. —
AND W HUNT'S MERCHATTTS' MAGAZINE,
RKPKKaKNTlNO THE INDUSTRIAL AND COMMKBOIAL INTKftBSTS OF THE UNITED STATES, ntered MsoordlDg to Aot of Oonifnu, In tlte jeia 1892, by Wm. B. Uama A Co., In the omcv of th« Librarian of Ooagtett, •>'aakln«rtoi, D. O.
VOL. 55. SATURDAY. OCTOBER 15. 1892. NO. 1.426.
per cent. Through the courtesy of the manager of the Clear- ing House at Jacksonville, Fla., that city is now included ia our table. TenoB of SabBcription—Payable in AdTaiic«: l»or One Year $10 00 Wt4k MntFi OM. V ror Six Mniithe 6 00 i£aroi><-an ^ul<»>cription (IncludluK postaKO 12 00 Earoiieaii Subscription Six Montna (Inoliiillnft postage). 7 00 Annual Rubecrlptlon in London (lnoladln)C postage) 42 lOs. New Tork Biz Mos. do. do. do. Ml 108. SalMof- lie INVESTORF' 8CFPI.EMKNT Of 160 p»(tes id lesued every othur (Stoelu ikarM.) month, on the last Satiirilays of Jan., March, May, July, 8t*pt. and (Ootlon *«lM.) (Grain biuMt.) Nov., and fumiehed without extra charge to all subscribers of the (Pttrolewn bbtt.) Chhoniclk for six monthn or lonfjor. The 8TATK ASH (ITv 811PIM.EMKST of 184 pages Is also glyen to every Boston yeaWy subsinlicr of the Ciiuokkle. ProTldsDM. Bubsorlptions will be continued until definitely ordered stopped. The Hartford pabllshers cunuot be reenuusible for remittances unless made by drafts New Haven SpriD.;dela Office orders. or Post money Worcester >11e covers arc sold at 60 cents each, and to new subscribers for a PortUnd year one file cover Is supplied without charge ; postage on the same is Lowell 18 oenu. New Bwlford. Terms of Adyerlising—(Per Inch space).
Onetime $3 SO I Three Mouths (13 times). .$25 00 One Month (4 times).. 11 00 Six Mouths (26 " ).. 43 OU Ptallsdslphla. PlttBbarK. Months (8 " ). 18 00 1 Twelve Months (52 " ).. 58 00 Two Baltiniurs Buffalu London AKenta t Waahlngton Messrs. Edwakks A Bhitu, 1 Drapers' Gardens, E. C, will take sub' Rochester... •orlptlons and advertisements, and supply single copies of the paper at erracBse Is. each. WUmlnxton (IVILLIAin B. DANA A Co., Pnbliataera, BlDiihaaaton. WUXIAIl B. nklfk. 102 Vrilllam Street, NEW YOKK. Total MMdle. fOHH O. FLOTD. Post Office Box 958.
Chiesco, . Cincinnati, CLEARING HOUSE RETURNS. Milwaukee, Detroit... The foUowinf; table, made up bj telegraph, etc., indicates CleTsiaad that the total bank clearings of all the clearing houaes of the Colnmbaa ludlHnapoUs United States for the week ending to-day, October 15, have Peona been $l,ia.l,8o3,185, against 11,346,393,500 last week and Qrand Rapids I.«xin«ton $1.230,662,llt< the corresponding week last year. The figures for Now York this year cover only five days, the Columbus holiday having interfered. San rranolsoo. Portland Rait Lake Oltj CLXARIHOa Wuk Mndint October IK Seattle Tacoma iittwiM by Tilairark. leea. 1891. P«rO«n(. Los Antcsles iireat Falls, Sew York •820,301.835 •585,119.848 -lS-3 Ueieoa*... Spokane Boston 85,835,100 83,143,543 +3-2 ruikdelpbU 69,130,026 56.130,031 +5-8 Total Paelflo +8-3 BaltUnore 18,541. 6S8 12.502,986 Kaoias Cltj Ohloago 80.811.000 78,386,000 +14-5 Minneapolis... St. Paul Bt. Ix>ais 33,067,180 21,429,463 +7-6 Omaba •w Orleans 9,284.126 8,162.660 +13-7 OenTer I>alnth -6-3 Beveo olues, & days •801,971,325 •855.874,508 8t. Joseph , Other cities, i days 165,486,297 168,488,926 +1-2 SlunxCity lies Molnss WIcbiU Total all elties, •967,467,622 • 1,019,373,134 —5-1 6 days.. Lluoeln 11 dues, 1 day 213,884.863 211,378,884 +10 Topeka
Total all cities for week.. »1.180.652.485 tl.ii30.e52,418 The full details of clearings for the week covered by the 8t. Louis New Orleans. above statement will be given next Saturday. We cannot, ol LoalsTllle course, furnish them to-day, bank clearing being made up by (iaiTeston UoOBtOU, ... the Tarious clearing houses at noon on Saturday, and hence in KIchmuQd.... the above the last twenty-four hours of the week have to he SaTauuali .... NaahTllle in all case* estimated, as we go to press Friday night. Memphis Below are our usual detailed figures for the previous week, AUauta Norfolk that is covering the returns for ttie period ending with Salui- Dallas, d^y noon October 8, with the comparative totals in 18U1. The Fort Worth Waco. aggregate of clearings for the week is fully two hundred and iilmUM(bani. fifty-hve millions of dollars greater than for the week eudmg Chattanooaa. JaeksouTlUa*. October 1, the increase being due mainly to the usual monthly distribution of interest, etc., and to the increased volume of speculation at New York. Transactions in share properties on the New York Stock Exchange have been much heavier than in the preceding week. Contrasted with a year ago the week's dearings show a gain of 97 per cent, the New York ijgures exhibiting an excess of 46 per cent, while for the remainder of the country the increase reaches 17 '4 per cent. The most important gains have been at Des Moines, T3-7 per cent; Omaha, 50-3; JLincolu 495, and Sioux City, 439 * Hot laelnded la totals. (514 THE CHRONICLE. [Vol. LV.
THE another adverse circumstance of a special nature has- been the lateness of the cotton crop, the exports in STATE AT^D CITY D£fA^TMEWT. September this year, according to the Bureau's figure?, For an article on the South Carolina debt question and for being only 185,206 bales, valued at $6,943,055, against
" other Cityand State matters see pages 647, 648, 649, 650 227,796 bales, valued at $10,857,354, last year. Still and 651. another fact is the unsatisfactory prices which prevail All advertisements with relation to State and City Bonds in Liverpool now, and which prevailed during all last likewise be found on the same and following pages. will month, leading to the holding back of both cotton and breadstuff?. Of course the cotton must go for- ward later if it does not move at once, and the price FINANCIAL SITUATION. THE will in the end have to be governed by the size of the The course of business has been greatly interrupted crop. With reference to breadstuffs, we have prepared T)y the holiday character of the week. Though only in a subsequent article aggregates of this year's yield, Wednesday had that name by legal appointment, yet made up from the Agricultural Department's figures, from Monday to Wednesday, both inclusive, only about issued this week. Our readers will find it a very inter- half the usual force was given to work. Our people are esting review of the probable situation in this country. of late years taking more kindly to an increase in the We do not undertake to set out the world's product portion of time allotted to rest and recreation. Not so and consumption, but the facts coming to hand now very long ago even the four holidays which we might seem to indicate that our surplus of wheat will all be almost say have always had a place in our calendar needed, and if that inference is correct the price at "were looked upon by the business world as not much present ruling would appear to be extremely low. better than lost time, the hours being grudged which There was a rise in silver yesterday in Ljndon which had to be withdrawn from the ordinary industrial occu- was quickly responded to here. This advance has not- pations. When the half Saturday was taken out been unanticipated and is supposed to be a healthy
of the week's working period and given over to movement and the result of natural causes. It is a. play, its observance was forced upon the community, noteworthy fact that silver has been remarkably steady-
for no one favored it j now the whole of Saturday, since September 1. It was on that day quoted in Lon-
except in midwinter, has got to be a kind of dies non don at 38^d. per ounce ; it kept at that figure almost which nearly all of us enjoy, but many of us no doubt all the month, on no day going lower, and closed
enjoy somewhat against our will. After, however, see- at it ; on the 13th the quotation was 3S 5-16d.,. ing the unanimity, and the heartiness, and the good- which was the highest reached in September, natured way in which the public has entered into this and only for a very few days was the price a* week's celebrations, it will liardly do to say that those high as 38id. Since October began the quo- celebrations have not supplied a real want, and that tation has however been rising—last Friday it was 38fd the community is not better for the occasional recur- and yesterday the cable reported the price at 39;^d. or rence of like observances. They have interrupted l^d. above the price ruling during almost the whole of
business no doubt, but they have not hurt it ; we have September. The general feeling is that the produc- at once picked up the work which was for the moment tion of silver has been curtailed somewhat under the dropped, and the sam« activity, with, may we not addj influence of the very low market value which has to- increased cheerfulness and hope, is in progress again. long been current, and therefore that a rise is legiti- The important change in our foreign trade move- mate. It is possible that a speculation may be at-
ment which we have on previous occasions noted, is tempted and perhaps engineered under the influence farther illustrated to-day by the preliminary figures we of rumors gotten up respecting the action of the Mbne- give below in this article of the exports of breadstufls, tary Conference so soon to be held at Brussels. We- cotton, provisions, &c., for the month of September. trust that this will not bu done, for one experience of
It is a significant fact that every item in the table the kind is enough for a generation. shows either a large or a small falling off from the cor- Those who have been insisting so strenuously on the- responding movement for September 1891, a condition continuance of easy money and the small amount of evidently indicating the action of general needed in marketing the crops this year have influences ; currency whereas the total of all the articles is far below the not proved wise prophets. Last Saturday ttie associated total for a year ago, and also largely below the similar banks showed a surplus reserve of only $1,936,575, total for 1890. Thus wheat exports (including flour while five of the larger institutions held $2,914,300,. reduced to wheat) in September 1892 were only 17,- indicating very clearly that most of the banks could 686,442 bushels against 24,655,707 bushels in 1891, while not be free lenders. Besides that, the movement com exports also were about a million bushels smaller of money to the West to move wheat, corn, &c., is still than a year ago. As the prices of wheat were likewise free, and the cotton crop which is late this year needs lower the values this year aggregate only 815,840,384 provision for some little time yet. So altogether there against $20,260,238, the export price of wheat being seems no good reason for believing that the wants of
only 80| cents per bushel against a trifle over 81 04^ the interior will be at all below 1891. There i-i, how- in 1891. ever, a larger supply of funds than usual at this period Taken together the values of all the articles included of the year coming from the Eistern and Middle States in the statement (breadstuff^, provisions, cot;on petro- as quotations for money get higher here, and this in- leum, etc.) aggregate $40,315,746, against $59,451,347 flow has hitherto afforded considerable relief to our in September 1891, which shows the very large de- market. In the meantime the Treasury seems to con- crease of over 19 million dollars, every item aj already tinue to increase its holdings of curiency, though th& said indicating a, loss. No doubt this general decline present week the increase has not been large. It was sup- is in some measure due to the disturbance of a free posed that the interest payment on the four per cents movement of our products which the cholera caused, due the first of the month would lessen the Govern- flaore particularly in the early part of the month. Bu t ment's balance. But the revenue appears to be so ; —
OCTOBEE 15, 1893.] THE CHRONICLE. 616 ''
greatly iocreased that the infloir has hitherto kept in ton, etc., which we hare remarked apoa abore, it
excess of the outflow except for a few days last week. subjoined : Though money has baen aotiyj it is claimed there XPOBT* or BBCiosTorra, pbotuiom, oottoh abd pbtbolbum. has been enough to supply the demiai and only be- MmporU 18M. 1881. 1800, high rates. call, repre- lated borrowori hara piil Oa Aram C. 8. SeoUmbrr. » ATontAj. Stpttmber. 8 MdiUlu » MaiM*. it at at senting bankers' balances, hai loaned 10 and 4J QunnlUtel. par cent, averaging 6, at which renewals hare been WhuLbuih. 10.881.800 89.4I1.8M 18.488,174 81.840.083 8.008.878 S7.4t0.2M riour...bt)U< 1.&M.8S8 18.248,384 1,148,888 8324.101 780,808 83».ia*
made ; baiks and trust compatiios quote 6 per cent as Wbaat. .ba. 17.888.M8 144.68».1»7 «4,868,707 181.848,488 8331.t>S 74,803.aO» the minimuTi. Oa time lenders have taken a firmer Corn... both. 1330.888 81.880,; 14 8388,818 18,7e8,5U 8,816.88 • 81,324.014 stand as to rates and borrowers are more disposed to Tot. bub.. 18,518,788 108.90»,»11 87,481,888 140.146,874 8.588.781 186,1 V),eA accept the offerings at high figures than they have been Valiut. 1 1 8 • 1 Wh'tifloor. t53i0.3S< U3371,4U 88,380J3d 180.888.732 6.297.07(1 70.830,887 for at least throe months ; the supply of money is good CornAmeai. 1.088.848 88,818,470 1.880,188 18.180.824 13S6.031 84.641.083 Rjr* 11»,877 4,180,(87 8,889,388 8388,884 18 at 5 per cent for thirty days and 6 per cent for ninety dajs 978.770 Data Jkmaal. «^8IS 8,288.488 178,468 4*8,888 81.183 4.600380 to five months on good mixed collateral. In commercial Barler Z81.S«S M8.188 183,870 788,980 18.031 888.840 Br'dBtaffii.. 17.303.098 ISSAtt.OO! 81,482,021 U6,a!6,128 7.108.348 Iin.898310 paper business is at a standstill, so far as the city banks ProTUloas *. 12.<73.03S 129.711.803 13.181,381 111,876.203 14,»'>3300|l2l.7«S/)8« are concerned, and the inquiry from out of town is Cotton 8.0J3.0S5 182.S09.8» 10.8>7.1ISl 144.979.780 21.O91.84o'll8.O9t.«01 P«trorm,&c. 8.303.088 8(>.Ul.eS6 8.830.681 6,370.5li: 37.178,386 light ; there is a good supply now of first class names Tot. valne. 40.818.748 408.207.801 6».431.847:43«l,007.(»0 4a.l;0.<03 387.7«»342 which are accumulating in the market ; rates are 5 to • Tncludlnir fiattle and hnan tn al) months an"! Team. NoiE.—All tho aiK)ve flijurei arn per cent for sixty to ninety day endorsed bills re- ba9>;J on llie m^ntbly prellmlOBry 5i Ktiiro;* IsHiioil by ibn Bureau of Htattstlc^, aad cover about 9S per eea8 of tbe total exports of tbe artloles iiamed. ceivable ; 5i to 6^ pjr cent fojr four months commission house namep, and C^ to 7 per cent for good single names It is perhaps not strange that the dissolution of the having from four to six months to run. T^estern Traffic Association this week should have oc- About the only features in the European markets casioned no feeling of alarm or apprehension either in this week have been a revival of the demand for silver railroad or financial circles, and should indeed have and an improvement in Argentines and in other South excited hardly more than passing interest, quotations Americans. It is stated that Russia has definitely de- on the Stock Exchange being scarcely influenced at all clined the offer of a French syndicate to take the by the occurrence. The public mind had of courso i;3,000,000 balance of last year's £30,000,000 3 per been prepared for the event, tho withdrawal of one road cent loan, and it is expected that the Austrian currency after another having practically soiled the fate of the borrowings will be effected before January. The cable Association. But the truth is, the event occurs at a reports discounts of sixty to ninety day bank bills in very favorable moment; hardly a better time could have London at 1^ per cent. At Paris the open market been chosen for the purpose. The roads are doing a very
rate is 2 J per cent; at Berlin it is 2^ per cent, and at large business— in most cases larger than over before in Frankfort 2^ per cent. Our cable states that the Bank their history—and there is every prospsct that this con- of England lost £304,596 bullion during the week dition of things will continue for some time to come this, as our special cable further advises us, was due to On another page to-day, in an article on the year's har- the export of £392,000 (of which £262,000 were to vests, we show that the phenomenal grain yield of last
Egypt, £90,000 to Germany and £40,000 to other year, out of which very considerable surpluses still re- countries), to the shipment of £558,000 to the interior of main on hand, has been succeeded by quite large crops Great Britain, and to an import of £145,000, of which the present year, so that there is every assurance of a £60,000 were from Portugal, £55,000 from Australia heavy traffic to the railroads and the promise of consid- and £30,000 from other countries. The Bank of France erable activity in trade and business. In addition,' the lost £119,000 gold, and since the last return the Bank World's Fair at Chicago will further stimulate activity of Germany shows a decrease of about £694,500 of this and add to the traffio of the roads. When business n metal. s} plentiful that the roads find all their facilities fully Foreign exchange was depressed on Monday by the employed, there is no inducement to fight— ai^re than receipt of a large number of grain and cotton bills, and that, such conditions furnish the strongest guiranty of although the tone grew more settled later there was no peace. recovery in Fates and the market was easy at the close. There is still another point to be borae in mind There were some offerings of loan bills, induced by dearer The disposition to quarrel does not exist to the same money on call and on time, but the arbitrage operations degree as it did formerly. Railroad ramagers have in stocks do not seem to have made much if any im- learnt forbearance and mutual conciliaUoa during the pression. Compared with Friday of last week, Brown last few years, and recognize that sasrifices and conces- Bros, opened on Monday at a decline of half a cent per sions are necessary in the interest of the common wel- pound sterling, and there was a further reduction of fare. The different roads are so closely connedtad that half a cent during the morning. Baring, Magoun & any important step by one is sure to affect or involve Co. opened half a cent higher, the Bank of British them all. It has been evident for some time that the North America half a cent lower, and the Bank Western Traffic Association was not a perfect instru- of Montreal was unchanged, but during the day it ment for effecting the end desired, and yet it mast moved the rates down half a cent. On Tuesday Baring, be admitted that the Association accomplished a
Magoun & Co. reduced half a cent and the Bank of great deal of good during its existence ; for British Xorth America followed with a similar reduc- most of the period since its creation rates have tion. There was no change on Thursday or yesterday, probably been better maintained than during the life and the market closed at 4 85^ to 4 86 for long and 4 87 of any other arrangement. The hope must now^ to 4 87^ for short. Rates for actual business were 4 84} to be that out of this and previous similar efforts there 4 85 for 60 day ; 4 86 to 4 86^ for sight ; 4 86i to 4 86^ will grow a new and a better, stronger and more for cable transfers ; 4 83} to 4 84 for prime and 4 83J enduring devfce, adapted to fill th3 requirements to 4 83^ for d jcumentary commercial bills. The prelim- flexible enough not to impose too much rejtraiut on in- inary export statement of breadstuffs, provisions, cot- dividual action, and yet sufficiently firm and pjwarf«il . .
616 THE CHKONICLE. [Vol. LT.
to settle disagreements and enforce determinations re- quiring joint and united action for the common ad- THE YEAR'S HARVESTS. Tantage. I>i the meaatiai.>, the subsidiary traflBc or- On the same day this week that the Department of ganizations still remain, and can fulll their customary Agriculture at Washington issued its report on the function?, fornis'iiug also a good basis to build upon. present year's crops in the United States, there Oil another page we review our statement of railroad appeared in the daily papers two dispatches from gross earnings for S?pteraber, showing a moderate gain abroad which deserve to be kept in view in any con-
the present year after very heavy gains in the three sideration of the crop situation in this country in its years pnctding, and set out the nature of the influences relation to the crop situation of the whole world. The which pRviilol. We have also this week received a first of these dispatches quoted the opinion of the few additional returns of net earnings for August. London Times on the outlook in the United Kingdom, The Mexican National is one of these and presents a to the effect that the year would be a disastrous one very favorable exhibit. Gross earnings are reported at for the British farmer, the chief loss being in wheat •444,700 for August 1893, against $346,683 for August with " no adequate set-off in any other crop." The 1891, and net earnings at $177,855 against $96,235. other dispatch gave a report of the Odessa correspond- After allowing for other deductions, the net income ent of the London News, saying that the four months' applicable to interest on bonds is stated at $124,384 for drought in the south of Russia had reduced the peas- 1892 against $51,244 for 1891. For the eight months ants to despair, and that they were denouncing the of the calendar year to August 31, gross earnings stand Government for rescinding the decree which prohibited at $2,826,192 against $2,750,131, net earnings at the exportation of grain from the empire. The only $970,427 against $747,023, and the amount applica- hopeful sign, the report went on to say, as regards the ble to interest on bonds at $713,782 against $387,- prevention of another famine, was an abundant harvest 088. The Ohio River road also has a good in the Caucasus. statement for August, showing gross of $90,501 The bearing of these facts upon the crop situation of against $65,069, and net earnings of $46,634 against the United States and the world in general will be evi- 28,429. The Cleveland Canton & Southern likewise dent when it is remembered on the one hand that Great presents a favorable exhibit, with gross of $100,645 Britain is the largest single foreign consumer of our against $68,528, and net of $37,020 against $34,955. breadstuffs, and on the other hand that Russia usually The Chicago & West Michigan has net of $54,879 constitutes one of her sources of supply in addition to against the United $55,856 ; the Flint & Pere Marquette $64,560 States. The further statement might bo against $84,791; the Detroit Lansing and Northern made that India, from which also the British Isles ara accustomed $47,916 against $52,193 ; and the Kansas City Mem- to draw some of their supplies, likewise has phis & Birminghaai $6,429 against $9,654. For Sep- diminished amounts to spare the present year. Of tember the West Virginia Central & Pittsburg reports course these are by no means the only elements in the net of $31,759 against $31,905,"and the San Francisco problem of supply and demand. There are other & North Pacific $40,516 against $44,822. factors that must be taken into the account (some as The following statement, made up from returns col- yet involved in doubt) if one is desirous of reaching lected by us, shows the week's receipts and shipments exact results. For instance the wheat crop of France of currency and gold by the New York banks. the present year is a great deal larger than that of last year, and hence that country will not be obliged to Wtk Bndint Oftober li, 189*. SMpptd bv Stt lnur*0' N.Y. Bank: W. F. flanfcj. Hmtmmt. make such drafts upon the supplies from outside Ourenoy. w.ns.ooo •3,651,000 Sain. to24,0oe sources as for 1891-92. Still, the facts •IS. we have cited point 631,000 2,»00,000 Loss. i,ea9,co< very clearly to the probability Total KOld of a good demand upon anAleiraltenilen.... $4,806,000 $5,951,000 Lo»8.»l.U5.e0C the United States for breadstuffs during coming With the Sub-Treasury operations, the result is as months, and moreover make it evident that other follows. countries are interested in the crop results here, as well as ourselves. Wuk Ending October 14. 1898. Into Outo/ SttOhanotin Bnnltt. Btinki. Bank aoUUnf. The figures which the Agricultural Department now Baaks'lDterlor movement, as above $4,806,000 $5,951,000 Lo>i8.$l,145,00( Bab-Treaearr operations issues are not to be considered as final. In fact, 13,800,000 11,400,000 Loss. 300,OOC th« Total gold and lei^al Department has as yet tenders . . $18,406,000 $20.351.0O0lLo88.$l.t» October 18, 1892. is also known, by applying the o; October u. 1881. one to the other we get eotd. auvtr. Totol. figures which ought Sold. Siioer. ToltU. to approach very closely to the i S £ results as they are likely to appear in the Governraeijt'a ngland. te,08S.514 26,085,514 23,182,821 28 18e.H21 final TtUMt M,931.192 &1,851,S17 118.282,609 report at the end of December. At all events, as 52,461,000 49.951,000 102.412.uOl German^".. .. 8».a22.750 10.874.2SO 43,487,000 33,610,500 11.213.51)0 44.851,00t in previous years we have had calculations Aut.-Rtin'y. 10,830,000 is.eao.oio 27,750,000 made on 6,lfH.0»o 10.558 000 22,033, OOe MMIierlanda. S.lOr.OOi.' 7,080,000 that basis, 10,252,000 3,554.000 8.016,uOU 9,570.00i and give the results further below. With Mat. B'lKtoin' 3,046,000 i.&ua.ooo 4.669,000 2.830,33.1 1,419,067 4.259(10' regard to corn no statements of yield per acre have yet tfot.thls week 142.681,166 87.754,567 |230.»,16,033 121,15<<.45i 85153097 20f *ot. prey, w't ,310.621 144.100.146 1^.443.397 Ig32.e33,543ll21.eil,983 been furnished—merely figures to show the average 85.238,5») 20I1,9.j0.388 (between condition in the gold anrt silver) given In oar table of different States. But by noting the wJiiT!