40
xtmtk HUNT'S MERCHANTS* MAGAZINE, REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OP THE UNITED STATEa VOL. 3a NEW YORK, MAY 3, 1884. NO. 984. ^luawciat. AMERICAlSr Bank Note Company, 148 BKOADWAT, NEW TORK. llu*lue«ii Fouudci] ITUfi. beorpsntod silo; Laws of State of Sev leti, 1858. HcDrcanlzcd 1S;». EsnKAVUKS AN1> PpJNTEKS OP BONDS, POSTAC£ & REVENUE STAMPS, LEGAL TENDER AND NATIONAL BANK NOTES, of the UNITED STATES; and for Foreign Governments. ENGRAVING AND PRINTIXO, BANK NOTIOS, SlIAKK tKliTIKICATES. BONDS FOIt GOVKKN.UKNTS AND COKrOKATI<)NS, DKAFTIS, CHECKS, BILLS OF KXCHANGE, STAMPS, &c.. In the finest and most artistic style I'KOM STKKL PLATES, Wtth iptsUl tiiezaaxii to pierent CODlTT&aVITQTO. Spadal piperg mmu&etural eidssiTely tit sie of the Sompaay. SAFETY COLORS. SAFETY PAPERS. Worn Executed in Fireproof lluildlugfl. UTNCERAPHIG AND TYPt PRINTING. KAtLtVAV Ill-KKTS OK IMI'ROVr.D STYLES. Hhow CuMl,^ LabeU, C'Hlendttrs. BI1A2IX BOOKS OP EVEKT DESCBIPTION. ALBERT G. GOODALt, President. VICE-PRKSIDENTS : J. MACDONOUGH, A. D. SHEPARD, W. M. SMILUE, TOURO ROBERTSON. G. H. STAYNER, Treas. THEO. H. FREELAND, Secty. Aba. p. Pottsk, Pres'u J. j. uiiuy, casmer. Maverick National Bank, BOSTON. rAPITAI., - . ..- . . 9400,000 •VRVLCS, - 400,000 Aeooant« of Banks and Bankers aoUoited. CoUectloDS made cpon favorable terms. Qoremment Bonds booxht and sold. R. A. Lancaster & Co., BANKEKS ASD BROKEHfl, CMITED BANK BUILDING, BKOADWAT AND WALL STREKT, NEW YORK DIALKR8 m Railroad & Miscellaucous S«ciiritieH. Smithem Securitie,* a SpeeieUty. Simons & Chew, STOCK BROKERS, S Ezchau|:eConrt^k 52 Broad«va]r,N.1 Stocks, Bonds and U. S. GoTemiueot Beoorltias BoQxbt and doM on Commission, J.*H. I>. SniONB, Bktiblt Chbw. Member N. Y. (ituek Bxctaaniie. Uember N. Y. Produce ExohaDxe. TINKER &. WESTON, BANKERS AND BROK£K8, No. 7 BXCUANOB CVCUT^ New York. RnrBT C. TnrKXB. Member N. V. Stock Szoh. BBNS8KLAEB WEBTUN. l»TOCK BROIiEK. Lansdale Boardman, SKW VOKK, 80 BROADWAY, A 5 NKW ST Opposite Stock Kxoltauite. TKUV, If. v., U A IS UALL UUII.DINU. Private Wire to Troj. BMorUles carried on margin Interest iiald on balance* ^iimwcial. DIAMONDS. Alfred H. Smith & Co., mPORTERS, 182 Broadway, Cor. John Street. members N. T. and PtaUadelpMa Stock Bxoiianges. L. H. Taylor & Co., BANKERS. 8. vr. Cor. Third and CHientnut St*., PHI L ADEI.PHI A. Deposits received ticbject to cbeck at slAht. and Interest allowed on dallv balances. St4>cks, Bunds, dec. buuKbt and sold on commission In Pfailadeli»lila and other cities Particular attention Klvon to Information reflarding Investment Securities. Private wire to New York. Baltimore and otber places. R. J. Kimball & Co., BANKERS AND BROKERS, No. 18 Wall Street, New York. Seventeen Years' Mcmbenhlp in the New York Stock Bzcbanse. Robert J. Kimbau. alfbbd B. Lounsbeby. John J. Cisco & Son, BANKERS, No. 69 Wall Street, New York. Deposits received i<ubject to cbeck at stitht and Interest allowed on dally balaAoea. Government Bonds. Stocks and all loveetment Se- curities boaj^bt and sold on commission. Wm.M. KABi„Memb. N. Y. St'ck Ex. O. B. Sxatnsb. A. U. Dattom. Special. A.U.Mui{K. Earl & Dayton, HANKBR8 AND BROKERS, M TO 69 DREXBL BDILDINO, Nenr York. STOCKS AND BONDS BOUGHT AND SOLD HTmPTI.Y ON COMMISSION. COLLJ.T17BNSR, JAS.T0K!»B. N E. LtNSLBT. Memb. N.Y. Stock Exch. Special. C. J. Turner & Co., BANKERS AND BROKERS, 16 & 18 Broad Street, fiew York. STOCKS, BONDS, uRAIN AND PROVISIONS bought and sold in New York and Chicago marIc»t» John Ponoib. AueosTos Nathak. Pondir & Co., stocks. Bonds & Investment Secnritiex 20 EXCHANGE PLACE, N. Y., Orders eTecated on the London and BiiropeA'> luarkev. A.B.BATIMAN. Memb.N.Y Stock Excb. I)oroi,ASaGKBK.\, Mcnib.N. V.Cotton Excb. CiREEIV A BAVEinAK, 86 WALL STKKKT, NKW YORK. Mtoeks, Cottou and Porelcn Exchans* Private Wire to Waehlnjiton. BATIUIAN A CO, WaaiUNOTUM, D. C. ITlttattcial. Walter T. Batch. Nath'l W. I. Bateh. Uenry P. BaleA, AtHtur M. BaUM. W. T. Hatch & Sons, BANKERS, 14 NASSAU STREET, NEW YORK. Personal attention nlven at the BXCn ANGB9 to the purchase and sale of STOCKS and BONDS for cash or on mareln. DEPOSITS RKCEITBD—snbjeet to check at sU(kt —with Interest up^tn balanoes. Special attention paid to IXVRSTUENTS and accounts of COUNTRY BANKKR4. Taintor & Holt, BANKERS, Na. 10 WALL STREET. MEW YORK. TRANSACT a GENERAL BANKING bnalnea*. DEPOSITS received and INTEREST allowed on balances. Buj and sell QOTBRNMENT, MUNICIPAL and ttAILROAD Bond*. Private telegraph wires to Providence and Bostoa, a. B. TAINTOR, OKO. H. HOLT ' 8. P. L-HTJILIBR. Geo. K. Sistare's Sons, 16 dc 18 Broad Street, Now York. DEALERS IN FIRST-CLASS INVESTafENTS. Buy and Sell on CommlBsLon^for CMh or od mar^ tfln. all seourltlea dealt in at the New York Stoek Kxotaanjre. Interest allowed on daily balanoea. All depoflits subject to cbeck at sUcht. Partloalar attention to ordera by mail or ttiexrapb. Oilman, Son & Co., BANKERS, No. 62 CEDAB STREET. In addition to a General Banking Bnslnew. bnjr and Sell Government Bonds and Inveetment Seoul* ties. Stewart Brown's Sons,. No. 38 PINE STREET, NBW TORK. Stocks and Bonds bought and sold on OommtsHon. W. F. Stafford, Member Now Y'ork Sroi-k Kxohan>re. B A .\ K r It A \ l> BROKER, inilJa Uulldiutf, New Vork. All secnrtttosdeHit in Hi the Nevr York Stock Bx- chiinjce botucbt and sold on cooimlulnn for cash or upon marKin. Edwin Corning, 38 WALL STREET, STOCK AAiD BOND BROKER. Member New Tork Btook Bxduum. R. T. Wilson & Co., liANKERS AND COMMISSION MERCHANTI a.Kzefaanc* Oourt, New Vork.

May 3, 1884, Vol. 38, No. 984 - FRASER · ft THECHRONICLE. fvoL.xxxvin. WOVldQU%XCh^UQZ. Drexel,Morgan&Co., WAIiliSTREET, CORNEROFBROAD,NEWYORK. Drexel&Co., (Drexel.Harjes&Co NoMSouthThirdStreet

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Page 1: May 3, 1884, Vol. 38, No. 984 - FRASER · ft THECHRONICLE. fvoL.xxxvin. WOVldQU%XCh^UQZ. Drexel,Morgan&Co., WAIiliSTREET, CORNEROFBROAD,NEWYORK. Drexel&Co., (Drexel.Harjes&Co NoMSouthThirdStreet

xtmtkHUNT'S MERCHANTS* MAGAZINE,

REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OP THE UNITED STATEa

VOL. 3a NEW YORK, MAY 3, 1884. NO. 984.

^luawciat.

AMERICAlSrBank Note Company,

148 BKOADWAT, NEW TORK.llu*lue«ii Fouudci] ITUfi.

beorpsntod silo; Laws of State of Sev leti, 1858.

HcDrcanlzcd 1S;».

EsnKAVUKS AN1> PpJNTEKS OP

BONDS, POSTAC£ & REVENUE STAMPS,LEGAL TENDER AND NATIONAL BANKNOTES, of the UNITED STATES; and forForeign Governments.

ENGRAVING AND PRINTIXO,BANK NOTIOS, SlIAKK tKliTIKICATES.BONDS FOIt GOVKKN.UKNTS ANDCOKrOKATI<)NS, DKAFTIS, CHECKS,BILLS OF KXCHANGE, STAMPS, &c..In the finest and most artistic style

I'KOM STKKL PLATES,Wtth iptsUl tiiezaaxii to pierent CODlTT&aVITQTO.

Spadal piperg mmu&etural eidssiTely tit sie of the

Sompaay.

SAFETY COLORS. SAFETY PAPERS.Worn Executed in Fireproof lluildlugfl.

UTNCERAPHIG AND TYPt PRINTING.

KAtLtVAV Ill-KKTS OK IMI'ROVr.D STYLES.Hhow CuMl,^ LabeU, C'Hlendttrs.

BI1A2IX BOOKS OP EVEKT DESCBIPTION.ALBERT G. GOODALt, President.

VICE-PRKSIDENTS :

J. MACDONOUGH, A. D. SHEPARD,W. M. SMILUE, TOURO ROBERTSON.

G. H. STAYNER, Treas.THEO. H. FREELAND, Secty.

Aba. p. Pottsk, Pres'u J. j. uiiuy, casmer.

Maverick National Bank,BOSTON.

rAPITAI., - . . . - . . 9400,000•VRVLCS, • - 400,000Aeooant« of Banks and Bankers aoUoited.

CoUectloDS made cpon favorable terms.

Qoremment Bonds booxht and sold.

R. A. Lancaster & Co.,BANKEKS ASD BROKEHfl,

CMITED BANK BUILDING,BKOADWAT AND WALL STREKT, NEW YORK

DIALKR8 mRailroad & Miscellaucous S«ciiritieH.

Smithem Securitie,* a SpeeieUty.

Simons & Chew,STOCK BROKERS,

S Ezchau|:eConrt^k 52 Broad«va]r,N.1Stocks, Bonds and U. S. GoTemiueot Beoorltias

BoQxbt and doM on Commission,J.*H. I>. SniONB, Bktiblt Chbw.

Member N. Y. (ituek Bxctaaniie.Uember N. Y. Produce ExohaDxe.

TINKER &. WESTON,BANKERS AND BROK£K8,

No. 7 BXCUANOB CVCUT^New York.

RnrBT C. TnrKXB. Member N. V. Stock Szoh.BBNS8KLAEB WEBTUN.

l»TOCK BROIiEK.Lansdale Boardman,

SKW VOKK, 80 BROADWAY, A 5 NKW STOpposite Stock Kxoltauite.

TKUV, If. v., U A IS UALL UUII.DINU.Private Wire to Troj.

BMorUles carriedon margin Interest iiald on balance*

^iimwcial.

DIAMONDS.Alfred H. Smith & Co.,

mPORTERS,182 Broadway, Cor. John Street.

members N. T. and PtaUadelpMa Stock Bxoiianges.

L. H. Taylor & Co.,BANKERS.

8. vr. Cor. Third and CHientnut St*.,

PHI LADEI.PHIA.Deposits received ticbject to cbeck at slAht. and

Interest allowed on dallv balances.St4>cks, Bunds, dec. buuKbt and sold on commission In

Pfailadeli»lila and other citiesParticular attention Klvon to Information reflarding

Investment Securities.Privatewire to New York. Baltimoreand otber places.

R.J.

Kimball & Co.,BANKERS AND BROKERS,

No. 18 Wall Street, New York.Seventeen Years' Mcmbenhlp in the New York

Stock Bzcbanse.

Robert J. Kimbau. alfbbd B. Lounsbeby.

John J.Cisco & Son,

BANKERS,No. 69 Wall Street, New York.

Deposits received i<ubject to cbeck at stitht andInterest allowed on dally balaAoea.

Government Bonds. Stocks and all loveetment Se-curities boaj^bt and sold on commission.

Wm.M. KABi„Memb. N. Y. St'ck Ex. O. B. Sxatnsb.A. U. Dattom. Special.A.U.Mui{K.

Earl & Dayton,HANKBR8 AND BROKERS,

M TO 69 DREXBL BDILDINO,Nenr York.

STOCKS AND BONDS BOUGHT AND SOLDHTmPTI.Y ON COMMISSION.

COLLJ.T17BNSR, JAS.T0K!»B. N E. LtNSLBT.Memb. N.Y. Stock Exch. Special.

C.J.

Turner & Co.,BANKERS AND BROKERS,

16 & 18 Broad Street, fiew York.

STOCKS, BONDS, uRAIN AND PROVISIONSbought and sold in New York and Chicago marIc»t»

John Ponoib. AueosTos Nathak.

Pondir & Co.,stocks. Bonds & Investment Secnritiex

20 EXCHANGE PLACE, N. Y.,

Orders eTecated on the London and BiiropeA'>luarkev.

A.B.BATIMAN.Memb.N.Y Stock Excb.

I)oroi,ASaGKBK.\,Mcnib.N. V.Cotton Excb.

CiREEIV A BAVEinAK,86 WALL STKKKT, NKW YORK.

Mtoeks, Cottou and Porelcn Exchans*Private Wire to Waehlnjiton.

BATIUIAN A CO, WaaiUNOTUM, D. C.

ITlttattcial.

Walter T. Batch.Nath'l W. I. Bateh.

Uenry P. BaleA,AtHtur M. BaUM.

W. T. Hatch & Sons,BANKERS,

14 NASSAU STREET, NEW YORK.

Personal attention nlven at the BXCnANGB9 tothe purchase and sale of STOCKS and BONDS forcash or on mareln.DEPOSITS RKCEITBD—snbjeet to check at sU(kt

—with Interest up^tn balanoes.Special attention paid to IXVRSTUENTS and

accounts of COUNTRY BANKKR4.

Taintor & Holt,BANKERS,

Na. 10 WALL STREET. MEW YORK.TRANSACT a GENERAL BANKING bnalnea*.

DEPOSITS received and INTEREST allowed onbalances.

Buj and sell QOTBRNMENT, MUNICIPAL andttAILROAD Bond*.Private telegraph wires to Providence and Bostoa,

a. B. TAINTOR, OKO. H. HOLT' 8. P. L-HTJILIBR.

Geo. K. Sistare's Sons,16 dc 18 Broad Street, Now York.

DEALERS IN

FIRST-CLASS INVESTafENTS.Buy and Sell on CommlBsLon^for CMh or od mar^

tfln. all seourltlea dealt in at the New York StoekKxotaanjre.

Interest allowed on daily balanoea.

All depoflits subject to cbeck at sUcht.

Partloalar attention to ordera by mail or ttiexrapb.

Oilman, Son & Co.,BANKERS,

No. 62 CEDAB STREET.In addition to a General Banking Bnslnew. bnjr

and Sell Government Bonds and Inveetment Seoul*ties.

Stewart Brown's Sons,.No. 38 PINE STREET,

NBW TORK.

Stocks and Bonds bought and sold on OommtsHon.

W. F. Stafford,Member Now Y'ork Sroi-k Kxohan>re.

B A .\ K r It A \ l> BROKER,inilJa Uulldiutf, New Vork.

All secnrtttosdeHit in Hi the Nevr York Stock Bx-chiinjce botucbt and sold on cooimlulnn for cash orupon marKin.

Edwin Corning,38 WALL STREET,

STOCK AAiD BOND BROKER.Member New Tork Btook Bxduum.

R. T. Wilson & Co.,liANKERS AND COMMISSION MERCHANTI

a.Kzefaanc* Oourt, New Vork.

Page 2: May 3, 1884, Vol. 38, No. 984 - FRASER · ft THECHRONICLE. fvoL.xxxvin. WOVldQU%XCh^UQZ. Drexel,Morgan&Co., WAIiliSTREET, CORNEROFBROAD,NEWYORK. Drexel&Co., (Drexel.Harjes&Co NoMSouthThirdStreet

^ft THE CHRONICLE. fvoL. xxxvin.

WOVldQU %XCh^UQZ.

Drexel, Morgan & Co.,WAIili STREET,

CORNER OF BROAD, NEW YORK.

Drexel & Co., (Drexel.Harjes & Co

NoM South Third Street, 31 Boulevard Ilaussmann,

PHILAI>EI.PmAl PARIS.

BOMESTIG AND FOREIGN BANKERS.Deposits received subject to Draft. Securities

feouROt and sold on commission. Interest allowed onDeposits. Foreign Exchange. Commercial Credits.

Oable Transfers. Circular Letters for Travelers,Tallable In all parts of the world.

ATTORNKTS AND AGENTS OF

Iflessrti. 3. S. mOROAN Sc CO.,

No. 22 OLD BROAD STREET, LONDON.

Brown Brothers & Co.,No. 59 WAI.I4 STREET, N. IT.,

BUT AND SELI,

BILLI^ OF EXCHANCEON GRKAT BRITAIN AND IRKLAND, FRANCEGKRMANY, BBLGICM. SWITZERLAND, NOR-WAY, DENMARK, SWEDEN AND HOLLAND.

Usne Commercial & Trayelers' CreditsIN STEBLINO.

AVAILABLE IN ANY PART OV THE WORLD.And in Francs, In Martinique and Guadaloupe.

niAKE TEL.ECiRAPHIC TRANSFERSOF MONEY

BETWEEN THIS AND OTHER OOUNTBIES.(HAKE COLLECTIONS OF DRAFTS drawn

abroad on all points in the Qnited States andCanada, and of Drafts drawn in theUnited States on Foreign Countries.

J. & J.Stuart & Co.,

33 NASSAC STREET.

BILLS OF EXCHANGE ONSniTH, PAYNE & SOTITH'S,

BANKERS, LONDON;MANCHESTER &: COUNTY BANK,

••LIMITED!"

MANCHESTER, PAYABLE IN LONDON ;

ULSTER BANKING COMPANY,BELFAST. IRELAND;

AND ON THEVATIONAL BANK OF SCOTLAND,

EDINBURGH, AND BRANCHES;ALSO.

C * BI.K TRANSFERS AND LETTERS OF CREDIT

NEW YORK : LONDON

:

PARIS

:

SislBfQCTN™Y.T«'»^ ^- Da YIB. W. G. H. HEATH.

Wiiliam Heath & Co.,BAIVKEK$» AXD BROKERS,

No. 80 Broadway, Ncnr York..

Members of New York Stock Exchange.

FOREIGN E.XCHANGE. CABLE TRANSFERS.

William Heath 8c Co.,Kl Xbrofirmorton Ave., l^ondon, Kn««

It' aw Bills of Kxehanwe and trnnsact a generalflnHncial comniissiun buHiiiess. i'articular attentioniriven to Anieriuan Securities.

William Heath & Co.,N^. 1» Kae Kcrlbe, Paris.

Orders solicited for London ind American marketsfor Investment or on margin. Hallway, State and> Ity Loans neRotiated.

IS^ovidQU gaEctoanflje.

John Munroe & Co.,No. 3-i NasKiiii Street, Newr York,

No. 4 Post Office Square, Boatou.

CHEQUKS AND CABLE TRANSFERS ON

MUNROE & CO., PARIS.•iTKRLINO CHEQUES AND BILLS AT 8LXTV

DAYS' SIGHT ON

«I.BXA.NDERS ic CO., LONDON.

CiRCtlLAR Notes AND CllEDITS POK Tkavelers.

Schulz 6c Ruckgaber,BANKERS,

X9 WILLIAM STREET, NEW YORKrORRKSPOVDBNTH Olf THR

International Ifank of L^indon(Liinited> Loudon.

neKxrn. Jobn Hrrenbers, (ioKsIer Oc Co.Hainbnric.

MeaarM. marruard, Kranaa tc Co., Pari.«Coninicrciiil and Travelers' Credits.

Bills of Excbaniie. Cable Transfers.

August Belmont & Co.,BANKERS,

Nos. 19 and 21 NaHHau Street,

Issue Travelers' Credits, available in all parts of the

world, throuah the

iriEISSRS. I>£ KOTHSCHll^D,and their Gc'rrespondents.

Also Commercial Credits and Traasfers of Moneyon California, Europe and Havana.

John PatoQ & Co.,SUCCESSORS TO

JESUP, PATON & CO.,

52 WilUam Street, New York.Accounts and Agency of Banks, Corporations,

firms and individuals received upon favorable terms.Dividends and interest collected and remitted.Act as agents for corporations in payiiu rn upons

and dividends; also as transfer a*(ents.Bonds, stocks and securities bought and sold on

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

and sold.DRAW OK

THK UNION BANK OF LONDON:BRITISH LINEN CO. BANK, LONDON AND

SCOTLAND.

J. Kknthcpt Tot>.H. O. NORTHCOTB.

ALKXAN*i>sR Baking,Member A. V. Stock Kxch.

J.Kennedy Tod & Co.,

No. 63 WILLIAM 8TKEET,BAN K.ERS.

Act as AKents for Banks. Bankers and RailroadCompanies.issue commerciat credits, also forelKn and domestic

travelers' letters of credit in pounds sterlinv & dolUrs.

Offer luTeotineiit SecnrltieM.Bny and sell bonds, stocks and securities in alt Am-

erican, Canadian, British and Dutch markets on com-mission. <'oileot dividends. Cf>upoD8 and forelKo andInland Drafts.

Sell Bills uf Exchanize onMELVILL.K, EVANS Jt CO.,C. J. IIAMBKO •& !'<ON,H "YENS & (SON, AMI^TERDAMHOTTINGUER & CO.. PAKI!>.

I-ON»ON.

Kidder, Peabody 6c Co.,BOSTON, MASS..

Cor. Wall and Nas^xaa Sts., New York.

F4»REION B«MiKK».

'lABLE THAJ*8FER8, BILL8 OF EIXCHANGE

<X>HHKKCIAi. ANI> TSA7BU£BI|' QRKDITtl.

OOKRE8roNDt!IfT8 :

HAKINn BROTH KKM dc CO.. LoBdoii.

fEKIER FREKEn dc CO.. Paris.

tlKNItP.I.H.'OHN * C«>.. Berlin.

KOVKTZE BROTHERS,BANKERS,

r20 Broadway, Equltalile Builfliug, New York.

LETTERS OF CREDIT ANDCIRCCL.AR NOTES

Issued for ttie use of travelers in ail parts of theworld. Bills drawn on the Union Bank of London.I pieifraphlc transfers made to London and to THrimisplanes in the United States. Deposits ren^ived sub-ject to check at slKht. nnU interest allowed on hairances. (iovernruent and other bonds and Investmentsecurities bouKht and sold on commission.

Chas. Unger & Co.,BANKGHS AND BKOKEKS,

Members of the New York Stock Exchange,DEALBKK IN FOREIGN KXCHANGK, GOVERNMENT

ANlJ OTHER INVE8TMKNT 8oNI>H.54 IVall St. and 62 Urecue M., N. If.Buy and sell on commission for Investment or on

margin, all securities dealt in at the New York 8tocl«Kxcnange.

J. li. UUAUBY *c B. K. WALKEU,JOINT AGENTS

Canadian Bank of Commerce,16 EXCHANGE PLACE,

UUY AND 8KLL STERLING MXCHANOB. CABLKTRANSKjtfRS. KTC.

I98UB COMMKRCIAL CRKD1T8, AVAILABLE'M \M PAKT-a OK 'I'ilH: WOHT.n

J.& W.Seligman&Co.,

BANKERS,No. 23 RROAD STREET,

Nenr York.In«ne Letters of Credit for Trarelers

On SKLIGMAN BROTHERS, London,:SELIGiHAN FRKRES & CIE.. Paris,SKLIGMAN & STBTTUKIMKR, FrankfurtAIPBKKG GOLDBERG, Amsterdam.ALTJIAN & STETTUEIMKR, Berlin.'

P»Table In any part of Europe, Asia, Africa, Anstnula and America.Draw Bills of Ezchanxe and make TeleK»pta<o

Tr»n«fers of Money on Burope and California.

J. W. Wilson & Co.,2'r & 29 BEAVER ST.,

NEW YORK.

Bills of Exchange and Ijetter. ofCredit on Ulexlco.

^mihcvs aiitt Svoliers.

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

No. 24 Pine Street, View York.

Transact a General Banking: BusinessStocksand Bonds boufjht and »o]d on Commission.

Orders received in Mining Stocks, and tn UnllKt«dSecurities. Oollectionsmade and Loans NeKOtiated.

Dividends and Interest Collected.Deuonit.s received subject to Draft.

Interest Allowed. Investment Securities a SpecialtyWe issue a Financial Report Weekly.

Branch Office, 320 Broadway.Connected by Private Wire.

Tos. C. Walcott, ( Members of the N, T. StockFrank F. DiCKiNaoN. t and Mintuir Exchanses.

I. F. Mead & Co.,STOCK BROKERS,

80 BROADWAY, NEW YORK.Branch Office with Private Wire at 28 West Twenty-

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

maTKln, all securities d^alt in at the New Yorlt StockBxcnanKe.B. K. LKAR. I. F. MRAD, T. H. ('DRTW

Member N. Y. Stock Bxoh

Wood, Huestis & Co.,31 PINE 8T., NEW YORK,

BANKERS AND BROKERS,8U0CK88OK8 TO

WOOU & I>AYIS.Hlxecute orders in all securities listed at the NewVork Stock Exchange. For Sale,iriK8T-<:LA8S Railroad Fikst Mortgage BuNDg.GEORGE C. WOOD. C H. HUESTIS L. M. SWAN

EIiHAM Dewing. Clahk Dewing. F. T. Bontecou.(Member of New York Stock Exchange.)

H. Dewing & Son,BAIVKERS A]\ID BROKERS,

No. 18 Wall Street, New York.Stocks and Bonds Bought and Sold on Commission.Accounts received and Interest allowed on bal-

lances. which may be checked tor at 6l«bt.

James T. Bates & Co.,(BSTABLISHKD 1868,''

BANKERS AND BROKERS,Mills BnlldlUK, New York.

Members of the New Vork Btock Uxcbanffe.

Cbsok* and Cable Tmnsters on JAMBS T. BATB8 *CO„ Geneva. Bwitserland,

M. H. Taylob, W. V. Cabolin, C. F CoxMember N. Y. Stock Kxch.

Taylor, Carolin & Cox,Baukersi & Comniissioii Stock Brokers,

m BItOADWAV, NEW YOkK.Deposits received subject to check at sight and

interest allowed on dally balances.Aii securities dealt In at the New York Stock Bx-

cbanye bouKht and sold on commission for cash orupon maTKin^

Randall & Wierum,50 EXCHANGE PLACE,

Brokers in Railroad Stocks and Bonds,

ailVBHNMBNTS 4 FOREIGN EXCHANGE.CHAS. K. BANUALl, OTTO C. WKIBUMv*i>mher V. Y. **^octT Kxchange.

Hamilton & Bishop,BANKERS AND BROKERS.

No. 35 PINE STREET. NEW YORK.(Members New York Stock ExchanKe.)

Accounta of Banks, Bunkers and others recelTOd.Interest allowed on Balances. A strictly CommissionBusiness in the purchase and sale of stocks and bonds.Private 'I'elenraph Wire to Albany, Troy, Syracuse,

Rochester. Utica and Buffiilo. praw on City Bank ofLondon In anionnts to suit.

Special attention tiivan to Securities for Investment

Simon Borg & Co.,No. 8 WALL STREET, NEW YORK.

DKALEK8 IN ALL KINBB OF

Railroad and Investment Securities.

SOUTHEBN BECUBITIIE8 A SPBOIALTY.

Page 3: May 3, 1884, Vol. 38, No. 984 - FRASER · ft THECHRONICLE. fvoL.xxxvin. WOVldQU%XCh^UQZ. Drexel,Morgan&Co., WAIiliSTREET, CORNEROFBROAD,NEWYORK. Drexel&Co., (Drexel.Harjes&Co NoMSouthThirdStreet

May a 1R94.1 THE CHRONICLE. ill

jliauUcvs and IBvolvevs.

KSTABIilHIIKI) IH«a,

John H. Davis & Co.,ItANKKUS ANH HKOKKUS.

No, 17 WAI-I^ ST., NKW VOKK.>leiiib«niurN«w Vitrk A Phlli«lo)phlH rttoch Kxoh'

I'rlviiii' tfl«'k;iji

Kit I

SI-

itti>>ri Atth tSe niMr-

: iin<S*iH>lt]. ON

V uHimttnt or our-

rltMl I'll iimrul". . „Ki)Ki<:i<iN c>KI>KH8. tilther by CABtJl or mall,

r«<"i'iv.. i.tiM'.-ial iittcntton.

C'AL.I>%VELL., WASHBURN ATOWN$)END

DANKRK8 AND BKOKBR8.

No. 3 WALL STRKKT.TnuiwMt a Keneral Banklns Biulnen, Incladlns tlu

PiirohaM and 8al« otall 8l«ourltlea dealt In at thf

New York tftock Bxchanse-

Intereac allowed on deposits subject to sUlbtdrafi.

C. B. Cau)wbi.i. Lanbino C. WASHBtnuf.0HA8. J. Tow^f8KND. Member N. T. Btook Bzeba&se

B.C. HrHBKKT, JOnN J.O. UUMBUCX.Member N. Y. Stock Bzcb.

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

No. X9 XTAljts STREET,OBKZU. BDtU>lNa. NBW roKK

Fred. H. Smith,No. 20 BROAD ST., NEW YORK.

STOCKS, BONDS AM) PETROLEUMBought. Sold, aiKi Curried on MarfilnR.

Intlniuto kriowltMl»:e o( till railroads for past twenty

yeHfs. I'arties de^lrinu to bujr or sell unquoted se-

ourftleH will do well to cunimuntoite.K. H. 8M1TU.'. Members N. V. Mtnlnv A National8. W. S'.iTH.S I'otruleiim KxclmiiKe.

Hatch & Foote,BANKERS, No. 12 WrU Street, N. If.

vve make U. S. Bonds and Investment Securities aspechilty. exeoute orders in STOCKS and BONOgf<jr ca»h or carry the stime on mar»rtn. Wetraneadttgenentl HANKING business and AI.J.OW INTKR-KST on l)b;i'(>r*ITrf. Brancb unices, connected byprlTHtfl wire. Norwich. Conn., and Boston. Maas.

Members >'ew York and CtilcaMO Htock BxcbanfteaUo New Vnrk MlnlnK Stock Excbantte.

Rolston & Bass,BANKERS,

SO BROAD STREET, NEW YORK.Stocks. Qi)n<1» and Mlscelluneons Securities.

Correspondence iSotlcited.Quotations cheerfully furnished.

C A. BUTTKICK. WM. aiA.ULIktl.

Buttrick & Elliman,18 Wall street. New York.

— Katlroart boiuls a. specialty.——Investor* art- invite*! to correspond.——information cheeriulW »rlven.——Fourteen years' membership In Stock BxohiuiKe.—Orders by mail solicited and promptlv attended 1

Howard Lapsley dc Co.BANKERS AMI BKOKEK.1.

No. 24 BROAD NTICKK1.New York.

T. 8. VUCTNO, JB., SlIINIr B. MURHB.Member N. Y. Stock Kxchanire.

Young 6c Morse,BANKER !« AND BROKEW!^.

No. -iit KKO.\l> SIREKT. NEW YORKTransact a aceneral Banking and KrokenufH Bui* •

»iefw« In Stocks. Bonds and .\lt««*ll«i.«»onj» s«ciirlTit*-

J.F. Mahoney & Co.,No. 15 W^ALL STREET,

UEAl.KUS IN

IXVESTMEXT MICIJRITtEM.A II cl'is^es of City, Town and KallwajF Bonds

bought iind sold

W. H. Goadby & Co.,BANKERS AND BROKERS.

No. 8 WALL STREET,Newr Vorli.

^VLtihevs and S^olueys.

JAMKK WlllTEI.V,llAURV <'. I.OUAN.

IIX.VIIV H. Illlllfll. ^

WH. It. TltAVBIU<,

' . Kyiui,11. c.

Prince & Whitelv,No. 64 BROADWAY, NEW YORK.HuAvrn „-.,„-„* inoKlftb Arc, Now York.BBAScn orFirrs

-, fj„, ,^, ,, ,,, ^ViishlnKton, D OBuy and «ell '

Securities: nl>''

I'rlviilcTeli'.ton, Baltlmort', WBoston and IMttsUurtf.

UaOBOl 8TAHK.

• iiisNcsof lUllroad

1 li>l|>hlu. Wllmlna-... :>. ...,;t:port. Now llaTan,

JORK r. 8TAB

George Stark & Co.,BANKERS,

No. 83 Nuarsau Street New York,TRANSACT A aKNEUAI, BANKING BCSINB*

AND BUY AND SKl.l, INVKSTMKNTSKCLRITIK!'.

Have constantly on hand and for sale Western Cityand Farm MortKaAcs, boiiring? to N percent Interest

WE»«TERN ITILNICIPAI, BONDSBOUUIM' AND SOLD.

tr •slam wli h full parMooliura mailed on applloatlon

WAL8TON U. Shown. KRKn. A. Brown.IlKHUwa' P. Brown.

Walston H. Brown & Bros

BAIMKERii,

NO. 20 NASSAU STREET,NEW YORK.

CAJ Co.BANKERS,No. 18 W A I. I. STREET,

Neiv York,Transact a General BanklnK Business, inclndinji

the purchase and sale of STOCKS and BONUS forcash or on marKin.

Bnjr and Sell luTestment Securities.P. O. BOX a,647.

>..M.Kinn»R. WatuindTrask. H. J.Morak.W.C. HUJ.

(6LLl]VS,pOUDENyE^I^INS,

-BnnKERS-25 Pme §t. - t^eoiYoRtO

i>nrchase and sell on Commission GOVBRNMBNTand RAILROAD BONDS and STOCKS, and all

>!lasses of Securities dealt in at the NBW YORKjTOCK lUi'HANOlI, or all reputable Securities

bought and sold In the OPKN MARKET. LOANSand COMMERCIAL PAPBR negoMsted. Interest

paid on DKP'isiTS subject to check.

iBoodiftJVtcUeffau

^ Co.B A N K K K M,

i*« rtrwiid.VHy. cor, Kxchttiige Place, N. VBmnch (rOicr. IVC.S l.n itnllr Mt„ Cbicngo,

I'KANSAOT AGK.NKKAL BANKING BU8INBS8INCLUDING TUK I'UUCUASB AND 8ALK 0>STOCKS AND BONDS KOU CASH OB ON .MAR.GIN. BUY AND SKLL INVKSTMKNT 8BCUR1-TIBS. INTERKST ALLOWED ON DRPOSITh•IUB.IIti,T TO CUKCK AT SIGHT.

P. O. Box 447.D A. BOODT, C. W. MCLILLAH JB.

tturnKv Lai.AND.

BA.NKKR8.UNITED BANK BDILOINI. ,

Wall Street, Corner Broadmrajr.fTOCKa, BONDS -t I'OMMRRalAL PArHK.stocks and bonds bought and sold on commission ai

New York .Su>ck Kxchange. AdTanowtmadn on hnnl.

^HBUMAN S. jKWKTr. i're«. .lo.slAH .J KW KTT.V - Pre*WILLIAM C CUKNWELL. (ashler.

Bank of Buffalo,liAPITAL., . ssno.tioo.

BUFFAI/O. N. Y.

This bank hue suimrtor racllllles for ntaftltiK co .

(-•ctloas on nil Hi-ct*S8ible pitlnts in the L'nituc-^Lates, Cana'ln and Kurope. Liberal terms ext.-ndei}'> acc'iunls of bankers and tuercliants.CoKKE8PO.NI>B.sT8.—New York. National Rh< e A

Leather Hank: I oiidon. Union Kfink uf Uundou,

ff0Vti011 JBilMCkSXB,

THE

Railway Share Trust Co.(LIMITKD),

No. 4 BANK BUILDINUS,

LONDON. ENOLAND,

Capital Paid Vp, £971,360 Sterllac.

DIREOTOHS:

8. liAINO, Baq., M. P., Chalrmao.

OBNCRAL HBNBY H 'PKIHIOH, C. B. LHaloolh a. LAIHO, BM).

JOHM UORATIO Lluvd, Esq.

John Pmndbii, Esq., M. P.

SIU HB.VHr DBDICMOND WOLFr,

G. C. M. G.. K. C. B.. U. PBib Ohabt.im Lawbbnob Yodico. Bart.

FRANCIS PAVT, Esq., Managlns Director.

This Company ondertskea the bustnesa of Tmite.

to Loans of approved Railways, negotiates and

Issues Loiuis on the London Market, acts aa Agent for

Railways and other Corporations, either In the mat-

tor of payments of Interest on Loans. Dividends on*

or Registration of. Stocks In London, or otherwise.

Cable Address—FAVT, LONDOK.

Railway DebentureTrustCOMPANY (LIMITED),

No. 4 BANK BUILDINGS,

LONDON, ENGLAND

Same Directors as the Raihvay Sfiare Trua

Company (Limited).

CAPITAL PAID UP, with Snrploa,

£1,956,410 SterlloK.

De Twentsche

Bankvereeniging,B. W. BlIJDENSTEIN & CO.,

A.nSTERDAin, .... HOLLANB.ESTABLISHXn ISei.

.Subscribed Capital, 8,000.000 — Gnlldeni (18,900,000.—}

I'»irt-l;p Capital, 7,881,700- •' (13444,080.—

>

Keserve Kund, 1.898,874 34 * (tSOSJiCIO.-

)

Head OIBce, Amaterdam.BRANCHES

London-RXCHANQB ft INVESTMBNT BANKB. w. Bludenstbin a Co.

N08. 96 ft Be Threadneedie Street, B. C.

Pnril.—A.VCJBNNB Maihok Leo.n ft Dkbhbr,COMPTOIR DE CHANGE. LIVITBO.f 112 Rue de Richelieu.

Kallrr<lani-DK W188BL-en KKKBCTKNBANK.KU'cholP-B. W. BLIJDENSTEIN, JR.

timvia -LKDRBORR ft CO.

Ttansact a general Banking and Comralssloo Bnsl-

ness In Billi,. Stocks, Shares, Coupons, ftc

NBW York Cob»B8|>u.ndbxt8

3It*H)<rH.KNA|]TH.NACH0D A KUHNF

Hong Kong & ShanghaiBANKING COKPOBATION.

CAPITAL »7»n.000KBSKRVK KUND 4.100.000

HBAfl OFFWB. BONO KONO.The Corpomtlon grant Drafts, issue I.ett«n, of

t'redit for use of Travelers, and negotiate or tMllivtBills iwTsble at Bombay, fa.rutta. Singapore. Sai^-on.Mfinlh*. Hong Kong. K,M>chow. Amoy. MriUHi.Shanghai. Hankow. Yokohama. H logo. San Kranoocoand l,<indon.

A. «L TUWN^SKI). Acrnt. 47 William St.

Page 4: May 3, 1884, Vol. 38, No. 984 - FRASER · ft THECHRONICLE. fvoL.xxxvin. WOVldQU%XCh^UQZ. Drexel,Morgan&Co., WAIiliSTREET, CORNEROFBROAD,NEWYORK. Drexel&Co., (Drexel.Harjes&Co NoMSouthThirdStreet

THE CHRONICLE. [Vol. XXXV^IU

'gaxtiQU '§nnh,txs.

Blake Brothers & Co.,LONDON, ENGLrAJVD,

Solicit accounts and agencies of Banks, RaUway»Corporations, firms and Individuals,upon favors

able tenns! also orders for the purchase and

sale of Bonds. Shares, Ice., &c on CommlssIOB

on the Stock ExchanKe.

negotiate Railway, State and City Loans and

Issne Commercial Credits available in all parts of

the world.

Nederlandsch Indische

Handelsbank,AinSTERDAia, BOI.1.AIVD.

ESTABLISHED IN 1863.

Pald-Op Capital, 12,000,000 Gnllden($1,800,000 Gold.)

HEAD OFFICE IN AMSTERDAM.Agencies in Batavla. Soerabaya and Samarang.

Correspondents in PadanK.

Issue Commercial credits, make advances on ship.

ments of staple merchandise, and transact other

business of a financial character In connection with

the trade with the Dutch Bust Indies.

BliAKE BROTHERS Sc CO.,

AGENTS FOB NORTH AMERICA,

18 WALL STREET, NEW YORK.

28 STATE STREET. BOSTON.

Adolph Boissevain & Co.BANKERS

AND

conmissioN merchaimts,AMSTERDAM, HOLLAND

N. T. Canespondents—Messrs. BLAKE Bbos. ft Co,

The City Bank,(LIMITED,)

LONDON, ENOL.AND.Antborizcd Cnnital, . . - . - £4,000,000BubBcribed Capital, -..--- 4,000,000Paid-Up Capital 1,000,000

Reserve Fund, £500,000.

HEAD. OFFICE, THKEADNEEDLE ST.

BRANCHES :

Bond Street, 1 Tottenham Court BowlLudgatelllll,Knl^htHbridge,Uolborn,

IPjiddiiiKton,AIdgat«,Old Street,

London. .

The Bank^hUe conductlnK the general boslDestof London Bankers, gives special attention to th^Agency of Foreign and Colonial Banks.

A. U. KENNEDY. Maaaaor

TUB

Anglo-Californian Bank(LIMITED).

LONDON, Head Office, 3 Angel Coon.

SAN FRANCISCO Otflce, 422 California, Si.

NEIV YORK Aleuts, J. & W. SeUKman A VnBOSTON Correspopd'ts.MaasaoliaBettsN. Bi,

^atborlzed Capital,Paid-up Capital, -

Beaerre Fund, - •

$6,00O,OO«I,60O,0O

- 400,00(>

Transact a general banking business. Issue (Tommercial credits and Billsof Exchange, available In al

parts of the world. Collections and orders for Bondsstocks, etc., executed upon the most favorable terms

FKED'K F. LOW. ) M„n»„o,..IGNATZ STEI.NHART.S"""""'"'P.N. LIT.IKNTHAL. l^aahlnr.

Bank of Australasia,(INCORPORATED 1835.)

4 TItreadneedle SC, liondon, EuglandPAID-UP CAPITAJj. JEl.eOO.TOO.

Gnarantee and Reserve Funds. Jt;727,710.

Letters of Credit and Drafts issued on tfie 109branches of the Bank In the Colonies of QueenslauO,New South Wales. Victoria. South AustrallH, Tasmu-nia and New Zealand. Bills negotiated or tient furCollection. Teleirraphlc Transfers made. iie]>ostls

received in l^ondon at Interest for Qxed i>eriod8 rnterms which may he ascertained at the oQ^ce.

PRIDKAUX 8ELBV . Kftcretjiry.

Narr & Co.,AlHERICAN BANKERS,

STUTTGART, GERMANY.

©atiajftian gatxKers.

A. P. TURNER & CO.00 THKEADNEEDLE STREET.

LONDON.

.

vrtrama S '*«" York Stock Exchange.MiaiBinta) Philadelphia Stock Exchange.

E. Wuthmann & Co.,BANBOBBS, UJKKaiEN, CEBiUANY.

Bank of Montreal.

OAPITAI., - - - $12,000,000, Gold.SITRPLVS, • - - $6,000,000, Gold.

0. F SMITHEES, President.

W.J. BUCHANAN, General Managei

yZW YORK OFFIVE,

Horn. 69 & 61 W^ALL STREET.

ALKX'BLANO, JAgents.

Buy and sell Sterling Exchange, Francs and Cable

Transfers; grant Commercial and Travelers' Credits,

available In any part of'the world; Issue drafts on

and make collections In, Chloaxo and throughout the

Dominion of Canada.

London Office, No. 9 Blrchln Iiane.

Merchants BankOF CANADA.

Capital, - • - $5,700,000 Paid Up.

ReserTC. $1,150,000President, ANDREW ALLAN, Esq.

Vice-President. ROBERT ANDERSON, Esq.

BEAD OFFICE, mONTREAI..GEORGE HAGUE, General Manager.J. U.PLUM.MER, Assistant General Manager.

BANKERS:LONDON, EN6.—The Clydesdale Bank (Limited.)NEW YORK—The Bank of New York. N.B.A.

The New York Agency buys and sells Sterling Ex-change, Cable Transfers. Issues Credits available in

all parts of the world, makes collections In Canadaand elsewhere, and issues Dnifts payable at any oftfaeofSoesof the, bank in Canada. Every descriptionof foreign banking bu.sineas undertaken.

New York Aeency, No. 61 Wall Street.HENRY HAGUE,JOHN B. HARRIS. JH..

Agents.

Imperial Bank ofCanada.CAPITA I> (paid up), - - -$1,500,000SCBPLVS, ------- $678,000H. 8. HOWLAND. Pres't. D. R. WILKIE. Cashier

HEAD OFFICE, TOBONTO.BRANCHES:

•^t. Catharines. Port Colbome. St. Thomas. IngersollWelland. Fergus. Woodstock.Winnipeg. Man..

Brandon. Man.Dealers In American Currency dt Sterling Exchange.

Agents in London : I Agents in New York:BosANQUKT, Salt* Co., Bank of Montubai.,

78 Lombard Street. I5B Wall Street.

Promptest attention paid to collections payable inany part of Canada.Approved Canadian business paper discounted ai

the Head Oifice on reasonable terms, and proceed*^remitted by draft on New York.

AGENCY OF THEBank

OF

British North America,No. 52 WAIit STBEET.

Buy and sell Sterling Exchange and Cable Trans-fers. Issue demind drafts on Scotland ami Irelan- ;'

also on Canada. British Columbia. San Fra.nci8C0 andChicago. *

CIUCIILAR NOTES is-iued in Pounds Sterllniravailable In all parts of the world. COJl-lUK-CIAt CKKDITS ISlSrUD for use In Hurcpi'.i'hina, JauHU iind the Ea«t unci Wet»I Inilips. Also,In name of NEW I-ONI)C>\& U'lA/.II.I >NIMNK LIMITE1>, available in the Brazils. RiverPlate, ic.

Bills collected and other banking: business trans-!ted. 1). A. .MCTAVISH. I ._„_._acted

H. STIKKMAN, Agents.

Gzowski 6c Buchan,BANKERS AND STOCK BKOKEKn.

TORONTO, €AMA1>A.Prompt attention Klven to Collection or Comuit-i

clal Bills and Canaciiiin Kunds on nil points tn CanuduAmerican and Sterling Exchange, and Btocks. Bondf-etc., boiifiht and sold.Correspondents— llHnii of New York. n«w York

Bank of Deposit,84 DeTonahlre <& '.iO Water StH.,cor.npv.P.<<

BOSTON.Interest o»t flepofils s'lirjtct to check.Bonflsatul ulfier m-pritimettls tumyhi and sttUi.

Oorresjnnidence inrited.'Orders executed at Bonlwt and New I'orAr stf*c>

Exchanges, of which we are members.

F. A. Hawley & Co.,BANKEBS.

P^jcxtr gttgXatifl ^'Axi'ktxs

Brewster, Cobb& Estabrook.

BANKERS,Np. 35 CONCBESS STBEET,

BOSTON..MEMBERS OF THE NEW YORK AND

BOSTON- STOCK EXCHANGES.ALSO.

Dealers In Mnnlclpal, State, Ballroadand 17nlted States Bonds.

Perkins, Dupee & Co.,

(Formerly Chas. A. Sweet & Co.),

BANKERS AND BROKERS,No. 40 STATE STREET,

BOSTON, MASS.Dealers in Municipal. State and Haliruad Bondi.

JOSHtTA WILBOOB, CHARLES H. SHELDON, JR.bknjajon A. Jackson, wiluam Binney, Jb.

Wilbour, Jackson & Co.,BANKERS AND BROKER;*

52 WBYBOSSKX STREKT,PROVIl>E]\€JE, R. I.

Dealers in Cominercial Paper, Government andother flrBt-class Bondjs aod Securities and ForelmBxchunfie.Private Telearaph Wire to New York and Boston.

Samuel G. Studley,COMMISSION STOCK BROKER,

No. 4 Exchange Place, Boom No. 4,

BOSTO,\, MASS.MEMBER OF BOSTON STOCK EXCHANGK.

Parker & Stackpole,BANKEBS,

No. 60 DEVONSHIRE STREET,

BOSTOSi.

C. E.. Jackson & Co.,BANKERS.

niDDLETO'tVN, CONN.,Buy and 8eU Government. State. Municipal and

Railroad Bonds and Stocks. InveBtmeots for 8av-

Inir Banks a specialty- Cnllect-lons raade.

Swan & Ban ett,BANKERS AND B R O K U R S ,

186 Middle Street,

C>oaTL,AND, irlAINE.Dealers in Government. State, County. City and Rail-

road Bond.s. Bank Stocks. &c.desirable Investment Soctirities constantlyon hand

gjeuttBjjXxrauia gaiiTiers.

K. W Clark & Co.

,

B A N K KHN,!Na. 33 !<autb Third r^treel, Philadelphia.

DHALBRa IN CAB TRUSTS AN» OTBBiR INVKOTMKNT SKCCRITIKS.

^fiicliit Mni Rond^ Ixiat^hr and soln oit (V>iumlafllon

Jus. M. 8HOKMAKKK. ROBEBT M. JABKXT.

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

No. 134 SOUTB THIBD STBKKT

PII1L,AI>EUPHIA.

Rea Brothers & Co.,BANKERS AND BROKERS,

No. 97 WOOD STBEET,PITTSBUKO, PA.

Dealers in (government. State. County. Municipaland Haiiroiid Bumls. Execute orders in all SKt'lJll-1TIE8 listed at the New York and .Pliiladelptala

Stuck ExcbanfleB by Private Wlrs. . .

Page 5: May 3, 1884, Vol. 38, No. 984 - FRASER · ft THECHRONICLE. fvoL.xxxvin. WOVldQU%XCh^UQZ. Drexel,Morgan&Co., WAIiliSTREET, CORNEROFBROAD,NEWYORK. Drexel&Co., (Drexel.Harjes&Co NoMSouthThirdStreet

M A Y .SM|I

THE f'HRONICLR

JVnusyUmnla §anTtcv0.

Narr & Gerlach,nATfKKIt!* AND BHOKEHS,

No. saa cirivSTNur »tkket,PIIILADKLPIIIA,

OM«>M PTo^'utwl by privuto wiro In New York. Bo»-

1 on»ll principal point* In th* DoitMi>o.

ton '

l>

'gco. B7 Hill~&.Co.,BROKERS,

PITTSBVRO, PA.,Boy anil soil nil cltiflsos "f Wontprn Ponni»ytT»nl»

SeciirltlOf*. CnrrOMpomlpnco Hollrltoil.

§aUlmovc ^anlicvs.

J. WH. JtlDDIHDOBr. WM. B. OLITBB.

Middendorf,Oliver& Co.UANKKRS AND BROKERS,

(KKYSKIl nuii.niNG),

Nos. 23 lb £5 CiEBMAN STREET,Box 397. BALTimORE, nD.

Memiwre Baltimore Stook BzohanKe.

Wilson, Colston & Co.,BANKERS AND BR0KBK8.

BALTimORB.INTB3TMENT and SOUTHERN SECURITIES a

peouitr-CoiTeapondeDoe solicited and Information fui*

nllhad.N. Y. Correspondenta—McKlm Brothers A Co.

Robert Garrett & Sons,BANKERS,

No. 7 SOUTH STREET,BALTIMORE,

TRANSACT A QENBRAIi DOMESTIC ANDKOREION BANKING BUSINESS.

Wm. Fisher & Sons,BANKERS,

And Dealers In Governmenta, Stock*and luTeatnient Sorarlliea,

Oproein Skoovd St , 32 SOUTH 8TRBBT,RAI.TIIHORE, lUD,,

Havo Western Union wires in their ofBoes, bjmeans of which Immediate commantcation can bebad with all commercial points in the country. Es-pecial attention given to purchase and sale of Vir-ginia Consols, Ten-forties. Deferred and all issuesof the 9tate, and to ail classes of Southern State.City and Hallway Securities. Correspondence so.liolled.

Mi>a\xth6Tcn ^^nkixs.

Thos. P. iMiller & Co.,BANKERS,

mOBILE, ALABAITIA.Special attention paid to collections, witb prompt

remittances at current rates of exchanKO on day oipasrment. Buj and sell State of Alabama and Clt?of Mobile Bonds.Correspondents.—Bank of the State of New York

New York; I>oul8iana National Bank. New Orleans

;

Bank of Llrerpool. Limited. Liverpool.

THE CITY BANK OF HOUSTON,CAPITAL, «500,0Q0,

Houston, Texas.We frlve special attention to collections on all

aooesaiole poinu.DtKacTORS.—Benjamin A. Botts, Preset; F. A.RIce.

C. C. Baldwin, W. B. Botts, Rob't Brewster. 8. K.Mcllhenny, B. t'. Weems.B. F. WEBM8. Cashier. BENJ. A. BOTTS.Prea't

B. BURRUSS, Pres't. A. E. Walkxb, Cashier

First National Bank,WILniNGTON, N. C.

olle«tlons made on all parts of the United Bt»' es

Wm. C. CotTBTNiT. Pres. EBN18T H. PuiNoi.E. Cash

BA!VK OF CHARLESTOIV,NATIONAI. BANKIVO ASSOCLiTIOMCHARLESTON, S. C.

SPSCfAi. Attention oitun to Collkctiowp.

MERCHANTS' NATIONAL BANK,RICHMOND, VIk£GINIA.

Collections made on all Sonthem points on beAt«niu: prompt retarns.

JOHN P. BRANCH, President.John F. OLKXS^rash. Khed. R. Scott. Vice-Pres't

TIlOmtAS BRANCH A CO.,BANKERS AND COMMISSION MERCHANTS

KICHnOND, VIROINIA.VlTfftnia Bonds funded ander the Fondln^ Act

pooncn by the last L^slature, for H per cent commis-sion. New North Carolina per cent bonds, securedby lien on the State's stock la the Nortb CarellnaRailroad , for sale.

jioxithct^ S^uUcvs.W. T. BLAOKini,lK

PrMMant.P. A. WiLwr,

CaaMw.

The Bank of Durham,Di RHAn, n. c,

with ample mmns, and faollitle* axoelled by noBank In the Htato. Inrltea oorreapondaoa* and paysspeotal attention to oollootlons.

HiSlcstcvu SauUjev5.

N. W. IlarriH & Co.,INTESTIflENT BA!VKER»,

No 17G DEARBORN STREET.

CHICAGO, ILL.

RrnVrnQ state, county. City. Town, School,Owl'l X'O, and Car Trust Bought and Sold.

The funding of entire Issues receives special atten-tion. Write OS If you wish to buy or sail.

TH B

Texas Land & MortgageOOMPANT LIMITED,

(OF LONDON, ENGLAND),Transact a general nnanclal and Agency Business In

the State of Texas and Europe.

C. K. WKLLESLBrr,New York Correspondents;BI.AKI Bros. & Co.

Wall Street.General Managi

DALI.A8, TEXAS.

Montana National Bank,HELENA, n. T.

DNITED STATES DEPOSITORY.

Capital, $250,0000. A. Bboadwater, Prest. A. G. Ci.ARKX.V.-Prea>t.

B. Sharpk. Cashier.

D. G. FONKS, j STATE BANK, IC. T. WALKXBPresident. ( Incorporated 1875. ( Cashier.

German Bank,LITTLE ROCK, ARKANSAS.

Capital (Paid In) - - - - $3S0,000Prompt attention glren to all business In our line.N. Y. CORBispoNDKNTS.—Donnell, Lawson A Co.

and the Metropolitan National Rank.

George Eustis & Co.,

B R O K E K !<,

CINCINNATI, OHIO.

rHOS. M. THORNTON. WV. W. THORNTON, CaSI

W. F. THORNTOJV A. SON,(Established 18G9.)

BANKERS AND BROKERS,BHELBYVriJLE, ILLINOIB.

Collectionsmade In Shelby and adjoining Coantie.nd Proceeds remitted on Day of Payment.REFERENCES—National Bank of Commeroe,Nea

York. Union National Bank, Cincinnati. ThirdNation 1 B»nk. 8t. Louis. Traders' Bank, Chloagr,'ail oQ's Bank, Indianapolis.

ESTABLISHED 1871.

P. F. KELEIIER A CO.,S05 OLIVE 8TREKT, ST. LOUIS,

Dealers In 'Western Secarltles.Defaulted Bonds of Missouri Kansas and Illinois a

Specialty. Good Investment Securities, paying from4>4 to 10 per cent, for sale.References in New York, by permission, Clark

nodge i Co., SI Wall St.; llatcn * Koi.te. 12 Wall St.itaierenceM In St» L.oul8. Banks irenerally.

§^\fcci'Al Jxtuesttixciits.

THBKansas Loan& Trust Co.

TOPEKA, KAN.T. B. SWEET. Pres. GEO. M. NOBLE, Seo.

Is the oldest and largest Institution in Kansas,giving exclusive attention to the Negotiating ofCUOICE FIRST MOKTGAOE LOANS at high ratesof Interest. It has negotiated over S<i,00U,00tof these loans for Savings Banks, Insurance Com-panies, EMates and private parties East. Send forcircular.

E. S. Bailey,7 PINE STREET.

DKAI.IN08 IN

INSURANCE STOCKSA SPECIALTY.

Cash paid at once for the above secarttlas ; or tbe?will be sold on oommlsalon at sellefa opuoa.

4ipcciaX ilnucstmcuts.

wm:. o. tvoyes.No. 21 NAUSAU STREET,

DIAI.XB IK

CITY RAILWAY STOCKS(l^AS STOCKS,

TRUST CO.*S STOCKS,TELECRAPII STOCKS,

Bank Stock*, Iniinrnnce Stocks.

W. J. MoBPii V. Pres't. J. P. Smith, ) viA.,_r>...'<.Oxo. B. I.OVI.NII, fiec'y. J. W. Kxxii, ( '"'^'^•« "

Texas Investment Co.,LIMITED,

OF FORT WORTH, TEXAS,DXAI.IR.I IN Al.t. KINDO Or

LIVE STOCK, RANfH PROPERTIE.S,SEOLRITIKS, Ac,

Paid-np Capital,|100,000. Sarplos.fBO.OOODiRECTORg.—A. H. Britton, President CItr Na-

tional Bank : W. J. Boai. President Tradsrs^ Na-tional Bank ; .1. P. Smth. Mayor of Fort Worth, andof the banking firm of 'ridball. Van Zandt A Co.; J.D. Iloed. Hancnman.and Director In First NationalBank; w. A. IluITtnan, riealer In Agricultural Im-plements; Sidney Martin, of Martin-Brown Co.,Wllolesalo Dry (ioodn ; W. .1. Mnriihy. Callle Dealer ;

George B. Loving. Manager Lovlna Publishing Co.;J. V. Svans, Kandiman and Cattle Dealer.

Investors, Attention

!

f300 to S30,000.

Seven Per Cent Semi-Annnal Inter-est net to Investors.

SECURITY ABSOLUTE.First mortgage on Improved property In Kansas

City, and good farms In Kansas and Missouri, worthfrom three to five times the amount of the loan-

For particulars and references address

JARVIS, CONKLIN Sc CO., Brokers,KANSAS CITY. MO.

THE YVESTERN

Farm Mortgage Co.,LAW^RENCE, KANSAS,

Offers to investors the best securities In the marketFIRST MORTGAGE LOANS UPON IMPBOTKOFARMS. Interest and principal paid on day of us-tnrity In New York. Pands promptly placed. Lar(«experience. No losses.' Send for circular, refersnoesand sample forms. IT. M.PEKK INS, President; J. T.WABNB. Vloe-PTe«t.; L. H. PERKINS, Secretary.CHAS. W. GILLBTT, Trees. N. F. HART, Auditor

^r Solid 10 Per Ct.ACCViVLLATIOIf.

