xmm HUNT'S MERCHANTS' MAGA2INB

REPRESBNTINQ THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE QNITED STATES

VOL. 36. NEW YOKE, MAY 12, 1883. NO. 93;^

^iti»tici»l. ^iuatuctal. l^inanciaX*

Cisco Son, AMERICAN John J. & DIAMONDS. BANKERS. Bank Note Company, No. S9 trail Street, New York. 142 BKOADWAT, NEW TORK. Deposits received subject to check at sight and Ilimtnenn Fiiundcd 1795. Alfred H. Smith & Co., interest allowed on dally balanoee. boorpontti o&dst Lawt of State of Siw York, 18BS, Government Bonds, Stocks and all Investment Se- Beorcaniicd 1879. 18% Broadway, Cor. Jobn St., curities bought and sold on commission. ENQRAVZBg AND PrINTIRS OF BONDS, POSTAGE & REVENUE STAMPS, IMPORTHBS OF BANK Chas. Unger Co., LEGAL TENDER AND NATIONAL Diamonds, Fine Babies, Sappliires, & NOTES, of the UNITED STATES | and for BANKERS AND BROKERS, Foreign Government*. and otlier Precious Stones, Members of the New York Stock Exchange. EN'ORAVINO AND PRINTING, Dbalers in Foreio.v Excha.noe, Gover.vmcmt BAXK NOTKS, SHARE CERTIFICATES, EXCL,IJSIVEl,Y. ant) other invkstme.vt bonds. BONDS FOR GOVERNMENTS AND 54 \rall St. and 62 Cireeue St., N. Y. CORPORATIONS, DRAFTS, CHECKS, LONDON, 33 HOIiBOBN VIADUCT. Buy and soil on commission fur investment or OB BIl.1^ OF EXCHANGE, STAMPS, Ac, margin, all seouriiles dealt In at the New York Stook Exchange. In the flne»»t and most artistic style Members N, T. and Philadelphia Stook Bxcbances. FROM STEEL PLATES, With ipedal lafezuarls to premt COUiTTESFEITnTS. L. H. Taylor & Co., Read & Stafford, Special papeti maaufactatel exdssinly for uie of the Compaay. BANKERS, BANKERS AND BROKERS, SAFETY COLORS. SAFETY PAPERS. S. ir. Cor. Third and Chestnut Stfl«, nUls BoUdlDB, New York. Work Executed In Fireproof Balldlngs, PHIIiADELPHIA. All securities dealt In at the New York Stock Bx. LITHOGRAPHIC AND TYPC PRINTIH6. Depoalts received subject to check at sight, and change bought and sold on commission for cash or OF IMPUOVED BTTIXS. Interest allowed on dally balances. upon margin. BAILWAV TICKETS Stookfl, Bonda, &c., bought and sold on conuntssion In Labels, J. B. Bbow Cardfs Calendars. Philadelphia and other cities Read. w. P. SxArvoRD, BXiAirS BOOK8 OP EVEBT DiSCBlPTIOH'. Particular attention Riven to Information rc«ardlnff Member New York Stock Wreharne. Investment Securities. ALBERT G. GOODALL, President. PrlTate wire to New Yorfc. Baltimore and other places. VICK-PRESIDENTS : Simons & Chew, J. MACDONOUGH, A. D. SHEPARD, W. M. SMILUE, TOURO ROBERTSON, Taintor & Holt, STOCK BROKERS, fi, H. STAYNER, Treas. 2 ExcfaanseCourtdc 52 Broadfra]r,N.Y. THEO. H. FRKEUIID, Seety, baneebs, Stocks, Bonds and U. S. Government Securities Bought and Sold on Commission. no. 10 wall !«treet. new york. JA3. D. Simons, Bkyiblt 3kbw. Banque Member N. Y. Htock Exchange. TRANSACT a GENERAL BANKING business. Member N. Y. Produce Exchange. DEPOSITS received and INTBUB8T allowed on Centrale Anversoise, J08KPH P. LLOTD. W. C. MCKKAH balances. Member of N.Y. Stock Bzahle, IV A T n^ E R P . Buy and sell GOVBKNUENT, MUNICIPAL and RAILROAD Bonds. P»Id-Up Capital. ^^9,000,000 Francs. Lloyd & McKean, Private telegraph wires to ProTldenoeand Bostt n. NEtlT BOARD OF DIBECTORS. G. B. TAINTOB. GEO. H. HOLT. No. 34 ITALL STREET, Y«RK. rwLO. Qrisar, President. BUY AND SELL-ON COMMISSION Al.rBZSMAQUiNAr (Grsir& Maqulnay), VIoe-Prea. Members New York and Chicago Stock Exchanges • J. B. VoK DEB Hecke ( Vcn der Becke i MargUr). also New York Mining Stock Kxchange. GoTernment, Rallivay and niaeella> OTto GusTHEK (Comellle-DaTid). ueoua Secnrltlea. Kmilz de Gotta l. Ad Frank f Frank, Model & Cle.) Rolston & Bass, Aug. Nijttebohm (Nottebohm Freres). banb:er8, Fk. Dbanis (MIchlels Loos). Oilman, Son & Co., JOH. Dan. FfHUMA.VN. Jr. Uoh. Dan. Fohrmanii.) 20 broad street) new york. Louis Weber ( i d. Weber 4 Cle.) BANKERS, Stocks, Bonds and Miscellaneous Securities. JUUeS RAUTENSTRAL-ca (C. Schrald & Cle.) Correspondence Solicited. No. 63 CEDAR STREET. T&AX SiOT A Quotations cheerfully furnished. GENERAL BANKING BUSINESS. In addition to a General Banking Bnslneoe, boy and Sell OoTemment Bond! and InTestment Beoort- Asa. p. Potter, Prest. J. J. Eddt, Cashier. W. H. GoadbySc Co., tles. Maverick National Bank, BANKERS AND BROKERS, I. F. Mead Co., BOSTON. No. 8 WALI. 8TBEET, & STOCK BROKERS, CAPITAL, - - $400,000 New York. 80 BROADWAX, NEW ¥ORK. 8VRPI.US, - - - ..... 400,000 Branch Office with Private Wire at 83 West Twenty- Wm. M. Eari^ a. h. datton. Geo. H. Btatnkb Third Street. Acooants of Banks and Bankers solicited. Stook Bzch. SpeclaL Member N.Y. Buy and sell on commission for investment or on Collections made upon farorable terms. maTKin, all securities dealt in at the New York Stook G

THE OHRONICLE ' Vu., XXXVI.

'govtiQti %xchvinQt. W,ov&ieM %xcUmiQt. '^axtiQU ??a£jcltatt0je. W.Seligman&Co., Drexel, Morgan & Co., August Belmont & Co., J. & STKEBT, BANKERS, BANKERS, \rAIiI. No. 23 BROAD STREET, CORNER OF BKOAI), NEW YORK. No». 19 and 21 Nassau Street, Neir York. Travelers' Credits, available in all parts of the Co., Drexel,Harje9&Co Issue iKsno Letters of Credit for Trarelers, Drexel & through the world, On SKLIGMAN BROTHERS, London, Boulevard Haussmann, No.34 South Third Street, 31 IDESSRS. DE ROTHSCHI1.D, ,'Europe, Asia, Africa, AuB-^ subject to Draft, Securities on California, Europe and Havana. Lralla and America. Deposits received ^ ' allowed on Ezctaange and make Telegnpbto bought and sold on commission.. Interest Uraw Bills of Deposits. Foreign Exchange. Commercial Credits. Transfers of Money on Europe and California. Cable Transfers. arcular Letters lor Travelers, Kountze Brothers, available In all parts of the world. BANKERS, Attohneys and Agents of W. Wilson & Co., 130 Broadway (Equitable Building), J. nessrs. J. S. mORGAN A- CO., 27 & 29 REAVER ST., LONDON. NEW YORK. No. 22 OLD BROAD STREET, NEW YORK. LETTERS OF CREDIT .4NI» CIRCULAR NOTES Kills or Ezcliange and Letters of Brothers & Co. Credit on Mexico. Brown Issued for the use of travelers in No. 59 WAL,!. STREET, N, Y., all parts of the world. Bills drawn on the Union Bank of London. %xa^zxs. BCY AND SELL Telegraphic transfers made to London and to various ^Knkzxs and places in the United States. BILLS OF EXCHAKOE Deposits received subject to check at sight, and In- ON GREAT BRITAIN AND IRELAND, FRANCE terest allowed on balances. CALDWELL., WASHBURW &. GERMAN V, BELGIUM, SWITZBRLAND, NOR- Government and otlier bonds and investment securi- WAY, DENMARK, SWEDEN AND HOLLAND. ties bought and sold on commission. TOWMSEND, Credits Issue Commercial & Travelers' BANKERS AND BROKERS. IN STEBLINO. AVAILABLE IN ANY PART OF THE WORLD. Jesup, Paton & Co., NO. 3 WALL STREET. And In Francs, in Martinique and Guadaloupe. general Banking Business, Including the niAKE TEI,EGRAPHIC TRANSFERS BANKERS, 1 ransact a OF nONET Purchase and Sale of all Securities dealt in at the COUNTRIES. 62 William Street, New York. BETWEEN THIS AND OTHER New York Stock Exchange. COLLECTIONS* OF DRAFTS drawn Accounts and Agency of Banks, Corporations, HAKE and Interest allowed on deposits subject to sight draft. abroad on all points in the United states firms and individuals received upon favorable terms. drawn in the Canada, and of Drafts Dividends and interest collected and remitted. C B CAIJIWELL. LANSING C. VVASHBUIUf. United States on ForelKU Countries. for corporations in payl:i.; n upons Act as agents CHAS. J. TowNSEND, Member N. Y. Stock Exchange. and dividends; also as transfer a«entB. Bonds, stocks and securities bought and sold on GsoroeStabk. JOHN f. stark commission, at the Stock Exchange or elsewhere. T. & Stuart & Co., Sterling Exchange and Cable Transfers bought J. and sold. 33 NASSAU STREET. DKAW ON George Stark & Co., EXCHANGE ON THE UNION BANK OF LONDON: BANKERS, BILLS OF THE DBUTSCUK BANK, BERLIN, HAMBURG i«mTH, PAYNE & SMITH'S, AND BREMEN: No. 33 NaBftaii Street New York, BANliERS, LONDON; ANDRE GIBOD & CO, PARIS. TRANSACT A GENERAL BANKING BUSUJESS MANCHESTER & COUNTY BANK, AND BUY AND SELL INVESTMENT "LIMITED:" SECURITIES. Have constantly on .hand and for sale Peabody Co., CITY AND KARM MORTGAGES, MANCHESTER, PAYABLE IN LONDON i K.idder, & WESTERN Benrfng 9 to N per cent interest. BANKING COMPANY, WESTERN MUNICIPAL BONDS. ULSTER BOSTON, MASS., particulars mailed on application. BELF.\ST, IRELAND; Circulars »ith nil AND ON THE Cor. Wall and Massao Sts., New Vork. NATIONAI. BANK OF SCOTLAND, Wood, Huestis & Co., B4MiERS. * EDINBURGH, .VND BRANCHES; FOREIGK 31 PINE ST., NEW YORK, ALSO, AND BROKERS, TRANSFERS, BlLI.a OF EXCHANGE BANKERS CABLE TRANSFERS AND LETTERS OF CREDIT ABL^ StTCCES.S0R9 TO AHD WOOD & DAVIS. PARIS: COMMERCIAL AHD IUAVBLBB8' CREDITS. the New NEW YORK: LONDON: Execute orders in all securities listed at WnjiIAM Bbath, W. RUSSELL WiSB. T.B.DATIB. York Stock Exchange. For Sale, CHAS. B. Q0LNCBT. railroad KIKST MORTQAOK BONDS.TinwnH OORRESPOSDBNTS : FIKST-(;lA8S L. M. SWAN GEORGE C. WOOD. C. H. HUESTIS William Heath & Co., BARING BROTUEUS &. CO., London. (Established 1881.) PERIER FREREH & CO.. Parla. and brokers, T. C. Walcott & Co., bankers Berlin. MENDELSSOHN & CO., *' AND BROKERS No. 80 BROADWTAY, NEW^ YORK. BANKERS 24 Pine Street, New York. 8. Kennedy. o. h. northcote, No. Members of Nev York Stock Exchange. John Business; Buyand J. Kennedy Tod: Alexander Baring. Transact a General Banking CABLE TRANSFERS. Member N. Y. Stock Exch. Commission, for csh or on marg^, al^ |^Jrt. n>REIGN BXCHANGK 8el™S Philadelphia, BoMoo ties dealt in at the New Vork, S. Kennedy & Co., and Chicago Stock Exchanges. William Heath & Co., J. Brancb Office, 320 Broadway. No. 63 WILLIAM STREET, the N. Y. Stock walcott, I Members of jos. c. Mining Stock Bxch'ges. 10 ThroBmorton Ave., London, Eng. BANKERS. Frank F. Dickinson, Sand Agents for Banks, Bankers and Railroad Draw Bills of Exchange and transact s general Act as WAX.STON H.^B^W^ 3„F»™. A. BROW. ftaandal commission business. Partlcotar attention Companies. ^ glTen to American Seoarlties. Issue oanunercial credits, also foreign ana domestic travelers' letters of credit in pounds sterlhig & dollars. Ofler luTestment Securities. Walston H. Brown & Bros William H^ath & Co., Buy and sell bonds, stocks and securities in all Am- BANKERS, erican, Canadian, British and Dutch markets, on Com- No. 19 Bne Scribe, Parts. mission. No. 20 Nassau Street, New York. t:otlect dividends, coupons and foreign and inland Orders soUdted for London and American marketB Drafts. GIVEN TO THE NTOO- and SPECIAL ATTENTION forlnTeBtmentoronnuuKln. Railway, State CltT Sell Bills of Exchange on TIATION OF CxHtna nesottated. MelvUle, Evans & Co ; C. J. Hambro k Son, LONDON and on H. Oyens 4 Sons, AMSTERDAM. RAILROAD SECURITIES^ John Munroe & Co., Schulz Ruckgaber, Lancaster & Co., No. 8 TTall Street, Ne\r York, & R. A. B ANRBRSj BANKERS AND BROKERS, Post Office Square, Boston. No. 4 16 EXCHANGE PLACE, NEW YORK BANK BUILDING, CHEQUES AND CABLE TRANSFERS ON THE UNITED CORRESPONDESTS OF AND WALL STREET, NEW YORK, nrvNBOE & CO., paris. International Rank of London BROADWAY (Limited) London. DEALERS IN 8TBRL1NO CHEQUES AND BILLS AT SIXTY Messrs. John Bcrcnberg, Gossler & Co. Miscellancons Securities. DAYS' SIGHT ON Hnniburg. Railroad & A.LEZANDERS &, CO., LONDON. Messrs. Marcnard, Krauss & Co., Parin Southern Securities^^pectalty^^ 'ommerelBland Travelers' Credits. Bills of Exohsnge ;, H. CRUQER OAKIAi Tratelers. Cable Transfers. r,„™,.i"T»TwiItTBT.Y, OntCDTJkii Notes and Credits fob J- MOAN, MAY NAHr. C. ETRE. °xl?^?^r Partner. ^*"w^ R. MAYERS, Special J. U. UOAUBT & B. E. WALKER, Whitely, Tames T. Bates & Co., JOINT AGENTS Prince & •^ YORK. (ESTABLISHED 1868,* Canadian Bank of Commerce, No. 64 BROADWAY, NEW BANKERS AND BROKERS, (Branch Office, 180 FHth Ave.) 16 EXCHANGE PLACE, Railway and Mhiing Stocks bought mils Bulldlns, New^ York. All classes of AND SELL STERL'NO EXCHANGE, CABLE Wilmlng- BUY "^"^i?e°Te*ieS«ph\v'ire« to Philadelphia. Members of the New York Stock Exchange. TRANSFERS, ETC. i Boston, 6rid«eport and ISSUE COMMERCIAL CREDITS. AVAILABLE to^B^tlmorefXhington, Oseoka and Cable Transfers on JAMBS T. BATES A New Haven. CO., Geneva, Switzerland. IN ALL PARTS OK THE WORLD. May 13. 1883.] THE CHRONICLE. iU

gau&«vB nvuH ^voUcvs. SanUevs anil ^voUeva,

Hatch & Foote, Henry Bros. & Warficld, Simon Borg 8c Co., Y. illlOKKHS BANKI-:iIN, >o. la Wall Street, N. IN No. 8 WALL STREET, NEW YORK, Wo ra:iky i:. S. Himdn ami Invoittnont SiH'urlllnji u STOCK.S AND BONDS, UNLISTED np^^-tnlty, i«KtN-iit.' order* ill STOCKS iind liONO.S SECtlUITIICN AND ilIININti STOCKS, DEALBIIS IN ALL KINDS Or r,>r 0..-I. ..I- . .1 1 1 111.. ...11... ..[[ -.111. WotniiiMtct I. LOW INTKH- -No. M UUOADWAY. connoctiMl by l)OrOI.A8 HK.NBV, rnABI.EHSKTON IlENRY, Rollroad and Investment Seenrlties. MomberN.Y.btuek Kx. Member N.V.MIu. Stock Kx. jai UcviMWlilri' .^IffOt, lloaUMl. .Mk.s.1. Danikl WAitnxu). aOOTHBRH CECinUnM A BPSOtAtTT. C. H. Bachem, A. H. Brown & Co., Howard Lapsley & Co., (Kdr.MEBLY i.i.mbkut a CO.), BANKEU AND BUOKEn, BANKERS AND BIUonda bouirht and Bold on coramlMton (or oiuli or on upprored margin. Coliectluua uude Special attention to boslnew of oonntrr banks. throutfboul LTnltod StAtos. John Pondib. AuausTVa Nathan Stewart Brown's Sons, Pondir & Co., Seaboard Bank, No. 88 PINE 8TBEET, stocks, Bonds & luYestmcnt Securities Organized under the State Ijiws of New York. NEW YOKK. 30 EXCHANGE PLACE, N. Y., W^eUes Butldlue, 18 Broadway, N. K. CAPITAL 9500,000. STOCKS AND BONDS nOCOHT AND SOLD ON Orders executed on tho Ijondon and European market. W.A.PULLMAN President. COMMISSION. 8. O. BAYNB Vice-President. B.G.NELSON (;aahler Coll J. TuKNKK. jas. Tuk.neh. n B. LiNSLar DIRECTORS: Memb. N.Y. Stook Bxcb. Special. Charles WnzsLiit, D. O'Dat, Jos. Seep, N. Mehlen, C. Turner & Co., w. A. Roas. J. J. VANiiEROBirr. J. L. II. Smith, b. O. Baynx, BANKKKS AND BROKERS, W. A. POLLMAN. 15 Broad & 35 IVaU 8ts., New York, Solldta deposits from banks, on which liberal inter- est will t>e paid on dally balances. Makes collections, MILLS BVILDINO, Itoam 7, SeconA Storv. transacts a general banking business. Hakes call or time loons on Oil CcrtUlaitcs, Produce Receipts, Bills STOCKS, BONDS, GRAIN AND PROVISIONS of Lading and other marketable secnritlea. bought and sold In New York and Cblcogo markets, cG Co. SHUUiANS.jKwrrT.Pres. Josiah JcwrrT,V>Fr«s BANKERS, WiLLiAu C. Corn wcuLs Cashier. John S. James & Co., No. 18 WALL STREET, New York, Bank of Buffalo, Coiiiniission Stock Brokers, Transact a General Banking Business, Including CAPITAI., ...... S300,000. the purchase and sale of STOCKS and BONDS for No. 3 BROAD STREET, NEW YORK. cash or on margin. BUFFALO, N. Y. John 8. J.^mes, Member N. Y. Stock Kxch. Bay and Sell Investment Securities. Member N. Y. MinlUK Stock This bank has superior facilities for naklrur col- WAHHrv T I AMca I & WAKREN 1 . JAMBS, P. O. BOX 2,847. lections on all accesdiblo points in the United j j(„,,, i-ctroloura Kxctl. A. M. KIDSIB. WavlandTrasie. States, Canada and Europe. Libera) terms eztcndod stocks. Bunds, &c., bought and sold for cash or on H.J. MoEgl. w. c. iixll. to accounts of bankers and merchants. margin. COHKESi'ONUKNTH.—New Yoflc, Nrttionnl Shoe A Leather Hank; London. Cnlon liiink of London. B. C. HUUUBBT, JOUX J. C. BCMBCBT. Member N. Y. Stock Ezch. E. C. Humbert & Son, "govtiQu ^anlitrs* BANKERS AND BROKERS, 25flN£§T. -t^euj^ORiO Blake Brothers Go., No. 20 WALL STREET, & Purchase and sell on Commission DsrXEL BCILDINO, NEW YORK. GOVERNMENT and RAILROAD BONDS and STOCKS, and all classes of Securities dealt In ut the NKW YORK Solicit accounts and agencies of Banks, Rallwayv, Cahoone & Wescott, STOCK EICBANOK. or all reputable Securities Corporations, flrma and IndiTldnaTs. upon friTor- No. 3 Now Street As No. 83 Broadway, bought and sold in the OPEN .MARKET. LOANS able terms; also orders for tho purcbaso and and COM.MEUCIAL PAPER negotiated. Interest sale of Bonds, Shares, Ac, Ac, on Commission COVER^':nEKT BONDS, paid on DEPOSITS, subject to check. on the Stock Exchange. HXOCKS AND INVKSniENT SECURITIES Negotiate Railway, State and City T^ans, and TIIDE LOANS NEtiOTIATED. IsHue Commercial Credits arallablo In all parts of Btzpben Cahoone, Jr.. Wm. P. Wescott. the world. Member N. Y. stock Exchange. ENSLOW, Nederlandsch Indische Randall & Wierum, ^ASTON 50 EXCHANGE PI-ACE, Mrts Handelsbank, Brokers in Unilrond Stocks and Bonds, BANKERS AmSTERDAIV, HOLLAND. aovERxnEsrs a rosBioy exouasoe. ESTABLISHEn IN 1.S03. AND BROKERS. MEMBER OF NEW YORK Obas. K. ranuali, Otio C. WBiaou STOCK E.XCIIANGE. Pald-rp Capital, 12,000,000 Gallders Member N. Y. Stock Bxchanse. DEALERS IN ($1,800,000 Gold.) Douglass Green, AMERICAN BANK HEAD OFFICE IN AMSTERDAM. NOTE STOCK. Agencies in Batarla. Soerabaya and Samaranir. 16 EXCHANGE PLACE, NETV ¥ORK. Correspondent.'* In Pudang. Issne Commercial crcdit.s, make adyances on ship- OOVEBNMENTS AND FOREIGN EXCHANGE. No. 70 Excliange Place, ments of staple merchandise, and transact other Soatliorn Securltlem and District of Near Broadway, NBW^ YORK. buslne.ss of a financial character In ooanectlon with Columbia Securities a Specially. the trade with the Dutch East Indies. BLAKE BROTHERS & CO., Wm. P. Humbert & Co., IAoents for North America, BANKERS AND BR0K£B3, 18 WALL STREET, NEW YORK. 28 STATE STREET. BOSTON. No. T Nassau Street, Nenr ITork. So* p. & Wm. UrMBKRT. Edwabd S. Bxnkdict. Adolph Boissevain & Co. Member N.Y. stock Kxcb'ge, BANKERS, Member N.Y. Produce Exch'ge. AS Broadwiiy, cor. Exchnnire Place, N, Y BANKERS Branch Office, i'iS La Sallo 8t., Chlcaso. AND TRANSACT AGKNKHAL BANKING BUSINESS, William Pollock, INCLUDING TllK I'UliCH A.SK A.NI> SAI.K OV coninissioN in br chants, MEMBER NEW YORK STOCK BXCHANGE. STOCKS AND BO.ND8 FOR (-ASH OK ON MAR- GIN. BUY AND SICI.I. I.Wl'.STMKNT SKCURI- TIBS. INTEREST ALLOWED ON DEPOSITS AMSTERDAM, HOLLAND BANKBR AND BROKER, SUBJECT TO CUKCK AT SIGHT. 25 PINE STREET. NEW YORK. P. O. Box 447. N. Y. Correspondents—Messrs. Blake Bitos. A Co. D A. BOODT, C. W. MCLILLAX JB. Buys and a^Wa on commtssioii. or cairlea on mantln* RECBSH Lbland. all Becurlties dealt la at tho New York Stock £x- Hong & Shanghai ohnntie Kong

NV. i:. PJCABL. DTBB PEABL, B.ANKING CORPOR.ATION. Member N.Y. StooklBzeh. CAPITAL (paid-up) »3.000.000 RESERVE FUND U,aSO,000 Pearl & Co., BANKERS. UEA O OFTICB. BONO KOSO. B IT I L I grant Drafts, Issne Letters BANKERS AND BROKERS, UNITED BANK D N O , Tho Corporation of Wall Street, Corner Broadway. Credit for use of Travelers, and negotiate or collect No. 5 NEW STREET, illlH pa)al>lc at Bomliuy. Calcutta, StogBpore.SollOO. NEW ITOBK. BTOOKS. BONDS

(5mxn&iixn gawlijevs. 'gimnsvUvnni^ ^mxhiavs. THE Imperial Bank ofCanada. E. W. Clark & Co., Anglo-Californian Bank CAPITA!, (paid up), . . .$1,300,000 BANKERS, (LIMITED). $460,000 IiONDOlV, Head Office, 3 Angel Court, RESERVE, No. 33 South Third Street, Philadelphia. H. S. HOWLAND, Pres't. D. R. WILKIE, Cashier SAN FKANCISCO Office, 422 California, St. HEAD OFFICE, TORONTO. DEALERS IN CAR TRUSTS ANB OTHBR IN- NEW irORK Agents, J. & W. SeUgman & Co. BRANCHES: VESTMENT SECURITIES. BOSTON Gonespond'ts, Massacliusetts N. Bk. St. Catharines, Port Colbome, St. Thomas, Ingersoll, Stocks and Bonds boUKht and sold on Commission Woodstock, Winnipeg, Man,, Capital, - - - Wetland, Fergus, Antliorlzed $6,000,000 Brandon. Jos. M. Shoemaker. Robert M. Janney Paid-up Capital, .... 1,500,000 Dealers in American Currency & Sterling Exchange.

I in Y'ork: Beaerve Fund, 350,0*0 Agents in London : Agents New Jos. M. Shoemaker & Co. BOSANQtTIiT, SALS' & CO.. BANK OF MONTREAL, business. Issue Com- 60 Street. BANKERS AND STOCK BROKERS. Transact a general banking 73 Lombard Street. I WaU available in all mercial credits and BUlsof Exebanfze. Promptest attention paid to collections payable in No. 134 SOUTH TIIIRD STREE1 of tlie world. Collections and orders for Bonds, , parts any part of Canada- Stocks, etc., executed upon the most favorable terms. Approved Canadian business paper discounted at PHIEADELPHIA. FREI>'K F. LOW, iManajiers. on reasonable terms, and proceeds the Head Office Dealers in all issues of United States Bonds. Invest- IGNATZ STEINAART,!"""**®"- remitted by draft on New York. P. N. I/ILIBNTHAL, Cashier. ment Securities a specialty. Correspondence invited AGENCY OF THE and full Information upon anancial subjects furnished Bank of Australasia, Bank A. P. Turner & Co., (INCORPORATED 1835.) BANKERS AND BROKERS, Tfareadncedle L,ondon, Enitland. OF No. 4 8t.. No. 207 WALNUT PLACE, PAID-UP CAPITAL, £1.200.(X)0. UNDIVIDED PllOKITS (IncIiidinK Guarantee and British North America, FHIIiAI>EL.PIIIA. Reserve Funds) £453,114. No. 52 TVAI.Ii STREET. Letters of Credit and Drafts Issued on the 10' branches of the Banit in the Colonies of Queensland. Buy and sell Sterling Exchange and Cable Trans- Geo. B. Hill & Co., New South Wales, Victoria, South Australia, Tasma- demand drafts on Scotland and Ireland, nia, and New Zealand. Bills negotiated or sent for fers. Issue BROKERS, Collection. Telesraphie transfers made, deposits also on Canada. British Columbia, Portland, Oregon periods received in London at interest for fixed on San Francisco and ChicaffO. PITTSBURG, PA., terms which may be ascertained at the ofiice. Secretary. 1 KCUIiAR NOTES issued In Pounds Sterling PRIDEAUX 8KLBY, C Buy and sell all classes of Western Pennsylvania available in all parts of the world. Securities. Correspondence solicited. Bills collected and other banking business trans- Gerhard & Hey, acted. D. A. MCTAVISU, } Agenis.Agents H. 8T1KBMAN, S R E V A L,. galtlnmvc ^auUirrs. OFFICES AT I.EIFSIC, BISRI^IN, niOSCOTF, ^jcw gtifllaurt gaixtvevs. J. W. MIDDEXDORF, \V. B. OLIVER. C. A. ALBERTI Members Baltimore NIJNI.SrOVGOROD, diuing the Fair. Stock Exchange. Commissioners & Fonrardiiig Agents, Brewster, Cobb Middendorf, Oliver & Co. SHIP BROKERS. BANKERS AND BROKERS, S. W. Corner G«riuau & South Sts., Undertake to cash Bills, Advances and Frelffht- & Estabrook, P. O. Box 897. BA LTIMOKE, Amonntu ; execute all orders In the line of BankinK, Md. Commission and Forwarding Business on the most BANKERS, Special attention given to tlie negotiation of For- moderate terms. eign Bills of Exchange, Collateral Loans and Com- Ship-owners are requested to address vessels boond No. 35 CONGRESS STREET, mercial Paper. for Reval unto the care of INDICATORS AND TELEPHONE IN OFFICE. GERHABD & IIEIT, BOSTON. REVAU RUSSIA. MEMBERS OF THE NEW YORK AND Robert Garrett & Sons, BOSTON STOCK EXCHANGES. BANKERS, ALSO. ^'dnn&imi gatiTicn;*. Dealers In IHiiulclpal, State, Railroad No. 7 SOUTH STREET, and United States Bonds. BALTIMORE, Merchants Bank TRANSACT A GENERAL DOMESTIC AND Bank of Deposit, FOREIGN BANKING BUSINESS. OF CANADA. 84 DeTonsliire <& 20 Water St8.,cor.opp.r.O, Capital, $5,700,000 Paid Up. B O S T ON . Wilson, Colston & Co., Interest on deposits sutfiect to eheck. President, ANDREW ALLAN. Esq. Bonds and other investments bought and sold. BANKERS AND BIIOKBRS, Vice-President, ROBERT ANDERSON, Ksq. BEAU OFFICE, inONTREAIi. Correspondence invited. BALTIMORE. Orders executed at Boston and Sew York Slock INVESTMENT and SOUTHERN SECURITIES a GEORGE HAGUE, General Manager. Exchanges, of tehich we are members, specialty. J. H. PLUMJIEK. Assistant General Manairer. Correspondence solicited and Information fur- BANKF.Ug: nished. LONDON, ENG.—The Clydesdale Bank (Limited.) F. A. Hawley & Co., N. Y. Correspondents—McKim Brothers jc Co. NEW YORK—The Bank of New York, N.B.A. BANKERRS. The New York Agency buys and sells Sterling Ei- cbange. Cable Transfers, issues Credits available in all parts of the world, makes coHectioas in Canada Perkins, Dupee & Co., 'WitsttTai ^ixxikzxs. and elsewhere, and is,sues Drafts payable at any of the offices of the, bank in Canada. Kvery description of foreign banking business undertaken. (Formerly Chas. A. Sweet & Co.), NewlTork Agency, No. 61 IVall Street. The First National Bank. BANKERS AND BROKERS, Grand rapids, Mich.. Feb. 34, 1S83: HENRY HAGUE, ) Agents.a„™.. JOHN B. HARRIS, JR., S The First National Bank, of Grand Kiipids. located No. 40 STATE STREET, at Grand llapids, in the State of Michipan, is closinK up its affairs, its corporate existence, having expired MASS. on February 24, 18b3. All note holders and other Bank of Montreal. BOSTON, creditors of said association are therefore hereby notified to present the notes and other claims against Dealers in Municipal, State and haiiroad Bonds. the association for payment. CAPITAI., ... $12,000,000, Gold. HARVEY J. HOLLISTER, Cashier. SURPLUS, ... $5,500,000, Gold. Parker & Stackpole, C. F. SMITHEES, President. The Old National Bank W.J. BUCHANAN, General Manager. BANKERS OF GRAND RAPIDS, MICH. No. 60 DEVONSHIRE STREET, Ulmtt, - - - • NEW YORK OFFICE, Capital $1,500,000 Capital Paid in, > • > 400,000 Nob. 59 & 61 W^AIil. STREET. BOSTON. Referrinjf to the foregoing the oflQeers and directors Walter Watson, ) . of the 0\Ai NATIONAL BANK OF GRAND J^K™*'-„„„t. Joshua Wilbour, Charles H. Sheldon, Jr. ALEX'K LANG, J RAPIDS, beg leave to announce that on Monday, Benjamin A. Jackson, Willlam Binney, Jr. February 20 inst., they will continue the business or Bny and sell Sterling Exchange, Francs and Cable banking in all ita branches, at the same place of busi- ness, as successor of the First National Bank of Transfers; grant Commercial and Travelers' Credits, Wilbour, Jackson & Co., Grand Rapids. available In any part of the world; Issue drafts on As substantially the same manaprement will con- BANKERS AND BROKERS, with equal and make collections in, Chicago and throughout the tinue in the new orcanization. Ciipital (which will be speedily doubled) it is hoped th© Dominion of Canada. 62 WEYBOSSET STREET, generous confidence and patronage so long bestowed upon Its predecessor, will be continued to the present R. I. liondon Office, No. 9 Blrcliln liune. PROVIDENCE, Institution, S. L. WITHET. President. Dealers in CommercIiU Paper, Government and H. J. HOLLISTER, Cashier. other first-class Bonds and securities and Foreign Kxchange. Thos. M. Thornton. Wm. W. Thornton. Cash Gzowski & Buchan, Private Telegraph Wire to New York and Boston. BANKERS AND STOCK BROKERS, C. E. Jackson & Co., (Kstautiahed 3859.) TORONTO, CANADA. BANKKRS A.IVI> ISROK£RS« miDDLETOWN, CONN., SHELBYVILLE, ILLIXOIS. Prompt attention (riven to Collection of Commer- Collections made in Shelby and adjoining Coantio» Blal Bills and Canadian Funds on all points in Canada Proceeds remitted on Day of Payment. Buy and sell Municipal and American and Sterling Exchange, and Stocks, Bonds, Government, State, and RKFEHKNCKr?— National iiank of Commerce.New etc., bought and sold. Railroad Bonds and Stocks. Investments for Sav- York. Union Nutl.mal Bank, Cincinnati. Thdd Correspondenu-Bunk of New York, New Tork; National Bank, St. Louis. Traders' Bank, Chic ikO. AlUunca Bank, and lisudon. ings Banks a specialty. Correspeodence solicited. Indiana Banking Company. Indianapolta. :

Mat 13. 1883.] THE CHRONICLE.

TOlcsterti '§mxUevs. Si^st ^ompn'dits. ^^iwjtnctul Compauica. N. W. Harris & Co., United States Trust Co. II<>n«'K<,v <>iiiifiiiiteeUlN Uljy and Cur Trust Iluught and S<.>ld. receiver of cstntos. HKI^OHITS. ACCIDENT The fnndlnir of entiro Inuen r<^celT«s iipeclal att«a- INTKRR3T ATXOWKD ON INfllJRANCB. Pnllclen Hfliicfl nffiiln.t aoddenta oanaliia Uou. Write ua It jrou wish to buy or aelL which may be raudo iit any time, and wtyidniwn aft«r ^^ daath at totally dUiiblUiK Injurlun. five days' notlci!, «n'>'"<><"«>° >••" omca. ITV Bniad- Kxi>outors, iKliiiltilstrittorn, or trustees t()mod to the transaction of busU Montana National Wm! m. HiriiAnrifi. Preat. JouM M. Craki, iivsH, aM well as n-IlKlousand benevolent Instltutlonrt, IJiKKCTOKa-UBoriie Sae'r. will wmvenlont depository for T. llopa.U. u. Williama, Oao. IIKLKNA, n. T. find lhl« cther securities. B it O K K K S Uelitfious aud charitable Institutions, and persons unaccustomed tn tlie transaclion of business, will And this Company a safe and convenient depository AMERICAN CINCIiNNATI. OIII9. for money. CHAS. H. MAltVKN. Vice-Preaident. TRLSTKKS: ESTABLISHED 1S71. John P. Rolfe, Chas. K. Marvin, Henry K.Sheldon, FINANCE COMP'Y, E. F. Knowlton, Joslah O. Low, John T. Martin, P. F. KELEIIER & CO., TI. K. Plorrepont, Alex. McCue, Kdm'd W. Corlles B So 7 Naaaan Street, Neiv York. Alex. M. White. A. A. Low. Fred. Cromwell. 805 OI.IVE STRKKT, ST. LOUIS, Henry Sanger, Mlch'l Chauncey, C. D. Wood. 31 Soatb Third Stfee., Fhlladelpbla. Sealers In IVcKtern SecurltleB. WM. H. MALE, Secretary. Jas. B. CUORAN. Assistant Secretary. Defaulted ItondA of Missouri Kansas and Illinois Portiaac Block, Chicago. Specialty, (iood lnve!*tnient Securities, paying 4U to 10 per cent, fur sale. References in New V.irlt. by porinlasion, Clark Metropolitan Trust Co., Capital stock, • • • S1,000,00€ Bnd«e * Co.. 51 Wall St.; Hatch t Foote, 12 Wall St. References In St. I.olii^. Bunks fzenerally. Milla BuiMhip, 35 Wall St., New York. SOUND INVESTMENT 8ECURIT1K8 tumlsbet PAID UP CAPITAL, $1,000,000. Corjjorate and Private Investors. Deslffnuted as a legal Depository by o refer of Su- to ^ivctiott ^alcB. preme Court. Ueceivo deposits of money on Interest, CAPiTAIi FURNISHED OR PROCURED fOI act as fiscal or transfer agent, or tnntee for corpora- Railroad Companies having Unas under oonstructloa tions and accept and execute any lejiftl trusts from persons or corporations on as favomble terms aa and their bonds purchased or negotiated. other similar companies. FINANCIAi NEGOTIATIONS conducted fot THOMAS HILLHOUSE, Preslder... and Cities, and for Ballroad Com- STOCKS and BONDS FllKDKKIC D. TAPPEN. Vice-President Counties, Towns WALTKll J. BIHTTtN. Secretary. panics and other Corporations. At Auction. WILT.. CONDUCT THE FINANCIAL RKOROAN. IZATION of Railroad Companies and other Corpora- The UnderBlgnpd hold REGULAR AUCTION ^afu gcposlt ^ampmiits. tions whose property la la tha bands of Heoelrera or SALES of all claases of Trustees. MAx\IIATTA]X WILL BUY AND SELL INTESTHENT 8ECUB. STOCKS AND BONDS tTIES on Commission. ON Safe Deposit& Storage Co wax. BUY OR SELL DEFAULTED BONDS or WEDNESDAYS AND SATURDAYS. eonvert them Into Interest.paylng tavestmenta. 346 & 348 BroadWHy, information furnlahed on ap- in[IJl.LER Circulars and other ADRIAN H. & SON, Cor. of Leonard Street. NEW YORK. sUcatloa. Receives for safo-keeping, UNDER GUARANTEE. No. 7 riNE STRKKT. NEW YORK. Bonds, Deeds, Wills and other valuable papers; Silver- JOHN C. SHORT, Prealdent. ware. Jewelry. Paintings, Silk Goods, Old Business Accounts, Ac. Wn. P. 'WATSON- Seo>r and Treaa, 'investments. Sales to rent from $10 to $200 per year. Safe Deposit Vaults M>veci:xl %uvestments. Geo. K. Sistare's Sons, OF L. Grant, • 19 NASS.IV ST., TiEVr YORK, The National Park Bank H. DEALERS IN OK NKW YORK. No. 146 BBOADWAV NKW YORK. FI RST-CL.tSS INTES^TMENTS. 314 & 316 BROADTTAT. ENTRANCE THROUGH THE BANK. CITY RAILROAD STOCKS ft BONDS Bny and fUiII for on ComroisMon, cash or on mar- BOUGHT AND SOLO. kUi. nil securities dealt In at the New York Steele Sxctiango. Bankers' Safe Deposit Co Aee onotatlons of City Railroads In thta paper. Interest allowed on daUr balances. UNITED BAXK BUILDIxa, All deposits subject to check at sight. Street Broadnrar. Particular attention to orders by mall or telegraph. Cor Wall and Fred. H. Smith, S A~F~E S STOCK AND BOND BROKER, OF MOST APPROVED CONSTRUCTION FOR 20 BROAD STREET, NEW YORK. REED & HURLBUT, Bankers, Brokers, Merchants, &c. Railroad Secnrities a Speeialtjr. 63 WILLlAIfl STREET. DEPOSIT YOUR SECURITIES IN THX Intimate knowledge of all for post flftean yeaf» Information cheerfully given. Investors or daaleia FIRST-CLASS wishing to buy or sell arc Invited to communicate* State Safe Deposit Vault, All stocks dealt In at Now York Stock Ktohanga car- ried on margins. Cor. trtlllam St. Sc Excbanee Place, Investment Bonds. ronntr. City &: Town Hands ai W eat. Hiaiaa Hoder the National Bank of the State of New York. Wisconsin Centml RR. Old Land G ant Jondi BURGLAR AND FIRE PROOF. at. Joseph 4 Western RK. Stock. 31. Joseph A Paciac KR. B.jnils. City of St. Joseph Mo., Old Bonds International Improvement to. si MOr ptlona. Schuyler N.Warren & Co Brooklyn Klevated RR. Securtlies. Chronicle Volumes American Cable Co. Subscriptlots. 51 Exctaanj[e Place. Midland Railroad of N. J. Securiti. a. Chloaao A Grand Trunk KK. Saon lUaa. WANTED. Sooth Carolina RR- Securities. INVESTMENT SECURITIES. Grand Rapids A Indiana KK. 8ti. k. TolDmea 1, 3, 4, 8, 9, 10, 13. rinaintail Richmond A Vort Wa' ne Stock. € ty, Ballrosd. Oaa. Electric Llxht and MlacellaneoBj Stock* and Bonda. Applr It PahUoaUon Offl*^ 79 * 81 WUUam St. fS) ai PINK STiElT. N«W YOB* I THE CHUONICLE. [Vol. XXXVI.

