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xmm
HUNT'S MERCHANTS' MAGAZINE.
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OP THE UNITED STATES

VOL.

NEW

35.

YORK, SEPTEMBER

Financial.

142

Financial.

Financial.
JOHN

AMERICAN

DIAMONDS.

Note Company,

Bank

BROADWAY. NEW YORK.

BD8INB88 FOITNDKD 1795.
Incorporated under Law of StaUof Ntw York.

Alfred H. Smith
1868.

UEOUOANIZZU 1879.
BNORAVKRa AND PBINTSKH OF
BONDS. POSTAOE AND REVENUE STAMPS,

&

182 Broadirajr, Cor. JTobn
IMPORTERS OF

Co.,
^t.,

LEOAL TENDER 4 NATIONAL BANK NOTES
UNITED STATES and /or many J*«i»n Diamonds, Fine Rnbies, Sapphires,
fhmmmerUa.
and other Precious Stones,
BNGRAVING AND PRINTING
RAILROAD
STATE
AND
or BANK NOTES,
EXCLVSIVELV.
BONDS, SHARE CERTIFICATES, BILLS Ot
aXCRANOE. DRAFTS, CBECKS, STAMPS, *c.
LONDON, 33 BOLBORN VIADUCT.
la THE FINEST AND MOST ARTISTIC STYLE

It Ott

FROm

With special safeKuards to preyenf OounttrtMUmi
rr Alt«ratxon8. Special papers manufacbared exclu-

Safety Tints.
Executed

Work

Company.

Safety Papers.
in Flreprool Buildinss.

EAILWAY PRINTING A SPECIALTY
Railway Tickets of Improred Styles,
WUhor teUJioilt Colors, and Tiekelt of all Kind*
TEtJSTBBS:
Jos. W. Drexel,
James MacdonouKb. Vice-Prest., T. H.Porter,
A. D. Shepard, Vice-President, P. C. Lounsbury.
Chris. Meyer,
Vlce-Prest.,
Smlllle.
Main
J, T. Bobertson. Vice-President, A. V. Stout,

A. G. Gooaall, President,

Wm.

G. H. Danforth,
6. H. Btarner, Treasurer,
Theo. H. Freeland, Secretary.

Banque

ANTWERP.

FILLX Gkisab, President.
AX.VBCO MAQCiNAV (Graff & Maqulnay), Vloe>Pr«a
J. B. Ton okb Becks (Von der Becke A MarsllT).

Otto GDNTH«B(Corneill6-Davld).
Bhili di Gottal.

AD. Frank (Frank, Model & Cle.)
Aug. Nottkbohm (Nottebohm Freres).
Fk. Dhanis (Michlela Loos).
Job. uan. Fuhhuann, Jr. (Joh. Dan. Fnhrmann.)
lK)ni8 WKBKKiKd. Weber A Cle.)
Juuu BAUTBN8T&ADca (C. Schmid & Cle.)

TRANSACTS A

6ENEBAL BANKING BUSINESS.
P. PoTTKK, Presl,

J. J.

BDDT,

Cashier.

Maverick National Bank,
BO!>»TOIW,

CAPITAL,
SURPLUS,

-

Aooounts ot Banks and Bankers solicited.

made upon favorable terms.
QOTernment Bonds bought and

sold.

Aug. T. Post, Banker,
as NASSAU STREET,

BUTS AND BKLLS
State, City and County Securities.
0OBHB8PONDBNCB BOIJCITBD.

BANKERS,

Foote,

No. 13 WAIil.
Btrr

H. Bachem,
(Late LIMBERT &
BANKER AND BROKER,
C.

CO.).

&

21

NASSAU

ST.,

NEW

J.
S8

STREET,

AXD SBLL

SOTUHNMKNT BONDS. STOCKS AUD MUOIL
I.ANBOUS 8HCDRIT1B8.

CO.MI'ANIES.

BUY AND SELL INVESTMENT SBCURITIBS
Collect Dividends,

Coupons and Foreign and Inland
Drafts.

LONDON CORRESPOND/iNTS:
A Coa Mesan.
Bahbbo a Bov

Mkltiuji, Bvans

Messr*.

&

Miller, Francis

C. J.

Co.,

BANKERS AND BROKERS,
48

WALL

STREET,

NEW YORK.

CHAS.A. MILLBB. JA8.FBAN0I8.

BaNZST GBOB8BB0E,
Members N.

BDWINJ.HANC

QBANT
Y. Stock

B. SOBLaT,
Exchange

Groesbeck & Schley,
BROKERS,
13

.So.

WALL

NEW YORK.

(STREET,

YORK.

&

Saportas

Co.,

WILLIAM STREET,

RAILROAD

Gwynne & Day,

lections attended to.

(Establlsbed 1854.J

Co.^

EXCHANGE PLACE.

No. 4S IVaU Street.

Transact a general banking and brokerage business In Railway Shares and Bonds and GoTammant
securities.

Interest allowed on deposits.
Investments carefully attended

to.

ELECTRIC LIGHT AND MISCELLANEOUS
STOCKS BOUGHT AND SOLD.

Stewart Brown's Sons.

R. A. Lancaster & Co.,
BANKERS AND BROKERS,
tfS BROADWAY, NEW YORK,

Datison Bbown.
Wm. Hahman Bbown.
Geo. Alexander Brottn, Memb. N. Y. Stock Bxcb.
No. 88 PINE STREET,
NEW YORK.
Gorernment Secnrlties, Stocks & Bonda
Bocobt and Sold on Commission.

DEALKKS IN
Plrat'ClasD iuTeatment 8ecnrlUe«.
aOVKKNMKNT BONOS, STATU. CITY, COUNTY

RAILROAD & MISCKLLANBOUS SKCDRITIBB.
Bought and Sold on CommlbSlos.
Virginia Tax-Receivahle Coupon* Sought.

A.

W.

Beasley
BANKERS
AND DEALERS

SOUJUKKN SKCURiriES A SPECIALTY.
LOANS NKOOTIATEO.

Simon Borg
No. 8

Collections

&

Ing Investment Securities.

KKXintDT Tod.

&

Issue Commercial Credits and FdrclgTi and Domestic
Travelers Letters of Credit in Pounds
Sterling and Dollars.

iNTBKEST ALLOWBD ON DBPOSITS.

$400,000
400,000

-

.......

Hatch

Deposits received subiect to check at sight, and
interest allowed on dally balances.
Stocks, Bonds, &c., bought and sold on commission
in Philadelphia and other cities.
Particular attention Kiven to Information recard-

J.

Kennedy

No. 63

Co.,

SOUTH THIRD STREET,
PHILADELPHIA.

19

S.

DOMESTIC AND FOREIGN BANKERS,
DRAW BILLS ON LONDON.
BUY BILLS OF EXCHANGE.
A<7r AS AQK.NTS FOR BANKS, BANKERS AND

Bankers and UroKers,
140

A.

Paid-Up Capital, -"^,000,000 Franai.
BOARD OF DIRECTORS

ASA

&

H. Taylor

L.

KXKNSDT.

8.

J.

Stocks and bonds bought and sold at the Nevr York
Stock Exchange on commission. Accounts and col-

Anversoise,

Centrale

lilNDLXT HAINXB

LHWI8 U. TATIiOB, JB.

STEEI^ PliATES,

slTely for use of the

NO. 901.

30. 1882.

&

IVALL STREET,

Co.,

NEW YORK,

Southern Becubituss a Specialty.
FRBD. A. BBOWH.

WAIiSTOK H. BROWN.

UKUBEKT

P.

Co.,

IN

INYESTMEKT BONDS,
No. 98 Broadway,

DEALERS IN ALL KINDS OF
Railroad and InTestment Securities.

&

We
BIX

offer

a largo line of

PER CENT

New

York.

CHOICE

Railroad

bonds on desirable terms to

buyers and Inreetors.

BKOWN.

Walston H. Brown & Bros
BANKERS,
No. 20 Naasan Street, Neir York.
SPECIAL ATTENTION QITBN TO THE NBQI
TIATION OF

BAII.ROAD SECURITIES.

Lummis

&

Day,

DRBXBL BUILDING,
and BROAD STRBBTS,

Not. »t and 3S

Cor.

WALL

BANKERS AND STOCK BROKERS.

Hbnbt DAr
William Lummis,
Members ot New York Btoek 1

iJifc.

&

Morgan

&

Drexel, Harjes & Co

Co.,

Co.,

BANKERS,
&

Noa. 19

21 Naaaan Street,

Issue Travelers* Credits, available in
world, through the

parts of the

all

MESSKS. DE ROTHSCHILD

FAaiS.
FHILADELFHIA.
BOMEBTIO AND FOBEiaif BANKERS.

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

Securities

Deposit! received sublect to Draft.

Cable Transfers.

its.

Letters lor Travel-

Irculttr

(

ers, available in all parts of the world.

&

Jesup, Paton

Co.,

ATTOBNBY8 iNn AOINT8 OF

mOKGAN &

niessra jr. S.
KO. 22 OLD BBOAD STREET,

No. 69 WAl^I. ST., N.
BCnr AND SELL

Co.,

BILLS OF KXCHAWOR
ON OBBAT BRITAIN AND IRELAND, FRANCK,
GERMANY. BK1,01UM. SWITZKRLAND, NORWAY, DENMARK. SWKDEN AND HOLLAND.
Issue Commercial and Travelers' CreUit*
JN aiESLiyo,
ATAILABLB IN ANT PART OF THE WOHl.U.
And in

BETWEEN TBIS AND OTBER OODNTRIES.
dri.»n
MAKE COLLECTIONS OF DRAFTSand
abroad on all points In the United States
f
Drafts drawn in the
Canada, and
United States' on Foreign Countries.
'

J

& W. Seligman & Co.,
BANKERS,
No. 23

Payable in any part of Europe, Asia, Africa, Australia and America.
Bills

Transfers of

&

Co.,

No. 8 \rall Street, New York,
No. 4 Post Office Sqnare, Boston.
CHBQUBS AND CABLE TRANSFERS ON

MUNROE &

CO.,

9TSRUNO CHEQUES AND

PARIS.

BILLS

DATS' SleHT ON
ALEXANDERS & CO.,

AT SlXTT

LONDON.

CmOITLAB NOTKS AN1> CSSDITS FOB TSATKUCKB.

J.

&

Stuart

&

Co.,

J.
NASSAU STREET.
BILLS OF EXCHANGE ON
S3

PAYNE & SMITHES,
BANKERS, LONDON
HANCHESTER & COUNTY BANK,
SRIITH,

commission, at the Stock Exchange or elsewhere.
Sterling Exchange and Cable Transfers bought

and

sold.

BILLS ON

THE UNION BANK OF LONDON.

G.

S.

&

G. C. Ward,

a financial character in connection wltli
the trade with the Dutch East Indies.

CO.,
North Auikica,
18 WALL STREET, NBW TOBK,
16 STATE BTBBBT, BOSTON'
AoxiTTS roH

BARING BROTHERS & COKIPANY,
Sit WALL STREKT. NBW YORK.
28 STATE STREET, BOSTON.

&

Kidder, Peabody

Co.,

BOSTON, MASS.,
Cor.

Wall and Nassau

Sts.,

New

York.

FOREIGJW BA.XKERS.
CABLE TKAM8FEES, BILLa OP EXCHAKGE
AND
COHMESOIAI. AND TBATELEBS' CBEBITg.

BARING BROTHERS Ac CO., Loadon.
PERIER FREBE8 Sc CO.. Paris.
niENDELHbOHM

dc CO., Berlin.

LONDON:

William Heath

&

Co.,

YoriE Stock ExohanKC.

rORMGN EXCHANGE. CABLE TRANSFERS.

William Heath

&

Co.,

10 Tbroffmorton Ave.) liondon, £ng.
Draw
financial

Bills of

Exchange and transact a general

commission business. Particular attention

MANCHESTER, PAT ABLE IN LONDON

William Heath

BELFAST, IRELAND
Aim OS THX

&

Co.,

No. 8 Place Vendome, Paris.

NATIONAL BANK OF SCOTLAND,
BOINBUKe, AND BRANCHES;

Orders solicited for London and American markets
for investment or on margin. Bailway. State and City

London,
LudKate HUi, London,

Tottenham Cou/t Road

Knightsbridge, I,ondon.
Holborn, l,ondon.

Paddington, London.

Street,

16

Hong Kong &

& B. E.
JOINT AGENTS

H. ftOADBY

CAPITAL (paid-up)

Hamburg.

Commerolal and Travelers' Credits.

Bills of

The Corporation grant Drafts, issue I^etters of
Credit for use of Travelers, and negotiate or collect
Bills payable at Bombay, Calcutta, Singapore, Saigon
Manila, Hong Kong, Foochow, Amoj, Nlngpo
Shanghai, Hanltow, Yokohama, Hiogo, Shr Francis-

A. M.

TOWNBEND,

Exdiange

BANKERS
AND
commissioN merchants,
AMSTERDAM, HOLLAND.

BANKERS,
S9 urimam

St., eor.

NBW

ExehauKe Place,

TORK.

Make Telegraphle Money Transfer!.

Dnw

Bills of

Oredit OD

Exchange and Issne Lettora of

all principal cities

of Europe.

SPECIAL PARTNER,
DEUTSCHE BANK, Berlin.

Blake Bros. A

Co.

Gerhard & Hey,
R E V A L,.
AT
OFFICES

LEIPSIC, BERLIN, ISOSCOTT,
NIJNI-NOVGOROO, during tUo Fair.
& Forwarding Agents,

Commissioners

SHIP BROKERS.
Undertake to cash

Amounts execute
;

all

Advances and Freightorders in the line of Banlilng,
Bills,

Commission and Forwarding Business on the most
moderate terms.
- Ship-owners are requested to address veesela bound
for Reval unto the care of

GERHARD

&

HET,

Canadian Bankers.

Foreign Bankers.

Bank of
Lichtenstein,

Acent, 4r William St.

Adolph Boissevain 8c Co.

Bank of Montreal.

F.

Australasia,

(INCORPORATED
No.

4 Threadneedle

J.

BUCHANAN, General Manager.

WALTKB WATSON,

London, Eaffland.
PAID-UP CAPITAL, fl.200,000.
St.,

UNDIVIDED PROFITS (inoiuding Guarantee and
Reserve Funds) £463.114.
Letters of Credit and Drafts issued on the 07
branclies of tlie Bank in the Colonies of Queensland,
New South Wales. Victoria, riouth Austraila. Tannic
nia, and New Zealand. Bills negotiated or sent for
Collection. TeleKraphlo transfers made. Deposits
received in London at interest for fljced periods on
terms wblcli may be ascertained at the office.

PKIDEAUX 8BLBT,

SecretUT.

$13,000,000, Gold.^
6,600,000, Gold.^

NEW YORK OtFJCB,
69 & 61 IVALL STREET.

Noa.

1835.)

-

BMITHERS, President.
W.

&

2,360,000

HEAD OmOE, HONO KONO.

BUT AND SELL STERLING EXCHANGE, CABLK
TRANSFERS, ETC.
ISSUE COMMERCIAL CREDITS, AVAILABLE CAPITAL,
IN ALL PARTS OF THE WORLD.
SURPLUS,

Cable Transfers.

Knoblauch

$6,000,(X)0

RESERVE FUND

WALKEE,

BANKERS,
Canadian Bank of Commerce,
EXCHANGB, PLACE, NEIir YORK
16 EXCHANGE PLACE.
COBBE8PONDKNT8
OF THE

Shanghai

BANKING CORPORATION.

KEVAL, RUSSIA.

Ruckgaber,

International Bank of London
(Limited) London.
ISeaars. Jobn Bcrenberg, Gossler & Co.

London.
Aidtfute, London.
Old Street, London.

The bank, while conducting tho general buslneu
of London Banlcers, gives special attention to the
agency of Foreign and Colonial Banlts.
A. O. KENNEDY, Manager.

Loans negotiated.

J,

&

8T.

BRANCHES;

U.80,

flABLB TRANSFERS AND LETTERS OF CREDIT

Schulz

THEEADNEEDLE

OFFICE,

N. Y. Correspondents— Messrs.

BROADW^AT, NEMT YORK.

Members of New

HEAD

1861.)

BANKERS AND BROKERS,
No. 80

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

Authorized Capital,
£4,000,000
SubNcribed Capital,
3,-^00,000
Patd-Up Capital,
800,000
Reaerre Fund, £330,000.

PARIS:

SlA8.'E!'y^SJ™Y. W. RUSSELL WISI. T.E. DAVIS.

(ESTABHSHEI)

(LIMITED.)

LONDON, EMGLANU.

co and London.

CORRESPONDENTS :

NBW YORK:

The City Bank,

given to American Securities.

ULSTER BANKINe COmPANY,

AMSTERDAM.

Soerabaya and Samarang
Correspondents in Padan?.
In Batavia,

Issae commercial credits, malce advances on ship
ments of staple merchandise, and transact other

Bond

AOXHTB FOK

;

"LIMITKBi"

IN

GmUdeca

bQSinesfl of

New Tork.

Accounts and Agency of Banks, Corporations,
and indlTldimls received upon faTorable terms.
DlTldends and interest collected and remitted.
Act as agents for corporations In paying coupons
and dividends; also as transfer agents.
Bonds, stocks and securities bought and sold on

of Exchange and make Telegraphic
Money on Europe and California.

John Munroe

HEAD OFFICE
Agencies

.

firms

BROAD STREET,

Ne\r Tork.
Issue Letters of Credit for TraTelers,

Draw

Street,

Francs, in Martinique and Ouadalonpe.

TRANSFEHiS
HAKE TELEGRAPHIC
OF mONEY

.

WlUlam

52
IT.,

If

I. I<

BSTABLISEED IN 1868.
Capital, 12,000,000
($4,800,000 Gold.)

HLAKE BROTHERS &

CO.,

LONDON.

&

Brown Brothers

Nederlandsch Indischc
Handelsbank,
A inSTERD AM, H O
A D
Pald-Vp

No. 8i Bontta Third Street 31 Boulerard HausBmann

bougiit and sold on Commission. Interest allowed
on Deposits Foreign Excliange. Commercial Cred-

iii?.

Foreign Bankers.

&

Co., August Belmont

TTAIiL STREET,
OOKNER OF BROAD, NEW YOBK.
Drexel

V.^L.

Foreign Excbauge.

Foreign Exoliange^

Drexel,

HK'J>.K-3Lb>

C

ALSX'R LANO,

Agents

Buy and sell Sterling Exchange, Franca and Cshl»
Transfers grant Commercial and Travelers Credits
;

available in any part of the world
and make collections in Chicago

lisoe drafts on
and tbronghoat

;

the Dominion of Canada.

London

Ofllce,

No. 9 Blrebln Lane.

80, t882.J

THE CHRONICLR

Canadian Bankers.

Neiv England Banker*.

September

Merchants Bank
Capital,

.

ALIiAN.

HOBKIIT ANDERfON, Esq

OFFICE, MONTREAI,.
OKOKOn HAOUK, Oonprnl Miinagor.
J, H. PLUHMER, gtiperintendont of Brancbeg.
BANKERS:
LONDON, KNO.-TliB Clydesdale Bank (Limited.)
York, N. B. A.

The New York Auercy buys and »ells Bteillnn Bxohanice, Oible Tranwfer,., Issues ('redits available in
ail parts of the world, makes collections In Canada
and elsewhf re, and issues I>raft8 pnyable at any of
the ortices of the bank in Canada. Oomaiul Drafrs
lasaed payable In Scotland and Ireland, and every
description of forelKnb;'nkinK business undertaken.

New Yark

HENRY HAOUE,

Agents
Chicuffo Branch, \!iH WnMhinirtou Street.
J. 8. MKKKDITU, Manager.
H.

STATE STREET,
BOSTON, mASS.

Jr., f-^K^""-

(paid-up),

REtjEirVE
H. 8. HOWIiAND,

.

.

D. B.

Pres't.

SI, 300,000

.

I

BANK OF

MONTltSAL,

59 Wall Street.
73 Lombard at reel.
Promptest attention paid to collections payable in
any part of Cannda.
\pprcvevl Cunadlan bnsiness* paper discounted at
reasonable terms, and proceeds
I lie Head OtBce on
lemittedlby draft on New York.
I

AGENCT OF THE
Ba n k

Bank of Deposit,
Interest

on

Sterling Exchange and Cable Transdrafts on Scotland and Ireland,
also on Canada, British Columbia, PortUod, Oregon,

San Francisco and Chicago.
Bills collected and other banking business IransI). A. MoTAViSU,
acted.
}
Anents
(Agents.
LAWSON,

W.

Gzowski & Buchan,

A. Hawley

F.

&

Co.,

BANKERS.

&

Parker

Stackpole,

Bonds, etc., bought and sold.
Correspondents— Ban li of New York, tfew York
and Alliance Bank. London.

DEVONSHIRE STREET,

BANKERS AND BROKERS

5a

PROVIDE\< E,

e.

.1

&

Co.,

jlIlDDIiETOWN, CON>.,
Bujand

Governmeut, State, Mi:nicipHl and
Railroad Bunds and Stocks. InTestments for Savines Banl^aa specialty. Correspondence solicited.
Bell

Autliorlzed Capital,
Paid up and Rederre,

A Co.

Seiiffiaan

^«,000,000.
1,700,000.

•

Transact a general banking business. Issue Com.
merclal credits and BHIb of BictianKC, available in
all parts of the world. Collections and orders 'or
Bonds, Stocks, etc.. executed upon the mostfaTO^
FREDK K. LOW,
able terms.
I Ma„airer«

lUNATZ STKINAABT, !"""**"
Cashier.

INVESTED TN U.
S 1,000,000 GOLD.
L.

8.

RR.INDER,

SI.

BC'Nns

Agent.

^Mc

R. T. Wilson
'.S"

&

f'OMMIfleiON

Exi:,'..i'i::e

Co.,

MEKCHANTb

Court, Newr York.

Co.,

&

Wilson, Colston

Co.,

RALTIinORE.
INVESTMENT

and VIRGINIA SECURITIES*

&

SHOEUAKKU.

Shoemaker,

BANKERS AND STOCK BKOKERS,
PUILADELFRIA.
St.,

Issues of United States Bonds.
Investment Securities a specialty. Correspondence
laTited and full information npen flnanolal subjects
furnished.

Dealers in

Soutiiom Bankers.
THOS.

P.

Clark &
RANKERS,

33 Soath Third

Co.,

Street, Philadelphia.

1)«ALBR9 IN CAK TRUSTS AND OTHER IMVESTMKNT SBCUBITIKS.
Stov-ks and Bo nds bought and sold on Comm ission

\. P. Turner

BANK

E

&

Co.,

Ka
PHILADELPHIA.
,

Walnnt Place,
Government, State, municipal and Railwar Bonds
an>i Stocks bou^lit and sold at alt the K.cchiinKes.
Investments prudently made in sound railway seNn. !207

CoHeclions promptly attended to.
Correspondents curoiully represented at Auctions
and Private Saloa. Bona of Rood but not wellknown railroadi always wanted for Investments at
the best rat^s. Orders on margins not ODtertained.
curities.

;

WILMAHS, JNO. W. HILLIR

R. D.

B.

MILUtB.

&

Co.,

BANKERS,
niOBIIiE, AI^ABAniA.
special attention paid to collections, with prompt
remittances at current rates of exchange on day o(

payment.
Correspondents.— National Bank of State of
York, New York; Louisiana National Bank,
Orleans
E. E.

;

Bank

A. K.

rrcs't.

Walker,

Cashier.

National Bank,

First

TTILiniNGTON,
Collections

New
New

of Liverpool, Liverpool.

BURRUSS,

made on

all

N. C.

parts of the United States.

WM.C. COUBTNKT, Pros. ErukstH. PBiNOLK.Caah

BAIKK OF ClIARLESTOX,
National Banking Association,

CHARLESTON,

R.

8. C.

II.

MAVRY A

rC,

STOCK BROKERS,
RICIIillOND, VIItniMA,
Buy and sell Govercment, State, Municipal and
Railroad Bonds and Stocks. Ac. Vlrftinia State Tax.
Receivable Coupons bought and sold. All orders
promptly attended to.
New York Correspondent, VERMILYB A CO.

MERCHANTS' NATIONAL BANK,
RICHMOND, VIRGINIA.

all

W.

MILLIB,

Thos. P. Miller

solicited.

J08. M.

& Co.

Special attention given to Collection!^

134 Sonth Third

No.

I.?SCE.-l Comniereia aoJ Travelers' Credlts.avi'l.
in any oart of the world. Draws Kxchanire
*'uretgn an,l Inland, and makes Transfers of Moncj
toy Telegraph and (':ible.

%

Thomas

E.

OF

CEORGE

8outli Sts.,

>.V

BALTIMOKE, MD.

INDICATORS AND TEIiEPHONB IN OFFICB.

Western Pennsjlrania

of

Correspondence

Geo. C. TBOMAa.

Nevada Bank

SAN FRANCISCO.
York Agency, 62 Wall

HANKERS

sell all classes

Securities.

('alir,.rnia Si.

4-ii'

& W.

&

BROKERS,
PITTSBURG, PA.,
Buy and

Accrel Coor..

BOSTON (Jorrciiioiid'ts, Massachusetts N.B'k.

".URPLUB,

Uerinan

227.

Special attention itiren to the negotiation of For
elKU Bills of Exchange. Collateral Loans and Commercial Faper.

I.

Dealers in Commercial Paper, GoTernmert not;
other first-clasa Bonds and Securities and Fircicn
Bzchan>;e.
Private Telejiraph Wire to New York and BoFton.

(LIMITED).

LONDON, Head Office,
.SAN FRANCISCO OfBco.

Xew

W. Corner

CHAS.

WEYB0S8ET HTREBT.

Anglo-Californian Bank

The

8.

P.O. Box

Correspondence aoltcltel and Information fnr*

Wilbour, Jackson & Co.,

Geo. B. Hill

TUB

LILIKNTIIAL.

& Co

BANKERS AND BROKERS,

nished.
N. Y. COBBBSPOKDKNTS-McKlm Brothers

Pennsylvania Bankers*

P. N.

B. OLITIR, C. A. ALBESTI.
Members Baltimore Stock BxchanKe.

JOSBUA WlI.BOtTR,
CHARLES H. SHELDON, JB.,
BENJAUIN A. J.iCKS0N, WlLlLAM BiMNlCr, JB.

Calilornia Banks.

Agents. J.

W. MlDOKKDOBF, W.

BANKERS AND BROKERS,

BOSTON.

CANADA.

-

Prompt attention given to Collection of Commereial Bills and Canadain Funds on all points in Canada; American and tsteriing Exchange, and Stocks,

VORK

J.

MiddendorfjOliver

<tenosil8 subject to eheek.

other investments bought and sold.
Correspondence invited.
Orders eieeuted at Boston and New York Stock
Exchanges, of which we are members.-'

C. E. Jackson

Stock Bboeeb3,

TORONTO,

NE^F

BALTIMORE,
TBANSACT A aBNBRAI, DOMESTIC AND
FORKION BANKINO BUSINESS.

specialty.

WALL STREET.

Bastebbs Ain>

N.

Sons,

BANKERS,
SOUTH STREET,

7

Bonds and

demand

Issue

No.

ALSO,

Dealers in municipal, State. Railroad and
United States Bonds.

&

Robert Garrett

RANKERS,

Buy and sell

fers.

and advances made on upprorod

Deposits reoolred subject to check at sight.
Collections on all points In U. S. and Canada.

STOCK EXCHAN0E3.

No. 60

North America,

No. 63

Special Attention giren to Inrestments

BOSTON.

0»

British

Belt on Comralsiilon In thU and other dtles
desortptlons of Stocks, Bonds and Securities,

Jjoans noffotlated

MEMBERS OF THE NBW YORa AND BOSTON

ROSTO

Port Colborne. St. Thomas, Inirersoll,
Welland, Fergus, Woodstock, Winnipeg, Man.,
Brandon.
Dealers in American Currency & SterltnR Exchange.
Agents In New York:
Agents In London

Buy and

collaterals.

84 Devonshire & 30 Water Sts., cor. opp. P.O.

8t. Catharines,

BOSAJIQUET. SALT & CO.,

Co.,

CONGRESS STREET,

35

Ko.

BRASCEES:

;

&

,

Transact a General Banking Business.
all

BANKERS,

400,000
WILKIE. Cashier.

HEAD OFFICE, TORONTO.

BALTIMORE.

Conn*ci*d by SpecUU Wire wUh Xevt Tofit and PKUd'
(Ulphia CorrespondenU.

Dealers In Mnaldiial, State and Railroad Bonda.

Brewster, Basset

A.Hambleton& Co

BANKERS AND BHOKKRfl,
No. 5 SOVTH STBBET,

Co.),

t

HARRIS,

Imperial Bank of Canada
CAPITAL

Co., John

No. 40

Acency, 48 ExchKuice Place.

JOHN

Baltimore Bankers.

BANKERS AND BROKERS,

HEAD

NBW YOUK—Tha Bank of Now

SwuT &

(Formerly CnAS. A.

85,700,000 Paid Up.

•

HUGH

Preildent. SIR
Vlce-Prc«ldent.

&

Dupee

Perkins,

OF CAXADA.

m

Cnllectlons

terms

John

;

made on

all

prompt returns.

F.

JOHN

Southern points on best

P.

BRANCH,

President.

Glenn, (;ash. Fbbd. R. ScoTT.Vlce-Prest

&

THOitlAS BRAKCII
CO.,
BANKERS AND COMMISSION MERCHANTS,
RICHMOND, VIRGINIA,
Information on all classes of Southern Seonrilles.
especially State Bonds, Tax Coupons, &o.
Cor-

respondence solicited.

Woslcrii Bnukci'8.
0. F.

PENZEL,

President.

(

STATE BANK,

tIncorpon>*.ed 187S.

iC. T. WalkEB
Cashier.

f

German Bank,
LITTLE ROt &, ARK.
CAPITAL (Paid-in)
SURPLUS, ... .

...... t73,000
...... 0^,000

Prompt attention giren to all business In onr
N. Y. COBBE8PO.NUENT8— Donnell, lAWSon A
tnd the Melropolitau National Bank.

line
Co..

THE chronicle:

IV

&

J. li,

Noel,

Commercial

and

Paper.
For

sale, desirable

M£NT,

SECURITIES FOR INVEST-

puyiotf 5 to 8 per cent net,

oltcited
Messrs. Kountie Bros,

O^rreBponaence

New York Correspondents.

W. PIKKT.

&

Co.,

BANKERS

FOREIGN EXCHANGE.
Wood, Huestis & Co.,
PINE

ST..

^VOOD

DEALER IN IVESTERN SECURITIES
De(»ulted County, Township and City Bonds o(

Sttllcited.

DAVIS.

&.

Ezecnte orders in all securities
York Stock Exchange. For Sale,

listed at

305

&

OlIVE STREET, ST.

Co.,

L.OVIS,

Mo

Western Investment Securities for sale
St. Louis City and Stutcs of Missouri, Kansas, Texas
Arkansas and Colorado Bonds a specialty. Kull information given in reference to same on application.
Coupons and Dividends collected.
First-class

&

Co.,
Tarvis, Conklin
KANSAS CITY, MISSOURI.
MORTGAGE

FlH.ST-Cl.ASS RAlI.ltOAB " IST MORTGAGE B<>ND8.
C. WOOD. C. U. UUKSTIS. L. M.

SWAN

Sistare's Sons,
NASSAU ST., NEW YORK,
DEALERS

IN

Co.,

Exchange.

graph.

Interest and principal paid on day of

ma-

Tho.?. M.

Wm. W. Thornton,

Thornton,

TAINTOR.

CA^ Co.
BA KERS
BI

Buy and

Bank of

Buffalo,

BUFFALO,

N. Y.

Investment Secnrltles.
BOX 2,047.
Wayland Trask. H. J. Morbe.

EDISON, BRUSH, UNITED .STATES,
STOCKS FOR SALE.

N. T.

&

Co.,

BANKERS AND BROKERS,
T Wall St., Cor. New, New York.
INVESTMENT SECURITIES.
Special attention to business of coantry banks.

Lansdale

A. M. Kidder.

W.

C. IIlLL.

Brooklyn

^

So.

BANKERS,
3H Kroadvpay.
Branch OOicc,

cor. ExcbanfEO

Place, N.

Y

I'iS La Salle St., Chicago,
TRANSACT A GENERAL BASKING BUSINESS.
INCLUDING TUli I'UKCIIASK AND SALE OF
STOCKS AND BONDS FOR CASH OR ON MARGIN. BUY AND SELli INVESTMKNT SECURIINTEREST ALLOWED ON DEPOSITS
TIKS.
SUBJECT TO CHECK AT SIGHT.
P. O,

D. A. BOODT,

KEDBEN LELANO,

n. Y.,
Connected by Private Wire.
All securities dealt in at the N. Y. Stock Exchange
bought and sold on commission and carried on a fair
margin, interest allowed on credit balances.

PaiNCE, JAS. WniTEJ.V, H. CRUGER OiKLST

llAHKY

c.

Logan,

W. K. TkavekS,

Prince
So. 64

maynard

c. Bybk.
Special Partner.

&

1

Box

To

447.

C. W. McLeLLAN, JB.
F. O. SALTONSTAI.T..

(BraucU

Officp,

180

YORK.

Investors.

81 Pine

16 Court St,

BROOKLYN.

NEW

St.,

RAILROAD

YORK.

STOCKS..

Fred H. Smith,

BANKER ANB BROKER,
BEOAD STREET. KEW YORK.
RAIIiROAU SECl/RITIES

No. 20

(An Intimate knowledge of

all

for the paat 10 Year8\

A SPECIALTY.

25 f\we

§T.

-

{^ew^ORK-

Purchase and sell on Commission GOVERNMENT
and RAILROAD BONDS and STOCKS, and all
classes of Securities dealt In at the

STOCK EXCHANGE,

NEW YORK

Investors or Dejilera wishinR to haj or sell ar»
invited to communicate.
State, Municipal and
Kuilway Bonds and Coupons buuKht and sold at best
Murket Rates.

JOHNPoNDIB. EDUAUD AlEUTBNS. AUG. NATHAN

Pondir

or all reputable Securities

bought and sold in the OPEN MARKET. LOANS
and COMMERCIAL PAPER negotiated. Interest
paid on DEPOSITS, subject to check.

&

Co.,

& IiiTestment Securities,
20 EXCHANGE PLACE, NEW YORK.

stocks,

Bonds

Orders executed on the London and European
markets.

H. L. Grant,
BROADAVAV

BANKERS,

UNITED BANK BUIIiBING,
Wall
STOCKS,

Corner Broadway.
COMMERCIAL PAPER.

Street,

BONDS

it

Stocks and bonds bought and sold on commission at
New York Stock Exchange. Advances made on business papef and other securities.

Wu.

WM. D. HATCH,
Member N. ¥. Stock Ezch.

B.

Kendall.

No. 145

NEW

YORK.

See quotations of City Railroads in this paper.

Gilman, Son

Whitely,
Fifth Avenno).

No. 31 WAIil.

_.

63

STREET,

BANK'ERS AND BROKEBS,
Beter to Uessii. fsbk

* Hatch.

BOND

CITY RAILROAD STOCKS &
BOUGHT AND SOLD.

BROADW^AV, NE\r YORK,

All (flasses of Railway and Mining Stocks bought
sold on Conjmission.
r
Private Telegraph Wires to Philadelphia, WUmlngon, BHitiraore, Washington, Boston, Bridgenort

NEW STUEET,

BROOKLYN AND NEAV YORK.
SECURITIES.
BONDS'.
FRANK B. BEERS, CITY
GAS STOCKS,.

(oIij]<S,pOi:[DEN jy EJVI^INS.

-OFFICES—

Uall Bdildino, Troy,

Bonds.

Securities, City

NEW

Boardman,

BROADWAY, NEW YORK,

Beers, Jr.,

Ga« Stocks, Ac,
.^o.

STOCK BROKEK,
Ho. 80

FULLER

p. O.

CoRUESPONDKNTS.— New Vork, National Shoe &
Leather Bank; London, Union Bank of London.

A. H. Brown

STREET,

ELECTRIC LIOMT STOCKSv

,

8300,000.

This bank has superior facilities for making collections on all accessible points in the United
States, Canada and Europe. Liberal terms extended
to accounts of bankers and merchants.

NEW YORK,

NEW YOEK.

Sell

made In Shelby and adjoining Counties
and Proceeds remitted on Day of Payment.
REFERENCES— National Bankof Comraerce.New

CAPITAL

ST.,

WALL

No. S6

STREET,

No. 18 W^ALIi

BHELBYVILLE, ILLINOIS.

and

BROAD

No. 24

STOCKS AND BONDS,

Geo. H. Whipple,

Collections

I^inancial.

HOLT

1864.

F.

BhebmanS.Jewktt, Pres. JosiAH JEWETT,V-Pres
WII.LL4J1 C. CORNWELL, Cashier.

OBO. H.

Coleman Benedict & Co.

18S9,)

J. D.

Bonds.

Cash

York. Union National Bank, CincinnKti. Third
National Bunk, St, Louis. Traders' Bunk, Chicago.
Indiana Banking Company, Indianapolis.

GOVERNMENT, MUNICIPAL ana

sell

ESTABLISHED

THORNTON &, »0\, t3oodt|,
(Established
BANKERS ANU BROKERS,
W.

oa

corrftspnndents.

Transact a General Banking Business, including
the purchase and sale of STOCKS and BONDS fdr
cash or on margin.

New York. Funds promptly placed. Large
No losses. Send for circular, references
and sample forms. F.M.PERKINS. President; J. T.
WARNB, Vlce-Prest.; L. U. PERKINS. Secretary;
CHAS, W. GILLETT, Treas. N. F. HART Auditor.

allowed

purchase and sale of Stocks and Bonds on Margin
or for Investment.
,
Complete Financial Report Issued weekly to our

Oifers to Investors the best securities In the market.

experience.

INTEREST

MEMBERS OF THE N. Y STOCK EXCHANOB.
A strictly commission business conducted in the-

New^ York,

turity in

reoelved and

Private telegraph wires to Providence and Boston.

Interest allowed on dally balances.
All deposits subject to check at sight.
Particular attention to orders by mail or tele-

LiAWRENCE, KANSAS,
MORTGAGE LOANS UPON IMPROVED

Buy and

RAILROAB
G. B.

Sell on Commlsflion, for cash or on marsecurities dealt in at the New York Stock

THE ^V£ST£RN

FARMS.

Holt,

6c

balances.

Buy and
fttn, all

It

WAIA. STREET, NEW YORK.
TRANSACT a GENERAL BANKING business.

II^VESTUIEMTS.

FIRST-CLASS

Wtalttlngham

late

No. 10

DEPOSITS

Geo. K.

Interest 7 and 8 per cent semi-annuiil, and always
collected and remitted to investor free of charKe.
Over a million dollars loaned and not a dollar lost.
SavinRS banks, colleges, estates and private individuals who want SAKE and PROFITABLK investments, write for circular and full information.

FIRST

Wasbuub».

New

1^0 A NS

Farm Mortgage

C.

Washburn.

Taintor

upon trnprOTefl
farms in the best portions of Kansas and Missouri,
worth from three to six ttmi's the amounMoaned.

FIRST

Lansing

BANKERS,
the

GEORGE

17

P. F. Keleher

CHAS. B. CALDWELI, late West 4 Caldwell.
Silas C. Bay. Member N. Y. Stock Exchange.

NEW YORK,

Missouri. Kansas and Illinois liought at best rates

Correspondence

8t.

Transact a general Banking Business. Indadfng the
Purchase and Sale of all Securities dealt lo at tbo
New York Stock Exchange.
Interest allowed on deposits subject to sight draft

successors to

I.OUIS,

sale.

BROKERS.

i.

Broadway and Wall

securities,

BANKERS AND BROKERS,

Sam'l A. Gaylord,

Inrestment Securities for

Caldwell, Hay & Washbubm
UNITED BANK BUILDING,

OUy, Railroad * MituUantout SUttkM and Bond*

31

ST.

F.

UNITED BANK BUILDINO,
2 WALL STREET.

ixvestme:«t

DEALERS IX

Bonds

H. Latham

.

J-

BANKERS,
ST. L.OUIS, Mo.,
Hnnlclpal

Latbam.

XXXV.

Financial.

Financial.

Western Bankers.

Nelson

IVoL.

&

Co.,

BANKERS,
CEDAR STREET.

In addition to a General Banking Business, buj

and

sell

QoTernmeDt fi<iDd*#nd Inrettment Secort

September

THE CHRONIOLE,

30, 1882.

Financial.

AMERICAN
FINANCE COMP'Y,
8
.31

NEW

it » NA«if*AU ST.,

TIIIUU

8.

!ST.,

to

Stocks wid bonds boutfht and sold for oasb

» 1, 000,000
furnished

Interest allowed on deposits, aabject to cheek at

NKGOTIATIO.VS conducted

Corpomtlipns whose property
Receivers or Trustees.

is

In

WILL BUY OR SELL DEFAULTED BONDS

SECUUITIES.
Have constantly on hand and

R.

JOHN O. SIIORT. President.
JOHN C. NEW. Vlce-I>re«ldeut.
WM. P. ^VATSON, Sec'y aud Xreas.

of^uretysliip.
FIDELITY &. CASUALTY CO.

.VI.

Bonds

ALEX.

3
Buy and

Co.

Fine

f.TOO.OOO
SiHj.ooO

It.

Wm. B. Kendall, Henry Sanjfor, Alex. McCue,
P. Kolfe,
Chaa. K.Marvin, A. A. Low.
B. K. Kiiowlton, At>ni. B. ltayl)», Henry K.SheldoQ,
H.E. Plerrepont, iian'KJiiauneey. John T.Martin,
lez. M. White

loslah o. J,ow, Edmund W.CorUes
Krodcric CrnmwtiU.
IturKS. President,
WM. K. bUNKKli, Secretary.
N. Brush, Comptroller.

RIPLKV

K. LEAB.

No.

Henry

H. Curtis.

&

Bros.

&

Warfield,

a. H. DAYTON. GEO. H. Stayner
Special.
SJejaber fj. Y. Stock Kxch.

Earl & Dayton,
1BANKEBS AND BROKERS
TO

59

Albert E. Hachfield,
NVSSAf STREET,

Deala iB luTeatnieut Securltlea ahd

Bouda

AND BONDS BOUGHT AND SOLD

strictly on COMMISSION.

STOCKS

and

BONDS

At Auction.
he Uodersigticd

Ti>kk«,
^

SALES

>

Irold

REGULAR AUCTION

of all clitsaes of

STOCKS AND BONDS

STOCK BnOKEKS.

ON

WEDNESDAYS AND SATUBDATS.

ADRIAN
0.

7

II.

niTLLER & SON,

PINE STREET,

Ueneralljr.

1VANTEO
Indianapolis

& St.

Louis

Columbus & Toledo
Joliet

& Northern

:

Ists.

Ists.

Ista.

Cincinnati Richmond A Fort Wayne Stook.
Cincinnati Hamilton A Dayton Bonds

For Sale.-tl.OOO WllllamsburK Gasllxht First Mottgfige Six Per Cent Bonds.

J. P. WINTKlNGIIAin.
GAS, INSURANCE, BANK STOCKS.&C.
SKCCRITIES BODOHT AT THK AUCTION SAI.I8.
36 PINE STREET, N. V.
See adyertlsement In the Journal e/ Commerce,

NEW YORK,

&

Randall

Wierum,

50 EXCHANGE PLACE,
Brokers In Railroad Stocks and Bonds,

GOVBRNilENTS

<t

Cbas. K. Randall,

fOiJBIOA BXCBANQE.
Otto C. WiiRUit

Member

N. Y. Stock Exchantie.

JOSEPH

P.

LLOTD.

Lloyd

DREXEL BUILDING,

New York.
S'SeCKS

9.)

Broun,

Wm. M. earl,

Stocks and Bonds.

on commission, for investment or on
at the New Yorlt Stock

T.

Exch

DOUQLAS HENUy.
CH A RLES SETON IIINBT.
Member N. Y. titock Ex. Member N. Y. Mln. Stock ExDaniel Wakfield.

and Miscellansoiu

EXCHANGE CO HUT, NEW YOUK.

F. MEAD,
N. Y. Stock

BON0.S, UNLISTED SE.
CUKITIBS AND MINING STOCKS,
52 BROADWAY.

UVYESTIMENT S£CURITIE§.

sell

(ROOM

8TOCKS AND

Co

KIRK,

&.

BROAD STREET.

4

BROKERS IN

51 Exchause Place.

Tinker,

I.

Member

BANKERS AND BROKERS,
3 WALL STREET, NEW YORK

85

Schuyler N.Warren &

BY

TOBEY
IT

Co.,

Stocks. Bonds and Government Securities bought
and sold on commission. Interest ailoftSd on deposits subject to check at sight

John

Buy and

BOUGHT AND SOLD

York.

Mead &

F.

Vysse, Sons

TKUSTKKS:

niaririn, lUl securities dealt In

New

Tnog. a.Vyse. tho.?. a Vyse, Jr. c. C. Bboun
W. K. D. VYSK, Member N. Y. Stock Exchange.

tnlnlstrator.
It can act as agent In the sale or management of
real estate, collect interest or dividends, receive
registry and tninster liuoks, or luuke purchase and
•ale of Governiuent and other securities.
Keiiifious and churitabte institutions, and persons
anaccuBtomed to tlie transuctton of business, will
find this Company a. safe and convenient depoaltory
for money.
CHAH. K, MAKVIN, Vice-i'rea't.

&

(RIVER DIVISION),

sell

Exchange.

This Company is authorized by apeclat charter to
Act as receiver, trustee, KU&rdian executor, or ad-

Barker

Ohio Central RR.

&

Street,

Y. Stock Exchange.

L. B. Baco.v

Office with Private Wire at 23 West TwentyTliird Street.
Buy and sell on connnis.slon for Investment or on
margin, all securities dealt in at the New York Stock

Clinton 8t8.,BrookI}-n, N. Y.

C.

Member N.

EXCHANGE COURT, NEIT XORK

OFFICE:

Uexuy

U. B. Bacon.

IN.

SEE GAS QUOTATIONS IN THIS PAPER.
CYBOS E. STAPLM.
GEO. H. PRENTISS.

3
Branch

The Brooklyn Trust Co.

D. Barker,
N. Y. Stock Eick.

DEAI.T

York" Stocli

STOCK BROKERS,

Euwaud Kawlinos.

City, Railroad, Gaa, Electric Light

AND ALL KINDS OF

BROOKIA'N SECURITIES

on balances.

BROAI>\rAY.

Jt

Railroad Stocks aud Bonds,

Street

on commission all Securities dealt In
At the New York Stock and the New York MLnine
BzchunKes. Deposits received and interest allowed

NEW YoBK DiKECTORS.—Joseph W. Dreiel, A. L.
Hopkins, H. Victor Newcomb, John Paton, Daniel
Torrance, Edw. F. Winslow, Eraatus NVLman..
Transacts no other business.^

Cor.of MoDtHKue

AND

GAS SECURITIES,

Bacon,
BANKERS AND BROKERS,

I.

,

NEW YORK

CLARK.

s.

Clark

Deposit with Insurance Department
>fUU,000
President
Managing Director

No. 178

Now

In

KIMDAIX, A. B. LOINSBKRY, F. E. BA1,I.AIU]
Members N. Y. Stoci^ Exchange.

BROOKLYN.

ST.,

GAS STOCKS

Members of the New York Stock Exchange.
Checks and Cable Transfers on JAMES T. BATES A
CO., Geneva. Switze r iand.

of Suretyship

Galt.

mONTAGUE

mils Building, New York.

OF NORTH AMERICA.

t.

AN1>

308

18e8,>

POSITIONS OF TRUST.

Alkx.

&

James T. Bates & Co.,
(ESTABLI8UED
BANKERS AND BROKERS,

FOR OFFICERS AND EMPLOYEES IN

Cash Capital
Cash Assets over

with Boody, McLellan A Co., Bankora and MmabcrE
New York Stock Exchange, SB Broadway

Y'OUK.

Exchani^e.

R. J.

Ulcbarda.

The Guarantee

Co.,

BROADWAY, NEW

Thirteen Years' Membership

way, N. Y.
Wm. M. RICHARDS, Prest. John M. CitANB. Sec'y.
H. B1.ACK and VV. UAllVEY LICE, Inspectors.
DlKKCTUKK— UeorKC T. lIope.G. ti. Williams, Geo.
S. Coe, Charles Dennis, J. s. T. Stranahan. A. B.
iiull, A. S. Barnes, S. B. Chittenden, U. A. Huribut,
W. G. Low, David Dows. J. D. Vermilye, Alex.

Wm.

&

Kimball

J.

No. 40

IJOO.OOl) 00

Capital Invested in U. S. Bonds
25U.0OO 00
•On deposit with Intturance Department.. luo.uou 00
OBlclals of iianks. Kallroittts and Transportation
-Companies, Managers, Secretaries and Clerks of
I'utjllu Conipanics, Iiistiturions and Commercial
firms, can dbtuin security from this Company, at
moderate charges.
±hh bonds oi this Company are accepted by the
courts of the State of New York.
Full information lis to details, rates, Stc, can be
obtained on application to head office, ITSi Broad-

for sale

BANKERS AND BROKERS

TOBK.

Assets

Co.,

A. EA.ST01V,

r>.

Stake.

Circulars with full particulars mailed on application.

4>llcatlon.

Bonds

&

F.

WESTERN Cri'Y AND FARM MORTGAGES,
Bearing 7 to H per cent interest.
WESTERN MUNICIPAL BONDS.

or

convert them Into Interest-paying Investments.
Circulars and other Information furnished on ap-

Kzdumce

Dayton A: nichlxan Int 7a, 1884.
Jackaon A Gt. No. lat 8a, 1886.

N. O.

No. 33
Staples,
Prentiss
TUAN8ACT A GENERAL BANKING BUSINESS
AND BUY AND SISLL INVESTMENT
No. 11 AVAI.I. STREET, NEVT YORK,

WILL BUY AND SELL IN VESTMENT SECUR-

NEW

lat 7a, 1005.

C. 1st CouB. Gs, 1930.

I. St. li. Sc

BANKERS,
Nassau Street, New Tork,

hands of

the

JOHK

George Stark

foi

ITIES on CommiBdlon.

OF

Vlrsiuia Int 7*, 1910.

iKht.

Geokoe Stabk.

WILL CONDUCT TIIK FISANCIAL BK-ORGANIZATION of Kallroad Compan'ei and other

2

or

}n margin.

OK PKOCCUKD

FINA.NCIA;.

FoRDYCE
Member

CIIICAOO.

Central Bk, 1887.

dc ^Xre^t

Columbu* & Toledo
C.

Counties. Tow n;- and Cities, and for Kutlroad Corupunics and other Corporations.

Hknbt

I>n i^nlle 8tr»et,

NEW YOUK.

Corp()rttte antl I'rivivre Investors.

CAPITAL

Sib.

130

So, 17 Noir street.

KUIINISHED
f.T
Batlroiid Oomi'iinit's huvlfiK lines ander construction, and iheii liiirifls purchiiao-1 .»r neKOtlated.

JUitchell,

New York
Ohio

VOUli,

SOUND INVKSTMENT SKCURITIES

Investment Bonds.

Field;

BANKERS AND bROKERS.

1*1111. AUEI.PHIA,

-

Day &

Colbron,

I'OllTl.ANO UliOC'K, L'lIIL'AliO.

Capital Stork,

Financial.

Financial.

No. 34 \r AI.Ii

W. C. MCKBAN
Member of N. Y. Stock Kxch'sat

& McKean,
STREET, NEW ITOBK.

BUY AND SELL-ON COMMISSION
GoTerument, Railway and IlXlscellft*
ueous Securities*

&

Town Boiidaoi West. States.
^Wlscon^in Central UK. 0U\ L.Aad Uraut Bonds
Joseph & Western Lit. Stock.
Joseph v^ I'licitlc UK. Bonds.
Olty Of St. Joseph Mo.. Old B'-nds.
Clonnty, City

St.
St.

interniitionul Improvement Cu. Subscriptions*
Brooklyn Kleviitea UK. Securities.

