march 3, 1883, vol. 36, no. 923 - st. louis fed · 0jllinttt: xmm...

40
0Jllinttt: xmm HUNT'S MERCHANTS' MAGAZINE, ftffiPRBSBNTINO THE INDUSTRIAL AND COMMERCIAL INTERESTS OP THE UNITED STATES VOL. 36. NEW YORK, MARCH 3, 1883. NO. 923. Financial. AMERICAN Bank Note Company, 142 BBOASWA'E', HEW YORK. BiiKlnps* Founded 179t>. Incoipoiated nslcr Livs of St:Lt9 of Kcv Torlc, 1SS8. Kcorirttulzed 1S79. EsoRAVEna ami Printkhs of BONDS, POQTACE & REVENUE STAMPS, LEGAL TENDER AND NATIONAL BANK NOTES, of tho UNITED STATES] and for Forelen Covernments. ENGRAVING AND PUINTING, BANK NOTKS, SHAKK CEKTIFICAXES, BONDS FOR GOVKRNME!\TS ANW COKI'ORATIONS, DRAFTS, CHECKS, BILtS OF EXCHANGE, STAMPS, &c.. In the Ituest and most artiHtic stylo FROM STEEI. PLATES, With spMiil lafesiurdi to prOTOSt COtJtTTESFSITIlTa. SjocUl papers masnfac^ied exolxuivel; fot vie of the Companj. SAFETY COLORS. SAFETY PAPERS. Work ExocuttMl in l^ircproof Balldlngrg. LITKCGRftPHIC ANO TYPE PniNTINC. RAILWAY TICKETS OF TMPKOVED 8TTLES. Show Curds, Labels, Calendars. BIlANK BOOK3 01" SVEBY EESCBTPTIOII. ALBERT G. GOODALL, President. VICE-PRESIDENTS : J. MACDONOUGH, A. D. SHEPARD, < VI. M. SMILLIE, TOURO ROBERTSON. G. H. STAYNER, Treas. THEO. H. FREELAHD, Secty. Ban que Centrale Anversoise, ANTWERP. Pald-Up Capital, -"^,000,000 Franca BOARD OF DIBECTOna FELIX UBisAR, President. ALrBm Maqdinay (Gruff * Maqnlnsy), Vlce-Pre» J. B. Von ubk becks (Von der Becke & MarsUr). Otto aoNTHEa(C»rneille-Davld). Khilk db Oottal. Ad. Fka.vk (Kranit, Model & Cle.) ACQ. NOTTEBOHM (Nottebobm Freres). Fa. Dhan'ih (Micbiels Loos). JOH. Ua.n Fuhkmank, Jr. (Job. Dan. Fuhrmann.) tiOcis W«BEK(Kd. Weber & Lie.) jU7JUi Rautenstuaccm (C. Scbmld & Cie.) TKAN8ACT8 A GENERAL BANKING BUSINESS. ASA P. POTTEa. Preat. J. J. Bddt, Cashier. Maverick National Bank, BOSTON, CAPITAL, ..... $400,000 8I;KPI.IIS, ....... 400,000 Accounts of Banks and Bankers soltoited. CoUeoUoDS made npon favorable terms. Government Bonds bcaKbt and sold. Aug. T. Post, Banker, 26 NASSAU STREET, HUTS AND SELLS State, City and County Secuiitle*. CORRBSPONHKNCK SOLICITED. STOCK BROKER. Lansdale Boardman, NEW YORK, BO BROADWAY 4 6 NBW ST, Opposite Stock I^IxcbanKO. TttOY, N. Y., 14 i 15 HALL BUILD'NO. Private Wire to Troy. 8«entlUe> carried on moiglu. Interest paid on balanoe* Financial. DIAMONDS. Alfred H. Smith & Co., 182 Broadnray, Cor. John St., IMP0KTEB8 OF DiamoDds, Fine Babies, Sappltires, and otlier Precious Stones, EXCLUSIVELY. LONDON, 33 HOLBOBN VIADUCT. Members N. T. and Pbiladelphla Stock Exchanges. L. H. Taylor & Co., BANKERS, S. \r. Cor. Tliird and Chestnnt Sts«, PII1I.ADJBLP11IA. Deposits received subject to check at sight, and interest allowed on daily baliinccs. Stocks, Bond8. &c., bouKht and sold on commission in Philudelphiu and other cities Partlcnlar attention iriven to information reKardinic Investment Securities. Private wire to New York, Baltimore and other places Hatch & Foote, BANKERS, No. 12 XTaU Street, N. ¥. We make U. S. Bonds and Investment Securities a specialty, execute orders in STOCKS and BONDS for cash or carry the same on margin. We transact ageneral BANKING business and ALLOW l.NTER- KST on DEPOSITS. Branch Offices, connected by private wire, Norwich. Conn., Gloucester, Mass., and 131 Devonshire Street, Boston, Moss. Gwynne & Day, Blstsbllshed 1851.J No. 46 WaU Street. Transact a ffeueral banking and brokerage bast- uess in Railway Shares and Bonds and QoTemmeD secorlties. Interest allowed on deposits. Investments oarefnllr attended to. DESK ROOM TO LET. J. M. Gillespie INSURANCE SCRIP, &c.. No. 4 HANOVER 8T., NEW YOKK. Member of N. Y. Produce and Maritime Bxchanges. E. S. Bailey, 7 PINE STREET. DEALINGS IN INSURANCE STOCKS A SPECIALTY. Cash paid at once for the above securities ; or they will be sold on commission, at seller's option. Car Trust Bonds. WK MAKE A SPECIALTY OF THESE VERY 8AFB SKCURITlKS.AND BUY AND SELL SAME AT MARKET PRICK. WK OFFKK A LIMITED AMOUNT OK DESIR- ABLE CAR TRUST ISSUES, ADDITIONALLY SECLRED BY TUB DIRECT' OBLIGATION OF FBI RAILROAD tUlPiWENT CU.UI'ANY. POST, lHAieTi.% St CO., 84 FUIB BTKEET. Ftnannlal. John s. Kknnedt. j. kxnnbdt to»: O. H. NOBTHCOT* Al.KXANQEK BAIWO. Member .N. Y. Stock ExdI. J. S. Kennedy & Co., No. 63 WILLIAM STREET, BANKERS. Act as Agents for Banks, Bankers and BaUroad Companies. Issue c >rrmercial credits, also foreign and domentte travelers' letters of credit In pounds sterling ft dollars. OITer InveHtment Securities. Buy and sell bonds, stocks and securities in all Am- erican. Canadian, British and Dutch markets, on Coin- mission. . 'oiiect dividends, coupons and foreign and Inland Drafts. Pell Bills of Exchange on Melville. Kvans 4 Co i C. J. Uambro & Son, LONDON and on U. Oyens A Sons, AMSTERDAM. N. W. Harris & Co., . INTESTSIENT BANKERS, No. 176 DEARBORN STREET, CHICAGO, ILL. T)/-vXT"nCi state. County, City, Town, School, DLf IN UtJ, and Car Trust Bought and Sold. The funding of entire issues re'-elves special atten- tion. Write us if you wish to buy or selL Seaboard Bank, Organized under the State Laws of New York. IVelles Building, 18 Broadway, N. X. CAPITAL 9600,000. W. A. PU LLMAN President. 8.G. BAYNE Tloe-Presldent. S.G.NELSON Cashier DIRECTORS CHAKI.E8 WHXSUliB, D. O'DAT, Jus. SEEP, N, MEHUIN, W. A. Ross, J. J. VANDEKOBirr, Ij. H. Smith, S. G. Bayxe, W. A. Ptn.LMAN. Solicits deposits from banks, on which liberal Inter- est will be paid on daily balances. Makes collections, transacts a general t>anklng business. Makes call or time loans on Oil Certificates, Produce Receipts, BQls of Lading and other marketable securities. Simon Borg & Co., No. 8 UTALL STREET, NEW^ YORK., DEALERS IN ALL KINDS OF Railroad and InYestment Seenrities. SODTHBRN EBCUKITIBS A SPEOLILTT. A. H. Brown & Co., BANKERS AND BROKERS, 1 liraU St., Cor. New, New Vork. INVESTMENT SECURITIES, apeelal attention to business of conntrr baaki. Henry Bros. & Warfield, BROKERS IN 8TUCK8 AND BONDS, DNLISTKD SB- CURITIES AND MINING 8TOCKIS. 52 BROADWAY. DOOOI.A8 Hbnky. Chables seton Hbrbt. Member N. Y. Stock Ex. V^-^ber N. Y. MIn. Stock E»- Daniel wabfield. Geo. H. Whipple, No. 36 WALL 8TRKET, NEW YORK. ELECTRIC LIGHT STOCKS. EDISON. BRUSH, UNITED STATES, FULLSS STOCKS FOR 8AIA

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Page 1: March 3, 1883, Vol. 36, No. 923 - St. Louis Fed · 0jllinttt: xmm hunt'smerchants'magazine, ftffiprbsbntinotheindustrialandcommercialinterestsoptheunitedstates vol.36. newyork,march

0Jllinttt: xmmHUNT'S MERCHANTS' MAGAZINE,

ftffiPRBSBNTINO THE INDUSTRIAL AND COMMERCIAL INTERESTS OP THE UNITED STATES

VOL. 36. NEW YORK, MARCH 3, 1883. NO. 923.

Financial.

AMERICANBank Note Company,

142 BBOASWA'E', HEW YORK.BiiKlnps* Founded 179t>.

Incoipoiated nslcr Livs of St:Lt9 of Kcv Torlc, 1SS8.

Kcorirttulzed 1S79.

EsoRAVEna ami Printkhs ofBONDS, POQTACE & REVENUE STAMPS,LEGAL TENDER AND NATIONAL BANKNOTES, of tho UNITED STATES] and forForelen Covernments.

ENGRAVING AND PUINTING,BANK NOTKS, SHAKK CEKTIFICAXES,BONDS FOR GOVKRNME!\TS ANWCOKI'ORATIONS, DRAFTS, CHECKS,BILtS OF EXCHANGE, STAMPS, &c..In the Ituest and most artiHtic stylo

FROM STEEI. PLATES,With spMiil lafesiurdi to prOTOSt COtJtTTESFSITIlTa.

SjocUl papers masnfac^ied exolxuivel; fot vie of the

Companj.

SAFETY COLORS. SAFETY PAPERS.Work ExocuttMl in l^ircproof Balldlngrg.

LITKCGRftPHIC ANO TYPE PniNTINC.

RAILWAY TICKETS OF TMPKOVED 8TTLES.Show Curds, Labels, Calendars.

BIlANK BOOK3 01" SVEBY EESCBTPTIOII.

ALBERT G. GOODALL, President.

VICE-PRESIDENTS :

J. MACDONOUGH, A. D. SHEPARD, <

VI. M. SMILLIE, TOURO ROBERTSON.G. H. STAYNER, Treas.

THEO. H. FREELAHD, Secty.

Banque

Centrale Anversoise,ANTWERP.

Pald-Up Capital, -"^,000,000 Franca

BOARD OF DIBECTOnaFELIX UBisAR, President.ALrBm Maqdinay (Gruff * Maqnlnsy), Vlce-Pre»J. B. Von ubk becks (Von der Becke & MarsUr).Otto aoNTHEa(C»rneille-Davld).Khilk db Oottal.Ad. Fka.vk (Kranit, Model & Cle.)ACQ. NOTTEBOHM (Nottebobm Freres).Fa. Dhan'ih (Micbiels Loos).JOH. Ua.n Fuhkmank, Jr. (Job. Dan. Fuhrmann.)tiOcis W«BEK(Kd. Weber & Lie.)jU7JUi Rautenstuaccm (C. Scbmld & Cie.)

TKAN8ACT8 AGENERAL BANKING BUSINESS.ASA P. POTTEa. Preat. J. J. Bddt, Cashier.

Maverick National Bank,BOSTON,

CAPITAL, ..... $400,0008I;KPI.IIS, ....... 400,000Accounts of Banks and Bankers soltoited.

CoUeoUoDS made npon favorable terms.Government Bonds bcaKbt and sold.

Aug. T. Post, Banker,26 NASSAU STREET,

HUTS AND SELLS

State, City and County Secuiitle*.

CORRBSPONHKNCK SOLICITED.

STOCK BROKER.Lansdale Boardman,

NEW YORK, BO BROADWAY 4 6 NBW ST,Opposite Stock I^IxcbanKO.

TttOY, N. Y., 14 i 15 HALL BUILD'NO.Private Wire to Troy.

8«entlUe> carried on moiglu. Interest paid on balanoe*

Financial.

DIAMONDS.Alfred H. Smith & Co.,

182 Broadnray, Cor. John St.,

IMP0KTEB8 OF

DiamoDds, Fine Babies, Sappltires,

and otlier Precious Stones,

EXCLUSIVELY.

LONDON, 33 HOLBOBN VIADUCT.

Members N. T. and Pbiladelphla Stock Exchanges.

L. H. Taylor & Co.,BANKERS,

S. \r. Cor. Tliird and Chestnnt Sts«,

PII1I.ADJBLP11IA.Deposits received subject to check at sight, and

interest allowed on daily baliinccs.Stocks, Bond8. &c., bouKht and sold on commission in

Philudelphiu and other citiesPartlcnlar attention iriven to information reKardinic

Investment Securities.Private wire to New York, Baltimore and other places

Hatch & Foote,BANKERS, No. 12 XTaU Street, N. ¥.We make U. S. Bonds and Investment Securities a

specialty, execute orders in STOCKS and BONDSfor cash or carry the same on margin. We transactageneral BANKING business and ALLOW l.NTER-KST on DEPOSITS. Branch Offices, connected byprivate wire, Norwich. Conn., Gloucester, Mass., and131 Devonshire Street, Boston, Moss.

Gwynne & Day,Blstsbllshed 1851.J No. 46 WaU Street.

Transact a ffeueral banking and brokerage bast-

uess in Railway Shares and Bonds and QoTemmeDsecorlties.

Interest allowed on deposits.

Investments oarefnllr attended to.

DESK ROOM TO LET.

J.M. Gillespie

INSURANCE SCRIP, &c..

No. 4 HANOVER 8T., NEW YOKK.Member of N. Y. Produce and Maritime Bxchanges.

E. S. Bailey,7 PINE STREET.

DEALINGS IN

INSURANCE STOCKSA SPECIALTY.

Cash paid at once for the above securities ; or theywill be sold on commission, at seller's option.

Car Trust Bonds.WK MAKE A SPECIALTY OF THESE VERY

8AFB SKCURITlKS.AND BUY AND SELL SAMEAT MARKET PRICK.WK OFFKK A LIMITED AMOUNT OK DESIR-ABLE CAR TRUST ISSUES, ADDITIONALLYSECLRED BY TUB DIRECT' OBLIGATION OFFBI RAILROAD B«tUlPiWENT CU.UI'ANY.

POST, lHAieTi.% St CO.,

84 FUIB BTKEET.

Ftnannlal.

John s. Kknnedt.j. kxnnbdt to»:

O. H. NOBTHCOT*Al.KXANQEK BAIWO.

Member .N. Y. Stock ExdI.

J. S. Kennedy & Co.,No. 63 WILLIAM STREET,

BANKERS.Act as Agents for Banks, Bankers and BaUroad

Companies.Issue c >rrmercial credits, also foreign and domentte

travelers' letters of credit In pounds sterling ft dollars.

OITer InveHtment Securities.Buy and sell bonds, stocks and securities in all Am-

erican. Canadian, British and Dutch markets, on Coin-mission.

. 'oiiect dividends, coupons and foreign and InlandDrafts.

Pell Bills of Exchange onMelville. Kvans 4 Co i C. J. Uambro & Son, LONDON

and on U. Oyens A Sons, AMSTERDAM.

N. W. Harris & Co., .

INTESTSIENT BANKERS,No. 176 DEARBORN STREET,

CHICAGO, ILL.

T)/-vXT"nCi state. County, City, Town, School,DLfIN UtJ, and Car Trust Bought and Sold.

The funding of entire issues re'-elves special atten-tion. Write us if you wish to buy or selL

Seaboard Bank,Organized under the State Laws of New York.

IVelles Building, 18 Broadway, N. X.CAPITAL 9600,000.

W. A. PULLMAN President.8.G. BAYNE Tloe-Presldent.S.G.NELSON Cashier

DIRECTORS

:

CHAKI.E8 WHXSUliB, D. O'DAT,Jus. SEEP, N, MEHUIN,W. A. Ross, J. J. VANDEKOBirr,Ij. H. Smith, S. G. Bayxe,

W. A. Ptn.LMAN.Solicits deposits from banks, on which liberal Inter-

est will be paid on daily balances. Makes collections,transacts a general t>anklng business. Makes call ortime loans on Oil Certificates, Produce Receipts, BQlsof Lading and other marketable securities.

Simon Borg & Co.,No. 8 UTALL STREET, NEW^ YORK.,

DEALERS IN ALL KINDS OF

Railroad and InYestment Seenrities.

SODTHBRN EBCUKITIBS A SPEOLILTT.

A. H. Brown & Co.,BANKERS AND BROKERS,

1 liraU St., Cor. New, New Vork.

INVESTMENT SECURITIES,

apeelal attention to business of conntrr baaki.

Henry Bros. & Warfield,BROKERS IN

8TUCK8 AND BONDS, DNLISTKD SB-CURITIES AND MINING 8TOCKIS.

52 BROADWAY.DOOOI.A8 Hbnky. Chables seton Hbrbt.

Member N.Y. Stock Ex. V^-^ber N.Y. MIn. Stock E»-Daniel wabfield.

Geo. H. Whipple,No. 36 WALL 8TRKET,

NEW YORK.

ELECTRIC LIGHT STOCKS.

EDISON. BRUSH, UNITED STATES, FULLSS

STOCKS FOR 8AIA

Page 2: March 3, 1883, Vol. 36, No. 923 - St. Louis Fed · 0jllinttt: xmm hunt'smerchants'magazine, ftffiprbsbntinotheindustrialandcommercialinterestsoptheunitedstates vol.36. newyork,march

IHiii cHKojNICLK IVol. XxXVi

Foretsn Exclianse.

Drexel, Morgan & Co.,WALL STREET,

OOBNEB OF BROAD, NEW YORK.

Drexel & Co., Drexel, Harjes & Co

Wo. 34 Sonth Third 8treet 31 Boulevard Haussmann

FHILADEIPHIA . I PABIS.

B0MM8TT0 AND FOREIGN BANKERS.Deposits received snbject to Draft. Seourltiea

boOKiit and sold on Commlst^lon. Interest allowedon Deposits. Foreign Kxchange. Commercial Cred-its. Cable Transfers, circjilar Letters for Travel-ers, available in all parts of the world.

Attornkys and agents opMesara J. S. mORCAN & CO.,

Ho. 22 OLD BKOAD STREET, LONDON.

Brown Brothers & Co.,No. 59 IVALL ST., N. V.,

BITT AND SBLL

BlL.L.g OF EXCHANGEONGRBAT BKITAINAND IRELAND, FUANCE,GERMANY, BKLGIUM. SWITZERLAND, NOR-WAY, DENMARK, BWEDKN AND HOLLAND.

Issne Commercial and Trayelers' CreditsIN SIERLINO,

AYAILABLB IN ANT PART OF THE WORLD.And In Francs, in Martinique and Ouadaloupe.

HAKE TELEGRAPHIC TRANSFERSOF MONEY

BBTWSBN TBIS AND OTHER COUNTRIES.MAKE COLLECTION!* OF DRAFTS drawn

abroad on all points in the United States andCanada, and of Drafts drawn In the

United States on Forelim Countries.

J. & J.Stuart & Co.,

88 NASSAU STREET.BILLS OF EXCHANGE ON

sniTH, PAITNE & SnilTH'S,BANKERS, LONDON ;

(LANCBESTER A COUNTY BANK,"LIMITED;"

MABCHB8TBR, PAYABLE QJ LONDOH j

ULSTER BANKING COMPANY,BELFAST, IRELAND

AND ON THBNATIONAL BANK OF SCOTLAND,

EOINBURG, AND BRANCHES:ALSO,

CABLB TRAN8FEB8AND LETTERS OF CRE UIT

J.& W. Seligman & Co.,

BANKERS,No. 28 BROAD STREET,

Neir York.

iBsne Letters of Credit for TruTelers,

Payable In any part of Europe, Asia, Africa, Ans-kraUa and America.

Draw BUIa of Exchange and make TelefcraphloTnuisfers of Money on Europe and California.

John Munroe & Co.,No. 8 Xrall Street, Neir York,

No. 4 Post Office Square, Boston.CHEQUES AND CABLE TRANSFERS ONnUNROE ic CO., PARIS.

STBRLIHO CHEQUES AND BILLS AT SIXTYDAYS' SIGHT ON

ALEXANDERS & CO., LONDON.

CimjiiLAB Noras awp Cb»dits fob TRAvitT.aBa.

NWTORK: LONDON: PARIS:Chas. K Qctomt. ^- RfssBii Wise. t. b. Davis.CHAS.B.QI]

Williliam Heath & Co.,(Established 1861.)

BANKERS AND BROKERS,No. 80 BROADWAY, NEW YORK.

Members of New York Stock Bichanjre.

FOEBIGN EXCHANGE. CABLE TRANSFERS.

William Heath & Co.,10 Tbrogmorton Ave., London, Euk.Draw Bills of Bichanne and transact a treneml

KS.'t'rm^SiSl°B°ec''^- •'""""'" "^-"O"

William Heath & Co.,No. 19 Bne Scribe, Parts.

Orders solicited for London and American marketji

fiS^^nwttatS.""™'™^ "»"'"'• 8t»t« and aw

Fareien Exchange.

August Belmont & Co.,B A N K E R 8

,

Nob. 19 Si. 21 Nassau Street,

Issue Travelers* Credits, available In all parts of the

world, through the

nfE8SR8. DE ROTHSCHILDand their correspondents.

.Vlso Commercial Credits and Transfers of Moneyon California, Europe and Havana.

Jesup, Paton & Co.,

BANKERS,62 Willlain Street, New York.

Accounts and Agency of Banks, Corporations,Arms and Individuals received upon favorable terms.Dividends and interest collected and remitted.Act iw agents for corporations In payl.j.i r» upons

and dividends ; also as transfer agents.Bonds, stocks and securities bought and sold on

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

and sold.draw on

THE UNION BANK OF LONDON:THE DEUTSCHE BANK, BERLIN, HAMBURG

AND BREMEN:ANDRE GIROD & CO., PARIS.

K-idder, Peabody £c Co.,BOSTON, MASS.,

Cor. Wall and Nassau Sts„ New York.

FOREIGN BAi\KERS.

GABLE TRANSFEB8, BILL8 OF EXCHANGEAND

COHKEBCIAI, AND TEATEUEBS' CBBOITS.

COBBESPONDBNTB :

BARING BROTHERS & CO., Loaden.PERIER FRERE8 ^ CO„ Paris.

MENDELSSOHN de.CO., Berlin.

Schulz & Ruckgaber,BANKERS,

16 EXCHANGE PLACE, NEWr YORKCORBESPOKDKNTS OF THl!

International Bank of London(Limited) London.

jnessrs. John Berenberg, Gossler tc Co.Hauibarg:.

Commercial and Travelers' Credits. Bills of ExchangeCable Transfers.

J. H. GOADBT & B. E. WALKER,JOINT AGENTS

Canadian Bank of Commerce,16 EXCHANGE PLACE,

BOY AND SELL STERLING EXCHANGE, CABLETRANSFERS, ETC.

ISSUE COMMERCIAL CREDITS. AVAILABLEIN AL;, PARTS OF THE WORLD

James T. Bates & Co.,(ESTABLISHED 1868,>

BANKERS AND BROKERS,nilUs BuUdlnK, New York.

Members of the New York Stock Exchange.Checks and Cable Transfers on JAMBS T. BATES A

CO., Geneva, Switzerland.

J. W. Wilson & Co.,27 tc 29 REAVER ST.,

NEW YORK.Bills or Exchange and Letters of

Credit on Slexlco.

Anglo-Californian Bank(LIMITED).

LONDON, Head Office, 3 Angel Court.SAN FRANCINCO Office. 482 California St.

NEW YORK Agents, J. & W. Selieman* Co.BOSTON Correspond'ts, Massachusetts N. B'k.

Authorized Capital, -

Paid up and Reserve,$6,000,000.1,700,000.

Transact a general banking business. Issne Com.merclal credits and Bills of Exchange, available inall parts of the world. Collections and orders forBonds, Stocks, etc., executed upon the moatfavonable terms. FRED'K F. LOW, !««„-.«__„-„. ION ATZ8TB1NAABT, J

"*"»««"P. N. ULIBNTHAL. Oaabter.

Fureigu Exeliange.

Kountze Brothers,BANKERS,

120 Broadway (Equitable BaUdlns>N E W^ YORK.

LETTERS OV CREDIT ANDCIRCULAR NOTES

Issued for the use of travelers Inall parts of the wtjrid.

Bills drawn on the Union Bank of Ijondon'Telegraphic transfers ma(]e to London and to

various places in the United States.Deposits received subject to check at sight, and In-

terest allowed on b&iances.(Government and other bonds and investment se

Curlties bought and sold on oommisslciL.

Canadian Bankers.

Imperial Bank ofCanada.CAPITAL (paid up), - - -$1,300,000RESERVE, -•--.. $460,000H. 8. HOWLAND, Pres't. D. R. WILKIK, Cashier

HEAD OFFICE, TORONTO.BRANCHES:

St. Catharines, Port Colbome, St. Thomas, IngeraoU,Welland, Fergus, Woodslock,Wlnnipeg, Man..

Brundon.Dealers In American Currency & Sterling Exchange.

Agents in Ijondon : I Agents In New York:BOSANtiUET, 8AI,T&C0.. BANK OF MoNTUKAL,

73 Lombard Street. | 59 Wall Street.

Promptest attention paid to collections payable inany part of t_ anada.Approved Ciuiudian business paper discounted at

the lleud Ottice on reasonable terms, and proceedsremitted by draft on New York.

Merchants BankOF CAIVADA.

Capital, $5,700,000 Paid Up.President, SIR HUGH ALLEN.

Vice-President, ROBERT ANDERSON, Esq

HEAD OFFICE, MONTREAL.GEORGE HAGUK, General Manager.J. U. PLUMMER. Assistant General Manager.

BANKERS:LONDON, ENG.—The Clydesdale Bank (Limited.)NEW YORK—The Bank of New York, N.B.A.

The New York Agency buys and sells Sterling Ex-change, Cable Transfers, Issues Credits available inall parts of the world, makes coUectioHS In Canadaand elsewhere, and issues DnLfts payable at any ofthe oflices of the bank in Canada. Demand DrjiftsIssued payable in Scotland and Ireland, and everydescription of foreign baiiking business undertaken

New York Agency, 48 Exchange Place.

Agents.HENRY HAGUE,JOHN B. HARRIS, JR..

Bank of Montreal.

CAPITAL, -

SURPLUS, -

$12,000,000, Gold.$5,500,000, Gold.

C. F. SMITHERS, President.

W. J. BUCHANAN, Oeneral Manager.

NEW YORK OFFICE,

Nos. 59 &: 61 WALL STREET.WALTER WATSON, ( .„„„,,ALEX'B LANG, i

Agents.

Buy and sell Sterling Exchange, Francs and Cable

Transfers; grant Commercial and Travelers' Credits,

available in any part of the world; issue drafts on_

and make collections In, Chicago and throughout the

Dominion of Canada..

London Office, No. 9 Blrchln Lane.

AGENCY OF THE

Bank

British North America,No. 62 W^ALLKSTREET.

Buy and sell Sterling Exchange and Cable Tran*.

fers. Issue demand drafts on Scotland and Ireland,

also on Canada. British Columbia, Portland, Oregon

San Francisco and Chicago.

Bills collected and other banking business trans-

acted. D. A. MCTAVISH, ( . „.nt«W. LAWSON, SAgents.

Gzowski & Buchan,BANKERS AND STOCK BKOKEBS,

TORONTO, CANADA.Prompt attention given to Cullection of Commer-

cial Bills and Canadian Funds on all point* in Canada;American and Sterling Exchange, and Stocks, Bonds,etc.. bought and sold.Correspondunts-Bank of New York, New York;

and Alliance Bank, Loudo22.

Page 3: March 3, 1883, Vol. 36, No. 923 - St. Louis Fed · 0jllinttt: xmm hunt'smerchants'magazine, ftffiprbsbntinotheindustrialandcommercialinterestsoptheunitedstates vol.36. newyork,march

March 8, 1888.] THE CHRONICLR m

ForolKn Bankon.

The City Bank,tLIMITHD.)

I.OMDOJV, Kl>l«iiLANI».

I'.ii.l-I p ( iiplla hOO.OOOKe>rrvo Kand, 4;j30,000.

HEAD OFFICE, THREADNEEDLE BT.

BRANCUHa:Ilonit St ri'ci, London, | Tottenham Cotti'y Ko«4l.iuluul" lll.l, l/ondoni, I

London.KniuhtMbrUltre, London. Paddlnfrton, London.llolBorn, Uindon, Aldnnte, London.

I old Street, London.

Thelmnlt.iihlleoonductlnK the soneral baalneuof London Hunker*, gl»einp«ol»l attention to theNiconoy of Koreiiiii and Colonial Banka.

A. O. KKNWKD Y, Manager,

Nederlandsch Indische

Handelsbank,AnMTBKDAm, HOLLAND.

K8TA Bi.tsHii> IN isea.

Pald"i;p faplMl, 13,000,000 «allden((14,800,000 Uold.)

IIKAO OFKICK IN AMSTERDAM.Avenolea ii, Batarla. Soerabaiya and SamanuiK

Correspondenta In Padanit.

laane commerolal credlta, make advanoea on atalp

mimta of staple merohandlae, and tranaaet othei

btialneaa of a financial oharaoter in connection «ltl>

the trade with the Dutch Kaat Indlea.

HLAKB BROTHERS A CO.,

AblCNTB rOK NOUTH AMXRICA,

18 WALL STUEET, NEW YORK.m RTATK STREET, BOSTON'

Bank of Australasia,(INCORPORATED 1885.)

K*. 4 Threndnmrtle St., London, Bncland.PAlD-UI" CAPITAL, JEI.200.000.

DNinvIDKD PKOKITS (InclndinK tiimrantee anoKescrTe Kunds) JM5S.1U.

Lettera of Credit and Drnfta issued on the 10''

brancheitof the Bun* In the Colonies of QueenslandNew South Wales. Victoria. South Austrulia, Taania-nia, and New Zeuiiind. Bills nenotiHted or sent for

Collection. TeleKniphic transfers made. Oepoaltjreceived In London at interest for iixed periods otterma which may be uAcertained at the ufnce.

PRIDBAUX SKLBY, SecreUry

Neiv EuKlnnd Banker*.

Hong Kong & ShanghaiBANKING COttl'ORATION.

CAPITAL (paid-up) »5,000,0(Xl

RUSKRVli: FUND 2*i0,0«0

UBAD OFFICE. BONO KONO.The ('orporatit)n Krant Drafts, isaue Lettera of

Credit for «ae of Travelers, and negotiate or collectBilia payable at Bom bay, (^uicutta.^tnifupore.SalKonManila. HonK KonK, Foochow, Amoy, NlnRpoghanilhai, Hankow, Yokohama, UlOKO, San Francia-oo and London.A. ni. TOWM8END, Asent. 47 William Ht

Adolph Boissevain & Co.BANKERS

AND

coininissioN itiebchantsAMSTERDAM, HOLLAND

N. T. Ck>rreapODdent>-MeaarB. BLAKI Bbos. & CO.

Brewster, Cobb& Estabrook,

BANKERS,No. 35 CO>UBKS8 STREET,

MEMBERS OF Tllli NF.W TOBK ANDBOSTON HIOCK EXCHANGES.

ALSO.

Denlera In innnlrlpnl, State, Railroadand Vultud States Bouda.

Perkins, Dupee & Co.,

(rormerlj CHAA A. SmwT ft Co.),

BANKERS AND BROKERS,No. 40 STATE STREET,

BOSTON, MASS.Dealera In Munlclpul. State and Hauruad Bonda.

Baldaore Baakera.J. W. MmnnmoBF, w. B. oumi, o. A. Aiann.

U»fub«n llaltlmore fttook KxAinf,

Middendorf,Oliver& Co.IIANKKIIH AND HKOKKHH,

S. JUr, Corner Oerman & Sootli Sta.,P.O. Box IU7. BALTIMORE, Hd.Special attention Klvon to the nMotlatlon of ror-

elitn Bills of Kxchaotfo, CoUat«r«l Loaoa and CommortHal Paper.INDICATORS AND TKLEPUOIfS tit OITICB.

Bank of Deposit,84 Devonshire& 'JO Water St«.,cor.opp.P.O.

BOSTON.Jnlerest on (hiKts'its subject to check,

lloiiilxand other uinstinents bought aiid sold.

CorresfHtntleitre in rited.

Orders executid id lloaton and \ew York StockJixchatigM, of ich ieh tre are members.

F. A. Hawley & CoBANK

Parker & Stackpole,BANKERS,

No. 60 DEVONSHIRE STREET,

BOSTON.

Gerhard & Hey,R E y A 1..OFFICES AT

LEIPSIC, BERLIN, inOSOOW,NIJNI-NOVOOROD, during the Fair

ConiDtissloiiers & Forwardiii;; Agents,

SUIP BKOKERS.0nde.'*take to oaah Bills, Advancea and FreUtht-

AmonntK : execute all orders In the line of Banktnit,romralsHi(;n and ForwardtnK Business on the moatmoderate terms.Hhlp-owners lire requested to address veaaela tionnd

for Iteval unto the cure of

GERHARD A HE IT,KRVAU KUBSU.

JOSntJA WILBOUB, CHARLES H. SHKI.DOIf, JB.UE.NjAMiN A. Jackson, William Binney, Jk.

Wilbour, Jackson & Co.,BANKERS AND BROKKRS,

52 TTEYBOSSET STREET,PROTIUEIKCE, R. I.

Dealers In Commercial Pliper, Government andother flrst-clasa Bonds and Securities and ForeignKxcbange. „Private Telegraph Wire to New York and Boston.

John A.Hambleton& CoBA14KERM AND BROKERS,

No. S SOCTH STSBBT,BALTIMORE.

OtmtueUd by attdal win witk Une Torlt and PMU-dalpMa OorrMpendafila.

Timoaaot Oenetml Banking BoilneM.Bay and Sell on Commlaalon In thia and other oitlea

a'l desorlptlona of Stocka, Bonda and geomltlea.

Special Attention giTen to InrestmentaLoans negotiated and advancea made OD npvrored

collaterala.

Deposits received snbject to ebeck at alght.

Collections on all points In U. S. and Canada.

C. E. Jackson & Co.,niIDDI.ETOirN, CONN.,

Buy and sell Oovemment, State, Municipal and

Railroad Bonda and Stocks. Investments for Sav-

ings Banks a specialty. Correspondence solicited.

Penn!«yivaiiia Bankers.

Jos. M. Shoemakkr. Robkbt M. JAHNBY.

Jos. M. shoemaker & Co.BANKERS AND STOCK BROKERS.

No. 134 SOUTH THIRD STREET,PIIIL.4DEE]>11IA.

Dealers In all Isstiesof t!ntted States Bonds. Invest-

ment Securities a specialty. Correspondence Invited

and full Information upon nnancial subjects furnished

gHBBHAN S. J KWKTT, PreS. JOSIAH JEWBTT,V-Pre*William C. Cobnwkll. Cashier.

Bank of Buffalo,CAPITAL. 9300.000.

BUFFALO, N. T.

This bank ha« tapertor facilities for maklnit col-lections on all ai^cesslble points tn the Unitedfiitiites, Canada and fSurofio. Liberal terms eztundedto aoci>unts of bankers ami merchMntt.CkiKHKi*FOM>B.NT».—Now Vork, Maiionitl Shoe*

Leiither Bank; Londoo. Union B&ok of London. .^

E. W Clark & Co.,BANKERS,

No. 3.} Mouth Third Mreet, Philadelphia.

DBALKRS IN CAR TRUST* ANB OTHKR W-VE8TMKNT SECURITIES.

Stocks and Bonds bimght and sold on Comralssleu

A. P. Turner & Co.,BANKERS AND BROKERS,

No. 207 WAIJfOT PLACE,PHII.ADEI.PHIA.

Robert Garrett & Sons,BANKERS,

No. 7 SOVTH STREET,BAJLTIMORE,

TRANSAer A OK.VBRAL DOMESTIC ANDFOREIGN BANKINO BUSINESS.

Wilson, Colston & Co.,BANKERS AND BROKERS,

BALTIMORE.INVESTMENT and VIRGINIA SECURITIES a

specialty.Correspondence solicited and UifomuitloD nxr-

nlshcd. _ . „N. T. Corrcspondente-McKlm Brothers A Co.

Southern Banker*.

THE CITY BANK OF HOUSTON,CAPITAL, $600,000,

Houston, Texas.We give special attention to oolleetloiu on all

accessiliie points.DlHEi-rons.—Benjamin A. Botta, Prea'tj F. A.Rloe,

C. ('. Buiciwin. \V. B. Botta. Rob't Brewatcr. S. KMcUhenny. B. F. Weems.B. F. WKKMS, Cashier. BENJ. A. BOTTS,Pre«t.

E. B. BPKRtJSS, Preat. A. K. WALKEB, Cashier

First National Bank,'WILmiNGTON, N. C.

OoIIeotlona made on all parU of the United Statea

WM.C.CoCKTNKT.Prea. BBNESrH.PKlNOLE.CMh

BANK OF CIIARI.ESTON,National Banking association,

CHAR1.ESTON, S. C.

SPECIAL ATTENTION GIVEN TO COLLECTIONS.

R. H. IHAVRV A CO.,STOCK BROKERS,

HICHMOND, VIRGINIA.Buy and sell Government, State. Municipal a»d

Ballrsad Bonds and Stocks, Ac. Virginia StateTaa-Kecelvable Coupona boUKht and aold. All order*pro'T'pttv nttenood tc

New York Correspondent. VKK.MILYK k CO.

MERCHANTS' NATIONAL BANK.RKUmOND, VIRGINIA.

Collections made on all Southern poinu on beetterms; prompt returns. .^ .^ .JOH.N P. BRANCH, President.JOHN F. GLENN, Caeh. FRED. B. ScoTTiVlce-Piee't.

Geo. B. Hill & Co.,BROKERS,

PITT!!tBlJRG, PA.,

But aad eeU all da-sscs of Weatern PeniisylTanIaSeouiltlee. Corre^poadeiica soUoOed.

Thos. P. Miller & Co.,BANKERS.

MOBILE, ALABAHIA.Special attention paid to collectlona, with prompt

remittances at current rate* of cxchamje on dayotpayment. Buy and aeU State of Ahibtuna and City

of Mobile Bonda. _ , , „ .. .^Correspondenta.-Bank of the State of New York.

New York : I.<iulslBna National Bank. New Orleaiu t

Bank of Liverpool. Limited. IJverpool.

TIIOMAi BRAXCII & CO.,BANKERS AND COMMISSION MERCHANT*.

RICII.nOND, VIRGINIA.TIrclnIa Bonda funded under the Fundln* Ac*

peased by the last lx«lslatnre,for M V«rcaM oomJJKfiT New North Carolina B per<^^SSS^JT"^by lien on the State's stock In til* Nfl«*h "Batlroad, for asl*.

Page 4: March 3, 1883, Vol. 36, No. 923 - St. Louis Fed · 0jllinttt: xmm hunt'smerchants'magazine, ftffiprbsbntinotheindustrialandcommercialinterestsoptheunitedstates vol.36. newyork,march

THE CHRONICLE fVoL. XXXVL

Wealem Bankers.

Mortgages on Farms

Kansas City Real Estate,

NETTING SETEN Pm CENT

SSemi-Annnal Interest to Inrestors.

We neeotlate I>oans on ImproveiJ and productlTefarms In fie best portions of Kansas and Missouri,

worth from three to five times the amount loaned.AcknowledBBd to be the most SAFE and PKOFIT-

ABLB form of investing money known.In an experience of many years and loaning two

million dollars, not one dollar lost. „„,„ „„, „We assume the responsibility of MAKING ONLY

SAFE LOANS ; of colleotlnp the interest and prin-

cipal and remlttinB to investors, FREE OF CHARGE,and in ease of any trouble or delay in making suchcollections, AGRKEING TO STAND ALL EX-PBNSK and SHIELD INVESTORS FROM LOSS,TITLES GUARANTEED, ALL FUNDS PROMPT-LY PLACED. Write for circular and full particulars,

stating amount you would wish to invest on satisfac

tory evidence as to securities, titles, &c. Address,

B. P. MORGAHT,GENERAL AOBNT FOR NEW ENOLAND

No. 3 Cnstom Honse Street,

PROVIDENCX;, R. I.,

ORJARTIS, CONKLiIN & €0.,

LOAN BROKERS,

KANSAS CITT, MISSOURI.

Financial.

Sam'l A. Gaylord,ST. LOUIS,

DEALER IN WESTERN SECURITIESDefaulted County, Township and City Bonds of

Missouri. Kansas and Illinois bought at best rates

Investment Securities for sale. Correspondence

ioltoited.

TH08. M. Thorwton. Wm. W. THORNTON, Cash

W. F. THORNTOIV & SOIV,(Established 1859.)

BANKBRS .IND UROKKRS,BHELBYVILLE, ILLINOIS.

Collections made in Sbelbyand adjoinloK Countiesand Proceedft remitted on Day of Payment.KEFERENCE8—National Bankof Commerce.New

York. Union National Bank, Cincinnati. ThirdNational Bank, St. Louis. Traders' Bank, Chicaso.Indiana Bankins Company, Indianapolis.

THE l^TESTERN

Farm Mortgage Co.,liAW^RENCE, KANSAS,

Offers to Investors the best securities In the marketFIRST MORTGAGE LOANS UPON IMPROVEDFARMS. Interest and principal paid on day of ma-turity In New York, Funds promptly placed. Largeexperience. No losses. Send for circular, referencesnd sample forms. F.M. PERKINS, President: J. T,WARNB, Vice-Prest.j L. H, PERKINS, Secretary:CHAS. W. GILLETT, Treas. N, F. HART Auditor!

C. l-. PENZBI, ( STATE BANK, >C.T.WAI,K»FPresident. ( Inoorporeted 1875, J Cashier.

German Bank,LITTLK ROkK, ark.

CAPITA!. (Paid-in) SrS.OOIt8tJRPI.lJ8, 23,0U0Prompt attention Riven to all business In our lineN. Y.COBBI8PONDKNT8—Donnell, Lawson 4 Oo.

%ndthe Metropolitan National Bank.

ESTABLISHED 1871.

P. F. KEL.EHER & CO.,S05 OLIVE STREET, ST. LOUIS,

Dealers In tVestern Secnrltlos.Defaulted Bonds of Missouri Kansas and Illinois a

Specialty. Good Investment Securities, paying from4Jtto 10 per cent, for sale.

< f -i "n "•"

References in New York, by permission, Clark,Dodge & Co 51 Wall St.; Hatch & Foote, 12 Wall StReferences In St. Louis. Banks generally.

I'liKtnclal.

•'• ^Jf^^r'^li^.S"^'^^^' H- CKUGER OAKLEYW. R. TKATERS, Special Partner.

Prince & Whitely,No. 64 BROADWAV, NEW YORK.

(Branch Office, 180 Finb Ave.)

an^d"s„"lro1fcom,S?"toS"""'*"°'°« 8'<""» »<>'«''

.„'^^''!?, I'elegraph Wires to Philadelphia, WUmlng.New uiVS""' ^"'"°K*°"- Boston, firidieport ^d

Gilman, Son & Co.,BANKKR8.

63 OBDAR STREET.In addition to a General Banking BnslQess, buy

uid^ell OoTemmeot Bonda and InTeatment Seenrl-

Barker & Tinker,BANKERS AND BROKERS,

No. 2 EXCHANGE COVRT,'Sewr Tork.

FORDYCB D. BABKER, Member N. Y. stock Exch.Henry C. Tenkb , Rensselaer Weston.

Howard Lapsley & Co.,BANKERS AND BROKERS,

No. 5 W^AIili STRE E,T

,

New York.

c?G Co.BANKERS,No. 18 W^AI.1. STREET,

New York,Transact a General Banking Business, including

the purchase and sale of STOCKS and BONDS forcash or on margin.

Buy and Sell Investment Securities.P. O. BOX 2,647.

A. M. KTDDEB. WAYLAND TBASK. H. J. MOKSE,W. C. HILL.

iSoodif,

B A N K E R !«,

5H Broadway, cor. Exchange Place* N. YBranch Office, I'iH I^a Salle 8t., ChlcRKO.

TRANSACT A GENERAL BANKING BUSINESS,INCLUDING THE PURCHASE AND »ALE OFSTOCKS AND BONDS FOR CASH OR ON MAli-OIN. BUY AND SELL INVESTMENT SECUIU-TIBS. INTEREST ALLOWED ON DEPOSIT^SUBJECT TO CHECK AT SIGHT.

P. O. Box 447.D A. BOODY, C. W. McLKLLAN, Jr.

Reuben Lxlanb.

^LLij^js.pouDEN 3(Jejvi^ins.

25 fme §t. - l^euuYoRiO

Purchase and sell on Commission GOVBRNMENTand RAILROAD BONDS and STOCKS, and all

classes of Securities dealt In at the NEW YORKSTOCK BXCHANGB, or all reputable Securitiesbought and sold In the OPEN MARKET. LOANSand COMMERCIAL PAPER negotiafert. tntorost

paid on DBPOaiTS, subject to check.

WANTED BY

BANKERS^Col. & Tol. RR. Ist & 2d 78.|C. Rap, la.F.A N.W.lst 7s.

Col.& Hock.RR. lst& 2d 7s. C.Ham.&D.RR.Con.6s&78.Ohio & West Va. Ist 78. Milwaukee City Water 7*.

Jeff. Mad,& Ind.lst & 2d 78.|Clnoln'tl City 8s,7s&73-10sCln. Ind. St. L. & Chic. RR. 1st Con. 68.

TO Excbange Place, Near Broadway, N.Y.B. H. DEN8LOW, Member N. Y. Stock Exchange.I) A EA8TON. H, H, Herts. S. H, Nichols,

P. O. BOX 1589,

BANKERS,UNITED BANK B U I I. D I N G

,

Wall Street, Corner Broadway.STOCKS, SONDS <t OOMMJiJiViA J. lu I^JSh..

Stocks and bonds bought and sold on commission atNew York Stock Exchange. Advances made on busi-ness paper and othei- securities.

Wm. K. kkniia:.!.Wm. D. Hatch,Member N. Y. Slock Exch.

^iciMv 8c ^io^nhoM^No. 31 WAlil, STREKT,

BANKERS AND BBOKBRS,Refer to Messra. FISK * Batch,

Financial.

E!«TAB1,I8U£D1864.

Coleman Benedict & Co.No. 24 BROAD ST., NEW YOKJf,

STOCIi!» AND BOKD&,MEMBERS OF THE N. Y STOCK EXCHAN6KA strictly commission business conducted in the

purchase and sale of Stocks and Bonda on Marginor for Investment.Complete Financial Report issued weekly to our

correspondents,

I. F. Mead & Co.,b.TOCK BROKERS,

80 BROADW^AY, NE^V KORK.Jranch OtBce with Private Wire at 23 West Twenty-

Third Street,Buy and sell on commission for Investment or on

margin, all securities dealt in at the New York StockExchange.R, R. Leab. I. F. Meab, t. H. Cdbtih

Member N. Y. Stock Bxoh

W. B. PBAEL. Dyer Peabl,Member N.y. Stock Exch.

Pearl & Co.,BANKERS AND BROKERS,

16 BROA» STREET, NEW YORK.Stocks and bonds bought and sold on commission.

Interest allowed on deposits subject to sight draft.Letters of inquiry clieerfully answered.

John S. James & Co.,Commission Stoclc tiroJcers,

No. 16 BROAD STREET, NEW YORK.John s. James, Wabren T. jambs.

Member N. Y. Stock Exch.

Stocks, Bonds, Ac, bought and sold for cash or onmargin.

THOS. a. VYSE, C. C. BROtTX.W. E. D. VYSE, Member N. Y. Stock Exchange.

Vyse, Son & Broun,BANKERS AND BROKERS

No. 3 WALL STREET, NEW YORK.Stocks, Bonds and Government Securities bouRht

and sold on commission. Interest allowed on tie-posits subject to check at siglit.

Cahoone & Wescott,No. 3 New Street &. No. 82 Broadway,

OOTERiyME]\T BOIVDS,STOCKS AND INVESTMENT SECURITIES.

time: liOANS NEGOTIATED.Stephen Cahocve, Jr.. Wm. p. Wescott.

Member N. Y. Stock Exchange.

Pollock & Bixby,BANKERS ANB BROKERS.

25 NASSAU STREET. NEW YORK.Bay; and sell on commission, or carry on manrtn. all

securities dealt in at the New York Stock Excoanife*

Wm. Pollock, A. J. BixbyMember N. Y. Stock Exchange.

Randall & Wierum,50 EXCHANGE PLACE,

iSrolcers in Railroad Stocks and Bond^aOVBRNMBNTS <t iVBElOl!, BXOHANQIS.

(;aAS. K. RANj).&i,ii. Otto C. Wikbc^-^1 ember N. V. Stock Exchange.

;i>HNPoNI>IK. EDtTABD.MEETEXS. ADO. N .A.THA>

Pondir & Co.,StocJts, Bonds & Investment Secnritie:*,

iO EXCHAN«JE FI.ACK. NEW YORK.Orders execuled on the JLondon and CoropeaD

markets.

B. C. HUMBERT, John J. C. HtUIBEKT.Member N. Y. Stock Exch.

E. C. Humbert & Son,BANKERS AND BROKERS,

Nob. 37 & 39 XVAImIa STREET,QUEEX BUILBINO, NEW YOKK

Wm. p. Humbert & Co.,BANKlERS AND BROKERS,

No. 7 Nassan Street, New Tork.

Wm. p. Hpmbert, Edwabd S. Benesioi,Member N.Y, Stock Exch'ge, ,

Member N.Y. Produce Excii'ks. V

Page 5: March 3, 1883, Vol. 36, No. 923 - St. Louis Fed · 0jllinttt: xmm hunt'smerchants'magazine, ftffiprbsbntinotheindustrialandcommercialinterestsoptheunitedstates vol.36. newyork,march

MAKcn 8. 1883.J THE CHRONICLE.

Financial. FInanelai.

The New England

Mortgage Security Co.OFFKRS FOR SAIiK

6 per cent 20-]rear Bonds, $1,000 each,

SBCUUKI) nv KinST MOUTCSAGBa ONIMI'ROVKI) KAItMS.

Qnarantood, l*rlnclpal and Interest, by Its

CAPITAL STOCK OF $1,000,000.Interest Coupons piijrnblo July 1 ajid Jon. 1.

Bonds roxlstered to order or payable to bearer at

option. These bonds are oommended to the attentionof the most conservative Investors, as they are be-lieved to bo as perfect a security as can be obtained.A piunphlet with full Itifiiruiutlon vrlll be sent on

ftppUoatlon to the company's ofUce.

43 nilLK STItKKT, BOSTON.DIUKCTOKS.

HINBV SAI.TONBTAl.I,, AUSTIN CORBIN,K.KIJJHTON PiiATT, J. Baiter UpnAM,ld. i'akkswohth, oilman 8. muulton,

chari.k8 1.. ki.int.vick-1'ue81dknts.

Thomas Wiooleshoutu, heo. c. hicharosok,AXKIK8, John Weustkr,

Amos T. KROTiiiNtiiiAM.CHAKI.KH I.. Kl.INT, I'resldent.

J. F. v. BRISWSTKK, Treasurer.

Bonds ol" Suretyship.FIDELITY A CASUALTY CO.

OF NEW TORE.AneU WOO.OOO 00Capital Invented In D. 8. Bonds 250.000 0«On deposit with Insaranoe Oepartment.. 100,000 00

Ofllctals of Utinks. Itallroads and TransportationCompanies, .MauHuers, Secretaries and Clerks ofPabllo Comi'uiiios. Institutions and Commercialfirms, cun obtain security from this Company, atmoderate chiu-tres.'ih« oontls of this Company are accepted by the

courts of the Statu of New York.Full Information as to details, rates, &o., can be

obtained un application to head otfice. 179 Broad-way. N. V.Wm. M. UicnAROK, Prest. John M. Crank, Scc'y.

11. Black and W. Uartey Lee, Inspectors.DiUECTOKS—Ueorue T. Uope,U. G. Williams, Geo.

B.Coe, Cbarlej Dennis, J. S. T. gtraaahau. A. B,Hull. A. S. Baruas, S. B. Chittenden, H. A. Uurlbul.W. G. Low, David Uows. J. D. vermilye, Alex.Mitchell, Wm. M. Ulchards.

TJontls of SuretyshipFOR OFFICERS AND KMPLOYBKS IN

POSITIONS OF TRUST.

The Guarantee Co.OF NORTH AMEKICA.

Casta Capital f,100.onoCash Asjiels over S75.000Deposit with lusorance Department iiOO.OOO

President: Manaeiny Director

:

Bo. JLLtx. T. Qalt. Edward Kawusos.NBW YORK OFFICE:

No. 178 BROADTTAY.NEW York Directors.—Joseph W. Drexe), A. L.

nopkins. 11. Victor Newcorab, John Paton, DanuiTorrance. Kdw. F. Winslow, ISrastus Wiman.

Transacts no other business.;

Metropolitan Trust Co.,17 Kassaa St., New Iforb*

PAID i:p CAPITAL, $1,000*000.Desiiinated as a lojial Depository by order of Su-

preme Court. I:ecpive deposits of money on interest,act as flucal or transfer agent, or tnmee for corponi-Uons and accept and ejcecute any le*:al trusts frompersons or corporatlftns on as favorable terms asother stuiltarconi panics.

THOMAS HlLTiHOrSK, Proslden..KUKIJKUIC J>. TAPPKN. Vice-PresidentWALTKK J. BUITTIaV. Secretary.

AMERICANFINANCE COMP'Y,

5 dc 7 Nas.aD Street, Jiew York.31 Sontb Third Street, PblladelpUa-

Portland Block, Cblcago.

Capital Stock, 91,000,000

The Brooklyn Trust Co.Cor. of Uontajiua & Clinton sts., Brooklrn, N. T.

TbUCompwiy Is aatborlsM brspMUI charter toact as receiver, trtute.. guardian, MCMOtor, or ad*mlnlstmtor.

It can act as wont In tba isl. nrnuknacemanto'real estate, collect Intwat or dividends, reoelv'registry and transfer book., or make purcbaM andjalo of Qovemment and otbor secnritlM.

Uellirious and charitable Institutions, and person,unaccustomed to the transaction of boalnMs, willfind this Company a safe and convenient depositoryformoney. CUAH. It. MAKVIN, Vice-President.

TIllISTKKH:John P. Rolfe, Clms. K. Miirvin, Henry K.Sheldon,B. K. KnowltOD, Josluh o. I.ow, John T. Martin,II. K. Pierrepont, Alex. McCuo, Kdm'd W. CorliosAlex. M. White, A. A. Low, Fred. Cromwell.Uenry Honser. WM. H. MALB, Secretary.JA8. It. CunnAN, Asalstuut Secretary.

SODNB UTVESTMBNT SECURITIES fomlsbetto Corporate and Private Investors.

CAPITAL rURNISHED OR PROCURED foi

Batlroad Companies having lines under construction

mid their t)onds purchased or negotiated.

FINAKCIAL NEGOTIATIONS conducted foi

Ooonties. Towns and Cities, and for Ballroad Com-pviiea and othcrCorporatlons.

WILLCONDUCTTHEFINANCIAL REORGAN-IZATION of Railroad Companies and other Corpora-tlons whose property is in the hands of Receivers or

Itustces.

WILL BDY AND BELL INVESTMENT SECUIU[TIK8 en Commission.WILL BUV OR SELL DEFAULTED BONDS or

eonven them into Intercst-pii jing investments.Circulars aud other information fumlahed on .]>.

plication.

JOHN C. SHOnT, Prcldent.M"ja, P. WATSON, Soc'y and Trea*.

Safe Deposit VaultsOF

The National Park Bank214 & 310 BROADWAY.

ENTHANCE THROUGH THE BANK.

Bankers' Safe Deposit CoUNITED BANK BVILDiyO,

Cor Wall Street and Broadwaj.

s aIFe 8OF MOST APPROVED CONSTRUCTION FORBankers, Urokers, Merchants, &c.

DEPOSIT lOVR SECURITIESIN TBI

State Safe Deposit Vault,Cor. William St. Sc. ISxcbanse Place,

Under the National Bank of the State of New York.

Bt;KGI.AR AND FIRE PROOF.

H. L. Grant,No. 145 BROAD WAV

NEW TORK.

CITY RAILROAD STOCKS & BONDSBOUOUT AND SOLD.

See quotations of City Railroads in this paper.

Stewart Brown's Sons.WM. HARMAN BROWN. DATTSON BUOVTNGEO. AuucANDEu BBowN, Memb. N. V. Stock Eicl:

No. 38 PINK STRE£T,NEW TORK.

GoTernment Securities, Stocks & BondsBOUGHT AND SOLD ON COMidIS3ION.

J. P. WINTRKSGIIAII.GAS, INSURANCE, BANK STOCKS,&C.

BE017IUTI1SS BOUOHT AT THK AtJCTlON SALES,

36 PINB STKEET, N. Y.See advertisement In the J^ourrial of Commerce,

FInMielAl.

JOSEPH P. LLOYD. W. C. MCKKANMember Of N.Y. Stock Ezch'g&

Lloyd & McKean,No. 34 WTALI. STREKT, NBW YORK.

BUY AND SELL-ON COMMISSION

GoTernment, RaUnray and SUacella^neoo. Securttle*.

T. C. Walcott & Co.,BANKERS AND BROKERS

No. 3 Pine Street, Ne\ir Torb.Transact a General Bunking Puslnessj Bijy a3>d

Sell on Commission, Ifir cash (^r on ra:irK!n. all Securi-ties dealt In at the Xew York, Philadelphia, BoatODaud Chicago Stock E.xchangci.

Branch Office, 320 Rroadtray.JOB. C. Walcott, I Members of the N. Y. StockFUANK F. DICKINSON, f and Mining Stock Ex.cb'»ea.

Fred. H. Smith,STOCK AND BOND BROKER,

20 BROAD STBEET, NEW YORK.

Railroad Secnritles a Specialty.

