february 15, 1890, vol. 50, no. 1286 - fraser | … hunt'smerchants'magazine....
TRANSCRIPT
xmtkHUNT'S MERCHANTS' MAGAZINE.
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES
VOL. 50. SATURDAY, FEBRUARY 15. 1890. NO. 1,286.
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wn.LiAM B DANA. ^'''^"''''A'' "• »ANA & Co., PubligherB,JOHN G FLOYD ^ 1*>* William street, IVEW YORK.JOHN G. FLOYD. ^ p QFFICE BoX 958
CLEARING HOUSE RETURNS.The following table, made up by telegraph, etc. (as fully
explained on this page in our issue of October 26 and previousnumbers), indicates that the total bank clearings of all theclearing houses of the United States for the week ending to.
day, February 15, have been $1,098,845,759 against |1,180,-
194,041, last week and $1,101,855,987 the corresponding weeklast year.
CLEABIXOS.JUtuma hy Ttlt^apK
New YorkBostonPbUadelphlaBaltimoreChicago .. ,..,..,...,.
St. LouisNew Orleans
Seven cities, 6 days
.
Other cities, 5 days
Total all cities, 6 days..AU cities, Iday
Total all cities for week..
Wetk Ending February 15.
1890.
»56i),861,767
79,633,697
54.350,144
11,033,061!
52.415.000
19,380,052
9,955,052
«797.534,764114,017,284
'6011,552,018
187,21)3,711
1889.
$583,108,635
76,005.734
62,246,496
10,193,497
61,294,000
15,842,247
9,997,160
$798.69:^,759
09,483,287
$89S, 156,046
203,699,921
tl,098,845,769I $1,101,855,967
Per Cent.
-2-3
+i-9
-KO-fl7-0
+2-2
-t-22-4
-0-4
-01-)-14-6
-H-5-80
The full details of clearings for the week covered by theabove statement will be given next Saturday. We cannot, orcourse, furnish them to-day, bank clearings being made up bythe various clearing houses at noon on Saturday, and hence in
the above the last twenty-four hours of the week have to bein all cases estimated, as we go to press Friday night. Beloware our usual detailed figures for the previous week, that is
covering the returns for the period ending with Saturdaynoon February 8, with the comparative totals in 1889.
The aggregate for all the cities, as will be seen by the sub-joined table, exhibits a gain over the precedingweek of fifteenmillions of dollars. At New York, however, there is a loss ofnearly nine millions, but this is mainly ascribable to the less-
ened volume of speculative transactions. The increase out-
side of this city is shared in by all the various sections, butmost largely by New England and the Middle Western.
Instituting comparison with the corresponding week a yearago, we find that the excess at New York is only 1 per cent, aresult due to the decreased transactions in stocks in the cur-rent year. The total for all other cities records a gain of lO'O
per cent, and aside from Los Angeles and Topeka there are noimportant losses. In fact many cities exhibit heavy percent-ages of increase, Fort Worth leading in this respect with 200per cent, followed by Sioux City, 87-3; Lexington, 84-4;
Tacoma. 66-2; Dallas, 62-9; Washington, 53-7; Denver, 43-T;
New Bedford, 41-4, and Louisville, 40-2 per cent.
New YorkSales oS~iStockt sharea^^
iOotton halea.,
iQrain buahele.)
IPetToUvm iitte.)
BostonI'rovidenco....Hnrtfordw.New Haven....BpriDKdeldworceaterPortlandLowellNew Bedford..
Total New England.
PhiladelphiaPlttsburKBaltimoreWashingtonWilmtngton, Del.SyracuseBuffalo'
Total Middle.
ChicagoCincinnatiMtlwaulcee....DetroitClevelandColumbusIndianapolis...PeoriaGrand Rapids.
Total Middle Western
San Francisco..Los Angeles ...
TacomaPortland*Seattle*
Total Pacific.
Kansas City..Minneapolis..St. PaulOmahaDenver
,
Duluth,
St. Joseph....WichitaBioux City....Des Moines..LincolnTopeka
Total Other Western..
St. LouisNew Orleans...LouisvilleMemphis. ......Richmond
,
GalvestonDallasFort Worth...NorfolkLexingtonNashville'Birminaham*..Chattanooga*..
Total Southern
Total all
Outside New York ....
Week Endino Februarys.
784.148.157
(L.I-T.ICO)( <i7».600)
(28,0»il,162)
(i.eoa,ouo)
98.7H8.1796,187.7002,»27.a241,412.3401,215,77»l,07.',fi58
78»,I0«4dH,18S
112,447,006
7I,7U,£4»14,691,07015.850,4611.646,180SI2.7H817,103
4,784,480
105,320,853
67.172.20112,216.0006,, 00,3405,030.0;e4.4.33,8642,6»o,8002,395,208i,e48,sie634,501
748,,Im. 268
11.835.824)1 623.800)
(27,03I.a«5)(8,048,000)
92,136.3246,126,9008,102,787i.s;o,62il,3:i2,720tl8H.80104H.572810.239381,030
106,046.003
66,977.17411,412,08612.6^8,7531,070.032S60,8»3606,047
P. Cmt,
Week Bnd'o Feb. I.
102,336.806
14,028,671862,581600,1X10
1,161,8741,>)3S,831
16,179,262
0,216,3858.870,5654,171.9284,444,7824,042,6432,148,1741,641,018712,082788,978689,873648,831832,980
33,287,208
22,852.24818,291.17910,U5.7103.663,4831,868,3291,857,7011,140,2641,600.000891,306417,562
8,843.6041,184.248571,689
67,478,770
1,180,194,041
42(UI»75584
93.546.664
60,814,00411.204.4505,222.1094.538.4733.294.8702,001,4671,797.2641,635,803678,813
00,938,248
14.171,17081>«.600! 00,820
15,200,400
9,070.3403,172.7148.265.9343.743.1268,4b7,«688,315,164l,33ii,s57719.055421.133544,7'i8479,744413,249
88,915,762
19,»48.61014,430.0287,233,9003,330,8478,114.3481347.982700.000500,000
1,006,488286,396
-HO(-86 0)1+29-5)1+3WI
(-41-7)
-I-7-2
-rsi-8-8•f9 2
4-28-8
t2l'2-h41-4
-i-70
+71+28-7+248-H>3*-6-6+17-3
+18-6
+108+0-0+16-8-I-IIO
-h84-7-f3S-3-t-o-s--6-8
+12-6
-10-20-3
-0-7
+1-8+22-0+27-7-I- 18-7
-K3-7-7-8
+16-8-10+87-3-(-»-6
+14-4—10-4
-hll-7
+18-0—7-9
-I-40-2+6-7-12-2-t-sr»-wa-o+8000—11-4+ 84-4
+14-4
H-4Tloo
1£90.
762,,925,',785
(1,881337)(870.900)
(31,764,8001(6,210.000)
04.86.'<.588
4,737.7001,678,8311,108.8881.174,0341,080,2571,048.487666.318448,292
P.Otm*.
106,782,120
80.109,29718.704,72815,024,6241,352,808783,297581,011
5.014,436
100,648,769
68.204.00012.149.2006,491.3474,488,7874,332,0392.662,5002,683,107l.S87.&»4607.804
96,996,328
13,583.48147&,Se8615,088
l,l86,9a«708,079
14,574,141
8,069.6693,638,1813,704,1084.688.5253,995.6918,183.9191,339.561844,318779,861657.105600,000421,894
+17-«
(+89^(+149-4S1+87-«(-898)
+8-0-r*+5-9+11-0-h5-4
+23-3+ 10»+24-8
—4-8+24-a-rlO-1+49-9-t-8-8-18-8
+1-8
+11-9+19-8^•9-0+0-9
+43-8+12-8+45-8—wn+8-7
+13-9
-12-8—II0-7
+4r«
-18-0
-h33-5-f24-8+31-4+86-8+0-4+18-3-|-24'9
+89-5+34-1+60-0-H5-a
80,788,660
18,810.153114,643,62019,037,667,8350,505:1,730,0611,928,5881930,2861
1,495.8^788.138337.048,
8,083,2881,401J!82444.732 >
M,S»7,7eo|
1,165,063,668 ,
+18-8
+83-0+86-9-l-90'4+I4-«-1-80-7
+89-1-<-28-»
+209-3-11-8
+8r3
+14-0
4U2.Sa7,7M' +8.0
* Not Included In totals.
220 THE CHRONICLE. [Vol. L.
THE FINANCIAL SITUATION.
The changes in the rates for money so far as there
have been any the past week, have shown an upward
tendency. In the call loan branch of the market no
material alteration has taken place. Bankers' balances
have loaned at 4^ and 3 per cent, but the average rate
and also the rate for renewals has been 4 percent. The
minimum with banks and trust companies has likewise
•continued at 4 per cent, though the supply has dimin-
ished on account of the decrease in reserve and increase
in loans reported in last week's bank statement. There
has also been a decidedly more active inquiry for
short time loans, with heavy borrowing for out-of-town
Eastern parties, owing to the stringency in money at
Boston. As the market at that center has now become
easier, this latter demand it is assumed will subside.
Money has been taken this week at 5 per cent for 60 days,
the borrowers being willing to pay that rate, because the
contracts would carry the loan over beyond the usual
period of stringency caused by the April settlements,
and after that date they expect to be able to renew
the loans on easier terms. This rate, for the reason
assigned, is exceptional, the quotation for ninety day
Oioney being 4^ per cent ; for three to four months the
rate is 5 per cent, and for five to six months 5@5i per
cent. Lenders are seeking for contracts for the longer
dates, for the reason that they -will mature at about the
period when it is believed active money will again be the
prevailing condition. On mixed collateral the quotations
are higher of course, and according to quality. For
commercial paper, rates have advanced for short dates.
The supply of really first-class names has rarely been
Ibetter at this season, and the demand is now good.
Quotations are 5 per cent for sixty to ninety day
endorsed bills receivable, 5@5i for four months' accept-
ances and 5i@6^ for four to six months single names.
In London there has been no material change for
money, though the tendency of rates has been down-
ward. This is no doubt due to the improving condi-
tion of the Bank of England, the proportion of reserve
sto liabilities being this week 46 "80 per cent, against
•44'20 last week. But the Bank minimum keeps up to G
per cent, and as the gain in gold has been so largely at
the expense of the interior circulation, and due only in
small part to imports, we see no good reason why there
should be any fall in the oflBcial rate until foreign gold be-
gins to arrive more freely in response to the present quota-
tion. And yet we notice in looking at the trade movementfor the year 1889 that the gold imports into the United
Kingdom were for the twelve months of that year £17,-
686,174, against exports of £14,455,318. This not only
shows a larger gain for the country than occurred for
some years previously, but also that the interior of Great
Britain must have started the new year with a supply
considerably in excess of the preceding January, since
the Bank of England holdings were January 1, 1890, over
li million sterling less. The quotation yesterday in
the open market at London for sixty to ninety day
bank bills was 4^@4J per cent. The Street rate in
Paris was at the same time 2J per cent, while at Berlin
and Frankfort it was 3J per cent. The Bank of Eng-land gained £957,000 bullion during the week, but a
special cable to us states that it was caused by an importfrom France and bought of £470,000, by an export to
Australia of £50,000, and by receipts from the interior
of Great Britain of £537,000. It is reported by cable
that a German imperial loan for 139,000,000 marks will
be issued to-day at Berlin.
Our foreign exchange market has been dull and
heavy this week, though firmer the last two days. OaTuesday Brown Brothers reduced their rates half a cent
to 4 83^ for sixty days and 4 87^ for sight, and the tone
on that day and on Wednesday was reported weak ; but
after that, as stated above, it grew firmer. Kidder,
Peabody & Co. have continued their nominal rates at
4 84 and 4 88* but all the other drawers have now con-
formed to the reduction above noted. Commercial bills
are reported scarce, and there are very few drafts
against securities offering.
The Western rate situation has again been unpleas-
antly forced upon the attention of the investing public.
There can be no doubt that the unfavorable aspects of
the matter have been greatly exaggerated, and that in-
terested parties are giving them the worst coloring pos-
sible. Yet when all has been said that can be said on
that side of the question, the fact remains that irregular
practices as to rates are becoming a very disturbing fea-
ture in the railroad situation. A single illustration
will suflBce. The Chicago Burlington & Northern a
short time ago announced its intention to make a radi-
cal reduction in rates between Chicago and St. Paul and
Minneapolis. The matter was to come up for considera-
tion at the meeting of the Western Freight Association
on Tuesday, February 11. If the demand for a reduction
was rejected, as was expected and actually happened, it
then became incumbent on the Northern, under the rules
of the Association, to give ten days' notice of its intention
to put the reduced rates into effect, provided that was
its desire. It has always been the policy of the Bur-
lington & Northern to give such notice, and it was of
course supposed it would follow the same practice in
the present case. Acting on that idea, the Milw^aukee
& St. Paul had instructed its managers to quote the
lower rates at the expiration of ten days, that is on
February 21. But the Northern hearing of this, deter-
mined to withhold its notice, and thus put the St. Paul
managers " in a hole." It went further and asked
for permission to meet St. Paul's "cut rates." This
was refused, it being stated that the St. Paul's action
was the result of inadvertence and that the mistake
would be corrected. Finally, on February 13, the
Northern announced that its reduced schedule would
be put into force—when? Not on February 23, nor
even on February 21, but on Monday, February 17,
thus disregarding the rules of the Association entirely.
Nor is the Northern by any means the only road open
to criticism, if Chairman Midgley of the Southwestern
Division of the Association is correctly quoted. Mr.
Midgley is reported to have found all the various
Kansas City roads, excepting only the St. Paul and the
Missouri Pacific, guilty of irregular practices in secur-
ing freight, and this at a time when business is active
and there would seem to be no reason for offering
inducements to get traffic.
As far as the Burlington & Northern's reduction in
rates between Chicago and St. Paul is concerned, the
new tariff will be on the basis of 40 cents per 100 lbs.
on first-class freight, as against 60 cents which has been
the basis since the advance on November 20 last. Prior
to that advance the rate had been 40 cents, as now pro-
posed, and the proportion of the through rate on ship-
ments from the seaboard was then as low as 15 cents.
This latter as we understand it will under the new
tariff be 30 cents, or double what it was last autumn,
so that in'that respect the situation will be better than
it was at that time. The important point therefore is
whether the effects of the new rates will be confined
Febrcabt 15, 1890.] THE CHUONICLR 221
within a limited territory. We think the probabilities
are that they will. It is claimed on behalf of the North-
ern that the low rates are necessary to preserve its busi-
ness. But in October last when both the local and the
through tariff was on such a positively low basis, the
Northern showed for the first time in the year 1889 a
loss in its monthly net earnings as compared with the
corresponding period in 1888. Moreover, the gain of
nearly $300,000 in net earnings in 1889 over 1888 must
be attributed entirely to the better maintenance of rates.
The Northern, no more than any other road, can do a
profitable business at unprofitable rates.
The statistics for the month of January which Mr.
Jones, the accountant of the anthracite coal companies,
made public yesterday, show no improvement in the
condition of the coal trade. On the contrary, with
the output reduced 340,951 tons, as compared with
January 1889, stocks at tide-water points have further
increased, bringing them up to 1,138,927 tons—a figure
probably without precedent. We give below the results
arranged in our usual form.
JnthmctU Coal.
1890. 1880. 1888. 1887. 1886. 1885.
stock beginningof period
Production
7Vm».
1,026,107
2.261,678
Tom.052,150
2,622,529
6,274,685
807,314
Tont,
130,977
2,255,602
Tbfu.
372,282
2,213,312
Tont.
754,645
2,338,271
lorn.
874,681
1,641,803
Total supply .
.
Bt'k end of period
3.307.685
1,138,927
2,386,609
95,168
2,616.594
476,448
3,092.816
779,004
2,516,481
837.104
Consumption... 2,168,768 2,467,371 2,291,501 2,140,146 2,313,812 1,679.380
Thus the apparent consumption has been nearly
300,000 tons less than last year, and 122,000 tons less
than in 1888.
In advance of the full report, the Norfolk & West-ern has issued a preliminary statement of its oper-
ations for the late calendar year, with traffic statistics
and balance sheet. The monthly returns of gross andnet earnings, which the company regularly publishes,
had of course foreshadowed the favorable results nowmore fully disclosed. The road is one of those whichfor many years have steadily increased their earnings, in
good and bad times alike, and the explanation is foundin a careful nurturing of local interests and a steady
development of the great resources of the territory tribu-
tary to its lines. Looking at the gains in earnings for
1889, the improvement in net income has been rela-
tively smaller than in gross. But the company hassimply continued the policy pursued in other years—and with such gratifying results—namely, that of seek-
ing to foster local industries by very low transportation
charges. As a result the average rate per ton per milewhich had been low the previous year at 0-582 cent, in
1889 experienced a further decline to 0-550 cent. Thecompany managed to reduce the average expense perton per mile, but not quite to the same extent. Hencethe profit per ton per mile in 1889 was only 0-205 cent,
against 0-216 cent in 1888. Notwithstanding this fall-
ing off in the profit per unit of traffic, total net earningsshow an increase of $216,100, or 11 per cent. In thegross earnings the gain was $697,525, or 14 per cent.In the traffic statistics, the great growth established
is again a striking feature of the returns. Numerically,of course, the local traffic shows the largest additions,but the increase in the through traffic is this time alsovery marked. Thus in through freight there has beena gain of 143,533 tons, or 36 per cent. In the localfreight the gain is 523,205 tons, or 22 per cent, makinga total gain of 666,738 tons, or 24 per cent. The num-ber of passengers carried increased 70,978, or 9 percent, of which 64,840 were local passengers, and 6,138
through passengers. Turning to the income account,
we see that the net revenue for the year was. sufficient
to meet all charges (including the sinking fund on the
equipment mortgage) and pay $660,000 in dividends onthe preferred shares, and yet leave a surplus balance
on the operations of the twelve months of $105,046.
Adding to this the surplus income remaining at the endof the previous year, the total surplus income nowstands at $1,215,122. The revenue of the road still
continues to expand, and for January of the current-
year there is an increase in gross earnings of $112,000^
with an increase of $18,232 more for the Ist week of
February.
The stock market this week has again been irregular,
influenced largely by the varying reports and develop-
ments with regard to the Western rate situation. Thegranger stocks have been more or less depressed, and the
Chesapeake & Ohio securities have also been weak andlower, as have been the new "Big Four" shares-
The fall in Chesapeake & Ohio shares was not at first
understood, but it now appears that certain parties hav-
ing for sale stock formerly held by the State of Vir-
ginia cleverly made use of the same as a lever to depress
the entire list. Louisville & Nashville has been one of
the strong features of the market, and the St. Louis
& Pittsburg shares have likewise had another sharp spurt
upward. Bonds have continued active, in some cases at
lower prices. Among the trust shares. Sugar Trust
has risen several points, notwithstanding the decision ofJudge O'Brien of the Supreme Court.
The following statement, made up from returns col-
lected by us, shows the week's receipts and shipmentsof currency and gold by the New York banks.
Wtek ending FiX>. 14, 1890.
CnmDCT..Gold
Tota] itoM and leanl tendeni.
RfCtivtd hy
N. Y. BatHa
11,391,000
Shipped hy
S. Y. Bank).
12,408,000
800,000
t2,a08.000
Set Interior
MowTjiera.
TjOM.tl.017,000Loss. SOO.OOft
I.oss. »1.517.00ff
With the Sub-Treasury operations the result is as
follows:
Week ending Feb. 14, 1890.
Banks Interior Movement, as aboveSub-Treasury operations
Total gold and legal tenders. . .
.
Into Banlce, Outo/Bankt.
ti.39l,aoo
9,600,000
110,991.000
12,908,000
11.400,000
114.808,000
tfet Chan^imBank Holdings,
Loss (1,517,00*
Loss. l.SOO.OCO'
Loss. t3,317,0ft
Bullion holdings of European banks.
tt
Bn<itand„. . .
.
FranceGermany&U8t.-Hung'yNetherlands..
Nat.Relgluai
.
Tot.tbis week
Februaru IS, 1860.
Sold, 8il««r,
fi£22.019,030
60,180.000 49,802.000
27,185,333| 18,587,667
5,440,000,16,237,000
6,0<M.000 5,813.000
«,826.000| 1,413.000
112,674.869,80,682.807
Tot.preT.w'k. 1 11.034,869 80,401,667
Totai.
22,019,034
99.962.000
40,703.000
81.697.000
10.707.000
4,239,000
169,357.036
197,136.036
February 14, 1889.'
Bold.
«S81,718,824
40.268,000 49,122,000
30,858,607 15,489,33)
Silver.
5,890,000
5,098,000
8,«l«,000
lS,S28,0Ob
7,303,001
1,308,000
106.4(9,491 88.752,333
106.220,821 188,570,000
I'ttat.
£al,7I8,83«'
88,390,000-
40,888,000-
81,424,000
18.457,000
8,984,000
195,801,881
194,790,881
The Assay Office paid $391,040 through the Sub-Treasury for domestic bullion during the week, and the
Assistant Treasurer received the following from the
Custom House.
Date.
Feb. 7.•• 8.
" 10." 11." 12." 13.
Total.
Dutita.
$571,794 51
427,789 19
656,547 721,025,897 65561,424 10557,305 42
$3,800,758 59
Oomitling of—
eold.
$475215355890775730
$3,440
u. a.
Notet.
116,80015,600
15,750
27,05014,60012,450
$102,250
aotdOerlifle'M.
$30,75053,000
96,500109,64084,50050,550
$374,940
aUttr Oer-Hfleattt.
$11,6006,0007,100
10,3007,9008,050
$50,95O
Included in the above payments were $1,928 in silver
coin and $3,267,225 14 in checks drawn against gold
deposited in the Sub-Treasury.
222 THE CHRONICLE. IVol. L.
THE BUSINESS OUTLOOK.Therehasevidentlybeen in progress of deyelopment
for weeks now a less confident feeling with regard to the
future of business than prevailed a short time since.
Some conditions no doubt encourage it, but there are
other conditions that ought not to be lost sight of, and
which are decidedly reassuring. Perhaps at the
moment there is a disposition to charge the loss of
buoyancy as much to the state of the money market as
to any single cause. Hope lasted it is said as long as
close money lasted. Confidence revived when the
reserve increased. Now that the Government is absorb-
ing the little surplus the banks had accumulated,
disappointment is very naturally the result.
But it is easy to make the rate of interest responsible
for more than is its due. Even in Wall Street affairs it is
a minor consideration; that is to say, a 6 per cent market
is not at all inconsistent with active dealings in stocks.
On this occasion too there is every prospect that the
Government will not permit its operations to interfere
more than temporarily with bank reserves. Is it not
lack of confidence more than lack of surplus which
needy borrowers have to fear? " Prime security" and
" good mixed " are relative expressions, liberally con-
strued one day perhaps and quite restricted in their
meaning another day. The standard among money lend-
ers is well up at present, the instability of values having
been illustrated so lately in the case of collaterals that
ruled high not long ago but have dropped since with
frightful rapidity. Then that railroad war, with its
results on railroad income, which followed the railroad
overbuilding during 1887 and 1888 hangs as a kind of
danger signal before men's minds which every rumor of
rate-cutting interprets as a threat of a return of the old
conditions. Nor are these the only influences disturb-
ing confidence. There have been a good many failures
recently. "Worst of all, there have been three peculiar
bank failures in this city. Had the talk about these
latter been confined to their reorganization and ceased
with it, they would have had little harmful influence.
But there have been apparently so many grievances of
a personal nature to air which ought to have been kept
inside bank parlors, and an apparent willingness to
keep the gossips well supplied with material, that the
whole matter has become very tiresome and not a little
disturbing.
So far as money is concerned, these occurrences affect-
ing credit are of far more weight in depressing values
and markets than the loss of bank reserves which has
occurred and is threatened. None of them, however,
are in their nature, or need be in their influence, long-
lived. The most permanent is the railroad disagree-
ments. Misunderstandings and disputes are, and mustbe from the nature of the business, of constant occur-
rence, and reports with regard to them always float
easily and grow rapidly. The rumors of difficulties in
the West now are of course exaggerations, the utmost
being made out of the real facts to depress the market,
their exceeding usefulness for that purpose being well
understood. But it should be botne in mind that the
conditions could not in any event get back to the old
status. The country is a year older, and with a year of
rest from railroad building we have begun to grow upto the new facilities. Then again the reorganizations
accomplished and nearly accomplished since then makea great change in the state of aiiairs. And finally, the
public have good reason for confidence in railroad man-agement, a confidence which could not be felt a year
ago. We have seen for over twelve months a union of
the roads, merely sentimental it is slurringly called, but
in spite of that lasting longer and with much less fric
tion than any other arrangement which they have evei
entered into. If the cohesive power has during all that
time been sentiment only, so much the better is it as a
precedent and as a promise of future agreement. It
is evidence of improved methods and of a new standard
among men highest in railroad control. How far this
is the fruit of the Inter-State Railroad Act it is not
necessary to inquire. But that such a change in sen-
timent and action has assumed shape and character dur-
ing the last eighteen months, few will deny.
Another matter which should tend to reassure con-
servative classes is the better outlook with respect to our
foreign indebtedness. We have so recently reviewed at
length the trade figures that no rehearsal of them is ne-
cessary. The important point to recall is that during the
first six months of 1889 we knew we must export gold
freely because we were owing Europe a large balance on
our current trade and were sure to increase that adverse
balance month by month. The trade situation is just
the reverse to-day. We had a favorable balance the
first of January of about 100 million dollars. The first
quarter of this year that account will be further increased,
and if no great difference of interest rates exists
between New York and London, we ought not to export
much gold the rgnainder of this fiscal year. The
chances are too that there will be still another influence
contributing in some degree to a like effect before the
six months are ended. Europe will find our securities
more tempting as the months go by and the large earn-
ings continue. Especially will this be the case if con-
currently with an increase in dividends, which must be
a marked feature from this time on, the spring promise
with regard to the crops should be favorable. Nodoubt railroad managers will see the wisdom of giving
speedily to the stockholders the benefit of the increased
earnings. After such a long depression in railway prop-
erty, credit returns only slowly, and it will require not
only the larger income but a distribution of the fruits of
the larger income as well, before the public will realize
the full meaning of the change. In that way, too, capi-
tal being more productive, enterprise is stimulated,
prosperity widens, and a term of activity becomes in-
evitable.
There is one other circumstance of which overmuch
has been made as a hindrance to active business, and
that is the poverty of our farmers under the low prices
ruling for their products. We do not mean to urge that
the conditions would not be more assuring if wheat
corn, oats, &c., were higher. But leaving the corn and
wheat producer for a moment it must not be forgotten
that we have a South and a cotton-producer as well
as a West and a wheat-producer. We have before
us a letter from a friend in Georgia written before the
late advance in cotton, and in speaking of the planter he
reiharks how much better off the planter is now than he
was a year ago. The last two crops have been large ones,
but referring to the average quality this writer states
that the crop now being markeed has ranked so muchhigher, that in that vicinity the producer has actually
received three cents more per pound for his cotton than
for the last crop. Six cents, this writer says (and there
is no better authority for his section), is about the aver-
age the producer got a year ago, against about nine
cents this season. We have made inquiries of others
well informed on the subject with regard to other sec-
tions, and we find that a like difference has prevailed,
Fbbruary 15, 1890.] THE CHRONICLE. 223
only in some cases it is less in extent, because the com-
parison is with a quality last year better than the aver-
age was in parts of Georgia. With reference to the
same point, the Agricultural Department, in its report
made public this week, says that "the returns as to
"quality are very high, except in Virginia, North Car-
" olina and in Tennessee and Arkansas. It is superior
"in all the States of the Gulf Coast." In fact, we are
told that it is very hard this season to get low-grade
cotton at all, and one informant says it is impossible to
get even low middling in Texas.
