The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
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HUNT'S MERCHANTS' MAGAZINE.
RBPRESENTINQ THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATE
VOL.
SATURDAY, SEPTEMBER
51.
6.
CLEARING HOUSE RETURNS.
Wtek Snding A\ifml
The following statement shoves the bank clearings for the
week ending to-day (September 6), made up according to exNew York
planations contained in Chronicle of October 26.
Salts
1890.
Haw Tork
•465,083,288
BMton
PUlsdelphU
56,978,013
13,675,155
71.058,000
18,649,815
6,369,168
Baltimore
hloago
Bt-Lonls
New Orleans
PerCtnt.
1880.
-63
$496,169,023
60,702,005
49,873,317
9,932.302
-H3-4
+26-6
50,48l!,000
-1-25 -8
16,100,368
4,616,070
-I-15-8
+ 5-9
DtlUT
days
5 days
Total
all
Htrtford
New Haven...
SprinKaeld....
Worcester
Portland
Lowell
New Bedford.
as follows'
+91
+21
71,372.879
+ 3-8
43.383.511
38.251,188:
38,«81,lSUi
24.749,931
13.494,817,
.
...
,507,171
,701,974
,8j6.5«3
rf^well
6.305.1.74
4,»40.112
4.081.701
4.380,241
8,442,051.925'
169.472,800,
-r21
44,10t<.457
+ 10-4
+7-2
2.855,»0:j tO-03
1,875,567 -7-3
—32-7
+11-4
104,967,688
+88-4
Philadelphia
62.164.461
62,030,391
Pitt:ibarK
14.1.^3.328
12,-i62,159
ll.i!t5,888
89,616,276
14,613.838
18.360.034
7.100.166
1,420,093
675,899
+11-9
+29-6
1389.
+6-1
1,151.813.349
+9-2
186.658,200
88,484.011
41,459,644
39,784.293
86.131.814
4-2-3
34.9l7.(.8e
+7-4
+8-4
+5-9
+
11-8
23,i81,lS9
+6-1
13,1M,U90 +2-3
,562.Mitl
384,816,50-;
+15-2
3,885,888,817
3,672,704,405
hlladelphla..
283,334.006
284.419,993
004
50,a35.87« +221
54,255,001 -I-5-0
4,223,419 +60-3
2.86^.790 -t-8-4
3.092,999 -1-8.1
2.458.821.938
522.628.187
2.388,309,427
+30
423.-^32.1»9
+23-5
503.2.i4.1l0
4-i7.:i89.-^J4
56.«ba.89J
26.32a.519
28.258.173
+17 7
26.065.893
«1.47n.i!5S
56.974,309
Total Middle
414,456,454
399,190,171
bloago
Inclnnati.
342,118.0afl
48.4';0,450
Illwaakee
31.H23.077
letrott..
28.701. 02
284.168.138
42.810.900
20.500,814
2^,039,325
15.957,;32
10.S48.SOO
8.083.788
6.458,34:
8,820,e3t
B,31H.lti"
3.0)5."4H
8.a(j0.018
.
..
lereland
21.987.702
:iibn»
)1.2:«.;0(.i
napoils...
a
S,055,s«2
-.'JIUplds.
3,171,235
7,247,24tt
Tot.M.Wost.
602,913,3S»
37.812.8021+48-1
25.547.730! +-3-1
-^8-4
3,826,337,2951 +-8-1
+20-4, 2,628.829.576
+13-81
417.731. 150
+55-31
207,140,228
+30-21
192,710.t>97
+37-8;
187,341.403
+8-81
9i.884.400
2,!61,855,fi05 +22-1
1
3611,968,,550+13-8
159,811,,020l-t-20-8
168.528,,l68,-r21-8
122.1121,,373 +36-5
SI. 532.,182:+21-0
-0-3
68.83':. 1-^2
65,.35:), 370*
+123'
62.277.aS3
25.438.695
51,517.,«»9
21.871.460
+21-0"
412,816,274 +21-8
8,856,911,504
+5-1
+1-0
+16-3
3,180,083,895 +21-3
w Francisco-
73,933.017
OS Aoiieies..
2.2-l3.(-25
Hooma
2.18'),722 +88-4'
639,552.882
2 ,-^s4.u41
27.036,706
543,600,838 -0-7
23.453,060 -18-7
13,242.94V +104-
+4-6
586,823,629
680,290,8:;2
-8-H
Total Paclflc
Bl,li9l3,28»
78,403,564
I
anias city...
^
Inneapolia...
41, 368.2%
2.s,n«.oi>o
35,568, 188 +16-3!
16,82". .01 +39-0
118
I
;
:
l«.«la.4a7
11.1)81,
22.1il).»78
BnTer.
ainih
21JW2.782
1S.518.71U Tl9-rt'
IB.aOS. 9Z1 +-J0-2
Joseph....
Ichlta..
.
i
9,124,002
4.35'4.752
e,tja3iooo
2.434, 1'.U:
2.2(11.351
1,390.9451
5.533,,»47 + 1UI)
3,102,,031 -12-2
l.Ull.,-288
2.813.418 —7-9
1.994. 115 +1S-4
1,810, 686 -13-6
165,552,080:
127,041,875+22-7
3,480.000
3.395.71H
onx Cilv....
esMulnes.
-
^9-7,
.Paul.
maha
ncoln
''iia
+100-
329.081.033
le9,96'i.008
143.591,341
16y,333.022
172.871.438
8«.6-«.73~
62.2S9.118
27,093,712
29.9ig.i>42
21.45l).407
18,«99,6-0'
)2,47o,661
+11
294.299,,1631+11-8
133,338, 557 +27-5
129.01)2,.H2i
+11-2
130.548,,560 +240
12a.514,,148 1-40-9
.55,198,,787 -l-'20-8
44.948,,7-J3 +10-3
24,8«.S,,965
16,894. 978 +77-1
19.887,,283 -f8-0
18,902,.77 i t 12-4
+90
13,40-.e, 623
-6.9
-I-
othrW
l.onln
•^
8«..'M'..>,ii08
Orioand..
Z .li:',tl41
"••Tllle
aii.17'1,708
phis
.i,-.il7,786
iiond
8.8:)l,9l'5
".'ituii
i.^
't
.
Wortti...
'rtoik
'
;
'•»'»'l
'-'"de
3.703.288+18-9
2,215.097 +38-0
1,213,480,127
1,007,862,067+20-4
733.010,495,
818,559,727
278,220,081
639,517.259!+14-6
301,549,963 +6-8
rW 202.'i5«' +15-7
80.031,:-I04
2.870.931^
a/)90,917,-|-«8-«
176.616,48HJ
167,376,78.t;+U-6
l,«23,790.988,
>,734, 258,819, 4,308,125,77»
"
'
+10-6
107,600,363
+17^
58.517.885
8.563.030
4,989,307
4,085,739
3,768.896
2.176,800
1,91«,866
1,362,863
619,730
87-5
80,996,804
ll.0u0.960
7.498.759
+29-9
+22-5
+64-8
e.2-26,885
+27-4
+6-6
—8-1
+17-4
+3S-3
6.181,835
2,646,800
1,767,784
1,749,720
749,260
1,444,731
-1-858
-f58-l
110,114,687
86,881,135
+27-7
118,086,917
+30-9
17,854.445
1,598,817
438,033
967,845
1,269,832
1,763,650
17,241334
+3-6
+33-4
+121-8
16,412,363
1,700,000
463,880
878.833
1,288.881
1,385.038
-6-9
+9-3
-W-6
+67-9
20,854,940
19,276,507
+8-2
18,439,776
—3-4
8,878,180
6,321,012
3,813,058
4,931.400
+13-9
-H3 2
9,567,669
4,939,692
4,022,485
6,318,978
5,216,785
2.828.150
1,635,887
717.440
700,973
574,589
429,745
293,872
+35-8
+36-3
721,776
613,275
550,725
299,308
7,793,979
8,716,484
3,392.127
3.434,4
3,521,347
1,103,480
1,149.410
658.586
449.589
423.007
439.895
332.024
33,703,791
26,414,365
+27-6
85,846,0231
18,064.886;
17.703.298
4,811,773
+20
19,903,7361
6,339,408
8,187.818
Indianapolis...
Peoria
Grand RapldS.
Toledo"
San Francisco
Portland
l.os Angeles
,
Tacoma
Salt
Lake City*
Total PaoUlo
Kansas
City..
Minneapolis.,
St.
Paul
Otuaha
Denver
Duluth
l,957,6'i«
Joseph...,
1,313,225
7:-5,759
Topeka
Total other Western.
St.
402,100
436,400
4.7-..3.500
Wichita
Sioux City....
1)68 Moines.,
Lincoln
St.
1,198,673
Louis
New
Orleans...,,
LouisTlIle
6,239,389
Memphis.........
1,331,094
1,680,158
1,276,496
879.831,
5,188,6lf6
1,131,4831
1,649,4821
5,911,923'
Richmond
Galveston
Dallas
Fort Worth
.
+22-8
09-1
33-1
+17-1
+1-2
+19-9
•+38-8
*
582.4i!8
628.004'
404,883|
343,344
369,906
57a,0ti0
384.0001
468.494
8,210,158
711,876
all
New Tork
Notlocluded in
+8
6
-(-6-6
+436
-(-35
6
+77-4
+14-3
+117
-I-60-8
+44-9
+-25 3
-99
+35-3
+14'4
+1T-7
+ 11-3
-t-41-S
+"34-8
+121-9
+45-6
-fl27
+76-0
+5-9
-f-9-8
-12-0
-I-85-1
+T8
+28-7
+8-0
+162-4
3.485.3;t6
-|.«6-3
1337.907!
-(-8 6i
—4-9
+30-4
-19-0
+39-1
—7-0
+49-0
l,03i>,l«)',i
-t-11-1
1,021,1461
780,665'.
+59-6
-+639
890,2711
-H)8-8
310,818
-S8-7
+78-1
e8'.i.300l
—j»4-6
684,888;
8,626,0381
87,877,703
34,880,886
+8 s! ^1,788,396!
+17-«
1,020,388,876;
964,184,1091
+5-8ll,148,936,700|
+18-1
392.318.878l
887.894.9461
496.520.006i
^i^^
Total Southern..
Ontalde
674.535
549.081
Norfolk
Lexington..
Chattanooga
Birmingham...
NaahTlUe*
Total
1,342,440
--16-8'
totals.
Our compilation of sales,
mouths is as follows:
&c., of stocks, bonds, Sui., for the
eight
sight month), 1890.
DescHption.
Par Vaiut
or Quantltv
:)31
i
Actual
Yatiu.
month;
Ei^ht
Par Vaiiu
Aver'ge
Prici.
KjO'S
18,ui5.o2JiT88.0
23 064,010+8-1
1889.
Actual
Avtr'tc
Value.
Pric*.
\
or Quantity:
M88,;94,743|— 13 6
-8-7
S. T. 1.774,1:8.971 1.559.075.111+13-7 14i761.907.715 13.098.104.26: ^li' ?
Block
RK.
If S,'" Mluo'873785 ! 2544033686
bonds.. »292.088,7-.(0 1235.984.987
Gov't bonds
etjvte bonds.
Bank stocks
Total
...
Petfn.bblsi
tl.92).0,")0
1.025,0011
$;i,3^-8,795
tl4ii8i95;i30
11B.048.0'XI
61-9
80-»
.
'
li.-tsti.ioa 119-1
»2,33(,158 68-0
14,371,811 129-1
f->7.Ht)022.1>S.-l
63-3
»:iO,ll)5.470 92 I-.I0.
returns of e.xchanges for week ending Aug. 30 exhibit
Cotton, bis.
14.74 1. 5(K) »rfil.8'12.354 $58-03
ssof $123,61 1,034 contrasted with the previona week, but com- Uraln.bnali. 1350.7a7,ta4)tl014^0;.139i77 l-3c.|
ired with week of last year there is an inorease otiS
per ceat. Toul Taluel
i$4770,197.»3^
Tlie
-+17-8
,„„„•.,;.,
+ 9 9 39,344 ,829, 857 36,205,117,661
1
^23
-3-2
75,071,547
45.379.589
39.<I4«.442
a-i.91d,715
84,988,628'
3,1)58.188'
lal8ootb.(
.
,.
4,080.400
4.830.762
.
81.8e9.857 +0-e'
2l,996,881)+18-7
28,415,316 +8-2
5.860,708+40-.;
7.474,078 +16-6
3.780.683 +7-8
-(-10-6
8I6,')«6
1,846,1
,
+2-6'
+1^
+8-8
88,616,168
Seattle*
-t-8-8
3.695.064,650
-1-3-8
616,166
-f60-6
-I-9-1
443,384,391
altlmore
Vasbir^ton..
rractuc
rilmloKton
870,1"
-1-3-3
+138-9
74,596.296
10.498.500
8.437,577
6,412,613
4,799,320
2,320.800
1,760.266
1.C99.I67
692,358
1,679,618
Columbas
Total Middle Western
6-16,959
10,H83.873
2,5'n,7;4
810,807
527.682
+0
+25-9
+12-7
+176-4
+62 6
97,965,811
Total Middle.,
Milwaukee....
Detroit
Cleveland
Bedford.
Ittsburl?
BulTalo
Cincinnati
ToUl N. Eng
.lew
+22-3
+»-8
-2-4
+7-3
-+13-6
82,425,896
Chicago
-f7-7 24,582,921,942 23,10^,313,394
+170
1.1/70,744
269.948
England..
Baltimore
Eight Motithi.
e.917.050
+82-0
-4-8
+10-7
+19-8
91.797,346
New
1,105,063
33(1,111,868
18,842.2lX>
93,825,898
4,090.000
1.561.270
1,186,788
1,127,616
706.410
355,782
Svracuse
Wilmington, Del.
Rochester*
.548.:i77
9
-4-7
+7-6
-11-8
+18-3
+35-3
-t-2-8
-I-21
,417.487
,«57.100
+18
577,916
400,748
$9l<2,212,5«9
lanf ord
lew Haven...
72.124.887
3.n38.100
1.413.988
1.437.151
936.341
807.815
1,033,860
$1,013,322,865
2,9«0,137,»»8 8.748,450,604
(+211)
(+51-4,
(-68-7)
-+0-2
6,912,787
1,238,398
1880.
+18-0
(-0-71
(1.101,475)
1388,000)
(-7-8)
(49,871.2001 (+888-21
(3,901,000) (-38-9)
8^9,80'
Washington
1 is
(299,51X1)
(20,883.1821
(6.278,000)
81,399,981
3,656.900
1,519.782
1,268,647
1,107,191
1,092,843
889.809
69i,605
Uoston
Providence....
-21
totton
*rovldenc6...
prtDRfleld
6alM.!
MulKte.)
5W».)
-t-3-2
P. 01.
'ortland
(-S.-)-?)
717,416,6«6
-f38-l
$
vorcester
(1,313,956)
$799,012,296
193,200,263
Au^u»t.
.41T,9Me
(917,580)
(382,900)
(31,580,489)
(2,715,000)
$824,816,648
183,506,317
The exhibit of clearings foi Aug. and since Jan.
lew Tork
-(-0-8
-hOl
•-230
dues, S days..
Total all cities {or we«k...
826,889,163
$693,909,085
105,103.211
UlolUe^ Iday
End^Q Aug.
P.Ont
628,003.998
$694,600,648
130,216,000
oltiee, S
oitles,
tharet.)
(Orain
(Pitrvltum
Total
Seven
Wuk
30.
oj—
(Cotton
Wt€k Bniint Septembtr 6
Clbarikob.
1,316.
P.OmU
1889.
tStockt
A(urtu ^v TtllvrafK
NO.
1890.
j
48,390.815
6*1
4200.381.1) '>0' j 2863398518
$888,493,925 1249,593,8311 88-8
186-6
».3.76%806
I3.570.038i 64-1
1.008.300
fj,974.85u
$1.830,335' 136-5
r.2lo,130
7t6S-7
|4587,041),I65: 189-20467.311
S40,ISO,000[ $B03.169.000|8^<0.
1 1.236.0001 i578.6»7,4«o isra*
1,001.988.830 $7W8,909,509|7VM«.
I
$45»?49»,.-<a<
'!
THTR
i^81
tHEONlCLE
those
THE FINANCIAL SITUATION.
cent
Notwithstanding money has been easier this week,
has been felt, because with such
an unusual amount of bonds purchased in August so
little of the proceeds remained in the banks, according
much disappointment
to
their
return
of
last
Saturday.
All sorts
of
account for the
have been raised to
most persons thinking that the money
had gone West and South and been absorbed
The facts with
in the channels of commerce.
regard to the matter we have set out in detail in
a subsequent article, and when known they relieve the
situation of ^11 obscurity. It seems that the August bond
surmises
situation,
purchases in full with the premiums offered amounted to
30i million dollars. Time, of course, is required to
complete these operations; hence the total paid, according to the debt statement, was, with premiums added
(after making certain required deductions), only about
21 million dollars. It so happened that in August the
ordinary disbursements of the Government were very
small indeed while the revenue receipts were large.
Consequently all the cash the Treasurer got out during
the month in excess of his receipts was of million dollars.
The explanation then of the whole matter is,
that on the first of September no more than 5 J millions
had gone into the channels of commerce, and only a
part of that into our banks; and, furthermore, that the
bank return was made on rising averages.
But some may think that the actual facts thus disclosed in no degree improve the prospect of the money
market. They do improve it, because if the money
had been paid out by the Government and scattered by
business activity, as so many claim, without materially
any other trade centre,
the result would be amazing and the prospect discouraging.
As the case stands, however, it is evident that
relieving the pressure at this or
commerce had got the full proceeds of the bond purchases the relief would have been complete.
It did
if
not get them, chiefly because ordinary disbursements
were so small. And the reassuring circumstance is that
those disbursements cannot continue on that basis; if
very small now they must be larger speedily when the
appropriation bills are perfected, and then what is now
kept back must come out. The Government revenue
August was only about four hundred thousand dollars in excess of August, 1889, so the difficulty was
not on that side of the account; but the actual expenditures must have been very much smaller than usual.
It is worth remarking that the actual Government cash
expenditures in any given month are never disclosed by
the published statement; the published figures are
in
merely the expenditures as they appear on the books,
the actual cash not going out sometimes for a month or
more.
[Vol. LI.
Time
figures.
sixty
for
was the case
nominally G j
months,
and
week very little has been do
loans
days
last
to
are
six
except in renewals. It is reported that a loan v
negotiated during the week on good mixed collateral
J
a year at 6 per cent
and
5 per cent commission.
Th<
an increased supply of commercial paper, but a ve
it.
Some very choice names have be
sold this week at 9 per cent, and rates are only nomin
There has been no material change in the conditi
The cable repoi
of the money markets in Europe.
discounts of sixty to ninety-day bank bills in Lond
at 3i@3f per cent; at Paris the open market rate
2^ per cent, and at Berlin and Frankfort it is 3 p
The Bank of England gained £23,000 bulH
cent.
during the week. This, as we are advised by a speccable to us, was the result of an import principal
from Egypt and Portugal of £442,000, of an export
the Argentine Republic and Brazil of £269,000 and
shipments to the interior of Great Britain of £150,0(1
Our foreign exchange market has been steadier tl
week under the influence of easier money and light
On Tuesday Brown Brothers & C
offerings of bills.
reduced rates to 4 82^ for long and 4 86 for short, b
the other drawers' posted rates were unchanged at 4
for the former and 4 86^ for the latter.
Gra
ually the market grew firmer, and on Thursday Bto\
Brothers & Co. advanced their rate, making it unifoi
with the other drawers. There is very little feature^
the market, and scarcely anything to indicate J
More liberal offerings of biH
immediate future.
either against cotton or securities, would tend
depress rates, but the fall might be easily checked
dearer discounts in London.
The annual conventions of the American Banke
Association are noteworthy events if for no other reas'i
than for the large number of interesting and instrt!
tive addresses which always form part of the procec
is
limited sale for
i
i
'
|
The present
year's convention, held this we'
proved no exception to the rule. T
annual address by Mr. Charles Parsons, the Preside]
of the association, furnished a thoughtful and carei
review of the existing situation, and as a few amoi
the other papers prepared for the occasion we may mc(|
tion that of Mr. Edward Atkinson on Credit as Affefl
ing Prices
that of Hon. William L. Trenholm, (fl
Comptroller of the Currency, on the Bonds of Ba'i
ings.
at Saratoga, has
!
|
;
OflBicers and Employes
that of Benjamin AVright
Banking on the Pacific Coast that of Jay L. T'
rey on the proposed National Bankrupt Law and tl
of Prof. Edmund J. James on Schools of Finance a
Economy. Mr. Parsons dwelt on the importance oi|
good currency system. " There is no subject that
" so important to our civil and political life after that
"good government," he said, "as that of the mi
"of the country. A bad currency can do more harm
"year than the march of an invading army; it can4
" troy all the values of what constitutes our immei
"system of credit." Mr. Parsons also referred to
passage of the new silver law by Congress, and
stating all the arguments urged for and a]
;
;
The bank statement to be issued to-day might be expected to show a better condition than last week's
return.
And yet the calls from the interior have
been very heavy on our Clearing-House institutions and this week they have
come from every
quarter—not only from the West, but also from
the South »nd East and Middle sections.
Under the measure, agrees with us in thinking
such circumstances it ia not possible for the banka to now
that
into
enacted
haa
it
been
gain reserve fast until the Government disbursements are the experiment,
which he regards as a nUft
free.
For bankers' balances the extremes have been Vivendi, should be given s fair trial. Mr. Atkini'
12 and 3;per cent, averaging 6 per cent, tt which renewals in hia paper on Credit,
course takes no Iimit«d
i;
of
hare been made, and that is the rate also of banka and circumscribed surrey
Hia obae:
of the situation.
trust companies.
The high rates of the week were on tioBB are based on the knowledge that " the world
Tuesday wi4 ffiday, but yerj littl« Tfa« lwn«d it* " become a neigbborbogd, and that the exchangM
.
Seitbmbbr
"
6,
THE CHRONICLE.
1890.]
"
He also
the necessaries of life are world-wide."
" men
expression to the thought that
gives
can in spite of the obstructions to
"commerce which are set by legislation through the
"ignorance or incapacity of legislators." The paper is
quite an elaborate one, and has evidently been prepared
We notice that Mr. Atkinson still adheres
with care.
to the view that there is no scarcity of gold in the
world, and has added to his other ideas a notion that
may be
sary t« follow
As our own views on
known, however, it is not neces-
a scarcity of silver.
these subjects are well
J»n....
r«b..,,
Mftrch.
the dry-goods trade considerable activity
is
noted, while
even the outlook in the anthracite coal trade seems to
have undergone a change for the better. There is cerily no reason to complain as to the volume of busiThat is very evident from the figures of bank
rings for the month of August, which we have preK: rd this week.
As compared with the corresponding
n nth last year, the total for all the clearing-houses
I
an
\v3
increase
per
10
rly
was
ease
cent.
ratio of
— 9"9
2 '7
but
gain
the
is still
increase
per
per
New York
If
w York
\'
over 426
of
cent
million
cent.
and
cent
dollars, or
In
July
the
in
June
6-8
be excluded from the total
That
heavier.
is,
outside of
13 •? per cent, which com_
is
and 14-1 per cent foimust not be supposed, either, that com
arcs with 11-3 per cent for July
une.
It
Par.
.019
I
Ma.416.S0o]
»,lW,t«0
472,192,000'
«,<»7,«SS
883,144,126
lit qr. l«,0M,80t l,«01,76*.»t6
».0n.«77|
4M,466.M0
tfumJbtr
of SKjra.
ActMl.
Vatuti.
Par.
A€titaL
t
Mt.Vn.tM
4.87«,10«
811,174,618j 6,9K),9e8
134.407,048 8.148.108
iM.TM.8M
e»l.«M.WO
im.uaj»4
IMJM.Tt4
M1.IT8JM
881,641,888 10,»47,tll l.M4.r61,TW
«m,anjM
*04.18ejOTt 4,M1,0M
028.978,868 T.lM.TllI
8M.014.T00
441.0M.4M'
«n.aM,To*
878.TB4.7M1
«38.T18,tM'
M0,M».9M
0T.7M.MT
2<lQr. 21.676,879 2,0M,807,280 1,268.307.074 18.7M.847 1,T«8.Ml,4tO
1.0M.n0.(M
lUr.... 11,062.1T8|1,0»1,18».0M|
innt... 6,440,1113 518,718.028
in his speculations in these fields.
Notwithstanding certain large failures the last two
weeks, due, however, to special causes, the general
In
mercantile situation seems to be quite satisfactory.
FoiuM.
IfumftM'
at Bkaru.
8 mo0.
him
MM.
1800.
Month.
April...
there
or «T OOK» A T THW l»»W T<»BK IITOCK CIOHAMOC.
serve each other
as they
as well
tAI.»«
2d6
«n,lW,«0e, 8,776,«»t
8T.M6.341 3,488,080,216 2.ll8.eM.U7 U,809.6SH>3.288,8U,110
Jaij...
8,004.918'
AUftUHt
4,141.605;
These
278.741,8861
382,072,316'
176.688,444
6,828,488
8M,680.805l 6,062.7741
2.0M,0M,m
638.M1,976!
M6,tSUM
483,417,176,
2»5,M8,63«
from their bearing on the clearings, present a graphic idea of the narrowing proportions of Stock Exchange speculation.
The stock sales
in August were one-third larger than for July, and yet
amounted altogether to only about 4| million shares,
being 921,000 shares less than in August 1889, when
the total was certainly not large.
Returns of railroad earnings present no specially new
features.
Weekly statements of gross earnings hare
been growing less favorable of late, though this is in
part due to the fact that the month of August had an
extra Sunday, so that results are based on one working
day less. For the third week of August our tables
show 5 "41 per cent gain on 88 roads. For the fourth
week of August only 37 roads have yet reported, and
on these there is a loss of 0'23 per cent. For the month
of August the result is 3 "12 {)er cent increase on the
47 roads which have thus far furnished returns.
Our
figures, aside
being made with diminished figures last year. full statement for the month will be published next
clearings in August, 1889, also week.
As regards net earnings, some further returns
wed over 400 millions increase (more than 11 per have come to hand this week, both for July and for
int), so that the aggregate of 4,734 millions now con- June.
The Big Four, or Cleveland Cincinnati Chicago
asts with only 3,861 millions in the corresponding & St. Louis, as in the months preceding, is able to
onth two years ago. Below is our usual table, giving present a very flattering exhibit. July gross earnings
rison
'n
is
the contrary, total
e figures
this year and last.
MONTHLT CLEAHINOS.
by months
CleaHrvis. Total AU.
Clearirm$ Outsi&t Ntio Tork.
Kontk.
1890.
P.Ct
1889.
8108,015, against $79,286.
1S80.
t
oh
B,«25.831,SM
«,836,1«7,819
+8-8
1,981,482,964
4,100.089,191
4,588,311.191
4.074,912,818
4,603,557.785
1.679,609,9481
4,770,031,538
4,343,S68.92o!
+80
+10
+«1
+98
B.82«,071.131
4,794.806.19«[+81-5
4.712.185.117 +8-8
2,087,641,389,
+14 8
8,767,146.042;
qu«rteril4,815,166,379 13,403,568,450
1
5,031,880.878
lqa«rter..'15.«27,072.O17|lS,860.950.642
|iailtlu.,.j29,848,137,426|^7,254,618.992l
,..} 4,767,435,912! 4,842,802,891
...I
4,7.34.206,3191 4,308.125,7.8
1
were 11,036,194, against only 1943,213 last
and the net is $355,587, against $318,100. The
surplus above charges for interest, rentals, &c., is
this year
year,
l,786,420,90l'
6,298,883.835'
1,848,860,871
1
1,878.264,802
+9'6 11,083,609,8761
+27
1,934,278.8891
+»-t)
1.774.118.9711
The Louisville &
Nashville,
on the other hand, for the same month has suffered a
1,755.49S,»3S'+11'2
decrease of $21,470 in net, notwithstanding a gain of
1,479,882,829 +-8'8
1,813,799,604 +94
$96,687 in gross, expenses having been augmented
4,818,978,288 +92
The Kansas City Fort Scott & Memphis
$118,157.
1,693,873,888 +16-9
reports
also
quite a heavy loss in net, the total of the
l,714,512,357| + 18-8
1,811,117,832+141
same being only $89,125 for 1890, against $125,123 for
4,949,304,045+18-3
July, 1889. The Chicago & West Michigan, however, and
9.798,280,818+130
also the Detroit Lansing & Northern, have both man1,738,118.840+11-3
so the one
1.659.675,111+13 7 aged to reduce expenses for the month
;
another circumstance tending to add to the reports net of $49,316, against $26,908, and the other
Another conspicuous
aificance of the month's gain is to be mentioned. net of $40,419, against $24,996.
tie gain has been made in the face
of a diminishing instance of the same kind is the Western New York &
(Inme of transactions on the New York Stock Pennsylvania, which with a loss of $1,642 in gross
Th^ value of the share sales for August, earnings reports a gain of $71,135 in net, expenses
kchange.
was 45 million dollars less than for August, 1889. having been heavily reduced. The Rio Grande WestJ90,
lat is to say, while the aggregate value of the sales in ern for July reports net of $69,982, against $68,553 ;
igust last year was 295^ million dollars, in the same the Cleveland & Canton $19,501, against $12,025; the
bnth of this year the aggregate was only 250^ Oregon Improvement $116,096, against $113,180; the
iStill
Camden & Atlantic $46,536, against $43,805 ; the West
Jersey $89,807, against $80,536; the Staten Island
l^nld represent diminished clearings arising from the $80,706, against $57,389; and the Chesapeake & Ohio
aller stock sales of 112 million dollars.
In other $204,780, against $203,328. For June the Central of
\rds, had the stock sales been the same in the two Georgia has net of $105,441, against $82,496 ; the Alton
^irs, the increase in total clearings instead of being
& Terre Haute $34,011, against $33,134; the Mexican
million dollars .would have been still larger in the Central $106,569, against $206,081; and the Memphis
lion
At an average
dollars.
transaction
II
months.
ii
loss
of
of
iH
Zi
checks to
million
dollars
dollars, making the amount 538 & Charleston $21,822, against $30,268.
The following shows the stock sales
Our stock market has been dull and irregular through
of 112 million
lion dollars.
'
this
the week, the tendency of values however being towards
.
THE CHRONICLE.
286
Operators for a decline evinced consider-
lower figures.
and
were chiefly directed
against Rock Island and Burlington & Quincy, which
proved to be rather vulnerable. There have been no new
developments affecting unfavorably the value of stocks,
but the argument seems to be that with smaller crops
in the Southwest the present season, the roads deriving
sustenance from that section must be expected to
Money rates have
suffer a diminution of their traffic.
played no part in depressing values. Silver bullion
certificates have continued quite active, but there has
been a sharp decline in price.
able courage,
their efforts
|Vou U.t
debt statement shows us, however, that the redemj
during the mouth were only $12,557,200 c
tions
4i per cents and $7,363,400 of the 4 per cents an
$740 of the refunding certificates. Besides these
therfe is an increase of nearly 3 millions in the bond
held in cash, but not canceled.
All these, with tli
premiums, would
call for a disbursement of abou
25 million dollars, instead of the 30|^ millions state
as the aggregate of the purchases
and premiums.
Sincf
however, none of the interest to Sept. 1, 1891, on tli
4^s purchased under the last call was payable unt
after September 1, and as bonds held as security fc
The following gives the week's movements of money to national bank notes were among those which were puj
interior by the New York banks.
chased, we assume that about four million dollai
and from the
Wtek Endinn SivtimhtT
5.
1890.
SMpped hy
N.T. Banki.
tl,496,000
$2,985,000
$1.4»6.000
(4,732,000 Loss. $3,289,000
Carrency
Gold
Total gold and legal t»n«ler«
$1,489,000
1,800,000 Loss. 1,800,000
With the Sub-Treasury operations the
Wuk
Erwilnj Seitemher
5,
Banks interior movement, aa above
l.ata.
result
Onto/
Into
Banki.
1880.
Total gold and legal tenders
Net Inttrior
Movrment.
B":riti«Jti;
JV.r. BanSi.
'
is:
NetCh»n<ie<n
1
Banks.
$1.4»6,000
17,300,000
\
Bank
Bohilnof.
»4,785,000,I.OS8. $a,2g9,000
15,700,000 Oain.
1.600.000
JlS.IQe.OOO $20,485,000 Loss. $1,689,000
Bullion holdings of European banks.
Sevtembir
Sev'.tmher 4, 1890.
5,
1889.
saver.
*
*
Bngland
France
12.689.182
Germany
X7,061,333: 1S,630,867
Total.
£
i2,68a,l83
52,173,00& 80,939,000 103,112,000
Anst.'HvngV.
4,408,000
Netherlands,.
Nat. Belgium.
4,810.000
2,848,000
Gofd.
40,593,000
TottCU
Silver.
£
S
prior to that date.
ij
We
thus find that the total disbursements in Augql
by reason of bond purchases and premiums on th
same, instead of being the full proceeds of the boM
purchased, were only about 21 million dollars.
Anothi
item in the accounts which needs a word or two of ej
planation is the amount of the new Treasury note issuH
made under what is popularly known as the Silver B0|
approved July 14th. It appears that the operatioj!
under that law during August really netted to the bani:
a very small gain rather than the large gain the publj
Bank) of
Gold.
should be deducted in estimating the disbursemen
anticipated.
The
total
i
20,837,766
20,837.766
63.273,000 50,417,000 103,690,000
28,148,867 14,074,333 42,283,000
1«,532.J00
21,000,000
6,432,000| 15,870,000
21,302,000
5,3<I1,000
10,171,000
5,541,000
11,873,000
1,423,000
4,209,000
2,622,000
6,332,000
1,311,000
S.933,000
Tot. this week 114.047.515 87,785,667 201,833,182 115,834,433 88,004,333 303.858,786
!|y>' nrev. w'li. 114,880,892 87.924,338 202,805,225 U0,376,616|88,271,667,
204,648,282
amount
of these notes issiK;
has been 13,609,000, whereas the amount in the Troasu
is reported at $2,233,100.
Consequently the entire issi
outstanding after seventeen days' trial under the la
was $1,375,900. That condition of our new curren(
only proves that there is no place or occupation f
such large notes as the first issues were made in tl
;
TREASURY OPERATIONS AND CURRENCY
needs of commerce in that line are already being au'
plied and mainly by gold and legal tender certificate
When
AFLOAT.
the arrangements are completed for the issue
The point of chief interest in the Treasury statements this month is the usual one with regard to the
small denominations of the
additions to the currency afloat which Treasury opera-
is
tions
have effected during August.
new Treasury
notes, th
no doubt pass into general circulation. For the
certainly no more reason for these latest issues
will
accumulate in the Treasury than there is for the old
in a general way, that the Government has
been buying silver certificates to accumulate.
a large amount of bonds, having bought
It is of importance to remark, in passing, that tl
$20,214,350
(under the Secretary's offer of August 21) during the silver bill brings into existence a new coin as well as
It is
known
to all,
month and $27,929,250 during the new note. That is to say the coin, though precise
furthermore, that it has been coining like the old standard dollar, has to go into a n«
standard dollars and purchasing silver bullion
since the account in the Treasurer's books, aud stay in t
13th of August, under the law of July 14, 1890.
These Treasury until some holder of one of these new sih
last ten
days of the
whole month
;
are facts familiar to the public
; but to what extent the
operations referred to have affected our bank
reserves,
and therefore commerce, is not known. The
latter are
matters which obviously cannot be known
Treasury notes wants the note redeemed in silver dt|
In August there were $1,580,000 of these coi|
turned out of the Mint, and the regular coinage
lars.
without in- the standard silver dollars was stopped, the total
which has reached $372,528,466. From this time
First of all it is needful to learn the
amount of bonds July 1, 1891, two million ounces of the 4A- mi
paid for in August, as it is that item
and not the ounces of bullion bought each month must be put
amount purchased in August that determines
A hundred years hence how comical
or meas- these coinsi
ures the Government disbursement
on that account. financial arrangements will look to our succesi
We have seen that the purchases during the month Here is a little nest of dollars all by itself when co^
aggregated $27,929,250, and as
$21,931,050 were 4^ pleted it will be the out-turn of the Mint for ten
per cents and $5,998,200 were 4
per cents, the dis- a half months, and is likely to reach about 25 mi
bursements before September 1, had the
whole amount dollars. We already have in the Treasury 314^ m
and the premiums on same been paid
for within that of substantially the same dollars, with only 58 mi
time, would have aggregated
$30,570 ,251.*
The now in circulation. It does seem to our simple m:
"*" ''
"'''" '""^''='* ''' ^'^^ "*« details
and result of as if the old stock would have done the work.
vestigation.
;
L
thltmrt
"f premiums
the bond ','„r>
purchases and
on purchases
4^ per cents under circular of August 21
Premioraof55sontheR.ime....
iios not under circular of August
21
Premium on the same
4 per cents purchased in August.. ;v.v.-)-,V.v.."..
Premium of 24 per ceut ou same....',.....
^
Total purchases In August and
premiums
for
Auimst
But although
ffloo
21 4
1^«
137057
i'-ir'-ao
'""'''.
much
this
new
silver bill has not as yet a4<
it would seem as if thj
payments on account of bond purchases gi
64'^7B
5 qfl8'2O0 above ought to have furnished an abundant supply
\°m^Gi reducing cash holdings in the Treasury very materi
iio.STO.iSl That result does not appear to have been rea<jBi
3
large
to the
currency
afloat,
5
September
THE CHRONICLE.
0, 18V0.J
p
.
.
together in our usual form
iBriiiij:injj
jmontlily Trcneury stiitements,
tlio
2^7
—
,
items from iho
we have the following
iosHt's, thill
III
the
pri'HLMil iiiHiaiir.) iIicti' hIiouIiI
ho hei
opposing the order of the liitcr-Stiite Com||comparisou iietween tlie currency in the Treasury mi.s.-iion and that gome one or two of the roadw should
evince a itrong disposition to adopt the CommiMlon'f
jtAugust 1 and September 1.
i«oo.
rates, evidently thinking such a course best as a matter
Aitguiti.
Sejitemtwr \.
*
Ket Ciii-rtiiry TToldingibyTrtamrer.'
Kil84,O0a.O74 $183,837.^81 of public policy. For the order in question is probublv the
(«Oia colli mill hiilllon
15.740..V35 most far reaching
21,^80,352
iSllviT coin ami biiUlon
ever issued by a railroad commission.
Xeuftl toiulor
N.tioual
ir>ti-(i
12,163,412
10,373,710
^^g.jssg
3.003,227
l..ink n..ti>8 in cash....
Kntioiiul
liiiiik
wWn In redemption
5
22,5-t0.7«5
22,077,020
Total Oovemni't oasli In.Sub-Treasury .!ii24r>,14a,»S2
.fi8B,3Ol,082
Loss by Sab-Treasury and cnln U> commerce since Aiift. 1
:?1,372,(;00
dollar colnajre during August
) Stunduril
1,10D,585
Sadonal bank notes retired duriuR August
(
Stiver bullion eertlfioates Issued under act
July 14. 1800
$.3,609,000
2,233,100
IjLess amount lu Treasury Sept. 1
815,841 ,800
iFtactioiiuI sliver In cn«h
'
—
.
262,41
I
Gain of
AVe have
The order itself fills about a column in gmall type in
an ordinary daily newspaper. It undertakes to fix
rates on wheat, corn, oats, and flour over amost extensive .section of country,
and
l,37.=j,900
if7,479,615
appended the movements under the old
specifically
is
directed
names maximum rate«
between Kansas City, Council Bluffs, &c,, and Chicago;
between Kansas City, &e., and St. Louis; between Missouri Hiver points and Mississippi River points; between
all stations in Kansas and Nebraska, and Chicago;
between all stations in the same States and the Mississippi River; and between all points in Kansas and St.
to 17 large railroad systems.
'
cmrcncy to commerce during August
itation in
It
law and under the new silver bill, and find
Louis.
The order concludes with the statement that
tliut all the' gain to commerce during August from
"no
rate
is required to be reduced below CJ mills per
Treasury disbursements and from both these other
"ten
per
mile for distances not more than 500 miles,
ees is a net of $7,479,015.
Taking the Treasury
"nor
below
G mills per ton per mile for any distance.",
ursemeuts alone, and the net addition is only
Si.T
mills
per
ton per mile, what a munificent compeil-'
^41,300, notwithstanding the disbursements on aciit
of bond purchases reached, as we have seen, sation, indeed, for a "Western road
i:tge
!
I
.
million
1
ivlicatcd
dollars.
A
part
of
the
difference
can be accounted lor by an increase of about
iUion dollars in the
amount
It
here
of Treasurer's transfer
has frequently happened within the last decade
made by
But the order of the
that wholesale reductions in rates have been
the authorities of a single State.
But deducting that Inter-State Commission would affect grain rates over
have disbursed in August for about half a dozen States States where grain is the
In a letter addressed to the Commisjoud purchases about 19 million dollars, the most of chief product.
sion
June
Mr. Aldace F. Walker, Chairman of
last
by
hich must have been set off by the large receipts of
Association, that gentleman
the
Inter-State
Railway
l&venue and the unusually small ordinary payments.
the
loss
of revenue which would
said,
referring
to
The chief interest and use which this review has
Commission's
order be carried into
result,
that
if
the
ies in the conclusion we are brought to, which is that
will
have
rendered the largest
effect
the
Commission
iie proceeds of bond purcheises in August (amounting to
be pronounced by
judgment
ever
attempted
to
money
130,570,251), were in the Treasury on September
'
ks and drafts outstanding.
iUion dollars
we
—
still
1,
cept what
>6,8-t]
we have accounted
for above,
and the a human
tribunal.
known to
Consequently
purchases represent which it made
,300 net loss to the Treasury cash.
well
The
action of the Commission
is
be the outgrowth of the investigation
last spring, by direction of a resolution
remainder of the money those
not gone into the banks and been scattered by the of the United States Senate, but there is no evidence
msiness activity through the channels of commerce as whatever to show that the Commission has considered
.0 many surmise.
It remained at that date still in the the probable effects of the proposed rates on the revenues of the roads affected. Their ideas on that point,
jub-Treasury.
=^
=
may perhaps not unfairly be judged by the inference
which their order permits, that 6 mills per ton per mile
ihe
las
lOVERNMENT TREATMENT OF RAILROADS—MORE RATIONAL VIEWS.
The
Commerce Commission this week
Western railroads an extension of time for
dopting the new schedule of rates ordered by the Comnission and which the roads had been directed to put
Q force on the Ist of September. The managers of
ome of the roads had been inclined to ignore the order
f the Commission and test the legality of its action,
hough on the other hand some other managers were
xtremcly loath to assume an attitude of hostility to
ch a public body as the Inter-State Commerce ComInter-State
pranted the
ras
adequate
compensation
the
for
to
roads
— Western
render the service as
cheaply as Eastern roads having a
traffic relatively five
times as great.
What
the final outcome of the matter will be we do
It may be that the roads, not
wishing even to appear to be antagonizing public sentiment, will in the end unanimously adopt the Commission's rates.
Or it may be that the course of a few
not of course know.
roads to that end will force
footsteps.
Or
it
considering the
all
others to follow in their
be that some of the managers,
importance of the principle involved
may
and the great amount of money at stake, will on further
was that the time consideration think it best to allow the courts. to settle
too short for giving the necessary notice under the the question, reluctant as they may be to appear in an
ussion.
itlg
is
carriers thus being expected
It
appears that the chief difficulty abont put-
the rates in effect
September
1
of the railway traffic associations, and therefore attitude hostile to a Government body.
The wisest
adoption of the new rates would have been in conflict and most satisfactory issue would be for the Inter-State
ith said rules.
The extension granted by the Com- Commerce Commission, now that it has granted a
lission will help the roads out of this dilemma, and postponement of date, to hold the order indefinitely in
le
Circumstances hare
it altogether.
completely changed since early in the year. Then the
It is a striking commentary upon the willingness of lot of the producer was undoubtedly a hard one, owing
ailway officials to conform to the views of Government to the very low prices which his products commanded.
ttthorities, even when doing so is sure to entail heavy But now that grain prices are so very much higher, hie
'ill also give the
managers further time for determinag the course to be pursued by them.
abeyance, or recall
—
THE CHRONICLR
288
positron is totally different,
and
unfair to expect the roads to
it
make
would seem very
further sacrifices
In the " emergency" tariffs of last
spring railroad managers demonstrated their willingness to extend assistance to the agricultural classes
under the depression then prevailing. With the rise
in grain prices, additional reductions now would most
for his benefit.
Paul & Omaha system it was found that earnings
were 2 '3 per cent on the investment, the extent of
road being 241 miles. It it is very difficult to get
exact information either as to earnings or cost for
St.
pieces of road, and we do not know what
method the board pursued in reaching the results
special
given, but the results themselves are very interesting
and are not
assuredly be unjust.
It is satisfactory to note that while the
(Vol. LI,
Inter-State
fairly open to question we think.
Of
course with such figures before them, there was no basis
for a reduction of rates, and none was made.
