 against. It is proposed that this supplemental
mortgage shall amend the general mortgage and grant power
to the board of directors in its discretion to increase the issue
of mortgage bonds, the amount not to exceed §7,800,000, the
additional $4.800,00i) bonds to be used solely for retiring bonds
now outstanding under the mortgages of 1875 and 1887.

—

Cleveland Cincinnati Chicago & St. Lonis. The comparative statement of earnings, operating expenses and deductions
from income for the years ending June 30, 1891 and 1893,
were as follows
^Year ending June 30.-^
1890-1.
1891-2.
Earn ings—
FreUht
Passenger
Hail
Express
Bents

$

335,979
294,913
245,823

9,129,417
3,824,201
312,672
289.096
232,730

13,134,439
8,704,761
62,699
17,411
23,783
380,338

13,818,116
9,322.831
113.649
Or. 5,291
28,903
378,450

9,193,992
69-99
3,910,416

9,838,542
71-20
3,979,573

2,123,303
469,407

2,293,612
276,532

2,592,7 10
1,347,737

2,570,174
1,409,399
circular has

3,C49,.505

Total earnings

Operating expenses.
Car service
Engine rental
Insurance
Taxes
Total operating erjenses

Operating cost (per cent)
Ket earnings
DedHCiions fnrtn inc&tne
Interest on bonds
Rentals

$
8,608,219

„

—

;

Total deductions from Income
Balance, net lucome

Colorado Coal & Iron— Colorado Fuel.— A
been issued by the Colorado Coal & Iron Company giving
the terms of the consolidation with the Colorado Fuel Company. The facts as to the new company and its capitalization
were given in the last issue of the Chkonicle. The $9,250,000
•common stock which the new company will issue to take up
the §13,000,000 common of the two companies will be distributed, $.5,250,000 to the Colorado Fuel and $4,000,000 to the
Colorado Coal & Iron. The holders of the old stock of the
•Coal

&

Iron will receive in lieu of their present holdings 40

per cent in the stock of the new company acd 60 per cent in
the stock of the Colorado Coal & Iron Development Company.
This latter company will own all the agricultural and town
Iron. It is prolot property owned by the Colorado Coal
posed, prior to consolidation to transfer to the Colorado Coal

&

& Iron

373

'J,3i)0,(K)() tons of coal and coke, three ijuarters producThe yearly increase lias been from
tion of the entire State.
39 to 80 per cent. The sa-nn? on account of the consolidation
should bo 10c. per ton, or $330,000, as well as maintained selling price during the dull months, which would add additional
revenue. There will be $100,000 saved in managerial expenses.

duced

Concord

&

Montredl,

—The

voted to issue 13,000 shares of
offered for this

new

Concord

new

&

stock,

Montreal road hat
rights will be

and

issue.

Grand Rapids & Indiana.

&

—The announcement

is

made by

Co., tiscal agents of the Urand
Messrs. Winslow, Lanier
Indiana Railroad, that they have been informed by
Rapids
the
company
that, owing to the unexpected
the officers of
financial outcome of the last six months, the company is unable to meet the September interest upon its 5 per cent general
mortgage bonds. The officers of the company express the
hope that the suspension of interest will be only temporary.
The road is controlled in the interest of the Pennsylvania
Railroad, which guarantees some of the prior lien securities,
but not these general mortgage 5s.

&

—

Lorlllard Co. The annual report of the P. Lorillard Comfor the year ending June 30, 1893, just issued, shows that
the net profits, after ctiarginij out all expenses, including
management remuneration, were $496,313 from this amount
there was paid during the year in dividends 8 per cent on the
preferred slock, amounting to $160,000, and a semi-annual
dividend of 5 per cent on the common stock, amounting to
$150,000, leaving a balance to the credit of profit and loss account of $186,313. The report further states that there have
been no special features to note throughout the past year
affecting the business of the company. It has been a fair
average year, trade has been steady, uniform and undisturbed
by any unusual circumstances, and from the present outlook
every encouragement is expected for an equally satisfactory

pany

;

result for the

coming

year.

—

Louisville St. Louis & Texas. This company p.'-oposes to
fund its indebtedness by the issue of first consolidated 5 per
cent mortgage bonds, which have been authorized for $3,000,Of this amount $2,800,000 will be reserved to retire at
000.
maturity the present firsts. It has been arranged to retire at
once the $350,000 outstanding second mortgage sixes and the

&

Western first mortgage
$630,000 Louisville Hardinsburgh
This will
sixes also the entire Car Trust and floating debt.
leave the property free of all liens outside the first mortgage
and leave a large balance of bonds in the company's treasury
for future requirements. The cost of the 15-mile extension of
the road from its present terminus at West Point to a connecNashville, about eight miles from
tion with the Louisville
Louisville, which will be completed by the end of the year,
will be provided for by the issue of bonds under the first
mortgage reserved in the treasury for that purpose. The
fixed charge'? when these changes are consummated will be
about $240,000. The net earnings for the year ending June 30
were about $260,000 and the earnings for the two months
since the close of the fiscal year show an increase of about 30
per cent over the corresponding months of last year. Arrangements are now being made which will ensure a large increase of traffic.
;

&

—

Minneapolis & St. Lonis. The foreclosure proceedings set
for a hearing Aug. 22 have been adjourned to Oct. 12.
suit begun Aug. 11 by H. H. Porter, owning $3,000,000 of the

A

Improvement and Equipment bonds, asking for a judgment,
has been discontinued.
Mutual Gas (Chicago).—The Mutual Fuel Gas Co. has increased its capital from $500,000 to $5,000,000, preliminary to
applying to council for the privilege of extending its mains
into the city. Its territory is now confined to Hyde Park.
New York & New England. Mr. Parsons, President of this
road, takes a favorable view of its present status, and is quoted,
as saying: " The reports that the breaking up of the New England Terminal Company will be an injury to the New England Railroad Company are not true; on the contrary, the New
England has got rid of the most expensive leech ever fastened
upon it. The New England Terminal Company was a joint
ad'-enture of the Housatonic and New England railroad companies, and was a great burden to both roads. The former
managers of the New England and Housatonic roads tried to
force business over this slow water route, and the result was
that the New England road lost all its business in New Britain,
Waterbury, Danbury and other large places.
The New England road is now fast recovering this business, which now goes
earnings for
the
gross
to New York over the Northern road, and
July this year (allowing for the one less working day) were
about the same as last year. It is estimated that the liabilities
of the New England Terminal Company exceeded assets by at
least $500,000, and when Mr. Morgan offered to take the old

—

Development Company, a corporation already organand all of whose present outstanding stock is owned by
the Colorado Coal & Iron Company, real estate and other
property to the value of $4,970,000, for which amount Colorado boats, floats, etc., and assume all the liabilities of the Terminal
Coal & Iron Development stock will be issued aggregating Company (amounting to about §1,300,000) for $150,000 spot
with stock now owned by the Colorado Coal & Iron Company cash, or sell his halt to the New England Railroad Company
and pay that sum, it took us just one second to decide to pay
.$6,000,000.
The new company will have the following property: 69,000 him the $150,000 and be released from the incubus. The New
acres of land, containing 400,000,001 tons of proved coal de- York & New England Railroad has now three routes into
posits, 800 coke ovens, 15 coal mines with daily capacity of New York, viz.: Via New Haven Railroad from Hartford
or Willimantic, via Northern Road from Brewsters, and
13,000 tons of all kinds of coal, steel works at Bessemer, inThe
cluding 3 blast f umacc;, capacity 300 tons pig iron per day, via its own line of boats from New London.
raU mill, capacity 300 tons per day, bar mill, pipe plant, 30 finances of the New England Railroad are in a better
tons i)er day, iron mines and cash and convertible assets of condition now than at any time within three years, and
#l,316,568.3|LaBt year the companies in the consolidation pro- the increasing business via Newburg, via Poughkeepsie Bridge*
ized,

_

•

THE CHRONKJLE.

374

[Vol. LV.

—

Philadelphia & Readirisr Central of New Jer»i»y.— The
and the Northern Road via Brewsters, bids fair ia the rear
New full opinion of Chancellor MoGill, of New Jersey, having now
future to more than make up for the business which the
Haven-Old Colony alliance has diverted. The combined and been received, we quote a part of his remarks going to esmahcious efforts to harass and to injure the business and tablish the point that the lease to the Port Reading Railroad
false was virtually a lease to a foreign corporation.
He says:
credit of the New England road by the dissemination of
The Attorney-Qener.al fanher urges: flral. that the lease in question
statements and the continued litigation are disreputable, and
efforts Is in re^ility made to a foreign corporation, and, second, thit sucii alease
the men who are bought to lend their names to tuese
"
the is forbidden by t!ie .statute a[ii>rovel May 2d. 18S5. euiitied An Act
are disreputable. The sole object is to injure the credit of
respecting the leisiuor of railroads," except under conditions which do
which
actions
in
the
merit
not
exiwr.
no
New England road. There is
I agree with him in both these propositions.
have been brought, and onlv one has been brounht to a hearEquity looks at the substance, not merely the outward form. The
every
ing, and in it the New England road was upheld ia
transaction of the lathof January. 1892, between the three defendants
way, and the iu junction which had been ordered against it consists, iu form, of a lease between two of them aufl a guarantee ol
Icasi', couplel with a traffic agreenieut to which all three of them
was dissolved ou ihe spot. The worst possible outcome of this that
are parties. Such is the form. But when the fact that a law which in
persecution is the delav of the New England road's develop- its terras prohibits a rea.se to afoieign corporation wiUrmt
legislative
ment. It cannot be prevented, but the present attacks may sanotiou is contcmiilateil. and regard is had to the characters and
relations of the contracting parlies, and to tha tei m.s of the instrument
postpone its progress for awhile."
they Lave entered iito. and the siranltancous execution of tho-se InttruNew York * Northern.— For the quarter and year ending ments. a stilistantial status, differing from the form, is disclosed. Tha
June 30 results as reported to the N. Y. State Railroad Com- statue forbade lease to The Philadelphia cfc Heading Railroad Company, a fordifn corporation, until a law should be enacted which would
missioners were as follows
„ end.June
, ,
30.— approve such a lease, but it dirt not prohibit a lease to a doiripstic oor^Tear
r-Quar. end. June 20.-,
poraiou. The Fhiladtlphia & Reading R lilroad Companv, through it*
1891-92.
91.
1890
189a.
1891.
oflSoera and servants, had nrom ited the organization of ITio P»n Reading Railrimd (,'onipany, under the General Railroad Law of this State,
'Jie
521.
483,427
133.528
132,389
Gross oamlnOT
437,594 for th*» purpose of building and operating a. sh >rt railway in connec109.632
393,009
104,743
Operatmg expenses
tion with its »y stem " * * • "The Central Railroad 'ompdny would
83,622 not lease until The Philadelphia & Reading Company, entering into the
90,418
23,896
27,646
Net earnings
same trans.-iction. and as a party thereto, executed the pap*r called
6,168
384
1,756
Otlier Income
the •guarantee." That paper expressly embodied the lease and bound:
11

I

The Pniladelphia Railroad Company to the virtual execution of it.
Th« lease, so cilled. with the Port Reading Compiiny wis a mere form.
The guar.antee was the really operative and Important paper. Without
Bur.9,359 def.67,994 It the Central Railroad would not be assured of its rental and thetralBo
eur. 6,203 def.27,872
Balance
that was necussary to make the proposed alliance profltalilo, for The
New York Ontario & Western.—The 6 per cent first mort Port Heading R lilroad Company, as a distinct entity, was irresponsiSept.
redemption
called
for
ble and without power to assure traffic. But more than this. The Port
were
this
company
bonds
of
gage
Reading R.iilroad Compauy ia, for all substantial purpo.ses. The Phila1,1892, at 110 and accrued interest. Payment (including delphia
A Reading Railroad Compauy. It is confessedly owned by
coupon No. 16, then due,) is made on nreseatation of the individuals who rei>resent and serve the Philadelphia * Reading. Its
bonds at the office of the company, 56 Beaver Street, until capital stock, save a few shares, has gone, or is ti> go, to a CoustruoOct. 1, 1892. after which the principal and accrued inter- tlon Company which unquestionably belongs to the same interest,"
in the face of inch a situation it is idle to say that the Port
est will be deposited with the trustee, as provided in the mort- KradlngRailriad Company is not in all things, save in its intangible
gage. Intertst on said bonds ceased Sept. 1.
and uiisubstiintial corpoiiite entity. The Phlliidelphia Reading RailComp.any It is only neiessiry to state these particulars to satThe results for the year ending June 30, 1893, compare as road
isfy the mind of Ihe,ji slice of this conclusion." * * • "It Is sticking
follows with 1890-91:
in the bark to say thit lu ihis transaction The Philadelphia & Reading
27.646
21,443

Total

Int., rentals

& taxes

25,651
53,5J3

90, "02

81,443

89,790
157.784

.fe

'**"

.i-

1891-92.

$3,265,417
2,461,136

/HC. t-ilS92.
!t45r),715
3(:5,70l

$654,330
553,890

$801,281
597.262

$149,951
43,372

$100,440

$207,019

$106,580

1890-91.

$2,809,702
Gross earnings
Operating exiienses and taxes. 2,155,372

Net earnings
Charges
Surplus

Norlliern PaciHc— In our editorial columns will be found
to-day an article giving the results on the Northern Pacitic lor
the year endmg June 30, 1892.
Old Colony. The report for the quarter ending June 30 to
the Massachusetts State Railroad Commissioners was a« follows:
^Tear end.June30.~.
,—Quar. end. June 30.-^

—

1891.

1892.

$
Gross earnings
Operating expense",

$
2,295,325
1,732,456

1890-91.

189J-92.

$

$
8,370,447

Railroad Company is not the teal lessee, and thai the iruarantee executed by it is not the real lease. The misnomer of papers and the use
of a nominal entiry as noiniuil lessee doe Miot change the substance
«
*
.
of the transaction with which this Court deals."
*
"It must not be thought that courts are powerless to strip ofl' disguises to thi^art t hi- purpose* of the law. Whenever such ditguiae*
iu fact appear ihey can readily lie disrobed. The oiffloulty is in showing the disguises, not in penetrating them when they appear " • * •
Rubber Trust
combination of the rubber interests of
the country is announced. The new trust will be known as

—A

the New York Belling & Packing Company, the Chicago Rubber Compan)- and the Cleveland Rubber Company. The trust

embraces

fifteen factories.

Texas Railroads.— At Austin, Texas, August 31, the following circular was issued by the Railroad Commissioners of
Texas iu consequence of the recent decision of Judge Mc-

Cormick, of the United States Circuit Court at Dalla.^
"The Weatherford Mineral Wells & Northwest Railway
2,2Si,871 2,118,209 Company, having applied to the Commission for exemption
Net earul cgs
520,263
562,869
28i',107
Other Incoiiie
72,457
372,68:
557,801 from the operation of its tariffs and orders on account of a
notice rec- ived from the Texas & Pacific Railway Company
Total
800,370
635,326
2,304.553 2,«7ri,0IO
Int., rentals, taxes, etc.. 432,495
43V,205
1,714,1!61 1.740,930 and the Gulf i:;oloiado& Santa Fe Railroad Company, that
said corporations will not, under the recent decision of the
Balance
367.875
203,121
889,592
935,085 U. S. Circuit Court, honor joint rates made by the WeatherPaciUc Mail Steamship Company— Panama. -The fift. en- ford Mineral Wells & Northwestern Railway Company in acyear contract between these companies expiies next F. bru- cordance with the tariffs and orders issued by this Commission,
ary. The Pacilic Mail has paid the Panama road $55,000 and this Commission have fully considered such application,
monthly from its suiisidy from the Trans-Continental Asso- it is hereby ordered that until further notice the Weatherford
ciation.
Mr. E. A. Drake, of the Panama road, t-aid '• We Mineral Weiis & Northwestern Railway Company be exempt
are issuing some bonos with the view of probably ex'tnding from the operation of said tariffs and amendments thereto,
our line to Panama Bay and securing other advantages. The and that this onier shall take effect with the enforcement of
company is in a striini; position for an independent service said not lie by the Texas & Pacific and Gulf Colorado and
Theie is 51,500,000 in the sinking fund."
Saute Fe roads."
The Panama Company repona that it carried last year
It is s ipi osed that all the railroads in Texas will soon be
51,000 tons ot freight for the P.icific Mail Company. Of that exempted.
quantity ^2,000 tons comprised IJentral 'A:nerican an i MexUnited States Mortgage Company of New York.- The
ican freight, and the Panama people claim that they ought to
be allowed a certain percentage of all freight emanating followins, for the six months ending Jime 30, is given in addition to our statements published July 30.
from that particular territory.
2.098,877
1,578,614

6,iri8,576

8,738,811
6,620,602

'

:

A

new con ti act between the Panama Railroad and the Pacific
Mail Steamship companies was agreed to ou Wednesday by
the Executive Committee of the railroad company and Mr.
Edward S. Lautcrbach, representing the Steamship company.
Mr. Lauiertia' h said after the meeting: -'We have agreed
upon the terms under which the contract will be renewed for
a year from Feb. 1, 1883, and the contract will be drawn and
executed as sdou as the assent of the foreign controlling interest in the r.iilioad com;)any can be obtaiaed bycaole.
The
contract is lo rui for a year only, because the liquidator or
receiver of the Panama Canal Company, which controls the
railroad, could not make a contract that might outlive his
term

of office.

Setoureet.

June 30, 1893..
f 118,040
670

Mortgages
Ao«rued interest thereon

92,500

Real estate (estiniated valuei
Cash ou hand and at Pai la, France

9 2.486

$404,556

Total
Liabilittes.

1200.000
2,686

rapital atook paid in
Sni.dry coupons and dividends unpaid

Rent and expenses accrued
Dividend declared, payable July

1,

1,600
10,500

1892

$214,736

Total
Balance, nominal surplus

$189,819'

"Under the new agreement the

railroad company makes
important once>BiiLS to the Pacific Mail Steamship Company, and ,.ie steamship company agrees to continue tue payment ot thi- sum ot $55,000 a mouth to the raUroad company
In addition 10 tQ IS payment it has been agreed that the railroad company ^li.,ll have an interest in the Central American
and Mexican busiuess to the extent of one third of the excess
of gross c-arniugs from that businejj during the
contract year
over the average gross earnings from the same source
during
the last five years of the present agreement."

—

The Fidelity Insurance, Trust & Safe D-^pisit Company of
Philadelphia will distribute through the Central Trust Company of New York, on and after Sept. 21. to the holders of
certificates of equitable interest in the stocks of the Chicago
Gas Companies, of record Sept. 8, an amount equal to 1J4 P*r
cent of the par value of their holdings of the certificates of
that
M.

p.

company. The transfer books
and reopen on Sept. 32.

will

close Sept. 8 at

S

Srftbhbrr

a,

THE (;HR0N1(!LK

1803.J

376

COTTON.

(^ommcvcml gimcs.
COMMERCIAL EPITOME.

glxe

Friday, P. M., September

The temperature of the past
STerage, and conditions generally favorable for safe development of unharvested crops. Natural influences affecting
trade have been propitious, but the profjress of business was
seriously retarded by grave apprehensions in regard to the
cholera. The rapid and alarming spread of that disease has
induced our national authorities to declare a twenty-days
quarantine against vessels from all infected ports, and the
conaequont detention of cargoes afloat will, it is feareJ,
result in inconvenience if not loss. The handling of
merciiandise
for ocean shipment in
either
direction
has also become curtailed to as noarly the limit of
actual necessity as circumstances will admit, operators
feeling the propriety of
showing the utmost caution
until danger from the epidemic becomes less threatening.

Speculation has been moderate in all kinds of merchaudise,
with quite a general tendency to liquidate outstanding engagements. At sonie Western points there is complaint of scarcity
of cars suited to prompt movement of crops.
Lard on the spot has continued in slow demand and prices
have declined under increased offerings. The close, however,
was fairly st*'af!y at 7-35c. for prime City, 7-85c. for prime
Western and 8'13c. for reflneil for the Continent. The speculation in lard for future delivery has been dull and values
have declined, owing to the uneasiness caused by the cholera

September delivery
o.
Oototwr delivery..".. .11.0.

Son

8-09
8-05

8-00

7 80
7-79

7'!)8

7 94

7-8i
7-81
7'8i

week and 9,703 bales the previoui
week, making the total receipts since the Ist of Sept., 18f-3,
5,940 bales, against 33,091 bales for the name oeriod of
l891,8howinga denrease since Sept. 1, 1893,of 37,045 baler.
igainst 11.878 bales last

ate«ipt$cU^

EIPmo, Ao...
Raw Orleans...
Mobile

norlda
Savannah

Fri.

in light request and values have further dethe close was steady at $11 25 a$ll 75 for old mess,
$12@$12 25 for new mess, §12 50 for extra prime and $15^$17
for clear. Cut meats have been in better request, but at a reduction of co-ts. At the close, however, the market was
quiet at 7^'a7j4'c. for pickled bellies, 10@12 lbs. averacje
i<fl4® ll?ic- ff J" pickled hams and 6%(iQ%c. for pickled shoulders.
Bref quiet; extra mess, $6 25* $8 75
packet, $7 50 -«
$8 50 and family $8@$10 per bbl., extra India mess, $H(a§13
per tierce. Beef bams are easier at $14 per bbl.
Stearine is steady at ^yic. in hhds. and Q^gc. in tos. Oleomargarine is dull and easier at 8c. Tallow tias been in si )w
demand but steady at 4 5-16c. Butter is without change and
dull at 1 8^(3 24c. for creamery. Cheese in light demand and
;

;

Wed.

Tuet.

TAurt.

Fn.

Tol4U.

1,010

1,358

1,884

2,478

692

1,356

8,778

1,662
18

1,854

2,169

2,298

15S

83

13

752
49

8.890
167

844
243
654

8,087

49

•••-•>

208

550

56*2

490

433

65

159

22

147

106

7

a

4

Bransw'k.&o.
Oharleston

243
1,153

PortRoyal,4o
Wllmlntrton

36

19

Wa8<i'Kton,<fco

••••••

17

MorfoUt

19

220

18

7

344

43

43

386

aas
336
121

4,353

23,473

63

West Point...
I!r'wp'tN'B,4o.