What a contrast these facts present. Here is one
writer who finds the return to the producer just fifty
per cent larger for the year's work; even putting the
improvement for the whole country at an average of
only one and a half cents, it would still be a twenty-five
per cent better result, or about seven and a half dollars
increased profit on every bale of cotton marketed. Atthe same time the South has been developing rapidly in
every other direction. One of our informants just re-
turned from a trip through the Southern States says
that parts of the South are fairly rolling in wealth. Ofcourse turning to the West and looking at the situation
there, we cannot by any means present as bright a pic-
ture. But in considering the prospects of business, wemust not omit the South, as so many do, but must aver-
age the whole country. Besides, even in the West the
state of the farmer is not nearly as unfavorable
as the prophets of evil would make it out
to be. Accepting as true some of the statements pub-
lished, one would have to conclude that the farms
throughout the whole of the wheat and corn raising
districts were covered with mortgages, and ^the owners
on the verge of insolvency. If the stories are sifted,
however, it will be found that only in very small sec-
tions, where there have been crop failures, is there anycondition even approximating that described. Takeall the country west of the Rocky Mountains, and there
is no part of it where the owners are not making money,and even east of the mountains the average farm pays.
No one disputes that the prices of products (as in mostevery other industry) are extremely low, and that not
nearly as much is earned in their cultivation as formerly.
Yet the difference or decline in price does not by anymeans measure the difference in profit, for the
cost of production has declined also. The cost of
capital is less, the labor required because of the savingby machine work is less, and the carriage to market is
far less. And when crops are abundant so that two or
three ears of corn are raised in place of one raised in aprevious bad year, there is no prudent farmer but nets
a surplus still.
In writing the above we have been actuated by a de-sire simply to give a correct representation of the in-
dustrial outlook. Our review is general in characterand includes only what are deemed the controlling con-ditions affecting all trades. The results do not appearto favor an outlook any less promising than obtainedduring the closing months of last year.
THE CANAL AND NEW YORK'S POSITIONIN THE GRAIN TRADE.
The constant agitation of matters affecting the NewYork canals and the interests of those using them,gives considerable importance to the subject of thetraffic and commerce of these internal waterways. Wehave made up (from statements furnished by Mr. J. C.Brown, the statistician of the Produce Exchange) the
figures showing New York's grain receipts in the late
calendar year, according to kinds of grain, and also
giving the routes by which the grain came, and it will
be interesting to examine that statement with reference
to the part played by the canal in the movement. Be-
sides illustrating that point, the figures will also be
useful in furnishing a basis for measuring New York's
position in the grain trade as compared with the neigh-
boring seaboard cities—a feature of the more import-
ance because of the known growth at Baltimore during
1889.
As concerns the advantages which this port has de-
rived from the canal, the point is so obvious it needs noargument to support it. Everyone knows and admits
that this means of communication with the great Lakeshas been an important factor in the growth and progress
of the Empire State and of its chief city. Suggestions
for further adding to the usefulness and efficiency of
the canals are therefore deserving of careful considera-
tion. But beyond that the State clearly cannot go.
Propositions looking to the erection by the Governmentof grain elevators, and other demands of a like nature
which are being urged upon the attention of the Legis-
lature at each recurring session, should receive nocountenance whatever. There is no more reason for
the State's building grain elevators for the canal menthan there is for its supplying them with boats. In
lengthening the locks, in deepening the prism, in
abolishing all tolls and making this artificial waterwayas free as a natural waterway, the expense of maintain-
ing it being borne by the taxpayers at large, the State
has acted judiciously.
Coming now to the grain movement during the late
year, the canal is found to have only a slightly less
prominent place than in other years. Reducing flour
to its equivalent in wheat, the total grain receipts at
New York for 1889 were 112^ million bushels. Of this
amount the canal contributed about 34 million bushels,
or over 30 per cent of the whole. Considering that the
water route was open for only seven months of the year
(the period was just seven months, or from May 1 to
November 30), while the other routes are in operation
all the time, and considering further that the canal has
such competitors as the New York Central, the Pennsyl-
vania, the West Shore, the Lackawanna, the Erie, the Le-
high Valley, and the Baltimore & Ohio, not to speak of
various minor lines, to contend against, its record in this
respect is striking evidence of its importance with
reference to the trade of the city. But how does the
result for 1889 compare with that for other recent
years ? To answer that question we present the follow-
ing, showing the deliveries at this port for the last
three years and also for 1885, by each leading route, rail
and water. The 1885 totals are incorporated to indi-
cate the position of the canal in a year of cut rates by
the railroads and of general demoralization in railroad
affairs.
RBCEIPTS OP QBAIK AT NBW TOBK BT BOUTB8.
Calendar
Year.
1888. 1888. 1887. 1838.
BiuV P.C.
liIlS
Btuh. P.C. Btuh. P.O.
19^
Btwfc.I
P.O.
N.Y.Ceat. 18.191,801 18,996,816 17-91 24,979,985 36,079,'! 13'88-60
BWe 18.385.025 16-33 16,409,906 16-47 80,699,769 16-16 24,979,551 19-73
Penna 8,582,714 7-64 8,784,872 8-281 9,860.936 7-73 15,239,591 lS-02
D.L.AW. 6,301,388, S-60| 4,4a0,76S 4-20 4,315,945 4-17 5,718,488 4-sa
WMtBh... 16,928,217 u-ul 13,463,610 12-70 ia,'-43,609 9-45 10,001,890 Tito
LehiKh v. 7,113.434 632I 6,451,175Balt.*0.. 928,629 0-82 6-08 7,265,027 5-71, ge»,969 0-75
Var. RB.1!.
Tot. RR.
698,848 0-68
67d3 ot-ei M-817«,1I8.054 68,556,476 80,076,101 93,968,540 78-411
RlT. & oV. 2.436,407 2-16 3,471.619 S-28 1.414.700| 1-10| 3,738.304! 2-95
Canal
Total all.
33.995.895 30-81 31.021.276
106,052,3-0
39-08
iooo
46,011,003 36-09 89,930,687-23-63
112,650,356 100-0 187,600,804 126,637,431 100-0
224 THE CHRONICLE. [Vol, L.
Here we see that as against 30-21 per cent brought ia
by the canal in 1889, the proportion in 1888 was 32-08
per cent, and in 1887 it was as much as 36-09 per cent-
From these figures one might draw the conclusion that the
canal was on the decline. But in 1885, the year of the
trunk line war, that route had only 33-63 per cent, and
the falling off from 36 to 30 per cent during the last
two years is susceptible of explanation. The canal gets
Bome of all the various cereals, but under ordinary cir.
cumstances secures more of wheat than of other kinds
of grain—that is, wheat appears to be somewhat of a
specialty with the canal. Per contra the railroads seem
to have a stronger hold on corn and the minor cereals.
In both these particulars there have been changes to
the disadvantage of the canal. For two successive
years now, there has been a heavy falling off in the
receipts of wheat, with a coincident increase in the re-
ceipts of corn, both changes arising out of differences
in yield and in export demand. For the purpose of
showing the composition of the grain movement we
present the subjoined statement.KINDS OF GRAIN RECEIVED AT NEW TOBK.
Calendar Tear,
Floor bbls.
Corn meal bbla.
Oommeal sacks
Wbeat bash.
Com bush.
0«to.... bush.
Barier bush.
Bye bu»h.
Feaa bush.
Malt bush.
83,613,533
25,3»l,ia8
1.548,860
Grand total bush.'ll2,550,3S«
Total Rraln bushFlour reduced to bushMeal reduced to bush
5.642,461
17«,»«1
42?.908
l.".,»7»,25$
35,547,437
83,261,150
4.253,280
1,462.070
426,010
4.691,288
,1888.
6,088,462
162.489
420,387
20,104,435
24,150,535
23,950,832
3,791,483
238..')38
804.800
4,600,888
77,141,012
87,402,579
1,508.779
106,052.870
1887.
1,335,924
135,787
423,469
45,222,486
2>,231,4'<2
22,266.020
4,200,13(1
435,091
3Z1.168
4,831,980
87,508,142
28,601,658
1,890.004
1886.
5,580,498
147,383
401.032
41,546,610
32,789,951
20,139,820
4,505,180
23'>,789
471,112
4,716,667
104,400,129
25,112.211
1,397,«96
127,500.8- 4 180.910.066
Thus the wheat arrivals for 1889 were only about
one-third those of 18S7. In other words, they were only
15,973,258 bushels, against 45,222,425 bushels. If wewere to carry the analysis further, we should find that
the canal by itself had delivered 13,105,800 bushels
in 1889, against 28,631,700 bushels in 1887 ; that is, on
that cereal the canal has lost 15^ million bushels. ButNew York's corn receipts have risen from 20,231,422
bushels in 1887 and 24,150,535 bushels in 1888 to 35,547,-
467 bushels in 1889, of which the amounts coming by
canal were 13,064,800 bushels in 1887, 14,686,300 bushels
in 1888, and 15,734,000 in 1889. Hence while 15^ million
bushels of the 29^ million bushels loss in wheat fell on the
canal, it got only 2f million bushels of the gain in corn in
the same interval. In view of such results, the decline in
the ratio of grain coming by canal during the last twoyears is deprived of the significance it might otherwise
possess.
With reference to the deliveries by the various rail
routes, and the changes in the same, which constitutesa feature of interest apart from the varying positionof the canal, we find that the New York Central againshows a decrease in its percentage, but as in the previousyear this has been counterbalanced by a gain on theWest Shore, so that the total for the two roads combinedstands at 30-30 per cent for 1889, 30-61 per cent for
1888, and 29-04 per cent for 1887. Of the other roadsthe Erie has slightly increased its proportion and theLackawanna has gained more decidedly, while thePennsylvania has lost a trifle. The Lehigh Valley,which was formerly included under the various or mis-cellaneous roads, is now given separately, and is creditedwith 6 -32 per cent of the total grain arrivals of all
Jcinds.
Comparing New York's grain receipts with those ofthe other seaboard cities, the larger corn movement
again comes in to affect the comparison. At various
times during 1889 the newspapers directed attention to
the large receipts of that cereal at Baltimore, and from
that circumstance drew conclusions unfavorable to the
trade of New York. But there was really nothing
very singular about the increase at Baltimore. There
has been an active export demand for corn, and the
crop was an unusually large one. Some of the heaviest
corn producing sections—those in the Ohio Valley—are
directly tributary to Baltimore, and, moreover, that
point has a differential in its favor on freight rates to
the seaboard. We stated a year ago that with good
crops in the Ohio Valley, Baltimore was likely to in-
crease its percentage, and that is just what has hap-
pened. The precise extent of the change is indicated
in the following.
BECEIPTS AT SEABOARD CITIES.
Calendar
Tear.
New YorkBoston ...
Ptalladel. .
Baltlm-re.
Total
15028-70
19-31
Buift. ]P.O.
112,650,356 56-97
£9,675,478
17,185,014
38,144,141
197,654,ftS9
1888.
Bus*. P.O.
106,062,370 678929,401,519 1608
1^87.
17,168,6!3
30,278,840
100011182,888,282
83816-55
Bush. P.C
127,600,804
31,921,497
25,088.809
39,252.205
283.713.315
570014-27
111917-54
1000
1888.
Bush. P.C.
130,810,062 57-67
35,768,884 15-75
21,554,6821 9-50
3ti.772,444ll7-0»
227,007,082 llOO-O
The differences are smaller than might have been an-
ticipated. New York has held its own remarkably welL
As against 57-99 per cent of the total of the four cities
in 1888, its proportion in 1889 was 56-97 per cent, of
which latter it may not be out of place to state
three-tenths was furnished by the canal. For Boston
the percentage is 15-02 per cent in 1889, against 16-08
per cent in 1888, and at Philadelphia it is 8-70 per cent,,
against 9-38 per cent. Baltimore having gained whatthe others lost, its ratio is up to 19-31 per cent, against
16-55 per cent. As illustrating the extent to which
corn is responsible for this we may say that the increase
in the receipts of that cereal at Baltimore was 8,471,-
797 bushels, while the increase in total grain receipts
at the same point was only 7,868,301 bushels.
THE JANUARY GROSS EARNINGS.The exhibit of earnings for the first month of the
new year is a decidedly favorable one. In some respects
it is the best for all recent periods—relatively better
even than the strikingly good statements presented last
autumn. The amount of improvement over the corres-
ponding month of the year preceding reaches a very
large figure—$4,003,039. In October the gain hadbeen somewhat over five million dollars, and in.
November $4,074,843, but with those exceptions'
the amount for January is heavier than for any
month of 1889. Looking at the ratio of improve-
ment, the present percentage excels even that for Octo-
ber, and thus in that particular January leads all the
months. The gain is 13-21 per cent; for October
the percentage was, 12 -30, for November 12-02, for De-cember 9-81. Prior to September the increase had not
f6r any month during 1889 been as much as 10 per cent
^
It may be pointed out as a further noteworthy fact,
that the present gain follows not a loss the previous
year, but another gain only less important than that
now recorded. In other words, the increase of $4,003,-
039 or 13-21 per cent on 154 roads for the current year,,
is in addition to an improvement of $2,309,922, or
9-61 per cent, on 118 roads in January, 1889. Theimprovement, too, is general in its nature, and comes
from very nearly all sections of the country. Certain
roads of course have specially heavy gains, and amongthese the Atchison Topeka & Santa Fe ranks first with
Febbuaet in, 1890.; THE CHRONICLE. 226
an increase of $404,538 (not counting in this the lines
half owned, which show a small loss). The New York
Central has $213,256 increase, and the Wabash
^223,271, while in addition to these there is in the
South, and in both the Northwest and the
Southwest, a very large number of roads whose
gains reach more than $100,000 and from that run up
to $150,000 and above. Out of the whole 154 roads
reporting there are 37 which report a decrease,
but these with two or three exceptions are all minor
ones and the losses also are small, the total falling off
by the entire 37 roads being only $307,546. The fol-
lowing presents a summary of the January results for a
series of years past.
MUuKit. Bamingi.Increase or
Decrease.Period. Tear Year Year Tear
Ohvn. Prtceding. Oiven. Preceding.
mus. MiXa. » % *
Jan., 1880 (41 roads) 12,842,163 10,127,071 Inc. 2,716,092
J&n., ami (45 roads) 30.140 25,771 12.329.852 11.185.429 Inc. 1,144.423
Jan., 1882 (62 roada) 41,65» 86,6iS 18,097,011 14,608.018 Inc. 3,688,963
Jan.. 1883 (61 roads) 47.430 43,277 19,602,438 18.8j5.763 riw . 1,376,675
Jan., 1884 (51 roads) 38,208 34,720 12.943,105 12,073,954 'Bee. 30.849
Jan.. 1885 (70 roads'i 61,485 49,679 17.798.036 16.972.869:7nc. 826,167
Jan.. 1888 (o4 roads) 45,908 44,682 13,663,048 14.5fl5,336'B(C. 1.012.288
Jan., 1887 (97 roads) 68,127 68,692 22.169,9061 18.371,0J0lrn<:. 3.828.885
Jan., 1886 (101 roads) 60.642 67,711 21.678,019; 20.873,498|/m:. 799.623
Jan., 1889(118 road 8 70.758 87,544 26.338.785; 24,028.863 /nc . 2.309.922
Jan.. 1890 (164 roads) 83.083 82.040 34.202.260 30.289.2n!/n<; . 4,003,039
In the early months of the year the weather is always
an important influence as affecting railroad earnings,
and this during January, 1890, was for most parts of
the country and for most roads very satisfactory. It
will be remembered that the winter was mild last year.
This year it was even more so. We know of no roads
in the West—taking the term West in its broadest
designation—which suffered to any extent from snow
blockades, or from severe weather of any kind, except-
ing portions of the section west of the Kocky Moun-tains. There were of course snow storms east of the
Kocky Mountains, but not of sufficient severity seriously
to check traffic operations. On the Pacific Coast, and
vest of the Rocky Mountains, the weather was very
bad—in some cases the worst experienced in a long
term of years. The weather crop bulletin for the
month, issued by the Weather Bureau at Washington,
reflects the situation correctly. It says that over the
greater portion of the country east of the Rocky Moun-tains the temperature was warmer than usual, but that
from Dakota and Colorado westward to the Pacific Coast
the month was colder than usual. The snow seems to
have been especially severe in the Sierra Nevadas, and
the Central Pacific, according to some of the reports,
encountered greater difficulties from the blockade than
ever before in its history. The Pacific lines of the
Union Pacific also suffered severely. It is well to point
out, however, that neither the Union Pacific nor the
Central Pacific appears in our statement of earnings, so
the loss on that account is not reflected in the totals
given. The Northern Pacific is represented in the
statement. Its line was not blockaded, but the very
bad and cold weather could not have been without
effect, and the road reports a small loss—after a very
heavy gain, however, ($480,000) in the year preceding.
The Canadian Pacific, which lies furthest to the north
of all the Pacific roads, suffered no interruptions what-
ever, its snow sheds having fully protected it. Theroad gained $74,000 this year, after $96,000 last year.
In Southern California incessant rains fell during the
month, and this with other circumstances pulled downthe earnings of the Atlantic & Pacific. The San Fran-cisco and North. Pacific also lost from the same cause,
having had no less than 21 rainyjdays.
In a general way, therefore, it may be said that the
weather through the greater part of the country wasunusually favorable to good results by the railroads, batthat on the Pacific Coast (comprising a comparatively
small part of the total mileage of the United States), it
was just the reverse. Apart from the weather, the or-
dinary conditions as to traffic and business were nearly
all of a kind to encourage expectations of good returns,
such as we now find. Our industries were in a state of
great activity. The mild weather to be sure depressed
the coal, the woolen goods and the shoe and leather
trades as well as some others, but in the general activity
this was a circumstance of minor consequence.
Furthermore, the movement of grain, provisions andlive stock was of unusual proportions.
At the Western primary markets, the receipts of grain
at the nine points usually comprehended in our com-parisons show very large gains. Of flour, in the five
weeks ending February 1, the arrivals were 1,047,293
bbls. this year, against only 596,118 bbls. in 1889. Butthe increase here is insignificant alongside the gains in
some of the other items. Of corn, the arrivals were
nearly 20J million bushels, against only about 11^^
millions; of "wheat, over 6^ millions, against 3
J
millions ; of oats, over 7 millions, against less than 5
millions, with a gain also in rye, but a small loss in
barley. Taking all the cereals together, and counting
a barrel of flour as the equivalent of 4^ bushels of
wheat, the arrivals for the five weeks in 1890 stand
at 41,490,184 bushels, against only 26,156,153 bushels
in 1889, being an increase of over 15 million bushels.
It is hardly necessary to refer to the movement at par-
ticular points, for whether we look at Chicago, or Min-
neapolis, or St. Louis, or Toledo, or Peoria, the gains
are large in each and every case, as will appear from the
subjoined tabulation.
RRCEIPTS OF TLOUR AND GRAIN FOR FITB WKKK3 ENDBO FEBBUAKT 1.
Flow,(6Wj.)
Whtat,(Huh.)
777.46068?,e9S787.696
631,543458,509639,813
736,850141.347241,658
177,116169,402186,277
320.674211.833280,937
210.700208.276189,832
70.60076.50083,500
213.036455.797422,460
3.236,3101.819.0802.434.250
Com,(buak.)
OaU. Barlty,
OhUago—1800 616.958
304,273679,711
338,523131.727
8,232,5524.314.2853.325.498
71.230195.53080.820
6398,7856,202,8502,443,360
1,762.398296.837186,222
213.8M3U.25999.844
83,60672.488
106,635
2,829.8001.188.4501,571,700
319,280
4,123,9662,95,'i.411
2,764,068
196,000220,000154,000
1,063,780788,550
1,071,466
81.06234.21823,071
211.390131,10671,646
181,080119.565157,316
1.078.000674.000
1,243,400
212.762
1,403,6981.533.ijl7
1,230,190
642.110806,350390.340
196,100206,527184.200
"7.0463.946
166,18873.889
103.210
72.90744.844
: 46,322
188,000121.200115,200
314.377188» 152.8021888 121.282
MOwavket-1890 104.2301889 38.400
99.044
101.263iSi.'r*r:. 118,24074,30668,296
13.54410.83218,T77
16.84110.98919,136
86,86228,44417.260
10.8258.0208,261
20,527
1889 19,2601888 16,672
Toltio-1890 14,1391889 S.624
1888 »,69«
DtnU-189018891888
OlMMlOnd—1890 5.3471889 3.695
1888 147
Psorto—1890 29.1601880 69,300
1888 68.300
Dvivth-188018801888
1890 '
1889 ..... ..
1888
VoM of att-1890 1,047,293
598.1181.007,361
6,278.6073.004.3295,151.421
20,211.23211,581,2997,795,379
7.098,0404.920,8505.484.955
2.626.0012.792,1642,073,406
668,496274.980
1888 306,871
Considering Chicago by itself, and extending the com-
parison back a series of years, we get perhaps a better idea
of the extent of the present year's movement. For .this
purpose we will use the figures for the even month,
those above being for five weeks. Not counting flour,
the receipts of grain for January; 1890, amount to
13,170,962 bushels against 8,369,340 bushels in 1889,
7,015,603 bushels in 1888, 8,396,376 bushels in 1887,
and but 5,589,124 bushels in 1886. Back in 1885 and
1884 the arrivals were heavy, but in neither year did
226 THE CHRONICLE. [Vol. U
they quite reach 11 million bushels, and it would seem
that the present year's total must be the largest ever
recorded in January. Certainly it is the largest as far
back as our records go. The annexed table shows both
the grain receipts and the provisions receipts for a term
of years.
RRCEIPT8 AT CHICAGO DCBINO JANUART.
r.i ;,'!!JUettptt.
1890. 1889. 1888. 1887. 1886. 1885.
Wheat.bnsb. 684.076 517,017 885,977 1,093.485 400,830 2.146.107
Com...bush. 7.172.970 3.694,597 2,870,238 3.374.219 2,363,717 5,024,682
0st8..buab. 3.686,311 2,625.168 2.281,022 2,748,844 1,667,707 2,461,673
Bye., .bush. 271471 124,816 103,149 40,722 59,139 97,668
Barley.bush. 1,336,436 1.407,742 1,076,317 1,141,106 1,107,931
5,589,124
1,260,468
Total f^raln 18,170.962 8,369.340 7,015,803 8,398,878 10,980,588
Flour.. bbU. 457.196 282.197 672.254 888,926 177,540 439,703
Porlt...,bbls. 4,312 6,187 8,788 9,173 2.654 9.039
0otmts.lb8. 28,344.069 19,215.152 13,042,205 21.942,049 U.974.730 30,690,916
I.ard lbs. 12.885,824 6,761.712 6,269,601 10,6.36,442 6.175.402 6,940,424
UrebofirsNo 807,798 483,687 584,734 541,887 657.763 773,073
While in the case of pork there is a falling o£E, the
receipts being 4,312 bbls., 'against 6,187 bbls., in the
case of the other items of the provisions movement,there is a very decided increase, cut meats standing at
28i million pounds against 19i million pounds, and
lard 12|^ million pounds against 6f millions. Both cut-
meats and lard moreover show the largest totals for all
the years given, and the same is true of live hogs. Thegain in the latter over the year preceding is very strik-
ing, which reflects the advantages to the roads in that
respect. While the number of hogs received in Janu-
ary, 1890, was 807,798, in January, 1889, it was only
483,687. The shipments from Chicago of grain andprovisions reflect gains no less striking than those noted
in the receipts at the same point. The weekly reports of
the freight shipments east from Chicago by all the lines
throw much light on that branch of inquiry. Theseshipments for the five weeks ending February 1
amounted to 573,734 tons, against 349,582 tons in the
corresponding period of last year, and only 381,248
tons in 1888. In other words, the movement shows anincrease of over 60 per cent as compared with 1889, andof over 100 per cent as compared with 1888. By weeksthe results are as below.
EAST-BODND SHIPMENTS PHOM CHICAGO.
Week enMmt- 1890. 1889. 1888.
Jannary 4Tom.112,500
131.793
128,096
108,078
96,269
7oni.
103,664
78,388
61,840
56,509
64,183
Tons.
79,017
69.949
46,170
46,047
52,065
January 11 •January 18January 25
February 1
Total 673.734 349,682 281,348
In this gain in east-bound tonnage the MichiganCentral, the Lake Shore, the Baltimore & Ohio, andthe St. Louis & Pittsburg, are very conspicuous; and asthese roads are not included in our earnings statement,the inference is that were they included, the augmenta-tion in earnings would be still heavier than it is.
On the cotton movement many of the Southernroads sustained a loss. The gross shipments of thestaple overland were considerably in excess of a yearago, the total being 278,287 bales, against 202,688bales, but the receipts at the ports were only 613,234bales, against 644,865 bales, the latter however havingbeen unusually large. At Galveston, at New Orleans^and at the Georgia ports, the receipts are above thosefor 1889; but at Mobile, at the South Carolina andthe Virginia ports, there are some very heavy losses.
At Charleston the receipts were only 18,586 bales,against 38,563 bales; at Norfolk, 45,338, against 58,679bales; at West Point, 49,312, against 65,890 bales.The following is the table.
BECEIPTS OFJ COTTON AT SOOTHEBN PORT.? IN JANCABT, 1890. 1889,1888, 1887, 1886 AKD 1885.
Ports.Jannary.
1890. 1889. 1888. 1887. 1888. 1885.
Galreston bales.
BlPaso.4075,323
8,009
253,866
28,006
4.627
83.917
33.136
18,688
.370
11,817
948
45,338
49.312
65.190
8.134
246,664
87,175
2.809
75.373
80.515
38,663
3,028
11,642
1,303
58,679
85,890
47,432
190,813
28,458
1.587
61.871
7,166
30,339
965
10,065
674
43.978
52,937
88,419
273.789
31.148
4.498
61.030
2,674
26,966
1,420
11,625
271
68.082
.37,122
54,647 32,990
40r206.498 183.631
46.041 29,4358 638 \9.a9a
MobileFlorida
Savannah 69,867
1,881
23,817
1,216
7,378
948
46,931
24,180
52,696
766Brunswick, AcCharleston 32,808
829
7,427
1,461
56,049
18,857
Port Royal, 4cWlUnlngtonWashington, Ac
Norfolk
West Point, Ac
Total 813.234 644,865! 474,785 574,942 480,012 429.26S
The irregular cotton movement makes the heavygains in earnings by Southern roads all the more note-
worthy, for these roads, as in previous months, present
as a class a better showing than any others. Out of
forty-eight lines from which we have returns only five
very minor companies report losses; all the rest havegains. Those with the heaviest improvement are the
Louisville & Nashville, $171,073 increase; the Kich-
mond & Danville (whole eight roads), $198,932 in-
crease; the Norfolk & Western, $112,000 increase; the
Chesapeake & Ohio, $139,000; the Louisville New Or-
leans & Texas, $110,311 increase, and the East
Tennessee, $92,784 increase. Southern roads also
added heavily to their totals last year, and here is a
comparison of their earnings for six years.
January. 1890. 188S. 1888. 1387. 1888. 1885.