The
action more
and more arbitrary than any previously taken board struck at the root of the whole trouble when they
or suggested by it, the tendency among State Railroad said that " a third less mileage would perform equally
Commissions is in precisely the opposite direction. In " well the accommodation required by the public
Whether as " there would be some fifteen millions less capital defact, the contrast is quite exhilarating.
the result of experience or for some other reason, some " manding of the public an income and rates might
of these Western State Commissions are growing much "be reduced proportionately." But if the roads are
more conservative in their action, and the views to making such low returns under present rates, what
which they are giving expression show in many cases a would be the situation under the reduction ordered by
quite liberal disposition, especially as we had become the Inter-State Commerce Commission ?
accustomed to expect totally different things from such
In the case of the Kansas Commission the question
quarters.
We have in mind more particularly just now under consideration also related to a reduction in rates.
the Kansas and Nebraska State boards. Both boards The Commissioners revised the local distance tariffs, but
have given evidence lately of a disposition to deal more did not go as far as they were asked to go and stated
justly by railroad interests.
The facts in the Xebraska their reasons for not doing so. It is the explanation
case were set out by the Northwestern Railroader they make that mainly deserves attention, for it shows
about a month ago, and are interesting at this juncture a proper regard for and comprehension of many of the
in connection with the questions raised by the Inter- important elements in the problem.
Thus tlfey were
State Commerce Commission's late order.
urged to make the local distance tariff conform to that
It appears that the Nebraska Board had adopted a of Iowa.
In reply to this request we find them using
resolution declaring that rates for transportation within some very vigorous language.
" It has been assertol
the State should be adjusted so as to afford no more "by several persons who appear to possess no iuformathan a reasonable rate of income upon the capital in- " tion on the subject, and to whom unfortunately
vested, and that with that end in view they had entered " authentic information is peculiarly offensive, that
upon an investigation to determine the relations exist- " the conditions existing in the States of Iowa and
ing between the earnings of the Nebraska roads and " Kansas are so exactly similar that a distance tariff
the cost of their construction. The Board seem to have " adopted in that State furnishes a criterion as to whatli
entered upon their investigation in a broad spirit, for " would be reasonable in this. In Iowa the local dis-l
we find them saying that the matter was simply one of "tance tariff is lower than it is in any other State, and
figures, that judgment should not be " influenced by " it has been the subject of long legal conflict. Whether
" the brawling assertions of designing agitators, or by " it is just and reasonable as applied to Iowa we
" the general denials ever forthcoming from railroad " are not called upon to express an opinion. That
"representatives." The roads should be allowed to " the conditions existing in the two States are
earn "a reasonable return upon the cost, and in addi- "widely
dissimilar
is
matter
a
of
public
ction thereto a sum sufficient to keep the roads in good " record." They then go on to show that the populai
" and safe repair, and to make those additions from time tion of Iowa is very much greater than that of Kansas/
"to time required for the convenience of the public." and the freight tonnage also greater; that the territoFive to six per cent per year, they thought, was "a rial area of Kansas is nearly one-half larger than thai
" reasonable rate of income for the purposes set forth, of Iowa, and that the cost of operating roads over tht
" and that 7 was not extortionate or excessive for the larger area is increased, and furthermore, that notwith" period intervening from the time of beginning opera- standing its smaller population and tonnage, KanBW
"tions on a newly-constructed road in a country but has a greater number of miles of road to maintain an(
"partially developed to that time when an increase of support than Iowa.
The Commission also' point onl
" traffic, to a point somewhere near the road's capacity, that for the year ending June
30, 1889, the operatiom
"has brought about the development of the road to a of the roads reporting to the Board (excluding resuBi
"first-class condition."
on the Rock Island main line, of which only two milei
The investigation thus undertaken showed that the are in Kansas) show that with earnings and income o;
Union Pacific leased lines on 750 miles of road earned $80,235,049, expenses, taxes, interest and rentals wen
less than 3 per cent on an investment of
$15,000 a mile, $81,116,286, leaving a deficit of $881,237.
This ca{
that the Burlington & Quincy while earning 10-1
per not the mileage alone in Kansas, but the total mile
cent on the 391 miles of main line between
Pacific of the roads having their lines wholly or in part wit
Junction and Kearney, earned only 2-0.3 per cent on the State. Those roads
whose sole or chief dependel
the 525 miles from Nemaha to the Dakota line, 3-07 is local
traffic, the Commissioners saj', are, accord|
per cent on the 180 miles from the Kansas line
to to their annual reports, far from self-sustaining.
Columbus, 2-7 per cent on the 463 miles from Salem to
Evidently both the Kansas Board and the NebraeltJ
the Colorado line, 1-1 per cent on the 241 miles
from Board are beginning to take bi-oader views of theil
Amboy to Arcadia and Ericsson, and 2-5 per cent on the duties; and with such a presentation of facts and figure!
115 miles from Omaha to Schuyler and Crete to De Witt as they make, it would be matter for especial regre
the average for all the Burlington lines in
Nebraska •hould the Inter-State Commission insist on enforcin,.
being 5-09 per cent on the money invested.
On the its order.
Commerce Commission has been proposing
radical
;
:
'
\
i
'
—
Skptember
THE CHRONICLE.
1880.]
6,
UPEROJi WILLIAM
'
AND DIHARMAMEXT
IN EUROPE.
is
!t
diflBcult
;
28»
conceive of any arrangement more certain
and to open up a pathway of proithe Balkan Peninsula, removing at the same
difficult to
to restore order in,
perity to,
and time what so long has been, and what threatens to be
Sweden and perpetually, a bone of contention from Eastern Europe.
to contemplate the journeyings
Emperor William to England, to
from some purpose or purposes other
Certain it is that the present condition of thingi
han of only friendship and courtesy. It is the more cannot continue, and that while it does continue it
lifficult, since the young Kaiser has already giren must constitute a source of danger, not to the Balkan
'vidence that his mind is actively alive to the great region only but to Europe, and in a sense to the
mblic necessities of his time, that his sympathies are world at large. A war in the Balkans means a Euroiroader and deeper than those which are ordinarily pean war
and a European war, things being as they
Mociated with the highest and most privileged order are, would be world-wide in the range of its influence.
if social life, and that he has an apparent determinaIf the conditions and requirements of our modern
ion that in his hands the sceptre shall not be an empty civilization are not to be ignored, some new arrange)8uble.
He rules he means to rule but his desire ment must be made, and made soon. It is now twelve
of
13
liuBsia apart
•
;
;
;
eems to be that his influence shall be felt for good.
His visit to Russia particularly has been variously
nterpreted.
By some we are asked to believe that so
ar as Emperor William was concerned it was nothing
Qore than a manifestation of good feeling, colored by a
outhf ul, generous and chivalrous sentiment ; hidden
oeaning or secret purpose there was none. By others
he visit was perhaps too liberally interpreted.
The
erret political purpose they tell us
was the only
liiag
all the rest was but a cloak
an outward and
onvenient disguise. The simplest and most natural
years since the close of the last Russo-Turkiah war,
since the Berlin Conference, with a view to
and
the fstab-
lishment of order and good government in the Balkan
countries
and with a view
also
to
the preservation of
made the present
arrangement. It may be that the balance of power has
been preserved ; but the arrangement, so
so far
far as the matter of contentment and general security
has been concerned, has proved a complete failure.
Practically twelve years have been lost ; for dissatisfaction is as much a characteristic of the populations of
iew of the situation, unless we greatly mistake, will be southeastern Europe to day as it was on the eve of the
ound to be the most correct. The ostensible reason outbreak of the war in 1877 ; and an element of danger
ras the true reason.
He went to Russia by invitation has been added to the situation by the antagonism
f his Imperial brother.
He' went to be present at, and which has since been developed between Russia and
—
;
; but
as such
went prepared
ike advantage of them, and if possible to turn them
-lime good account.
Young as he is, viewed in comaiiaon with the older diplomats, he knew that whatvcr schemes or plans he himself was disposed to adance, there were schemes and plans on the other side
nd he took the precaution to take his Chancellor with
take part in, the military manoeuvres
anions always offer opportunities, he
;
im.
.
t
I
We now
,
'ere
begin to see
— so
at least we are disposed to
England and the visit to Russia
—that the
visit to
neither of
them made
hink
the balance of power in Europe,
in vain.
A
most
ag piece of news comes to us from Paris.
interest-
It is that
A more unsatisfactory state of
Austria-Hungary.
If diplomacy
things, in fact, can hardly be imagined.
has anything to do in Europe, duty points most
emphatically in this direction; and gratitude widespread and enduring will be the reward of any effort
which successfully and without bloodshed accomplishes
the difficult but much needed work.
We lay stress npon the plan above suggested, not
because it is the only conceivable way out of the
difl!iculty without war, but because it seems to be the
result of an honest and earnest desire to have this cause
of trouble removed, this perpetual source of danger
It matters
to the peace of Europe effectually dried up.
Government has made a suggestion or pro- but little whether the above suggestion comes from
Lord Salisbury direct, and owes its origin to him and
Powers that the various Balkan States
loumania, Ser/ta, Montenegro and Bulgaria, with a to him alone, or whether it is the result of inspiration
ortion of Albania
be organized into a grand federal due to the Kaiser's presence and influence at Osborne.
he British
osal to the
—
We
having
of
been
which many persons have
in
e convened for the consideration and arrangement of influences
;Uch union.
This report may prove to be premature, concerned but which are traceable to Emperor William
ut we
have for some time been prepared for as their source. Such a man, when he gives himself to
ome such suggestion on the part
one or a purpose, becomes surrounded with an atmosphere in
of
ther of the great Powers.
No doubt it is a very which no other scheme or plan but his own finds place.
old suggestion; when on» considers the interests and The contagion of his influence is felt by all who come
rejudices which it threatens to disturb.
There is no within his reach. It is undeniable that he has become
nion,
and that an
Intevfiational
Congress of such
'owers as were represented in the Conjgress at Berlin
vidence
:idividual
f
that
such union
States.
is
desired by any of
the
Whatever may be the sentiments
aSection which prevail between Bulgarians and
an
are
disposed
inseparable
to
regard
connection
as
ft
with
a
train
the most potential personality in European politics. It
any
is equally undeniable that he is so not because of
aid
from without, but because
of
his
own
inherent
Since the retirement of Bismarck he has
ioumanians, there is certainly no love lost between
Bulgarians and Servians, and Montenegro counts some- steadily gained in influence and in the good opinion of
ow as an outside party. It is not an arrangement the outside world. He has sought to advance the inpeople
'hich either Austria-Hungary or Russia would naturally terests and to increase the comforts of his own
of hi«
welfare
iek.
It mews the abandonment of ambitious schemes and he has generously connected the
other
all
of
people
n the part of both, and the actual sacrifice of territory own people with the welfare of the
qualities.
n the part of one of them ; for it is not conceivable
hat such an arrangement will be found compatible
'ith the continued occupation of Bosnia and Herzevina by the xVustro-Hungarian monarchy.
Yet it is
'
the realization of his ideal, Internationa
of the
peace is necessary, and so also is the reduction
objects
two
these
On
Continent.
standing armies of the
meaning to
he has set his heart. It is this which gives
nations.
To
•
1
Tflll
290
CHRONICLE.
various visits to the
his incessant activity and to his
has brought human
He
Europe.
of
crowned heads
into royal and impeople—
the
for
sympathy
sympathy—
homes.
perial
good
?
Has not
Do we not
see
this influence
some
been telling for
of its fruit in the prevailing
which has
disposition towards reasonable concessions
arrangeAfrican
found such marked illustration in the
of
condition'
the
that
What more natural than
ment
with the corresponding period of the year preceding
had increased 1665,163 and net earnings had increased
8593,046, as set out in an article in our issue of March 29.
But with the month of April expenses were augmented
heavily, and the augmentation progressed in such a
noteworthy way in that and subsequent months that
notwithstanding a further large expansion in gros?
?
of ccmSoutheastern Europe should form the subject
yersation at Osborne
We know
?
jeet
Tlie
the front.
could afford to be bold, for he had already
disarmament was brought
of
that on the occasion
to Eussia the stib-
Emperor
of the recent visit of the
[Vol. LI.
to
end of the 13 months show
three hundred thousand
than
more
hardly
a gain of
of
the seven months they
end
the
at
while
dollars,
nearly
six hundred thousai 1
of
gain
a
shown
had
receipts, net earnings at the
dollars.
The change has been so decided and unexpected that
Thus in
details possess considerable interest.
the
his
to
round
brought the Government of England
in gross earnings, expenses
gain
$91,074:
with
April,
prothe
makes
Hence while Lord Salisbury
views.
were added to in amount of 194,893 in May, with
posal in regard to federation, we are disposed to conEmperor
;
nect the same with the benevolent schemes of the
Emperor.
If the Kaiser has set his'heart on this settlement of
the Eastern difficulty, and if the British Government
entertain
is prepared to act with him, we may at least
1130,840 gain in gross, expenses jumped up $134,681 j
and in June, on a gain of $81,753 in gross, expenses
were enlarged no less than $430,133. Altogether in
the last three months on gross earnings increased $303,-
The
a hope that the task will be accomplished.
kans at rest and Russia and Austria-Hungary reconciled,
the great obstacle will have been removed in the wajf- of
Bal-
673, expenses were added to in the sum of $659,709,
The foil,
leaving a loss innet earnings of $356,037.
ing presents a comparison with last year, both on
results for June and the results for the six months i-
permanent peace and of possible disarmament. One diffi- ing Juno 30.
EA«T
culty will remain the Alsace and Lorraine difficulty
with France. But that is not to be regarded as insupTaking Gross carniuga
erable, as we have shown on a former occasion.
—
it
Emperor has such
for granted that the
that which
ment
we have
a purpose as
indicated, this remaining embarrass-
will soon give way.
Success to the extent of
securing general disarmament would be an achievement
surpassing the greatest victory ever won on the battle-
TENNESSEE VIRaKI.V & (iEOKGIA.
:— Month of Jane.
$314,413 $432,661
91.662
521.795
Operating expenses....
Net earnings
.
1889.
1890.
def.
$7,382
_
$310,999
^3
mos. end. June
1890.
18$3,184,008 $2,G0
2,816,314
1,591
$367,194
$l,0iri.
The foregoing indicates a deficit below expenseJune, 1890, of $7,383, against net earnings in Jii
1889, of $340,999,
making
a comparative loss in nci
and the reward, which would be the gratitude of $348,381. For the half-year the loss in net is $11>,the human race, would be niore valuable than any 838; there was an increase in gross earnings of $5:
830 for this period, but the augmentation in expei
Imperial crown.
Sevin the same time was no less than $735,668.
augmentation
circumstances goto explain this great
field,
'"•,-
HAST TENNESSEE OPERATIONS.
The rumors
of
the
new
expenses.
acquisitions
by
or in the interest
East Tennessee Virginia
&
Georgia Railway
of
give added value to infortnation relative to the opera,
June
30,
secured in advance of
reference
to
adjustment
June,
back months greatly enlarged the
doubtless
the
month
the
of
accounts
;
>
the
total, just as in
year preceding such adjustments reduced the J
Then of course rates have been low and m
total.
Besides this, outlays
mind we have items of expense high.
the annual report figures to show renewals and betterments appear to have been quite
company for the
1890.
Having that
tions of this
With
late fiscal
fact
year ending
in
the road's earnings, income, charges and other
fiscal
liberal.
After what has been said, it is obvious that hea
Albany & Chi- expenses constitute a very prominent feature for
is correct, the East full year period alsD.
On the East Tennessee prTennessee system has already been very greatly (the form in which the figures above are given) y
enlarged.
Within a comparatively short period the earnings for the twelve months have 'increascu
Cincinnati New Orleans & Texas Pacific and Alabama $1,110,453, but net only $309,136.
Including in the
Great Southern, the Louisville Southern, the Cincin- results the operations of the Knoxville & Ohio,
nati Selma & Mobile and the Rome & Decatur have all done in the weekly reports of earnings, the increase n
results in the twelve
months
in question.
not the report that the Louisville
cago has been or is to be secured,
Whether
or
New
'
been acquired. As a result the East Tennessee now grosB is $1,197,615 and in net only $303,507. On the
has independent outlets to both Cincinnati and Louis- latter basis the ratio of expenses to earnings is 65-:]
Tille, and in point of mileage and importance must be cent, .and this is without counting taxes.
We
classed with the great railroad systems of the day.
this week received the auJitei statement of the L'
Not unlikely the results of operations for the late ville & Nashville Railroad for the same year, and it iyear will prove disappointing.
Gross earnings have interesting to note that on that road for that period
increased in a most decided way, but net earnings have the ratio was only 60-6 per cent.
The Nashville opera
gained much less in proportion. This has been such a tions are based on 2,308 miles, while those of the Eas
1:
common
experience with the railroads nearly all over
it would not cause special comment in
the country that
Tennessee are based on a
1,209
miles.
The
much
smsller mileage
inference
seems
—
onl'
warnu
libcr;i
monthly returns of the East therefore that
quite
expenses
include
A
Tennessee for the greater part of the year had encour- outlays
for improvements
and betterments.
aged the idea that net results would show just as strik- the same time the fact must not be overlooked tha
ing improvement as the gross.
Thus for the seven as the result of steadily declining rates (which the Eas
months ending January 31 gross earnings as compared Tennessee is experiencing the same as other roads
this case, ecreept that the
.
Septimber
0,
lUE CHRONICLE
1890.J
291
of the higher price of labor aud many other itemH, June 30, 18»0, being rojwrted at 135,240,000, againat
To show $23,500,000 on June 30, 1889. The increase is made
the operating cost would naturally increase.
the course of the road's earnings for a series of years up of $3,740,000 additional Ist mortgage ezteniioa
and
we have prepared the following. We give the results bonds, of $2,000,000 additional improremeat and
both with and without the Knoxville & Ohio.
equipment bonds, and the new $0,000,000 Cincinnati
BAST TBinCEgglSE VIBOIMU A OBOBOIA. without KHOXriLLB A OmO.
Extension collateral trust loan. Total interest charge*
on
the $35,240,000 debt will bo $1,834,410 per year, a*
Fear enditig Juiu 80.
MUeaot
road..
188IM0.
1888-80.
1887-88.
1,148
1,007
1.032
samlnffi
0penttn« «iponi«8
against the $1,373,972 actually paid for interest in the
late year.
Thus there is an apparent increase in re-
lOBn-aa.
1,082
»
t
QroM
1886-87.
«
»
a,m,078
s,30i,a«s
s.ioe,gi8
4,8(18,181
8,778.2!! t
4,17S.98a
S,374,«a6
8,286.538
2.S01228
».4o*.3i»
j
Net enrnliure
2.2:M,oes
1.0S«.gS9
TiisiSol
1.466.aK2
^'"^»''«
I
EAST TBNNB88KX VIBOIMLA A OBOROtA, ineluding KKOXT. A OIUO.
OroM
^
t
7,0U.1B2
earnings
Upentlng uipenaea.
1888.S9,
.
Xet eamlujis
1887-88.
^886-87.
1885-86.
5,600,210
i,ne.(m
4.&96.164
t
5,843,646
3,703,065
3,569,423
8,157,026
4,119,678
2,923.3oa
2.444,«Se
2,141,491
2,080,7871
1,619,671
1,496.269
*
1
This presents a very striking record of growth and
progress.
In 1885-6 the road was still operated by
receivers, the reorganized company taking possession
of the property on July 1, 1886.
In that year gross
earnings (including Knoxville & Ohio), were only a
—
in excess of four million dollars
$4,119,578.
In
the late year the total was over seven million dollars
little
uati
extension
East
Tennessee
by
Tmr ending Juru 30.
ISSO-DO.
quirements the current year of about $460,000. But
$300,000 of this represents the interest on the Cincin
(*7,041,162), so that in the four years there has been
an increase of over 70 per cent. In the same four
years the mileage has increased only about 111 miles,
the
that
loan.
the
deposited
securities
These
loan.
meet
which
the
income
yielded
to
have
will
in
against
trust
comTexas
Pacific stock and its holdings of Alabama Great Sonthem shares. Both companies are paying dividends, and
both are doing unusually well. The Alabama Great
Southern reports to us gross earnings for the year ending June 30, 1890, of $1,957,365, and net earnings of
$628,988, the call for interest on bonds being only
$209,927.
The Cincinnati New Orleans & Texas Pacific statement for the same year we gave last week.
It showed gross earnings for the twelve months of
securities
pany's holdings of Cincinnati
$4,309,144,
only
against
consist
New
the
of
&
Orleans
$3,655,859
in
twelve
the
months preceding,
and net of $1,580,962, against
After paying all charges and a 4 per cent
$1,145,257.
or 10 per cent.
Xet earnings (notwithstanding the dividend on the stock, there was a surplus for 1889-90
outlays for improvements) also show quite a noteworthy of $458,050.
expansion, standing at $3,444,998 for 1890, against
As for the other roads which the East Tennessee
only $1,496,269 for 1886.
The earnings of the Knox- controls or leases, the Knoxville & Ohio meets its
ville & Ohio are very heavy per mile, but even without charges out of its own net earnings. Such net earnings
that road the average for the East Tennessee is $5,610
per mile now, against only $3,661 per mile in 1886.
Expenses also are very much heavier, being $3,653 per
mile for 1890, as compared with only $2,330 in 1886,
leaving the net per mile $1,957 in 1890, against $1,331
in 1886.
Of course charges
were $208,913, while 6 per cent interon the $2,000,000 of bonds guaranteed by the East
Tennessee calls for only $120,000. The Memphis &
for the late year
est
Charleston also
Mobile
is
fully able to take care of itself.
& Birmingham,
The
show a
deficit (the deficit was $136,550 for the year ending
June 30, 1889), but it is never brought into the East
however,
likely
is
to
have likewise been
might have been Tennessee accounts.
expected.
The increase in the same during the last
two years has been not quite $150,000 a year. We have
STATEMENT
31, 1890.
prepared the following to show income and charges for
The following is the oflBcial statement of the United
the years 1888, 1889 and 1890, being all that we can
States public debt at the close of business Augus t Zl,
give, the first annual report of the reorganized com"
1890.
pany having contained no income statement. The figures
INfEREST-BBARt-VO DEBT.
cover the East Tennessee proper (without Knoxville &
Anwunt OutatanMno.1 mount
fnt'r't
Ohio), that being the form in which the accounts are
ride 0/ Loan.
I«su«l.
Pa
Total.
R«glstend.\ Coupon.
kept.
The net income for* 1889 differs a little from the
though hardly
rising,
for interest
as
much
as
AUGUST
DEBT
-
l/'le
net earnings for the same year given in the table above,
because we have taken into account a few small
amounts of disbursements and receipts not included in
the ordinary earnings and expenses.
EAST TEN."«E8SEE VIRGINIA i GEOROIA.
I'ear
1890
Ket income
—
Charges
Taxes
Interest
Total
Balance, surplus
According to
endina June 30,
18B9,
lS>iS,
Funded Loan. .1891 Q.-M.
Funded Loan. ...1907 Q.-J.
Refunding CertiSc's. Q.-J.
4)49,
4s,
4b,
AKcreiia'e eicludlna
Bonds to Pac. HR...
DEBT
40,OI2,7M
S8e,384,6M
103,020
1
1
1,029,494,550 579,983,750 100,891.260
680.978,090
WniCH
oalled bonds.
$
$
1,924,935
1,834,380
162,S45
1,373,972
133,941
1,223,S52
1,0S6,993
Legal -tender notes
Old demand notes
National B^nk notes
1,536,817
1,357,796
1,213,093
rraetlonal currency
567,139
$620,687
699,263
789,4S1,800 505,856,300, 80,528,350
0.\
INTEREST HAS CEASED SINCE MATCBITT.
A.sgregute of debt on whtoh Interest has ceased since maturity Is $1,777,275.
This debt consists of a number of Items of which the principal amoonta ar9
2,236,0S5
126,700
t2,'iO.0OO.O0O t74.l37.4;0'$20.3«3.9Co{ t»4.490.350
DEBT BE.VRING NO
I.VTERE3r.
(846,081,010
&6,03S
:
:
Redemption account
09,009,987
(15,287.449
....
Less amount estimated as lost or destroyed
8,37.''.934
6,911,911
this the surplus
above all charges for
(408,707,800
Aggregate of debt bearing no Interest..:
1890 is 8699,268, which compares with $567,139 for CERTIFICATES ISSUED ON DEPOSITS OC QOUD AND SILVER COIM
AND LEGAL-TENDER NOTES.
1889 and $620,687 for 1888.
The regular five per cent
'^^ "**
annual dividend on the 1st preferred stock calls for
CUmiAcaiion Of CtrtiMiMt*,
^",^
"^r!!^^
'
'
$550,000, so that the $699,268 surplus for 1890 is $149,268 greater than the amount necessary for that purpose.
With reference
to the company's funded debt, that
was increased $11,740,000 during the year, bfae amount
Gold certlScAtea
,
•«,,
lYAMury. Circulation
I$$wa,
(33,005,730 (124,382.539
4.861,8811 3as.47i.sio
(t5r»88J0»
410 000
Treasury notes of 1890
Aggre;,Kte of certiacate.
;
l,983,10al
8.8W.O0O
8ao.4*t,on
•490.600
1.ST5.900
3,000.000
«40.sro.wl (4»>.049.«9 («78.eflO,S«>
.
.
;
:
THE CHRONKJLE.
292
COMPAUISOX OF DEBT WITH THE PRECEDING MONTH.
Augult 31.
ino.
Class:^catiDn a/ D4bl.
OebtoD wh:ch
July
Inertan or
DeereoM.
31,
1890.
1
880.B78.0C0
700,799,360
1,777,278
1,803,135
4C8.':07,85«
407,856.635
iaterest has ceased
t
-19,82 1. .340
-a5.860
AKgrsKHte of
-|-851,321
and non-Inter-
Interest,
— 18,995,S7t<
1091,463,151 1110,459,030
Certlflcatea offiet hy an equal aoiount of
474,073.040
-1-4.577.300
debt, including certificate!. lS70.n3.J»l 1584,532.070
-14,418,570
478.650,340
.Al^eRAte of
The
100.000.000
100.000,000
157,388.269
308,423,071
160,081.869
302.191,171
9.230.000
11,860.000
Net cash balance. Including national
bankfund
104,672,400
Total
694,537,45]
708.142,1.67
Debt, less cash In the Treasury
879.B9«,010
876.389,113.
Principcii
Name
accnuA
and not
Outttaniing.
Do
yet paid.
258.851 34,324,308
Kan. PaciBcl
63,030 B.776,593
272,365 3e,397,IS5
16,000 2,221.808
tlnl'n Paclflcj27.23«.512
1,600,000
•Cen.Br. D.P.
Tratuportation
Service.
•Cen. PaciOc. 25,885.120
6,303,000
By
t
6,115,4fS
-l,'!.f>80.506
—833.073
BdUtruit
Interest
pov- of
paid by
m'fa; 5p. c.
net earninga. the V. S.
27,550.820
4.952.328
12.439.000
438,410
23,519,889
6,927
1,777,433
Paclflc
1,«70,5«0
19,706
•BlOuxC. 4P.
1.628..320
ie,283J 2,148,192
Totals ...64,623.512
646,235186,363,968
22,993,510
2,495,884
3,488,617
1,980.863
The subjoined statement has been
issued from the office of
the Treasurer this week. It is based upon the actual returns
from assistant treasurers, depositaries and superintendents
of mints and assay offices, and shows the assets and liabilities
of the United Srates Treasury August 30. We give the
figures for July 31 for comparison.
Jt-LT
&
Do
CI. Cln. Chic.
Do
C
& Pittsburg .-.
ilum.&Orcenv.. pfd
31, 1890.
&
E.Tenn.Va.
Do
Do
Terre H..
&.
pref..
Great Notth'n, pref..
Gr. Bay Win. i St. P.
Harlem
Hous.
.,_
& Texas Cent.
Do
.
•l'.""«"<^y ccrtiflcdtes. Act 1672...
"Olc»- AclJttly. 1890
k:.S;,^Si*1'iPublic debt
am interest;
Interest due and unpaid
.
Accrued inte est,..'.
**"
Matured debt
"
1' terest on matured debt
Int, on Paclflc RR. bonds,
due unpaid
Accrued interest Paclflc
RR. bonds
Post Office department account
pisburslne oIBccrs' balances,
Lndiatributed assets of failed
I*«tlon»l banks
vorrea'y and minorcoln redemp,
tlona account
Fractional sllvercoln redemptl'n
account
Redemption and exchange acic't.
Treasurer's transfer checks and
drafts outstanding
Treaiurer U. p„ agent for paying
Interest
on D.
fund for redemption
Total Uabllltlet
Available balance
L.&
Peo. Decat. & E'viUe.
Pcoiia & Etetem
&
Phila.
Read certs.
Pittsh. Ft. W. A Chic.
Pitts. & W., tr. rtcts
Do
pf. tr. reo.
91%
13%
8%
34
IHlS
&
.
Do
13
n...
&Tex.
Is t pref-.
Paul. iSiDul.. pref.
St,
St.
Paul Mlnu, & Man.
South Carolina
Souiheru Pacific Co .
1
&
5
15
58
2214
6
93
pref..
paid..
31
65
45
33I4
5I4
15
6
971s
107%
15Tb
61
4514
262
17%
7
30
23 Tg
121s
27%
3S%
36I4
73O8
77
24
28 Hi
8t.ates
Fargo
<fc
Co
153
115
117
7OI4 72
142
143
48
27
25
Do
Do
leog
65
49%
pret.
•Am. Cotton
•Do
41
42
90
431,
9I4
49
96
17% 26%
53% 66
Oil Co...
prof..
•AmeriCiin Ca.tle Tr.
Bruiiswickt'o
•Buckeye Pipe Line.
Chicago Gas Comp'y.
Ciiizi-ns Gas. Bk yn.
Coimnercial Cable ...
Consolidated Gas Co.
23
82 14
Mail
Phi adelphia Gas
•Pipe Line Trust
Pullman Palace Car.
huUiou certs,.
'Sugar RefiHerics Co.
Western Unlou Tel..
3II9
85
14-8
147,
29
30
32% 42%
511s
88
102
96
55\i
92>«
102%
100
441s 46''a
IOII4 1071s
18
52 >s
Do
pref..
•.Vational Lead Trust
Nortti Aiuericau Co..
'Silver
19'a
71s
8
45 1«
Various.
19 14
44'«
21
65
22
48%
44% 47
96
95
40% 46%
624 6213
82% 93%
Pitciflo
263
10
431a
7%
& Iron
2718
131a
8,S
8
70% Oregon ImproT. Co..
Do
pref..
26%
31%
88
10
pref.
Tenn. Coal
511s
ISis
38I4
1131s 114
24l'8
624
30 .s 34 '4
230 230
53I3
52
62%
•Do
Tr. certs...
27% Amer.Tel.& Cable...
105
69
191s
.57 '4
.
109
105
37%
3%
311,
2058
4II4
70
95
17
Colorado Coal &. Iron
Col. & Hock. C. A I..
Consolidation Coal.
M'lrylanti Coal
MiDiii'Sjta Iron
New Central Coal
N. Y. A Perry C. & I.
Ontario Silver Miu..
Quicksilver Mining..
89!g
:03''8
pref.
N. T. Lack. & West...
N. Y. Lake Erie & W.
Do
pref.
N. Y. & New England
N. Y.N. H.& Hartford
N. Y. Ont. & West....
N. Y. Susq. AWest...
Do
pref..
*
Wells,
ICSia lllis
17
17
181* 2038
27i»
26
68I4 72% •Dis. & Cit. Fei d. Co
19
24 •« lEclisou Gen. Electric.
1.50
1541s Laclede Gas, St. L...
Ist pref.
2d
94
94
St. L,. prtf..
Do
Do
27's
33I4
nils
150
Coal and Minino.
24
It
17
40
'SI.2
36
70
90
pref.
United
81s
105
8'>
Ills
American
314
7
831s
6Uia
93
IS^s
pref..
Adams
1091s
L..
pref..
.^519
71
)3
E.Vl'RtSS.
60
St.
39
32%
31«
& L. Erie, com
Do
13
39
12
28%
Wisconsin Cent. Co..
103
& Nash v..
all
Wheel.
14
18
641s
,
*
Wabash
Do
391a
21Ta
80
2Z
51
117
49
115
St. Jos. .fe Gr. Islaud.
St. L. Alt
T.
St. Lints Aik.
St. L. &. 8. Fran., pref.
231s
122
27
96
781s 62
7
7
270 270
48
2a
18
prrf..
44
181s
Rio Grande Westcra.
Do
20
101 14
41%
77
77
91s
35%
82%
27%
12
13
40ia 45
1541s I5519
Texas* Pacific
154% 135i« T. Ann A. & No. M.
76
22
120
22
96
64 lu
pref..
72% Rome Water & Oed
43 's
32
90
74
100
20
31
79
23
18
41
Richmond Terminal.
Do
B^igh.
19ia
5t)73
98%
U. N...
& Trans-Con.
Oregon
210
217
111% 121
75
821s
32
Ht's
8418
Unlisted.
The range of Governmont bonds sold
in August was as follows:
at the Stack
Exchange
OOyERNMKNT BONDS.
41s«,
1891
reg.
Is*,
1891, 4», 1907,
coup.
Opening.. *in2i3
Highest.. •104'«
Lowest... •lO^ia
•103%
Closing...
n03>a
.l'i??»
Prices
bid—no
'105V,
•1041s
reg.
124%
124%
124%
124%
c. bonds..:....
of national bank notes
Aggregate
65
95
93
29
59
LouisT. N. Alb. & Ch
•Louis. St. L. iSTex..
Manhattan, consol...
*
p. 0.
SB's
15
40
30
90
pref.
Lake Shore
Long Island
Minor coin
LIABILITIB'.
Res've for rea'p.'n of U. 8. note«
Gold oenifloa es. Acts 186:)-1882.
135
14
lOSis
451s
93
143 1« 145
,
*no pf. W.I.Rec.
Missouri Pacific
Aggregate
2:114
6314
4414
115>3 I19I3
ice's lll^s
Do
pref
Kings. 4 Pembroke..
Lake Erie & West'n..
Mobile & Ohio
Morris i Essex
Nash. Chatt. &St. L..
N. Y. Cent. * Hud. R.
N. Y. Chic. & St. Louis
iTe
68%
123
33
37 7f
no's 116
Central
towa Central
p,
Silver certificates. Act 18;8
13I3
3
Illinois
M. K.&T.,
Deposits In Nat. b'k depositaries
Oreg. Sh.
100
43
89
Ga. Ey.
1st prof.
2d pref.
Do
Minn,
S, bondsand int,, purchased..
Interest checks and coupon'* paid
Interest on D. C. bonds paid
ail's
1.
APereMarq...
Flint
Do
cen ifica* e?
Currency cerLificates,.
Treasury notes..
84>4
35>a
.
Sliver
•U. 8.
pref..
Mississippi ..
79
19%
Michigan Central
MUw. L. Sh. ii West.
•Gold certificates
Do
07
.51%
55
33
132
Mexican Central. ...
Mexican Nat., certs..
Fractional currency.,
Northern Pacific
78%
32
Memphis A Charlf n.
gnlted States notes.,,
ational bank notes..
x)ref..
Ohio &
Ohio So Hthern
Orexon Ry &NavCo.
31
Manhattan Beach...
Marq. Hough. * On.
^Standard dollars.,
silver bullion
Low.
Western. .
Sa's 331s Tol, & O, Cent
Hock.Val,&Tol.
Do
pref..
261s 3268
Delaware & HinLson. 158
167
Tol. St. L. iKan. C.
Del. Lack. <fe Western 141
1471s Union Pacific
I7is 21% Union Pac. V>. &,H ..
Den. & Eio Grande.
Do
pref
51% el's Un. N.J.KR&Canal.
Des M. & Ft. Dodse.
6
6
Virginia Midland
Loui3\'ille
Bullion
Fractional silver coin.
pref..
St. L.
pref.
«58
3
.s
Do
Col.
Do
Trade dollar bullion..
&
Railroads.
Norfolk
3513
78>4
118
Chlc.St.P.Mmn.&O.
Lou. Evans.
fllLVIK-Standard Dollars
,
Alton
&
EvansT.
Bullion
pref.
"Chic, it All. beiL.reo.
Chic. Burl. <fe (Juincy.
Chic. &Ea8t Ui
Do
pref..
Chic. MU.
St. Paul.
Do
pret-.
Chic.
Northwest...
Do
pref..
Chic. & Eock Island..
Chic. St. L. .tPitt.'ib..
pref.
Do
62,266,838
UNITED STATES TREASURY STATEMENT.
•QOLD-Coln
&
2d
Clev.
658,283
3.894.268
437,443
»,3B7
167,039
West.
By caeh
lO.T
prel.
do
Chicapo
Companies
Intertst
paiA by
the U. S.
I.ine.pf
Pitt8t>,
Che8,&0.,Vot.Tr,cert.
Do
do Istpref.
BONDS ISSUED IN AID OF PACIFIC RAILROADS.
^nt, reptiid by
6
Paclflc
Central of N. Jersey..
Central Pacific
Char. Col. Si. Augusta
6.855,768
86.318,86t
of RaiXway.
&
Do
Total csBh res'Ted for above purposea 587,159,774 580,928,838
Available forother purposes
Fractional silver, fractional currency
and minor coin not full leval-tender.. 22.078,808 22,541,719
J Interest
Low. Hitjh.
171i« 1711s
4018 43V
Canadian Pacific
Canada Southern
3,609,000
N. Y.
at the
RAILROAD AND MIi»ELLAKEOUS STOCKS.
RAn,R0AD9.
'Albany A Siistt
Bo3,&N.Y.Air
Buff. Koch, &
aod
8,509,434
and miscellaneous stocks
Stock Exchange during the month of August, 1890.
The unlisted issues are designated by an asterisk.
AtLintic
Redemption of ffold certificates Issued.
Redemption of silver certfs. Issued. ...
Redemption of currency certfs. issued.
Interest,
following table shows the highest and lowest
prices of railway
Atchison Top, <kS.Fe.
Cash <n Vie Treaiury.
Keserved for the f ollowlnc nnrpo»e«
Bedemptlon of V. 8. notes
Matured debt, accrued
[Voh, LI.
REVIEW OF PRICES IN AUGUST— STOCKS
GOVERNMENT BONDS AND
FOREIGN EXCHANGE.
-19.847,200
-
.
..
.
.
...
.
sales ditring the
4s, 1907,
coup.
123'',
123 '8
123''8
123 '8
Cur.,
•98 reg.
6.9.
6s.
Our,
'99 reg
•120
•122
•123H
•12*%
•1191s
•121 ifl
•123
•134
month.
The daily posted rates for 60 days and demand sterling
exchange in August are given below, it being understood
that bankers' actual rates are usually a
prices posted:
fraction below the
Sbftiubeb
THE CHRONICLR
0, 1890.]
m^»w»u« STUUJIfO aXOHAHOB (POSTED BATES) roE AU* 1890.
'
Aug.
60
IH-
day$.
1.... 4 8Si«
8.... 4 85%
8
......
8
dayt.
mumd.
Aug-
RU1«'9P 13... 4 84- >•
4 88->s
28....
26....
27....
28....
29....
30....
31....
mand-
Auu-
89>a90 U... 4H4>9
18... »84'a
4.... 4 85>a
S.... 4 85>9
6.... 4 8&><
30W96
I—
4f<0-'s
4 89
8g>s90
80<s90
16... 4 84>g
17...
18... 4"84ig
19... 4 84
4 88>a
4 88 Hi
4 88>ii
'
ils'i"
4 88
60
dayi.
t¥utnd.
4 83it
4 87
4 83)*
tH3->9
4 97
4 86>«7
4 92ifl-3 4Rtf->t
4 l?2V3 4 86- Hi
4 82>«-3 4 8e->«
8.
4 88
20... 184
4 85
21... 4 83'«-4 187'fl8 Opea. 4 85>E
4 89
0... 4 85
22...
4
83>a 4 8«>a-7 atgh.. 4 85>i
xo....
8.
4 80>«-7 Low.. 4S2H1
11.... 4 84ia-5 4'88>«'-9 23... 4 83>«
Luat.. 4 82ia-3
24...
B.
»«
4HH-1*
4 84
SOHl-90
4 90
4 86
4
and silver sectuitiea has continued through tJto week^
though silver securities during the past day or two have not
been as active as they wore previously. There has alw be«D
a good deal doing in British railway stocks.
Trade continues exceedingly good. There are signs of improvement in the iron trade, and even in shipbuilding the
in silver
,
60
298
8(t'>s
feeling generally is very hopeful. The traffic returns in consequence continue to show handsome increases, and although
it is certain that the working expenses are also much heavier
than they were at this time last year, there u a hope neverthe*
less that at the end of the year the comi>anie8 will be able to
At all events there is more speculathan there has been for some time past. In
American railroad securities business has been to some extent
stopped by the unexnected monetary stringency in New York,
and by the strikes. Everyone here had concluded that money
in New Y ork would be easy for the remainder of this year
because of the provision in the new silver law for treating the
bank note redemption fund as part of the available asseta
in the Treasury. The rise in rates, therefore, has surprised
everyone and for the time stopped business. Now, however, the
opinion is growing that the stringency is temporary, and that
the bond purchases will soon transfer money enough from theTreasury to the market to restore ease, and there is more disposition to deal. In the market for international securities
there is little initiative in London. Houses connected with
the Continent of course operate to a greater or less extent, but
generally speaking the department follows the lead of Paria
and Berlin. It is fairly firm without being very active. In
miscellaneous securities there is more quietness this week than
last week; particularly the speculation which had become veryactive in South African gold and land shares seems to have
come to an end, though those who are interested are very
confident that it will begin again before many weeks are over.
The news both from Buenos Ayres and Montevideo continues to be disquieting. It is said that the garrison in Monte*
video is as discontented as that of Buenos Ayres lately was,
and that unless the President voluntarily retires there will be
The President was associated
a revolutionary movement.
with the founders of the National Bank, and the Bank, asyour readers know, was unable to cash its notes lately, and
the notes through the influence of the Gavernment have beett
made legal tender for six months. They are greatly depreciated and the holders have consequently suffered much loss.
Besides, the break-down of speculation has almost paralyzed
business and put an end to credit. In Buenos Ayres, too,
fears of renewed military disturbances have again sprung up.
On Tuesday night the garrison was kept imder arms through
fear of an outbreak, the cause being that the new War Minister had struck off the army list the names of all oflicers
pay increased dividends.
Won
I
From OUT own
corrospoiidcut.)
London, Saturday, August 23, 1890.
The Directors of the Bank of England on Thursday
lowered their rate of discount from 5 per cent, at which
Tlie
it had stood for exactly three weeks, to 4 per cent,
change took the whole city by surprise, and the general
opinion is that it is a doubtful policy. During the five weeks
ended on Wednesday night the Bank received from abroad
very close upon three millions sterling. It has now considerably over 22}4 millions sterling in the metal, which is a larger
amount at this season than it has held for four years. It then
it can retain the gold, it is in a strong position and probably
will be able to pass through the
of again advancing
its
autumn without the
rate; but
it is
very
necessity
much doubted
whether it can retain the gold.
The Bank of Spain is extremely in need of the metal, and it
is understood that it has found the means to purchase half a
It has failed to get it in Paris and therefore
expected to withdraw it from London. Then there are
fears that about 1}^ millions sterling will have to be sent to
Buenos Ayres. Owing to the sale of the Western Railway of
Buenos Ayres, the means of taking the gold exist, and
though the great financial houses here are using all their
influence to prevent the money being taken, nobody knows
whether they will be able long to succeed. Over and above
all this there will be demands for India, South Africa, Egypt,
Portugal and other countries. But if the gold goes, it is
doubtful whether its place can be filled by drawing upon any
other country. It can not be got from the Continent, and
whether it can be obtained from New York the readers of the
Chronicle are better able to judge than any one in London
can be. Meantime the rate of discount in the open market
which on Thursday morning was as low as 3J^ per cent, fell in
the afternoon to S% per cent, and is steadily declining. The
joint-stock and private banks have put down the rates they
allow on deposits from 3}^ to 2}^ per cent, so that they can
afford to take bills at but little over 2^ per cent.
The price of silver stiU follows more or less closely the
movements in New York. Between Friday evening and
Monday evening there was a rise from 52d. to 54d. per ounce,
or not far short of 4 per cent, and on Thursday there was a
further rise to 54^d. per ounce. With a rise in silver there
has been a rise in Indian rupee paper, in the stocks, shares
and bonds of Mexican railway companies, and in the securities
of the South Austrian Railway Company— in short, in all
Bilver securities.
Contrary to general expectation India continues to buy silver at the rising quotations, the Indian
exchanges advancing as those quotations advance.
The stock markets have been decidedly more active this
week, remarkably active indeed considering that it is the
zniddle of the holiday season and that money is so dear.
Nobody anticipated the change in the Bank rate, but on the
Stock Exchange it has been hoped for some time that ease
would continue now well into September, and in consequence
speculation has been broadening and becoming more active.