Sew York

TotalfltblBweftk

2.990

4.004

75

142

8

Baltimore
PbUadelph'a.Ao

20

45

56

4.8S8

5655

l,.i93

The following shows the week's total receipts, the total since
Sept. 1, 1893, and the stock to-night, compared with last year.

Week.

Galveston...

1891.

1892.

TKU

Sept. 2.

7'85
7-134

Xon.

Sat.

OftlreBton

Keeeiple to

Pork has been

clined

1892,

telegram

from the South to-night, is given below. For the week ending
this evening the total receipta have reached 33.473 bale*,

Friday Nioht, Sept. 3, 1893.
week wi\s of about seasonable

epidemic and in sympathy with the corn market.
OAiLT ai.osiiio PBiosa or ijibd ruriiKKA.
Sat.
Hon. Tuei.
Tue$.
Wed. TAur.
IKur.

2,

Trb Hovrmbnt of the Crop, an indicated by our

Since Sep.
1, 1892.

2,048

8,778

Since Sep.

Week.

1,1891.

1891.

1892.

24,119

22,636

7,203
2,231

61,291
8,445

49,623
5,094

21,021

12,811

48

48

15,089
3,418

ElFaso.ifco.

New Orleans.

Stock.

TMt

8,890
167

907
62

..

3,037

1.277

10,314

7,537

10,710

13,512

Brnng.,*o.
CharleBton ..

213

243
760

74-2

1,153

1,012

742
601

15,973

2,305

P. Royal.Ao
Wilmington

36

19

120

76

2,389

2,566

5

ft

537
684

5,235

5,944

350

607
46

lot
23
98

263,440
6.000
9,900
4,406

127,742
5,000
6,568
2,478

32,991

41i,30S

244,371

Mobile
Florida

>-««

......

Savannah.

350

:

easy at 8<^.<^9c.
Coffee advanced eirly in the week, but declined later under

demand and fears of diversion of stocks from Europe
to this market.
The close is unsettled. Rio quoted at U^c.
for No. 7, good Cucuta 21>^c., and interior Padang 27i^c.
Contracts for future delivery have been quite irregular, but
on the whole the tendency was in buyers' favor under a selling
out of long contracts and some pressure from the short side.
To-day the tone was a trifle firmer in the absence of selling
orders, but the market lacked animation. The close was
quiet, with sellers as follows:
Bept
13.S.^o. Deo
13 OOi-. Mch
12 95c
9<"
13 15o. Jan
13-OOc. Aurll
12-9.5C.
lessened

i

I

Nov

I

Wa8li'tn,4o

344

Sforfolk

70

43

43

225
386
121

75
386
58

742
971
229
182
2G4
23
226

23,473

5.946

51,435

West Point.
srwptN.,40
New York. .
Boston
Baltimore.

..

Ptm'dera,Ao
Totals

In order that comparison

may

be

178

63

made with other

year,

we

give below the totals at leadina: ports for six seaons.
Seceiptt at

—

Qalv'Hton,4c
New Orleans
Mobile

1892.

8,778
8.S90
167
3,087
1,153

1891.

21,069
15,099
3,418
10,311
1,012
123

1890.

26,099
10,453
3,703
22,081
12,701
4,495

1889.

18,587
9,299
3,955
20.709
2,583

1888.

10,921
2,573
1,485
17.736
4.200

1887.

19,965
13,867
2,227
26,433
14,515
3,213
2,021
1,207

13-lOc. Feb
13-OOc. May
1.-950.
sugars have been unsually active, the purchases cov- Savannah. ..
ering about all the desirable stocks available on spot and to Oharrst'n,4c
36
24
1,061
arrive.
Higher prices were paid and the close is firm. Large Wllm'gfn,4c
344
742
4,611
35
1,014
quantities of beet sugar intended for this country were shut Norfolk
WtPolnt,4c
43
1,199
5,506
2,041
24
off by closing of Continental ports under quarantine.
Centri975
1,137
2,934
229
1930
147
fugal is quoted at 3 9-16c. for 96 deg. test and Muscovado at 411 others...
2J^c. for 89 deg. test. Refined sugars also higher and selling Totthlsweek
23,173
54,435
92,389
57.452
39.164
85.437
with greater freedom. Cut loaf quoted at 53^e. and granu5.946
32,991
lated at 5 3-16c. Other staple groceries firm and fairly ac- SlnoeSept.!.
78,860
51.621
39,164 100,956
tive on increasing demand from the interior.
The exports for the week ending this evening reach a total
Seetl leaf tobacco has been in fair demand and steady.
The of 11,036 bales, of which 9,431 were to Great Britain, 100
sales for the week amount to 3,850 cases, as follows:
1,100 to France and 1,515 to the rest of the Continent.
Below are
cases 1891 crop. New England Havana, 2 1® 60c.; 450 cases 1891 theeziK>rt8 for
the week, and since Seotember 1, 1893.
crop, New E gland seed, 23. r 36c.; 650 cas's 1891 crop. State
Wtck BruHtifi Sept. 2.
from Sept. I. W92. to Sept. 1. 18»».
Havana, 16Xra2lc.; 500 cases 1891 crop, Pennsylvania Havana,
Kxvorled to—
Bxported to—
•xvorti
13^@40c.
200 cases
1890 crop, Pennsylvania Havana,
ereat
Oonti- Total
ervU
Contitnm13k@18c.; 450 cases 1890 crop, Zimmers. 13i<fa)15c.; 250 cases
Fratui
franei
IMai.
Brit'n.
nsnt. Wu\. Britain.
nent.
1890 crop, Wisconsin Havana, 12@14c., and 250 cases sun^alveston
dries. 7(a32i^c.; also 2.000 bales Havana, 62c.@Sl 15, and
Velasco, &0....
450 bales Sumatra, 83 60@S3 70.
NewOrleani..
1.8M
6,eo«
2<i
There has been a decidedly better business in Straits tin for Uolille
the week at about steady prices, though at the close there was SaTannah
less doing and prices weakened a trifle, closing at 20-45c. Sales
Bniniwlok ....
........
for the week amount to ahout 400 tons. Ingot copper is dull Charleston....
and a shade easier at ll-60c. for Lake. Lead is firmer but WIlmlnKton...
quiet at 4-20c. for domestic. Pig iron is unchanged and dull. Norfolk
Refuied petroleum is quiet and unchanged at 6-lOc. in bbls., West Point..
I

Raw

;

3'60c. in bulk, 6-HOi;. in cases
crude in bbls. 5-55c.; in bulk
8-05c.; naphtha, 5c. Crude certificates dull and easier, closing
at 55c. Spirits turpentine has been in slow demand and the
;

close

lower at 27>'4;@28»4^c. Rosins are in limiied supply for
grades and firmer at $l-25(a$l-30 for common and
good stramed. Hops dull and lower. Wool less active, but
is

N'port Nws, i.1

Ssw York
Boston
Baltimore

common

Plilladelp'a,*c

firm.

Total, 1891....

Total

mo

I.S09

8,578
9.100
15«

2,100

luO

«,iai

100

1.516

n,OM

K.eos

801

1,2S»

t8,««S

1,M0
9,SU

1,2U

10.788

THE CHRONICLE.

376

>S

In addition to above exports, our telegrams to-night also
not
give us the following amounts of cotton on shipboard,

named. We add similar figures for
New York, which are prepared for our special use by MessrF.
Carey, Yale & Lambert. 24 Beaver Street.
On
at—

Shipboard, not cleared—/ or

493

1,912

1,230

378
1,000

8,125
6,000

None.
None.
None.
None.
100
None.

Total 1892...

19,312

1,823

Total 1891...
Total 1890...

26,754
34,856

New Orleans.

2,301
2,586

.

Galveston

Bavannah
Charleston.

.

Coast-

Other
France. Foreign
Britain.
areat

..

Mobile
Norfolk

New York
Other poite

None.
None.
None.
300

122
365
400
100
None.
200
None.
None.

None.
None.
None.
300
2,000

O (P 3>
[--» tB p,
P W" M

8,525
8,000

d

t»-

^

J

o..-t>

£:

3:
B

"P
CO

2:

I

:

I

,

»),

Kff

K

,

:

(B

m OS

.<»

*

03a'

£•

(^.S

^O?
Ci^

-1'

CO

a,

•

g;

:

CO

01

a

<-,o

gcottS'
p,

=.-«

:

o

to '^ u

•

«•* c

'.

£^ccc;

CO®

S^

2,978
1,000

^o-

•

CD

to

>
I

I

I

I

66

I

Qi

100

11:1

':
•

09O

ifoo

«J0>

> am

OCD

2

CO

»r;

I

CO

Low Middling..,

MlddUng
Good Middling
Strict Good Middling.
MlddUng Fair

6

^>
638

638

6ii„

6%

6%

616,,

7

7

GULF.

V

711,

85,8
8lii8

814
8»8

53,8

7ie
738

8»8

9

414
478

5%

Middling

6U,8

718
738

8l8
8II18
9I16

7118

l>
71a

1

9

6lii«

46,8
41*16
513,8

6\

6%

I

-

-5<I

C03

I

I

1

9

4H
478
5%

4''8

414
478

5%

5%

611,8

6II16

611,6

414

-JO

»r:

O-IO-J
cJuiO|^

BALES OF SPOT AND CONTKACT.
export.

Bat'day. Quiet & steady.
Monday Quiet at 1,. adv.
Tuesday Dull
Wed'day Quiet at iia dec.
Thur'd'y Quiet
Friday.. Steady

Oon- Specfump. uTt'n

100

120
218
240
298
100

3,323

279

3.423i 1,955

Con-

I

_

SaUtof
.

.

^otal.

tract,

Futurti,

37,400
52.600

17,400 17,698
3,602

136.200
148,300
82,000

700 17.400 22,77S

513 400

300
400
....
....|

....

....
....
I

....I
....

200

56,i)00

tba

o<l

5
2

*.,u

2

tit^

^^0*3
^

<1-J

*^
co-q
*.-^;
I

to

-J-JO-J

<l»JOO

^

o:r-'
I

«

:

cJ'6

a 03
I

coo

o.-

I

<I»^0-^

0.^

*J-90<I

1^03

to

o- o o.6®ci
C" c

00

!J

2
"

<i<i
o:cn

-4-J

!J

ffiOi

coco

2

CJICO

s.^;

I

^

a

:

<I<JOO
HtCD

(B

2

cjtoi
I

«r:
to

-J-JO-4

<i-j
toto
I

o<

a

:

00

00

-)<,
(XCO

2
'^

I

a

:

00

o 00
I

c»d®<»

I

2

a

I

?

-J -J

•^^

:

GCCO

03

9

la

I

09
I

OO

I

I

I

I

I

I

I

a

1

O-J

o

03

CO

&

I

C3I

^
I

I

I

I

I

I

I

e
I

I

I

I

I

I

I

I

I

I

I

-I
I

I

I

I

1:

I

I

I

I

a:

I

1:

* Includes sales In September, 1891, tor September, 19,600; Septem
ber^Ootober, for October, 344,200; September- November, for November, 619,000; September-December, for December, 1.067,300; September-January, for January, 3.997,200; September-February, for February, 1,739,800; Septenaber-Maroh, for March, 3,i)22,100; SeptemberApril, for April, 1,507,200; Sspteraber-May, for May, 3.313.200;
September-June, for June, 2,292,8M; September-July, for July,
1,384,500.

Thefollowing exchanges have been mide duria? the week:
pd. to exch.

400

Sept.

s.

n. for

March.

•11
•22
•23
•02
•15

pd.
pd.
pd.
pd.
pd.

to
to
to
to
to

•23 pd. to exch. 1,503 Sep.

9.

n. for

s.

n. for

Nov.

•13 pd. to exch. 100 Ausr for Oct.
•47 pd. to exch. 300 Sept. for Jan.
•12 pd. to exch. 200 Oct. for Nov.
•10 pd. to exch. 200 Jan. for Feb.
•27 pd. to exch. 2,200 Sep. s. n. for

Nov.

Thb 8ALBS AND Pbioks OF FoTUBKB are shown by
following comprehensive table:

CO

CO

1

69
120
518
640

....

03tO

1

S

I

1

OLOSEO.

03

tOf-

oc;.

yto,0^

-?to

<i*ao*J
ut-'^za

i(.rfk

6<i
I

W

2

c^A^Oi

UAHEET AND SALES,
The total sales of cotton on the spot and for f uturo delivery
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.

POT IIABKBT

-

ep:

o

<1<10<1
03O"

519
51a
638
6.I16

84"

0303'^03

00

coo,
:

cow
-^

0103

u>

00

op:

oc;,

«t

iO,i
>0

03 03

03 CO

<I^O<l

5
o

M03

to

-JO-3
|i®03

o

K-

uu
CCOi

OiM

tctO

2

e«:

1

a,®:

I

I

CO

9

liib

CO

cboo^w

I

l4«

2
'^

«?:

o«

coco*^ci

713
71316

71a

81118

46l6
4H.,8
513,8

3
ft
0303
,-1003 *<

sP:

<i<io-a

lb'

76] 8

7 '8
8l8

She

-JO

<i-J
toto
2
CDO:*^'^

<1»50^

inon TnearWed Th. Frl.

Sat.

Low Middling

51a
638

64"

C3,

Th. Frl.

5H

53l8

loto

<i<jo-^
'to

cw o

8I>8

518
51a
638
611,8

Ib-O

s«:

It. If'

Wed

inon Tues

518
51a
638

ll^r

9 lb.

8»4

7%

7''a

STAINED.

8H

7'*

8'l8
8'Iie

l>

8ood Ordinary
Btrlot Good Ordinary

7>e
7',6

66,6
61I18
616,8
718
7'16

7%

7I18

Middling Fair
Fair

66,6
6II16

713

6U,e

MlddUng
Good Middling
Btrlot Good Middling

6S,8
6ll,8

814
859

Sat.
lb.

6

71*16

,

Ordinary
Btrlot Ordinary
Good Ordinary
Btrlot Good Ordinary
Low Middling
Btrlot Low Middling

6

615l6
7^8
7^18

7%

Fair

6

CO

o

too

a.M;

^<IO^
MH.®M

if

2
OOtO^

tcto^to

CO

O103H'''

-to'

tOtO

OSif.

o>

OiCJl

— *'

1

CClF^

I

CO 10*"2

03 tJ

»r:

03

<1<I
loto

<1<1
03O3

2

-9»]o-a
toto®to

CO 03 to**

-lO

<I<1

MO

0-JO<I

OM^OCO MM®OOP 03

Si":

COO)

I

OD

-J-JO-J

O-J
43»
5ie

.

COODtO^

e.":

1

o o
03

cr

1

<
2

.

00

*

ODCMtO'*

&.=:

I

»5»10-J

-]0

-J -J

Th. Frl.

4%
5^

sr:

CC

03

03OI-"<

CP

CO 00 03 *<

OX

2

»M'

I

<i-i

0!0>
COCO

<,OC3
6°ffl

1

—

4?4
5>8

»5

CO

ikCO

ii^

COCO
2
-4 #.03''

,

middling uplands 7i^c.
The total sales for forward delivery for the week are 513,400
bales. For immediate delivery the total sales foot up this week
22,778 bales, including 3,433 for export, 1,255 for consumption,
700 for speculation, and 17,400 on contract. Of the above
bales were to arrive. The following are the official quotations
for each day of the past week August 27 to September 3.

413,6

a

t£6

CD CO
I

I

rate,

413,6
5^16

^

ro

»Qb

spot has been moderately active at irregular rates, at one time
selling l-16c. off but recovering and closing at last Friday's

5i8

2

obco

acsoo)

en

there has been a slight improvement, based upon more liberal
sales in Liverpool to Manchester spinners and a light movement reported at the Southern interior towns. Cotton on the

4%

^

e^>:

I

io>

O

I

.»lb.

OiCft

WW

00 o.

in New York Harbor. Yesterday the pressure was somewhat
relieved but no recovery of value could be secured. To-day

Ordinary
Btrlot Ordinary
Good Ordinary
Btrlot Good Ordinary.
Low Middling

<

obclb

CO 91

Tuesday there were some moderate fluctuations, closing
at a few points further decline, and on Wednesday there
was a sharp break of 13 points caused by liberal selling,
out of longs under the report that the cholera had appeared

mon Taes Wed

I

to

cholera. On Saturday prices advanced slightly on a covering
demand, and on Monday the position was fairly steady,
though finally closing a fraction off. During the session of

Sat.

I

>

o;o>

tion and especially of the long interest. The moving influences were traceable to slightly better crop advices, an increasing movement of new cotton, and continued unpromis^
ing trade reports from Europe, supplemented by the universal
feeling of apprehension created by the rapid spread of the

UPLANDS.

;

0)

206,898
46,244

37,473
46,429

5,694
10,473

—

* a>

P-

I

1,997

*2
an O.

I

OJOOMm

the speculative market for cotton very few really new
engagements have been made, but there was a liberal liquida-

Total.

X (5
2-»

—» P
e CD- H
" ° s^

386,396

27,912

1,187

^^

CD

£.?(

I

5,590

^

o2--g
oj rs » £<
'

On

Btrlot

5

S.JD 3!

56,463
19,560
9,310
15,873
8,445
4,785
256,915
15,045

100
None.
500

(5 (S

«:*

as

g.r

Stock

4,828
4,559
1,400

»

3

O>T)0DO

2.S.S
O O >b
O
-(6 01 JD

ST

Leaving

Total.

wise.

®

H

33

O)

cleared, at the ports

Sep'. 2

[Vol, LV.

exch.
exch.
exch.
exch.
exch.

200 Oct. for Nov.
503 Oct. for Dao.
1,400 Oct. for Deo.

200 Sept. for reft.
300 Sept. for Oct.

39

pd. to exch. 2,003 S )p.

Dec.
•48 pd. to exch.
•32 pd. to exch.
•15 pd. to exch.

100 Sept. for Jan.
100 Oct. for Jan.
530 Sept. s. n. for

Oct.
•33 pd. to exoU. 2.800 Oct. for Jan.
•14 pd. to exch. 20J Sept. s. n 6th
for Oct.
•26 pd. to eioh. 503 Sept. for Nov.

Sf.ptembeh

THE CHRONICLK

3, 1803.]

Th8 VisibleSopply op UOTTas to-night, as tnade up by cabi*
tolef^npliia as foUuws. Tlie Gontinontal stocks, as «rM as

•nd

and the

thude (or Ureut Britain

afloat are this week's returns,

ftnd con30(|uently all the Buropoan fli^ures are brought down
to Tiiiir.sday uvuninz.
But to make the totaLs the complete

flguroa for to-night (Sipt. 3), we add the item of export.^ froir
the Uuited State.s, iaclii lin^ in it the exoorta of Friday only.

1891.

1892.
1,33.'>.000

8 10.000

0,000

18,000

1890.
021,000
23,000

Total Great Britain Stock. 1,311.000
S.800

88,000
22,000

887.000
3,700
R2,000
20,000

617,000
3,800
23,000
4,000

481,000
2.800
19.800

200

300

200

300

Btook at Trieste

8,000
330,000
9.000
71,000
14.000
45,000

7,000
181,000
10,000
75,000
8,000
45,000

3.000
106,000
3,000
42,000
4,000
3,000

71.000
3.000
41,000
3.OO0
3.000

lotal Continental stocks

643,000

415,000

192,000

163,700

Stock at Uverpool

bales

Swokat London
Htoc'k at HuAiliiirg
Bti>c'k at UroiiiiMi

Stock
Btock
Stock
Bteok
Stock

at Aiustitrdam
at Kottttrdam
at Antwerp
at Uavre
at Marseilles

S^>ckat Barcelona
Stock atQ<a.)a

Total European stocks.. .. 1,937,000 1,232.000
Indlaoottonatfoat for Europe.
3.>.000
42.000
Ampr.oott'natloat for Europe.
30,000
28,000
E,'ri>t,Bra7.ll.Ac..anif(irE'r'pe
ir,.000
10.000
Btook In United States ports..
414.308 214.371
Stock In U. 8. Interior towns..
126.619
56,021
tlnltedStates exports to-day.
3,071
201

839.000
63.000
43,000
6,000
92.673
21,448
7,723

1889.
4.10.000
'.^'^,000

l.'i.OOO

614,700
5.1,000

37,000
4,000
78.035
19.205
3,315

~

Amenean—

lame time in 1891.
QaOTATIONS FOB MlDDLINO OOTTOK AT OTHER MaRKKTB.—
Below we give clo.sing quotations of middlin<cotton at South*
em and other principal cotton markets (or each day o( the week "
OLOSIMO QOOT^TIONS FOB

lf«* ending

Xon.

Satur.

MIDDUHO OOTTOB OW—

Xuet.

Galveston...

Wedna.

6^8
7

63.,

613,g

7

7

7

Thur:

j»H.

Sow Orleans
Mobile

7

7

Savannah...

611

G\

'Jharleston.

7%
6\

7 '9

Wilmington.

6%

6%
6^
«%

7

7%

§%
1*
7%

7'«

7>a

«^

-Vorfolk

Boston
Baltimore...
Philadelphia

^neusta..

7^

7»9
7>«

7«..

7..

6%
7

70.,

70.S

I-4-

..

.MBiui)hls....

7

7

St. iMUlU
Cincinnati

7
7

7

?^

7

7

7

..

7^4

7»8
7I4

7»8

Louisville...

7»9
739

7"8
7>4

7^

P7

7»8
7>1

The closing quotations to-day (Friday) at other important
Southern markets were as (ollows:
Atlanta
Little Kock ....
6^
Newberry
......
6l4 Montgomery .
Columbus, Qa.
6^
Kalelgh
7»7>«
Columbus, Miaa
Nashville
Selma
6\
.