American Cable C^. SubscrlptloHS.
Midlund Hailruiid of N. J. Securities.
CtiiCHKO

A

(irand

fioutli CttrnliMii

Trunk UK,

UK

Securtttes.
Securities.

(irand Hapids & Indiumi UK. Stock.
Cincinnati Kichmond it l-ort Wayne Stock.

Bousht by W.M. U. IJTI.KV,

THE CHRONICLE.

Tl

Financial.

Financial.

The New England

THE

Financial.

INTEREST AND
THB
bonds and
on the

DIVIDENDS

Btooks ore payable at

follonln*;

WINSLOW, LANIBR
luid <,«dai Stpeete, New

the banklnj; house of Messrs.

*

comor of

C<).,

N:i»5aii

Ifork City, after October 2, 1882
Atlas EnKtno Works, Indianapolis, Ind.—
KirstMortea«e8«.
Columbus & HoiflilnK Valley Railroad Company—

OFFER FOR SALE AT PAR AND ACCRUED
INTEREST FROM JULY 1,

„
Cincinnati Hamilton A Dayton Railroad Co.—
First Consolidated MortKane 7e.
First Consolidated Mortet^e 6s.
Dayton A Mlchi;;aTi Itallroad Co.—

PER CENT TWENTY- YEAR BONDS.

5

$1,000 Each, Dae July 1, 1002.
SECURED BY
First Mortgages on ImproTcd Farms,

Third Morti,'it«e 7m.
Grand Rapids & Indiana Railroad Co.—
First >lortKu£e Unguaranteed 7b.
First Mortitago Bx. Land Grant 7s.
Indiana State—
F^ye-twenty 5s.
Indianapolis, End.—

Guaranteed, Principal and Interest, by

Schoolliouse 68.

Bchoolhouse

Ss.

Interest Coupons payable January 1 and July 1.
Bonds registered to order or payable to bearer at
option.
pamphlet with full information will be sent on
application to the Company's Office,

Special Stock. 1^ per cent quarterly dividend.
Stafford Township, Ind.—

A

7s.

OCTOBER 8:
Pittsburg Fort Wayne 4 Chicago Railway Co.—

43

Begular Stock, IH per cent quarterly dividend.

OCTOBER

Bath County, Ky.—
Compromise 6s.
6s.

,

OCTOBER

80:

Bedford, Ind.—
Municipal 6s.
CoUai City, Ind.—
Municipal 88.

CHICAGO &. INDIANA
COLUMBUS
CENTKAI. RAILWAY COMPANV.

be as perfect a security as can be obtained.
The issue of bonds Is limited by law to an amount
not exceeding five to one on the paid-up capital. The
security of each bond Is not confined to a single mortowned by
f age, but extends over all the moitgttges
he Company.
The experience of the past seven years has fully
demonstrated the high character of the mortgages In
which the Company mvests. This Company recelvea
no deposits, guarantees no other securities, and has
no other debts than its bonds.

CHARLES

SPECIAL NOTICE.

BEFORE OCTOBER 1,

J, F. F.

when the time limited
by the Kcorgiinization Agreement of this company
will expire, persons must sign the same if they desire
1882,

Signatures will
to participate in its advantages.
at the office of J. 8. Kennedy
&Co., No. B3 William Street, or C. J. Osborn 4 Co.,
No. S4 Broad Street, New Vork.
Purchasing Committee's receipts, in exchange for
the bonds and stock of the company and of Union
Trust Company's certificates, will be ready for delivery on Sept. 19, 18.S2, at the Union Trust Company's
office. No. 73 Broadway, New York.
The Agreement has already been duly signed by
parties Interested to a Dumber more than sufficient
to make it binding.

meantime be received

New

York, September

)

C. J.

)

OSBORN,

purchasing

fJXfmtttM
^^ommittec.

l^HE CANADIAN PACIFIC RAIU-»-WAY COMPANY.
NOTICE.
The second half-yearly payment

of interest on the
Five Per Cent First Mortguge Land Grant Bonds of
the company will be made on presentation of coupons
on and after the 2d day of October next (the 1st
l>eing Sunday), at the ollice of the company. Place
d'Armes Square, Montroiil, and Bartholomew House,
London, England, or at liie office of Messrs. J. 8.
& CO., agents of the company. No. 63
William Street, New York.
C. DRINKWATEH, Secretary-Treasurer.

KENNEDY

SHORE & MICUIGAN
THE LAKE
SOUTHISIIN KAILWAY
CO.,

TREASUllEH'S OFriCE, GltANI) CENTRAL DEPOT,

)

NEW VOHK, Sept. 27, 1882.
i
of Directors of this Company have this
day declared a QUARTEllLY DIVIDEND of
The Board

TWO

its capital stock,

payable on

Wed-

nesday, the first day of November next, at this oftico.
The transfer books will be closed at 3 o'clock P. M.
MONDAY, the Second <tay of October next, and
will be reopened on the morning of Monday, the sixth
day of November next.
E. D. WORCESTER, Treasurer.

on

FFICE OF PULLKIAN'S PALACE

CAR COMPANY, CHICAOO, Sept. 7. 1882.
EXTRA DIVIDEND.
An extra dividend of ON K AND ONE-HALF (liil
PElt CENT on the capital stock of this company has
this

day been declared, payable on and after Oct.

1

to

stockholders of record at close of business Sept. 16,
out of manufacturing profits for the fiscal year ending July 81, 1882.
Transfer books close Sept. 16 and reopen Oct. 2.

A.

8.

WBINSUBIMBR,

Secretary.

be paid on and after October S at the office of Messrs.
Jesup, Paton 4 Co., No. 52 William St., New York

Chicago 4 Alton Income.
St. Louis Jacksonville 4 Chicago First Mortgage.
Mississippi River Bridge Company First Mortgage.

ST. PAUL MINNEAPOLIS
J-MANITOBA RAILWAY COMPANY, No

&

STU]-:et.
Yoltli, Sept. 28, 1882
The semi-.-innual interest due 1st October next
the Second Mortgage Bonds of this Company will

on

rPHE

new

^1HE HOUSTON & TEXAS CENTRAL
X KAILWAY CO.MPANY, HouSTO.S-.TEX.,Sopt.21,
1882.— Coupons of the

GKNBKAL MORTGAGE

PER CENT AND CONSOLIDATED EIGHT SIX
CENT BONDS of this Company due October 1 PER
1882
will be paid by JOHN J. CISCO & SON, No. 68 Wall
New

Invites correspondence.

TIMO THY HURLEY

York.

T.

Geo. C. Richardson,
John Webster,
Frothingham.

DIRECTORS
Henry Saltonstall, Austin
E.
I.

E.

w. CAVE,

Ellekton Phatt,
J. Baxter Upham,
Faunsworth,
Gilman S. Moulton.
•
CHARLES L. Flint.

Oregon Transcontinental
FIRST mORTOAOE TRUST
BOXDS,

maturing on the

Ist

of October,

W8*, of the First Mortgage Bonds of tliis Company
-will be paid on and after that date at this office by
GBO. T. M. DAVIS, Treasurer, 4c.

NEW YORK TO BUFFALO.
The Mortga;:eis a
as well as

S,

V.

U

Francis Smith

Co.

MORTGAGE

L.OAIWS.

Indianapolis, Ind.; Colnmbug, miss.;

inontgomery, Ala.; Vicksburg,
NORTHERN, 6 PER CENT NBIT.
SOUTHERN, 8 PER CENT NET.

E.

lTIi88.

Bailey,

S.

PINE STREET.

7

RR.

Guaranteed 3 per cent semi-annually
by Del. Lack. & Western RR. Co.

Stocks

A SPECJALTY.

OFFERS FOR SALE

&

CO.,

WALL STREET

52

Detilinps in

C. NOYES,
NASSAU STREET,!

UtiOA Chenango

upon the equipment

TAYLOR &

HVREBIJT, Insurance

&

WM.
No. 31

first lien

upon the Road.

No, 52 TVllltain Street.

Stock.

in perpetuity

Cash paid at onoe for the above Securities; or
they win be sold on commission, at seller's option

Car Trust Bonds.
WB MAKE A

SPECIALTY OF THESE VERTl
SAFE SECURITIES, AND BUY AND SELL SAME

Valley Railroad Stock.

AT MARKET PRICE.
WE OFFER A LIMITED AMOUNT OF DESIRABLE CAB TRUST ISSUES, ADDITIONALLY
International Ocean Tel. Stock.
BECLRBD BY TUB DIRECT OBLIGATION OF
Gold and Stock TelegrapU Stock. THE
RAILROAD EQUIPMENT CO.WPANY.

Guaranteed 2"^ per cent semi-annually by Delaware Lacktiwitnna & Western RR. Co.

Guaranteed IJ^ per cent quarterly f or W9 years by
Western Union Teiegraph Co.
These stocks are in the nature of a mortgage bond,
being first liens upon the earnings of the guarantors.

C.

Chew,

J.
WALL STREET, NEW YOEK.
XKXAS KAILXVAYS,
ItONDS, LANDS, *c.
No.

Dosirable Texas Securities for Inyestmcnt constantly on hand

ri AliLATIN

NATIONAL. BANK.—
NEW YORK,

September

87, 1882.

ONE HUNDREDTH DIVIDEND.
The Directors
a dividend of

of this

Bank have

FIVE PER CEXT

this day declared

out of the profits

Kountze

till

that date.

ARTHUR; W. SHERMAN,

CT. LOUIS

Cashier.

FORT SCOTT ^k W^ICHITA

RAILROAD.— Coupons

of the First Mortgage
Seven Per Cent Bond.s duo Ist October next will be
MORAN
BROTHERS,
paid by
68 William Street.

/CENTRAL IOWA RAILWAY COm-

^PANY.—Coupons of First Mortffa^ie Bonds on all
Divisions, due October 1, 1882, will be paid at our
office No. 10 Wall Street.

TAINTOR & HOLT.

State of Indiana, is closing up its atfuirs. All noteholders and others, creditors of saiil a-ssociatiou, are
therefore hereby notified to present the notes and
other claims against tiui association for payment.
J. P. KENNEDY, Cashier.

JULY

22, 1882.

Brotliers,

BANKERS,
130 Broad war (Equitable Buildins),

NEW V O K K
LETTERS OF CREDIT AND
CIRCULAR NOTES
.

Issued for the use of travelers in
all parts ot the world.
drawn on the Union Bank of London'
Tetegiaphio transfers made to London and to
various phtees in the United States,
Deposits received subject to cbeclc at sight, and interest allowed on bulunces.
Government and other bonds and investment seBills

curities

closed

CO.,

PINE STREET.

34

of the past six raonths, payable October 10th, prox.

The transfer hooks will remain

MAUTI\ &

POST,

7

Treasurer.

ROAD CO., No. 18 4 18 BXCHANQE PLACE, New

Interest payable seml-annnally upon the first
days of JANUARY and JULY.
This road forms with the lielaware Lackawanna
& Western Railroad a direct through line from

FOR SALE BY

OFFICE OREGON PACIFIC ~RAIl7- NOTICE.—THE FIRST NATIONAL
BANK OF LlBEllTV, located at Liberty, In the
TORK.—The Coupons

ERN RAILWAY COMPANY
FIRST nORTGAGB SIX PER CENT
BONDS OF 1921.

SELECTED

Corbin,

D.

REED

Manager.

NEW YORK LACKAWANNA & WEST-

inOSES

Amos

63

be
Slid on and after Mouday, October 2, on presentaon of the proper coupons at this office.
JOHN 8. KENNEDY, Vice-President.

Street,

ranches.

FOR SALE BY

President.
Treasurer.
VICE-PRESIDENTS

Thos. Wiqgleswouth,
Elisha Atkins,

"VrOTlCE,— COUPONS OF THE FOLLOWING BONDS, maturing October 1, 1882, will

WILLIA.M

Has for Sale In all those States millions of acres of
Timber, Mineral, Gnuing and Farming Lands, Orange
Groves.
Can supply cattle and sheep and horse

FLINT,

li.

STltEETS,

DOTotes its entire attention as Agents for all who
wish to Buy or Soli Lands, and to Negotiating
Desirable Loans secured by First Mortgage upon Improved Re&l Estate
In all the Southern States.

BR£\r$TER,

IB, 1882.

WILLIAM L. SCOTT,
JOHN B. KENNEDY,

PER CENT upon

MILK STRK£T, BOSTON.

These bonds are commended to the attention of the
most conservative investors, as they are believed to

IS:

Blackford County, Ind.—

Turnpike

TEraPLE COI7RT,

NASSAU AND BEEKMAlf
NEW YORK CITY,

7.i.

Second MoitgaKO 7s.
Third Mort.gH«e 7».
Bchoolliouse

Its

CAPITAL, STOCK OF f 1,000,000

MuQlciDai Hs. Series B B.
Pittsburg Fort Wayne 4 Chicago Rallwaj Co.—
First MortBaee

SOUTHERN L.iND, EMIGRATION &
IMPROVEMENT COMPANY,
Security Co.,

Mortgage

Flrat MortKajre 7b.

XXXV.

[Vol.

bought and sold on commission.

Spencer Tratk.
Geo. F. Peabody.

Ered. B. Noyet.

Spencer Trask & Co.,
BANKEMS AND BROKERS,
70 Broadway,

New York

City.

Transact a general Banking Business
Stocks

Bought and Sold on Margins.
on Deposits.

Interest allowed

BUAscH Offices,
Connected by Privale Wira,

Philadelphia, 132 S. Third St., C. F. Box.

Albany,N.y.,6D

&

(i7

Saratoga, N. Y.,

State St.,W.A.GEAVEa

Grand Vaioa Hotel

HUNT'S MERCHANTS' MAGAZINE,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OP THE UNITED STATES.
Wm.

(Entered, according to act of Congress, In the year 1882, by

VOL.

B.

Dana &

SATURDAY, SEPTEMBER

35.

CONTENTS.
Interest Eatfs

are Rising

I

357

|

Pennsylvania Traffic and Earnings

Union

(equal

358

and

Pacific

Its

Char-

to

361
England's DiplomaticTriumnh 362
Commercial
Monetary and
363
English News
Commercial and Miscellaneous
365
News
Tlio Financial Situation

18@30

money

present,

from

7 to 12

LtbrarUn of Congress, Washington, D.

NO.

1882.

30,

mercantile paper

THE CHKONI0n>E

How and Why

Co.. lu the office of the

per

was

cent

selling

annum),

per

5^@6

at

for brokers' wants

is

0.|

901.
the

best

per cent.

At

decidedly lower, say

per cent, but prime commercial paper

is

Such changes coming concurrently
tercd Rights
360
THE BANKERS' GAZETTE.
with the first trial of the new interest law hare led some to
Honey Market, Foreign ExQuotations of State and Railchange, U.S. Securities, State
368 put the connection of cause and effect between the statute
road Bonds
and Railroad Bonds and
369
New York Local Securities
Stocks
passed and the changes in the condition of money, and to
366 Railroad Earnings and Bank
Range In Prices at the N. Y.
Returns
370
Stock Exchange
question therefore whether the law itself was not of doubt367 Investments, and State, City
I

1

and Corporation Finances..
TIMES.

371

THE COMMERCIAL
Oonunerclal Epitome
Cotton

375
375

I

I

380
381

Breadstufls

Dry Qoods

quoted

at. 7

per cent.

ful utility or perhaps

That

this

however

ject is evident in

^Ixe OTIxrawidc.
The Commekcial and

Chronicle m pMiahed in
every Saturday morning.
New York, N. Y., as second-class mail matter.

Financul

(

Entered at the Post Office,

|

TERMS OF SUBSCRIPTiON-PAYABLE

IN

For One Year (including postage)
ForBixMonths
do
Annual subscription in London (Including postage)
Six moB.
do
do
do

ADVANCE.
$10
1

78.
88.

SubsoriptionB will be continued until ordered stopped by a written
order, or at tht publication office. The Publishers cannot be responsible
tor Remittances unless made by Drafts or Post-Ollice Money Orders.
neat file cover is fumislied at 50 cents postage on the same is 18
eents. Volumes bound for subscribers at $1 00.
litTcrpool Office.
The office of the Chronicle in Liverpool is at No. 5 Brown's Buildings, where subscriptions and advertisements will be taken at the
regular rates, and single copies of the paper supplied at Is. each.
WILLIAM B. DANA. 1
WILLIAM B.
& 00., Publishers,
79 & 81 William Street,
YORK.
JOHN 8. FLOYD. J

A

operation.

ways.

In the

first

place

commer-

last fall (before

the

passage of the act) the same as now, and the current
quotations at times showed that

it

ruled then, as now, at

a discount in excess of the legal rate of interest.

Further-

more, brokers are not borrowing any more than a year

20.

6 10.

*2

many

its

a very superficial view of the sub-

paper was salable at any discount

cial

New York

even harmful in
is

:

and probably not so much

ago,

;

were, the fact that they had to pay

even

if

they

old prices for

it

could

besides

not lessen the discount on mercantile paper, or affect

way
how

or the other.

impossible

it

it

one

Then, again, a moment's thought shows
is

—even

without the help of facts and

circumstances which most positively disprove the assump-

—

that emanpipating money, at a commercial centre
where capital is secure and is free to flow in and
Post Officb Box 958.
out, should enhance rates.
It can and will lower the
rate, as it is admitted it has done in the case of brokers
INTHREST RATES
but how can it have the opposite effect ? It is not long
RISING.
The interest rates which have been ruling of late weeks since one heard on every side the argument that
show a better market for money than has existed at any steam and the telegraph had put us so near London that
time since 1874.
We do not mean that Stock Exchange the rates of interest would be equalized hereafter. And,
loans have been higher than when the system of fractions surely, if there is any force in that idea, the law which
prevailed
we all know that they have not been nearly so in substance simply allows capital to earn what it is worth
high, except for a few hours
on one day.
But cannot but help to that end.

DANA

HOW AND WHY

tion

NEW

ARE

;

;

only true indication of the
The question then recurs, why are rates of interest
today at a greater discount than higher than a year ago ? We shall not have to seek far
is shown by our record to have existed during the last for the explanation, for there is nothing strange or uneight years
and probably any amount of money could be usual in the situation. What should make rates high if
put out now (on call ostensibly, as that is the only way it not a decreased supply of money and an increased demand
can be legally done) at 7 per cent or over, with the best for it? We do not mean that there has been any loss in
collaterals, the borrower understanding that the loan is the active currency, taking paper and gold together, for
not to be returned in less than six months unless called.
But paper is not money. We have
there has not been.
This condition of the market has been taken by many lost during the year about 29 millions of gold besides
as an evidence that the Kiernan interest law, passed last having hoarded other amounts, as we showed in our issue
winter, though operating to the advantage of the broker, of the 2d of September.
To be sure, this loss, so far as
is working to the disadvantage of the merchant.
Those active currency is concerned, has, as stated, been made

mercantile

paper,

general market,

the

sells

;

who

proof in the mere fact good through the issues of silver certificates, bank notes,
pay more now for accom- etc., but enlarged currency issues only aggravate the evil
modation and brokers less than a year ago. For instance, by disturbing prices.
this time last year while brokers were paying 6 per cent
Vat a still more active cause for these enhanced interest
and a commission of 1-32@1-16 per day additional rates is the absorption of capital which is in progress and
take that position find

their

stated above, that merchants

THE CIHKONICLE.

35S
^hich has been

during the

especially rapid

The above shows

eight

last

We

that under the attraction of the higher

banks have received gold and currency to the amount of nearly 2^ million dollars the past
rates prevailing, our

need only refer for illustration to the leading direction in which our surplus earnings have been

months.

XXXV.

IVou.

month in excess of the amount received in September, 1881.
is a perfectly natural movement, and there are not
dollars
per
mile
(an
wanting
indications that the same influences may possibly
underthousand
of road which at 25
millions
act
give
200
that
being
upon
Europe, and before long give us a supply from
would
of
the
cost)
estimate
Still, the present tendency towards such a
the amount of floating capital that has been turned into that quarter.
fixed capital through railroad construction alone during movement from London may be counteracted by a further
Howthe months of this year. And this movement did not substantial rise in the rate of the Bank of England.
begin with 1882; the above total is to be added to the ever that may be, enough has been said to show the
flowing, and

that

we have

year

constructed

about 8,000

same time

the

This

advantages this new interest law gives us in attracting
capital to this centre.
Furthermore, we have also seen

miles built during the previous two

about 18,000

At

years.

this

miles

—

;

•cost of

Even

building.

railroad

into

is

already

also all

our industries have been

-expanding and absorbing new capital.
"We are not arguing that the country by reason of the
circumstances stated has reached or is approaching an

that the

now

not a spasm, but a change in the

is

PENiVSYLVANIA TRAFFIC AND EARNINGS.

That is a very difiEerent
unsafe or dangerous condition.
is not within our present inquiry.
"We have

question and

use for these facts

rise in rates

conditions of the country and of the loan market.

make a

Present earnings of the Pennsylvania Railroad

only so far as they throw light upon

striking

the discussion as to the enhanced value of capital, and
they tell us plainly and forcibly that higher rates for the

the

to those of a

contrast

During

few months ago.

four months of the year the net earnings on the

first

lines east of Pittsburg and Erie recorded a decrease every
must be month, the aggregate decrease for the period being no
-anticipated in the future at every time of commercial
Now for four months we have had
less than $931,001.
In confirmation of the latter statement we find
activity.
an increase, the latest (that for August) being exceedingly
it has
that this situation has not come upon us suddenly
amounting to $588,356 so that the decrease of
large
been of slow but constant growth approaching steadily the first third of the year has been almost entirely made

use of

capital are reasonable

now and

that they

—

;

—

;

during the years of our industrial development. To indi- good in the second third, leaving the net earnings for the
how gradual but positive its advance has been, we eight months but $62,554 behind those of the correspondhave prepared the following, showing the rates of discount ing time in 1881.
for prime commercial paper at New York during SeptemThe large gain in August is certainly surprising. It
ber of each of the last five years.
was supposed that there would be some gain, but the mag-

cate

nitude

Rates for Prime Commercial Paper.

Week ending1881.

1882.

Sept. 8
"
15

6

-3)0^
•317

"

2-Z

6

"

29

7

3-

-36

3
5

*l5

5%a6

1890.

1879.

1878.

5

-SoH
®5>a

4

•S5i2

-5
*5

aOifl

5

®6's

5

aS'fl

*5

•»6is

4
4

5

exceeds

increase

the

of

expectations.

Over

$850,000 increase in gross and pretty nearly $600,000 in
net, all in one month, shows a marvellous growth in

®3
®o

business,

same time demonstrates the capacity
Pennsylvania for heavy earnings
favorable traffic conditions. "We need scarcely

and

at the

of trunk lines like the

•S6

under

514316
Average nionth.
5
6>4^a>G%
"b^seM •* asM
•The rates in 187U were exceptional, due to the peculiar aud wild
^speculation that fall, which infected all clas^ses and all coiuniodities. the

fairly

—

3)51.

say that the
relates

result of the exhilaration felt after the resumptiou of specie paymeuts,
loUowiBg the long previous depression.

to

traffic

the

conditions this year

movement

of the

at least

crops,

as far as

upon which so

—

much

stress is laid
were no more than " fairly" favorable.
Winter wheat came forward in much larger quantities
when for the reasons stated in the foot-note the rates were
than in the previous August, and oats also showed a
phenomenal, the advance has been constant and directly
larger movement; but all this was not ssfiicient to offset
in accordance with what might be anticipated from the
The great point in favor of the present
the loss in corn.
They prove, also, very plainly
iacts we have narrated.
Last year in August
year was the maintenance of rates.
that the new interest law has no more to do with the rise
the war raged fiercely. "While bearing this in mind, howin quotations this year than it did have vith that of the
ever, it must not be imagined that the increase this year
previous year, which was before its passage.
merely represents a corresponding decrease last year^
There is, however, one piece of evidence already existThat would be an
leaving earnings the same as in 1880.
ing of the beneficial working of this Kiernan statute
erroneous idea, for as compared with 1880 the net earn-

The above

figures

"which indicates that
lief.

Capital can

At this centre.

show

it

now

that with the exception of 1879,

may

possibly result in positive re-

legally secure whatever

it is

worth

Consequently the high rates

now

ruling

ings last

year showed a comparatively small decrease

(about $110,000), while ihe gross earnings actually exhib-

this fact we have
showing the gross and net
Canada and domestic sources. The interior movement of
earnings for August, and the eight months to August 31,
currency and gold to and from New York, which we give
for each of the last four years.
in ou» " Financial Situation " each week, made up from
PESKSYLVASIA RAILROAD BMLBNIN08 (Eastern Linos).
bank returns procured by us every Friday, shows this
1880.
1879.
AugHsl.
1882.
1881.
Last week there was a large arrival from Canada,
fact.
$
notwithstanding rates are high there aad that this is their Gross earnings
4,671,179 3,809,978 3,723,35,5 2.SI82.718
2,G38.ai9 2.363.474 2,168,875 1,725,720
Operating expcTises
for
season
and
active
September the arrivals from
Net earnings
2^32,800 1,444,504 1,534,48« 1,256,998
all sources have been as follows this year and last.
Per cent of expenses to
58'25
67-8G
56-48
G209
earnings
ItUCElPTS OF CURRENCY AXD GOLD BY NK-flr YORK BANKS.

here are drawing

it

hither

;

as yet, though,

only

ited

from

a small increase.

prepared the following

To bring out

table,

1

;

,

Week ending—
September

30.
S3.
16.

9.
Total.

1883.

$1,505,000
1,015,000
900,000
886,000
14,306.000

1881.

$490,500
499,600
750,000
230,000
$1,970,100

Jan. 1 to Aug. 31.
Gross earuings
Operating expenses...

31.471>176 29,144,835 26,607,070 21,179,682
19,6»1, 101 17,211,606 15,635,676 13,077,215

11,870,075 ll,932,6i;9 10,931,391
Net ciirnings
Per cent of expenses to
carali^gs

62-a6l

g9-06

58'84

8,102,467

61-74

"We thus see that even as compared with 1880 there
a gain oi pretty

iiearly half a million

dollars

is

in nei io

e^rrxKBER

THE CHRONICLE.

80, 1882.]

369

while the increase in gross earnings

is
rates nor the crop movements have brought about the
These heavy gains on 1880 are all large increase in railroad business over 1879 and 1880^
the more remarkable that 1880 had shown such decided but that it is due to an augmented volume of local and
improvement over 1879. If we compare with the latter general traffic; and this is one of the most promising

August

this year,

close on to a millioc.

find an augmentation of almost $1,700,000 in features in the situation.
and
$800,000 in net. This ia equivalent to an
gross
For the eight months of the year we have not of coarse
increase of 57 per cent in gross earnings and 62 per cent so favorable an exhibit as for August.
As said above,.

year,

we

total gross for

August

year ($4,671,179)

this

company.

in the history of the

The the decrease in net on the lines east of Pittsburg and Erieunmatched amounts now to only $62,554, against $931,000 on the 1st
is fully half a million
of May.
But the 1881 figures were a million above thosepreviously recorded. of 1880, which in turn were
2J millions above 1879, so
years.

short space of three

in net earnings in the

It

is

above the largest monthly total
Indeed, even totals of 4 millions are of comparatively that the present net earnings are over $900,000 larger
recent date. The net earnings, too, are, we think, unprec- than in the former year and 3f millions larger than in
edented certainly they are without parallel in the period 1879, and are heavier than in any other year except 1881.
over which our record extends five years. The total for On the lines west of Pittsburg and Erie, which have athe month is above 2 millions, or but about $120,000 below much smaller proportion of local tra£Qc and are more
;

—

the earnings of January and February taken together.

These

a great expansion in

us, indicate

figures, to

the industries along the company's lines, a large increase

a decided growth in general

in west-bound freight, and

and miscellaneous traffic,
ment of the crops nor in

upon through

largely dependent
all

the crop
is less

the

movement and

pretty good,

is

—and therefore upon
— the result

on the eastern

satisfactory than

showing

traffic

the maintenance of rates

all

lines.

For August

things considering, the

move- surplus being reported at $290,562, against $295,799 itt
1881, a loss of only $5,000 but for the eight months the
year, of course,) that loss is heavy, indeed, there being a surplus above all

for there is nothing in the

the rates

of transportation (ex-

;

cepting in this latter particular

last

would account for them. Take, for instance, the grain liabilities *of only $506,252, against $2,054,670 in 1881, a.
movement. We have already alluded to the heavier decrease of over a million and a half. Compared with
movement of wheat and oats this year as compared with 1880 the exhibit is scarcely less unfavorable, for then thelast, but it does not follow from this that the movement surplus was $1,874,547
but compared with 1879 there is
was also heavier than in 1880. On the contrary, it appears quite an improvement, since then there was a deficit of
At the eight principal ports of the $236,000 on the eight months' operations, while now we^
to have been smaller.
West the receipts of wheat for the four weeks ended have a surplus of half a million. We give below the
August 26 were 9,792,749 bushels in 1882, against 7.222,- figures on these lines for August and the eight months, in
703 bushels in 1881, a gain on last year of 2,570,046 the last four years. It will be observed that the surplus for;

were 11,065,972
and not an increase,

bushels; in 1880, however, the receipts

August

bushels, so that there

1881.

is

a

decrease,

between 1882 and 1880. Of
were heavier in 1880 than in
as

a

exhibits

smaller

The

1881.

1881, so

over

increase
are

figures

oats, too, the

1880

5,413,997

that

1882

than

over

bushels

Of

corn,

when compared with 1880

is

larger than in

any other year except.

1881.

1882.

1880.

1879.

.•

Jan. 1 to July 31... $215,690 $1,758,871 $1,657,936 DeMcit.. $422,758
216,611 Suii>lU8. 185,901
295,799
290,562

in

on the other hand, the receipts in 1880 were

oS

year

BUnPLUS OVER LIABILITIK8 ON WESIEBS LINKS.

receipts

1882, 3,183,889 bushels in 1881, and 3,846,451 in 1880.

smaller than in 1881, so that the falling

this

the present

Jpn. 1 to Aug. 31.... $506,252 $2,054,670 $1,874,547 Deficit.. $236,854

While the accounts are separately reported, the relation
Western lines to the Pennsylvania Bailroad

of these

eastern lines) is, as is known, very intimate,
and their prosperity is an important factor in the yearly
movement is very decided even from 1880. The receipts results of the company's operations. Any deficit has of
in that year were 15,470,525 bushels and in 1881 were course to be made good by the Pennsylvania Railroad,
Last
17,400,987 bushels, but in the corresponding four weeks of while a surplus tends to swell its net receipts.
August this year they were only 5,2 18,635 bushels. Taking year, for instance, the profit on these Western lines went.
now all kinds of grain together, we get a total of 31,208,- to the Pennsykania Railroad in the shape of a 5 per cent624 bushels for 1880, 28,360,931 bushels for 1881, and dividend upon the 20 millions of Pennsylvania Companif

year

is

not as great

compared with 1881.

as

it is

when (comprising the

Nevertheless, the contraction in the

The decrease here shown is stock, all held by
from Chicago. For vious years these

20,741,891 bushels in 1882.

On

it.

reflected in the rail shipments east

lines

the other hand, in 1879 and pre-

made a heavy

draft upon the net

August, 1882, these shipments (including not only grain, earnings of the Pennsylvania Railroad. The figures for
but also flour and provisions), according to the Railroad the present year, thus far, show that even if the WesternGazette,

were only 131,875

gust, 1880.

heavy

tons, against

169,314 in Au-

In August, 1881, the shipments were very

— 260,608 tons—but

this

was due

in great degree

lines

do not contribute to the Pennsylvania's net income,
they will not be a burden to the company, for

at least

there

is

already a surplus of

over $500,000.

Whether, in the remaining four months of the year,
canals.
the loss on these Western lines (as compared with
We thus see that the large gain in earnings over the 1881) can be overcome, would seem, notwithstanding the
month of August, 1880, is not to be »scril»ed to a fuller good business outlook, exceedingly problematical. The
crop movement. Nor is it, as said, to he ascribed to gain would have to amount to almost $400,000 monthly,
better rates received.
Of course, as compared with last and that is a pretty big sum for the Western lines to add
year, when grain was carried from Chicago to New York to their earnings.
But if the Pennsylvania Railroad

to the railroad war, which diverted shipments from the

at

10@12a

per 100

lbs.,

the present rate of 25c.

is

a great

should suffer a diminution of

improvement, but when we go back to 1880 we find a
rate of 30c. (or 20 per cent higher than now), which also

account, there

was the

have an

rate prevailing in the latter part of August, 1879,

fliough ¥1 the early part of that

same

as in the present year.

month

at least

is

directly operated

by

it

its

east of Pilfsburg

increase, greater or less in

the figure was the

entire, offset.

Its large

It is thu§ clear that neither

of th^ crops,

now

net income on this

the prospect that on the lines

and

and increasing

it

will

part, if

not

Erie,

amount, as

local traffic, the (ize

assured, the maintenance

of rates, th»

THE CHRONICLE.

360

revival of the iron industry, with the collapse of the strikes
in the raining regions, the enlarged coal production and

show

make

of general business, ought to

the growth

the road

months

large gains over 1881 in the remaining

of

A

first suggestion with reference to the above quotawhether the clause cited can apply to the present
Union Pacific road, inasmuch as no such corporation

3.

tion

is

exists

UNION PACIFIC AND ITS CHARTERED
RIGHTS.
to the matters referred to
cle suggested

by the

late

by us September

16, in

our

arti-

&

purchase of the Hannibal

St.

is

a totally

new

organization called the

Pacific Railway, but the old Railroad

Company

has

been defunct for more than two years. Early in 1880
(January 24) the Union Pacific Railroad Company, the

Company, and the Denver & PaCompany were consolidated
under the name of the Union Pacific Railway Company,
and stock of the new company issued in exchange for the
Kansas

We have received the following communication in relation

There

now.

Union

the year.

[Vou xixy.

Pacific Railroad

Railroad and Telegraph

cific

Joseph Railroad. The point our correspondent raises as stock of the old companies, not excepting that of the Union
The point we make, thereto the want of authority in the Union Pacific to make Pacific Railroad Company.
the combination proposed, is one we did not touch upon. fore, is not simply that there has been a change in one
To

the Editor

CJOMMEHCIXL AND Financial Chroniclb.

portion of the

I have read your elabarato article In your Issue two weeks since on
the possible relation of the Hannibal <t St. Joseph KB. to the Union
Faciflo, and as well the possible relation of the Union raciflo to the
Chicago Burlington <fe Quinoy and other roads In Illinois and Iowa.
I think much uncertainty abqut the future conduct and plans of the
Union Paoiflo would be romoyed if you would reflect that the Union
Faciflo Is a company chartered by Congress for a yery speciflo purpose,
and llnolted by very speciflo conditions. True, its powers have already
been exceeded in many ways, but conflicting interests may induce such
action before Congress as may compel the law offloers of the Goyernment, as well as the Government Directors of the Union Paciflc Railroad,
to more fully perform their duties, and see whether the laws are being

obeyed or disregarded.
The act approved July Ist, 1862, and July 2d, 1864, outlined the
powers of the company, and the act approved March 3d, 1873, still
further circumscribed its real authority. I think there is no danger that
the Hannibal A St. Joseph will be any more closely aUied to Union
Faciflo than at present, nor is it likely that the Union Pacillo will make
any alliance that will divert trafflo or earnings from the company's
present main lines, as the Interest of the Government would be so
dtreotly aflTected in reg:u-d to the sinking fund that Oongi-ess would certainly pnt a atop to that.
The Union Paoiflo cannot como east of the Missouri River for purItose of extending or controlling an indopondent line to Chloago without
assent of Congress, for the charter is limited between Missouri River
and Ogden; neither can the company issue stock, bonds or other securities to pay for an interest in Hannibal <& St. Joseph stock, or any other
branch line, without flying in the face of the positive prohibition of the
fourth section of the Leglsiatire, Executive and Judicial Appropriation
BUI approved March 3d, 1873.
Imvestioatob.

We have

not

tlio

upon the discussion

space to-day to enter at any length

of the matters suggested

but will endeavor briefly

to

by the above,

cover the more important fea-

tures in the discussion which our correspondent raises.

The

1.

intention of our article of September 16

was

Joseph with the Union

was

Pacific

standpoint, a wise business venture.

little

in the state of

&
2.

St.

traffic,

would

Joseph from the Mississippi river to Chicago.

Our correspondent goes one

and

step further

that there are insuperable legal obstacles in the

way

insists

of such

a union, and bases his assertion on a clause in an appropriation bill passed

clause

is

by Congress March

3,

That

1873.

contained in Section i of the act of that date,

and reads as follows.
" The books, records, oorrespnndence, and ;iU other documents of the
Union Paciflc Railroad Company, shall at all times be open to inspection by the Secretary of the Treasury, or such persons as he may
delegate for that purpose. • • No dividend shall hereafter be made by
company but from the actual net earnings thereof and no new
stock shall be issued, or mortgages or pledges made on the property or
future earnings of the company, without leave of Congress, except for
the purpose of funding and securing debt now existing, or the renewals
thereof. * • Any director or oflloer who shall pay or declare or aid
In paying or declaring any dividend, or creating any mortgage or
pledge prohibited by this act, shall bo punished by Imprisonment not
exceeding two years, and by flne not exceeding Ave thousand dollars."
said

;

This provision, " Investigator " claims, is a positive pro-

and
which
arrangement
any

hibition against all farther issues of stock or bonds,
therefore, he concludes, against

might connect the Hannibal
Pacific system.

&

St.

Joseph with the

Pacific,

but that

A wholly new con-

grants further authorizing the adoption of such

name and style as they (the original companies)
might agree upon" (see Act of 1864, Section 16, a part
The promoters had the power
of rrhich we quote below).
then, and, had they chosen, might have called the new
organization the Kansas Pacific or any other name they
" corporate

desired.

Furthermore, the act of 1864 expressly states in the

4.

16th section what shall be the rights, powers and restrictions, &c., of

say,

it

the

new

consolidated

company.

That

is

confines the restrictions wholly to those specified

contained in the act of 1862 and amendments thereto,

to

and
and

which either original company was subject to "unthat is, under the act of 1862 and
(that) act "
1864 and amendments. The clause in the law of 1873 which
our correspondent refers to, and which we have cited, is
not a part of or an amendment to the Pacific Railway
grants of 1862 and 1864, but simply an extract from an
Hence, so far as we
appropriation bill and nothing more.
can see, it has no application to the new company. In
fact it would seem to us very questionable whether a clause
of such an indefinite nature thrust into an appropriation
to those

—

der this

without any reference in the

from a revenue
company any
Oar conclusion was

through

Union

the original grants by Congress seem to have author-

ized, those

bill

warrant an extension on that account alone of the Hannibal

manner

not,

local trafBc that

of the

St.

baaed upon the fact that the route to Chicago from the
Union Pacific lines would be long and roundabout, and
while there was

title

cern was perfected by the companies specified, and in the

ter, is suflSciently

hence in poor position to compete for

or

tjim-

&

ply to show that the amalgamation of Hannibal

name

organization does not exist.

the old

Union

But

it is

5.

explicit to take

title

mat-

to the subject

away even from

rights granted under the

original

the old
charter.

not necessary to discuss that point.

Finally, consolidation between the

the Hannibal

&

made

in the

Union

Pacific

and

Joseph companies seems to be clearly
authorized by the charter, provision having been specifically
for

it

St.

acts authorizing the

Pacific

roads.

Section 16 of the incorporating act of 1862 says.
" And be it further enacted, that at any time after the passage of this
act all of the railroad companies named herein and assenting heieto, or
any two or more of them, are authorized to form themselves into one

consolidated company."

This

is

reiterated at greater length

and with much parwhich reads as

ticularity in the act of 1864, section 16 of
follows.'

"And be it further enacted, that any two or more of the oompaniea
authorlied to participate in the beneflts t)f this act, are hereby authorized at any time to unite and consolidate their organizations, as the
same may or shall bs, npon such terms and eonditlous, and in such manner as they may agree upon, and as shall not be incompatible with this
act, or the laws of the State or States in which the road of such companies may be, and to assume and adopt such corporate name and style
as they may agree upon, with a capital stock net to exceed the actual
cost of the roads so to be consolidated, and shall flle a copy of such consoUdationintheDepartmentof the Interior." • * *

was under these provisions of law that the Kansas
and Union Pacific were amalgamated in 1880.
The limitations sought to be imposed upon the Union
in 1873
yet
Paciflc were enacted seven years before
they did not interfere with the consolidation and the
It

Pacific

—

assumption

;

by the new company of additional indebted-

Pbptbmbkr
ness and

issuance of

*,he

tion with the

THE (HKONKXE.

aO, 1882.J

Kansas

understand that

it is

new

Pacific

possible

claimed to be

the Hannibal

&

within

provisions

Now if

stock.

was

illegal

the combina-

— and we do not
— why could not

Joseph and the Union Pacific combine
At first thought it may be supin the same way ?
not
come
posed that the former company does
the

St.

the Pacific

companies,

termed

Pacific

a

the

of

since

road.

is

it

law

upon

bearing

not what

is

usually

But the Hannibal & St.
and more than once, too —

361

week dropp3d to 4 from 5 per cent, it may be that London can keep itself supplied and force any drain of gold
to this country to fall upon the Continent.
Perhaps in
view of these conditions and of this possibility, the Bank
directors are less anxious about the situation.
Bxt if the
current should at any time change, and the Bank of
England lose either by shipment to America or elsewhere more than it receives, we cannot see that it can
do otherwise than further advance the rate

—

It seems possible, however, that a condition may arise
which will put it beyond the control of the Bank manThus agers to check the movement of gold to this side.
section 10, and section 13 is entirely given up to it.
speculative demand for our securities is easily discouraged
authorization
conferred
within
is
embraced
the
the line
by section 16 of the act of 1862, quoted above, providing by high rates of money, but not so an investment demand
for the consolidation of all railroad companies " named based upon very large earnings, assisted by higher rates

Joseph

is

mentioned by name

in the incorporating act of the Pacific roads.

It

appears in

A

A

feature of the movement hitherto is
comes within the meaning of the of interest here.
which provides for the consolidation that the European demand has fallen mainly on our better
"
class of properties, in which the speculative element is very
of " companies authorized to participate in the benefits
"
at the time of slight. It will be seen by the following that the prices of such
of the act, " as the same may or shall be
securities have been relatively higher during the week at
the proposed amalgamation.
We are sorry to be compelled to notice these points so London than in New York, showing a good profit on
As our market has fallen London has
briefly to-day, as they seem to be interesting and perhaps cable transactions.
followed,
but
still
relative differences in values have
the
indicate what are the designs respecting the Hannibal &
" herein,"

amending

and

it

also

act of 1864

continued.

St. Joseph.

THE FINANCIAL SITUATION.
This week has been

Sept. as.

rumors with regard to
unfavorable weather in the West, but noihing positive has
transpired to change the views respecting crop prospects
expressed by us last week.
Money, however, has a porprolific of

tion of the time been very active, with high rates ruling

;

but the action of the Treasury relieved the situation in
that particular.

On

the other hand, as a favorable feature,

business continues good for the season, and what

equal or of more importance perhaps, exchange

is

is

of

falling

Lond'ii

Stvt- £6.

Sept. 27.

London N.Y. Lond'n

:\r.r.

Sept. 28.

Sept. 28.

Lond'n N.r. Lond'n tr.T.

VTice»^ prica. pric«.* prica. prUts.* priCM. price*.* prices. price*.* pricet.

111% 118-94
lOOH 100-24

119H
1«0«

118-94

119-H

43«

lCO-24
42-78

100«

100-73

100

43-90
100-73

9m

100 73

ICO

140-58

139>i 140-83
1!>3« 131-59*

140K
131

140-5a
13i-35J

M

81-'.8+

119-07
100-61

I19j(i

118-94

100^

43 39

43«

100-48
42-90

2d con. lOOIS
ni.Cent. 14156
N. Y. C. 136 92
Keadlnj; 32-391

100>i
140><

134)^

136-18

65

S2-U2t

U.S.48,c.

D.S.SHs
Brie

42X

eSrH

Sl-78t

42«

118-58
100-23

119«
iOOX

42-70
100-52

42M
e9«

136X 14085 l»Hi
133M 133 71; 18^
62?s

31-47t

BBW

Bxch'^e,
cablet).
*
+

very decidedly.

.v.r.

t

4-8 9

4-89

4-80

4-8»

4-88

Expressed In their New York equivalent.
Readlnf? on basis of $50. par value.
Bi-dlvidend.

Money was manipulated on Monday and Tuesday for
London the purpose of influencing stocks and also, it is said, in
showed then what was to be expected, and this week there order to induce the Secretary of the Treasury to modify
has been on the market a large supplv of bills drawn his order for the call for bonds so as to relieve the market.
This latter circumstance and

week.

The

relative

prices

its

of

cause

we

indicated last

our stocks

at

against securities bought for European account.

These Last Saturday the Department issued a call for 25 millions
produced their nat- of extended 5 per cent bonds, redeemable December 23d.
ural efiect, that is a decline in the rates of exchange of one It was then confidently expected that an order would be
cent on Thursday and a dull and declining market since. promptly made directing the redemption of these bonds
This downward movement is significant, for it is the result without rebate of interest, but when it was seen on Monof a re.vival abroad of confidence in affairs generally, and es- day that the Treasury had only ordered the redemption

and the

bills

against the

Panama

loan,

some of our securities. The question as to the per- with interest to the date of presentation the manipulation
manency of the feeling and the continuance of the demand, of the money market commenced. The early rate was 7
would seem to depend upon the future course of the per cent. From this there was a rapid advance to 15,
managers of the Bank of England. The earnings of our then a leap to 22, and from that figure to ^ of 1 per cent
railroads are sure to be large and to steadily increase for commission and interest, the equivalent of 51 per cent
some months to come, and that cannot fail to inspire con- per annum. That this was purely the result of manipulafidence in Europe in these securities and to stimulate free tion is shown by the fact that while money was being bid
purchases, with the result of gold shipments to this side, up at the Stock Exchange, banks and bankers making a
unless the Bank of England shows a disposition to raise its specialty of loaning money were charging not more than
rate until the movement is checked.
7@9 per cent. On Tuesday morning the opening price
That the Bank of England will, in the contingency at the Board was 12 to 15 per cent, then came an advance
mentioned, raise its rate several points higher than it is to 1-16 of 1 per cent commission and interest, followed by a
now is the general belief among bankers here, and for 15 and then a 20 per cent rate.
the reason we have often mentioned, that the Bank reserve
The Secretary of the Treasury had a conference about
is so low that it cannot afford to lose gold.
In fact, on noon with prominent bankers, and shortly after, issued an
Wednesday some of our foreign houses were quite confi- order directing the Assistant Treasurer to redeem without
dent that the Bank rate would advance then, not because rebate 5 millions weekly of the bonds embraced in the
money in the open market there was any dearer, but be- 1 1 6th and 1 17th calls. The effect of this order was marked.
cause of the reason stated.
Still there was no advance,
The rate for money at the Stock Exchange fell at once
for the 5 per cent rate appears to be gradually drawing to 3 per cent, and it closed at 5 to 6.
Since then the
gold from the Continent besides, as the Bank of Prance range has been from 9 to 4 per cent, notwithstanding the fact
has a very large supply and as it continues to keep its rate that'the disbursements by the Treasury for bonds amounted
pecially in

;

of interest

down, and as the Bank of Belgium has

this

to only $2,475,050 on

Wednesday, $837,550 on Thursday,

THE CHRONICLK

362

[ 'OL.

XXXV.

and $147,700 on Friday. The action of the Secretary was by a raid upon Louisville & Nashville and Central
Yesterday the market was weak along
so decided and accompanied by the unofficial declaration New Jersey.
with a further decline in
that if the money market was not relieved by the redemp- almost the entire list,
tion of bonds some more effective measure would be prices.
Rumor explains these irregularities with the
adopted, that the attempt to manipulate money was not claim that one of the leading operators is not quite ready
renewed, and it is not probable that it will be for the for an upward movement, he being engaged in perfecting
present at least.
The called bonds are coming in very certain combinations, but of what nature does not appear.
slowly, mainly for the reason that they are so widely
The Bank of England reports a gain of £245,000 bulThe 117th lion during the week, and a further increase on balance of
scattered, some
even being in Europe.
has
been made for the £63,000 on Thursday and of £102,000 yesterday. The
<:all
is
that
the first
•extended 5s, and of the $216,756,050 owned by the return of the Bank of France shows a loss of 5,775,000
banks, about 175 millions have been converted into the francs gold and of 500,000 francs silver.
The Bank of

new

3s,

leaving the remainder of the bonds in the hands

For this reason it is possible that the
redemptions under the recent order may dwindle to comparatively insignificant amounts by the end of next week;
and after the October interest comes out, it may be necessary for the Secretary to resort to some other method for
preventing accumulations in the Treasury. The Treasury
operations for the week have resulted in a loss, which is a
gain to the banks, of $34,809.
The following shows
the interior movement, including Treasury transfers.
of the public.

Receipts at

and Sh ipments from N.

Gold

T.

Received.

Shipped.

$1,378,000
127,000

$1,730,000
36,000
1,700,000

Treasury transfers
Total

-Sep*.

28, 1882.

Gold.

M
Bank

of

England

Bank

of

Germany

Total this week
Total previous week

«

21,982,694
23,069,226
39,749,996 45,616,026 24,347,460 19,205,789
6,765,250 20.295,750 6,439,750 19,319,230
63,497,910 65.911,776 53.856,436 6^ 52-^ 03*1
68.312.178 65,946,238 54.329.230 69,638.949

^p" The above gold and silver division of the stock of coin of
Germany Is merely popular estimate, as the Bank Icself

et

the Bank
gives no

information on that point.

late

Oonsistlng of—

payments

Duties.

Date.

Gold.

the Sub-Treasury.
Sept. 22....

.Sub-Treasiirj- operations, net. .

Total

TT.

8.

Notes.

In/o Banks. OiUofSatiks

$34,809
1,505.000
$1,539,809

S
3,466,000

.$3.460000

Net Lose.

*$34,809
1,961,000
$1,920,191

"
"
"

25....

"

27....

"

23

...

26...
28....

•Gaiu.
Total...

count of

Silveir.

The Assay Office paid through the Sub-Treasury
week probably again very near:y $58,439 for domestic bullion, and the Assistant Treascondition, and the following will indi- urer received the following from the Custom House.

be on rising averages, because of the

The Bank

Sept. 29, 1881.

Oold.

Silver.

of last

reflected the actual

by

of bullion

each of the principal European banks this week and
at the corresponding date last year.
in

cate the character of this week's return, which, however,
will

7,520,00^

$3,4r6.000

$1,505,000

The bank return

Germany since the last report has gained
marks. The following will indicate the amount

$516,121
381,494
557,507
752,609
442,018
518,919

01
58
59
73
82
73

$3,109,001 46

Silver
surer
Dollars. Oertiflcate*.

$163,000 $23,000 $
160,000
17.000
229,000
18.000
1,000
Sl.OOO
269,000
17.000
166,000
1,000
215,000
18,000
$1,202,000 $121,000

$2,000

$329,000
205.000
310,000
453,000
258,000
286,000
$1,811,000

America paid out $1,800,0Q0 gold on ac.
the associated banks during the week, and received
of

ENGLAND'S DIPLOMATIC TRIUMPH.

,$250,000 in return.

The stock market has been mainly controlled this
By the time this falls into the hands of our readers, the
week by the activity in money and by those who have triumphant army under Sir Garnet Wolseley will have
been manipulating moaey for that purpose. On Saturday made their splendid demonstration in presence of the
last the call for bonds influenced prices favorably, and on inhabitants of Cairo.
The British soldiers in Egypt have
Monday morning the market was strong until money was a perfect right to rejoice and be glad; for they have done
made active, when it was sharply depressed, and it did a good work and won a brilliant victory. But the victory
not recover until Tuesday afternoon, when the announcement in the field should not let us lose sight of the not less
came that the Secretary of the Treasury would redeem the brilliant, and in its ultimate consequences more far-reachcalledbonds without rebate. OnWednesday, notwithstand- ing, victory which has been won at the game time by
ing comparatively easy money, the market did not respond,

and

diplomacy.