Intimate knowlcdKO of all for past flfteen rears-Information cheerfully Rtren. Investors or dealerswishing to bnv or sell are Invited to ooDimunloite.All stocks dealt la at Now York Stock UxotmnEe car-

ried on margins.

Taintor & Holt,BANKERS,

M*. 1« WALL STREET. HEW YORK.TRANflACTaOENBKAL BANKIItO baslntM.DRP08IT8 received aad INTEKB8T allowed o

balances.

Boy and sell OOTBRNMENT, MDMICIPAL andRAILKUAit Bonds.Private telegraph wires to Providence and Bostoa

O. E.TAINTOH. OBO. II. UOUF

WAunox H. BRowir. Frkd. a. Bbowv.Ubkbcbt p. BBO>nf.

Walston H.Brown& BrosBANKERS,

No. 30 Nauaa Street, New York.BPECIAIi ATTENTION GIVEN TO TUB NBSO-

TIATlON OFRAILROAD SECURITIES.

GioiiaB stabk. JOHH r. STABK

George Stark & Co.,BANKERS, -

No. 33 Naasaa Street Netv York,TRANSACT A GENERAL BANKING BUSINESS

AND BUY AND SKLL INVESTMENTSECUHITlKS.

' ITave constantly on hand and for saleWESTERN CITY AND KAll.M .MOKTOAGE8,

Bearinfr 7 to H per cent Interest.WESTERN MUNICIPAL BONDS.

ClrcQlars with fall particulars mailed on appllcatton*

Wood, Huestis & Co.,31 PINE ST., NEW YORK.

BANKERS AND BROKERS,SUCCESSORS TO

WOOD & DAVIS.Execute orders In all secarities listed at the NewYork Stock ExchanKe. For Bale.Fibst-Class uailuoab ** 1st MORTOAaB Bonds.GEORGE C. WOOD. C. U. UUESTia L. M.8WAN

WM. M. Earl, a. H. Dayton. Geo. h. StatnkbMember N.Y. Stock Exch. SpecUL

Earl & Dayton,BANKERS AND BROKERS.

tr TO 69 drexeTj building,Neiv TCotU.

STOCKS ANT> BONDS BOUGHT AND BOLDSTRICTLY ON COMMISSION

Geo. K. Sistare's Sons,17 MASSAC ST., NEW YORK,

DEALERS IN

FIRST-CLASS INVESTinEKTS.Bny and Sell on Commission, for caah or on mar*

gin, all securities dealt in at the New York Stock

BxcbaiiRe.

Interest allowed on dally balances.

All deposits subjeet to check at sight.

Particular attention to orders by mall or tale

graph.

C. H. Bachem,{LATE LIMBERT a CO.),

BANKER AND BROKER,19 A 21 NASSAU BT„ NEW YORK.

Member of New York Stock Kinhange.

Stockfl and bonds bought and sold on commlsstfor casta or on approved margin. CoUectluns madeUnited State* aud Europe.

N. T. Beers, Jr.,

Brooklyn Sccnrliios, City Bonds.

Gas Stocks, &e..

No. 1 NBW STREET,NEW YORK.

Wm. Fisher & Sons,BANKERS,

And Dealer* In Govcniments, Stoekaand luTentment .Secnritles,

QnOBin Second St , 34 SOUTH STHKKT,BALTinORE, HID.,

Have Western Union wires In their ofllce*, tjmeans of which Immediate commnnlcatloii can behad with all commorctal polnia In the country. *-peclal attention given to purchase and sal* of vii;

flnla Con-ols, Ten-forUes, Deferred and all Isane*

of the State, and to all daaaes of So"""*™ *»»'?•

City and lUUway SewrlUe*. Cort*apondenoe so-

llclled.

Page 6: March 3, 1883, Vol. 36, No. 923 - St. Louis Fed · 0jllinttt: xmm hunt'smerchants'magazine, ftffiprbsbntinotheindustrialandcommercialinterestsoptheunitedstates vol.36. newyork,march

Tl THE CHRONICLE. [Vol. XXXVi.

Financial.

THE INTEREST ON THE FOtliOW-ING bonds 1» puyablo at tho biinklnB house of

Messrs. WIN'SI.O yV. LAXIKH & CO., comer of Nas-

sau and Cedar Streets, Xew Vork City, on and after

March 1, 1883

:

Central Mint Company of Mexico-Debenture 7s. _ „ _

Columbus Hocking Valley & Toledo KailwRr Co.—General MortwasfO 5s. „

Columbus & TolCilo Uiiilroad Co.— .

Second MortgaKC 7s.

Dayton & Mlcblwin Uiiilroad Co.—Second Mortgage 7s.

Toledo Depot Second Mortgage 79.

Indianapolis, Indiana-School 6s.

Logansport, Indiana-Funded Ix>an fJs.

Miami County. Indiana-Gravel Koad Os.

Pittsburg Kort Wayne & Chicago Railway Co.—First Mortgsig 7s, Series " 0."

Second Mortgage 7s, Series I.

Eaulpment Mortgage Ss.MARCH 8.

Blackford County, Indiana-Winter's Gravel ltoad7s.

MAliCH 10.

"Vermillion County. Indiana-Gravel Koad 7s.

MARCH 11.

Harion, Indiana—Township Ofl.

MARCH 15.

Mitchell, Indiana-School 73.

MARCH 18.

Vigo County. Indiana-County He.

MARCH 25.

Adams County, Indiana—Gravel 6s.

THE UNION PACIFIC RAIIiROADCOMPANY

OMAHA BRIDGE BONDS.In accordance with the provisions of tho above

bonds, we. the undersigned, hereby give notice thatthe following numbers, viz.:

673a0376S6

SS6116651233190117092162799422

1437561298948163142714351381892

20742290

15190410024031811228710(U18904571711100

1845110011701213150090813701255

77231107

241517501723209914S475328

19091073COS1058

1624IIU297800453

248724051004111315750

1004 21991891 1374868 3431527 5191928 1112132 720189

177218331360916

were this day designated by lot in our presence tobe redeemed, together with t'te premium thereon, asprovided in said . onds,at the l..ondon & .San Fran-cisco Bank, Limited. Net. 22 old llroad Street, Lon-don, K. C, Kngland, or at tho olBce of DREXEL,MORGAN & CO., in the City of New York, on theIst day of April, 1883.New York, Nov. 15, 1882.

J. PIKllI'ONT MORGAN, ) Tv„,,.p,

J. HOOD WKIGHI', of Drexel, Morgan & Co.IL. 8.] Attest. WALTER li. Horn,

Notary Public, lUnga County,Certitluttte filed in New York County

OREGON IMPROVEMENT COMPANY,NEW York. Ft-bruary 15, 1883.

Tho Board of Itirectors have declared the first8EMI-ANNUALD1 \ lUKND of 1 HKEE A_ND ONEHALF PBK CKNT (3jb per cent), payable Mar. 16,1883, at the oihce of the t iirmers' ijotui & Trust Co.,to the Btockliolders of record March 5, 1h83.The transfer books close March 5 and re-open

March 20, 1883.T. H. TYNDALB, Secretary.

CALDWELL,, WASIIUVRN ATOWKSEND,

BANKERS AND BROKERS,UNITED BANK BDIIiDINO,

BROADWAY AND WALL STREET.Transact a gencnil Banking Business, including thePurchase and Sale of all Securities dealt In at theNew York Stock Exchange.Interest allowed on deposits subject to sight draft.

C. B. CAijiwuLi,. L. C. Washburn,CUAB. J. Tow.MBEND. Member N. Y. stock Exchange.

To Investors.BROOKLYN AND NEW YORK

SECURITIES.CITY BONDS,FRANK B. BEER»i,

18 Court St, 81 Ptne St.,

BROOKLYN. NEW VOilK.

GAS STOCKS,KAILKOAD

STOCKS

REED & HURLBUT,5S WII^I.IAM STREET.

FIRST-CLASS

Investment Bonds.

Schuyler N. Warren& CoSI Exclianee Place.

IMTESTMENT SECURITIES.Qty .RaUnwd. Gas, Electric Light and Mlscellaneoai

llStocks and Bonds.

Financial.

Welles Building.Borne offices, both lar^to and small, suitable for

Banklnff, Insurance, Brokers, Lawyers, and other

business purposes, are still unlet in this magnificent

building, situated on Broadway and Beaver Street,

opposite Bowling Green. This building is bo thor-

oughly flre-proof that the owner has no insurance

thereon whatever. The boiler-room is outside andseparate from the building, which avoids all dan-ger from explosion. Every ufBce is well lighted andventilated, and the plumbing work Is on an entirelynew system, and so constructed as to exclude ."ewergas and noxious odors of every kind, and every office

is abundantly supplied with pure spring water froman artesian well on the premises. For rent and par-ticulars apply in said building to

M. M. VAIL,No. 18 Broadivar, New Tork.

Prentiss & Staples,

No. 11 \rAI.I. STREET, NEW VORKAND

308 MONTAG17E ST., BROOKI.¥N.

«AS STOCKS

OAS SECURITIES,treet Railroad Stocks and Bo«idg,

ASD ALL EIKDS 07

BROOKLYN SECURITIESDEALT ITi.

8KB GAS QUOTATIONS IN TEQS PAPER.

Gio. H. Prentiss,

Financial.

CXHUu B. Staples.Member N. Y. Stocii Exchange.

A. W. Beasley & Co.,

BANKERSAND DEALERS IN

INTESTMENT BONDS,No. 98 Broadnray, Nenr York.

We offer a large line of CHOICE Railroad

SIX FER CENT bonds on desirable terms to

buyers and InTestors.

Investment Bonds.FIRST-CLASS RAILROAD BONDS,

PAYING

5 Per Cent to 7 Per CentPBR ANNVM ON AMOUNT INVESTED,

FOR SALE BY

TOREY & KIRK,No. 4 BROAD STREET, NEW YORK.

I>EFAi;i.TEI> SECURITIEStaken In payment at full market rates, when desired.

R.T.Wilson & Co.,BANKERS AND COMMISSION BtERCHANT^

2 EzcbanKe Toiirt Nenr York

STOCKS and BONDSAt Auction.

The Undersigned hold REGULAR AUCTIONSALES of all classes of

STOCKS AND BONDSON

WKDNKSDAYS AND SATURDAYS.

ADRIAN H. MVLEER & SONNo. 7 PINE TREET. NEW YORK. _

Connty, Cltj&:Town Bonds ol West.8tatotWisconsin Central KR. Old Land Grant Bonds

St. Joseph & Western RU. Stock.St. Joseph & Pacific KR. Bonds.City of St. Joseph Mo., Old Bonds.International Improvement Co. Subscriptions.Brooklyn Klevat«a RR. Securities.American Cable Co. Sub.scrlptioa8.Midland Hiiilroud of N. J. Securities.Chicago & Grand Trunk RR. Securities.South Carolina Kit. Securities.Grand Rapids A Indiana KK. 8tock.Cincinnati Richmond & Fort Wayne Htock.

BoDKht by WM. K. UTI.EY,JNO 31 PINK 6 VBKKT. NBW YORK «

Albert E. Hachfield,17 NASSAU STREET.

Bonds and Invegtment Securitie»WANTED:

Indianapolis & St. Louis Ists,

Joliet & Northern Indiana Ists.

Cincinnati Hamilton & Dayton Bonds.

Missouri Kansas & Teias Scrip.

R. A. Lancaster & Co.,BANKERS AND BKOKEflS,

tS6 BROADWAY, NEW YORK,DKAT.KKS IN

First-Claas Investment SeciirltleB.GOVERNMENT BONDS. STATK, CITY, COUNTSUAILIJOAD & MlSCI4LLANP;(>a.S SKCiriilTISS

Bought and Sold ou Coiamlsmob.Viroinia Tax-BiceimMe CoHrmnn Bimoht.

SOUiUERN HECriiiriES A SPKOiALlr.LOANS NEGOTIATED.

IN'TEKEST .Ai.I.OWKD OV DWI'OSITS.

No. 21 NASSAU STREET,

DEALEn IX

CITY RAIE^VAY STOCKSGAS STOCKS.

Tclcgrapli and Cable Stocks.

TRUST COS.' STOCKS.

Bank Stocks. Insurance Stocks,

8 % First MortgragresON

COTTON PLANTATIONS,WORTH THREE TliTES THE LOAN.

For security, profit. Income and area, these affordthe most desirable Income securiiy In existence.These investments are made under our personalsupervision, and are only to be obtained during th©-Winter Months. Send for circular.

FRANCIS SmiTH & CO.,VICKSBUBG, MISS.COLUMBUS, MISS.

INDIANAPOLIS, IND.

;

MONTGOMKBY, ALA.i

J. C. Chew,No. 7 WALT, STREET, NEW YORK.

TEXAS RAII.AVAYS,BONDS, LANDS, &C.

Desirable Texas Securities for Investment con-H'HnMv in hanr

Central Trust CompanyOF NEW YORK

15 Naaaau St., Cor. of Pino St.

CAPITA!, $1,000^ in U. S. Bonds.

W^lth $1,000,000 SURPLUS.Allows interest on deposits, returnable ou demand,

or on spef iflt'd dstes.Is a 1c«h1 depository for money paid Into Court. Ifr

authorized to act as K'jtoc.itor, Adnilnislrator, Guar*dian. orin any other posKlon of tiust.Also as Resistraror TrttMsfer A;rent of Stocks and

Bonds, and as Trijsloe f(»r Railroad Mortif'tgos.IIKjNKY F. Sl'All.Dl.NG.l'rcsidciit.

11. B. SHERMAN, )» "ce-i rosiaentj.

C. H. v. BA B(K)(K', SecretaiT.OKuKaK SHERMAN, Assistant Sacrstux.

BOARD OF TKUSTKB8.CLASS or 1881.

A. A. Low,Fred'k H. Cossitt,Jac'bD. VennllycWm. Allen BurlerPercy K. Pyne,Win. H. AppletonBum. W. Corlies,GPO.MacC.MIiler,Cornelius N, Bliss

CI.ABS OS' 1885| Class or 1888.S. D. Babcock, David D,.WB,I. N. Phelps,Jno. Thome,Amos 11, Kno,Gust'v SchwabJ. V. Wallace,JOBiahM.l'lskell.F.SpauidlnRJ. S. Kennedy,

ijp.oTtie W. l.an«,RenJ. H. ,-:herman,J. l'lertH>nt Mortfaa*t'lias. Latiler,Georffe 1. Seney,('has. G. IdindoH,Wm. H. W*bb,Fred. P.Oloott.

Spencer Trask. Geo. F. Peabody.

Spencer Trask & Co.yBANKERS AND BROKERS,

70 Broadway, New York City.

Transact a General Banking Business.

Stocks Bought and Sold on Margins.

Interest Allowed on Deposits.

Bba>xh Offices,

Connected by Private Wires,

Philadelphia, 132 So. Third St., C. F.Fox.

Albany,N.Y.,65 & 67 State St.,'W.A.GRAVB3

Saratoga, N. Y., Grand Union HoteLI

i

Page 7: March 3, 1883, Vol. 36, No. 923 - St. Louis Fed · 0jllinttt: xmm hunt'smerchants'magazine, ftffiprbsbntinotheindustrialandcommercialinterestsoptheunitedstates vol.36. newyork,march

kmtkHUNT'S MERCHANTS' MAGAZINB.

KKPRKSENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OP THE UNITED 8TATK8fEatered, kooordlDR to wst of CooKrem, In the year 1883, bjr Wh. B. Oaka * Co.. In the iifHce of the Librarian of OonsreM, Waahlngton, O. CI

VOL. 36. SATURDAY, MARCH 3, 1883. NO. 923.

C ONTE NTS,THE OHBONIOT.E.

The nnanclal Sltu.itlon 231TheCentnU i'oclflo's lucomo In1882 233

Cotton Consumption ami OTer-laud Movement to March 1.. 231

Financial Review of Febru-

The Debt Stateinont for Feb-ruary, 1883 287

United Btatea Treasury State-ment 237

Monetary and CommercialEnKllsuNews .. 238

•ry, 18S3 236 Commerulal and MisoellaneoosI

News 239

THE BAKKEEiS' GAZETTE.Honey Market. rorel«n Ex-chaneo. U.S. Scouritios, Stateand Railroad Bonds andBtocka 211

Ranice In Prices at the N. Y.Stock Exohanee 242

Railroad Earnings and BankReturns 213

Gonernl Quotations of Stocksand onus 211

Investments, and State, Cityand Coriioratlon Finances.. 250

THE COMMERCIAL TIMES.Commercial Epitome 2511 Breadstufts 2fi0Cotton 253 1 Dry Qouds 261

The Conxbkcul and Fuiaxcial Chroniclb u piMished inNew York every Saturday morning.

I Entered at the Post Office, New York, N. Y.. as second-class mall matter.]

TERMS OF SUBSCRIPTiON-PArABLE IN ADVANCEiFor One Y<:iir (including postage) $10 20.

For Six Mouths do 6 10.

Annual subscription in London (including postage) it2 78.

Sixmos. do do do 1 88.

Subscriptions will be continued until ordered stopped by a writUnorder, or at llie pHbliculinn oj[Hc€. The I'ubUsherfl cannot be responsiblefor litiuiitcauoos unless made by Drafts or PostOUiue Money Orders.

EtlTerpooI OfHce.The olHce of the Chrootoi.e in Liverpool Is at No. 5 Brown's Bnlld-

ioirs, where subscriptions and adyortUement^ will be taken at theregular rates, aud uinKle copios of the paper supplied at Is. eaoli.

A neat Hie cover is furalshoil at 50 cents: postage on the same Is 18cents. Volumes bound for subxGribera at SI 00.WILLIAM B. DANA. I WILLIAM B. OANA & 00., FnbUshsra,

S 79 ft 81 William Streat, NEW YORK.Post Office Box 938.

40HK O. FLOYD.

TIIS FINANCIAL SITUATION.Ever since the new year began, and especially since the

early part of February, the volame of mercantile transac

tions has been on the increase. The heavy snows and

subsequently the destructive floods in the "West, coupled

with the abiding distrust felt as to Congressional action

on revenue and currency questions, have to an extent sup-

pressed the developing tendency ; but the vast crops of

last year only just now proving their extent, are finally,

in spite of adverse influences, making their value

felt by forcing activity in mercantile circles every-

where. Wheat, corn, cotton and provisions are being

hurried to market—most of them as never before

60 late in the season—while money and goods in

increasing amounts are moving from the East to meet the

want they make. As a natural consequence. Wall street

has become steadier in tone and valiAs less easily infla-

enced by every passing rumor.

The public seems to have settled down to the conviction

that whatever Congress does or fails to do, will be of less

harm to business interests than its continuance in session.

There is scarcely a hope now of its doing anything wisely

during the few hours left it. If it passes a revenue bill at

all, the sections which apply to internal taxes will take oSabout 42 millions of Government income, but whether the

tariff provisions will lessen or increase the customs is a

matter of great uncertainty. That relief is seriously

needed, is shown with even more emphasis than hereto-

fore, through the Government figures of receipts for the

month of February, which have been kindly furnished us.

The statement for the month and for the eight months

to March 1st is as follows.

Wthmart. 8 Mot. Sntfn tottk JTar. 1.

Beceittt from—18IS3. 1888. 1883. ises.

CustomsInternal revenue

$t7,lM,«89,4e7.SM

5,684.910

«i9,4ge,ss3

8,08S,SW8,806,008

tl47.700.S18

96,371,870

«6,048,4S

$145,477J86«e,i»L88eSSMf,IM

t32,S47,00a $30,«ee,886 ISTO.ISO.OIO t264.94a.S13

Here we have an actual increase in the total revenue

for February of about 1^ millions, notwithstanding during

the same time customs fell off 2^ millions. With the

adjournment of Congress the receipts from internal taxes

are likely to continue to show some expansion, while prob-

ably customs duties too will soon improve again, and if

no bill is passed and none of those taxes are repealed, the

reader can easily imagine how bond calls will progress

next year, and what influence that is likely to have in

forcing a contraction of bank currency. Even now, with

the large appropriations of a year ago, debt reduction is

making very rapid progress. The past month, with pen-

sion disbursements alone reaching nearly 1 million dollars,

the debt of all kinds, less cash in the Treasury, has been

reduced $7,630,678, and since the first of July (eight

mouths) the actual decrease in interest bearing debt has

been ,$108,014,650, and the decrease less cash in the

Treasury, $102,638,346. That the reader may see the

changes which have been made during those months and

which are now making and the bonds left for call before

the 3s are reached, we have prepared the following state-

ment of the interest-bearing debt on the first of last July

and the first of each of the last two months.

Fumini IVM o/ tU VtMta, Stala.

Three per oeot bondsSizes, extended at 3HriT«8, extended at 3MFour and a-half per oent bonds.

Four per cent bondsNary pension fund (3s) ....,

Total

J'ulv 1,1883.

*68,907,160

401.003,900

360,000,000

788,349360

14.000,000

tl,463316,400

Ttb 1,1883.

t891 .444.360

81.338,790

980,000,000

739,8S«.960

14.000,000

tl,37e,18O,06O

Jtarclt 1, 1883

ta97.i9e,aoo

64.339,850

960,000,000

739,367,300

14.000,000

tL35«,80^790

But it is useless to speculate on the results of a policy

which, at the moment of writing, is in doubt, but which

must become fixed by the action or non-action of Congress

almost as soon as, and in many cases before, th s rM:hes

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232 THE CHRONICLE. Vol. XXXVI.

the reader's eye. The Btatements we have given above,

however, will indicate what the country must expect or

what it has escaped, according as the event may be when

Congress adjourns.

In the meantime, it is gratifying to know that there are

great recuperative forces at work, the outcome of

the abundant production of last year, which,

if followed with plenty the present summer,

even the worst our legislators may do, can only

partially suppress. The latest evidence of this is seen in

Ihe decided movement in foreign exchange this week, for

instead of the dull and featureless market which has so

long prevailed, activity and lower rates have ruled. It is

reported that the comparatively firm tone which char-

acterized the market during February was largely due to

the fact that shippers of cotton to a considerable extent held

their bills off the market, being unwilling to sell at the

current rates. The weakness last week served to alarm

the holders of these cotton drafts, and early this week

they threw them upon the market in such volume as for

the moment to demoralize it, and these bills were sold at

a large reduction from previous rates. Then came a

pressure of bankers' bills, drawn against outgoing secu-

rities, and of commercial drafts which,had been bought

on speculation and had become equivalent to sight.

Finally, the reduction of the Bank of England rate of

discount to 3 per cent, caused a further decline in short

sterling, and on Thursday morning the indications

pointed to still weaker exchange.

But in the afternoon of the latter day there was a

steadier tone, and on Friday a little more firmness early

in the day, as was natural after so sharp a fall; but later

the market became weaker again. Of course, the decline

revives the discussion with regard to the probability of

gold imports. That event depends mainly upon our

money market and the free shipment of our productions,

and yet it may be wholly controlled by the movement

of securities. Now this movement is in our favor;

but the London stock market has followed ours so

closely that a further rise here may very likely tempt

sales for European account, and such sales might be in

sufficient amount to absorb all produce bills offering, es-

pecially if the supply of wheat for shipment is restricted

by speculation. With the Bank of England rate at 3 per

cent and gold bullion at its present price, exchange should

sell—to cover all charges for insurance, commissions, &c.

at about 4 80^ for long and 4 82^ for short to make gold

imports profitable. Some bankers, however, do not in-

sure their gold, and pay no commissions for purchases on

the other side ; consequently they can make the transac-

tion, even if exchange is a little less favorable. These

statements suggest that there must be a further consider-

able drop in the rates before gold can be imported at a

profit. Nevertheless, with the tone of the market heavy,

and with indications of a further decline, gold might be

ordered out from London on speaulation even before the

rates had touched the point given above.

Although, as stated, there has been a better feeling in the

stock market this week, in sympathy with the improvingcommercial outlook, but little change for the better has

taken place in values. Still, some events affecting special

propel ties have transpired which were favorable. The deci-

sion of Judge Ingraham in the Western Union suit was so

interpreted, for although he holds that the issue of

new stock was unauthorized, he indicated that

the only remedy now, was against the directors

who consented to it, and that the stock could not befollowed. The final discharge of the Reading receivers

was also a favorable event, as it caused an advance in that

property, and the other coal shares sympathized with it.

This resumption of operations by the Reading road is a

well-earned triumph for Mr. Gowen, especially as the

property takes its place to-day among solvent corporations

with net income increased since 1880 from 5^ to '7|

millions, and with better prospects for new business than

it ever before enjoyed. Its relations to and now con-

nections with Mr. Vanderbilt's system of roads, so soon to

be available, and a possible connection in the future

with Jersey Central, open for this old corporation a wide

field.

The Pennsylvania statement of earnings for January has

also, been issued this week, and was well received. The

report shows very large gains over 1882 on the lines east of

Pittsburg and Erie, exhibiting an increase of no less than

$556,036 in gross and of $396,792 in net, while last year

the loss in net was only $132,595, and gross earnings actu-

ally recorded a gain. We annex a comparison of January

gross earnings, operating expenses and net earnings back

to 1879 of the lines east of Pittsburg and Erie.

January. 1879. 1 1880. 1831. 1882. 1883.

Gross earnings

peratlng eipenaes*2,513,«4 »3,083,55l

1,523,89311,717,258

13,189,215

1.082,354

3,37.1,321

2,299,055

t3.829,357

2,458.899

Net earnings »1,0I0„531 $1,366,208 tl,206,86lltl,074,2l!6 »1,471,05S

Both gross and net earnings, it will thus be seen, are

larger, than ever before. It is interesting to observe, how-

ever, that though gross earnings have increased since 1879

almost $1,400,000, net earnings have increased but little

more than $450,000, showing how much heavier expenses

are now than then. The figures west of Pittsburg and

Erie are not furnished in the same form, but we are simply

told what excess or deficiency there is after providing for

all expenses and fixed charges (including interest and

rentals). For January, 1883, this item is reported as a

surplus of $174,981, or $132,233 more than in January,

1882. Looking back, we find that in both 1880 and 1881

the surplus was over $300,000, so that the Western lines do

not make as favorable an exhibit as the Eastern. Not

having the details, we can not tell whether the

decrease is due to a diminution of gross earnings, an

increase of expenses, or higher interest charges, but it is

probable that there was more or less loss from each of

these causes.

Still another satisfactory event was Governor Cleve-

land's veto of the Elevated Railroad Five Cent Fare bill.

As we have often said, this measure was wholly uncalled

for, either by the people who use the roads or the circum-

stances which are connected with their operation. All

who cannot afford to pay ten cents can ride at five now;

and those whose habits and income permit them to take a

later train, by giving the higher rate help to sustain the

five cent hours and increase the facilities the public enjoy.

Until it is proved beyond all doubt that the roads can be

kept up to their present state of efiiciency on a five cent

fare, the first step towards establishing the wisdom of this

proposed law has not been taken by those clamoring for such

a reduction. The only argument in its favor we ever heard,

was that the roads are blamable for their stock-watering

operations, and to distress them now serves them right.

This would perhaps be good reasoning, if in harming

them we did not harm the public more.

The course of speculation in the stock maiket has not

been influenced materially by the rates for money, for

although the money market has been active this week it

has been less so than was expected considering the low

reserves of the banks. Dealers in commercial paper

report an abundant supply of notes, but comparatively little

inquiry for paper from the banks, which would indicate

that the loanable funds of those institutions are now fully

Page 9: March 3, 1883, Vol. 36, No. 923 - St. Louis Fed · 0jllinttt: xmm hunt'smerchants'magazine, ftffiprbsbntinotheindustrialandcommercialinterestsoptheunitedstates vol.36. newyork,march

MAncii 8, 18t8.1 THE CHRONICLR 233

omployod. There appears to have been a steady demand

for money from the interior this week. The inquiry from

Chicago is mainly for gold coin, which cannot bo obtained

from the Sub-Treasury in^ that city for tho reason that

there is only a small supply there. Tho gold certificates

in use at tho Western banks are mostly redeemable at the

office in this city, an>l soiuo of those institutions have been

obliged to send them hither to procure gold to supply the

demands of banks in the interior. As food staples

and hogs are now moving to the distributing

centres in liberal proportions, and as cash is

required for that purpose, it is probable that

for the remainder of March at least tho West will call

for unusually large suras from this centre. There is also

a good demand from Canada, where money is ruling at

from 6 to 8 per cent, and this has compelled the tempo-

rary withdrawal of Canadian funds. So also the require-

ments for customs payments have baen heavy, and in this

way tho Treasury is taking money from the bank?, while

they have been liberally parting with funds to the inte-

rior. On Thursday the payment of $2,812,500 in-

terest on the 4^s commenced, but this sum will be

widely scattered, and only a small portion of it goes into

our banks. The indications therefore point to active

:uoney in the near future, and as bond redemptions are at

the moment insignificant, and cannot be large even if the

payment of outstanding calls is anticipited, there appears

to be very little prospect of relief except, indeed, from

gold imports. These will of course be stimulated by high

rates for money at this centre. The Treasury operations

for the week appear to have resulted in a gain, which is a

loss to the banks, of $1,472,525. The interior movement

was as follows.

Jieeeipls at and Shipwenls/rom JV. T. Keeeived. Shipped.

$1,036,000101,000

$1,780,000

Gold 1,902,000

Total $1,137,000 $3,062,000

The Bank of America paid out $525,000 gold during

the past week on av:count of the associated banks.

Last week's bank statement was doubtless made up on

declining averages for specie. Considering this fact, the

following will indicate the character of this week's return.

8ul>-Trea«ary operations, net.

.

Interior movement

Total.

Inio Banks.

1,137.000

«1.137,000

Ou'.o/Banlct

*1,472,525

3,662,000

$5,131,.523

Net Lost.

$1,472,523

2,525,000

$3,997,525

There has been quite a trade in securities for Euro

pean account during the week, and the following will

show the probable profit in these transactions, the table indi

eating relative prices in London and New York at the

opening each day. ;.).)?> --.f'-: f^-,. ^t

Ttb. 28. Tth.in. rd>.28. Mar. 1. Mar. a.

Cond'n H.T. Land'n y.r. Lond'n N.T. Lond'n if.r. Lond'n ir.T.

prtCM.- prices. priet*.' prices. vrica.' prices. prices.' prices. prices.' prices

C.B.««.c. 110-31 ll«?lS IH*-31 n»H 119-31 um 119-06 119M 119-06 ll'*i

0.8.«*i '.OS 39 lOSJi 103-39 ie3« 103 80 103« U3-13 103X lOS'SO IU8KBrie 3047 35J4 36-03 3G 3717 37X 87-34 37K 87-16 86HSdcon. BOM WW 8622 VtH 96-71 mi 06-63 06H 97-12 s>m

ni.CeDt. 142-88 142)4 142-88 i*m 143 H5 144M 144-65 U4J< 144-77 144«

M. r. c. 123-50 125M 12611 12S« 156-80 laaw 126-83 i^eyi 127-07 mnBwuHnu 88 0Ot il« 28-lH OSJi -28-78 • B2J4 26-671 S3 27 28t 64HOnt.W'n 20-63 20X 28 27 23 2i-83 25K 25 94 25« 25-70 25M8t. Paul 99-38 ag 9»-67 100 301-81 ma 101-60 101« 102-00 lOlH

Bxoh-g*.CKblea 4-8« 4-86 4-86 4-M 4-S>

•Expressed in their New York equivalent.t ItoadluK uu baaU of $50, par value.

The Bank of England return for the week shows an

increase of £167,000 bullion and a decrease of 15-16 in

the proportion of reserve to liabilities. The Bank of

France reports a gain of 1,800,000 francs gold and a

loss of 1,050,000 francs silver, and the Bank of Germany,

iDco the last return, ahows an increase of 6,320,000

marks. The following indicates tho amount of ballion

in the principal European banks this week and at the

corresponding date in 1882.

Uarch 1. 1888. Uareh 3, 1883.

OoUt. tUtm: OoM. auvtr.

Bank of. EnglnodM

23.142.03230,601.362

7,784,00043.300.21723.262 000

M21,780.98933,20 1.62.1

6.035.500

62,011.114ei,150,210

*

Bank of FrancoBank of Qermany

15,330.220

2O.80fl,500

TotalthlB weekTotal previous week

70,588,28170.302.005

«6,622,21760.521,482

66,130,71066,037,877

The Assay Office paid $332,69-t through the Sub-Treaanry

for domestic bullion during the week, and tho Aseictant

Treasurer received the following from the Custom House.

Zhitia.

Oorulating or—Dot*.

Sold.U. S. Oold Silver Otr-

NoUt. Cerlif. tifleala.

Feb. 23... tG90.723 54 $38,000 $30,000 *478.000 $150,000" 24... 874,511 00 55,000 43,000 629,000 148,000•' 26 .. 687,710 69 26,000 28.000 464,000 108,000" 27... 902,994 45 33,000 49,000 740,000 136,000" 28... 891.675 37 20.000 27.000 284.000 63,000

Moh. 1... 287,767 19 8,000 13,000 236,000 30,000

IV>tal. $3,901,396 24 $130,000 $190,000 2,836,000 «6»S,000

THE CENTRAL PACIFIC'S INCOME IN 1882.

A statement has this week appeared in the Boston

papers, purporting to give the receipts and disbursements

of the Central Pacific for the late calendar year. As the

company does not issue its pamphlet report until about

August or September, and as there is at the moment morethan tho ordinary call for information about the com-

pany's affairs, this statement is deserving of notice,

especially as it bears evidences of having been prepared

by some one having access to the official statistics, though

without doubt it contains errors, typographical and other-

wise. The exhibit, just as published, but arranged in

tabular form, is as follows.

Receipts.Gross eamiuKs $25,662,737 12Eani'gs of steamerdivision 2,185,29100

Interest on sinkingfunds 281,260 00

Total receipts. ... $25,984 ,S02 41

Di-^humtmrnts.Oporat'g expenses. $16,067,133 67General expenses.

.

330,6 46 72

Duburtementt.LcKsl expenses $216,75141ClvU engineering.. 15,479 65Taxea 448,005 69Laud departmentexpenses 23,700 78

Interest 3,443,413 32Co.'s sink, fund andInterest paid U.8. 1 , 1 00.000 00

Total $22,679,940 24Surplus 3,284,562 17

On application at the company's office iu this city to

have these figures corrected, we found that the company

could not furnish us a complete exhibit of all the particu-

lars at present, and therefore that they were unwilling to

indicate how far the above was right. That there are

errors in the figures is seen at a glance. For instance,

the receipts foot up about 28^ millions, instead of about

26 millions as given. Taking the items separately, how-

ever, we find the first one, which covers gross earnings,

to be correct, as it agrees with our own totals made

up from the company's monthly reports ; so also in all

probability is the item of interest on sinking funds,

for it tallies pretty well with the amount derived from

this source in previous years. The second item, on the

other hand,—earnings of steamer division—is evidently

anything but correct, and consequently readily accounts

for the difference in the total. It is simply impossible

that the company should have realized pretty nearly 2^

millions net on its steamer and barge transportation lines.

In 1881 these entailed a small loss ($1,702 63) and in

1880 a small profit ($3,527 52), and tho surplus or defi-

ciency on their operation is never great. We notice that

if from $2,485,291 we drop the last figure and put a

cipher after the two in thousands, we get $20,485 29,

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234 THE CHRONICLE. [Vol. XXXVI.

which when inserted in the table makes the total as above

given correct ; and that sum as the result of the steamer

account for the year, is reasonable and without much

doubt the exact figure.

The discrepancy in the expenses is not so easily explained.

The aggregate of the itemsgiven is only $21,645,181, while

the total states it at $22,679,940 24. We incline to the opin-

ion that either some item has been omitted, or else the error

is in the amount under the head of " company's sinking

fund and interest paid U. S.," which looks rather small.

In 1881 the company paid $948,845 on account of its

own sinking funds, and $1,038,935 24 to the United

States Government ($960,162 84 of the latter being paid

by transportation), or together $1,987,780—being pretty

nearly $900,000 more than the $1,100,000 in the table

above. The accuracy of no other item, we think, jvill be

called in question (since all agree so well with last year's

figures), except possibly the first—operating expenses

and that appears right, as it agrees with the total of the

monthly figures received at the New York oEBce.

With, then, these revisions, and leaving out the item of

amount paid for sinking funds, we fi nd the results of the

year's operations in 1882, compared with 1881, to be as

follows.

Gross earningsOperatiug expenses .

Not earningsInterest on sinking funds.

.

Steamer division

Total revenaeLess—

General expensesLegal expensesCivil engineeringTaxesLand department expenses.Interest

Total...Balance.

1882.

$25,662,75716,067,184

$9,595,573281,26020,485

$10,234,794262,500

Loss 1,703

$9,897,318

$330,647216,73115,180

448,00623,701

3,443,413

$10,495,591

$239,607167,89516,008

264,03330,826

3,-508,292

$4,477,9985,419,320

1881.

$24,094,10113,859,307

.$4,226,7116,268,380

The first three items in the above, which are known to

be correct, show the course of the company's business

Airing the year, and tell us that though gross earnings of

road increased a million and a half, expenses increased over

2 1-5 millions, leaving net earnings $600,000 below those

of 1881, on mileage say about 400 miles greater than in

that year. The increase in expenses is ascribed to lower

rates on traffic and to the larger amount required for

rentals of leased roads, which rentals are included in

expenses. The other items of disbursements, if reliable,

give an increase of $250,000, so that the balance remain-

ing, after all the payments mentioned, would be $5,419,-

320, as against $6,268,880, a diminution of $850,000.

The amount required for the six per cent dividends upon

the stock is $3,556,530; the balance, then, would bo amply

sufficient for that purpose, and leave besides a large surplus.

But in that of course we do not allow for any deductions

on account of sinking funds and the debt due the United

States, which two items, as stated above, aggregated in

1881 $1,987,780. Should tuese bejthe same in 1882 as in

1881, the balance would fall about $125,000 short of the

sum necessary for dividends.

Such shortage, however, would probably be moreapparent than real, for the revenue in the table above doesnot, as the company's ofQcials say, include anything onaccount of receipts from miscellaneous sources, whichwere in 1881 $612,656—$20,000 for " dividends Wells,

Fargo & Co.," and $592,656 "contract with Wells, Fargo& Co., stock sold." It is possible, too, that somethingmight be realized from the Land Department, over andbeyond the amount used in bond redemptions.

Further, it is not certain that the total to bepaid for sinking funds and to United States, will be

as large for 1882 as for 1881. The sum due the Govern-ment may not be materially changed, but the amountpaid for company's sinking funds in 1881 ($948,845) is

unusually large, and may have embraced something onthat account for previous years; wa do not, of course,

know that it did, but merely throw out the suggestion for

what it may be worth.

Finally, it is not by any means an established customwith railroads to use net earnings in payment of fundeddebt; moreover, the policy is open to the objection that pres-

ent stockholders lose by the operation, while future holders

must gain by it, which is, of course, scarcely fair to the

former. There are some roads that adhere to the practice

of providing for sinking funds in this way, but one or twoof the larger companies have recently abandoned it. la"

the case of the Central Pacific, the debt due to the Government may perhaps be placed in a somewhat different cate

gory, but as regards the sinking funds for its own debt the

company occupies precisely the same position that every

other railroad does.

COTTON CONSUMPTION AND OVERLANDMOVEMENT TO MARCH 1.

By means of the telegraph we are enabled to-day to bring

down our overland movement to March 1. The figures,

covering as they do the first six months of the season,

present a pretty safe basis upon which, within certain

limits, to estimate the year's yield.

OVERLAND MOVKMENT TO MARCH 1, 1883.

Compared with the two preceding years there has been

a still further increase during February in the marketing

of cotton by rail, notwithstanding the interruption the

flood caused during a portion of the time. The ^ro5* move-

ment for the month was 113,155 bales, against 56,147

bales last season and 92,301 bales in 1881; for the six

months the difference in favor of 1882-83, as compared

with 1881-82, is 61,125 bales, and with the preceding

season 142,866 bales. The figures of ncta\so show a decided

excess, the increase for the six months over the corres-

ponding period of last season being 173,201 bales, and

over 18S0-S1 being 111,509 bales. The details for the

first six months of the season this year, and the two pre-

vious years, are as follows.

OVEKI.ASD FROM SKPTEMBEIt 1 TO MARCH I.

Since September 1, shipjKd—From St. Louis

Over niiuois Central

Over Cairo & VinccuuesOver the Mississippi Eivor.abovo St.L

Over EvansviUo & Terrc HauteOver Joffersonville Mad. & Indianapolis

Over Oliio & Slississippi BranchOver Louisville Cincinnati & Lexington

Eeceipte at Cincinnati l)y Oliio liivor. .

.

Eeceipts at Cincinnati by Cin. Soutli'rn

Over other routes

Shipped to mills, not included above. ..

Total gross overland

.

Deduct—Eeceipts overland at N.Y.,Boston,&o,

Shipments between (or South from)

Western iuteiicr towns

1882-83. 1881-82. 1880-81

307.917*15,100

164.014•97,100

13,7(;6

40,627

50,77741,619

23,281

59,156

66,0004,837

883,494

Bhipmenis inland (not olhericise daluel

ed)from—Galveston

New Orleans

MobileSavannahCharleston

North Carolina ports

Virginia ports

Total to be deducted

lieaving total net overl.and t.

3:8,077

5037

18,143

7352,335

356,936

526,551)

256,136

4,549

121,331

89,036

14,176

68,08J

13,915

81,099

43,066105,681

11,710

10,938

822,369

337,634

5,013

10,924

14,445

70,200

3,403

7,393

469,014

353.355

237,978

35,25664,773

124,088

17,108

59,70929,2303J,659

27,04362,975

20,0729,731

740,628

260,116

10,282

790524

42,081

0,892

7,896

325,581

413,017

•This month's movement estimated.t This total iueluilcs shipnieuta to Canada by rail, which since Sept. 1,

1882, amount to 2'd,i:3i bales. jiSaiSilSSB

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Mai oh 8. )8tS.J THE CHRONICLE. 235

RECEirTS, BXI'OIITS AND SPINNERS' TAKINQS.

As fully shown in our weekly statements, there has

been a further increase in tlio port receipts during the

month. The total for the six months is now 829,357

bales in excess of the corresponding period of last suason,

and 264,370 bales greater than in 1880-81, the month's

receipts being 595,598 bales, against 291,992 balesin 1882

and 572,728 bales in the preceding year. The excess in

foreign exports now reaches 930,693 bales, and port

slocks are 105,110 bales less than last season. Our usual

table of receipts, exports, &c., is given below.

Uovemenl fromStpt. 1, 1888 to

ATarch 1, 18(13.

OBlvestonIndlanola, Ac.

Now Orleans

MoblloFlorida

SavannuhBrunawlck, &c

CharlestuQ.

Port Royal, AcWllmlnKtonUoroh'd C. &c.

Norfolk

WeatPolnt,4c.Hew YorkBostonBaltimorePhlladclpbla,&c.

Total..

T«tal 1881-88...

Total 1880-81...

Reetipta

*inuSept.l,

806.466

in.,147

,.«r7,061

285,737

14,l(ie

708.965

5,508

502,546

18,800

116,051

17,017

686,607

188,958

109.430

125,790

36,857

5»,200

4,8fi!S,898

tfncs

Stpt.i.

1881.

870,943

13,011

1,000,227

830.143

86,418

667,008

6,964

4464188

81,641

185,618

86,064

616,774

170,013

132,:70

159,02

18,000

51,281

4,033,511

4,698,688

RXPORTS StKCE SEPT. 1, 1882, TO-

Ortttt

Brttiin'

849,283

6»t.603

81,44«

109,567

4B,7?8

284,689

89,184

823,642

103,51

111,966

50,195

807,490

6,183

85,658

24,775

l,88.-<,«85

22,102

3,419

8^0,753

246,205

377,909

OonM-nmt.

111,173

866,701

800,463

144,533

1,500

19,289

110,788

343

34,307

1,688

881,715

392,333

1,068,798

28,0(15

315,050

878,805

47,878

294,858

20,181

458,432

103,800

149,692

51,883

3,214.893

8,884,197

2,935,779

StoduM,ir. 1.

81,857

314,138

40,111

85,854

74,480

3,906

14,230

79,190

183,433

4,650

38,447

16,223

»i59,508

1,004,618

860,122

' Great Britain exports Include to the Channel.

Using the facts disclosed by the foregoing statements,

we shall find that the portion of the crop which has reached

a market through the outports and overland, and the

Southern consumption since September 1 this year and the

two previous years, is as follows.

Kecelpta at the porta to Marcli 1— bales.

Net sliipmente overland dunnj? same time

Total receipts bales.

Boatliern cousumptioii since Septembei' 1.

Total to Marcli 1 bales.

18S2-33.! 1881-82. 1880-81.

4,862,8984,033,541526,3561 353,J55

5,38S,454 4,886,891)200,000 155,000

3.5S9,454l4,541,89f

4,598,528415,047

5,013,575135,000

.5,148,575

The increase in the amount of cotton marketed during the

first six crop months of 1882-83 is thus seen to be 1,047,558

bales over 1881-82 and 440,879 bales over 1880-81.

To determine the portion which has gone into the hands

of Northern spinners during the same period, we have

prepared the following.

Total receipts to March 1, 1883, as above bales. 5,599,454

Stook on hand commencement of year (Sept. 1, 1883)—AtNorthern ports 98,392

At Southern porta 21,330-120,722

At Providence, Ac, Northern interior markets .. 3,510— 124,232

Total supply to March 1, 1883 5,713,686

Of tills supply there liaa been exported

to foreign ports since Sept. 1, 1882.. 3,214,893

Lessforcign cotton Included 2,316—3,212,377

Bent to Canada direct from West 29,438

Burnt North and South 1,309

Stock on hand end of month (March 1, 18831—AtNorthern ports bales .;36,753

At Southern ports 722,755—959,508At Providence, Ac, Northern interior markets.. 17,853—4,220,485

Total takings by spinners since September 1, 1882 1,493,201

Taken by Southern spinners 200,000

Taken by Northern spinners since September 1, 1882 1,293,201

Takenby Northern spinners same time In 1881-82 1,212,515

Increase in takings by Northern spinners this year, .bales. 80,686

The above indicates that Northern spinners had up to

March 1 taken 1,293,201 bales, an increase over the corres-

ponding period of 1881-82 of 80,686 bales, and a decrease

from the same months of 1880-81 of 32,770 bales.

AMOUNT OP CHOP NOW IN SIGHT.

In the foregoing we have the number of bales which

have already been marketed this year and the two previous

seasons. An additional fact of interest is the total of the

crop which was in sight on March 1, compared with a

year ago. We reach that point by adding to th« above th«stock remaining at that <lato at the interior towns, leMstock hold by them at the beginning t»f the season. Inthis manner we find the result for the three years onMarch 1 to be as follows.

Tntttl marketed, as above.. ..bales.Interior stocks la exoeM of Sept. 1

Total In sight bales.

1882-fl3.

8,580,4,11300,000

R,SH»,4.-,4

1881-82.

4,54l.«>06313,000

4,884.890

18SO-8I.

8,148,875284,000

8,432,875

This indicates that the increased movement up to thisdate of the present year is 1,034,558 bales as compared with1881-82, and 456,879 bales as compared with 1880-81.The marketing, however, during the latter year has hith-erto most closely compared with the present season.Hence it may be of interest to add the increase alreadyindicated to the actual crop of that year. By doing so it

appears that the total production this season would be7,046,000 bales;—that is to say, the yield would reachthat figure if there is no fuither increase or decreasein the movement for the remaining months of this seasoncompared with the same months of 1880-81.

WEIGHT OF BALES.

To furnish a more exact measure of the .receipts up toMarch 1, we give below our usual table of the weightof bales. We give for comparison the figures for thesame time in the two previous seasons.

TexasLouisiana

AlabamaGeorgia*

South Cai-olina.

Virginia

North Carolina.

Tennessee, &c..

Total 5,589,454

Six Uonlhi ending March 1, 1883.

Sameperi'd in

1881-82.

Number ofBales.

681,7621,337,651

285,737

728,582521,136816,565

133,0681,054,633

Weight In

Pminils.

354,053,911

650,125,139141,0n,44S352,087,252246,493,226402,821,02162,675,028

532,,539,665

2,745.356,693

AverageWeight.

5200448602501-00483-25472-72

475-83471-00

505-00

19117

Sameperi'd in

1880-81,

AverageWeight.

506 20165-3049.3-00

47163462-42

470-89465-90476-00

473-83

AverageWeight.

814-31

480-00512-00482-75479-00

4769547800500-OO

488-62" Including Florida.

It will be noticed that the movement up to March 1

shows an increase in the average weight as compared with

the same periods of the last two years, the average this

year being 491-17 lbs. per bale, against 473-83 lbs. per

bale for the same time in 1881-82, and 488-62 in 1880-81.

THE COTTON GOODS TRADE IN FEBRUARY.

was of very fair proportions, though the demand wasinterrupted at times by the diflBculties attendant upontransportation. Plain cottons were relatively more active

than colored fabrics, and the best qualities were merefreely distributed than the lower grades. Stocks con-

tinue in good shape, and prices are firm on all such goodsas govern the market.

febsuabt.

1.2.3.4.5.6.7.8.9.,

10.11..12..13..14..15..16..17..18.19..20..21..22..23.24.25.,2,6.

27.

1883.

Oolt'nlowmid-dling.

911 169"l69'll,;

9iiie91 hegill9%9%9%

9%9%91I16

9%9^9%

9lli«9Ui.91I16

91I16

9Hie

91I189111891>16

Print-

clot,

64x04

Sheet-ings,stand-ard.

3-693-733-75

3-753-T53-793-813-Hl3-81. S...3-813-813-813-813-813-81. 8...3-7.'.

3-753-75.Holl3-753-75.8...3753-753-75

OotVnlowmid-dling.

88S

day.88

1882.

11»16ll»16ll»ie11»16

11»1»lllfl

11»1«ll^lellhs

iv»i;im1118113,8113le11»18

ll'isU3i8

US18US18imiii*'

Print-ing

cloths,

64x64

Sheet-ings,

stand-ard.

313i631»18

3>3i«31 '18S.

UiSia

.>i»ie

3i3ie3^83%. 8...

3%A\3%3%3%3%8,

CotVntowmid-dling.

8%8%8%8^

8%8%8%8%

'i\8»48%8\8^1

3!(4 8%3^ 8%.H»U day

.

3%3%.8...3%3^k

8\8%8%8%'8%

1881.

Print-ing

cloths,

64x64

lUis11»1«llifl

ii^e11

ii"'

u11111111

i'l"

"

1111111111

ii""

Sheet-ings,statM-ard.

4^44>4

J3'*

.. 8...

4>84%4>e

4>e43is.8...4I44144>44144'4

4'i«. 8...

43l8.HoU41s4>e4>84>«. 8..4I8

8>«8>a8>s8>s8>a

8>i"8>a

8>98I9

8>s

8>a8>98>a8>a8>g

8>i"day..8>a8>aSH8>a

8^"'

The above prices are-For cotton, low mlddUng upland »»Jl«!r,X?!*for printing clotfas, nawiufHotnrers' prices; for sheeaocs, agtata pnoea

whloh are subjast to au average discount of 5 per oeut _^

Page 12: March 3, 1883, Vol. 36, No. 923 - St. Louis Fed · 0jllinttt: xmm hunt'smerchants'magazine, ftffiprbsbntinotheindustrialandcommercialinterestsoptheunitedstates vol.36. newyork,march

236 THE CHROP^ICLR I Vol, xxxyi.

FINANCIAL REVIEW OF FEBRUARY, 1883.

The month of February was one of comparative de-

pression and sluggishness in commercial and financial

afiairs. One of the main causes for this was found in the

great cloud of uncertainty thrown over affairs by the

pendency in Congress of the bill for altering the tariff and

internal revenue laws, and as many branches of mercan-

tile business would be greatly affected by changes in

these laws, the uncertainty operated as an unavoidable

damper on trade.

The money market worked very easily in February, and

rates on call ranged at 4@6 per cent to borrowers on

stock collaterals and 2@3 per cent to the large dealers in

government bonds. But the city bank reserves were de.

dining under the demand for money from the country,

and the surplus reserve on February 24 was down to

$1,209,000. Therefore in the last days of the month rates

for money advanced and closed at 5@Cper cent on stocks.

At the Stock Exchange there was a lack of animation

and generally depression. The blockades of snow in the

Northwest had a bad effect on the earnings of railroads

in that section, and although in other quarters the rail"

road prospects were good, prices of stocks did not re-

spond, and the prevailing atmosphere at the Board was

one of cloudiness and dissatisfaction by those who were

carrying stocks. There was an active effort made by the

bears to depress stocks, and this was more or less success,

ful, as there was no such hearty support given by the

prominent operators as would support prices under the

attack of the bears. The uncertainty of commercial

affairs caused by the discussions in Congress, as noted

above, also had much effect in preventing any active

movement in stocks, and there was a general looking for-

ward to the spring months for a better movement in the

market. In the last few days of February prices becamefirmer, and the month closed with a better outlook.

Foreign exchange ruled firm in the first part of Feb-

ruary, although the exports of produce increased in

volume, and the tendency was also towards a reduction ofimports. It appeared as if the outward movement of stocksand bonds was smaller than usual, and there were someconsiderable amounts which came home from foreio-n mar-kets. Towards the close of the month rates became easier.The following summary shows the condition of the Mew

York City Clearing-House banks, rate of foreign, exchange,and prices of leading securities and articles of merchan-dise, on or about the 1st of March, 1881, 1882 and 1883.STATISTICAL SHMMABT ON OU ABOUT MARCH 1, 1881, 1882 AND 1883,

1881.

Aew york City Banks—IioaBB and (UBCuuiitsBpeoieCirculationNet dex)08it8Legal tenders

Legal reserveKeserve held

Burplus rererveMoney, Kxcliange, Silver—Call loans.Pi-une paper, slxly daysSilver in London, per oz... .

Piltae .sterling bills, 60 days..Vniled Slates Bonds-Si, legiBtereil, oiition U. 8 .

68, conency, 18986s, 1881, (conttnued at 3>s)..A^ss, 1891, coupon4» of 1907, coupon

Railroad Slocks—Mew York Central & Hud. Elv.Erie {N. Y, L. E. & W.) . .

.

Lake Sliore & Mich. Soutliem.Michigan CentralChicago Rock Island & PacificDUnois CentralChicago & NorthTvestcm, com.Chicago Milw. <fe St. Paul, com.Delaware Lack. & Weetoiu . .

.

Central of New JerseyKerehandise—Cotton, Middl'g Uplands.* lbWool, Aniericau XX f tti

Iron, Amcr. pig. No. 1 ..^ tonWheat. No. 2 red win.|) bnshCom, Western mixed. .|j bushPork, moss s? I>1,1

316,584,400.58,074,20010,181,600

296.5-17,30015,018.000

74,136,82.573.122,200

1882.

def1,014.625

4®6+i8P.dNominal.52V1.1801a

128100%111=8112'8

1441346^81241121331(1

129»s121121061a119!ll103

ll«inrl8®45

24 50®2:'> EO1 lS)ia-l 2055ia«i57'alH0i>*in25;

32,5.034,90055,753,80020,066,700

297,790,30017,260,700

74,447,57573,014,500

1883.

1,433,07;

3®6+li«p.d.5ia®652d.4MG

12S102113%118

ISO'sS7&d

11418811*

1311aI3314131JO8I4I2414911a

11U,837®45

26 0()ai27 001 3212-1 33i«05i3®69%1775fl»

325.391,00058,504,30016,498,700

309,275,20020.023,500

77.313,80078,527,800

1,209,000

3»8

51d.4 621a

104130103%1121aII9I8

1261a3718

10993=8

I22141141a132141013al'223a71%

10?!,37*47

24 .50'a25 501 23I4-I 24%

6137119 5(1® 19 75

The Statements of the New York City Clearing Housebanks in each week of February were as follows:

NEW YORK CITY BANK MOVEMENTS IN FEBRUARY.

N. T. Otty Bank StaUmcntt. Feb. 3, Fei. 10. Feb. 17. Feb.U.

»S10,460.80061,605,2001B,(M5,200

307,182,20023.030,400

$76,795,55084,633.600

17,840.050

2 ®65 @S<A

$321,491,20062.402.50016,46:^,700

311,110,40021,794,800

$77,777,80084,197.300

1323.352.10059.999.30016.543,000

310.712.70021,35 !,700

$77,^78,17581,363.000

$323,391,00058 ,504 300SpecieIH.498.700

LeKiil tendera 20 02;i 5i)0

Legal reserveReserveheld

$77,318,80078.62;.800

$6,419,700

2 @55 mVi

$3,674,826

2355®5>i

$1,209,000

2®5Rate of prime paper

CLOSING PRICES OP GOVERNMENT 8ECDRITIE3 IN FEB., 1883.

Feb.

58,eon-tin'dal3^

103'6

412S,1891,coup.

113141131s

4«,1907,coup.

llS'g

11914..8...

3s,opt'nif. S.reg.

104 14

10418

6s,Cur.,1808,reg.

Feb.

5s,C071-

Un'dal-i^

4l2«,

1891,coup.

4s,1907,coup.

3s,

npl'nif. s.tig.

6»,Cur.,1898,reg.

1 18.. B2 19..3 20.. 11978

day

ioiia1044.. 21 . 11379

.Holi113%

5 I1313 119%1191-.!

10 1 la

lOlia101

22..fi 23.

24..7 11938..8...

-

S 119»s119121191a.8.

25..113% 103% 26.. loiie

lOiig

1041410414103%104 18

-

10.. 27 113=811938

11878120UB'e11038

'

11 .. 28......

12..

OpenHighLow,Cloa.

X378103'8lOS'a10378

II31411378II3I4113=8

13.. 119=814.. 104

10415.. 12016..17.. 113''8

CLOsrsa prices of consols and n. s. securities at London in peb.

Feb.

1.2.3.4.5.6.7.8.9.

10.11.12.13.14.15.16.17.18-

«e v 2e. © S1^1

102lO'ilio10218

102ie10218102181021?102.-!io10218

10218I023,g10238102381027j810238

5scxt. at313.

1057810578106 14

8,

10638106=81061aIO6I2105781057e

S,

1001061410610614101^14106 14

..8,

4 las

o.f

1891.

11014IIGI411636

11C381161s110=8II6I2116=8116=8

116=8110=8

1151a115%115%

4s 0/1907.

122181221812238

12238122=8122%122%122%122%

122%12-278

Vl2\12278123123

19.20.21.22.23.24.5.