III rerpool

stock
bales. 1,124.000
Oontlnental stocks
451.000
American aBoat for Europe...
30.000
united States stock
414.303
United States interlorstooks.. 126,619
United States exports to-day.
3,071

Total AiBirlcan
EiUt Indian, Bratil, ae.—
tilverpool stock

631,000
253,000
23,000
211.371
56,021
201

23.'?,000

7,723

213,000
90,000
37.000
78.035
19.205
3,315

2,113,9^8 1,215,596

645,841

473
535
"."o"

215.000
18.000
162,000
42,000
10,000

341,000
23,000
63 000
6,000

213.000
22.000
73.700
55,000
4,000

447.000
2,143,993 1,215, 596

532,000
545,841

367.700
473,585

211,000
9.000
192.000
35,000
15,000

Londonstook
Continental stocks
India adoat for Europe
Eg)Pt,Braill,ic., afloat
Total East India, <fca.
Total Ajuertean

462.000

.
.

?"PPly-:—
1^,E?M/7'?T'^'®
Fnoe
Mid. Upl., Liverpool....

98,000
43,000
92,673
21 118

91000

2,610 998 1,682."596 1,077,811
Ji'iod.
4n,«d.
5i.i„ii

841.285
ri..?

tC WS. loC 11 v."
ly The imports into Continental ports this week have been

PrlceMld.Upl..'NewT?ork...:

11,000 bales.

The above

figures indicate an increase in the cotton in
sight
^' 91^,<03 bales as compared with the same date
*?"'^'^n'i'
or 1891, an increase of 1, 533, l.H bales as compared with
the
•orresponding date of 1890 and an increase of 1.769 713 bales

U compared with 1889.

'

AtTHE Interior Towns the movement— that is the receipts

and since September 1, the shipments for the
week and the stocks to-night, and the same items (or the
oojrespondmg period o( 1891— is set out in detail in
for the week,

the

following statement
!2
-5

The above totals show that the interior stocks have dfcrecued
luring the week ;;2.010 baled, and are to-night 7U,5D.'i bale*
more taan at the same period last year. The reoeipta at all the
towns have been 1,119 bales /ej!.t than the same week last
year, and since Sept. 1 they are ld,iH bales le$» than (or the

(1,000

Total risible supply
2.610,998 1,662,.'596 1,077,341 811.235
Of theabove, thetotalsof Ajnerlcanandother descriptions areas follower

K*
—
CTr* »

877

Eufaula

Natchez

6iD.g

TF«k

Mnimt—

—_

Bsj

July 29.

Aug.
"
••

"

lUeeipti at the Ports. St^kat Interior Tovmt. iJe«'pt»/rom Plant'nt,
1890.

1891.

2,5J(1

7,330

6..

1,119

6,850

18..

8.766

7,881

19..

14.295
42.810
93,589

31.429

86..

Sept. 2..

17,394

1892.

1891.

1890.

6.979
8,656
6,101

7.439

6,703
11.878
23.473

9,644
12,833
21.448

1892.

1890.

7,930

86.876: 155,607

7.277

61,586 152,473
57,237 147,953
3.918
68.660 131.856 18,500
65.601 128,629 46.909
66.0211126.619 101,204

1891.

79
766

2.243
1.760
8,536

1892.

2.197
5.62S

i.6n

16,807
30,380
S,651
64 868' 21.463

—

The above statement shows: 1. That the total receipts (rom
the plantations since September 1, 1893, are 6,247 bales: in
1891 were 33,088 bales; in 1890 were 85,738 bales.
2,—That, although the receipts at the outports the past week
were 33,473 bales, the actual movement (rom plantations was
only 21,463 bales, the balance being taken from the stocks at
the interior towns. Last year the receipts from the plantations
for the week were 51,8.j8 bales and for 1890 they were
101.301 bales.

Weather Reports by Teleoraph.— Telegraphic
to us this evening are generally of a
Picking is progressing finely in Texas

"6

Shreveport...,

RECEIPTS From the Plantations.—The following table
Indicates the actual movement each week (rom the plantationsi
The flgures do not include overland receipts nor Southern
consumption; they are simply a statement o( the weekly
movement (rom the plantations of that part o( the crop which
anally reaches the market through the outports.

advices
favorable character.

and

is

becoming more

general elsewhere.
Galveston, Texas.— has rained lightly on one day of the
week, the precipitation reaching one hundredth of an inch.
The thermometer has averaged 83, the highest being 89 and
the lowest 76. August rainfall five inches and twenty-two
hundredths.
Palestine, Texas. The crop continues promisinj: and picking is active.
have had heavy rain on two days of the
week, the rainfall reaching one inch anl ninety-two hundredths. The thermometer has averaged 79, ranging from 66
to 93.
Rainfall for the month of August (our inches and
seven hundredths,
Huntsville. Texas.—The crop looks well and picking is progressing.
There has been light rain on one day of the week,
the rainfall reaching two hundredths of an inch. Toe thermometer has ranged from 70 to 93, averaging 81. During the
month of August rainfall seven inches and thirty-seven hundredths.
Dallas, Texas. The crop is good here and nearly everywhere else in Texas, with picking well under way.
have
had fine rain here on one day of the week, the precipitation
reaching sixty hundredths of an inch. Average thermometer 76, highest 93 and lowest 60.
Rainfall (or August two
inches and twenty-six hundredths.
SoTi Antonio, Texas,— "We have had splendid rain on three
days o( the week, good (or everything else except our cotton
crop, which is beyond redemption. The precipitation reached
three inches and (orty-five hundredths. Tne thermometer
has averaged 83, the highest being 94 and the lowest 70. Augus't rain(all nine inches,
L/uling, Texas.
There has been heavy rain on one day o(
the week, doing no damage, but it was not particularly
needed. Crops of all sorts are very fine. Picking is active,
but it is hard to keep up with, owing to the scarcity o( pick-

U

o

— — —S:— —S»«r.*:
—————
I

:
'

;

-

'-

'-

'.

-

:

rs;

!

!

:

;

:

;

:

zz:

??: t:

S:

V'

'.

!

!

!

COM. Op-o»jiooooe,cBol

»:

;

;
•

.

We

oooSSoSSa

to

8^

MM
M
(0*^
W M Oi 03
W Oi OS
OCO

—

—

-.J

We

M wi)-*,-«

CO

C OS M W M

o:

oootKSi-SMio-i.

M ooo »-

*fc

w* to

r-»

M 1^

M H-%o

MoSeooaSi-SMSM:

OSl^OSCdi^OMtfk

eoto
0>
Cfl.

CC>-C*.tC(0O^*JWi-

M

CoXlOKIO*.

(0(-ioc;tg:©<ii»-

~s
&•

oc:,-'coMoooettmoottootjc^o: Ol^ODOOCCCOO

MM W M M
l-i

—

The rainfall reached one inch and fi(ty hundredths.
The thermometer has averaged 78, ranging from 60 to 96.
month of August three inches and seveatytwo hundredths.
Columbia, Texas.—There has been rain on two days of the
week, rather bjneficial, but no mire is wanted as worms are
fear»d. Picking is active and all crops continue to look well.
Rain(all seventy hundredths o( an inch. The thermometer
ers.

Ot,

00 h- OS OS :s 1^

M

Rainfall for the

M

;

MXw

•

»dOD
*-•

•
•

0»

O H- ^ WM w

l»i». W-J- CICQQ. to.
COOOOC)'tJmt0003' MQOI-I M OS r
LouisrtUo iiKures "net" In both years,
•rills year's flgures
estimated.

CO

^ S
"
I

THE CHRONICLE.

378

has ranged from 70 to 94, averaging 83. During the month
of August rainfall one inch and sixty-two hundredths.
Cuero, Texas.— Ciops are good and picking is active. It
has been showery on three days of the week, the precipAveritation reaching twenty-four hundredths of an iuch.
age thermometer 85, highest 08 and lowest 73. During the
month of August the rainfall reached two iaches and sixty
hundredths.
Brenham. rea;as. —Kcking is progressing. Crops are fairly
good, nothing more. There is considerable complaint about
There has been three days of fine rain during
boll worms.
the week, the rainfall being one inch and twenty two hundredths. The thermometer has averaged 84, the highest
being 98 and the lowest 70. During the month of August the
rainfall reached two inches and thirty-two hundredths.
Belton, Texas.— The crop looks promising and picking is
active. We have had good showers on two days of the week,
the precipitation being thirty-flve hundredths of an inch.
The thermometer has averaged 78, the highest being 92 and
the lowest 64. Rainfall for the month of August seven inches
and four hundredths.
Fort Worth, Texas. Crops of aU sorts are excellent, and
picking is progressing finely. We have had fine showers on
two days of the week, the rainfall reaching sixty huadredths
of an inch. Average thermometer 76, highest 93, lowest 60.
August rainfall, two inches and twenty-eight hundredths.
Weatherford, Texas. Picking is progressing and crops of
Rain has fallen on two
all sorts continue very promising.
days of the week, the rainfall reaching fifty-nine hundredths
of an inch. The thermometer has ranged from 60 to 94, averaging 77. During the month of August the rainfall reached
two inches and thirty-one hundredths.
New Orleans, Louisiana. Bain has fallen on three days of
the week to the extent of seventy-five hundredths of an inch.
.

—

New Orleans

Average thermometer

83.

KaslivlUe
Shreveport
Vlcka >urff

Shreveport, Louisiana.

— Rainfall

for the

week

forty-one

—

—

—

September.

105

4'8
3-8
4-8
16-9

3 5

112

Parties desiring the circular in quantities, with

their business card printed thereon, should send in their orders

as soon as possible, to ensure early delivery.

—

inuiA Cotton Movement from all Ports. The receipts
and uipments of cotton at Bombay have been as follows for
he week and year, bringing the figures down to August 31.
BOMBA.T RECEIPTS AND SHrPMEHTS FOR FOUR TEARS.
Shipments

OonliBriVn. nent.

Total.

91-2

4,000
1.000
4,000
1.000 6.000
For years ending

ao-1
•9-90
•88-9
*

Shipments since

this week.

r«or Great

i'.ooo

Great
Britain

Continent.

Sept. 1.*

Receipts.

This
Week.

Total.

4,000 69.000 835.000 901.000 2.000
1.000 103,792 942,657 1,046.419 5,000
5,000 372,95>i 112376 1,498.727 3,000
7,000l3S6.415 90'2,139 1,288,554 4,000
8eyt. 1, 1892, 1891, 1890 aad 183 J.

Shipments for the week.
Qreat

Continent.

Bntain.

Total.

Since
Sept. I.

1.74S. 000

2,062.732
2,210.380
1,877,877

Shipments since Sept.
Great
Britain.

Continent.

1.*

Total.

Oalontta—
1,000

1891-92...
1890-91...

Ifadras—
1891-92

3,000

2,000

13,000
12,538

31,000
42,0t)6

47.000
54,654

3.000
2,000

2.000
1,000

5,000
3,000

31,000
32,913

15.000
27,317

46.000
60,230

3.000
3,000

4,000
2,000

7,000
6,000

42.000
62,501

74.000
86.859

116.000
149,360

123.000
7.000
8.000 15,000
86,000
5,000
3.000
108,002
156,242
8,000
1891.
For years ending Sept. 1, 1892, and
EXPORTS TO SCROPE FROM ALL INDIA.

209.000
264,244

..

4U others—
1891-92...
1890-91...
Total all-

1891-92...
1890-91...

1890-91.

1891-92.

1889-90.

Shipments

Europe

to all

This
Keek.

from—
Bombay
Total

Since

This
week.

Since
Sept. 1.

This
week.

Sept. 1.

Sine*
Sept. 1.

904.000
209.000

1,000 1,046.419
8,000 264.244

5,000 1,498.727
7,000 373,461

19,000 1,113,000

9,000 1,310.693

12,000 1,872,18(4

4,000
15,000

4Uotherports.

ALEIAHDRIA BECKIPI9 AND SHIPMENTS.
Lltxandria, Egypt,

1891-92.

1890-91.

1889-90.

8.000
4,673,000

10.000
4.032.500

12,000
3,183.000

This
Since
week. Sept. 1.

This
Since
week. Sept. 1.

This
Since
week. Sept. 1.

1,000 332.000
2,000 289,000

2,000 280.957
1,000 262,826

1,000 166,887

3.000 621.000

3,000 543 7831

1,000 483.729

August 31.
iteoeiptB (cantars*)

This week....
Since Sept. 1.

—

B tports (bales)—
Liverpool

To Continent

—

—

Feet.

4-7
7-7
2-2

Cotton Crop Circular.—Our Annual Cotton Crop Review
form about Thursday, the 8th of

—

—

Sept. 3. '91.

Feet.

will be ready in circular

1890-91...

hundredths of an inch, on foui- days. The thermometer has
averaged 77, the highest being 90 and the lowest 61.
Columbus, Mississippi. Telegram not received.
Leland, Mississippi. The weather has been quite cool the
past two days. There has been rain during the week, to the
extent of eighty -four hundredths of an inch. The thermometer has ranged from 53 to 83, averaging 76'3.
Meridian, Mississippi. We have had rain on two days of
the week, but the weather is now clear and cool. Picking
has commenced to an extent, but the crop is late. The thermometer has ranged from 55 to 84.
Little Rock, Arkansas.
We had heavy rain on the first
three days of the week, the rainfall reaching four inches and
eighty-one hundredths. Latterly the weather has been clear
and cool. The thermometer has averaged 75, the highest
being 83 and the lowest 61.
Helena, Arkansas. Crops are late. We had one light
shower during the week, the rainfall reaching five hundredths
of an inch. The thermometer has averaged 74'5, ranging
from 08 to 90.
Memphis, lennessee. Rain fell on Saturday to the extent
of thirty-four hundredths of an inch. The latter part of the
week has been cooh Boll worms are reported, but no damage
done as yet. The first new bale arrived on Thursday. The
thermometer has ranged from 61 6 to 90, averaging 75 •4.
Nashville, Tennessee.—There has been no rain the past week.
Average thermometer 73, highest 89 and lowest 54.
Mobile, Alabama. Crop reports indicate more tavorable
weather. It has rained on seven days of the week. The thermometer has averaged 80, the highest being 93 and the lowest
During tlie mouth of August the rainfall reached thir67.
teen inches and forty-seven hundredths.
Montgomery, Alabama.— It has rained lightly on three
days of the week, the rainfall reaching eight hundredths of
an inch. The thermometer has averaged 81, ranging f ro n 72
to 90. During the month of August rainfall reached seven
inches and eighty-two hundredths.
Selma, Alabama. Telegram not received.
Auburn, Alabama.— Crops have been benefitted by the last
few days of sunshine, and cotton is opening rapidly. The
week's rainfall has been twenty-three hundredths of an ineh
Average thermometer 78 6, highest 89 and lowest 69.
Madison, Florida.— Te\e^a,m not received.
ColumXxns, Georgia.— "Raxn has fallen on two days of the
week, to the extent of one inch and twenty-five hundredths.
The thermometer has averaged 83, ranging from 73 to 89.
Savannah, Georgia.— It has rained on five days of the week,
the rainfall reaching fifty-two hundredths of an inch. The
thermometer has ranged from 71 to 96, averaging 82.
Augusta, Oeororia.— Accounts from the crop are not good.
The plant is suflfering through lack of rain. We have had
light rain on two days of the week, the rainfall reaching
eighteen hundredths of an inch. Average thermometer 80,
highest 93 and lowest 67, Rainfall for August two inches and

Sept. 1, -92.

Above low-water mark.
Above low- water mark.
Above low- water mark.
Above low- water mark.
Above low- water mark.

Memphig

—

—

[Vol. LV.

Total

*
t

& Amt

Europe

oanrH.--

m

98

266,842

iiniinds

Of which t* America la 1891-92 25,177
and 1q 18^9-9 1.250 bales.

bales,

bales;

In 1890-91, 18,790

<,

Note.— Tutals
and 1889-90.

since Sept

cover the lull yeirs 1891-92, 1890-91

1

Manchester Market. — Our report receivedbv cable to-night
from Manchester states that the market continues quiet for
Manufacturers are working to
both yarns and shirtings,
stock.
We give the prices for to-day below and leave those
for previous weeks of this and last year for comparison:
1891.

1892.

32< Cop.

8>4 lbs.
Shirtings.

Twist.
d.

J'ly29 65,8

d.
a'T-iia

a.

d.

5

0'<®6 5

B.

d.

Aug. 5
••
12
" 19
" 26

63i6 a>7% 5

41s

6li6

®7

®6

6

-SB's

-ae
ai6

4

Sep. 2

5H

5'e

®6%

4 11
4 10
4 9

'a>6\

4

8

®6
®6

4
3

2

Cott'n

Mid
VpUls
d.

SH

32» Cop.

d.

d.

4h6 6% ®738

9.

5
5
3l5|e 613io®7'i6 5
5
®738
6%
316l8
316 6 e'a ai7'« 5
®7!l4 5
315j8 7

4

6% ®738

lbs.

Shirtings.

Twist.

d.

s.

d.

8>sa6 10
«>sai6 10
9 -sen

HijarilOia
8

9

®7
®7

1

Ooten
Hid.
Vpld
d.

I'lR
4>«
4ifl

4''i«

4»te
47,

Jute Butts, Baomno, &c.— A moderate amount of business
in jute bagging has been transacted during the week under
review, on the basis of 63^c. for \% lbs., 6J^c. for 2 lbs. and
7J^c. for standard grades. Jute butts are quiet but steady at
\%c. for paper grades and 2%o. for bagaing qualities.
large business has been done for future delivery, mainly in
forty-six hundredths.
paper grades. The stock of jute butts and rejections in New
Charleston, South Carolina. Riin has fallen on six days of
York on September 1 was 61,700 bales, agiinst 66.000 bales at
week,
to
the
the
extent of one inch and fifty -eight hundredths.
the same date in 1891 and 96,030 bales in 1890. The imports
thermometer
has
averaged 81, the highest being 94 and
The
into the United States during the eight months January 1 ta
the lowest 70.
September 1— reachel a total of 198,812 bales, against 504,990
Stateburg, South Carolina.— It has rained on three days of
year ago and 384,247 bales in 1890,
the week to the extent of forty-three huadredths of an inch. bales a
The thermometer has ranged from 71 to 91-7, averaging 78-7.
Domestic Exports of Cotton Manufactures. Through
Wilson. North Carolina.— Telegram not received.
the courtesy of Mr. S. G. Brock, Chief of the Bureau of
The following statement we have also received by telegraph Statistics, we have received this week a statement showing the
bowing the height of the rivers at the points named at 3 exports of domestic cotton manufactures for July and for
o'clock September 1. 1892, and September 3. 1891,
the seven months ended July 31, 1893, with like figures for the

A

—

—

—

I

Sbftbicbkb

8,

THE CHRONICLE.

IBOa.j

oorresponding poriods of the previous year, aud give them
below:
QuantUUtof Manufacturu of
ton (eolorsd and uneolona)

Month enMnt July

Cot-

18M.

NDporUdto-'
United KtiiKdum

Uvnimnr
Ottioroountrlesin ICaropt....
British

Norlh Amerloa

Mexico

Cenlnil Anierlcan 8Mtu taA
Urittsh ilonduriu

diba

yardi
"

48S.DT0

"

100,808

ll.MM

M,808

**

S18,S78

**

4e3.Ml

'*

7«,08e

"

Puerto Itloo
Hunto UoutlcRO
Other West Indlu
A r^untt ne Uepublto

**

"
**

Hniill

United HtHtes of CulombU...
Other ouuntrles Id S.Amorloa
Ohlii«

Australasta
British India and Kaat Indlu
Other o<iunirle8 In Asia and
RrlL. PoB<<os'niiln

"
"
"

Africa

804,4(10
10.0 to

4,018,099
287.907
411,761
69«,C08
0.976.441
1,79S,883
8,414,864
8,387,148
14.0H9.880

e,08«.fl;i8

837,188

8,018
84.430

40«,UU
401,887
8,818.088
10,700,038
80,«8H
188,000

laO.SiK)

l,«70.08a
1411.418

**

Total jardi of aboTe

4,468.688

914,«»
2,68J

"

Other oountrlM.

8,807,948
143.140
904.349
481.779
3,988,101

vn.wo

S93,«(MI

"

808,318
31,148
108,104
T8.i8B
076,H»4

l,fl0i.l4B

**

Ooeunlca

1880-91.

fl'<4.48l

7,H6.*'»

"
"

14.210.174

Total Tatues of above
aloe per yard

mos. triAing /ulv Al.
1891-83.

a».am
8*,im
tm.ina

1.108,«03

"

81. 7

18»1,

317.761
80.518
750,458

47,813.'

98

186.154
1.848,936
8.870.484
8.784.433
4,878,950

IM.ilU
086.877
481.071
3,941,176

158,757
68.HIIH

878.800
4,56v.'.81<

697.348
8,li08."63

3.868.HH1
10.470.578
6j.07S.38H
141.408
2,868.:i84

8.980.535
8,08«.-Sl
8,038.683

18.1424''3 111.984.884 tl6,045.60»
tl,ll)f,47u

te,681,l,«9

t'OeOfi

(0641

I-0B91

17,686.291
1-0063

tia.ts8
13,040

I16.886
«.87>

|84.0t4
00.448

1160,797
23.320

905

88

7.1SI

11.SD8
10»,174

8.787

43.163

lS.ft6e

IS.MM

4.1X7
12.3S7
832.211
80.700

FoJtwj of other Manufactwet of
Cf>tt4}n «rporttd to

—

United Kingdom
Qermany

Franoe
Other conntrtes In Europe
British North Amerloa
Mexico
-

Central American Statea

&

British

Honduras
Cuba

4,'

Puerto Rico
Santo DomlnKO
Other Weal Indies
Arsentlne Republic

0,0 1 :<

*va

093
78

8,796
4.«74

ami

United States of Colombia
Other countries In 80. America. ...