—
—

was irregular until the afternoon, when it beThere was a period a brief period, during the ascendcame unsettled by a sharp decline in Michigan Central, ency of M. Gambetta when it §eemed as if the Egyptian
caused by the passing of the dividend and by a rapid fall difficulty would divide Europe into two hostile camps, and
in Oregon Trans-Continental, induced by an unfounded that France and England would find themselves opposed
report that the directors had taken no action regarding by the so-called Eastern League, with Italy as an ally.
It
Happily, however, the danger
the dividend on that stock. The Northern Pacifies sympa- was an ominous situation.
thized with the drop in Oregon Trans-Continental, and was averted, and from the moment that England showed
speculators for a decline took advantage of the unsettled her willingness, and even determination in a certain possicondition of the market to raid other stocks.
Some disap- ble emergency, to act alone, or with the limited and qualipointment was also felt because so few bonds had been fied assistance of Turkey, the opposition ceased. It is
sent in for redemption, and doubtless the rise in the impossible, however, not to admire the way in which this
Chicago grain markets, resulting from unfavorable reports was brought about. England's willingness to undertake
regarding corn, aided in depressing stocks.
the task of restoring order in Egypt was liable to create
The movements on Thursday were believed to be more suspicion. The traditional sentiment of England regarddirectly caused by manipulation, for while money was ing Egypt was well known at St. Petersburg, at Vienna
easy, stocks fell off, and it was not until the last hour of and at Berlin.
So the jealous Powers were invited to
business that there was any decided improvement
This
simple invitation seems at once to have
co-operate.
but
it

;

even then the temper

of the

market was suddenly changed

converted opposition into encouragement,

almost solicita-

THE (^HRONfCLa
Why should Austria —why should Germany — waste a settlement, which promises

Skptkmber
ion.

men and money

seeking to accomplish what England

in

was willing to do alone, without money or price of any
kind?
This was a great point gained. But diplomacy had not
yet completed its task. It was well that all danger of a
European complication was over. It was well that England was not to be tramelled in her work by unnecessary
Turkey, however, was
assistance and by rival counsels.
It seemed at first as if a mistake had
still in the way.
been made in asking the Sultan to cooperate. It was a
step which

would be

3H3

30, 1883. J

was beset with many grave
an ill-assorted

alliance to

difficulties.

It

begin with in the

to

be speedy, satisfactory and

enduring.
It is impossible to

reflect

on the success which bar

attended the British in this entire

without feeling

affair,

that they have mightily increased their prestige.

Napoleon's time,
cally,

it

Since
has been the custom to speak periodi-

and especial during periods of peace, of England as
We have another illustration

a nation of shop-keepers.

commerce and

in this victory of the fact that the spirit of

industrial enterprise— the spirit that prefers peace because

of the

higher advantages

it

brings

—

is

not necessarily

This

destructive of the qualities necessary for war.

victory

— military and diplomatic— will have

latest

the effect of

the magnifying the name of England, and increasing her
it would divide the honor of
would render impossible a satisfactory influence not only all over the East, but in all those regions^
arrangement. On close inspection, it is seen that the south, east, and west, where she is sowing the seeds of
invitation tendered the Sultan was at least politic if not civilization, and developing the germs of future empires.
He was the sovereign lord of Egypt. His In India its effect will be of the most wholesome and
unavoidable.
power had been fully recognized when Khedive Ismael beneficent kind. It will not only tend to consolidate the
was deposed. It was recognized much later when he was empire of the East more and more, but to paralyze the
asked to interfere between Khedive Tewfik and Arabi aggressive energies of Russia in Central Asia. It will be-

peculiar circumstances
victory

;

Pasha.

and

It

;

it

was next

to impossible

to overlook his author-

equally potent

Africa

ity now.

was wise for such a Power as Great
Britain so to act, considering her relation to the Moslem
world. It showed that Mr. Gladstone and the British people were not warring with the Sultan.
But at the same
time the Sultan's troops were not wanted in Egypt. His
active co-operation would be a curse rather than a blessing.
At this stage the hand of the diplomatist becomes
distinctly visible
and it is due to Lord Dufferin to say
that the hand revealed is the hand of a master.
It was
Furthermore,

it

—

-a

among

the semi-barbarous tribes of South

who

of people

class

are always strongly im-

pressed by military success.

As to Egypt and her future, every indication of the
moment justifies the predictions we have already made.
There is not likely to be any further trouble and we have
;

every assurance that satisfactory precautions will be taken
the

for

maintenance of peace and

nothing will be

security,

and

that-

chance.

left to

;

necessary that the Sultan should sign a special treaty with

England before embarking

Some

his troops for Egypt.

—such

of the stipulations of the treaty

as that

troops should be subordinate to English

Turkish

pt0tt«tartjg©0mmercial1|ttoltsto.g.cuya
RATES OF EXCHANGE AT LONDON AND ON LONDON
AT LATEST DATES.
BXOBANOE ATLO.VDOy-Sept.
On-

that there were only certain available points for landing

—

them and the difBculties experienced in coming to an
agreement about this military treaty or convention, were
such that the treaty has not been signed to this day. It
was simply a convenient instrument framed and amended
for the purpose of keeping Turkey out of the struggle
and it was as completely successful as it was skilfully
;

used.

Diplomatic

skill

was not

less

conspicuously revealed in the

declared purpose of the war. In the peculiar condition of the

Mohammedan

world, and coming so soon after the French

occupation of Tunis, the invasion of Egypt by a Christian

Power was

Hi.

command, and
Time.

Aiusterdain

.

Amslerdain

.

Antwerp

Rale.

3 mos. I25»a al2-6
ai2;iie
Short. 1-2 a
3 mos. 2.i-55 325-fiO

EXonA-yas
Lntesl
Date.

Ttiae.

i:i3
25-28

**

aS.-JS

»2.^G0

**

Sept. IG Short.

**

20-73
20-73
20-73
18-45

®2'i-7t(

Berlin

®20-~6
a. 076

.Sept.

Frankfort...

(•

Petersb'g

'*

St.

Short. 2y2lii-a>25-S0
3 mos. 25-50 S25-5.5

Paris
Paris

Vienna
MHdrid

•'

Cadlji

•4

O<tioa
Lisbon
New York...

l<

Bombay

12-7>3al2-10

.«

•'

••

20-48

....
....

..

Sept 16 Short.
.Sept.

20-48
CO- 18

IK

Long.

25-21
2.'S28

IISCIO

Sept. 16

4e^aii6

iSHine
23-95

a::600

Sept. 16 Short.

25-73

ilhaiolH

It

....

16

Siiort.

Sept. lt>
Sept. 16
Sept. I'i
Sept. 16

4 muK.

.Sept.

.... 60daj-8

Calcutta
Hung Kong..

....

16
Sept. 16

318-4.7

235eai2H%

Rale.

Sept. 16, Short.

Hamburg...
Copenhagen.

Ll)Sl>Olf.

Sept. 16 Short.

Brussels

"

[>,V

*'

Is. 8d.
Is. Sd.

....

8iu>ni(liai

•'
«•

4 ,S3>«
1». 8d.
18. ii.,a<l.

•M. !•>« I.
59. -ZW.

be misunderstood or misinterpreted.

liable to

From our own correspondent.
might be used to kindle the flames of religious aniLondon. Saturday, Sept. 16, 1832.
mosity. It was so attempted to be used by Arabi Pasha. It
Events of great importance have taken place thio week. The
was necessary to guard against this danger. From the gallant capture of Tel-el-Kebir by the British army and the
first, therefore, there w as no disguise on this subject.
The dispersion of the rebel army, together with the capture of th»
British Government made it plain to all the Powers
Ad- leaders of the movement, have afforded a sensible relief to the
miral Seymour and Sir Garnet Wolseley made it plain to country; and the war having been declared to be at an end, the
re-establishment has to be commenced. The Coatiaental
the Egyptians that the British invasion of Egypt was work of
Powers, it is said, desire to have their say in the settlement; but
made not in any spirit of hostility to the Mohammedan
when the question has become a pure and simple one, a concert
It

I

I

—

—

Khedive, or to the people of
Egypt, but, on the contrary, in the interests of religious

believing that the British

and

and

religion, to the Sultan, to the

civil liberty alike, to protects the rights of

the Sultan,

Khedive to his throne, and to reestablish
peace, order and security in Egypt.
The deposition of
Arabi by the Sultan worked in harmony with this avowed
purpose of the war it showed that in the Sultan's judgment England was not warring against himself or the
Mohammedan faith and the result so far has been that
the knees of the rebellion were weakened, that the victory
was rendered at once more easy and more complete, and
to restore the

;

;

that

all

the obstacles have been

removed out

of the

way

of the Powers

is

There is no reason for
Government contemplate? auuexatioa,
the work of establishing and confirming

scarcely a necessity.

if that be the ease,
the authority of the Khedive may be safely left to that Power
which has, in so brief a space of time, crushed a rebellion
which, had it been better led, might have been productive of
greater ruin than is now apparent. The disbandment of the

army, the creation of a proper force to maintain order, and the
moral and material support of Great Britain, are only required,
and it needs no great array of talent to propose and carry out
what is so distinctly necessary. The unwilling soldiers will be
soon returning to their homes, and it is fortunate that the war
has so abruptly terminated, as the cotton crop has yet to be
of secured, aud it is a matter of great importance that Egypt

THE CHRONICLE.

3H4

ihoald collect the riches of her soil as soon as practicable, since
much money will be required to meet the heavy losses which
war, however brief, necessarily entails. With modern appliances and with the assistance of European capital, Egypt,
should the seasons be favorable to her, may recover more
speedily than is anticipated ; but there must be good trovern-

ment and

security before capital

is

entrusted to Egyptian

[Vol.

ending September 2 was 829, a,£cainst 921, showing a decrease of
92, being a net decrease in 1882 to date of 1,216.
The number published in Ireland for the same week was 27, against 4,
showing an increase of 23, being a net decrease in 1882 to date
of 237.

The following are the current rates for
foreign centres:

money

Bank

enterprise.

an advance in the Bank
rate to five per cent. Sjme were doubtful as to a change being
made, but it is evident that the directors of the Bank were wise
in doing it; in fact, no alternative course was open to them.
The money market has for some days past been showing
indications of increasing firmness, and in the early part of the
week very little accommodation was obtainable under the Bank
Financially, the feature of the.week

return

is

Paris
Brussels

...
...

Amsterdam

..

Berlin

Pr.

3ie

41s

4

et.

MOH
arktt.

4
5

313
4I3

4

4%
3%

Madrid and ot her

3Jfl

Spanish
St.

cities.

Petersburg...

Geneva
Genoa
Copenhagen

4%

Frankfort

Our imports
home supplies

rale.

Market

el.

Hamburg
Vienna

at the leading

Sank
Open

rate.

Pr.

is

rather more favorable, but, at the
rate.
same time, it quite justifies a five per cent official minimum.
The proportion of reserve to liabilities is not more than 39'18

The Bank

XXXV.

41s

4ifl

6
4

a

4
5
4ia

wheat continue upon a large scale, and our
are also increasing. The markets are therefore
liberally supplied with produce, and the trade remains very
dull.
Prices have further declined about 23. per quarter, bat
of

at the close of the week rather more steadiness is apparent.
per cent, against 39'25 per cent last week and 40% per cent in
the statement which follows that the
The supply of bullion is reduced to £21,601,694, which It will be seen from
1881.
flour placed upon the British markets
wheat
and
quantity
of
compares with £23,044,378 last year, while the total reserve is
during the first two weeks of the season amounted to 5,708,000
only £11,156,714, against £12,569,518 in 1881. It is difficult to
cwt., against only 3,424,000 cwt. in the corresponding period of
Bee from what source our market is to be supplied with gold.
increase is very considerable, and certainly
The German markets are as dear as our own, but the position last season. The
accounts for the dulness of the trade. The imports of wheat
strong
one,
and
supplies
gold
is
of
are
a
of the Bank of France
have been as ranch as 3,993,403 cwt., against 2,017,194 cwt,,
in consequence expected from Paris. The directors of the Bank
and of flour 486,265 cwt., against 458,464 cwt., while the sales
consider
it
necessary
to
augment
their
France
may,
however,
of
of home-grown produce have increased from 948,300 cwt. in
terms; but circumstances do not yet justify such a movement,
The weather has been
1881 to 1,228,240 cwt. this season.
certainly not beyond four per cent. At the same time, the deduring
the week, and the rainfall has been rather
unsettled
mand for money may decline, or, more correctly perhaps,
less extensive than had been anticipated.
A five per considerable, In Scotland this has been especially the casei
.

become

cent rate of discount, with every prospect of its continuance,
naturally produces some cantion among traders and speculators, more especially as there is at the moment a greater
prospect of a further upward than of a retrograde movemert
taking place. As an advance in the Bank rate was inevitable,
it was clearly judicious on the part of the Bank authorities to

make an immediate change, as the country becomes aware of
the position at an early period of the autumn season, and
merchants can therefore act accordingly. The advance to five
per cent may save a, six per cent rate of discount, as well as
some excitement and anxiety, and it now remains to be seen
what will be its effect. The following are the present quotations for

money
Per

Bank

cent.

5

rata.

Open-market rates
30 and 60 d.iya' bills
3 months' bills

4i%®13i

458^4%

Open-m.arKet rates—
Per eeni.
4 months' bank bills
45884^
6 months' bank bills
45884%
4 <& 6 moutha' trade bills. i^9o'^

and as the harvest

still

is

progress in that country, some

in

anxiety is being felt among Scotch farmers.
The following supplies of wheat and flour have been placed
on the British markets during the first two weeks of the current

and last three seasons; the average price of home-grown wheat
and the visible supply of wheat in the United States are also
given:
3,99;!, 103

1881.
2,017,194

436,263

453,461

1880.
3,777,215
415,939

1R79.
3,316.448
337,835

produce

1.228,240

948,300

776,200

323,730

Total

5,707,903

3,423,953

4,969,331

4,173,033

5l8. lOd.

42a.8d.

453. Od.

19,500,000

14,800,000

1882.

Imports of wheat. cwt.
Imports of flour
Sales

of

home-grown

Av'ge price of English
463. 6d.
wheat for 8ea.sou (qr.)
Visible supply of wheat
in the U. S.... bush. 12,000,000

17,927,000

The following return shows the extent of the imports of
grain into the United Kingdom during the first two weeks

Notwithstanding the rise in the Bank rate, the joint stock of the season, compared with a similar period in the three
banks and discount houses have not raised their rates of inter- previous years:
mPOBTB.
est for deposits more than
per cent. This would seem to
1880.
1881.
1879.
1882.
imply that the directors are not believers in any lengthened Wheat
3,777,215
2,017,194
3,316,448
cwt. 3,993.103
140,150
73,085
118,376
232,069
period of the present rates of discount.
The rates are as Barley
710,163
548,211
410,469
664,678

^

follows

Oats
Peas

:

Per

cent.

Joint-Stock b.inka
Discount houses at call

Do
Annexed

31a
Sifl

a statement showing the present position of the
Bank of England, the Bank rate of discount, the price of consols, the average quotation for English wheat, the price of middling upland cotton, of 40-mule yarn, fair second quality, and
is

the Bankers' Clearing House return, compared with the three
previous years
1882.
1881
1880.
1379.
Clrcnlation
Publio deposits
Other deposits

Governm't securities.
Other securities

26,194,930
4,632,866
23,369,849
11,682,205
23.981,935
11,156,714

26,224,825
4.995,645
25,659,867
14,557,649
22.067,600
12,569,548

£

£

26,681,205
6,219.881
24.940,429
13,420,851
17,619,311
16,673,280

28.095,910
5.601,483
31.530,310
16,336,224
17.218,167
22,121,165

Bes've of notes ife coin.
Coin and bullion in
both departments.. 21,601,694 23,044,378 23,327,483
Proportion of reserve
to liabilities
3913
5i)l8
40«8
53
Bank rate
5 p. c.
4 p. c.
2lfl p. c.
2 1>. r,
Consols
99\
99 >4
9778
97?i
Bug. wheat, av. price.
438. 9d.
51s. 5d.
423. 2d.
47s. 11 d
Mid. Upland cotton.
7d.
7i8d.
71310(1.
e^sd.
10i4d.
No. 40 Mule twist
9l8l.
10^(1.
llMd.
Clear'K-house return. 119,154,000 81,768,000 82,101,000 94,602,000
•

.

The

Indian com.......
Flour

3%

with 7 or 14 days' notice

To

British

11,768
107,000
1,397,942
458,464

35,562
63,349
678,731
486,265

Beans

19,550
48,438
2,016,596
413,939

21,184
79,868
1,171,825
337.855

North America the exports during the same

periods were as follows:
In August.
1882.
1881.
28,822
ippjireland slo'ps.... £
32,236
Cotton piece goods. yds. 5,634,400 5,420,100
13,063
Earthcnw. & porcelain. *
10,366

,

,

Haberdashery and miiS,
Unery

Hard w.are

«t

cutlery..*

Iron— pig

tons.
tons.
tons.

Bar. ,Scc
Railroad

Hoops,

sheets

-

112,266
14,903
4,964
5,037
10,289

149,999
14,410
9.932
1

5, .191

23,490

In Bight Monlhs.^-<,

62,870

1882.
141,490
44,849,000
83,512

690,493
121,610
23,180
27,452
72,338

810,930
143,330
41,042
25,839
73,853

7,898
7.258
10,337

1881.

122,220
40,,029,100

and

boiler plates... tons.

1,988

tons.
Tin plates
Cast or wrought, tons.

944

650

1,476

1,298

1,900

829.300
68,648
11,703
56,843
15,613

),343,O0O

31,349
11,485
52,716
12,930

254,034
69,086
317,387
91,767

8,393
5,618
8,316
4,909,600
428,972
77,858
363,030
123,817

3,295

6,232

23,501

32,806

ga r— K e fl n e d and
2,891
cwt.
1.405
candy
yds.
680.200 1,486,200
Woolen fabrics
yds. 1,733,600 1,100,900
Worsted fabrics

31,834

37,991
6,033,200
6,836,100

'.;:ieu i^iacu t'oodi..y.ls.

SeedoU

galls.

tons.
Salt
Silk bro.id8tuflS....yds.
Spii its— Biiti.'h... galls.

7'^

1,606

Stationery, other than
p.ilier

S

&

11

,631,700
,531,800

market has been dull during the week. The price Carpets, not being
1,505,100
232,400
1,250,000
yds.
rugs
239,400
51Md. and of Mexican dollars 50 9-16d. per ounce.
The number of failures in England and Wales gazetted during
The following return shows the extent of the exports of
the week ending Saturday, September 2, was 169, against 190 British and Irish produce and manufactures, and of colonial
in the corresponding week of last year, showing a decrease of and foreign wool, to the United States during the month of
21, being a net decrease in 1882 to date of 679. The number August and during the eight months ended August 31, com*
of bills of sale published in England and Wales for the week pared with the preceding year:
silver

of fine bars

is

Skptkmbkr

THE CHRONICLE.

30, 1883.

In Auoutl.
1882.
1881.

.

OWt.

Alkali

£

Appurol and slops

BaK8 and sacks
Beerand ale

doz.
bbls.

Cotton piece goods.. yds.
Eartlicnw.A porcelain. £
Haberdaslicrr and millinery

262,103
8.308
67,471
1.165
5,211,400
81,323

a.

Hardware Acutlery..*
Iron— PIk

tons.
Bar. &o
tons.
Railroad
tons.
Hoops, Bliccts,boller St,
armor plates... tons.
Tin platts
tons.
Castor wroiiKlit,. tons.

58,389
88,986

943

1,477
13,385

516

8,872
11,719
lbs.
592,700
Juteyai-n
Jute plico goods... yds. 8,988,200

50

tons.

Linen piece goods. -yds. 8,739,300

Machinery— Steam

£

14.753

770
154

Salt
tons.
Silk broadstuffs
y<l8.
Other articles of silk

20,731
24,646
12,406

yds.

17.198
46,868

3,711
2,692
166.193

5.751
6,030
141.831

210,734

322.110

11,112

59,113

65,064

Mixed with other ma-

a

171,664
15.981
94,701
46,013
54,012
12,757
955
5.116
9,565
5,836
Wool— Britlsb
lbs.
2.958,100
277,700
3,520,800
529.S00
Colonial & foreign. lbs. 2,599.395 1.280,649 10,846,389 13,627.707
Woolen fabrics
yds.
596.700 1.039.100
3.065.700
4,978.000
Worsted fabrics-. ..yds. 3,652.C00 3.733.100 18.878.500 23,184,500
Carpets, not being
rugs
yds.
127.200
132.200
857.000
958.100

BnKll*lt

narHet Keports— Per Cable.

The

daily closing quotations for securities, &c., at London,
and for breadstuHCs and provisions at Liverpool, are reported
by cable as follows for the week ending September 29:

London.

Sat.

per oz
d.
Consols for money
Consols for account
Fr'ch rentes (in Paris) fr.
U. 8. 5s ext'n'd Into 3i2S
n. 8. msof 1891
D. 8. 48 of 1907
Erie, common stock
Silver,

CentnU

Philadelphia & Reading. 3219
New York Central
139
Liverpool.

Sat.
s.

"

.

145
06i8
3318
140»4

Mon.

d.

».

9

12

Flour (ex. State.. 100 lb. 12
"
Wheat, No. l,wh.
"
Spring, No. 2...
9
"
Cal. white
Oom, mix.. West. "
Pork, West. mess. ^ bbl.
Bacon, long clear, new.
Beef, pr. mess. new,<|^to.
Lard, prime West. ^ ewt.
Cheese. Am. choice, new

Mon.

51% 51 •'8
1001,8 looia
1003,« lOOM
81 '92
32-12
102^8
I02^t
11538
11538
I2ISI1
12111
4138
43^
114
65 '8

Pennsylvania

Winter, West., n

8

4

9 3
6 10

98
72
91
(12

55

G

9
8
9
6
97
72

d.

d

Tue».

51 T8
10038

51I3i6 511-316
51i-''ia
100i«
100 ifl
10014
lOOH 100 14
81-82ia
91-77»a 81-95

82-10
102 Si
II514
12158

3

9

91
63
53

102%

102%

102%

11538
1211s

11538
I2II9

11538
12113

iim

43%

43-'3

II313
OS's

6618

144
63 ^8

32%

32%

3238

143
65 13
32 14

13 3»

13''8

1395,« XI37I3I3714
Tues.

Wed.

137

Thurg.

f.

d.

».

tt.

>.

d.

12

6

12
9
9

6

12

6

1

9
9

3

8

3

8

» 2
6 9
97 (>
72
92
63 6
35 6

9
6

9

97
72
90
63
55

6

8

9

2

6 8I2
97
72
90
90
63
03 O
53 6 53 6

Samuel N. Wolbacli, President; I'has. F. Bentley, Cashier.
2,780— The First National Bank of Wahoo, Neb.
Capital, $50,000.

Henry Anderson, President; Peter Anderson, Cashier.
2,781—The Second National Bank of Altooua, Ph. Capital, $100,000.
John P. Levaii, President; Harry A. Gardner, Cashier.
2,782-The Kansas National Bank of Wichita, Kansas. Capital, $50,000.
lliram W. Lewis. President; Albert A, Hyde, Cashier.
2,783—The First National Bank of Scuttle, Washinston Tcr. Capital,
$150,000. Geo. W. Han-is, Prc.-^ldcnt W. L Wadleigh, Cashier.
2,781—The Fourth National Bank of Louisville, Ky. Capital. $300,000.
;

Warren, President; Charles Warren, Cashier.

—

Imports and Exports for thb Wbbk. The imports of last
week, compared with those of the preceding week, show
adecrease in dry goods and an increase in general merchandise.
The total imports were !f!10,203,306, against $9,813,573 the preceding week and ^10,214,834 two weeks previous. The exports
for the week ended Sept. 26 amounted "to $3,233,264, against
17,161,211 last week and 16.660,613 two weeks previous. The
following are the imports at New York for the week ending
(for dry goods) Sept. 21, and for the week ending (for general
merchandi.se) Sept. 22; also totals since the beginning of first

January
FOREION IMPORTS AT NliW TORK.

For Week.

Dry goods
Gen'lmer'dlse..
Total
Since Jan.

1879.

1880.

1881.

$2,155,488

$2,309,767
5,191,012

»3, 129.781
7,8-23.611

$2,934,338
7,263,968

$10,958,395

$10,203,308

5.7lL),830

$7,896,318

$7,503,779

Dry goods

t6:1,812.588

QeuTmor'dlse..

165,873,702

$99,095,637
267,181,116

1881.

1882.

$8,953,660
275,788,539

$9,131,409
292,411,914

»8 283,264
239,672,527

Total 38 weeks .^247,444,312 i301,513.323 1284,742,199 $247,035,791

The following table shows the exports and imports of specie
at the port of New ¥ork for the week ending Sept. 23, and
since Jan. 1. 1382
:

MBW

E.XPORTS AND IXPOR-TS 0» SPSOIB AT

TORK.
Imports.

Bxportt.

Qoid
Week.

Great Britain
France

Week.

Since Jan.l.

Since Jan.l.

$500

8106,493

83,160
6.088

12,847

237.156

3,606

259,859
97,419
286.849
30,247

$24,250 $29,623,892

401
232

2,326,1.50

Germany
West Indies
Mexico
South America
All other countries

1.297,691

T»tal 1882
Total 1881
Total 1880

$24,250 $33,774,134
14.700
390.046
22,121
2,151,023

$16,347
39.3,314

4,478.665

$781,505
43,234,221
27,001,689

Silver.

Great Britain
France

$7,157,937
933,950
216,500
9,430

$

West Indies
Mexico
South America
All otber coim tries
Total 1882
Total 1881
Total 1880

926,279

9

1,027

128,004
888,380
737,371
100,359
26,993

"i'eo

i'634

813,655

2,696
2,100

$1,634
115.566
49.010

$9,136,472
7,876.921
3,663,850

$4,936
20.335
67,531

$1,911,413
2,173 022
3,879,131

Of the above imports for the week in 1882, $10,094 were
American gold coin and $2,856 American silver coin.

OITIDBNDS:
rbefollowln<2 dividends bare reoently been auaouuoed:

Ifame of Company.

1882.

1.

Per

When

cent.

Payable.

Book! Olotat.
(Days ineltttite.)

Kailroads.

& N. Bed. prcf.. $3 50
Atlantic prcf
4
Atlantic com
3
Cumberland Valley (quar.)
21a
Chicago U. I. <fe Pac. (quar.)
$1 75
212
Danbur.y & Norwiflk
Del. Lack. <fe West, (quar.)
2
Lake Shore & Mich, 80. (quar.). ..
2
Best. Clin. Fitch.

Oct.

Camden
Camden

Nov.
Nov.

<fe

Sc

Ft W.

&

"

;

in

Pre V. reported..

Pitts.

2
2

:

week

1880.

$8,126,960
239,317,332

Thtirs.

100:ti«

100 >«

9
4

Wtd.

N.\Ti0NAL Basks.— The following national banks have lately
been organized
2,777— The First National Bank of Newton, Kansas. Authorized capital. $50.tOO.
L. Lehman, President A. B. Gilbert, Cashier.
2,778—The First National Bank of Schuyler. Neb. Capital, ^30,000.
Thomas Brj-ant, President; Morris Palmer. Cashier.
2.779— The First National Bank of Grand Island. Neb. C:iplta', $50,000.

C. N.

Porthe week...

18.411
12.174

terliUs
Spirits- Britl8h...galls.
Tin— Unwrought ...ewt.

SEW TORK FOR TUB WEEK.

1879.

75.425
353,666

47,203
252,829

4,820
51,470

616
679

niinois

EXPORTS FROM

13.'..403

21,063
23,782
148,071
113,512
4,557
4,220
442
59,461
61,581
4,916
71,814
112.823
8,476
3,742,600
2,498,200
561,800
5,744,700 63,767,500 57,094,100
425
347
10
10,242,200 56,098,100 67,185,600

ewt.
ewt.

only

363,244
346,002
341,780

5.249
20,709

10.042
18,715

Otherkinrts
«
Paper— Writing or printing

18,46ii

55,781,800
571,275

In our report of the dry goods trade will be foand the imports
of dry gooa» for one week later.
The following: is a statement of the exports (exclusive of
specie) from the port of New York to foreign ports for the
week ending September 26, and from Jaaaary 1 to date

en-

gines

Otber kinds

.

1882.
2,155,957
31,561
487,156

295,670
320,955
265,987
8.304
216,175

67, "^09

29.631
7,058
10,641

In Eight ilonlhi.

'

1881.

44.410
44,963
4S,246

Old torreniannft.tons.
Steel— Unwrought-tons.

Lead— Pig, &o

.

2,013,161
284.372
40,979
8,652
693.920
31.413
14.219
2.040
5,312,700 48,563,300
579.671
84,131

365

Chic, (quar.)
"
special (quar.).

Ranhs.
Gallatin National

1%
1%

14
15 Sept. 22 to
16 Sept. 22 to

Oct.

Nov.
Oct

Oct.
Sept.

Oct.

Oct.
Oct.

Nov.

1 to Oct. 25
26 to Oct. 3
5 to Oct. 20
3 to Nov. 5

Oct.
Oct.
Oct.

10 Sept. 28 to Oct. 9

—

The Treasury Department has issued,
Call for Bonds.
under date of Sept. 23, tlie one hundred and seventeenth call
for bonds, embracing $35,000,000 of continued fives, on which
interest will cease Dec. 33, 1883, as follows;
$30— No.
851 to No. 1.592, both InoluMve.
100— No. 7,101 to No. 13,222, both Inclusive.
500— No. 3.501 to No. 5,9'23, both inclusive.
1.000— No. Il,.i0l to No. 20,700. both Inclusive.
5,000— No. 4,125 to No. 5,776, both incluslvo.
10.000— No. 13.801 to No. 18.40-.!. both inoluslTO.
20.000-No. 1,8-20 to No. 2.241. bolh Incluslvo.
50,000— No. 5,251 to No. 6,033, both Incluslvo.
Total
$25,000,000
The bonds described above arc those last datod and numbered, aa
rctjHired by Section 3 of the Act of July 11, 1870. M.any of the bonds
originally included In the above numbers have been trausfHrred or
exchanged and caLcelcd, leaving outstanding the amount above stated.

—

Auction Sales. The following were
Messrs. Adrian H. Muller & Son:
Shares.

sold

at auotioa

by

Shares.

30 Amer. Exch. Nat. Bank...l31>a 15 Houston Street & Pavonia
17 Bank of North America.. .103
Ferry RR. Co
93
50 Nassiiu Gas-Llgbt (Bklyn.) 56
48 Qt. Western M.arino Ins.
60
N.Y. Transfer (Dodd's Ex.) 50
23StarFlro Ins. Co
73-75'a

—

^The attentinn of our readers is called to the fact that,
under the terms of an advertisement which appears in our
advertising columns from the purchasing committee of the
Columbus Chicago & Indiana Central Railroad, this is the
last day on whieli signatures will be received to the reorgani-

zation agreement.

—

The active and favorably-known house of Q-roesbeck &
Schley has removed to a handsome suite of offices on the ground
floor of 26 Bread Street, where their friends and customers will
receive prompt attention in the execution of all orders for the
purchase or sale of stocks.
The card of the Southern Land immigration & Improvement Co. is published in to-day's Chroniclb. This company
offers millions of a^res of farming and grazing lands, also
mining sites, orange groves, &c., in all parts of the South, in

—

lots to suit purchasers.

$85,362,361 $102,308,133
236,390,700 269,968,092

Total 38 weeks $225,686,290 $366,277,083 $321,753,570 $372,476,547

— Messrs. Miller, Francis
to large and
floor of the Mills building,

just

removed

& Co., bankers and brokers, hare
ccmmodions offices on the ground
No. 35 Wall Street.

THE (CHRONICLE.

366

Sept.

NEW YORK, FllIUAV, SEPT. 29. lSSa-3 P. M.
The Money Market and Financial Situation.— The stringency ia rates tor money lias attracted more than the usual
attention this week on account of the direct bearing it had
upon the stock market, and also upon mercantile operations in
the greater difBculty experienced in negotiating commercial
paper. It has often happened in the past few years that call
loans to stock borrowers have been decidedly close and ruling
for some days at high rates wlien the market for really prime
commercial paper was scarcely affected, but at the present time
circumstances are somewhat different, and commercial paper
sympathizes more closely with the call loan market, or with
find a reason
the rate for time loans on stock collaterals.
for tlxis in the fact that banks have been lending more and
more to borrowers on stock and bond collaterals, and now
under the present l.aw tliey are at liberty to accept the highest
rates going on call loans in sums of $5,000 and upward,
so that there is little inducement for them to discount notes
of two to four months, if they can keep their funds in liand
and use them more profitably by lending subject to call. Then
the failure of Mr. Alonzo Follett, with its attendant complications, created an unpleasant feeling for the moment, which
had a certain influenee on tlie paper market. At such a period
it is obvious that the class of paper well known as strictly prime
is less disturbed than anything of lower grade; and so this
week, wliile really choice first-class paper has been quoted at
7 per cent, other grades and single names have been up to 8,
9 and 10 per cent, and this has perhaps given an impression
of greater difficulty among merchants in getting accommoda-

We

than really existed.
In the stock market, aside from the reports about the bullish
or bearish tendencies of leading operators, the main talk has
been in regard to the money market, and what the Government would probably do to keep money easy. The Secretary's
offer to pay called bonds without rebate of interest does not
furnish speedy relief; and recently it has been quite generally
supposed that some arrangement would be made for depositing Government receipts with some of the national banks
designated as depositories, with government bonds taken as
security. This, if done in a rational way, would place the
Government more nearly in its true and proper attitude
towards the money market, where it would neither act as a
great absorbent of funds that ought to be in circulation, nor,
on the other liand, come down at intervals and throw out its
five, ten or twenty millioHS of money at times when it was
least expected and least needed.
In the call loan market rates have been very irregular, and
jumped about from day to day and from hour to hour, according to the demand at the moment. The lowest rate fairly
quotable on stock collaterals li:is been 7 per cent, and from
that the range went as high as 20 per cent, on Tuesday, and in
some cases the old method has been adopted of lending at 6
per cent plus a commission, which went as high as J^ per cent
a day. The past few days, however, tlie rvijing rate to stockbrokers has been 7@8 per cent, and on government bond
collateral 5@6 per cent.
Strictly prime commercial paper is
quoted at 7 per cent, while paper not quite so good is quoted
at 7>^@9 per cent.
Tlie Bank of England on Thursday showed a gain for the
tion,

•week of £245,000 in specie, and the ijercentage of reserve to liabilities was 391^, against 39% last week; the discount rate
remains at 5 per cent. The Bank of ITrance lost 5,775,000
francs gold and 500,000 francs silver.
The New York City Cleai-ing-House banks in their statement
of Sept. 23 sli.owed an increase of ^1,259,850 in the deficiency of
reserve, the total deficiency being $2,271,825, against f 1,011, 975

on

Sept. 10.
1883.

fr'm
previous week.

Differ'tiees

Sept. 23.

Loans and dls. «32 3,688.600 Dec.
Specie

Het deposits
Legal tenders.
Legal reserve.
Beaerve held

21,057.000 Dec.
754,100
$74,317,325! Deo.ifl ,108.750
72.075,500 Deo. 2,368,600

B 'lrpluB

1881.
Sept. 24.

*8- 1.700 $332,672,300
64.084, 100

.Tl,018,.500Deo. 1,611,'JOO
1 8.637.100; Inc.
286,200
297,380.300 Dec. 4.435,000

Circulation...

dcf.2,271,825'Doc.$l,259,S50|

19.76.5.200

314.317,300
15,057,200

$78.579325

$73 701,725

80,041,600

78,314,800

$1,162.275

$4,643,07 5

—

and 40 i^.

In domestic

bills

New York

exchange was quoted to-day

%

as follows at the places named Savannah, buying
selling
^©hi dis.; Charleston, buying par, selling 1^ dis.; New
Orleans com., 3.50 dis.; bank, 400 dis. nom.; St. Louis, 25 dis.;
Chicago, 50 dis. Boston, 10(420 dis.
Quotations for foreign exciiange are as follows, the highest
'prices being the posted rates of leading bankers:
:

;

Paris (I'raucs)
4msterilani (Kuildors)
Frankfort or Bremen (rciehmarks)

Coins.

4 81'4«4 82
4 fcO 34 Sola
4 7!t^ai so
5 2138*5 21"s
a'3\ip

4

8.".

5j

»4

Sfii«

4 ~l>sa4 85
4 84 a4 841s

®5

5 20

17>3

40 a
95ie®

40

oivaoi's

4038

95%

—The following are quotations in gold for various coins
$4 32
84
74
96
55

Sovereigns

Napoleons

3
Reiclimarks. 4
Guilders
3
Spau'U Doubloons. 15

X
X

Demand,

Sixty Days.

X

®$4 86

a
®
a

3 88

4 78
4 00
®15 70
Mox. Doubloons. .15 4.5 ®15 65
Pine silver bars -.1 1313^ 1 14
Fine sold bars
Dli^?t & >« dimes.

—

paraHprem.

Silver I4S

and "as.—

—
Do uuccimmorc'l. —

Five francs

Mexican
English

dollars..

—

99%9
93

4 77

.silver

—

par.

«—

88 13a
87 a

®

95

— 80 14
— 38%
4 85

Prus. silv. thalers.
68 •9—70
U. S. trade dollars— 9914a
99%
U. S. silvei-dollar»— 9i)%a par

—

99=83 par

—

United States Bonds. The transactions in government
bonds have presented, no special features of interest beyond
Secretary Folger
the moderate fluctuations from day to day.
on Tuesday ordered the payment, without rebate of interest,
of any of the outstanding called bonds, to the amount of not
over .$5,000,000 per week, until otherwise directed; but only
about $3,400,000 of bonds have been presented in tlie jjast
three days. The Treasurer has issued another call for bonds,
which we print on the preceding page."
Tlie closing prices at the N. Y. Board have been as follows:
Interest

Periods.
6s, contlnnert at 313.. J.
•5s,

&

1891

is, 1907
4s, 1907
68, cur'cy,

68,cur'cy,
6s, cur'cy,
6s, cur'cy,
Bs.our'oT.

Sept.
26.

Sept.
25.

Sept.
28.

Sept.

27

Sept.

29

J.

continued at 3I2.. CJ.-Feb.
rag. Q.-Mar.
1891

4ia8,
4»«8.

Sept.
23.

10058 "lOliSs loo's 'K.Ola
11278 *112''8 •112''8 "11258, 112'8l 112%
113 11278 '11278 niCSs '11258 112%
n8%|*U8l2 118% 'II8I0
119
reg. IcJ.-Jan.
coup IQ.-Jan. 120 "1197b 119% no's; n9«8 1191a
130
130 "130
130
& J. 'i:io 130
1895.. reg.
& J. 130 130
130 •13012 130
1301a
j896..reK.
& J. 130 131 130 •131 '131 131
1897.. reg.
132 '131 12
& J. •130 132 130
1898.. reg.
133 '132
130 *132
* .1. •130 133
1839. .rcK.
I00!ltl*10058

coup. IQ.-Mar.

I

1

price bid at the moruing board no sale was made.
State and Railroad Bonds.— The Tennessee Funding Board
leaves New York to-day and discontinues for the present their
operations in this city, after funding about .^10,000,000 of
old bonds into the new compromise issue. If the State of
Tennessee should elect a Governor and Legislature in November favorable to the present law, the funding would probably
be much more rapid. The compromise bonds sold at OOJ^ ;
Arkansas bonds, L. R. P. B. & N. O., sold at 29.
Railroad bonds have generally held their own pretty well
against the depression in the stock market, and the conclusion
is naturally drawn that the bonds are strongly held and less
carried on speculation than formerly.
In view of the rapid construction of new railroads and the
temporary closeness of the money market, there is some interest attaching to the prices of new railroad bonds, and in
some of these there is an opportunity to make profitable investments, if the success of the enterprises is considered well
* Tills ia tlie

;

Some of these prices are as follows
Denver <t Rio Grande West. 1st mtge. 68 gold, 1911
Mexican Central l8t mtge. 7s, 1911
Mexican National l9t mtge. Os, gold, 1911
New York Chicago & St. Louis Ist rotge. 68, 19il
N. Y. West Shore & Buffalo (exJan.cp.) Ist m. 58, gold, 1931.

assured.

;

Northern Paciflc Ist mtge. 6s, gold, 19'J1
PecsacolaA Atlantic Ist mtge. Gs, 1921
Tol. Cin. <feSt. Louis istmtge. 6s, gold, 1921.
Texas & Si. Louis in Texas Istmtge. 68, gold, 1910

70<«
77ia

63
S2
59I2
103ia
SOis-SSOSs

65
SO

S68I3
3>

Railroad and Miscellaneous Stocks.— The stock market
has been feverish and irregular throughout, closing to-day
with many stocks at or near the lowest figures made this
week. The main cause for this sensitiveness is to be found in

money market, which is certainly working
very closely from natural causes, althougli the scarcity of
money may be aggravated at times by the manipulation of
parties wishing to depress stocks. At all events, it is known
IP 80.
that the demand for money is large, and at the opening of
Sept. 25.
October, when cotton and grain should both begin to move
$310,204,030 freely, it is hardly expected that any return of funds should
65,147,600
and South; and hence the Sec18,882,500 soon take place from the West
291, 80^,900 retary of the Treasury is looked to for relief by placing the
13,197,200 Government receipts in banks secured by the deposit of gov-

Exchange. Fbreign exchange is weaker in consequence of
the large supply of bankers' bills and also the increase in
commercial exchange from cotton shipments. Messrs. Seligman have recently negotiated about $5,000,000 on account of
payments due for Panama Raih-oad stock, and there have
possibly been otiier transactions against loans abroad or
against the sale of stocks in London. To-day the actual rates
for prime bankers' 60 days sterling were 4 81@4 SIJ^ and for
demand 4 85J^@4 86'^, with cable transfers 4 86i^@4 87'^.
For Continental bills tlie actual rates are as follows: Francs
5 23?X and 5 19?^; marks 94,3^(3941^ and 953^@95>^; and guilders ayjg

29

Prime bankers' sterling bills ou London.
Prime commercial
Documentary commercial

^p Sividenas will be found on preceding jmge.

XXXV.

[Vol.

the condition of the

ernment bonds.
It usually happens that when there

is any tendency to weakness in the stock market, this inclination is increased and hurried on by a break in one or more of the weaker specialties,
and so it has been this week. The failure to declare any dividend on Michigan Central, or anything immediately payable
on Oregon Trans-Continental, knocked off tho.se stocks, and
Nashville yesterday and
then a sharp decline in Louisville
to-day had rather a depressing effect, while the final dealings
were weakened by the decline in Delaware Lackawanna
Western to I4II4. The directors of this company met to-day
and declared the quarterly dividend of 2 per cent, payable
October 21. They also voted to lease tlie new road to
Buffalo, known as the New York Lackawanna and Western,
paying 5 per cent on the |10,000,000 stock of the company,
and guaranteeing the interest on the $13,000,000 bonds. As
tlie road is not yet open for business, and must wait some time
for net earnings, it is e ^ident that the guarantee of 4 per cent
W.,
on the stock may prove to be unprofitalile for the D. L.
tliougli highly profitable to the holders of the guaranteed stock.
There has been less talk of the bearish influence of Sir.
Gould, and some allege that he lias been a purchaser in the recent decline.

&

&

&

Seftkmbee

KANGB

THE CHRONICLE.

30, 1883.1

IN PRICES

AT THE

N. Y.

387

STOCK BXCHANQB FOR THE WEEK, AND SINCE JAN.

For
1882. Year Fnll
1881

DAILY HIGHEST AND LOWKST PRICKS.
STOCKS.
Siitnrdav.
Bept. 2i.

KAII.IMIAU!!.
AUogany Contral

SI"*

AU-hiBou Toiiohftkt Santa Pe.
BoHlun ili N. V. Alr-Llin", prBt
BniUuiftoii Cellar

Canada Soutlieni

A

C'eclar Falla

MlDllftSotft

—

<& Oliio

Ipt pret
2* pret..

i)o

Do

Chicago <ft Alton
Chicago liiirllngtnn
Chicago Mllnaukee

A

Clulney.

A

Northwestern

Do

pre!.

Chicago Kock TbI. A PaciHc...
Chicago «t. L. & Sew Orleans
Chicago St. Paol Minn. <fe Oni.

Do

pret
Clev..

Clnclnmitl Sanilnskv *
Clevelaml Ool. Ciii. A Iinl
Clcvelanil A PUlnlmrR guar..

Columbia

A

Colunibua

Clilc.

A

A

A

ItaslTeiiiiesuee Va.

Do

654 67

31 1« 34 4
79=9 80's
021.J 93
21«8 25
38:"i 39

84 14

;M4

79=4

81

33=4
78=4

•ZOSl

27

394

38=4

U8

146=4

108

lti8

lli7

liH't 137

U 136

80

81)

5214

SS-H

.S9>4

1U18 112
5U

60

4

133

'63^

5(5

bli

84

84

60

61=4

104 104

874

pret

Ohio Central
iilisslssippi

89

4

73

49

116

41
117

71»8y3';

73:.

514

50

39

40

35

4 354

phuaiteiiihia

109
138

63=4

I'.oailiug

A West Point

KocUestor A Pillsburg
Koine Watertt>wn A Ogiiensb.
Bt. LouisAltou A Torre Haute
Francisco

A

pref . ..
1st pret.

22

Paul

Paul Minneap.

Do
Texas

A

Pacillc

51
97

American

District Telegraph

Jt

Putliuaii Palace

Car

West. I! inon
fiutro

.>av.

82

4140

10
17
81

104
174

17

17

80

80 4

17

10
145=4

82

94 104

89

89

90
84

90
84

28

63
72 4

70

62=4

62=4

714 724
60

10

10

..834

63

139
43

834
454

139=4

113 4116 4
63
63

63
71 'i

66=8

"19

094

604

50

604

49
"I'ii'

39
93
10
17

48
48
87 4 88

68=4

1434

10
•16

"22

•20

68=1
87 4
102 's

"344

58 4

36

36

99 4100 4
55
53
3i=4 33

!I9

100
55

581,

•86

53

324

724 72=4 724
74
37 «» 38=4
38=4 394
374
38=4 39
1074 108 4 107 108 -v 107 10."'- 107
21=4
21=4 22
126
126 120
57
59
01
59
594 Ol-i 58
133 133=- 13341344 133 13J4 133 4
14 's 15 4
15
15
15=9
154
32 4
32=4 33
32=4 334
32=4 33
103
10 J 110
104 104
42
424 42 4 42 't 42 4 42=8 42=8
*80
8u4
87
87
80=4 86=4 •S'J
.'>6
50
180 ....
27 4 27
274 27=4 27 8 28

H4

504

174 184
394 89 '9

OS's
17 4

38

51
96=4
18

4 38 4

214 214
58
5m=4
494 314
944 07 4
174 184
38=4

39

37=4
48=4

04

4

17 ii
33=4

584
49

32=4

73
38
108

64=4

5S4
134
13
32=4

110
42=4

87
184
27 4

atj 4 58
494 50
94
904
17'-j
17 4

^8

95=8
17=4
3j',

'i

38=9 39

9S=4

96

97

92 4 97 4

90 Ji 934

914

34

35

344 334

si" "si"

63=4

62-4

34 4 344
62 4 62 4

4

024

64 4
204 204

4'2

4

624 624

6.i4

1004

162=4

15

1104112=4 111=9113

43
62

160

161
50 1{

110=4 111=4

374 38J6
684 694

364 37 's'
674 68=4|

•12

46

24

86

S'i

'9

42 4
424
00
60 4
614 614 00
•994 100
lOJ
994 994 •99 4101

•40

494

51
15

47
89

35=4

37

67

4 684

44

444

35
94

33

161=8

139
47

6t'(

23=4

4160
100

'

35
94
160

92'e

204 204
11141:2
60 4 61

264 264

26=8

45
89
•40
61
IOOI4

624

1124113=4 1124113
111=4 112-4
116
62 14 614 61=4
61=4 624
004 61 -"4
23 '4 25 4 24=4 23 'a
214 •!'•

113
62

614 62
25 4

454i
115'»l 115=8 115 '8
26=,;
26
264

4
1614163

Co

130
88 'a 90
140
94

American
United states
Wells, Fargo A Co

•68
•129

>IININU.

16241634
45
434

45=4

»B

KXl'KESB.

33

4

92

4 10U4 158
43
'8 4J4

9-'

159',

48
494 50 4
1104112
110^1114 11141114
36 %
67=8

374
68 4

44

41

'i

334

36-4

33=4

36-4

67

B8

67

4

67 '9

114=8 115
25 4 25 4
101
102

444 444

1304 l.W 4 130
89

;

=s'

90'^

%

140 140
914' 93
•68
71
•129
131
I

I

4
142
95
72
131

88^

434 44
113

113',

25 4 23 4
254 234
158 158=4'
1604 101

Homestaku Mining

142

•65

72
130

954

45

43

23

25

444 44 4'

141=4 141=4 141

03 4 954 98
•69
•68
72
129 'e 130 •129

141
90
72
130

'140

142

06

98
70
130

•68
'129

•32
18=4

184 184

Uttle Pittsburg .%finlng
Manposa Land A Mining
Maryland Coal
Ontario silver Mining
Pennsylvania Cnal
Quicksilver Mining

113\1144

43 's 444
130
130
129=4 129=4 128=4 128=4 *129
894 HS-'i 89^ 884 89 41 884 88 '8

139
94
129

11341134

Consolidation Coal

Central Arizona Mining

',]

Mlnitig
Kxcelslor Minin^'
New Central Coal
Boljinson Mining
Silver CHIT Mining

74

Jnne 5

88

Feb. 23
9
18

194 Mar.
274 Apr.

68
8
47
76

•18

"

22

•18

85 134
688 90
10 70
123

84

8

Fell.

22

was made at the Board.

t

Ez-yrlTllege.

21

1

May

23
127

36',
156

1334 1824
1014 1294
116>4 140

117
136
131 >) 117>i
29
I18S

40

8i4Sentl4 64

12

Feb. 15 16 Jan. 18
Feb. 8
Sept. 4 110
Mar. 2 111 4 Jan. 9

8S

44=,

61

350

31
67
35
39%, 1164

7

190

624
151

94
'9

24

May

53
19 1494 Jan. 10 120
Feb. 18 974 Feb. 35 62=6 98
June 8 80 4 Jan. 28 614 79
143
Feb. 34 132 Bept 6 112

36''b Jan.
19=4 Feb.
8
2 4 Mar.
6
2 4J:'.n.
13 May 2 26 Jan.
83 Jan. 10 40 Ang.
240 Jan. 17 245 Jan.
84Jane21 14 4 Jan.
454 Sept 7 624 Jan.

Seiit.28

19=4Soptl8
4 Aug. 12
Jan.

4 Jan.

6
17

134 May 20
1

sale

Miir.