» $ % ( » »Chesapeake A Ohio 582.000 443,000 430,431 354,190 1301,189 334,583Ches. Ohio A So.W. 174.206 170.326 160,760 145,600 117.365 115.51CIn. N.O.& Tex. P.* 775,693 891.459 683,743 574,945 446,302 487,120B. Tenn.Va. A Ga.
.
684.8D9 492,025 469,444 433,487 324,031 427,885Louisville A Nash. 1.689.920 1,398,817 1,308,817 1,337.769 1,050,680 1,170,760
1,ouIsv.;n.O.A Tex 361,297 260,988 211.528 318.063 159,748 99,297
Memphis A Char.. 172.101 163.520 157,940 156,346 115,167 141,386
Mobile A Ohio 292,046 284,302 202,310 236,015 184,263 t201,e81Norfolk A West... 494,243 383,243 380,801 379,.305 218,907 229,255Rich. A Banv. syst. 1,144,550 946,618 881,640 698.828 583,632 875,663
South Carolina. . .
.
187,000
6,287,765
134,588
6,855,814
127,677 98,133 94,875 119.612
Total 4.881,891 4,411,680 3,595,435 3.952,780
Entire system. +Not i ncl adlni; St. L, A Calro-iBxact receipts of the Richmond ik. Alleehany for this year not known
to us; we .have, however, made an arbitrary allowance for the same.
In the Southwest, the Atchison has an exceptionally
heavy increase, as already mentioned, and the Missouri
Kansas & Texas, Texas & Pacific, and St. Louis Arkan-
sas & Texas are likewise distinguished for heavy addi-
tions.
January. 1890.
Denver A R. Gr. .
.
695,300
K.C.Ft.S.AMem. 884,304
Mo. Kan. A Tex... 839,76.j
8t.Ii Ark. A Tex.. 360,117
St. Ij. a San Fran.
.
454,010
Texas A Paclflc... 621,389
Total 3,054,814
1839. 1888.
»572,593
357,248
470,843
285,801
424,705
639,794
2,620,982
t683,437
362,360
455,123
214,470
390,920
648,876
1887. 1888.
« $645,650 404,903
408.580 208,65 7
607,007 416,025
188,021 125,691
3W.173 275.313
524,569 439.870-
1885.
~"i '
405.341
870.884
468,470
83,899
302.780
2,610,983 1.920,559
In the Northwest, the Milwaukee & St. Paul reports
$139,091 gain, the St. Paul & Kansas City $142,738,
the "Soo" road $108,276 gain, the Manitoba $115,260
gain (with $56,181 more on the Eastern of Minnesota
and the Montana Central) and the Wisconsin Central
$80,407 gain. There are only four small lines in this
section which fall behind.
January.
Chlc. Mil. A St.Paul
Iowa Central
Mll.L.S.AWest...Milwaukee A Nor.
.
lUiun. A St. Louis..
St. Paul ADuluth.St. P. Minn. A Man.
Total.
1830.
$1,795,000
119.166
220,902
97.300
113.192
8^,829
509,377
3,043,765
1889.
%1,656,909
110,392
173,226
79,987
83,390
60,119
394,117
3,657,138
1,452,046
98,272
131.526
67.866
88,600
64.611
483,421
1887.
t1.490,239
109,448
149,086
04.482
117.846
98,857
459,261
3,S83,24ll 2,489,206
»
1,445.174
82.907
97.079
40,038
73,895
57,122
405,639
2,201,654
1886.
t
1,517,397
88,247
74,209
39,070
122,662
81,380
462.125
As regards the trunk lines and the Middle Western
roads, we may say that the New York Central, the
Wabash, the new Big Four, the Grand Trunk of Can-
Fkbeuary 15, 1890.J THE CHROiSACLE. 227
ada, the Chicago & Atlantic, the Toledo St. Louis &Kansas City, and many smaller roads, all reflect very
considerable improvement. Ou the other hand, the
Ohio & Mississippi and a dozen or more other but
mostly small roads record diminished earnings. TheMackay roads suffered because of a strike early in the
month; the Peoria Decatur & Evausville and the Evans-
ville & Terro Haute have gains notwithstanding that
fact; but the Evausville & Indianapolis and the Louis-
ville Evansville & St. Louis fall behind. Further east
the Buffalo Rochester & Pittsburg also loses because of
a strike—at its coal mines.
Januiry. 1890. 1889. 1888.1 1887. 1886. 1885.
( » < 1» $ »
Balt.&O. Southw. 1M.85? 179,905 170,900^ 182,861 145,666 168.238Chicago* Atl 821,566 160.651 1*9.729^ 138,655 106,398; 128.011Chloago * Bast. 111. 821.5M 216,816 205,369, 183,476 tl36,883 1 127 ,034
ChlcAWest.Mloh. 93,631 91,681 87,884 81.859 83,834 74,928Det. I^anslDK & No. 73,684 71,197 64,770^ 74,417 72,827 73,9-49
KTansT.A Terre H. 71,008 66,653 64,246, 54,610 46,283 61,423FUntiP. Marq.,,. 826,517 202,062 191,306 172,904 152,094 143,850Grand Rap. A Ind." 195,460 206,513 l»»,735 179,622 143,279 131,699Gr. Trunk of CanI
.
1,647,767 1,568.178 1,427,563 1,407,902 1,288,359 1,375,998N.Y.Cent.&H. R.. 2 923,406 2,710,160 2,716,704 2,714,710 2,295,096 t3,091,42-JOhloAMlss 315,692 318,922 304,837
1
295,210 274,180 300,301Tol.i Ohio Cent.. 96,741 81,456 108,212| 86,956 62,002 74,346
Total a,28J,700 5,877,124 5,68-2.834 5,574.990 4.793,899 4,731,906
All lines, t Chlciuco i Indiana Coal not Included hero.; west Shore not Included here. I Five weeks In each year.
We have already referred to the causes which haveaffected the earnings of the Pacific roads. It will be
interesting to have this comparison on some of themextending back six years.
January 1890. 1888.It* t tAtlantic & Pac.... I 193,156 275,635 229,848 207,564Canadian Paclflc..[ 972,000 807.938 801,205 :e43,493Northern Paelflc. 1.138,885| 1,183,398] 703,6O7| 671,121
Total ' 2.304,041 ! 2,886,9711 l,784,6<lol 1,42^,478
1887. 1888.
f
94,294
600,358 423,764
480,330 563,682
1,074,983'
GSOSS EARNINOS AND HILBAOS IN JANUABr,
Name of Road.
Anniuton & Atlantic.Anniatou & Ciuciuu'tlAtcU Top.&S.Fe....'4Atlantic & DauvillcAtluQla &West I'oiut.Atlantic & PacificBait, ii Ohio Southw.Binu.Selma & N. Or.
.
Buff. Uocb. &PUts...Burl, it N' westernBurl. & WesternCanadian PacificCape Fr. & Yad. Val..tCentral VermontChatt. Hume <k Col. . .
Clie-sapeake i Ohio6.dies. O. & So. W'uChic. <t AtlanticChic. & East. Ill'sCliic. Mllw. &8t. P...Chic. & Ohio Kiver. .
.
Chic. St. P. & Ktvu. C.Chic. & West Mich...Clu Georg. & Ports. .
.
Cln.Jack. & Mack...Clu.N. Orl.&Tex. P..Ala Gt. Southern...N.Orl. & Northeast.Ala. & Vicksburg...Vicks.Shrev.iPac.
Clnn. Nortlnve«t«rn..Cln.SclmaA: Mobile..Cln.Wnlp. ikMichClov. Akron .k ColClov. Cin Ch. &Ht. LClev. & MariettaColorado MidlandCol. & Cin. Midland..Colusa ife LakeCovington <t Macon.
.
Day. Ft.W. (kChic...Denv. <fc Rio Grande..Den.Tex.&Ft.W'th...Det. Bay City Ac Alp.
.
Det. Lansing & Nor ..
Dul, So. Shore & Atl..E.Tenn.Va.&Ga....Evans. & Indlanap. .
.
Evansv, & T. Haute..Flint & Pere Marq . . .
.
Flor, Cent. iStPeuln...Fort Mad. &N'west'nGeorgia South. A FlaGr.Kanids & Indiana.Cin.Kich.&Ft. W..Other lines
fGr.Tr. of Canada....tChlc.& Or. Trunk .
tDct.Gr.Uav.&MU.Gulf & Chicago..
Oroaa Eanungt.
1890.
8,20,^12,232
2,137,49537,00050,655193,156194,852
2,200115,347
4,2154,471
972,00039,762
379,69332,500
582,000174,206221,595221,544
1,795,0005,808
334,69693,5343,702
42,443358,691177,353104,71968,3is66,5122,2567,548
37,56460,937
956,54619,033
133,32129,5061,241
1
13,36939,540!
595,300247,304'40,00073,584!
119,899,584,80918,92171.008
226,517121,156
1,74551,002
153,10229,05113,307
1,647,767355,17189,8483,273
1889,
$8,2138.106
1,732,95721,50048,266
275,635179,905
1,835183,387
4,8623,449
897,93834.786
337,44016,012
443,000170,326169,651216,846
1,655,9097,872
191,95891,6913,976
43,392319,378160,799100,80856,85353,6241,410
11,86736,47551,194871,21319,740113,05427,3501,5078,236
36,932572,592190,53738,91571,19797,386
492,02521,6546d,.^53'
202,062109,742
2,11514,520
160,76530,87013,877
1,563,178286,25186,1474,243
Tuerease orDecrease.
-38+4,126
+404,538+ 15,500+ 2,389
—82,479+ 14,947
+365—68,040
—647-1-1,022
+ 74,062+ 4,976+42,253+ 16,488
I 139,000-I 3,880+ 51,944H 4,698
t 139,091—2,064
-1142,738-1-1,843-274-949
+39,313+ 16,5.54+ 3,911
T 11,465+ 12,888
(846—4,31941,089+ 9,743+ 85,333
—707-1-20,267+2,156—266
+5,133+2.608+ 22,708+56.767+1,086+ 2,387
+22,513+92,784-2,733+4,455
i 24,455+ 11,411—370
+ 37,382-7,603!-1,819-570
+ 84,589+ 68.920+ 3,701—970
MUea:if
1890, '1889
5335
6,52915186
81528120
29452105
4,957245488140015,398'269;470
5,67886
79041442
344336295196143
1
170!
53!165194
1,4991062677022107259
1,494856232323522
1,20915015637957445
2104098663
3,48733518963
5335
6,5321518681528120
29452105
4,660234488140754398269470
5,67086
79041442
344336295196143170
867
165194
1,4991062677022
107259
1,467856226323522
1,14015015637957445
1524008663
3,41933518963
Name of Road,
Ilumeaton & Sbenllllnoi« Central e
Cedar Falls &. MinnDubuque Si Sioux C.
Ind, Doe. & WestIowa CentralIron RailwayKauawba & OhioKan. C. Clin. ASnr...Kan.C. Ft, S.&Mem..Kan,C. Mem. &Blr...Kan.C.Wyan. djN.W.Kentucky Central.. .
Keokuk & Western. .
.
Kingst. & Pembroke
.
Lake Erie All. & So...I.like Erie &. Western.Lehigh <St Hud. River,Little Rock & Mem .
.
Long IslandLoulav. Evans. <Sc Bt.IiLoulsv. & Nashville.Louts. N.Alh.A Chic.Lou. N. Orl. &. TexasLoniflvUle Southern.Mempb. & Char'stou.Mexican CentralMexican NationalMexican Kallway...Milw. L. Shore &W...Milw. <fe Northern
.
Mineral RangeMinn. & St. Louis.jMinn.et.P.&.S.SteMMo. Kans. & Texas..Mobile* OhioNash. Cbatt. & St. LNow Orleans & GulfN.Y.Cent.&Hurt.RivN. Y. &NortlicruN. Y. Out. & We.st ....Norfolk & Western ..
Northern Pacificf Oldens. & L. Cham,.Ohio & Missis.sippi...Ohio & Northwest'n..Columb. & Maysv..
Ohio RiverOhio SouthernOhio Valley of Ken..Poo. Dec. & Evansv..Pltt9b.& Western....Quin. Omaha &K.C-.Richmond & DanvilleVirginia Mid. Div.
.
Char. Col. & A.Div.Col. & GreenV, Div.West. No. Car. Div.Georgia Pac. Div...Wash.Ohio&N.Dlv.Ashe, it Spar. Div..
Rio Grande Western.Rome it DecaturSt. Jos. & Gr. Island..St, Ii.Alt. &T.H. BrsSt. L. Ark. & Texas..St. L. Des M. & Nor.St. L. & San Fran'scoSt. Paul&Duluth....St. P, Miun, & Man...Eastern of Minn.. .
Montana Central..San Ant. & Arans.P..San Fran.A Nor.Pac.
.
Hav. Amer. & Mont. .
.
Scioto ValleySeattle L. 8h. & East.Shenandoah Valley..South CarolinaStaten Isl'dfiap. Tr..Tennessee Midland..Texas tfePacifloTol. A. Art), & N. MlebTol. CoL & ClnnTol. AObio CentTol. & Ohio Cent. ExtTol. Peo. AWestTol. St. L. & K. City .
Wabash (consol. sys.)Western of Alabama.West, N,Y,&Pcnn. ..'
West Virginia Cent, ..
'
Wheel. & Lake Erie..Wisconsin Central. ..
Oroii Bamingt.
1830.
913,000
1,180,68315,242:
143,28130,256
119,1653,014
1
22,098
1
21,990j384,304118,77051,300,71,442,30,633!9,1754,500
218,17523,34257,848
203,59576,834
1,569,92015i,218361,2973-i,960
172,102553,640329,469275,146220,90297,3008,120
113,192201,351839,764292.046308,58614,686
2,923,40642,602
120,314494,243
1,138,88562,311
315,09215,687
61344,60144,96615,00758,006
162,02118,026
525,300l173,80082,70078,1007-1,900
187,0008,.300
10,450107,375aaoo
136,05194,993
360,1175,273
454,04088,829
509,37741,65974,522
129,96235,48022,447i50,08822,83991,000
137,000!51,500l17,097
621,28980,894!20,825:95,7418,270
71,699120,351
1,121,90961,530
252,70068,05982,734
330,995
1 aaa Jnatate orxtsav. Deere<ue.
910,829
1,127,1466.852
120,89634,579
110,3924,436
21,63718,886
357.24890,47626,43068,81826,5599,8145,345
186,45417,87263,269187,74887,680
1,393,847156,272250,98632,527162,520495,156287,637308,334173,22579,9878,515
83,39093.075
470,842284,202293,08015,459
2,710,15042,910104,567382,243
1,183,39847.857
318,92213,799
72038,09346,1268,731
57,304169,59920,133
440,800136,90083,56668,96772.467
l'.i6,7306,8719,317
113,0254,000
87,87678,603
205,8014,531
424,70560,119
394,11715,94744,05379,69943,41815,07250,80118,2275-^,000
134,58849,94211,964
529,79466,93817,40081,4566,926
68,01167,999
898,63860,021
247,29061,02073,045
250,588
MiUage.
1890. 1880
9-•2,171
+ 63,537-1,610+22.425-4,323+ 8,773-1,422
4 461• 3,101
H 27,056i 28,294(24,870+ 2,504I 4,074—639—845
(31,721( 5,470—5,421+ 15,8-47-10,852+ 171,073+ 1,946
+ 110,311+433
(9,582+ 58,484+ 41,832—33,188-{ 47,677+ 17,313
—395+29,802(108,276+ 168.922
+7,844+ 15,.506
—773(213,256
—308(15,747
+ 112,000— 44,513(-14,451—3,230+ 1,888—107
+6,508—1,160+6,276+ 702
-7,578l—2,107(84,500-1-30,901)
—806+ 9,133+6,433+ 60,270(-1,429+ 1,1.33-5,0.30+4,900(48,175+ 10,390+91,3! 6
-1-742
+ 29,335+ 28,710+ 115,260+ 25,712,+ 30.469+50,263-7,938+ 7,375'-713!
+ 4,612+ 39,000!12,412+ 1,558!+ 5,133!+ 91,495+13,956!+3,425+ 14,285(-1,344: 3,688
+ 52,35-i+223,271
H 1,509+ 5,410+ 7,039+9,689+ 80,407
952,2751
laB34|15250020
I29I163671!27516225414811361
58963
135361300
2,192538658101330
1,5271,21829360030317
351789
1,80668765268
1,42061
327602
3,59011862310619
215128912563671347403.553932962875185066,
36965
447!242
1,26242
1,329247|
3,03070
178'
463,16013413190
255,247124'
135'1,497!253
1
43235,51
247451!
1,927!1386781222378281
952,197
765M15250920ISO16867127513825414811361
58963
135357300
2,121938570101330
1,3971,218293660SOS17
351789
1,68168769068
1,42061
320554
3,44711862310619
215128912563671347403553932962873775066
36065
447242
1,26242
1,329247
3,03070
1774131311101317225524724
1351,4972344323545
247310
1,95013865894187818
Total (154 roads). . 34,292,250 30,289,211+4,003,039 83,983 82.040
\ For five weeks ended Fob. 1. 6 Richmond & Alleghany includedin both years. 1 Four weeks ending Jan. 25. a Whole system, ex-cepting lines half owned.
AUSTRALIAN FEDERATION.It now begins to appear as if the principal of federa-
tion were to take a practical shape in Australia. OnThursday of last week what is called a Federation Con-
ference was formally opened in Melbourne. The im-
mediate object of the gathering is the preparing of the
way for the ultimate union of the Australasian col-
onies.
Such a union has long been commanding attention,
imperial federation being a part of this Australian
movement. It is now several years since the British
Colonial Institute seriously took into consideration the
228 f THE CHRONICLK [Vou L.
necessity that existed for a closer alliance between the
mother country and her numerous and widespread col-
onies and dependencies. The possibility of a European
war—a possibility which has been ominous for many
years past—which could hardly fail to become world-
wide in its sweep, created anxiety as to the safety of
far-distant possessions ; and numerous addresses
were issued by the Colonial Institute, showing
where danger existed, how the difficulties could be met
by a wider distribution of responsibility, and what
advantages would result to the colonies and dependen-
cies themselves, as well as to the empire at large, by
their taking a more direct and more immediate part in
the defence of their own coasts and territory generally.
Out of the Colonial Institute has grown the Imperial
Federation League—an organization which has for its
immediate object the cultivation of a sentiment in favor
of federation on a large scale, and has for its final object
the bringing together, and forming into one grand fed-
eral unit, whatever is British in territory and population
in any part of the world. In other words, the ultimate
aim of the Imperial Federation League is to collect the
loose and scattered possessions of the British Crown into
one grand federal empire, in which there will be com-
mon privilege and coinmon responsibility, and of which
the great heart will be in London.
One of the first fruits of the Imperial League was the
convention or conference which met in London in 1887,
a conference composed of all the most eminent available
men in the colonies, as well as of many prominent lead-
ing statesmen of the mother country. One of .the im-
mediate results of that conference was an arrangement
between the mother country and Australia, whereby
the latter, under certain conditions, assumed the respon-
Bibility of guarding her own coasts. New South Wales
had already some years before revealed her sym-
pathy with the federation sentiment by sending a
contingent to the Soudan; and in 1885, by consent moreor less general, what is known as the Federal Council
of Australia was established by the British Government—a council rather deliberative than legislative, having
in fact only a very limited legislative authority. TheFederal Council has not been a success. Having little
other active purpose than the mere exchanging of views,
it has degenerated into a mere debating society. T he ne wmovement which has resulted in the present conference
has been brought about mainly through the instru-
mentality of Sir Henry Parkes, the' able and accom-plished Premier of New South Wales, and one of themost experienced, as well as most successful, of Aus-tralian administrators. He had, moreover, never beensatisfied with the Council. It was to him a useless anda meaningless institution. Towards the close of last
year Sir Henry issued an address to the Premiers of
the other Australian colonies, suggesting the proprietyof a Federation Congress. It was feared at the timethat the suggestion might fail to find favor with Vic-toria, because it came from New South Wales ; but Sir
Henry's reasons were substantial, and the suggestionhaving found favor with the different local governments,the Conference is an accomplished fact.
It is not certain that the assembled delegates will ef-
fect any immediate result in' the shape of actualfederation. In the way of the contemplated unionthere are undoubtedly many difficulties—difficultieswhich if imperfectly considered or forced unwisely into
the background might harm the enterprise. The diffi-
culties, however, are not insuperable ; and if they areto be seen in their true magnitude, or if they are to be
removed, the Conference furnishes the most effective
means for the one and for the other. It will be won-
derful if the Conference shall accomplish the main
purpose for which it has been convened. If the dele-
gates agree as to the desirability and practicability of a
federal union, leaving the completion of detail to &
future meeting, they will have done much. But we are
not inhibited from considering the agreement to feder-
ate a possibility at the present meeting. Perhaps the
greatest difficulties are connected with the tariff regula-
tions, which it is known are not the same in all the
colonies. But tariff regulations it would seem ought to
be left for settlement after federation is accomplished,
and by the legislative body which such a union would
bring into existence.
The advantages which must ultimately result from
the success of the present movement would be numer-
ous and are evident. The Australians, furthermore,
are not undertaking a wholly untried work. They have
the example of Canada, which will in some measure
guide them. They have also in other particulars the
example of the United States. Of course, if the effort
prospers, it give will new vigor to the movement for an-
other and greater union. Federation of the Australian
colonies will, it is thought, be a long step towards im-
perial federation. Sir Henry Parkes himself, speaking of
the larger union, says: " It must come—a year or two" later possibly—but in any case soon. " To us, however,
there seem to be greater difficulties in the way of the
larger than of the lesser federation. But a feasible
imperial federation is by no means an impossible con-
ception.
[From our own correspondent.]
London, Saturday, February 1, 1890.
A million of gold from Russia arrived in London at the be^
ginning of the week, and was sent into the Bank of Englandon Tuesday. In consequence there was a decided fall in rates.
On Tuesday, the first day of the fortnightly settlement, StockExchange borrowers were charged about 6J^ per cent, being
about }4 per cent less than a fortnight previously, and in thediscoimt market short loans were made at from 5 to 6 per cent.
The rate of discount in the open market fell even more, busi-
ness being done at less than 4 per cent. As a natural conse-
quence gold shipments began again, £100,000 having beerk
withdrawn on Wednesday for South America. And rumor*were circulating that about half a million more would be taken
in a few days. This caused an immediate rise in the rate ofinterest, especially when the Bank of England continued to
charge 7 per cent for all loans made by it and 8 per cent
where the borrowings were exceptionally large. On Thurs-
day 7 per cent was the usual charge in the outside market, yet
the rate of discount recovered only to about i}^ per cent onThursday, advancing yesterday, however, to 4J^ per cent.
Bill brokers and discount houses in this state of things are
complaining bitterly of the action of the Bank of England.
They urge that the directors ought not to use their privileged
position to squeeze the outside market, especially as the re-
serve is now nearly 13}^ millions sterling, being over 48 per
cent of the bank's liabilities. Tliese complaints are natural,
for the billbrokers -and discount houses have be?n losing
heavily for months past. Since Christmas they have beenborrowing from the Bank of England at about 7 per cent, andfrom other banks at from 6 to 7 per cent, and yet they havebeen discounting at from 4 to 4J^ per cent, and for fully three
months before Christmas they were also discounting at from1 to 2 per cent less than they were paying for loans. Thelosses now must in many cases be very heavy, but they haveonly themselves to blame, and prudent bankers generally, as
well as the press, are urging the Bank of England not to yield.
Except the million which has been brought from Russia,
which was an entirely exceptional operation, less gold has-
been imported since the Bank rate went up to 6 per cent than
has been sent abroad. Leaving cut of account, therefore, the
February 15, IfctO.i THE CHRONICLR 229
Kussian gold, the increase in the Bank reserve is entirely due
to the return of coin and notes from the circulation, and it is
known that coin and notes will go out again in very large
amounts in April and May. Therefore, if the Bank were to
yield now, gold shipments would begin upon a large scale, and
the market by-and-by would be in a worse position than ever.
The stringency in Buenos Ayres is such that merchants say
there is a profit of fully 4 per cent in taking gold rather than
in drawing bills for the payment of produce there. And there
is fear, too, that the great French banks, which usually employ
in the London discount market 5 or 6 millions sterling maywithdraw gold when the French funding loan is brought out
by-and-by.
The Bank of Bombay on Wednesday raised its rate of dis-
count to 10 per cent; yet the price of silver, which on the pre-
vious day was in London 44Jgd. per oz., fell to about 44f'8'd.
The explanation is that, as there is no silver actually for sale
in London at present, purchasers would not be able to ship for
ten days or a fortnight. It takes about three weeks to get the
metal out and about a fortnight to get it coined, and there-
fore it would be six or seven weeks before the money would
be available for actual employment. But by the end of Marchit is expected that the Indian money market will become easy.
Besides, the purchasers both of silver and of India Council bills
and telegraphic transfers have been very large for a considera-
ble time past.
The arrival of the Russian gold and better prices from NewYork caused more active business in the market for Americanrailroad securities here upon Tuesday than there had been for
many weeks previously. Operators hoped that the stringency
was at an end, and that there was to be a sharp rise in NewYork. Besides, they were encouraged to deal by the discovery
on the first day of the settlement that the accounts open for
the rise had been considerably lessened. Indeed, those whoborrowed from the banks in the hope of employing the moneyon the Stock Exchange at 8 or 9 per cent found themselvesdisappointed; the rates were decidedly easier than a fortnight
ago, and in many cases they were unable to employ all the
money at their disposal. But the renewal of gold shipmentsand the break in New York stopped speculation. Still, thetone is better than it has been for many weeks. On the otherhand, there has been a general and considerable fall in British
railway stocks. The chief cause is the high rates chargedupon carrying over; but besides there is disappointment felt
both with the dividends as yet declared and. with the traffic
returns. Every one foresees, too, that the working expenseswill increase largely this year, and the public is not investing
on the scale expected. Lastly, the break in the iron marketand the continued fall in nitrate shares has involved manyspeculators in losses that have compelled them to realize the
most salable stocks. Reports that the French Government is
now inclined to assent to the conversion of the Egyptian pref-
erence debt caused a rise in Egyptian securities; but generallyspeaking the foreign market is inactive.
During the past day or two there has been a sharp rise in
Peruvian bonds. Yesterday morning the bondholders' com-mittee issued a report showing the results of the Grace con-tract. That contract, as already explained in this correspon-dence, has been under consideration for about three years andwas secured through the perseverance of Mr. Grace, of thefirm of Grace & Co., of New York. The bonded debt therebyprovided for covers two issues of bonds by Peru. One for
£11,141,580 six per cents, issued in 1870 (the coupons due Jan-uary, 1876, and since that date being in arrears), and the otherfor £21,546,740 five per cents, issued in 1872, the coupons beingin arrears from same date. The former was for the construc-tion of two railroads and hypothecated the national credit,
the customs duties, the railways to be constructed, and oneroad already constructed, besides proceeds of certain guanosales. The later issue was for the redemption and conversionof two old loans and hypothecated all deposits of guano,and especially proceeds of the exportations of guano,railway, custom-house receipts, irrigation works and all the
revenues of the Republic. I mention these details becausethey in some measure explain and give the reason for the
present concessions. According to the terms of the new ar-
rangement. Chili hands over to the bondholders certain de-posits of guano for eight years and engages not to sell anyherself for four years. She likewise hands over the moneylodged in the Bank of England, and 80 per cent of all themoneys received for guano since February, 1882. Pera con-
cedes an annual subsidy of £80,000 for thirty-three years, tbarailway systems of Peru for sixty-six years, the guano in Pe-ruvian territory, a grant of about five million acres of land,
tlie silver mines of Cerro de Pasco, and concessions to build
two railways. The Peruvian concessions are estimated to
yield about £366,000 a year. It is proposed to found a newcompany, with a capital of 16% millions sterling, 7J^ millions
in 4 per cent cumulative preference shares, and 9 millions ordi-
nary shares. The bondholders exchange their bonds for folly
paid-up shares in this company.Nitrate shares have again fallen heavily this week, tho
heaviest decline being in Primitiva Nitrates. Within a fort-
night those shares fell from about 21 to 14, and in about twelre
months they have fallen from 88. The producing comi)anies
just before Christmas entered into a combination to restrict
production and raise the price, but they have quarrelled
among themselves and have not carried out the agreement.