The reduction of the Bank rate has been welcomed not only
because it gives assurance that in the opinion of the Directors
of the Bank of England any early return of stringency is not to
be apprehended, but also, and probably still more, because it is
looked upon as evidence that the Directors believe the danger
of anything serious happening in this market on account of
the crisis in the River Plate countries is now passed. For
some time indeed a general impression has been growing that
the great financial houses interested had combined among
themselves to give whatever assistance might be necessary so
as to prevent failures that might cause alarm. The action of
million sterling.
it is
>
the Bank of England Directors is supposed to confirm this
impression. At all events, as already stated, the speculation
in the stocks
who engaged
Whether there will
in the recent insurrection.
be disturbances or not, the condition of the country appears
almost desperate. Bills have been introduced into Congress
authorizing a loan for twenty millions of dollars gold, bearing
5 per cent interest, the proceeds to be left in London to pay
the interest on the foreign debt until the end of next year. It
is a frank admission that the Government has no means of
an advance is made by
Another bill authorizes the
issue of sixty millions of dollars in Treasury notes to assist the
National Bank, the National Mortgage Bank and the municipality of Buenos Ayres. A committee is to be appointed toexamine and liquidate the floating debt of the municipality;
yet the market is wonderfully supporljed.
The weather has again become very unfavorable for harvest"
ing. There is much wheat cut in the fields, but it is too wet
to be carried in, and imless there is an early and very marked
change in the weather, it will be gathered in a very bad condition.
It is impossible at present that it can dry properly. The
reports to the agricultural papers, however, are to the effect
that if the weather even now were to improve a fair harrest
would be gathered. Most of the cereal crops are a little under
average, but whether they will be gathered in good or bad
condition depends upon the weather of the nest few weeks»
The hay crop, however, has been largely spoilt, and it is re»
ported that the potato crop is much diseased. In consequence
keeping faith with
t'le
its
creditors unless
great financial houses here.
and the expectation is that it will
agricultural year much higher than it
has forlseveral years past. It is estimated that the yield of
wheat in the United Kingdom will be hardly nine millions of
the price of wheat
rule during the
is
rising,
new
will not
quarters, that the quantity available for consumption
:
. .
THE CHRONICLE.
294
be much more than eight millions of quarters, and that about
nineteen millions of quarters will be needed from abroad. It
doubtful if the Continental production will exceed the Continental consumption. From a summary of the official agricultural retiu-ns just issued it appears that there is again a decrease in the acreage under wheat, barley, potatoes and hops.
is
The following return shows the position of the Bank of
England, the Bank rate of discount, the price of consols, &c.,
compared with the last three years
1889.
1890,
AUQ.
Aug.
30.
21.
1S8S.
1837,
Aug. 22.
Aug.li.
£
£
£
24,«ia.825
21,81.1.695
circulation
Otber deposits
Government securities
Other securities
Besa-ve
Coinand bullion
3.80e.457
4,13»,833
3.143.939
4,180,599
1J5,415.881
24,118,044
23,574.171
16.372.225
15.017.396
15.195,424
81.S83.614
19.965.883
18,43-i,287
IS.919,780
14.887.487
1'2.395,277
11.927,392
Prop, assets to
liabilities. per
ct.
11,794,117
22.653.182
43 11-10
21.141,902
20,304,507
20,053,202
43«
perct. 4(Aug.21)
Bankratc
133.773.000
167.722.000
Clearlns-House returns
The following shows the imports
United Kingdom during the first
compared with previous seasons:
s
3
100 Ji
8
983-16
965-16
Consols
1886-87.
52.137.330
16,010,352
13,502,945
2,483,478
2,481.193
30,001.544
16,204,573
stocks on
1887-88.
47,991,701
17,757,983
37,076,659
1886-87.
52.137,330
16,204.573
31,197,247
115,876,280 106,946,409 102,826,343
99,539.150
1886-87.
1889-90.
lmportsof-wheat.C-wt.55,559,755
1888-89.
57,543.179
16,046, 25
Imports of flour
Bales of home-growii .44,270,400
35,421,529
Total
13,9(<1,701
1888-89.
1889-90.
ATer. price wheat weelf.36s. 6d.
Av. price wheat season. 30b. lid.
30s.
308.
1837-88.
9d.
9d.
This wtek.
qrs. 2,167 ,000
Wheat
Flour, equal to qrs.
Maize
qrs.
208,000
721.000
323.
333.
Od.
Id.
of wheat, flour
and
35s. 9d.
30s. lOd.
The following shows the quantities
maize afloat to the United Kingdom:
802.000
1889.
1,608,500
1888.
1,756,000
229,000
624,000
152,000
333,000
EnsUsli Financial Markets— Per Cable.
The
daily closing quotations for securities, &c., at London,
reported by cable as follows for the week ending
September
5:
Mon.
London,
Tues.
54
9513
961 i<i
9G00
106%
1281a
1281s
847e
85H
115
II413
111
11073
90%
77%
90 ij
xm
106
65 13
63%
Aug
878,3'20
5,408,566
58,431,165 56,063,837 54,308,515 53,318,060
Bonds Held by National Banks.—The following Interesting statement, furnished by the Comptroller of the Currency,
ihows the amount of each class of bonds held against national
bank circulation and to secure public moneys in national bank
gave the statement for
depositaries on September 1.
August 1 in Chronicle of August 9, page 163, and by
referring to that the changes made during the month can be
We
Bonds Held
S.
77.
Bond:
Description of
$1,140,000
6,615,000
21,746,000
$5,715,000
3^,430,150
101,055,700
$6,855,0C0
43,045,150
122,801,700
$29,501,000
*143, 200,830
$172,701,830
Jnrrency 68..
per cents.
per cents...,
i't
It
Total
54%
before our readers to-day the details of Govern-
to place
ment receipts and disbursements for the month of August.
From previous returns we obtain the fij;ure3 for previous
months, and in that manner complete the statement for the
eight months of the calendar years 1890 and 1889.
RECEIPTS (OOOs omitted).
Cua-
Inler't Misc'U lotal.
Hcr'ue Sources
January...
February.,
t
3,791
36.691
20,712
10,170|
3,216,
1,785
30,88n
18.768
9,178
2,18t
1,S34
t
{
34.398
30,133
31,014
March
80,800
2.696
34,778
19,171
10,009
April
19.359
12.508
1.VU4
3.-!,8ei
1P,S-98|
May
17.048
2,00i
:».44S
16,' 84!
10.847
15.027
«,792J :S3.837
3.3201 34.431
17.638'
June
21.641
16.392
12,642
8.261
37.547
11,723
3.3971 32.738
Joly
August....
23.953
11,717
8,829
37.1 91.
19,006|
10.899
1.981
8li,31«
12,558
1,838
34.812
20.630,
11.955
1,896' 34.471
19.808 281.9971 151.997
90,108
20.623 262.728
31.886
DISBDB8EMENT8 (OOOS omitted).
Orditmry.
Pen-
In-
*
15,680
2,176
7.916
9.925
13.660
B18
Pen-
In-
Prem
95'
514
July...
18.988
27,868
25,060
17.512
29,906
27,234
*
15,433
!
t
t
651
853
1,902
611
16.872
6.578' i.8s;
22,458
2C,916
12.980
i.4ra
13,589
410
11,583
11,074
5461
1.718'
1,514
87*
811
222
14,864
10,832
879
7,232
!i.054
38,137
15.248
876
1,730
20.244
73.428
Aug....,
12,445
33,890
18,278
13.675
8 mos.
98.903
70,361125,570 10,629 214.463
107.807
~T~
688
2,185i 8,285
11,331
14.863
18,859
lotal.
sions. terest. iums.
t
2,086
12,595
3,761
9.367
Ordinary.
"~$'~
~i~ ~i~
Jan....
Feb....
Prem'
sions. terest. iumt.
13,314
919,545
t
10,115
11.282
May...,
June...
$51,398,515
I
lotal.
*
10,881
27
106
M
63 H
26i«
Inter'l .Visc'is
Keu'Ufi5ourc*6|
18,966
2,095
.54
63 14
27
CmtoTna.
%
22.216
1.339
21%
2178
Total Held.
Government Revenue and Expenditures.— Through the
courtesy of the Secretary of the Treasury, we are enabled
9,661
8412
Bank
Circulation.
3,852
65%
85
Sept. 1, 1890, to Sectire-
Fubtie Deposits
in Banks.
8.615
Amount on
deposit to redeem national bank
notes Sept. 1, 1890
752,390
5,476,399
Act of June 20, 1871, and July 12, 1882.
8, 176
612
'.J8.S021
26.554
33.787
471; 23.674
223
13.750
298' 41.998
88.269
8.726 217.483
—
Imports and Exports for the Week. The imports of last
week, compared with those of the preceding week,- show
a decrease in both dry goods and in general merchandise.
The total imports were $7,5-30,348, against §9,296,004 the
preceding week and $7,596,812 two weeks previous. The
exports for the week ended Sept. 2 amounted to §5,555,234,
against 14,603,554 last week and $6,362,517 two weeks previous.
The following are the imports at New York for the week
ending (for dry goods) Aug. 28 and for the week ending (for
general merchandise) Aug. 29; also totals since the beginning
of the first week in January.
FOKEIGN imports AT
For Week.
Dry Goods
Gen'l mer'dise
Total
Since Jan.
(2,689.290
1,769,745
Sept. 1.
1.
9
52,033,171 49,795,771 48,169,726 49.033,174
60,521,556
10.226
¥183,143,491
'.'..
retlr'd lu
Total
13.958
;
Amount outstanding Sept. 1,1890*
Aufftut
1.
789.333
5,478,733
765,156
5,632.838
780.665
(nsolv't bks.
Liquid's bks. 5,695,294
Red'c'g undr
act of '74 54,045.597
April..
Leoal Tenders and National Bank Notes to
Legal Tender Ifotet—
Amount on deposit to redeem national bank
notes AiiKiist I, 1890
Amount deposited during August
July
1.
March.
Sept. 1.— The Comptroller of the Currency has furnished
ua the following, showing the amounts of national bank notes
August 1, together with the amounts outstanding S -ptember
the increase or decrease during the month
1, and
also
the changes In legal tenders held for the redemption of banh
notes up to September 1:
MatUnuU Bank Hole*—
Amoimt outstandiuK August 1, 1890..
*184,253,076
Amount Issued during August
«680,160
Amount retired during August
1,769,745
1,109,535
Amount reissued A b'nk notes
June
110
76%
IIOI3
20'9
'
Chanqes
Mayl.
$
73
731s
I
6413
54%
95l6,e
963,g
9605
106%
I
641a
by—
Total 8 mouths. 164.298 97.8gi
Wed.
5458
5458
Silver, per 01
d 54'%
54=8
95l5,p
Con9ol8,new,2?4 jercts. 96'ie X951B„ 961,,
96 'ig * 965,8 96%
do for account
96 k
95-70 95-65
Pr'ch rents (in Paris) fr. 9470 95-65
Il06% 106 3i 106% 106%
U. B. 412S of 1891
1128I4
1281*
128'4 128>4
TJ. B. 4aof 1907
851^
Canadian Paciflc
8578
80 ij
85%
Chic. Mil. & St. Paul.... 73\
73=8
73%
74%
lUiuois Central
115>a II5I3 115% H5-a
Lake Shore
110% 111=8 1115$ 111
LouisTille <^ Nashville..
9178
91 '8
91%
78I4
Mexican Central 46
78-4
77 14
78
N. Y. Central & Hudson. 110
110»4
110% llOk
K. Y. Lake Erie & West'n 2678
27 14
27
27
do
IO6I4 108 14
2d cons
10578 106
Norfolk & Western, pref. 65i>8
66^^
66%
6578
85I4
Northern Paciflc, pref... 8479
8514
85
54I3
Pennsylvania
54*8
54>3
54\
Philadclpliiai Eeadlng. 2178
22
22%
22
Union Paciflc
63 14
Wabash, pref
For the October account.
DepotUs
months
last five
tnmt.
Last veek.
2,063,000
185,000
of
89.037,000
125,898,000
12J.898.000
1):
1
each of the
of
weeks of the season
fifty
The portion
|.55, 318,060.
(1)
of cereal produce into the
IMPORTS.
1887-88.
1S89-90.
18SS-S9.
cwt 55,559,755 57,543,179 47,991,701
Wheat
14,185.680 18,443,604 18,880,983
Barlev
12,465,471 16,376,812 17,476,749
Oats
2,251,824
2,894,983
1,736,698
Pea»
2,r,69,339
3.430,051
3,034.645
Beans
Indian com
41,726,881 31.403,053 2.1.722,020
Flour
16,046,125 13,981,701 17,757,983
Supplies available for consumption (exclusive of
September
made
by banks becoming insolvent, (2) by
banks going into voluntary liquidation, and (8) by banks reducing or retiring their circulation, was as follows on the first
*
15,074.237
''
[Vol. LI.
edeem national bank notes was
this deposit
24,(590.145
84.677 .115
28,870.683
Fablicdeposlts
are
1
1
1887
$2,628,990
5,132,337
$7,761,327
NEW TOBK.
1888.
1889.
1890.
$2,528,959
7,898,020
$2,159,556
5,390,792
$8,667,361 $10,426,979'
$7,550,318
$3,156,885;
5,510,476
1
Dry Goods
Gen'l mer'dise.
$35,687,698
233,522,540
$90,379,577
2'27,092,616
$93.516,678l$106.293.845
248,291,1321 256,005,312
Total 35 weeks. $319,210,238;$3I7,472,193 $341,807,81o|$362.299.I57
In our report of the dry goods trade will be found the
imports of dry goods for one week later.
The following is a statement of the exports (exclusive of
According to the above, the amount of legal tenders
on •pecie) from the port of New York to foreign ports for the
aepOBit Sept. 1 -with the Treasurer of the United
Stetea to w«ek ending Sept. 3 and from January 1 to date :
$55,318,060
• Clroulatlon of national gold banks, not Included
above, $136,977,
.
Sbptembbr
XPUKTS rROM NKW
ri>UK
1887.
1888.
roi)<»'CA<l
FUR TUI WKIK,
»7,S78,301
18y.072.06H
t!>.r,r,r,
shows the exports and imports of Bp«cie
at the port of New York for the week endiai; Aug. 30 mod
suice Janunrv 1, 1890, and for the corresponding periudi) in
1880 and 1888:
IMPORTS OF HPKOIR AT ttSW TORK.
AltD
CvhI.
FtMlcl'
rnniny
V.
Iiulle»
-I
iMrXl,
,1
Anierlrs
All other countrlcg.
fM'Uiii
3,50fi.248
892.969
$683,200
3,3.51. M64
1-^.392
1,200
13,707
$164,702 $1«. 532,234
TcitM 1890.
Total 1889.
Total 1888.
SinteJan.l.
$161,840
$11,059,883
710.200
2.772.S35
2,390,012
$3,620
2,riO.)
5,600
156,r>M2
1.463,013
3,'>00
130,681
Or»nt Britain
<;.
Week.
Since Jan.l.
Week.
122.334
462,2^1
$698.1071 $6.51,"j.oe*
40,359,904'
19,9711 18,758,983j
2.0."iO;
Great Britain
America
1,351
30,464
7,770
95,886
Bonds— Redemption
of
iH
804,6,'i5
$203,247 $4,089,457
37,700
999,7tf3
4,390
1.255,754
$15,009 $13,825,741
744,747 13,584,168
8,144,675
484,100
Total 1890..
Total 1889..
Total 1888..
810,375
433,729
375,508
79,0.-7
All other countries.
Per Cente.-^Following
the te.xt of the circular i.^sued for the redemption of 452 per
cent bonds with prepayment of interest:
TuEASTTKT Department. )
is
WiSIIINSTON. AUR. 30. 1890. <
In ptir.s^uance of the authority oontaineil iu sections 3.694 and 3,699
of the Revised Statutes of the Vnited States, puMie notice is hereby
(Tiveu that 41.2 per cent Ijouds of thi acts of July 14, 1*70, and Jan. 20,
1871, will be redeemed at par. "wlc'i interest to and including Aug. 31,
1891. at the Treasury Dopartinent in the city of Washington, or at the
ofllee of any Assi.«tant Treasurer of the United States, to an amount
not e.vcecdi'np $20,000,000, provided they are presented for that purpose not later thin .Sept. 16, 1890.
Notice is also given that after the said 16th of September. 1890. or
whenever the above specitled amount of $iO,000,000 shall have been
presented, redemption of the bond.i of the 4'i! per cent loan will be
made only at the Treasury Department in the city of Washington, and
upon such terms a? may hereafter be made known. Kegiritorod bonds
should be assigned to the Secretary of the Treasury for redemption.
Where checks in payment are desired in favor of any one but the payee,
the bonds should be assigned to the Secretary of the Treasury for
redeminiou for account of
(here insert the name of the person or
persons to whose order the check should be made payable.)
—
W. Wimdom,
(Signed)
—A
Secretary.
Washington dispatch of September 5 says "The Secretary of the Treasury, after consultation with the Director of
the Mint, has decided that he will purchase, under the law,
7,280,000 ounces of silver between Aug. 13 and Sept. 30, so as
to start at the beginning of a calendar month namely,
October, with the purchase of 4,500,000 ounces per month."
:
—
—Attention
called to the advertisement of Messrs A. M.
Co. in the columns of the Chronicle to-day.
is
Kidder &
Anction i^ales. The following were recently sold at auctioD
by Messrs. Adrian H. Muller & Son
—
:
Sonde.
Shares.
148
$11,000 Houston West Bt. &
147'«
Pavonia Ferry BR. 7s, 1894,
25 ITooie Instiranc-e Co
50 Haniner Fire Ins. Co
15 Market A Fulton Nat. Bk.241
I86I4
29 State Trust Co
100 Third National Bank
Bank Stock List
"banks
Bid. Ask
219
Gallatin
Gartlold
160
Asbary Park
308
Broailway...!
Cha.Ha
Chatham
....
600
113
N.Y. CoHnty.1575
N.Y.Nat.Ei.ll»7
160
Ninth
125
310
Greenwich... 160
1
'340
Hanover
Hud. River.. ISO
142
16S
N. America.. 1195
North River. 160
200
Oriental
IPaciflo
178
816
iPark
370
People's
143
[Phentx
iPioduce Ex. 112
1166
iRepnblic
1270
1
Trndcrs
ft
Grceiiwlfli
Lea'/uit MsniifttCt'rs
Seventh National
New
Statf of
—
York....
1,200,0
5,000,0
5,000,0
1,000,0
1,000,0
422,7
1,500,0
Amnioan Exchange..
C'ummoroe
Broadway
MercantUc
Pacinc
Republic
Chatham
Nassau
Market
2,0i:i.fi
i2,r.i,.u
•J.niK Oi
5:!:).2
4,'::i7,o
74M.o'
3,«42.B'
7','M
Fnlton
St. Nicholas
Shoe A Leather
1,000,0
1,000.0
300,0
1,600,0
Continental
Orloi.tal
Importers'
&
Traders'
Park
North River.
East Klver
2,000,11
287.6
2S7.H
117,0
582,6
1,589,7
Gennar.-\»u'rluan
CI1.1SP Nt'tlonal
Fifth Avenue
German Exchange..
~
.
Gemianta
States
Lincoln
,,
l'nite<l
Garfield
Fifth National
Bank of the Metrop...
'...
West Side
Seaboard
Sixth National
Western National
First Natlonal,B'klyn
TMal.
141.2
4..138,2
13,518.8
2,953 01
307.0
386.1
4,680.5
2,416,6
469.7
447,9
256,4
3.807.1
2,166,51
1,218,7,
16,776,2'
2.943.1
10,155.81
5,614,61
2,441.0
l.l.l'.'.o
250.0
200,C
750,0
600,f
lOO.C
200,0
200,0
600,0
800,0
300,0
160,0
300,0
300,0
600.0
200,0
S,60P,0
300,0
Bowen'
New Voik County
18,66:1,2!
7,6.'s:i.3
674,0
288,1
644.1
1,459,5
273,2
397,5
208,5
097.1
121.1
260.1
246,6
461,0
777,6
317,0
101,3
4,09X.O
5.509,0;
80f.,2
3ti4,b
921,''
1,000,0
800,0
264«
6,411.8
4.211.1
2,180,0
20.046,0
3.089.0
1.245.9
3.667.6
16. "06,0
18.546,^
448.2
1,898,8
Third National
N. Y. ^at'l Kxchange
Ninth N.1tinnsl
1,71)6,81
2,462,01
1.229.1
3,'227,4
FIr.st ^atinIlal
Fonrtli Natlon.al
Central Natiimsl
SccoimI Xailonal
3,733,4'
2,S22.6|
4.076.2!
571,0
7J4,0
334.7
140.0
120,4
8U4.S
347.5
616.1
2.361.0
1,548,2
731,7
1,071.8
388,4
2,471.4
643.4
220.5
518,7
3,023,9
474,5
400.7
297,7
824,6
3,662.('|
74,
240,0
250,0
3,200,0
2,000,0
300,0
750,0
500,0
154,r.l
4.M22.4,
1.8««,H
1,501!,8
750,0
600,0
600,0
Com Kxchange
3
12'.J,'i
13;l,9
i,5i'.;,n
510.6
301,3
262.9
161,9
8,6i:i.2
75J,0
6,899,0
4,041,0
1.060.0
5.'.i80.5
846.8
21.S18,2' 3,441.1
339.0
4,139,4
2l)8.2
1,467.6
501.0
2.505.0
8,314,9
149,1
2,32:1.4
2,689,8,
610,0
440,4
2,096,1
4.38.S3 1,043,9
H8,7
2,832.61
2,793.0;
173.2
4,044,3 1,117,7
553,1
8,573,11
9,7S'2,7i
SSO.i-
776,9
445.3
418,8
493.8
276,8
324.3
294,4
538.7
233,8
164.7
3,663,0l
518,6
362,7
948,4
346,6
605.0
1,452,0
21'.i.0
3,'i3.S.3
1,776,71
8,748. Is
2,098.5
888,1
179,6
9,»7'2.4,
732,9
8,867,0
1
i.tiio.o
O H7 11 4
7
'.
1.1
:i',
»(Hl,7
78.«
401.0
92.2
301,9
26.8
288. S
919.0
l.Xdi.ti
1,677,4
239.8
8H4.7
199,7
231,9
660,1
18C,9
367,0
769.7
186,4
114,2
27»,4
185.5
130.8
283,0
330.0
826,3
214,4
1,188.0
1,877,7
114,7
76,8
1,260.6
809,0
130,0
310.9
621.7
668,5
90,2
110,0
112,1
93,2
1,019,8
140,6
668,1
305,7
49,0
304.2!
231,7
356,6
807,8'
178.5
890.0
70,0
332,4;
152,0'
1,814,2
949,0
3,500,4
1,878,0
8,109,1
18.476.0
12,888,6
4,«oa,i
7.789,5
2.923,7
10.947,4
5,623,6
3,981.8
4,645,7
18,890,9
2.871.0
2,688.0
8,242,0
4.110.S
1,808.4
9.949,0
6,676,5
4,492,4
1,940.0
20,246,0
20.936,8
2,400,3
1,009.9
17,030,0
6,874,0
4,697,0
B.37S,4
19,874,9
3,805.1
1,336,8
3,486,0
8,014,0
2,893,7
11.606,9
4,711,0
3,261.6
8.187,1
4,802.2
3,816,1
3.658,3
2,027,8
4,342,1
2,136,4
4,035,0
1,192,0
8.465,9
8,973,0
60,812,7 50.987,1 :il'2,546,4e9,595.6'a6,155,l 385,149.6
Bahki.
\Cap\tat «
Survlue.
Loans.
M. York.'
$
S
Sfecit.
L/flol».
Demtiti.-t
r*''i-.'''n
Olsortim.
S
«
•
Aug. 2 ...1120,799,8 401.660.9
a0.3-J7, 6 32.670.9 113, 915.8 3.628,4 612,504,1
9... 120,799,8 4c)6.139.6 73.196.0 39,764,3 407, 3U5.2 3.614.9 668,109,1
16 ... 12(1,799,8 402.183.9 70.84 3,»i28.378,l 399, 508.1 3.629,4 690.003,8
"
"
.. 120.799,8 397.672.3 68.621.1 28,244,2 339, 5.^3,1 3,65'2,7 717,416.7
SO.... 120,799,8 39'2,646,4 69,59o,8;26,155,l 383, 149,6 3,632,3 828,007,0
3.<
"
BoitoD.*
Aug. 16
"
'•
I
23 ...
30...
Phlla.Aog. 16....
•
23 ...
"
*
92.01
n
3',l».l)
23,217,0l 5,978.0
125,8
1,000,0
500,0
600,0
600.
i,
9,4"4.'J
1.90M.(J,
6,2811.4
450,0
300,0
700,0
A
5.0.'i«.0
7.1'
«!37a!o
711.71 ii.0«9,4
i.0....
.153 8 3.'«:.9 86.460,0
9,021,1 4,316.0,128.1
6' 9J,>125.3
9.440.3: 4,463.7 137 .071.53.2^2.
9;52i;2i 4;664,0'12i,'i05.9 3.22U.9 81,400,0
64,685,4 153,833.0
61,686,4 153.268.0
64,686.4 162,712,8
86,793,7
35,79J,7
35,793,7
2.^,236,0
W* mnuiwoctphtrnnatittuse
tsiplila.
the item
^'
due to other
916.0 2.130,0 83,111.6
808,02,131.0 69.615,3
172,0.2,137,0 62,164.5
tlnolailng, tor Boston an4 FfcUa
23.957,0
23.347,0
98.899,0
99.024,0
38.821.0
figure*,
l>anJu."
City Railroad Securities— Brokers' Quotations.
Drv Dock E. B'yJt B.—
135
Atlantic AT., B'klyn.St'k. 130
Gen. M.,33, lUU9...AJtO 103
Bl'clterSt. Jl JruLF. -Stk. 21
Istmort., 7s., 1900-.JAJ 112
Br'dway t 7iliAv. -St'k
1st mort., 58, 1904 ;J*D 101
2dmort
5s, 1914...JAJ 103
'24 101
B'wsy 1st, 6s, gn
2nil 6s. int. as rent, '03.' 93
,
1170
Ist mort.. 68, ly02..JAJ|106
B'lilyuirosst'n 66., 1908 108
OentralCrosstown— »i'k.. 160
Ist men., es,lt«'22.MAN 119
Cent. Pk.N.AK. lUv.— Stli. I'iO
Consols. 78, 1902 ...J4D 117
OryDk.K.B.<t Baiy— Stt. 140
1st wort . 7s. 1893..J&I> 102
1
llO"
27
116
'2I6
106
106
lOti
93
176
106
110
122'
123
120
115
107
330
II
I
FAA
100 103
200 !.•••«
ElgttthAv.— 8crip,6s,1914 105 109
42U 4 Ornrt St. Fry-Stk. 210 360
>*•>•<
Ist mort.. 79, 1893. A&O 108
43
42dSt. Mauh.Jt St.N.Ave. 40
116
Ist mort., 6i). 1910..MAS 112
l&S 67
62
2d M„ ittcome.Os
8ortp6B
lIsiKllth
Av.— Stock
Honst.\V.St.&l'.F'y-.SM(. 3;>0
latmort., 7s,1894..JJtJil05
'105
Ninth Ave
I120
Second Ave.— Stock
1st mort, 6s, lOlO.MiN 105
230
Sixth Ave.— Stock
Istmort, 78, lii90..JAJ 108
280
Third Ave.— Stock.
J*J 109
IstM, S.'), 1937
Twenty-lhlrd St— Stock.. 230
no"'
110
126
107
106
970
lie
105
Ist inert. 78. 1H!I3
iia
'fimihiixQ mi(L Iflttattclal.
Scalioard ....llSS's
1
Second
1325
140
IBhoeALeath. 160
ISeveuih
167
Nicholas. 120
118
State of N.Y. 116
108
MS
Third
Tradesmen's. 105
Unit'd States 200
1081, 109
Western
West Side... 180
Sp(encer
1
1
Trask
BANKBB8,
list.
Noa. 16 and 18 Broad Street,
ALBANT, N. T.: SARATOGA, N. Y:
&
Co.,
New York
Cltr>
PROVIDKNCK.
R. L:
TR.\NSACT A «E\KKAE. BAJIKING BUSINBSS.
Spe^
All classes of Seoarltics Bought and Soldjjn Commtosion
"'
wire u> eaoli oflee
Dlreot
attentniii given to Investment Securities.
sad to PhiladelplUs, Boston and Chicago.
.
,
|
I
CitlBens' Gas- Light
Bonds. 5s
....
Sonsohdated Gas
ersey City & Hoboken..
Hetropulitan— Bonds
Mntofi (N. Y.)
Bonds, 6s
,
123
93
103
99
125
102
Hassan (Brooklyn)
Scrip
Meclmnirs'
11,120,0
H44,l>
l.HdS.ll
,
Y and Broo klyn Gas Secnrlties—Brokers' Quotations.
Bid. Ask
GAS COMPANIES. |Bld. |Ask.
OA8 COMPANIES.
K.
Meri'hantH' Exchange
OallHtln National
Bnlrher»',t Drot^ers'
Brooklyn City— Siocit
—
Im. <STrad'8'|d«0
i200
6000 Irving.
516
Leather Mfs'
SCO
Citizens'
1721, 180
Lincoln
200
Columbia.... .'30
Madison Sq.. 100 105
Commerce.;. -'06 210
Manliattan...
1193
Continental 141 145
Markets Pnl 2.10
Com Kxch... 246 26T Meclianios'.. 215
Depo-Hit
110
M'chs'Jt Trs'.
.1300
Bast Klver.. 165
Mercantile... 215
....
11th Ward... 160
Merchaiite'.'. 1J7
165
Filth Ave.... 1200
Merch'ts Kx. 127
130
PlftU
Metropolitan
200
8
First
Uetropolls... 360
2000
First N., 8. I. loa
117
Mt. Morris .. 390
Murray Hill. 250
14tb Street 170
1170
Poarth
174
iNassau
46<)C
City
5s, ex-
BANKS, raid
New York...
1300
1400
Genuaoia
i300
1350
Chemical
lOS^Aint.
Bid.
I
German Am. 120
Gorman Ex. 300
70
312
300
Batchs'AUr. 189
1
4J
$1,000 Krie BR. 2d
tended reg., 1919
IO514
BANKS.
228
Exch...i
J.
Latest prices of bank stocks this week.
I
Central
86,0
IrTlng
$1,467,906
37,538
22,612
347,794
Mc-vicii
Bowery
760,0
800,0
600,0
1,000,0
300,0
200,0
200,0
600.0
300,0
Peoples'
$15,009.$12,130,622
287,175
Wi>-t Indlea
Am.
Tradesmen's
Chemical
North America.
*100
,
2,3;ll.3
Cltlse.s'..
Ttincc
Geriimny
mericft..
1,0(H),0
4.G0S.3C3
MnetJftn.l.
1,419.4
Pbeidi
Aiiivrica.
4,7,'.3,r).'i5
Wttk.
SineeJan.l.
1,6,19,1
City
Uer.^bAiiU'
Merlianlcs'
Hanover
Week.
f,ooo,oi
3.050,0
3,000,0
2,000.0
3,000.0
1,000,0
17.507,
Siher.
V. S.
•
of New York
M aiiliattan Co.
Bank
93,51.'5
Imporlt.
h'xporU.
Biatli
OapUaL 9ur*(w.
lOOf amitlad.)
—
Import*.
ErportM.
29fi
Uaxkb.
Til
222,431,31.'), 214,'<f ^.lli4
table
EXPORTS
1
New TorkCItT Bask SUtement for the week eodinx Aug.
809, U M followa.
We omit tioo eiphtri (00) in atloattt
Total an week*. 207,fl77,338 $194,.^(»0,71»!$23O,3O7,64B|<22O,43H.149
The following
B
;
80,
1800
1880.
•S,.'>lH,fl,'5l|
$«.72.'i.<».'>l
2<H),U»2,282
•
1
IHB CHROMCLK
ie<90.|
6,
For the wei>k...
Prov.
'
'
1U3
People's (Brooklyn!
iWilllaHisburg
'
I
97
131
"
lOU
Metropolitan Bvooklyn).. 110
Mnulcipiil— Bonds, 7s
140
Fulton Manicipal
luO
Bonds, 6s
125
Equitable
108
Bonds, 6(
100
•
(
112
I4S
ins
130
iia
SPECIAL NOTICES.
BARDIIV
EyCOCNTV BON»S-«I54,000 6 FEB CBST
bonds, running from to i
1
Coonty. Ohio road Improvement and ditch
$2S3.60C^ popnla
years: assessed valuation, $11,374,380: total debt,
banks. Otered bf
tion 35,000; legal Investment for Maine savings
MOBTOAOK COMPAST, 208 BTO»d#»7. Hew York. Bee
theBQDtfiBLa
ewd on first ptige
of
CBBO^acLa
H
.
,
TEIE CHROJNICLK
296
glxje
tK Per CenU Out 18»1.
gawkers^ ^Kzztit.
August
Per
When
Book! Cloted.
Cent.
Payable.
(Days tnctu»ive
8..
681,600
896,250
403,800
1,384,1S0
891,350
..
6.802,250
1..
2..
8..
)
Railroad*.
3
3^
2
I
6 Aug. 31 to Sept. 7
1 Sept. 14 to Oct. 1
15 Aug. 30 to
Sept.
Oct.
Sept.
Sept.
1
15 Aug. 30 to
Total..
The closing
681,600
89«,250
493.800
progress of purchases under the second circular for §20,000,000
furnish the key to the situation so far as money is concerned.
It apnears to be a virtual declaration on the part of Secretary
Windom tliat he will not permit Treasury operations to cause
any stringency in money if he can possibly avoid it.
The stock market has presented one of the not unusual
phases incidental to a summer period, in which the selling
down of a few stocks can depress the whole market in the
absence of any large outside support. It does not appear that
the talk against some of the Western stocks has embraced
anything essentially new, or anything that was not quite as
well known several weeks ago. The decrease in the corn crop
of 1890 and the fact that many of the extreme western
extensions on a number of railroads have to be carried for
some time by the earnings of their older lines are certainly not matters of surprise which have first dawned
on the market this week. When we look back for a month,
we find that several good points have been accumulating in
favor of the stock situation first came the notable improvement in London then the threatening cloud caused by the
TIew York Central strike drifted away latterly our money
market has relaxed to normal figures, and, finally, while the
"Western crops are not nearly as heavy as last year, the Southern cotton crop is near a maximum, and the prices of cereals
are so much higher that the Western farmer is generally
better satisfied than he was in 1889. On the other hand, there
is a cautious feeling about stocks
many persons think that
railroad earnings have gone about as high as they are likely to
go for the present operating expenses have increased; and
upon the whole there is not much disposition to look for any
boom in the market.
The open market rates for call loans during the week on
stock and bond collaterals have ranged from 3 to 13 per cent,
with 6 per cent as a fair average.
Prime commercial paper
S,802.85Q
—
;
;
;
;
18
quoted at 6^6i^
p. c.
The Bank of England weekly statement on Thursday showed
an increase in specie of £22,000. and the percentage of reserve
to liabiUties was 44-90, against 45-17 last week; the discount rate
remains unchanged at 4 per cent. The Bank of France lost
9,325,000 francs in gold and gained 2,775,000 francs in silver.
The New York Clearing House banks in their statement of
Aug. 23 showed an increase in the reserve of $1,976,300, there
being a
deficit below the required reserve of only $536,675,
against a deficit the previous week of |2, 512, 975.
1890.
\Difftren'sfroin
1889.
August 30.
1888.
Prev. wiek.
Aug. 31.
Sept. 1.
$
Capital
60,812, 700
....
60,762,700 60,762,700
59,987, 100|
....
54.630.100' 49,666,600
Loans and disc'ts 392,546, 400 Dcc.E, 125,900 406,241.900 391,733,.500
Circulation
3.652 300;Dec.
400
3,923.500!
7,773,000
Met deposita
385,149 .500DCC.4, 403.600 419,399.300 412,132,,S00
Surplus
8p»cle
69.595 600 line
974,500 69.578,800 82,804,100
99,100 40,061, 800| 36,995,600
95.750, ,700|lnc. 875,400 109,640,600 119,799,700
96,287 ,375|Dec.l, 100,900 104,849,8-25 H>3,033,075
IJegal tenders
.
26,155,,100[Dec.
Eeserve held
Legal reserve
Snrplus reserve .'Def.536,6T5,Inc .1.976,309
4,790,7751 16,766,625
Foreign Exchange.— The sterling exchange market has
ruled firm but mactive, there being a scarcity of bills. Posted
rates close at 4 88 and 4 86i^, against 4 82i.<(34 83 and 4 86®
4 861,^ respectively last week. Actual rates are Bankers'
60 days' sterUng. 4 82K@4 82}^; demand, 4 8n^@4: 86; cables,
:
486i^@4
86^^
.
Posted rates of leading bankers are as
Sfptember
5.
follows':
Sixty Days.
Demand.
Prime bankers' sterling bills on London..
4 83
4SG12
Prime commercial
4 8li4*4 81'2
"
Documentary commercial
4 81 »4 8II4
Paris (francs)
5 23ifa5 2212 5 20 ®5 igsg
.".
Amsterdam (guilders)
39i6,,»40
4018 a- 401,8
Frankfort
or
Bremen (relchmarksi."
'.
_94V394=8
95188/9514
United States Bonds.-On Saturday, August 30, the
Secretary of the Treasury accepted the final lot of
bonds under his
August al, the total offerings having exceeded bv
S^pyi^.i°^
$214,350 the 120,000,000 which he agreed to purcha%
same day he issued a second circular, proposing to redeemThe
at
with interest to August 31, 1891, another
§20,000.000 of
^,
the
m
per cents. Under this latter circular the
purchases
^^^^*'"''' ^'*'^'''150> the price being equivalenrto 104^^
In view of the above facts governments have
been firm
_«^otation8 are unchanged from last week, except
forthe lee>st"ed 4s, which are now ex-October interest
<^ly .purchases are shown in the following
statement
•H^f furnished us by the Treasury
*"''"®''*
iindly
Department.
1891.
48,1907
..
...
Aug.
30
Board have been as follows
Sept.
Sept.
Sept.
1.
2.
3.
reg. Q.-Mch. •103 <al
.coup. Q.-Mch. *104i2|
...reg.'Q.-Jan. 124=8
..coup.!Q.-Jan. 125381
6s, cur'cy,'95 ...reg.' J.
6s, our'cy,'96 ...reg. J.
I
6s, cur'c.v,'97 ...reg.' J.
6s, cur'cy,'98 ...reg. 'J.
6s, cur'cy,'93 ...reg.! J.
* Tills is
104K-105»(i
prices at the N. Y.
Periods
412S, 1891.
4s, 1907
104 "4
104M
10i«
691,350
Interest
4ii!3,
1907.
Prices pa\A
104«
1,884,150
STREET. FRIDAY, SEPTEMBER
5. 1890-5 P.M.
WAL.I.
The Moner Market and Financial Situation.—The redemption of ?20,000,000 4}^ per cents under the first circular and the
OenU diu
Offerings. Purch'es.
»2,255,l(X) |3,2SS,1C0
30.
Sept.
4..
Atlanta & Charlotte
Toledo ii Ohio Cent. pref. (quar.)
West Jersey
West Jersey & Atlantic
4 Per
Oferinii$. Purck'M. Prica roW.
DIVISBNDSi
Ifameaf Company.
[Vol. LI.
&
&
&
*
&
104
104
104
104
Se^t.
Sept.
5.
•104
•104
104
104
,.•,-, *124i« •1241s
'I2414
*125i4'*125i2 •12512
•11314*114
J. •11312!
J. *116
J. nisia!
J. *l2lia;
J. ^124
:
1241^
125i»
•114
114
•115-«4 *116ia *116i«
II6I3
•11814 ^119 •119 •119
•12114*12113 12112 122
•12334 *124i2 I2412 *124ia
I
the price bid at the morning board
;
no
sale
was made.
—
State and Railroad Bonds. Some issues of State bonds
are a little higher than at our last writing. North Carolina
bonds especially showing improvement. The sales at the
Board comprise Alabama class A, $1,000 at 103J^ Louisiana
consol. 4s, §600 small at 87
North Carolina consol. 4s, $4,50o
Tennessee Settlement 3s,
at 100, and 6s of 1919, §6,000 at 128
:
;
;
;
?5,000 small at 72.
Dealings in railroad bonds have been on a small scale.
Prices, though a little irregular, are for most issues well maintained. Atchison incomes, ex-interest (i. e.. ex 2iy^ per cent),
close at 63^3, against 66}-^ last week, and Reading 4s at SIJ^,.
against 82. Rock Island bonds have been weak, the 5s selling to-day at 101}.<, as compared with 102i^ the previous Fi-i-
Colorado Midland 4s advanced from 69 to 70J4^, closing
at 70. San Antonio
Aransas Pass 1st 6s of 1926 sold to-day
at 72J^, or 4}g points higher than last week's closing.
day.
&
—
Railroad and Miscellaneous Stocks. While circumstances
seemed to favor more activity and higher prices in the stock
market, the looked for improvement has not occiu-red. Easy
money and Increased bank reserves, together with a more
liljeral buying of American securities for London, and the
manifest intention of Secretary Windom to keep money from
accumulating in the Treasury, were all influences favoring a
higher stock market; but these have been over-balanced by attacks made on a few leading stocks with the result of affecting
more or less the whole list. On Tuesday there was more
strength and animation on good London buying, but afterward the market sagged off and to-day prices are generally
lower than at the close last week.
To a large extent this is doubtless attributable to the manipulation of operators for a fall, who, in the absence of
many members of the Exchange, have been trying to unsettle
values.
On Wednesday Rock Island was conspicuous for
weakness, over 31,000 shares selling at prices ranging from.
825^ to 84ig. On Thursday it continued active and touched
63 Burliiigton & Quincy also shared the weakness and went
below par. Both stocks have been irregular to-day, Rock
Island closing at 833^ and Burlington & Quincy at 99. As regards Rock Island the general talk of the bears was on the
small earnings of the western extension, the decrease in
the corn crop this year and the falling off in gross earnings
for August though the comparison in the latter month is
with a heavy gain last year. C. B. & Q. is said to have been
sold down on the ground that it will suiter from the same
causes as Rock Island.
Illinois Central has declined to 107J^ on a circular issued
against the present management.
The rest of the list has been extremely irregular. Among
;
—
the coal stocks Reading closes at 42^^, ag'ainst 42 ^g la^t week;
Lackawanna at 1431^^, against 144J3, and Central of New Jersey at 1201^, against ISlfg. The Vanderbilt stocks are a,
fraction below the last price the previous week, and so are
Union Pacific, Missouri Pacific &c.
Sugar Trust certificates h-ave made another spurt, getting to
82 yesterday, a gain of 31^ points in the week. An advance
in the price of sugar and the report that the plan of reorganization is soon to be in shape, were given as reasons for the
rise.
The stock is lower to-day, closing at 80 "a. American
Cotton Oil receipts have recovered four points of the loss
noted a week ago, and to-day closed at 26%, having been as
high as 37 on Thursday. Encouraging rumors respecting the
placing of the new bonds aided in this improvement.
The sales of silver certificates at the Stock Exchange have
aggregated for the week 2,221,000 ounces, at prices ranging
iromlU^@ 119)4, the last sale being at IH-^g". On Thursday
alone the sales reached a total of 835,000 ounces, the price declining from 1181^ to 117?^ at the lowest. The stock of bullion reported on hand by the Stock Exchange to-day is 7,631,720 ounces; certificates outstanding, 7,626.
The Secretary of the Treasury has purchased this week under
the silver law 700,500 ounces of silver, at prices ranging from
Si -17 1-5 to $1-191^.
The purchases took place as follows: On
Monday 150,500 ounces (out of 1,215,500 offered), at 81-191^®
Sl-191^; on Wednesday. 300.OC0 ounces (out of 2,003..500 offered)
at $1-19}^(3 $1-194; to-day, 250,000 (out of 1.077,000 offered), at
*l-17 1-5;g$l-1737.
.
.
.
Septkmbeh
THE CHJIONICLK
18B0.J
6,
PRICES AT ^EW ^OBK
MOCK EXCUAHiiE—ACTIVE STOCKS for
297
week ending SEPT. i, and tince JAM. I,
IW.
Bales
of the
189a
HIOHBST AMD LOWEST PBtOBS
STOCKS.
Monday,
Batardny,
Aug. ao.
KR.
ArtlTr
ntnrk*.
Atohls.iii Top. ,* Santa
Atl;intlr& r.nitlc
Canailluii
42^
I'e
*0
•82 "4
•J4«4
I'ltcltlo
Canadii Hontucni
Ceiitril i>r Nt'W Jersey
Oantrnl rurltlc
Clie.HapcakH
Oo
Do
\n\
•i-i
22 "4
&0.— Vot.Tr.oert.
•59
•40
do Int prpf..
do Sdpi'ef. ..
Sept.
1.
7
83^
S4%
\2l\
122
•32
22«a
601a
83
22>4
GIVl
»t
128
pref.
Do
St.
Do
Paul
•1.5
•39
110
143
16
46
•89
pref
8Bie
16
•38
46
70% 71%
32
98
32
Lackawanna* West
Denver AKlo Grande
Do
pref.
144i>8
145
Delaware A HikNou
Delawavi"
Do
Do
21
•y>4
•76
Isi pref.
pref.
Do
Do
I
J2%
'20
'80
111%
i
pref.
Lake Erie & Western
I
'S
*2B
•17
*62i9
Bref
Z<ake Shore A Mich. Southern
liOne Island
Louisville .<: Xanhville
IjOuIs. New Alb. A CUicaeo
107%
Manhattan ElcviHed,
Mexican Central
108
. .