^ f'l''"i? ooln and change from the condition last year and also the b. aoonrate.aathose banka make changps in acreage we have material for making a fair no dlstlnotlon In their weekly returns ""'""*'*'"'*'""»'"'"''• ^« we b«l6ve tj^vro'<"y.biuo estimate. •W«makT'^*make Is a close approximation. Passing from the '~*''«"'* foregolngreault. weekly by methods of computation pursued «u"„'7t'5;r7! cable, and wWle no. ^the date given at the head of to the column, they are the ret the nature of the results disclosed, the foremost fact nearest Jn 1$^ to that dat^that Is. the latMt reports flg«^ is that the outturn proves much more favorable than . October 16, 1892. J THE CHRONKJLE. (fl^T expected—that is, tlie productioa is largar than had It will bo aeon by the above that the loss from luk been supposed likely. This is true both as regards year's very heavy yield is nearly evenly distributed be- wheat and corn. Tailing the former first, we find that tween the winter-wheat and the spring-wheat State», the indicated product is no le8s than 620 million hii>ili- the aggregate spring-wheat production having be«s els. As compared with the wheat crop of last season, reduced from 319,175,000 bushels to 172,792,000 buah- this ia a loss of 01 million bushels; but in one sense els, a decrease of 4&i million bushels, and the aggregate that ia a misloading comparison, for the yield in 1891 winter-wheat production from 392,605,000 bushels to had been phenomenal. In fact it must not be forgotten 347,318,000 bushels, a decrenso of 45^ million bashelt. that all the crops this year necessarily appear dwarfed As compared with two years ago, the winter- wheat by tho aide of last year's very large productions. The yield now is 347,318,000 bushels against 255,374,000 exceptional character of the 1891 outturn is perhaps bushels, being 92 million bushels larger, and the spring- best shown by a consideration of the average yields wheat yield 172,792,000 bushels against 143,888,000 per acre. The yield of wheat last year was reported bushels, an increase of 29 million bnshels. And th« 15*3 at bushels per acre; the present year the Bureau exhibit is much the same in the case of the separate it 13 makes only bushels per acre, and yet examining States—that is, while they nearly all show a smaller tho records back to 1885 this reduced yield is the high- protluct than last year, on the other hand they est with the single exception of that for last year, nearly all show a larger product than in 1890. which latter in truth stands entirely unexcelled in Thus Indiana has a crop of 40,437,000 bushel* our agricultural history. And ia the case of the other against 52,807,000 bushels last year, but as against crops, too, the 1891 yield was very exceptional, as will qply 27,928,000 bushels the year before; so in Illinois appear from the following. the crop of 28,032,000 bushels in 18P2 compares with AVBRAOB riRLD PBB ACRB—BCIHELS. 35,025,000 bushels in 1891 but with only 18,161,000- 1892. 1891. 1890. 1889. 1886. 188S. 1887. 1885. bushels in 1890. In Kansas, as we have already seen, WTloat 130 15-3 11-1 12-9 11-1 12-1 12-4 lO'l Bye 12-7 14-4 11-8 11-9 120 10-1 11-5 10-2 the crop the present year is 58,972,000 bushels by th* OftU 84-3 23-9 19-8 27-4 26-0 25-4 26-4 276 Bureau's figures and 74,538,906 bnshels by the report Barley 25-8 21-0 22-2 21-3 19-0 12-4 214 of the State Board ; last year tho Bureau made th» If therefore in comparing the wheat crop of 1893 at crop 54,866,000 bushels, the year before 28,195,000 520 million bushels with the production of other years bushels, and these comparisons reflect the marvelou* we should disregard last year's phenomenal yield, we growth and development in the State during the two would find the present product the largest ever reached, years, improving so decidedly its industrial situation. the nearest approach to it having been in 1884, when Besides Kansas the only other large producing Stat* the crop was 512,765,000 bushels. As already stated, which has raised more wheat than last year is Oali- the estimate at 520 millions is not final, and will doubt- fornia, its crop being 38,554,000 bushels against 3S,« less bo changed somewhat. Last year the October re- 595,000 bushels in 1891 and 29,121,000 bushels in 1890. port of tho Agricultural Bureau did not indicate in full Coming now to corn, which is not so important a* the very large crop which had been raised, and we an export crop but very important for home use, wm. pointed out at the time that in some of the States the also find better results than expected. The weather Bureau's figures apparently under-stated the results, a during September was very favorable for maturing th»> statement which was confirmed when the final report crop, and hence an improvement in condition occurred^ appeared at the end of the year. We do not of oourse the same being now reported at about 80 (79*8).. know what the changes will be the present year, though Of course this is below last year, when the condition, we are inclined to think there is less room for wide was given as 92*5, but it is above 1890, when the con- variations. It is worth pointing out, however, that dition was 70"6. The following compares the average* in the case of Kansas there is again a wide discrepancy for a series of years in the principal producing States. between the Bureau's results and those of the State It will be observed that with few exceptions the condi- Board of Agriculture. According to the Bureau's tion is better than two years ago, though poorer than figures the indicated product for the State is a little last year. less than 59 million bushels. Bat the State Board has CONDITION OF COEN. just issued a detailed exhibit showing a total crop for the State of 74,538,906 bushels, which is stain. 1892. 1891. 1890. 1889. 1888. 1887. 188«. thus 15^ mil- j ~92~ lion bushels more than the other result. The follow- nunols. 71 72 90 98 60 74 Iowa .,, 79 95 73 97 99 78 7a ing gives the indicated product, figured on the Bureau's MisgonrI 82 86 80 96 92 70 es Kausaf,^ 70 83 43 96 77 45 «s aTeragea of yield per acre, for all the principal produc- [iidlana. 77 94 71 83 98 61 93 Sohraska 78 93 54 97 97 67 73 ing States, both winter-wheat and spring-wheat. The Ohio 80 97 60 83 99 70 90 MioWfran 70 85 72 66 86 66 8& product for 1891, as given by the Bureau in its final WlsooDSln 80 74 86 76 86 76 75. Ulnneaota 85 84 85 86 89 85 03 report for that year, is also added. Texas 93 91 72 94 94 90 7* Tenaeasee 89 97 76 99 86 7S 89 Kentnoky 81 58 Indicated Pro. IndUaUd Pro- 98 80 95 95 ea Peimsylvanla... 82 98 83 89 93 96 8T TTwitfr IFktat. Product, dueUon, Spring WTuat. Product, duction, 18!«. 1891. 1B92. 1891. AT'ge U. Statep. 79-8 92-5 70-6 91-7 93 72 8 80 BiuhtU. ButhtU. BMheli. CONDITION OF OTHEB CBOP8. Ohio SS,849,000! 45,531,0011 Minnesota sijxa.ooo 60,333,000 Indiana 40,437,000 52.807,000 Dakulaa 59,191,000 81319,000 1892. 1891. 1890. 1889. 1883. 1887 1836. issa. Illinois 8? ,032,000 35,035,000 Iowa 90,113,000 87,586,000 Baokwbeat 86-0 92-7 90-7 90-0 79-1 766 86-5 93-0 lllchlRan 83,382,000 S0,2( 5,000 Xebraaka 18,8!<8,000 18,060,000 Potatoes 66-7 91-3 61-7 779 86-8 Sl-5 810 8a-« Kan»a8 Ml,972.C00 54,'*)6,000 Wisconjiln 10,551,000 18,048.000 Tobaooo 830 93-8 85-4 80-7 85 T 73-8 860 ..•> CalKnmia 30,59,^,000 38,554,000! VVaahlngton 14,642,000 12,21«,000 Oottoa 73-3 757 800 81-5 789 765 79-3 780 Mliaoort i»,«i8,oao{ 25,732,000 Colorado 2,110,000 2,087,000 Oraeon IO.8B5,O00i 13,149.000 Utah 3,003,000 2,398.000 Using these condition figures in connection with th* PenntjlTanla I»,0«7,O0O 20.884,000 Montana 2,144,000 1,850,000 changes in acreage in the way set out above, we get a. Eflntiaokf ii;,3«M,ooo 13,1»1,00« Idaho 2,057.000 1,811,000 TsnnaMnec »,0I 4,000 II ,62fl,000 .New Mexico 1,159,000 1,073.000 total corn production for the United States of about Mtw Tork. (1,180,000 10,«3S,O0O Maine 019.000 M9.000 1,700 million bushels. Very few persons a month ag* Total 305,049,000 35OJI14,aO0 Total 171.500,000 917,91«,0U0 All othws 4I,«<39,000 42,391,000 All other* 1,292.000 1,269.000 dared to hope for so good a result; the crop had been 219.I7.'>.000 Total winter . 317,31''.00 618 THE CHRONICLE. [Vol. LV. encountered a number of drawbacks during the grow- CROPS IN TWO-TKAK PERIODS. ing season, so that only a short time ago estimates of a rears. TFAca^ Com. Oats. Total, 1887&*83.. 872,197,000 3,443.951,000 1,361,333,000 5,677,501,000 quite common. total of but 1,400 million bushels were 1889&'90.. 889,322,000 3,602,862,000 1,275,133,000 3,767,320,000 A crop of 1,700 million bushels, therefore, indicates 1891&'92.. 1,131,890,000 3,763,022,000 1,351,438,030 0,254,350,000 Tery decided improvement. Last year the crop was This shows a progressive iacroase in b^th the case of 2,060 million bushels, in 1890 only 1,490 million wheat and corn and in the final total, oats being the bushels. In the case of oats, which is also an only one of the three crops recording no increase as important cereal, the indicated yield the present year compared with 1837 and 1883, and even there the yield is 616 million bushels, against 738 million bushels in of the last two years is in excess of that of the two 1891, and 523 million bushels in 1890. In this case, years immediately preceding. In the case of wheat also, therefore, we have a smaller product than last the production for 1891 and 1892 is 1,131 million bush- year, but a larger product than in 1890. Below we els, against only 889 million bushels for 1889 and 1890 ehow the indicated comparative results on both corn and but 872 millions for 1887 and 1888; corn produc- and oats for the chief producing States. In Kansas tion for the last two years is 3,768 millions, against 3,602 the indicated product of oats for the present year is millions in the two years preceding and 3,443 millions 37,392,000 bushels, while the State Board makes the in 1887 and 1883. For the three cereals combined the crop 43,722,484 bushels, and the indicated product of yield is 6,254 millions for the last two years, against corn is 123 million bushels, while ,the State Board 5,767 and 5,677 millions respectively in 1889 and 1890 makes it 140,059,929 bushels. and 1887 and 1888. Altogether it appears from this analysis that crop Indicated ProduHion. Indicated Pro- duction, results are very satisfactory, and state that Corn. Product 1891, Product, we may 1892 1892. 1891. they promise a large traffic for our transportation lines, Bu'hels, Bushels. Hushels. Bashels. large exports, and (notwithstanding lawa.. 249,123,000 850,S7S,000 Illinois 71,0)7,000 111,095,000 the low prices llUnolF 147,074,000 234,880,000 Iowa 68,012,000 102,577,000 prevailing) a fair degree of prosperity for the farming .KV«sa» 122,088.000 141,893.000 Minnesota.. .. 39,974,C00 52,016.000 U(»onrl 166.032,000 208,210,000 Wisconsin 47,128,008 49,348,000 industry, and with the help of all these quite consid- KebraAa 134,121,000 167,XS2,000 Kansas 37,392,000 37,132,000 erable prosperity for the general range of industries. IifcKana.. 62.Sa7,0CO 123,622,000 Ohio 19,479,000 £8,5i3,000 o;ilo 08,687,000 94,002,000 Missouri 19,691,000 27,56a,000 We have left cotton out of the calculation, since the Teias 7(1,092,000 70,fS5.000 Pennsylvania. 28,810,000 33,704,000 Bureau figures furnish absolutely to the Tennessee 77,590,000 82,562,000 New Yorli.. . 37,210,000 41,891,000 no guide Kentucky 05.408,000 82,795,000 M'chigan 23,587,000 30,280,000 results on that staple. The Bureau places the general Pennsylvania. 37,222,000 40,-)27,000 Nebraska 89,989,000 48,599,000 A.rkanaa' 39,050,000 42,155,000 Indians 18,937,000 21,031,00) average for the present year at 73'3, which compares Wisconsin 27,841,0'JO 20,718,000 North Dakota. 15,986,000 16,847,000 75 last UMblKan... 17,434,000 31,133,000 Soutii Dakota. 22,910,000 23,388,000 with "7 for year. We hazard nothing in saying Minnesota. 20,075,000 21,580,000 Texas 17,574,000 15,975,000 that this comparison does not reflect the actual dif- Total... 1,382,523,000 1,7V3,3W,000; Total 510,623,000 639,7:9,000 ference in the conditions and promise of the two years. All Others , 375,348.000 330,520,000' A.11 otliers 105,431,000 98,615,000 In truth, the Bureau's averages have been put lower and Totifl U.S. 1,707,868,000 2.000,154,000 Total U.S.. .. ,738.S«4,000 lower for several successive years, and the crop has at Uniting now the results for these three leading the same time been growing larger. In 1889 it re- cereals—wheat, corn and oats—we find that the aggre- ported the condition 81*5, and the crop proved to be gate yield in 1892 reaches 2,844 million bushels while 7,313,726 bales ; in 1890 the condition was reported last year the aggregate was 3,410 million bushels. How only 80, and the crop reached 8,655, oJ S bales ; in 1891 the result compares with the years preceding is shown with a further falling oft in condition to 75*7, the in tbe following. crop rose to 9,038,707 bales. Carrying the analogy CROPS OF WHEAT, CORN AND OAT^, further, the crop the present year, on a condition of Total only 73 '3, would be the largest of all, a result of course 1892. 1891. 1890. 1889. 1888. Production. which from known conditions is simply preposterous Bushels. Bushels. Bushels. Bushelt. Bushels. and this reductio ad aisurdum is valuable only in Oom 1,707,868,000 2.060,154.000 1,489,970,000 2,112,892,000 i.gai.Too.ooo Wljeat 520,110,000 490,580,000 415,888,000 demonstrating of how little use the Bureau's figures O'als 616,044,000 738,391,0)0; 5J3,821,000 761,515,000 70I,7S5,CO0 are in affording any indication of the actual yield. Total 2,814,022,000 ' 3,4 10,32^,0.''0 2,412,853,000 8,354,887.000 3,105,993,000 Hence, while there is a reduction of about 566 million bushels in the total of these three crops as compared RAILROAD GROSS EARNINGS FOR •with last year, on the other hand there is an increase of SEPTEMBER. 432 million bushels as compared with the short crop The course of railroad gross earnings during Septem- year 1890. Moreover, ia considering the relative ber was controlled chiefly by two main influences, positions of this year and last, the decrease of 566 namely the grain movement in the West and the million bushels in total yield, while important, is only cotton movement in the South. The one was of excep- one factor. Another factor concerns the stocks and tional magnitude and therefore favorable in character supplies on hand, and here the present year holds a (speaking of the movement as a whole), the other was decided advantage over 1891. Last year, though the of diminutive extent anci therefore operated unfavor- crops were larger than now, they had been preceded by ably on traffic and earnings. Some other matters also Tery short crops in 1890, and hence reserves were down affected results of course, but these were mostly special to a minimum. The present year's crops, however, fol- and of limited application as a rule. Thus the Grand lowing as they do the exceptional crops of last year, Army Encampment at Washington swelled passenger i-eserves on band are large, adding that much to total traffic enormously over some of the roads. As far as available supplies. If the 1891 crops had been poor, concerns the roads most directly concerned, like the the situation would be different. As it is, we have had Pennsylvania, their returns are not included in our practically two successive years of plenty. The position compilations (never appearing in time for our early of affairs is perhaps best brought out by considering the statement), and, besides, these same roads had their coal <:rops iu two-year periods. This we have done in the traffic interrupted owing to the exceptional demands following. upon them occasioned by this special movement of October 15. 1802.] THE CHRONICLE. m3 pasaengem. Proaumubly, howbver, some of tho con- ments of wheat through the "Soo" or St. nections of the trunk lines also had their earnings in- Mary's FmUs Canal reftshed only 3,993,318 baibel» creased by the extra passenger traffic resulting from in September 1892, against 6,928,810 bushels in that event, and many of these connecting roaisare rep- September 1891, though tho shipments of corn word resented ill our statements. 425,476 bushels against 214,300 bushels. Tho ore As far as tho grain morement is concerned, that has shipments through the canal were much heavier thin really been of surprising extent. Tha totals last year a year ago, and hence tho aggregate of all east-bound had been swelled to unusual proportions by reason of freight was 1,233,403 tons against 978,216 tons, the the high prices then ruling and the heavy export de- total of the west-bound freight (chiefly coal) being mand, but this year's aggregates oven exceed those of 427,900 tons against 410,117 tons. 1891. Take tho receipts at Chicago for illustration. Notwithstanding the falling oS in the spring-wheat From 1,537,033 bushels in September 1890 the re- movement, however, the aggregate of tho wheat re- ceipts of wheat at that point last year had risen to ceipts at all the Western ports combined, winter and 8,454:,01G bushels ; now there is a further incroaie to spring, stands heavier than the very heavy total a year 9,9-15,721 bushels. la corn tho attempted corner had ago, a result which corresponds with that for Ohicago raised the 1391 receipts to lOf million bushels, and this alone. As in the case of Chicago, too, aggregate com high total has been eubstantially maintained the pres- receipts and aggregate oats receipts likewise exceed tha ent year. In oats, after an increase from 5,299,670 figures of last year and the only losses are in barley and bushels in 1889 and 6,183,772 bushels in 1890 to 7,301,- rye. Combining wheat, corn, oats, barley and rye, total 751 bushels in 1891, there has been the present year a grain receipts for tho five weeks ending October 1 th» further expansion to. 9,735,949 bushels. In rye and present year foot up 75,182,543 bushels against 73,631,- barley a falling ofif has occurred, and yet notwithstand- 351 bushels in the corresponding period last year. The ing the loss in those cereals, the total of all cereal re- increase is only IJ million bushels, but the fact of ipa- ceipts reaches the marvelous aggregate of 32J million portance is that this is in comparison with a total last bushels, this comparing with 30|- million bushels last year of extraordinary dimensions—as indeel the total year and but ISJ million bushels in 1890. The follow- itself prove?. Flour receipts at the Western markets ing, covering the receipts both for the month and the in the five weeks were 1,571,825 bbls. against 1,218,510 nine months, shows that besides the gain in grain there bbls. The following gives full details of the graia was a gain in September in the receipts of flour, of live movement, in our usual form. hogj, and in most of the items of the provisions move- BBCBIPTS OF FLOUB AND ORAIS FOB FIVE WEBKS ENDED 0CT03BB I ASD SINCE JANUARY 1, ment—all of which operated to ,the advantage of the roads participating in the same. Wheat, Oom, OaU, Barley, ttyt. (bblt.) (t>tuh.) (biu/l.) (t>u>».) (bMh.) (ImalU BKCEIPTS AT CniClGO DDKIKO BEPTEMB3B AXD 9IXCB JANUART I. Chicmo— 6 wk». Sept.. 1802 636,173 11.987,804 12,305.60l'll,129.«50 1.315,107 1,019.<5S 8 wka. Sept., 1801 428.123 9,S0a,2>M 11.174.1951 8.211.338 2,f«8,;73 a.oio.sdo September. January 1 to September 30. SlnM .Ian. 1, 1892 4.171.1136 si.oop.oas .'i«,9;0.593 5J,lf>l,n50, 8.«rtl.261 2 8:«.977 Btiio« Jail. 1, 1881 2,8.11,811 27,674,403 57,887,816 44JI58,0<»> 6,380.212 6.«oe.&8a 18>2. 1881. 1380, 1882. 1831. 1880. MUiO't\tket— 1802 159,706 2,055,370 111830 680,600! 1.216.480 26C,ao» WtaeaLbusb. B.IUS.TSl 8,«(4.(Me l,SS7,aSS 30,108,198 27,1«8,3«5 8.017,8j8 5 wkB. S«pt., 5 wk>. Sept.. 1801 261.111 1,5»J,732 18110 541,0001 2.018.160 431,800 Com.. .bash. lo.eeo.Ti? 10,088.688 8.Ut,«B0 60,838,580 67.878,081 e8.8«3,7i8 8tD0« Jan. 1, 1802 2,0<)6,il0 10,170,638 1 070,870 4,367,600 4,?5»,»99 8'l»,l78 0«ts..t>iub. 7.801,781 e,I83,77! 68,878,081 11.187,608 48.5W»,7a« 81ao«Jaa. 1,1891 1,748,5<18 5,615,331 637,060 3,23^,081 1,182,260 1.18),75)( Rja.. .bufh.' M8.34S s.ais,z<*5 818.841 2,372,208 6,116,867 2,171.307 Bt.l,nutt— 6 wka, Sept., 1892 111.844 6.631.9.^2 1,221,590 l,2.'i3,185 107,100 276,048 i.eii.eeo 1,776,880 S,J46,S1< e,875,8U 6.110,287 8,072,813 Bmrlar.bush, 5 wks. S«pt., 1891 147,486 4.745,367 812,381 2,039,900' 213 135 M2.S14 Stnoe Jan. 1. 1S82 1,080,813 20.750,.S02 24,02^.17^2 7.430.126 1,210,400 673,423 Total KPaln S2. J20I THE CHRONICLK [Vol. LV. y»ar and a falling oft of 325,000 bales as compared The very best results as a whole come from the with the year before. At the same time there was a Southwest and from the roads in the Middle and loss on the overland moyement, the gross shipments the Middle Western States. It is true that • in the present year being 31,257 bales, against 48,559 bales in first-mentioned group a number of roads are 1891 and 35,546 bales in 1890. The effect of the obliged to report quite heavy losses, but the re- mailer cotton movement on the cotton trafiSo of some sult in those instances is easily traced to the smaller of the roads may be illustrated by the case of the roads •otton movement, especially in the^case of the Texas & running to New Orleans. Total receipts at that point Pacific, the St. Louis Southwestern, the Missouri by rail and water were only 53,357 bales the present Kansas & Texas and the International & Great North- year, against 179,721 bales last year, and we find that ern, which, with the Fort Worth & Eio Grande, the the deliveries |by the Texas & Pacific were but 7,609 Texas Sabine Valley & Northwestern, the Silverton bales against 36,965 bales ; by the Louisville New and the Current River, are the only ones which have suf- Orleans & Texas, 4,995 bales against 36,579 bales ; by fered a decrease in earnings in the Southwest. On the the Illinois Central, 3,033 bales against 17,867 bales ; other hand, the very heaviest gains by individual roads by the New Orleans & Northeastern, 4,986 bales against are supplied by the same section, the Missouri Pacific 80,164 bales, and by Morgan's Louisiana & Texas road leading with an increase of $317,000, and the Atchison 37,081 bales against 53,536 bales. and San Francisco following close behind with $376,- MOEtTTS OF OOTTOX XT BOnTHBBX PORTS IN RBPTIHBIIK, JLHO WROU 585 increase, while the Eock Island, which also has a JANUABT 1 TO 8EPIBHBBB 30, 1892, 1891 JLlTO 1890. line in the Southwest, stands third with a gain of September. Since Janitary 1. $123,310. No other roads in onr statement have as Port*. 1802. 1891. 1890. 1892. 1891. 1890. much as $100,000 increase, though there are a good OalTMtOQ bales 1S3,«S6 179.287 170,808 4M.8i8 460,218 many with gains below that amount. The following IPuo, Ac i.OOS 336 SM 29,027 18.663 •wOrletuu 62,857 179.721 131,368 1,017.927 969,802 shows all the gains above $30,000 and also all the IfoMI*. 39,717 83,726 S1,»T7 136,900 18,678 losses above that figure. Vioridft 778 6.S51 19,058 ftTftBnab 109,770 1S0.908 130,181 867,811 610.603 FRn(0ir4.i. CHANOB8 n GROSS i4.iunN<>i FOR SEPTEmBMR. BruQBwIck, &o 8.918 0,728 8.1i7 00,488 68,281 Increases. Increases. Ch&rleston- 3»,1T1 6>.»e5 86,316 186,261 831,825 M«. Pae. SBd Ir. Mt $317,000 Tol. Bt. L. * K. C $31,789 PortRojal,acc 2 S 8,166 6,083 Atch. and Sau Ft (4 rds). 276,585 WUmlustoQ 1S,396 19,074 i4.366 40,658 83,926 Clil(5. R. I. *Pac 123,310 Total (repreaenMuK Wublngtos, ic IS 28 81 3,454 801 Cler. C.C.&8t. L H 1,743 24 roads) *1,9«6,831 Msrtolk 16,M1 sa.eoo «l.JL8i 170,151 866,872 N. Y. Cent.A Hud. B.. 84,060 Decreases. Great Northern (3 rds) . WMtrolnt,*o 8,998 ie,i9« 29,040 147,542 209.806 83,876 •Mexican Railway 103,030 Mexican National 76,934 Northern Paoiflo 85,21T ToUl., 401,941 670,619 728,487 2,«fl8,44« 2.871,870 8,106,889 Wis. Central 68,924 E. Tenn. Va. 4 G» «S,431 Norfolk & Weetern 68,599 On. N. O. & T. P. (5 rd») 61,342 Loui.s. & Nashv 59,994 Texas 4 Pacific 59,533 In view of this large falling ofE in the cotton move- Chic. AEaet. HI 54,055 Mo. Kan. * Texas 41.6.57 Lake Erie & Weat 51,277 South Carollua »4,859 ment, leading to reduction in a the earnings of South- Wabash 50.000 Nash. Chatt. & St. L... 31,828 St Paul itUeage. Xamings. t » t Increan A.teh.T.*9.r* 3,629.086 8,434.628 3.1S7.549 3,691,650 8,613,073 Tear Tear Tear Tear or Deereaet. Dan.A Bio Or. 81S.700 801.600 830,079 ;54,513 731,372 768,661 Precedino. Given. Preceding K.O.rt.S.&M. a448,153 480.901 421,489 412,163 877,043 480,488 Uo.Kan.acT. September. MUet. HUet. 1 008,098 1.039,763 862,392 719.161 69-.72« 081.884 MB0( T7rosdi) 66,297 auli. & Sou'w. 428,180 447.131 385,519 880,400 887.33i4 886,081 63,006 87.981,707 86,049.270 Inc. 8.S8J,»81 1887 (117 roadi) Bt.I..*8anF. 763,326 687.600 836,g3lj 682,681 6T7.799 691,496 04,969 ei.84t 82,021,344 39,113.013 Inc. 2,907,690 Taiaa Pae. 600,683 MBS (106 roads I eo.»28 k 860.116 683,663 581.691 626,490 848,877 68,507 38.118,305 38,690,335 Oee. 878.080 U88 (144 roads) 79,061 78,653 - 37,189,221 33,060,303 Inc. 8,450,018 Total 7,676,128 7.504.029 6.967.048 8.121.028 5,630,730 l»»o (161 roads) 89,708 87,326 43,381,680 40,407,631 Inc. 8.978,969 • Whola A.tohlson srstem except 9t. LduIh San Pranclsoo. U91 (UO rowls) 87,764 & 86,887 46,304,604 41,478,704 Inc. 8,731,800 m Fourth waek not reported; flffurea taken same as last year. »8*8 (1»9 roads) 88,610 01,154 60,271,0(14 48,864,206 Inc. 1,417,763 By reason of the wheat, Jan. 1 tn Sept. 30. reduced movement of spring M»9( T4ro»dsl 64,748 68,648 208,776,833 190.670,190 Inc .16,106,057 some of the roads ia the Northwest, as already stated »«I (HI roads) 84.809 00,686 344.