38 Mnr. 14
ISSsJan. 17

1

and asked— no

Illy

[

2

MinliiL'

Tlie^e are the prices bid

J

31 Jan. 28 69
Foii. 1
1,200 38 Mar. 13 53', Mar. 30
9.900 il02=4 Mar. 13 119 '4 Au?. 15
1,5:10
23 Sept.29i .304 Aug. 17
4.050 1'28 Jao. 31, 103 4 Sept23
2,200 37
Apr. 24i 48 '4 July 11
790 117 June S'U.'i Jan. 18
115.782
704 Mar. Ill 93=9Septl5
=8 May 17
1
3,300
Jan. 3

5
]]
"

60
90
40 If

30

374 Jan. 4 31
4fi
974 Feb. 20 82 4 112
97 4 July 28 804 lOf,
27 July 22 20 =< 33't
414Beptl5 32=, 481;

U

SOO
100

21

18

Peh. 18

July 19

1

18=4

74
'

711*

91
131
61
Mar. 11 92 4 July 25 83 108
10,000 127=4 Jan. 4 1434 Sept 11 124
1464
2,900 36 Mar. 8 49 4 Sept 15 384 574
12 June 17 19»BJuly23 14
304
3,100 234.1nnol2 43 July 28 32
65 >4
120,873 98 Jnne 6 20 4 Mar. 30 il2\ 135>i
1,270 494 Feb. 21 85 Sfpt 15 44
63
94,095 61 JnnelO 00=4 Jan. 3 79
1104
700 67 Juno 3 78 8opt20 50 I17>9
1,121
43 Apr. 21 604 Feb. 11 15 4 594
89 Ang. 10 Its 4 J an. 28
675 19 Sept.28 37 ilar. 30 18
59H
8 May 1 13 4 Jan. 16
24
9
230
9 4 Jan. 3
15
4 Apr. 11
6
8,300 44=4 June 7 82\Jan. 18 41
93
100 81 4 July 6 92 Fell. 8 77 », 136
47,333
77 Apr. 18 05 Sept23 84', 136<«
l,4lt0
61 'a
41=4 Mar. 11 5S4 Amis, l.'i 43
8,100 19 Mar. 6 36=4 Sept. 7 23
304
8,100 89 Feb. 23 77 Sept 11 62 4 70S
53,450 28^ Mar.
424An-.J 2 34', 54
64,100 80 -'a Apr. 21 I124»eptl2 85
1144
300 12 June 6 33=4 Jan. 21 18 4 3V\
410 lig-^ Mar. 13 128 Aug. 14 118 131
10,000 32 4 J line 6 87 4 Jan. 11 83
103
40.695 123=8 May 1 l.M Aug. 4 1304 155
11,620 104 May 23 171% Aug 30
7,025 27
May 27 37 -=8 Aug. 30
6 100 May 13 094Ja'.i. 27 96
1304
135,720 33 4 June 7 43=9 Sept 12 39=4 62 »,
2,130 87
.Mar. H 87=4 8i-ptl5 804 964
100 51=4Aii.s; 24 00 4 Sept 8 60
814
45 168 Feb. 17 183 Sout23l 1611. 190
9,310 20 4 June 9 31', J lily 281 2541 43%
1,400 18 .Inly 22 21
Fell. 2Ti 234' 2iJ4
3,3'JO
70
44 4 Mar. 8 60 Sept. 1
53
52,710 28=4 Mar. » 51-18 .Stjpt.H 32=4 31
138,46-J
66=4 F.b. 23 100%Sopt.l4l 84 4 834
4,550
11-^ J line 7 25<4Jau. Ill 21
871,
3,025
60
27 Feb. 23 42 July 18 33
90=4 Mar. 9 112 Aug. 4 97=4 126
100 12 June 3 23 4 Jan. Iii' 13
374
86,032 60 Jail. 30 08=4 8ept.-23 81
83
165 July 28 201
May 9 190 200
1,200 25 June 9 39=4 July 20 274 37 ;«
80,900 61 4 Mar. 11 67 4 Jan. 71 50
7414
20 130 J line 27 139 Sept 9I 127
Hi
200 16 Mav 23! 40 Jau.
35
80
6,700 96 July 7 250 Feb. 7 99 4 171
8,200 (17
Mav 15'263 Feb. l.". 122 1744
3,712 22=4 J one 8 364M.ir. 22| 22
30
20 Jan. 3 40 July 25 22
504
1,000 204 Mar. 8 50 Sept 11 39
771,
200 55 Apr. 20 92 Jau. 16 83
I43\
33 =4 June 13 46 '8 Jan. 25 39
55
1,60,1
43 Mar. 8 BBl Jan. 2<! 53
450 79=4 Fob 21 108 4 Jan. ! r 90 1.J4
400 20 Feb. 15 39 Jul? 18 36
434
200 68 Jan. 19 96 Sept 21 70
894
7,530 l084Jau. 26 1684Sept.l2 884 113^
84,850 34^4 Mar. 9 35 July 28 414 73 S
200 104 Feb. 15 19 July 21 15
38
123,730 in64Jiinel0ill9=4 Jan. l,i 1034 131^
43 Mai. 22 62 4 Mar. 21
25,975 23-is luaelO 39', Aug. 3 334 60
51,070 43', Jane 9 71'-»Jau. 14 644 964

20
39 4

741
21

'

34<9 8«ptI6
Jane 10 95 4 Sept 4
Jan. 6 80 4 Bept 9 45
JnnelO 85 4 Feb. 2 69
Fell. 23 084 8ept27
50

04=4

68

900
100
200
643
300

86

Deadwood

SIcb

29=4 Feb. 23 .^54 Aug. 30 .334 51
97 4 Fob. 24 114=8 Aug. 19 91
1094
9110
44 Mar. 9 59 July 15 414 884
1,430 65 4 June 7 92=4 July 2
81
lomt
July 27 127 4 143
13,)
Jan. 7 40
Feb. 2 82
61 Jnne29 101
95 >•
14,078
I'sJan. 7 18=4 33',
6 June 7
199,800 1164 Ajir. 24 1504 8oiitl2 107
31
138,480 62<4Mar.I4 74 S Jan. 20 66
1134
82 Apr. 15 96 4 Aug. 3 76
83
6;7o6
8 Juno 12 16 Jan. 14 13
21
1,410 134 Jnne 7 264 Jan. 18 23
33

•84 10

Cameron Coal

60
67
44
15
27

29 Sept 13
21
Mar.
1274 Mar. 11 1454 Aug. 16
tl27 July 6 141 Aug. 9
101 4 Jan. 4 1284 Sept 9
11 8=4 Apr. 14 14 1 4 Sept 8
124 Jan. 4 150=4 Heptl2
136 Apr. 10 175 Aug. 16
1254 Anr. 18 1404 Aug. 11

137
6,463
68,475
1,400
21,930
1,335
6.225
150
61.245
24,882

pref
..

•

600

f.rf>w.

27 4 Bept. 8
84=4

14Jaue
14 June

•18
39 4

Btandard Consol. Mining

B nrmont

'<

21=j

126

"ae'l "ai'^l
63=4 65

974

115

113

44=4

Tel., ex-certite's..

Do

I

13941404 1384 139\
48=4 47=4
46
464 474 46
394 39=4 39 4 40
39
394
II54II64 11541104 11541161s
63
70^8

94

8
140=4
60'e
"90

l^'''

139 4139=i

204 204

44=4

COAL AND

634 33 4

82
138

19

115
26

Tunnel

Adams

ui 1114

.

Colorado Coal A iron
Beiaware A Uutlson canal
Mutual Union Telegraph

Oregon itaiiwaj
PaclUc JIail

4

"6i^'^"8'2=i

4

4

964 954

I>li»(lKI.I.ANK<)(l!S.

64

50'e 5l=,
110=4 lll'<

104 104

35 '4 3514

A

52=9

1114

04
I'll 4
584 594!

9

1324
109^
1214
1404

6''

62
99

Manitoba 158 160
161
49 =» 50 's 50

Bariiugtou .
I'oiedo Delplios
Union Paoilic
Vir^'inia Midland
Wauash R>t. L.uuis A Pa^tihc ...
Do
pret.

544

26

HO

105 1834 164 4 165
1364 133 4 1304 133 1354
•80
82

82=4 83
13>J4 140

50

214 2l>,
684 59

pret

A

110=4

123
147

140

=

106-Vi

204 204 2'l"

22

27=8

Duluth

Bt.
et.

20=4

91=4
2»=,

27
140

60''9

9=4

60

pret.

A i^ian

Do
Do

27

78

131=4 1324 131=4
108=4 100=4 108''8
124 4 124=8 124
1454 1464 143!^

69

9
69

PHtsbuig

Do

394 304

133=(
110',

60

64

98 14

Ft. Wayne A Chic...
Kicli.A AlleKh..>>t'ck truslolts.
Ki<:hnionti A Danville

92
92=4
24 4 24 4
38=4 39
•264 27 4

60
594 60
584 69
58
87 4 •36
87 4
1034105
lOS^^lOl's 101=j103'4 100
55
55 4
554 65
544 554
.S3 4 34 14
32 'a 33-18 "33"
33^9 34=4
73
73^8 744
73
724 72 '9 734

19
97

Louis

80

520
103
110

784
624
28
384 384

784 80

59=4
•85

Traus-Conliueutal..

bt.

89,512

8,300
33.843
22.007
2,400
1,4 30

"bo's

33 "9 33 1\,
77
78=4
91 1^ 924
25
25

1414 140

•884

204 204

Trust Co. (.-ertil'.cates
Peoria Decatur dE EvansviU«..

Bicliiuonil

31

68,780

132 4
109 4
124 4
146
160
136
•80

PunuiiiH.

A

2S>.

«64 60 »i

'140

llci's

70

74

50

piel

Ohio Southern

A

80
"ei'i

10=4

140=,

404

58

Northern Paclflc

Oroffon

29

78

514 '524 514

324 8J4

4 594
604 51=4
96 's 98 "s
174 18'^

pret

Do

31

78

14U

11041114
55
55 4
82 4 82 4

17

Kew Y'ork A New Euglund
Kew VorK New llaveu.w. Hart. im" i'ss
New Yora Ontario AWeetorn. 27=8 28
2II4 214
Norfolk A Western

A

30

145141474 143=8 145 4 143

391* 40=4
Missouri Kansas A Texas
S«4 40^8
107 '4 109=4 1074110
Missuuri PACitlc
Mobile A Ohio
23
23
Morris A Essex
Nashville Chattanooga A 8t. L.
004 62 '4
New York central A If utlson . 133=4 134»s 1334134=8
Kew York Chiw. A ^t, Louis... 15 '4 15 4 15 15 4
33 '4 34
pret.
Do
33=4 344
•105 110
105 110
New York Elevated
42=8 43'4
New York Lake Erie A West. 42 '4 43
Do
pref.
86
87
87
874

Ohio

304 314
934 03 4
784

I33I4

124 4124 4
14541464
'166

84 104

III4
lil'^

pref.

pret..

38=4

84

•884

Meliopoiitan KlevateA
iUi^hlgiin Central
Milwaukee L. Mh.A West., pret
Miuueapolis A 8t. I.ouie

Do

Sept.

52

71=4

A Cincinnati,! st pref.

i<

'1384140

11541164
B44 64=4
Chic

84
80
92 »s
24

140
132
109

1874

Ill's II214

*874 90

Manhattan
Dl
let pret
Manhattan Beach Co..

U8

137

"i'i"

140=4 141»8 140
47=4 48=4
48

new

A Nashville
Loui.^vllle New Albany A

Do

Sept. 28.

684

Sales of Ranir* HInoe Jan. 1,
th« Week,
Bbarea.
HighnL

Friday,

Sept. 27.

00=4

*2»4 274 •2B4 27 4

"u

li/=4

Louisville

Do

92
24

14(i-l4

84

West.,

2il
Do
M'mphi3 A Charleston-

92 '4 93
25
25

140 141 14
133Hil34'4

•48

pref

Eeokuk A Dee ^^oUles
Lake Krli; A Western
Lake tihoie
Long iBlHud

Hai-ietta

BT'a

104 104
174 :74

«».
<

Hoaatou A Texas Central

A

82

06'4

64" "s

Evansril e A Terre Unite ...
oioen Bay Wlu. A bl. Paul..
Hannibal A »t. Joseph

Do

82

6d^

West 144 14 147

pret

Illinois central
ludlaim llluoio'n

82

65>4

104

Oontral

lurt.

30<^

82

834 83 4

(IreeiivUle, pret..

Delaware Lackawanna
Denver .fe Kio Uraii'le.
Dubniiuo A rtlonx City

304

Paul l()li»8U03, 1094111
125 >a 12534 125'4
pre( 125

A St.

Do
Chicago

314 83
944 944

Sept. 2B.

Wednesday, Thursitay,

-

Central Iowa
Central ul New Jersey
Central Paclftc

Chesapeake

Tuesdav,

78 4

* No.,

K».i>.

3238

Monday,
Sept 25.

1882.

1,

J ane 24
Mar. 2

4 Feb

P

16

80

4

14

27

35
20
14

43

14

394

\

IT, 36
324 384

16 240 254
14 12
214
19 33
754
10=4 Apr. 5 17% 27
45\
374 July 13 23
7
1=9 Jan. 4
1
14
6=4 Feb. 3
4
7
2'« Apr.
23 Sept. ,S ib"* 364
3
13^
4
Jau. 28
2-=4 Jan.
5
3%
1

u

y^i\.

,;

It.

THE

368

(J]

aCRON KJLJ3,

XXXV.

[Vol.

QUOTATIONS OF STATE AND RAILROAD BONDS AND MISCELLANEOUS SECURITIES.
STAXie:

AlabamaClass
Class
Class
Class

A, 3 to S, 1906. ..
A, 3 to 6, small...
B, 6s, 1906
C, 48. 1906

68, 10-20S,

A rksD Bas-

32

*t. 8. 188.

26

7s,
78,
7s,
78,
7s,

lleuu).& L.Rock KR
L. K.1'. B.& N.O. KR
Miss. O. & R. K. RR.

&

29
27
25
G
Arkansas Cent^R.
Connectlcut^Gs, 1883-4.. 103
104
Oeorjfla-Gs.lSSO
103
78, new, 1886
103
78. endorsed, 1886
114
78, Kold, 1890

36
31

13
106

U)Tt

_

.08

-a

lOSia

New bonds, J.&J.,

I

Do

Chatham

71

'92-8

South Carolina—
6s, Act Mar. 23, 1869

gold, reg., 1887..
gold, coup., 1887.

non-funrtable, 1888. !
consol'n Gs. 1893

Brown

Tennessee— Gs, old, 1892-8
63, new, 1892-8-1900...
6s,

41a
7

7
7

75

G
8
8
78

Ohlo68,

1886

1914

—

68, new, 18«6
68, new, 1867
6s, consol. bonds
6s, ex-matured coupon.
6s, consol., 2d series
68, deferred

107 >s

Small bonds
Registered

118

Funding

Rhode Island6s,

series,

6H!

102
Slia
el-a
51

60 '8
35
8S
85
82
69
60
13

District of Columbia—
3-65S, 1924

Small

Wb,

new

C'mp'mlso,3.4-5-6»,1912
Vlrgiuiiv— 68, old

15
15

A.*0

RR

Bpecial tax, class 1, '98-9
class 2
Do
class 3
Do
Consol. 4s, 1910

1883
loan, 1891
loan, 1892
68, loan, 1893

117

69
65

1914

101
107
107

New York—
6s,
68,
68,
68,
68,

30
old, J.i&J
30
A.&O
No. Carolina RB., J.&J. 150
ISO
Vo A.&O
Do C0U|). off, J.4J. 130
Do coup, off, A.&O. 130
Funding act, 1866 1900 10
18681898 10
Do
68, old,

1

Louisiana—
78, consol.,
7s, email

102
115

110
Asyl'raorUniv.,due'92 115
Funding, 1894-'95
118
Hannibal* St. Jo., '86 109
Do
do
87 109

3:

SECUBITIES.

N. Carolina—6s,
i

68,duel882orl883 ....
68, due 1886
68, duo 1887
Cb, due 1888
68, due 1889 or 1890....

81

..

funded, 18991900

Hoc*

80
97

SECUKITIES.

Ask.

Bid.

Mlchlfran—
68, 1883
78, 1890
Missouri-

82

81

100

1900

es,

L.

SKCUEITIE8.

Ask.

8£CtrRITIE8.

BONDS

coupon, 1893-99

Do
Do

6s,

1899

small
registered

62 la
601a

601a

13 la

109^

—

RAIIiROAD BONDS.
&

Del.

68,

1918
100

AUeg'y Cen.-l8t, 6s,1022
Atcli.l'.&H. Fe-4is,1020
SinkiTiglind, 6', 1911.
Atl.

& Pac— 1st, 69,

1910

<t

K.— Ist,

Susq.- Ist,

78...

78

Bnr.C.Kap.&No.- lst,53 100 14
120
A West- lst,7s 103
C.Kap. la. F.&N.— lBt,63 1U2
Iht, 58, 1921
Central lowiv— Ist, 78. '99 110
Char. Col. & Aug.— let, 78 104
Ches.A Ohio-Piir. m'y fd
6s, gold, series A, 1908,

Eliz.C.&

Mlnn.ctyt.L.— I8t,78,!tu

1st, Gs,

Eliz.

7 '2

N.— S.f.,deb.c.0s
1920
& Big S.— Gs.

Lex.

.

— 1st, extended, 78...

Erie

115
107

80

52 "a 52=4
101
120 122
103
i-j

i'li'

La. & Mo. Kiv.— Ist, 73
2d,7», 1900
St. L. Jack. & Chic— 1st
1st, guar. (5641,78, '94 115
115
2d(360), 78, 18!I8
2d, guar. (188), 7s, '98 115

1134

•91

95
99
126 14 130
2d, extended 38, 1919 .. '107 4 1084'
101
3d, 78, 1883
1084
4th, extended, 58, 1920. 103
1104
6th, 78, 1888
lstcon8., gold, 78. 1920 '1264 127

lowac.

&

Va&

G.— 1 St, 7S.1900
1st cons., 58, 1930
Divisional 53, 1930

F..T.

66

Guaranteed

6a, gold, scries B, 1908.
6si currency', 1918.
-^gage Gs,
_^. 1911.
MortgUp..
Alton— 1st, 7s
Chicago
Income 78, 1883
Sinking fund, Gs. 1903.

'

.

Balt.&0.— l8t,6s,Prk.Br. 110
Bo8t.Hartf.

<fc

2d, 78, 1885

(Stock Exclutnge Pricet.)

Ala.Central— 1st,

Minn.&St.L.— l8t,78,1927 11541....

II.— Contin'd—

Iowa Ext.— l8t,78, 1909|
108
2d, 78, 1891
S'thw.Elt.— lsi.78,1910
l8t,coD9.,guar.78,1906 124
Pac. Ext.— 1st, 63, 1921
Kens. i& Bar.— 1st, coup
Missouri Kan. &Tei.—
l3t, reg., 1921
Denv.&llio Or.- l8t,igoo 1134
Gen. con., Gs
99
Cons., 78, 1904-5-6
Ist consol., 7a, 1910...
Denv.So.P.&Pac— ]8t,7s. 162 1024 2d, income, 1911
944 H. & Cent. Mo — iBt, '90
Det. Mao.& Marq.— l8t,6s
75
Mobile* Ohio— New. Gs.
Land grant 3 lys, S. A.
Alb.

Railroad Bonds.

Ist cons., Id. coup., 78-.
Keoig.. 1st Iidu, 68,1903
Long Dock b ds, 78, '93.

Bulf N.Y <tE.-l8t,1916 130

100

N.Y.L.E.<fcW.-New2d 6
2rt,

consol., fd. cp., 58.

But.&S.W.-M.6s,1908
130

115

Ev.<fc

T.U.— 1st.

cons.,Ga.

954 96 'e
116

Fl't&P.Marq.— M.G3,1920
Gal.Har. & S.Aut.— lst,Os
2d, 78,1905

Miss.B.Br'ge— lBt,s.f.Gs
102
C.B.& Q.— 8 p. c, ist, '83.
127
Consol. 7s, 1903
68, sinking fund, 1901.. 103 "a
la. Div.— w. F., 58, 1919.
871-;
S. F. 4s, 1919
84 le'
48,19-22
«8G
48,1921
C. R. I. & P.— 68, cp., 19i7 1251a
68, reg., 1917
Keo. & DosM.— l8,g.,58
1164
Central of N. J.— Ist, '90.
llOV
1st consol., asseuted,'99 110
Conv., assented, 1902.. lug
Adjustment, 7s, 1903... lOlia 106
Leh.&W B.— Con.g'd.as 94" 103
95
Am.D'kftlm.— 58. 1921
0.M.& St.l>.— 1 St, 88, P. D. 130
2d, 7 3-10, P. D.,1898.. 124
Ist, 7s, $ g.. R. U., 1903
124% 1'26
Ist, Lao. Div., 1893

86
Gr'n KayW.&S.P.- Ist.ila »83
Oulf.Col.&S. I'e— 7s,1909 107
Han.&St.Jos.— 8s, conv.. 104 4 103'
1033, 104
Consol. Gs, 1811

Hous.AT.C— Ist,

l.gr.,7s.

Ist, Weat. Div., 7s
N.,7s
1st,
2d conaol., main line, 88
2d,
N.. 88, 1915
Gener.-vl, G.s, 1921

Waco*
Waco &

110
107

109
lOG
110
123

123

102
102

Hous.E,& W.Tex.— lst,7s
lU. Cent — Sp.Dlv.— Cp.6s 110
Middle Div.— Reg. 6

St. Pet'r— Ist 106
120 128
2d, 78, 1907
Mil.cfcMail.- lst,68,1905
C.C.C.&Ind's— lst,78, 8 f. •123
Consol. ,78, 1914
1201a
C.St.P.M.&0.— (JonsoL.Gs lUB
C.St.l'.<tM.-lst,G3,1918 114

IH

No. Wis.- 1st,

Gs,

1930.

Del. L.&

W.— 78, conv.

'92

Mortgage 78, 1907
Byr.Uing.&N.Y.-l8t,7s
Morris & Kesex— lst,7s
2d, 78, 18U1
Bonds, 78, 1900
...
78011871, 1901

127

139

113

123'
123
11.— Ist, 78, 1884.. '105 >a
78,1891..
115
Ist ,ext, ,78, 1891
Ho
Coup., 78, 1S91
l8t,Pa. Div.,cii.,78,1917 12G
Pa. DiT., reg., 78, 1917

1393<

123

lst> consol., gu.ar., 78.

Del.

&

*

General, Gs, 1030
Pensac'laDlv.- 68, 1920
St.L. Div.— Ist, 68,19'21
2d, 3s, 1980
Nasliv. <fe Dec— 1st, 78

"9'j'

93 14

94

100
60
121

S.&N.Ala,-S.f.,6s,1910
Lebau'n-Kuox— 63,1931
Louisv. C.<fe L.— 6s,1931

Erie* W.— l8t,6s,1919
Sandusky Div., 68, 1919
Laf.BI.<ftlU.— 1st. 68,1919

L.

Bt.P.&S.C.-l8t,Gs,1919 iViia 113
Chic.&B.lll.— l6t,s.t.,cur.
100
C0I.& Oreen.— l8t,G8,191G
2d, 68,1926
88

Louisv. N.Alb.&C— Ist, (is
Mauhat.B'ch Co.— 79,1909
N. Y.&M.B'h-.lst,'?8,'97
Marietta <& Cin.— Ist, 7s
l8t, sterling
Motrop'iit'u El.— l8t,1903
2d, Gs, 1899
Mich.Cont Con.,7s,190:
lat, 88, 1882, siuk'g fd

—

101

102

102
103

103
104

99
87
127

1^

Gs.

116

Registered, 58, 1931
Jack.Lan.A Sag.— 0s,'91

129

1909
Coupon,

5s,

1931

Mil.JiNo.-l8t,4.5-68,1910
Mil.L.S.<StW.-l8t,68,1921

90

G7

107
109

103

1134 1164

l8t Min'l Div 6s. 1921.
Ohio So.— 1 St, Gs, 1 92 1
,

81 '8
104

96
»93

101

No price Friday- these are latest quotation* made Uus week.

Atl.A Ch.-lst, p.,7s,'97
Scioto Val.— Ist, cons., 78
St. L. & Iron Mt.— 1st, 7s
2d, 73, 1897

Arkansas Br.— 1st
Cairo* Fulton— Ist
Cairo

ArU.&T.— 1st
& H.—

95
II314 115
109
107
106 'e 108
106 4 107

1064

80 4 81
114=4

1104

&

I'li'ii

994

124
St.P..\liun.&Man.— lst,7s 1104 111
1124 113
2d.G3, 1909
DakotaExt.— 63. 1910.. 108 4 109
Mlu's Un.— l3t,6s, 1922

&

Dul.— l8t, 58,1931
St.P.
So. Car. Rv.— Ist, 6s,1920
2d, Gs, 1931
Tex.Cen.-lst,s.f.,73,1909
Ist mort., 78, 1911
Tol. Del.& Bur.— Main. Gs
1st, Davt. Div., 0.S, 1910
Ist. Ter'l trust, 63,

102 4 102 Hg
92
95
108 109

1064
76

1911
1927

60
67 »4
Va.Mid.-M. inc., G-3,
86
864
Wivb. St.L.A P.— (ien'l, 6-1
83
854
Chic. Div.— 53, 1910....
87
90
Hav. Div.— 6a, 1910.-..
Tol.P.&W.— lst,73,1917 1094
Iowa Div.— 69. 1921... 894 00
Ind'polls Div.— 63. 1921
Detroit Div.-Gs. 1921..
Cairo Div.-5s. 1931 ...

Waba-3h-M.
T0I.&

7s, 1903.-.

824
•95

W.— 1st, ext.,78 107

l3t, St. L. Div.. 73, '89
2d, ext., 79, 1893
Equip. Ii'nds, 7s, 1833

07

1014 103
1064
55

Consol., couv., 79,1907 100
ids'"
Ot. Weat.- l.st, 7s, '83 '106
103 •4
2d, 73, 1393
ids"
l.st, 78, 1890.
Q.

AT.—

Han.&Naplea- lat, 7s

ioti

N.W. Telegraph-73,1904
Mut.Un. T.— -.F.,G9.1911

1064
St.L.K.C.&N.— R.e.78
Cm. Div.— Ist, 73. .. 112 1134
'.054
100
Clar'da Br.— 63.1919
85
98
St. Chas.Br.— 1st, 6s
No. Missouri— 1st, 78 118
115
West. Un. Tel.— 1900, cp. 1184
II8I4

1900, reg

101

10G4 Spring

Val.

W.W.— l,3t,G»

113 4' Oregon KR. & N.— lat, Gs
loo's 1064'
11534 IIG
INCOME BONDS.
113
1:4
118i {Inteml payable if earne'l.)
118
Ala. Cent.— Inc. Gs, 1913.
107
Alleg'y Cent— Inc.. 1912.
110 111
Atl. & Pac— Inc., 1910 ..
lOJ
110
Central of N. J.— 1903.
103
109
Inc. 7s. '90
Col. C. <S I.
104
Cent. la.— Coup. deb. ctfs.
100
Oh.StP.A M.— L..vi;.inc. 63
90
Chic. & E. 111.— Inc., 1907

77

DesM.&FtD.— l3t,inc.,03

Det Mack. & Marq.- Inc.
1044 E.T.V.AGa. -rnc.,0s,1931
100
El. C.& No.— 2d inc. 1970
1014
O. BayW.& St P.— 2d, inc.

78"

id84

33
87

. .

C—

90
*100
104

764 76 't

10534

Geu. r'v& I. gr., 5s, 1931
St. L. AI-.OU
Ist.
T.
2d,pret., 7s, 1894
2d, income, 7s, 1894....
Belleville
8. 111.— 1st

85

111

103

Richm. A Danv.— Cont.—
Debenture Gs. 1927

49S4

70
80
70

71

43

43"

""23'

27"

101

1121^

Ind.Bl.&We8t-lno.,1919 "51"
Consol. Inc., Gs, 1921...
14
113
Ind's Dec.& Spr'd-2d ino,
1004
Trust Co. certificalf
90
Int. & Ot. North.— 2d iuc
90
2d assented, Gs, 190980
Leh. A Wilkesb. Coal— '88
51
Lake E. A W.— Inc. 7a, '99
Sand'kvDiv.— Inc.. 1920 43
So. Pac. of Mo —1st.. •10214
Laf.BI.AMun.-.Ino.7s.'99 •40
Tox.&Pac— Ist.Os, 1903 lOJ
92 14
314
Conaol., 6s, 1903
Mil. L. S. A W.— Incomes
75
Inco.ne & I'd gr;, i-eg.
62 4 63 4 Mob. A O.— 1st prf. deben.
823<
lst,lUoG.Div.,Gs,1930
83
2dpref. deboutiires
"35
Pennsylvania KR.
3d pref. debentures
Pa.Co"s guar. 4 4s, 1st c.
984 4th pref. debentures
Registered, 19il
93 4
N.Y.Lake E.AW.— Inc.69 "io'
Pitt.C.&St.L.— l8tc.,7a
N.Y.P.AO.— lstinc.ac,5-7 514
31
iBtrcg., 78, 1900.
Ohio Cent.— lucome, 1920
Min'l Div.— lnc.7.3.1921
2d, 7.S, 1913
30
OhioSO —2d inc., Gs, 1921
Pitts. FU W. & Ch.-lst 13G
144
Oudens.A L.O.— Inc.,1920
2d, 78, 1912
13G
133'
Small
3d, 7s, 1912
Peoria D.AEv.- Inc. ,1920
Clev.& Pitts —Cons. 8.f, 120
4th, sink, fd., Gs, 1892 '108
Evan.sv. [)iv.— Inc.,1920 •50
46
Col.C.t.t I.e.— Ist.consol 1'20
Roch.A Pltt.x.-lnc, 1921
'2d conaol., 7s, 1909...
Rome W. A og. — Inc., 7s. 40
lst,'ri'st Cecils., aas'd 113
so. Car. Rv.— luc,63,1931
2d, Tr'st Co.ctr3.,a38'd
St. Louis 1. Mt A So.—
Ist, Tr'tCo.ctfs.suppl. 11.-,
1 St. 7 3, pref i n I accn m.
105

1054

66 is

•

.

. ,

id4'

Equipni't bds., 8s, 1883
id7ia
ll.S

864 88
1034106

•.

N.O.&Mol).— Iat,68l9;>0
E.H. & N.— lat, 63, 1919

WinouaA

1014102 4

—

1164 Oreg'UiSCal.— lst,G.s,1921

.

8s.

105
112

102';
107 J* 103
102 14 103
Ga, subscription, 1833.. 102 14 203
N.Y.C. & H.— l8t, coup. 133
1324 1331
Ist, reg., 1903
lIuds.B.— 7s,2d. s.f.,'83 107 103
94
Ca:i'daSo.— Ist.iut.guar
Harlem— Ist, 78, coup.. 130
130
lat. 7s. reg., 1900
N.Y. Elev'd-lst,7s. 190a 1164
N. Y. Pa.&0.-Pr.l'n,Gs.'9 J
50
N.Y.C.&N.-.Gen..6s,1910
Trust C:'. Receipts
N.Y.A New Eng.— 1st, 7s
1st, 6s. 1905
91 •'e 92
N.Y.C.&St.L.-l8t,68,1921
1103
Nevada Cent.— 1st, 63
N.Pac— G.l.gr.,l8t,ci>., 6s 103l4'10J=8
Hogistored G.s. 1921 .... 103V101
91
N.O. Pac— l8t.6s.g.ig20.
Norf.&W.-O'l., 09,1931..
102'h
Ohio & Miss— Consol. a.f. 116
Consolidated 7s, 189.'*.. lit;
125
2d consolidated 7s, 1911 124
1st, Springlield Div., 7s 11934
91 '4
Ohio Central— lst,Gs,1930
91
1st, Ter'lTr.. Gs, 1920-.

.

Peninsula— 1 st, conv. 78 130
Chicago & Mil.— Ist, 78 122

....

100
111

Collat. Trust, Ga, 1892..

Morgan's La.A T.— Ist, 63
Na8h.Chat.&St.L.-l8t,7s
2d, Gs, 1901
N. Y. Central— 68, 1883..
08,1887
Gs, real estate, 1883 ....

Panama— S.f. sub.Gs,!910
Peoria Dec.& Ev.— Ist, Gs
C.St.L.&N.O.-Ten. 1..73 113
Evans. Div., lst,6a,1920
let, consol. 7s ,1897.. 115 14
120
Pac. Kailroads.—
2d,1907
103
Cent. P.ae.— O., 6s
gold, 33
San Joaquin Branch.
Dub. & Sioux Citv, Ist. 100
Cal. & Oregon— lat, 63
Dub. & S C, '2d Div., 78 113
117
State Aid bds, 78, '84
Ced. F. & Minn.— 1st, 7a
iio"
L.and grant bonds, Gs.
Ind. Bl. & W.-l8tprf.,73
90
West. Pile— Bonds, Ga
1st, 4-o-Gs. 1909
75
1241a 127
So. Pac. of Cal.— let, 8s
Ist, I. &M., 1897...
2d, 4.5-68, 1909
954
1899...
Unio-.i
1241a
Pacitic— 1st, Gs
1st, I. &D.,
East'n Div.— 68, 1921
124
Land grants, 7s, '87-9
let, C. &M., 1903 ..
Indiauip.D.&Spr.- l8t,78 ids'
124
123
60
Sinking funds, 83, '93
Consol. 7s, 1903
2d, 5.1, 1911
102
Registered 83, 1393 ..
2d,7s, l'.8i
Int.& Ot.No.— l3t,6s,gold 1054
82
Collateral trust. 6a...
l8t,7s.l &D. Ext,, 1908 l'24la 12G'a
Co.ipon, 63, 1909
Kans.Pac— 1st, 6s,'g5
B.W. Dir.,lBt.08, 1909 108^2
Kent'kyCeu.-M. 68,1911
94
l8t,58,Lft. &D»v.,1919
1st, 63, 189G
Lake KnoreA Mich. So.—
Den.Div.,Gs,as'd, '99
lst8.MlIin.Dlv.,68,1910 107
Mlch.S.A N.I.— S.fd.,7s 1074
lat consol.. Gs. 1919
Ist, H. <Sl D., 78, 1910 ..
Clevc. & Tol.— Sink. fd. JOG
ids"
109
C.Br.U.P.- F.c,78,'9j
Ch. & Pac. Div., 6s, 1910
New bonds, 7s, 1880
92 3j 93
l8tCliio.& P.W.,5s,1921
At.C.&P.-l8t,63,190o
Cleve. P. & Ash.— 78 ... 109
91 '(
At.J.Co.&W.— lst,G9
Min'l PC. Div., 5s, 1910
Buff. & Ei-ie— New bds. 122
100
C.&L.8ap.Div..5s,1921
Oro.'.Short L.— 1st, Gs
Kal. & W. Pigeon— Ist
XJt.So.- Gen.,7s,1909
0. & N'west.— S. td. 7s, '83 107
Det.M.&T.— l8t,7s,1906 1^9
Interest boiid8,7s, 1883 103
Exten., Ist. 78, 1909
Lake Shore— Div. bonds 121
128
Consol. bonds, 78, 1915. 1331a 133
Mo. Pac— lat cons., 63
Consol., coup., 1st, 78 126
121
Extens'n bonds, 7s, '85
»d,7s,190G
Consol., reg., 1st, 7a
107
123
Ist, 78, 1885
Pacitic of Mo.— 1st, 68
Conaol., coup., 2d, 78
Coupon, gold. 7s,1902.. 1231a 126
125
2d,7a, 1891...
Consol., reg., 2d, 78..
1241-j
Beg., gold, 78, 1902
Long lal. K.-lst, 78,1898 118 121
St L.<fc S. F.— 2d.68, cl. A
•98 14 984
Sinking fund, 6b, 1929
3-Gs, class C, 1906
lai consol. 58,1931.
Sinking fund, reg
3-68, class B, 190G
Louisv.&N..— Cons.7s,'98 119
Sinking fund, 58, 1929
100 la 101 la
1021.
Ist, Ga, PeirceO. & O.
2d, 7s, gold, 1883 ...
Sinking fund, reg
Equipment, 78, 1895.
Cecillau Br'ch-78, 1907 103
Iowa Midland- 1st.

1114

56
SO
46

474
42
43
80

78
75

494
79

.

•114
2d, Gs. int. aco'runlarivc
•110
St'gI.AKy.-Ser.B..ioc.'94
2d, 7s, 1898
111
I'Lain incomes Gs, 1S9G2d, guar., 7s, 1898...
1104
Sterliug Mt-lfrv.— lnc,'93
Pitt8.B.Jt B.— Ist.Gs.igil
Rome W.& Og.— Con.. 1st 74', 75 St L. A. A T. It.— Div. bdi
Tol.Del.AB. -lnc.,63,1910
Roch.i Pitt.-l3t,Gs.l921 '1(15 1106
Dayton Div.— Gs, 1910..
Al.— lat, 73, 1920 83
Kich.
86
'100
Tex.ASt.L.-.l»s.,lnc.l920
Rich.& Danv.— Cons.g.,63

St.L.V.itT.H.-lat,g.,7

&

60
20

25"'

September

THE CHRONICLE.

80, J883.]

New York
Bank Stock

Quotations In Boston, Philadelphia and Baltimore.

Local Secnrltles.
Iniinrance 8tock Uiit.
[Qnotations by E. 8. BAiLiy, Broker,
No. 7 Pine Street.]

Ll«t.

PRIOB.

COMPANIEH.
Harked thtu

COUPAKII8.

are

(*)

Bid. Aek.
lOU

Am. Exchango

100
100
i»
8S
100
100

Bowery
Broadway
Butchers'
Central

Drov'rB'

ft

Chase

Chatham
Chemical

as
100

Clttsens'

SB

Commerce
Corn Exchange"
East Rivur
BlaTenth Ward*
Fifth
Fifth

...

Gallatin

German American*.
G.erman Exchange*.
Germanla*
Greenwich*

Hanover
Imp. and Traders*.

.

Manhattan*
Marine
Market

Murray

New
New

Yorit
Vorlt County...
N. Y. Nat'l Exohte.

Side*

Gasand

147«

75

60

86

*S
IJO

70
66

90
86
80

14)

153

Kings County (Bkn.)
Knickorbocker

SO
20
40
50

I8C

83

210
87

1113

107

NIacara
North River

60
29
100
100
25
50
60

Phenix

IOO
IOO

Republic
Rutgers'
Standard

Relief
-

.

ISO

Star
Sterling

iib"

Ptuyvesant
Tradesmen's
United States
Westchester
Williamsburg City..

City Railroad Stocks

86
116

73
140
ISO

140
05
106
110
150

60
60

bO

no
.18
;«o
110
160

ST-i IOO
140
35

lOO

100

B3
6
60

50
23
23

175

100
ISO

184
106
1U5
laS

IOO
100

10

65

120
100
110
142
63

100

People's

73
SO
105

;si

60

Pacific

100
100

70
73
103
bn
105
60

100
25

.

Park
Peter Cooper

20
60
50
50
100
25
60
100

ISO
120
146
75
HS

75
40
100

150

115

100

65
53

76
32

23
25
25

12S
70
ISO

133

10

120
22)

60

80
133

125

ZOO

aDd Boada.

Staples, Brokers, 11 Wall Street.]

ft

^

25 2,000,000
20 1,200,000

Co (Bklvn)
bouds

1,000

315,000

Var.
Var.

i.&o.

50 1,850.000 if.ftA.
20
750,000 1.4 J.
60 4,000,000 I.ft J.
100 •^,500,000 M.ftS.
500
750,000 F.* A
100 5,000.000 Quar.
25 1,000,(X10 Var
Va'-.
700,000 M.ftN.
100 4,000,000 VI.ftN.

Jersey City ft Huboken
Bfanhattan
Metropolitan

do
bonds
Mitual.N. Y
Hassan, Brooklrn
do
scrip
New York
People's (Brooklyn)

10
1,000

Bonds
Bonds

1,000,000

Var.
SO
50

Central of Wew York
WUliamsburg
do
bonds
Metropolitan, Brooklyn

1. ft ,1.

875,000 M.ftN.
123,000 Var.
4««,000 F.ft A.

1,000,000 Quar.
1,000,000 A.ft 0.
100 1,000.000 II.ftN.
100 3,000,000

1,000

Uonlclpal

do
bonds
Fulton Maolclpal

750.000 M.ftN.
LSOJ.OOO

'iob

1
6

*

May.

..Is'f.

'82 106

107
70
110

2«

July, '82 09
189S
105
3
Aug., 'C2 9S
'82 160
"'H July.
5
Aug., -83 2'20
8
Aug., *? 175
3
107
1^'july, -82 104
S 18ept.,'Ji: 65
7

6

Mny, '82 90
May, '8* 117

8H

Jan.. '78

3\4

too
170

223
180
110

lOSK
57
95
1J8

43
I

H

1897
1900

3

Aug.,

7

105

Ac 83
'82
'82

46
107
90

75
55

85
80

101

101

U*4 July, 82 70
4
Aug.. '82 180

l"l86

8

11

m Feb..
IMOO

6

10.5

ItSlS

10

70

Broadway ftSeventh Av.-Sfk
1st mortgage
Brooklyn City— Stock
1st mortgage.

100
900,000 J. ft J.
691,000 J. ft J.
1,000
100 2,100,000 Q-J.
1,5<IO.OOC

J.ftD.

10 2,000,000

Q-F.

1,000

300,000 M.ftN.
200,000 Q-J.
400,000
300.000
500.000 J. ft J.

1,000

Broadway (Brobltlyn)— Stock ..
Brooklyn Crosstown.- St'k...
Ist mortgage bonds
Bushwick Av. (B'klyn)— Stock.
Central I'k. N. A B. Ulv.-Stock

100
100

Vy.

1,000

100
100

1,800.1X10
i,aoo.O(X)

Consolidated mort. bonds
1,000
Christopher ft Tenth St.— Stock
100

Bonds
Dry Dock E.B.& Batt'ry-Stock

0."0.0:)0

100

l,'.i01).IH)0

.

Town— Stock

....

mortgage
Houst.WestSt.ft Pav.F'y-St'k
Ist mortgage
Becond Avenue— Stock
1st

Extension
Sixth

Avenue— Stock

Ist mortgage
Third Avenue— Stock

Twenty-third Street— Stock.
'

100
500
100

1,000
100
1.000

y.to.iHio

J.ftD.

,000.000

Q-J.
M.&N.
A. 40.

7

7

130,000

A.«0.

200,000
750.000
500,000
8,000,000
e,o»o,ooo
600,000
290,000

Tbtsco o nn nhows lastdivldead oa

4
7
«

23<t.000
600,1)00

1,030,000 VI.ftN.

»to:<3,

M.ftS.
M.ft.S.
J. ft J.

Q-F.
J.ftJ.

F.4A.

1C4

"81

i

748.000

J.ftJ.

146

June

Oct., -di 150
H
7
1888
106
Oct., '83 133
« Oct., '82 143U
Dec. 1902 117H
7
iHi Aug., 'Si loe
IsuH
!106
7

2<».000 M.ftN.
230,000
5(X),000 J. ft J.
l,HI»,ri00

H

7
4
7
7
7
5
7
6
7
4

H.ftM. 7

26
113

22)

no

200
170
!12
145
144
119

lin),r.ftep
CharUers Val., Ist m. 7s.C.,lM;
Connectlog <«, cp. KOO-1904. 117

1st m.7s. .
ISO
land grant7i

Pacta

ft

',

Delaware m., (a, rei.4cn.,vsr

as

ft Bound Br.,rst,7s. IWG
§S« Del.
Bast Penn. Ut mort. ;, "Bii

CO
Income
Boston ft Maine Is
duston 4 Albany 7s
do
6s
tfoston ft Lowell 7s

do

6s

Providence 7s
Surl.ft Mo., land grant 7s
Nobr.Sa
Ex H'}
do
Nebr. 6s ..
do

do

Nebr.4s.

Chicago Burl,
CTonn.

4

...

Qulncv D.Bx

ft

8^^

8i

PasBum|)Sic, 7s

CunnottonValley.es
Ss
do
Calcornia Southern, 6s
ttastorn, Mass., 4^s, new.
Fort Scott ft Gulf 7b

ft

...

.

.

180'

123
128

108
103

do

»
t0S3«

102

iao)4
ISt

104

U8M

10»

187
187

MM
100}*

76

9SX

PltU.Cln.ftSt. L. 7s, reg.. HOC- 121

do

\Vi.

126
126

PhlLWiim.ftBalt ,4»,Tr.cert«

95

7M

78, cp., 19X1

Ptttsb. TltU8V.ftB.,78,cp..'96

Marq

pref

M>

W

161

Connecticut River
Conn, ft Passumpsic
Conaotton Valley
Eastern (Mass.)
Eastora (New Hampshire)..
Fltchburg

do

100

t28)t

M

I'cre

107X

US

Little Schuylkill, 1st m.7s,'«
IIIW N. O. Pac, 1st m., 6a, 1920 ..
North. Peon. 1st m.6s, cp.,'89 106
do
2dm.7s,cp.,'ll6. 182W
lOSW
do gen. m.7s, reg., 190< IIM
luS

40 gen. m. 7s, cp., 1908.
do debenture 6i, reg...
Mass Central. 6s
40
80
Mexican Central, is
80i Norf'kftWe«t.,gen. m.,6B ]i«l
I06« 105*. Oil Creek, 1st 6s, coup., l-iil..
.New Kork 4 New Bng. ti
116
do
l!6Ji PennsylT.,gen. m.6a, rg.,i9IO
do
gen. m. 6s, cp. .191(1
New Mexico ft So. Pac, 7s.
do oons.m.6s, rg., 1903.
Ogdensburg ft L. Ch. con.6i
do
3S
cons.m.6s. CO.. 190R.
Inc
do
do
do
5<,reK.,19lJ
Old Colony, 7s
Pa.4N.Y.C.* BR.7a,'8»»..
Old Colony, 6s
114
do
10O6 ..
Hueblo ft Ark. Valley, Is
99
Perklomen
1st
m.6B,ooup.,'81
mart
Rutland Cs.lst
Phlla.4 Brie
ai. .B,cp.,'!B
lOiH iob'
80D0'"R7s
do
cons. mort. 6s,'920
T. Clnn. ft St. L., Ist «i
65
po
do
6s,<.940
Income.
do
17
Phtla. N'ewfn* N.Y.. Ist, "9.
Day'fl D.
do
Ptall.ft R. lstra.6s,ex.'l'je 1910
MaiaL.
CO
do
2d m., 7s, CP..9S.
STOCKS.
do cons. m..'!s,n;., 1911
Atchison ft Topeka
do
do
op.,I>ll
i?2« 175^
Boston ft Albafty
do con8.m.6s,g.litcl911
Bo tojCilD. ft Fitch
do lmp.m.,6s,g„ C. liW7
'm
Bosion ft Lowell
do gen. m. 6», g.,C.l!'0<
Boston ft Maine
do In. m„7s,coup.,'896
Boston ft Providence
181
do dtsb. coup., 1*^93*..
Cheauire prererred
29^
do do C3UP. off, 1890
6;
Chic, ft W. Michigan
do scrip, mi
87
Cln. Sandusky ft Clev
87H
do
conv. 7s, R. C, 1893'
99
Concord
do
7s, coup, off, '98

ft

l«7)i

.

do 3dm. 7b, reg., 1910.. 184
do con.m.,6s,rg,,]9A UIM
do
6a,cp.,19<8 Wl
do

Hartford ft Erie 7s
K. City Lawrence ft go. 6s... too
KuH.tJity.St. Jo.ftC.B.Is.
LIttIo Ifk ft Ft. SiElth,7s,lst

Flint

126

Am'joy, Sa, irjo
Kl.ft W'msport.istm. ,61,1910
do
5a,perp
Barrlsbnrg 1st mart. 6s, Tt..
B. * B. T. 1st m. 7s, (Old, '<0.
do
eons. m.Ss, IMS.
Itbaea* Athens ut c i. Is.,**!)
Jnnetlon 1st mort,.6,^..
do
2d mort. 6s.l«XI...
Lehigh Valley, Ist^s, reg., 'k
do
1st, 66. cp.. 1898
Easton

4

808ton

Am.

Bid.

Catawlnaaew7s,

j_

93

FortBcottft Gulf, pref
common.
do
Iowa Falls ft Sioux Cliy
Llti.e Rock ft Fort Smith ...

Ktch.ft Danv.cons.lnt. 6^,1915
130« Shamokin
V.ft Pottsv.7s, 1901
uTwi.Snnbary ft Erie 1st m.7B, '97..

4

ijij* Bunb. Haz.

95

W.,lst
, .,1
m.,5«,3J

80

8dm. 6s,

do

STra.Oen.ft Com'g,lsi,)s,l»U6
'Tezai ft Pac. 1st m.,6s, (.,1905 100

91

101

Rio Gr.D.v.,IMI
do
cons. m..6s,g.,1905 "mi
do
do
lnc.ftl.gr ,7s 19l»
93
Tltusv.
Onion ft
1st in 7b, '90.
Qnlted N.J. cons. m.6s.*94..
ii»
Warrenft
P.
Ist m. 7s, '96
Sew York ft New England.. 66M 5B«' West Chester cons. 7s, '91
Northern of N. Hampshire...
West Jersey 6s, deb.,conp.,*8S iiV
160
Worcester
ti»
Norwich ft
do
1st m.6s, cp.. '96.
122
Ogdensb. ft L. Champlaln ... 137
do
l8tm.78,'!»
us
Old Colony............
cons. 6s, 1909
do
UO
107«
Portland Saco ft Portamoutli
W. Jersey ft Atl. l!>tm 6s, cp.
Pullman Palace Car
Western Penn. KH. 68,cp.'9.).
Rutland, preferred
68 P. B.,'9«
do
Kevere Beach ft Lynn
gen.m.7s,cp., 1901
do
"in
Louis
75i
St.
Tol. Cln. ft
BONDS.
CANAL
Ve.*inunt4 MassachusetlA..
87«
Ches. ft Del.. 1st m., 6s, 1B36
Worceslerft Nashua
Lehigh Navlga. m.,6s, reg. ,'81 I08X
18«
Wisconsin Central
rg '97... US
ua
mort.
RR.,
do
pref
do
do cons.m.Ts, rg.,l9l:... 117
PHII^ADELPHIA.
do Gr'nw'dTr. "8. rfr. "a-JJ
8TOCKS.+
KAILROAD
Morris, boat loan, reg., 1:^8:).

Maine Central

Manchester 4 Lawrence
Mar. Hough, ft Out
pref
do
Nasbnaft Lowell

.

Aug., -82 210
June, 'iWins

UK

Oct., '82 210
Jan., '81 100
May, '82 240

lib

Apr., '93 no
70
\OT.lBOi ll«
70
Jnly. '94 10»
July, 82 170

115

80
lie
....

Pitta.

ll'3

lOSJii

Ma-., -'^ 235
July. MfllllO
Aug., •H2 2;o

i65
115

.luly. '90 11(1

113

Aug.,'¥2 118)i 161
"J3 110

4

Western..'..

pref.
do
Camden 4 Atlantic...
pref
4o
00
Catawlssa
ist pref
do
21pref
do
Delaware 4 Bound Brook....
[Cast Pennsylvania
Blmlra 4 wllUamsport.
pref..
do
do
Bar. P. Mt. Joy 4 Lancaster.
Uunilngdon 4 Broad Top...
do P'*'.
do
Lehigh Valley.....
pref
do

Phlla.

Pnna. Newiowa

ft N. x
Putladelphlaft Iteading

do

64M

m%

Cam.

ft

33

88V
S4H
04
84

65

UO

lUh

do

do
*

185

100 195
1"*^

IJl
8d pref
Wash. Branch. PJ) ...
8
Parkersb'gBr..5u

do
do
do

ft Ch:>r.

Ohio

Columbaft

..

1074 108

Ists

loc

(to
lialt. ft

—.iVMM
I

68. 1883.A.ftU.
Gree .v. Ists

do

67

...30

Plttabu gft Connoluvllle
RAILR.^AD B*)Xas.

Atla ita

10

ja^*
15H>

SO
&>

'21s.

'li*0.^

.

33

i

W. Va. Sd m.,guar.,*M,,l .» J .
PItUb.ft Connp.lT8V.7s,'9S..' V.I 120
Northern Central 6s, '83, JftJ
6s,l94o, A.fto. i;7
do
.

37

.

181«
iiejt

6s, gld, 1901), J.ftJ
6s, Ist in..'».<.U.ft 8.

W.Md.68,l8tm.,gr.,';Xi.J.ftJ.

m

1211

il!«

U3

.

101}«

do 1st m., ti>io,J.ft J...
do 3dm.,guar., J.s J...,
;o7}<V.:i.
do 2d m.,pref....
do 2dm.,gr.by W.Co.Jfti
do 6s, 3d in., guar., J.ftJ.
F.
ft
A
...
Mar. ft Cln. 7b. 'M,
27W'128M
lOOVlOl
do
2d, M.ftN
s^. 3d, J.ftJ
do
6«« 57
Ri:hmo'.id

uiou ttu.

lo*-^

.

Per share.

Wi

.

ft

ft

Danv., goli,

Idt,

guar., .J.

4

6],
J.. I'lB

nton endorsed.
ioVm
Tenj. 6a

V.".'.

''

M.^

Virginia

6 p. c

chat. m.. IDs, 'SS

,„
lis

'

jb.vouo.'^s 101

t

J...
Q—
J.ftJ

new

Bait. ft Ohio....
1st pref
no

do
Uen. Ohio

CSi coap., 'SU
6s. 'nt. ..
iI4
7s. u.. 1J32

ailm.6<. 1901.