21=8
con.101..
9%
Do
BClnneapolis
Do
A
9
78
46
108
27
Mo. K. A Tex.
,
all
•1914
711a
Uissouri I'aciflo
Mobile A Ohio
•23
Do
prof.! •60
Kew Y'ork ANewEneland
New York New Hav. A Hart.
Kew York Ontario & West
Kew Y'ork Susquehan. A West.
Do
Korfolk
pref.
AWestem
Do
pref
Korthern Pacific
Do
pref
Ohio A Mississippi
',,
Ohio f?outheru
OreKon R y A NavlKatlon Co.
Orepon Sh. L. A Utah North..
.
Peoria Decatur & EvansviUe.
Flilla.A Read. Vot. Trust. Cert.
BlohmonaAW est P't Terminal
Do
pref.
Bio Grande Western
Do
pref.
I
4739
'255
•7
•31
•19
•63
33'8
82=8
27
BomeWatertown AOedensb'^
Louis Alton A T. H pref.
Br. L. Ark. A Tex., trust rcc.
BL Louis A Ban Francisco
Bt.
Do
Do
Bt.
Paul
Do
'21's
2II4
211a
201a
20%
61
59
60
60%
•8%
914
98
115
81
111
107% 110%
111
16% 16%
63I4
•621s
111
•8
91a
26
63 12
9
91s
**>4
28
*I(r8
•621a
l7^
•86
91
514
7
17
•86
91
•121a
71
7218
24I4
241a
106
104
107 14
78
124
81
9
27%
17
62% 62%
"1
71a
27 14
7078
241a
241a
'103
106
17
7II4
20
52
116
•16% 16%
16
•70I9
•38
7114
•70
•38
26%
261a
Istpref.
A
Dulnth,
100%
164
47%
4778
47
47%
46% 47%
5,540
19>s
7
•31
19%
19% 19%
19% 19%
1,910,
*7
•60
19%
7
19^8
71s
32
3378
82=8
21
64 ^
3418
83
26
26>4
20
•64
•60
65
7
-7
•31
•20
32
6il2
•6378
3314
6378
3314
21
•1913
90
43
99
43
100
•12
iio"
•1218
14
71s
39
26
65
•63
3278
59
7%
64
33
•25% 26
•19% 21
•99
19%
20
42%
20%
42 1«
2118
•78
'19
21
•49
51
115
'120
•Ho" 1301s
131s
121s 121s •12
80
'
pref.
A Pacltic
Tol. Ann Arbor A N. M..
Toledo A Ohio Central
Texas
Do.
„
tJnIon Paciitc
Pacific
Denver A Guli'
Wbeelinf?
Do
A
pref
Lake Erie
do
pref
Wisconsin Central Co
109
30
20
•65
•89
6138
109
2078
30>8
20
2018
381a
32
•65
6158
32
26% 26%
38I4
38=8
76
76
27
A
Cattle F.
Co
104
Gas (St. Louis)
Lend Trust
North American Co
Oregon luiproveuieut Co
Lacleilo
•I8I9
Natii.iial
Paeitlc Mail
Pipe Line Certificates V
46
46
47
•46
'.,',",
45
80
'
115
13
Pullman Palace Car Co
216
llftifl
Suear KetlneriesCo
32
62isl
16
36%
56
38 '8
76%;
33
S3I4
27i8l
34isl
53'8l
924 93
50% 514
981s
4514
102
191s
I
981s
451s
107
88
7519
*26is
384
76%
3778
383f.
75% 76%
•25% 27
27
80
97 %l
61%!
32
124
25%
38
38
7578
7578
25
25%
67
31% Jan.
!
Aug.
13
9
15
May 15
24
16
18
9
22
20
13
It
19
28
8
13
14
42=1. May 19
19
May
79%
1,600! 304J.-1U. 11
Feb. 24
1.630! 67
500. 24
10
14
24
Ill
36% Jan. 10
•46I4
•46
45
191a!
4714I
47
216
119
216
II9I4
81% 82%'
*44is
46
I
1
84
sale
mile
27%
26%
334
63%
92%
49%
27
I
I
I
4578
82% 84%
217
.„ „ 26%l
._ „ 9.525 23 Aug. 29 34% May 19
26%
3i\ 33%'
34% 33% 34% 143.0(H) 32% Aug. 27 42% An* 18
13.670 41%.Mar. 18, 65 May 15
52%
53%
5441
54
531s
•92% 934
93
4,200 68 Fob. 20, 03 Bept. 2
93
93
50%'
50
1,550 394 Jan. 2! 54% June 6
49%
49%
501s
•:»8
865 92 Jan. 2 1074 May 16
98
99
98
99% 98
2,750
364 Mar. 4i 48% May 24
45
43
45% 45
45%
45%
May 21
104 14 105
2581 «2% Fob. 1 110
104% 104% •104 107
13 Apr. 14 28% May 14
450
10%!
18%
19
19
18%
191s
15
May
22
22% 21% 22% 21% 2178 37,154: l«%Feb. 21 24%
46% 47%' 46% 47% 46% 46% 19,694 447gAa«. 37 *7>?fPt,5
13
May
64
•46
100! 43% Mar. 12
•40
45
47
45
47
4514
44
41% 4,6:io: 36% Feb. 271 47% July 18
45
44% 45
8|l(J6%Jaiv21
82% 84%' 82% 84
824 844 519 00) 79% Apr. 28r22J
Jolf 24
720 187 Feb.
216 218
217% 217% 216 218
^0«. 19
118% II9I4 117% 118% 116% 117% w,ttt.oao\ 97% Jan. 31 121
May 31
OS
Jan.
10
96,99ll
50
80Vt
81%
80
81% 80% 82
Jan.
89
Aug. 7
•44I9 46
5311 42
45% 43% 45% 43%
08 Mar. IS 119 Jan. 37
•95 100
83% 84
83% 83% 83% 83% 2,951 80% Aug. 22 87 May 1*
x Ex dlrlJend.
5 ?riaji frjn bjih EiJiiaioi.
261s
I
I'
21% 22%
Teune«ee Coal A Iron
....
Do
do
>)ref.
We»tem Dnion Telegraph
83% 83%1
•These are the prices bid and asked; no
•65
80
3
19
21
21
36%May
Jan. 11
Jan. 27
July 31 105% May
18 33% June
82%Jan. 18 09 July
770 108 Sept. 3 115 Jan.
2,60o 28% Aug. 21| 37% Apr.
3,490 18% Aug. 11; 24% .May
1,005 30% Jan. 4, 42% June
42% Feb. 1 68% June
80 684 Feb. 6 05 Au«.
13,154 574 Aug. ll 6878 Jan.
1,000 30% Aug. 21 38% May
300 11% Aug. 11 15 May
2,630 237gAug 11 31% May
107,
2
Jan.
24 May
48% May
21 28% May
18: 87% May
27 2473 May
3 53% May
50 70
I
108
97%
61% 61%
5
19
23
16
I
4514
II9I4
781s 80=8
•4419 46
•97
•65
•89
80
94
May
76 Jan.
100 15% Feb.
60 40 Mar.
104 Feb. 17 120 July
115 Jan. 7 1304 May
200 12 Aug. 11, 1478 May
21
51
81% 81%
32
Aug. 27
Sept. 2
June 3
Jan. 27
May 5
'
82% 83%|
Silver Bullion Certificates....
38%
61 '8
24%
191a
21%
2014
26% 26%l
105
2II9
109
94
381a
7618
501a 501s
9819 98>«
•45 Is 46I4
Kdi^on (jeueral Electric
83
•63
80
"89
94
94
61
61% 60%
•31% 33
32
32% •Slis 33
32
I2I4' •11% 12%
12
1178 1178 •11%
26
26% 25% 26
25%
261a 2iiia
80
95
raiscellaiieona Stocks.
Amer. Cot. Oil Trust reoelpte.
24i9i
24
Buckeye Pipe Line Ccrtira S.
33% 83%
ChleaKO Gas Co
52% 53%l
Citizens' Gas Co., of Brooklyn •9214 9a>l'
Dlstilliuic
19% Aug.
7,280
108 109
108% 108%!
30% 30% 30% 30% 30%;
19% 20% 19% 19% 19% 19%
38
38
37% 377e 37% 37%
108
3OI3 30%
30
109
•11% I214
•25.%
Colorado Coal A Iron
Consolidated Gas Co
•75
83
3l>a
794 May 10
Apr. 12 29% May
Mar. 31 69% May
Jan. 7 52% May
Jan. 10 270 June
I
38% 38%
pref.
Wabash..'.
Do
•78
311s
11|
Jan.
Jan.
Aug. 22
705, 41
20
400| 16% Jan. 17
42%' ll,2.;0 35% Jan. 13
1
•75
3
8
May 3
Jan. 3| 20 May 9
Apr. 23 20% July 16
1
101
42% 42%
421a
j
434
16
244%
l74Mar.ll 22% May 20
105
6% Mar. 23i 9 May 10
56 27 Feb. 27 34% May 12
100 19% Mar. 28 247„ May 6
1,000 59% Apr. 14 66% May 20
2,370 30 Jan. 13 39% June 10
May 19
6,218, 71% Mar. 19, S6
1,000 194 Apr. 11 27% Aug. 28
17
24
June
6
Apr.
13%
125 97% Apr. 11 108% Apr. 24
81% 82
26
21
100
23%
1,640
30% 30%
20%
20% •20
81% 82%
26
•20
•60
65
32
20
33% 33%
82% 82=8
26
21
Sept.
U
714
26I4
39
13|
7 24%
6 106
1.362 10378 Aug. 25 111
100 1578 Aug. 22 184
75
69 Aug.
36 Feb. 21 42%
700 13
283 102
2618
•60
39
804 June 10
May 13
32% Sept. 2
175 May 14
Au«. 25 101
Oo4 Aug.
12,747
105
26%
26I4
com
Paul Minn. A Manitoba
Southern PaciUcCo
9%
39
126"'
14
12
747
70% 71%
24%
1061a 10614
5%
230
•24
103
105
Ani;. 21i
I
5
38
26
*25is
21
*19ia
100
100
42%
421a 43
19ie I9I9 *19
20
19%
42=8 43 le
42% 43
42
2II4
21
2078
20-t, 2II4
-77
•78
•78
80
80
•20
•19
22
20
20
•50
•49
50
50
52
115
115
19%
90
108
•12% 16
•19% 20
71 14
241a
July 22|
AuK. 23| 53
Aug. 261 367g May 10
Auk. 7 l007»May 10
824 Feb. 24[ 92% May 5
360 33 June 2 54% Mar. 10
1.240 100 Jan. 14 117 May 16
2,200 177gFob. 18 31% June 4
260 92 Mar. 4 104% June 6
91 Aug. 19 104 Jan. 23
1,830 108 Apr. 8 117 Jan. 23
7II4
64
3378
82=8
72
104
15
3t
15,9171
•38
*31
•19
32
21
64
•16=8
•70I4
20
•87
108
5
26
6
4
26
Feb. 26
Sept.
28
21
21
21
27
10
31
12
12
425 16% Sept. 3 1978 May 15
406| 60 Aug. 22 68 Jan. 31
8,9s9.i03 Aug. 21 114% June 5
86 Mar. 51 05 July 25
17
91
110
7
17
20
May
May
98% Jan.
18% Feb.
82%
18% Jan.
*70ia
65
47% 43
255 265
47%
17
19% 19%
16% 16%
n
o
'IO8I3
•514
-121a
514
July 14
70% Hay 26
123% May 26
524 147 Jan. 2
21,865 xl31%Apr. 2 149% Jnly
,930
1
14% Apr. 1 217, Sept.
3,082 45 Mar. 26; 6!% Auit.
765
8% Apr. 14, 11%.May
67 Jan. 6| 81 May
904 204 Jan. 20| 27% May
350 96 Jan. 17,127 June
567 71 Feb 10 86 June
5 120 Jan.
1,908 i_.
Sept.
107%._..^.
10
6 Feb. 19 124 May
110 22% Mar. 4 33% May
•24
6312
3|
«!
05
Mar.
6,665
•22% 23
111
Feb.
66%
40
710 30
no
7,799 65
131 05
20% 20%
59% 59%
8% 8%
•76
70
22j|
69% 704
914
Jan. 24
10,140 1061, Au«. 21 117
10110 Fell. 5 148
16
47
•76
•76
78
78
22% 22%
221s 2J%
120 120'.4 '117 123
8OI4 80% •80
82
•8
913
•8%
OI4
6 135
79,2.'.0|
pref.
Bt.
Union
7OI4
•96
.
•12
69%
32%
26
711a
2414
*19ia 21
•99 101
•50
70^8
17%
106
107
265
43
21
80
16
•40
•30% 31
90
90
31=8
Mar.
300 112% Apr.
31
30% 31
311a
162 163
162 162 •161 165
144% 144% 143 14 I4414 143 14 143%
19% 20
65
•19
42=^
CO's
•77
•19
16
47
301s
•40
.May 15
10 120
42,950
83% 84%
83%
9%
131s
BOO
6% Feb. 28 15% June 16
00% 46,030 08% Sept. 4 111% May 10
45
600 26% Feb. 3| 46% July 15
30
25
•121a
24%
43
131s
99
45
15
15
•40
47
311s 311a
17 14
6318
•514
2OI4
7II9
43
40
135
143
83
108% 109 14 1081a 109 13
19% 19%
6914
40
132
•00
93
93
7078 71<%
7014 7II4
117
118
117 117
1091411014 109'4 1097g
8418
25
-86
91
JSrashr.Chattanooea4St.I>oulSi '103
105
Kew York Central A Hudson. 'IO8I4 107
Kew York Chic. A St. Louis... *16l4 16!>8
Do
Istpref. *70ifl 71
Do
39
2d pref. •38
Kew Y^ork Lake Erie * West'n| 26I4 26 14
54I4
Feb. 27l
8I4 Auk. IB
51%AuR. 2l| 61<«iJiiuclO
515 115% Feb. 4 128% May 14
ISO 30 Mar. 271 36% May 17
1,640 10% AUK. 21 27% Jan. 3
867 55 Auk. 22 66% May 7
408 37% Feb. 21 46% July 18
2,160
107% 108% 107=8 10818 lu7is 1077s 107% 108
•93
•93
'93
'93
94
94
94%
94
88% 89% 88I3 88"b 87% 88 4 874 8s
•43
46
45% 46
43
43
•421a 45
'107 lOS •107 108
107% 107 Is IO6I4 IO6I4
26>4 2634
25% 26 14 25% 25%
261a 26''8
94% 94% *95
95% 96
961a
pret. '1081a IO9I3
•512
7
pref. -121a 17
ass'nt paid
61
41
135
4%
900 71% Mar. 10
8'i%
120>8l2Oi6
32
32
22
22%
33
22>s 221a
601s 61
40'8 4(178
132 135
•1314 14
9«t% 10014
•44
441a
30% Jan. 15 50% May 10
33,120
125
6%
Bl«hMt
Lowest.
Shares.
4219
•1514
701s
78
23
125
82
111% 112
8
32
1,
Week,
54% 54%
54>s
120's 121
i)8
32%
120
•80
27I3
171a
631s
•43
82%
23
231s
94
•87
West.
Louis
St.
5514
1211s
3214 32>4
221s 221a
143
'75
124
82
112
9 14
•93
'261-3
<ji
•5%
82"g
71'8
1171s 1171s
109=8 110*4
60% 61%
Mlchii^an Central
ttilwaubee Lake Sh.
7
82%
54%
oa
144% 145 Is
21
60 13 60 >«
& Ga
2d
•5%
820«i
71%
3114
VO's
Bvansville ATerre Haute
Great N'ortheru, pref
niluolsCcniral
Iowa (cut ral
43% 43
131a
lolis
•4414 4514
143
317g
&. St. L...
pref.
East Tonueasee Va.
43%
a%
82 >s
131s
110%
70>a
Do
43
5%
821s
too
4:-.
ColunibUi;IIoch1ne Val. ATol.
Cleve. Cincln. Chic.
Friday,
Sept. 5.
•59
41
132
601a
135
831s
•15
31I4
•89
•30% 32
Om..
li
:i:i
22'Si
71^8 72»8
•1171a 118
M\
pref.
Mm.
122
1:1%
Rept. 4.
S4%
120
.Mis
10.; ij
Thursday,
Sept. 8.
«:i
OhlcaKo Rook Island .tPacltlo.
Chlcaco St. Louis <t Pittalmre.
CUicaeo
(lis
HI
13%
Wednesdky,
42=8
4314
lOlia
45
7138 71'8
117»a 118
109 >a 109>9
143 144
S5»8
Nortliwestcrn
Do
2.
40% 40%
42
135
Ohloaeo A Alton
•13\ 14
Clilc. A Atl. Biiicf. Tr. Rec...
Chlraff" liiii'iincinii Ar Qiilncy. 101»s 102
OhiP.Ttfo 4 EiuitiTn Illinois...
•441s 45
Chicago
Sept
427,
Ui»
•821s
541a
42^8
13.^
Ho
pref...
Chlcni;o .Uilwankee&Sl. Paul.
Do
prof.
Tuesday,
RaD(« Since Jan.
84%l
at th5 B)irl.
'
I
1
—
J
M
1
THE CHRONICLE.
298
PRICES AT
NEW YOEK STOCK EXCHANWE
Clos'ng,
BAILBO^D AMD
BflSCEL. BONDS.' 4'"^*' PrKe
Period, ggpt^ 5
& fac— \V.
Range since Jan.
1.
D.
6s.l910!
inc.,
1913IM
lis
54% Feb
16%b.
12
& J 78^8
& J 106
&
Oeutralof N. J.— Cons. 78..1899 Q—
19021m &
Consol.,78
General raortgaee. 5 g...l987'J &
Leh.&\V.B.,cou.78.,as'8d.l90O Q—
1912
do mortgage, 58
Am. Dock* Imp., 58.... 19211 J &
Central Pacillc— Gold 68... 1898, J &
Ches. & Ohio.— Mort. 6g..l911|A &
1939,
&
Istconsol. 5g
May
7014 May
24 14 May
82% May
83i« Mar.
8438
6338
88
Jan.
70ia Feb.
Aug. 110 Feb.
Mar. 100% July
8 97 b.
Aug. 122 Jan.
117 b.
N 125 a. I2412 Jan. 128 Feb.
110
110
Sept. 113% Apr.
J
112 lab. 113 Mar. 116 Jan.
I02;i)a. 102 • May 105
Apr.
110% June
Jl 10712b. 1071a Jan.
Mar.
112
116%
113>4b.
Jan.
J
1C5
97
117
M &N
M
O llGisa.
N 100 b.
llSisJan. 118
9912 Aug. 103%
69I2 Mar.
73%
82
82 July
J 79
67I2 Apr.
77
J 73
107
IO713
Aug.
113%
A
Jl 12314b. 123i2 8ept. 129
n1 10214a. 101 12 Aug. 105'''8
J & J 70
Feb.
Apr.
b.
b.
a.
b.
June
&
M &
F & A 92
M & Nl 92 a,
J & D 114 b,
1934 A & O 121 b.
Consol.Sg
General cousol. l8t, 53...1937 M &N 98 b.
Chic. Gas. L. & C— Ist, 5 g.l937
& J 91 a,
Chic. Mil. & St. P.— Cou. 73.1905 J & J 125
l8t, Southwest Dlv.— 6S..1909 J & J 11212b,
.1910 J & J 113iab.
l8t, So. Miu. Div.— 68
l8t, Ch.& Pac. VV.Div.— 5s. 1921 J & j; 106 isb,
Chic* Mo. Uiv. L)iv.— 58 1926 J & J 101 b.
Wis. & Minn. Dir.— 3 g ... 1 921 J & J 103 b.
1914 J & J 103
Terminal, 3g
Gen. M.. 4g.:Beries A....1989 J & J go^ga.
F 138 b.
Chio. & N. W.— Consol. 78. .1915
1902 3'&. D 124 b.
Coupon, gold. 78
1929 A A o; 11712b.
Sinking fund 63
einkingfundos
1929 A & O 107i2t).
8iukiugluiidd6ben.58...1933!M & N 110 b.
1909, M & Nj lOtJ b.
25-year debenture 03
1926, F Si A 95 b.
Exteusion4a
Chic. Peo. &St. Loui3-5g.l928[.M & 6 98
Chic.K.I.&Pac.— 68.eoup.l917iJ & Ji '128 b.
1934IJ & j' IOII3
Extension & col. OS
Chic.St. 1..& Pitt.— Con., 5 g. 1932 i & O *102 a.
Chic. St. P. M. Ji O. -63.... 1930 J & D llSiab.
Cleveland & Canton— 5 g..l917 J
J 94isa.
C. C. C. & I.— Cousol. 7 g...l914 J & D ISOiab.
General conaol. 6g
1934 J & J
Col. Coal & Iron— 6 g
1900 F & A 105 b.
Colorado Midl'd— Cou. 4g..l940 F & A 70
Col. H. Val. iiTol.— Cou. 5 g. 1931 .M & S 85%
General, 6g
1904 J & D 88 b.
DonTer & Bio Gr.— 1st, 7 g.l900 M & N lioiab.
821-2
l8toon»ol.,4 g
1936 J &
Det. B. City & Alpeuar— 6 g 1913 J & J 99 a.
Det. Mac. & M.— L'd grants. 191 A & O 3512b,
Dul. <k Iron Range— 53
1937 A & O 100 b,
Dul. 8o. Sh. & Atl.—5 g....l937
& J 97 12
E. Teun. V. &G.— Con., 5g.l930 M & N 10(i%b.
KnoxTille & Ohio— 6 g...l925 J
J 109 lib
Eliz. Lex. & Big San.— 6 g. .1902 M & 8 89iab
Ft. W. &Deuv. City— 6g...l921 J & D 104
Gal.H.itSan An.— W.Dlv.l8t,5 g. .M & N, 9412b,
Han. & St. .Tos.— Cons. 68 .. 1911 M & Sl 113 b,
lUluois Central— 4 g
1952 A & O, 100 b
Int. & Gt. No.— Ist, 6 g ....1919 M &N 115 a,
Coupon, 6 g., trust rec...l909 M & Si * 8312a,
Iowa Central— Ist, 5 g
1938 J & D •83 b
198' J & J 82 12a,
Kentucky Ceutral— 4 g
Kings Co. El.— Ist, 5 g
1925 J & J 100 isa,
Laclede Gas— let, 5g
8014
1919 Q-F
Lake Erie & West— 5 g....l937 J & J 110
Lake Shore.-Con.op.,lst,7s.l900 J & J 12112b,
Consol. coup.. 2d, 7s
1903
& D 12212b
Long Island— Ist, con., 5 g.l931 Q-J 113 b,
General mortgage, 4 g...l938 J & D 93i2b,
Loulsr. & Nashv.— Con., 7s. 1898 A & O 116 b.
N. O. & Mob.— 1st, 6g...l93t) J & J llOiab.
do
2d, 6 B
1930
& J 11212a,
E. H. &N.— 1st, 6g
1919 J & D 113 b.
General. 6 g
1930 J c& D 113 b.
Collateral trust, 5 g
1931 M & N 105 a.
Louis. N. A. & Ch.— Ist, 6s.l91(j J & J 115 a.
Consol., 6g
1916 A & O 104
Louis. St. L. & Texas— 6 g.
9
F & A lOOia
Metro. Elevated- Ist, 6 g..l9()K J & J 113
2d, 6s
1899 M & N 106
Mich. Cent.— 1st, con., 7s. .1902 M & N 124 h.
Con.«ol.,5s
1902 M & N 110 a.
Mil. Lake Sh. & W.— 1st, 6g.l9'21 .M & N 1 9 b.
June
K.&A.Dtv.,letcon.,2-4g.l989
l8tcon. g., 4..1989
do
1989
2d con., 3-4 g
1911
Ches. O. & So. W.— B g
Chic. Burl. & Q.— Con. 7. ..1903
1913
Debenture 58
1922
Denver Dividlon, 48
Nebraska Extension 43.. 1927
Chic. & E. 111.— 1st, 8. f ., 68. 1907
J
J
&
&
F &
J
.1
. .
.
'
«fe
.1
92
May
Apr.
July
9414 Apr.
91 Aug.
1161s June 118%
116 Apr. 121%
95 Feb. 100
98%
SSiflAug.
I2409 Jan. 129%
II214 Aug. 116%
112i2Aug.
105 12 Jan.
101 Aug.
103 Jan
103 Miir.
90 12 Aug.
141 May
123 Aug.
114 Apr.
July
Jan.
96
Sept.
June
Jan.
Jan.
May
May
June
118% Apr.
109i4Jiine
103% June
106
106
96%
144
129
117
106% Apr. 110%
June
June
Apr.
Jan.
May
Feb.
Feb.
112
109
Jan.
10412
May
Apr.
108% Feb.
96
Jan.
101% June
99% June
May
91% Jan.
128 July
101 la Sept.
100 Jan.
118 Aug.
91 May
13014 July
117i4Fcb.
103 Mar.
66 19 Aug.
73 Mar.
73 Mar.
.
— ACTIVE BONDS
R.ULBOAD AND
Bighest.
Lowest.
133
106% June
106% Aug.
123% May
97
135
Jan.
Feb.
125% May
108
Jan.
7OI4 Sept.
88% July
89% July
ll7i2May 119
Feb.
84% June
761a Jan.
[VOL. LI.
SEPT. 5, and
N.C.&8.L.— Co».— Con.5g.l928lA
N. \. Central— Extend., 53.1893 M
Ist, coupon., 73
1903 J
Deben. OS, coup., 1884... 1904|M
&
92
Sept. 112
134%
May
Ai)r.
]
96%
113
93
1
94 Aug.
104 14 Mar. 110% Apr.
106 Jan. 113 May
I1314 July 1117 June
1
59
71
78%
36
80
63
43%
36
78%
87%
86
D.,gu. 68,. 1907
85
Pac—2d W.
Atl. &
Bait. &
Ohio— l8t, 6s, Park B. 1919
&«, gold
1935
95
90
95
Apr.
9838
May
.
11334 Jan.
48 Jan.
96 Jan.
7% Jan.
103
113
JiUy
Apr.
100% Apr.
IO314 Juiy
96 Aug.
95% Aug.
9058 Jan.
37 % Apr.
103 May
107 Jan.
102 Jan.
76 Jan.
97%
12558 June
6OI4 June
100% .May
3
Sept.
108
June
J
115%
Sept.
10338 3Iar.
109
June
104% Jan.
103% Jan.
96% May
43% May
107% Jan.
Ill
June
IO8I4 July
8031 May
June 101 Jan.
118% Mar.
112% Mai-. 116% Feb.
110% May I1214 July
11458 Aug,
110
113
Jan. 1 l3%-.Mar.
Jan. 117% MajT.
II314 June 118 Mar.
111 Aug. II6I4 Jan.
92% Apr. 95 14 Jan.
86% Aug.
IO6I4 May
85 Mar.
88
110
Aug.
Aug.
88% Apr.
90 Apr.
I0514
Apr.
Aug.
Aug.
86% Jan.
86% June
100
76%
Aug. 57
Aug. 1065^
102 14
40
99 Mar. 103%
96^8 Jan. 104 14
51 Aug.
69
this week.
45
103
9314 Jan.
29 Jan.
May
June
June
.May
Jan.
Apr.
Jan.
Quotations.
SECURITIES.
Rap.A No.— (Contin'd)—
Minn. & St. L.— 1st, 7s, gu..l927
lowaC. & West.— 1st, 78.... 1909
Bid.
Ask.
Burl. Ced.
88
99%
110%I111%
87
90
8i^. Roch. & Pitts.— Gen!,' 58.1937
98I4 90
Roch. Si Pitt8.— 1 3t, 68
1921 117
do
Con8olidat'dl8t,6B.1922 117
iis
Surl Ced. Rap. &No.-l8t, 58.1906
97%
Cons, mort., gold, Ss
1988
B. &0. S. W.. 1st. g., 4%e...l990
Consol. & coUat. tru8t,58...1934i
* No i)rice Friday; these are the latest
quotations made this week
49 Jan.
S3 May
lis 14 June
•'•s
M
X915
Mar.
Aug.
Jan.
Aug. 333m May
Aug. 108 Jfiu.
106 May 109 14 Feb.
100 July 10334 June
102 Jan. 107 May
88 Jan.
95% July
112i4Feb. 1 1 5 June
111 Aug. 1 15 Apr.
Ill Sept. 1 14^ Apr.
10914 Feb. 115 June
117'8 Feb. 130 Mai.
113% Jan. 120 Jan.
100 Feb. 102% June
80% Jan. 92 June
88% June
70 July
69^8 Aug.
90 June
27
C—
2d, 3-58
80% Jan.
58% May
86% Mar.
.
NEW YORK STOCK EXCH ANGE-(Continned )—INACTIVE BONDS—Latest
(Stock Exchange Prices.)
87
Mai-.
M.ar.
10314b, 102
j
Alabama Mid.— Ist, g., Bs
1928
Atlantic A Danv.— 1st g., 68. .1917
34% June
Aug.
104% Jan. 10734 Apr.
110% J.an. 113 June
103% May 111 Jan.
,
B.&0.-Mou.Riv.,l3tgn.,g.,5s,1919
ieech Creek— Ist, gold, 4s. . . .1936
Bost. H. Tun. & W.— Deb. 58.1913
Brooklyn Elev.— Ist, g., 68. ..1924
Sept.
94 June
Aug. 103 Jan.
May
Sept. 83
69 "8 Mar.
78 May
10734 Apr. ll2i4Mar.
,
'
Railroad Bonds.
Jan.
75%
M & N:107%b
Ask.
May
98
I
Bid.
May
June
109 Anr.
Mar. 10C% Mar.
Mar.
74 May
Aug. 85 Juua
115% Jan.
&N
SECUEITIES.
68
80
106
Jan.
6(i
M
Ask.
I
Feb. [113
101
100
I
i
Bid.
I
100% Aug. 104% Mar
10334 Jan'. 107% Apr.
107 July llOUMar.
.
SECURITIES.
Aug.
109
.
PRICES AT
Apr.
101% Jan.
1
. .
Sept.
106% June 111%.May
i
1897
'
91%
'
2d,7t,'
1
June
|119
11034 Apr. 116 Aug.
109 14 Jan. [113% May
1958 •Feb.
70 b.
50%li.
2dpret. iucome5 g
1938 Feb.
3d pref. income 5 g
1 938
4m^b.
Feb.
f ittsbuig ii. Western— 4 g. .191 J & J: 79''4a.
Rich, ii Dauv.— Cou.,
g...l915 J & j'116 b.
Cousol., 5 g
1936 .i & O'90 b.
Kich.& W.P.Xer.—Trust 6 g 1897 F & A' 98 a.
Cou. lst& col. trust, 5g.l914 M & 8 *76 a.
Kio G. Western— Ist, 4
I939|j & jl 74%b,
K. W. Sc Ogd.— Con., 5s.... 193
A & O'llO b,
St. Jos. & Gr. Island— 6 g..l935 M & Nll06%a,
St. L. Alt. & T. H.— 1st, 73.1891 J & JIIIO b
2d,prel.,7s
1894 F & Al*107 b
St.L.Ark.&Tex.— 1st, es.t'st.rec.
8S%
2d, 6s, 1936, tr. rec. aliass.pd.
37 b,
99
34
99
92
1
113% Jan.
;
A
113% Feb.
Mar. llOl May
Apr. 10138 June
Apr. 118 Feb.
Mar.
9914 June
I014 Sept.
96
.
F &
139% Jan,
June 110'4.Mar.
May ,122% Jan.
9838 Mar. 107 May
.
7s. .1893
Aug.
107
119
.
Mt.— 1st,
May
109
!
Iron
Apr
132
Jan.
I
&
May
104=8
97
.
St. L.
Highest.
111
112% July 117%June
131 July 134% Apr.
j
Istjuef. income, 5 g
1*90.
113% May
124% May 138 Apr
I
.
1,
since Jan. 1.
Lowest.
.
Cairo & Fultou— Ist, 7 g.l891 J & J*|I0O%b
Mar. 100 Jan.
CairoArk. ifeTexas—7g .1897 J & D1107 b
Aug. 39% May
JiUy 10258 Mar.
Gen. U'y & laudgr., 5 g..l93] A & 01 94%
.T
Jan. 101 May et. L. & San Fr.— 6g., CI. A.19()e 51 & NIUI b,
IO3I2 Jan. 108 Apr.
1906 .M & NilU b,
6g., Cla«sB
<Sc
108 13 Jan. 113 June
1906 .M
lU b.
6g., Class C
89% Sept. 104 Jan.
Geueral mort., 6 g
1931 J & jll09%b,
103 12 Feb. 110 May 8. P.M. & .M.— Dak.Ext.,6g.l910
& N'*119 a.
93 May
95 % Apr.
Istconsol., 6g
117 a.
1933
116 June 121 Feb.
Db
reduced to 4% g...
•lOl b
IOO14 Apr. 102 14 Mar.
Montana Extension 4 g..l937
89
IO914 Jan. 116% May San A. & Aran. P.— 1st, 6 g. 1916
75
73 14 Jan.
89 May
lst,6g
74=8
1926
85 Jan.
91 May Shen.Val.— l8t,7g.,Tr. reo.1909
125%a.
82 July 85% June
General 6g., Trust rec... 1931
D6%b.
100 Aug. 105 Jan. 80. Car.— 1st, g.,ex coup. 1920
103%b.
79 Sept. 89 May
Income, 6s
13 b.
1931
109 Apr. 112% June So. Pac, Ariz.— 6 g
1909-10 J & Jll05%b.
12214 July 138 May So. PaciUc, Cal.— 6 g.
1905-12 A & Oill5%
.1
122% July 128 May
Ist, cousol. gold, 5 g
1938 A & O 100 b
112 Aug. 118 July 80. Paclllc, N. M.— 6 g
1911 J & J 103
94 J une 99 Jan. Teun. C. 1. & Ry.—Ten. D., 1st, 6g A & O 98 a.
115 Jan. 119% Mar.
Blrm.Div.. 6g
1917 J & J 99 a.
II514 Jan. 121% June Tex. &Pac.— l3t, 5g
2000 J & D 91%
.T
106 Jan. 110% Feb.
2d, income, 5 g
2000 March. 39%
113 Jan. 116% May Tol. A. A. & N. M.— 6 g
1924 M & N 104 %a.
113 Jan. 116% May Tol. A. A. &Gr. Tr.— 6g....l931 J & J 108 %b.
104 12 June 110 Feb iTol. & Ohio Cent.— 3 g
1935!j & J 107 a.
111 Aug. 119 Feb. Tol. Peo. <fc West.— 4 g
19I7IJ & J 7734b.
95% Apr. 103 Jan. Tol. St. L. & Kan.
6 g..l91(!|J & D 98%
1
97>4 Feb. 104 July Union Paoillc— 6 g
1899|j & J 115 b.
112 Jan. 117 May
Sinking fund, 83
1S93;.M & 8 *110 b.
105 '8 Feb. 110 Apr.
KansasPacitic— 1st, 6g..l895lF & A 109%b
1896lj & D lll%b.
125 Jlay 129 Apr.
lst,6g
108 July 111% Mar.
Denver Div.— 6 g
18991.M & N '114 b.
1
H9ia June 125 Apr.
Ist consol., 6 g
1919
<Sc N n4%b.
Exten. & Imp., 5 g
1929 F & a; 100 b. 101 Jan. I0514 Jan.
Oregon Short Line— 6 g.. 1922, P & A:ill%
JUlw. St. North.— M. L., 68. .1910 I &D', 11112a. 109% June 113% May
Or.S.L.,S;Ut'hN.— Con.5g.l919 A & O >J3
Ist, eon.. 6s
1913 J & D 112 a. 108% Feb. II314 May
U.P.Dcn.AsGulf con. 5g.l93plj & J) 87%
M.K.&T.— New 4 g., when issued J & D 7933
75% Mar. 83 June
Uidon Elevated— 6 g
1937'm & N 109%a.
New 2d 5s, when issued
J & D 49 b. 43% xVpr. 35'b May Virginia Mid.— Gen. m.,3s,
1936 M & N 86
Cousol., 6 g., trust rec
1920 J & D 84
72% Jan. 88% May
do
stamped guar.'.M & N 88
Consol., 3 g., trust rec
1920 J & D 71i2b. 61% Jan
76%
Juno Wabash— l8t,5 g
1939I.M
& N 101%
Mo. Pacific- 1st, con., 6 g. 1920 M&N' llOiss. 109 Mav 113 Apr.
2d mortgage, 5 g
1939. If & A 78 %b.
3d, 7e
1906 M & N llOija. 113 Seiit. 120 Apr.
Debeut. M.. series B
1939'j &
48
Pac. of Mo.— 1st, ext., 4 g. 1938 F & A *95 b. 95
Aug. 101% Jan. West Shore— Gttar.. 43
2361 J &
104
2d mort., 79
1891 J & J 95 b. 100 July
03 Mar.
99
Mobile li Ohio— New, 6 g.. 1927 .1 & D 116 b. 112% Aug. 117 Apr. West. N. Y. & Pa.— 1st, 5 g. 19371 J &
2d mort., 3g., 3sc
1927 A &
34%
General mortgage, 48
1938 M & s: 65%
3714 Jan.
67 July West. Un. Tel.— Col. tr., 53.1938 J &
*98%a.
Mutual Union Tel.- 6g
1911 M <fe N 10412b. 100 May 105 Sept. Wis. Cent. Co.— 1 st, 5
1937 J Sc
9914
g
Mash. Ch. & St. L.— Ist, 7s. 1913 J & J 128 b. 128 Julv 133 Jan.
Income, 5 g
1937
50 b.
Note— -b" Indicates prloo t>ul, and "a" price aj/ce.«; tue K iu,'e i3 unle up fro ji actual sales
ouly. * Latest price
.
Range
O,*108 b. 10634 Jan.
N 102%b. 10138 May
127 Aug.
J!127''8
110 Mar.
S
&
&
&
N. Y. & Harlem— 78, rcg...l900 M & N,125%b.
N. T.Chio. &St. L.— 4g....l937 A & O 9314b.
N. Y. Elevated— 73
1906 J & J II314
N. Y.Lack. & W.— 1st, 6s..l92llj & J':131%a.
Construction, 58
1923IF & A1108 b.
N.y. L.E. & W.— lst,con.7g.l920iM & S 134 a.
Long Dock, 7s
1893 J & D* 107%b.
Consol., 6 g
1935 A &0* I21%a.
2d consol., Og
1969 J & D'103%
N. Y. Ont. & W.— Ist, 6 g... 1914 M & SllOisa.
Consol. Ist, 5g
1939 J & Di*96%b.
N. Y.8us.&\V.— Istref.,5g.l937 J & J, 97 b.
Midland of N. J.— 6 g
1910 A & O 115 b.
Norf. & W.— 300-year, 3 g.l990 J & J 96I4
North. Pac— 1st, coup., 6 g.l921 J & j!116%
General, 2d, coup., 6 g. .1933 A & O 114i8b.
1937tJ & D,110%
General, 3d. coup. 6 g
Consol mort. 5, g
1989 J & D 93
NorthPac. & Mou.— 6 g-..ly38|M & S 107 b.
.NO. PaciUeTer. Co.—
g...l933lj & J 103%
Oliio & Miss.— Cousol., 73..1898iJ g. jt ll3%b.
[OliioSoutuem— 1st, 6g....l921 J & D,104
1921 M & N 67
General mort., 4 g
Cftuaha & St. Louis— 4 g. ... 193 J & J 71 b.
Oregon Imp. Co.— Ist, 6 g.. 1910 J & D103 b.
Ore.B. &Nav.Co.— Ist,6g.l909 J & J 110%b.
Consol., 5 g
1925 J & C^ 100%a.
Oregon i Tran.scon'l— 6 g 1922 M & N 106%b.
Peun. Co.— 4% e., coupon 1921 J & J 100%b.
Peo. Dec. & Evausv.- 6 g. 1920 J & J',101%b.
Evau3ville Div.— 6 g
1920 M & 8*, 101 14b.
2d mort., 3 g
1920 M & Ni 67 b.
'leuria & East, eonsol. 4s.. 1940 A & O 80%a.
Income, Is
1990 April. 26
I'hila. & Kead.— Gen., 4 g. 1958 J & J, 81%
1
JAN.
since
Clos'ng
MI8CEL. BONDS.^i'»'<r*«: Price
\Peru>d. Sept. 5
I
;
1
1937:J
Oaaranteed. 4 g
Can. South.— l8t guar., 58.1908 J
2d.
(ContinntA).
I
At.Top.&S.F.— lOO-yr. 4(t.l989 J & J
19891 Sept.
lOO-year income 5 g
Atl.
:
90
93
nio
Ced. Rap. I. F. & N., 1st, 68.1920
1st, 5s
1921
Jentral Ohio Reor.— Ist, 4%s.l930
O0I.& Cin.Mid
3ent.
—lst,cx.4%8.1939
RR:& Bank.—Col. g.5:<. 19371
Sav.S West.- 1 8t con.gtd.5.«. 1 9 i9
Jent. of N. J.— Couv. deb., 08.1908
89
"89'
*11 7
99
90%
.
Skptembbr
1
1
TEE CHRONICLK
6, 1890.1
PRICES AT
BECVRrriES.
A»k.
BUI.
8EC;DBITIK8.
Gk. Bo.
Gold Iwiiias.
Gold lionds,
Ban Jnwiuin
IxlH.tiH,
()«
(la
A Fla.—lit,
lsn5 109>9 110
IH'je 111 I....
1H07 111%
1»00 110
Ask,
Bid.
00
1027
K.a»
Grand Rap. A tnd.-(ien. 58..10-,i4
GreonU. W. .V8t. l'.-l»t 68..1911
F.trhaiigf I'rleet.t
(Slitrl!
2i)9
NEW YOBK STOCK EXCllxmE.—INACTIVE DONDH-fCotUiniudJ-Latett
Railroad Bond*,— ^Con<J
Oontnil I'lU-iHi— ()ol<l
—
1
SECURITIRS.
Bid.
Aflk,
OO'n Poo.AE.-In(LB.AW.-Ut.pr.7s.l0O0 114
OhlolniLAW.-l«tpri>f.5«..l»3K
88
Pooritt A Pek. Union— 1st, Us.lU21 no% •••••
32
2d mortg., 4 H*
1 921
67
105
Phlln. A Read, -ad pref. loiiverl
49
...n Pitta. Cleve. A Tot.— Ist, 0<. .1922
••*•••
'
2d
Inoonii'. 2d auba. paid
IIoiiwiloiili'— (;ons. Kolu '>s
QuotatUru.
1037
N. Haven A Derby, C<uis..5h..1019
Hoiis.ATex.i .— lal, m. 1. 7«.Tr.roo. 113>g
... litis. Junction— 1st Os
11^12 •iis"
102%
Wo»t Div. Tt.TruBt rcoelpt8.1801 U3>fl
Land Kraut. <in,
1932 •I'M
...i Pitta. Me. K. A V.-latO»
Mort. itolrt .5s
lat Waco A Nor.— 7h
lO'.to!
1901 106
... ,Pltt*. Palnsv. A K.— 1st, .5»...191«
07
Wost. I'aomi>— Bond*. 63. ...18901 Ill
2d m.Ss.M. I. Trust recelpU. 1913
... Htts. Y. A Aah.— Cunsol. 5s.. 1927'
Gen. niorl.ils.Trust rooolpta. 1025 '"io'
No. Kttllnray (Cal.)— l8t, 6(i. 11(071
... Pre.sc't A Ariz. Cent. 1st, 6s, g 1910
05
Dllnois Cent rul-l»t,i|;., 48... 1951
SO.year ."is
VXtH ioo'
108
'M Ineonie, 6a
1910
40
iHt, nohl. .'li.js
Cbea. A O.— Piir. M. fund, Ua.lSiW' 111
02 <i 93
Rich. A Danv.— I>ebenture0s 1927 •105 "s
1951
lie
«i<. KOld. sorios A
SurliiKf. Div,—Coup.. 08.. ..1808
1»08] 115
Equip. M. a. f.. g.. 5»
19«» • 82
88
MldiUe DIv.-RoK., 5s
Cho». O. A So. Wost. —2d, (is.lUllI
1921
Atl. A Char.— lat, pref., 7s.. 1897
106
CMcaco & Alton— l8t, 7a
C. 8t. L. A N, O.-Tcn. 1., 78.1897
18!»3
1900. 1051,
do.
Income, Oa
121
Ist, consol., 7s.
BlnUuK fund, 6i4
1(K«
1897
iRomo WaLAOg.— 1st M., 78. 1891 '103>«
ilTifll
Louta. & Mo. Klvcr— l8t, "a.l'JOO
2d, Os
)92.'> • 40
1907
St. Jo». *Or. Is.—2d Ine
45
2d, 7»
Gold, 3.1, coupon
1000 'waH 118
1951 110 120
Kan. C. A Oniabiv— 1st, .58. .1927
85
Ill's'
Moinp Div., lit (f. 48
8t. 1.. Jnoks. A Chic— l8t,7s. 1894
05
St. L. A. A T.U-2d m. Iiu-.7».l 894
lOSli
to?"*
Dub. AS. (.-2d Div., 78... 1894 '100
li>t,(riiar. (504), 7a
1894
Dividend bonds
1894|
93
Ced. Falls A- Minn.- ]8t,7s..l907i* 80
2d iiiort. pfW), 7a
1898
Bcllov. A80. III.— 1st, 8a...iano '114
Ind. D. ASpr.— Ut78, ex. cp.lOOOi'
2d,cimr. (188), 7.S
1898
100
BeUev. A Car.— Ist, Os. ...