«33.Sl.'i 813.401.810 Inc .31.172,005 fall MM (101 roads) 00,038 67.880 behind last year in their earnings. Still there are US8 222,636,001 317,183,618 lac. 6,S62,3SS (136 roads) 77,963 76,638 282,380,362 261.307,SSo Inc .81.061,727 only 9 roads that have losses while there are 13 that «S»0 (U2 roads) 87,808 86.391 338,459.314 305,460,003 Inc »«91 (188 roadJ) .81.000,311 87,683 85.UD 848,78lil.212 report gains, including Island, 831,308.771 Itw .10,184,441 the St. Paul, the Rock y8(136road»i 90.978 89.510 877,10a.633l354.818.0t4 Iru;. 82.891 ,609 the St. Paul & Kansas City, the Manitoba, the Wis- ... , ..... 11 1 OCTOBEH IS, 1893. J THE (milONKXR H2I conain Coiitnil and the St. Paul & Duluth, which is UHOBB KAHRtMUB AKU UILKAOB IN SEFrB.HBBII. the more liotewortliy lu this group was diatiuguiaho'l Orow HamlnQi. MlUagt. ' for yery heavy increases last year. Hamt 0/ Riitui. Inrrta— or , ,-... ISOi. 1891. 1803. BARNINOS or NOBTHWCariCaH LI!(EI. Dtertatt. ! 1891. • f • I 180^ 1880. 1808. ism. aiplmnlim: ISOS. ISOl. Ateh. Tup. .% «. Fe... S,473,afl9 8,989,000 > 188,780 8.948 •,98* K'il«|'ntly()wnM.>i. 136,697 149,027 + 7.670 5H7 « ( » 1 1 » 58T Bt. I.. .V .Hun Krun. . 7fl2,3aB «87JM)0 +74,825 1,328 4M,S74 MtJUt 888,000 880,418 880.008 1.33B arl. C«<1. R. ,» Nn. iy7,ino K"(N)'tlyi>>">'n.'8. 133.,Vj8 146.307 +7,.30l 536 98« 8.660,186 t.478,187 8,860.084 Cbla.MII.*:4t.Paul t.lOa.874 3,003.0110 1.714.818 Atliint:! M FlorMn ... 9.H4U 10.517 —868 109 10* Chic. B. 1.* Piic.. l.ftTO.TW 1,847.480 l,79S.t48 U10,346 1.840,807 1.478.863 Hitlt. * Ohio Soiitliw. 34>l,H0n 240,080 + 8.125 281 181 816,241 Rlriirimiii ft Atliiiitio 3.3H0 4,084 —715 22 ChU. at. IV .* K. <\ M«.o;4 619.310 40T>44 878,888 8St.«M 9B 138,223 10,080 18 Iowaraiitr»l I8».rj3 181.433 178,083 U«.H83 180,081 U1.870 Brooklyn Klo^ut4^4l.. 14H,30H + IB Biiir. Kooh. .V I>lttii... 284,03U 237,250 + 36,789 304 804 >lllwaak««.t Nor.. 147.710 171.808 166.860 lta.7M 100.408 07.001 Burl. i\y\. Kit|>.,« No. 437.400 420.674 + 10,926j 1,083 1.08B «00,7ail 168,830 It6.0i8 180.780 MIUD. .% rit. Uiuln.. 170,064 18ek»67 Caunillnii I'acllla 1.836,000 l,88B,eS9 +20,341 9,767 9,96« 174,814 M. M. P. Jk !«. ^^. M. «l».477 808.630 176.888 U7,>4t Canilint .MUUitivl 7,850 6340 + l,5ia 35 ft. Paul A I> 622 THE CHRONICLE. Vol. LV Mileagf, Oroti jBaminff*. Nam', of Road. 1892. 1891. InereAse. Decreiut. /Tome of Socd, Increate or 1892. 1891. 1892. 1891. $ Decreate. N. Y. Cent. & Hud. RiT.i 33,391,603 31,993,431 1,893,172 New York & Northern. 412.966 380,771 32,195 $ 20 20 N. Y. Ontario A West'n. 2,609,310 2,256,231 353,079 SllTenon 13,500 16,844 —2,744 Norfolk A Western 7.160.406 6,640,352 519.554 42.000 33,073 + 8,927 96 96 aioux City & North.. 313 Northern PaclHc 17,470,219 17,437,1591 32.628 Carolina 119,689 154,548 —34,859 270 3,794.911 476,572 South 135 135 Wisoou. Central Lines. 4,271,913 Tennessee Midland.. 17.620 17,515 + 105 Ohio A Mississippi 3,100,132 3,112,111 11,979 600.583 660,116 —59,533 1,497; 1,197 Texas & Paciflc 38 Ohio River 649,606 506,522 43,034 Sab.V.& North.. 4,155 4,751 -598 38 416,081 47,605 Tex. 384 281 Ohio Southern 403,636 Tol. A. Arb. Stock Exchanok C'LEARiNO-UoubB TKA«BAcnoN8.—The •e , Balaneei, one tide. Slutli boune securities, egpeclally in RoasUtn and Spanish. Th« llluiree. Value Bharet. Oaeh.Olear'd Cltuial. Total Value. British {mblic has been aelling tnier-bourae aecurities for Uontli— 9 M.T 4.731.800 «IM,«D0.00a 44S,0OO «>.S00,B00 H«,aoo t.lM year«, especially Rasalan, Spanish, PortogUMe and Italian. Jan« lOOM.OOO l,0il,(M8,900 i,»se.7iw »«.8«8,T0O i,48a.aTi ».88» There is oonaequently but a very email floating supply In tho July «.807.S0a oss.aisjKO l,liO,100 74,1 80.100 07«.;oo 6.88« Aueost... lS.»iai80 0)7,6S!l.00O l.«iT.400 107.383.000 1.301.800 S.18S London market. The great French bankers, knowing this, are 8«pt 18,857.(100 l.MS.OOO.OOO *.(IMM0 l»,««S,iOO 1,6S7.S00 S.«8t aapporting prices, and they are consoquently able to defeat Oct. 3 .1.235.300 74,800.000 127,500 7,600,000 120,000 315 bears. Prices, especially of Russian and Spcutish, have dd- " 4. .1,0GS.'*00 fl«.00 [From oar own correspondent. ] financial subjects to which we were accustomed ; there is in London, Saturday, Oct, 1, 1892. consequence general distrust of everything connected with The Austro-Hungarian loan for 20 millions sterling is ex- Brazil, and it is not likely, therefore, that the improvement pected to be brought out in Dacember or January. The Ger- will be maintained. man Government proposes to make a large increaee in the During the first five months of the current year the Russian army, and it is anticipated that it wiU have to borrow 5 or 6 revenue fell off about a million sterling compared with tbe millions sterling. In the Prussian Budget, there is expected to corresponding period of last year, while the expenditure in- be a large deficit, and Prussia, therefore, will likewise have to creased over 8 millions sterling. If we were to include the out- borrow. Germany and Prussia together, it is estimated, lay on account of previous bndgetsnot closed the increase would will require about 10 millions sterling. There is a report that be higher, but confining ourselves to the account for the present Austria-Hungary will follow the example of Germany in ad- year the result of the fir^t five months i« about millions ding to the army, and will need, therefore, more funds for sterling worte than the corresponding period of last year. As military purp sees. It is thought, too, that tho French Gov- this year's harvest is again very deficient, and as the cholera ernment will before the year is out attempt a voluntary con- epidemic added to the expenditure, it does not seem probable version of the 4}^ per cenU. And, lastly, there is a rumor that in the remaining seven months there wiU be much im- in Paris that the Russian Finance Minister is negotiating tliere provement. If so, the deficit at the end of the year will be for a new loan. very great. The Government has defrayed its home eipendi; It is quite possible, then, that before very loa^ there may ture by the issue of inconvertible paper, but its purchases be a sharp rise in the value of money all over Europe, but for abroad have to be settled in gold, and it would not be sur- the time being the money markets are everywhere stagnant. prising therefore if the report proved true that the Finance Bankers and bill-brokers in London have for weeks been try- Minister is again negotiating for an advance in Paris. It ing to raise rates, but without success. For two or three days will be recollected that about twelve months ago a 3 per cent this week there has been a good demand for short loans at loan of the nominal amount of 20 millions sterling was issued about % per cent, but that was due simply to the requirements in Paris, but that the Finance Minister had to cancel about that always occur at the end of the quarter, and the demand 8 millions sterling of it, though the whole hal been taken by doubtless wiU fall off next week. No applications have the contracting bankers. The general belief in London and been made at the Bank of England. The Bank is very strong, Paris is that the bankers and the Russian Finance Miniatsr the reserve amounting to about n]4 millions sterling, being have been since able to sell very largely to the " bears," and not far short of 50 per cent of the liabilities. that it is possible, therefore, that the 8 millions may now be is Throughout the week the price of silver has remained at placed ; but that a further new loan could be floated not 83i^d. per oz. There is little of the metal on offer, and the thought probable, except on terms which it is not likely tho demand is very small. Russian Government would agree to. It is thought certain At the fortnightly settlement here, which began on Tuesday that the Jewish capitalists all over Europe will, under all cir- morning, the banks at first asked V4 P^r cent for loans, but cumstances, endeavor to prevent Russia getting accommod»> they were seldom able to get so much, more business having tion, and that they wiU be assisted by powerful parties in been done at I32 than at 1% per cent. There was scarcely Germany. It is now said that the informal negotiations for any demand for new loans, and even all that previously Jiad better commercial relations between Rutsia and Germany «re been lent was not renewed. The public is still holding com- dropped for the time, and if to German capitalists will dot capitalists pletely aloof from markets, and professional operators seeing look favorably upon a Rusciaa loan ; neither will no chance of putting up prices have recently been selling in this country. speculatively. Their sales have been considerable in British The operative cotton spinners have decided to resist the pro- railway stocks. The movement, however, aeems mistaken. posal for a five per cent reduction in their wages. As yet the In spite of the falling off in the foreign trade the home trade employers have not given the requisite month's notice, keeps wonderfully good, and the railway traffic returns in and it is porsibie that some arrangement may be arrived consequence still show an increase over last year. Further- at. If both parties are obstinate there mast be a rcry more the general distrust disinclines the investing public to stubborn struggle. The operatives suggest, as an alter- buy almost all foreig n securities. They are confining them- native, restriction of output offering that if seventy-five per .. : . . : 624 THE CHRONICLE. [Vol. LV. cent of the employers will agree they will themselves bring The Quotations for bullion are reported as follows: •uch pressure to bear upon the minority as will compel them GOLD. SILVER. Sept. 99. Sept. 22. Sept. 3». Sept, 21 -to fall in with the plan. It may be mentioned here that for London standard. iondon Standard. the first time in the history of India, American raw cotton s. d. s. d, d. d, Bar gold, tine ot. 77 lOX 77 lOH Bar silver os. sex jwas last year imported into that country for manufacture in — mi Bar gold, contain'g Bar silver, contain- Indian crop was short, and prices, it the Bombay mills. The 20dwtB.sllTer..oz. 77 11 77 10% ing 6 grs. gold. oz. 38>^ 33X will be recollected, were exceptionally low. The mill- owners Span, doubloons. 01. 73 10 73 10 Cake silver oz, 41Ki 41X D. 8. gold coin 76 5 76 5 Mexican dollara..oz 87X 37« advantage of this to try if they could not compete with took German gold coin.. ' 78 JH 70 iii Lancashire in the best kinds of cotton yam. The following shows the imports of cereal produce into the During the past fortnight there has been a considerable rise (Tnited Kingdom during the first four weeks of the seasooj in the prices of Indian and Ceylon teas in this country, it be- compared with previous seasons: ing reported that the crop will be only about the size of that IMPOSTS. year, and as there is a very rapid increase in the Euro- of last 1892. 1891. 1890. 1889. pean demand for Indian and Ceylon, buyers have been pur- Importsofwheat.owt. 6,247,023 6,142,860 6,737,941 S,.514,097 Barley 1,752,592 1,714,046 2,012,875 1,469,556 chasing eagerly. OatB 1,198,414 1,348.652 1,032,122 1,328,338 Mr. O'Oonor, of tlie Finance and Commerce Department of Peas 147,679 76,254 84,973 101,787 Beans 640,524 351,449 146,004 381,419 the Government of India, in his review of the trade of that Indian corn 3,527,249 1,355,997 3,373,675 2,628,830 nour 1,612,459 1,190,302 1,152,920 •Empire for the year ended with March last, which has Just 1,314,629 consumption 4>een received, states that in the year under review the im- Supplies available for (exclusive of stocks on •ports of Eussian mineral oil were for the first tine larger than September 1): 1892. 1891, 1890. 1889. those of American, In the previous year the Russian imports ifheftt cwt. 6,247,623 6,142,860 6,737,941 5,514,097 flour 1,612,459 only 19,843,000 gallons, and the American 32,693,000, [mports of 1,190,302 1,152.920 1,314,629 were lales Of home-grown. 1,559,566 1,105,624 3,380,308 3.317,275 tut last year the Bussian had risen to 28,334,000, while the Total 9,419,648 8,438,786 11,271,169 10,316,001 American fell oS to 27,294,000. 1892. 1891. 1890, 1889. For the thirteen weeks ended Sept. 34 the gross receipts of *.ver. price wheat week.289. 4d. 349. 5d. 31s. 6d. 29s. Id. Average price, season. .293. Od, 388. 5d. 328. lid. 29d,Hd. «eventeen of the principal British railways show an increase The following shows the quantities of wheat. flour and over the corresponding period of last year of £87,000, of which maize afloat to the United Kingdom: 478,000 was from passenger traffic and £14,000 from goods. This wee/:. Last week. 1891. 1890 The following return shows the position of the Bank of Wlieat qrs. 1,560,000 1,656,000 1,638.500 2,010,000 qrs. 307,000 322,000 the Bank rate of discount, the price of cousols, &c., Flour, equal to 179,000 175,000 fingland, MMie qrs. 460,000 445,000 227,500 477,000 compared with the last three years: Piuaaolal MarKetS'-Por Caole. .1882. 1881. 1890. 1889. BaxlUh Sept. 28. Sept. 80. Oct. 1. Oct. t. The daily closing quotations for securities, &o., at London £ £ £ £ are reported by cable as follows for the week ending Oct. 14 ««tcnllitlOD .'. 26.877.755 26,280,890 26,407.T2» 25,981.780 e«bllCd«poalt« 6,138,858 6,186.411 8,908,933 4,61«,55n London, Sat. Mon. Tues. Wed. Ihurt. Fri, ^therdepoBitB 29,767,737 81,601.790 29,012,970 26,010,666 securities 11,781,166 10,163.656 14,363,812 15,057.401 SoTernment Silver, per oi d 381s 33>s 38»8 38% SVI« 1Bth«r»90arities 21.892,821 80.084,611 26,089,029 23,817,e8U 0on8olB.new,2% perotB. 973,e 9738 97 >4 973,, 97% aoiorrr 17,229,714 15,312,118 11,121,867 10.280,462 do for account 9714 97% 9738 97>,8 97>4 II414 113% Inttrtti allototd Open Marlctt Rates. «r. Y. Lake Erie & West'n 2658 26% 26^8 27^ 2714 27% /or deposits 6» do 2d cons 109^4 IO9I4 10938 109% 10938 109 »g Sorfoik & Western, pref . 403b 40 >4 40% 40% 42 X41% Bank Sills. Trade Bills. Linton Northern Pacific pref... 51H 5138 Sl'e Si's 52% 527( Joint Pennsylvania 5579 57 57 57 57 57% Diree Four Six Ihree Four Six Stock At TfoU Philadelphia & Beading. 29% 29 Og 3010 30% 3014 30% Months Months Months Months Months Months Banks. Call. Da^i, Onion Pacific 40% 41^4 41 14 41 7» 41% Wabash pief 15 25 25*8 25% 26 25»t 2 |11-16 lM#-!!!<®-2 @-13i@2 2X®2« 2 16-16-1 l!^iO - 2 ® - 19<®2 • -91 2 501 IJi® —\-H!» - l)i®2 ^ammtvcinX and Wtisc^llumaus %tvos " 18 2 |1 ® — mm - 2 ® - 1!<®1*1 1«®2 2ii tal, ifSCOOO. , President; .\ Taylor, Ca8hl»r. obief Continental cities now and for the previous 8. three week^ 4,797—The Merchants' National Bank of et Cloud, Minn. Capital, kave been as follows: $100,000. C. M. Hertlg, President; O. H. Havlll, Cashier. Imports and Exports for the Week.—The following are Sept. 80. Sept. it. Sept. 16. Sept. e. (tates 0/ the imports at New York for the week ending (for dry goods) at Oct. 6 and for the week ending (for general merchandise) (ntsrest Bank Open Bank Open Bank Open Bank Open ; also totals since the in Bate. Market Bate. Market itate. Market Rate. Market Oct. 7 beginning of the first week Paris %®l« 2«~ ~«" January. 2« m 2X %®1 rOBSiaM IMPOSTS AT MBW YOBK. Bwltn S 8 2 1J4 3 s Hi fiambnrff 3 m a 1« 3 m 3 IH For Week. 1889. 1890. J891. 1892. tankfort 3 s a 2 3 2 3 2 Jkmiterdam , . 2« « 1« an Dry Qoods «1,987,794 $6,001,2153 $1,931,111 $3,156,016 m 2« Hi 9en'l mer'dlse. 7,241,446 10,559,108 10,814521 Vrassels Hi iw 1« 2« iM 7,636,075 Vienna 1 «H 4 SH 4 SH 4 m Total $9,229,240 $15,560,361 $9,567,186 $13,970,537 »t. Petersburg 6M 4 Hi 4 Hi 1 6M 4 Binee Jan. 1. '*[adrid 6 4« 5 Ory Goods $105,016,589, $121, 847,131 $92,750,061 $99,912,017 iH i 6 Hi 'Copenhaven. . 1 9en'l mer'dlse. 276,962,877 301,649,4011 314,461,293' 339,903,401 3M 1 3ii 4 3« 4 Messrs, Pixley Abell Cotal 40 weeks. & write as foUows under date of $381,979,466!$423,496,533!$407,214,354 $439,815,418 September 29 The imports of dry goods for one week later will be foun d •Qold-The premiam on gold bas somewhat Increased since our last in our report of the dry goods trade. •ndaU arrivals are taken for the Continent as before. Tbe Bank of The following is a statement of the exports (exclusive of .England has received £113,000, and £40,000 bas been sent to Copen- specie) from the port of New York to foreign ports for tbe hagen. Arrivals: River Plate, *90,000 ; Natal, veek ending October 11 and from January 1 to date : £69.000 : Indiau a andana Xnilna, £97,000; total, £256,000. aXPOBTg FSOH MBW TOBK FOB THB WBBE. 811ver-The quotation has not moved since the 20th Inst, and We Indian rates 1889. 1890. 1891. 1893. 'rr.n' have varied slightly, there has always benn *"* ^"'*- '^"'' *•"' For the week.. t!.« „,Tk* *". * ''^'^^ allotment yesterday, the ^6.247,647 $16,110,094 $8,347,644 $9,891,568 *' ^^ °° '°«*°« ""t Prey, reported 258,851,589 255,783,088 275,832,421 291,490,72$ J. ^^ TI^"^ »'""«- » ""O^e 18 unlikely so ^Zlong as the Indlft ConncU refuse to sell under Is. 2»8d. per rupee Tjtal 40 weeks. $265.099,236 $271,893,182 $284,180,065 $301,382,29 6 '"^"* '"*'• '" '"'*'• F™^ Xooo *° ^"'^""^ ^ew York, ThefoUowing table shows the exports and imports of speci e at the port of New York for the week ending Oot. 8 and *^hi:?:it^^O0O."'"""'''°"°"'''''''''*''*^^'«<>' ^'''-- since Jan. 1, 1893, and for the corresponding periods in 1891 and 1890: —— 1 1 OOTODIU 19, 1893,] THE CHRONICLE. H2.') UKD iKPoam or ipaoia kt tobi • xroBTC hw alao iaaued bj our N«w York Ooatom HottM. Th« firal •Ut*> Jtoporto. intporU. ment ooven the total iiiitxirta of mtrnhgntilw OoM. UrOBTa MTO nm TO«K. Wfk. 8ine4 Jan. \. Wttk. «(nM/an.l •mat Brium $6,330,393 $32,428 18,410,338 4,490,001 Hum. SMMral 0m 62o THE CHRONICLK [Vol LV. Posted rates of leading bankers are as follows: Jlxje gatxlijers' ^kzzXU. October 14. Sixty Days. Demand. DIVIDENDS. Prime bankers' sterling bills on London.. 4 851334 8*! 4 87 -84 S?"* Prime commercial 4 83^®4 S4 Documentary commercial 4 83^4*4 831a! Per When Booki Closed. Paris bankers (francs) 5 20 as 1938:5 18%»5 17i» Name of Company. Cent. Payable (Days inclusive.) Amsterdam (sruilders) bankers 40Ii6» 4018 40i4«40B,g Frankfort or Bremen (relchmarks)b'nkerB 95 » 95%' 95i3»9558 Ballroada. Cin. Sandusky & Clev. pref 3 Nov. United States Bonds.—Quotations are as follows lake Erie & West. pref. (quar.). Nov. long Island (quar.) 1»4 Nov. Nash. Cliat. & St. L. (quar.) Nov. Interest Oct. Oct. Oct. Oct. Oct. Oct. Pitts. Cin. Chic. & St. L,. pref... 2 Oct. Periods 8. 10. 11. 12. 13. 14. laiacellaneouB. Zdlfon General Elcc. (quar.) 2 Nov. Oct. 3 to Nov. 2s, Q.-Mch, •100141*100 *100'4 10014 *100i4 — Nov. reg. Kational Starch Mfg. Ist pref... 4 Nov. Oct. 16 to 48,1907 reg. Q.-Jan •114=8 115«8*U4i4 *114ifli*114i» 1 to Nov. Pullmau's Palace Car (quar.) ... 2 Nov. Nov. 48,1907 coup. (i.-Jan •114»8*114»s •Ill's 1141a *114ia. 20 Nov. Oct. 17 to Nov. Thomson-Houston Elec. com $1 69, our'cy,'95....reg. J. St, J. •107 1*107 ^107 •107 *107 Nov. 1 to Nov. TJnited States Express 2 Nov. 69, our'cj-,'96 reg. J. 4 J, •logij *i09i« •logij •lOSia *109i4. 6s, our'ov,'97 reg. J. & J 112 ^112 *112 •112 112 WAIil. STREET, FRIDAY, OCT. 14. 1892-5 P. M. 6?, cur'ey,'98 reg. J. i- J. 115 'lla *115 *115 115 68, oar'cy,'99 reg. J. & 3. 11714*117131*11714 •1171a 1171a' The Money Market and Financial Situation.—The week •TMsls the price bid at the moralnz board ; no fa!« wis male. has been broken up by the festivities of the Columbian cele- Gorernment Purcliases of Silver.—The following shows bration, ending with the legal holiday on Wednesday, but the amount of silver purchased to date in October by the ^he market has since been more active and generally stronger. Government. It is worthy of notice that the first great pressure of busi- Ounces Ounces _ .. ness on the railroads to arise from the Columbus Centennial offered, purchased. Pncepaid. travel of 1892-93 has come to the Manhattan Elevated, and on Previously reported.. 2,434,000 0-8345 « $0-849O> the 12th inst. the elevated roads in New York City carried October 10 945,000 f0-3480 -a $0-8185 " 12 passengers, their largest previous record for 24 hours 1,075,537 " 14 629,000 199,000 $o'ihi!i -a jo-'seoo- having been made in the Centennial celebration of 1889, when •Local porohases $ t» $ first they carried 867,000 passengers in one day. The taste •Total In month to date .. 4,008,000 2,039,000 $0-8345 •» $0-S600. of this trafiic is somewhat suggestive, however, as to the * The local purchases of each week are not reported till Monday 1' possibility of the situation for the various roads carrying the followKin week. travelers to Chicago next year, either from the East, West or Coins.—The following are the current quotations in gold f r South. various coins: 86I4. Eailroad earnings are varying now to a larger extent than Sovereigns $4 83 (»$4 83 Fine silver bars.. So^i-^ — Napoleons 3 85 • 3 90 Plvefianos —90 a — 95 •usual in different sections of the country, and under ditler- XXReiohmarks. 4 70 » 4 80 Mexican dollars.. — 67 1«» —68 25 Pesetas...... 4 75 » 4 85 Do unoommero'l — — 9 methods of eccnomy on particular roads. That is to say, ent Span. Doubloons. 15 50 ®15 70 Peruvian sols — 61 It — 62 the roads in all parts of the country are not showing an Jiex. Doubloons.l5 50 -8115 70 EngUsh silver.... 4 80 -a 4, 90 Flnegold bars... par -914 prom. U.S. trade dollars — 70 » almost universal increase in tralHo and earnings, as was fre- Railroad Bonds.—The dealings in South Car- quently the case last year, but certaiii groups are still advanc- State and olina non-fundable 6s have been the chief feature in State- others less favorable comparisons with ing, while show 1891. bonds, and some $243,000 of these changed hands at a range of The cotton roads in particular are feeling the smaller move- 4.5.41^; also §20,000 of South Carolina Bro-wn consols sold at ment of that staple, arising partly from the lateness 98; $75,000 North Carolina special tax trust receipts sold at, §20,000 North Carolina consol. 4s at 99; $7,000 North. of the crop and not altogether from ttie smaller yield. And 4J^-5/i; Carolina 63, 1919, at 123?^; $5,000 Arkansas 6s funding in regard to economy of expense?, there are some railroads (Holford) at 9}4- that have been brought up to a higher standard by large ex- Eailroad bonds have shown a fair activity in sympathy withi penditures the past few years which are now enjoying the bene- stocks. Chicago & Northern Pacific 5s have recovered their balance, and without any large demand sell back to A. fit of this improvement, and showing a better ratio of net 75J^. banker's circular in Philadelphia makes the statement that the earnings. Northern Pacific Terminal property and lines in the city of The open market rates for call loans during the week on Chicago " already earn within $50,000 of the annual interest Chicago Northern Pacific Btock and bond collaterals have'ranged from 4J^ to 10 per cent upon the bonds issued by the & Railroad." Northern Pacific consol. 5s are selling at the average being 6 per cent. To-day rates on call were 73J^-74, with a good demand. The Atchison 4s and incomes 5 to 6 per cent. Commercial paper is quoted at 5@63^ are in steady demand on the good earnings of the per cent. system, and we now have from Boston the report of The Bank of England weekly statement on Thursday showed 5550,064 net earnings on Atlantic & Pacific in the late fiscal a decrease in bullion of £804,000, and the percentage of re- year against only §23,323 the year before; the A. & P. 1st liabilities 41'74, 41'39 Berve to was against last week ; the dis- 4s sell about 69, with 1 per cent accrued interest on. Read- count rate remains unchanged at 2 per cent. The Bank of ing bonds have been active at times with pricfs firm, and the France shows a decrease of 2,975,000 franca in gold and belief in a traffic contract with the New England roadseemsto 3,900,OCO francs in silver. be quite positive in Philadelphia. Columbus Hocking Valley The New York Clearing-House banks in their statement of & Toledo 5s have declined to 92 on small dealings. Oct. 8 showed a decrease in the reserve held of $3,500,600 and a surplus over the required reserve of $1,938,575, against Railroad and Miscellaneons Stocks.-The Columbiant» $4,392,400 the previous week. holiday was followed by an active stock market on Thursday, with prices a trifle easier on some of the popular speculatives, 1892. Dijiferen'sfrom 1891. 1890. but stronger on several other stocks. The iadustrials were Oct. 8. Prev. week. Oct. 10. Oct. 11. still active, Chicago Gas selling freely around 89 and Distill. & C. F. around 63. As Chicago Gas has risen from 79^8 two weeks of the Chicago rumors OapltaT. 60,422,700 60,772,700 60,812,700 ago it is easy to understand the purpose BnrpluB 67.2»7.000 65,381,900 60,023,100 which then depressed it. Sugar, Tobacco, Lead and Cotton lA>ans and disc'ts 463,298,100 Deo.l, 607,400 402,842,300 406,792,930 Oil have all been more or less active on the talk of Circulation 5.576.500 r)e». 98,100 5,631,700^ 3,5-23,900 companies, which control a Net deposits 472,419,700 Dec.4,,179,100 401,751,300 40(j,742.300 large earnings by thes^e Specie 71,007,000 Dec. 14.000 70,076,9001 85.080,500 large percentage of the production in their re- Iiegal tenders 48,134,500 Dec. 3, 4t 6,600 37,750,400 19,760,300 spective trades. New York & New England continues Seeeive lield..r. i:o,041,500 Dec.3, 500,600 107,827,300 104,840,800 to be very active, selling to-day at 44,'4-46-443^, with Iiegal reserve 118,104,925 Deo.l, 044,775 101,187,825 101,685,575 the usual crop of rumors, of which about the best one this is the Pniladelphia report of a traffi J agreement with Bnrplns reserve 1.936.575 Dec.2.'l55.825 6,639.4751 3.155.2 !5 week Reading and a possible lease to Boston & Maine at 3 per cent Foreign Exchange. in —Early tbe week sterling bills were on the stock. The grangers are strong, Burlington selling to- lower on a better supply of both commercial and bankers' day at 102;?