No Risk;RAPID

CAN HANDLE SUMS LARGE OR SMALL.Solid as English Consols or U. S. Bonds

For Circular Address the

Central Illinois Financial Agencv,JACKSOXriLLE, ILL.

Farm MortgagesIn Snms of $100 and Upwards on In-

dii'.na and Ohio Lands.NOTHING SAFER. Al.WATi: PROMPTLY PAID

8E.ND FOR PAMPUl.ET.JOS. A. MOORE,

84 Bast market St., Indianapolis, Ind.

John B. Manning,BANKER AND BROKER.

No. 6 ITall Street, New Vork CitySOUTHERN SECURITIES

A SPKCIALTV6tat«, Manlclpaland Elallway HoBdiaad Conponi

tMoghtand sold at best market rat«8. Inveacortordealers wishing to buy or lell are Invited to communl-oatu with a«. ^ ^liember of the Now Tork Stock Bxcbaage.

Ruction J^aUs.

STOCKS and BONDSAt Auction.

The UnderalKoed hold REOULAH AUCTIONSALES of all classes «t

STOCKS AND BONDSOK

WEDNESDAYS AND SATURDAYS.

.ADRIAN H. ninLLER it SO\No. 7 PIHB STREET. NEW YORK.

Page 6: May 3, 1884, Vol. 38, No. 984 - FRASER · ft THECHRONICLE. fvoL.xxxvin. WOVldQU%XCh^UQZ. Drexel,Morgan&Co., WAIiliSTREET, CORNEROFBROAD,NEWYORK. Drexel&Co., (Drexel.Harjes&Co NoMSouthThirdStreet

Tl THE CHRONICLE. (ToL. xxxvin.

Itttjevjcst^ ^imAciulSr Sec.

''PHE INTEREST ON THE POIil^OW-ING bonds Is payable at the banking house of

Messrs. WINSr^OW, LANIER & CO,, corner of Nas-

sau and Cedar Streets, New i'orkCity, on aud after

May 1, 1S84

:

Aurora, Indiana—Municipal (is.

Denver Soutli Park & Pacific Railway Company-First MortmiKO 7s.

(ireencastle, Indiana

School 83.

Ohio & West Virginia Railway Company-First Mortprage "3.

Portsmouth, Ohio-Railroad Improvement 7s.

\Vaterworks S3.

Pitt*burg Fort Wayne & ChlcaffO Railway Co.—First Mortsajie 7s. series" E "

Sec 'nd Mort^'afje 7s, series " L."Scioto Valley Rjiilway Company-

Equipment 7s.

Terre Haute, Indi ma-Consolidated Os.

Principal, bunds, Nos. 1 to 13 iiiclusive.Western Railroad Company of Minnesota-

First MoTtijHEeTs.Ijand Urant 7s.Jjand Grant 6s.

MAY 15.Blackford County, Indiana—

Gri'vcl Road Ts.Marietta, Ohio-

Marietta & Cincinnati Railway Aid 83.

MAl' 20.

Cambrldfre, Indiana-Municipal 7s,

PENNSYI.VANIA RAILROAD CO,-*- TREASURER'S DEPARTMENT,

PniLADELPHlA, May 1, 1S84.

The Board of Directors have this day declared a

Bemi-Annual Dividend of FOUR PER CENT uponthe capital stock of the Company, clear of all taxes,

payable on and after May 2i)th, 1884, to shareholders

us registered on the books at 3 P. M., April 30th, ult

In order that shareholders may have the option of

converting two per cent of this dividend into the

capital stuck of the Company at pur, certificates will

be issued at the time the dividend is collected, repre-

senting such amount which will be exchanged for the

c ipital stock at par, prior to August lat, 1884, whenpresented in sums of fifty dollars.

JOHN D. TAYLOR, Treasurer.

pmCAGO WALTON RAILROAD^COMPANY, CHICAGO, ILL., May 1, 1884.

NOTICE.A quarterly dividend of TWO DOLLARS per

share has this day been declared on the preferred

and common stock of this company, payable on the

2d day of Juno next, to stockholders of record at the

close of business hours on the 10th inst.

The dividend on shares registered in New York will

be paid at the ofBce of the Company's Agents, JohnPaton & Co., No. 53 William Street. New York, andon shares registered in Chicago at the oflQce of the

Treasurer of the Company.C. H. FOSTER. Treasurer.

THE CANADIAN PACIFIC RAIL-AVAV COMPANV5

J. KENNEBlf TOD 6c CO., Agents,No. 63 William street,

NEW YORK, April 26, 18^,Prior to the Annual Meeting of the Company in

Montreal on Wednesday. May 14, the Stock 'iVansferRooks will be closed at Three o'clock P. M. on Tues-day, May 0. In London the books will be t;l03ed onTuesday, April 15, and will be re-opened In bothcities on Thursday, Mav l.">, nt In o'clock A. M.

C. DRINKWATKK, Secretary.

'^pHE BANK OF THE STATE OFNEW YORK, New Youk, April 22, 18S4.—At a

meeting of the directors of this bank held this day,

a dividend of FOUll PKR CENT was declared out

of the earnings of the last six months, payable onand after May 10th next.

The transfer books will he closed from the 30th

instant to May 12th, both days inclusive.

By order of the Board,JOHN H. ROLSTON. Cashier.

OFFICE OF PUI^IiMAN'S FAI^ACECAR COMPANY. ClliCAUU. li.L., April 21. 18«4«

DIVII>KNJ) NO. W».Theusun! QUARTKltLY DlVlDENDof TWO (S)

PER CENT on the Ciipital stock of this companyfrom net earnings has been dof^lared, payable May15 to stockhuldors of record at the clo.se of businessAlay 1. ISKI. Transfer books will close May 1 andre-open May 16, 1884.

A. «. WEINSUEIMER. Secretary.

f^rHE NATIONAIi RANK OF THEA KKPUBLIC, Nkw YoitK, May 1, 1884.At a m-etlnK of the Board of Directors held this

day. GKOHGW B. CAItllAUT, President, and JOHNJ. CUANE, Vici'-Prcsident, resigned their positions.JnHX JAY KNOX was elected Prcsitfcnt, and

ORSON ADAMS, Vice-President.E. H. PULLEN, Cashier.

H, L. Grant,No. 145 BROADWAY,

NEW YORKCITY BAILROAD STOCKS & BONDS

BOOGUT AND SOLD,

geo qaotatloiu of City Railroads in this paper.

^iuauciaX.

FIRST MORTGAGES05f IMPKOVED FARMS,

Drawing^ 1 and 8 Per Cent Interest,

NEGOTIATED BY

The Corbin Banking Co.No. lis BROADWAY,

NEW YORK.

All Interest and Principal Payablein New TorJi City.

From 1851 to 1366 Mr. Austiu Corbiu resided

in tlio State of Iowa, and, In connection withtlie Danklng I)U8incs8, made a Bpeeialty of ueso-

tiating First inoi-tgago Iioans npon Im-proved Farms in tliat and other Nortli-

western Sta'.es. In 1866 he transferred tlie

business to the City of New York, with im-

mensely successful results. In 1874 the CorbinBanking; Company was orRanized to succeed

him in this business, and has continued it ever

since. From moderate beginnings this special

business has grown to very large proprirtion.s,

and now shows a Continuous and Com-plete Record or Result Covering tlie

Entire Period of 33 Years, The numberof current loans upon our books at this date

exceeds 33,500, and the amount of money out-

standing and due to individuals, savings banksand other corporations is upward of $12,000,-

000. The business has grown to its incsent

magnitude because its results, as shown by this

loug record, have been eminently satlsfactorj-.

During the periods of depression and general

depreciation of nearly all classes of investmentsecurities, which succeeded the panics of 1855,

1857, 18iil and 1873, these llrst mortgagefarm loans negotiated by us, baseil upou a 40-

per-cent cash valuation of the farms, returned

high rates of Interest to the lenders, withalmost the promptitude of Government bonds,

and from the beginning of the business to the

present time have absolutely proved them-selves to be the Safest and Best PayingInvestment in this Country. Fromyear to year during this period of 33 years wehave been perfecting the details. Our corres-

pondents in the various States are picked men,skilled in this branch of business, of superior

judgment, unquestioned integriti^ and honor,

and thoroughly conversant with the Uws, pro-

cedure and practice of their several States. In

addition to this, all the farms are examined andour correspondents' statements concemiugthem revised by independent agents of our company, paid bj- us a liberal salary, who reportdirectly to us in New York; and in a multitude of

minor details which have been perfected at

great expense through the e.xperieuce of this

long period we have been able to reduce themanagement of thisbnsiuess to a perfect system.Indeed, it is the perfection of our work that hasenabled these lirst mortgage loans upon im-proved farms to manifest;thelr superiority andto maintiiin their very high standard of valueover all others, while at times great depreciationhas followed nearly all other classes of invest-

ments.

To investors who wish to place money for aterm of years ivitl> entire safety, at ratesvarying from 7 to 8 per cent, wo recommendthese loans as being, ail things considered, tlicBest in tlie World.We hold our.^elves in readiness at all times

promptly, personally or by letter, to reply to all

inquiries and to furnish all needed informationin detail.

We have prcpa- ed an exact statement ol theresults of $3,601,815. comprising investmentsfor individuals for the last ten year.?. Of this

amount $3,310,117 were paid promptly with in-

terest in full when due, or over 94 per cent.Of the*191,428 unpaid at maliiritv there hisnow been paid $ 1 1«,180, with an added interestOt $'3,130. leaving yet to he collected $73,V48,which Is principally due from a few later dclin-qnents, Is biing rai)ldly paid up, and isabsolutely sood. So It wl'l bo seen that 98per cent or all tills $3,,'iOI ,84.^ rapitallias been already returned nltli ralesof Interest varyinft ft-om 7 to 8 pereeiit, and that only '2 per cent is now un-paid. What other class of investment secuii-ties, taken at an average, will show such arecord as thisiWe solicit investors to investigate our meth-

ods and the character of tbe loans.

ITiiiauciitl.

Geo. H. Prentiss & Co.,

No. 49 WALI. ST., NE^V YORK,AND

308 raONTAGlTE ST., BROOKLYN.

OAS STOCKSAND

GAS SECVRITIES,Street Railroad Stoclis aud Bonds

AND ALL KINDS OF

BROOKLYN SECURITIESDEAIiT IN.

8KB GAS QUOTATIONS IN THIS PAPER.

a BO. H. Printiss, w. W. WalshMember N. T. Stock Ezchanve.

Car Trust Bonds.WB MAKE A SPECIALT? OF TUESE VERY

SAFE SECURITIES, AND BUY AND SELL SAMEAT MARKET PRICE.WB OFFER A LIMITED AMOUNT OF DE8IR

ABLE CAR TRUST ISSUES, ADDITIONALLYSECURED BY THE DIRECT OBLIGATION OFTHE RAILROAD EQUIPMENT COMPANY.

POST, MARTIN &, CO.,No. 34 PINE STREET.

Albert E. Hachlield,No. C AVAIil, STREET.

Bonds and Investment Securltloi

AV A N X E n :

Home Wutertown & OKdensburg Ists and 2ds.Oswego & Rome Bonds..loliet & Northern Indiana Bonds.Terre Haute A Indiananolis Stock.Me.Ticun (Corliss) Bonds.Grand Rapids & Indiana Bonds and Stock.

Reed & Flagg,

Duncan Building, Cor. Nassau & Pine StB.

ENTRANCK NO. 11 FINE STREET,

BROKERS AKD DEAIiERSIN

B O TV I> S.

FOR SALE:HOUSTON WEST STRERT & PAVONIA FERRY(HOUSE) RK. 1st Mortgage 7 Per Cent Bonds,

Interest January and July, due ISOI, at 113;^ andaccrued interest.

At that rate they pay 5J4 per cent on the Investment.

J. P. ^vintrinoiiah,3(S i'lNE STREET. N. Y.

N. T. Beers, Jr.,

Brooklyn Securities, City BondsGas Stoclis, &e..

No. 1 NEW STREET,NKVy YORK.

TO HOLDERS OF I>EFAUI.TEI>BONDS.

The undersigned Invites correspondence withholders of all WKSTEUN DEFAULTED OR RE-PUDIATED BONDS of ClUe.i, Counties, Townshipsor School Districts. Will purchase at boat rates.Give full description and address

T. jr. CHEW, JR., St. Joscpb, mo.

Spencer Trask & Go.,

Bankers,HAVE REMOVED TO

16 & 18 Broad Street,- diexl Door to Slock Exchange.)

Branch Offices:

PUILADHLPIirA.ALISAyr, K. T.

rilOYIUEKCE, It. T.

SAliATOGA, X. r.

Page 7: May 3, 1884, Vol. 38, No. 984 - FRASER · ft THECHRONICLE. fvoL.xxxvin. WOVldQU%XCh^UQZ. Drexel,Morgan&Co., WAIiliSTREET, CORNEROFBROAD,NEWYORK. Drexel&Co., (Drexel.Harjes&Co NoMSouthThirdStreet

kmmHUNT'S MERCHANTS* MA6AZINS«

REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES

VOL. 38. SATURDAY, MAY 3, 1884 NO. 984.

CONTENTS._^ THE CHEONICLE.The Financial 81tnntlon 519 I Monetary and CommeTolalpiirDliiilnlMhliiKl-'oriMm'nTrade 5-^3 I EngUah News 527Cutton l'<>M8uin|iti«u nud Oror-

I(Jommerolal and-Mlgoellaueoos

Und MDvcmcnt to Miiv I 524 I News 529Finauclal licvlcw of Aiiril, '8i f>i:6

1

THE BANKERS' OAZETTE.Money Market, Foreign Ex-ohange, U.S. Securliios. 8t«teand Kaiiroiid Bouds andStocks 530

Range In Prlcon at the N. Y.Stoek K.'cchuui;e 531

Railroad Earnings and BankReturns ,'532

General Quotations of Stocksand Bouds 533

Investments, and mate. Cityand Corporatloa Finances. . . 539

THE COMMERCIAL TIMES.Ownmerolal Epitome .'1-12

| Breadstiiffs ."ji?Cotton 542

I Dry Goods 518

Thi CoSmeecul and Fisaucial Chkokiclb m published in^ew York ctery Saturday morning.

I Entered at the Post Otlioe, New York. N. Y.. as seoond-olass mall matter.)

TERMS OF SUBSCRIPTION-PAYABLE IN ADVANCE s

For One Year (Including postilge) $10 20For Six Months do G 10Annual subxcripUon in London (Including postage) £2 Vs.Sixmos, do do do «1 Ss.

These i>rlce« include the Investors' Supplement, Issued every othermonth, and furnished without extra charge to subscribers of theChbosici.k.Subscriptions will be continned nutil ordered stopped by a lorilten

arder, or at the publication office. The publishers cannot be responsiblefor remittances unless made by Drafts or Post-Offloe Money Orders.

liondon Oflice.The office of the Commkhcial and Financial CnBOXicLK In London

ts with Mefisre. linwAUDS & WiiTU, 1 Drapers' Gardens, E. C. wheresubscriptions anil advertisements will bo taken at the regular rates,And sluKle copies of the paper supplied at Is. each.A neat tile cov,t is furnished at do cents; postage on the same is 18

cents. Volumes bound for subscribers at $1 00.

WTtiiAM n n4vi ) W^il-MAOT B. DANA & Co,. PnblUhera,John O txolD f

79 d; 81 Wllllani Street, NKW YORK,Post Oikick Box 958.

TBE FINANCIAL SITUATION.The features of tlic week }iave been an easier market fox

foreign e.xcliango checking in a measure the outflow of

gold, a slight downward turn in the speculations in

grain and cotton (the latter affecting prices of goods and

giving a further impulse to the short-time movement), a

variable market with a tendency to still lower prices on

Wall Street, and the failure of a large operator in stocks

here and of a large operator in grain in Chicago and St.

Louis. With the exception of the variation in foreign

exchange, these occurrences have had no effect on the

general situation, which has continued spiritless and do-

pressed, more under the influence of fear than of actual

loss. For in mercantile circles although profits are small

and goods are in some departments accumulating, there

is undoubtedly a very fair amount of business in progress

while labor is in general very well employed.

It should bo kept in mind tliat, under existing condi.

tions, the present volume of our domestic trade can by no

means be measured by our foreign trade movement. The

latter is unnatural, thoroughly deranged through the in-

fluence of currency conditions which we have so often ex-

plained. We would call the attention of our readers to

an analysis, in a subsequent column, of the March figures

of imports and exports, issued this week by the Bureau of

Statistics. That statement gives the exports at only .50^

millions, but the imports are nearly 61 1 millions. There has

been no March since the resumption of specie paymentswith so small a record of exports, while the imports

during that month have reached a similar total only two

years during the same period. That is to say, after along season of depression in our industries, with consump-

tion evidently restricted, prices here compared with prices

at European markets rule so high, as not only to prevent

our own products from leaving us to the extent of even the

worst of above years, but also to attract foreign products

in greater amount than in most former years. Some will

claim that our exports are small because our crops were

small. That is only in part true. Crops were Hot so largo

last sum'mer as they were the previous year, but were very

much larger than in 1881-2, and in fact, taken together,

probably larger than any other year except 1880. Besides,

as business is depressed, products other than food ought to

go out in greater volume than during more active yeare

that is, values ought to and would, if the influences were

wholly natural, conform to the conditions of trade so as to

produce that result. Furthermore, and for the same rea"

sons, our imports should be running low. But instead of

such results, we are importing freely and exporting spar-

ingly.

In this connection the Government revenue figures for

April, which we have received through the kindness of !Mr.

Folger, Secretary of the Treasury,*are interesting, giving

us as they do something of a guide for estimating the for-

eign imports for April, while at the same time further

showing the opportunity there is for relieving the industrial

situation by largo tax reduction. It seems that the customs

duties last month reached a total of nearly 1')-^ million dol-

lars, against 13 million dollars a year ago, and the intei'nal

revenue receipts were over 10 millions, against 9.J- millions.

The monthly figures for tliis and last fiscal year are as

follows.

Btetiptt/or—

Istiir.JulyAnKuat ...

September.

TotalMqr.

OctNovember.December

.

Total8d qr.

JaoFebmarr..

Total4t:i qr.

April......

1883-84.

Ciuloms.

«£0,909,200

18,585,1 is

17,789.039:

InttmalJievenue.

«8,684,337

U,844,8U0

10,I8S,28«

S7,«83,g67 88.0 i 3,448

I8.732,6i3

13,571,S3S

13,341.1^

11,309,033

11,205,085

»,8SS,«8S

MUtellan's

Sources.

1882-83.

Ciutonu.

«2,207.2871

2,7!>8,I'14|

2.170,905;

Intrmal MlfceVan'tRevmu^ I Sounn.

*10,9eO,«37

23.SS«,iei'

21,44n,S23

U.2SS.187

18,72S.»13|

13.«ri.8S3

4.132,023

8,-07,615

1,920,281

7,180,300; (M.7«.ISI 88.44U.U«3i »,Heu31g

3,035,014

4,iea.iB3

1350,854

43,065,1401 32.403,353 8,942.409

18,788,313

15,129,755'

14,git2,3Ml

ii.ftsi.an

l2.<Ha.333

12,U7.8iel

1,434,A8U

s.atfS.BW

4,450,483

48,880,«B3| 30.395,308, 8,67«,«2T

16.3i8,323|

10.871,788

lo.sosAea,

«.490,019

7,509.489

9,739,718'

2.091.2 3I

,3,10.0,487

l,8n,498

17,100,577

I8.9I8.O43I

18,828,404

11.584,340

8,801,103

11,886.0601

3,V01A«>7,s05,ait

1,;M,74S

40,718,584

I55l8»8

Kws.s- ,005

25,830,126

lio,lM^!iS8

97 54 -""

8,000,188

1,088,005

5,1.ATn nnz

58,711,084

18,074,810

88.388,001

0,(Kl,7ni!

18,8Ul,40a

3.<e7.«sl

Page 8: May 3, 1884, Vol. 38, No. 984 - FRASER · ft THECHRONICLE. fvoL.xxxvin. WOVldQU%XCh^UQZ. Drexel,Morgan&Co., WAIiliSTREET, CORNEROFBROAD,NEWYORK. Drexel&Co., (Drexel.Harjes&Co NoMSouthThirdStreet

520 THE CHEONICLE. (Vol. XXXVUl.

It should be said, in explanation of the above, that in

1883 a larger portion than usual of our imports went into

warehouse to await the tariff reductions which took effect,

some of them the first of June and others the first of July.

Hence the customs duties paid that month did not probably

bear the same relation to the total imports that they do

this year. We may consequently estimate the imports this

April at say 59 millions, against 57 miUions in 1883. The

internal revenue receipts were also smaller last year than

they otherwise would have been, some payments having

been held back until after May 1st, at^ which date the

changes in the internal i-evenue taxes went into effect. The

foregoing figures, however, go to confirm our estimates and

suggestions made April 5 (page 400) with reference to our

surplus for the next fiscal year and the pressing need there

is for tax reduction. To further illustrate the same truths,

we give for two years the following, showing first the total

merchandise imports during each of the ten months, sec-

ond a similar statement of the customs receipts, and third

the percentage the customs receipts have borne to the total

merchandise imports for the same months.

i883-84. 1382-83.

iferchan-

diM Inip'tn

CustomsReceipts,

Per Cent

of CustomsMerchan-

dise Imp^ts

CustomsReceipts.

Per Cent

of Customs

JulyAugnstSeptember .

*

56,980,030

68,633,731

51,180,414

20.909,290

18,586.148

17,780,529

36-70

81-70

34-80

«65,804,878

65,718,433

63,409,587

19,050,637

23,332.101

21,446.328

30 3235-50

33-82

Tot. Ist qr.

.

166,735,07557,283,067J

3V96 104,932,808 64,729,151 33-21

OctoberNovember...December...

57,523,076

56,606.216

53,085,746

16,752,623

13,571,335

13,341.188

201223-94

24-71

61,438,782

55,183.632

60.500.340

18,788,212

15,189,755

14,062,296

30-58

27 12• 25-15

Tot. 2dqr... 168,205,938 43,666,146 25-96 176,122,813 48,880.263 27-75

January . .

.

February . .

.

March

54,308,318] 16.338,223

54,710,607, 16,871,788

61,225,820^ 16,5(13.523

30-00

30-84

26-96

66,071,198

66,300,518

60,780,603

17.160.577

16.018.043

18,623,404

80-14

300530-64

Tot. 3d qr. . 170,«44,715| 49,713,5341 89li0 174,052,819 62.711.024

13,074316

30-28

April *59,D()0,000j 15,213,858 25-70 67,006,905 22-94

Total all.... 564,186,753 165.876,005 29-40 602,114,935 179,34)5,-e54 29-79

• Estimated.

For the reason we have stated, no conclusion can be

drawn from the April percentages. The final or total per-

centages are a more correct indication. According to

them the customs receipts for the ten months under the

new tariff have averaged 29-40 per cent on the total

imports, against 29-79 per cent for the same months last

year under the old tariff. Such figures, taken in connec-

tion with the remarks made above, afford a pretty clear

indication of what the country needs. In fact, we believe

that any Congr&ssman who will study the present situation

carefully, with a sole desire to take such action as will

quickest relieve; the existing industrial depression, cannot

fail to conclude that, first of all, we need to have our cur-

rency reformed throughout, until it is made strictly respon-

sive to our varying trade requirements; and second, weneed to lessen at once the tax exactions which our indus-

tries are now burdened with. If we could secure legisla-

tiop in these two directions there would be little cause for

further anxiety.

The first of May Treasury statements also lielp us to fol-

low th« gold shipments of the last two months and to note

the sources of supply. During March we shipped, accord-

ing to thy. Bureau of Statistics, $11,323,334 net, andduring April, as nearly as we can figure it from the NewYork totals, the net outward movement reached about

18^ miUion d<jllars, or a total of nearly SO milUons in the

two months. The change that has taken place in the

Treasury stock in this period is indicated in the following

table, showing separately the holdings of coin and bullion,

the amount of certificates issued against the same, and thetotal of certilieiite.s actually outstanding.

May 1.

Gold colDCold bullion .

150,8."i8.604

46,686.932

Gold eertlfic'sissned. 1101.116.200

Less held 44.415.395

196,825,826

56,700,805

Net Kold notrep.-e^entedby c#tlflo'«' 139,624,881

April 1.

160,347.17460,724,333

211,071,507

104,236,4<X)36,424,850

68,812,150

142,250,357

154,883,07607,017.657

108.443,50030,609,070

1U,033,208

Here we see that the actual loss by the Treasury duringthese two months was only about 4^- miUion dollars, so it

is evident that the banks have met the greater part of the

demand. It is interesting to observe, however, how the

different items of the_ Treasury's holdings have beenaffected .under the drain. It has been cheaper to ship

bai-s, so the demand has been mainly for these, andthe Treasury has been the source of supply. This is seen

ill the fact that while on the 1st of March the Treasury

stock of bullion counted for $67,017,657, on the Ist of

May it counted for only $45,686,932, or nearly 21^millions less. But while this movement of bars out of

the Treasury has been in progress, the movement of certifi-

cates in, has been equally large, and this of course has offset

the loss on that account. The gold certificates outstand-

ing have been diminished in two ways: first by a reduction

of the amount issued from $108,443,500 to $101,116,200,

and secondly by an increase of the Treasury holdings of

the same from $30,600,070 to $44,415,395, the two togeth-

er involving a decrease in the amount outstanding of

$21,142,625, or only a little less than the whole decrease in

bullion. The falling- off in the stock of coin has been

about $4,200,000, which is nearly the same as the net loss

of all kinds of gold by the Treasury in the two months.

Turning to the bank figures, we find tliat whereas the asso-

ciated banks of New York held $76,848,200 specie on the

1st of March, on last Saturday, April 26, this had been

reduced to $58,215,300, a decrease of §18,632,900. Add-

ing this to the Treasury loss, we get a total loss of about 23

millions, against the 30 millions sent out, leaving 7 million

apparently unaccounted for. But last week's bank state-

ment, on account of the system of averages, did not

reflect in full the loss of the previous seven days, while

the exports of gold on Saturday, and again on Wednes-

day of this week, did not of coui-se count at all in that

statement. Further, as the movement of currency has all

along been in favor of this centre, it is to be presumed that

by an inflow from the banks of other sections our banks

have been able in part to replenish the loss on account of

the export movement.

But this outflow of gold has, as already stated, teui

porarily received a check this week, rates for sterling ex-

change having been reduced on Thursday so that nowactual business is being done at figures which afford

little or no profit for shipments. The reasons assigned for

the reduction are, the little better request for money here,

the glut of money in London, and some addition to the

supply of bankers' drafts. On the latter point we hear of

bills of over .£300,000 drawn against investments by

British capitahsts in ' Southwestern lands. Another addi-

tion to the offerings came from bills drawn on South

American accounts. These, together with drafts

against a variety of shipments, have made for the

week a fdirly good supply. Those bankers whohave been fortunate enough to secure these bills have had

no occasion to send gold. Others whose engagements at

the other side have been more urgent have continued to

ship and are still shipping, although the profits in making

exports have been fractionally reduced by the inability to'

obtain from the Assay Office bars of a degree of fineness

greater thail 900, or to get from the Sub-Treasury any

more double eagles. This fact of itself would tend to re-

Page 9: May 3, 1884, Vol. 38, No. 984 - FRASER · ft THECHRONICLE. fvoL.xxxvin. WOVldQU%XCh^UQZ. Drexel,Morgan&Co., WAIiliSTREET, CORNEROFBROAD,NEWYORK. Drexel&Co., (Drexel.Harjes&Co NoMSouthThirdStreet

Mat », 1884.] THE CHRONICLR 621

tard shipinunts; but it would bo no bar to exports in case

there was any groat urgency in the demand for remit,

tanoe. If foreign bankers find tliat tliey can employ any

largo amouuLs of capital on safe loans running for

periods long enough to make it an object,

they may draw liberally and thus keep the

rates of exchange at or a little below current

figures until such time as bQls made in anticipation

of the movement of " the \ next crop of cotton

become available, which will be towards the end of June.

But at least so long as our imports continue large, wecannot exj>ect that the condition of our trade will justify

any material reduction in the rates for sterling. The

exports of gold this week amounted to $1,777,654 77 on

Wednesday, and $302,366 92 ou Thursday. It is expected

that the steamore saihng to-day will take $700,000.

In the stock market the transactions have been large

fhis week, but, as already stated, the tendency of prices

has been toward lower figures. There has also bccu

evidence of the throwing over of large blocks of stocks,

some of which have been held for a long time by parties

abimdantly able to carry their holdings, but who have

doubtless sold becnu=c dissatisfied with the representations

of those by whom tliby wdre fll-st induced to buy. Last

wbek and previously Union Pacific was manipulated in the

directiou of higher prices. Tliis week the same stock has

bSen poured upon the market under circumstances which

seem to give some weight to the report that the pool whobought it nearly ten per cent higher have been forced to

unload. Large blocks have also come from individual

holders, and the bears have been able to cover their short

contracts fi-ora the abundance of long stock.

On Monday Reading, the coal shares and the grangers

were raided, the latter on a rumor, subsequently denied, of

the rupture of the tripartite pool. The denial of this rumor

was accompanied by the statement that the conference be-

tween the Quincy and the Union Pacific had resulted in

the appointment of commissioners to examine and report

upon percentages for eight separate pools at as many differ-

ent "Western points, and it was stated that the prospects

were good for an amicable adjustment of all the

differences between the roads- in that section. On Tues.

day morning a calling in of Lake Shore started a covering

movement in the other oversold stocks, and the market was

generally strong until the afternoon, when it became

unsettled by liberal sales of Western Union, Union Pacific

and Central Pacific. The decline was arrested by a sharp

advance in Central New Jersey and Reading, but

the effect of this movement was only temporary

and the tone was weak at the close. In the afternoon of

this day an injunction was obtained in one of the State

courts against the New Yoi-k "West Shore & Buffalo, but

the papers were imperfect and the writ was annulled the

next nioming, causing a sharp recovery in the bonds

early on Wednesday. There was also at the same time a

manipulated rise in the stocks which were weakest the day

before, and after a raid upon Lake Shore and Louisville &Nashville, the market was generally strong until the late

trade, when news that Mr. James R. Keene was unable to

meet his engagements on privilege contracts caused an

unsettled feeling for the remainder of the day. On Thurs-

day the market was again manipulated in the direction

of higher prices, the smaller beai"s covered their short con-

tracts, and with the exception of occasional re-actions, the

movement was upward until the last hour of business.

Then disquieting rumors aided the bears in a demonstration

upon Western Union, L'nion Pacific, Denver, and the

Gould specialties, and the market was weak at the close,

Western Union selling at 60A, against 56 in 1877, the

lowest price, previously recorded, and Union Pacific aX

61, against 57^ in 187U. The fall in Western Union wmin part due to the reduction of rates on mesaagee, wliich

went into effect Thursday. On Friday there was a frac-

tional advance at tlie opening, but under renewed depre*.

sion in Union Pacific and Western Union (the former

dropping to 57J and the latter to 59}), the whole marketbecame weak ; later, a rise in the Northern Pacific stocka

(on reports of large earnings) was one of the features of

the day, but the close was quite irregular, though gener-

ally somewhat better.

, Central Pacific has not yet issued a report of itaoperfttions

for the year 1883, though we have just entered upon the

fifth month of the year 1884. But this week there comee,

by way of ('ahfornia, a statement of the company'sincome during 1883, which, in the absence of tlie detailed

report, will repay a few moments' study. It shows (what

was known before) that the company's gross income durin]g

tlie year fell off in amount of nearly a million dollars, but

it also shows that expenses were reduced over $400,000 at

the same time, so tliat the loss in net is only $563,000.

Stillj'as the balance remaining in 1882 was hardly more than

nominal, this farther loss in 1883 makes the company show

a deficit in meeting its 6 per cent dividend of $4 30,235^

and tliis has caused unfavorable comment. Ilow the

present statement compares with those of the two

years preceding, made up in the same way, appears be-

low.

Central Pacific R. R.

Gross earniugsOther Income—lauds, &o

Total groBS incomeOperating expeuBes, taxes, &o.

Net Income.

Paymentt—InterestSinking fonds & United States.

Balance applicable to dividendDividend at 6 per cent

1883.

24,744,421938,860

25,683,28116,672,770

9,010,511

3,546,5912,337.R2o

5,884.216

3,126,2953,556,530

Resalt.. —430,235

1882.

25,662,7571,012,74.3

1881.

24,094,1011,295,156

26,675,50217,101,7671

25,389,25714,579,428

9,573,735

3.443,4132,538,680

5,9S2,093

10,809,829

3,508.2922,407,780

5.916,072

3,591,6423,556,530

-1-35,112

4393,7573,556,530

1-1.337.227

As compared with either 1881 or 1882—and especially

the former year—the exhibit is unsatisfactory ; but taken

by itself, the result for 1883 is really more favorable than

appears on the face. It should be remembered that the

Central Pacific has large annual payments to make on

account of its debt to the Government, on account of the

sinking funds on its own debt, and on account of the

redemption (out of land sales) of its land grant bonds. In-

this way, no less than $2,337,625 was paid out duiing

1883, and the deficit of $430,235 occurs because of that

fact. Except for these payments there would be a large

sui'plus, instead of a deficit, on the year's operations. It

is only fair to say that payments of this kind can hardly

'

be called a legitimate charge against income—certainly

not when they reach any such amount as in the present

instance. The less favorable result in 1883 than in 1882

and 1881 is to be ascribed largely to- the continued reduction

in rates as a result of increased competition, and also by

the scaling down of charges on local business by the

California Railroad Commissioners. Thus far in the

present year the same influences have been at work, and

the company also suffered an interruption of traffic byreason of the floods in Southern CaUfomia, so that its

gross receipts for the first three months fall $647,166

below those of the first three months in 1 883.

Philadelphia db Reading's exhibit for March presents the

same general characteristics as in the months immediately

preceding—namely, a continued reduction in coal tonnage,

under the restriction of production that has 1)oon in

Page 10: May 3, 1884, Vol. 38, No. 984 - FRASER · ft THECHRONICLE. fvoL.xxxvin. WOVldQU%XCh^UQZ. Drexel,Morgan&Co., WAIiliSTREET, CORNEROFBROAD,NEWYORK. Drexel&Co., (Drexel.Harjes&Co NoMSouthThirdStreet

522 THE CHRONICLE. [Vol. XXXVm-

progress, and a further large loss in gross and net earnings,

with also an additional loss on account of the lease of the

Central of Now Jersey. As the Reading is such a large

producer of coal (together with the Central New Jersey, it

now controls about one-third of the entire production of

anthracite in the country), and is so dependent upon this

item of traffic for its prosperity, the contraction in the

output of that article of coiirse affects its income

and revenues to a very great extent. How the re-

striction worked in reducing tonnage during March

is seen in the fact that the coal traflSc of the

road (allowing for the Central of New Jersey) reached only

376,773 tons the present year, agftinst 660,903 tons in the.

same month of 1883, a decline of 284,130 tons, or over 40

per cent. That is the one unfavorable feature in the Read-

ing's present position—the diminished demand, necessi-

tating a reduced output of coal. Its merchandise and pas-

senger traffic not only keep up well, but actually show

an increase on the preceding year. Thiis without counting

those on the Central of New Jersey there were carried in

March, 1884, 1,013,443 passengers, against only 970,332 in

March, 1883, and the movement of general merchandise

was 599,478 tons, against 589,828 tons in 1883. But of

course the gain here could only in very small meas-

ure offset the loss on coal. Furthermore, the

same fact that, causes the Reading to make such a poor

showing on its own line.?, has also operated to reduce the

results on the Central of New Jersey, so that there is this

month another heavy loss in operating that road under the

lease. As the figures of gross and net earnings in the

company's monthly statement do not afford a correct com-

pari.son with 1883, by reason of the inclusion the present

year of the operations of the Central New Jersey (not so

included in 1S83) we have prepared the following table in

OTir usual form to obviate that difficulty.

PMlaOdphia <t Reading RB.

Net earuiiifis of Railroad linesDeduct Cintial ol N. J., net..

Net on Ecadinf; proper . ..

Add result on Coal Co

March.

1884.

718,076lP9,73i!

518,338-115,201

Total of bolli companies.. 403,137liOason Central lease —272,311

Actual net resultI

130, '-26

1883.

690,743

Four Months.

1883-84. 1 1882-83.

3,001,390939,327

690,743,-1-11,759,

2,062,063—403,754

702,502

702,502

1,658,309—958,864

699,445

2,830,701

2,830,7^1-f 10,453

2,841,214

2,841,244

Here we see (1) tliat under the restriction in coal pro-

duction the Reading and Central of New Jersey combined

earned $602,875 net this year, while in March last year

the Reading alone earned $702,502; (2) that taking out

$199,738 for the Central New Jersey, the Reading's ownnet reach $403,137, against the $702,502 actually earned

in March, 1883; (3) that the $199,738 net taken out for the

Central of New Jersey fall $272,311 short of meeting the

monthly rental wliich the Reading assumed on account of

the lease, so that there is this additional amount to he

deducted from the Reading's net earnings of $403,137, in

order to bring the comparison back to the basis of a year

ago, before the lease was made; allowing for this, we have

net earnings remaining of $130,826 this year, against the

$702,502 which remained in March, 1883" For the four

months of the company's fiscal year—December 1 to April1—after making in full the allowances necessary onaccount of the Central of New Jersey lease and rental, wefind that the Reading had left $699,445 to ajjply to its

own charges for interest, rentals, &c., against $2,841,244in the corresponding four months of the previous fiscal

year.

The following shows rdative prices of leading bondsand stocks in London and New York at the openingeach day.

ApH 23. AprU 29. April 30.

Lond'n N.T. Lond'n N.Y. Lond'n .v.r.

ririces.^ prices. jyriees.*

123-73

prica. prices.'

123-48

prices.

a.S.4»,0. !23'48 \23H 123-?« l-^3«

U.S.4«8.; 113 29 113« U3-42 113« 11329 ly^HKrle 18 2.1 18J(i 18 04 18'4 1793 17T<2d con. 8300 835^ 82-24 HI 81-75 82)i

III. Cent. 12i-90 1275^ 1-J5-44 I25J^ 12S-33 125}^S. Y. C. 113-;8 U3H 113-2S) 113« 113-17 118>^

Reading 21-60+ 13M 20-98+ 4!'^ 20-98-1- 42S(Ont.W'n SH 8St. Panl. S2 73 82J« 81-25 81 81-37 8mCan.Pao. 4--13 47 47-13 iOH 45-90

. 40

Bioh'ge,

cables. 4-91 4-91 491

Mavl.

hi

s

May 2.

Lovd'n

pricM.*

123 U113-08

18-39

8313127-28

113-55

21-21+

82-40

47-33

tr.r.

prices.

is«84

128

113«42

on82

47>i

*-90J<

* Expressed in ihelrNew YorK equivalent,t ReadiuK on basis of $50, par value.

Money on call has been a little more active this week,

and the majority of the loans at the Stock Exchange have

been at 2@2^ per cent. The demand appears to be

entirely legitimate, and it is probably caused by the shift-

ing of loans resulting from the sharp fluctuations and the

tlecline in stocks. The movement of currency at interior

l)oints is still in this direction, and it is therefore probable

that the supply of loanable funds will continue for the

present at least fully to equal the demand. An important

export movement in whiskey from Louisville and other

distilling centres tends to relieve apprehensions which have

been felt lest the banks in those localities might be called

upon to make further advances in order to enable the

manufacturers of the whiskey to pay the tax and with-

draw it from bond. Arrangements have been made for

the export of about 2,000,000 gallons of the manufacture

of 1881, tax on which would have to be paid on May 5,

This product is being sent to Bermuda and Germany,

where it will be held at the pleasure of .the owners, and

the banks now loaning on the domestic warehouse receipts

will accept instead those given by the foreign warehouses.

The movement has already commenced, and it will jjrobably

continue until nearly all the whiskey distilled in 1881 is

exported. The following statement, made up from returns

collected by us, exhibits the week's receipts and shipments

of gold and currency by the New York banks.

Week Ending May 3, 1884. Received by

N.T. Banks.Shipped hvX.T.nanJai.

Net Interior

Movenunl.

$3,428,000

60,000

1336.000 Gain t3,P70.00O

Gold Gain. OJ.OOO

Total gold and letral tenders |i3,488,000 t356.000 Galii.t3,130,0OO

The above shows the actual changes in the bank holdings

of gold and currency caused by this movement to and from

the interior. In addition to that movement, the banks

have gained $750,000 through the operations of the Sub-

Treasury and lost $3,800,000 by exports of gold. Add-

ing these items, therefore, to the above, we have the

following, which should indicate the total gain to the N.Y.

Clearing House banks of gold and currency for the week

covered by the bank statement to be issued to-day. It

should be said that last week's statement was made up on

declining averages, while the payments yesterday by the

Treasury for interest can count only in part in this week's

averages, so the statement to-daymay not bo as favorable

as here indicated.

Wetk EnmiQ May 8, 1884.

Banks* Interior Movement, as above

Bnb-Treafl. operat'ns and gold exp'ts

Total (TOld and legal tenders

InJtoBunkt.

t3,4Sn.000

730,000

Outo/ Banta

»358.000

3,800,0M

t4,23B.00O I >4.15B.O"n

NU Change inBank Holdingt.

Galn.»«,180,OCO

Loss. 3050.000

(ialn. tSO.OOO

The Bank of England reports a loss of £1,828 bullion for

the week. This represents £147,000 received from abroad

and £148,828 sent to the interior. The Bank of Franco

gained 4,439,000 francs gold and 1,439,000 francs silver.

The Bank of Germany reports an increase of 12,943,000

marks. The following indicates the amount of bullion in

the principal European banks this week and at the cor-

responding date last year

Page 11: May 3, 1884, Vol. 38, No. 984 - FRASER · ft THECHRONICLE. fvoL.xxxvin. WOVldQU%XCh^UQZ. Drexel,Morgan&Co., WAIiliSTREET, CORNEROFBROAD,NEWYORK. Drexel&Co., (Drexel.Harjes&Co NoMSouthThirdStreet

MvY 3, 1884.J TITE rnRONTPLF. 623

Bank of Kn^lnndBulk iif Kraiiro

Bitnk of tienuiuijr ...

Total tills wo«kTotal prevlonii wwOc.

lUiu 1. 1884.

0old. aUver.

M23.323. .'.14

40.304,120j40.110,103

7,0OO,0OjI22,8OO,OOO

73.229,040 (!»,OI0,16

J

72.a92,408l02.103,33»

May 3, l^M.i.

.OoM.

C1,0H;,87710,290.58."!

7,708,300

69.073,902

68,091,838

aUvtr.

n,909.46723,305.500

05.301.057

05,279,428

The .\.«siiy Oflico imiil $17(),«02 tliroiigli the .'^uliTreas-

nry for doin«.stic bullion ajid tho Assistant Treasurer

rt«civu(l the following from tho Cuatani IIouso.

Dutia.

OonntUnn of—

DaU.Bold.

V.8. ooia Silvtr Oar-

ITota. Otrtif. tiflcata.

Apr. 23... $.'86 959 53 J13.000 $32,000 «15i,000 *87,000" 28... 831,474 50 12.000 51.000 130.000 13.t,000

" 28... 315 962 27 8,000 33,000 1.33,000 122,000" 29... 388.637 48 7,000 42,000 221,000 118,000" 30... 327.347 13 10.000 36.000 189.000 •J2 000

May 1 .. 480,506 24 11,000 59.000 249.000 101,000

Total... S2.130.967 15 $61,000 *2J3,00o 1,102,000 $713 0(

OUH DIMINISHING FOItEION TRADE.Tlie course of our foreign trade during March, which

was reflected by the early statements of broadstuffs

and provisions exports and by the outflow of gold, is more

clearly shown in the report issued this week by the

Bureau of .Statistics, of our total trade movement for the

month. Ever since last autumn the merchandise balance

has been running in our favor; but now it has been

revci-sed. and instead of an e.xces.s of exports, we have for

March an e.xcess of imports in the sum of over 5 million dol-

lars. In the corresponding month of 1883, tlio balance was

nearly 17 million dollars in our favor, so that on this one

muntli we are about 22 million dollars behind 18.H3.

With our foreign trade in such a condition and with a

further large balance duo from us for interest, ocean

freight, &c., it is not surprising that the movement of gold

out of the country should have assumed large propor-

tions. In the following table we give the merchandise im-

ports and exports from each leading port this and last year,

from which it will be seen that every port specified shows

smaller exports in March 1884 than in March 1883.

EXPORTS ASU IMPORTS OP MBKCH.\SDISB AT U. 8. POUTS.

Exports (Domesticand Foieiyn).

1884. 1 1383.

March. SinceJan. 1. March. SinceJan.!.

KewYorkNew OrleansBaltimoreBoston, AcPlilliulilphiaBan FrauciscoAll other porta

$23,097.99?!8.042,1002.4:t2,7934,943,0242,e92,5073,435,219

10,973,064

$73.4.! 7,6433:i.8Sl.350:9.0!(8,812

IJ.023.4S28,137.70118..i34,724

43,308,801

$32,141.32911.048,0304 911,708(i.-.,;33.84(i

4,0:i2.<1934,079. 3t;815,181,100

$89.438.62133.2:i8.6i)714.81^.38215.;.9.'.8.^9

9.837.77212.833,83049,102,035

Total 56,218,703

42,761,299l,.->6's90l1,274.1430.919.3843,375.4842,0.»1.4773,063,917

191,454,732

122,333.0333,522.3.^7:2.6-3.2311

10.17().4»1:9.333.086'7.808..988.0!i9.449

77,651,820

42,182,761«98,87:<

1,279.9090,873,:f4'»3,195.06.)3.239,0783,288,968

-24,887,312

123.923,1002,:83,0693.540.020

17.S9S.5897,.'.24,493

10,373.8738,300,573

Imiyorts.New Y(HkNew Oi loansBaltinioioBo.ston, fiePliUa(lel|iliin

Ban JYaniUcoAll other porta

Total 61,22.3,820 170.244.715! 60.780.fi03 174.032.319

It ^yW be noted that almost the entire difference between

tliia and last year is duo to the heavy contraction of 21.V

millions in our merchandise export.*, but it will also be

observed that the total of the imports has been maintained

at a very high figure, an^ is even half a million above tho

large movement of March 1883. The total is C>\\ millions,

and is G.J millions greater than in the month of Febiiiary

preceding. It.is true that the March imports arc almost

invariably heavier than those of cither January or February,

but in view of the fact that these latter months exhibited a

falling off from 1883, it was supposed that tho same woiddprove tnie of March, and to discover now that there has

"actually been an increase, is, to say the least, occasion for siu--

pn.v. I'tir no one cuuKl anticipiit<- in a tiiiu; i>f !>

prOHstion wlien our ex|»<)rtH are fniling to the Hiiinl.. ^

known for yearn, wlien gold an a result Ih (lowing out in «uch

amounl8 a8 to disturb the public mind—that, in thin com-

biruition of unfavorable circumstances, there should Iw nocheck or int<>rrui)tion to the imports, a diminution of wWcli

wouhl afford such a natural, ready nioanit of improving tho

situation. Tho only explanation that can be marto

is that wo have through our unfortunate currency

arrangements prevented tho laws of trmle from aoserting

themselves, so that we keep on importing goods as if in

the midst of the prosperous times of 1880 and 1881. If

gold occupied the prop(!r place in our currency, instead of

tho inferior position which it is really made to hold, tho

outflow in progress would sjieedily ajiply its own correc-

tive, and a proix.-r equilibrium bo establi.she<J. As it i.s, arecovery is delayed and for that reason more trying,

since it can come only through such a depression in

business as shall make prices reflect tho tendency of

the times. At present, it looks an if wo were approacli-

ing such a condition, and as if our imports wouldhenceforth make progress toward that lower level whichthey are bound to reach, before a permanent recovery can

bo looked for. An evidence that the large imports during

March did not go into consumption is found in the fact

that while at the beginning of the month tlio stock of

goods in the warehouses was only $30,907,627, at the end

of tho month it had reached .$33,330,212—an increase of

nearly 2^ million dollars. ""At the same date in 1883 the

amount was §3.5,469,127, but thou tho total was being

constantly added to, by reason of a disposition to keep

goods in bond to get the benefit of tlie new tariff law.

As to the exports, tlie statement that the movement i.s

21^ millions below the figure of a year ago in March, con-

veys only an inadequate idea of how small it really is. Not^ince the year 1877 have wo had in that month a total sodiminutive as tho present. To make this plain, we give

below the movement each year in March since 1877.

1877 $45,791,2861878 71,529.4981879 OC, 134,7451880 77,350,547

1881 $85,068,7941883 62,613,8721883 77.631.8201884 56,218,703

Thus the total is smaller even than in 1878 by 15 million

dollars, and as compared with the best year that March has

seen—namely, 1881—there is a falling off of nearly 20millions. Tho decrease from la^ year is, as already said,

21^ millions, and turning to see how so gi-eat a loss occurred,

we find that there has been a falling off in all the leading

staples of domestic exports—breadstuffs, provisions, cotton,

petroleum, the reduction being in breadstuffs .'j;7,3»S,416,

and in provisions $4,823,420, or together $12,206,836. Ofcotton, we have not the values, but our own statistics as to

quantity show that we only shipped 379,528 bales of the

staple this year, against 503,290 bales in March, 1883, adiminution of 123,762 bales. Prices, however, are con-

siderably higher, low middling uplands being quoted at

10^ and 11 1-16 cents respectively at the beginning andend of the month in 1884, while in 1883 the quotation was9 11-16 and 9 9-16 cents. Tho petroleum shipments also

tmderwent a diminution, if tho figures of tho movementat New York are any criterion of tho total movementfrom tho United .States, though here, too, tho average

of prices was probably a little higher than in 1883. Buttho falling off in cotton, petroleum, breadstuffs and pro-

visions does not apparently account for the whole of tho 2 1 ^millions loss in tho total exjwrt.8, so the conclusion is, that

general and miscellaneous items of exports must also have

been of smaller amount this year. The breadstuffs and

provisions movement from each leailing port ia shownbelow.

Page 12: May 3, 1884, Vol. 38, No. 984 - FRASER · ft THECHRONICLE. fvoL.xxxvin. WOVldQU%XCh^UQZ. Drexel,Morgan&Co., WAIiliSTREET, CORNEROFBROAD,NEWYORK. Drexel&Co., (Drexel.Harjes&Co NoMSouthThirdStreet

524 THE CHRONICLE. [Vou ZX2VIIL

EXPORTS or BREAD3TUFF3 AND PROVISION'S FROM LEVDING PORTS.

Breadstuffs.

New York.New OrleansBaltimoreBostonPliil.adelpliia ...

San Francisco..Otber ports.....

Total.,

Provisions, <£<;.

New YorkNew OrleansBaltimoreBostonPbHadelphiaSan FranciscoOther ports

1884.

March. SinceJan. 1.

3,097.401345,080

1,112,3471,337,588329.378

2.551.8651,083,907

10,458,406

3,716,35117,19624,179

740.70 1

666.76543,585

402,149

12,71^^9,3951,012,1074.194.4184.070,1801,569,4495.842,1763,309,789

32,827,514

14,419.677!

41,578i93,204

3,045,0491,740.517106,425

2,211,132

1883.

March. Since Jan. 1.

6,959.4321.820,5622,979,5501,275,7891,589.1932,784,608432,748

19.271.7263,482,5888,374.7493,211,3883.4?8.7479.658,8442.012,427

17,841.8821 49,450.469

7,561,8.508,231

92.6981,516.858913,30158,225

283,162

Total*I

5,610.9051 21,657,58211 10,434,325

21.936,80326,936

747,5544,748.4332,574,997125,994

1,014,393

31.205,190

* Not including lire stock.

But it is not only our merchandise staples of export which

show a smaller movement. There is one other commodity

which we produce in abundance here and for which we ought

to find a foreign market in increasing amounts, but which

also records a falling off. We refer to silver. Remembering

that the merchandise balance was against us this year,

while it was largely in our favor a year ago, and that we

have plenty of silver and no gold to spare, one would

naturally suppose that a greater amount of silver had gone

out this March in liquidation of our indebtedness than in

188,'?. Such is not the case. "We actually exported more

silver in March, 1883,'when our trade balance did not require

any shipment of the precious metals in settlement, than we

did this year, when such shipment was imperative. In

1883 the silver exports for the month aggregatod

$2,957,474; tliis year the amount was only $2,088,103,

though we also imported about $300,000 less. Of gold, on

the other hand, we shipped $12,224,13.5 this year, against

which $900,801 imports were received, making the net ship-

ments $11,323,334; while in 1883 only $284,180 was sent

out and $3,244,859 was received, making the net ingo

then nearly 3 million dollars. What liotter illustration

could possibly be given of the effect of our over-valuation

of silver and undervaluation of gold. We hold on to the

poorer and get rid of the better in making settlements

for merchandise debts.

Returning to the breadstuffs exports, it is of course

unnecessary for us to say that wheat and flour are mainly

responsible for the falling off. But corn is hardly less

conspicuous in this respect, and in partial explanation

it should be said that the shipments of this cereal

last year were unusually large by reason of tho

fact .that there was a heavy demand just at that

time, the crop of the season of 1881 having left a

large shortage which could not be met out of that of tho

season of 1882 until the early months of 1883. The

decrease in the shipments of wheat continues to be more

marked tlian of flour, and we have again to note that in

value the two very closely approximate each other. Thus

the value of flour exported was $3,618,617, while of wheat

it was $4,387,514, or but about $700,000 more. Rye, as

in previous months, is noteworthy for its gains. Follow-

ing are the figures.

EXPORTS OF BREADSTUFFS IN MARCII AND SINCE JANtTARY 1.

Quantity. Tmlue.

March.1881. 1883. - 1881. 1883.

Barley bush.Com bush.Corn-meal bbls.Oats busb.Oat-moal poundsRye ...busb.Wheat busb.Wheat-flour ...bbls.

41.0863,485,663

18,91543,179

1.385,524330,604

4,250.355664,(198

41.5858,193,829

17,65410.753

83.8206,158,652810,405

922.197

2,061,04061.92123,60335,991

1 240,9804,387,514;),618,017

$31.541

5,638,18963,04411^834

64,5177,265,0884,767,669

Total 10,458,466 17,841,882

Since Jan. 1.

Barley busb.Com busb.Corn-meal bbls.Oats bushOat-meal. . . poundsRye ...bush.Wbeat bush.Wheat-flour... bbls.

Total.

Qitantity.

1884.

154,76f.9,133.86!>

52.48487,271

7,463,1061.007,114

13,269,1072.139,044

1883.

72.49517,669.264

56,18959,592

*

195,09616,829,9832,618.524

Yahie.

1884.

11)3.9105,636,409173,23045,248

218,659724.625

14.f37.72511,837.708

32,827,.il4

1883.

52,32612,208,513

20",13534.626

153,84021,368,11115,432,918

49,450,469

* Not stated previous to July 1, 1883.

In the provisions and dairy exports the loss is heaviest

in what are termed pork products, but with the exception

of tallow there is not a single item in our table that does

not record a large decrease from the month of March, 1883,

as will appear from the subjoined statement.

EXPORTS OF PROVISIONS IN MARCII AND SINCE JANPART 1.

Qitanlity. ] Value.

1884. 1883. 1884. 1883.

Live Stock- $ $Cattle No. 9,360 11,556 712,633 1,121,119Hogs 275 323 3,163 5,011

Beef Products

-

Beef, canned.. 154,568 4.54,719Becl',frc8b,lbs. 10.240,738 12,665,042 1,048,882 1,351,232Beef, salted... 2,719,805 4,521,523 236,004 399,441Tallow 4,691,529 4,027,538 378,979 304,454,

Pork. Products—Bacon 10,850,397 37,663.668

6,664.3681,786,777305,047

4,011,231823,367Hams 2,521,810

Pork, fresh.salted, &o.. 3,101,899 5,062,254 273,888 485,146

Lard 10,187,409 15,882,016 1,037,433 1,844,699Dairy Prod'<ts—Butter 1,146,093 2,076.382 215,.%31 381,524Cheese 1,502,674 3,391,145 173,796 379,309

Total •5,610,905 *10,434,325

Since Jan. I.

Live Stock-Came No. 30,535 22.092 2,851,191 2,131,801Hogs 4,100 7,613! 59,681 135,895

Beef Products—Beef, canned.. 791,990 1.116.710Bcef.fresh.lbs. 29,979,336 28,591,578 3,0»8,298 3.006,185Beef, salted .. 9,655.,536 13,135,533 801.940 1,139.761Tallow 14,318,42J 10,504,889 1,114,046 826,288

Pork Products—Bacon 81,166,180 117,390,054 7,857,869 12.206,418

14,639,611 19,427,824 1,833,37.'! 2^376,571Pork, fresh.

salted, &c. .. 12,644,388 19,043.327 1,078,461 1.830,615Lard 35,157,136 62,230,144 3,440,294 7,028,338

Dairy Prod'cts—Butter 3,059,394 3.893,494' 358,557 744,306Cheese 9,710,759 8,206,738 1,109,746 909,965

Total 1 "21,657,582 •31,205,190' Not including live stock.

COTTON CONSUMPTION AND OVERLANDMOVEMENT TO MAY I.

We bring down our overland statements to-day to May1. The figures now cover tho first eight months of the

crop season.

0\T!HT.AXr> MOVEMENT TO JIAY 1, 1884.

The gross rail shipments during April record a decrease

from the figures for the same month of the two previous

years, the month's movement being 80,276 bales, against

89,155 bales last year and 80,683 bales in 1882-; for tho

eight months the total now reaches 953,946 bales, against

1,078,811 bales and 997,768 bales respectively for the same

period of the two preceding seasons. In the net movement

tho falling off is equally decided, the April figures being

only 20,398 bales, while in 1883 they were 27,538 bales,

and in 1882 reached 35, 157 bales. The total for the season

up to date is 546,726 bales, against 599,862 bales last season

and 429,630 bales in 1881-82. Our usual table, giving in

detail the movement for tho eight montlis of this year and

the two preceding years, is as follows.

OVERLAND FROM SEPTEMBER 1 TO MAY 1.

Since September I, shipped—From St. Louis

Over Illinois Central

Over Cairo & Viucennes

Over the MissLssippi River, above St. L.

Over Evansville & Torre Haute

Over JeffersonvlUe Mad. & Indianapolis

Over Oliio & Mississippi Branch

Over Louisville Cincinnati & Lexington

Receipts at Cincinnati by Ohio River. .

.

1883-84. 1882-83. 1881-82.

287,15254,406

165,140

76,485

*24,8O0

48,68979,664fl,383

20,639

387,50821,418

189,075

103,49426,061

43,429

56,31247,368

40,319

332,958

5.271

140,035

95,96914,927

90,36721,05090,21352,238

' This month's movement estimated.

Page 13: May 3, 1884, Vol. 38, No. 984 - FRASER · ft THECHRONICLE. fvoL.xxxvin. WOVldQU%XCh^UQZ. Drexel,Morgan&Co., WAIiliSTREET, CORNEROFBROAD,NEWYORK. Drexel&Co., (Drexel.Harjes&Co NoMSouthThirdStreet

Mat 8, I884.J THE (.^HRONICLE. 525

Be<Mili>t« nt Cluvluuatl by Cln. South'rn

Orer utlicr routon

Bhlpped to lullU, not luoludad above...

Total grou OTerland

Dtdiut-ReoeliiU OTerland at N.T., BoatOD,<ko.

Bblpiiients between (or South from)

Weetorn Interior towoa

SMpmenlt inland (ttot olUcneise deduct

Id) from—Qalveston

New Orleans

MobileBavauuoli

Charleston

North Curollua porta

Virginia iwrte

Total tu be deducted

1383-84.

71,0i7

57,414

6,247

993,046

346,908

43,684

100228

133001,160

961.214

1882-33.

68,S1S

76,065

8,284

407,220

546,726

1,076,811

439,378

14,314

5087

21,063

7542,453

1881 82.

122,3tia

12,251

14,12 7

997,768

443,497

5,511

11,192

15,097

70,089

4.768

8.084

478,949, 568,138

599,862 429,030leaving total net overland*• This total luoludea shipmcuta to Canada by rail, whloh, slnoe Sept. 1,

1883. amount to 18,443 bales.