The stock of nitrate is therefore rapidly increasing, and the
consumption is rather declining. Unless, therefore, they
come to some arrangement it looks as if they would be unableto pay dividends this year. Yesterday afternoon there was amarked recovery in the shares, Primitivas going to 17%.The stringency in money has caused another heavy fall in
pig iron this week, from a little under 60 shillings a ton at
the close of last week to a trifle over 56 shillings now. Andthe market is reported weak. Speculation drove up the price
too rapidly, and a reaction in the present state of the moneymarket was inevitable, but it seems to have been aggravated
by losses on the part of some large operators from the fall in
nitrate shares.^
The weaving branch of the cotton industry is much embar-rassed by the rise in raw cotton. Owing to the glut of the
markets in the Far East it is impossible to advance the prices
of piece goods, and therefore weavers complain that they are
losing heavily at present. Within a mouth raw cotton in
Liverpool has risen about 10 per cent. On the one side it is
asserted that the best information from New Orleans proves
that the American cotton crop is smaller than it was believed
to be a little while ago, and that therefore a rise is necessiry ;
on the other side, it is asserted that the advance is manipu-lated, that the parties who cornered the market last year are
repeating the operation now, and that they have arranged aplan by which they hope to keep cotton artificially dear, at
least until August. There apx>ears to be no doubt that a comeris being attempted. But the stock of cotton in this country-
is larger now than it was twelve months ago, and manufac-turers have supplied themselves more fully. There is an agita-
tion, therefore, for working short time to defeat the comer,and it is said that the workpeople would gladly fall in withthe proposal. But as yet the majority of manufacturers are
not inclined to agree.
The wheat market continues dull. The weather is exceed-ingly mUd, and consumption does not increase.
The rates.for money have been as follows
:
Condon
Dbo. 27
Jan. 3•• 10" 17" 84" 81
^
Open market rata.
Bank BUls.
Three Four SixMonthe Months]Months
Trade Bills.
3»>4iH» -IW® -5 « -4«» -4Ha -
Three four SixMonthsl Months Months
3^®44Ma -
4!^® -
4«a -
4xa -
3M«4 |4 •4M 4 a4M^4 S4^
4>»« - 4'a-» — |»5«iS 4Ml»54^^(9-19 (aBM,4»«SM4«l»B»
r•
4Ha64Mft5
InXerest aUawtdfor deposits by
ifotnt
Stock
Banks.
3H4
4
4
4
4
Disc't WmAtCalL
Itot*
ansa
4J4-4X"I4M4«-4«
The Bank rate of discount and open market rates at the chie
Continental cities now and for the previous three weeks havebeen as follows:
Bates of
Interest at
Paris
Berlin
FrankfortHambargAmiterdamBnuaelsMadridViennagt. Petersburg..Copenhagen
January 31.
BankRate.
3
5
S
9
2M4
4
4WSW3«
openMarket
S«
3
8MSH4
4
e
fa
January 34.
BankBate.
3
9
9
9
»«4
4
4«6«8W
OpenMarket
9H4
3?,
2X8^4
46
3M
January 17
BankBate.
3
9
9
S
2W4
4
9
an
OpenMarket
2W4H
4H»HSH4
4X6
an
January 10.
BankRate.
3
9
9
9
SH4
4
8
tia
4
OpOlt
Marlut
Hi4
4M
2M
«
a«
The following return shows the position of the Bank o*
England, the Bank rate of discount, the price of consols, &C.,
compared with the last three years:
230 IBE CHRONICLE. LVoL. U
Clrealatlon
Public depoHlUOther depofllU
QoTemmont geenrities
Other seourlties
BeaerveOoln and bullion
Prop, uaets to liabilities . .per cent.
Bank rate per oeat.
ConsolsOlearinK-House return
1890.
£23.B26.480
7,eas,2s8
23,ii37,167
U.«e3,i80
21,0«»,521
13,404,566
20,730,306
^SH6
07 7-10
121,091,000
£28,270,776
6,396,171
24,797,271
14,561.197
20,321,808
11,045,987
21,618.762
ilH3
im150,503,000
1888.
£23.670,780
5,358,289
28,171.915
15,836.337
18,978.771
13,017,754
21,118,514
anS
1887,
£23,913,628
3,670,220
23,851,170
13,531,806
18,038,6»2
13,235.368
21,128,978
17«1
152.516,000 118.212,000
Messrs. Pizley & Abell write as follows :
Gold—There Is still no demand for gold, excepting la fmall quantittf s
lor India, and tbe Bank has received slnie our last £1,174,000. In this
amount Is Included £997,000 from Kussla. wlilcb had been expected
dally. A sum of £1C0,000 has been withdrawn for shipment to Lisbon
and South Amerlon. Arrivals- From Central An.erlca, £4.0C0; Sydney, £14,000; Natal, £8,000; Elver Plate, £76,000. Shipments—PerArcadia to Bombay, £10,000.
Silver—PracticuU> what was said a wet k ago about sliver applies now.
After the fall last week came a quick rise to 44^ed.; but tben large
amounts were reported to have been offered, and as there were no buy-
ers pending Council allotments, any amounts forced for sale had to
submit to a reduction. To-day's prices are a gain steady, and there are
buyeraat44»6a.—Arrivals—From New York, £111,000. Shipped—ToIndia, per Aicadla, £271,500; per Rome, £231,000.Mexican Dollars—Have been variously ciuoted, and have greatly de-
pended on silver. They are now 43%>1. nearest. £5,00o has comefrom New York. Shipped-Ptr P. & O. steamer to Fenang, £31,800.
The quotations for bullion are reported as follows:
GOLD.London Standard.
Bar gold, tins. ...01.
Bar gold, oontaln'g
80 dwtg.sllver.oi.
Bpan.doubloune.os.
6 Am.doubloons.og.
.Tan. i Jan 23.
<. d. ». d.
77 9 77 9
77 10 77 10
SILVER.London Standard.
Harallver oi.
Bar silver, contain-ing 8grs. gold. oi,
Cake silver oz<
Mexican dolfl ok*
d.
*4«
45
43^
d.
41 9-13
41 16-16
48 l-!6
The following shows the imports of cereal produce into theUnited Kingdom during the first twenty-one weeks of the
season compared with previous seasons:
1889-90, 1888-9. 1887-8.Wheat OWt. 24,078,734 27,101,393 21,041,553Barley 8,290,863 10,092,342 8,683,192OatB 6,025,6.'<6 7,453,459 7,488,300Peas 736,716 910,878 1,524,754Beans 1,491,<'83 1,198,145 1.019,513Indian com 11,944,602 9,712,004 9,770,8S9Flour 7,135,038 6,452,814 7,800,396
1886-7.
19,968,6189,9.!7,1916,614,4081,021,0121,046,>,20
10,071,8886,529,461
Supplies available for consumption (exclusive of stocks onSeptember 1);
1889-90. 1888-9.Importsofwheat.owt. 24,078,734 27,101,393Imports of dour 7,135,038 6,452,814Sales of home-grown. 22,369,514 15,155,803
1887-8. 188fc-7.
21,011,553 19,968,6187,800,396 6,529,461
17,990,533 15,262,546
Total 53,583,286
1889-90.Aver, price wheal week.Sf s. Id.
prise wheat seasan.SOs. Od.Av.
48,710,010
1883-9.
308. Id.329. 21.
16,832,482 41,760,t25
1887-8. 1SS6-7.
30e. lOd. 35j. 5
1
303. la 32?. 5d
The following shows the quantities -of wheat, flour andmaize afloat to the United Kingdom:
Wheat ...qrs.Flour, equal to jrs.Halze. ars.
This wui.1,759,500295,000b 70,500
Last Keek.
1,801,000282,000412,000
1889.
2,115,500200,000312,000
1338.
1 227,500172,OPO319.000
Engllsli Financial Markets—Per Cable.
The daily closing quotations for securities, &c., at Londonare reported by cable as follows for the week endingFebruary 14:
London.
Silver, per oz d.Consols.new 2% perots.
do for accountFi'oh rentes (in Paris) fr.
tJ. S. 4ia8of 1891n. S. 48 of 1907CJanadian PacificOhio. MU. & St. Paul....minois CentralLake ShoreLouisville & Nashville..Mexican Central 4sN.Y. Central & Hudson.N.Y. Lake Erie & West'n
do. 2il cansNorfolk ife Western, prefNorthern Pacillc, pref
.
PennsylvaniaPhiladelphia & Reading.Union PacillcWabash , pref
f £x-rights.
Sat.
4438971,6
87-67Ia106%125%76 1«7134122lt991ifl7178
IO9I427=8103%6477563S21386933%
Hon. Tuei,
4438973,e979,817-8010712676>47078122I087e9171%108782738103%63%77sen211468 »s3314
44973,6979i6
87-7510712876587118122108%917210(?%27 13103%63 'e767856I42114683833 14
Wed. Thurt. iy\.
44975,697n,„
87-77ia10678125'877I47068121%108 1390=87214
iOSifi27 »8
103%633876I450i«2058673832-=8
43 ^e977,
»
9711,^87-901C6''8
1257a7770%
xllH108%190317238
1083427 14103%633876 Ja
5620%67%33
4358975,6979,6
87-95106'81257877701a1181a1081a917238109
! 27381033463347631557a201a67ifl
32%
^ommcxcinl mi& W^iBctUuneoxxB M^vts
National Banks.—The following national banks have
recently been organized :
4,227—The Somerset County National Bank of Somerset, Pa. Capital,$50,000. Charles J. Harrison, Pretldcnt; Milton J. Prltts,Cashier.
4,226—The State National Bank of St. Joseph, Mo Capital, liil,000,000.
Charles B. France, President; Ernett Lindsay, Cashier.
Imports and Exports foe the Week.—The imports of
last week, compared with those of the preceding week, showan increase in dry goods and a decrease in general merchandise.
The total imports were $9,561,103, against §9,918,563 the pre-
ceding week apd §9,034,306 two weeks previous. The exports
for the week ended February 11 amounted to $5,708,733.
against 7,164,963 last week and §6,348,554 two weeks previous.
The following are the imports at New York for the week end-
ing (for dry goods) Feb. 6 and for the week ending (for gen-
ral merchandise) Feb. 7; also totals since the beginning of the
first week in January.
rOBEIGN IHFORTS AT NEW YORK.
For Week.
Dry GoodsGton'lmer'diBe..
1887. 1888. 1889. 1890.
TotalBmce Jan. 1.
Dry GoodsSen'lmer'dlse..
rotal,6 weeks..
J3,895,0785,666,026
$9,583,474 $9,545,125 $10,413,880 f9,561,102
$3,156,263 $3,639,a286,427,206, 5,905,797,
$3,595,946,6,817,934
$17,636,573 $19,170,075 $19,580,106 $20,461,88133,788,269| 36,655,898] 40,890,318. 35,686,658
$51,424,842; $55,825,973! $60,470;424! S56,148,539
The following is a statement of the exports (exclusive
of specie) from the port of New York to foreign ports
for the week ending February 11 and from January 1 to
date:
EXPORTS FROM NEW YORK FOR THE WEEK.
1887. 1888. 1889. 1S90.
For the week....Prev. reported..
$5,192,30827,186,624
$6,109,40829,706,286
$5,976,71834,8t'5,706
$5,708,73332,754,474
total, 6 weeks.. $32,378,932 $35,815,694 $40,812,424 $38,463,207
The following table shows the exports and imports of specie
at the port of New York for the week ending February 8 and
since January 1, 1890, and for the corresponding periods in
1889 and 1880 :
EXPORTS ANU IMPORTS OF SPECIE AT NEW YORK.
Gold.Exporlt. Importt.
Week. Since Jan.l. Week. Since Jan.l
areat BritainFrance .. ..........
$1,300
1,730
$28,018
l'62,8's'9
1,50069,155 $V,8V8
C6,000
$68i,i:'9'6
Germany..... ........53.654
Mexico .... ........ 2,200South AmericaUl other countries...
27.469159,944
Total 1890Total 1889Total 1888
$3,030351,500307,900
$201,5121,346,6251,277,585
$70,818179,656110,537
$924,5576S9,046381,291
Silver.Exports. Imparts.
Week. ilineeJan.l. Week. Since Jan.l.
Great BritainFrance ...... ........
$345,301'
'3,616
$2,949,79719,000
'17,682
"5,6'9'6
1
'$7,50'6
""s'l's19,664|
$64,7571,351
Gei*many..... ........ 9,77347,519
Mexico ... -. ........ 2,377South AmericaAll other countries...
16,72748,810
Total 1890,Tota 11889Tota]l833 . ,..
$349,910li:5,ft85
203,820
$2,991,5691,913,3251,479,816
$28,0098,697i3,848
$191,314141,970143,926
Of the above imports for the week in 1890, §67,500 were
American gold coin. Of the exports during the same time,
$1,730 were American gold coin.
Summit Branch—Ljkens Valley.—The following is a state-
ment of earnings and expenses
:
summit branch.
Receipts from coal, 4c $1,191,142Expenses, mining, shipping, taxes, <&c 1,124,691
$66,450Interest on funded debt - 80,500
Loss on oiieiations for the year $14,049
LYKENS VALLEY.
Receipts for coal, &o $922,190Expenses, mining, sUipping, taxes, &o 941,055
Loss on operations for the year $19,764
^,^nAKT 15, 18«0.J THE CHIIONICLK 231
Neir fork City Bank Statement for the week ending Feb.
8, 1890, is as follows. We omii two ciphers (00) in all caset.
Banks.(00> ommei.)
Bulk of New York.KanluttJui Co ,
ICarobanta'IfMlianlcs'Amerlo*PhenlxOltjrTnulesnien'BObemloal ,.
Merchantfi* Exoh'ngeeallatln National....Butchers' & Drovere'UeohanlC8' A. TradersGreenwichLeather Mannfaot'rs.SeTenih NatioualState of New York...iUnerlcan Sxobange..OommeroeBroadwayICercanttle.PMlflORepublicChathamPeoples'North Amerloa.Hanover,Irrlng ........Ottlxe.-u>NassauMarket <ft Fulton.....St. NicholasShoe A LeatherCorn fixobangeOontlnental,OrlentaLImporters' <ft TradersParkNorth River .,Ea»t RiverFourth Natioa^l .,...Central Natloi alSeco.id Nitloni,l „.-.Ninth VjMonalFirst NationalThird NationalN. y. Nat'l iSxohangfcBowe^New York CountyGerman.American....Chase National... „ ,.
.
Fifth AvenneGerman Exchange...GermanlaUnited sutesLincolnOarlleldFifth NationalBank of the MetropWest SideBeaboanISixth NationalWestern NationalFlrit Natlonal.B'klyn
Total.
CavUai. Surpliu.
t2,000,02,060,02,000,02,000,03,000,01.000,01,000,01,000,0300,0600,0
1,000,0300,0200,0200,0600,0300,0
1,200,06,000.06,000,01,000,01,000,0422,7
1,500,0450,0200,0700,0
1,000,0600,0600,0500,0750,0600,0600,0
1,000,01,000,0800,0
1.500,02,000,0240,0250,0
3,200,02,000,0300,0760.0630,0
1,000,0300.0250,0200,C760,0500,f100,0200,0200,0500,0800,0200,0150,0300,0200,0600,0
3,600.0300,0
«l,OR(t,
1,309,Hh3,H
1,773,01.7a!J,»551,0
2,34 2,K219,0
6,052,8130,3
1,372.6287,7214,41I«,7601,680,7
477,51,631,53,281,'i1,646,9801,8375.2889,2624,0260.3499.4
1,293,9280,3402,3l95,b897,5200,0248.3
1.1.';0,9
277,03H4,9
4,528.72,197.0
99,3132,8
1,54.S,1
563,7265,5319,4
6,107,8307,4138,44W.2289,6231,875:2,9737,8468,7394,5498,9258.929C,7275,0512,3231,5145,8
a.is.o
718,9
Loam
12,040,09,985,07.630,88,1100.0
11,608,34.044.0
]0,01.'^,i
'.2,210.0
21,3o2,03,761,75,43B,62,020,22,751,01,253,02.990,01,261,13,488.^
17.268,016,800,05,748,88,220.6'A988.711,882,86.708,3•2,378,24.587,8
15,033,43,0'i'2.0
2,862,2'2,667,1
4,040.01,873,22,951,06,490,24,482,52,219,7
22,383,521,494,11,960,41.389,0
17,740,07,724,04,2.')0,0
5,397,823,018,47,371,71,488,32,46'2,02..393,53,0(:0,fi
10,789,34,287,62,911,02,653,74911,02833,52,860,11,662,24,418,22,1'.!0,0
3,514,()
1I,332,(3,875,0
SvtcU.
•2,060.0'2,893.01,739,91,568,02,343,1719,0
6,805,4277,9
6,69'2,0487,9
1,769,8607,7129,0144,3403,7235,9196.2
4,078,03,043,3881,9
1,410,1417,8
2,711,3898,4279,0643.0
3,531,0608,764'2,7
280,5996,9349,0546,0822,9650.9179,5
4,420,65,568,4
10'2,2
232,02,5o5,«1,216,01,321,01,315,63,83!i.2
1.873,9242,4470,0710,0346,2
3,'J31,31,089,9177.7J68,2
1,443,8725.2818,1371,9949,6306,0634,0
2,303,6»10,0
LtvaU.
•630,0770,0736,6617.0666,9317.0803,0286,5
1,287.8656,1429,369,U
516,0103,2201,734,4
309,4777,0
1,436.4324,2931,0243,8546,4080,11l'J2,7.<77,5
701,1184,0171,1279,6127,9121,0317,0220,0698,1260,2
1,640,4895,2131,8143,8
1,333,7760,064,0
368,21,426,9
623,'.!
118,2280,0126.0148,0
1,047.3168,6668,1290,479,6
297,23.')4,0
224,5274,9248,0632,0
336,194,0
Dtvotitt.
60.862,7 57,620,9 41'i.437.l 88 274 3 29.484 5 431,599.6
«11.400,011,081,1)8,163,17,775,0
11,737.44,359.0
13.804,62, 131.
a
24.910.04,297.55,814,32,036,03,240.01,206.12,558,2i,;ui,o2 635,7
16,771,011,087.94.6»0,38,937.43.096.2
12,5,'.'2,7
6,108.12.971,74,784,313,881.33.161,02.898.42.909.94.359.01.847,3'3,.i4J.O
6.535.75,174.92,101,9
23,145,425,330,^2,138.21,618,8
17.159.28.28'-'.0
5.443.06.042.3
2'2.179 j8,830,01,417.42.542.0'2, 81 '2,
5
2,054.213,776,04,674,83.391,02,883,66,026,13,260,23,763,71,944,76,157.02.239,04,018,0
10,475,93,804,0
Bamiu.
N. Vork.Jan. 11...
'• 18..." 25...
Feb. 1...8..
Boston.'Jan. 25...Feb. 1...
8...Phlln •
Jan. 26...Feb. 1..." 8 ..
Capita/ (Ki[
SuTvlus. Loans. Specie. Legale. Devoeite. 'i<-ft''*ti OUannoa,
*I
J * $118.604,81400,347,0 80,682,8 29,021.6118.773,2,403,561,4i8'2,387.0 30,438 5118.773.2 400,283,7i89,62'2.6 3;,403;4118,483,6 40 J,272,0l»O,038,2lSl, 509,4118,483,6 412,437,li88,274,3 29,484,3
85,544,9 153,578,26,3,544.9 134,840,565,544,9 165,503,9
I
35,132.3 94,193,036,132,3! 64,496,035,132.3 95,32-3.0
8,816.3 5.621,48.a(i4.1 6,611,38,770,6 5,u83,l
26,106,026,034.024,913,0
$ 9t
414,764,8 3,743.4420,267.6 3.749.6423,977,4 .1,313,0429,188,6 3,337,7
$742,143.6709.772.9689.651.6762.926,7
431,699,6 3,373,1 754,146,1
139,437.3131,301,0132,349,7
93,395,093,453,092,525,0
2.536,9'2,587,5
2,691,8
2,129.02,l'::b,0
2,133,0
93.4! 9.294.883,698,71)8,2
76,075,569,189,271,714.2
.'^' '"'i^ttwocipheretnautheae /iQuree. t Includlmi, for Boston and Phlla.delphla, the Item '' due to other banlu."
Foreign Trade of New York—Monthly Statement.—Inaddition to tJie tables on another page, made up from weeklyreturns, we give the following figures for the full months,also issued by our New York Custom House. The first statement covers the total imports of merchandise,
IMPORTS INTO SEW YORK.
JulyAugnat..
SeptemberOctober...NovemberDecember.January...
1889-90.
Dryeoode.
General
Jierchan-
Mee.
12,052,320
11.79.».52»
12,885,887
8,Boa.50l
8.897,369
10,576,808
16,566,806
86,082,088
;i4.1I4,(
38,274,870
3;,386.'202
3I.«89,307
29,747,151
81.382.189 *26.';.J3.141Total....
EXPORTS FROM HEW TORK.
2otaI.
1888-89.
DryOoode.
48.134,418
45.908.167
37.873,88i
46,881,171
40.S83,5-l
4'2.24«,175
46,313,936
307,614.340
Qenerai
Merchan-iltae.
Total.
I 13.968,020 27,4.34,406 41,402,426
11,740,428 ii6,315,6U6 88,056,934
10,199,832 26,808,740 37,0(18.072
10.184,0;3 30,065.312 43,-.i2i).'2'25
6,9^5,361 28.09-',141 33,08.S,508
8,168,713 33,037,380 41,226.093
15,934.180 31,812.357 47,626,717
77.190.0.30 a0^.4ai,814 28ii.Bll,974
JnlyAnsust
—
SeptemberOctober . .
.
November.December ,
janoary....
Total Merchandite.
CUSTOMS RECEIPTS.
1889-90. ,1888-89.Month.
t
23,394,127
81.644.187
28.866,(01
S1^841,19«
27.717..301
32,319.918
26,506,491
206 8«(>,aS'< 184.834.06^
22,810,768
24,858.526
24,51)6.407
27,951.657
25,&4e,&74
28,880,888
80,156.144
July
AUKQStSeptember
—
0(rt.ober
NovemberDecember.. .
January
TAt»1
At New ToTk.
1889-90.
13,787,as0 14,159,594
13,324,602
12,016.106
12,30«,0Sfl
11,176,009
10,907,986
16,223,823
8a797.794
13,854,742
12,124.964
Il,86ll,>49
B.80.<,8i8
10 ,ec 2,998
14,031,750
86.712.728
—^The United States Guarantee Company, whose cardappears iii the Chronicle, conflneB it»elf strictly to the issueof Donds of suretyship for employees holding fiduciary po-sitions. It is said that in 1880 tlie amount involved in defal-
cations that became public was $8,900,000; hence the demandfor security. This company has cloee relations with theGuarantee Company of North America, known for manyyears to the rea(Jer8 of the Chronicle.—^The annual statement of the Mutual Life Insurance Com-
mny, of New York, appears in this issue of the Chronicle-The assets liave increa-sed over ton millions during the yeariand now amount to $186,401,328, a sum which surelv ought tomeet every contingency that may possibly arise. The amountof insurance in force is given as $585,949,933 ; the income forthe year as $31,119,019 ; paid to jwlicy-holders, $15,200,008.
— The city of Boston loan of $400,000 for thirty years at 4per cent was awarded to Messrs. Blake Bros. & Co. and Brew-ster, Cobb & Estabrook, the highest bidders for the wholeamount, at $111-899. Mr. Isaac W. Sherrill of Poughkeepsiebid $112'08, but for $100,000 only. But as the Boston firms bidfor all or none, they took the bonds.
—Attention is called to the advertisement of the StandardInvestment Company of this city. This company is the suc-
cessor to the American Finance Company ; its capital is
$500,000, and investors desirous of looking into the methods ofbusiness and the benefits offered should communicate withthe company.— The $100,000 of Detroit City 30-year 4 per cent park bonds
were obtained by Messrs. Brewster, Cobo & Estabrook, at108-296.
—The 30th annual statement of the Washington Life Insu-rance Company wiU be found in another column. The com-pany issued 5,119 policies in 1889, for $10,603,767 new insu-
rance.
—We have received from the United Savings Bank of
Topeka, Kansas, a very useful due-date calendar for 1890, oneof which will be sent free to any address upon application.
United States Sub-Treasury.—The following table showsthe receipts and payments at the Sub-Treasury in this city, as
well as the balances in the same, for each day of the week.
Date.
Feb. 8" 10" 11" 12" 13" 14
Receipt$.
1,813,6912,S67.1.'iO2,742,0742,375,6393,102,4742,303,107
Paymentt.
1,915,1212,545,0842,192,6451,641,8122,173,665
Balaneet.
Coin.
167,863,947162,819,215162,842,867162,896,940162,964,110
Ooin Cerft|Ourreney.
1 ,920,799! 162,9t 8,476 i
Total .. 15,204,135] 12.389,126:.
9,015,2479,465,087
10,019,79610,434,506;11.067,946111,361,417!
6,402,6856,409,6446,380.7136,645,7666,873,9546,935.420
Anction Sales.—The following were recently sold at auction
by Messrs. Adrian H. Muller & Son :
30 Broadway Ins. Co 14017 UticaChenanfCo iScSUfq.
Valley RR.Ck) 130100 Coiu'cial Nat. Bank. 107-810 Irving National Bank..202
Shares.12Natio,nalPaikBai)k ...2901*so 5tli Av.Safc DciOflt Co.115100 Nassau Bank .. 170'S8-172^413 Miinlii ttan Lite Ins. Co.41750 Long. I8i. Bk. of Bkljn.149%lONaugatiuk KR. Co 247
Bonds.$533 35 Western New York A.
PeniisvivanlaRR.Co 8crip.$lC0$4,000 CentialCro.-stownRR.
Ist 68, 1922 12OJ95:2.000 LebigliA Wilkohb.Coalcousol.78.June. 190ii,Q.—F.115»g
$10,000 \Viliiau,sbiirg Gas L'tCo. OS. 1900, A. &0 Ill's
$3,500 Town of Flushing,Queens Co.,8chool 58, 19u;i.ll3
$3JO Nassau Gas Liglit Co. ofBrooklyn 6p, regi-tcred lOO"*
$500 The SaiisbU) y B K. C'. ofPenn. l8tM.7e. 1898, J.i&J 102
$20,000 State of L mislana 8i'.$75
Shtref.1,640 Ball Elee. Light Co.90c.p.'h.473 Wi.lamsburgGa'i Light
Light Co 121 J4-I2I «9
50 Brooklyn Gas L'ght Co. Ill's25 Nassau Gas LUht Co... 120^450 Klusliiug Gaa Light C0.I6IftO.Stai;ilui<1011TiU8t 1765i10 Fisher's Isl.Sl'mbo.\tCo.$12
200Stuvv(8antFi:eIn8.Co. 99^210 Sleiling Ins. Co. (90 per
ot. pd. in liquidation). 2H30 N.Y.& L. Isl. Ferry Co...$I
O
4 U.S. Life Ins, Co 120i2
4 National Broadway Bk.30920 Park Fire Inc. Co...69i«-70i494 Plienix(us.Co.ofBkl}n.l37
500 People's Gas Light Co.of Brooiilvn 80
200TbeGrdBeilCoppeiCo. $5300 Fia.Ry. &Nav. Co.pref-$15150 Wor(est<r\Vate-Co...$11523 North KlverBank 14630 Bk. of the State of N.Y.112
566 Tradtsmeu's Nat. Bank90'4-91>«
93 MimioipalElectricLlghtCo. of Brooklyn 120
gauMttg mxA ^itmuciaX.