Mlss.K. Brlds:o— 1st, a. f., ((9.1912 105
Hind. Deo. A West
M. 58
19471
Chl.St.L.APad.-lst.gd.g.'.
••••«
Ohlc. Burl. & Nor.— Dob. (i3
2dM.,lnc. fjs
30
189(i
19481
St. Louis 80.— 1 St, lili. IT
]|
-.••••
ids"
Olito. BiirlinK. & Q.— 5s, s. f..l901
Inter. A (it. Nor.—Coup. 68...19(HC
83
do
2d ln<
.'(i
lowft Ulv.-J^lnk. fluid, 58 £919*106 >4
Kan. C.Wyan.AN.W.—lBt,58. 1938'
Car. ABhawt.- Ist L79
••
•I,
8inkiu);fund,.t»
951s ,1>. 8h. A M. 80.— C. P.AA.— 78.1892
1919 ist. L. A I. M.— Ark. Br.
108 >•
Pliiiii, 4a
Kuir. A Er.-.-^ow bonds, 78.1898 118>4 119
90
1921
St. Lou AS.Fran.— Equip., 7a,l^u5 100
97 !«
Ohlc. & Indlaiin Coal— lat .^a.KCW
97
Det. M. A r. -1st, 73
General .5a
1906
99
1931
^
GUI. Mil. & St.P.— l.st,88,PJ>.1898 118
122^ Lake Shore Div. bonds, 78.1899 lig>4
1st, trust, gold, 5s
1987
91
^
2d, 7 ;)-103, P. D
Mahon'tr Coal RU.— Ist, 5a. 1934
1898 110>«
Kan. City AS.— 1st, fla, g... 1910!
98
l8t, 7a, *K., K. D
Utchf. ( .ar.A West.- lat 68. g. 1916
1902 122>a
98
Fi. 8. A V. B. Bg.— Ist, «a...l9H»l
Ist, Lii Crosse DivldoD, 78.1893
llSHi Ikuic IslamI— 1st, 7a
1898 118 121
8t. Paul A Duluth— lst,5s....l93l' 104
107
1st, I. A M., 7s
N. Y. A K'way B.- Ist.g. 58.192
2d mortgage 58
7.
1897
19171
l8t, I. & I)., 78
2d niorti.'., ino
1899
;8t. Paul Minn A M.— Ist, 7s.. 19091
1927 "si"
Ist, C. AM., 78
125
Brooklyn A .Mont,— Isf, 63.. 191)
2d mort., 68
1903
1909
••••
l8t, I. A I). Extenalon, 78. ..1908 122
1st, 5s
125
MInneap. Union— 1st, 6s
1922
1911
lat, Ltt C. A Dav., 58
8mlthtownAPt.Jcff.— lst,78li)01 108
Mout. (Jen.— Ist, guar.. Us.. 1937 lis
1919 102 Hi
1st, H. A D., 78.
123
Louis.Eviuis.ASt.L.— Con.58.1939
East. Minn., 1st div. 1st 5a 1!K>8
86>s 90
l»t, H. A D..5S
lOOig San Fran. A N. P.— 1st, g., 3s.l919i
1021a Louis. A Nash. —Cecil. Br, 78.1907
ChiOiiiro A Pucino Div.. 68. .1910 114
Peiisacola Division, 63
IIOI2
Scioto
Valley A N. E.— 1st, ta, 1990
1920 107
80
Mlucnil Point Div. 5s
IO3I3
St. Louis Division, 1st, 08...1921
Shenandoah Valley— Inc., 63. iy'23|
1910
114
C. AL. Sup. Div., 58
103
2d,
3s
SodusBay ASo.— I8t,.5s,g...l924;
1921
1980 65
FarRO A Soutli., 68, .\«8U...1924
Nashv. A Decatur— 1st, 78.. 1900
1931' at
Ul7 South Carolina -2d, Os
Inc. pouv. sink, fund, 5s
100
S. f.,03.— 8. A N. Ala
So. P:w. Coast— 1st, guar., Is. 1937
05
1916
1910 105
Dakota A (Jt. South., .58. .1916
10-40, gold, 63
100 Is
19241*104
Texas Central— 1st, s. f., 7a...l!H»9 45
Chtc.AX.W.— K8c.AL.8.1»t,U8.1901 '11012
5C-.\eir 3s, R.
l8t niortg.age, 7s
'
19111
108 >s
1937
Dos M. A Minn.— iRt, 7s.
Pens. A At.- let, 6s, gold.. .1921 1*1 01
Texas A New Orlcan-s— lst,7s. 19051
126
106
1907
Iowa Midland— l8t, Ss
Nash. Flor. A 8. 1st gii. 5s.,1937 101
lomi Sabine Division, 1st, Os
1912 104
1900
Peuinsulii— 1st, conv., 78. ..1898
Loiusv. South.— Isf, g. 63 ....1917
Tex. A Pac, E. Div.— Ist, 6s.llM>5'
89
Chic. A Milwaukoe— lat, 7a. 1898
Third Avenue (S.Y).— 1st D.s, 1937 111 I13>«
118>s Lou. N. O. A Tex.— let, 4a.... 1934
Win. A 8t. P.-ad, 73
1917' 102 «« .......
2d mort., 5s
ToL A. A. A Cad.—63
1907 130
1934
Mil. A Matl.— lat, 6s
Memphis A Charl.—Os, gold.. 1924 105 107 Tol. A. A. A Mt. PI.—6s
1919'
1905 *H4ig
•••.•
Ott. C. F. A St. P.— l8t, 58.. 1909
1st con. Teuii lien. 7s
Union PacUtc
I1.15 120
Northern III.— Ist, 53
Mexican Natmual— l«t,g.,68.1927 90
lst,68
1896
93
1910
C.R.t.AP.— D.M.&F.D..lsUe.liK)5
1-97: 1123^
2d, income, 63, "A"
50
1st, Os
1917 43
Ist, 2123
2d, income, O.s, "B"
1st, 6s
1S98 llS'a!
-— „
15
13
1U05
1917
Extension, 43
1908i*107i4*
Michigan Central—6a
Collateral Tnist, 63
1905
1909 118 120
Keokuk A Dca M.— I8t,5s..l923
19071" 97
Collateral Trust, 03
Coupon, OS
1031 115
Ohlc. St. P. A Kan. City—5s. .1936
Mortgage 4s
Collateral Trust, 4is3
1918
1940
Minn. AN. W.-lst, p., 5s.. 1934
Jack. Lan. A Sag.— 68
C. Br. U. P.— F. c, 7e
1895 100
1891 100
Ohlc. St. P. A Minn.— 1st, 68.. .1918 1231s
Mil. L. 8. A W.— Jonv. deb., 58. 1907
Atch. Col. A Pac— 1st, 0s...l9O5
99 102
941s
St. Paul A S. C. -Ist, 68
Atch. J. Co. A W.— 1st, 68. 1905
Mich. Div., 1st, 6e
95
1919 I2414
1924 113 115
Ohio. A W. Ind.— 1st, a. {., Gs.l919
Ashland Division- let, 68 ..1925
U.P.Lin. ACul.— Ist.g...5.S. 1918
l'.iO
General mortgage, 6s
Incomes
Oreg.S.L.AU.N.,col.trst., 53.1919
1932
99 102
Cin Ham. A D.— Con. s. f., 78.1905 120
Mtnn.A St. L.— let, g. 78
UUh A North.— Ist, 7s
1908
1927 103
.)
2d, (?old, 4123
Towa Ex.-uslon, 1st, 78
Gold.Sa
1926
1937 90
1909 90
CIn. I. St. L.A Chic— l8t,g.,48. 1936
2dmortg., 7s
Utah
Southern-Gen.,
78
..19091
|11«>«
90
51
60
1891
Con801.,6»
19091*111
Southwest Ext.— lat, 7s
Exten., Ist, 7s
1920
1910 721s 84isll
Cln. Jack. A Mac— Ist, jr., 5s. 1936
,•
Pacific Ext.— Ist, 6s
Valley
R'y
Co.
of
Con.
6s.l921
104%
O.—
65
1921
90 100
O.C.C. A St. L., Cairo div.— 4s, 1939
Impr. A equipment, lis
Wabash— Deb. M., scries "A". 1939'-* 70
93
I922I
Cl.Col. tin. A Ind.— 1st, 7s,8.f.l899 118
Minn. A Pac— 1st niortg., .5s.l936i
No. Missouri— 1st, 78
120
1895, lll'^s'
Consol. sink, fund, 78 .
Minn.S.Ste.M. AAtl.— I8t.5s.l92«[
110
St.L.K.C.AN.— R.E.ABR.7B.1895
1914 1301s
Clcve. A Mah. V.— Gold, 53...1938 1081a
Missouri I'acitlc—Trust 5R...1917 113 114
1 10
St.Charles Br'ge— l8t,6s.. . 1908
Colorado Midland— lat, (?., 68.1936 106
Mobile A Ohio- Ist ext., 68... 1927 111
West. Va. C. A Pitta.— Ist, 68.1911'
ColuinblaA Green.— 1st, 6s. 1916 104 110
..1926*
St. L. A Caii-o-^, guar
VVheeLAL
E.—
1st.
gold.
!107
58,
193
79
2d, Cs
19'28 106'
Morgan's La. A T.— 1st, Ga.. .1920 108
(W.D.)— ls.g.,58
80
1926
Del. Lack. A W.— Convert. 7s,1892
1st, 73
I9i>i 129
Mortgage 78
Nash. Chat. A St. L.— 2d, 6s. .1901
Miscellaneona Bouda.
1907
1121s
Syra. lifnK. A N. Y.— Ist, 78.1906 1321s
New Orleans A Gulf—let, Os .1920 ....
<"o.— 1st 68.... 1907
'Am. Water
Morns A Essex— Ist, 78. ... 1914 •142is'146 N. O. A. No. E.-Pr. I., g., 6s.. 1915' ....
1907
Ist con., gold, 53
2'1,78.
IOII3IO2
N.
Y. Cent.— Deb. g. 4s
Boston Un. Gas— Tr. cer. 58..1939
1891
1905|
Sond8,7s
Cahaba Coal MIn.— 1st g. 7s. .1907: 1061s
1900 •117 12018 N. J. Junction- Guar. Ist, 4».1986 *102
78 of 1871
N. Y. N. H. A H.— l8t, rog. 43.1903 *105
Col. A Hock. Coal A L—Os.g.. 19171 100
::i9oi 125
Con.sol'n Coal— Convert. Os... 1897,
lio" N. Y. & Northern— Ist, g.. Ss 1927
1915
110
«. ,^?''^''"- '?""'"' 78
Del. A Bud. Canal- 1st, 78...1891 *i"oo'
2d, 4s
19-27,
00
62 Consumers Gas Co., Chicago— let
1st, extension, 7s
N. Y. Susq. A West.— 2d, 4183.1937
1930
guar. 38
1891
77
83
Coupon, 78
North'n Paeillc-Dlvid'd scrip ext
Edison Elec. III. Co.— lat, Ss.lijio • OS's 97
1894 iiais
106
Pa. Div., coup., 7s
James River Val.— Ist, 63.. .193(5!
1003
Equitable G. A F.— IstOs
1917 142 I4514
Albany A Susq.- Ist,^i.,7s.l906l 130 132
Spokane A Pal.— Ist, Os
llaokensaek Water— Ist, 53..19'2o; 105
1930' lOSij
1st, cons., puar., 6s
Ileuder.son Brlilge— 1st g. 08.1931 108
St. Paul A N. P.— Gen., Os.. 1923 '121
1906 120
Rens. A Sar.— 1st, coup., 7s. 192] 1461s
I'XH
SO
HeleuaA Ked.M'n— lst,g., 6s. 1 937 101
Irun Steamboat Co.—Os
C»l.
&
(
Br., ««
Ui-Kiiii— Si^r.
D.e8...1M9a,
IHOO
Kold
ll
I
I
M
•
1
. .
.
1
I
,
1
—
1
I
!
I
1
':
1
'
. .
. .
'
1
'
,
i
!
. .
;
I
,
.
W
1
1
DenvcrCityCable-lst,
Donv. A R. G.— Imp., g.,
08... 19(18
5s. 1928
*100
87
.
E. Tenn. Va. A Ga.— 1st, 73... 1900
Divisional 5s
] 9;{o
1st eit.. gold, 58
.;;i937
193S
S'U* •";?;..»?•. 58
N.Y.
I,.
,
Co.,
1
I
••< -1
•
102
•io-iii!.
Telegrrili
IMa A Coke
Chicago
< 1>
2il
)
li.
s. f.
i>>.i:MP4
08.189S,
Whltebreast Fue'.gcn. 8.f.,68.1908
g. (is.. .1910
90
Woodstock Iiou— 1st.
I'nlliili'd
1
'
'
"
'
WesU UiilouTel.—73... 1875-1900 114
!
Cllneb Val. l8t53
1937|* 95is
Ogd. A Lake Ch.— Istcon. 68.. 192ol
hioAMlas.—
Ohio
A Miss Cons., 8.F., 78.. 18981*1 It
2d consol. 7s
1911l*l23is
Springfield Div.— let 78
1905|
1932i
General 5s
Ohio River UR.— 1st, ,58
19361 100
General mort., gold, 5a
19371 91
1921
Ohio So.— Iseiime, g., 6s
lOregon A California— 1st., 58.1927
'Oregon Imi>'t— Cons., g. 5s. ..1939;' 03
Mfg.—
Philadelphia Co.— Ist
I
I
E.AW.-Col,""r.,(in.l9ii
People's
Cent. Washington— l8t,K.,6s.l93«|
Norfolk* We.<t.— General, 6s.l93ll 119 I'iO
New River, Ist, 68 ,
ili)i?2 llli*
90
Imp. A Ext., 68.
1934 1091.J
Adiustmcnt
M., 7s
120
1924i lO?^
£qulpuieiil,5a
II712
1908,
...1919 115
...1923 109
...19201 llOifiUlO
...1928 102 ifl
...1920
134
...1908
B.N. Y. AE.-Isf, 7iir ...1916
Funded
Xorthwesturu
.
"96"
.
.
Nation'l t<tarch
CcBurd'Aleue- l3t,0a, gold lOlol
110
Gen. 1st, g., 63
193^ *10538i
iie'
•
Mdliilfc JkBlrm.— 1st, K.,,5s.
1937
Alabama Central- 1st 68. .1918
E1I0— 1st, extended, 78..
1897 118
2d, extended, 5.s...
3d, extended. 4 ija
4th, extenilod, 5s
5th, extended, 48. .
1st, cons., fd. coup., ts!'
Rcorg., 1st lien. 6s. .„
DuluthAMauitoba— lst,g.0sl930i^'105ia
Dul.A.Maii Dak.Dlv.— Ist0.s.l937 105
101
126
115
100
Boudn.
Ala.AVick8.-Con8ot.5g.,I921.A40
2d M., income tlir94. 192 1..AAO
A .Merid..l8t 6»,1921.AAO
Atlanta A Charl.-lst 7s,UK)7.JAJ
Comstoek Tun.— Inc.48, 1919.MA.N
JAJ
Georgia Pac— let Os, 1922
92>s
70
90
Vicks.
l-'O
24
.5s.
AAO!
Consol. 5 g, 19'23
AAOl
Income, 5 g,19.!3
KanawhaAMich.— latluterimcert.,
111
78
.
20
Ill's
78^
•23
73 If
i
!
.
l-.'3
\
91 14
Siu
19691 90
63,
Little R.AMcm.- Ut 3g.l937.SIA8
I977I
75
Buff. A s. W.— Mortg. 6s....l908 *100
L.N.A.AC.(CAL),l8Uig.l9Il.FAA
118
JctTerson-Lst, gu. g. Ss . . 1 909
....'107
»a' Mom.ACharl.-Coii8.7g.,191.5.JAJ
T9>«
tosu-NJ
Eureka Springs R'y— lat.Os.g. 1933
Oreg.ByANav.—Col.tr. g.. 53.19191
100%! -Mo. k. A T.-.Vew 48. » hen
19
^siied
lion
»
Evau. & t. n._ist, cons., 08.1921,
certs
New '.id
Penn.RU.-P.C.A8.L.-l8t,c.,7s.l900l
119
3-J
Istlia. 19.IS.F.V.V
Mt. Vernon- 1st 6s
Lake—
Od
A
N.Y.
19'23'
W.
Ft.
A
let,
78..
i44'
Pitts.
.1912
115
10
tAA.
1908.
2dmort.,»>s,
Il<lian.— 1st, con8..1926:'i09
19121
2d, 78
f
u*?';
iVorPa.-.-P.dOr.Dlv.(J»,1919.MAS
Flint
A^
P. Marq.— Mort., Os. 19201 ......
3d, 7s
1912]
.•^*,*'
ii'
Istcon. gold, 5s
Mo. Div., OS. 1919
73"
1939
Clev. A P.— Cone., 8. fd., 78.1900
«»ud.
Fla. Cen. APon.-lstg. 58.. ..1918
1892'
liOSU StL.Ark.ATcx.-l«t4«.Wh<u
4tb,sink. fund, Oa
41
Issii ,1
W
hen
Income.
Har A San Ant.— let, Os. 1910 * 99
'.'d ta.
h
6t. L. V. A T. H.— Ist, 68., 7b. 18971 iYdsii
^^'*|
'o!;
g. 1013.J4J 104
.id mort., 7a
g, p. E. (Jr. Irunkiqoft" 97
l.S98i
•2d, 7s
99
90
««
I9U
c«»HK
Car,
Nor.
West. Div. 2d 68. : ..:::;:;: .1931
West.
1898
2d, guar.. 7s
coup.,
Income,
03
80
lO'J
'
.
C—
'•
l'J3
79 >«
.-Ml
.TT
19
I
. .
'
'.'.'.'.'.
I
,
•
No
price Friday; these are the latest quotatlous
made
this weel'.
I!
•fi"
42
lUi
9.S
THE CHRONICLR
300
PiilGE-i
NR»V
V.'
Auffutt 29.
INACTIVF. PTOCKP.
H Indkatos unlUted.
RHilroHrt htocks.
Alabama & Vic5iI>iir»rV
Albany A Hnpqiieb.^mia
Atlanta
&
sr >0g EX.CH V\:;S
V'lltK
Bid.
Anked.
I
37
x07
Cliarlotle Air LH.IOO,
Bollertllp * Poutti. ni. pref
Boston ik N. Y. Airl-inc prcf .100
101
105
100 37
Brooklyn EUv:iledT
Suflald Rochester & Fitts-.IOO,
S5%
00
1
35
14
12
2
100,
lool
Cedar FallBci Minnesota
Clevdaiul & Pittsburg
«
St.
'a'
&
MahoninK Coal
1
Preferred
Marq. IJougUton & Onton..l00l
Preferred
lOO'
Mexiean National
100
MUwaukip A' Nortliern
100
Uorris
&
Essex
Miss.Tal.'ilOOi
PJRICES
20
22
Apr.
!
I
May
30
I
May
115 July
15>4Apr.
9013 Mar.
4^^ July
8i4May
115
1
I514
10
95
82
en
5
60
50
149
"is"
17
1
17%
July
Jan.
Jan.
!
I
j
Mar.
Feb.
;
NotelT
Pennsylvania Coal
50i
Gas
.-~50
Postal Telegraph— Cabled
Quicksilver Mining
Preferred
Texas PaclHc
:
Land Trust
Saturday,
Tuesday,
JMondaj',
Aug. 30.
Sept.
FurgoExpresi
Wednesday,' Thursday,
Sept. 2.
1.
e.
Fe (Boston). \Oo\
Pac.
••
42»8
608
lOOi
Baltimore A Ohio (Batt.j.WO
"
1st i>referred
leO
"
2d preferred
100
Bell Telephone fBo»/o)U. 100
"
Boston A Albany
100
"
Boston A Lowell
100
"
Boston A Maine
100
Central of Mass.
"
100
•
Preferred
100
"
CBio.Bur.AQuin.
100
'•
Chic. A W. Mich.
100
Cin.Bun. ACleve.
••
50
Cleve. A Canton
'•
100
•'
Preferred
100
Conpolldated Gas (Ball.)
Eastern pref.
fJ?o.s-'on; 100
•'
Fltchburg pref.
100
n. APereMarq.
"
100
••
Preferred
100
Hunt. A Br. Top. fP/ii/a;. 50
"
Preferred
io
tehi'hCoalANav
"
50
"
liPhlgh Vallev
60
Maine Central rBoston;. 100
Mexican Central
'•
100
"
af.Y, AN. Eug.
100
"
Preferred....
lOO
northern Coutrnl (Bait.). 50
4a'8
6»8
106>4
4278
3.
4258
4338
I
125
U29
176
6%
O'^e
!
I
42
42
5.
42%
IO6I4
6
*6is....
e'fs
IO6I4*
*125
....
106
105
....
'130
•8I2...
'26
*50% 51
51
51
*51i4
•26
.
.
89
02
5138
•26
*51
si's
52»8
*26i3
47I3
118
8914
89I3
89
80
94
94
22 "s
47 14
68%
33% 33%
52'8
...
26
...
5II4
47''(
34%
82% 83%
1651a 165i«
53
5398
iW
21%
Ol'g
232
*9ia
221a
473a
•47"
51''e
51 Tg
.5178
62%
152
27
118
*68i4 69
34
(Phila.).
"
"
52%
*47ise
50 53i« 53 14
60 *36
SSI*
50
211s
Bumniit Branch fi?o»/o»»>. 80
••
Union Pacific
100 eiog BIOb
ITnftedCosof N.J.rPA«a.;100*232 233
WestcmN.Y.APai'PAiVa.^.lOO
-913 ..
Phlladel. A Erie.
Phila. A Reading
."il's
118
^Boston;. 100 ^165
Bennsylvauia..
*21T8
•47
51 »8
26 «8
47I3
94
22%
*47
•Si's
•162
26%
118
69
-68
8914
94
•2214
•47
iforthemPftdtlcrP/iiVa.^.lOO
"
Preferred
100
—
89
89
2612
*47ia
118
•68 14
33=8
82I3
5278
92
22%
47% 47%
51% 51%
52% 52%
52I3
5iS8
2513
4714
26%
2513
25%
47%:
47
47
3314
33%l
l.-JS
26%
4734
H8I2 •117i«118i3 lis 118
68% 68% 6M%' 68% 68%
3378
82I2
32 7g
81% 82
166 166
1651a
53 18 53I4
52%
3513
&II2
148
89
8II4
'
53«4l
167
52%
33i,j
81%
168
53
3513"
351b
2II4
21ije 21»,„| 21
5
71a"
61%
6lie 61181 60% 60%
2321a 232ia| 2321s 2321a 232 232
lOia
•9
9I3 IOI3
•
•O
21i«
7i»
621a
Aug.
May
5
35i..;i
5
611s
'
!
1
May
Mar.
May
Jan.
Jan.
July
36
90
lliaJune
,
Jan.
461a Sept.
Mar. 100 Apr.
3312 Jan.
52 June
290 June !300 Feb.
5S Jan.
66 Jan.
31 Way
35 June
6 Feb.
91a June
43i3June
351a Feb.
18 la Apr.
23% May
70 Apr. 90 Jan.
135 Jan. 150 June
I
I
I
\
!
m onth.)
Kange Since Jan.
1,
1890.
i^
|
lowest.
Highest.
30i4Jan. 15 50% May 21
438
479 Jan. 22
914 May 15
97i«Jan. 22 1071s May 23
"' July 8
1126 Mar. 20130
301112 Jan. 141118 Mar. 28
1, 6 19913 Jan.
21240 June 12
80 215 Jan. 18 23113 Aug. 14
27 168 Jan. 15 177 July 11
242 187 July 1 235 Apr. 8
77 1413 Jan. 9 23I3 July 21
115 29 Jan. S 45 May 21
9,342 98% Sept. 4 llliaMay 9
6 27 Feb. 19 461a May 2
1.867 3314 Mar. 13 321s May 21
6% Jan. 6 12 May 8
22 Apr. 22 2914 May 29
387 44 Mar. 19 57% Feb. 11
134 Jan. 3 150 Mar. 17
330 82i3Jan. 2 9514 May 21
24 Feb. 4' 39 " May
59 91 Feb. 10 104 Mav 2
15% Apr. 1 23% June 10
6 4213 Mar. 24 4913 May 16
220 5II4 Aug. 26 54 May 22
465' SlisMar. 14 64ie May 19
130 Fob. 10 156 June 16
3,470 17 Jan. 20 31 la June 5
710 43% Jan. 8 52% May 16
68 113 Jan. 3 121% July 17
6 65i4Apr. 28 71 Jan. 6
6,160 30 Mar. 6 39ia June 10
5,907 71% Mar. 19 86 May 19
12 lG2is Aug. 28 179 May 1
3,013 52% Sept. 4 56ia May 1
200 2678 Jan. 2 36% May 21
12,438 17% Jan. 8,24'iBMayl9
50
5
Sept. 3
8 May 7
3
785: 57% Aug. 11, G8% Jan.
48'x225i2Mar.21:233% Aug. 21
7% Mar. 25; 1214 May 27
24,728
!
8I4
51%
.
Old Colony
631
106
135
116
225
228
176
'
*26
May
May
May
I
43
21
72
143
Shares.
Sept.
j
4313 4313
101^8 102
Mar.
1
Week,
116
224I3 224% 225
225 225
224 225
x228 228
228 228
228 228
227
*
177
174 174
176 176
207 2071s 2061a 20713! 207 207
20613 2O6I3
20
*20% 21
21
•20% 21
21
21
'4218 43 %i •43
43
43
43
43
99I3
lOlia IO214 lOOis 101 14
98% 100% 99
42
4r
411a:
29!% 30
29»8 301a
29'8
2979 2979
2071*
Mar
May
,
713 Apr.
46 Ig
96
of the
42
*115i, J16
116
225
225
229
176
207
6H
IO6I4*
*126
43
421a
87
36
33
^
I
T A
Atlantic A
A-tch.
June
2714 Apr.
15 Jan.
la Apr. 1051a June
101
"28"
27i3Aug.
221a Jan.
68I2 May
71
5212 Aug.
26
23 June 25 Jan.
15
13 Jan.
16 Feb.
"12" 80 May 91 Jan.
Zd Saturday of each
Friday,
Sept. 4.
Sept.
4314
18
lOOt 70
...100 tUlTg
U.S. Express
Wells,
40
82H Aug.
28%
39"
'
32
75
II314 Jan. !120
30
100
AT BOSTON, PHILADELPHIA AND 'RkUlUlOVJ.V.—fFull list given
ly Slinre Prices — not Per ('cntum Prices,
Active Stocks.
"83%
260"
lOO;
17% Aug.
53% Aug.
"57"
I
Phila. Natural
6213 May
1561a June
18 Feb.
July
1150 Mar. 156 Jan.
421a July
421a July
1513
10 Jan.
1513 June
:83i«
281a
t2838
100|
I
33>4Aug.
75 May
6712 July
'.'.'.'.'.'.
June
155
43
Brunswick Company
Columbus A Hocking Coal
Commercial Cable
100 ;i02
Consol. Coal of Maryland. ..100, 25
Laclede Gas pref
100, 55
22
Lehigh AWilkes. CoalU
Maryland Coal
1001
12%
Minnesota Iron
lOOl :86i«
9
New Central Coal
100;
1 00
45
Ontario Silver Mining
Oregon Improvement., pref.lOO 93
Oregon Trans-con., tr'et rec
24>2Jan.
31 Aug.
65 Aug.
'
Aug.
July
!
100 150
50 41is
Am. Telesraph A Cable
IS^May
I
Feb.
Feb.
'
j
I
Feb.
7 May
ggijMar.
10 Sept.
June
6
;
!
13
American Cattle TrustTt
American Cotton Oil Co.ir..lOO! !22''8
PreferredlT
100 55
American Express
100 ;il5ia
lO'aMay
1
June
14
29
58
6514
87
May
May
2414 July
:
3 "a Jan.
3 Auk.
97>4 Mar.
10 Sept.
6
8
16
112"
Adams Pixpress
American Bank
Aug. 38>4May
9558 Mar. 10312 May
11 June 1 414 Mar.
9
50
Uewport News 4
27
15
Feb.
1890.
Highest.
{
i
1
•,10
3
g'a
I^eb.
!
9Hi
3>s
Texas1I..100'
50i
501
154
25
5
18
458 Mar.
7'a
331,
Preferred
100
7^
Ktnitstou & PemV)roke
50 13
Xouisville Evans. & St. L...100, ;23
Preferred
100 62
Iiouisville St. L.
\
95
lOOi
100:
I
(sales) in
Lowetl.
110 Apr. 115
12 Aug.
15
I5II4 Mar. 157
30
25>a Jan.
37
35 Apr. 41
Jan. 185
'42" 179
39 Aug. 4612
1 12 Jan.
4
4
1 Ql..
14% Jan. 201a
181a
20
17 Aug.
191a
38 Jan.
53 la
is"
. .
i
10
25
2
Illinois Central leased lines.lOO
Kanawha & Mii'hiiran.U
Keokuk A- Des Moines
:
actual sales.)
Mange
Asked.
Bid.
100
N. Y. Lack. 4 Western
100 li"
Peoria * Eastern
Pitts. Ft. Wayne & Chicago. 100 155
Pittsburg A western
50 }27
Preferred
50 36I3
Rensselaer A Saratoga
100
100
St. Louis Alton A T. H
100
3
South Carolina
1 lit^
leis
Toledo Peoria A WesternH 100
17
Toledo St. Louis A K. CityU
Virginia Midland
521a
100|
JvllMcpllaiieous StockN.
May
91% May
July
Apr.
Apr.
Feb.
Mar.
lliflMay
61 18 June
Feb.
Mar. 157 Jan.
35 May
Apr.
'
7
Paul. 100,
Central. ..100
Houston &Toxas
1
Jan.
52ifl
« n-
100
100
Preferred
June
4
50 155
Coluniliia & lireenvlUe pf.lOO:
Des Moiues iFort Dodge.. 100,
Prcfened
lOOi
20
Uulufli ,«. Phore A Atlan.1I..100
714
Preferred^
100
Flint & Pere Marquette
100
Georgia Pacific^
Green Bav Win. 4
101 13 .Ian. 107
37>i June 39
41
15 Jan.
76% Jan. 80
35
25 Jan.
May
it In.iicj,tzs
Augiiat 29.
INACTIVE Stocks.
Apr.
Apr.
stocks.
\ Indicates unlisted.
1
i Nor. .100'
Burl. Cedar liaimls
California I'aciflcH
890.
1
35
75
35
171
88
101
107
107
40
36
tn
Highett.
\
I
100
(C.)Tit,inn-;1)-r.V.igrjrg
(«a<es)
Lowal.
'
100' IBS
Preferreil
Ttan^e
'
[Vol. LI.
1
Inactive SiocKg.
PiiVmo/ Ai(yi(»r29,
Atlanta A^ Charlotte. (Bait.). 100
Camden A Atantic
Ask.
Bid.
pf. (Phila.)
97%i
Leading Bonds.
Ask.
Bid.
,,^"i^^^~^7^:^.\^
Leading Bonds.
''.. ""b^dl^rf-gs^"*-"-
Bid.
^^I^'/a^^^"^
i-ci7i4
II513 116
10913
A.sr^'
*"
Ask.
Series
HO
1926; JAJ
VoV- ®Pm"''l*^°''V'^'l''35.-*AO IOII3IO2
-«<'.>'ii'-ori9oi:::.-.v.-.'-.^''.jAj II7I2II8
Bfi"i^hto^:'rislliag!?9%'6^jmSS j??IOOI4 North Penn. gen. M. 7s, 1903. JAJ
12s
Belvidere Del., Ist 6s. 1U02, .lAD 117 119
';VAOif.ACl8rk..lnt.gu.,6g.l937.MAN 103 IO314
,119
Burl. A Mo. River Exempt 6b, J.V-J 6
...... Pennsylvania gen. 68, c. 1910, Var
Connecticut River...
129
"
loo
^««" 107
Consol. 6s,c
12OI4
1905. Var
S^l?si<-*H'-i">iBr.rPMf«.,.3ooJIS ^::;;;: ''»i?^^^±:««;i^'j^g 103 103\i
Consol. 58, r
lllia
Har.Ports.Mt.JoyAL.
1919,
Var
'- --^^ ;-o»i- „.?«'"'e^ P-: 6 g."...".".1916! JAD
1O8I4
(Boston)
\bb
87%
i'.'l?,"''„ 'l*"*'
Little
Calumet
A
Hecia
.
(Boston)
Central Ohio
(Bait.).
^o?
50 '53
I'St
"
A Augusta
100
Connecticut A Va.M..( Boston ).\fjO' ,??
118
ITiarl. Col.
^
•
i
.
Schuylkill
Manchester
A
(Phila.). 50'
Law..
loO
Mine Hill A 8. Haven (Phila.) 50
"
AesquehoningVal...
50,
Northern N. H
( Boston) .IWi
NorthPennsylvania.. (Phila.). 60
Bntland
(Bosion).100\
Preferred
Thomson-Houson
Preferred
••
Kl,.
""»
'
"'''-
••
jool
"
25
"
25t
60'
'
2d mort 6s
JR«''«"»'i" 6s
Chlc.AW.Micli. gen.
Z1^
5*"*,
1918.
58,
JAD
1
01 la 102
1896.JAD 101
1921,JAD
,10113
1st pref. income, 5 g, 195S, Feb 1
2d pref. income, 5 g, 1958, Feb. 1
8
69
roi4
50i»
31%
70%
51
119
104
70
-
100%
Piedm A-Cu£:; IstTS-gTripllVFA A i6i% 102^4
??9
113% Pitts.A Connells. Ist7s. 1898, JAJ 116% II714
,86% General mort. 4138, g 1924 o—F
lO.'J
Poughkeepsie
Br. 6 g. 1936,
79%
«li« Lehigh Valley, lite;,*. 1898
?AD i"l4ii
Srhuyl.R.fi.side.i.lst.?g.,1935, JAD 107
42
3d 7b
1911, MAS i'<2
Virginia Mid., Ist bB.'^.lOOO, MAS 117
119
Consol.e
1109
:.i923;jAD
... lii^
^d Series, 6s
1911 MAS II4I2II5
Mexican Central, 4 e.. .1911, JAJ 5
|...
7413
3d Series, 6b
1916, MAS 107 108
60
lBtc^on80l.incouie8,3g,non-cum.
40
4013
5
Leading Bonds.
4th Series, 3-4-5B
192 1 MAS
80
2d consol. incomes. 3s, non-cum! $ 2713
5th Series, 58
1 926. MAS 100
101
*HgghenyJValV7J22!^J896^ j^,
|n0 N. Y. A N .Eng.. istr7r'l905,7AJ |l25 125^8 West
Va. C. A P. lBt,6 g.,1911, JAJ 10913 110
""""' ^''^''^' '"*"' "^l-test quotations this weel^
i »S?l^^8ep?emCtClda}%\VeptEiXM
^ And accrued Interest.
WestEnd
"
"
Preferred
50 85
West Jersey
(Phila.). 50l
61
West Jersey A Atlan.
••
50,
WUm. Col. A Augusta (Balt.).\00
Wlsoonsln Central. rBo»ton>.100, 107
2o
Preferred
•<
iqq
?r^
^w'e.gSw*'"'-'
^a
2d DB.goju......
••}iif
6». gold
'.1S97',Jl.^,
1897, JAD
261a
I
.
I
,
I
1
.
September
6,
!
THK CHRONICLR
1890.J
Jnucsttnent
Latest Earningi Heporlat.
BOAIM.
XfetkorUo'
AND
flailroad
ItttjcIIigjcuce.
The Iir\'ESTORS' Scpplkment, a pamphlet of 150 pages,
contains extended tables of the Funded Debt of States and
Cities and of the Stocks and Bonds of Railroads and other
Companies. It is published on the last Saturday of every
other month viz.. January, March, May, July, September
and Nove7nber, and is furnished icithout extra charge to all
regular subscribers of the Chronicle. Extra copies are sold
—
to subscribers of the
Chronicle at BO
cents each,
and
to others
at $1 per copy.
The General Quotations of Stocks and Bonds, occupying
six pages of the Chronicle, are published on the third
Saturday
of each month.
RAILROAD EARNINGS.
LaUtt Earnings KeporUd,
BOADB.
Week or Mo
1890.
$
234.064
AllaclicnT Val. IJuly
.
AHDlstsn AAtl. May
AuiiUton & Clu. July
AMIlT. AS. Fe. 3<l wk Aur
Half owned ...|3d wk Aug
wk Auj;
L.&SanF.j3d wk Aug
HalfowiU'd..|3d wk Aug
Tot.S.I..\!i.F. 3d wk Aug
AKg. total ..3d wk Aug
Total system. :3il
fit
Atlanta & Char. June
Atlanta & Flor'a July..
Atlanta & W.Pt iJuIy..
5.458
12,57«
581,480
83.r)74
615,0')4
133.201
33,823
lhT),023
780,078
109.117
13,'270
31.794
A
1889.
Jan. 1
to L'llrst
1890.
Dale
1889.
S
211.978 1,434,163 1..304.345
7,184
41.00H
33.539i
8.930
87.9111
64,193
480,784 18.494,363 14.988.962
24,430 1.018,701'
927,243
511,223 19,538,372 1.-..910,207
127;992 3,822,071 3.421,944
23.871
151.862
663,086
102 554
806,332
709,770
6.270
63.700:
45.007
23,334
245,7081
226.0,50
36,130
2S1.571
195,314
Dauvillo- Julv.,
42.444
B..tO.Ea8t Lines! July.
1,509.407 1,493,622 10,402.783, 9,149,0.">2
~
Western Liue.s July..
470,258 441,048 3.059.72
50,1.55
Total
2,0>I9.725 1,934,670, 13.462.504'l 1 .899,207
July
BaI.&O..Soutliw. tthwkAug
70.015
65,409 l,193,7o0] l,349,46(i
All.
July
July
Balt.iV' Pi)ioiu:«'
Beech Creek
Buft.Rocli.Anii 3d
wk Aug
Bnr.C.Rap. &N. Ml wk Aug
142,955
81.008
49,150
70.804
NortUw. July
5,3 '6
July
4.700
July
122.004
Canadian PacUle ithVkAug 400.000
Cp. F'riY.-xd. Val July
42,.">81
Cen.KK.c^i Bv'.Co 2a wk Aug
202.525
Ceutralof N. J.. July
1,317,759
Burl.
Burl.
iVt
& Western
Canmcn iV All.
125.232
972,051
75.742
.574,296
40.734 1.313.303
69.560 1,832.552
5.297
32.556
5,204
32.623
107.078
4.30.342
455.000 9,844,200
27,243
291,127
177,770
1,312.597 7,379.779
1,320.023 6,881.196
5.654
59,831
68.829
13,402
10,997
109,696
912,655
433,900
1,2.39.808
1,676.055
32.568
30.252
381,873
9,122,022
217,553
C
.
'
.
i
I
I
'
.
I
Flor. Gnnt.A P. .*)d wk
Ga. Car'la A No Juno
Us. RU. A H. Co. June
Geo. Bo. A Kla.. July
ar. Rap. Alud.. :id wk
Aag
kug
C1n.R.*Kt.W. 3d wk Aug
Other lines. .. 3il wk Aug
Total all lines. 3d wk Aug
Grand Trunk. .. WkAug. 30
Chio AGr.Tr WkAug. 23
Det.Gr.H.AM WkAug. 23
Gr.B. W.ASt.P. Juno
Gulf
A C'liicago.
July
Housatouic
June
Elutuest'nAShen July
lU.Cen.dll.ASo.) July
Cedar F.AM in July
Dub. AKIo'xC Jnly
Iowa lines
July.,
Total all .... July
Ind.Dec.AWest. July
180O.
J'k'nv.T.AK.W'/ June
Kanawha A Mich 3d WkAug
Kan. C. CI. ASp :td wk Aug
K.C.F.8. AMeiu. 3d WkAug
K.C.Meui. A Bir. 3d wk Aug
Kentucky Cent July
Keokuk A West. 3d wk Aug
Kuigst'n A Pem IstwkAug
Knox. A Lincoln June
Knox.C.G. A L.. July
L. Erie All. A So July.
L. Erlo A West*. 3d wk Aug
Lehigh A Hud.. Augast
*
•
16.262
3.565
1.146
107.501
S3.437
07,223
27,481,
01,35t
M,747,
10,022
8,0581
4,608
4.129
76.674
61.834
425,525 425.283
69.403
72.M0:i'
23.700
25,303
27,201
23,181
2.734
2;886
130,518
97,7191
11,700
11,155
1,095.229 1,092,491
8,678
6,084
150,2.58
130,623
158.936 187.609
41.220
121.000
48,118
2,620
35,233
7.142
7,475
90,188
2;
,022
85,386
8,395
3,439
1
9.-^23
1 lo
1890.
10.3.50
1,2.54.165
tnteroe'nic (Mx) July
Iowa Central.. 1th wkAug
Iron Railway.. July
Jan.
1880.
Latest Date.
1889,
734.498
29.805
861.370
388.260
1.088,804
200.750
130,4-16
•
7O7.B0O
ie.2.11
702,551
149,247
l,44H,40t
3^1,02R
128.706
~ 12.^,«95
I .H59.<«4
13,032.713 12,727,:)07
2.390,111 2.216.433
638,210
083.3(1'
171,016
24.164
7I5.fM)7
W2.20l(
1.35.414
23.519
517,708
73.811
7,800,837
50,576
1,018,210
1.068,792
8.860,610
7,523,323
14.310
97,128
70,888^
4.550
64.704
29,027
11,002
475.728
36.930
50,8a«
014,147
964,073
i,2n ,. ,.(
8,488,200
30,213
246.310
207,884
7'-,253
912.403
570,657
38,014 1 ,030.069
020,467
3,067:
22,012
24.56S
29.530
311.927
210,030
5.810
199.924
165.040
5.450
247.142
162.957
90,245; 2.987,056 2,892,53«
20,02
727.091
591,917
91,139
571.022
544.307
8,070
213,951
20.3.70O
2,934
100.183
113,611
1
11,039
34.296
60.203
1.881.177; 1.717.842
35,717
229.778
180,081
L. Rock A Jlein. 3d wk Aug
10.791
321.731
350,096
Long Island
512.530
August
2,619,967, 2.35.1,002
Lonis.AMo.Rlv. une
24.973
36.9491
196.845
192,297
Louis.Ev.A St.L. 3d wk Aug
30.873
25,358!
755,8741
701.08O
Loulsv.ANaahv. 4thwk.\ug 555.290 .571,973 12.371,879 11.377.913
Louis.N.AACh. 3d wk Aug
50,272
55,061 1,571.596 1,470,260
Louis. N.AACor Jnly
1.167
1,141
7.700
6,696
Loulsv.N.O. A T. 4th wkAug
75,756
69,347 1.098.742 1,011,603
Lou. St.L. A Tex. 1th WkAug
12.972
10.960
251,113
Louisv. 8outh*n. July
43,151
32,678
Lyncho.ADur'm Julv
9.200
1.970
48,778
Memphis A Chas 3d wk Aug
40.896
36,515 1.129,447 1.040,386
IMoxicau Cent... 4th wkAug 160,703 15.5.078 4.133,893 4,078,1S»
[Mex. National 3d wk Ang
64,039
08.792 2.342.012 !.\o34.43»
[.Mexican K'wav Wk Aug. 2
75,839
73.920 2.354.953 2.511,374
.Mil.L.Sh.A West 4th WkAug
129,310 127.492 3.490.898 2.240.75O
Milwaukee A No 4thwkAugl
44,145
42.293 1.000.430
759.042
Mineralltange.. July
11,044
10.282
66,301
01,8301
Miuneap. ASt.L. July
119,800 120.474
770.365
711.854
.M.St.P. A8.S.M. July
162,788 117.011 1,106.472
751.08*
Mo. Kan. A Tex. July
640,735 026,134 4.477.200 3.893.194
Mobile A Ohio.. August....
291,933 224.707 2.140.630 1.907.81&
MontereyAM.G July
45,235
254.153
NaaU.Ch.ASt.l,. July
341,167 299.209 2,050,^03 1.964.1 10
Nat. Red K. A T. July
2,140
13,9051
1.410
4.852
N.JeraeyAN.Y. July
23,5.-.0
20,606
147,1371
130.003
New Orl. A Gull July
8,752
92.739
10,570
82.9071
.V. Y. C. A H. R. July....