^. Western Union Telegraph has sold above 99 bills and from the effects of a closer money market. But the on the more confident expectation of a stock dividend, possi- demand for bills also improved, and rates afterward became bly from President Green's remarks in his annual report. stronger, but to-day the feeling was again easier and business Louisville Albany & Chicago sprung into activity to- dull. New Actual rates for exchange are : Bankers' sixty-davs day, selling up to 27, probably on the larger net earnings of 86^*'^ ®^^^' *^*'"^°'^' 4 86 (^ 4 86M cables, the road, though the 6 per cent gold consols of 1916 at Wl% 4 le' il'4 ; look cheaper than the stock. Norfolk & Western pref. has The followmg were the rates of domestic exchange on New recovered somewhat and is quoted at 40}^ 1 id, but with very- York at the undermentioned cities to-day: Savannah, buyine small sales. Northern Pacific preferred has been much dxscount, selhng Ig J^^ discount to par ; Charleston, buying U firmer, and there is a better feeling about the company. @3-16 discount, selling par to 1-16 discount; New Orleans Union Pacific stock advanced above 41 and the 6 per cent ^^^*^ discount; St.Louis, «f^A5"'' ''T^l'*'}?i'. 25c. per gold notes above 93, presumably on the better earnings of the . f1,0C0 discount bid Chicago, ; 40c. per |1,000 discount, road, . October 15, 1893.] THE CHRONICLE. 027 NEW YORK STUCK EXCH XJiiiE—ACTIVE STOCKS for week ending OCTOBER 11, and lince JAX I, IMt, HIOHB8T AJn> LOWEST FBICSI. BalM Range of aaUt In ISM. o( th« Bkturday, Monda]', TiiMday, Wednctilny, Thurtdar, Pridar, STOCKS. WmI^ Olt. H. t)il. 10. Oct. 11. Oi-l. 12. «)ot. 13. (H-t. 14. SlutrM. LOWMt BUhMt Active Kit. Atocka. 88 3SN 8S>4 881^ ZBH 30 39 39% 39% Atohlnnii Top. A Hunta Fe..., 4S,707| 821| M*7 21 ««% Jaa. 4 •4 4^ •4 4% 4% «% 4% Atlantic & racltlo ..n... 200| 4 Apr. 21 a«a Jan. I e2>« 03 « "es" '93 03 93% 93% 96% 95% 9e>a Baltimore & Ohio S,1H6 B2%(>"t. 8 101% Mar. 11 -85 8e>« '85 80 •83 86% 86% 86% •fO 86% (Canadian Paolflo 290, 86%Orl. 13 94% Ian. IS 57 \ 57\ 57% 87% 57^ 58 B7»« 87'9 57''8 58 Canada Sonthern 1.485 64%Hept.l3 64% Mar. S '131 132 131%13l% 131% 132 132 132% 132% 183 Omitralor N«« Jersey 1.770 111% Jan. 19 145 Feb. W 2a 28 •28% 29% 29% 29% 2!1% 20% •29 80 Oantral raolflo 275 23 Rrpt. 2| 35 Jan. 4 23 >s 23% 23% 23:>9 2339 23% 23<>9 23% 23% Oheeapoake <% O., vot. tr. cert 1,296 2138 Hnpt. 16i 28 Jan. 14 •80 62 •60 62 '60% 61% •60 62 "60 62 Do do lot pret... 69— Jan." Bl1 64% Jan. 18 •40 43 *40 43 •40 43 •40 42 '40 42 Do do 2dpref.... 38% Jan. g' 443a Jan. 21 143 117 142 147 142 147 142 147 OhleaKo A Alton 139 Feb. 4 194 J11I7 38 OS-V 98 'tf »8% 98% 99% J00»s 100% 101% 101^102% l/TiloaKO liiirllnKton A Qiilnoy. 47,428 95 Sept. 16 110% Jan. 2* •.V.)l4 01 •59% 61 69 59 •59% 61 59 59 Chicago it Eastern IUIdoIb... 30 60 Aug. 8 70 Jan. 8 93>« •»7% 98% •97% 98% •97% 98% 99 90 Do pret 20 00% Sept. 28 104 Feb. 11 78 78 78% 78% 79 79 79% 79 79»(. ChloaroMllwaakee&Bt.Panl. 20,400, 7.-5%Apr. 2 84%Aag. 1 •122 123>4 123% 123^ 122% 12338 123 123% 123% 124 Do prel. 1.07o'i2O% Jan. 19 128% Mar. 8 1U<« 114\ Ill%114''g 114% 115% 115%115°9 113% 115% diloaRoANorthweatem 4,770 111% Sept. 15,121% Mar. 8 112>« 143 142% 142% 142% 142% 141% 143 Do pref. 139 141% Jan. 12 147% May 8T 80% 81 8u''ti 81% 81% 82% BVa 83 8238 83% Obloaj^o Rook Island iScPaclflo 25.670 75% June 8| 94%Jan. T •« 53''8 52 52% 32% 52% 53% 62«« 53 52% Chloaro Bt. Paul Minn. & Om, 7,889 44 Jan. 191 54% Aug. 8 *118>9 119 628 THE CHRONICLK [Vofc. LV. BOSTON, PHILA.OELPHIA ANU BALTIMOBE STOCK BXCHANftES. tgy Share Price* — not Per Centum Price*. Sales Active Stocks. of the Bange of sales 1b 1898. 1 1ndloatea imUcted Batnrday, Monday, Tuesday, Wednesday, Thnrsday, Friday, Week, Oct. 8. Oct. 10. Oct. 11. Oct. 12. Got. 13. Oct. 14. Shares. Lowest. Highest. 38I4 Atch. T. & 8. Fe (Sotto7i).100 38% 38% 38>e 3888 39 38''9 39% 39 39% 27,430 32% May 211 46% Jam. 4 A.a»Jitlo & Pac. " 100 *4ie •4 4 418 4% 4% •414 230 4 Mar. 9 5> Jan. Baltimore & Ohio r£«W.>. 100 93is 93"s 93 93 93 93 •93 94 95 95 *95is 96 51 84 Jan. 6il00% Mar. 19 iBt preferred " 100 133 133 '132 133 20 130 Jan. 12[135 Feb. 18 I • " 121 ' 121 . 121 121 121 120 116 2d preferred 100 205" Jan. 181123 June 15 UtMton&Alhanji Boston). 100 205 205 >e 2041s 20518 205 205 205 2041a 205 74 199 Jan. 209 Mar. 9 Boston t Lois ell " 100 181 181 181 181 181 181 181 181 ' 181 72 173 Jan. 1831s June 30 BoBtflB A Maine " 100 181'«182Jfl 1811s 183 182 18212 183 184 184 185 2,224 159 Jan. 186 June 23 Central of Mass. " 100 17 17 *16is 18 *16is 18 •161s 18 •16 ...., 100 1514 Kept. 181* Jane 21 Preferred " 100 *43 44 *43is 44 •43 44 33 Jan. June 99i« 43% 2a OUc.Bux.&Quln. " 100 98%, 98''8 99% 991s 100=s 100% lOl^e 101% 102% 20,567 95% Sept. 110% Jan. 78I4 79I8 28 cue. Mil. A 8t. P. fPkU.).100 78 78 7812 7838 78'7e 7914 7915 791s 7918 791s 5,800 75% Apr. 841s Aug. 1 Ohlc. A W. Mieh. C£n( Inactive Stocks, Bid. Ask. Inactive $tocl($. Bid. Ask. Bonds, Sid. Aak. Prices of Oct. 14. Thom.Europ.E.WeldU (Boston) 100 10 Fenna. Consoi. 5s, r 1919. Var' 113% _ United Gas Impt. (Pliit.) 62% Coliat. Tr. 4% g 1913, J&D' Atlaata A Charlotte l,Ball.). 100 82 Water Power ( Boston) . 100 2 Consol. 58 1939, A&O 127% Bosten A Providence (.Bo»(on). 100 2S0 Westing. Ei. tr. rec.11 " 50 37% 38% Pa. A N. Y. Canal, 78... 1906, J&D 110 115 Camden A Atantiopf. (PAi'fa.). 50 27 Bonds— Boston, Perkiomeu, 1st ser., 58.1918, Q— 105 CatawisB* " 50 9% At.Top.AS.F.]00-vr.4g.,1989, JAJ 83 Pnila.& Erie gen. M. 5g.,1920, A&O 112% 1st preferred " 50 60 60% 100-ycar income 5 g., 1989.Sept. 58% 59 Gen. mort., 4 g :. 1920, A&O ioo%L Sd preferred...... " 50 59% Burl. A Mo. River Exempt 6s, J&J .113 Phila & Read, new 4 g., 1958. J&Ji 87 87% Central Ohio {Ball.). 50 Non-exempt 6b 1918, J&J ^103 Ist pref. income, 5 g, li)58, Feb 1 77 ! 77% " ighari. Col. A Augusta 100 Plain 4s 1910,JAJ 2d pref. income, 5 g, 1958, Fel>. li 70% 70% Connecticut A Pass. (JBo«ton).100 Chic. Burl. A Nor. 1st 5,1926, A&G 101 3d pref. income, 5 g, 1958. Feb. 1 62V 63 Connecticut River... " 100 2d mort. 66 1918, JAD 1 163 104 2d, 7s 1893, A&Ol Delaware ABouud Br.(PAiia.).100 Debenture 6s 1896, JAD Consoi. mort. 7s 1911. J&D i32' i"32% " Har.Ports.Mt.JoyAL. 50 82 83 Chic. Burl. A Quincy 4s .. 1 922, F&A 92 98 Consol. mort. 6 g 191 1, J&d! 120 121 Kan. Cy Ft. B.&Mem. (£o(ton).100 Iowa Division 48 1919, A&O 95% ImprovementM.6 g., 1897, A&Oi 105 107 BPreferred " 100 Chic.AW.Mich. gen. 58, 1921, JAD 97 Con.M.,5 g..stamped,1922,M&N 106 K. City Mem. A Birm. " 100 Consol. of Vermont, 58.1913, JAJ Phil. Wilm. & Bait., 48.1917, A&O 99% 100 Little Schuylkill (PAite.). 50 71% Current River, Ist, 5s. .1927, A&O 96 Pitts. C. & St. L., 7s. ...1900, F&A 1154i ...... Manchester A Law.. (JBos^oii) . 100 Det. Lans. A Nor'n M. 7s . 1907, JAJ 105 Po'keepsie Bridge, 6 g. 1936, F&A 66%l 66% Maryland Central (.Bait.) 50 Eastern 1st mort. 6 g., 1906, MAS )122 Schuyl.R.E.8iae,l8t5 g.l935, J&D 109%'110% Mine HIU A S. Haven {Phila.). 50 72 72% ,Ireo.Elk. AM. v., let, 68.1933, AAO Steuben. Alnd., 1st m. ,5s. 19 14, J&J 106 KesquehoningVal " 50 53 64 Unstamped Ist, 68 1933, A&O UnitedN. J.,6g 1894, A&O 102 BTorthernK. H (Bo«(o«).100 'K.C.C.&Spring.,lst,5g..l925,A&0 90 Warren & Frank., lar,78,1896,F&A 106% Korth Pennsylvania. (Phila.). 50 86% 86 K. C. F. S. & M. con. 68, 1928, MAN ,101% Short Bonds.— Baltimore, Oregon Line. ..rioston;. 100 23% 23 \ K.C. Mem. ABlr.,l8t,58,1927, MAS Atlanta A Charl., 1st 78, 1907, J&J 117 Pennsylvania AN. W. (Phila.) 50 K.C. St. Jo. A C. B., 78.. 1907, J&J lucome 6s 1900, A&O 93 101 Baleigh Gaston A .... (j;a((.HO0 L. Rock A Ft. S., 1st, 78 .. 1905, J&J Baltimore A Ohio 4 g., 1933, A&O Bntland (Boston).100 4 Louie.,Ev.&St.L.,lst,6g.l926,A&0 111% Pitts. & Conu., 5 g...l925, F&A Preferred 100 70 2m. ,.5—6 g 1936, A&O Staten Island, 2d, 5 g.l926. J&J 6eaboard AKoanoke. (£a<(.) 100 Mar. H. A Ont., 6s 1925, AAO Bal.&Ohio S.W.,l8t,4%g.l990. J&J 107 107% Ist preferred '• lOO Exten. End 6s 1923, JAD CapeF.&Yad..8er.A.,6g.l9l6. J&D 91% 95 West ,(Bost October 16, 1892.] THE CHKONUJLK 629 HEW VUKK MTUCE EXCBANHE PRICiSS (Co»Unti9i).-AOTIVB BO.VD3 OOT. II. AND rOR FK LA IMS. iUnjWAD A!fD MllOBU BOHIM. LowwI. Hight4t. ftriod. Oct. 14. Lomul. • Bi^huL Q— lllVib, 107 >4 Jan. 118% June MobUa llew,6 «.. 1927 J I> UN b. 113 Feb. Aui»r.(oltoiion,di-b.,8n.l900 I A Ohio- A 118 u^r 85a« I At.Toii.*«.K. 100-yr.,4n.l989 J * . 83% 81% Feb. June Qeneral uiortgage, 48...19:i-i MAS 61 %b. 61% Apr. 59 XO<>-)P»r Inionie.fiK I»a9 Bepl. 58 .Mar 66% Jan. I NMh. Oh. A StL.-U(, 7a. 1913 J A J 127 b. |126% Jan. }a3 Jan* -...... 68 b. 67 July 74 Jan. Coo., 5 1928 A A 103 h. 103% Jau. AU. * F»f.-(»u«r, 4 (t....l937 | g O fO« F,b. J J llHb. I W.I). lm„ Bii 1910 * 10 Aug. 14% Jan. R.T.O0Dtnl-Kxtend.,a8.1893 MAN i02!mi, 101% .M;ir 05 Mar. Bnwlil'ii Kloviil'dliit,6,K.1924 A A O 116 Ill Jan. 120% Sept lit, ecu poo, 7a 1903 A J 125 a. 133% Jan. 130 jan« J 105% 110 Out. (Soiith.-UtKUitr., 5* 19«SJ * 105>«Jnu. June Deben.,5s, ooiip., 1884.. 1904 MAS loo b. 106% Oct. !'2 •'•'^ 1913"M A' B" 1U1>S 100 Mar. 104Ts F.?l>. JX. T. AHarleiu-78,r«K.1900 M 120 b. 119% Sept »1.». j MA 123% Apt. Olit. Fao.otH.o.— Ist,ez.,4g.l938 F A A 96>ib. ! 96»9Aug. 100 Jan. Wis. Cent Co.— 1st 8 1937 J A 90 »5%JaM g I Sde^teQQed5a 1938 J A J 107 a 10238 Jan. 109 Juno Income, 5 g 1937 I *a%JaB. " Mon—" b " indicates price bid ; " a price askat ; the Range is made up from actual sales only. * Latest prloe this week. t Coupon ott. NEW YORK STOCK EXCHANGE PRICES.—Sr^rS BONDS OCTOBER 14. SECURITIES. Bid. ARk. SECURITIES. Bid. Ask. SECURITIBS. Bid. :- 1' Alabama-Class A, 4 to 5 1900: 101% 102% New York—6b, loan 1893 100% B.C. (oonti— BrownconBol.e9.ls93 97% Class B, 59 1906 104 105% North Carolina—68, old JAJ 30 Teunessco 6r, old 1892-1898 62 Class C, 49 1906 95 Fundiug act 1900 10 Compromise, 3-4-5-68 1912 72 Cuireucy fundiug 4» 1920 94% 98% New bonds, JAJ 1892 1898 15 New settlement, 6a 1U13 101 103>t Arkansas—68, fund, Hoi. 1 899-1900 8 0% Chatham KR 3>t 5 58 1913 101 103 do. Non-Holford 160 190 8|>ecial tax. Class I 4 4% 38 1013' 75 76 5 8 Consolidated 48 luiO »» 100 Virginia—68. old 79. Arkansas Central KR | 1019 12.1 127 68. oousolldated bonds LouisiabB—7s, ciins 1914 105 68 1 Stani|ied 48 94 Rhode Islaud—6s, cou. . 1.S93-1894 102 6s. oonsolldaied, 2d series, rects MI»«oii ri - Fund 1894-1"95 102% South Carolina-69. non fiind.l«8H 41^ «s. dcfcrrc.l t*»T r<***'t-*. -inninc '. 8% — . MJ . 1 630 THE CHRONICLE. [Vol. LV. GENERAL QUOTATIONS OP STOCKS AND BONDS. qiiitatlins itrtrft. Quotations In New York represent tbe per oeut valae, wliateyer tUe prt ninT be: otHer ire frjijeatlr 'n\\'>v sr •• \s;* : " )?." for i?ol(l: " .1," lor guraatfeaj; "6nl.,"t* enljraaa; lie toUowtaK abbrevlfttlona are often nsed, viz.: M.." Ur m-ins ? " .." " 1. 1;.," for land grant. fotoonBoUrtated; "conv." for oonverUble; g. f for slnkln? soad ; cities, to late mall dates. Quotations In New York are to Tlinisday ; fr«m otter Subscribers wlU confer a ftivor by Kirlns notice of aay error dlscovere'd In tliese Qnotatlons. DNITEB 8TAT2S BONDS. Bid. Ask. CITT BUCURITIKS. Bid. ABk» CiTT SECTTSITIES. BM. Ask. Boston, Mass.- (Continued) — N. Brun8wiek,N.J.—78,water, 1904 112 fJNITBn STATES BONDS, WaterSiss, 1917 A&Oi 97 97ifl 69, 1906 Vai 105 SO New Hav'u-Park,31s p.0.20.508. 9i 38, option U. 8.,rei; Q— lOOH Ss .^....- AAO§ 89 J&J 157 Orleans, «£, 1»07 reg...Q-^ 1141* 115»« B'klyn.N.Y.—B'ge7s,l9l5 24.J&J 160 New La.— Premium ss ... 1631s 164 150 163 Cons. 6s, 1923,ext. 105 As, 1907 coup.. -Q— 1U»3 1151s Park «s, 1924 J&J Cro88tuan.J&J Currency, 1895 reg J&J 107 Bridge 58, 1919 JAJ 1271a 58, 1934 J&D 101^1 e«. 112 N.Y. City— 512315 •88, Currency, 1896 reg....J&J lOiJJa Bridge 48, 1926 J&J 78, 1900 M&N 6.8, 5118 e«, OurrencT, 1897 reg J&J 112 Water 3s, 1905 J&J 96 89 1900 M&N 1924-5 68, gold, 1901 .,... J&J 5120 68, Onrrencv, 1898 reg J&J 115 Buffalo, N.Y.—78, J&J J 123 5s, 1898-9 A&O 58, 1903 M&S 5121 63, Cnrrenoy, 1899 reg J&J 117% Water "99 Water Is, 1904 M&Si 59, gold, J896 MAN 5106 SECITRITIE!*. Water 3i«s. 1905 J&J 96 48, 1906-. M&N STATE 3ij8, .Alabama—Class "A," 4 to 5, 1906.. lom 102 1« Funding 31SS, 1912 1904, M&N iioi Claas"B,"58, 1906 104 >« 106 Water 38, 1916 FAA 38, 1907. .< _ v.. .AAO 5100 102 Clas8"C,"48, 1906 95 Cambridge,Ma88.-Water6«,'96.J&J 107'* 108 Park, 2is8, 20-49 .„ M&N I 94 Currency funding 4s, 1920 95 97 City 6s, 1904 J&J 122 1221* Norfolk, Va.— 68, 1914 Var Arkan.—68,tniid.,'99.Holford.JAJ 8 10 \^ter3i«8, 1911 Var 97 93 8s, Water, 1901 M&N 124" 68, fund., non-Holford JAJ 160 Camden, N. J.—7B.1H03 JAJ 118 5s, 1916 A&O 104 105 7e, L. R. &Ft.8.ieeue,1900.A & O 10 Oharloeton, S.C.—ConT.76,'97.A&0 105 Norwich, Ct.—58, 1907 A&O 5114 115 14i« 7a, Meuiplils & L.R.,1899.A &0 9 Conv. 4b, 1909 J&J 85 Omaha, Neb.-Paving 5s, 1905 §105 1C6 Tt.L. R. P. B. & N. O., ISOO. A & O 18 17 Chicago, 111.—78, 1899 5II8 58, 1912 '1031s 109 78,Mie8.0. & R.BlT.,1900.A & O 10 17 •a, 1895 JlOSH Orange,N. J.—78, long >102 1110 7b, Ark. €)entralRK.,1900.A A O 6 8W i»«a, 1900 5lili>* ,Patbrson,N. J.—78,1900 115 117 .ODnji60tlc't-New,rg.,3Hs,1903.J&J MOO 3-658, 1902 68, 1901 108 IllOia 94i« New, reg. or conp., 38,1910 \ 4s, 1911 49, 1908 t9isl00»« 5|}lat.Col.—Coni!.3-65s,1924,cp.F&A 112>« 113Vi Cook Co. 4's8, 1900 Petersburc, Va.—6s, long J&J IIII4 Funding Ss, 1899 J&J ioe% West Chicago 5e, 1899 Philadelphia, Pa.—88,18a6.....TA.I , WaaLlugtoE— Lincoln Park 7s. 1895 102 69, 1904-.V6 J&J 1291s;. Fund. loan{Leg.)6s,g., 1902Vftr 113 Ctncinnati, O.-7-30s, 1902 ...J&J 126 Pittsbtirg, Pa.-5s, 1913 J&J 122 Water stock, 78, 1901 118 7s, 190S VHr 13214 7.B, 1912 Vai i34% do 78,1903 119 68, gold, 1908 M&N T20 4s, 1915 JAD 100 •Florida—Consol. gold 6b J & J 6110 48 1905 Va!' 101 1« 6s, Con^^ol., 1904 reg J&J 1171s 103i» 'eeorgl»-4»«8, 1915 J&.I 110 113 48| SO-sdsVsink. fund, igsiVjAj Portland,Me.—68, RB.Aid, 1907MAS )122 124 S>«8, 1917 to 1936 J&J 99 101 5b, 30-508, Biiik. fimd,1930.M&N 48, funded, 1912 J&J todlana—Tem'y loan, aits, 1895... lOl"* Hamilton County is. 1937 105 Portland, Ore.—Gold 68.1920.M&N M13 Kefonding, S"-4i',1895 lom Clereland, 0.-7B, 1894 AAO 105 Portsmouth, N.H>—6b, '93, RR. .l&J 61C0H idiT State House, 31(1(1,1895 101 >! 68,1900 M&8 113 Poughkeepale. N. Y.—7b, water long 5132 Temporary loan. 38. 1899 lOO^s 6s, 1907 J&D Providence. B.I.—5e,g.,1900...J.feJ 5109 1091a Temporary int. loan, 38, 1894 lOOH Funded debt 48, Ai>rU, 1902. J&J ioo' 69, gold, 1900, water loan..J & J 5116 117 Temporary Int. loan, 38, 1892... lOOifl Columbus, Ga.—78 Var 41SS, 1899 J&D 5106 106i« Temporary Int. loan, 3«, 1893. 100 58 103 3 138, gold, 1918 M&S 5 93 99 echoolfund refunding, 3e, 1909. 100 1< Covington. Ky.—48,1927, new.J&J 101 Quincy 111.— Us, 1898 J&J 5105 XiinUlana—Coneol. 7s, 1914. ..J&J lO.T 58, 1920 FAA 1:0 Kahway, N. J.-01d78 15 8iiamped4 percent, 1914 J&J 94 8s, 1899 -..JAJ New ad,iu8tment, 4s 70 il»lne—New 38. 1899 1929....J&D 5. 100 Dallas, Tei.—5s, St. Imp'm't, 1928 i05" Beading, Pa.—is. 1920 A&O §100 ilaryland-Ss, gold, 1800 J&J 97 5b, water, 1920 104 Richmond, Va.—6s, 19ai-1910J&J 114 115 8-65a, 1899 J&J i03»s Dayton, O.— 5s, 18i»5—1908 103 88, 1909 J&J 132 Uassaohusetts-Ss, gold, 1891. .J&J ,i02i« 103 Denver.Col.—Pub. iin.4s,1904.M&8 101 5s, 1921 & 1922 J&J 109 68, gold, 1897 M&8 il07ij) 108>s Duluth,Mian.—48, 1920 J&J 100 48,1920 100 .. -Minnesota—Adj. 4's8, 1912, 10-30. I 99 Detroit, Mich.—78, 1894 F&A 10614 Rochester, N. if.—78, Water,1903 Ulssoori- 68, W. L., 1906 J&D 121 4s. 1912 F&A Fund. 6s, 1894-95 J&J 103 3»S8, 1911 J&D 100 dt. Joseph, Mo.—68, 1903 F&A 1081s Funding 3Js, 5-20s. 1900-8 ..J&J Erie, Pa.—Consol. 78, 1894 ....J&J 4104 105 CompTnle6 48,1901 F&A 98 98 1« If 6W Hampeb'e—66,Jan.,1894.J&J 1021s 103 Elizabeth, N. J.—New 48,1922. J&Jl 84 87 St. Louis, Mo.— 68, 1899 Var no's 112 War loan, 6s, 1905 J&J 128 127 EvansvlUe, Ind.,oomprom. 48,1912^ 9J 68, gold, 1894. 1021s 103 Jv'*w York—6s. gold, 1893.... A&O 100 >« Fltchburg,Mas«.—6s.'05.W.L.. J&J 4123 iis" 5s, 1900., 105 108 Jfo.CaroUna—6s,old, 1886-'98.J&J 35 Galveston, Tei.— 5e, 1920.. ..J&D 100 lu2 4s, 1905 991s 101 6s N. C. RR., 1883-5 J&J Gr'nd Rapld», Mioh.-5B, 1904.JAJ 110% 111 3-658, 1907 98I4 99H 61 do 7 coupons off ...A&O Water, 8a, 1895 J&D 111 Ill's St. L. Co.—68,1905 A&O 51-.9 120 6s,fuDdlnga«tof 1866. 1900.J&J 10 Harri.burg, Pa.-68, 1895 J&J, 5 105 lee's St. Paul, Minn.—Is, 1912 5 98 100 68, new bonds, 1892-8 J&J 18 Water 68, 1903 J&J §116 117 4ia8, 1918 51051s 107 6«, Chatham RR A&O 3>« 5 Hartford, Conn.—68, 1897 J&J 1071s 58.1915 §ll2>s 113 68, special tax,cla88 1,1898-9A&0 i\ 4-'fl Towns. 38, 1909 90 6s, 1904 §115 Is 116 rrust certificates 4I4 Hobokcn, N. J.-7s. 1892 A&O 100 78 1898 §114 II5I3 68,' Is, new, conp , 1910 J & J 99 9^\ Improvement 66, 1898 J&D 106 San Antonio* Tex.— 1905-19JAJ 107 68,1919 A&O 123 124 do 5b. 1901 M&N 101 58, 1920 101 auorth Dakota bends, f'dcd 48. .J&J §104 Hou8ton,Tei.—6f, 1918 107 110 Savannah—F'd 58, oons.lOOa .Q— 104 Fenn.— 5s, new,reg.,'92-l»02..F&A 4ll8 120 69, 1912 105 108 Scran ton. Pa.—4e, 1893.1910.F&A §100 48, reg., 1912 F&A 117 Compromise 58, 1918 ,. 94 971* Sioux City, Iowa—4IB8, 1899 J 99 100 Khode iBl'd—68,189.3-4, coup. J&J 102>« Indianapolis, Ind.-"D" 7-3,'99. J&J 109 Spokane Falls, Wash.—€8 1'llH *onth Carolina—6o,Non-funa., 1888 iH 4>» 68,1897 J&J 101 Springfield, Mass.—6s, 1905..A&o!§122is i23>« Brown consols, 6s, 1893 JAJ 97% 100 JerBey City—78, 1905 Var 119 liO 7s, 1903, water loan A&O §128 123i« Blue consols. 4^48, 1928 J&J Water 78. 1904 JAJ US 119 Springfield, O —5s, 19o7 M&N 5111 112>S Bouth Dakota 4'iS, 1897 Water 58, 1918 A&O 104 106 Toledo, O.—7-jOa, RR., 1900. M & N 5114% 115 Vennessee lie, unfunded J&J 62 Water assess., .58, 1916 AAO 104 lOd 8s, 1893- 4 Var 5102 104 Compromise, 3-4-5-66, 1912.. J&J 72 Hudson County 68, 1905 M&8 103 68, 189'J Var 5l08'« 110 Bettlement, 6s, 1913 J&J 101 105 Hudson County 7b, 1894 JaD 103 104 58,191. (cal after Oct. '93). AAO sMOO 101 Bettlement, 58, 1913 J&J 100 105 Bayoune City, 7s, long JAJ 115 125 4s, 1913 Var. § 96ii 98 75i« Bettlement, 3s, 1913 J&J 78 Kansas City, Mo.—7e, 1898.. M&N 112 113 Trenton. N. J.— Is. 1911 J&J Texas— 78, gold, 1904 J&J 4s, 1910 A&O 5113 Worcester, Mase.-Ss, 1905. ..A&O 1131s 1141a Virginia—6e, old, 1886-'95...J & J Knoxville, Tenn., 5s, 1922 4s, 1905 : A&O IO3I1 105 68, new bonds, 1866 J & J 37 Lawrence, Mass.— 6e, 1900 ...AAO 51141s 115 31SS, 1905 J&D 98 99 68, consols, 1905. ei-ooup J&J 42 Leavenworth, Kan.— 48, 1914 .J&J 6e, ooneol., 2d series J&J Long Island City, N.Y— Water.7e... 103 RAIIiKOAO BONDS. 6s, deferred bonas. . 7k 8 Los Angeles, Cal.—7s 6102 1» 110 (Bonds of companies consol' ted are Do trust receipts _ 6 'a 8 Louisville, Ky.-7s, 1903 Var 51211s 122 ffenerallj/ under the eonsord name,) Hew3s(Riadleberger),1932.J&J 7414 75 68,1897 Var 5 106 108 Ala.Gt. Southern—lst,6s,1908J&J cll4 113 Coupons 27 SO 20-40S, 68, 1920 M&N 5106 107 Debenture 6s, gold, 1906.. .F&A elOl 103 4s, 1923 J&.I 5 99 100 Gen'l mort. 58, 1927 J&D e 94 96 CITX SECURITIES. Lowell 4s, 1903 A&O 103 Is Ala. Midlaud-lst, gua. 68, 1928... 90 Albany, 1021a N.Y.—6s, 1916-1919,M&N Lynchburg, Va.—68, 1901-4.. .J&J 1081a 110 Ala. N. O. T. Ac. Ist deb. 68, 1907. e"92" 94 48, 1920 to 1930 M&N Lynn, Ma88.-Waterloan,68,'94.J&J 51021s 103 2d debent. 68, 1907 J&D e 39 41 Allegheny, Pa.—5«,cp., '87-87. V«r. lOlifl 66,1905 M&N 5113i« Ill's Ala. &Vick6b. -Cons. 5s,1921.A&0 87i« 92% 4>«s, coup., 1900 yar. 103 Macon Ga.—68, 1909 HO Vick8b.&Mer.-l8t,68, 1921.A&0 100 Allegheny li Co.,58, cp., 1»13.J&J 101 103 Manchester, N. H.—6B,1902..J.feJ. 5ll4tj 116 2d, consol. 5s ... 72ifl 48. Court House, 1908, reg.. J&J 100 102 4s, 1911 51031s 105 Alb'y &8ti8(i.—Cons. 7s, 1906, guar. l',?6 130 8-8s, lefunded, 1895, reg.. ..J4J 100 Memphis, Tenn.-Comp. tie, 1907.. Consol. mort. ,88,1900, guar.A&O 117 Atlanta, Ga.—Water 78, la04.. J&J 122 rax Dist., 68, 1913 JAJ Allegh. Val.—Gen. M.,73-10a. J&J 110^ 1895-6 164' 68, J&J 109 Tax Dist., 68, 1915 J&J lat mort., 7s, 1910 A&O 124 68,1914-15 J&J 103 1.06 Middletown, Conn.—3-65, 1915 .... 96% AUentowuTeriu.-lits.ls.l 91 ). J&J 4>li«, 1916 JAJ 100 104 Minneapolis, Mlim.-88, 1892. J&D Atch.r. &8. Fe-new4e, 193 J, J&J 83^8 Angnsta, Me.—68, 1905, Fund .J&J 5119 121 7s, 1901 J&J New Incomes, 198P B838 58'« Augusta, Ga.—68, 1905 JAJ 108 115 4ia8, 1912-15 104 Truit receipts ,'8 as^ Baltimore— 68, bounty, 1893. M & e 103 48, 1915-17... Atl.&Cliarl.—latpt. 7o, lia/.A&O lOOlf 68, -water, 1894 M&N 102 48 1922 1021a 1st, 78, 1907 116 118 68, 1900 , Q-J 114 miwauke6,Wls'.—Water78762.J&J luoome, 6e, 1900. ., A&O 80 68, West. Md. BK., 1902.... J&J lie's Water 48,1906-7 J&J 102 4tl. & Florida— Ist, Cs, 1939. M&N 68. 1916 M&N 125 126 Mobile, Ala.—4-68, f'ded, 1906.J&J 92 Atlantic City—Ist, 5s,g.,1919.M&N loo's ...--- *e, 1920 0_j 106 Montgomery, Ala.—68 Allan. & Dau.— Istg. 64, 1917. 18 ..»•• 3>ss, 1928 A&O .11^ 100% 6s, new AClautioA Pac— 1st 4s, 1937. .J&J 63 89 Bangor, Me.—Water,68, 1905. J&J ill9i» 121 NashTilla, Tenn.—6s, 1900 2dW.D.,guar.,g,s.f.63.1907.M&S ^- KR. J&J i".,^A*.*'- 68, 1894 J&J 1I02 103 4s, 1910 W. D. tnoomes, 1910 A&O 11% 12 * Bath, Me.-68, 1902... Var I05i« 107 4>«8,1907 ." Newark—As, 1908 A&O 99 101 Oent.Div.-Inc.,6a,non-cu., 1922 10 ...••• J&j' >103 105 4iss, fielfa«t,Me.-6e, 1918 104 Land gr. Incomes, ouin., 1901.. 16 ..•-•• railroad ald,'98.. 106 108 6b, 1909... 100 >» Birmingham, 109 aaltlmore & Onio -la, 1936. . . A&O Ala,—5 g., 1920 A&O 68,1910 120 Boston, Maee.—Water Var 120 ParkersburgBr., 68, 1919. ..A&O 117 68,1906 .Var >l25i< 127 78, Aqueduct, 1905 121 127 58 gold, 1925 F&A 110 111% Water 58, gold, 1906 Var Var ill5i« 116 New Bedford,Ma88.—68,1909. A&O lv8». 130 Consol. gold 6s, 1988 P&A 114 ^ Water48, 1917 Vsr i'07i« 108 3Hr. 1910 xAO 971s 98 Sobuylklll RIv. East Side 5s, 1935 110 • •PHoenoinUua. »ruroUa«er»la«p«ys(» OCTOBKK 15, 1802.1 THE CHRONICLE. 68i For Ezplanatloaa Me Ttoteu at Head or Vlrat Paxe of Qootatlen*. RJULROAD BOHDa. Bid, Ask. Bailboad Bonds. Bid. Aak. Railroad Boitm. Bid. B^iltlniore A Obli>— ('/outlnuodl— ClUo. B. A q.— Cons., 78, 1908. .JAJ 123 Clev. Cln. Oiilo. A St. Lonla.- aterllm;, 6», 189.^ MAS «103 105 Ss.s.f., 1001 AAO 102 >< C. Dlv., 48,1989 J.»J 90 BlerllnK. 68, K., 1903 MAS uH'i 114 8b, debenture, 1913 MAN 102>i 10)>« St. U div.lst.ool.tr. 4a.'90.MAV! 8terllnK.8«. K.. U»10 M*Ni«l22 124 Iowa Dlv. 8. P. 59. 1919 AAO 105 1C5>« C. W.AM.Dlv.-la»,t»,g 1901 JAJ oo' .">». 1»27 J.fcD «108 110 Iowa Dlv.. 4a, 1919 05 '4 Bterlmn, AAO ' 90 Otnn.8an.A Olev.—6a, 1900. FA A ) Bterllnjc. •*'«». l'»33 AiO^tlO 112 Denver Dlv.. 4b, 1922 FAA 03 Consol. 5a, 1928 JAJj 10a<* Equ, Tr. SM, B, I H!) 1 to 1000 -MAN 4b, plain bundK, 1921 86>« MAS Feo. A Bast. oona. 4a, 1940 1 .... •0 Mon.Rlv.-a BtKU.K 5i>,191!>.F*\ Neb. lixt., 48, 1927 MAN 88>« 8B^ Income 4b, 1090 ' 21 Cen.O.-%)r». lKt.4V(:»,l!>iO.M*S 102 J-lain, 78, 1896 JAJ S109 l^B"* Clev.Col.Cln.A In — lat7s,'99.MANI 118% Il7i*i >• Ak.Arii.Jiin. l«t.p...^«.l():^O.MAN 105 Bonds, 5s. 1895 JAD J 100^4.,101 Ooneol.m(>rt.,7B, 1914 JAD Balilui'ire A Ohio Monthwistern— Convert, deb. 5«, 1903 MAS I0^3h'l0.ll« Oons. B. F.j 7b. 1914 JAJ ...,« Cln. A Kiilt. 7b. 1(H)0 1124 Bur. A Mo. R., rd M.. 7s, '03. AAO no'2'4'l02ie Oen. oon.ds, 1034 JAJ 120 New 4>4S,Kiiur., 19U0 JAJ 106 >« Bnr.AMo.(Nel).),l8t,09,1918.JAJ JllH'< 117 Bellef.Atnd. M. ,7a, 1899... JAJl IIO 1st pref. iDoonit) Si 72 Cons, 6b, non-ez., 1918 JAJ {l07v'l 108 Cleve. A Mah.Val.—0. 6a, lOaWAJ 104 8d do do 27>. 28 48, (Neb.), 1910 JAJli g5'4 8^>S Cle. A PltU.-Con.a.f.,7a.l900MANi 120-t 183 8d do do 7>4 8 Nob.ER, lBt,78, 1896 AAO 'lOH 109 Gen. gu. 4'as. g., ••1,"1942.JAJ! BAlt.A Pofc— l«t, 68,K.,inilAAO 119 Om. A 8. W., iBt, 88. ISOe.JAD MOS'i U2>s ColnrwAo MUf-lst, 6a, 1936. .JAD 109 1st, taanel,6s.K.,K'il. 1911. JAJ 123 Ott. Osw. A Fox R., 8b, 1900. JAJ U22 Con9ol. gold. 4a..'. ...1940 69%- Beech Creek—l«t,K'ld.*«.1936,JAJ lOi^i Atoh'n A Neb.—iBt, 78.1908 MAS S124 125 Columbia A Or.- Ist, 6a, 1916. JAJ 98 105i« Balvldore Del.— l»t,68,c,1902.JAi: il6>i Repub. Val.. l»t, 68. 1910...JAJi}10.^'« I 2d mort.. 6s. 1923 AAO 73 Cons. 4», 1927 FAA 102 Chlo.A Eastni.- Istmnrt.es, 1907 115^ 117 Ool.AC.MId.— lst,4%B, 1939. .JAJ 93 Bosion A Albany— is. 1895.... JAJ 106 106 >« lst,con.,68, gold, 1931 .... AAO 120 Colam. Hook. V. A T.-Con.5s,l031 92 02%. Boston A Lowell— 7s, 1895. ..MAS 107 lOS Gen. con., Ist, 58, 1937 MAN 102 102 >« Oen. 6b gold, 1004 JAD 97„, too 68, 1896 JAJ SlOSij 106\ Cfc.At. Coal R'y, 1st .59. 1936.. JAJ 102 :oz\ Ool.AHock.V.—lstM.,7«,'97.AAO }10« 6^1899 JAJ nojij 105^ cute. A Or. Trunk- let, Ga., 1900.. lOJ 110'* Col. A Toledo— 1st 7S.1005.. FAA 117 119 «s, 1005-6-7 Var. JUOH loo's Cblo. Mil. A at. Paul— do 2dmort.,1900.MA9 109 A>«s, 1903 MAN H03% 104 M.Aat.P.l9t, 89, P.D., 1898. FAA 116>t OhloAW.Va.,lBt,8.f.,7B,li»i0MAN ill* •jston A M&lue—78, 1893 J.U Sioo>« 101 P. D., 2d M., 7 3-108, 1898. .FAA 123 123>s lOol.Sh.iw. AIIk.-l«t5<,1940.JAJ 85 90 7«.18B4 JAJ 5 103 103!^ R.D., 1st, 9, trold, 7h, 1902 ..JAJ 127 129 (%l. A WcBtirn, lat, 68.1911. ..JAJ; 101 lOZ ImproTrment 48, 1905 FAA 5 100 100'« La. C, iBt M., 79,1893 JAJ 1221* 123 Con.AMon.-B C.A .«.—iJon.7B,'93 6101% 10l>«- Do 48, 1937 ...FAA {IOOH'IGO* I. A M., Ist M., 78,1897 JAJ 122>S|124 Conaol. mort., 69, 1893 A.tO )10 J 100% Bist. A Prorldeuce—-78,78 1893. JAJ Jl 01 ;iOI«« I'a. Dak., Ist M., 7b, 1899. JcW 123 If 125 Improvement A >s 89, 1911 JAJ ;112 1,1,2 % 4», '.918 , JAJ lO:"! 103 H) Chic. A Mil., let M.,78, 1903.J.fcJ 1271s 129 Conn. A Paasump.—M.,79,'93.AAO JlOO% BoBt. >4 Kevere A Lynn—68,'97..JAJ >U8 108 Consol.. 78, 1905....r. JAJ 127 I Connecting (Phlla.)—l9t, 6b ..MAS Brooklyn BttTated— 1st It., t. A l>. Ext., 78. 1908JAJ 129 Oou801.RR.of Vt., 1st, 59, 1913.JAJ ) 95% P6 let, 68, 1924 116 M.,f s, a'lhwest A*0 Ist D;v.l909JAJ 114 Dayton A Mich.—Con. 5«,1911 . JAJ 107% 107%- Sduiort«, &e, 1915 JaA 9.t>t 1st M., 58. 1 a C. A Dav.l919J&J 1051* Dayton A Union— Ist, 7s, 1909JAD 5120 El.-let, Union Os, 1937. ...MAT 115 >i il6>i 8o. Minn. Kt 68. 1910 JAJ 117 Dayt.A West.—l8tM.,68,1905.JAJ J112% U3K. Bnmew. A W.— lBt,48,g ,1938.JAJ " Hast. A Dak.Ex.l8t.7a, 1910.JAJ 128 1st mort., 7e, 1905 lAJ ;5 122 BaO. Briul.A P.