Feb.

2728

Opening .

.

Highest...Lowest . .

.

Closing . .

.

8'ce Jan. 1Highest...Lowest -

.

.s a.MS, »Si o <-

O a

1023810V!381023a102=16102=16102 14

IO2I4102^1,102

102I027ja102102

r027i6lOO's

5s 4ias^xt.at] of3^. 1891

IO6I4ioei410614106 14106381063s

s.

10638106=810638

lOS'e100=81057810638

100%10112

115=81157a1157811579115%115%

ll.T

115%

4s 0/1907.

123123%12.<ie123%12312278

122%122%

115=8 122%

II6I4116=811514115=8

1167pII514

122181231*I2219122%

1233a122,

The following table will show ths lowest, highest andclosing prices of railway and miscellaneous stocks at theN. Y. Stock Exchange during the months of January andFebruary, 1883.

range of STOOKa IN JANUARY AND FEBRUARY.

Railroads.Albany & Susqueh . .

.

Allegheny Central ..

Atch. Top. & Kan.Fe.BosLc&N.Y.AirL,.p(-Burl. Cod. Kap. &No.Canadian Pacific ....

Canada SoutliemCedar Falls & Minn .

Central IowaCentral of N. Jersey.Central P.acilio

Ches. & OliioDo Istpref.Do 2d pref

.

Chicago & AltonDo pref.

Chic. Burl. * Quinoy.Chic. MIL & St. Paul.

Do pref.Chic. & Northwest. .

.

Do pref,Ohio. & Rock Isl.and .

.

Chic. 8t.L, & N.Orl'nsChic. St.P. Mlnn,& O.

Do pref.Cin, San. & ClevClev. Col. Cin. & Ind.Clev. & Plttsb., guar.CoL& Greonv., pref,.Col. Chic. & Ind.Cent.Danhury & Norwalk.Del. Lack. & West'ni.Denver & R. GrandeDubuque <fe Sioux C.

.

East Xenn. Va. & Ga.Do pref.

Evansv. <t Terra H. .

.

Fort W. & Denver C.GreenB.Win.&St. P.Hannibal & St. Jo

Do pref.HarlemHoust & Tex. Cent..Illinois CentralDo L'eod Lino 4 p.o

Indiana Bl. &W

Dec. 30.•125

. January. .

Low. High,. Jan. 31.

•83

"67'

10

7982

Febriiari/. ,

Low. High. Fcb.2B.

128 131

8283

09 138633«2233I324%131

i22"1051a1203*61355l50ia1251a

"52=8II312

65142568 14

J831422sola23 la

71%152876128823%351a27

68>3

781a808OI359 1463%12

79811a82611a68%14

8OI480%5966

72%5S3%^•3*33241a

I34I4 I3714 135

120 "i257e 12316

IO314 1081a IO6I4119% 122 1201ano 13614 13113I45J2 15118

I2714 1248055

123804838

68 147920132378221a130140115%977s1163812818143118

73 >«

83=82332 '4

25%13714512278IO6I41201a133%1471s123=8

7lia81*2130•23%133

§116%101 la

119%I32141451a121'g

4918107=8 II314 IO8I4

'80•139

12841%

1018

150-71

I4214

'33%'

77139

"31470%124%39738991416%75306

421s72

19a75

141=87832

84142

80'110

478 «470%

I2914 125=8

44%102%406,8%140%314

49 48%lOSSs 1074679% 73141 'ISQ31 316 e

51% 4389% *86% 871a 87%IOI4 8% 9%I8I4 17 14% 16%75 70 753379 31 3J 31%6% 5 6 :

46% t42% 40 4487% 86 80 86%

200 200 20079 *73 73 73147 147 §M1Bb 146% 514481 77 8035 '32% 27 31% 297e

Prices bid. t Prices aakeO. lExpriTiloga. } Ex dlvidead.'^

125% 1223848 >4 4439

*808%15%

til8II4

200•72

Page 13: March 3, 1883, Vol. 36, No. 923 - St. Louis Fed · 0jllinttt: xmm hunt'smerchants'magazine, ftffiprbsbntinotheindustrialandcommercialinterestsoptheunitedstates vol.36. newyork,march

Mai ch 8. 1888.] THE CHRONICLE 237

Uvii.noAn*.Jollu: Alliii'HKo...Lnico l':i'iodi WuaC.IjlUll.HllMl-o

l.(>nK iHhiiiil

lx>iii»vlll»& NiutbT..Ia>uI»v. N. A. .\iCbio.MaiUiiittuu

Do l8t protDo com.

Maiilmttiiii n^nch Co.Miirtta .Vl-'In. 1st p(Mi'inplilH A rim'Btou.Molr.ii'Dlitmi IClor...

MU'lilk'.ii> Coiitrul....

Mil. KSIi. & WUo pref.

MInaruiHilU it St. L..

Do jirof.

Ho. KiiiiB. A Tiixos ..

MlBSOiiri I'aclllo

Mobile A DliloMonin A I'Issex

Nasliv.CliHlt. t<:St. L.N. Y. Coiit. A riufl. KM.Y.Cblo. &St.Iy<iii8.

Do iref.New York Klcvnteil .

N. Y. l-ako Krlo A W.Do prof.

N. Y. A New EiiRl'd.

N.Y.N. 11..tlliirtCrdN. Y. Ontario fcW...Norfolk <& Wiatom..

Do pref.Nortlicm PacUlo

Do pref.OUo CentralOhio Jt MlsslMlppi...

Do pref.Oluo SoiitliiniOregon Short Line ..

Orej^ii & TranH-Con.Pec. Decat. & K'ville.PbilB. & Ri<a<Ung....Pltt»b.Ft.W.&t:.Kuar.

Do SpoilalBensael. & Sarnto;;a.Klob.i Al.si'k. tr. ct.Richmond Sc DauvlUeBicbnioniUt West Pt.Rochestor A Plltsb..Rome Wat. &, Ok>1.

.

fit. L,. Alton &T. 11..Do pref

Bt. L. & 8. Francisco.Do pref.Do 1st pref.

Bt.Paul & DulutU ...

Do pref.8t Paul Minn. & ManSouth CarolinaTexas A PacMoTol. Delplios A Bur..Union Pacittc ..^.. .

United Co'8 of N. J...

Vlritinla MidlandWab. St. U APaciao.

Do . pref.Warrea

TK1.EOKAPH.Amer. TcI. A Cable..Autirican District...Bankfli's' A .Uerch'ta'Oold A SlockMutual UnionWo8t Union, ox otfs.

EXl'KBSS.AdaiuRAjnericiinUlilted SuitesWeUs. Fartro A Co. . ..

Coal anu Minixo.Oameron CoalCent. .Arizona Mln ...

ColonidoCoal A IronConsoliilatum Co.il ..

Honitwtako .Mining ..

Maryland CoalNow Central Coal. ..

Ontario Silver MIu'r.PonnsylvauiaQaick.sUver Mining ..

Do pref.Standard Cons. Mla'g

V.IRIOC8.Del. A Hud. Canal...Orci'n K'y A Nav.Co.PtteLilc.H.tilPallniaii PalaooCar.Sutro Tuuuel

<—— January. .

See.ao. Lote. UUiK. Jan. 31.

30^(113

53 "

"47"

•SB's•46

29>« 33 <« 2'J>fl

1I0>6 114T« 110>i00 0.">

C8M005019

Bl'<8

Ii3!tt

4784\BO13

67>«

•Vi"•87•15•18

45•83498

tii)'"'

*i803>«32 Ml

ilOl^

123"

J 126•14>432.>i•9838 '88UU

26

"48"471$$35I314•32>

4580U6I'k46 >s276030>fl100 >«

17\122M55t>s125>9I2I42910137^8791a48

16925l>g

IS40%463>9

837912»831

6585

100i«18ViH30^68>g3478

10.5»»19 >a

12404 Tg

I28\15'»3510140^88352 14

17527161849\513g87 Mi13^834>*

46•8090 >«

28(13

32 >4

103'18122'«•dlMi1261329>«

"39 >9

80>44317020 14

61^004386481511388090IS«2>422''a6229 >4

27lOSTg01 >«

SlMl

45•85•4116>«

Februnry.^—.Jjov). lUuK. Ftb.ii138 13826 2.1 Mi

io«i%iruitO\ 63 14

fiTis

0)53^98t53IHMl114085Wa154027 •623238

07!l» 103»B 100>415 19i« '15

120 122's^l2050 02 58

121'4 127a8 12«t«10 12^ 101%

29 26%io> —39so48

2310.534»97545>«

80>«03 >a15431*2657 >4

30<K

•10037>976

1701a 17425 20>9

17225

40%49%8.j>«

12%

llMi 13%

594392«5319

82 'a

23%52H135

80 801a23 2014.581a 551a133 130

'201456

•2320>"4;"4S9ia•32•511a•95•39•95 >a143

'39%

il023i

347,54

139>a14472II42032439031%5OI2i9333%041392536%10O3I4

18ria203252

113

571a•2620%

141IS602022321a71 69100% tlOO34''g 31%54'8 51TglObia $*9240''8 '3!l

07 la 'Ul147i4*}l42ia231a4310101%18713281436>4574118

371a41'g7y!>8

91s2996102579103849 «g

135133140''j

10491a2116%

40Ml4:1 la

8512%33149613258025I355 14

1301a13314212885026i<g21I9

391943148339II3314

82792153i«

135

S214-2lia19

609229%48893591133

6999I932511a9339 •«

95145

•0709291a481a89•31•91143

40

99%

3714 40% 39

'Viii 99% "oi'ii

231433 '453%

20Mi 33 231441% 53^8 47%

•24iSlk

•130

03•123

2719*33

16•11

6579 6gia30 40

128 133964 90421 2579% 8519

40S61%31

6931

9B»9 904•22 19 23432% 794 81% 824

133 135 135 132 135 '132904 !i3 914 90 92 004024 654 '63 614 05 "OO121% 120 •123 122 125 '120

174%

28427417%17143t'>'g

3745%

184

32427%191711354

U 14

103

'i'l'ia

1234

3904

107 1094136 11139 43%

122 126

324•274

•3•38

28427»I64171313

2708

4054

31433%27417%171131

27084 '3

41% -1354

•15•13

1074 105% 1083, §106%137 133 13S 130•404 394 42% 41

117 122 119%4 4

* Frlcea bid. lAskod. I Ex priv. {Ex dlv. U Sold under tho rale.

BAXKliBS' BTKaUKO GXUILANQB (P03TICD RATBSI FOB FEB., 1833.

Feb.00

dayt.Bo-

maud, Feb.60

dayt.De-

mand. Feb.00

days.De-

mand.

1....8....8....4....8....6....7....8....»....10...11....

4 8344«344 834

8.

18344 8J44 83 44 8344 83 44 83 4

S.

4 874 874 67

'4 87"4 974S74 974 874 87

12....13....14....15....16...17....18....19....20...21....22....

4 8344 83418344 8344814 84

8.

4 834 834 83....Uoli

4 874 871874 974 874 87

4864'4 8044 804day

23....21...25....26....27....28....

RangeHighLow.

1831834

8.1834 8244 824

4 814 824

1381864138"18544 854

4 874 834

THE DEBT STATEMENT FOR FEBRUARY, 1883.

TLa following Is the official statement of the pablic debt aa it

appears from the books and Treasarer's retaras at the cloHe of

business on the last da/ of FebruaiTr, 188J

:

fTEBnrr-BEARiNa debt

Okaraeltr0/ iMtue.

Siof 1881-.8« of 1882..448 of 18014a of 1007..

48. ref. otf«38,iuvyp.fd

Author-iting Ael.

70 and '71Juiy 12,'H2'70 uud '71'70 and '71

Feb. 26,'79July 23,'68

WhenPayable.

May 1,'81At opUou,

Sept. l.'OlJuly 1.1007

Aggregate of Interegt-bearing debt

Amount OulttandUtg.

StgUltrtd.

#34,330,850297,108,600100,46 1,.500574,706,350

91,1 10,706,300 f223303,1)00•38.5.950

14,000,000

OoufOH.

n».538,»00164.365,000

»1,354305,750

• Continued at 34 per cent.On the teregolng laauos thora la a total of $1,068,217 loterMt

over-due and not yet oalled for. The total current accrued Intereat todatel8«),713.03u.

DKBT ON WHtOn INTEREST HA8 CEASED SINCE MATURITY.There is a total of ovcr.<iuo debt yet outstandlog. which ha* norer

been preaontod for payment, nf 413.311,945 principal and $405,880Interest. Of tbU Interest. $27,861 Is on the principal of called bonds,wliicli principalis iia follows: D-20a of 1862, #360.050; do 1864.«50.4<10: do 1805, »70,250 ; consols of 1865, $.i53,500: do 1867,$780,300; do 1808. $210,950; 10-lOa of 1861. $279,600; funded iMaof IS81. !tl.'>ll.5<'0; 3's cirts.. $5,000; Os of 1801, continued at 34 percent. $1,213, I.'jO; Os of 1803, continued at 34 per cent, $1,006,650; 5aof 1831, cuullnuod at 34, $7,103,500.

DEBT BEARING NO INTEREST.

Oharaeter of Itsue. Authoriging Act. Amount,

Old demand notesLegal-tender notesCertillcates of depositOold certiHcatcs

July 17, '01; Feb. 12, '62Feb. 25, '02 ; July 11, 62 ; Mar. 3,'63June 8. '72

$.50,180316,681.01611,310,000

March 3. '03 • Julv 12. '82 71,850,740Silver certillcates February 28. '78 73,295,970

Fractional currency J

Leaa amt. est'd lost or

July 17, '62; Mar. 3, > „ , --,„ ,,,'63; June 30, '61 J »15.302,132

destr'yed, act J'e 21,'79 8,375,931 7,016,493

Aggregate of debtUnclaimed Pacillo Rai

bearing no Interest $513,243,401Iroad interest 4,610

RECAPITULATION.

Interest-bearing debt—Bonds at 5 per cent, continoed at 34.Bonds at 44 por centBonds at 1 per centBonds at 3 per centRefunding certifioatesNavy pension fund

Total lntorC8t-l)earing debtDebton which int.has c^as'd since maVrityDebt bearing no interest—Old demand and legal-tender notesCertittoates of depositGold and silver cortiUcatesFractional currency

Total debt bearing no interestUnclaimed Pacific Railroad interest

.

TotAl $1,881,451,009Total debt, i>rincipal and interest, to dateTotal cash in Treasury

A»i««n(Outstanding.

$54,339,850230,000,00073ft,')Tl,3r.0

297,l!i8,600385,950

14,000,000

$1,354,895,73013,311,945

316,710.19611.310.000

118.116,7107,016,498

$513,243,104

Debt, less cosh in Treasury. March 1. 1883..Debt, less cash in Treasury, Feb. 1, 1883

Decrease of debt during the past month.Dccrea'ie of debt since June 30. 1 882

Interest.

$10,681,251405,889

4.610

$1 1 .091,763$1,892,542,863

306,266.748

$1,586,276,1111.593.906,792

$7,630,678$102,633,346

CUBKKNT 1>IAH1I,1TIE8—Interest due and unpaidDebt on which interest has ceasedInterest thereonGold and silver cortlticatesU. S. notes held fur redemption of certltloatea of deposit,Cosh balance available Feb. 1, 1883

TotalAVAILABLK A8SRTS—

Cash in the Treasury

$1,963,21713.311,945

405.88914'>. 146.71011.310.000

131.093.9S6

$306,266,748

$306.266.718

BONDS ISSUED TO THE PACIFIC RAILWAY COMPANIES.INTEBK8T PATABLB BIT TUB ONITEO STATKS.

Character ofIssue.

A mountoutstanding.

Interest paidby U. S.

Interestrepaid by

transportat'n

Balanee ofinterest paidby U.S.

Central Paoltio ..

Kansas Paoilio .

.

Union PacilloCeutnil Ur. U. P..

Western Paoiflc.Sioux City A Pac.

$25,885,1206.303.000

27.230.5121.000.0001.970.5001.028.320

$22,076,0015,940.243

21.140,7.J51.501, S031,009,1321,115,117

$1,406,9452.S3J.212S.* 49.222152.140

9.307120.370

$17,620,8883.108,000

15,291,5331,348,7381,599,7651,295,077

Total $01,023,512 .$.57,383,388 $16,370,190 $40,257,993

The Pacillo Rikilrood bonds are all Issned nnder the acts of Jnly 1

,

1862, and July 2, 1801; they are registered bonda In the donominatloniof $1,000, $5,000 and $10,000; boar 6 per cent interest In curreaor,payable January 1 and July 1, and mature 30 years frena their date.

j UNITED STATES TREASURY STATEXTENT.The following sfcatamant, from the office of the Treasurer,

vras issued this week. It is based upon the actual retmms

from Assistant Treasurers, depositaries and saperinteadeata in

mints and assay offices

:

UABILntBS, HABCH 1, IgSXPost-offlce Department ooceoat •'•»5?'J*« /»Disbursing omoeia balanoes 30,0/7,8 'At SJ

Page 14: March 3, 1883, Vol. 36, No. 923 - St. Louis Fed · 0jllinttt: xmm hunt'smerchants'magazine, ftffiprbsbntinotheindustrialandcommercialinterestsoptheunitedstates vol.36. newyork,march

238 THE CHRONICLE. (Vol. XXrvi.

$39,138,990 32421,402 09

14,042,614 29299,459 CO

9,128 68103,225 39

3,900 00191,565 10

9,505,633 13

Fund for redemption of notes of national b.inks "failed,""in luiuidatiou," and "reduciiiK circulatiou"

Undistributed lutsctB of failed national banlis

FlYe per cent fund for redemption of nat'l bank notes.Fund for redemption of national bank gold notesCurrency and ininorH-oin redemption acoouutFractional silverK^oin redemption accountInterest account. Pacific Rtillroads and L.& P. Canal CoTreasurer U.S., airent forpaj'in.c interest on D. C. bondsTreasurer's tran.ifcr checks antl drafts outstandingTreasurer's Kcueral account

Interest dne and unpaid $1,512.997 62Matured bonds and interest 703.050 65Called bonds and interest 12,227,01) ^ 29Olddclrt 7S7.779 08Gold ccrtlflcatcs 74,H.50,74() 00BUvercertilicatcs 73,29.1,970 00Certitlcates of deposit 11,340,000 00Balance, iucludinfi bullion fund 128,044.472 30

Total Treasurer's general account $306,962,014 94Less unavailable funds 695,266 16—306,266,743 78

10027,3

325,

32

14,

070 52560 34,444 00,275 78,114 04,270 00550 00,817 28,537 43

$404,082,207 58ASSETS, MABCH 1, 1883.

Gold coin $125Gold bullion 52Standard silver dollarsFractional silver coinSilver bullionGold certitlcatesSilver certiflcatesUnited States notesNational liank notesNational bank gold notesFractional currencyDeposits held by national bank depositariesMinor coinNew York and San Francisco exchangeOne and two-year notes, &oBedeemed certificates of deposit, Jane 8, 1872 210,Quarterly interest checks and coin cxiupons paid ., . . .

.

184;United States bond.s and intere.'^t

Interest on Di-strict of Columbia bonds 1.563 70Speaker's certiflcates 109,442 80Pacific Kailioad interest paid 1,080 00

446,215,,261,507.,974,

,296,268,744,,761,

10,,671532,,835,

499 50,846 43865 29000 00126 00000 00,154 47

3104.082,207 58

^anztux'^s&ammzicciixl guglisft '^tvas

RATES OP EXCHANGE AT LONDON AND ON LONDONAT LATEST DATES.

MXOHANQE AT LONDON— r,b. 10.

On- Time.

Amsterdam . 3 mos.Amsterdam . Short.Antwerp 3 mos.Hamburg . .

.

**

Berlin "

Frankfort 14

Copenhagen. "

St. Petersb'gParis... ... Short.Paris 3 mos.Vienna "Madrid.......Genoa tt

Tiisbon **

New York... <*

Alexandria.

.

Bombay .. .. 60daysCalcutta .

.

Hong Kong..Btiangliai ....

Rale.

12-4% ®12-."iH12112 al2-2i325-47ia-* •25-521220-6:i «-20-6620-62 ®20-6620-62 ®-.'0-6618-40 ® 18-45

23 14-31233825-20 Wib-'ZT^25-421s'a>-25-47i212-10 'ail2-12h

46 ®46i825-70 ®25-755113i6ajll5ig

Is. 7Bi8d.Is. 76i8d.

EXOHANOB ON LONDON.LatestDate.

Feb. 10

Feb.Feb.Feb.Feb.

Feb.Feb.Feb.

Feb.Feb.Feb.Feb.Feb.Feb.

Time.

Short.

Short.

Short.ChecksShort.

Short.3 mos.4 mos.

Rale.

12-00

25-2420-4320-4320-13

25-2125-22ia11-95

4-82I39678

Is. 75i„d.Is. 7932d.38. 8^a.5b. Id.

(From our own correspondent.!

London, Saturday, Fubruary 10, 1883.

The features of interest of eacouragemeat ia the oommBrcialand financial world during the week ja.st closed have been ex-

ceedingly few. In fact, buHiness generally has been of thequietest description, and the variations in the prices of securities

and commodities have baen exceedingly trifling. The weather re-

mains as unpropitiouH as it can be for the agricultural interests,

the fall of rain having again been heavy. The days are mildand occasionally bright, there having been heavy falls of rainat night, and vegetation is in a more forward state than it

should hi at this season of the year. The work of sowingcereals continues at a standstill, and it is diffl ult to say when it

will be resumed. The agricultural prospect is certaialy a poorone, and thw production of wheat this season can scarcely ap-proach an average. Political aflfairs have shown no new devel-opment, but hopes are entertained that the period of lawless-ness in Ireland is reaching its termination. Parliament meetsnext Thursday, and the country is promised—what it muchdesires—domestic legislation, the neglect of which is now beingfelt considerably.

In the discount market during the week much quietness hasprevailed, and the rates of discount have had a downwardtendency. The quotation for three months' bank bills is

3M@3% per cent. Money for short periods has, however, beenin demand, and the rate is 3M@4 per cent. This is attributedto the fact that the leading railway companies will be distribut-ing their dividends next weak, and preparations are now being

made to facilitate the operation. The foreign exchanges re-main favorable to us, and no immediate change in the value ofmoney is expected to take place. The following are the presentrates of discount

:

Per cent.Bank rate 4Open-market rates—30 and 60 days' bills 3Ha338Smonths' bills 3i4®33a

Open market rates— Per cent.4 mouths' bank bills 3'4®3386 months' bank bills 3i43>3384 & 6 months' trade bills, i ®4ia

Joint-stock banksDiscount houses at call

Do with 7 and 14 days' notice

The following are the rates of intere.st allowed by the joint-

stock banks and discount houses for deposits :

Per cent-333J4

Annexed is a statement showing the present position of theBank of England, the Bank rate of discount, the price ofconsols, the average quotation for English wheat, the price ofmiddling upland cotton. No. 40 mule twist, fair 2d quality,

and the Bankers' Clearing House return, compared with thethree previous years :

1883.£

Circulation 25,165,975Public deposits 4.071,790Other deposits 22,2S8.975Governm't securities. 11.8*5.107Other securities 19.90.1,870Res've of notes & coin 12,700,071Coin and bullion inboth departments..

Proportion of reserveto liabilities

Bank rateConsols.

1882.a

25,347,2055.173.975

21.052,66512.511,98625,766.8519,175,183

1881.£

26,312.eC56.666.070

24,895.10614.353,30021,203,-23214,146,292

1880.£

27,385,8054.6S1,854

27,832,64016,804,7831^,061,38115,827,487

22,116,016 18,772,387 25,459,197 28,213,292

En^.'whcat, av. priceMid. Upland cotton .

.

No. 40 mule twi.st...

47-804 p. c.

10240s. 4d.

o'-sd.

93id.

31%6 p. c.

91'%46.S. 3d.

C%1.lOisd.

41>23>a p. c.

985842s. 6d.

07, ,51!.

lO^ad.

43H3 p. c.98%

15s. 3d.7li«d.ni2i.

OleariiiK-House rot'n. 132,105,000 161,307,000 114,606,000 149.301.000

The following are the current rates for money at the prin-cipal foreign centres:

Bank Openrale. market.Pr. cl. Pr. et.

Paris 3% 3%Berlin 4 3%Frankfort 314Hamburg 3Amsterdam 5% 5>4

Bank f^>)en

rati. market.Pr. ct. Pr. ct.

Brussels 4 S^bMadrid and otherSpanish cities.. 4% 4%

Vicuna 4'a 4>4N. Y'. call money 2®3

The revenue is now being rapidly collected, and the Treasurybalance at the Bank of England has during the past week beenaugmented to the extent of £1,715,412. This large increase

in the liabilities of the Bank has caused the proportion of,

reserve to liabilities to decline to 46^ per cent. At this

period last year the proportion was only 33)^ per cent

and the Bank rate was 6 per cent. The total supply of bullion

is £22,395,827, against £19,301,005, while the reserve of notes

and coin is £12,955,652 and £9,935,710 in 1882. It is quite

clear that the financial position is much more satisfactory thanit was a year ago, and there is every reason for believing that

until next autumn considerable ease will prevail. Tenders for

£1,820,000 Treasury bills were opened on Tuesday at the Bankof England. The amounts allotted were as follows, viz : In

bills at three months, £1,429,000 and at six months £400,000"

Tenders for bills at three months, at £99 6s. 2d., will receive

about 53 per cent, and above in full ; and for bills at six

months at £98 138. and above in full. These allotments repre-

sent a discount rate of £2 15s. 4d. and £2 148. per cent per an-num respectively.

The movements in gold during the week have not been im-portant, but coin has been returning in considerable quantities

from provincial circulation. The silver market has been dull,

the price of fine b-irs being 50>^d. to 50%d., and of Mexicandollars 49%d. per ounce.

Tenders were received at the Bank of England on Wednesdayfor £500,000 in India Council bills. An average rate of Is.

7-375d. was obtained. Tenders on all Presidencies at Is. 7%d.received in full. Since the commencement of the financial

year these bills have realized a sum of £11,331,562.

The movementa in bullion in the United Kingdom during the

month were as follows:

1881.

Imports of gold 482,018Imports of silver 1,106,906Exports of gold 50S,3'25Exiiorts of silver 944,622

1882.£

293,2342,397,004493,584732,061

1883.£

510,276223.392903,570980,051

TOTAM OP GOLD AND SILVER.

ImportsExports

990,3132,051,528

791,8183,129,1-25

1.413,8181,206,443

The following figures relate only to the United States ;

Imports of gold...Exports of ^oid...Imports of silver.

.

Exports of silver.

1881.8,053

600,880289,874

2,000

1882.675

31,160157,765

88

1883.

390,8152,350

Page 15: March 3, 1883, Vol. 36, No. 923 - St. Louis Fed · 0jllinttt: xmm hunt'smerchants'magazine, ftffiprbsbntinotheindustrialandcommercialinterestsoptheunitedstates vol.36. newyork,march

March 8, 1868.] THE CHRONICLE. 239

The Secretary of the BritiHh Iron Trade Aasooiation has

i«aneda stattmeut Hhowing the extent of the "make" of pijf

Iron in 1882 in the United Kingdom, and also the stocks at the

olose of each of the last two years. The prounn.'nt feature Uthat the whole of the production has been consumed, and that

the stocks have decreased to the extent of 159,86S tons

:

rnouumoN of no iron

• DlMlrielt.neTi'laiid tons,Bi'otliinil

WoKt Ciiiiilioi laudHniith WiiU'R

iiiro .

'lire

.

Nortli AV

N(»i

Luno;ij^tiirt^

Nmn Imiii I't oiiBlilro

Went 1111(1 South VorkHlilreDcrti.VNiilru and Nslts81iroiisliltt»

UlouocstcrahiiT.WtUgliire, &o.

Totals

Foil Tin: YKAn. Tlair-ytarJune 30,

1883., 1,332.513

6«n.000'472.038470,53025.072100,4421.^7.386102,801392,00800,47.'i

151.000228.e.^330,27525.000

. 4,241,245

KSDINO DEC.

endlna .

Dee. 31,1882.

1,3.^,107500,400520,14.1400,70023,011

• 208,01)1160,73108.700

300.071101,040128.1.^7217,OS241.20O23,000

4,252,042

31, 1SS2.

riiiHi

Proiiiifl'n

fur 1-82.2,(!-l><.(1,">0

l.l',:ii.ooo

l,ool.i>ilHr<:i.:i05

'l-',713

30S.413317,117201. .-,61

7S2.7:lOlivj.un

4l."i.7:tS

HII.175•IM.OOO

3,lS»;i,2-)7

* Kstlmaird

Stocks of pig iron held by makers and in warrant stores in

the United Kingdom at December 31, 1883, with increase ordecrease as compared with December 31, 1881

:

-Stoekt at

Duh-icls.

ClevelandBcotlniKlWest CimibcrlandSouth \Vi\\e»

North Wuk'SSouth SiatTordsblreNorth StntTurdshircLiucohi.^blreLnnoii sliiro

NortliHiuptonshlre.

.

West and South Yorkgblre.Derbysliire and NottsSliropshiroQloucesierBbireand WiUslilre.

hievfAiteor

ilccreate.Tong.

iiii.onitlOl.OOO*j;i,3o.s

•J.'),2S1

17.0001T,f.08

*18.810tl.'i.CH•..3-i2*:).80.5

•.i.llO»11,071tl'.i..'505

1300

Totals.' tuorease.

76.804 1,736,262t Decrease.

1159,308

The following is a summary of the movements of the year :

The stocks of pig iron on December 31, 1881. amounted to.. 1,730,202The production of pl« Iron In 1882 was 8.403.287

T.ital 10.229,540Deduct stocks on l-'ecembcr 31, 1882 1,570,804

Total coDSumptiou of plR iron in 1882 a,C.')2.655

As against a oonsuiuptlonln 1881 of 8,182,513

Being an Increase of 470,142

Note—The stocks at December 31, 1882, are equal to 182 per cent, or9-4 weeks of the consumption of that year, as against21 per cent, or 11weeks of the consumption of 1881, represented by the stocks on Deo. 31of that jcar.

The exports of cotton piece gocds in January last, comparedwith the two previous years, were as follows

1881.Exported to— Yanls.

Genuany 4.050.100Hollnnil 5.237.300France 6,120,500Portugal, Azores i Madeira. 5,727,600Italy 8,010,900Austrian Territories 532,800Greece 3,878.700Turkey 44,835,000Egj-nt 18,225,700West t<)n.«t of Africa (For.).. 772.000United States 7,441,100Forel|.ni West Indies ."1,161 ,000Mexii.) 2,997.200Centnil America I,971,2e0United States of Colombia.. 2,792,000Brazil 15.867,000Uruh-ii:iv 3,788,700Argouti'ue Republic 9,044,700CUill 3,183.800Peni 881,100Cbiua and Hong Kong 33,933.000JapanDutrli Possessions in India..Phlliii|iine IslandsGibiultarMaltaWest Cuastof Africa (Brit.).Britisli Nortli AmericaBrlti.'ili West India Islands &Oiiiana

Briti.sli Possessions In SouthAfrica

British India-Bombay 50.431.900

.5,288,3004.309,1005,23i:,4002.223,3003.160.2003,064,9005,027,400

1882.Xarda.

4,00 :f.0004,059,0008,120,4004,431,0000,886,300703.800

4,330,900S5,718.><007,940.1002,87(i,000

12,«03,i005,313,1002,051,1002,500.8004.020.800

16,630,5003,070,2005,.133.800

12,298,7002,181,t)00

44,198.2004,711,5008,823.2006,499.6001,681,3002,364,8002,869.3007,253,000

1883.Yardx.

3,9R2,.'->00

4.257.1005,'-'52,700

.5,264,0008,983.60086.5,300

2,045,00025,052,20020,348.8003,513.4008, 50. 007,686,1003,341.5002,515,0003.509.00015,O»iH.9003,S0^ 7007,813. ;iiO4,754.300941.1100

36.117.3002,627,S007,28S,.">004,401.(X)0912.700

2.352. JOO3,101.9008,029,100

place in the qnotatlona. Conslderln^r, howev«r, bow poor tothe agricultural prospect in this cfxiAtrv at the prMMot time,the upward movement in prices in dt'cidedly slow. The qauitttyot wheat afloat to the United Kingdom la estimated at 3,134,0mquMters ; llour, 240,000 quarters, aad Indian corn, 231,000qiuirters.

The following return shows the extmit of the import* ofcereal prodooe into the United Kingdom during the flrat

twenty-three weeks of the season, compared with the corres-ponding period in the three prevloos seasons:

IMrORTR.1882-83. 1881-82. 1880-91. 1870 80.

Wheat OWt.20,660.022 27,022,777 27,007,825 3O.l>.'S8,006Barley 9,081,238 6,801,873 7,005.i:i0 8,174,107OaU 6,822.438 1.3I0..530 5,117,204 7,007,701Peas 1,028.835 867,902 1,201,205 1,168,828Beans 1,040.129 758,123 1,091.678 1.300,974Indian com 6,150,287 10,012.400 15.S70.0O3 10,361,717Flour 7,115,857 8,560,055 6.076,754 5,409,910

SUPri.IKS AVAILAnLE FOR CONStTMmOH.1882-83. 1881-82. 1880-81. 1870-60.

Iraportsofwlieat.cwt. 29.009,022 27,922,777 27,007,82.'i 30,058,804Imports of Uuur 7,115,937 3,300,055 6,076,754 5,406,019Sales of bomC'grownproduce 19,560,160 18,558,400 1.5,744,100 11,620,620

Total 56,315,630 50,041,232 40,728,670 47,0(13,141Av'ge price of Eugllsliwheat for season . ars. 41 s. Od. 478. Od. 42s. S4. 47s. Id.

Visilrtlc supply ot wheatin Uiiifd 8t'8.. bush. 21,900,000 17,800,000 23,000,000 20,.50l,00O

The following return shows the extent of the imports ofwheat and flour into the United Kingdom during the Brst five

months of the season, viz , Septeinber to January, inclusive,

compared with the corresponding period in the three previousyears:

Wheat.1882-83. 1881-82. 1880-81. 1879-80.

From— Ov)l. Chct, Ovt. OwLRussia 3,702,103 3,136,004 622,031 3,014,081Unitol States 10,241,098 13,2X0,630 13,523,534 17,401,222Brit. N. America ... 1,560,180 1,604,307 2,011,406 2,077,388Oermauy .^ 1,083,330 1,310,240 213.073 1,237,647France

~6,773 4,786 1,288 5,985

Chili 728,252 378.410 445,754 991,713Turkey dcRoumania. 565,771 54.247 lft6..540 86Egypt 10,043 234,540 434,414 1,347,363BRtish India 2,864,033 0,8.33,203 l,803..Wl 804,063Australia 610,511 820,247 2,120,944 > -oi jqaOther countries 327,230 40,850 56,686 J

"''^•'•'"

Total 27,708,502 25,808,300 23,313,021 23,566,512Flocr.

Germany 071,761 723,555 511,045 516,853Prance 71,106 103,.570 144.009 134,085United States 4,351,557 2,480,823 3,453,603 3,303.791Brit. N. America... 190,501 164,417 313,946 254,485Otheroountries 1,123,700 087,257 1,150.071 864,603

Total 6,710,525 4,130,622 5,004.564 5,168,799

The following return shows the estimated value of tha

imports cf cereal produce into the United Kingdom duringthe first Ave months of the season, viz.: from September to

January inclusive, compared with the corresponding period in

the three previous years :

1892-83. 1881-82. 1880-91. 1879-80.Wheat 413,005.600 £14.787.893 «12.420.a92 £16,703.459Barley 3,248,038 2,737,976 2,842,383 3.547,777Oats.. 2,121,840 1,528,027 1,623,138 2,360.561Peas 402,036 338,751 502,;)0O 451,324Beans 375,071 253,727 423,380 519,951Indian com.. 2,113.611 3.201.201 4,230,100 2,014,821Flour 5,352,203 3,310,028 4,308,050 4,354,648

Total.... £27.322.460 £26.427,272 £26.600,607 £30..882,547

Engllah market Reports—Per Cable.

The dally closing quotations for securities, &c., at London,

and for breadstuffs and provisions at Liverpool, are reported

by cable as follows for the week ending March 2:

3,117,500 4,239,300 3,000,900

1,982,500 2,110,600 1,422,500

6,753,50001,302.700l;i,83i!,0002.403,7005,284,400

Other countries 17,261,200

Madras

.

BengalStraits Settlements.Ceylon

Aiistr.ilasia.

40,139,9006,000,70033,033,5005,738,6001,357.5007.016,90016,810,100

69,787.2009,019.400

84,357.50010,191.2001.730.001)7.233.200

18.81111,200

Tnt

Toprcdomniatiug

.

Iir-d 288.451.700id 120,818,500

lion2,097.900

251,647,300115,996,400

3,004,000

284,6.7,200123,445,700

2,730,500

700 410.793.100Grand total 411.371,100 370,61';

The weather having been very unfavorable, and the dt liv-

eries of British farmers light and in poor condition, the tradefor wheat during the week has been Ann. especially for gooddry produce. An advance of about Is. per quarter has taken

London.

Sliver, per oz d.Consols for moneyConsols for accountFr'oh rentes (in Paris) fr

U. S. Ssext'u'd into3issU. S. 4>B8 of 1891U.S. 48 of 1907Cblc. .Mil. & St. Paid....Erie, common stockQllnois CentralN. Y. Ontario .S: West'n.PennsylvaniaPhlladeliihia A Reading.Vew York Central

Sat.

51102>4102>a80-25100 :%115%1227810336''e147%203a61>4267h129 >«

Hon. Txus. Wed.

51102 >4

10 J%80-47>9100%115S8

122%1021s36 >«

1407825'861»j20%129%

511023,g102'480-70106=8115%122%103?7%147 '4

26U6|ia27%130

51102102%91-05106%I15»8122%104%38!%148%26>462''8

27%130%

rAiir*. Fri

145i:102%IU2%81-3510638115»8122%lul%38U8%20U03382738130%

»1102»,«102 !>8

81-U'.i%106%Iti121S%10538^149%'263*9

03%28130^8

Liverpool.

Flonr (ex. 8tate)..10O lb.

Wheat, No. 1, wh. "Spring, No. 2. u. "winter. West., n "Cal. white "

Oom, mix.. West. "

Pork, West. mess.,^bhlBacon, long clear, new..Beef, pr. mess, new,Vtc.l-ard. prime West, f owt,Oliwse. Am. finest

Sat.

d.12 6

6 98040 68757 305 6

ifon. T>u*. Wed.

«. d.12 69 49 69 89 5

80

57 3

$. d.

12 6

40 68757 305

d.12 6

49 6

8

03 6

TAurt. Fri.

50 6»757 603 6

t. tt.

13 646

9 8

80 O51'87 O58 O65 a.

^ommtvcl^land lytisceUaacgtts JIxwb

Bo!n» HELD BY Natiosal Basm.—The following interesting

statement, furnished by the Comptroller of the Currency, shows

the amount of each cla-ss of bmds held againtt nationat banK

circulation and to secure public moneys in national naoK

Page 16: March 3, 1883, Vol. 36, No. 923 - St. Louis Fed · 0jllinttt: xmm hunt'smerchants'magazine, ftffiprbsbntinotheindustrialandcommercialinterestsoptheunitedstates vol.36. newyork,march

240 THE CHRONICLE. rVoL. XXXVI.

depositories on Mar. 1. "We gave the statement for Feb. 1,

in Cheonicle of Feb. 3, page 128, and by referring to that the

changes made during the month can be seen.

J)etcriplion of Jlondf.

38, Act July 12, 1882Currency 6s)

5 per cent.s

41a per cents

4 per cents

5s, ext. at 3 "2

6a, est. at 3^

Total.

U. S. JBondsHeld Mar. 1, 1883, to Secure—

PublieDeposilf

in Banks.

.+8,291.000

20,000

910,500

6,871,000595,000111,500

$16,799,000

BankCircufation.

$197,923,3003,526,000

15,000

36,905,200103,030,950

14,017,630

743,700

$358,163,8.10

Total Beld.

$206,214,3003,516,000

15.000

37,815,700

111,901,950

14,612,650

857,200

$374,962,800

Chanqis in Legal TBSDBEa and National Bank NoTEa toMar. 1.—The Comptroller of the Currency has famished us thefollowing, showing the amounts of national bank notes out-

standing Feb. 1, together with the amounts outstanding Mar. 1,

and the increase or decrease during the month; also thechanges in legal tenders held for the redemption of bank notesup to Mar. 1

:

National Bank Kotes—Amount outstaudinfj Feljruary 1, 1883.Amount issued during FebruaryAmount retired during February

Amount outstanding Mar, 1, 1883*.

Legal Tender Notes—Amount on deposit to redeem national banknotes Fib. 1, 18S3

Amoimt deposited during FebruaryAmount reissued & b'nk notes retired in Feb.

Amount on deposit to redeem nationalbanknotes Mar. 1, !8S3

$1,272,7802,165,551

$2,6«3,.'i322,115,551

$361,459,151

— 892,771

$360,56S,380

1,228,823

547,981

$40,776,801

" Circulation of national go\iX banks, not Included above, $754,009.

According to the above the amount of le^al tenders ondeposit Mar. 1 with the Treasurer of the United States to redeemnational bank notes was $40,776,804. The portion of this depositmade (1) by banks becoming insolvent, (2) by banks going intovoluntary liquidation, and (3) by banks reducing or retiring theircirculation, was as follows on the first of each of the last fivemonths:

Deposits by- Nov. 1. Dec. 1. Jan. 1.

Insolvent bksLlquid't'K bksKeduc's und'ract of 1871.

Total

1,035,0309,924,482

27,122,158

$1,035,030 1,095,39110,281,782111,349,272

I

27,070,302 27,435,649

39.081,670 38,391. 114 '39.940,81 5 10.228,823 40,776,801

1,103,51211,766,715

27,358,596

Mar. 1.

1,097,794ie,0Ul,683

•23677327

* Tire large decrease in the deimsits of lawful money under the Act ofJune 20, 1874, and Uie corresponding increase in the depos'ts of liciutd-atlng banks, is occasioned in part by the transfer of $4,001,268 fromthe former to the latter account.

CoiNAOE BY United States Mints.—The following statement,kindly tarnished us by the Director of the Mint, sho.vs thecoinage executed at the Mints of the United States during themonth of February, 1883

:

Denomination.

Double eaiflos..EaglesHalf eaglesThree dollars..Quarter casles.Dollars

Total gold...

Standard dcillaraDimes

Total silver.

Five centsOne cent

Total minor . .

.

Total coinage.

Pieces.

97,44040404040

1,210

98,8402,100,000610,000

3,010,000

2,224,0002,530,000

4,754.000

7,862,840

Value.

$1,948,800 004( 00200 00120 00100 00

1.240 00

$1,930,860 00$2,400,000 00

61,000 00

$2,461,010 00111,200 0025,300 00

$136,500 00

$4,518,360 03

Imports and Exports for thb Wsbk.—The imports of lastweek, compared with those of the preceding week, show adecrease m both dry goods and in general merchandise. Thetotal imports were $6,927,115, against ?;9.719,967 the pr^-oedmg week and 1^10,019,397 two weeks previous. The eiBorts

I'i^nn"^"^ ®'"^** ^''^- 27 amounted to J5,909,490, against

56,963,600 last week and $6,157,092 two weeks previous. Thefollowing are the imports at New York for the week endinc(for dry goods) Ft-b. 22 and for the week ending (for generalmerchandise) Feb. 23; also totals since the beginning of firstweek in Jaouary

:

WM rOBKION IMrORTS AT NEW YORK.

For Week.

Dry goodsGen'lmer'dise.

TotalSince Jan. 1.

Dry goodsBeii'lmer'dlse..

Total 8 veeks

1880.

$2.32.'..9005,522,977

$7,818,877

*21,374,U048,246,657

$69,620,806

1881.

1,633,4077,273.939

$8,907,316

$19,280,84240,919,933

$60,200,775

1882.

li4.1SO,8206,9jl,43-.i

$11,175,232

$25,358,11551,100,038

».76.4.59,053

1883.

.t2,149,l234,777,992

$6,927,115

$22,573,46147,152,140

$69.72.\601

In our report of the dry goods trade will be found the importsof dry goods for one week later.The following is a statement of the exports (exclusive of

specie) from the port of New York to foreign ports for theweek ending February 27, and from January 1 to date

:

KXPORT8 FROM NEW TORK FOR TUB WEEK.

1830. 1881. 1882. 1883.

For the week. .

.

Prev. reported..$5,293,41942,451,665

$8,528,25-149,944,040

?5.963,15445,288,056

$5,909,49049,168,628

Total 3 weeks. $47,745,114 $53,472,295 $51,253,210 $'5,078,113

The following table shows the exports and imports of specieat the port of New York for the week ending Feb. 24, andsince Jan. 1, 1883, and for the corresponding periods in 1882and 1881:

EXPORTS JlSD imports OF SPECIE AT HEW YORK.

eoidExports. Imports.

Week. Since Jan.l. Week. Since Jan.l.

Great Britain 9

29,h'66

8

32,865ao,783

$

4,575

9

"iso393,391

FranceCJemianyWest Indiea . . .

MexicoSouth America . . 55.491

6,300All other countries

TotiU 1883Total 188.!Total 1881

$29,5001,525,000

$63,6306,828,998115,960

$4,57540,70113,796

$456,075332. oOi;

4 722 433

Silver.

1334.13828,000

$2,066,692116,315

i',206

$

145,995177

123,803

9France

West Inl. BMexico.

38,133365,686

South AicericaAll other countries '-,400

Total 1883Total 1882Total 1881

$382,133181,563177,200

.$2,184,1431.960.7431,787.770

$2(59.97541,76751,015

$583,586•.:5.S,7l2

562.468

Of the above imports for the week in 1883, $634 wereAmerican gold coin and $146,172 American silver coin. Of theexports during the same time $29,500 were American gold coin.

State of Georgia Depository.—The Atlanta Constitutionof February 21st states that Governor Stephens on the previousday issued an order continuing the Fourth National Bank ofNew York as the fiscal agent of the State of Georgia in thesettlement of financial business in New York, in paying theprincipal and interest on the public debt. The last ression ofthe Legislature ordered the sale of $160,000 worth of UnitedStates bonds, held by the State, and received as part paymentof the purchase money of the Macon & Brunswick Railroad.With regard to this matter Governor Stephens ordered thatwhen the bonds are sold the money be placed in the Statedepository in New York, and not brought to Atlanta. Weunderstand that the bonds were sold in this city on Wednesdayfor about $180,000, and the proceeds deposited as directed.

—Mr. A. M. Townsend, the agent of the Hong Kong &Shanghai Banking Corporation, states that the proflt.8 for thehalf-year ending Dec. 31 last were about $800,000, of which thefollowing disposiiion is made : The dividend is increased from£1 10s. to £2 per share, and a bonus of 10 shillings per share inaddition is also paid. A further addition of ^150.000 is made tothe regular reserve fund, raising that fund to $2,500,000, and$100,000 is placed to a new reserve fund, to be used for the pur-pose of equalizing dividends ; $50,000 are written off premises ac-count, and $60,000 are carried forward to credit of next half-year's account. The la.st quotation for the shares ($125 paid) is

$362 50, or 190 per cent premium. It has been decided to in-

crease the capital, and accordingly the new capital will be pay-able in instalments from March to December of this year,amounting to $4,250,000.

—It is stated that the new Welles Building is so thoroughly,flre-proof that it is deemed unneces.^ary to Lave any insuranceMr. M. M. Vail calls attention in another column of the CnRONi-CLE to the offices which he has to rent in this building. Amongthe many great buildings which have been erected during thelast few years in the lower part of New York for oflice pur-poses, the Welles Building situated on Broadway and BeaverStreet, opposite Bowling Green, is conspicuous.

—Attention is called to the card of the National Paik BankSafe Deposit Vaults, which will be found in another column.The high standing of the bank under whose macagementthese vaults are conducted, gives an additional guarantee ofsafety which holders of secutities will appreciate.

—Messrs. Denslow, Easton & Herts have removed from theMills Building to 70 Exhhange Place, corner Exchange Court.

Auction Sales.—The following, seldom or never sold at theStock Exchange, were sold at auction this week by Messrs.Adiian H. MuUer & Son:

Shares.54 American Exch. N'ot. P.k.126'45 New'rk <& Uloomfle'd BU.

Co.. guar. 6 p. c. by Del.Liek. & Westeru 120>s

5 Home Ins. Co 14525 Bnioklyu Ins. C.> 17414 Star Fire JTns. Co 7020 I/ifayetteiFlre Ins. Co... 005 Eagle Fife Ins. Co 212

25 S. Y. Eiuit. Fire Idb. Co. 149

Shares.55 Hamilton Firo lus, Co 11240 Tradesmen's Fire Ins. Co. 70

100 Accessory Transit Co. for $10

Bonds.$1,000 Ohio* Miss. Ry. Co.

consdl. niort. 7 p. c. bond.duo 189S lis

$300 So. Bi-'klyn & Bergen St.KB. Co. mortg. bond, for $10

Page 17: March 3, 1883, Vol. 36, No. 923 - St. Louis Fed · 0jllinttt: xmm hunt'smerchants'magazine, ftffiprbsbntinotheindustrialandcommercialinterestsoptheunitedstates vol.36. newyork,march

MAi.cn 8, 1888.J THE CHRONICLE. 241

""^^^OITIDBNDI.

Thefotlowtiuc dlTlflond* bavo rooeatly been aunonnoed

:

Name of Oompang.

KRllroada.Atlanta A t'hiiiluston Air Moo.Eel Klvcr (.iimr.)

MISHOUrl fni'lllo oiiinr.)

Wot JiTKoy (tu acilp)

PerCent.

11\3

ir»«nPayable.

Mcb.Mcb.AprilMcb.

Book! Oloicit.

(Dai/e iticlutiM.)

Fob. 11 to

Ucb. ii3 to April 3

NEW VOllK, FniUAY. MARCU «, 1883-3 P. M.

The Money Market ami I'iiiaiicial Situation.—The money

market is working ratlior raory closely, and this is regarded in

some quarters as a good rather than a bad sign. It indicates

a better demand for money in channels of business apart from

stock speculation, and this shows an increased activity in the

movements of merchandise, which is ono of the things most

desired to improve the commercial situation.

Congress will adjourn to-morrow, and there is much hope

from present indications that a tariff and revenue bill will be

passed. At all events, the suspense will be relieved, and this

in itself will remove an incubus from the commercial world.

It may be observed in regard to the deliberations of Congress,

that it is inevitable, while an important economic measure

is pending, that it should have a prejudicial effect upon busi-

ness, and comments upon this fact should not l>e construed as

hostile and indiscriminate criticism of our national legislators.

In regard to the situation at the Stock Exchange, there has

been a decidedly stronger and more confident feeling, which,

60 far, goes to support the views heretofore expressed in this re-

port—that the causes of depression were of a temporary charac-

ter. But there is one suggestion that should be made in this

connection, and that is, that since many persons have been look-

ing forward to the 5th of March as a period when a rise was

likely to take place in thestock market, some of the heavy oper-

ators may have prepared for such a contingency. It might

happen that with a strong market next week a largo amotmt

of long stock wotild be fed out by certain distinguished opera-

tore with the natural result of causing a sharp reaction imme-

diately afterward. This suggestion may go for what it is

worth, but the transaction has occurred so frequently before

on the celebrated " spring opening " of 1883 for one recent ex-

ample—that we can hardly forbear a passing remark upon the

subject.

The money market has shown an advance in rates, as the

bank reserves have been declining for some weeks past, and

the demand for money in the country just prior to the opening

of navigation is naturally on the increase. Stock borrowers

have paid 5(gG per cent for money, and in exceptional c.ises

brokers had to pay 7, 8 or 9 for loans near the close of busi-

ness hours. Government bond dealers are not offered so much

money as they were a short time ago, and they pay how about

304 per cint. Prime commercial paper is quoted at 5J2@8

per cent.

The Bank of England weekly statement on Thursday

showed a gain of £107,000 in specie, and the percentage of

reserve to liabilities was 43, against 44 1-16 last week ; the dis-

cotmt rate was reduced to 3 per cent from 3^ per cent. The

Bank of France gained 1,800,000 franca gold and lost 1,050,000

francs silver.

The New York City Clearing-House banks in their statement

of Feb. 34 showed a decrease of $3,405,825 in their surplus

reserve, the total surplus being $1,300,000, against $3,074,835

the previous week.

The following table shows the changes from the previous

week and a comparison with the two preceding years:

Exchange.—The tendency of exchange has been towards

easier raten, and this wan helped, as to short sterling, by (be

reduction In the Bunk of England rate. There Is apparently abelter demand for stocks and bonds on foreign account. To-

day prima bankers' <SO-day/i' sterling sold at 4 81^; demand,

4 8iyi; cables, 4 84^. Continental bills were as follows, vis.

:

Francs 5 28)^0933^ and S 31^@3 30; relchsmarks, 94}i&Mfiand 94;''^@04;g ;

guilders SOJi and 40%.

In domestic bills New York exchange was quoted as follows

at the places named : Savannah buying %. selling par to }i

prem.; Charleston buying parO^dis.; selling H^^/i prem.i

New Orleans com,, [email protected] dis.; bank, 100 prem.; St. Louis, 75

dis.; Chicago, 80 dis.; Bobton, parQl.V. di».

Quotations for foreign exchange are as follows, the highesit

prices being the posted rates of leading bankers:

Xarehi.

Prime bankers' sterling bills on London.Prime coniiuurolalIiocumeniary cominerolalParlx (francs)Amsterdam (jtullders)

Fniuktort or Bremen (relohmarka)

SMii Vayt.

4 81>t«4 82>s4 80>«»4 814 80 •4 80<«.'S 23^93 21<43»\» 4091>4» 94\

Dtmmtd.

4 84 •4 8S4 S3 94 83>«4 82H94 83S2m»5l8%40 9 40i«

94<bS O314

United states Bonds.—The government bonti market has

still been kept rather unsettled by the discussions in Congress,

and the volume of business in all classes of these bonds has

been restricted.

The closing prices at the N. Y. Board have been as follows:

Intereet Feb. Feb. Feb. Feb. JTor. Mar.Period*. 21. 20. 27. 28. 1. 2.

Q.-Feb. •1035iM03!h1m03\1-103% •103% •103 »s

4>ti), 1891 rcR. U.-Mar. 112^1 ii2i>8 ir.i»8'*n2>9 •112Hi •112>«

4>«fl, 1891 ooup. y.-Mar. •1I3»8,M13»8 113H8,*113'a.**12'« •112«g

ta, 1907 reg. q.-Jan.cJ.-.Trii.

-111)38 1193R*!19a8 U9>4 xlf^s 118H8

is, 1907 coHp. 119% •11938,'n938| 119391 11938 119»»

38, option U. 8 reg. Q -Fell. •lOS's 101 >8 I01>8 '101 101 1046»,<iur'py. 1895. .reg. i. A J. •128 •128 •128 '123 •128 •12aBs.our'cy, i 806.. reg. .1. * J. '129 •129 •129 •129

sH•129

es.our'cj-, l-*i)7..reg. J. A J. •130 •130 •130 •130 •130 •130

Bs.onr'cy. 1898. .reg.

Os.our'oy. lS99..reg.J. A J. •130 |*130 •130 •130 •130 *13DJ. A J. •130 1*130 •130 •130 •130 •130

Loauanadls.BpeeleCaraalatloa...et depoati*Legal teodert.

I«gBl reserveSetieive beld.

Bnrplns. .

1883.Feb. 24

W2 1,391.000

Differ nee§ fr'mprettout Keek.

In«.t2,O38.90O58.50-1.300 I)ca 1,195.000IU.198,700

30!«.273,a0020 Qia.bJO

$77 318,80078.iJ7.80t»

$1.209.onr'

Deo. 41,3*1Deo. 1,137,300Ueo. 1,330,200

Dec. .* 359 375Dec'. 2,3;:&,20«

()ect2 4tn 82.1

1882.Feb. 25.

$325,031,00055,7.''3,80«20.0C8,7iXI

297.790,30017,260,7ui'

•74.447,67073,014.500

•.«1.43.''.07n

lij81.Feb. 26.

fl3l6,.'iSl 4005s,07 1.20010,lMl,i>00

296.517.30015.0-lS.OOO

$74.130 82573,122,200

.P 1.0 1 4 0J5

• Deflclt.

•This Is tbe price bid at tUo morning board ; no tale was made.

State and Railroad Bonds.—There have been but few

transactions in State bonds, and to-day the Ark., 78 L. E. P. B.

& N. O. issue, sold at 4.j; the Miss. Oua. & Rod River issue 45;

Virginia 6s. consol. 58.' The last-named bonds have advanced

sharply of late, on the prospect of a decision from the U. S.

Supreme Court in favor of Va. bondholders. Tennessee bonds

are unsettled by the pending or proposed legislation at Nash-

ville, and must remain unsettled till something definite is

known as to the measures which will be adopted.

Railroad bonds have not been conspicuous for activity, but

prices are generally firmer throughout most of the list. The

Texas Pacific incomes have advanced to 60@61 , on quite active

buying.

Railroad and Miscellaneous Stocks.—The stock market

has developed a perceptibly stronger tone this week, and in

various classes of stocks the feeling is better. A comparison

of the closing prices to-day with those of last Friday shows a

material gain in the prices of many of the active stocks on the

list. The time is approaching when the earnings should show

the largest gain over those of last year, aa in the period from

March 1 to August 1, before the crops of 1883 can begin to

move, the tonnage this year should largely exceed that carried

in the same months of 1883. The receipts of cotton from week

to week are now much in excess of last year, and the grain

receipts (com included) are also showing a considerable in-

crease. On the other liand, it may be well to note that there

is a good deal of stock to be disposed of by parlies who have

been carrying for a long time with the intention of selling on

the first good chance, and, aside from the supply furnished by

the few great operators, it would not be suprising if a moderate

rise in the market shotild bring out a good deal of long stock.

The Vanderbilt stocks share in the general improvement, and a

fast freight line over the Nickel-Plate road, in connection with

Del. Lack. & Western, is one of the new features reported.

The coal stocks have been stronger on the large buying of Del.

Lack. & West, and the delivery of Reading from the hands

of her receivers of 1880. The Gould stocks have shared in the

improvement, and the Wabashes have recovered from the

decline which took place on the announcement of the equip-

ment bond decision. To-day the Nortthem Pacific and the Ore-

gon-Transcontinental were the most buoyant of the list, and

advanced sharply in the last hour of business ;the general

feeling was also strong, and at the cloee stocks were, as a rule,

near the highest point of the day.