3,004,837 2.951,919 20.730,7'
19.732,064
N. Y. L. E. A W. July....
2.504.124 2,538,410 10.228.501 14.735.02S
N. Y. Pa. A Ouici June ...
553.1,50
549,128 3,402,51-~ 2,915,192
~
N. Y.AN.Eng..ljuly
528.9051 492,009 3.327,3001
3,091,177
N. Y. ANorth'u.'july
44,405
329,127
55.153
307,091,
N. Y.Ont. A W.aith WkAug
87.208
77..57B 1.428.3871 1.244,855
N. Y. Susq. A W.. July
149,799 140,301
860, 16u
741,233
Norfolk A West. 4th wkAug
146.000, 131.408 4,574.270 3,839,291
N'thea9t'n(8. C.I June
41.9121
328.115
32,274
380,913!
.Vorth'n Central. July
579.8901 543,»04 3,836,831 3.259.105
Northern Pacltlc|4th WkAug 685.589
30,520 14,076,931 13.103,392
99,882' 2.668,221 2.550,385
OhioAMiss
!4thwkAug 100,879
Ohio ANorIliw..'Jnly
21,245
] 15.695
19,400
119,918,
Col. A Mayav.'july
6.276
924
5,205
988
17,46li
Ohio Kiver
3d wk Aug!
406,315!
342.237
15.430
Ohio Southern. -August
339,8541
323,895
40,185
47,469i
Olio Val. of K.J. 2d wk Aug
80,442
5,201
3,531
132.457
Omaha A St. I,..ljuly
42.6121
203,374
42.024
316,378
Oregon lmi>. Co. July
456,323 413,592 2,495,071 2,400.441
Pennsylvania ..|July...
5,374.466 3,241.674 37,332,979 33,245.912
PeonaDec.AKv.'4thwkAug
27,1711
474.679
2.5,373
501.023
Petersburg
36,076'
288.644
July.
45,2071
329,137
Phlla. A Erie... June
447,353 318.920 2.430.157 1.900.736
Phila. ARead'g 'July.
1.840,983 1,804.311 11,503,510 10,274.181
Coal A Iron (jo. .July.
1,795.841 2,007,410
Pitts. Cin.*hi.L. Juno
477,476 309.539 3,006,850l 2,63i',S66
11,457
20,8671
Pitts. Mar. A Ch. July.
2,833
2,109|
679,S0»
Plttsb. A West'D June
126,100 111.700
708,139
243,391
Pltta.CleT.AT. June
30,865
39.701
234.011!
133.671
142.16*
Pitts.Pain.AF. June
20.125
28.890
63.001 1,455.804' 1.460,901
Total system 4th WkAug,
65.857
626,176
Pltt.Young.AA. July
130,006 120.3611
802,080
152,026
PURoyalAAug. June
13,252
165,788,
14,675
194,753'
179,249
Pt.Roy.AW.Cai. June
20,728
17,496
75,046
73,874
t'res.AAiiz.Cen. July
13,057
9,149,
17,447'
135.143!
140,031
20.237
QuincyO. A K.C.July
Rich. A Danville. July
427,000 401.000! 3.253,191 3,0C0.738
Vir. Midland.. July
206.100 192.800' 1,277,463 1.149,411
48S.720
315,043,
Char.Col.AAu. July
77,075
75,174,
383.579
457.892
Col. AGreeuv. Jnly
48,950
43,305
502.066
333,183
West. No. Car. July
87,275
62,288
731.792
Georgia Pac .. July
129,700 105,925 1.020,748
02,023
71.773
Wash.O.A W.. Julv
11,775
11,646
64.914
74,164
Ashv.ASpart. July
10,475
10,117
Total Sy.s'm. :3d wk Aug' 257,225 256.825^ 7,946.504 7.107.917
109.402
201.243]
Rich. A Petersl). Julv
27,866
23.0301
!<79.42l
20.530' 1,072,417'
Rio Gr. West. .'3d wk Aug
43.050
Rome W. A Ogd. June
320.903 281,379 1,871,487 1.539.28301.204
54.787!
Sag.TuscolaAH. July
11,525!
10,895
626.731
709.979
8t.L.A.AT.lI.B'g 3d wk Aug!
24,6341
29,530
St.L.Ark.ATex. IthwkAugi 127,701 112.237 2,382.224 2.0JO,314
32,99559,621
5,9371
BtL.Uea.M. A N.July
12,571
631,03a
761.467
St.PaulADul'th JiUy
139,625 122,154'
8tP.Miu.AMan. July
746,328 638.699| 4.636.3(;6 3.936.601
163.953
313,921
44,038
East, of Minn. July
60,768
433,799
589,448
84.3881
MontauaCent. July
103,421
4,554.358
36
5.539.
768.026
910,518
Total 8ys-ni. July
719.312
051.184
34.661
44.5711
•.Ant.AAr.Pasa 3d WkAug
470,017
462.299
10.481
17,447
i.Pran.AN.Pao 3d WkAug
66,930
174,842
10.065
33,827|
8av. Am. A Mod. July
159.817
254,494
6.106|
Seattle L. 8. A K. 3d wk Auj?!
9,305|
353.899
53,5ll|
380,853
53.6841
SciotoVal.AN.B. July
.5..«01
.
1
7,352.998
1,302,688
7,117.898
Cenlralof S.
June
7.019
50.214
Central Verm'nt.| Wk Aug 2
70,168
K. London NoriWk Aug 2
12.993
Ogd.& LakeCli Wk Aug 2
17.7.37
Tot. system Wk A\ig 30
113,895
Char.Cin.Ji Chic Juno
8,427
.57,857
Charlest'n & Savj.ruly
41,412
39,537
408,705
363,204
Char. Sum. & No., June
3,761
1,572
25.778
14,471
Chat.R'niP&Col. July
3I.0i»0
22,8991
203.185
138.768
Chatfn'gaUnl'uiJuly
11.925
10,2631
66,473
62.015
Cheraw. & Darl.lJuly
6.503
5.3441
51.421
43.641
Cben. A Ohio .... 4th wicAug 252,252
197,901 4.9 77,970 3.820.307
Ches.O. & 8. W.lJuly
188.803 181,0.50 1,122.238 1,121,864
Cne». & Lenoir .'June ... .
4.850
4.649
34.139
34.567
Chic. A Atlautle.;4tli wkAug
72.833
70.183, 1,801.732 1,431,657
Chic. Burl.* No. Liune..
119.107 141,861
903.471:
932.295
8 hie. Burl. & Q. IJuly
2,721.399 2,071.746 19.05>-.421 18,018,273
hie. A East. III. 4th wkAug
72.700
71,800 2.003,742 1,690,091
Chic. Mil. ASt.P. 4th wkAugl 809,500
800,833' 10,085.40" 15,299.008
Chic. AN'thw'n.' July
2,401.12^ 2,207.57314.074, 818 13.378.303
Chie.P.'o. A- St.L.I .May
31,082
159.03s
28.016
135,928
Chic. Rook LAP. August. . . 1.546,758 1,712,710 10,809.207 10,381.430
ChicSt.L.APitt.ljune
506.007 375,313 3,208,960 2,667,521
Chlc.St.P.AK.C.[3d wk Aug
91,525
80,119 2,648.4:"
1.818,804
Chlc.St.P.M.AO.'jiav
539.920 507,594 3,545,589 3,246,685
Chic. A W. .Mich.::id wk Aug
31.020
25,638
965,359
857,537
Chiliiiewa Val ..^July
18,318
17,902
Cln.Ga. A Ports.] July
6.252
6.028
34.559
34,452
Cin. JiickA.Mae. 3d wk Aug
409 011
13,979
15.352
366,05
Cln. N. O. A T. P.Lsd wk Aug
8.->,l99
76.148 2.718.189 S.3O0.432
Ala. Ot.South. 3d wx Aug
37.542
33.01)5; 1,1 85,28 Li
1,111,012
N. Orl. A N. E.l3d wk Aug
16,859
14 71ll
783.927
599,040
Ala. A Vick9b.|.3d wk Aug
10,695
9,04«
402,868
332.409
Vicka. Sh. A P. 3d wk Aug
9,365
9.536
338.962
324,812
Erlauger Sysl. 3d wk Augi 159.900 142.448 5,429,232 4,671,935
Cinn. Northw'n . July
1 ,850
11.310
1,905
10.158
Clu.Walj.AMich. Istw:, Aug'
12,709
10.859
334.856
291.711
Clev.AkroniCol Hd wk Aug]
16,972
16,071
522.290
451,016
Clev. A Canton.. Julv
51.050
36.883
297.423
232.365
CI.CIu.Ch.AS.L |3d WkAug' 242,154 249,121 9,103,268 7.063,082
Pec. A Ea.st'n. 3d wk Aug
31,067
33,333
Clev. A Marietta July
26,317
21,411
168.370
146.674
Color. .Midland.. .3d wk Aug
34.600
33.507 1,177,800 1,02.5,867
Col. A Cln. .Mid.. 4thwkJ'ne
7.113
8,153
1 56.7S0
168.211
Col. H. V. ATol.'July
269,471
219,581 1,500.205 1,322.245
CohisaA Lake..|july
2,279
2,915
11,854
11,510
Covin. AMacon. July...
11,722
7,935
77,217
52,923
Day Ft.W.ACh..'July
39,229
38.591
270.009
268,531
DeuT. ARloGr. 4thwkAug 254.000 247.000 5,497,353 4,991,91o
Des.M. AN-wast July
15.500
10.543
113,847
90,541
Det.BayC.&AI|i3d WkAug
9.044
8.820
356,668
339,480
Det.l.ans'gA.No 3d wk Aug
23,992
22.384
73 1,437
070.420
DuluthS..S.AAtl 4thwkAug[
77,828
73,587 1.476.7C0 1.201.847
.Tciin.Va.A<i,a. Juno
514.413 432,001 3.184.008 2,004,178
Kuoxv. AOhio June
53.944
40,110
326.579
278,998
Total s.v.stem. 3d wk Augi 140.344
118,098 4.530,X66 3,704,2*1
Kllz.Lex.AB.S... June
.i
61.110
56,991
367.990
391,017
Emijire .v U'lilin July
3.204
19.H33
Evans.AInd'plis 4thwkAug!
12.412^
12,910
187.121
192.810
Jvanav. A T. H.'4tbwkAug
34.140
32.545
009.436
591.730
ritdiburg
I.i uly
533.300 522.024' 3.505,076 .3.168.069
yilut. A P. MarQ. 3d wk Aug
47.924
44.568 1,891.877 1.S08.028
Central Paclflc. June
301
I
I
I
I
I
\
'
i
(
j
!
1
'
I
i
1
1
—
'
..,. .
.
.
THE CHRONICLE.
302
Laiat Earnings Reported,
SOASI.
Wetk or Mo
'
Jan. 1
i
935,936
2,260,369
626.682
2,892,193
98,721
1,036,952
6.914,915
2.931,782
2,,841,152
15,5.87,586 15,769,784
'3,895,742
3,,064,769
21,566,565 21,260,815
312.322
88,237
365,420
15.139
MorRairsUfcT. July
W.Y.T.&Mex. .luly
Tex. A N. Orl. JiUv
1.54.810
Atlantic sys'm July
Totnlof
all..
RK.—
Bo. Pae.
I.
Hap.T. July
Bnmmit Biaueb. July
Lykcns Valley July
Tal.iSi CoosaVal. July
Tenn. Midland.. July
18.713,
Texas & PaciUc. 4tb wkAug
Tol.A A..VN. M. 4tU'nkAug
Tol. Col. &Cin..'4tbwkAug
178,420
29,262
9,208
38.341
9,130
T0I.& Ohio Cent. 4tbwkAug
To;.AO.Cep.Ex.iJiily
Tol. P. & West. i3d wk Aug
20.864!
40,050l
.
Tol. St.
J-.
480,665
723,434
55,239
2,081,021
578,762
2,753,323
79.053
896.550
6,388,707
& K.G.|4tbwkAug
2.300
33,388
Tol.&So.Haven.ljuly
Ulster i Del.... 'June
Union Pacific—
948,262
999,867
189,246
495,591 3.022,073 2,960,363
936,737
127,256 1,012,438
484,852
532,003
67,843
534.246
125.905
563.891
(579,883
559,574
98,389
457,278
555,440
54,570
38,049
45,805
5,0«9
07,745
12,109
111,489
191,607 4,220,481 3,937,317
615.905
28.096
763,297
157,536
7,093
202,415
757.554
41,104
939.850
59,62jl
54,200
8,970
572.704
555,873
20,802
38,945
620,828
995,128
11.544
1,986
14.125
125,22J
26,495
151,783
210,405
508,714
157,311
77,630
146,060
96,140
93,935
6,455
New Mex. Dlv. June
Btaten
I
I
^o. Div. (Cal.)!jimc
So. Div. (Cal.) Jmie
Arizona Div. .'June
I
Or. 8. L.ij U.N.I June
671,512
438.734
Or.Ry.AN.Co.iJune
et.Jo.iG'dIsl.'3d
wk Aug
,858,737
3.523,,560
1.866, .365! 1, 967.108
723.497
944. 938
395589 2,638,.646 2, 000,626
2,036,083 1 ,830,978 11,132,,075' 9, 531,142
3,837,362 3, ,573.627 23,739,,1122a 477,973
53,121
329.795
73,603
584,,122
3,867,465 3 ,382,308 20,48,>,,872 17. 234.142
344,142
70,9SO|
64,20'!,
428,,343
13,828
2,247|
l,967i
14,,824'
2,609
15,561
16,,960
2,999|
34,391
230,.063'
186,766
42,613!
3,910,077:3 ,416,699 20,715,,935 17, 420.907
102.543
19,833
19,497
105,.343]
563,-500
of August.
Decrease.
Increase.
1890.
1889.
19.350
414.756
69,463
23.790
20,022
10,791
56,273
52,862
40.896
17,461
26.438
29.530
44.571
17,447
20,864
16,262
408,808
72,863
25,303
20,621
11.602
55,061
42,842
36,515
15,436
32,690
24.634
34.601
19,481
20,802
7,095,002
6,731,056
S
'Grand Trunk of Canada.
'Chicago A Gr. Trunk..
'Det. Gd. Hav. & Mil
Kansas C. Mem. & Birm.
.
Kock A Jtempbls.
Louisv. X. Alb. A Cbic...
Louisville N. O. & Texas.
Little
-Memphis A Charleston
Ohio Kiver
St. Joseph A Gr. Island..
8t L. Alt. AT. H. Brebes.
San Autonlo & At. Pass.
San Francisco A No. Pae.
Toledo Peoria & Western
.
.
Total (88 roads)
Net increase
"
3,088
5,948
3,400
1,513
599
811
1,211
10,020
4,381
2.025
6,252
4,896
9.910
'2,034
62
459,404
363 ,946
'5 4 1 p. c.)..
95,458
For week ending August 23.
Net E*ri)ings Monthly to La'eS; Dates.— The table
f (al-
A
full
lowing shows the net earnings reported this week.
detailed statement, including all roads
returns can be obtained,
from which monthly
given once a month in these
is
columns, and the latest statement of this kind will be found
in the
Cheonicle
issue of
of
September
August
23.
The next
will appear in the
20.
— 1890. Earnings.
—
1889.
Gross
404.823
32,690
26,438l
523,5431
Un.Pac.D.AG. June
3rf iret^k
Florida CcntriilA Penin.
280.574
89,928
366.403
14,302
147,469
897.676
105.000
7,865
...
June
June
DaU
1889.
S
708,193
798,313
58,144
Gal. Hai.A.S.A. July
louis'a West.. July
Pacific svst«ui
Latest
87.794
96.661
6,843
«
ii4,ooo;
'Boenandnab ValfJiily
Bontb Carolina .July
Bpar. Un. * Col Jjuue
Bo. Pacific Co.—
to
1890.
1889.
1890.
[Vol. LI.
.
^et Eaminm.—^
1890.
1889.
Uonds.
Camden A Atlantic. July.
Jan. 1 to July 31...
Central oj Georgia. June.
46,.136
43,805
122,004
107,678
430,312
381,873
57,345
62,474
132.496
555,182
506,739
tl03.411
.Tan. 1 to June 30... 3,871,496
636,527
71.5,100
3,427,660
Montana Uu-.lj une
July 1 to Juno 30... 8,502,577 7,550,866 2,121.020 12,305,027
l>eaT.Top.A8.'Jnne
(31iosapcake A Ohio July.
204,780
203,328
643,663
585,437
Man.Al.&Bur.'June
Jan. 1 to July 31... 4,251,610 3,181,433
615,297
819,622
Joliit.o\vii'd,»«'June
Cbic.
&
West
Mich.
July.
116,469
49,316
26,907
137,263
Grand total. June
Jan. 1 to July 31..
318.116
204,987
885,672
785,661
Vermont V»Uey'JiUy
l4tb wkAug' 389.500
Wabasu
441,382 t',3T7,.345; 8,,155,176 Clevel'd A Canton. .July.
19,501
12,025
51,050
36,882
36,3e2l
277,581
Western of Ala. Ijuly
29,011
288,.136
Jan. 1 to July 31...
72,299
297,423
232,365
96,784
'July
820,162 Clev. Cin.
West Jersey
201 .812: 191,052
902,.514'
Ch.
St
318,160
A L.July. l,03fM94 943,213
355,587
88,937'
417,410
W.V.Cou.APitts, July
72,836
512,.516'
Jan. 1 to July 31... 7,366,914 6,936,069 2,586,279 2,215,096
West.N.Y. A Pa. 4thwkAug! 100,900 126,500 2,356,,872
.198.932
June.
4,746
4,647
27,731
23,104
WbeelingAL.E.UthwkAugl
576,732 Clev. A Marietta
26,893
759,,367
84,7931
Jan. 1 to June 30...
28,676
142,053
125,263
31,574
Wil. Col. & Aug. June
439,684
52,961
492,,871
59.2851
Wisconsin Cent.|4tbwkAug 138,328 176,445 »,»77:,617
,603,658 Det. Laus. A North. Jnly.
24,996
108,907
98,523
40,419
Wrigbtsv. 1% Ten 'July
.1
47 413
42,04 ?
5,989
6.210I
Jan. 1 to July 31...
140.051
670,739
614,311
195,722
* Ft. Wayne Cin. A Louisville included for botb years since July 1.
East Tenn.Va.A Ga.June.
340,999
514,413
432,661 det.7,382
Jan. 1 to June 30... 3,184,008 2,604,178
a New coal extension operated since July 21 in 1890 and Utica Clin867,194 1,013,032
July I to June 30... 6,412,078 5,301,623 2,236,085 1,926,959
ton A Bing. included for botb year* since July 1
I Mexican currency,
g Main Une.
Kuoxv. A Ohio... June.
15,898
53,944
40,110 def. 4,581
Jan. 1 to June 30...
109,641
101,044
326,.579
278,998
For the 4th week of August only 37 roads' have as yet
July 1 to June 30...
214,532
6J9,084
541,922
208,913
issued their returns, and the result in the aggregate is a deTotal system
356,898
June.
568,357
472,771 def. 11, 963
crease of 33 per cent.
Jan. 1 to June 30... 3,510,587 2,883,175
968,837 1,122,672
July 1 to June 30... 7,041,162 5,843,547 2,444.998 2,141,491
Kan. C. Ft. 8.A Mem. July.
125,123
89,125
368,749
387,083
Ath week of August.
1890.
1889.
Increase,
Decrease.
Jan. 1 to July 31... 2,719,536 2,619,658
812,700
740.355
Louisv. A Nashville. July. 1,545,182 1,448,495
559,346
$
537,876
Bait. A Obio Boutbw
70.015
65,409
Jan. 1 to July 31... 10,672,029 9,740,636 3,910,502 3,617,980
5,206
Canadian Pacific
466.000
455,000
11,000
Memphis
A
Cha'st'n. June.
30,268
21,822
128,367
112,122
"Cent. Vermont (3 roads)
113,895
109,696
4,199
Jan. 1 to June 30...
224,166
865,275
188,246
810,701
Cbeaapeake A Ohio
252,852
197,981
54.291
July 1 to June 30... 1,783,7^9 1,617,928
438,958
563,925
Chicago A Atlantic
72,833
70,183
2.6.50
Mexican Central. ..June.
Chicago A East. Illinois..
439,056
485,912 *106,569 •206,031
72.700
71,800
900
Jan. 1 to June 30... 3,208,510 3,116,904 *1,061,183 •1,495,656
Chicago Mil. & 8t. P.iul..
809,500
800.833
8,GC7
Denver A Rio Grande...
254,000
247,000
7,000
Oregon Imp. Co
July.
113,180
116,096
456,323
413,592
Didutb So. Hb. A Atlantic
77,8i8
73.587
4,241
Jan. 1 to July 31... 2,495,071 2,400,441
388,599
345,368
£vans. A Indiananolls..
12,910
12.412
498
Dec. 1 to July 31... 2,825.713 2,736,024
388,830
362,412
Evans. A Terre Haute.
34.140
32,545
1,595
Eio Grande Wost'n. July.
68,554
174,122
69,982
141,526
*Grand Trunk of Canada.
425,525
425,283
242
Jan. 1 to July 31...
281,092
249,425
960,567
797,371
Iowa Central
48.118
38,014
10,104
8t.L.Alt.A
Loui.svillc A Nashville...
r.H.bcbs.
lune.
33.134
95,233
34,011
655.290
84,831
571.973
16,683
Louisville N. O. A Texas.
Jan. 1 to June 30.
174,562
236,431
75,756
580,099
483,220
69,347
6,409
Louisville 8t. L. A Texas.
12.972
10.960
2,012
atat'u I. Rapid Tran. July.
80,706
57,389
146,060
125,903
Mexican Central
160,703
15.^.,678
5,025
Jan. 1 to July 31...
133,852
189,960
568,891
534,246
Milwaukee L. Sh. A Vi est.
129.310
127.492
1,818
West.
N.Y.A
Pfiun.JiUy.
03,264
134,399
324,828
326,470
Milwaukee ANorlhern..
44.145
42,293
1.852
Jan. 1 to July 31... 2,026,672 1,830.671
331,629
083,609
Kew York Ont. A West.
87.208
77,576
9,632
Norfolk A Western
West Jersey
July.
80,336
201.812
146.000
191,052
89,807
131,468
14,532
Northern Pacific
Jan. 1 to July 31...
331,583
685.589
902,514
266,537
736,520
820,162
50,937
Ohio * M i.siiis.sippi
99100,879
99.882
Peoria Dec. A Evans
27.171
25.373
* For the month of June the s\ibsidy certificate collections amounted
1,798
Pittsburg A Western
65,857
63.001
2,850
to $117,594, against $86,685 last year, and for the six months to
Bt Louis Ark. A Texas...
127,701
112,257
15,444
$777,645, against $460,412.
t Adding income received from investTexas A Pacittc
178.420
191,607
13,187 ments, net for June, 1890, was If 154,377, against $91,622 last year,
Toledo Anu.A.ANo.Mich
29.262
28,006
1,256
and for 12 months to June 30, $2,345,163, against .$2,437,395.
Toledo Col. A Cinn
9,208
7.093
2,115
Toledo A Ohio Central
38,341
'2,763
41,104
Toledo St. L. A Kan. City
40.050
38.945
1,105
Wabash (cousol. system).
441,382
3S9.500
51,882
1 Western N. Y. A Pcnn..
100,900
126,.500
25,600
Wheeling A Lake Erie
34,793
26.893
7,900
Wisconsin Central
13S.328
176.445
38,117
(For the year ending June 30, 1890.^
Total (37 roads)
5.887,699 5,901.521
185,344
199,169
The Chronicle has been furnished with information in adHet decrease (023 p. c.)
13.823
vance of the printed reports for the year ending June 30, 1890,
* For week ending August 30.
as to the result of operations on the roads given below.
t Decrea.se caused by strike on Now York Central.
All oth. lines.. 'June
Tot.U.P.Sya.'July
Cent.Br. A L. L. 'J une
Tot. cout'led June
I
I
'
I
'
I
1
!
'
.
1
. .
.
,
'
. .
ANNUAL REPORTS.
. I
The following is a total on the 47 roads from which wc have
received returns thus far for the month of August.
Xonth of August.
1890.
1889.
t/nerutw.
PC
Gross earnings (47. roads) $21,342,691 ?20,6!>7,051 iii«45,610 3 •12'
Gross earnings
Oiwratiug expenses
The final statement for the 3d week of August shows 5 '41
per cent gain on 88 roads.
Net earnings
Other income
3d week of August.
Prev'ly reporfd 166 roads)
Cln. N .0. * T. P. (5 roads)
•Cleveland Akron A Col
East Tcnnesaee Va.
A Ga.
1890.
9
1889.
Increase.
y abash
1888-89.
Total
Decrease.
Deduct
!
5.913,213i 5,615,658
159,960;
142,448
16,972
16,671
118.698
140,344J
Railroad.
80,849
'
—
1889-90.
$12,548,012
9,770,883
$13,352,872
9,673,221
$2,777,1 29
273.237
$3,679,651
87,980
$3,050,366
$3,767,631
Interest
on bonds and rentals of leased lines
Ren Is and other fixed charges
Interest on debenture bonds
$2,652,820
667,019
210,000
Total
Surplus
$3,529,839
$237,792
.
.
Skptemueb
—
:
ITTB CHKONICL^I
0, 1890.]
IHHS-HK.
OroMenrnlnKi... .,„.....'.
OperattiiK ezpcnte* Uid tazea..
18H()-no.
.$l,3S8.741»
in iiH
«34i,92r<
Total
i^mj,
Passeugers
$54S,li3-<
4U7
30,700
$315,022
$97a,3'98
.';;..'..'..
10.0(10
:t7,0HH
$l.'i0,00<)
hYiliib!
7,00»
30,133
92,625
555
iftl.
:;;.;;.
ohargw.
438
MiHCVlluIU'OIIH
Total.
Surplus...
«1195,11».'>
$149,827
New
Ui leans
& North
$304,949
$271,449
J'relgbt
MIsiuilIaueouH.
$l«irt.(l5H
8fKi..'i40
1
46,4.55
Total
$1,102,063
^^lll|lenaIl<;eof
[
aslorn.
Grosa parniiu^s
Net enrnlngo
Other iiiemiie
4.048
Total
300,000
&
Western.
1888-89.
$903,»;i7
Grou
earning*
9
Opcratiug expenses and tuxea..
072,591
*231-,346
cariiinss...
Dfditct—
Interest ou bonds.
»180,4S0
07,750
Miscellaneous
Total
Burplus or deficit
¥248,230
def.$16,884
Cleve.'aiid
Akruu k Colnmbna.
1888-89.
Gross eaniiupi
Operating expenses and
$735,141
593,057
tiixes.
Net earnings
$142,084
Interest on bonis
f 87,1 42
Rentals and otlier fixed cbvges.
Total
Surplus
YiokBburg: Shrevcpurt
Gross eaminprs
Operating expenses and taxes
Net earnings
Deduct—
Interest on bonds
Interest on car trusts, etc
Total
DeHcIt
Alabama
ii
Ik
J123,917
$18,167
$141,115
$54,6-3
Pacific.
1888-89.
^$592,803
401 ,467
1889-90.
$639,75:!
$131,136
$122,994
9387,699
10,440
$385,878
$398,139
$267,003
$393,969
$270,975
516,759
8,091
Ylekkbnr?.
1889-90.
$676,662
497.918
Net earnings..
Deducl-
$178,714
Interest on boiid^t
$113,033
Miscellaneous
2,312
$115,347
$63,367
Burplus.
GENERAL INVESTMENT NEWS.
Brooklyn £ Brii^hton Beach.— The coupons due Sept. 1
on .$500,000 first mortgage 5 per cent bonds were not oaid.
The amount due is $13,500, and it is reported that the tnistees
will meet on Tuesday next to Bee if funds can be raised.
Called Bond?. The following bonds have been called (o
payment:
Ohio & Mississippi Railway Equipment Tecst.—6 per
cent certificates of 1887, interest ceasing October 1, 1890, fifty
—
certificates of $1,000 each, viz.
Nos. 211, 22. 30. 32, 33, 38, 45, 64, 84,92, 103, 106, 107, 115, 136, 154,
163, 109,180,181, 190,191,194, 195,198,237. 241,258.278, 278,
282, 284, 289, 336, 347, 348, 358, 382, 390, 413, 414, 419, 420, 435,
453,457,476,490,491,505.
_^^^
•
East Tennessee Yirginta & Georgia.— In the editorial
columns of the Chronicle to-day will be found figures showing some of the results of this company's operations for the
year ending June 30, 1890.
Cleveland Cincinnati Chicago & St. Lonls.— The earnings
and charges for July, the first month of the fiscal year, were
as below given.
Gross earnings
Operating expenses and taxes
Net earnings.
Interest (less credits)
Bentals
:
1890
1889
$943,213
653,593
$1,036,194,
$289,620
$128,069
82,265
$320,088
$144,691
73.382
$210,334
$318,073
$108,013
/9,286
$488,710
33,959
12.192
21,067
Total
$556,528
$51,927
Suniliis....
Ratio of expenses to revenue, 61'73
p. c. In
Louisville Southern —Notice
1889 and 53-63 bi 1890.
published that under the
is
lease of the Louisville .Southern Railroad tlie holders of ita
main
line
at par for a
paid.]
36,775
Total.
800—
July
$87,564
53,551
Gross earnings
Operating expenses and laxes.
1
$»99,207
$008,455
and Lexington extension bonde can exchange saott
new issue of 5 per cent mortgage bonds, dated
1, 1890, and bearing interest from that date, guaranteed
1889-90. principal and interest, by the E^t Tennessee Virginia &
$938,830 Georgia Railway Company. The excliange will bo
made as
746,031
of July 1. 1890, and interest to that date on main line bonds,
$192,799 amounting to 2 per cent, will be paid Sept. 1, 1890, at the
Chase National Bank of New York, or at Louisville Banking
.1(180.241
12,129 Company, Louisville, Ky. The new tionds will be ready for
delivery by Sept. 15, 1890, and the exchange will be made
.*192,370 through the Central Trust Company of New York.
sur. f 429
[The payment above mentioned means that on presenting
the September coupon of the old Louisville Southern bonds
the holder will receive $30 instead of $30, on his signing the
1889-90.
$797,890 agreement to exchange his old 6 per cent bond for ttie new 5
602,092 per cent guaranteed. To those who do not make this agreement no payment is made, and their $30 coupon remains un$195,798
$15,147
Toledo Peoiia
$677,009
$420,054
Taxes.
Rentals
Other charges
neduet—
Deflclt.
1<X),111
Net earnings
$344,853
Interest on bonds.
70,6(11
39«.97.-i
Goueriil
$340,805
Total
$107,860
Interest
#1,219.731
878,926
Operating! uxjienMes and taxes
way
Kquipment.
Conducting transportation.
Deiliirl in
1889-90.
Total
Surplus
follows:
'
Intpn>»t iin cnr <ruats
Rt'utiils II ml otbcr Uxed
Dlvtil.'iids
Net
Hockinr ValluT
i:arntti0t—
843,111
N<M I'liriiliiK"
Other liR-onio
303
k Toledo.—The statement of
earmnKM, ex|)en»e*, &o., tot the Hmt six months of the retr
roliiinbus
Tvledo A Ohio Ontral.
DeductInlrrcut on bonds
;
:
710,106
M&con & Covington.— It i.s reported on good authority that
the interest due September 1 on the first mortgage bonds of
Covington BR. has not been paid, and that
the Macon
there are no funds in the company's treasury for such payment. Kiernan's.
&
New Bond- and
is
to
a
Ije
Stocks Authorized or Offered —Following
now offered for sale, or eooq
of new issues of securities
offered
list
STATES, CITIES, COUNTIES, &C.
AnsTiN City, Tkxas.— $1,400,000 water works and electric light gold
bonds, 5s. due July 1. 19.10, redeemahlo after Juno .30, 1910; Inter-
New York; $1,000 each. Bid.s at not less
than par and accrued interest for $400,000 or less addressed to
"John McDonald, Mayor, Austin, Texas." and indorsed "Bid for
water works and electric light bonds," will be received up to Oct.
15, 1890. at noon. Two percent of amount bid for must accompany bid. Any bidder taking the four hundred bond.s shall have
the option of taking the remainder of the issue at the same price.
said bonds to be delivered during the next twenty-four months in
such amounts and on such dates as the purchaier and city may
agree upon.
Bltte City, Montana.—$20,000 City Hall and $50,000 sewerage
bonds; due Oct. 1. 1910; reemable Oct. 1, 1895; Interest 6 per cent,
J. <& J., payable at Butte City or in New York at option: 1.000 each;
ceupon. Above bonds will be sold to the highest bidder for cash oa
Oct. 1, at noon, at the City Hall.
CoLUMBi's, Ohio.—The Committee of Ways and Means have been authorized, under the ordinances enumerated below, to prepare and
iiegoti ite at not less than par the following bonds. They are all to
be dated July 1, 1890, bear interest at 6 per ceut, payable Jan. 1
andJuly l,are for $1,000 each, coui)on, and may be redeemed in
numerical order after one year from date.
Ordinance 5,741—$20,000 Long Street Improvement bonds, doe
July 1, 1900.
Oriliiiance 5.737— $40,000 Livingston
Avenue improvement
bonds, due July 1 1903.
5,744—
$11,000
Wall
improvement
Ordinance
Street
bonds, doe
July 1 1900.
Ordinance 5,738— $10,000 Leonard Avenue Improvement bonds,
due July 1 1905.
Ordinance 5,740— $16,500 Denniead Avenue Improvement t)onds,
due July 1, 1898. One bon<l is for $500.
Ordinance 5,742— $10,000 Sixth Street improvement bonds, dofe
July 1, 1900.
Ordinance 3.739— $4,900 Williams Street Improvement bonds, dIM
July 1. 1898.
Ordinance 5,748— $18,000 Lane Avenue improvement bonds, doe
July 1, 1900.
Ordinance 5,788—$70,000cas and light bonds, dated Oct. 1, 1890,
due Oct. 1, 1900; not redeemable inteicst. 4 percent; payable
A. & O.. $1 .000 each coupon price riot given.
Dayton City. Coi.u.wniA Cor.vTY, Wash.— $35,000 water bonds, dne
1905; interest 5 per cent, semi-annually. Bids will be received by
est pa.vable quarterly iu
,
,
,
;
:
;
C. F. Miller, City Clerk, to Sept. 15.
Omo—
$13,000 Union Bridge Levee 4 per cent
bonds, due Oct. 1, 1905; $1,000 each; Interest, semi-annual conpon. Bids will be received by the Board of County (>)mmisaionen
(at not less than par and interest) until noon, Sept. 25.
HOLYOKE CrrY-, Mass.— $160,000 refuudlug 4«. due Oot. 1, 1910, "In
current funds;" $1,000 each; coupon; interest A. Jc O. in Boston,
Mass. Bids addressed to D. L. Farr, City Treasurer, and endorsed
"I*roposals for bonds," -will be received to Sept. 24.
FLORENCE (Town of), Col.—*5,000 bonds, due 1940, redeemable attM
Ave years; $100 eflch; Julius A. McCandless. Mayor, wlU neco<h
ate with parties willing to purchase.
JOH.SSON CotTNTY, Wy.— *72.0OO (ibout) for existing inJebtedneas;
payable 10 Tier cent In litoosnd 10 per cent annually tbereaftet
interest 6 per cent. Bids will be received by the Board of County
Commissioners, H. R.- .Mami, Chairman, at Bullalo. Wyoming to
Hamilton Coitsty,
:
uoou of Sept.
13.
.
.
.
THE CHRONICLF.
304
KiSGS CoiT>TT,
Y.—$500,000 county farm Improvement
N.
[Vol. LI,
Supptfmentary—
leitHtereil
bonds; due May 1, 1901-2-3-4-5; Interest rate, S^s percent, M. & N.
Bids addressed to H. H. Adams, County Treasurer, Brooklyn, N. Y.,
and endorsed " Propoa>l8 tor loan," will be received to noon of
Total
amount of interest and
months
Amount of Interast
credited depositors
same
period
Expenses of the Institution for last six mos
of deposits on which Interest is
allowed
Stock investmenis (market value)
Amount loaned on collaterals
Amount loaned on personal securities..
Eeal es; ate (estimated value)
Cash on band and on deposit
;
Other assets
Total
1st
1920; $500 each; interest semi-annualy.
& Co., 115
Mortgaie bonds,
5s,
due
Oflered by Messrs. L. Z.
Broadway.
Kansas City Bridge & Terminal Bonds.— $750,000
(authorized
issue $1,500,000) 6 per cent gold bonds, due 1920; registered and
coupon: interest J. & J. Offered at par and interest by Winner Investment Co., 50 and 51 Times Building, N. Y.; 50 State St., Boston.
liOCisviLLE Gas Company.— $100,000 stock to be offered at auction in
Louisville at the Board of Trade Sept. 20, at noon, but at not less
than 140.
»w
New York
H tven & Hartford.—The report for the
quaiter and year endino; June 30, as made to the Railroad
Commissioners,
is
as follows:
^Qiiar. ending June 30.^ ^Year ending June 30.-^
1889.
1890.
188S-89.
1889-90
Gros.s earnings
$2,554,882 $2,767,419 $10,037,297 $10,749,107
Operating expenses.
1,905,821
2,092,653
7,088,940
7,379,774
Surplus fund
Deposits in trust
Generaldcposits, payable on
Other
l)eriod
150,000
,
of deposits ou which interest is
lowed
Rate of interest on same, percent
Amount deposits made by order of Court
Trnst Cnmnatiips in New Turk and Brooklyn.— The semi-annual reports of these companies for the period ending June
£0, 1890, have been made to the Banking Department at
Albany. The figures below are compiled for the CHitoNiCLE.
placing in comparison the statements of June 30, 1889, and
June 30, 1890, thus showing the changes in a year. The reports of other companies will be given in next issue.
AMERICAN LOAN & TRUST.
^
,
Bonds
and, mortgages
1889.
Stock inve.sticeuts (market value)
Amount loaned on collaterals
Amount loaned on personal securities
Oash on hand and on deposit
$35,000
$15,000
325.«33
3,273,722
225,927
845 131
163.503
24s',850
728.891
203 J540
Total
$5,225,706
"^,879,136
LiabiliUes.
,
Stock investments (market value)
Amount loaned ou collaterals
Amount loaned ou
Undivided profits
Deposits in trost
".
Oeiieral deposits, payable on
demand
$1,000,000
1 17 o35
39 007
4,06l!4Sl
8,214
liabilities
Total
$5,225,707
SiipplemenUtry—
lottCi amount of interest and profits received
m<mths
last six
Amount of
period
Expenses
Amount
allowed
interest credited depositors
gg2 241
'
same
41 J33
24'98U
of institution same period....". ""'.'
of deposits on which interest Is
3,593,606
Kate or Interest on same, per cent
. . . .
$1,000,000
190,531
71.161
3,492,907
124,236
$4,879,136
personal securities
3,258,150
l>ato4
673,.523
18S,982
498.189
489,940
$31,584,126
$37,761,044
$1,000,000
3,245,002
27,233,284
105,813
$1,000,000
3,753,133
32,881.040
129,870
$31,584,129
$37,764,014
Total amount of Interest and profits received
last six months....
$535,861
Aint. of int. credited depositors same period
223,300
Expenses of the Institution, same period
63,068
Div'dsdeelaredou capital stock, same period
100,000
Ami. of deposits on which interest is allowed 21,386,071
Rate of interest ou same, per cent
$583,346
266,023
72,600
100,000
27,538,900
Total
:
Liabililies.
liabilities
Total
Supplementfirtf
—
Bes<mrce>.
1889.
Total
ount loaned on collaterals
Dei«.glt«
Def
In trust
1889.
6,626,158
321,269
52,726
!
1890.
$294,499
421,000
8,457,002
508,390
65,064
$7,803,462
$9,745,956
..
asooi,000
flo(l'
800,000
$500,000
500,000
449,101
268,868
o^fi-,5S9
o'
9,826
Surplus fund
$3,488,460
>
'.'.'.'.'
Deposits in trust
Gener.ll deposits, payable
Other
on demand
liabilities
Total
\
$500,000
.„„,„„
532,123
569,808
1,477 1'4
J
$500,000
500,000
I
97,t>6S
77,968
19,977
2,224,498
146,316
$3,207,023
$3,488,460
Shipplrmentary—
Total amount of interest and profits received
months
of interest credited depositors same
period...
...
Expenses of the institution, same period
.
Dividends declared on capital stock, same
$83,264
$93,232
19,838
20 431
26,745
24,747
1,857,932
1,410,251
period
Amount
of deiWBlts
_lo«^ed
on which luterest
25,000
is kl-
.-.
Bate of interest on same, per cent
1
1889.
T>
,
^
Bonds
and, mortgages
$98,500
;
Stock investments (market value)
766 170
Amount loancil on collateral
Amount loaned ou personal securities
l,544,'5O0
31.200
Overdrafts
Cash on hand and ou deposit
to3
21,000
$7,863,452
$0,745,956
~
..
,
Capital stock paid In
Undivided profits
.'
307 024
4 1,049
306,442
39,622
$2,794,203
$3,906,327
$300,000
130,052
517 087
1500,000
1,633,'5.32
13 532
223,484
14,101
$2,704,203
$3,906,327
Liabilities.
.;.............
Deposits in trust
General depo.sit8 payable on demand.
Other liabilities
O'Jtal
1890.
$100,800
718,262
2,717,800
23,400
5.7.59
'.
Total
8,O0(;,987
Total.
$3,207,0?2
Liabilities.
UabiUties.
'
$90,000
514,845
2,300,984
292,458
281.203
8,907
Capital stock paid in
Other assets
Total.
I u.llvlded profits
1890.
$2,500
550,995
1,666,418
692,145
285,726
9,238
Stock investments (market value)
Amount loaned on collateral
Amount loaned ou personal securities.
Cash on hand and ou deposit
Other assets.
Eesmtrccs,
^
$219,499
643,800
Cash ou hand and ondeiwslt
Other assets
.....;.,....
lto5
HOLLAND.
Resources.
P.rnlus fund
.».
KNICKERBOCKER
llontls and mortgages
i<tock investments (market value).
Capital stock paid In
950,000
3.589,800
ATLANTIC.
An
,78:1,550
,022, .jll
2, .572,030
Cash on hsnd and on deposit
Other assets
last six
45.825
29,638
1890.
1349,300
,518.873
Amount
$115,238
1819.
$250. too
4,«)8(),750
19,777,271
Rciil estate (estimated value)....
Undivided profits
Capital stock paid in
Other
1890.
682,778
3,306,647
Other assets
250,555
Bonds and mortgages
Besounes.
!,635,012
1 to 3
Resources.
Other
$1,803,010
22,113,098
Bonds and mortgages
$711,152 $3,188,314 $3,518,776
500,257
1,511,669
l,715,7C(i
$1,676,645
al-
FAEMERS' LOAN & TRUST.
$(592„536
$241,195
$1,000,000
4,279,364
6,540,190
18,553,912
307,362
demand
Amount
Total.
$272,669
$1,000,000
3,815,315
8,349,052
16,461,172
220,504
.•
$694,766 $2,949,357 $3,369.3fl3
46,686
238,057
149,383
Snrplu.s
307,697
—
$649,061
43,475
419,867
298,980
850,000
1,088,963
Total
$29,846,043 $30,680,829
Sappleinenlary
Total amount of interest and profits received
last six moutlis
716,260
756,855
Amount of interest credited depositors same
period
218,772
257,291
Expenses of the institution same period
69,752
72,242
Dividends declared on capital stock same
Other income
.
1890.
$425,000
4,020,393
J3,689,844
$30,680,829
liabilities
Capital stock paid in
SuiplHsfuiid
Deposits in trast
Net earnings.
to 4
$29,846,042
Capital stockpaidin
1
National Bank of Commerce, Omaha. Neb.— Subscriptions
for stock
(authorized $500,000) will be received by H. B. Church, 53 Congress St., Boston, at tl06 per share.
m
Ziabitities.
000.
Jerset City Electric Light —$100,090
7,519,753
1889.
$40,000
4,284,608
22,226,469
390,604
850,000
1,861,258
193,105
Bonds and mortgages
J. 8. Fitch, Yonkera, and Holt & Butler, 111 Broadway.
.Central Ohio— $1 ,500.000 (authorized $2,850,t'O0) IJ* per cent consol.
gold bonds, due 1930 coupon; .M. & S.; offered by Messrs. Speyer &
Co.. 11 Broad Stri'ct, and Vermllye & Co., 16 Nassau Street, at
lom and accrued interest.
Edison Electric Illumi.vatino Companv (Brooklyn(.— The stockholders voted tliis week to increase the stock from $(i00,000 to $1,500,-
(Iriswold & Oillett, 5 Wall St.; Equitable Trust Co., Philadelphia;
Midclendort, Oliver & Co., Baltimore; G. C. Morrell, 101 Devonshire St., Boston; E. A. Barber, 114 South 4th St., Philadelphia.
6,536,410
Resources.
noon to Sept. 19 inclusive.
Sept. 10.
30,000
21,003
CENTEALk
Ardslet Company.—$1,000,000 stock; information furnished by E. V.
Harnett & Co., 73 Liberty St.; J. R. Brown & Co., 59 West 33d St.;
Investment Trust Co. op America.— $500,000 stock (authorized,
$3,000,000; paid in, $1,000,000). Subscriptions received at par by
110,804
Kate of interest on same, per cent
American Cotton Oil Co.— $4,000,000 ten-year 8 per cent debentures.