—tJen.M.78,'96.JAJ 102 do 5b, 1910 JAJ 106% Delaware—Mort., 68,guar.,'95. JAJ Ball.N.Y.AErlo— l8t,7e. 1916.J&D 136 Ohlc. A PftC. Div. Ob, 1910 .. .JAJ 119^ Del.ABoundB'k-l8t.7s,1905FAA! .... 12T Boff.Koch. A Pitteli.—Oen.5e, 1937 99\ do Weat. Dlv., 59,1921. JAJ 109 109% DeUAHud.—Ciupon 79,1891. AAO 105% 106 Kocli. A P., iBt, 6», 1921. ...FAA 119 121 Chlo. A Mo. RIV. 58, 19^6. ...JAJ 10i%i l8t, M., Pa.Dlv.,78. 1917. ...MA3 139 140 gousol., 1st 68, 1922 JAD 117 Mineral Pt. Dlv., 5b, 1910... JAJ 132% Del.L. AW.— Mort. 7b,1907...MA8 Bnfl.A Soutliwest.—68. 1908.. J. *J 100 >a Chlo A L. Sun. Dlv., ^a, 1921J*o 103 ;106 Den. City Cable Ist 6a, 1908.. JAJ 93 101 Barl.C. R. AN.— lst..>.1906..JAD lot 105 632 THE CHKONICLE. [Vou LV. GENERAL QUOTATIONS OF ST00K3 AND BONDS—Oontinubd. For Bxplanatlons See Notes at Head of First Pa^e of Qaotatloas. BAIUtOAD BONDS. Bid. ABk BAJLKdD BONDS. Bid. Ask. BAILKOAD BONDS. Bid. Ask, L. N. A. & C— (Continued.) N. Y. Lack. & W.—(Continued.)— fiooBton IstoonHOl.os, 1931 Q— 1151s Car. Br.. iBt , 68, g. 1893.. ..A&O PenD'OreilleDiv., 68,1919.. M&S 99 Gen. M. 4s. 1938 J&D 97 8t.L.I.M.&8.-l8t ex. 5s, '97. F&A 101 14 Mo. Div. 6s, 1919 M&N 100 Ferry-lst, 4>s8, g., 1922. ...M&3 97 2d. 7s, K., 1897 M&N 109 James Riv.Val.— l8t,g..68.'36J&J 95% H.Y.&R'yB'eh,lBtg.58,1927.M&B Ark. Br. 1. gr., M., 7s, g., '95.J&D 105 1051s Spokane & Pal.,l8t 63, 1936.M&N 90 96 2dmort. inc., 1927 S 221* Cairo Ark. & T.,l8t,78,g.,'97.J&D 1051s loo's Holeua& Red Mt.l3t,63, 1937.M&8 Man. Beach. Ist H.T.& 78,'97,J&J Gen. oon. r'y & L g., 58,1931A&0 &2>« 831s Dul. & Man., lat, 68, 1936. . . J&J 100 B.,l8tcon. .--... 100 N. Y.B. &M. 56,1935 Mobile&O.—let,g'd,68, 1927.J&D 1171s 120 Dak. Ext., 1st, s.f . 6s, 1937.J&D Brook. & Mon.,l8t6B,1911.M&S l8t Extension 6s, 1927 Q- ~ 112 No.Pao.& Mon., l6t,68, 1938. MjiS BO'S lBt88, 1911 M&8 Gen mort.. 4a, 1938 M. 611s 62 Coeur d'Al.,l8t,g , 6s, 1916.M&S 2d. 58, 1938 J&D 106 Bt.L.& Cairo-48, gnar., 1931.J&J do Gen. let g.,68, 1938.. .A&O Bmlth.& Ft. Jeff.,l8t,78,1901M&S 106 Mont. & Eufaula, let 68, 1909 . .J&J 106 Cent.Wash'n, let g.68.1938.M&S 100 L. I. City & Flu. Ist 68,191 1 .M&N 110 Morg'n'8La.&Tex.,let,6B,1920J&J 112 Ch.&No. Pao.con. 5g.l940.A&O 75% 76 Iion'v.Bv.&8t.D-l8t.6e,l»26.A&0 §110% 111 iBtmort., 78, 1918 A&O I21I4 North. P. Ter. Co. -lat, 68. '33. J&J 106 £. R. & £. Div., Isl, 68,1921.J&J 5 108 109 Morris & Eesex-let, 78, 1914 M&N 1411s 143 N. W. Gr. Trunk lat, 68, 1910 .J&J 107 90" 2d mort., 2-6e, g.,1936... 4101% 102 Oonv. bonds, 78, 1900 J&J N. W. Nor. Car. 1st 68, 1938. .A&O 75 H. T. C. & C. 1 81 6e,g., 1927.A&0 I 99 100 General mort., 7b, 1901 A&O '126 is m'ls Norw'h&Wor.—latM.,68.'97..MsS610i 109 ConBol. 5s, 1939 J&J . 86 Consol. mort., 7s, 1915 J&D 135 Ogd.&L.Cham.-ConB.68,1920.A&O §10614 106% Con8.l8t,78,189S X«alaT.&Na8hv.— 110% Nashua* Lowell—68, g., '93. F&A jlOI 102 Income, 68, 1920 § 26 30 Br., 78, 1907 OeoUlan M&S 107 108 56,1900 F&A 1041s 106 Ohio 1. & W.—l8t p(d.5s,1938..(i-J ir. O. & MobUe. iBt 68, 1930.J&J 119ie NaBh.Chat.&8.L.—lst,7s,1913.J&J 127 130 Ind. 81. &W.— Ist, pf., 78, 1900.. 113 116% do 2d, 68, 1930.... J&J 109 1131s 2d mort.. 68, 1901 J&J O. &M18B.—Cons., 8.t.,7B,18i8. J&J 112% C. H. & N., l8l 66, 1919 J&D 113% Consolidated gold 58, 1928.. A&O 103 Cons, mort., 78, 1898 J&J 112% Ben'l mort., 6s, 1930 J&D 117 New Haven & Uerby—Oon.58,1918 110 2doon3ol. mort., 7s, 1911.. .A&O 116 iion'T.C.& Lex.— l8t,7B,'97 ..J&J 108 1* 109 New Haven & N., 1st 78,1899.. J&J 116 lBt,Sprmgf . Div. , 78, 1905 . . M&N lie" 3d mort., 7b, 1907 A&O §124 125 Consol. 6s, 1909 A&O 1201s 12i iBt gen,, 58, 1932 J&D 94 96 ltem.& 0.,8tl., M.,78, g., 1901 J&D el 17 119 N. J. Junction, Ist, 4s, 1986. .F&A 101 Ohio River KR.— 1st, 58, 1936. J&D 103 lt.&Clark8T.,8t'g,tis,g.,1902 F&A el08 111 N.J. & N.Y.-lst, 68, 1910. ..MAN 101 105 gold, 58, 1937 A&O 105i« Gen. Fensacola Dlv..lHt,UB,1920..M&s 1081* N. J.80U.— Ist, 6e,ls99 Int.gu.J&J 107 Ohio Southern— Ist 68, 1921. ..J&D 112 at. IiOUl»Dlv.. Iflt, 68, 1921. .M&S 115 N. O. & Northeast.—Prior 1.68.1915 110 Gen. M. 4s, 1921 M&S 62 63 di 2d.,38„1980.M&S 60 N.Y.& Can.-£M.,6e,g.,1904.M&N !ll6 118 OhioValley-Gen.M.,5g.,1938.J.SiJ Branch Leb. ExtenBion,1893A kO 97 N.Y.C.& Hud.Riv.—Ext'd5s. M&N IO214 103 Old Colony—6s, 1897 F&A §108 109 naeh. Dec, Ist 1900.. 113i« & 7s, .J&J 1st coup. 78, 1903 J&J 1241s 6b, 1895 J&D 5104% 105 Bo.<)iNo.Ala.,S. F. 68,1903M&M elll 114 Debenture 58, 1S84 1904. ..M&S 107 7b, 1894 M&8 5104 104% Ten.forty 68. 1924 M&N 1021s do 58, 1889 1904. ..M&S 105 A&O §105 106 60-year 4%s, 1904 gold, 58, 1937 M&N 102<>B do 48, 1890-1905 ...J&D 100 1897 JAD §102 102% CnUled4s, g.,1940 4%8, ^ J&J 80 8 tei ling mort., 68, g., 1903. ..J&J el20 122 48, 1938 J&J §103 103% Penea. & Atl.— lBt,68,gu,'21.F&A IOII4 lOlis N. lf.thlo.& St.L.—l8t,48,1937.A&0 98 B. C. F. & N. B., 68, 1910 ..J&J §113 114 OoL tr., gold, 58, 1931 M&N lOlia! r N. . & Greenw'd L.— Ist M. inc. 68 37 40 N. Bedford RR., 7e, 1894 ..J&J §103 104 6. & N. Al. 8. 1. 68, 1910.... A40 100 2i mortgage income, 68 7 10 Omaha&St. L.— l8t,48, 1937..J&J 60 62% CoDBOl. 5b, 1936 F&A 90 N. if &Hariem—7s,coup.,1900.M&N 1907. .J&J .... Na«h.F.&8.1stga.g.5s,1937.F&A 1211a Orange Belt>-l8tM., 58, 100 N.J(. Laok.& W.— Ist, 6s, 1921.J&J 130 Oreg.&Cal.-lBt58, 1927 J&J 95% !,'« .N.A.& Chic— l6t,6B,1910.J&J 109 ^1 d, 5b. guar., 1923 F&A 113% Oreg. R'y & Nav.—letBH, 1D09.J&J lOS'a 111 • Price Domlaal. § Puroliaser also JsVirest. part aoomed e U London. | Coupon off. t In Amsterdam-M In Frankfort, Germany. F F : FPJ ' Ootobkb 15, 1992.] THE ( HRONICLK. flJ3 (lfl3Nl€KA.L gaOTATlONS OF SPOOKS AND BONDS—Oowrisoio. For BxplaaaUooa Me« !«otM ac llea« of Vlrat Fa«« of Qaotatlon*. lUaROAD BOHIM. Bid. Kailkoad Borix Bid. Aak. Railkoad aho Mimkl. Bokm. Bid. Or. Ry.*Niiv.-Ctni.M.Rii, 19a5J4D 91 Bt. Loult A 8, F.-(«ontlDaed.) Va. Mid. -3d aerlMi, 9a. 1911..MM 100% llfti« O.llaUTKl triint f«. 1911). ...MA8 72 73>4 Bt.L.K.A8u.W. -iBt Be, lOlSMAS Sdaerlaa, 6a, lOlB MAS 1(M Osw.VKimm l«IM.,7it. lOl.^.MAN 130 KauHiie Mill.— lat, 4a, 19.17. JAD ith aerloa, .1-4-5a, 1931 MAS 70 2i1 g 'iH. itiiBr., 1915 FAA 10& id7>« Ht. Uiule HaleiD A ArkHiiaita-Sa. t 01 6th eerlna, 9a, 1936 MAS 9fl% 99% Ox.AOliirk.— Idt, p.* I.Kii. 6«.M<)tN 102 8t. L. W. A W., 68, 1919 MAH 1106 General 5a, 1036 MAN 81 im lij|< I. PortRuyalAAug.—l8C,68,'99.JAJ 10* 2d gold Inc., 5a, 2000 Hch 31 32 Laclede Gaa, St. L.—5a, 191 9 . . Q— 83%; 84 Inooiue mort.,6»,1899 JAJ 90 Third Avenue lat 5e, 1937 JAJ 112 113 i^ehighC.ANav.-M.4%8,1911.Q— 10J% 110 Forte,Ot. F. AOou.-4is(., 1937.JAD JlOS"* 108% Tol. A. A.ACad.—let,68,1917.MA3 95 98 RR. 68, 1897 a— lOJ Pres. A Ariz.C— l8(g.68,l»16.JAJ Tol. A. A.AGr.T.—lst.6»,1921.JAJ 112 115 Convert. 6a,1894 MAS lu2 2d luc. t'8, 1916 JAJ 5 Tol. A. A.AM.P.—l8t,6e,1916.MA8 Mart. 68, 1897 15 JAU 111 Prov. A Wone«.— let B8,1897.AAO Tol.A. Ar.AN.M.— l8t,6a, 1924.MAN 101 102 Consol. mort. 78, 1911 J.AD 133% 1341 Balelgb A Uastou—88, 1898...JAJ 120 lat oonaol. 58, g. 1910 JAJ 90% Gen. mort. 4%s, 1924 Q— 1U3% . Ben.AS'toga—let 78,1921 o(iu,MAK 142>« Tol. A Ohio Cent.— lat, 58, ga.l935 107 107% Man.BchU.Lgeu.48g.1940 .MAN 50 BloIi.*Dan.-aeu.m.,6e, 1915JAJ lOS"* ToU A O. C. Ext. -lat, 5s, g., 1938. .Mlu'p'sSt.R'y lat con.oa. 1919.JAJ i Debenture, 68, 1927 AAO 87 Do do guar 92% 93 Mut.Uu.rel.—3lig.td.68,l»ll.MAN UO 112% Con. Uiort. gold, 68, 1936. ..AAO 75 80 Marietta Min., Ist, 68, g., 1915.. 96 Nat.St'roh.M(.Co.-l8t,g.6s,'20.MAN 105% 8078 Equip. M. 8. f. 5», 1909 MAS 78 ToI.PenriaAW.—l8t,4B,19l7....JAJ 80% New Eug. Telephone, 68, 1 907 . AAO ^104%. 109 Wash. O. A W let gu.48,'24.FAA Tol. 8t.I>.AK.C.,lst,68,1916...JAD, 86 88 New Orleans Pac.—laud grants... 20 24 Blcli.Fr.AP.—C0DS.4is8,i940.AAO Troy A Boston 1st 78, 1924. . .JAJ { N.Y.&Oat. L'd—latg. 69.1910.FAA Rich. APetereb., 68, 1916....MAN 115 Ulster A Del. con., 5, 11128. ...JAD 103 NY. A Perry O. AI. Istg.Cs, 1920. Blah. York R. A CheB., let Be, 1891 101 Doited Co'aN.J—Oen.6a,I901.MA8l 115 Northw'u Telegraph—78,1901. JAJ 107% 2d uiort., 68, 1900 MAN 101 do gen. 48, 1923 FAA U02 Ocean SS. Co.— 58, 1920 Rich. A WeetPt.Ter., Oe, 1897. FAA 78'e 79% do gen. 4a, 1929 MAS H06 107 Oregon Imp. Co —let 6s, 1910.JAD 103 103% Trust receipts Bterllngdo 68,1891 MA8eI02 Conaol. 5s, 1939 AAO 65 65% Con. ool. tni8t, let, 58, 1014. MAS 51 52 do 68,1901 MAS'«115 Penn. Can.al—68, 1910 JAJ 64% Trost receipta Union Pacltlo—let, 68, g, 1896.JAJ i 106% Peun. Steel—l8t 59, 1917 MAN 104 BloOraode Weet.,l8t4e,1939.JAJ 78 78% let, 68, 1897 JAJ 108% Peoule'aG.AC.Ch -l8t,6,g.'04.MAN 91. 93 RloGr'deJuiic.lstKU.58,1939.JAD lat, 68, 1898 JAJ 110 i 2d do 1904 JAD 102% Bio Or. Sonth.-la-:, 58, 1940.JAJ 83 84 iBt, 68, 1899 JAJ 111% PooriaWaterCo. 6s,g., 1919.MAN 100 , 103" Borne A Carrullt.— let, tie, g., 1916 95 Sink. F., 8s, 1893 MAS 102% Pleaa. Val. Coal IstOs g.lOlO.MANi 99 Borne W.AO.—Con.,ei.Si','22.AAO 112 113 Om. Bridge, sterl. 8e, g., '96.AAO ell3 116 Po'k'psieBri(lge-lat6s,1936.FAA Batlouu— let M., 68, 1902....Mv'eN 111 112 CollateraUruBt, 68, 1908 JAJ Prottor A Gamble let 68. 1904. ...I 105 Eqalpiuent, 2d 58, 1S98 FAA 5101% 102 Collateral trust, Ss, 1907 JAD ....._ St.L.B'dgpATuu.-lsl78,192d.AA0al27 133 Isl'd— lst,guar.68,1925. 96% Collateral trust 70 Soiiurity Cor. l.itg.g. 69,61 1911 .MAN 97% 99 •t Jo. AOr. 3*1% 4%8,1918.. MAN 66% 2d mort.,lncoiue», .3b, 1925 Gold tie col. t'et note.s 1894.FAA 94%94%' 95 Tenu.C.I.AR -T.dv.letea.dv. •17AA0 90% 91 Kan. C. A Om. Ibt os, 1927. .JAJ Equipment Trust 3a ..AAO I 98 Bir. div. lat oon. 6«, 1917... JAJ 94 et,L.Alt.Ar.H. l8tM.,78, '94.V»r 102 Kane. Pao., lat, 6e, 1895 FAA 106 107 W'n Un.-Deb. 78, 1875-1900.MAN 112% il5% 104 108 Debeu. 78, 1884-1900 MAN 2d niort., prer., 7e, 1894 Var do lat M.. 6s, 1896 JAD 163" 2d Income, 78, 1894 MAN 103 104% do Den. Ext., 68,1899.MAN 112 CoUat. trust cur. 5 j, 1938. . . . J AJ Plv. bonde, 1891 62is t5 do l8tcuUB.M.,68,1919MAN 111 i'ii' Wh I, E.&l'.Coallstg.5B,l919.JAj 73 30 WooJst'ck Iron- Istif.ii.i. 1910.JAJ BeUev.A 8. in. , lHt,B. F.8b.'96. AAO 110 Oen.Br.U.P-A.AP.P.6s,'95M4N 100 BeUev.A Car., let 68, 1923..JAD 110 Fund, coupon 7s, 1895 ...MAN 100 STOCKS—HAIliKOAD. Par. Oh8t L.APa.l.,let,g., 58, 1917.. lOOH Atoli.Ool.AP.,lat,68,1905Q,— 82 Ala. Gt. South.- A., 68, pref.,.S10 8% Bt. L South., let, Is, 1931. .MAS At.J.0o.AW.,lst,6e,l905.q,—F 82% B, common *10 2% du 2d, income Se, 1931 ..MAS 72ii U.P.Lln. AC.,l8t.g.,.i8'18iAO 76 Ala. N. O. A Pao., Ac, A, pref. « 10 a % 1% N. . do do B, def..A10 a Oarb.ASUaw.,lHtg.4a,1932.MAS Oregon Short-L. A U. Consol . 72 % 73% % % Bt.L.8o.W.let,K..4e,1989...MAN eB'g 70 Collat Trust 58, 1919 MAS 73 73% Alabana A Vioksbarg 2d, g.. inc. 48, 1989 JAJ 30% 32 Oregon Short-L., 6b. 1922 .. FAA 104 Albany A SU8queh.,Gaar.,7...100 i'ss" BtL.AB.F.— 2dti», o1.A,1906.MAN 113»4 Utah 80., gen., 78, 1909 JAJ 102 Atchison TopeKa A Santa Fe..l00 39 39% 2dM.,6e, olaeeB, 19U6 MAN 113>4 115 do Ext,let,7s,l»09JAJ 101 105 Atlanta A Charlotte Air Line . . 100 83 88 2d M., 68, olaae C, 1906.. ..MAN US'! 115 Utah A Nor.— 1st M.78,1908.JAJ 103 Atlanta A Weat Point 100 99 100 let m. Mo. A W. Oe, 1919 ...FAA el05 115 Gold 58, 1926 JAJ 70 Atlantic A Paoittc 100 4% 4% Equipment 78. 1895 JAD 100 U.P.Den.AOuUooa.,5.g .1939.JAD 71^8 72 .\ugusta A Savannah, leaaed... 100 104 108 General morl..6e, 1931 JiSJ 108 109*% U. A Bl. R.—Con. 48, g. 1922. .JA.I 102 Baltimore A Ohio 100 94% 94% General mort.,5e, 1931 JAJ 98 UtlcaClln.ABIng.l8t3,1939...JAJ 5109 111 Bonet. Int. Certs. 100 91 94 let trust, g., 58, 1987 AAO Valley of Ohio—Con. ee, 1921. MAS 102 do lat pref., 6 100 132 135 Con. gu. le, g., 19.»0 AAO 67 67% Ver. A Mass.—Guar, ds, 1903. MAN (105% 107 do 2d, pref 100 131 -Prior lien. Bait. A O. 8. W.—pref 10 J 6 Kan.C. A8w.,l8t,68,K.,1916..JAJ Vlokab. 8h. A Pao. 6a. . I Ft.8.A V.B.Bd..l9t,68, 1910.AAO 90 Va. Mldl'd.— l8teer.,6s, 1906.MA8: 114 Beech Creek, guar 50 ' rnoe nominal. ^ Purohaaer also paya ao«raadlnt«re«t. aln Load'Xi. lOoapaaaO, a Priea par ahare. t la Aiaaterdaia. I la FraaklerK . . . 634 THE CHRONICLE. [Vol. LV. GENERAL QUOTATIONS OF STOCKS AND BONDS—Coktinubd For BxplKiiations See Note* at Head or First Pas;e of BuxBOAD Stocks. Bid. Ask. Railroad Stocks. Bid. Ask. MiscEi.. Stocks. Bid. Ask. M18CEL. Stocks. Bid. ABk. BelleT"e do 2dprfcl.l00 40 42 Mine HiU AS.H....5C ( 72 73 Virginia Midland . . 100 Central 10< "iV.is CUcaeo & Alton . . 100 142 147 MlnneapA 8t.L...10l 171s 181s Wabash RE 100 11% Continental lOt- do pref.lOO ao Pref... 100 46 47 do pref.. 100 25 25I4 Farmers' Loan A Tr.25 Chlo.Bur. & Quln.lOd 101 1011* Mo. Kan. A T 14% 15 Warr'n(N.J.),l'8'd,7.50 142 Franklin... 100 Chlcdt East. 111... 100 5^>« 61 do pref... lot 26 27 West End (Best.). ..50 < 72 7214 Holland 100 do pref.lOO 971* Missouri Pacific... 101 621* 62% do. pref. (Bos.) 50 » 871« 87^1 Kings County 100 Bt. 100 791* Mobile AOhio 10< S5 38 Jersey f 61 CUfc. Mil. & P. West 50 25" Knickerbocker 100 do pref.. ICO 12u'>« 123 >i Morgan's La.ATex.lOt West Jersey A Atl. . .50 I 20 Long Island 100 CMo. &Nortb-ft'n.lOO 1151* Morris AE'x, gu.,7.5( Western Maryl.'ind.50 16 i .vianhttttan 30 do pref., 7.100 Naehv.Chat.Aet.L.2f 87 871s West. N. Y.4 Peun. 100 t"7'\ 8 .Mercantile 100 Chle. & Kor.Fao 100 11»« Nash. A Decatur. .. 2! Wheel. &L. E 100 25\ 261s .Metropolitan, .. ..100 Clue. B. 1. APac. 100 81'. 82it Nashua A Lowell. .lOi 204^ 207" do pref.100 esis 69% .Vassau 100 C.6t.P.M.&O.,Coml00 5281 53 Naugatuek IC i247 WU. Columbia A A.l 00 103 N. Y. Guar. A Ind.lOO do pref.lOO 118>4 120 N'squehouing Vairy5<' r 53 Wilmington & Nor.. 50 N.Y. Life A Trust. 100 cue. & West Sticli.lOO 4G>s 47 New H'n A North.. lot <33>f WUm. A Weldon, 7.100 lis' N.Y.Seourlty A Tr. 100 195 iOO Cln. Earn. & Day. 100 127 >» .31 New London Nor.. 10* 160 Winona A So.WestlOO Peoples'. BrooklvulOO 275 Clnc.N.O.A T.Pac.lOO 55 60 N.Y.Cent.&H.Elv.lOi. 110 II014 Wisconsin Cent. ColOO I6I4 17 Real Estate L.&"T. 100 155 158" Cln. Sand. & C.pt. 50 5S 59 N Y.Ch.A8t.L.newl00 16% 171, ao Pref.lOO 481s 43 State 100 200 201 Clncln. A Spring 31* 10 do Ist pref.lOO 72 60 Wor.Nash.A Rooh.lOO li9% 130 Union 100 700 750 Clevel. AJt. & Col. 100 t 29 do 2d pref.lOO 34 39 COAL & MINING United States 100 8s0 90O 6ii CleTe. lit Canton.. 100 N. Y. A Harlem 5C STOCKS, N.Y. Washington. 100 177 130 do pref.lOO 191* N.Y.Lack.AWe8t...l00 .1. American Cual 25 £5 THSC'l,I.ANEOtlS CleT. C. C. & St. L.lOO 641* 65 N.Y.L.ErieA West. 100 16*8! 26^6 Cameron Ir.ACoallOO % II4 STOCKS. do pref.lOO do Pref.lOO 621s 63 Colorado Coal A 1. 100 42'8 43 ig Adams Express. ..100 C1.4Pltt.,gnar.,7. 50 ISti N.Y. A N.England. 100 461s 46i« Colorado Fuel 100 97 101 Am. Bank Note Co.. 50 Col. & Green. .piei.lOO 9 15 do Pref.lOO 91 92 do Pref.. 100 108 110 Am. Cotton Oil 100 2SI4 Col. H.Val.&Tol.lOO 29 N.Y.N H.AHartf.lOO 243 24S Col. AHock.C. & 1. 100 do pref.lOO Pref 71 76 S.Y.ANorth.,com.lOO Consol.Coalof Md.lOO 27 30 American Expres.lOO CoL&Xen,,gu.,fc% 50 180 182i« do pref.lOO 1914 19% Homestake Mln'g.lOO 14 15 Amer.Sug.Ref,Co Con. & Montreal— N.Y. Ont. A West.. 100 19 I9a« jLebigh 20 25 pref A WUkesb.Coal do I a.I(B.C.&M.pf.lOO 130 133 * 23 Toll. N.Y.Pa.&O »h IMaryland Coal 100 25 American Co.lOO, ; Class IV. (Cone.)lOO 161 ij 162 do pref % 1 iMluLesota Iron.. ..100 74 do pref Con.&Port8.,gu.,7 100 leO 185 N. Y. Phil. A Norf.lOO iNew Central Coal .100 10 12 Asplnwall Land 10 « Conn. & Paeeump.lOO 12iis 122% N.Y. Prov. ABost.lOO Ontario Sil. Mln'g.lOO S9 40 Boston Land lo'» 2i7 Connecticut Elver! 00 N.Y.Susq.A West'ulOO 18»s 18% Pennsylvania Coal. 50 280 Boston Water Power. . !» Cons, of Vt, pref 100 42I9 43 do Pref.lOO 65 68 Quicksilver Mln'g.lOO 3 4 Bruokllne (Ma8s.)L'd5'« Cnrrent Elver It 71. 15 N. News A Jllss.Val.Co 12 15 do pref.lOO 18 21 Brunswick Co 100 Danbury i >'orw*lj£.50 « 602 62 Norf. A Sou 100 55 61 Tenn.CoalAIronColOO 38 39 Canton Co. (Bait.). 100 Day. A Mien., gn.. 50 75 751* Noci.A West,, com. 100 11 Ills do pref.lOO 100 105 C. J. R'y's U. St'k Yds do pf.,gu.,8.50 175 do pref.lOO 40=8 ELECTKIC do Pref 100 Del. A Bound Br'klOO North Carolina 100 LIGHT, fccPar Bii. Ask. aiaflinCo 100 Delaware A Hud. .100 iB4la 85I4 135% No. Pennsylvania. .50 1 Brush, Bait., pref.lOu 85 dolstpref.non-c.lOO Del. Lack. A West. 50 153H 154 Northern Central... 5ft - 65 (51* Commou 100 4U do2d pref.non c.lOOi Del. ANewEng...l0O Northeastern 50 I 48 50 Con. Elec. Storage 3 4 Con. Kan. C.S. A R.,25 17 Deuv. A Eio 6r....lO(i 1» 17% tJortlernN. H 100 158 •« leo Edison 111. Co. of N.Y 104 105 Det. Uii. D. A Si'n.iOO =6 do pref.lOO 5:: 52% North'u Pao., com .100 19 19>s ' Bklyn as 105 Dist. AC. Feed. Co.lOO DesM. AFt. b'gelOO 8 9 do Pref.lOO Si's 52 " " Boston 125 150 East Boscon Laud do pref.lOO 20 30 Norw.A Worcester.luo 1791* 179"« Edis'nPhon.ToyMf.Co. 20c 30c. Frenchman's Bay Ld. Det. Bay City & A.lOO Ogd. & L. Champ. 100 7 9 Ft. Wayne Elec. Co.. 25 s 12'* Bridge.lOO 88i< 12% Henderson Det. Hills. A 8. W.IOO 89 Ohio A Miss 100 23 2311 Gtn. Electric Co.. .100 118% U8is Olinois Steel 100 Det. Lan. A Kortli.ioo 6 10 do Pref.lOO 118 '27" "36"' do pref.lOO 120 trou Steamboat... 100 do pref.lOO 30 32 Ohio Southern 100 N. Y. Phonograph Co. 2 4 Keeley Motor 50 Dnlnth B. S Atl.lOO 12% A IS Old Colony 100 180 180H North Amer. Phon. Co. 5 7 Lamsou Store 8er. .50 • .- , 31I2 do pref. 100 SO Om.ASt. L 100 Thom.-H. 68c. Ser.C.lo s 8^8 9 Lehigh Coal ANav. 5U » 5318 E. Tenn. Va. AGa.lOO 4% 514 do. pref 100 do do Ser.D 8 7'a 8 Manh'tt'D B'oh Co.lOO do l8t pref.lOO 3'^ 35 Oreg. K'yANav.. 100 74 79 Thom.-H. Intemat. 100 242 250 Maverick Land 10 2d pref.. IQit do 100 IIH Or. g.L. AUtah N.lOO 23 24 do pref.. 100 105 108 Meiropol. Trac t'n.. 100 East Pennsylvania. 60 60 Pennsylvania 5514 78I4 RK. .50 ( 65% Thorn. Welding Co.lOO 50 60 Mex. Nat. 'Joustruet'n Bastem in K. H...100 781s Penn. A Northwest. 50 61 do Europ.W.Co.lOO 10 ID'S [Morris Can.,KU. 4.100 EUz. Lex. A Big 8.100 Pensacola A Atiun.lOO 8. Illummat.Co.lOO pf.,KU.10.1tK) ElmlraA '56" O. 45 do W'msp't. 5o t'is' Peoria Deo. A Ev.-lOO 18 "iSis West. El. L. Cousol.50| < 35 3d Mt.Des. AE.S.Land.S. do Pref 50 60 Peo. A Eastern.... 100 9 14 Do pref 5y 8 49 50 ,Nat. Cordage Evansville A T. H..50 146 150 Petersburg 100 106 107 1* < •Price nominal. " { Purchaser aUo pays accrued Interest, L» Quotations doUara per share. e In Loudon.. 1 t , . QcsoiiEB 15, 1692.] THE CHRONICLE. 835 QBMERAL QU0rA.TI0.V3 OF STOCKS A^fD B0KD3—Cosolodid. For BxpUnrntloD aea Note* >t Head of Pint Pace or Quotation*. MiaCCLLANKOCSST'KS. Bid. tfAHCrxCT'o STOCKS. Bid. Ask. BAjnc Btocks. Bid. Aak. IjtIOKANCB BTOCKt. Bid. I Ajk .11 WbIId FHrco Exp. IW in 148 Stafford (Full Rlv.llOO Drovrn' National Tradesio«n'l tO 100 WcHt IIikI Ijiiid (BoHt.) I 17 17>4 {8UirkMlll.t(N.ir.)10OO 1220 Mnit National 100 United Bute* Nat.100 310 336 Wtv.1'11 i:ii;ou«Ctf I'o. 4 Tecuroscli (K. R.)..I00 Fort Dearborn Mat Western Natlonal.lOO 111 i'nionidtke(Mnss.)1000 (*|olie .Vatlonal We*t8lde 100 873 flININn STOCKSi TreinontA-<.(.MaM)100 Ill »JaT^jo 100 10 City 100 90 Mutual National . 1 00 Third National 100 3«ortli Belle Isle •10 Uolnmblan 100 t07ia Now Orleans Nat.. 100 San Fraiiclifco. OpWr 10 2-80 Commerce 100 128 People's 50 Anclo-Californlan Oriental A Miller..., •48 •08 Commercial 10" 98 Bonthern NatlonallOO Bank of California Pliaem.\. of Arizona. Ciiiii'on w'lth (new) 1 00 138 Slate National 10<' First Nat'l God... 100 Flymoutli •50 'i-'c'o Contftiental 100 130 Traders' 100 London Paris A A •30 Koblnsou (702«ci. . . . 50 Eagle 100 100 S Union National . . . 100 137 London A San Fran... £ava«ie — 1^.:5 Ellott 100 136 Whitney National. 100 PaoiHo 6iernt 1^30 ini>< Nevada 100 Everett 100 I New York. Standurd 100 1^20 3-40 Excliance 100 137 America 100 INSIK ANCE Union L'onsol lOO 140 FaneuilHaU lOO 13S American Exoh'gelOO ^'^<»« KM. Utah First National 100 245 Bowery lOo New Vork. Yellow Jacket "i-ii First Ward 100 130 Broadway 25 Alliance 1000 70 eo Fourth National . . . 100 127 Batchers'&Drov6r8'2.'\ American ..50 110 140 BOSTON niMNG. Freeman's 100 100 1^ Central National .10< Bowery 25 85 80 (OetPage 62S.) Globe 100 100 Chase National lOo Broadway 24 129 185 Hamilton 100 117 ,Cn*tbam 25 Citizens' 20 107 110 BIANCPACT'INO. Hide A. Leather ... 100 127 Chemical lOt' Commonwealth ...100 70 80 Am.Uinn (F.Riv)..loo U2H Howard 100 111 City 100 Continental 100 240 250 Amorj- (>. U.) lOO 137 1371, LIucoln (new) 100 106 Citizen's 2.' Eagle 40 217 223 Amoskeai.' (N.H.) 1000, 2275 2280 Manufautnreis' ...100 102 Columbia , Empire City lOo 70 80 AndroBcog'n (.Me.). 100 150 160 Market 100 IW* Coiumeroe 100 ^00 Farragut. 50 80 100 Appletou (.Ma»8.).100>'! 625 640 Market (Brighton). 100 1>'3H Contlueutal 100 135 German- American 100 300 320 Atlantic (.Mass.)... 100! 85 90 .Massachusetts ....100 lOoi* Corn Exchange'. ..10i> Germania 50 170 180 Bamabv- (KallKlT.)...! 135 Mechanics' 100 1j7 Deposit 100 117 Globe 50 86 95 Barnaul Mfg. (F.K.).. 97 Merchants' 100 1471* East River 2.^ 155 Greenwich ....26 100 110 Bates (Mo.) 100 i'ii'i 165 Metropolitan loO 101 Eleventh Ward 25 Hamilton... 15 76 90 Boort Cor.(.Ma8S.)1000 1350 1355 .Monument 100 250 Fifth Avenue l(Ki Ilauover... 5" 130 140 Border City Mfg. (F.R.) UO Mt. Vernon 100 137 Fifth National.... :43S Home 100 140 145 Boston Co.(.Mas8.)1000 i'i2b 1125 New England 100 160 i Chaoe (Fall Kiver) . 100 111 Old Boston 100 116>> Fourth National.. 100 207 i«i Nassau (Brooklyn). 50 140 145 Chlcopee (Mass.). .100 99 >• 101 People's lOO 161 GaUatin National ..50' National 37>« 60 70 Cocheco (N.H.) 500 400 Redemption 100 130 OarHeld loO; IJNiagara 50 145 150 Collins Anierioan..75 Co. (Conn.) 100 2"4"' Repiibllo 100 160 lierman North River 25 70 75 Continental (Me.). 100 23ii Revere lOo 103 German ExchaugelOO| 330 iPacmo 25 135 140 Cres't Mills (F.R.).IOO 321a Rockland 100 157 Germania ..loO Peter Cooper 20 130 140 Crystal 8i>r. Kl. (F.K.) Second National. . . 100 194>* Greenwich .... 25 Pheuix (B'klyn). ...50 150 155 Davol .Mills (F.R.).loo «5 97 Security 100 Hanover lOO Rutgers 25 115 125 Dwlglit (.Ma.sa )....500 8y7»« 900 ihawmut 100 Hide A Leather Stuyve8»ut 25 80 95 Edwaids (Me.) ...100 114 116 Shoe A Leather... 100 Hudson River lOo United States 25 125 140 Everett (Ma,SP.)..New 88>> •JO South End 100 Importers' A Tr...lOO 'Westchester .... 10 170 175 FUnt Mills (F.K.).100 109 112 State loo Irving 50 WUaamsburg j: Cliy..50 315 330 Fraultlln (.Me.) loo 102>4 104 Suffolk 100 Liaiber Manufts-.lOO Gl'beY..Milla(F.R.)100 118 120 TDlrd National ....100 Liberty !n.lRINE INSUB- Granite(F K.) 100 240 Traders' 100 Lincoln 100 410 ANOU !»CUIP. Great Falls (N.H.). loo 118 US'* Tremout lOO Ma.ili HIU (Me.) 100 60 66 Webster loo .Mechanics' 25 1890 104 I 105 Holvoke W.Fower 100 Winthrop 100 iHechanios' A Tr 25 ! 1891 105 lies Jack. KlngPUllip(F.K.).luO 124 Bedford 100 Merchauts* ..So tlComm'cl Mm. 1873.82 I 5 I*coula (.Me.) 400! 651 652 >i Broadway 100 Merchants' Exch'e.SO Lauoast'rM.(N.H.)100' 675 690 Brooklyn 100 .Metropolitan lOO PBIOES OP EXCHANOB li'relLake -Mills (F.K.)i 109 City National 50 .M etropoUa 100 laEMBEKSHiPS. lawrence (Mas8.)..l00| 170H 171 (Commercial 60 .Mount Morris 100 I. Lowell (.Mass.) O'JOl 605 070 Fifth Avenue 100 .Murray UiU 50 !N. Y. Stock $2o.(X)o aak. ; Lowell lilea<:hery.lOO 112 1121* First National 100 Nassau 50 Last sale 19,000 liOWeUMHcli.Shop.500 6S2>9 685 Fulton 40 New York 100 237 N.Y.ConsoLSt'k A Pet. 175b. 200a. LymauM. (Mass.). 100 75 75J< Hamilton 100 New York Coanty.lOO Lsst sale. Got. 7 200 Wanche«ler(S.U.) ICO 138 138-4 Kings County 100 1.^3 N.Y.Nat.Excri'ngelOo 137 N. Y. Produce 800 ask. Mass. Cotton 1 000 1050 1055 Long Island 100 142 Ninth National 100 125 Last sale. Out. 10 750 MeohatUes' (F. R.) 100 98 Manutacturera 30 225 Nineteenth Ward. 100 N. Y. Coiton 600b. 650a. Mercbant.-i' (F.K.) 100 124 Mechanics' 50 North Amerioa 70 Last sale, Oct. 6 600 Mfrrliijack(Mass)1000 1145 1150 Mechanics' A Traders' Oriental 25 N. Y.CotToe 175b. 235s. BUddlese.x (Mass.). 100 145 147 Sassau 100 Paolflo 50 Last sale. Sept. 20. . 20O Nashua (\. H.)....500 535 540 North Side 100 Park. ..,_^._... 100 326 N.Y. Metal Mauiukeag (Mass.) 100 113>« 114 Seventeenth Ward. loO 170 People's v5 325 Last sale 35 Kewinark'jt 500 320 325 iprague ...100 Phenix 20 B'l Est. Ex. A Auc B'm 925" Osboru MiUs(F.R.)lOo; 111 26th Ward 100 Produce EichangelOO Last sale Pacitlc (Mass.). ..1000 1760 17S5 ffaUabout 100 R"Publio 100 Boston Stock 18,000 bid. PeppereU (Mc.) 500 1050 1200 Cblcago. Seaboard lOOJ 173 Last sale, Oct. I... 18,000 Pocasset (P\R.)...100 109 American Exch. Nat.. Second National. . . 100 325 PhUadelphla Stock. . KiclL Bord'n (P.R.)100 104 106 Vtlas National iSorentli National .lOO 125 Lastsale , 2,503 Bobeton (F. Riv.)1000 Clieniioal National Shoe A Leather ...100 152 166 Ohio. Board of Trade Bagauiore (F.Klv.).lOO 122 Chicago Nat 100 St. Nicholas 100 130 i Lastsale 1,050 BalmonFaUsiN.a.)300 230 235 Comiuerelal Nat. . . 100 State of N. Y 100 115 i"20' Chicago SMok SboTe (Fall KiT.)..100 110 Jem Exchange... Soatheru Nat ' Lastsale, OoU 6...^ 1,000 Btode (FaU Riv )..100 60 Coutlneiilal Nat. 100 Third National. ...lOfl! 107 PIttob. Pet.St'kABfet. ' PtIcm DomluaL tBoatanbtkakqaotaUonaareaUez-dlTldeiid. « Price p«r sharo—not p«r o 636 THE CHRONICLE. [Vol LV. Lalett £amin(w Beporlea. Jan. 1 to Iiatt$t Dolt, IttXTjestmetit BoAsa Week or Mo 1892. 1891. 1892. 1891. AMD I Great North'n— §,mlvoK& %nUlliQzncz. St P. M. A M. Septemb'r. 1,413,808 1 ,302,276 3,958,347 East, Minn. 7,231,578 of Septemb'r. 125,6071 158,179 831,375 728,934 Montana Cent. Septemb'r. 111,3201 106,404 853.374 Tot. system. 940,968 Septemb'r. 1,650,735 1 ,566,859 10,643,095 8,901,480. The Investors' Supplement, a pamphlet of 150 pages G.BayW.&St. P.lse itemb'r. 43,964 33,274 Hoos.Tun.A Will ouniaitis extended tables of the Stocks and Bonds of Rail- July 3,426 1,724 21,631 13,274 Humest'nASben ' Septoin'b'r 14.000 17,335 103.700 Hutch.ASoutb'u 122,084 roads, and other Companies, with remarks and statistics eon- Septemb'r! 10.823 8,166 71.930 55,543 lUiuoisCentr'l. July.iniv 1,468.380 ,501,856 10,584,527 eeming the income, financial status, etc, of each Company. Ind.Dec.AWest 10,063.149 Septemb'r. 50.513 43.103 363,833 356,817 In. AOt.North'n It it published on the last Saturday of every other month— Ithwk Sep. 140.822 137,772 2,690,934 2,738.494 llnteroo. (Mex.) WkSep. 