3,U9

British possessions In Australasia

8.724

In

Asia

13.1A5

8,70«

Braill

Other countries
Ooeanlca

22.640
605.524,
80.048

4.1I8S

5,048
If-M

83.680
39.714
8.683
2.880
84.110
17,294
40.2B7

46.4^4
3tl.27.<

8.032
6.8«0
28,169
2.8119

2;,874
88,717

34.105
21.826
21.289
38.431

36,848
446

106,461

1SJ.053

0.H0

6.491

599

ll,4B0

25.856

6,787
8.904
8.886
8.870

24,><11

and
14,850

430
821

Africa
Other countrlea

Total Talue of other mannfao-1
tores of
t2IS.637
Aireregate Talue of all cotton goodsl tl,07j.87t
1

(163.1
tl.S30.e

many aeollona will be delayel until tbs middle ot October. The oora
li In botrxtr coiiilltlon than ootion, anil on Boooaot of the Urgs
InsroMe Id acreage the vleldotthleoeresl prombM to be more tbaa
ample for home ilemtiKi.
crop

Nkvt North Carolina Cotton.— The first bale of cotton of
the crop of l89i-93 raised in North Carolina was re;eivelat
Raleigh on August 31 from L. T, Byrd, Cleveland Township,
Johnstoa County, N. C. and was shipped the same night to
Norfolk. L-vst year the first bale of new North Carolina cotton
reached Norfolk six days earlier, or on August 85, and in 1890
the first arrival was on August 20.
Memphis First Bale.—Mr. Henry Hotter, Secretan' of the
Cotton Exchange at Memphis, telegraphs as that the first bale
of cotton of the crop of 1893-93 grown in the Memphis district was received at Memphis on Thursday, Saptember 1, from
Friarspoint, Coahoma County, Mis-iissippi. It ckssed strict
mi Idling, and was sold by auction at 9 cents per pound.
Tliebale was shipped to Providence, R. I. The first bale arrived
Last year on August 22, and in 1890, as well as in 1889, on

August

18.

News,—The exports of cotton from the United
States the past week, as per latest mail returns, have reached
Shipping

13,180 bales.

„,,^,

New York—To

No-

Total bait*.

Liverpool, per steameni Nevada, 619
madlo, 1,650

New

600
To Hamburg, per steamer Gra'sbrook, 50
Citronilla, 3.200
per
steamer
To Genoa,
Boston—To Liverpool, per steamers Kansas,
1,401

«7.883.84i

Baltimore—To

6 IncheH froiu the 'ipposite leadsman.

1
'•

1

—

,2
50

3,200
Lancastrian,

—

.----—

Liverpool, per steamers Barrowmore, 100

1.402

400

Federlco, 300

^2,180

Total

The particulars of these shipments, arranged in our usual
forn), are as follows:
Liverpoul. Havre,
100
New York. 2.269
N Orleans. 3.550

Boston

Brt-

Ham'

Barce-

299

Martifiiquf.
Total.
1
3,578

3,200

6.800

lona. Genoa,

men. burg.
409
50

500

1,402

Baltimore.

'7

4')0

7,6il

Total....

100

409

500 3,499

50

X.

400

•

12,180

1

Balow we add the clearances this week of vessels carrying
cotton from United States ports, bringing our data down to

The iouiidluga wrra taken with the Morrill under slow headway, a
leadsman lu l>oth the starboard and port chains, and a clear channel
way aliea t. On the second run over the shoal the folliwliifc casts were
obtained at the ratrt of oiuht per minute and wer^ scrutlnlzort by Captain H. T. BUke, Ueu'enait Hjward Emaryand mysalf. The wheel

the latest dates:

Starboard Lead.
17 feet 10 inchea
18 feet
18 feet 6 Inches
18 feet einobvg
19 feet
18 feet

Baltimore- fo Liverpjril—Au^. ^7- -itennir Queusmore,
To H.nuhurg-Aug 26 -Steamer O^Ufornia, 52.

waa In charge ot Mr. E Iwin Dennis, pilot.
Commenced sounding at 10:57 A.M.

luo
409
500
299

Florlrtlan,

81.063.1I9

C

„ __„
2,269

Havre, per steamer La Bretagne, 100
Havel, 123.
Bremen, per steamers Ems, 286
Barcelona, per steamer Martin Saenz, 500
•Genoa, per steamer Werra. 29a
Martinique, per schooner Mary O. Hale, 1
OKLEAN8— To Liverpool, per steamers Astronomer, 2,950

To
To
To
To
To

88.7.59.410

foUowins: letter
from Lieutenant G. L. Garden to a prominent resident of
Charleston, S. C, has just been sent us, and e.^plains very
clearly of what bsneSt to the harbor have been the jetties
constructed under his supervision.
U. 8. Revbnde Btkambr Mokrill,
)
Port of Cha:blksion. 8.
Aug, 24. I8st2. J
Dear Sir: It mayintereit you to know that today between the
hotira of l',.':10 A. M. and 11:03 A. M., with the tide not over sir inches
below high-wuer mirk, the MorrlU ran two careful lines of poanding
over the sioal grouut on the other end of the Jetties oUanncl.with the
result that the least dopth of water obtaiuetwas 14 feet 6 inches.
Thisoaat w u) a:<coiupanldd aliuojt simultaneously by a call of 15 feet

Cotton.—The

first cotton of the
received at New Orleans on
Wednesday, August 'M, from O. W. Bongs of Bejjp's Station,
It was sold at auction to J. Skinner, at 7
St. Landry Parish.
cents per pound. List year the Brsl hale of Loui-iiana cotton
reached New Orleans on August 12; in 1890 the first arrival
was on August 8, and in 1889 on August 13,

First Balb op Louisiana
Louisiana crop of 1803 was

11.348.572

Deep Water os Charleston Bab.—The

379

New Orlbans— roLlverno3l-Aus(. 26-8teamer

Connsellor, 2,000....

Aug. ;ll-StBamir Yaoitan. 1.4J3.

To Himburg -Aug. 3 J— Steamer Europ'*. 150.
To Barcelona -Au<. 27— 3t-iain->r lum Forga^. 101.
Boston- Do Llverpod— Aug. 27-Steiin')r BDitonUn. S55 ...Aug. 29 —
'
Aug. 30— Steamer Gaorglan.
Steamer Ottoman, 3
.

17 feet 6
17
15
15
16
16
18
19

feet
feet
feet
feet
leet
feet
feet

Port Lead.

16
18
19
19
19

-.

Ino'ies

6 Inches
6 inchea
6 Inohes

feet 6 in.'hes
feet t> Inches
feet 6 tncliea
feet 6 Inches
feet
19 feet
lHf.-et 3 Inches
17 feet lOlnolies
17 feet
17 feet
18 feet
IS fret
20 feet
21 feet and d. w.

La it .sound at the edge ot shoal waa made at 11:03 A. M.
Theca-itof 15 feet obtained by the starboard lead was on this oatward run. thoiieh it will bs observel from the over that the port lead
gave a oast of 17 feet at the same time.
You win further notice that although on the first run in or over the
shoal one leafl gave a 14 feet 6 inch cast, this lamp was not disclosed
on the second run. mule not more than seven minutes later.
Now, oBioially then, let mu congratulate you upon the progress being
made. Two months ago our leads at tip-top high water give evidence
of a 12 foot lump. To d;iy with the tide six inohes down this lump
was found under 14 feet G inches of water.
Believe me, very truly yours,
G. L. Garden,
Lieutenant U. B. R. m.

MEifPHtS DiSTftlCT CrO? I?S?9RT,—Messr*. Hill, Fontaine
& Co. of Memphis issued on August 30 their report for Aug^ust
on cotton in the Memphis district (West Tennessee, North
Mississippi. North Arkansas and North Alabama), summarizing

it

as follows

To Rotterdam -Aug. 26 -Steamer Venango,
To Antwerp -Aug. 26— Steamer Rlalto,
Philadelphia— To Liverpool-Aug. 30— Steamer Lord Cllve,
Cotton freights the past week have been as follows:
.

.

Llverpool,8teamd.

Do

bld...d.

Do

d.

Do

indireot..(<.

Hamburg.steam.d.

Do

d.

Amst'd'm.steam.d.
Indirect
iteval,

d.

steam

Do

Os*

h»

»16

»I6

H»

....

....

....

....

....

....

S16

»18

»16

h»

'16

H
..-•

....

....

....

....

>••

hi

Hi

"38

'sa

»s»
.••

.*>•

.--.

....

....

....

».sa

"sa

»S8

»»8

Oaa

*88

....

.--.

....

....

....

....

80*
•

»

....

.--,

"64-"64 "e4-"64 "«4-«84
....

....

..

»16

733314

•'a2*'4

Senoa, steam. ..d.
Trieste, ateam...d
,» ntwerp, «t-»am.d.

11(14 '"«3l8

H<s

'ifl

136* »•«

•

30935* 30S35* 30»35* 30935- 30»S5«

73j«l4

».«» "4

Tsjw'h

»1«

»I6

»16

"m-1»64 l»««-"6* »6«-"64 18m->6«. l'64-"«4

^U

'84

'64

'»4

'64

'64

Cents, per 100 lbs.

Liverpool.— By cable from Liveroool we have the following
that port:

aolas, stnnks, &^., at
I

.

1

he

>88

i3arcelona,steam(i.

"*

IH.

Tuet.

d. "«4-l»64 llg^-Wg, ll64-l»«4
d.

Wednet. TKwr$.

Mon.

Havre, steam... <!.

Bremen, steam. .d.

'.

Satur.

statement of the week's

rn«eru.e"t.enertci:dindur"«6»'*»^»"W« weather, orqp prospects
Qftve Improved somewhat. A mMJority of our corrcspoQaeuis report
tie weatlier during AuRUt as having been favorable for cotton, bur
taking iha season as a whole 224 out of the totil of 372 report It less
favorable than last year. The plant is making progress, and wUlle the
average of replies indicate that the season Is fully eighteen days late, a
mslority report the plant as fruiting well and retaining it* stjuares and
bolls. There is general complaint, however, In all the fourS'ate-i ot
shedding, due to excessive rains in some looa'ltios and drought in
others. There are also reports of worms In Mi9«i8slppi and rust In all the
States. TUeeonilitlon of crops as simiuarlz-id is only fair and n.t up
to an average. Tso hundred and elght,v-four ot the total report them
much less promising than at this date last year and 202 report
damage from various cause to a greater or less extent. Picking
wiUnotoouimeneu In any of the four States ewller than Sept. 15. ana
will not become general until toward the oloss ot the month, and In

100.

Aud. 12.

A.Ug. 19.

Sfft, a,

Aug. »».

52.000
33.000
41.000
44.000
1,000
500
2.000
2.000
4.000
3,400
4.000
4.200
45,000
33.000
37.000
38.000
8,000
6.000
7.000
6.000
Actual export
3^.001)
42.000
41.000
48.000
.......
Forwarded
1,424.000 ,39S.OO0 l.'JB6.0"K) 1.335.000
Total stock— Estimated
1,134.000
Of which Atnerioan— Eatlm'd 1,20^,000 1 ,1S2,000 l,l.'52.O00
19.000
13 000
2 '..000
2'«.onol
Total import ot the week...
12.000
7.000
16000
19.0O0,
Ot which Aiuerloan
32,000
350'K)
3.S.000
40.000
Amonnt afloat
12,000
l.'S.O 10
15.000
25.000
Of which Amerloan

Sales of the

week

balee.

Of which exporters took....
Of which spooulators took..
Sales American

'

THE CHRONICLE

b60

The tone of the LiverpoDl mirket for spats anl futures eachs
price
day of the week ending Sept. 2, and the daily closing
of spot cotton, have been as follows:
Bpot.

Saturday Monday. Tuesday. Wednes. Thursd'y

Friday.

demau:1.

Fair
business
doing.

Fair
business
doing.

8.000
1,000

10.000
1,000

Market, ) Harden'K
1:45 P. M.J tendency.

Fair
baslnes?
doing.

Quiet.

8.000
1,000

7.000
1,000

Moderatt

315j8

Mld.Dprds.
BaleB
flpeo.

5,000
l.OOO

& exp

Futures.

Market,
1:46 P. M.

Market,

4

p.

H.

Easy
Quiet.

)

Steady at Steady at Steady at
1-U4 @ 2-U4
1 «i adi 64@2-tH
decitue.
vance.
advance.

\

N'ar st'dy,
distant

Easy.

S

quiet.

i

Quiet.

Quiet.

10,000
1,000
steady at

at

2-M de-

parti aliy
1-64 dec.

ciine.

Steady.

I

The opening, highest, lowest and closing prices of futures
on
at Liverpool for each day are given below. Prices are
otherwise
the basis of Uplands, Low Middling clause, unless
stated;

Mon., Aug. 29.

Sat., Ana:. 27'

Tues., Aug. 30.

Open High Low. mos. Open HiQh Low. Olo:

Open

fflsh

Low.

Olot.

(1.

(J.

d.

d.

It.

i.

d.

d.

d.

d.

d.

,<i,59

3 59

3 59

3 60

3 61

3 59

36L

3 69
3 69

8 69

3 59
3 69

3 61

3 60
3 60

3 59
3 69

September.. 3 59

3 61
3 61

3 61

381

3 60

3

3 62

3 61
3 63

4 00

4 01

4 02

4 03

3 83
4 01

4 01

4 06

4 03

4
4

63
01
03
06
07
10

3 53
3 59
3 69
3 59
3 61

358

3 59

3 61
3 61

3 61

3 59

3 59
3 69

4 07
4 09

4 07

4 05

4 06

4 08
4 05

410

4 OS

4 08

4 07

August

Bept.-Oct... .<i59
Oct.-Nov.... 3 60
Nov .-Dec... 3BJ
Deo.^an.... 4 00

Jaii.-Feb... 4 03
Feb.-Moh... 4 05
Moh.-April. 4 07

^prtl-May..

3 59

3 60
3 6J
4 00

3 61

4 03

4 03

3 62
4 00
4 04
4 05

4 05

105

4 07

408 107

4 08

4 09

3 61

3 63
4 01
4 03
4 05

3 68
4 01

3 67
Oot.-Nov.... 3 68
Nov.-Deo... 3 60
Dec-Jan.... 3 63
Jan.-Feb ... 4 01

Feb.-Mch... 4 03
Mcli.-April. 4 06

3 69

3 68
3 68

3 69

3 58

8 61
3 68

•itu

3 58
3 60

3 62

3 62

401 400

4 00
4 03

4 01

Thurs., Sept, 1.

aioi.

Open

Hlg/l

Low.

Olot.

i.

i.

d.

d.

d.

d.

d.

d.

3 67

3 66

3 67

354
364

3 67
3 57

3 54

3

3 55
3 65

3 55

3 57
3 59
3 61

3 57
3 59

3 66

3
4

3 56
3 58
3 61
8 63

3 56

3 63
4 01
4 04

3 54
3 64
3 56
3 68
3 60
3 63
4 00
4 03
4 05

3 54

56
58
60
62
00
02
05

4 06

3

3

4
4

3 67
3 68
3 60

3 82
4 01
4 08
4 05

AprU-May..

3 58

4 05

4 07

Fri., Sept. 2.

d.

Oven High Low.

Be|)t.-Oct...

4

3 61
4 00
4 02
4 01

4 07

354 3 55
3 68
3 60
3 63
4 00
4 03
4 05

4 01

4 01

4 07

4 06

3 59
3 61
3 63
4 01
4 04
4 06
4 09

....

....

3 67
3 59
3 61
4 00
4 02

May -June..
June-July..

Open High Lovf.

4 01

d.

854
3 58

3 61
3 63
4 01
4 01
4 06

Oloi.

3 81
3 83
4 01

2
3

Wheat—

0.

pecember deUvery

SOia

82

SO'g
8239

SOM

81!^

79%
80%

Receipts

at—

Indian

com

m

85
91

ORUN.
Com, per

bush,

Wheat.

Flour.

Corn.

Hue.

Barley.

Oats.

Bbls 19616s Bil3h.Q0lbii Bajih.6'1 lbs Bush.31 lbs Bash.iS lbs Bu.58 lbs.
39,075
88,490
2,033.030
1,611,905
2,512,212
106,985
Chicago
45,700
28,100
131,000
28,220
191,15
30,220
Milwaukee...
180,090
123,090
Duluth
i

717,570

Minneapolis.
1,767

4,115

Louis
Peoria

1,811.483
472,804

6 1,55
13,569

18,S;2
54,912

71,515
304,210
304,700

6,601

83,476

27,99f)

1,365,256

4,250

70,050

18.764
221,110
81,030

7,703,019
6,617,217

2,0Jl,49i

2,923,3;9

3,235,883

3,231,521

31,893

700
6,800

'92,

301,921

wk,'91.

213,805

wk,'90.
Since Aitfj. 1.
1891-92
1890-91
1863-90

215,109

1,831,398

2,510,707

3,037,231

91.076
213,373
681,915

1,115,990

28,166,63)

7,197,713

798.236
883.237

24.009,418
8.735,331

9,769,2.i8

10,081,535
10.523,233

363,745
463,427

9.935,18:!

11,112,575

1.126,532

The receipts of fiour and grain at the seaboard
week ended Aug. 27, 1893, follow:
Flour,
bbH.

At—

Wheat,
bush.

New York

159,412 1,469,800
45,751
20,853
Boston
29,350 107,7.i5
Montreal
"
559,753
Philadelphia.. 37,013
86,433 8^0,213
Baltimore
31,121
3,800
Richmond
Nevf Orleans.. 25,533 516,350

Com,

Oxls,

bush.

bush.
2Sti,100

531,500
113,238
61,235
73,323

84,503
103,519
52,530
33,993
29,926
40,797

23,891
6,400

183,783
1,183,837

143,139
199,887
3,104.030
412,911

p3rt3 for the
Barley,
bush.

Bye,
bush.

11,700

6,700

1,100

20,717

3), 4 15

336

12,031
76,039

6J0,718 933,311 13,100 27,733
633,799 1,153,733 13,033 570,177
are the rail shipii9at3 oE fljur aad gcaia frota
lake aad river ports for four years:
1889.
1890.
1891.
1892,
Week
Week
Week
Week
31.
Aug.
30.
Aug.
Aug.
29.
Aag.27.
193,373
273,911
289,334
297,060
bbls.

Total week.. 337,316 3,536,152
week '91. 375,033 6,735,366

Cor,

Below
Western

Flour

Wheat
Corn
Oats
Barley

4 1,173
48,664

661,397
919,733
1,917,722
44,2 25
46,670

520,462
333,058
727,532
19,989
42,326

2,937,315

3,592,742

1,663,415

bash. 1,129,187
207,050
1,186,487

1,078,573
233,991
1,507,915

3-5,422

49,055
2,607,201

Rye
Total

78%
The exports from the several seaboard ports for the week
80%
83S ending Aug. 27, 1893, are shown in the annexed statement:

fed's
84%
84
SSifl
91
gO"*
89%
8914
8319
futures opened for the week under review at
an advance on a demand from "shorts" to cover contracts
etlmulated by fears that the crop would be damaged by frost'
but subsequently the market weakened as the weather became
warmer, dispensing with all frost scares, and under a material
increase
the crop movement. The cholera scare also had
a depressing influence upon values. The spot market
has
been quiet. Yesterday's sales included No. 2 mixed at 57,c(i58o
in elevator and 57i|® 58i^c. delivered. To-dav
the market was
depressed by liberal receipts West and favorable weather
conaitions for the growing crop. The spot market
was a trifle
decline.
Sales included No. 3 mixed at
S^JI,??"^® ^' *
08357)^0. in elevator and 56^358>^c.°deUvered.

MaydeUvery

0.

.

Same
Same

SOas

....

West'n mixed
52 « 60
74 'It 85
77ia3 78ifl
TO
Steamer No. 2.
Bed winter Nj 2
58 a 62
West'n yeUow
70 ^ 82
Red winter
58 a 63
Western white ...
72 -a 82
White
Oatfi— Mixed..? bn. 37 -a 38I9 Rye—
Western, per bnsh. CI in 6S
39 a 4i
White
37iaa 38i3
Bt.ate and Jersey.. 61 a 68
No. 2 mixed
.,
39139 40'3 Barley— No.2We8t'n. ..
No. 2 white
of Exports ot BreailxtulTM from United States
O^ Statement
page
lound
on
362.
will
be
Ports lor July
The movement of bread^tuffa to markst is indicated in the
statement below, prepared by us from the figures of the New
York Produce Exchange. We first give the reosipts at
Western lake and river ports, arranged so as to present the
comparative movement for the week ending Aug. 27, 1893,
and since August 1, for each of the last three years:

St.

78%

S

Fine

90 Corn me*l—

oprlng. T>erbnsh...

.

c.
o.
o.
0.

3 25

10*3

90a 4 30

Detroit
Cleyeland....

winter at 79%c. delivered. No. 2 hard winter at 775^0. delivered, and ungraded red winter at 743^® 80c.
DAILY OLOSOIO PBIQKS OP I»0. 2 BED WINTER WHEAT.
Sat.
Hon. Tues.
Wed. Thun.
.
_
, „
Fri

56%

Western, &o
2 80 a 3 00
3
Straitrhts
Braudywine..
3 25
4 25 a 4 65
Patent, spring
below
barrels.]
sells
at
prices
those
lor
[Wheat flour In 8a<'kB

Tot.wk.

eteptemher delivery
October delivery

508

Extra, No. 1
Clears

Toledo

Fkidat, September 2, 1892.
The market for flour, sympathizing with a decline in wheat,
has been dull, and values have been weak and here and there
have been lowered to a moderate extent. Meal has also been
in light demand and weak. To-day the market for flour was
dull and heavy. Meal was dull and unchanged.
The speculation in wheat has been moderately active, and
immediately after our last there was an advance, on unfavorable weather conditioas, both at home and abroad, and
stronger foreign advices, but later weather reports from aU
parts became favorable, foreign mirkets turned weaker, the
crop movement continues large, and considerable uneasiness
was shown over the rapid march of cholera westward, all of
which led "longs" to sell, and caused a sharp decline in values. In the spot market tbere has been an active business,
both exporters and millers being good buyers. The sales yesterday included No. 2 red winter at J^§lc. over September
delivered, choice red winter at SlJ^c. delivered, and No. 1
Northern at 84?4c. delivered. To-day the market was a shade
easier under selling by "longs," owing to continued favorable
crop prospects and full crop movement. The spot market has
been fairly active for export. The sales included No. 2 red

55 14

Sat.
Mon.
Tues.
Wed. Tkurs.
Fri.
38I3
38I4
3719
.S8%
37%
37%
o.
September delivery
38i«
39^^
39
38
36^
0.
Sg^
Oetolwr deUvery
3913
40>4
4014
4014
39%
39
December deUvery
c.
4214
42
41%
42%
ilH
0. 42%
May aeUvery
Rye has been dull and values have declined a trifle under
weak foreign advices.
The folio wins are closing quotations:
PLODR.
SS4 25®$4 50
Fine
IJbbl. $1 70a$l 90 Patent, winter
4 2i<»
10 City mills extras
1909
2
SaperUne
1 95® 2 40 Ryeflour.saperllne.. 3 109 3 85
Extra, No. 2

06
4 09

BREADSTUFF S.