^p^^eciat giixrjestmciits. .^pfjeciitl Ittwcstmcttts. S^ %tt Prentiss & Staples, Investors Attention. Welles Building.

Some offices, both larce and small, No. II "WAJ^Ia street, new YORK ^2aa TO sso,ooo. suitable ft)T Banking, Insurance, Broilers, Lawyers, and other SEVEIV PER CENT business purposes, are still unlet in this magnificent building, situated on Broadway and Beaver Street ST., BROOKLYN. Interest Net to 808 MONTAGUE Seiui-Annnal Investor. opposite Bowling Green. This building is : o thor- SECURITY ABSOLUTE. oughly flre-proof that the owner has no insirance CAS STOCKS thereon whatever. The boiler-room is outside ana First Mortpapes on Improred Property in Kansas separate from the building, which avoids all City, and good farms in Kansas and Missouri, worth dm. AND ger from explosion. Kvery office iswell lighted and from three to five times t lie amount of the loan. For ventilated, and the plumbing worlt is on entirely particulars and references address. an new system, and so constructed as to exclude sewer GAS SECURITIES, . H. P. MORGAN, General Agent, gas and noxious odors of every Icind, and every oiHca is abundantly supplied with pure spring water from an artesian well the premises. No. 3 Custom House St., Phovidence, R. I., Or on For rent and par- Street Railroad Stocks and Bonds ticulars apply in said building to JARTIS, CONKLIN & CO., Brokers, AND AIL KINDS 0» M. M. VAIE, KANSAS CITY, MO. BROOKI.T1V SECURITIES No. 18 Rroadway, Neiv Yorlc. DEAI.T IN. Investment Bonds. 8EH GAS QUOTATIONS IN THIS PAPER. FIRST-CLASS RAILKOAD BONDS, PAYING Geo. n. Prbntiss, Ctstjs B. Staples. Member N. Y. Stock Exchange. 5 Per Cent to 7 Per Cent 8 % First Mortgragres ON I PHH ANNUM ON AMOUNT INTMSTED, COTTON PLANTATIONS, A. Beasley Co., FOR SALE BY W. & VOUTS THRJEE TIMES THE TOBET &, KIRK, LOAN. RANKERS For security, proBt, Income and area, these afford No. 4 BROAD STEEET, NEW YORK. most deairabie income security. These investments are made under our personal supervision. AND DEAI.EnS IN BEEAULTED SECURITIES Send for circular. taken in payment at full market rates, when desired. FRANCIS SiniTH A: CO.,

ISiTESTIHElVT IS O Bi D S , INDIANAPOLIS, IND.; VICKSBUBG, MISS. C. Chew, MONTGOMERY, ALA.; COLUMBUS, MISS. J. No. 98 Broadway, Neiv ITorlc. No. 7 WALL STREET, NEW YORK. TEXAS RAIL'WAYS, Car Trust Bonds. We offer a large line of CHOICE Railroad BONDS, LANDS, ice. WK MAKE A SPECIALTV OF THESE VERT SAFE SECURITIES, SIX PER CENT bonds on desirable terms to Desirable Texas Securities for Investment con- AND BUY AND SELL SAMB stsrtly on hand. AT MARKET PRICE. bnyerg and InTestors. WE OFFER A LIMITED AMOUNT OF DESIB ABLE CAR TRUST ISSUES, ADDITIONALLY %xittxts%f §iMijdttitls^ Set. SECURED BY THE DIRECT OBLIGATION OP THE RAILROAD EQUIPMENT COMPANY. PEIVNSXI.VANIA RAII^ROAD CO., No. 21 NASSAU STEEET, TllEASUREU'S I^KPARTMENT. POST, MARTIIV &. CO., Philadelphia, May 1, 1883. No. 34 PINE STEEET. dealer in The Board of Directors has this day declared a Seml-annnal Dividend of FOUK PER CENTuiJon the capital Stock of the Company, clear of all taxes, pay- CITT RAIEWAY STOCKS. able on and after May Vi*, 1883, to Bhureholders, as registered on the boolis at 3 o'clock.!'. M., April SOlh Albert E. Hachfield, lilt. TIio said dividend will be pjUd in the propor- ffAS STOCKS. tion of two per cent in cash, and two per cent in 8 & 10 PINE STREET. Bcrip, redeemable in cash upon its delivery, or con- Telegraph an«l Cable Stocks. vertible into the Capital Stock of the Company at Bonds and Investment Securities par. prior to August 1, 188S, when presented in sums of fifty dollars. IV A N T E D: TRrST COS.' STOCKS. Stockholders will also have the option of subscrib- ing at par to the Stock of the Company, lii the propor- Indianapolis & St. Louis Ists. tion of four per cent of the number of snares registered Rank Stocks. Insnrnnce Stocks. Joliet !c Northern Indiana Ists. in their names April 30, 1883. Those who are entitled to a fraction of a share can subscribe for a full share. Romo Watertown A Ogdensburg, let and 3d M. Bd»« subMcriptions for THE ^VESTERIS All must be made and paid in full Missouri Kansas e.) PER SHARK. A. A. Low, S, 1>. Babcock, David DowB, To Investors. wtyable at the office of Lounsberv & Haggin, Mills Fred'kH.Cossitt, L N.Phelps, Geofife W. Lane. Building, No. 15 Broad Street, on the 31st inst. Jac"bD. Verrnilye Joo. Thome, Henj. B. ShermaOh BROOKLYN AND NEW^ TORK Transfer books close on the 2")th inst. Wm. Allen Builer Amos H. Eno, .). l'ieriK>nt Moryitf SECURITIES. K. P. LOUNSBERY. President. Percy R. Pyrie, Gusfv Schwnb Chas. Lanier, Wm. II. Appleton J. P. Walbice. (ieorpe I. Seney. city bonds, RAIIiWAV &. NAVIGA- Edm. W. ( orlie.", .losiahM.Kislio Chas. G. LandoA. FRANK B. BEERS, OREGON Geo. MaeC.Mitier. H.F.iSpauldInK Wm. H. Webb, TION CO., New York. May 8. 1883. GAS STOCKS, CorueliusN. Bliss J. S. Keunedy, Fred. P.OIoott. 16 Court St, 31 Pine St, The annual meeting of the stockholders will be R,\IL.ROAD held in Portland, Oreg(m, June 18, 188;(. Thestock BROOKLYN. NEW TORK. STOrK9 transfer books close May 18 and re-open June 20, i^jyencer Trash. Geo. F. Peabody^ 1883. T. H. TYNDAI,E, E. S. Assistant Secretary. Bailey, OREGON * TRANSCONTINENTAI, Spencer Trask & Co., 7 PINE STREET^ COMPANY, New York, May 8. 1883. dbalinqs in The annual meeting of the the stockholders will be BANKERS AND BROKERS, held in Portland, Oregon, Juno 18, 1883. The stock IlVSURA^rCE STOCKS transfer books close May 18 and re-open June 20, 70 Broadway, New York Citjr. 188a C. A. SPOFFORD, A SPECIALTY. Assistant Secretary. Transact a General Banking Business Cash paid at once for the above securities ; or they will be Bold on coramiBston, at seller's option. OREGON IMPROVEMENX COMPANY, Stocks Bought and Sold on Margins. New York. May 8, 1883. The annual meeting of the stockholders will be Interest Allotted on Deposits. held in Poi-tland, Oregon, June 18. 1883. The stock transfer books close May 18 and re-open June 2j, BRANcn Offices, 1888. T. H. TVNDALK, Secretary. Connected bi/ Prirate TVircs, .T. P. WI]VTRI!VGHAM. LINCOLN NATIONAI. RANK, Philadelphia, 133 So. Third St., C. F. Fox OAS, INSUEANCE, New Yokk. May 1, 1883. BANKSTOCKS,&a The WESTCHESTER, New York, TOWN BO> DS. Albaiiy.N.Y.,6,5 & 67 ?tate St.,"W.A.GR.\VBa SBCUMTrBS BononT at the AtrcnoN salbb. and Coupons of the same, now dae and mnturlng, will be paici on presentation at the Lincoln National Providence, B. I., 13 Westminster St. . 36 PINK N, STREET, Y. Bank, 6 Vanderbllt Avenue, New York City. Send for Ctrcnlar. J. H. B. EDGAR, Cashier. Saratoga, N. Y.. Grand Union Hotel, xmm HUNT'S MERCHANTS* MAGAZINE,

REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATB3

rBnt«n>d, •cooTdlBg to »ot of Confrrem, In tbe year 1883, by Wm. B. Dama A Co., In the office of the Uhrariui of Oonfrresa, Wuhinfcton, 1). 0.|

VOL. 36. SATURDAY, MAY 12, 1883. NO. 933.

CONTENTS. In the meantime our stock market and all departments THE rHBONIOLK. of business remain in a very quiet state, with the present The Flnnnclttl Sltnntion 519 MonetBry and Commerclnl | situation one of real strength and hope. In the absence RallroHd Knrniii^H iii April, | GnuliBO News S24 and'froiu Jaa. 1 to April 30. 522 I Commercial and Mleocllaiieou8 of any disposition in the general public speculate, News 526 to some I THE BANKERS' GAZETTE. circles have appeared to find encouragement for higher Money Market, Pon^ljtn Ex- QiintHtlnns of stocks and Bonds ^"29 ctaange, U.S. Securities, Stare New York Local Securities... 530 market values later on, in the disposition our Legis- and Railroad Bunds and Railroad Karninfcs and Bank Stocks 527 Returns 531 lature has shown to widen materially the class of invest- RaoKe in Prices at the N. Y. National Bank Betums 532 Stock Exoliauge 528 Investments, and State, City ments corporations are allowed to put their money and Corporation Finances.. 533 THE COMMERCIAL TIMES. into. The main bill covering this point (called the Page

Oommeroial Epitome .'iS? I BreadstuBs 513 Cotton Bill) is with 537 I Dry Goods 541 the oce regard to savings banks, allowing them to invest in any securities which the Superintend- ent of the Banking Department, the Governor, Comp.

Thb Comkbroial and Financial Chronicxs t» ptibiUhed in troller and State Treasurer, or a majority of them, New York every Saturday morning. may approve. Another is the act (called the Bowen f Entered at the Post Office, New York, N. Y., as second-class mail matter ] Bill) permitting fire insurance companies to invest their OF IN TERMS SUBSCRIPTiON-PAYABLE ADVANCEi surplus in any securities within the discretion of their Board For One Year (InoludinK postage) iflO 20. ForSiiMonths do 6 10. of Directors, if approved of by the Superintendent of the Anna.il subscription In London (including postage) *2 78. Sixmos. do do do 1 Ss. Insurance Department. Still another is the general act Subscriptions will be continued until ordered stopped by a wriiUn order, or al the ptMUation office. Tbe Pulillshers cannot be responsible (called Mr. Mackin's bill), which authorized any corpora- lor Bemtttances unless ma

crop report of the Agricultural Department at Washing- is certainly an innovation, and will, we doubt not, be care-

ton (full details of which we give in our Breadstufis and fully considered before it is signed. The Connecticut law Cotton Reports today) has certainly been reassuring. In permits savings banks to invest in bonds of railroads that substance the report estimates the first of May outlook as have paid interest upon their bonds, and an annual divi- indicating a loss in winter wheat of 77 million dend upon their stock of at least five per cent for the pre- bushels, compared with last year's yield. But ceding five years. No objection could certainly be made the Department states that an increased area to such a provision, and something in that direction would will be given to spring wheat. Hence a fair conclu- seem to be quite desirable in view of the difficulty holders sion from the whole report is, that with a favorable season, of trust funds now find in securing any considerablQ the loss on winter wheat will in this manner be in part return for their moneys put into any kind of quick asset

made good, reducing the net estimated loss in total which is at present authorized. With less than three pet

crop to possibly 40 million bushels or less. In view of cent obtained on investments in Government bonds and the very unpromising crop estimates that have been aQoat, the total outstanding all the time decreasing, with State especially during the past ten days, these figures are an securities becoming almost nominal in amount and very encouraging feature, the full influence of which, however, high, and with good city securities also scarce, it is not sur- *ill develop only as the season advances, and an actual prising that a disposition should exist to open the door to % favorable result becomes assured.' more diyeraiSed. class of investments. Of conrse, hQW< 520 THE CHRONICLE. [Vol. XXXVI.

ever, security is the first requisite in all these matters, but uncertainties as to the growing crops, to impart quietness

convertibility is another requisite for at least 40 per cent in speculative circles, is the advance in the Bank of Eng- •of the assets; and, furthermore, the classes for whose use land rate to 4 per cent, together with the rise in the quo- savings banks are intended are entitled to as large divi tations for foreign exchange and the firmness which has dends as may be compatible with security. These are characterized that market during the week. There has

features which, in the existing and changing condition of been no great activity in the demand for bills, and yet a our Government bond market, it will not do to ignore steady inquiry has prevailed for remittances against bank- while fixing limits for corporate investments. ers' credits, present and prospective, drawn in favor of Considerable discussion has also been in progress during American tourists, and in payment for railroad stocks, the week as to the effect on stock investments of the im- which are being returned from London quite freely of portant decision handed down on Monday by the Supreme late. The latter movement has been stimulated by the Court of the United States with reference to the power of a recent action of the Bank of England, which has limited State to fix railroad tolls for freight and passengers. The for the future advances to bill brokers and speculative question arose iu the case between the Chicago Burlington borrowers, who have heretofore been accustomed to rely & Quincy Railroad and the State of Illinois, and the upon the Bank, but now must look to the open market. decision seems to settle definitely and finally the authority This rule led to such a demand for money in London that of any legislature to do pretty much as it pleases in regu- the street rate advanced beyond the fixed minimum, being lating rates. In fact, unless the charter contains a clear full 3 per cent even at the latest mail dates, as will be

and explicit grant from the State exempting it from gov- seen in the letter of our London correspondent. ernmental control, or some positive contract on the part of Under these circumstances speculators in London have

the State under which the right to fix rates is conferred found it undesirable to trade to any considerable extent upon the road, the Legislature retains full jurisdiction. in American securities, and have reduced their holdings,

In the Burlington & Quincy case it was claimed that such returning, however, to New York only those dividend- authority had been granted, under a clause in its charter paying stocks which were readily disposed of. Remitting giving the company power " to establish such rates of toll for such securities has added to the demand for bills "for the conveyance of persons and property as they as already stated, and as the offerings of com- "shall from time to time by their by-laws determine." mercial have not been large, bankers have steadily

But the Court holds that this is to be interpreted as con. absorbed the supply and kept the market firm at the ferring authority only to pass by-laws which may be in advance. In the opinion of conservative judges of the

accordance with the laws of the State. situation, there is little probability of a rise in sterling to Many persons are inclined to look upon such a general the gold-exporting point. There is still a large amount relegation of railroad interests to the tender mercies of of grain to go forward and besides that, very considerable State legislatures, as tending to lessen the attractiveness suras are being invested in this country by E iropeans in

of railroad stocks as an investment. It is argued that various ways. Just now there appears to be an evi- under the authority of this decision States can and will dent disposition to go into the business of raising cattle reduce the revenues of these corporations until the main- on Western ranches. One banker puts the amount at this year for the pur- . tainance of regular dividends becomes impossible. This £5,000,000 which will be brought here might be done without any absolute hostility or even pose named. That is very likely an extravagant estimate. intent to cripple a road, by guaging the rates to more But, nevertheless, it is true that for very many industrial prosperous times which years of less activity would purposes foreign capital is finding its way here now and in demonstrate were insufScient. Such a suggestion gains a very considerable, amounts which will offset or help degree of plausibility from the attitude of some of the pay for the eecurities the London market may Western States towards railroads during late years, and return to us. Furthermore, if our crops turn out favor- also from the noisy anti-monopoly faction which has more ably, by the first of August preparations will begin recently gained a footing even in our own State. Still to be made for their movement, and that will furnish an we are inclined to think there is danger of exaggerating abundant supply of bills.

this influence. (1) Railroads are by no means at the The general tendency of the stock market this week has aaercy of "the people" even now. If pushed too far they been downward. Among the instances illustrating this iiave in combination, a power of protection which has now fact, Central Pacific has been quite prominent. There is,

and then been, and may always prove to be effective. in all probability, no direct connection between that {2) Then again when a State reduces rates below a living event and the presence here of a leading California rail- basis, the railroad is forced to reduce accommodations road manager, but the decline invests with new interest

•and " the people" quickly see that " to live and to let live" is anything that Mr. Crocker (who is President of the South-

not only right but politic. (3) Furthermore, no State has ern Pacific and Second Vice-President of the Central

all the railroad facilities it wants, but each is seeking to Pacific) may have to say about the relations between the secure more capital for its development. A little war on two corporations with which he is identified. In view, this interest therefore reacts against a neighborhood by pre- however, of the prominence that the Southern Pacific

venting railroad progress. (4) In these and other ways the lease has assumed in the Central Pacific's business of late masses are being educated up to a more just idea of years and the early expiration of that lease, Mr. Crocker's corporate rights and responsibilities. They started with remarks are certainly indefinite and non committal. He ad- the idea—encouraged for political cHect—that railroads mits, to be sure, (what we showed in two different articles always oppressors and in in the year), that the Southern Pacific lease is proving were the wrong ; but they earlier are gradually learning that while there are grievances to very profitable to the lessee, and that the lease has only a be redressed they need to be dealt with wisely as well as short period longer to run; but as to future arrangements he

firmly. Hence it seems reasonable to anticipate that will commit himself no further than to say that a longer lease blind political hostility against railroads will more and " under different conditions " is being thought of. Of more be confined to the less enlightened communities and course the public knew that under the circumstances the ' be of short life. " conditions " would be changed, but as tbe " difference Aa influence which has helped, in connection with the in the conditions will make a larger or smaller " difference . U .

Mat la. 1&88.J THE CHRONICLE. 621

income, tiiore is a disposiiion not XrayT. in the Central Pacific's — Mi>v8. Uott. May 10. Jbvlt. unreasonable, in the circumstances—to take tiie most Lona'n w.r. Loiul-n w.r. LoM'n N.r. Iml-ii n.r. LoMti K.r. pftew.' unfavorable view of the matter. Moreover, Mr. Crocker's vricM.' Vrttu. prteM prlMf.* pricm. friem.' prieu. trie—.' 'rrttm. VJa.u.o. 11018 ll»S4 I181M 118 Ittrm admission that he and his associates have sold "a little"-of il»M tl«-l« WtM ll»48 iin< 0.8.8H». lOS-W lOSti losm ioiH lOa-40 l

California roads are likely to get enough to do the coming years at this season it will be reasonable to look for a season. steady gain in the bank reserves at least until midsummer Another feature of the market has been the advance in as the direct result of the return of money from interior Central New Jersey, caused by the report, subsequently points. This season, however, we are likely to see the- confirmed, that the arrangements for the lease of the market much less influenced by the Treasury operations-

road to the Philadelphia & Reading were completed. But than it has been for many years. There are now no on the publication of the supposed details the stock declined unmatured calls for bonds outstanding, only $2,127,000-

on Thursday and Friday. This latter movement may have bonds of the 120th call remained unpaid on the 10th inst., been caused by sales by inside parties who profited through and bond calls are not expected to be resumed until early information regarding the intentions of the the commencement of the next fiscal year. Thfr managers, or by sales of holders who felt disappointed New York Clearing-House banks, according to reports that the Baltimore & Ohio would have no part in the collected by us, have received from and shipped to the- guarantee of dividends by the Beading. It was expected, as interior gold and legal tenders as follows the past week.

a preliminary act, that the Central would be taken ou t of the IU

that the examination of the books cannot be completed Currency. 14,836.000 teso.ooo Oaln.M,a8)l.009

QoW IS.OOO U&ln . 12,000 in time, so it has been decided to make the lease and leave

Total gold and le^al tenders. . 14,348,000 1690,000 Galn.|3,098.OOa the dissolution of the receivership to the directors. trunk-line properties The have been depressed this The above shows the actual changes in the bank hold- reports disposition further week by that there was a to ings of gold and legal tenders caused by this movement to reduce the rates on east-bound business, and rum ors have and from the interior. In addition to that movement our been current of cutting under the revised schedule. Pro- City banks have also gained $251,547 through the opera- bably the true reason for the decline is that liberal sales tions of the Sub-Treasury. Adding that item, therefore, of these stocks were made on orders from London by to the above, we have the following, which should indi - parties there who were disposing of their holdings for cate the total gain to the New York Clearing-Hous© causes above given. The retirement of Mr. Vanderbilt banks of gold and legal tenders for the week covered by from the presidency of the New York Central and the the bank statement to be issued to-day. As, however, the- Lake Shore has probably helped the downward move- Treasury payments last week counted only in part in the ment in those properties, especially as there has been very statement for last Saturday, the gain to-day should be little suppoit given them during the past few days. The larger than here indicated. demand for all railroad mortgages and income Into Out Banks Ifet Chan^

and transactions of over $500,000 a day in a single Banks' Interior Moyeraent, as above 14.348.000 teeo.ooo Gmn48,6«e.00O- net 2Sl,M7 Oaln. t31,M7 issue of bonds are by no means rare. The features on Sub-Treasury operations, Total gold and legal tenders (4.Se9,SI7 »9SO,000 Qaln.$8,B49,84T the Exchange this week have been Eichmond & Dan- ville Ists and debentures, Atlantic & Pacific incomes, The Bank of America received $400,000 gold during "West Shore Ists, and New York Chicago & St. Louis the past week on account of the associated banks, and paid Ists, in all of which there were very heavy dealings and out nothing in return.

a decided advance in prices. It is interesting to note that Government bonds were unfavorably affected early in the latter, the bonds of the Nickel Plate road, sold this the week by the expectation that the bills which passed the week at 103, against only 89 last October. But perhaps Legislature, permitting savings banks and other institu- the event of the week has been the success of the efforts tions to invest in miscellaneous securities, would be signed of Messrs. Vermilye & Co. in negotiating their second by the Governor. There appeared to be no pressure of mortgage bonds and of Messrs. Winslow, Lanier & Co. in bonds, but the decline was almost wholly due to a tempo- negotiating their West Shore & Buffalo Ists. Only rary absence of demand. $4,117,000 West Shore bonds wore offered, yet the total The Bank of England rate of discount was advanced on subscriptions reached $10,426,000. Thursday to 4 per cent from 3, at which it has stood since The following shows relative prices of leading bonds March 1st. The Bank lost £462,000 bullion during the and stocks in London and New York at opening each day. week, and the proportion of reserve to liabilities was re- . ...

522 THE CHRONICLE. [Vol. XXXVI.

daced f of 1 per cent. The Bank of France reports a OEOSS BARNINGS AND MILEAGE IN APRIL. reduction of 537,500 francs gold and of 1,675,000 francs Gross Earnings. Mileage. Sameofroad. silver, and the Bank of Germany, since the last return, Increase o; 1883. 1882. Decrease. 1883. 1882. shows a decrease of 907,000 marks. The following indi- $ $ cates the amount of bullion in the principal European Burl. Cea. Eap. & No. 218,252 178.301 +39,948 690 620 Central low.i 100.803 82.044 at the corresponding date year. + 18,761 2U banks this week and last Central Pacilic 2.033,000 2,051,687 -19.687 2,911 2.917 Cliicago & Alton 584.931 564.860 +20,121 817 847 Chic. & Eastern 111.... 123.037 123,881 240 240 jr«!/ 1883. Jfa)/ll,1882. -S44 10, Chic* Gr. Truukf... 2-29,613 191,122 + 35,491 333 333 Chic. Milw.& St. Paul. 1.972.000 1,517,569 + 454,431 4,528 4,260 Gold. Silver. Gold. Silver. Chicago & Northwnst 1,712.900 1,068,741 +74,159 3,580 3,251 Chic. St. P.Minn. &0. 419,535 377,288 + 42,247 1,150 1,013 * M £ M Chic. & West Mich.'.. 91,873 87,443 +4,430 410 371 Cm. Ind. St. L. &Ch.. 196,371 194,474 1,897 20.549.058 22,905,330 + 363 363 Bank of England Cleye. Ak. ACol 40,673 39,874 -1-799 144 144 Bank of France 40,275,280 41.932.428 35,919,836 46,010,335 Denv. &Kio Grande.. 573,700 556,900 +1(>,800 1,231 1,062 Bank of Qermany 7,752,162 23,256,488 7,054,000 21,162,000 Des Moines & Ft. D.' 16.911 18,327 —1,416 138 87 Detroit Lans's & No*. 89,011 89,971 —930 223 225 Eastern Total this week 68,576,500 65,188,916 65,879,106 67,202,335 266,961 258,149 + 8,815 283 283 EastTenn.Va. &Ga.. 265,534 220,402 45,132 64.983.004 66,123,048 + 1,100 900 Total previous week 68.969,113 67,119.228 Evansv. & T. Haute. 56.123 65,272 —9,149 146 125 Flint &Pere Marq. .. 235,935 188,569 + 47,366 355 345 The Assay Office paid $116,4 27 for domestic and Grand Truck of Can.t. 1,371,898 1.273,662 + 98,236 2,322 2,225 Gr. B,ay Win. & St. P. 36,868 31,292 + 5,576 225 219 $423,000 for foreign bullion during the week (the latter Gulf Col. & Santa Fe. 120,064 66,461 +53,603 482 354 HannihalA St. Jos... 193.481 158,113 +35,368 292 292 for doubloons which had been on deposit with one of the nUnois Central (HI.).. 463.307 499,931 -36,627 928 919 Do (Iowa lines) . 160.040 140,080 + 19,960 402 402 banks for nearly a year), and the Assistant Treasurer Do (sjouth. Olv.) 265,084 247,529 + 17,555 578 578 Ind. Bloom. & West. . 215,913 205,93) +9,979 684 514 received the following from the Custom House. Kan.CityFt.S.&Oult* 89,230 81,267 +7,963 388 362 Lake Erie & Western. 87,722 110,056 -22,334 383 333 Ooiisisling of— Little Rock & Ft. 8... 37,652 28,265 +9,387 168 168 Little Rk. M. R.&Tex. 29,156 21,066 + 8,390 170 154 DcUe. Duties. U.S. Gold Silver Oer- Long Island 170,215 159,197 + 11,018 328 328 Gold. Louisville &Nashv... 911,129 953,603 —12,474 2,071 2,028 Notes. Certlf. tifieales. Memphis & Cliar'ton 80,766 71,187 + 9,579 330 330 Milw. L. Sh. &We3t.. 84,185 67,523 + 16,662 326 276 May 4... $183,742 86 $8,000 $9,000 $121,000 $45,000 Missouri Pacihe' 423,454 373,693 +49,761 1,025 892 " 5... 246,116 41 5,000 11.000 181,000 52.000 Central Branch* ... 65,919 41,812 + 24,077 335 388 " 7... 385,515 40 13,000 22,000 242,000 108,000 Intern'l&Gt. No'.. 198,078 171,276 +26,802 825 775 " Mo. Kan. & Texas*. 308,209 30?,735 +59,474 1,308 1,230 8... 317,167 42 21,000 20,000 206,000 70,000 St.L.IronMt. & So* 386.653 407,183 —20.330 816 723 " 9... 302,611 69 12,000 15,000 205.000 70,000 Texas* Paciflc* ... 292,422 254,005 + 38.417 1,389 1,138 " 10... 386,989 72 9,000 24,000 239,000 64,000 Mobile* Ohio 128,462 141,957 —13,195 528 528 N. Y. & New Eiigl'nd. 268,853 261,044 +7.S0H 391 394 Total. $1,822,173 50 $68,000 $101,000 1.244,000 i409,000 Norfolli & Western... 175,-562 171,793 + 3,769 502 428 Northern Pacilic 67.1.200 451,023 +224.177 1,701 972 Ohio Central 67,988 81,448 —16,462 212 212 Ohio Southern 29.720 29,010 + 6S0 128 128 Peo'ia Dec.dtEvansv. 60,059 67,084 -7,023 251 254 BAILROAD EARNINGS IN APRIL, AND FROM Rich. & Danville 267,409 266.139 + 1,270 757 757 Char. Col. & Auc... 52,954 48,203 + 4,751 337 308 Columbia & Gi'v... 43,092 42,158 + 931 294 294 JANUARY 1 TO APRIL 30. Virginia Midland... 125,825 110.835 + 14,990 353 353 West. No. Carolina' ^12,267 67,738 + 1,529 190 165 Railroad earnings for April, though not as favorable Bt.L. A.&T.H.m.lluc. 103,04.5 97,965 + 5,080 195 195 Do do (branches). 57,760 67,136 —9,676 121 121 as in March, still make on the whole a fairly satisfactory St. Loais & Cairo 30,759 26,830 + 3.929 116 146 St. Louis & San Fran . 274.011 242,806 + 31.203 725 661 showing. The percentage of increase is small—9 per cent St. Panl&Duluth.... 77,782 63,988 + 13,794 209 194 St. Paul Minn. & Man. 812,008 570,890 +241,118 1,250 912 —while last month it was almost 17 percent. Further- Scioto Valley . .. 37,762 41,108 —3,610 132 132 Union Pactilo 2,199,231 2,362,001 -162,773 4,180 3,757 more, we are not, as in the earlier months, comparing Total 20,810,710 19,307,569 + 1,533,171 47,138 43,253 with a period when the earnings were unusually heavy^ April 1882 having recorded an increase of only per * Tiiree weeks onl.v of Aiiril in each year. 15^ t For tlie four weeks ended April 26. cent in earnings on mileage increased 14^ per cent. § Freight earnings. It should be said, however, that there was during the As in March, Northwestern roads must be assigned two months mentioned an essential difference between this first place in point of increase. Indeed, they are about

year and last in the grain movement. In April, 1 882, the the only routes that show any pronounced gains over a grain movement, though small, was larger than in the year ago, chief among them being the Milwaukee & St. of March immediately month preceding ; this year in Paul, the St. Paul & Omaha, the Minneapolis & Manitoba, March we had an extraordinary grain movement which the Burlington Cedar Rapids & Northern, and the gave the railroads unusual tonnage and earnings, but in Northern Pacific. The Chicago & Northwestern has a a April we had movement which was not only very much comparatively small increase ; but we see it stated—how smaller than in March, but which even failed to equal the far the statement is to be relied upon we do not know^

low aggregate of April, 1882, when merely an insignifi- that this road is suffering temporarily from a lack of cant remnant of the crops of 1881 remained to come insufficient motive power, a number of its engines having

forward. been destroyed by fire. But it should also be remembered,

In cotton, of course, the movement this year is very when comparing results with the St. Paul, as is frequently

much greater than that of 1882, but the increase was by done, that the Northwestern is operating about a thousand no means uniform throughout the South, and hence some miles less of road. of the Southern roads, particularly those running to "With reference to all the roads in the Northwest, it is

Mobile, have not shared in it, in one or two cases even to be said that they form an exception to the remark recording smaller earnings than last year. The movement made above, as to a smaller grain movement in April this

of general and miscellaneous freight, according to all year than last. On the contrary, Chicago, which is the reports, compares favorably with a year ago, and passenger principal receiving market for that section, shows larger traffic as a rule continues large, though in particular in- receipts of grain than in April, 1882 ; and, moreover,

stances we note an occasional falling off, traceable usually Chicago is a point that sustained no loss in this par- to some special circumstance, such as decreased immigra- ticular last year. To show, however, how the principal tion, &c., this latter being on the whole smaller in the lake and river ports compare in this respect, and where it

aggregate than in 1882, though some of the North- is that the falling off occurs, we give the following table

western roads report a heavier movement in it than ever of the receipts of flour and grain for the four weeks ended before. How these various influences have affected April 28, this year and last. In the case of the totals we different roads will be seen in the table below, giving have added also the year 1881, as that shows the move earnings and mileage of each individual road. ment from the large crop of 1880. THE (CHRONICLE. ^Mat 13, ie88.J 523 BBCEirrs OF FLonn and orxin for foor wekkii kkdbd ap«. 2H. figures cover only thr«a weeks of the month, tha fourth week being for some reason withheld. For the Flour, Wheat, Com, Oal; Hariri/, bbU. buth. 2iimA. bifh. biuli. biuk. Wabash, which is one of the northern connections now forming part of the Gould system, no returns ChlciiKO— 1,549,321 318.913 88,708 1Hh:I .... 1-13.248 447,170 3,352,438 whatever are furnished for April. The Oulf Colorado 18H2 ....133,986 297,031 2,573,08 1,305,884 172,034 35,201 Mll\vkc«— & Santa Fe, in Texas, continues to record great improve- 1H>*3 ....1181,609 297,745 100,060 166.003 291,729 25.630 1882....;i00,282 301,111 115,435 113,485 164,870 21,855 ment. To show what an influence the cotton movement 8t. Loulg— 426,087 113,7.36 7,560 1HH3 .... 103,305 335,953 949,025 was with Southern and Southwestern roads, we give the IHH! 123,319 481,022 l,32ti,y60 570,481 77,190 18,597 Toli'ild— following table of the receipts of that staple daring April 1883 .... 5,849 512,249 458,897 66,384 3.340 9,132 1882 .... 4,609 808,66B 887,427 81.S1U 8,000 110 at the leading Southern outports. Detroit— 1883.... 15,209 300,0.'. 3 152,729 03,.'>71 35.511 812 BEGEIPT8 OP COTTOS AT BODTnBRX PORT* IX APnif., 1893 A!n) 1983. 1882 .... 42,175 305,874 201,784 239,401 41,291 35 Clovcl'd— 15,52.% l"":! .... 0.117 52.090 50,500 48,700 890 1883. 1882. Differtnet. is-^j .... 0,882 28,750 117,010 63,860 13,01)0 541 r.iin;i— Qalveaton bales. 46,150 17,609 Inc 28,541 lb83 .... 3,615 21.600 510,180 803,100 30,100 55,830 30,600 1,176,180 841,200 36,850 51,850 ludtanola, dio 424 148 Ino 276 1882 .... 3,660 Orleans Daliitb— New 82,756 23,790 loo.. .. 63.066 128,509 Mobile 8.585 8,142 Deo.... 2,557 ISf^S .... Florida 2,888 174 1882.... 7,700 63,739 Inc 2,714 Savannah 28,817 14,655 Ino 14,163 Bninswiok, 9 183,649 1883 Port Royal, 1,856 1,237 Inc 1882.... 518.703 2,08i;.7n3 e,46J.553 3.41G,09a 50S,2;i.') 128,189 Ao 319 Wiluiint^ton 2,514 1,372 Inc 1,142 1931 ... 730,068 3.470,021 8,195,161 2,s8y,070 533,993 126,252 Morebead City, &c 680 360 Ino 320 Norfolk 34,667 17,200 Inc 17,487 West Point, &o 6,446 8,489 Dec... 2,043 Here we find, besides a decline from 730,968 barrels to

Total 228.029 106,595 Ino . .121,434 431,941 barrels in the movement of flour between 1881 and 1S83 (the smaller figures this year being perhaps The receipts this year, it will be seen, were over twice account'ed for by a restriction In the production of flour as great as last year, which brings the total up to above by Northwestern mills, owing to the high price for wheat, that of 1881. In the case of the individual ports without a corresponding advance in flour) total receipts however, the gain is not evenly distributed. New Orleans of all kinds of grain of only 11,782,751 bushels, against and Charleston both have smaller aggregates than in 1881^ 12,597,863 bushels in 1882, and 15,223,503 bushels in while Mobile falls below even 1882. The contraction at 1881. Yet Chicago reports receipts of 5,751,652 bushels, the latter port explains the further decrease in the earnings against 4,587,937 and 4,547,999 bushels respectively in of the Mobile & Ohio this year, after having sustained 1882 and 1881. The falling off in the total receipts, quite a loss in April last year, and it must also have con- therefore, must be sought at the other points, and we find tributed to diminish the earnings of the Louisville & it at St. Louis, Toledo, and Peoria, which is the more note- Nashville, whose Mobile & Montgomery division finds its worthy that these are precisely the points that suffered outlet at that point. The ports that make the best com- the heaviest loss last year. To make this clearer, here are parison with 1881 are Galveston, Savannah and Nor- the total receipts of grain at those places during four folk, and, as a rule, it is the roads that serve those ports weeks in April, in 1881, 1882 and 1883. that show the best results in earnings. For the first four months of the year our table of 1883. 1882. 1881. Bttshele. Btishelt. Bushela. earnings shows that Western and Northwestern roads, which early in the year lost heavily by reason of the Bt. Louis 1.831,360 2,473,950 4,292,316 Toledo 1,049,802 1,540,722 l,860,.i3a severe winter weather, have in cases recovered that 1,428,780 2,142,650 2,432,595 many loss, so that the number of lines recording a decrease Total 4,309,942 6,157.322 8,585,449 in that section is diminishing. Southern and Southwest-

Thus the receipts at these three points are but one-half ern lines, however,—favored by good weather and a very in as large as in 1881, and even one-third less than they were large cotton movement,—make a better showing the Missouri Pacific, last year. The heaviest loss is in com, though at St. Louis main than any others, particularly the the St. there was also a marked falling off in wheat. At Peoria, the Kansas & Texas, the Texas & Pacific, Louis line), and the the decrease is almost wholly in corn, for which, as well as & New Orleans (Illinois Central's Southern in some measure for the decrease at the other points, the East Tennessee, though some of the Northwestern roads failure of the corn crop in Illinois for two successive years which had special advantages of one kind or another is without doubt responsible, the yield of corn this sea- have done fully as well. The following is our usual son in that State being only slightly abovo the yield for table showing earnings of individual roads. It will be

1881-2, which was but little more than one-half that of observed that the total increase on the roads embraced in ratio 1879-80. It is perhaps surprising, considering how heavy the table is $7,353,665, and that that makes the of the falling off in grain receipts hap been, that so many of increase on last year about 9^ per cent. in their the roads are able to show such good results GROSS EARimrOS PROM JAHDAKY 1 TO ArRII, 30. earnings. A further decrease this year in the receipts at St. Louis at least was unexpected, in view of the Name of Road. 1883. 1982. Itwreaae. Deertate. very large crops raised last season in the Southwest. S S S S Bnrl. Cedar Rap. A No... 85.^,568 880,305 25,207 It is said, however, in explanation, that farmers were Canadian Piiclno* 959,130 426,037 633,093 H73.896 3«l,10.'S 12,791 so busy making preparations for the next crops that tVnt mi Pacltlo 7,269.6 13 7..n84„'>68 3I4.93S CiiioaKo A Alton 2,160,327 2,2'.7.2g7 263,646 they had no time to attend to tho marketing of their Cblc. & KHStorn Illinois. 516.:>5S 532,978 16,923 Cblcago & (J r. Trn nkt 899,19^ 675,818 2J3.674 surplus April, produce during the latter part of and Chicago -Mllw. A St. Paul 6.«3:t,oo- l,45l.08S 1,240 Chioa^'oA WestMlcU"... 438,912 435,576 3.33a Still, there was a decrease, and the Southwestern roads ein. lurt St. h. ACliio... 761.276 802,868 41,593 159,01.'. 149,038 16,606 felt the effect, tempered, though, in most cases by an Cleve. Ak & Col Denver A Rio Grande 1,917.000 1,974,099 27,090 31.177 DCS Moinex ,\t Ft. Uodne* 87.42J 118,390 augmentation in the cotton movement. The roads in 35.627 Detroit Lan.^inj? A No* .. 422,29.- 457,919 944,882 1)8.1561 the Gould system make a less favorable showing than Kattvni l,053,OJv for some time past, and it will be" noticed that our * Incladee throe weeks only ol April In eacll .rear. ... —. . — 1

524 THE CHRONICLE. fVoL. XXXVl.

1883. 1882. Increase. Decrease. GROSS AND NET EARNINGS TO LATEST DATES.

958.241 282,204 April. Jan. 1 to April 30, East Tenn. Va. & Ga 1,210,448 NAUE. JEvau3V. & T. Hiuito 227,OiO 2*5,247 13,197 Gross Operating Net Gross Net Flint & Peie Marquette. 822,673 716,814 105,8.59 EarninQ>* Ejcpenses. EaTninQn EarniiiQS Earninijt Grand Ti-. of Caiiaitat... 5,105.080 4,995.731 469,355 Green Ray Win.