17 33.862 July, WW,, January, March, May, September and November, Iowa CentrtH... IstwkOet. 46.382 39.695 1,426,7,57 1,2"84,364 Iron Railway.. Septemb'r. 3,531 and is furnished urithout extra charge to all regular sub- 2,705 25.982 25,642 J'k'nv.T.AK.W July 40,151 39,826 506,863 489,322 leribers of the Chronicle. KanawhaAMieb IstwkOet. 6,699 6,566 282,893 241,489' Kan.C. Cl.ASp 3,1 wk Sep. 5,812 The General Quotations of Stocks and Bonds, occupying 5,848 225,710 218,568 K.C.F.B.AMem 3d wk Sep. 92.752 95.187 3,481,866 3,233,40* K.C.Mera. ABir. eix pages of the Chronicle, are published on the tlitrd 4tliwkSep. 29,915 31,323 787.278 829,434 Kan.C.WyAN.W August 33,000 24,733 215,390 183,281 SaturdBF of each month. Keokuk A West. 4thwk Sep. 11,347 13,715 2,89,919 80 298,.907 L. Erie All. A Septemb'r. 7.044 6.455 59,497 53.051 L. Erie A West , IstwkOet. 77,832 66,116 2,666,513 2,429,430 RAILROAD EARNINGS. Lehigh* Hud.. Septemb'r. 43.310 37.618 333,301 312,551 Lehigh Valley.. July. 1,723,652 ,586,155 L. Rook A Mem. 2d wk Sep. 7,656 15,191 372,755 439,015 Latett I!am%ng$ Reported Jan, 1 (o Itotett DaU. Island KOJlSS. Long — IstwkOet. 97,477 93,714 3,447,474 3,314,403^ Louis.* Mo. Kiv. WeekorUo 1892. 1891. 1892. 1891. July.. 38,910 42.053 243.950 233,040 Loule.Ev.ASt.L IstwkOet. 40.827 .37,813 1,096.087 1,161,146 LouiST.ANaahv. * S 3 LstwkOct 441,785 432,475 16,251,579 15,104,779- Louis.N.AACh. IstwkOet. 67,829 57.276 AU«cb*ny Yai.. Aiigu.rt 229,667 244, 673 959! 1, 2,504.521 2,161.932 I 633,818 1,684, LoulsT.N.O.AT. 55,788 Atth.T.&6.T6.. 4tliiwk Sep. 1,059,143 1,002,,127 25,742, 91223,,984.847 4th wkMay 72.337 1,423,762 1,483.424 Lou.St.L.ATex. IstwkOet. 14,259 10,150 Halt owned . . 4tliwk Sep. 49,886 48; 734 1,331,,6211 1, 248.131 488,738 383,46a Total system. IstwkOet. 807,834 Maiilstlqne Septemb'r. 665 5,105 79,828 104,833 769,,837 27,882:.367 26, 002,817 Nor, Ga. BCX.&BanF.. Sep. 253,973 Mar. A August 21,044 4tliwk 228, 026 5,239, 132 919,650 MemphlsAOlia.^ Baltowved.. itawk Sep. 48,958 921 1,304, 222,404 ItbwkSep. 43,297 45.565 1.035 ,382 ,143,810 47, 419 (Mexican Cent... Tot.8.L.&8.F. letwkOct. 218,589 196, IstwkOet. 148,275 124.474 5,869 .163 ,368,003: ,613 6,762,,140 338,667 (Mex. National Agg. total .. IstwkOot. 1,026,423 966: 450 IstwkOot 93,614 70,518 3,3.^4 ,549 .173,457 34,644,.508 341,483 K'wa:s AtlantaACliar.- July 51,288 67: 613 tMexican Wk Oct. 1 47,000 63,504 2.26.5,.368 .038,780 405,.724 467,779 Milwaukee A No Atlanta &Flor'a Septemb'r. 9.649 10,517 IstwkOet 34,688 35.970 1.269 ,208 ,289.911 MiueralRange.. 11,039 Atlanta &W. Ft. August 30,436 32, 789 271,,078 283,395 8epteml>'r. 14,106 98,.403 106.937 Miuneap. ASl.L,. B.&0.£aBtLiDee August 1,818,562 1,892,,019 12,654,,776 12.374,300 Septemb'r. 170,054 200,760 1,430,,023 .248.793: M.St.P. A8.S.M. WMtem Lines August 526,460 480,,140 Septemb'r. 262,477 265,530 2,202 .999 .668,607 3,918 345 3,582,791 Mo.Kan.ATex. Total August 2,345,023 2,372, 159 16,573, 121 15,957,091 IstwkOet, 230,488 259.636 7,101 ,646 98-i.l3T Mo.Pac.AIronM 594,000 Bai.AO.Bouthir letwkOct. 56,32^ 53, 872 2,016,,.594 1,869,741 IstwkOot. 551.000 20,475,,000 .755.00O- Mobile A Oh 10.. 272,741 BatbAHam'iiai' August 2,853 2, 633 Sept«mb'r. 277.075 2,411 ,170 489.612 Nasb.CU.AStl^.. 448.127 479,95.5 Blr. A Atlantic. Beptemb'r. 3,369 4, 084 30, 703 38,087 August 3,80- ,877 .372,071 N.Jersey AN. 'i'. 31.829 Bir.Sh.ATenn.K July 20,721 19, 178 131, 197 111,472 July 27.907 175 ,183 158.335 Brooklyn Ele v.. 4thwkSep. 45,511 629 New Orl. A So'u Se [Itemb'r. 11,256 13.583 96:.773 122,973 41, 1,372, 640 ,295,109 yjS.Y.C.AH.K. BnO.Rooli.ArPitt IstwkOet. 55,558 63, 439 2.409,448 .125,459 Septemb r. 4,212,115 ,128.055 33,391 ,603 ,998,431 8. \-. L. E. A W Bnr.C.Kap.&N. Septemb'r. 437,400 426, 874 3,046,,868 ,637,895 August 2,677,501 1,946.268 20,255,,363 550.584 Oamdcn &Atl.. August 174,796 N. Y. Pa. A Ohiti July 605,358 690.264 3,992,.043 .833.092- 157, 731 605, 761 582,202 Y.AN.Eng.. OanadlanPacltlc IstwkOot. 453,000 441, 000 15,747, 972 723,700 N. June 2,906,,004 .918,416 N. Y.ANorth'u. si'.o'es Oar.Cum.G&Ch. July 1,258 3, 724 17, 353 25.577 Septemb'r. 47.388 412 ,966 380.771 Y. Out. AW.. 60,943 Car. Midland... Septemb'r. 7,850 6, 340 44. 991 44.551 K. IstwkOet. 59.336 2,670,,253 ,315,56T Central of Ga... June 544,928 N.Y.Su.-q.A W. August 162,557 149,743 1.113 ,127 060,4-ZS Boutb'n. Central of N. J.. August 1,311,844 1,305,042 9,293,773 9,144.838 Norf. A August 31,420 '•Z>i>i.,776 Central Pacific.. July 1,370,059 1,505,268 8,164,579 9.174,965 NorfolkAWest.. IstwkOot. 223,956 199'.4di 7,384,,362 6,846',253: Central of 8.C.. July 7,397 6,950 57,393 67.229 N'the»et'n(8. f.i July 34,953 41,.527 398 ,872 464,485 Char.Cin.AChlc Septemb'r. 10,742 13,737 99,957 113.366 North'nCeutrai. August 653.200 612,108 4,569 ,366 4,363,905 Oliarlest'rj & eav August 32,655 41,545 418,979 507.592 Noriheru Facibc IstwkOet 686.046 674.155 18,156,,865 18.111.74» Char.BuiB.&No. Septemb'r. 13.051 15,584 101.288 83,184 WU. Ct. Liues. IstwkOet 123,740 116,90(1 4,395,,253 3.911,841 Oheraw. At Karl Mv 4,978 6,215 43,364 59,066 N.P.A W.Cent. IstwkOet, 810,386 75)1.055! 2U,5t2,,118 22.023,586- Clieraw.&BaUsb JTOv 850 1,386 10,572 13,948 GhioAMIss IstwkOet, 111,236 107,2951 3,211,,368 3,219,406. Cbes. AOliio.... IstwkOet. 185,894 216,168 7,208,106 6.920,050 ObioKiver IthwkBep 21.125 19,022 549,,606 506,522 Ohes.O. «[8. W Septemb'r. 205,606 210,221 1.602.522 1,699,661 Ohio Southern.. Septemb'r. 58,792 56.309 463,,686 416,031 Chlo. Bnr. <^ No. Ausust 230,464 187,657 1.352,888 1.318.622 Omaha A St. L.. August 51,910 44,297 374,,424 307,180- CWo. Burl. * y. August 3,720,196 3,161,840 25.171,172 20,692,921 Oregon Imp. Co August 393,000 442,035 2,5SS,,581 2,678,011 Ohio.A East. 111. IstwkOet. 106,900 93.000 3,087,681 2.852,724 Pennsylvauia .. August 6,226,60 1,212,375 44,500,,731 13,367.668 Cluoa*;o 561.880 4.-- 8,241 8t.L.A.AT.H.H'p IstwkOet. 35,630 31,.'ilO 1,113 1.055,760 0LC1n.Ci). OIOBKK IS, 1H03. THE CHRONICLE. 697 Latett XamtnuB Bfjiorletl. Jan. 1 lo lAttrit DriU. BUAUII. 4iA wmAc of .Itpt'mher. 18!<3. 1391. li%fre'ur. 0-j:r4!Ut, Wr*k or ito 1H92. 1891. 1892. i)«ai. ~i • I $ $ t Kan. Olty Mam. A Blria. 39.915 31,S3il l.VH Tol. CoL AC'tn. NtwkOct. 6,133 6,676 261,A<4A 257.267 Keokuk. It Weitwrn 11.317 11.718 Tnl.AOhloOiit Ut wk Ool 38,563 2.>4,306 1,217.333 1,104.752 M 'Diphit Aciiarlestoa... 48.397 48,-.«J 3,732 Tiil.AO.Ccii.Kxl . West .I«ri>pj. . .\MCllKt 266,066 227,195 1,180, 275 ,120,770 the issue of Ootobor 23. W.V.Cf ii.A- !-|tt!« ^t>;'ti'mb'r. 96,3<)2 94,536 817, 977 Kt2.J(]4 Wi'Stfra of .Mil v.iMifti. ..: 39,410 39,430 303, 331 312,339 —Orott Xaming:—> -—Ifel E»rniH§$.~— Wpit. V.Y. Al'.i Ithwkeep. 102,300 101.300 2,577,,966 702,«U 1393. 1891. 1892. IMl. Went Va A I'llt.*. luly 30,143 21„574 166, 610 87.396 Jlivadf. S « • « WliN>l. A L. Krlr UtwkOct. 28.194 36,005 1,101,,55.S 978.080 CMe. A W. Mleh... a Ass. 193,164 170.869 81.37t »5.3*t Wil. Ci.l. A Auir. July 47,705 86,788 461,,011 558.31T Jan. 1 to Aug. 31... 1,278,144 1,130,946 833,713 1.50,450 WrlKhtav.ATon. seiitemb'i 6,562 6,263 50,,078 64.389 'Jlovel. Can. A So. b . . Aug. 100,015 63.529 37,019 S1.9SI Jaa. 1 to Aug. 31... .SO 1.880 • Fiifurei •over only that part of mtl(>Ai;i.- loostfid lu Soatk C«roltn». 458,241 202.305 160.385 1 tKnriilijK^ kIvi'U arc on wholp JackRonvllle SoutheantorD System. July to Ang. 31... 183,700 144,202 69,065 »3,lll bKttUfu»Citj/t Puclfle tnoUuled In both .rcarn. d limludrn ivvrniTDti DM. Laaa. ANor...aAug. 126.406 130,116 47.916 52,1»» fri>ni /crrtc". etr., not frtvcn separately. tMuzloao eurreney. /Klgur«S Jan 1 to Aug. 31... 791,346 802,564 197,453 3»0,«7» ludude R«mc Waterton n A Ugdenaburg. niBt APere Mar.a..Ang. 223,434 239.553 64.560 fl4.7»0 Jan. 1 to Aug. 31... 1,908.467 1,935,757 839,790 819,393 Latest Uro8$ Earnings by The latest Weeks.— weekly Kaa.C. Mem. A B..aAag. 93,158 92.263 6,423 9,S9S earnings in the foregoing table are separately summed up aa Jan. 1 to Aue. 31... 692,322 731,933 46.219 89,090 follows: July 1 to Aug. 31... 167,481 172.368 d8f.6,91l 3,f>4 For the 1st week of October returns have been furnished Maxlcau National... Ang. 444.700 346.683 * 177.85* •9H,2S« thus far by 50 loads, and these show 4'30 per cent gain in Jan. 1 to Aug. 31... 2,326.193 2,750,131 •970,428 •74T,03« the aggregate. Ohio KiTer.b Aug. 90,500 65,069 46,634 S3.43t Jan. 1 to Aug. 31... 469,006 431,231 188,770 1»3,0»T aa Fran.AN.Pao.aSept. 89.776 93,126 40.516 44,13a l«i wmJi of Oelobtr. 1892. 1891. Increase. Deereate. Jan. 1 to Sept. 30... 648,871 6*2.278 310,610 t3».0 Toledo A Ohio Central . . 38,563 28,306 10.257 Toledo 81. 1... Jt Kau.Clty. 46,289 41,069 5,220 «13,816.t8S Waba.h 327,000 293,000 32,000 From which there was applied : Wheeling A Lake Erie ... 28,194 26,005 2,189 For dividends $4,809,689 " on bonds 890,833 Total <50 roads) 7,136,038 6,848,724 391,257 103,393 Interest " siukiag funds appropriations 39,991 Net iiiorease (1-20 p. c.) 237.364 ^——^^ 8,340,161 Our final Btatement for the fourth week of September covers Dedaatlng which leave* surplos June 30, 1892, of J13,57«.137 T7 roads and shows 4*07 per cent gain in the aggregate. There was an increase in gross revenues over the previous year of |672,078 and a reduction in gross expenses of $130,834 vek Meplember. 1892. Inerecue. Deereat* '• 4M of 1891 But the latter item is somewhat misleading, since there was Atlantio S S i * a reduction in the cost of repairs of the Oulf aud Total i49 roadrt) 9,383,187 9,404,212 554,099 75,124 cables below that of the pravioui year of about $350,003, Chloafio A<}raud Tran«.. 78.247 70,841 2,406 leaving: an increase of expenses for the maintenance aad Chic. 8t. P. A Kan. City.. 157.057 147,472 9,585 lines .and inland cables of about $330,000, an. N. 0. A Tex.Pao.5 rda 259.534 284,023 34.439 operation of land Cleveland Akron A Col... 26,505 23.918 2,587 being about 83 ^^ per cent of the increased earnings of the deve. Cm. Chio. .* Bt. L.. 448,607 415,010 33,597 land lines in the transmission of mes8a-.?e8. The increase in Peoria A Kasteru 58,.506 836 ., 65,670 current expenses consistri of an increase in the taxes paid in Detroit (ir. H. 2,310 * Milw... 28.769 26,45» reiniin- EastTeiin. Ta. A Ua 197.909 225.188 27,279 all the Stites of ab >ut $83,000, and almost the entire Fllut A Pere Marquette.. 75,338 77,682 3,344 der, about $145,000, in salaries paid chiefly to clerks and oper- Brand Kaplds .£ Indiana. 71.493 69,662 1,833 ...... ators, wages to linemen and less skilled laborers, and pay- CluciuuatiH. AFt.W.. 14,521 14.111 380 for service. The total amount of the salar- Otherlines ,. 7,373 6.520 853 ments messenger of latern'l A Qt. North'n ... 140,322 137,773 3,050 ies paid is nearly ten millions of dollars, about 60 per cent » • • • Kanawha A Miuhigan. . . 9.635 9,554 81 the entire expenses." . 638 THE CHRONICLE. lYOL. LV. "la a business more thaa half the cost of conducting Chicago St. Paul & Kansas City Railiray. at more than double which is in salaries and wages, and that fFor the year ending June 30, ISOS.^l the rate paid for like service on the <5ther side of the Atlantic, There are no remarks in the annual report. The comparative it is remarkable that whilst their telegraph systems are show- tables following have been compiled for the Chronicle - ing deficits, this company is enabled lo exhibit fair profits at OrERATIOSS. rates for service to the pubftc approximately the same for dis- 1888-S9. 1889-90. 1890-91. of 500 miles and under, and very much lower for long- 1991-32. tances Av. miles opernted.. 750 815 837 922 er distances, than those charged by any two or more combined Passengers carried. 1.153,168 1,217,175 * » *" 1.189,713 1.164.78^ systems of the old world. * Passenger mileage.. 27.75'<,311 42,081,253 43.970.824 45,451.14& Rate per pass, 2-23 c. 2-02 o 2-20 2-19 " The average tolls collected were 31-6 cents per message, as p m. c. e. Tons carried 935,479 1,483,238 1,388.633 1,537,861 3'2-5 average cost of the against the previous year, and the Tonnage mileage... 197.258,830 423,789,894 391.436.813 459.7.'59.903 23-3 service was 23-3 cents per message, as against the previous Kate per ton p. m.. -95 0, -72 0. -79 0. -60 c. year, showing a reduction of nine mills per message in the EARNINGS, EXPENSES AXD CHARGES. tolls collected, and precisely the same reduction in the coat of 1888-89. 1889-SO. 1890-91. 183192. * « » the servrce. « Earnin^js— S $ $ Passengers been added to the plant during the year 1,595 688,962 936,959 1,040.833 1.102.858 "There have Freight 1,871,453 3.046,698 3,077,738 3,667.921 mUes of new and additional poles, 23,514 miles of new and Mall, express, Ac. 217,570 248,007 212,280 258,961 additional wire, and 002 additional offices, which have been paid for out of earnings and charged to construction and new Total earniuae. 2.777,985 4.225,665 1.360,851 5.0J4.74O Op. eip. and taxes 2,140,080 3,265,885 3.378,340 S,761,67T property account. All reconstructions, renewals of wires and cables (though a line of poles capable of carrying; 13 wires may Net earnings.. 637,905 950,780 982,511 1,260,08» be replaced by a line capable of carrying 24 wires) are charged Deduct— Interest - 871.879 *54..'i90 *92,276 before profits are brought down. to current expenses Eentals 235,825 296,235 355,291 Nothing is charged to construction and new property except what is absolutely new and additional. No expenditures for Total 1,108,701 350,S2S 447,567 605,854 renewals of old properties or betterments enter into this Balance def.470,799 Bur.C03,955 sur.534,94i sur.a54,2<» account." » » • •< The total amount expended in con- * This interest is on the three-year notes, 5por cent priority loan aad struction and new property, and paid for out of surplus earn- collateral notes, ings during the year, was $1,287,158, of which about $350,000 QENESAL liALAKCB gHBBT JUKE 30. was for the purchase of the ground and the erection of the 1890. 1891. 1892. new building annexed to our main building in New York X»»(!(S— S $ $ Cost of road and termin»l8 .... 42.143.790 42.898.S81 City." 43,287.023 Cost of rqulpment . 2,017,003 2.017,003 2,017,003 Since Ihe expiration of the fiscal year a meeting of stock- Leased equipment 1,524,540 1,742,429 holders has been called for October 25th inst. to vote on the Ace'ts re'able, fuel, &o , on hand. 469,323 638.057 695.029 question of authorizing an increase of §13,800,000 in the cap- Cash 252,797 40.249 ) 3.054 Funded interest on Ist mortgage.. 9i 1.050 1,882.100 2.823.150 ital stock of the companr, making the aggregate capital stock Funded interest on general mort. 442,261 438.365 438,365 ?100,000,000. Of this Dr. Green remarks: "The charter of General mortgag* 4i, owned 5,214,000 the company stipulates that 'the lines shall be extended Expenses of funding scheme 54.898 82,723 108,192 Balance of income account from the sale of capital stock and not otherwise,' and the law does not permit the sale of capital stock at less than its par Total 46,321,125 54.735,920 51,124,244: value. The only method, therefore, of compliance with both lAabilities— the charter of the company and the General Statutes i» to Stock 14,892,900 14,892,900 14,8>2,90O expend a portion of the net earningj which belong to the Bonds & notes (see 8nppLEua.Nr)30,108,750 36,284,670 31,764,850 stockholders in the extension of the lines and addition of Equipment worrants 1,524.510 1,723.431 Coupons 6,565 11,72.-1 4.425 /wires and other telegraph properties, and give the sharehold- Vouchers, pay-rolls, OcTODen 15, 1892.] THE CHRONICLR 639 Biiltimore \- OIilo Sontliwe»lprii.—At Cincinnati, O., Oct. Pii|[,ADKi.i-iirA * ItRAiiixo Railroad.—An ad1lttl011.1l «l,gOl.r>00 general 18, ihtf nnuiml luectinK of the nnltim?(a & Ohio .Southwestern niortgaxo hmida. maklDK the ^>tal suouot llsieil ato.372.<>oo KVANSVILLK A TtBRK n*irTK R t I1.RI>AI>.-A Rsilrond ? 640 THE CHRONICLE. [Vol. LV. %Ut '<^omm!txtml ^imts. COTTON. - Friday. P. M., Ootobaor 14. 1892. Thk Movkment of the Crop, as indicatea bv our telegram* COMMERCIAL EPITOME. from the South to-night, is given below. For the week ending this evening the total receipts have reached 2'i9. ;3 < b»ieM, 1892. Feidat Night, Oct. 14, against 191,120 bales last week and 140,993 bates ttie previous A mid-week holiday and numerous extensive public enter- week, making the total receipts since the 1st of Sept., 19«2, 857,220 bales, against 1,412,772 bales for the tainments in connection with the Columbian celebration have »»m« oeriod of 1891, showingadeoreasesince Sept. 1. 1892,of 5.";5.5i2 liaie". diTerted attention from business in our local market, and Sieeiptt at— Sat. Hon. r«««. We.fi. Tliuri ^•.I. Total. cperations have been somewhat restricted. The monthly bulletin of the United States Agricultural Department report- Glftlveston 10,129 13,474 10,968 8,264 9,582 9,834 r 2,251 BlPaao, &o... 4.fm ed better average condition for all crops than previously cal- 4.39S Stw Orleana... 6,468 10,206 19,393 4,689 11,097 8,<:3S C0.080 in trade circles, the effect of which has been to culated upon Mobile 3,081 2,246 3,533 1,594 1,297 HO-) 11,660 modify speculative feeling and create a weaker tone. The Florida... 210 240 oereal crojw continue to be moved toward the seaboard with SsTuinali 6,673 8,638 9,294 8,566 8,871 7,6 12 49,654 great freedom, but in some sections of the West a scarcity of Bransw'k, Ao. 10,876 10,876 Oliarleston 2,492 6,233 2,003 4,171 1,752 3,550 20,201 freight cars is complained of. The movement of the cotton Port Royal.Ao ...... continuation of the cholera in crop is also increasing. The Wilmington 2,158 2,548 1,986 1,661 1,095 420 9,868 Continental Europe still acts as an impediment to the re- W»8h'gton, <3alT08ton 3«,408 20,781 82,747 11,818 10,171 I07.SSS and Velasco, Ac... 1,910 l.MO 8,000 8.170 6,178 200 cases, 1891 crop, Ohio seed, 8 to He; also 800 bales New Orleaut. 18,4S1 7,103 25,554 6a.0S« 12,301 10.118 87,788 Havana, 65c. to $1 12J^, and 250 bales Sumatra, $2 60 to ?3 70. Mobile Straits tin has continued moderately active at advancing Saviuiuah 400 400 i8,588 prices, owing to stronger advices from abroad, and the close Bmuiwlok .... S,1S6 8,135 6,035 6.GSi was firm at 20-75@20-80c. Ingot copper has also advanced OliarleatoD .... 8,200 a.SOQ 10,781 7.8S1 18,832 but the close was quiet 11 at -850. for lake. Lead has been WUmlDjrtoD... 8.S0O 0,600 14.750 11,750 quiet and prices are unchanged, closing at 4-05c. for domes- Norfolk 8006 SOO e,20fl 11.112 SOO 11,112 /'8,"'0'» '8 quiet but o steady at $13 75@*14 60 for No 2 West Point... 7,08» 7,039 7.0S0 7,080 Refined petroleum is quiet H'portNws, and easier at 6c, in bbls., 3-50c' A( m bulk and 6-70C. in New York.. 16.10! 1,811 s.fiai 80.278 cases: crude in bbls. 5 -450.; in bulk 17,128 •0.612 895c.: naphtha, 5c. Crude Boston S,S3S 1 8,S31 0,427 1 0,12* certificates have been dull, clos- mat 52c. Baltimore. 1,«4S 3,6S5 6,226 1,710 7408 12,11* Spirits turpentine firm and higher at 30@30Uc' Kosma Phllsd«lp'a,Ao have contmued quiet but steady at $1 «1 -'•—•-- '"" -•' 20®-^'^ 27U '"»for •ommon to • • • '^ goodgoo<^ strain^. Wool is firm but qureT'nl^ Total »a,S77 «,4>S 1B,143 119,715 88.181 101,61S 4ttU but 8t«ady. we Total. ISM.... »».wt 12.360 S0,6T3 158,853 879,538 82,086 131.a»g ^19.80* . 1 1 «I 1 «I 1 1 Octobbr 15, 1892.) THE CHRONICLE. 641 In addition to above exports, our telegratug to-nif(ht alvo give uit tbe fulluwing amounte of cotton on Hhiplxiard, m t S 55?s 27? cleared, at the porta named. We add aiuiilar flgurea (or II «« = 12^ Mew York, which are prepared (or our gt>eoial uae by Meaar", Oatej, Yale A Lambert, 'ii Beaver Street, It mMllM n On SMpboard, not titartd—for m \m Ltavina OtI. 14 o«- dreat OtKer Omut- Stock Franet. Total. III •»•] •* •»• Britain. JPottiifn wiu. ! »» -I (few Orlfiant. . 11.880 13,395 11.310 416 36,831 f 9,089 0> QklTxiton. .. .. 37,904 6,618 4,684 7,4W5 56.601 60.466 BkTinnnh .... 9.000 Noae, 20,000 None. 39,000 65.118 Oh*rli«-toii. . .. 10.000 None. 16,500 500 26,900 37,424 la ."lODCS Mi)lili<> 1,500 None. None. None. 1,SOO i^.* 15,971 U.C. Hi Norfolk .^.l>oo None. 1,000 1,000 7,000 11.161) a: New York 8.400 100 3,780 None. 13,250 359.748 > > '.J .si OUier porta.... -.0,000 None. 8,000 None. 38,000 ; 8,420 5 -4-1 -'•ei 2 -I- it •boo Total 1889... 104,534 19.943 64,144 9,411 108,083 577,611 I • ; 14 I • I • ToUl 1891... 155,993 19,213 60,468 I4,0B6 249,770 <6i.8<)5 ^1 -. V -t-> -i-ie-i-1- I -io VBtal 1890... 107,758 17,328 54,389 28,096 1 208,471 287,093 ^ at ^ ^ ^ On Saturday last the circulation of reports of possible fro! I af. I a.® buoyancy, which was continued durint; Monday morning and *9> u -lOOCQO CDOCQQB ales were made within one point of the highest level of the I i5» 00 o* CO) u pnoeding wcvk ; in the aftornoon the appearance of the Agri- •j-a ^ ocoo ^ ocoo ^ otae J cultural Bureau report, which as interpreted showed better 0000 2 otob $ 66 2 w6 2 lOOOO"' arerage crop condition than expected, at once 9.M: changed the 1 a.*: I a/-: I « w CD current of feeling and led to a quick drop of 33 points, under CDCnJ ooa oc<6* I «»; I ».": developed and »} points decline occurred under increased w GR 00 ODQOO-1 QCGCCOD QCCD gx OOC OOXOOD I prMsure to sell actual cotton from Southern markets, an ex- § C*» •2 I uBk Qi to {Nwding movement of crop toward the shipping ports and ocoo less promising advices from England. To-day there was a CCM <-u 2 O<0 partial reaction, owing to a rather light showing of the supply I «.»; I ».«•: at interior towns. Cotton on the spot has been dull at irregu- ODOOOOO UCb^W »Ui®CO lar rate.i, closing at l-16c. below last Friday. Middling up- >--) U -1— w OCX o > " lands 8c. n 00 00 o . . < total sales for 00 uw 2 The forward delivery for the week are 1 , 138,9 00 f I 9P bales. For immediate delivery the total sales foot up this wee k O OOODOX oox §x oe X c X 8,347 bales, including for export, 1,687 for consumption Si g -^ for speoulation and 1,900 on contract. Of the above (00 XX 5 OCX ^ oox bales were to arrive. The following are the oiBcial ^ quotation W»9 6SC0 9 ^4^ 2 Jet;* •* tor each day of the past week—October 3 to October 14. I a.»: I »."; , X 000 GTXCX xxcx IJF1,ANI>8. Sat. non Taea Wed Th. Fri. I OnUn&ry .»lb. 5«i 5H Irlot Orilln»ry 6 xo> OCX 6 »,u -10 Oood Ordinary 61»., 6'i 6»8 2 w 2 BtrlotOood Ordinary 7»4 5|«pS 1,": 73i, I a,": a LowMlddUug 7\ 7»« 7«B o> Strict Low .Middling 8 7'» 7''8 XXQX xxpa xxc X xxox xxox Iflddltnj? 8i,g tax e wu « ex » Good Middling 8^ 8»8 8»i« Btrlot»o I 1: I li I li BoodOrdluary fl lb. 5*1 5'ie 5H 51s Btriot (>i 10(1 Ordinary 59l« HoU- 5>9 6>« Low Middling day. 6>« 6>t Middling I I 5 I I I 7»18 7»i8 I I I HASKET AND SAUtS. I «: l« I «; la I a: 1! 1 I li The total sales of cotton on the spot and for futurn delivery I I I I I I sach day during the week are indicated in the following * Includes 8.ile8 1 Q September, 1892, (or September, 1,700. tatement. For the convenience of the reader we also add (7* We bare Inclitdod In the above table, and shall conUnne eaek a column which shows at a glance how the market closed on week to give, the arantgo price of tiiture.c. (or Jan. 14 pd. to exch. 8O1) Nov. (or Dec. -26 pd. to exoh. 3,500 Nov. (or Jiia. •at'daj.ffteady at >« ad. 360 ...... I 380 Monday Oiili lo iHt doe.. 297 .... 900 1,197 The ViaiBLB supply op cotton to-night, as made up by cable Ioe§day Uusbanged 420| .... 1,000 1,420 Vol'ilByi . HoU day .. \nd telegraphis a^ follows. The Continental stocks, as well aa aor-d-yQuiMatiigdee 240 .... '246 Friday.. those for Great Britain and the afloat are this week's returns* HJaiet , 3J0 .... 350 and consequently all the Eibropean figures are brought dowM Total. 1.667, 1.900' 3.567 o Thursday evening. But to make the totals the oomplat* Th« Salkb and Pbiokb of Fctubmb are shown by tb* figures for to-night (Oct, 14), we add the item of exports frooa following comprehensive tabl«: tbe Dnited States, including in it tbe exnorts of Friday aoly. . 642 THE CHRONICLE. [Vol. LV. 1892. 1891. 1S90. 1889. QOOTATIONS rOB SltDDLING COTTON AT OTHEB MaBKBTS,— LlTerpool bales. 1,028,000 641,000 462,000 354,000 Below we give closing quotations of middliag cotton at South- «toolc at 22,000 >6W0liat London t),000 13,000 2S,000 emand other principal cotton marketsforeac.i! iay o th weei. Total Great Britain stock. 1,037,000 656,000 490,000 376,000 1,500 OLOSIKO (JOOIATIOSS VOB. KiuuLisa uorruK u«— Btock at Hamljurg 3,900 4300 2,300 Wtek en 1892. 1891. 89 October 11. Since Sine* -ctca. i)*.icocJ'toODi*», CO Shipped— *k OM MM MM M » 10 it». to to Via St. Louis 10,614 28,636 18.4'!5 48,010 ocju^&:Mto;.jioM a'CiwpMOiotM*k Leaving total net overland*.. 23,698 61,9401 44,803 106,410 • Inoludint? movement by rail to Canada. 030M,t.cci;- VtRA-fatUL Kbportb by T^eoraph.—Reports to lu by tel- Savannah, Oeorgia.—li hw rainod on four diyj of th» egrapb from the South tin's evenRig llidicate that the weather week, to the extent of thirty-four hundredth! of an Inch. Th» thermometer ha* coiiditionK conUnuo to favor tho rapid gathering of the cotton averjured 6S, ranging from 50 to tX < Auf/titta, Oeorgia.—Tho weather lia« boen clt-ar and favor- crop. Rain lias bvcQ the exception, a'ld where there ha^ boeo able most of the week, th'j r^Unfall having boon only twelve precipitaiion light. any th° has been Frost occurred Monday hundredths Of an inch, on two days. Picking !< nearfng cora- morning in Ten&ease^, Texas and Arkansas, but without dam- plotion and the crop i^ coming in freely. The vieli will bt fully 25 to 80 per cent less tlian ia^taeaaon. The age. The crop is being marketed quite freely, but the volume thermomettr has ranged from 47 to 83, averaging 03. of the movement i» sUU much below last yejy. Charleston, .S'oufft C'aro/jmi.