54%
54%

Oats have steadily declined under unloading by "longs,'
prompted by a continued good crop movement, and later the
weakness of wheat and corn helped to send prices downward.
The market to-day was lower in sympathy with the decline in
other grains.
DAILT CLO8INO PRICES OF NO. 2 MIXED OATS.

4 01
4

Fri.

"fl

d.

3 57
3 67
3 59

....

....

DAILY CLOSING PKICEB OF NO. 2 MIXED COEN.
l\ies.
Wed.
Thurs.
Sal.
Man.
58I4
5713
56
56
c.
571a
September delivery
58I4
5618
57'«
57
56
c.
October delivery
5713
5614
57^8
56%
c.
57%
December delivery
59
"4
5814
58=8
58%
58
o.
-i
May deUvery

d
3 58
3 58

....

Wed.. Aug. 31.

September.. 3 67

4

....

....

d.

4

3 61

[Vol LV.

Exports

from—

NewYork
Boston...

Montreal
Philadel
Baltim're
N.Orl'ns.

Wheat.

Corn.

Bush.
831,755
109,116
43,103
342,753
773,880
517,599

Bu^h.
193,407
50,879

9^,890
60,050
69,189

Flour.
Bbls.

106,509
15,631
678
19,572
63,247

Bye.

Oats.

Bush.
3,003
l6,i

Bush.
1,876

Peas.

Bush.
1,496

2'3

919

N.News..

......

Norfolk..

4,827

•

Rlchm'ud
Tot.
8'

week 2,625,211

474,415

216,383

13,128

1,876

1,496

204,131

110,631

119.813

12.693

me time
1891

..

3,787,529

324,881

September

THE CHRONICLE.

8, 1808.]

The visible supply of grain, ooinpriiing the atooks in granary
at the principal iH>int3 of aooumiilatioa ak lake and seaboard
ports, Aug. 27, 1892:
Jtirley,
Oalu,
Corn,
Wheal,
biian.
bu»h.
bush.
biuh.
bulk.
In sinre at—
24.000
6,000
6i 1,000
703.000
3.181,000
New YorU
1-2,000
85,000
25,000
209,000
ntluat....
Do
12,000
5,000
21,000
Albany
11,000
S.OOO
305,000
350,000
2,708.000
Buffiilo
44,000
6,193,000 4,300,000 1,623,000 153,000
ChloiDfo
55,000
37,000
607,000
Milwaukee
1.749,000
Duliith
96,000
91,000
71,000
2.002.000
Toledo
11,000
14,000
43,000
11,000
714.000
Detroit
1,000
361,000
213,000
4.142.00t>
Bt Louts
53,000
Do afloat....
7,606
'5,606
44.000
1,000
Clnclnuatl*
12,000
112.000
101,000
228,000
BoBton
32,000
10,000
86,000
Toronto
66,000
371,000
2,000
'i9;6o6
.-SOS.OOO
_
Moulreal
113,000
128,000
PhllftiluUihla.... l,39i.(X)0
137,001)
"'fio'uo
46,000
31.<)00
Peoria
68,010
5.000
30,000
591.000
IndlanaiiolU....
10,000
93,000
77,000
721.000
K«n«»» City....
51,000
45,000
27,000
2.117,000
Biiltlmore
3,000
4,000
38,000
Mliini'iiiiolU.... 4.128,000
4,000
104,000
Ob Mississippi..
529,000
22,000
16,000
1,894,000 1,355.606
Ou lakes
634,000
66,000
OncanalArlver 1,203,000

381]|ii

"Forget-me-Not" 36-inch bleached has been advanced to 6c.
and Berkley "Coronet" cambrics to 1)4,0. per yard. Wide
sheetings continue sold up in most popalar brand* and
colored cottons, denims, ticklnj;s and fancy ducks are in a
similar position. Kid finished cambrics are in fuller supply
than of late, but still firm. Other domestics are all unchanged. Prints continue very firm all round; all the Oarner
printi have been variously advanced from 2% per cent up to
Sic per yard. Agents have reported better progress with
spring styles of giugham^, but the business in these is
Print cloths remain quoted at 3J,^c. per
still unimportant.
yard for 04 squares, but this quotation is nominal, as there are
no sellers thereat of spot goods and fe t who will accept it for
deliveries up to and including January.
1890.

1392.

A un. 30.

Aug. 27.
Held by Providence mannfactarers. None.
4,000
Fall River manufacturers
none.
Outside speculators (est.)
Stnel-

of Print fHolhn

Total stock (pieces)

4,003

473,»H)C>

123.000
None.
763,000

596,000

—

Domestic Woolens. A very moderate business has been
done this week in heavy-weight woolens and worsteds, but
quite an average volume of orders has been recorded in spring
weights. Piece-dyed and solid colored worsteds and fancies
while in
411,0(H) 333,000 have had the preference in the higher-price 1 ranges,
Tot. Aoic. 27.'92.34,950.000 7,578,000 5,281,000
35:1,000
356.000 low-cost goods all-wool fleece and cheviot suitings have formed
Tot. AUK.20.'i)2.31,779,000 7,149,000 5.046,000
65,518 the bulk of business done. Some buyers have shown dissatisTot. Auk. 29,'i>l. 19.1 24.8 12 .i,61 1,353 3,146.561 2,439.612
Tot Auk. 30,'90. 17,637,744 9,2!)0,647 3.349,933 516,949 470,803 faction this week with the low-priced goods delivered to them,
924,824 291,776
Tat.Aug. 31,'89.14,385,710 11,755,531 6,130,653
stating that they were not equal in quality to the sample lots,
and fears are expressed that some manufacturers, in their
L:ut week's stooka; thta week's not reoelred
endeavor to produce goods cheaply, have overshot the mark,
and that they are likely to have the disagreeable experience
of heavy rejections by purchasers to contend against. Cotton
warps are still slow, and there is little doing in light-weight
NSW York, Friday, P. M., September 2, 1892.
Overcoatings and cloakings are in fair demand and
satinets.
There was little to disturb the even tenor of the market at steady in price. Flannels and blankets quiet. Woolen and
first hands during the past week until just at the close. Trade
worsted dress goods are in steady duplicating request, keeping

THE DRY GOODS TRADE.

has reached fair proportions in the way of new business, with
a continued free movement on account of back orders. Jobbers have placed a considerable number of orders for duplicate lots of merchandise for fall trade, Western houses parConverters
ticularly being prominent in this connection.
have not been an active factor, nor hava exporters tut any
better figure than of late. While the general tone of the market
is firm to hardening, there has been rather more evidence in
one or two quarters of production just now being larger than
the demand, and of less stiffness on the part of sellers, This,
however, is but an incidental experience. The jobbing trade
has again been active and large sales are reported for the
week in all leading departments. For the month of August,
which closed Wednesday, the aggregate business in jobbi ng
circles has marked a considerable ad vance on results attained in
August last year, mainly due to the heavy sales of woolen
and worsted dress good?, silk fabrics and printed cottons. An
occasional department has barely held its own, as in the instance of ginghams, which, although doing fairly well now.
were in slow demand early in August. Country reports of
trade prospects continue encouraging and collections are good.
At the close of the week the danger of cholera obtaining a

manufacturers well employed.
Foreign Dry Goods. An active business has been reported
this week in all leading lines. Fine woolen and worsted dress
goods in serges, Henriettas, cashmeres, whip-cords and in a
wide variety of fancies and high novelties have moved freely,
as have silk dress fabrics, ribbons, laces and trimmings.
Linens, handkerchiefs, hosiery, gloves, &c., are all in steady
demand. The quarantine proclamation has. however, at the
A large
close thrown importing circles into some disorder.
proportion of fall supplies is already forward, but important
shipments are due this month. The enforced delay in landing
those already on the way and the additional difficulty and
expense of getting others shipped introduce new and perplexing features into the situation. At the time of writing importers do not appear to have any clear idea of wliat the effect
will be on market values
Importations of Dry Goods.
The importations of dry goods at this pirt for the week
ending Sept. 1, 1893, and since Jan. 1, anl the same facts for
the corresponding periods of last year are as follows:

foothold in New York overshadows all other considerations.
Should but one or two cases only be reported in the city it is
apprehended that trade will be seriously affected. As it is,
many buyers have pushed their business daring the past two
days in order to leave town as quickly as possible. There
ought to be a good stream of visiting buyers for some weeks
yet, but cholera in New York would, it is believed, divert it
to other jobbing centres. The situation h^s thus serious possibilities for the jobbing trade of the city now in the height of

- c?

its fall

—

2.

fc-.

•

e:

:

O '-'to
b: 5

B,
•

at

1

J0B9

B
5:

—

<0

WW

season.

Domestic Cotton Goods.— The exports of cotton goods
from this port for the week ending August 30 were 2,228 pack-

to

ages, valued at $113,393. their destination being to the points
specified in tho table below:

CO

Krw York

81
17

India

55
t

Total

2,228

145,265
11,890

3,246
3,860

167,975
17,673

2,228

157,155

7,100

185,650

F^om Kew EngUnd mill points

The value of the

Jan.

1,219
8

19
Total
China, via Vancouver,

/Since

3.269
1,043
104,309
4,832
7,788
4,525
9,104
2,651
6,085
22,494
1,875

228
242
992

Central America

818
22
349

3,610
1,178
66,636
4,102
9,990
6,554
11,385
2,651
4,330
32.849
1,980

"126
469

Africa

Week.

1.

"ise
54
300
63
224

1

w
OS
M
118.971 113.635 155,014

1.

27,891
80.3S2

s
s

30.

Wtek. Slnct Jan.

Arabia

1891.

1892.

to Ano.

Great Britain
Other Ktiropean.......

*

B

1^

p

17,611

9,670

wo'cooi
xVi'f-tai'ifc

OiO
cox

2S
<oto

exports since January

t5COM>u.:o
to U< in

rt>>

30

00 to K9 OS
CO

— O«C0

19

000s

Vbfwlub
•^»»-0S05

direct.

New York

14.627 18,072

9,161

OOOXtOH'
1

have

been ?7,337,528 in 1893 against $8,721,155 in 1891.
In brown sheetings business has been of fair extent at first
hands and fully up to the averaaie with the jobbing trade.
The demand has run mainly on 3}^ to 5^^ yard makes, with
4 yard styles in heaviest request. Prices are unchanged.
Drills have ruled quiet for both home and export trade.
Bleached shirtings are mostly firm, and in some instances
further advanced, but there are one or two makes of mediumpriced lines selling slowly and not over steady in price.

to ce

^

c-'

to

QOUtOlUtO
COOP

MWIOOft

•4W

•^0-11-00

coos
U*

>*>

M

"JP

W

THE CHRONICLE.

382

State

at^d

City DtfAiiTM^WT.

TERMS OF SUBSCRIPTION.
Commercial and Financial CHROSICLilG
40

tains

to

180

tains

64

and

State

con-

pages published every week.

City

Supplement

of

CHR01VICI.E

con-

pages published several times each year.

Investors' ^Supplement

of

CHROI^ICLE

peedia of Railroad Securities) contains

160 pages

(a Cyclopublished

[Vol. LV.

The Colorado State D. bt and Tax Rate.—The ninth annual report of the Denver Chamber of Commerce and Board
of Trade has recently been published in the form of an illustrated pamphlot. and it contains much statistical information
useful to investors who are interested in that locality. The
following special statement concerning Colorado finances,
made by State Auditor John M. Henderson under date of Jan.
4 1893, has been taken from this report.
onrsTAicDixG wakbants.
asset*
$738 09
1887 and prior
$133,001 33 ] g'l.fo'n^^ ^^^f ?«,1™I;
72,000 00

coa i-cr? 68
fio
o20,o87

IRSQ
nnfl prior
Tirinr
1889and

every other month.
Subscription to CHRONICLE for one year $10.00,
which includes every issue of both Supplements.

ISQO and npinr
1890anapnor

<>«
ii 28
*3

|

J

3.990 88
3.200 00
Cash. 1889 and prior. 150.344 l6
uncollectPd revenue..
15.35000
Cash, ISvO and prior-.
62.842 82
.

,.p^.;;^^g
35,000 00
J ujjgj,i,j.„jg^
Cash. 1891 and prior
6,125 03
R1 8 77
455,618
7, J uncoUected revenue.. 546.000
^
00
111.047 86 Assessment not made for 1892.

1R91
nrinT
1S91 and prior

.

A'','^

1892 and prior

Tbe purpose of this State and City Department

(

TOTAL INDEBTEDNESS OF STATE.
Warrants outstanding
Bonds outstanding

$1,502,519 13
300.000 00

Bonds in course ol delivery
300 .000 00
is to furnish our subscribers with a weekly addition to and
Total State debt Jan. 4 1892
$2,102,519 13
continuation of the State and City Supplement. In other
Cash iu treasury
$,573,791 10
words, with the new facts we shall give, the amplifications Bonds not yet delivered,
300,000 00
873,79110
and corrections we shall publish, and the municipal laws we
Net State debt Jan, 4 1892
$1,228,728 03
shall analyze in the " State and City Department." we expect
Since 18&.5 the Colorado State tax rate has been S4 p^r $1,000
to bring down weekly the information contained in the and remains the same again this year. Of the 189"2 tax rate,
State and City Supplement to as near the current date as $3'36^^ will be applicable to the payment of warrants and the
possible.
Hence if every Subscriber will note in his Supple- balance, $1'633'3. is levied for general State purposes.
ment on the page designated at the head of each item a
The bonded debt of Colorado was incurred for the purpose of
reference to the page where the item in the Chronicle can building the State Capitol, and the details of the securities
be found, he will at all times possess a complete and fresh will be found in the State and Crry Supplkmsnt, page 131.
cyclopaedia of information respecting Municipal Debts,
Melrose, Mass.— Valuation and Tax Rale.— The Assessors'
returns give the following statistics for 1892: Valuation of
personal

property,

COMPTROLLER MYERS'S ANNUAL REPORT.

real

The report of the Comptroller of the city of New
York for the year ending August 1 1892 has heen
made public this week. It contains, as is required by

the increase during the year, $785,825.
for the present year are $123,604; State tax, $5,757; sewer tax,
$646; county tax, $6,438; total tax, $136,437; tax rate, $1580

law, a full and detailed' statement of the receipts and

expenditures of the corporation during the year and an
account of the money borrowed on credit.
According to the official figures the city had to its

August 1 1892 a balance of $4,445,093 49,
amount $3,127,836 28 was held in the sinking fund.
The Eummary of the receipts and expendicredit on

and

of this

tures

follows

is as

1

1891

From loans

Total receipts
I^ot"!

Gfneral expcDBes nf Oty Government
Expenditures on specml and triut accounts
Total expenditures

Balance In City Treasury August 11892
The summary of the Sinking

$8,1.57.8.50;

The

total valuation in

$405,690;

total,

was $7,;77,7io, and
The appropriations

1891

per $1,000.
During the last ten years Melrose has more that doubled in
population. The assessors give the number of inhabitants as
9,535,

which

is

3,465 less than the requisite

number

for

becom-

ing a city.

—

Secretary G-. S. Ellis of the Bond'"ebt.
Committee has given notice that the books of the

Virginia State
holders'

Planters' National Bank, the Richmond dt>p)sitory for receiving securities of the State of Virginia under the agrea-

May 13 1890, the plan and proposition of November
and the settlement effected thereunder, would be
closed on September 1 1893, and that no more of the secur20.435 58
4,117.655 47 ities will be received by the committee.
2tj,869,510 76
Val nation of Arkansas Railroad Property— The State
$65,990.12150 Board of Railroad Commissioners have finished their work
If67,264,403 80
and have issued a comparative statement showing the mileage
$34,511,875 10
31,435.271 49 and valuation of the railroads in the State for the years 1891
$65,947.14659 and 1893. The grand totals show that in 1891 there were
ment

Balance In city Treasury August
Beceints— From taxes
From general fund
On appropriation account
On special antitrust accounts

estate,

$8,563,540.

$1,274.282 30
32.97(i,5-& 97
2,011,96.3 72

$1,317,25721

Funds shows that the
balance in the City Treasury on August 1 1891 was
1880,226 46. The receipts for the year 1891-92 were
•20,315,392 80, making a total of $21,195,619 26. The

of

38 1890,

2,315'37 miles of r,Tilway in Arkansas, valued for taxation at

In 1892 the mileage increased only 28-17 miles,
while the valu>>tion for taxation is fixed at $18,785,386, an in'

$18,413,640.

crease of $371,646.

New Orleans— Thirty-fonrth Distribation of Premiums
on Bonds. According to the requirements of the New Orleans
premium bond plan, 10,500 of the premium bonds were called
for payment on July 15, and on that date 1,176 bonds were
The total balance on hand to the credit of the City
drawn by lot from those which were payable to receive preTreasury and the Sinking Fund was distributed in the miums as follows

—

expenditures were $18,067,782 98, leaving a balance on
Aug, 1 ]892 of $3,127,836 28.

city depositories as follows.
Bowery BaLk
$50,000 00 St. Xieholas Bank
Chatham Nat. Bank..
5ii,0ci0 00 Seaboard Nat. Bank..
Continertnl Nat. B'k 225,( 00 00 Seventh Nat. Biink...
Corn Excbanite B'K.. 350,000 00 Tliird failonal Bank.

OO
00
00
00
00
00
00
00
00
00
00
5ii.(ioo 00

$50,000
25.000
100,000
50,000
200,000
450.000
25,000
25,000
375.000
25.000
100,000

Fourth National B'k
125.000 CO U.S. Nat. Bank
Geruiania Bank
'.^50,000 00 Western Nnt. Bank...
Hanover Nat. B'k
150.000 00 Continental Tr. Co
Imp. and Tr.Nat. B'k l,370,0it3 49 Holland Trust Co
Mar. & Fulton N. B'k.
26.000 Oil Manhattan Tr. Co
Mechanics' and Tr B'k lOc.oOO 00 Mercantile Tr. C.i
Sat. B'k of No. Anfer.
50.000 00 N Y. Heo ai.d Tr. Co.
Hatlonal Paik -Bank..
22.=>,000
-„....„
00 Washington Tr. Co.
_„. ,
Total
balance August 1 1892
$4,445,093 49
The total amount of money borrowed by
.

,

—

the city

1

premium

5

do
do
do

20
50

of $5,000

SEMI-ANNUAL PREMICM8,
100 premiums of $50.... $5,000
$5,000

1,000

5,000
10,000
5,000
of bonds drawn for

1,000

do

20....

20,000

.500

1,176 premiums

$50,000
has been sent to the

100

premiums
The list
Chronicle by the New Orleans Board of Liquidation, and we
publish the same in full below.
$5,000 Premium. — The one premium of $5,000 was awarded
to the bond numbered 767,096.
$1,000 Premiums.- The five premiums of $1,000 each were
awarded to the bonds bearing the following numbers
:

7eS,7a6

580,494
29,751
179,8*3
during the jear was, according to the report,
$26,869,$50i) Premiums.— The twenty premiums of $500 each were
640 76, and the total amount of debt redeemed
was drawn by the following bonds
124,037
261,518
64 728
79,905
155,289
2(12,.1S4
73 045
•23,547,338 00.
891.86J
The total bonded debt on August 1 428.7.11
8,-^5,36»
45ll,«98
489.308
7a7,07»
614,569
659.331
449,H!)1
832.686
SlQ.aSO
8 jB,312
8; 1,307
1891 was $164,393,328 08, and at the end of the
year
$100 Premiums.— The fifty premiums of $100 each were
it was $167,715,630 84.
awarded as follows
368,!01.

;

:

•

I
1

SlPTKMBER

THE CHRONICLE.

8, 1893.]

«M

ZbS

series numbers of the bonds called for payment on July
were published in the Chboniclb of April 80, volume 54,
em.TM page 784. For explanation of the premium bond plan see toI809,8W
lllSl.lll
M7.890
080.808
MO.liS
86<I..SiHI
H7l.;(7U
9U4.fi74
l>16,76«
ume 08, page 948.
I'St'.M 8
«eu,M7
of
each
hundred
premiums
|50
The
one
|50 Preinium8.—
were awarded to the bonds haviiiK tlie following numbera
Bond Proposals and .Vogotiattonii.-- We have re600,605
873,078
403,&ie
767,079
M2,278
iii;i.ii70
311.007
30,111
068,r,ol
718,701
809,260
871.Mt
m.'i.i'HO
403.678
ceived through the week the following notices of bonds
311.011
30.41)9
-'3 1. ^18
718,7U-J
Ofi8.r>i2
817,081
874,364
3(W.707
403.809
I4.8IS
•02.HI';)
recently negotiated and bonds offered and to be offered for
7-J»,207
826,064
874.388
S7«.6«ll
604.1170
...I..Mi!
M.749
38.381

».7»7

30.101)

l«»,7IH
WW.T'JI

;l<.H.7ii(»

81I8,7UU

4S1I,

M3.37.^

171'

h:M

51)

70

07,809

07.8M

887.714

W7,8M

8»7.87»

tS0.8M

<U8.n7»

««8.7M
SM,S»t

8M.11iS
817.07V
073,461

lll.«<7
SOl.OSi
471.17S
ata.tta
817,068
07i,40<

The

111,1)07

801.008

«7<,a'Vl
8ft0.820

1

15

:

8(1,033

«0.I.H5

2.-.i,r.:.o

80.238
e7.n"7

•,'.'.l..,-8

^01 ,SW1

xiV-'.,'.:.8

400.318

117;

40'>,3&S

II

1,11 l:l

U •.!-•)

420,308
MS'.iIrt

ISl.'if.l

I-J1."11
l.'>:l.:.