In default.

I

do

Cam. 4 Burlington t:o.6s,'yl.
Catawlssa lst,is, conv., cp.'^

US

6s,exempt,'9S,M.ftS.
8s, 1900,
6s. 1902,
is, 1916,

N.

raon.
cons.,

6s,park,18tO,Q.-M.
6b, 13»S,M.ftS

Norfolk water, 8s
RAILROAD STOOKS. Par.

8T,

41

2d m. 6s. '65..
Sd m. 6s, *37.

Atl. 1st

ro

1S84, ouarterly. 103
107« ....
6s,:8S<,J.ftJ
6s, IB9U,Qaarterly... iun'iib.

do
do
do
do
do
do
do
do

66«

...

Inc. 7s, end..c.'iM.
BolvldereDola. Ist m.,6s,190a.

t

»

7s, l!i9^-4

BAI^XlinOBB.

do

do
do

mi-

Baltimore 6s,

Allegheny Val..73-10B.li'9«.
7s,E.ext..l9;o
do

'Jamden«\.u

4)4». reg. ,1921
CO ip., 19^1

do mort.,

nAILROAD B0SD9.

do

B3
106)*

106
94

v.

Central
sn<fsi« MorthernMaryland
Weatcrn
Central Ohio, commoa.

Lehigh Navigation
Pennsylvania
ScbuTlklli Navigation
prof.
do

90

I

Phll.ftll.Coalftlr'n deo.7s.M'
deb. 7s. cps.ofl
do

.

rto

do
do

do

56

PhllBdelpb!a4 Trenton
Phlla.Wllnilng. 4 Baltimore.
Plt'sb. Cln. ft 81. Louis, com.
31 PaulftUuluthR.l4.Coin
do pref.
do
•.89X
Dnlted N. J. Companfes
West Chester consoi. pref.. .

WestJeraey
West Jersey ft Atlantic

'.910..

m.6s.rg..'»7.,

MISCKLLASEODS BONDS.

S«M 67

Erie

.{

co'iF,

56 Vi Penn.
Co. ,6s. reg
21

pref....

Ge-m.ft Sor Istowu..

6b,

2d m. 6a,reB..190;|.

do

Nesqui^honlng Valley
Norto k4 Western.com.....

4

Pennsylvania

21M 8IM Scbuylk. Nav.lst

Little Schuylkill
.;.••
ilinehlll

no
180

Nov., '^8 107
Sept.. '8i 170

il.lj,

8

Allegheny Valley

BuHalo

OAMAL STOCKS.

but tbe<^teof matarlty of bond*

fc

Topcka

Phlladelpbla
July, "82 24
j'iy.i«oo!io:
Oct., '82 144

:03
3*« Aug., 82 215
7
102
« Oct., •t<2 19)

7
6

2o:),000 J. ft J.

1,000

IOO
.

1

100

1,000
1,000
SOOftc
100
1,000

Consoi. convertible

F.&A

2jo,ooa I.ft J.

i.eoo

1st mortgage, consolidated
300* c
Eighth Avenue— Stock
IOO
Ist mortgage
1,000
tgd St. ft Grand St. Ferry—St'k
100
1st mortgage
1.000

Central Cross

Q-J.
J.ftD.

7

2
7

ft

do

<!'>
do
NortUero Co ural
North Pennsylvania
Pennsylvania

[Qnotations by H. L. Qeaht, Broker, 145 Broadway.]

Bleecker St. ft Full. Ferry— St 'k

tub.

COTUTIBa.

Bit Alk.

,

Dote.

Par. Amount. Period

Brooklyn Gas LlghtCo
do
Harlem

125

60
100

New York Fire
New York ft Boston.
New York City

Gas Compaxiss.
Citizens 'Gas

280

120
140
143

Nassan (Brooklyn).
National
New York Equitable

[Gaa Quotations by Prentiss

120
1H5
ISO
120

UO
110
250
DO

100
'

Mechanics* (B'klyn)
Mercantile
Merchants*
Monlauk (Brooklyn)

169J(

UO

Tr'd'rs

ft

Manhattan
Mecb. .t Traders'...

ISO
167
lEO

UO

80

60
60

Lorillard
Manufac'rs'ft Build

146

125

117

15

120
130
93

lilt)

IOO

105
110
180

100

100
50
60
100
100

100
100
100
40
SO
100
50
100

Union
United States
Wall Street

West

170
145

40

50
«3

Lamar
Lenox
Long Island (B'klyn)

25
20
BO
100

York.

100
100
50

IIS

17
10

I-afayette (Br'klyn)

People's*

New

Franlilinft Bmp..
German- American

Howard

25
SO

Third
Tradesmen's

Rxciiange
Farragut
Firemen's
Firemen's Trust...

145

too

.

243
230
85

180

Oriental*

Seventh Ward
Second
Shoe and Leather.

220
76
BO

30
50

85
85

Park

Sixth
State of

liSO

40
100

City

100

Pacific*

Republic
8t. Nicholas

100

Empire

Importers'
Irving
Jefferson

100
70
80

Phenix
Produce*

Continental
Eagle

SO
50
100

100

Ninth
North America*
North River*

107

Home

IOO
100
100
100

Ilill*

Nassau*

ini

100
100

UO

»
Mechanics'
Mechanics' ft Tr'drs'
Mercantile
Merchants'
Merchants' Bxch'ge
Metropolis*
Metropolitan
Mount Morris*

130

80
60

Hanover
Hoffmaa

29

Inring
Island Clty»
Leather Manuf'trs'.

100

Globe
Greenwich
Guardian
Hamilton

75
100
100

lU
210

Columbia
Commercial

17
20
70

Gerniania

30
se

162

lUO
IBS
165
126
140

Clinton

£9
25

Arenue*

25
25

llrooklyn

IB0S<

147
lOS
lUO
175
170
140

100

(Mtlzens*
City

100
100
100
100

First

Fourth
Fulton

130
123

100
100
iOO
100

City

Continental

60

American
American Exchange
Bowery
Broadway

•aorBmss.

BOSTON.
Atlantic

Par.

not Nationiu.

America*

369^

ft

B«
do
Weldon. gold, 7a

Wll.C.ft Aag..6)

118

io't'tt

....

IHE CHRONICLE.

370

I

Vol.

XXXV.

—

New York City Banks.—The following statement shows the
Railroad Earnings* The latest railroad earnings and the
^tals from January 1 to latest date are given below. The condition of the Associated Banks of New York City for the
statement includes the gross earnings of all raih-oads from week ending at the commencement of business on Sept. 23:
which returns can be obtained.
Averant amounc of
BarOu.

Latest Earnings Reported.
Rva<i».

Week or Mn

Jan. 1

1881.

1882.

to

Capital.

1882.

6S.187
73,794
497,381
473,017
Atoli.Toi..Ai?.K<>' AiiKUSt.... 4,221,945 1,000.610 9,109,6-.3 7,403,479
91,422
72,009
557,302
Buff. Plttnli.iW. .VllKiist....
425,815
52..5l)5
59,773
Bur.Ced.R.ctNo. .JdwkSept
1,894,319 1,531,443
8,637
8,68G
255,123
Cairo* St. LotiiK 2d wk .Sept
292,618
21,609
18,110
577,921
Cent.Br.Uii.r;ic. 2d wk Sept
077.730
Central PiioiMo August.... 2,277,000 2,088,51 fl 16,509,619 14,877,769
52,912 2,308,493 1,948,019
81,696
Cliesap. & Ohio. :-iawkSept
217,438 21.5,lf8 5,366,614 5,092,143
CliioaRO /a. Alton 2d wk Sept
1,625.006 1,888.358 10,780,621 10,986,905
CIilc. Bur. &Q.. .Tilly
3:i,85.5
39,394
Chic. & East. Ill 2d wk Sept
1,215,218 1,116,078
Cliic&Gi.Tiimli Wk. -ep.2H
49,533
34.849 1,487,378 1,058,487
438.000 33.=),019 13,434,000 11,526,190
Cljic. MilA-.St. P. 3d wk Sept
Clilo. * Noi-thw. 3d wk Sept
566,923 515,399 16,389,397 14.847.908
8.i,079 3,333,365 2,697.548
Clii8t,.P.Miii.&0 ISdwkSept
110,359
CUln. &W.Mio!i. August
125,672 120,292
9.57,26(1
836,756
Ciu.Iiiil.St.L.AC i.Tulv
209.564
177,101 1,422,435 1,289,240
Cincinnati Snntli /Viigiist...
228,419 227,740 1,607,974 1,422,146
Olev.Akron&Col |3d\vkSept
) 2,454
9,494
352,441
297,036
Col. Hock. V..tT. 3d wk Sept
52,462 2,010,090 1,635,418
60,688
Connotton Val.. August...
31.911
Deiiv. & Rio (ir. id wk Sept {139,784 ; 144,261 1.585.165 3,981.817
7,!'87
12,437
Dos M. & Ft. I>. 2d wk Sept
240.76 =
266,868
Det. Lnn. &. No.. iwksSept.
56.533
51.138 1,090.655
931.342
781.4r8
Dul). & Sionx C l.'dwkSept
30,9931
33,973
768.965
jjune
Eastern
284,6621 268.377 1,563,591 1,394,182
E.Tenn.V'.a &Gii I3wk88ept.
210,490 203,279
Eliz. Lex. & B.S :July
51.666
251,137
Europ'u it S. .A tJnly
47,023
33,809
308,936
263,055
EvauHV. <v T. H. jodwkSept
21,674
Flint & P. Marq. IstwkSep.
39,152
34,953 1,404,314 1,233.50^
•Gal.H.ar.&San A l.\ugust....
150,000 112,001
Grand Trunk.... Sept. 16 .. 368,155 337,812 '8,296,940 •8,097,887
Gr.BiiyW.&St.P. |2d wk Sept
8,666
7,789
GuIfCol&Siin.Fe August....
138,791
100,729
720,711
541.077
Hanui))iiI&St.Ji. 3d wk Sept
50,166
54,183
1,512,636 1,570,770
Hous.E.ifcW.Tox July
21.348
12,521
143,60
78,531
IlUnol6Cen.(lll.) August
669,8.39
672,036 4.491.647 4,285.729
(lowat August....
Do
143,761
196,371 1,182.959 1,155.890
Ina.Blooni.i& W. 3d wk Sept
67,454
63,461 1,839,999 1,806,850
Int. &Gt. North. 2d wk Sept
70,245
62,006 1,943,82
1,710,798
Iowa Central... August. . .
97,550 10 1,0. 17
735,308
580,236
K.O.Ft.S. iteGulI IstwkSep
33,005
30,051
Ia. Erie & Wesfii 3d wkSept
35,13^
20,314 1,044,309 1,665,058
D. K. AFt.Sniitli {August....
43.121
34,028
Long Island
!3dwkSept
55.121
51,725 1,724,980 1,48,5,598
Louisv.i&Nasliv ladwkSept 254,195 222,700 8,939,169 7,840,044
Louui.N.A.&Cb. ,August ...
141,000
97,750
Mnr.Uough.&O. Jd wk Sept
36,62(>
34,183
Mexican Cent.. SdwkAug.
20,00a
534,00
Wil.L.Sh.&Wcs! 3d WkSept
'14,24.5
18,983
621,713
408,938
Minn.&St. Lonij. latwkAiig
27,607
25,365
Mo. Kan. A Ti^x. :d WkSept 142.786 133,554 4,010.98. 3,533'..599
Misaonril'acilic. 2d WkSept
187,614 144.708 5,253,236 4,546,570
Mobile & Oliio.. August...
140.443 ] 60,789 1.164,568 1,414,236
Metropol. Eliv. 28dysSep.
183,528
202,138 2,034,292 1,828,161
N.Y. Elevated 28dy8Sep. 258,806 209,885 2,398,46J 2,129.377
Na8nv.(.;b.4;St.L August
168,304 168.31'
1,216,010 1,397,972
N. Y.iN.Ensl'd 3d WkSept
88,519
79,70:
2,469,314 1,997,8.30
N. V. Pa. A- Obie July
410,907 430,79
3,087,101 3.180,780
Norfolk & West AngiLst
222, 16''
196.122 1,438,653 1,364,626
northern Gent.. lAiigusr
667,4(58
498,0'J8 3,828,812 3,600,686
^Northern Pacitii •JdwkSi-pt 200,001/
101,290 4,617,0)3 2,45:>,666
Ohio Central
SdwkSepi
28,116
11,256
711,025
443,089
Ohio Sout belli
Jd Wk Sept
10.433
6,9u7
260,387
Oregon imp. Co. jmly
262,875
1,758.220
OreRouK.AN.C August
490,800 453.364 3,156,600 2,637,067
1

I

.

Mercantile
Pucitlo

aepubllc
Chutliam
People's

North America.

Hanover
IrvlnR

Metropolitan

I

August
80,3011
Pennsylvania .. August... 4,671.179 3,809,97s 31.471,178 29,14 4,235
Peoria Dec. t\[Ev Jd WkSept
13,124
14.289!
561,833
482,713
Philadolp.&Ene August.... 420,329 303,849 2,322,699 2,318,545
PhUa.(St KcadiUK August.... 1,975,993 2,000,987 13,533,948 12,973,801
Do Coal & Ir. August
1,615,208 1,521,439 9,309,932 8,381,152
Kiclim.& Danv. IstwkSep.
158,800
t54,OI(
2,261,850 2,178,693
St. L.Alt, it T.H. 2d WkSept
31,292
28,974
915,712 1,018,629
Do (bicbs.) 3d WkSept
22,700
17,699
603,301
525,969
,

.

i

St. L. Ft. 8.

AW, ilstwkAug

5,094

8t.L.IrouMt.&8 ,2d WkSept 170,113 165,876
Bt.L.&San Fiau 3d WkSept
66,386
64,111
St. Paul <t Dill.. i2dwkSep'
26,221
15,022
St. P. Minn.&51. |3d WkSept
112.97-'
191,793
Scioto Valley... 3d WkSept
11,915
12,345
4So. P.ic. Cal.
July
130,570
Do So. Div. June
11290,796
Bo. Pac. of Ar.
June
11158,357
«o. Pac. of N. M. Juue
1137,202
^South Carolina, July
68,462
63,984
Texas <fe Pacitic- 2d wk Sept 106.964
77,268
Tol. Del. & Burl. 3d WkSept
21,0t>9
17,482
Union Pacitic... 22 dysSep.'2,142, 68412,069,170
Utah Central ... [August. ... 120,8771 102,316
Vick8b'ii;& Mer. lAugust
27.2001
32,664
Va. MuUand... August....! 136,053' 134,834
Wab.fit.I-.it Pac :3dwkeepti 437,795
397,141
West Jersey ... August....! 199,246! 174.548
Wisconsin Cent !2d wkSeptt
18,536|
16,483
!

. .

I

127,784
4,747,085
2,442,591
672,757
5,862,569
373,509
664,478

4,844,679
2,198,284

470,060
3,09u,571

295,874

...

Citizens'

Nassau
Market

3hoe & Leather..
Corn Exchange
Continental
Oriental
Miirine
Importers'

& Tr..

YorkCounty..
ijerm'n Americ'n
Chase National.,
f^'ifth

Avenue...

German Exch.

3,.=,0»,000

6.820,800
2.1)03.800

3l>H,0au

l,r7-',400
14,571,'; 00

312,100
3,861,800
296.000
321,700
270.300
138,000
4i.500
278.200
179.200

3,687,000
4,395,200
1.683,400

902.000
1,108,200
8.261.';00
l,ii40,liXl

Tde

..

80C

7.944.901)

7i'3 1011

1,574,00(1

2,84

1.

4lH.nO(l

3.314.70U
13.199.000
1,018.500
2.S4i,90C

101.301
2-.iO,000

431,000
1,042,500
26,300

203,000
6.600
I
419,900

419.'J0i.

3'14.000

4,7-4,800
1.37 ^200
227,000

593,400
SU 1.900

1.556.40O
1,050.300

20.1.11:

17.84i!.3()C

8,31)6.'20O
©•iO.OOfl

14J.O0C
li5.500
917,300
912.000
321.000

1,000,00(1
i,oon,oi'n

4,8-'O,O01i

800,000
400,000
1,500,000
2,000,000
600,000

2.151.300

5.9";, 901'
3.482.00(1
1K,<!04.100

16.841,000
l,50.j,6a0

:8.021.000

006.000
816,000
2,919,500

.1,602.700

1.457.000
I.S4.S.«0C

234.0U0

8,206.000

6

029,1.X^

1.6S7.100

;
Jl

y. S. Sub-Treasury.— The following taj)le shows the receipts
»aad payments at the Sab-Treaiury ir. t Jis citv, as well as the
'tulanees in the same, tor eACh aay'ol' ih'i past week:

"

"

28

•"

29.

.

Total....

1,188.116 09
1.603.236 60
1,9'!7.339 51
1.413.889 22
2.107,807 11
1,137,308 16

1.109.474
1,263.874
909,588
l,7o7,214
3,290,079
1,761,531

14
93
o4
81

36
44

9,417,676 69 10,0.16,795 72

86.940,673
87.304,611
83,497,745
88.896,254
87,969,355
88,007,284

00
58
35
56
52
13

$
5,982,293
5.9)2,716
5,817,333
5,125,449
4,889,875
4,207,920

45,000
5,400

2.f.H5.10«

T.e^o.ooo

678,700
406,400
2,250,000
265,500

3.180.70(,

w.926.0pG
1.91^9f|0
2,471 .30.,
2.4 9.00C

.8.10

86.700

448,V66
447 800
450,000
4,600
669,200

1.78i,40t.
2.778,0.x.

3.749,800
5,8.*:i.S0C

75,20..

2.0a 1.200
3.71 1. OOC.

369,Vii0

19.9J6.6DiJ

1.221,500

20,27H.90C
1,340.100
1,453,500
857,700
17 18S,^00
8,546.000
3,093,000

45,0(0

221,a')0

80J,900
312 0"O
90,000

439,M.)0

5,60«.8.>0

607.600

14,991 000

7lil,li)0

834,1(10

5,859,100

13-i,100

137,400
232.500

1.12S,6,30
1.89 1 .000

2i!0,300

541. S'(

2.033,600

180,000

5.9.1C

1

600.0.JU
430.71)0

269 760

1:7.70

9.16.100

454.3)0

5 4-3 3001

l.TtO.OOC

365 3-10
38 too

16:.10r

is'^ae

157.70(1
2l0.3.Mi

l,70!i,3.,O
1.8.58 11.0

20 1,000
200,000
500.000
300,COO

360.210

90('

1.5-,I.'.«)0

50.600
1,447,000
171.000

1,879,900
5.12 '.400
l,I3«,-:)0

2.-i07.<100

1

9Y,800

5,625.700'
1,139,7.x

48,100
117,')00

61.162,700 33o,ass.690 51.018.500 21,037,00

29^,339.8i)i|' 18.637,400

The following

|

754.400

IJeo.

1

are the totals for two weeks

Lontut.
18S2.
i,
eept.l6.....3?6,670.SOO
2.3....323,88-'.c.00

Boston Banks.

Specie.
*

L. 'lenders.

Deposits.

i

62,632,700

21,''11,400
21.0J(,(JO0

t
301,l52l,S0O

6,',018.500

a9;.3S).30O

Circulation. JI7;. C'ear

Specie.
L. Tenders.
«
«
6.110.500
8.832.300
6,305,S00
3,368,300

»

149.503.800
148,62 1,»00

«

»

—Following are the totals of

Loans.
1882.
Sei.t.l8..
"
23..

M

|

18,371,200 1(110,031,2 '5
l-),63r,400 930,952,831

the Boston banks

Deposits.* Circutatton. Agn. Olear
»
»
»
08,0ie,715
91,31.5.900
30,278,800
90,15«,700
30,l4»,(j00
71,178,258

Includintr the Item
due to other banks."
Pliiladelpliia Uanks. The totals of the Philalelohia ban'.is
are as follows:
'

1882.

Seut.18
'•
25

Loans.

L. Tenders.

t
7^.751,470
78,788,509

*
19,671,891
19.118,978

Unlisted Securities.

Bid.

Am. Tel.
Cable, ex
Am. Railway Imp. Co.
<fe

old
.

Brnsb Illurain'g Co ...
Cbic. M. & St. P.rigbtS*llia
Central R'way Constr
Continent'l Cons., Sop c 56
Ueu.A R.G. unl'd eous. 9],
Den .t K. G..W. bonds. 7ii
Do stock
;9
Dea M. & Fl Dodge pf
Do
Do stock
Edison Electric L. Co. 550
Ind. Dec. & Sp. com...
7^
Do .new ls,6s,fund
Internat. Imi.. Co.. ex. 15
Kan. & Neb. 1st luort.

50
105

11%
121
64

97
ri

25

N.

87
07
88

N Y.W.Sli.&B.5p.c.bds

97

N. Y.

6

subs, 60 p. c
O. Iron & Steel

49'8

Do
100 p ct... 91
ObioC. Riv.D. ists.er. 63
Do River incomes. 18
»k .\tlan.

Oo
Rich.cfe
«fe

bds.

sola

stock

Al.&O. C.subs.

andex
22
64I2

13
105

12
6I4

Dan.

60
92
ss»«.

102"
3313

92
92
64
19
80=9
311s

7
100

bds. ifestck...
e.xt.sul»s.

deb.5ubs.,#2250.
Eocb'r & Pitts'g Coal.
St. Jo, & West, stock.. 171s
St. Jo. & PacUic 1st
Do
2ds
Tex. &Col.Iini).,60p.c. 91

M

19%
94

Tex.St.L.RR.,9b.,90 p.c 75
Tol. Cln.

&

St. L. Ists.

Do income bonds
Do
stock

65
16
I4I3

Osia
18

16

59% ToL

Can. South.&Det
U.S. Electric Light.... 98

Vicksb. &Mer.coni.8t'k
Wiscon. Cc»t. com

1st mort. bds

N.Y. Sua.

stock
86
Oreg. 3b.L.subs.70p.o
Do
bds.. 100
Do
stock 36
Do subs. .$10,000
block ex
60
Oreg.Trans-Con. bonds
subs. 40 p. c
91

103

m

cSc

North River Const. Co. 71
Out. AW. subs., 35 p.c. 591a
Oregon Imp. Co.lstex. 90

....

ex-Jan. '83cp. 59ia

Do

& Imp
Soutbem
Do
inc. bds
N. Y. com
214
Do
pref
15
Loan

Do

Do

&

J.

Rich.

Do
Do

N.

2dinc,bda

Pensac.

2d M.

B bonds
Y.Ch.A St. (..equip

54,077,283

Do

.SpiingH Ist.

Do

*
5'",316,730

Bid. Akkta.
N, Y,
N, J,

1
lie

scrip for stkt
1st m. bdsf.. 4212
Buff.N.Y.&Pbila. subs. •23

&

Ago. Ctea- ,

N,Y.A-Gr.L.lBt Inc.bds

Do

Do
Do

Do

70,.J34,330

Asked.
,

ex bonds and stock. •20
American Elec. Ligbt.
7

Lebanon

Circnlation.
*
9,654,670
9.706,161

Deposits.
*
71,760,109

—Following are quoted at 33 New Street:

Wllkesbarre 10
6314
stock
16
Mich. & O.subs. 30 p.c.
.Mid.KK. of N.J. stock. I713
Do
A bonds.... 1012

08
17

l,125i»0

3.398.40C
1.751.30C

2.';25,100

Do

Ourrtncy.

Coin.

$

23
25
26

43ept.

Payments.

889.800
80O.OOO

2.183.10.)
2.78' i.im

:

Lehigli

Reeeiplt.

os'i.'siid

3,>87,100
6.383,200

4.908

Mex. Nat. bonds

Botlances.

242, IOC

S70.000
1,098,500
1,0=2,300
3.:73.600

I42.6il0

96.3 V

8..W3,00(,

281,700
7«3,400

1.461.300

1(1,341,000
l2.:20,riOO

103.00.

24

2,9(!5,00C

2.-.'8i:90(i

143,000
2,60«
517,000
24,400
46,000

114.300
168.000
1,044,800
37n,100

2l<6.700
490,'i00

600,000

790.300

2.1«9,.300

318.0.30

2.5511,0011

OOO

2.39R,80C

1,100

2e7,6M

l'i0,300
320.5,10

224,«00
171,400
503,700

J.Of 8

6.'208.100

3.209.000
6,327,300
1.556.900
1.218,600

3.135 800

762.30f.
884.9.50

295,700
231,800
389,000
91,900
SOCOO.i

495,000
360,1^.00

14.7.OS.700

5.265.4lXi
2.i'91,70fl

tion.

deviations from returns of previous week are as follows
»S8i,7ao Net deposits
Deo.
435.000
Dec.
Dec. 1.614.200 Circulation
266200
Inc.

Do

Includes Gre.at Western Road since October.
t Freight earnings.
1*88 construction material carried.
^^ Northern Division.
Included in Central PaciHc earnings above.

94.600
423,000
4^1,200
l-^.tOO
121,200
109,000

767,900
158,900
679.700
160,600
197.600

.

*

44.1,000
6'4.5oo

l.O'lS.ooo

5O0,OO(J

Brooklyn Ele. stockf

646,785
648,512
3,081,64
2.590,731
682, 54o
472,336
20,304,791 18,197,829
1,011.006
272,219
862.888
804,615
11,915,643 10,056,945
778,902
686,945

181.100
656.700
86.000

53",,4()0

Atl.A P.jlks.,30p.c....
Best. H. &E., newst'k

111,983,283
111,324,279
11356,583

6,2-4,100
8.595,000
3,5Jl.800

l.Uo.OoO

8,347.200

Loans and discounts
Specie
LeKal tenders

"

6,oO'.,000

819.700

2,952,600

450,000
200,000
700,000
1,000,000
500,000
3,000.000
600,000
500,000
500,000

..

8,883.000

8is.0fl0
1,134,''00

l7.6n9.S0O

5,86-MnC

Oircuioa.

«
723,000

U.14O.00C

8.93l).B0C

depots

other

than V.

9J.400
121.400

6.613.300

Germania
IT. 8. Nat
Lincoln Nat
Tntfil.

W'i.OOO
519,000
6S3,^00
636,400
822,000
1,551.500

4.626.700
0,389,400

2,000,000
800,000
760,001
500,000
1,000,000
300,000
250,000
200,000
750,000
300,000
100,00C

N.

1,468,000
1,071,000

';.46-,',C00

7.8IB.00(,

Park
Wall St. Natlon'l
North River
2-lU,0UO
Bast River
250,000
Fourth National. 8,200,000
Central Nat
Second Natlon'l
Ninth National..
First National..
Third National ..
.^. T. Nat. Exch..
Bowery National

8,423.000
7.409.000

1,000,000
422,700
1,500,000

8t. .Nicholas

1

Cal..

t

s
New York
2,000,000
Manhattan Co... 2,050,000
Uerchunca
8,000,000
Mechanics*..
2,000,000
Onion
1,200,000
America
8,000,000
Phoenix.
1,000,000
City
1,000,000
Tradesmen's
1,000,000
Fulton
600,000
Chemical
300,000
Merch'nts' Exch, 1,000,000
Gallatin Natlon'l 1,000,000
Butxhers'&D.-ov.
800,000
Mechanics' A Tr.
200,000
Gree-iwlch
200.000
Leather Man'f'rs
600,000
Seventh Ward...
800,000
State of N. York
800,000
American Exch
5,000,000
Commerce
5,000,000
Broadway
1,000,000

Net

Legal
Tender).

Specie.

ditcountB.

1881.

A1a.Gt,8onthern .VURiist....

Oregon A

Loans and

Latest Date.

7^

103
9

stijck

i West, com

10»4

liial

*

Premlnm.

t

Ajiessmcnt paid.

September

lilE

30, 1883.]

CHRONICLE.

per mile. It is expected that this extension will be completed
and in operation by December next."
As (o the apparent decrea.se of $255,000 in freight eaminea

%nxftsimtnts
AND

AND CORPORATION FINANCES.

SriTE, CITY

The Investobs' Sopplbmbnt eonlaina a complete exhibit of the
F'unded l)et.t of Stales and UUiei and of the Stocks and Bonds
It is published on the last
of Railroads and other Companies.
Saturday of every ci/ier month viz., February, April, June,
August, October and December, aad is furnislied without extra
charge to all regular subscribers of the Cheo:(ICLK, Single copies
are sold at $2 per copy,

—

ANNUAL REPORTS.

in 1881-2 as shown in the table below, the report says
the
real deficit in freight earnings is only $200,3*4, the ditf-rence
$55,184, being amount of rentals paid by the Memphis & Charl
leston and Alabama
Gr.-at Southern railroads, which was
heretofore included in the freight receipts, but since the ar-

rangement for rental for use of track only, the revenue derived
from this source has been credited to rents and privileges,
which account shows a corresponding increaiie. The decrease
in gross revenue from freight was the result of the drouth,
and
consequent short crops, which prevailed all over the conntrv
'
in 1881.

The following statistics have been prepared

Nashville Chattanooga & St. Louis.
(For the year ending June 30. 1882.)
The anaaal report is just now issued, and extracts from that
made at the annual racetiDg, before the printed copies
were ready, will be found in last week's Chuojjicle, on page
348. There was an excess of expenditures over receipts from
all sources, including the balance of June 30, 1881, amounting
to $320,507, and an increase in the item of "bills payable"
amounting to $412,607 ; the President remarks that this
increase in floating debt Is accounted for by the large amount
expended for betterments and extensions, and says that it can
all be liquidated by the sale of the bonds authorized to be
issued upon the completion of the McMinnville and Centreville
extensions and the disposition of the $144,000 Duck River bonds
held by the company. The mortgage debt as per last report
was $8,147,000, since which time there has been issued, main
stem first mortgage 7 per cent bonds, $992,000 ; Duck River
Valley second mortgage endorsed 6 per cent bonds, :^6,000
total debt, $9,145,000. There has been redeemed— Nashville &
Chattanooga Railroad endorsed 6 per cent bonds, $494,000; Nashville & Chattanooga Railroad unendorsed 6 per cent bonds,
$2,000— $496,000 leaving the mortgage indebtedness on June
30, 1882, $8,649,000.
The $992,000 first mortgage 7 per cent
bonds were issued in lieu of |500,000 due the United States,
which were redeemed on June 1, 1881, and the $494,000 endorsed 6 per cent bonds redeemed July 1, 1881.
During the year, 18 miles of 58-lb steel rails were laid upon
the Chattanooga Division, and 11 76 miles apon the Northwestern, a total of 29 -7(5 miles.
The President says " The expenditures upon the track were
rendered necessary by the condition of the Northwestern Road,
which in 1880 was in poor order and not safe for trains, except
at a low rate of speed. It is now in good erder and safe for
trains to
run
from thirty to forty miles per hour.
The details of improvements made are enumerated under
the head of Road Department. The rolling Ktock, which
two years ago was entirely inadequate for the business of the
road, has increased and improved to an extent which will
greatly facilitate the movement of freight and the comfort of
:

*

»

passengers."
your managementcan confidently
that the amount expended in improvements will, in the
future, largely increa.se the net revenue of your road, reducing the percentage of operating expenses, and will enable it to
cope successfully with competing lines."
EXTBSSI0S8.
" The extension of the Duck River Valley Railroad froa Petersburg to Fayetteville, 13 miles, was completed in April last,
and trains have been running since June 1. This eitension was
made in accordance with the lease of the Duck River Railroad,
at a cost to your company of 115,815 70. In addition to this
sum there is due the N. C. & St. L. railway $15,766 96 for moneys
advanced to pay the floating debt of this road, making a total
of $131,582 66. To offset this expenditure your company holds
$69,500 first mortgage and $75,000 second mortgage bonds of
the Duck River road, which, when sold, will be sufficient to repay the sums advanced.
" An agreement was entered into with White County for the
extension of the McMinnville road from Rock Island to Sparta,
White County agreeing to turn over to your company $30,000
of its bonds when the ro»d is finished four miles beyond Oaney
Fork River; also to provide the right of way. In pursuance of
this agreement work was commenced on the extausion in September, 1881, and it is expected to be completed by January
••

state

text.

"The Centreville branch has been extended from Graham to
Mill Creek, about four miles, and trains have been running since
December, 1881. The grading of five miles more has also been
Completed, aad iron is now beiiiEj laid, and a contract for the remaining three miles, to Duck River, has been entered into, and
the road will be ready for operation within two miles of Centreville by Oct. 15, and to the north bank of the river by
*
*
»
Dec. 1."

"An

agreement has been made with the Tennessee Coal Iron
to extend the Jasper branch from Victoria
to Inman, about live miles, for the purpose of rendering accessi-

& Railroad Company

immense deposits of iron 'ore at that point. The coal
company believe they will ship fifty to sixty cars per day, and
ble the

guarantee the shipment of thirty cars of ore daily
extension.
The coal company also agrees to
the road at its own expense and turn it over
company when finished, in consideration of the

and delivery

to

them

of

Nashville

over this
construct
to

your

issuance

Chattanooga

&

St.

Louis railway forty-year 6 per cent bonds, secured by first
mortgage on the extension, to an amount, at their par value,
equal to the cost of the road, not exceeding, however, $16,000

for the CuBOSiCLBr

ROAD AKD EgUIPMENT.
1878-79.

1879-80.

1880-81.

1881-82.

454
88
44

508
87
4G

821
81

530

1,025
1,184
3
4
VISUAL SEgULTS.
1878-79.
1879-80.

1,405

Miles operated

Locomotives
Pass., mall

and express curs

cure
Oilier oars
Fro,i)?ht

Saruinps—

$

$

Frflf,'ht
Miiil, eipress,

8T
58-

f>2

1,862

4

4

1830-81

idsi-ea.

9

441.545

5:m»..^87

$
562,945

.^80,560

1,231,171

l,501,OH!i

l,6I8,if.'l

1.303,3.5.%

PiiNM.'ii;<cr

reuU, &0

04,007

04,080

74,317

130,608'

Total gross eaniiUKS... 1,736,723
Total o|)erutlng expenses. .1,021,589

2,099,155
1,184.748

«,23fl,186

2.074,58a
1,240,091

914,407
66'43

878,009
61'08

Net earnings
P.

c.

715,184
59-82

opcrat'g exp. to eani'gs

1,378,177

833,592
59-8X

INCOME ACCOUNT.
1878-79.

Seeeipls—

$

Neteaniings

Bonds

sold,

715,134

1880-81.

1881-82.

914,407

878,009

833.592

1,000,175

s^i.oes

Biiburiemenla—
on debtand taxes.

UivUleiids

9
480.709
164,161

Kxteusiona
New equipment, &c
I>i V.

914.407

1,878.184

872.S9»

475,320
232,020
54,605
110.500
195,798

541,514

583,577
300,164
212.432
359,551

15,131

Intert'St

N. West.

1879-80.

&e

Total income

;

»

b7

iniprovem't

186.041

luiprovcmeut of track
Real estate
Other improvements
Total disbursementa... 708,015
Balance, surpliu or deficit. 8ur.7,llS
'

248,0dl

50,931

923.436

975,118

def. 9,020 atir903,06U

2,096,169
1.223,571

The surplus June 30. 1881 being $903,066, the
June 30, 1882, wa« only $320,507.
GENERAL BAI.ANCE, Jt;LY 1.

Deficit.

flciency

352,31S
40,008

25,021
26,144

57,145

Miscellaneous

9

re.il

<le

Assets.

18S0.
$14,3«0,89p
178,593
Assets not available
419,656
iivestui'ts in stocks A bonds.
13,000
Bank of Tenuessee notes
17,236
Bills receivabltt
93,875
Keal estate
129,249
Due from agents, &o
303,161
Cash

Koad and

ontflt

Total

.^

188>.

$14,932,355
192,024
366,450

26,483
93,875
80,428
418,596

1882.
$15,711,489
43!»,333

386,040
7,137
84.24S
1-.'1,94«
416..'»36

$*6,210,211

$17,166,797

$6,670,331
8,147,000
»42.675
247,081

$0,070,331
8.649,000
5 3,30*

83,481

153,600

13.9S1
80,757
153,600

102.491
279.610
63,U14
75,665
lD3,6tO

$15,515,673

$16,210,211

$17,10J,79T

$15,515,673
Liabilities.

Capital stock

•.

Bonded debt
""
" and loss.
Profit
Bills

payable

Individ ual deposits
15 luuuiity bonds

Balances due individuals, &o.
Interest coupons due July 1..
Dividends

53.03-141

Paj'-rolls, Aic

Inter'ston bonds held

Total

$6,848,899
14,360,899
206,178
404,222
54.139
22,500
34,534
212.315
14,248

by U. 8.

t7 1,305

1

659,6:»

GENERAL INVESTMENT NEWS.
Koston & New York Air-Line.—The suit of William J.
Hutchinson against the Boston & New York Air-Line and the
New York New Haven & Hartford railroad companies, to
restrain the execution of the lease of the former road to the
latter, was heard before Judge Wallace, in the United States
Circuit Court, at Syracuse. The brief of S. E. Baldwin, counsel for the Air-Line Company, urged that the plaintiff, who
holds 1,300 shares of common stock, had no other right than to
vote against the lea.se, which was made according to law and
the charter of the company. The directors of the New Haven
Company, Mr. Baldwin says, unite in the opinion that the rental under the lease is higher than the earning capacity of the
Air-Line road. No fraud or breach of trust on the part of the
the
Air- Line road's directors is charged. Only one director
New Haven Company owns any Air-Line stock, and he has one
share of common. The Court, Mr. Baldwin says, is asked by
the plaintiff to give a minority of the stockholders a powerwhich the Legislature has expressly denied, by making a three-

d

fourths vote conclusive as to lease.
Alphonse Dup.at. Auditor of the Air Line, deposes that m.
1880, when the arbitrators fixed the Air Line's pool perc|-nta!f«
six
at 5 per cent, the actual earnings of the road for the fiist
months were more than they were for the same period in 1882.
The 6 per cent received in 1880 was less in gioss amount th& a

THE CHRONICLE

372

the 5 per cent received ia 1882, showing great danger of a
reduction in percentage at the next arbitration, and hence a
He also
decreased dividend on the Air Line's preferred stock.
declares that the necessary repairs of the road will absorb for
several years to come all its revenues under the pool agreement.
He shows that at the same rate of increase in joint earnings as
ruled during the last seven years, with no extraordinary
expenses and with no change in its percentage in the pool, the
Air Line road would, at the end of the term of the nroposed
lease, have accumulated over $5,000,000 arrearages in dividends
on the preferred, ahead of the common stock. With the same
conditions it would take, under the present cooling scheme, 650
years before any dividend could be paid on the Air Line
common stock. Jud^e Wallace, after hearing the arguments,
dissolved the injunction.
Brookirn City Bonds.—Proposals were opened by Mayor
Low and Comptroller Semler for $400,000 4 per cent registered
sewerage fund bonds and $100,000 4 per cent registered tax
certificates maturing three years from the date of purchase.
AH the sewerage bonds went at 102-21J^. Of the tax certificates, $40,000 were awarded at 102-35 and $60,000 at 101-41.
for the month of
for the eight months was as follows:
Eight ilonths.
Aug.
Gross receipts. Net profits.
Net profits.
Gross reeeipls.
:^5o7,3l>2
$-289,850
$43,761
$91,4^2
135,ti49
425,815
31,993
72,009

Buffalo Pittsburg

August and

& Western.—Business

Branch

[?0L XXX\.

(siity-flve miles); the

Winnipeg and Pembina Mountain

Branch, which will be in operation as far as the town of Morris
(forty-live miles south of Winnipeg) by the end of the present
year, and the old Government line from Winnipeg to Stonewall (twenty miles), which is now w-orked by the Canadian
The entire length of the main line from MonPacific Railway.
treal to the Pacific Ocean is 2,650 miles, of which 1,416 miles ar«
in operation, or will be ready for traffic by the close of the present year. There yet remains a gap of about 610 miles between
the eastern and western divisions, and about 750 miles to be
constructed between the Pacific Ocean and the present terminus
Briefly to summarize, the constructed
of the western division.
mileage of the Canadian Pacific Kailway is at present as follows
:

Milu.
318

Eastern Division— Main line
Western Divlalon— Main line

1,098

Total main lloe conatructed

1,416

82
132

Eastern Division— Branches..
Western Division— Branches.

214

Total branches constructed

1,630

Total constructed

" In addition to the foregoing, upwards of 100 miles of branch
being constructed at the present time, and in a very
short time the total mileage of lines open for trafiie will be
1882
1881
upwards of 2,000 miles. The line has been well built and well
$131,487
$153,907 ballasted throughout, and is, in every respect, equal to any in
$11,768
$19,413
Increase
the Dominion. To give an idea of the rapidity of its construcCanadian Railways. A correspondent of the London Rail- tion, 500 miles have been completed this year, on which upway News gives the following account of Canadian railways: wards of 1,700 men were employed, getting wages equal to 9s. a
" At a time when the Dominion of Canada is attracting so much
day, and track-laying went on at the rate of from 3 to 3)6 miles
attention, not only as a field for emigration, but also as a health a day. By next spring passengers will be enabled, by taking
system
interesting
its
railway
may
be
resort, a few remarks on
steamer from Collingwood, near Toronto, to Thunder Bay, to
to the readers of your journal. The railway system of Lower travel through to Winnipeg, and for nearly 700 miles beyond,
throughout
the
Provinces
of
proper,
extends
Canada, or Canada
without going out of British territory.
Quebec, Ontario, New Brunswick and Nova Scotia, and also
"The Grand Trunk Railway, of the position and future prosPrince Edward's Island; indeed, there are few places of any im- pects of which your readers are kept well informed, commeneea
portance in the settled districts of these provinces that is not at Point Levi, opposite Quebec, and runs in a continuous line
supplied with railway communication; and over and above through Montreal and 'i'oronto to Detroit, a distance of 736
these the Canadian Pacific Railway have completed that por- miles; it has also its own line through New Hampshire and
tion of their main line which runs through the new Province of Maine to Portland, and has altogether about 200 miles of line
Manitoba, and are building branch lines to accommodate the in the United States. Together with the Great Western Railwants of the increasing number of settlers in all directions. way (806 miles) it now owns and operates nearly 2,300 miles of
The recent amalgamation of the Grand Trunk and the Great road.
Western railways has given to the former the entire control
"The Intercolonial Rai'wajf differs from the others in that it
of about half the constructed lines in the Provinces of Quebec is superintended by the Minister of Railways, and may be said
and Ontario, and it is the most powerful company in the to be practically a State Railway. It has a main line nearly 700
Dominion. Before going into any details, it may be as well to miles in length, from Point Levi, Quebec, to Halifax, and a few
give a tabulated list of tHe railways at present constructed, with short branches.
their mileage. There are altogether, in the four Lower Provinces,
"The CanadaSouthein is the only other line having a portion
Manitoba and Prince Edward's Island, fourteen railways, hav- of its road, about 60 miles, in the tfnited States.
ing a mileage of more than 100 miles, as follows:
"The North Shore Railway, only very recently incorporated,
•

,

.

•

lines are

—

Railways.

Uileaqe,

Canadian Pacific
Canada loutbei-u

1,630

Credit Valley

3o3
183

Grand Trunk

2,300

I

837
450
378
203
120
195

Intercolonial

Midland
Northern & NortUweetem
Jlew Brunswick
New Brunswick & Canada
North Shore

Province.

Ontario and Manitoba.
Ontario.
Ontario.

Ontario and Quebec.
Q., N. B. and N. S.
Ontario.
Ontario.
New Brunawiclr.

New Bruuawiek.
Quebec.

Prince Edward Island.
196
144
Quebec.
Quebec Ceutral
j
195
Ontario.
Toronto Grey & Bruce
WiuUao.- & Annapolis
116
Nova Scotia.
"The principal subsidiary lines, of which there are a great
number, all owning a less mileage than 100 mile.", may be briefly

Prince

Edward

leland

mentioned.
"Albert (45 miles), Frederick (22 miles\ Canada Atlantic MS
miles), Lewis & Kennebec (45 miles), Quebec & Lake St. John
(31 miles), St. Lawrence & Ottawa (54 miles), St. John & Maine
(92 miles). Southeastern (99 miles), and many others of purely
local interest.

" The Canadian Pacific Railway, or the C. P. R. Syndicate, as
it is usually termed, deserves more than a mere passing notice.
Formed with the intention of constructing a lice of railway
-from Lower Canada to the Pacific Ocean, through British
possessions, its gigantic undertaking seems already to be in
a fair way of being speedily accomplished. Starting from
Montreal it utilizes as far as Ottawa (119 miles) the western
division of the Quebec
Montreal Ottawa & Occidental
Kailway, which it has acquired thence it skirts the Ottawa
River as far as a place called Mattawa, a further distance of
299 miles. Mattawa is the present terminus of the constructed
portion of the eastern half of the main line. This main line,
from Montreal to Mattawa (318 miles), a branch from the
Grand Trunk line at Brockville to a point near Ottawa (46
miles), and two other short branches, constitute the whole of
the eastern division of the Canadian Pacific Railway as at present constructed, and all that it owns in Ontario. The western
division commences at Fort William, on Thunder Bay, and
runs in a northwesterly direction past the Lake of the Woods to
Winnipeg (435 miles), about sixty mi!es east of which it enters
the Province of Manitoba. From Winnipeg it runs in a
westerly direction through Portage-la-Prairie and Brandon to
Flat Creek, a distance of 178 miles, but it is graded and ready
for ballasting for a much further di.-.tanee. By the end of the
present year it is confidently expected that the line will be ready
for traffic, if not actually operated, for a distance of 663 mile's
In addition to the main line, the
-5/iest
of Winnipeg.
"western division comprises the St. Vincent & Winnipeg
;

was formerly the eastern division of the Quebec Montreal
Ottawa & Occidental Railway, now dissolved it has a main
line about 170 miles between Quebec and Montreal, and one or
two short branches. In addition to the Canadian Pacific Railway, two others have recently started in the Province of Manitoba, viz., the Portage Westbourne & Northwestern Railway,
which at the present time has about thirty miles constructed;
and the Southwestern Railway, which has about fifty miles in
;

operation. Estimating very roughly, it may be said that there
are about 8,000 miles of railroad at present in operation in
Canada, including Prince Edward Island and Manitoba."

—

Central lown. The Boston Transcript reported Sept. 22
that the directors of the company met in the office of Russell
Sage in New York recently and discussed the terms of a lease
of the property to the Chicago & Northwestern Railroad
Company. President Cate favored the completion of several
It was
branch roads before the lease should be made.
intimated at this meeting that the St. Paul and the Wabash
roads both stood ready to take the property on acceptable
terms. The terms of a lease to the Northwestern, as discussed,
were a guarantee of three per cent upon the common stock.
The executive committee of the Central Iowa have been giving
further consideration to the matter since this directors' meeting.

—

Central of New Jersey. The trustees under the mortgage
securing the adjustment bonds of the Jersey Central road
will October 2 designate by lot $50,000 of .said bonds to be
redeemed at par on and after November 1. The bonds bear 7
per cent interest and have been selling above par. This is the
first call, and a like amount is to be paid off each year until the
whole sum has been canceled. The total amount afloat is understood to be over $5,000,000, due in 1903.
CliarlotJc Colnmbl.i & Augusta.— This company has leased
the Chester & Lenoir Narrow Guage Railroad for a period of
99 years. This road runs from Chester, S. C, to Lenoir, Caldwell County, N. C. a distance of 110 miles. Seventy-two miles
of the road have been built and are now in running order. The
lessees guarantee the completion of the line from the present
terminus to Lenoir within 18 months from the date of lease.
They also guarantee the payment of 1)^ per cent on the stock
of the road in semi-annual dividends and assume all the bonded
and floating indebtedne.ss of the road, amounting to about
$2SO,000. The bonded debt is $250,000, $230,000 of which is
yet on hand and will be floated for the completion of the road
The lessees are authorized to issue bonds on the
to Newton.
road from Newton to the Lenoir terminus, the proceeds of the
sale of the bonds to be used for the construction, equipment,
and improvement of the railroad property. The report made

Sbftemoer

THE CHRONICI.E,

so, 1882.1

to the State Commission for the Charlotte Columbia & Augusta
Railroad, which is now operated by the Richmond & Danville
combination, shows a total income for the vear ending June ;J0,
18h2, of $590,935 ; the total expenses, including taxes for the
same period, amounted to $484,166, leaving as net income
the equipment
$126,768. During the year $55,737 was spent
and construction of the road, making the total cost of equipment and construction $.5,188,.')83. The total debt of the road
is $2,795,155, of which amount $2,506,000 is funded, and $239,155

m

unfunded.

Chicago

St.

Panl Minneapolis & Omnha.—The annual

report of the Chicago St. Paul Minneapolis & Omaha Railroad
Company for the fiscal year ending June 30, 1882, made to the
Railroad CommissioDf rs of Wisconsin, as telegraphed from the
West, shows that the total income from all sources wa.s
$5,471,589. Total earnings, passenger department, $1,330,675 ;
total earnings, freight department, $3,236,377. The operating
expenses were $2,695,590. Taxes. $151,162; rentals, $28,6,55 ;
interest, $918,742 ; dividends, $925,451. The balance for the
The amount of common stock is
fiscal year was $751,987.
$18,573,233 ; preferred stock, $10,759,933; total bonded indebtedness, $19,546,675. The total number of miles of track owned
by the company is 1,001— in Wisconsin, 323 ; in Nebraska, 189 ;
in Iowa, 7C in Minnesota, 356 ; in Dakota, 56.
;

373

by the stockholders at their convention in Huntsville, Ala., on
August 22 last, holders of stock of the Memphis & Charleston
have the privilegH of subscribing, according to the
terms authorized by the stockholders and fixed by the committee appointed by the board of directors upon application
to the Real Estate Trust Co., No. 115 Broadway, New York,
for the common stock to be issued upon said railroad to an
amount equal to their prasent holding at 12 per cent of its faca
value, the privilege to extend to the 10th day of October next.
The payment of the 12 per cent will be due upon the delivery
of the Trust Company s certificate representing the commoa
Rlt. Co. will

stock.

—

An ininnction wasobtained in Tennessee, on the application
of a stockholder, forbidding the issue of new stock and the
execution of the agreement with the East Tennessee Virginia
& Georgia Company for a surrender of the lease. Has this
injunction been dissolved?
Milwaukee Luke Shore

k Western.—The

annnal statement

for the year ending .lune 30, 1882, as prepared for the Railroad
Commissioners of Wisconsin, shows
:

Gross earnings
Operating e.<pensc8 and taxes

$803,270
491,314

Net earnings

$311,955
174,901

Interest except on Incomes

Cincinnati & Sonthcastern.— The Cincinnati Enquirer
Surplus
.4
$137,0S4
says: "This road is, indeed, in a bad fix, and unless matters are
amicably adjusted, will be disposed of by the Sheriff of CampNew Mexico k Arizona.—ATcrasoir, Kan., September 23.
bell County, Ky., in the very near future. A few weeks ago
The New Mexico & Arizona road is now operated from Benson
Messrs. Dickinson & Co. of New York, contractors for the con- to Calabasas, on the southern border of Arizona. This is the
struction of the road, filed a suit against the company for road which is to connect the Sonora road from Guayinas, on
$134,000 in the Chancery Court at Newport, for labor done on the Gulf of California, with the Santa Fe. The Sonora road is
the road, and for damages sustained by the company failing to completed to Magdalena, a Mexican town, about sixty miles
comply with their contract." * » * " The road will, in all south of Calabasas, and a stage covers the distance between the
firobability, be sold, as there seems no other outlet for it. ends of the railroads, which are being constructed as rapidly as
ncluding the amount paid for right of way, there have been possible. It is expected that this gap will be closed up within
over $225,000 expended on the road."
thirty days. When the line is opened to Guaymas, nearly
Danville Olney & Ohio River.— The annual meeting of 1,700 miles distant from Atchison, it will be operated by the
this railroad company was held at Kansas, 111., on the 20th inst., Santa Fe, and the whole line will be the longest railroad in the
and the old board of directors was re-elected. At a subsequent world under one management. This new line will also open the
meeting of the directors the following-named oflicers were shortest route to Australia, 1,400 miles shorter than by way of
chosen: President, Parker C. Chandler; Vice-President and San Francisco. The harbor at Guaymas is said to be one of the
General Manager, James R. Maxwell; Treasurer, Charles A. finest on the Pacific coast.— Si. Louis Globe-Democrat.
Hovey; Secretary, William H. Brown.
New York Lackawanna & Western.—This double-track
Indianapolis Decatur & Spriiigneld.— An Indianapolis road from Binghamton to Buffalo and the International Bridge
dispatch says " The projected extension of the Indianapolis is now finished. The length of the new road from Binghamton
Decatur & Springfield division of the Indiana Bloomington & to Buffalo is 204 miles, making the distance from New York to
Western to St. Louis has been abandoned for the present, Buffalo 414 mi'.es, against 423 by the Erie and 440 by the
:

owing
are

to the stringency in

now on

foot

the

money market.