— Rain has fallen on thr«o OalvMton, Texas. — It has been showery one day of the days of the weiV, to the extent of nine hundre1th« of an inch. week, llio precipitation reacWng seven hundredths of an inch. Average thermomet<>r 69. highest 84, lowest 53. The therniometer has ranged from 65 to 89, averaging 77. Stateburg, South Carolina.—There h«« been merely a traoe Palestitie, Tftcas.—There has been no rain the past week. of rain on two days of tho week. The thermometer haa aver- Average thermometer 66, highest 88 and lowest 44. aged 62-5, the highest In-ing 81 and the lowett 44. Huntsville, Texas. —Kain has fallen on one day of the week, \^ilson. North Carolina.— We have had rain on one day of to tho extent of eight Imndredths of art inch. The thermom- the week, the precipitation reaching eleven hundredths of aa inch. eter lias avoraK«d 67, tlie highest being HS and the lowojt 46. The tliermometer has averaged 62, ranging from 42 U> Dallas, Texas. —Picking is active throughout the State. 80. Light frosts are reported but have done no damage anywhere. Norfolk, Virginia.—The weather continues magnificent. Dry weather has prevailed all the week. The thermometer The following statement we have also received oy telegraph has averaged 66, ranging from 42 to 90. •howing the height of the rivers at tlie points named at 9- Brenham, Texas.—Ho rain has fallen the past week. The o'clock October 13, 1892, and October 15. 1891. therniometer has ranged from 43 to 88, averaging 68. Oel. 18. '»S. ' Oct. 15. »!. Belton, Texas.— \\ii have had dry weather all the week. Average thermometer 61, highest 86 and lowest FM. r»ei. 36. New Orleans Abovelow-watermark. Fort Worth, Tearas.—There has been 40 31 no rain during the MemphlB Above low-water mark. 30 1-3 week. The thermometer has averaged 66, the hicrhest bein^* NaabvlUe Above low-waterraarfe. 0-4 01 91 and the lowest 40. Shreveport Above low-water mark. 18 1-4 Vlrk«'>nrg Above low-watermark. 2 06 Weatherforci, Texas.—Dty weather has prevailed all tie week. The has thermometer averaged 65, ranging from 38 15DIA Cotton Movkhsxt from all Ports.—The receitts to 02. and tupments of cotton at Bombay have been as follow* for San Antonio, Tfexos.—There has been no rain during the tfae weeK and year, bringing the figures down to October 18. week. The thermometer has ranged from 52 to 90, avong- BOHBAT BBCaOTS AKD SBtPMEHTS FOR FOUB TEARa. ing 71. l,uUng, Texas.—We have had no rain all the week. Aver- SKipmentt tMi week. Sliipmente einee Sept. 1. Beceiptt. age thermometer 68, highest 90 and lowest 46. Tear Oreat Conti- Great Conti- Thi§ Sine* Columbia, Texas. —It has been showery on one day of the Brit'n. nent. Total. Britain nent. Total. Wetk. 8ept.l, week, the precipitation reaching twenty hundredths of an 1892 inch. The 1,000 9,000 10,000 1,000 2S.000 24.000 3,000 18 000- thermometer tas averaged 68, the highest being 1891 3.000 3,000 1,000 20,000 21,000 8,000 40,000 88 and the lowest 48. 1890 1,000 1,000 3,000 10,000 13.000 7,000 28,000 Cuero, Texas,—Dry weather has prevailed all the past week. 1S8<> 1.000 2.000! 3,000 8.000 17.000 25.000 3.000 22.000 The thermometer has averaged 73, ranging from 58 to 88. Shipmentf for t/ie week. Shipments linee Sept. 1. New Orleans, Louisiana.—We have had rain on ono day of the week, the precipitation being eighteen Great Conti- Great hundredths of an Britain. nent, Total. Britain. Continent. ToUU. inch. Average thermometer 71. Shreveport, Louisiana.—Dry weather has prevailed all the Oaloatta— week and rain is badly needed. The thermometer has ranged 1892 1,000 1,000 1.000 1.000 2.00O 1891 1,000 1,000 2,00» from 45 to 84, averaging 68. Madras- Columbus, Mississippi.—The crop of this section is claimed 1892 2,000 2,000 7,000 2,000 9,000 to be about fifty jjer cent short of a year ago. No rain has 1801.....^ 8,000 5,000 13,000 fallen during the past week. The thermometer All others— has averaged 1892... 1,000 3,000 4.000 7,000 8,000 15,00O 64, the highest being 83 and the lowest 43. 1891... 2,000 1,000 3,000 13,000 7,000 20,000 Inland, Mississippi.—.The weather has been dry all the Total aU— week. The thermometer has averaged 66, ranging from 42 to 1892 4,000 3,000 7,000 87. 15,000 11,000 26,000 1891 2,000 1,000 3,000 22,000 13,000 35,000 Meridian, Mississippi. —Telegram not received. EXPOBT* TO SUBOPB FBOM ALL ISDLH. Fort Smith, Arkansas. —Frost occurred on Monday morn- ing, but, it was not killing. 1893. 1891. 1890. Little Rock, Arkansas.—The past week has been dry until SMpmentt to all Europe Thit Since ThU Sitiee TKii SiitM to-day. It is now raining, which is very opportune for fall from— week. Sept. 1. week. Sept. 1. week. Sepl.1. planting. Cotton receipts are light and there are some com- plaints of damage from too much dry weather. Average Bombay 10.000 24.000 3.000 21.000 1.000 13,000 411 other ports. thermometer 64-7, highest 84 and lowest 46. 7,000 26,000 3,000 35,000 2,000 48,00O Helena, -4rfcajwa«.— With the exception of one light rain of Total 17,000 50.000 6,000 56,000 3,000 61,000 twenty-seven hundredths of an inch, the weather has been warm and dry during the week. Picking has made good Alexandria Receipts and Shipments,—Through arrange' progress. Ram is threatened to-day. ments we have made with Messrs. Davies, Benachi & Co., of Memphis, lennessee.—Haia fell lightly on Saturday to the Liverpool and Alexandria, we now receive a weekly cable of extent of eighteen hundredths of an inch, but the weather dur- the movements of cotton at Alexandria, Egypt. The following ing the balance of the week has been very favorable for gath- are the receipts and shipments for the past week and for the «ing the crop. Light frost occurred on Monday morning, oorresponding week of the previous two years. but no damage resulted. Cotton is opening rapidly. The Sleaandria, thermometer has averaged 64-4, Egjfpt, ranging from 44-5 to 82-6. October 12. 1892. 1891. 1890. Nashville, Tenne*see.—lt has rained lightly on one day of the week, the precipitation being two hundredths of an inch. Beoelpta (cantars*).... This week.... 250,000 200.000 200,000 The thermomber has ranged from 40 to 82, av< raging 60. BlnoeBept. 1. 60B,000 699,000 746.000 Mobile, Alabama.—The weather has been fine and picking active. Rainfall here during the week reached thirty-two Thie Since TMt Since ' TAii Sintt week. Sept. 1. week. Sept. 1. week. Stpt^ X, hundredths of aa inch on one day. Average thermometer 70, highest 89, lowest 52. xports (ttales)— Montgomery, Alabama.—The weather has been very fine Ti) Liverpool ..., 13,000 36.000 8.000 37,000 15.000 46.000 ToOontinent.... 6,000 17,000 3.000 9,000 6,000 14;00O for crop gathering all the week, no rain having fallen. The thermometer has averaged 66, the highest being 77, the Total Europe 19,000 53,000i 11,0001 46000'2l.000 60 OOP lowest 54. • K oantar is 98 Doanda. Selma, Alabama.— The weather has been fine all the week. ManciiesterMarket.—Our report received by cable to-night Receipts are light and the shortness of the crop becomes daily from Manchester states that the market is firm for both yaraa pore manifest. The thermomter has averaged& 70, raneiuKs s and shirtings. The demand for foreign markets is improvin^^ from 58 to 81. . We give the prices for to-day below and leave those foT Auburn. Alabama.—The continued dry weather is favorable previous weeks of this and last year for comparison: to crop gathering. The hay crop is fine, but weevil is doing some damage to com in the field. The week's rainfall has 1892. 1891. been but seven hundredths of an inch. The thermometer has Oolt'n ranged from 46 to 82, averaging 63-9. S2f Cop, SU lb: Hid. 9H lb: Twiet. Shiriingi. TwUi Bhirting: Madison, Florida.—There has been one inappreciable shower Vplds r [Vpia< the past week. Average thermometer 66, highest 87 and d. (1. n. d. R. d. d. •. d. «. a. lowest 49. eep. 9 S.iSigwfl-'s 4 Sitae 7>« 1»7T, 510 a7 •• 5T8 Columbus, Georgia.—The yield in this section will be fullv 16 a>7 !4 9 ae 7>« S 9>«37 " 23 8>« »7i4i4 10 93 43.« «7\ 5 9 »7 twenty-five per cent less than last season. 7H Dry weather has "SO tH aZ^i41l «6 .41* :7>8 «7V 5 9 97 P'evailed all the week. The thermometer has averagod G7, Oot 7l &?* 97^1 ( «6 S 9 644 THE CHKONICLE. rvou &v. Jdtb Butts, BAOOisa, &c.— During the week under review the plants, especially in the low-lying districts, have been daiaaged. From Dhollera and Bhownuggar accounts are improving now, considering but the market has been fairly active for jute bagging, early in the fortnight reports of serious damage, especially in Yeram- gaiuu, were current. The heavy rain has the interruption to business in consequence of the Columbian necessitated re sowing In some fields, but this is making fair progress now, and with fine celebration. Prices have been reduced J^c, the close to-night weather accounts will soon improve. being at 6%c. for 1% lbs., 6)^o. for 3 Ibi. and 6?^c. for Shipping News.—The exports of cotton from the United States the past week, as per lafeM mail Standard grades. In jute butts transactions have been very returns, have reached 110,513 bales. So far as the Southern ports are concerned, these light, the basis of for paper grades and 2i^c. for on IJ^c. are the same exports reported by telegraph and published in bagging quality on the spot. the Chronicle last Friday. With regard to New York we include the manifests of all C0TT05 MOVEMBST AND FLTTOTUATIONS, 1887-1893, BY LATH- vessels cleared up to Thursday. Total bal€§, AM, Alezandeb & Co., Nbw Yokk.—This book, like those Ubw York—To Liverpool, per steamers Bessel, 2,580 Naro- nic, 7,103 Nevada, 1.545 11,228 it, useful is gotten up which have preceded is not only very but To Hull, per steamer Buffalo, 2.130 2,130 in very attractive form, and each year becomes more compre- To London, per steamers France, 500 Greece, 1,104 Mississippi, 198 1,804 hensive. The current edition, of which we have this week To Havre, per steamer La Gasoogne, 52 »2 To Bremen, per steamer Elbe, 9!) received copy, opens with a general review of the cotton 99 a To Antwerp, per steamers Belgenland, 615...Frleeland, 5S5 1,150 market for the year 1891-93, and is followed by a letter from To Genoa, per steamer Iniziativa, 665 665 Sbw Orlbans—To Llyerpool, per steamers I'osta Rloan, 4,261 Mr. Thomas Ellison on the Cotton Industry in Europe, being ....Electrician, 4,350.. ..Emiliano, 3,250.. ..West Indian. • review of the past season with remarks on the prospects for „1.900 i,,761 To Havre, per steamer Paris, 6,390 «,3J0 1892-93. Neit in order is another contribution to the book by To Barcelona, per barks Barcelona, 408 India, 400 808 " To Genoa, per steamer Ocean Prluoe, 1.950 1,950 Mr. Ellieon of A Centennial Sketch of the Cotton Trade of Salveston—To Liverpool, per steamers Lizzie, 5,595 Lnd- the United States." Among other iutereating matter con- gate. 6,263.... Tafna, 5,700. ...Tro pea, 10,002 Virginia, „5.3S5 12,945 tained in the publication are remarks explanatory of contracts To Havre, per steamer Domlra, 4,700 4,700 To Bremen, per steamer Tresco, for future delivery, with the form of contract in use on the 4,793 4,793 Savaitnah—To Bremen, per steamers Avonmore, 7,754 . New York Cotton Exchange. These are followed by weekly Karoon, 5,825 13,579 To Reval, per steamer Huntington (additional), 250. ."..'!".' 2.50 and doily figures of receipta, prices, &c,, all brought down to Charleston—To Liverpool, per steamer St. Clears, 7,117 7,117 To Bremen, i>er steamer Kate, 4,651 the latest dates. In fact, the volume contains a mass of in- 4,651 XOBFOLK—To Liverpool, per steamer Glenoohll, 2,006 '. 2,008 formation of much value to any one interested in cotton, and Boston—To Liverpool, per steamer Bostonian, 250 2»0 Baltimobe—To Liverpool, per steamer Barrowmore, 185 135 is, we tiiinlr, the most complete number of this annual which TotaL. Meeers. Latham, Alexander & Co. have issued. 110,513 — The particulars of these shipments, arranged in our usual The AaRicuLTCBAt Dbpartuent's Report fob Ocjtobeb. form, are as follows: The Agricultural Department's report on cotton for October 1 Hull Bare»- is given bekiw: Liver- OcroBEB 16, 1802.J THE CHRONICLR 6 15 Btpl. 23. Stpl. 30. Oel. 7. Oct. 14. Indian corn futures were dull and drooping under a Unc* crop movement until after the Oovemiuont re|x.rt was iiMU« 64 i THE CHRONICLE. [Vol. LV. The receipts of flour and grain at the seaboard ports for the Domestic Cotton Goods.—The exports of cotton goods for r ek ended Ojt. 8, 1893, follow: from this port the week ending Oot. 11 were 4,538 pack- Flour, Wheat, Corn, OaU, Barley, Rye, tges, valued at $329,503. their destination being to the points At— bblt. btish. bush. bush. bush. bush. ipecifled in the table below: KewTork.. .199,225 1,731.875 702,688 765,2i0 43.20 ) 42.400 Boston. 78,155 83,534 146,117 181,014 2,400 1,100 1892. 1391. ICiutreal.... 23,638 289,455 89,211 18^,329 18.711 1,315 New Yobk to Oct. 11. PiiiladelpWa. 58,824 357,183 164,414 101,111 19,200 7,800 Week. 'Siiice Jan. 1. Week. Since Jan. 1. Baltimore... 91.688 37^,144 47,564 59,539 »,321 Riohmond... 8.200 9,865 12,393 9,910 Great Britain 177 4,250 27 3.638 Kew Orleans. 25,733 303,597 31,320 3i»,28J 305 Other European 35 1,332 46 1,317 China. 785 69,249 254 107,720 »Tot week. .485,463 3,157,653 1,193,717 1,347,435 82,511 62.341 India. I 4,627 831 7,261 Week 1891 3-37,124 3,909,619 1,395,104 810,302 199,300 613 715 Arabia I 373 I 12.525 525 11,261 itrioa I 102 6,908 42 4,691 rail shipmaats of fljur aad grain fron Below are the West Indies I 254 13,153 333 10,112 lake river ports for four years: Mexico 20 2,835 41 3,0(^4 Western and I Central 233 1892. 1891. 1890. 1889. America 6,254 162 6.918 Week South America ' 2,542; 33.399 336 26,?4S Tfeefc Week Week ' Other countries 3, Oct. 8. Oct. 10. Oct. II. Oct. 12. 2,^39 39 2,168 n»«r bbls. 453,073 290,011 234,418 253,694 Total I 4,526 160,821 2,688 185,365 I China, via Vancouver. | 15,191 2,085 22,892 Wheat bush. 847.927 1,310,995 586,190 704,635 ! Corn 522,953 368,633 4'9,920 517.53 7 Total 14,526 176.015 II 4,771 I 208,257 Oils 1,636,698 1,483,225 1,721,273 939.928 Brjrley 373,872 312,775 273,8o9 622.2 1« * Prom New En.rl;iu'l mill points direct. Jlye 105,523 139,157 83,853 101,206 The value of tii -, New York exports since January 1 have Total 3,436,973 3,614,790 3,150,110 2,815,612 leen $5,141,86) in H3) against «9 893,611 in 1891. Business in I a sheetinj^a is The exports from the several seaboard ports for the week row h be n mire important in comuletion of old orders than in the bo iking of new ones, •nding Oct. 8. 1893, are shown in the annexed statemBnt: and without any general announcement of new prices, such mak.^s MicpnrI* as three and four-yard goods are praciicaUy i^c. per yard ftvin— Wheat. Corn. Flour. Oats. Rye. Peas. dearer. Bleach d shirtings are quiet but firm. Dnims, ticks, Bush. Buih. Bbls. Bush. Bush. Bush. checlfs and other colored variet es were in some what better HewYork 856,983 404,407 157,576 7,052 35,545 12,402 request, with an occasional advance of %c. per yard in Boston. . 29,566 113,596 makes. for Horfolk.. 154 leading In wime goods spring trade business Montreal 216,785 42;48"3 17,016 269,759 l6'806 49,82'5 has moved on an average scale for the time of year. In kid- PUIadel 214,299 23.707 19,653 finished cambrics, corset jeans and satteens, silej-ias and fancy Baltlm're 277,711 33.768 104,131 20',57i cotton linings sel'er* are firm in reqnirina; full pric-s, but the K. Orl'ns. 268,837 1,209 816 "258 N.News.. demand is not brisk. Printed fabrics are quiet throughout, Blolim'ud both in fall and new season lines. Gioghams have ruled dull in dark work, and new spring offerings have not so far met Tot week 1,918,211 505,574 323,915 277,069 66,922 62 227 8*016 time with a flattering reception. Tiiere is no ch-ingre in print 1891 .. 3,024,319 509,914 180,354 49,976 647,338 206,185 cloths, the demand being moderat • at 3J^c. for 64 squares. 1392. The risible supply of grain, compriiing the stocks in granary 1891. 1890. stock of Print Cloths - Or'. S. Oet. \0. Oct. 11 at the principal ooints of accumulation at lake aid seaboard Held hv Providence manufacturers. 5,0 ID 137,000 439.000 ports, Oct. 8, 1892: Fall River manafaoturers 9,000 274,000 368,000 Wheat, Corn, Oala, Rye, Birley, Outside speculators (est.) None. None. None. In store at— bush. bush. bush. bush. bush. Hew York .11,566,000 1,35 ,000 1,595,000 10,000 18,000 Total stock (pieces) 14,000 462.000 807,000 Do afloat... . 302,000 174.000 31,003 3,000 Foreign Dry Goods.—There has not been any business of Albany 11,000 21,000 17,000 3.000 Buffalo 2,060,000 438,000 592,000 33,000 l-t7,00a importance recorded this week in seasonable mercbaudise, Chicago 8,301,000 4,900,000 2,503,000 333,000 168,000 buyers being few and of moderat'i calibre. Prices are without Milwaukee 1,277,000 9,000 49,000 64,000 186,000 change in staple lines, but " jobs " in seasonable fancies are Duluth 3,651,000 Toledo 3,430,000 256,000 104,000 181,000 growing more num Tot. Oct. 8, '92 51,231.000 11,316,000 7,2H,000 834,000 1,295.000 Tot. Oct. 1, '93.47,902,000 10,915,000 7,101,00(1 753,000 7.i0.0 >0 E: lot. Oct.l0,'91 29,357,331 5,139,'!04 5,073,602 2,511.953 1,933,129 i ; T Tot. Oot.l I, '90.17,739,032 8,364,235 3.989,392 616,723 4,189 039 I^Tji Tot. Oot 12, '89.19,833,919 12,456,609 6,537,857 1,^29,072 tt) CiM ^ 1,0 13,150 o »u o Mt3 H- K) » 3S to w o>t^ I ^Otf^OifO c;t ocn X M to CD trade particularly being adversely affected. In commi.-^sion -OO^JOO O circles spot business has been on a very moderate seal", but a Wi to some good-sized orders from Western o »x XXOOil^ points have help.^d to poppip Ui CCK) CD en too m improve the a^'gregate transactioas. In spite of t'le quiet TT) OiKi -J w jjcoro od'^-cdcoV fp ((k.<-> ^ o *- -* to OCO-'COCH trade doing, the tone has shown decided strength and the CO 0»)f* gi CO -£• CO -.0 ^ X CO en to tendency of prices in several directions is towards a higher to -^M level. For this the advance in raw material is responsi ile, 03 COCO xpw — a! some of the leading manufacturers being so well a M*» O '^ to to CD w'-ico^lo situated with r; Ot w »*- y to '^ (— COXOWO-* -- QCir- WA- / regard to their production for some time to coma that they 0D*» 1 CD »|0 *- w -g-jp |C ;>• COtO CO to "lo'ci to CD^ are in a position to either wW raise prices slightly or shorten usual K>^ — MOD I O) 'I^M-^-*--© I 1 lUMtOOl tract on the present basis. To this extent the market has CO --oV IF^ CO^ \§ 0*tt^ r- Cfl^ en V>COtO<^ «B 1 improved (0 •^i CO i^ if>- during the past two week^. Otherwise there is no CO oco U 1 OM r change from last report calling for special comment. M r* on CJrCO totocntoio 'r] Domestic Woolens.—The new demand has been CO CW — CO .0 — -q e^ quiet all Of) CJ-CO to_»f-X3aco^ s. round, but ag^^nts have completed a liCO CO 1^ oi'rfkVjo considerable business a; GO O w 1 S ^1 COX ^JtO— • M^l I by deliveries on existing contracts. tcco*-oo Worsted suiting:^ in both o .©®- QOCDCDOtf I t heavy and light weights have been prominent in these, and low-grade all-wool m CH CO makes have accounted for a considerable ^^ o.^ o^y»os» portion CO uo of the balance. Satinets and unions have been re- ordered to a fair o Vt'ji •-• xtoocw rfk 01 O '-O o *C0'-J0>'"-O extent, as have doeskin jeans, while the -J if^W CD :;« O ® X to **-J 1^ ^ ;ii w ;n »0^ OcroBBR 16, 1892.] THE12CHE0NICLE. 647 which the L<>gisluture of 1873 declared unfandable !• State /*wd City VtfA^Wi.ni. wholly premature. What we hare taid above on that point was only to explain the moaning of the item lost week, TERMS OF SUBSCRIPTION. which was unintelligible to some ; we by no meani intended to endorse the conclusion the lentenoe con- Commcrclnl hikI Flnanrlnl CHRONICLE con- tains. Before anything can be done towards a compro- teins 40 to 04 pa^es published overy week. mise the whole matter will have to be acted upon by State and City Supplement of CIIRONICL.E con- the Legislature, the old act repealed, and a new act taina 180 pages published several times each year. passed authorizing the rcadjustmeLt. No doubt such Investor§> Supplement of CHRONICLE (a Cyclo- a proceeding would raise the credit of South paedia of Railroad Securities) contains 160 pages published Carolina materially. The bonds were •veiy other month. which declared unfundable were, to be sure, put out during the recon- struction Subecription to CURONICLE for one year «IO.OO, period, wh'le the State was under theVontrol which includes every issue of both Supplements. of a bad lot of men, who were not only charged with, but proved guilty of, gross irregularities and frauds moreover, this action of the Legislature in 1873 was The purpose oT thla State and City DopHrtmcnt not without a show of justification. At the same time ia to furnish our subscribers with a weekly addition to and it is a fact that so long aa those bonds remain out there continuation of the State and City Supplement. In other will words, with the new facts we rhall give, the amplifications be a cloud on the credit of the State. South Caro- lina to and corrections we shall publish , and the municipal laws we ought be able to borrow at 4 per cent, or at " ehall analyze in the State and City Department," we expect least at ^ per cent. Would it not be well to suffer to bring down weekly the information contained the ^n even what the people may believe to be an injustice, State and City Supplement to as near the current date as that this stain which unscrupulous rulers have left on possible. Hence if every Subscriber will note in his Supple- the fair name of the State may be rubbed out ? That ment on the page designated at the head of each item a reference to the page where the item in the Chronicle can is the question which will present itself to the Assem- be found, he will at all times possess a complete and fresh bly when it meets; and it will come up in connection cyclopeedia of information respecting Municipal Debts. with the funding of the bonds that fall due in July 1893. We see it stated that a provision of the Constitution THE SOUTH CAROLINA BOND QUESTION. of South Carolina will prevent any compromise of this We published last week the substance of a telegram debt by the Legislature unless the compromise is sub- from Chark'ston, S. C, respecting the refunding of mitted to a vote of the people and unless it receives the the State debt. By turning to our State and City vote of two thirds the qualified voters of the State Supplement issued in May last (page it will 159) be voting on the question. That we think is an incor- noted that there are now outstanding of $5,393,076 rect assumption. It must be understood that what is what are called the Brown consols of 1874 and $113,- proposed is, not the making of a new debt but the rec- 951 of the Green consols, or a total of $5,506,027, all ognizing and compromising of an old one. The Con- of which fall due July 1 1893. These bonds now bear 6 stitutional provision referred to is the following, it per cent interest and desire the of the State is to place being an amendment of the Constitution adopted in a new loan at of course as low a rate of interest as it 1868-9, which amendment was ratified in 1873. It is can, for the purpose of taking up these bonds when an interesting fact also (though of no legal significance) they mature. The visit of Governor Tillman and that the amendment was ratified before the act of Dec. Treasurer Bates to New York last week was conse- 22 1873 was passed by the Legislature declaring the quently to make inquiry and thus learn oq what terms $5,965,000 bonds to have been " put upon the market the new loan could probably floated. be without any authority of law" and " to be absolutely At the end of the item we gave October 8th it was null and void." stated that "there are also $6,000,000 of non-fnndable Article Xrv To the end that the public debt of South CaroUua may not hereafter be Increased without the due consideration and free eon" "bonds outstanding which will bo retired and new sent of the people of the State, the Oeneral Assembly Is hereby forbid to "bonds the amount of $1,250,000 will be issued.'" dcii to create any further debt or ol ligation, either by the loan of the If the reader will again turn to the same Supplement, oredl' of the State, by guaranty, endorsement, or otherwise, except for the ordinary and current business of the State, without first aubralttlnj page 158, he will get the facts which will explain this the question as to the creation of any such new debt, guaranty, en- Bentence. It. seems that in 1873 an act was passed by dorsement, or loan of its credit, to the people of this State at a general State election, and unle.' 648 THE CHRONICLE. IVOL. LV, With the help of the foregoing, the meaning of the loan matures at the rate of $100,000 yearly, beginning Novem- ber 1 1893 and both principal and interest are payable in Chi- instrument and the intent of the 1873 amend- whole cago. ment are made plair. There was already in the C6n- The following is a list of the five bids, which were opened at a special meeting of the Drainage Board : titutioQ as adopted in 1868, and as it existed in 1873, Kuhn, Loeb & Co. of New York offered to buy the entire the above Section 10. There was also Section 7 of the is.