KECEIPT8, EXrOKTS AND BPINNERS' TAKINGS.

The falling off from previous seasons in the receipts at

the ports, noted last month, has continued during April.

The month's movement has been only 111,755 bales,

against 284,519 bales in 1883 and 147,595 bales in 1882,

making the total for the eight months 4,706,873 bales,

•gainst 5,630,189 bales for the same period last season

Mid 4,438,235 bales in 1881-82. Exports during the

montli exhibit a marked dechne fi-om the two preceding

years, reaching the small total of 186,098 bales; for the

same time last year the figures were 388,058 bales and in

1882 reached 352,348 bales. For the eight months of the

season the total exports reach 3,509,981 bales, against

4,106,241 bales in 1882-83 and 3,038,206 bales in 1881-82-

Port stocks are now about 103,389 bales below those at the

same time in 1883, and the stocks at the interior towns

are fully 80,000 bales* less than on April 30 last yeai-.

The receipts, exports and stocks, presented in our usual

form, are as follows : ,

Jfotwment /romant. 1. 1883 to

Mavl. 18IM.

BalTMtOBladlanoU, Ac.

MawOrleang....

BectifUtinct

Sept. 1,

avannah ....

Bnuuwlck, AcCharleston

Port RoyulJtcWUmingtODHoreh'dC. Ac

NorfolkWestPolnt,Ac

RawToric

S86.053

8,407

1,4»1.4£1

290.:)S2

42.742

016.887

7.»34

412,967

13,629

91.478

12,S%67-2.030

820,181

108J.88

169,563

24,854

47,224

BalttmorePhUadelphla,Ac

VOtal 1883-84.. . 4,700,8:3

Total 1882-83....

Total 1881-82....

RtceipU

Sevt-t

785,470

16.29.J

,87.-i.060

301,307

18,230

788,786

5J08Bse.iio

28,707

125.123

18.719

753.218

217.232

I31,il3

162,826

51.000

90,839

S.630.189

4.483.238

XPORTS SINCa 8KPT. 1, 1883. TO—

OrtatBritain'

France.

249,588 91,766

710.389 »13,IS3

86,167 ...

3.704 ...

I55,&«S 13,436

108,568, 21,497

2,640| ...

43,4181 ...

222,793

31,120|

320,012;

98,313,

100,593

85,1H8

29.825

1.898

2,188,170 447,576

2,453,283 398,124

2,028.4881 3iaj61

ContCnent.

300,298

1,380

188,717

131.199

9,650

3,829

20,588

81,461

3,423

366,730

I,353,»I0

67,537

8.704

337,799

264,261

6,190

47,242

243,381

31,120

431,301

101,766

54,774 187.285

3,638 88,830

871,236

Stockt

Alai/l.

9,229

145 088

8,821

5,778

6,981

8,C07

6.423

1,254,85!

693.157

3,500.981 856,037

4,106,241

3.038.206

346.633

6,7-.»

8,029

9,328

610.804* Great Britain exports include to the Channel.

Using the facts disclosed by the foregoing statements,

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

a market through the outports and overland, and the

Southern , consumption since September 1 this year and

the two previous years, is as follows.

Beoelpts at the porta to May 1 bales.

Ket shipments overland dunn); same time

Total receipts bales.Southern consumption since Septembei- 1.

Total to M.iy 1 bales.

1883-84. 1882-83.

4.70H,873 5,630,189546,7 :!6, 599,86-2

&,233,.^99 6.230,051264,000j 275,000

5..'\17,599 6,505.0il

1881-82.

1,438.2354-29,630

1,867.865210,000

J,«77,8o6

The amount of cotton marketed since September 1 in

1883-84 is thus seen to be 987,452 bales less than in 1882-

83 and 439,734 bales more than in 1881-82. To deter-

mine the portion which has gone into the hands of North-

em spinners during the same period, we give the following.

Total TCoalpU to Mar 1. 1884, aa aboT* bal«A S^17,8Wtook on hand ootnmonoement of raar <8«pt. 1, 1883)—At Northern porta 18a,liiO

At Southern porU 06,026 —232,106At Providence, dko.. Northern Interior market*, 0,011— 937,117

ToUl supply to Hoy 1, 1884 0,764,716

Of this supply there has been exported

to foreign ports slnoe 8ept.l, 1883.3,600,081

liSsaforelgn oottoa Included 7,233-8,602,728

Bent to Canada direct from West 18,443

BumtNorthand South 12,657

Stock on hand end of month (May 1, 1884)—At Northern ports .^ bates. 370,710

At Southern ports 185,327— 596.037

At Providence, Ac, Northern Interior markets 0,073—4,008,088

Total takings by spinners slnoe September 1, 1883 1,655,773

Taken by Southern spinners 364,000

Taken by Northern spinners >lnce September 1, 1883 1,301,778

Taken by Northern spinners same time in 1882-83 1,538,968 -

Decrease in takings by Northern Spinners this year, .bales. 147,100

The above indicates that Northern spinners had up to

May 1 taken 1,391,778 bales, a decrease from the cor-

responding period of 1882-83 of 147,190 bales and from

the same months of 1881-82 of 1,109 bales.

AMOUNT OF CROP NOW IN SIGHT.

In the foregoing we have the number of bales which

has already been marketed this year and the two previous

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

crop which was in sight on May 1, compared with previous

years. We reach that point by adding to the above the

stock remaining at that date at the interior towns, less

stock held by them at the beginning of the season. In

this manner we find the result for three years on May 1 to

be as follows.

Total marketed, as above—bales.Interior stocks in exofess of Sept. 1

Total in sight bales.

1883-84.

5,517,59935,000

5,552,599

1882-33.

6,505,051168,000

6,673,051

1881-82.

5,077,865112,400

5.190,266

This indicates that the movement up to May 1 of the

present year is 1,120,452 bales less than in 1882-83 and

362,334 bales more than in 1881-82.

As it will interest the reader to see what has come into

sight each month of the season during this and previous

years, we have prepared the following, which shows the

movement for the last three seasons.

Monllis.

SeptemberOctoberNovemberDecemberJanusryFebruaryMarchApril

Totals mouths..

1883-34. 1882-83. 1881-82.

45J,047 402,336 530,673

1,325,716 1,180,761 1,093,382

1,317,773 1,102,052 1,213,870

1,264,810 1,435,006 1,240,407

433,985 803,5(55 435.495

370,337 661,834 301,069

262,772 518,540 207,974

107,153 265,057 127,395

5.55-2,599 6,873,031 5,190,265

WEIGHT OK BALES.

To furnish a more exact measure of the receipts up to

May 1, we give below our usual table of the weight of

bales. We give for comparison the figures for the same

time the two previous years.

Same SameEight mon (As ending May 1, 1884. peri'din

1882-83.

peri'diH

1881-82.

Number of Weight in Average Average Average

Bala. Fmmdt. Weight. Weight. WeighL

594,519

1,494,481

303,079,841

713,031,830

509-79

477-11

518-56432-10

504-85

Louisiana 467-99

Alabama 250.382 123.939,090 49500 503 00 49400

Georgia* 697,613 32d.482,8J4 46J-00 482-60 471-68

South Carolina. 426,596 199,211,800 466 98 472-70 462-88

Virginia 792,361 374,707.317 472-90 478-60 470-11

North Carolina. 101,013 43.935,635 470 38 471-08 468-76

Tennessee, dco.. 1,157,034 570,713,562 49300 501-50 476-66

Total 5,517.599 2.660.092.159 482-11 48005 474-58

Including Florida.

It will be noticed that the

a decrease in the average

movement up to May 1 shows

weight as compared with the

Page 14: May 3, 1884, Vol. 38, No. 984 - FRASER · ft THECHRONICLE. fvoL.xxxvin. WOVldQU%XCh^UQZ. Drexel,Morgan&Co., WAIiliSTREET, CORNEROFBROAD,NEWYORK. Drexel&Co., (Drexel.Harjes&Co NoMSouthThirdStreet

62H THE CHRONICLE. [Vol, xxxvm.

sapje periods of the last two years, tlie average this year

being 48211 lbs. per bale, against 489-9.") lbs. per bale for

the same time in 1882-83 and 474-r)8 in 1881-82.

THE COTTON GOODS THADE IX APHIL.

There lias been a fairly active demand for plain and

colored cottons in the leading markets during the first two

weeks of the month, owing to the iipward tendency of the

raw material; but buyers supplied their immediate and

near praspective wants, and the market again relapsed

into a quiet condition. Exceptionally loV prices stimulated

large dealings in cotton flannels, and there was an active

demand for these goods throughout the month. Brown,

bleached and colored cottons have ruled steady in price,

and Atlantic sheetings were advanced :^c. per yard on the

'2')th inst. Print cloths were in fair demand, and a trifle

dearer at times, but closed weak and lower. The stock of

print cloths in the hands of manufacturers and speculators

at the close of the month reached about 775,000 pieces,

against 689,000 pieces on April 1, 1884, 602,000 pieces on

May 1, 1883, and 1,276,000 pieces on May 1, 1882. The

proposition to restrict production by partial shutting downof the cotton mills in New England, and by reducing the

hours of labor, has met with much favor among manymanufacturers. Some of the mills, however, are bound by

foreign contracts, while still others have on hand a full

supply of the raw material, so that the short-time move-

ment will not be uniform; but it is expected that there

will be a considerable reduction in running time. It is

now stated that the Lowell companies will shut down on6

day of each week (Saturday) beginning May 3.

1....2....3....4....5....6....7....8....9....

10....11....12....13...14....15....16....17....18....19....20....21....22....23...24....25....26....27....28....29...30....

1881.

CoWnlowin id-

dllny.

Uli,illi«

113i81 l^iB

11 Sm

i 1 "i«

im

iii'ib

lll£ll>a

Uia

llifl

Ills

ilia11%11.38

Print-ing

chins,61x64

3 5n

3 563-563 .56

S.

3n63 633-633H3-Hoii3 63

3-633-633-633033-63363

.. S ..

3 633633-t^3

3 63360360..8...3-603-563-56

Sheet-ings,stand'ard.

mid'dUiiff.

7147'47»474

7>47147117'4

day .

714

7147147'447>47»4

7H7I47I47J4

7137%

'i^

1^

1883.

Cotl'n\Print-low

cloths,64x64

'J9l(l

912yia919

9ha

Q8lB9589=8934

9%"

9111,

9%9%9%9'^

9%9%913j,

91-h.^

913i„

Sheet-ings,

stand-ard.

.. 8...3-623-'iU

3603-603-593-59

.. 8...3-593-.i6

3-5ri3-563-50356

.. 8...

3 603-603-603-603-603-60

.. 8...3603-603-603-603 603-60

.. S...300

1882,

CoU'n Printtowtnid-

itling.

lin,

\\'h115811=811»8

1158It'sIIH11%1113ll'Sle

ili"3|b

U13,B1113UlliSie1113,Ilia,

1113,01113ll'3,clll3,e1113ll'Sui

tuffcloths,

64x64

3-77.. 8...3-773-773-773-77..Holi..Holi.. 8...3-773-773-773-773-773-77

.-. 8...3-773793-883-923 913-94

.. 8...

3 !t4

3-943 943-943 943-94

.. S...

Sheet-iUftS,

stand-ard.

sv"8I4

8148I4

divy .

day .,

"814'

8I48I48I4

8I4

"8i4'8I48I48>4S>4

.814

314S148148>48148h

The above prices are—For cotton, low middlius upland at New Yorkfor printing dotUa, in iuufaoturers' prices; for slieotini's, agents' price

,5

wbicli are subject to an average discount of 5 per cent.

FINANCIAL BE VIEW OF APRIL.

The two events in April which excited more attention

than, any others were the continued large export of gold

and the extreme depression in stocks in the latter part of

the month.

The export of gold, in view of the trade situation as to

foreign commerce, seemed perfectly natural; and except

for the silver question and the piling up of silver dollars by

the continued coinage of $28,000,000 annually, the export

of $50,000,000 gold in the present half-year might not be

regarded with any particular apprehension in the plethoric

condition which our money market has been in for a long

time past. The .shipments of gold from New York i"

April were about I8|- million dollars, and the shiijmeiii

since January 1 about 31f million dollars, these bi^ins' tli

net amounts in excess of imports.

To regular readers of the Chronicle who had been wel I

informed that the cotton crop of 1883 was 1,000,000 bales

short of 1882, and the wheat crop was about 80,000,000

bushels .short, it could hardly be surprising that the trade

movement of the first-half of the ]>resent year did not com-

pare well with its predecessors.

The money market was affected only 'to a slight degree

by the decrease in gold, and the city banks did not fall be-

low the legal limit in their reserves.

At the Stock Exchange the latter half of the month was

marked by an extreme depression in prices throughout

nearly the whole list, and the lowest points reached by

many stocks were the lowest they had touched in several

years. While the immediate cause for this decline was to

be found, as usual, in the action of prominent operators,

the movement was based on the decline iu railroad earn-

ings on a number of leading roads—rnotably tlie Union

Pacific, Pennsylvania Railroad, Erie, and ijresumably

the other trunk lines not reported, also the Philadelphia &

Reading, and, as supposed, the Wabash and Southwest-

ern Gould roads, the earnings of these latter in 1884 having

been suppressed. The Gould stocks were among the

weakest, and the Stock E.xchange rumors gave to Mr.

Gould the credit of being the chief operator for a decline

in the present movement. At the close of the month the

tone was a little better; but prices—(Specially of Western

Union and Union Pacific—showed but little recovei-y as

compared with the heavy declime that had previously taken

place.

Foreign Exchange was necessarily firm to permit of

the export of so much gold, and the depression in stocks

probably had the effect of checking any large purchases

here for foreign account.

The following summary shows the condition of the NewYork City Clearing-House banks, rate of foreign exchonge

and prices of leading securities and articles of merchandise,

on or about the 1st day of May, 1882, 1883 and 1884.

"statistical scmmart on or about may 1, 1882. 1883 Aio) 1884.

1882. 1883. 1884.

New York City Ban/:s—I lOaus and discounts S 310.989,100 312.895.000 343.355,500Specie r- 6.1.98.^,900 63,73t:,80(' 58,215,300Circulation i 18.9*2,500 16,34'.',40O ] 4,493.UOONet deposits i

;

297,J.'iO,SO(i 2S9,H22,4 00 335,684,00019,218,400 19,639,000 28,125,500

Le^al reserve . if 74.312.7008.'i,.;0-(,300

72,480.60073,375.800

83,921,000Keserve held $ 86,340.800

li/,e95,t)00 895,200 2,419,bOOilonei/. Exchange, Silver—Call loans m»35fl

413353®75a6

2®3Prime ji>aper, slxt v days 4®4i«Silver in Loudon, per oz .TZi4d. 50'i,d. 5013j8d.Prime stcrlin^j bills, 60 days.. 4 8712-4 83 4 84 4 83

United States Bonds—38, registered, option U. 9 IOII4 103 >4 100%6s, currdncy, 1898 138 130 1364ifis, 1891, coupon 116 II3I3 11333

121 lla's 123%Railroad Stocks—New York Central & Hud. Biv. 12.514 12.'^l4

. II314Erie (N. Y'. L. E. & W.) 351a .7 4 Ififl

Lake Sliore & Micb. Southern. 100 14 Ilia's 96 >4

Michigan Central 79-^8 9J»8 8JChicago Rock Island & Pacific 12-13 126 llSifl

lUinois Central 13.-)-s 14. I4 lz7Chicago *fe Nt)rtbwestern, com. li8 133% 112%Chicago Milw. & St. Paul, com. 111^8 10)58 82%Delaware Lack. & Western . .

.

lis- Is 12SI4 11838Central of New Jersey 69^1 7i5a 79%

Merchandise—Cotton, Middl'g Uplands.^ lb. 1214 IOI3 11%Wool, American XX. .;..^ ft. .'i6a)41 37® 47 33*40Iron, Anier. pig, No. 1..^^ ton. 2o00Si.;6 0f 22 00S;-.'3 00 20 50rt»2150Steel rails 30 'lO

1 4K®1 4938 00

1 2^13 812533 50

Wheat, No. 2 red win.ig busb. 1 09 'eCom, West. mix.No. 2. ^ busb. 81ia»82 6!^Si«9 6l34i»iiJ%Pork, mess W bl)l. 1S371S-1S80 19 nooijooo 1 8 50

Page 15: May 3, 1884, Vol. 38, No. 984 - FRASER · ft THECHRONICLE. fvoL.xxxvin. WOVldQU%XCh^UQZ. Drexel,Morgan&Co., WAIiliSTREET, CORNEROFBROAD,NEWYORK. Drexel&Co., (Drexel.Harjes&Co NoMSouthThirdStreet

II

May 3. 1884.] R| I THE CHRONICLR 527

CLOSIKO rsicES or ouvkhmiiknt aEcuuiTiKa m xraiL . 1884 •

April.4>«».1801.«m/>.

*:IW)7.eoup.

x23\123^123^8124124..a...

an.nul'ii

if. S.

rrff.

X ....

6*.Our.,1808,reg.

April.4'9».18U1,coup.

1007.fO)tp.

3.

riff.

B*,.

Our,1898rei/.

1 192 20 ..H...

3 21 113>r

Vii"

....

123311

123'a4» ii3»i

222324

100 :it

100\

7i'23»»

I23''e

292627

123^

. .is.'.

'.

8 100%

10 28 1231912338123 •«

x231»1241231412314

111213

Hoi.

.'.3.'..

2930

Openm«i»Low.Olos.

11338

11 378lU^e113113:18

101 u10(1^100:!i

14 1131911338

I'.'l

123\

10! 14

loii* ......

15161718

The following table will show the lowest, higlicst andclosing prices of railway and miscellaneous stocks at the

New York Stock E.vcliango during the months of Marchand April, 18SI.

lUKOB OF STOCKS IN MARCH AND AI'BII..

^'arch.Feb. 29. Low. mail. J/or 31Rtn.ROADS.

Albany &Siistuic'h 133 133At. h. l.ip. ASaH.Fe. 781a 79H.. t ,v NYAirUpf. 82>« BO'S 83isI' :..i>..feNo 73 73I IHo.... 6414 B3 5514I- nerii ty.>^ bi Sj^'g(•iLu I'll s ^t Minu 10 11CoUtriil luwii 13 15 1«

78%82

siis&2ie

AprilLour. Hiijh.Apr.W.

1337-. 14

83(iO

5238

1337082 146l>

45144(>l3

t;3d

4l!l4

47

Do Iftpref 2114Com i-;it of N. Jersey. MTU Sii^'a 8914Central raoillo SiiO^ti 57ia 6214Clies. A- Olilo i:;.i8 12^ 11%

Do Istprpf. -ij 2 4 'Hi\V>o 2il iirof. Ml 141a 17

Chloairo A Alton 513414 135 137IJO ptet ,

Chip, niirl.*Qiiliic7. 123 12233CUlo. -Mil. iSt. Piitil. OOH 5S538

IJo iiruf. 1 I.Ms 511.114CUlc* Northwest... llT^g UU

IJo iiret. 14.'i3 140^Chle.ARocklsI.inil.. 12OI4 1183*Cblc. St. L. & I'ittsb. ID 9

Do pref. *m 25CUlcSt.P. Minu.iO. 3014 2^34

Do prof. 9214 6»0isClev. Col. Cin. & lud. 63 61Clev. & Plttsl).,frniir. 13i 138

88T857»81334•2.1

135 13

I>aubury & Norvvjilk 5oDel. Lack. >v Wcst'niDenver & K. GraniteDubuque ic Siou.\CEast Trnu. Va. & Ga.

Do pref.Evansv. * Terre H. .

.

6rponB.Wln.&8t. P.Harlem 'lOSHoiisu A Tex. Cent.. *40Illinois Central JISO

Dip I/scd Line4p.o 8II4Indiana Bl. ife \VJoliut & ChlcasoLake Erie A West....Lake8horeLun|; iHlandLouisville & Niishv..Loiiisv. N. A. A Chio.Manhattan ^..

JJo 1st pretDo com.

Manhattan Beach Co.Meinplii.s A Cha'ston.MetroiMilitan Elev...Micliiifan CentralMU. L. Sh.ilt W.,pref.HUuieauulis <b (it. L..

Do pret.Mo. Kaiis. it Texas ..

Mi-^.simri PaeittcMoliili' iVOliioHorrU A K.<.sexNashv. Cluitt. ifeSt. L.N. Y. Cent, i lliul. i;

M.Y.Chlo. & St.LouiH.Do i;ref.

N. Y. Jvlevated.......H.Y. Lack. A West ..

N. Y. Jyuko Krlc A W.Do pref.

N. Y. & New En:,-l'(l.

N. Y.N. H..vHaill'rdN. Y. qutanu Jt W...N. Y.Susii. j£ West..

Di) pref.

12810

•12

1D*3

•Iti"101 :i»

6l>:«4

47%1857925820

*>6"00•3516'3220^890'8*9

•121•.>l

116"81s1738

12317%806%

I214426>a

1924.T

128%8II4I8I4

145IGI3

lOuSa714714IT'S411a89b:'\20 1332!i3

8;i''8

37 14!.>.%

34ISSs

101241453

§11314838

17=8

12.ilfl

93 14

IIT',12078145141241a112631%94%691314050

ol33ie21828

135081a

20045

131.%86lUia14319%104%7SI45138

12458-i%

;.113ialilies

140^118%

OI3*2729%

5901a05

50"

76 1440%1020%14135%14712080^8111%no's1401171a9

25 132:p%fcO

51>913950

71.J

•121a

•41123%841a

•I6I3

'iVifl1017.5

47%

573893 14&9I32435103% 'loo91%39ITk3122I492 1413%

12058122 5114%9% 8%

11) 18

912.>%70

10^6

•15

JiiO203g57%12

1809%616

92%267115319

18211%616%

123% 5110%18% 1038

696

113-t

(i%19640125%8315IS-IS

59 fa7041382i%4190481933

10.)

81%3ri

13%27%liSg7011

125511137%

l.')"4

12590%173847%14

ISO84U

21%-^7385,f:is

13 ''8

2.0 14Hi137%l.iO125%

;

87%114%lUi:<8145I2II4102732%9665

1415!> .50

I2114 5118%1914 12

79M50%10%21 .

14137%

121%82%112%112%141%118%

*.)

2631 "4

93%52i

44%9150

90%

20^5-^0%•11125%51

§J121%57%1434

13110

Korfolli A Western 11Do pief.

Northern PaclllcDo pref.

Ohio CentralOhio k Mississippi . .

.

Do ircf.Ohio .Siiiitlii mOrejron SJiurt Lino ..

Oregon <S; rrauK-Con.Peo. Di-cut. i K'vUle.Phlla. A; KeadliiK...Pitts I.). Ft. W.AC.KUar.Kens.iil. & S:iiafi>}.-a.

Klcli.iV Al.Hi'k, tr. I't.

Kiuhniond A DanvilleKteUuiiiudA \V I'.st I'LKochesterik Piltsb..

'1020%46%322%

40207845%2%21%

4122% 21%49% 473«3 2%

25''fl 21%

3319%4IS

22!!•%13%56%

2814%

7%2018%I414.52%

128141443%

.57

2:J

1338

16%907%

15lj%14%41%

9242.;% 20%17 106014 52'8131% ]2-i%143 113 14.54% 3

58% .5221)14 28% 2.>%li% 14 838

7573312%437%

19845130%851813716%

lOi'e774778255o03%512136

105914410%32%20'^8li'813

126511158%17=8

12594%2J%58%17%

18210%5IH114122^849%•2-%

2238i-O

7%222i;'>i

111 In

.',5li

135146%3%

5528%14

63s11*35

37126^8*8415%

'•14

590%7345%

Vs"193%ti21036

•101%8:%3713%27%14%81%11%

511H%7%

M5%105

131448

338

382248%2»919%

1719145843%130

.''2%

23%9%

BAfLROADI.Bonio Water. AOgd..81. 1.. Alliiii AT. ft..Bt. L. Ai 8. FrBooliico.

Do pref.I>o lit prof.

St.Paul ihDuluth ...

Do pref.81. Paul Minn. A ManTexiu.Vi r.uiiloI'l •

I

I

JW. 30.

"47%•2043•87

02

78>^if N.J

\| 'illandWuLi. at. U APaclllo. 10

Do pref. 27Worr.in 122

TKI.KdltAI'li.Ainer. Tel. .t Cable.. R7% S7Bankers' & Mereli'M 126% 5121%.Mutual Union 1^% 16Western Union 74''8 570%

i^rit£8S.Adauta.... ^128Americiui 96UuitedSiatos 00Wells, FatKoACo... 'IIOCoal ANt> .Misi.so.

Colorado (;oal A Iron IS^gConsolidation "22(loniestaku MlulugMaryland.... 'liNew Conlral Coal. ..10Ontario 28%SprluK Moiiut'nCoal. 43»8 40%Standard Cons. Mlu'g 6

Various.Del. A Hud. Canal... §100%Oreiron luipriiv. CoOrett'n H'y A Nav.CoPacJtleMail 50»8Piilliuan Palace Car. 5108U.S. Trustee

I UarehiMu. Illoh. JUar.'.H.

24SO2750052ft

0007%21%82'-%

103%2116^28122%

31 24CO SO •45SO 27 •SI42% 50 4688 05 •OJ25 2ft

80% 0003% 07% 04%18% 21% I0<>>|

«73»8193

H2'-% «73«»fe3103%

21 2114'h 16% I4T,24% 28 2\i

April. .

tow, lligK. Apr.M."30

834388

"sVi"00)41462%192%

•'Hii11%

SO4700%

«(i"07%197,74%1U2%

V-i"25

4-1%88

W63%

li>2%

"oii

60126% 5l2»%1070 57078

r>o S5%137% :iie>«

607e 71% 92%12906%587g110

12233149

10740%8350

103

13110260%lis

17%238%1507g

2040%6%

11045!>1

58%llo%

•120•97•CO

•110

13000%50%110%

12%22H%127%

"ii"

13700%61%115

J7%228%157%

oi"

13108S9%

111

40%

107

8051<>g

113%

10'?%2070513%ilO503

107% 101%40 2086% 71%5:!<I>| 544%113% 111505

' Prices bid. I Prices asked.; Ex-prlvlIege 4 Ex dirldend.

DANKI:rS' STERI.ISO BXCUANOE (posted bates) foe AfltlL, 18S4.

April.60

days.De-

mand. April.60

days.De-

mand, AprU.60

days.De-mand,

1....2....3....4....5....6....7....8....9....

10....11....12....

4 834 384 88%4 83%4 38%

8.

4 88%4 88%4 c8%4 83%4 83%4 83%

4 90%4 90 'ti

4 90%4 90%4 00%

•i'96%'4 90%4 90%4 90%4 90%4 90%

13....14....15....16....17....18....19....20....21....22....23....21...

S.

4 88%4 88%4 8S%4 834 834 88

8.

4 834834 834 8s%

4iK)%'4 90%4 !)0%4 004 904 90

4 do"'4 904 004 liO%

25....26....27....28....

i 29...30....

RangeHiKhLow.

4 8'!%4 88%4 8S%'4 88%4 88%

4 88%4 88

4 00%4 00%

496%4 90 "a4 90%

4 00%4 90

RATES OF EXCHANGE AT LONDON AND ON LONDONAT LATEST DATES.

EXCHANOB AT LOSDOlf—Apr. 18.

On-

4msterdain .

iraRteri'jHn

.

Uaiuiiurg ..

.

BerlinFrankfort...ViennaAntwerpParisParisSt. Petersb'BGmoaM*dridCidizLl.-tt>on

Al^ixandrla..Coiistnnt'pleNe-v York...U<>iubav ....Calcutta..Hone Kong..Shanghai ...

Ttme.I

SaU.

Short. 12 13 raos. ;12 :i%

20-«(>20-612'j-t;i

12-25

Cliecks3 mos.

®12-2912-4320-64920-65®20-65»1230

25-41 ^a25-46l425-36i4923-Jl%25-18%'»-25-23.i4

2i1h3>241425-4 114325-4614

46%a463846l4i»463382 952%

BxcHAiraB py lohdok.Latest I

Doit. Time.

Apr. 18'

On dem 4813]6»lP3lgIs. 7%1.18. 7d.%

Apr. HApr. 13Apr. 13Apr. 18Apr. 18Apr. 18(Vpr. 18Apr. 1.3

Apr. )8Apj-. 18

Apr.i.4.pr.

I

Apr.'Apr.Apr.Apr.Apr.Apr.

Short.

Short.

Checks3 mos.

3 nioe.13161818 Cab'es.18181717

BaU.

1205

201420-4420441«12-1425-2425 18%25-212r-'->33

47-36

4 mos.

5307

109-204-90

Is. 79i3oa.3s. u%il.68. o%a.

'Prices bid. I Prices asked t Ex-prlvllege. fEi-Ilr. a 139% cosh.

I Prom oar own oorrespondent. J

London. Saturday, April 19, 1831.

Bu-siness during the past week has presented much of a holi-

day appearance; but the features which have manifested themselves may, on the wliole, be regarded as favorable. If verycheap money is a sign significant of prosperity, the trade andfinancial business of the future should be very remunerative;but, unfortunately, tlie want of confidence which has beenprevailing for so protracted a period lias restricted generabusiness to such an extent that the financial requirements ofthe community are now unusually limite<l. Gold continues toarrive from the United States in large quantities, and a consitl-

eralile amount has now been piled up at the Bank of England.The supply of bills in the discount m.arket is very limited, andas there is but little inquiry for money for financi.1l purposesthe rates of interest for loans, as well as the rates of discount,have declined during the week to a considerable extent, moreespecially when it is borne in mind how low the quotations

'previously were. The position of the Bank of England must

Page 16: May 3, 1884, Vol. 38, No. 984 - FRASER · ft THECHRONICLE. fvoL.xxxvin. WOVldQU%XCh^UQZ. Drexel,Morgan&Co., WAIiliSTREET, CORNEROFBROAD,NEWYORK. Drexel&Co., (Drexel.Harjes&Co NoMSouthThirdStreet

528 THE CHRONICLE. [Vol. XXXVm.

continue to improve during the next few weeks, and theopinion is becoming very general that a 2 per cent Bank rate is

more than probable. Business throughout the country duringthe remainder of the spring and during the earlier summermonths is Ukely to remain stagnant, and it is just as difficult

to foresee the future as it was months ago. Cheap money andreasonable prices for food fail at the present time to give astimulus to activity quite as distinctly as they did last year,

and calculations and opinions regarding the future possess butlittle value. Merchants will undoubtedly puraue the sameinert policy that has so long been the characteristic of the com-mercial world, and it is evidently the better course at present.

The Bank of England return issued this week is favorable,and the proportion of reserve to liabilities has risen from i5% to

47% per cent, an improvement of 2 per cent. The increase in

the supply of bullion, notwithstanding that £321,000 was sentinto the estabhshment during the week, does not exceed £90,694;but this may be accounted for by the fact that the holidayshave caused a large increase in the circulation of gold coin.The supply of gold held by the Bank now amounts to£25,136,242, against £21,258,805, while the total reserve is

£15,373,022, against £11,302,765 last year. " Other securities "

amount to £23,032,307, contrasting with £22,182,340 in 1883.The demand for money has fallen away considerably, and

the rate for short loans is now IJ^ to 2 per cent. The discountmarket has been very quiet, and the rates have had a down-ward tendency. A still further increase of ease is anticipated.The following are the quotations for money and the interest

allowed by the discount houses to-day and same day of theprevious five weeks

:

London

. Apr.

Open marhet rates.

Bank BiXU.

Three

MonUis

3»a2 ®

l«@

FourMonths

2 a -2)0«Js

Six

Months

Trade Bills.

Three Four SixMonths Months' Months

3 @3>13 ®3«3>i@425i93l('s ®42H<ai3H\3 (31

2X®2«2?<®3M2MlS2*( PJI®.'!!^

l?«a-'2 @2X3 ®2ii\2ii^2HI!iH<3i3}i

3«® -2?*32«2«@32MS -|2«®2J^25<ra2l<'2M®2«

Interest allowedfor deposits by

Joint

Stock

Banks.

Disc't Wses

AtCall.

2

2

2

IH1«Hi

7 (o 14

Days.

2H-2W2H-2'4

m-m

Annexed is a statement showing the present position of theBank of England, the Bank rate of discount, the price ofconsols, the average quotation for English wheat, the price ofmiddling Hpland cotton, of No. 40 mule twist, fair 2d quality,and the Clearing House return for the past week, comparedwith previous years

:

1883.£

25.706,010ti,9!);).;i3l

22,975,82814,33l.!U722.182.24011.302.705

25,136,312 21,253,SO> 23,030,172 26 253,151

22.032,30710,^73,022

1884.£

Circulation 23,513,320Public deposits 6.986,"i61Otlier deposits 25,036,896Govemra't securities. 12,436,202Otlier securitiesRes'veof notes & coiuCoin and bullion inbotli departments..

Proportion of reserveto liabilities 47'73

Baukrate 2is p. c.

Consols 102 ij

EnK. wheat, av. price 37'^, Hd.Mid. Upland cotton .

.

'j^'jsd.No. 40 mule twist fl'gd.

Clearine-House ret'n - •

-

1882,£

26.107,350o,.")01,7H8

24.8-i0,19^13,382.90721,037,90213.278.822

1881.£

26,524,7107,135,779

2J,S3i,S!214,1189,837lt>,3^i5,42115,508,411

37'93 p. c.

1021a42h. Id.

55s.i.

9^d.

43143 p. ...

lOl-Ti43-.. 1 1 d.

6ii|,d.

10%d.

43%3 p. .

101 >4

44s 9a61lOd

82.773,00082,107,11(10 114,908.000 1 18.951.0i>(i

The Bank rate of discount and open market rates at thechief Continental cities now and for the previous three weekshave been as follows:

Rates nfJpr. 17. Apr. 10. Apr. 3. Mch. 27.

Interest at BankRate.

3

4

3H3

5

4

OppnMarket

~2^r3

3H3

m5

?H534

Ban*Hate.

3

4

3H3

»

4

«

OpenMarket

•iH

2W2J#•^

2M6

BankRate.

~34

3«3

5

4

OpenMarket

3

3

l<2H5

«

Rankn.ile.

~3

t

3

5

4

'>prn

Maritel

Paris

3

3

«!i

5

3H«

Berlin

Frankfortnamliurir

A.mBterdani

Brusseli.

Madrid

Pt. Petersburg..

In reference to the state of the bullion market during thepast week Messrs. Pixiev & Abell remark:

Oolrt.—The influx of iro d fr.im Anici i. a lias In un wiw .-vbatp.l. and ttieBanlf (if Eniiland still (Oiitiniics to receive ilie hum of ai-jivi.ls. TheamouMs bought durinj; tlK' pnst week iinu unt to £.381,01 O, irgainst£60,000 «olri. ' '

s

Tlie only demand is for fidpnient tn Fouth Anieiicn, aiid for a smaUamount to Ii.dia the foinicr fuiii bcinj; a limit £'0i'.0iio.The .irri >-nlH ai c : £49;t,r.0<) Irani New York. £ 7,000 from Rlvei Plate

£n.o00 from the West Indies and £i,10U fn 111 the Cape; toial, £>15 -

700. The Royal Mail stenii er Don takes £10.000 to tlie \Ve.«t iiid es. '

Sliver has made a cousider,, l.le iidvauce since i ur last, and the pi ice•which wa« quoted as 509|„d. on WedncMlay last, iirav now lie called,'5034d., owina to increased hnsinrfs lor ludiaand n Coiiilneiital dcm iidWo have received £6t!,0 from the River Plato, £H,fJC'0 from the

?^i?.?,'i'"'^'(not £80,000 as mentioned), £6.600 from New York and

£4,200 from th(s West Indies ; total, £120,800. The Don takes £9,000to the West Indies, and the P, & o. steuiner £142,500, in bars, toBombay,Mexican Dollars,—We Iiave to report the arrival of £160.000 perFrench steamer and £8,800 by other boats from Vera Cruz. The price

to-day may be called 499]ed„ showing au advance of 3,.a. over theprices of last week.

The quotations for bullion are reported as follows:

Bar Kold.tine os.

Bar gold, contatn'g20 dwts. sllver-oz.

Span, doubloons.OE,S.Am.doubloons.oz.U.S. gold coin... oz.

Ger.goldcoin...ot.

Price of Oold.

Apr. 17.

77

77 10«78 9«73 8X76 8)4

Apr. 10.

s. d.

77 9

77 lOX73 9«73 8X76 an

Barsllver,flne..oz.

Bar silTer.contaln-

IngSgrs. goId..oz.

Cake silver oz.

Mexican dots. ..oz.

Chilian dols oz.

Price 0/ Silver.

Apr. 17.

d.

49 9 16

Apr. 10.

d.

50 9-16

5015-18

545^

49M

Advices from Berlin state that a new Russian 5 per centloan has been arranged, the price of issue being 86 per cent.It is understood that it is already a success, as the PrussianGovernment has lent it its moral support. The total amountof the loan is £15,000,000, and the object is, as usual, toconstruct railways in those districts which need them,Russian securities are still held in favor by Continentalcapitalists, but they are less souglit after in this country. TheRussian Government, however, is too astute to fail in its

obligations, and there is no doubt many here will makeinvestments even at a premium. Even supposing the quota-tion to advance to 90, a good and comparatively safe rate ofinterest is obtainable.

It is a satisfactory feature in commercial circles that thecreditors of Messrs. im Thurn & Co., who failed in 1875 withgross liabilities amounting to £3,000,000, have been paid 20s'

in the £.

The weather during the week has been bitterly cold, withstrong easterly winds and with some sliglit showers of rain.Vegetation has been kept seriously in check, and some are ofopinion that the fruit crop, which promised well, will beinjured. Tiie little rain which has fallen is not, however, cal-culated to do much harm, and tlie frosts being dry ones, notmuch harm has probably been done. It is when late frosts

are accompanied by much rain that anxiety becomes reason-able. For the cereal and other crops the weather has been sat-

isfactory, and it cannot now be said that vegetation is in aforward state. Some warm and genial rains will, in fact, soonbe welcome, especially in those districts where the soil is light.

The wheat trade has remained in a very dull and inactivestate. Where sales are pressed, lower pricef have to beaccepted ; but there is no actual change. The course of thewheat trade in the United States is being closely watched, andbuyers operate here with great, and no doubt judicious, cau-tion. It will be seen by the figures given below that althoughthe stocks of wheat in the United Kingdom are considerablyless than at the commencement of the year, they are largelyin excess of last year. The stocks of flour have not varied toany important extent.

The quantities of wheat, flour and Indian corn afloat tothe United Kingdom, not including those from the Baltic, areas follows :

Liist week. Last year. 1882.1,853,000 2.186,000 2,205,000302,000 214,000 212,000194,500 208,000 162,000

In the following statement is shown the extent of the sales ofhome-grown wheat, barley and oats in the 187 principal mar-kets of England and Wales during the first 33 weeks of theseason, together with the average prices realized, comparedwith those m 150 markets in the previous seasons :

8AI.ES.1883-81. 1882-83.

Wheat qr.^. 2,1.03.323 l,«iH7,428U.uley 2.973,t36 1,901,390Oits 418,595 220,941

AVEHAOK PRICES.1883-81. 1862-83.s. d. 8. d.

Vheat perqr, 39 3 41 4nmley 32 (1 33 loO-its 19 9 21 1

Converting quarters of wheat into hundred-weights, thetotal sales in the whole kingdom are estimated as follows :

1883-84, 1882-83. 1881-82. 1880-81.Wlieat owt.28,934,000 28,9O2,0S3 21.778,HO 21,124,000ty Thisagsreiratets arrived at by multiplying the sales in the 187

niarsets above by 3i:,. and that result Is reduced to cwt. by multiplying itby 41,,. Ihi.s nroportion between tlic 187 markets and the totals for theuiiigdom is adopted by ths London grain trade and is accepted by It aaproilueiu;,' a result approximately correct.

Annexed is a return sliowing the extent of the imports of

cereal produce into the United Kingdom during the first 33

weeks of the season, <Stc.

:

At present.Wlieat qrs.1.9 O.OOoFlour 231.000Indian (Mini 132,-5

1881-82.,429,50 •>

,.574.185193,820

1880-81.1.213.7331.638.804149,666

1881-82.t. d.46 332 1120 11

1880-81>. d42 733 124 5

Page 17: May 3, 1884, Vol. 38, No. 984 - FRASER · ft THECHRONICLE. fvoL.xxxvin. WOVldQU%XCh^UQZ. Drexel,Morgan&Co., WAIiliSTREET, CORNEROFBROAD,NEWYORK. Drexel&Co., (Drexel.Harjes&Co NoMSouthThirdStreet

May 8, ltltj4.j THE CHRONICLE. 629

mPORTR.13R3'R(. 1882-H3. 1881-82. 1880-81

WMiPttt owfc 33.003.1(17 11,317.043 38,171,211 35,881.141Barley 10.1)83,157 ll.ft7.>,067 0,065,034 8,810,862Onto 7.3«i,2:U U.323.340 5,602,442 5,705,261Poad 1,002.1>70 l,3«l,a42 1,114.063 1,476,734B««n(i 1,551.605 1.718,30H 1.U):».71S 1,1!1.1,216Iiwllnnooro 10.815.293 11,041,1)77 13..^0l,8Hii lii, 712.1)33Klour 9,443,038 11,233,287 5,817,3a.") M.370,7a6

SitpplieB nvnilnble for consumption (38 weoks) exoluaive of

stocks on Sept. 1

:

1883-84. 188283. 1881-82. 1880-81.Iropoi'taor«h(mt.ovt.3.3,003,467 41.347.042 38,471,241 35,881,141Imports of flour »,443,03a 11,283,287 5,817,305 8,370,766JBafes of home-grownprodiiM 28,934,000 28,903,089 34,778,180 21,124,000

Total 71.380,495 81,532,414 09.067,816 05,375,897Av'Ke price of EiigllHbwheat forsoaaoii.qni. 39s. 3d. 41a. 4d. 46s. 5d. 42s. 7d.

Visible supply of wlii-atlnthoU.8 bush. 27,000,000 24,000,000 10,119,000

Supply of wheat amiflour afloat to U. K.quarters 2,155,000 2,479,000 2,781,000

EXPORTS OF WIIB.VT AKD FLOCK IN SEVEN MONTIIB.

1883-4. 1882-3. 1881-2.Wheat owt.4.50.871 334,886 302,684Flour 64,813 101,280 45,054

EnKllah market Reports—Per 0»ble.

The daily closing quotation for securities, &c., at Londonand for brea<Lstuffs and provisions at Liverpool, are reported

by cable as follows for the week ending May 2:

London.

BUver, p«ros dConsols for moneyConsols for account 1 ...Fr'oh rentes (In Paris) fr.

U. 8. 4>*iof 1891U.S. 48 of 1007Canadian PacificCblo. Mil. &'8t. PaiU ....Erie, common stocknilnols CentralPennsylvaniaPhUadelphla & Reading.New York Central

AX.

51101%101 '877-4U125%115»8473rtSOTg19

1316122 19116ig

Liverpool.

Plonr (ex. 8tate)..100 lb.Wheat, No. 1, wh. "Spring, No. 2, u "Winter, South, n "

Winter, West., n "Cal., No. 1 "Cal., No. 2 "

Corn, mix., old... "Com, mix., new.. "Pork, West. mess. .V bbl.Bacon, long clearBeef, pr. mess, new,)lto.Lard, prime West. 9 owt.Cheese, Am. choice

Bat.

t. d.11 38 77 7

87

6342 6874106

Hon. Tut*. wed. Thuri.

51 51 SO's 50i3ie101% lOlUi, 1019,9101% 10)11,, 101»ie77-37'«77'12'a 77-95 78-33125% 126 125''a11538 lloVi llSSs •

483a 4778 47»»&84% 8238 8238

18«8 1838 18»8 a130% 127'a 12860'8 6016 60% «22M 21 2138116 mSH 115i«

:

50I3ig1017iJ101»g

125 >«

IISV)48I9

841a1916

12i)%611821 •'g

U5Tg

d37889594<s3

6

Tuet. Wed. Thurs.

: d. $. d. I. d.11 3 11 3 11 38 7 « 7 8 77 8 7 8 7 89 8 9 » 9 87 9 7 7 98 5 H 3 8 37 9 7 8 7 85 3I9 5 3i« 5 31a5 2>s 5 24 5 2

68 6>< 6842 6 42 6 42 687 87 S743 6 43 6 4366 166 166 1

9 893

7 85 45 21a

68 O42 687

©ammcvclalauft l^tscelUiiieatts H-ews. Imports and Exports for the Week.—The imports of lastweek, compared with those of the preceding week, show adecrease in botli dry goods and general merchandise. Thetotal imports were |7.513.379, against |8,4a5,041 the pre-ceding week and 17,867,1.35 two weeks previous. The e.xportsfor the week ended April 29 amounted to |5,934,831, against$5,1.57,1,59 last week and |5,018.570 two weeks previous. Thefollowing are the imports at New York for the week ending(for dry goods) April 34 and for the week ending (for genertSmerchandise) April 35; also totals since the begmning of firstvoek in January:

rOREIOH IMPORTS AT NEW TOBK.

For Week. 1881. 1882. 1883. 1884

Dry goodsOen'lmer'dlse..

tl,933.690 *2,040.4219,082,655 3,158,513

$2,208,9977,441,867

fl,546,108.VJ87,171

TotalSince Jan. 1.

Dry goodsGton'Imer'dise..

811.633.215 $10,198,931

S4 1.899.791 «50.402.72299.303.805 120,382.361

$141,703,596 $170,785,083

0.7 10.764

847.352.430107,y2(j.642

»7,M3,279

»44 157.554104.277.159

Total 17 weeks. il55,279,081 $143,434,913

In our report of the dry goods trade will be found the im-ports of dry goods for one week later.The following is a statement of the exports (exclusive of

specie) from the port of New York to foreign ports for theweek ending April 29, 1884, and from January 1 to date:

BXPOKTS FROM NBW-TORK FOR TUH WBBK.

1831. 1882.

For ihe week...Prev. reported..

$0,911,596, $5,795,178120,200.067 100,l9(.i.491

Total 17 weeks.l$127,llI.663l$10.5,9S5,60»

1883. 1884.

$6 090,044112,287,690

$5034.83190.478,352

ni8.377.734l $96,413,183

The following table shows the exports and imports of specieat tho port of Now York for the week ending April 26, andsince January 1, 1834, and for the corresponding periods in1883 and 1882:

mxroten um iMPOim or psoia at iwir tobk.

0*M.Mgportt. Import*.

WMk. mne*Jan.l. Wttk. mnetJim.1.

Great Britain $3,579,1201.701.444652..521258,400

115,506

$25,270,4773,373.0721.331.8412,121,038

406".487400,354

$714,100387,410

4.546

2,iii;m652,801

Wait Indies 109,410MexicoSouth AmericaAll other oountrle*. .

.

78.446050

Tetal 1884ToUl 1883Total 1882

$5,806,086

250,006

$32,915,860121.250

10,020,008

$1,106,0587.8196,086

$2,958,0042,722,190458,402

Sitter.Sreat Britain $204,200

27,1176,905

3.606

$4,244,404334,84741,0,S421.444

167,47841.50578,912

$

7,43733,069

$1,068

Qerman,' .... .... ... 37/»S109.868

1,153,76357.67418,521

West Indies..........HezlcoSouth AmericaAll other countries. .

.

Total 1884Total 1883Total 1882

$241,222254,780

$4,929,8045,443,3943,679,357

$40,4966,331

313,285

$1,467,9451,747,0991,006.534

Of the above imports for the week in 1884, $1,000 wereAmerican gold coin and $2.3.5 American silver coin. Of theexports during the same time $1,065,.500 were American goldcom.

Nevada & Oregon (N. G.).—This ro.ad was sold April 17, atBeno, Nev., under mortgage, to Mr. Moran of New York, whowill reorganize the company and complete the road. It nowruns from Reno to Oneida, 30 miles.

—Messrs. Geo. H. Prentiss & Co. have just removed into fineand commodious offices at 49 Wall Street. This firm, besidesdealing in all stocks and bonds on the New York Stock Ex-change, buy and sell gas, insurance and city railway stocksand bonds. Their quotations will be found in their card in theInvestors' Supplement of April 30, 1884.

—Attention is called to the removal of Messrs. G. K. Sis-

tare's Sons to new and elegant offices at 18 Broad Street. Thisfirm is one of the oldest in the city in town, city and countyinvestment securities. They are also members of the NewYork Stock Exchange and execute orders for aU the activestocks.

—The old and conservative house of Messrs. Jesup, Paton& Co.are succeeded May 1 by John Paton & Co. The senior partner ofthe old house, Mr. Morris K. Jesup, becomes the special partnerin the new house; Mr. Alex. J. Leith retires and Mr. Benjamin•Graham is admitted. Otherwise tho firm remains as heretofore.

—Messrs. Winslow, Lanier & Co., bankers, give their usualmonthly notice of the payment of a large number of couponsMay 1, at theu- banking house, 26 Nassau Street.—^The following office changes occurring May 1 among sub-scribers of the Chronic;le are noticed :

MortiiD. Biisa & Co.. ta28 Na.ssau Street.Kulin. Lucb <fe Co., to SO Nassau Street..(ohn Munroe & Co., to 32 Na.ssau Strert.Mutu.ll Life Insurance Co. to 31 Nassau Street.Hanover Fire Ii suranoe Co. to 40 Nassau Street.Jesse YoHOK to 34 Nassau Street.A. Campbell & Co. to 17 Nassau Street.Randal H. Foote to 17 Nassau Street. •E. S. I-archcr to 21 Nassau Street.Brooklyn Life Insurauce Co. to 17 Nassau Street.Spencer Trask & Co.. to 16 and 18 Broad Street.G. K. Sistare's Sous to 16 Bro id Street.Dur.int. Marsh & Co., to IS Broad Street.Ilonrv Cl>-ws & Co. tD 13 Brojid Street.Charles llead & Co. to 17 Broad Street.E. Moirison to 15 Broad Street.Van Dyck & Willmras to 15 Broad Street..1. Molter to 30 Broad Stn et.Ollder & Farr to 31 .-tud 33 Broad Street.C. J. Turner & Co. to 16 and 18 Broad Street.John F. Zehley. Jr., to 1.5 Broad Street.Draper & B>'lawin to 30 Broadway.Alley. Dowd & Field to 70 Broadway.Vysc & S"n to 56 Broadway.Sawyer, Wallace & Co. to 18 Bro->dway.Tweedy, Imlirle & Co. to 2 Wall Street.Silberman & .losopb. 15 Wall Street.Geo. H. Prentiss A Co. to 48 Wall Street.A. K. IlachtlPld to 6 Wall Street.IT. P. (Joldscbinldt & Co. to 53 Exchange Place.(i. E Smith to 16 Exohance Place.Harriot & Noycs to 53 Exclmnee Place.Commercial Union Insurance Co pany to 46 Pine Street.Ja"!. K. Wenman & Co. to 113 Pearl Street.Butter. Carver & Parker to 42 New Street.W. C. Uornin to 5 New Street.

Auction Sales.—The following, seldom or never sold at theStock Excliange, were sold at auction this week by Messrs.Adrian H. Muller & Son:

Sliares.400 2d Arenve RR ...200200 IIomest>ilte MInlnir t;o..$^ p. r.

50 Bank of Njrtli America. 101)100 Hanover National Bank.l57>4447 California ParltleRR. Co. 2100 Chio. & Atl. RR. Iien.st'k. U)200 Lehltrti <fe Wikesli. Coal Co. 8^*250 In.ii »fml)-tCo.(hV|i'liM). H\30 Park Bank .. .. l«SV|3.168>i

inO Mcrchautn' Bxch. BaiiK . 9410 n.iuoviM- National B-ank 1587.5 Pacilic Biink 1 0.5

120 Clljwis- Bank 1-24

40 ruii>oiters' A Trndora' Bk.27016 Phenlx Bank 107.5 Ham.verNallooal Bank.. 1577 Bank or America 170

\ Shares.]

S"* Park Bank lOS"*6 New York (ias-I.isht Co.lRO2> 2d Avenue UU. Co 200'«27 Union Forrv Co. (ox. dlv.)105lOUninn Ferry '-o. (ex. rtiv.)16?>«

101 LHtemo(!o\dQuart)iC....I.«t$-il.OOn Atl. APiw. RR.ro 42,350 Star Ur.ive 811. MlD.Co.Lot$2

Bnndn.$5,o- Pen. A Rio O. RB. 7«.Constr'n Bords(Uiillrto<l) . 53

$.50.0'>0 Bo». Hiir A Krlr RR.IstTs ri3i4»13>8

$10,000 V. Y. * (Jr'nwM lakeRR. 2d ni'irt.. Incomnd 4

$8,000 Buff. Bradrd A Pitta.RR.CO. 7b I00»|

Page 18: May 3, 1884, Vol. 38, No. 984 - FRASER · ft THECHRONICLE. fvoL.xxxvin. WOVldQU%XCh^UQZ. Drexel,Morgan&Co., WAIiliSTREET, CORNEROFBROAD,NEWYORK. Drexel&Co., (Drexel.Harjes&Co NoMSouthThirdStreet

630 THE CHRONICLE. (Vol. XXXVm.

DIVIDENDS.The foUowins dividends have recently been announced

:

/fame of Oompanj/.

Railroads.Central of New Jersey (qiiar.) —Cllic. & .Vltou dinar.) com. andpf.Nashua &, LowellPeuu.sylvauia (2 p. c. ia convert.).

Bauks.NassauU iiioQ Nation ;il

miscollaneons.KR. Equipmeut stock

PerCent.

l>fl

$231a4

45

21a

TThenPayable.

.Tune 2June 2May 1May 29

May 10May

May

Books Closed.(Days inclusive.)

May 13 to June 2May 11 toApril 27 toMay 1 to

May 1 to May 11April 23 to April 30

KKW YORK. FRIDAY, MAY 2, 18S4-3 P.M.

The Money Mai-ket and Finnnci.al Sitnation.—A weekago we referred to the general movement on the part ofmanufacturers in all parts of the country, and in almost everyline of industry, to reduce the cost of producing their goods byreducing the wages of operatives, thus accepting the currentlow prices of commodities as comparatively permanent, andthus also requiring tlie railroads to prepare to accept tlie lowerrates of transportation that the changed conditions have forcedupon them, making a corresponding reduction in the cost ofoperating. This latter reduction is now in progress on manyrailroads, some of which are making contracts for the year for

coal at prices wliich will reduce the cost of fuel 10 per cent.

The Union Pacific Railroad also gives notice to its employesof a reduction in wages and salaries on May 1st, which will

average probably 1 1 per cent of all salaries and wages paid,

and of course salaries constitute one of the main items in thecost of operating a road. If, now, allowance be made for

the lower cost of all materials, supplies, &c., it will be seenthat we have here the means of very materially decreasingthe ratio of expenses to earnings, wliich later on may makeitself apparent in more favorable returns of not earnings.

Tlie movement of grain from the producers' hands to theprimary markets in the principal Western cities is steadilydiminishing, and the eastward movement of products also

diminished during the latter part of tlie past month. Tlie ex-ports for the week to April 36 had not yet begun to show theeffects of the speculative rise in the isrices of wheat in

this country, and showed a slight increase over the precedingweek. But the fact that tlie price of wheat has been advanced10 cents per busliel here, and has been met by little or no ad-vance ill the foreign markets, shows that the Americanmarkets liave got so far away from the foreign that exportsmust again be expected to decline.

The advancing tendency of rates of interest in the New Yorkmarket, though not manifest in any very important change in

the quotations, lias still had a decided effect on the foreignexchanges. Money is now so superabundant in London andon tlie Continent that the slight hardening tendency here lias

been sufficient to cause a reduction of J2C. on the £ on ster-

ling exchange, which brings it to figures where there is

scarcely any jirofit in making shipments. The total exports of

fold in the week from Friday the 2.5th to Friday, May 3, were3,836,144, and about !J700,000 more has been engaged for sliip-

ment to-morit)w.Money on call on stock collaterals in the last week has

ranged from 1}/^ to 5 per cent, the great bulk of the transac-tions, however, being made at 2}^ to 3. This is an advanceaveraging about 1 xier cent over the range of tlie severalprevious weeks, but it has been made more by an increasingdisposition of lenders to advance the rates, in view of thepossibility of a diminished supply later on, than from anyimmediate decrease or any increase of demand. Money is

also still moving to this city from the interior, the domesticexchanges in all the Western and Southern cities being infavor of New York, and the prospect is fair of a contmued goodsupply. Nevertheless there is less disposition to make timeloans at low rates. There is no more 'S}{ per cent time money,though loans on dividend stocks can yet be had at 4 per cent.Discount rates for mercantile paper remain uneJianged at 4and 41^ for endorsed iiaper for 2 and 4 months and 5 and 5^for single names.The weekly statement of the Bank of England showed a

loss of £1,838 in specie and a reduction in tlie reserve to

48J^ per cent from 49 per cent last week. Tlie Bank of Francegained 4,439,000 francs in gold and 1,439,000 francs insilver. The Bank of Germany gained 13,943,000 marks inspecie.

The following table shows the changes from the previousweek and a comparison with the two preceding years in theaverages of the New York Clearing House banks.

13R4.A2>rU 26.

Diff'er'nees fr'mprevious week.

ISf-S.April 28.

1882.A2»-U^0.

LiansanadlB.Specieplronlatlou...Nat deposits.Lsgal tenders

li»f5»l reserve.Kaaerva held

*343,35.i,.")00f.8,21.5,30l)ll,193,S0O

335.iit)l,OJ028,l2j,5l)0

*B3,q2 1,0008U,310,8(;0

Dec .ii3,9(i9,100Deo. 2,53i,100Inc. 30,50(Dec. 4,977,330luc. 1,114,000

I)eo.$l,244,325Deo, 1,391,100

$312,83.1,00063,736,8-1116.312,40'

289,922,40019,tJ39,000

$72,1SO,<~>0073,375,800

$310,989,10')«5.98 1,90018,912,5,

297,250.819,218,110

$74,312,783.20S.300

S'lrplua . $'.?,419,soo!Dec. $110,775 $89.^,200 .$10,895.GOO

Exchange.—The market for sterling has kept rather firmall the past week, and the supply of commercial bills has been

very light. Nevertheless, in view of the hardening tendencyin the money market here and the extremely easy money inl.,ondon, the posted rates for sterling were reduced on Thursdayli cent oil the £, to 4 88 and 4 90. The rates for actualbusiness at the same time were reduced as follows, viz.: Sixtydays, 4 87i^@4 87i<; demand, 4 89i4@4 89>^; cables, 4 89J4'.Commercial bills sold at 4 851^® 4 863^.

United States Bonds.—Government bonds have been a little

more active this week at fractionally lower prices.The closing prices at the N. Y. Board have been as follows:

4i«8,18914'aa,1891.... .

4^,190749.190738, option U.S.(;8,oar'oy, '93.63,our'cy, '96..

tis, our'cy, '97..

Gs,oar'cy, '93..

6s, our'cy. '99.,

-rcg..ooup...reg.coup...reg...reg...reg...reg...reg.-.res.

InterestPeriods,

Apl.26.

Apl.

It33s*1133811338,'113%

*12358 'l^.^Og

123=81 12358100!|i*10i)%»129 !*129

131133130138

Apl.29.

Apl.30.

May1.

May2.

131133'1.S6

'138

'113%li:>%,1235a1235^!100%129131133136'138

''Ii:3s*xl2i4 11218*11338*11338i 116J4'';23ia:n2338| 123»aI23I3I I2314I 123-10031 •loo-'U •100%12J131'!3336i38

'129M31*133•136'138

'129>131133'136•138

* This Is the price bid at the raornlug board : no ««*« was made.

U. S. Sub-Treasnry.—The following t.'ible shows the receiptsand payments at the Sub-Treasury in this city, as woU as thebalances in the same, for each day of the past week :

Date.

Apl. 26.•• 28." tu." 30.

May 1.•• 2.

Total ..

Reeeiptt.

1,101,628 581,' 03.560 ,59

2.«99,017 781.239,'iC7 011,"49.590 061,419,502 32

9,072,836 34

Payments.Balances.

Ooiti, Currency.

.$ $9'il,122 21 128,871,726 01 10,569,174 47

1,306,923 63 12.4,i'20.S17 39 10,li7e,720 05•2,119.088 37, IJH,011,783 10ll0,663,711 75

960.429 22 129,73.','.79 21110,824.355 401,323,959 18 l'.'9,591.712 07il0,(.!90.3fi2 451,932,475 12 129,11^,730 90 10,633,.^70 83

8,594.297 "75

* Includes .ii320,o00 gold certifleates talceu out of cash.