:

s

103,0«

.I-.'.'?

:

::.

:..:.

-^M
^s,)

3311.010

480.!<14
480.3.^0
480,3IIS
4e:t.031

604.642
C0I.610
818,213
814,637
630,187
664,480
887 ,331
867,303

680,W1

728,219
731,213
711,321
711,387
75^.025
768,872
782,788
703,207
787.000

836.730
846,160
816.161
b4«,72l
816.777
819.203
873.923
873,0J9

^88,el6
882.640
804,608
004.613
004,628
020,186
020,188

120 Premium?.— The premiums of |30 each to the
of one thousand were drawn by the following bonds :
29.702
211.7 IS
20,721
20.735
20.737
«0,?3»

117,318

•297,8.3

428.787

117,: al2

42.).319

2l',768

i:i.'N»i
121. »:.'>
121.1127

297 816
287,818
207,803
207.806
297,874
297,878
301,004

20.771
20,770
89.781
20.785
28.704
88.788
•O.lOfl

80.113
80,4j7

80.444
80 446
80,161
80.466
80.468
80,180
80.4O4
80.406
88.802
88.317
38.326
88,320
S8,3l0
88,348
88 360
38.374

88.378
88,381
88.387
88.300
41.807
41.860
41.8'<2
44.5.71

41/188
44.887
41,888
44.897

81.708
84.711
81,7i2

M.7ta
64.787
fi4.7i2

84.768
«1,7S5
64,708
80.421
80.432
89.110
08.460
80,467
80.470
68,4.8

«0.1S6
89 4'-8
73,002
78.005
73.008

73.088
78.040
73.064
73.070
73.'>81

79.921
70,018
79,058
70,901
86.*r2
83.212

n7,:i:.-.
ll.-,:.S)

li;,;;sj

121.005

121.UM

801,1)28

1211,702

301,028
301.033
801,010
301.003
301.065
801.0:8
301,08)
301,004
301,005

139.706

3-J1.0U8

12.'.707

318.908

129,720
129,734
120,712
129.761
120.762
120.771
120.788
120,7r0
120,790
129.704
153,628
163.674
163.584
153.600
155.214
155.221
155,225
155,238

318.0123

121.1135

121.03B
121.057
121.072
121.073
121.08
121.006

1:.5.2.<1

15;..277

156.284
156.209

178310
179.811
170.867
178.8:2
170.878
170.881
179.898
103,911
103,027
19S,868
108,878
188,886
103,069
210,704
210.738
210.717
210.763
210.751
210,767
210.772
210.773
310,775
210,780
210,781
210.788
210.787
210 791
210.707
210.799
2:U.2"7
2>1.2,8

2)1213

818.}38
318,948
318,970
318,868
318,081
318.007
328.801
338.804
828,814
8Sb,827
828.856
328.870
328.873
328.882
328.883
335.808
335.814
335.816
336.318
835.818

336324
335336
336338
336310
836,864

33o379
338.806
338.926
339.928
339,9<28

839.038
330,910
339,914
330,052
33.),O01

339.079
330.991
330.936
339,899
311.018
311.0^7
311.066
311,000

3U,076
841.098
368.702
368.703
8<!8.722

308,724
.3(18 731
308.743
SB8.718
368.753

420.332
120.337
420.311
129,316
I29.3l8
429,351
428.357
42».372
420.378
429.390

686,-223

666,228
666,247
656.218
656,261
168.281

4l3,iill

413,016
143,0-28

113 036
113,038
113,059
413,065
413,073
418,086
443,081

448301
148.306
449.3C0
418.312
119.320
419.321
419.311
140.351
110.358
149.363
449.865

448376
419.381
149.307
450.822
150,8'27

460.830

150818
450.869
450,896
466.603
468,848
466,663
46A,l'82

171.102
171,128
171.141
471.142
471.165
471.166
171,180
471.107
172.201
472,213
472.211
472,232

3.82..37
:t82,313

492.007
402,000

251,578
251,591

382.217

403,6118

382.21)1

103,520
193.530
193.510
103,512

«7.7'l0

111,621
lll..-n
111.631

202.505
262.590
264,624
i;64.634

241.654

lll.«:J9

2 H.OtifJ

111

2'U...70
2'U,'i77

d.'.o

lllB.!
Ul.i)55
111,600
Ul,6<'2

3811.1)21
ItSfl.rSl

386,038
386.637
386.638
386,656
381,671
388,080
388,681
384,6113

Ul.681

201.082
26e,600
266.5.3
366.838

116.106

28i>,660

llS.Ul

341361

266.565
286.570

3J1,370
391.306

266 372

391397

•268,5-7

100.306
400.307
100.316

116.113
116.118

UB.119

301,302
381,306
301,317
391 3 ;4

116.432
115,137
116,1.9

2

11 .i.W

27:i..W.)

100 331

115,17.1
lli.l'<2
115.18-,

-71,07.1

10II.361

•-"7,711)

U5.188

2M7,7:i5

400,3.6
421,701
421,700
121.768
121.768
138.712
128.730
128.731
128.736
438,737
428.710
1-28 763

(I

592

273.1103
27:i,r.c,|

'."7. 721

11-J.l-O

2.'7,7:t7

116.103

2-*7.710

U7.S06

•287

U7,3ii7
117,309

2-(7,7.>l

U7.310

287.7,-i0

117.331
117.3 8
117,339

711

287.773
2')7,702

287.790
•297.807

4110.320

689,.530

809 230

609.510
609,577
669.688
669,696
706,708
706.713
706.718
706.743

809,232
809.233
809,235

867313
667316
887.221
687.325
887,210
667 316
667.248
667.260
687.200
667,819
667,322
667,328
867.332
667.331
667,336
607,383
667,381
667.388
667,389
867,306
667,399
669,608

689324

706,7«

718.761
718,773
718,796
728,221
728.223
728.261
738.260
728,271
728.291
738.394
728.297

489 399
402.001
402.011
492.0-0
492.028
10'2,020

492.01!
192,051
11)2.1)53

4'.)3,532

61
103,562
193,563
493 564
493.587
41'3.,

40-3,570

403,576
403.588
403.593
493.501
197.812
497.917
497,024
407.025
497,932
407,938
497,986
497.870

612,283
013 395
611 618
614.634
614,5-28

614.535
611,512
611,519
611.C63
611,566
611,573
611.585
611,590
630.111
630.113
630,1.-3

630,133
630.135
630,139

OJO.UO
630.117
630,152
630,158
6J0,lt2
630.174
1.30 178
630.183
618.815
618:630
018.631
648,036

763.7.'8

680,625
669,536

681,433
684.440
884.443
884.460

718 758

604 636

789.651
769.665
789,688
760.670
789.663
769.686
789.686
789,889
789 806
789.898
769.700
768.708
782,712
762,715
762,716
762,721
762,731
762,r37
762,750
782,778
762.788
783.788
763,203
763,308
76»,208
763,219
763,221
763,212
763,249
763.250
763 254
783.269
763,271
783.292
763,297
767,005
707.006
767.011
767.923
767.038
767.038
767,030
797.090
767,003
800,201
809.210

813,-263

.'.2J

2l:-.5o2
« ;.50O
2<.2.Mi5

661136
664130

(12.256

2.">15)l
251..i61

-

669,380
659.361
669,376
660,303
664,113

612.-253

211

:i8 i.'ioa

660369

189.3:-3

86.2')5

MD.rtitf
388.1120

600.478
680.186
660,191
560,493
601.310
591.311
601.328
691,339
691,352
601,370
501,372
591,374
694,380
694,384
81H.501
601,606
604.&O8
601.512
8ol,&13
601,525
801,618
601,667
601,574
601,579
001,696
601,603
604,605
604.606

889367
860.388

189,375
189.388
489.391

172.-218
172.2.53

«6.256

2'12...15

6110.467

880,318
869.338
869,344
689,347
689.381

472.269
472.270
472.287
472.292
189.325

473.213

2^1, 2S5
2 1.2^7

282.,ilO

665.208
660 402
660.403
660,110
680,415
880,423
680,438
660,445
660.446
880,400
660,166

689394
8683»7

601,639
601,646
601.661
604.601
612.301
612.207
612 211
612.217
612 231

172.-23a

S6..80
81,252
80,277
86.290
07.626
07,626
87,e3I
07,812
A7.60I
07.662
»7,68;

686.21)4

859,393

706,763
708.765
708.789
706.776
706,788
706.790
706.796
718.706
718.712
718.716
718.727
718.728
718,731

368,780
372,515
312.618
372,519
372.576
372.597
382.228

80,235

643,311
613,322
813,330
613,332
643,339
643,368
618,378
666,204
6 8,217

429.396

8»J83<I

811.215

6t'<,305

429 391

2il.211
2.a 218
211.218
2.1 2-15
2J1 370

388,71-3

843.302
813,303

809,-287

809 268
809 371
809.280
809,281
809,283
809,398
809,297
817,907
817,830
817,9-28

817.962
817,967
817,959
817.961
817.962
817.963
817.973
823.725
823,738
823.737
t>'23,73a

8-23.756

823.757
823.76-J

731,227
731.219
731.231
731.284
731.289
731.295
739.515
739.511
739,512
739,515
739,547
739.667
739,863

823.7a8
823,770
833 791
833,702
833.794
825,009
835,023
825.025
825.033
825.065
82S.097
835.703
835,736
835.738
835.715
836,719
8 5.760
8!5.782
8J5.786
835,783
816.432
816,440
816.466

730 584

(•45,157

731303
731.211
731.211

7:d231

062.M1I
062.871)
076.121)

076,183
080,818
006, IM

886,183

number
873.931
873.0; 18
873.1110

873 070
873,979
871,303
874 3.15
871,3-21

874,355
871,368
871,376
871.392
882,IK)2

882.601
882.H05
882,(120

883,023
883,028
882.031
882.610
88-2.013

882,662
883.607
882.876
862 U8I
001.538
9(M.511
901.511
901.551
901.5.39

904,560
901,570
901.000
915.713
915.760
915.771
915,783
915.789
015.791
916,792
920.100
920,129
820,139
020.112
820,150
920,155
820,1(10

920,161
920,167
930,198
942.303
942,205
942,216
942,318
842,2^20

912,238
942.229
942 210
912.311
912,213
942.215
912 256
912,258
912 201
913,277
912.270
913,290
012.298
058,603
958,535
938.538
968,530
938.514
958,562
05^.571
95-,579
058.587
968.590
062.-01
962,815
962.8:)3

963.-31
962,818
062,861

082 807
962.808
963.8o0
062.895
973,411
972.115
972,131
873.155

872103
972161)
973.178
973.lt

972.4S1
072,111
972,193
075,101
975,128

789386

816,166

815182

076,i:)ll

816,702
816.706
816.712

9751311
976.453

tH8,871
818.673
818,679
818,700
655.303
855.313
666.323
655.329
666.337
888.348
868.348
866.360

741,333
7.1.339
711.352
711.380
7<1,308
741,303
758.617
768.822
768.829
758.630
768.834
758.860
768,661
758.682

816.7U

976,19(1

8|i).783

980,807
080.813
080,810
060.A31

866 361

768' 668

499 663
49 .687

666.368
666,394

633.013
631,019

069330

758,681
760,803
769,608
759,604

886.368
868.282
856.t92
856.286
866,299
873,911
873,817
873,919
873,929

407.1 «a

497,9v2
487,998
197.099
499 517
4 9.528
188,636
499,666
499.500

633,0S'<

633.067
833.079
633,099

6»8,'

58

869,247
868,251
869,262
8693IS8

869377

7U302

769,6U
789 818
769,626
769,844

816.767
816.783
840,'233

819,232
819.271
819,291
868.301

868336
866360

975.1,->3

880.83.1

980.829
9O0.8S7
960.652
960.858
8?0 881
960.873
060.871
080.000
9116.1IN)
996,ll!:l

996.132
906.16..

996 172
986,196

sale.

—

Adrian, Mich. The citizens of Adrian have voted to i^sue
bonds for the purpose of purchasing the local water works. >fo
definite action has as yet been taken by the Common Council,
and the amount and rate of interest are not reported. The
total assessed valuation of Adrian in 1891 was |3,953,780 and
the tax rate per $1,000 was |30 40. The city has no debt of
any description.
Boston, Mass.—(Statk and City Supplement, page 21.)—
City Treasurer Alfred T. Turner writes us that an issue of
bonds to the amount of $200,000 for a new insane hospital has
been ordered by the Common Council, but it has not jet been
decided when the loan will be offered for sale. The bonds
will bear interest at the rate of 4 per cent per annum and
matuie July 1 1912.
Brooklyn, N. Y.—(State and City SappLBMENT, page 44).—
Comptroller Jackson will receive sealed propo.sals uniil Tuesday, September 13 1893, for the purchase of the whole or any

part of the following loans
J200,000 of S}{ per cent

:

Permanent Water Loan Bonds,

reg-

payable January 1 1911.
$200,000 of 3% per cent School Building Bonds, registered
$100,000 payable January 1 1918 and $100,000 payable January
istered,

;

1

1919.

$200,000 of 31^ per cent Twenty-sixth and adjacent wards
Sewer Bonds, registered $100,000 payable January 1 1915 and
$100,000 payable January 1 1916.
All of the above bonds are exempt from taxation by the
City of Brooklyn and County of Kings except for State" purInterest payable January and July of each year.
poses.
The total assessed valuation of Brook Ivn's real estate this year
is $467,607,395, and that of personal properly $16,615,947.
The
real esiate shows an increase of $18,804,935 over 1891 and the
personal property a decrease of $1,485,833, making the net increase $17,319,093. The reduction in the assessed valuation of
the property of the elevated railroad companies was nearly
$5,000,000, and the city has taken property worth nearly
The valuation of per$1,000,000 for the Bridge extension.
;

sonal propertv has steadily declined for several years.
years ago it was $33,000,000.

Five

Buffalo, N. Y.—(State and City Suppleme.vt, page 45.)—
Common Council has ordered that $100,000 of water
bonds be issued to refund the 7 per cents falling due in Octo-

The

ber of this year.

CharlottesTille, Va.— (State and City Supplement, page
The people of Charlottesville will vote at the coming
general election in November on the proposition of issuing
$135,(X)0 of city bonds.
Of this amount it is proposed to issue
$80,000 for sewer purpose?, $25,000 for school purposes and
$30,000 for street improvement purposes. The bonds will all
bear interest at the rate of 5 per cent per annum and will become due 30 years from date of issue.

—

148.)

Cincinnati, Ohio.—(State and City Supplement, page
On August 37 the following bids were received by City
Auditor D. W. Brown for additional paving bonds to the

—

77.)

amount

of $4-50,000.
Bid.

BUI.

I

Kuhn &Son9
$131,1'25 Atlas National Bauk
$451,030
Wcatern German Back.. 431,111 Citizeus' National Bauk,. 453,960
German National Bauk. 451,010
The bonds are of the denominations of $500, dated June 1
1893, redeemable on or after June 1 1903, and paya'jle June
1 1913.
They bear interest at the rate of 4 per cent, payable
semi-annually at the American Exchange National Bank of
8.

1

I

.

New York

|

City.

Cleveland, 0.— (State and City Supplement, page 78).—
Bids will be received by the City Auditor until September 19
for the purchase of bridge repair bonds of the city of Cleveland to the amount of $lfi,000. The loan will be composed of
coupon bonds of the denominations of $1,000 each and will
bear interest at the rate of 6 per cent per annum, payable
semi-annually.
College Hill, 0.— Village Clerk F. R. Strong writes the
Chronicle that the $13,000 of side-walk bonds recently advertised for sale were awardeil to the Wtstern German Bank
of that place for a total premium of $15.
The bonds are in denominations of $500 eac'^ dated Sept.
1 1893 and payaljle Sept. 1 1913.
They bear interest at the
rate of 5 per cent per annum, payable seiui-annually.
Ciimberiand, Md.—(State and City Supplement, page 73
—The special election held in Cumherland on August 39 to
vote on the question of issuing $100,000 in bonds to Increase the
water supply of the city resulted in the defeat of the proposition
by a majority of 336 votes. A special disi>atch from that citj" The prevailing sentito the Baltimore Sun reads as follows
ment in favor of a reservoir instead of a direct pumping system ia largely responsible for the defeat of the measure.
Many of the voters declared themselves opposed to authoriz:

THE chkonu;lf.

381

ing the expenditure until the people were informed of the
manner in which the money was to be expended. The probaearly
bilities now are that another election will be held at an
day, and that an appropriation sufficiently lara;e to cover the
expense of builJiag a reservoir will be askeJ for. The situation regarding the present water supply is too embarrassiug
to remain unsettled, and some means must be employed to
supply more water."
Douilas Co., Neb.— (State and City Supplement, pa»;e
118).— We are oflBcially informed that this county will issue
road bonds to the amount of $130,000 and $500,000 < f railroadaid bonds. The present debt of the county is $546,000 total
assessed valuation, §25,739,851 tax rate (per $1,000), $33-95.
Dninth, Minn.— (State and CitySupplement, page 103.)
The Secretary of the Duluth Board of Education, Mr. A. LeEicheux, writes us tbat the matter of iseuing $100,000 of 5 per
cent 80- year bonds which were recently voted is now in the
hands of a fpecial committee, who will report at a future
meeting of the Board.
Fort Wayne, Ind.— (State and City Supplement page 88.)
—On September 7 1893 funding bonds to the amount of
$84,000 will be sold at auction by the Common Council.
These bonds are ifsued in denominations of $4,000 each,
bearing 5 per cent interest, payable semi-annually at the
Hamilton National Bank, of Fort Wayne, Ind.
;

;

Bonds mature as follow s: One on the 15th day of Sei'te.nber,
1898 and one on each succeeding year for five years thereafter.
GaineSTille, Fla.- An election will soon be held in Gainesville to vote on the question of issuing $13,000 of improvement
bonds.
Qlendale, Ohio. Proposals will be received by Village
Clerk Lewis Shillito until the 38th of .September 1893 for the
purchase of seventy water bonds of Glendale, being dated
September 1 1892 and payable in thirty years from date.
Each bond will be for the sum of five hundred dollars, and
bear interest at the rate of five per cent (5 per cent) per
annum, payable semi-annually.

—

Gloaeester, Moss.^State and City StrpPLEMENT, page 34.)
following notice of the bond sale this week has been
•ent to the Chboniclb by City Treasurer Edward DoUiver

—The

:

NEW

NEW

LOANS.

SALT LAKE CITY, UTAH.

$250,000
5

[Vol. lv.

" The city of Gloucester $.50,000 highway improvement 10year 4 per cent loan was awarded to the Gloucester Safe Deposit & Trust Company at lOl 75.
The other bids were as
follows:
Brewster, Cobb & Estabrook, 101 '56; Equitable

&

Mortgage Company, 101-27; Blake Bros.
Co., 100-91; E. H.
Rollins
Co., lOD-81; Lamprecht Bros.
Co., 1007616; B. C.
Jones, 100-70; Spencer Trask
Co., lOO-liS; R. L. Day & Co.
100-53; Gay
Stanwood, 100-514; Third National Bank, 100 39;
100-10."
Cape Ann National Bank,

&

&

&

&

—

Graresend, N. Y. Proposals will be received by Supervisor
John Y. McKane at the Town Hall otGraveseud on Thursday,
September 8 1893, for the purchase of $30,000 bonds of the
town of Gravesend, 5 per cent liX!al improvement loan, payable forty years from the first interest day following the date
of the bonds.
These bonds are issued in pui-suance of Chapter 118 of the

—

Laws

of 1893.

Hagerstown, Md.— (State and City StrpPLEMENT, page 74.)
Improvement bonds of this city to the amount of $7,000

will

soon be offered for

sale.

Kern and Tulare Irrigation

District, Cal.— Bids will be
received by the directors of the Kern and Tulare Irrig.ition
District until September 6 for the purchase of $700,000 of 6 per
cent bonds. The-e bonds will be of the denominations of $-500
each, and it is stated that they will not be sold for less than 90
per cent of their par value.

Kissimmee, Fla.— It is reported that the citizens of Ki^simwill vote on the proposition of issuing improvement bonds

mee

to the

amount

of $10,000.

Madisouville, 0.— Bids will be received until Sept. 17 1893
by Bennett Carter, Village Clerk, for the purchase of sewer
bonds of Madisonville, Ohio, amounting to tbree thousand four
hundred and fifty dollars. These bonds will bear date Sept.
13 1893 and will be payable one year after date, with 6 per
cent interest, at the Fourth National Bank, of Cincinnati,
Ohio.

Vewbiirg, N. Y. (State and City Supplement, page 50.)
-The following list of bids received for $18,000 of 4 per cent
refunding water bonds maturing September 1 1913 has been
sent to the Chronicle by City Clerk D. J. Conant.

NEW

LOANS.

INVESTMENT BONDS

N. W.

LOANS.

&

Harris

Co.,

BANKERS.
FOR SALE.

PER CENT

NEW YORK,

CHICAGO,

BOSTON,

Public Improvement Bonds,
Redeemable after July
able Jnly

1,

IBO'i,

LISTS

and Pay-

ON APPLICATION.

OFFER

igi2.

1,

INTEREST payable JANUARY AND JULY. members ofthe New York and Boston Stoik
COUPON BONDS OF »1,000 EACH.
PAYABLE IN NEW YORK.
Excbaaies.
Real ralne taxable property .¥8.5,000,000
Asaes'd value taxable property 31,0'.J8,030
Total indf'btednesi*,
Incld'K tblslasue.. SI, 300,000
Less water debt (included
313,648

DEALERS

than 2 per cent of the
usessed valuation, and by act of Congress approved
Jnly SO, 1888, the Indebtedness U at aU times Umitca
to * per cent of the assessed valuation.
The city owns water works valued at tl.600,(»!',
which furnish a net Income of KSO.OOO per annum.
The lesalliy ofthe Issue bus been approved
Is

103

ASD INTERKst,

the Investor

4H

COMMERCIAL. PAPER.

at

XrALL

ST.,

&

Blake Brothers

&

Co.,

S

STATE STREET, BOSTON.