Spencer Teask & Co.,BANKERS.
Nos. 16 and 18 Broad Street, Nenr York Cltr<ALBANY, N. V.: SARATOGA, N. Y: PROVIDENCE, R. I.:
TRANSACT A GENKRAL BANKING BUSINESS.All classes of Securiti(?8 Bought and Sold on Commission Special
attention given to Investment Securities. Direct wire 10 each oUiceand to Philadelplila. Boston and Cliicaito.
SPECIAL NOTICES.
C^ $136,000 CITY OF CLEVELAND 4 PER CENTBonds. Also desirable Bonds of cities In Ohio and other Western State*
paying from 4H! to 6 per cent net; choice railway and corporation first
mortgage bonds, paying 6 per cent net, are offered by Messrs. JuKES AFaile, 135 Broadway. See card on page vl.
S^ CITY AND COUNTY BONDS OF WESTERNMunicipalities are dealt in largely by Messr?. S. A. Kbam & Co , ot
New York and Chicago. The attention of Savings' Bank offloers i«
Milled to these Beoorities. The New York otfloe la at 115 Broadway.
232 THE CHRONICLE. [Vou u
$Iije glanliirs' ^axette.
DI VIDBNDSiIFbe following dividends bavo recently been announced
:
Samtof Company. PerCent.
Railroads.Delaware it Bound Brook (quaT.)>£a«tem of MasKachusctts, pref. .|
fiaitford <& Connecticut WeBtom,Marq. HouRlitoii & Ontou. pref..North. Penusylvauia (quar.) '
St. Louis Iron Mountain & South.'miscellaneous. I
Adamn Express (aunr.)American Coal of MarylandOregon Improvement, pref
|
Standard Gas Light, pref
3
24
233l»
WhenPayable.
Feb.Mob.Mcb.Feb.Feb.Fob.
Books Closed.{Days melusivt.)
191II
15 Feb. 13 to Feb. IG25 'Feb. 13 to Feb. 198|Feb. 8 to Mcb. 6
Mcb. llFeb. 15 to Meh. 2Mch. lOMcb. 1 to Mcb 10March.
(
Feb. 28 Fob. 25 to Feb. 28
WAIiL STKEET. FRIDAY. Feb. 14, 1S90-3 P. M.
The Money Market and Financial Situation.—While gen-
jcral business conditions remain very fair, and the activity in
transportation is giving large earnings to nearly all of the rail-
roads, options at tne Stock Exchange are comparatively dull
.and listless.
The main elements for a healthy movement in stocks ap-peared to be present early in the year, and there has been noradical change since, but the esprit on the part of the publicis wanting, and even the large railroad earnings do not stimu-late the general buying of stocks for an advance. The moneyquestion was again brought up for discussion by the recentbank statements, but the Treasury absorption of money wasresponsible to a great degree for the decline in the bank re-
serves, and it is hardly to be supposed that the Governmentwill go on, and so manage its funds as to cause a scarcity of
money for any considerable length of time.There is one suggestion as to the stock market which may
partly account for the inertia, namely, that the induce-ment to buy low-priced stocks for a rise is not as great as in
former days. The chief hope for the average railroad stockselling between 10 and 20 is that some strong parties maywish to buy it for control, aHd in doing this may push up theprice sharply. But now that there are so many stocks"trusteed," and so many others that are absolutely controlledby the ownership of a majority, there are few remaining.which offer any prospect of a large rise through purchases forcontrol. The great profits of the past few years have beenmade in combinations and consolidations, in which the in-
siders and large capitalists had every advantage over the out-.side operators, who had no knowledge of what,was coming.On the other hand, the large income of 1889 has actually
brought up a number of roads to the point of possible divi-
dend payers, provided they can use their earnings for this
purpose, and pay for all betterments, new equipment, &c.,out of capital account.The cut in freights by Burlington & Northern and other
roads west of Chicago, to take ellect on the 17th, has a badeflfect ; but the refusal of the Eastern lines to join in a throughrate and the limitation of the area where the reduction takes
Elace lead to the hope that the loss in earnings will not beeavy.The comparison of prices for Exchange memberships this
month and in February, 1889, shows some important changes
EXCHANGE MEMBERSHIPS
Exchange.
New York Stock ExchangeHew York Consolidated Stock & Petroleum Excb..Kew York 1- roduce ExchangeJJew York Cotton ExchangeNew Y^ork Coffee ExchangeNew York Real Estate Exchange & Auction Boom.Boston Stock ExchangePhiladelphia Stock E.xchangeCliicago Board of Trade
Feb.,1889.
$22,000700
1,200950575
1,17511,0002,8501,475
Feb.,1890.
$20,000300
1,000575550
1,25512,5002,600700
The open market rates for call loans during the week on.-stock and bond collaterals have ranged from 3® 41^ per cent,•with 4 per cent as a fair average; to-day the rates were:8(a4 per cent. Prime commercial paper is quoted at 5%5%
The New York Clearing House banks in their statement ofFebruary 8 showed a decrease in the surplus reserve of $4,409,-550, the total surplus being $9,858,900, against $14,368,450 theprevious week.The following table shows the changes from the previous
week and a comparison with the two preceding years in theAverages of the New York Clearing House banks :
•Capital 60,Burplus 57,Loans and dlsc'ts. '412
1890.F«6. 8.
t iffr'ne'a fr'mFrev Week
Circulation
.
Net deposits<fipecieiJegal tenders
iteserve heldliCgal reserve
Surplus reserve
.
I 3,
431,88,29,
117,107,
Inc
862,700620.900437.100373.100 Ino599,600 Inc274,300 Dec.484,500|Dec,
758,800!Dec.899,900 Inc.
8,165.10035,400
2.411,0001.781,9002,024,900
3,806,800602,750
9.858.9001 De«.4,409,550
1889.teb. 9.
$60,762,70052,402,600
408,013,9004.380,300
434,958,50086,820,60036,072,000j
108,739.625122,892,600
1888.Feb. 11.
366,277.4007,593,400
1386,006.90082,976,00033,669.000
96,501.725116,645,000
The Bank of England weekly statement on Thiu^sday showeda gain in specie of £957,000, and the percentage of reserve toliabilities was 46"87, against 44'30 last week; the discount rateremains unchanged at' 6 per cent. The Bank of France gained1,125,000 francs in gold and lost 750,000 francs in silver.
Foreign Exchange.—The market has been very dull this
week, but the tone on Thursday and to-dav was steady. OnTuesday the posted rates for bankers' sterling were reducedMn. to 4 83i^@4 84.
The rates on actual business were as follows, viz. : Bankers'60 days' sterling, 4 83@4 831^, demand 4 873^. Cables 4 88.
Commercial bUls were 4 815^(84 83. Continental bills wereFrancs, 5 Sl^caS 31J^ and 5 18^@5 19%; reichmarks, 94%@94i^and95@95'i^.The rates of leading bankers are as follows :
Febi-uary 14.
Prime bankers' sterling bills on London.Prime commercialDocumentary commercialParis (francs)Amsterdam (guilders)Frankfort or Bremen (reichmarks)
Sixty Day$. Demand,
4 83isS'4 84 4 8712 84 884813ta4 824 81'4'»4 81>-2l
5 21J4«5 20158 5 1834^5 18»939»lSiB-a40 I
403,«'a'40i494i2®9458
I95a95'8
United States Bonds.—Business in governments at theExchange continues limited, but the tone is steady. The feof 1907 are now quoted at 1331^. The sales to the Governmentthis week have been only $684,250.The statement for this week is as follows :
Saturday ..
Monday....,
Tuesday...,
Wedn'Bday.Thursday..
Friday
Total. . ..
4M Per Cents diM 1891.
Offerings. Purch'es. Prices paid.
23,0003«,500
128.200
ll/C.OOO
45.550
10.000
tKS.250
t23,000
86.500
12S,20O
100.000
45,550
10,000
1343.850
104«104«1045^
104^101^104M
104»<
4 Per Omts due 1907.
Offering. Purch'es. Pricts pM^.
(40,000
[
111,000
190.000
(341.000
$40,000
111.000
:90,<)oo
$341,000
131
121
184
The closing prices at the N. Y. Board have been as follows ;
InterestPeriods
Feb. Feb.10.
Feb.11.
412S, 1891 reg.4J2S. 1891 coup.48, 1907 reg.48,1907 coup.jy.-6s, cur'cy,'95 reg.
jJ.
63, cur'cy,'96 reg. :J.
68, eur'c.v.'97 reg. 'J.
69, cur'cj,'98 reg.I
J.68, cur'sy,'9j reg. 'J.
Feb12.
Feb.13.
Feb,14.
-Mch.-Mch.-Jan .
•Jan.& J.
& J.i
& J.i
J- J.;
& J.I
103 Ja *10312101% 104=812314 123141I2314 *123i4i116 -116IIH *118120 120123 •123125 *125
1
10312'IO4I212314 '
12318'116118120 I"
123 ,
125 I-
10312'IOII2123 r
123 '
116 '
118 '
120 r
123 !'
125 i'
10312 •lOS'a104i2*104i«123 1*12318-" 12319
116118
123116118120 ,*120123 *123125 ,*125
14,152,9751 20.143,275
* This Is the price bid at the morning board ; no sale was made.
State and Railroad Bonds.—Although State bonds have beenalmost neglected during the week, the few transactions reportedwere at firm prices, as follows : $25,000 Ga. 7s, gold, at 102J^;$10,000 South Car. 6s, non-fund., at 5, and $10,000 Brown con-sol. 6s at 103 ; $7,000 Tenn. Settlement 8s at 74 ; $10,000 Ss at105 and $3,000 6s at 107J^ ; and §16,000 La. consol. 4s at 97i^.
In the market for railroad bonds the strength noted in ourlast has not been fully sustained, and some prices have fallenoff, the Reading 3rd preference incomes and the Wis. Cent.Co. incomes, on active selling, showing the principal declines
;
the former fell to 40}^ on Thtu-sday and close at 40. against441^ last Friday ; the latter were down to 595g on Thursdayand are quoted to-day at 59Jr^, against 64J4' last week. One ofthe causes affecting the Wis. Cent, incomes was the rumorthat they were to be exchanged for a four per cent 2nd mort.
;
but this is not confirmed. The M. K. & T. issues have heldup well. The Ches. & Ohio and the Richmond & All. bondswere depressed slightly by the attack on the C. & O. stocks.
Railroad and Miscellaneous StocliS.—The stock marketwas affected somewhat by the unfavorable bank statement on.
Saturday the 8th inst., and by railroad war rumors fromChicago and other Western points. Business was fairly
active early in the week, but has fallen off since, and thebear talk has lowered prices on most of the list. DelawareLack. & Western and Rock Island were conspicuously firmat first, partly due to the covering by shorts, but later
they succumbed to the bear influences, the other grangers, aswell as Rock Island also declining ; Chesapeake &Ohios dropped sharply on the report that surplus earningswould be devoted to betterments, the common on Wednesdayselling at 22i^
; on the denial of any authority for this state-
ment at the office of Drexel, Morgan & Co. ,prices recovered
and the common closes to-day at 34%, against 35^3 last Fri-
day. Louisville & Nashville has been the strong stock of thelist, selling on Thursday at 90;'!^, due to favorable reports ofearnings, but closing to-day at S9H, against 89^ last Friday.Wisconsin Central Company stock has declined from 33 last
Friday to 30 to-day. Chicago St. Louis & Pittsburg preferredsold up to 53 to-day, on an active business, closing at 51^^,against 46i£ on Monday.The Trust stocks have shown no particular feature, except-
ing Sugar Trust, which has been very active and irregular ; onWednesday, however, a "boom" was started—Judge O'Brien'sdecision being interpreted as favorable to the Trust, and Mr.Spreckel's tlireats not being heeded—and on large transactionsprices have risen steadily, with only a slight b/eak on Thurs-da-y^, the stock closing to-day at 68J^, against 59J^ last Friday.Lead closes at 18J^. against 19i^ last week. American Cot>-
ton Oil closes at 37?^, against 37^:^ on the 7th, though selling
this morning at 39.
February 15, JtfiO ] THE CHRONICLH 233r
STOCKS-PRICES AT N. T. STOCK EXCHANeE FOB WEEK ENDINtt FEBRUART 14, AND SINCE JAN. 1, 18fO,
STOCKS.
32''8 333874''8 74\*54ia 54'8117>2 1171s•33 331a2608 2508•64 «5*43 45108 108U*28ia 291s*71 721s6«38 60''8
116 116%110 IIOI4142 14293O8 94!^1614 I6I44608 471s33^8 33'e'95 9671% 7214H7 971421% 21%
I3718 137''8
351a 3518351a 351291a 91s
'72 752379 24115 117ISig 18%66 66%
IO614 106=8*87ia 891a891s 90•50 53103 1031s94% 94%•94 96lll%113i210% IOI47408 75%leia 17
•102 104106'8 107'17% 17%•701s 71•38% 3927 27
47'8 4314•18% 19
71s 7i»*30is 311s21'e 2178
Active RR. Stock*.AtchiHon Top. * Santa Fe....Canadian I'licitlc
Canada SuiitUcrnCentral of New JerseyCentral PiwlfloCheaapeake &0.—Vot.Tr.cert.
Do do Istpret..Do do 2dpref..,
Cbicai^ Burlington &, QnlncyCbicago & Eautern IlUnoiB. .
.
Do pref...
CUcaf(o Milwaukee &Bt. PaulDo pref.
Clilcaeo & Xortliwe«ternDo pret.
GblcaKo Rock iHlaud &Paoiflo.Cbioago St. Louis & PlitsburK-
Do prefCbicaeo St. Paul Mlu. & Dm.
Do prefCleve. Cincln. Chic. & St. L.
.
Do pref.CoIumbusHocklUKVal. &T0I.Delaware LackawannaAWestSenr. Tex. <fe Ft. W., Vot. cert
Do assented
.
East Tennessee Va. & QaDo Ist pref.Do 2d pref.
Illinois CentrallAke Erie & Western
Do prefZ<ake Shore & Miota. BoutbemliOUK I.4landlioulsville •& Nashvilleliouis. New Alb. & Chicago .
.
Maubatiau Elevated, conso!..MichiKau Centralaiilwaukee Lake Sh. & West.
.
Do prefMissouri Kansas & TexasMissouri PaciflcMobile & OhioNasbv.ChattjinooKa&Bt.LouisMew York Central & Hudson.Mew York Chic. & St. Louis..
Do iRt prefDo 2d pref
New York Lake Erie & West'nDo pref.
New York <fe New England.New York Ontai lo & WestNew York Susquehau. ii West.
Do pref,Norfolk & Western
Do prefNorthern Paciflc
Do prefOhio & MississippiOregon Sh. L. & Utah North.
.
Oregon & Trans-Continental.
.
Peoria Decatur & Evausville.PfaUa.& Read.Vot. Trust. CertIUclimonditWestI>'t Termina'
Do pref.BomeWatertown&Ogdensb'gfit. Louis & San Francisco
Do pref.Do 1st pref.
St. Paul & DuluthDo pref
Bt. Paul Minnca. & Manitoba.Boutheiu Paciflc CoTexa* <& PaciflcTol. Ann Arbor&N. MUnion PaciflcWabash, newl^abash, preferredWbeelingA Lake Erie
Do do pref.Wisconsin Central ConiscellaiieoiiM Stocks.Chicago Gas TrustColorado Coal & IronCommercial Cable CoConsolidated Gas CoDelaware & Hudson Canal...Oregon Improvement Co
Do prefOregon R'y & Navigation CoPaciflc MailPullman Palace Car Co..'.'.'."Tennessee Coal & Iron„ Do do pref.Western Union TelegraphTrust Stoc-ka, (Unlisted.).American Cotton Oil Trust.„. .
Do Receipts.Distillers' & Cattle F. TrustNational Lead TrustPil>e Line Certiflcatcs 6Sugar Refineries Co
ExpreiiB Stocks.AdamsAmerican '..'.'.'.'.'.'.'. llflia 11613*115United States
, 89ia 89isWells. Fargo & Co ,143 143
Inactive Stocks.American Telegraph & Cable.Atlantic & PaciflcChicago <& AltonCin. Wash. & Bait.—Trust rec
r. . ^** , pref.-Trust rec.Columbus <fe Hocking CoalDenver <k Rio Grande, prefEvansviUe & Terre HauteNew York New Hav. <t HartQuicksilver .Mining Co_» , Do clo pref.St.. Louis Ark. & Texas.
.
Texas & Pa<'lllc Laud Trust!.
HIQHEST AND LOWEST PBICES
Saturday,Feb. 8.
Monday,Feb. 10
3208 33O8•73% 741s54 54>a118 1181s33''8 337823% 251461 6440 43
10708 107^8291a 291s72 721s68% 6914116 110IO9O8 109'81401a 142%921s 9416%401s3395%71%97211a
16^8461s3395%7297 1«
221s
•6232 1975%•211a521s36'8•2041^822%791a
105•161s38
33%
6332ie75%2253372142%23 14801C6183891341s
1121s 11333 13 342108 21^836% 371467 671s•13 14281a 280833O8 33%69% 6933 33%
47% 47%50 511a103 10396% 96%1511s 1511s48 48*96 93100 101391s 39%188 19185% 8508
136% 187 'e35 35•35 35 14
914 91473 732314 23^8115 117•I8I3 18%65% 66106 10614•88 89%88% 89%•48 53102% 102%95 95•94 96111% 113%10 1074 74%16% 16%102 104106% 106%17 1714
Tuesday, Wednesday, Thursday, Friday,Feb. 11. Feb. 12. Feb. 13. Feb. 14.
33 33%74% 7553% 54I4
118 118•33 33O823 2461 6240% 42
IO714 1077929 29%72 7268% 69%11508 11018109% 110%142% 142%92% yjot,•16%47*33•94%7096%2114
17>44733%97729721%
70 1438%26786246%18%•7%
•30•21•61%317874%21%523608•1941%22%•79%10516
7OI438%267g6247%18%7%31%2262%327521%531436782142227880%106%18
38% 38%•80 93
112% 112%3314 33%21% 21%3608 37%66% 667813 132833%6931%
28%33%69%32%
4750%
84% 84%
33% 33%27% 27%•39% 401914 I9O8
46%4908102% 102%'96% 97150% 150%*47 48"94 98101 1013809 39188 190%8314 S5%
136% 137%34% 34%•34% 359% 9%
72% 75•23 23%117 117•18% 18%65 14 65 Oe
105% 106%87% 87%88% 887849 52103 10395% 95%•94 96113 11310 1073% 74%16 I6I4102 104106% 106%16% I714•70•3826%62%4618%7%
30•2161%31 1473782151%361940%2279105
70%3926%62 14
4718%7%
30226231%75%215236%1941%220879106%
84% 85
3226%39 1419
3527%39%19%
106% 107% IO514 107%58% 61 59I4 61%
156 156 ^153
•87 88•4% 5
130 1503 3I4
5% 5%
157117
17 173314 38%87% 87%34 3485 85112%1127e32% 33%20% 21 '4
36% 37%65% 6713 132708 28%33% 33%•68% 703008 32
46% 47 14
48% 50%102% 102%96 961.J150%151i4•46 48•94 9899% 99%38% 38%188 19182% 84%110 11084=8 84%
3208 33-%74% 75.^3% 53%117 119'3314 33%22% 23%01 6140% 41%10678 107%2708 28%72 14 72 14
08% 687b115% 115%109% 109 Os
142% 142%92 93"16% 17%•40% 47%•32% 33I4•92% 9669% 70 14
97 9721 2II4136% 136%34% 34%•34 35•914 9%72% 7322% 22%
11678 117%•18% 18%65% 650t105% 105%86% 86%88% 89%'49 5210394•94in'9%
103%949611610
727g 73 Oe
16% 16%102 104106% 106%•16% I714•70 71•38 38%26% 26%60 6046% 460e18% 18%•7%
'29•2162
7%302262
31% 31147378 74%•21 21%51% 51%3508 36 >4
'19 20%40% 40%2178 22%•78% 79%104% 106•16% 1838 3884 93
112%3220%36%65%1327%3369%30%
46%49102%96%151'46•95•99%38%18782
113%325?21%3608661327%33 14
09%31
47O84978102%96%1514898100%38%19083%
33 83%75% 76%63% 64117 ....•38 33%23% 2461% 62410h 41%IO7I4 107%28% 28%•71 726808 69
116IO914 109%142% 142%92% 93%"16% 17%47 48•82% 32%•92% 9569 70%96% 96%20% 21%
18578 136%34% 34%34% 34%914 9%72 7423 23%
•116 11718% 18%65% 65%105% 1057887% 87%89% 90%47 53103% 104%*93 95•94 95111 113•9% 1073% 73%16% 17%
102 104106% 1063s-16% 17%•69% 70%•37% 38%26% 260862% 62%46% 467818% 18%•7%
-
30•20•62
7%30
62%31% 31%74% 747821%51
2251%
32%26%397818%
3527397819%|
84% 84%
50% 50%108 108250 250•6% 6%36% 37%6% 6%
21 22
-85140
89145
87 87•4% 5
130 1353% 3%578 6
18 1950% 5008
248 2520% 6%
•35% 37%5% 5%
•21 23
105% 10760% OIOb
154 156115 11589 89143% 143%
87 87-4% 5%
133 13376
26% 280839% 39%18% 19%
10578 107%58% 64%
156 156115 115•86 89140 145
5%18
5%19
107% 107%249 2506% 6I436 37 I
6 6•20% 22 I
•86•4%
130•2%5%
•1848%106'248•6%
•365%
•20%
885%
1343%6%1948%1082536%
375%
22
3578 36%18% 18%39% 400g21% 22%7878 7878104 10617% 17%38% 38%90 90•33% 34•83 86112% 113%32% 33%20% 21%3608 367865% 66%•13 13%27% 2"
33% 33%60 69%29% 30%
46%49%
1020896%151•46-9410038%
'18882%
10884
48%50%
1020s9678151489810038%19083
114840g
28% 29%39% 39%1808 19%
10578 10763% 66%
155 155115 115•85 89141% 141%
86%•4%
1333%•5%
•18•48%107247•6%•35%5
•20
86%5
1333%6%1949%1072526%
375%
22
32% 3375 7553% 630).
118 118%•33 33%24 24%01% 62%41% 42107% 107%28 29-72 74%68% 6878115 115%109% 1090b143 14392% 93%17% 17%49% 5232% 83%-92% 9568% 70%96% 96%20% 20%135% 136%34% 34%•34% 34789% 9%72% 72%•22% 23%115 11718 1865% 65%
IO5O8 1057887% 88%89% 90%45 53103% 104%•93 95%•92 94%111 113.9% 9%7208 73%17% 17%103% 103%106% 106%•16% 17%'69% 70%38 38%26% 26%
46%18%7%
•2921%•61%3174•21%5v%35%•18%397822•78%104781838%
460818%7%
3021086331%74%2250%3620%40%2279%
104781838%
111-832%200836%65%13%27%33%69%29%
112%32%207836%66%13%27%33%69%30%
4608 47%49% 49%102% 102%96% 9678151 151%•45 4894 98100 10038% 38%189% 189%82 83
110 110S4% 84%
27% 2939% 39%1778 18%105% 1060864% 68%
•151 155115 11785 89141% 141%
83% 85%4% 5130 135•2% 3%•5% 6
•17 19
105 107248 252•6 6%36% 36%5 5%
21 21
Salesof theWeek,Shares.
18,9791.9006,3651,438
5020,8384,7405,2707,4681,339827
62,9791,185
17,520605
64,6632,0608,859200100
11,9201,4032,000
114,3181,199200
1,528715
1,150140700
4.3107,129570
62,513900
3,53!>423
Bange Since Jan. 1, 1800.
Lowest. Highest.
5580
58,8921,650100
1.761600100300
3,010330
26,1851,710550125400600
3,15017,419
2004,381
11,353200
115,87019,194
745190300
1,025310660116
6,6704,4005,8107.400
33,745370
6,9253,1001,100
19,840
15,77016,800
6951,1831,515
10
1,1157,485100
13,100230
13,319
30% Jan.x7378Jan.S3 Jan.115% Feb.33% Jan.22% Feb.61 Feb.40 Feb.
il05% Jan.•' 26% Feb.70 Feb.67% Jan.113% Jan.109% Feb.140 Feb.92 Feb.16% Jan.43% Jan.32% Jan.92% Feb.68% Feb.90% Feb.18% Jan.134% Jan.33% Jan.34% Feb.9 Jan.
67 Jan.20% Jan.
11678 Feb.17% Jan.62% Jan.104% Jan.86% Feb.x84%Jan.37 Jan.100 Jan.93% Jan.96% Jan.110% Feb.
9 Jan.71% Jan.13 Jan.102 Jan.106% Jan.16% Jan.70 Jan.38 Feb.26 Jan.60 Jan.43% Jan.18% Feb.7% Jan.
30 Jan.21% -Ian.
60% Jan.30 Jan.73% Jan.20% Jan.50% Jan.33% Jan.16% Jan.35% Jan.20% Jan.76 Jan.104% Feb.16 Jan.36% Jan.87% Feb.32 Jan.83 Jan.111% Jan.32 Feb.20% Jan.30% Jan.65% Jan.1278 Jan.27% Jan.30% Jan.67% Jan.29% Feb.
42% Jan.39% Jan.102 Jan.92 Jan.147 Jan.43% Jan.92 Jan.99% Feb.36% Jan.189 Jan.82 Feb.101 Jan.83 Jan.
9
16: 33% Jan. »26' 77% Jan. IS15 56% Jan. 234127%Jau. a2 35 Jan.
12 27% Jan.10 66% Jan.10' 45% Jan.17 10808 Jan. 273 3708Jan. 27'3 88 Jan. 27'
20 71% Jan. 2fr17 116% Jan. 29-12 112% Jan. 275 143% Jan. 3-12 980gJao. 4l«i 17% Feb. 1413' 63 Feb. 1421 35 Jan. 2751 97% Jan. 27
141 730b Jan. U»14 99 Jan. 2»13i 2378 Jan. 25-7 138% Jan. »
20; 36% Jan. 413: 36% Jan. 26^22 10 Jan. 28o! 74 Feb. li
20 24 Feb. 712 120 Jan. 314 19% Feb. i3; 68 Jan. 31
15 10678 Feb. 712' 91% Jan. 8.23 91% Jan. 2»-13 53 Feb. 714,107 Jan. 279i 96 Jan. 23.