-'Ue at a premium of IJ4 per cent or at Ifg per cent if both principal and interett were made payable in gold same Article which authorized the contracting at New York. E. H. Rollins & Sons, Chicag--', offered a premium of $4,500 of public debts "for the purpose of defraying ex- and accrued interest for $400,000 worth, to be delivered at any time required by Board. traordinary expenses." \¥hea the investigations of the N. W. Harris & Co. wanted $700,000 worth and offered a 1871-72 unfolded in full the heedless and fraudu- premium of $7,950. The bid i' eluded also the privilege of lent way in which State bonds had in recent years been taking an additional $500,000 at the same price before Feb- ruary 1, and bound the board rot to sell any bonds which issued, the Assembly framed Article 14 so as to cut. might remain ujisold after the disposition of the bids until February 15. The bonds to be delivered one-fourth off the lie ense permitted under Section 7, Article 9 November 1 and one-eighth every thirty days thereafter. leaving, however. Section 10 of the last-mentioned Lamprecht Bros. & Co., Chicjgo, offered $4,500 premium Article untouched, which continued as theretofore to and accrued interest for $400,100 worth, to be delivered as re- quired. fully as make provision for all existing indebtedness as Blair & Co., of New York, bid on the entire issue of $3,000,- the new Article 14 made provision for all future in- 000 at a premiu'Ji of $30,250 atid accrued interest to diite of delivery, or $45,400 and accrued interest provided the bonds annulling debtedness. The act passed by the Assembly were made payable in gold at New York. The former prem- the bonds in question did not change in the least their ium is 1}4 per cent and the latter 2J^. When the bids had been opened they were referred to the were, which legal status. The right", whatever they Finance Committee, and at a meeting held immediately after the bondholders had theretofore, continued to exist the boaid adjourned that committee voted to accept the first of Blair & Co.'s proposals. in undiminished force, notwithstanding the decliration Coltoii, Wash.—The people of Colton have voted in favor of of the Assembly. issuing $10,000 of bonds for water-works purposes. Creede, Colo,— Bids will be received by Mayor Hurlbut of Bond Proposals and Negotiations.—We have re- Creede, Colorado, until October 34 for $33,000 of 8 per cent w ater bonds, due November 1907 and subject to CiU after No- ceived through the week tbe following notices of bondt vember 1 1902. recently negotiated and bonds offered and to be otiere d foi Duluth, Mian.—(State and City Supplement, page 102.) sale. —The City Comptroller of Duluth, Minn., Mr. W. G. Ten- Altamont, N. Y.—Bids will be received until October 20 for Brook, writes the Chronicle that bids will be received until cent wattr works bonds, tbe rale of 3J^ ler maturing at October 31 for $100,000 of 30-year bonds dated November 1 |1,000 per annum after fifteen years from their date of issue. 1892 and bearing interest »t a rate not to exceed 4}^ per cent The village was incorporated in 1890 and is at present free per annum. Both principal and interest will be payable at from debt. The assessed valuation is 1135,800, and it is pro- the American Exchange National Bank of New York, posed to bond for 10 per cent of this amount, or §13,580. The question of issuing bonds for water works was favorably Findlay, Ohio.—(State and City Supplement, page 79.)— voted upun at a special election held in Altamont on the 30lh Bonds of this city to the amount of $60,000 will soon ba issu'.d of last July. for the construclion of sewers in district No. 3. Baltimore, Md. (State and City Supplement, page 80.) Flushluir, Pa.—Bids will be received until October 26 for —Notice has been published by the Baltimore Commissioner 4 pel cent street improvement bonds to the amount of $36,000. of Finance that the city is now nady to pay the principal and Interest will be payable semi-annu Uly in May aud November interest of all city stock of the issues known as the exempt and the principal will fall due at the rate of $4,000 yearly, loan, amounting to $410,353 87, bearing interest at rate of (5 commencing November 1 1901. per cent per annnm. redeemable September 1 at pleasure after Los Angeles, Cal.—(State and City Supplement, page 1893, and the Consolidat' d Loan, amounting to $3,311,068 05, 139.)—The Comm( n Council of Los Atgeles has passed an bearing interest at rate of 6 per cent, redeemable 1 September ordinance calling an election on November 3 to vote on the 1893. Any parties holding a certificate of the above-named question of issuing municipal bonds to the sum of $536,000 for issues of stock will be paid the of said certiticate, with amount the constru'.tion of a water works sy.-tem. interest to date of payment, on presentation of the same at The City Treasurer has bi en authorized to re advertise for the office of the City Register. bids on $330,00 ! of 5 per cent funding bonds, principal aud ia- Barnesrille, Ohio.—On October 10 proposals were opened terest payable in gold, for 6 per cent street improvement bonds of Barnesville to the amount of $2,873 25, maturing at the rate of $191 55 yearly Manitowoc, Wis.— (State and City Supplement, page from October 1 1893 to October 1 1917 inclu-ive. The bids re- 100.)—Bids vs^ill be received until Oct. 34 by Arthur Reichert, ceived are repoi ted to us by Village Clerk H. E Dement as City Clerk, for $30,000 of 5 per cent bridge bonds, to be pay- follows : able at the rate of $5,000 yearly, beginning seven years from First National Biiuk of Barnesville, Oliio, bid par, accrued interest and ^09 i^remium. their date of issue. For further particulars see advertisement People's Naiioual Hunk of Barncaville, Olilo, bid par, accrued Interest and ^31 premium. elsewhere in this Department. Z. T. Lewis, of Urbaua, Ohio, bid par and $30 premium. New York City.— (State and City Supplement, page 54.)— AlthouKh Mr. Dement does not state to whom the award On October 10 $315,455 of 3 per cent 20-year school bonds was made it is sapposable that the First National Bank of Were sold as follows- Barntsville took the bonds. $5,000 to Mrs. E. A. Glann at 101-50 illo.OOO to Me.^ars. Blake Bros. & Co. at 100-59 BInelleld, W. Va.—(Chronicle, vol. 55, page 345.)—The 8 *iy5,155 to H. H. Walker at 100-53 per cent 20-year improvement bonds cf Bluefield to the amount The bonds mature November 1 1911, and they are exempt of $25,000 have been sold to N. W. Harris & Co., of Chicago, from city and county taxation. ' for $27,905. ^ Norfolk, Va.—(State and City Supplement, page 149, and Canton, Ohio.—(State and City Supplement, page 77; Chronicle vol. 55, page 434.)— Che $34,000 of 5 percent water also Chbonicle vol. 54, page 157.)—The City Clerk of Can- bonds mentioned two weeks ago in the Chronicle were sold ton, Mr. William Sitchennater, notifles the Chronicle that on October 10 at 103-29 and accrued interest. The securities proposals will be received until November 5 for $39,000 of 5 are dated July 1 1893 and they will mature July 1 1932. The per cent refunding bonds falling due June 1 1906. The bonds city is to be congratulated upon this sale, as the price is the are to be for $1,000 each and will be issued as follows : best which has been paid for Norfolk bonds in some time. On N09. 1 to dated. to 6 .Oct. 15, 1892 I Noa. 19 to 23 dated. .May 1, 1893 the 15th of last March a 5 per cent 80-year loan amounting Nos. to 7 12 dated. .Oct 1, 1893 Nos 24 to 32 dated.. July 1, 1893 $116,500 was floated at 101-75. Nos. 13tol8 dated. June 1, 1893 | Nos 33 to 39 dated. .May 15,1893 Norwood, Ohio.—On November 8 the people of Norwood Proposals must be aoc >iupanied by a certificate of deposit will vote on the question of issuing bonds to the amount of or certified check for $300. $50,000 for a system of water-works. Charleston, S. C—(Sl^te and City S(;plement, page 159.) —City Oak Cliff, Tex.—It is reported that water works bonds will bonds to the amount of $50,000, bearing 5 per cent in- soon be issued by the city of Cliff. terest, have been sold at 100-65. Oak Omaha, iNeb. (St.vte and City Supplement, page 119.)— Chesterfleld County, Va.—Bids will be received until City Treasurer Henry Bolln writes the CHRONICLE that on Octobir 30 by Treasurer Gilliam for 6 per cent coui;ty bonds to October 10th $333,800 of 5 per c^nt 1 to 9-year grading and the amount of $6,0ii0, due July 1 1922,: but subject to call improvement bonds were sold to Brewster, Cobb & Esta- a^r July 1 1897. The county has no debt at the present brosk, of Boston, at 100-816, or a total premium of $3,733 80. Four other bids were received for the loan. Chlcagro Sanitary District, Ill.-On October 10th $2,000,- Oiieida Conuty, N. Y.—On October 24th $35,600 of 8 per OOO of 5 per cent bonds of the Chicago Sanitary District were cent Oneida County armory certificates will be sold at auction awarded to Messrs. Blair & Co. of New York at 101-50. The at the office of the County Clerk in Utica, N. Y. One-half of : OcrOBBB 16, 1803.J THE CHRONICLF. H4)f tli« cprti!icnt<>a m.iture in onn resr (ro-n their dat« of iMue Mt^rm-water districts, and proviiles that bonds shall b« iwu» borrow money to the amount of $1,500,000 for the completion bonds aggregating $33,915 80 and maturing as follows : seweraRo system. of the improved Amount. Due, Amount. Due. April l« 1»03. $7,-ZOO-OII Oct. 30 ".»3 to 1897. Rejnoldton, P*.—The $1.5,000 of 20 year 5 per cent bonds f:»3-S(( lO'OO Oct. 10 '93 to 1897. HtSOO due seinl-aiituiallT. mentioned two weeks asfo in this Di'partment have been sold $90 due senil-nnruallv. 76 05 Marob lU 1803. to Mr. W. M. Bell of McKeesport, Pa. esO-O.-N April 3 IS93. 720-00.. ..8ept. 11), '9^1 to 1897. 6,750-00 Oct. 3 '93 to 1897. $80 due *aml-annu[illy. Roarlngr Spriiisrs, Pa.—The borough of Roaring Springs $7.')0 due Reml-aiinually. 63n-57. April 30 1893. 670-.J7 f 30 is offering for sile $10,000 of 5 per cent water bonds, dated April 30 1893 6,400-00 )ot. 'tf.i tci 1897. $600 due Heml-annuKllj. Nov, 1 1893 and subject to call at the option of the borough number of short-time loans on or after Nov. 1 1902. The borough h.is no debt at present. A have been placed by the city of Toledo since first of this Its assessed valuation for 1893 is $321,94ri and the total tax the year at par and accrued in- terest. rate per $1,000 is $16.50—including State tax, $4; county tax, and 8ch.X)l tax, $6. tax, $4 50 ; borough $2, Washington Connty, Md.—Thii county has sold $33,000 of S:iranac liake, N. Y.—The citizens of this place have voted 4 per cent school bonds at prices ranging from 100-10 ti 100-16. loan is issues, in favor of issuing water works bonds to the amount of The composed of various small maturing, part yearly, from October 1 1895 to October 1 1904. $80,000 and sewer bonds to the amount of $7,000. ,. Slonx City, Iowa.—(Statb and City Sopplkmbnt, page Woostor, Ohio.-(State and City Supplbmbkt, page 83.)— 108)—Plans for the construction of storm- wat^r sewers in Sioux City Auditor C. C. Adams writes us that on October 6 $3,000 Cily have for some time been prepared, but work has been of 6 per cent paving bonds wera awarded to Col. C. V. Hard, delaved on acco^mt of the inability ot the Council to decide of Wooster, on his bid of $3,001. The bonds are due pari upon a method of piyiig for the same. Heretofore these yearly in from one to t-^n years. Erron(K)ua press notices sewers have been paid for by adjacent pr<>p -rty owners, hut have made the amount of this loan $33,000. the Council is now trying to devise a m')re equitable pi in. An ordiuance now under consideration divides the city into ^^ For continuation of proposal* see next paK«« NEW LOANS. NEW LOANS. NEW LOANS. NOTICE. CITY OF INVESTMENT BONDS BONDS FOR SALE. COLUMBUS, OHIO, FOU 8AI.E. Board of Education 5s. Settled propoMlJ will be received until October «*• 1804. et 7:.'» P. M.. Bt the offloe of the City Clerli, of Dated October 1, 1893. M»iiltowoc, (Vis., for the purchase of LISTS ON APPUCATION the City of PRINCIPAL Thirty Thousand Dollars of Bridge Bonds of the said AND INTEREST PAYABLE AT City of Manitowoc. Said Bonds are of the denomi- THE NATIONAL PARK BANK. Hembera •! tke Mew YorU and Boeton Stork nations of One Hundred Dollars each to the amount NEW YORK CITY. of Fifteen Thousand Dollars, and of the denomina- tion of Five Hundred Dollars each to the amount of ExchKBgee* Trae Talae of property, estimated 1100.000,000 Fifteen Thousand Dollars, and b«ar Interest at the Assessed ral aatlon for taxation M,28i,770 rate of fire per centum per annum. Said bonds are Value of school propertj owned by Col- to become due In Instalments of Five Thousand Dol- DEALERS IN umbus Board of Education 1.750.000 lars each. The first instalment to become due seven Total debt of Board of Education 430.000 years after the date thereof and Five Thousand Total direct City debt. InclndltiR tbta Issue. S.633,oaO Dollars each year thereafter until the whole are paid COIHMERCIAL, PAPER. Less water-work! debt tl.012,000 Such bonds are Issued under and by authority of an Sinking Fund 613,700 Act of the Legislature of the State of Wisconsin, 1,626,700 pur- being Chapter 111 of the Laws of 1891 for the Net direct city debt |Z,107,S00 pose of defraying the expense of building abridge Population, Census 1890. 88,103. •cross the ^lanitowoo River la said cltr. Blake Brothers Co., The assessed valuation of the property in said city & PRICE AND FULL PARTICOLARS F0RNISHXD is aa follows ON APPLICATION. Total aaaessable property »3,r<)6,000 28 STATE STREET, BOSTON. Total Indebtedness of said city »45,000 These bonds afford a flrst-class opportunity to In- S NASSAU STREET, NEW YORK. veators. Bids for the whole or a part of the bonds wUl be considered. If for a part only the bid must N. W. Harris & Co., specify what bonds (as to time) are desired. The B jard of Aldermen of the City of Manitowoc BANKERS. reserve the right to reject any or all bids. 850,000 15 WALL STREET, NEW YORK. AHTHUH RKICHERT, CltyCTerk. City of Omaha, Neb., DATID October 11, 1892. OHICAUO. BOSTON. 6 PER CENT SEWER BONDS. NEW LOAN. 850^00 FAIRHAVEN, Denver, Colorado, BBL.l.INGnAIH BA7. THE FUTURE METR0P0IJ8 OF PUOBT BOUND S75,000 5 PER CENT SCHOOL BONDS. li destined to be tbe great Manufaeturlnv and Com- Write lor eprcinl clrcnlar slvlnit deicrlp- merclal Center because It baa City of Sandusky, Ohio, lion of the above bondn aod price. Tbe Iiargest and Safest Harbor on tbe PadlKo Ooaet. BOCK IMPROVEMENT 5^. rbe Greatest Area of adjacent Agricultural Land. E. H. Rollins & Sons, Tbe most Magniaoent Foreets of Timber In tbe world. Price and Fartlcolars on application. 30 WALL, STREET, MEW VOKK. The Onest Natural Town Site and Water Front Immense Veins of the Best Coal In the West whlob MUNICIPAL SECURITIES produces a coke e I , . — — H60 THE CHRONICLK [Vol, LV. yakiraa County, Wash.—(State and City Supplbment. page TAX FREE.—All the Issues of oity bonds are exempt from tax- 144.)— County Treasurer O. O. Nevin writes the Chronicle ation. on city Is that f75,000 of Yakima County bonds hare been issued to the INTEREST bonds paid by city treasurer, and In some cases Puget Souud Bond & Trust Company of Seattle. Washing- In Boston also. ton, which oflftred to take the loan at par provided the bonds TOTAL DEBT, SINKING FUND, Etc.—The subjoined statement bear interest at the rate of 8^ per cent per annum. The show's the city's total debt and sinking fund on the 15th of May ol securities are due in twenty years and are subject to caJl after each of the last three years. ten years from their date of issue. 1892. 1891. 1890. Total bonded debtof city $7fl9,000 $799,000 $799,000 CertiUcatos outstanding 165,431 165,431 165,431 STATE AND CITY DEBT CHANGES. Total $964,131 $964,431 $964,431 We subjoin reports as to municipal debts received since tht Balance In treasury 21,175 31,678 32,800 last publication of our State and City SupPLKaENi. Net debt on May 15 $943,256 $932,753 $931,631 Water debt included above $300,000 $300,000 Some of these reports are wholly new and others cover items $300,000 Total town debt September 1 1892 was $348,301; sinking fund (cash) information additional to those given in the Supplement, of $0,75:^; cash and taxes due $41,301. and of interest to investors. The sinking fund receives yearly I3 mill on oity list. Connecticut, Norwich.—(State and City Supplkmbht, CITY PROPERTY.—The city owns property valued at $971,039. page 39.)—Calvin L. Harwood, Mayor. The following cor- Tills includes buildings. Are department, etc., as well as waterworks, which are held at $600,000. In year 1891-92 the regular receipts rected statement of the debt, valuation, etc. , of the city and of the water works were $45,626; expenditures $27,144; interest on town of Norwich has been received this week from one of the bonds $16,000 ; surplus $2,482. oity ofScials. ASSESSED VALUATION.—The city's assessed valuation and tux Norwich is in New London County. The city and town rate have been as follows, real estate being assessed " at % cash value"" have separate governments, keep separate accounts and have Real Personal liaU of Taa Estate. Property. separate debts. Years, Total. per $1000 1892 $10,ob8,848 $10 00 LOANS— '— Interest. —, . Principal. 1891 9,881,025 aooo NAME AND PURPOSE. Rate. Payable. Wlien Due. OaUland'g. 1890 9,955,810 9-50 CiTT OF NoRwien Debt. 1887 $7,539,329 $2,381,600 9,920,929 9-50 City debt bonds, ret., 1883 .... 4 A <& O Oct. 1,1913 $12.'),000 1883 7,392,767 2,658,058 10,050,825 9-00 Court house 7 J & J Jan. 1, 1905 164,000 1880 7,438,097 2,976,028 10,414,125 8 00 Blnking fund bonds of 1877... 5 A & O Apr. 1, 1907 160,000 list on October 1 1891 about do do 1878... 5 A & O Apr. 1, 1908 •150,000 The town grand was $13,405,663 ; tax Water fund bonds 6 J CHICAGO. ST. LOUIS. PACIFIC COAST, Union National Bank, SAH'I. a. UAY1a>I&1>, ,i.>u. tx. t31.a3f...M. Gaylord, Blessing & Co.; Merchants National Bank CHICAGO. OF '^EATTLK, WIlSHIXOTON. Pald-np Capital. «3,000,00< BANKERS AND BROKERS, UNITED STATES DEPOSITARY. Sarplua, ST. LOUIS. Angus MackiiiU»«h, Pres. | Abram Bnrkor, VlCfrPres. 700,000 Wm. T. Wickware, Cashier. WB8TBRN SBCURITIBS AND UnpKnl. «i•.^00,UUU Hurpliiti, etc., Areffular Banking BuBlness Transacted. Accounia I 94U,0UO Of Banks and Banliers, Mercantile and Manufactnrlui, HIGH GRADE MUNICIPAL BONOS li)tereiii-b«aiiuir Certlficatos of UepoHlt. Firms or Corpt)ratlon8, received on favorable terms A SPBOIAI-TT. Foreign BichanKe BouKht and Sold. Commercial Haperlor CollecUou Fadlltlea. and Travelers' Credits, Correspondenoe SoIldteA available In all parts of th« '«1>WABD» WHITAKKU. CUAjsl-i.., UulH.xA. globe. Issued. Telegraphic Transfers made with al' Srlndpal European and Domestic Points. Unlt«<1 tates and other first-class Investment Bonds dealt Whitaker & Hodgman. (X1RBK8PONDKNCB 80UC1TKD. BUND AND STOCK BHOKKKS. Merchants Nat'l Bank, POKT^.AND, OREGON. 300 Nortb Foartb Street, Paid CapltHl »I.(MIO,UOO Fred. G. Frank Bro. J. LOKWENBEItO, Pres. JAS. t OoroBKB 10, 1892.] THE CHRONICLE. 651 tiop, etr., of St-henectady from H, W. Deu&ington, City The total debt m irlven above for March 1 1803 iDrludM Rtriw* In. Treasurer. proTeniont notea to the anionut of $61,702 17, bearing 4 lud 4i« pot eeut lutere«t. The tloatlng delit at the present date la not reported. On Octiber 1 this city sold $10,000 of 4 per cent 80-year ASSESSED VALUATION.-Tbfl olty't MMMed valuaUoo (from if tewer bonds at 1IU°50. The detaila of the now issue will h,- to H actual value) and tax rate have been i follow*: found in tlie bond table. Tnliil Kalt»f Real Perional Afriied Tamptf is situated in the county of the same Schenectady name. Tear$, Kilale. Properlu. VatuaUon. $i,(raai , 1801 $8,408,100 $621,204 $0,014,394 LOANS— Intrrnl. —. rrinclpat $ie-M NAME AND PURPOSE. Kate. Puyablf. When l>u(. OuUtantFg. 1800 7,636,700 667.070 8,204.070 17-80 'Feb.Feb. n, 19I0-1."> - 1880 2,033.400 460,010 3,303,410 Sobool 1880 3 F A 5 A $.'^,000 vt'iirly. $30,000 ) POPULATION.-In 1800 population wM 10,857; In 1880 It WM Fcb.l, l!iltito''l9> do 1800 3 P .fc A 20,000 13,655; in 1870 It won 11,026. <«,0 Sinking funds and cash 00,882 07,55JS LOANS— When Due. I Interest paya))le at Treas'rs oflSs* Rkfundiso Water no;»DS— I Total debt Aug. 1, 1893. $70,000 Net debt on March 1 $ 352,128 273,821 6s, FAA, $70,000 Aug. 1, 1910 [Tax valuation 1802 3,000,000 f to call after 1, 1902. Water debt (included in net debt).. $163,000 f163,000 ^150,(0(1 Sul)Ject Aug. | Population 1800 was 1,849 CHICAGO. CHICAGO. CHICAGO. Jamieson & Co., Title Guarantee & Trust Illinois Trust & Savings STOCKI»—BOIVDS, Company Bank. Members New York Stock Exchange, Chicago Stock Exchange. OF CIIICAOO, CUICAGO, ILL. CAPITAL AND SURPLUS, - •3.-./a0,00* 187-189 DKARBOKN STREET, »•*, 04 & 06 WANIIINGTUN HTREKT. INTEREST ALLOWED ON DEPOSITS. Ciiic-ai(o, Ills. Un*liai, paid-up $1,000,000 This Bank Is directly under the I'rlvate Wire to Jurisdiction ai>« Undivided earulnsa* Including taperTlBl..n of the State of Illinois, Is a LEGAL L * 8. WORMSER, NEW TOKK. urpluo '.j'^0,000 DSPOSITORy for Court Moneys, aiii UauthwlMd FI/OWER CO.. YORK. tOBOtnnTKUSTKB, K.XBCUT(5r, RKCKlVERind A NKW Depodled with eilale Auditor. . ! ^OttOtl. fit0tt0tl. ^inauciaX. Walter T. Hatch, Henry Freteott Hatch, Arthur Helnin Hatch WOODWARD Members of N. Y. Htock and Produoe Uxchanges. & STILLMAN, INMAN, SWANN& Co W. T. Hatch & Sons, MERCHANTS 96 Broadway & 6 Wall St., New York. COTTON MERCHANTS, Dealen In iiiTestineiit tooks and bonds. «6 to 22 WILLIAM STREET, Personal attention arlTen at the N. T. Btoek Bz- ohanne for the purohase and sale on oommlsslon of Btooki and bonds for oash or on marKln. NEW YORK. New York. Interest allowed on deposits, subjeet to draft at sight. 00TT05 OF ALL. GRADES BOTTABLE TO WAHT8 OF AILEBICAN SFINNERa. Henry Hentz & Co., UH IAN, BTBBN * CO, UHMAK, DPBK ft CO.i Na« Orleaiu, Ijk MonWomerT, AU. COMMISSION MERCHANTS, BROS., LEHMAN 16 to 33 William Street, New York. F. H. Prince & Co., coninissioN merchajwts, UBCUTB OBDBRB KOR FDTURB DBUYBBT COTTON BANKERS AND BROKERS, No. 40 Exchange Place, at the NBW YORK, LIVBKPOOL AND NHW OR. NEW YORK. LBAN8 COTTON BXCHANOBB. Also orders for BOSTON, MASS. J MEMBEB8 OF THE Bl'OCK, COTTON, OOF- COFFEE FEE AND PRODUCE EXCHANGES, at the NBW TORE COFF BB BZGHANGB, and HIGH GRADE INTESTMENT8 Nkw Yokk ORAIN AND PROVISIONS BXCHANGB and aboTe BxohangM w»ll at the NBW TORK PRODUCB Orderi exeented on the u York Boston Stock Bzahangei maikeU, the CHICAGO BOARD OF TRADB. Members of New and M In N«w Orleans, Chloaso and toreisn Hubbard, Price Co., aTRAuaa * co. BTRAU88 & CO„ & Barannab and Mancbeatar, and at prin- COTTON BXirHANGB BUUA>lNa New Orleani. cipal Cotton Centres NEW YORK. on the Continent. General ConimiMsion Mercliantg. Members New York Mock Exchange, New York STRAUSS & CO., Cottou KxchaiiKC r^fcw \uvt Produce kxcbaaKe, New York Citff*.** Kxchnii*re. ChlcaKo Board of Trade. COTTON MERCHANTS Orders executed uu auy ul tbe aOuve UxcbaUKes, also for purchase aud Bale of cotUiu for future de- Howard Lapsley & Co., 48 BROWN'S BUIL.DINGS. livery In New Orleaiiv and L.iverp4>ol. Liberal ad- vances made on cultou couBlgumeuts. FRlCt, UElD •& CO., BANKERS AND BROKERS, >ariolk, Va. LIVERPOOL. PRICE, REIU dt AUA.>I8, Limited. NOi 1 Exchange Court, Cliari«*Hton, tS. C Bpeelal attention rlTen to oorreapondenoa with In- Special attention Klveu to orders for cotton for or domestic shipment. NEW YORK. tvlor Cotton Herotaante and Bujeri for the pnr- fureMtn lale of Cotton both on spot and for fntore Phlladelptala, ttiaw and J. O. Blobs. Geo. H, GBiTBCB, Bpeolal Private WIrea te Boston and laUTerr. O. BLOSS & CO., J. E. D. Shepard & Co.j Hopkins, Dwight & Co., COTTON MERCHANTS, BDCCBSBORS TO VOTTON. OOTTUN8KED OIL Jt« Willlani Street, A>D NEW YORK. AUG. T. POST, Banker, SOHTHEKM PRODDCB OREXEL BUILDING, BROAD ST., N. 1 Co., COMMISSION MERCHANTS, W. D. Rountree & State, ConntT and City BoRds. COMMISSION MERCHANTS, Raaii S'Ji Cotton Exebano Bnildlns. NBW TOBK COTTON EXCHANGE BUILDING, NEW YORK, and NORFOLK, VA. Hatch & Foote, bnitaTiiB C. Eopkina. Lnolnt Hopkins Smith. COTTON, COJfFBB, SRAIN, PROVISIONS AND Bamael Hopkins. Charles D. Miller, STOCKS. 7 PINE STREET NEW YORK Orders executed in New York, Chicago ALlTarpooI Crenshaw & Wisner, Geo. H. ivIcFadden& Bro. INTESTMENT SECURITIES I • Ac 18 ExcbanKC Place, tivw ¥ork. OOTIOa MEBOHAKTB, American Exchange Bank COBIlHISi^ION MERCHANTS. rail. &DBI.PHIA. Hembers of the Cotton, CoOee and Produoe Bzota's. ST. Eovis, mo. - Capital, • SSOO.OOO I Surplne, 8313,000 UTIBPOOL OOBBBSPOVSmn, AOKNCT OF PKTKR NICHOLSON, President. ' VREDKRIC ZKRKGA 4c CO. ALVAU MANSUIl, Vice-President. THE HAXALL CKENSHAW CO., WALKER HILL. Casfaler.| RICHMOND, VA. We send DQtBCT to every banking point in Mo. ftVDdard Brands of Flonr for Shipment to Warm Bliss, Fabyan & Co., Climates always on hand. NEW YORK, BOSTON, PHILADELPHIA WM. FRANKLIN HALL SCLPHUR MINEK COMPANY BICUJNO AQENT8 FOB LBADINO BKANDS BOOKS AUDt OF TIRaiNIA. BROWN and BLEACHED SHIRTING AOOOUNTANT HUrh-Orade Prrltee. free from Ars and SHEETINGS, New forms designed for books of soconnt. PRINTS, DENIMB, TICKS, DUCKS, *0. 8«ttJ«men( o] Intolvent KtaUt. Spencer Turner, Towels, ((ullta. White Goods and Hosiery, 118 Bxchange Bnlldtnti, 6.S State Street Boitoo. J. DriUs, 8h€elinot, e,662 60% Sept. 16 76 Jan. 7 96 07 Do pret. 332 05 Jan. 15 99% Aug. IB 30 SO 29 29% 23'% 29 28% 29 •29 29% Oolnmhua nooUngVal. & Tol 2,225 27% Oct. 5 40 Mnv 13 73 73 •71 76 •71 76 74 74 De pref. 100 66 Jan. 6 80% June 2 133 135 ISt 136 13438 1313g 133'8l36% 135 136 Delaware A Hiidnon 730 122% Jan. 8 149% Apr. 7 163 153 153% 133% 154 154% 153% 154% 134% 134% Delaware Lackawanna AWeat 4,009 189% Jan. 19 167% Feb. 29 •IG"* l?"* •10% 17% 17 171% 1T% 17% 17% 17% Denver A Klo Urande 600 15 Sept 22 19% Jan. S '.^o>4 am 5J% 51 51% 52% 82% 53' 52!% 53% Do pref. 10,880 45 Jan. 8 54 Mar. 9 •4«« 5>ii •1% 3% -4% 5% 4% 4% 4% 4% EastXenneeaee Va. AGa 200 4 June 23 9% Jan. 7 •32 85 •32 33 •32 35 •32 35 .3% 33 Do I at pref. 30% June 21 51% Jan. 11 •lO"* ll>* •10% J2 •10% 11% •10% 11% 10% 10% Do 2d pref. 300 7% June 22 20 Feb. 28 •14C 1*9 146 149 148 148 146 ISO 116 150 ET&nBvllle A Terre Haote.... 440 xll9%Jan.l3,151 Sept. 9 •13.i 140 135 140 •133 140 133 140 135 140 Great Northern, pref 119 Jan. 22 144 Aug. 11 8S>« 93>« •97% 98% •97% 98% 99 99% 99% 99% lUlnole Central 750 95% Sept. 16 110 Jan. 5 U 12 11 12 11% 11% •11 12 11% 11', Iowa Central..... 520 9% July 19 15% Jan. 4 •37 >• 3;) '4 -37 39% 38% 33% -38 39% •38 40 Do pret. 25 85 Sept. 16 56% Feb. 18 '23^ 24>s •24 24% 24^ 2438 24% 2558 23% 23% Lake Erie