Page 18: March 3, 1883, Vol. 36, No. 923 - St. Louis Fed · 0jllinttt: xmm hunt'smerchants'magazine, ftffiprbsbntinotheindustrialandcommercialinterestsoptheunitedstates vol.36. newyork,march

242 IHE uiiilONICLE. [Vol. XXXTI.

RANGE IN PRICES AT THE N. T. STOCK EXCHANGE FOR WEEK ENDING MAR. 2, AND SINCE JAN. 1, 1883.

RAILKOADMBoston & N. V. Air- Line, met.Burlinaton Cedur ilap. & No..CanatUau PaciticCanada SontliemCedar Falls <t MlnnenotaCentral of New JerseyCentral PaniilcCheeapeake & Ohio

Dj Istprel—D» 2a prel

Ohlcatroife AltonDo pref

Oblcago Bnrllngton <ft QuinoyOlliCAgo Milwaakee A St. Panl

Do pret

UUicagOtfe NorthwesternDo pref..

OhlcaRO Ror.k Inl. & Pacitic...Chicago St. Panl Minn. * Om.

Do pre!Oleyeland Col. Cin. & InflOlevelanil & Pittsburg giiar...Columljia & Greenville, pref..ColnmliuB Chic. <fc Inrt. CentralDela'ware Lacltawaiina & WestDenver & Rio OraurteDnbnqaeft fcjionx City...East Tennessee Va. & Ga

Do pref.EvansTllle cfc Terre HanteFort Worth & Denver CityGreen Bay Winona & «t. PanlHannibal & St. J osepU

Do prefHouston & Texas Central..Uliiiois Central

Do leased line.

.

Tndlana Bloom'u & Wesit-ni ..

Lake Brie & WesternLake eitoreLong IslandLoQlsville & NashvilleLonisville New Albany A Clilt

UauhattanDt IstpretDo coT'imon

Manhattan Beach CoMemphis & ClianestonMetropolita:i ElevatedMii»tiigan CentralMilwaukee L. Sh.A Western..

Do pref.Minneapolis <& St. T/Onls

Do prel..Missouri Kansas A TexasMissouri PaoilicMobile* OhioMorris & EssexNashville Chattanooga & St. L,New York Central A Hudson .

New York ChU. A St. Louis...Do pref.

New York ElevatedNew Y'ork Lack. & Western..New York Lake Krie A West.

Do pref.New York A New KnglandNew York Now Haven-fc Hart.New York Ontario A Western.Norfolk A Western

Do pref- Northern Paciiic

Do prefObloCeutralOhio & MississippiOhio soutiieinOregon A Traus.Contineutal..Peoria Decatur & l'^vaii.svilie..

Philadelphia A ItoadincPittsburg Ft. Wayne A.Ciilc...Keusselaer .t SaratogaKlch.A Allegh., st'ck trust ctfs.Bichmond A DanvilleKichmoud A West Point..Kochester A PittainirgSt. Louis Alton A TeiTe ]{aute

Do pref.Bt. Louis A Sau Francisco

Do pref . ..

Do 1st pref.BtiPanl A Duluth

Do prefSt. Paul Miuneap. A ManitobaTexas A PacliieUnion PacihcWabash st. Louis A Pactnc ...

De pref.MISCEI>IiANEOU8.

Americuu Tel. A Cat.-le CoColorado Coal A ironDelaware A Hudson CanalMutual Union TelographNew Central CoalOntario Silver MiningOregon Improvement CoOregon Kailway A Aav. CoPftClflc MallPullman Palace t;arQnlck-ilver Mining

Do prefwe8temUnionTe:egraphButroTunnel

EXPttESS.AdamsAmericanUnited StatesWells, Fargo A Co„ COAI, AND i>IIKINU.Oonsolidation CoalHomeatake MiningLittle Pittaburg if iiiingUariposa Lanil A MiningMaryland CoalPennsylvania CoalStandard Cunsol. MiningCameron CoalCentral Arizona MiningDoadwooil Mining

"Excelsior .Mining

"Robinaon AflninKSilver Cllir Mining

"Btonnont Mining

DAILY HIGHEST AND LOWEST PRICES.

Saturday,Feb. 24.

80 80 14•80 ...

64 >i 65 34

"69»4"7i=879'e SI20=4 2II429 '8 3023=8 23=8iSOiilSl

117 11898=4 IOOI4118 118y^g^ I30<*144 12 144^4120 12146^4 4734106 10870% 70=4

120%121\43 14 44 14

8Hj 8'4ISia laia

•71 74142 142-7928

8029 Is

107 "a 109

521^'67478848«15378090=8

24=45U30 Is

98=4•15

5Jij6049884S

388592 121743^25I2

66S0\100^820

12oH 12610»4 lO^i26 20

'laO 107

'35%' 36'

174 174I 26 25

37=4 39=646'8 47 's82 14 83=6IOI4 IOI43118 32^6

8lii"82';t2OI4 20-461=8 6:i'e

'136 ...

52 521a22 2214IS'a 19»80796•29•48•sO

U999%30491290

136=8 13637 '8 38=89334 941-227 '4 28 1445 '4 47 14

64=4 04=4

iirfii ibs"•20 21•13 17

134 13540 41=^118'all8'%•8 10

•40 4381 81=)

Monday,Feb. 26.

Tuesday,Feb. 27.

Wednesday Thursday, Friday.Fob. 28. March 1. March

*80 ...68iu oSHi64=8 65=8

'69=8 '70=479'8 80=821 21•29 sola22=2 2213

130 130135117 II7I299 100

•118 118-'4129=8 131 >4

143'4 Hl=8120 120=446=4 -1714

100 i06=-•70 71 "a

139 ...

31 32=86=8 5=8

120=8 1224318 43"s•85 88•8 "aI5I4 I514

8080•8058=4 5905 14 6612 1270=4 71 'l

80 SO'^e21 21•29 14 31-221a 23 "a'131

811a S2I4•711a 75142 14 1421a80 8028 281226 '8 26=8107 14 108=4•61 6262 14 63•55 60

488848

•47•85•47•15 ....

39 39sola 80=89II4 92=t

17421a 42=fl20 25il.T .1629-'9 301897=4 99=6•15 18'ISO 12167 57=4125 Is 12s ''e

11 :i26

'10026

107

3514 3618

'17225 23 14

37>a 381a46 '8 47 "a82 821aIOI4 1014

81 "a 8220 14 20V5II4 6218

511a sm21 1^ 21 1-.

181a 19'«•66 681.,96 ilH•29 2!l=,

•4S 49•89 Oil

35 35

1371a ISSi-j37 14 38 h.

93=8 94 iR

26 >, 27 =<

44=4 4;)=4

64% 64=8

x'l'oii" i'od'alOWj 191.J13 15

135 13640 40=8

llS'allSi.j•8 10

•40 4380% 81 H,

136 135 133 1339uia 90ia 90 00•6112 J

65121

•23 30161a I6I2

60 63•120 125

•16 171a

117^8 1181299=4 lOlVi

118=4 I laial;!l 132=8144=4 145=4121141221347 48=110614108=872 73

139 ....

6ia 6^1121=4 1221a431a 44 Is

•85 8881a 81a

Ijia 161a

•SO 82•71ia 76142=4143:4

281a 20=426I4 26>a

108=810914611a 611-i52=4 64',

•4483•4417

46884617

39ia 391a-80 85

l'>4 931a17

42it 42=426 14 26 14

6729 '8

67sola

98=8 9976•l6 181221a 1221a66 14 58

125=4 126=410=6 11•241a 251a'100 107

"3'6""3'7'

17425

1742o'4

39 391a47'a 48'«82=8 83 le

10>a lOia32 32

'8i"'8"8'2=i20ia 20135216 62 '6

62 532213 22 "a

19 19=(67 "a 6897 98•29 29 "a•48 4 J•89 90

92=4 ii':

1411a 14537^8 38=493=4 9427=8 28'-;

45% 46 'e

311a 31 Hi

1061a 10719 1913 1320 20

40>a 41119 119•8 104l>a 41=481 81=4

132 13290"a 901s•61 64120 125

'25

14 14

8OI4 POI480=4 80=459 6965t: 66>8

70=8 71*180 14 8121 2330 30'23=8 25133 133

i 116=8 llS's100=8 101 "a

119=4 119=4131=8 132^!145 "a 14578121'8l22'-»47=8 If"^107 10873 73

•139346

346

121=4122=943=8 44=8•86 89

Sia 81aI6I4 151,

' 4181 811a•72 751431a 144=4

29=3 3027 2714108 14 109 Is

611a 611a63=e 64^

45 46•85 88•44 451613 16>a

801a 801a92=4 93',15 13•42 la 441525 's 26=857I4 67I4

30=8 30=499'4l00i4•15 18120 1221.J58 69

12618 120=tlOia 10=8261a 26 "s

'100 107

"36=4 37'=B76 76

17225 2514

39 39 la

47=4 48=883 831.JlOia 1133 33 14

"8'2'ii"8'3"'

21 2152=8 53I4

135 13"

52 14

2319=,

52•21 la

18=4•6799 99291a 291a481a 4sia89 89•34 38•94 95113 14438=8 39113=8 91=427 =a 28 la

46 14 471a

311a 32106=8 IO718

136 136401a 41119 'a 119=4•8 10

•42 4681-% 82%

•1.32 1339014 901-.-60 63'120 124

25 ....

•15 18

80 80

596613

591.6G'8131a

71% 721880 'a 81 ig

221* 22 14•29=4 3124% 24%

121ial31ia

117 118IOII4IO21201a I2012I32I4I33143=4 1461aI22I4I2S4319 48^8107=41081473 73

6I4 6i<

122 1237,44i« 45ij

•83 888% 8=1

151* 1514

• 4181 "a 84-72 7514414144%

291a 3OI427=4 27=4109 • 109%62 6264 647856 6646 4685 88•44 41!

•I6>a40 4(1•80 8593 14 96•loHi 1743 43•261a 26 li

57 146';i4

30=4 3199=4 OO-'h•15 18

68% 69126% 127 1911 II

•24=4 26 1^

100 107851a 86SO's 37=6

25% 251a

391a 4048I4 48%8314 83=411 in*321a 33-4

82 7e207,5278

831a21%61 'e

22% 2319 19%689329

68=699'

30481a 481a90 90•3594^8

3894 7<

1421a 143=4.S8»4 39 14

93=4 Wa2818 29 14

47 18%

32 14 32 19

106 7g 107=4•18 20-13 16

sola 8OI2

6s=4 58=405=4 6614

"7"i'i;"7i'7g

801a 811822 2230% 3124% 24%

133 133135II713II810119101=4120 1'2013-218 132=4146 143 1412214122=847=4 181a1071a 1071a721a 72 Lj

'13934 366 14 6 14

12279123=444 447,•86 909 9

16ie 15i<

311s 31%

• 41•81 84•72 76

•143=414414

29% 3OI2

108786-J

53%•3648=4•8548184280

10916264163498848184282

931a 911a

43 431a26 14 26 1457 57301a 31100 101-15 18123 12359 60

126=8 126=411 111,•25 26100 10786 8636=4 37

'172 17524=4 25

3914 41II4

43 1» 191a8314 85=6Ills 11'

11=4 11=482% 84%21 2153=4 541,133 130

11 11•511a 5322% 22%lili,

6399•29•13•89

19%63=,99304990

90=4 91 14

"4'i" "ii\119 121•8 10421a 1382% SSH

144 143 >a

38% 39 149314 0423 14 287847 1--

32 321a10678 107%

133 13390 9060 6212U 123

2B

-15 20

"id" "l'6=4

91 91

119 120-8I4 10

•42=482 14 82=4

-132 136901a OOia"60 62

•120 125

*25

-15>285

1,2001,370

356.60042,900

i'.s'o'o

j,920

"2"d6100

i',i'o'6

siii'do12

6,040075

41,445976

35,100100

2,300160300120

1,600300

35,575100

1,1001,000600

35,1128S<,173

"2'35

5,00023.0382,903260

254,278

6,15648,93539,9112,7901,300100

31,8152,865

56,14040

1851,3007,48511010010

GOO410

2,625913

"e'o'o78,688

100

200

Range Since Jan. 1, 1883.

Lowest.

141% Jan.77 Feb.27 Feb. :

26 Feb.

:

106=8 Feb. :

60 Jan.51=8 Feb. :

56 Mar.46 Feb. '

84=4 Jan.48 Feb. !

15 Feb. ;

38 Feb.80 Jan. :

Feb. :

Feb. :

4214 Feb.22', Feb.62 Feb.2914 Feb.97=4 Feb.l.i Feb.

120 Fob.65 =f Jan.I2414 Fob.10 Fob.23 Feb.

1(11 Jan.83 1.. Mar.34% Feb.75 Feb.45 la Feb.169 Jan.24=4 Mar.18 Jivn.

37 la Feb.44 7e Feb.79% Feb.9 If Feb.

29 F(>b.III Feb.79 Feb.19=P Feb.49=6 Feb.133 Jan.13111.1 Jan.10 Feb.47 Jan.21 Feb,16=4 Feb.48 Jan.90 Jan.29 la Feb.48 Feb.89 Feb.35 Fob.91 Feb.133 Feb.36=4 Jan.9114 Feb.26 la Feb.41=4 Feb.

Highest. Low. High

20 96 ij

Jan. ;

Fell. :

Jan.Jan.Jan.

13-2 Fel). 2790 Feb. 26611a Feb. 9

123 Feb. 19

7 Feb.iia Feb.

Jan. :

Feb.a Feb.Feb.

:

i Jan. :

»' - 1 wi 27

142 Fob.15 Jan.60 Jan. :

29 Jan. 'i

22 Jan.71 Jan. i

100=4 Jan. ;

34 78 J an. ]

51 78 Jan. J

100 Hi Jan. ]

4078 Jan.971-i Jan.147 14 Jan. )

43 Jan. 1

104=4 Jan. 1

36 14 .Ian. 1

67 la J an. J

135 Jan. 593 Jan. 665 la J an. 6

120 Jan. 8

sola85i»

13=488 14

601a186

•201a' Si's16

I

2444 14 6028=4 51%66=4' 100%11%' 2.'i%

1339062125

9 Jan.Jan.

Jan.Feb.

j Jan.J.an.

t Jan.

10 271a19 15%... II9... 11,

16 132 210

1631*18=411511 1462 1493%

1191a97 >9

80 1«

132

• These are the prices bid and asked; no sale was made at the Board. t Lowest price la ex-dlvldead.

Page 19: March 3, 1883, Vol. 36, No. 923 - St. Louis Fed · 0jllinttt: xmm hunt'smerchants'magazine, ftffiprbsbntinotheindustrialandcommercialinterestsoptheunitedstates vol.36. newyork,march

Maucb 8, U83.J THE CHRONICLE. 24:5

RAILROAD EARNINGS,The latent roJIrcMid eurnin^p^ and the totals from Jan. 1 to

latest dat« are K'ven Lh-Iow. The Htntenient includes tlio Kvom(>nrninp< of all railroudH from whiuli returns can be obtuinad.The colamns uudi*r tht* heading "January 1 to latost datn" far-Dish the gToas earniuKi from January 1 to, and including,the period mentionfd In the swcond column.

Roadt.

Ala.0t.8mil1i(M-tiBar.O<I.K..v NoCeatral of (i»...Central lown...Central I'lo-iili'

* OliloCIlPKHIOlllOlil.-

Olll.' AClllr ic

ClUiv \-

Clllc. >(; Ni'illnv.Cli.flt.KMIn.AOOllln. * W.MIi'liCln.IiiiI.si.l.A(

Lalfit Krmingt Reported.

yfeek or Mo

jHTiimrv...ItilwkFV-b.laiiiiary...JiiiMinry...

January.,laiiiiary. .

;t(l wk Frl>I i:<i1 wk F(*l».

Wk.bVli.'JlHil wk Feb.III Kk Feb'3d wk FobJ(l wk Feblitiiujiry

1883.

Otev.AkioTi.V 1 ol':!.! wk Fpb.Col. Hock. v.,ITDenr. A l{io<irDonT.& R.iii-.WOes Uo..<k Ft. I)

Det. Ijiii. A No.Dull. & Sioux (•

EasternB.Tonn.Va .t(ia.

Elli. (.ex. & R.SBtbhbv. & T. H.Flint A F. JIar.i.

Pt.W.A Dmivcr.Oralitl 'I'rn

Or.r;GuIHan:;Hoiiii, !: ,v \\

niliioisCoii.Do i\.

l)o Bo.

1 w k Fob.4tliwkFeb•.•<! wk Feb..''1 wk Feb.Ith wk Jau-d wk Foi».

:i wks Feb,3 wks Fob.January...:i wk« Feb:i(I wk Fi<b.

4tbwk Jai)\V I,-. Fob. 17

k Fob.. Feb.k Fob.laryarj'. .

.

'111.) .In'wni .liiii'.iary.

l)iv.|j:in»iirr. .

Ina.Bloi>iii..V \V :3cl wk FebILC.Ft.H. AGnU jil wk FebL. Erie & Wesfn M wk Feb,h. U. A Ft.Siiiitli _' wks Feb.LUk.M.Hiv ,vr. _' V, k» FobLoDK Inland iid wk Feb.Loul8T.AN!i.>»bv. ;d wk Feb,Memp. A f'liar!. Iniiuarv..Mexican Cent.. 1st wk Fob

Do No.Dlv 2 wks Feb.Mexican Nat'l.. 2d wkFcb.MIl.L.Sli.&WoBt ,td wkFeb.Missouri Failllo. <.l wk Fob.Central lirVli. M\ wk Fob,Int. A (it. No.. :td WkFeb.Mo. Kan. A V.. 3d wk Feb.Bt.L.Ir.Mt.AS 3rl wk Feb.Tex. A Paeitle. 3il wk Fob.Whole System 3d WkFeb.

Mobile A Obio.. February.NMIi.lli.A.St.1.5 .lanuary...N. V.AN. Ku^l'd lanuary...Norfolk A Worn i wk» Feb.Nortborii ("out.. January...Northern I'aoillc :td wk Feb.OhIoCenlrul ;fd wk Feb.Ohio Sonlberu 3d wk Feb.Oregon K.AN.Co January...Pennsylvania ..January...Poo. Dec. A Eve. 3d wk Feb.Phlla. A Road.. Taunary...Do C. A Irou lanuary...

Philadetp.A Kne January...Rlchni.A Danv. d wk Feb.Ch'lCol.AAus. 3d wk Feb.Colund). A Gr. M wk Feb.Va. Midland.. 3d wk Fob.West No. Car. 3il wk Feb.

St. L.Alt. A r. II 3d wk Feb.Do (brcba.) 3d n k Feb.

8t. Loid." A I 'an-u >i\ wk Fob.Bt.L.ASan Fran 3d wk Feb.8t. Paul A Dnl.. 3d wk Feb.et. P. Minn.A M. 3il wk Feb.Selotn Valley... 3dwkFeb.Tol.Cin. ASt. L J.innary...Union Pacille. . . 13 wk« Feb.Utah Central . . '.lanuary. .

.

Vieksb'rt-A .Mir. .lanii.iry...Wab.8t.I,.A I'ae 3d wk Feb.Wteeonsin t ent.hid wkFeb

t84.13140.594

311,2U(i77,301)

1.71R.O0I1214.1 1'2

153.Hi?23.22950.787

331.00032tt,fiOO

71,40021.515191,828

8,99246,212117,800

6,500ti,833

34,4ii0lf',ti5^

2I0.3,Sl23i),!>5S»

4 7,3304(i.H

40,9056.300

29.i,2497,I'.'.H

68,87244.-'4

1

24,848531.2ti2119,948407,410.Ml, 13.-.

28.2i32.-.,0»«

lf',20'<

1 3,'.ii;0

S.'i.OOS

225.225112.90627.7207.S6411,01117,515

1I3,0h<>25.47574,734

119.810118,119100,8!)(),582.124172,200197,38!-

. 258,26fi125,303409.23287,64820,79810.574

378.6001.929.357

9.453,608,77.1951,219319,720t74,6O0119,440120,293tl6.6li415.43029,4S814,2105,784

57,78917.01997,2787,252

80.002,142.00009,18151.13s

31 1,27437.099

1882,

i60,57440.135

33-'.78093.031

1,839.40:120,H,74(144,78229.15135.170

349.096332,7*178,40(128,784

218,5997,942

37,189109,10(1

Jan. 1 lo Latcit Dale.

1883.

8,55139,44729,336

1,50,615171,00'28,71044,18140,537

284,7155,621

43,11738.17118.2S6

583,261158,483272,70944.21634,88819,89018,34011,31833.264

242,412101,115

15,010106,63112.87t.47,76577,275

133,49370,281

448,324158.589170,753213,841102,466107.36867,200

5.633393,389,373.32112,207

,503.075048.391252,727158,9(0113,670115,344111,68313,61225,53813,3087,3.59

56,91613..5.50

85,6878,739

69,433;35l,00OI09,i>8947,309

276,64535.159

S84.131

332,244311.20077.309

1,718.000244,142

1,0H8,823217,470365,85'

2.2.33.0002,271,300498,000

191,82660,524

367,16(1851,70(139.5('029,316

106,6559,5,850

457,415563,20047,33003,046

310,07625,000

30'„527

230,887314,44424,848

531,262119,948407,410410,9011213,3'25208,90973,57(149,367

234,8951.8,53,775112,996173,40823,48175.6-0

112,1241,160,029182.400547.676902,858

1,046,24^828,863

4.668,071388.808197,388253,266325,790499,252660,688131,77564,836

378,6003,929,357

81,1521,608,775951,219319,720476.257126„?08129,526145.42835.185203.582115.40042.599

448,884118,44n7ti8,57359,211080,002

2,874,00099.^8191.138

1882.

HaaOlNew Tort City Baoka.—Tbn Jollowini? atat"tn«nr sbown tb«

condition of the Aaaooiated Banks of Mmw York City for th«week wndiny at the commancement of bnainfwi on I'eb. 34:

60,574425.014;i3'.:.7h6

93,0311,8:111,409201,740

1,003.5,57242,634260,015

2,498,0952,748.7,30502,100

218,5995t!,027

345,843895,600

'48,346112,83914H.886375,24042,.,60928,710

100.397289,587

46,205144,053240,11418,280

588, '.'61

15S,4S3272,703340,616206,760201.22155,95333.918

213,6391,690,071101,115

114.533892,444106.115379,783657,949875,390527,959

3,439,643318,265170,753213,841271,038407,368446,969

52,023393,389

3,373,321112,417

1,503,075918,391252,727466,028101,342114,796106.37019.677

183.813112.02548.116

439.947106.213711.63162,54269,433

3.314.000109,98947.309

1 Freight ea- iiln^-s. J All Unea Included.Coins.—The following are quotatioos in gold for varioas coins:

§pverel«n» $4 83 »!(14 87Haooleoiie 3 83 » 3 87X X Relebinarks. 4 73 9 4 77XOulldoM 3 96 '» 4 00Bpan'hl)i>,il>loons.l5 55 i»15 75Mex. I>oiibliion«..15 .50 ai5 65nnesllvor bars ..

FInejold bantDimes A >adlnio8.

lO'ua 1 11p.ar(»>4 preni99 (^ A par

Silver i4saad >a.s.

Five franoHMexican doliari)..Do uncoiutnero'i.English silver

90\» par.92 a — 9586i«a - 86''8

S5 » — ?64 73 » 4 83

Pnis. sUv. thalers. — 68 ® — 70>«U. 8. tra<Io dollars— 99^9 — Q9HU. 8. silver doUan — 99H» par

U. 8. Siib-Troasiiry.—The followini; table shows the receiptsand payments at the Sab-Treasury ii* this city, as well as thebalaaces in the same, f.T aach aar of thi pa-st week:

DaU.

Feb. 24.." 26.." 27..•' 28..

Har. 1..•• 2..

ReeeipU.

1.692.869 361,563,148 281,705.222 20

•2.168,015 96796,966 13

1,369,914 51

Paymenlt.

704,182 621,056,398 33705,332 86756,398 97

1,615.255 141,866,044 64

Baianeet.

Coin.

121.456,731 39122,038,307 57122.989.830 49123,386.605 40122,039,1.57 83122,485,401 18

Ottrr«»ey.

6.301.740 926,229,918 646,278,235 067,293,127 056,922,283 706,879,912 40

Total. ... 9,296,136 44 6.703,612 61* Inoludea $l,uoo,0O0 U, a. notes rooelved from Washlnijton.

Msw YorkManhattan Co...MdrohaniBMMhanlos'UnionAmerloaPhmnlxCityTradennan'iITultonCh«mlo«lMeroh'ntB* Kxoliaallatln Nntlon'lBatohers'&DroT.Maohanlca' A Tr.ara»nwlchLeather Man'f'raSeventh Ward . .

.

Stateof N. Yofk.Ajnerloaii UxohOomraeroeBroadwavMaroantllePaolSoEtopublloChathamPeople'sNorth America..HanoverIrvlnKUetropelltan(TltUenCNassaaMarketat. NIcholna3hoe A l.eather..Corn KTchaiine..(Tontlnental...' taDtal

''

ire'ATr..

Wall St.'NntVo'n'iNorth ItlverBut UlvorFourth .NuMonal.Central NatSecond .Natton'lS71ntli National..rirst Nutlonal..Third NHtiiinal ..

N. y. Nut. Kxch..Bowerr National'N. York County..Qerm'n Amerlo'nChase National.,i^lfth Avenne...

.

Oerraan Exch. ..

GermanlaO.S.NatLincoln Nat

OeHtoi.

2.000,0008.000,00011.000,000s.OM).oont,IMO,0008.(100,000I.OOO.hOOI.OOO.ono1,000,000fOO.CM300.0011

1.000.0001.000.000800.000aoo.OiKsoo.ooc1)00.000aiio.ooo

sccooo8,ooo,oe(/S.UOO.OM)1.000,0001,000,000423,700

1,600,000400.000iWO.OOO700.000

1.000.000aoo.ood

3,000.000«00,0<iO800.000500.000BOO.OW600,000

1,000,00c1.000,00c80O.0OC400,000

1,600,00011,000,000600.000210.000830,800

8.200.0008.000.000300.00CJSO.OOt'500.01 >(!

l.OOO.O't800.1)0025o.()00200.000751.00t'8l:0.uUO100.000soo.ooc200,000600,000800.000

lnr~

'^.3 * "^

I.l::.

« 1.

«24<l-

«.5 I

4-;i:

8,411"«M»!a»<.i.rlld.OlK21.7o:j

81I.7W.Ii7 6004HU,UU(

«,I'8'<."0I

2 804.Su<8i<>«.2U(i

824 .-00

2/11.700tl84.0iX)

887.1101'

11H.40<

223,(>m1,708.»(X

J '3.41X1

1,'SSOo,4!U,.'<0<1

211 700r»S8jS2a.itM,filH.OOi.•^64 8 b

i.ni»;.8fi4i

8'..lri0

bua.uoi8,180,0; 10

4,81S.0o0Jh6,5lhIS.O.lOM 11)11

8.5 1 '1

7::t

60N-1'

3.H-.1.20 J

2U.22>-i.e 1.

8140U2063 '

1.514 7-1(1

34.1,41)1

48.000H<MH>

1,888,50(1i)89.b0(l

tins.oor2»n.i*r.ii7 .'iK'i MJOO

I'm.ooo

ill, .>r.

ttl.iiOO

104.10024' •.(MOlia,20')lltHJOturn, 1100

712.400

oen.ioo172.00an 000181.' 0010 ,5fl.i

llW.IWie8",4itSil.llKlh:8,i.'0li

2114.0002*1,400110,001'7rt,800

i 1 5, 10(1

174000145.000s;2,u.i(i

liB.i'OOf.''4«.rp

l.l(;20.).,j

21i'.,(l>l

li' IJ, I' "519. MCB:).2r.0

4O».80U152.-^

i;a Olio

164.10<J

87. 0018a,;00

W7n.'"IC

K-"! 2i)0

9,040 300i.ivssoa8,in.'i.70l.

1V.(,«S OOOa.««s.7«n4.OV4.400soia.ooo8SI7 7jr8 8 .M*4 < 27 Ilk)

1.7(J«.«.,i<

2.6U.4nf.HB'a.STi,8 2>to.0l>.

B.TiS.OO',2OUIA11112,.->l 1 7.>il

2.4S1 3iK2,0li.l0(,a.lKWOjc8.2S2vm.8,22.'>.8a01.UBT.U.K)4 LlBOOt'

22.2S1,8,)U2.'.«14. IX,

1 .K,-4.!utr,

1..'.2 1.000(in .40C

- W.400. .LUOO'8000M.-t fi

2.01K1 iilC

2 15!>3il0488.1 I;

21I'I6 C1.830.81 '0

1 885.80)6,»;9.(iO0

1.7A1 <

4-0,0004.if00

480.000

27uiK)61,328.80}48^00

3S1JS00889,8 jC2in.o.io-90J0OOWll.lOO44 900

180,000

4S,i)D0

4IAJi0048.000.

ToUl BO.fle2.7OO 325.391.000 58J04,3O0 20.023.800 309.275.200 16.49870• 6 days only.

The deviations from returns of prevlons week are as follow* :

Ijoans and dlsoonnta Inc. 12,038,000 1 NetdepoelU Oec. tl.437.800Bpecle Dec. 1.4<)5.oao Circulation Dec. 44,3uOLMaltenderi Dec. 1,330.2001

The following are the totals for a series of weeks

:

Zjoan*. Specie, L. lendTt, DeiioHlt. OircuJatUtn. Ak. Otettr.

* * * * * t309,173.500 52.179.800 19.109.000 27H.23I.900 ia5.57.«0() I.10O.OR8, B**

1B.114.S0O 8S2.523.i-00 18.3S3.100 9J0.8a4.5«020.328,800 28'.li;.:in0 18,0» '.lOO i,ooi.rai,9i8Igjiai,-'00 290.818.100 ll.irS.lOO 828.8i5.S8e18.e84.'J00 8»l.«dJ.800 17.823.800 eStSlSMm

1883.Dec. 2.

9.•• 18." 23.•' SO.

,!<C4.201.400...*)7,14;),800

..309.174.400

..3 II.011.200

5A.in9.600S7.S58.30059.14>i.90087.627.100

Jan. 6. ..S17.419.S00•• 13.. ..817.831.200" 20.. ..S'.7.45a.'«0" 27. .8111,00,5.400

Feb. » ..3I8.4B0.8U0•• 10.. .,321.491,200- 17.. ..32 (.352,100" 24.. .323.301,000

Boston Banks.Loatu.

1883. *Oct. 18.. 148.83U.500

•• 28.. 14fl.73«,HO0•• 80.. 148.421.31)1)

Nov. ».. 14834S,100' 13.. 149,221.0110" 8«.. 149,05^.500•• 27 148.124.200

DfC. 4.. 148.l:d.0i)«l" 11.. 14S.07l'.30»•• IS.. 14M83,000•• 28.. 147,«3--l,80O

1883.Jan. 8.. U7,5S3,1C0• 8.. 14«,M2,900

eO.152.800 20.201.700 802.881.10082.4*7.800 23.OT2.900 SDT.DaO.OOOU2,a87,700 ^3,064,400 801,111'. lOO(«,113-,700 21,35 ,400 3 0.12''.:0)

61,605.200 23.030.400 :i07.1Hi,2"O62.402.'00 21.724.830 3ll.llil.4006»,t9i).300 ai.8\3.:00 S10.7r.'.70088,804300 20,033,600 30.1,315.200

—Following are the total* ofSveclt. L. TtfuUri. UtpotlU.'V I »

8.691.900 3.012.600 8!>. 149.400e.212.M00 2.9fl4.*00 f.!i.«t;.;)00

e,a"Aaoo s.'.88.7oo 90.11111.2)0

6,229JS00 8.861.100 I'S. 'W.-OO6.92i.2O0 4.0-11,400 92.l!2i.i)00

8.839,600 8.888.700 9->.S 'LinOS.fltfl.TOO 8.88J.200 91.7i«.IOO5.K4ft.<100 4.419.909 91.230.9005.831.400 4.')61.!100 9».0lli,.'V)0

5,77 sOOO 4,4m,«00 90.H .0,200

8,9:11,700 4.6W,5aO 91.IJ),8JM

17.587.800 766.S05.43717,82i!.r00 714.242.40817.1,0.200 789,795,830lB.llSj.8O0 738.081.941I8.6I5.2U0 783.749.83011.483.700 857,489.848IH.SIS.OJO 78t.48*.9t818.4»i>.700 618,397,618

the Boi4ion bankf.Olrcufotton. Agg.J. Uar,

Fab,

152S.89..8..18..19..88..

I49.4':3.6h015').2i)7,liOO

180,817,400151.0:^,800150,821. HOOl!.l.btl.000130.154.200

8.!l«i.9008.214.7008352. lOUn.lSMOl)7,051.9007,423,«000.611.8008.958.3004.814.900

6.SS3,tOO8,799.9006.804.300R.I313008,31t.»008.26.3.9004.883.8008.94>.70li

3.9IV.200

92.7».'.S00U.1,I<84.S«094.047,1009 ,3 0.9,11)

|i4,4i.7,.>l00

94 8811.70093.H1'0.*093.4 1 1.90068.019.b00

30.134.00030.1142.300Hii.n.4..50'l

m2.->-..^oo2J.yrtO.40021.981.600.30.(07. 0030.18 •.' 0030.li7.-0030.181.0030.022.280

80. 04.000ao.i«9.«oo29390.200S'l.818.8002y.ii3.VOO2«.7ft''.B0029.U1I.91029.x67.JiKi

29.986.(00

75.3ee.6U78.466.871a8.SS7.MS88.8E8.6M7I.«9L<34S7^5S7.•SS71.7t7,t3S73.919iiBda,I8S.ia«7I.I!2'1.I6B

07.821.81«

&7.7I«.«888.1,17):JWT72.187.48871.893371IM3S7.94168.968.17S7U.f8»,«7777..'42J»7460.781.96S

'Including; the Item " due toother banks."

Philadelphia Banks. --The totals of the PhiUde.ohia banksare as follows:

1883.Oct. 8

•• 8" 16'• 88'• 30

Nov. 6•• IS•• SO" 87

Dec. 4•' 11" IB" as1SB3.

Jan. 1" B" IS" M" 89

Feb. S•• 18" 19" W

Loan$,*

78,Ue>l37»,MKiM8r7.7S«.S0«7ti.9W.70078.789.08475.19S.aH87B.<00,e7878.693,18774.9116.86674.070.68378.877.188'I3.V86.19678,444317

71.966.7S478.883.89878.744.78473.74737674.81^08774.78037376348.721753116.1097S.44*.«ee

An.Ott^.

1S.01137SIW.>rM,4641931334S80,01.3,96319.U10.8a20.189.7I019.417.440lH,I0n.3Sl1H372.IM

Page 20: March 3, 1883, Vol. 36, No. 923 - St. Louis Fed · 0jllinttt: xmm hunt'smerchants'magazine, ftffiprbsbntinotheindustrialandcommercialinterestsoptheunitedstates vol.36. newyork,march

244 THE CHRONICLE, [Vol. JtXXVi.

GENERAL QUOTATIONS OF STOCKS AND BONDS.Qaotatlons In Vovf York repraaant the par cent valiio, wUatevor tli9 par may be

;other quotations are froqaeatly maSe par share.

The following abbreviations are often used, viz "M.,"for raortsago; "g.," for gold; " g'd," for guaranteed; "end.," foreniioraed; "

foroonsoUdated; "oonv.," for convertible; "a. f.,"for elnliingfund; "l.g., for land grant.

Qnotations In New York are to Thursday ; from other cities, to late maU dates.

Snbacrlber* -wrlll confer a favor by glvtns notice of any error discovered In tUe»e Qootatlonn.

United States Bonds.

ITNITEn STATES BONDS,68.188],continuedat3ia.reg...Q—

/

4i«8, 1891 ™S--Q—j!4188,1891 coup-.Q—

M

48, 1907 reg...Q-.l48, 1907 coup.. .Q—

J

38. option U. 8 reg..Q.-F.68, Currency, 1895 reg....J*.!

6s, Currency, 18D6 rog....Ji»J

6s, Currency, 1897 rog.....T&J

6b, Currency, 1898 reg....J&J68, Currency, 1899 rcK J&JSTATE SECDKITIES.

Alabama—Class "A," 3to5, 1906...do small

Class "B," 58, 1906Class "C," 4s, 190668, 10-20, 1900 J & J

Arkansas—6s, funded, 1899 ..J & J

78, L. R.&Ft. 8. Issue, 1900.A & O7e, Memphis*; L.R., 1899. .A * O76, L. R. P. B. & N. O., 1900. .A & O78, Miss. O. & R. Riv., 1900. .A & O78, Ark. Central RK., 1900.A & O78, Levee of 1871,1900 J &J

California—Cs, civil bonds, '93-95.*

Connecticut—68, 1884-5Delaware—6s J&J^DlBt. Col.—Cons. .3-658,1924, cp.F&AConsol. 3-658, 1924, resFunding 53, 1899 J&JPerm. imp. 68, guar., 1891...J(SiJlPerm. Imp. 7s, 1891 JifcJt

Wash.—Fund.loan(Cong.)68,g.,'92tFimd. loan(Leg.)6s,R.. 1902 Varl

Market stock, 7s, li92Water stock, 7s, 1901..

do 78, 1903..Florida—Consol. gold 68 J & JGeorgia—6s, 1886 Fife A7s, new bond8,1886 J & J78, endorsed, 188678, gold bonds, 1890 Qr-J88,^76, '86 AiO

Kansas—78, long JAJLouisiana—New cou. 7s, 1914..J<fcJEx matured coupon

Maine—46, 1888 FJtAWar debts assumed, 6s,'89.A(i OlWar loan, 68, Mar. 1. 1883.. .M&8

Maryland—6s, defense, 1883.. J&J68, exempt, 1887 J&J68, Hospital, 1882-87 J&J68, 1890 Q—

J

58, 188O-'90 Q—

J

Massachusetts-58, July, 1S83.J&J I

58, gold, 1890 A&O58, gold, 1894.1895 Var.l68, g., BtevUng, 1891 J&J Jdo do 1894 M&Nldo do 1888 A&O;

Michigan—76. 1890 M&.NMinnesota—New 4iss J & JMissouri—68, 1886 J & JFunding bonds, 1894-95 J & Jl.ong bonds, '89-90 J&JAiylum or University. 1892.J & JHannibal & St. Jo., 1880. .. .J & J

do do 1887....J & JN. Hampshire—5s, 1892 J&JWar loan, Gs, 1892-1894 J&JIWurlo.an,6s, 1901- 1903 J&JWarloim, 68 1884 M&S

New Jersey—C.s, 1897-1902....J&J68, exempt, 1896 J&J

New York—08, gold, rcg., '87. ..J&J6s. cold, conn., 1887 J & JOr gold,1891 J&JCs, gold, 1892 A&O68, gold, 1893 A&O

No.r;iroliua—6s, old, 188»-'98..J&J68. old A&O68, NC. RR., 1883-5 J & J68, do A&O08 do 7 counons oir J&J6a do 7 coupons oft' A&O68, Funding act of ISOf 1900 J&J68, do 18U8,1898A&066, new bonds, 1892-8 J&J68 do A &06a, Chivtham RR A&OOs, special tux, class l,1898-9A&i,)68, do class 2 A&O6s. do W'nN. C. RR.A&O4a, new, cora., 1910 J & J48, new, small

Ohlo6B,1886 J & JPenna.—5s, new, reg., •92-1902.F&A

6a, 15-25, reg., lS«2-'92 F& A48, leg., 1892-19014b, reg., 1912 F& A

Rhode Isl'd-tJs, 1893-9, coup..J&J

Bid. Ask.

103%11212II21411818119%104128129139130130

82%8.5

IOOI483105!03535

112%xl2%11838II9I410418

35171s6

106102101108 1410314

II411!118II4I2

118130130lO.J

104106 12

106 Hi

114105

7364I2102II3I110010236110V£106107loo100108U5

114100107118111114108108112120127103

South C;u-olln,i—6s, Act of March !

23, 1869. Non-fuudable, 18S8.. i

Brown consolsTennessee—68, old, 1890-98 ..J & J6s, new bonds, 18921900 ..J & J68. now series, 1914 J & JCompromise bonds, 3-1 5-6j, 1912

Texas-6«, 1892 M&SI7b, gold, 1892-1910 M&SI7«, gold, 1904 J&JI

Vermont—6s, 1890 J & r>Virginia—68, old, 1886-'95....J & J68, new bonds, 1886-1895...J & J6s, consol., 1905 J A J68, conaola, 1905. ex-ooup J&J6s, oonsol., 2d series J&J

84

City Securities.

109>4109 14

12212

110

109

74

103114IOOI410258111111112105100 14

110llSis

Bid.

43

110125100103100105999910110310311011010.)

107110101%lOlUs

301230 13

155155130l:tO

10101515.5

51°51-j

5 la

78%77lOS117

1211281031s

32I3

321s

780

USis

110%

7

101

41120

115

111021s108114114115120125

1131s 114124 12512fiia 128101 102%loeviog

Virginia— (Continued)-6s, deferred bonds10-408, newTax-receivable coupons

CIT'K SECURITIES.Albany, N. Y.—6s, long. . . . VarlousI7s long r

Allegheny, Pa.—53, cp., '83-97. .Var.4 "ts, coup.. 1 883-1901 .'Var.

4s. coup., 1901 Var.AUegliony Co., 58, cp., 1913. .J&J4s, riot loan, n-lOs..4s, do 10-208Ss, do 5-103.,

58, do 10-20aAtlanta, G a.—7sDo. 88 ,

WaterworksAugusta, Me.—68, 1887, mun..F&AtAugusta. G.-v—78 VariousAustin, Texas-10sBaltimore—6s, City Hall, 1884 O—

J

63, Pitts. & Con'v. EB.,1880. . J&J6a, consol., 1890 Q—J 113%68, Balt.& O. loan, 1890 Q-^ 113%6s, Park, 1890 Q-M;113%6s, bounty, 1893 M&Slllo63, do exompt,1893...M&S|1135s, wat«r, 1894 J&J6s, 1900 J&J63, West. Md. RR., 1902 .... J,S^J

5s, consol, 1885 Q^I63, Valley KB., 1886 A&O5s, 1916 M&N4s, 1920 J&J

Bangor. Mo.—6s. BR..1890-'94.Var.i68, water, 1905 J&Jt63, K.& N.A. Railroad, 1894. .J&Jt63. B. A Piscataquis RR.,'99.A&01

Bath, Mo.—Gs, railroad aid Varl5a, 1897, municipal

Belfast, Me.—63, railroad aid, '98..*

Bo3ton,Ma.ss.—8s,our,long,1905Vari6a, currency, 1894 Var.53, gold, long Var.l4is3, 1903 A&O48, currency, long J&J

Brooklyn, N.Y.—78, short J&J78, Park, long J&J78, Water, long J&J78, Bridge, long J&J6a, Water, long J&J6a, Park, long J&J6s, Bridge, l»ng5a. Bridge, longKings Co. 7s, 1832-'39 MAN

do 6s, 1882-'86 M&NBufl.alo, N. Y.—78, 1895 Var.78, water, long Var.l68, Park, 1926 M&Sl

Cambridge, Mass.—5s, 1839. ..A&OI6s, 1894-96. water loan J&JI68, 1904, city bonds J&J

Charleston, S.C.—Os, 8fk,'76-98..Q-J78, Are loan bonds, 1890....J & J7s, non-tax bonds4s. non-taxable...

Chelsea. Mass.—6s, '97,watorI.FAAtChicago, 111^73, 1892-99

6s, 18954i«8, 19003-U5<', 1903Cook Co. 7s, 1892Cook Co. 5b, 1899Cook Co. 4ii8, 1900 llOSisWest Chicago .5s. 1S90 10312

106II2I3103

1443

105105

106100100lOlis104112115

106

122110110122112114102 ifl

1031031231:1llOH111)IO5I8103140137140120130126112102101110116107106120I27I3783010778121118110106%100118108

1231aHI112123113116103101IO3I31301221191a112106103145140149

135130117114110

107121128

123

City SEonuiTiES.

Lincoln Park 7s, 1895West Park 78. 1390South Park 6s, 1399

Cincinnati, O.—GSilong.. Var.iGs. abort— .. Var.t7-308.1902 1

4.S J&JSoutberu KR. 7-30s. 1900.. .J&J

do 6s, g.. 1902 M&NIdo Cur. 6a, 1999....F&Atdo Skg. fd. 5.a, 1910.M&5)t

Cleveland, O.—Gs. long VariousI78, shoit Var,53, long Var.4s long Var.

Columbus, Ga.—73 Var.Covington. Ky.—7-30s, long I

7-30S, abortWater Worka

Dallas, Texas—8a, 1901.. .

lOs, 1883-91!Water, Oa. 13 10

Detroit, Micii.—T«, long Var.t7s, water, lou;; .Var.l

Elizabeth, N. J.—7s, :<'iort

78, funded. HSi ^. I '0.", V.'i

78, consul., Itji,-.IS ' v&O78,1905

Fall River, Ma3<.—6.^, li)i)i fsi. \\5a, 1894, gold V. F& i I

Fitchburs. Maaa.—6s. '91,\V.L JAJtQalveatou, Tex.—88,1893-1909"-M&S.58,1920 j,fei,Galvost'n County, Gs, 1902 M&N

Hartford, Ct.—City 63, var. dates. .1

Capitol, untax, 68... 1

Hartford Town 4133, untax IHou.ston,Tox.—IO3 ,,6a, funded

Haverhill, Mass.—6s, '85-8'J'.'.'A&6tIndianapolis.Inii.—7-30s,'93-99J&.ll

130102130131119110

IO714102 j

Bid.

lomlOfJia

114107

130 Is

105130's

1021031151alom10597131101144543434<1201031411311093

1001251013030lot113

110116lO-ia1101021a

11747474747121110U4110102

107127106404010?117

Jersey City—63, water, long, 1895..7s, water. 1899-1902 J A J7s, improvement, 1891-'a4 Var.78, Bergen, long J A JHudson Couuty, 6s A&O

do 7S.M&S auAJeVDBayonneClty, 7s. long JAJ

Lawrence, Mass.—6a, 1894. ..A& Ol6s, 1900 A&O

Long Island City, N.Y—Watcr,7a,'9oLouisville. Ky.—78, long dates. Var.l78, sliiirt dates Var.t63, long Var. I

6s, short Var. I

53,18901900 M&NLowell, Mass.—68,1890, W. L.M&NILynchburg, Va.—68 J & J8s JAJ

Lynn, Ma.ss.—6a, 1887 FAAIWater loan, 6a, 1894-96 J&J5s, 1905 M&Nt

Macou, Qa.—78Manchester, N.H.—58, 1883-'85J&J

6s, 1894 J&JI63, 1902 J&J43, 1911

Memphis, Tenn.—63, C J&J63, A AB J&J6s, gold, fund., 1900 M&N6s, end., M. A C. RR6s, conaola JAJ

Milwaukee, Wia.—5s, 1891.. .J & DlVa, 1896-1901 Var.t78, water, 1902 J&.It

Mobile, Ala.—3-4-58. funded..M&NMontgomery, Ala.—New 33 . .J A J

5s, nowNashville, Tenn.-6s, old

63, nowNewark—6s, long Var.l

7s, long Var.l7s, water, long Var.l

New Bedford,M'ass.—6s, 1909. A&OI58. 1900, Water Loan A.&O

N. Brunswick, ^. J.—78, various...!68 t

New Orleans, L.a.— Premium bonds.Consolidated 63, 1892 Var.

Newport-Water bonds 7-308New York City— 78, short78, long63. short6s, long6s, gold (consolidated), 1396-19Q158, long48, long

Newton—6s, 1905, water loan..J&J5s, 1905, water loan JAJ

Norfolk.Va.-6s.reg.stk,'78-83..J&J88, coup., 1890-93 Var.8s, water, 1901 M&N

Norwich, Ct.-Sa, 1907 AAOt78, 1905 J.AJ

Orange, N. J.—Tp, lo ig '

Oswego.N. y.—79, 1837-8-9 1

Paterson, N. J.—78, long Vai6s. long5s, loug

Petersburg, Va.—Os J&l88 J&J8s, special tax

Philadelphia, Pa.—58, rog J&J*Gs, old, rog J&J63, uew,reg.,dua 1893 &over.JAJ4s, now

Pittsburg, Pa.—43, coup.,1913. .J&J.53, reg. and coup., 1913 JAJ.63, gold, rog Var.7s, water reg.Acp.,'93-'98...A&0.7a, street imp., reg, '83-36— Var.

Portland, Me.—6s, Mun., 1895. Var.tGs, railroad aid, 1 907 MAS

Portsmouth , N. H.—6s, '93, RU. JAJ I

Poughkeopsie. N. Y.—78, water '

p-.-ovidence, R.I.—53,g.,1900-5.JAJ <

(i, gold, 1900, water loan... J A JOS. 1835 M A SI

Richmond, Va.—63 J&J83 J & Jgo

aociiesVeiVN.Y.—(>s'.".'. .'.'.'. Var.

78, water. 1903 J A JtRockland, Me.—Gs, '89-99,RR..FAA3t. Joseph, Mo.—Comp'mise 48, 19018t. Louis, Mo.—7s, 1883 F&A63. short Var.6s, long Var.

5a, long Var.58.10-20 Var.

St. L. Co.—68, gold, 1905 A&OCurrency, 7s. 1887-'88....Var..

3t. P.aul, Minn.—68, long78, long -...•

8s. 188996 Var.3alem, Mass.—68, long, W. L.A&OI.

5.3, 1901, W. L r&.M1. Francisco- 78, g., 1888-95. .Var.*6s, gold, long

Savannah funded 58. oousnla3omervilie, Mass.—58, 1895..A&O I

68, 1885 J&JI61*3,1884 A&OI

<pringfield, Mass.—6s, 1905. .A&OI78, 1903, water loan A&O I

Toledo, O.-7-30S, KR.,1900.M& Nl8s Var.t68, 1393 to '99 Var.t

VasUington, D.C.—See Dlst. of Col.

10411210710610510009119122

100114110107106107110120121

11610610910110511410312510512011490100 Is

1171s121103333330554393112125516070

Ask.

120109111105106II4I3105

107122115

1021181231031a

117

5765

11311812012811310010082901141s1001331001001201051001291151031161311131a

il.V102121114107101110117

1141231231301151091028098113114140109110130110105130117

1331081s95105110

103116120Ill's120II5I3

iim1331011061349976101106114107105%117103103110116121113101

82113103101127133

1321a115

i'20'"

115103

131

100107117125108lis122Lloia

116

1131a

101

991aSO

107116

106 la

126115

84115103103129137

t Purohiuer aUo pays accrued Inteneat, t lu Lciidoa.

Page 21: March 3, 1883, Vol. 36, No. 923 - St. Louis Fed · 0jllinttt: xmm hunt'smerchants'magazine, ftffiprbsbntinotheindustrialandcommercialinterestsoptheunitedstates vol.36. newyork,march

hUnon 8, 18' 8.J THE CHRONICLE. 245

GEN^KllAL QUOTATIONS OF STOCKS AND BONDS—CoNTiifOBD.For Brplmoatlona S«« Note* at Head of Pint Pace of Qaotatloaa.

Railroad Bonds.

WUmlnffton, N.C.—0«aa. K'li'l, <'»u. on

Wori'i>atcr, Mass.—68, 1802. ..AAOSs. 190ft AAO4«, 1008 A&O

Tsnkors. N. Y.—Water. 1903 ...

.

Bid.

0.^

1U1lllO>a113101

R.%ILROAI> nOND^.4.1».C«lit.-l»t M., t)9, iyiH....J*.Iluooino llH, 101 S .lAJ

Al». Ot. SdiitlHTii— l8t iiiort.. 1008Aib'y ic Su«(i.-l8t M., 78, '8a..JAJ

2il iiuHWiKi'. 7a, 18815 AAOConmil. niort.,78, lOOfi.iniar.AAO

AUcKliiiny ('out.—l8t>[., 6s, 1922IncoirioM, 1912

AJloKh. Viil.—(Ion. M.,73-10a...T&JEiwt. oxlim. M., 78, 1010... .AAOIiicoiuo, 78, eml., 1891 AAO

Atoh'n A Nol).— l8t,78, 1907.. MASAtoll. Top.A S. P.— Ist, 78, «. ,'99.JAJLunil grant, 7«. K.. 1902 AAOBliikiiiK fund, 0.S, 1011 JAUGuuraDKHVl 7m, 1909 . JAJAAAO68, lOO'.l (l8t mort.)C8, pluln bonds, 1920*>«.<(. i!i;:o AAOFlort'uco A El Dor'do, lst.78.AAOK.C.'rojiekaAW., Ist M.,7fl.K.J.t.)

au Income 7«.AAON.Mfix.A'lo.Piio.,l9t,78.1909 AAOPloiw't IlillADoSoto. I.st.7«,l!l07Puuh'.o A Ark. v., Ist, 78, s.,l90:i.Sonoia. I8t, 78. 1910, guar.. JAJW(cliltiiAS.\V.,lat,78,K.,gua..l902

Atlanta A CliaiiottB Air L.— l8t,78Introiuc. 68

Atlantic A I'ac -Ist «8, 1910..JAJlnooiB08, 1910 JAJ

Boltlmoro A Ohio -68, 1885..AACSterling, 58, 1927 J.tDBtorlin*?, 68, 1895 MASBtarling mort., 68, g., 1902. .MAS

do 68, g., 1910. MANParkersborg Br., 68, 1919. ..AAO

Bait. A Pot'c—l3t, 68, g., 1911.JAJl8t, tunnel, 68, g.,gM, 1911.AAO

BelvlderoDcl.—l8t,6s,c.,1902.JAI)2dmoit., 68, 1885 MAif8d mort., 68, 1887 FAA

Boston A Albany—78, 1892...FAA68,1805 JAJ

B08t.Clint.AF —Ist M..,68, '84,JAJIst M., 78. 1989-90 JAJB. C. F. A N. B., 58, 1910 ...JAJN. Bctltord RR., 78. 1894.. ..JAJEquipment, 6s, 1885 FAAFramiKhainA Ixiwcll-l8t,53, '91

Host. Cone.A Moil.—S.F.,63,'89.JAJCoBSol. mort., 78, 1393 AAO

B08t. Hart.A E.—1st, 7s, 1900.JAJIst mort., 7s, gaar. JAJ

Boston A Ixjwoil— 78, '92 AAO68, 1896 JAJNew 5a, 1890 JAJ

Boetou A Maine-Ts, 1803-94. JAJBost. A Providenco—78,18UI3.J&JBoat.A Revere B'li—l8t,68.'97.JAJBradford Bord. A K.— Ist, 69, 1932Bradf.Eld.ACuba—l3t.6i.lO,i2JAJBklynB^itliAC.I.-li't.ea. 1912.FAABrooklvn Elevated—BondsBuff. Bnwl.A P.—tien.M.78,'90.JAJButr.N.Y.AErie-lst. 78. 1916.JA1)Bnff.S.Y.A Phil.—l8t, 68,g.,'9e.JAJ2d mortfrago. 7e, g

Buff. PiiUsb. A We.'it.- fis, injlAAOPitts. Tituav.A B.—78,1 890. .FAAOil Creek, l8tM.,68, 1912...AAOUnion A Titusv., 1st, 79.1800.JAJWarren A IVkln. 1st, 7a.'96.FAA

BuffA.'Jouthwest.-6a, 1008.. J.AJBnr. C. U.A N.—lst.5«,now.'O0.JAli

C. Rap.I.F.A N.,l9t,68.1!120.AAOCairo A St. Louis— Ist mortOalUor. Pac.—Ist .M., 78, g.,'S9.JAJ2d M.. 68, g.,en(l C. Pac., '89.JAJ3d M. (guar. C. P.), Os, 1903.JAJdo do 38, 1005.JAJ

CallfornlaSo.- 1st, fis. l92i...JAJCamden <s .Vtl.— lat,78, g.,'93..JAJ2d mirt., bs. Iii04 AAO

Cam.A Bur. Co.—1st M., 6s,'97.FAAOanada So.—Ist M..giiar.,1908,JAJCarolinuCeut.—l8t,69,g.,1920.JAJ

do iuconieaCatawlssa-Mort., 7.9, 1900.. .FAAOedar F. AMin.—Ist, 78, 1007.JAJOedar R. A Mo.—Ist, 78, '91. ..FAAlet mort., 78, 1916 MAN

Cent. Br. U. Pac, lata, 6s, '93. MANFund, enujion 79, 1895 MANAtcb.A Pike'a P'k, 1st. 68, g. MAN

Cent, or Ga.—l8t.oon8.,78,'93.JAJCerlitlcate^of lndebteJae89. 6s..

Cent. lowiv—New Ist., 79 , '99.JAJInc. bonds," debt certs.", 78,AAO

Central of N. J.—1st M.,7a,'90.FAA78, conv, 1002. a.9.9ented MANConsol. M..79,189!), assented.Q—

J

A^uatment bonda, 1903Income bonda, 1008 MANAm. Uk.A Imp. Co., .'>8,19:il.JAJI>eh.A Wllke9b.Coal,lno.,'88,MANCon9ol.,79,«old,1000,aaa'd.Q-M

Cent. Ohio— lat M.. 69, 1800.. MASCent. Pacillc—l9t,69.g.,'95-98.JAJ8t«te Aid, 79, g., ISSl J»tJ8. Jo.V]iiln, l8t M.,68, g. 1 900.AACCal. A Oregon, l8t,03. g.,'SS.JAJCal.A Or. C.P.bonds, 63.g.,'92 J,tJLand grant M., 6a. g., H90. AAOWear, t'nelf.. tat. fia. l'.. '99 JA.I

95

tlOO111l.)6

;i20

122>« 124 >»

12045 4,H

ni9\ 1201120 ISO'sIll2»a !1J100

I1I1>« 112ta.jifl 06fS5 86180 H-)ifl

H()5% 106tll7>t 118tl05 106ill2is 113tioo 10711121a 113I0314 uriAt

110.5 10610.5

75ifl

17101%;ios;li5mo114:ii6tll4120lot105%)122\1110tlOl11121a109

tl'22tl03I 90Uuaflu's

Ask.