JUissouri Pacilic' , 2,634,815 1,951,533 683.282 Atch. Top. & Santa Fe..lS83 1,231,120 631,586 652,534 3,181,0401 1,399,340 Central Branch* 427.607 251,301 176.306 Do do 18.8-3 1,203,073 769,786 433,287 3.335,773 1,070,380

Int. &Qt. North* , 1,154,891 883,949 270,9 12 Kan. City Law, * So..l88;i 131,391 63,575 67,810 333.801 167.050 Mo. Kansas & Texas* 2.041.583 1,575,020 465,963 Do do 18^2 86,456 42.029 44.42'" 228,436 107,069 8t.L. Iron Mt. &So*... 2,206,920 2,009,088 197,232 Burl. Codsr Rap. & No. 1833 252.913 171.549 81,301 6.37,316 141,348 Texas & Pacinc* 1,769,892 1,199.969 569,923 Do do 1882 224,107 147.908 70,201 702,501 266,621 Mobile & Ohio 696,746 60S.38S 88,358 Central of Georgia .1883 270,000 211,611 64.359 021.700 330,196 N. Y. & New England. . 1.013,728 957,309 86,359 Do do 1882 258,166 224,205 33,871 e60,906 125,928 Norfolk & Western 784.727 601,793 119,934 Chic. Burl. & Quincy. ..1883 2.3116,584 1.029,119 1,367.405 6,033 285 2,897,686 Northern Pacific 1,945.743 1,338,408 607,275 Do do 18S2 1,506,217 029,200 037.017 4,682.351 2,018,030 292.285 1,545 Ohio Central 293,830 Dea Moines & Ft. D. . . .1883 28,920 19,036 9.885 70.511 15.312 Ohio Southern 131,270 113,382 20,888 Do do 1882 35,375 18,327 17.048 1C0.272 44.442 Peoria Dec.& Evansville. 213..')25 253,514 39,989 GeorBia 18"8 148,01! 84,438 03,603 425,738 100,259 EloUinondA Danville ... 1,208,828 1,181,250 27,572 Do do 1882 114,257 83,181 31,096 850,155 103,531 Charl. Col. & AuKUsta. 301,724 252,552 49,172 Houst. E. & W. Texas. .1883 26,617 10,262 16,205 73,163 44,002 Col. & Greenville 297.805 263.180 34,625 Do do 18S2 18,215 61,701 Virjauia Midland 460,178 393.511 66,667 LoulsT. *NaBhT 1883 1,141 ,aS7 090,045 451,292 3,274,879 1,177,037 West. Nor. Carolina*... §86,031 553,276 32.805 Do do 18S2 1,068,831 559,283 500,551 2,993,876 1,224,188 et.L.A.&r. H. mainline. 467,994 409,093 53,901 Nash. Chat, k St. Louis 1883 206,164 115,001 90,500 698,814 264,743 Do do (branches).. 268,904 266,340 2,564 Do do 1882 177,336 94.397 82039 623,003 210,914 St. Louis & Cairo 110.857 115,356 4,499 Norfolk & Western 1883 217.331 113.350 103.081 600,103 256,867 St. Louis it S. Francisco . 1,110,299 1,019,201 121,095 Do do 1882 174,76 >) 107,608 67.101 493,000 187,288 St. Paul &Duluth 297,975 247.317 50.658 Northern Central 1883 50IS.865 302,356 201,509 1,492.082 492,140 St. Paul Minn. & Man. . . 2,121,196 1,915,713 505,483 Do do 1882 411,789 297,328 117,161 1,2J5.708 331,830 Scioto Valley 152.599 154,621 2,022 Oregon Jc California. ... 1883 70,500 62.300 8,200 210.200 S4,.380 Union Pacific 8,118,378 8,776,237 357,859 Do do 1882 Penn. (all lines east of Total 84,832,422 77,478,757 3,394.467 1010.802 Pitts. & Krie) 1883 4.189..3S0 2,733,053 1.455,427 i;,83r,.952 4.268.179 Ket increase. ",353.685 Do do 1882 3,012,293 2,406,401 1,415,802 10.592,361 3,589,089 Phlla. 4Krle 1883 308.089 187,613 120.458 023.478 321,483 Do do 1882 265,31 77,715 764.284 227,634 * Includes three weeks only of April in each year, 187,509 Pblladelp'a& Reading. 18>-3 1,660 211 e7a,4«8 600,743 4,731.S7^ 1,992,181 t January 1 to April 28. Do do 1682 1,010,089 1,000,619 600,440 4,403 5SC 1,800,535 § Freight earnings ojly In April. Phlla.& Head, r.4 Iron.1883 1.180.483 1,148,725 11,768 3.085.021 5,279 Do do 1882 077.631 922.622 66,000 2,801,608 140,484 Net earnings we now have for March and the Brst Union Puclflc 188S 2,189,105 1,152.251 1,337,154 6,219,147 2.913,245 Do do 1SS2 2.30'.'.593 1.300,628 1,031,965 6,414.233 2,326,343 quarter of the year. For the latter period it may be said Utah Central ,..19t3 101,660 60,053 54,616 302.730 156.990 Do do 1882 121,026 60,7.34 70,292 360.497 209,861 while the that the figures are generally very favorable, WestJersey 18FS 76,849 47.179 29,670 200.724 71,247 Do do 1832 70.103 85.091 35,012 176.406 74,484 same is also true of those for the month of March, only more decidedly so in many cases. The Chicago Burling- February. Jan. 1 to Feb. Qrosa Operating Net Gross Net ton & Quincy is especially conspicuous in this latter par- Earnings Expenses. Earnings Earnings Earning

ticular. Indeed, its exhibit for March is extraordinary. N. y. L. B. & West ....1883 »1,2S3.616 $1,049,818 $2.33,800 $2,808,485 DO do 1882 1,304,758 1,013,058 281,7001 2,623,735 It records an increase of $830,000 in gross earnings and Oregon Improvem't Co.l8S3 233 140 181.666 •48,474 473,683 Do do 18821 210,050 145,010 65,010 441,133 no less than $730,000 in net earnings. It is said, and * Decrease ascribed to Interruption of coal traffic on Columbia & Fuget this is not surprising, that the company's own ofBcers were Bound Railroad, astonished at the magnitude of the gain. We observe that the increase occurred almost entirely in freight; and from the fact that the road is one of the largest corn carriers in the West, and that the BATES OF EXCHANGE AT LONDON AND ON LONDON receipts of corn gained so decidedly on last year at AT LATEST DATES. Chicago during March, we presume that the phenomenal MXOBANGE AT LONDON-Avr. 28. EXOHANQS ON LONDON. improvement made during the month is to be ascribed Latest _, On- Time. Rait. DaU. ^"^ Rait. to that circumstance. Of course no such gain in

earnings need be looked for another month, now that 12-368 al2-4i« April 28 Short, 12-01'a Amsterdam . 3 mo8. Short. 120\ ai\2W the grain movement has dwindled to such small pro- Amsterdam Hamburg... 3 mo8. 20-63 '»20-67 April 28 Short. 20-43 ** 20-44 portions. Berlin 20-03 ®-J0-67 April 28 19 Frankfort... 20-03 ®20-07 April 28 20-4414 " 25-4(!i4®2j-51'4 ll-97»3 Next to the Burlington & Quincy, chief position must Vienna April 28 Antwerp " 25-46i4®25-51i4 April 28 April 28 3 mos 231318 be assigned the Union Pacific for growth ia net earnings. St. Petersb'g 2338®237i8 Paris Cheelts 25-20 925-25 April 28 Checks 25-22 25-41i4®25-46i< The increase in the March gross earnings was less than Paris 3 mos. April 28 3 mos. 2o-23'3 Genoa ** 25-41»4a25-46Vi ^100,000, but by a reduction in expenses the company is Madrid *' 4e3,„®466i6 ApriV28 Ap'i"28 47-30 Lisbon 51''s®52 April 28 53 19 enabled to show an increase in net of over $300,000, bring- Alexandria...... April 25 97 New York... April 23 Short, 4-S2ia April 28 tel.tf'rs Is. 738(1. ing the total increase for the quarter close up to $600,000, Bomoay -. .. 60 d'ye iB. 738d. ** April 28 Is. 738d. Calcutta . la. 738a. The Pennsylvania, as we said when its figures were first Hong Kong.. April 28 S8.8i«d. Shanghai...... AprU 28 58. 0»8tl. published two weeks ago, does not make so favorable a return for March as for the previous months, the gain in net [From our own correspondent.] on the Eastern lines being less than $40,000; still, for the quarter the increase amounts to almost $700,000. The London, Satarday, April 28, 1883. Atchison is another corporation that added largely to its Although money is scarce, and very little accommodation net earnings in March, and its Kansas City Lawrence & has been obtainable under the official rate, the directors of the Southern line also records a handsome improvement. Bank of England decided on ThursJay upon making no alter-

Aside from these roads, those in the South are doing quite ation, and consequently the published minimum is still 3 per

well and gaining largely on last year. The following cent. The weekly return shows some Increase of relative shows gross and net earnings of all roads that will furnish strength, the proportion of reserve to liabilities having risen monthly exhibits for publication. to a slight extent, viz., from 37'45 to 38-17 per cent, and yet it : :

Mat 13, 1868.1 THE CHRONICLE. 626

as could be desired, more especially as the .4|>rU8a. JfTU l«. April t». AwrUt. is not BO gfttisfaotory Jlates of source of attention and anxiety. bullion department is a Intsrtst at Bank (tpen nmik Ofn AlfUl OpfH Bank Opt» Although no large operations are taking place in the gold ttals. Mnrktt Hal*. Marktt ItiiU. Hats. quarters, and market, yet there is a small inquiry from various Part* m m mi Barllo notably from Holland, so that, in the aggreKate, a moderate m •H m Frankfurt SM Mi «K The result is that the bullion In total has to be accounted for. Hamburir •N SM •N *M fact that about Amsterdam...... Bank diraini.-hes, and notwithstanding the 4 4 4W X Australia, there is Bmuels 8H 8 SM 8 8W 8 is on passage to this country from f 400,000 Madrid 4M « 4M 4W «M at being materially augmented. little prospect of our gold supplies Vienna 4 8M « m 4 m 4 8K During the Week embraced in the last return, the Bank lost St. PatenbarR.. 8 5W 8 « 8 OK according to the daily returns, the sum of £98.000, on balance, In reference to the state of the bullion market daring Um' was not more than £72,747. a smal' but the actual reduction week Messrs. Pixley & Abell report returned from proTincial circu- quantity of coin baring been Qold—Continental orders have not only absorbed all the arrival* or trilling gold, but also £109,000 In Dutch coin withdrawn from the linnk. and lation. The circulation of notes has declined to a the demand still continues. The Pekiii has broiiKlit £3.640 from tho- extent, viz.. by £93,995, and the result is that the total East, and tho Taraiiukl £82.000 from .Vcw Xniiland, The Neva has taken £6.170 to llraxils. and tho OanKcs £1.000 to Konibaf. increase of £20,248. The supply of bullion reserve shows an Silver—At a further sliKht decline, makhiK the price .5U^i«d., the mar- held by the Bank is now £21,186,058, against £23,777,067 ket has been very quiet aurintj the week, tho amounts on offer taaTtn"/ been limited. The bonou has brought £S,000 from New York. total reserve is £11,333,013, against last year J while the &. O. steamer has taken £73,000 to India. Mexican Dollars—There have been no fresh arrivals of dollara slnoA Xl3,690.882. our last, and the market Is almost cleared of supplle*. The P. A China and tUoStralta. securities." That item is £527,984 in the total of "other The quotations for bullion are reported as below : now £21,654,256, against £21,461,548 last year; and as Price of Oold. Prl«o/snwr. g>eneral business, especially upon the Stock Exchange, Apr.ia. Apr. 10. Apr.»». W.' has become much restricted, loans which have of late been Afr. s. d. s. d. -. d. granted by the Bank are likely to be rapidly paid off. The , Bar gold, fine..,, 01. 77 lu 77 lOK Bar sUrer. flne..ot. 50 7-18 SOH which period of the year the de- approach of summer, during Bar gold, contaln'd Bar silver, contain- mand for money is usually the slackest, and the absence of 20 dwts. silTer..oi. 77 UW 78 ing 5 grs. Kold.oi. 51 13-18 61H Span, doubloons.oz. 18 10 73 10 Cake silver oi. 84X MH active enterprise, have, probably, materially influenced the S.Am.doublooDs.os. 73 8« 73 8H Mexican dois. ..oz. 49 5-18 in their decision on Thursday, directors of the Bank of England U.S. gold coin. ..01. 76 3H 78 8X Chilian doUars..oz. as the state of the Bank account, per se, would certainly Ger. gold coin...oz. justify a higher minimum than 3 per cent. The open market On Thursday, four steamers left Liverpool for Canada direct, discount are now almost equivalent to those cur- rates of carrying upwards of 2,000 emigrants, including 350 specially the Bank, and there is still reason for believing rent at selected agricultural laborers from the neighborhood of Spald- that an advance in the Bank rate will become necessary before ing, in Lincolnshire. very long. The conversion of the five per cent French debt into 4)^ per There is certainly no activity in the demand for money for cents has now been agreed to, the French Senate having passed commercial purposes, but there appears to have been no retro- the entire bill by 200 to 71 votes. M. Tirard, the French movement in trade. Business is being carried on with grade Finance Minister, in his address on the subject, said that the- judicious caution, and failures are comparatively few. The State was about to effect the conversion, not because the money- complaints on the Stock Exchange are, however, very serious, was wanted, but becau.se the operation was desirable. It seemed, the number of daily transactions being fewer than for some however, to him that no better ground could be urged for the time past. American business has fallen off very considerably, action of the Government than that the conversion was neces- and in the absence of support, the value of nearly all classes of sary to secure the equilibrium of the Budget, which was actually securities has given way. the case. Of late years they had been going on a little too The following are the quotations for money and the interest fast, the receipts not having grown in the same prjportion as discount houses to-day and same day of the allowed by the the expenses, and hence the Budget of 1882 was in deficit. Tho five weeks : previous Budget of 1883 would be in the same situation. The financial situation was, however, not bad, providing expenses were cut Interest AUowed the right to- Open Market Bates. for Deposits by down. As to treasury bonds, the Government had issue up to four hundred millions, and at the present time there Bank BiUt. London Joint were but two hundred millions' worth in circulation. That Stock Ihree Four six Tliree four Six At 7 to 14 | Banks. proved that the situation was not as gloomy as was pretended. Months 'Xontha MolUlu Months MonthslMonths Call. Days. Instead of making some new impost, the Government had Mar. 23 •ih®Vi 8 @3M 3 @3Wm4@Sii 2 thought it better to effect a desirable economy by a conversion " SO 8 ®SM3M»3W3 ®3»« 2 April e sMasMs ®3Si8«@3« 2 of the debt. " 19 3 4,256 21.461.348 18,600,534 19,442.094 prices realized, Bes've of mites & coin. 11.323,013 13,390.882 15,897,138 15,988,870 weeks of the season, together with the average Coin and bullion in are shown in the following statement both deiiartraents.. 21,186,058 23,777,067 26.403,263 28,146,765 Proportion of reserve SALES. to liabilities 38'17 44ia iOH 4738 1882-3. 1881-2. 1980-1. 1879-80. o 3 p. 0. 3 p. 0. 21s p. c. 3 p. Wheat qr8.1,726,907 1.4G(!.ll)3 1,217.168 B83.80S Consols 102 >8 U 101^ 101»b4. 99 Barley 1,913.956 l,59ti.»ti5 1,153,291 1,362.370 Kny. wheat, 41fi. av. price. 8d. 468. 3d. 41s. 9d. 488. Id. Oats 235,112 197,426 151,130 133,537 MUI. Upland cotton... 5»8l. 516 grt. efgd. THE SBASOM (por qr.) No. 40 Mulu twist.... »\a. loild. lOd. l.s. 0>4d. AVERAGE PRICES FOR Clear'K-houge return. 98,078,000 93,347,000 96,095.000 00,397.000 ». d. : d. t. d. «. a. Wheat 41 4 46 5 42 9 46 9 The Bank rates of discount and open market rates at the Bariw 31 5 32 8 33 O 36 6 oluf.v.v.v::::.:;..::..: 21 i 2011 21 3 22 4 chief Continental cities now and for the previous three weeks flour IndiAik have been as follows. At most of the Contiaeatal cities the The following are the qnantitiee of wheat, and open market rate shows increased firmueas. com estimated to be afloat to the United Kingdom: : „

626 IHE CHllONICLE. [Vol. XXXVl.

Atpresent. Zeal wed:. 1882. 1881. EXPOBTS FBOM NEW YORS FOB THB WEEK. Wheat nrs. 2,260.000 2,186,000 2,349,000 2,291.000 216,0.,0 244.000 237.000 180.000 Flour 1880. 1831. 1882. 1883. . Indiiui corn 240,000 268,01)0 177,00J 430,000 For the week... $7,123,064 $6,141,881 $7,533,931 following return sliows the extent of the imports of cereal The PreV. reported.. 127,111. 66J 103,983,669 118,377,734 prodace into the United Kingdom daring the first thirty- Total 13 weeks'$121,0J8,lb'; $134,233,327 $112,130,560 $125,931,665 four weeks of the season, compared with the corresponding period in the three previous years : The following table shows the exports and imports of specie lUPORTS. at the port of New York for the week ending May 5, and 1882-3. 1381-2. 1850-1. 1379-80. since Jan. 1, 1383, and for the corresponding periods in 1S82 Wheat cwt. 42.343,067 40.541.206 37.313.922 4(>. 361.846 and 1881: Barley 11.881,616 9,428,415 9,030,348 10.865,633 Oats.. 9,58.',610 9,524.512 6.629.560 8,8lG.0u8 EIPOBrS AND IMPORTS OF SPECIE AT NEW YORK. Feas 1,425,172 1,1.50,743 1,511,922 1,416.520 Beaus l,78.j,395 1,129,014 1,534,606 1.09-1,909 Exports. Imjmrts. Indian corn 12.582,663 13,952. 3>i8 21,079. "-54 17.032.041 Bold. Flour 11.612.783 6,164,342 8,675,543 6,981,775 Week. Since Jan.l. Week. Since Jati.l. BCrrLlES AVAILABLE FOB COSSUMPTIOS—34 WEEKS. 1882-3. 1881-2. 1880-1. 1R79-60. Great Biitalu $ $5,000 $ $1,955,779 104.220 Imports of wheat. cwt. 42,543.067 40.541.208 37.313.022 40.361,346 '"ii's 2,006.007 Imports of Ooiir 11,642,7S5 6,164,312 ti,675,515 6,831,775 6,020 438,594 Bales of liome-grown 21,617,000 17,053,812 4,000 produce 29,934.020 25,030,700 South America 43;8G5 "goo 92 9il A.11 other countries 71,783 17,396 Total 84,120,472 71,759,218 67,006,467 64,3^7,433 A-Vpe price of EngUsh Tatal 1883 $ $121,230 $0,738 $1,728,937 wheat for season. qrs. 418.44. 46s. 5d. 423. 9d. 408. 9d. Total 183.' 2,014,760 12,941,738 21.310 479.808 Visible supply of wheat Total 1881 101,670 938,220 27,808,998 IntheTj: 8....bmh.21,700,000 11,200.000 20,500,000 21,495,000 Supply of wheat &flour Silver. aOoat to U.K. ...qrs. 2,430,000 2,417,000 2,539,000 Great Btitaln $98,000 $5,241,363 $ $ 291,161 German /...... 9.210 240.230 Market Beports—Per Cahle. West Inli^fi 4,823 1,142 73.313 EnsIlsU 932 1,398.201 The daily closing quotations for securities, &e., at London, South America :..... 8,480 45,0a5 All other countries 3,741 4,080 and for breadstuflfs and provisions at Liverpool, are reported Total 1883 $98,000 $5,511,391 $19,820 $1,700,919 follows for the ending 11: by cable as week May Total 1882 520,000 4.19.4,:.157 15,207 1,021.741 Total 1881 134,800 4,094.169 51,139 1,138,129

London. Sat. Hon. Tues. Wed. Thurs. Fri. Of the above imports for the week in 1883, $2,483 were Bllver, peroz d. 5038 f05jg 5014 5OI4 5018 .5018 American gold coin and $3,039 American silver coin.

Consols for money 102 10113, fl 10H1|6 10111,2 lOl^io lOU-iia Consols for account 1025, 1021,6 10iu,e 10115.„ 1021,6 Atlantic & Pacific.—The Stock Exchange Committee re- Fr'ch rentes (in Paris) fr. 79-97ia 800.'> 79-80 79 071s 7905 79-87ia favorably upon the application for the listing of U. S. 58 ext'n'd Into 3*as 105 1<3 105 1« 105 14 106 14 IO514 IO514 ported

U. 8. 4i«sof 1891 , 11618 1163() II6I4 no's 110 116 $5,000,000 worth of first mort.gage 5 per cent bonds and 122I2 U.S. 4b of 1907 , 1225s 12258 122% 12238 12214 $3,750,000 income bonds of the Atlantic & Pacific Uailroad. Chic. Mil. & St. Paul... lOO'e 1065s 107 14 107=8 I0712 10714 Erie, common stock 37iS8 37% 37% 37% 3714 37% Mississippi. Following is the statement for April nilnols Central 148*t 149>4 143% 148% 14812 148 Ohio & — N. Y. Ontario & Wesfn 28 "4 2811) 2838 2838 28 li82 and 1883 of Mr. John M. Douglass, Receiver of the Ohio & 63 0318 6238 Pennsylvania 13 6338 63% X-i958 Mississippi Uailroad : Philadelphia & Reading, 28% 2818 2818 2858 2819 28% New York Central 125>3 126 12068 I26I4 124% BECEirrs. 13 125»a 1882 1883. Cash on hand April 1 $192,566 $190,310 Liverpool. Bat. Mon. Ttces. Ifed. Thurs. Fri Keceived from station agents 392,556 387,777 Received from cojiducKivs 9813 9,391 «. d. ». d. ». d. «. d. t. d. «. d. Keceived from Individuals, railroads, &o 31,011 37,229 Pleor (ex. State)..100 lb. 12 12 12 12 12 12 Ilecelved from Ameiicau Express Co 835 1.513 Wheat, No. 1, wh. 8 11 8 11 8 11 811 8 11 8 11 Rocoived from General Po.>>i-oflice Department. 24,442 19,755 Bprlng, No. 2, n. 9 4 9 4 9 4 9 4 9 4 9 4

Winter, West., n 9 2 9 2 , 9 2 9 2 9 2 9 2 Cal., No. 1 9 6 9 9 6 9 6 9 9 6 Total. $054,193 $645,981 Cal., No. 2 9 2 9 2 9 2 9 2 9 2 9 2 DISBURSEMENTS. Com, mix.. West. 5 11 .i 11 5 11 5 11 511 5 11 Vouchers subsequent to Nov. 17. 1876 $256,851 $302,072 Pork, West. mess. .1? bbl. 83 85 85 83 85 85 Bacon, long clear, new.. 53 53 52 6 52 6 32 6 53 Kemitted to New York to pay coupons 140,000 135,000 Beef, pr. mess, uew.ytc, 93 95 95 95 05 93 Pay-rolls 161,422 136,413 Aiicarages 502 321 Lard, prime West. Ijl cwt 59 6 60 6 (iO 6 GO 6 39 6 39 9 1 Chftwse. Ani. finest 68 67 07 07 r,7 67 Cash on hand May 95,418 72,173

Total $651,193 $015,981 —A dispatch from Wa-shington to the effect that the Supreme Court had decided that the Ohio & Mississippi preferred stock IilATioxAL Banks.—The following national banks have lately Las no claims beyond those of the common stock was erro- been organized : neous; at least as it was worded. Suit was brought some years 2,941—The First National Bank of Pierre, Dakota Territory. Capital, ago in the Western courts on behalf of the holders of the $30,000. Geo. L. Ordway, President; Wm. G. Nixon, Cashier. 2;,942—The Logan National Bank of West Liberty, O. Capital, $30,000. $4,300,000 of preferred stock to have it given priority to the bamiel Taylor, President; Frank P. Taylor, Cashier. second mortgage bonds as a lien upon the road. This was de- nied, the decision is afflrmad by the Supreme Court; but iKFOBTa AND BxpoETS TOR THB Wbbk.—The imports of last and the status of the seven years' accumulated dividends on the week, compared with those of the preceding week, show a de- preferred stock as against the common stock was not brought crease in both dry goods and general merchandise. The into question. total imports were $7,151,902, against 19,710,764 the pre- —Attention is called to the card of Messrs. Read & Stafford ceding week and $8,497,003 two weeks previous. The exports in to-day's Chp.onicle. The gentlemen composing this firm have had a large commercial and financial experience, and, for the week ended May 8 amounted to $7,533,931, against with their fine suite of offices in the Mills Baildiag, possess $6,090,044 last week and $6,186,773 two weeks previous. The every facility for dealing in stocks and bonds to the satisfac- following are the imports at New York for the week ending tion of cnstomeis. (for dry goods) May 3 and for the week ending (for genera' —•Stern's U. S. Calendar will be found useful in business offices. date, either past or future, merchandise) May 4; also totals since the beginning of first It shows at a glance the day of any in the period between the years 1770 and 1970. It is week in January embraced a valuable calendar for reference, and should be of great utility POBEION IMPOSTS AT NEW YORK. to bankers, lawyers and business men generally. For Week. 1880. 1881. 1882. lfc'83. Auction Sales.—The following, seldom or never sold at the Dry goods $1.873,5fi2 $1,231,817 $1,728,431 (i.2'0,l2i Stock Exchange, were sold at auctioa thi'j week by Messrs. Geu'Imefdise.. 0,990,860 0,373.972 0,064,307 3,393,':77 Adiian H. Muller & Son. Total $11,872,362 $10,603,789 $7,792,741 $7,131,002 Skares. Sfiares. Since Jan. 1. 100 Sterli'gPiie lus. Co.60ia®61 $148 50 Jefferson Fire Ins. Dry goods $50,596,594 $43,131,008 852,131,150 $lS,0O8,50i 140 Williamsburg City Ins. Co. scrip 52 Cten'lmer'dlse.. 130,006,725 109,237,777 120.446,668 113,822,419 Ci .nipany 220822012 398 Peo'a.VBu'auVal.UR.Co.l40"4 143 Kings Co'yIn.?.Co.l97'4al98 300 N. Y. Mut. Giis-light Co. .11518 Total 18 weeks tl80.603,319 $152,369,335 $178,577,821 .$102,430,933 ti2 Am. Exch. Ins. Co Ill 92 North KiverBauk 123 Cliuton Fire Ins. Co 114 40 Phreiiix- Iiis.Co.ofBrook'nUOin 50 64i« t Ins, 120 50 Belief Fire lus. Co In our report of the 400 Siuyvesau Fire Co.. dry goods trade will be found the imports 141 Howard Fire Ins. Oo..05a65ifl 4 Star File Ins. Co 70ifl of dry goods for one week later. 140 Mechanics' & Traders' K mds. The following is a statement of the exports (exclusive of Fi rolns. Co 119an9is $2,000 Brooklyn City Perm't .^.0 Flategliuin Ins. Co. .15014 Water Loan 6s, due i 89 1. 1 17Aint. specie) from the port of New York to foreign ports Mi't'n for the 470 Firemen's Ins. Co 80 $14.0011 llouat. K, & W.Texas week ending- May 8, and from January 1 to date : 400 Joft-rs'n Fire Ins.Co.l 22® 123 RU. Istmort. 7s,duol698.. 90% . .

May 12, IKS.J THF. CHRONICLE. 6^7

Quotations for foreign exchange are as follows, the higbsit %\xz jankers' i^^zcttz. prices being the |xMt««»4 87% 4 82>4*4n2\ 4 8&>a*4 l<0 I>oeumentarv uommerolal ...... 4 8IH»4f<2i« 4 83 91 Dftl* Per When Books Hinted. Paris (francs') 18ai»ai6<« A'ame of Comparig. &2m»3 18^ S OtHl. Puyable. (Ifay itulueit,) Amsterdam (Kuildnrs) SQ^* 40>« 40>H* 4ltH Frankfort or Hremnn (relohmarksl eiii* OS 94^s» 05% itRilroada.

AaliiiRlur dimir ) 2 July United States Uonds.—There has been very little doing ia Mity 8 to J^potoii ('iiiiciiril & Moutrvul prut. May government securities, and the business is checked to some prif May OtttawlHKii extent by the uncertainty aa to the effect of the new laws in C'lilo. Biiil. &llMliu-.v (iiiinr.) June iri Juno 1 to June 18 this Clov. i& riU8. (juur. (iiii.ir.) Juno 1 May 11 to Jiiuo 1 State pertaining to corporate investments. North I"eniiiiylvniil.i ((iimr.) May an The closmg prices at the N. Y. Board hare been as follows: NEW YOUK, FRIDAY, MAY 11. l»M3-3 P. Dl. May Hay May May May The Money Market and Fluaiiciol Situation.—The last 0. 7. H. 9. 10. 11. bank Btutemont on May 5 Jid not represent fairly the condi- Se, continued at 3>s.. •103 *I02>3 M02>a •102>« •102% >I02% ti«s,1891 •112 Teg. 112 112 •112 112 1 '112 tion of the city banks, as the large treasury disbiirsemeuls had 4>s8, 1891 coup. •113 113 113>« •113% 113%, 113% is, 1907 reg. 1I0"4 nou lipii 119% 119% luado so late in the week that their full effect was not 119% been is. 1907 coap. 111139! 110 IIOM •113%[ 119%| 119% •10.ecie and exchange movements, and iiarticu- U. 8. Snb-Trcasnry.—The and payments at the Sab-Treasury in t'ais city, as well as the larly in the absorption of new railroad loans. balaiicea in the same, or each day of the past week: The reports of the winter wheat crop have not recently Balances. been as good from some quarters of the West, but these DaU. Seeeipls. PaymttUs. Coin, Currency. reiM>rts are yet early, and in the northern States little definite information is obtained of the grain crops before the first of May 5.. 1.211.598 2a 2.005,943 r.7 116,519.580 47 7.201.126 21 7.. 115.{t45,0iK) June ; and as to the quantity of new land to be broken up this 1,2 19.797 3' 2,301,224 94 83 0,994.224 29 8.. 1,229,0.'9 97 89I>,3U 13 115.764.722 29 7,207,251 07 year and put in spring wheat, it will be impossible even to 9.. 1,19.1,745 22 1,367.823 44 115.,S93.170 01 7.201.725 70 make an approximate estimate. 10.. l,147.70v! 29 910.298 81 115,574,042 61 7,461.316 61 11.. 1,238,540 70 1,368,319 33 115,30J,911 37 7,604,669 28 Railroad building shows a large falling off this year, just r.wal 7,240 503 871 -8,849,95122 as we predicted, and for four months, from Jan. 1 > Above payments include $j32,O0Ogold certlUcates taken out of cub (o May 1, there were constructed about 1,450 miles, against State and Uailroad Bonds.—There is simply nothing doing 2,300 in tlie same time last year. But even this includes some in Southern State bonds, and beyond the bid and asked quota- very active work this year on lines now finished, or nearly tions on another page there is nothing to report of them. Railroad bonds have still been quite active certain spec- finished; and after the completion of the Atlantic & Pacific, on ialties, and in several issues tlie recorded sales at the Board say June 1, where will we find any companies with a Iieavy mileage yet to be constructed this year, except the Northern were very large. The N. Y. West Sliore & Buffalo 5 per cent mortgage bonds have again been prominent, and the full Pacific and the N. Y. West Shore & Buffalo ? Will the rail- road building of 1883 probably exceed a total of 0,000 miles? amount of the loan, $50,000,000, being now outstanding, there of this Atlantic Tliere has been some discussion in Wall Street respecting the can be no more bonds class issued. Tlie & Pacific also been very active and advanced new financial bills passed by the New York Legislature, par- income bonds have current that negotiations for a large ticularly the Page bill as to savings banks, which awaits the sharply; the report was sale of the company's bonds to foreign capitalists had been Governor's signature, and the Mackin bill, which has been successful, but if tliis was premature, it waa known that such signed and become a law. The latter is somewhat general as negotiations were in progress, under favorable auspices. Rich- to the investments of corporations, and ia amendatoiy of pre- & Dan. debentures have been largely dealt in at higher figures. tIous statutes, the principal section being as follows : *' It sbiiU be lawful for any corporation orKanized under the laws of Railroad and Miscellaneous Stocks.—The stock market thl» State, and traDsactln^ bufiuess lu it and otlier Btatea. or foreign has been rather irregular, with a comparatively dull business oouutricd, except eaviiif^A banks, to acquire, hold and convey in such and' a tendency towards weakness. The retirement of Mr- States or forei^'u countnes, with the consent thereof, 8ueli real efltato as has greatly re- shall be reqiiiftite for enoh eorj>oration, in the convenient transaction of Vanderbiit, coupled with the report that he its bU6ines8, and lo invest its funds in the stocks, bond^ or securities of duced his holdings of New York Central & Hudson, waa preiu- other corporations owning lands situated in this State or such states, dicial to the Vanderbilt stocks, and as to the Qould stocks, 5rovided that loans shall not bo made on any stocks upon which divi- there was little stimulus derived from his return to New York, end« shall not have been declared continuously for three yi'ars iiuiue- dlately before such loans are made; and provided, further, that such The reports of winter wheat are not very good this week, and stocks shall be continuously of n market value twenty per cent greater thia is made the most of by those interested as bears in stocks than the amount loaned or continued thereon." or bulls in grain. The fact is, that the present time is a period The money market has been decidedly easier, and stock- of " between seasons," when the result of the agriciiltural brokers have obtained call loans at 3}^(35 per cent and gov- products of the year is entirely uncertain, and consequently ernment bond dealers at 2}^@3 per cent. Prime commercial any tendency towards dulness or weakness in the market lias paper sells at 5@53< per cent. a better chance to assert itself. Immigrants are yet pouring The Bank of England weekly statement on Thursd

making a surplus of $1,601,125, against $895,300 April 28. unanimously for the Gowen-Garrett directors, as follows : 11: The following table shows the changes from the previous S. Little, JohnKean, F. B. Gowen, E. C. Knight, R. Garrett, week and a comparison with the two preceding yeai-s; S. Shenard, T. F. Randolph, Samuel Sloan, J. Kennedy Tod. The board submitted the following statement of earnings 1883. Dil^er'neei fr'm 1882. 1681. on all the lines operated: May a. previous week a. May 7. Hay I8SI. 1882. Inc. $11,312,206 $384,702 Loans ana dis. $315,507,100 Inc. i'2.6 12.400 $315,235,600 $310,350,030 Gross earnings $10,927,593 6.'Jil.223 68,430 Bpeoie 5."..70i),100'Ino. 2,0.'i2,300 6.1.741,100 73.346.500 Operating expeusoj 0,152,795

Cflroulation . . Ki.ssri.GooiDeo. 10,^.800 18,7M1.000 li^.664.200 Net earnings $4,774, 79S $3,091,071 $31 6,272 Met deposits . 2OG.»7O.;i00 Inc. 7,047,900 302.079,000 305.033,900 4.493.704 321,651 Lasal tenders. 20,077.»tJO|Ino. 43?,»00 19,579,000 16,024.000 Interest, rentals, JiC 4,172,143 I«8Bl reserve. $74. 242.57,'iilno.f 1,761.975 $75,6C9.750 $7t).2.'5'>.47.T Surplus $602.6.'.5 $.597,270 Deo. $3,379 HMerre held 75,81(J.700;ino. 2,470.!>00 83,320,100 69.371,100 Increased fixed charges for 1832 over 1881 were mainly for payment of interest on American Dock & Improvement Com- Bnrplns $1.004. 1 251 Inc. $708,025 ;!).610.3.^0 $1,?, 112.1125 pany bonds funded in 18S1. As against surplus shown, there Exchange.—Foreign exchange has been firm this week, are the following charges: Paid car trusts, construction, taxes, partly in consequence of the advance in the Bank of England &c., 1881, $53.5,280; 1883, $638,349, Interest on income bonds rate and partly from the scarcity of commercial bills. To- is not charged, but is found in receiver's accounts. day prime proposition of the Philadelphia bankers' CO days sterling sold at $4 SSdti 83>^ ; It was voted to accept the demand, $4 80|^@4 381:^; cables, $4 87^@1 87?^. Continental & Reading to take possession of the Central Road from Sept. it 09S) paying all fixed bUla were as follows, viz. : Francs. $5 205^@5 2^4 and $5 18}^ 1, 1883, and to manage for vears, per cent a year, @5 18^ ; reichsmarka, 94?^c.@94'^ and »l?^c.«5 guilder?, charges and guaranteeing a dividend of 6 ; 89 15-16c@40 and 40 3-16c.@49i4;. semi-annually, the first dividend to be paid December 1, 1883. . .

628 THE CHRONICLE. [Vol. iXXVL

NEW YORK STOCK EXCHANGE PRICES FOR WEEK ENDING MAY 11, AND SINCE JAN. 1, 1883.

For Full DAILY' HIGHEST AND LOWEST PRICES. Range Since Sales of Jan. 1, 1883. Y'ear 1882. STOCKS. the Saturday, Monday, Thursday, Friday, Week Tuesday, Wednesday, (Shares). May 5. May 1. May 8. M.ay 9. May 10. May 11. Lowest. Highest. Low. 'High I KAILROAnS. 132 135 1,<)2 135 132 135 131 135 *131 13S Albany 4' 84ia 84=8' 8434 8434 84 14 84 12 1,240 78 Mar. 843, May 60 80% •81 83 *8l 83 81 81 •81 85 '81 84 No.. I , 14 Burlington Ccdiir Rap. & I 80 Mar. 83 Jan. 5 67 I 85% Canadian Paeilic 6338 05 63 OS's' 02 61 62 "a' 00% 62% 61% 38,000 58% Feb. 03% May 3 Canada Southern fi« 6GV 66% O734I 67 67 12 06% 67 I 65% 60%! 65% 10.125 e334 Feb. 71=4 Jan. 19 44 73 Central of New Jersey 77 'a 78 -a 78 79^6' 80 80',' 79% 80%' 78% 79%' 77% 110,165 68% Jan. 80% May 8 63% 9T% 76i% 7718 76% 77 76% 77 75% 76%' 75% 76%' 74% 75% 60,720 Central Pacific I 74% Mar. Jan. 5 82% 97% 21I4 2II4 •21 22 21 21 •20% 21% 200 Ohio I 20% Fob. 233^ Jan. 20 10%' 27 Chesapeake & I •31 %i •31 1 St prct 32 14 3214I 3212 30% 32 32% 100 29% Feb. 35% Jan. 20 27% 41% Bo •23 Do 2d. prel 23% 23%' •23% 24% 23 24% i4% 100 22% Feb. 2- Jan. 22 21 20

I34I2' 134 133 133 1 13234 13234 Chicago & Alton '1S4 135 134 134 135 134 I 532 130 Feb. 20 1371. Jan. 22 127% 145% Chicago Burlington & Qnlncy. 126 120>i! 12512 12519 120 126 124% 120% 123% 125 123% 124% 11,970 1 153, Feb. 20 129% Apr. 13 120%, 141 Chicago Milwaukee & St. Paul 103 Vj 10418 10334 104% 104% 104% 104% 105% 104% 104%' 104 104% 127,038 97% Feb. 20 108% Jan. 20 96%' 128% Do pref. Dili's 120% 120 Hi 121 121% 121% 121% 12134 120 12034! 12034 12034 2,780 110% Feb. 7:122 Jan. 114%'144% 13334134%' 17,.'')05 Chicago & Northwe8t«rn ISA's 134 's 134% 134% 1343,, ISgSg 134% 135% 13334 134 128% Feb. 2 140% Apr. 13 124 115034 162 152 16212 152 152% LOS 152% 153 151%152%i 151 151% 1.900 prof. 1.J I 143 Feb. 20 157 Apr. 13 130 176 Do I Chicago nock Island * Paoillc 12534 125=4 12534 12534 125% 125%' 125 12534! 124% 124%' 1^3% 124% 2,095 118 Feb. 21 127 Jan. 5 122 140% «20ii! 21 •20 21 •20 2;% •20 21 •20 21 20 21 520 20 22 St. Louis

Cleveland Columbus Chic. & Ind. Central *5 5^' •5 5I2 434 434 5%! *434 5 30 3% Jan. 7% Mar. 5 3% 21% 127 14 128 12714128 127% 128 i26% 127"%: 125% 126%' 12538 126% 181, 6i5 118% 13 116% Delaware Lackawanna &W'e8t, I Feb. 131% Apr. 150% Denver & Ilio Grande 4934 503. 40% 60% 49% 50% 49% 60%' 49% 49=8] 49% 50 76,580 39% J.an. 31% May 3 381, 4% Dubuque & Sioux City •84 13 85 12 •841a 80 •84% 86 •83 86 84 % Apr. 02 Mar. 12 82 96% 10 IOI4 10 lOig 9% 10 9% 10 9% 0% 934 934 2,800 Feb. 1;% Apr. 13 8 16 East Tennessee Va. & Ga 21%l 8% Do prof. 21% 22 21% 22 21% 2134 21% 203, 21% 2034 21 33,300 1434 Feb. 23 Apr. 14 15% 26% Green Bay Winona & St. Paul *8l2 91a 9% 9% 8% 8% •8 9 300 5 Feb. i07( Apr. 12 6 10 ' Hannibal & St. Joseph 43 43 ' 43 43 600 38 Mar. 463, Jan. 17 45 110 ' 9434 96 •94 97 Do pref. . 9613 9734 98 95 96 1,880 72 Jan. 0734 May 5 72 111% 75 Houston & Texas Central ... •70 73 •72% 76 •70 75 •72% 76 75 75 75 200 73 Feb. 82% Apr. 6 61 92% Illinois Central 145 145 145 145 143% 144% 144 144 1,178 141%Jan. 147% Apr. 11 12734 150% 2934 29 20 ii Indiana Blooni'n

la 1-2 67 68 i •66% Long Island 67 07 •06% 07 67 68% 68 69 I 68 3,734 60 Jan. 60 Apr. 16 49% 66 Louisville * Nashville 52% 53% 62% 53% 53% 63% 62% 63% 61% 52% 50% 61% 57,800 60% May 58% Jan. 20 40% 10034 •54 •54 Louisville New AUiany &Chic 54 57 •54 57 68 58 5-i % Apr. 68 J an. 5 67 78 Manhattan Elevated •4434 40 •4434 46 4434 4434 4434 4434 300 40 Mar. 63', Feb. 9 40 00% Do Istpi'ef... •82% 85 81 % Apr. 00 Jan. 18 82 98% Do common •44 45 •44 45 •44 45 •4434 46 44% May 63 Fob. 10 40 56 24 25 25 25 625 15 Feb. 15 15 Manhattan Beach Co " "44" 20% Mar. 37 '42 '^'o"" "433, Memphis

New Y'ork & New England 37% 37% 100 37 Apr. 521, Jan. 9 1 45 60% New York Now Haven & Hai-t. >178 181 180 180 181 181 82 169 Jan. May 8 168 180 York Ontario tt Western. 2734 28 27% 27 2734 28 27% 27% 27% 27% 27% 27% 5,413 2434 Mar. 2 20 3„ Apr. 14 20% 31% New '( i New York Susq. & Western.. 8% 8% 800 8% May 10 8% May 10 Do pref. 21% 213( l,2r>0 21% May 10 213, May 10 .1 Norfolk & West era, pref 431a 431. 43 43 43 43 43 43 4'i 42 42 42 1,520 37% Fob. •.!6 4!l3j Jan. 20 44%' CO Northern Pacific 51 5|1m 51% 51% 6138 51 't 51% 5134 51% 61% 51 51% 22,075 44% Feb. 20 5 % Apr. 13 2834' 64% Do pref, 88 14 883., 88% 88% 88% 89% 88% 89% 88 88% 88 88% 2ii,094 70-% Feb. 20 89% Apr. 11 6634 1,)0% Ohio Central •12 121.^ 12% 12% 12% 12% 12 12%! 1134 12% 1134 11' 3,475 % Feb. 16 14% Apr. 13 11% 25% Ohio Mississippi... 35 35 34 S41.J •33% 383* 600 20 Fob. 14 36 3j Apr. 13i 27 42 & I Ohio Southern 13 13 300 10 Feb. 2 I43< Apr. 24 11 23% Oregon A Trans-Continental. 84% 84'', 84% 84% 85 85 85 85% 843, 86% 84=4 85 67,434 79 Feb. 20 80 Jan. 19 60 98=4 •20 't •20 Peoria Decatur % Jan. 18 07%„. . Pittsliurg Et. Wayne & Chic. 133% 133 !» 134 134 134% 134% lOS 1M'.34 Apr. 23 138 Jan. 16 130 139 Rensselaer & Saratoga 14434 14434 100 l;;;i% Jan. 3 145 Apr. 25 131% 144