State and Railroad Bonds.—There was more businessin the market for railroad bonds in the last week than in anyof the three preceding weeks, and the fluctuations of prices

have been greater, with the result a general decline, whichin some cases in the early part of the week was very large,

tliougli partly recovered within the last day or two. Tlie widerange of tlie fluctuations for the week is shown below, viz.

:

Burlington Cedar Rapids & Northern firsts at 103. 104.

10353; Burlington & Quincy debenture 5s at 97^, 98ir(, 98 andex interest 9.")),<; Canada Southern firsts at 100?s, ^Q%, 100;

Chesapeake & Ohio firsts, series B, at 103i^, 104. 103^8 a"d ^^interest lOO'^^'utlOOi.^; do. currency 6s at oS'^. 53, 5n.J; Denver& Rio Grande firsts at 106, 103 and ex interest at 93i.<, 94i^;

do. consols at 70i<, 60, 64, 63;\; Rio Grande Wcsterii firsts

at 52, 43''.{, 48; East Tennessee incomes at 3514", 25, 28i^,

38; Evansville & Terre Haute 6s at 99'^. 98; Erie secondconsols.at 83'^. 83;^.^, 83, 84, 8330'; Fort Woiili & Denver Cityfirsts at 65, es-^'; International <£ Great Northern 6s at 85i^, 84,81i<; Kansas & Texas gener.al mortgage 6s at 79''j;, 75i.?, 77;

Metropolitan firsts at 106;|, 105; do. seconds at96i.^, ^r-^.i,~^QJi\

Northern Pacific firsts at lOS-''^. IO4I4', 104; Ohio Central firsts

at 68, 63; do. Incomes at 93^, 6; Oregon Short Line 6s at 89,

86Jg, 87; Oregon & Trans-Continent.al firsts at 73, andex interest at 70, 69^4, 73; Texas & Pacific land grant In-comes at 46, 44, 46, 45; do. Rio Grande division firsts at 69, 64,

67, 653^; Wabash general mortgage 6s at 48!^, 44, 47'.^; Ore-gon Improvement firsts at 64,65; New York "West Shore &Buffalo .5s at 51, 50, 54, .53?4, •54!:^, 533^.

State issues were extremely dull throughout the week andprices were sliglitly lower. Sales included Louisiana Consolsat 77, Tennessee mixed at 43. do Compromise at 47-^4', 473^, andArkansas Os funded at I534, 14.

Kailroad and Miscellaneous Stock.s.—Tlie general courseof tlie stock market in the last week, like that of the severalprevious weeks, has been toward lower prices, and many ofthe leading speculative stocks touched lower figures in thelast few days tlian they have touched before for many years.Tlie main causes for this decline are the competition, and con-sequent reduction in rates of freights and fares on railways,and of tlie charges for messages on telegrajih lines. Amongthe railroads in the Trunk Line Pool, competition has reducedfreights between Chicago and St. Louis and Now York towhere there is no profit in doing the work. The stragglebetween the Union Pacific and its tripartite allies

and the Burlington & Quincy remains undecided yet. Theassociation of Trans-Continental roads for the maintenance ofrates appears also to be in danger of dissolution, and some ofthe features of the market in the last week have indicated theprobability of a struggle between various Trans-Continentalinterests for the control of the Oregon Railway & NavigationCo.'s lines. The decline in prices has been increased and pro-longed by the temper of some of the most prominent operatorswho have been on the bear side of the market, and Mr, Gouldhas the reputation of having been a heavy seller of stocks. Anincident of the continued decline was the susi)ensiiin on Wednes-day of Mr. James R. Keene, who was unable to take the stockstendered to him on his outstanding puts. Pretty nearly thewhole market is lower than a week ago, but Union Pacific,

Central Pacific and Western Union Telegi-ajih have sustainedthe largest dejireciation, amounting for the week to 6{(f)9 points.

About the only stocks that have advanced are tliose of theNorthern Pacific system, whicli are higher on large e.irnings.

Delaware Lackawaii^a & Western has been very firmly held,

and closes % higher than last Friday.

Page 19: May 3, 1884, Vol. 38, No. 984 - FRASER · ft THECHRONICLE. fvoL.xxxvin. WOVldQU%XCh^UQZ. Drexel,Morgan&Co., WAIiliSTREET, CORNEROFBROAD,NEWYORK. Drexel&Co., (Drexel.Harjes&Co NoMSouthThirdStreet

.M.VY !i I '84 ITIIK CIIRONICLR oSl

NK»r «attK STOOK KX.CJt.VNUE IMUCES PUU WKBH EVIlIVfJ WW a. AN» SINHK JAN. 1, 1881.

BTOCKS.niORKAT AND LOWEST PRICKS.

Mutunluy,Alirll 2i.

KAII.HOAIIM.

i.moyI' :ii • 1 1 r >. nil-

Il4i»;l;.. iLoAOIUoIhi iKtprof..1' 'Jilpnif...

\llon'ilii»tan>& Quliicy.:

I i.vitukvuA !it. I'niil

ih. i>nt.\

Chloago i^ Nortliwoaturn— Jr»o prof.

CMr.Tca I'mlc iKlnnrt* Piiolllc

ll.u.i:;.i -I. Loula A I'lUHliiiritj

IM I>lCf.|

ClliM;;" -1. I'aul Mlull. A Olii I

Ih. nref.I Col. CInii. Ji I nil

A HllKliiirB. Kuiir..I lilo. it Iml. Cent..irkinviiMiiUiStWoat.

i:ui (li'tiiKlu

l..,-, 1 .^»ee Va. A OrtI'll prof.

• .t Terro UftutoWtuoim &. St. Paul

Mitiiiliiy,

AprU M.

7014 7iiVi

id>i'47\i4USj 4H7U'4 Hit

AillU ^\>.

\V(>.iiirniltiy, Tlmrmlny,,

AprU:lO. Muy 1,

llarU-iiiUouHtoii it Tcixu CentrallulnuH < 'intral

]in lonftcil llno4 P.O.Inilliinn HlooniluBt'uie Weat'nLake Kilt* A We-sturu—Lnke .^lioi-o

IxtUK IrtlHJHl

LoulMviil.- A Nnahvllle-Ivijul^villi- Now AlbAuy AChlo.Manhattan Klevated

Do Istpref..Do CODUUOU.

Manbattxii ncarb CoMomphls A (.'h;irleatou

Motropolli;!ii KU'VrttutlHlchlKau t'L'utriil

MUwaukfK L. sh. A Western.Do prof.

Minneapolis A St. LoulaDo prof;

MIssoarlKannaa A TexiaMiaaonri riidrtoMoMloA OliloMoiTis A I'l^aox

Naalivilio t:]i;)ttiinooffa A St.L.New York Central A Hinlaou.New York CUic. A St. Louis ..

Do prof.Now York KlevnteilNew York Lack. A WoHtorn..Now Yoik Lake Krie A West'n

Do pref.New York A New Knjrlana

NowY*ork .Vfw MavouA Hart.New York Ontaiio A Wrstom.New York ausii. A Woateru. .

.

Do prot,Norfolk A Western

Do prefNorthern Pacific

Do prefOhio CentralOhio & MlaalsslpplOhio SoathernOregon Short LinoOregon A Trans.i'ontlnental..Peoria DecaturA Kvansviile..Fhitailt'lrltia A Kc-adin^Pittsbuie 1-t. Wayno A Chlo..iKich.vAllfKh.. sfktrnstctrs.Ilichmouil A i^anvllleBicUmonil A Wiwt P't Term'l.Rochester A I'ittaburj;Rome Watfitown A Ogdensb.Bt. Louis .Mtou A Terre Haute

Do pref. 1

8t. Loots A San ItauclscoDo pref.Do 1st pref.

Bt. Paul A DolnthDo pref

St. Paul Mlnneap. A Manitoba.Texas A PacliicUnio 1 PaclllcWabanh St. I.ouls A Pacilio.

.

Do pref,mitivKi.ijA'sv.ovfi.

Atnerican Tel. A Caijlo CoHankers" A Merchants' Tel...Coloi alio (.'oal A I ronDelaware A JlintHon Canal<iol(1 A sto. k TLlegriphNew York A Texas Laud Co.Ori-'gon I ni provenien t CoOroKon Hiiilway A Nav.Co...Paclllc MallPulltuan Palace Car CoQnloksilver MlniuK

Do pref,

Western I'nion TelegraphE.YI'ilEs><>.

AdsmaAmericanUnlteil st.Ttea

11714 llS'a 110<all7»4i:ia4 irVi l.<hs 13'8

""* "'" 11'* 11**

"aA" "ai"U>4 6*4

•38 431-28 I'M",

1,51.1 la's95 Kd--^7.f»4 73»446^4 47

"i'j" "66"

M

•38 42IViriia 1-J7»4•84»4

•I41.J ISHiUt's 9i't74i« 74144U 4U^i

•90

35I4 35"alOa lOJ lOJ 10283 8S 84 84

I4I4 15=88013 81't*ll Vi'las 12J52 B2

113i4ll»'a71-2 71-.;

*15iaI'iS 123•1)0=4 0218 I8H140 eui-j

U>4 14>4182 lb'-

8V 81,

21*4 21=>4

4(i'a 4;i8-.21 >4 213>446 'a 47^42=ta 2"^

leig i8i« 15^8 1714•141-j 16>4 14=8 14"942"4 43»bI 4II4 43»813U 130

o\ 934

Wells. KarKo A CoINAITIVE HTOCKS.

Cedar Kails A ^IlnnesotaCentral Iowa, Isi i-refChl(yi^o A .-Mtvu. |>refColombia A (iri'envlUe, pref..Danbnry A NorwalkDubuijui' A Sioux CityJollct .V I l.i, i.fi.

Ohic . IK prefRen- 'log*Uniti. < --ofN. J....Virginia MullamlWarrenBfaryland <'oalNew CoiitrilCoalPennsj'lv.inla CoilSpring Mountain Coal

91^8 02<415 16G-is 68 1(,

V OVt15 ''b 16 >4

119 1191414 1413

103 105

21 la 221471 73io") 46le

1 10 Hi 110=4•4 61a

•24 30

128=4 12U'ea 3

9>4 9>4•20 24

•24 27*»5 48l!8Ui» SiCv

65^8 66=4 64 14 6614

136 136i)8 93•60 14 62'110 114

12 12

901a 911.JI4I4 l.li-.,

eai-j 67=48=8 014

14=4 16

67 67119 119'^

lu'i'l ib'4=4

20 2171 7141I4 M'-illO'sHli-j4 51a•24 30

70 76 76'l8 76"^82>a b-i<a'

7714 HI60 64 <g

l;i«iii i;)ii=4

VA)\ lliO-,

80 'b Hi 14

111=4 ll2111 112 •„

14 1 142117=4 118•0 10

•20 28.S0>4 319J1.J aa\6IH1 O.i'ti

140 14U

Males orUiaWeok

rrlilay, (Mmtm),May 2.

116=4 117=4lO'n 12=46% 6^

-lOia llSi

Vj" "oij

'38 42123ial2Ui483 83IS lih

"93"''96=b

70 70451a 46=4

"46"ii"46"ia93 93•46 32

"so" "3(j'

101 10183 8312

271a 271-213=8 14»|,

79 81iv

125" i28"

iisis il3"s7=4 7=<

•151a'103 130901a 9117'8 !8\47=4 48

•8I4

41a 4Hi14 14

8=8 8=4

901a 911214 14=,634 6j»ij8=8 N=<

14 '8 '-5'4

551a 561a11914 llOV121a 12 ij

101 101\

431a 45^IIU 110 '4

•4 51.2

•24 3061 6418

13598 9860 60

'112 lis

69

116'e lie's1 1 12=»0=8 6H11 11

•35 40*s eu

•37 42I25I3I27I3•841514 15^4•11 15OS's lie's73 7344=8 46I4

"45'" "is"

'101ial02i3811a 83

"so" "37"

13H) 131...

271a 271a14 la 1514I70 8211 llH,!

51" "si"113 11313!

71s 7=6*15ia103 130

"n's'isia4713 48

8I4 8%

117=4 119=B11 13=80^ OH,

•38 41127 1271a

"l5ii"isi415 16961a 971^72 724513 461a

"iih"ia"•90 921a•40 52I9I3 2036 37loiialoiia82 82

47 471a4,^14 46V78«|, 7US.4<i>a SOHil•lOlg U21 21 '

•14 llljl,WKjl3y ..

12l«8l22-S,81\| 83IIX 113111<^112=4140'g 14111814 110•9 10

•23 28aou 31^92=8 93=162 62

117=8 118<8'12 13

{

61* 6i8•11 1237 376 OH)

38 3821^ 2247 49 «21a 2=8

lOia 191a

16 '8 18=814=8 14=842=4 44<4130 130

"52"i "521a

25 Hi 25=49>t 9Hi

•20 24

92 9214 13621a 04

V

8=4 B.H14=, 16

55 la 551-2

no's H9 Hi

10i=4 ioi'ie

".'.'.'.'.i'io

20 207II4 711;.43=4 4311014111•4 61-.

•24 3060^8 631.2

134 14097 985914 60

'111 114

1921a 1921a

•255 270 •255 270 *2.-.n 270 •250 270 '250 270.49 Mh 49=8 6013 47=4 4gia! 47ia 51 49=« 48^4

22 23=<.48 14 60=42«B 2=4

20 2UI4

171a laie-1413 131242 44128=4 12^=4

91=4 93141-2 15^61 64 149I4 «,15 16

91=8 92>414=4 13^67'a 61=18=4 9'»

15=4 16i»l

57I4 57I4

llO-blW^

ioi^%ioi=^

•150 " m"20 14 2173 7iii-j

43=4 43>.2109 la 109 <a•4 515

•24 SO59=4 611a

•133 13799 99•39 62>110 114

SHl 81a

iVs" 148'

60 60 60 60 60 60

135 133OH 9060 60

'110 114

121 121

•37 41128 128=4841a 841a15ia 16'14 159314 96 >4

721a 72194514 46

"is"' "s'i"90 94•46 62

101 10179 80

14^8 13 "-J

7U''a 81

i24=i 126"60

II314 114T^ 7=8

•loia'103 13092 9218% 181360 SO131a 131a

"9ii"9'ia•4 8

•13 18

22 >4 23 1449 62 14

21a 2=,

201a 21

15" is'171a I91414=4 1442 43

321a 621a26 269 9%

•22 2lia43 4688 88

14414 Uji

•260 270

luinKo winco Jan. 1, ISHt

Highest, "i«1i

1004,561

16,1952,450

40

3fli;23224,0311,400800300100

7,80.564

4,124300

114,9911,325

62,815

2',7'4'3

100

iii'i'o

3,900l,iOO2,780

30014,705

129,2612,3252.480400133

107.5111,000

286,6001763011400400

6.840

200900695

3,70032,400

562,93 1

(;.55011,511

5302,900600

2,S68400

ili'fi2.200

30,1402,428

303.371

82 .Tan.42 Jan.15 Jan.32 Jan.00 Jnn.79 Mav10 Felj.33 Is Jan.13 Mav27 la Apr.13=8 Apr.79 A|>r.81a Jan.

12liaJau.46 Jan.11078 Jan.

7 Is Apr.I514 Apr.125 Apr.85 Jan17-T9Apr.471a Apr.12 Mar.176

, Jan.8 Apr.3»8Jan.

13 Jan.10 Jan.36=4 Feb.18=4 Jan.401a Jan.2 Apr.16% Apr.7 .Ian.15 Jan.151a Apr.13 Jau41 4 Apr.l28i4Mar.

3 Apr.52 Apr.251a Apr.8% Apr.

19=4 -lau.40 Jan.88 Jan.20 Jan.371a Jan.84 Hi Jan.25 Mar.86 Apr.84 Jan.14 Apr.59% May8=8 Apr.

14=4 Apr.

I 651a Apr. 201117=4 Apr.21

I lOiaJau. 211103=4 Apr. 23> 73 .Ian. 21'122iaJan. 7

2(1 Apr. 2.-<

70 .Apr. 2340=4 Jan. 21LuaiaFeb. 1-

4iaJan. 212318^ in. 2150»4-May 2

15 128 Jan. 31465 I 91 Jan. 3!:

45j66 Jan. 3'

10 1 103 Jau. 23 1

7 in.-, j„i,. :io7'

13l(t

1 .ill.

.ellI an.. eh. 1'.

lob. 12I- lib. 12i>''U. IIJ-io. 61J.in. 11Jj.n. 8Fol., 11Mar. 14Apt. 1

Jjin. 17Mar. 1

Jiui. 8Fob. 15Fob. ISJan. 7:

Feb. HMar. 18Jan. 4Fob. 13Mar. 11

Jan. 6Jan. 751 ar. 4Mar. 15M-w. 4I an. 4Feb. 25Apr. 7Mar. 17Mar. 18Jan. 11Apr. 15Mar. 4

Jan. 7Apr. 10.1 an. 7Fob. 11Jan. 6Fob. 11Mar. 24Jan. 29Mar. 14Mar. 13Fob. 15Fob. 14Apr. 28Apr. 12.Ian. 5Mar. 3Apr. 4May 1Ian. 7Feb. 28Feb. 10Feb. 25Feb. 15Jan. 7Jau. 7.Ian. 7Mar. 17Mar. 19Mar. 22Jan. 7Fnl). 4Feb. 23Apr. 14Jau. 11Feb. 14Fob. 15]Feb. 4Mar. 21Mar. 17Feb. 6'

Mar. 18Mar. 18Apr. 10Jan. 9<

Jan. 26Ian. 7Feb. 11Feb. 16Ian. 7Jau. 6

2rt 1330 V8:iO 1727 140 '4

21 127=42H 94 I,

21) 1192M 124H I4n<a

21 126=427 131427 3521 341-2

21 901420 69 Hi23' 14114 217 1331,29 2.'.»»

22 8I4

17 141,•J 51

21) 8H112 ..'00

17 5129 14011 8621 20 14

21 19=417 104=4

;< 7Hil21 61%10 3522 6921 lUH;23 59 Hi

3 24111 4081 1032 94 Hi

11 1624 442 18H)

2!) 36 Hi

29 231,'Mt 052.-. 13=422 12719 5817 122:io lOigIf 20=42H 1251l> 94 Hi21 28%30 71

17 413 18426 16H>V.4 618 I8I4

29 117 42

26 2723 67=819 3^29 25 '8

ft 911 2424 34%21 1729 00%29 135VH 52."i 6130 3215 lOis

241.'. 603 9616 27?l\ 5031 96 Hi

11 32=41? 90V- 9929 22%

81%1' 19=4

'%

11 > i.:2^1I5>4 140%134 157lllliHf 127^410 Hi; 2233 : 67H30 56

! 91 118^

lUHi 131%2II4 31%41-2 11%

13Hi 33%92=4 114%58 86%

68%

129%%641

111% 129%7 15%

1394 8690 10583=4 88%26% 40%72 8317 Hi 62%

169 18315% 29%

28 32

61% Jan. 8127=4 Apr. 1«|17% Mar. 17

114 Feb. 1170 May 1170 Fob. 905% Jau. 7112 Jan. 2856=4 Mar. 17117 Jan. 7;

6% Feb. 11'

32% Feb. 678% Feb. 16

40I

69%87 100%33 40%90 87%94 Il69%17%| 4870% 104%15 36%28% 67%

167 eoH118% 140%

1 14 89%102% 112%82 06%

i

55 125I 66 81%i90 160

I

28 44%Ill2% 134I

6 I 8%

128% 13»,

65% 69%113 {las

100 824

850260

15200

8.500

%MayI4 Apr.Apr.Feb.Jan.Apr.Apr.Jan.Fob.

% an.FebMayJan.

% Apr.Feb.

%Jan.

9; 901 I4iiH8 1113 H

14' 211 122H

11! 1514 10 H19126421 51

. 18. 12. 16 1140• 11; SI. 21 60-. 10 I 77. 4 138. 9 96. IS, LSn•21; 18. 241 20-.2:1' 118. .1 1 10.31 919 201)

. 30 29

10 17%

15068%70%89138112%

Hi 145%Hrl97

31118

I 17' 14280%

% 80%

* These are theprioea bid and uked: 00 sals waa made at the Board. t Kx^prlTUege. { Lower prloa Is exKliTldend.

Page 20: May 3, 1884, Vol. 38, No. 984 - FRASER · ft THECHRONICLE. fvoL.xxxvin. WOVldQU%XCh^UQZ. Drexel,Morgan&Co., WAIiliSTREET, CORNEROFBROAD,NEWYORK. Drexel&Co., (Drexel.Harjes&Co NoMSouthThirdStreet

532 THE CHRONICLE. [Vol. XXXVm.

RAILROAD EARNINGS.The latest railroad eamings and the totals from Jan. 1 to

laiest date are given below. The statement includes the grosseamings of all railroads from which returns can be obtained.The columns under the heading "January 1 to latest date" fur-nish the gross earnings from January 1 to, and including,the period mentioned in the second column.

Soadt.Latest Xamingt Seporled.

Week or Mo 1884.

Ala.Qt.Southern Marcha Atch. T.& S.Fe February.

.

Buff.N.Y.&Pliil- February..Bar.Ced.K.&No. 3dwk Apr.Canadian Facillc 3d wk Apr.Central Iowa ... 3dwk Apr.Central Paoittc. JIarcli

Cliesap. & Ohio. 3d wk Apr.EllzXex.&B.S. 3dwk Apr

Chicago & Alton 3d wk Apr.February .11,971,013Chic. Burl. & q.

Chlc.<fe East. 111.

Chlo.&Gr.Ti-unkChic. Mil. &gt.P.Chic. & Northw.Ch.8t.P.Mln.&0.Chic. &. W. Mich. 3d wk AprCln.Ind.St.L.&C. 2d wk Apr.Cln. N. O. & T. P. MarchCln.Wash.&Balt. 3dwk Apr.Cley.AkroD& Col !3d wk Apr.Clev.Col.C.& Ind February.

97,6001,167,020179,23648.43874,00034,676

1,624,00069,91514.203

163.908

3dwk Apr.I

Wk Mar. 8:

3dwk Apr.3dwk Apr.]3d wk Apr.

I

February.

.

Februai y.

.

3d wk Apr.

Danbury & Nor.Denver* Rio Gr.Des Mo. & Ft. D.Det.Laii8'g& No. 3d wk Apr.Dub.&SiouxCityi3dwk AprEastern MarchK.Temi.Va.&Ga. l6t wk Apr,Evansv. & T. H. 3dwk Apr.;Flint & P. Marq.'3dwk Apr.|Flor.R'way & N.,3dwk Apr.;Ft-Worth & Den. ' MarchGrand Trunk ... 1Wk Apr.l9

!

Gr.BavW.&St.P.isdwK Apr.Gulf C'ol.&SauFe 23 dys AprHOUS.E.& W.Tex February .

Am. Cent. (ni.)J3dwk Apr.Do (Iowa) 3d wk Apr.

Ind.Bloom.&W.ISdwk Apr.K.C. Ft.S.& Gulf 2d wk Apr.Kan. C. Sp. & M.iSdwk Apr.Kentucky- Cent'l

1

3 wks Feb.1* Erie A; Wesfn Januai-y ..

I,.Rk.&Ft.Smitb;.MarchL.Rk.M.Riv.&T. .MarchXx>ng Island

1

4th wk AprLa. & Mo. River;,ranHary..liOuisv.&Nashv. 3d wk Apr.Mar.Hougb.& O, MarchMemph. & Charl. ' 1st wk AprMex.Ccnt., 8o.D.J4thwk MarNorthern Div .1st wk Apr

Mex.Nat., No. D.'3d wk AprBouthcin Dlv. 3dwk Apr.Other lines

]4thwk Mar

Milwaukee & No 3d wk Apr.Mll.L.Sh.&West.lSd wk Apr.Uinn. & St.Loui.s February..Missouri Pace. |M;trchMobile & Ohio .. i MarchNash. Ch.&St.L. MarchN.O.&N<n-theast'.MarchN.Y. & New Kng'Februarj-..N.Y.L.ErieifcW U

j

February.

.

N. Y. Pa. & O.lFebruary..N.Y.8us(i.&West iSIareli

Norfolk & West. 28 dys AprShenandoah V-I2S dys Apr

Northern Ceutr'l MarchNorthern Pacific 3d wk Aj)r.Olilo Central 3d wk Apr.Ohlo&Miss MarchOregon* C'al... February..Oregon Imp. Co. Jamiary ..

Oregon R.&N. Co, February..Pennsylvania... MarchPeoria Dec AEv. Sd wk Apr.Phlla. & Erie ... MarchPhiht. & Read'^ MarchDo Cent.N.J. MarchDo C. & Iron March

Richm'd&Danv. 3dwk Apr.Ch. Col.& Aug. 3d wk Apr,Columbia* Gr. 3d wk Apr.Va. Midland. istwkAprWest. No. Car. idwk Apr.

Roch. & Pittsb'g 3d wk Apr.Konie \Vat.& Og. March. .

.

Bt.John8l).<fcL.O. January.8t.L.Alton&T.H. 3d wk Apr.

Do (brclis.) 3d wk Apr.Bt. Louis & Cairo 1 st wk Apr8t L. Ft. 8. & W Ulwk Apr.8t.L &8an Fran. 3dwk Apr.Bt.Paul* Dul'th id wk Apr.StP.Min.* Man. MarchSouth Carolina . MarchBo.Pac.Cal.N D.I January...Do 8o. Div.(/. January...Do Arizonajr. January. ..

Do N. Me.v.i/. January...Tex.&8t.Louis/j 2il wk Apr.Tol. On. & St. L.;Fcbruary..Union Paoiflc...: February..Utah Central . . .

' February.

.

Vloksb'rg & Mer.VIcksb.Sli &Pac.West JerseyWisconsin Cent'l

MarchMarchMarch1st wk Apr

30,00160.057

434,000391,600128.40030,56144,965

231,60028,1799.683

281,05313.5 41

391,7807.172

29,10318,373

244,29371,29514,57350.41217,48629.600

309,9156,942

95,2426,899

197,10033,20049,30637,10919,61029,02-87,63843,81725.69840,33951,200

248,04024,33131,78561.94811,1628.100

18,10011,5609,745

21,52596,491

188.899206,81933,110

252,5131,233,409336,74271,704

178.24053,899

46;{,564314,10021,9"

420,04761.997

261.192187,503

4,002,62716,362

2J5.4021,456,180731,961911,46579,30013,7969,836

e 17,39110,17721,201

133,163/ 12,64023,72716,5505,7586,156

79,94720,115

700,100110,69579,413

310,257166,06954,83418,80383,611

1,547,96975,43338,9007,6110

82,49330,518

1883.

S89,615

1,033,534147,06952,66393.00028,769

2,024,53364,70813,448

161,8371,611.021

31,06059.603

458,147394,50096,60029,81244,633

227,47534.3109.781

315,54014,293

457,5356.120

30,58823.679

267.60169.91S14.547i57,17214,67126,200

364,3018,469

88,30121,788

132,60142,96858,73330,996

Jan. 1 to Latest Dale.

1884.

S266.781

2,339,368346,307781,076

1,018.346417,787

4,591,0001,069,508193,883

2,401,6953,619,233428,835521,636

5,961,0005,876,8001,506,100448,838598,139574,181499,660129.324556,49125,740

879,07199,181

1883.

256,6612,099,328344,959793,741957.741349,429

5,238,1661,033,029197,030

2,352.8233,236,701484,834483,173

6,053,3.505.996,5091,332,593440,976648,788867.322540,12,5118.457626,70628,961

921,29787,421

33,751123.57248,04732,59837,96749,600

214,76920,89620,80645,16.->

9,60019,535

107,548

184.844206,161

7,488237,711

1,283.616388,11376.974

179.50956.972

506.86.5146.7J016,543

391,61657,3J0

238,507233,238

4,189,38015,009

308,0691,669,211

1,166,48370,10012.7099,120

c 13,0717,3967,328

120,62116,76324.38513,3867,3933,587

66,52317,722

729.813136.73386,989

29»,73318<',00]

56,574

6i'.5981,673.224

98,38043,8034156

76,84932,238

267,473765,663

1,032,674198,900744,427331,168•60,300

4,858,095107,946494.04350,741

3,019.300496,800783,079657,321237,18877.67587,638

119.92882,333

621,54551,200

4,00 1 ,42863,143

369,331490,076136,222135,350217,500101,260150,235312,790229,919

3,977,289539,584604,306107,648499,273

2,505,74082J,388199,899826,915228,121

1,271,0232,987,200296,1909:14,950137,491264.192486.877

11,003,593231,875747,667

4,192,8692,193.4172,850.2641,207.173255.397221,666353,459120.838239,666

'{2,640

312,724786,068

1,027,35920.1,970758,934281.07975,200

5,438,979111.391525,01046,637

3,302,781575, .348887,212533,962

82.936123.572132,630104.238592.30749,600

3,940,38367,775

338,970431,256

249,79665,743

144,10"1,312.948260..531

1,556,534373,59479,4 1

3

310,25166,06954,831

213,010177,185

3,036.877150,71612513937,812

218.979397,8601

130,690262,839191.007

4,031,629569,301593,81516.473

483,3922,80,S,485840,3 3211,778783,67,5210,0<)8

1,492.9831,322.158271,316

1,025.067139,790238.507611.833

11,830.952196.013923,472

4,731,878

3.dj,5.b2i1,156,719233,5J6283,587354.86292,24096,257

16,763

257,96387.49152.347

1,059,999273,304

1,60.4,189415.97380,9^9

299,73318'1,00156,574

lii'.o'oi

3,590,078198,061140.04925,773

20(J,72.^318,703

a Includes Southern Kansas lines In both years. 6 Includes SouthernDivision. c Includes Iron M mnt.iin Railroad. d Not includinifearnines of New York Peun. & Ohio road. e Freight only. /Snowblockade, g Included in Central Pacific earnings above, ft Embracinglines In Missouri, Arkansas and Texas.

New York City Banks.—The foUowing statement shows thecondition of the Associated Banks of New York City for theweek ending at the commencement of business April 26:

New YorkManhattan CoMerchants'Mechanics'UnionAmericaPhenixCityTradesmen'sFultonChemicalMerchants' Excli.Gallatin National..Butchers' <&Drov..Mechanics' A Tr...GreenwicliLeather Manuf'rs,Seventh WardState of N.YAmerio'n Exch'ge.CommerceBroadwayMercantilePacificRepublicChathamPeoples'North America ...

H.inoverIrvingMetropolitanCitizen'sNassau .

MarketSt. NicholasShoe & Leather .

.

Com Exdiange . .

.

ContinentalOrientalMarinaImporters'* TradParkWall StreetNorth RiverEast BiverFourth National..Central National..Second Natioual..Ninth Natioual...First NatioualThird National ...

N. Y. Nat. Exch..BoweryN. Y. CountyGt'rrnan--\raoric'n.Chase Natioual...Fifth AvenueG L^rman Exch'nge.GermaniaUnited StatesLincolnGartteldFilth National....

Average Amount of—

9,685.0008.054,0007,617,9008,262,0004.300,00010,286,0003,055.0007,228,9003,164,0001,650,100

14,207,6003,218,6004,718,2001.884,8001,013,0001,024,4003,1,S7,8001,309,2004,119,80011,578.00019,370,8006,1)23,7007,199.3002,312,1003,332,1004,045,1001,577,7003,492,0009,518,9003,14(i,700

10,938.0002,849,2002,690,8002,797,2002,85(i,2003,272,0005,507,7006,186,5002,191,5004.451,000

20,919,800,19,574,300,1,725,7001,537,0001,181,400'

16,780,200,8,330,00013,090,11006,124,200

13,536,300,4,834.0001,638,1001.994,0001,893,6002,618,6004,445,300;2,546,600

. 2,207.400]1,946,100;6,550,0002,000,900,947,600

1,229,6001

1,750,0001,032,0001,444,700973,0001

1,044,5001,185,200552,000

2,427,600370,500453,0001

2,834,400364,900600,300395,800160,00047,900143,700232,200474,000

1,274,0003,335.400859.700

1,513,000354,000;442,900983,70090,000

338,7002,198,300807,300

1,386.000• 723,000;

173,300550,S00230,200689,000508,100

1.416,800101.000816.000

4,957.30(14,755,8002;(7.40027,00088.600

3,l»4,200625,000320,000762,900

3,432,600461.900132,0003dti,80O18,190

318..3001,0911,900620,10098,000

119.5001,072,200356,00055,400

119,9.,0

Total 343,355.!iOO: 58.2 15,300 28,125,500 335,681,000114,493,800

963,663,769,563,322,E68,124,331,110100,818,400,371,102,120.147,415,112,380.

1,868,1,297,282,426,208,411,310161,335,566,500,670,288,258,103,183,103,196,534,295,216,

1,139,1,758,183,207,171,

1,175,1,488,744,634,676,558,227,203,615,94,

285,77

292,289,2782.(3,

166104

000

1

000000,000sool100700;,000,000,800;

Circuia-tion.

,0001,B00,

,000;,300,100,,000,0002001,100,000,900,300,600000100,800000,000,600,300700,300100,900,800,600.1001.0001,100200,200.600300

),380,000r,105.00,l7,483,1003,881,0003,856,4007,874.4002,685,0007,619,6002,039,1001,430,7005,687,1002,839,4002,784,9001,805,3001,096,000981,600

2,314,3001,317,9004,305.3008,918,0005,210,2005,095,500,7,756,1002,499,3002,701,5004,594,1001.823,7003,700,2000,219,800,8,078,401)7,919.0003,420,8002,981.1002,480,9002,62'2,1003,473,0004,487,0007,474,6002,020,1004,958,0003,588,1004, 3-22,8001,667,8001,507,000962,900

7,281,800B,638,0004,102,0005,870,8003,184,6004,304.5001,393,3002,006,1002,344,4002,245,9005,563,9002,716,4002,586,2002,279,0005,939,9002,325,300845,300

1,183,500

368,000

783,800

180,00046,0006,400

438,200

460',00d

'e-y.ibo

2'68.0061,289,300

45,000

268,000226,000180,000

,u

The foUowing are totals for several weeks past:

Jan. 5• 12" 19" 28

Feb. 2•• 9" 16" 23

Mch.l" 8" 16" 22' 29

Apr. 5•• 12" 19" 26

Loans.I

SptcU. \L. Ttnder»,\ Deposits, \OirctiUition Agg. Olcar'oi

331,353,000329.897,2003:12,580,800333, 881), 2011,

333,841,400311,910,100345.891,201)311,523,800344.433.800348.279,900,351,0<7,20()347.605,700316,-'03.70ll347,81)0.500343,421,000347,324,900343,355,5001

I $ I

62,877.000,27,88,070,200 30,70,380,800 33,:7'2,921,300 34.73,981.300 31,78,235,800,33,7a,:U9..SO0 32,77 SuO.'JOO 32,70,818,200131,71,898,100,29,65,718,1- 00 23,67,423,30028,66,998,900 27,81.050,200 28,63,H84.'200,2o,60.750,100 '20,

58,215,300 28,

,822,500644,80029^,800031,000104.900207,500577,100240,200789.700893,900720,800,,591,000405,000218,000840,300981,500125,500

I

329,950,'200333,253,700345.680,700319,391,100:^65.071,31)0361,395,600363,544.400361, -180,200359,7.'il.7l)0355.085,301)331,273,500349,71)0,701)346,709,800343,989,300314,352,300340,661,300335,684,000

14,706,70014,058,30014.425,90014,669,30014.604,00014,511,90014.638,20014,364.900114,600,80014,812,311014,669,.50011,270,60014,333.80014,391,70014,339,40014,463,30014,493,800

735,843,018770,600,920801,923,471718,923,779771,833,128779,256,007715,319,279827,907,270671,658.164360.677.808578,598,367591,248,546610,332.764690,816,010578,^04,206652.880,160707,078,338

Boston Banks.—Following are the totals of the Boston banks:

1884. Loans.

Janl4' 21'• 28

Feb. 4" 11'• 18" 25

Mch.3" 10• 17" 24•• 31

Apr. 7* 14" 21" 28

Specie. \L, Tenders. Deposits.'

118,537,147,703,146,593,145,960,148,132,143,61«,146,374,145.91H146,317,145,435143,007,144,530,146,'227,145,794145,462,145.734,

700100301)500000,000400,400^

700;400)300600500000900

1

000

6,391.60016,179,5006,182,1006,502,6006,465,9006,962,7005,966,5006,181,2006,3-27,0006,231,600,8,277,4006,388,7006.200,300'6,039,1006,061,'2006,176,8001

,677,483,,018,,891,,807,,378,,193,,701,,279,,904,,900,,015,,119,,821,,473,,570,

I

800200,300;,500900,800,500,500,700,700,700,600,

,400l,100,600,100

101,06098,06998,303,98, 1 23,93,0i>6,98,302,97,768,97,801,96,780,95,716,95,470,94,480,96,673,08,276,97,055,95,692,

900200500800400,000,600,900400,200,900,700,600SO)100,600

714.600623,000681,900195,300696,500567,500073,100519,300432,600015,600890,800880.300917,900040,800988,900993,600

Agg. UUctr'gs

$70,237,03567,441,63164,190,68159,751,6116'2,4S5,346

66,073,57354,121,84967,862,01005,578,16060,803,21464,424,33656,439,10871,903,14765,350,66467,433,39463,511,843

Philadelphia Banks.—The totals of the Philadelphia banksare as follows:

Feb.

Jan. 14" 21" 28

411

" 18" 25

Mch. 8" 10" 17" 24" 31

Apr. 7'• 14" 21•• 28

Lawful Money.

77.165,14777,109.2677T,294,'.in277,795,52077,818,80378,534,50378.846,16779,730,20480,590,30280,713,40680,911.12180,612,60380,462,23379,4.<2,24079.217,38579,203,408

23,04-.>,72121,588,62021,210,41221,719,93922,694,531'22,102,42021,301,90121,477,53021,153,28020,938,67319,845.01619,300,20818,681,12319.613,94819,-<14,a7719,729,520

Deposit*.*

72,316,55371,729,73071,205,3607-2,437,94272,339,73172,30:'.42072,955,58273,723,26373.758,30973,775,13572,728,14571,7-20,68871,764,14772,121,7507-2,312,65471,970,084

Circulatton. Agg. Clear'm

9.202.2669, 119,3568,990,1268,957.'2038,946.3039,003,1259.0l'2,3738,979,6568,995,0709,003,824

E,002, 169,755,193

8,752,2538,628,3528,526,7238,509,036

54,865,48960,460,41561,163.72a49.632,19853,997,98462.842,75544,718,09061,960,60151,909,26446,300,66450,902,9064 5.096,30457,954,76344,374,23968,314,12152,090,651

* Including the item " due to other hanks."

Page 21: May 3, 1884, Vol. 38, No. 984 - FRASER · ft THECHRONICLE. fvoL.xxxvin. WOVldQU%XCh^UQZ. Drexel,Morgan&Co., WAIiliSTREET, CORNEROFBROAD,NEWYORK. Drexel&Co., (Drexel.Harjes&Co NoMSouthThirdStreet

May 8, 1884.) THE CHRONKJLK 683

GENERAL QUOTATIONS OF STOCKS AND BONDS,?ii(itntl(inn In Niiw Y<irk ropoiioiit the per naut raliio, whatovnr the par may lie ; otlnir (jitotiillini iiro rriM|finnily tnitde n«r nhtrn.he f<>II<iwlii({iil>lirtn-l»llon» iircM)ftBn lUXKl, vli : "M.," fur inortifUKn : "K.," fur (fnld; " (f'll'" for gii4riiiil««d; eiiil.." f<>r eiilurw

tor oonnollilttUMl ; "oouv.," for cniivoilllild ; "H.f.." fur iiliikliii,' fuml ; ••!. it," for liiud Krunt.QuoUtlouB In Now York iiro to Tliiirrtdiiy

; from ottmr ('ItliB, to liiU< innll diitiMi.

iiabiicrlbef will cuiiHer mtUvor by glvlnir notice ofoy error dUeorerod In thn«e QmitaHon «.

luriieJ ;" wioa

,

6l«ITKD 8TATB8 BORDQ. Bid.

VNITKD STATEH BONDS.1>»,181)1 n.^..Q—

M

',1891 ooup..a—

M

48, 1907 reK...Q->l4a, 1907 coup.. .(J—

J

8b. oiillon U. 8 reg-.Q.—P.6«, Currency, 189» reif JAJ6ii, t'orrcncy, 1896 reg J&Jea, Currency, 1897 reft JAJea, Currency, 1898 reK....JAJea, Currency, 1899 red JAJ

STATB HBCIJRITIES.Alabuiua—Cliiaa "A," 3 to 5, 1906...

do sniiill

Cla*» " «." .la, 1906tliws •' C," U. 19066», 10-20. 1900 J A J

Arkanwis—6r, funded, 1899 ..JAJ7b, I.. K. a Ft, 8. Ibbuo, 1900.A A O7a, Memphis A I,. R., 1899. .A A O7e, L. R. P. B. A N. O., 1900. .A A O7a,MlB8.0.A R. KIV..1900..A AO78, Ark. Central KR.. 1900.A A O78, Ixivceof 1S71.190O J A J

California—Os, civil bonds, '93-95.*Connecttcutr—68, 188558,1897 MAN

Delaware—68 , . JAJ'DIat. Cul.—Cons. 3-658,1924, cp.FA

A

ConBol. 3-658, 1924, rogFunding 58, 1899 JAJIPonu. Imp. 6s, guar., 1891...J4iJfPerm. Imp. 7s. 1891 JAJIWash.—Kund.loan(Coug.)68,g.,'92IIll5^"" •""''--11241,

102103

113i«II3I3112115llU'-a

Ask.

xl2i*11S>(123 >s123 9«

83 >i84

83

151(1

Cixr 8kcdritib§.

115115

Fund. loan(L«'K.)«>8.g.. 1902VarlMarket stock. 7s. l-(92Water stock, 7h. IttOl

do 7s, 1903Florida—Consol. gold 68 J A JQeorgia—68, 1886 FA A78, new bonds. 1886 J A J78, endorsed. 188678, gold bonds, 1890 0—

J

88,*76, '86 AiOKanaaa—78, long JAJLouisiana—New con. 78, 1914..JAJEx matured coupon

Maine—19. 188S FAAWar debts as.suined, 6s, '89.AA Ol

Marylaml—Ss, exempt, 1887...JAJ68, Hospital, 1882-87 JAJ68, 1890 '

58. 1880-'90,3-G5s, 189T.

Hassaoliusette—58. gold, 1890.AAO88, gold, 1894.1895 Var.lBb, g., sterling, 1891 JAJ;do do 1894 MANJdo do 1888 AAO;

Michigan-78. 1890 MANMinnesota—New 4188 J A JMissouri—Os, 1886 J A J

FiuiiliuK bonds, 1894-95 J A Jlong bombs. '89-90 J A JAayluni or University. 1892.J A JHannibal A St. Jo., 1886 J A J

do do 1887. ...J A JNew Hftiupshlre—58, 1892 JAJWar loan. (>3. 1S91!-1894 JA .1

1

War loan, lis, 1901-1905 JAJWar loan, 68 1884 MAS

New Jersey-68. 1897-1902. . . .JAJ66, exempt, 1896 JAJ*

New York—68, gold, reg., '87...JAJ6», gold, coup., 1887 J A J8a gold, 1891 JAJ6b, gold. 1892 AAO68, gold, 1893 AAO

Ho.Carollua—68, old, 1886-'98..JAJ68, old AAO68, N C. RB., 1883-5 J A J U6b, do AAOU68 do 7coupon8oir J&J68 do 7coupon80(r .\AO6b, Funding act of 1866 1900JAJ6b, do 1868,lS98AAO66, new bonds, 1892-8 JAJ68 do AAO6B,Cliatliam RK AAO68, special tax, class l,1898-9AAO6s, do .clas82 AAO68. do W'n N. C. RR.AAO6», do Wil. CAR.. AAO4s, new, cons., 1910 J A J

OhloGs, 1886 J A JPenna.—5s, new. reg., '92-1902.FAA

48, if.K., 1894-1904 FAA48, reg., 1912 FAA

Rhode Isl'd—68, 1893-9, coup. .J AJSouth Carolina—6s, Act of March (

23, 1869. Non-fimdable, 1888-. i

Brown consolsTennessee—68, unfundedCompronii.se bonds, 3-4 -5-68, 1912Bettlemeut. ;ls

Texas-Os. 1892 MASI7a, gold, 1892-1910 MASI78, gold, 1904 J,&JI

Vermont—68. 1890 J ADVirginia—6s, old, 1886-'95....J A J68, new bonds, 1886-1895.. .J A J6», consol.. 1905 J A JOs, consols, 1905. ex-coup JAJ6a, consol., 2d series JAJ6a, deferred bonds.Tax-reoelvable coups., pre'v. to '83

Do sub. to '83

38

119%12812811210410,>

105110

1127767lomUl>410610410899108109 >«

116

118x100106118111112llOisno's11111813JlOlis12511810.1

10911311511732321601601351351212171722222

83 ««

107 >4

119

lis'120

106 »«41>9475311512513011540406040>a537

601s42ii66

116ifl

1161a

116

116

7010219114i«109109112102109llOis116>4

105

112120136102

3434

85

42 >«

5<jis

Bid.

1061 1«4356 >e

OITX flE<'l)RITIBS.Albany, N. Y.-«s. loug....Variou»l78 long I

Allegheny, Pa.—8«, op., '83-97. . Var.4i»8, ooup.. 1883-ldOl Var.4a, ooup., 1901 Var.Allegheny Co., 5a, op., 1913..JAJ4a, not loan, 5-lOe48, do 10-20aSs, do 5-108Be, do 10-20S

Atlanta, Ga.—78Do. 8sWaterworks

Aagusta, Mo.—68, 1887, niiin..FAAlAogusta, Oa—7s VariousAustin, 'Texas— 10s^Itlniore—68, City Hall, 1884 O-J68, Pitts. A Con'v. RR.,1886. . JAJ6s, consol., 184)0 Q—

J

68, Bait. A O. loan, 1890 Q—

J

6B,Park, 1890 Q-M6s, bounty, 1893 MAP68, do exempt, 1893...M AS5s, water, 1894 JAJ68,1900 J,tJ68, West. Md. RR., 1902 ....JAJ58, oonsol, 1 885 Q—

J

68, Valley RR.,1886 AAO58, 1916 MAN48, 1&20 JAJ

Bangor, Me.—6s. RR.,1890-'94.Var.l6s, water, 190.5 JAJI6s, E.A N.A. Railroad, 1894. .JAJI68, B. A Piacat-iquis RK..'99.AAOI

Bath, Mo.—68, railroad aid Varf58, 1897. municipal

Belfast, Me.—68, railroad aid, '98.. I

BOBton,Ma88 —68,cur,long,1905Varl68, currency, 1894 Var.58, gold, long Var.l

I4ias, 1908 AAO,4b, currency, long JAJi

Brooklyn, N.v.—7s, short JAJ78, Park, long JAJ

!

78, Water, long J&J7s, Bridge, long JAJ68, Water, long JAJ68, Park, long JAJ68, Bridge, long58. Bridge, longKings Co. 78, 1882-'89.. ....MAN

So 6s, 1882-'86 MANBuflalo, N. Y.—78,1895 Var.t7s, water, long Var.t68, Park, 1926 MA St

Cambridge. Mass.-5s, 1889...AAOI68, 1891-9(i. water loan J&Ji6s, 1904, city bonds JAJ *

Charleston, 8.C.—68, 8t'k,'76-98..Q-J78, tire loan bonds, 1890... .J A J7s, uon-tax bonds4s. non-taxable

Chelsea. M.iss.—68. '97.water I.FAAtChicago, III.—7s, 1892-9968,18954iss, 19003-65s,1902Cook Co. 7b, 1892Cook Co. .^8, 1899CookOo. 4iiS, 1900West Chicago 5s. 1390Lincoln Park 78. 1895West Park 78. 1390South Park 68, 1899

Cincinnati, O.—6s, long.. Var.l68, short Var.i7-308,1902 1

48 JAJSouthern RR. 7-308. 1906.. -JAJ

do 6s, g., 1902 MA;NIdo Cur. Os, 1909. ...FAA I

do Skg. fd. 53, 1910MAS t

Cleveland, O.—68. long. VarinusI78. short Var.Bs, long Var.48. long Var.

Oolambos, Ga.—78 Var.Covington. Ky.—7-308, long I

7-308, short I

Water WorksDallas, Texas—88, 1904108, 1893-96Water, 6s. 1900

Detroit, Mich.— 78, long Var.l78, water, long Var.l

Elizabeth, N. J.—7s, short7s, funded, 1880-1905 Var7s, consol., 1885-98 AAO

Fall River, Maas.-^s, 1904" .'

.'.FA Al58, 1894, gold FAA I

58,1909 FAAtFItchbnnr, Mass.—68. 'gi.W.L. .J&JIGalveston, Tex.—88,1893-1009 -MAS5s, 1920 JAD

Hartford, Ct.—City Os, var. dates..'Capitol, untax. 68 i

Hartford Town 4 ija. untax I

HaverhiU, Mass.—Os, 1889... AAOIHouston, Tex.—lOs68, funded

Indianapolis. Ind.—7-308, 1893-99 JAJI

Jersey City—6s. water, long, 1893..78, water, 1899-1902 J A J76, Iniprovemant, 1891-'u4....Var.78, Bergen, long J A JHudson County. 6s A.VO

112121100too10110999100100laM*108110108106107110:o(i>4

105113^ii:ii«

1131a115115113128128>s10110512311411211919113115103^102107134121119%lli»108 "t

10014514014012.-.

135123112103102115120112loo's120130775010677121II7I9109«1060899117%VOriaioa»81021a107110106

Ask.

10.'>

105103109 >•

100101101106

106 •!

1151011031141141141201201131a183131lO.I

108I28I91201141201151161031s

1071a13(5

122120112110105143

ii's

'

i:jo140135117114

103121133

1231!8

IO7I49919

129101129ligiaII913109

108 >s107 19103lO?"*UOig107

130105130120liO110

115105114104107981a12513040404040123110114112105951071^110.' la1033533

112lOi103102lOJ10^

12011011610711210213513544444444124112116lit11)6

1001101231115

1094040

101110I0'>

105I Oil

ClTT SKCDKITirjI.

Jersejr Olty—(Continued)Uuaaon County 7a ...MAS AJADBayonne City, 78, long JAJ

Lawrence, Maaa.—6a, 1894. ..AA Oi6b, 1000 AAO

I^ng rslaiid City, N.Y—W»t«r,7a,'95touHvllie, Ky.—7a, longdates. Var.l7b, short dates Var.l6s, long Var.l6s, short Var.lSa, 1890-1900 , ......MAS

Lowell, Mass.—68,1890, W. L.MANILynchburg, Va.—6a. J A J8a J A J

Lynn, Maas.—6a, 1887 FAAlWater loan, 68,1894-96 JAJ5a, 1905 MANI

Macon, Ga.—78 .

.Manchester, N.H.—Sa, 1885. . . .JAJ I

08, 1894 JiJIOs, 1902 JiJ4s, mil

.Memphis, Tenn.--6s, JAJ68,AAB J*J68, gold, fund., 1900 MAN6s, end., M.AC. RB68, consols JSiJ

Milwaukee, Wis.—58, 1891...J A DlVs, 1896-1901 Var.t7b, water, 1902 JAJI

Mobile, Ala.—3-4-58, funded. .MANMontgomery, Ala.—New 3a ..J A J5s, new

Nashville, Tenn.—68, old68, new

Newark—6s, long Var.l7b, long Var.l78, water, long Var.l

New Bcdfopd.Mass.—6s, 1909. AAOI58. 1900. Water Ix>an A.AO

N. Brunswick, ". J.—78, various. . .'

6s I

New Orleans, La.— Premium bonds.Consolidated 6s, 1892 Var.

Newport—Water bonds i-ZOaNew York City— 78, short

7s, long ,

68. short6s, long6s, gold (consolidated), 1896-190158, long^8, longNewton—6s, 1905, water loan. .JAJ

5s, 1903, water loan JA.INorfolk,Va.—63,reg.8tk,'78-85..JAJ

8s, coup., 1890-93 Var.88, water, 1901 MAN

Norwich. Ct.—58, 1907 AAO'7s, 1905 J.AJ

Orange, N. J.—78. long I

Oswego. N. Y.-7S, 1837-8-9 1

Paterson, N. J.—78, long Vai6s. long.5s, long

Petersburg, Va.—68 JAJ88 JAJ88, special tax

Philadelphia, Pa.—68, old, reg JAJ68, new,reg.,du3 1893 Aover.J.W4s, new Var's yrs.

Pittsburg, Pa.—Is, coup.,1913..JAJ.58, reg. and coup., 1913 JAJ.6s. gold, reg Var.78, water rBg.Acp.,'93-'93...AAO.78, street imp., reg, '83-36 Var.

Portland. .Me.—6s. Mun., 1893. Var.l6s. railroad aid, 1907 M.<[3

Port.sniouth. N.H.—68,'93,RR. JAJ I

Pou!;likeopsie. N. Y.—7s, water— 1

E\-ovidence. R.I.—58,g.,190O-5.JAJ 1

6 i, gold, 1900, water loan ... J A JDo. iS83 M A SI

Riuhmoud, Va.—6s JAJ88 J A J

58Rochester, N.Y.—68 Var.78, water. 1903 J A Jt

Rockland. .Me.—68,'89-99.RR..FAAn. JosepJi, Mo.—C^omp'mise 48, 1901St. Loul<. Mo.—7s, 1883 FAA

68, short Var.68, 1892 Var.58, long Var.58. 10-20 Var.

8t. L. Oil.—68, gold. 1905 A,!tOCurrency, 78. 1887-'88....Var..

3t. Paul. Minn.—68, long78, long8s. 1889-96 V»r.

3aleiu. Mass.—6s, long, W.L.AAOL.58. 1904. W. L fA't

Sail Francisco—7a, BCbool VarHs, gold, loug

3.ivaniiah funded 58. consolstomervilie, Mass.—5s, 1895. .AAOI68. 1385 JA.ribi»3. 1834 AAO:

'l-riugrteld, Mass.—68, 1903..AAO 1

78, 1903, water loan AAO I

Toledo, O.—7-303. BR.. HKW.M A N

I

Bs Var. I

6s. 18'J3 to '99 Var.l^asliiuitton, D.C—«(«« Diat. uf Col.Viliulngtoii. N.C.—688s, goltl. coil, on

Voroester. Mass.—«B, 1892...A.»i)i58.1905 AAO4s. 1905 A.VO

Bid.

110102121125

i'26'110103100101113%luB1251041191slis105100117121104454.^

4380709610311052537010010011411512013111310610090

10^14116110137110133133122100130116103115132

116102r.'o

112103105120123

113

123128

123'111113105IDS114108

1061311161101001*118126104 •«

5S6S

108103lie117122133117110102901a101117114145120134134125 la

105131118

134

120

1211*114

131

100109116125107113

10041091a117

116li9ia 121lit. la 11711011626

lOlia

117128103

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IOII9 105i«II- la 1111117 1081041s 103>9111"4107113;1012

»

115112101 HiSOlOt101101

119

113

126117

103*83111103lom

I.IOH I30>s1 a 1331a

100 103loK |1I3n7>« 117%IIM« 117103 1 106

* Price nominal ; no lato transactions. t Porohaser also pays aoorued interear. t In Lciidon. 1 Ooupons on since 18 j9.

Page 22: May 3, 1884, Vol. 38, No. 984 - FRASER · ft THECHRONICLE. fvoL.xxxvin. WOVldQU%XCh^UQZ. Drexel,Morgan&Co., WAIiliSTREET, CORNEROFBROAD,NEWYORK. Drexel&Co., (Drexel.Harjes&Co NoMSouthThirdStreet

534 THE CHRONICLE. [Vol. XXXVin.

GE>rEIiAl. QtrOTATION'S OF STOCKS AND BONUS—Uoxtinubd.For Explanations See Notes at Head of First Fa^e of ((uotatlons.

Eailkoai) Boxds. Bid.

.90

1111ni10312125lH'a

Ask.

113

127Hno's

RAILROAD BONDik.Ala.Ceut.—lstM.,68, 191S....J&JIncome 6s, 1918 J&J

Ala. Gt. Sontlicrn—Ist luort.. 1008Alh'y & Susq.-lst M., 7s, '88..J&J2d mortgage, 78, 188-5 A&OCousol. luoi-t., 7», 190e,giiar.A&0Coiisol. inort.. i)S,190ti, guar A&O

AUegliany Cent.— 1st M., 68, 192'.!

.

Incomes, 1912Allech. Val.—Gen. M., 73-103. ..T&J 12153 122East.exten. M., 7s.l910....A&Oj;i25 127Income, 7s, end., 1891 A&O 28 29

Atch'n &NelJ.—lst,7s, 1907. .M&SlI 121Atcn.Ton.&S.Fe—l8t,78.g.,'99.J&J t V.'2

Land grant, 7s, g., 1902 A&O ni7?iSinking fund, 6s, 1911 J&D lOl^f,

Guaianteed 78, 1909 . J&J&A&O I llO"*

58, 1909 (Istmort.) tlOl5e, plain bonds, 1920 t^6%4>2S, 1920 A&O 189Florence & El Dor'do, l8t.7s.A&0H(i9K.C.Topeka&AV., 1st M.,78,g.J&J 1 12U4

do income 79. A&o!tl0(iii)

N.Mex.&8o.Pac.,lst.78,1909 A&0:i 118

E.iii.ROAD Bonds.

Pleas't Hill&De Soto, l8t,78,1907 tlOS%Pueblo & Ark.V., Ist, 7s, g.,1903. 1 113Sonora, 18t, 7s. 1910, guar.. J&J 98i«

Wieluta&8.W.,lst,7s,g.,gaa,.1902 H0734Atlanta & Charlotte Air L.— lst,7s 110Income, Cs 85

Atlantic & Pac. -let 6s, 1910 . .J&J 90Incomes. 1910 J&J ISkCentral Division, old 80

do newBaltimore & Ohio -68, 1885..A&O 101Sterlmg, 58, 1927 J&D 1108Bterling, 6s, 1895 M&S ;112BterUng mort., 68, g., 1902. .M&S tll7

do 68, g., 1910. M&N ;123Parkerslnirg Br., 68, 1919. . .A&O II6I2

Balt.&Pot'c—l8t, 6s,g.,1911.J&J !115I8t, tunnel, 6s, g., g'd, 1911.A&O 1117

Bell's Giip— Ist, 78, 1893 J&J 1101st, 68, 1905 F&A 98Corsol. 6s, 1913 A&O

Belvldero Del.—lst,68,c.,1902-J&I) 1202dmort., 6s, 1885 .M&? 1013d mort , 6s, 1887 F&A

Boston&Albany—7s, 1892...F&A I122>s68,1895 J&J 1119

Bo8t.cnint.&F —l8tM..,68,'84,J&J tlOOl8t M., 78, 1889-90 J&J 1113B. C. F. &N. B., 5s, 1910....J&J 112N. Bedford RR., 78, 1894....J&J '121Equipment, 68, 1885 F&A 1101rram)gUam& Lowell—l8t.5.s, '91 tS>9

Boat. COUC.& Jlon.—f9.F.,6s,'89.J&J I lOOJaConsel. mort., 78, 1893 A&O Ull

Best. Uart.& E.—1st, 78, 1900.J&J ....