"^Stockholders may subscribe for same from Sept. 13, 1890, at
Calveston, Texas, Wharf Co.—$100,000 5 per cent bonds, due 1940;
interest, A. & O. Bids addressed to J. M. Brown, Chairman Finnnoo
Committee, and marked "Bid for bonds," will be received to
73,102
25,000
17,320
Amount
KAILKOAD AND MISCELLANEOUS COMPANtES.
„
$261,778
Dividends declared on capital stock same
XJTAH T«RRiTORT.— $172,000 non taxable bonds, coupon 5s, due July
1, 1910. redeemable after July 1, 1900; $1,000 oacb; interest, J. &
J., in Salt Lake City or New York. Bids will be received by Bolivar
Roberts, Territorial Treasurer, Salt Lake City, to noon of Oct. 12,
at not less tban par and interest.
Charges
1890.
$180,194
period
Sept. 9.
Mott
1889.
profits recelv'd
last six
....'..'.
153,096
,015,645
H
1
SEPTIiMBER
THE CHRONICLE.
1B90.]
R,
Supplemrnlary.
Total aiiioiiiit iif interest and proflta rcoeired
lut
alx tiKiiillin
Amount
uf liitorent credited depositor*
Mme
period
£z|><<iiiii'«
of
$77,040
1 5,8n:i
29,200
23.934
2,308,714
Amount
Aiuount
l>iito4
loaiiud
CuHhon
lianil
1,S24,8SI
MANHATTAN.
TRUST.
Hrtnurcet.
1^90,210
11.6.^9
liiatltiitloii Hiiino iH>rlod
Amoiiiil of d-po«lts on wblrli Int. I« allowed.
Kuto of tntercHt on aninc, por opnt
NEW YORK SECURITY *
1800.
1<?90.
H05
Rnndsand
1880.
in
1890.
$296,000
Stock Inve:
,iictt value)!'.'.!!!!'.'.".
loan
laterals
ou iHrsonal aecnrltle*...,!.
and on deposit
Other nssels
'...'.'..
$1,006,200
1,264,900
781,817
100,182
0,132
3,271,6A»
197.05^
$3,170,231
$9,817,894
$1,000,000
Aoonofi
$1,000,000
500.0OO
i<17.40(»
36,173
Kttoureet.
1849.
nnnila and uiort(tn)ce»
Ftork liivcatiiionta (market value)
W.'^.OOO
1.594,18ti
Amount IouiumI on
Due from bnnka
2,HaO,B3H
400,000
collalerula
Real catatn (catimatpd value)
on Imnd and on deposit
<"B«li
1890.
Total
eurtilua fund
Cnuivided profits
Inmt
I>i|>oa!ta in
Goncrnl deposits payable on demand
General depoaitH payable on notice
OlUur liabilities
)
84,288
90,000
485.900
73,190
f 4,804,075
$4,367,687
$1,000,000
103,627
$1,000,000
107,907
63,281
10,158
. -oo .^p
^
*."''*•>'
.50,481
'
i
Total
Am'tof Int'stercdttedTlepoBltornsamcpcriod
Expenses of the iniititutlon same period
Am't of deposits on wUioU intore.stis allowed
Rate of interest on same, percent
2,008,362
832,842
(
I
22,618
!J04,723
$5,804,975
$4,367,687
$09,210
$103,858
44,897
27,645
Supplrmru tary—
Tot. am't of Infst andprotlt.'? rco'd lust 6 mos.
a.'',**;;'.;
2:(,!t70
4,5«y,812
2,736,917
2-9-10
MERCANTILE.
Bonds and mortw»(?ns
Ptock investments (market value)
Amount loaned on eollaterala
Amount loaned on personal securities
Real estate (estimated valne)
fash on hand and on deposit
1889-
1890.
$87,923
2,701, nS I
11,084.229
l«,02l,.-)40
$483,740
2.076,312
l.loa.tiOO
Other assets
Total
499.660
179,708
743,385
2,130,465
2,280,252
88L,20>J
739,176
$18,732,464
$22,283,394
Deposits in trust
General deiioslts payable on demand
Other liabilities
Caiiitnl stock paid In
$2,000,000
1,000,00)
122,799
823,325
14,776,6H3
9,658
$2,000,000
1,000,000
190,022
$18,732,465
$22,283,394
Surplus fund
profits
Deposits in trust
Gcnornl deposits payable on demand
Other U,ihilitic3
Total
Sunpttmentary—
Total amount of interest and profits received last six months
$S98.454
Amt. of int. credited depositors same period.
169.003
Expenses of the institution same period
54,881
Dividends declared on capital stock same
period
80,000
Amt. of deposits on whicTi Int. is allowed
13,284,285
Rate of interest on same, percent
855.«8-.i
18.210,610
21,057
$539,174
194,991
60,747
SO.OflO
17,703,196
1 to 1
l,05t.'922
Total
$3,170,231
Supptemeiilary-~
Total amount of interest and deposits received last six months
$17,249
Amt. of int. creilltod depositors same period
433
Expenses of the Institution same i>eriod
10,138
Amt. of depositsonwhich interest is allowed
1,608,822
Rate of interest ou same, per cent!
2 to 3
1889.
Stock investments (market value)
loaned on collaterals
Amount
Real estate (estimated value
Cash on hand and on deposit
Other assets
$381,500
2.4'i4,554
6,078,265
2.388,700
5,783,691
465,000
470,741
71,453
470,000
596,062
80,724
$9,722,513
$9,700,749
Capital 8t«ck paid in
Other
demand
ll»bilities
Total
$1,000,000
631,764
8,018,067
72,683
$1,000,000
704,164
$0,722,514
$9,700,749
7,926,7-'6
69,858
Supptementaii/—
amount of interest and profits received
last six months
Amt. of mt. credited depositors same period.
Expenses of the institution same period
Total
Div'ds declared on capital stock sameperiod
Amt. of deposits on which interest is allowed.
Rate of interest on same, per cent
Amt. of deposits by order of court
NEW YORK
$290,422
98,378
$236,856
19,735
30,000
7,899,003
24,:i57
30,000
7,710,107
li3to4
13,574
1889.
Bonds and mortgages
$1,898,814
9,288.175
6,276,091
5,644,048
455,000
Stock investments (market value)
Amount loaned on coU.iterala
Amount loaned ou personal securities
Real estate (estimated value)
Cash on hand audou deposit
Other assets
85i792
308,340
total
1890.
$2,053,044
10,239,084
5,086,600
2,842,059
480.000
2,306,367
268,405
$24,722,958
$23,375,650
$1,000,000
2,073,667
144,496
19,993,386
$1,000,000
1,905,483
126.463
18,822,574
1,511,410
f48.'»,682
< 923,083
Liabililiet.
Capital stock paid In
Annuities
Lite Insurance
Other
liabilities
Total
Suppitmenlary—
,
on t«n days' notice
)
'.
$201. r..
3.227.0S3
0,826.223
100,000
Total
I
)
(
$24,722,959
Total amount of interest and profits reoetred
lastalx month*
$519,380
Amount of Interest credited depoaltor* *ams
period
149.029
Expense* of Institution same period
44,168
Dividends declared on capital stock tame
period
150,000
Amount of deposits made by order ot court. 1,499,910
Amount of deposits on which interest Is
allowed
19,99S,38«
Sate of iatere«t on ume, pw {«n(
,
^
912,365
$23,375,650
$936,430
202,092
44,504
190,000
»,729.'.MU
150,(1(11)
651,084
67,059
295,0(i(*
$14,380,849
$12,750,520
80,54
$1,000,000
Surplus fund and undivided profits
Deposits ill trust
Ocnornl <leiM)ait.s, payable on demand
Other
l,132,4ii((
1.502,453
10,595,701
88,144
liabilities
Total
$14,380,848
Siipplemenlary—
«f debts Biinr. and liability thereon
Tot. am't of Int'st niwl pioflts rec'd last mos.
Am'tof int'st credited (lepnsitorssarae period
Expenses of institution same period
Divid'ds declared on o.ipitalst'k same period
Am'tof deposits on which interest is allowed
Rate of interest on same, per cent
Am't of deposits by order of the courts
LONG ISLAND LOAN
Jc
Retource$.
.
^
„
^
Bonds and mortwffes
Other assets
.
$25f.,17s
116,682
27,782
12,l'3'6,635
$12,750,520
$8,700
314,769
141,832
28,703
80,000
10,401.592
1U)4
1
,520,285
TRUST.
1889.
1890.
$-203,800
$180,300
Stock investiu.^nts (market value)
Amount loaned on collaterals
Real estate (estimated value)
Cash on hand and on deposit
1,185,780
1,966,150
32,023
75,000
1
085 710
2!l23'376
'
77 6o<>
278.'743
: i'
27l'
774
27,489
38,'3S»
$3,745,487
$3,800,619
LiaibiliHe$.
Capital stock paid in
$500,000
174,837
140.191
Surjdus fund
Deitosits in trust
General deposits, payable
Other
on demand
2.884,327
48,131
liabilities
Supplementary.
months
last six
Amount of interest credited depositors same
period
Expenses of the lustitution same period
Dividends declared on capital stock same
pe riod
Amount
of deposits un which interest
$3,745,486
$3,800,619
$76,274
$79,857
33,119
8,300
38,611
9,644
15,000
20.000
3,017,017
2.859,140
is
allowed
Rate of interest on same, per cent
l>sto3>9
NASSAU.
Retmireet,
Bonds and mortKapes
1889.
$427,700
Stock investments (market value)
Amount loaned ou collaterals.-.
Cash on hand and on deposit
Other assets
Total
1890.
1,051,772
1,547,333
$429,200
437.340
2,184.528
277,614
15,794
171.i»27
$3,320,212
$3,303,624
30,628
LiabUihti.
Capital stock paid In
Undivided
profits
Deposits in trust
General deposits
Other liabilities
Total
$500,000
47,446
8,564
2,734,312
30,890
$3,320,212
Supplementary—
Total amount of interest and profit* received last six months
Amt. of Int. credited depositors same period.
Expenses of the institution same period
Dividends declared on capital stock same
period
Amt ot deposits on which Int. is allowed....
Rate ot interest ou same, per cent
Union Ferry Co.— The property and
$74,696
$68,517
18,'264
28,08 tt
8,097
8,373
30,000
2,732,225
2,701,»2»
l>sto3>»
a=set« of the
Union
Ferry Company of Brooklyn were sold at auction this week at
the Real Estate Exchange. The oetenaible purchasers were
Lowrey, Stone & Auerbach, lawyers, at No 15 Broad Street,
and the suna for which the property was knocked down was
18,250,000.
U was said that H. B. Hollins & Co. and otber»
The property of the Union Ferry
the hammer by order of the board oC
directors acting under a resolution of the ttockbolder* pM8«^
were the
real purchasers.
Company came under
18,822.974
1 to 9
.
2,2-l4.(!hi
LiabUitia,
Capital stock paid in
Seioureet.
Undivided profits
DnjHisits inlrust payable
189"
$50»,450
Stock investments (uiarltet value)
Amount loaned un collateral
Real estate (estimated value)
Cash on hand audon deposit
132.007
LIFE INSURANCE & TRUST.
Surplus fund
2t
Total amount of interest and profits received
Liabilitiet.
Surplus fund
General deposits, payable on
:i.
1889.
mortcraites
Tot.-il
Total
$1:?<>,1B8
Rciourttt,
Bonds and
1890.
$I52..'')00
$5,817,894
BROOKLYN.
Total
JUtourcet.
104
37,201
2.42.'-.,
14.0»2
METROPOLITAN.
mort?a(tes
74.77.'i
],7h(i,«1'J
i
Am't
JjiabUitier,
„
,
Bonds
and
tSV
602.500
!!. .!!!:!:::::
Other assets
Betourees,
Undivided
Capital stock paid Jn
Surplus fund
un.iivided profits
LUMliHet.
Cai)ital Block paid in
LiabUUia.
fSO.OtH)
2»,89«
2,604,708
870,6fl:i
Other aasuta
Totol
August
t>,
WW.
:
.
'
niE CHRONICLE..
[Vol. LI
COTTON,
Friday, P. M., September 5, 1890.
as indicated by our telegram s
from the South to-night, is given below. For the week endin g
this evening the total receipts have reached 93.539 bales,
against 43,810 bales last week and 14,295 bales the previous
week, making the total receipts since the 1st of Sept., 1890,
The Movement op the Crop,
COMMERCIAL EPITOME.
Friday Night, Sept. 5, 1890.
The course of trade for the past week was interrupted on
Monday last by a close holiday called " Labor Day." The unseasonably low temperature of last week has been followed by
jfreater warmth, which is not too late to benefit many crops.
Congress is pushing its work, and it is believed will adjourn
1889,
Seceiptt
in the course of the present month. Imports are greatly
reduced, and the new cotton crop begins to be shipped quite
Co., announced at
The failure of Sawyer, Wallace
freely.
the close of Thursday's business, was a painful surprise to
mercantile circles, in which the house has long held a foremost
Brunaw'k, &e.
Charleston
Port Royal,&c
Wilmington
had little effect upon values to-day.
a statement of stocks of leading articles of
merchandise at dates given:
Mon.
Sat.
TKurs.
3,252
4,315
3,999
FH.
Total.
4,474
26,040
59
59
1,617
1,457
1,425
1,764
2,359
592
575
988
489
302
2,919
4,854
4,242
5,130
1,746
3,511
2,154
2,287
1,666
543
276
1,510
488
824
851
3
132
612
299
473
1,528
731
1,135
1,317
860
1,520
59
250
•
1,831
2,143
10,453
757
3,703
2
2
2,796 22,084
2,849
2,849
1,340 12,704
Wasto'gton, Ac
1890.
Norfolk
1889.
1890.
Aug.
Sept. 1.
West Point...
Sept. 1.
1.
1,201
N'wp'tN'8,&c.
Pork
l«rd
Tobacco, domestic
Tobacco, foreign
Colfee, Rio
Coffee, other
Coffee, Java, &c
Sugar...
Molasses, foreign
Molasses, domestio
bhdB.
25,607
45.540
152,159
49,179
50,000
mats.
hhds.
boxes.
923
bbls.
No.
bales.
bbls.
bbls.
bbls.
ISir
Klce, E. I
Bice, domestic
900
17,050
2,240
None.
10,250
96,000
6,707
bags.
Pkgs.
bags.
bags.
Unseed
Saltpetre
Jute butts
Manila bemp
hemp
bbls.
and
6,200
49,833
28,609
53,019
251,073
61,600
56,170
5,066
None.
285,908
None.
1,607
3,000
470,600
50.978
24,650
1,690
1,147
22,500
None.
215,223
None.
197
5.000
3?1,200
17,666
23,434
1,787
bags, &c.
hhds.
hhds.
fomte ttirpentlne
Flour
eo.lS.'i
bags.
bags.
Hides
Cotton
BoBln
Blsal
8,130
tea.
bales.
Bugar...............
Sugar
Melado
bbls.
bales.
bales.
bales.
sacks.
4,953
15,409
34,925
47,435
8,9110
98,570
Ootoberdellvery
No\ember delivery
December delivery
o.
c.
656
666
c.
6'77
g.
£
»
6'56
6-57
669
667
678
6'78
—
Totals this week 13,729 16,685 16,424 15,798 13,546 16,407
92,589
80
1890.
Seeeiptt to
ThU
Sept. 5.
936
271
1889.
1889.
21,141
18,547
17,351
59
40
40
New Orleans.
10,453
3,703
2
22,084
2,849
12,704
8,836
3,111
2
19,165
2,819
10,958
9,289
3,955
4,492
3
4,611
5,256
3,949
3
4,479
4,055
250
250
......
3
13,240
1,800
..
Bruns., Sob.
Charleston ..
P. RoyaI,<tc
Wilmington
Wa3h'tn,Ao
Norfolk
West Point.
NwptN.,&c
NewY'ork. ..
Boston
Baltimore.
6-74
1,
59
Savannah.
Fri.
1890.
1890.
26,040
Mobile
Florida
6-45
1,
Stock.
Since Sep.
Galveston .
El Pa30,&c.
.
6 52
6 62
1889.
This
Week.
Since Sep.
Week.
56,150
1,600
None.
8.000
122,000
1,000
4,833
118.475
Thur.
6-46
6-57
6-64
6-74
6-90
80
For comparison we give the following table showing the
week's total receipts, the total since September 1, 1890, and
the stock to-night, compared with last year.
3
19,961
15,633
8,647
2,870
9,595
2,317
10,722
1,629
20,709
18,153
Iil9,749
18,047
150
150
2,583
2,453
14,564
2,445
24
24
5,811
123
35
33
4,032
57
2,041
1,824
79
79
1,246
22,814
1,500
2,401
2,664
57,452
51,624
92,673
78,035
358
..
Phil-del'a,&o
Totals
80
92,589
78,860
In order that comparison may be made with other years,
give below the totals at leading ports for six seasons.'
Seceiptt at—
1890.
1889.
1888.
1887.
Galv'8ton,<kc
26,099
10,453
3,703
22,084
12,701
4,495
4,611
5,506
2,934
18,587
9,289
3,955
20,709
2,583
10,924
2,573
1,485
17,736
4,200
20,265
5,803
24
35
1,061
1,014
2,041
229
24
147
19,965
13,867
2,227
26,432
14,545
3,243
2,021
1,207
1,930
New Orleans
Mobile
I
1
3
Philadelph'a,<tc
6-95
January delivery
c.
6-95
6 95
f
6 92
Pork has declined to $11 35® $12 for new mess—the most
decided effect of the great failure. Pickled meats are easier.
Cheese has advanced to 9^a9J^c. for State factory, full cream,
but the close is duU and weak.
Coffee on the spot closes quiet at 19c. for No. 7 Eio, with a
moderate business in Java at 24i^@ SSJ^c. Rio options have
been drooping under full receipts at Brazil ports, and to-day
further decUned, closing steady, with sellers as follows
September
17-75c. December
16-600. March...
15-700
October
17'25o. January
1600c. April
15-30c'
November
16-75o. February
15-75c. May
V.!'.!'.ll5-30e!
the distant options showing some decline from last Friday
Raw sugars were very active yesterday and to-day and
I
1
2
Lard on the spot has been quiet, and prices are without decided change, closing at 6c. for prime City, 6'45 (a6'47}^c. for
prime Western and 6-45@6'90c. for refined to the Continent.
The speculation in lard for future delivery has weakened for
the distant options, but closes somewhat steadier in tone.
DAILT CLOSraa PBICBS OF LABD FUTUSBS.
Sal.
Hon.
Tut*.
Wed.
6-43
6-42
September deUvery
o.
644
Sj
250
Baltimore
102,740
78,10C
6,047
None.
345,100
418
6,378
4,360
602,400
25,909
9,672
500
4,492
3
4,611
5,256
New York
226,tt29
None.
7,450
97,000
6,707
10,000
102,525
of
1890, of 27,236 bales.
1,
Wed.
Tues.
5,101
4,999
Savannah
position, but the event
is
at—
El Paso, Ac...
New Orleans...
Mobile...
Florida
&
The following
showing an increase since Sept.
Galveston
same period
51,624 bales for the
against
78,860 bales,
Savannah.
..
|
Charrst'n,<fcc
Wilm'gt'n,&c
Norfolk...,
prices have improved. Muscovado closes at 5 T-ie-aSUc for
fair refining and centrifugal at 6 1-16(8 6i^c. f or ge'deg.
test.
W't Point,
Al'others
The
sales to-day embraced Muscovado, 87 deg. test
at 53^?a
5 7-16c.; Brazil, 82 deg. test, at 4=^c., and centrifugal, 96
deg. test, at 3 ll-16c. Refined sugars are active and
dearerstandard crushed 7 3-16c. and granulated 6j^c. The tea
sale
went off at full prices, the offering being a moderate one
&o
we
1885.
1886.
14,590
6,219
1,409
18,099
8,385
1,013
1,609
291
11,155
3,270
195
328
157
6S0
1,114
1,076
Tot.thisweek
92,589
57,452
39,164i
85,437
42,581
53K»80
Since Sept. 1.
78,860
51,624
39,164
100,956
54,344
75,849
The exports for the week ending this evening reach a total
Kentucky tobacco has been quiet—Sawyer, Wallace & Co of 34,788 bales, of which 34,619 were to
Great Britain,
were a leading house in this staple. Seed leaf is active,
and to France and 169 to the rest of the Continent. Below are
Bales for the week are 4,370 cases, as follows: 850
cases 1889 the exports for the week, and since September 1. 1890.
crop. State Havana, lli^ to 13c.: 520 cases, 1889
crop. New
England Havana, 13 to 3.5c.; 400. cases, 1889 crop. New
Tl'eek Ending Sept. 5.
From Sept. 1. 1890, to .Sept. 6, 1890
EneExported
j^j^pyr
ifu to—
vu~~
Exported to—
ExDorta
^^^8 "°P' Pennsylvania seed,
°*'^'i'Sf''
^Uf^ui}^*^J^''
Sreot
Oonti-' Total
Great
Oontifrom—
^889 crop, Pennsylvania Havana, 12
"
'^''^•
BrU'n.^'^' nent.' Week. Britain.^''''^' mint.
?K-^
to
13c.;}^-l
SCO ca^es, ?alo*'
1889 crop, Wisconsin Havana,
Q^ to 12c.;
]
'.
'
'
I
:
I
\
500 cases, 1«89 crop, Ohio seed, 7J^ to 10c.
Galveston.....
300 cases 1889
to 18c.; and 40o1ases sundries,
6 to 25c
TP•^Po"/"^ U'^
'""*'
tl^.^o el 50
On the Metal Exchange
*"*
^^
^•''
'"'^
;
Straits tin closes firm,
Savannah
r ....
X
|
......,,.
I
1,9M
1,M4
^,044
ie,(»aOi
8,788
Si,733
.....
Wilf^'t'
y;;;;;;
......
...y..^
i,iao
...,<;4 ,.»«...,|. ]„8»oj
Wilmington, j.
'
Norfolk
West Point....
N*port Nws, *c
at $15 50 on the spot and $15 75 for
November.
have been active at $25 50; new held higher
Old rails
New York.... „!
quoted at 7-35c. "in bbls shinnin!? Boston
order; 9-20C. in oases; crude in bbls..
Baltimore
7-35c
nai^htha 7?40r^
Spints turi^ntine is dull and easier
PMUUelp'a.4c
at 39i^,a40^^ Roslns^r;
?^*'^*1 petr<^eum
ieA«»i
'
!
../.
Brunswick...*.
Charleston.,..
with sales
Domestic
Orleans.!,'
Mobile.
^''^ ^""^^ Sumatra,
of
80 tons for September at 22 1.5c., but quoted
21-90c. for Noetnber. Ingot copjier is nominal at 17c. for
Lake.
•
New
4,844
^Z\
['.'.Zi
i,a90|
'.'.Z.'3
80' 11,6151
11,165
119
is
1,890
7.817
7.817
119
119
•
steadier at $1
40®1 471.^ for strained. Woo hi bettefdemand
Hoi« rather tend upward, choice of 1889
bringing
39c
O'otBl
:•
Total. 1889....
^1,619
....'.-.'
26,289
1,305
^m
si.TSS'
l,&i6
28.2391
•
-
-1
17,781'
.
20,12ll
i.ioe
119
^.•«03
1,646
22,971
.
,
Sbptbmber
1
In addition to above exix>rt8, our telograina to-ni^lit also
give U8 the following amounts of cotton on shipboard, not
add similar flgiin-s for
cleared, at the iM>rt» named.
New York, which are prepared for our special usa by Messrs.
Carey, Yale & Lambert. 24 Beaver Street.
We
On
Stpl. 6,
a(-
SMpboant, not tltartd-'for
Ortal
Fratiet.
Nuw Orleana...
4.707
MobI.e
CUarleston ....
None.
9.000
6.000
100
None.
None.
None.
None.
None.
None.
None.
The Balks and Friceh or Fittures
5.650
3.000
3.400
3.000
New York
Other ports
are
shown
bjr
tha
following comprehenaive table:
I
2
di4
i^^l i»ll
s
11.2?
ii.2|
»>wS? »'.aS5
Othrr
CoattiriM.
Eli
lin
«.-(S^
ll?|
"wS-
StiKk.
ToUri.
3:
:
Qalveaton
Norfolk
307
Leatino
BrUaiH.
Bavannab
.
IHE CHRONICLK.
1-90.;
6,
1
1
None.
None.
None.
None.
None.
None.
None.
1,000
348
None.
None.
5,245
None.
10,500
0.200
10,584
3.500
3,400
4,000
None.
1.500
3.200
4,925
500
4.350
:9:
'J.317
4.064
ll),549
*
*
!».:I77
532
9.840
5.215
Total 1890...
34.856
100
1,000
10,473
46,429
46,244
Total 1889...
Total 1888...!
18.919
15,858
4,428
1,272
3.047
7.575
8,370
5,950
34,773
30,655
43.262
151.093
Tlie speculation in cotton for future delivery at this
1-
2m m
£
ftM,fc«
5
I
I
I
I
I
I
II
I
!•:
:
market
1
opened the week under review quite depressed in tone, with
prices slowly but steadily giving way. Monday was a close
holiday. On Tuesday the failures of Steinttrand at Liverpool
and Schaefer at New Orleans were made public, and a reaction
followed, on a demand to cover contracts. But the short interest proved to be small, the Southern markets further
declined, foreign advices were depressed, receipts at the ports
were large, and the weather at the South all that could be
desired for ripening and securing the crop and after the
last call on
Wednesday, a fresh selling movement set
in, which caused renewed weakness In values, attended
on Thursday morning by a sharp decline in sympathy with a
fresh break, espscially in the early months, at Liverpool,
where September options declined 10-64d. and October 6-64d.
To-day a momentary weakness in the early months was
followed by an active, buoyant market, there being a general
demand to cover contracts, many orders to this effect having
been received over night from the South; but the close was
hardly up to the best figures. Cotton on the spot decUned
l-16c. on Saturday and on Wednesday n^w cotton was offered
from the wharves at l^c. below current quotations. On
Thursday quotations were changed from old to new cotton,
and reduced Kc, an actual decline of l-gC. To-day the market was steadier, but quiet, at lO^^c. for middling uplands.
The total sales for forward delivery for the week are .565,500
bales.
For immediate delivery the total sales foot up this week
16,141 bales, including 13,577 for export, 2,564 for consumption,
for speculation, and
in transit. Of the above
bales
were to arrive. The following are the official quotations for
each day of the past week August 30 to September 5.
00 5 So ^ 00 5 ?9 -7
cow 9 i^i 2
rtoW OSCOIC'^
».";
®»:
h-OM h-h-CCM
0000 000
COCO ceo
1-1
u«
tc*-*
—
838
lb.
SI?"
9"l6
8%
8%
8is.,
8i-*i«
j
9";«
I0i3,e
MO
,
11 "4
il'te
11>4
^>
96,«
ll'S
11^8
11^6
«?9
MO
y
Ordinary
Strict Ordinary
Good Ordinary
Strict Good Ordinary
Low Middling
Strict Low Middling
Middling
lb.
8»i6
10%
•a
11
llSis
ll'is
Good Middling
Middling Fair
11%
Fair..
121,9
12»,.
STAINED.
^^Ib.l
I
Low Middling
Middling. .:.
8%
8H
S\ HoU9U,, day.
llOiji
105,g
1041
9J3
9i6,e
MO
do
00
IJ
lOfO
2
tow
®.":
I
OC
2
9
of.
I
105,8
MO
tiio
Om
g
^
2
^
K!tO
tCM
00
MM
too
03
ex
CO
MM
r
00
2
81s
9»I6
8%
o
IJ
2
loto
2
CIC/'M^
"^
Mli
IJ
00
5
2
ti>o
Ml2
C-.lf
©p:
MMCOM
00
MM
»o:
lOia
!5
2
^
1
port.
Con-
Bump,
tit.
!Qulet at 1,6 dec. 13,577' 1,461
I
Tues. Dull and eaav..!
•...
Wfd.E.-u,y
Tlnir. g-t A8t'dy,%dc.i
M
CO
'
-J
1311
369
171
432<
».«:
MMrfk.I
OOCO
coco*co
M
CO
5
coco
2
S.»-:
MMCOM
OOOO
M
^
!J
MMiM-2
I i
•<
I
coco
0x1
9!
:
MMUIM
1
€1
coco® Co
.vjoD
cob
00
2
"^
o
:
0000 coco
MolOcj
'
e
2
2
"
coco
OOP©
X
1
1
M CM
mI
:
®m
I
d:
I
:
.
I
I
I
d;
I
I
I
1
1
I
:
I
ii
^
9I>,8
FtlTURBS.
mieeriet.
«;
EB**
171 14a,S00
4321177,500
.il6.141|o65,50<)t
.
* Inolndes nales In September, 1889, tor September, 147,600: September-October, for October, 640,600! September-November, for November
636,200; Septcmbor-Dccember, for December. 957.20J; September
January, for January, 1,570,100; September-February, for February,
1,123,100; September-March, for March, 2,236,900; September- April,
for April, 1,553,600; September-May, for May, 1,813.700; SeptemberJune, for June, 1,830,100; September-July, for July, 1,633.800.
We have
week to
1311 93.200!
3<!9| 85.6001
tlie
1:
Included In the above table, and shall continue eask
I
average price of futures each day for each month.
' Aver." Th
will be found under each day following the abbreviation
average for each month for the week Is also given at bottom of tabla.
1.: Tae«4ar
Transferable Order*— Saturday,. 10-60C.; Monday.
10-55C.; Wednesday. lO-SOe.; Thursday, 10-33c.; Friday, 10-40o.
59,400,
dellverie* riven above are actuaUy deUvered
Vrevlou* to that en wUioh they are reported.
<
SSmS
MU»
10%
I
13.57"! 2,564
a
MM
0J<1
I
7%
8%
Sales.
15,038
'=9
00 4
MM 2
CO JDM"^
COU
2
1
oa
coco
I
.Hoi iday
.
'..'.'.'
I
Total.
*OCO*M
<IO QD
a
o
OS
1
8,*':
M
COCO^M
^o
Tb. Frl.
Spec-<Tran-\
tit't'nl
2
^
coco
S.VLES.
8ALK80F SPOT AND TBASSIT.
t:-^
B«:
1
91a
915,8
total sales and future deliveries each dav during the
are indicated in the following statement.
For the
convenience of tlie reader we also add a column which shows
at a glance how the market closed on same days.
Ex-
2
1
(OM
8%
The
week
SPOT MABKET
CLOSED.
ooco
O
M IC <^ M
^CD
S®;
MmC. M
«.*:
1
CO
i^^cn
M
Ifl
»r:
MMODM
I
or":
ii".
MMOM
COOO COOO OCOO
OOOO
coco®co
MM°M MM®M coco°eo
Mrfk
CO
CO
MM b M
b,
00 5
00 5^ 00 5
(iii
81,8
I
loco^ti
00
1
COfOM'i
I
ccoo
00
1
00
2
MMCOM
l^«>'
1
10%
I
loto
=
9\
9»16
IQie
2
-to
MMOM OOOO ocoo
0000 occo
•o»ii©M MM®M MCO^"=co coco*ci
MM^
<1
1^:0
o OM O
MM
^ MM
CO
00 5 00 j>
5
MMCJIM
10%
7%
8%
8%
8%
911,6
>.
IJ
coco
1^
MOM
000 OOOO
,
oeo
i-r-.
103,8
lO'ie
10%
10%
o
00
cico® CO
ei?>:
e?:
MMCOM MMOJM
ooco^
Mli^M
1
I
o»o
•-M
MMO,^
0000
1
I
OOOO
9'ie
,
0000
2
!5
8«>;
I
The daily
2
11
10% ilO%
H»16 11'16 101»,6ll01»ig
ll'ie ll'is ll>ie 111,6
11% 11% III4 III4
121,8 121,6 liu,einii,e
12»,. 123,« 123,„ 123,8
lOifl
I
MARKET AND
Total!
2
11
non TneajWedl
Sat.
Good Ordinary
Htrlet Good Ordinary
8'i«
9
9'9
105ig
.Middling
rrl...6uady
Ol^
u
occo 0000 0000
CM^O
01^ CO XtO CO
im
8»i«
9
Strict
Mon
<
2-"^'m
'
12% 12% 12
12
Sat. IHoniTnea Wed Tb. Frl.
GULF.
MMOJM
CXi-'
cj>
e^:
MMOM
MMOM
0000 0000
OOC© ocp©
MM^M
CM*M
CJt^
Kl
COCO o
»,":
I
11'4
10'8
lO's
ll'ig lUlB 11 Ws
lllj)
ll's
12%
.
2
,-Mi^M
MM
10%
Fair
Sat
®
w«
SI.*".
I
It'
8
10% lOia
9\
lOXi, 10»,, 10 i«
lOiiia lOiJit 101i6
lOifl
'lO^tt
Middling.
Good Middlng
fltrtct Good Mid.uiug.
k
2
c;«
I
RfonlTnea ITed' Tb. Fri
Sat.
$
Middling
Good
-I
9
00 00""'
*r:
MM|»-M
MMOM
OOOO ocgo COOO COCO
mh-Om
ieo*M
CM 10
CO-J
»)tO
C3
00 5 MM
©O ^
00
IJ
—
UPLANDS.
Middling Fair
O
--I
^ CO
1^
Ordinary
Strict Ordinary
Good Ordinary
Strict Good Ordinary
Low Middling
Low
1*^
oioto"'
=8
—
Strict
w
MM
;
—
gtu«
I
day
•
give, the
The following exchanges have been made during the week
-10 pd. to exch. T0» D«c for 3J«k.
•« pd. t« exch. 200 Not. for Oct.
I
:
.
.
IHE CHRONICLR
808
Thk Visible Supply of Cotton to-night, as made up by cable
telegraph, is as follows. The Contiaental stocks, as well as
those for Great BriUin and the afloat are this week's returns,
and consequently all the European figures are brought down
to Thursday evening. But to make the totals the complete
figures for to-night (Sept. 5), we add the item of exports from
the United States, including in it the exports of Friday only.
1888.
1887.
1889.
1890.
bales 624,000 459,000 316,000 487,000
Btock at Liverpool
38,000
22,000
15,000
23,000
Btock at London
and
647,000
3,800
23,000
4,000
481,000
2,600
19,800
6,000
331,000
3,400
27,800
6.000
200
300
300
700
1,000
Galveston...
15,000
71,000
3,000
41,000
3,000
3,000
Total Continental stocks
192.000
163,700
193,200
312,500
Total European stocks.. ..
India cotton afloat for Europe.
839,000
68,000
43,000
6,000
92,673
12,106
7,723
644,700
55,000
37,000
4,000
78,035
10,299
3,345
524,200
50,000
30,000
13,000
184,748
13,581
2,670
837,500
100,000
58,000
22,000
129.049
26.254
3.964
1,068,502
832,379
818,199
1, 176,767
Amer. cott'naflo!>t for Europe.
Ecypt, Brazil, ,4c., afltforE'r'pe
Biock lu United States ports
Stock in U. 8. interior towns..
United States exports to-day.
.
Total visible supply
179,000
2,000
26,000
5,000
6,000
Ainerica7i
lilverpool stock
Sew Orleans
Mobile
Savannah
.
.
Charleston.
(Vilmington.
.Norfolk
Of the above, the totals of American and other descriptions are a s follows
CLOSINO (jnOTATIONS TOR MIDDLING COTTOS
Ifoit.
10%
10%
10%
10%
lOk
1018
1014
10
10
10
10
10%
IOI4
10»6
10>4
1018
10^8
lovi
1012
10
10®10l8
11
11
11%
PhUadelphia
Augnsta.. ..
ll^e
9^8"
Ills
IJia
Memphis
10=8
10*8
Ilia
Louis
Cincinnati..
8t.
10
176,000
96,000
30,000
184,748
13.581
2,670
237,000
140,000
58,000
129.049
26,254
3,964
1114
..
il8.000
43,000
92,673
12.106
7,723
536,502
464,679
496,999
594,267
341,000
23.000
94.000
68,000
6,000
213,000
22.000
73.700
55,000
4,000
146,000
15,000
97,200
50,000
13,000
250,000
38,000
172,500
100,000
22,000
finally reaches the
532.000
536.502
367,700
464,679
321,200
496,999
582,500
504,267
Aug.
United States stock
United States interior stocks..
United States exports to-day.
Total American
Bast Indian^ Brazil, dc.
—
Wverpool stock
London stock
Ckintiiiental stocks
India afloat for Europe
Egypt, Brazil, Ac, afloat
Total East India, &c
Total American
Total visible supply
Price Mid. Upi., Liverpool...
Price Mid. Upi., New York...
1,068,502
832,379
5i».fid.
634d.
818,199 1,176,767
ll%o.
imports into Continental ports this
10580.
5i--i,ed.
5', d.
lOiieC.
lOisc.
week have been
At the Interior Towns the movement—that is the receipts
for the week, and since September 1, the shipments for the
week and the stocks to-night, and the same items for the
corresponding period of 1889— is set out in detail in the
following statement.
sow
^
Q>-
-P 3
3! p
S' = =r
o-9 S
c:as
4
oi *-
33
9%
I
movement from the
WeOt
8m
3
ft
ft
>
-GC^lXOO0301^#.'K-O(0Cr-(fi,-t0f4a.
WW*..' Hxi..K';iC;i
SJS,"^" "
cuowooicjicKotSwo odJomPuu
:0ft
W*4
•8 SS
s. s-
o
K
Otc;
ccoicDoo
•
<]Mi(h
MMIOMWOa'ikMCJrfk
MMW. M00h-<10053lSw0ffl»»
-
-(0
ODCn
.^1
WWU^
QD
1..
,
•
Oik;
w
ea
»•
^.Q'umoiu.
"Kii™"
liH."'^"'"''
Till*
4
"net" la both reui.
'
'•
year eatimatod.
•
m«>o*mu«
11%
9'8
IOI4
10
10%
1014
10%
10%
„
11%.
9%
«'8
10
10
10»8
Sclma
9%
Shreveport
aii
"
"
"
plantations of that part of
1890.
1883.
6,384
911
2,59fl
laas.
1888.
I
7,848
7,390
6,789
6,815
8,863
15.308!
9.915
1,010
1.419
20,386
1,406
8.766
28..
18,617
6,532
£9..
23.639
89.164
27,709
14,296
42.810
92,689
18,244
15,991
67,462
1890.
7,436
19,149
S..
1889.
9,168
8.
Sept.
tlie croii
wliicb
outijorts.
23,685
18..
1&.16&
17,828
1.
1,90«
7,207
8,904
8,727
11,979
18,281
22,803
17.767
18,895
41.637,1
1889.
I
1890.
412
21s
778
918
3,830
6,349
29,229
16,398
46 836
68,492
99,505.
j
—That the total receipts from
since September 1 1890, are 84,143 bales; in
bales; in 1888 were 41,837 bales.
2.
That, although the receipts at the outports the past week
were 92,589 bales, the actual movement from plantations was
99,505 bales, the balance going to increase the stocks at
the interior towns. Last year the receipts from the plantations
for the same week were 66,492 bales and for 1888 they were
41.837 bales.
the plantations
1889
,
were 56,947
—
Weather Reports by Telegraph.- Our telegraphic reports this evening are generally of a very satisfactory characThe weather has been quite favorable, and i>icking is
ter.
progressing rapidly. The crop is being freely marketed.
Galveston, Texas. The weather has been dry all the week.
The thermometer has averaged 88, ranging from 76 to 90.
Rainfall during the month of August three inches and ninetyhundredths.
—
It has been showery on one day of theweek, the rainfall reaching eight hundredths of an inch. The
thermometer has ranged from 61 to 95, averaging 78. August
rainfall two inches and five hundredths.
Huntsville, Texas. We have had dry weather all the week.
—
Average thermometer 77, highest 90, lowest 64. August rainfall four inches and seventy-eight hundredths.
Dallas, Texas. There has been no rain all the week. The
Texas crop east of the Trinity river and also all north of latitude thirty-two is very fine. South of thirty-two and west of
the Trinity river there has been more or less loss from drought,
and while in this region there will be no top crop, the "bottom
and middle crops are good. The thermometer has averaged
82, the highest being 94 and the lowest 70.
August rainfall
one inch and sixty-eight hundredths.
San Antonio, Texas. — There has been one shower during
the week, the precipitation reaching twenty-three hundredths
of an inch. The thermometer has averaged 80, ranging from
66 to 94. During August the rainfall reached twenty-seven
hundredths of an inch.
Luling, Texas. It has rained tremendously on two days of
the week, but rather late for best results. Still the prospect
is that as much cotton is already made as can ever be picked.
The rainfall reached two inches and forty hundredths. The
thermometer has ranecd from 67 to 93, averaging 80. Rainfall during August sixteen hundredths of an inch.
Columbia, Texas. Cotton is good but corn rather poor. No
rain has fallen during the week. Average thermometer 78,
highest 88 and lowest 64. During the month of August the
ramfall reached one inch and fifty-one hundredths.
Cutro, Texas. We have had one good shower during the
week, but too late to help cotton. The precipitation reached
forty hundredths of an inch. Picking is active. The thermometer Ims averaged 77, the highest being 96 and the lowest
58. Dwing August the rainfall reached thirty-two hundredths
of an inch.
BTtn^am, Ttx<u,—lX has rained two days, splendidly aad
—
a
11%
10
market through the
—
oaokowbatooiowo
101
1058
9!i
.
Natchez
—
u
0«K,
10%
.
—
to:;',
1014
101»,8
1091
958.
10
lOhg.
Receipts at the Ports. St'k at Interior Towns. Rec'pts from Plnnt'ns.
1888.
five
t»-l
tc 31 a* 03
9=8
10
10
Receipts From the Plantations.— The following table
indicates the actual movement each week from the plantations.
The figures do not include overland receipts nor Southern
consumption; they are simply a statement of the weekly
Palestine, Texas.
.
tots
.-*
o
4
o
or
^sSS".
E; p.
10
10
10
10
H
11
III4
3S8
10
10
—
3 P
E
'" ~2" =- c'E
?3'0£
C .1 O C3 (J
op
'P
t
w
10%
11%
The above statement shows:
The above figures indicate an increase in the cotton in sight
to-night of 236,123 bales as compared with the same date
of 1889, an increase of 250,303 bales as compared with the
corresiwnding date of 1888 and a decrease of 108,265 bales
as compared with 1887.
10%
Nashville
10
Eutaula
•'
7,000 bales.
*-
101a
Ilia
III4
I
Colnmbus,Mi8s
American
H H
IOI4
Fri.
9''8
10%
The closing quotations to-day (Friday) at other important
Southern markets were as follows:
9%ai«
10% Raleigh
Atlanta
10% Little Rock ...
Columbus, Ga.
O^e Rome
9% Montgomery
9%
Louisville.
Coutinentalstooks
afloat for Europe...
10
9-'8
10%
OK—
Thurs.
1
g'^s
IIM
—
TTfrfiics.
10
Baltimore...
Boston
246.000
90.000
37,000
78,035
10,299
3,345
0~ The
Tuts.
Satur.
.
283.000
bales
—
Quotations foe JIiddlinq Cotton at Other Markets,
In the table below we give the closing quotations of middling:
cotton at Southern and other principal cotton markets for eac5
day of the past week:
ffeek ending
Sept. 5.
3,000
106,000
3,000
42,000
4,000
3,000
91,000
3,000
45,000
6,000
10,000
The above totals show that the old interior stocks havfr
increased during the week 4,416 bales, and are to-night 1,807
bales more than at the same period last year. The receipts at
the same towns have been 15,287 bales more than the same
week last year, and since Sept. 1 the receipts at all the towns
are 11,133 bales more than for the same time in 1889.
523,000
4.800
62,500
20,000
200
Total Great Britain stock.
Stock at Hamburg
Stock at Kremen
Stock at Amsterdam
Stuck at Rotterdam
Stock at Antwerp
;
Btock at Ha\TO
Stock at Marseilles
Stock at Barcelona
Btock at Genoa
Btock at Trieste
[Vol. LI.
I
-
Septkmber
6.
THE (CHRONICLE.
1890.]
The rainfall reached one inch and thirty-eiKht
hundreiltlis. The thermometer hiiH averaged HO. ranji^inK from
67 to 02. DuriiiR the month of August the rainfall reached
Ibeneticiallv.
one inch and Hixty-eight hundredtha.
—
Belton, Te.ros. Picking i.s active. Rain ha.s fallen on one
of the week to the extent of ten hundredths of an inch.
The tliermometer has ranged from 83 to 96, averaging 79.
August rainfall, thirty-four nundredtlis of an inch.
\\'eather/or<i, Teaxi-i.—Vry weather has prevailed all the
week. Picking is active. Average thermometer 80, highest
»6, and lowest 84, Rainfall for August, forty hundredths of
lUDU COTTO.N MovBMKNT FROM ALL fOBT9.— The receipt*
and shipments of cotton at Bombay have been as follow* lor
the week and year, brioKing the figures down to Sept. i.
BOMIIAT HECEIPTS AXD aHIPMIENTII FOB ruUB TEaU.
SMpmtnlt
day
au
inch.
— We
have had rain on two days of
Aeic Orleans, Louisiana.
the week, the precipitation reaching one inch and thirteen
hundredths. The thermometer has averaged 78.
Shreve}>ort, Louisiana. Telegram not received.