NASSAU STREET,

NEW YORK.

NEW LOAN.

CITY.

AMD

OTHER APPROYID SECURITIES
FOR INVESTORS
FOR 8 ALB BY

FISHER & SHAW,

SPRINGFIELD, MO.,
5 peroentSchool District Bonds,

DUE

191i. OPTIONAL AFTER 190!J
PRINCIPAL AND INTEREST PAYABLE IN N. T.
Assessed valnntlon
<7,149,61«i
Total debt (less thnnl l-Spr.ct.)
104,000
Population certined April, 189-2.
24,000
*'l»«>'J'-l f Imlts Municipal
D^£'ta'^'»P,°i^''"V/
ueois to a per cent of Assessed
Valuation.

BALTinORE, nARTLAND.

FOR SALE BY

Geo. A. Fernald
80 Wator

St.,

-

Stirk

20 year

5s.

20year

5s.

20 year

5s.

10 20-year

-

Knoxville, T< nn.,

30-year

•

Co., 0.,

5?.

5-".

13-year o".

8year

5s.

Menominee, Mich.,

8 year

Cs.

Slielbjr Co., Mo.,

Syriar os.

Co., 0.,

Frankfort,

•

Ky

,

-

20-year

(is.

&

^•JUtUUUbouds for sale, dated Auk. I,
18»2, payable Aiir. 1, 1895. iutcrest .5 per ceut,
pajable 6eiiii-aiiniiall.v denoniinatiou, $1,000
eaeh. Staled bids will be received for all or
auy part ofthe above iesue with aceruid iuttre8t at tbe Court House, Paterson. N. J Sept. 2,
10 A. M. Assessed valuation of Passaic County
1892. *14,000,(JOO; preseut debt. *5t>(!,000,
lDcludli'>f temporary loans in anticipation of
taxea. Further lnfoiuiiiti<in will be supplied
:

,

ou application. No coudilioual bids will b«
received. The tiicht is reserved to reject any

or all bids, if deemed for tbe interest of tb*
county so to do.
W.M. NELSON, Clerk of the Board.
Patebson, N. J., Aug. 18, 1692.

Wm.
Co.,

Fisher

BANKE118

Cor. Devonshtre.

BOSTON, nASS.

•

,

58.

20-year 5s.

•

<8i^A AnnP-*8SAlCC(>UNTY(N.J.)K0AD

$65,000

INVESTMENT BANKERS,
4 South GalTert Street,

111.,

Lawrence
28

CO.,

CITY BONDS

Neb.,

Decatur, 111

which they yield

NEW VORK

,

4s.

10 year 43^s.

SOyear

AsLlaud, Wig.,

Aurora

per cent.

BLAIR
88

IN

80 year

•

-

Topeka, Kan.,

Gage Co

less

hy our couosel, and we recotnniend the
bonds as a desirable Investoieut. PRICE

Cleyelan'',

Omali?, Neb.,

Net debt
063,33'^
Population (1890) 3*^732.
From the above statement It will be observed that
the net debt of the city

Minneapolis,

23 Soath

u

.1 1.

T

I

&

Sons,

AND BROKERS.

mo

»(lreet,
li E',

ji

n

Seftembrr

8,

THE (CHRONICLE.

1893.]

Bid.
N»wl)ur(f 9«vlnKS

lOHOO nnnlol

Ban*

A. Mornti

New
Trust

Wash.— Binds

Whntponi,

108-43
10917

of

&

have been sold

j.")!!, 01

of

Denver School District, No. 7, Colorado.— The
of this district have been advertii^inK for bid^ on a
$13,000 issun of bonds. Offers were to l>e reoiivcd until Sep-

New Whatcom

fo ilio

tember

:

|

of $20,000.

Paterson, N. J.— (Statb and City StJPPLEMENT, page 81.)—
In answer to our inquiry concerning the report that Paterson
would isfcue bonds to the amount of $65,000, Treasurer Baldwin writes ttat no bonds will be issued by the city for the

STATE AND CITY DEBT CHANGES.
We subjoin

present.

last

Quincy, Mass.—{State and City Sopplkment, page 29.)—
^t a moeiing of the Quincy City Council held this week, iin
order to channe the date of re-issuing the water bonds from
December 1 1 September 1 was dtfeated. The amount of the

—

58.)

A telegram from Rochester states that City Treasurer Williams Adams is County
will sell at public auction on S.pt. 13 $1,000,000 50-year 3»^
per cent bonds for the purpose of furnishing additional water
supply to the city, the city reserving the privilege of paying
any and all of the bonds at any time after the expiration of

NEW

LOANS.

Treasurer.

Kings County includes the
most of the county's area,

CHICAGO.

LOANS.

Union National Bank,
CHICAGO.

6

idated Street Ry. Co.
Pint Mortgage Sinking Fund Bonds.
dated J CLY 1ST, 1882. DUE JULY 19T, 1922.
Redeemable after Julj
Redeemable after July

Ist,
1st,

&

H.

E.
36

WALL

Sons,
Rollins
STREET, NEW YOKK,

CONCORD,

N. H.

S30,000
Lehigh Valley
Mortgage 4

1-2

Per Centtiold Bonds.

DUE JULY,

City of Sandusky, Ohio,
DOCK IMPROVEMENT 5«.
Price and Particniars on application.

1940.

Frlndpal and Interest Guaranteed by the Lehlgb
Valley RR. on each Bond.

PRICE AND DATA ON APPLICATION.

$3,ooo,ooa
7oo,ooa

-

A reffular Banking Business Transacted. Aooonnt»
of Banks and Bankers, Mercantlleand Mannfacturlnf
Firms or Corporations, received on favorable terms.
ForelKn Exchanse Bou^bt and Sold. Commercial
and Travelers' Credits, available in all parts of the
globe. Issued. Telegraphic Transfers made with all
United
Srlncipal European and Domestic Polnta.
tates and other tlrst-claas Investment Bonds dealt

^

FARSON, LEACH & CO.,
CHICAGO.
113 Dearborn Street.

COBRBSPONDBNCE SOLICITED.

NEW YORK,
'i

Wall

THE
Investment

ST. LOUIS.

Street.

dAMl,

Co.,

»l50,ooo.
CAPITAL Paid Dp,
Choice InTeatmenle in the moat Conaervatlve Field in the West.

Guaranteed First Mortgages on Improved lands
SIX
n Iowa and Eastern Nebraska. 8afe and Desirable.

PER GENT

A..

JHO. H. BLISSINS.

OATIiOBD,

&

Gay lord,

Blessing
Co.,
BANKERS AND BKOKBR8,

DE8 MOINES, IOWA.

Co.,

R'y

Paid-np Capital.
Snrplasy

Lewis

OF XEW YORK,
l8t

875,000

1902 at 105.
1912 at par.

Interest payable semi-annually In Now York.
Send for circular glTiug full description and price.

which covers

city of Brooklyn,

f^" See next pa^e for continuation ol debt ctaanges.

NEW LOAN.

$200,000
PER CENT GOLD
Portland, Oregon, Consol-

City Stn'PLEYiENT.

page 48.) The following statement of the financial condition
of Kings County has been corrected to date by means of the
County Treasurer's annual report recently issued. Mr. H. H.

of $100,000.

NEW

State and

our

||New York— Kings County.—{State and City Supplkmekt,

Radford, Va.— An election held recently in Radford resulted in favor of issuing improvement bonds to the amount

Y.—(State and City Supplement, page

of

of these reports are wholly new and others cover items
of information additional to those given in the Scpple)CB5T,
and of interest to investors.

$35,000,

Rocltester, N.

reports as to municipal debts received since the

publication

Some

>

is

announced.
buUding lionds to

1

portion of the

for a

t)een

city will iiisue scbr.ol

Wyoming, 0.— Bids will be received until September 19
1802 by W. A. Clark, clerk of the village of Wyoming, Ohio,
for the purchase of the following described bonds
$16-50 10 bondii, e.icb for
tiS-tl
10 bonis, e.i<"l> for
180-20
18*28 lObondf, eaob for
10 bou(l8, enoU tor
35-24
10 bouils, Kuoh fur
The bonds will be dated Sept. 1 1893 and one of each denomination will be payable in one, two, three, four, five, six,
seven, eight, nine and ten years reapectividy. Thoy will bear
interest at the rate of 6 per cent, payable annually, and are
issued in anticipation of the collection of asse-isments. The
amount of each of said bonds may be reduced becaut'e of the
payment of assessments in full within thirty days.

annum.

C— In order to subscribe

—This

the amo'int of $8,010.

Oxford Coast Line Railroad Co., it is reported that the town of Oxford will issue bonds to the

loan

The award has not yet

SiifToll', Vfl.

capital stock of the

amount

1.

to the

E. Wichirar until Sept. 29 1893 for the purchase of ten street
itnprovcmont bonds of Norwood, Oliio. These bonds will I*
dated Sept. 25 1893 and payable in 1, 3, 8, 4, !i, 6, 7, 8, 9 and 10
years respectivoly. Each bond wdl be for the sum of ?88S 0!)
(or less if pmt of the a^esjmont in anticipation of which they
are issued is paid in cash), with Interest at the rate of bix per

Oxford, N.

b*

South

pany paid a premium of $«50 for the loan,
Norwood, Ohio.— Bida will be received by Village Clerk W.

cent per

bid of leas than par will

officers

PuRet Sound Loan,
BaukinK Compnny of WUalcom, Wash, The com-

amount

No

90 years from date of issue.
accepted.

Bid.

ACo

107'»6 lanuo W. Sborrlll
Edwniil i: JoufH A Co
105-42
W. J. nByesAsSvin?
The loan was awarded to the last-named party.

386

ST. LOVIS.
WBBTKON BBCnRITIES AMD

HIGH

QRADE MUNICIPAL BONDS
A SPECIALTY.

Geo. M. Huston

& Co.

AIV n^D PCUT I^^^^ii^Q''® Bonds, securC. H. WHITE & CO.,
olA r Cn vCrl I ed by deposit of First BOND AND STOCK DEALERS
93&74 B'way. .llerchanla' Nat. Bk. Bdc Mortgage Loans with an Eastern trustee. Fifteen
We buy and sell ontriKht WoBtem

MEW YORK,

TA«OMA, WASH.

all

Mortgage Loans

W. A. HOTCHKISS,

GEO. H. LEWIS,

IN

Act'g Secretary.

President.

FAIRHAVEN,"

TEXAS.
MO COMMISSIONS charged

borrower or lender notll
loans hare proven good.

FRANCIS SniTII &
SA!*

CO.,
ANTONIO. TEXA8.

Lamprecht

Bros.
BANKERS.

&

Co.,

MUNICIPAL BONDS.
Cleveland, Oblo, Perry-Payne B'ld's
Boetnn, .TlaiiK., At State Street.

New York,

II

Wall

Street.

THE WALL STREET JOURNAL.
An Inralnable Bnanclal daily »S a year. Sample oou/
free. DOW, J0NK8 A CO.. i^bllahera. 41 Broad Si
;

Municipal

7ZAR8' SUCCESSFUL KXPERIINCC SEND FOR PAMPHLET.

BELL.INGUAN BAY,
THE FUTURE METR0P0IJ8 OF PUGET SOUND.
Is

destined to be the great Manufacturing and
mercial Center because tt has

Com-

The Largest and Safest Ilarboron the Paciffc Coast.
The Greatest Area of adjacent Agricultural Land.
The most Magnificent Forests of Timber In the world.
The finest Natural Town Site and Water Front.
Immense Veins of the Best Cual In the West which
produces a coke equal to Pennsylvania. Iron. SilverGold and other ores. Extensive Quarries of
Blue Sandstone for building purposes. Valuable Information can be had of

lead,

TUB FAIRHAVEN LAND COMPANY,

Bonds and

Stoclis.

We

cheeifuiiy furnish full and reliable in-

fomiatidn concerning any Western security wilhuut charKe. A'onthly quotation circular mailed to ail appiicantf
New Issuva of muutcipal bonds wautwi.

305

PINK STREET,

ST. LOUIS, AIO.

G. R. Voss,
Commercial Paper,
Bonds, Btooka and InTestment SMurltles.
608

riRST NATIONAL

BANK BUILOINO,

Omaha, Nebraska.

W.

Hayes

J.

Dealers

&

Sons,

BANKERS,
in

Btr««t Railway
Testmentfl.

MUNICIPAL BONDS.
BoQda and other high grade

FAIRHATEN,

143 8»p«rl«r^8t.^^

WASHINGTON.

7 Esckanse Placr.
Uontoiia
Cable AddireM.

In-

^q ^^j^j^ STREET,
Ji£>y

YORK.

"KKNNSTH."

THE CHRONICLE.

386

—

LOANS—

WAME AND

do

Jnteresl.

M& N
M&N

SJa

do
do
do
do
do
do
Hall of Records loan
do
do
do
do
do
do

SJfl

M&N
M&N
M&N
M&N
M&N
M&N
M&N
M&N
M&N
M&N
M&N
M&N
M&N
M&N
M&N
M&N
M&N
M&N
M&N
M&N
M&N
M&N
M&N
M&N

31a

3

4
4
4

4

New jail loan...

5

4

Eefunding
do
do
do
do
do
do

4
4
4
4

4
4

4

do
do
do

4
4

4

do

4
4
4
4
4

.1892.
.1892.

do
do
do

do
do

3>9

M&N
M&N
4
Certificates of Indebtedness :—
Armory (13tU regiment).. 4
M&N
do
do
4
M& N
..

do
do
do

do
do
do

Armory (14th

..

4

..

4

Regt.) 1892.

do

M& N
M& N
M& N
M&N
M&N

4

..

353
312

1892.

When Dde.

OiUsiand'g.

May, 1899
May, 1905
May, 1906
May, 1907
May. 1908
1909
1910

$150,000
32,000
32,000
119,000
ir,,000

5Mav,1893to

'98

$19,000 yearly
May. 1899
May, 1900
May, 1901
May, 1893
Mav, 1893
May, 1894
May, 1895
May, 1896
May, 1897
May, 1898
May, 1900
May, 1901
May, 1902
May, 1903
May, 1905
May, 1906
May, 1907
May, 1908
May, 1909
May, 1910
May, 1918
1902
1903
May, 1915
May, 1904

Nov.
Nov.

May
May
May
May
May

1892
1894
1895
1897
1899
1894
1896

1,
1,
1,
1,
1,
1,
1,

50,000
50,000
60,000
60,000
60,000
50,000
50,000

CHICAGO.

DEARBORN STREET,
Cliicag;o, Ills,
Private
CO.,

NEW

QLBNDINNING i

E.

Wire to

W0RM9ER, NEW YORK.

FLOWER 4

YORK.

CO.,

PHILADELPHIA.

Special attention siven to ont-of-town busi-

Correspondence solicited.

ness.
3. B. Bbixsi.

Member New York Stock Exchange
D. H. CiTMHraoB, Member Chicago Stock Exchange

Breese

&

94

9'i,

<&

90

Cummings,

WM,

SLAUGHTER, Member N. Y. Stock Eiohangt
V. BAKER, Member Chicago Stock Exchange

A. O. Slaughter

&

Co.,

Henry C. Hackney,

C.

A.

W.

if emben of the Chicago
Stock

Kxchanse.

Trust & Savings
Bank.
CHICAGO, ILL.

Illinois

CAPITAL AND SURPLUS, - 83,-.J30,UUU
INTEREST ALLOWED ON DEPOSITS.
This Bank

under the Jurisdiction and

J. Mitchell,

President.

John

B. Drake, Vice-President.
H. Mitchell, Second Vice-President,
Wm. H. Reld, Third Vice-President
8 Qlbbs, Cash'r. B. M. Chatteli, Ass't Cash'r

Wm.

James

John McCalfery.
L. Z. Letter,

Wm. H. Mitchell,
Wm. O. Hlbbard,

DIRECTORS
John B Drake
Wm. H. Reid.
John

J. MitoheU"
J. C. McMuUln,
J. Ogden Armour'

D. B. Shipman,

Frederick T. Haskell.

The Jennings Trust
185

DEARBORN

ST.,

Co.,

CHICAGO.

-

$500,000
$40,000

NEGOTIATES GROUND RENTS

in the CltT

O

Takes entire charge uf estates. Acta af
agent for the registration and transfer of bonds and
stocks and the payment of coupons, interest and
Chicago.

John P. Wilson,
A. M. Pence,

Green,

Schaflher
BANKERS,

&

Co.

dividends.

Authorized by law to receiyeand execute

trusts of every character

and Individuals.

A

from courts, corporation!

legal depository for court

and

trust funds.

INTEREST ALLOWED ON DEPOSITS Of mone
Which

may be made at any time and withdrawn

after

Ave days' notice, or at a fixed date.

ILL,.

Fred. G. Frank

TRUST FUNDS AND TRUST INVESTMENTS

&

Bro.

LOCAL SECURITIES A SPECIALTY.

99

LEGAL

a

OFFICERS:

John

Vice-President.
Secretary.

Goudy,

CHICAGO,

Illinois, is

DEPOSITORY for Court Moneys, and ig authorized
to act as TRUSTEE, EXECUTOR. RECEIVER and
ASSIGNEE for ESTATES, INDIVIDUALS and
CORPORATIONS.

SELLERS,

STEWART,

directly

is

supervision of the State of

President.

100 Tl'ashingtoii Street,

CORRESPONDENCE SOLICITED.

a: General Banking Business
Transacted.
riBOT MORTGAGE LOANS ON IMPROVED
CITY
REAL ESTATE FOR SALE.

Trust

COMMERCIAL PAPER,

SOLD,

Straus,
BANKERS,
LA SALLE ST., CHICAGO,

&

by law to act as Registrar of Stocks

Herman

CHICAGO.

&

follows:

CHICAGO.

COUNSEL:
W.

Member Cblcago Stock Exchange.

laS

Mayor Emerson writes as

" The annual report of the City Comptroller shows that the
finances of the city are in a healthy and prosperous condition.
Some of the departments show a decrease in expenditures and
others a small increase. The city debt has been reduced in
the sum of $14,500. The amount of bonds placed in the sinking fund was $6,500, leaving the total city debt $175,800. It
is gratifying to see the indebtedness of the city annually
growing less, thus lightening the burdens of tax-payers year
by year, until la the not far dist-iut future every city bond

George C. Walker,
Kdson Keith,
John G. Shortali,
Geo. M. BOKue.
John DeKoTen.
"A. U. Sellers.
Samuel B. Chase,

IKTESTMENT SECURITIES

Cahn

city's finances

CHA8. R. LARRABEE, Treasurer.
DIRECTORS:
CAPITAL, PAID UP,
Qwynn Gamett,
Chas. W. Drew,
W.D. Kerfoot,
John P. Wilson,
SURPLUS.

Chicago Secnritlea Bought and Sold.

BOUGHT AND

—

OFFICERS:

LA SALLE STREET,
CHICAGO, ILLS.

ST.,

Pennsylvania—TItusTllle. (State and City Supplement, page 70.) We have received during the week the annual report of the Comptroller of Titusville, M. A. C. Harton,
and also a copy of the Mayor's message. In reference to the

CORRESPONDENCE SOLICITED.

111-113

DEARBORN

$23,008,278; total valuation after equalization, $412,371,730.
POPULATION In 1890, 838,547; In 1880, it was 599,495.

and Bonds, Executor, Receiver and Trustee for
Estates, Syndicates, Individuals and Corporations.
Trust moneys and trust securities kept separate
from the assets of the Company.

BANKERS,

113

ASSESSED VALUATION.—The total assessed valuation of this
county before equalization in 1889 was $435,380,000; amount deducted,

GUARANTEES TITLES TO REAL ESTATE.

A. H.

$6,000
6,000
15,714
15,714
15,716
12,000
12,000
13,^00
50,000
50,000

taxes already levied.

Oilers Investors in real estate securities
protection nflbrded by no other system of
doing business.

A.

1.
1,
1,
1,

1893
1894
1893
1894
1895
1893
1894
1895
1893
1894

. . .

Capital, pnld-np
81,6UO,000
Cndivided earnings. Including
surplus
i2'iO,OOU
Deposited with State Auditor. .
i200,UU*l

ARCHIBALD

May
May

1,

1,
1,
1,
1,
1,

Total debt on August 1.
$5,816,644
$5,974,902
$4,500,072
In addition to the debt as given above there were outstanding on
certificates
of indebtedness issued in anAugust 1 1892 $850,000
ticipation of the collection of taxes, the same to be redeemed from

WASHINGTON STREET.

GWYNN GARNBTT.

,

ants' National Bank of Brooklyn; registered interest at the office of
the County Treasurer, Brooklyn.
TOTAL DEBT, Etc.—The subjoined statement shows the total deht
of Kings County on the first of August, 1892, 1891 and 1890.
1891.
1890.
^ 1892.
$5,240,500
Total funded debt
$5,342,000
$4,047,500
Certifloates of indebtedness...
576,144
632,902
452,572

Company

Is authortied

BANKERS AND BROKERS,
111 AND 113 inONROE STREET,
CHICAGO
"'•*'• ^ ^o^ Yof*. Boston or Chlowo
—?S?^"**
•wned
on oonserratlTe margliia.
A. 0.

do

OF CHICAOO,

Chicago Stock Exchange.

8.

do

Principal.
TVhen Due.
Oulsland'g.

.

INTEREST— WHERE PAYABLE.—Coupons are paid hy the Merch-

Title Guarantee

Members New York Stock Exchange,

L *

do

.

July
July
July
July
July
July
July
July

M&N
M& N

3^3
313

CHICAGO.

Jamieson & Co.,
STOCKS-BONDS,
187-1S9

4

. .

...

enlarge'nt

Supplies dent, of charities

500,000
500,000
100,000
200,000
114,000
28,000
54,000
54,000
45,000
150,000
220,000
219,000
218.500
132,500
132,500
121,000
121,000
119,000
119,000
87,000
87,000
100,000
100,000
104,000
104,000
130,000
121,500
121,500
180,000
119,000

do
do
do
do

—

Rate. Payable.