1st mort., 78, guar J&J 13Boiton&LoweU— 7s,'92 A&O tll8'4

68, 1896 J&J HI*New 5s, 1899 J&J tl07»a

Boston & Maine—7s. 1893-94. J&J I VZihiHost. & Providence—78, 1893.J&J 1124Bost.& Revere B'h—lst,6s,'97.J&J 1 1! 1»4

Bradford Kord. & K.— Ist, 68, 1932Br.idf.Eld.&Cuba-lst.6s.l932J&JBklynBatli&C.I.--lst,68,1912.F&ABrooklyn Elevated-Bonds 30Butt. Brad.& P.—Gen.M.7s,'96.J&J 100Buft.N.Y.&Erie-lst. 78, 1916.J&DBuft.N.Y.& Phil.—Ist, 6s,g.,'96.J&.12d 7uortgage, 78, g., 1908 . . .Q—MCons. 6s. 1921 J&J 96Gen. M.,63, 1924 M&9 88

Buff. Pitt8b.& West.—6s, 1921A&OPitts. Tltusv.& B.—7s, 1 896. .F&A 92Oil Creek, lstM.,6s, 1912...A&0Union & Titusv., 1st, 78,1890.J&JWarren & Fr'klu, 1st, 7s,'96.F&A 113

Buft.&.Southwcst.—68, 1908. .J.&JBur.C. K.&N.—lst.58,new,'06.J&l! lOS^s

C. Rap.[.F.& N.,lst,6s.l920.A&O 102%do Ist, 5s, 1921. ...A&O 92

Cairo & St. Louis— 1st mortCalifor. Pac—lstM.,78,g.,'89.J&J rlOO2dM.. 6s, g.,end C. P.ic, '89.J&J 11003d M. (guar. C. P.), 6s, 1905.J&J t

do do 33, 1905.J&JCalifornia So.—1st, 6s, 1922. ..J&JCamden & Atl.—lst,7s, g., '93..J&J2d mort., (is, 1 904 A&OCons. Cs, 1911 J&J

Cam.& Bur. Co.—1st M., 6s,'97.F&ACanada So.—lstM..guar.,1908,J&J 99''i:

2d mort., 58, 1913 M&S 87CarolinaCent.—l8t,68,g.,1920A&0 10:2d, inc.. 6s. 1915 J&J 70

Catawissa- Mort., 7s, 1900. . .F.feA 122CedarF.&Min.—1st, 7s, 1907.J&J 118Cedar R.& Mo.—1st, 7s, '91... F&A 11 10istmort., 78, 1916 M&N 1123

Cent. Br. U. Pac.. l8t8,6s,'95.M&N 100Fund, coupon 7s, 1895 M&NAtch.& Pike's P'k, Ist, 6s, g. M&N 102

Cent, of Ga.—lst.cons.,7s,'93.J,StJ 113Certilicates of imlebtedacss, 6s.. 91%

Cent. Iowa—New 1st., 78 , '99.J&JInc. bonds," debt certs.", 78,A&OEastern Div., 1st, 6«, 1912..A&OIlls. Div. Ist, 68, 1912 A&O 80

CentTalof N. J.—lstM.,7s,'90.F&A ll.iH78, conv, 1902, as.sentcd. . . .M&N 1 ; 1Con80l.M.,7s,1899,as8ented.Q—J 111Adiu.stnient bonds, 1903Coiiv. deben. 68, 1908 M&N 87Income bonds, 1908 M&NAm. Dk..V Imp. Co..5s,1921.J&J 92Leh.&Wilko,.sb.Coal.1nc.,'88,M&NCon8oI.,7s,gold,1900,a8.s'd.Q-M

Cent. Ohio—Ist M. (!a. 1 soo M&a

12:122I2118105U6%IOII48789I4lOSln12134108

118^499108k

' eat. Pac—1st, 68, .goM,'95-98.J&JState Aid, 7s, g., 1884 J&J8. Joaquin, l8t M., 6s, g.l900.A&OCal. & Oregon, 1st, 69, g.,'88.J&JCal.& Or. C.P.bonds, 0s,g.,'92 J&JLand grant M., 6s, g., 1890.A&OWest. P.acif., Ist, 68, g., '99. .J&J

Charl'teCol.&A.—Cons.,7s,'95.J&J

Bid.

112lOlls10=<

103 12106104111108

2d mort., 7s, 1910 J&Ji 100Cberaw ADarl.-l8tM.,8s,'88.A&Oi lOi2d mort., 73 103

Ches. & Ohio—Pur. moucy fd.,1898Series A, 1903 112%6s, gold, series B, int. dcf. 1908..; 1006s, currency, int. deferred. 1918. , 5263. 1911 A&O.l ICl

Chcs.O.& S.W.—M. 5-6s, 1911. F&Ai 88ChesUire-68, 1896-93 J&J 1 109'.sChic. & Alton—Ist M., 7s, '93.. J&J)Sterling mort., 6s, g., 1903. .J&J 1117

.Vslc.

113

91>319

90IO214110114119125

117119116

121

1-22%II9I2lOOifi

1131sH214

118

108

Railroad Bonds. Bid.

115=8 120

88129flOl1009510893%901483

tll8l2

102100102lllifiIS

118%115108I2414124I2lllifl

10440103

50

118111

103lOSSs

96 1»89

10493

104

92%

lOS

Bds. Kan. C. line,6s,g.,1003.M&NMiss.Riv.Bridge, lst.,8.f.,6s,1912Louis'a & Mo.R., 1st, 7s,1900F&A

do 2d, 71s, 1900 M&N8t.L.Jacks'v.& C, lst,7s,'94.A&O

do Ist guar. (564),73,'94A&Odo 2dM. (360), 78, '98. .J&Jdo 2dguar.(188)7s,'93.J&J

Chic.& Atlantic— 1 st. 6s, 1920.M&N2d,d8, 1!)23 F&A

Chic.Burl.& O.—Cons., 78,1903J&JBonds. 5s, 1895 J&D58.1901 A&O5s, debenture, 1913 M&N5s, 1919, Iowa Div A&O48,1919, do A&O48, Deuver Div., 19224s, plain bonds. 1921Bur. & Mo. R., I'd M., 7s,'93.A&0

do Conv. 8s,'94ser.J&Jitl20Bur.&Mo.(Neb.),l8t,63,1918.J&j{ni5

do Cona, 6s, non-ex.. .T&J|t 105 14

do 4s, (Neb.), 1910... J&J t87do Neb.RR,l8t,78,'96A&Oilll5do Om.& S.W.,lst,88,J&D,t 122is

m. GrandTr., l8t. 8a, '90...A&0 113Dixon Pco.&H., 1st, 83,1889.J&J|t nilsOtt. Osw. & Fox R., 83, 1900.J&J 1 125Qnincy& W.ars'w, l8t,8s, '90.J&J I II212

Chic & Can. So.—Ist, 78, 1902 A&CChic. & Eiist 111.— 1st mort. 68, 1907Income bonds, 1 907

Chic. & Gr. Trunk—1st mort.. 1900Chic.& Mich.L.Sh.—l8t.8s,'89.M&SChic. Mil. & St. Paul—P. du C. Div., 1st, 83, 1898. F&A

• P. D., 2d M., 7 3-lOs, 1898. .F&ASt. P. & Chic, 7s, g., 1902. . . .J&JMil. & St. P., 2d hi., 7s, 1884.A&OLa. C, 1st M., 78,1893 J&JI. & M., 1st M., 7s, 1897 J&.I'a. & Dak., Ist M., 78, 1899.J&JHast. &Dak., 1st M.,78, 1910.J&JChic & Mil., 1st M.,78, 1903.J&J1st mort., consol., 7s, 1905. .J&JIst M., I. & D. Ext., 7s, 1903J&JIst M.,6s, S'thwest Div.l909J&JIst M., 5s, La C. & D,av.l919J&J80. Minn. 1st 6s, 1910 J&JChic. & Pac. Div. 6s, 1910

do West. Div., 5s,1921.J&.rMineral Pt. Div., 58, 1910...J&JChic. & L. Sup. Div., 5s, 1921...Wis. & Minn. Div., 53, 192 1 . . .J&JDubuque Piv., 1st. 6s, 1920. F&JWis. Val. Div., lat, 6s, 1920.J&J

Ohic.&Northw.—S.f„lst,78,'85F&AConsol. mort., 7s, 1915 Q—

F

Exten. mort., 7s, 1885 F&AIstmort., 7s, 1885 F&A lom

J26

113

"5214101 ifi

SOnoii9"'

120iiik

100

891s1301-2

102

961081a

11912 i

llSie105%87I2

117

I1314112

1001110

132Hi120

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121I13I2100

11499999997110

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133

130

119%122'a

131121I412611414

102

iiV98

108

110111

1021a

102H7135I8I3

1241a1241a

Cin. Ham. &Dayt.- 2d, 7s, '85 J&J, 101Consol. mort., 7s, 1905 A&O n20

do 6s, 1905 A&OI109Cin. H. & I., 1st M., 78, 1903.J&.F 1 109

Cin. I. St. L. & Chic—Con. 6s, 1920 1 95Cin.& Indiana, 1st M.,7r,'92.J&D1 106

do 2d M.. 7s,'82-87.J&,) 1 103Indianapolis C. &L., 78of '97.. .d 107Ind'apoli8&Cin.,lst,7s,'88.A&OI 102

Cin. Lar.&Ch.—l8t,78,g.,1901.M&S 105Cin. Northern.-l8f, 63. gold, 19 iO, 1 40Cin. Rich. &Chlc.—1st, 7s, '95..I&j!tI08Cin. Rich. & F. W.—1st, 7s, g. . .J&D1HO9Cin. Sand'ky & CI.—6s, 1900.. F&A'l ....

78, 1887 ei:tonded M&.sit....Cousol. mort., 78, 1890 J&D t lOlij

Cin.&Sp.—7s,C.C.C.&t.,1901.A&Oi 1107s, guar., L.S.& M.S., 1901. .A&O 110

Cin. Washington & Bait,

1st M., guar, 4ias-Bs, 1931.M&V lOl'g2d mort., guar., 5s, 1931 I&J 693d mort., gold. 3s-ls, 1931. .F&A 34Ineom!5 53. 1931 16Scioto & Hock. V, 1st, 7s.. ..M&N f 100Bait. Short L., 1st, 7s, 1900. .J&J

Clev. Col. C. & I.—Ist, 78, '99. M&NConsol. mort., 7s. 1914 J&DCons. S. F., 7s. 1914 J&JGen. con. 69, 1934 .I&JBelief. & Ind. M., 7s, 1899...J&J

Clev.&Pitts.—4thaM.,68, 1892.J&J IIOI4Consol. 8. F., 7s, 1900 M&N 123ia

Clev.& M. Val.—1st, 78, g., '93 .F&

A

Oolnmbia&Greenv.—Ist, 6s, 1916 100 I101I32d mort., 6s, 1926 70ia "

Col. Hock. Val. & Tol—Consol. 5s 79Col.&Hock.V.—lstM.,78,'97.A&o 1113

do 2d M., 78, 1892.J&J IIO5I3Col. & Toledo—1st mort. bonds . . 1 1 13

do 2d mort tl07Col. Springf.&C—1st. 7s,1901.M&SCol. & Xenia—1st M., 78,1390.M&S UllConn. &Pas9ump.—M.,7s,'93.A&0 1119Massawippi, g., 6s, gold, '89 J&J t

Coun. Val.—Ist M., 7s,'1901...J&JConn. West.—1st M., 7s, 1900.J&J 24Connecting (Phila.)—1st, 6s ..M&S 117-Consol.UK.ot Vt., 1st, 59, 1913.J&JCumberland & Penn.—l9t mort2d mort *

Cumberl.V.al.—lstM..8s,1904..A&ODakota Southern—7s. gold,'94,F&A 1 95Dayton & Mich.—C0U90I. 5s. . . .J&J 1 1002d mort., 78, 1884, now Ist.M&S tlOO3d mort., 7s, 1888, now 2d.A&Ojtl07

Dayt. & West.-lstM.,6s, 1905.J&J 1 107

109

717914

113i»

II41499I3991*

93IIOI4

103 14 105 la

104%131

Consol., gold, 78, cp., 1902. .J&Ddo do reg

Sinking fund, 6s, 1929 A&Odo ,58,1929 .\&0do debent., 5s,1933.M&N'

Escan.&L Sup., 1st, 63. 1901,J&JDes M.& Minn's, lst.78,1907.F&AIowa Mid., 1st M., 83, 1900.A&OPeninsula, 1st, conv., 7s,'98.M&?Chic. & Mil., Ist M., 7s, '98. .J&JMil. & Mad., 1st, 6s, 1905. .M.&S,Madison Ext., 1st, 78. 1911.A&O tl27Menominee Ext.,lst.7,-»,191 1J&D f 127Northwe.st.Un., lst,7?, 1917.M&3 1 128

1121033a95

i'25'127122

13 4

lOlTg129

I03=ai95 Is:

i27

1251231s

100871s105751271201111231s

106114

107^85081)

Ml114

11278105%

1109380

1041a109

ChicB.I.&Pac—68, 1917,coup.J&,l6s, 1917, reg J&JChic.&S.W..lst,7s,gnar.,'99.M&N

Chic. St. L. & N.O.— 1st con. 1 897,782d mort 6s, 1907 J&DTen. lien, 7s, 1897 M&N5s, 1951, goldMiss. Cen., 1st M.,78,'74-84.M&;N

do 2d mort., 88N,O.Jack.& Gt. N,,lst.,88,'86.J&J

do 2dM.,83,'90,ctf8.A&Odo 2d mort. debt A&O

ChicSt.L.&Pitt.-l8t,r;8,1932 A&OChic. & Gt. East., 1st, 78, 93-'95C0I.& Ind. C, 1st M., 7s, 1904.J&.1

do 2d M.78,1904.M&Nnn.& Logansp.,lst,7s, 1905.A&OT. Logansp. & B., 7s, 1384. .F&ACin. & Chic A. L., 18S6-'90

ChlcSt.P.Min.&Oin.—Con. 63, 1930Ch.St.P.& Minn. l8t,6s,1918M*NNorth Wise, 1st 6s, 1930 J&JSt. Paul&S.City, 1st 68,1919.A&0

Chic. & Toinah.—Scrip, l!)05Chic.& VV.Ind.—S.fd. 68, 1919 M&NGeneral mort., 69, 1932 ... . 6—

M

Cin. & Eastern—Ist, 78, 18962d mort., 78, 1900Consnl.. gold, fi<. ion ..

127

1191181a

116I2II2'.

129129130 '

I27I2127

107%tlOO101105

1081s

93>s100tll5109tll51100'100113i«

116

104

lie's(114

10511312

117116

90

Ilat mort., 7s, 1905 J&J

Delaware-Mort.,6s,guiir.,'95.J&JDel.& Bound B'k—Ist, 78,1905F&ADel.Laek.& W.—Conv.7s,1892 J&DMort. 7s. 1907 M&S

Den.& Rio G.—lat, 7a, g.,1900.M&Nlat consol. mort., 7s, 1910 J&J

Denv.&R. G.W.-lat, 6a, 191 l.M&SDenv.S.P.&Pac—l8t,78,1905 .M&NDes M. & Ft. D.—Ist, 68, 1905.J&J1st Inc., 63, 1905

Detroit& Bay C.—lat,8,s,1902.M&Nlat M., 8s, end. M. C. 1902.M&N

Det.G.Haveu&Mil.—Equip.63,19lHCon.M., 5^till'84, after6*.-191SJ

Det. L. & North.—1st, 7s, 1907.J&JDet. Mack.& M.—l3t. 6s,1921.A&0Land grant, 7a, 1911Income, 1921

Dub. & Dak.—lat M., 6.s, 1919.J&JDub.& 8. City—lat.2d Div..'94.J&Jl>unk.A.V.&P.—lst,78,g..l900J&DEast Penn.—l9t M.,78, 1883.. M&SE.Teun.Va.& Ga.—l8t, 78,1900J&JIstmort., consol., 5s, 1930 ..J&JIncome, 6!i, 1931Divisional, 5s, 1930 J&JE. Tonn. & Ga., lat,6s,'83-86.J&JE.Tenn.& Va.,eud.,6s, 1886.M&N

Eastern, Mass.—68, g.,1906. .M&.3Sterling debs., 69, g., 1906..M&S

Eliz. City & Nor.—S.F. deb,,6s.A&0Istmort., 69, 1920 M&S

E;izab.Lev.& Big 8.-6.9. 1902.M&SEimira& W'luspt—Is^ 8s, 19 10.J&JI

5s, perpetual A&OErie & Pittsb.—2d, now ist. . . .J&

5

Cons, mort,, 7s, 1898 J&JEquipment. 78, 1900 A&O

Evansv. & Crawf.—Ist, 7s, '87.J&JEv.ans.& T.H.,lst con.,68,1921,J&JMr. Vernon— lat. Be A&O

Evanav.T.H.&Chi.-lat, 78, g.M&NFitchburg—53, 1899 A&O5s, 1900-01-02 A&O68, 1898 A&Oj78,1894 A&O

Flint & P. Marq.—M. 6s,l920..A&OHolly W. & M,, lat, 8s. 1901. J&J

Ft. Madi.sou&N. W., lst78,g.,19U5Pt. W. & Denv. City— lat, 6.9, 1921.Ual.Har.&S.A.—lst,63,g.,1910F&A2d mort.. 78, 1903 JtOMex. &Pac. 1st, 5s, 1931..M&N

do 2d, 6s, 1931. ..J&JOal.Hous.A Hen.—lst,53, goldA&OGeorgia—7s, 1883-90 J&.I63, 1910

Georgia Pacillo-l9t, 6s, 1922.J&J2d mort

Gr.Rap. & Ind.—Ist, l.g., g'd, 7a,

(115

126

1309II2601a44 13

1121a1191a

27118H

100101101108108

108119%;1161116f 1201a

12013393611a469210060

110107

1171975

95

1110tlOb75

99115100107111104102

1001109%tlllia11171124I

t

1201181181219lia

751a27%

llQia10782

101

105981a85

671a103111

l8tM.,7s, l.g.,gold,not guar.A&OEx land grant, Ist 79, '99

Gr.B'yW.&St.P.—l3t,63,1911.F.&A2d, incomes, 1911

Gulf Col. & S. Fe— 1st, 76.1909 J&.FT'lnnilml ,V Nmi -1 at ?•>. •«<).'\r,frN

63105105941a42

1 1171atH210382

i'l'sis

1101121131241*112

68

LUla931s

73110

95501181a

22115i«

' Frloe nominal ; no late transactions, t The purcliaser also pays accrued Interest. t In Loudon,

Page 23: May 3, 1884, Vol. 38, No. 984 - FRASER · ft THECHRONICLE. fvoL.xxxvin. WOVldQU%XCh^UQZ. Drexel,Morgan&Co., WAIiliSTREET, CORNEROFBROAD,NEWYORK. Drexel&Co., (Drexel.Harjes&Co NoMSouthThirdStreet

Mat 3, 1884.1 THE CHRONICLE. 535

QKNEUAL QUOTATIONS OP STOCKS AND BONDS—Co,,Por Bxplanatloni Mee Not«« at He»4 of Vlr*t Pmsa or Qnotatloaa.

Railroad Boxns. Ask.

100

II»ii..<:St.Jo.-Coiiv.H»,1889.M&8 ...... 104<',.ii. (!«. mil M&.S iis»Bn:nHKiiiwc. &(':iiii..ut.iOH.'iia..rAJ ii^T^ ivM

Hiiiis:i(nnlc-lHt M., 7ii. IHS.'S.l-'AA

lliisi.K.AW. Tcx.-l8t,79,'lW.M&.V•jii. i;h. i)»i;i i&.r

II. >v T."(.(Vii— lBtm.,7H,iriii>r.lS!)l| iiuW. -.t. Dlv.. Ut,7.'«. R., 18!ll..,7.t.Tl 103WaiMi .V: N. W.. iRt. 7«, g.,H)0:i.,I.VJ f 1 14runs, iiiort., >^!i, IDia A&OWho) A N..8S. 11H5Ocii. inort. li.H, ID'Jl A&O

Hniil. .V: Up. T(iii-l«t, 78, •90..AAOUil nil. rt., 7(1, If., ISO.'! K&ACms 'M M. ."Ss. ISIt.'i AAf)i

111. c.rt.-lKt M.<;iilo.,.t.Spr.'98J&JlMil.llr »lv. rotr. .'>»> li>!il •...

Hltrlm!,', 8. F.. .»», «., l!l():t.. AAOlilOU8t(iiinK.it(Mi.M..U8,K.,1805.AAO:fll2etorlliiK. .Is, l'JO.5 J&D }108

Ind. rsl.&W.— l8t. i)f.,79, 1900J*JIM i,mit.,.l-5-(i, 1909 A&OJil iiiort., .l-.Vti. 1909 A&O];.i~r. Dlv., lat mort. 6», 1921

incoiuo

RAILnoAIl BONOa.

lliv

'J

.

Ill

110

121i«

IIUlU114

110

105

1112112101115>484>4

tilllOcJij

1122lUO1041113

1029a'.230

9.CH

'.— l8t, 78. 190«.A*D- -, 1911 JiteJ

ai 111. lit., iiiiroiuc, 1900 JiWTruat Co. certN.u 1.^1 .....It. (to, fiiiKled

Ill- U— l8t,78, 1919.Var.Ill i II.—l8t,7a,in08.F&A

- .<.(?., Biiar..l9(K).M*NInt. i\: ui.Ni.itli.—l8t,08,1919.M.'feN"Coup. Gs, 1909 M&8•^.i.iH,.r i.irDinn, 8.S, 1909

loi 1.;—l8t 89.'89. ...T.W!» St.—l.st,7R,1909MA-8I'ai iL\C.—l8t,78,'99A,fcOJeUciw.u—Hiiwl'}- Br. 78, '87..J&J

l8t iiiort., 78, 1889 JA-JJeft. Mart.* Iml.— l8t, 7s,1000.A&O

2il iii..rt., 7b, 1910 J.fe,Illll5Ju.jcti..uil>liil.)— l8t,4>29,1907 J.fcJ|

2(1 iii.irt., fis, 1900 AAOlK.G.Ft.Siott,*: G.—l8t,7a,lil08.T&I) 1 114Kansas C. l.awr.&So. 1st, Us. 19(>!1,tl09is

K.CSt.Jo.i.ifcC.B.-M. 78,1907. J&.I 1 120K.('Spi-.*Moiii.—l8t,6a,l92J.M&NKau8a8 & Nebraska—IstiHort

2(1 mortKcntuckj- Ccutra!— (is. 1911. ..J&JKeokukJj l)C8 .>L—l8t..'>8.)roiir.A&0I- Erie & West.—l8t, 68,1919.F&AIncome, 7s, 1899BaudiiBky Dlv., 68, 1919 ....F&A

<lo income, 1920iMt. B1.& Mu3.,l8t. 68.1919.MAN

do Income, 79, 1S99.I«ke Sliore & Micb. 8o.—H.SO.& N.I., S.F.,lat,78,'85.M&:Ndeve. & Tol., l8t M.,78, '8.5..J&J, '^u

do 2d M., 79, 1880.A&O; ....

CI. P. .tA9li.,now79, 1892. .A&Oi 111Bufl.A E., now bd8, M.,79,'98.A&0 1 19Biiff. & State 1.., 78, 1880.. ..J&.IPet. .Mon. & Tol., Ist, 78, 1906...Kalamazoo Al. it Gr.K.,l8t,89.J&J-Kal..t Scho.ikTaft, lst,88,'87.J.feJKal.&Wh. l>i!;eon,l3t.78,'90..J&JDividend lioiids, 78. 1899...A&Olk8.& M. 8., C0U9., cp., l8t,78.J&Jdo cons.,rej;.,l»t,7s,1900.Q—

J

do c./n8.,cp.,2d,79, 1303..J&Ddo cou8.,re-,'.,2d, 7s, 190.3.J&D

XiRwrenite— Isl mort., 78,1895.P&A!LetURh Val.— lfit,08,coiip.,'98.J&I)i1st mort, 6», re(r., 1898 J&Dj 1222d mort., 78, 1910 M&8 133Gen. M.,s. f., 6s, g., 1923....jap; 124Delano Ld Co. bds, end.,7s,'92J&J

h. Miimi—Renewal 58,1912.. M&NLRocK&Ft.S.— l.st,l.Kr.,78'95.J&JLonjc Island—1st M.. 78, 1898.M&NletconsDl. T>a, 1931 Q—

J

2d molt.. 78. 1918 1

BonthSlde, 1st. 78. 1887 MAS tl02Wowto-n-n A Fl., Ist, 78, 1891L.r,City A Flusbiug—lbt,6s,191]do Incomes

Lou'v.C.A U^x.—lst,78,'97 J&.I<ex)2d mort., 78, 1907 AAO

L'ev.AXiisli.-Con8.l8t,78,'9S.AA0Cecilian Br., 78, 1907 MASLouisville loan, Oe, '86-'87..A&0Leb.-Kiioxv. 08, 1931 MASXx)iiis. Cin. A Lex., 68. 1931.MASMem.A 0.,8tl., M.,78, jt.,ig01JAll -IdOM.AClarksv.,8t'g,68,fr.,1901 FAAN. O. A Mobile. l»t 6a, 1930.JAJ

do 2J.6s, 1!)30 .. JA.IPensucola Dlv.,l8t,68,19U0..MASBt. Ii)uia Dlv.. lat, «a, 1921 . ..VIASi

do 2d., 3s,19H0..MAS^a8l>. A Dec, Ist 78, 1900.. .JAJE. H. A N, l8t 6a, 1919 JAIJGen'i luorl., 6a, 1930 JAJ

Bo.A.No. Ala., S. F., 68,1910AAOl8t mort., Hiukmit fund, 88

Trust bonds. Oa, 1922 (i—

M

L'8V.N..V.ACUie.—lat,t 8,1910. JAJMaine Cent.—.Mort. 7a, 1898. ..JAJExtcn. Imnds, Oa, g., 1900.. .AAOCoii.a. 7s, 1912 AAOAndrosoox'. A Ken. ,69, 1891.FAALeedh A Farm'itt'n, 68, 1901.JAJPorll. A K.,ColiS. M., 68, 'OO.AAO

Mau.r.iaeli Inin .liiii.,78, 1909,M&.fN.Y.AMai).Be:itli. l8t7a.'97,JAJ

Uani'ttellu.A O.—Miu-.AO.,88, '9'2

Ci>, 1908 .MASilOO69, 1923, new JADI 90

.MA,V1911..JAJ

108114110

112

120»2130

123

106S3ia

117>a

92

115107

115110120»s94

941a'

115>s;il7lOl103 "fl

100100

97

112011101120IIOOtllO111

tll7

VIOra.AL.Tr.l; 1^1 Mi..rl ,8«, 1907Meiiiplil^ .^ '

Ist.COl.:-

Mptrop'ii I!

' I •.1

2d 69. IHJl)Mexican Cent.— lat, 79,.Mexican Nntioiml— lit niori.Subsidy lioniU..

.Vllch. Cent.-Consol., 7R,1002M.%NCnnsol. »8, 1902 MANl8t M. on Air Lino, Hn, 1890.JA.IAir Line, lat .M., 88, ifiiar. ..MANGd. Rlv. v., lat 8», KUttr.,'80.JA.I6fl. 1900 MAS6a, oonp., 1931 MA858, roff., 1931 MASKaloniazor.A8.Il..lst,88,'90.M.VNJ.L..t8aff.ist,8a',-l.-i,"wli.lida"JAJJ.L.A8aM:.NortIiKxt.,88,'90..M.feN

do Cons. M.,88, '91. .M.*.8do Ca,1891 MAS

Joliet A N.Inil..l8t,79 (itnar.M.C.)Michigan A Ohio— 1st mortMidland of N. J.-lgt,«8,1910,AAO.Mil.L.S A W.—l9tM..68,1921.MAN

l9t, incomesMil. A No.—l8t, 68.1910.. .JAI)Minn. A St. L.— l9t M., 1927. .JADl8tM., Iowa CityAW., 1909.JAD2d mort., 7a. 1891 JAJSouthwest. Ext., l8t, 78. 1910....Pacillo Ext., Ist, 68, 1921....:...

Mi98.A Tonn.— lat M., 88,gcrie8 "A"88. Rerles " B" JAJ

Mo.K. AT.-Cons.a.ia.. 1904-6.FAAtJonaoiidated 6.8, 1920 JAI)Ci.uaolidated .'ia, 19iO JADl8t, 6», It., 1899. (U. P. 8. Br.)JAJ2d mort.. Income, 1911 AAOBoonov'e B'KP,7a,ifuar,1006.MANnan. A C. Mo., lat 79. )r..'90.MAN

Jlo.Pac-Ist niort.,68,gl.l,'88, FAAConsol. 6s, 1920 MAN2d mort., 78, 1801 JAJCar. B., Ist mort., 6a. e. '93..AAO t.

aamorlRasc, 78, 1906 MANIncome, 78, 1892 MAS

.Hob. A Ala. Gr. Tr.— 1 at, 78, g'ld,'95Mobile A O.—1st pref. del>entiu«82d pref. dehenlurcfl3d pref. debi'ntures4th pref. ilebenturesNew morts:ai;e, 6a, 19*27Collateral trust 6a. 1892 ....J&J

_ ,.Morg'n's La.Arex.,lst,e8,1920JAJ32'al MorrlsAEssox— l8t, 78, 1914MAS

2d mort, 7s, 1891 FAABonds, 78, 1900 JAJGeneral mort., 78, 1901 AAO

45 Consol. mort., 78, 1915 JAIJNashua A Low.—68, g., 1893.FAA

102% 5s, 1900Nashv.Ch.A St.L.—Ist, 78,1913 J&J2d mort., 6.9. 1901 JAJl8t, Tenn. A Pac, 6a, 1917...JAJl8t, McM. M. W.AA.,6a,19I7.JAJ

N..ishv.ADecat'r.— l8t,78,1900.,rAJNatchez Jack. A Coi.— Ist, 78, lOldNevada Cen.— Ist 68, 1901. ...AAONewark A N. Y.—Ist, 78, 1887.JAJNew'kS'9Ct&.8.—1st. 78, g.,'89.MANNewlnirf? D. & Conn.— IncomeN'bnr.«hAN.Y.—Ist M. 79,1888.JAJNew Jersey A N. Y.—Ist mortN. J. Southern—lat M.,new 68. J.^!N. O. Pac—l.'»t. 68. gold, 1920.JA.N.Y. A Can.-£ M.. 6a, g., 1904.MAi'..V. Y. Central A Hudson

-

Dsbtoert., ext., ns MANMort., 78, coup., 1903 JA.Mort., 7s, reg., 1903 JA.Sterling mort., Os, g., 1903. ..JA.N. Y. C.,6s, 1887 JAIHud. R.. 2d M., 7s., 1883....JAI

iN.Y.CIiic.ASt.L.—l»t,C8,192l.JAI;! 2d 6s, 1923 MA-S'.Y.CityA No.-Gcn'l,68,1910MA^Trust Co. receipts

N. Y. Elevated.- 1st M., 1906.JA..N. Y^. A Greeiiw'd L.—Ist M. inc. 6>

( 2d niortgii s;e incomeN.Y.AHarlem—7s,coup.,1900..MAN

) 78,rcg.,190O MA>N.Y. Lack.&W.— lst.63, 1921.JAJ

1 2nd, .5a, guar.. 1923 FAAN.Y. L.E.AW.—lat.7s.'97.ext.MAN2d mort. exten., 53, 1919 ...MA.'^3d mort. ex. I'ss, 1923 MAS4th mort., ext., 5s, 1920.. ..AAu5th mort , 78, 1888 JAD

98 l8t oons. M.. 78, g..l920 MAS82>a| New 2d cons. «s, 1969 JAD94 IstcOD). fundcoup.,78,1920MAS

104»s| 2dcor.i.t'd cp.,.5s, 1909 JADKeorganizafu Ist lion. Us, 1908Gold income bonds, 6a, 1977Lonji Dock mort., 78, 1893..JAD

jN.Y.A N.Eug.— Ist .M., 78, 1905JAJl8tiaort.,68, 190.5 JAJ2d mort, 68, 1902 FAA

N. Y. N. 11. A H.lst r.48,I903.JAU'N.Y.Pa.A O.—lat, inc.,nco.78, 190.">

1 do prior lion,inc.ac.,5-6s,'g52d mort. Ino3d mort. inoL'sed L.rontal tr'9t'73,Trn9.cer.78West. ext. certifs, 88, 1870..J.feJ

do do 7a, guar. ErieN.Y.Prov.AB'n—Gon.78, I899.J.tJN.Y.Susq. A W.-l8t. 6s, 1911.JAJ

,Delieuturcs 68 1897 FAA

100>s N.Y.Tex.A Mex.— l8t,68, 1912AA01|v. Y. West 8. A Buf.-,5s. 1931.J.W

Bid.

loo"

lOSHi931a5124 •«

123i«103>«

I1I2:<Illll\I103>ii

tll3104

lii5'41102121

91)

IOII4800812512099

112»8

A*k.

luT

RAri.ROAD Unwnn.

108 !«

5723 >a

127

11312

104 >«

103

iisij101 V>

ii5i«

1C5

100,

113lOCMlOO"*!125 1271081s 1091s107 1(17%751s 76GJis 67

63 701021s107105

110

128II2I4

112

123it

123

107

103

116108

104

122

II516

6935

108

103

116

70

3531

100

114%

121(126111lOiih119

106102

102

75tU2

lom132%132%ttJO106%

1071s

120207

1281s128120

110103 «108no12183>4

1'24

:89

1101107l;»4%50

103,•4014

lOJ:844•^5t.)815313681

53I4

12'i58nils107

Noirit.^w. -c.ii'i M ,'iH.irini m.vn

d.. 2d ..I

S.mthSide.Va., :

VirglnliiATenn.. i

Va. A Tenn., 4lh M.,m.lin»o.JJt.iNorth Carolina— M.. 6»Nortli I'enn.— Ist M., fl«, 1885. JA.I2d mort., 79, 1890 MAN(iMi. mort., 7s, 1903 I&JSi-w b.Mii. (la, reg., 190.5 MA«

Nm • '.— l8t M.,88,'09,M.V8.. 1899 MA-

S'. .' il—l8t,08, 1007. .JAJNorih'ii Cent.—2d mort.,0a, 85.JAJ3d mort., 69, 1900 A&OCon. mort., Os, g.,coup., 1000JAJ«8, g., reg.,1900 AAOMort. bds., 59, 1920, serieaA JAJ

do aeries BCon. mort, stg. 68, g., 19f) I . . . J.*;J

Northern. N.J.—l9t M., Os, 'SH J&JNorw'hAWorc'r-lat M., 68.'97.J A.INorth. Pac, P. D'O Dlv.—6a, MASMo. Dlv. 6«, 1919 MANGen'l I. g., l9t, 6.9. 1021 JAJOen'l I. g.. Ist, 68, reg JA.I

Oitd'n9b'gAL.Ch.—latM.6a,'98,J.tla. F., 89,1890 MAbC(m9ol. ,6a. 1920Income, 1920

Ohio Cent.- l8t,raort.,6a,1920, JAJIncomes, 1920lat Ter'i Trust. Os, 1920 JScJMineral Div., Inc. 78, 1921River Dlv., Ist

do iucoraeOhloAMi.sa.—Cons. 8. P. 7s, '98.J&JCons, mort., 78, '98 fA.12d mort., 78, 1911 AAOIst inoit..Springf.Div., 1905 M&Ni

Ohio Southern—lat 6s, 1921...JAD]2d iucoine, 6», 1921

Bid. Aak.

1041s101 Is 102i«12

104103104I0i%'103<«124108IO2I4122127

121121lu7it1031s1191s119...

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112

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251s4

1191s119

8820

OhioA W.Va.-lst,8.f.,78,1910M&N 11 1 1

2

Old Cohmy—68, 1897 l..F.tA|tl21i4 121 1*6s, 189oi JADlni!iis;i20

120

no10-.2

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264ia

120

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1124:848569122;n4

lib'o"301221221s119

106

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122

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1201s;30

100

104

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105%101197911*K7%

111(1201211181s

12911510597

951460 I

46%,109 I

5256262

53%

78. 1891Ore.!?. A Cal.—1st Os, 1921Oregon Short Line— 1st mortOrcg(m ATranscont.—69, I'l'iZ

Osw.AKome— 1st M., 78. 1915.MANPanama—Sterl'g.M.. 7s. g. '97.AAOSinkine fund sub., 68, 1910. MANSubsidy Imiida. Eng. issue, 6a

ParlsAUec'fr— l8t.M.,78,it.,'92.JAJPenna.—Gen. M., 68,cp., 1910Q—

J

Gen'l mort., 69, reg., 1910. .AAOCons, mort., 69, reg., 1905..Q—M,

do 69. coup.. 1905..JADi 119Collateral trust, 4iss, 1913. .JA1>Peun. Co., 69, reg., 1907.. ..O.—

J

do l8t »I.,4is8, 1921.JAJPenn.A N.Y.Caii.- Ist. 7s, '96. JAI)lat mort., 79, 1906 JAD

Pensacola A Atlantic -Ist m..MASPeoria Dcc.A Ev.—l8t,68,1920,J&JIncomes, 1920Evansville Div., Ist 68,1920.MA8

do income. 1920Peo.&PeklnUn.—l8t,68,1921.Q-FPerWomen—l8t M., 68, 1887. .A&OCons. mort.. 6.9, 1913, sterling ...

Petersburg -Class AClass B

Phila. A Erie-2d M-, 7s, 1888.J&.IGen. M.. guar., 6a, g., 1920. .J&.ISnnburvAErie, 1st M..78.'97.AAO

Phila. A Keadins.'—2d, 7s, '93.A&ODobdiitiiie, 1893 JAJConsol.M.,78.191],reg.Aop.JAUConsol. mort., fis. 1911 J&DImprovement mort., 69, 1897—G«iri mort., 63, 1908 JAJConvertible, 78,1893 JA.!Cms. 53, IststTles MANC0U8. 58, 2d ecries FA.\Scrip for deferred 'a couiwusDeferred inoomoIncome mort., cons. 78, '96, JADCoaUk I.. gimr.,78,'92,cx ep.M&S

PhUa. Wil. 4 Bait.—6s, 1892. .A&Olis, 1900 AAO58, 1910

Pittab.Bradf.& B.—Ist.dslOl 1AAOPlttsb.C.A St.L.—l8t.7s, 1900.KAA2d mort., 7a, 1913 AAO

Plttsb.ACon'Usv.—lstM.78,'98.JAJ 124SterlluKCona. M.,6s,g.,giiar.JAJ J121

Pittsb.FtnV. A C.-l8t,78,1912 Var, 139%2d mort. ,78, 1912 JAJi 135%3d mort.. 7.9, 1912 AAO 131E(iuipm.MU. 89, 1884 MAS ! 100

PIttsb. A West.- latmort |

88ia

Portl'ndAOgb'g—l8t69,g..l900JAJ ,100

Vt. div., l9t M.,69,g., 1891. MANPort lloval A Au.ir.—l8t,69, •99.JAJIIncolno mort.. 6s, 1899 JA.li

Ren.A.S'totfa— lat7»,1921 oou.MAN)lat. 79. 1921, rog MAN

Richm'd A Alleghany— lat, 7», 19202d mort., (is, 1916

Rlch'd A Danv.—Con.,6.9,'90..M4NGeneral mort., Os, 1915 JAJDebeiiiure, (is, 1927 AAOPiediniHit Br., 88, 1888 A.Vd

Rich. Fred. & Pot(nuao—68,ext.JAJMort, 78.1881-90 JAJ

Rich. A Peterab., Sa, '8O-'80. . . AAONew mort., 78, 1915 M.tN

Richmond York Riv. A Chea., Sa

1241.48686'a

116

10840

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70

99

110

* Price nominal; no late traoaaotions. t The pnrchasor aUu pays aooraed Interest. i In I/ondon.

Page 24: May 3, 1884, Vol. 38, No. 984 - FRASER · ft THECHRONICLE. fvoL.xxxvin. WOVldQU%XCh^UQZ. Drexel,Morgan&Co., WAIiliSTREET, CORNEROFBROAD,NEWYORK. Drexel&Co., (Drexel.Harjes&Co NoMSouthThirdStreet

5SB THE CHRONICLE. [Vol, XXXTin.

GENERAL QUOTATIONS OF STOCKS AND BONDS—Continubd.For Explanations See Notes at Head of First Paxe of Quotations.

RAiuaoAD Bonds.

Roch.& Pitts., l8t, 68.1921...F&AConsol. Ist, 6s, 1 922 J&D

do Income. 1921RomeWat'nAO.—S.P.,78,1891.J&1)2dmort.,78, 1892 J&JCkHiBOl., 1st ex. 5b, 1922....A&OIncome 78, 1932

Kutlanu— 1st M., 68, 1902. ...M&SEqmpmont, 2d inoi-t., 58 F&A

8t. Joseph & Pacific—l8t raortZdmort

Bt.I>.AIt.&T.H.—1st M., 78, '94,.J&J

2d mort., pref.. 78, 1894 .... F&A2d income, 78, 1894 M&KDlT. bonds, 1894BeUeT.(feS.Ill.,lst,S.F.8s,'96.A&0

Bt. Louis & I. Mt.—lst,78. '92,F&A2d mort., 7s, g., 1S97 MANIst 7b, Inc., pf. int. accumulative2d 6s, inc., int. accumulativeArk. Br. 1. gr., M., 78, g., '95.J&DCairo Ark. & T.,lst,78.g.,'97.J&DCairo A. Ful., lst,l.g.,78,g.,'91.J&.l

Gen. con. r'y & 1. g.. 5S.1931A&0•t.L.&8anF.—2d M.,cla88A,'06M&NSd M., class B, 1906 MANdo clasBC, 1906 M&N

Soutli Paclflc— Ist M, 1888 .J&JPierre C. & O. l9t, 6s F<teA

Equipment 7s. 1895 J&DGeneral morr., es, 1931 J&J

8tL.Vand.&T.H.-l8tM.,78,'97.J&J2d mort., 78, 1898 M&N2d. 7s,guar., '98 M&N

Bt. P. & Dulutli—Ist, 5s,1931.F&A8t.P.Minn.& Man.—Ist 78,1909 J&J2d 68, 1909 A&ODak. Ext.. 6s. 1910 M&M1st consol. 63, 1933 J&JMinn's U'n, lat, 6s, 1922 J&J

Sandusky Mansf.& N.—1st, 78,1902Savannali Florida & West.

At. & Gulf, cons. 7s, 1897. . . .J&JiBt aiortssige, 78 J&.18.Ga.& BUa., 1st M. 7s, 1899, M&N

Boloto Val.—Ist M., 78, slnk'g fund2d mortConsol. 78, 1910 J&J

Bhenandoau Val. -lst.7s.l909.J&JGeneral mort., 6s, 1921 A&O

Sioux C. & Pac, 1st M., 6s, '98.J&JSo. Carolina^l8tM.,68,1920..A&02d mort., 68, 1931 J&JIncome 68, 1931

Bo. Cen. (N.Y.)—1st mort., 588o.Pac,Cal.—lst,6s,g.,1905-12. J&.1Bo. Pac, Ariz.—Ist,68,1909-10.J&J8outliwe8tem(Ga.)—Conv.,78,1880Bummit Br.-1st, 7s, 1903 J&JBunb.Haz.&W-B.-i8t,5s,1928M&N2d mort., 68. 1938 M&N

BnBp.B.&ErleJimc—Ist M.,78Byr.Bing.&N.Y.—con80I.78,'06A&0Tex. Cent. -l8t,8k.fd.,78,1909M&NIst mort., 7s, 1911 M&N

ITexas & New Orleans— l8t.78.F&ASabine Div., Ist, 63, 1912. ..M&S

Texas & Pac—1st, 6s, e.l905 M&SConsol. mort., 68, gold, 1905. J&DInc. and laud gr., reg., 1915. Julj-

l8t (RioGr. Div.), 6s. 1930. .F&ATexas& St. Louis— Ist.Os.l 9 1 J&DLand grant, incomes, 1920Mo. & Ark. Div., 1st, 6s.... 1911

Tol. Cin. & St. Louis—1st mort. . .

.

IncomeTol.Del'8&B.—l8tmain,68, 1910

do 1st Dayton dlv.,68, 1910do l8t Ter'l trust, 68. . 1910

Income, Os, 1910, main lineDayton Div. inc., 68, 1910

Tonawanda Val.& C—Ist, «s, 1931United Co'8 N.J.—Con8.,68,'94.A&OBterUng mort., 6s, 1894 M&S

do 68,1901 M&SCam. & Amb.,mort.. 6s. '89.M&N

Onion Pac. -l8t.68,g..l896-'99,J&JLand Grant, 7s, 1887-9 A&OSink. F., 88, 1893 M&SDm. Bridge, sterl.Ss.g., '96.A&0Reg. 8s, 1893 M&SOollaterai trust, 68, 1908 ....J&J

do 58, 1907....J&DColorado Cent.,lst, 83, g.,'90.J&DDenver Pac, 1st M.,78,g.,'99.M&NKans. Pac, 1st, 68, 1895.. ..F&A

do IstM., 68, 1896 J&Ddo lsl,R.&L.G.D'd,'99.M&Ndo Inc.,No.ll,7s,1916.M.<cSdo Inc.,No.l6,7s,1916.M&Sdo Deuv. Div., 68 M&Ndo 1st cons. M.,6s,1919 SI&N

Atcli.Col.&Pao.,l8t.6e,1905Q.—

F

Atcll.J.Co.&W.,lst,6s,1905.Q,—

F

Utab Cen.—Ist M., 68, g.,1890.J&JDtab So.—Gen. M. 78, I90D. . . .J&JExtension, Ist, 7s, 1909 J&J

Otloa & Bl'k R.—Mort., 78, '91.J&JValley, of Ohio—iBt moi-tVenn'nt& Mass.—Oonv. 7s, '86.J&JVloksb. & Mer.—New 1st mort2d mort3d moi t., income

Virginia Midland— 1st series, 6s...2d series, 633d series, 0-68.4th series, 3-4-585th seiiee, 5sIncomes, cumulative

Wabash— 1st. ext., 7s. '90, ex. F&AMort., 7s, 1879-1909 A&O2d mort., 7s, ext. 1S93, ex..M&NEquipment, 7b, 1883 M&N

Bid.

10889

105110670%35t97M168

118112101»a40119114

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1099060

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10910810770M

101!0l101105 14

102

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106132

1201119856V97701046593

RAILROAD Stocks.

Wabash-(Cou t'd)- Gen. Os,1920J&DChic. Div.. 58, 1910Havana Div., 6s, 1910 J&JTol. P. & West., Ist 7s, 1917. ..Q

do Istprcf. inc., conv.do 2rtprof.lnc

Iowa Div., 68, 1921 M&SIndlanap. Div., 68, 1921 ....J&DDetroit Div.. 68, 1921 J&Jeulncy Mo.& P..lst,63, guar.1909airoDiv.. 58,1031 J&J

Cons. mort.. 7s, 1907.con.,exQ—

F

1st. St. L. div., 78, 1889. ex.F&AGt. West., 111. ,1st, 7s, '88,ex.F&A

do 2d, 7s, '93,ex.M&NQ'ncy & Tol., Ist, 7s,'90, ex.M&Nm.& 8.1a..l8t, 68.1912,, ex.F&ASt.L.K.C. & N. (r.e8t.& K.),78.M&S

do Om.Div.,l«t7s.l9l9.A&0do Clar. Br.,6s, 1919.. F&Ado No. Mo.. Ist. 1895. ..J&Jdo St. Cha'8 Bridge 68, 1908

Wab. Fund. 1907— Var. 78. F&Ado VariousOs F&A

Warren (N.J.)—2d M., 7s, 1900. .

.

W. Jersey & At. 1st M.,68l910M&8West Jersey- lat, 6s, 1896.... J&JiBtmort., 7s, 1899 A&OConsol. mort., 68. 1909 A&O

West'n Ala.—iBt M., 8s, '88. ..A&O2dniort., 8s, guar., '90 A&O

West. Md.—End., Ist, 68, 90...J&JIst mort., 6€, 1890 J&JEnd., 2d mort., 6s, 1895 J&J2d mort., pref., 6s, 1895 J&J2d, end. Wash. Co., 6s, 1890 J&J3d, end., 6s, 1900 J&J

West'nPenn.—l8t M., 68, '93..A&OPitts. Br., 1st M.. 6s, '96 J&J

Wheeling & L.Erie—1st, 6s, g., 1910Wilm. Columbia & Augusta, 68Wil.& Wolrtou—S. F., 7s, g., '96.J&JWinona&St.Pet.—lstM.,78,'87.J&J2d mort., 78, 1907 M&N

Wisconsin Cent.—Ist aei-., os, 19092(1 series, 28, 1909, if earned

Wis. Valley— 1st, 78, 1909 J&JW orc'r & Naslma—58, '93-95 . . Var.

Na.sli. & Roch.. guar...5a.'94.A&0RAIIiROAD STOCKS. Par.

Ala. Gt. South.—Lim., A., 63,pref..Lim., B, com

Ala. N. O. &Pac., &c., prefdo do def . .

.

ilbany & Susqueh., Guar., 7... 100Allegany Central 100Allegheny Valley 50Atchiaon Col. & PacificAtchison Topclia & Santa Fe..lOOAtlanta & Charlotte Air Lino ...

Augusta & Savannah, leased . . . 100Baltimore & Ohio 100

do l8tpref.,6 100B.alt. & Ohio, 2d, prefWashington Branch 100Parkersbiirg Branch 100

Bell's Gap 50Boston & Albany 100Host. Con. & Montreal., now... 100

do Pref., 6. ..100Boston Hartford & Erie new

do do oldBoston Hoosac Tun. & WesternBoston & I>owell 500Boston & Maine 100Boston & New York Air L

do do prefBoston & Providence 100Btiiitou Revere Beach & Lynn. . 100Brooklyn Elevated, assessm't paid.Brooklyn & Moutauk 100

do Pref 100Buff.N. Y. &Erie, leased 100BuffaloN. Y. & Philadelphia

do do prefBuffalo & Southwest 100

do Pref 100Burlington C. Rap ids& North.. 100Cairo & St. LouisCairo & Viucennes, prefCaliforuia PaciticCamden & Atlantic 50

do Pref 50Canada Southern 100Canadian Pacific 100Catawissa 50

do Ist pref 50do 2(1 pref ,50

Cedar Falls & Minnesota 100Cedar Rapids & Mo 100

do Pref., 7 100Central of Georgia 100Central Iowa 100

do Ist oref 100do 2dp"ref 100

Central of Massachusetts 100do pref. 100

Central of New Jersey 100Central Ohio 50

do Pref 50Central Pacific 100Charlotte Col. & Aug 100Chesapeake & Ohio, common . . 100

do lstpref...lOOdo 2d pref.... 100

Cheshire, pref 100Chicago & Alton 100

do Pref., 7 100Chicago & AtlanticChicago Burlington & Quincy..l00Chicago & Canada SouthernChicago & East IllinoisChli^-vicn & Grand Trunk

Bid.

46V

75

84

7092102V91

102V108 V

118V80V

118106113

108108109109109112110127V106107

115120107V

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1?133

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1901351341989V

180V

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23

60

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487675107V

80V

90757496103V

110

119'

110115115115112V135

116V125107''8

125854111599V99V

lOV4V62

133

6

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181

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15

21681536050582112231060138

Railroad Stocks.

121%

7020

Chicago Iowa & Nebraska 100Chicago Milwaukee & St. Paul. 100

do Pref., 7.100Chicago & North Western .100

do Pref., 7.. 100Chicago Kock Island & Pac 100Chic. St. Louis & Pitts 100

do pref 100Chic. St. P. Minn. &Om.,com..l00

do pref.. 100CMcagoA West Michi,?an 100Cln. Hamilton & Dayton 100Cin. Indlanap. St. Louis & Chic.lOOCincinnati & MilforrtCincinnati N. O. &Tcx. Pac 100Cin. Sandusky & Cleveland 50

do Pref., 6.50Cin. Washington & Bait 100

do pref.. 100Clev. Col. Cin. & Indianapolis.. 100Clev. & Pittsburgh, guar., 7 50Col. Cliic. & Indiana Central... 100Columbus & Xeuia, guar., 8 50Col. Hock. Val. & Tol 100Columbia & Greenville 100

do Pref.... 100Concord 50Concord & PortBmouth,guar.,7 100Connecticut & Passumpsio 100Connecticut River 100Connotton Valley 50Danbury & Norwalk 50Dayton & Michigan, guar., 3V..50

do Pref., guar., 8.50Delaware & Bound Bro()k 100Delaware Lack. & Western 50Denver & New OrleansDenver & Rio Grande 100^Denver & Rio Grande WesternDes Moines & Fort Dodge

do do PrefDet. Lansing & Northern, com .100

do do Pref. 100Dubuque & Sioux City 100East "Tennessee Virginia & Ga.lOO

do do Pref.Eastern (Mass.) 100Eastern in N. H 100Eel River 100Elmira & Williamsport, 5 50

do Pref., 7. .50Erie & Pittsburg, guar., 7 50Evansville & Terre Haute 50Fltchburg 100Flint & Pere Marquette

,

do do Pref.,Fort Wayne & Jackson ,

do do Pref. .

.

Port Worth & Denver C 100Galv. Harrisb. & San AntonioGeorgia PacificGeorgia Railroad & Bank'g Co.lOOGrand Rapids & IndianaGrand River Valley, guar., 5.. 100Green Bay Winona & St. Paul. .100

do Pref. ...100Hannibal & St. Joseph 100

do Pref., 7. 100Harrisbnrg P. Mt, J.& L., guar., 7.50Houston & Texas Central 100Htmtingdon & Broad Top 50

do do Pref...50Illinois Centra! 100

do leased line, 4 p. c. 100Indiana Blooraington & West'n 100Indian. Decatur & Sp., com

do do Pref... 100Iowa Falls & Sioux City 100Jeft'v. Mad. & Ind'p's, lea8e(1..100Joliet & Chicago, guar., 7 100Kansas City Ft. Scott & Gulf. . . 100

do do pref.. 100Kans. City Springf.& MemphisKentucky Central 100Keokuk & Des Moines 100

do Prof.... 100Lake Erie & Western 100Lake Shore & Mich. So 100Lehigh Valley 50Little Rock & Fort Smith 100Little Miami, leased, 8 guar.. .. BOLittle SchuylkUl, leased, 7 50Long Island 50Louisiana & Mo. Riv. , Com 100

do Pref., guar..Louisville &Nashville 100Louisville New Albany & Chic.lOOMacon & AugustaMaine Central 100Manchester & Lawrence 100Manhattan Beach Co 100Mauhatt»n Railway 100

do 1st pref...do common .

.

Marq. Houghton & Out 100do pref 100

Memphis & Charleston 25Metropolitan Elevated 100Mexican Central 100Mexican Natioual

do prefMichigan Central 100Michigan & Ohio

do PrefMidland of New JerseyMil. Lake Shore & West 100

do do Pref 100Milwaukee & Northern 100Mine Hill & S. Haven, leased 50Minneapolis A St. Louis 100

do do Pref.... 100Missouri Kansas & Texas 100Missouri Pacific 100

Bid.

16983%

113II314141VII8I4

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* l^cea nuiulual ; no late trau^nctions. t Purohaser also pays acoroad laterest. ; In London. 5 Qaotation per sbare.

Page 25: May 3, 1884, Vol. 38, No. 984 - FRASER · ft THECHRONICLE. fvoL.xxxvin. WOVldQU%XCh^UQZ. Drexel,Morgan&Co., WAIiliSTREET, CORNEROFBROAD,NEWYORK. Drexel&Co., (Drexel.Harjes&Co NoMSouthThirdStreet

Mat 8. 18?4.J THE CHRONICLE 637

GKMKRAL QUOTATIONS OH* STOCKS AMD BONIW—Oowtiwomd.Vor »pl«nmtlon» Sm Note* at Head of PIrM Pace of <|aotalloas.

RAii.noAD Stocks. Bid. A«k.

n134%^o

Xl43

113<>«

7^15««

1115

195

90 Hi18>44613><

194

60

16141310«4103966>960 >4

11221%48%16013>9

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Kit. MTIM^KS.• "ONTISIIKD.

Molilln A OIlin KK.IOOMor. A K'x.Kiinr., 7.50Nivth. Chiit. .fc 8t. L.25Niwliiiii A I,«wall..lOONnwb.lxitcli'iiDAConn.

do Pref.New Jemey A N. Y

<1o Pref.

K. T «mithern.N r.l.S.lOOhi - IVx.lOON.\.( ,ni.,v ll.Ulv.lOON.Y.Cli.&St.l,.i'omlOO

(1(1 Pre:.. 100N.Y. Klevatcd... 100N. Y. * Harlem ....50

do Pref.. 50H.Y.Lack.*W..e.5.100N.Y.L.KrieJc Wcst.lOO

rlo Pref.lOON.Y. AN.Eiigliinil.lOON.Y.N H.AIIartMCON.Y. Out. A West.. 100

do Pref.N. T. Penn. A Ohio ...

do Pref.N.Y. Prov. A Bo8t.l00N.Y. 8uaq. A Weatem.

do Pref.N.Y. WegtShoreAB.Norf.A West,, com . 100

do pref.lOONo. PenniixlTaDia..50Northern Central ... 50North'n N. Hanip.lOONortb'n Pac., com. 100

do Pref. 100Norw.A Worcester. 100Ogd. A L. CliHnip.l(>0Ohio Central 100OliloAMiss 100

do Pref. 100Oblo Soutbem 100Old Colony 100Oregon A Calif... .100

do Pref... 100Oregon Stiort LineOregon Trans-ContOswego A 8}T., guar..Panaiha 100Pennsylvania RR. .50Pensacola A AtlanticPeoria Dec. A Ev..lOOPblla. A Erie 50Phila. A Reading... 50

do Pref. ...50Phlla. A Trcn., 10, 100PMla. Wlhn.A Bait. 50Pitts. Cin. A St. L..50Pitts. A Con., l'8cd.50

do PrefPltt8.Ft.W.A C.,guar.7

do Special.?. 100Pittsburg A Western.

.

Port.Snco APorts.lsd GPort Royal A AugustaPorts. Gt. F.A Con . lOoProv. A Worc'ster.lOORens. ASaratog»..100Rich. A Alieg.. stock..Richmond ADanv.lOORich. F. A P., com. 100

do Guar. 7.100do do 6

Etchmond A P'b'g.lOORich. A West PointRichmond York R.AC.Rochester A Pitta. 100Rome W. A Ogd... 100Rutland lOO

do Pref., 7.. 100Bt. Joseph A Western

.

8t.Loui8AIt.AT.H.100do Pref. 100

Bellov.AS.Ill.,pr.lOOBt. L. Jack. A Chic. lOOi

do Pref.lOOlSt. Tx>ui8 ASan Fr.lOO

do Pref 100do Istpref.lOO

BtL. Van. A I'.HSt. Paul A Duluth.lOO

do Pref. 100St. P.Mlun. A Man . 100Boloto Valley...Seab'd A RoanokelOO

do Guar.. 100South Carolina 100Bo. A No. AlabamaB'we8t.,Ga.,gd,7.100Syr. Blng. A N.Y. 100Summit Branch, Pa..̂ 0Terre H. A Ind'nap.50Texas A N. O 100Texas A Paoitlc . . . 100Texas A St. L. In Texas

do In Mo.A Ark.Tol.Cln. A St. Louis ..

V. N.J. RK AC. Co.lOO;5193i4Onion Pacitlc 100 6iUntah Central 100Vt.A MaH,s..r8cd.0.100irglnia Midland, com.

do Ist pref.do 2il pref

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.

do pref...Wab. St. L. A Pac. 100

do Pref. 100Warr'n(N.J.),l'8'd,7.50Westch. A Plilla.,pf.50

19126

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West Jersey 50WeatJerseyA AtlanticWestern Sfarjland..Wll. Columbia A AugWll.AWeld.,l«<l., 7.100WlBooiialn Central

do Prof.Woro'terANashua. l(K)

CANAL HONDS.Cbesap. A Delaware—lstnioH.,6s,'86JAJ

01ie«.AO.-0», •70.q.-JDel. Dtv.—6b, '98.JAJDel. A H.-7S, "Ol JAJ1st ext., 1891. .MAN78,1884 JAJCoun. 7b. 1894.AAOReir:7a, 1894..A401st Pa.D.op.,7s,MA8

LeU.N.—4is8,l914Q-JRR. 68, reg., 97,Q-FConv 08,g.rg.'94MA868,g.,CP.Arg..'97JADCon8.M.,19H TrtJAD

Morris— Boat loan, '85

NewmortPenn.—68, eoup., 1910Schuylkill Nav.—1st M., 68, 1S97.Q-M2d M., 68, 1007..JAJMort. 08,cp.,'!)5JAJ68,lmp.,ep.,'H0MAN68,btAcar.l913M&S78,btAcar,191.')MA.V

Susq.—68,cp.,l«18JA,17s, coup.. 1902..JAJ

Onion-Istfis.'SSM&XCANAL STOCKiicCal. A Chi.Can.ADock

do pref.Del. A Hudson. ..,100Del. Div. leased, 8. .50r.«high Navigation. .50Niorris, guar., 4 100

do pf.,giiar.l0..100Pennsylvania 50Schuylkill Nav 50

do do pref. 50Susquehanna .50iTiisc' 1.1.,.% M<:oOS

BO.NUS.Bait. Gas Light 68Canton(Balt.')— £ 6s.g.,Mort. 6»,e.,1904 JAJUn. RK.,l8t, end.,68.do 2d,ond. 63,g.MAN

Col.CoalA Iron— lst,6sCov. ACinn. Br., 68...Gold A Stock TelIron Steamboat. Ist..