107117115106

10070111

128100

04

103110117121124nils118116121 <s

fll9illOisnoilstl23112:1131113

12:1

118102115110124

9310711*50

30100

0738

9iH10404111

lOOij

il04tlOO»104665-t

119102

llOHUlij10512412411485

44

0708

03^

Railroad Bonds. Bid.

116>«

i'l'ii"

115

Cbarl'te Col.4A.-Coiis.,78,'09.JAJ lOS2d mort., 78, 1910 JAJ 102fli

ClieruwADart.—l8tM.,88,'8S.AAO 1102dmort., 78 103

Ches. AOhIn— Pnr. money fd.,t 808Soiios A, 1003 10569, gold, aerloa B, Int. def. 1009 . . 90ikOs, currency, int. duforrud. 1018. Omj68. 1911 AAO

Chesblre-Os, lSi)(i-'.>8 .I4J 1 1 10Ohio. A Alton-lat M., 7i, '03..J.tJI 118Sterllni; mort., 6a. g., 1903..JAJIt 117Bda. Kan.C. llne,lla,g..l903.MANMiaa.Uiv.Ilrldgo, l9t..8.f.,69,1012Louis'aA Mo.R., l»t.78,1000FAA

do 2d, 78, 1000 MAN8t.I..Jack8'v.AC.,l8t,7«,'04.AAO

do lat KU8r.('i61).79,'94AAOdo '2d M. (360), 79, '99.JAJdo 2d guur.( 183) 78,'93.JAJ

Cliloazo A Atlnntlo— Ist mort 97Chic. n.A Ci.-Coii8ol.,7«, 1903 JAJ 125 1»

Bonds. 58, 1893 JAU '101.Is. 1001 AAO 10358, 1919, Iowa DlT AAO 10049.1019, do AAO 87i«

49, l>euvor Div., 1022 82ia48, plain bonds, 1921 79Bur. A Mo. R., I'd M., 78.'03.AAO 1 115%

do Conv. 88.'94 ser.JAJ I

Bur.AMo.(Neb.), l8t,6a,1918.JAJ '113do Cona. 03,uon-ex..JAJ tlOldo 4a, (Neb.), 1910..JA.II t81do Nob. RI{,l8t,78,AAO I HIdo Om.AS.W.,l8t,88.JAo;t 121 "s

ni. Grand Tr.. lat, Ss. 90...AAO| 112'sDixon Poo.A II., lat, 83,1989.JAJ,tin

Ask.

103

11410701 1«

52100llOi«

no114

110

1260910114

Ott. Oaw. A Fox R., 88, 1000.JAJ;ulncyA Wars'w, lat, Ss, '00.JA.IQu

!hio.

Clile. C. Dub A Minn.—78, 1910 JAJChic. A Eaat 111.— lat mort. 69, 1007Income bond<. 1907

Chic. A Or. Trnnk-lstmort., 1900Chio. A lowiv—2d M., 83,1901..TAJChic. I'a A Neb.—2d M., 58, 1883Clilc.A Mich. L.Sh.—l8t,8s,'89.MASChic. Mil. A St. Paul—P. du C. Div.. lat, 88, 1898. FAAP. D., 2d M., 7 3 lOs, 1898. .FAASt. P. A Chio., 7s, g., 1902....JAJMil. A St. P..2d»r,78, 1884.AAOT.A. C, lat M., 78,1993 JAJI. A M^ l8tM.,7a, 1897 .lAJI'a. A Dak., Ist M.. 78, 1890.JAJHast. A Dak., Ist M.,78, 1010. JA.IChic. A Mil., 1st M.,78, 1903.JAJIst mort., consol.. 7s, 100.5. JAJ1st M., I. A D. Ext., 78, lOOSJAJIst M.,69, S'thwest DIV.1909JAJ1st M., 53. La C. A Dav.l9i»JA.ISo. Minn. 1st 69. 1910 JAJChic. A Pac. Div. Oa, 1910

do West. Div., 58,1921.JAJMineral Pt. Div.. Sa, 1910...JAJChic. A L. Sup. Div.. 58, 1921...;Wis. A Minn. Div., 5j. 192 1.. .JAJ

Chic.AN.W.—8ink.f.,lst,7g,'85FAAInterest mort., 73, 1833 ....MANConaol. mort., 78, 1915 Q—

F

Esten. mort., 78, 1885 FAAIstmort., 7s, 1883 PA.V

1123lll.'iis

261103%

8099100

I loo-ms130120I312r10314113no's120117123

121103 "4

001031a109%91%91

lOO'f

91%00

106105107

601-20

110

1110) 1221a100969911392 <a

1131a110i«no105%

837510011111313

1101031*1071041a111

961s100

II4I3111122%

1141s9510960

llOag

83901s

112nsog

114

ibj"

i'ii

I Ctonaol., gold, 78, cp., 1902..JADdo do reg

Sinking fund, Oa, 1929 AAOdo .58,1929 AAO

Eacan.AL Sap., l3t, 8s, 1901.JAJDei M.AMinn'3,l9t.7a,1907.FAAIowa Mid., lat M., 89, 1000.AAOPeninsula, lat, ooav.,7a,'9S.MA8Chic. A Mil., lat .M., 78, '98..JAJMil. A Mai., lat, Oa, 1905.. M.AS.

Chic.R. I.APac—63, 19l7,ooup.JAJ6s, 1917, rog JAJCliic.A3.W..l9t,79,guar.,".)9.MAN

Chic. St. L.A N.O.—Ist oon. 1897,7e2d mort 09,1007 .TADTen. lien, 79. 1897 MAN59,1951, goldMiss. Cou., I9t M.,78,'74-81..«AN

do 2d mort., 83N.O.Jack.A Gt. N..l3t.,98.'86.JAJ

do 2(1 >I..88,00,0tf8.AAOdo 2d mort. debt AAO

Chio.8t.P.Min.AOm.—Con. 6.3, 1930Ch.St.P.A .Minn. lat.0«,1918.5I.t VLand grant, inc., 69, 18982^aN

North Wiac%, lat lia, 1930. ...JAJSt. PaulAI.City, l3C69,19ig.AAO

Chio. A Tomah.—Scrip, 1»03Olu. A Eastern— lat, 78, 18962d mort., 7a, 1900Con.iol., gold. 6a. 1912

Cln. Ham. A D.iyt-- 2d, 7s, '83 JAJCouaol. mort., 79, 1905 AAO

do 63, 1905. AAOCln. H. A L, lat M., 79, 1903.JA,l

Cln. I. St. L. A CUlc—Con. 63, 1920Cin.A Indiana, lat M.,78.'02.JAI)

do 2d M.. 78,'82-87.JA.lIndiauapolis C. A L., 78of '97. . .

Ind'apolla A Cln., l8t,78,'83.AAOCln. Lar.ACh— Ist, 79,g..1901.MA.SCln. Rich. A Chio.—lat, 79, '03.JAJCln. Rich. A F. W.-l9t, 7s, g. ..JAl)Cln. Sand'ky A CI.—Os, 1900..FAA78, 1887 extended MA!<Cocsol. mort., 79, 1890 JAD

Cln.ASp.-7a,C.C.C.AI.,l901.AAO7s, guar., L.8.A M.S., 1901.. A.tO

Clev. Col. C. A I.— l9t, 7a, '99.MANConsol. mort.. 73, 1914 JADBollot. A Ind. M.. 79. 18!l'.t....TAI

10510339131101%105123I2II4inlom

130'!120120

i'23"

113110113102%100104

j

10714113106lOSial113

8381116

I13I3lomj8II4Ill's1241131s11312311735104go's

102

IOOI4113 's

RAtLSOAD BOKD*. Bid. A<k.

0576 >•

lio^

103120

113

i'2i'

no100 "4

"92

9^4

101132105

125IIII3IOII4

133

12.j

111

12iiai

103%

103 14

113

103llOistill

IO2I9n33I no1100n02moU'371111106 la

11211091a1103110114I 1011103

120121 If

113

115100100901031a125111110103113108

1071s!115

j

i'i6'"l

I0l%!103lOJls

1001112{1181117»ll7ie

Oler. A Pitt*.—4th M., On, I8g2.JAJ 100Consol. 8. v., 78, 1900 MAN 125

Clev.AM. Val.—lat, 7s, g., '93. FAA(>iumbla A Grnenv.— Ist, 0*, lOlO

•2d mort., 6a. 1926iColumbua Chio. A Ind. Cent.—

latcoiiaoi. ni'irt., 7b, 190S..AA02dmort , 7s, lOOU FAAIiiconin 7a, IHOOReorgan'n Trust Co. onrts.' 624Ohio. A Gt. East.. 1st, 7«, n3-'95 100Col.A Ind. C.,l«tM.,79, I904.JAJi*115

do 2dM.78,l904.MAN *nOUn.* Logan8p.,l8t,78, 1005.AAO *liaT. Logansp. A B., 7s, 1884. .FAA MOOCln. A Clile. A. L., 198n-'90 '100

Col. Iloek. Val. A Tol —Consol. tin. 80Col.AIIook.V.—l9tM.,7*,'»7.AAO 1 114

do 2d M., 7s, 1892.JAJ • 107Ool. A Toledo—lat mort. bonda .. 1 115

do 2draort 1109Col. 9prlnef.A0.—lat. 78.1901.MASCol. A Xenia—Ist M.. 7fi,l390.MA8 1 1 10Conn. APassump.—M.,'7*,'03.AAO 1 117MasaawippI, g., 6a, gold, '89 JAJ 110313

Conn. Val.— l8t M..78, 1001... J.tJ 00Conn. West.—Ist M., 78, 1900. JiV.1 23Connecting (Phila.)—1st, Oa . .MAS 1 13Cumberland APean.—1st mort2d mort :

Cumborl.Val.—l8tM.,89.1904.A4O *

DakotaSoutbem—7a,gold,'94,FAA t95Davton A Mich.—Con.aol. 5a.....I*J n032d mort., 78, 1894, now lat.MAS tlOl3d mort., 78, 1839, now 2d.AAO 1107

Dayt. A West.—1st M.,68, 1003.JAJ 1 109lat mort., 78, 1905 JAJ 1118

Delaware—Mort., 69, gnar.,'93 .JAJDel.ABound B'k—lst,78,1905FAADcl.I.,ack.AW.—ConT.78,1802JAD 117Mort. 79. 1907 MAS

Den.ARloQ.- l8t,78, g.,lOOO..MANlat couaol. mort.. 78, 1910. ...JAJ 88%

Dmiv.A R. O. West. -Bonda 6613Donv.S.P.A Pac—lat,7a. 1905 MAN 93DesM. AFt. D.—lat, 69, 1003.JAJ ....let inc., 6a, 1B05

DetroitA Bay C.—l9t,89,1002.MANlat M., 89, end. M. C, 1902. MAN

Det.G.IIavenAMll.-E(iuip.68,l019Con. M., 5< till '84, after 0<. . 19 1?

Dot. L. A North.-lst,78, 1907.JAJDot. M ick.A M.-l8t. 68,1921.AAOL.-ina grant, 7s, 1911Income, 1021

Dub. A Dak.—Ist M., Os, 1919.JAJDub.AS. City— lst,2dDiv..'9t..TAJDunk. A.V.A P.—lst,78,g..lSU0JADEastPenn.-l8tM.,7a, 1333.. MASE.Tenn.Va.A Ga.—lat, 78, 1900.JAJlat mort., oouaol., 5a, 1930 ..JAJIncome, 6a. 1031Oivlslonal, 58, 1930 JAJE. Tenn. A Oa., lat, 6a, '83-86.JAJE.Tonn.A Va.,eud.,69, 1336. .MAN

Eaatem, Ma«9.—68, g.,1906. .M.tSSterling debs., 6a, g., 1906. .MAS

Etiz. City A Nor.—3. F. deb.,69.AAOIstmort., 69, 19'20 MAS

E Iz.ab.Lox.A Big S.—6«. 1902.MASElmlraA W'mapt— Is"- ,88,1910.JAJ5a, porpotual AAO

Erie A I'ittsb.—2d, uov 1st JAJCons, mort,, 7.9, 1893 J.WEiuipment. 79, 1900 AAO

Evanav. A Crawf.—1st, 78, '87.JAJBvana.A T.H.,l9t oon.,68,192l,JAJEvansv.T.U.AChl.-Ist, 78, g..MANFitoUburg-.5a, 1899 AAOIUlOia5s, 1900-01-02 AAO till69. 1803 AAO tll77s, 1804 AAO 1 123

Flint A P. M.-vrq.-.M. 0s,192O.AAO I

Flint A Holly. 1st, lOs. '83.SIANI 107Holly W. A M.—l8t. 99. 1001.JA.l| 113

Ft. MadisouA N. W., lat 7a. g., 1905 1

Ft. W. & Donv. City-lat, 0<. 1921.Frankfort A Kokouio—lat. 7a. 1003Gal. Har.AS.A.—l9t,6s,g. 1910. FAA 10'.

:d mort.. 79. 1903 JAD 1G7Gal.noii9.AII.—l8t,79,g.,190-2.JAJ 70Goorghi—7a. 1893-90 JAJ6s. 1307 A 1910

Georgia Pacitlo—lat mortOr.RJH>. A Ind.— lat, l.g., g'd, 7a, g. 113lat M..79, l.g., gold,not guar.AAO 1 11

Ex land grant, l9t78, '90 tlOOOr.B'yW.ASt.P.—lst,68,191l.F.4A 782d,Incom3s, 1911 121*

Gulf Col. A 8. Fo— Ist, 7a,190g JAJ 111Hannibal A Nap -Ist, 78, '88.MANllaii. A St. Jo.- Conv. 8s, 1385 .MASCou. 6s, 1911 MASKans. C. A Cam.. Ist, 109,'92.JAJ

tloasatonio—l8t M., 78, 1383. FAAHou-3t. E. A W. Tex.—Ist, 78, 1893Uouat.A.Tex. C— lat., 79, guar.,'9lWeat. Di%'., 1st, 78, g., 1891.. lAJWaco A N. W.. Ist, 78,g.,ig03~fAJCons, mort., 83, 1012 AAOWaoo AN., 89. 1913Gen. mort. 6s, 1921 AAO

Hunt. A Br.Top-l9t, 79, '90..AAO2d mort., 79, g., 1393 FAA 113Cons 3dM. 5a. 1395 AAO

III. Ceut.—l9tM.Clilo.*8pr.'99J*JMiddle Div. reg. 5s, 1921Sterling, 8. F., 5s. g., 1903..AAO ;103Sterling, gen. M..69,g., 1895.AAO ;1USterling. Ss, 1905 TAD tlO»

Ind. Bl.AW.— l8t.pr.,7». lOOJJAJ 118lat more, 4-3-6, 1003 AAO 832 1 Ml irf.. 4-5-6. 1903 \.%T

138

63

116103

83"iieia

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lis10610032122

100I03>a

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100

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1187335 1*

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ibs'96

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108105110>«12293

1091061a

95

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106

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68

10310374

82

i'ii"10578

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104>4105130

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101

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107116107

74

* Prloe nominal ; no late transaotlons. t The porobaser aljo payi aoeruad lateratt. t ! tiaadoa.

Page 22: March 3, 1883, Vol. 36, No. 923 - St. Louis Fed · 0jllinttt: xmm hunt'smerchants'magazine, ftffiprbsbntinotheindustrialandcommercialinterestsoptheunitedstates vol.36. newyork,march

:'4f) THE CHRONICLE,IVol. XZXVL

GE^fEiiAL QU"OTAriO>^S OF STOCKS AND BONDS—Uo.vTixaKo.For BKOIanatioiT^ Sea Xote¥ at Head of Plrtit ra^o of (luotatlon^.

Railroad Bonds.

lad. Blooiu. & West.—(Coutiu'd)—East. Div., Istraort

do iiictime

Income, 1919In'polisD.& Sp'd—lst,78,1906A&aSdmort. OS, 1911 J&J2d mort., income, 1906 J&JTrust Cm certNew 1st mort. 68, funded

Ind'polie & St.L.—lst,7s, 1919.Var.ud'apolisA Vln.—1st, 7a,1908.F&A2d mort.. 68, K-, K«ar., 1900.M&N

Int. & Gt.Nortli.—lst,68,1919.M&NCoup. 6s, 1909 M&82d mort. , income, 8s, 1909

Ionla& Lansiug—Ist 88, '89. ..J&JIow&Caty& West.—1 8t,78,19095I>&SI'a FaUs & SiouxC—Ist, 78,'99A&0Jefferson—Hawl'y Br. 7s, '87..J&JIst mort., 7s, 1889 J&J

Jeff. Mad.& Ind.—1st, 7s,1906.A&O2d raort., 78, 1910 J&J

Junction (Plill.)-l8t,4<38,1907 J&J2d mort., 6s, 1900 A&O

K.C.Ft.Scott& G.—l8t,7s,1908 J&D

Bid.

91

100

110810998105 Is

82

Ask.

43

102

60

114

tllO112

tll21113

Kansas C. I.awr. & So. 1st, .5s. 1909K.0.St.Jo8.& C.B.—M. 78,1907..J&JKansas & Nel^raska-1st mort2dmort

Kentucky Central-68. 1911...J&JKeoInik&Bes M.—Ist.Ss.guar.A&O1,. Erie & West.—Ist, 6s,1919.1''&AIncome, 7s, 1899Sandusky Div., 6s, 1919 ....F&A

do income, 1920I«f. B1.& M;ii!i.,l8t, 6.8,1919.M&^

do income, 7s, 1899.Lake Sliore & Midi. So.—M.8o.&Sf.I., S.F.,lst,7s,'85.M&Ndeve. & Tol., 1st M.,7s, '83..J&J

do 2d M., 7s, 18S6,A&0CI. P. &A8li.,new7s, 1893. .A&OBufl.&E.,now bda, JI..78,'08.A&0Buff. & State L., 7a, 1886.. -.J&.IDet. Mon. & Tol., 1st, 78, 1906...J»me8t.& Frankl..l8t, 7s, '97.J&J

do 2dM.,78,'94.J&DKalamftzooAl.&Gr.K.,lst,8s.J&JKal.& ScUoolcraft, 1st, 83.'S7.J&.IKal.& Wh. Pi)*eou,lst.78.'90..J&JDividend l)onds, 7s. 1899. . .A&OL.S.&M. S., cons., op., 1st, 7s.J&Jdo con8.,refe'.,lst,73,1900.Q—

J

do cona.,cii.,2d,78, 1!>03..J&D. do con.s.,ro,!,'.,2a,7s,1903.J&L)

Iiawrence—1st mort, 78,189j.F&AI<eliigli & Lack.—1st .AI.,7s, '97.F&ALenigh Val.—l3t,0s,coup.,'98.J&l.>

Ist mort., Cs, reff., 1898 J&D2d mort., 7s, 1910 M&SGen. M., 8. f., 6a, g., 1923....J&DDcliir o Ld Co. l)d.s, cud. ,7s,'92J&J

L. Miimi-Renewal 5.s,l!H3..M&Nr..RocK& Ft.S.—l8t,I.Kr.,78 '95.J&Jlittle SctHiylkill—1st, 7s, '82.A&OliOns Island—1st M.. 7s, 1898.M&Nletcouaol. 5s, 1931 Q-J2dinort., 7s, 1918Soutli Side, Ist, 78, 1887 M&SNewtown & Fl., 1st, 7a, 1891N. Y. & Rockaway, 7s, 1901.A&08mitht'n&Pt. Jetf.,78, 1901. M&.oKLCity & Flusliing—1st, 63,1911do Inoniues 1

Lou'T.C.& Lex.—lst,7s,'97 J&J (ex)2d mort., 7s, 1907 A&O

Lou.&Nasliv.—Con.lst, 78, '98A&02d mort., 7s, e., 1883 M&NCecilian Br., Ts, 1907 M&SliOulsville loan, 6s, '86-'87..A&0Leb.-Knoxv. 68, 1931 M&8Louia. CIn. & Lex., 68. 1931.M&NMem.& 0.,stl., M.,78, g.,1901J&DM.&Clarksv..8t'g,6s,g.,1901 F&AH. O. & Mobile. Ist 6s, 1930.J&JPenBnci'bi I)iv.,lst,68,l»20..M&S8t.LouisDiv-..l8t, 6s, 1921. .M&8

do 2d., 38. 1980.M&SNash. & Dec, 1st 78, 1900...j&jE. n. &N., IstOa, 1919 J&DGen'l mort., 68, 1930 J&J

So. & No. AUi., 8. F., 6s, 1910 A&O1st mort.. siukinK fund, Ha

ti'ev.N.A,&CUic.—l8t,68,1910. J&jHsiue Cent.—Mort. 7s, 1898. ..J&JExten. bonds, 6s, g., 1900.. .A&OCons. T«. 1912....: A&OAlidiu.^,^ng.& Ken.,68, 1891.F&ALeeds & Farm'gt'u, 6s, 1901.J&JPortl'd & Ken., lat, 6s, '83. .A&O

do Cons. M., 68, '95.A&0Man.P-eacli Imp ,iim.,78, 1909,M&8N.V.& Man. Beacli, Ist 7a,'97,J&J

Mar;etia & Ciu —Ist M..78. '91F&ASmriing, 1st M., 78, g., 1891.F&A2d mort., 7s, 1896 M&N3d mort., 8s, 1890 J&JScioto & Hock.Val., 1st, 7a..M&NBait. Short L., 1st, 7s, 1900..J&J

Marq'tte Ho.& O.—Mar.& 0.,88, '9268,1908 M&S

Mass. Central—1st, Oa, 1893Meiji.&L.K'ek—1st miirt.,8s, 1907.Meuipliis & Cliarleston— 1st conaol.

Ist, cons.. Teun. lieu, 7s, 1915 J&JMetrop'u Kiev.—1st, 6s, 1908. J&J2d 68, 1899 M&N

Mexican Cent.— Ist. 78,;i9H..J&JMoiican National-Ist mortSubsidy bonds

Mich. Cent.— Conaol., 78, 1902 M&NConsol. 58, 190i M&N

1101112tlOlia1112551595

10212 io598 9936

9543

98 10040

1061s10612

107 >;!

113I2u

122

10013 . ^12512511813

1211-2120134

10190

llftia

97%

115;07116101IO514104100100

J 120

96'

"95"

431139-93

tl04

id;i381122111fl32tlOSmo1100112

11168312

112

110114113

II2121031121s6520

Railroad Bonds.

126

121%

103i)3

93

116108

103

122

yo'

133!%132104 1451I4104105U18110322 1«

92%

10907

'7249'?8

103l»t M. on Air Line. 8a. 1800. J&.1 HI 314

* Prioe unminal

115

lOo

U'2%123I211313411011210111489

13314133104%54 12

109

120'

94105

971$

501s52

1251a

113!H

Michigan Central-(Continued>—Air Line, 1st M., 8s, guar. ..M&NEquipment bonds, 83, '83.. .A&OGd. Biv. y., Ist 8s, guar.,'86.J&.l68.1909 M&85s, coup., 1931 M&S58, reg., 1931 M&SKalaraazo&&S.H.,l8t,88,'90.M&NJ.L.&S,ig.l8t,83'85,"wh.bd8"J&JJ.L.& Sag.North Ext.,8s. '90.M&N

do Cons. M.. 88, '91. .M&Sdo e.9,1891 M&S

Joliet & N.Ind.,lst.78 (guar.M.C.Michigan & Ohio— Ist mortMil.L.S.&W.—l8tM.,6s,1921.M&N

ist, incomesMil. & No.—1st, 6s, 1910... J&DMinn. & St. L.—Ist .M.. 1927..J&D1st M., Iowa City& W.. 1909.J&D2d mort., 78.1891 J&JSouthwest. Ext., 1st, 7s, 1910....Pacific Kxt., Ist, 63, 1921

Mi.ss.&Tenn.—l8tM.,83,series"A''88, s6rie8"B" J&J

Mo.K. &T.—Cons.ass.. 1904-6.F&AConsolidated 6s, 1920 J&DIst, 68, g., 1899. (U. P. S. Br.)J&J2d mort., income, 1911 A&OGeneral mortgageBoonev'e B'ge,7s,guar,1906.M&NHan. & C. Mo., 1st 7s, g.,'90.'M&N

Mo.Pac—1st mort.,0s,gld,'88, F&AConaol. 6s, 1920 M&N2d mort., 73, 1891 J&JCar. B., 1st mort., 68, g. '93...V&0Sdmortgage, 7s, 1906 M&NInoome,'7s, 1892 M&S

Mob. & Ala. Qr. Tr.— 1st, 7s, g'ld,'95Mohile & O.—Ist pref. debenture^.2d pref. debentures3d pref. debentures4th pref. debenturesNew mortgage, Os, 1927Cairo Extension 63, 1892 J&J

lIorg'u'sLa.&Tex.,l8t,68,1920J&JMon-is& Essex-Ist, 73, 1914 M&N2d mort, 78, 1891 F&ABonds, 78, 1900 J&JGeneral mort., 78, 1901 A&OConsol. mort., 7s, 1913 J&D

Nashua & Low.—63, g., 1893.F&A5s, 1900

Nashv.Cli.& St.L.—1st, 78,1913 J&J2d mort., 63, 1901 J&JIst. Teun. & Pao., 6s. 1917.. -J&JIst, McM. M. W.&A..6s,1917.J&J

Na3hv.& Decat'r.—lst,7s,1900.J&JNatchez Jack. & Col.—1st, 78, 1910Nevada Cen.— Ist 63, 1904 A&ONewark & N. Y.—Ist, 73, 1887.J&JNew'kS'set&S.-1st. 7s, g..'89.M&NNe^vburg D. & Conn.— Income...

.

N'burgh&N.Y.—1st .\I. 78,1888.J&JNew Jersey & N. Y.—Ist mortN. J.Sonthern-'lst M.,new 63.J&JN. O. Pao.—1st, 68, gold, 1930.J&JN.Y. & Can.-£ M.. 6a, g., 1904.M&NN. Y. Central & Hudson-Mort., 78, coup. 1903 J&JMort., 78, reg., 1903 J&JSubscription, 63, 1883 M&NSterlingmort., 6b, g., 1903...J&JN. Y. C, premium, 63, 1883.M&N

do 68,1887 J&Ddo roale8t., 63, 1883..M&N

Hud. R.. 2dM., 7s., 1885. ...,T&DN.Y.Cbie.& St.L.—1st, 68,1921.J&DEquipment bonds

N.Y.City* No.-Geu'l,68,1910M&NTrust Co. receipts

tf. Y. Elevated.—1st M., 1906.J&JN. Y. & Greenw'd L.—1st M. inc. 6s2d mortgage income

N.Y.&IIarlem—78,coup.,1900.M&N78,reg.,1900 M&N

N. Y. Lacl!. & West.—1st mortN. Y. Luke Erie & Western-Istmort., 78, 1897, ext M&N2d mort. exten., Ss, 1919 ...M&S4th mort., ext., 5s, 1920.. ..A&O5th mort, 7s, 1888 J&D1st cons. M., 78, g.,1920 M&SNew 2d eons. 6s, 1969 J&D1st con i. fund ooup.,7s,1920 M&S2d coDi. f'd cp., 58,1969 J&DReorgauizat'u 1st lien, 63, 1908Gold income bonds, 6s, 1977Lonj! Dock mort., 73, 1893..J&D

N.Y.& iJ.Eng.-1st M., 73, 1905J&JIstmort., 68, 1905 J&J

N.Y. Pa. & O.—1st inc. ac, 7s, 1905do prior lien,iue.ac.,5-68,'93

2d morr. inc3d mort. inc '...!

L'sod L.rental ti-'st'73,Tni3.oer.'78West. ext. certifs, 83, 1876..J.SJ

do do 78, guar. ErieN.Y.Prov.&B'n—Qen.78, 1899.J&JN.Y. Su8q.& West.- 1st mcrtDebentures

N. Y. West Shore & Buffalo'.—5s'!..North Penn.—1st M., 6s, 1885.J&J2d mort., 78, 1896 M&NG3n. mort., 73, 1903, reg J&JNew loan, 6s, reg.. 1905 M&S

Norf'k&W.—Gen'l M.,6s,1931 M&NNorf'k&Peter8b.,3d,83, '93.J&JSouth Side, Va.,l8t,83,'84-'90..I&J

do 2d M., 6s,'84-'90.J&Jdo 3d M.. 6s,'86-'90..T&J

Vlrginia&Tenn.. M.,68, 1884.J&JVa. & Tenn., 4th M.,8s,1900.J&J

North Carolina^M.. 63

Bid.

till

1108

il206098

119II214100111101%120107

78

54

103IO314113

IIII3

80

"33'

107

1351121s

1213811311s11312104115

f....t

Ask.

112

109

10014

125

98%

95120

105IIII4102125

10380 14

56

1061021

51

30

106

122%113%105

10310415

102104

94I

9887% 87%

tlOO 111

129%139%101%

103107101%106388638101

112%287

111=8

123106103

12596

;123

60

1114%IIO51450

1103;i8%{8

115{75}7513071%

75103%115123104101115107100101100124100

130

86''8

4940

10130130112

127

126

13096

121

105%

i'o'd"

19%

258585

73%6075%

Eailro.id Bosds.

101%

101125

BO lata trauiiaoUonB. t The purohaaer aUo pays aoorted Intereat.

Northea3t„S.C.—1st M.,88,'99,M&a2d mort.. 8s, 1899 M&S

North'n Cent.—2dmort.,6s, 85.J&J3d mort., 68, 1900 A&OCon. mort., 6s, g., coup., 1900.J&J<)3, g., reg., 1900 A&OMort. bds., 3a, 1926, seriesA J&J

do serips BCon. mort, stg. 6s, g., 1904. . .J&J

Northern, N.J.—Ist M., 6a, '88.J&JNorw'h&Worc'r—l8tM..6s.'97.J&.lNorth. Pac. P. D'O Div.—6s, Jf.feSMo. Div. 6.S 1919 M&NGen'l 1. g., Ist, 63. 1921 J&JGen'l 1. g.. 1st, 68, reg J&J

Ojtd'nsb'g&L.Ch.—lstM.63,'98,J&.lS. F.. 8a. 1890 M&SCon.sol. ,6s. 1920Income, 1920

Ohio Cent.—l8t,mort.,6a,1920, J&JIncomes, 1920IstTer'l Trust. 63, 19'20 J&JMiueral Div., inc. 78, 1921.River Div., 1st

do incomeGUio&Misa.-Ccma. 8. F. 78,'98-J&JCons, mort., 78, '93 J&J2d mort., 78, 1911 A&Ol8tmort.,Springf.Div.,l905 Sf&N

Ohio Southern—1st 68, 1921. ..J&D2d Income, 68, 1931

OhIo& W.Va.—lst,8.f.,7s,1910M&NOld Colony—68, 1897 F&A

68, 1893 J&D78, 1895 M.feS

Oreg. & Cal.—lat 63, 192 1 J&JOregon Shori Line—Ist mortOregon & Transeont.—63, 19';2 ...Osw.&Rome— 1st JL, 7.s. 1913.M&NPanama—Sterl'g M.. 78. g. '97.A&nSinking fund sub., 6s, 1910.M&NSubaidy bonds, Eiig. issue, 63

Paris&Doc't'i^lstM..78,s.,'92.J&.lPonna.—Gen. M., 6s, cp., 1910 Q—.IGen'l mort., 6a, reg., 1910. .A&f)Cona. mort., Os, reg., 1905. .6—.M

do 6s. coup.. 1905...I&nPeun. Co., Os. reg., 1907 .. .0.-1

do Ist i\r.,4%j, i93i:,r&.i i

Penn.&N.Y'.- lst.7s,'96&1900.J&l)Peasiicola & Atlantic -lat m..M&SPeoria Deo.& Ev.—l8t,6a,1920,J&JIncomes, 1930EvausviUo Div., Ist 6m,1920.M&S

do income, 1920Peoi la & Pekiu UnionPorkiomen—1st M., 6s. 1887..A&OCons, raort. 6s. 1913, sterling ...

Petersburg -Class ACla8<B

Phila. & Erie—2d M-, 73. 1888.J&JGen. M.. guar., 63, g., 1920. .J&JSunbury&Erie, lat M.,7a,'97.A&O

Phlla. & Reading-2d, 7s, '93.A&ODebenture, 1893 J&JConsol. mort., 78, 1911 J&l)ConsoL mort., 68, 1911 J&DImprovement mort., Os, 1897Gen'lmort., 6s, 1908 J&JConvertible, 7s, 1893 J&JScrip for 6 deferred % couijous .

.

Deferred incomeCoal & I., guar. M., 78, '92.. M&8Income mort., cona. 7a. '96, J& D

Phila. Wil. & Bait.—6s, 1892. .A&O(ia, 1900 A&O53,1910

Pitt3b.Br.adf.& K.—Ist.BslOl lA&OPittsb.C.& St.L.—lst,78,1900.F&A2d mort., 7s, 1913 A&OSteubeuv.& Ind., lst.,6s,'84.Var

Pittsb.&Cou'llsv.—l8tM.7s,'93.J&.lSterling eons. M., 6s, g., guar.J&J

Pittsb.Ft.W. & C.-lst. 78,1912 Var2d raort., 73, 1912 J&J3d raort., 78, 1912 A&OEquipment, 88, 1884 M&S

Pittsb. & West.— Ist mortPortl'ud&Ogb'g—l8t6s,g.,1900J&JVt. div., lat M., 6a, g.,1891..M&N

Port Royal& Aug. -Ist, 68, '99.J&JIncome mort., 6a, 1899 J&J

Ren.&S'toga—lat 78,1921 oou,M&N1st, 78, 1921, reg M&N

Richm'd & Alleghany—1st, 78, 19302d mort., 63, 1916

Rieh'd & Danv.—Con.,68.'90..M&NGeneral raort., 6s, 1915 ... .J&JDebeniure, Os, 1937 A&OPiedmont Br., 83, 1888 A&O

Rich. Fred. & Potomac-6a,ext.J&

J

Mort, 73, 1881-90 J&,)Rich. & Peter.ab., 8a,'80-'86...A&ONew mort., 78, 1915 M&N

Richmond York Riv. & dies., 8s-.

.

Rooh. &Pitts., Ist, 68, 1921. ..F&Ado income. 1921

Rutlan.L—1st M., 6s, 1002. ...M&NEquipment, 2d mort., 5s F&A

RomeWat'n&0.—S.P.,7s,1891.J&D2il raort, 73, 1892 J&JConaol,, Istex. 53, 1922. ...A&OIncome 7a, 1932

St Joseph & Paclf.—1st mort2d niort

StL.Alt&T.H.—1st M., 7a, '94.J&J2d raort., pref.. 78. 1894 .... F&A2d income, 78, 1894 M&NDiv. bonds, 1894Bellov.&S.Ill..lst,8.F.83,'96.A&0

8t Louia & I. Mt—lat,7a. '92,P&A2d mort, 78, g., 1S97 M&NIst 78, inc., pf. int. accumulative.

Bid.

123119103%II714

10095

tlo4tiootll6

103%1031103H03195348825

Ask.

105118

59%13

116II6I4131%

8OI428

tintll7tllt>%1 124

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,'117

ti'o'ij'

2012512511911910795%

131

10195%106102118

103%

103%1039d339026

13%

119%SOTg30

114117%117125

"97"9314

11910310845

i'2'6

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120119%

98

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mo 112113 115

tl04 10680

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126

10796%

104

76

77%

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112

107%10458

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10910371122%

; In London.

Page 23: March 3, 1883, Vol. 36, No. 923 - St. Louis Fed · 0jllinttt: xmm hunt'smerchants'magazine, ftffiprbsbntinotheindustrialandcommercialinterestsoptheunitedstates vol.36. newyork,march

MAHcn 3, 1883.1 THE CnRONirT.K 217

GEMERAL QUOTATIONS OFSl'ocKs \Si) U )VI>S-(J,)STi!»aBo.For Bxplanatloiui See KToleai at II«m<l <>l Ki r»( Pa^o of Qnotalloii*.

RAILItOAD BONDa. Bid.

118108

i07'87607U3Bang103

90II3I9

100108 >4

1U8\lOS^a

dododododo

(107loa1 10tlOO18500

lOi

10;

92h

104 Og

St. I,. A Iron Mt -({'oiitlimod)—M (>». Inc.. I'lt. iiicnmnluMveArk. Hr. I. s-r., .M., ?<, a.. 'O.N.JAnCiilri) Ark. A T.,l"t.T».>J.,'«7.J.(i;l)

fa;rii.tl'iil..lnt.l.«.,7s.k'..".)I.J*.l

Ocii. coil, r'y & 1. a-. .Ih.IO;!! AAOt.I...t.'<»lil''.- -'I M .'!"'• A. '<">' '•N

2(1 .M.,il:l.i'< I!. 1:101; MANdo cUwxC, mill! M.V.V

South ra<lllc.—l»t M. 1HS8 ..IA.I

PlorrcC. AO. Ut, (U K>tAEiiulpimnt 78. Hy."> J&O(iiMicriil morr., fid. liUtl JA,I

Bt.I..VaiMl..vT.II.-lHtM.,7H,"J7.JAJ•2i\ in..i;., 7->. ISDS MAN2.1. MAN

St. r. Ut, &(<.iy31.1"AABt.PM 1 -lBt7»,l009JAJ2d lin. moil AAODnk. Ext.. «». 1010 MAN,MInii'B T'li. l»t. 6«. 1022 ....JAJ lOSH

Bsiidii.'ikv M;iii«f.A N.— iHt, 7b,1002 1 1128Bvaiin;i1i I'liirlilii A West.—

At. A Gillr. coiiH. 79, IS07....JAJl»t iiiortaaac. 79 JAJ8.Ua..Vc I'la.. l8t M. 79, IHOO. MAN

Scioto V»l. -l9t M., 79, 9liik"g fund2d luortConsol. 7^. 1010 JAJ

Belma Roiiio A Daltou—Ist inort..2d imirtInoouios

SliMiandouli Val. l8t.79.IOOO.JAJaciifral mort., (is, 102 1 AAO

Bloux C. A I'ac., 1st .M..(i8, 'OS.JAJ80. Carolina— l9t M.,68,10:JO. .AAO2d nioit.. 69, 1031 JAJBonds. 7.S, non-mort AAOXurotiie 7s. lt>3 1

80. On. (\.Y.)— l8t mort., .^8

8o.rat\Cal.—l8t.G.s,s.. 1005-12.JAJ8ontliwestcrn(On.)—C'onv.,78,1880Bommlt Br.—l8t, 78, 1003 JAJanb.Haz.AW-B.—l8t,58,1928MAN3d mort.. 68. 1038 MAN

0aK>.B.A£rleJiinc.—Ist M..7Bfcrr31ng.AN.Y.—con9ol.7s.'0(iAAOTax. Cent. -l8t,8k.fd.,7s,1000MAN1st mort., 78, 1011 MAN

Texas A Pac—l8t, 68. ^1005 MASOonsol. mort.. 68. gold. 100.">. JADInc. and land gr.. rps-. 101,5.Julyl8t (RioGr. Dlv.). (is. lOao.FAA

TexasA St. Ixiuls— Ist.Gs.lOlOJAULand grant. Incomes, 1020Mo. A Ark. Uiv., Ist. (is

Tol. Cin. A St. Louis- Ist mort.. ..

IncomeToLDel'sA B.—l8t main, 6s, lOlu

do l8t Dajtou dlv.,68, 1010do l.st Tcri trust, Gs. . 1010

Income, (i9, 1010, mai'i 1 110

Dayton Dlv. iue., 6s. 1010Toiiawaiida Val.A C— 1st. (i.s, 1931United CVs N.J.—Con8..08,'04.A*OSterling mort., 69, 1804 M.icS

do 68,1001 M*.SCam. A Amli.,mort.. 6s, s'.»,.\l,v,N

Onion Pac. ••l9t.6s,g..l sou-Ill) J.v.i

Land Grant, 78. 18S7-0 AAOSink. F., 8s, 1803 M,.feS

Om. Bridge, sterl. 8s, g., '96.AAOBeg. 88, 1893 MASOoUoteral trust. 68, 1908 ....JAJColorado Gent.,l8t, 8s, g..'90.JAl>DenverPac.,l8tM.,78,g.,'90.MAN~ in».Pao., lat, Os, 1805. ...FAA

do l8t M., 68, 1806 JAUIst.K.A L.G.D'd.'OO.MASInc..No.ll.7B, 1916..MASIno..No. 16. 7s,191ti.MA»Denv. Dlv., 681st cons. M..69,1910 MAN

8728103

lO-^ij105 HiIOII49457'880 Oe

0741

JU2;120

ii3»^100115!120

108 >a

IO7J499

A 8k,

110110

77100010t>4lUS'*

00 14

109uo108 >sno115

1151020595

108

103

5-

104^

0530 >4

129108108

5880%

68 >4

'54

141s

1142

11214

110%1I5»2124

104

109

Atoll. Col.APac.,l8t,r,s,10ii3Q.Atcii.J.Co.A\V.,l8t,t;s.l90.5.ti.—Fi

Utah Cen.—Ist M.. (i.i. g,, 1890.JAJ 1

Utah So.—Gen. M. 73, 1000. ...JAJExtension, 1st, 7s, laOO JAJ'

ytlca A Ul'k R.—Mort., 78, '91.JAJ 1 106 "s

100100

Valley, of Ohio— 1 8t mortVemj't A Can.—M., 88MLSslssquoi, 7b, 1801 JAJ

Vermont Cen.—Ist M.,78,'86..MA.N'2d mort., 78, 1891 IADIncome extension 88 MANStanstPiul 8. A C, 78, 1887..JAJ

Verm'tA Mas8.—Ist M., 6a, '83.JAJConv. 79, 1885 JAJ

Vloksb. A Mor.—Now l9tmort2d mort3d mort., income

Vlrgluia .Midiund—1st stsrien, Us...2a series. 698d series. o-6sitheerlcB, 3-1-586th seiies, .'is

[Qoomes, cumulativeWabash-Ist mort., ext.. 78. 1,800, ex. FAAKort.,78, 1870-1009 AAOZdmort,, 78, ext. 1893, ex. .MANEqulpiuiflt. 78, 1883 MANGeneral mort.. Us, 1920 JADChlo. Dlv.. ,

"is. 1010Havana Dlv., 6,s, 1010 JAJTol. P. A West., l8t 78, 1917. ..Q

do Istpref. Inc., convdo 2d pref. iiie

Iowa Dlv., 6«, 1921 MASIndlanap. Dlv., Ob, 1021 ....JADDetroit Div., 68, 1021 JAJQulncy Mo.A P.,l»t.6s, guar. 1 90LI

.Cairo Div.. 5s, 1931 JAJ

10049

103

4049

rioo>4'1309o

113%105935397 "a51

106

77-6>s791a

1071a

108 1»9914SOHl90

L03

10151

125

5151100la

13396

114108063498

04100

78

96'

01

RAII.ROAI1 BTOOKS.

Wabnab— (I'ontlniind)—Cons. mort.. 79, 1 007,oon..aQ—

F

FAAlst.St.L.4llv., 7h, ISSO.iix.VAvVvVv.V

' V8\ ,vOI'AAA.I

at. West., III. ,1st

do 2d. ,

a'noy A Tol.. Ist. ,

1. AS. la.. 1st, 78t.LK.C.AN. <r.i

do Om.Dlv.,!do Clur.lHr., i;s. liilOdo No. Mil., Imt. iso.'t

do St. Cha's Hililgo 69, 1008Wab. Fund. 1007- Var. 78. FAA

do Varlou9 69 FAAWarren (N.J.)—2d M.,7», 1000. ..

W. Jersey A At. Ist .M.UhIOIOMAS'V. Jersey—Delient. (is, 1883. .MASIst mort., (is, 1806 J,fc.J

Ist mort., 7s, 1800 AAOOonsol. mort.. 78, 1009 AAO

West'n Ala.—1st M., 88, '88. ..AAO2d mort., 8s, guar., '90 AAO

Vest. Md.—En(l.. 1st, 68, 90.. .JAJ1st mort., 6s, 1800 JAJEnd., 2d mort., 69, 1890 fAJ2d mort., pref., Os, 1895 JAJ2d, end. Wash. Co., 6a, 1890 JAJ3d, end., 68, 1900 ^ JAJ

West'nPonn.—Ist M.. Os, '93. .AAO. Pitts. Br., Ist M.. (is, '96 JAJWhcelingA L.Erle— l8t,68,g.,1010Vilm. Columbia A Augusta. 6sWil.A Weldoii—S. F.. 7b, k., '96.JAJWinonaASt.Pct.— lst.M.,78,'87.JAJ2d mort., 7s. 1007 MAN

Wis. Cent.—l8t, 79, coups, onfund.Ist series, new2d series, new

Wis. VaUey-lst,7s. 1009 JAJW orc'rA Nashua—3s, '93-'95 . . Var.Nash. A Rocb., guar.. 58. '94.AAO

RAILR0.4D STOCKS. Par.Ala. Gt. South.— Mm., A., es.pref..Lini., B, com

Ala. N. O. A Pac., *<.. prefdo ill) def . .

.

Albany A Susqucb., Guar., 7. ..100Allegany Central 100llleghenv Valley 50Atchison Col. A PaclfloAtchison Topoka A Santa Fe.. 100Atlanta A Clnvrlotte Air Line1 tigusta A Savan iia li , leased ... 100Baltimore A Ohio 100

do Ist pref., 6 100Bait. A Ohio, 2d, profWaahlnjton Brancu ICK)Parkersburg Branch 100

Boston A Albany 100Bost. CUnt. Fitc^ib. A New Bed.lOO

do do Pref 100Bost. Con. AMoutxcal., new... 100

do Pref., 6... 100Boston Hartford A Erie new

do do old.Boston A Lowell 5CK)Boston A Maine 100Boston A New York Air L

do do prefBoston A Providence 100Boiitou Revere Boacli A Lynn. .100Bronkljm Elevated, assessm't paid.Brooklyn A Montank 100

do Pref 100Buff. N. Y. A Erie, leased 100BuffaloN. Y. A PliiladelpUla

do do pref. .

.

Buffalo Pittsburg & Western 50do Pref

Buffalo A Southwest 100do Pref....100

Burlington C. RapidsA North.. 100Cairo ASt. Louis.Cairo A Vlncennes. pref(^Uforuia PacitlcCamden A Atlantic ...' 50

do Fret 50Canada Southern 100Catawlssa 50

do Ist pref 50do 2d prof 50

Cedar Falls A Minnesota 100Cedar Kaplds A Mo. and la. Ld.lOO

do Pref., 7 100Central of Georgia 100Ceutnvl Iowa 100

do iBtprof 100do 2dpref 100

Central of Now Jersey 100Central Ohio 50

do Pref 80Central PaclHc 100Charlotte Col. A Aug 100Cliesapeako A Ohio, common . . 100

do Istpref. ..100do 2d pref.... 100

(Cheshire, pref 100CWoagoA Alton 100

do Prcf.,7 100Cht(sago A AtlanticChicago Burlington A Clulncy..lOOChicago A Canada SimtliernChicago A East Illinois

Chicago A GraiiilTninkChicago Iowa A- Neliniska 100Chicago Milwaukee A St. Paul. 100

do Pref., 7.100(Thloago A North Western 100

do Pref., 7.100Chicago Rock Islaiil .k Pac 100Chic St. P. Minn. A Oin.,oom..lOO

do pref..l(X)

Bid.

100 Hi104

bo'99

100

il0i4

Ask.

07101 la

101)

103

RAiLKOAn Stocks.

rhIeagoA Went Mlrlii.-nn 100('ill. Ilnmlltiiii ,V Davion 100Ciii. Ti,,liMi,iu., St. l,-..ii. AC'hIc.lOO

no100115123

11011011511211,5110113126109

109%1201061a

1081a

12095

114114122113122111122130

1U6

80t7949

111214tlOOtlOO

il0i4!4%;5i2

123

785862%90199120122200

81751a5513326

llOiaIsa

90152

801611151s12 «2561

24%

SO

^•66

&20J56{U11

14011898

352071»8501e531s81182921>420%2359132136

X116MISi

144lom119131321s145-',|

122I

481a1071a I

llOig1-25

108125

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10%5146214

do

I'«o....l00

BM.

aev. Col. On. A Indiai'(;ier. A PIttsl.iirKli, gii.r

Col. Chle. A Indiana Ciiiiral.. lix)do Kcorgan. Tr. Co. c«rt«,

Columlnis A Xenls. guar., 8 .lOCol. Uock. Val. ATrd 100Columbia A Orcouvlllo 100

do Prof.. ..100Cimcord nvConcord A l'orMmoutli,gnar.,7 lOOC(Miuectleiit A Possumpslo 100Connecticut Klvcr 100Connottoii Valley 50ADanbiiry A ."forwalk 50Dayton A Michigan, guar, 3ia. .,'•0

do Pref., guar., 8.50

51478%63

2001301-23

91B175%3.-.14

13527

111%h>

91I5214

80162116

68

16

10

5066 14

241a

1514312010(J

72515381%301a221s312380

145l'>l»8!120

I

13238146

I

r,:2ial48%'

Delaware A Bound ISriiok 100Delaware LiU'k, .t Western 50Denver A New Orlcan9Denver A RioGnmde 1(X)Denver A Rio Grande Western....Des Moines A Fort Dodge

do do Pref.

.

Det. I.an8ing A Northern, com .100do do Pref. 100

Dnlmque A Sioux City 100East 'Teunessoe Virginia A Qa.l(X>

do do Prof.Eastern (Mass.) 100Eastern in N. H 100Eel River 100ElmlraA WiUiamsport, 5 50

do Pref., 7..50Erie A Pittsburg, guar., 7 50Evansvllle A Terre Haute 60Fitcbburg 100Flint A Pere Marquette

do do Pref.Fort Wayne A Jackson

do do Pref.

.

Fort Worth A Denver C 100Galv. Uarrlsb. A San AntonioGeorgia Railroad A Baiik'g Co. KM)Grand Rapids A IndianaGrand River Valley, guar., 5. . ICK)Green Bay Winona A St. Paul. .100

do Pref.... 100Hannibal ASt. Joseph 1(M)

do Pref., 7. 100Harrisbnrg P. Mt. J.AL. gmir.,7.50Houston A Texas Central 100Huntingdon A BroiMl Top 50

do do Pref... .50

nilnois Central IOCdo IciMcd line, 4 p. c. 100

Indiana Blooiuington A West'n 100Indian. Decatur A Sp., com

do do Pref... 100Iowa Falls A Sioux CMty 100Jeft'v. Mad. A Ind'p's, leased.. 100Jollet A Chicago, guar.. 7 100Kansas City Ft. ScotlA Gulf. ..100

do do pref.. 100Kentucky Central 100Keokuk A Des Moines 100

do Pref.... 100Lake Erie A Western 100Lake Shore A Mich. So 100Lehigh Valley 50Lehigh A WilkesbarreLittle Bock A Fort Smith 100Little Miami, leased, 8 guar. . . . .^OLittle SchiiylklU, leased, 7 50Long Island 50Louisiana A Mo. Riv., Com 100

do Pref., guar..Louisville A Nashville 100Louisville New .\ibany A Chic. 100Macon A AugustaM.alne Cential 100MaiicbesterA I-awreuce 1(X)Manhiittau Beach Co 100Manhattan RiUlway 100

do Istprefdo common

Marietta A Cincinnati. Ist pref. .50do 2d pref..50

Marq. Houghton A Ont 100do pref 100

Massachusetts CentralMemphis A Cliarleston 25Metropolitan Elevated 100Mexican Central ..100Mexican National

d> prefMichigan Central 100Michigan A Ohio ;

do PrefMidl.ind of New JerseyMil. Lake Shoro A West 100

do do Pref 100Mine UlU A 8. Haven, Ieasc<l. . . .50Minneapolis A St. Louis 100

do do Pref.... 100Missouri Kansas A Texas 100Missouri Pacillc 100Mobile A Ohio HR 100Morris A Essex, guar.. 7 50Nashville. (Mial. A St. iMuU 23Nashua A I.owell 100Nashua A Roehester. guar., 3.. 100Newburg Dutchess A Conn

do do Pref.New Jersey A New York

do pr«fNew Jersey Honthem

9010385454973139

fl

20

20 14«10l11589

163•

Ask.

8(1

0-J

H748r>o

74

7057143M301221a

44^^2081779113858%

IS45891a65$40$5808

11823 la

98

:io

35ie143

8070721227143^880291s3

83

1.35

78120

27%ICOk

301481a{0!<%61%

5455

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7360145139122k6044>a28

78^113^888%

13i«

45>a9067

581a104

11927081s

30

14820

4182

75U»a29

80306%

8890

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6063

641460

83 8«1«5 16716 •44 4085 8844 4611 11

60% 67112>a 113

lis37 40HO hS21 >4 21%8 lU

3i93% »481615 2315M 1742% 444irta%251, ZViHSiiU «u30% 31

lOOls 100 1«15 IH120 1231a.^8^ .%8%150 153.VI 57

ht'J

itH.

10 •^

* Fiioes nomiaal ; na late trausaoUoos. t Puroliasor also pays ooorued Interest. ; In Loadoa. i ()uib*tioa per share.

Page 24: March 3, 1883, Vol. 36, No. 923 - St. Louis Fed · 0jllinttt: xmm hunt'smerchants'magazine, ftffiprbsbntinotheindustrialandcommercialinterestsoptheunitedstates vol.36. newyork,march

24b THE CHIIONICLE. [Vol. XXXVI.

GliMKilAL QUOrATIOJIS O? STOOKS AND BON'DS—Continued.Por Erplanatlons See Notes at Head of First Page of <laotatlons.

Canal Bonds.

RR. STOCKS.OONTINUKD.

lir.Loud.N.,rse(l,8. 100N. O.Mob. & Tex.. 100N.Y.C.ife Hud.Kiv. 100N.y.Clii!5t.I^.,<'in.l00

do Piof..l00N.Y. Elevated.... 100W. Y. & Harlem ....50

do Pref..50N.Y.Lack.&W.,e.5.100H.Y.I...Erle.& Wcst.100

do Pref.lOON.Y. ifeN.Eucland.lOON.Y.N. H.&Hartf.lCON.Y. Ont.iSi; West. .100

do Pref.

N.Y. Peiin. & Oliio ...

do Pref.N.Y. Prov. & Bost.lOON.Y. Susq. ii Western.

do Pref.N.Y. West Shore &B.Norf.&West,, com 100

do prof.lUONo. PeimRylTaDla..50Northern Central. . . 50North'n N. Harap.lOONorth'n Pac.com.lOO

do Pref. 100Norw.Ji Worcestcr.lOOOgd. & L. Champ. 1(10

Ohio Central 100Ohio & Miss 100Ohio Sonthern 100Old Colony 100Oregon & Calif. ...100

do Pref. ..100Oregon Short Lne.

.

Oregon Trans-Cont .

.

Oswego & Syr., guarPanama 100Paris & Decatur . .

.

Pennsylvania KB. .50Pensacola & AtlanticPeoria Dec. <fc EV..100Phlla. &Erie 50Phila. & Reading... 50

do Pref. ...50PWla. & Tren., 10, 100Phlla. Wilm.& Balt.50Pitts. Cin. & St. L..50Pitts. & Con., rsed.50

do Pref. .

.

Pitts.Ft.W.&C.guar.'do Special,?. 100

Pittsburg & WesternPort.Saco iPorts.lsd t>

Port Eoyal & AugustaForts. Gt.F.& Con.lOi.Prov. & Worc'stor.lOOEens. & Saratoga . . 100Elch. & Ali(',T.. stockRichmond ADauv.lOOBlch. E. & P., com. 100

do Guar. 7.100do do 6

Elclunond & P'b'g.lOOKich.ife West Point....Richmond York R.& 0.Roohestfsr & Pitts. 100Rome W. i Ogd ... 100Rutland 100

do Pref., 7. .100St. Joseph & Western8t.LoulsAlt.&T.H.100

do Pref. 100Bencv.<fcS.ni.,pf.lOO

Bt.L.Jack. ACIiiclOOdo Pref. mo

Bt. Louis & San Er.lOOdo P.-ef....lO0do Istpref.lOO

St. L. Van. A i. n...:.Bt. Paul & Duluth. 100

do Picf.lOClBt.P.iliun. & Man. 100Scioto ValleyBeab'd & KoanokelOO

do Guar.. 100South Carolina 100Bo. &, No. Alabama. .

.

B'west., Ga., gM, 7.100Syr. Bing. & N. Y.lOOSummit Branch,Pa. 50Terre H. & Ind'uap.50Texas & PacWo ... 100Texas & St. Louis..Tol. Can. Bo. & Det.,Tol. Cin. & St. I»uisTol. Delph. <fc Bur. 100U. N.J. KK &C. Co.lOOUnion Pacific looUtah Central 100Vt. & Can., leased. 100TtA MaBs..rsed.(!.lOi!Virginia Midland, cun

do l!,i piefdo 2.1 pn i

Vloksh. AMeiiJlan ..

do pref...Wab. St. L. &Pac.lO<

do Pref. 100Warr'n(JJ.J.),lVd,7.50Westch.A l'iiila.,pf.50West Jersey 5(i

WestJersi'vA AtlanticWestern JlarylandWU. Columbia* Aug.WU.&WeUl..lsd.. 7.101-Wisconsin Central

do Pref.Worc'terANashua. 100

Bid. Ask,

1263, 1271012 1124% 26J-2

100 107196

S."? 803714 JTM76 7G45% 461722514 231sHO 88lis

148 13310

12 1330 3211.

10 153914 40(i5 6754 ..5

llOifl 1114sl3 48%H33R 831s

159 16027 2811 Ilk33 33I213 13

135 135 1«

}18 20J19 512282%

13083

560

714

6018

21 21I4

519 205338 53=6

\ilh 62

10 2015

133

16" 20II214 112%

Hi" 33128 130

10 1251 53

69121)

11050 3921% 23

19 I914

21.,3"

161; 17712 15

CH 68%06 'J9

'29" "36"

43 4989 902

35 3894 95

142 1437

10011020 25

714

39 39I810

7I2 "6"

190 191129414 943b

1? ISI29I2 13010 .

50SO ...