Negotiations

by which the Indiana Bloomington

& Western

Louis over the Wabash line from

probably enter St.
Decatur to that city."

will

—

;

;

The
new mortgage bonds

directors decided to issue $2,000,000 of
to put the road and its equipments in

order.

Long Island Railroad.—From

Oct.

1,

1881, to Sept. 23, 1882,

the increase in gross earnings was as follows: Passengers, $199,569; freight, $39,794; express, 68,239; mail, $5,917; telegraph,
$725; annex, $3,374; total, $317,621.

a semi-annual

June 30,
1882, it is learned that the general income account shows a
deficiency for the six months of $66,114. This is brought about
by a large decrease in freight earnings and a small increase in.
operating expenses. The passenger business of the road shows
a handsome increase of 34 per cent over the same period o£
1881. The freight earnings for the first six months of 1882 were
$1 994,974 ; same period 1881, $2,120,793 decrease, $125,819.
Passenger earnings for first six months of 1882, $592,414 ; 1881,
$518,840 ; increase, $73,574. The earnings from mail, express and mi.scellaneous sources are about the same for both
years. Total gross earnings from January 1 to June 30, 1881, $2,729,990 ; same period 1882, $2,678,829. The cost of operating
in 1631 was $1,921,397 ; in 1882, $1,933,359 ; an increase of $11,The total net earnings for the perioi was as follows
961.
1881, $808,592 ; 1882, $745,470; a decreass of $63,122.
report

Indiana Illinois & loflra.—Sixty-three miles of this road,
from Streator to Momence, are now in operation. The contracts for fi£t.y miles more from Momence to North Judson have
just been awarded, on which work is to be pushed forward
rapidly. Mr. Joel D. Harvey is President of this road.
Indianapolis & St. Louis. On September 26, the reorganization of this company was completed by the election of J. H.
Devereaux as President Stevenson I3urk, Vice-President E.
B. Thomas, General Manager, and George H. Russell, Treasurer, all of Cleveland. The consolidation with the Cleveland
Columbus Cincinnati & Indianapolis Company will not take place
until February.

New York Central.
New York Pennsylvania & Ohio.—From
made by

this

company

for the half-year ending

New York Stock Exchange— New Securities.—The governing committee has admitted the following stocks and bonds to
the list
Atchison Topbka & Sant.v Fk R ui,ro.\d.— Six per cent sinking fand
scoured bonds, bearing date December 1, 1881. and maturing la 1911,
Interest payable somi-anuurilly, $.>,000,000. These bonds arc secured
by an indenture of trust to the Boston Safe Deposit <k Trust Company.
Tliey arc not a mortgage uiion tht^ road, but tuo company's direct obli-

Louisville & Nashrille— Chicago k Eastern Illinois.— It
reported in the newspapers thai the Chicago & Eastern Illinois is about to be absorbed by the Louisville & Nashville
Railroad Company. The fact that the Louisville & Nashville gation. They are icdeeniubie at 103 In December of each year to the
had obtained a controlling interest in the Chicago & Eastern extent of I per cent of tlie amount outstanding for the first ton years.
After the expiration of tliat i>criod the amount redcemabio will be at
Illinois, and also in the Evansville & Terre Haute Railroad was
3 per cent in caeli year, and if the tiorids are not pnroliased they
known about a year ago. These two roads were to have been least
are to bo drawn by lot. Tliey are secured by a deposit of the following
consolidated with the Louisville & Nashville when the Supreme bonds of the face value of $1,100 for every $1,000 i8suo<l
First mortCourt of the United States gave a decision setting aside the gage 7 per rent bouda of the Elk & Chatauqua Railroad, ll'8l miles,
mile. First mortgage G per cent bonds of the
per
$12,000
limited
to
sale of the old Chicago Danville & Vinoennes Railroad, to which
New Mexico ii Arizona Railroad, 03 miles, limited to $23,000 per mile.
the Chicago & Eastern Illinois is the successor. Negotiations First mortgage por cent bonds of tlm Manhattan Alma & Burlingame
have been in progress for some time past to compromise the Railroad, 5(i't;j miles, limited to $12,000 per mile. Second mortg.^o6
suit with the stockholders of the old Danville & Vincennes, and per cent bonds Now Mexico ife Southern F.ioiflo Railroad, 3720H miles,
fimltod to $! 0,000 per mile, subjoct to a llrst mortgige limited to
if the difficulties are settled, it is said that the Louisville &
SI 5.000 per mile. Second mortgage 6 per cent bonds Marion <fe MoNashville will take possession of the road.
Phersou Railroad, 9S-(5l miles, limited to $9,000 per mile, subject to
mortgage limited to $7,000 per milo. First mortgage 6 i>or cent
Maryland State Bonds. The board of public works have first
l)onds Marlon <fe McPUerson Extension, 5'2U miles, limited to $3.j,000
decided to adverti-se for the exchange of the Maryland defense per mile.
Amkkican TF,i,KGRArn& Cable CoMr.vNT.— Capital stock. $1 l,0.)0.000,
loan provided for by the late act of Assembly. The new certificates
of the entire issue of $20,000,000 guaranteed
of indebtedness advertised for are not to exceed in amount the representing the amount
by the W<'«tcrn Union Teb'graph Company. The aiiplieation states that
sum of $3,000,000, and are to bear interest at the rate of three the capital stock is tlio company's only liability. Its .assets are stated to
and sixty-five hundredths per cent, payable semi-annually on the be the two transatlantiu cables between Engl.ind and Nova Scotia, the
Ist of January and July in each year, and are redeemable in pooling agreement witl> the o her companies providing for its receipt of
I2I3 per cent of the entire income wliilo one entile is working, and 22'fl
fifteen years from date of their issue.
The proposals for such per
cent when both are in operation, and the concession from the
exchange are to be not less than par, and will be received at Emporor of Brazil for the laving of a cable between that country and
the Treasurer's office from and after the expiration of three the United States. The additioiiHl issue of $6,000,000 of stock is held
with i lie construction company, by which
months. The new certificates of indebtedness issued on such in trust under an agreement
that conip.iny agrees to 1 IV the Brazilian cable, receiving the stock oa
exchange are to bear interest at the rate of 6 per cent until consideration tlicrcfor sliould the cable bo in operation within Are
maturity of the defense loan on the 1st of January, 1884.
"rKXAS Central Railway Comtant— Flr.it mort>.agc 7 percent glnkMemphis & Charleston. Notice is given to stockholders mg
fund gold bonds dated September 13, 1879, and maturing in 1909,
that under date of Sept. 27, pursuant to resolutions adopted oh 33 miles of new road, $504,000.
is

:

—

—

THE CHRONICLE.

374

Cbntbal Railroad.— Leased line 4 per cent stock issued In
of the stock of the Chicago St. Louis <fe New Orleans road at

Illinois

exchange

par, $10,000,000.
Minni;ai'oli8 Union

Kailwat Company. -First MortRane 6

per cent

1, 1882, aud maturing July I, 1922. Nos. 1 to
principal and Interest Buarantced by the St. Paul
Minneapolis & Maiiitolja Company, $1,500,000. This road is bnilt to
connect the liue« contrins at the Union Stock Yards, St. Paul, with the
lines oo the west Bide of lliu MlKsisslppi liiver, at Minneapolis, and to
furnish n uiion piisscnger station aud transfer facilities uolween the
St. Paul Minneapolis & Manitoba, Nsrthern Pacific, Chicago St. Paul.
Mluncajiolis & Ouialia, Minneapolis & St. Louis aud Chicago Milwaukee
&St. Paul lo.ids, in Minncitpcilis, aud will cover about three miles of
railway, with four tracks and a r" 'uble track, stone-arclicd bridge
across the Mississippi Kiver at Minneapolis; also a large union
passenger station and depot grounds In Minneapolis. Its capital stock
fa $1,000,000, aud it is authorized to Issue double the amount of bonds

bonds, dated March
l.'i.OOO Inclusive,

now

lisied.

New York Citv & Northern.—Eecelpts of the Farmers' Loan and
Trust Compauy for the first mortgage bonds deposited with it under the
agieemcnt of the bondholders at the meeting held on July 10 last.
BuHLiNGTOs Cedar Rapii>s & Northern Railway.— First mortgage
5 per cent gold bonds, covering 153 mlics of road, now in full operation
from Holland to Spli It Lake, maturing in 1921, Nos. 826 to 2,.'30O Inclusive, .$1,475,000. The first 825 bonds are retained in trust tor the
redemption of the $823,000 6 per cent bonds already issued by the
compauy.

MiLWABKEE Lakk SHORE & WESTERN RAILWAY.— Additional common
Block issued in accordance with a vote of more than two-thirds of the
stockholders $1,000,000, making the company's capital $7,0u0,0<. 0.
Norfolk & Western. The statement of earnings and expenses
for August and for the eight months is as follows:
Aug.
,—Jan. 1 to Aug. 31.^
1882.
1881.
1882.
1881.
.$I9i),122
Grossoarnings
,. $222,100
$1,438,654 $1,3G».B27
10(>,540
Expeuses
96,725
748,3ii5
833,832

—

$113,620

$601,822

$39,397

$616,231

—

Northern Central. The followinj? is a comparative statement of earnings of the Northern Central Railroad for August,
and for the first eight months of the year:
Elqht Months
ended August 31.

/
.

August.
1882.
1831.

.

^

1882.
$3,828,842

$3,600,688

1881.

$667,488

$198,008

Operating expenses.... $276,299
Extraordln'y expenses.
19,968

$.ilO,671

93,002

$2,159,787
197,818

$2,188,621
214,007

Total exjienses

$296,207

$403,673

$2,357,635

$2,402,628

Notearnlngs

$371,221

$94,335

$1,471,237

$1,198,060

Gross earnings

XXXV.

holders last June, butftuly about half taken, as Northern CenThis issue of Northern
tral stock was then selling below par.
Central stock was made to pay for the purchase of st' ick of the
Union Railroad (of Baltimore). The purchase by the Pennsylvania Railroad was made at the pre.sent market price of Northern Central shares. The object of the Pennsylvania Railroad in
making the purchase is to secure the majority of the stock of
the Northern Central Railway, which this investment gives.

Philadelphia & Reiiding.— The gross receipts from the
railroads, canals, steam colliers and coal barges in August
were $1,97.5,993 and the net receipts $950,085; for the fiscal year
since Nov. 30, 1881, the gross receipts were $15,384,830 and the
net receipts $6,630,266. The gross receipts of the Philadelphia
& Reading Coal & Iron Co. in August were $1,615,208 and net
$221,214; since Nov. 30 gross receipts, $10,690,717; net. $660,953.
The total receipts of both companies together for each month
of the fiscal year have been as follows
-Gross Receipts.-.Ve* Beceifils.1880-81.
1881-82.
1880-81.
1881-82.
$2,237,045
231.677
.$340,456
$937,542December
2,1.33.378
2.431,166
5.34,769
January
646,9l»2,169,003
2,140,053
631.402
February
438,85*
2,.i2.M08
2.587,720
716.709
635.44»March
2.382,506
2,099,706
580,039
708.304
April
2,051,260
2,87^,009
823,854
780.574
May
2,8.30,905
3,017.983
839,3 lO
844.174
Juno
7;iO
3.129.316
3,448.
091
,060
1
1,108,307
July
3,.322,.426
3,591.201
1,133,2(;6
1,171,29*
August
:

,

.

Net earnings

[Vol.

Oregon Transcontinental.

—

$23,591,997 $26,075,357
$6,934,835
$7,291,218
coal tonnage has been as follows, viz.: Carried on the
railroad in August, 819,511 tons, against 818,890 tons in August^
1881 and for nine month.s. 5,914,172 tons in 1881-82, against
5,647,080 tons in 1880-81. The total mined by the Coal & Iron
Co. and by tenants was 566,432 tons in August, against 576,872
tons in August, 1881; and for the nine months, 3,908,373 tons,
against 3,730,864 tons in 1880-81.
The receivers give notice that they will purchase on and
after October 2, 1882, the coupons due October 1, 1882. of the
Pickering Valley Railroad Company's bonds, at the rate of 4
per cent per annum, "it being understood and agreed to on the
part of the receivers that the principal of all the said bonds and
all after accruing interest thereon shall retain priority of lien
over the coupons and interest so purcha-sed." Also, that they
will purchase on and after October 10,1882, the interest coupons due July 1, 1882, of the mortgage loan of 1870-1895, of the
Shuylkill Navigation Company guaranteed by the Philadelphia
& Reading Railroad Company at the rate of 5 per cent per
annum, with the same understanding as in the Pickering Valley
Total

The
;

—

President Villard issued the
following " Statements submitted to the executive committee
Thursday showed a fund immediately available for dividends
amounting to nearly $4,000,000, and further an additional estimated income during 1883 of nearly $3,000,000. The executive
committee recommended to the full board of directors that reg- case.
The McCalmonts have closed out their remaininsr interest
ular quarterly dividends be commenced in January next, and
junior securities of this road, through Messrs. De Haven
that the first one, in pursuance of con.servative policy, should in the
Townsend, of this city. The latter house has negotiated the
&
the
rate
at
of
per
cent
only.
be
l)s
The rates of dividends
Reading securities for the McCalthus recommended for January will, of course, justify larger sale of about $5,000,000 of
said that the entire sum has been sold
dividends thereafter, as the diyidend fund will remain unim- monts, and it may be
Philadelphia capitalists and their friends. The purchase of
paired. The meeting of the executive committee voted fur- to
amounts by people who have become thoroughly
ther to recommend to the board of directors an additional such large
with the affairs of the Reading Railroad Companyissue of $10,000,000 capital stock for the purpose, under exist- conversant
is doing better than the
ing contracts, of delivering 50,000 shares of Oregon & Trans- seems to be a guarantee that the road
Surely no clique of men would'
continental Company's stock to a syndicate, in exchange for an general public believes.
being
«qnal amount of preferred stock of the Northern Pacific Rail- blindly invest $5,000,000 in one undertaking without
value.— P/iii. Record.
road, and for paying for further amounts of Oregon Railway & convinced of its future
Railroad Construction (New). The latest information of
Navigation stock which it expects to acquire by contract during
the next fifteen months, as well as for working capital for con- the completion of track on new railroads is as follows
Burlington Cedar Rapids & Northern.— Track on the Paoiflo Division
structing branch roads should the condition of the market
is extruded from Spirit Lake, la., northwest 15 miles.
render further issues of bonds undesirable."
Chicago & Northwestern.- Track on the Sioux Rapids Branch is exPennsylrania Railroad. The gross and net earnings in tended fromPcterBon, la., west to Orange, 23 miles.
Genesee Valley.— Track laid between Portagcville, N. Y., and Nunda,
August, and from January 1 to September 1, in 1881 and 1882,
:

—

—

—

are specially compiled for the Chronicle in the table below.
In August, 1882, there was an increase of $861,201 in gross
earnings and an increase of $588,356 in net earnings. For the
eight months there was an increase in 1882 of $2,326,943 in gross,
and a decrease of $62,553 in net, earnings.
ALL LINES EAST OF PrTTSBOBO AND ERIB.
.

January
February

March
April

May
June
July

August
Total

Oross Earnings.
1831.
1882.
$3,189,215
$3,373,321
3,095,614
3,306,730
3,S44,.304
3,912,293
3,760,372
3,853,8.30
4,108.X77
3,856,897
3,807,4:i7
4.093,736
3,780,418
4,149,150
3,809,978
4,671,179

-Net Earniiigs.1881.
"18S2.

,

$29,144,235

$31,471,176

$1,206,861
1,158,104
1,799,226
1,635,810
1,688,610
1,488,543
1,490,971
1,414,504

$1,074,260
1,079,621
1,415,802
1,319,311
1,766,789
1,531,333
1,647,093
2,032,800

$11,932,629

$11,870,075

As

to the lines west ot Pittsburg and Erie, the monthly
reports issued in 1881 aud for the current year show the results
below. The company's report, however, states a loss this year
against the year 1881 of $1,548,418.

ALL LINES WEST OP PITTSBURG
Net Surplus over
1881.

January
February

March
April

May

Juue
July
August
Nettotal

$381,539
143,197
411.901
496,764
218,482
Def. .".6.400

178,333
355,771

*;

ERIE.

all Liabilities.
.

Inc. or Dee. in

1882.

$9,741
Det. 121,307
36,332
17,017
Dof. 101,556
38,886
336.347
290,563

1882.

Dec.
Dec.
Dec.
Dec.
Dec.
Inc..
Inc..

Dec.

$371,798
201,801
405,369
479,717
320.0:18
95,-'8H

157,814
05,709

Dec. $1,653,833
Pennsylranla Railroad— Northern Central,— The direct$2,160,087

$506,232

ors of the Pennsylvania Railroad have decided to purchase the
xmissmed remainder of the $600,000 of stock of the Northern
Central Railway which was offered for allotment to the stock-

8 miles.

Nevada & Oregon.— Extended northward

to Ix>ng Valley, California,.

13 miles. Gaufje 3 feet.
New Orleans & Northeastern.-Track laid from Meridian, Miss., south
by West to Enterprise, 27 miles. Gauge 5 feet.
Oregon Railway & Navigation Co.— Tlie Baker City Branch is extended southeast to Pendleton, Oiegon, 5 miles.
Pittsburg Chartiers &. Youghlogheny.—Track laid from Chartierg, Pa.,.
west 3 miles.
Toledo Cinciiinati A St. Louis.— Track laid from Ramiay, 111., west by
south to t illmore, 15 miles. GauKe 3 feet.
Western North Carolina.— The track is extended southwest to WayneN. C, 8 miles.
This is a total of 121 miles of new railroad, making 7,235 miles thusfar this year, against 4,774 miles reported at the corresponding time
in 1881, 3,607 miles in 1880, 2,224 miles in 1879, 1,267 miles iu 1878,
1,396 miles in 1877, 1,677 miles In 1876. 804 miles iu ls73, 1,396 mile*
iu 1874, 2,778 miles in 1873 ana 4,970 miles iu 1872.— iiai/roud
ville,

aazette.

—

Wisconsin Ceufral— Milwaukee & Lake Winnebago. The^
Milwaukee & Lake Winnebago Railroad, being built in the
interest of the Wisconsin Central, from Neenah to Milwaukee,,
is fast approaching completion, and will be ready for regular
trains about October 31. From Neenah to Oshkosh the road
runs side by side with the Chicago & Northwestern, from Oshkosh to Fond du Lie the two roads do not diverge many rods
at any place. From Fond du Lac the new road extends to
Schleisingerville, and then runs into Milwaukee over the track
of the Chicago Milwaukee & St. Paul.

—

Attention is called to the one hundredth dividend of live
per cent of the Gallatin National Bank, payable Oct. 10, 1SS3.
The stockholders of this bank must be well satisfied with the
record of this institution
Attention is called to the list of coupons to be paid at thfr
office of Messrs. Jesap, Paton & Co., this city, on ana after Oct,

—

2,

1882.

—The

St. ;Paul Minneapolis & Manitoba second mortgage
coupons, due Oct. 1, will be paid by Messrs. J. S. Kennedy & Co.

Skptrmber

THE

30, l«8'i.]

CHR(.^NICLG.

875

COTTON.
COMMERCIAL EPITOME.
Frtdat Nioht, Sept.

The weather

in this latitude

unfavorable to trade.

29, 1883.

during the past week has been

New York the fall of
much damage

In the vicinity of

rain has been excessive, causing floods which did

to mill property and bridges, delaying transportation In
directions and causing

some

loss of life.

has also been much disturbed, a heavy
effect of speculative manipulation.

since

September

1,

at—

Sat.

all

Reeeipto

The money market

Oal veston

failure

At the

Frisat, p. M., September 20, 1883.
op t'hb Crop, as indicated by oar telegrams
from the South to-night, is given below. For the week endintr
this evening (Sept. 29) the total receipts have reached 136,471
bales, against 77,323 baJes last week, 49,512 bales the preTioos
we«k and 28,C88 bales three weeks since ; making the total
receipts since the 1st of September, 1882, 296,957 baies, against
429,777 bales for the same period of 1881, libowinjr a decrease

The Motbmbnt

adding to the

close,

however, the

money market is less active and the weather more settled.
The market for provisions has shown much strength in

the

prime Western on the spot, and

Pt. Ro^al,

New York
Boston
Baltimore

in very light stock.

5,874
2,607

1,986

2.703

1,111

3,983

6,200

5,091

3,518

4,196

604

4,404
1,080

26,513
1.062
23,941
11,950

49

49

5,381

5,781

5,272

31,717

677

677

3.159

3,222

4,355

3,103

21,553

i,237

702

711

598

4
824

4,676

1,084

1,130

1,694

1,029

2.258
1,715

9,961
1,715

1

116

432

1
2,303

Sic.

Butter and cheese

1,83"

atyPoint.Ac.

Bacon was nominal at

a scarcity of present supplies of their products.

Beef and beef hams are

4,.'502

lolaL

3,045
1,002
4.707
3,077

Bruusw'k, &0.

Cutmeats are scarce and very firmly

Swine are arriving now more freely at the Western maris

2,40
1,282

fri.

TKurt.

Florida

Norfolk

kets, but there

6,023

Savannab

closed at 12-97?^c. for October, 12-55c. for November, 12-02i^c.

held.

9.203

Mobile

Wilmington ....
Mareb'd C.,4c

14J4@15c. for long clear.

Wed.

2.325

Indianola, dec.
Orleans...

Mess pork closed at $31 75 en the spot and for November-

for December and 11 75c. for January.

Tita.

6,611

New

Oiiarleston

at 13c. for

Hon.

3,300

.

past week, and the speculation in lard was to-day quite active.

Lard sold to-day

1882. of 132,820 bales.

435

859
169
50

4S3

40

PMladeli^'a, &c.

4

169

92

totalu tbts week 10,20l| 27,438| 21,0161 19,768| 24.584 26.872|136.479

For coranarison. we give the following table showing the week's
the total since Sept.l. 1882, and the stocks to-night,
and the same items for the corresponding periods of last year:
total receipts,

have ruled slightly dearer, especially for choice qualities.

low

closes at

tive

summary

Oleomargarine quoted at ll%c.

8%c.

of aggregate exports

Pork
Bacon
lard

18B1-2.
44, .533,(500

lbs.
lbs.
Iba.

Total

348,1S4,9G3
221,<J«l,01j

614,700,178

lbs.

from Nov.

Tal

Compara-

1 to Sept. 23:

lSSO-1.

55.079.000
630,385,363
295,158,058
980,623,021

Decrense 1882
10,545,400
282.200,400
73,177,043

365,922,843

Thit
Week.

Galveston
IndianoIa,&c

New Orleans...
Mobile

ilio coffee

has been dull and more or

Bales for future at

some

less

decline, or 6'75c. for

depressed, with

November, De-

7 7-16c. for fair
Centrifugal; latterly the market for raw has been to a great
extent nominal, owing to a steady decline in refined, which
closes quiet at 9c. for standard "A," SJ^e. for powdered, 9Mc.
for granulated and

9% for crushed. The

statistical position of

following shows the

raw

KeceJpts since Sept. 1
Sales since Sept. 1

8toek Sept. 27, 1882
Stock Sept. 28, 1881

31,372
47.850
48,571
71,410

Boxei.

01
5.33.^

7,G88

BaQS.
Melarto.
307,377
123
311,719
49
523,003
312
764,092
118

Kentucky tobacco has been very dull; sales for the week 106
hhds. for export and 105 hhds. for consumption; total, 211
hhds. Prices are nominal; lugs 6(a7/^c. and leaf 8@12J^c
Seedleaf continues to meet with a brisk demand, and sales for
the week are 3,525 cases as follows: 1,000 cases 1881 crop New
England Honsatonic assorted 18@24c. and Hartford County
wrappers 153e5c.; 800 cases 1881 crop Wisconsin Havana seed
assorted 16@20c 100 cases ISSl crop Wisconsin broad leaf
private terms; 800 cases 1880 crop Pennsylvania good assorted
10}^@12>^c., and wrappers 16@25c.; 325 cases 1881 crop Penn;

sylvania assorted private terms; 200 cases 1881 crop State flats
private terms, and 300 eases 1880 crop Ohio 6@7>6c. Also 350

Week.

1,1881.

70,792
4.634
39,283

18,.M4

76.484
1.344

527

49,089
4
7,546
282
17,404
3,763
1,006
3.516

17,790
10
4,036

1.6J5
02,502
14
10,961

180

292

17.110
3,530
39)
1,574

627

585
300

41,943
12,62:
1,526
3.063
3,065
974

210

21,55.1

4

4,076
9,961
1,713
1

2,399
169
92

1,29s

136.470

290,93';

;

;

2!),925

57,366

40,723 121.560
5,461 13,663

395
100,626

131.7o6|

1881.

39,580

43,926

30,137

27.864

6,641

7,403

3,476

11,443

47,253
1,790

86,795
4,293
3,254
4,312

6,211
4,608

214.807 331,905

429.77';

la order that comparison may be made witli other years,
give below the totals at leading ports tor six seasons.

at—

1882.

.1881.

19,260
33.958
8,316
27.023
17,800
4,210

1880.

1879.

1878.

13,240
26.497

17,910
30,530
14,692
33,480
22,725
4,1 OS
24.425
12,347

20,173
12,414
6,394
38,833
29,769

wa

1877.

Obarl'st'n.Ac
Wllm'gt'n, Ac
Norfolk, &o..
AH others

27,375
23,911
11,930
31.717
21,537
4,676
11,670
3,387

Tot.thlsw'k.

130,479

134,736

172,221

162,303

130,990

70.040

Since Sept. 1.

290,957

429.777

493.604

410,939

377,443

153,111

Qalvest'n.&o.
New Orleans.

Mobile

Savannah

20,65:i

3,531

7.831

39.399
34.227
5,633
33.3 >3
7,021

5,461
16,247
3,679

13,104
9,til9

6,326
17,507
12.624
2.439
6.273
1.613

Galveston includes India ola; Cliarleston moludes Port Royal, Ac;
Wilmingion includes Morehead City, Ac.: Norfolk includes City. Point, Ac.
The export*! for the week ending this eveninsr reach a total
of 45,237 bales, of which 31,552 were to Great Britain, 7,936 to
France and 5.749 to the rest of the Continent, while the stocks
as made np this evening are now 214,807 bales.
Below are the
exports for the week and since September 1. 1882.

Week Emtint

Naval stores have been firm, but the close is a little doll at
f 1 87/^ for strained rosin and 46^c. for spirits turpentine. Petroleum has been steady for refined on the spot, closing at 7Me., but
certificates were tc-day active and buoyant closing at 89%c. for
Oct., 91%c. for Nov., 93%c. for Dec. and 95%c. for Jan. Oils
have been quiet. Metals in fair demand. Wool is rather quiet.
Hops are quoted at 60@67c., but close unsettled.
Ocean freights have teen varying in activity, but latterly
there have been liberal shipments of grain, closing rates being
3^d. to Liverpool 4d. to London; S.'^d. to Glasgow and Hull.
Engagements also embraced cotton to Bremen at ^c; refined
petroleum to Elsinore for orders 4s. 6d to Bremen from Baltimore 3s. 8d. to Dunkirk 33. 9d. Rosin to London 3s. 3d., and
spirits 4s. 6d.
Grain to Cork for orders from Baltimore 5s. 3d.

1882.

72,637
3.369
96.302
24,783

740
33,958
8,316
154
27,023

67

<Sh

Tot.-il

bales Havana 88c. @$1 15.

;

1882.

49

Boston
Baltimore
Phlladelp'a,&c

Reecipis

Hhds.

Since Sep.

19,59.'i

31,71

Brunsw'k,

Raw sugar has been quiet but steady at
refining and 8M@8 5-16c. for 96-degrees test

1,

Block.

TKU

Since Sep.

26.513
1,062
23,941
11,950

Florida

BaTHnnab

cember and January; fair cargoes have stood at 9@9Mo.; mild Cbaileston
g'rades have sold more freely within the last few days, but at
Pt. Royal, ic.
«asy prices as a rule; most of the business has been in Mara- WUmlngton....
M'he.id C, &(•
caibo, Laguayra and Caraccas kinds. Rice has been only modNorfolk
«rately active at 5)i@l%e. for domestic. Mola.sses has been
City Point, i(
dull and more or less nominal at unchanged prices. Tea has New York
«old lower at auction.

1881.

1882.
Reeeiptt to
Sept. 29.

Stpt.

ii).

IVom

Sept.

Exporttd to—

BxporU

ConU- Total

Oreat

from—

Brtt'n.

France

nent.

1382, to Sept. 99, 138S.

TTeek.

Great
Britain.

OalyeBton

»,817

New

2.167

l>.496

9,817
10,607

11.ess

15,503

60.027

2.700

2.700
4.B53

7,233

2,0«8

B.947

Orleans..

1.

Exported

JVowe

—

to

Contiiwnt.

Total.

1.04U

10.857
79.487

e.sTs

ss.sos
^,233
9.502
5.947

Mobile
riorida
BaTanntili

CharlestOD *..
WilmlnKlOD...
Norfollt

Sew York
Boston
Baltimore
PbUadelp'a,&c

31,552

Total

1,891

2,7(11

7,938

6.749

.

6,201

45,23;

79.396
50 48
12.491
Total 18S1
* Includes exports from Port Horal, &i.

5,003

15«,808

4.001

14.2'>3

14.714

1'8.32»

44.370

22810

128.918

THE CHRONICLE.

376

BF" In January and February, 1882, large additions to eur port
reoeipts were mailo, for cm Bslons durlu,? previous weeks of a portion of the City Point, &o., inaveraant. Caasequeutly we liavo now
rerlsed our weekly aad monthly tables of reoeipts from Sept. 1, 1881,
to Feb. 1, 18S2, aad inoorporatod the omissions in the weeks to which
they belong Instead of Inserting them in bulk ia December and January

On SMpboard,

Q'v
o

Britain.

Kew Orleans

8,235
None.
None.
4,500
6,955
None.
6,100
2,000

M«bile
Obarleston

Bavannah
Galveston
Norfolk

New York
Other ports
Total 1882
Total 1881
Total 1880

Ooatlwiae.

219
None.
500

1,937

None.
1,500
2,000
None.

1,250
4,300

2,200
2,419
None.
1,000
1,000

None.
150
None.

953
Noiie.

None.
None.

3Q

ffi

"^

*-*

7,308

6,810

47,555

167,232

47,863
63,018

11.438
7,270

4.989
21,409

10,168
9.409

74,458
101.106

307,447
210.889

NEW
Sat.

ORLEANS.
Mon Tnea

Sat.

0~8
9%
105,8 103i„
11
IIT16

103 16 1018
10=8
IO618
ll'is 1138
11'8
1113l6
12
lll»u llUi, I2I4 123ia
12
1238
123i8 1218
V2»i6
1218
125i„ 1214
127,6
121a
121116 12=8
I213
12% 1213x6
121616 1278
12% ISJfi 13116
I314
13»8
137ie 13%
139i6
143,„ 1418
14
1438
146,6

Strict Ord.. 1038

Good Ord..
G'd Ord
low Mldd'g

Btr.

Str.L'wJIld
Middling...
Good Mid..

G'd Mid
Midd'g Fair

Btr.

Fair

im

Ws

Wed

Frt.

Wed Th.

Ordln'y.^lb 9=8
S'ls
Sil8
9''8
Strict Ord.. 101,6
9%
Good Ord.. lO's 1011,6' 109,6
8tr. G'd Ord 115,8 Ills
l/ow Midd'g Il"l6 III3
1138
Btr.L'wMid 11^8 1111,6 119,6
Middling.
12
lH3l6 llitie
Good Mid. 123a 123,6 121,6
Btr. G'd Mid 12»8
127,6 125,6
Midd'g Fair 1318 121 = 16 1213i.
Fair
13^8
1211, 139(6

911,

1

Tl».
I

STAINED.
Good Ordinary
Good Ordinary

Btricl

^

Frl.

1013,,,

11%

III4

13

11»,6
1110,6
121,8
123,8
129,6
1213,6
13-16

13%

l-t'l6

1158

ll's

11%

H

ll's
1214
121s

38

1213,6 1258
135,6 1318
141,6 1378

1038
:

8.-

I

'to

monlTaes Wed

8.4LE3

Ex-

Frl.

10%

port.

lE'-

11%

115p

117e

11%

12
1238
1258

1178
I2I4
12ia

13%

13

1378

13%

Tta.

914
105,6

Frl.

9%

Bat.. Quiet

Mon

Thurs

1,6 dec
liii-gular. ifldcc.
Quiet at is deoQ't cte 8t'.v,3,6 dee

Frl

Quiet at

CJ't, 8t'y,

Tues.

Wed

.

Total L.

THe daUy

is deo...

Total.

Detic
erics.

3:W

270 73.500
775 119.400
1,113|158,400
888 137,300
1.549 160,500
1,131 137,400

500

1.197

4 529

5.7211786,500

500

6O0I

deUverta'j glvea above are aocaalty delivered
Tlaus to that on wiiioh tliey are rep )rted.
.

Sales,

270
662
983
883
949
797

113

I
I

"-to

S-^Mt-l
to©:'

60'

60

60

05C5

a. 00

V'"K1
i-'bs

crO

diCiO

C:xO

CD©

coco
OSCicO

tCOK,
8) to

TO
,^0

I

I

00

fro
~100

MtO

>--tOts

&,o

I

M 03
-too
'^

to

too

*^*.to

etc
too

toco

MM 01

I

MtoO

too

OODiO

an-

TO
(jo

h
1

610

tOM
OCOis
®.M
I

MMO
lotbo

I

to to

QCOO

to too
01 to

«oto

WW

coco

s*,-^

I

tow©

CJWO

to 10

0000

@o

I

Mo

-

I

01

Mo

^.«

M MW
I

©w
TO

i

M<|

Mr-O
i

CO

61W

I

-lil>.i-.

&."

I

05 CO

CM
e>®

1

l-'O

tiO

I

cocoO

ew
M^§
I

coccO
Co*.

toco
SI.®
M^O
MMO
ci^o
00
I

twCO
I

®A

WlUO

coco
tOLO

H

to to

tooo^

M.OO

I

coco
toco

tocoO

CO to

^10

I

,

^^
So
HM§

e<l

I

Ml-*OD

CTfOD

•vJOto
8' en

e.a

I

I

to

I

to
0)0

I

I

tOi-"

I

SIIO

I

coo
®Q0
I

•-"to
CTOlO

coco

01*"
^.-J
I

00

E«U

e®
HMO
e-MO

0=i
COO

MMo
ClChO

O-fClO

Old
^.^
i

I

'-r'T'o
(f^CJiO

0101

I
i

MO

-lO

<1K)

oos
I

So

tc*.o
I

8,

MO
I

a.®

1"o

-q05

-1<1
K-tO

«,«

M-V
MMo
I

O-jO

"OiO

-jo

00 CO

O05

e.M

too
S'O

MMO

MMO

ji»cn

)b

O)

01

t3

ro

I

cs^o

M
CT

w

cs.

Oi

OPUD
00 *J

(KM

1

gocO

occo

P-MO

^-l-o

-JxO

a' CD

OCJO

I

ODOOO

0D<CO

cn*4

to
I

I

obo

I
I

S

to
io

I

to
tio

I

I

"SM

iti
too
I

I

I
I

®.M
MC5
too

60
o

IncludcB Ba'ee for Auffiist, 1 883, 2,800.
A lucliules sales for August, 1883, 300 at 1201.
& Includes sales for August, 1883, 1.40U at ll-93ai200.
C lucludes sales for August, 1883, 200 at 11-97 and 500 at 11-93.
D Includes sales for August, 1883, 700 at 1 1-87S11-99.
E Includes sales for August, 1833, 100 at 11-89.
Transferable Orders—Saturday. ll-93c. for Sept.; Monday, ll-50o.
for Oct.; Tuesday, ll-45c.; Wednesday, ll-40c. ; Tiiursday, ll-15c.;
Friday, ll-30n.
'

followinsf exchanges have been made during the week:
-43 p<l. to exeU. 1.000 Jan. for May.
200 Dec. for Nov.
100 Jan. for May.
10 pd. to exch. 100 Jan, for Feb.
•03 pd. to exch. 1.000 Oct. for Mar. •Ol pd. to excli, 100 Nov. for Jan.
•16 pd. to e.voli. 500 Jan. for Oct.

The

Spec- Transit,

III

I

1

933
914
91,0
815,6
979
103i6 lOHo
Il078
10% 109,6 107,8
1115,61111316 1111,6 Ilia 11138

sump. m't'n

-I

cooa

I

10 to
CD 00m
61 ~l

1015,8 1013,6
1138

OF SPOT AS P TRANSIT.

OOTI-

'S

t

crot

1211,
1215,'
137,6«
143,6

MARKET AMD SALBS
SPOT MARKET
CLOSED.

.

3;

I

1111,6
121,6
123,6
12»,6

11

Middling....:.

en;

:

OSCTt

10
107,6
III4

91I16

ir-

12116
123,,

W^ed Th.
978
105,6

in»i6 11%

»»16

jj

117,6
lin,8 ll's
121,6 I2I4
123,6 1238
12»,6 I2I2
1211,8 1278
1215,6 I3I8
137,8 1358
143,6 1438

1018
1015]
1138

|12»f?

1018
108,8
1138
1113,6
123,6
125.6
127,6
1213,6
131,6
139,6
146 16

10 5,

51

^0
CD

c

I

TEXAS.
mon Taes

103,8

107,8
1114

105,8
Ills
11»I6

Sat.

low Middling

10

•

i»

HI

i

•

I

OrdinV-SB>

•

15,250

5,597

UPLANDS.
Mou XneB

'.

5

40.1.03

27,790

Sat.

a

»

ft

«

T'-ogg'

•

SO

» O

« 2

to

—

to

XXXV,

CMS

^

2. £-

C' *

CJ'CCO

for speculation and
in transit. Of the above,
bales
were to amve.
The following are the official quotations and
sales for 3ach day of the oast week.

Sept. £9.

a.

MM

30,002
5,461
26,087
26,580
19.593
3,476

There has been great depression in our cotton market during
the past week, owing to a marked increase in receipts at the
ports, good weather for maturing and gathering the crop and
unfavorable foreign advices.
Prices of cotton for future
delivery gave way during Saturday, Monday and Tuesday,
with hardly an effort to sustain them.
On Wednesday a
demand to cover contracts caused a momentary reaction
toward higher figures, but the final close was at a further
decline.
Notwithstanding the very small stocks in the market
September contracts have been the most depressed, speculation in the distant months being rather more active.
Yesterday there was an early decline, followed by an advance, with a
brisk business, extending largely into the distant months.
To-day there was a fresh decline of 13@18 points, the latter for
September, but in the last quarter- hour September recovered
15 points. Cotton on the spot has been in moderate demand
for home consumption, but very little has been taken for
export.
Quotations were reduced l-16c. on Monday, i^c. on
Tuesday and %o. on Wedneday, with new cotton offered
from the wharves at prices below the current figures. The
new cotton now offered is of better quality, less complaint
being heard of green and gin-cut samples, and of damp bales.
Yesterday old cotton was steady, but quotations were based
on new crop, and reduced 3-1 6c.
To-day there was a further
decline of i^c, middling uplands closing at 11 ll-16c.
The total sales for forward delivery for the week are 786,500
bales. For immediate delivery the total sales foot up this week
5,726 bales, including 1,197 for export, 4,529 for consumption,

S^t. 23

•

Slock.

10,723
None.
3,250
13,000
10,332
None.
7,230
3,000

*

i

o

5

'.

Total.

302
None.

—3 ©

3.

fwS^
A&i

not cleared—for

Other
France.
Foreign

Great

'

E- »

Leaving

at—

Vol.

Thb Salbs and PaiCBa op Fhturks are shown by the followia^ comprehensive table. In this statement wi(i "be found the
daily market, the prices of sales for e.ich month each day, and
the closintr bids, in addition to the dailv and total sale.s.

In addition to above exports, our telegrams to-night also give
ns the following amounts of cotton on shipboard, not cleared, at
the ports named. We add similar flgares for New York, which
are prepared for our special use b/ Messrs. Carey, Yale &
Lambert, 60 Beaver Street.
Sept. 29,

I

•01 pd. to exch.
•42 pil. to excli,

i

|

I

VisiBLB Sdpplt op Cottos, as made np b.r cable and
telegraph. Is as foUovfs. The Continental stocks are" the figures
of last Saturday, but the totals for Great Britain and the afloat
for the Continent are this week's returns, and consequently
brought down to Thursday evening; hence, to make the totals the
complete figures for to-night (Sept. 29), we add the item of exports
from the United States, including in it the exports of Friday only.

The

cbo day pre.

SEPTEMCEn

SO,

THE CHRONJCLE

1882.1

Stookat LlTerpool
Stock at London

bale*.

1?81.

1880.

1879.

655.000
42.200

4B9.000
52.900

233.000
dO,581

520.900
72,300
8.540
40.100
4.200
28,700
18.100
2,530
031
11,000

293.581
102.650

17.000

097.200
168.000
4.300
36.000
9,000
42.200
21,900
2.830
2.300
21,900

199,400

308.330

184,451

177.421

758.100 1,005.530
207,000
128.000
71,000
119.000
14.000
16.000
214.807
331.903
S3.744
103.334
6.800
8,232

705.331
90.000
120.000

471.005
123,H11
56.209
8.923
298.831
32.2U7
12,000

V7,700

Tolal Great Britain atook
Btook at ITavre
Btooh jit Marsellltts..-. ..••....

Stock at Kremen,.
StOL'k at

1B82
*48l.o6o
558.700
111.000
i.eoo
23.000
2,900

31.900
9.900

Aiustenlam

Stock at Kotterdara
Stock at Autworp
Stock at other oontt'ntol porta.
Total continental ports....
Total Earopnan stocks.. ..
India oottou atlnat for Europe.
Amer'n cotton alloat for Eiir'pe
EKJ'Pt.Brazll.&c.aflt for E'r'pe
Stock in United States ports ..
Stock In U. 8. interior towns..
United Stftes exports to-day..

1,900

800

•

17.000

311.983
78.733
45,000

1,901
11.949
2.300

26 703
26,170
1.938

3.750

Total visible supply
1 ,303,251 1.761.001 1,373.951.
.022.321
OI the above.the totals ot A.nierl oan and otber dasorlptlons are ai1 lollows-

Americmi—
•194.000
56.000
American afloat for Europe
71.000
United Stute-s stock
214.807
United States interior stocks..
33.744
United States exports to-day..
6,600

Llven>ool stock

Xotal American
Eatt Indian, Brazil, <le.—
Llvei-pool stock
London stock
Oontincntal stocks
India afloat for Europe

,

&0

Total visible supply
Price Mid. Upl., Liverpool

293.000
95,000
120,000
311.863
78.735
45,000

8,232

86.000
81.000
56,209
298. S31
52.207
12,0U0

576.151 1.287,471

949,600

589,247

HO.OOO
128.000
16.000

175.000
52.900
89.451
90.000
17,000

117.000
60,581
93.424
123,641
8,928

729, 100
470.530
576,151 1,287,471

424.351
949.600

433,574
589,217

287.000
77,700
143,400
207,000
14,000

Egjpt, Brazil, Ac, afloat
Total East India,
Total American

513.000
158.000
119,000
381.905
103.334

42,200
150,.330

.1,303,231 1,761.001 1,373.951 1.022.321
eTgd.

..

6l3i6d.

77i,d,

6ifll.

377

Rbowpts feom thb Plamtatiobs.—The

rvttk

Btcftptt at the ParU,

July

Aug.

Sept.

isso.

881.

10.691

The above

figures indicate a decrease In the cotton in sight
to-night of 453,750 bales as compared with the same date of 1881,
a dearease of 63,700 bales as compared with the corresponding date of 1880 and an increase of 233,430 bales as compared with 1879.

—

At the Interior Towxs the movement that is the receipts
for the week aijd since Sept. 1, the shipments for ihe week, and
the stocks to-night, and the same items for th ^ corresponding
period of 1831 is set out in detail in the following statement:

—

71>

-

»
S3.:

SS-S's

2.

i

n

;

S:

t

csb; wv'h-oics
ifc' 10
--KJ

w
osV co'ro '—"oi X "^ M ro M m uiV ln^ MO
OCCC0MyiC;tU»m'-'«—

00

O.'MWK'GD-JO'-'rf'-OOl-'i— tOOOMi^X*

M

OO

r X -o :d a o

Rec'ptt from Plant'ni.

70.719

33.454
81.622
88.278

ISSO.

13.148

18.151

8,1

tii.SOS

4,815
4.S11
e.35«

44.324
38,800

52.441

24.14<)

48.273

3. 16".

S3.''88

45.371

21.0(«
18.535

33,471
32.7.2
39.303
61.874

14.387

30.936

S.gS'J

17.818

8.091

13,0d2

8.39<1

S0.533

81.183
4J.0SS
61,117

83.075

li.Si-l

48,722
72.dla

23,033

t9.682

57.410
73.453
r7,8-8 108.7:9
ee.sii 134.826

—

The above statement shows
plantatioas since September

43.493
48,423

1.

1,

1881.

1833.

4.404

19.811

753

2.081

11,115

8.862
801

8,813
2,780

11,984

965

9.894
17.636

1.438

3.264

8,872

1798

80.199 10,144
4 1. .123 63,852 24.331
67.707 83,600 39.881
19.115 115,067 113.094 63.108
39.98S 182.607 140,620 68,093
46 622 ie0.AS4 I5S.S03 153.1 1«
13.936

ld,519

That the
in 1882

total receipts from the
were 327,094 bales; in

1881 were 503,8'/3 bales; in 1880 were 531,157 bales.
2. That, although the receipts at the out-ports the past week
were 136,476 bales, the actual movement from plantations wa
bales, the

153,116

tions for the

balance going to increaas the stocks at
Last year the receipts from the planta-

same week were 155,503

bales

and

for 1880 they

Weather Reports by Teleoraph.— Dry weather has prevailed in almost every section of the South during the past
week, and crop reports are very favorable. Picking is progressing in

an exceedingly

satisfactory manner.

—

Qalveston, Texas. It has rained lightly on two days of the
past week, the rainfall reaching eight hundredths of an inch.
The rain was local, and throughout the interior it has been
warm and dry. Crop accounts are the best ever known.
Picking is progressing finely. Average thermometer 74, high-

lowest

64.

Indianola, Texas. We have had a drizzle on one day of
the past week, the rainfall reaching but two hundredths of an
inch. The crop is really magnificent. The thermometer has
ranged from 63 to 87, averaging 74.
Dallas, Texas. It has drizzled on one day of the past week,
the rainfall reaching thrfee hundredths of an inch. Good pro-

—

M

CO 10

1883.

—

!8

5"'^^"

1881.

l(>.839

8.142
9.150

IO,i.69.
94,093 40,512
136.413 112,293 77.223
178.221 131,7m 136.479

est 83,

=3

Tami.

18S0.

74.008
«5.7ie
68.277

were 190.684 bales.

weak have been

St'k atlnteiioT

188*.

18,199
18,312

the runnins? estimate.
;

U

sndino—

the interior towns.

_ "TL imports into Continental porta this
13,000 bales.

table

BECEIPTS FSOH PLAMTATIOIIS.

The stock at Liverpool, according to the estimated runninjc count,
would be ,"il8.000 bales; but actual count makes It 37,000 bales loss.
The iwjtual .Vnioiioau iu stock Is also found to be 23,000 bales loss than
*

following

prepared for the purpose of indicating the actual movement each
week from the plantations. Receipts at the ontports are some*
times misleading, as they are made up more largely one year
than another at the expense of the interior stocks. We reach
therefore, a safer conclusion through a comparative statement
like the following.
In reply to frequent inquiries we will add
that these figures, of course, do not include overland receipts or
Southern consumption; they are simply a statement of the
weekly movement from the plantations of that part of the crop
which finally reaches the market throngh the out-ports.

is being made in picking.
Prospects are first class.
Competition for labor is running up the rate of wages for
picking some farmers are paying from one dollar to one dollar and ton cents per hundred pounds, while others are giving
one-half the yield for picking tlie other half. The thermometer has averaged 68, the highest being 87 and the lowest 43.
Brenham, Texas. The weather has been warm and dry
during all of the past week. Picking makes good headway.
Tho cotton crop is generally regarded as safe, and will be very
The thermometer has averaged 77, ranging from 61
large.

gress

OlOMOOOCCZjrOM

;

wo
Oiosxotoooo
<» o: *^ to #o
lO *. »0

'-'

ic

® to Oh^OOCn CiVi W^J MOB QO^
J--

j^.

MO) *»

•'iwwifc.:coisa»toc;»':DO'-oa»OQD-imyi

-vj

MMM

Mf-i

M'l'-'ecOl

JO

O'h^ © V QC 0*» tS O'bi M -J M CO o^b M y>
MtOtDOr005«CO>-t3:y(DW-^CO*IM-o^coOif^bd^acci-*ocootooaaoiOQD

^C0 0»-'<100i

Otoo-*-Qr-o>c.*.tox>OMOotoyiO-i®:<:'J
H-rfkO'»'-cowto — tc:owo>uc*.ow;o:o

w-axcoioMas

pi^ Mj^.w-rOMjUCO ]0 MO 1^ M OS
eo
CJCTO»C01fOOCO'ioi-'CO'iwXt-'f-''^]Mbj
©
W Ui Oi CO CO CO OS — -1 O c ^ *J - M X 05
OS
lU.

CJ»

otcosotr-'aci

OO-J-lCC^-GO

*>.

»(».

l*.00^*»K.-jOtCa;0^4-lC0330COO**OS

13

—

to 93.

Palestine, Texas.— Vfe have had warm and dry weather all
of the past week. The cotton crop is the finest ever grown.
Picking is making good progress. Average thermometer 69,
highest 86 and lowest 53,

RunUville, Texas.
-m

)»».

o« ^ ci
^ :o (0 CO
*.j

the past week.

a*

QO

M ;0 O 0> 31 H- CS h-

QD 00 J>

OW

—The weather has

Very

been

warm and

dry
being made in
The thermometer has ranged

satisfactory progress

is

Crops aro excellent.
86, averaging 69.
Weatherford, Texas.— ^o have had warm and dry weather
CP
tow M H WW
J" *" ** W W?
»9
to M to
00
J Cl
bo Qc i^'h- OS IX tp h- cox M GO
o: c ooTo^ CO
during the past week. Excellent progress is being made in
cCrf>.'0TrcnoC0
K)
Mto<-«ooxtOioK.>C'a"0^'0>-' — crocji
«> CO
O Ci O H* CO
OI ^ ** 00
w w o CO at m o M CP i-t(o
picking. Crop accounts are more favorable. The thermometer
to
has averaged 80, the highest being 83 and the lowest 63.
Is
tow
*>(oiO'-<-'
_^ W tO^iU Ot W Ot A
5"!^
VcocVcijVco
h-COOoWjV'-lCn
Belton, Texas. Warm and dry weather has prevailed
<l ^ ^ CO — to "*
Wff^.pc^a.oa-xt-'co-.iOt'-wcjtoot-'w-j
i^C0QDOifaO->l
JCL.
t-'h3etow»ooaq6ocno>0'0»c;iaiif^^oai>>
The cotton croo is magnificent.
during the past week.
* This rear's fleures estimated.
Picking is progressing finely. The thermometer lias ranged
The above totals show that the old interior stocks have tn- from 51 to 89, averaging 70.
ereased during the week 16,431 bale.s, and are to-night 71,590
Luling, Texas.—The weather has been warm and dry all of
bales less than at the same period last year. The receipts at
week. We elill hear rumors of the appearance of the
the sf.me towns have been 24,724 bales less than the same week tlie past
this
last year, and since September 1 the receipts at all the towns caterpillars, but think them of very little importance
are 108,589 bales less than for the same time in 1881.
The cotton yield will be very large. Picking makes
late.
OEj

CO -^

I

Pf*'

-.1

OCOCOCCOO:tO*».0"J'0'OtO«COMClOl#»

osiooo^r-o:ii».xiVf'-''OCOcOM*^0»rOto

picking.

from 58 to

-.1

-

"-•

c?i

»*^

*-•

I-*

*>.