30 104 Jan. 235 117 Jan. 23:
13 11% Jan. 4:2 76% Jan. 277 18% Jan. 2*6 104 Feb. 1l6;l07%Feb. a-13 18% Jan. 277 71% Jan. 6-
14! 39% Jan. 27'2 27% Jan. 29-
21 65% Jan. 2»7; 49% Feb. 1
12 20% Jan. 4.2' 7% Jan. »•
17 31% Jan. 25-24 22% Jan. 29-8l 63% Jan. 28-
13: 33»8Jan. 2713: 76% Jan. 28-I4I 22% Jan. 2815 56 Jan. 2"
8; 38% Jan. 2717 23 Jan. 2T13 43% Feb. r13 23% Jan. 30-18 80 Feb. 8-
7 108% Jan. 3111' 18 Feb. 1427 39% Jan. 2-
11 96% Jan. 824I 34% Jan. 1317: 85 Jan. 728 115 Jan. 9>
12! 35% Jan. 317: 22% Jan. 2T4 37% Feb. 1*
17 6878 Jan. 2818 14 Jan. 28-14 29% Jan. 2711 35 Jan. 278: 71% Jan. 29
14 36% Jan. lO-
2 48%2 51%
17 1032, 97782 153%31 489 95
11 1013 41%2 193
12! 893 119
151 8578
Jan. 28-Feb. 8i
Jan. 8-
Jan. 22Jan. 10Jan. 28-Jan. 28>Jan. 24Jan. 31Jan. ISJan. 7Jan. 2TJan. 29
100 31% Feb.17,100 25% Jan.
625 39% Feb.38,990 1778 Feb.
/,6<f.ooo 102% Jan.250,076
j
50 Jan.
49 152 Jan.93 113% Jan.20 84 Jan.130 136 Jan.
480 85 Jan.I 408J8n.
200 133 Jan.650 2% Jan.
5 37 Jan. 1320 32% Jan. 4-
10! 41% Jan. 2814 22% Jan. 272 108 Feb. «
10] 68% Feb. 14
9 156 Jan. 314 116% Feb. 8:
6 90 Jan. 317,144 Feb. T
2,050 4% Jan.15 Jan.
230 48 Jan.400 96 Jan.100 244% Jan.100 6% Feb.100 35% Feb.
1,245 5 Feb.50 20% Jan.
6. 8713 54 135
25 3%3 6%
10 202: 51%
17 108%10 2527| 7%1 39%
13i 7%2 23%
Jan. 2TJan. 19Jan. 24Jan. 13Jan. 14Jan 2TFeb. t.
Feb X.Feb. 4Jan. 4F«b 7Jan. 8Jan. 27
These are t be cnces bid uii aeked ; no sale made at the Board. Prloes from both Exobanges. x Ex dividend.
234 THE CHRONICLE. Vol. L.
INACTITE STOCKS—Qnotations continued. (* Indicates actual sales.)
Bid.IAsk.
!
Alb'ny & Susq
.
BelL&So.Ul.pfB.AN.Y.A.I-.iifBuff.K.APllfs.
do. jiref
.
Burl.C.K.cVNo.Cedar F. i M.CI. & Pitts.ITU..Col.&Gr'iiv.pf.Den. & R. G..'DesM.&Ft.D.DesM.&F.O.pf
160 170 IKllz. Lex. *B. 8
05 O.BayW.Aet.PlOlifllOl HoiiH.&Tcx.C.
" ni.C'.loascdl's.ilown Cent I
1 do prof.'Keok. iScDesM.
* do. jprefJ'Kings. APenibLaclede Gas...
'
6 I 7>s .Mahon'g C. B'y18 I 25 il do. pret.
16
3157
10
77406
Bid.IAsh.
20I25 I
7 83 I 5
97>al00! 9»3
23 28hi3 9 I
6 17 !
2OI3 231216 !
'
55I
60I
108I
I
Bid.,Ask.
Man. Beach...Mar.H.&Ont'n
! do. pref.Mary'd. Coal .[
Mex. Central..Mllw. & North.Minn. &St. L.'
do pref.
'
M.K.&T.riKhtsMorRan's I..ATMorris& EssexN.Y.& Harlem
6»2138714
Bid. I Ask.
6>a N.Y.Lack.&W15 jN.Y.N. H.&H.91 N.Y.&Nor.nf.I6>fl' Ohio Ind.&W'n
do pref.60 \ 60 Ohio Southern.6%l 71a Ontario Silver,
13 15 1 Pitts. Ft.W.&CI i
do. special.'
' Pitte.&W.tr.re!15018 150% Pitts.&W.prcf250 ;.....-.! Rcnns. & Sara. I
248 252 '
' 241s 24135
151639>4153
92817
155
25 29S513 38180 185
Bid.
Elch.&All.tr.r.EloGr. West..
do pref.St.L.Alt.&T.H.
do. pref.South'nTotOllSouth CarolinaTol. & O. Cent.
do. pref.Tol. Peer. & W.Utlca&Bl.Klv.Va. Midland...
Ask
22 2417 19411a 42>340 45
110 125
lia43
' 7215
130
2l«46
151a150
43 la 45
BONUS — LATEST PRICES OF ACTIYE BONDS AT N. I. STOCK EXCHANGE. ANB RANOE SINCE JAN. 1, 1890.
B^LBOAD AND MiSCEL. BONDS.Olonng.
Feb. 7 Feb. 14
Jianpe ainc^ Jan, 1.
Lmcetl.I
Highest.
AO. & Pac.-W. D. Inc., 68, 1910 IJiah. 12i8
Guar 48 1937 '1 ^- "iCan 8outh!-l8t guar., 58, 1908:108 108 b.
2d 58 1913 '100 [lUO
CentVarof N. .T:-a;n8; 78. 1899.1121% 121 b.
Convert, 7s, 1902 }??J?''-i}r7iGeneral mort., 5.S, 1987 'Jfi^^ \WS.v.Leh.&\V.B..cou.78,l!K)9,as'nt,115>8b. llSieb.
do. Mortgase. Js, 1912 .lOJisb.
Am. Dock & imp., 5s, 1921 ... 109%a.
12 Jan.71 Jan.107 Jam.97 >4 Jan.121 JanI24I2 Jan.llOHJan.115 Jan.103 Jan.107I3 Jan.112 Jan.101% Jan.
CentralPaclflc-Gold68, 1898.. U4»8 |114»8b.
Land grant (is, 1890 J5?'**'-Mortgage 59, 1939 104 a.
Ches. & Ohio.-.Mort. 6s, 1911 va;.:!--Istconsol. 5s, 1939 101 |100»8
Ches.O. &80.W.-68, 1911 109 b. 109 b.
Chic. Burl. & Q.—Con. 7, 1903.. IZeigb. 127Debenture 59, 1913 104% ----DenYer Division, 4a, 1922.... 93 b.' 93 b.
Nebraska Extension 48, 1927.! 94 I"3%
Chic. ikE. 111.—1st, 3. f., 68, 1907118 a.'llS a.
Consol. 6s, 1934 jl20 a. ........:
General consol.lst, 5s, 1937.. 95 b.i 95 a.
Chic. Gas. L.&C—1st, g,58,1937l 93%b.' 94%Chic. Mil. i St. P.—Oon. 7s, 1905 126% ;126'4b.i 1245s Jan
l8t, SoiithwestDiv.—68,1909.115 ».'113i3U.'11378 Jan.Ist, So. Miu. Uiv.—68, 1910 -.1114 b. 114 b. 113 Jan.Ist.Ch.&Pac.W.Dlv.—58,19211 107ia llOoiaJan.Chic. &M0.RIV. Dtv.—58,1926 102iaD. 10213b. 10214 Jan.•Wis. AMlun. Dlv.—58, 1921..'103% !
'103 Jan.Terminal 58,1914 '104 [lOSiab. 10314 Jan.
Chic. & N. W.—Consol. 78, 1915 .' 142 b ' 142 Feb.Gold, 78, 1903 127 b.!l26iab. 126i2Jan.Sinking fund 6s, 1929 llOiab.l ;ll5ia Jan.Sinking fund 5s, 1929 lOSiab. 109ia llOS^Jan.Sinking tiiud debent. 38, 1933 110 b. llOiab. 109 Jan.25-year debenture 58, 1909... '106 b. 106 b.H05%Jan.Extentiou 4s, 1926 ' 99^8 ! 99%a. 96 Jan.
14 Jan.731a Jan.
108 1« Feb.100 Jan.122 Jan.128 Feb.112 Jan.116 Jan.103 Jan.110 Feb.114% Feb.1021a Jan.
Railboad and Miscel. Bonds.
II512 Jan.lOOii Jan.110 Jan.126 Jan.104 Feb.93% Feb.92 Jan.
II6I2 Feb.118 Feb.95 Feb.90% Jan.
Chic.Peo. *St.L.—Gld.53,1928 94i2b. 94'4Chic.R.l.&Pac.—6s,coup.,1917 130 b. 131Extension & col. 53, 1934 '105% 1I0512
Ch.8t.T..iSPltt.—lst,con.5s,1932' 103 b.
Chtc.Bt.P.M..SfO.-Con.6s,1930 121 iga. 120Cleve. & Canton—1st, 58, 1917. 93 b. 94C. C. 0. & I.—Consol. 78, 1914.. 130General consol. 68.1934 !ll7
Col. Coal & Iron—1st 6s, 1900.. 104Col.H.Val. &T0I.—Con.Ss, 1931' 78General gold, 68, 1904 i 77iea. 76 a.' 75 Jan.
DenveriiSloGr.-lst, 7s, 1900 1181a ,118 b. H8iaJan.
911a Jan.I2914 Jan.1041a Jan.100 Jan.
b. 121 Jan.b. 94 Jan.
b. 134 b. 135 Feb.b. 117'ab.il7i4Feb.b. 104 103% Jan.
77^8 74 Jan.
Istconsol. 4s, 1936 1 78 ' 78"a 76ia Jan.Det. B.C. & Alp.—l9t.g.,6s, 1913 100 a.' 99 b. 100 Jan.Det. Mae. &M.—Ld.gr.3i23, 1911' 36 b. 36 b. 36 Jan.Dul. & Iron Range—Ist, 58, 1937 lOOiab. lOOia lOOia Feb.Dul. Bo. 8h.& Atl.—g.,5s, 1937.' 92 ( 93 92 Jan.E. Tenn. V. &G.—Con., 5s, 1956 104% 105 b. lOSiaJan.Knoxv. & O —l8t,6s,gold,1925| 109iab. lOOiab. 108 "a Jan. '110
Ellz. Lex. ifeBlgSan.—6s, 1902.!l03% ,101 b.ll02% Feb. |lo4Erie-lst, consol. gold, 73, 1920:138 b. 138 b.]i37i8Jan.Long Dock, 7s, 1893 lOOiab. lOOkbJlOSia Jan.
118 Feb.101% Jan.1131a Jan.127 Jan.105 Jan.95 Jan.94 Feb.118 Jan.121i2Jan.100 Jan.94% Jan.
127 Jan.'114% Jan.1117 Jan.'108 Feb.|102T8 Feb.103% Fell.105 Jan.144 Jan.127^8 Jan.ill 7 Feb.llOia Feb.110% Jan.10678 Feb.0978 Feb.95 Feb.131 Feb.10378 Feb.lOligJan.1221a Jan.97 Jan.135 Feb.llSiaJan.108 Jan.79 Jan.77 Jan.
1181a Jan.
Pao. of Mo.—Ist, ext., 48, 19382d mort., 78, 1891
Mobile & Ohio—New, 6s. 1927..General mort., 48, 1938
Mutual Un. Tel.—S. f., 6s, 1911.Nash. Ch. & St. L.—1st, 7s, 1913Consol. 58, 1928
N. Y. Central—Extend., 58, 1893N. Y. C. &H.—l8t,cp.,7s, 1903 130iabDebenture, 5s, 1904 m
N.Y. & Har.-Ist, 78 1900 128 a.N. Y. Chie. & St. L.—Ist, 48, 1937 97N. Y. Elevated—Ist, 7s, 1906... 114 b.N.Y. Lack. & W.—Ist, 6s, 1921. 132i2b.
Closing.
Feb. 7 Feb. 14
99%102 lab.
116 b.
64=8103 a.
13214b108 b.
104131llliab.
99 b.10238116 b6468102 b.
132 b.10878103%
112iab.98>ab.
101
107 b.
84115 a.
Construction, 5s, 1923 Ullia^f. Y. Ont. & W.—Ist, 6s, 1914.. '"" '
N. Y. Sus. & W.—1st ref ., 5s, 1937Midland of N. J.—Ist. 6s, 1910
Norf. & w. Clinch Val.—58,1937Norti. Pac—Ist, coup., 6s, 192l'11438b.General, 2d, coup., 1933 11414b.General, 3d, coup. 6s, 1937 . .
.
No. Pae. Ter. Co.—1st, 6s, 1933.Ohio Ind. & West.—Ist, 5s, recOhio & Miss.-Consol., 7s. 1898.Ohio Soutnern—1st, 6s, 1931 ...2d, Income, 63, 1921
Omaha & St. L.—1st, 4s, 193:"..Oregon Imp. Co.—1st, 6s, 1910.Ore. R. &Nav. Co.—Ist, 6s, 1909Consol., 03, 1925
Orogon&Trauscon'l—63, 1922.I'eun. Co.—4133, coupon, 1921..I'eo. Dec. & Evans.—lst,6s, 1920Evansv. Div.—1st, 6s, 1920...2d mort., 5s. 1927
Phila. ife Road.—Gen. 43, 1958..lat pref. income 53, 1958 '
70i82d pref . income 5s, 1958 1
51
Range since Jan. 1.
Lomest. Bighat.
9678a.1141a134>4lllia113 b.
98 b.
116 b.
100 b.
11511414b,
10783 lab.
114%10978a.
I 50 b.
75 laI
75 %b.IO312 lOJia111 b. 110 b.
104 103 b.10;>i4 103 14
109 b.ll09i4b.
98% Jan.101 14 Jan.115% Jan.5714 Jan.101 Jan.13214 Jan.106% Jan.IO314 Jan.130 14 Jan.110% Feb.
'108 a.
69 a.' 69>a861a 86
68 lab.
49%b.40SO^iso.
6938b.
44 148169 lab.'
3d pref . income 5s, 1938Pittsb. & West.—1st, g., 43, 1917Uich.&All.—1st, 78,Drexe] cert.3a mort., 63, 1916, Droxel cert. 39 b.' 38I3
Rich. & Uanv.—Con., 6s, 1913.. 116 b.ill6 b.
Consol. gold, 5s, 1936 ' 90 91Rioh.&W.P.Ter.—Trust 6s, 18971 98%b. 99%Con. 1st & col. trust, 3s, 1914 80% 80iab.
Kio G. W^estcrn—1st, 4s 1939' 72 72U.W.&Ogd.—Con., e.'Ct,3s, 1932 110% 113 b.
St. Jos. &Gr.l3l.—1st, 6s, 1933. 103 b. lOlijb.7812 Feb. 1 8t. L. Alt. & T. H.—1st, 73, 1894 HI b.'llOiab.
Consol. 6s, 1933 'I21ia 1121 b. 120 Jan.N.Y.L.E.AtW'.—2dcon.6s,1969'102i4b. 102 lOOia .Tan.
Ft. W. i&Denv. C—1st, 68, 1921'104% 110414 104 Feb.GalH.&SanAut.—W.Div.lst,58' 93 b.! 93% 9314 Feb.GulfCol.iSan.Fe—Ist, 78,1909 119 b.'119i2b. 1145s Jan.Gold,6s,1923 1 77 ! 77 b. 7419 Jan.
Han. & St. Jos.—Cons. 6s, 1911 . 120iab. 120i2b. 120 Jan.Illiuois Central—4s 1932 101 b. 101 14b. 100% JanInt. & Gt. No.—1st, 68, gold, 1919Coupon, 68, 1909
Iowa Central—1st 5s, 1938Kentucky Cent.—Gold 4, 1987..Kln!i8Co.El.-l8t,8er.A,5s,1925
I10%b. 11138b.7514b. i 70 b.
871ai
8714b.8413 I
10414 1104,12a.Laclede Gas—1st, 58 1919^ 86 < 85L. Ei-icA: West.-Ist,g.,5s,1937;il0i4b. lllSsb.Lake 8hore.-Con.ep:,l8t,7s,1900l '
Consol. coup., 3d, 7s, 1903. ...'125 b. 124 b.Long Island—Ist, con., 33, 19311 1
General mort., 4s, 1938 1 98 b.! 97'ab.I,ouisv.&Na3hv.—Con.,7s,1898 11912b. 11878b.iN. O. &Mob.—lst,6s, 1930...!117iab. llOiab.
do. 2a, 68, 1930 108 b. llOiaE. H. & N.-lst, 68, 1919 lllSSsb. llaSsb.General, 6s, 1930 IllSiab. I1414Trust Bonds, 68, 1922 lllieb. 11 IMb.60-year 5s, 1937 '10814a.'
IO8I2 il08 b.117 :11712b.IO312 1031a10312b. IO3I4
Collat. trust 58, 1031l/)nl8. N. A. &Ch.—Ist, 68, 1910Consol., gold, 6s, 1916Louis. South., Ist g. 68. .191'?
LouiB.St.L.& Tex.,Ist g.6s. 1 917Hero. A- Char.—6s, gold, 1924. .
.
Metro. Elevated—l8t, 6s, 1908..2d, Os, 1899
Mich. Cent.- Ist, con., 78, 1902Consol., 58,1902
Mil. Lake Sh. & W.— 1 st, 6s, 1921Conv. debenture, 5s, 1907Exten. i\i Imp. 8.f.,5», 1929...
Mllw. Ai North.—M. L., 6s, 1910l8t, Con.,68, 1913
Ulnn. & St. Ixiuis- 1st, 78, 1927Mo. Kan. & Tex.—Con., 6s, 1930Consol., 58, 1920 ,
Con.-, 78, 1904-5-6.Mo. Pacltlc—Ist, con., 68, 19203d. 78. IjMMi 115 b.ll5
9812j
9818
il2iab.'il3 "b.
107 b.'107 a.'126i2b.110%b.
122 b. 12212a.103 b.l02-,b.103% 110208IIOI4 110%108 lab. lOSVjb.'los'a Feb.09 b. 100 b.73 1465%
11314111 a.
10914 Jan.7314 Jan.83 Jan.84 Jan.104 Jan.83 Jan.
110 Feb.124 Jan.123% Jan.116 Jan.971a Jan.115 Jan.II514 Jan.106 Jan.113 Jan.113 Jan.109 12 Jan.1051a Jan.104% .Tan.
1141a Jan.103 Jan.101^9 Feb.98% Feb.104 Jan.112 Jan.106 Jan.136 Jan.111 J.iu.121 Feb.101% Jan.101 Jan.IIOI4 Feb.
100 Jan.38 Jan.
101 14 Jan.93 Jan.103 14 Feb.
Jan.Jan.
1391a Jan.1091a Jan.1221a Jan.102 la Jan,1051a Jan.94 Feb.120 Feb.77 14 Feb.121 Feb.101 12 Jan.112 Jan.
2d, mort, prof., 7s, 1894 '107% 1108St.L.Ark.&Tex.—l8t,6s,excoup.i 89% 87%b.2d,6s,1936
1
26121 25%
St. L. & Iron Mt—1st, 78, 1893. 104 b. IO4122dmort.,7a. 1897 109 b.'109 b.
10078b.106 a.
91
10110412b.9113
11212b.11258b.112'2b. 113%110 b.'109 h.
97 b. 95 b.
119 b.
Feb..Tan.Jan.Jan.Jan.Jan.Jan.Jan.
771008510587111126125II7I4 Jan.99 Jan.119 Jan.1171a Feb.llOia Feb.114 Jan.114% Feb.llli4Feb.106 Jan.108% Feb.117 Feb.105 Jan.1041a Jan.101 Jan.103% F, b.II314 Feb.IO8I2 Jan.138 Jan.Ill Jan.123i4Jan.104% Jan.IO514 Jan.111>4 Jan.109 Jan.
67 b.11314112 a.
711a Jan6II2 Jan.110% Jan.109% Jan.11410 Jan.
77 Ifeb.
67i2Feb.1131a Jan.Ill Jan.115 Jan.
Cairo & Fulton—Ist, 7s, 1891.Cairo Ark. & Tex.—l8t,73,1897Gen. R'y & land gr., 5s, 1931.
St. L. & Sau Fr.—63, CI. A, 199668, Class B, 190668, Clas3 C, 1906General mort., 63, 1931General mort., 3s, 1931
8. P. M. & M.—Dak.Ext., 63, 1910Istconsol., 6s, 1933 IllSiab. 117
Do reduced to 4 "as... I ; 102%Collateraltrust, 53, 1898 1 100%b.Montana Ext. 1st, 4s, 1937 ...I 8914
I8914a.
8anA.&Arau.P.—lst,g.,6s,1916 87 b.' 871st, gold, 63 1926 1 87% I 89
Shen.Val.—l3t,7s, 1909,Tr. reo.'llS b.'llOGeneral 6.3, 1931, Trust rec...! 52iab. 53iab.
So.Car.-1st, 63, 1920, ex coup.' 97 b. 97 b.
Income, 63, 1931 ' 9 a. 9 a.
80. Pac., Ariz.—Ist, 68, 1909-10. !106iab.l05%b.So. Pao:, Cal.—Ist, 6.3, 1903-13.. 116 b. 115
1st, consol., gold, 53, 1938. . . . 1 10212 102'">8
So. Pac, N. M.—1st, 63, 1911... 1 107% ;i07%I'enn. C. I. & Rv.—Ten. D., 1st, 6sl 10258b. '
103% a.
Blrm. Div., 1st, 6s, 1917 102% 10258a.Tex. & Pac—1st, gold, 5s, 2000 9314 93142d, gold. Income. 5s, 2000 40ia 39%
Tol. A. A. & N. M.—1st, 68, 1924 106% 106%a.Tol.A.A.&Gr. Tr.—lst,6s, 1931 108 b. 107 b.
Tol. & Ohio Cent.—Ist, 3s, 1935 10Ji4b. 103Tol.Peo.&We-st,-l8t,4s, lOlV..! 76% I 76%Tol.St.L. &Kau.C.—lst,6s,1916 100 a. 100 a.
Union P^ciflc—1st, 6s, 1899 ....116 b. 11614b.Sinking fund, 8s, 1893 '116 b. 116 b.
Kansas PaciUc—lat, 6s, 1893. '10914b. 10914b.1st, 6s, 1896 1 11 %b. 11178b.DenverDiv.—6s, 1899 '11378b. 115 b.
istconsol., 6s, 1919 1116 116i4b.Oreg. Short Line—Ist, 68, 1922 113 113%
Virginia Mid.—Gen. m., .5s, 1936 85 b. 86iab.do stamped guar.j 87% 87 b.
Wabash—1st, gold, 38, 1939. ...'103% 103%3d mort., gold, 5s, 1939 1 82% 82
I Debent. M., Bcries B, 1939. ..I 51% 50%b.West Shore—Guar., 4s '105% 105%West. N. Y. & Pa.— 1st, 5, 1937.1 ' 94 b.
2dmort., 3g., 5sc.,1927 1 32 Sl^ab.West. Un. Tel.—Col. tr., 5s, 1938! '
Wheel. A Lake E.—1st. 5s. 1926 105 |105 a.
Wis. Cent. Co.—1st. g., 5s, 1937.' 98=8 I 98Income. 5s. 1037 64 b. iiOij
93% Jan.114 Jan.132% Jan.111% Feb.112 Jan.97% Jan.115 Jan.98 Jan.113% Jan.11258 Jan.10914 Jan.106 Jan.8214 Jan.114% Feb.1 08 Jan.55 Jan.73% Jan.101% Jan.110% Jan.102 14 Jan.103% Jan.108% Jan.101 Jan.101% Jan.69 Jan.85 Jan.68 Jan.48 Jan.40% Jan.80 Feb.68% Jan.38 Jan.115% Jan.88%.Tan.99% Feb.78 Jan.71% Jan.110 Jan.104% Jan.110% Jan.107% Feo.88 Feb.24% Jan.104 Feb.108% Jan.100% Jan.102% Jan.88 Jan.112% Jan.112% Jan.112% Jan.109% Jan.
101% Jan.102% Feb.116 Jan.65% Jan.
102 Feb.133 Jan.109 Jan.104 Jan.131 Feb.IIII4 Feb.
97 Jan.115 Jan.13414 Feb.111% Feb.113% Feb.99 Jan.118 Feb.101 14 Feb.115 Feb.114% Feb.Ill Jan.107% Jan.84% Feb.115 Jan.10978 Jan.53 Jan.76% Jan.104 Jan.113 Jan.104 Feb.106 Jan.109 14 Jan.104 Feb.105 Feb.72% Jan.87 Jan.80% Jan.54% Jan.49 Jan.82% Jan.70% Feb.40 Jan.117 Jan.91 14 Feb.103 Jan.SlHFeb.73 Jan.
,112 Feb.105% Jan.Ill Feb.111 Jan.91 Jan.29 Jan.
108 Jan.109 14 Feb.101% Jan.105 Jan.91% Feb.113 Jan.113 14 Jan.1 13 Jan.112 Jan.
11778 Feb.115% Jan.191% Jan.100% Feb.80% Jan.83 Jan.83% Jan.113%Jan.48 Jan.96 Jan.7% Jan.
106% Feb.115 Jan.101% Jan.107 Jan.97 Jan.98% Jan9058 Jan.38I4 Jan.105 Jan.107 Jan.103 Jan.76 Jan.98 Feb.115 Jan.115i4Jau.111% Jan.110 Jan.113 Jan.114% Jan.11378 Feb.86 Jan.8714 Feb.102 Jan.81% Feb.50 Jan.
IO414 Jan.9314 Jan.29 Jan.100% Jan.103 Jan.9678 Jan.58'... Feb.
118% Jan.120 Jan.102% Feb.101% Jan.89% Jan.87% Feb.89 Feb.11653999
107115
.Ian.
Feb.Fob.Jan.Jan.Jan.
10258 Feb.107% Jan.104% Jan.103% Jan.92 7e Feb.4078 Feb.107% Jan.110% Jan.103% Feb.77 Feb.101 Jan.II6I4 Feb.116% Feb.1 1 2 Jan.111% Feb.113% Jan.116 Jan.II6I4 Jan.87% Feb.88% Jan.103% Jan.80% Jan.53 Jan.105% Feb.93% Feb.33% Feb.103% Jan.105% Jan.90 Jan.69 Jan.
HOTK.—The letter "h" lalicates prloa bid, and "a" price atlced; all other prieej anl tha ran^e are from actual sales
EBEUAKY 15, 1890.J 'raE CHRONICLR 236
GENERAL QUOTATIONS OP STOCKS AND BONDS.Qaotatlons In New York represent tbe par cent value, whatever tlio p ir m»7 ba; other qintaclnni are frequently made par iiaare.
The foUowlni? aborevlaMons are olttiu iiaod, viz.: 'M " f .>r m )rtK izi ."
(f." for K>>lil ; "K d," for guranteed; "en I.," toreadarsed;for consolidated ; " oonv." for oonvertlhle; " 8. f.," for sinking sund; ' I. k." for land grant.
Quotations In New York are to Tnursday ; from other cities, to Uto mall dates.
Sabacrlbers vrlll couCbr aflivor br glvlmt aotlce otmar^rror disoorered la tlte<e <laotaUoa«.
UmmD States Bonds. Bid. Ask.