3

28 1« 28%IV % 47''6

Mi}"^31 3213 I4I290 97

lO.-i 11219 Is 193|i

26 k! 2757 '2 5814

Miscellaneous. Bid. Ask

23

iVi'

102116ll.'iis

127102%115109IIII4118

85

88

8670'

103100

84

CANAl, BONDS.Cheeap. & Delaware—1st mort., 6s, '86.T&J

Cbes.AiO.—68, '70.Q.-JDel. Div.—6s, '98.J&JOel. & n.—78, '91 J&J1st ext, 1891. .MAN7s, 1884 J&JConn. 78. 1894.A&OReir:7s, 1894. .A&OIst Pa.D.op.,7R,MiS

Leh.N.—68, rg.,'84Q-JRR. 68, reg., '97.Q-FConv 6s,g.rg.'94M&S68,g. ,cp.&rg. .'97J&DCons.M.,1911 7sJ&D

VIorris—Boat loan, '85

New mortPenn.—6s, ooup., 1910SehuylkiU Nav.

lstM.,6s, 1S97.Q-M2dM.,6s, 1907..J&JMort. 68,cp.,'95J*,16s,lrap.,cp.,'80M&N6s,bt&car,1913M&K7s,bt&car,1915M&N

jusq.—6s,cp..l 91 8J &.I

78, coup., 1902.. J&,IUnion—Ist Os.'SSM&NCANAL, STOCKS,Cal. & Chi.Cau.dt Dock

do pref.Del. & Hudson.... 100Del. Div. leased, 8.. 50r^hifih Navigation.. 50Morris, guar., 4 100do pf.,guar.l0..100

Pennsylvania 50Schuylkill Nav 50

do do pref. 50Susquehanna .50

.fIISC'l.L.ANEOfJSBONDS.

Bait. Gas Light GsOanton(Balt.)— £6s,g.,Mort. 68,g., 1904 J&JUn. RR.,l8t, end.,68.do 2d,eud. 6s,g.M&N

Col.Coal& Iron- l8t,6sCov. & Clnu. Br., 68. ..

Gold & Stock TelIron Steamboat. Ist...Mariposa—7s, '86.Mutual Union Tel. 6a.Northw.Tel.—7a, 1904Oreg.R.& N. 1 st,6s,J&JPuUm'n Palace t'ar

3d series, 89,'87FAAi'1074th do 8s,'92Fife.\itll5%Deb'ut're,7s,'88A&0 tl038tlg,78,g..l88.'". A&ol .--.

St. L. Bridge & Tun-1st. 7a,g.. 1929.A&0

Sp. Viil. W.W.—Ist, 6s.Storllng Iron & Ry.—Borles B., inc., 1894.Plain income 6s, ';I6.

Western Union Tel.—78, r.ifec, 1900.jM.feNHterl'ir 6s, 1900.M&StllSC'LI^ANEOVS

STOCKS.Amor. Bell Telepb . 1 00Amor. Bank Note Co.

.

Aspinwall Land 10Bi)ston Land 10Boston Water Power..Brookline (Mass.)L'd53rHsh llluuiinat'g Co.Canton Co. (Bait. 1. 100Cev. <t Cin. Bridge, pf.Edison Electric Ilium.Edison Electric Li.ght.Fuller Electric liiglit .

do I'r'^f.

Iron Steamboat CoKeeley MotorMaverick Land 10S.E.Mtg.Sccur.fBost.)S. Ilainpsliirir Land 2.*)

S.Y.& Tox.Ld.,Llm. 50Land serin

Oregon Ry.&N.Co.lOOPaciHc Mail S8. Co.lOOPiUlm'n Pal.ace CarlOO3t.I-ouls B'dge.lstpref2d pref. cortiticates

St. Louis Tunnel ER.*t. Louis TranBti^r CoStand. Water Meter..Sutro Timnul 10U. 8. Electric Light...Union RR. St'k Yards.BXPKKSS STCKSAdams 100American 100United States 100Wells, Fargo & Co. 100Tii:LE:«it.i.t>H

STOCKS.I

American District. 100!American Dist (Phlla.)Araor. Tel. & Cable...Atlantic* P;u!i1ic..23Cent. &80. Am. Cable.Franklin KJOGold .fc Stock 25Intcrnatlon'l Oc'n. 100Mexican loOMutual Union 100Northwestern 50Southern & Atlantic 25Western Union 100

7171

•'•-

107 is

2581

10736

43914 303e

§

51358 1471a

100108%108%117104

103110110120

"so"

;i22

115

183

400

7lis

901

5333

13641119:92•10

108

5*13H2170

1329U60120

643850

103239595

15513

7082Sg

8532

116

117

103

llSHi

07

9080

81%

1071-2

109IKi103

124

865

2 'a

Miscellaneous.

300

8I2

293Us!

13641 ii

121i.6

41lOJ

130

1339102

l-.:3

643t-58106

999817320

8()"

827f

SlJUve' «:o.»jsrocKS.

Am. Loan & Trust.lOOBrooklyn Irust 2Central 100Equitable 100Farmers' Loan & Tr.23Mercantile 100MetropolitanN.Y. Guar. &tnd..l00N. Y.Lifeit Trust.lOOUnion KiQUnitPd States lOi.>?BSt!IS!i»rH>NS,HIKH'IS, &C.

Atl. & Pac.,blks.35p.eBu.N.Y.&P..sub?.60ii.cC.H.& I). .pool cert.,guDen.& R.G.W.,Rubs.,exMex. C. blk8.,Nn.2.85JMich. & Ohio, subs 5.3^

N.Y.W.8.&B.,snb8..80%OliioC. exbil. & stockOregon R y& N.,rightsOnt. & West., subs 83<Ore. Short L. subs.,80!e$10,000 blks. ex bds

Or.& Trans.,subs. 100do 80j

Rich. & Al.,subs., 100*Rich. & D., ei 6nb8.70%Deben., subs. $2,250

Roch. & Pittsb., subsSt. Paul rightsTex.&St. ry<>uis,8ub.90*Ii?IPKOVK,n»T icCONSTU'N €<»S

Am.K'y I rnp. ,cx b.&stkCent. N., J. Land ImpContinental Cons., 8.3*Cent.R'y Con6truo.70)tHHd.Riv.Contraot..40«Intenuat.Imp. Ex., 80JN. Y. Loan & Imp'mntN. Y. & Scranton Cons.North River Cons.. 90*Oregon Improvement

do 1 St M. bondsOriental ConsTex.A C'ol.Inip.,60n.c,

CJAS STOCKS.Bait. Consji. GasBoston Gaslight. . . 500East Boston 23South Boston 100Brookliuo, Mass... 100Cambridge, Mass.. 100Chelsea, Mass 100Dorchester, Mass. . 100Jamaica Pl'n.MasslOO[jawrenee, Mass. ..100Lowell 100Lynn, Ma.'^s., G. L..100Maid. & Melrose... 100ScwtonA Wat'u ..100Salem, Mass 100Fall !!ivcr 100Brooklyn, L. 1 25Citizens', Brooklyn. 20Metropolitan, B'klynNassau, Brooklyn ..25People's, Brookhni.lOWilliamsb'g, B'klyn 50Charlest'n,S.C.,Ga8.25Chicago G.,fe Coke. 100Cincinnati G. & Coke

.

Hartford, Ct., G. L..25Jersey C.& llobok'n 20People's, Jersey CLomsvillo G. L. ..

Central of N.Y 50Harlem, N. Y 50Manhattan, N.Y... 50Metropolitan, N. Y.lOOMunicipal 100Mutual of N. Y....100Sow york,N.Y....100.V. Orleans G. L. ..100N. Liberties, Phila.Washincton, Phila. .20Portland, Me., G. L.503t. Louis Q. L 50Laclede, St. Louis. 100Oarondelet.at.Louis 50San Francisco (4. LWash'ton CityG. L.20Georgetown G. L...25MANKFACT'ING

STOCKS.Am. Linen (Pall Riv.)Amory (N. II.) 100Amoskeag (N.H.) 1000Androscog'n (Me.).100Appletou (.Alass.J.lOOOAtlantic (Mass.)... 100Barniiby (Fall Riv.).Barnard Mfg. (F. R.)Bates (Me.) 100Boott Cot. (Mass.) 1000Border City Mfir. (F.It.)

Boston Co.(Ma8S.)1000Boston Belting 100Bost. Duck (.Mass.)70()Chace (fall Kiv.) .100Chicopeoi-Maas.) ..100Cocheco (N.H.).. ..500Collins Co. (Conn.).. 10ContinentaJ (.Me.). 100CrcB't Mills (F. B.)100Crystal Spr. K1.(F.R.).Davol Mills (P. K.) 100Dougl'sAxe (-Ma8S)100Dwiirlit (Mass.). ..500

Bid. Ask.

10212170

106

43x395

60

122141x400293450

IO212

ibois

74 14

10045 Is

40

11

1029090=8

463

103

idi'

MlSCELL,VNEOlIS.

100

75103

57

93

443e80329

10tjl«

1011331a8898120122I57I2

u\1291289 ij

103 1291%90 "8

1157480555060

1.3019323

155

1418098235190ISO1161238314

101

44 12807 1£

31107101 ki

13689981"

122125162809613090

116768260557017

157

HOi323ill7is5181255473.5

12OI22090I20I21270145

92 1»

20401181110100 12

18069011%79%

120725

291608011390100243191185118123831a

62325119

531a4315

12121001211280150

19520501201113161

185700I21480

121733

Everett (Mass.). ..100Fall Riv. Iron W. .100F. R. Machine Co. .100F. R. Meiitio Co. ..100IFlint Mills (P. E.) 100Franklin (Me.) 100Gl'be Y.MillsiF.E.) 1 00Granite(F.R.)....1000Great Falls (N. H.)100Hamilton (Mass.) 1000Hartf. Carpet (Ct.)lOOHill (Me) 100Ilolyoke W.Power. 100Jackson (N.H.). .1000King Philip (P. R.) 100Laconia(Me) 400Lancaster M.(N.H)400L'rel Lake JIUls (F. R.)Lawrence (Jlass.)lOOOLowell (Mass) 600Ix)wcll Bleachcry.200Lowell Mach.Shop.500Lyman M. (Mass.). 100Manchester (N.H.) 100Mass. Cotton 1000Mech.anics' (P. R.) JOOMerchants' (F. R.) 100Merrimack(Maas)1000.Metacomet (PR.) .100Middlesex (Mass.). 100Narragan.s'tt(F.R,)100Nashua (N. H.) ,300Naumke.ag (Mass.)103N. E. Glass (Mass.)375Newm.ai'ketPacific (Mass.)... 1000Peppcrell (Me.) 300Pocasset (P. R.)...100Rich. Bord'n(F.R.) 100Robeson (F. Riv.) 1000Sagamore (P. Riv.) 100Salmon Falls(N.II.)30OSandw.Glas8(Mass.)80Shove (Fall Riv.). 100Sla(le(Fal! Riv.).. 100Stafford (Fall Riv.) 100Stark Mills (N.IT.i 1000Tecumseh (P. R.).100Thorndlkei Mass. ) 1000Tremont&S.(Ma,ss)100Troy C. A;W.(P.R.|500Union C.Mf.(P.R.) 100Wam))anoag(P.R.) 100Wasliingt'n(Ma8a.)100Weed .Sew. M'e (Ct.)25Wcetamofl (F. R.)100WUlim'tic Linen(Ct)'23York Co. (Me.) 7.30COAI. A. iTIISCEI..iWININR STOCKS.American Coal (i!o

'„aribou Con. Min'g. 10Cent.Arizona Min.lOOColorado Co,al ,fe 1. 100Consol.Coalof Md.lOOHomcstake Min'g. 100Lehigh & WilkesMarip'sa L.&M.CallOO

do prof.lOOMaryland Coal.... 100New Central CoalOntano Sil. Min'g. 100Pennsylv.ania Coal .50Quicksilver Min'g. 100

do prefr;:oi.D<V:siL,vE;KMI!MN<J ST«»CKS;(N. y. & SAN. FRAN.)Alice.\lphaCons(dG&S.100Alta Montiina 1 00American Flag 10Aniio 10Bassick 100BechtelBelle Islo 100Bodie 100Buldoniingo 50Bullion 100Bulwer 100Calaveras 1

Caledonia B. H....10UCalifornia 100Cherokee 10Chrysolite 50Chollar 100CUmax 10Consol. Imperial ..100Consol. Pacific 100Consol. Virginia. . .100Crown Point 100Dunderberg 10DimkinEureka Consol 100Father DeSmet .. 100Findiey 1

Gold Placer 25Gold StripeHoodshawGould ii Curry SGreat E.astorn...Green Mountain.Halo & Norcross.IliberniaHortenseHiikill 5[ndoiiendence lOtiIron Silver 20Lacrosse 10I.,eadvil)e Consol 10Little Cliie.f 50iLitllc Pitts[Mexican O. i Silv.lOO

100100.. 1

.10100

.'.16

Bid. Aek,

120

109

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545550

1625"710235943103125X1300

1301190

220

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* Price nominal; nolate transaoUons. f Parohasor also pays accrued iat t In London. 5 (Jujtatioa per share. H Premium.

Page 25: March 3, 1883, Vol. 36, No. 923 - St. Louis Fed · 0jllinttt: xmm hunt'smerchants'magazine, ftffiprbsbntinotheindustrialandcommercialinterestsoptheunitedstates vol.36. newyork,march

MAlien 8. 18^8. J THE OHRONICLK, 249

GENERAL QUOTATIONS OV SPOOKS AND BONDS—Cokclodko.For Bsplanatlon« See Note* at Haad of First Paxe of Qaotatlona.

MufiNO Stock*.

MOOHO 10Wiioso SilverMono 100Navulo 100NortUern Bi'UoOplilr 10PotosI 100Bnppuliaiiook 1KiMl Kli'plmut 10Kl8lll«KllIl 5K(il>iiiHi>n Consul.. SOSierra (-JrandoSlPniiNi'vadB 100eilvt-r C'liir ROSouth intc. now ...25South I'm-lllo

SprliiK Valley 1Bumdiira 100Tip Top 100Tiiscnrora 100UnadilliiUnion Coiisol 100BUSTOIV iniNING

A110UC7, a.'i

Atlantic "25

Blue mil (Mc.) 10Brunsw'k Antimony.

5

Calumet ii H«oia...2,'iCatalpn Silver 10Central 25Copper Kails 50Dana 25Douglas (Mc.) 5Dimonn Silver 20l^anklin 2.'i

Harshaw Silver 20Ilurou 25Mo.inard 23Minnesota 25National 2.5

Oseoola 25Pewablc 25PUenix 25Oiiincy 25KidRe 25Silver I«let 25SiUnvan(Mc.)SUTorlOWinthrop 25BANK STOCKS,

BAI.riMOKE.Bank of liaiumoro 100Bank of Commerce. 25Citizens' 10Com. &. Fai-rjers'..10OFanners' B'k of Md.30Farmers' ct Morch..40FarnierB'APlanler8'25First Nat. of Bait.. 100Franklin 00German Amorloan.Howard 1

Uarino 30Mecbauics' 10Merchants' 100Katlonal K.^cli'ge. 100People's 2Second National ..100Third Natioual....lOOUnion 75Western 20

BOSTON.Atlantic 100Atlas 100Blaokstone 100Boston Nat 100IBoylston 100Broadwav 100Bunker llill 100Centi-al 100aty 100Columbian 100Coraiuercfl 100Commonwealth . . .100Continental 100Eagle 100EUot 100Exchange 100Everett 100Faneiiil Hall 100First National 100First Ward 100FourtU NaliouaL.lOOFrcomans' 100Globe 100Uarallton 100Hide .t Leather. ..100Howard 100Manufacturers'.. .100Market 100Market(Urigliton) .100Massachusetts 250Mavei-lck 100MoohanicH' (So. B.)100Morclianilise 100Merchants' 100Metropolitan 100Moninnent 100Mt. Vernon 100Now England 100North 100North America 100Old Boston 50People's 100Kertcmptlon 1(K'Bepu'jlle 100Eevero 100Eockland looSecond Nat lOOSoonrity looBhawnint looBhoeA Leather. . . .100Btate 100

Bid.

•oa1-90

2«s13

A«k.

4 00n-50 i'cvbo

301)l-2ft

•10•0« •07•05 •O.'*

105 1102-703-80 ^•25•41 •43

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b'^bo 6-501'75

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Illno128

Bank Btoors.

Baflolk 100Third Nat 100TroderV 100I'renioDt 100CInion 100Washington 100Webster 100

BKOOKLYN.Atlantic (State)BrooklynFirst NationalFtiltonCity National(ToinincrdalIx>niC Island.Maniifavturei's'.MecUaulcs'NassauBrooklyn Trust

CIIAKLESTON.B'kof Chas.(NBA)100First Nat. Chas.. .100People's National. 100

CHICAGO,Chicago Nat 100Uoninic'icial Nat. . . 100First National 100Hide anil LeatherHome National ...100Merchants' Nat.. .100Nat. B'kof Hlinols.lOONorthwestern Nat. 100Union National 100Un.Stock Y'ds Nat.lOO

CINCINNATLCitizens' NationalCommercial BankExchange .Nat. Bank..First NationalFoiu^th NaticmalGerman NationalMerchants' N.itional..Metropolitan Nat.Vat. I^il.itBk.of Com.Second NationalThird National..Union NatWestern German Bank

HARTFORD.EtnaNat 100American Nat 50Charter Oak Nat. . 100City Nat 100t'onnecticut River SOFar. A; Meeh. Nat. 100First Nat 100Hartford Nat 100Mercantile Nat 100Vational Exchange. 50Phcenix Nat 100State 100

LOUrSVlLLE.Bank of Kentucky 100Bank of LoiiisvillelOOCitizens' National. 1()(

City Nat 100Falls City TobaccolOOFanners' of Ky ...100Fanners' & Drov. .100First Nat 100German Ins. (io.'s.lOOGerman 1 00Gennan National. 100Kentucky Nat 100Louisv. Banking Co.40-Masonic 100Merchants' Nat. ..100Northern of Ky . . .100Second Nat 100Security 100Third National.... 100Western 100West. Finan.C'orp.. 100NEW ORLEANS.

Canal & Banking. .100

Bid. Ask.

tiqi« 119971s on84 85118 1191444 146120li) 1'28

1091s 110

380 185123 I '27

255 2:0125 130260 280115 1'20

110 11590 100

200 205180 190105 175

971501'20

12026017013060325145

300

145 l.-iO

130105 10822.'> 230172 175120 122130 135126 130190 20013 7

146 iltiii124 125IO7I3

125 1.S070 75130 14288 9150 51135 140113 12117.*) 177125 13070 75166 170103 UO147 148

88120 127125 128

Bank BTocxi.

89105105162106112135146218126136111105149

110111

131

1G3

113

147220127137

106150120

112

136I22I2(Citizens' 100:xllS

Germania Nat lOOi 131i3'14')

tliljernia Nat 100 125(.ouisiana Nat.. .. 100 125.Metropolitan 103VlntiialNat 100; 120Vew Orleans Nat. . 100People's 50State Nat 100Union Nat 100

NEW YORKAmerica 100\mcrican Exch'gelOOBroadway... 25Bntchers'it I)rover923Central NatiimaL.lOOCha.se National 100Chatham 25Olieiuioal 100City 100(Jitizens' 25Commerce 100Continen tal 100Corn Exchange ...100East River 25Eleventh Ward 25First National 100Fourth National. . . 100Fulton 30Fifth Avenue 100aallatin National ..50>jonnan American. .75Bermania 100Grexjuwieh 25(Jrocers' ; 30Hanover 1(X)'mporters' Sl Tr...lOOIr'inst .50

190SB's136140

151125

;252is

ti'ii';i85

tU7150

;uo

164

1371426013?

140127112125200631421s141

152130

150

120

125

97

Bid. Aak. iMvitAJicc Stock*. Bid. Aik.

2C5

Leather Mannfts .. 1 00Manhattan noMarine 100Market 100Meoboiilcs' 2:

Meohanloa'A Tr.. .25MeroanUlo KM)Merchants' .50

Merohanta' Exoh'geSOMotropoUtau 100Nassau 100New York 100N. Y. Nat. Exch'gelOONew York County . 100Ninth National. ...100North America 70North River .50

Oriental 25Paolflo .50

Park 100People's 25Phenix 20Republic 100Second National.. 100Seventh Waid 100Shoe & leather.... 100St. Nicholas 100Stateof N. Y 100Tn-vdesmeu's 40Union 50United States Nat.

.

Wall StreetNat 50PHILADELPHIA «

B'k of N. America . 100Central National.. 100City National .50

C(«mnerc!al Nat 50Commonwealth Nat 50CtnisoUdation Nat. .30Corn Exchange Nat.50Eighth Nat 100FlrstNat 100Farraera'AMech.N.lOOGirard National 40Kensington Nat 50.Manufacturers' Nat

"

Mechanics' Nat 100Merchants' NatNat. B'k Comtucrco.50Nat.B'kGcrniant'n.50Nat.B'kN. Liberties 50Nat.B'k Republic. .100National Security. 100Penn National 50People's 100Philadelphia Nat . . 100Second Nat 100Seventh Nat 101SixthNat 100Soiithwark Nat 50Spring Garden 10022d WarJ .50

ThirdNat 100UnderL'roundUnion Nat 50Western Nat .50

West Philadelphia.lOOPORTLAND, ME,

Cumberland Nat.. .40Canal Nat 100Casco Nat 100FlrstNat 100Merchants' Nat 75National Traders'. 100RICHMOND, VA

City Bank 30First Nat 100Merchants' Nat... 100Nat. Bk of VirgiuialOOPlanters' Nat 1 00State Bank of Va.lOO

ST. LOUIS.B'k of Coiumernft. . 1(K'Commercial 100Conlineutal 100Fourth National ..100Tutemattonal 100Mechanics' 100Merchants' NatSt. I,.ouis National. 100Third NatiiMial....]00Vallev Nation.il...l00SAN FRANCISCO.

Bank of California..Clay StreetFlrstNat. Gold.... 100Nat.Qold BankiTr. CoPociflcFIRB INSIIK'CE

STOCKS.BALTI.MOUK.

Associate Firemen's. 5Baltimore Fire Ins. 10Firemen's Insur'co .18Howard Fire 5Maryland Fire 10Merchants' Mutual. 50National Fiie 10

BOSTON.Amorloui F. & M . . 100Boston 100Boylston 100Commonwealth. ..100Dwelling Hoti8o...lOiEliot 100Firemen's 100Fi'anklln 100Manufacturers'. ..100Mass. Mutual lOOMercantile F. <fe .M.1(K)Neptune F. 4 M...IOONorth Americau ..100Presoott ., ion

150

140130145;H8

ids

i«o';i3o

tl20

h34'135150160;130{lOO130

100

{130

ri53

IftS

145

112117

!.7

109

149

103

UO

290

1125934

1.5001

12060

65

22.S

14085

139 If

841a7527% 28 la

120

160135

63

220

120

7095115

59KiO160H>4118159

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143 145130 13510> 10680 85106 108126 12s14.'. ig HO50100 101119 12013) 13 i

lOri lo7105i» 10610'» inou.

8bD« A Leather. . . 1 00Woshlnirton 1(X)

CIN(;iNNATr.Aoia/.on(new stock) 20AuroraCincinnati 25<;itl»ins' 20Commeroial 25Eagle 100Enterprise 30Eureka 20Firemen's 20Germanla 30Globe 30Merelinnts'A Manuf 2'i

Miami Valley 50National 100SeeurltyUnion 20Wasliington 20Western 25HAKTFOBD, CONN.Etna Fire 100Connecticut lOdHartford 100National 100Orient lOoPhoenix 100Steam Boiler 40

I-ONDON.Commercial Union.£5Guardl.in 50Imiicrial Fire 25Ijincashire P. A L..25Ix)ndon Ass.Corp.12isLiv. A Ix)nd. &Globo.2."Jorth'nFlreA Life..

5

North Brit. A Mcr. 8%Queen Fire A Life.. .1Royal Insurance 3NEW ORLEANS.

Crescent MutualFactors' and Traders'.Firemen'sGenuanianibemiaHoiueHope

,

Lafayette,

Merchants' Mutual ..

Mei^hanica' A TrailersNewOrleans Ins. AsH'nSew Orleans Ins. Co .

People'sSun MutualTontenia

NEW YORK.American .50

American Exoh...lOOBowei'y 25Broadway 2Brooklyn 1

Citizens' 20City 70Clinton 10<i

,C<«umerclal .50

Continental lOOEagle 40Empire City 100Exchange 30Farragut .50

Firemen's 17Firemen!s Trust 10Frank.AEmp'ium..Gerinan-Araerican 100ticrmania 50Globe 50(Jrocnwicli 25(juardlan 1(X)namilton 15Hanover 50HofTman 50Homo 100Howard ,50

Importers' A Trad. .3<Irving 100J effersou 30Kings Co. (B'klyn) .20Knickerbocker 30Lafayette (B'klyn) .50l>nmar 100Umg Isl'd (B'kl3-n).50L(u^lliardMauiif. A Bulldors'lOOManhattan 100Mech. A Traders'. . .'25

Mechanici' (B'klyn),5o.Mcicantile !A>.MiMchants' 50.Montauk (B'klyn).. 50Nass.'Ui (B'klyn) .50

National 3714New York City.v. Y. Equitable 35New York Fire.... 100Niagara 50North River '25

PttOitlo 25Park 100Peter Cooper '20

People's 50Phcnix (B'klyn) ....50Relief 50Rcpuullo 10(

Rutgers' 100Standard ."So

St»r 100Sterling lOii

8ruvvo.sant '2.5

rnole^unn's '25

Uuite<lStaU9a '25

Westchester 10wi 11 iitmsliurv Clr» . .V

«0136

97

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135!»850

* Price nominal ; no late trarsMtions. i Lost price this week. { (quotation per share.

Page 26: March 3, 1883, Vol. 36, No. 923 - St. Louis Fed · 0jllinttt: xmm hunt'smerchants'magazine, ftffiprbsbntinotheindustrialandcommercialinterestsoptheunitedstates vol.36. newyork,march

250 THE CHRONICLE. [Vol. XXXVI.

Jixwestmjewts

STATE. CITY AND CORPORATION FINAKCKS.

1880.$

17,6r.(5,O0O1,534,034

21,501

1881. 1882.$ $

17,923,000 17,919,0001,S29,2G4 1,83). .'564

17,965 1,000

The Ikvbstobs' Sopplbmest contains a complete exhibit of the

Funded Bebt of States and Cities and of the Stocks and Bonds

Of RaUroads and other Companies. It is published on the lant

Saturday of every ciher month—mz., February, April, June,

Augiist, October and December, and is famished withtmt extra

eharge to all regular subscribers of the Chronicle. Single copies

are sold at f3 per copy.^^^

ANNUAL REPORTS.

Pliiladelphia & Frie Railroad.

(For the year ending Beceinber 31, 1882.)

The report says that the item of |46,835 found in the state-

ment of expenditures embraces the taxes upon loans and

bonded indebtedness from the passage of the present tax law,

on the 7fh of June, 1879, until the first Monday of November,

1881, about two years and a half. After the passage of this

act, a do-bt arose as to its legality in so far as it required the

company to retain the tax on loans and bonded indebtedness,

and in the fall of 1881 the Pennsylvania Kailroad Company, for

itself and companies in which it was intere.sted, effected an

arrangement with the State authorities by which certam mat-

ters of dispute, as to the amounts properly returnable if the

law was valid, were adjusted. The tax was paid under a written

stipulation signed by the Board of Public Accounts, providing

in substance that if the courts should decide the act to be inap-

plicable, then the amount so paid should be credited on other

and valid taxes accruing first after the date of such decision.

Litigation with other companies upon this question has

resulted in decisions in the Court of Common Pleas of DauphinCounty holding the act invalid, and an appeal is now pending

in the Supreme Court from the judgment of the lower court

aforesaid. Should the decision of the lower court be sustained,

the company will be entitled to a credit on subsequent yearly

" The anthracite coal tonnage decreased 2'4 per centum. Thebituminous coal traffic has maintained the large increase of the

previous year, and added 11'3 per centum thereto. The oil

traflic shows an increase of 177 per centum, recovering the loss

of the year 1881, and showing an increase of 15'6 per centumover 1880. The tonnage of agricultural products (grain, &e.)

shows a reduction of 9 5 per centum. On freight the receipts

per ton per mile were 6 1-10 mills, an increase per ton per mile

of 61-100 of a mill, aggregating on the whole tonnage the sumof $311,364. The cost per ton per mile was 4 3-10 mills, anincrease of 15-100 of a mill per mile."

The sta'isiies it traflic. earnings, income, &c., have beencompiled for the Chronicle as follows

:

1879. 1880. 1881. 1882.MUea owned 287 2»7 2S7 287

OI'EKATIONS AXD FISCAL UESULTS.

Operations- 1879. 1880. ISSI. 1882.PasseiigeiBcanied .. 44'.»,102 .'i9S,5T0 775,.'i49 1.047,594Passengir mileage... 11.5(>2,G53 14.792,169 18.274.493 2-.',202,7C5Rate « iiass. ^ mile. 2-9.'j cts. 2-912 els. 2-954 eta. 3-001 cts.

Prelgfit (tons) luov'd* 4.130.12il 4,bG1.4(i3 5.277,05G 5„'i79.35;i

FrclRht (Hi6) niil'ge*. 503.918,017 559.2'«0,067 195,395,306 510,4S3,376Av. rate |» tun ^mUe O 51 ote. 0-56 cts. 0-554 cts. 0-G15cta.

3l0,3fi7 430,730 539,817 6('9,011^89,030 3,130,835 2,740,609 3,138,4.'iG16;.:.4ll 166,142 167.883 203,947

FundeadebUseeBci-- $I-LKMKM) 17,056,000

Unpiiid coups. & Int. 1,508.459MieceUaneous 10,904

TotalliaWlities.. "27,629,063 28,625,235 29,283.929 29,166,564

New York Outario & Western Railway.

(For the year ending Sept. 30, 1882.)

The report of operations as made to the State Engineer andSurveyor for the iiscal year ending Sept. 30, 1882, are presented

in a pamphlet report:

"The earnings from freight and passengers show an increase

of 25 per cent over the previous year. The improvement of

the road and equipment, in anticipation of increased traflic to

result from the extension of the operations of the companyfrom Middletown to New York, has been, during the whole of

the past year, steadily and vigorously prosecuted." The ex-

pectation that the railway building between Middletown andWeehawken would be in operation before the close of the fiscal

year was not realized, but the difficulties in construction have

been overcome and thetrack was about completed on the first

of March, 1883.

The construction of the new line is of a most substantial

character, and when opened for business can be operated at a

lower cost than if it was poorly constructed. Terminal facili-

ties at Weehawken, said to be equal to those of any of the

trunk lines terminating at New York harbor, are being provid-

ed, and will be ready for use when the connection is made andthe road opened fortrafflc.

Under the head of "cost of road and equipment" for the year

1881-2 are embraced the following expenditures: Grading andmasonry, $103,076; bridges, $99,904; superstructure, $113,036;

passenger. and freight stations, building.s and fixtures, $60,308;

engine and car houses, machine shops, machinery and fixtures,

$16,740; land, land damages and fences, .$53,960; locomotives,

engines and fixtures, $42,384; passenger and baggage cars,

$10,503; freight and other oars, $198,051; making a total in

the year of $703,967. In 1880-81 the expenses on same account

were $495,377. The road and equipment were purchased bythis company on the reorganization, and paid for in the com-mon and preferred stock of the company, issued pursuant to

the plan and agreement inserted in the certificate of incorpora-

tion filed in the oflSoe of the Secretary of State for a sumamounting to $51,010,778. making the total nominal cost to

Sept. 30, 1882, $!)2,210,122.

Following are the statistics of operations and earnings, andthe general balance for two years:

UOAU AND EQUIPMENT.1880-81.

Miles owned and operated 345

Locomotives 7.'?

Piwsenger, mail mid express cars GOFreight cars 1 .042

Coal and all other cars 437OrERATIOSS AND FISCAL HESUI.TS.

Operations— 18P0-S1.Passengers eart-ied 326.670Passenger niileuKO 7,251.209I-"relght (tons) moved 848,513Freigbt (tons) mileage 19,511,452Earnings—

Passenger $180.1.52Freight 4(39.156

Earnings-Passenger ..

Freight 2,;

Mall, express, &c

Totalfiroesoaru'irs. 3,603,808 3,727,733 3.454,309 4,011,414

* Does not inelndo company's frcisht.

Ojieralinp expenses— $ $ $ $Malnt'nee of way,&c. 605,796 610,534 654,890 691,173Mot. powf-r & equip. 8.18,690 977,902 9il7,170 l,0:)7,3-.i2Transportal'uexp'us. 665,773 763,!)17 777,999 871,039

Total (incl. taxes)..

Net earnings

F.c. of op. ex .to earn.

Reeeipts—Net earnings.Kents

2,130,269 2,358,353861,549 l,36n,3i!0

6800 C3-20INCOME ACCOUNT.1879. 1800.

901,5492.292

Total income 963,841I>i8bnrsemenl8— $

Interest on delit 1 ,093,7-;Interest on equipni't. 163,019Extraordin'ry expcn.Miscellaneous 39.410

1. !ti9,3804,840

L-,4:!0,059

1 ,024,250

70-30

1881.$

1.024,2504,835

1,374,220«

],093,7?0IGJ.'JOO106,56737,S06

1,029,C8j

1 ,077,99516.'i,315

135.27845,710

2.599,531

1,411,8S064-80

1882.

1,411,8,503.586

1,415,466$

1,062.270160,410

1)5,087

Total disbursements. 1,29d,179 1,399,793 1,424,328 1,317Balance, deficit 332,338 25,573 395,213 sur. 07

GENEBAL BALANCE AT CLOSE OF EACH FISCAL TEAK.

,699

1879.«

26,170,101.',.373

14,3651,4:'3,224

1880.

10,189,6984,r66

1.^,0172,415,954

AtMis—RR., bldgs.equlp ,&p.8to(>!!s & li'de owned.Cash on handProlit and lossMlgcellaneQus items.

Total assets 27,629,063 28,G-25,2b5 29,283,929^11661564Habililies— !8 ^ $ ' $

'

Stock, rpmmon...... 6,053.700 7,013.700 7,013,700 7 015 oooStock, prelerred 2,400,000 2,400,000 2,400,000 iUooiooO

1881.$

26,186,1635,ii78

14,8143,07 3,'i44

4,000

18''2,

$26,186,163

6.^301.397

2,971,0681,000

J75.737

$J25,015

$204,658141,3S8361,455

Mail,' express, &c..

Total gross earningsOperalivfi erpensf.s—

Maintenance uf road and real estateMaintenance ol inaehiueiy and carsTransportation expenses

Total iit707,5<U

Net Ciii-nings $217,544GENEKAL nALANCE AT END OF EACH FISCAL YEAI!

Assets— 1880-Sl.Cost of road and equipment $31,50i;,155Cost of other lines owned 4,865,917Cash and demand loans 3,591.150Individual accounts 212.890Oilier railroad comiianies 3,355Kails, fuel and suiiplies on hand 525,698

1881-82.3157360

1,138674

1881-8:.3U1.45S

8,392,845460.526

30,687,380

$211,789005,478219,297

$1,036,564

$-50,740171,877425,656

$848,273$188,291

1831-82.$52,210,123

7,90J,934621.49785,4882.330

731,068

$60,705,274 $61,554,440Liabilities— ^ „„,^

C-ipital stock, common $58,113,983 $58,113,983Capital stock, pr.fened 2.000,000 2.000,0()0

Pay rolls and aecounis unpaid 326,210 ^^i'V.IOtlieri-ailroad coinpaniei 3.938 -'}oaIndividual accounts 290 17,1-9Prolit and loss 260,8.)3 535,o4&

~~"$61,554,410

NEWS.$60,705,274

GENERAL INVESTMENTAlbany & Susquehann.i.—The Delaware & Hudson Canal

Company, the les.sHe of this railroad, in ita application to the

New York Stock Exchange, makes the following statement:

In April, 1876, the company executed a first oimsrd^dated mortgag^on its entire property and franchises, to sc<-urc bonds to the extent oT

$10,000,000; piiiuipal and interest Ruai-nnt?ed liy the. Delaware *Hudson Canal Company; guarantee endorsed tliercon. Bonds datedApril I, 1876, payabo April 1, 190(5, each $1,000.

,.

These bonds were listed at the Ex hange May, l<~'", as " 7 per cents.

Nos. 1 1 1 3.000 inclu.sivo, amonutliig to $3,000,000. liavo been issiiea

at 7 per coul; interest.Nos. 3,001 to G.OOO inelusive, amounting to $3,0il0.000 m;)ro. are

Issued .and to be issued at 6 p. c interest. CDUpons .\pril and Oct.bor.Tlie present application is to have the $3,0^0,000 of G per cent bouds

placed upon the list.

—A resolution was adopted at a meeting of the board of

directors of the Albany & Susquehanna Railroad to publish tl •

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March 8. IBtS J THE CHRONICLE. 26 J.

fact th»t connfprfeits of the Rcrnnd raortgage bondo of thncompany hail been dHtfct*«cl. TIih wholH iiwiiH of th" secondm "

I...ni!H ntnounts to S'l.OOO.OOO, and Ihnre are out-«• 700,000. The board of directors decldnd to aok thehii,,,, . . : : (iresi'iit them fur vcrifleatloii. Holders who dt'slre

will receive par and interest for their booda, or the consoli-

dated first m'Ttgaffe bomLi will be issued in place of them.All classes of bonds bear 7 per cent interest. The secondmortga^^re, amounting to $2,D"0,000, falls due in ISSfi; theflrst mortjf^iffe. $1,000,000, in 188.'5, and the consolidated first

mortgage, ?H. 000,000, issued to take the place of the other twoclasses, in 1006. By ihi-< arrangement the second mortgagebonds can be entirely paid off and trouble from connterfeitji

AToided. There are several di.screpancies in the counterfeits.

Including the color of the paper, and the signatures. PresidentDickson of the Delaware & Hudson Canal Co. said no couponsof the counterfeits had been offered.

Atohisnii Topeka & Smtti Fe.—Application was made to

place on the regular list of the New York Stock Exchange thesecond issue (first series) of 6 per cent sinking fund securedbonds of this comoanv. These bonds are numbered 5,001 to6,800. of Jil.OOO each, in all $1,500,000; dated Dec. 1, 1881, pay-able Dec 1, 1911; bearing interest coupons paj'able semi-anna-ally on June 1 and Dec 1, at 6 per cent per annum. They aresecured by the indenture of trust with the Boston Safe Deposit& Trust Company, trustee, referred to in the application ofthis company dated June 30, 1882, for listing Nos. 1 to 5.000;adopted Sept. 27. 1882.

By rote of directors the period of the second issue ofbonds under said indenture was fixed at thirty years; the rateof interest at 6 per cent per annum; and the maximum price atwhich said issue of bonds shall or may be purchased by thesinking fund, and the rate at which they shall, if drawn, be re-

deemed by the sinking fund, and also the maximum purchasingprice under the provisions of section 4 of said indenture, at$1,050 for every $1,000 par value, that is to say, at a premiumof 5 per Cent. By vote of directors the amount now appliedfor, $1,500,000, was authorized to be executed and negotiated."

Boston Clinton Filchbnr? & New Bedford—Old Colony.—The proposed terras of consolidation between this road andthe Old Colony are o.i the basis of one stiare of Old Colony forone share of Boston Clinton Fitchbnrg & Hew Bedford pre-ferred and one share of Old Colony for 2% shares of BostonClinton Fitchbnrg & New Bedford common, the whole to beplaced on the same dividend basis. These terms have been

. agreed upon by comnaitteea representing a majority of theinterests, and it only remains for the stockholders to confirmthe agreement. Special meetings of both companies to voteon consolidation have been called at the United States HotelMarch 3 and 5, the New Bedford road meeting on the earlier

date. Said onsolidation is authorized by the act of March 16,

1882, on such terms and conditions, and with such guarantees,as may be mutually agreed upon by said corporations at meet-ings of the stockholders thereof duly called for that purpose,and, with this view, the former (Old Colony) corporation is

further authorized to purchase and hold the stock of the Bos-ton Clinton Fitchburg & New Bedford corporation, provided,however, that the assent of the Boston Clinton Fitchburg &New Bedford Kailroad Company to such union shall be givenby a majority interest of the holders of preferred stock and amajority in interest of the holders of the commoYi stock. Thecapital stock of the Old Colony company, at the time of said

onion, is limited by the same act to the amount of the authorizedcapital stock of the said two corporations, but after the unionit IS empowered to increase its stock to $12,000,000, the newstock to be issued in aeci>rdance with existing laws, and theproceeds to be applied to the reduction of the company's debt,to providinij additional equipment and improvements of its

railroad and other property.

Bonton Herald.

Bnffrtlo New York & Phnadelphin.—This company haslisted at the Stock Exchange its consolidated Hrst mortgageforty-year gold bonds. These bonds are an issue of $11,000,000,and are secured by a mortgage executed to the United StatesTrust Company as trustee. " These bonds are dated July 1,

1881 ; interest 6 per cent, payable January 1 and July 1 ; prin-cipal dne July 1, 1921; numbered 1 to 11,000, each |1,000; inter-

est and principal payable in New York. Four million dollars ofthese bonds are reserved by the said United States Trust Com-pany for the retirement of a like amount of outstanding divi-sional bond-i, which are a prior lien on 120 miles of old roadfrom Buffalo to Emporium, which has been in operation since1873. The consoliiated ra irt^a^e is a first mortgage on 205miles of road exclnsive of sidings, and upon the redemption ofsaid $4,000,ft30 divisi >nal bonds, will be a clean first mortgageon the entire road of 333 miles Cor 372 miles with sidings).This mortgage covers also the Buffalo Coal Company's verylarge and valuable property of 16,000 acres of coal lands andthe improvements thereon."

Central Pnciflc.—The following statement of income accountfor 1882 was first published in Bostxjn. Some of the items aresaid by the officers in New York to be inaccurate, bat the mainfigures, those for gross earnings and operating expenses arecorrect. The statement is aa follows:Qrosa caniintts $25,662,757Eamlnes steamer (liv 2,439,291I&teicat on einkliiK fond 281,260

Total ^5,964,502Expendilures—

Oi)eratiug ehpciises $16,067,183Qeneral expouaes 330,616

'•^ ^ •2tn.75l,<J'»

ng 1B.«79Ti"' 44H,ii05KtiicnMiH luud (Icpartmont 23.700Interi-iit 3M'i.H3Compauy'H alnklntf fund and Intoreat paid U. 8.. 1,100,00(1

Total «32,«79,04O

BiirpInB avallabl* for dlridendii 98,384,S4ISMIU>aopitrnt«d... 8,291The capital stock of the company amounts to $69,t>76,500.

Chnrlotle Columbia & Angnsla-Columbia ft UrMBTlIIe.—At Columbia, S. C, Feb. 24, the directom of the CharlotteColumbia & Augusta and thn Columbia & Greenville railroads,which are controlled by the Clyde syndicate, met and consoH-dated the management of the two roads and their |branchesunder one administration. The following officers were elected

:

President, A. C. Haskell, of Colnmbia; Assistant General Jlan-ager, Peyton Randolph, of Richmond ; Auditor and Secretary.Join Craig, of Colnmbia ; Treasurer, John C. B. Smith, ofColumbia. This consolidation embraces 486 miles of broad-^auge and 85 miles of narrow-gauge track.

Chesapeake & Ohio.—The results of the year's business onthe Chesapeake & Ohio Railroad show the effect of the openingof its Western rail connections and extension to Newport News,on Chesapeake Bay. It will be seen that while the gross earn-ings show an increase of nearly $630,000 over the year 1881, theexpenses increased but $35,000, making an increase of $394,588in net earnings. The connections and extension were not fullyopened for revenue traffic until about July 1. The net earn-ings for the year, $1,032,528, show a sarplns over interestcharges of over $300,000. The following is the statement indetail:

EARNINGS.1881. 1882. Increase. Deereate.

Frelglit ?3.106,59l $2,000,538 $4(>3,947I'asgengera S04,204 024, f). (8 120,393 :

Exuiean 31,392 31,4:tl 42.Mails 3B.827 ,'5I,0.")9 15,133MIsoeUuueous 26,327 20,440 118

Totals $2,705,343 $3,334,970 $629,633EXPKNBE8.

Transportation $:-)42.D39Maintenance of way, iSiC 740,947Maintenance of e<iiilii 408.588General oxpoDBea 174,928

$1,164,365 $221,426 9531.549 209,397425.701 17,113180.831 6,903

Totals $2,267,403 $2,30J.448 $35,045Netearnings $137,939 $1,032,5^8 $594,588

Colnmbns Chicago & Indiana Central.—Judge Drnmmondhas directed Master in Chancery Fishback to make the UnionTrust Company of New York the deposit ^ry for $405,789 76paid by William L. Scott, Charles J. Osborn and John S. Ken-nedy, upon the first mortgage consolidated bonds of the Col-umbus Chicago & Indiana Central Railway Company, and hasauthorized the Master to distribute to holders of bonds andcoupons the amounts due them. The purchase money to bedistnbuted will pay the coupons and interest and $778 15 oneach unpresented bond in addition, leaving $221 84 of theprincipal unpaid.

New York World.

Colnmbiis & Hocking Ynlley Coal & Iron Company.

A press dispatch from Columbus, Ohio, March I, said : "Par-ties representing the Columbus & Hocking Valley Coal & IronCompsny consolidation have been in session for two days,closing up the business and getting ready for operations. Thecapitju stock of the company is $5,000,000, with an estimatedcash basis of over half that amount. The consolidation electeda board of directors, which organized as follows : SamuelThomas of New York, President ; T. Long.streth and WalterCrafts of Columbus, and J. R. Buchtel of Akron, Vice-Presi-

dents ; S. Churchill, Treasurer, and H. D. Tnrney, Secretary.J. S. Farlow of Boston is a member of the board of directors.

The company represents over half the working force of theentire Hooking Valley."

Eransvllle City.—A meeting of the bondholders of the city

of Evansville was held to-day at the Morse Building, No. 140Nassau Street. The meeting was convened for the purpose ofgetting an expression of opinion upon a letter from MayorBridwell, of Evansville, which stated that the people of thatcity conld no longer bear the burden of the present rate ofinterest upon their bonded indebtedness, and asking for areduction from 7 per cent to 4 per cent. Mayor Bridwell andMr. J. E. Williamson, counsellor, appeared for the people andadvocated their cause, stating the total bonded indebtedness ofHvansville to be $1,651,000. More than half the amount ofbondholders was represented, and the general feelinar

appeared to be that Evansville was rich enough and prosperousenongh to pay its just debts in fall. After considerable discus-

sion the bondholders declined to accede to the arrangementasked of them without further consideration. They agreed to

meet the Mayor, after they had duly consulted with oneanother, at some future AbX«.—Evening Post, Feb. 27.

Hannibal & St. Joseph.—The ease of the Hannibal & St.

Joseph Railroad, verisus the State of Missouri, in connecUoawith the $3,000,0(W bond cjse, about which there has been so

mnch litigation during the past year, was before Judge J. K.Cravens, Master in Chancery, in Kansas City, on the ai»t.

Judge J. F. Dillon and Elihu Root of New York, and WoodEasley of Hannibal, represented the railroad, and Attorney-

General Mclntyre the State. James Cravens, as referee, will

report to United States Judge MoCrary in March, and upon hia

report a decision will be rendered.

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252 THE CHRONICLE. [Vol. XXXVI.

Oioss NetEarnings. Earnings.$U,«B0.533 $'J,!i72,071

•1,116,000 M00,720

Kentucky Central.— The Cincinnati Commercial reports

tliat. negotiations were perfected for the sale of $1,800,-

000 thirty-year bonds, the full amount of additional bonds to be

placed upon the market. The amount realized from the sale

of the new bonds will put sufficient money in the treasury

to liquidate that part of the bonded debt, amounting to

^780,000, which is payable March 1, and will leave a balance of

cash on hand sufficient to complete the road to connect with

the Knoxville extension of the East Tennessee Virginia &Georgia system.

Lawrence.—The report of the directors for the year 18?2

showed that the road carred 934,350 tons, as against 7S5.773 in

1881, and 59,969 passengers, as against 41.936 in 1881. The re-

ceipts from the carriage of passengers and freight were $226.-

910, as against $193,100 iu 1881. After providing for all

expenses, a dividend fund of $30,114 is left, equal to 14 percent.

The assets of the company are $917,234 and the liabilities

$806,945.

LoniSTille & Nashyllle.—The comparative statement of

earnings and expenses is as follows:

. 1831-32 , 1882-83Cross Net

Earnings. Earnings.JulyltoDoc.31 $o,8(>6,«45 $^,241,049January 9(31,5i;7 343,19(i

* Approximate.

Hanhattsin Elevated—Metropolitan Elftrated —JudgeBarrett, in his recent decision, declared void the so-called

merger agreement entered into by the directors of the three

elevated railway companies, and suggested to the counsel of

the opposing companies that they should agree upon someform of an order which would enable the Manhattan Companyto pay to the other companies the rental due them, but whichwould at the same time be incapable of any construction favor-

able to the validity of the merger agreement. The counselpresented orders to Judge Barrett which were entirely

antagonistic, and Justice Barrett decided simply to grant theinjunction against the carrying into effect of the merger agree-mentas asked for by the A:etropolitaa Company. The companywas required to give $50,000 additional security.

Mexican Central.—In Boston it was reported, March 1, thatthe subscriptions received from shareholders of the MexicanCentral Railroad insured an excess of the $6,000,000 asked for.

Mntnal Union Tclegrapii.—Justice Barrett, in the SupremeCourt, Chambers, rendered a decision that the recent applica-tion of the Attorney-General for leave to bring an action in thecame of the people for the forfeiture of the charter of theMutual Union Telegraph Company should be granted. Theeubstaiice of Justice Barrett's opinion is as follows:

If the allegations against the company be true—and they arenot denied—the company's charter should be annulled and theAttorney-General would be derelict in his duty if he failed toproceed with the suit. The company, it is alleo'ed, unlawfullyIncreased its capital stock from $600,000 to $10,000,000. It is

also charged that nearly the whole of this $10,000,000 of stockwas turned over to the construction company—whose serviceswere worth about $4,500,000—for the purpose of evadisg thelaw requiring the capital stock to be paid up, and to enablethese contractors to divide the stock among the directors of thecompany who were interested in the construction contract. Ifthese charges are true, public policy demands that the Attorney-General proceed with the suits.

' The Attorney-General hasnothing to do with the motives of the relators, Gould andothers.

The Times reports that Mr. John G. Moore, the President ofthe Mutual Union Telegraph Company, said the decision ofJudge Barrett granting the application to bring suit to annulthe charter of the corporation would net interfere with thelease of its lines to the AVestern Union Company. The prop-erty would remain if the charter were annulled. The rentalin the shape of dividends on the stock, interest on the bonds,&c, was to be paid to the stock and bondholders of the MutualUnion, or successor company. The aggregate amount whichshould be pail was stipulated, and a reorganization could beeffected. If the stock should be reduced the dividends wouldbe increased proportionately, so nothing would be lost by theholders of the securities. The wording of the lease itself pro-

'i I, ^ ^""'^ ^ contingency. Dr. Norvia Green, the Presidentof the Western Union Company, did not regard the opinion ofJudge Barrett as a serious matter. By a reorganization of theMutual Union, in the event that its charter should be declaredInvalid, the arrangement between the two companies would beunimpaired.

- ^**7 York Lackawanna & Western.—This company pre-sented the following statement to the New York Stock Ex-cuange Committee on application to list its securities :

"Tlie road Pitenda from tlio city of BiUKhainton to theeitvof BnfTiIo

??n,*° 'fe I"ternatioual Bridfie ils^ mil-.s of road" du^ot?ackl steelrails. J lie company was organized AuKust 24, 18 -o. and leased to thoJDelawarc Lacka^vanna & Western Kailn.ad C,^,pany Oo.obir 2. 1882Ril>i.i'AB nr (1. linn •'..1..^ ..« a>i/xr-^ t' ^

moau.ary 1, lyni; Interest d per cent coupons•i,»»..„X,. ;V",';.~V

'—"•d"y antst mortgaiie upon the property. Bvrom^ m?v ih Y ''""' *" "'" '^<''a?""-c I^ckawanna & Western Sairoa^.n5^iS^^.^u""" '*'rr'^'J'"''""*« '^"''°K «'« continuance of the barter•nd all icn-'.wnls thereof, quarterly Interest at the rate of .-5 per cent irnrwinum upon the stock, and semi-annual Interest at the rate of finerceDtperannum ui«n the b.uds. The lessee oon.pany ,i»,umfa fia^^)llitle8ofthe^ew York I.ackawauna &. Western Railway C^nnnJvncludInK the pilDclpal of the above bonds. The lease w^ ratmedb^v20 1883

"" ^"^ oompaiiies at their annual meeting on Feb^

—The New York Lackawanna & "Western Railroad has justbeen opened through to Buffalo for local passenger business,though freight has been carried over the entire length of theline for some time. President Sloan said that it was not intend-ed to make the extension a general passenger line, as therewere enough such lines already, but to employ its facilities forhandling freight. There had been a traffic arrangement be-tween the Lackawanna and the Nickel Plate, but in a few weeksthe two would start a fast freight line. Eac h company was toprovide 500 cars for the servic- between New York and Chicago,whi.ch would be known as the Lackawanna Past Freight Line.Similar arrangements had been made with other roads, butPresident Sloan declared the many published reports of combi-nations to make up through railroad lines untrue. TheLackawanna, he said, would remain an independent line underconservative management. It had been asked to join the pool,but it preferred to remain outside. It would, however, main-tain pool rates and keep good faith with the other roads.

New York Pennsylvania & Ohio.—The arrangements for thelease of this road to the New York Lake Erie & Western arereported to have been virtually completed. Mr. Charles E.Lewis, representing the English trustees of the New York Penn-sylvania & Ohio Road, has been for some time perfecting thelease and arranging its terms. The Wall Street News reportsthe agreement as follows:

TlieErle company aprrees to work the N. Y. P. & O. at 68 per cent ofIts sioss receipts up to $6,000,000; over that gum at a r.ate which wouldbe equal tfi (!5 p ^r cent of jiross earnings.The Krle compiiny agrees to send over the N. Y. P. & O. 6.5 per cent of

all its west-bound business and 50 per cent of all east-bound business; orit guarantees to pay for this amount, whether it carries it or uot.The Erie company agrees to lend any money the N. Y. P. & O. may

require for Improvements at 5 per cent interest.

—In London the directors of the Atlantic First Leased LinesRental Trust, Limited, have issued their annual report, andstate that the rent payable by the N. Y. Penn. & Ohio Rail-way Company to the Cleveland & Mahoning Valley has beenpunctually paid during the year, and a farther portion of thereserve funds in the hands of the Cleveland Company havingbeen released, that company has been enabled to pay the samedividend as last year. The full interest on the debenture issueat 4 per cent for the year having been provided for, and aninterim dividend of £1 lOs. percent on the stock having beenpaid in August last, it is proposed at the ensuing meeting todeclare a dividend of 2 per cent, making 3^ per cent for theyear. An undivided balance of £6,279 will remain to be carriedforward.

Norfolk & Western.—The monthly statement of earningsand expenses for January, 1882 and 1883 is as follows:

. Jan. ,

1883. 1382.Gross earnings f200,487 $168,572Expenses 122,603 100,529

Netearnlngs $77,881 $68,013

Northern Central.—The following is a comparative state-ment of gross earnings and expensea for the month of January1882 and 1883:

TsSS. ' 1882.'Gross earnings $199,252 $107,363

Operating expenses $?82.92"i $277,265Extraordi n'y expenses 58,108 37,493

Total fxpeuses $341,033 $314,759

Neteamings $158,219 $02,608

Oregon & raliforuia.—"It will be remembered that the com-pany issued $6,000,000 of six per cent mortgage bonds twoyears ago, for the purpose of building and equipping 170 mileaof new road from Rosebury to the northern terminus of theOregon branch of the Central Paciflc Railroad ; but, as $1,700,-000 of that capital was required to pay off the " Prior LienBonds" which the company issued in' 1879, there was only$4,300,000 of six per cent mortgage bonds available for thepurpose of constructing the proposed southern extensionwhich we have mentioned ; and, owing to the costly nature ofa portion of the new road, which runs through two ranges ofmountains, and also to the original extremely low estimate ofits probable cost, it has been fund necessary to raise additionalcapital iu order to accomplish the necessaryjunction of theOregon & California Railroad with the Central Paciflc Railroadby means of the new southern extension now in course of con-struction. * * «

" Mr. Henry Villard, who is the Presidt,nt of the Oregon &Transcontinental Company (which controls the Northern Pa-ciflc and Oregon Railway & Navigation companies), as well as

of the Oregon & California Railroad, has, in this matter, provedto be a sincere and faithful trustee of the interests of theOregon & California Railroad shareholders. He has offered,

on behalf of the Oregon & Transcontinental Company, to

find the whole of the money necessary to fully complete thebuilding of, and to equip with rolling-stock, the southernextension of the Oregon & California road, so as to insure

beyond all doubt its completion and its consequent conversionfrom a merely local road into a great highway connecting SanFrancisco with the Eastern ports of the United States. » • *

" The preference shareholders, who have undoubtedly a veryvaluable property in their hands, have rea.son to confide in thegood faith of their President, who, at a diflicult time like thepresent, has succeeded in finding means to raise them out of aserious difficulty by his undertaking on behalf of the Oregon &Transcontinental Company to subscribe for the whole of the

bonds which will have to hi issued to provide for the entire

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Marcu 3, 18^8.J THE CHRONICLE. 253

complfHon of the n«w line. Hut thin is not all by any meanii,

for tliH OrHKon & Trsnsci)iilin«ntal Company agrem to nperata

the (>1<1 road during conntraution at a rental that will inlHcn to

ecuTK a divicl.'ii'l <if 2^ per cent per annum to the preft-rencM

ahareholdiTM for three years to come; that Ih to sav, they will

reoeire a dividend of 3)6 p-'r cent out of the earoinKS of the

year 1883, which will be payable very Bhortly; and they will re-

oeire a dividend out of the guaranteed rental at the eame rate

for 1883 and 1684. At the end of that time the Southern exten-

sion of the company will be fully completed, and the road will

be in full workl.njf order a-s a ' through' line 480 miles in

length, and in powteHsion of a valuable land grant of upwardH of

4,00U,U00 acres. This important scheme is to be formally pro-

poHed to the preference shareholders at a meeting which Ushortly to be convened i« London for that purpose; and it only

requires th-ir ratification to be carried into effect. A« we fully

explained in this journal last March, the preference shareh .Id-

em have ihe entire control of the management of this valuable

line, for * no new capital can be raised, nor any lease or transfer

of the property made by the directors, without the previous

consent of an absolute miijority of the preference stock has first

been obtained.' "—iMndoa Money Market Review.