.

Mariposa—7s, '86.Mutual Union Tel. 6s.Sorthw.Tel.—7a, 1904Or. Imp. Company—

1st, 6s 1910, J.AD.Oreg.R.A N.lst.Os.JAJPostal Tel.Co..68,1912PiiUm'n Palace Car—3d series, 88,'87FAA4th do 88,'92FAADeb'nt'rc,78,'88AAOStlg, 78,K..188.'; AAO

3t. L. Bridge A TunIst. 78,g.. 1929.AA0

8p. Vul. W.W.— Ist, 6sSterling Iron A Ry.—Series B.,mc., 1894.Plain income Gs, '96.

Western Union Tel.—78, r.,tc., lOOO.MANniSC'LLA.NKOCS

STOCKS.Amer. Bell Teleph . 1 00Amer. Bank Note OoAsptnwall I>and 10Boston Land... 10Boston Water PowerBrookllne (Ma8S.)L'd5Canton Co. (Bait.). 100Cin.H.A D.,pool ct.,gu.Cov. & Cin. Bridge, pf.Edison Electric Ilium.Edison Electric Light.Erie TelephoneFuller Electric Light

.

do Pref.Iron Steamboat Co: . .

.

Kecley Motor :...

Maverick Land..;. 10S.E.Mtg.9ecur.(B0st.,N. E. Telephoney. Hampshire Laud 25N.Y.ATox.L<l.,Lim.50L.ind scrlD

No. Riv., cons. 100 p.c.Oregon Improvement.Oregon Ry.&N.Co.lOOPacific Mail S8. Co. 100People's TelephonePullm'n Palace CarlOOSt. Louis Bdge.latpref

2(1 prof, certitlcates.St. Louis Tunnel RR..St. I.KIUIS Transfer Co.Stand. Water Meter...Sutro Tunnel ..10U.S. Electric Light...Union .Sl'k Yd.s ATr.CoEXPHESS ST'CKSAdams 100American 100United States 100Wella. Farirn A Co.lOO

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Am, Loan A Trust. 100Brooklyn mist 2.^

Central 100Fanners' Ix>Bn A Tr.25Long Island 100.Mercantile 100iMetronolltanN. Y. Gnar. A Ind..l00N.Y. Life A Trust. 100Onion 100United -ttates 100

N. V. CITVHOBSE KKS

Bleeckerat A Fult.F'yIst mort., 7a. 1900..

Broadway A 7th Av...iBt mort., 7a, 1984..

Broadway (Bklyn.)Brooklyn Cityist mort., 5a, 1902..

Brooklyn Crosstown..Ist mort., 7s, 1888..

BushwickAv. (Bklyn.)Central Crosstownlatmort., 6a, 1922..

Central Pk.N A E.Riv.Consol. M., 7a, 1902.

Christopher A 1 0th St.

Bonds, 7a, 1898DryDk.E.B.A BatteryIst M., consol. 7s, '93

Scrip 6a, 1914Eighth AvenueScrip 6a, 1914

42d A Grand St. F'y..Ist mort., 7s, 1B93..

Hon8t.W.9t.A Pav. F'yIst mort., 7s, 1894..

Second Avenue3d mort., 7s, 1885...Consol. 78. 1888

Sixth AvenueIst mort., 78, 1890..

Third Avenue1st mort., 78, 1890..

Twenty-Third StIst mort.. 7a, 1893..CAS STOCKS.

Bait. Consol. GiisBost(m Gaslight... 500East Boston 25South Boston 100Brookline, Mass.. . 100Cambridge, Mass. .100Chelsea, Mass 100Dorchester, Mass. . 100Jamaica Pl'n.MasslOOLawrence, Mass. ..100Lowell 100Lynn, Mass., G. L..100Maid. A Melrose... 100Mewton A Wat'n ..100Salem. Mass 100Brooklyn, L. 1 25(;jiti7.ena', Brooklyn. 20Metropolitan, B'klyn.^<a8sau, Brooklyn ..25People's, Brooklyn . 10WiUiamali'g, B'klyn 50Charlest'n,S.C.,Gas.25Chicago Q.A Coke. 100Cineinnatl G. A Coke .

Hartford, Ct., G. L..25Jersey C.& Hobok'n 20People's, Jersey CLouisville G. LCentral of N.Y 50Harlem, N. Y 50Manhattan, N.Y... 50Metropolitan, N.Y.IOOMunicipal 100Mutual of N. Y....100New York, N.Y.... 100N. Orleans G. L. ..100N. Liberties, Phila.. 25Washington, Phila..20Portland, Me., G. L..50St. Louis G. L .50

Laclede, St. Louis. 100Carondelet.at.Jyouls 50San Francisco G. LWash'ton City G. L.20Georgetown O. L...25II1ANDPACT>1NG

STOCKS.Am. Linen (Kail Blv.)Amory (N. H.) 100Amoskeag (N.H.) 1000'2000Androscog'n (.Mo.). 100 132%Appletoii ( Ma.HS.) . 1000 1 123Atlantic (.Mass.). ..100 113Barnahy (l''all Riv.)...Barnard Mfg. (F. R.).. 100Bates (Mo.) lOO' '.52

Boott Cot. (Masa.l tooo'xl ".^n

Bid. A(k,

97061%

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i.iince (fall Klv.) .100lOhloopeelMaiiB.) ..100Cocheco (N.H. )....,500'ColllnaCo. (Conn.). .10Iroiitlni-ntal (Me.). 100ifYest .Mills (F. R.) 100Crvatnl Siir. Bl.fF.R.).

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C.ent.Ari7,ona Min.lOOColorailo Coal A 1. 100Consol.Coal of Md. 100Homestake Min'p.lOOl>ehlgh A WilkeaMahoning Coal A RR.Marip'8aL.AM.CaU00

do pref. 100Maryland Coal 100New Central CoalOntario Sil. Min'g.lOOPennsylvania Coal. 50(Juicksilver Mln'g.100

do prefSpring Mt.Coal 50<J01,D Ac SILVERiniNING STOCKS^(N. Y. A S.VN. FRAN.)AliceAlpha Consol GAS.IOOAlta Montana 100American Flag 10Amle 10Barcelona....Baaslok 100BeebtelBelle ble 100Bodle 100Bulldomlngo 50Bullion 100Bulwer 100Caledonia B. H lOuCalifornia 100Cherokee 10Chrysolite 50Chollar 100Climax 10'(Tonsol. Imperial ..100lOonsol. Paolflo.... 100'Oinsol. Virginia... 100ICrown Point 100,Dunderberg 10DunkinEureka Consol 100Father De Smet .. 100Flndlcy 1

Gold Placer 25l(*old Stripe

Bid.

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Page 26: May 3, 1884, Vol. 38, No. 984 - FRASER · ft THECHRONICLE. fvoL.xxxvin. WOVldQU%XCh^UQZ. Drexel,Morgan&Co., WAIiliSTREET, CORNEROFBROAD,NEWYORK. Drexel&Co., (Drexel.Harjes&Co NoMSouthThirdStreet

538 THE CHRONICLE. [Vol.. XXXVIII-

GEN^ERAL QUOTATIONS OF STOCKS AND BONDS—Coxci-UDEn.

For Esplanatioiis See ?fotos at Heal or Flr.tt Pa'^e of Cliiotation«.

Mining Stocks.

Ooodslmw ..100Gould cfeCnrry S..100Great Eastern 1

Green Mmuitaiu 10Halo & Norcross. .100HibcriiiaHortense 10Hukill 5Indeiieiideuce 100IronSllTer 20JL*cro88e 10le<idville Consol— 10little Chief 50tlttltPiUaMexican G. & Silv.lOOMoose Silver

. Mono 100Kavalo 100Nortlie.n BelleOpliir 10Potosi 100EappaUanock 1

Red lilepliant 10RiRiiiA; SunRobinson Coiisol . . 50Sierra (GrandeSicrraNcvada .....lOOSilver ciitr noSouth Hito, new ...25Bpriuj; Valley 1Standard 100Tip Top ...100Tuscaiora 100UuadillaUnion Con.sol 100BOSTON MINING

SXOCKS.JAilouez 25Atlantic 25Brunsw'k AntimonyCalumet & IIecia...25Catalpa Silver 10Central 25Copper Falls 30Franklin 2.5

Harahaw Silver 20Huron 25Minnesota 2.i

National 25Osceola 25Pewabic 25Qninty 25Eidge 25Silver Islet 25Sullivan(Mc.)Silvor 10UAIMK STOCKS.

BAI.Tt.MOKK.Bank of Hattimore 100Bank of Commerce. 15Citizens' 10Com. & FB]ir.ers'..100Farmers' B'k of Md.30Farmers' & Merch..40Fanners'itPlauters'25First Nat. of Bait.. 10ftFranklin 60German AmericanHowa rd ]

Marine 30Mechanics' 10Merchants' 100National E.ioh'ge. 100People's 25Second National ..100Third National. ...100Union '75

Western 20BO.STON.

Atlantic 100Atlas 100Blackstone 100Boston Nat 100BoyLston 100Broadway 100Banker HIU 100Central 100City 100Columbian 100Commerce 100Commonwealth ...100Com ineutal 100Eagle 100Eliot 100Everett IOCE.^cchange 100Faneuil Hall 100First National 100First Ward 100Fourth National . . 100Freemans' 100Globe 100Hamilton 100Hide & Leather .. .100Hov/ard 100Lincoln looManufacturers'.. .100Market 100Market (Brighton) . 100Massachusetts 250Maverick 100Mechanics' (So. B.)100Merchanilise 100Merchants' ...100Metropolitan 100Monument 100Mt. Vernon 100New Ilngland 100North 100North America 100Olil Boston 50People's 100Redemption .;.... 100^epu'jUo 100

Bid.

1-85

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201 2011

13934 140j

139 I39i«!29i«I29I4

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1 25 127129 r29i«

Revere J.OC 1191-2

Rockland 100 140Second Nat 100 161%

2-10i Security 100 180Shawmut 100 1163hoe& Leather.... 100 10014State 100 1'24

•06i|3uftolk 100 II914ThirdNat :100 92Trader.s' 100

•15j Tremont 100•fO' Union 100•471 Washington 100•50 Web.ster 100

BROOKLTN.Atlantic (State)*.Broolclyn ;

2-50 First NationalFiUtonCity NationalCommercialLong IslandManufacturers'. ..

Mechanics'NassauBrooklyn Trust...CHARLESTON

B'kof Chas.(NBA)100First Nat. Chas.. .100People's Nation.al. 100

CHICAGO.Chicago Nat 100Commercial Nat- -.100First National 100Hide and LeatherHomo National .. .100.Merchants' Nat.- -100Nat. B'kof Illinois.lOONorthwestern Nat . 1 00Union National 100Un.StockV'dsNat.lOO

CINCINNATI.Citizens' National 130Commercial BankExchange Nat. Bank.l-"irst National 245Fourth Nat hmal 170German National 121.Merchants' National.. 137Metropolitan Nat.

.

Nat. Jjit.&Bk.of Com. 195Second National 140Third National i:<5Union Nat 120Western German Bank 135

HARTFORD,^tna Nat 100 125American Nat 50Charter Oak Nat. .100 145City Nat 100 76Connecticut River 50 46Far. & Mech. Nat. IOC 117Fir.st Nat 10( 114HartfordNat lOi 180Mercantile Nat... .101 116National IixchanK0.5( 75Phrenix Nat lOi 172State lot! 109

LOUISVILLE.Bank of Kentucky IOC 152Bank of LouisvillelOt' 78Citizens' National. 10( 120City Nat 100 117Falls City TobaccolOO 102Farmers' of Ky ...100 107Farmers' & Drov . . 1 Oo 107First Nat 100 166German Ins. Co. 's. UK) 110German 100 115German National. 100 138Kentucky Nat 100 151r-ouisv. Banking Co.40 2'.

Masonic 100 131.Merchants' Nat. ..100 140Northern of Ky ...100! IllSecond Nat 100' 110Security 100; l.'iS

Third National 100, 119IWestern 100 111We8t.Fiiian.Corp..l00, 113NEW ORLEANS. I

CaaaKfe Banking.. 100 144Citizens' 100 lllisGermama Nat 100 143ivtlibernia Nat 100 136Louisiana Nat.. -. 100 125Metropolitan IIII4MutualNat 100 ....New Orleans Nat. .100 235People's 50 6212State Nat 100 155Union Nat 100 116

NEW YORK.America 100 ;

American Exeh'gelOO 133Broadway 25 295Biitchers'it Drovcrs25 100Central National.. 100 12()Chase National 100 ;iS5Chatham ^25 ; 1 50Chemical 100 ;2O20City 100 270Citizens' 25 123Commerce 100 155Cimtinental 100Coru Exchange . . . 100 170Kast River 25Eleventh Ward 25FirstNational lOPFoiu-thNational.- -100 1 3-.J

r'"'ilton 30 12SFlth Avenue 101 100G.llntlii N:itioiia.l R< 170

Bid. Ask.

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Bank Stocks.

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Garfleld lonjGeiTuan American. .73iGennania 100Greenwich 25Grocers' 30Hanover 100Importers' &Tt... 100Irving 50iLeatlier Maniift8..100, Manhattan 50[Marino 100.Market 100Mechanics' 25Mechanics' & Tr..Mercantile 100Merchants' 50Merchants' Exch'geSOMetropolitan 100Nassau 50Now York 100N. Y. Nat. Exeh'gelOON(»w York County . 10(1Ninth National- -..100North America 70North River 50Oriental 25Paciilo 50Park 100People's 25Plienix '20

Kep-jblic 100Second National.. 100Seventh Wa4d IOCShoo & Leather 100St.NJelioIas 100Stateof N. Y 100Tradesmen's 40Ilniim .50

United States Nat. 100Wall Street 50PHILADELPHIA }B'koiN. America .100Ceiitennial Nat 100Central National. .100I'ity National 50Coiiii:;ercial Nat.'. ..50(^'oiiinHunvcalth Nat 50Con.'^olidatiim Nat.. 30Corn Exchange Nat.50Eighth Nat 100First Nat 100Farmers'iiMech.N.lOO(iirard National 40Ken.sington Nat 50.Manutaetiirors'Nat.25Mechanics' Nat 100Merchants' NatNat,. B'k Commerce. 50Nat.B'kGeniiant'n.50.Vat.B'kN.LlberticsSONat.B'kJ!epublie..lO0.>fatioiial Security. 100Peiiu National 50People's KJOPhiladelphia Nat.. 100.Second Nat 100Seventh Nat 1 00Sixth Nat 100Southwark Nat 50Spring Garden 10022d Ward 50ThirdNat 100Union Nat 50Western Nat 50WestPhiladelphia.loOPORTLAND, ME.

Cumberland Nat.. .40Canal Nat 100CaseoNat v. .100FirstNat 100Merchants' Nat '75

National Traders'. 100RICHMOND, VA.

City Bank 20First Nat 100Merchants' Nat. .10Nat. Bk of VirginialOOPlanters' Nat 100State Bank of Va.lOO

ST. LOUIS.B'k of Conmu',rc.e..lOOCommercial 10()Continental 100Fourth National -.100

1International 100Mechanics' 100.Merchants' Nat ...10(St. Ijouis National. 100Third National 100Valley National. ..100S-VN FR^VNCISCO.

Bank of CaliforniaClay StreetFirstNat. Gold lOONat.Gold Bankife Tr. CuPacirtcFIUK INSllR'Cl!:

Isto<:ks.

. BALTI.MOUE.JAssociate Firemen's.

5

I Baltimore Fire Ins. 10Firemen's lusiir'co .18Howard Fire 5Maryland Fire 10Merchants' MiitiKtl.50

Bid.

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CINCINNATI.Amazon (new stock) 20AuroraCincinnati 2LCitizens' 20Coinmorcial 25Eagle 100Enterin'iae 20Eureka 20Fidi'lity 100Firemen's 20Germania 20Globe 20Merchants'it Manuf 20Miami Valley 50National 100SecurityStandardWashington 20Western 25HAKTFORD, CONN.*tna Fire 100Connecticut 100Hartford 100NatioinU 100Orient lOOPhoinix 100Steam Boiler 40

LONDON. .

ICommoreial Union. f 5Guardian 50Imperial Fire 25Lauciishire F. & L. .25London Ass.Corp.12iaLiv. &I.,ond.&Globe.2Nortli'n Fire & Life ..5North Brit. & Mcr. 8%Queen Fire & Life.. .]Ro.val Insurance 3NEW ORLEANS.

Crescent MutualFactors' and Traders'.Firemen'sGermaniaHiberniaHomeHopeLafayott eMcicliants' Mutual ...

Mechanics' & Traders'NowOrleans Ins. Ass'riNew Orleans Ins. Co .

Peojdo'sSun MutualTeutonia

NEW YORK.American 50American Exch.--lO0Bowery 2Broadway 2Bi'ooklya 1'

Citizens' 20City 70Clhiton 100Commercial 50Couliuental 100Eagle 40Empire City 100Exchange 30Farragnt 50Firemen's 17Firemen's Trust 10Frank.tt J'hnp'iuniGerman-American 100Germania 50Globe -50(Greenwich.. .

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Page 27: May 3, 1884, Vol. 38, No. 984 - FRASER · ft THECHRONICLE. fvoL.xxxvin. WOVldQU%XCh^UQZ. Drexel,Morgan&Co., WAIiliSTREET, CORNEROFBROAD,NEWYORK. Drexel&Co., (Drexel.Harjes&Co NoMSouthThirdStreet

MA.Y S, 1684.1 THE CHRONICLR 539

^u 11 est in cutsAND

ItAILROAD ISiTEI. LIGENCE.Tb« I.N VE3T0B8' SoppiiEMBNT (lOTitalng a complete exMbit ofthe

Fri wild Debt o/filiitex anil Cities and ofthe Stocks and Bondsof linli-oads and other Companies. It is published on thelust :s,:turday of (very othir month—viz., Ftbntaru, April.Jiiitf, Aiii/iitit, October and Denembtr.niidis furnished i/tith-

out i.itra iharye to all reynlnr sulscribers of the C'ukosiclb.Extra copies are sold to .subscribers of the Chorhicle at 50iieiUs each, and to others than svbscriber.i at |l per copy.

ANNUAL REPORTS.Cliicna^o St. Louis & I'ittsltiirgr Ruilroail Compnii}'.

(For the i/cir ending Dec. iil, 18S3.)

The tirst annual report of tliU railnmd company, formerly theI'd. t'liio. & Irul. Control, has just l)oen issuwl, and after recit-

ing tlio facts relating to the foreclosure and reorganization,says

:

" Your company having completed its orpranization March20, 1883, took possession of your property April 3, 1883, andthe portion of the road in Illinois having been operated in con-nection with the residue of the property tlie figures hereinaftersubmitted cover the working of the entire line.

•' U nder the i>rnvisions of the agreement entered into betweenthe creditors and stockholders of the C. C. & I. C. RailwayCompany, the consideration to be paid by the C. St. L. & Pitts.Railroad Co. for the proin-rty in question was :

"First. The a.ssumptii>n of the mortgage debts of tlic origin.alcompanies consolidated into the C. C. & I. C. Railway (lo.,

amounting to $5.!J;J4,8;M, of wliich there have been paid to Dec.31, 1883, ^3M,600: outstanding Dec. 31, 1883, $5,010.2.34.

•' Second. The delivery to the purcliasing committee of thefollowing securities of your comitany. to Ix' by them deliveredto the holders of the securities of the C. C. & I. C. RailwayCompany, in accordance with the plan of reorganization, viz.":

|;23,000,()00 five per cent consolidated first mortgage bonds,;J30,000.000 preferred stock and $10,000,000 common stock :

but with the agreement that such of the securities a.s shouldnot be needed for the above purpose should be returned to yourcompany.

" There have been issued to Dec. 31, 1883, of these securities:

Common stock • $6, 570,142Amoitiu to be used in exohans*^ for stuck of the C. C. & I.

C. Kuilway Co., "wht'ii preseutod a.lTS.O.'jTBalance in the troa-iiiry or thu company 2.50/JOOPreferred stock, issued to Dec. 31., 1883 $17,101,?00To lie issued 4 31.100Balance in treasury 2,.t67.400Five porcont. consol. first mortgage Issued to Deo. 31, 1883 $12,50.1,000Tt» 1>3 irisno.1 in redemption of certiflt'-ate.i 1 16.000KeaopvC'l for payjuont of sectional bonds .'>..")Ort,0

Balance in treasury of the company 3,881,000

The amount of interest on bonded debt appearing in thestatem'^nt b3low does not show the proper proportion for thenine months of the year, as but one interest paj-ment maturedduring that perioil on the 5 per cent bonds of the company,and on some of the sectional bonds. Assuming that all the .'5

fier cent bonds of the comimny had been issued which it wasiable to issue under the terms of the purcha.se of the property,the total interest for one year on the funded debt, includingthe outstanding sectional bonds, would have been f1,003,.'>81.

Three-fourtlLs of this sum, being the amount appertaining tothe business from April 2 to Dec. 31, 1883, would have been$7.53,685; deducting this amount from net income for the ninemonth.s would leave a surplus of $111,6.)3.

" Of the sectional bonds, subject to which your companypurchased the road, the outstanding prefcrrod'first mortgagebonds of the Columbus & Indianapolis Railway Comi)any,amounting to $1.57,000, the common fii-st mortgage bonds ofthe same company, amounting to $1.53,000, and the secondmortgage bonds of the same company, amounting to $3,500,all bearing 7 per cent interest, matured Dec. 1, 1883. Up toDec. 31, 1883, there had been paid of the first issue $146,000, ofthe second $141,000, and of the last $3,000, leaving still out-standing at that date, of the former issue $11,000. of the second$13,000, and of the last $500. There also matured, on Feb. 1,

1884, the fu-st mortgage 7 ])er cent 1 ondsof the Toledo Logans-port & Burlington Railway Coiiipimy, amounting to $510,500,for the paj'tnent of which provision has been made. Nofurther is;ue of these sectional bonds matures until Nov. 1,

188«.

The increase of earnings from freight was the result of tet-ter rates obtained during the year on this class of business, thetonnage and ton mileage having both decreased. The decreasein the tonnage was mainly owing to reduced crops of cerealsduring the past jear, and to the fact that a large amount ofbusiness which formerly p.i.ssed over the line to and from theNew York Lake Erie & Western Railway was transferred totlie Chicago & Atlantic Railway upon the opening of that lineto Chicago. "The ratio of expenses to earnings was 81 90-100per cent, as .against 8{> 27-100 per cent in 1882; but this wiispartly due to the policy adopted of charging to constructionaccount the cost of improvements and a<l(litions made sinceyour company assumed control of the property and whicli,under the administration of the receivers of the C. C. & I. C.Railway, had been charged to exp >nses."

The condition of the car equip uent has also been bett jred,

and additions made thereto. T.ie condition of the tr.ick,

ewpeclnlly on the Wnstem Divlfiion, I.

proved. The briilges and biiildinx' >• i • . .

renewed and impniveil, and the co-it charge I t.>

There were laid additional Hide Irack.n to the cxtcni .. ,1,

17 miloM, the c(Ht of which was charged to coiiHtructjrin.It was conHid(>red es4i'nlial to the economical ban Iting of

the tratllc of the road that extensive iMitterincnts and adilitiontshouM \m promptly made upon the line ; and the sum of$(175.00(1 was cxpeiiiled U|M)n a connection with thel'ittsbiirg Ft.Wayne & Chicago Railway at Chl<-;igo, and in the extension ofsidings and other improvenientH. A further ex|M'n<liture forsimilar puriioses will have to U- made during the current \>-.\r,

in order to bring the property and its appurtenances toa higherstate of ellhiency. Under a contract authorized by the Ixwrd,and executed April 20. 1883, the company acquired the right toUSD the track of the Ind. Peru & Chic. Railway, Ix.twet'mIndianapolis and Kokomo, at a rental of (( per cent on one-halfof its appraised value, together with a proportionate share ofthe cost of maintaining the sani<', \y.\Mtt\ npim wheelage. " Bythe sjime contract, the Wabash Ht. Liuis & Pacific Railway-Company was granted the use of that portion of your roadlying l)etween Logansport and the .State line of Indiana andIllinois, upon the same tertris. This contract gives your com-pany, practically, an unbroken line between Chitiago Indian-apolis & Loui.sville, and enables it to better control and man-age its share of the traffic to and from those cities."The several projirietary companies now owning what, is

known as the Union Railway and Depot in Indianapolis enteredinto a new agreement, under the date of Sept. 20, 1883. for theconstruction of a new Union Passenprer Depot, and such addi-tional tracks and appurtenances as nu'ght be necessary, and alsofor the actiuisition of the Indi.anapolis Belt Railw.ay. •' Underthis agreement, the whole property thus acquired, includingthe Union Railway and Depot, is to be appraised, ami interestat the r.ate of 7 per cent ))er annum paid thereon in equ^shares by the companies that may use the same, the cost ofoperating and maintaining the proprty, including taxes, to bepaid by such companies on the basis of their use thereof. Theuse of these improved facilities by all the railway lines con-verging jit Indianapolis will effect a satisfactory and prompthandling of the large traffic concentrated at that point.

Operations, earnings, income for the year, and the generalbalance Dec. 31, 1883, were as follows :

1882. 1883.Miles of road operated 580 633

OPEBATIOSg AND FISCAL BE^tJLTS.

Operations— 1881.P.ai!Ben!{er.i carried 1.1:8.516Passcng. r mileaxe 4t5.183,<583JtHte per passciiKer per mile 2-41 cts.Freialit (tons) movrd 3.001. <>l!»

Kr iRlit (tons) milciRe 547,><«1.38.">Average rate per ton per mile... O'OO cts.

h'amings— $Pa-isenger 1,128.909Frcifrht ' 3,63i).'>6«Mail, express, ifeo 3.57,333

Tola! cross enroinKS 5,122,943Operating expenses—

Maintenance of wny. &c 872.82SMain tenancy of «'(iuipnient 39<.6 tSTian>ipoitation expt-nrjes l.fj :,'>.2d.>

Motive power 1.2 13,030General and taxes 234,586

Total 4,419.3.i7

Set earning! 703.3 ^6Per cent of oper. expenses to oarnioKS . .

.

S6'27

INCOME ACCOUNT rOS 1S83.

1883.1.228,701

48.Uti.4.52212 cts.

2,782.0.33526.622.269

0/2 cU.

$1.1 (•.;!, i073,781,107

34i),4<)«

5,293,920

Tl-MaZ3 .2 304

1.."150.522l,4">i».'i85

248.331

4.335.964957,956

01-90

Receipts.Not earningi $337,156Interest 26,720Other receipts 297

Distjunementa.Rentals paid $15,919Interests on debt hh.<.363NotC.C.&I.C. fdr3mo8. 120.633

Total disbursements.Total income $984,973Balance, surplus

OENBRAL BAL.VSCE DECEHnER SI. 168.3.

. $799,914

. .f183,050

Riliro.id, bniW-,'8, &o.$40,50j,255, i&U.Mmeria's. fuel,

Cash on handLoaned Pen n. RRnneb}' othi'r (' i.'s

Other aeionnts.Mlsoellaneeous items

4;'.->,-132

570,7.19385,ii328' 1.70731.802

Liabilities.-toov, enramonStock, iircftr.edFtindi'd debtMiscellaneousCiirren i accounts(.'ounonsProUl and loss

$6,570,14317.10 l.OOO17..M3.2:U

li:6.l«340!>.tl98:i90. ! «418.'>,058

Total $42,436.2601 Total liabilities $l2,.42ii.2&0

Chicago St. PanI Minneapolis & Omaha.(For the year ending Dec. 31, 1883.)

The comparative statistics of this report were compiled andpresented in the Ciiuon'icle of last week on page .')07. Fromthe report of the President, Mr. Marvin Hughitt, the followingdetails are obtained :

The average number of . miles of road operate<l during thewhole year, including le.ased lines, was 1,187. The miles in

operation Dec. 31, 1883, were 1,275, an increase over Deo. 31,

1883, of 100 miles; proprietary roads, 5;tot.aI miles. 1.280.

The capital stock of the company was increased during theyear on account of 40 43-100 miles Sui)erior Branch and 10

miles Bayfield Extension, !J7.')6.400 common stoi-k and l{f504.300

preferred: being at the rate of (^1,5,000 per mile of commonstock and $10,000 j>er mile of preferred; total, |1,200,700;less common stock for scrip, |240; net incraa-se, !>l,2()0.400;

making the amount of stock at the cl( Ee of the year 1833.

*I9,329,393 common stock and scrip, and l|tll,2j4.23? '<,rorred

stock and scrip, or a total of |30,5<J3.630.

Page 28: May 3, 1884, Vol. 38, No. 984 - FRASER · ft THECHRONICLE. fvoL.xxxvin. WOVldQU%XCh^UQZ. Drexel,Morgan&Co., WAIiliSTREET, CORNEROFBROAD,NEWYORK. Drexel&Co., (Drexel.Harjes&Co NoMSouthThirdStreet

6iO THE CHRONICLE. [Vol. XXXVUL

The bonded debt was increased during the year by the issueof C. St. P. M. & O. R'y consolidated mortgage bonds andscrip at the rate of $15,000 per mile on the hues above named,and on 54 67-100 miles of the Chippewa Falls & Northern Rail-way, making a total of $1,576,500; add for scrip issues accountfractional mileage of new lines built in previous years, etc.,

$633; total increase, $1,577,133; total bonded debt Dec. 31,1883, $31,161,620.Equipment has been increased during the year by the pur-

chase of 16 locomotives, 3 dining cars, 9 first-class passengercars, 4 baggage, express and combination cars, 3 caboose carsand 300 coal cars.

The lines in Wisconsin under construction at date of lastannual report are finished and in operation, in addition towhich has been built a line from Eau Claire to Cliippewa Fallsunder the franchises of the Eau Claire & Chippewa Falls Rail-way, 10 58-100 miles in length, uniting the Eastern and North-em Divisions, and completing a direct line between Eau Claireand Lake Superior termini. Tliis road, as well as the remainderof the Chippewa Falls & Northern Railway with which it

connects, was purchased by the C. St. P. M. & O. Ry. Co.,when completed, in accordance with the laws of Wisconsin.

" A promising but hitherto undeveloped section of North-eastern Nebraska has been oi)ened up by the construc-tion of the Hartington Branch, under the charter of the SiouxCity & Nebraska Railroad, beginning at Wakefield station onthe Norfolk line of the Nebraska division, and extending north-westerly a distance of 33 76-100 miles through Dixon and Cedarcounties to Hartington. The line is direct, following the val-leys of the Logan and Bow, with nominal grades. It is laidwith cedar ties, new 56-pound steel rails, equipped with tlu-eestation houses, side tracks, stock yards, five section houses,three water tanks, and one two-stall engine house. This linewas opened for business November 1st, and was purchased,when completed, by this comi)any."The land commissioner's report has the following : "The

lands disposed of during the year from the several grants ofthe company were as follows, viz. : From the West WisconsinRailway Grant, 40,548 acres; consideration, $127,000; an aver-age of $3 13 per acre. From the North Wisconsin RailwayGrant, 155,608 acres; consideration, $1,204,388; an average of$7 74 per acre. From the Superior Railway Grant, 22,849acres; consideration, $105,197; an average of $4 60 per acre.The sales of town lots in the West Wisconsin Railway Grantamounted to $860, and Nebraska town lots to $1,198. The totalconsideration for lands and lots disposed of during the yearamounts to $1,438,644."

r & j

The moneys received from various sources during the yearwere as follows :

Cash sales and advance payments $279,508Land contracts and bills receivable .

'

305,709Interest on land contracts, bills receivable, etc '.

.. 83,363Btumpage, tcesi)as3, bay, taxes, etc 6,67

1

Total cash receipts $675,257Tee following statement shows amounts of outstanding land

contracts and bills receivable at end of year

:

North Wisconsin Railway Grant $1 720 085West Wisconsin Railway Grant 407'831Superior Railway Grant 78*576

The acreage account for 1883 is as follows :

$2,206,493

-Dec.3l.lii83.-No. 0/ acres No. of acres No. of acres No. acres Un-

« _^, „., ..icquired. CoHveued. Under Contract, disposed of.

Kortli Wisconsin.. 46,073 134,593 113,330 184,716West Wisconsin 29,021 158,999 301.848Buperlor 56,516 20,286 2,533 153,133

102,590 183,901 274,893 639,998

GENERAL INVESTMENT NEWS.Central Paciflc—The report of tliis railroad company for

the year 1883 will not be issued for several weeks yet. Thestatement below is from the report to the California RailroadCommissioners, made by the General Manager of the CentralPacific:

CENTKAL rACIFlC BAU.R0AD AND LEASED LINES.

_, , , .1831. 1882. Ifi83.

Totaleamings $24,094,101 $25,662,757 $24,744,421Income from aU other sources. 1,29.S,156 1,012,745 938 8 BO

Total income $25,389,257 $26,675,502 $25,683,281Operating expenses 14,579,428 17,101,767 16,672,770

$9,573,735 $9,010,511$3,443,413 $3,546,5912,538,680 2,337.625

Net $10,809,829Interest paid on debt $1,508,291PaidU. 8. and sinking fund.... 2,407,781

$3,916,072 $3,982,093 $5,884,216

Balance for dividends $1,893,757 $3,591,642 $3,126,295Newcon8truct'n,lmp'vm'tB,eto. $350,627 $1,549,109 $2,169,808The figures above show a net decrease in the net profits for

1883 from the year 1881 of $1,767,463. or in the past two yearsa net reduction of 36 per cent. The balance available for divi-dends on the business of 1883 amounts to SJ^ per cent on thecapital stock. The rates for freights and fares charged by thecompany have been steadily decreased, as experience hasshown they must continue to do in the future to meet therequirements of competition and to encourage the develop-ment of traffic. The average rate charged on the whole sys-tem, from the Rio Grande to the Great Salt Lake per passen-rsr per mile was for 1881 3-06 cents, for 1883 2-93 cents, for 188373 cents. Had the average charged for the whole system in

1881 been maintained in 1883, the passenger receipts for thelatter year would have been $960,661 more than they actuallywere. The freight statistics not being fully compiled as yetfor the year, no comparison is made.

Connotton VaUey.—The plan for reorganization (the mainjiomts of which have already been published in the Chron-icle) has been finally agreed upon, with the following modi-fications : 1. Dividends on preferred stock are made cumula-tive. 3. Seven of the pref . stock directors and one of thecommon stock directors are to be citizens of Ohio. 3. Thetrustees are to fill any vacancy in their own number.

Indiana Bloomin^ton & Western.—Mr. Austin Corbin,President, says the road has been placed in a good workingcondition, without the increase of a dollar to its floating orfunded debt. There have been expended in imjirovenents fromnet earnings $900,000, and the road is in a Jcondition to workwith considerable activity. An understanding has been cometo with President Rutter, of Cleveland & IndianapoUs, whichwill enable the Indiana Bloomington & Western to ojjerate its850 miles of road in harmony with the Vanderbilt lines.

Lehigh Coal & Navigation—Nescinehoiiing Valley.—Theoption of extending the stock of the Nes(iuehoning Valley Rail-road Company, operated by the Lehigh Coal&Nav. Co. expiredMay 1. The lease gave the Lehigh Navigation Company theright to pay the par value of the stock on Sept. 1, and stock-holders were given the option to extend their stock upon aguarantee of 5 per cent. About 18,000 shares have been soextended.

Louisiana State.—A dispatch from New Orleans, April 36says it is regarded as certain the first amendment to the StateConstitution, fixing the rate of interest on the debt, has beencarried.

Lowell & Framingliam—Old Colony.—At South Framing-ham, April 26, at a meeting of the stockholders of the Lowell& Framingham Railroad, consolidation with the Old ColonyRailroad was voted by 3,634 shares to 39 shares against ijt.

The Old Colony Railroad will issue 4}^ per cent bonds inexchange for the Framingham & Lowell bonds, and will giveone share of its stock for four shares of the preferred stock ofthe Lowell & Framingham, and one share for 20 shares of thecommon stock. On the basis of par for everything, the$500,000 Lowell & Framingham bonds will cost the" Old Colony$500,000 ; the $450,000 Lowell & Framingham preferred wiUcost $112,500; the $300,000 LoweU & Frammgham commonwai cost $15,000,—$627,500 for 26 miles of road, or $24,000, inround numbers, per mile, the purchase carrying with it anentrance into the second largest city in the State. TheLowell & Framingham RaUroad was opened in 1871, is 36miles long, from Lowell to Framingham, and has been leasedto the Boston Clinton Fitchburg & New Bedford Railroad andlatterly to the Old Colony Railroad.—The late sale of 3,000 shares of Old Colony stock was to

provide in pArt for the $400,000 Agricultural Branch 6s matur-ing in July, and inhei-ited as a legacy from the Boston ConcordFitchburg & New Bedford road at the time of consoUdation.These bonds will be redeemed.

Memphis & Little Bock.—At Little Rock, Ark., April 34,in tJie United States Chancery Court, a decree was renderedagainst the Memphis & Little Rock, compelling the railroadto issue certificates of deferred stock to all holders of secondmortgage bonds issued to holders of Arkansas bonds and forits floatmg debt, and to holders of income bonds of the com-pany subsisting February 15, 1879, who shall surrender thesecurities and file them in the Master's hands " within ninetydays from this date," and tlie Master shall receive any suchsecurities tendered him and cancel them. An appeal wastaken to the Supreme Court of the United States.

Mexican National.—The negoliations with English cap-italists for aiding the Mexican National Railway Companyhave not resiUted in anything, and are said by insiders to be atan end.

Bo.iton Transcript.

Missouri Paciflc—The earnings and expenses of the Mis-souri Pacific and the St. L. I. Mt. & So. raih-oads for the firstquaretr of 1883 and 1884 were as follows:

1884. 1883.Grosseamings $3,977,288 $4,031,628Operating expenses 2,219,898 2,317,252

Notearuings $1,757,392 $1,714,376

New York & New England.-The Boston Advertiser ofApril 38 says :

" The plan for funding the floating indebtednessof the New York & New England Railroad Comoany has beenagreed upon between representatives of the stock and bondinterests, and will be considered at the directors' meeting to-morrow. Tlie plan allowed by the Legislature is the sale ofshares of preferred stock for $50 and two shares of common.The company will add a " sweetener " in the form of secondmortgages at 60, of whicli it has $2,000,000 in its treasury. Itis proposed to allow stockholders to subscribe pro rata forblocks carrying in the aggregate one million of second-mort-gage bonds and two millions of new preferred stock. Forthese, $1,600,000 cash and $4,000,000 common stock will bereceived. The company proposes to cancel the stock re-ceived. The sale will be at the rate of 60 for the secondmortgages; 50 and two shares of common for the preferred."A meeting of the board was held as appointed on April 29, butno action was taken on the proposed plan.

New York West Shore & Buffalo.—At Buflfalo, N. Y., April36, an action was commenced in the Supreme Court upon th

Page 29: May 3, 1884, Vol. 38, No. 984 - FRASER · ft THECHRONICLE. fvoL.xxxvin. WOVldQU%XCh^UQZ. Drexel,Morgan&Co., WAIiliSTREET, CORNEROFBROAD,NEWYORK. Drexel&Co., (Drexel.Harjes&Co NoMSouthThirdStreet

Mat 3. lflM.J THK (JIRONICLR fill

ronipl.nint of R. N. Moorp, John Zlmnierman, Rinntimn Swoot,.l;i!ii.-; \i. YiHiug anil others, nKiiiiiHt tlio North River (

'im-

strui ti'Mi Coniniiiiv. tJic New York & Wiwt Shore Haih-oml,

niid the I'niti'il Slates Trust Conipniiy of New York, for the

pnytnent of eliiiins iiiiKmiitiiiK to :^s|»,,i(10, ami of the <-hiiniH of

others of the <'reilitors of the Nortli- River ('onstnietion Coin-

pany BnioimtiiiK to |:t,T">ll,(MM). It is lUwireil to have the trial

take place in Schenectady C^ounty. A dispatdi from Rochest«'r

states that .lud);e l.andauof the Supremi' Court hasKraiitfd aninjunction restraining tlie New Y'ork West Shore Hi HulTalo

Railroad ( 'onipany from issnine any honds 'under tlie recent

niortKap^ for «v'"i,<HM),(M)0, or, if already issued, restniinin;; tlie

filing in any of the countioa through which the road runs. Afurther injunction was also granted restraining the railroad

conii)any from transferring any of its property either in bondsor real estate. The suits wore brought by Roliert II. Mooreand John Zimincrmann, contractors. The mortgage in (iiies-

tion was filed at Kingston on Friday last, but at the vVest

Shore olfices it is stated that it is the mortgage that wasexecuted In January. |10,(KX),0()0 of the bonds are said to

have lieen Issued to the North River Construction t'onipany,

and are now in the hands of its receiver.

New York Sustiuehaiina & Western.—The earnings andexpenses for the years IH&i and 1883 were as follows:

1882. 18SU.Iiil,0;<8.ti50

63i,591

400.f6S38 .'.loO

GroM cnrilngs $72.\957Operating expenses 478,001

Net caminnii 247,956Interest on bonds

Surplus fertile year 17,565

Norfolk & Wcstorn.—The statement of eamingg and ex-

penses for March and for three montlis, in 1883 and 1884, Ls as

follows

:

, Xarek. . ,—Jan.toMare/t.—3mo»tlu1894. 1883. 1884. ISJIS.

OrOBS eiu-DlDKS .$i'10,298 $217,334 $84s,875 $609,166Expenses 134,083 113.349 401,080 352,298

Net e.irnings.. $76,214 $103,984 $217,59.i $256,867

Oregon & TranS;Continental.—A proposition Ls under con-sideration to eanc^ the lea.se of the Oregon & California Rail-

road Company to the Oregon & Trans-Continental Company.The terms of the lease, it is said are not satisfactory to theleading stockholders in the last-named company.

If. Y. Times.

Philadelphia & Rending.—The result of the joint opera-

tions of the l'hila<lelphia & Reading Rjiilroad and Coal & IronCompany in the month of March wa-s a decrease of f299,.364in net earnings ; and for the four months from December 1,

188;!, a decrease of |ll, 183,931 net. compared with the sameperiod in 1882-83. On the lease of the Central Railroad of NewJersey there wa-s a loss to the Reiviing of |373,31l in Marchand a loss of $958,863 for the four montlis. The total re-

ceipts of the Philadelphia & Reading Railrojid and Coal &Iron Company (not including the Central of New Jersey,

leased) for each month of the fist^al years 1882-83 and 1883-84

were as follows

:

,, Gross tteceipts. . . Net Receipis.—

.

1883-4. 1382-3. 1883-4. 1882-3.December $2,672.2-8 .$2,«05,201 $509,152 $843,783January 2.478,768 2.55i>.991 489,308 664,877February 2,193,719 2,377,181 2?6,713 630.080March 2,S70,645 2,829.721 403,137 702,501

Total 4mon(h8 $9,715,390 $10,632.100 $1,658,310 $2,841,241

The above statement does not include the Central Railroad

of New Jersey, leased and operated by the Philadelphia &Reading, and the e.xhibit for that company is as follows

:

CENTRAL RAII.nOAD OF NEW JEIiSET.Gross toss

1883-84. receipts. S^et receipts. Rental. lo I'.it R.Decemtier $735,841 $270,291 $184,090 $213,796January 696,051 17t<,l58 470,232 292,074February 765,402 291.1.15 471 817 180,682March 731,964 199,738 472,049 272.311

Total 4 inos..$2,929,258 $939,325 $1,998,188 $958,863

Pittsburg Fort Wayne & Chicago—Pennsylvania.—Ac-cording to di-spatches from Pittsburg, the Pennsylvania R. R.is making arrangements to acquire the Pitts. Ft. W. & C. R. R.

absolutely. It has been decided to issue $33,000,000 of bonds,the jMiyment of the principal and interest of which will beguaranteed by the Penn.sylvania Railroad Company; to ex-change these bonds for the original .stock of the P. V. W. & Ch.companv, and so transfer the road to the Pennsylvania R. R.

Co., which will bo the only stockholder of the Fort W.iyne Co.after the bonds are all Issued. The matter will be definitely

settled at a meeting to be held on May 31. The bonds to beissued in exchange for stock will run until the year 2868, orndarly 1,000 years. They will bear interest at the rate of 7

per cent. Tliia is the same compt>nsation received by theoriginal stockholders under the lease, and it will be paid in thesame manner, viz., in quarterly instalments. Mr. Halev, theSecretary of the Ft. \v. Co., saj-s that while the PennsylvaniaR. R. Co. will own the Ft. W. road, the company will con-tinue to exist as at present. This is required by the charter.

About a year will he required to complete the transfer.

Port Royal.—In 1869 the Port Royal Railroad Companymade a mortgage on its property to secure 2.500 bonds of thepar value of f2.500,(X)0. Three years later the Georgia Hail-

road & Banking Company guarantee*! the payment of 500 of

these bonds. Both corporations defaulted on the intert?st m1873, and suit ha.s lx.'en brought for the recovery from theGeorgia Railroad & Banking Company of the face value of thecoupons, with interest from May, 1873. Judge Donahue, of

Now York, hat* fpnntotl nn atta(]hment ngninHt thn p'opnrtyof the defen<lant corporation on the ground that it is thacrentliro of a foreign Slat<<. It apiioars from the aflldavit thatafter the (h'orgia ('ompany hiul guaranteed the payment of

the bonds, the l.egislature of Georgia pasx-'l a M|)<!<dal actlegalizing the guarantee.

RIehmond Jli Danville.—Tho directon of the Richmond& Danville Kxtencion ( 'ompany. It is stated, have authori%<«l

the construction of the ( 'r>liittibiis Gaii extension on the ficorgia

Pacillc. .Steel mils will Ik> iis<,'d, anci the cost of the extensionis estimated at alMiut iJ9<Hi,0<Hi. The new line will extend to

Birmingham. The Prcwident's oHicc la to be removed to NewYork.

Rochester & Plttsbnrgr.— It is said that of the $1,000,000 ofbonds covered by the etpiipment mortgage recf>rded in theRogLstcr's ofHce on Tuesdjiy, $l,IO<»,0(Mt have been taken by thestockholders of the company. The balance remairu in thepoaeession of the corporation. The bonds are dated Feb. 1,

1884, bear 6 per cent interest and will mature in 1934. Morethan $900,000 of the proceeds has alrea<ly Ix-cn invested in

rolling stock.

Shenandoah Yaller.—^The statement of earnings and ex-penses fpr March, an<I for three months, in 1883 and 1884, is as

follows :

i£arel>. . '-Jan. lo irareh.—3 mon/ht—.1884. 1883. 1884. 1883.

Qrors eamlDgs... $59,581 $64,415 $174,225 $153,125Expenses.. 51,136 .50,073 156,365 1.57,863

NeteamliiKS $8,444 $14,342 $17,859 I/>5S. $4,737

Toledo Clncin. & St Lonls.-The Boston Transcript says :

"The Tol. Cin. & St. L. is now in a fair way for piecemealreorganization. Every one of the five hundred bonils uponthe Iron division has gone into trust to purchase the property

at the foreclosure sale on the 28th of June, and 50 is refused

for any of these securities. This is a broad gauge (not standard)

line of 23 miles, and though bonded at $22,000 i>er mile, is be-

lieved to be able to earn the interest thereon independently of

the system. Of the $2,350,000 bonds in the Southeasterndivision of 185 miles ($13,000 per mile), about $1,450,000 havecome into the trust agreement to purcha.se the property at the

sale on the 28th. The time for coming into this agreement hasbeen extended to May 10, after which 1 per cent will be chargedfor entering the scheme. These bon<ls are now about 30 per

cent bid. and the road is regarded as capable of earning some-thing for its bondholders.

" The St. Louis division of 368 miles has $3,000,000 first-

mortgage bonds ($11,200 per mile) and cannot earn its operat-

ing exjienses at present. Mr. Austin Corbin will meet the

bondholders of this division next Tuesday in this city to for-

mulate a plan for reorganization. These bonds are worth in

the market not far from 13 per cent of their face value." Where the stock and the income bonds are coming in under

all the various foreclosures is not yet apparent, but it is nearlyimpossible, under Ohio laws, to wipe out a railroad stock

equity."

Trunk Line Pool.—The ,meeting of trunk line presidents

this week resulted in the abrogation of the rule by which thePool Commissioner wjis bound to order a re<luction of rates onthe demand of any one of the pool ro.ids. Erie and New YorkCentral representatives were said to have been most active in

getting the rule removed. The meeting resolved that future

complaints of cutting should be submitted to CommissionerFink, who should make examination and submit his conclu-

sions to the pool Executive Committee, which alone has powerto take action in such an emergency.

Wabash St Louis & Paclflc—A suit has been begun at

Peoria, III., against the Toledo Peoria & Warsaw, the ToledoPeoria & Western and the Wabash St. Louis & Pacific

railway companies, to compel the last company to issue certi-

ficates of stock in the Wabash St. Louis & Pacific Companyto the amount of $35,000, in exchange for $100,000 in the Tol-

edo Peoria & Warsaw road given by the city to aid in the

construction of the latter road. It has been held that the

lionds held by the city were valueless l^ecause the agreementstipulated that the b^ds should be transferred in thirty daysafter a specilied time, but legal publication of that fact wasnever made and the discovery of a vital document in the case

wasmade by accident.—i\^. Y. Tiibune.

Western North Carolina.—President A. B. Andrews of the

Western. North Carolina Railroad Company, on May 1 paid

$600,000 to the State under its contract for the purchase of the

State's interest in the line.

Union Paclflc—At Boston. Mass., April 29., in the United

States Circuit Court, Judge Lowell rendered a decision in the

suit of the United States against the Union Pacific Railroa<l

Company to recover $1,180,619, being 5 per cent of the net

earnings of the road for the five years preceding 1875, as

providetl by the contract. The court has now allowed the

defendant to plea<l in its favor the judgment of the Court of

Claims. The question now at issue is only one of costs.

—Omaha, Neb., .April .30.—General Manager Clark of the

Union Pacific Railroad, acting under instnictions from the

board of directors, has issued an order which goes into effect

to-morrow, reducing salaries as follows : Those over $8,600 per

annum, 15 per cent; lietween $1,000 and $:l.600, 12^ per cent;

less than $1,(H)0, 1 per cent. These reductions apply to all

employes except locomotive engineers and firemen.

—The Union Pacific land sales from January I to April 95

1884, were 747,113 acres for $2,197,787.

Page 30: May 3, 1884, Vol. 38, No. 984 - FRASER · ft THECHRONICLE. fvoL.xxxvin. WOVldQU%XCh^UQZ. Drexel,Morgan&Co., WAIiliSTREET, CORNEROFBROAD,NEWYORK. Drexel&Co., (Drexel.Harjes&Co NoMSouthThirdStreet

542 THE CHRONICLE. [Vol. XXXVIU.

Zhe Q^ommtvcml %imzs.

COMMERCIAL EPITOME.Friday Night, Jlay 2, 1884.

The weather has become quite spring-like, and it now seemsprobable that witliin the coming week there will be a completeresumption of inland naTigation at the North and West.Business feels the influence of more favorable circumstances,but is still dull. A number of failures in the Produce Ex-change caused momentary excitement. It is expected that avote on the pending tariflf bill will be reached next week inthe lower house of Congress.The following is a statement of the stocks of leading articles

of domestic and foreign merchandise at dates given :

COTTON.Friday, P. M., May 3, 1884.

The Movement of the Crop, as indicated by our telegramsfrom the South to-mght, is given below. For the week ending

.this evemng (May 2), the total receipts have reached 20,053bales, agamst 20,923 bales last week, 30,274 bales the previous

' week and 30,113 bales three weeks since; making the total

'^nn)PnS.^'^'^f ^'^^J''^of September, 1883, 4,713,319 bales, against

5,000,6/0 bales for the same period of 1882-83, showing adecrease since September 1, 1883, of 947.351 bales

Pork bbls.Beef tc8. and bbls.Lard tcs.Tobacco, domestic lilids.

Tobacco, foreigu bales.Coffee, Kio bags.Coffee, other bags.Coffee, Java, &c mats.Sugar hlids.Bugar boxes.Sugar :". bags, &c.Melado libds.molasses, foreign hlids.Molasses, domestic bbls.Hides No.Cotton bales.Kosin bblsSpirits tui'peutiue bbls.Tar bbls.Rice, ]?. I bags.Eice, domestic bbls. and tcs.Liuseed bags.Baltiietre bags.Jute butts bales.S'auila liemp bales.Bisa 1 benip bains.

18S4 .

Hay 1

.

Il,-tl9690

25,63121,41762,80.>

21S,^35100,740y6,2iil55,'!681,4 6ii

758,007S20

2.4782.20O

42.200346,03324,H2.52,0914,2184,!.20840

7.50012,00051,00013,68721.440

1884.Jprii I.

1883.Mai/ 1.

15,499 30,3.=)03^2 1 , 1 52

17,2-3 24,91815,430 15,0S)7C3.579 40.034

20ii,316 57,08567,860 14.20097,841 36,0>^041,037 69,a811,469 3.159

714,381 562,37.5398 None.

1,052 3,(1312,700 3,5(10

41,200 172,60034,>,634 235,69516,637 19,0772,650 1,7802,025 2,0U29,820 27,000700 2,100

2,500 35,00012,500 12,4('0£0,500 72,00027.011 49,00016,732 32,100

The lard speculation has been active at widely varyingprices. Yesterday tliere was a buoyant market on reports ofreduced stocks, but to-day there was equally decided decline,contracts going at from S -750. down to 8-57c. for June and8-84c. down to 8-68c. for July,—the most active months, withMay closing at 8-50c. and August at 8-72c. Spot lard closednominal at 8-40c. for prime City, 8 60c. for prime Western and8'70c. for refined for tlie Continent. Pork has ruled firmer,but closes quiet at |17 for mess and |;19@$19 25 for clearback. Bacon and cutmeats. as well as beef \and beef hams,are quoted as last week, with little doing. Tallow is easierat 7c. for prime. Stearine dull at 9I4C. Butter lower at 20@28c. for fre&h creamery and ll@18o. for Western factorv.Cheese steady; new factory 8@13><c.; skims 2K@5c. Eggslower at 13i^@ 141 ,'c.

^^

Rio coffee lias be'en more active on the spot, and at one timefair sold at lOp^c. ; the close is nominal at IOI4C. for fair Rioand lOc. for ditto Santos. Options have sold more freely atvariable prices, but on the whole higher, closing steady at8-55((<)8-65c. for May. 860@8-65c. for June, 8-65@8-70c. fijr Julyand August, 8-70@8-75c. for September and 8-75@8-80c. forOctober, bid and asked; mild grades have been fairly activeand steady. Spices have been dull. Foreign fruits quiet andunchanged. Rice firm and fairly active. Foreign molassesdull; New Orleans fairly active and steady. Tea dull, weakand unsettled; Japan sold today at 23i^c. for June, a declineof %c. for the week. Raw sugar has sold rather more freelyon the spot at weaker prices; fair refining, 5 5-lOc. on the spotand sold to-day at 5-33c. for July; refined weak.

'

Kentucky tobacco has been firm though quiet during thepastwetk. The transactions for April aggregate 3,889 hlids.,of which 3,137 were for export, 178 for home consumptionand 174 to jobbers. Lugs close to-night at 7'g@»^^c. andleaf at 8'^g((jl2c. Seed leaf has been atiiflemore active andall pricBi remain about steady; sales embrace 2,289 cases, in-cluding 700 cases crop 18S3, New England second fillers, onprivate terms ; 250 cases crop 1883, do. Havana seed, 22i^@271^0.; 150 cases crop 1881, Pennsvlvaaia, 6(gl0c.; 386 casescrop 1882, do., 43^(ai6c. ; 53 cases crop 1883, do. Havana seed,on private terms ; 300 cases crop 1883, Wisconsin Havanaseed, 25@30c.; 325 cases crop 1882, do., 30 to 45c.; 100 casescrop 1882, New England, 14 to 30c., and 25 cases crop 1881,do., 25c.; also 450 bales Havana. 80o.@§l 15 ; 100 bales YaraII., private terms and 400 bales Sumatra at $1 20 to $1 65.In naval stores little of interest has transpired, and prices

to-night close about steady at 31;'i4c. for spirits turpentine and$1 42}^® $1 45 for strained to good strained- rosins on the spot.Refined petroleum has been fairly active at SfgC. for 70 Abeltest for all this month's delivery. Crude oil certificates havehad a sharp advance, owing to the determination of the pro-ducers to curtail the hap-hazard drilling in the Pennsylvania dis-tricts. The market was also largely oversold, and was an easy

- prey to the "bulls." Sales to-day 34,929,000 bbls. at 97c.@|l,closing at 09;^@99;i^c. lu metals, hops, oilsand wools, busiuesshas been very slow and prices are without essential changes.The business in ocean freight room on tlie berth has been

veryjmoderate, and rates rule easy and unsettled. Oil chartertonnage has been more active at reduced rates. To-day grainwas taken to Glasgow by steam at 3d.; do. to London bysteam, ^'Xd. ; grain from Baltimore to Cork for orders Ss414<1.; refined petroleum from Philadelphia to Trieste, 3s. id.;do. to Lisbon, 2s, 9d.; do. to London or Antwerp, Ig, IQi^d,

Receipts at—

SalvestonIndianola, &c.

New Orleans...

Mobile.,

Florida

Savannali

Brunsw'k, &c.

Oiarleston

Ft. Royal, &c.

Wilmington ....

Moreb'dCifccNorfolk

Wes,tPoint,&c

New YorkBoston

Baltimore

Plilladelp'a, die.

Totals thisweek

Sat.

30

107193

19

19

10

288

479341

30

1.536

Ifon.

1,035

1,220

184

393

226

19

263

315427

247

4,392

Tuet.

44

4S172

57

90

136

680

2,276

3.869

Wed.

19

19014840

427

2124015

2981367750

1,425

66

3 810

Thurs.

119

68743

46

559

24

200

4

700

220

2,602

Fri.

465

7863510

14850

157

15

23

4931,'.2?

948

3,844

Total.

1,353

53.471

67350

1,123

501,263

4086

93984

1.165

3,391

2,553

3,807

20,053

For comparison, we give the following table showing the week'stotal receipts, the total since Sept.l, 1883, and the stock to-night,and the same items for the coiTesponding periods of last year.

Seeeiptt to

May 2.

Salveston

IndiauoIa,&a.

New Orleans...

Mobile

Florida

SavannahBrunsw'k, &o

Oharleston

Pt. Royal, Ac.Wilmington....

M'headC&cNorfolk

We8tPolnt,(S[e

New YorkBoston

Baltimore '

Plilladelp'a,&o.

Total

1883-84.

Thi$

Week.

1,353

5

3,471

673.'.0

1,123

501,263

4086

93984

1,165

3,391

2,553

3.307

20,053

Since Sep

1, 1883.

1882-83.

This

Week.

586,2178,472

1.493,954

250,460

42,752

647,081

8.031

413.6S313.629

91,517l^,53o

572.253220.331

105,169

170,758

26,082

48,392

4,713,31(1

9.590

10912,600

1,252

563,616

3,102

121

59440

7.799

2,399393

3,279

. 982799

Since Sep.

1, 1882.

Stock.

1884.

r90»6S3

16,401

1,585,419

305,00118,234

791,275

5,508

558,01823,857

125,572

18,759

753,262

218,601

134,812

166,013

51,932

91,633

48,761 5,660,6701

9,394 4:

1

1883.

,748

142.337

8,741

5,972

5,901

2,798

6,569

79,348

21,033

19.391

20,92760S

4,615

43,34>

316.179 232,1736,720 5,9857.860 20,5937,369 5,527

549.89l'601,95I

In order tliat comparison may be made with other years, wegive below the totals at leading ports for six seasons.

Receipts at—

aalve8t'n,&o.

New Orleans.

MobUeSavannahOharl'st'n, &cyilm'gt'n, &cNorfolk, &o..

All others

1884.

1,353

3,471

6731,123

1,303

861.023

11.010

1883.

9,699

12,600

1,232

3,646

3,223

03410,198

7,509

20,0531 43,761

1882.

3,067

4,000

1,475

3,611

2,013

4766,619

13,162

34 423

1881.I

1830.