Bich.tfe Allcgh.,st'ck trust ctfs. 14 14 KM) 10 Feb. 15% Apr. 16 13 I 40 Hichmond & Danville 03 la 04 03% 64% 65 66% 05 07% •04 65% 64 04 6,316 47 Jan. 07% May 9 52 230 Bichuiond & West Point 30 30% 30% 36% 36=8 37 35% 30% 34% 36% 35 35% 10,000 21 Feb. 37 May 8 23 263 Rochester tfe Pittsburg 2OI4 211a 21% 22 21% 21 20% 21% 20=4 81% 20% 211; 81,175 1034 Feb. 23 Apr. 4 17%: 30% St. Louis Alton & Terre Hauto •67 70 60 06 0034 77 67 07 700 48 Jan. 71=4 Mar. 10 20%: 50 Do pref. 91 91 89% 91% 88 89 >88 00 •80% 01 000 8,1 May 103 Apr. 11 65 04% St. Louis & San Francisco 32 32 32 34 32% 33 •34 36 32 34 400 20% Fob. 35 Apr. 14 31 46% •6234 Do pref 63 53% G234 64% 65 66 541.J 55 53% 54% 2,700 48 Fob. 55 May 9 43 I 66% Do 1st pref •98 9« •98 99 99 09 •08 09 •98 99 100 89 Fob. 100% Jan. 11 70=4 106% " St. Paul & Duluth 381a 30 14 39% 3934 3934 3934 •3!) "mV •30% 40% 30 39 800 33 Feb. 407, Jan. 9 26 4234 I Do pref •95 97 96=4 9034 •06 97 % •96% 98 •96% 98 •06 98 200 91 Feb. 97% JUM. 4 68 00% St. Paul Mlnneap. & Manitoba 129 130 129% 130 129% 130 128% 120% 127% 128% 128 129 8,600 tlS3 Apr. 169% Apr. 16, 108% 166% Texas cfe Pacific.. 39% 391a 39% 30% 39% 40 30% 39% 39 89% 38=4 39% 15,135 3634 Jan. 43 Jan. 18 34 55 I Union Pacific 97% 98% 97% 08% 97% 981. 97 07 3j 96% 97% 96=4 97 03,030 01% Feb. 10434 Jan. IS 98% 11934 Virginia Midland 31 31 30 31 800 20 Jan. 31% Apr. 21! 62% Wabash St. Louis «& Pacific... 20 29% 29 20=4 29% 29% 29% 2934 29 2B% 29% 29% 7,300 26% Feb. 36% Jan. 18| 23% 39% Do iiref. 40=4 47% 4634 47% 47 473, 40% 47% 46% 46% 46% 403 23,015 4434 Feb. 67% Jan. 18 46'', 71% MI.SCEM,ANEOI-S, American Tel. & Cal)le Co. 68 68 69% 09% 60% 001. 09 60 09 09 710 64% Feb. 26 69% Jan. 151 65 74 Colorado Coal & Iron S7 37 37 37 36% 30% 36% 37 35% 36% 1,300 28% Feb. 3a % Apr. lOi 25 63% Delaware & Hudson Canal 110% 110% 110% 1103411034 110 110% 108% 110 lOH 109% 3,148 105% Feb. 13|112%Alir. 14 102=4 11934 Homi-stake Mining Co I6I4 IOI4 10 16 1534 16 16% 16% 434 15 Mar, 6 19 Jan. 15», 1034 Mutual t'nion Telegraph 20 20 20 20 20 20 677 17% Mar. 27 25 Jan. 10', 30% Now York (t Texas Land Co •80% 81 81 82% 82% 83% 83% 8434 8434 83 83 720 55 Mar. 13! 8434 May )7 65 Oregon Inipi-ovement Co 84 84 111) 80% Apr. 41 01 % Mar. Oregon Hallway & Nav.Co . 139 140 140 140 715 132 Feb. 20 14434 Apr. 128 163% Pacific Mail 41% 4134 42 42 42 42 41% 41 3i 41% 41% 41% 41% 4,350 30 Jan. 25 4434 Apr. 323, 4834 Pullman Palace Car 126% 127 127 127 127 127% 128 120% 128% 129% 128% 128% 4,465 117 Fob. 23 130 Apr, 117 145 Quicksilver •8 — Mining 8% •8 8% •8 8% 8 8 7% 8% 8 8 050 7% May 10 9 % Mar. 8 14% Do prof •40 42% •40 44 '40 42 •38 401-j •40 43 •38 42 37% Jan. 26 48% Mar. 40 62% Western Union Telegraph... EXPRESS. 83 83% 83% 83% 83% 84 83% 84 83% 83% 83 83% 26,208 79% Feb. 5 85% Mar. 76 >, 03% , I, Adams 120% 127% 120% 128 128 128 120 129 128 12834 •128 130 776 120% May 5 135 Jan. 5 133 140% American 91% 92% 01% 92% •91% 93 03 03%! •01% 93 92 93 310 88 Mar. 16 93% May 9 00 07% United states •58 61 •58 61 •57 60 57% 58%' ^56 58 59 69 230 57% May 9 05% J an. 6 02 80% Wells. Fargo & Co 124 125% 125 126 124 124 124 126 124 124 124 125 170 122 Feb. 19;i26 Jan. 8 125 132 COAIi AND IHININO. I Consolidation Coal 26 Mar. 13 27% Jan. IP 27% 36% Little Pittsburg Mining 1% 2% Mariposa Land and Mining... 1% 2% Maryland Coal 15 Apr. 13 17 Jan. IB 13 26

New Central Coal , 13 13 13 13 300 12% Mar. 27 14 Jan. 4 ISi-j 23 Pennsylvania Coal 270 Feb. 2 270 Feb. 2 240 245 Standard Coiisol. Mining 6% Feb. 17 7 Apr. 10 4% 1934 Cameron Ccml. 14 Feb. 27 18 Jan. 3 18 37% Central Arizona Mining . % Mar. 26 % Jan. 12 1% Deadwood Mining 4 6=4 Excelsior Mining Robinson Mining r» Silver Cliff Mining 2 Btormont Mining 1%

These ace the prices bid and asked; no sale was made at the Board, t Ex-prlvUege. . 1 —. 1 S ...

May 13, 1868.J THE CHRONICLE. 529

QUOTATIONS OF STATE AND BAILBOAS BONDS AND UISCELLANEOUS SECUU1TIE8. STATB BONDS.

SKCUniTIKS. Btd. Atk. 8B0CRITIKS. A«k. BECDBITIBS, Bid. Alk. SECURITIR8. Bid.

Alabftina— LouiBlann—Contlnuc!•«« A :! (" .'.. 1900 ... Ex.m»tured coupon... 89 No Oamlliia RR.,J.AJ( 15S 6a, Act Miir 'j;t 1HM0 83N 3<, <-> ' . AmttU..: Mlohuran— Bo A.AO t 165 noD'tii' 11 'ii« 101 loa^ 7ii, 1800 Do 7c<>ii|rao(r, J.,tJ. 130 Brown • CI.. Mid H4 Mlasourl— Do 7coiiii'flotr,A.(tO. 130 Tenneftat '.'cN, runiliui; act, 18(16.1900 C», 1(1 r.ioo 106 6a, dual883 10 6«, DOW, IWI'.! H lt)IH) , ArkunnM- 6R,du)> 1886 108 Do 1H68-1HB8 10 68, nawaertea, 1014 .... e«, tMliileil. 181191900.. 6a, onda, J.AJ., '93.8 IS C'mp'mta«,3.4-«-6a, 1*13 7«, L. Kock A Kl. M. lu. ea.rtuo 1888 110>3 Do A.AO.... IS Vlrxlnla-6a, old 40 tr, Slmw.A I,.Ui>ck IIR 47 68. (liid 18-11) or 1890.. 112 Cbatliani UK 9h 6a, n«w,I866 '98-9 7», L.R.I'. ».* N.O. IIR 40 61 Asj I'm or tiilv., ilue'92 114 Special lax.i'Iaaa 1 , B 6«, new, 1867 7a, MlM. (I. .t H. U. UK. 40 FiUHllllK. 1HI)1-It5 117 1)0 daaa 'i « 8 ea, r^naol. bonda 7«, ArkuiiMjw Cour. HR. 16 23 Hauulbal cfc Mt. Jo.^'86. 110>* Do tow, N.<;. KR. S 8 6m, ex-matanMl coopon Connwllcul l'i». 1883-4.. 103 Do (to '87 IJOHl Do Wpstoni Kit... 6 8>i 6a, conaol., '2d aerlea... Oe<>l(fltt lis. li*M 103 New York— Do Wil.O.Jtllll.R. 6 7 6a, deferr^Ml 7«, lifw, lH8ti lOUN 6a, KOirt, reK., 1887 Do W'n.ATarlt. 6 Dlatrlct of ( 'ulumbU^ 7«, eiiilor»i«l. 1886 106 ait 6a, Kolil, coup., 1887 Conaol. 4a, 1910 3-6r.H, m-24 7*,KoUI. 1890 114 >s 6a, loan, 1891 SmaU Kmali liomla Louliilaua— 6n, loan, 1891i Ohio— ROKlatercd 181)3 ea, ?, oouHOl.p 1014 64 >i 67 6a, loan, 1886 Funding fta, 1809 •.nnall 60 N.('arnItun-«a,old,J.4 go AlleK'yCcn— l«t,6»,l!)'r2 2d, 7a, 1885 104 S'thw.Ext.-lat,78,1910 Debenture Oa, 19'27 •84 70S 70H Atch.T.4 lOOHl All.*ch.-l8t.n.,7».,'97 SlnkiiiR fund, Gs. IDll. lat cons., 6a, 1906 -.. Mo.K.AT.—Gen.,6a, 19'20 84y.... Iucnme8,190u Atl. * l>ac.-l»l, Oa, 1910 100 Rcna. A Sar.— l8t, coup. 135 Cons. 78, 19045-6 109 109 Scioto Val l8t, cona., 78. 60 95 Balt.A 0.-lat,«9,Prk.nr. iis' 113 >a lat, reg., 1921 Cons. 2d, Income, 1911 •49V — - St. L. A Iron Mt.—l8t, 78 II4I9 llfi>t Boat. lUrtf. * K.—1st, 7» Dcnv.A RloOr.—lat,1900i IIIH) H. A Cent. Mo.— l8t,'90 103 14 .... 2d, 7a, 1897 10714 108 Guaranteed Ist consol., 7a, 1910 .... 99<« 100 Mobile A Ohio. -New. 68. •loo's ..... Arkanaaa Br.—lat, '7a... 111 112l« Bnr.O.Kai). * No.—l«t,6a lOlHilOl'i' DcDv.Ho.P.APac.-l8t,7a.| 95 97 I'ollat. Trust, (is, 1892.. Cairo A Pulton- lat,7a. 10914 110 r2o« 1307, Bellev. AS. III.—l8t, 88 133 Char. Col. * Aug.—lHt,7b ibo" lat, 6,8, 1920 "so' Ist, reg., 1903 130 Hi 131 St.P.Mlnn.A.Maa— l8t,78 109 110% Ches & Ohio— Pur. ni'vfd. 112 115 Elil. Lex. A Big S.—68... Huds. R.-7s,2d,8.t.,'85 107 Hll 2d,B9, 1909 I08>4

i 6a, gold, scries A, IllO.S. lOSV Erie— 1st. extended. 7a... 121 124 Can. So.— lst,int,g'ar,5s 98 I 98 la Dakota Ext.-es. 1910.. i'OTia 108 68, golil. series H. 11)08. Ul>4 01\ 2d, extended. 58, 1919.. 1081a 106 Harlem— 1st, 7a, coup,. Min'a Ln.— lat, 1)3.1922. 68, currency, 1918 5213 631s! 4th, extended, 5a, 1920. -100 lat, 78, reg.. 1900 ;-27Hi 12s St. P. A Dul.-l8t.S8,1931 ib'6' Mortgage Ca, 1911 6th, 78, 1888 •111 N. Y. Elov'd-lst,78,190B II7I4 117Hl 80. Car. ny.-let,Bs, 1920 103 Chicago & Alton— lat. 78. 119 1st cons., gold, 78, 1920. 12Bia'126'4 N.Y.Pa.AO.-Pr.l'n.6s,'95 2d, 6s, 11)31 05 Sinking fund, 6a, 1903. Ill la' l^tcons., Id. coup., 78.. N.Y.C.AN.-Qen.,68,1910 46^ Tex.Cen.— lat,a.t.,78,1909 107 109 La. A Mo. UlT.— lat,7a. lis 1116 Keorg., lat lien, 6s,1908* il07i3 Trust Co., recelpta. 46 l8tmort.,78, 1911 ... 107 109. 2d, 7a, 1900 Long Dock bds. 78, '93. 120 N.Y. A New Eug.— l9t,78 Tol. Del. A Bur.—Maln,68 '130 6t. I.. Jack.A Chic—lat •114V118 BnflVN.Y.AE.-l8t,1910 lat, 6a, 1905 lat, Dayt. Div.. 6a, 1910 1st, guar. (f>(i4),78.'94 114 N.Y.L.E.AW.-New'2d«| 98»i N.Y.C.ASt.L.-lat.8a,1921 102 10218 1st. Ter'l trust, 68, 1910 2d (3l>0).7«, 1898 ' 117 2d, consul., fd. cp., ,53. N.Y.W.Sh.A Buff.-Cp.5s 81 ami Va. Mlil.-M.inc,68,1927 62 2d, guar. U88),7.s.'9S. 110 Buf.AS.W.-M.68,1908; N.Y. Suaq. A W.— Ist, Os Wall. st.L. A P.—Gen'i,69 79 81 Ml88.1t.Br'ge-l8t,s.f.0s Ev. A'r. II.— lat, cona..es 99 Debenture, 69, 1897.... 65 68 Chic Div.—58, 1910.... 78 83 C3.AQ.—Collsoi. 78.1903 l'-'7 1,129 FrtAP.M'rq.-.M.6s.l9'20,*ll)9iallOia Mbllandot N.J.-l9t,68 01 Hi 9214 HaT. D1V.-88, 1910 ... 8S 6a. Blnklng fnud, 1901.. 104 106 Gal. Har.AS.Ant.—l8t,68 104ial06 Nevada Cent.—lat, Oa Tol.P.AW.-lat,7a.l917 ib'f 109 la. Div.-§. F., 59, 1919 2d. 78,1905 N. Pac.-G. 1. g., lst,cp.68 ibe" 106H Iow»Dlv.-6a, 1921.... 80 87 Hi •106 8. F.,4b, 1919 Mex. A Pac— lat, 68 Registered, Bs, 1921 . . Ind'polls Div.—Ba, 1921 Denver Div.—48, 1922. 85 85 >4 2d, 6s, 1931.. N.O. Pac— lat, Bs, g.,1920 89 891% Detroit Div.—68. 1921.. 4a,1921 80 ii Or'n HayW.A.S.P.— Ist.Bs 80 85 Nnrf. A W.-O'l, Bs, 1931. 100 Hi Cairo Dlv.-5a, 1931.... C. R. i. c& P.-69,op.,19n 126 "a GulfCoI. AS.Fe-7e,1909; 112111113^ Ohio Miss.-Conaol. s. f. il7ii Waba3h-M.,7a, 1909.. 94 •125 A 68, reg., 1917 Han.ASt.J09.—88,conv..| lOjia Consolidated 78, 1898 .. '117Hl Tol. AW.-lat, ext.,78 106 lat, ^». 102 HOHi '89 101 Ig Keo. A Dea M.— Consol. 6.S, 1911 1 2d con.solldated 7b, 1911 122 Hi lat, St. L. Div., 78, 101 '117 Central of N. J. -lat, '90. noU8.AT.C.-l8t,M.L.,78, 109 Hli lat, Springtleld Div,, *118Hi 2d,ext., 7a, ... 99 a« "'•!<-' 7a 90" 1893 99 Hi l8t conaol. assented, '99 114H) 116 1st, West. Div., 7s Ohio Central—lst,63,l920 Equip. b'd9,7a, 1883. 100 Conv., as8ent.ed,78,1902 113 1115 lat, Waco AN., 7s lat Ter'lTr,, 6s, 19'20... 75 Conaol. conv., 7a. 1907 97 Hi ] AdlustTiicnt,73, 190;!... 105 105 In' 2d consol., main line, 83 lat Miu'l Div., 6s, 1921. Ot. Weat.-Ist, ia, '88 103 Hi 104ia'l05 '83 Lch.&W.B.-Cou.g'd.aa! 2d, Waco A No.,8l,1915 Ohio So.-l St, 69, 1921 ... '4 2d, 7a, 1893 99 »d 991a Ain.D'kifcllni).—5«,1921 88 SSh General, 6a, 19'21 Oreg'nACai.-lst.Oa.l 921 97 »4 Q. AT.-lst,7a, 1890. 100 101 C.M.&St.P.-lst.Ss. P.D. 131 IIous.E.AW.Tex.-l8t,7s Or.ATrans'l-68,'82.1922 93 "8 96 Hi Han. A Naples- l8t,7a 2d,7 310. P. D., 1898.. 1'20 111. Cent.—Sp.Dlv.—Cp. 63! Oreg. Imp. Co.—lat, 6s... 96 66>8 Ill.ASo.Ia.-lstEx.,68 1'25 lat, 78, *g.. It. D.. 1902. Middle Div.—Reg., 58.. Panama—S.f.,8ub.B8,1910 St.L.K.CAN.— H,e.78 103 10634 lat, I,nC.I)iv.,78, 1893. 1I9'8 120 C.St.L.AN.O.—Ten.U78 Peoria Dec. A Ev.— l8t,69 98 Oin. Div.— lat, 7s 107 'e 108 lat. I. * M..78, 181)7... 120 123 lstcon.sol..7s, 1897.. Evans.Dlv., lat,68,1920 100 Clar'd»Br.-6s,1919 100 lat, I. a Weat. Un. Tel.—1900, cp. 113 115 2d, 79, 1881 101 ... Ced. P.AMInn.-lat.7s Cal. A Orej^on- 1st, Bs 103 a ... fnd. Bl.A W.-lst prf. 78 State Aid bds.. 7s, '84 103 N.W. 'relegraph-7a,1904 S. W. Div., 1 St. 6s. 11109. lOSa^ilOOlg l8t,4.5.63, 1909 Land .grant bonds, 69. 105 Mut. Un.T.-.'5.P.,0s,1911 88^ 88 > 1st. 59,I,aC.ADav.,ll)19 2d, 4.5.6a, 1909 West. Pac— Itonds.Bs 112 Spring Val. W. W.-lst, 6a ]8t,S.Mimi.Div.6s,1910 108 >» Eaat'n Div.—69, 1921... So, Pac of Cal,— 1st, Bs. 104 Oregon RR. A N.— lat, 6s 'i'b9'>i lat, H. & D., 78, 11)10.. '120 Indlana]i.D.ASpr.—lat,78 Union Pacific— Ist, 63.. 116 115Hl INCOME BONDS. Ch.4 P.1C. Div., lis, 1910 no's 2d, 58, 1911..:. •92>4 Land grants. 7s, '87-9. 108 {Interest pnyablei/ eurned.) l»t,Clilc.JiP.W.,5a.l921 95 >8 951a Int.A Ot.No.-l8t,68,gold 108 108 Hi Siukingfunds, 88, '93. lien's 117 Ala. Cent.— luo. 63, 1918. Miu'l Pt. Div, 38, 1910.: Coupon. 6s, 1909 87 37 Hi Registered 89, 1893... Alleg'y Cent.— Inc., 1912. I,. .12 >4 C.i Snp.Div.,58,l92l! Kent'kyCen.—M.,68,19H' Collateral Trust, Bs. . 104 Atl. A Pac— Inc., 1910... 32H Wls.&.MIu. D.. 58.1921 91 Lake Bliore A Mich. .So.— do 5s, 1907 94'-2 Centi-al of N. J.—1908.... 9118 OS C. * N'west -S.fd ,78.'85 •106 Mlch.S. AN.I.—S.fd.,73 lOli* Kana. Pac— l8t,68,'95 108 Hj Col. C. A I. C.-Inc 7a, '90 Interest bonds,78, 1883 100 Cleve. ATol.—Sink, fd.' 107 l8t,0.'<, 1896 ... 109 Hi Roorga'n Tr'at Co. Cert. 74 CouBol. bonds, 78, 1 91.5 . 130 131 New bonda, 78,1886..! lOlJi* Den. Dlv.,0s,a8'd,'99 106 Hi Cent. la.—Coup.debtctfa. F.xtcns nlionds, 78, '85. 103 105 V Cleve. P. A A.th—78....|*110iii lat consol., Bs, 1919. 99 99 '4 Ch.St.P.AM.-L.g. lucBs lat, 7», 188.'i 106 BHfT. A Erie— New bds. C.Br.U.P,-F,c,78,'95 Chic A E. Ill.-lnc, 1907 Coupon. colli, In. 1902.. 126 126 V Kal. A W. Pigeon— Ist. At.C.AP.—l8t,68,190S 90 Hi 92 DesM.AFt.D.-l8t,lno.,6s lleg.. gold, 78, 1902 1'26 Det.M.AT.— l8t,78,1906 At.J,Co, AW.-lst, 68 91 Det. Mac. A Marq.— Inc.. Siukini.' lund, 68, 1929. 110 LakeSliore Dlv.bonds 121 Oreg. .Short L.— Ist.Bs 99 Hi E.T.V.AGa...rnc.,B8,I931 38 88 'a * — t^lnkiu^ (mid, res 110 Conaol., coup., Ist, 7s., jl26ia Ut. ISO.—Gen.,78 ,1909 lOlii El.C. A No.-2d. lnc,1970 Sinking lund. 58, 1929. ibo' 101 Consol., reg., lat, 78.. I'^'-i \''^o Exten., Ist, 79, 1909 100 Hi a. BavW.A St.P.-2d.lnc Sinking fund, res lOOa^ Consol., coup., 2d, 7s. ril^i'Viiht Mo. Pac— Ist, cona., Bs. 103 105^ iDd. Si. a W.-Inc, 1919 Escan'aA !..«.-l8t,68. Conaol., Inc., 68, 47 Consol., reg., 2d, 78... I 121% .. 3d,7a,190B 115 1921. Dea M. A Miu'a—lat. 7a Long lal. R.-lst,7.8,1898,*.-_-^..|«20 Pacific of Mo.—lat, 6s 106>4 107 >« Ind'a OecA Spr'd—2d ino SS Iowa Midland— lat, 88..' 128 1st consol., 5s. 1931 97 97 »» 2d, 78. 1891 lis Troat Co. certlficatea "99 Pcnin.-^uia— lst,conv. 7s 120 Louisv. A N.—Cona.7a,'98 II5SI4! St. L.A S.F.—2d,6s,cl.A 100 Leh. A Wllkesb. Coal—'88 87 CliicagoA Mll.-l8t,7a.! 2d ,79, gold, 1883 ».6s, class C, 1906 .... 98 98 Hi Lake E. A w.-Iuc7b. '99 •41 4S Win.t .St. P.— l8t,7a,'87; Ceclllan Br'ch-78,1907' ibiiil S-Bs, class B.,1906.... 98 98 >g Band'kyliiv.— Inc.,19'20 •36 2d,7s,1907 N.O.AMob.-l8t,a8l9:iO 90 94 Hi Ist, Os, PeirceC.AO.. Laf. Bl. AM un.— I nc.7a,'9tf •43 >« HII.&Mad.-l8t,6a.l905 E. H. A N.-l8t.09,1919 9H Equipment, 78, 1895.. 102 Mil. L. s. A W.— Incomes •78Hl C.C'.C.A Ind'«-l8t,78,a.f. 121 General, 68, 1930 93^ 94 Hi Gen. Iiiurt., 6s, 1931.. 101 Mob. A O.— 1st prf. debeo. 67 70 Consol. 1914 123 . lt»5i» 78, 1 125 Penaac'la Div.—68,1920 90 So. Pac. of Mo.— lal .. 106 2d iiref. debentures 0.8t.P.M..JtO.—Con80I.,6a 108 100 la St. L. Div.— lat, 68,1921 102" Tex.A Pac— l8t,Ba,1905 104Hil06,04 3d pref. ilebenturea.. ('.St.P.AM.-lst,U8,1918: 114 2d, 38,1980 '50 S5 Conaol., Ba, 1905 94 4th pref. debentures. 1 N. Wls.-lat.as, 1930 Naaiiv. Ist, 78. 116 116 Income Ld. gr., reg. N.Y.Lake K.AW.-lnc6a 48 ADec— A 83 St.P.&S.C.-lst,08,I919 113 H.AN.Ala.—S.f.,B8,1910l lat,UloO.Div.,6a,l930 'li 84 N.Y. P.AO.-lat lnc.ac,7B 68 Chlc.«E.Ill.-lst,s,f.,cur. 98 Leban'n.Knoi—ea,19;il 100 105 P6nn8>'lvania RH.— Ohio Cent.- Income. 19'20 36 SO Chir.St.L. A P.— 1 St .con 68 Loulsv.C.AL.-68,1931 "100 Pa. Co'agU'ir. 4 H28,l8t c 95\ 96 >3 Mln'lDlv.-Inc 78.1931 lat, con., 5a, reg., 193'i. L. Erie AW.-lat, 68,1919! 99 Hi Regi8tcre4 133 .Rome W. A Og.-lnc, 7b. 86 40 2d,78,lS91 •114 Metr'p'lit'n El.—l8t,1908 99 99S4 4th, slnk.M.,6s.l89'2. '109 « 80. Car. Ry. ~ I nc.Ba, 1931 67 70 7s, •130 Bonds, 1900 2d, fla, 1899 Col.C. A I.e.— 1 st.consol. 149 Hi St.L.AI.M.--l8t,"9. pr.l.a 7»of 1871, 1901 '120*« 122 Mex. Cen.— lat, 7a, 1911. 3d conaol., 7s, 1909... 2d. 6a, InL accuiu'lativo •118 ...•• lat, consul., gnar.. 78. 12S Mich. Cent.—Con.7a,1902 123 lat. Tr'8ico.ctf8.,M8*d St'g I . ARy.-Ser.B.,lDC.'94 N.Y.Lack.AW.— llSij Plain Income*. 6*, 1886. l»t.68 IM'a Conaolldated 58, 1902 . 102 >• 104 2d. Tr'st Co.ctr8.,M8'd Del. A H.— Ibt, 78, 1884.. 104 105 68,1909 l8t,Tr't(.'o.ctfa. sappl. .sterling Mt.Ry.-Inc.,'95 78 7a,1891 116 llCVl CoutK>n. 5a, 1931 103 Jt.1,. V. AT. H.-l8t,g.,7» St. L. A. A T.U.— Dlr. bda 73 «« lat, eit., 7a. 1891 Ileglntered, 5a, 1931 2d, 78, 1898 Tol.DeLAB.-Inc.,Ba.l910 Coup., 7s, 1894 115l4ll5'4 Jack.Lan.A Sag.—68.'91 2d, guar., 78, 1898.... Darton DIT.-68. 1910 7s, 1804.. 19-20 R"g.. 1 1 .1 Mil. A No.— lat. Bs. lOlO. PItU. B.A B.-lst.B8.1911 93 T«X.A8t.U-.Ug.,lDe.

< No ptlce Friday—theae are lateat qaotaUona made tbla week. t Coupons on sluo« 1869 —. . . .. — .

530 THE CHRONICLE. fVoL. XXXVI,

New York Local Securities. Quotations in Boston, Philadelphia and Baltimore.

Insurance Stock JAst. SECURITIES. SECURITIES. Bank Stock l.i8t. [Prices by E. 8. Bailey, 7 Pine St.] BOSTON. BnlT.Pitts.A W.—Gen.,68 COMPANIES. PRICE. PR CB. Ateh. & Topekii—1st, 78. 1191a Cam. A Ambov—6s, c.,'89 Land grant, 7s 112V, Mort., 1889 109 COMPANIES. Par. 6s, 1091a thns (•) are pa. Atlantic raska, 6s 10318 Del Bound Br —1st, 7s 'l'23i4 97 A 25 Commercial 60 90 Nebraska, 4a 80 14 East Penn.—l6t, 7s, 1888 235 246 City 100 250 Continental 100 Chic,Burl.& Q.—D.Ex 84141 Easton&Amb'y—OS, 1920 105 "a IO6I4 2-10 250 100 152 Eagle 40 Conn. *fe Passnmpsic—78. El AWnisp't-]8t,6s, 1910 11612 Continental 100 120 m"" Empire City 100 70 80 ConnottOQ Valley—68 "s, penietnal 97 io'o" Corn Exchange* 100 30 85 100 58 Harrisb'g- Ist, 6s, 1883.. 25 50 117 125 California Southern-6s.. H.AB.T.-l8t,78,g.,1890 i"u 115 23 17 70 80 Easl'rn, Mass.— 69, new.. llOV Cons. 59, 1895 851a 87 100 Firemen's Tmst 10 75 80 Fort Scott & Gull—7s Illiall2 IthacaAAth.- Ist, gld.,78 Fifth Avenue* 100 Franklin & Enip.. . 100 110 116 Hartford & Krie—78 Junction- 1st, 6s, 1882... 190 198 100 German-American . 100 K. City I.awr. & So,—6s.- 104 105 2d, 68,1900 no 115'< 100 50 140 145 K. City St. Jo. tt C. B.— 78 Leh.V lBt,08,C.AR.,'98 122 125 120 — 30 120 60 no Little B. & Ft. S.-7S, 1st 90 92 14 2d, reg., 1910 133 I3314 280 78, Gallatin 50 Greenwich 25 240 Mass. Central— 69 21 Cons. Oa, CAR., 1923.. 1241a 125 60 65 Gartield 100 110 Gnardian 100 Mexican Central—7s 701a' 70«s N. O. Pac.— Ist, Ob, 1920. 891a 90 110 115 75 Hamilton 15 N. Y. & N. England—Os.. 1102 14 No. Penn.—1st, 6s, cp., '85 lOi 104 130 135 German Exchange* 100 60 78 llQia llO'f 2d, 7s, cp. 1896 1161a 85 100 60 75 N. Mexico & So. Pac—7s 112^4 1131s Gen., reg., 1903 124 140 145 78, 25 100 Ogdensb.& L.Ch,—Con.Cs Gcn.,7s, cp., 1003 67 75 100 146 150 60 Income Debenture 69, reg 1041a Imp. & Traders'... 100 270 Iniportcrs'& Trad'8' 60 80 85 Old Colony—7a West.—Gen.,68 100 lOOia 70 Norfolk A 50 100 60 (is Oil CityA Chic.— let, 68.. 123 130 100 160 30 Pueblo & Ark. Val.—78.. 11334 Oil Creek— lat, 6s, coup.. 105 106 Manhattan* 60 Kings C'nty(nkn.). 20 180 200 Rutland—6s, l8t 95 96 6s, reg. 124 125 80 Pejinsvlv.-Gen., 100 Knickerbocker 40 75 Sonera—78 103 6s, cp., 1910 123 125 Gen , 100 100 70 75 T. Cinn. & St. L—Ist, 6s. reg., 1905 120 149"" 110 11210 Cons., 69, — 25 I-ong Isl'd (B'klyn) 50 I ncome 10% Cons., Gs, coup., 1905... 118 i'i"d"" 55 60 25 100 Lorillard 25 Bay ton Division Cons., 58. reg., 1919 106 115 Build.. 100 107 113 — Mercantile 100 Mannfac. & Main Hue Pa. A N. Y. C—79, 1896. 121 60 129 100 1 5 STOCKS. 7,1906 126 Mech. Traders' .. 25 120 126 •8313 60 & Atchison ife Toiieka 8356 Perkiomen- 1 st, fis,cp.'87 103 100 Mechanics' (Bklyn) 60 130 140 Boston A Albany 182 &Erie-2d.78,cp.,'88 113 113 60 (•5 ['hil Metropolitan 100 165 Mercantile 60 Boston A Lowell. U61.J Ccms., 6s, 1920 60 100 103 103" Murray Hill' 100 Boston sic 3 Imp., 69, g., coup., 1897 Oriental* 25 140 Niagara 50 150 160 Connotton Valley coup., 1'."^" 981, 981, 108 Gen., 6s, g., Paciflc* 50 161 North Kiver 25 103 Eastern, Maa.s Gen., 7s, coup., 1908. IO314 103»4 i'64"i2 160 Park 100 164 25 167 Eastern, New Ilampsh.. Income, 7s, coup., 1890 11? People's* 25 145 Park 100 no Filchburg 12515 Cons. 53, lst8cr.,c.,I9'->2 155 163 Phenix 20 Peter Cooper 20 Flint * Pere Marquette. 23 Cons. 69, 2d Ber.,c.. 1933 63 63 1« 115 Produce* 50 60 108 PrefelTed 9914 09 S, Conv. Adj. Scrip, '85-88 89=4 1'20 Kepublic 100 50 140 145 Fort Scott & GnU—Pref 121 14 Debenture coup., 18931 50 58 63 100 Kellef Common Deb. conn. olT, 1893 100 100 75 80 Iowa Falls A Sioux City. •Sl-a Scrip, 1882 117 25 120 1'25 la Second 100 Little Itock A Ft. Smith. 29 Conv., 78, R.C., 1893-.* 100 105 "96 Shoe & Leather 100 50 Maine Central Conv. 78, coup, off, 1893 70 State of York* 100 Star 100 65 70 New Manchester & Lawrence "47" Conv. '7s, cp.off, J.an.,'83 56 Third 100 100 55 60 Mai0, 3 Feb. '83 98 100 R.\lLROAD STOCKS.! Cons. 6s. 1909 60 OOO F. & A I 1051a 1071a Jersey City & Hoboken.. 20 7.-iO, (100 J. J. 7*Q'.Ian., '83 155 165 Alleghonv Valley 4 5 W.JcrseyAAtl.— 1 81,68,0. I & 3636 coup. no I Manhattan 50 14,00(1,,1100 .1.

BklTn. CrosKtown Stock ' 1 "27=8 — 00 400, 000 Q.-J. April. '83 Phi la. A Beading 27^4 Charl. Col. A Aug.— Ist no 113 Is't mort. bonds 1 1,000 300, 000 Q.-J. 1888 ilOO i"o"2 Phlla. A Trenton 2d 99 100 Bnshw'kAv. (Bkln)— Si'k, 100 600, 000 J. & J. Apiil, •83120 130 Phila. Wilm. A Bait ColnmbiaA Greenv.—Ists 10454 105 Cent.Pk.N.&E.Kiv.-Stk] 100 1,800, 000 «.-J. Apiil, •83138 141 Plttsb.Cin.A St. L.—Com. 6 2,tg _, SOS, 81 Consol. mort. bonds 1,000 11,200, 000 .1. 4 I «.-J. April, 230 I'Vest Jer.sey A Atlantic.. 37 13 Cen. Ohio.— 68, lst,M.AS, Ist mort 1,000 -03,,000 .1. & J. June, '84 100 CANAL STOCKS. W.Md.-6s, Ist, g., J.AJ. IIOI4 42d & Grnd St.F'ry—Stk 100 748, 000 M.&N. Lehi.ich Navigation 43<4 43ii 1st, 1890, J.AJ 116 1161a

Istmort 1,000 236, (too A. &0. April, '93 114 118 I'enusylvania 2d, guar., J. A J— ' Central Crosstown—Stk. 100 600,.000 80 85 Sclinvikill Navigation... 2d, pref 11014 Istmort 1,000 200,,00fliM.&N Nov.,1904 100 105 Plefcrred 1534' 16 2d, guar. byW.Co.,J.AJ 110 Houst.W.st.&P.F'y-Stk 100 2.30,,0001 90 RAILROAD BONDS. 68,3d. guar., J. A J 1'.'7 1271a Istmort 600 500,.000.1. & J July, 111 Allegh. Val.—7 3108, '90 1231a 124 Mar.ACin.-7s, •Dl.F.AA I3II4 132I4 Second Av.-Htock 100 1,199, 500 J. & J Jan., 180 7b, K.oxt.,1910 118 |123 2d MAN ion ii' 106 3d mort 1,000 150,,000 A.*0. April, 103 106 Inc. 78. end., coup., '94 44 8a, 3d, J.AJ 54 '8 54^ Consol 1,000 1,030,,000 M.iN. Nov., 107 108 Belvid'e Del.— 181,68,1902 121 llichra. A Uauv.—Gold, 69 98 100 Sixth AT.—Stock 100 750,,000 M.&N. Mar., 245 2d. 6s, 1885 103 Ottion RR.— Ist, gua.JAJ 1-20 Ist Iiiolt 1,000 600,,000 J. & J. •luly. no 115" 3.1,68,1887 104 Canton endorsed Third Av.—Stock 100 2,000,1.000 Q.— K. May, 223 Buff. N.O.A Phil.— lsl,6» 101 Virginia A Tcnn.— 69 — 101 103 Istmort 1,000 2,000.i.OOO'j. J. J uly, & no ii"2" 1908 1 8a 1241a 1251a Twcniyihlrd 2d. 78, St.— Stock. 100 600, OOOJP.&A. Feb., 100 Coas. 68,10'il Wll. A Weldon—Gold,7B 120 1 •. iBtmorl 1.0110 2.-.0, I 0OO:M.*N. Afnv. 113 1115" Ist. Tr. <"». 1022 Vilm.C. A Aiie.— lia Ill 112

\rbi9(olumnahowalastdlTiaendon ,tuc. , bat date ol maturity ot iuiiu. ' Bx^diTldeBd. tPersiUkre. | In default. {Kx-rghts; . . . :

Mat la, 1E88.J THE CHUONIOLK 531 KAILROAU EARNINtiS. ^$!7, M«nk»-—The tollowlii* iitat«niMat shows th« eondlUon^"'i *i'*' TIio latest railroad eomingx and the totals from Jan. 1 to of the Associated Banks of New York City for lh« week ending 1 atost date aro given below. The stittcment includes the fftoea at thweotnmHncemwnt of bnslni'sw on tlty i: earninKx of all railroiula from whioh returns can be obtained. Awr—» amaont sf— Lalefl Baming$ Reporled. Jan. I to LatttI Dale. BanJk*. OapUal. Loam iHu) Roadi. 0PM4<. £««sl Otretita. WetkorUo 1883. 1882. 1883. 1882,