Oregon Improvement Companr.—Thus company in its ap-pUoatiim t) theStiKrk Exchange makes the following stat ementas to its bonds and Htock:

Bonos—Five tlimi»nnil bonds tor $1,000 (-nch. No^i. 1 to 5,000, la all

45,000,000 of Its first n;orlKiiK«'| l>""'l". ilati'tl Divcniber 1, 18MO, dueDeiMinli.-r 1, 1910 (nnlfss pit'vlously rcdi-iMncMl or paid by virtue of

the KiiiklnR fund and other provisicnH contiilned In tlio nii)rt)faKo

eonrlni; (wid bonils); l>eiirln<5 6 p r i-cnt Interest, payable stiniiannuailyon tlio iBt days of Juno and December, In Now Yorlf, at tlio FurniiTs'

X,oan iSc IroHt C. nipiuiy. Principal and Int'rost p.-jyable in K»ld coinOf tbo prCKXiit Htandard. Unoer tlie operation of said eluking fund4fty-fourof tlic lioiida have been rctlioil and cauceled.bToCK.- 7(),"0.) gimrt'g, par value $100 each, total $7,000,000; of

vtiiob anidunt oO.OOO shares, aaiouiuliiK to $.^,000,000. has boon paid iu

and cerliHuati'H for which are now actually untBtandin);.The Farmers' Loan & Trust Comiiany of New York is the tnistce of

tbe iBurtiraifu secnrini; said bonds, the company's transfer office andrepstrv of its stock.The Oreiron Improvement Company was oraanizpd in October, 18S0,

nnderand l)y virtue of tUeact« of the l.eKlslnturoof thoStatoof Ororoi).The properties or tlu^ oomp-iny hu^tndu. anioiii; other tilings, the lirst-

Olnss pa^sonKer ;ind frcicht stoaraships, 6tato of Catifornla and Queenof the Paciiic, and four stoim colliers : The Willamette, UmaHUa, Wall t

Valla and Missisiippi. Tbe company also owns 130,000 acres of im-proved and unimproved asricultural lands and 18,000 acres of timberlands. Willi saw mills ami Humes for tlui transportation of lumner. In

OrOKou anil Wnslilniiton Territorv. Also 30,000 aoios of coal larirls in

western Washington Territory; valuable docks iu Poriland, Oregon;

larKO improved (l<wks and coal ininliers in 8.«n Francisco.The ooinpany also owhk : Tno whole of the capital stock of $ (,000.000

of llie Meatilo (.'"ul ft. l'ransp.»rtation Company, iiicludinsr the NowcasttcCoal Mine in Washliiirtou Torritory, with all improvements antl aiutiin-cnances. The railroad anil appni tenauces of tbo Columbia Js . u>:et

Sound Kailro.id Company, formerly tlin Seattle & Wnll.i Walla Railro.ul

Gomi*auy, -i miles iu IcTiiytb, witli full eqtiipmont of niotivo powfr andtolUu); stock, from Seattle in Washington i'ei ritory to tlio said NewcastleMine; sjiid aiipurtenancos comprisio;? wharves, coal docks, coal bunk-ers, IV saw mil and lar^e aniouut of real estate iu said town of Seatt lo.

19.t>»:» sliaiea of the 20,000 shaiTS of tlio capital stoaU of tlio PacificCoast Steamship C iiipany, owning and operatinK steamship lini'S on tbePacifto coast, rniiuinir to till tniporiant points on the nortlicni andouthern coasts of Calif' niia, and to Portland. Oregon, liritinh C Inmhlaand Alaska, inclndlns the fully eqnipued narrow-,f lU^e railroad of thePaeiflo Coast Uaiiway Cimpany, fiom Port Harford in California to LosAlamos, a di.<tauce of 6> miles, to;^ftther with extensive wharves andwarabuiises at Pore Harford aud olsuwhero upon its Hue.

LI.tBILITIES NOV. 30, 1882.Capital stock $5,noo.oooBond account 4.9TH.001Floating indebtedness for purchases, Ao l,.'iS3,017

Balanw ol all otlier acoonuts .'?0s.9!),')

Netearuiogsfor two years 1,000,215

Total $13,136,227

Total caniinss for the yoarendinR Nov. 30, 1882 Iju'^.riO 1.277Total expense.', tnoludiiig taxes aud lueuranco 2,'^C5,itl3

Net earnings $1.09.5.0ri.t

OtUeers.—President, Hon. J. N. J>alpb, Portland, Oregon ; Vlco-Presld-nt, Artciuaa H. Holmes, New York; Treasurer, Ho;ace White,Hew York.

Pennsylvania Railroad,—The gross and net earnings In

January 18S2 and 1883, are specially compiled for the ChroniclbIn the table below. In January, 1383, thera was an increase of

f656,030 in gross earnings and an Increase of $396,792 in thenet earnings.

ALL LINES EAST OF FlTTSDORa AND ERtB.

. arom Earningf. . . Xtt Earning:1833. 1882. 1883. 18S2.

January $3,029,357 $3,373,321 $1,471,063 $1,074,26C

As to the lines west ot Pittsburg and Erie, the mon'hlyreport iiwsned in 1832 and for the current year show the resnltsi

below. The company's report, however, states asrain for January,1883, over the same month in 1882, of only $132,233,

ALL LINKS WEST OF PITTsnDRO .t EKIB.

Nt I Stirphit over alt LiaHlitiei. Inc. or Tyre in185a. 1882. 1883.

January 8174,981 $9,741 Inc.. $165,240

Peoria & Pekin Union.—The official statement of this com-pany to the New York Stock Kii-hange had the followinp:The Pooria A Pckin Uuioti liailroad Company was or^^anlzml on

Oct. 1, 1880, under the act of the Legislature of the Staf-of Illinois.

Its pniperty and Us loeailon are upon b»tih sMes of the illiiiols KivorbetWfcn tlio cities of Pekin in Tawvillo County, Illinois, and he city ofPeoria in IVorla Omnly, Illinois, and in i>atd oities of Pekin and PBoria,Its main tra<-k beimr about 10 miles on eiwrh side of tho river, aud cross-ing tl:n Illinois River upon its own inidge at Prklu, and also upon its

own brlngit at Peoria, and making ".'O miles of main track, and its

BecoHd or nlde tracks hoing :10 miles, nil of which is upon its own Lands,being In all 50 miles of track. lis c(|iiiptnent consists of I'J looomntlvo*,106 eo«l »nd Hut cars and 1 coach. Its business is in o rrving coal, an<the lecal frck'ht and passenger liuslucsd bitwccn Peoria and Pekin;•nd in dolns all tho terminal Imsiness in Peoria for the Waba-h lit.

Louis 1% Piicitlo Railway; tbe Indiana A Bloointngton & Wetttrrn Kail-way; tbo PoorIa Deo,itiir & EvausvlUo Railway, a:.cl tbo Peoria Jb

Jaoksonvtlle Rillw 1

Ht. Ixnls ,V I'jielil ' I

otlier railroads Im 1".

log tho terinh '

pays an annu >

Pooria A Pek:this niiitsl In

I

flrsl mortua^'lUliubilltbn I

Nu*. 1 lu 1,50 '. .n u |M r centMay, August and Noreiuber, ni

Clrvof New York, ami ilaUidj,,A. ., ...

r<«3sMf.

rUMr,aa4<i MMnmr.

' eaan.iirr,• the*ry 1,

', Central Trust t.oujirai y. Ann, if i, ipn.i.oo i,r incomein I lioucis, of ill.oOO eoi'.h, noo cninnlitlve; n per n«n»iir 1 Febuory I. IMsl.and duo Fabruary 1, 1921. Tniateo,<• Cimiiany. And $1,000,000 of eunitJil stock, divldivl IntoK' of iilOOoaoli. riioouiiluti Rl,<>ak Is Indd In ivpi.tl pnipop-11" olds abovn montiouod and Is untransfcrali'o liy eitherwiUiuui tji'-

' inisvnl of ell. It Is not n rt'organlr.ati.Mi nt any old rall-ruad. President. A. I,. Hoiiklns; Vlou-Presldeut, Julio 11. (;ohrs.

Phllttilclphia k Itcaillng.—The reoeivdrs of the Philadelphia& Reading UR. and Coal & Iron Companies on Keb. 28 formallysurrendered to the officers of the companies the control of theproperty of those corporations. This surrender i-i madn inaccordance with the d-cree ot February 14, IHBS. PretideatGowen iitsned a circular of instructions to officers annoaneingthat the company had resumed posse.ssiou and control of iMproperty and business, and that, subject to a few changes, allofficers, agents and employesof the receivers would be retainedin the service of the company. George De B Keim is appointedVice-President of the company and relieved of the duties ofGeneral Solicitor. The shops, foundry, &c., at Reading formerlyof the Philadelphia & Reading Railroad Company are placed iapossession of (he Philadelphia iSt Reading Coal &" Iron Com-pany. The President of the Union Trust Coranany tPhila-delphiai paid the last instalment of the 1>2,000,000 of the cartrust loan to the directors of the Philadelphia & Reading Rail-road, which was the main condition precedent to the relief ofthe receivers,

Railwny Construction In the Untied States In 18S2.—ThaChicago Raihnay Age has ttnished its compilation of railroadmileage constructed iu the year 1882, aud reachee a grand totalof 11,343 miles. The Age has given much attention to the snb*ject, and has parsned a method, which is greatly to be com-mended, in giving the details for every road en which newtrack has been laid. There is so much guessing andestimating on railroad statistics that a compilation madein this way, after a genuine effort to get at the facte,

U the more highly to be esteemed. The Age says: '• In thelast issue for 18S2, this journal published a summary by Statesof the miles of new track laid during that year of whichit then had obtained record, showing a tvt\\ of 10.'^21 miles.

Since that time we have revised every item in the record,making a number of additions and corrections. » » « Thetotal ad now given hIiows 521 miles more than the total in oarDecember report. While this is not surprising, yet in justiceto onr own records we wish to state that after that reporc wentto press it was discovered that an item of 300 miles belongingto Te^as which had been properly transcribed was by somanaacuountable means omitted by an amstant employed tomake certain footing. Had this error not occurred the aggre-gate as given in December would have fallen only 221 milesshort- of that now given.

"As nearly as we can now ascertain, new railway track

main line only considered—was laid during 1832 in 45 ont ofthe 47 States and Territories, upon 3-13 different Hues, to theaggregate extent of 11,343 miles. This surpasses by about2,000 miles, or over 20 per cent, the remarkable work of the pre-ceding year, which in turn exceeded by some 2,000 miles, orover 27 per cent, any previous year in the history of theconntiy. Never before has the work of railway building beencarried on so generally throughout the country, new track hav-ing been added last year in every State except little RhodeIsland and Delaware, and in every one of the vast new terri-

tories. For convenience of investigation the States have beendivided in the summary into gronps." The following is oar corrected

SCHMAKY OF TRACK LAID DUBINO TnB TEAR 1883.

Kew England SUltt.No.

Slater. Lints, ifiten.

Maine 3 aTOON. Ilamps. 1 17-31Vermont.. 1 I'JOMass 2 S-OOKhOilelal.. 0-0.

>

Conn 1 2U3Middle States.

KewTork.32 759-35N. Jersey . 7 72-aOPonn 30 401-07.Vlarj-Iaod. 2 21-7.'S

Delaware . 000Middle Western Stales.

Ohio 17 soo-.ir.

Mlcliican..l7 278-.58

Indiana. .10 Si4-80Illinois.... -lO 381-'j7

WlacouslD.lU 871-33

Southern States.Jfo.

Stales. Lines. Uiles.Virginia...10 207-02W.Virginia 7NCiirlina.lO8. Carolina 3(ieorgla ... 7Florida...Alabama..Mississip'i.Tonncsseo.Kentucky

.

Louisiana..

lOJ-OO15l,-2557-00

296-58253-4847-5083-231300070-007»-75

itissouri Rieer Hell.

Minnesota.! 2 422-15Iowa 24 84173Missouri ..15 27-l-i(i

Arkausas . 8 52^-10Kansas Beit.

Dakota.. ..14 42313EECAPITVLATION.

Stales.

.Vo.Slalee. Lines. MUea.

Nebraska.. 5 217-20Ka'ita^ 8 217-23ludiwTer. 1 67 00Texas 21 1.-230-70

Calorado BtU.Colorado ..12 6a3-0OMontanaT. 4 382-o0K. Mex.r,. 3 2108Utah Ter.. 2 152-80Wyom'g T. 1 25-00

Paeifie Belt.Ar zonik....Ciil'foniin..Idaho Ter.Nevada . .

.

Oregon ....

Wash'nT..

214-483J5-4623 looO.i-oO

179-00BVO

VHtfSo.Unes.5 Colorado nelt •*! 1.1U4-98ePavlBoBelt 19 I,( 19-«4

Tolala In 45 8Ut«tand Terrltorlea...*J4311,34a-e5

States. Ko. lines, itiles.

6 N, Engl'd States. 8 53-104 Middle States ... 61 l,31.'<-57

5 llld. West. States 80 2,0r7 53llSoutbein UiatuB. 70 1,490-434Mo, Biver Holt.. 90 2.0'J3-436Kan«S8Belt 4'J 2,157-2i

* Where, a< In several cases, tho same lino h.is been built In two or

inoro Slates, It Is counted ».< bat nno lino In tho gr.wid total, so that »lie

footing under the colniun "No. rf lines"—34-.;- Is \»» b.v 26 toap i»«aotnal sum of the numour ot lines taken separately by Btatet aud TMrlloriea.

Page 30: March 3, 1883, Vol. 36, No. 923 - St. Louis Fed · 0jllinttt: xmm hunt'smerchants'magazine, ftffiprbsbntinotheindustrialandcommercialinterestsoptheunitedstates vol.36. newyork,march

254 THE (^HRONICLE [Vol. XXXVI.

Bailroa: Coiistriiclion (New.)—The latest information of

the completion of track on new railroad is as follows:

New Orleiiiis & No thcastern.—Extended from Enterprise, Miss,,

soutUward tii Aratn, 16 miles Track Is also laid from Lake Poncliar-

train. La., nortliwaKl 8 miles.Nortliern PaeiHe —Traolc on the western end Is extended eastward to

near the third crossing of Clark's Pork In Idaho, IS miles.

Kochesler & I'ittsliurs.— Kxteuded southward to Dubois, Pa., 13 miles.

This is a total of 52 miles. maSine 220 miles thus far reported for

1383, apiiinet 4.'i2 miles raported at the corresponding time iu 1882, 199miles iu 1881.497 miles iu 1 880 and 97 miles in ISTJ—XaUroad Gazelle.

Sf. Paul & Dnlntli.—This railroad company reports for

1882: Gross ea^ning^ of railroad, 1 1,109,840, an increase of

51'49 per cent on 18S1; operating expenses, betterments andrepairs, $798,594, an increase of 2932 per centj net earnings of

railroad, $311,246; receipts of land department, net, |2S5,597;

net income for year, $538,843; deducting from this the interest

on bonds, 5 per cent, $50,000, and the dividends on pre-

ferred stock, 7 per cent, $358,641—408,641—there remains abalance of income for 1882 of $130,202; the balance of incomefrom 1881 having been $175,634, there remains a balance of in-

come, January 1, 1883. $305,836. To this is added the balance

of deferred income, January 1, 1883, $305,074, making the total

f610,910. The improvement, construction and equipment ex-

penditures in 1882, paid for out of earnings and proceeds of

bonds sold, and added to the cost of the property, amounted to

1251,198.

Scioto Valley.—This railroad company in Ohio has executeda mortgage to the Metropolitan Trust Company, of New York,for the sum of $7,500,000. This road is about to extend its line

northwest from Ct^lumbus to Fort Wayne, from whence it will

have an outlet to Chicago. A survey has now been made of theentire line, together with estimates of the cost of construction,and it is expected that work on the proposed extension will be-gin as soon as spring opens.

Tenne!>gee Debt.—A bill for the settlement of the State debtwas introduced in the Legislature Feb. 26. The bill was per-fected by the Democratic caucus, and will probably pass. TheState debt proper ($2,118,000 principal) is funded in full withthe contract rate of interest, four years interest being deducted.Bonds held by educational institutions in the State and by Mrs.President Polk are funded on the same terms, the balancebeing funded at fifty cents on the dollar, with 3 per centinterest.

Wabash St. Lonis & Paciflc—In the case for the old equip-ment bondholders, Mr. C. W. Hassler, the attorney, telegraphsfrom Indianapoli.-i, Feb. 28 :

" Decree entered for 70 per centinterest, with right of further order for principal if not paidbythe first of May; the total amount, over one million dollars,being a lien on the road in Ohio and Indiana, prior to the lien ofthe consolidated bonds of 1867. No appeal has yet beenfiled."

Western Union Telegraph.—Judge Ingraham, in the Su-preme Court, Chambers, rendered a decision in which he deniedthe motion to continue the temporary injunction recently ob-tained by William S. Williams restrainine the Western UnionTelegraph Company from allowing any "of the $15,526,590 ofilleeal stock of the company to be transferred on its books.Judge lagraham says, in his opinion, that the first thing to de-termine is what the General Term actually decided in regard tothe $15,000,000 of stock. The General Term, as he understoodit, decided that the increase of the capital stock of the WesternUnion Company to $80,000,000 was legal, but that the distribu-tion of the $15,000,000 of stock among the shareholders of thecompany was illegal. The $15,000,000 of stock ought to haveremained in the treasury of the company as a part of its assets,and could only have been parted with for value. Between thejudgment of thn Special Term and that of the General Term,the greater part of thn $15,000,000 of stock had been transferredto innocent purcha.sers by the persons to whom it had beenonginallj' issued. On this state of facts it is still undeterminedwhat relief the plaintiff will in the end be entitled to, and thisquestion must be determined in the plaintiff's favor to the effectthat the $15,000,000 must be delivered up and canceled beforehe can be entitled toau injunction restraining the transfer ofthis stock on the books of the company. The opinion says :

«B'?P'?^''*'tlieref. re. that the relief to which the plaintiff will bo enti-

S«^i,tlvi^'T^"""^""^'«=''"°•'""l ^e the ludgmeut gn-enbythe1,^ i^ttJ.' V *.\''' '*'"'• *''""^ '!'« diri'ctors who were present at the meet-tofl? dTssenl tir'?"^ ''''S '^"^T'^ '0. !>« distributed a.Kl did not "au?e„„„ vi ^ ,,

™ " '"terid on the minutes, pay to the teleirranh pomSomfon or the?;;"!","^ l""

''?'''*1 St"""^ so'Avided, and thft the cor-poraiion or tiio plaintiff lie restricted to sueh a tud^ment It rinca ,Vnf

ihoSld not^mi sf;r"Vt'"^wi",'.''^ "'^'V?"' ^ canc'eled, or that^he company

by them withont the

Si*e^a\';'';,'d"^!rttsr"<;,!,';;i5;^'?foTihTi1do^

i.fv::trunii^TX"ri?hi^^^^^^^

^Itc Commercial SJtmcs.

COMMERCIAL EPITOME.Friday Niqht, March 2. 1883.

The weather has become more spring-like, and the floods con-tinue to abate. Congress is in the last hours of its ses.sion, andthe question of the reduction of the tariff is remitted to thetender mercies of the protectionist leader.-*, with very littleprospects of any satisfactory results. Failures have continuedamong the iron trade.The followin? is a statement of the stocks of leading articles

of domestic and foreign merchandise at dates given :

Pork bbls.Beef tcs. and bbls.Lard tcs.Tobacco, domestic bales.Tobacco, foreign hhds.ColTee, Eio bags.Coffee, other bags.Coffee, Java, &c mats.Sugar hhds.Sugar boxes.Sugar bags, &c.Molasses, foreign hhds.Molasses, domestic bbls.Hides No.Cotton bales.Rosin bblsSpirits turpentine bbls.Tar bbls.Rice, E. I bags.Rice, domestic bbls. and tcs.Linseed bags.Baltpeti'e bags.Jute balesJuto butts bales.ICanlla hemp bales.Sisal hemi* bales.

1883. 1893. 1882.3Iareh 1. Feb. 1. March 1.

29,!i51 2-l,!»2i; 65,5v!<)l,7ti9 1,846 4,114

40.104 48.258 73,628l(i,r)41 18,2:i0 40,32329,9.i9 3.-1,181 30,74925.Si5 73,0.^1 72,58317,762 4S,191 31,57760,094 112,C.90 136,25719,470 29,3'.i0 77,3895.4r)9 8,2HC 6,515

511.330 511,000 369,7741,141 8-'4 3273,000 4.O0O 4,000

213,000 256.9fiO 267,000183,133 147.396 339,77737,923 44,307 30,6624,.523 3,950 4,6311,409 l.'.'lO 652

25.150 26,400 17,4002,300 2.020 1,940

47,.'=,00 47, -.00 65,22012,S00 11 ,.500 11,7502,300 600 2,600

.52,228 31,228 26,70026,004 24.800 14,61518,029 20,296 15,000

Lard has been on the downward turn lately, and to-day ap-peared the culmination. The advices from Chicago approveof a selling movement. Pork has been iu fair sale on thespot, but quiet so far as speculation is concerned; there weresales on the spot to-day at $19 40@$19 50; there was no busi-ness in the options. Lard sold on the spot at ll-55c. for West-ern, cost and freight, and lieOe. free; Continent, refined,11-60C.; South America 11 8i5c.; for future delivery sales ofMarchatll-63@ll-63c.; April ll-75@ll-71c; May ll-86@ll-73c.;June ll-88@U-76c.; July 11 -76011 -790. Bacon was steady atlOMc. for long clear; half-and-half lOS/^c. Beef hams steadyat$3150@22. Beef firm; city extra India mess $25@$27. Tal-low steady at 8^c. for prime. Stearine dull at ll%a. forprime; oleomargarine 9%@10c. Butter and cheese were steady,while eggs were weak and quiet.Rio coffee has advanced to 9%o. for fair cargoes and sold to a

fair extent on that basis to-day. Options have been variable,but advanced 10 to 25 points to-day, with sales of 19,000 bags.The trading during the week has been less active, and the closeto-night is barely steady for No. 7 at 7-45c. for March, 7-65c. forApril, 7-75c.; Jlay, 7 9,'.c. for June and 8-lOc. for July. Mild gradehave been firm, and Java has sold fairly at an advance, sales ofcoffee from the December Batavia auction being made at 17^c.Rice has been moderately active and steady. Spices have beenquiet. Foreign fruits have sold moderately, at generally un-changed prices. Molasses has been firm but rather quiet; 30c.hasheen bid for 50 deg. test Cuba on the .spot and 32c asked; 22c.has been bid for the same grade to arrive on the ba-sis of costand freight, and at one time there were rumors of large salesat this price, but they have not yet been confirmed. Tea hasbeen quite firm at the auctions, and large sales of Oolong havebeen made by the brokers. Raw sugar has been quiet of late,pending the action of Congress on the tariff question, but themarket has been firm, and early in the week there was a goodbusiness in Centrifugal at 7Mc. for 96 degrees test; fair refiningat the close is salable at 7c.; refined, at one time weak, closesstrong; powdered, 9@9i^c.; crushed, 9%e.; cut loaf, 9)4@9%a.;standard " A," 8%a.Kentucky tobacco was quiet and unchanged. Lugs, 5^@6Mc.;

leaf, 7@llJ^c. The underline at the close was a trifle better.Seed leaf was in fair demand at well-supported prices. Salesfor the week are 1,600 cases, as follows: 1,200 cases 1880-81 cropsOhio, 5M@10Mc.; 200 cases 1881 crop New England, 16@25c.;and 200 cases 1880 crop Pennsylvania, 6.J6@15c. Also, 400 balesHavana, 88c.@$l 15.

Naval stores have been quiet of late; spirits turpentine hasdeclined to 51?6@52c. in yard. Rosins rule at $1 65 for ordi-nary and $1 70 for good strained. Refined petroleum has re-mained steady, although slow, at 7%c. for 110, and 8c. for70, test. Crude certificates have been fairly active at lower prices;to-day the market fell off from 98?ic. to 97c. Ingot copper is

easy; sales 200,000 lbs. Lake at 17M@17%c. and 250,000 lbs.

Baltimore at 15M@16c. Wool is still in demand; stocks are re-

duced and all prices are firm. Hops quiet, but in the main steady.Ocean freight has been more active at lower rates, at the

close the feeling is irregular. Grain to Liverpool by steamquoted5^d; flour 15@17h. 6d.; bacon 258.; cheese 278. 6d.@30s,;cotton ll-64d. Grain to London by steam quoted at 6)i@6%d.;do. to Glasgow by steam 5Md.; do. to Hull by ste«m 6d.; do.

to Antwerp by steam 4>^d.; do to Marseilles by steam 48. 3d.er qr. Refined petroleum to London or Liverpool 2s. 10?^d.rain to Cork for orders 58. per qr.&^

Page 31: March 3, 1883, Vol. 36, No. 923 - St. Louis Fed · 0jllinttt: xmm hunt'smerchants'magazine, ftffiprbsbntinotheindustrialandcommercialinterestsoptheunitedstates vol.36. newyork,march

MAlien 8, 1883.] THE CHRONTcLET ^STCOTTON.

Fbidat, p. M., March 3, 1888.

The MoVrmmt of thh Cbop, ah indicated by our tetegranu

from thtt South to-niKht, is ^iven below. For the week ending

thin eveiiiDK (Mnreb 2) the total receipU have reached 18S,321

bftlfs, aKain^t 134,148 bales last wnek, 14t),130 bales the preTlooa

w.-tik and 1615,8(58 balfH three weeks Hince ; making the lota)

rfceiptfl Hinoe the 1st of September, 1882. 4,901,714 bales, againiit

4,058,4S8 bales for the same period of 1881-83, Hhowintr aninerea»e since September 1. 1883. of 843,226 bales.

Keeeiptt at— Sat. ifon. IVm. Wtd. Tkurt. m. loMU.

OnlvcBton 2,415 3,231 2,190 9,069 3,080 2,140 18,134

Inilltiiiola, ,bo. .... .... .... .... 106 100New Orleani... 4,502 14,026 11.901 5.735 2,726 6,826 46,019

Mobile 70.'* 1,130 123 273192

251 72216!)

3,264

Florid;* 361

Siirammb 2,587 3,140 2,304 1,428 1,720 2,243 13,417

Bruuaw'k, Ac. .... .... ....

<Xuirleaton 1.610 3,247 1.990 1,413 1,750 2,146 11,795

Pt. Royal, if. .... .... 288 .... 1,690 1,978

Wilmington— 418 404 232 224 408 334 2,110

Moreli'dCAo .... .... .... .... 2.50 250Norfolk 3,3 It) 3,652 3,897 3,450 3,888 3.837 22,111

We«t Polnt,*c .... .... 3,312 2,000 5,912

New York 375 201 135 351 152 ICS 1.339

Boston 1,140 490 902 1,129 311 730 5,011

Baltimore .... .... .... 200 200Pklladelp-a, &e. 691 472 591 OIV 239 60 2,714

Total8 thisweek 18,471 30.G92 23.867 23,475 14.58!) 2I,21H 135.321

For oomDanson, we (^ive the foilowin«r table showing the week'stotal receipts, the total since Sept.l. 1882, and the stocks to-night,

and the same items for the oorresDonding oeriods of last rear.

188 2-83. 188182. Slock.Bteeipti to

March 2.This

Week.

Since Sep.

1, 1882.

Thie

Week.

Since Sep.

1,1881.1883 1882.

Galveston 18,134 671,675 1,106 373,852 72,271 52,228tn(Uanola,Ac. 106 15.433 77 13,118 ......

Now Orleans... 46,619 1,347,203 13,251 1,072,119 334,956 353,914Mobile 3,261 286,710 2,638 230,958 40,14.> 31,121Florida 361 14,278 363 26,007 37Savannah 13,417 712.931 7,216 600.869 79,196 68,155Brunaw'k, Ac 5,508 6.961

Obarlcston 11,795 506,151 1,76 i 118.113 65.703 49,633Pt. Royal, Ao. 1,978 20,580 91 21,632 4,126 3,779

Wilmington 2,110 116,793 1,172 126,176 13,503 6,025M'bead C, &c 250 17,267 299 25,103

Norfolk 22,111 664,330 8,130 521,267 82,535 45,084West Polnt.Ac 5,912 192,553 1,30S 170,826

New York 1,339 109,707 3,099 133,875 184,055 339,616Boston 5,011 126,331 3,900 161,112 5,lo5 10,827Baltlaiore 200 36.857 13,950 32.601 37,095PUUadelp'a.&e. 2,714 56,549 570 51,611 12,097 14,565

Total 135.321 4,901,714 .^1,980 1,05'^,488 926,973 1,013.281

In order that comparison may be made witn other years, wegive below the totals at leadinir Dorta for six sea.soiL<<.

Beeeiplt at— 1883 1882. 1881. 1880. 1879. 1878.

Galvest'n.ibo. 18,210 4,513 16,492 6,485 8,292 7,390New Orleans. 46.619 13,254 .50,305 33.623 36,316 41,335Mobllo 3,204 2,G33 8,321 3.469 0,143 7,820Bavaiinah 13,417 7,246 17,390 7,279 1,691 9,121Oharl'st'n.Ac 13.773 4,853 10,810 4,226 1,413 6,213Wilm'sfn, Ac 2,3eo 1,771 2,207 906 1,270 1,121Norfolk. Ac. 28,023 9,738 17,631 8,013 10.723 8,740All others.... 9,625 7,937 10,766 14,150 11,336 8.877

Xiot.thlBw'k. 1S5 321 .M.980 133,931 78,451 83,266 9J,&17

Binoe .Sent. 1. 1901,714 1038,188 lO-O.OSi 1280,271 3919.830 3670.001Galveston mcliirtes India lOla; Charleston incUide.s Port KoyiU, Ac

WUmiiujtoninoludia .Moreheucl City, Ac; Norfolk includes City. Point, AcThe eiportb for the week ending this evening reach a t<ital

of 126,675 bales, of which 52,417 were to Great Britain, 11,947 toFrance and 62,311 to the rest of the Continent, while the stooks

as made np this evening are now 926,973 bales. Below are the

exports for the week and since Seotember 1. 1882.

JRrporte

from—

OalvestonNew Orleans.

.

MobileriorWaBavannab ....

CbarlestoE*...

WIlmlnKtoD..Norfolk*New York ....

Boston . . ....

BsltlmorePhUsdelp'a.a;c

Totil

Totiil lffll.82

Week Endi}ig Mar. 'i.

ExporUd to—

OreatBrtt'n.

7,825

15.310

3,730

2.4S0

2,»)3,

1.:

7,»75

8,985

2,143

SM

62.178

•,20S

1,63]

11,917

Conti-

nent.

11.9»s

OT.606

7,835

13,231

82.311

41.717

Total

Wttk.

I9.S23

52,022

3,750

9,g3S

15.101

1,188

7,975

18,IS7

3,143

2,1M

126.676

I OS SI!

From Sift. 1. 1882. to -V.ir. 2, 1*8.ExiporUd to—

Ortal

Britain.

261.183

5U1,917

21.243

91,380

10J,557

46.066

316.648

101,800

11I,(I6«

63,196

9ioa«.87»

1,514401

FVan«

81.877

207,409

6,423

2S.rt5R

24,7; 5

22,10<

8,410

820.768

•47.606

Conti-

nent.

1 15,80 >!

2Ji,313

205,98S

153,iJS0

1,500

10.2J9

111.279

343

81.307

1,0*8

ei8,83'«

687 070

Ibtol.

308,054

,0S3.e89

28,486

.as.oss

2S8.281

4S,4«e

3M.8T7

459,086

103,003

M0,i!e2

31,883

3.283,760

2.t40 0!W

• iTicludes exports from Port Rnyiil, Ac.I iQciudei exports from West Point, Ao

In addition to above nzpnrtM, nar talegrains to-nlgbt aUo gir*u the following amoants of ootton on shipboard, not clear-d. atthe porta named. We add similar flgnrmi for New York, wlilnhare prepared for oar special use by UeMM. Okrer, Yale ALambert. 60 Reaver Street

M*B. 2, AT— OriatBritain,

oaurFortiffn

OooH-wiM. Total.

Ltrntfta

NawOrleanaMobileOliari' Rton3av»ni]BhSalve^tonNorfolkHew YorkOtber porta

27,4323,5000,4803,200

20,95720.7.-17

3.7503,000

12,6002..100None.None.1,433None.None.None.

lolsU

30,0831,2004,100

19,10010,2502,4071,0001,000

1,0402,1002,0543,100083

2,282None.None.

81.064930015,64025,40033.33225,3964,7504,000

25330231,t4S50,068M,o«e38.93957,139170 30003.822

Total 1883 02,082 70,010 11,218 108,892 728,091

rotell882rotol 188W—

87,73797,584

10,25524,427

87,97660,666

4.34315,188

140.311197,865

872.073662.797

The speculation in cotton for future delivery has been fairly

active the past week, but prices steadily gave way down to

the opening of Wednesday's business, when an advance set in.

which continued with some vigor down to the closo of Thura-

dayt the recovery from the lowest figures amounted to 10 @12 points for this crop and 5 @ 7 for the next. The removal

of all danger of a serious overflow of the Mississippi River,

large receipts at the Southern ports and interior towns andbetter weather at the South for Held work quito discouraged

operators for the rise, and many of them sold out early in theweek. The improvement afterwards was due to a demand tocover contracts, stimulated (on Thursday) by somewhatstronger advices from Liverpool. But to-day there was asliarp decline again. Liver|K)ol made no response to theadvance here, and Manchester reported a weak market for

yarns. Of course these advices were very disappointing andcaused some pressure to realize. Cotton on the spot wasunchanged till yesterday, when the high grades advanced %c.To-day the market was quiet, middling uplands closing at10 3-16C.

The total sales for forward delivery for the week are 477,000

bales. For immediate delivery the total sales foot up this week

3,560 bales, including for export, 2.346 for consumption,

214 for speculation and 1,000 in transit. Of the above, 500 bales

were to arrive. The following are the official quotations for

each day of the past week.

Feb. 24 toMarch 2.

Ordln'/-*!*Strict Ord..Oood Ord..8tr. G'd OrdLow Midd'gatr.I.'w .MidMiddling?...Uood Mid..Btr.G'd.MldMidd'gFairlimFair Il2

UPLANDS.

Sat.

7'a7'6iaS\

9'll810103,alO'a10^

niou

8\9:'i(

9l'l«10103,glO'alOH11>412

Tne*

7»3

ShOS, 8

103,,10«910^U^i12

NEW ORLEANS.

Sat.

7>3l88>*9li«OHi10IOI4107,810^1111>91214

nion

8>4

1010 14107,810%11ll>fl12<4

Tne*

71318SH9I189'«10lOU107,810!^11UHi1214

TEXAS.

Sat.

I'"8)4O'ls9H10IOI4107,810%11UH1214

Mod. Taea

713IS8'«91,8OH1010>4107,810%11111*12M

OnHn'y.lBl)Strict Ord..Good Ord..Str. G'd OrdLow Mldd'ttStr.L'w.Uld.Middllnir...Good Mid..Btr.G'd.MldMidd'g Fairfair,

Wed Til.

7'a

8%93,6ailigl10lo'-.elO'a10%11'412

71a

V>8%93.,

^«li,„

103,810»8lO'a11%12%

Fj-I.IWed

7i«I

r%"^93,8

,

91I1810

713„8149:1891a

10103,81058lO'a11%12i«

1014107,810%11IliaI214

Tb.

8I4

9' 1891910IOI4107,8lO'aIlls11»8123s

FrI.

niis9 la

101014107,8lO'gimIlls12%

Wed

81491,891a101014107,810%11Ilia1214

71--18

31491,6Ui«101014

10% '

11IliamiTb.

IFrl.

713l88I49I18

91a10lOH107,8lO'simlllg12%

7l3,6l

814I

91,8nia '

1010>4107,8lOTg11>«11%12%

STAINED. Sat. nioD''rne« Wed ' Th. Frt.

Good Ordinary 1>- 719

'8'4"

97,g 97„

7%

r4"97,« 07„

71a

97,8

7%7I»u

I>4>w Middlinic ..-- 8%Middling a-;,.

M^aKBT UHD 3ALBS.

The total sales ani future deliveries each day daring the

week are indicated in the following statemant. For the con-

venience of the reader we also add a column which shows at a

glance how the market closed on same days. ^^^^^

SPOT MARKETCLOSED.

8at..DuUMon . Dull and eaajr . ..

rues . Wc.ikWed . Dull and easy ...

Tburs Quiet at rov.quo.rrl..;QiUet

Total I

SALBS OF SPOT AJCD TBASSIT.

Ex- Oon-port. tump.

225.••• 431.. 367

52

1

534..• 265

2,316

Spec-uVen

200

It

Tran-tit.

1,000

214 1.000

Total.

425431

1,367521534279

3.560

rtrnntCB.

Balet.

46,60076,00098.60073..50093,80088,500

DeHv-tnet.

200300200200200200

477.0001 1,300

1-he dali.v iieiiTerii» K>veu aoovo are actually deuvered the day pre-

vloun to that on wblon they are reported.

Thb Salbs AitD Priobb o» Furrais are shown by the toUow-

iag comprehensive table. In this statement wiU be tound the

duly market, the prices of sales for each month each day. vxH

the dosing bids, in addition to the daily and total sales.

Page 32: March 3, 1883, Vol. 36, No. 923 - St. Louis Fed · 0jllinttt: xmm hunt'smerchants'magazine, ftffiprbsbntinotheindustrialandcommercialinterestsoptheunitedstates vol.36. newyork,march

256 THE CHRONIOLE. [Vol. IXXVI.

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* Includes sales in September. 1882, for September, 500.20!) : Beptem-2?^"9.?!?'"'I

'•" Ooto'Jfi'". 8 IS.tjOO; September-November for NoTeinber.

7^1.000;September-December for December, ],097,J00: September-January for Jauuury, 2,070,200.

i-iAiiuucr

The following exchanges have bsen made during the week.•18 prt. to excb. 1,900 Nov. for Apr.•67 pd. to excb. 200 Mar. for Aug.•28 pd. to exch. 500 Mar. for Ma}'.•42 pd. to cxch. 1 ,000 Mar.for .luue.•27 i)d. to c.xeh. 500 Mar. for ^Jhy.•13 ptl. to excb. 900 Mar. for April.•13 pd. to excli. 500 Mar. for April.•18 pd. to excb. 600 Nov. for April.•17 pil. to cxch. 600 Nov. for April.•42 pd. to exth. 300 Mar. tor June.•14 pd. to excb. 100 Apr. for May.•53 pd. to excli. 500 Apr. for Aug.•28 pd. to excli. 100 April for June.•41 jHl. to excb. 800 Mar. for June.40 pd to cxch. 2,1 00 Mar. for Juno.•14 pd. to exch. 2c0 April for .May.•11 pd. to cxch. 100 Mar. for April.-14 pd. to exch. 200 May for Juue.

•10 pd. to exch. 400 Mar. for April.27 pd. to cxch. 800 April for June.13 pd. to exch. 600 April for May.10 pd. to cxch. 500 Mar. for April.23 pd. to excb. 500 Mar. for May.19 pd. to exch. 1.100 .Vlar. for July.01 pd. to exch. 300 Mar. s. n. Ist,for re;,'ular.

51 pd. to exch. 300 April tor Aug.38 pd. to exch. 200 May for Auf'.3(S pii. to excb. IDO Mar. for June.<>0 pd. to exch. ;iOO .Mar. for Aug.13 pd. to excb. 200 April for May.40 pd. to cxch. :iOO April for July.25 pil. to exch. 000 June for Aug.12 p.l. to exch. lOi) April for May12 pd. to exch. 300 Atirll for May•OS pd. to excU. 200 Mar. for Aprl'.

At the Intebiob Towns the movement—that is the receip' sfor the week and since Sept. 1, the shipments for the week, andthe stocks to-night, and the same items for the, correspondingperiod of 1881-83—is set out in detail in the followiug statement:

III

o ft j: cc

--ft ft*^": »! — a*' !E.« ft

»: a

op 2,

^» 2 si2.£2.~FS» » ft & =

glS-ft3==5goi<f<3:r£Scj-^E.|-_SP=.||ft».»i£.-^«EC O: _ ,- _

m

OP

^ CO CDO O C 0:"-CCCOlC-ltirf^W-^Of-WO

01 X to — re 00 r-Ci^i-aioootu-4C-. -Ir-tOO'J

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C'*JCt**'-lOO:£f^0CO^I*-i-C/TWjt,CCX

C' CT. tf^ -^ to to fU w -o Qc M w o; 15 1© r; 01 oaC M to C 05^p C OW 0:yr X IX W O- 1^S tc"^ C Va crb or 'tC OlO'i'-Oi'ip* CO Oh-^ibw#^ CJ' ^ A to tt- W CT. OC 10 O tC KM -• CJ'C CC h-0:UOt.vCO-Jt0CJ"l0*-4C0i-'C;irf*-^0CCT.W

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* This year's Uaure.'i wscin-ated.

The above totals show that the old interior stocks have de-creased during the week 13,716 bales, and are to-night 29,234bales less than at the same period last year. The receipts atthe sf.me towns have been 30,405 bales more than the same weeklast year, and since September I the receipts at all the townsare 530,176 bales more than for the same, time in 1881-2.

The Visible Supply oj Cyxro:? to-night, as mxie up by cableand telegraph, is as follows. The Continental stocks, as well asthose for Great Britain and the afloat, are this week's returns,and coni^equently all the European figures are brought downto Thursday evening. But to make the totals the comoletefiguresfor to-night (March 2), we add the item of exports 'fromthe United States, including in it the exports of Friday only.

1883. 1882. 1881. 1880.Stock at Liverpool bales. "J65.000 731,000 711,000 521,000Stock at London 77,700 56.000 41,700 27,3i6

Total Great Britain stookStock at HamniiTL'

,

titock at BremenStock at AmnterdamStock at Kotterdam

,

Stock at AntwerpSnick at Havre4took at MaraeUlHS ,

Stock at Barcelona,

Stock at GenoaStock at Trieste

,012.700S.^.'OO

33.60021,0002.400800

119.0003.100

61,000!i,200

4,2u0

787.0002,200

39.30020,600

4121.100

152.0003,750

43,0004,.5004,118

755.7004.200

29.40033.0001.08 3

831125.000

5,00029.3003,0003,910

543.3103,200

16.13330.0322,392420

54.4301,183

28.747800788

Total continental stocks... 292,500 271,580 231,774 133,124

.1,335.200 1,058.5=017.1.000 301.000446,000 381.00040,000 47.000

920,973 1,013.284279,191 303.12532,600 10,200

990.174163.000626.00023.000

8(i0.652288.51621,000

537,000180.000626.000860.6.i2288,54624,000

686.470130,117542.03935.280

922.384303.279

3,000

336,000132,000542039922381303.279

3,000

Total European stocks,ladia cotton afloat tor Europe.Amer'n oottoa'atloatlorEur'peEjyiit.Brazll.&c.aflt forE'r'peS;ock In United States ports ..

Stock In U. 8. Interior towns.

.

United Stztes exports to-day..

Total visible supply 3,231.9(51 3,122.189 2,975,672 2.622,569Of the above.tbe totals of Amerloan and other desorlpuons are as follows

:

Ameriean—Uverpool stock 701,000 527.000Oontlnental st«ok8 198.000 174,000American afloat for Europe 446.000 381.000United States stock 926.973 1,013,284Oidted States Interior stocks.. 279.191 308,425United States exports to-day.. 32,600 10,200

total AmericanMail Indian, Broiil, de.—

Liverpool stock 261,000London stock 77.700Continental stocks 91,500Cndia afloat for Europe 175 ,o00G^ypt, Brazil, &c., atioat 40,000

Total East India, 4o 643.200 708.530 459.171 333,867Total Amonoun 2,58(5,761 2,113,909 2,51(!.193 2,283,702

Total visible supply 3,2:54.961 3,122,439 2,975,673 2,622.369Price Mid. Upl., Liverpool .... S^ied. 6ial. 6%1. ' 7*,J.

ISTThe imports into Continental porta this week have been59,000 bales.

The above flgnres indicate an increase in the cotton in sightto-night of 112,475 bales as compared with the same date of 1882,

..2,586,764 2,413,909 2,516,193 2,288,702

201.00056.00097.580

301.00047,000

171.00044.70051.774

163.00023.000

135.00027.3466,124

130,11735,230

Page 33: March 3, 1883, Vol. 36, No. 923 - St. Louis Fed · 0jllinttt: xmm hunt'smerchants'magazine, ftffiprbsbntinotheindustrialandcommercialinterestsoptheunitedstates vol.36. newyork,march

MATtcu 8, 1833.; THE CHRONICLE. 257

•n tnnreast of SSO.aita bale* m eompared wJth the oorras-

pindiDK date of 1881 and »a inoreaae of 612,895 bales as oom-parod with 1880.

QfOTATIO.VS FOR MlDDLlSO CoTTOS AT OmBB M.\RKBT3 — In

tha table brtlow Wd give tha oloiiai? quotation of midllin^

ootton at Siiuthura and other priaoipil oottoa markats for ea -h

day of IhM past week.

Week endingUarck 2.

GalvcAUin...Now Oiloans.Moblli)BavikiinahChailo.-too...WIlmtiiKtou..Ni:rfoll£BoatiiiiBaltliiiovo .

.

Pbilmli'liililn.

Anifii^taMeniiihln.. ..

Bt. 1-<H1|8

Clnomnnll ...

Loulsvillo

CLOSIXa QOOTA.TIONS FOR MtDDLINO OOTTOS ON—

Satur.

9\

U^a9<<8

109«s9%

lO^alOifllOis»^OMiOSiS\

Jfon.

9\S'»i'»8«»9»9109»»9n,g

lOag10lOia9»80>4OHiB%9^a

Tne».

0\0»89»89»it109«ii91" u

10»810>910>99^891s9HI0\9^9

Wednet. Thuri,

0\9<>B

iS*"9»g9<>8

10%10>8lOia9%9199>«OH

Fri.

9^1 9-\9»i) 9»«9'i OH,

9»u Cio10 10n»9 9'fl9<Ir 9"810% 10%lOig lOig10 >« 10>49% 9%919 O'a9>fl g-n9% 9!H9% Itss

BBOBIpn FROM THS PLANTATION^.—The following table 111

preparrtd for the purpose of indiuatinK the actual movement eachwaek from the plautatiuas. Receipts at the outports are some-timns mi.slrtading, as they are made np more largely one yearthan another at the expense of the interior stocks. " We reachtherefore, a safer conclosion throagh a comparative statementlike the following. In reply to frequent inquiries we will addthat these figures, of course, do not include overland receipts or

Southern consumption; they are simply a statement of th"-

weekly movement from the plantations of that part of the cropwhich finally reaches the market throagh the ont-ports.

RKOKiPTS FROM PLANTATIONS.

WMktnMno—

Deo

Uch

16

W. ...

SO

5 ,

11

19

W. ..

a. ...

s

18

S82.. ..

Receipt* at tke Porte.

'80-'81. •81-'82 'sa-'cS.

«rW.J90

887,»a0

igS.435

110.735

129.004

13S.878

128.070

147.189

133,7a

U6,&891&'),SS9

133.031

2I1.S;6

80e.8»200.624

18'J.439

114.858

oe.uoo

S)2.08l

05,('Sr

81.779|

72,031

eo.iao

BI.OSO'

St'* atlnterior Timrru.

'aO-'Sl.l'8I-'>^. '82-'S3

262.015

853.170

25!.fS3

224.997

175.338

150.3UO

1J6.40O

171,818

les.aes

148,130

134.448

135 321

336 8&2

353.487

3!!3.03S

33;.«S4

301(,650

300.862

308.381

317.S66

313.837

312,553

317.588

3J2.453

4i''.538

457.024

4e«.5'-e

4:S.8S0

439,050

419.043

400.G88

890019380.523

373.454

368.430

34.S.0T2

Rec*pfe/n>m Plont'n*

•»0-'Sl. MI-VS2 •a.'.-S.

899.52S

336.W33;e.H55

383.847

380JMi887,967

830.749

847,523

343.584

3M.7U6321.424

308 417

872.319

2C4,e35

203,973

85.374

101.490

138.:0i

132.129

158.674

Iv9jt01

145.252

U3,387

13J.801

*;i.su

218,348

210,180

139,M:

90,V59

83,lfai

71.034

84 000

T7,28S

63,937

60.188;

3?.628

E70,lfl7

.!«5.6,'»

»l.^ 5

li8 7811

i7i.ee3

13S.109

11VI,!K2

168.010

ie!.9i9

129.342

1:9 OTb

1223U

The above statement shows—1. That the total receipts from theplantations since September 1, 1882, were 5,193,646 bales; in

18:11-83 were •1,.35S,135 bales; in 1880-81 were 4,953,706 bales.

2. That, although the receipts at the out-ports the past weekwere 135,321 bales, the actual movement from plantations wasonly 122,314 bales, the balance being taken from the stocks atthe interior towns. Last year the receipts from the planta-tions for the same week were 32,623 bales and for 1881 theywere 13S,801 bales.

Amotst of Cotton in Siort March 2.—In the table belowwe give the receipts from plantations in another form, anladd to them the net overland movement to March 1, andalso the takings by Sonthern spinners to the same date, so as togive substantially the amount of ootton now in sight.

1882-93. 1881-82.

Bw^ipts at tbo ports to Mob. 2.Interior ntuuks on March 2 inexcess of Boptember 1

Tot. receipts from plantat'nsNet overland to March 1Boathorn cousumpt'a to Mch.l

*,901,714|1,058,188

291,932 297,617

4,070,080

283,620

5,1<>3.64G'4.358.13.'> 4,953,700.•.26.5r)6l 353.355; 415,047200,0X 155,OUOl 135,000

1880-81.

Total In sight March? 5,920,2O2l4.8G1.49Ol.5,.'iO3,753 5,156,212

1879-80.

4,280,271

310,21S

4,fiil0,48n44.'>,723

120,000

It will be seen by the above thiit the lncrea.10 in amount In hIkIi tto-nlfcht, as compared with last year, Is 1,055.712 balei>, as comi>aredwith 1830-81 is 416,419 b.»Ie8 and with 1879-30, 763,990 bales.

Weather Reports BrTELEaRAPH.—In general tho weatherhas been fairly favorable at the South during the week. Therehas been considerable improvement in the conditions in Texas,and some farm work is being done.

Oal'Oeston, I'exas.—We have had showers on three days ofthe week, the rainfall reaching *twenty-two hundredths of anInch. Ill the State generally tho weather has been more fa-vorable this week, and crop preparatioss are progressing.Average thermometer 59, highest 70 and lowest 48. Duringthe montli of February the rainfall reached two inches andeight hundredths.Indianola, Texas.—It h.is not rained during the week.

Work is progressing. The thermometer has ranged from 48 to72, averaging 60. Rainfall for tho montli of February, ninety-four hundredths of an inch.

Dallas, Texas.—It has rained tremendously on one day ofthe week, the rainfall reaching two inches and one hundredth.Roads are imi>assable and work is suspended. The thermome-ter lias averaged 54, ranging from 34 to 74. Tho rainfalldunug February was three inches and forty-four hundredths.Brenhani, Texas.—We have had a shower on one day of tlic

week, the rainfall reaching Boventy-Hve hundredths of an'"<\h. Work is being done on sandy lands, but the bottomsand black lands are still too wet. The thermometer has aver-

aged 66, the highest hein|{; 78 and tho lowest 84. During (homonth of February the rainfall reached two ijiobcfl and tliirtr-two hundredths.

Palestine, T»xas.—U h.is been Khowery on two days of theweek, the rniiifall reaching forty-two hundredths of nn Inch.The ground i^ still too wpt for satisfactory work. Tho ther-mometer has ranged from 38 to 78, averaging 86. Rninrnll forthe month of February three inches and cighty-thr<-o hun-dredths.Suntsvflle, Texas.—Wo have had nhowers on two days of

the week, the rainfall reaching fifty hundredlhs of an inch.Plowing is progressing on sandy lands and uplands. Averagethcnnoinoter 06, highest 75 and lowest 80.

Weat/terford, Texas.—It has rained heavily on one d»jr oftho week, the rainfall reaching two Inches, No work Is doinff.The thcrnioiiictur has averaged 54, ranging from 84 to 74.Rainfall for the month of February, three inches and forty-fivehundredths.

Belton, Texas.—We have had no rain during the week, andplowing is making good progress. The thermometer bosranged from 26 to 76, averaging 61. During tho month ofFebruary the rainfall reached one inch.

Luling, Texas.—Wo have had no rain during tho week, andwork is proceeding favorably. The thermometer has averaged68, the highest being 80 and the lowest 33. Rainfall for thomonth of February, twcnty-Uve hundredths of an inch.

Tieio Orleans, Loui.iiana.-lt has rninod on two days of thoweek, the rainfall reaching sixty-seven hundredtlis of an inch.The thermometer has averaged 60.

Shreveport, Louisiana.—We had heavy rains-during theearly part of the week, but latterly there has been fine clearweather. The rainfall reached two inches. The thermometerhas ranged from 39 to 73.

I icksburg, Mississippi.—It has rained on one day of theweek. Tho d.iys have been warm, but the nights have beencold.Columbus, Mississippi.—We have had no rain during the

week. During tho month of February we had rain on tendays, and the rainfall reached four inches and seventy-sevenhundredths.

Little Rock, Arkan.9as.—lt has been cloudy, with rain onone day of the week, and the remainder of the week has beenclear. The rainfall reached two inches. Average thermome-ter 48, highest 68 and lowest 33. During the month of Febru-ary we had rain on ten days and sleet and snow on two days,and the rainfall reached six inches and forty-flve hundredths.The thermometer averaged 43, and rangetl from 17 to 70.

Memphis, Tennessee.—We had rain on two days during theearly part of tho week, and the latter portion of the *-eek hasbeen (Jlear and pleasant. The rainfall reached one inch andtwenty-five liundredths. The river is slowly declining at this

point, after having been nineteen inches over the danger line

and within six inches of the extreme high water mark. Thethermometer lias ranged from 31 to 68, averaging 50. Wehad rain, .snow and sleet on twenty days during February, andthe rainfall reached seven inches and ninety-nine liundredths.

Nashville, Tennessee.—It has rained ou two days of theweek, the rainfall reaching ninetj'-six hundredtlis of an inch.Average thermomer 49, highest 69 and lowest 26.

Mobile, Alabama.—It rained severely on one day duringthe early part of the week, but the latter portion lias beenclear and pleasant. The rainfall reached two inches andthirty-nine hundredths. Tho thermometer has averaged 54,

the highest being 70 and the lowest 36. During the month ofFebruary the rainfall reached three Inches and sixty-threehundredths.Montgomery, Alabama.—It was showery on three days the

early part of the week, and the latter portion has been clearand'pleasant, but cold at night. The rainfall reached seventy-eight hundredths of an inch. We have had frost, but notkilling frost, on two nights of tho week. The thermometerhas ranged from 32 to 69, averaging 4.5. Rainfall for themonth of February two inches.

Selma, Alabama.—We have had rain on one day, and theremainer of the week has been pleasant. The rainfall reachedseventy hundredths of an inch. Average thermometer 48,

highest 64 and lowest 29.

Madison. Florida.—The weather has been cold and dry all

the week ; it has been too cold. We have had rain, but notenough to do much good. We have had killing frost but noserious damage has been done. Planting is making goodprogress. The thermometer has ranged from 42 to 74, avera-ging 55.

Macon, Georgia.—It has rained severely on two days of theweek. The weather has been too cold, but as the week cloees

there is a favorable change. Average thermometer 44, high-est 65 and lowest 30.

Ooltimbus, Georgia.—It has rained on one day of the week,the rainfall reaching two inches. Tho thermometer hasaveraged 54, the highest being 70 and the lowest 40. Rainfall

for the month of February two inches and seventy hun-dredths.Savannah, Georgia.—We have liad rain on one day of the

week, and the remainder of the week has been pleasant. Therainfall reached twenty hundredths of an inch. The ther-

mometer has averaged 56, ranging from 41 to 72.

Augusta, Georgia.—The weather has been clear and pleas-

ant, with light rain on two days of tho week. The rainfall

reached ninety-one hundredths of an inch. Cotton continue*

to come in freely. Average thermometer 50, highest 67 andlowest 87. During the month of February the rainfall reached

one inch and forty-nine hundredths.

Page 34: March 3, 1883, Vol. 36, No. 923 - St. Louis Fed · 0jllinttt: xmm hunt'smerchants'magazine, ftffiprbsbntinotheindustrialandcommercialinterestsoptheunitedstates vol.36. newyork,march

258 THE CHRONICLE. [Vol. S.XXV1.

Atlanta, Georgia.—We have had rain on two days of the

week, the rainfall reaching seventy-five hundredths of aninch. The thermometer has averaged 46, the highest being

65 and the lowest 28.

Charleston, /South Carolina.—It has rained on one day of

the week, the rainfall reacliing thirty-six hundredths of aninch. The thermometer has ranged from 39 to 69, averaging 53.

The following statement we have also received by telegraph,

showing the height of the rivers at the points named at 3 o'clock

March 1, 1883, and March 2. 1882.

Hew Orleans Below high-water markMemphis Above low-water mark.Nashville Above low-water mark.Shreveport Above low-water mark.Vloksburg Al>ove low-water mark.

Kch. I, '83. Mch. 2, '82.

Feet. Inch. Feet. Ineh2 11 1 ti

35 C 35 918 4 19 421 3 30 742 3 41 9

IiroiA Cotton Movexent peom all Forts.—We have during

the past year been endeavoring to rearrange our India service

80 as to make our reports more detailed aad at the same time

more accurate. Hitherto we have found it impossible to keepout of our figures, as cabled to us for the ports other thanBombay, cargoes which proved only to be shipments frim oneIndia port to another. The plan we have now adopted, as vve

have reason to believe, will relieve us from the danger of this

inaccuracy and keep the totals correct. We first give the

Bombay statement for the week and year, bringing the figures

down to March 1.

BOHaW 8KCSIPTS AND SHtPMBSTS fOB FO0R TEARS.

Year

1383138213811680

Shipments thix tceek.

Oreal Oonti-Brit'n. nent

18.00011,00015,000

Total.

Shipments siiice Jan. 1.

Oreal Oonti-Britain nent.

58,000176.000 84,00038,000 79.000 1 96,00029,00044,000 55,000lO.iiOOl 16,0001 17,000

158,0001 12.00098,00083,000

Total.

242,000308.000153.000130,000

Xeceipti.

ThisWeek.

08,00030,00031,00040,000

SinceJan.\.