Columbus, Mississippi. Rain has fallen on one day of the
week, the precipitation reaching thirteen hunilredths of an
inch. The thermometer has ranged from 54 to 86, averaging
August rainfall, six inches and seventy-two hundredths.
71.
Leland, Mississippi. Rainfall for the week five hundredths
of an inch. Average thermometer 75-1, highe.st 92, lowest 01.
Bainfall for August two inches and fifty-five hundredths.
Vicksburg, Mississippi. Telegram not received.
Selena, Arkansas. Cotton looks superb except on overPicking ha.s
flowed bottoms where it is too large and green.
commenced. No damage by worms reported. It has rained
verv lightly on two days of the week, the rainfall reaching two
hundredth's of an inch.
have had a light rainfall (four
Little Mock, Arkansas.
hundredths of an inch) on one day of the week. Crop reports
contiwie very favorable. Average thermometer 76, highest 90
and low«<t 63.
Memphis, 7'e«n«»see. —There has been no rain at this point
during the %vt'ek. but in the immediate neighlx)rhood li^ht
showers have fallen. Cotton is oiiening rapidly and picking
will be general in a week. Prospects good. Average thermometer 72, highest 86. lowest .59.
Nashville, Tennessee. There has been no rain aU the week.
The thermometer Ims ranged from 54 to 85, averaging 72.
Mobile. Alabama. Crop reports conflict
some are favorable, but others complain of damage by rust and boll worms.
Rain has fallen on four days of the week to the extent of
sixty-eight hundredths of an inch. The thermometer has
averaged 77. ranging from 64 to 90. During August tlie
rainfall reached lour inches and seventy-nine hundredths.
Montijomery, Alabama. The weather has been cloudy and
warm with rain on three days of the week. The rainfall
reached forty-one hundredths of an inch. Cotton is moving
freely, but the Alliance men, since late decline, advise farmers
to hold back. The thermometer has averaged 75, the higliest
being 8S and the lowest 62. During the month of August the
rainfall reached four inches and seventy-three hundredths.
Selma, Alabama. Rain has fallen on three days of the
week to the extent of forty-six hundredths of an inch. The
thermometer has averaged 75, ranging from 62 to 88. Rainfall during August three inches and thirty hundredths.
Auburn, ..4/o6amo.-~-Telegram not received.
have had rain on three days of the
Madiion, hlorida.
week, the rainfall reaching two inches and thirty -five hundreiltlis.
Average thermometer 79, highest 93, lowest 68.
Columb>is, Georgia. Rain has fallen on two days of the
week to the extent of fourteen hundredths of an inch. The
thermometer has averaged 76, the highest being 82 and the
lowest 66, During August the rainfall reached two inches
—
—
—
—We
—
—
—
—We
—
«nd
sixty-six liundj-edths.
—
Savannah. Georgia. We have had rain on four days of the
week, the rainfall reaching five inches and ninety-seven hundredths. The thermometer has averaged 76, ranging from 66
_
.
Shipment itnee Jan.
|
Great
Britain
,
Total.
Continent.
Reeelplt.
1.
Blnee
rhit
Week.
Total.
Jan.
1.
1890 l.OOO 4,000 .%,000 339.000 ln2700oll, 366,000 3.000 1,871,000
1889 1,000 6,000 7,000 aoi.ooo n:i(i,(MK) i,i»7,ooo 4.O0O l,702.(X»O
2.000 'Jl 1,000 (iO.'i.OOOi 816,000 3,00« 1 ,284,000
1888 2,000
4,6o6 4,000^301, 000, ««1.0001 1,022,000 .5.000:1,452,000
1887
According to the foregoing, Bombay appears to show
A decrease compared with last year in the week's receipts of
1,000 bales and a decrease in shipments of 3,000 bales, and
the shipments since January 1 show an increase of 169,000 bales.
The movement at Calcutta, Madras, and other India ports for
the last reported week and since the 1st of January, for two
years, has been as follows.
"Other ports" cover Ceylon,
Tuticorin. Kurrachee and Cocoiukda.
Shipments for the week.
Shipments since January
Oreat
Oreat
Britain.
Continent.
\
Britain.]
Total.
Continent.
1.
Total.
Calcutta
1890
1889
1,000
1,000
24,000
33,000
102,000
44,000
126,000
77.000
8,000
2,000
i'.ooo
8,000
3,000
45,000
43,000
6,000
6,000
51,000
49,000
5.000
6,000
2,000
1,000
7,000
10,000
73,000
53,000
44,000
33,000
117,000
88,000
13,000
8,000
3,000
5,000
16,000
13,000
142,000
131,000
152.000
83,000
294.000
214,000
Madras—
1890
1889
AU others—
1890
1889
Total all-
1890
1889
The above totals for the week show that the movement from
the ports other than Bombay is 3,000 bales more than the same
week last year. For the whole of India, therefore, the total
shipments since January 1, 1890, and for the corresponding
periods of the two previous years, are as follows:
EXPORTS TO BCnOPE FROM ALL INDIA.
;
—
IhiM week.
fear Great VOHliBrtVn. nent.
—
—
309
1880.
1890.
1888.
Shipments
to
alt
Europe
This
from—
Bombay
AU other ports.
tvceh:
Total
This
week.
Since
Jan.
1.
1
1
Since
Jan.
1.
This
week.
7.000 1,197,000
214,000
5,000 1,3(>(!,000
16,000 29i,000
13,000|
21,0001.660,000
20,000 1,411,000
Alexandria Receipts and Shipments.
Sinee
Jan, 1
816,000
186;000
2,000;
4.000|
6,00011,002,000
—Through
arrange-
ments 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
corresponding week of the previous two years.
Alexantlrid. Efiypt,
Sfjitcmbcr 3.
1890.
Receipts (eantars*)
This week
Since Sept. 1.
1889.
'i
12,000
12,000
This
1
7,000
7,C0O
5,000
5,000
Since
loeck. iScpt.
1898.
j
This
Sinee
week. Sept. 1.
\
I.
1
Since
Thi»
week. \Sept. 1.
1
Exports (bales)—
To
1
LiveriKtol
ToCoutineiit
Total Europe
1,000
i",oo6
i',606
1,000
1,000,
1,000
1,0001
1,000
1,000
l/)00
1,0001
1.000
A cautar is 98 pounds.
to 89.
Manchester Market. —Our report received by cable to-night
Anjusta, Georgia. — The weather has been warm and cloudy from Manchester states that the market is easy for yarns and
with good general rain.s on four days. The rainfall reached steady for shirtings. The demand for both home trade and
*
ninety-seven hundredths of an inch. Accounts from the crop foreign markets is improving. We give the prices for to-day
are better, rains having been beneficial. Outlook is therefore below, and leave those for previous weeks of this and last year
improved from last report, and indications are that a good for comparison:
crop will be gathered. The thermometer has ranged from 65
1889.
1890.
to 90. averaging 76. During August the rainfall has reached
two inches and twenty-six hundredths.
Cotm
8I4
8«4 lbs.
32;Cop.
lbs.
82* Cop.
Mid.
Charleston, South Carolina. It has rained on four days of
^"fS'
ShirHiig*.
2^""'Shirtings.
Twist.
Upldt
U^s\
the week, the precipitation reaching two inches and ninetyfive hundredths. Average thermometer 78. highest 90 and
s.
A.
8.
d.
d.
8.
d.
d.
a.
d.
d.
d. s. d.
*
1
—
I
lowest
68.
Stateburg, South Carolina.— It has rained on four days of
the week, the rainfall reaching four inches and eighty-nine
hundredths. The thermometer has averaged 71-8, the highest
feeing 85, and the lowest 61-7. Rainfall for August seven
inches and seven hundredths.
Wilson, Xorth Carolina.— 'Hwrc has been rain on one day
of the week, the rainfall reaching one inch and fifty-four hundredths. The thermometer has averaged 74, ranging from 63
AUK.1|8'8
" 8 8=8
" 15 85r
" 22 SJa
" 29 81a
Sopt.S 8%
Sept. 4. '90.
Sept . 5. '89.
Feel.
Feel.
Above low-water mark.
4-4
Above low- water mark.
9-3
Above low-water mark,
4-4
W^v^port
Above low-water mark
2-7
Victslmpt
.Above low-water murk
10-3
*«!£.—Keporte are now mude la feet »nd tentlu.
4-6
6-1
8'8
4-7
8-4
Wew Orleans
"?
w
aaslivUle
Ill
419
a>7
®7
5
5
4>-.i»7
4.H-a>7
3
3
6
'<*8i:'i»
»8'8
6 5
6 5
IfS^
6
6
«8<>8
6
»8^
5
5
5
•838 5 11
6Ui6 715ig®8'i«5 11
6ili« 7'8
6U„8
6%
ai8ia
181iK«8'i6
;6
'6
63,8 8li«»8»,e (6
5is,«l8i,6«8''ie |6
—
®7
®7
«7
«7
©7
»7
1
'2
2
2
ek
f*
638
^"?
e^s
e%
Our annual Cotton Crop Review
Cotton Crop Circular.
form about Thursday, the 11th of
will be ready in circular
September.
The following statement we have also received by telegraph,
showing the height of the rivers at the points named at 8
o clock September 4. 1890. and September 5, 1889.
®7
®7
88'8
Parties desiring the circular in quantities, with,
their business card printed thereon, should send in
orders as soon
their
as possible, to ensure early delivery.
Jute Butts, Bagging, &c.—There has been a more active
for jute bagging the past week, at firmly mamtained
demand
prices, viz.: 5^^c. for 1}^ pounds, G'^c. for 1^ pounds. 6>,c. for
2 pounds and fs^c. for standard grades. Jute butts have sold
only to a limited extent, but prices show no appreciable
change. Quotations to-night are IJifc. for paper grades and
2c, for bagging quality.
— —
—
.
.
.
.
..
THE
310
.
CHROiSlCLE.
LVoL. LI.
Below we add the clearances this week of vessels carrying
Exports of Cotton Goods from Great Britain.— Below
the exports of cotton yarn, goods, &c., from Great cotton from United States ports, bringing our data down to
Britain for the month of July and since October 1 in the latest dates:
1889-90 and 1888-89, as compiled by us from the British Board New Orleans— To Liverpool— August 30— Steamers Governor, 6,15
Testa, 7,037.
of Trade returns. It will be noticed that we have reduced Boston— To Halifax—August 30— Steamer Halifax, 44,
the movement all to pounds.
we give
Octton freights the past week have been as follows:
iamAlhrtad.
omitted.
I
7otaI of AU.
Cloth.
•89-90.
Lb$.
23,»47 28,01(1
Oetotwr
KOTember...! 23,914 22.037
December...' i)0.S08 22.176
Yds.
423,446
rds.
462,527
427.762!
435,840
888.699
395.834,
Uu.
Lb!.
74.682
75,443
69.81 1
83.0391
97,929
Lba.
109,049
78,248
99,35
100,285
71,530
80,119
93,768
287,405
303,000
99,522
106.461
99.201
03.532
86,570
108.802
Z,lu.
I
i
Tot.l&t quar.
87,468
70,223 1,247,04211,297,060 219,038 232,867
January..
February.
28,611
23,111
24,421
21.814
21,667
26,009
Marcb
Total 2d qr.
TotalSmos.
413,715
447,120
856,192
1888-9.
•89-90. 1888-0.1 1889-90.
1888-9.1 1889-90.1 1888-9.
431,421'
76,911
408.041
468.436
65.358
£2,040
76,090
71,985
83.793
70,687 1.217,021 1,307.90' 223.307:230,848
29i2,568
301,6.35
138,716 140,910 2.481,069 2,604,974 443,243 463,715
679,958
e04,625
69.«46
76,505
88,344
74,266
98,628
96.652
75,809
112,0K
68.765
71,871
61,064
93.001
81,686
211.1.19
303.543
277,103
Total9mos.. 206,538 206,874 3,737,S40l8,802.13l 678,963 674,851
883.601
831,728
106.071
10^.986
411,499
421,089
470,574
381.898
449,838
346.230
April
23,018
May
June
25,875
21,130
22,388
22,966
20.622
Tot. 3d quar.
69.823
65,984 1.273.77111,197,167 233,72
21.920
July
45'!.626l
23.5.'<2l
450.218' 84.151
9,404
BtocWngs and socltp
IWDdry articles
1.698
i.e8<
20,697
19.,'35
Total exports of cotton manufactures.
the
increase of 6,080,000
lbs.
an
Domestic Exports of Cotton Mandfactures.— Through
the courtesy of Mr. S. G. Brock, Chief of the Bureau of
Statistics, we have received this week a statement showing the
exports of domestic cotton manufactures for July, and for
the seven months ended July 31, 1890, with like figures for the
corresponding periods of the previous year, and give them
below:
0/
Manufactures of Cot- Month ending July
—
Germany
'
Other countries In Europe
British North America
Mexico
Central American States and
^|
•
British Honduras
West Indies
'
Argentine Republic
Brazil
United States of Colombia.
Other countries m S.America
gitna
„
.
East Indies
Other countries in Asia and
OceaDica
Africa
Other countries
31.
1890.
Great Britain and Ireland. ...yards
'
sail
Bremen, steam
Do
.
1890.
5.712,111
172.400
1,181.414
S.i,3T2
371.944
48<j,918
919,496
8,376,105
5,355.574
417.469
1.286.311
68" .398
6,342.261
702,406
1,119.572
18.635
6o8,881
226,876
69.482
815.724
486,-85
1.15<,412
;28,9«8
1.3)9,446
4.(72,100
4.0811.270
8.026719
7.265.171
927,291
6.7B3.767
a.7«3,T:.9
1
1.172,971
_|
..
"
'
2.M3b.9i-.2
802,191!
9,437.^11
16,8T9,310
911.861
104,542
87,186
348.071
2«8.,S19
.1.931.354
14.248
286,581
5.050,6 7
10.799.568
$740,872
»bl8.177
4,777.070
1.070.649
11.0S8.7S7
20.524.707
1,316,507
2,164,066
2,684,137
2,290,847
.S.109,810
72.894,763
M,807,486
»8,214,U1
$'0690
$-0715
»-075'
t'0691
Taliut of other Manufactura of
Cotton exported to
Great Britain and Ireland
1.669.7.)2
4,014,928
308.600
10.726.614
Oermany
France
Other countries In Europe
British North America
Mexico
Central American States & British
Honduras
Indies
Argentine Republic
Brazil
tS8.072
$189,038
10
1.077
19.M28
18.817
1,100
8.S68
3,6U9
27,317
26,624
22,521
1.76<
40.108
18U,813
87.316
6.669
9.^4 2
3.442
5,146
l.OOo
2.168
8.82KI
82.847
62.853
6,969
24.182
21.879
24.-88
83.520
t25,659
2.209
Pnlted States of Colombia
Other countriep in So. America
6.6va
British posse.s.tion^ in Australasia
Olber countries in Asia and
6.225
2.056
1.647
4.418
1.030
j
23.508'
97)
Oceanlca
Africa
Other oonntrles
19.441
e.
hi
Sesiie
Do via
i3:,2®7,g
i
Indirect, c.
1
45"
sail
»S2
Per 100
=8
a
Is
.--.
....
'16
'16
'18
....
....
....
l4S9s2
H-a)»st
'4®»S2
^4^932
1564
50*
45*
....
....
....
^4
^
H
hi
Taa
'32
»32®U
'23
'32
"32
'32
^
'l«
....
50*
d.
rrleste, steam...*
Antwerp, steam d.
....
H
K
9.33
38
....
EO*
c
Indirect.. <t.
Baroelona.steam d.
(:)enoa, steam., .d.
38®7l6
.--.
Beval, steam ....d. ^^ti'^''^
-..
....
H
3,e®73j 'le'S'sa
'l62'73s
= 18
lbs.
—
Liverpool. By cable from Liverpool we have the following
statement of the week's sales, stocks, &c., at that port.
Aug.
Sales of the
week
Of which exporters took
Of which speculators took.
Aotual export
Aug. 22
15.
33,000
bales
1,000
2,000
22,000
5.000
48.000
634.000
344,000
24,000
15,000
60.000
20.000
.
................
Forwarded
Total stoct— Estimated
Of which American- Estlm'd
Total Import of the wc ek
Of which American..........
Aoaoont aUoat. ........ ........
Of which American
Aug. 29.
35,000
1,000
2,000
16,do6
2,000
36,000
660,000
325,000
14,000
12,000
65,000
20,000
29"co6
2.000
35,000
647,000
314,000
24.000
20,000
45,000
10,000
40,000
4,000
46,000
624.000
283.000
26,000
(147.848
;9e6,52e
Saturday Monday. Tuesday.
Market,
1:45
p.
(rregnlar.
6>ie
51B,g
515,6
516,6
3,000
7,000
l.OuO
9,000
1,050
12,000
Mld.Upl'ds.
Sales
Spec.
& exp.
300
futures.
Market,
}
1:45 P. M.j
Market,
4 p.m.
000
$983,193
N'ar Walt;
distant
\
quiec.
1,000
Qnlet but
Steady.
steady.
Qnlet
at
1.84 decline.
26.819
51,7H1
2b.ii05
12,691
1..rt.W
2.i,876
13.B«)
181.049
6.016
18.46?
$1,042,926
'
Citv
046
11465
'
«;n
'.'.'.'.'.'.'.'.'.'.
56
*»«
"iTisTl
rhe particulars of these shipments, arranged in our usual
Conn, are as follows:
Halifax.
11,465
50
""56
11,465
50
56
Pressed
for sale.
5'8
5l3ia
12.000
2,000
7,000
1,000
Quiet at
a decline.
Barely
steady.
Easy.
Steady.
steady.
The opening, highest, lowest and closing prices of futures at
Liverpool for each day are given below. Prices are on the
basis of Uplands, Low Middling clause, unless otherwise stated
^F
Sat., Anar. 30.
Thui
:
5 63 tneun*
Tnes.. Sept. 2.
aion., Sept. 1.
Open\m<ih\Low.\ Clot. Open High Low.
141.021
$5,800.678' $6.257.087
Liverpool, per steamers Bessel, 2,700
of Chester, l,46«....Holbfin, 3,254. ...Majestic, 1
Olympla, 536
Uinbria, 394 ... Wyoming, 2,069
To Windsor, N. S., per schooner E. Merrlam, 50 .
FHday.
Good
demand.
Irregular.
demand.
Weak*
Barely
irreg. at
steady at
a decUne. a decline.
Steady
at a
decline.
)
21S,2'.!0
ia,080
Hew York—To
Wtndaor.
7
60,000
35,000
Wednet. Thur$d'y.
More
Dull.
M.
d.
September.. 6 57
Sept.-Oct... 5 48
October
0ct.-NoT.... 5 46
Nov.-D«c... 6 44
Dec.-Jan.... 6 43
Jan.-Feb.... 6 43
Feb.-Mareh. 5 14
Mch.-Aprll.. 6 46
April-May.. 6 48
May-June... 660
Total.
11,515
56
11.571
d.
d.
5 67
6 57
6 49
6 48
1
'
<J.
6 57
6 49
'
!'
1
!
1
i
....
1
I
;
5 45
6 44
5 43
1
,
...
5 46
6 44
5 43
1
,
'
....
j
1
5 45
5 44
5 43
!
1
1
j
1
8 43' 6
6 45 6
6 48 6
8 48 6
6 60 6
43
44
46
,
i
48
60
June-July...
!
6
IS-"
6 45
;
6 46
1
[
5 48
650
....
d.
d.
d.
5 52
5 54
5 48
5 52
6 46
6 46
5 42
5 41
6 41
5 41
6 42
6 43
5 45
1
5 46
6 16
6 42
5 44
5 41
6 48
6 45
5 44
5 43
5 43
Cl09.
,
:
5 41
5 44
5 46
5 43
5 47
5 45
6 43
;
Open High Low.
;
d.
d.
d.
5 54
5 52
5 48
6 53
5*7
6 62
6 48
6 47
546
6 42
6 44
6 43
641
642
5 41
5 43
5 42
5 43
6
6
6
6
6
6 46
544
6 44
5 47
6 46
6 48
4 48
5 48
5 46
6 44
5 43
6 13
5 44
5 46
6 43
Clot,
d.
d.
58S
64T
517
5 44
43
42
41
41
42
5 43
642
6 42
'>
r.
5 44
6 48
547 549 5 47 549, 646 648 618
649 561 649 6 51 660 5 60 5 50
'
:
'
1
Wed., Sept. 3.
0p«» High Low.
Cioj.
d.
d.
(J.
Boston—To Halifax, per steamer Halifax, 66
47,000
The tone of the Liverpool market for spots and futures each
day of the week ending Sept. 5, and the daily closing prices
of spot cotton, have been as follows:
12.177
51
4.2S'
2,536
tlS2.69l
t3es.363
Sept. 5.
22.000
1,000
fi.'
Shipping News.—The exports of cotton from the Uniteo
States the past week, as per latest mail returns, have reached
11,571 bales. So far as the Southern ports are concerned, thes(
lu-e the same exports reported by telegraph and published in
the Chronicle la»t Friday. With regard to New York wi
include the manifests of all vessels cleared up to Thursday.
Liverpool.
1
^8
....
....
•c
^mst'd^m, steam. e.
Do
H-snie
....
indirect, e.
$324,942
8,788
20O.689
930
422
•
Total value of other manufactures of
Aggregate value of al cotton goods
Total
....
The pnces are given in pence and 6ith.
5 ^«4<i., and 6 01 meant 6 1-64(1.
—
Boston
Hni^i
e.
Bambnrg, steam.e.
Do
....
1889.
1,057.076
55.656
84.730
Total values of above..
Taloe per yard
„
Ke-wYork
.
....
JH.
»8
moa. ending July 3\.
954,791
7,758
£71, 190
60,314
Total yards of above..
West
Do
Spot.
ton {colored nrnl u»MOior«J)
exported to
ritish
late deliv^y.d.
»e
1.0</5.787
The foregoing shows that there has been exported from the
United Kingdom during the ten months 1,011,837,000 lbs.
of manufactured cotton, against 1,005,737,000 lbs, last year, or
QuanMtiM
Bavre, steam.... e.
Do
Wednet. TKun.
^
H
number
of yards of piece goods has been less this
year than last year, the welKhts have been heavier. We have therefore
revised our results in pounds for both seasons.
Note.—Wliile
Uverpool, steam d.
Tuet.
Jfon.
Batur.
[
d.
i
1
1
1
Thnrs., Sept. 4.
Open High
d.
d.
d.
d.
6 42
642
64o! 642 540
5 42 538
6 42 638
638 638 6 36
6 37 638 6 34
6 37
5 37
5 34
663 5
663
648 648
Bept.-Oct... 5 45
5 45
Oct.-Nov.... 6 42
Nov. -Dec... 6 41
Dec. -J an
6 40
Jan.-reb.... 6 40
reb.-March. 6 41
Mah.-April.. S4S
April-May. 5 45
May-June.. 6 47
5 48
6 48
5 41
6 38
5 48
5 41
638
October
June- July... 549
5 48
5 43
6 43
6 41
6 41
6 42
(43
6 46
6 47
649
643
6 41 S4t
5 42
6 40
6 40
6 41
6 43
6 45
5 47
6 48
6 41
6 41
6 4!
6 43
6 46
6 47
6 4*
FrI., Sept. 3.
Open
High Low.
(
1.0 lU. Clot.
B«pt«Bber.. 6 61
61
5 45
5 43
Ij
1
535:
6841
6 37 6 37 6 34 684!
6 37 6 37 6 34 634
5 38
6 38
6 36
639 639
6.18
6 41
6 43
6 41
6 43
(38
(40
646
6 46
5 42
d,
6 33
6 33
6 33
6 35
6 84
6 38| 6 36
638{ 6 37
6 40
6 39
6 42
5 41
1
j
'
d.
il.
6 38 5 37
6 38 6 37
6 38 6 34
6 36 6 33
6 36 5 33
6 36 8 33
6 36 5 .^4
( 38 6 36
5 88 6 37
6 40 6 !IV
6 4S 6 41
I
'
'
,
;
I
I
I
I
I
i
i
I
i
,
j
1
;
j
<
i
.
I
a.
54
;
7
..
Skptembrk
6,
.
THE CHRONICLE.
18«0,J
BREADSTUFF S.
Below are the
1890.
1890.
ft.
Ploor
Wheat
Rye
Total
a sharp decline. Foreign advices have been we!>k, and the weather at the West has been
more satisfactory to crop prospects. To-day, however, in the
of a
later dealings there was some improvement, on rumors
large business for export, together with tho fact that the
reflects
&
Sawyer, Wallace
erally a better tone prevailed.
Co. had Utile effect, and gen-
There was a moderate demand
wheat from home millers.
OAiLT OLosrao PKion or ao. z BED wnriBK wmuT.
BepWiiiber ilellvfiry ....o. 104*4
Ootolwr delivery
o. 105 "g
104%
lO.-ias
104%
TA«r«.
10.
101^8
102 ifl 10^
0. lOS^
0. Iu7'^«
o. loss's
o. 112%
ioe»g
107 'a
lOS's
10.>36
l«61l8
ibfti^
ffa(.
November
D«t^mber
itellvery
delivery
January dpUvery
lion.
Wed.
103
Tues.
104*,
107»8
llO'g
106%
109% io'9%
Indian corn has also declined materially. There has been
such a favorable change of the weather in the corn-growing
region that the prospects of the growing crop are materially
improved besides, there is little danger In any event of
present Ecarcity. As prices weakened, the export demand
for sjx)t corn became active for export and there was a good
local trade. A large line of Western white in fair condition
was taken yesterday at 53c. To-day a weak opening was fol
lowed by a stronger market.
OAI1.T OLOSIKO PEIOBS OF HO. 2 MIXBD OOBR,
Sat,
Hon
Tutt,
Wed.
Thur: Fn.
o. SS^b
September delivery
53%
52 3j
.•i2%
a
52 >4
o
5S%
October delivery
o. h3\
52^
5214
52 a«
c
53 Tg
November delivery
SIH
o.
53%
52!>8
52%
54
December delivery
o. 54'4
53%
52%
5 =8
5514
May delivery
55%
o.
54%
53 78
Oats have been dull and unsettled, showing little change
for the week,
OAII.T OLOBIHO PSIOBS OF MO, 2 MIXED oxn
May
deUvery...:
."
iiaifl
112%
;
Sat.
September delivery
October delivery
0.
0.
40%
40%
Hon.
HoU-
Tuet.
d»y.
Fine
Bnperflne
Extra, No. 2
Extra, No. 1
Clears
Siralgbts
Patent, Bprtng
V
bbl.
Wheat—
0.
0.
.100
Spring, per bnsh.
~
BpringSo.2
;No.
Red winter No. 2
Red winter
White
•
..1
Western, per bush..
8t»te and Jersey . .
The movement
fll 15
«
»
&
Com, per bush.—
White
66
67
No. 2 mixed
No. 2 white
52
53
•»
.'i4
»
53
40 »
40i4»
48
»
42
41
Oom.
BMj.1««Um Bui)L«nDw Blult.S6lh>
OaU.
Barl»v.
1
Bu»Ii.S21I>«|Bu«»1.4HU)
1
ObJewo....
4.34.42-2
MUwaakM.
83.ao»
87.716
Dalotta
74,57»|
58.017
439.195
1,705
362.1831
MinneapolU.
Toledo
Detroit..
St. Lonls..
ii.z;0|
.
PcorU
Tot.wk. "W.
Bam* wk.'se.
Bama wk.'Sd.
mmctAut.1.
UM
U»
S2.S82
3,000
1,743,109
18,400
121 .000
40S.028
290.424
360,100
Bu.
Salika
89.549
32.441
3S.325I
40,S54{
17.809
74.423
89,500
29ti.45l'
320.425
300,600
847720
7,150
494,m)U
20,4t)0
2,".5l)
212,693
.
ClcTeland.
107.712'
1.442.028
ss.ooo]
1S.S74
Corn,
buefi.
Gate,
Barley,
bueh.
tninh..
283.500
805.000
700
5,310
135.391
85.095
193,973
11,200
134,>j30
131,9 ;0
13.140
1,151
30,329
51,379
10!),3^0
625
43.517
65.8ii«
Bunh.
BhU.
306..504
19,405
viontreal.
161,760
67,870
Phlladsl.
Baltlm're
56,000
64.285
7.533
57,931
26.959
PorUand.
Jtye,
bueh.
8.850
500
2,910
41.540
4,719
27,685
1,851
12,280
30,518
OaU.
.Kye.
Buth.
Buth.
5,148
Peal.
Buth.
4,172
......
S. Orl'ns.
W.News..
27,017
8,937
77,644
57,962
8,275
.••••«
3.53
2,214
12,000
Blolun'd
287,994
3'me ttme
1889... 1,436,265
Tot. week.
465,602
201,055
13,423
986,930
215,315
86,519
62,124
36,498
^28,005
The visible supply of grain, comprising the stocks in granary
\t the principal points of accumulation at lake and seaboard
ports,
and in
transit
by water, August 30, 1890:
Oom,
OaU,
Wheat,
In etore at—
New York
Do afloat.
Chicago
Milwaukee
St.
Louis
Do
afloat
ClaolnnaU
Boston
Toronto
Montreal
PhUadelphla..
Peoria
Indianapolis...
Baltimore
Minneapolis
On
hfith,
b^tth.
buth.
1,199.S99
31,700
A.lbany...
Buffalo
MlHHlsBlppl...
On Lakes
On canal & river.
Tot. Aug. 30.*90.
Tot. Aug. 23,'»0.
Tot. Aug. 31,'89.
Tot.8«pt. 1,'88.
Tot Sept. 3,'87.
660,685 520.871
101,400
40,500
32.500
9-i,324
533,924
559,708
4,425.412 2,969,901 1,100.164
l>-3.n59
4,H49
5,7»3
171
150,081
509,0;J3
45.918
1,546,717
597,692
12.127
95,160
50,000
47,000
872.218 3"4i',618
2,705,806
58,100
'5,666'
y,727
61,002
48.437
264,434
13,332
292,505
I,n02.l76
3,186,303
1-.<.00
75,007
"17,456
79,084
16,752
12,000
61,493
'l'4"66o
90.720
9.470
37,852
120,473
165.408
127,424
K.OOO
55,422
15.036
64.210
567,426 1,944,426
744,000 1,137,100
404.166
68,800
328
17,637,744 9,290.647 3,349,933
18,289.447 9,493..il2 2.792,361
14,3S3.716 11.755,584 6.130,6^8
29,269.673 8,476.417 3,572,972
30,687,129 6,836,850 4,734,085
Rye,
buth.
31,061
8.000
27,000
2H,457
2!19,722
74,565
Barley
butk
461
61,518
87,052
126,429
'27,0"28
1,091
4.350
120,000
"3,465
"i^ooo
17,000
770
14,700
28,557
435
'liU'eo
401"
400
4,930
9,900
516.P49
501,802
9.'4,821
247.573
309,665
470,803
366,823
291,776
84,450
291,942
THE DRY GOODS TRADE.
of breadstuffs to
air-
^.^7,:^94
41%
market is indicated in the
Itatement below, prepared by us from the figures of the New
fork Produce Exchange. We first give the receipts at Western lake and river ports, arranged so as to present the comparative movement for the week ending August 30, 1890, and
•inoe August 1, for each of the last three years:
•Miptt
hush.
3,53,400
Oswego
?i
01%»1 02%
Western yellow
52 » 5i
90 ai05
Western white
53 » 56
95 «105
Oata-Mlxea..» bu. 39 o 42
63
63
Wheat,
hhta.
39,886
Diiluth
West'n mixed
Weet'n mixed No.2.
Flour,
Detroit
»2 30»$3 00 Patent, winter
85 609$5 90
3 <i03 3 80 City shipping, extras. 5 15» 5 25
3 75» 4 OK Rye flour, superflne.. 3 50» 3 90
4 25» 4 70 „"ne
2 50» 3 00
4 75® 5 10 Com meal5 25a 5 50
Western, 4o
„, 2 75» 3 00
40
5 TSW
Brandywlne
3 25» 3 30
.
1,9»7.33»
BUMh.
18.348
Toledo
below
1,751,602
<rewTork
40%
these figures):
1.603.415
Boston...
40
flour in
.3,592,742
FUrur.
40%
wheat
452,236
557,644
835,351
141,528
10,590
Oom.
sg'a
sell slightly
1,022.000
49,545
69,258
Wheat.
Vow
40%
for
L.
4.^3.4<I5
.329.409
784,994 609.4411.133.434
"89. 303,752 1,634,522 1,298,240 1,130,669
laporu
4038
(Corresponding grades in sacks
.1.
14.5,238
The exports from the several seaboard ports for the week
ending August 30, 1890, are shown in the annexed statement:
40
unsettled.
3.55,044
week.
week
TKwt.
fn.
193,373
R'pi.
5/0,40^
353.056
727,582
19,989
42.326
100,363
71,897
Boston
Montreal
45,917
Philadelphia..
9.542
Baltimore
81,349
8,1.50
Richmond....
fewOrleans.. 12,171
Wed.
40=8
Rye is nominally lower. Barley is yet
The following are closing quotations
barrels.
At—
few York
Total
«
Week
ir<M«
Mept. 1.
:».
The receipts of flour and gratn at the seaboard ports for the
week ended Aug. 30, 1890. follow:
Oor.
10'' *«
.
Atiii.
064,897
919,728
1,917,723
44,225
48,670
bush.
Barley
nominal.
for spot
bbla.
Oom
OaU
Week
Ann. 30.
273.941
1887.
1888.
lfl8f».
Week
Tho flour market has been very dull throughout the w.ck
and prices, in sympathy with tho course of wheat, liave liail a
downward tendency. The decline, however, has not been important in any caao. Supplies not boins larjre, there was little
prMsure to sell. To-day the market was (luite unsettled and
failure of
shipments from Western lake and rirer
rail
ports for four years:
Fridat, Septemlier
The wheat market
311
9.188
3,891
S.9iX>
9.503
2<5,409
202,060
1.8gi.39S
2,040,7«7|
3,067.261
ftS4.915
143.429
2,wai.248|
4,U7,43()
2,604,229
•i\0»M
3.726,223
2.1»A12«
2.987.954
111.503
145,086
is:!.!*
886.237
784,817
8.738„<t8S
9,965,163
lt.ll«,5T5
1,126.553
412 914
II.ISO.T??
13.731,183
10.468.156
f>i».8e4
13,700340
T,664.447
7,880,710
219.568
B38,l«7
423,071
487,155
160.0
1
NSW
YOSK, Friday
P. M.,
September 5, 1890.
Business in the wholesale branches of the dry goods trade
satisfactory the past week. The jobbing trade was
buoyant and active, considerably more than an average distribation of seasonable goods having been made by all such
houses as keep abreast with the times. Retailers were so
anxious to complete their assortments of fall goods and get
them shipped at the earliest possible moment .that jobbers
were actually compelled to ignore a legal holiday (Libor Day)
and their stores were kept open for the transaction of business on that day. The demand by wholesale buyers on the
spot was moderate, and re-orders from the West, Southwest
and South were numerous and reached a good aggregate
amount. Spring goods commanded a fair share of attention
and considerable orders for certain specialties were placed
(for later delivery) with agents representing leading makes of
spring "wasb" fabrics, white goods, summer underwear, &c.
The general market retains the firmness of tone reported for
months past, and stocks of nearly all fabrics of hooie Qfan^"
was very
fVitwo
ftre
remarkably well in
bancj,
J
THE CHRONICLR
312
rvoL. LI.
—
—
FoBEiON Drt Goods, There was a slight improvement in
Domestic Woolen Goods. The jobbing trade in various
descriptions of woolen goods was active, flannels, blankets, the demand for imported goods at first hands, the jobbing
carpets, shawls, wool skirts, Kentucky jeans, &c., having been trade having been so active that jobbers were compelled to
severally distributed in liberal quantities, while there was a stock up to a moderate extent, despite their reluctance to do
moderate business in clothing woolens. The demand for so until something definite has been determined upon in
men's-wear woolens at first hands was barely up to expecta- regard to tariff legislation. Meantime prices remain steady,
tions, aid there can be no doubt that the impending tariff but jobbers find little difliculty in renewing their assortments
Low on favorable terms. No offerings of special interest were
legislation is a deterrent to business in certain fabrics.
grade and fine cassim^res and worsted suitings were in fair presented through the auction rooms.
request, but medium qualities were more or less q'liet. Light
weight serge suitings and indigo- blue flannel suitings were in
Importation* of Drr Ooods.
steady, though moderate demand. Heavy cafsitneres and
importations
of dry goods at this port for the week
The
worsteds were taken in small parcels to a fair amount, as
were kerseys and cloth- faced overcoatings, but there was no ending Sept. 4, 1890, and since Jan. 1, and the same facts
snap to the demand. Satinets and doeskin jeans were lightly for the corresponding periods of last year are as follows:
dealt in by package buyers, but a slightly increased re-order
demand for flannels and blankets was reported by some of
iiTfiBOsi?
W
the commission houses.
g.
2h
DoMESTio Cotton Goods.—The exports of cotton goods
from this port for the week ending Sept. 3 were 1,502
I:
o
packages, valued at $87,010, their destination being to the
points Rppoifipd in the table hploTv:
Nbw Yokk
1890.
to Sbpt.
63
26
508
Great Britain....
Other European.
Clilna
India
Arabia
36
197
..,
Mexico
4
?34
414
20
Central America.,
Boutli
:
pfS
;
i
America
Other countrtes...
g=
Total
via Yanoourer..
201
156
.247
,646
,098
,087
,278
,364
,249
,286
29
165
80
"""i
186
274
76
760
113
096
,946
81,498
44,014
1,502
8,711
* Clilna,
Total
1.
10,213
ecco
COGS
M to MM to
26,280
2,006
O'Ji
M <l
1,840
87,399
39,740
1,840
137,130
^J
0-.
en <i
:.<
^ OD X CC *.
ooc;trf^iD
Providence manarers
Fall River manufacturers
Providence speculators
Outside speculators (est)
b.v
1^
Total stock (pieces)
None.
5,000
SepU 1.
17,000
5,000
None.
None.
602.000
216.000
22,000
c;<
ASSURANCE SOCIETV
OF THE UNITED
ASSETS,
-
-
-
LIABILITIES, 4?,
SURPLUS,
i,
c-i
3; CD
Vo
STATES.
,890.
$107,150,309
COJO
cccoioosb
a a to i;
a to
^CD
0>
CO
It*.
lOCDV-OSM
b
To^
CO
00 CD
»Cfc^^^^'OC3
ASSURANCE,
NCE,
o.
oo
68.0
Tr'ci
^,
$631,016,666
I
INCOME IN 1889, $30,393,288
ft"
OS
00 to Ot
CJ<pJ;^tOt*i*
107.017 161.846 379.645
<ibiccci^
42,130
r-C3
:oco
*».
COOtcc^O
Oit-OO'-
.'5
CD ~j -J
COOtMvJ*.
y to
c;i
OS
»>><1
M
O
o<noo^
oo
14,550 13,657 13,741 31,359
104,3s2
o
CO
00 to
M Ct CO
a b»^ to M
rf^*.
C9
-4 en
ecto
^H-
CO
w
M
M
tf-
t*^
o»iO'-'c;ci
Ci hO
^AtOCOU
J-
!-•
_Jt
oopi,t* cc
00 ai
H-CiioV.©
O"-*
ccto
I**
»- H- IC
O
H"
^ CO to y«
t-CO'-'lO
COCOOD-JiCk
ecu
to
(/'
1^ CO
c;'*-jn'^o
M
a c; CO CO #" 50
lO c w
pcoioa*-
ceo
OtO
C/i a-
v.
Vltu'cDCO'eO
C-MQOXOS
cco-^yio
CCCfl
cub a: to
h- x)
:;•
OT CO
O*»3W00i-«
financial.
The Mutual Benefit
Pre>ld»nt.
A. A. Alkxandik,
Caita'i
INSURANCE
lilFE
CO.,
AMZI DODD
NEWARK,
B.
HYDE,
I'resitjent.
03
8\N ANTONIO, TEXAS.
MADS
as lonK as its value will pay for; or. If preferred, a
Paid-up policy forlts full value is Issued in^zchanjie.
After the second year Policies are incontestable,
except HB aKHlnst Intentional fraud; and aXi rexiric
tiona ag to renideiice. travel or occupation are revumed.
CASH LOANS are made to the extent of 50 per cent
of the reserve value, where valid a88iKn:uent« of the
policies can be made as collateral securuy.
COLLBGTIONa AND INVK8TMKNT8
R. T. Wilson
&
Co.,
BANKERS AND COMMISSION MERCHANTS
Wall
Street,
New
Tark..|
SKCON'I)
North
&
British
Mercantile
Ins.
Co.
OP
LOKDON AND EDINBURGH.
YEAR.
INCASKOFLAPSK thePollCylBCONTINTJKDINPORCl
Losses paid immediately upon completion and ap«
proval of proofs.
UNION MUTUAL
Insurance Company
PORTLAND, inAlNE.
INCOHPORATKD
JOHN
£.
DE WITT,
1H4«.
President.
Its plans are varied, andadapt^ed to ail circumstances.
is nottalDK tn Life Insurance which it doei
There
not furnish cheaply, profltably and iritelliKibly.
Send to the Company's Home office. Portlnnd.Me.,
or any of its AKents for publications deHcribins iu
MAINK L.AW CONVEUTIBLK POLICY, CLASS
PKH CKNT GUAHANTKKL) HONI>
"A," or Us 7
SAM.
WM.
P.
A.
BLAGDEN,
Manager.
WASS, General Agent.
W. R. ECKER, Assistant Gen.
H, M. JACKSON, Se(;retaj7.
POLICy, CLASS **A," and other Fornw 0/ Bond
also for pamphlet explanatory of the
Maine Non-Forfeitxtre Law^ and lor list of claims
Policies:
FRANCIS, Assistant Manager
imM therenndar.
R. U.
H.
N. J.
President.
s»
2«
03
Assets (Market Values), Jan. 1, 1890....t45.2.'?fl,flis.3
Liabilities (N.Y. and Mass. Standard).. <ll,Mis,(iiH
Burplas
3,40S.33o
Surplus, by former N. T. Standard,
( Am. Ex. 4H per cent Reserve)
6,836.035
POLICIES ABSOLUTKLT NON-POKFEITABLK AFTKR
-$175,264,100
)
i**copaOD
Texas National Bank,
)
OUTSTANCDING
•«>•
tOtf^OJ-q-^
•-
Life
\
C C A CO
r-t(».fcOrf^QO
*^U-JO CS CO CO <l
OO
CI 00
nr,™ k'^Wt- BKANOH,
8i»
ASSURANCE
it^ fi^
.-ma
coco
10 Ci
asu»
84,329,235
$22,821,074
to
<X> <Ji
>3
OoUeotlom made on kU Boathem polnU on bwl
J. 8. Alkxandik, Pre«.
o;OC0«<J
tOOOJ'-M
COCjJ
1
^nrrASnoTiflflnm* InvltA*"*
-
OCO^ WOO
<]XtSCO00
Cermi; prompt retnrna.
NEW
IN 1889,
^
CD;j«(Xtoo
^-•^cs^ccoie
oooH-iyiisa
l^iwatijcial.
in».ii.
— cso«o
0#»(X>-M
coxcj>rf>'a>
CO'CD
I
RICHinOND, VIRGINIA.
EQUITABLE LIFE
I
rf*CDa»tnCl
CO
MEBCHANTS' NATIONAL BANK,
THE
S
^ cos
'-'it.C005<l
OiOOOQll^
oo'-'aLco^
-OtDOtO*-*
o">-'
ta-si
Aug.
%nsnv^uce.
-J
MH-WMOO
CO to
A«g. 30.
473,000
123,000
None.
6,000
14,(i00
3-.
MCCWi^X
00 01
1888.
177,000
Q-t
"lOCD btcc OS
CO'
M O' OS
towaow
64x648.
31.
l_.|--XO<»
WO
CtiO
a o CO CO
coo
03 CO
—
stock of Print Otothe—
I?
—CO
^ C"
QD
K)C0<ICCO
o
ci
Ci'bscoo'ai
-SCO
1889.
tf'-O c
*-'
pctojr.c;!
The value of the New York exports since January 1 have
been 14,595.375 in 1890. against $5,812,339 in 1889.
There was a fair business in staple cotton goods in commission circles, and a large distribution was made by jobbers.
Prices of plain and colored cottons ruled firm all along the
line, and some makes of the latter— principally cheeks
were
advanced by the mill agents. Brown sheetings especially
adapted for the wants of converters are in sellers' favor and
medium to fine blpach>'d goods are stiffly held. Prints were
in good demand, and standard dress ginghams have been entirely closed out by the leading commission houses. Print
cloths were dull and unchanged, on the basis of 3 5-16c. for
1890.
"•olooitf^o
tOWOCO»-t
U03
K)
From New Eneland mill points direct.
January
:
0D_«
6,931
1.S30
32.111
4.191
3.P89
3,686
10. 1 20
2,779
4,070
Ot 30 Oi CO
Held
g:
1889.
Week. Since Jan.
c;i
*
a
:
2.
Week. SiTux Jan, 1
Africa
West Indies
;
U.S.
J^o.
54
Agent.
BRANCH OFFICE,
WILLIAM
§T., N. Y,
Augustus Flo^d,
42 rms; btkget,
@FedFRASER