4,10214,831

1,700

5,375

2,975313

6,229

9,9511

43,535

2,268

8,487

2,152

1,252

2,220

793,529

5,674

25,661

1879.

2.131

6,218

1,838

2,395

5SS401

3,0382,374

19,031Tot. this w'k.

Sinee Bent. 1 471?i.3in 506 (i70 41Jj(^.16ji ,^306,-83 4064,528 4330,038Oalreston includes iuaiauola; Cliarleslon mcOudl^i Fort KoyalT &c?

WllmluiEtoninoludes Morehead City, *c.: Norfolk includes City Point. &c.The exports for the week ending this evening reacJi a total

of 30,398 bales, of which 14,330 were to Great Britain, 3,783to France and 12,2M5 to the rest of the Continent, while thestocks as made up this evening are now 549,894 bales. Beloware the exports for the week and since September 1, 1883.

Wtek Ending .l/c/j 2. From Sept. I. letiS. to Mnu 2, 1; SI.

BxporUfrom—

Exported to— Exported to—

Great Conti- Tota! Qreat Conti- !

Brit'n. France nent. Week. Britain. FraiX€ ntnt.

62,378

Totn:.

aalveston 249.583 34,763 tOS.TSO^Tew Orleans.

.

5,648 3.674 7,781 17,303 710.881 316,827 S01.O34 1,358.762Uoblle 38.167 1,380 57.537Florida 3.704 3,704Savannah 1,003 :,013 155.616 i;t,436 188.717 357,79»OharlestcD *... 11!,205 24,497 133,749 268,131Wilmington.. 43,413 i.»!\> 47.243Sorfolkt 253,923 20,688 274,510Sow York .... 1,670 lOU 419 2,l»8 320,812 29.825 81,464 431,i)0l

Boston 1.303 1,303 83,343 S,42,J 101,788BOtlmore 1,235 4,080 5.3 JO 100,5».i 1.898 55,616 158,187

Plilladelp'»,Ac 3,161 B.iei 85,19.- 8,6^8 8a,8S8

Total 11,330 8.7b3 12,285 30,898 2,189.262 451,249 875,614 3,518,426

Total l!'R2..<;3 53.052 n.i(^ 35.431 1,7, S40 2 4«5 401. 4lin.7HS 1 280,8t0 4. If7 067* Includes exports Iruni Tort Itoviil, &f.+ Includes ejcports from West riilnt, ic,

Page 31: May 3, 1884, Vol. 38, No. 984 - FRASER · ft THECHRONICLE. fvoL.xxxvin. WOVldQU%XCh^UQZ. Drexel,Morgan&Co., WAIiliSTREET, CORNEROFBROAD,NEWYORK. Drexel&Co., (Drexel.Harjes&Co NoMSouthThirdStreet

Mat 3. 1884.) THE CHRONK^LR 513

I Ixwo exports, our tcloj^iM llal4()^;ivc

in iJH' liuounts of I'olton nil hIiI] j.i. jml I'li-.inMl,

at tlioI

I. Wii atUi Nimilnr IIkmii-m for New Ynrlt,

which. I. , ,...I

...cil for our apecittl use by Mossrd. Carey, Yalo& LaiulH-rt. «U Uro:ul Street.

On Bhiphoard, not elt<utd—/orLeavingStock.

Mat 2, AT— SreatBritain.

Dranu. OtherForeign

Ootui-W<M. Total.

NawOrleADS....MobileOaariegtonBitvannnh(K-ilvo-^tonNorfolkNow YorkOcheri>ort«

ft.l'*2

Noni>.Nono.No cNt>uo.Non(<.2.<i()0

2.800

)S.850None.None.NoiKvNoneNone.300

None.

None.None.•2.130None.l.-JOO

None.200400

None.None.27420017

453None.None.

12,032Nona.2,401200

1,817453

2,5003.200

130.3558.7413497ft,T727..'.77

ft. no343.07921.551

Tol»l 1884 10,982 6,150 4,530 914 22,606 527,268

rot«n883Total 1882

30,183ao.obo

9.1.SS10.221

30.533S,fl98

10,32.^3.824

80.991)S0,l:il>

.M4.9.^2

."109,0.14

The pjvst woRk has been oiio of iiauch interest to tlie specu-lators in cottoa for future <lelivery at tliis market. Thei-e ha<l

been noine dulness from the apprelieusion of free deliveries onMay eontract.s : Init on Suturday it was seen that Jfay noticeswere generally stoppoel in tlio interest of a le.ading s!iipi)er,

ami this crop advanced. The weather at the South, however,showed a great im|)roveaient, and the next crop closed lower.During Monday and Tuesday there was a shai'p decline, undersales to realize, in whicli many weak holders were "shakenout." There were no new features operating to put down prices,

but simply a withdrawal of buyera, and the market, being left

without support, developed the weaknes.s that naturally fol-

lowed an important advance. On Wednesday the market wasvariiible antl unsettled, showing no decided change. But onThursilay there was renewed activity and biuSyancy, onfavorable news from Liver|)ool, though part of the early ad-vance was lost in the later dealings. To-day the market wasvariable, closing slightly dearer, but as compared with last Fri-

day l.i(iiil7 points lower for this crop, 13 points lower forSeptember and C(ji: .S points lower for the next crop. Cotton onthe spot has been dull and quotations were reduced '^c. onMontlay. There baa been no change since, and the close onFriday was quiet at 11 -'^c. for middling u)>lands.The total sales for forward delivery for the week are G17,.500

bales. For immediate delivery the total sales foot up this week1,917 bales, including 2.~> for export, 1,.')72 for consumption,320 for speculation and— in transit. Of the above, 400 baleswere to arrive. The following are the official quotations foreach day of the past week.

April 26 toMay 2.

VPhASVa. NEW ORLEANS. TEXAS.Sat. niou Tnea Sat. Rlon Tuea Sat. |inon.|Tiiea

0.-dln'/.»«> 9!>R 9'>(| 9i« »'r 9% 9% 9% 9% 9%Strict Ord.. 101,

«

101,

9ISi6il06ia 106,6 10»,« 104,„ 105,8 103,8OiMd Ord.-llO'a 10''8 10% im 11% 11 11% 11% 11Str.G'dOrd I1'4 U'4 IIM im im 11% im 11% |ll%I<ow Midit'gej.L'wilid

Wn n»« 11% 11% 11% 11% 11% 11% !1I%UUlellllia ll»lfl lli6,e 111118 1113,« 1113,j|1113igllll3i8

MlddUuK... 11^8 IITr 11% 12% 12% 12 12% |l2% 112Good Mid.. liM 12i8 12 12% 12% I2I4 12% 12% 12>48!T.6'dMid 12% l-'38 1214 12% 12% I2111 12% 12% ll2UiMldd'gFair'12% 129i |12»8 13 13 12''8 13 13 112%F It 'isia 13>-2 113% 13% 113% il3% 13% 13% Il3%

Wed Tb. Frt. Wed Xb.

9%

Frl. Wed{ Tb. Frl,

O.-dln-y.^D 9«« 9ifl 91a n% 9% 9% 1 9% 9%StrlotOrd.. S's,, «l',« 9ii,„ 103,. lOSj, lO^ig 103j8 103,6 103,8<iJ0d Ord.. 10% 10% 10% 11 U 11 11 In 118».G'dOrd ll's UM Hig 11% 11% 11% 11% (11% 11%LjwMldd'g 1138Str.L'wMidllOiB

U3a 11% 11% 11% 11% !ii% 111% 11%U«1« ni>,6 lH3i« lllSia lllSiB Hl»,g 1113,„'llI3,„

Mid<IUn«...ill\ 11=1, lt% 12 12 112 12 12 112Ojod Mid.. 12 12 12 I214 I214 11214 1214 I214 II2I4Str.G'dMld 12>4 1214 12M 12is 121a ]12ia 12% 12% I219Mldd-g Fair 1261, 12<>9 12% 1278 12% 12% 12% 12% 12%Filr 1338 1338 13% 13% 13% 13% 13% 113% il3%

STAINED. sat. inoD|Taea Wed Xb. en.

Oiod Ordinary V ». 914 9I4 9% 9% 9% 9%S:rtct Good Ordinary O'^ie 9i5ie 9i!i6 913,8 913,9 fliSiaLwHlddllng 10% 10% |10% 10% 10% 10%Middling Xl% 11% 1114 III4 1114 III4

MABKET AND SALES.

The total sales and future deliveries each day during the•week are indicated in the following statement. For the con-venience of the reader we also add a column which shows at a;glance how the market closed on same days.

SPOT MABKBIOLOSKD.

SALBH OP SPOT AND TKAB8IT.

Ex-1Con- 8pee-

port.] rump, ul't'n $it. Total. BaUt.Delittriet

Sat..Men .

Tues.Wed .

TbursFri..

Quietl>ii:i and coaler..QiiiPt at i»dco..UullSteadyQuiet

"di

189 220442 ....

210 ....

94i 1003371 ....

3oo; ....

'.'.'.'.

409442235194337300

97,90089,600149.400127,90082,30070,400

200300200200.SOO

1,600

Total. 25 1,.'J72 320 1,917 617,500 2,70o

Tbe dally dellTeries iciven above are aotoally delivered tbe dayprevious to tbat on wbtoh tbey are reported.

The Sales and Pkices of Futures are sho^vn by the follow-ing comprehensive table. In the statement will be found thedaily market, the prices of sales for each month each day, andthe closing bids, in addition to t&e daily and total sales.

pCRcb

|s=i %in th^es'-s ^"wo '<"'«£

• '-'5?

hi 3? ?

1

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I ®m:MMQM- 1 00 O ^1c: — 00"mm >f^ •?dob 2

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MMojMcdcdCoo

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CCQD 9

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I « :

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I»m:

^M >99 ?coco ©

I©jo:

oooo 9c>o9

99 !?

o- -^

i^m:^

OOoO

:c« 2

I Qtio:

CM§M

-^ ?00tcco

M p.

o I 2

6)Si: : I 9:

I o

I ^

cc^OqCCQ O

CO 5CM >!

I sm:

MM ^

o— 2

6,lo»lOOM O

M >•I ^ s00 '^

I » :

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l«:

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20 pd. to cxch. 700 .Inne for Aug.•OS pd. to excli. 300 May for June.•07 p<l. to exoli. 200 May for June.•07 pd. to fxch, 200 April for .Tune.26 pd. to exch. 30O .Way for Au(t.25 pd. to exch. 200 May for Aug.06 pd. to excli. 200 May for June.25 pd. to cxeli. .500 May for Ang.2n pd. to exch. 500 June for Ati;:.

23 pd. to exch. 1.200 May for Aug.20 pd. to exch. 600 June for Aug.02 pd. to exch. 100 Oct. for Feb.09 pd. to exch. 300 July for Aug.

* biolndee sales In September. 1883, for September, 78,200 : Septem-ber.October. for October, 338,600; 8eptiimb«r-!fovember. for November,399,800; Sepfeinboi'-Deocinlipr. for IJecpml)cr, 8li'.',500; September-Jiiniiary. for Jiiuuarv, 2,!-17,900; Septeuibcr-Felnuaiy, for February,1,780,800; Scptember-Mai-ch, lor M;ireh, 2.3Utt.80O.

Transferable Orders—Saturday. 11 HOo.; Monday. ll'SOe.; Tuesday,ll'TOc; Wednesday. ll-70n.; Thursday. 11^70c.; Friday, U75cShort Notices for May—Mondily, ll^78«11^84c.

The following exchanges liave been made during the week:•18 pd. to exch. 1,5C0 June for Aof.93 pd. to exob. .500 Oct. for Aug.•17 pd. to exch. 200 Deo. for Feb.01 pd to exch. 100 May s. n. (orregular.

•13 pd. to exeh. 600 June for Aug.08 pd. to exch. 30O June for July.100 Nov. for Dec. even.100 pd. to exch. 400 Jan. for Auf*22 pd. to exch. 400 May for Aug.23 pd. to exch. 600 May fur Aug.08 pd. to exch. 100 July fur Aug.23 pd. to exch. 200 May for Aug.

Page 32: May 3, 1884, Vol. 38, No. 984 - FRASER · ft THECHRONICLE. fvoL.xxxvin. WOVldQU%XCh^UQZ. Drexel,Morgan&Co., WAIiliSTREET, CORNEROFBROAD,NEWYORK. Drexel&Co., (Drexel.Harjes&Co NoMSouthThirdStreet

514 THE OHRONICLK [Vol. XXXVm,

The Visible Supply of Cotton to-night, as made up by cable

and telegraph, is as follows. The Continental stocks, as well as

those for Great Bntain and the afloat, axe this week's returns,

and consequently aU the European figures are brought downto Thursday evening. But to make the totals the complete

figures for to-night (May 2), we add the item of exports from

the United States, including in it the exports of Friday only,

1884. 1883. 1832. 1881.

Btock at l^iverpool balea.1,019,000 933,000 990,000 1,000.000Stock at London 65,000 58,400 61,100 47,900

Total Great Britain stock

.

Stock at HamburgStock at BremenStock at AmsterdamStock at RotterdamStock at AntwerpBlock at HavreStock at MarseillesStock at B.arcelonaStock at GenoaBlock at Trieste ,

,114,0003,100

71,50050,0001,0002,800

221,0004,00061,0009,0005,000

991,4005,000

45,60033,0002,4003,300

134,0006,300

71,0009,9009,000

1,054,1002,000

25,60019,500

2541,900

103,0002,980

43,0006,6004,769

1,047,9006,800

46,30044,2008,2007s

215,0004,200

32,0004,0007,300

Totai Continental stocks 428,400 319,500 209,603 368,780

Total European stocks ....1,542,400 1,310,900 1,263,70:

India cotton afloat for Europe. 344,000 330,000 421,000Amei-'ncott'u .-.float for Eur'pe 228.000 575,000 356,000EKypt.Brazil.i&c.afltforE'r'pe 46,000 34,000 57,000Stock in United St.ates ports .

.

549,894 601,951 559,773Stock in U. S. interior towns.. 74.949 146,176 125,022United States exiwrts to-day.. 5,500 20,600 12,200

Total visible supply 2,790,743 3,018,627 2,794,698 2,

Of tlio above, the totals of Americanand other descriptions are as

Amei'ican—Liverpool stock bales 757,000 693.000 632,000Continental stocks 316,000 211,000 103,000American afloat for Europe... 228,000 575,000 356,000United States stock 549,894 601,951 559,773United States interior stocks.. 74,949 146,176 125,022Vulted States exports ta-day., '5,800 3O,600 I2,i00

1,416.680255,000459,00044,000

594,550193,949

4,200

Total American 1,931,343 2.247,727 1J87,995Bast Indian. Brasil, lie.— „.,.„.

Uveriiool stock 292,000 240,000 353,000liondoustock 65,000 58,400 84,100Continental stocks 112,400 10S.5QO 106,603India afloat for Europe 344,000 330,000 421,000Egypt, BrazU, itec, afloat 46,000 34,000 57,000

,967,379

follows:

767,0002 74,000439.000501,550193,949

4.200

21(3,00047,90094.780

255,00044,000

bales less than at the same period last year. The receipts atthe same towns have been 170 bales less than the same weeklast year, and since September 1 thie receipts at all tiie townsare 618,193 bales less than for the same time in 1882-83.

Quotations fob Middling Cotton at Other Markets.—In the table below we give the closing quotations of middlingcotton at Southern and other principal cotton markets for eachday of the past week.

Week endingMay 2.

GalvestonNew Orleans.MobileSavannahCharleston...Wilmington..NorfolkBostonBaltimoi'9 . .

.

Philadelphia.AugustaMemphis ....dt. LouisCincinnati . .

.

Louisville

CLOSING QUOtATIOSS FOB MIDDLINO OOTTOS ON—

Salur.

11=811%11»8

\iKlissIt's12ll^s1218

113»11»811=81112

Mon.

llSg11%llSgim11%11%11»812IfB121811%11%llSg1158im

Tues.

llBg11%11=8im11%11%Ilia12ll'a12%11%11%Il»811»8lll«

Wednet. Thuri.

115e llifl

ll»e 11»8Ills Ilia11-4 im11% 11%11% 11%Ilia Ilia12 ll's11% 11%12ie 121811% 11%11% 11%11»9 im1158 11%Ills lHa

Fri.

lli«11%lit11%11%11%1112ll's11%12%11%U%11%ll»HIlia

Total East India* &o..<. .. 859.400 770,900 1.006.703 674,680TotalAmerioan 1,931,343 2,247,727 1,787,993 2,29i,699

Total visible supply 2.790,743 3,018.627 2,794.698 2,967.370

Price Mid. Upl., Liverpool eied. 5%d. e^d. 5'ed.

dt^" The imports into Continental ports this week have been

73,000 bales.

The above figures indicate a decrease in the cotton in sight

to-night of 227,884 bales as compared with the same date of

1883, a decrease of 3,955 bales as compared vrith the corres-

ponding date of 1882 and a decrease of 176,636 bales as

compared with 1881.

At the Interior Towns the movement—that is the receipts

for the week and since Sept. 1, the shipments for the week, andthe stocks to-night, and the same items for the corresponding

period of 1882-83—is set out in detail in the following statement:

Keceipts from the Plantations.—The following table is

prepared for the pnrixise of indicating the actual movement eachweek from the plantations. Receipts at the outports are scmie-times misleading, as they are made up more largely one yearthan anotlier at the expense of the interior stocks. We reach,therefore, a safer conclusion through a comparative statementlike the following. In reply to frequent inquiries we will addthat these figures, of course, do not include overland receipts orSouthern consumjition; they are simply a statement of theweekly movement from the plantations of that pai't of the cropwhich finally reaches the market through the outports.

fuccEnis yJBoM I'LAOTATIONS.

Week Receipts at tlu Portt. Sf'k atlnterior Tovmt. Bec'ptifrom Ptant'nt

j«<Mn«—1882.

1i8S3.

72,031 1 116.130

1831. 18*2.1

18b.^1I8S4 1888 1883. 1884.

Feb. 16 105.921 372.154 326.786,268.069 63,657 129,312 91.515•* 28 60,100,134,448 6j,013 362,430 32;.134|234,450 50,136, 12K,076 K.S9t" 89 51.980 133.321 76,487 313,072 30g.417|227,2C5 32.622 |122,S14 4«.30»

Mob. 7 58,747Jl24,628i 68,720 315,973 304,021 203,47; 31,648 12I,«6a 48,932

" 14, 57,<54 111,181 49,816 2»4,<;98 297,173 184,411 25,8741WMae 28,813

•• 81 ei,9ie 103,062 42,633 233.618's78.016|l30,809 31,141 87,835 19,030.

» an 54,035 86.999 68,S34 233.188;2B6,i)7I1141,238, 83,5891 74,021! 33.311

April 4 44,167 78,708 37,oai 215,914 2D7,152jl25,i«4| a7,229 68,8891 81,249-

" 11 32,2S8 ;2,W6 30,113 201,717 239,461 110,068 19,002 53,241 11,787

" 18 2a,60ci 68.527 30.271 180,281 213.029. 98,S6U 3,3 il 40,095 19,166

" 25 33,600 59.241 20,928 157,8J0 189.806 90,79) 11,1'il 36.021 18.757

May 2 34.423 48,761 20.0531 143.3271 l*4.aS8l 82,809 19,914 88.3381 13,068

V a

a

O 93

rfi'cci-o to cow oo H- h-alo <i oi oi to ci rf- oo CO en *j M o» 00 a'wtOif-Ci^-i-ostoxi*»-cci:;<cc'OSi*-MccaD;c

C5 *J to ^- W CO CO

W -* CIO V OD '-'

-M 00 Ui --1W *^

a'tc"© OD

'cok/b'too'-JwbioxMboVi'cc'toT-.aDQi^ajwX (:;r *>. cp^ CD oic *- oi iy> ^ I to CDo^ CO uuOitOQDOWQOCO'Oh-MO t~<D <1 !£>O OD O' CO

h3O

1-1

(CM J-"M ^jh ^

10 cn ic ^o to to o 01 "*-"o t- H M*aol».c£U1if^a>tO^QD^tg lb.locn^OitOI3U1

wp ts^i ^_io w_.gww wcow"^ CJjVi'io tu to'Ulo • '(** 0'V Ci o: p-

V

•.aODCrf^WtOCDODOSOD. OSM^tOMMtOCS

The above statement shows—1. That the total receipts fromthe plantations since September 1, 1883, were 4,740,972 bales;

in 1882-83 were 5,808,568 bales; in 1881-82 were 4,564,067 bales.

2.—That, although the receipts at the outports tlie past weekwere 20,053 bales, the actual movement from plantations wasonly 12,068 bales, the balance being taken from the stocks at

the interior towns. Last year the receipts from the plantations

for the same week were 23,338 bales and for 1882 they were19,914 bales.

Amount of Cotton in Sight M.^y 2.—In the table belowwe give tlie receipts from plantations in another form, and addto 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.

Eeeeipts at the ports to May 2..

Interior stocks on May 2 Inexcess of September 1

Tot. receipts from plantat'nsNet Overland to May 1

Southern oonsumpt'n toMay 1

.

8? If

§1

1883-34. 1882-83. 1881-82. 1880-81.

4,713,319.5.660,670

33,653 147,898

4,746.972 5,808,568546.726 599,86;;264,000 275,000

Total In Sight May 2 5,557,69h 6,683.430 5,203,697 6,220.539

4,466,165

97,902

4,564.067429,630210,000

5,396,883

176,415

5,573,298472,241175,000

ODOi;«p-towCOO (~> COw vt -omo O) CO to Qo en

c;» oi cO *- 00 COCO to CO ccw »t^ u<O' OD OS to ip. at OS

c c;io to to iPi>

tP^(fcco*.icnOD-'ito CO 10 <j -^M in

"cD os'toVi od"m toy»O CO en CO H*p10o to <l (t-tOd

LOCO CO

"coVwCOCn tO — OlCO est- CI to tf* 00 CD<IM0iC0»-*t0>fr»-'Oil0--1tgO«t^0DCJiCDO3MCOo -^ cn^ cjo (JD to -^O CO CO OC O CO CO 00 1P> OS

CO(U 1-* 1^ l(^l-«^Mto to 01 UOW to l(- C^ ^ CD to iP- (P' CD CO 03 lyiO <IQCp<OtOC0 01^0D*^*l^tOCi;pODK>^p01bwcDM'I^kpOooi-'V'kiwViwcoVQo'to•'tow»a«c;"Co#.f-a:c:0;''Oo-itooDCOooiC*Q0(t».C»CO*»JQ0-O-^Wi— CCSO^-MCCOOOICS

coo ^M M P^J-*^ to

"to'oico-^co lOtoVrfk to-qViwosa^ou'(UQ0:0O*0Cn»0C0CD00-^l'OtOCMUC0*-]Ct00i05 too CO Qt w CO ^^ *» K CO cc o tft. cj" Qci -qoo

'co'tc -si m':d cs Oi c.'»'to to "t- ooo'a to co*y 'ft-

Kh.^e-.fcOtJnji'*jc;'XMaooo>o;*^c^^uDc&CD-»jc»cDqiif^>-'tf->uOc;t«q*icoeQDon(b.

SPS-

S'

" This year's figures estimated.

The above totals show that the old interior stocks have de-ereased during the week 7,668 bales and are tonight 71,237

It wUl be seen by the above that the dooreaae in amount in sightto-nlRht, as compared with last year, is 1,12.5.732 bales, the increase ascompared with 1881-82 is 354,001 bales, and the decrease from 1880-81is 677,841 bales.

Wkatheb Reports by Telegraph.—The weather has in

general been very favorable for crop preparations and develop-

ment at the South during the week. At a few points in Texas,

however, there has been too much rain, which nas interrupted

planting.Galveston, Texas.—'W^ have had one light shower during

the week, the rainfall reaching sis hundredtlis of an inch.

The thermometer has averaged 73, ranging from 65 to 77.

The rainfall during the month of April reached five inches

and fifty-nine hundredths.Indianola, Texas.—We have had good showers on two

days of the week, the rainfall reaching fifty-four hundredthsof an inch. Young crops are doing reasonably well. Thethermometer has ranged from 61 to 82, averaging 73. Duringthe month of April the rainfall reached two inches and fifty

hundredths.Palestine, Texas.—It has rained hai-d on three days of the

week, interrupting planting in some sections, and washing the

surface badly. The rainfall reached two inches and forty-five

hundredths. The reported damage to the crop is much exag-

erated. Average thermometer 71. highest 81 and lowest 55.

Rainfall for the month of April eight inches and Hfty-.lve

hundredth^ HBH"^^

Page 33: May 3, 1884, Vol. 38, No. 984 - FRASER · ft THECHRONICLE. fvoL.xxxvin. WOVldQU%XCh^UQZ. Drexel,Morgan&Co., WAIiliSTREET, CORNEROFBROAD,NEWYORK. Drexel&Co., (Drexel.Harjes&Co NoMSouthThirdStreet

May U, 1884.J THE CHKONICLE. 545

HuntsciUr., Texas.—Wc havo had wclcomo Bhowcrs on twoiluyi* (if till) week, tho rniiifall rtyu'liiriK two iiicluw and forty-

(.ijr|,i i,,,i,,i....ni.- Pliuitinj; iirogn's.H<w well. Tho thL'i'inonu'-

tct 1 . tli« highoHt beiiiK H6 and tho lowest •W.

1)111 M ' of April the rainfall rcai-hed four inchesand Mo\ only -one liundrcKitlia.

LuUni/, Texas.—It has rained harder than denireU on twodays of the wi*k, tho rainfall r^^aohing one inch aad twelvehundrodtlM, No Morious duniaxe has been done, but dry•woatlu'i- Is wanted. Tho thoruiometer has averaged 7U, rang-

ing from 55 to 84. Rainfall for tlie month of April four inchesand nine hundredths.Brenliam, l^exas.—It has rained on throe days of the week,

tlie rainfall roaching; one inch and seventeen humhredtlil. Weare liavinji; too much rain; .still no seriouH damage has beendone. Tht! thermometer ha.s ranged from 52 to 86, averaging74. The rainfall during April reacheil six Indies and twenty-one hundre<ltli.ii.

Beltun. Texas.—^ii has rained hard on one day of the week,the rainfall reaching one inch and eighty hundredths. Noserious damage has resulted. Planting progresses finely.

Average theruuimoter (W. highest 8-4 and lowest 58. Rainfall

during April throe inches and twenty hundredths.

Weatherford, Texas.—Wo have had very hard rain on threedays of tlio week, but, except the interruption causeil to plant-

ing, no serious harm hah been done, as rain was neede<l. Thorainfall iciuhed five inches and four hundretiths. The ther-

mometer hxs jiveraseU (J9, the highe»t being 88 and the lowest61. During the month of April the rainfall reached five inchesand fifty hundrcdtlis.

'

Dallas, I'exas.—It has rained very hard on four days of theweek, the rainfall reaching two inches and ninety-three hun-dredtlis. Accounts from the interior are conflicting, but muchdamage is feared on low bottom land. We are having toomuch rain, and planting is suspended. The thermometer hasavei^agod 71), ranging from 10 to 8(i. Kainfall for the month ofApril six inches and seventy-nine liundrodths.Ifew Orleans, Louisiana.—We have had no lain during the

week. The thermometer has averaged 64.

Shreoeporc, Louisiana.—The weather has been cloudyduring tlie week, with several light rains, the rainfall reachingone inch and twenty-two hundredtlis. Roads are in badcondition. The thermometer has ranged from 51 to 86.

Vioksburg, Mississippi.—The early part of the week wasclear ami pleasant, cold and dry ; but during the latter portionwe have had showers on two days; still riot enough to do muchgood. The rainfall resiched ten hundredths of an inch. Thethermometer has ranged from 50 to 84. Kainfall for Aprilfour inches and forty-seven hundredtlis.Meridian. Mis.iissippi.—Telegram not received.

Oreencilte, Mississippi-—Telegram not received.

Columbus, Mississippi.—Tho weather has been warm anddry all the week. Rauitall during the month of April six inchesand twenty-two hundredths.

Little Rock, Arkansas.—We have had one clear, and twofair, days during the week, with rain on six days. The rainfall

reached' two inches and ninety-four hundredths. The weatherhas been unfavorable to planting interests so far. The ther-mometer has ranged from 43 to 78, averaging 63. We hadrain on seventeen days in April, and the rainfall reached teninches and fifty-eight hundredths. The thermometer averaged67, and ranged from 36 to 78.

Pine liluff, Arkansas.—Telegram not received.Fort UniUh, Arkansas.—Telegram not received.Helena, Arkanias.—We have had rain on three days, and

the remainder of the week has been cloudy. The rainfall

reached one inch ;ind twelve hundredths. The river is fallingslowly, but is still above the danger line. The thermometerhas averageil 68, the highest being 80 and the lowest 54.

Monticello, Arkansas—Telegram not received.

Newport, Arkansas.—Telegram not received.

Memphis, Tennessee,—We have had rain on four days ofthe week, but the weather is now clear and pleasant. Therainfall reached one inch and twenty-six hundredths. Theriver is now four feet below the danger line and falling stead-ily. Farm \vork is making good progress. Average tliermom-eter70, highest 83 and lowest 47. It rained on fifteen days in

April, and the reinfall reached eight inches and sixty hun-dredths. T*he tliermometer average<l 59-5, the highest being83 and the lowest 40-5.

Nashville, Tennessee.—It lias rained on three days of tho

Week, tlie rainfall reaching twenty-four hundredths of aninch. Planting makes good progress. The large receipts this

week are caused by through cotton. The thermometer hasaveraged 07. the highest being 83 and the lowest 44.

Mobile, Alabama.—We liave had warm and dry weather all

the week. Cloudy to-day. Planting has been about com-

eeted in tliis neighborhood, and the crop is developing promis-

gly. Tlie increased amount of land given to cotton this year

18 oetween five and ten per cent. The thermometer has ranged

from 47 to 84, averaging 69. During the month of April the

rainfall reache<l five inches and fifty-nine hundredtlis.

Montgomery, Alabama.—The weather lias been warm anddry all the week. I'lanting is about completed in this vicinity^

A good stand of cotton has been secured, but late corn and

oats are more forward than cotton. The sales of fertilizers in

Montgomery have ainounted to $10,573 this year, against

:J«,S15 last year. The thermometer has averaged 69, the hlgh-

eW; being 85 and the lowest 46. During the month of April

the rainfall reaohrT] three inches and four hundretlths.

Sebna, Ahr The weather haa been warm and dry all

the w(>ek. Average thermometer 68, I,i '' "?. lowent 47.

Rainfall during April two inches and it' r<'<ltlui.

Madison, fLorida.—We liavu hiul no ....... i....iig tho week.The thermometer Iuih averaged 74, the )iighe«t being 90 andthe lowest 33.

Aacon, deorgia.—We have hod no rain during the week.The weather has lieen warm and Buafionuhle. Planting ii

about completed in this neighborhood, and cotton is comingup well. The thermometer has ranged from 43 to 85, aver-aging 03. During the month of April the rainfall reachedthree inches and forty hundreilths. ^Columbus, Oeorgta.--'Wo have luid no niin during the

week. Average thermometer 74, highest 86 and lowest SOiKainfall durug the month of April five inches and two hnn-dredths.flavannah, Georgia .—It has rained on one day, and the

balance of the week has been pleasant. The rainfall reachedeleven hundredths of an inch. The thermometer has averagad69, the highest being 86 and the lowest 49.

Augusta, Georgia.—^The weather has been warm duringthe week, with no rain. Planting is making good prog^reas.The thermometer has ranged from 45 to 88, averaging 68.During the month of April the rainfall reached three inchesand sixty-eight hundredtlis.

Atlanta, Georgia.—It has rained on three days of the week,the rainfall reaching one inch and sixty-two hundredths. Thethe rmometer has averaged 58"4, ranging from 44 to 75.

Charleston, South Carolina.—We have lijul no rain duringthe week. The thermometer has ranged from 47 to 86, aver-aging 68.

Columbia. South Carolina.—We have had no rain daringthe week. The thermometer has averaged 03.

The following st;itement we have also received by telegraph,sho\ving the height of the rivers at the points named at 3 o'clockMay 1, 1884, and May 3, 1883.

New Orleans Below hlKh-water markUemiihU Above low-water mark.HashvUIe Above low-water mark.Shreveport Above low-water mark.Ticksbnre Aliove low-w«tor mark.

May 1. '84. May 3, '08.

Fett. Ineh. Feet. Ineh.I 11 1 230 2 32 101« 11 11 321 1 214.5 » 42 1

New Orleans reported below liigh-water mark of 1871 untilSept. 9, 1874, when the zero of gauge was changed to high-water mark of April 15 and 16, 1874, which is 6-lOths of a footabove 1871. or 16 feet above low-water mark at that point.

India Cotton Movement fkom all Ports. — We havere-arranged our India service so as to make our reports moredetailed and at the same time more accurate. We had foundit impossible to keep out of our figures, as cabled to us for theports other than Bombay, cargoes which proved only to beshipments from one India port to another. The plan nowfollowed relieves us from the danger of this inaccuracy andkeeps the totals correct. We first give the Bombay statementfor the week and year, bringing the figures down to May 1.

BOMBAY KECEIPTS AND gUIPMBN'TS FOR FOUR TEAK«.

lalLt

SMpmentt thxt week.

QrealBrit'fi.

Oonti-neni. Total.

Shipmentf ttnee Jan. 1.

Oreat Oonli-Brilain nenl.

1884 2."j.000 70,000!9.'S,000 308.0001883 ,13.000 iM.OOOlSa.OOOlaS 1,0001882 33.000 10.000|93,000 olS.OOO

Total.

121,0004K1.000310.000

Reeetptt.

ThitI

8ir.etWeek.] Jan.l.

lR8ll'20,0Oo!3r),0O0!.5fi.0OOll.5!».00ol303!0O0

729.000 ila.OOO 9fil,00073S.0O0 79.000 1037.0008'.i8.0O0 72.000 1,066.0004'i2 0001,19 00<i| (>g3 000

According to the foregoing, Bombay appears to show anincrease compared with last year in the week's receipts of14,000 bales, and a.nincrea.ie in shipments of 13,000 bales, andthe sliipments since January 1 show a denrease of 9,000 bales.

The movement at Calcutta, Madras and other India ports fortlie last reported week and since the 1st of January, for twoyears, has been as follows. " Other ports" cover Ceylon, Tuti-corin, Kurrachee and Coconada.

akiptnentt for the week. BhipmetUt tinte January 1.

Qreal Conti- OreatBritain. nent. Total. Britain. Oontinenl. Total.

Oalcutta—1881 4.000 9,000 13.000 82,000 38.000 120.0001883 2,000 2,000 57,700 9,000 t;6,700

Madras—1881 ...... 12.500 4.eoo 17,1001883...... 4,500 1,000 0,600

AU others—1884 13,500 3.000 lri.500

1883 4,000 2,000 6,000

Total all—1881 4,000 9,000 13,000 108,000 45.600 153,6001883 2.000 .a.ooo 6«.200 12.000 78.200

The above totals for the week show tliat the movement fromthe ports other than Bombay is 11,000 bales more than sameweek last year. For the whole of India, therefore, the total

sliipments since January 1, 1884, and for the correspondingperiods of the two previous years, are as follows:

KXFOKTS TO Kl'ItOrE FROM ALL INDIA.

SMvmeJittto aU Europe

fn>m—

1881. 1883. 1883.

TM*week.

Sine*Jan. 1.

Thitweek.

aineeJan. 1.

Thisweek. j^;^

BombayAll other ports.

95.00013,000

108.000

729.000153,600

83.0002,00u

738.0007B,-.J00

93.0002,000

(2i,000131.200

Total 8S2.60II 8.5.000 Rlfi.-JOO 9S.0O0 9si;.20

Page 34: May 3, 1884, Vol. 38, No. 984 - FRASER · ft THECHRONICLE. fvoL.xxxvin. WOVldQU%XCh^UQZ. Drexel,Morgan&Co., WAIiliSTREET, CORNEROFBROAD,NEWYORK. Drexel&Co., (Drexel.Harjes&Co NoMSouthThirdStreet

546 THE CHRONICLE. [7oL. xxxvin.

This last statement affords a very interesting comparison of

the total movement for the three years at all India ports.

Alexandria Receipts and Shipments.—Through arrange-

ments vsre have made with Messrs. Da vies, Benaclii & Co., of

Liverpool and Alexandi-ia, we now receive a weekly cable of

the movements of cotton at Ale.^;andria, Egypt. The following

are the receipts and shipments for tlie past week and for the

corresponding week of the previous two years.

1883-34. 1882-83. 1881-32. 1880-81. 1879-80. 1878-79.

Alexandria. Egypt,April 30.

Receipts loantars*)—This week

Since aept. 1

1883-84.

2,0002,624,000

1882-83.

4,0002,237,000

1881-82

Goro2,815,720

Exports (l)ales)—ToLiveriioollo Continent ...

Total Europe.

Thisweek.

SinceSept. 1.

3,0001,000

4,000

241,000122,000

3<J3,000|

TMsweek.

2.0001,0(10

3,000

SinceSept. 1.

225,00080,000

305,000

ThUweek.

SinceSept. 1

2.000 235,7003,0C0 166.871

5,000|102,571

A caotar is 98 lbs.

This statement shows that the receipts for the week ending

April 30 were 2,000 cantars and the shipments to all Europe

4,000 bales.

Manchester Market.—Our report received from Manchester

to-night states tliat the market is easy at a fractional decline.

We give the prices of to-day below, and leave previous weeks'

prices for comparison.

Feb 29Mch. 7" 14" 21" 2*^

Apr. 4" 11" 18' Ui

May 2

1884.

32< Cop.Twist.

a.

81a ®8>a '3

8>a «

858 ®8% ®

8''8 ®8''8 "a

4.9999i«

Oki"4

9''io '^

»38 59=8 5

9H lbs.

SKirtings.

A. s.

7 ®7613377 ®77 ®7712 979^141710isa711 ®7Ili2ai71U12»7

2l2

2's?ia2'«313441s551s51a

Oott'nMid.Upils

d.

S's515,(

ei«

C"l9BI463,g6l8

1883.

32( Oop.Iwisl.

SH lbs.

Shirtings.

d. d. 8. d.8I2 « 91415 108^8 a 91415 10•<38 ® 9145 98% ® 914-5 9838 ® 9i4l-'> 987„® 9145 98'io» 9145 9Sia ® 9I4 5 9SI9 ® 9% S 989iGai 91215 10

®7®7®7«797®7©7®7®7®7

d3333II3

OotlnMia.TTpMs

A.

59l8

558

59ieII3 59iaII3; 5=83

I568

3 5i>8

412 5%

Total 4,713,319

Percentage of total

port reo'pts May 2

.

Overland Cotton Movement for April.—In our editorial

columns we give the statement of the overland movement for

Ai>ril.

New York Cotton Exchange.—The price of seats hasbeen further advanced. There was a sale this week at §3,500,

another at $3,600 and still anotlier at $3,700, and more is nowdcniandef'. Tl"e rules respecting contracts of print cloth are

neauly completed, and it will now rest with tlie Board of Mana-gers to sanction tiie addition of sales and purchases of this im-

Eortaut article to the regular business of the Exchange, whicli

as hitherto been solely confined to cotton. There can be nodoubt as to the Committee's recommendation being adopted.

Jdte Butts, Bagging, &c.—There has been a moderate de-

mand for bagging ^ince our last, i nd prices are steady. Theorders are for small parcels, but in t!ie aggregate considerable

stock is being worked off. For large lots the demand con-tinues absent, buyers not caring to lay in future supplies. Themarket closes with sellers quoting 9i^c. for 1% lbs., 10c. for

1% lbs., lO^^'c. for 2 lbs. and 11 lie. for standard grades. Buttshave been taken to some extent, and prices are steady. Forpaper grades the figures are 2i4@2i^c., and 3?s'@2%c. for bag-ging qualities. The transactions for the past month aggregate'2.5,010 bales spot an'l ti arrive at 2)4'@2^c., and the supplyhtre 2nd iiflo.it is 228,211 bales.

Comparative Port Receipts and Daily Crop Movement.—A comparison of the port movement by weeks is not accurate,aa the weeks in different years do not end on the same day ofthe month. We have consequently added to our other standingtables a daily and monthly statement, that the reader mayconstantly have before him the data for seeing the exact relative

movement for tlie years named. The movement each monthsince September 1, 1883, has been as follows.

XonthlyBtceipta.

Bept'mb'rOctober.

.

Bovemb'rDeoemb'rJannaiy .

February.

Uarob.April ..

Totalyear! 4,706,373

Perc'tage of tot. ponreoelpts April 30.

Tear Beginning September 1.

1883

343.8121,046.002

1,030.380

1,059,653

487,72f

385,93324l,.il4

111,755

1882.

326,656980.584

1,094.697

1,112..536

752,827595,59-

482.772284,51!>

5,630.189

93-53

1881.

429,777S53,10.T

974,01M

, 996,807487,727391,992

257,099117,595

4,438,235

94-02

1880.

458,478968,318

1,006,501

1,020,802

571,701

572,72 «

470,58'J

284,216

5,359.356

9l 23

1879.

333,64R

888,492942,272956,464647,140447,91P

264,913

158,025

1,638.867

92-74

1878.

IThis statement shows that the receipts since Sept. 1 up to

to-night are now 929,03.) bales less than they were to the sameday of the month in 1883 and 263,787 bales more tlian they wereto the same day of the month in 1883. We add to the tablethe percentages of total port receipts which had been received

to May 2 in each of the years named.

Shipping News.—Tlie exports of cotton from the UnitedStates the past week, as per latest mail returns, have reached31,154 bales. So far as the Southern ports are concerned, theseare the same exports reported by telegrajjli, and published inthe Chronicle last Friday. With regard to New York weinclude the manifests of all vessels cleared up to Thursdaynight of this week.

Total bales.New York—To Liverpool, per steamers Anrania, 839 City of

Clicster, 218....nerscli(l, 13 1,070To Hull, 1 er litearner G.ilileo, 600 6C0To Havre, per atearaor 8t. Laurent, 109 109To Bremen, per steiimera Douau, 79 Eider, 40 119To ( oiieiiliagei., pee steamer Island, 30) 300

New Okleans—To Liverp<iol, per steamers Alice, C?4Author, 2,726 Emlliaiio, 1.335 Hugo, 5,560 10,255

To Havre, per steamer Gracia, 2,549 2,549Ta Barcelona, per steamers Ciirlstobal Colon, 2,421 Vldal

Sala. 803... per barks Amaz.ne, 1,000 Sinirise, 1,000.. 5,224To Malaga, per steamer Cluistobal Colon, 2,000 2,000To Genoa, per bavk Ukraine, 615 645To Vera Cruz, per steamer City of Mexico, 887 887

GAI.VE8TOS—To Vera ' 'ruz, per steamer Whitney, 481 481Baltimore—To Liverpool, per steamers Circassian, 1,328

Oraumore, 1,431 2,759E^itADELPHiA—To Liverpool, per steamers British Crown, 2,400

....Indiana. 1,706 4,106To Antwerp, per steamer Vaderland, 50 50

Total. = 31,154

The particulars of these slupments, arranged in our usualform, ai'e as follows:

.Brtrce-

Liver- Bre- Ant- lona A Verapool. Havre. men. wci'p. Mataga.Oenoa. Cruz.1,070 109 119

10,255 2,549 7,224 645 887481

2,7594,106 50

288,848689,264

779.237893,664618,727

566,824303,955167,459

4,307,978

96-86

This statement shows that up to April 30 the receipts at theports this year were 921,316 bales less than in 1882-83, and268,638 bales more than at the same time in 1881-83. By addingto the above totals to Ajjr. 30 the daily receipts since that time,•we shall be able to reach an exact comparison of the movementfor the different years.

Total.2,193

21.S60481

2,7594,156

New York.N. Orleaus.Galveston..Baltimore..PUladelp'a

Total... 18,190 2.658 119 50 7,224 645 1,368 31,151

Included in the above total from Ne-w York are 600 bales to Hull and300 bales to Copenhagen.

Below we add the clearances this week of vessels carryingcotton from United States ports, bringing our data down tothe latest datee:

Nkw Orleans—For Ltverpt ol—April 25—Steamers Haytien, 3,964:.West luilian, LO'-O.

For Brotiieu-April 25—Steamer Blagdon, 3,92.5.SAVANNAi!—l"'orLivenieo!—April 2.3—Bark Boroma. 1,093.BObTOJI-For Llverpoiil— j^iirll 23—Ste.mur Kansas. (iC6 April 25

Sieamer (Catalonia, 100 April i:t— ijteam^r Venetian, 537.Baltimork—For I..iverpool- April 28—itjamer Nova Scotiau, 819..... Anrll 29—Steamer Alicia, i;i6.

F "r Bremen-Aiiril 24—.Steamer Braunschwei.g, 1.377 April 25

St-amer WcfCi-. H'>(> April 26—Steamer Holieustauffon, 930.Philao Li'iiix -For Liverpool—April 25—Steamer British Prince, 2,142

A:)i-ll 2: —steamer Illinois, 1,109.

Below we give all news received 1 3 date of disasters to vessels

carrying cotton from United States ports, &c,

;

Page 35: May 3, 1884, Vol. 38, No. 984 - FRASER · ft THECHRONICLE. fvoL.xxxvin. WOVldQU%XCh^UQZ. Drexel,Morgan&Co., WAIiliSTREET, CORNEROFBROAD,NEWYORK. Drexel&Co., (Drexel.Harjes&Co NoMSouthThirdStreet

li

Ma^ THE CURONKJLE. 547MAli!<Kii.i.h, Kii i>iii«r (Fr.i, l>i furr rp|i«rto<l, fri>m Nt>w Orlcnni fur Ilnvro'

ut HtM'iiitiilii, wii-H iu<4towliiK i>iii't nf (MrK<) iiiifl biif(Klug (likiiiuuudKI'hIii April Jl. Wiiiilil pruliulily hhII May 1.

AsUNA, Klilp. (Kr.), TIkiiiiuk, friiiii Nrw Urionn* for Liverpool, waart loa<lliiK viirKU ut iitriiiiulit April 21.

Cotton freights tho pnat week liavo boon ns fuIIowB:

Satur. Hon. Tut$. Wadnei. l%ur«. «^.

UTBrpool.ateamd. »»»• »!«.• "sa* »33* »3»' Sjj,.

Do aalL-.d. .... .... .... ..->

Havre, team....e. *B' V *»• »»• ag. ^Do aaU c. * ...• >>•• • -• .... ..,

Bremen, steam, .e. V V 3»' »«• «B VDo gall «. -» .*•• .... • ••a ..*•

HuuburK, steam. e. »l»* »li.' •la* »ie' "le* »IS*Do aU...e. • >-•

Amst'd'm, steam.e. ISj,. 13,j« 1»M* "sa' "sa* "sa*Do 8aU...e. .... .... .... .... ..•

Boval, steam «. '»• W la' ha- ''sa* 'sa*Do saU e. .... .... .«.. .... ---.

Barcelona.etcam.e. V "8* »8' V «8' VOeuoB, steam e. V H' V V >«• VTrieste, steam ...e. »*• V •a* V V ia«

Antveri<, steam, .e. »,.• "u' ».«• OlS* »u* »,a''* Oompreaaed.

LiVKRPOOL.—By cable from Liverpool, we have the followingstatement of the week's sales, stocks, &c,, at that port. Weadd previous weeks for comparison.

Bales of the week bales.Of which exporters took ....Of which speoulatora took..

Bales AmericanActual exportForwarded ,.

Total stock -EstimatedOf which American—Estlm'd

Total import of the weekOf whton American

Amoant afloatOf which American

Apnl 10

0^,000ICOOO8.800

39.0006,800

13.0001,049.000782.00(>. 52.00<i23.00C

248,000121,000

April 18

.IH.OOO11,1003,f,00

31,0001,900

11,0001,051,000. 7911,000

60.00042,000

215.0001 10,000

Ajiril 25

51,0006..50(

3,500S.i.OOO1,200

13,4001.063,000785,00075.00039,000

212,00083,000

May 2

52,0005,200l.tiJO

40,00013,00013,700

1,019,000757,00058,00020,000

214,00084,000

The tone of the Liverpool market for spots and futures eachday of tlie week ending May 2, and the daily closing pricesof spot cotton, have been as follows:

Spot. Saturday

Market,12:30P.M.

Mid Upl'dsUid.Orl'ns

BalesBpeo.&exp.

luturet,

Market12:30p,

Market,5 p.m.

''\

Dull.

6,000500

Dulland

easier.

Steady.

Monday.

DuU.

63,,6»18

lO.OOO1,000

Dulland

easier.

Steady.

Tuaday.

Dulland

easier.

6,0005,000

Dullbut

steady.

Barelysteady.

Wedne».

Steady.

6H6«4

8.0001.000

Easy.

Thursd'y.

Steady.

6I4

12,0001,000

Steady.

Friday.

Steady.

6J96>4

12,0001,000

Steadier.

Steady.

The opening, highest, lowest and closing prices of futures atLiverpool for each day of the week are given below. Theseprices are on the basis of Uplands, Low Middling clause, unlessotherwise stated.

iSTTheprieesari given in pence and GUha, Ihue: 5 62 meant 5 62-e4d.

,

and 6 03 means U 3-64<<.

Sar., Apr. 26. Mon*, Apr. '.2S. Toes., Apr. 39.

Open aigli Low. Clot. Open

d.

Low.

d.

act.

A.

Op«n

d.

Bigh

d.

Low.

d.

Clo:

i. d. d. d. dApril till 811 611 eii 6 10 610 8 10 6 10 609 6 06 BOB oroAprU-May.. a lb 811 9 10 811 010 610 6 09 810 600 8 09 BOU BOBMay.Jane . «11 612 611 618 811 611 610 611 eof, 8 09 flOO 809June-Jnly.. 6 18 6 IB 618 6 16 6 13 6 IS 6 15 6 15 14 8 14 8 13 BI3July.AuK... (J 21 8 21 6 20 1 8 21 8 SO 6 20 8 20 8 20 6 19 8 19 8 IS 6 1.^

AOK-Sopt. 8Sl]825i621 823 8 21 6 24 8S;4 8 24 6 23 e:3 6 22 8i3September.. 627 8 27 887 887 8 28 6 86 6 28 esH 6 25 8 23 8 24 8 24Bept..0ct... a-M 612 6 22 6 82 8 22 6 2a 6 20 680 810 819 6 IJ 618Oot.-Nov_.. .... .... 6 08 6 08 6 08 8»RNot.- Dec.. em 6 08 606 6ce 6 05 605 805 6nsDec.-Ian.... .... .... ••. *•*. .«.

jBn.-reb.... .... .... .... .... .... .... .... .... .... ••• ... ....

\Wednes., Apr. 30. Thnrs., 3Iny 1. Frt., May ti.

Open

a.

Lovi.

d.

Clot.

*i

Open

d. d.

Lmp.

d.

CUh.

d.

Op«n

d.

Bigh Low.

a. d.

aot.

d. d.

Aprtl 808 6 04 808 608; ....

April-May.. 8 07 6 03 606 608 6 08 6 08 6 08 6 08 609 6 0916 0» 6 09

May.June.. 8 07 608 807 608, 6C7 600 8 07 809 6r8 609 607 8C9Jcce.Jnly.. 811 13 611 6121 818 614 8 12 614 613 614 8 12 814Jnly-AUK... 8 18 6 17 6 16 816| 817 810 817 616 6 lb 618 8:h 8 19Ani(.-aept.. 820 621 6 20 620

;

6 81 62S 6 21 6 23 6 31 6 84 B2I 6 24Sei)tember.. 8 24 6 £4 6 23 8 23

;

6 24 689 6 24 6 25 6 24 8 25 8 21 8 838ert.-0ct... 817 8 18 6 17 617 8 18 820 818 -8 20 6 18 8 20 6 19 880Oct.-NOT... 807 6 07 6 07 8 07 6 08 810 8 08 6 10 6 08 610 8 09 010NoT.-Dee... 8 04 601 6 04 804 80S 808 60S 608 608 A08 8 06 AOAJDec.-Jan.... .. a... •>. ...

Jan.-Feb ... ... .... .... .... .... ....

BR EADST U FF S.FEIDAT, P. M , .M.iy 'J, 1894.

Flour at one timo showed more activity and ooniiidcrabl*firmness, in Byinpathy with a strong market for wheat, butlatterly tho trade has decreased materially and prices havebecome more or leas depressed. The better gr<vie8 of shippingbrands liave not been at all plentiful, and tho same ia true ofNo. 3 and superfine, but of most descriptions of flour tiie

supply has continued ample. To-day the market was dull andweak.

Wheat has been dull for export, and though at one timothere was a pretty liberal business on speculation, the transac-tions of this nature have latterly shown a falling off. Thoughthere have been occasional rallies, the general coarse of thomarket has been downward. Yesterday, owing to the numberof notices issued for delivery on May contracts, that optiondeclined 2}4<'- There has been less anxiety among the shortsboth here and at the West, and though the quotations herohave latterly shown rather more depression than tliose atChicago, there have been no new failures ; but the financial

irregularities in the case of one bankrupt are alleged to havoreached very grave proportions. Tho weather in the wheatregion is fine, and the foreign markets have within a few daysbecome depressed. To-day there was only a moderate businesseither for export or on speculation, and prices declined afraction. No. 3 red closed at |1 09,'^ in elevator, $1 07»^ forMay, f I 09»^ for June, |1 06J^ for July and |1 Oli^ for Au-gust, showing ^ decline for the weeK of J^c. on the spot and2}^ to 3)^c. for options.

Indian corn has been dull and declining, in sympathy withthe depression in wheat. There is less than the usual specula-tive inter3st in this market At this time of the year. Thegreat drawback is the dulness of the foreign trade. To-daythe market on the spot was steady but quiet; options weredull and slightly lower. No. 3 mixed closed at 6IJ4C. in ele-

vator, 611,^0. for May and June, 62;:£c. for July and 63%c. forAugust, showing a decline for the week of 1 to IJ^c.

Rye and barley have been very quiet. Oats have been onlymoderately active, and prices have followed other cerealsdownward. To-day there was a decline of J^c, attended withsmall transactions. No. 8 mixed closed at 38i^c. for May and37c. for June.

The following are closmg quotations:

No. 2 spring...9 bbl. $2 30

»

No.2wmter 240a300SuperllDe 2 90» 3 50Spring wheat extras.. 3 25 9 4 50minn. clear and stra't 4 253 5 75Winter shlpp'g extras. 3 50 a 3 75Winter clear andstraight 425-a600

Patents, spring 5 233 G 75

Wheat—8prlng,per bush. 80 al 10SpringNo. 2 1 Oo aRed winter. Me. 2 109^8 9....Bed winter 83 8105White »....White No.l a....

Com—West, mixed 55 a>

West. mix. No. 2. ei\aWhite SouthOTD.. 70 ».Yellow Uuiithern »

.

Western white 3.

FLOOR.2 60 Patents, winter $5 30a 6 50

City smpping extras. 5 259Southern bakers- andfamily brands 4 40»

Bouth'u sUp'g extraa 3 50 aBye flour, superfine.. 3 40a 3 60Com meal-Western, Ac 3 00» 3 25-Brandywlne, Ao 3 359 3 4&.

OBAm.Corn—Western Yellow -a

Bye—Western 9State & Canada 74 •

Oats—Mixed ...36 9White 40 9No. 2 mixed 37 9No. 2 white 40789

BarleV -Xo. 1 Canada. 94 »No. 2 Ciknada 89 ® 90State, two-rowed -aState, six-rowed a 80

6262%

GOO5 25

70753a4537 >441

The movement of breadstuffs to market is indicated in thestatements below, prepared by us from the figures of the NetrYork Produce Exchan?;e. We first give the receipts at Westernlake and river ports, arranged so as to present the compara-

tive movement for the week ending April 26 and since Aug. 1

for each of the last three years:

Beetipti al-

Chlcaxo 08,483

Milwaukee.. 83.343

Toledo 1,533

Detroit 1.815

Olereland. .. 8,3lt*

St. Louis .... 81,637

Peoria. 653

Dolnth ——

Tot.wk.'84Same wk. '83

Same wk. '88

JlnooAug.l—1883

188S

1881

Hour. Wheat. Com.

Bt>h.l»eibtiBiuh.eOlhi, Bush.5Hll»

OaU. Bariey. Rye.

BuahJSilbs Buth.4SU)t Buthjeitm

175.811

ia7,KW

143,602

7,043.903

7.370.419

6.057.857

64,283 505.420 706.033 o.<i.o;) 17.4IO

91.803 9,510 SOJIOO 5tl.'.:49 8.8;o

64,011 8t.900 8IJ!16 .'1. (to 60083.874 10.533 26,412 8.31,0

44,7:0 80,000 SO.OOO 10.S35 ..•..•

78,893 179.695 l&l,3a3 I8.1U0 S34»10,063 182.430 894,865 12,700 14.40C

8.986

386.201 938.518 1,3:3.681 175.417 4S,aa«

599,640 1,029.029 1.051.826 149,800 57.803

01)4,018 8,293,4'. I £33,766 196.344 48^443

60.920.099 89,573383 4S.SS8.4S0 10.031,808 •.83t«9065.806.119 71.440,.182 88,995.278 14.8S0.128 8.aau.867

38.630.813 87,0a0,36l 88,618.072 11,343,789 8.4S0.0IS

The exports from the several seaboard ports for the weekending April 30, 1831, are shown in the aoaexed statement:

Page 36: May 3, 1884, Vol. 38, No. 984 - FRASER · ft THECHRONICLE. fvoL.xxxvin. WOVldQU%XCh^UQZ. Drexel,Morgan&Co., WAIiliSTREET, CORNEROFBROAD,NEWYORK. Drexel&Co., (Drexel.Harjes&Co NoMSouthThirdStreet

648 THE CHRONICLE.Exportsfrom—

Hew TortBoston. .

.

Portland

.

Uontreal.Pblladel..Baltlm'reN.Orl'ns

Total w'k

.

B'Die tliD'

1883. .

rvoL. XXXVIII.

Flour.

Bblt.84.0904'j,7912,tl:

d.03i1.948

143.525

102 913

WKeat.

Bunh.810.571393;»i57,070

279500192,836

1,379,309

Corn.

719,72:

937.029 1,33-2.200

Oats.

Biifth.

3,328

125

3.433

1,803

.Bye.

Husk.145,431

4,400

149,?31

108,203

Peat.

Bush.9,207

11.147

20.414

26.200The destination of these ejcports is as below. We add theorrespoadmg period of last year for comparison:

Exportsfor weekto—

Un.Klng.Contin'ntS.&C.AniW. IndieeBrit. Col'sOth.c'nt's

Total...

Flour.

1884.Week,

Apr. 26

Bbls.110,822

2 58411,3(1213.3384,754725

143 525

1883.Week.

Apr. 28.

Bbls.110,»<51

2,81718,13010,79613715

598

Wheat.

1881.Week.

Apr.2S.

Bush.883,281496,08f

162,913 1,373,369

1883.Week,

Apr. 2>i.

Bush.•'i54,4*3379,540

"3,006

937,029

Corn.

1884.Week,

Apr. 26.

Bush.492,738161,53759.2053,9961,0551,196

1883.Week.

Ajn: 28.

Bm.sA.955,783369,793

2,6903.226400

1,300

719,727 1.332,200

By adding this week's movement to our previous totals wehave the followmg statement of exports since ' September 1this season and last season:

'

Wxportt since

Apt. 1, to—

Un. KingdomContinent . .

.

8. ft C.Am...Wnt Indies.

Brit. CornlesOth. oonntr's

Total

138*84.

Sept. Itfl

Apr. 86.

Bbls.

3,419.01K

263.495

490.003

.'i6-,335

885,447

23,450

1882-83.

Sept. 1 to

Apr. 28.

Bbls.

4,6i;.433

385,180

483,051

«26 355

377 979

30,200

Wheat.

1883-84.

Sept. I tn

Apr. 26.

Bush.

18,187,532

11,731,642

1,223

37,385

.8 010

17,587

1S8283,

Sept. 1 tn

Apr. 28.

Bush.80,003.40*

23.15.5.680

104.936

58,550

7.806

203,206

6,118,723 6.550,181 8e,983,.S59 53,533,5'<4 26.953,381 26,315.709

0am.

1883-84.

Sept. 1 tn

Apr. 26.

Bush.

18,774.887

6,389,000

1,260.648

886.C08

U6.403118,935

1882-83.

Sept. 1 UApr. 2-i.

Bush.