S t S » % « I t * NswTork »,0(10,0()fl 9.000,001 1.430.000 4!ir,,000 T,f«l1.000 i'nroh 8ft.8i!2 68.88.5 251.721 AU.Gt.Sonthpni 190,100 Manhttttnn Co-. 3.ofio,ono i>.li7.(,00< l.rVjOilOH aai.'on 6.160.1100 Atoh.Top.A8.bV March 1,284.120 1,203,073 3,181,010 3,33,-i,773 M«rob»nis 8.>xio,aao I.O-^ci.WK. Oil.MX! «l",0«0 AniiAXi ua.tm liutr. I'lttKli.A W laniiHi'y... 78.t*21 62.150 78,821 62,1.50 MMhaolos' V,0«0.<100 7,4411,03(1 i,v:u,ooo 6is,(>ie Union I.MO.OIIO 4,27,1.800 Kiir.Ci Ith wk Apr GI.92S 47.894 855,568 880,805 «.'«,7,K1 2-(:i.:no i> uiri.300 Amsrieo S.llOfl.OOO 8,»T7,O00 Citimirn Pitottlt' :id wk Apr. »;t.,'J70 40,181 059,130 426,0,17 l.bOI.IXX) 427 .MXI »<1K4 200 I.IO Pbonlz. i.noo.coo ».lf*,000 42.i.U00 3I6JMU 2,I<»4.i«0 M7,ao Ced. K. & Mo. K. Iiinuary... 224.72a 2S.'>.444 224,723 2,55,444 1.(100,000 Sfty. ; 8.IW7.100 2,232,1100 HlM.ilOO H,r IJ.y;2i»ll, Morclrntfi' Uxch 1.000.000 S,3.''.lt.:ilKl Cliei>.ll0.H18 Leather Man'f'rs 000,030 8,010,800 411.7iX, 2ll^.><00 2.hi«.400 Ohio. Mil A.St. l> iBt wK.May 401.000 358.664 7,094,000 G.248,531 Seventh Ward.., ai.i.ooc M.^LHOO m-j.ooo 102.9,10 I.IIS.SOA Chic* Norlhw 1st wkMity 417,60(1 421,70(1 0.924,809 6.882,483 gtateof N. Yiii'k. HOC.ono 4J!(»,4'J« 6-*.O0l l»1.70fl «.aH6.8ai. American Kxch , 5,000,001 12,251,000 2,06«,oo(, Ch.Bt.P.MIii.VO Ist WkMay 100,40(1 84,000 1,552.728 1,535,088 815,000 Reoi 1100 (Commerce S,tl00,00( -,4.»M.000 2,4IS,7ili, 5411.000 8«O7.700 Chip. A W.Mlrh Ith wk Apr 31,052 35,738 409,964 471,314 iMOAm Broalwajr l.000,00( 5,913.400 1.1«3,8ki I2D.70C 4 .V«,«,x, 900,00(1 Cln.Ind.si.l.AC April 106,371 194,474 761,27f 802.868 MerOKntlle t,00(1.00( 6.067.300 1.0S«,0,)(j nSl.lOfi 6,r75.200 ivifiat ClncliiiiiUiHiimtli March 605.924 603,210 PaolHo 4-2-2.70( 2,2^8.400 :W2,3o(j 2li».l00 2.468.20'' Olev.AkriinACoi 1th wk Apr io.627 159.635 149,(135 Republic 1.500,00( 4.-;hi.4oo 828,400 :-4«,7oo 2.6i-i.lO(i B4(ijW Cbathara 450,00(- »0il,5,yi Col. Hock. V. AT M wk Apr. 63.474 69,924 783,416 728,125 8.45U,0OO im»,i,-X) 8,7-0 5(>; «6/)ao People's SiOO.OOC 1.418,1*00 ii3.a,x 151,400 l,701l.2.'( Dftnbury A Nor. .March l.^.OOl' 14,419 6,«0« North America,. 700.000 3.000.4X1 aiiOix 222,00(. Denr. * Ulo (Jr. Ist whMay 12(i,t)0(,' 135,0O(. 2,073.60' 2,109,039 Hanover 1 ,000,00(1 11.177,200 l,«17,8o( 101,400 10 env.& K.(Jr.W. Ist WkMay 1H,600 118.700 Irving B00,00( 3.i(M.000 3Jl,8o(j S4U,600 2.lM;.8if, 417,00* Oes Mo.A Ft. I>. ad wk .\pr. 0,120 6.08b 87,422 118,599 Uetrop.«litHn .,.. 3,000,000 12.612,000 I.l»72,0oi 514,ll(Ki »27I."(H t:/i 4 cou Det. Lan. A No.. nil wk.^pr 41,834 39,08.1 408,027 502,012 CItlfens' • 00,Oil(. «.87«.4i0 4i8,H,x 214,ao. 2.563.4*1 264 50* ^fassaa soo.oor 2.336,200 13:100 Dob. di Stuux C 4Ih\vk Apr 21.210 22,261 330,24' 360,350 I»O,8O0 2,621J!00 M&rliet BMt«rn 4th wk Apr 72,787 71,7 76 1.053.032 944,832 600,000 .«,«54.70C 451.a.K. 88,000 2.273.UIK 3t. Nicholas 600,001 2,62J.70O 230.2,)(, o;i.ioo 2.132.101 April... E.Tenu.V«.A«n 26.5,534 220,402 1,210,44!- 958,241 dhoe & (.eather., MO.OOO 2,8711.000 054,001 2:7,Uoo 8.461 0;0 EUx. Lex. A K.S March.. .52,994 31,416 150,52: 86,877 norn Kxchange.. i,ooo,oiic 4,611.000 871,8o( 171.000 8«0UJI01> 4.600 5,««7.l>00 Ernnsr. A T. 11 1th wk Apr 14.ti7l 17.808 227.050 245,217 (vontlnentul i.ooo,oo(' '•fA--iJor I9V.S0O 8 254.600 450,00* Flint A P. Miini. 4th wk Apr 63.6S7 53,603 822,073 716,814 Oriental 30O.0OC 2,175.SD0 1 01.0.^1 2'"K,Hiir 2.038.200 Ft.W. A Denver. Ithwk Apr 6,900 Marine 400,OI)(, 3.051,000 »77.om 175.000 3.e85.0n(> 2in.oo« Importers' Tr., 1,000.001' 18.413,800 4,"l,0,K GeorKiii March 350.155 A I».l»5l3d0 (,32t<«l9 148,041 114,257 425,738 Park li.OOu.Mf I7.5;M4XI I,<61.l0l. 20,M7U.O0t OraiKt Trunk... «S.M) WK Apr.28 32b.4 87 316,558 5,465,086 4,995,731 Wall St, Niitlon'l S00.00( l,70lt.400 202..S0, 115 1,10 l.OOl.Kor Gr.IiayW.ASt.f. 1th wkApr 9,770 7,815 121,996 119,041 North lUver lilO.OIX' 1,618.000 la.Oflc 2:4.00 I.MOOOO GulfColASan.Ft .^iiril 120,061 66,461 556,773 328,475 Bast River 250.0,% l,0»7A)0 170.S0P 1148-0 USrf.lOt 3S1.4M HaniiiliulA.St.Ji iHt WkMay 41.100 37,500 838,213 659,273 fourth National S.'iOo.nDi- 15,846,200 3132,701 871,500 15,788.800 088,930 HoHS.K.AW.l'cx Miiich 26,317 18,215 73,153 51.791 Central Nat 2,000.000 7,I'41.000 v54,uar 1.132,000 8 171.000 2*7.000 HoUB.A Tex.tVii March 708,103 575.815 Second Nation'l 300,000 Sfid»,UO0 74S.0,K SiO.OOO 4.84«,0a0 90,00* Ninth N.-iHonal.. 750,00( 5.70.),200 l.OM.ftn 441.TU0 ifiiV.'i.TC 990.00* lUlnoUCoii.dll.) April 463,307 499.934 2,037.392 2,147,536 First National.. 500.0(10 IS.OSa.OM 4:0.0ou :4,-2l,H00 44,»0« Do (Iowa) April 160,040 140.080 606.982 622,723 Third NatiuiiBl .. I,000.00( 4,«8B.50O 650.7.10 7,';8,llX) 5 331.311. Do Bo. Div. April 265,084 247.529 1 ,426,637 1,120.209 S. Y. Niil, Kxch.. 800.000 l,.1«0,8C0 146.700 )3»7uC ;,0-i7.2,» 268.090 Ind.Blooiii.A W. April 215,913 205.934 035,787 782,052 Bowery National !!50,'l00 I,b3.s,S0fl 286,000 179,400 1838.200 2i3.0Ce YorkCdunty.. 200,000 l.*39,,')00 IK.70U l-TC K.C.Ft.8. AGull ;!d wk Apr. 27,774 26.861 560.327 503.143 N. 614 2.008 9iKj 180,00* 'Jcrm'n Ainerlc'n 751,000 2,431,700 257,C0 86.6.10 2,013.800 K. C. Law. A 8o. .March 131,394 86.456 333.801 226.436 Chase National., S'lO.ouO 4,78-1.200 1,0011.1 10 319.000 5 fl27,7m 4iS,0N i<. Erie A West'n Ithwk Apr 26,507 34,684 452,502 435.997 fifth Avenue.,,, 100,0.10 2,I43,.<)00 473,(100 74 7.x 2 25iafK L. R. Al'l.Smltli Apiil 37,652 28,265 175.742 136,337 flerman Kxch. ,, 200,000 1,7*1 .8X 44.0.10 171,0-10 1.079.8 I^Kk.M.Rlv.AT. Apiil 29,456 21,060 128,809 78,.591 Germnnla 2,10,000 I,71.t).10O 71.5.)(i I48,0X 13>0J<00 LoDR iHlaiid 1st wkMay 55.90.T 50,816 647,424 591.953 U.S.Nat 500,000 4,604,200 1,038,400 20-<,>.00 4,111''.. 100 41{l,8(!* Louisa. A Mo. H. .January... 49.569 41,361 49,569 41,361 Lincoln Nat HOO.OOO 1,22:,2)0 ao.l'ifl 154,900 1,371.100 45 000 OarBeld Nat 200,000 835.-,:00 2J,tOO Loulav.ANiisUv. 4thwkAi)r 286,774 278,006 4,216,008 3,947,279 131,000 68S.400 179,100 Hnr.MoiiRli.AO .March 20,000 24.052 56.203 72,133 Total 61.162.700 315,.5O-,400 55,760,1' 20.0"7.83(' -206 071. 3 IS288,B<)» Memp. A Cliurl. \iiril S0.766 71,187 398,582 352,882 Mezieau Cent.. •2d wk Apr. 38.154 510,442 The deviaclons trom ruturna ot previous weeK. are as lom W9 : Do No. Div 8d wk Apr. 4,91(1 61,520 bosns and discounts Inc. I2.6t';.4a0 I Net deposits ... Inc. tT0t7.H'* Inc. 2.032 .300 Mexican Nat'l.. 4th wk .\pT 20,618 242,604 Specie | Circulation Dec 1U8^.0 tjeiral tenders Inc. 438,600 1 MU.L.Sh.AWefll Ist WkMay 17,830 14,51(1 311,075 28?,547 following are the totals for three Missouri I'aclHc. Ist WkMay 139,783 123,250 The weeks Loan*. Specie. L. letuUr*. Deposiu. Oentral Ur'ch. Ist wk.May 18,8(18 12,994 CircviatUm. Am. CiMr 1883. % % I t % - < Int. Ut. No.. 1 St A WkMay 57.900 46,217 Apr. 21....3:0,Sil7.M10 ,'13,819.800 18,4>3,5.i0 2^6,876.109 in.49l..10O 8-25,7T0.«Hi Mo. Kan. AT.. Ist WkMay lld.llP 101.947 ' 28.. ..312,895.000 53.736,810 Hl.fl39.000 289,922.4)> 16.HI3.4(K) 6l>l.>'2i93l Bt.L.lr.Mt.A8. 1st WkMay 119,493 124,143 May 5 ...315.107,400 53.789.i00 20.077.000 2a3,»70,*)0 18.233,000 '75.087,^* Tex. A Pacilie. 1st WkMay 97,55.i 100,302 Boston Banks. Following are the totals of the Boston bankc: Wal).8t.I..A P. 1st wk.May 28.i,485 283,502 — I.oanj. arccit. L. Ttnien. Depotitt.* CiTCUtalion. Agg. Whole Svflteiu cUar Ist WkMay 839.924 789,638 1883. « > * t t Mobile -Si Ohio April 128.462 141,957 696.746 008,388 Apr. 2H.. 1(2.7^9,300 4.683.000 3.168,100 8J.4S7.30(j 30,103.100 7S3-<8 93S NaslH'h.ASt.l,. March 206,164 177,336 598,814 523,063 •• 30 H2,l«3.«00 5.046.1KK1 ,S,.'S53.'i00 83.4S1.400 30.I.'M,200 64..i90.0l( 141.560.8iX) N.Y.L.E.&Wc»t. February. 1,283,616 1,304,758 2,808,485 2.023,755 Maj 7 . . 4.047.600 3.728.800 83,183.600 Sa.tWA.OOO 81.082.3M N. Y.AN. Kim'lM April 268,853 261,044 1,013,728 957,369 • IncludlnK the Item * due to other banks.' N. Y. Susq. A W. .March 76.974 51.219 211,783 136,908 Philnilelphia Banks. -The totals of the Philadelphia banks Norfolk A West. April 175,5f.-2 171.793 784,72 664,793 Northern Cent.. March.... 506.>-6o 114.789 1.492,982 1,235,708 are as follows: Northern Pacitli 1st wk.May 182,200 139.150 2,127,943 1,477,618 Loam. L. Tmdert. DepoHU, (TIrcuIatlon. Am. Clear Ohio Central lat WkMay 23,60t 19.065 317,433 311,350 1883. % t * » » Anr.2S 75.741.787 17.170.735 65.WM.784 9,823.r,41 57."S97 5?» Ohio A.Mixs ... I'Vbruaiy.. 263,99s 260.13 " SO 7j,f!il.6l>1 17.1«8,813 61I.136.013 0.761. IHl 4H.63S 71-S Ohio BouMiern. April 29.72(1 29.040 134,270 l'i3',382 May 7 75,2J>,1S3 18,3:)l,9T6 66,-!)il,a72 9.731.491 65.7eU.S3i Oregon A Cal . . .March... 70.50t 210,290 Oregon Imp. Co February. 233,140 210,930 473,683 411.133 Unlisted Securities.—FoUowiag are quoted at 33 New Street Oregon KAN. Cc March 418,10(1 420,380 1 .038,400 1.103,053 ma. Asked Bid. Atked. >!.Y.W..Sh.ABnff.-Stk Pennsylvania . March 4,189.381 3,912.29? 11,830,932 10,392,361 Am. Rallw'y Irap.Co— Peo. Dee. A Eve. 4thwkApr 17,512 20.348 213,525 233,514 Ex bouiis and stock. 2.5 46 del.wh.iss.ou old sub 37'3 SB's Fhlladelp.Al^rit .March 308,060 205,311 923,472 761.281 Atl. & Pno.— 6.-1, Ist 58 80>8 82 Phlla. & ileaa.. .March 1,669,241 1,610.089 4,731,878 4.403,585 Incomes 32 .33^ N.Y.Sus.AWost.—Stk .... 4 Do C. A Iron March 1,160.483 077.631 3,033.021 2,804,608 Blocks 35 per cent. . 1 1 14 115 Iiebenturea 58 67 Blobin.ADauv. Ist wkM.iy 159,50(1 t44,200 1,268.328 1,225,450 Cent. Brauch xS2 Preferi-*>d Ch'lCol.AAuK Ist WkMay to, .170 16,030 308,294 258,682 Incomes do .... 1st inort Coliiuib. A Ur. 1st wkMay 15,600 13,800 303,405 208,980 Am. Elcc. LlRht North Pac. div. bonds. Ofg 92'* 4()" Va. uiiillatid.. 1st WkMay tl9,970 115,761 480.148 40H,272 Am. B.inlsNotn Co. ..S.... No. Klv.Oonst.— 10i>p.clI5 117 West No. Car id wk Apr. 1 1,300 12,920 86.081 53,270 Bost.U.&E.—Newst'k !>s >a N,Y,ChlcASt.L, equip 621* St.Johnsli.AL.C lanuaiy. .. 16,763 13,575 16,763 13,575 Old '4 Hi Ohio C— Kiv. Div. Ist. 62ia Bt. L.Alt.AT.II Ith wk Apr 30,591 27.430 467.994 409.093 Buff. N. Y. i Ph.,new 20^ 31 Incomes 14'4 14\ Do (brclis. Ithwk Apr 15,900 15,537 268.904 266.340 Preferreil, new 69 62 Oregon Sh. Une deliv- 8t.Lonli< AUaiii ith wkApr 7.709 5,962 110,857 115.356 Brush KI.Lt.Par'iit Co ered when Issued 25 8t.L.ASaii Fran I St WkMay 65,900 58.700 1,200,099 1,077.904 Cal. & Chi. Ca'l A Dk Subs. 80 p. e 108 116 Bt. Paul A Dill. Ist wkMay 20.236 18,754 318,211 266.071 ChUiA Atl,—Stk.. .. 18 26 Uubs.ex-bd. Aa^... 54 Bt.P. Minn.AM Ist WkMay 160,000 149,020 2,581,196 2,005,633 Uo Boneflclary stk 13 26 Istniort BcPae.Cal.N.l (anuary... 86,939 73,882 86,989 73,882 Ist raort 105 Pensac. A Atl 2.% Do 8o. DIv.. lanuary... 299,733 320,560 299.733 320.580 Contin't'R'on8.-.85p 0. 471s 51 Istraort 73>« 7» Do Arizona. (anuary... 180,001 216,074 ISO.OOl 216.074 Ueii.& K.n.R'y—C^DS. 96 >4 99 14 Pitts. A Western 17 2tf Do N. Mex. lanuary... 56,574 66,469 50.571 00.469 Denver ! i > G, A West 31 % 31 iBtiuort Bcloto Valley.. .Vpril 37,762 41.408 152.599 154,621 Ist morn 80'e £1>S RIch.AD.KKt.siil.s.TO* 68

. 1 Boiith Carolina March 136.783 112,876 415,973 305,118 Denver « 78% """ Boverfl,ni» $4 <3•" «$4 s, silver >«« and »«s. — 99^9 par. Ke*ly Motor 10 subs NaM,l:M,Tis 3 83 « 3 87 Five francs — 92 9 - 95 Mahonln» Cnal A Ult ex-lHiiids inc. sorip X .'( K.'ii'l marks. 4 72 •9 * '7a Mexican dollars.. — 85 'a* - 80<« Mexican. Nut. Tonas Pac. X (;nilder^ 3 95 » 3 09 Do iinoommerc'l. — «4ia» - 85 >* Preferred U. :->. Klcc. Unht 126 Bpan'hDn, bloona.15 50 *ld 65 Peruvian soles. ... — 81 ® - 82 Istinort 46 Vloi'sh'tc A Meridian.. &* Istraort 06 10<» Mex. Don I loons.. IS 45 WIS 60 English sliver 4 75 » 4 1:2 Mleh.AO.--3ab8.65p.o 6C «s Fine slIvcT bars 1 ooija 1 loia Prus. sllv. tbalers. — 68 » - 7oJ« M.U.St'kTruBt Certs.. 17% 2dmort Inooiues 28 33 Fine gold I ars.. i>ai*iA M pn m. U. 8. trade dollars — 99 >4 « -9(">8 M. K. A. T. ino sorip WlseonslnCeotral.... 21 Dimes A H dimes. — OO^s^ par U. a. allTerdoUarb — l>9

562 THE CHRONICLE. fVjL. XXX- L

ABSTRACT FROM REPORTS OF THE NATIONAL BANKS MADE TO THE COMPTROLLER, MARCH 13, 1883.

Deposits. Loans and Legaltenders discounts. March 13, 1883. Capital. Surplut. aoid. Silver. and XT. S. f Including certificates ^•S?. Individuah OthT. overdrafts.) of dejH s (. Maine 72 $10,485,000 $2,607,757 $9,767,781 $139,412 $18,696,059 $335,250 $66,233 $222,694 12(i,76il Hew Hamiwliire 49 6,080,000 1.118,321 4,177.187 328,964 8,286,104 42,150 . 132,432 VeiTuont 4a 7,786,000 1,795,007 5,459,316 30,808 12,478,180 154,280 45,824 234,137 Boston 64 50,750,000 11,420,462 61,591,232 108,018 109,015, «66 4,768,63:' 131,747 3,677,233 Massacliiieette, otlier... 191 45,403,.'>00 13,416,894 43.195,n71 290, li9 83,013,406 1,289,600 275,975 1.576.613 Rliode Island 62 20.315,030 3,980,365 11,076.284 119,319 30.037,149 270,771 61,834 409,210 Connecticut 87 25,706,820 6,872,381 22,677,594 245,853 42,089,713 1.027.958 154,295 931.968

Total Division No. 1 . 501 $166,525,370 $41,212,087 $100,944,965 $1,262,503 $303,616,277 S.167,26] $778,058 $7,181,317 New Yorls City 4» $50,350,000 $23,322,503 $217,008,301 $675,194 $239,085,537 $41.402..503 $1. -.89,368 $15,353,371 Albany 7 1,800,000 1,403,000 7,256,540 79,105 8,973,341 512,006 27,689 691,113 Now York, other 252 33,914,160 8,474,360 79,602,717 700,228 89,728,922 2,437.136 520,387 3.561,210 New Jersey 66 12,000,350 3,702,165 27,999,128 185.099 31.752,003 677,374 233.530 1,537,454 Pliiladclphia 32 17,558,000 8,641,803 58,609,256 235,170 60,178,012 5,086,336 e:;2,333 5.451.922 Pittsburg 23 10,050,000 3,267,015 21,499,723 228,469 25,695,264 1,420,292 145,619 1,614,698 Pennsylvania, other 207 30,813,06« 8,707,004 61,730,158 361,012 66,001,403 2,708.540 656,351 2.900,105

Total Division No. 2.. 635 $156,4^5,578 $.57,515,749 $473,705,823 $2,467,277 $521,414,483 $54,244,187 $3,505,877 $31,112,873 Delaware 14 $1,743,935 $554,518 $3,583,314 $48,788 $4,004,1-8 $107,05 $49,892 $161,063 Baltimore 1 11.490,330 2,658,383 17,971,659 110,304 26.604.893 710,998 158.741 2.207,048 Maryland, otiier 23 2,179,151 735,072 5,438,503 5.429,921 189,482 60,194 277,517 Wasulngton 5 1,125,000 247,655 2,174,392 41.668 2,028,491 131,403 3!),030 256,769 Dlst. of Columbia, otlier 1 252,000 60,000 631,378 335,862 66,200 6.708 67,000 Virginia 21 3,321,300 1,097,524 10,594,812 43i>',83'9 11,527,542 295,289 93,2 8 562,019 West Virginia 18 1,836,000 480,098 2,347,999 3,393,261 162,287 42,235 197,646

Total Division No. 3. 99 $22,247,70(i $5,833,250 $43,012,057 $652,.599 $53,321,158 $1,662,710 $450,0.58 $3,729,061

Nortli Carolina . . 14 $2,351,000 $470,839 $3,529,421 $175,404 $4,320,960 $81,898 $295,084 Boutb Carolina . . 13 1,885,000 700,038 3,606.004 168,504 3,287,523 99.505 350,3,50 Georgia 13 2,331,000 606,400 3,453,260 118.360 4,180,350 174.591 308,553 Florida 2 100.000 11,742 512,421 370,984 3.223 55,500 Alabama 9 1,408,000 290,600 2,024,39 40,234 1,879,218 45.900 223,629 Mississippi 2 111,750 2,566 222,.557 48.773 18.460 12,873 New Orleans 7 2,875,000 1,055,000 10,467,977 9,671,505 465.238 1,176,815 Louisiana, otlier. 1 100,000 595 98,12^ 131,167 6.258 9,333 Texas 26 2,402,000 814,450 7,103,«S6 191.797 6,810.694 216,401 1,012,224 Arkansas 5 455,000 65,000 82?, 347 88,655 675,587 13,766 S.i.519 liOuisviUe 9 3,551,500 656,974 2,848,096 794,885 7,138,258 81.235 389,012 Kentucky, other. 49 8,540,900 1,!^04,833 8,643,938 393.640 13,302,738 73,367 483,607 Tennessee 30 3,865,300 691,040 9,354,206 284,100 9.076,873 216.842 705,494 Total Division No. 4. 180 $30,036,450 $6,870,077 $'2,692,892 $2.055,581 $60,924,630 $2,602,366 $1,496,689 $5,143,993 Cincinnati 1 $8,600,000 $989,000 $13,629,797 $735,000 $20,368,615 S2,S78,930 Cleveland 6 4,200,000 740,000 7,403,017 462,820 10,375,215 1,055.500 Ohio, otlier 172 20,614,300 4,095,705 37,062,081 433,805 44,006,112 2,694,772 Indiana 95 13,373,500 3,618,965 24,547,745 780,924 29,103,276 2,034,888 CUcaKO U 8,550,000 2,365,000 31,272,443 58.437 39,776,470 3,423,021 Illiuois, other 144 12,416,568 3,7^2,933 34,810.673 781,296 33,022,088 2,050,040 Detroit 5 2,650,000 140,000 7,255,49- 468,927 8,532,750 588,674 Mlchi);8'i, other 79 7,935,000 l,799,20:i 18.389,998 35,947 21,114,663 767,998 Milwaukee 3 650.000 285,000 4,016,810 401.316 3,698,551 368,570 Wisconsin, other 40 3.110,00J 680,204 10,112,897 59,841 9,479,610 414,095

Total Division No. 5.. 567 $82,149,368 $18,496,010 $188,520,957 $4,278,313 ,$219,477,350 $14.794, 62f $15,796,508

Iowa 07 .>H7,907.2('0 }! 1,802,804 $; 8,175,474 $128,188 $18,817,186 $1,019,967 $1,329,283 Minnesota 3 6,270,000 1,259,110 13.8^6.181 416,541 18.08S,691 606,738 736,134 St. Louis 6 3,150,000 690,930 5.322,442 117,014 9,847,360 761,720 1,169,831 Missouri, other 22 2,130,000 450,400 5,000,124 49,726 4,.502,023 220,951 318,485 Kansas 24 1,625,000 318,769 4,600,684 322,160 4,145,261 175,029 417,517 Neliraska 29 2,175,2U0 353,750 6,210,899 308,120 7,608,066 305,051 412,020 Total Division No. 6.. 213 $23.257,400 $4,875.763 $53,195,804 $1,341,749 $63,608,590 $3,089,156 $509,120 $4,413,270

Colorado $1,445,000 $693, .500 $9,777,693 $281,001 S7, 1 36,376 $440,153 $88,304 Nevada 75,000 18,618 107,601 184,110 38,910 2,416 Ban Francisco... 1 1,500.000 202,469 2,155,099 2,526,505 1,178,121 11.480 California, other. 11 1,800,0(0 376,890 6,877,0.50 11,459 4,343.157 1,515,928 56,212 OreRon 2 300,000 55,000 2,518,100 494,919 1.997,840 484,093 42,431 Total Division No. 7. 34 $5,120,000 $1,346,475 $20,205,552 $787,379 $16,187,983 $3,657,20 $200,846 $937.658 Arizona $100,000 $500 $116,561 862.782 $85,358 $20,020 $2,088 $15.-50 Dakota 24 1,410,000 221,021 2,966,S27 99.854 2,861.678 100,197 27,390 300.505 Idaho 100,000 20,000 343,711 117,120 2,25- 4,020 33.000 Montana 1,175,0017 lOI.SfO 3.669,684 129,378 3,463,973 150,8.'.4 20,60(; 390.411 New Mexico 550,000 134,702 1,334.761 135,747 1,120,078 133,c82 16. 07 92,956 Utah 425,000 155,000 1.184,988 66,771 710,838 2'.i7,65'i 8.642 33.707 Washington Territory. 450,000 42,750 780,115 1.116.769 16l>,14:i 14,855 14,492 Wyoming 425,000 98,000 1,316,004 61,165 1,055 599 106,067 4,0J2 51,437

Total Division No. 8.. 54 $4,635,000 $773,473 $11,713,3511 $555,697 $10,561,403 $905.; 104.2:111 $935,338 Total for United States. 2,3431 $490,456,932 $136,922,884| $1,U04,1U,401 $13,401,098 $1,249,114,879 9,123.092 $8,839.-75 $69,253,068

STATEMENT OF THE NATIONAL BAMKS OF THE RESERVE CITIES, AND TOTALS. « Totals for fe.s Resebve it . Cities, ic. ^ J. 8 ^.S = 3 fP fl Kesources. Mil's. Mil's. Mil's. Mil's. Mil's. Ifil's. Mil's Mil's Mil's. Mil's 2Hl'i Mil's. Mil's m's Ml M it's Mil's. Mil's. Loans 109 02' 239-09 8-97 60-18 25-70 26-61 2-03 9^67 7^14 -20-37 39-78 8-33 3-70 2-53 583-55 665-60 1.249-1 Bonds for circulation.. 34-31 19-67 1-72 10-78 7-30 7-54 •73 ^•48 2^88 6-28 1-08 •93 -60 •60 99 56 255-17 354^7 Other U. 8. bonds •24 4-37 •12 •50 -40 •30 .o., •33 •90 1-19 2-19 •51 -55 12^83 21-82 34^7 Blocks, bonds, &c 2-74 1306 •07 5-41 •81 •0 -1( •49 •05 -69 112 •09 34 25-83 42-61 68^4 Due from banks 17-86 18-79 2-74 11-73 4^48 290 •5' 151 1-16 4-30 9-80 259 109 •33 82-92 122 34 205-3 Real estate 3-23 10-69 •33 2-59 1-47 •73 •44 •33 •12 •26 •41 •08 •12 21-41 25-65 Gold 491 4-77 41-40 •51 5-09 1-42 •71 •13 •49 •25 •27 6-20 •51 -36 i^Vs 64-29 24-85 801 Silver •13 1-29 •03 •63 •15 •16 •04 •46 •08 •05 •42 •07 •02 01 3-00 5-22 8^8 Legal tender notes 2-98 13-51 •18 3-43 161 1-14 •20 1^18 •39 1^52 2-65 •59 •37 01 31-97 28 87 60^9 National bank notes.... 1-44 1-32 •10 •5» •30 34 •04 •14 •07 •18 1-01 •10 •01 6-24 13-90 20^2 Clearing House excli's. 811 82-10 •18 793 1^45 1-65 1-24 •03 •27 2 37 •17 •13 "•24 106 62 1-18 107^8 8. ccrtitic's of •70 U. deposit 1-85 •51 203 1^07 •06 •86 •T, 7^85 •56 8^4 Due from U.S. Tr'surer. 1-67 1-02 •08 •52 35 •34 -03 •11 •14 •29 •11 •05 4^93 1181 16^7 Other resources 2-16 3-53 •17 1-24 •47 •26 •12 •13 •26 •58 22 •20 985 17^87 277 Totals 18936 451-74 15-71 112-64 43-82 4-72 18-56 13^47 37^ 11 17-27 6816 1448 734 16-23 4-93 1,061-5 1,2374 2,2989 Liabililiet. Capital stock 50-75 50-35 1^80 17-56 1005 11-49 112 2-88 8^60 4^20 •65 178-85 490^5 Surplus fund, 355 265 315150 31161 11-42 23-32 1-40 8-64 3 27 2-(i6 •25 66 •99 74 •14 •29 69 ^20 58-10 Undividtd 106 78-84 1369 proflts 5-59 10-20 •29 2-20 •71 1^35 •09 36 •29 •62 •47 •31 •15 24 -11 2407 35-25 59 3 Circulation 30-43 17-23 1^53 9-62 6-47 6-61 •62 2^15 2^59 5^49 1^70 •82 •54 •681 3! 87-50 225-49 3130 Due to depositors 64-70 217-68 731 58-85 21-73 18-09 2-52 10-47 361 14-3^ 7^80 7^73 4-48 544 216 478-39 53914 ,01 7^5 Due to banks 25-71 132^79 3-35 15-74 3-58 3-54 •12 1-62 230 6-57 125 2-83 1-18 5-99| -65 231-33 40-18 2715 Other UabUities •76 •17 03 -10 -08 •02 •44 •41 1^05 05 •04 .... 3-21 6-94 102 Totals.'. 189-36 451^74 15-71 112-64 45-91 43-82 4-72 1856 13-47 37-1) 17^2; 68-16 14-48 7-34 16-23 1 4 03 1.061-5 1.2374 2,2989 —

Mat 12, 1848.] THE CHRONICLR 583

purchased the moiety Interest of tha Penoiylvanta Rallr'jad luuestwjents Company in the Indianapoliii &St. L'>uU Railroad, in that tha AND embarraiuiment incident to the ownership of the property by two competing lines is now reraovnd. It waa to thw CITY AND CORPORATION FINANCES. oonataral STATE, alliance th%t the financial disaster to oar former leaaeu eom- panv was attributable. The iNVKBTORa' Supplbmbst eontain$ a eompUtt exhibit of the "Negotiations for a new lea«6 of the Funded Debt of Stale* and Oitie* and of the Stock* and Bond* main line and Alton branch of this company to the succeesor of our former leiwee of Railroad* and other Companies. It m published on the last the Indianapolis & St. Louis Railway—were inaugurated soon B'Uurday of every oiher month— vit., February, April, June, after the formation of that company, and finally concloded, August, October and December, and is furnished utithcut extra and a new lease executed on the 23d day of February, 1888, %karge to all regular lubseribert of the Chboitiolx. Single eopie* bat to take effect as of, and be in force from, the Ist day of Novem- are totd at 13 per copy. ber, 1882. This lease is executed to the Indianapolis & 8t Louis Railway Railroad Maps. Company and the Cleveland Colnmbna Cincin- nati & Indianapolis Railway Company as joint leMeea. The The railroad maps publiHhed ia the last isHae of the Invest- lease is made to run for ninety-nine years, and is modeled sab- OBa' SUPPLEMEST hare been received with mach favor by the stantially after the old lease, except as to the rent reserved. Under the existing lea.< and operated in the intere.st of the New York Central Railroad No general balance sheet of assets and liabilities is given la Company. Piior to the foreclosure, the Cleveland Company the report. : . . : .

534 THE CHRONICLE. IVoL. XXXVL

Eeutucky Ceutral. 1831. 1882. All other dues and accounts $103 813 $188,776 (For the year ending December 31, 1882.) ProUt and loss 12l'649 209,623 The report of the directors, and Mr. M. E. Ingalls, President, Total liabilities Is condensed as follows $11,946,200 $11,317,198 •• The re-building of the line, which was in progress at the date Little Rock & Fort Smith. of the last report, has been continued. The track between Cov- (For the year ending ington and Lexington has been brought into very fine condi- December 31, 1882.) The length of tion, except its bridges, and these are being re-built with new road from Little Rock to Fort Smith is 165 miles, mafconry and iron superstructure. The Maysville division has and branches 3 miles, making 168 miles in all. The President. Mr. J. been largely improved, and is in condition to do all the busi- XL Converse, says in his report: "It, will noticed ness that may be offered. The equipment has been improved, be that the gross earnings "for 18S2, as compared with the and additions made in order to be ready for the increase of same in 1881, show a falling off. ITiis is accounted for by the traffic that is expected from the extension. Work on the latter severe drought of 1881, which made its influence felt until the is progressing very well. The board hope to open the line cotton crop of 1882 was fully assure i; and, inasmuch as from Paris to Richmond by July 1 next, and the balance of the the movement in the same did not commence much before October, line later in the year. Finding that the extension into and our monthly receipts until then showed a falling off through Richmond involved a large outlay, your board thought fronithe previous year. Since then the receipts have been best to lease or purctia.se of the Louisville and Nashville steadily gaining over corresponding months of year The before. Hailroad its Richmond Branch, so called. Negotiations were number of bales of cotton transported over the road in opened and resulted in the lease of this branch for ninety-nine 1882 was 94,842, against 92,403 for the previous year; and from Jan. years from January 1, 1883, for $24,000 per annum, with a right 1, 1883, to April 1, 1833, 23,638 bales against 8,463 bales to purchase at any time for $400,000. By this lease the Com- for year before. There were canceled in 1882, $14.5,000 bonds; canceled previously, pany get what terminals are needed in the city of Richmond $113,500; total, $2oS,500. From Jan. 1, and three miles of road that it uses in its extension, and a valu- 1883, to April 14, 1883, the trustees canceled $51,500; total to able feeder thirty-one miles in length. While the road has not April 14, 1883. $310,000." * » * been profitable "It will be noticed from hitherto to the L. & N., it is thought the con- ^ the figures given that our land sales show ditions of traflic will be so changed by our extension as to make a considerable increase in the number of asres sold over * it a good lease to our company." * * * that of previous year. With one exception, the lands sold * hy the Treasurer's report it will be seen that the gross earn- were to actual settlers, the exception being a lot of timber land, ings have been $724,363, and the net $309,273. After paying on which it is expected a saw-mill will soon be erected, which interest and taxes, the net profit for the year was $130,230— will contribute considerably to our business. Besides sales about 2)4 per cent on the stock. As the company was selling made by this company the Government has sold land within bonds to build new road, it was not deemed advisable to divide the limits of our grant amounting to 100,000 acres." * * « this, and it was carried to the profit and loss account. During "Last December, the St. Louis & San Francisco road ex- tended its the year the preferred stock outstanding, amounting to $.^00,- line to connect with our road at Van Buren. It is 000, has been called in at par and canceled." * * " Since now too soon to predict how much this connection will benefit the close of the year your directors have sold 1,702 of the con- us; btit from present indications we have reason to expect a soliaated bonds at 95 and interest, thus obtaining funds sufficient large increase to our business from it, as it gives us a line reach- to to pay the 5)780,000 of old 7 per cent bonds falling due March 1st ing ICansas City. next, and leaving a balance sufficient to complete the extension "In the early part of the year a suit was brought against our The company still has unsold $564,000 of the consolidated bonds. company by holders of the Arkansas State bonds in aid of rail- ways, The filed liabilities of the company after the current year will to which a demurrer was entered; this was overrulea by be as follows the court. The case will now be tried upon its merits at the Comparative statistics for two years hive been arranged for Circuit Court, to be held in Keokuk, Iowa, some time in June the Chkonicle as follows : of the present year." Interest Earnings and expenses on consolidated bonds SfG,f)36,000 at G tier cent. $36" 160 were as follows : Intoiest on of $400,000" SlaysviUo Div., 7 ixr cent bonds .". 28^000 Interest"' ' on " EARNINGS AND EXPENSES. >f;2'20.0(iO old' Iicr cent bonds, dui! lu 1835 IsllOO Kfcutai of .' ...'.'.'.'.'... Gross earnings for the year Kluhuioud Branch '2i ,000 $539 1.S3 Operating expenses for the year ...J...... '.'. 3oil939 ^"•^l $429,160 Net earnings $237,193 "To pay this we estimate will require OBe million of gross Poyinenls— earnings. For the last year the earnings have been on 150 rnlciestoa bonds $175 393 1 nteicst on scrip miles of railway $724,363, requiring an increase to 32714 meet the Interest, taxes and insurance 18289 above estimate of nearly cent, 40 per while the increase in mile- Gcnoial expenses .....'.'. will 0,'8o9— 236,250 age te 66% per cent. As the new line is through a fine country for local traffic, Surplus nearly all of which will go over a large " ' $937 Operating expenses, 5601 per cent of portion of the old line, it would seem that more than the required therc'oeipts." increase might be expected from the local business alone. In STATEMENT OF TUB ANNUAL EAENINGS AND EXPENSES FOE FOUtt VEAKS. addition to this a large through traffic is expected from the 1879. eonnection 1831. 1882. with the Kast Tennessee Virginia & Georgia system " Passengers .$111,052 $203,859 $174,964 Pri-ight Comparative statistics for two . 237,844 319.379 323.711 years have been compiled for Express the Chbowcle as follows: 7,125 16,479 17,928 '} olearraph 3,301 7,:W7 6,899 KOAD AND EQDIPUENT. United States mail.. 9,959 9,9.^9 11,064 Miscellaneous 1881. 9,104 5,672 4,565 Miles owned., 1882. 100 100 UUes leased.. Total earnings. . . $370,686 49 49 $510,287 $562,657 $339,133 Operating expenses. . 189,122 257,828 301,912 301,939 Total operated 149 149 Locomotives Netreceipts $181,563 $252,459 $260,745 $237,193 , 10 Fassenger, mail and 22 express cars'. 25 STATEMENT OK TUP, LAND SALES OF THE LITTLE ROCK .6 FORT SJIIIU Freight and 29 other cars 337 eii KAILWAV, FKOM OPENING OF THE BOAD TO DEO. 31, 1883. FISCAL Aereg Eamtngs—_ KESULT8. rear. Sold. Amount. Tear. Acres SUd. Amount 1881 1882. 1875 9,781 $11,687 1882 49,431 $107,587 $247,709 187G 39,459 169,686 iTeisnt 43JJ Q„2 1877 40,070 176,659 Totals ...367,350 Mail, express, 434,316 $1,469,293

Mat 13, 1888. J THE CHRONICLE. 635

with "The West Jeney & Atlantic Railroad, oonnectini; yonr Lonlslana ft HiMonrI Blror KR. lino at Ni-wlield, thirty miles from Camden, and extending, via (For the year ending December 81, 1883.) Jlay'H L.mdiug, to Atlantic City, in thirty-four and a half mileH The annnal report of the direoton, In the lou^;, and is operated by the West Jirsey Kailroad Company. foim of a elroalar iwaed to stookholdem, states Tbx net earniogs from traf&c durinif the year lUS'i were the mileage, bonded debt aod lock, and also gives the >57,408. following: " The passenKer and freight traffic carried npon the Weot OniBU INDF.nTBDHCM, Balnnrn ilno Jnn. 1. 1S33, Jersey Railroad to and from th« West Jersey li Atlantic Rail- on note t«i the Oblnsim * Alton Kit. Co., duttiated If suHlclent for that purpose 9200,000 to take effect January Ist, 1SS3, will, in controlling the busi- r>ess piiynient a Operating apenses— $ $ 1830 Maintenance of way, 4o 130,070 164,276 Motive power ,. 170,511 188,311 Maintenance ot cars...! 26,374 3), 166 GENERAL INVESTMENT NEWS. Transportation expenses 203,125 260,843 Oeuoral exjieusca 10,234 10,147 Albany & Susquehanna.— The second mortgage 7 per cent Total (including taxes) 560,953 654,743 bonds due in 1885 can be exchanged by the holders for 6 per Mctcamings 427,572 451,667 cent consolidated bonds dae 1906 by paying 8 per cent difference IKCOMB Accouirr. in price. An item previously published had given the impres- 1881. 1882. sion that the exchange could be made a part without thj pay- — Receipts $ $ ment of any difference. KeteaniinKS 427,572 454,667 Other receipts 3,074 Central of New Jersey.—Mr. Williamson made application in behalf of the Central Rail- Total income 430,610 454,067 to Chancellor Runyon at Newark with a view to taking its property out of DiHbnrsementa— $ $ road of New Jersey, Kcntali p.iid 33,031 33,031 the hands of the receiver. The petition filed by the company- lotcroKt uii debt 175,720 177,118 represented that it is solvent, and prays that the property and Netearn'issoIW. J. iAtl. andP. 4 0. C.KRs. 53,03 57,775 assets should be returned to it and the receivership ended. Dividends 54,390 82,807 Chancellor made an order of reference to Bate of dividend 4 p. c. 6 p. o. Upon the petition the J. D. iSedle, one of the special masters of the court, to inquire Total disbursements 316,184 3r)0,734 and report as to the truth of the matters set forth in the Balance, surplus 114,162 103,'.)33 OEKSRAL DALAKCB AT CLOSB petition. OF KACU FISCAL YEAR. lease of the Central Railroad 1881. 1882. —It is reported that a draft of a of New Jersey to the Philadelphia & Reading Railroad was pre- Ballrniui, buildings, &0 2,516,882 2,609,329 sented to the directors of the latter road at a meeting In Bqulpmeni 561,297 561.297 that Mr. Franklin B. Gowen, the President of Bealestiito 210,315 210.315 Philadelphia, and Stooksowned. cost 4.54,590 479,790 the Reading, laid the draft before the Executive Committee of Stookton Uotel 250,000 2.'iO,000 the New Jersey Central. The terms, as reported, provided that Bills and acoonuts receivable...; 106.899 83,380 should the Reading guarantee 6 per cent on the $18,500,000 of Material", fuel, &o 97,668 62,680 Central, a.ssnme its obligations of every Cash on li.ind , 29,149 43,746 stock of the New Jersey BInkiniffnnd 193.7.50 206,250 nature, and keep the road in repair. Mr. II. S. Little said no Miscellaneous Items 5,186 5,186 official action could be taken by the directors until the read waa receiver. Total osscU 4,425,730 4,501,979 taken out of the hands of the Liabilitits— $ $ Delaware & Hudson Tanal.—At the annual meeting of the 8tok, common 1,359,7.')0 1,377,7.50 Delaware* Hudson Canal Companjr this week, the old board was J'nniUil debt (icc8urrLKMBST) 2,761,900 2,7.'>4,90 • increase the capital stock bv All other dues and re-elected. The proposition to accounts 53.423 adopted. "West Jersey & Atlantic RK 44,253 39,596 $10,000,000. making it $30,000,000. was unanimously l.'npnlil in 1884, mterett and vouchers 114,251 71,483 The stock is to be issued as follows, vix., $3,600,000 rrulit and loss 201,822 of 145,582 $1,000,000 in 18S7 and $5,500,000 in 1891. the obj-ot the equal »ant of 7 per cant b>nd». Total lia'jllitles 4,125,736 4,501,979 issue being to take up an am — — .