VNITED 8TATBS BONDS.iijB, 1891 ,....reg..Q-»4>»s, 1891 coup.. Q—
»
48, 1907 reg...&—
>
4b, 1907 coup.. .Q—,68, Currency, 189ft reg J*.68, Currency, 1896 reg JAJ6s, Currency, 1897 reg JAJ6s, Currency, 1898 reg JAJ61, Cnrrency, 1899 ree JAJ8TATB MEOUKITIE^c
Alabama—<71a88"A," 4 to 5, 1906..Cla«8"B,"58, 1906 ,
Clas8"C," 4s, 1906Arkan.—6s, fund., '99.Holford.JAJ
7«, L. R. AFt.S.lBsue,1900.A A O78, Memphis A L.K., 1899.A AO78,L. R.P.B.&N.O.,1900.A AO78,Hl88.0. A R.Rlv.,1900.A AO78, Ark. Central RR., 1900.A A O78, Levee of 1871, 1900. ...J A J
Connectlo't-New,rg.,3>«B,1903.JAJNew, reg. or coup., 3b, 1910
Dakota Ter. 86. 10-208 of 1887 ...4i«H, 10-208 of 1S87
Dlst.Col.—Coui).3.658,1924,cp.FAAFunding 58, 1899 JAJPerm. Imp. 68, guar., 1891 . .JAJPerm. Imp. 78, 1891 JAJWa8h.-Fund.loan(Cong.)68,K.,'92Fund. loan(Leg.!6B,g.. 1902Var
Market stock, 78, 1892Water stock, 7b, 1901
do 78,1903.....Florida—Consol. gold 6s JAJaeorgia-7s, gold bonds, 1890.Q—
J
4J98, 1915 .JAJIX)nlBlana—Cousol. 7a, 1914. ..JAJStamped 4 percentBaby bonds, 3s, 1886 FAA
Maine—New 38Maryland- 38, gold, 1903 JAJ8-656, 1899 JAJ
Massachusette-Ss.gold, 1891..AAO58, gold, 1894 JAJBe, gold, 1897 MAS
Michigan—78, 1890 MANMinnesota—Ad). 4iss, 1912, 10-30.Missouri- 6a, IHOO J A JAsylum or University, 1892.J A JFund, bonds, 1894-9S JAJ
Hew Hampshire—58, 1892 JAJWar loan, 6s, 1894 JAJWar loan, 68, 1905 JAJ
Hew Jersey—68, 1897-1902....JAJ68. exempt, 1896 JAJ
New York-68. gold, 1892 ...AAO,88, gold, 1893 AAOJfo.CaroUna—68,old, 1886-'98.JAJ6e N. C. RR., 1883-5 JAJ68 do 7 coupons off ...AAO68,fxu)dingactof 1866 1900.JAJ68, new bonds, 1892-8 JAJ68, Chatham RR AAO68. special tax.olass l,1898-9AAOTrust certificates48, new, cons., 1910 J A J68,1919 A AO
Penna.—58,new,reg.,'92-1902.FAA48, reg., 1912 FAA
Rhode Isl'd-es, 1893-4, coup.J AJB outh Carolina—68,Non-fun(L,1888Brown consols
Tennessee—6s, unfundedCompromise bond8,3-4-5-68, 1912Settlement, 68, 1913Settlement, .5s, 1913 ...Settlement, .Is, 1913
Teias-68, 1892 MAS7e, gold, 1890-1910 MAS
„ 7s, gold, 1904 J&JVirginia—68, old, 1886-'95...J A J
68, new bonds, 1866 J A J6s, consols, 1905. ex-coup JAJ6s, C0U801., 2d series JAJ6s, deferred bonasDo trust refeipts
Tai-rec'vable coups., from cons'lsDo from 10-408.
New 38(Rlddleberger). 1932.JAJ10-408,cp. A reg.,3 t<i5,19l9.JAJConsol. coupon, new
do non-fundable ..
CITlf SECVRITIBS.Albany, N.Y.—78. 1910-16...MAN
68, 1915 to 1919 MAN4s, 1920 to 1930 MAN
Allegheny, Pa.—6a,ep., '87-97. V«r.4'«s, coup., 1885-1901 Var.4e, coup., 1901 Var.Allegheny Co., 58, cp., 1913.JAJ4s, not loan, S-lOs4s, riot loan. 10-20848, refunded. 5-208. 1891-1906...46. Court House, 190S, reg..JAJ
Atlanta, Ga.—8«, 1902 JAJWater 78, 1904 JAJ6e, 1895-6 JdtJ58,1914-15 JAJ4is8, 19lti J*j
AaguBta, Me.—68, 1905, Fund .JAJAugusta, Ga.—7s, 1900-2 Var68, 19U5 JA.,1
Baltimore—68, consol., 1890..Q—
J
6e, Psrk. 1890 Q—
M
68, bounty, 1893 MAS6«, bounty, exempt, 1893.. MAS58. water, 1894 MAN
103 >«
104 >s123123116118120123129
107112IO21413101010107
UOO'5100
122no103104104123105131133
}11010l\
10597>«
103
105>g5102^091141026100100loanoil03&1105l32
11011035
2001501020566
96124
12^1074
1026777107102 >«
74106115130505042508
104105123 Vt
123 >4
109120
201515151512S
lOi105
140
102 ifi
98
101106>4102i«loa>2
City Secubities.
103 19
1031s111134
1099
971s128
123
5103
10574I4
241s
373021
lOS
46
"yi*9
642766^42
2lis
106105
105101101103100120
105122
no101
115115
Bid. Ask.
Baltimore—(Continued) -68, 1900 Q-J68, West. Md. RR., 1902.... JAJ5s, 1916 MAN48, 1920 Q—
J
Bangor, Me.—Water,6«, 1909. JAJE. « N. A. RR. Bs, 1894 JAJ
Bath, Me.—68, 1902 Var4IS8, 1907 JAJ
Belfast, Me.—68,rallroad ald,'98..Boston, Mass.—Water 68,1906.VarWater 58. gold, 1906 VarWater 48, 1917 V»rWaterSiss, 1917 AAO
Brooklyn, N. Y.—Park78, 1924.JAJBridge 7s, 1924 JAJPark 68, 1924 JAJBridge 5b, 1919 JAJBridge 48, 1926 JAJWater 38, 190S JAJNew 38, exempt, 1906-13
Buffalo, N.Y.—78, 19M-5 JAJWater 58, l89ij-9 AAOWater 4s, 1904 MASWater Sige, 1905 JAJWaierSs, 1916 FAA
Cambridge, Mass.-Water6s,'96.JAJ<niy6s, 1904 JAJWater SisB, 1911 Var
Charleston, 8.C.—Conv.78,'97.AAOConv. 48, 1909 JAJ
Chicago, m.—7s, 1892-9968,18954iss, 19003-658,1902Cook Co. 78, 1892Cook Co. 5s, 1899Cook Co. 4148, 1900West Chicago 5s. 1899Lincoln Park 78, 1895West Park 78, 1890South Park 6s, 1899
Cincinnati, O.-7-30s, 1902 ...JAJ79, 190!i Var69,1909 Var6s, gold, 1908 MAN48, 1905 Va'4s, 1908, City Hall JAJ48, 30-508, sink, fund, 1931. JAJ5s, 30-509, Bilk, fund, 1930. YfANHamllttm County 4s...
Cleveland, O.— 7b, 1894 AAO69, 1900 MAS59, 1907 JAD4s, 1903 JAJ
Columbus, Ga.—78 Vai58
Covington. Ky.—7-308,1892 FAA7-308 Waterworks, 1890....AAO48, 1927, new JA.158, 1920 FAA
Dallas, Texas—8s, 1904Water, 68. 190058, Street Improvement, 1928...
Detroit, Mich.—78, 1894 FAA68, W. L., 1906 JAD3148, 1911 JAD
Elizabeth, N. J.—New l.'i,1922.JAJEvausville, lnd.,coraprom.48,19l2ittchbure, Mass.-68.'91 , W.L. .JAJGalveston, Tex.-88,1893-1909.MA858, 1920 JAD
Hartford, Conn.—6s. 1897 J&J10-25 years, 4IS8, 1890-1905.JAJ
Hoboken, N. J.-7S, 1892 AAOImprovement 68, 1898 JAD
do 59,1901 MANHouston, Tex.—68Compromise 59, 1918
Indianapolis, Ind.-"D"7'3,'99.JAJ68.1897 JAJ
Jersey City-Water Ts, 1902.. .VarWater 68, 1907 JAJFunding 68, 1909 FAAHudson County 5b, 1905.... MASHudson County, 69, 1905 JAJHudBon County 78, 1894 J,sDBayonne City, 78, Ions JAJ
Kan8a.'<City, Mo.—89, 1896... Var7s, 1898 MAN
I.Awrence, Mass.—68, 1894...AA O68,1900 AAO
Long Island City, N.Y—W»ter.78..Louisville, Ky.-7s, 1903 ..Var68,1897 Var10-408, ^8, 1920 MAN48, 1923 JAJ
LoweU, Mass.—68,1890, W. L.MANLynchburg, Va.—68, 1901-4. ..JAJ88, 190rj JAJ
Lynn, Mass.-Waterloan,6s,'94.JAJWater loan, 6s, '96 JAJ58,1905 MAN
Macon. Ga.—68, 1909Manchester, N.H.- -6s, 1894.. JAJ.69,1902 JAJ.48, 1911
Memphis, Tenn.—Comj). 68, 1907..Tax DIst., 68, 1913 JAJTax Dint, 68, 1915 JAJ
Minneapolis, Minn. -88, 1892.JAD78. 1901 JAJ4138, 1912-154s, l!>15-17
Milwaukee.Wis.—Water7s,'02.JAJWater 48, 1908-7 JAJ
Mobile, Ala.--4-5s,funded,1906JAJMontgomery, Ala.—6858, new
122>«122126>s1101231071041001071321s12111141021651651551391181011031411041*107105102114128101 >s
1061s821154oll3U06^iiooi^
106%
100102
122%
127
124107 14
106103109134I2II4112103170170161140121103106
1151301021a
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1021044
105133% 13-'">8
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130
89
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113
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CITT BBCtrBITIKS.
100874no103
10889
Newark—4a, 1908448, 18965e, 190968, 1910... Var78, 1899 Var7b, Aqueduct. 1905 Var
New Bedford,Masa.—68, 1909.AAO348,1910 AAO
N. Brun8Wiok,N.J.—7a,water, 190468, 1906 Var
New Orleans, La.—Premium 5a . .
.
Cons. 6s, ]923,ext. Grossman.JAJ58,1934 JAD
N.Y. aty-78, 1900 MAN68, 1900 MAN68, gold, IBOl JAJ58, 1908 MAN63, gold, 1896 MAN48, 1906 MAN348. 1904 MAN348, 1904, Exempt38, 1907 AAONew 248
Norfolk, Va.—6s, 1914 Var8a, Water, 1901 MAN5s, 1916 AAO
Norwich, Ot.-58, 1907 AAO78,1905 J.4J
Omaha, Neb.—6s, 1891Orange, N. J.—7s, longPaterson, N. J.—7s, 1900
68, 190148, 1908
Petersburg, Va.—88 JAJ88 JAJ88, special tax
Phllacfelphla, Pa.—68,1 895 ... . JAJ6a, 1904-5-6 JAJ
Pittsburg, Pa.-5s, 1913 JAJ7s, 1912 Var7s, water, reg. Aop., 1898..AAO-4s, 1915 JAD69, Consol., 1904 reg JAJ
Portland,Me.—68,KR.Aid,1907M&84s, funded, 1912 JAJ
Portsmouth, N.H.—68, '93,RR. JAJPoughkeepsle. N. Y.—79,water longProvidence, R.I.—59, g.,1900...J.W69, gold, 1900, water loan..J A J448, 1899 JAD34a, gold, 1916 MAS
Rahway, N. J.—(Hd7eNew a^ustment, 48
Richmond, Va.—68, 1914 JAJ8s, 1909 JAJ58, 1921 A 1922 JAJ48,1920
Rochester, N. If 7s, Water,1903 ..
49, 1912 FAA8t. Joseph, Mo.—68, 1903 FAAComp'ml8e4s,1901 FAA
St. Louis, Mo.—68, 1899 Var68, gold, 1894 ,
58, 19004s, 19053-658, 1907St. L. Co.—68,1905 AAO
3t. Paul, Minn.—4s, 1912448, 19165s. 19156a, 1904.79, 189888, 1*:97
Savannah—Kd 5s, con8.1909.Q—
F
Spriugtleld, Mass.-68, 1905..AAO7s, 1903, water loan AAO
Toledo, O.—7-30S, KR., 1900-M A N88,1893-94 Var68, 1899 Var58,1893-1913 AAO48, 1913 Var.
iforcester, Mass.—6s, 1892...AAO58.1905 AAO48,1905 AAO34s, 1905 JAD
RAIL.KOAD BONOS.(Bonds 0/ eompatiies consol'Ud wiltbefound under the consol'd name.)
I
Ala.Gt. Southern— I8t,63.l90iiJAJDebenture 6a, gold, 1906.. .FAAGen'l mort. 58, 1927 JAD
Alabana Midland-let, 6d, 1928...Ala. N. O. T. Ac. l8t deb. 6s, 1907.2d debent. 68, 1907 JAD
Ub'yASusq.-Cons. 7s, 1906, guar.Consol. mort.,68,1906, guar.AAO
Ulegh. Val.—Gen. M., 7 3-108. JAJIncome, 78, end., 1894 AAO
Atch.T. AS. Fe-new 48, whenlss.New Incomes, when IssuedIst, 7s. 1899 lAJLandgrant,78, g., 1900 ....AAOSinking fund, 68, 1911 JAD5s, 1909 (Ist mort.) AAO5s, plain bonds, 1920 MAS448, 1920 AAOCollateral Trust, 58, 1937. ..FAAGuar. fd. 69, notes, 1891. ..MJiNCalifor. So. -lat 68, g., 1926.JAJIncome 6s, 1926 MAS
Chic. A St. L,.— ist 68, 1915. MASChic. San.Fe A Cal.— Ist 58,1937
do Trust receipts. ...JAJGulf Col.AS.Fe.,l8t, 7S.1909JAJ
do Trust receipts JAJGold 6a, 1923 AAOdo Truit receipts AAO
Sonth.Kanaas. Ist 53. 1926 .MAS
Bid.
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2S6 THE CHRONICLE. [Vol. U.
GENERAL QUOTATIONS OF STOCKS AND BONDS—Continukd.
For BxplanaUon* 8«« Notes at Head of First Paxe of <lnotatlona.
RijuoAD Bomaa. Bid.
121109
13>s
1520
100»s121 >4
'W103^«108ell4el21el 05el05121
1310025
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97'a96
AU.*Cliarl.-letpf.7B. 1897.A40 110let,7», 1E07 119Inoome. 6i>, 1900 A*0 105
AlX 4 Florida— let, <!8, 1939..MAN (ICOAtl»ntloClty-l«t,56,g.,1919.M*N 105J«
Atlan. Allan.—IstK. tie, 1917-A40 8S\Atlaiitlo4Fao.-lBt4H. 1937. .J4JSdW.I>..KUar.,K,f<.r.68.1907.M48W. D. Inoomes, 1910 A40 § 12Otntral Dlv., iBt, 68, 1891..MANIncomea, 6b, nonKinmiil., 1922.Xjmd gr. IncomtN, ciira., 1901..
Baltimore AObio -is, 1935...A40ParkenbnrgBr., 6b, 1919...A40Begold, 1925 FAAConsol. (told 5b, 1988 F&ABohuylklll Riv. East Side Ss, 1935aterUni;, 6g, 1895 M<&8Merllng, 6b, g., 1902 KABBterUng, 68, K., 1910 MANBterling, 5b, 1927 J.U>BterUng, 4'«e, 1933 A&O
alt-A Fot'o—iBt, 6a,g.,1911AAOlat,tnnnel, 68. g., g'd, 1911. .IdcJ
OonsoL Ba, 1929 JAJ „„BeechCreek—l8t.g'ld.4s,1936HrAJ S9eU'B Galv-l8t, 78, 1893 J&J ,„„
Consol., 68, 1913 A40 109BelVldereDel.—lit,68,o.,1902.J4l; 116Cong. 48, 1927 FAA 100.
Borton AAlbaiiy-78,1892...P&A §'05%«a,1895 JAJJlll"*
•oat.Cono. A Men.—Oodb. 78, 1893 ^106>«OonBol. mort., 68, 1893 A&O jl*'*
Impiovement 6e, 1911 J&J {llCaBoetOB A LoweU-78, 1892. ..AAO J106
6«, 1896 JAJ fll2>4S*. 1899 J&J JllO4a, 1905-6-7 Var. 5l04«i«a, 1903 MAN J108»«
Boeton A Maine—78, 1893 J.W §108 "s
7«, 1894 J&J §112ImproT«ment48, 1905......FAA -•••
Do 4a, 1937 FAABoat. A Providence—78, 1893.JAJ 5110»«
4b, 1918 J&JBoet.A Revere B'h—let,68,'97.JAJ 4113'sBradford Bord. & K.—Ist, 68, 1.132 26Bradf.Eld.ACuba'-lBt.6B,1932JAJ 20BrooklrnEle.-l8t, 68, 1924..AAO 112 113Sdmortg. 58, 1915 J&JUnlonEl.—l8t, 68, 1937....M&N 103 106>8
Bnfl.Brad.&P.-Gen.M.78,'96.J&J 102Bofl.N.Y.AErle— l8t, 7a, 1916.JAD 1.39'aBaff.Boob. A Pittsb.—Gen.58, 1937 98Kocb. &P., let, 6(1, 1921. ...F&A 114>«
Consol., Ist 68, 1922 J&D 118Bafi.A Soatbwest.—68. 1908 . .J.&J 100Burl. C. R. A N.—l8t.58,1906.J&D 97Cona.l8tAcol,tr., 58.1934. A&O 90Mlnn.Aetb.lBt78,g'd,19i7.J&D 112Iowa CAW., iBt, 78, 1909 MAS 90O.Bap.I.F.&N.,l8t,6s,1920.A&O 90
do l8t, 5s, 1921....A&OOalUor. Pao.—l8t M.,4>«8,1912 J&JXdM..68, g.,endC. Pac, '91.J&JSd M. (guar. C. P.), 68, 1905.J&J
_ do do 38, 1905.J&JOamdeD A Atl.—Ist, 78, g.,'93..JAJSd mort., 6b, 189i» AAOConeoL 68, 19 1 1 j&j
Camden & Burl. Co., 68, 1897.F&ACanada Bo.—iBt 5s, guar.,1908,J&J2d mort.. 58, 1913 M&8
Cape F. AYad.V.,l8t.68,Ser.A,1916iBt 6«, ser. B, 1916 J.&J. lOl"*
CarollnaCent.-l8t,6s,K.,1920..IAJOata-wlesa-Mort.,7e, 1900. .FAA 120OedarF.&Mm.- lst,78, 1907.JAJCtent.Br. U.P—A.&p.p.6e,'95M&NFond, coupon 78, 1895 MAN 100Atcb.Col.&Pac.,lst,6e,1905Q.—F 95Atoh.J.Co.&W.,l8t,68,1905.Q,—F
Cent, of Ga.—iBt, cons. , 7s, 'OSTjAJOoUat'l trust 58, 1937 M&N lOH*Bav.A West., iBt, guar.,1929 MAS 97Col. AWesttrr, let, 68.1911.J&J 109
Cent, of N. J.—Istcons. 78,'99.Q-J 121Convert, mort. 78, 1902 ..M&N 12714Convert, debent. 68, 1908. .M&N 118Oen. mort., 58, 1987 J&JI>li.&WU.—f!oB.78,g.,1900,as8.Q 115Mortgage 58, 1912 M&N
Am. Dk.A Imp. Co., 58,1921.J&J 103Oant. OUo—l8t M.. 6s, 1890 MAS loa"*^Keorg. cons. 1st, ih^a, 1930.MAS 98Cmit. Pac—l8t, 68, gold, 1895.J&J HI
l8t, 6s, gold, 1896 J&J lll»siBt, 6b, gold, 1897 J&J 113lat, 68, gold, 1898 JA.) H4'4BJoaquln,lstM.,68,g.l900.AAO,Oal.AOr.—HerieB B., 6s.f.'92 JAJ I<!l04Ifnd srant M., 6s, g., 1890.AAOMort., gold, 58, 1939 AAOWest. Pacif., 1st, 68, g., '99. .JAJ
Central of 80. Car. 1st 68,1921.J&JCharles.Cin.A C.lstg.58,l947.Q—
J
Oiarl'te Col.AA.—Cou8.,78,'95.JAJSd mort., 78, 1910 A&OConsol., g.i.d, 6s, 1983 J&J
raarUers- let, 78, 1901 A&Ol»es.AOblo.—Pur.moneyfd.,68'98 118BarleeA,6B,1908, coups, off .AAO 118Mortgagees. 1911 AAO 117
Caie8.AOnloRy,l8t5B, 1939.M&N lOO^sCae«.0.&8.W.-M.68, 1911..F&A 1092dmort.,68, 1911 F&A 80
Chesblre—68, 1896-98 J&J 6109i«taio. A Alton— Ist M., 7b, '93..J&J 108%Bterlmg mort., 68, g., 1903..JAJ eH9Binilngfund, 68, g., 1903...MAN 121''el)0nl8'aAMo.B.,l8t,7s,1900rAA 119
do 2d. 78. 1900 man' US'*
10510210760
107 Jg
112
iii>«108
UOii10493
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Aak.
108
112'
100 Is
104102106
76k100
96 It
95
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115
106
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RXILBOAD BOHIW, Bid. Ask.
112111!^115
94
116
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118100 Te
110
110109121123120%
Cbloago A Alton— (Contloned)—BC.L.Jacks'V.A C. . lBt,7a,'94.AA0
do l8tgaar.(564),7a,'»4AAOdo 2d M. (360), 78, '98 . . J&Jdo 2d guar. (188) 7b,'98.JAJ
UlM.Rlv.Brldge, l8t.,a.f.,68,1912
Cblo.A Atlantic—iBt, 6b,1820.MAN2d, 68, 1923 FAA
Chlo. Burl.A Nor.—58, 1926..AAOJd, €8, 1918 J&DDebent. 68, 1896 JADEquipment 78, 1903 FAA
CWo. B. AQ.—Cons., 78, 1903. .JAJ5b. Blnklng fund, 1901 AAO5b, debenture, 1913 MANIowa Dlv. 8. F.58, 1919 AAOIowa Div., 48, 1919 A&O4s, Denver Ext., 1922 FAA4s. plain bonds, 1921 MASNeb. Ext., 4b, 1927 MANPlain, 7s, 1896 JAJBonds, 5b, 1895 JADBur. A Mo. R., I'd M., 7b,'93.A&0Bur.AMo.(Neb.),l8t,6«.1918.JAJCons, 68, non-ex., 1918....JAJ4b, (Neb.), 1910 JAJNeb.RR, ist, 78, 1896 AAODm. A B. W., let, 88, 1896.J&D
111. Grand Tr., let, Ss. '90. ..AAOOtt. Obw. a Fox R., Ss, 1900.JAJQulnoyA Wars'w, let, 8s, '90.J&JAtcb'n A Neb.—1st. 78.1908 M&8Repub. Val.. Ist, 6e, 1919. ..JAJ
Chic. A East ni.— 1st mort. 6b, 190:1st, eon., 68, gold, 1934 .... AAOGen. con., 1st, 5s, 1937 MANCb. A I. Coal R'y, 1st 58. 1936 JAJ
Chic. A Gr. Trunk—let, 63., 1900..Chlo. Mil. A St. Paul—M.&St.P.lst, 8s, P.D.,1898. FAAP. D., 2d M., 7 3-108, 1898..FAAE.D., Ist, 9, gold, 78, 1902 ..JAJLa. C, Ist M.. 78,1893 JAJI. A M., 1st M., 78,1897 JAJI'a. A Dak., Ist M., 78, 1899.JAJChic. A MU., l8t M.,7e, 1903.JAJConsol., 78, 1905 JAJIst M., I. A D. Ext., 78, 1908J&JiBt M.,6s, S'tbweet Div.l909J&JiBt M., 58. La C. A Dav.l919J&JBo. Minn, let 68, 1910 JAJHast. ADak.Ex.l8t,78, 1910.ja(J
do 58, 1910 JAJChic. A Pac. Div. 6fl, 1910 . . .JAJ
do WeBt. Div., 58,1921.JAJ(3hlo. A Mo. Riv. 5s, 1926. ...JAJMineral Pt. Dlv., 5e, 1910. . .JAJChic. A L. Sup. Dlv., 58, 1921JAJWis. AMinn. Div., 58. 192 1 . . .JAJTerminal Ss, g., 1914 J&JDubuque Div., Ist. 6s, 1920.JAJWis. Val. Dlv., 1st, 68, 1920.JAJFargoASouth.- 68. aes. 1924.JAJInc. conv. 6. F. 5b, 1916 JA.IDak. A Gt. So. 58, 1916 J&JGen. g. 48. ser. A., 1989 J&J
Chic.A Northw.-Con.78,1915.Q—
F
Coneol., gold, 7b, cp., 1902..JADSinking fund, 68, 1929 AAO
do 58,1929 A&Odo debent., 5s,1933.M&N
Exten. bds. 48, 1926 FAA1525-yrs. deb. Ss, 1909 MANEscan.AL.Sup., Ist, 6s, 1901.J&JDes M.& Minn'8,l8t,78,1907.FAAIowa Mid., Ist M., 8s, 1900.A&OPeninsula, 1st, conv., 7s,'98.MASChic. & Mil., Ist M., 7s, '98. .JAJWlnona&St.Pet.—2d78,1907MANOtt. C. F. A St. P., 58, 1909. .MASNorth. Ills., 1st, Ss, 1910....MASMil. A Mad., let, 68, 1905. .M.A8.Madison Ext., let, 78, 1911.AAOMenominee Eit.,l8t.78,1911J&DNorthwest.Un., l8t,78, 1917.MASChic. ATomah.— lst,68,'05.M&NOedar H. A Mo.—1st, 7b, '91.F&A1st mort., 78, 1916 M&N2d mort., 78, 1909, guar...JAD8. C.& Pac, lat, 68, 1898. .J&J
Frem. Eik.A Mo.V.—68,1933A&0do do Unstamped..