(ft'

fco

—

THE CHRONICLE.

378
excellent progress.
93 and lowest 51.

The thermometer has averaged

72,

highest

Louisiana.—'Wo have had no rain the past
The thermometer has averaged 73.
Shreveport, Louisiana.—The weather has been clear during
The thermometer has ranged from 53 to
all of the past week.

New Orleans,

83.

Vicksburg, Mississipin.—There has been no ram during
the past week. The days have been warm, but the nights have
been cold. Picking is making good progress.
Columbus, Mississippi.— We have had no rain during the
past week. Three-fourths of the crop is open and farmers are
badly behind in picking. The thermometer has averaged 71,

XXX V^,

may

be permissible to point out that it i»'
seller of future delivery
is under the obligation to deliver the actual cotton and everjr
buyer must receive what he has bought when tendered. The
only way in which the word " option" can apply at all is that th»
seller has the choice of the entire month of such delivery sold^
giving five days notice to the buyer. Thus while there is a solid
basis for every contract for future delivery the term "option'"
conveys a different meaning. If seller and buyer agree to
make a settlement there is nothing to hinder it, but if either
party claims delivery the actual cotton must be delivered and

continues to be used
really

week.

[Vol.

it

a misnomer inasmuch as every

received, the contract remaining in full force until all its condi-

There is a prescribed penalty under
the by-laws in case of unintentional delay. But should a party
ranging from 58 to 84.
LiUU Rock, Arkansas.—The weathae has been fair to clear, to a contract fail to carry out any of the provisions of his
receiving or delivering cotton, such act eicludesexcepting on one day of the past week, on which we had light contract, such as
him,
according
to the by-laws, from settlement, and subjects him
an
inch.
Crop
hundredths
of
forty
reached
rainfall
The
rain.
membership of the Cotton Exchange.
gathering is progressing very satisfactorily. Average ther- to suspension from
To all engaged at the Exchange in the future business the
mometer 64, highest 77, lowest 51.
Memphis, Tennessee.— We have had light showers on two aforesaid is of course nothing new, but outsiders are likely to
term "option." Would it not therefore be
days of the past week, the rainfall reaching five-hundredths of be misled by the
the expression, it being at all events
drop
advisable
to
averagranged
from
50
to
has
79,
inch. The thermometer
tions are complied with.

an

ing 64.
Nashville, Tennessee.—Vfe have had no rain the past week.
The thermometer has averaged 64, the highest being 79 and

incorrect

?

—

Jute Butts, Baggino, &c. The demand has shown some improvement during the week, and though the orders continue tobe for jobbing quantities the total amount of stock moving is
the lowest 48.
Mobile, Alabama.— It has rained on one day of the past considerable. Prices have not changed, but the feeling is
week, the rainfall being inappreciable. To-day is rainy. The steady, and holders are quoting 7^c. for l)^ lb., 8c. for 1%
crop is developing promisingly, and good headway is being lb., 8Mc. for 2 lb. and Q%e. for standard grades. The demand
made in picking. The thermometer has averaged 70, ranging for butts continues to be of a light character, and little inquiry
is noted for large parcels.^ The market is stealy, and at the closafrom 54 to 85.
Montgomery, Alabama. We have had warm and dry weath- holders are asking 2j6@2%c. for paper grades and 2%@'2'jie..
The weather has been splendid for for bagging qualities.
er all of the past week.
the last fortnight. Picking is making excellent progress, and
Hand-Book of Dailt Cable Records. We have received
the jilanters are sending their crop to market freely. The from Mr. John Jones, of Liverpool, a few copies of his " Handthermometer has ranged from 52 to 83, averaging 68.
Book of Daily Cable Records," and have them for sale at one
Selma, Alabama. We have had no rain during the past dollar each. Besides the ordinary features of this annual, we
week. The crop is developing promisingly, picking is progress- notice that it also contains this year statistics of the Brazilian
ing finely and the crop is being marketed freely. Average crop, stocks of cotton at Continental ports each week, the Board
thermometer 65, highest 78 and lowest 55.
of Trade returns of British exports of yarn and cloth, and
Madison, Florida.— TeXegxaxa. not received.
Liverpool weekly returns of visible supply. This, as our readMacon, Georgia. The weather has been warm and diy ers know, is a very convenient little book, and we gladly r«comduring the past week. It is cloudy to-day. Cotton picking is mend it to the trade.

—

—

—

—

progressing finely.

Average thermometer

69,

—

highest 85 and

C0MPAE.WIVE Port Receipts and Daily Crop Movb.hest.
comparison of the port movement by weeks is not accurate
Columbus, Georgia, ^We have had no rain during the past as the weeks in different years do not end on the same day of
week. The thermometer has ranged from 63 to 90, averag- the month. We have consequently added to our other standing
ing 80.
tables a daily and monthly statement, that the reader may
Savannah, Georgia. The weather has been pleasant all of constantly have before him the data for seeing the exact relativethe past week, with no rain. The thermometer has averaged movement for
the years named. The movement each month-,
73, the highest being 90 and the lowest 63.
since September 1, 1881, has been as follows.
Augusta, Georgia. Weather has been cool and pleasant
jy In Jauuary and Feb-iiary, 18?2, largo ailditioua to our i)ort
during the past week, with light rain en one day. The rain- receipts wore made for omissions durlus; previous weeks of a porlioa of
The crop tlieCity Point, ifcc, movomeut. Coua6(iueutly we have now revised our
reached twelve hundredths of an inch.
fall
is developing satisfactorily picking progresses very well, and weekly aud monthly tables of receipts from 8(^pc. 1,1881, to Feb. 1,.
aud iuoorporated tlie oiuissious in the weeks to which theybelong:
the staple is being marketed freely. The thermometer has 1882,
instead of Inserting them in bulk la December aud Januarj'.
averaged 71, ranging from 58 to 87.
Atlanta, Georgia. We have had no rain during the past
Tear Besrinning September 1.
Monthly
week. The weather for two weeks has been very favorable
Receipts.
1879.
1873.
1881.
1877.
1880.
1876.
for cotton. Average thermometer 64-37, highest 77, lowest 50.
98,491
236,86»
Charleston, South Carolina. It has rained on two days of Sept'mb'r 429,777 458,478 333,643 288,84s
853,195 968,318 888,492 689,264
578,533 675,260
the past week, the rainfall reaching one inch and nine hun- October.
Sovemb'r 974,043 1,006,501 942,272 779,237 822,493 901,392
dredths. The thermometer has ranged from 63 to 89, aver- Deoemb'r
996,807 1,020,802 956,464 892,664 900,119 787,76*
aging 71.
487,7-27
January
571,701
647,140 616,727 689,610 500,63»
The following statement we have also received by telegraph, February. 291,992 572,728 447,918 564,334 472,054 449,686
•howing the height of the rivers at the points named at 3 o'clock March
257,099 475,582 261,913 302,953 340,525 182,937
September 28, 1882, and September 29, 1881.
AprU.... 147,595 284,216 153,025 166,45? 197,965 100,194
lowest 56.

A

—

—

—

;

—

—

.

. .

May
Sept. 28, '82. Sept. 29, '81.

11
9
2

9

13

5

July
August...

6

6

9

5

1

2

Gorrct'ns.

8

9

15

2

Fett.

He^w Orleans

Mempbis
Kaahville
Blireveport

VicksburR

Below htKh--watcr mark
Above low-^wator mark.
Above low-water mark.
Above low-water mark.
Alx>ve low-wafer mark.

Inch.

Feet.

Inch.

2
6

New

Orleans reported below high-water mark of 1871 until
Sept. 9, 1874, when the zero of gauge was changed to high-water
mark of April 15 and 16, 1874, which is 6-lOths of a foot above
1871. or 16 feet above low-water mark at that point.
CoTTojf "OPTioifs."— The frequent use of the term "option"
to express future delivery sales of cotton has no doubt appeared

to mauj inappropriate. It is alsojm some measure harmful,
because it is not only calculated to mislead but may even tend

*o

inflaeace judicl*! decisions,

June

113,573
68,679
36,390
45,113
17,844

190,054
131,871
78,572
115,114
123

110,006
88,455
54,253
67,372
42,714

84,299
29,472
13,988
18,081

458

96,314
42,142
20,240
34,564
52,595

63.93*
36,030
17,631
14,462.

66,293

Total year 4,720,364 5,874,090 5,001,672 4,447,276 4,345,645 4,038,141
Pero'tage oiiot. pon
99-15
99-99
98-79
98-36
leoeipts Aug. 31 . 100-00
01-21
01-64
00^85
00-01
00-00
100-00
100-00
lOOOO
100-00
10000
Total port receipts.

This statement shows that up to Aug. 31 the receipts at the
ports this year were 1,153,726 bales less than in 1880-81 an I
281,308 bales less than at the same time in 1879-80. The receipts
since

^8 the designation " option" the

September

and for the corresponding periods of
hare been as follows:

1, 1882,

five previous years

Skitrmbek

30,

THE CHRONICLE.

18^8.J

379

Alexandria, Egypt,

'"
2..
3..

S.

5.88S
3.396
5,636
4,493
6,405
6,105

1..
5..
6..

7..

'

8..

9..

S.

18,859

5,0

12

'

13..

.

26..
27..

'

28..

24 584

'

29

26,872

14.
\!>..

16..
17..
18..

'

19..

'

20..
21..

'

'

'

'

'

'

'

19.

8.

li.ei'j

18.595
17.797
14,674
10,370
21,062
16,361

1.-.

7,474
8,044
I;, 74
8,06j
8
16,598
9,60b
12,733
13,039
17,137
10,201
S
27,438
21,610
19,768

'

14.751
9.315
8,616
ii.ooe
10,86:

ii,:o2

'

'

7,637
8.131
13,792
13,054

.

23..
24..
25..

.

13,115

To

ToContluent

8.

8.
15.ii2-?

8.

a.i.-so

12,215
12.99 5
14,071
14.953
17,032

15.127
10.425
10.032
11,125
16.933
11.302

8.

17,206
19,476
15,551
13,996
2i,700
15,866

8.

30.3C6
20.019
17,749
19,481
30,355
21,783

S.

26,120
23,729
21,332

2,5 j4

5,063
4,109
3,555
2,735
6,310
4,049

8.

8.

19.141
19,975

37,5.!.0

22,976

25,495
24,321

8.

17,905
18,579
13,584
13,814
2?,679
18,016

31,231

8.

430,59:

302,843

261,474

~0,-,272

06 05

0594

0219

07 33

08-39

8.

9,470
5.543
7,922
6,234
10.156
8,450

This Statement show.s that the receipts since Sept. 1 up to
•to-night are now 9i(,a40 bales le.s.s than they were to the Hame
day of the month in 1881 and 133,640 bales less than they were
add to the table
to the same day of the month in 1880.
the percentages of total pi>rt receipts which had been received to
September 29 in each of the years named.

We

—

'

Ik

uauiar

the shipments from Calcutta, Madras, Tuticorin, Carwar, &c.,
enable us. in connection with our previously-received report from
Bombay, to furnish our readers with a full and complete India
movement for each week. We tirss give the Bombay statement
•for the week and year, bringing the figures down to Sept. 28.
BOMBAV KKCEIPrS AND SUPJlBJifS FOtt KOUK YEARS.

ih

4.700

2,500

4,000

750

214

211

810

938

1,073

93

4.»38'l

1,828

4.914

year great
BrU'n.

J882

6,000

-1381
-1880
4.879

i'.ooo

this week.

_

Oonti-

,

,

Total.

nenl

Hhipineiits sitice Jan. 1.

\

Great
ContiBritain^ nent.

This statera-snt shows that the receipts for the week ending
and the suipments to all Earope

—

Maschbster Market. Oar report received from Manchester
We give the prices
co-night states that the market is declining.
of to-day below, and leave prev iona weeks' prices for comparison:
Oott'n
(5(.

d.

d.

J'ly23 9»i«a 1014 6
Aug. 4 9>s 3 lOis 6

919 « 1018,
" 1 9"i /» 9'3'6
" 25 939 a 9'8 6
Sept. 1 9^ a 9^8-6
'•
8 9^8 9 H~s 6
" 13 9% a 9''8'6
« oo a»9 a
9-'8i6
938 3 9-'a'6

Weelc.

9,U00 746,000 603,0J0 1.349,000
301.000 542.000 846.000
845.000
5.0OO 6,000 357.000 438.000
590,000
O.OOOl 6.000U49,000 347.000

Jan.

L.

1,624,000
5.00O i.urj.oou
2.000 1,082.000
7,000 799,000
.5.000

According to the foregoing, Bombay appears to show a
(urease compared with last year in the week's receipts of
IbaleH, and an increase in shipments of 9,000 bales, and the
aehipments since January 1 show an increase of 503,000 bal«s.
The movement at Calcutta, Madras, Tuticorin, Carwar, &c., for
<the same week and years has been as follows.
Oil/CCTTA, MADR.VS. TOrlCORIS, O.VRWAR, RASOOOS AND KORKAOHSE.

—

Shipments since Jannarii

Sliipinents Ihig week.

Conti-

Total.

7ient.

1882
i881
1880

6,000
1,000

2,000

1879

i',6'o'j

2,000

8.000
1,000
3,000

from —

Continent.

303.000
138.000
200.000
200,000

156,000
71,000
80,000
106,000

419a? 1019
4>a»7 IOI31
4>3»7 10i»l

Bombay
AUotlierp'rtB.

Total

voeek.

Since

Jan.

1.

9,000 1,349,000
8,000; 439,000

17,000 1,808,0001

This
week.

37 9

459.000
259.00(1
2 SO. 000

306,000

1880.

1,000

1.

846,000
259,000

1,00011,103,000

This la.st statement affords a very interesting
total movement for the week ending Sept. 28
T^ears up to date, at all India ports.

6,000

Since

Jan.

1.

843.000
280,000

6,000 1,123.000

comparison of the

and for the three

Alexandria Receipts aitd Shipments. —Through arrangements
we have made with Messrs. Davies, Benachi & Co., of Liverpool
and Alexandria, we now receive a weekly cable of the movements
of cotton at Alexandria, Egypt. The following are the receipts
and shipments for the past week and for the coiresponding week
•of

the previous two yearn.

d.

A.

8.

as
»8

9
9

Si?"

5>3a7 8
9 »8
5^337 S"*
5'sa7 8H
5'i»7 SH
8'8 a 9>9 6 5iaa7 8I3
9
a 94i 6 6 a8
9H a 9^16 6 as

679

7

6I5n
7»4

111*
7>4
7^18

Same

Week endingExported to—

Sept.

«•

Sept.
13.

]13,161 16,803

Liverpool

Other Britiab porta

8,720i

3K

!

U

Havre

period

Total
since
1.

previ'ut
year.

638 50,327

41,168

Sept.
27.

Sept.

Total to Great Britain 13,161 16,803 9.020 11,638

3 JO

450

50,627

41,61»

1,015

1,789

1.122

1,017

5,003

4,100

1,015

1,789

1,125

1,047

5,003

4,109

77

79
40 S
590

325
100

1,323

50 2,393

1.311
3.5S3,973

2,818

9,072

7,232

Other French ports

. .

1,297

Other porta

P40

Total to North. Europe

2,311

1,030
1,7S3
2,863

1,07

Spain, Op'rto, Qlbralt'r,&c
ill other.

601

601

Total 8pais,

601

601

<8to

.

5,.597

312

16.520 19.674 13,606 15,503 63,303 52.939
QRAND Total
The FoLLowisa are the Reoeipts op Cotton at New York
Boston, Philadelphia and Baltimore for the past week, aud
since September 1, 1882:
Receipts

New

Baltimore.

Philadelphia.

Boston.

Tork.

amet
This
Since
This
Since
This
Since
This
week. 'Sept. 1. week. Sept. 1. week. Sept. I. week. Sept. 1.
\

1.

Total.

This
week.

Since

Jan.

7'i8
7^18
718
7i«
7

n.

OH 9 9% 6
a 9%)!
8^8 a 9>9 6
9>8 a 9% 6
S's a o"* 6
8^8 a 9ia'6
8'8 a g"* 6

4iflS7 lOij

3

d.

d.

7.1.

N. Orl'aiis

Texaa
Savanna!

4.240, 11,681
7.827, 21.589
3,56li 18,178

770

1,236

3,701

6,417

534

"685

2,247

2,217

600
105
246

1,130

357

1,250
3,301
1,117

120

i',i26

'146

"As

This year. 23,998, 75,1901 4.843

9,007

3,671

5,314

1,698

9,403

Laat year. 25,636i 80,872| 2,392

5,835

2,019

3.942

2.336

10,795

2,402

3,339

MoViile...

Florida
S.Car'liua
N.Cac'liua
VirRiaia..
North, pts

Tenn..ic,
Foreign
.

5,935

14,444

633

842

1,438

3,679

"

1,050
8341

"i

1,066

315

708

245
1.153

—

1881.

1882.
This

A.

K.

»8
a8
6 as
6 &«
6 as
6
6

Ooten
Mid.
Upldt

8>4 lbs.
Shirtings.

Iwist.

Is

'J~

Great
Britain.

EXPORTS TO EUROPE FROM ALL INDIA.
B^vomenis
Europe

Vpl

The Exports* of Cotton from New Tork this week snow aa
increase, as compared with last week, the total reaching 15,503
Below wo give our usual
bales, against 13^606 bales last week.
table showing the exports of cotton from New York and their
direction, for each of the last four weeks ; also the total exports
and direction since September 1, 1882, and in the last column
the total for the same period of the previous year •
BxpoKTSOF' Corros (BALES) KUOM NEW York siscb Sbpt. 1. 18S2.

from^

The above totals for this week show that the movement from
the ports other than Bombay Ls 7,000 bales more than same
week last year. For the whole of India, therefore, the total ship«nents this week and since Jan. 1, 1882, aad for the corresponding
"weeks and periods of the two previous years, are as follows.

to all

32( Oop.

.Hid.

Shirtings.

Twist.

Bremen and Hanover
Hamburg

Since

Thit
Total.

3,000

Great
Britain.

1881.

1882.

8H

32* Oop.

Kecelpls.

I

Year.

4.11411 8.34o!

lbs.

Total French
Shipments

Thit
Since
week. Sept. 1.

4,700

...

of

»re

TMi Since
week. Sept. 1.

Sept. 2i were 1,200 cantara
were 4,914 bales.

which

Indu Cotton Movb.ybst fro.m all Ports. The
now collected for us, and forwarded by cable each Friday,
figures

Liverpool....

Total Europe

3,035
1,398
3,108
1,601

7,311
6.2 i?

1,359

export* (balen)—

1,655

13,999
10.191
13.470

396,197

754

20.000
27.550

1,200
1,200

1

Since
This
week. Sfpl- 1-

1,701

1.^,117

20.!>on

This woek
81no« 8ept.

616

7.982
8,337
10,714

S.

•

1,003

8.

5.451
5,124
4.S78
4,83>
7.636
7.06D

s.

22,465
26,603
15.773
20,16J

'

8.

4,799
4,224
7,116
4,103

1880.

Beoetpts (oantars*)—

1,216

4,051

8.

20.842

S.

290,057
Total
Peroen a.e or tota
port rec'ptB Sept. 2!'

8,708

1881.

18tl2.

Sept. 23.

408

8.

1.301
2,264
4,927
2,104

S.

9,O0;>

8.

10..
11..

3,490
1,843

5,037
5.6C9
10,512
6.474

5,600
10,356
10,182

5,055
2.S90

f«ept.l

1877.

1878.

1879.

1880.

1881.

1832.

Shippino News. The exports of cotton from the Hnited
States the past week, as per late.it mail returns, have reached
25,024 bales. So far as the Southern ports are concerned, these
are the same exports reported by telegraph, and published in
the Chronicle last Friday. With regard to New York, we
Include the manifests of all vessels cleared up to Wednesday
night
of this week:
^

—

....

Total balet.
AriAd.-latio, 2,374
.Egypt,
...Britannic,
2,3i2...
zona. 1.736. ...Baltic, 1,376.
l,236....Qama, 1,189. ...Virginian. 1,323

New York -To Liverpool,

per steamers

To Havre, per steamer France, 1,047
To Bremen, iicr steamer Sailer, 325
To Hamburg, per atoanier Frisia, 10
To Antwerp, per stoanuTa Hermann, 150

-

^^'^,X
^'2Ti
325
l"**

1

ToStettlu, per steamer Katie,

New URLKAN8—To Liverpool,

v>er

Wacsland, 60O.

.800

steamer Commandftr, 2,470...

^'^25
2,470

1..59:i

—

Foumel, 565
To Havre, per aieamcrs Espanol, 1,326
i. ..
Baltimore—To Liverpool, pi^r steamer Hibcmian, 800
To Havre, per eteam-rjrount Lebinon, 300
To Bremen, per steamer Leipzig. 1.502
BOSiJn— To Liverpool, per steamers Bulgarian, 966. ...Iowa.
.-...•
560.. ..Malta, 32

^•'*^k

80O
30»

l,DOa

,__
l>»5»
,

THE CHKOJSICLE.

380

BREADSTUFFS.

Total bales.

Pkiuldblphia—To

lirerpool, per steamer Pennsylvania, 800

.

. .

[Vou XXXV.

800

PaiDAT, p. M.. September 29, 1882.
28,024
The particalars of ths.se shlpmants, arranged in our. usual
form, are aa follows:
Horn- AntLiterpool. Havre. Bremen, burg. werp. SteUin. Total.
325
100
800 1,593 15,503
11,638 1.017
HewYork
Total

N. OrleanB
Baltimore
Boston

2,470

4,561
2,602

2.091

300 1,502

800

1,1558

1,558

800

600

Plilladelp'a

100
800 1,593
T77266 3,438 1.827
Oatton freights the past week have beeu as follows:
Total

Man

Satur.

Wednes.

rue*.

Uverpool, steam d.

Do

sail

Do

sail

Do

814314

V

'i8-'*3a'

''l6-'^32'

e.

l2>

13*

la'

ia«

V

'a'

sail...d.

Do

14.

'32*

Amst'd'm, steam.e.

14*

sail.-.d.

steam

"32®%'

d.

sail

e.

Do

H.S2*

V

Baroel na, steam.c.
'

632® "4

e.

.e.

Hamburg, steam. <f.

Do

Fri.

»a3>9i6'

c.

Bremen, steam,

Baltic,

®H

Thurs.

sail... (2.

Havre, steam

Do

"33

25,021

sail-.-C.

Compressed.

—

Liverpool. By cable from Liverpool, we have the following
statement of the week's sales, stocks, &c., at that port:

—

week

bales.

Of whicb exporters took
Of wbicb speculators took..
Bales American
Actual export

Forwarded
Total stock —Estimated
Total stock— Actual

.

Of which American— Estim'rt
Of which American—Actual.
Totallmportof the week
Of which American

Amount afloat

Sept. 22.

Sept. 15.

Sept. 8.

Bales of the

40,500
4,800

46,500
5,600
1,820
31.500
11,000
3,800
603,000

53,000
3,000
2.200
37,500
10.500
4,900
562,000

9,900
4,600
539,000

267,000

237,000

229,000

37,000
8,800
163,000
27,000

20,500
11,000
171,000
43.000

27,000
21,500
157,000
35,000

150
26,500

Sept. 29.

40,000
4,400

750
26,500
6,100
3,800
518,000
481,000
219.000
191,000
23.000
20,500
172,000
44,000

Of which Amarioan
The tone ot the Liverpool market for spots and futures each day of th e
week ending Sept. 29, and the daily closing prices of spot cotton, have
been as follows:
Saturday Monday. Tuesday.

Wednes. Thursd'y.

Friday.

Spot.

Market,
12:30 F.M

1

'

Dull
Mod. iuq.
freely
and unchansed. supplied

7
73ie

73i8

OiSie
716

7ie

500

8,000
1,500

7,000
1,000

7,000
1,000

7,000
1,000

7,000
1,000

dull.

Flat.

Quiet.

Quiet.

Dull.

Flat.

Flat.

Flat.

Quiet.

Steady.

Flat.

5,000

Market,

5

M

p. M,

Dall.

73i8

7

Very

and

irregular.

7

Mld.Upl'd8
fcUd.Orl'ns
Bales
Bpeo.& 6xp,

lutures.
Market,
12:30 P.M.

Flat

Basier.

Dull.

Delivery.

Sept
8ept.-Oct

Sept
8ept.-Oct

O0t.-NoV
Nov.-Dec

Sept
Bept.-Oot

Satubdat.
Delivery.

d.

Delivery.

d.

Oct.-Nov

659oi
ei^ei

Sept

63784

d.

602e4

Monday.
June-July
Jan.-Feb
Sept

659g4®5884
...6*6^4
636^4
63284

Oct.-Nov
Nov.-Dec

63084
65764

May-Juue

Jan.-Feb
62864
Feb.-Mar. ..6316433084

64064

May-June

Oot.-NOV... 63*61 •S'83j4

.. 63534

I

|

si3484
|

635g4
63164
63664

June-July
Mar.-Apr
Oct.-Nov
Nov.-Dec

63664
63io4
63284

Feb.-Mar
June-July
Sept.-Oot

62854
63584
64184

61S364a6284|
Bept.-Oct
64184
Oct.-Nov... 631(j4a3084
Nov.-Dec
627b4
a>2684®21g4
62694
Dec-Jan

I

|

I

62664

Mar.-Apr
May- June
June-July

62964
632e4
63*84
64284
63164
62764

Sept.-Oct

Oct.-Nov
Jan.-Feb

by concessions. To-day the market was still dull and depressed.
The wheat market in the fore part of the week declined several cents, but latterly there has been a sudden reaction, caused

by an advance

in Chicago,

been running.

The

where a corner on September has

difference between

64864

Bept.-O0t. . . 6«l„4®3»84
Oct.-Nov... 63084®2'-'64
.Hov.-Deo
62»d(

has been scarcely any difference here of late
between these options, as there has been little or no short inThe statistical p3sition, in the views of
terest in this market.
many, seems to favor the bears, as the receipts are steadily increasing at the West, and the outlook for the crop is of the
most favorable kind. There has been a large speculation is
options, the transactions yesterday being especially important
and at times a very good business for export has been done,
though any advance in prices, it is observed is apt to restrict
the foreign trade to a very moderate volume. To-day the
market was again weak, prices declining %@lc., with a fair business at the concession ; No. red sold at $1 05^@1 06>^ for Sep-

cents, but there

,

tember, $1 05M@1 06^ for October, $1 06M@1 01% for No.
vember, $1 08M@1 09^ for December, $1 09^©1 10^^ for
January and $1 10?6@1 12 for February.
Indian corn has declined 4@6c. per bushel during the week,
and has been quiet on the spot, though there has been a brisk
trading in options. Yesterday there was some reaction, caused by
smaller receipts at Chicago and the report that they are likely
Still the weather has been fine at
the West, and there has been a large increase in the available
supplies there of late. The estimates of the best-informed statisticians still point to a yield far in excess of any ever before
known in this country. To-day the market was irregular, options declining 32@Xc-.while cash was about that mach higher;

to be light there next week.

No. 2 mixed sold at 680. for October, &l%e. for November, 63%
@64c. seller the year and 59Mc. for January.
Kye has been dull and to a great extent nominal. Barley
and malt have been almost entirely neglected ; the former has
been scarce, and a small sale of malt was made at $20 cash for
six-rowed State. To-day a load of No. 2 Canada barley sold
Oats have fallen 1 to 2e. in sympathy with some weakness in
the Western markets ; a good trade in options has taken place,
while the cash business has been rather moderate. To-day the
market was Irregular, with cash being ^@J4c. higher ; No. 2
mixed sold at 38@33>2C. for October, 39 >6@40>^e. for November and 39%@i0)ie. for December.
The following are closing quotations:
FLOUR.
No. 2 spring. ..!g bbl. $2 509
3009
No. 2 winter
2 90®
Superllne
Spring wheat extras.. 4 25a
5 50ep
do bakers*
Wis. & Minn, rye mix. o 00 8
Minn, clear and stra't 4 50 a
Winter shlpp'g extras. 3 90*
5 759
Patents

Sept
Oct.-Nov
Jan.-Feb

65164 3>50s4
63064
62684

Wheat-

CMty slalppin." extra?. §5 25a 5 65
flrkiiMinvii baKers'
hiLKOI'A' and
aud
8outheru
5 25a 7 25
family brauda
00
00 Sjuth'n slLip'g extras. 4 85a 5 40
3 50a 3 90
superttne..
Hour,
Rye
00
50 Corn meal4 209 4 25
&0
Western,
50
Brandywiue, »fec..-. 4 30^ ....
40
3 50a 3 80
flour.lOOlbs,
Buckw't
56
GRAIN.

3 00
36.t

4
5

7
6

7
4
8

®ai84®2o84

Dec. -Jan
Jan.-Feb

62»64
62564

May-June

Nov.-Dec

..62964

Dec- Jan

63164
632e4
62884
62564

June- July
Oct.-Nov
Feb.-Mar

May-June

62854
62684

Jan.-Feb

Apr.-May
Sept. -Oct

Oct.-Nov

63084
62484
62464
62464
62884
6*0e4
62964

Friday.
June-July
Sept
Dec-Jan
O0t.-N0V.. .63084^,29^4 Jan.-Feb
Nov.-Dec. ..62684®2og4 Sept
62584 Sept.-Oct
Jan. -Feb
Feb.-Mar
628g4 Oct.-Nov
Mar.-Apr...6«884SiS784 Feb.-Mar
6SO84 Mar.-Apr
Apr .-May
63i84 Nov.-Dec
May-June

Sept......
Sept.-Oot

64884

64Im

'*40^4®3Sg4

Apr.-May

62«6i

May-Juue

63254

Oct.-Nov

64764®46g4

Dec-Jan

62484
62*84
6*564
63864
62364
62084
62684
62464
630^4

Feb.-Mar
Sept
Sept.-Oct

Nov.-Dec
Jan.-Feb

Apr.-May
May-June

JuneJuly

62764
62384
62*84
64484
6S764
62384
..62364
62764
62984
63164

i

I

® ...
a ...
®107

Spring. per bush.
Spriug No. 2

1

Com- West,

mixed

West. mix. No. 2

Western white
Southern white..
Western yellow..
Bye— Car lots
Boatloads
. .

85
65
68
72

70
7«
73

ai

a
a
a
w
a
a
a

13
7014
7014
...

tFrom

the " Nevi

OatsMixed

35

1

1

No. 2 mixed.
No. 2 white

...

BaileyCanada No, 1...
Canada bright..
State, 4-rowed.
State, 2-rowed.

Barley Malt—

77
80

Canada
State, 2-rowed.
State, 4-rowed.

a

3Si2»
ST-Hi
4513*

White

93
Red winter
Bed winter. No. 2 IO5123IO8I3I

|

Feb.-Mar
Mar.-Aor.
Apr.-May

September and Octo-

ber contracts in that market has at times been no less than ten

Thcksday.
Sept

.

receipts

been so slow that dealers have attempted to stimulate business

White

Wednesday.
Sept

The

have been large, wheat has declined and the sale of flour has

I

Tuesday.
655c4®54£4 Nov.-Dec. .63084®29e4
®*l84®*^61

Jan.-Feb

market has been dull and declining.

floor

at 95c.

Theaotual sales of futures at Uverpool for the same week are given
below. These sales are on the basis of Uplands, Low Middling clause,
unless otherwise stated.

The

40
52
38

....

BlOO

05
98

a 1 03
? 1 00

1

a 90
120 »130
ai 10
1 05
115 a 120
83

York Produce Exchange Weeklu-")

Receipts of flour and grain at Western lake and river ports
for the week ending Sept. 23, 1882
:

Flour,
bbt».

At—
Chicago

Milwaukee
Toledo
Detroit

Cleveland
Bt. Louis
Peoria

Duluth

bush,

Corn,
bush.

(56 (6s.)
(196 (6s.) (60 lbs.)
46,829 1,057,032 1,097,983
11.810
53.820 118,465
77,202
618 697,609
3,000
4,373 195.297
2,500
16,900
622
9.255
56.393 415.101
96,500
7,250
1,163
5,200 219,758

Total

Same time

Wheat,

'81.

169.018 2,727,415 1,298,285
1S3,8J6 92o,939 3,174,701

Bye,
Oats,
Barley,
bush.
bush,
bush.
(32 lbs.) (48 lbs.) (56 lbs.
482,069 149.2.^7 75,496

45,600 143,330
1,802
29,231
42.633
4,223
3,600
103.354 22^343
7,200
190,135

9,125
6,767

16,566
12,650

901,817 328.183 120,604
956,471502.753 131,011

Bbptember

THE CHRONICLE.

1853.]

30,

Total receipts at sumn ports from Dec. 26, 1881, to Sept. 23,
1882, inclusive, for four years :
1879-80.
1881-82.
1880-81.
1878-79.
I.IH.ISS
0,170,276
4,747,288
Flour
bbl8.
5.112,197

Wheat

47.0S)0.5S1

bu»h.

Ooni

60,:ii)1.651

OaM

33.571.735
6,018,030

BarleT

Rye
Total trraln

....

53.001,810

6e,01'p,407

Peorlu

115,275,00".

73,703.!):i0

Indlan,tI>olis

3;i.2-22,4S»

20,398.077

23,432,700

Kaufas City

.'j,.'i06.617

4.28!).0.-)2

4.574,3:i7

1,'J8J.910

2,008,7^7

2,173,133

3,lUd.415

188.292,532

304.1S7.772

171,791899

Comparative receipts (crop movement) at same ports from
July 31, 1882, to Sept. 23, 1882. as compared with the previous three rears

:

1879

1881.
1.352,125

1880.
1,079,123

21.745.927

13.628.314

Com

11.U0.57H

Oata
Barley

11.524,8,50

33.539, h52
0.708.871

17,921,713
0,370.693
2.133,020
1,196.901

51,513,162

1882.

Flour

.bblB.

1,172,903

Wheat

bash.

Total (fralD....

1.002.319

800.128
770,250

l,.'J7.T.32n

1,009,310

20,111,115
27,593.817
8,371,265
1.633.310
1,030.781

15,052.033

56.521.706

58,840.297

Rye

In Store at—
Boston
Toronto
Montreal
Philadelphia

43,031.737
101.112,900

113,50a,855

.10.017. 5:J2

Biiltitiii

Flour

1880-81.
0,430.815

1879-80.
3,382,131

5,117,918

38.262,415
52.116.s30
26,915,390
2.140,082
2,052,220

39.968.231
80.811,351
27,230.902
2,615.071
1,531,320

50,926,337
100,990,711
21,293,010
2,252.163
2,009,095

57.821,315
66.S51.15S
17.020,001
2,711.307
3.189,058

121,822.919

159,217.178

177,172,585

117.025,929

bush.

ffteat

C5om

Caw
Rartoy
Ityo

Total grain

.

187i^-79

1881-82.
5,412,005

bbls.

Rail shipments from Western lake and river ports for the
ireeks

ended
1882.

Flour

Wheat

bbls,

bush.

Sept. 24.

Sept. 27,

140,189

133,240

91,703

113,893

692,923
283,585
561,113
138.717
67,330

238,557
,206,478
785,897
179,548
96,013

307,725
328,910
1,115,353
108,113
62,352

511.975
346,065
310.888
222,560
21,767

1,752,698

2,508,493

1,932,753

1,413,261

aye

Rail

and lake shipments from same ports for

Week
Flour,
bals.
endina—

last four

Wheat,

Corn,

Oatt,

t>U8/l.

hus/t.

bush.

Sept. 23. ..191.011
Sept. 16... 193. 939
8«pt.
9...178.1'J6
Sept.
2... 154,903

2.528,614
2,350.991
2.120.899
2,206,731

rot.,4 Wk8.721.s79
4w'kg 81. .589.237

9.207.233
4.818,663

Receipts of flour and

ended Sept.

Week

Week

Week

Sept. 25.

Corn
Oats
Barley
Total

1879.

1880.

1881.

Jfeek
Sept. 23.

80,1.113 1.06J.859
1,262.117 1,157,682
1,290,159 1,726,916
1,179,238 1,915.563

lake
canal

138,717 125,593
90,633 153.087
50,003 88,373
17,706 71.398

5,806,025
3,143,401

Wheat,

bbls.

bush.

Com,

Barley,
bush.
bush.
1,100
573,910
1,125
113,150
2,600
1,683
Oats,

bush.

699,791
95,035
8,800

119,196 1,398,538
77,280 106,700
1,200
19,507 231,111
Philadelphia... 28,001
123,200
21,105 750,760
Baltimore
New Orleans... 31,361 159,051

Boston
Portland
Montreal

oi'obo
10,500
11,128

56,950
16,600
41,553

4,200

892,257
Total week... 301,9212,778,696
week '81.. 221,593 1,980,205 1,919,01c

839.187
731,013

8,125
7,700

Oor,

Rye,

bush

700
1:500

4,500
6,700
31,128

Total receipts at same porta from I ec 26, 1881, to Sept, 23,
compared with the previous three years :

1832, a^

Wheat

Com

Oats
Barley

Bye

1880-81.
9,318,000

1881-82.
8,223,579

bbls,

bosh. 57,679,121
21,303,275
21,711,132
2,313,175
1,080,127

Total grain

.107,050,130

130,131,503

1879-80.
7,323,912

1878-79.
7,628,803

90,831,176
112,051,239
16,437,275
1,0S3,853
3,508,010

100,889,723
83,012,833
16,371,032
1,830,583
3,105,932

222,511,539

205,200,753

Exports from United States seaboard ports tor week ending
Sept. 23, 1882:
Floitr,

Wheat,

Com,

Oats,

bbls.

bush.

bush.

bush.

115,131
13,513

1,570,812

106,530

16,341

21,109
9,020
9,771
2,821

257,418
293,755
654,120
410,153

11,900

250
20
80

250

Total for-w'k 231.371 3.299.113
BaiBe,time '81. 130,131 2.013,450

150,751
361,096

9,187
23,911

From—
New York
Boston
Portland
Montreal
Philadelphia.

.

Biltimore
New Orleans..

127,670

8,937
18

Rye,
bush.

18,734

Peaf,
bush.

3,542

1,350

Do. afloat

Albany
Buffalo,

Dhloago

MUwaukee
Duluth...
Toledo
Detroit...
Oiwetco..,
Bl. Louis.

(est.)

300
1,500
218,882
112.412

130.000
26.563
14.894
19,275
415.400
07l,0';2

630,000

Barley,
truth.

370

Rye,
bush.

412

21.062
493

S,535

3,907

334.002
203.813
83,900
17,035

3,237

77.658
1 3.

501.143
681,897
60,000

138,717

5.766,702
0.157.097
6.0 10.611

328.531

.•.,393.101

3.015,097
6,437.203

BOO

9,124

19,700
lO.i.OSl

119.920
37.300
10.097
875,021

67,33»
ue,50S
68,300
760.786
725.136
709,160
635.107
610,914
820.92a

Exports or Provlslona.
The following are the exports of provisions from New 'Sork,
Boston, Baltimore, Philadelphia, Montreal, Portland and New
Orleans, for week ending Sept. 23, 1882, and their distribntion
To—
lyondon
Uverjiool

GiasKow

—

Pork,

Beef,

Lard,

Baeon,

Cheese,

bbls.

bbts.

lbs.

lbs.

lbs.

931

495
791
834

221

Bristol

"95

Hull

Havre
Bordeaux

50
9

24
"50

Auiarcrdam..

10
00
20

Antwerp

15

...

Marseilles..

.

Bremen
Hamourf^
Copenhagen..

250
84

u

GermanpoFts
Italy&Md.pts
Brazil

30

Am..
8. America
Cuba
Central

.

63
269
89
713

114
59
164

Hayti
West Indies.

1,482

Brit.N.A.Col.
Oth.ooantries
Total week..
Prev's -week

5

"49
303
101
05

4,515
2,053

3,683
2.579

633

2,735,851 2,033,180

78,100
27.075
113,525

548;500
21,152
36,720

lbs.

478,200
299,900
22,000

74,980
118,760

118,200

240

5

....

Mexico

138,244
2,034,209
422,900
335,750
90,280
190,360
906.150
128,000
56,200
914,460
215,000
10,600
302,300
14,000
35,000

Tallow,

li',806

52,019
126,580
101,080
30,950
248,341
13,632
6.396,745
4.589.619

2,761
72,241
1,917
12,000
1,200
2,025
1,610
3,732
8,007
"l2»
7,800
3,210
3,347,999 3,700,632 1,004,280
3,149,099 2,403,008
188,000

4,189
5,719
28,354
21,748
6,181
100,181
3,100

THE DRY GOODS TRADE.
Friday, P. M., September 29, 1882.

The past week has witnessed a less active demand for dry
goods than was expected by commission merchants and importers, and the jobbing trade was checked to some extent by the
unfavorable condition of the weather. The stringency of the
money market Las also tended to restrict operations on the pait
and their purchases of fall and winter
goods were consequently governed by actual requirementsj but
some fair orders for spring woolens, white goods, dress fabrics,
&c., were placed for future delivery. The tone of the market
has lost some of its late buoyancy, but prices are steadily maintained on the most desirable fabrics. The failure of a large
Boston jobbing house (Wellington Bros. & Co.) caused great
surprise in the trade, as tfie firm had been in very good credits,
and had even discounted their payments within a few weeks.
The exact cause of this failure has not transpired, but the liabilities of the firm are about $696,000, against nominal assets,
of about $625,000.
Domestic Cotton Goods. The exports of domestics for th*
week were 2,076 packages, including 608 to Great Britain, 58S
to China, 298 to U. S. of Colombia, 136 to Hayti, 136 to Venezu-

Wheat,
bush.
1,793,999

—

72 to Mexico, 56 to Brazil, &c. Plain and colored cottons
ruled quiet in first hands, and the jobbing trade was only moderately active. Prices have not materially changed, and really
desirable goods are generally steady; but low-grade fabrics ar»
a trifle easier in some cases, and the tone of the market is barely
ela,

so firm as a short time ago. Print cloths were in moderate demand, and while 56x603 are steadily held because of the light
supply, there has been a slight decline in the price of 64x64a,

which are now quoted at 3%c. less 1 par cent, with plenty of
Prints were in moderate demand only
and ginghams ruled quiet; but an increased business was done,
in cotton dress goods at lower prices.
Domestic Woolen Goods. There was a steady call for small
reassortments of heavy eassimeres and suitings by the clothing
trade, and the same class of buyers continued to place fair orders for light-weight eassimeres, suitings and worsted coatings
overcoatings were lightly dealt in, and
for future delivery
there was a lessened demand for cloakings. For light-weight
satinets there was a moderate inquiry, but Kentucky jeans

sellers at these figures.

18,734
32,003

4.892
02,334

The visible supply of grain, comprising the stocks in granary
at the principal points of accumulation at lake and seaboard
ports, and in transit by rail and water, Sept. 23, 1882, was as
follows:
In store at—
New York

Oats,
busk.
212..501

of wholesale buyers,

Flour,

New York

Flour

235.200
103.725
863,163
260,540
1,035,330
2.402.239
1.325,000

bush.

Sept. 23. '82. 13.237.051 0,700,533
Sept. 16, '82. 13,636,830
705.089
Supt. 9. '82. 12.730.012 0„591.ii^6
Sept. 2. '82. 12.015.595 0,251, 7.i2
Aug. 26, '32. 11,501,661 5,587.811
Sept. 21, '81. 19.051,81125.008.633

Tot.
Tot.
Tot.
Tot.
Tot.
Tot,

Rye,

23:

At—

Corn.

28,548

bush.

297,119 411.151
563,937 268,398
grain at seaboard ports for the week
4,.537,257
ll.i
,920,113

le

MIsitlsslppl.
rail.....

weeks:

Barley,
bush.

Wheat,
bush.

60.686
16,043
02,009
721.389
1,222

Uowii

On
On
On

Comparative shipments of lioar and grain from the same
ports from Dec. 31, 1881, to Sept. 23, 1882, inclusive, for four
years:

3B1

Corn,

Oats,

bush.

btuh.

714.358 2,555,030
163.000 108.000
58.000
93.123
1.000
93,855
395.709
439,009
l,30I.'4O6
2,300.647 591,580
'
21,652
217,201
5,337
132,000
528,651
66.889
50.330
3,526
149.087
3,814
50.000
138,000
392,050
205,946 104,668

Barley,
bush.
1,105

622,000

26,0d6
78,455
10,012

10,000
19,403

Rye,
bush.

129.676
33.000
32,000
13.072
147.453
17,681

—

;

and doeskins continued quiet with agents. Soft wool dress fabsackings continued to move steadily, and leading makes
21.117 rics and
906 are largely sold ahead. Flannels and blankets were somewhat
Worsted dress goods.
21,395 quiet, but fairly steady in first hands.

THE (CHRONICLE.

382

[Vol.

XXXV.

Hecelpts of Leadlna; Articles of Domestic Produce.
sh&wls and skirts met with moderat<» sales, and carpets were
The following table, based upon daily reports made to th»
jobbed in fair quantities. Knit underwear, fancy knit woolens
New York Produce Exchange, shows the receipts of leading
and wool hosiery ruled quiet and steady.
FoKEioN Dry Go;)ds. The demand for forei^ goods was articles of domestic produce in New York for the week ending
only moderate and mostly confined to a few specialties. Dress with Tuesday last (corresponding with the week for exports),
goods w«re less active, but silks were in fair request, and also the receipts fro-n Jan. 1, 18S2, to that day, and for the
plashes and velvets met with considerable sales. Linen goods corresponding period in 18"S1
were inactive but steady, and laces and lace goods were disWeek ending Since -Inn. 1, Same time
tributed with considerable freedom, privately and through the
Hept. z*j.
last year.
1882.
in
gloves
were
fiir
demand,
and
and
Hosierj'
rooms.
auction

—

:

there was a steady

Ashes
Beans

call for embroideries.

llmp^rtatlous orDrjr Gaods.
The importations of dry goods at this port for the w.'ek
ending Sept. 28, 18S2, and since January 1, and the sarae faeti;
for the corresponding periods of 1881. are as follows:
a
Silk

silk

Flax
Cotton

Wool

1

§
3

VlanafaotureH

o

.

1
•

1;
•o:

o

.

:

;

10

^C<

tC

-k]

0>

s

00

— to 0:
w»«ato

tc**

to
>(»

^
>

ucsyisjw

r- 'T
Ot-vl
»- c.

X
m
a
->
a
n

co^-toa;'4

- c CO

r

.X

t-cjcowcn
10 IOCS

tout

b*-

CCCit-OCO
-itox-i-^

ri

aoo-iwb

n

:

:

:

Ut|(k

(UytOiitO

S
c

IS

to

>

*•']

ST.

1

» —

-

j:

^
o
3S

5

U» 10 c: CO

-

to 00 to 0> 10

<©c

aOCD<lif».

C;ih-

c;outo^i

ODJl
toos

'-C

i

0:^x0

.

H-O
i--viOx^
to

*-'»-'

fU
^i

t^t-i

—O

'-O •*»'

^-1

*

~*
S- i£

•-c:;o»t--3i

QOMb*»bD
ffl

0«

?

S3: 3

CCS

^

X to X
CO *.
OS a«

a

a*

ot

.

wtMUCOpS
xbto-vix
-^tiCCX<l

^

tO&3

4"

00 31
10 to

b>-^wb
';ox**rf-oo

sooO'tO

to

to

c;i

w to M

.1;

3

SOW
ceo

C>I0w'm35

Cji;o

»
^
fe

CC to OD to CO

ciioa*-M

00

to— —

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(to-

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^O

-1

-J

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-.

Ji.

rv

t.

i»

•
1

>
^
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2

-r-

-ItOtOCi

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-J o;

—

o o ot

1
2 ll

M

c: 3:

M CO X CO
yiwox —

to

to ci to CO

yt

0*<i<i<liD

K

>-

:ji

?

x:r
»«:

C»

X^-i

00 to

to

X

X

K

(yt

X

:d:>:-^^*^

ro

^C3>t^V<U
c;»-4t^xto

00*1

tow
I-X

to c.

:;>

X: '0

yiX

MCOpUOJft

X
;i

(-'X

'^lU'^io''-'

'^

c-x-o:*^
cr,

*J

3-.

to CO

-'J

31

^^

en *w

*4

o

— tO-^M*
O tf to X
- *- O
-J"

to to

C

Sj

to

r
n

>-

3

91

,

X

?•

X

«

OX

C'wiw:.'to

;r

>

o CO ^ r. kJ

tnco^torf^p

o; to

'tJ

if>

M
(-•

?;

M—
X 31 C

QOW

?:

-jt

WCIXWO
w

(Ub to 'toco

•

busli.

bush.
bue'a

Oats
Barley
Peas
Cotton
Cotton seed
Flax seed
Grass seed
Hides
Hides

oil

bush.
bush.
bush.

322,950
74,430

bales.
bbls.

22,341

bags

11,600

Cbina

1881.

Eartlienw
Olaas
<31a8sware
^lass plate.
Buttons
.

Coal, tuns...
Coooa, bags.
Coffee, liiigs.
Gotton.bales

Drugs. Ac
Bark, Peru.
.Blea. powd.
OocUineal..

Oambier
Oum, Arab
.

.

Indigo

Madder, <Sic
OU, Olive.
-Qpuun ..
.

Boda,
Boda,

bl-ob.
sal.

Suda,

asli

Flax
Furs

Ouany

1882.

12,

-08

14,729
42,288
2,221,810
4,178
19.250
28,144
2,976
11,71
0.379
6,882

bales
bales
sides

Hops
Leather

Lead
P'f'
hhus.
Molasses
bbls
Molasses
Naval Storesbbls.
Turpentine, crude
Turiwutiue, spirits... bbls
I'bls.
Rosiu

9,832
33.87i
62,73i
6,173
10,69

903
4,2M8
225,578

India lubber
Ivorj'

2,013
0,335
69,4
1,860

H

Jewelry, ic

Jewelry
Watches

2,riSo

.
.

.

Linseed

1.010
177.58>*

Alolasses

91,788

Metals, &o—
Cutlery
. .

H;ir,lwiire

Steel
1,514,110
Tiu, boxes. 1,690,19:
44,6311
Tiu albs., lbs 12,170,868
47,132 Paper Stock,
170,341

1,920,804 Sugar, hlids,
8,391 tcs., &bbls.
Sugar, boxes
21,889 and bags.
14,747 Tea
3,889 Tobacco
32,4!)9 Wines, &o.
.

41,£l.i

206

5,.%42

pi;

5,640
9,214

417

548,624
2,363,69

616,413
57,061

192,862
287.1-89

26,766
1,582,10»
804,555
1,199,634
11,903,163
132,132

513,671

baskets

.

Wiues

4,5.53'

148,295
195,687
51,398

152,021
183,323
35,068

6'<,944

2,.?23,S74

21,583

418,616
75
23,338

67
2

1,210
82,^63
354,718
81,559

pkgs.

45
6,160

bbls.

132

328,273
8,574

I'eauuts

bush.

1,561

59,325

96,168

pkgs.
pkgs.
pkgs.
pkgs.

815

75,411
33.-18
693,011
956,733
1,732.3-8
517,394
249,941
173.034
33,133
40,307
81,730
13,048
757
3,922
28,529
93,520
82,393
148.551
92,123

95,497
29,332
837.478
1,124,697
2,284 944
458,052
405,485
215,469
35,429
45.276
99,753
16,649
9,323
16,033
38,521
113,279
70,477
166,203
79,745

Tar

2,067
5,668

343

bbls.
bbls.

Beef
Cutmeats
Cheese

2,078
ii.eo;
25,493
49.828

pkg.s.
bbls.

Eggs
Lard
Lard

tcs.

l(j,3l9

10,530
3,323

Abbls.
kegs.

Hogs, dressed
Rice
Spelter
Stearine

No.
pkgs.

861
672
218

slabs.

pkgs.