4
4
do
4
do
4
CourtHo.&HaUof Reo'rds 4
do
do
do
4
do
do
do
4

15,000
357,000

1902 to 1906
5
\ $100,000 yearly
Mav, 1914
May, 1900
(

do
do
do
do

Interest.

'

NAME AND PURPOSE.
Armory (32d Regiment)

119,000"

1911 to .1913
5
($119,000 yearly
(May 1901 to '05
\ $100,000 yearly

3
3
3

do
do
State tax loan..

LOANS—

-Principal

M&N
M&N
M&N
M&N
M&N

4

do

do
do

—

Rate. Payable.

PURPOSE.
Oountj- farm loan
do
do
do
do
do
do
do
do
do
do
do
do
do
do

[Vol. LV,

ire kept separate and apart

from the assets of th4

Company.

WASHINGTON STREET, CHICAGO.
Correspondence Invited.

ATLANTIC MUTUAL

INS. CO.

I.

SCRU

Dealt In by

AUGUSTUS FLOYD,
3'J

PINE STREET,

NEW VORK.

R.

WALSH, President.

CHAS. n. HULBUKD,

Vice-President.

FRANKLIN UAI HEWAY, Secretary.

BAMUKL D. WARD. Treasurer.
LYMAN A. WALTON. Cashier

September

THE CHRONICLE

8, 1893.]

Ohio— Newark.—(.State

Ain> City Supplement, page 81.)
statement of Newark's debt has been
corrected to date by means of a special report to the Caao.siCLB received this week from City Treasurer Qoor,<e Miller,
The city is at present advertising for bids on a 5 per cent elec-

all our financial obligations wiped
because of these conditionn and prospects that the
credit of the city stands so high and our bond^, at a very low
rate of intere.«t, are sought for by inve-ttors. It may bo noted
here that the value of our water works alone exceeds the
amount of the entire debt of the city, thm making our pavonient-i and sewers the sam as already paid for, a condition of
tilings very ploa-iinn to contemplat"-, and such as no other

have been paid and

shall
out.

The following

It ia

tric light

>

town in tlie oil regions can show."
The statement of the debt of Titusville,

sale

LOANS-

48. $-1,000
2,000
48,
4», '20,01)0
4n,
2,600
500
4»,
200
4a.
48, 30.000
4s, 33,(H)0
.WO
48.

1896
1897
1900
1901
1003
1005
1906
1907
1908

$7 .(KM)

1894
1807

48,
48,

Water Bonus—

4s.
4s,

2,0W

1898
1000
1001
1003
1004
1005
1006
1007
1008
1009

1,300
1,700
5,400
6,000
11,800
1,000

Uenoral fund bonds
Refunding (newer) bonds.
do
do .
do
do
do .
do (bridge)
do
do .
do
do .

la

;

8,639.

OF

Wm.

AAO

6

Oct.
Sept.

Oof. 1, '02-1900
Sept. 1, '9-2-1904

5

July

July 1,1005

'WASHINGTON.

SE.4.TTIiE,

Pres. Abram Barker, Vlce-Prea.
T. Wlckware, Cashier.

Ansus Mackintosh,

3,000
8,00O
8,00O
12,000
20,000
25,0OO

1808
No v. .30, 1895
June 16, 1000
Aug. 1, 1901

6

UNITED 8TATKS DEPOSITARY.

$500,000.

2,05.'i

do

Minneapolis Trust Co., Merchants National Bank
iniNNEAPOIilS, niNNESOTA.

1805-6

Sewer bonds

17,fK)a

13.000
20,000

July

S
5
6

PACIFIC COAST.

MINNEAPOLIS.

CAPITAL,

June
Ang.

8,
1,

April

Aug.
July
July

;

;

was

5
5
S

1803
1893

1892 was $154,555; special bonded debt, $143,000; total debt,
$297,555; sinking fund, $13,000; net debt, $284,555.
The total
bonded debt on March 16 1891 was $260,245; sinking fund $11,500 ;
not debt, $257,745 floating debt, $10,300.
ASSESSED VALUATION.-In 1892 the total assessed valuation
Is $6,015,000; in 1891 it was $6,015,320; tax ri te (per $1,000),.
$29-00; in 1890, $6,042,100; tax rate (per $1,000), $25-60; In 1889
$5,880,975; in 1885, $5,182,818.
POPULATION.—The population In 1890 was 14,270; hi 1880 it was.
9,600 ; In 1870 it was 6,698.

1891 the total asseased valuation
the tax rate (per $1,000) was $16-34. In 1890 the
assessed valuation of re.-il estate was $1,342,949; of personal proptotal, $1,359,533. Tax rate (per $1,000), $17-77. In
erty, $16,,'>84
1880 total assessed valuation was $1,655,756.
POPULATION.—The population In 1890 vras 8,073 In 1880 it was
it

6

Dec.
April

6

'93-1002

1,
1,

I

ASSESSED VALUATION.— In

1870

Mar.
Mar.
Dec.
Apr.

S7,.10O
10,(K)O

NTEREST on all bonds is paysvble at the City Treasury, Newark, O
TOTAL DEBT, Etc-—The total general bonded debt on Aug. 1

woe $1,966,618 and

in

Aiir. 27,

March
March

.

Ouliland'g

1894

1

each.

a water

City debt.

;

April

5

6

.

works and electric light
plant, and other property and assets amounting to about $315,984.
The net income to the city from the wator-works during the year ending April 1 1892 was about $7,000, or very close to 4 per cent on the

»,046

6

Oeiicral sticot iaiprove't..
North 3d Street paving....
West Maiu Street paving.

TOTAL DEBT,

CITY PROPERTY.—Tlic city owns

When Dm.
Apr.

July 15, '03-1902
.54,000
Apr. 1, '94-1902
33,000
Aug. 1, 1893-4
20,000
5
July 1, '93 1902
1.5,000
5
July 1, '03-1002
21,000
PAR VALUE OF BONDS —The City Prison bonds and $18,000 of
the refunding bonds are for $500 each; all other bonds arofor$l,000

1906

imyablo by the City Treasurer.
Etc.— The total bonded debt on April 4 1892 wiv8
gl75,800, lieiug made up of ilty bonds to the amount of $92,800, water
bonds to the amount of $76,400 and sewer bonds to the amount of
$6,000. In 1880 this city's total debt was $329,237.

INTEREST

PriiuHpal,

.

.

A»0

do
Bthebt Imp. Bonds—
Cniurch Street paving
East Main Street imp

1901

•

—

8

.

8KWEB BONDS
$4,500
2,100

Inlerett.

•

P. Ot. Payable.

City Prison bonds
Kncannmicut lioncU

^'>'n Owe

$10,000
8,000
11,700
10,500

4h,
4e,
4»,
48,
48,
48,
48,
4b,
48,
48,

For particular* of

of $40,000.

" Proposals and Negotiations" in last

NAME AND PURPOSE.

LOANS—

Wlien Due.

amount

loan to the
item under

LOANS—

has been corrected to date.
This city is situated in Crawford County.

etc.,

Crrv B(iNi>B—

see

dt-tailed

week's Chronicle.
Newark is the county scat of Licking County.

valuatioa,

its assets,

887

1

Beal Estate Loana, Saietr Deposit Vaults. Capital, 8-200,000 Surplus, etc., 840,000
Interest-bearinir Certificates of Deposit.
AcU a* Exe^otor, Trualee and Gaardlan.
Superior Collection Facilities.
DBP08IT0BT FOR WILLS.
Correspondence Solicited

MISCELLANEOUS.
HENRY CHANDLER *
WALDRON SHAPLEIGH,
Chemical Engineers and
Consulting Chem'sts.

WII.I.IAin[

I

P. O. BOX 1,000.
Cable Address "Trnst" Sllnneapolls.
DIRECTORS.
Bamnel

Hill,

President

;

S.

&

H. Wood

Co.,

INVESTMENT BANKERS,
Guarantee Ijoan

De&Iera la the btgbest class of Minneapolis SecurlBank Stocks, MurtKaKes and Bonds.
COKRB8PONl)ENCK SOLICITED.

let.

MISCELLANEOUS.
e% INVESTMENTS 6%
FIRST MORTGAGE GOLD BONDS,
Amounts 8300

to

Bank,

Merchants Nat'l

81,000,000

Paid Capital

LOKWBNBKRG, Pres. JAS. 8TBKL. Vloe-Pres.
I. A. MACUUM, Cashier.
SIGHT EXCUANQK AND TKLBaRAPHlC TRANSFERS, and ISSUES LETTERS
')f CREDIT available throuKhont the United States
DRAWS BILLS OF EXCHANGE on London.

J.

SELL''

UTerpool, Dublin, Paris, Berlin, Frankfort-on-theXaln. and all the principal cities ot Europe: also on
'long Kong.
COLLECTIONS MADE on all aooeuible polnU.

Commercial Bank,
TACOIHA, WASHINGTON.

TACOMA, AVASUINGTON.

ATLANTIC TRUST CO.. NBW YORK. TROSTKB
(OLDEST BANK IN THE CITY.)
Amounts SlOO to SI, 000.
Interest Paid on Time Deposits.
A FEW CHOICE
Capital
8-230,000
!4arplusand Undivided Proflts
7 PER CENT FIRST MORTGAGES.
8100,000
Correspondence

The

OF

First

120

BROADWAV,

Makes

specialty of reports

Investment properties.

Exam in ations made In any

a specialty.

YORK.

NE1,V
on

railroads and other

part of the cotmtry

Jos. C. Piatt, C. E.,

CONSULTING ENGINEER^
TVATERFORD,

N. Y.

Sxamlnatlons and Reports (or InToitar*..

WM. FRANKLIN HALL
jooKB

ACCOUNTANT -AUDITEDaoconnt.

S<ttl«m«nt of Iruolvmt Sitata.

US

Bzchangs BoUdlng, 63 State Street Bostoa.

B

Fabyan

iss,

&

Co.,

NEW YORK, BOSTON, PUILA DELPHI V
8EIXIN0 AGENTS FOB IiBADDtO BRANDS

National Bank

...
...

and BLEACHED 8HIRTIN»
and 8UEETING8,
PRINTS, DENIMS, TICKS, DUCKS, AO.
Towels, Qallts, White Goods and Boslerr.
DriiU, aheetingi, iCe., for Sxport TnuU.

CAL..

DNITBD STATES DEPOSITARY.

CAPITAL,

Dealt in by

!iDRPLU8.

81.300,000
8r30,000
Moroan, Cashier

G. MtTRPHT. President. B. D.
Iambs MorFitr. T.-Pres. O. W. Kline, Asst. Cash

a.

Carothers,
Jas.
FOIKTH AVE., PITTSBURG, PA.

Collections

OF SAN FRANCISCO,

PITTSBVRG AND VICINITY
•O

solicited.

SAN FRANC ISCO.

BROADWAY, NEW YORK.

MUNICIPAL SECURITIES

C. E.,

BROWN

Lombard Investment Co.
130

O. Osgood,

Nsw forms designed for books ot

Merchants National Bank

7 and 10 Years,

Wrlt« for Description.

80 Broadwar. New Tark»

CONSULTING ENGINEER,

PAID-UP CAPITAL,

8-.200.000.
Six Per Cent Coupon Certificate of Deposit, running
One or Two years. Interest ami Principal payable at
the Merchants' ExcliaUKC Nat. Bank, New Vork City
This Certiticate has a coupon attached, which can
be cut off when due. and presented to any Bank for
payment, the same as a New York Draft. A most
convenient mode of InvestinK your surplus money.
Write for a copy of the Certidcate.
A. BBtDGHAN.CaSh. Obattan H. Whieucs, Pres

9S,

M. Am. Soc.

$10,000.

GOLD DEBENTURE BONDS,

Oi.

Jos.

PORTLAND, OREGON.

Bulldlnir«

IIIIXXEAPOL.I§, mi^N.,

3,

Rooms 97

Thomas Lowry. First Vice-

President; II. F. Brown, Second Vice-President;
Daniel Basjiett. Third Vice-President; Clarkson
Llndler, Secret.ary and Treasurer; Isaac Atwater.
Jas. J. Hill, H. B. Ijinudou, A. F. Kelley. W. G.
Norttarap. Wm. H. Dunwoody. C. G. Goodricli. Cbas.
A. PUlsbnry. A. H. Linton. P. B. Winston.

Chemical Industries Investigated. New ProcesM»
Examined, Plans and Speclflcatlons of Works Fwk
Also Yearly Contracts for Consultations.

olshed.

GENERAL BANKING BUMINEMH.
ACCOUNTS SOUCITBD.

Geo.

Copeland

&

Co.,

COTTON BROKERS,

129

PEARL STREET, NEW Y'ORK

Cotton landed at UUls from Southern Markets
speelaltr.

i

THE CHRONICLE.

388

rvoL.

IptBcellanetftts.

Ktisceliattcoair.

HdiBCjellattjeotts.

[SECOND EDITION.]

mendation and success.

A WEEKLY MAGAZINE,

Railroad

(ANNUAL.)

1892.

It

Securities.

gives

double-column octavo pages of
reading matter yearly, forming
four large volumes. It presents
in an inexpensive form, consid-

jm.Y EDITION.

Year Book.

weekly
(Issaed Seml-Annually by the Publishers of the

COMHERCIAL

OF

i,

i'Bue,

attempted.

The best Easaya, Reviews. Crlticisma, Tales, Sketch-

FINAKCIAL CBBONICLE.)

CONTENTS.
A

CONTENTS:

nigliest

Eeport ol U. 8. Secretary of Treaaury.
Report of Comptroller of tlie Currency.
New York Citv— Bank Betumg, iSo.
Great Britain In 1891.
United States— Foreign CJonunerce, Trade
Balance, C7. S. Exporta and Imports of
Leading Articles.

The money Market—
and Prices

Loans and

Commercial Paper since 1883.

-Cold

and SUver—

Foreign Exchange—
Miirket and Prices in

New York, 1876-1891

Compound Interest Table, Showing Aoonmuiations of Money In a Series of Years.
Table Showing the Kate Per Cent Beallzed
on Securities Purchased at diilerent prices
(without regard to date of maturity.)
Stock Speculation in New York.
tJnited States Debt and Secnritles—
Debt of tho United States, 1793-1891.

State Debts

Bonds, 1860-lb91.

and Securities-

State Debts and Immunity from Prosecution.
Prices of State Securities, 1860-1891.

Sailroads and

made

tlieir

Securities—

Reports of Trust Companies

New

In

York and Brooklyn.

July

from 1883 to 1891

I in

1892.

and

paid dar-

to July in 1892.

Gross and Vet Earnings

to latest dates In

1892, in comparison with he corresponding

Price in Liglit Leather Covers,

IHVBSTOBS' StnTLEMBNT.

Dividends for Seven Years on KR. Stocks
Railroad Stocks and Bond*—Description
and financial Condition of Companies,

.

.

Snbacrlbers,

-

four

»'i

OS

1

30

B. DAIVA A. CO
FUBLISHEBB,
l«ruuam Street New York.

OPINIONSi
"if a cu^bured stranger from another world were
to And himself in thB one. and weretomakeastady
of our literary advantajres. he would be Impressed
especia'ly, we are confident, by the abundance,
variety a"d high average quality of the contents of

LiriNO

LiTTKLL'8

AQK."-r/ie

Oong-tgatUmoXigt

Bostfjn.

"There Is but one Livinq Agb, though many have
essaye 1 1mitations. While their intent has no doubt
been worthy, they have lacked that rare discriminating judgment, that fineness of acumen, and that
keen appreciation of what constitutes true excellence, which make Littell's Living Agk the incomparable publication that it is."— Christian aWork, New York.

" He who subscribes for a few years to it gather!
a choice library, even though he may have no other
books."- ^#u^ York Observer,

oatside cover (not less tban 3,1 copies to
one address) at discount rates, accordinir to
qnantlty ordered.

" Certain it is that no other magaEine can take Ita
place In enabling the busy reader to keep up with
current literature."—Episcopal liecorder, PhUadeU

pMa.

WILLIAM

B.

10» William

DANA &

Street,

" It has. in the half century of its existence, furnished its host of readers with literature the best of
the day, such as cannot fail to educate and stl-nnlate the intellectual faculties, and create tastes and
desires for loftier attainments.
The foremost
writers of the time are represented on its pages."—
PTeabyterian Banner, Pittsburg.

CO.,

New York.

The Mutual Benefit
LIFE INSURANCE CO.,
DODD,

NEWARK,
....

.

N. J.

.

Surplus.......
surplnt, by former N. Y. Standard,
(Am. Kx. 4>< per cent Reserve)

3,545,793 06
6,137,100 06

policies absolutely NON-FORFfilTABLX

8KC0ND TEAE.

AnBB

IN OABi orLAPSi the Policy la coNTiinnjD raroRci
long as lU value will pay lor; or. If preferred, >

u

Paid-up policy for Its fall yalue is isaned in exchange.
Alter tne second year Polloleaare incontestabli,
azoeptas against Intentional fraud and aU rsstricuona <u to residence, trnvel or occupoMon ore remmtd.
CASH LOANS are made to the extent ol 50 per cent
n tne reserve value, where valid aaslgnmenti
ol tlie

made as

collateral security.

liOSSKS paid Immediately upon completion and sp>
proval ol proofs.

."

For the amount of reading contained the sub-

scription
NashviUe.

is

extremely

loyf. ^'—Christian

Advocate

" The fields of fiction, biography, travel, science,
poetry, criticism,.and social and religious discussion
all come within its domain and all are well represented.'*— J?oston JowmaJ.
" It

never

may be
ofi'ers

truthfully and cordially said that It
a dry or valueless page."— .^ew York

Life

Insurance Company,
PORTIAND, MAINE.

riNANOIAL EEVIEW.

The bualness ol the Union Mutual Life Insurance
tympany lor the hall-year ending June
30th, 1892,
waa ol ahlghly successful character. Compared
with

APPLY TO
B.

DANA

&:C0.,

lOa William

Street,

New YorK.

" To read it is itself an education in the course of
modera thought and literature."— Bu#a to Commertial AdvtHiasr.

,

INCOBPOKATKD 1848.
JOHN B. DbWITT, President

of tbe istnes prior to 1883.

Iribune,

" Coming weekly. It has a great advantage over
ehe monthly magazines and reviews."— iSanFranUco Chronicle.

UNION MUTUAL

WANTED:

IWm.

aU branches of Literature. Science, PoUtloe and

:

WILLIAM

Any

ABLEST LIVING WRITERS
In

It Is Issued to Bankers and Brokers with
their bngiuess cards lettered in Kilt on the

policies can be

•

Is

" It contains nearly all the good literature of the
time.'*— 2he Churchman, New York.

•

President.
,^8,930 278 06
Liabilities (N.Y. and Mass. Standard).. 46,3ai,48« 00

liarnlngs, &c.
Railroad Earnings by Months for
Years past on Leading Roads
New Yolk Bank Slock Table.
New York Insurance Stock fable.
City Horse RR. stocks and Bonds.
Local Gas Co.'s Stocks and Bonds.

Literature.

therefore invaluable to every American
reader, as the only satisfactorily fresh and COMPLETE comoilation of an Indispensable current
literature indispensable because It embraces the
productions of the
It

75

*"e" (Market Values), Jan. 1, 1892..

flsnnd In red clotk,

$1 00

•

To Subscribers of tlie Chronicle,

A.MZI

Appendix—

103

to

Dividends on Railroad Stocks

Ballroad Statistics of the United States.
BailToad Earnings in lb90 and 1891.
Prices of Railroad Bouds, I«b7-1H91.
The New York stock Market, 18b7-1891.
Prices of Railroad Stocks, 1887-1891.
Boston Stock anil Bond quotations, 1891.
Philadelphia Stock and Bond Quotations,'
1891.
Baltimore Stock and Bond quotations, 1891.

To Chronicle

in each year

and

periods of 1891.

(nvestments and Speenlation—

8.

prices

ing each of the years 1836 to 1891 Inclusive

Production, Consumption, Exports and Imports of Gold and Silver in the nnlt«d
States and abroad.

Prices of U.

Ten-Year Range in Prices of Active
Stocks— Being date of highest and lowest
inclusive,

of Call

Politi-

Art.

Oommerclal—

Influences,

and Lowest Prices montltly

OF RAHKOAD B0ND8 AND STOCKS IN NEW
YoBK, Boston, Philadelphia and Balti
MOKE for the years 1891, and to July in 1892.

and

body of Foreign Periodical

Description of RR. Stocks and
Bonds AND A Statement or the Income
charges against income.

nercaatUe Failures.
Banking and Financial—

and Discovery, Poetry, Scien-

Information, from the entire

cal

for four years past, as well as the annual

Retrospect or 1801.
Clearlnga and Specolatlon.

amount of matter,

great

tlSc, Biographical, Historical

PAGES.

373

its

49with Iresbness, owing to lea
and with a completeness nowhere else

es of Travel

INFORMATION.

FINANCIAL

more than

THREE AND A QUARTKB
THOUSAND

erlng

A.

Age.

In 1802 THE LIVING AGE
enters upon Its 49th year.
It has met with constant com-

OF

Financial Review.

Living

Littell's

£iA]vr>-BOOK:

THE

Lv.

loronto.

tne corresponding periods of preceding years, the
hall- year In question was oneol the best
the company's history.

m
WERE MADE

vl^^fS^.'Jj'i-i.^ INCKBASES
w^,Y-pyi?.P^.4,'JCE VVRlTTBN.NBW

IN

PREMIUMS

A^iwv^'J./Jiy SETTLED, PREMIUM INCOME
^^\\ '/iS?,?,".^.? KARNINGS, AND IN POLICIES
A^'AJ?5K"^'*^12
OF
DKATU CSLAlMSIJ* FORCE. THE NOTICES

8U0WBD A CKOBBASB.

" In giving a comprehensive view of the best current literature, the product of the best writers of the
day, it stands unrivaled."— Canada Presbyterian

Published wbkklt at $8 a year, free of postage
Or for 11050 TuK Living AGh and any cue of the
American $4 Monthlies (or Harper's Weekly or Bazar)
will be sent lur a year, post-paid; or for fu aO THB
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K es for clubbing The Livixg Age with more
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Address,

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