21,512,544

4,079.465

258,738

283,513

76,- 38

107,2U

The Visible supply of grain, comprising the stocks in granaryat the principal points of accumulation at lake and seaboardports, and m transit by rail and water, AprU 26, 1884, was asfollows:

Com, Oatt,bush. bush.

093,437 1,493,591

In ttore at—Hew YorkDo afloat (est.)

AlbanjBuflaloCJhloajro .,

Do iifloat

MilwaukeeDuluth

Wheal,biuih.

2,348 03550,00010.000

390,3269.201,292646,939

1,340,7082,731,532

23,00037,400

6,0(10.2 81,574,510

12,330

26.9002401

78(i.806181,613

Si,877

Barley,bush.40,70560.0004,00054.277

120,175

257,875

Rye,bush.

103,057107 00028.0908,471

921.9(947.10017,815

roledo 1,372 537Detroit 280,820Oswejjo 80.000Bt. Lonlg 477,914Cincinnati 85,740BoBtoi (lEth) 214.(33Toronto 187,390Montreal 230,215Fblladelpbla 482,110Peoria 8,187Indianapolis 87,000Kansas City 245,783Balttrnore 961 ,008Down Mississippi,Onrail 913,446Onlake 103,494

7(9.4.1922,46285,000

2,062.18215,912123,229

2;623183,4774S.H8420.400

143.1367.'i9,916

120,076829.016134,487

53,80134,689

297.,55348,037164,495

4;70677.346117,42810.40027,1527.639

116,7504M.689103,833

561.003

118,3645r.,6C410 698

100

33 824

44'f)8311 6(1(1

2.8542,413

53'.27'7 52,796

48079.88613,4.^47,37022,39385,09210,908

Tot. Apr. 26, F4. 22,464.770 13,001.309 4,030.3ir< 810 478 1 n27 351rot. Apr. 19. •(4. 24,479,280 15..5SO,30J 3 7.i9 927 1 037 *82 1 030 .37Tot. Apr. •.'8,'83. 20.7.-1,911 10 894 220 4 4,33 197 98 "695 I G'f'ssOTot Apr. 29.-82. 10,677 543 8 407 247 2 16J 813 609 185 1092 739Tot. Apr. 30, -SI. 18.526.123 13,031,769 3 161 MO 1,176,178 339,5S?

THE DRY GOODS TRADE.Fkidat. p. M„ May 2, 1684.

Business was dull and featureless in the wholesale branchesof the trade the past week, but large quantities of seasonablegoods were doubtless placed in ihe channels of consumptionby retailers throughout the country. The market for staplecotton goods has subsided into a quiet condition, and little if

any improvement was developed in the demard for foreignfabrics, or domestic woolens, at first hands. The jobbingtrade was spasmodic and irregular, moderately active dayshaving alternated with others of conspicuous dulness, and themovement as a whole was light and disappointing. Therewas no great pressure upon the part of agents for domesticmanufacturers to force goods upon unwilling buyers, and thetone of the market was generally steady. Some large lines offoreign hosiery and gloves were however pressed to salethrough the auction rooms, with fairly satisfactory results.Do-iESTic Cotton Goods,—The exports of domestics from

this port for the week were 3,331 packages, including 1,055 toGreat Britain, 419 to Argentine Republic, 377 to Hayti, 370 toBritish East Indies, 236 to United States of Colombia, 228 to

China, 181 to Venezuela, 98 to Brazil, &c. There was a largebusiness in certain makes of cotton flannels for future deliv-ery, but other descriptions of cotton goods were comparativelyquitt in agents' hands and sluggish with jobbers. Prices ruledsteady on all the most desirable plain and cjlored cottons, butthe tfndency toward a general advance has sremingly beenchecked for the present, owing partly to the less buovant con-dition of the staple, but mainly because of the apathy displayedby buyers and their determination to await further develop-ments before beginning operations for the coming season.Fall River manufacturers have voted to curtail production, inthe event of other New England mills doing so, as suggest-ed by the Arkwriglit Club of Boston, but this decision has notimproved print cloths, which ruled quiet and easier, closing at3^c. for 64x64s and 3 1-lCc, for 56x603,. Prints, lawns, ging-hams, &c., were in light and irregular demand, but fairlysteady in price.

Domestic Woolen Goods.—There was a limited call forheavy caasimeres, worsteds and overcoatings by the clothingtrade, and considerable deliveries of these goods were made byagents on account of early orders. Light-weight cassimeresand worsteds were taken in moderate lots by cloth and dry-goods jobbers, but the demand was by no means active, andprices favored the buyers in some instances, Cloakings werein irregular demand, as were ladies' cloths, jersey cloths andstockinettes, but fair sales of popular makes were reported.Satinets continued in steady request, and a fairly active tradewas done in Kentucky jeans and doeskins. Worsteds and all-wool dress goods adapted to the present season ruled quiet infirst hands, but some good orders for cashmeres, beiges, &c,,in fall shades, were placed for future delivery. White flannelswere in fair request, but other descriptions ruled quiet, andbut little inquiry was made for blankets. Hosiery and knitunderwear were lightly dealt in, and carpets were quiet withagents.

Foreign Dry Goods,—The situation in the market for im-ported dry goods was unchanged. The demand at first handswas chiefly confined to a few specialties, and the jobbing tradewas not up to expectations. Prices are without quotablechange, but concessions on fancy fabrics were occasionallyoffered in order to stimulate their sale,

Iinportations of Dry Goods.The importations of dry goods at this port for the week

ending May 1 , 1884, and since January 1, and the same factsfor the corresponding periods of 1883, are as follows:

ma

28>

Oi ! KMjK>

<l toV I V to IC (-' tf^

o: oito cotvOXOcji I & a. I o ^ O' to c*-

00 &}

a w O) O" tt-

QD tt> to in (OOi*qCfcOiK

OtCO

_. jw^

o to -I00 1 <z>:o

CJ'I

OC**-]

Oi ao

lOQDpiQOO

•^ O 0« Ci -q

OSIZP^ !

— . tool MOitOIOrfkOH out -I'jtoaso

©enIF-P

I lobi10 01

I Wj3

*1 « C GOOt- to "-wot4*--JCCQ0O

MU'Vot^.oto Ot I- -q o

I ^co :

QOCOj

I wo '

I

Oibi1

' 00 -1

MtO»- W

^J^ltP'OitOco»-'toc;ici^^toooocc

H W a s

1 \t iPIH

1 ii iiMiiHi mn

*r3 * ' \ \ \ \ \

^00

1^ tC r-*B

01 Cif£> -t^OJOli-'

BD

CO tCif- *> tOOtCOl

*ie*.i M Mcccc Crrfs-OOKO

o pf>-Ot 1 00a N C*; *. »*

N CJia WCDOi'^l §00 CO *^<100^ —X OJ OlC i: ooi^io"

Ktc MM

I>)(>> ^o ^l-"

to- OClfcODX»,to ^m

oa

ffl-1 WtO K)if>>>-01

X or — ifc OOCO-ItO'CJ

o•k COM

v ^ cnto I- M W K- W .

B Oi M*. 10 00 toaw 2eiCk. to to 01W a' o; CO

a to ODOpa K« xco -q o: 1^ to toM

CO «M K-COO-J**c

> CO i" w jto

K o lOOO 1 -.iWMI-fcWB Or- 1 *»*.atojo

oco 1 o:?oto~aw z«3

^ r ' d

2on WW H

aB

•vi OOl Wi^OOOirfku 01 01 tOOl»-OCOD to tocoo tOQO aif^oooiw K

WO) Oifr-t*^WI

to MM^ WW OM CBO' 00 on**. 01 *J

9° 00 COO0C?t MOWOl**-

CO *.«) if*-WW«».yi

lU COMa OS© MMtOMW0> H-^o ootoX wot01 ao

. co-j*.:doo |» 01(0 1 Oi oj a» Oi 01 1

00 ' OOO I OOl-QCDCD (

s" : I 3 • £

g : ; : S

tOOit^OCOI oiwcr. OMI CMCOW'O

lOtOMa «o -J womMj-4Q0_CO*O'OiOct-MWOi*- OiOi01 tt* to 00 01

^CO 01 to wenMoX CO y<O'J-'ODit' 1^

tcyicCCCMtotocnco*-*to>-aD — >OD«ew -^ 10 a 00

01^C<I01toaDco.-rf>.wucooi^

ccft.

UM NOI ci o tc ^rf^'Otl- coiot*^OMtOW

MtOfWtO••tp'Wtfkrf^

**bo to CO<j a 00 tn **Mt-iOtCOrf^

t'=^b0w-t3'-I 3

! »o-jco-Jon '^I >«>oaVic;M |5tOOO^-CJO-l

I rf^OOCOt-'OO I

Ol I Wt^'^-Xj^i

to Wc;<tf»-OS

I

oicwt-tto*I wcocowc;!

t cxxwoi X wif tow

Page 37: May 3, 1884, Vol. 38, No. 984 - FRASER · ft THECHRONICLE. fvoL.xxxvin. WOVldQU%XCh^UQZ. Drexel,Morgan&Co., WAIiliSTREET, CORNEROFBROAD,NEWYORK. Drexel&Co., (Drexel.Harjes&Co NoMSouthThirdStreet

May 3. 1884,JTHE CIIllONK.'LH

IJauli $tatcmcu^.

R^EPOKT'OI- THE tOMUrfoN OF THEMKItCANTlI.i: NATIONAL HANK.

<>f llii> I' IV "f Nnw Yiirk.nt 11" I'lufoof bunluoSB

April 1)1. !>«<

Uwns .ml dUooont.'.

•*'«'-7;'" "2OviTrtniris • • . ,„ 1^. ' '

lllllli.

lire olroalmtlon..onds

r nOtOB.

ndluxoBpnid

.. 4Hl.lr!0 00

.. (M Ml 00

440.<m:ii un12.».'« IH

aon.flou <

3[|anTv statements.

NATIONAL BAM* III TIIK RKIMBI.Mnt Now Vork, lii ilio -

of bualnow Thurxl.tVurk. 1 th« <:luii«

HiinU *tutcmcnt8.

KKIMIHTOFTIIKroX.niTi'lONTIMiNTAi. N»TH»SAl ",?

Now York, at tli>'

I>mn> And t)\i>'

It Ion ...

tUHUttH.

Kt'sh'llii': ">n iuilxl Willi L .S.

'rrfifiutT (5 per cent >f

i'lriirsH ii'itl

Due ii I II c.Trpiuiuroroilin- 1 titin Q por o«nL r«*<I.'iui>n.>ii fund.

'HI

SO^iUO 00

B.OOO 00-S.MI.444 41

ivuii .io;«o,7irf wLIAniLlTlKS.

mpltiil Klook p«ld in **-?S-S!S Xl

I'll"

OS outKtiindtnK .

175,000 00IMMie 24UUH.OUU (Ml

• 153 00

C.TlCli.«l

l)u.Oui'

lis sub-$8,551,177 («

.loposlt.. 4'a 74\'riA~-i 19

.iitsfrtV r..^,:!^'! 141 l>:inks. .I.7i«i,:l-Hi N4.vbkt-rs a.lin.SJl 0»»-8.S«S,n78 08

X„uil .>10.21I0.7!J7 20

State uf New York. ConntT of New York, as :

l.fr'KMi'K lt.S(-llKvrK.''n'«htor<'f thr fihfivf nnrr.eo

bank, do -'''''-

ment la n "'

Uef.tfubscrlbi ,. .

' 'iiiy

of Ap'll. IK'-I. 1 . -V. K. 15UV.1..N.

Corract-AMost: Votary Pulilic. N. Y. Oiunty.HiEANT.)

• uiie..KiBllln "( ollai liuilka

Fracl'l papor our'oy, nlckela « panolaaSp.'dp1,, .

11 .t(»

11, fund with II. 8. Treaa-iit of (.irrulatlon)

liu ;.. ^ . ^. TrcHMuror, olh«r than5 Iter, uuul rodemutliin fund

Total "iarnsiawi*LIABIMTIM. ., .-» ~w. n,.

Capital Btack paid In •'•Sffi'SS Sn^u^plu»fund VSSIS ^

li:i.:

nu. 1

BOO,'111

111.

W.xliv- 11-

61<>.:""i

480,*':u Uj

U.OOO 00

18.000 00

• Fikaand tmnkara ..

jrpi -

UndlTid'ld pr..llHNatl nnl bunk noteB outttAfidlOV|i|vid»fnd« unpaid /••/•*Indlvldiiul (li.p.)8lt»»ub]»cttO0n«*...Deinantl corlitlcalen uf deposit(VrtlHoM chc'cki*

Ca^lil^T's olu'ckft outstandingIluo to c)tlit;r iiatlonul tianki*.

7M,0Nfl 44180.(100 00^..-MH 6<l

8,31II.K37 115

1111,153 40l.Wn.dTIl «

33.1174 7H

i.uu i,o ....... . ......V,..-.877,o;» 81

Due to Stute "uanitii"aod iianiiera 431.7:2 ua

LOk-.i

U«<l' I with U, t). Traaaur>clrcalatloni

l«/iea,74<i fti

101 I 3II '

if-

XiU:

8HO.(iOi> Oil

«»,*inooo

: mi- (10

HO

>!%'>.IHl 00

ft.irsoo

ca outataadlnit

.

38

GKOlKrK II. SKKtiS. .M. MIX,' IKK\,\VM. P. ST. .lOllN,

1" irectors.

KF.P«»KT OF THE V^JNIUTI?.?, OF T»IEI'llKVI.V XATIONAI. BANK, at New

V.Tk. ii[ llie Sl;iti> i J<iW York, at tUe close ofbni<lnos>. April 24, IKSl ;

HKSOrKCKa.I,'.anR and diBCOunis »afi74,45fl ,17

OverdrallB „„, ,'4 ™

v. S. bi lids to secure creulat on SOO.dOO (lO

Ol licr stocks, bondnHOd mortuuKO;... 77..')87 60

Due from other Natioi.al Dunks 18K.U2 211

Due froio t>t»tc btnksi no iianKora

H6(t vl3

R...1I i.s!;iii\ furniture andlixlurc<.... 350.000 0(1

Ciirrcin cxiifiises anil laxes paid—«. 10.437 4.

ITi-n, niuM'nld 8.000 00('h»*i k^ .Hid ether cttsh ItiMUi* 12, 07 5HKxcMii'i.;'!* I'.ir' louring Uonse 8,83s,20rt s7

BlliM.f. liber banks 4«.ilOO 00Knict 'I imper cur'cv, nlckols A pennies. 158 < o

Specie ?S7fi?l!!ilA?irnl toiidernotes 182,li(» 00Kedemplionfundwtth U.'. Treasurer ,„ ,^ „

(5 per cent of circulation) \3am 00

Total W.881,431 84LIABI II IBS.

Capital Slock paid In $1.000,00« (K)

Wnriilvi," lunii 'SJ-iSX SllInillv ili'il prums 82,ti26 1«y,l,'\.l I'.l.L. i.otesoutsta .dln^ 285,.1flO 00

I , C 1,1 •i.TTH mi

ln,i sitssubj-ctlo Che k.. 2.40!),5»i0 9n

Ijeii :ite^ of deposit 11,0^4 7K

Cert lli.l .nil Ks. .:..:. 2.1S7,0X«5-1

rashler'B oli_'i';s outstandlnB L*®'1?U ,1?Due to otber .N'atioi 111 lUiKS ''s''''-S SiDue to Stale bjnks and bacikers. 5-,'(« 7M

Total 16,831,431 84

State of New Y'ork, Cnuntv of Now Yirk.M:) KtU'NK lil-TIl-H, Pe.Hldcnt. of th nbove-

natned bank, do so.einnly awo^r that Ihi- abovestKlcracnl Is true, lo'hRb si ol my knowledce andbelief. 1-UGENE DUIJI.ll. Pr. Mdan'.Subs ribPd and eworn to before nie ilil- Siiih any

of April. 18W. ELUAH H. KIKK".Correct -Attest : Notary l»ublic.

.lOiVATlIAN THORNK. JR../DA.MKIi C. BACON. V Uirectors.I^ltAKL 0HR8K. )

l>EI'<mT OF THF. CONIHTIOX "F THF.RfOI KTH NATIONAI, HANK OK THKCITY 111-' .NKVV YiiKK.iil .Mew Yor». In (he --lae

of New York, at tne dose of business Apr-i 24. 1884:

UK.10UUCC8.., M/K.. »«

lioans and discounts »'8**5S^i ?!OverdraftaUS l,iini1i«li.i»ecureelrculatlon

oi her .111 icka, bon'ls and niurtitaies.

.

Due Iriun other natiinal banksDuefriiui Statt* banks and bankers...Ueale^lale. furniture and flxtures...

Cuirent expenses and taxes paidI'renil iiins paidChecks and other cash itemsKxehuiiifes for Clearing HouseBills 1 If other banks .../— --*--- *- nil

Total ., ..^-»(>.112.!»* 1»

State of New York. > ountr of New York. »:

IB II Pii.i.KN. (ashler of the above-namedbank, do soleniniyswear that the above atatemeni

is true, to the best of"'>;5'^",';;'[r(|ff,,'V?^.''c;!l,';,',pr.

Subscribed and sworn to before loe this 21l'h da.

of Aoril 1884 JAM -a Al.Mll.Of April, 1B«.Notary Public. Kinus C. .

Correct—Attest : CerliBeute fllad in N.Y. i:o.

O. B CAKHAKT. /

8i;,MNEU R. 8 ro MS. ( Directors.W. K. SOUTTEU. 1

RKPORT OF THE CONDITION OF THEMAIUNK XATIOXAU HANK at the City

a d In the State of New York, at the close or busi-

ness, April 24. 1884:UKSOfBCES.

t,<ians and discounts ,

OverdraftsU. S. bonds lo secure circulation—Other Blocks, bmiils ami niortmwea.Hue from other niitiulial banksDue from State banks and bankersIteiil est-iie. furmtuiv ami tlxtures

Curr- nt expenses and tuxes p id...' beeks aim i .t Iter cash iieni-

KxchaiiBea for Clearing HouseUills of other banks........Kract'l paper cur'cy, nickels » penni «. *",*!,

Specie l.Ml.id/

i.,eaal-tendernotes.Itederaption fund with V. S. Treasur-er (5 per cent of circulation)

Total T7.!»».426 11

LIABILITIBS. ..mnmni,Capital atock paid In •iSSffiS ffiSurplus fund 285.001) 00

tiiidi vided proflts • .

\. I inul Bank notes umtandlug,Dividends unpaid. V-- ..

Individual deposits subject to check.

Total 418,071,048 06

Capital .toek paid In - fl.nm.nn 00Sun.. VHUn.li

Nat:DIviDe|i

Nil-8(111'

Cei-tiIli:ateMAeeeixiinees. . ..

Cashler'SiOhocks

TotiU »1S,071,043 06

State of New York, (^.unty of New Vorli.M; •

- - •" Cn-lilei- 'if the above-'iveind

iiinkera..

[ dopoail.

8.» '.Ol* (lU

»,1H8,7HM 18l,Oi n.I)ti« 47 _«83.oo» eu~ijmsn m

8.M»,7M 7844 08

»4.202.i<.t5 73401 87

300.000 00l.s,5!0(l 0(1

100.182 73624 87

201,215 75I.OIH) »a

S8,»47 II893.375 0117.3H7 004.647 24

• 77a8.,«30 00

13,500 00

Kagii II C T«YI,iinamed bank, do solemstiitement Is true. I" dbelief. KUi:ii r

Subscribed and sworn l^. i u»yof A nnl 18S4_ -li'lN *.(Ult*i,Correct- ,\ttest : Notary Public, New Tor* Co.

VVIM.IA.VI D. MOKGAN, ,

WILMA.M TURNIiCl.l.. > DIreciora.K.DMIINII I). IIA vIMIM'H.'

4B.BU8 SO8110,(100 (111

SOH 105,8X1.5(13 11

i lemand certificates of depoaltdJS'o ,o L«

Certincdcheck.s '"^Ksi SVCa.-h e.'s oieoks outst .i d ng..... o„So 7!Due to other national banks.....;

fS'lllS IttDue to Stale banks and bankers 1B5 ,1I42 ao

Total.. »7.2fi9.425 HState of New York, County of New York, «a

;

1 liiH- 11. Kisil. Ca.shler of. the above-namedbank, do solemnly swear that the above sliitement

1. true, to the best of'-y^\^;^^''-tSil!'al^Lr.

Subscribed and sworn to before me this 2yth day

o' Aoril 1884. HEB51AX K. BTi-KKT,

"clr^'i-Attest =^^^^N.aar, Public King- Co.

CAKSTBM SIEl'CK,> Directors.J A.VIES D. KISH, )

BANK. a( New Y<irk, in the .State of New )/».»>tlie close of business on the 24 h day of Aprl'. 1884

:

UESOUKCKtt. , ^Loans an,l discount. ..tU.t30.0j5 85

ao.ooo 001lr2.440 53

1,218,185 1)8

253.C1OO 85a40.i-Cfl 81(I8.2H1 11

604.287 748,860.573 87

168.311 001.2e« 510 001.050,000 00

78,000 00

Verd ru ft .« • . ••

U s bds. to secure circuiat'n (par ra..)

other Slocks, bonds and mortgages ...

Due from .ither national banks... ...

Due from Si ate and private banks andbankers

i^C'HI Hftl^'tC**-'-*' •• •••••Current expenaea and laxes paid ,. ..

1 heeKs and other cash ItemsExchanges for Clearing HouseBillsof tlier banks

Legal -teeder notes l--"V^"J.Due from U. S. Treiisurer. other thiin

5 percent redeoipiion fund

T tj,|i20.l8l.OCO 18

LiABIUTira. .;„«,nnnnnCapital stock paid in *?-CSS'SSs SoSurplus fund i-^™l 52Undivided proats •.-.•.".•"«"Mrtte biinK eireulatlun OUtStaudlng.,Dlvid.nds uoiaid •••••

Indivl ual depiis'ts subject to cneckI lemand cert itlCiites of deposit("Certified ciie-k- _...

i*'iivi'iirA t»Due to other national banks..... 2,().^3.0jo (K

Due to State and. private banks and „^ ^, „bankers 9.VM.V** on

f ,,j,»20.101.00» 18

Slate of NeW York. City and (onnty «' ^«".\;'^V,.S;I. DCMONT Cl.AKKE. Caahlcr of H'" An «-u»f

Exehanue iNalionnI Hank of the city of >e» >o'^»-

do s.'lemniy swear that the above »|atement is

true, to thebestof u^y^nowl-^ge^jml^fj^j^^

Sworn t'

of May, 1884

:I4I,5.')7 00(S.S113 007,;-otii 00

7.57",W0S 314 4 7>S 71

l.sr.M.HlS :

Fract'l papor cur'cy. nickels & penniesSpe<:leI.egiil lender notes. .......— •••U < ctts. of deposit for legal tendersRedemption fnnd with U.S. Treasurerl5 per cent of circulation).

,608 714(10,000 00138.810 85

l.lWi.285 7414.2.Sa 65

ono.ooo UOllO.llSO 71

S.IKKi 0(1

7.1 '53 5111,004.713 51

211,000 003i8 71

3,159.895 00l.lfl7."M 00

40.000 00

18,000 on

Total »»J,a04,S!4j 80

CapiUi stock paid In.'.*"'!"."!"'". ^'^-^ iSaiiro'tis fond ftio.uoo lai

J;' mt'e's outstanding 380.000 00

n'l ,iid 18.147 I'i

,:.l ,i;h siil.jeet to check.. l3,7o0.aH7 8«

Ileui.sit- '11: 1 • 0JiO.8S8 50

».6fl1.783 VB792.349 90

REPORT OF THE OONIHTION OF THEB\"k V.F NEW YOKK, NAMO.vaL

BANKl (i *S-(iriiV I'lN, a' .New Yo k, in the

Stale of New York, at thecloseof business 00 the

24lh day of April, 1884:

KESOtmCKS,Loans and discounts »8,798,1(.0 08

overdrafts ;.;•U s. bonds to secure circulation... .

1 ithor slocks, bonds and murtgages.

.

Due from other national banks.... ..

Due frmu i.tber banks and UfUlkers.

Heal est

<i and subscribed before me this 2d day

L884. ^> Itness my hand and olarla s al.

-Attest

:

JOSIAH M. FISKE. /

K KDKIVI'iKBIJ.MNGS.y

A. K. UOIOKIIS.Notary Public.

W. BAYARli (XTTINIJ.

BtiscclUincows.

1.506 7i

600.000 000.000 0(1

318.7(111 93• 152.874 5.)

2.')0.00(l (HI

,s for Clearing House*-!»?i-5"'

['"

22 722,1I0'>.I7« 00W40,:.00 Om

22,900 00

i.kors..

Timeeerlltt«:ai.Duetouther n 1

Due til state baoRs ii

r|.,,,^l »3».»04,849 08

Stateof New York, Countyof NewToNi,»»;I UKXllv Bt'OKH(>rT,Oaahl.-rof thoaoove-nsmed

bank (io sidemnly swear that the above statement

is true, to the best of my kn.iwleilge iincj belief.

llKNltY BIICKHdl I'. ( a-hler.

Subscribed to and sworn before me. this 30th dayof A or 1 1 1884. D. U. FANSIXd.Cor?Mt--Attest

:

No' ary Public,correct avvb.^ ^ BALDWIN, )

JOHNH, J ENNIta. 5 Directors.& A. KJWT, S

Kxchange: _ _

Bills of other banks •^-, i

Kract 1 paper currency, nickels* centsSpecie -J

I.egal tender note* .•;••,-.;

Redenipti n fun > with U. s. Treasurer(Sper tent of circulation)

q-Otgl....|!9,P9I,4»1 06

LIABtLTTiaa. „ „„ „.^

capital stock paid in•*'',??,'gSo 00

Surplus fnnd .Ml.lKKl uo

Undivided profits .""•J!"-National b:ink niites outstanding .,,,

fl'.T,'!! i subioot'to ohecit

Ih",,, -s of deposit

Duo til other nulionai balikB .,..

Due to other banks aod bankers

750,000 00».8,238 65450,000 0011,548 111

8,82«.I71 0841.388 01

3,S87.tf51 538,081,112 <V>

1,218,04; 4>

OFFICECARPETS.

HOUSBKBBPKHSKICKS take notice.

AND OCCUPANTS OK OF-

L}n^de\.rOi!.Siith^or»K£4^5^KMlaflt Carpet Store. 114

Chaanest "lae- I" V"' > '

Total«19.034.4J4 Od

Itate of New Y'ork. County of New York. »s:State 01

J,"^^,,^. j,a,hi,-rof the Bank of New York.

NiVtli'i'n'arBankng Assoelati'm, do sidcmniy swear

that the above sTatemoni is true, t.) the best of myknowledge and belief. K. S. MASON, fas ier.

of^"A''p'r';l"'u2^*"''

"""''uA'k'S.'.v ""olh^ifs."

"""

?-o™ei-AttSit Notarv Public. New York Co.Correct-Attcai^.^^ leveUICU.)

OUAS. M. FRY, > Directors.

H. B. LAIDLAW. 1

CARPEfS,OIL CLOTHS. MATTINGS. LINOLEUM. ETC.

Office /«nd Ship FurnUhlim SpeciallyDealred.

THEO. W. BAII.EY * CO.,

ail & 873 Canal Street, New York.

Near Broadway t through Ui 31 Howard 8u)

'^ ESTABLISHKD 18S5.

KCGENE K. COLE, Successor to

Sears & Cole,STATIONER AND PKINTBR,

Supplies Banks. Bankers. Stock Br.>ker» and Cor-

norajlons with complete oututs of Account Books

'°^'New"!i[.ncem» organising will have thalr oc4era promptly executed.

So. 1 WILLilABI STREET.(HANOTKH SaVARB.)

Page 38: May 3, 1884, Vol. 38, No. 984 - FRASER · ft THECHRONICLE. fvoL.xxxvin. WOVldQU%XCh^UQZ. Drexel,Morgan&Co., WAIiliSTREET, CORNEROFBROAD,NEWYORK. Drexel&Co., (Drexel.Harjes&Co NoMSouthThirdStreet

VIU THE CHRONICLKi?liiauctal Companies,BO.\DS OF SrRETVSilllP.

The American Suety CoNo 160 Broadivay, New York,

Casli Capita], $500,000Will iic-t us surety for OBicera iifiti Emplaj-ees ofBanks. Kailways Kxpress a. il Teletr aph Cunjpanies

;orporiitlo 9 and Business Houses, and will guaran-tee the fidelity ot person- holding pusltions of tiustI his f ompany w II also act as su- ety on Honds re-

?',rH,'n° S'" .2'""'',''''i""'"'

"f Administrators,Guurdians, Sherifl'and undertpkinns

iTiU'A!? ?'''• ,""''.°I''yH"">P""5' "reaniied In themiretyship * """""d etolusively to the business of

OFFICEBS:RICHARD A. ELMER, President,LVMAN W. BRIGGS, Vice-President.

^vnst a^ampnntcs.

[Vol. rxXVlIi.

The Union Trust Co.,611 and 813 chestnut strket,

piiii.ai>ie:£,phia.\ uthorized Capital1 'aid-up Capital

Charter Perpetual"' linist

. $1,000,000500,000

Nos. 2U & yi« BHOADWAT. NKW YORK.niss^vSnl^i.^'i"""'

""!'ro''<ls and Kxpress Compa-nles. Manaeers, Secretaries, and Clerks of Public Com.panles, InSitutionsand Commercial lirms,^" ohSSl. BONDS OP SUKKTVSHIP

fronj tnis ';omu«nr , uoderala oharKes.ine bonds of this Company are accepted l.oourtBof the State .if New Vork.»™epi.en i

CASUAI.XV DEPARTItlBINT.tMunS'S? \*.™'"' "WMlnst accidents ohusIqk death o.totally disablinir injuries.

"» «w»i.u o

«k'."'""'maliou nt, to details, rates. *i-. un.i i,

ROB'T J. HILLAS-Ass't Secretary""" ''

<«, f u DIRECtoRS:

jVT.^Str:;^;;k-an.^-.'A.''H"rX:,, ^.''^"'^ff'K^lTA. o. ..,.,1 J;" VBrmll.e. 8. B. ( hitfen.iei.Uw) -. I'nB. H„. M. Richards.

Acts as Executor, Administrator. Asslenee Re-mTtee ^T'i'".?- i^""--"«5'.

Agent. Truste?;nd'Com-

"ppolnteeconnection with an maividual

.»™y''.„H'"-'''^'"°'P''"l'Prty,; collects and remits in-

f„n. . 'S^H "^P'™? l"''>'»P<ly. and ..ischarKCs taith-

in'l'e.,0'">fs of every trust known to the law.

Company ^^ separate from those of the

Burjlar-Proof Safes and Boxes (hayinft chrome?.»' 1"^'^^ '" ;«",' " *•'"' "• '"O per annum, iS thS?new and elejfant chrome steel.

Plre aMd Burgrlar-Proor Vaults,protected by Improved innu locks.VV t i fa irtt^t^ In ir....tJ.. ...9.1- . . . A .1

luBtirance.

OFFICE OF THE

NO OTBER BUSINESS.

The Guarantee Co.OF NORTH AMEKIOA.

Os-n Capital Komm.Cash Assets •..•;.

^S'^JlDeposit With Insurxn.-e nnDartment..'.'.'.'.'.;.'.' gu.'m,

SIR. If K'i"®-?' h . . . „ Vloe- President

:

Bin. ALKX. T. Gau. Hon. Ja.S. FERRIEk.Manatrtng Director: MkwarI) Rawi.inqs.

NEW VoKK Oli'FICE:No. 178 KHOADWAV.

D. J. TO.MPKINS, Secretary.

Hopkins. H. Victor .Newcomb. jTihn Paton. bnri. irirr„no«,Ertw. K. Winslr.w. Kn.,.„~ W,w!r^

MAIVH.*TTAi¥Safe Deposit& Storage C ;(

346 A; 318 BROADWAY,Cor. ol Leonard street. a kw i uKs

Safes to rent fr,)iii §10 to $200 per year.AND CAN BK RENTED KOR A

DAY, WEEK OR ITIONI H.

^ ,1.... ." "' uupiovco I one locks.> H ills kept in Vaults wllhout charget„^?" h"" '"'''"';• ''''"" '""' all valuables securelykept, undeigimrantee. at moderate charges

°"-'"''"

tar trusts and other approved securities lor saleoney received on deposit at interest .^

^^iitH^ni/l'^^-i^, Jil-'J-''^;."-'*'Ct.V.MER. V.-Pres-UMAUl.ON b. ST' Ik K-. Treasurer & Secretary

D. H. PATTERSON, Trust DfflcSr

w'hIJ'J'9Th"''^o •?,'!"''"'"i?".-

*'*"«' S. Clllett, Allt8..nWhite, thaa. P. Turner. M.D..Wili„mS I'rice.John

v^""/"*' i°'i.^- ?«"'*'• ''•'OS- R- 1-atton, W. J.Nead^ Jas. S Martin. D. Hayes Ag ew, Si. D..H. H. Houston. Johii C. ..eading, Thcodor C.Engpl. Jacob Naylor Samuel Riddle. Robert Pat-terson. I'Hir.ADELPinAi (icorge \v. Reilv M Difil'Viw''^'"" = A- ^^''^H'".?

Africa. HfNTIMino.N:"HiesterClymer, Henry S.E.kert, Reading: Kdm.indb. Doty, .MIFFI.INTOWV

; R. K. Mo. Hjhda WKStCHE.STEB; W. W. H. Davis. DOVLEST^ «^" Chas WCooper. A I.LENTUW.V. .

V Mill., n

The Brooklyn Trusi < -oCor.ofMontiigue4Cllntor.su. BrooUvn. N y.

This Company is authorited by special charter to"? i"f

'f^e'ver, trustee, guardian, execuco, or ad-

It can act as agent in the sale or managemer,. ofreal estjitH collect Interest or dividends, recuveregistry and transfer b.w.ks.or make parcnase and<ale of Government and other securitiesReligious and charit*ble Institutions, and pers.nsinaceustomed t... the tr^nsartion of business, .illonu this (.onipaiiv n sHie and convenient depositor,or money Rli'LEV ROPES, President.

'^"°"'"'-

KlxiljM) VV.' OKi.lKS. Vice-Pres'tTKUSTKE8-

l"T g*"^ ^S,','"--iVslah O. 1.0W. Henry k.Sheldon.

N V '5S°""""'-. V''- M<^< «e John T. Martli.II K. Pierrepont. A. A. Low. Kdm'd W Corlin,Vlej

. .M. w h Ite. M ich I Chaunc-ey . fYed. Croin wel iHenry Sanger. C.D.Wood, Wm. H. Male.., ,._ Ripley Ropes.

I AS. a. CVHUAS. Secretary

ATLANTICMutual Insurance Co.

NEW YORK, January 24. 1884.The Trustees. In coufoiuiity to the darter of

the Company, submit the following Statementof its affairs on the 31st December, 1883;Premiums ou Marii e Risks froml8t January, 1 883, to 3 1 st De-cember, 1883 $4,168,953 10

Premiums on Policies not market!off ist January, 1883 1,539.232 53

Total Marine Premiimis $5,708,185 63

Premiums marked off from 1stJanuary, 1883, to 31stDecem-'*>"'' '8^3 $4,260,428 93

'gvnst ©Dittpauics.

United States Trust CoOF .VK'V TilKK.

No. 49 WACL, .STKEEr.

suJ?.Uli« *- " - *.?,ooo,ooosurpluH, - - - . . . 3,518,036This company Is a legal depository for moneys paid

re^c"e.°vrr'Jfrs?a^Is.'""''"'^^'''" ^' " «-XK

INTBRK.sT ALLOWKD ON DEPOSIT.Swhich may be made at any time, and withdrawn aftei?h^Srf ':?""<;'J'"''"^'"

be entitled to Interest fSJ

P,^p;;l?i'""'i''?'',",""'""""ain with the companyExecutors, administrators, or trustees of estatBaand females unaccustomed to the transaction Sfbul?:

^m-^.^lt'^ religious and benevolent institution,

SU:" ^'•'^joV/T ST"k™wTii¥;v?isrj;r'"'

r/i'^i^s^^^^fsU-iS'^Ti'Ts:,

Dan. H. Arnold, Jam.;H Low iS n rh<»tan.i»»Thomas Slocomb.W. W. Pheips Tohn h .<^,?,''°'

Charles E. Bill, D. Wlliis James. Anson P Stokes'

WmUMa'cv"'- 'lohn i' ^f"^- ''"b? B M^ntun.!T.™ " ;\'.a.<=y'

i'V^",/- ^'B'vart. (Jeo. H. Warren

THEPrc^vidcntLih &TrustCo

OF PHILAOKI.PIIIA.Incorporated Third Mo., 22d, 1865.(CHARTER PEKPETU >L.)

OAPITAI. »1,000,000ASSET« gl4,5§:{,44'l S3.

<4^'uK'\*^„JlUV*-S. ORANT ANNDITIES. RK-CEIVE V.ONUn CN DEPOSIT, returnable on de-nial d, orr.n which Interest is al.owed. an,l areeinpow.?,™i',i'' S.V'l',';!

as K.VECI-TORS.ADMINISTKA-?.;>if,i.i.'.I'

;*"•'''*• 'IIAKDIANS. ASSIGNKK-^h'i-J^.'iVf'-''''*'.

"KCElVEltS. AGENTS etc., foi^the faithfMl performance of whlcii their capita andsurplus fund furnish ample security."^P'^ai and

o„'^ 'I!"/""''',a'"' nivestmonts are kept separateand apart, from I he assets of the company""Paraie

„„!.„?„ iS""™."."?' Paf'fS residing abroad carefullycohecled and duly remitted

S,^J?.''i,i'-f^HU'l-I^V, President.

T.j\^ 'i*';^,".."""^^''^'- Vice-President.ASA s. WIi\(;. Vice-President and Actuary.

Losses paid during the samel*orloA $1,901,042 38

Returns of Premiums and Ex-Venaea $850,080 76

The Company has the following Assets, viz.:United States a. d State of NewYork Stock. City, Bank andother Stocks $8,666 95 00

U)aus secured by Stocks andotherwise i.gsg, qo 00

Real Estate and Claims due theCmnpany, estimated at 425, 00 00

Premium Nofes and BiUs Ee-<=elva.)le i^ggg, eg 79

Cash lu Bank 335,/10 68

Amount.. $12,97 .312 47

Jusiivauce.

Clinton Gilbert,Daniel D. Lord.

;S..M.Hucklngham'U. K. Lawrence.

George T. Adee. Ismic N. Phelps° 'Sloan. Erastus Corniiig i.,nwar<

P,?.?.^^>';;':'!i'.{'ABLL':'8ecretary.; He

Samuel Sloan,' Erastiis ConilJrgHKNRYL. THOKNBLir'oecrBiarv

LOUIS G. HAMPTON.'issSSt'?ecret»r,

George Bliss.WilllHtii LibheyJohn C. Brown,Kdwjtrd Cooper.

Metropolitan Trust Co.,Mills B.iilrtiug, 35 Wall St., New York.

1>AID UP CAriTAI., «l,000,0OODesignated as a legal l)epo»l?o?y &y on?er of s..preme Court. Receive deposits of lionly onlnSfres^act as fiscal or transfer agent, or trustee for 1.7r™i'-ens and accept and exeout^ iiyK trasu ?^persons or c.jr|.o,ati,.,„ .,n as f^vo'^able w-fJ^S'•thersimllarcompanies. iBr-vi" »,

THOMAS IIII.LUOITSk' PresKi..FREDERIC D. TAPPBN vJci rn^ri.,WALTKB J. BIUTTIN. S^ta^"""'

The United States Life

Insurance Co.IN THE CITY OF NEW YOKK,

• (ORGANIZED IN 1850.)

261, 262 & 263 Broadway, New York.T. H. BROSNAN. President.

;. P. KRALEIGH, Sec'y. A. WUEELIVIUGHT, Ass't See(iKO. H. BuUFOttI), Actuary.

By an act of the Legislature of ths State this Com-nany's charter was so amended in 18S2 that hereafterill the profits shall belong to the policy-holders ei-i-lusively.

All Policies henceforth Issued are incontestablelor any cause after three years.Death Clai.s paid at once as soon as satisfactory

proofs are received at the Homo Office.Absolute security, combined with the largest liber-

ality, assures the popularity and success of this Co.All forma of Tontine Policies Issued.Comparison of Bijsikess for Two Years.

New Insurance Wr.tten. . . .»2 fidO.oob 00 »5 281 uoo 00Insurance in force in.TDoiooooo is„H(«!;a» lioAssets..., (5 I ifi f5l4 46 5'*(W'212dSI'uyments to policy-holders 40«;67»4a 'hi'.im'^Increase in new business written In 1883 over 1882

87 per cent.'

na'iv°?ri^?„1»TS' ?«>">'>« to represent the Com-pany. are invited to address J s OAPwirvSapertntendwt of Agen<aM. at UomeOmii. "^ '

SIX PER CENT INTEREST on the outstand-lug certificates of pioflts will be paid to the hold-ers thereof, or their legal representatives, onand after Tuesday, the Fifth of February next.

THE OUTSTANDING CERTIFICATES ofthe Issue of 1879 w 11 be redeemed and paid tothe holders theieof, or their legal repjescuta-tlves, on and after Tuesday, tlie Fifth of February next, from which date all interest thereonwill cease. The certiiicates to be produced atthe time of payment and canceled.

A DIVIDEND OP FORTY PER CENT is

declared ou the net earned premiums of theCompany, for thte year ending 31st December,1883, for which certifleates will be issued onand after Tuesday, the Sixth of May next.

By order of the Board,

J. H. CHAPltlAN, Secretary.

TKCSTEES.J. D. Jones,

Charles Dennis,W. H. H. Moore.Charles H. Russell,

James Low,David Lane,Oordon W. Burnhaiu.A. A. Raven,Wm. Sturgis,

Beuiamin H. Field,

Josiaii O. Low,William E. Dodge.Royal Phelps,

C. A. Hand,John D. Hewlett,William H. Wehb,Charles P. burdett.

Horace Gray,Edmund W. Corlies,

Adolph Lemoyne,Robt. B. Mlnturn,Charles H. Marshall,John Elliott,

James G. De F .rest,

Charles D. Leverich,William Bryce,William H. Fogg,Thomas B. Codrtlngtou,Horace K. Thiirber,

William Degroot,John L. Ktker,N. Denton Smith,George Bliss,

William H. Maoy.

JOHN D. JONES, President.

CHARLES DENNIS, Vice-President.

W. H, H, MOORE, 2d Vice-President

A. A. RAVEN, 3d Vioe-Pregldent

Page 39: May 3, 1884, Vol. 38, No. 984 - FRASER · ft THECHRONICLE. fvoL.xxxvin. WOVldQU%XCh^UQZ. Drexel,Morgan&Co., WAIiliSTREET, CORNEROFBROAD,NEWYORK. Drexel&Co., (Drexel.Harjes&Co NoMSouthThirdStreet

Mat 8, ltW4 J

Instirauce.

IHARINK AND INLAND INSVRANOB

COMMERCIAL MUTUALINMHUANCK <;OnPANY,

87 A 80 WII.r.lAM BTKKKT. NKW YOKK.

United Statpn Swill ln..« ..'. tSU.liXt Oil

Rjuik Hl.u'k-ir Nin- York nir Hnnk>.... 11«,4% noCIlyiiK ' kH luul UoiuU, liOuns

iiii.l - «88.a07 16l*n>lr ' ;l«h I'lolllluntB, lletn-auruL.t .1 .rrlulnm 7 n,ItB8 06

Total AmoU, Januiirr 1. 1884 ITaQ.OWroOW. lltVlNCt > OMKS. Pr«ald«nt.

IICNHV l>. Kino. Hec. Wainwhiuht Hakdik V.-P.

li^ Thin (Nunpuny Iswih^h ('«)rtuli*4itt«i'f Insumooe,UiMvspaTiiiild In LONDON, at Its Hankers, Mwara.BROWN. 811

1

fLBY ft TO.

MUTUAL LIFEINSUKANCE CO. OF NEW YOKK.

P. S. WINSTON, Pr«8ident.

ISSUES ETFltY IfESClllPTloy OF

L1FE& END WMEN T POL.ICIES

Rates Lower than other Companies.

ORGANIZKD APKIL U. 1842.

Assets, - - 1^101,148,248 25

Direct Line to France.

GENERAL TRANSATLANTIC CO.

S«twe«u NEW VOKK and HAVKB,Krvini Kter itiew)4S Nortb Klver (oot of Morton St.

Travelcn' hy this line avoid both intiisit by EngiUhllutlway und tbe <1l80oiiifort« of orosntnti tbo ChannelIn M tiniMlI h"iit.

t'ANADA. Keraabioc Wed., May 7. 3 P.M.A.MKItiui K. SanlGlll Wed., May 14.8 a.M'MiK.MANDIK. KraDKiiel Wed.. May 21.2P.M.t'uKK ut I'ASSAOM—(Inoludtngwlne): To Uuvre-

FlrHt oubln.tlOO and $80: seoond cabin, |«0: steer-lUfe, (2H- ineiiidintc wine, beddInK and utenBlia. Ke*tarn tickets at very reduced rates, ('becks on BanqiieTninsatlantlque. liavre and Paris, in amounts to salt.

Special Tralu f>oni Havre to Parla.The i'oni|>aifii)e (Jeiierale Transathintlqne delivers

at its ofllee In New Vork .^|>e<Tlal tmln tickets fromHavre to Paris. BiiKKa^fo checked through to Pariswithout exutiiiriation at il:ivrB. provided passengershave the sanu' delivered !it the Company's Dock InNew Vork. Pier 4:^ North Kiver. fftol of Morton St.at lea«t two hours before the departure of a steamer

LOCJ18 OE BKBIAN, Aseul,

guUUcatljous.

Financial Review.(ANNUAL.)

1884.A YEAR BOOK

OF

FINANCIAL INFORMATIONFOE

Bankers,Stock Brokers,

Merchants,Investors.

Pricff ol (li« Keview, bouod In cloth, - 8'^ UUT. Chronicle !<abM:riben> (one copy onljr) 1 OUPaMue (when M>nt by Mall) .... lu

WILLlAiTl B. DAKA A. CO..

PDBLIBHER8,19 A 81 WUUam Ktreet, New York.

THK CHUONICLR IX

<^omuicvclal i^aviU.

BrinckerhofF, Turner

& Co.,Manufnctnrara and DMl.nla

COTTON SAILDUCKAnd all klnda of

COTTON CANVAS, KKI.TINO niJCK. OAKOOVKRINO. UAO(iINU, KAVKNS IXJCK, KAll.

TWINBH, 4c., "ONTARIO" HKAMI.KMHBA08, "AVVNINO BTKlPBti. '

AImo, Airenta

VNITKD NTATKfl BVNTINO CO.A full lapply, all VVIdlliii and Culoni. alwayi In •took

No. 109 Dnana Street.

SAMUEL BUDD.Fine Custom Shins our Specially

t)ver Twenty Years' experience war

rants the assertion that our Dress

Shirts are unequaled for style, appear-

*iice and workmanship. We guar

itiitee lu all cases a perfect fit.

SAnUEL. BUDO,Broad tray & 24th Street, New York

Joy, Lincoln & Motley,HrccKasoKs to

E. K. inVDUK, 8AWYEK dc CO.,48 A is WHITE STKEIT, 16 CHACNCXT STRBIT.

NKW YORK. BOSTON.AOINT8 irUU

•tcean TIIIIk Co., Atlaiitle Cotton ITIIU.,Pfrabody .TIIIIm, Clil('o»e«* inrjr. Co..Ilvrtoii NewiMIIlM, White JlHa. c...

Har.itOKa Victory Kllk. Co.,Hoalery and Yarn I*lll>

Bliss, Fabyap &Co.,New York, Boston, Philadelphia,

SKLUNG AOKNTS KOK I.KAUINO BRANDSBROIVN d: BLEACHED SHIRTINGk

AND KIIKETI^IOS,PRINTS, DENIMS, TICKS, DUCKS, *«.

Towel., <tuUta,White Ciood. &. Hosier)Drills, Skeetingt, *c, for Sxport Trade.

BAGGING.tVAKRESI, JONES Ac OKATZ.

8T. LOUIS, Mo.Miuinfactaren* Ajienta forth, aal. of Jut. BtucRlna.

liiroRTSBs or

IRON COTTON TIES.

Bullard & Wheeler,119 niAIDEN I.ANB,

NKW rORK.BAGGING AND IRON TIES,

(FOR BALINO COTTON.)AjcwitA for the foUowtnK brandti of Jnte KmcRlnK,

*B««l«MUl»,""Bro<iklj'n(lty.""(leorirta,""Carollna,"'N.Tlna O," "Union Star," "8alem."''llorloon Mllta,''JaiMy Mllla" and "DoTer Mills."

IMPORTKRH OK IKON TIMS.

L. Everingham & Co.,(KsUbllshod 1865.)

oonmssioiv kiebchants,125 L.a Salle Street,

(ADJOININO CUAMBKR OK (X)UMERCB},CHICAUO.

THE PURCHASE AND 8ALK OFGRAIN AND PROVISIONS,

on the dilca^o Buard of Trade, for cash or futuredelWerr, a specialty.

Special Information, Indicating course of markeu,£:eely furnished upon reguesu

JOSEPH CI LLOTTSSTEEL PENS

SatoBy ALL DEALERSTHfKjuoflourTHEWORLDiCOLO MEDAL PARIS EXPOSITION^IBja.

4(^0110 ti.

Robert TannahillSc Co.,

Cuttnn CommlxHlon .HerrhMiitii.

Urn. tf1 (Has. ttireet. MEW y«

atteatlonjrlT.n to th. p*reli.w.aad sw. .for. Cnntraers.

t. b. Jemison 6c Co.,B A N K B H H

AHO

COTTON COMinSSION MKR(;HANT»

No. 10 Old Slip, New York.

Jemison, tiroce 4k C«., UalvestoD. Tei»-

Rountree & Co.,COMMISSION MEKCII %N i !«.

NO. VZ O LU 8 1, I H,

NEW YOKK.AND 1.0RK0L.K, VA.

|y Speclul attention kIvbh i^. the eji«Nnjtlon ntorders f<ir the purchase und sale of Co«t4fn. iirmnand I'niTlslonn for future (iMllirery Utieral H<<Tiine»Oiade on_c«>nslirnni<-nts.

Kenry M. iabcrCcCo.,141 PEAKI. ST., NEW VWMK.

Advances made on Consliniinenta of Cotton. Cob-ract« for Future Delivery of Cotton bouiibt and• Id nn oomm salon.

Tuttle 6c Wakefield,COTTON

And Ueneral ('omiiiixsinn Merchants,84 Beaver St., New York.

Liberal advances made on cotton oonslioiaieata.Special attention ulven to orders for contracts for'nlnre delivery of cotton.

B. F. BABCOCK&CO.COMMISSION MKRCHANT8.

IT Water Ntreet, LIVEBPOOL,.Keoeive constKnments uf t'otton and other Prodnoe,Mid execute orders at the UxchunKes In Llrerpuul.Kepresented In Seir Vork at the otbce of

BABCOCK BKOTUKRS A CO.,

BO WALL STUcrr.

JNO. W. TCLLIS. H. LAMPLBT.

Jno. W. Tullis & Co.,COTTON BUYEK8,

EUrAIII.*. 4l,ABAlHfA.

F. Hoffmann,COTTON BROKBB AND AGKNT.

88 RTE DK V\ ROtTUSB. HAVHR

WALTER & KROHN^COTTON BROKERS,

S8 REAVER 8TBEET. NEW VORK

<scu. Copciand & c>o.,

COTTOn BROKr.KS

l36 PEARL HTREKT. NFW vo.*.-

Waldron & Tainter,COTTON MERCHANTS,

97 PEARI. STBEET.

JUMN M. CL.ISM1 A. «;o.,

CXfTTOH BUYERU,mOMTtiloniKllV, AL.A.

Wm. Felix Alexander,COTTON BROKER,

AUGUSTA, GEORGIA.Entire attention Klvon to purchase of CoTToN

TO ORDBB for SPlNNRlLt and K.>lH«RTKIt,«.

COBKE-IHEKKKENCeS.—

N

Henry Heitti A V "

York: William B. liiinii .\ i •-. I'rKi.rn-nT-* i ommi,k-riAL Si Flna.ncial Cukonicle, and utbw .New Yorkilouaos.

Page 40: May 3, 1884, Vol. 38, No. 984 - FRASER · ft THECHRONICLE. fvoL.xxxvin. WOVldQU%XCh^UQZ. Drexel,Morgan&Co., WAIiliSTREET, CORNEROFBROAD,NEWYORK. Drexel&Co., (Drexel.Harjes&Co NoMSouthThirdStreet

THE CHRONICLE. piAT 3, 1884

amotion.

Woodwafd & Stillman,MERCHAJ^TS.

Post Knildiug, IB & 8 Exchange Place

NEVr VORK.

IIAN9 ,<1ADB ON ACCBPTABLK SBCUHtTlBS.

rioMk Advayica Made an 0'>ns%ir>iTnent».

IPICtAlj ATTBNTON TO ORDERS FOR OONTBACTB

rOR FUT0K DKLIVERy OP COTTOV

AiTTON, AIL SRADBS, SOITABLB TO WANT8OF SPINNERS.

OFFERED ON TERMS TO SrIT.

LIHMAN, ABRAHAM Jk CO„ JjBHMAN. DURRJiOuNew Orleans, La. MontKomery, Ala.

LEHMAN BRO'S,

Cotton FactorANIi

<;o,ni»rissioN .nKiiCHAW-r**,

No. 40 ESCHANWB PLACK.

tlBMBERS OF THK OOTTOS, 00 1FEB AH hPROUUCE EXCUASaE>..

Ul'-TOW.V OFFICE, NO. a04 ' HURCH STREET,

Ne» \«rh.Orders executed at one Cutton UzcllaaKe^ in New

York and Liverpool and advances luade on Cottunand rtther produce conslirned to us. or to our corre-

spondent In Liverpool. Mesitrs. B. Newgass jc Co.,

and Messrs. L. Rosenheim & 8oDS.

Waurkn Ewsm.Jr. luux M. Bwi;.N.

Ewen Brothers,

COTTON BKOKER^Nos. 31 &. 33 Broad street,

NEW YORK.

\kawtA.YVi O. HOPKINS. Lcrcnra Hupilimb bmituPHA RI.IM D. MILLER.

Hopkins, Dwight & Co.,

C O T T O Rl

COMMISSION MERCHANTS,No. 134 PEAKL. STRBKT,

MEW YOBK.

OttUCBil FOR PUTCRR CONTRACTS BXBOtmD l^Wicw York and tilvgHpnat.

Yielding cc Lrwynii,

COTTON FACTOK8

Ain>

COMMISSION MERCHANTSI« dk 18 Excliansw Plaoe.

Post Botldimq. NKW YOaK

John C. Graham & Co.,BANKERS

AND

COTTON COMMISSION MERCHANTS,

No. 18 'WllUam Street, New YorR.

8BLMA, ALA.! MONTGOMERY, ALA.

Buyers of Cotton for a Commission. Orders for Pn

tare Contracts executed In New York and Liverpool

Gwathmey &.Bloss,conmssioN merchants.

No. 123 PEARL ST., NEW YORK.Orders for future delivery of Cotton executed tr

Haw York and Liverpool ; also for Grain and Pr^rtalons In New York.

Farrar & Jones,132 PBARE. STREET, NEW YORK.Liberal advances made on cotton ocnslgnmenta

Special attention Ktvon to orders for contracteforfuture delivery of c<)tton.

EVRE, FARRAR & PRICE,NORFOLK. VA.

H. Tileston & Co.,COTTON^ STOCKS, BONDS, d:e.,

» WILLIAM STRKKT, NEW YORK.O dan la " Faiam" eMonted at N.Y.Cotton

CfJottuti.

INMAN,SWANN&C(^

COTTON MERCHANTS.

New Yorlt.

Henry Hentz & Co.,COMMISSION MERCHANTS.

8 Sontb ISriuiam St., New York.BXECUTE ORDERS FOR FUTURE DBLIVURY

COTTONat the NEW YORK, LIVERPOOL AND NEW OHLEANS COTTON EXCHANGES. Also orders for

COFFEEat the NEW YORK COFFEE EXCHANGE.

CORRKSPONBENTS

:

Messrs. James t^iay i, Co.. Liverpool. London ancb iHsirow.Messm. f^mltta, Edwards A Co.. Cotton Broken

Hverpoul.Messrs. Finlay, Mulr it Co.. Calcutta and Bombay.Messrs. Samuel H, Buck & Co.. New Orleans.

ALFRED VON GUNDELL. Charles Mayhofp

von Gundell & Mayhoff,COTION BROKERS,

.Vo8. 2 & 4 8 roNE STREET, NEW YORK.

VON OUNDEEE Sc IIAYUOFF,COTTON BUYERS,

ntEmPHIS, TENN.li.MOHR. U. W.aANKllA.NN. OLEMSNe 1 1<^C1IU

iVlohr, Hanemann & Co.,

1 2S PEARL ST., 1 86 CRAVIBR ST..

New York. New Orleans, L«.

iPBOIAL ATTENTION GiVBN TO THB £XEOtmi»

OF ORDERS FOR FUTURE CONTRACTS.

E. A. Kent & Co.,coheriission hiercbeants

(JRAIN, PROVISIONS AND COTTON.

WELLES BUILDING, 5 BEAVER STREET,

Jiwt York.POOLE, KENT *C0„ K. A. KENT * CO.,

CHICAGO. ST. L0UI8.

Sawyer, Wallace & Co.,COMMISSION MERCHANTS,

No. 18 BROADTTAY.Utberal advances made on cotton conslsnmenta

4DeoUU attention fflven to orders for contracts fof

^rnn. delivery of cotton in New York and LlvemoA'

William H, Beede & Co.COTTON BROKERS,

No 114 PEARL STREET.Sped&l attention (dven to orders for the bnylns

.nd selllntiof Cotton P(»r Future i>bi.ivkby.

Dennis Perkins & Co.,COTTON BROKERS,

laS Pearl Street, Newr York.Orders for Spot Cotton and Futures promptl

executed.

To Rent.

CALICO PRINT WORKS.Or will be RENTED either for YARN. WARP

CAMBRIC or other Dyeing Purposes.

Address " GERMANTOWN."r. O. Drawer 1592, Fblladelphla, Fa.

C!i;jott0ti.

Kdward H. Coates& Co.StroCESSORS TO

CLAQHORN HERRING * CO.

OTTON COMMISSION MERCHANITS,No. lie CHESTNUT STREET,

PHILADELPHIA.

James F. Wenman & Co.,COTTON BROKERS,

No. 113 PEARL STREET, N. Y.Established (in Tontine Building) 1840.

iSnstiraucc.

HOMEInsurance Company

OF NEW^ YORK.OFFICE 119 BROADWAY.

CASH CAPITAL t,S,000,000 00Reserve for Unearned Premiums 2,497.034 00Reserve for Unpaid Losses and Claims. 827.KT7 04NetSurplus I,007.ii40 07

Cash Assets, Jan. 1, 1.S84 $7,492,751

CHAS. J. jnARTIN, Prcaldeut.jr. H. WASHBl'RN, Secretary.

ifiTNAInsurance Company

OF HARTFORD.Art«et8 Januaiy 1, 1884 $V), 192,643 80liabilities for uupald losses

aud re-Insurance fund 1,923,185 9&Capital 4.000,000 00

NET SURPLUS $3,269,457 86

No. 3 Cortlantit St., New Vork.JAS. A. ALEXANDER, Aeent.

North British

& Mercantile Ins. Co.Of

LONDON AND EDINBVROH.United States Board of Management,

NEW YORK:SOLON HUMPHRKTS. Ch'r'u, (E. D. Morgan & Co.)David Dows, Esq. (David Dows & Co.)E. P. Fabbki, Esq. Drexel, Morgan & Co.)Hon. 8. B. ChittendenEzra White, Esq.J J. AsrpR, Esq.

CHAS. E. WHITE, SAM. P. BLASDENMANAQBRS

Office, 54 WllUam St., New York.

Lyommerctal

LJnion Ins,Ca(OF LOXliON.)

ALFRED PELL,Resident Manager.

No. 4.6 Pine Street

G. Schroeder & Co.,SUCCESSORS TO

1>VARE & SCHROEDER,OOTTON COMMISSION MERCHANTS.

POST BUILDINO,16 & 18 Exchange Place, New Tork.

Special attention paid to the execution of orders

for the purchase or sale of contracts for future de-livery of cotton. Liberal advances made on con-signments.