586 THE CHRONICLE. [Vol. XXXVL

The resolution provides that 35,000 shares shall be apportioned Sapital stock of the Pennsylvania Anthracite Coal Co., be- ing the controlliug interest thereof, par value stockholders of record 24, 1883, at par at the rate $1,010,000 among May Capital stock of the Lodi Branch R. R. Co., being the entire of one share of new stock for every six shares of the old stock capital thereof, par value 60,000 held by shareholders on the date named. Capital stock of the Middletown Unionville & Water Gap R. R. Company, par value 40,250 Denyer & New Orleans.—The Denver & New Orleans Con- Loans to coal producers, secured by bond and mortgage on struction Company, which built this road, failed to pay to the coal properties worth over $1,500,000 225,000 Mercantile Trust Company |1,400,000, with $155,493 interest to The company control the Hudson Connecting Railway Com- April 1, 1883, and the Trust Company announced that it would pany, by reason of the ownership of $400,000 of its bonds, sell at auction the bonds and stock of the railroad company being the entire issue, and $94,000 out of $100,000 of its capital pledged as collateral security for the loan. This probably means stock, the charter of this company giving it the right to con- a transfer of the property to Mr. Jay Gould. The Denver & New struct a line of connecting railway through any portion of Orleans Eailroad is in operation from Denver south to Pueblo, Hudson County, N. J. 125 miles, of which 89 miles was built in 1882. It also operates Provision was made under the terms of consolidation for the 13 miles of branches—to Colorado Springs and to St. France- conversion of the several classes of securities of the Midland ville coal mines. Ei-Governor John Evans is President of the Railroad Company of New Jersey, consisting of capital stock, company. The Denver News of April 26 said that the man- income bonds and scrips, into the preferred and common stock agement was preparing to extend the road south from Pueblo of this company. The amount of these securities issued was

to Tuscola, on the Canadian River, about 380 miles from Denver. as follows : The route is almost direct, and will make connection at Tucson Capital stock $3,000,000 with the Fort Worth & Denver City Railroad, now finished to Income bonds Class A 3,000,000 Incmne bonds Class B 1,563,332 in Texas, just of Wichita Falls, Wichita County, south Red Scrip No. 1 1,2»1,647 River, 114 miles northwest of Forth Worth. Scrip No. 2 137.200 Eastern (Mass.) In the Supreme Judicial Court of Massa- — Total $8,997,17» chusetts the hearing on the bill in equity brought by Willard Of these securities there has been converted up to April 23, P. Phillips, one of the trustees of the mortgage of the Eastern 1883, into preferred stock- Railroad, against the corporation and two other trustees, to en- Stock $2,131,550 Into common stock join the execution of the lease of the Eastern to the Boston & Income bonds. Class A 1,596.322 Maine^ was postponed till the 29th of May, when it will be Income bends Class B 631,975 heard on ifi merits. ScripNo. 1 856,032 Scrip No. 2 89,840 Massachnsetts Central.—^The tmstees of the Massachusetts Central Railroad have finally taken possession of the property. Total amount converted 5,605,719 Until foreclosure and re-organization, the Boston & Lowell Rail- Leaving yet to be converted $3,391,460 road will operate the Massachusetts Central as agents for the For the conversion of whic^h preferred and common stock to that trustees, using the rolling stock and train-hands of the Central, amount has been issued in trust, to be applied to the liquidation of the but having no interest in the receipts, being paid by the trustees same as fast as the securities are presented for that purpose. to operate the road merely. The general office of the company is at 93 Liberty Street, York City, at which plate is the transfer oflice. Milwaukee Lake Shore & Western.—The following state- New President, Frederick A Potts; Vice-President, Wm. S. Dunn; Treasurer, ment is for the year 1882 : R. S. Chapel; Secretary and Transfer Agent, J. P. Raflferty. Gross earnings $906,318 that Operaliiiif expenses - 578.044 The committee recommend New York Susquehanna & Western Railroad common stock. $13,000,000, preft^rred stock, Net earnings $328,274 $8,000,000, first mortgage G per cent bonds, $2,500,000, and Interest charges 199,071 debenture 6 per cent bonds, $600,000, be placed on the regular Surplus caiTied to Income account $132,792 list; and that Midland Railroad ot New Jersey first mortgage ft cent bonds, now on the free list transferred Mobile & Alab.ima Grand Trunk.—At Mobile, Ala., May 7, per $3,500,000, be the foreclosure of the Mobile & Alabama Grand Trunk Railroad to the regular list, next after the before mentioned debentures. was made to a committee representing the bondholders, for N. Y. & Texas Land Co.—The New York & Texas Land Com- $350,000. The road is completed from Mobile to Jackson, Ala., pany lately sold a large block of its land to New York capital- 64 miles, and surveyed northeast through the Cahaba coal ists, receiving in payment notes secured by a first mortgage on fields to Birmingham. The purchasing committee consisted of the lands sold bearing interest at 5 per cent. The company George Arents, Edward R. Bacon and P. D. Barker of New proposes to place these notes in the hands of a trust company, York, and D. I. Parker of Mobile. and asks scrip-holders to name a price at which they will ex- Mutual Union Telegraph.—The Mutual Union stock was change scrip for the trust company's certificates represented by reduced from $10,000,000 to $2,500,000 by vote of May 5, and a said notes, in order to redeem the scrip. The scrip is prior to new company called the New York Mutual Union Telegraph the stock, and must be retired before anything is paid on the Company will issue its stock, par value $25 per share, in ex- latter. Scrip outstanding is about $5,000,000 and stock about change for the old stock. $1,500,000.—iV: Y. World. New York Central & Hudson Elver.—This company New York West Shore & Buffalo.—One of the interesting requested to have placed pu the list, the debt certificates of the events of the week was the opening of the bids for the New New York Central Railroad, dated August 1, 1853, falling due York West Shore & Buffalo first mortgage bonds, of which were offered for subscription Messrs. Winslow, May 1, 1883, $6,632,000 ; denominations, $1,000 and $500 ; the $4,117,000 by time of payment for which has been, by authority of the Lanier & Co. The total amount bid for was $10,426,000, directors, extended for ten years, with interest at five per cent and the awards of the amount offered were at prices ranging per annum, payable semi-annually. May and November. The from 80"04 to 83-79 flit. The bids were largely from prominent

details : fellowing has been affixed to each bond so extended : houses or capitalists, the being as follows Kame. Am'lrtfJids. Rate. Xame, Am'tnfBds. Sale. For value received by e.ncli it is mutually agreed l)y tlie York New H. Amy & Co $500,000 78 ' 20.000 7901 Central Hudson Eiver Kailroad and the of fore- & Company holder the Kul]n,Loeb& Co. 30,000 79 10,000 78-88 debt certificate. No. , that tlie principal thereof shall foing not be H. V'rNewcoMib 200,000 781,0 10,000 78-76 ue uor payable until the First day of M.ay, 1893, with interest at the E. F. Winslow .. 200,000 78-ia 10,000 78-63 rate of live per cent per annum, piiyaWc seralaunuully, according to Horace Porter.. 200,000 78 DeNeufville&Co 10,000 78-51 the tenor of coupons tliis twenty new herewith. The consent to agree- 200,000 78 10,000 7d-38 ment by the holder of said debt certificate is evidebccd in its surrender G.M.Pullman.. 78-15 10,100 78-26 hy him for the purpose of having tliis agreement alhxed tliereto, I and Kuhn,Loeb& Co. 70,000 79 10,1100 78-13 by his acceptance of the coupons. accompanying 10,a S. W. Boooock < 7pl9 New York Susquehanna & Western.—This railroad company ( 10,000 79 J4 &Co ICO.OOO ,',)o0 7Sia makes the following statement to the Stock Exchange: J. & W. Seligman Bald win Weeks &Co 4,117,000 78-25 MartinARunyon 20,000 75 The lines of road owned and operated by the New York Sus- 2.5,000 78-05 Samuel Tliomp- quehanna & Western Railroad Company are: 5 25,000 7705 son'g Nephews 100,000 7013 & 10 10,000 75 From West End—Jersey City. N. J., to Unionville, N. Y 71-G miles From Two Bridges, Sussex County, N. J, Stnithers&Co. 20,000 77 75 S.W.Hutchinson 1,000 50 J., to Gravel Place, 3 78-21 miles west of Stroudsburg, Pa., the F.J. Kaidenberg. 40,000 79>4 L. Cohn&Co... 50,000 point of connection Hatch.. with Iho Delaware Lackawanna & Western Kailroad 50-1 miles L. Von Hoffman Fi«k & 30,006 81 78-20 Estate of Geo. A. From Columliia Junction, N. J., to Delaware Station, N, J... 31 nnles & Co 3,250,000 Paterson Extension Branch 0'75 miles D. H. King, Jr.. 10,000 LuUy 10,000 ?lkfl't. From Pricevillo to Winton, hranch in the Palmer & Lcw- C 1,000 Lacliawanna Val- ne< ley, Pennsylvania 5.5 miles tugard 20,000 78 C.W.Hartshorn 2,000 81 Henry Cogglo... 5,000 78 3,000 80 Hill S. L. Cleveland. 7,000 79 Total number of miles owned 131 O.j railos Richaidson, Austin 50,000 82 flat From Unionville, N. Y., to Middletown, N.Y. (leased) J3-09 miles &Co 20,000 79 A. W. 8.S.QLiivey,Ca8h'r 20,000 80 liOdi Branch 2' miles Wocrishoffer &. Co 350.000 79>a Ciosson & Hays 10,000 79 id 79-19 P. Cogswell. 10,000 78'* Total number of miles operated 1*6-95 miles f 50,000 C. 79-07 Savin Vander- The gauge of the road Is 4 feet 9 Inches. .r t. n^ ) 50,000 & MarK&Co i The entile line of road, with the exception of about ten miles between 50,000 78 81 hoof 5,000 79 78-57 J. Osborne Franklin, N. J., and Unionville, N. Y.. the point of connection with the i 50,000 C. & liO.OOO 40,000 81 Middletown Unionville & Water Gap Rai road, is laid with sixty-pound Laidlaw&Co... 787,0 Co 79 Bteel rails, the ten miles being laid with flfty-.«ix-pound iron rails. Baldwlu&Weeks ^ IslooO 79 '3 The fioating debt of the company this date, April 23, 1883, Total amount of bids. $10,426,000; total awards. $1,117,000, is $70,755. awariiedat a minimum price of 7814 and lntere8t=80-Oi flat, and at a Available assets in Treasury maximum price of 82 per cent and interest=83-79 flat, being an aver- of 78-54 and lnterest=80-83 flat. First mortgage 6 per cent gold Oonds Midland R.E. Co. of age New Jerse3', par value $3C0,000 Wnshing-ton & Western.—This railroad was sold at public First mortgage 7 per cent bonds of the Lackawanna & Sus- sale in Alexandria, Va., May 9, for $400,000. The purchaser* quehanna Coal & Iron Co., now known as the Pennsylva- nia Asthraoite Coal Co., par value 150,000 were Bates & Oakman, who represent the Oakes Amea & These bonds are now on tho.free list of the Stock Exchange. McComb interest. .

Mat la. !8t8.J THE CHRONICLE. 637 COTTON. Fbibat, P. H.. May U, 1883. Thi MoTSMRitT or Till Crop, aa Indicated br oar t«l«(rram« COMMERCIAL EPITOME. from the South to-night, is given below. For the week ending Frid*t Nioht, May 11, 1883. this evening (May 11) the total rnceipta have reached B0,57S bales, against 4S.761 balee last week. 5i>.344 bales the prevlooa The weather has been more seasonable darinjr the pait week, week and 66,527 bales three weeks sinoe | making the tot*! giving an impulse to the growth of vegetation and somewhat reoeipta since the Ist of September, 1882, S,7I 1,245 balno, against improving crop prospects. The Agricaltural Bureau's report of 4,492,046 bales for the same period of 1881-83. showinx an inereaae since September 1. 1882. of 1.319,199 bales. the condition of winter grain May 1 is of a more hopeful nature as favorable ele- than was expected , and this is regarded a Stetipliat— Sat. Uon. Tutt. Wid. Thuri. #H. Total. the commercial situation. Trade has been only fairly ment in Oalvaaton 1,370 1,406 015 2,890 667 1,174 8.122 features alone relieve •ctive, however, and some speculative Indlanola, Ao...... 132 132 the market from dulness. Sew Orleans... 2,157 1,951 4.311 1,C61 1,210 8,011 11.334 93 317 Lard has been firm, and those interested in higher prices have Mobile 1,012 78 10 168 1,709 Florida .... 69 69 had the advantage. The speculation, however, has not been Savannah 883 731 430 516 589 284 8,463 legitimate movement is not satisfactory. Pork large and the Brunsw'k, Ac...... a has received attention for conbnmption and export, but the OliarleRton 648 890 618 816 1.246 208 4,081 speculative market has been devoid of interest. To-day mess Pt. Royal, Ac...... 260 260 vrUialnKton 4,1 61 135 Ill 89 31 pork sold on the spot at $20 40(3i$20 50, and clear back at 501 Moreh'dC&e ...... 57 57 $22 there were no prices for the options. Lard con- 50@f23; Norfolk 1,929 1,663 1,076 705 1,023 1.858 8.254 quoted on the spot at 11 95 tinned to advance ; prime Western WestPolut.Ac ...... 1,V28 1,028 ®12c.; refined to the Continent, 12c.; South America, 12'25c.; Sew York ...... 2)2 141 853 June contracts of Western sold at 1204@1206c., July at 1203® Boston 326 1.189 748 1,014 811 612 4,630 Baltimore ...... 1,612 1,642 1210c., Auguat, 12 08@12 10c.;elosing weak at 11 -90011 PSc. for PWladelp'a, Ao. 87 .... 393 360 633 391 1,872 May. 11-99C. for June, 12-02c. for July and August, ll-95@12c. for Totals this week 7.431 8,237 9,368 8.158 6.41!) 10.931 50,575 September, and ll'10@ll'12c. forthe year. Bacon is quiet and firm at ll%@ll>6c. for long clear. Beef is steady at $26® For coraoanson, we give the following table showing the week's total receipts, the total since Sept.l, 1882, and the stocks to-night, $27 50 for city extra India mess. Beef hams very Arm at and the same items for the corresponding periods of last years. 122 50@$23 for Western. Tallow was firm and sold at 8%@3)6c. 1881-82. Stearine quiet at 1254c. for prime and 10@10i4c. for oleomarga- 1882-83. Stock. Reeeipti to Thit Since Sep. Thii Since Sep. rine. Butter is quiet and barely steady. Cheese inclined to ilayU. 1883 1882. Week. 1, 1882. Week. 1,1881. easiness ; good to prime State factory, 12@12}^c.; fine full cream do., 13@13^c. Italveston 8,122 798.807 2,903 415,917 50,195 15,445 Indlanola.Ao. 132 16.533 4 13,631 Rio coffee has been rather more active on the basis of 9^c. Sew Orleans... 14,334 1,599,783 2,085 1,1.53.121 158.688 116,842 for options have been quiet at some decline; to- fair cargoes; Uoblle 1,708 306.712 1,451 256,076 18,601 10,278 day there were sales of No. 7 at 7'75c. for May, 7'85c. for June, Florida 69 18,303 50 27,115 8c. for July, 8-10@815c. for August, 8'20c. for September, 8'30 Savannah 3,463 794.738 2,295 710,065 20,080 15,738 Brunsw'k, 6.966 @8*35c. for October, 8'55c. for November and 8'50c. for De- Ac 6.503 Oharleston 4,081 562,099 1,331 483.4U 17,079 11,116 cember; mild grades have been dull, and Padang on the spot Pt. Koyal, Ao, 260 21,11 125 24.196 has sold down to 17 ^c. Tea has shown no material change at Wilmington.... 501 126,073 285 133,725 4,212 2,727 auction. Spices have been dull. Foreign fruits have sold M'headC&c 57 18,816 44 26,327 moderately at somewhat lower prices. Rice closes more active orfolk 8,254 766.516 1,916 587,243 39,281 9,129 We«tPolnt,Ac 1.028 219,029 1,079 187,921 and quite steady. Molasses has been in fair demand, and re- (few York 353 135,165 1.06: 155,954 226.546 237.850 fining 32@32}^c. for 50 deg. test. sugar has advanced to Haw Boston 4,699 171.312 5,936 211.607 5,985 8,670 has risen to T%c. for fair refining Muscovado and 7/i@7 13-16c. Baltimore 1,642 53.624 691 1U,08S 16,865 24.058 for 96 deg. test centrifugal, with a pretty good business on this PMladelp'a,Ao, 1,872 93,510 3,065 79,683 6,7i)l 15,402 basis. Refined has advanced to 9%e. for cut-loaf, 9@9J^c. for Total 50..'J7S 5.711.245 2.'S,S31!l,4n2.046 561.219 517.219 granulated and for standard powdered. 8Jic. for 8%@8J6c. In order that comparUon may be made witti other years, we "A;" crushed remains at 9)^0. give below the totals at leading ports tor six seasons. Kentucky toba ceo has continued very quiet and nothing new Reoeiptt at— 1883. 1882. 1881. 1880. 1879. 1878. has been presented; lugs are still quoted at 5@6^c. and leaf Qalvest'n.Ao. 8,251 2,907 4,897 1,737 3,25 1,811 at6@llj2c. There have been sales of 74 hhds for consump- New Orleans. 11,331 2,935 12,C08 9.496 3,500 4.933 steady tion and 69 hhds for export. Seed-leaf in fair sale at Mobile 1.703 1,151 3,035 1,971 1,187 1,555 prices. Sales for the week embrace 1,200 cases, including Savannah 3,163 2,295 4,96.5 1,136 2,634 2,093 400 cases, 1881 crop, Pennsylvania, 8^@14c.; 100 cases, 1881 OharI'8t'n,Ac 4,311 1,159 2,497 1,788 1,423 1,126 WUm'gt'n, Ac 558 329 362 197 225 622 crop, Wisconsin Havana seed, private terms ; 175 cases, Norfolk, Ao.. 9,232 2,995 6,619 4,171 3 050 3,126 1881 crop, Ohio, 4@6?^c.; 100 cases, 1880 crop, Ohio Little A.I1 others 8,635 11,457 14,167 4,137 4,621 6,102 Dutch, 15® 18c.; 300 cases, 1882crop, Ohio Little Dutch, private Tot. this w'k. 50,575 25.881 49,150 21,636 19,897 20,097 terms; and 100 cases, 1881 crop, New England, 14@30e.; also 5116,033 1689,161 1355,935 4159.152 400 bales Havana, 80c.@$l 18, and 300 bales Sumatra, $1 05® Since Sent. 1. 5711,215 4192.016 $140. Galveston Includes Indlanola Charleston includes Port Royal, Ac. IfUmlnKton Includes Morehead City, Ac. Norfolk Includes City Point. Ac. Naval stores have continued to show irregularity; rosins The exports for the week ending this evening reach a total have declined, owing to the absence of export interest, and of 77,474 bales, of which 44,981 were to Great Britain, 6,319 to atrained and good strained are quoted at $1 75@$1 80, with France and 26,174 to the rest of the Continent, while the stocks are the sales of the latter at $1 77>6 landed. Spirits turpentine was as made up this evening are now 564,219 bales. Below exports for the week and since September 1. 1832. steady and sold to-day at 42)ic. in yard. Refined petroleum Wetk BndinQ May 11. rron% StVt. 1. 18S«. ta Hay 11. 188S. was lower at 7)6c. for 110 test and 7%c. for test, this in 70 and Exported to— Exported to— the face of the disastrous fire at Cavan Point, whereby the xportt t3reat Conti- Total Oreat Oontt. Standard Oil Company lost about 250,000 bbls. Crude certifi- from— JVuiu* TMoi. Brit'n. France nent. Week. Britain. 1MIU. cates have been irregular and closed lower; sales to-day at 93/4 <(i92i^c., closing S'i%iU92%. Ingot copper was steady, and Oalvaiton I.OIS S003a7 88.0M i».i:s 491.113 480.701 1. 403.490 300.000 lbs. Lake sold at 15J^@16c.; other brands 14M@1-'>'2C- New Orleans.. 17,874 6,S4» 8.0» 81,718 736307 S«,330 9330 1.100 48,780 All oils are firm. Wool is dull, weak and very irregular. Hops Uobll* norlda too 100 are easier; the best grades of State 1832 can be had at 80c. 196 108 101.001 8S.tU8 880308 408.188 cash; yearlings 70@75c. flavaoQah OharlsatoB *.. B.«M B,e9« 181.080 m.7;b 810,081 880.4S8 freights active, all Ocean have been more and at the close WllmlnstOD.. 31.330 1300 30.188 rates are stronger. The offerings of tonnage are smaller. Norfolk^ S,«7 B.1S7 800.970 «.\<8I 380.801 143.113 308.883 Grain to Liverpool by steam quoted 3.)6d. ; bacon taken at 17i. N«ir York .... 10,813 470 ».e» 18.941 l«a,018 87,180 6d.; cheese, 25s.; beef, 38. 6d.; pork, 23 6d.; flour, 12s. 6d.@ Boston 6.8SS B.88S ll'l.SSO 413 117.188 801.100 159.; cotton, 9-64d.; grain to London by steam quoted 3^d. bid Baltimore B,S46 1,690 0,983 143.tW 4.718 38,037 7j.8ia 8.B()0 too 3,M0 75480 8.080 and 5d. asked; grain to Glasgow by steam, 3d ; to Antwerp by PhlUdalp'aUko steam, 3Md @4d.@4Md.; by steamer to Stockholm, 4s. '6d.; Total 11.9S1 B.3t9 «8.'l71 ItTwi aisib.aoo 407.06: 1,807.004,1311311 from Pbiladelphia to Cork for orders by steamer, 4s.; residuum 40a Total 1881-83 'si.ivn 5.407 14.3961 57.898 t.loa.^c. t Inolades ezporu from West Point, *o 538 THE CHRONICLE. [Vol. XXXVI.

In addition to abo\e exports, our te;egram3 to-night also srive The Sales and Pbicks of Fdturbs are shown by the follow- US the following amounts of cotton on shipboard, not cleared, at \ng ccmprehensive table. In this statement will be found th>< the ports named. We add similar figures for New York, which daily market, the prices of sales for each month each day, Md are prepared for our special use by Messrs. Carey, Yale & the clnsinfi- bids, in addition to the daily and total sales. Lambert, 60 Beaver Street.

» go On Shlpboardj not cleared—for 3-C-; .iES2?i » CJ * 0« a a ct = » m B" » » o. Leaving - - Mat 11, AT- c ao O a- .so Great Olher Ooast- Stock. I5„ Fratice. Total. - s^ Britain, Foreign viise. 20- : E-sS : ztp. at iO.501 2,781 5.510 660 1 9.452 139.23G -? ST •-^ 34,445 3,865 to en Total 1883 16,522 12,837 67,609 496,550 s; H' 05 • rctD © do r'no- !=*7S? Total 1882... 23,508 9,985 4,937 2,060 40,540 476.709 o Total 1881 ... 46,780 12.087 40.023 4.892 103,782 45P.934 00 5 00 5 00 !J 09 5 C-.6 2 out 2 cs-: &«: 1 I eo: first half of tho week under review, but I very active during the eg "-00'-' MM'eM latter half fell off considerably. Prices fluctuated o OMOO 17*709 ooc'o OMqm during the o t9£9 be- cDccOeo to oOco CmCo octoOob tcooc widely and some irregularity was developed, not only as •- tf^ 10 L-M tC CCCJ" 00 CW en aoD o tween this and the next crop, but between the different months KM > opening dull, specula- 99 < 99 •? 79 5 of this crop. On Saturday the was but (oco 2 cocr o coo 2 rr CO «> 00 2 (Ol**,-.'^ icM MMooM " MCoO OCoO MMoC 99c9 MMO""^ sellers the short interest" was materially increased; but I and ceo 0(D tc (bO:6 mOo c6c6 Ot'COOcD ctoOA on Tuesday some excitement was caused by the intimation cto •> tCCD CI © 10 a CO CO CCCO 03 WM [>. MM ti, that contracts for May and June might be " cornered," and 99 •? 99 ^ 99 ? there was a sharp advance for these months, with an coco 2 CCCO n crco o 000 a ceoD 2 00 2 ^tOM^ Oodm'^ *'*-m'^ ccoki^ Ci #. or ^ irregular closing, May and July and June and August Sit: ^cs: MMc-M l-Mo-.M1 I being nearly together. The fact that June sold for more than OOoO OMgo tOM 9909 '7*709 1 l?^9I July checked the speculation for the rise and on Wednesday »o X o -.0 coco O CD cc6c6 coOco cOco QCOO C33 MCI M cw cr 10 01 ^'I O t M CO prices declined slightly. On Thursday June fell 7 points and tB- t-f >. MM closed only 3 points dearer than May and July, higher ?9 ^ 00 MO .< MO 'Z -.9CO ^ mJ: S? ceo 2 ccci oto (CO Cb 66_.2 money in London, the fall in the price of silver, full too: 10'' OtOu CCOiU C Ci -3 *^ ccoo/" Jm: I ec^-: I ©w: SI". receipts at the ports, and good weather at the South, being MMtjMI the most active of the depressing influences at work. To-day h^h^a M ^7oM OOCo COOOco 6600 CmOo cocco M^i^M Liverpool was unexpectedly better, so that yesterday's decline Mrfi M »10 -1 ^O tU CM ~1 was more than recovered; but the market was much less .-M > MM t> active, and closed dull though steady. 99 5 09 < 99 ? 99 5 Cotton on the spot has cjtrf* 2 CxWI Cf ci'ui 2 cjicji 2 OM 2 "^ ^ "^ been dull and unsettled. There was an advance of on O-J " wto CCCO Cj'03 octf>. ^ J^c. a>o: &*'. eoo; ejco: I I I I «* I y. Saturday, a decline of on Monday, an advance of on ^ — MMO"-* MM'oiM J^j'c. J^c. K,'-' OCcO ccc9 OOqC Tuesday and a decline of l-16c. on Thursday. To-day the O 0009 90c 9 99o9 O o, o* O cjl Di tn O 6< cjt CR o :;, MH- [^ The total sales for forward delivery for the week are 834,500 09 99 < oc 5 99 !? to to to to r. to to 2 toco 2 bales. For immediate delivery the total sales foot up this week coco '^ c-.*^ " to to ^ ao "^ 8i<»: ®

each day of the past week. ^M >. M— t» M M tl, 99 < CO 00 < 99 < OC 15 99.- < frO CO ,1m M.- « Til '^ 2 » UPLANDS. NEW ORLEANS. TEXAS. wo MO "< Mio May 5 to CO ^l^ ®.^; : ©.=: I I s I I S.*': 1 MMCOM MM(-..M mmCm Hay 1. Sat. nou Tne« SaC. raoniTae* Sat. iHon. Tnen 0000 OOcO COcO CCCO CCCO COoC Ordln'/.?* mmO,.: mmOo MmOm mmO,1 mmOm MtoOtO 81l6 Shb 85,8 85i6 83ie Sii« i» 03 to Oto CO aoi CO to4 M 2 MtO OS M eoco " CJiOi "^ toto "^ COW '^ Low Midd'g IOI3 1012 10!^ 1058 103i 10% lOSs 10% I 8I,M- ; I &.^: I « I Oto; I e)u: I a> : Btr.L'w .Mid loisie 101»ifl lUie lO^ie ll'io 11m6 1015,, niiB c MM^M MMJ-.M M w. joM Middling... 11 11 1114 Ills Ilk 1114 Ills 1114 sags OOcO ccgo OOoO COoO Good Mid.. 1138 1138 ll^s III9 11=8 11=8 Ilia 11»8 s MMCr^ -mOm mmO- mmOm totaOio 10 to O IOCS en i-OD Oi Btr.G'dMid 1158 11% U'a 11% ll'^a 11% ll'e Midd'g Fair 1219 12% 12% 1214 123e 1238 1214 1238 Fair 12'9 Kllg 1318 99 ? 99 Z 127s 13 1318 13 1318 to— 2 — M CC to 10 2 MtO » row » eoco " COOO ^ CO to ^ Frl. Wed Tb. : Wed Frl. I : Tb I s I ar"' MMi^M» at 00 I rt *-l . • Ordln'y.^B) 8 8I4 8M 85,8 8I4 cccO cog 9 ooc9 OOoO OOoO 8-^18 tctoOtO tl M C M totoCto to to Oto BtrictOrd.. 811,6 811,6 8% 811,6 811,6 ceo CO to CI MCI M Good Ord.. 914 91a 91a 9»1« 9ia 9 la Btr.G'dOrd 915,6 103,6 103,8 IOI4 103,6 103,6 ? Low Midd'e 107,8 1011,6 1011,6 10% IOU16 1011,6 1 I Btr.L'w Mid o 10% 11 11 ll'is 11 i IS:: I d: Mlddlinx... 10!5io. _ 11.1,6 113,6 III4 113,8 |ll3,4 Good Mid.. 115,6 ill's 119,6 11«16 11»8 o9 I I Btr.G'dMid 116,0 Ill's llli,, llia,6 ll'S U13,6'l 113,6 o i I Ml Fair Midd'g 121,, 1238 125l6 126,6 1238 125,6 tl25,e Fair 12i3,„!i3ie 131,6 1311K 131a 131,6 131,8 -1 ^ I I I I I i I I STAINED. Sat. Klon Taei Wed Tb. Frt. I

Good Ordinary y lb V'a 733 713 71a 77,6 77,6 Btrtct Good Ordinary.... 8I4 8I4 09 85,6 85,6 86,6 I §^« I I: I I I Oci I I: Low Middling 9 9 9 815,6l 815,8 Middling o 1018 10 1018 lOis 101,6 10', 6 1 % MARKET AND SALEa. I I I 1 I I total e; The sales and future deliveries eaoh day durin? the I week are indicated in the following statement. For the con- I I; I I I 1: I I: Tenience of the reader we also add a column which show.s at a I - iofiudes 83)08 111 septoiuuer, 1S32, rof SepteiiiKpr. 5O0.20ii ; Soptem- glance how the market closed oa same days. l>er-Oetober for October, 845.600 ; September-November for November. 731.000; Soptemlier-Deeember for December, 1,097,400; September- SALES OP SPOT AND TRANSIT. rUTUKBS. .T.mnary for Jauuiiry, ^,070,200; Septcmber-Feliruary for February. SPOT MAKKET 1,300,200; Scptfcmber-March for March, 1,969,400; September- .\prll Coil- 8pec- IVou- Deliv for April, 1,713,300. CLOSED. Total. Sala. port. »«)»tp. ul't'n eriet. fransferable Orders—aaturday. ll-OOo.; Monday, lOSSe.; Tuesday, 1103c.: Wednesday. 10-95c; Tbursday, 10 95o.; Fiid.ay, 1100c. Sat.. Nom'l at Uadv.. 50 50 288.000 COO Short Notices for May—Saturday, lOfllo. Hon. Nom'l isdco.. at 188 IhS 161.600 300 We have Included in the ai)ove t.'jblo. and shsill continue each Tnee. Quiet ty" at 13 adv 269 300 56!) 149,500 600 week to give, the avcrajie price of futures each day for eacli month. It Wed. Quiet 303 155 458 91,800 400 found under each day following the abbveviittion •' Aver." Th* ThOTS Easy mil be at 1,6 dec 123 353 25 503 80,600 300 average for each month for the weelc is also siven at bottom of table. Frl.. Firm 900 H9.S 1,728 63,000 300 1 The following exehanifes have been made, during the week. to .Time for Aii

12, 18(& IUj I THE CHRONICLK 689

UoTTo^^ to-nltrht, aa midu up by cable the ar.me towns Thb ViaiBLB Supply o» have been 13,8tf0 btim mor* than tb«i 1 Md telwjfwph, Is as follows. The CDOtlaAntal Htooks, as well as last year, and since September 1 the reoeiptii at all the towns thcw.f for (tri'jvt Hriiain and the afloat, are this week's rutnrns, are 707.620 bales more than for the same time In 1881-2. all the European fl^fures are brought down and flon.MiMiueatly QuoWTiosd fob Middu.1(j Corro.f at OritEa Makkrt>4 —la . to the totals the complete to Thursday evi'iiiinf Hut make the table below w<« give the clo.tlng qiiotatloal " of mlddlloa for to-ni>,'ht (Mar 11), we add the item of export.s from fures cotton at Southern and other principal ojttoa marketN fur ea-jb e United States, inuludmg in it the exports of Friday only. day of the past week. 18H3. 1S82. 1881. 1880. 014.000 980,000 071.000 OIKi.OOO look »t Liverpool bale*. Wttk ending CI.OSI.tO QDOTATIOXS rOR MIOOUSa COIT0» OH— Itook at IX)nd0D 85,300 60,000 41.000 40.700 Hay 11. Satar. Uan. Tua. 1 Wednu. rAitr*. PH. Tnlnl Great HrltaliKtook 0C0.300 1 ,016.000 1,018,000 730,700 3,800 2.200 7,000 :).o.)o Btocic at HaiiiDurK Cinlveston I0>4 1014 1014 •.0V4 10>4 44.800 27,000 41^.000 U'OHO lOU Block at hrriiifn New Orleans. lOi* 10>4 lOU 10>4 103|« 33,000 13,900 43,500 iti.iioo Block at Aiimterdaui.... Mobile 10>4 10>4 I014 lO"* loj Btookat Rotterdam 2,100 281 5,730 2,300 Bavannab 103,. I0J,4 3,300 1.900 780 800 Btook at Antwerp Charlestoo... Iu4t 10:il \a\ Block at Havre 13J.00O 120.000 209.000 07,300 WilinlDKton.. IOI4 10 '4 I014 1014 10«« Btook at .Maraellles...... 7.300 2,650 3.800 4,130 Norfolk lOHl lOJsatB IOJ.,4 10^9 )« loVi-.^ Stock at liarcetona 81.000 32,100 31,600 30.500 Boston 11 Stock lit (innoa 9,900 6.000 4.000 10.100 lOTg 10T« Baltimore . .. lO^a 0,700 3,603 6,900 4,070 lO^a lO^a Stock at Xrivste riilladelpbla. 11 11 ll«lll6 1H« ll>a 10i« Augusta 10I9 10% 10>8 10 10* A* Total oentlnental stocks... 336,200 216,534 360,310 103,460 Memphis .... 10>4 10>4 lOH 10>4 10>4 lOAt St. I»Ul8 10>S 1014 lOH 10>4 I0>4 ..1.305.500 1,262,534 1,379.210 lOH Total European stooks.. Cincinnati ... 10>4 I0>4 10'4 IOI4 10<4 10^ ladia cotton attoat for Europe. 315.000 409.000 281.000 Louisville 10 10 lOU IOI4 1014 10^ Amer'n cotton afloat forEurpe 574,000 351,000 460.000 Egypt.Biaill.Ac.HlUforEVpe 37.000 53.000 42.000 Kbobifts fbom thb PLAiiTATioas.—The following table ia .. 564,210 517.219 562.716 Stock In Unlt«d States jwrts prepared for the purpose of indicating the actual movement each Stock In U. 9. interior towns.. 131,214 110.913 173.316 United States exports to-daj.. 12.500 3,300 7,000 week from the plantations. Receipt."! at the outpjrts are some- times mi.sleadiug, as they are n:.ade up more largely one year 2,913,242 2.373,793 Total visible supply 2.930.433 2,707,028 than another at the eipen.'te of the interior stocks. We reach Ot tlie anove.the totals of Amenoau and other deaortpuons are as lollowt: imeruan— therefore, a safer conclusion through a comparative statement Uverimol stock 077,000 022.000 746,000 4^0.000 like the following. In reply to frequent inquiries we will add 4K)ntinental stocks 216.000 100,000 266.000 I4H.000 that these figures, of course, do not include overland receipts or 351.000 460.000 415.000 Aoierlcan afloat for Europe.... .574.000 Southern con.sumption; are united States stock 564,219 517.249 562.716 401.176 they simply a statement of the Uiilteorts. Total American 2.174.933 1,704,492 2,223,032 1,716.633 BECEIPTR FBOX PLANTATIOHS. Jtatt Indian.BroMU, *e.— liverpool stock 237.000 361.000 228.000 210.000 Wttk Reeeipt) at tk« Porft. St'k atInterior Tavmt, Rte'fitt from Ftanttu Iiondon stock 55.300 00.000 44.900 40,700 tttMMt— 1881. 18S2. :,-iS3. 18SL 1882. 1883. 1881. 1882. 1«3. Continental stocks 120.200 116..534 94.310 45.400 1 I lulia afloat for Europe 315,000 409.000 2?" 1.000 3-27.(X)0 Feb. 83 .. 133,350 60.160 317.5S8 383. 430 331,424 ri8,3S7 50. 1:9078 Egypt, Braiil, &o., afloat 37,000 53.000 42,000 31,000 134.44.S 136 Hcb. 2.. 133.931 51.980 133.321|!3'22.45jl343,.072'308.417' 138.80! 32.62^ 122.314 " '319 Total East India, &0 704.500 1.002.534 690,210 657,160 9. . 110.186 58.717 124.686 252 815. 973|30t.82l 138.900 3I.818| UIMO Total American 2,174,933 1,704,192 2,223.032 1,716,633 » 16... 108,200 57.451 U1.1S1 320 .500 281.,393 297.173: 100,488 25,874 103.738 1 " 83... 93.690 61.918 .'(W,0«2 309.513258,,6I8|2;9.P48 82.703 31,141 6T.(3S Total visible supply .2,939.4,13 2,707,026 2,913,242 2,373.793 " SO... TS.Ml 6«.03.> 86.099 !94.808JS33.,182 281.1.71 83.809 as,699 74043 Pfioe Mid. Upl., Liverpool .. . 513i8d. 6»9d. 5%;1. Ollig.l. Apr. 0... 85,600 44.467 78.70S 277,83(l'215,9141257.162 68,438 27,(99 89.880 imports into Continental ports this week have been " fSTThe 13. . 66,ST1; 33.229 72.1»35 ,717;23li.4Bl 60333 19.032 l»,M4 «7,00o 261.6S9J20], balHS. " HO .. 60.718 29.800 66 527 241.U

to-night of 232,407 bales as compared with the same date of 1882, IU7 4. . 46,536 34.423 48.761 3l5.293|ll3 32;; 184.38 S4.S6t 19.914 S3.au " an increase of 2ij,191 bale.s as compared with the corres- 11... 40.150 »5,SS1 50,5:5' 10!.e62'l37,,6.3o':47,91i «8.06il 10,181 84,18* ponding date of 1881 and an increase of 565,640 bales as com- The above statement shows 1. That the total receipts from the piled with 1880. — plantations since September 1, 1882, were 5,842,702 bales; in is At thb Intbbior Towns the movement—that the receipts 1881-82 were 4,.o74,2.51 bales; in 1880-81 were 5,601,8.57 bales. far the week and since Sept. 1, the shipments for the week, and 2. That, although the receipts at the out-ports the past week the stocks to-night, and the same items for the corresponding were 50,57.5 bales, the actual movement from plantations was period of 1881-83—is set out in detail in the followinp: statement: only 34,134 bales, the balance being taken from the stocks at the interior town.f. La-st year the receipts from the planta- tions for the same week were 10,131 bales and for 1381 they were 28,559 bales. Amoust OF CoTTos IS SioHT May 11 —In the table below we give the receipts from p!?ptation.s in another form, and add to them the net overland movement to May 1, and also the takings by Southern spinners to the same date, so as to give substantially the amount of cotton now in sight. u Ci g y,M :^ ^ 5^ ^ 1881-82. 1879-80. "kVjCOtO**- •-• CoV---»«-'QDW*'t--'i- to « to 00 03 iJi Ci CO 1:: CI 0* to ^) to 0< to H* ccxooatocoaoocjtoto^ooDX'jixo-^ ^ ^ Receipts at the ports to M-iy 11 3,711,213 1,492.048 3,446,033 4,639,164 u 3 Interior stocks on .May 11 in excess of September 1 131,457 82,205 135,824 174,785 *- to O«0D M to (U 6J 1- tt to *. *. WtO W CJi <1 1 OK)^0 0! wbMwbwtoxotbcccoxtauu'iowb Tot. receipts from plantat'ns 5,842.702 4.374.251 5,601,857 1,863,929 (£>::» CO OD CO CO 00 co t0 01C001CJ«— OZJ'XCOO'^OMtO Not overland to May 1 .599.902 422.630 472,241 340,403 ^o«oeowocc 10 ostoxttwoictjMOiojxcotatttociCi-vi 10 Southern cousumpt'u to May 1 27o,00<. 210,000 175,000 150,000 5,206.881 6,249,099 5,534,331 yitO M M CD M Total In sight May 11 0,717,564 toaootwi-'Wi^.w^cwt-'cob 13 b wb w»rf»- It will be seen the above that the increase In amount In slRht 51 Q0X>yit«CO0D w X -p CO to M M|(* MWCO^WtOCftX Weather Reports by Telegraph.—The weather has beea b to x'y- be ci'ift- 1-* "to 'tob *ibib o'x) to'— oj b ytbtob Qcci"^ -CCQi-OitUO^OeOf-if^OOHO'^XO-l very favorable for crop purposes during the week, and plant- to c;i 10 X ui a 10 *^ CO ^ -^ 0} -J U S 00 C to to ^ 1^ Vt to (0 ing is making good progress toward completion. In Texas, I-* beneficial showers. ODtO to where rain was desired, they have had very *. Oi >« ^ M 'to V-CCiM-<^ to lOtOMl-Ci i-M delightful showers t-* - 1 1-* Qalveston, Texas.—We have had on CO X' U X D* to U 10 W »3 *- CO X X Ct W in rf». » .-' M *». :2 rf^ar.wtJo«i * —> 1. 3 00 pp M50 M^ '< *• of North u. OOp VI i-'i-'CO M partial failure of the small grain crops in portions vp. coi-'>^<-> "to w'iOC.'-*.wto h' ^ X X XX M a •vJ-k) *- o^ coco a: to X to !> X hundredths. X rainfall reached one inch and seventy-nine to P- to M to Vfe have had good showers on twa lb. i-<«>.Ut9 i»-CO ^tO M W COtOtOCOMCHO Indianola, Texas.— a b*-w**-^bco b o-rf-i^^eo^'-CTtb^^cobt^bboDb^ days of the week, which were very beneficial. The rainfall 00 — to CO to CO to to CJ ^ !)• c ^ — X ^ X to CI *. CC *. CO — I-* to ^ CO to to K) 10 «> z- o> :» -' CO o> a> i reached one inch and fifty-six hundredths. Crops are thriving:. * This year's Hcures estiiuated. The thermometer has ranged from 67 to 85, averaging 75. The above totals show that the old interior stocks have de- It has been showery on two days ot the^ creased during the week 14,962 bales, and are to-night 20,271 Dallas, Texas.— of an inclw bales more than at the same period last year. The receipts at week, the rainfall reaching thirty-five hundredths . .