Sugar
Sugar
Tallow
Tobacco
Tobacco.

1,679

galls.

—

bbls.

60

hhd.s

831
4,039
1,411
3,477

pkgs.

boxes

& cases,
hhtls.
bbls.
bales.

Whiskey
Wool

907

Exports of liead las Articles of Domestic Produce.
The following table, based upon Custom House returns, shov s
the exports from New York of all leading articles of domestic
produce for the week ending with Tuesday last; also the exports
from the Ist of January, 1882, to that day, and for the corresponding period in 1881
:

Week ending
Sept. 26.

Fancy goods
Fish
Fruits, &c.—
l.*imons ..
.

Beeswax

1,482,998
1,256,981
492,162

1,245.8.73

1,146,198

392,373

bbls.
bbls.
lbs.

Since Jan.
1882.

1,

Same time
last year.

351
49
10,378

1,069
195
52,371

2,743,748
2,756
80.481
26.708.000
1,024.575
112.359
6,338
284,787
6,767,017
31,928
49,842

3,596,273
2,614

Breadstuffs—
Flour,

wheat

rye
Corn meal

Wheat
Rye

bbls.
bbls.
bbls.

bush.
bush.
bush.

Oats
Barley
Peas

145,721

44
2,508
1,336.428
17,901
9,320

bush
bush.
bush.
pkgs.

Com

Caudles
Coal
Cotton
Domestics

tons.
'...bales

pkgs.
bales
bales

3,038
202, /68
1,060
.

610

11,976
2,076

575
687

.... bbls.

Spirits turpeutine.... bbls.

419

bbls.
bbls.
bbls.

17,709

Ro.>iiii

Tar
Piteh

cake
Oils-

1,651,248 1,001,671
1,627,940 1,33.=),! 43
1.131,376
670,746
Raisins
1,424,192
667,972
1,766 Hides, undr. 14,320,748 14,893.915
5,372 Rice...
77&,183
149,832
51.207 Spices, Ac—
2,507 Cassia
129,175
66,261
Ginger.. .
37,246
60,218
1,311 Pepper..
255,431
279.921
847 Salt)>etr6 ..
259,492
257,787
173.427 Woods
66,931 Cork
752,611
553,5 ».4
Fustic ....
109,844
103,2^8
6,175 Logwood
550,127
533,134
731 Mahogany
348,967
343,900

Oranges
Nuts

Ashes, pots
Ashes, pearls

cwt.

Oil

eutite.

Cigars
-

2,190
1,777
3,640

Oil cake
Oil, lard
Oil, whale......

2,259,297 Hay
868,945 'Hops
42,209 Naval Stores—
Cnide turpentine

Champ'gne

Wool, bal^s.
910, Reported by

37,533
60.354
"'"
"
6,013
7,766
1,872
5,278
229,218

4,090,972
154,743
35,737.205
6h2,130
31,991,225
12,518,495
3,434.864
182,989
621,565
19,833
824,400
68,526
113.852
29,664
48.946
2 112,800
111.970
3,429
52,737

101.465

1.385
61.515
23o,361
19,447
2,902
444.258
6,672

F'lour,

234.400
" RE. bars
83,240
Lead, pigs
30,171
Spelter, lbs 14,501,668
Iron,

3S.86>5|

43„i:io

cloth

Titdes, dr'sd

18,427
38,001
340,084

6,373
4,068
439

Hair ... .
fiemp, t'al34
>^idts 4o.
Srlstus ..

1881.

Metals, die

23.543
4i,i7y
386,908
47,037
7,585

3,5 ;9.160

27.9-2, 7ia
93 ,278
11,017,699
li.962,401
3,801,013

Articles.

following table, compiled from Custom House returns,
foreign imports of leading articles at this port from
Jan. 1 to Sept. 22, 1882, and for corresponding period in 1881:
fThe quantity is given in packages when not otherwise specified.]
1882.

2,857
57,295

451,830
596,959
23.009
441,713
163.913
90,999
46,431
49,762

917

No.

The

(Sic—

40
8)8

bag.s

shows the

CMuu,

2,563
1,091,816
S.7B0
651,207

libit..

Wheat
Rye

Butter..

X

113.362

bbls.

Corn meal

Pork
*i

X *- CO *1 o

--0

Flour, wheat

Px'o visions

r*

— totJin:;»=B ?
i^:;<c^oto
S
« m yi
U tOOJO M

£

CO
4*

i£^

.»
X cu
0<
-J
C -1 ^l *i
* O'
"*-•'r c:
'l^
^:a
Imports or JLeadlUK
C3 vX

s
!

c; to (0 <j **
tn bib "'-'*-•

bxb--'
CiCs

Bra

3

^

to

OCh-

c-c

a;" rf*.

xtoccto w
^<iy3*--i

ri

:;!

>^

;;>

yi

X
^
o

>•

i^tooao

CTi^
»KO>

o

oxxtcto

5
R

c^

M to
C. 10 0^ M
^ *. X « 33

^
OT

K

<-' cji

1—

to

CIM
-00

rf^

S

C;t*C0C;tO5

^

3

4.426
26.233

BreadstulTa—

Piteh

1

3

^•^

rO

— to to to
a
- X y< ^» w
c :c at ^ -X

to-,0

M

3
^

totooiwco

to

if-

tiO'ito*.

o©

QOtO

c*

*

to ^1 J^ 01 »o

CO

<

^

.

CO

>

MM

10

o 31 - O
C Oi to CO u

tOH*

<i-t

— to

h3

.&.3i

a:

to

W-OUiiO

lO*-*

CO
uo

t0 4-

to

o Cito

05 00

^00

— IOC
-1 ~jyo

h-

WIO

-',u
QCCi
#»•«

b
^

T

.•^

.

,

to
Vt

C -^ to

Ci

—

*---

00

W -4 a to

!X:
-^J

lyx

a

s

a

','•'•'

ooy
eao

Ulsit

b
A

^.^Hcn

Ul

:

\ji

)t-

?•"

CO
-J

i

C;ii^tOW<l

<\n

r;

— CtOJOCO
h-M — 'JOC.

KOO

iC'^

n

-3

3".

a
o

^1

^

IOU<i

tr

u

:

C.QD

wco
^u
o ^i;

o

:

s

U'tO

3

Pr'

(U

^;
1

bh-

M Wi>

^
to

o

•

GO

O"-"-* lU

Q,

<l

CO

i

b

pii-

Cotton

,

(B

F*,-

00>t»

a>

o

1

r:

^
o
H-

^

1
—

bbla.

Com

Pi

49
309

l'bl«

Whale
Sperm.

140
88
62,472

gals.

liard

Llusccd
Petroleum

..gals.

600

gals.
gals.
gala.

4,538

219
5,988,161

496,129
106,530
40,483
17,207

156,1.37

33,970,351
796,875

317,894
13.323
189,310
24,998,285
43,818
50,043
421,222
106,232
67,491.

19,917

205

166

18,899
245,622
10,121
5,160
1,571,530

8.319
139,100
8,693
4,080
1,804,853

80,391
183,479
236.781
30.928
282,709,804

163^67
118,^84
308,186
26,279
251,213,093

122,196
29,381
33,317
180,066,477
5.140,615
79.110,115
123,214,435
14,623
17,028.741
80,753
36,062
5,026,208
169,933

140,323
34,664
40.035
299,554,660
15,953,435
108,705,911
168,185,320
18,537
33,837,741
68,903
41,863
4,374,804
86,439

ProvisioiJS

Pork
Beef
Beef
Cutmeats
Butter
Cheese

Lard
Rice

bbls.
bbls,
tierces.

2,8S5
1,203

lbs.
lbs.
lbs.
lbs.

2,134,44)
287,919
1,525,643

bbls,

873
403,570
2,677
1,445
217,649

lbs,
Tallow
hhds.
Tobacco, leaf
bales and cases.
Tobacco
Tobacco,manufactured. lbs.

Whalebone

.... ...:

lbs,

985

6,290,2!)6

Beptembbr

THE CHKONICLE.

30, 1882.J

Finunclul.

Financial.

&

E. A. Mauriac

Co.,

BANKERS AND BROKKRB,

Howard

Hknby Bowbbs,

Jr.

Kxcli.

&

Lapsley

Co.,

BANKERS AND BROKERS,

No.

WALL STREET,

5

New Vork.
B.

and <;thurfl.

Fi. Fti. for Sale of

MortKutfed I'remlHes.

Bjr virtue of the abovo-stiited writ to mo directed. I
shall expose for sale at Public Vendue, at the ofllco of
the Oxford Iron Company, township or Oxford, In the

County of Warren, Now Jersey.

Dyeh Peakl,

PIARL.

Member N. Y. Stock Ezob.

&

Co.,
Pearl
BANKERS AND BROKERS,
BROAD SXREET, NEW YORK.

Oil

Tuesday, Oct.

lOtli, A.

D. 1882.

At 2 o'clock P. M.. the following described property,
to wit:
All and sinfrular the lands, property, mines, mineral
and other rights, situate in the townships of Oxford,
Washington. Miin.stleld atul Hope. In the County of
Warren, arnl State of New Jersey, which were conveyed to the said The Oxford Ir()n Conipuny by Selden T. Scranton and Kllcn C.Iils wife, Jane II. Scranton. James S. Scrantnn and Kate Ij., his wife. Georue
A. Fuller and Klizabeth W.. his wifo.und WIlUuui fl.
Scrantt)n, by deed bearluK date the first day of November, In the year one thousand elKht hundred and
sLxty-tiiree, and recorded in tlie oRioc of the (Jierk of
the County' of Warren, in the State of New Jersey, in
Volume 5/ of Deeds. pa«e 804, which said lauds are In
the said deed of conveyance bounded and duscrllied

as follows, viz.:
All that certain lot, tract, or parcel of land known
by the name of Oxfurd Furnace, situate, lylntf and being
in the township of Oxford, county of warron, and
Btocke and bonds bought and sold on commission.
New Jersey, butted, bounded and doscrllied
Interest allowed on deposits subject to slijht draft. State of
as follows, to wit Heglnninij; at a stone comer on the
Letters of inquiry cheerf uliy answered.
north side of the original ntih'oudjJriick, and running
as the needle now points (1) souttnJTdORrees east, 4
chains and 01 links to a stake; (.2) south 28
deKcees
east, 4 chains and 52 links to a stake (3) south 48'-^
deKrees east, 5 chiiins and 3 links to a stake; (4> south
50 deKrees east, 4 chains and 50 links to a stake (5)
Stock iSrokers,
south 84 degrees east,
chains to a stake <Q) south
841^ dearoes east, fl chains and 92 links to ji stake; (7)
No. 16
south CflH degrees east, 10 chains and 3 links to the
south abutment of the Warren Railroad bridge; (8)
T. James.
John 8. Jamfis,
south (>3 degrees west, 11 chains ana 70 links to the
Member N. Y. Stock Exch.
middle of the imblic road leiullng from Oxford Furnace to Port CoUlen; (U) south 86^ degrees west, 1
Stoclu, Bonds, Xc, bought and sold for cash or on
chain and 2S links to a corner in the middle of said
margiu.
road; (10) south 25W degrees east, II chains and 5
links to a corner in the original railroad track; (II)
south 4854 degrees west, ** clialna and 28 links toacorner in said railroad track tl2) south 5fl dej:rees west,
8 chains and 50 links to another corner in said railroad
track
(13) south 70 degrees west. 4 cliains and 70
Counselor, Solicitor
Attorney. hnks to another corner iii suid railroad track; (14)
80'^ degrees west, 3 chuin-i and 71 links to the
south
Practices in the District Circuit and Supreme
Courts of the United StiiLes and uf the Siute, in middle of the fublic road leading from Oxford Furnace to Washington; (15) south 21 degrees east. 20
All classes of cases. Has no other bUHincs!*. and de*
rotes hi8 pertional attention ind all his time exclu- chains and 10 links to a corner in said road in the line
of hinds of Stephen liUiming; (UW north 57-*^ degively to his profession. Uefers to Bunk of Moaroe.
grees west, 21 chains to tlie south point of a rock in
the Washington mine road; (17) south 20 degrees west,
10 chains and 00 links to a corner in said road; (18)
south l^H degrees west. 3 chains and 20 links to another comer in said road in the line of lands of
said Stephen Lanning; (19> south 15;^ degrees east, 13
cliains and 82 links to another corner in said Lannlng's line; (20) north 59 degrees west, 5cliai(^and 35
No. 52 EXCIIANGE PLACE,
YORK.
links to another corner in said mine road; (2i) south
degrees east, 4 chains and 51 links to a corner in said
STOCKS, Railboai) Bonds, Governments and road ; (22) south 9 degrees west, 3 chains and 75 links
to another corner in said ruad (23) north 50>ij deMlSCKLI.ANKOUa SECURITIES BoUGUT AND SOLD
grees west,
chains and 80 link.s to a chesttmt tree;
chains and 2tt links to a
(24) north 10 degrees west.
stake; (25) north HD'H degrees east,
chains and 84
links to a stake; (20) north 10 degrees ettst, 10 chains
ahd 71 links to a stake; (.27) north 311^ degrees Ciist. 9
3
links
to
a
stake;
chains and
(28) north 13 degrees
west, 38 chains and 19 links to a corner of Huckley's
ISO iniddie Street,
stone fence; (29) north 50 degrees west, 4 chains and
corner
in
the
public
57
links
to
a
road leading from
ItlAINE.
OxfordFurnace to Scott's Mountain; (30) north 73^^
Dealers in Government, State, County, City and degrees east. 5 chains and 80 links to a corner In tlie
Junction of the Belvldere and Scott 's Mountain roads;
Uailrcad Bonds, Bunk Stocks, ±c.
(31) soutli 72'4 decrees east, 2 chains and 35 links to a
Desirable luTestment Securities constantly on
corner In the public road; (32 north 78>«i degrees east,
hand.
12 chains and 30 links to the railroad crossing; (33)
north 54-4 degrees east, 3 cliains and 53 links to a corner in said nillroad; (34 nortli 44 degrees east, 3
cliains and 40 links to another corner in said railroad;
thence (35) north 241^ d agrees east, 17 chains and 50
links to the place of beginnin^i; containing twr) hunDealers In Goveriimentii, Stocks dred and six acres and lorty-eight one-hundredths of
luveittiiieut Securities,
an acre of land, l)e the same ni<ire or less, out of
which bounds, htiwever, are reserved and not conSTREET,
32
Oppos:te second St ,
veyed by this deed, one-half an acre of land, more or
iril>*f
less, attached to the Chapel of the First Presbyterian
of Oxford: one-lnilf an acre of land, more or
Have Western Union wires in their oflices, by Church
less, attached to the Second Presbyterian Church of
means of which immediate communication can be Oxford,
now under contract and process of erection;
had with all commercial points in the country, Ks- one-quarter of an iicre of land, more
or less, attached
peclal attention K'ven to purchase and sale of Virthe German Reformed Ciuirch of Oxford Furnace,
ginia Conjoin, Ten-forties. Deferred and nil issues to half an acre of land, more or less, attached
to the
of the State, and to all classes of i^outhern State, and
Roman Catholic Church of Oxford Furnace, heretoCity and Railway Securities. Correspondence so- fore contracted to be conveyed to said Chinch.

16

theneft south 70!^ degreos west,
feettoaat«k«
thenoe north lO^i degroea wost, 1,748 H-10 feet toftstake; thence north (OM degrees east.i*42 feet to a
st4ike; thenoe south lOM decrees eaiit, 1,115 5-10 feet
to a stake; tbenoe south 'm^degwe* went, 676 feet to
the place of beglnniDx, containing 22 acrei tif Imnd
moreorieas. Talrd— Another lot of land. tx'Klnnlnfc
on a c<jur»e north 34 degrees eit^.O feet from th»
raoat northerly corner of the Hti<M2-»hop, on the qppfw
site oomer fn)m the store of the Oxritrd Iron Cui»
pany, and ninnlng south 43 degrees west. 154 feet to»
stake; thence south 72^ degrees east, 559 feet to a

stake n the bank of llie brook thence north 87 degrees east. 147 feet to a stake In the hank of shIA
brook; thence north 72H degrees west. 5.33 4-10 feet
to the beginning, containing 1 70-l<>0 acres of Iland.
^itrtA— Also another lot of land, beginning at «
point 115 feet on a course south. 72;^ degrees east,
from the most westerly comer of the porch of tb«h
storehouse of the Oxford Iron Company and runntncthence south 72H degrees east, sS.i 0-10 feet to a
stake; thence notih32H degrees east. 144 feet to a,
stake t hence north 72u> decrrees west. 4S2 8-lD fe«t to
astHke; thence north 17Huegree8 east, I.OOOfeettoa
stake by tlie Warren Rjtllroad bunk; thence north 36^
degrees west, lH*i feet to a stake In the eaft side of twi
road; thence south 17U degrees west. 1.152 feet to te
stake corner at the northwesterly end of the store loU:
thenoe. south 72^ degrees eoat. 115 feel to a stakes
corner of said store lot: thence, south 17Hidenees
west, 147 foet tuthe place of beginning, cont^lng
4 99-100 acres, /"i/fh— Also excepting and reservlnK
alt ore and other minerals beneath the surfaceofa
plot of land containing about 17 acres, appurtenant to
and upon which the residence of the suid Selden T.
Scranton Is situate. iHxtU~Al^> excepting and reserving all the ores and other minerals beneath the
surface of the plot of land eontutnlng about 6 acres,
aiipurtensnt to and upon which the residence of W.
•

LAI-SLEY,

H. WII.I.AKD.

Members N. Y. Block

W.

Marshal's Sale.

S.

R. CmCUlT COURT, DISTRICT OF NKW
JUKSKV.M. THK KAllMKKS* LOAN & TRUST
CO.MPANY v». TiiK OXFORD IRO.S COMPANV

No. 7 Wall Htreet.

D.

U.

Financial.
SW

U.

BaUroad, Mlnlnn. and other Stocks, Bonda, (to.
boUKht and boIU on Commiastun.
B. A. MAURIAC, Member N. V. Stock Kiohange.
M. M. UOWLAND.
8VDNKY BiaUOP.

HOWARD

Til

:

John

S.

&

James

Co.,

;

Commisslou
BUOAD STREET, NEW YORK.
Warren

W. W.

;

;

Farmer,

;

MONROE, LOUISIANA.

:

,

;

II.

Scmnton

D. Probst & Co.,
J.
STOCK AND BOND BROKEICS
NEW

part and parcel thero(jf
R. Ij. HL'TCHINJSOX.
Late U. S. Marshal. District of New Jersey..
TtJKXEit, Lek * Mcc^AitK. Solicitors,

20 Nassau Street,

Dated July

New

Vork.

25, 1S8«.

John

& Barrett,

Manning,

B.

BANKER AND Bl«)&.E>,
No, 6 Wall Street, New York ^Ity,

SOUTHKUN
A

SECI KITIKS

SPKCIALTV.

State. Manlclpal and li'allway tiund^i aod Coupone%
bought aad sold at best marlcet nite-. lavcstorb oi
deuierii wishing to ouy or sell are Invlied to coiusnunUu«i.o Willi us.

Meteor

of the

New Vora

Siock ExcnaQRe.

BANKING UOt'SK OF

;

BANKERS

situateo.

;

and

Swan

is

Together with alt and singular the mansion housOv
tenant houses, stores, furnace and its nnpurtenancea,
foundry and Itsappurtenanees.grlht mill and machine
shops, and other buildings and Improvements, with all
the ways, wottds. waters, watercourses, proHts, privileges and advantJiges. with the appurtenances as to
the same belonging or in anywise appertaining; also,
all the estate, right, title, interest, property, claim ana
demand whatsoever, of the said parties of the first
part, of, in and to the same, and of. In and to every

W. Norton

G.

CASH CAriTAL,

AND BROKERS,

I.Ot;iSVILI.E,

6c

C0.3

«20t',:.«X).

KENTrCKY.

POBTI.AND,

Commercial Cards.

1

Wm.

And

&

Sons,

Fisher
BANKERS,

>

and

SUUTU

BAliXIMOKB,

licited.

George

Eustis

&

Co.,

Race,

CINCINNATI, OHIO.

SPECULATION AND INVESTMENT
IN STOCKS AND SHARES
W^ITH A miNiraCOT RISK.
]ust
post free upon application.

OPERATORS

IN

published,

itratli

STOCK EXCHANGE SECURI-

TIES

should test this system, by which largo profit*
are realized, and the possibility of losses reduced to

a minimum.

OPINIONS or THB PRESS.
Civil Service Qazettt—"'VhQ system recommended
by Messrs. Gutteridize & Co., Is eusy to comitrehend
and safe." John Hull— "An ojisy and apparently safe
worthy of public conlldence." Court Jnurri'il—
•'An excelicil way of speculating, ably sot forth"
CtoUirtn— "An mler»wtlng book.
This system ojmmends Jfcelf as being a very Mifo one." News of the
WorW-»'rhld book is well worth .eudlng. One cannot do bStter than retain their services."
aystiem,

W. GUTTERIDRB A
8W0RN BROKERS, Na

7

IN,

RICE,
9« Wall

Strret,

New YoWi,

10, Vi •& 14 Eaat Bay, Chnrlcston,
108 Bay Street, Savauuali,

41

To KMsiia Beers, Samuel
Thomas Sheridan, Michael lllibcrt, Valentine
Abraham Brocaw, P. Martin, Samuel Sheri:

&

43 North Peters

St.,

N. Orleaug.

Nicholl,

BROKERS

EXPLANATORY BOOK,

irilLLERS, FACTORS,
AND COMMISSION MEKCIIANTS

Also all t he mines and minerals contained In and upon
all the said farms, tracts of land and lots before the
date of this deed, sold and conveyed by John P. It.
Maxwell, William I', Robeson and wife to the foliow-

ing-named persons, to wit

nd

Dan Talmage's Sons & Co

CO.,

DRAJ'ERS GARDENS

liOBdoil E. C., EnglaBdi

dan, George Titman.and otliers, John H. Pittlnger,
Tliomas iJuckley. John Wycotf, Jr., Steplien I/anning, Charles Lanning. Daniel Lanning, Julni Pierson,
John Jones, Abraliani Cyplo. Michael Rower, Charles
T. I'ool, John Webber, Henry M, Winter, Jacob
IJenwood and others, John
Wandliug and others,
Anderson, Daniel Slixsell, Smith & Walters, Ramsay
& Gullck, Samuel Ramsay, containing in the aggreof
land,
more
or less, in whose deeds
gate 3,000 acres
for .said hinds are reserved all the mines and minerals
thereon and therein, witli right of way at all times
over the same, of ingress and regress to search for
mines and remove the sjime. Aisotbesamo rights on
all the other tracts of land owned by the said parties
of the first part, or conveyed by them, or either of
them, in which said rights are reserved iu their said
deeds for lands in tJie said County of Warren, containing In the aggregate 5,000 acres <jf land moi"e or
leas, as well the said aiines and niineraJs tlieroin contained as the right of way, ingress and regress at all
times to search for mine, and remove the same, doing,
no unnecessary d:uuage to owners and occupants of
said lands and tenements.
Excepting, liowevcr, and reserving out of and from
the said mort.gaged premises, the following of the
lands by parts and portions the above-mentioned
Fir»t—A. certain lot of land condeed conveyed
taining about seven acres, wliich has been by the said
Iron tjomnony set apart and appropriated for the purpose of a cemetery, knitwn as the (»xford Cemetery,
of which a map has been made and filed In the office
of the Clerk of the said County of Warren, t^ccotui—
A certain piece if land beginning at a point near the
old railroad track, on a course of south iW;^ degrees
west, 6 feet from the centre of a white oak ^^e, and
runs south XOH degree^ en6t, 353 feet to Tstuke
:

ESTABLIisUED

lN;i3.

Sears & Cole,
STATIONERS AND PRINTERS.
Supply Banks, Bankers. Stock Brokers and Corporations with complete outfits of
Stationery.

Account Books and

ty

New concerns oi^anizing will have their or-*
ders promptly executed.
IVo. 1

WILLIAM $TREET»
(HANOTKR SQUARE.)

&

Joy, Lincoln

Motley,.

SnCCESSORS TO
43

E. R. kiudgk:,
& 45 White STaiaiT,
NEW YORK,

SA^VVER &

CO.,

15 CiiAtTifCET

ACUIKT3 FOR

Stkeet.

BOSTON,

Ooenn laUU Co., Atlantic Cotton Blllla.,
Pe>bo<lT MlUs, CIiic<>p«eiar(B:. Co.,

Naw mills, TVlilW Jgiiii. Co.,
Saratoga Victory ITir& Co.,

BUertoii

Sloalnry

aua Kara

JIIUI*..

THE CHRONICLE.

Tiii

&

THE GREATEST

Turner

Brinckerhoff,

Authors, such

Co.,

COTTON SAIL DUCK
all

BAGS,

"AWNING

STaiPBS."

A full supply, all Widths and Colors, always In stock.
Daane

Street.

&

Fabyan

Bliss,

New York, Boston, Philadelphia,
SELLING AGENTS FOB LKADING BRANDS
•

«aOWN AND BLEACHED SHIRTINGS
AND SHEETINGS,

PRINTS, DENIMS, TJCK8, DUCKS, &0.
ToweU, Qnlits, White Goods and Hosiery,
VrilU, Sheelings. rfc. tor Export Trade.

Works at

Orient, l.
RICHMOND. VA.

The

1.,

and

" OaiKNT.

&

Atlantic

hcreka"

"

Virginia

Fertilizing Co.
flFFEll

THEIR STANDAUD BRANDS

Ajiuokiated Bone Sdperfjiosphatb or Lorn

AND

"ORIENT COMPLETE MANURE,"

nd

want a (food workinff a^ent in every thrlvint
-•otton, tobacco, Krain and truck Knowing county
Ap^ly (with reference) to

CRENSHATy, PreaH,
Crenshaw warxhousb,
Rlcbmond, Vb.

W^. G.

Columbia

Bicycles.

Thousands in dally use by doctors,
l:iwyers. ministers, editors, merhants. &c., &e. Send 3-cent stump
for eleprantly lUustrated 36-page

<

caUilogue to

The Pope
642 Washington

Mfg. Co.,

St.,

nyson,

W.

^ Toui'giMi'efl,
Brownine, and many

W.

W.

li.

Story,

Runkin, Ten-

sented in the pages of

The

Agk

has been published for nearly
forty years, and has met with continuous commendation and success.
A weekly niauazine. It gives more than
T-ivino

double-column octavo pa^es of readinR matter yearly
It oresents in an Inexpensive form, considering
its great amount of matter, with freshness, owing
to its weekly issue, and with a satisfactory completeness attempted by no other pabllcation, the
best Essays, Ueviews. Crltlcisma. Serial and Short
Stories, Slietchcs of Travel and Discovery. Poetry,
Scicntltlc. Biographical. Historical and Politicai Informution. from the entire body of Foreign Periodical Literature.
It is therefore Invaluable to every American
reader, as the only satisfactorily fresh and COMPLETK compilation of an indispensable current
literature,— indispensable because it embraces the

productions of

THE ABLEST LIYING WRITERS
In all branches of Literature, Science, Politics and

Art.

" No reader who makes himself familiar with its
contents can lack the means of a sound literary
ulture."— ^'fif York Tribune.
"An indispensable visitor."— JVew York Observer.
"It la indhpensable in every household where
any attempt Is made to keep up with the current
It is a thorough
thought of the day."
compilation of what is best in the literature of the
day, wltether relating to history, biography. Action,
poetry, wit, science, pol Mcs. theology, criticism or
art."— ifart/f/rti C'ourant
"It contains not onlyt e best solid literature, but
also the best serial stories of the day." • • • "its
pages are sufficient to keep any reader abreast with
the best printed thoughts of the best of our contemporary writers."—ipiscopoi Register, PhiUuUlphia.
" No other periodical can compare with The Lrv"A veritable
I> G Age in interest and value." • *

thesaurus of the best work of the most celebrated
writers In literature, science, polities and art."—
Boston Traveler.
" The best and cheapest periodical In America."—

Published weekly at »8 00 per year, free of
urfortio 50 Thk Living age and any one
ol the American $4 Monthlies (or Harpers Weekly
Qt 2iaZ''ir)vi\\\ be sent for a year, postpaid; or for
f9 50 TUK LlviNO AGE and the «i. Alcholas, or Lip
plncotVs Mo7Uhly. Address,
pastagt:

LITTELI. &

School,

Wire Rope.

CO., Boston.

lUE

STEEL AND CnAKCOAL

ANu

PURPOSES

HOISTING

NEW YORK, January 25, 1882.
The Trustees, In conformity to the Charter of
the Company, submit the following Statement
on the 3l8t December, 1881
Eislts from
Ist Januarj', 1881, to 31st »eoember, 1881
$4,039,487 10
Premiums on Policies not marked
off 1st January, 1881
1,587,534 47

of its affairs

Premiums on Marine

Total Marine

Premiums

$5,627,021 57

....

Premiums marked

off from 1st
January, 1881, to 31st December, 1881
$4,110,176 72

Losses paid daring the
period

same
$1,775,882 80

Returns of Premiums and Expenses

$024,227 02

The Company has the following Assets,
United States and State ol Kew
York Stock, City, Bank and

viz.:

$8,965,758 00

other Stocks

Loans secured by Stocks and
otherwise
Beal Estate and Claims due the
Company, estimated at
Premium Nates and Bills Rein

491,148 18
1,631,294 23
317,765 99

ceivable

Cash

1,729,500 00

Bank

Amonnt

$13,165,466 40

Evangelical Churchman, Toronto.

2U E. Wth.St., Near Tnuti) A ve

IBON of superior quality
suitable for MINING

Mutual Insurance Co.,

others, are repre-

Boston, Mass

New York Riding

Thos. Ilardy,

Arnoiil,

.tlHtlhi'w

• flnllovk,

THREB AND A QUARTES THOUSAND

Co.,

ATLANTIC

ThniklTny,

,i»IUs

jUnlocU-Criiili, Geo.
ItlncDonnld, tlrn. Oliphiint,

Littell's Living Age.

"UNITED 8TATES BUNTING COMPANY.

OFFICE OP THE

i>lrB.

.l(>nn liiffeliiw,

Also, Agents

No. 109

HInck,

kinds of

'COTTON CANVAS, FRI.TING DUCK, CAB
COVERING, BAOQINO. BAVKNS DUCK, SAII,
TWINES, ic, "ONTARIO" SKAMLBSS

I-IVING

Prof. !>Irx
W. E.
(liKNloiie, .IfiN. A. Kroude,
I'rnl. liiixU'V. R. A. Proclor
Kd^rard A. Frcciiiun Prof.
TyiidRll, Dr. \V. H. Carponti-r. Prof, (ioldwin Suiilh,
Tlie Uuke ol Aisyll. \> in.
iis

IXulli-r. Iliiilit Ifon.

Manufuctarera and Dealers Id

And

Insurance.

Publications.

Commercial Cards.

XXXV.

[Vol.

SIX

PEE CENT INTEREST on the outstand-

be paid to the holders
on and
after Tuesday, the Seventh of February next.
certitlcateB of profits will

thereof, or their legal representatives,

THE OUTSTANDING CERTIFICATES of
the issue of 1877 will be redeemed and paid to
the holders thereof, or their legal representatives, on and after Tuesday, the Seventh of February next, from which date all interest thereon
will cease. The certificates to be produced at
the time of payment and canceled.

Financial Review,

A DIYIDEND OF FORTY PER CENT

(ANNUAL.)

declared on the net earned premiums of the
Company, for the year ending 3l8t December,
1881, for which certificates will be Issued on
tnd after Tuesday, the Second of May next.

Incliced Planes, TransmisIslon of Pgwer, Ac. Also,
[iGalvanized Charcosl and
IBB for Ships' RlKgin>r, SusIpension BridKes, Derrick
f Guys, Ferry Bopes, &c. A
( lar«e
stock constantly on
hand from which any desired
lengths
are cutI

18

STEEL AND IRON
ROPES for Mining pur-

FI/AT

8 2.

By order of

the Board,

H. CQAP3IAN, Secretarr.

J.

poses manufactured to or-

JOHN W. MASON &
43 Hroadivny,

CO..

New

A yp:ar book

Vork.

-herring's Safes.
THE <HAMPIOX RE:C0»D
IN

ALL GREAT

TRUSTEES:

OF

D. Jones,
Charles Dennis,

Horace Gray,

W. H. H. Moore,
Lewis Curtis,
Charles H. Russell,
James Low,
David Lane,
QordoD W. Bomham,
A. A. Raven,

John Elliott,
Adolph Lemdyne
Bobt. B. Mintum,

Wm.

James O. De Forest.
Samuel Willetta,

J.

INFORMATION

FINANCIAL

FIRES.

FOB

Bankers,
Brokers,
Jflerehants,

Stargis,

Benjamin H.

Investors.

Field,

Joslah O. Low
William £. Dodge,
Royal Phelps,
F. Youngs,
Hand,

Thomas
C. A.

Price of the Revie<:v, bound In clotli, - 9'2 00
nl the Commercial { , nf.
""
nnd Fiuaucial C>»roniclc, - - - - I
Postnge (when sent by Mail,) - . . 10

To Subscribers

,

John D. Hewlett,
WlUlam H. Webb,
Chiirles P. Rurdett,
J.

^IKIMllIVG^
Shi &

&

CO.,

262 Broadwaj, Neir York,

WILLIAM

B.

nX^A & €0

&

81

WlUlam

Street,

JONES,

Corliee,

Charles H. Marshall,
George W. Lane,
Edwin D. Morgan,
Robert L. Stuart,

Charles D. Leverioh,
William Bryoe,
WilUaiu H. Fogg,

Thomas

B. Coddltijstoo.

Horace K. Tharber
William Degroot.

Henry Collins,
JohuL. Iviker.
President.

CHARLES DENNIS, Vk<; Preside!
W. H. H. MOORE, 2d Vlce-Presidjct.
A. A. BAVEN, 3d Yio^Pratidein
t.

,

PUBLISHERS,
T9

D.

Edmund W.

New Tork.

tiSFTBHBEB

THHi CHKOJ^lLXh.

KO, 1882.

Cotton.

Insurance.
HIMBT H. WAKI.

UNION

Mutual Life Insurance Co.
COTTON
OF MAINE.
DIUIOTOBS' OrriCE

... PORTLAND

ORGANIZED

&

Ware

MAINB.

1849.

AsMts

$6,264,215 ST
678 545 53
Death Lonarti Paid - - 6.876,901 76
3,996,441 37
DlTldonda Paid . • 13,725 Policies In force, InanrlDB
8arpln«(N. V. standard)

Cotton.

OIUJAT SOHUOBOaB

E. S. Jemison
BANKBR

Schroeder,

&
a

COMMISSION MERCHANTS

111 Pearl Street,

Naw

COTTON COMMISSION MERCHANTS,
No. 10 Old Slip, New York.

York.

Special attention paid to the exeontlon of order,

purchate or sale of contracts for fatare de-

for the

Liberal kdvance*

llrerr of ootton.

made on

J.

Paid Death Losfles.slnoo Orfranlzatlon.

&

Dennis Perkins

&

P. Billups

Jemison, Oroce k Co., Galreston, Texas.

ooo-

IffDmenta.

<I24,083,551.

lIT Pearl

New

Ntreet,

York.

Orders for Spot Cotton and Future* prompMy

THOMAS

A.

Nos. 16

Me WITT, Prealdent.

DANIEL SHARP, Vice-President.
HKNKY D. 8.M1TH, Secretary.
NICHOLAS DE (iROOT, Asat
FOSTER,

i-OBT
Beo'y.

Medical Director.

HOME

18 Bzchansa Plaee,

NKW

BUILDING,

HINBT

M. ETAN8.

Member N.

OF NEW YORK,

&

(Buocessors to R. M.

YORK.

Special attention given to the Purchase and Sail
of Contracts for future delivery of Cotton.

Company

Insurance

CHAS. FHANOIS

BUBI

Y. Cotton Exchange.

&

Evans

Delivery •

CONDITION OC THE COMPANY ON THE FIRST
DAY OF JULY, 1882.

WALTER & KROHN,

Cash Asseto

$6,838,719 07

COTTON
BEAVER

S3

SCininARY OF ASSETS
Held

In the

MKNT

of

F.

United States, available for the PAT.
LOSSES by FIRE and for the protec

tion of Policy-Uolders of
In Banks
Bonds and mortt^aKes, beinK

FIRE INSURANCE:

Cash

I166J81B 00
first lien

on

real estate (wort h »3.1(36,BO0)
1,363,737 44
United States stucicB (market value)
3,092,750 00
Bank ft RR. stocka & bds.(niarket value) 831,3S0 00
State and municipal b'ds (market value)
128,500 00
Loans on stocks, puyuble on rlomand
(market valueofcollater'ls, tl,50e,912). 1,007.450 00

laterestdueonlst July, 1882

Premiums uncoll'ct'd&

in

h'nds of a«t8.

Real estate
Total

80,074 91
82,142 23
86,4U9 49

»6,838,71» 07

CHAS. J. niARTlN,
J. H. WASHBURN,

MUTUAL

Prealdent.
Secretary.

LTF

INSURiNOE COMPANY
OF NEW YORK.
F. S. W^INSTON, Pre§ident.
ISSUES EVERY DESORIPIIOS OF

LIFE & END

WMENT POLICIES

Rates Lower than other Companies.

ORGANIZED APRIL

14TH, 1842.

ASSETS, $95,000,000
Steamgbipi.

BROIil::R8,

STJCEET, NE^V

From

(new) 42 North River, foot of Morton St.
Travelere by this line avoid both transit by KnKlish
Railway and the discomforts of crossing the Channel
in a smuU boat.
ST. LjXLKE.NT, Servan
Wed., Oct. 4, 11 A. M.
PEUEIRi:, Delaplalne
Wed., Oct. 11, 3 P. M.
LABRADOR. Joncla
Wed., Oct. 18, 10 A. M.
I'ier

PKios OK Passage— (including wine): To HavreFirst cabin, $100 and »80: second aibln, 160: steerage, »2B— including wine, bedding and utensils. Re.
turn tickets at very reduced rates. Checks drawn on
Credit Lyonnals of Paris in amounts to suit.

FOR

iaARSEII,I,ES,
TOUCHINQ AT CADIZ, OlllKALTAR * BARCXLONA.
The following steamers will leave New York direct
for Cadiz, Olbraltar, Barcelona and Marseilles, taklDg
freight and passengers

PICARDIE

RATK8 OF PA88AG»-For

—

!

LOUIS

DB BBBIAN, Agent,

Ko. 6 Bowline Cirecii.

Hyman &

Dancy,

To*

Co.,

COTTON COMMISSION MERCHANTS,
97 Pearl »U, New York.
Bpedal attention given to the purchase and sale
of contracts for future delivery.

WABSIN

Bwm.

John M.

KiriN, JB.

Ewen

Brothers,

COTTON BROKERS,
Noa. 31

Baily,
COTTON FACTORS
AND COMMISSION MERCHANTS,

&

S3 Bread

Street,

NEW YORK.

Gumming &

Henry M. Taber,
No. 141

NEW YOlUU

PEARL. litTREET,

No. 89 Pearl Street, New^ York.
Special attention given to the purchase and sale of
contracts for future delivery on the Cotton and Prod-

uce Exchanges.

F. Crumble,
U4 Pearl St., COTTON, New York
Special attention given to orders for the bayln
and selling of Cotton for FcTniia Delitibt.
Member of Cotton Exchange.

H. Tileston

Tames F

Established (In Tontine Bnilding) 1840.

lii

i.

NO. 9T

AND COMMISSION MERCHANTS
PblladelpUa.

Felix Alexander.
COTTON BROKE K,

Bullard & Wheeler,
119 nAIOEN LANB,

Untlre attention given to purchase of COTTOM
for SPINNERS and EXPORTERS

NKW

Agents for the folloivlng brands of Jute Baarinf
"Eagle Mlll8,""BrooklynClty,""<Jeoiila,""Caironn5
"Nevins O." "Unkou Star," "Saiem,'* "Horlcon Mm*

Keferences :— National Banlc of Augusta, Oeor^'

WARREN, JONES

&.

GRATZ,

>

Campbell,

ST. LOUIS, Mo.
Manofacturera* Agents for the sale of Jute Ba*>
King. Furnish covering annually for one-flfth of tke
entire Cotton Crop.
Correspondence froat kuse
dealers solicited.

WANTED

Cotton Factors,

VICK8BURG, niss.
Orders to purchase Cotton in epr market solicited.
Refer to Messrs.
A BTILLMAN
Htw Terk.

WOOOWAKD

TIBS.

BAGGING.

T

Uenrr Henti A COm Commission Merchants N- »
York; William B.Dana A Co., Proprietors Comi'-i
OtAI, AHD FlHAItOlAt. CHBOKIOLB, and Other No
ToHc Houses..

&

Mills."

IMPOUTEUS OK IKON

COBBBBPONDBNOB SOUOITBD.

TIES,

(FOR BALING COTTON.)

UUDKR

Parisot

YORK.

BAGOING AND IRON
Jersey Mills" and "Dover

AUGUSTA, GEORGIA

CO.,

iL

PUBOHABI ONLT ON 0BDKB8, FOB A COMMI88Ioa

Co.,

PEARL StKRKT. NE^V VOK^.

U. CL.ISBV

COTTON BUYERS,
MONTGOMERY, ALA.

COTTOIS BROKERS,

Wm.

Pendleton,

PEARL STREET, NEW YORK.

JOHN

COTTON FACTORS

&

&

Advances made on consignments of Cotton. Qrala
and other Produce.
Buy and seU contracts for fatnis deUrarr o<
Orain and Provisions.

Geo.H.McFadden & Bro
St.,

Wenman & Co.

COMMISSION MERCHANTS,

sto«;ks,
bonds, &i
WILLIAM STREET, NEW YORK.

131 Chestnut

.

No. 146 Pearl Street, near TYall, N. V,

Co.,

Orders In " Fatures" executed at N. Y. Cotton

136

aM

COTTON BROKERS,

Rogers

&

COTTON,
2B

AdTanoes made on ConstKunients of Cotton. Coop
tracts for Future Delivery of Cotton bootflit

old on oommlSBion.

J.

About October B
Cadli and Gibraltar-

First cabin, »75 and (90 for Barcelona and MarselUea
*1rst cabin, »80 and »100. Steerage, $32.
Through bills of lading issued to Mediterranean
Ports, including Barcelona, Algeria, Tunis, Genoa,
Leghorn, Naples, Messina ; also, for Trieste and Oon•Cantlnople.
N. B.— No freight taken for Gibraltar.

In New

NOBTOLK, TA.

YORK.

Hoffmann,

Geo. Copeland
GENERAL TRANSATLANTIC CO.
NEW YORK and HAVRE,

Pbikhu BniLDnro.
ALA., MOBBI8 BAiTK Binu>ara.

AI.,A.,

HTHANB A DANCT,

COTTON BROKER AND AGENT,
tS RUE DE LA BOURSE, HAVRE.

Only Direct Line to France.

Between

BSLMA,

HONTOOMEBT,

and LlTenPOoL

4BOWINO THE

$3,000,000 00
Resarre lor Unearned Premiums 1,967,687 00
Beeerre for Uupald Lossea
209,459 97
Net Surplus
1,661,572 10

Co.,

CO.).

Ordan for Futara Contracts Executed

Filtr-BlKblh Seml-annnal Statement

CASH CAPITAL

&

WATERS A

COTTON COMMISSION MERCHANTS,
No. 1 8 ^irilUam Street, New York.

Beebe,

Noa. 42 & 44 NEW^ STREET.
SPECIAL ATTENTION TO
.
Pnrcbaae and Hale ol Contracts lor Fatnre

BROADWAY,

OFFICE, 119

Co.,

COTTON BROKERS,

Co.,

COTTON
SEVEN MILLION DOLLARS,
Aad for DlTldenda,
NKARLV FOUK MILLIONS. COMMISSION MERCHANTS John C. Graham
JOHN E.

Co.,

:

Tbe ChroiUele of September
A

fall price

wUl be paid for

at publication olBoe. 70

Terk.

A

17, I88I.

number. AppiT
81 William Str«at,lNe«
this

THE CHKOMICLR
Cotton.

Cotton.

&

Woodward

Stillman,

MERCHANTS,
Post Bnildlngr, 16

IiOAMS

&

[Sbpteuber

MEW YORK.
HADE ON ACX3HPTABLE SBCUUITIES.

Bliicellaneons.
Waller

INMAN, SW ANN&Co W.
COTTON EXCHANOF BUILDING,

New

Attintion to Obdkrs fob Contbaots
FOB FDTOBl DBLITUBT OF COTTON.

J.

York.

NBW

B.

EXECUTES ORDERS FOR THE PURCHASE
AND SALE OF FUTURE CONTRACTS IN THE
OOTTON AND PRODUCE BXCHANGBa

Edward H. Coates& Co.

Rountree

Co.,

GENE RAL

Sonth 'William

& Wisdom,
COTTON

COMMISSION MERCHANTS,
NKW ORLEANS,

Street,

newira. JAinES FIN LAY

CO.,

4c

Co.,

THE BROHnV
Cotton Gin Company,
NBIV LONDON, CONN.,
llANrrFACTDKERS OF THK CKLEBRATBD

SLIP,

NEW YORK,

Brown Cotton

Condensers,

EP^ Special attention given to the execution of
orders for the purchase and sale of Cotton for future
delivery. Liberal advances made on consignments.

COTTON GINS FOK EXPORT

HXNBT WOODS

Wtl.

^

.

&

MUBPHT

O.

Buy Office Carpets Down Town 1

Murphy,

HARDEiVUERGH

(POST BUILDINQ,)

& 18 Excbanse Place.
COTTON, STOCKS AND BONDS.
OBDURS IN FXrrUBE COlfTRAOTg
BXSOUTED IN NSW YORK AND LIYSBPOOL
P. O.

Box

NEW YORK.

2342.

William H. Beede

CAKPETS,

CO.,

Mohr, Hanemann & Co.,

OILCLOTHS,

FDLTON

174

ST.,

CO.,

&.

LIGNUM8,

ETC.,

BROOKIjTN.

Near Fulton and Wall Street Ferrlea.

~

iETNA

& Co. Insurance Company

COTTON BROKERS,
No. 114 PEARL STREET.

Alio execute orders for Merehandise through

CALCUTTA AND BOMBAY.
CONTRACTS FOB FUTURE DELIVERY COTTON bought and sold on corsmlsslon in New York
lAd Liverpool: also at New Orleans through Messrs.
nmnel H. Buck & Co.
W1I.MOHB. H.W.HANKHANN. CUnODIS FlgOHIB

Oin Feeders an^

Gins,

And NORFOIiK, YA.

UVHRPOOL, LONDON AND GLASGOW.

FINLAY, nUIR &

1,A.

Special attention paid to the execution of ordera
for the purchase or sale of contracts for futor
delivery of cotton In thbs market. New York aa

Jiew ITork.

St.,

Advances made on ConslRnmenta to

newurs.

Water

Cor.

and

LiTdrpool.

York.

16

oonraissioN merchants,
8

New

&

OLD

No. 12

Woods

CHESTNUT STREET,
PIIII.ADEI.PHIA.

&

Bloss,

COUNTRY BANKEKS.

Gardes

COTTON COMMISSION MERCHANTS

CO.,

No. 116

Henry Hentz

J. O. BLOSS...

COTTON MERCHANTS,

SUCCKSSORS TO

OOTTON COMMISSION MERCHANTS,

?J ^'.^

interest upon balances.
Special attention paid to INVESTMENTS

accounts of

Special attention Riven to the exeoutlon of orders
for the purchase and sate of contracts for future
delirery in New York and LlTerpooI.

OoDBlKnments of Cotton, Naval Stores
and otber Produce Solicited.

CLAGHORN, HERRING &

QWATHUKT.

No. 123 Pearl Street,

tOKK.

Haleh.

BRANCH OFFICES i ASS i^U^Z^l'ui*^^

SOUTHERN SECURITIES.

Gwathmey &

PEABIj street,

it.

Sons,

—with

COHIHISSION aiERCHANT,
No. 140

&

T. Hatch

Personal attention given ut the EXCHANGK8 to
the purchase and sale of STOCKS and BONDS for
cash or on mart^tn.
D K POSITS UK( EI V BD-subJeot to check at stght

LOANS MADE ON

A

PARKER,

H.

P- Bateh.

Arthur

NASSAU STREET, NEW YOUK.

14

Calk Admmce$ Made on Oonsignmenti.

Benry

HaUh.

T.

BANKERS,

COTTON MERCHANTS,

gPBCiAi,

OOTTON, AliL OBADES, SUITABLE TO WANTS
OF SPINNERS,
OFFBBXn ON TKBMS TO SUIT.

HtUch.

T.

Nathn W.

18 Exchansre Place

30, 18S3.

OF HA^RTFORD.

Special attention given to orders for the buying
selling of Cotton fob Future DsLirxBr.

Asseto January
Liabilities

B.F.BABCOCK&CO.

Capital

COMMISSION MERCHANTS,
17 Water Street, I.IVERPOOIi,

$8,902,272 04

1, 1882
unpaid losses
and re-insuranoe fund

and

for

NET StJEPLUS
\o. 2 Cortiandt

Receive consignments of Cotton and other Produce
and execute orders at the Exchanges In Liverpool,

JA8. A.

New York at the office of
BABCOCK BROTHERS ^k CO.,
60 Wall Stsxst.

1,774,849 74
4,000,000 00

$3,127,422 90
St.,

New

ALEXANDER,

York.

Agent.

tiepresented In

MS FKARL
New

ST.

ORAYIKR

ST.

New Orleans,

La.

186

York.

Geo. Brennecke

&

North
Co.,

COTTON BROKERS,
Bpsciai.

OT

Attention Qivbn to the £XEC0TIO^

ORDERS FOB FUTURE CONTRACIB.

flfntCAvm C. HoPKiNg. Lucius HopKiHg Smith.
GHABliSS D. MTT.T.iei^,

Hopkins, Dwight & Co.,

New

Fielding

&c

COTTON FACTORS
AND

NEW YORK.

Itt de

NKW YOBK AND LITIEPOOU
IlMHMAK, ABBAHAM * CO., LBHHAN, DURR & CO
New Orleans, La.

oonmssiON ioerobants.
41

Walkbb

STsntr,

New York.
Ocileni executed at the Cotton

Hxdiaages

In

New

rork and Liverpool and advances made on Cotton

•ad other produce consigned

to us. or to our cone.
la Liverpool. Messrs. B. Newgau
Oo-

.

L

A

Uoeenlietin

Esq.

MANAUEBa,

18 Exchanse Plaee,

Offlee

new tore

S4

VruUum

St.,

New T«rk.

,

A

Boos

Robert Tannahill & Co.

L^ommerctal

Cotton Commission Merchants,

LJnion Ins. O a

JettoB Exchanie BalldlBS,

EXCHANGE PLACE,

Or-Tows Otfiob, Neg. 39 A

^oataata

A8T0E,

CUAS. E. WHITE, SAM. P. BLAGDEN,

Montgomery, Ala.

LEHMAN BRO'S,
Cotton ANDFactors
No. 40

NMW YORK
SOLON HUHPHRBTS, Ch'r'n,(B. D.Morgu * 00
DAVID DOWS, Esq. (David Dowa A C!oO
K. P. FABPKI, Esq. (Drexel, Morgan AOo.)
Hon. S. B. CHITTENDEN.
EZRA WHITE, Esq.
J. J.

post buildino.

Co

United States Board of Managememti

COMMISSION MERCHANTt

0«i>»RB FOB Futubb Contbaots Bxboutxd in

Ins.

LONDON ANO EDINBURGH.

York.

Gwynn,

COTTON
PEARL STREET,

Mercantile
OF

Futubb Contbacts a Spboialtt.

COMMISSION MERCHANTS,
No. 134

.

No. 110 Pearl Street,

&

British

NEW YORK

lOr LONDOUTt,
Speolal attention given to the pnroluae
Fiitare Contracu.

Waldron

&

and

sale of

ALFRED

Tainter,

COTTON COnmSSION IVERCHANTS,
97 PEARL STREET, NEW YORK.
"niTUBa" Obdhbs Pbomftlt ExaouxBD.

PELL,

Setident Kcmagtr,

37

^ 39

^^^^

Street,