400,000394,000238,000230,000

According to the foregoing, Bombay appears to show anincrease compared with last year in the week's receipts of 18,000

bales, and a decrease in shipments of 8,000 bales, and the•hipments since January 1 show a decrease of 66,000 bales

The movement at Calcutta, Madras and other India ports for thelist reported week and since the 1st of January, for two years,

has been as follows " Other ports" cover Ceylon, ToticorinKurraohee and Coconada.

Calcutta—18831882

Madras—1883 ,

1882All others—18831882

Total all—138318S2

Shipments for the week.

Qrcat Conti-Brilain. nent.

1.0006,400

"bOO

1.0007,000

1,600

1,0

Total.

1,0008,000

600

1,0008.6jO

Shipments since January 1.

GreatBritain.

39,00052,900

4,0004,100

4,0008.100

47,00065,100

Conti-nent.

8,00020,300

8002.000

2,0004,300

10,80026,000

Total

47.00073,200

4.3006,100

6,00012,400

57,80031,700

The above totals for the week show that the movement fromthe ports other than Bombay is 7,600 bales less than sameweek last year. For the whole of India, therefore, the total ship.ment.s since January 1, lS83, and for the corresponding periodsof the two nrevious years, are as follows:

EXPORT* TO EUROPE FROM ALL INDIA.

fMnmenlsto all Europe

from—

BombayAU other p'rta

Total 77,000

1883.

Thisweek.

SinceJan. 1,

76.0001,000

212.00057,800

299,800

1882.

Thisrreek.

79,0008.000

87,600

SinceJan. 1.

308,00091,700

399,700

1881.

Thisweek.

41.00016,300

60,300

SitieeJan. 1.

153,000114,800

267.800

This la.Ht statement affords a very interesting comparison of thetotal movement for the three years at aU India ports.

Albxandeia Rkobipts and Shipments.—Through arrangementswe have made with Mesitrs. Davies, Benachi & Co., of Liverpoolftnd Alexandria, we now receive a weekly cable of the movementsof cotton at Alexandria, Egypt. The following are the receiptsand shipments for the past week and for the corresponding weekof the previous two years.

Alexandria, Egypt,March 1.

Beoeipts (caatars*)—This week....Since Sept. 1

1882-83.

29,0002,150',000

Eiportg (bales)-To Liverpool'JoContiuent ...

This Sinceweek. Sept. 1

1,0005,000

200,00066,000

1881-S2.

32,0002,619.000

1880-81.

65,0002,555,000

This SiTice This Sinceweek. Sept. 1. week. Sept. 1.

11,0003,500

212,500110,338

6,0004,683

179,00086,121

Total Europe 6.000 26B,000Hl4,500 352,833 10.683 205.121* A oantar is 98 lbs.

'

This statement shows that the receipts for the week endingMarch 1 were 29,000 cantars and the shipments to all Europewere 6,000 bales.

^

MANOHBaTBR iiIarket.—Our report received from Manchesterto-night states that the market is quiet with limited business,

he prices for twists being slightly reduced. We give the pricesof to-day below, and leave previous weeks' prices for comparison.

Oec.29Jan. 5" 12" 19" 26

Feb, 2" 9" 16" 23

Mch. 2

1882-83.

32g Oop.Twist.

a.

813i6-8% ®8% a>

858 «B\ a>

B\ a>

8% ®8% ®8=8 ®8>3 ®

0399149149^9599=891a

8I4 lbs.

Shirtings.

764I2

n. d, s. d1H!®7 7'a

6 1 ®7 "

6 Ii76 O ®76 1® 76 ®7 66 S7 65 11 97 414

938 5 10 ®7 39>4l5 10 ®7 3

Oott'nMill.

VpU's

d.5^5iii„51I165=85=85'li6

5158

5=8

59l6

1881-82.

32» Oop.Iwist.

d. d.938 a 10938 ®10938 aio912 ®109^2 »10933 ®10938 aio938® .O^B

938® O's9% -a 9'6

8J4 lbs.

Shirtings.

d. s. rt

6 as6 ®86 ®87iaa87»«a86 ®86 ®85 ®7 IOHj6 -Ol lOis6 ®7 IOI3

OoWnMid.Vplit

d.

6"ia§?1I8

G\6586»8ei*

6I3

OvEKLAND Movement, &c., to Maech 1.—In our editorial

columns to-day will be found our regular statement of over-land movement, receipts, exports, spinners' takings, &o,,

brought down to March 1st.

Jute Bdtts, Baooino, &c.—Bagging has been taken quitefreely in small lots but round parcels are hard to move. Pricesare not very steady, though holders still ask full rates and atthe close the quotations are 7Mc. for 1^ lbs., 8c. for 1% lbs.,

9c. for standard grades. The manufacturers have formed apermanent organization for the protection of their mutualinterests. Butts have arrived to some extent but most of thelots were reported as being placed previously, "There is only alight inquiry for spot goods, and the market is about steadyat 2e. for paper grades and 2,'^@2%c. for bagging qualities.

CoMPAEATiVE Poet Rbobipts and Daily Crop Movement.—A comparison of the port movement by weeks is not accurateas the weeks in different years do not end on the same day ofthe month. We have consequently added to our other standingtables a daily and monthly statement, that the reader mayconstantly have before him the data for seeing the exact relativemovement for the years named. The movement each monthsince September 1, 1882, has been as follows:

Monthly Tear Beginning September 1.

Beeeiptt. 1882-83 1881-82. 1880-81. 1879-80. 1878-79. 1877-78.

Bept'mb'r 326,656 4,29,777 458,478 333,643 288,848 98,491October.

.

930,584 853,195 968,318 888,492 689,261 578,533Novemb'r 1,094,697 974,013 1,006,501 942,272 779.237 822,493Decemb'r 1,112,536 996,807 1,020,802 956,464 893,664 900.119January . 752,827 487,727 571,701 647,140 613,727 689,610Pebruary. 595,598 291,992 572,728 447,918 566,824 472,054

Totalyear 1,862,898 4,033,541 4,598,528 4,215,929 3,836,561 3.561,300Pero'taRe of tot. port

receipts Fob. 28. . 85-15 78-28 81-28 8627 81-95

This statement shows that up to Feb. 28 the receipts at theports this year were 829,357 bales more than in 1881-82 and264,370 bales more than at the same time in 1880-81. By addingto the above totals to Feb. 28 the daily receipts since that timewe shall be able to i-each an exact comparison of the movementfor the different years.

1882-83 1881-32. 1880-81. 1879-80. 1878-79. 1877-78.

rot.Jn.31 4,267,300 3,741,519 4,025.300 3,763,011 3,269,740 3,089,246Fob. 1.... 21,924 12,592 22,962 8. 36,301 28.495" 2.... 30,723 11,019 18,075 22,580 8, 19,795" 3.... 20,977 22,348 21,769 20,354 23,729 8.

" 4.... 8, 10,059 27,938 15,209 33,5C4 35,541" 5.... 35,832 S. 26,031 15,582 23,999 20,000" 6... 26,636 16,697 8. 21,929 23,378 2J,343" 7.... 18,808 14,970 20,763 11,239 25,034 10,653" 8.... 23,033 12,207 . 23,485 S. 24,175 22.808" 9.... 40,517 13,350 18,721 34,138 8. 15,100"10... 18,730 19,496 17,010 12,915 34,476 8.

"11.... 8. 10,622 27,674 18,057 19,171 26,965"12... 25,147 B. 29,638 17.632 22,370 23,264"13.... 26,599 15,440 8, 25,523 21,048 20,075" 14.... 23,150 10,750 28,391 20.967 29,598 14,300" 15.... 21,200 9,617 10,070 8. 16,652 19,386" 16.... 31,304 9,389 18,579 23,239 8. 13,219

"17.... 17,131 16,183 20,037 13,058 33,559 8.

"18.... S. 8.707 39,774 14,386 28,820 30,281" 19.... 27,754 S. 17,936 21,994 11,730 16,471" 20.... 20,859 12,725 8. 16,063 19,10!i 14,837" 21.... 17,739 13,626 26,277 20,960 21,159 14,650" 22.... 15,316 0,311 15,760 8. 13,293 20,245

"23.... 35,649 5,712 16,873 18,684 8, 11,219

"24.... 18.471 14,040 22,963 10,628 28,476 8.

" 25.... 8. 6,652 39,510 16,954 20,278 23,306" 26.... 30,692 8. 25,645 21,961 11,403 12,421" 27.... 23,867 11,012 S. 13,805 16,646 13,396

" 28...." 29

23,475 9,369 36,728 14,109

8.

19,941 13,253

Tot.Fb.28 4,862,898 4,033,541 4,598,528 4,215,929 3,836,564 3,561,300

Moh.l.... 14,538 6,519 20,473 16,279 10,517 17,754" 2.... 24,228 7,625 12,465 12,171 8. 9,863

Total 4,901,714 4,017,633 4,631,4615 4,244,379 3,847,111 3,538,922

Ceroentag d of total

port reo'ittsMch. 2, 85-73 78-84 81-86 86-50 82-58

Page 35: March 3, 1883, Vol. 36, No. 923 - St. Louis Fed · 0jllinttt: xmm hunt'smerchants'magazine, ftffiprbsbntinotheindustrialandcommercialinterestsoptheunitedstates vol.36. newyork,march

M.M.CU 8,1888 IiHfc OHtttn>H^i.f.. 260

This Bfatenifint nhowm that th» peoeipta nlnee Sept. 1 up t

to-niifht are now rt.'i 1.039 ba,l«M more than thwy were to thu Ham"

day of the mouth iu 1883 and 270.24S bales more than they were

to the Hame day of the month in ISSl. We add to the table

the peroentaKes of toul port reoeiuts which had been received tc

March a in ejioh of the years named.

Thb K.xporw ok Corri)^ from New Yijck this week show a

decreaHi'. n* compared with last week, the total reaching 13,137

bales, ai^iiiiiMt 13,l,'>;» OalrtH la-tt wttek Below wo >f'»e our mualtable Hhowiag the exports of cotton from Now York and their

direotl)ii, for each of the last four weeks ialso the total exports

and direction siuc-t September 1, 18S3, and in the last column

the total for the same period of the previons year

BxpoiiTsop Oorros(BAt4BS» rno« saw Yoait sihob 8bpi. 1. 18S2.

ITeeAc eniing—Totaltiiux

Sept. 1.

322.2233.120

3'.:5,634

22,002100

22,102

31,81121.58941,249

SameperUMprevi'utyear.

233.0120,987

23S,999

18,032

Kxporied to— Ftb.IS.

Feb.22.

March1.

LlTerpoolOther British porta

8.069 8,105 9,318 8,985

3,985

1,111

1,111

1,050

'671

Total TO Great Bbitact

Havre ... ..........>

8.968

273

8,195

095

9.318

Other Frouch porta

TOTAI. PRBSCII ........ 273

1,006

095

700

i',il9

1,2001,136400

18,032

28.03913.0154,779

Bremen and Haaover—Hiiiiiburg

ToTALTO North. Eckopb

8p.iln.0p'rto,Qtbralt'r,4cAll otlier

1,843 2,119

'Too

2,736

75

1,721

326

103,862

2,5175,110

4'J.453

8372(0

1,037

301.521

Total Spain, Ao

11.086

100 75 820 7,627

4.^035OvAMD Total 1 1.409 12.159 12.137

Thb Foixowi.VvJ abe thb Glao-Js RBoaipra of Cottos at NewYork, Boston, Philadelphia and Baltimore for the past week,ai^d since September 1, 1883:

Keeeiptafrom—

A'eic £url;. Botton. PMladelphia. Ballitnorr-.

Thi» 1 Since\This

\Since This Since Thit SiH'C

week. Sept. 1. Keek. \Seiil. 1. week. Sepl.l. week. Sept. 1.

CK. Orl'aus 3,893 161.101 4.896iTexoa 4.73.'> 129,211 3.660 15.S89 ...... ...

Savannah 4.777 180.210 1,30J 38.152 212 12,341 1,730 72,392Mobile...

1

Florida .

.

192 3.:t99 ...... .. ,

B.Car'llna 4.173 138.292 896 715 8,336 16.867N-Car-lliiii 901 40900 ... .1 .....

.

229 13.323Vlrjrtnia.. 6.760 173.225 2.9S0' 48.814 639 30,270 2,503 )>6,8d3

North. pt8 6.179 102.9i6| ..... 203Xbon., <fec. i.339 109.707 3,013 121,0691 3.373 49,120 511 36,637Voreign .

.

205 2.12(i1 1

*This rear. 26,977 943,771 19,1 13 333,252 4,9.19 5,025 223.807

Xiaat rear. 16,161 9.52,3 19 7.617 31«.626l 1.908 09.265 3.509 172.090

106,067

Shipplso Nbws.—The exports ot cotton from the Hnited

States the past week, as per latest mail returns, have reached86,401 bales. So far a.s the Southern ports are concerned, these

are the same exports reported by telegraph, and published in

tae Chrosiclb last. Friday. VVith regard to New York, weInclade the manifests of all vessels cleared up to Thursdaynisht of this week:

Total balei.

New York—To Liverpool, per steamers Abyssinia, 103

Celrie. 1,123 City of Paris, 1,463 OoniiU, 449EoKlanrl. 1.8 2 ...Republic, 1,663.. ..Servia, 1,618 pership BhUrgowrie, Too 8,983

To Havre, iwr tteuuieis Amoriijue, 610 Perelre, 301 1,111To Bremen, p. r steiiuier Douiui 1,030 1,030To Rort«nlaiii. par steamur P. Caland, 100 100To Antwerp, pel ati^moers Jan Breydel, 171 Sederlaud,400 571

To Genoa, p^r steamer .\rchimede, 320 320New ori.bano—To Liverpool, per steamers Alava, 4.250....

Oarilib.an. 2..5.58 Oivoraor, 5,J02....Rita, 3,010Statesman. 3.39>j 18,418

To Havre, por itfam^irs Doronila, 2,874 Provlnoia, 2,198per ship L,illie*>ii>l;ir.l, 3.719 8,791

To Breioeu, per barn Huupton Court. 3,440 3,140To Antwerp, per 8t.-iimer .M-mareh, 900To B.iroeliina, per barM Oalufle. 500 Pedro Qusi, 400

Mobile—To Uverpopl, i>er bark U.S. Peary, 2,232To Havre, i>er har.^ .^jisyria, 2.l-'3

Chablest<js— iiiLiveriKKil. per b irk Wlmmera, 3,040 Uplandand lOOSi-a iHluid

To Havn-, per bark Crown Jewel, 2,230 Upland and 73 SeaIsland

To Bar<!Olona, per bai ks ilobc, 1,160 Upland Tula, 1.123Upland... per brig* Fnuiqiiita. 552 Upland...Jaime Millet,735 Uplaud Joveii .M iriii. OOJ Uplsind 4,230

Bavansau-To Am~ter.laui. per steamer Norfolk, 5,700 Upland. 5.700ToU'ldervallo. .sw.den, (.erbarkPudel, 1,336 Upland 1,336To Palmu do Mn)ii:ca, per bark Paquete do Vendrell, 34Upland 34

Texas -Fo Havre. i>or bark Eiuina Parker, 1,37J 1,371To Bremen, per barK l^^ii.i. 1,430 1,430ToOp^rto, per biitt .Mna. l.OiiO 1,006To Vera Gt'ii, pr steamer WhitUHV, 1,025 1,025

WlLMiNoroN- I'o Liveri.ooi. per bark Aurorita, 2,087 perbrix Alaska. 1.80O 3,887

Baltimore-Ti. Liverpool, per steamers Circassian, 1,200Vest.!, 2.379 3,579

To Breiueii, per steamer Hermann, 2,500 2,500BCBTON—To Livertiiioi. ler steamers Illyrlan, 2,560 Iowa,

l,109....Vietorli, 10 3,979PiilLADKLPntA—To Liverpool, per steamers British Prlnoo, 1,600 1,600

900900

2,2522,4-.'3

3,140

2,303

Total ^, 8«.40a

The particulars of these shipments, arranged in oar nsnalfoim, are as follows:

rAvtr-oiml. IJatre.

New Yore. H,U,-i5 I. IllN. Orleaiu. 18.418 H.7UIMobUe 3,26 J 2,42301iarlast>m. 3.U0 2,803

A uuttrdam,ittltrntitm

<* ItW- CtliUrllftnen. vtru. vail*.1.0.30 «I713,110 1)00

d Pnlma•leMifjnroii. Oforta,

000

.1.88 7

3.5793.9791.600

• 4,23)5,700 l.)30 31

1,371 1,150 1,1)06

2.500

12.187»2.li»4.6750.07a7.0704.S.<S23.H87fl.0793,9791.60O

Savannah..TexasVilmlnKtouBaltimore.

.

BostonPhllndelp'a

Total... 13.910 15,99J 8,140 7,271 1.338 6.1»t t.OOO 8U.40IInoluilnd in the above totals are, ttom Now York to Qenoo, 320 balM

and Galveston to Vera Cruz, 1,025 balea.

Below we add the clearances this week of Tessela carryingcotton from United States ports, brinxiag oar data down to thelatest mail dates:

Galveston—For Liverpool—Feb. 21—Barks Guiding Star, 1,17&! OtoBoe. 2..503.

For Breineu—Feb. 23—Bark Pauline, 1.773. ...Feb. 24—Bark MarkTwain. 2,03J.

For Croiiatiidt-Feb. 2 1—Bark Minerva. 1.600.New Oblbans—For Livcriwol -Fell. 23 -Steamers Mariner. 1.783;

Troho Braho. 3.0.12 ...Feb 2ii-8tcamer Amurlano, 3.900¥«h 27— Steamers Commander and 8t. Bernard. 0.331.

For Havro-Peb. 20-8t«i,mor Paris, 0, 173; bark Etta 8towart,2,733.For Koval—Fab. 27- Bark Ar.tbia, .

ForCroustaiU— Fob. 27—Bar!t C.irmol, .

For Barcelona-Feb. 23—Brig Bueiiaveutiira. 751 F'^b. 20—Steamer Jose Baro. 1.439 ...Feb. 27—Steamer Aua do Sala,^—

,

For Vera Cruz—Feb. 21—Steam n- City nf Mexico. 1,260,For Tii.Kpan—Feb. 21—Steamer City of Mexleo. 1.

MOBILK—For Livorpool—Fell. 27—Hiik Jiilhk, 3.73' >.

Savannah—For Liverpo<il—Feb. 28-Bark Mmnle Gordon, 2,450.For HaiiKO. Uussla—Fob. 21—Bark Loroly. 2,000.

CaAKLEBTo.N-For LivcriMjol-Feb. 23—Bark Ponema, 2,263.For Bremen—Feb. 23—Bark .\ftO'isJfrnoii, 1.573.For Amsterdam—Feb, 24—Bark Fonuica. 1,330.For B ucelona—Fob, 23—BtT,{ Clara. S30

Wilmington -For Liverpoul—Feb 28—Bark Hermann Frindricb, 1,188.NoRFOi-tc—For Liverpool—Feb. z?-Ship Servia, 3,0C0....Feb. 28—8hJ»

Bertie Biglow, 2,140.BOSTON-For Liverpool—Fob. 23—Steamer Atlas, 1,000 Feb. 27—

.Steamer Bulsrariari, 1.143.BALTIMORE-For Havro-Feb. 27 -Steamer Alexander Blxlo. 1.63J.

Below we give all new.i received to dtte of disasters to vessels

oarryin^ cotton from United States ports, &o.

:

MORRO CvsTLK, (1.G30 tons gross), Pennluitou. before repirted, wbiohtooi are A. M. o( Febni.iry 21, whilo lylua at her pier at Charles-ton. S. C, was not extiii^uishod till tho night of Uio 2.;d. Of the1,227 bales otcitton on board at tho tinia oftUBllreit wai thnngbtprobable that 8"iO bales would be saved iu a daoi •!{0 1 ooiidition.

NETO, steamer (Br.), from Galveston for Liverpool, before reported atKey West. 436 bales ot dareltot oottoa fro:n tho Neto uad beensaved up to February 17. Tho steiiraor paid salvage money andexpenses and sailed for destination February 23.

Oottoa freijifhts the past week have oeei as foilow<-

Satur. 3ion. Tites.

"84«'4

Wedne*. Thur$. Pri.

Liverpool, steam d. "e4»'4 Il64a>4 n^aiu Ili8a'4 "»4«»*

Do sail...(i. l>M-'S.i4 "04-'6e4 11.4 15e. Ilg4-168^;il„-l5,„ "ei-^e*Havre, steam

e. ^18* '18' •IS- 'le' '19* ^ift*

Do sail c. .... ....

Bremen, steam, .c. "si' "33" "33- »T33' "m* "s»*Do sail e. .,.. .... — —

Oamburi;, steam.d. V H' ll- V J*- >«•

Do sail...d. .... .... — — ....

imst'd'm, steam.e. l4®932* •lasaa* '4»»3a' ^3933* »«»932' >4»»sa'

Do 8aU...(t. -.-. .... ....

Baltlo, steam

d. %' S8« V V H' VDo sail e. .... .... — ....

Barc6lona,steam.e. 13l«»V "l8»V IS,«®78. I3l6«'8- «»ie«V i»i««VGenoa, steam ...d. %* \' V \- ^ V

(Jompressed.

Liverpool.—By cable from Liverpool, wa have the folIowiMf

statement of the week's sales, stocks, &c., at that port. Weadd previous weeks for comparison.

Sales of the week bales.

Of which exporters took ....

Of which speculators took..

3al69 .Americanictual e.Kport ......

ForwardedTotal stock -EstimatedOf which American—Estun'd

rotal import of the weekOf whlea Amerioan

AmouataHoatOf which -AmerloiMi

Feb. 9. Feb. 10 Feb. 23. JfcA. 2.

72.001)9.001.0,800

44,0005.500

33.000862,000604.000103,00076,000

340,000276,000

53.01X19.4006.100

31.50010.00030.000

886.000633.000102.00083.000

351,000285,000

44.30^15.70ti3.100

29.5007.500

26,0009dO,oOo696.000143,000112,000286.00020%ooo

41.50O4,6001,870

30,0007,800

31,500963,000704,00079.00062,000

293,000201.000

The tone of the Liverpool market for spjts and futures each

day of the week ending March 3, and tho daily closing prices

of spot cotton, have been as foliowa.

Spot.

Market, )

12:30P.M$

lid Dpl'dsaiia.Orl'ns

SalesSpecifeexp.

Saturday iforutsy. Tuetday. Wednen. IhWTMfy. Friday.

Verr dull.

5585%5,000500

Dnlland

easier.

5»85%8,0001,000

Very dull.

sag5%6.0001,000

Dulland

easier.

5»9

5"l88,0001,000

Mod. Inq.treeir

supplied.

5»186ll,«

8.0001,000

Mter.

5»,a

8,000iloo*

futures.

Market,\

'•.2:30p.h.\

Market. )

5 P. M. (

Firm.

BarelTstead;.

DaU.

Flat.

Very dull.

Weak.

Weak.

Flat.

Qalet.

Btawlr-

Itot.

nat.

Page 36: March 3, 1883, Vol. 36, No. 923 - St. Louis Fed · 0jllinttt: xmm hunt'smerchants'magazine, ftffiprbsbntinotheindustrialandcommercialinterestsoptheunitedstates vol.36. newyork,march

260 THE CHRONICLK [Vol. XXXvt:s=a

The opaniQg, highest, lowest and closing prices of futures at

Liverpool for each day of the weak are givea below. Theseprices are oa the basis of Uplands, Ljw Middling clause, unless

otherwise stated.

\^'the prici3 are glmn in .osti'ie atil 01!As.(A:iiv 5 02 msansj 62-0 W.atul 6 03 means 6 3-6itl.

FebmaryFeb.-llar...

Mar.-Aprll..

Aprit-May -

Hay-Jane..Jane-July..

July-AuK...Ann.-Bept..Sept.-Oot...

OOt.-NOT....

KoT.-Dec...

Sat., Feb. 24.

Open ITiff?i Low. Clos

d.

C-ll

5 42

B43BM6 47

S4USSI6S6

d.

5416 42

6 42

S446 47

560554B&S

d.

5 41

3 42

5 41

5 44

Slii

5 49

6S1558

d.

5416 42

5415 44

6 49

5 49

5515 68

Mon., Feb. 26.

5 45

Open High Lou: Clos

d.

5405 40

5 40

6 43

5 40

6406 63

55«

d. d.

5 40 6 40

5 40I

5 89

5 40 5 39

5 43

5 46

5 4fl

553SSO

5 45

5 42

5 14

5485526 55

5 4S

d.

6 40

SSO5 39

5 42

6 44

5 48

5 52

6 55

6 46

Toes., Feb. 27.

Open High Low, CloB

d.

5 39

6335S85 41

5 44

5 47

5515 55

5 50

5 44

5 42

d.

6 39

5835 33

d.

SSO6SS6 3S

6 41 ' 5 40

5 44

5 47

5 51

5 55

5 50

5 44

6 42

5 43

5 4'i

5 50

6 54

6 50

5 41

5 43

d.

5 39

5385885 40

5 48

5 43

5505 51

5 DO

5 14

B42

February..Feb.-Ma-. ,

Mar.-Apr;l,

Apcil-May..

May-Jane..June-July..July-Aug..

.

Aug.-Sept..

8ept.-Oct...

Oet.-NOT....

Not.-Dec.

Wodnes., Feb. 2S.

Open Uioh Low. Clos

d.

5 3.S

es75 37

6 40

5 43

5 48

5 50

5546 49

d.

5386 37

5 37

6 40

5 43

6 43

5 60

6 54

5 40

d.

5 37

5 36

6 33

5386 41

5 43

5 40

6 53

5 49

d.

5 37

5 33

6 33

5 39

6 41

5 43

5 49

5535 49

Thnrg., Mcli. 1.

Open High l>ow. Clos

d.

5 37

5 375E95 13

5 48

5305 54

6 50

5 42

5 37

5 Si

5 41

5 43

5 47

5 51

5 54

6 50

5 42

d.

5 37

5 37

5 37

6 38

6 39 1 6 41

6 42I6 42

6 47

3 5!

5 54

5 50

6 46

5 5?

5545 50

5 42 642

Fri., Mch. 2.

Open High Low. Clos

d.

6 33

5 37

5 41

5 43

5 47

5 51

5545 50

6S65 37

3 41

5 43

5 47

5 51

5 54

660

d.

5S55 33

5385 4'.i

5 45

5 49

3 53

5 50

5336 38

5 42

6 45

5 49

5 52

650

BREADSTUFF S.

Fktdat, p. M., Maroli 2, 1883.

Flour has been quite firm for some days past, after showingdepression in value earlier in the week. The sales, however,have not been liberal ; the firmness of holders has, in fact, keptthe transactions within quite moderate limits. The supply of

both winter and spring-wheat flour has been of only fair mag-nitude. To-day there was a good demand for the commonergrades, and these were in small supply, while the better gradeswere plentiful and not much wanted. Prices were steady.

Wheat has been less active both for export and on specula-tion, and early in the week the market was declining. Latterly,

however, there has been a re-action and the dechne has beenmore than recovered, the present quotations being ^[email protected] those of a week ago. The gradual subsidence of thefloods at the West and the more favorable weather in thatsection contributed largely to the depression in thefore part of the week, though the less buoyant marketsthere as well as abroad had likewise an unfavorable effect-

while within a day or two a heavy failure in Chicago hastended somewhat to check the upward movement of prices thatfollowed the early depression. There has been a fair trade forexport, but the speculative transactions have sunk back toabout their proportions previous to the recent unusual activity.To-day the market was steady for ca.sh wheat but irregular foroptions, which at one time were weak; No. 2 red sold at $1 22%@»1 23}j^ for March, $1 25@$1 26 for April, $1 26%©$1 27^^for May and $1 26%@$1 27M for June.

Indian corn has been fairly active at advancing pricesof late, though at one time the course of quotations was theother way. The fluctuations in corn have, in a large degree,been governed by those in wheat. To-day there was a declineof J6@lc. ; No. 2 mixed sold at 72^c. for March and 1i}^((i72Mc. for May, while April was quoted at 72M@72%o.Eye has been firm but quiet. Barley has sold moderately.

Oats have been an interesting feature of the market during theweek. Prices have advanced 1 to 2o., and yesterday the sales,argely of options, were 2,800,000 bushels, being the largest for asingle day on record. The supply here is about double thatheld at this time last year, but it is said to be well concentrated'and yesterday an advance of l^c. m Chicago caused considera-ble anxiety to cover, the result being the large transactionsmentioned. To-day, however, there was some re-action priceshere declining U@)io, wbile the demand was much le-^s urgentNo. 2 mixed sold at 52@52?^c. for March, 525^@53krc for An.ii

, and 52^@53 lor both May and June." ^

The following are closing quotationsri/juB.

No. 2 spring.. .^ bbl. $2 75® 3 ,50No. 2 winter 3 00 a 3 65Superfine 3 70a 4 0.5Spring wheat extras,. 4 2,5a 5 ,50do bakers' 5 00a 6 00

Wis. A Minn, rye mi r, 5 509 6 00Minn, clear and etra't 4 £,5 a 7 2 i

Winter slilpp'g extras. 4 00a 4 60Patnats, spring 6 50i* 8 25,Patents, winter 5 50® 7 50 i

City sblpplng extras. 85 50a 6 00Southern bakers' andfamily brands 6 00» 7 50

SoutU'n slip'g extrsis. 4 85 a 6 90Kye flour, superfine.. 3 75» 4 10Corn meal—Western, Ao 3 253 3 75Brandywine. Ao 3 7.53 3 83

Buckw't flour.lOOlbs, 2 059 2 8S

Wheat-Spring,per bush. 1 088pi-ingNo, 2 114Ked winter 1 06Red winter. No. 2 1 23White 112White No. 1 1 10

Com—West, mixed 02West. mix. No. 2.WhiteYellow

Buckwheat

GRAIN.

Rye—Westerna 1 35 St ate A Canada .

.

31 16 Oats—'8127 Mixedsi 24!^ White®1 28 No. 2 mixedal 17 No. 2 whitea 73 Barley—

72>a5 71 Canada No. 1....73 a 75 Canada bright..

-

73 ® 7.5 Canada No, 275 a 76 State, 4-r()wed...

State. 2-rowed...

7273

515352

7879

5356

Sl^iS S4'a

1 02 » ....104 8105Ofliaa ....93 a 9587 » 88

The movement of breadstuffs to market is indicated in thestatements below, prepared by us from the figur-s of the NewYork Produce Exchange. We first give the receipts at WesternLake and River ports, arranged so as to present the comparativemovement for the week ending Feb. 24 and since Aug. 1 foreach of the last three years:

Receipti at-

Chlcago

Milwaukee

.

ToledoDetroit... ,

Cleveland...

St. liouls ...

Peoria... t.

Dnlnth

Tot.wk. '83

Same wk. '82

Same wk. '81

SlnoeAug.l—

18811880..'

Flour,

Bbta.lOaibs

76,081

66.169

285

4,026

1,583

34,520

1,123

183,769

130,21)3

170,079

5,977,892

4,888,623

6,0«!5,141

Whtat.

Biish.eo Iba

132,."26

146,273

92,000

297,821

13,073

171,030

1,000

27,007

786,197

410,176

412,731

58,299,469

31,521,922

58,816,26;

Com.

Bush.XU>!I,100,i9?

42,82j

42,280

16,799

19,000

711,125

167,550

2, 1 89,771

780,274

1,204,877

49,8!i2,647

78,297,954

71,856,737

Barley. Rye.

BiWi.32 lbs Bush.iSlOs49-',030 138,206

73,090

1,5L'5

11,221

12.600

109,611

79,375

780,108

851,625

558,743

30,g;S,909

2^,446,629

2o,927,549

203,223

14,917

4.01

78,483

27,0«0

463,846

137,944

133,216

11,527,031

9,901,163

9,070,500

Buiih.S6lb>

35.183

20,200

3,884

e.BOO

63.787

22.506

21.003

2,994,122

8,138,810

2,737,868

The comparative shipments of flour and grainime pons from Dec. 25, 1SS2, to Fab,same pons _„. .

four yeani, show as follows:1882-83.

Floor bbls. 1,718,301

_ , from the21, 18a3, inclusive, for

18^1-82. 1880-91. 1879-80.1,249,513 1,395,400 0,51,962

2,ii60.438 2,459,923 1,780,73611,9K3,520 0,6-<4,393 9.<i4'i.9T05,232,811 4,391,885 ],911,8B01,059,377 1,150,157 575.009305,363 392,451 308.528

21.282,171 21,537.509 16,474511 lT217.123

Below are the rail shipments from Western lake and riverports for four years:

1883. 1882. 1881. 1^80.Wee/c Week Week Week

Feb. 24. Feb. 25. fcb. 2-5. fob. 28,Floor bbla, 158,0J0 luS.lOl 142,623 105.301

iVteat bush, 3.3S4.587Com 13,022,103Cats 5,409.617Barley 2.123.783Kyo 2d2,079

Total giain

Wlie.it.. ,..„ iish, 303,697Com.... ,„ 1,312,146Od,U 881.761Barley 309,211«ye 25,831

118.9711,091,420236,21291,76218,128

223,545761.911451,49979,18228.157

203.3061,818,360198,423

>.66034.205

Total.

The rail and lakt

weeks were:Week Flour,

endino— btiU.

Feb. 24. ..13^,030Fob. 17...174,S96Fob. 10... 149.309Fob. 3. ..207,336

...2.855.619 1,609,493 1,033,909 2.320.151

shipments from same porta for last four

^rheal,bitsfi,

357,697418,365410,556552,890

Corn,bush.

1,312.1401.883,.5411.107,3811,610,337

Oals,bush.

881,701725,491391,251681,271

Barley,bush.300,211323.470190,851326.131

bush.25,P3124,29511,43826,239

rot,,4w. 689,770 1,739,508iw'ks 82,-501,056 1,092,835

6.333,408 2.6S2.461 1,145,663 87.9516,337.795 2,200,496 409.376 143,080

The refceipts of flour and grata at the seaboard ports for theweek ended Feb. 24, follow:

bush,10,716

500

Wkeett, Com, Oals, Barlej,b-uah. bush. bush. bush.

363.000 712,372 121,930 109,90031,800 116,800 52,900 13,5.:562.835 8,300 2,6008,000 14,500 1,400

76,700 4-4,100 27,200 13,900214,080 407,650 12,60040,723 202,336 27,413

1,250500

1,000

Flottr,it— ohls.

New York 113,070Boston 51,691PoMland 11,297.Montreal 9.429PhUadelphia... 18,533Baltimore li>,870NewOrieans... 8,531

Tjtal week... 232,621 797,139 1,931.858 259,018 137,725 13,966Our. week '82.. 241,039 353,231 897,368 312,898 118,300 7,116

The total receipts at the same ports for the period fromDec. 25, 1882, to Feb. 24, 1883, compare as followa for fouryears:

1882-33. 1881-82. 1890-81. 1879-80.Floor bbls. 2,63-1,803 1,859,112 2,107,503 1,108.848

Wlieat bnsh. 8.331,072 6.2)r>9oI 7,933,370' 5.4')2.37aOom 13.252.357 0,7!2,783 B.073.090 15.533,119Ottt« 3,2.'.9.331 3,07,-),-60 3,522,520 i;,726 511Barley 70i.>,803 91^.487 0S2.441 9011.285Rye 154,621 90,613 293 311 159.719

lotalgrain .... 25,608,188 IMloTsIo 22,111,714 21,747,9;8

Page 37: March 3, 1883, Vol. 36, No. 923 - St. Louis Fed · 0jllinttt: xmm hunt'smerchants'magazine, ftffiprbsbntinotheindustrialandcommercialinterestsoptheunitedstates vol.36. newyork,march

Mahoh 8. 1888.) THE (^HRONICLR 261

The exports from the several seaboard ports for week endisK

Feb. 24, 1883, are shown in the annexed statement:

Exporttfrom- Flour. Wtitai. Oom. Oau. Sye. Peat.

NowYorkBoHum. .

.

Portlftn<l

.

MoptnMil.PhllBilpl..

Biillliii'ie

N.Orl'ns .

Bblt.1 14.40425.278ll,29y

3,40815,270

012

Biah.380.35085.77362.83.-.

30,60l)79.383S3,751

728,092

966,356

Both.342.90130.179

265.!508243.390242.990

Biah.4.633

Biuh. Biuh.0,6178,0(il

9,550

Tot*! w'k.B'me Muir

18«'2. .

170,270

134.394

1,130,974

577,857

4,633

718

27,258

16,020

The d.*Htination of these ezports is as below. We add the

corresponding period of last jear for oomparlson:

Kaportiifor weeklo—

U.i.Klng.(."ontlu'nt8.&C.AinW. Iucllt'8

Brit. Col'sOtb.o'ut'8

Total.

Flour.

18S3.Week,

Feb.2i.

Bbl».121.777

2,12318.8iO20,0810,640

;;36

170,270

1882.Week.

Feb. 25.

Bblt.108,382

5.9007.90S

11,953231

134.394

Wheat.

1883.Week.

Feb. 24.

BusK.588.018137,272

728,092

1882.Week,

Feb. 25.

Bmh.738.229228,027

Oom.

188.S.Week.

Feb. 24.

BuBh.940,021i.w.aso16,.'.9:)

4,533190

8,344

966,250 1,130,974

1882.Week.

Feb. 25.

Biikh.470,l."i48».7781'<.3H58.630

.^7 7,8,57

By adding this week's movement to oar previoas totals wehave the following statement of exports since September 1, this

season and last season.

Flour. WTieat. Corn.

ttvfwrtf tince 1888-83. 1881-82. 1882-S3. 1881-82. 1882-88. 1881-82.Sept. 1, (o-

Sei,t. 1 U> Stpt. 1 to Sept. 1 to Sept. 1 to Sept. 1 to Sept. 1 to

Feb. n. Feb. 23. Fib. 24. Feb. 25. Feb. 24. Feb. 25.

Bbla. Bblt. Bmh. limh. Bmh. BlMh.

Vn. Ktn^om 3,678.317 1,628.660 24.407.450 20.345.096 10.190,925 14.996.839

Continent . .

.

S48.777 105,480 10.708,657 7.060,725 1.457,592 3.505.BS1

8. A C.Am... !»»,757 337,358 88.678 4,583 114,990 2U7.879

West Indies. 481,494 321,444 36.581 19.760 232.345 291.610

Brit. Cornles 808,066 280.171 7.806 67,308 79.120

Oth. countr'8 82.388 20.600 200.4'.S 200,288 79,329 34.283

Total 5.223.798 2.671.713 44 448,506 .7,630.432 12.142,480 19.176.182

The visible supply of grain, comprising the stocks in granarjat the principal points of accamalation at lake and seaboardports, and in transit by rail and water, Feb. 34, 1883, was af

follows:Oom, Oats,bush. bush.

813,211 042,14833,000 300,000 04.00028.000 08,000 1 10.000

877,358 824 29,199

Wheal,In store at— hush.

New York 5,884.3.30Do. »float (est.)

Albany (est.)

ButfaloDo. afloat

31ut«i)toDo. afloat

Milwaukee

.

Barley,hush.73,23875,00093,000293.038

5.686,159325,000995.799

Duluth 1,236,145

4.232,073 1,539,280357,17752,427

174,592

Rye,bush.223.151218,00097,00026.34835.000589,810

2,598 22,175 ,188

1.553,278973,581120.000

1,094,605288.556364,077192,941727,477

9.045387.100255.390979.87052,000445.297

457.16714.97045.000

1.587.98576.2002.8875.970

394.8.i996.66091.500

537.514309.860114,370

6,656

Toledo.DetroitOaweKO8t. LouisBoiitonTorontoMontrealPhUa.lelplilaPeorialudian.!pollsKansas CityBttltliiiore

Down Mississippi.On rail

Tot. Feb. 24, '83. 22,.509,91 1 11,528,933 4,165,220 1.5.")«.859 1.647,163Toi. Peb. 17. '83. 21.971.108 11.140.170 4.098.420 1.800,507 1,600,429Tot. Fel>. 10, '83. 22,288.094 10,576.733 4.029.082 1,9 ;9.034 1,536,101Tut. Feb. 3, '83. 22.',i89,430 10.7 i0.651 4.^32,164 2,057,761 1.646.084Tot. Jan. 27, '83. 21.909.118 9,550.497 3,985.193 2.303,52 i 1.506,689Tot. Feb. 25, '32. 17.043,992 15,650,329 2,412,225 2,286,407 1,110,817

36,5484.2032.000

152.03486.8541.886

78,73689.394

132.09528,10018,126

4,50014,188

175,00045,7315,479

130.65228,909

8.060885

73,00050,4501,1'24

6,63622.761

133.62515,10029.171

24.4341,909.993 1,123,385 409,701 37.834

THE DRY GOODS TRADE.PiiroAT. P M.. March 2. 1833

The market for dry goods has shown more animation the pas*

week, and the volume of business was at least encouraging, if

not quite up to expectations. There was more activity in the

jobbing branches of the trade than at any time since the open-

ing of the season, and while staple and department goods were

distributed in fair quantities by dry goods jobbers, a materially

increased business was done by the wholesale clothing houses.

There was a steady demand at first hands for small reassort-

mente of domestics, prints, dress fabrics. &c., and very fair

orders were placed for heavy woolens by clothiers and jobbers.

• The tariff agitation in Congress has unfavorably influenced the

demand for foreign goods, and in this connection buyers con-

tinued to operate with extreme caution and in accordance withactnal wants. The tone of the general market is firm, and stocks

are by no means redundant, in view of the large demand for

consumption that will probably be developed as S(X>n as the

weather becomes more spiin^-likej

DoMBHTio CoTTorr OooM.—The export* of doni^tiai for th«week were 1,924 packages, of which 1,0«9 wi-re Rbipp«d toOhina, 198 to U. S. of Columbia, 14t> to Mexico, 140 to Haytl,106 to Santo Domingo, and smaller lota to other m»rki>tii.

There was a good, steady demand for brown and bleached (sot-

tons by personal selection and through the medlam of ordnn,and prices ruled firm on all the moat desirable brands. Corwtjeans, satteens, wide sheetings, qoilta and white goods werealso in good request and firm, but most desoriptiona of coloredcottons were sluggish in agents' bands. Printcloths were a little

more active, but prices receded to 3^c., less a small discoant.

for 64x64s, and 3^c, for 56x60b. at which flgnres both "spota"and "futures" were sold. Prints were in irregular demand,but a satisfactory business was done in some leading makes,and prices ruled steady on all desirable calicoes. Ginghamawere jobbed more freely, and agents experienced a light demandfor fine and standard dress styles, seersnckers, 4o.

Domestic Woolen Goods.—There was a fair bnsinew in heavyclothing woolens with buyers on the spot, and orders frontraveling salesmen were received to an important amonnt bysome of the commission houses. Fancy cassimeres were in

pretty good demand by the clothing trade, and considerable

orders were placed for the finer grades by cloth jobbers.

So with worsted coatings, in which transactions were fair in the

aggregate, and there was a steady movement in overcoatings

and cloakings. Prices remain firm on all clothing woolens of adesirable character, and some well-known makes of heavy cassi-

meres have been advanced about 10 per cent, owing to the

enhanced cost of the staple. Satinets were in fair request, with

most relative activity in the best grades ; but Kentucky jeans

and doeskins ruled quiet. Wool and worsted dress goods werein moderate request, and a fair business was done in carpets at

steady prices.

FoKEioN Det Goods,—There was a slight improvement in the

demand for imported goods at first hands, and the jobbing

trade was rather more active; but transactions were chiefly con-

fined to such small parcels as are required for immediate dis-

tribution. The feature of the week was a large aaction sale of

silks, which proved to be a success, both black and colored silks

having been sold with considerable freedom at fair, though not

very remunerative, prices.

Impartatlons of Dry Oood*.

The importations of dry goods at this port for the weekending March 1, 1883, and since January 1, and the same factn

for the corresponding periods of 1882, are as follows:

E- o.'i

1: i

"

^K) occor> c*.ot cctoo K;»CO CO

y» bw-.1

to •jw1^ C-. .1

n COKl

00> &30>

fcO -r o -t- O

OOOCi3;0

tOife.|t»n-->00

"cp ft I*-loor-*ltOCft!D

I"*Iow 1 w

to*,i— 3»03<yt<»

^»0 CD — -^03*-

COO)coco

CDi-*0005

CD^[

ccio !

la VI

<0O '

OSOCDC"*.

acic;«^w*cnM *.X t- to

*. ^ W C» -JCO --) CO to COcjt ^1 g oa to

05QDCD0JO-J to 'O W MltOOSQOO>«

K) oi h-w en10-^1 cocao

O D

1; pfio .

s- I:s.

00j"o:'o>coco

ocoCD CD

CO -IU'CO

toWCJi

ccwceo

tro.ODOlto—

>->o> tocoyi-'icooB*-CPOCOCCQ

o, y» au CO toh3^CSOt3

toOuCi^^COCOVh-*-JDOcoos-a-ioa

CiOr-^COci-y-coto*»c:ooeODaA-wbsVo— C;i0c»cflOiCMC^iOCOO

i "icco ClCltOW*-rc CO c «^a

OtOttCOM acoccDcoCOOO

I

;^*-jC_WCOoi"i- toVi'— Vc'_-I0 QnCi!©C;»COccao too—v^

cnwfXiOi

C00»coosto 30

cp*.

M — l^|b.COCOOQOrcr*

eoio — iP-co^ rCOtOTr-MlOfiCOQC

3 S

g::g.£

I

^^tOMtOM7t-0*-0MaiooGocjo*cor »-oto

tOif^OO:-^cc — tgoDO00 «• vi i5ea«B>otOOOCSA•r^OOOOlCAIf- CO too; OP

o— to — I-CO V] a. CO o:^tw^lCOC^O)

QOiCCO*- VI

00^QOS

tcto^to*-*to — C^Cfl*^

coi-'C^-aCO :^' C CJt

»

io*» res—M^tOUQOeotoC'ft-o

te?

I

ow»;tcOxtccsco

I qtrcocMO

!0 I ^-'WW?'*'

kO Ia*:;>xao«k-K

W CIo c^jO to

to , to00-*^col MCbii^CMC^

Page 38: March 3, 1883, Vol. 36, No. 923 - St. Louis Fed · 0jllinttt: xmm hunt'smerchants'magazine, ftffiprbsbntinotheindustrialandcommercialinterestsoptheunitedstates vol.36. newyork,march

262 THE CHRONICLE. [Vol. XXXVl.

FUiancial.

John B. Manning,'' BANKER ANP BKOB.ER.

No. 6 Wall Street, New York Cltj,

SOUTHKKN SECURITIESA SPECIALTY.

State Municipal and Kallway Honda and Coupont

boulman" .old at beBt market rates Inyeatorso.

dealers wishing to l)uy or sell are InvUed to communl

"Member or the New Yorlc Stoci E^cnange.

Commercial Cardi.

George Eustis & Co.,

B R O K E K S

CINCINNATI. OHIO.

Swan & Barrett,BANKERS AND BROKEKS,

186 middle Street,

PORTLAND, MAINE.Dealers In GoTernment. State, County, aty and Ball-

road Bonds, Bank Stocks, &c.

Desirable Invostment Socuritlos constantly on nana.

Brinckerhoff, Turner

& Co.,Manufacturers and Dealers In

COTTON SAILDUCKAnd all kinds of

COTTON CANVAS, FELTING DUCK, CARCOVERING, BAGGING, RAVENS DUCK, SAIL

TWINES, &C., "ONTARIO" SEAMLESSBAGS, "AWNING STRIPES. ,

Also, Agents

UNITED STATES BUNTING CO.

A full supply, all Widths and Culorts, always In stock

No, 109 Duaiie Street.

Publicailons.

Commercial Card§.

Dan Talmage's Sons& CoMILLERS, FACTORS

AND COMMISSION MERCHANTS IN

RICE,96 Wall Street, New York,10, 12 <k 14 East Bay, CUarlcston,

108 Bay Street, Savaunab,41 ^t 43 NortU Peters St., New Orleans

Bliss, Fabyan & Co.,New York, Boston, Pliiladelpliia,

SELLING AGENTS FOB LEADING BRANDSi> ROWN Sc BliEACHED SHIRTINGS

AND SHEETINGS,PlilNTS, DENIMS, TICKS, DUCKS, &c.

Towel . <luUta,Wliite Goods& HosieryDrills, fluseliiiya. <tc, for Export Trade.

Joy, Lincoln & Motley,SUCCESSORS TO

E. R. mUDGE, SAWYER &: CO.,4 * 45 WuiTE Street, 15 Chauncey Stkeet,

NEW YORK. BOSTON.AGENTS FOR

Ocean mils Co., Atlantic Cotton mills,Peabody ITItlls. Clilcopee Mfg. Co.,

EUerton New mills, wriilte mrg. Co..Saratoga Victory mrg. Co.,

Hosiery and Yarn mill*.

Herring's Safes.THE IIIAIMI'IO:^ RECORD

IN ALL GREAT FIRES.

Columbia Bicycles.Thousands In dally use by doctors,

lawyers, ministers, editors, mer-hahtB, &o., *c. Send 3-cent stamplor elepmtly Illustrated 36-page

catalogue to

Tlie Pope Mfg. Co.,

642 Washlnirton St., BOSTON, Mass.

New York Riding School,

214 E. S4TH ST., Near tuibd ays

W. W. Farmer,mONROE, LOUISIANA,

CouHsellor, Solicitor and .Attorney.

Pmrtlces In the Dl.xtrlct Circuit and Supreme

CmX of the United States and of the State, In al

olMses of cases. Has no other business, and devotei

hl?^™nol attention and all his t.me exclw<ivelij to

his profession. Refers to Bank of Monroe.

Pnbllcations.

[Now Ready.]

TUB

SPECULATION AND INVESTMENTIN STOCKS AND SHARESw^iTH A miNimum risk.

EXPLANATORY BOOK, Just published, gratl*

and post free upon application.

OPERATORS IN STOCK EXCHANGE SECURI.

TIES should test this system, by which large proat«

><» reallied, and the possibility of losses reduced to

a minimum.OPINIONS or THE PRESS.

Cit'fl Service Gazette—"Vbe system recommendedby Messrs. Gutteridge & Co., Is easy to comprehendand safe." John Bull—"An easy and apparently sal*

system, worthy of public confidence." I'uurr Jfmnuit—" An excelleiii way of speculating, ably set l<jrth

(".yilinn~'Ar nteresting book. This system com-mends Itself as being a very safe one." Netm oj the

World—" This book is well worth reading. One can-

not do better than retain their services."

\r. GUTTERIDGE & CO.,

SWOBN BROKERS, No. 7 DRAPERS GARDENS

liondon E. C. England.

A MILLION A WEEK!TO THE BUSINESS PUBLIC—The subjoined

table shows the total circulation of the several

editions of THE SUN for 1882, as compared with the

corresponding figures of the preceding year

:

i8saDAILY 44,6r8,6.'56SUNDAY... r,414,114WEEKLY. 3.443,-^«0.

1881.DAILY 39.701,161SUNDAY... 7.037.«i01WEEKLY.. 3,408,134

251 Hi 262! liroadway. New. York.

Financial Review,

(ANNUAL.)

1SS3.A YEAR BOOK

OF

FINANCIAL INFORMATION

FOE

Bankers,

8tock Brokers,

Merchants,

Investors.

Priiie ol the Revlcv, bound In cloth, - 8!J 00To SubHCribers oi the Coiniiiercial

f i oOand KiuaiiciRl Ch**oiiicle. - - - - S

Pomase (when sent by Wail,) - - - - 10

WILLIAM B. DAWA &, CO,

PUBLISHEKS,

T9 & 81 'William Street, New Yorb:.

Total S3..536,030 Total ...SO •i3U.919

Five million more SUNS were bought and read in

1882 than In 1881. The average circulation of the

severe editions during the whole of the past year wa«:

DAILY 143,200SUNDAY 141.810WEEKLY.... 66,416

THE SUN has advertising space to sell. From Its

compart form, an advertlsment in THE SUN 1« morereadily seen than in the blanket sheets, hence a fewlinos In its columns will serve to attract the widest

attention. A five line advertisement in 'i'llK SUN,costing only two dollars, reaches over half a million

readers. Tnls Is unquestionably the cheapest andmost efflelent mode of attaining publicity and procur-

ing customers anywhere obtainable.

ADVERTISING RATES.In Daily and Sunday Edltkms the price of advertis-

ing Is Forty Cents per Agate Line. Large type EightyCents. Heading notices one Dollar and Iflfty Centson third pn»ie and Two Dollars and Fifty Cents onfirst and second |)ages, per Agate lino.

In Weekly Edition the price Is Fifty Cents per line

ol Agate space, without extra chiirgo for large type.

For preferred positions, Seventy-five Cents to TwoDollars per line.

THK SUN, 160, 168 & 170 NASSAU ST.. N. Y. CITY.

Insurance.

UNIONMutual Life Insurance Co.

OF MAINE.DniKCTOBS' OFPICI - - - PORTLAND MAINE.

ORGANIZED 1849.Assets $6,2«4.21S 57Surplus (N. V. Standard) 678.545 53Deatli liOsses Paid - - 6,876,901 76Div^idends P«ld - - - 3,996.441 2713,725 , Policies In force, lusurlns

$24,083,551

Paid Death Losses, since Organization,

SEVEN MILLION DOLLARS,And for Dividends,

NKABIiV FOUK MI1.I.10NS.

JOHN E. IJeWlTT, President.

DANIEL SHARP, Vice-President.HBNRYD. SMITH, Secretary.NICHOLAS DE DROOT, Ass't Seo'y.

THOMAS A. FOSTER. Medical Director.

MUTUAL LIFEINSURANCE COMPANY

OF NEW YORK.

F. S. M^IKSTOX, President.

ISSUES EVERY DESOBTPTIOS Or

LIFEd: ENDOWMENT POLlCIEt,

Rates Lower than other Companies.

ORGANIZED APRIL 14TH, 1842.

ASSETS. $95,O0Q,PQO.

Page 39: March 3, 1883, Vol. 36, No. 923 - St. Louis Fed · 0jllinttt: xmm hunt'smerchants'magazine, ftffiprbsbntinotheindustrialandcommercialinterestsoptheunitedstates vol.36. newyork,march

Mabor

A T i

If

Mutual

NE\

The TnifiteOB, In

the Coinpaiiy, 8til>

of ltd affairs on the

Preiuiunia on Marii

l8t January, 1882,

oeiuber, 1882ProiniuuiBOU Policies no

off iBt January, 1882.

Total Marine Preml.

Fromiunis marked off'

January, 1882, to."

b«r, 1882

Losses paid during

penoa

Betnnia of Premlomspenses

The Company has the folio i

United States and State of N<"

York Stock, City, Bankother Stocks

Loans secured hy Btoo>

otherwise

Keal Estate and Clalw

Company, estimates

Premium Notes andceivablt)

'C»»lk'aLBa«l£.

Amount

BIX PEK CENT IN

InR certificates of pi

holders thereof, or thi

on and after Tuesday,

next.

THE OUTSTANDING C-

the issue of 1S78 will be red^

the holders thereof, or their le

tlves.onand after Tuesday, the>ruary next, from which data all intere^

will cease. The certificates to beproduv.

the ticce of paj'ment and canceled. ^/

A DIVIDEND OF FOKTY PER fdeclared on the net earned premlu-

Company, for the year ending 3l8t 1

1882, for which oerttttoates will be i

and after Tuesday, the Flist of May nex

Bv order of the Board,

J. H. CHAPMAN. 8ecreti

TRCHTEEHiJ. D. Jonee,

Charles Dennis,

W. H. H. Moore,Lewis Curtis,

Charles H. Bussall,

James Low,David Lane,

0<H-don W. Bumham.A. A. Baven,Wm. Sturgis,

BeAlamln H. Field,

JTjeiah O. Low,William E. Dodge,Royal Phelps,

Thomas F. Youngs,

C. A. Hand,John D. Hewlett,

William H. Webb,Charles P.

Horace Oray,

Edmund W. Corlles,

John EUiott,

Adolph Lemoyne,Bobc. B. Mintum,Charles H. Marshall^

George W. Lane,

Edwin D. Morgan,James G. De Forest.

Samuel WHletts,

Charles D. LeTerloh,

William Bryce,

William H. Fogg,Thomas B. CoddtngtoaHorttoe K. Thnrber,

William Degroot,

John L. Rlker,

N. Denton Smith,

Buidett.

JOHN D. JONES, President.

CHARLES DENNIS. Vice President,

W. H..H. MOORE, 2d Vice-President

A. A. RAVEN, 3d Vioe-Freaident. '_

Page 40: March 3, 1883, Vol. 36, No. 923 - St. Louis Fed · 0jllinttt: xmm hunt'smerchants'magazine, ftffiprbsbntinotheindustrialandcommercialinterestsoptheunitedstates vol.36. newyork,march

8, 1888.

p. Baiek.M. Balek.

Sons,

NEW TOKK.* Htreet, N. Y.I 8t.f New Uaveu> EXCHANGtr.S and B0XD8 far

-ct to check at sfKbt

VRSTMENTS uod

& Co.,

O N

MERCHANTSzcbange Place,

NEW YOUh

'"fhe PnrobMe and Salt*ve»*7 ot Cotton.

Tainter,.N mEHCHANT

r, NEW YORK.'ROMPTLT EZECDTED.

JMEce CompanyW irORK,

BEOADWAY.

13.000.000 09lums 2,11B.K)S 00.na Claims . SlT.Stxl 01

l,774,au 06

•88. »7.208,489 07

OIN, President.KN, .Secretary.

NACompany

tcARTFORD.y 1,1883 $9,054,610 58

I- unpaid losses

insurance fund 1,S61,429 46*l 4,000,000 00

fET 6URPLU8 $3,193,182 IS

^ Courtlandt St., New York.>. A. ALEXANDER, Agent.

Worth British

Mercantile Ins. CoOF

X.ONDOnr AJVIO edikburkh.United states Board of ManagcwRn:

liEW TOBK :

SOLON HXJMPHRBYS, Ch'r'n,(B. D.Horgan ^fc CcDAVID DOW8, Esq. (David Dows & Co!)B. P. FABBRI, Ksa. (Drexel, Morgan *Co.)Ho». 8. B. CHITTENDEN.IZRA WHITE, Em.

J. A8T0U, Esq.

JHAS. £. WHITE, SAM. F. BLAGDENtMANAOEBS,

Office 64 'William St., New Vorh.

K^ommercial ,

Union Ins. C^o,tor LoifDoir/,

ALFRED PELL,Sttident Manager:

37& ^ Wall Street.