540 THE CHRONICLE. [TOL. XXXVI.

Planting is about completed in this neighborhood. The ther- Jfas/ 10, '83 Man 11, '82 mometer has averaged 73, ranging from 57 to 88. This section has been visited Feet. Inch. Peel. Inch. Brenham, Texas. — by delight- ffow Orleans Below high-water mark week, X 2 3 ful showers on two days of the and the indications are Memphis Above low-water inarii 29 28 8 that they extended over a wide surface. The rainfall reached 5fa8UviUe Above low-water mark 6 10 7 Shreveport one inch and forty hundredths. Farmers are busy, and crops Above low-watermark 18 14 3 Vlokeburg. Above low-water mark. 41 41 are about as promising as they possibly could be. Competition for labor is running up the rate of wages. The thermometer New Orleans reported below high-water mark of 1871 until has averaged 76, the highest being 95 and the lowest 56. Sept. 9, 1874, when the zero of gauge was changed to high-water Palestine, Texas. —We have had fine showers on three mark of April 15 and 16, 1874, which is 6-lOths of a foot above days of the past week, the rainfall reaching one inch and 1871, or 16 feet above low-water mark at that point. thirty-five hundredths. Prospects are first-class. The ther- ISDiA Cotton Movkkent fbom all mometer has ranged from 58 to 91, averaging 75. Ports.—We have during the past year been endeavoring Huntsmlle, Texas. —We have had delightful showers on two to rearrange our India service 80 as to make our reports more detailed days of the week, the rainfall reaching ninety-six hundredths of aad at thw same time more accurate. Hitherto we have found it impossible an inch. Young crops are excellent. Avei-age thermometer 71, to keep OTit of our figures, as cabled to highest 86 and lowest 56. us for the ports other than. Bombay, cargoes which proved only Weatherford, Texas. —We have had delightful showers on to be shipments from one India port to another. The plan we three days of the week, the rainfall reaching one inch and have now adopted, as we have reason to believe, will relieve us from the eighty-five hundredths. Planting is making good progress. danger of thia inaccuracy and keep the totals correct. Planters aie giving increased land to cotton this year, and are We first give the Bombay statement for the week and greatly encouraged by the timely rain. The thermometer has year, bringing the figoreft down to May 10. averaged 68, ranging from 67 to 85. Belton, Texas.—We have had delightful showers on two BOMBAY RECEIPTS i.ND SHIPMENTS FOR FODR TEARS. days of the week, and the indications are that they extended over a wide surface. The rainfall reached one inch and Shipments this week. Sfiipmen't since Jan. 1. Receipts. thirty-two hurrdredths. Young crops are fine. The ther- fear Oreat Conti- Oreat Oonti- This Since Brit'n. Total. Total. mometer has averaged 73, the highest being 87 and the nent Britain nent. Week. Jan. I. lowest 58. 1883 26.(00 17,000 3.000 80,000 531,000 811,000 78,000 Luling, Texas—We have had rain locally on one day of 1882 13.000 .;3,000 36,000 531.000 333.000 864.000 72.000 the week, yet not enough to do much good; but it has rained 1881 16,000 22,000 35,000 175.000 325,000 500.000 49,000 1880 9,000 all around us. The rainfall reached but six hundredths of an 18,000)27,000 234,000 280,000 514,000 jO.OOu inch. Crops are good, but those sections which failed to get According to the foregoing, Bombay appear.-) to rain are needing it much. Average thermometer 76, highest show att increase compared with last year in 95, lowest 57. the week's receipts of 6,000 bales, and an increase in shipmenta New Orleans, Louisiana.—It has rained on four days of of 37,000 bales, and the shipmentfl since January 1 show a decrease of the week, the rainfall reaching seventy- one hundredths of an 53,000 baleo.. The movement at Calcutta, Madras other India inch. The thermometer has averaged 75. and ports for the last reported week since Shreveport, Louisiana. —The weather has been warmer and and the Ist of January, for two years, bas been as follows. " Other ports" cover generally fair during the week, with tliree light rains, the Ceylon, Tuticorin, Kurrachee and Cooonada. rainfall reaching twenty-five hundredths of an inch. The thermometer has ranged from 57 to 90. Shipments for the week. Shipments since January 1 Vickshurg, Mississippi. —It has rained on four days of the week. The days have been warm but the nights have been Great Oonti- Oreat Oonti- Total. Total. cold. The weather is uncertain. Britain, nent. Britain. fient. Columbus, Mississippi. —It has been showery on one day Calcutta— of the week, the rainfall reaching sixty-three hundredths of 1883 57.700 9,000 66.70(> an inch. We had rain on one day last week, and the rainfall 1882 2,500 2,500 89,100 30,300 110,400 reached forty hundredths Madras— of an inch. During the month of 1883 April 4,500 1,000 5.500 the rainfall reached six inches and sixty-seven hun- 1882 2,706 2,766 11,300 2,000 13,300 dredths. AU others— 1883 4,000 2.000 6.00O Little Rock, Arkansas.—It has been cloudy on two davs of ' 1882 600 h'66 22,400 4,900 27,30

Mat 12, 1888.] THE CHRONICLE. 541

1882. 1883. Indeed other croi>s, am In exeellitnt trim Rains bnve, u a (KMnri OoU'ii Ooll'n thtuff. been snlllelenl, yet not eicpnslvo. The neuaou Is, In fset, »I0»«i 82« Cop- SVt (»f. S2« <7op. BH Ibt. Mid. tlonatly good, and emiou, thouvh two or thren wnoks late in numo •••• tlons, ts In tino ' Ttoitl. Bhirlingt. Upllt ItcM. SkirUngi. UpUU growing rondltluo, and the prospeot In i • ~ ooru. pioml-lng. This is the Kcneral tenor of the erop < re- ferred to, ami which liaro <1 been ohlefly based upon frc: I'lon (1. 4. n. d. 1. d d d. d. d. i>. direct from the farmers themMlvr*. Thn Inoreaae of aorca^e • SIO • 7 S 6»,« 07ii|*10 8 97 IQii *"? lu cottoa lfeli.9 8^ 7i«»H U reported gcnernllv nt 10 per cent, with a few •xoaptluiia, aod makhic <• 10 8>g • 5 9 •7 3 .M>B gagSlOSir every nllowjinco fur nosslbfa ern>ni. It may l>« put dowD at 8 par eeot, " 8»» 9>« »7 3 501 9»i8»10l4 7's«8 U 6II,« a 23 » fact which of Itself shows the adraDoemeol of Taxas asrloulture. " 838 a 9»i:3 • 7 mi OTigSlUia 6 AS a»» 80 5»n Hence, If tho crop Is snc^essfnl very ordloanr 9>4S • 7 i>« 5»,« 97,8»10>« 6 98 eo. an n In a a«grse, the Apr. 6 8'„» Increase of tho already vast annnally realized by the '• • 7 i>t 50. 9^ AlO 41<»7 I0>s mun 13 8'i.« farmers of Texas upon the sale of their eott«o ean not hut be a decided •• 20 8^ • OH • 7 3 6«i 9«8»10 4>s»7 9 & one. All seetiims of the State acem to have shared alike In tho fine " 27 8>9 • »7 8 S*! gtgvio 4>ii»7 9 e"8 season, anil alike to be blessed with the same excellent condltbm of ihe 8*i«« 9>s 5 10 • 7 b\ 9^»10 4's»7 growlngcrops. In •~11 5 10 •7 4>9 6"l« 4>s»7 9 t'ontral Texss, rnprosented by Ausilo, Helton, Bra- 8V» 9V»10 mond, llillsboro and other points, the, crops are, with hardly an exeep- AoRiciTLTDRAL BuRBAU Mat RbpoRt.—Under date of May 10 tlon, (lesorllieil ns • flse" and "Hplendld." At one nr two point* rata b needed. In .Northern Texas there have been Ann rains; and "t>«oniing" at Washington issues the following, thrt Aarricultaral Bareau Is the word applied by one of the corresimnilonts to the crops. In Kast respecting cotton: Texos tho plant Is renorted three weeks iate at sonin points. In the '• Riturns of th« progress of cotton planting show that the West rain was needed at some points, while Uao Antonio repurts cotton acreage decreased. To sum up, and basing oonclaslons on solid faotf, is later than usual in every State, and indicate that on ^ork there has seulr>m licen a finer crop prospect In Texas than at this mo- the Ist of May 74 per cent of the proposed area was planted, ment, anil if nothing hapiiens ti> mar tlin pros|>eer, tho addition Texaa when the usual proportion is said to be 84 per cent. In Vir- will make to her wealth next fall and winter will be enormous. The season is now pretty well advanced, with the chances In favor of Uie North Carolina it was very late. The percentages ginia and present splended prospeot being fully realized. planted were : Virj^inia, 15 ; North Carolina, 3.5; S )uth Caro- Mississippi, E.V3T India Cotton. -Messrs. Wallace & Co., nnder date of lina, 75 ; Georgia, 73 ; Florida, 96 ; Alabama, 83 ; Tennessee, 67." Bombay, March 30, speak as follows with regard to reoeipta Sa ; Louigiaoa, 81 ; Texas, 75 ; Arkansas, 72 j The comparison with last year and also with an average and exports: year, as given in last year's May report of the Agricultural " As regards jirobable receipts and exports for the half-year eading 30th Jntie, altliouirli receipts s*) far are in excess of those at same time Bureau, is as follows : last year, it is not likely that they will keep up with last year's flgnrea

for the reinulmier of the season ; but, on the contrary, a gradual falling Proi)or(lon of Crop Frop. PtanUd off from last year's tlgures may be e.xpected. Broach ano Oomiawuttee Flanled Uay 1. Maul. have been early crops this 5*eur, and supplies of both are reported to bo Slates. fxliing off country. Broach, It iseviuent.will larger than last Aterage Tear. up bo year, 18S3. 1882. but Oomrawuttee alrcaiiy shows n detlcit on last year's figures, which will increase as the sea.son advances. Dhollerah, more than any other VltKillift 15 40 35 kind of Sural, is liable to be held back when prices arc low, but. In addi- North Cirollna 35 75 67 tion to this, the out-turn this year Is said to bo disappointing ; thus, not SoiiMi Carolina 75 85 81 only does the supp'y of Oholiersih promise to be less than last year's, 78 86 S3 but it is probable that a smaller propnrtlim of it will be marketed before fUirlila 9S 98 97 tho rains than was the ease with last year's crop. 83 86 83 "Assuming tlie snpjily of C<>mtab, Dharwar, itc, to be about the same MiAAisslppl 82 75 85 as last year, wo estiimte that on above basis the total receipts for the 81 71 89 half-year ending 30th Jiuie, will be about 200,000 bales less than for 7dxa6 75 80 87 the corresponding neriod last year, and that the probable exports to 72 76 83 Kurope for the half-year will probably not exceed one million and Mfty Tonneseoe...... 67 77 BO thousand bales (1,050,000 bales), as against 1,231,317 bales last year.'' Avcraee 74 83 87 Jute Butts, Baqoinq, Etc. —Bagging is in precisely the same as at our last writing. There is, as yet, no inquiry for Proorbss IK CoTTOlf Plantino.—The following, received by f>osition being only jobbing mail from our correspondents and from exchanges, shows the arge lots, the little demand noted for quantities. Manufacturers' prices are still maintained. Dealers progress planting tas made in various sections : at the close are quoting 9c. for lbs., 9^c. for 1% lbs., lO^o. GrEOKuiA, —Rome, Floyd Co.—Messrs. T. F. Howel's circular 1^ for 2 lbs. and He. for standard grades. Very little demand is of May 4 has the following : noticeable for butts, the contract deliveries sufficing in a large " Ualii Interrupted plauting on two days, t)Ut It U now very favorable •weather, and If ft continues, we think planting will be finished by 12th. measure. The closing prices on spot were lJi@2u. for paper Beporta conllriu an increase in acreage 10 to 13 per cent, but we can and •2}i@2%e. for bagging. estimate eloaer later on." CoMP*faA'nvis Port Recbipts and Daily Crop Movbscint.— Alabama. —The Mobile Price Current of the 4th Inst, says A comparison of the port movement by weeks is not aocurate of the crop : as the weeks in different year.4 do not end on the same day of "Reports from the Interior during the past week have indicated a to other standing higher temperature and generally more favorable weather for the the month. We have consequently added our development of the cotton crop, which, with the exception of being ten tables a daily and monthly statement, that the reader m»7 to twelve days later than last year.and slightly impaired,stands in some oonstAutly have before him the data for seeing the exact relative aections by previotu cold weather. Is in satisfactory condition." m >vement for the years named. The movement each month The Columbus Enquirer-Sun stages that in Hale and Pike since September 1, 1882, has been as follows. Counties, Alabama, the stands are reported good. In Barbour

County, Alabama, some cotton has been chopped out, and in September 1. Monthli/ Year Beginning Antauga County, Alabama, it is coming up well. ReeeipU. Mississippi. —In Lowndes County planting is about completed, 1882 1881. 1880. 1879. 1878. 1877. in Connty cotton is being and Calhoun chopped out. Sept'mb'r 326,656 429,777 458,478 333,643 283.81- 98.491 Tbw.nesseb. The Memphis Appeal's correspondent at Wood- — Ooto'ier. 930.384 853,195 968,318 888.492 689,'26t 573,533 ville, Haywood County, writes under date of May 4 as follows Sovemb'r 1,094.0 >7 974,013 1,006,501 942,272 779.237 822,493 '* The weather has been very favorable for farmers in planting their Oecemb'r} 1,1 12.536 996,807 1,020,802 956,461 893,86 900.119 orop. All th^ cotton has been planted, with the e:(ceptlon of a few 647,140 618.727 acres. The cotton sowed April IStli to 20th is aveiy good st.ind and January . 752,827 437,727 571,701 689,610 lias n green appearance. The indications ;ir6 now that the stands will rebroary. 593,59N 391,992 572,723 447,91- 566.821 472,031 be better that! last year. The unusiial cold weather last spring caused 303,95.> March . . 482.772 237,099 476,53i 261,913 340,325 ootton to die out even after it was up. The stands were necessarily broken, which lessened the yield considerably Ic this locality. No such AprU.. .. 281,510 117,593 284,216 158,035 167,45» 197,965 inlsfortiine is i>roiui8ed this year—taklug iuTo consideration all the iu-

The Covington (Tipton County) Call of the 4th inst. sajrs : Pero'tage of tot. port 96-86 " Fanners report that nearly all the cotton that will be planted this reoelpts Apr. 30.. 94-02 91 23 9271 9131 6easou in Tipton will be In the ground this week. That is early enough." This statement shows that up to April 30 the reoeipta at the Arkansas. —Messrs. Wheless & Reardon, of Little R )ck, issued ports thisyear were 1,191,954 bales more than in 1831-82 acid circular giving information a on May 1, on cotton planting and 270,883 bales more than at the same time in 18S0-S1. By adding acreage as follows: to the above totals to April 30 the daily receipts since that time "It Is early yet for any definite information relative to the crop now we shall be able to reach an exact comparison of the movement being planted. • • • » » years. "Estimates of acreage arc varying; some rei>ort a considerable decrease for the different and others a sharp Increase, as compared with lost year. Wc are lu- olinetl to think there will be a small increase. 1882-83 1881-82. 1880-81. 1879-80. 1878-79. 1877-78. "Planting is ten days to two weeks late. In some sections will be com- pleted by Ist, but throughout May the State not before the 7th to 12th Tot.Ap.30 4,630.189 4,138,235 5,359,356 1,633,867 4,307,97r 4,099,790 of the month. a. 3,391 2,575 4,145 "With the o.To^ption of the nights being a little cool, present conditions May.!.... 6,631 5.284 are generally favorable, and everything points to the new crop getting " 2.... 5,531 6.013 11,062 8. 6,454 2,707 healthy start." a " 8.... 7,363 3,235 7,490 4,642 2,435 7,181 Louisiana. —Various items in the New Orleans Times-Demo- •• 4.... 10,P33 3.916 7,317 4.633 8. 2,033 crat report that in Iberia, Rapides and Uuion parishes crop •' 5.... 7,134 9.13.; 4,854 4,696 4.851 8. prospects are very favorable. In St. Landry parisli there has " 6.... 8. 3,759 6,798 4.017 3.936 S,16i been favorable weather; more than the usual amount of cotton •• 7.... 8,237 8. 6,174 4,232 8,726 4.083 has been planted, and the early planting ha.s come to a good " 8.... 9,363 5,102 8. 4,366 2,439 3.851 stand. " 9.... 8,156 5,841 10,882 a. 2,621 4,297 Ti!.\M.—The Galveston News published on May 5 and 6 gives "10.... 6,419 3,176 8,07!i 7,130 1.953 4,838 extensive details with regard to crop progress in Texas. On the "11.... 10,931 2,125 6,541 2,430 B. 2,935 latter day it epitomized the results reached by its reports as follows Total 5,711,215 4,486,171 5,127,839 4,678,504 4,337,091 4,140,930 The crop reports published In the iV«w» of yesterday and this morn- P.

542 THE CHRONICLE. [Vol. XXXM. day of the month in 1882 and 283,688 bales more than they were MoRCrANO. steamer (9pan.). at New Orleans, for Liver ,iool. A Are was discovered at noon. to the same day of the month in 1881. We add to the table May 8, amongst the cotton In the hold of the BteamsUip Murciano, loading at New Orleans for Liverpool, which the percentages of total port receipts which had been received to had not been subdued at 3 P. M. May 11 in each of the years named. VADERLAND, steamer (Belg.), before reported, from Philadelphia for Antwerp, which returned to former port with piston rod of low Thb FoLLOWisa arb thb Gross Rbceipts of Cotton at New pressuio engine broken, repaireil and resumed her voyage .May 5. York, Boston, Philadelphia and Baltimore for the past week, Marion H. Rand, schooner, of Pliiladi Iphia, laden with 1,196 bales cotton for Vera Cruz, took tire in Guivcston Harbor May 6, atd since September 1. 1883: and waa filled with water to extinguish the flames. The damage is ecti- uiated Ifew York. Boston. Philadelphia. BalUm-ore. at $35,000. She was, A. M. of 7th, discharging her cotton Xfceiplt all wet.

— I This This from This Since aince Since This Since Cotton freights the past week have baeq week. \Sepl. 1. week. Sept. 1. week. Sepl.l. week. Sept. 1. as follows^

H. Orl'ans 7.925 243.937 2,424 9,619 Satiir. Mon. Tues. TTednM. Thurs. Fri. Texas 3.828 I(i8,9.i0 22.015 i',242 Uverpool, steam d. Savannab 1,802 212,949 70.872 219 14,520 1,707 86,543 »b4«'32 *64 a" '32 Seia^sal »C4®''32 9e^a>^32 Mobile... 5,452 Do Bail...d. 9e4®'364 9g4-«13fj »e4®"6< 9fl4®'3e4l964-ail3«4 »B4»13e4 Florirta . ""do 9. 5 45 Havre, steam c. 38* 38' B.Car'lina 1,758 164.015 2,616 14S 10,]110 650 21.388 3a* V 38* 3a* N.Car'lina OOli 54.170 28 17,346 Do gaU c. ..-• .... Virslnla.. 2,090 214.887 1,712 73,637 i'235 5i'( 626 1,609 110,712 Bremen, steam, .c. 1533* 1633. North, pts 188 2.3J7 125,135 200 "sa* ^^a' "aa* 1833. '"353 Do sail Tenn.. i,e. 135,105 4,717 165,7S4 784l78,90i "982 51,982 c...... --. .... Foreign . 2,958 Hamburg, steam.d. 3lC'3>'4 Sic9>4* 3l0®>4' 3i6®J4' Sl6®'4 >16®V Do 8aU...d. ...1 ...... This year. 18,729 12,452 474,590 2.386 5.036 288,171 Amst'd'm, steam.c. H ^ H »a h ^a lASt year. 11,579 t 7.9551401.907 2,906 94.734 6,775'206,7'0 Do eaU...d...... Baltic, d. •1,207,4U 11,112,243 t 157,55^ steam.... %2®5ie* »32®5i6* »32aSl6* »32®5,6* 932®»18' hiS^ie' Do saU c. .... Shippino News.—The exports of cotton from the ITnited .... Barceiona,Bteam.e. "16* "18* "16* "18* "18* States the pa.st week, as per latest mail returns, have reached "IG* Genoa, steam ...d. »8* »a' »8* »8- ^' =6* 84,650 bales. So far as the Southern ports are concerned, these * Compressed. are the same exports reported by telegraph, and published in tbe Cheoniclb last Friday. With regard to New York, we LiVBBPooL.—By cable from Liverpool, we have the following statement Include the manifests of all ve.s8el8 cleared up to Ttinrsday of the week's sales, stocks, &c., at that port. Wo night of this week: add previous weeks for comparison. Total bales. Sew York—To Liverpool, per steamers Britannic, ?,842 .Ipril 20 April 27 Man*.. Mayn. Egypt, 1,524 Laplace, 1,462 Republic, 1,860 Bervia, 1,372. ...Wyoiiiing. 1,755 10,«15 Sales of the week bales. 72,000 52,000 80 00 60,000 To Havre, per eteamor Aiueriqiie, 470 470 Of whlohex porters took 5,000 4,400 4,50' 5.100 To Bremen, per steamers Main, 100... Ohio, 755...8alier, 350 1,205 Of which speonlators took.. 4.600 5,300 5,5rO 4,000 To Hamburfr, per steamer Gellert, 707 707 Sales .American 50,000 39,000 62,000 45,000 To Amsterdam, per steamer Scbiedam, 743 743 Aotijiil export 7,300 2,000 5,700 4,200 "Kew Oklkans—To Liverpool, per steamers Catalan, 2,550... Forwarded 2.5.500 17,500 13.000 19.500 Kmiliano, 2,500 Explorer, 2,652 Federlco, 3,106.. Total stock -Estimated 1.011,000 992,000 933,000 914,000 Legislator, 2,468 13.276 Of which American—Estim'd 743,000 735,000 093,000 077,000 To Havre, per ship Charles, .=i,S13 5,813 Total import of the week 112,000 43,500 37.000 Sfi.OOO To Bremen, per steamer Cliutonia, 4,984... per bark Johanne Of which American 81,000 32,000 30,500 36,000 Anguste, 2,400 7,384 Amountatloat 256.000 278,000 331,000 313,000 To Reval, jier bark Hvperion, 3,706 3,700 Of wbloh American 122,000 158.000 183,000 193,000 T« Genoa, per bark Saint Anna, 2,148 2,148 To Venice, per bark Orsala, 1,836 1,836 The tone of the Liverpool rairket for spots and f atures each To Vera Cruz, per steamer City of Mexico, 799 799 day of the week ending May 11, and the daily closing prices Mobile—To Liverpnol, perbaik Aphrodite, 2,500 2,500 of spot eotton, have been as follows. Chablhston—To Liverpool, per bark Winona, 1 ,805 Upland and 250 Sea Island 2,055 To Eeval. per bark Eitpedit. 1,150 Upland 1,150 Saturday Monday. Tuesday. Wednes. Thursd'y ri-iday. To Barcelona, per barks Cometen, 1,750 Upland Tar- apoL month, 2.450 Upland 4,200 Dull Mod. inq. Mod. luq. Mod. Inq. Market, } To Reval, per barks Active. Easier. and fi-eely Satannah— Jacob Aal, 1,839 Upland 12:30P.M freely freely Meteor, 1,624 Upland 3,463 5 easier. supplied. supplied supplied. To Barcelona, per bark Flora, 228 Upland 228 Mid Upl'ds 5^8 578 51818 5|3„ 513,8 Texas—To Havre, per liark Albion. 1.354 1,354 hia.Orl'ns 6 6 51S18 510,8 To Bremen, per bprk Inverallen, t^ 2,101 2,101 Sales 12.000 14,000 8,000 10,000 10.000 8.000 To Reval, per bark Mciiixir, 1.040 1,040 8p60.& exp. 2,000 2,000 1,000 1,000 1,000 1,000 KoRFOi.K—To Liveipool, per baik Ruth Palmer, 3,704 3,704 Waitimore—To Liverpool, per steamers Caspian, 1,615 Sar- futures. matian, 2,234 3,879 Dnll Market, } To Bremen, per steamer HuhenstauiTen, 2,317 2,317 Firm. Steady. and Irregular. Irregular. 12:30 P.M. Quieter. Boston—To Liver)>ool, per stuamers Palestine, 1,565... Samaria, J easier. 1,175 Virginian, 1,017 4,357 Market, ) Pbiladei.fhia—To Liverpool, per steamers Illinois, 1,500 Steady. Weak. Barely Unsettled 5 P.M. steady. Weaker. Steady. Lord Gough, 1,300 2,800 \ The opening, highest, lowest and closing prices of futures at Total , 84,650 Liverpool for each day of the week are given below. These Tie particulars of these shipments, arranged in onr usual prices are on the basis of Uplands, Low Middling clause, unless form, are as follows: ftherwise Bremen stated. [Livcr- rf Ham- Amster- Baree- ^^Thepriecsarcfflvenin pence and 6Uhi,thus: 5 02 »t«aiM5 62-6id. TOOOl. Harre. burg. dam. Reval. lona. Genoa. Total. and 6 03 means 6 3-64d. r.»Wyork.. 10.815 470 1,912 743 13,940 N. Orleans. 13.276 5,813 7.384 3,706 2,148 31,962 Sat., May 3. nivn., May 7, Toes., May 8a Mobile 2.500 2,500 Charleston. 2,

562 600 6 63 01 5 61 5S« i 5 6il 5 59 6 57 Total... 43,386 7.037 13,714 743 9,959 4.428 2,148 84.650 July- Aug.. 6 00 6 6 69 668 Auri.-Sepl. 6 02 604 6 02 604 600 6 00 6 62 6«2 5 82 8 62 5M 6 60 Tnolnded in the above totals are. from Orleans Venice, i New to 3,836 82 5 Sept.-Oct.. 6 663 62 503 6 60 5 60 5 50 6 69 j 658 5 5S 55C 6 60 liales, and to Vera Cruz, 799 bales. Oct.-Nov... 5 53 SM 6 61 554 650 650 649 540 the Below we add clearances this week of vessels earryinjr Nov.- Dec... 5 St 6 61 5 80 660 6 48 648 6 46 6 46 6 43 5 46 544 644 eotton from United States ports, bringing oar data down to the Dec-Jan.... 6 47 5 47 6 47 6 47 latest mail dates: Kbw Ort,eass—For Liverpool-May 4—Steamer Leonora, 5,100 May 7— Steamer Architect, 1,936 May 8-Stoamer Uuroiano, 3,225. For Havre-May 4—.Steamer BorUeiini, 5,849. For Antwerp- -May 4— Sti-iinicr Bordeaux, 50. For Reval-May B»rk Gloiia, 9— . Wednes., May 9. Thurs., May 1 0. Frl., May 11. For CroiiBtrwU—May 4 Bark Svea, 1,525.

For Barcelona—May 8—Bark Autonleta, . OHARi.KSTON—For Barcelona—May 4—Brig Chanlto, 511 May 9— Open Bioh Imw. Clot 0p«i High Low. OUa Open Hi^h Low. Ctos. Barli Catalina, . HORFOI.K—For Reval—May 7—Bark Bacchus. 3,2! 9. d. d. d. d. d. For Barcelona—May 8—Balk Vnlhoig, 2,20s. Msy Boston—For Liverpool-May 2— Sicanier IllyriaD, 717 May 4— May-June. 6 53 55« 6 6» 686 664 6 66 564 6 65 6 55 6 57 6 66 667 Steamer Catalonia, 2,471 May 5—Steamer — Iowa, 1,875 May June-July. 5 57 6 59 6 59 6 50 666 659 566 6 6T 5 37 5 rtO 5 57 650 7— Steamer Veuetlsn, . July-Aug... 6 60 6 62 6E9 5 62 6 60 561 6 60 8 01 8 60 6 63 6 60 663 Baltimork— For Liverpool—May 4—Steamer Mcntmore, 2,845 May 7—Sti-amer Parisian, 2,400. Aug.-Sept.. 6 63 6 02 6fli 600 601 6 01 5 6) 60O 600 BOS 6 00 6 02 PHTDAnKLi'iiiA—For Liverpool-May 4—Steamer British Prince, 3,500. Sept.-Oet... 6 59 5 59 5 59 6SG 5 60 560 6 60 6 60 5 60 6 61 5 80 6 61 For Antwerp—May 4— Steamer Vaderland, 100 Oct.-Nov... 6 51 6 51 550 5 50 Below we give all news received to date of disasters to vessels Nov.- Dec. 5 40 6 17 6 46 47 5 46 5 48 646 5 48 5 47 6 47 647 carrying cotton from United States ports, &e. Dec-Jan... HAiwBURO.sfeiiraer (Ger.), from New York for Sonthampton and Bre- men, before reported spoken witu shaft broken, w.is towed into Falmouth, K., May 7, by steamship CaroniUa (Kr), from New - - Orleans, and left on the 8th in tow for Brcmeii. ; . . J J

Mat 13, 1888.] THE CHRONICLE. 643

BREADSTUFFS. AtdMptaat- nmr. Wkmt. Ctn%. Jitb.llWte BaM.M(ta Bmitmm FKIDAT. P. M.. Stny 11. 1883. ChlCMO (7JK» ia«.sn •4318 MllwaokM M.!na IN,4M tBMC mjm i7,«n Flour hai bean qnlat as a role bat steady. Patents, whether Tolsdo I, ma ii(n.«08 i4a.0M sa.TR* 8,808

Datrott... . s,4;n winter or npriog, have Rold with dilHcalty ; both have been ei.ioe J0.799 CIsvsland... a.3io M.100 ll,«0O a,«oo The lower grades have sold fairly, the ptMsed on the market. 8t.I/0nl«... SS.uon im.ioi IM.1KS iai.0uit turn pre venting any very large transactions. In the Peorta. 1.(103 s.aoo 118,000 Ms,m njioo 18,008 small supply OolDth holders are evincing some anxiety to sell, in view better grades Tot.wk. TW 187.31I8 'ifls.ui l.8»).M7 uni.4in Ssmo wit. f4 1,78 1. 21 1,347,644 KjD 1.067,545 8.'>7,43a 870.677 684.752 port wai published to-day, and though it had little effect upon Total (fiaSn .... 63,258,801 40,604,742 46,014,300- 53.158.658 the market, must be regarded as more favorable than was sup- Below are the rail shipments from Western lake and river posed would be the case. We give it in full further below. ports for four years: 1883. 1882. 1881. 1980. After the report to-day speculation was fair, but foreign Wee/e Week Week Week May 5. Jfay 6. Hay 7. May 8. business was only moderate. Prices were irregular, opening '^4 Plonr...: bbU. 121.945 65,640 113,307 99,727 @%e, lower, and then recovering the decline and advancing J^c. Wheat.. ,_ Trnh. 213,177 115.880 403.672 195,891 Com ^ 1,1)16.664 541.952 «;2.627 1,033,040 No. 2 red sold at $1 22@|1 22% for May, ?1 23®$1 23^ for Oats 1,001.695 360,923 J 3^3.4H0 B61,410 39.565 47,987 57.214 for July, 2G>^@$1 27 for August and Barlejr 107.674 Jnne. Jl 23M@?1 23% $1 Rye 65.090 24.183 25,339 36.9 1« fl 26,78®! I 27^ for September. It is noticeable that the Total 2,404,300 1,052,503 1.503.111 1,881.501 later months, contrary to the nsnal state of affairs, are selling The rail and lake shipments from same ports for last four deliveries. Thus, while there is now mnch above the earlier a weeks were: difference between May and September of five cents, and Week Flour, Wheat, Oom, Oalt, Barley, Jtye, between May and August of fully four cents, in favor of the endina— able. fru«a. Inuh. btuh. buth. huth. May 5. ..175,473 1775,226 3.742.676 1,609,576 107,074 333.Ut later deliveries, at this time last year and the year before the Apr. 2S...101.S70 l.Oa.l.SnS 3,721.1)97 1,1 5^.86 142.4)7 .59.tfU Apr. 21... 97.3S7 207.981 1,317.-121 757,600 148,627 76,697 selling for then at reverse was ttie case, No. 2 red May l-48Mc. Apr, 14... 90,751 219,775 1.3u9,0l7 538,525 116.241 27,005 and for September at l-25%c.—ii difference in favor of May of Tot.,4w. 465.481 4.168,560 10.093,8114,07^.563 514,900,501.425 21e.; in 18S1, at this time, May option sold at 124M4.t 22.720,913 18,461,548 a moderate extent. Oats have been fairly active at a further Com 31.813.067 29,849.918 45,141,741 7.62fi.477 6.767,3,59 decline, largely owin^r to a fall at Chicago, where the receipts Oats 8,57.1,770 Barley 2.031,476 1.88.">,858 1.435,6^9 have been liberal. To-day the market was quiet and easier Kye w 500,325 584,839 3S4,13li No. 2 mixed sold at 48j6(a48}^c. for May, 48%@49o. for June Total g-aln.... 69,033,182 32.523,900 62,670.005 72,190.413 and 49M@49%c. for July, The exports from the several 8eal)oard portJ* for week endisfC

The following are closing quotations : May 5, 1883, are shown in the annexed statement: exporu Flour Wheat. Oom. OaU. Rye. Ptoi. Ko. SsprlnK...9bbl.$2 50» 3 40 Patents, winter 9S 50» 7 2!i from— No. 2 winter 3 oca 3 70 City BRIppluK extras. S 50a 6 20 8iip*rane 3 76» 4 15 Southern UaKers' anil Bbtt. Sutk. Biuh. Buth. Buth. Bush. BprinK wheat extras,. 4 a.i« 5 HO family brands 5 759 6 90 New York 58,148 495.415 239,651 543 102.18? 703 do baker«* h OO'a B 0^> Bouth'u sklp'g extras. 5 159 5 75 Boston, .. 62.09B 4l,le3 86,185 IJ^OOO Wis. .k Mien, rye mix. 5:5a (! 00 Rye flour, snperllue.. 3 309 3 85 Portland 714 67,000 Minn, clear and atra't 5 OOa 7 Of) Com ineal— Moptreal...... Winter Bliipp'Kextraa. 4 15a 4 35 Western, 4e 3 00« 3 35 PhUadel.. 4,428 69,038 284.26r Fatents, spring 6 00» 7 75 Brandywlne, Ao 3 35« 3 60 Baltira'rr 10,844 122,153 241.834 | N.OrVns . 312 367.658 15 ORAW. Wheat— Oats— Total w'k. 136,544 797,739 1,222,589 558 162,188 15,70S Sprlnjr.perbnsh • Mixed 47'9» 82 B'me timr 397,248 261.641 4.016 96.370 36.138 BprinfrNo. 2 « WWfe ^ fi2 a 1882, .. 83,270 Red winter. No. 2 1 24 «1 2(1 No. 2 mixed. .... 48V)» these exports is as below. We add the Red winter 1 12 el 24 No. 2 white 52 a "52>i The destination of White 109 «1 2»t Barley- corresponding period of last year for comparison: White No. 1 1 ISiaai 16>« Canada No. 1.... 95 Com— West, mixsd 54 a 05 Canada bright... 97 08 Flonr. Wheat. Com. West. mix. No. 2. t5»4* 66I9 Canad;t No. 2 85 White 67 a 70 Btate, 4-rowed... 85 Erportu 8* 1882. 1883, 1882. Yellow 67 « 70 State, 2-rowed... 7i 80 for teeek 1883. 1882. 1883, Week, Wnk. Week, Woe*, R7»—Western 76 1» 78 to— Wrek, 5. UayA. Uayi. Mt^^i. etateJc Canada.. 75 9 80 Mayb. Jf«y6. May Btuh. Biak. Bruh, The movement of breadstuffs to m^trket is indicated in the Bble. Bbli. Biuh. Un.Klng. 95,1.^0 40,961 4.'<3,34r. 2-.5,405 1,083,346 216,340 llr.167 statements below, prepared by us from the figures of the New Coniin'nt 2,768 2,278 34 1,44 I 1W>,V.>3 H.&C.Ani 14,620 4.H0>' 250 17.427 liviO York Produce Exchange. We first give the receipts at Western W. Indies 8,596 13,683 2,000 1,720 a.7a7 22,'i9^ 2.725 150 Lakq and River ports, arranged so as to present the comparative Brit. Col's 14,1«« 9M, Oth.o'iit's 1,222 84 204 movement for the week ending May 5 and since Aug. 1 for OOO,"^^*! 707.78!) 397.218 I •>R4.IUl each of the last three years; Total. 13H.M4 «.'.,27C . : :

544 THE CHRONICLE. [Vol. XXXVl.

By adding this week's movemeat to our previous totalH we ciused rather more inquiry for some descriptions of fall goods, have the following stateaisub of exports since September 1, this for which jobbers in remote sections of the country are desi- season and last season. rous of securing cheap transportation, but transactions in this Flo ur. IDlfaS. Corn. connection have been only moderate as yet. The weather has Exports since 1882-83. 1881-82. 1882-83. 1881-82. 1882-83. 1881-82. become more f.ivorable for the retail tiade, and large quantities Sept. 1, (o- Sept. I to Sept. 1 to Sept. 1 to Sept. 1 to Sept. 1 to Sept. 1 to of summer goods are at length pa'^sing into consumption; but Mays. May 6. May 5. May 6. May 5. MayO. retailers are amply stocked for the present, andsome time BMs. BUS. Bush. Bm\. Bush. Bush. must neces.«arily elapse ere much improvement in the demand can Kingdom 4.742,583 2^261,989 30.456,751 24.227,850 22,505,890 18.099,004 be Dn. expected by the wholesale houses. 4,19',i,632 Continent . . 387.928 163,820 23,500,124 8,989,502 4,210,623 Domestic Cotton Goods. The exports of cotton S. AC. Am... 4!,7.()7-l 477,388 101.938 8,(147 274,11'5 357,193 — goods for the West Indies. 634.1)51 4(50,054 58.5501 33,271 288.233 461.265 week reached the handsome aggregate of 5,204 packages, of Brit. Col'niea 302,167 362,020 7.806 45 78,963 110,232 which 1,523 were shipped to China, 1,247 to Africa, 1,160 to 0th. couritr's 31,422 28,113 203.208 226,134 107,415 66,143 Madagascar, 883 to Great Britain, 111 to U. S of Colombia, 105 to Brazil, &c. There was a better for Total. ... 6,686.723 3,751,384 04,331,373 34,483,539' 27,538,208 23,310,461 demand brown sheetings and drills at first hands, and some large sales were made to ex- The visible supply of grain, comprising the stocks in granary porters at a slight advance upon prices of a fortnight ago. At the principal points of accumulation at lake and seaboard Bleached goods were in irregular demand but steadier, because ports, and in transit by rail and water. May 5, 1883, was as of the upward tendency of the cotton market, and colored cot- follows: tons, especially cheviots and cnttonades, ruled quiet. Cotton Wheat, Corn, Oala, Barley, Eye, Hannels and wide sheetings continued in fair request, and con- Imloreat— hush. bush. bush. bush. bush. siderable deliveries were made by agents on account of back Kew York 2.872,373 .5il9.343 703,041 5 813 93,081 orders. Print cloths were fairly active dearer, Do, afloat (est.) 100,000 266,000 96,000 67.000 95,000 and closing at Albany 16.000 fi.500 27,500 1,000 1.500 3 11-iec. for 64x64 "spots," 3%c. for 64x64 "futures" and 3]4@ Buffalo 1,078.083 GC,.514 70.041 9,-5,318 l-.Sil 3 3-16c. for 56x60s. Prints were quiet in the regular way, but Chicago ., 6.120,751 898,461 42,098 6i5,3J5 0,630,184, some fair-sized lots of "off" styles were disposed Milwaukee 1,267,91)0 16,217 1,562 178,323 72,018 of by means Duluth 1,531,818 of low prices', and stocks are well in hand as a rale. Toledo I,515,fl32 478.924 64042 956 18,996 Domestic Woolen Goods.—There was a slight improvement Detroit. 1,113,175 29,623 31,216 1,839 in the demand for men's-wear woolens, the Western Oewego 90,000 10,000 1.800 255,000 150,000 and near- clothing et. Louis 080,945 1,454,960 72.083 21,099 54,044 by trade having been fairly represented in the market. Cincinnati 80,063 56,397 26,231 58,->90 £8,975 Oper.tio.is were, however, conducted with more than usual cau- Boston 75,300 170,236 133,452 1,904 253 tion, and selections, though footing up a fair aggregate amount, loronto 371,392 1.500 94.028 19 Montreal 240,501 9,131 90,800 35,134 20,928 were chit-fly of a hand-to-mouth character. Fancy cassimeres PhUadelphia 407,657 149.397 161.311 and suitings were more sought for, but purchases were in- 237.2f,0 Peoria 3 243 337.336 7,043 121,302 dividually light and mostly restricted to a few specialties. Indianapolis 200 300 72.200 42.900 16,400 Worsted coatings ruled quiet, Kaneas City 126.506 23.889 8,974 210 23,423 but stocks are in good shape Baltimore 728.807 200.825 and prices remain s'eady. Satinets were less active, but there Do\rn Miasissitpi. 26.448 317,133 35!522 was a freer movement in heavy doeskin jeans at the low rail 279,520 On 1,610,614 1,308,030 155,100 75, (-73 prices lately established for leading makes. On lake 1.711,137 3,620,470 650,312 282,919 White flannels have received more attention, but other flannels and blankets Tot. May 5, '83. 20,707,249 10,168,398 4.607,143 1.820 900 1.784,097 were mostly quiet, and there was only a limited business in '-3. Tot. Apr. 28. 20,781.911 lt;.894.226 4,453,197 981,095 1,627.880 blankets. Dress Goods continued in modeiate request, Tot. Apr, '83. 2I.20i,544 17.081,9-10 and 21, 4.020,629 986 623 1,708,658 'jq Tot. Apr. 14, '83. 21.708,330 18.129.920 3.873.801 1,192,149 1,637,107 some fair orders for w.j hosiery and knit underwear were Tot. May 6. '82. 13.313. 8J0 8, 597, 141 2,083,0.13 101.418 1.092,985 placed for future deliv» /. Agricdltueal Bueeau Report. —The Agricultural Depart- FoKEiQN Dkt Goods - -Importers have experienced a very light for forei .-n ment at Washington issued on the 10th inst. its May report on demand goods during the week, but a fair busine.Hs was done by some of the leading jobbers. the Condition of wheat. The report is as follows : Silks and satins were only in modeiate request, The May returns of wheat to the Department of Asriculture make and operations in dress the condition as compared with .^pril averaces materially Unver in goods were confined to a few specialties, as nun's veilings, New York and Miihii^an :nd in Ohio and Illinois. Further fi.jurr was grenadines, light cotton fabrics, &c. Linens, white goods, laces wiousht hy rroste caily lu Ayril, and in the more northeru diistrifts and embroideries ruled quiet, and men's-wear woolens were the real damage bj' March freezing was more fully disclosed as the .slow covering if snow and ice disapiwai'cd. The average is 77 for New of sale; but there was a steady business in hosiery and York, tne deprecation beiua heaviest in Ouonaiiga. Niagara, Genesee fabric gloves. And Ontario; for Michigan 83; for Ohio 62; for Illinois 60. Further Importatlona of Dry Goods. loFB is suffered by plowiug up of large areas iu Ohio and Illinois. A importations of reducUou in Missouri from 83 to 80 is also reported. In Indiaiuv the The dry goods at this port for the week condition averages 75. and New Jirsey reports 101, both the same as ending M^y 10. 1833, and since January 1, and the same facts in April. All the reuiainiug northern Stales show an Improvement for the corresponding periods of 1882. are as follows: since the April reiwrt, as well as the Faeiflo Coast, and nearly all of the Southern States. The averages are S A Connecticut, ; 90 Pennsylvania, 95 ; Delaware, 85 ; Maryland, 99 ; D Virginia, 97; North C.irdiua, 96; South Carolina, 93; Georgia, 97; 1^ Alabara.i, 9s 1 ; Mississippi. 92; Tex,i«, 87; Arkar.8as, HO; Tennessee, o 88; West Virginia, 90; Kentucky, 81; Kansas, 91; California, 77; £ Oret'on. 72. a 3- n cr fiifif This is an improvement of 15 points in California and 17 in Oregon. 1: The average condition of the winter wheat is 83ia, against in April. "3 a, • ii 80 " • OB o ' mil , : : t he lo.«8 in area from re-planting in other crops be to ;'.••• c . may assumed a c rt R reduce the prospect Lo that of April 1. ^ In 1879 and 1880 the general •« • *s ','.',','> ! : i i i T 1 ; ; ; J ; ) average was 99. in 1331 it was 88, iu 1882 it 102 iu was ; M»y of last ^ year 100. In former years there were uo .May returns. Two years ago the averajre declined to 80 iu July. Last year it w pU — o. lt*M t;^ ,- ' ^ 5^ Increased to 104 at the '- tt -rf '^ time of cutiin.g. t— 'lO *' to t: w ro MtO tu to - - to Ci X — t.-! -J- tv CD OCCrOWO QD &.- Oj *^ *» !D It zp CO -J o; w c ao X » should be'uuderstood that in Di>p»rtineni; reports of condition, 100 aj *..*- ir- Ci O* 03 Vt -'' means a medium growth, with a fall stand and a healthy plant. z - K* n ^ i. -r a Ohio and Illinois State rei)ort8 compare with last year's crop. Thus. o«rf- M t^ t; fv (^ 2 ported .luue 1 00 *^it» CtiCtOO — Ot *- — -^ H in Si O) — ClCCWtOt-* Si Washington Territory. It la not probable that tn *». '& iuerease iu spring to fcOh- OlQOJOffiCJ ?- ," lO — 0( O M U" CI to jO wheat area will more than make good the loss of winter wheat aci-i age. X "I-rb'b'bto 1 5 a Witliout regard to the sprlug wheat breadth, the present prospect for 'p CO VT OiC^-e^^O cr . UM cowo A dispatch from the London l0^W*-^OJ 2 10 #- tC OS \^ statistical agent snder date of April 2^, attJ"*-aDW% ? reports au improvement lu -lo CJ^OOOtO CC Eiironean wheat prospects during the last »P- CO to CO 00 G w® u p X OD month. The seventy of .March was followed '-405 — s by three weeks of dry 'r.1 Vtoc to'jo Mb-b — ^ 'V^t"'b*'. 10 weather, which was succeeded by one week of invigorating rain. The ni CD^ c;itooo3rf* Z c: 00 tn t-ocoCiCO ;ju 10 ^ en CO »i* tOM ^^ X to 00 to CJ' tow t-* 10 X — — 10 *- - 00 season is still backward and higher temperature is needed. o 3 The small or area auritig sown wheat lu iinglaud is thiu, and much of a: Ci >- cr) to It will be displaced by barley. !f^^ •z ;? In France WUttOi^** B (JO tc »- i*. CO oib"jnoco and Uermauy rain is needed tj and higher temperature neces- rn &oto Oi — tcoto m C-t CO — C tOO.OSO' f M OWOC- w > sary. With reduced -0 :^ :=i 3-. acreago in Western Europe and some injury from CD tDiO 10 cj" c •i^- C- C CO Oi H •a Ii Ireezing in March, a reduced crop appears to be Inevitable. Iu Austila- >- a Huugary the prospect is (.j)_.H» tj -co toco 1- favorable for at least a medium crop. 'r-(U H to X P-Oi yio^oos •*! t(-td CO C ' o cc to s 00-.-: 10 n ci -o S tOlfc OO^CO'lO to CI tow Oi o O -J w 0=3 *. Cj» Ci - GO - CO t-* o QOr-il-O-J t)« H Fhidat, p. M., May 11, 1883. 58 QD 00 tr> f-*f-* to — I— ^ G> CO The past week has developed an improved in A- undertone the loaoytooo to to — rf»>CO00 (t-CC.'»COp cotton goods market, the advancing tendency tote CO too: Vb ** with MOCD-JW Nl MO> O X OS t>' to " wx:'^'3i!f * commission houses Oi -co W tC 00 ^1 - J (Ti t--tw and importers, and only moderate in the -.1 :;! c*: -x Oi J* l"1 CiSl O to O H* O Cii-* — O :0 Oi CO CO X w io CDOl Oi -C O 10 *J CO Oiowao-"' jobJ>iog branches of the trade. The opening of the canals Orf^ OiOt^-1-1 00 ^ — (0 O * -1 - has ^ , : : —.

Mat 13. ItiSS.J IHK CHROiNU.LK ftt

Commercial Cards. I^nl^ jitatemeuts. iJituIt Stutcmcuta.

If" »M- Tur ( (IMIITTIIV ' ' ' ' \ \ r r. \ \ i\ II.; " Vork.at iclose ' -I iU> UEBUIIIU.'U. fiOans and disconnta. |lS.lMNn4 HH I.osns and discounts (iTnrdrarta 4.0HI Ml OTerdrsfts Dan Talmage's Sons & Co , •Heoiire circulation - tuio.uvo uo U . H. bds. tn secure clrtnilat'n (per tsI.) iM.nS , iiondsand mortaagct.... iaA.i«(B an Other stocks, bunds and mortjtages ... »t.M1> 40 iniILI.KRS, FACTORS • r Clearing House 8.978.1X8 OR Bxchanges for Clearing Honss t,ll ' hiuiki. 14.000 00 Bills ot other banks RICE, ciir'cy, nickels & pennies 8,1S0 46 Hpecle aMojeau so L.eg*l-tender notes 96 Wall Street, >ew York, l.«'K il tender notes eeo.7ti 00 Due fr(,m U. H. Treasurer, other than Rodciuptlon fund with U.S. Treasurer 6 per cent redemption fund MM)00 00 10, fl ^c 14 East Hay, Charleston, (B per cent of clrcnlatlon) 87.000 00 108 Bay Street, Savannah, Due from U. s. Treasurer other than ToUl 5 percent redemption fund 4,000 03 LIABILITIBS. 41 43 North Potem St., New Oilean* ^ & Total ta0.4M,bM DO CaplUI Stock paid In MABIUTlIa. Surpjus fiind. •?:S8«?| Capital stock paid In |S,200.000 00 'ndlTlded profits ^ State Surplus fund MO.OOO 00 bank circulation osi standing.... iMt i Undivided pioHts 785.768 00 Dividends unpaid ITMM I. National bank notes outstanding ... 688.980 00 Individual deposits subject to ebeek.. IM»t.oa» M DlvUU-ndii UMimld 17.960 87 Demand certlnoates ot deposit tajHO 13 Individual deposits subject to check.. 10.oe8.8U8 60 Certlfled cheok. tjMBjH* W to l>emnnd certlttcates of deposit .V7..18I 6.*) Due other national banks SvBMtTM 18 — to BrinckerhofF, Turner Deposits for acceptances 4,OtKI.1V20 SU Due State and private banks and Cashier's checks outstanding 89.SU UH bankers 1.807.17*47 Due to other national banks 10,574,:i'.iH 412 Due to State banks and bankers 47').041 21 T. tal $8ajR7.4XSH & Co., Slate of New York, City and County of New Tork.ss: Total lmO.4«0,O'iU BO I. Di'MUNT Clarke, Cashier oi the Amertcao Manufacturers and Dealers to State of Now York, County of New York, «s .• Exchange National Bank of the city of New York, I. Hknhy MfcKiiofT.Cashlt-rof thoaboTe-named do solemnly swear that the above statement Is bank, do soli'tniily swear that the above statement true, to the best of my knowledge and belief. COTTON SAILDUCK Is true, to the best of my knowlodee and belief. DUMONT CLARKE. Cashier. UBNRY flUCKHOUT, Cashier. Sworn to and subscribed before me this 8ib day And aU kind! of Subscribed and sworn to before me, this 4th day of May. 1863. W Itness my hand and notarial seal. of May. ISW. I). G. FAN.NINQ. A. II. RonoEHa. Correct—Attest No: ary Public. COTTON CANVAS, FEI.TINQ DUCK. CAR Correct.—Attest : Notary Public. N. Y. Oo. O. 0. BALDWIN. ) ALBX-R CAMPBELL.) COVKKINQ, BAGGING, KAVKN8 DUCK, SAIL 1- REUKRICK MKAD.^ Directors. SAM'L D. BABCUCK,'. Directors. II. TW1NB3, 4C., "ONTAKIO" SEAMLESS JOHN' INMAN. ) J OSI A H ,M. FISKE, > BAGS. "AWNING 8-TRlPKS. RV.PORT OF THE CONIIITION OF TUB REPORT OF THE CONDITION OP THK Also, Affenta THIUI) NATIOXAI.. hank OPTIIECITY GALLATIN NATIONAL BANK, AT OF NEW YORK. In tho State of New York, at the New York, in the State of New York, at the close of 1, 1883: UNITED STATES CO. close of business Tuesday, Muy 1, 1B83 : business, May BUNTING HE8UURCK8. HE80rRCBg. A full supply, lUl Widths and Colors, always In stocJt Loans and dsco'jnts H.OSO.Shl 08 Loans and discounts $3,194,881 OS Overdrafts 1-8 74 Overdrafts 4.860 41 No. 109 Duane Street. n. S. bonds to secure clrculatloo 60,000 00 U. 8. bonds to secure circulation 800.000 00 U. S. bonds on hand 86,(00 00 Other stocks, bonds and mortgages. . 886.000 OO other sto'-ks, bonds and mortgages 67H,n83 06 Due from other National banks 118.161 H Duo from other National banks 608,1105 47 Oue from State b.inks r nd bonkers 5.848 87 Due frutu Slar.e banks and bankers 6 848 ttO Heal estate, furniture and fixtures 98.500 00 Joy, Lincoln & Motley^ Real estate 45,603 88 Current expences and taxes paid 4.888 M cash items girccmssoBS to CurreKt expenses and taxes paid 40,895 58 Checks and other I60'87 Premiums paid 4.718 76 Kxchanges f' r ( learing House 8.790.416 11 E. R. mVDGE, SAWYER & CO., ExclianKcs lorClearlnc House 8,010,716 66 Bills of other banks 16,000 00 «3 & 4S White stucet, IS Chaukcet Strut, Bills of other Banks (8,016 00 h'ract'l paper cur'cy. nickels A pennies. 89 76 Fractional p.iper currency, nickels and Specie 384,110 00 NEW TOUK. BOSTON. cents 859 87 Legal tender notes 107,507 OO AGENTS roR Specie 1,083,341 00 Redemption fund with U.S. Treasurer Ocean millN Co., Atlantic Cotton mila, Leual tendernotes 714,000 00 (5 per cent of circulation) 40.000 00 Peabody mila, Clil<»pee Jllfs- Co., Duo from U. S. Treasurer lol her than per cent redemption fund) , 4,066 00 Total $7,ae«.ai8 u Uertou New .TIIIIn, White mi-:. Co., S UABIUTUS. Saratoga Victory ini'K. Co., Total »9,818,598 87 Capital Stock paid In $1,000,000 00 Hosiery and Yarn MUU. LIABILITIES. Surplus fund 800.000 00 Capital Stock paid in »1,000,,000 00 Undivided proflU 688,788 «8 Surplus fund 800,,000 00 National bank notes outstanding 781,500 00 Undivided profits 158,i.lOO (18 Dividends unpaid 4,660 00 deposits subject to check.. 3,444,886 88 Individual d-'posits subject to check . 8,321 ,7U8 90 Individual 1.848 Bliss, Fabyan & Co., Demand certificates of deposit 1 tOl 0» Demand certificates of deposit 60 Certified and accepted checks 871 ,708 4!i Accepted drafts l.ieSAW 86 New York, Boston, Philadelphia, Cashier's cheeks outstanding 196,,161 16 Cashier's checks ontstsnding 860.000 OO Due to other National banks 3.682,,1*57 13 Due to other .Valional tanks 404.869 ta to state bsnks and bankers 48.180 98 SELLING AGENTS FOR LEADING BRANDS Due to State banks and bankers ... 670.,814 S3 Due BROWN & BLEACHED SHIRTINGS Total 19,818,598 87 Total »7.9e9.818 13 New York, County of New York sa.: State of New York, Ctmntv of New York, m : AND SHEETINGS, State of the I.G. L. Ht'TC'HiNos. C, shier of the above-named I. AKTHt'H W. Sherman, Cashier ot above- swe^r that the PRINTS, DBNIMS, TICKS. DUCKS, 4c. bank, do solemnly swear th-«t the above statement named bank, do so.emnly above b'>st of knowledge and Is the best of my kuowtedtre and bollef. statement is true, to tho my true, to 'oshier. Towelr . QulIts,'WliIte Goods & Hosiery O. L. HUTCHINOS, Cashier. belief. A. W. SHER.MAN. Bubscilbed and sworn to before me thli 8tb day Subscribed and sworn to before mo this 5Ih *ay Drills, .'•hettiiigt, ite., for Export Trade. L. BKA VNAKli. of May, 18S8. KUUKXE I'kl.MAR. of May, ISgS. U. : Notary Public. Correct— Attest; Notary Public, N. Y. Co. Correct—Attest GEORGE CHAPMAN,) A. H. STEVENS. ) ISEMN, JR.,> Director*. (Sluned) PAKKEll HANDY. > Directors ADRIAN THO.'W AS DENNY. ) ^2 1 W.\l. A^m)OTO._ ) SAMUEL BUDD. OF THE CONDITIOX OF THE TtTePOBT of the CONDITION OF THE REPORTNATIONAL HANK OFTIIK KEPI ELK', ^^MKRCVNTILE NATIONAL BANK at New York. In the State of New \ ork, at tlio close Fine Custom Shirts our Specialty. 1883: of the City of New York. May 1, 1883: of business May I, HESUUUCES. KESOUHCCS. Over 01 Twenty Years' experience war- discounts $4,991,659 «8 I.oansand disoounU »8.5WJ70 Loans and 86,iw« o3 Overdrafts 47 15 Overdrafts to sscure circulation 800.000 00 rants the assertion that our Dress U. S. bonds to secure circulation 77B.OC0 00 U. S. bonds and mortgages 61.500 00 Othersiocks, bonds and mortgages l"*'?' *? Other stocks, bonds 803.784 88 Shirts aie 206.000 00 Due from other national banks unequalled for style, appear- Bealestate bankers 75,851 tf Premiums paid 10.000 00 Due from State banks and Real estate, furniture and fixtures 800.000 00 ance and workmanship. guar- Current expenses and taxes ^'d 50, 1 42 50 We »7S5,7S6 67 Current expenses and taxee paid S0.40O 17 Specie Items Lenal-tentlcr notes 841,^00 00 Checks and .ther cash „ ,12'S* IS antee in all cases a perfect fit. House Billsot other banks 86.a64 00 Exohanites for Clearing '•'27-Si !S Checksand olUercash Items 14,4»a 94 Bills of other banks -.•••;•••.• •,-•• **'SS S2 767,989 78 Kract'l paper Cur'cy. nickels A pennies » Excli'ngesforCIoar'K House in8.88S.„S2Z 04 SAMUEL. BUDD, otiier -Nnt. banks. 23'«.557 80 tilpecie Due from 804.141 00 32,075 47—8,188,476 77 Legal tender notes -.I'-i.- Dncfr'mStiilobks.4b'nlier8 Tress- Broadway & 2'lth Street, New York. fund with U.S. Treoaurer HedemptioB fund with U. 8. „,--. Redemption ... SJ.600 00^ of clrculalton).|35,050 00 urer (6 per cent of circulation) I (5 per. cent other than Due from U.S. Treasurer Due from U. S. Trcssurer, 5 per cent redemption fund 9.000 00 other t ban 5 per cent redempilon fund 2,000 0- 37,060 00 Total $8.683,S«T 80 OFFICE Total »8,31tf.376 04 LIAUIUTIBS. __ , „ LIABILITIES. Capital stock paid In paid In $1,000,000 00 •'592-SSS iS Capital stock Snfplusfund 2S-2SS S CARPETS. Surplus fund 168.000 00 Undivided profits TIHSSS Undivided profits 168,851 54 National bank notes uuutaudlng HOUSEKEEPKRS AND OCCUPANTS bank notes outstanding 701,000 00 '>*'''S22L% OF OF- Nati,inal UlTldends unpaid .••••.•-• „,iS'2222 FICKS tftko notlfe. H«>foro buj-lnif your Carpetn Dividends unpaid 180 00 deposits subject to check... a,fa>n« M Linoleum, Ollcliill»»,iirMaltlnKS. Individual mil ut BEND ALL'S Individual deposits sub- certificates of deposit Store-. Demand .S'iSl S MIsat drptt lU I'ulton St., basemout floor iocl to check 18,331,784 16 checks Cheapest place In Certillcd '-'ShSS New Vork. Demand ctfs. of doposlt.. 3.838 74 Cashier's cheeks outstanding 2 checks 207,0^1 40 .'K-sS S Ccrtifled Due to other national banks '•JiS'S? 9S Cashier's checks Jjutsfd'g 401 BO Duoto State banks and bankers o87Jg>4 88 Duo to other Nat'l banks. 2,174,187 79 1,500,516 61- Columbia Bicycles. Due to State bks 4 b'kers «.8q7,3*4 50 Total $8,083.807 80 Total $8.3:6,370 04 State ot New York. County of New York, ss: In of Thousands dully oae by doctorti, York. County of New York. : 1 II. PfLLE.v. Cashier the abore-named State of New i»"^'{;-^{l»E"iJ ^it,^;,. Ulostratcd 80-paj{e ment is true, to tho best of my knowledge and t|e- before me this 4th catalogue to rcf. FREDERICK B. «;nKNCK,^aahler. Subscribed and sworn to day Subscribed and sworn to before me this 4th day of 01of May,aia) »

Ill THE CHRONICLE [Vol. XXXVI

gauli ^tatjem^uts. mill ^tatcm^ttts* "MnUicntioMS. KBPOKT OF THE CONDITION OF THE REPORT OF THE CONDITION OF THE METROPOLITAN NATIONAL BANK, NATIONAL PAKKHANK New York City "lis Value Increases Every Year." at Nuw York City, in th<; State of Vork, ut tho at the cluse of business May 1, 1883: Kew Churchma?)^ A^ close of busiuesf*, Aljiy 1, 1883; RliSOUltOES. T Loans and discounts $15,820,449 25 ^^, THE (SKEA TEST LIVING Loans and discounts f3,780,135 2Q Overdrafts 0.601 .59 Anihui-N, such us Prol'. Mnx Overdrafts 1.853 B4 U. S. bonds to secure circulation 50.000 00 mulUr, Riyht lion, \V. E. U. y.boD'Js to secure circulation 2.500,000 00 U. S. bonds to sGi ure deposits 250,00.) 00 (•liidNtoutN .Inpi. At l''i'oiiilet Other stock-*, bonds and raortga>.'es... I,500,tfy3 74 Otlierstockii, mortgage, bonds, &c .... 1,812.139 52 Prot. lliixlry. K, A. Proclor Due from other nationul bankn 831,945 03 Due from (tlier National banks 1,058.004 81 Ed wit I'd A. Freeman, Proi. Due from State bini;s iind blinkers ... 380.810 07 line from State and pr.vate banks and Tyudnll, Dr. W. B. Caipen- tlfikX estate, furniture and fixtures — 805.770 19 bankers 380,080 44 t«*i', Fraiu'e^ Power Cubbr, Current expenses and taxes paid 48,096 75 Real estate, banking-house 750.000 00 ProfewMor (< old win Siiiiili, eheckaand oihercashiteins 47,014 03 Other real estate 87,473 37 The Dune nt Aruryll. \V ni. Kxchanges for Clearing House 3,984.042 GO Premiums paid 5,025 00 HIacU, HI IMS Tliatkevny, Billeof other banks 43,370 00 Checks and other cash items 09,0")9 17 I>lrrt. 3lnloi'k-Ci-aili, iivo. Fract'l paptr cui'cv, nickels & (jennies. l.OSS 93 Exchange^ for Clearing House 2.709,503 18 IflncDoiiald, yirn, Oliphnnt, Specie 1 ,860.709 95 Bills of other banks 12,972 00 Jean lnQ:f>low,ThnH.]]ai-dy. I*Q»iai tender notes 550,234 00 Fractional currency, nickels &c 300 69 VV.H.I>laIioch,VV.\V. Story Ked-inption fund with U. f. Treas- Specie—G'ld coin 1,062.285 00 Matthew Aruoldt KuHkin, urer (5 per cent of circulation) 112,495 00 Gold certificates 627,000 00 TeuuyMon, Browuiua:,„^ and many others, ure re- U. S. ceriificates of deposit for legal Gold Clearing House certificates 1,640.000 00 presented in the pages o. tenders 80,000 00 Silver certificates 145,000 00 Silver com 6.S59 tO Total f2l,539.809 60 Legal tenders 1,262,213 00 Littell's Living Age. LIABILITIES. Redemption fund with U.S. Treasurer Capital stock paid in J3,000,000 00 (5 per cent of circulation) 2,250 00 The Living age has been published for nearly Surplus fund 1,400,000 CO Due from U. S. Treasurer 174.000 00 forty years, and has met with continuous commen- Undivided profits 123.300 68 and success. National bank notes outstandinjr 2,204,9(10 00 Total $23,037,822 02 dation Weekiy MoQazine, It gives more JDividends unpaid. 4,435 00 LIABILITIKd. than individual dcijoaits subject to check.. 5,717.996 11 CflDital stock paid in $2,000,000 00 THREE AND A QUARTER Demand certificates of deposit 53893 67 Surplus 1.000.000 00 THOUSAND Certified checks 1,731,165 45 Undivided profits 2.0.568 7» double-column octavo pages of readlne matter year- Cashier's checks outatHUdina: 590,144 75 Circulation outstanding 45,000 00 ly. It presents in an Inexpensive form, considering Due to other natioaal banks 4,974,505 .SO Dividends unpaid l,i»24 00 Due to 8tate brinks and bankers 1,079,402 54 Individual deposits subject to check.. 9.355,613 93 its great amount of matter, with freshness, owing Demand certificates of depojit 711.258 93 to its weekly issue, and with a satisfactory com Total $21 .539.809 £0 Certified checks 900.116 9H pleteness attempted no other publication, the itateor New York. County of New York, ss: Cashier's checks outstanding 210,413 45 by 1, Geo. J. McGoiTKKEY, Cawhler of the nbove- Deposits of Lf. S. disbursing officers... 174,768 08 best Essays, Reviews. Criticisms. Serial and Short named bunk, do solemnly swear that tlio above Due to other National banks 10,350,834 28 Stories. Sketches of Travel and Discovery. Poetry, statement is true, to the best of my knowledt'e and Due to State and private baoks and belief. G. J. MCGOUHKEY, Cashier. bankers 3.017,325 58 Scientiflc. Biographical. Historical and Political In- Subt'crlbert and sworn to before me tliis 7tU day formation, from the entire body of Foreign Peri- ©f May, 1883. liEUKLKY T. WooI). Total $28,037,822 63 odical Literature. Coriect—Attest Nt.tury Public. State of New York. County of New York s-s : HKNKT L. PIKRSON.) 1. K. K. Wright, Cashier of the National Park It is therefore invaluable to every American WILIJAM It. LEE, ^Direct org. Bank, N. Y. Cii y, do solemnly swear that the above reader, as the only satisfactorily fresh and COM- SAMUEL SIIETHAR.) state. aent is true, to the best of mv knowledge and belief. LSianod] E. K. WRlGHT, Cashier. PLETE compilation of an indlspenftable current TiEPORT OF THE CONDITION OF THE Sworn to and subscribed before me this 8th day literature.—indispensable because it embraces the IVMAKINE NATIONAL itANK. at the City of May. 18H3. Geokge S. Hickok. productions of and in the State of New York, at the close ot busi- Correct—Attest Nr.tarv Public, N. Y. County. ness May 1, 1883 V. MUMFOUIJ MOORK. i RESOUUCES. FRANCIS H. LEGGETT. > Directors. THE ABLEST LIYING WRITERS I^ans and discounts 12,001,610 65 (iEO. II. POTTS. Overdrafts H 12 ) D all branches of Literature, Science, Politics and V. S. bonds to secure circulation 300.000 00 Art. Other stocks, bonds and mortgages.... 40,131 20 Due from other national banks 194,607 47 M>oxtthtvn gaulijers. '*ln it we find the best productions of the best Due from State banks and bankers .... 1,341 06 writers upon all subjects ready to our hand."— Bed estate, furniturn and fixtures 368,205 95 Current expenses and taxes paid 20 00 CITY Phila, Enquirer, Checks and ')ther cash ireraa 231,40j 53 THE BANK OF HOUSTON, "It is indispensable in every household where 3 ,501.2.33 41 Kxchunges for Clearing House CAPITAL, $500,000, any attempt Is made to keep up with the current Bills of other banks 32.329 00 l^'ract'l paper cur'cy, nickels & pennlen. 2.i^57 32 thought of the day."—Hart/ord Couranf. Specie 951»,«42 00 Houston, Texas. "As much In the forefront of eclectic publlca liesaUtendor notes 142.450 00 tions as at its start, forty years a,izo."~ Cincinnati Uedeniption fund with U, S. Treasur- We ^ive special attention to collections on all er t5 per cent of circulation) 13.500 00 accessible point.'*. Gazette. niRECTORS.—Benjamin A. Botts. Pres't; F. A.Rlcc, '* As much a necessity as ever."— 'J7te Advance Total #0.451 r43 70 C. C. Baldwin. W. B. BotU. Uob't Brewster. S. li. LIABILITIES. Mcllhenny, B. F. Weems. Chicago. Capital stock paid in $400.,000 00 B. F. WiilEMS, Cashier. BKNJ. A. BOTTS.Pres't. *' It affords the best, the ch03pest, and most con- Surplus fund 100.,000 0(» of abreast with the prog- Undivided profits 45.,195 SO venient means teepinff Nat'onal Bank n'^ies-outirtanding 270,,000 Mt Thos. P. Miller & Co., ress of thoujiht in all its phases."— A'ortfi. Ameri- Dlvldend.s unpaid 378 15 can, Phlladelphio. Individual deposits subject to check. . 3.938,.909 08 BANKERS. •* .Vominj Demand certificates of deposit 181 ,058 51 IVIOBILE, AliABAIUA. The great eclectic of the world."— Star Certified checks 921,.379 01 Wilminytm, N'. C. Cashier's checks outstanding 25, t)(:4 96 Special attention paid to collections, wU« tompt *' The best of magazines to subscribe to."—Jtfbnt Due to other national banks 472,.507 m remittances at current rates of exchange on . ay of Due to 8tate banks and bankers 90,,049 »i payment. Buy and sell State of Alabama and City renl Gazette. of Mobile Bonds. " LiTTEM.'s Living Age has now for m^ny years Total ?6,451.713 70 Correspondents.—Bank of the State of New York, held th'^ first place of ail our serial publications. New York ; Louisiana * • * gtnte of New York. County of New York, ss: National Bank. New Orleans ; "There Is nothing noteworthy in science, art I, .loHN 1). Kisif, Cashier of the above-named Hank of Liverpool. IJmltod. Liverpool. literature, biograpliy. philosonhy, or religion, that bank, do solemnly swear that the above statement cannot be found in it."—^he Churchman, AViy York. » true, to the best of my knowle^lwe and belief. E. E. BURRU83, Prest. A, K. WALKER, Cashier " It stands easily at the head of it.^ rlaes and de John U. fish. Cashier. serves its prosperity."— 7VieC'oJiorf(;M£io"a/iift. Bo8ton Subscribed and sworn to before mo this 5th day "The ablest essays and reviews of the day ate to of May. 1883. IIkuman E. Htheet, First National Bank, oe found here."— 'i'/i« Presbyterian, Philadfiphia. Correct—Attest Notarv Public, Kings Co. "It enables its readers to keep fully abreast of JA?. W. ElAVKLL. ) AVILMINGTON, N. C. the best thouk'ht and literature of civilization."— J0?<. W. YATES, } Directors. Pittsl'urg Christian Advocate. Collections miide on all parts United States KKKPINANI) WARD.) of the "There is no other way of procuring th3 sam** amount of excellent literature for anything like REPORT OF THE CONDITION OF THE MERCHANTS' NATIONAL BANK, th-i same orice. "—Boston Advertiser. CONTINENTAL NATIONAL BANK, New "No other periodical can compare with it in in Tork. at the close of business on the Ist day of ItlCHMOND, VIKGINIA. terestand value."— Boston Traveler. familiar with its Hay, 1883 CoIl3ctlon9 made on all Southern points on best *' No reader wiio makes himself RESOURCES. terms; prompt returns. contents can lack the means of a sound literary Loans and discounts $5,097,88: 51 JOHN P. President. culture."—^Vit) York lYibune. BRANCH, " • * * Orordr.. f ts 76 58 OHN F. Glesx, Cash. Fred. K. Scott, Vlce-Pres't. No other publication can supply its place." V. 8. bonds to secure circulation 500.000 00 "It contains not onlv the best soliil literature but li.S bonds on hand 10,000 00 THOMAS CO., also the be^'t serial stories of the day."—JSpfiCoprt stocks, . BRAIKCH Other bonds and mortgages. . 224,501 24 & Register, Philadeiphla. Due from other national banks 152,140 09 BANKBllS AND COMMISSION MERCHANTS. Published weeklt at $S 00 per year, free f from State banks (i:,657 Due and bankers 34 Age and any Banking house 385.0(ti) 00 RICIlinOND, VIUGINIA. postage; or for flO 50 THE Living Other real estate 200,000 00 Virginia Bonds funded under the Funding Act one of the American H Monthlies (or JIarper't Current expenses and laxes paid 02,462 99 passed by the lust I^egislature, fo : Vii per cent commis- Weekly or Bazar) ytiW be gent for a year, postpaid; Premiums paid 40,505 43 sion. New North Carolina 6 per cent bonds, secure J and the Si* Nicholas, Caiecks and other cash items 21.933 61 by Hen on the State's stock in the North Carol.na or for 19 50 The LivrNO Age Exchanges for Clearing House 2,719.818 08 Ituilroad, for sale. or LipplncotVs Monthly. Address, Bills of other banks 11.610 00 Fractional currency, '4 includ'g nickels. 2 22 A M. C. CouKTNBY, Pres. Ernest U. PRiNOLK.Cast LITTEIili & ro., Bffston. Specie, including gold Treasury ctfs... 3,429,271 10 Legal-tender notes 167.800 00 BAIVK OF CIIAKLESTOX, Bedemption fund with U.S. Treasur- er (5 per cent of circulation) 2^,500 00 Naiio.val Banking AsaociATioN, L'IIAKL.E!STON, S. C. %usnvmict. Total lit.103,374 77 LIABILITIES. SPBCTAIj ATTENTION r.TVEN TO COLLECTIONS. eapttal stock paid In 11,000.000 00 Surplus fund 200 .fHK) 00 Dndivi U'd profits 135.757 29 ^xxMicutians, National l>ank notes outstanding 450,000 00 LIFE Dividends unpaid 10,742 MUTUAL 00 Deposits-Individual ^S,137.034 10 National banks 2,873.092 04 FOR SALE. State banks and bankers 1.159,244 11 INSURANCE COMPANY Certificates of deposit.- 1,701 29-7.171.671 f,4 Acceotanies 2.131,054 52 Chronicle Volumes OF NEW YORK. Cashier's checks .. .- 1,149 42 SINC£ 1870. F. S. ^VIBfSTON, President. Total $11,103,314 77 Any offlce possessing these volumes since 1870 State of New York, County of New York, an: has ISSUES EVEUT DESCRIPTION OF I. Fred'k Taylor. Cashier of the above-named at hand for convenient reference a complete and re- bank, do solemnly swear that the above statement liable financial history of the period. Parties having Is true, to the best of mv knowledge LIFEdc ENDOWMENT POLICIES and belief. the FRKD'K TAYLOR. Cashier. more recent volumes can obtain from the pub. Subscribed and sworn to before me this 5tri day Ushers most of the earlier volumes, or complete sets Rates Lower than oOier Companies, •f May, 1883. EnwiN K. ( orey. can be furnished. Correct— Attest: Notary Public. New York Co, ORGANIZED APRIL 14TH, 1842. WILLIAM 1 TUHMIDL', WILIilAM B. D/VNA ic CO., WILLIAM I). MORGAN. > Directors. EDMUND D. RANDOLPH. ) 78 & 81 WIliUAM STREET. ASSETS. $95,000 000. , :

•« Mat 19. 8 ) THE (CHRONICLE.

JUSXlViUUC. irtcamsTilpB. (Cotton. ONIiT OFFICE OF THE Henry Hentz & Co., Direct Line to France. COMMISSION MEBCHANTg, ATLANTIC 8 Booth Wllllua St., New Tork. GENERAL TRANSATLANTIC CO. BXBCCTB ORUEKH Full rUTURI DKLITIBT Between NEW YORK and HAVHE, COTTON From Pier (new) 48 North HlTcr, foot of Morton Bt. at the NBW YORK, LIVERPOOL AlTD NBW 0»- Mutual Insurance Co. Tmrolers br tills line STOId both tranilt br BiiKlUb LBAN8 00TT0N RXCUANUIM. AlworMnfOr Railway Hnd the discomforts of eroeslDff the Channel In a nniiill b(«t. COFFEE CANADA. Kningeul W«d., Maj 16. 1 P.M. NEW YORK, January 28, 1883. NOKMANDIBCnew). 8erTan....Wed.,UarS8.9P.M. at tba NBW YORK COITB« HZOBANOB. KUANCB. Perler d'llauterlTe. . Wed.. Mar 80, Noon. couospoirDnm The Trustees, In ounformlty to the Charter of Pkici of Pabsaob— (Inoladbwwlne): Ton«Tr»- steer- Mean».Jaina

THE CHRONICLE. |May 12. 1888

®0tt0tt. ©octtuw.

Walter T. Hatch. Henry t. Uoum. Woodward & Stillman, Nath'l W. T. Hatch. Arthur If. Batch. MERCHAJfTS, INMAN,SWANN&Co W. T. Hatch & Sous, Post Bnllding, 16 & i 8 Exchange Place COTTON MERCHANTS, BANKERS, NEW YORK. 14 NASSAU STREET, NEW YORK. -nil COTxON EXCHANGE BUILDING BRANCH OFFICES 5.122 '^• KOAMS MAOB ON ACCEPTABLE SECURITIES. {«»o Chape!^J'"",''J!|*''S'"'8t., New ¥jHaTea Personal Advances attention given at the BXCH ANOf^" Ocuh Made on Consignments. tbe purchase and sale of STOCKS and BO.S'DS for New V orJt. cash or on marein, SmxAi. Attknt on to obdebs fob Contbacts DEPOSITS RECBIVBD-subjeotto check at sight —with interest upon balances. ' FOB F0TUB i DBiaVBBY OF COTTON. LOANS MADE Special attention paid to INVESTMENTS and ON accounts of COUNTRY BANKERS. COTTON, ALL GRADES, SUITABLE TO WANTS SOUTHERN yiECURITIt !«. OF 8PINNBB8, Fielding & Gwynn, OFFEBED ON TERM" TO SUIT.

BuiBT H. Wake. GILLIAT SCHROEDBR. COTTON FACTORS Ware & Schroeder, GEO. STABER, AND COTTON COMMISSION MERCHANTS, ;OMMISSION MERCHANTS, ALBERT KROHN, SpeolaL POST BUILDIIVG, 16 dc IH Exchangv Place, 16 & 18 Exchange Place, New York. 64 STONE STREET, NEW YORK. Post Building, new YORK.

Special attention paid to the execution of orders tor the purchase or sale of contracts for future de- COTTOrV Urery of cotton. Liberal advances made on con- jlgmnents. strictly Brokerage and Commission. Odsxatub C Hopkins. Ldcius Hopkins Shith. HOME CHABLBB D. Mrr.T.TBK- Hopkins, Dwight & Co., Insurance Company E. S. C O T T O W Jemison & Co., OF NEW YORK, COMMISSION MERCHANT.S, BANKERS OFFICE, 119 BROADWAY. AND CASH CAPITAL fS.OOO.OOO 00 Reserve for Unearned Premiums 2,116.833 00 No. 134 PEARI. STBKBT, COTTON COMMISSION Reserve for MERCHANTS Unpaid Losses and Claims . 317.S96 01 NetSurplus l,T74,oei (M NEW YORK. No. 10 Old SUp, New York. Cask Assets, January 1, 1883 {7,208,488 07 Obdibs fob FurnBK Contbactts Bxjeouctd in New Tobk and Litbbpooi- CHA8. J. ITIARTIN, President. Jemison, Qroce & Co., Galveston, TexM J. H. frASHBURN, Secretary. Sawyer, Wallace & Co., Wu.MoBR. H. Hanxhann. COMMISSION MERCHANTS, w. Clemens FI5CHEB yETNA No. 47 BBOADIFAT. Liberal adrances made on cotton oonslsnxnents. Mohr, Hanemann & Co., Insurance Company Bpeolal attention given to orders for contracts for fntnre deliveir of cotton In New York and LlTerpooL OF HARTFORD. 123 PEARI. ST., 186 GRAVIERST., AaseM January 1, 1883 $0,054,610 58 Liabilities for unpaid P. Billups & Co., New York. New Orleans, Lm. losses J. and re-insurance fund 1,961,428 46 Capital 4,000,000 00 COTTON Special Attention Given to the Execdtion NETSURPLUS COMMISSION MERCHANTS OF OXtDEBS FOB FUTURE CONTRACTS. $3,193,182 13 Wo. 2 Courtlandt St., New York. Nos. 16 & 18 Exchanse Place, JAS. A. AI.EXANDER, Agent. POST BUILDING, NEW VUKli H. Tileston & Co., COTTON, STOCKS, BONDS, dec.. Special attention glTen to the Purchase and Sale 86 WILLIAM STREET, NEW YORK. of Contracts for future dellTery of Cotton. Members of Stock, Cotton and Produce Exchanges North British Orders In " Futures" executed at N. Y. Cotton llixcn B. F. BABGOCK&CO. & Mercantile Ins. Co. COMMISSION MERCHANTS. Edward H. Coates& Co. Oi 17 W^ater Street, lilVESPOOL, LOIVDOIV AND EDINBVROH. 8UCCES80B8 TO Becelve consignments of Cotton and other Produce, and execute orders at the Exchanges in Liverpool. CLAGUORN HERRING A CO., United States Board of Management, Represented In New York at the office of BABCOCK BBOTHBHS * CO.. COTTON COMMISSION MERCHANT*), NS!W YORK: 60 Wall Street. no. h6 chestnut street, Solon Humphkeys. Cli'r'n, (E. D. Morgan & Co.) HYMAN8 & DANCY, David Dows, Esq. (David Dows & C!o.) phii.adei.phia. E. P. Fabbki, Esq. Drexel, Morgan & C!o.) Norfolk, va. Hon. P. B. Chittenden Ezra White, Esq. Dancy, Hyman & Co., Waldron & Tainter, J J. ASTOR, Esq. COTTON COMMISSION MERCHANTS, Cotton and Petroleum Merchants, CHAS. E. WHITE, SAM. P. BLAGDE> 9T Pearl St., New York. 97 pearl and 60 stone streets, new vobk MANAOERS, '• Future " Obdbbs Promptly Executed. Special attention given to the piuxihase and sale of Office, 54 W^llllam St., New Vork. contracts for future delivery. John C. Graham & Co., ire R o pe STEEL AND CHARCOAi to ommerda/ (Snoceuors R. M. WATERS & CO.), G IRON of superior qtiallty COTTON COMMISSION MERCHANTS suitable for MINING AND HOISTING PURPOSES, No. 18 IVUllam Street, New York. Inclined Planes, Transmis- BBLMA, ALA., PH(£NIX BUIU>INQ, sion of Power, &c. Also, (union Ins. C o, MONTGOUBRY, ALA., MOBBIS BANK BUU.DI.V iJalvanlaed Charcoal and Bi; Ifor Ships* Rigging, LONDON), Orders tor Future Conti