Chic.Peo.& St.L.—Gu. Jb,1928.M&SChic.R.I.&P»c—6s,1917,coup J&JExten. A col. Ss, 1934 JAJ
Chic St. L. A P.—let, 5s, 1932.A&OChlo. & Gt. East., Ist, 7s, 93-'95
1
100C0I.& Ind. C, 1st M., 78, 1904.J&J 5 120
do 2dM.78,1904.M&N *115Un.& Logan8p.,lst,78, 1905.A&O 5II8Cin. A Chic. A. L., 7e, 1890 FAAiJlUO
Cbi. 81.P.& K.0.-l8t,g, 58,1936J&J e 83Minn. AN.W.let, 58.1931..JAJ. e 84
<3hlc.St.P.Min.AOm.—Con. 68, 1930Ch.St.P.A Minn. lRt,68.1918M&NNorth Wise 1st, 6s, 1930.. .JAJ.St. Paul&8.City,l8t6e,1919.AoiO
Chic.A W.Ind.—S.td. 68, 1919 M&NGeneral mort., 68, 1932 Q—
M
Cblc & W. Mlch.-Ss, 1921 ...JADCln. & Bait— let, 78, 1900 JAJ.Ciu. Georg. & Posts.—68, 1901A&OC!ln. Ham. &Dayt.—Consol.SsAAOConsol. 8. F.,.78, 1905 AAOIConsol. mort., 68, 1905 AAOI2d mort., gold, 4ias. 1937. JAj'iCln. H. A 1., let M., 78, 1903.JAJ^
Cln. I. St. L. A Cblc-Con. 6b, 1920 '
1st gold 48, 1936 Q—F|Cin.A Indlanap., lst.,78, '92.JAD '
2d M.. 78,1892 J&.1 •
Indlanap. C. AL., 78, 1897..FAACln. Laf.AC—lst.78.g.l901.M&8
125119
959895 >s
142126^116108i«11098
10<1lll>t
130120119132108H
113119
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10712511697 "s117.110
103
104II214105 1«
96
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107
135
135
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Cln.Jack.*Mac.-l8t,58,1936. JADCin.Van W. A Mich.- 1st,68. 1901
Cln. Leb. A Nor.—Ist, 58, 1916JAJCln.Rich. ACbic—Ist. 78. '95.JAJCln. Rich. A F. W.—l8t,7B,1921JADGlnn.Sand.A Clev.—6s, 1900. .F&A2d mort., 78, 1890 J&DConeol. mort., 5e, 1928 J&J
Cln.&Sp.—7b,C.0.C.A I.,1901.AAO7s, guar., L.8.& M.S., 1902. .AAO
can.Wash.AB.- I8t,4ifl8-6s, Tr. rec.2d mort., 58, 1931 , Trust rec. JAJ3d, g.,38-4e, 1931, Tr. rec.FAAIncome Ss. 1931, Trust rec
aearf. A Jeff.-lst, 68, 1927. .JAJaev.Akron A Col.—l8t,6B,1926JAJGen. M., g., Ss, 1927 MAS
Cleve. A Canton— Ist. Ss. 1917.JAJC.C.C.A8M,.—C. Dlv., 48, 1939JAJOlev.Coi.Cln.AInd.—l8t78,'99MANConsol. mort., 78, 1914 JADCons. 8. F., 78, 1914 JAJGen. con. 68, 1934 JAJBelief. A Ind. M., 78. 1899.. .JAJ
Cleve. A Mab.Val.—G. 5s. 1938JAJClev.AP.-Con8.8.F.,78,190OMAN4th Mort., 68,1892 JAJ
Colorado Mid.—let, Ob. 1936. .JADColumbia A Gr.—let, 68, 1916.JAJ2d mort., 63. 1923 A&O
Col. A O. Mid.—let, 68, 1914. ...JAJColum. Hock. V. & T.—Con.58,193Gen. 68 gold, 1904 J&DCol.AHook.V.—l8tM.,7s,'97.A&0 JIO
do 2d M., 7s, 1892. J&.1 §100Ool. AToledo—lst7s,1905..F&A §113i«
do 2d mort., 1900. M&8:§100Ohlo&W.Va.,l8t,8.f.,78,lSjiOM&N|§ll3»«
Col. Springf.&C.-lst, 78,1901. M&.SOol. A Xenla—iBt M., 78,1890.M&8Conn. APassump.—M.,78,'93.A&0Connecting (Phlla.)—Ist, Os ..MASConsol.ER.01; Vt., Ist, Ss, 1913.JAJDayton A Mich.—Con. 58,1911.JAJDayton A Union—1st, 7s, 1909J&DDayt. A West.-lstM.,6s, 1905.JAJ1st mort., 78,1905 JAJ
Delaware—Mort., es.guar., '95.JAJDel.ABoundB'k—l8t,78,1905F&ADel. & Hud.—Ist.reg. 78, 1891 JAJ
let. Exten., 7s.l891 MANCoupon 78, 1894 A&OIst, M., Penn. Div., 7s, 1917MAS
Del.Lack.A W.—Conv.78,1892 JADMort. 7b, 1907 MAS
Den. &R. G.—Ist con. 4s, 1936.JAJIst 7b, gold, 1900 MANImpr., g., Ss, 1928 JAD
DesM. A F.D.—Guar. 4p,190S.JAJlet mort., guar., 21sb, 1905 ..J&J
118 .
103135120108123%12398%
105%
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Ist M., on Ext.,guar. 48, 1905JAJDet. B. C. A Alp.. Iet,6e,1913. JAJDet.G.HavenAMil.—Enaip.6s,1918Con. M., guar. 6s, 1918 A&O
Det. L. A North.—Ist, 78, 1907.JAJGr.Rap.L.A D., l8t,58,1927.MA8
Det. Mack.A M.—Ld. gr. 3i«8, 8. A.Dub.AS. City—l8t,2dDlv..'94.J&JDuIutbAIrouR.—l8t,5s,193?.AAODuluth B. 8h. & AtL—58,1937,J& JDunk.A.V.A P.—lst,78,g..l900J&DE.Ten.Va.AGa.—l8t,78, 1900.JAJDivisional, 58, 1930 .JAJConeol. 58, g., 1956 MANIstExt., gold, 58, 1937 JADEquip. ATmp.,g., Ss, 1938. .MASMobile A Birm., Ist, 58,1937.JAJKnoxV. A Ohio, let, 68, 1925.JAJAla. Cent., let, 68, 1918 JAJ
East, A W. Ry., Ala. -1st, 6s, 1926Eastern, Maee.—6s, g.,1906. .MASEa«ton A Amboy—M.,58,1920M&NElizab.Lex.A Big 8.-68, 1902.M&SElmira&W'mspt—Ist 68,1910.JAJPerpetual 5b A&O
Erie & Pittsb.-2d, 78, 1390..AAOCona. mort,, 7b, 1898 JAJEquipment. 78,1900 AAO
Evans.A Ind.-lBt,guar.,g.,68,19241st, con., 1926 J&J
Evans.* T.H.,l8t con.,68,1921,J&JMt.Vernon—Ist, 6s, g.,1923A&0
Evansv.T.H.&Chl.—Ist. 6s, g.l900Fitohburg—5s, 1899-1903 .... Var.
58, 1908 M&N68, 1897 A&O78,1894 AAO4i«8, 1897 MAS4», 1907 AAOBost.H.T. A West., deb. 58, 1913.
FUnt A P. Marq.—M. 6e,1920.AAOlet, con., gold, Ss. 1939 MAN
Fla. 0. A Pen.—l8t,g.,5s,1918.J&JFt.Worth A Denv. C—let, 63, 1921Gal.Har.&SauAnt.-lst,68,g. 1910.2d mort., 7e, 1905 JADWeet. Div. let, Ss, 1931. ...MAN
Qal.Hous.A Hen.—l8t,58,1913A&0aeorgia^-68, 1910 JAJGeorgia Paolflc-lst, 6b, 1922.JAJCon. 2d mort., Ss, g., 1923. ..AAOCon. inoome, 5s, g., 1923 .-A&O
Ga.CaroLANo.—l8t,5s,g.,1929.JAJGa. So. & Fla.- let Bs, g, 1927.J&Jar.Rap. A Ind.—1st, l.g., g'd, 78, g.
iBt M.,78,l.g., gold,not guar.AAOEx land grant, Ist 7s, '99Consol. 58, 1924, M&SMuskegon Div. £8, 1926. ..JAJ..
9r.B'yW.&8t.P.—l8t,6s,l911.F.&A2d, incomes, 1911
Han. & St. Jo.- Con. 6b, 1911. .MASKan. C. A Cam., lOe, 1892.. JAJ
ell7«1176104%
36
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1(91251131s
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100 1« 10192381 92%:110
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February 15, 1890.J THE CHRONICLE. 23T
UlflNERAL QU0TAT10-V3 OP STOCKS AND B0XD3—Conti.vobd.Vor B<pt»n«tl«m« Saw Kfote* « H««< of *lr<« !»«»* of <tnot>tlon<.
Railroad Bonds. Bid. Ask.
HarriHb'g P.,<&o.,lat.,4A,1913.JAJHart. * Oonn. West.—5«,1903.J&J]5.?!»Housatonic—Coiis. .59, 1937. .MANHo'st.E.&W. Tex.—lst.78,'08.M4NB..A Tex.Cen—Ist If,, Tr. rco..l891West.Dlv., iBt, 78,Tr.rec.'91.J*JW»ooAN.W.,l8t,78,g.,1901.J<tJ2(1 miiiu 8s, 1913, Tr....reo.AAOQ«n. mort. 68, 1925, Tr. reo.AAO
flant. 4 Br.Top-l8t, 7», '90..AAO2d mort., 78, (?., 1895 FAACons, 3d M. 58, 1895 AAO
OllDots Ceo.— lat,K0ld,l8,195I .JAJGold, 3is8, 19S1 JAJCol. tr.. Kold, 48, 1952 AAOSprlngdeld Dlv., 68, 1898. -JAJMiddle Dlv. reg. 58, 1921 .. . FAABterUnK, 8. F., 58, g., 1903. .AAOBterUnic, gen. M.,68, g., 1895.AAOBterllng. 58. 1905 JADChlo.8t.&N.O.-lBt COD. 78, 1897.
Ten. lien, 7s, 1897 MAN2d, 6s, 1907 JAD8«, 1951, gold JADMem. Dly., let 48, g., 1951JAD
end. D. A W.—Gold, 5«,l947...AAO2dm. Ino. 6e, 1948 JAJInd. Deo.ASp.-lst,78,1906.A40
Ind'poIUA 8t.L.—lst,78,1919.Var.tnd'apolisA Vln.—Ist, 78,1908.FAA
2dmort..6s,g., guar.,1900.MANInt. A Gt.North.—l8t.68,1919.MAN2d coup. 68, 1909, Trust reo.MAB
Iowa Oent.— Ist g.,5s, 1938..JADr«FaU8 A 8. C—l8t,7s,l917.AAOjraoksonv. 8. E.— Ist, 68,1910. ..JAJGen. mort.. 68, 1912 JAJCh.F.ASt.L..I»t,5a.>f.,1928.MASUtch'id C.A W., let.6s,1916.JAJIxjulavUle A St. L., 68, 1927.A&0
J'efferson-letSe, jt. Krie,1909.A4OIts.. Mad.A Ind.—Ist, 78,ig06.AAO2d mort., 7s, 1910 JAJ
^•nawlia A O.—Istds, 1936. .J.AJKan. O. Clinton A 8pr.—l8t,58,1925Pleas. HillA De 8oto, Ist, 7s, 1907
Kansas C. Lawr. A So. Ist, 68. 1909Kan. C. M. A B.-lst, 5r, 1927.MASK.C.St.Jos.A C.B.—M.78,1907. JdJNodaway Val., let,7e, 1920.JAD
K.C.F.8e.AMem.-l8t,6s,1928.MANCurrent River, Ist, 5». 1927.AAO
K.C.Ft.ScottA G.—lst,78,1908JADKan.C.Wy.AN.W.-lst58.l933.JAJKen. Cent. Ry.—Gold 48, 1987.JAJKeokukADeaM.—l8t,58,1923.AAOKlngsCo. EI.-8r.A.,Ss, 1925. .JAJKings. A Pemb.—l8t, 6s,19l2.JAJL,ake E.A West.—l8t,g.,58,1937JAJI<ake Sbore A Mich. So.—
01. P. AA8h.,new78, 1892. .AAOBnir.AE., new bds,M.,78.'98.AAODet.Mon.A Tol.,l9t,78,1906.FAADividend bonds, 78, 1899...AAOtake Shoie, cons., cp.,l8t,7s.JAJdo eons., op.,2d,78,1903..JAD
Mabon. Coal RR.lat,5s,1934.JAJleiugh Val.—1st, 68, 1898... .JAD2d mort., 78, 1910 MAS
,S«P-M.,6s,g.,1923 JADtitohf. Car.AWest, l8tg.68.'16JAJX,. Miami—Renewal 5a, 1912..MANIfc Eook A Ft.S.-l8t, 7e, 1905..JAJtittle R.A Mem.—l8t,58,1937.MA3tiong Island—Ist M.. 78, 1898.MAN
latoonsol. 58, 1931 Q—
J
Oen.M. 4s, 1933 JADN.Y.AR'yB'eh,Utg.58,1927.MA82d mort. inc., 1927 8
H.Y.A Man. Beach, lat 7s,'97,JAJJf. Y. B. A M. B.,l»t con. 58, 1935Brook. A Mon., Ist 68, 1911.FAAlat .58, 1911 MAS2d, 58, 1938 JAD
8mlth.APt.Jeff.,l8t.7B,]901MAStiOn'v.Ev.A St.L—lst.68,l926.AAO2d mort., 2-68, 1936 AAO£• S- i *• ^'^- l"'' «e,ia21.J*JH. T.C.AC. 18168, g., 1927.AAOConsol. 58, 1939 JAj!
t-ooia. A Na8h.-Con8. Ist, 78 .1898OeolUan Br., 78, 1907 MAS*. O. A Mobile, lat 68, 1930.JAJ_ do 2(1, 6b, 1930.. ..JAJ;. H. AN., Iat68, 1919 JADG«al mort., 68, 1930 JADl<on'v.C.A Lex.—lst,78,'97 ..JAJ2d mort., 78, 1907 AAO
Mnls. On. A Lex.,6e. 1931.MAN•Cem.A 0.,8tl., M.,78, g.,1901JADM.ACiark8v..8t'g,6s,g.,1902 FAAFeosacola Dlv.,l8t,68,1920..MA8et. Louis Dlv.. Isl, 6s, 1921 . .MAS_ do 2d., 38„ 1980.MASash. A Dec., Ist 78, 1900.. . J,)kjSj;.«No.Ala.,S. F. 6s,1903MANTnuit bonds, 6a, 1922 Q—
M
Ien-forty68. 1924 MAN60-year gold, 58, 1937 MANFensa. A Atl.—lst,68,gu,'21.FAACoL tr., gnld, 5s, I9;il MANNa9U.F.A8.l8tga. K.58,1907.PAA
Li'sy.N.A.ACaic.-l8t,6e,1910.JAJOon. mon. 6s, 1916 AAO
• Ind'ap. Div., Sa gold, 1911..FAAliOuisv. So.—l8t 6a,g. 1917.M.AS.
do Extension, 6s...JAJLo'l8V.N.O.ATex.-l8l,48,1931MA82d mort., inc., 68, 1934 MAS
toul8.St.L.AT.— I St Cs,g.l917.FAAMaine Cent.—Mort. 78, 1898.. .JAJ£xt9n. bonds, 6s, g., 1900.. .AAOCone. 7a, 1912 AAOAn.lr.Mi-oif.A Ken.. 6a, 18P0-91..
106>«
10512075H
104
110
12276 >«
104
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124"
139 •<
136 >s
il3'^S 99%
70i«
971s99
30
1111*
'87 >i129 >«
94«8
10S>t
m"78100
I
120100lOQia1211$112115100>4
9884%105105
111 U3»i
Bailboad Bonds. Bid.
1U31331241s126125 «
il8"
140
"98"
ido"711s123116981*
"ii'
120110106112.10914. 721s,107I 9982
.118%109116109 110113«8ll4
1111101221091s74107 1*
10085
1191s111
114113
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ell511011663119
ellliimel081061071s1076(1
i'17"
103
i02'
1151131s121 >«
118
120113111%110109
I
1091021s'
12011413310H«
11595
103120
§io6*98761211021s
100lOH107
i06>4
ioi'
190
II3I3
1071s1107036I422101
981s18
Ill's128 •«
104>t
10180
122if1031a
102 Is' 102%1 16 >• 117U9
110%IOBI41028650711s
"Jo"
64I4754477116
145%1041s120
1401sS106§108
132
ib"8is
«114103%I3014110el20
961s1141s316<s
1261321sllU
1191s118109 19115%104139
11110910495
76
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909377751a
Maine CentraI-"(Ci>ntlnued)—Leeda A Farm'gt'n.68, 1896.JAJ'il08Portl.A K..ConH. M.,da,'»5.AAO 5107Debenture, 68, 10-20s. 1905.FAA 5105
Mar'taAN.Ga.-l8t.6s,g.,lWll.JAJ'Marq'tteHo.AO.-Mar.AO.,8a. '92iM0688,1908 MASJIOO68, 1923 (extension) JAD } 10368, 1925 (Mani A West.). AAO 5104
Memph.A Chan.—l8t,78, 1815.JAJ 1232d mort., 78, extended, 1915.JAJ 123latoonsol. 7a, 1916 JAJ 1171st. 00ns.. Tenn. lien, 7a,1915JAJ 123Oold,68, 1924 JAJ 102
Metrop'nElev.—lst,68, 1908. JA.r 113^82d 68, 1899 MAN 106is
Mexican Cent.—Prlor.58,1989.JAJ el08Con. 48, 1911 JAJ 5 69%let con. inc. 38, 1939 July* 362d con. inc. 3a, 1939 July { 21isDebenture lOa. 1895 AAO 5lOO»s
HexicanNat.— let, 68, 1927. .JAD 972dM.,8er. A,lnc.,6«.1917...MAS 872dM., Ser. B,lnc.,6»,1917..AprU 16
Mloh.Cent.—Con8ol.,7a,1902.MAN 127Consol. 5s, 1902 MAN IIOI46s. 1909 MASSa, coup., 1931 MASMortijage 4s, 1940 JAJJ.L.ASag.Con8.1stM.88,'91.MAS
do ea,1891 MASJoUet A N.Ind.,lst,78 (guar.M.C.)Det. AB. C, 1st 88, lno2Air Line, 1st M., 88, 1890...MAN
Mldd. Un. A Wat.Gap—l8t,5s,19112d 6s. quar. N. Y. S. A W., 1896.
Mil.L.Sh.AWest.—lat68,1921.MASfConv. deb. 6s, 1907 FAAExt. A Imp. s. f. g. 58, 1929. .FAAMich. Dlv., lat, 68, 1924 JAJAshland Dlv., lat 6a, 1923..MASIncomea, 68, 1911 MAN 101 |107St. P. E. A Gr. Tr'k, 1 st, guar., 68
Mil. A No.—lat, 68, 1910.. ..JAD1st, consol. 68, 1913 JAD
Minn'p. A St.L.-lat, 7s,l927.JAD1st M., Iowa CltyAW., 1909.JAD2d mort., 78.1891 JAJ8outhwe8t.Ext.,lst,78,1910.JADPaclUo Ext., 1st, 68, 1921.. AAOImp. AEqulp. 68.1922 JAJ
M. St. P. A 8. Ste. Marie con.Ss.l 933Minn'p. A Pac, Ist, 5a, 1936..JAJ « 88Minn. 8. Ste. M. A Atl.—l8t,53,1926 « 91Mo.K.ATex.—Cons.6s. 1920..JAD 76^8Consolidiit'd 68,1920. Tr.reo.JAD 75ieConsolidated 5s, 1920 JAD 66
do Tr.ree.JAD 66 «6ieConsolidated Ta, 1904-5-6..FAA II3I4 113%2dM. income, 1911lst,68,g., 1899,(U. P. 8.Br.)JAJ 98 is
Han. A C. Mo., lat 78, g.,'90.MAN 99iaMo. Pac—Consol. 6s, 1920. ..MAN3d mortgage, 78, 1906 MAN 115Trust, gold, 58, 1917 MASPac.of Mo., latex, g.48,1938.FAA 99is2d 7s, 1891 JAJ IO214
Ver's Vy.Ind.AW.l8t58,1926JAJLeroy A C. Val., l8t,5s.l926.JAJCar. Br., 1st , 6s, g. 1893....AAO
MobileAO.—l8t,g'd,6a. 1927.J&D 1161st Extension 68, 1927 Q—J 116Gen mort., 48, 1938 MAS 64I4 64%l8t preferred debentures2d prel. debentures8t.L.A Cairo—4s, guar., 1931.JAJ
Morg'n'a La.ATex.,l8t,68,1920JAJl8t mort., 78, 1918 AAO
Morris A Eaaex- l8t,7s, 1914 MAN2d mort, 78, 1891 FAAConv. bonds, 78, 1900 JAJGeneral mort., 7a, 1901 AAOConsol. mort., 78, 1915 JAD
Nashua A Lowell-6s, g., '93.FAA68, 1900 FAA
Nashville Chicago A 3t. Louts.-i
Ist, 7s. 1913 JAJ1 2d mort., 6s, 1901 JAJI
ConaoUdatedgoldSa. 1928. .AAOiNashv.A Decatur-l8t,78,1900.JAJNatchez Jack. A Col.—l8t, 68, 1912New Haven A Derby-Con.58,1918 104N. J. Junction, Ist, 4s, 1986. .FAA 100 103N.J. A N.Y.— lat, 6s, 1910. ..MAN 100N. J.Southem-Isl, 68, 1899..JAJ 101N. O. A Gulf.—Ist, 6s, 1926..MAN « 80N. O. A Northeast.—Prior 1.6B.19 15N.Y.ACan.-£M.,68,g.,1904.MAN«114 116N.Y.C.A Hud.Rlv.—Exfd5s. MAN 103% 1041sIst coup. 7s, 1903 JAJ 13014 131Debenture 58, 1904 H,ASBterUngmort., 68, g., 1903. ..JAJ
N.Y.Chic.ASt.L.—lst,4s,1937.AAON. Y. Elevated.—1st. 78, 1906.JAJN. Y. A Greenw'd L.- lat M. inc. 682d mortgage income, 6s
N.Y.AHarlem—7e,ooup.,1900.MANN.Y. Laok.A W.—lat.Ss, 1921.JAJ2nd, 5a, guar., 1923 FAA
N. Y. Lake Erie A Western—1st M., ext. 78, 1897 MAN2d mort. extended,53,1919.MAS3d M. extended, 4iss, 1023. .MAS4th M., extended, 5s, 1920. .AAO5th M., extended, 4s, 1928.JADIstoona. M.,78, g.,1920 MASIst cons. fundcoup.,78,1920 MASReorganizat'u lat lien, 6a, 1908 . 105Long Dock mort., 78, 1893. .JAD 109i«
do con. g., 6s, 1935 ..AAO 121New 2d oona.6s, 1969 JAD 101%Collateral Tr. 6s,1922 MANFunded couDOa 58, 1969 JAD 88Gnld incnnie ^onds. rts. 1977 e 80
Railroad Bokds.
Illijiim64
113l«96 >s
12«>S117107%104's
t 35el08t 15e 94
41se 21071s
Bid.
102112
9999%
132 I
1461s1041s
142107110
132%1141091s
85
122go's116348
12a134>s112
1211*
117
14U140
1101211s102
9090
i
N.Y. A L. Broh— lat. 5s, 193 1 .JADS. Y. K. H. A H.latr.4s,1903.JADN.Y. A North.-lst g.5»,1927.AAO2d gold 48. 1927
N.Y.Ont.AW.-lat.g.,68,1914MA8Consol. Ss, g., 1939 JAD
N. T. A N. Eng.—1st, 7s, 190S.JAJIstM., 68, 1905 JAJ2d m.,6a, 1902 KAASd 6a (8oaled-5 p.o. till '92).FAA
N.Y.Pa.A O.—lat, lno.,aoo.7s,1905do prior llen,lnc.ao.,6a,1895
Deferrea Tut. WarrantsEquip. Trust., 5a,1908 MAN24 mort. inc., 5a, 19103d mort. ino., &b, 1915.
N.Y. PhU. A Nor.—l8t, 1923 ..JAJIncome 6a, 1933 AAO
K.Y.Susq. A W.-Deb. 6s, 97.FAA1st refund., 5s, 1937 JAJ2d mort., 4 "ss, 1937 FAAMIdi'd of N. J.-l8t,6s,1910.AAO
N. Y.Tcx.A Mex—1st 4s, 1912.AAONewb. Djt.AConu.—Incomes.1977Norfolk A West.—Gen., 68, 1931 MANNew River 1st 6s, 1932 AAOImpr. A Exten., 68. 1934 FAAAilJustment 78, 1924 Q.—M.Equlpmont, 58, 1908 JAD,Clinch V. D.. lat 5s, 1957... -MASNorf'k A Petersb.,2d,88, '93.JAJ80. Side, Va..ext. 6-68 1900
do 2dM.,«xt. 6-6S....1900do 3d M.. 68, '96-1900.JAJ
Ya.ATenn., 4th M.,8a, 1900.JAJdo extended Ss.lOOO.JiAJ
100-year mort. 5s, 1990 JA.INorth Penn.—l3t,78, 1896.. ..MANGen. mort., 7s, 1903 JAJDebenture 68, 1905 .... MAS
Northea8t.,S.C.—1st M.,88,'99,MA82d mort.. 88, 1899 MASConsol. gold, 68, 1933 JAJ
Northern,Cal.—1st, OS, 1907. -JAJConpol. 58, 1938 AAO
Northern Cent.—4iss, 1925..AAO2d mort., 68, 1900 AAOCon. mort., 6a, g.,ooap., 1900.JAJMort. bds., 5s, 1926, serlesA JAJ
do series BCons. M. 6s., 1904 JAJCon. mort, stg. 68, g., 1904. ..JAJUnion RR.—1st, 68, end. Cant.,'95
North. Pac—Gen.lst. 6a, 1921.JAJGen. land gr.,2d. 6s, 1933...AAOGen. land gr., 3d, 68. 1937.. .JADDividend scrip ext. 68, 1907.JAJPen D'Orellle Dlv., 6s, 1919..MASMo. Dlv. 68, 1919 MANJames RIv.Val.— l8t,g..68,'36JAJSpokane A Pal.,lst 68, 1936.MAN8t.P.ANor.Pac.gen.68,1923.FAAHelenaA Red Mt. l8t,6s, 1937MASDul. A Man.. 1st, 6«, 1936.. -JAJDak. Ext., 1st, a.f . 6a, 1937.JAD
No.Pac.A Mon., l8t,6.s. 1939.MASCoeur d'Al.,l8t,g., 68, 1916.MA8do Gen. Ist g., Os, 1938.. .AAO
Cent.Wash'n, Isi g.68.1938.MA3North. Pac. Ter. Co.—lst,6s,'33.JAJN. W. Nor. Car. lat 6s, 1938..AAONorw'hAWor.-l8tM..6s.'97..M4SOgdenb.A L.Ch.—3.f.,88,1890.MASConsol. ,68, 1920 AAOIncome, 68, 1920
Ohio I. A W.—lit pfd.58,l938..QJ1st OS, 1938, reorg. oert Q-J2d 58, 1938, rerog. oert Q-JIst ace. int. cert2d aco. int. certInd. Bl. A W.—lat, pf. ,7s, 1900..
Ohio A Miss.—Con8..8.fd.7s,'99 JAJCons, mort., 7s, 1898 JAJ2d consol. mort., 7a, 1911.. .AAOlst,8pringf. Dlv., 7s, 1905..MAN1st gen., 58, 1932 JAD
Ohio A N. W.—1st 68, 1936. ...JAJOhio River RB.—Ist, 58, 1936.JADGen. gold, 5s, 1937 AAO
Ohio Southern—1st 68, 1921...JAD2d Income. 6s. 1921Gen. M. 43, 1921 MAH
Old Colony—6s, 1897 FAA68, 1895 JAD78, 1894 MAS4is8, 1904 AAO41SS, 1397 « JAD4s, 1938 JAJB. C. F. A N. B., 58, 1910 ..JAJN. Bedford RR., 7s, 1894 ..JAJ
OmahaASt. L.—lat, 4s, 1937..JAJOrange Belt—IstM., 03, 1907..JAJOreg.ACal.—lat 5s, 1927 JAJOreg.Ry. ANav.— lat 68, 1909.JAJConsol. mort. 58, 1925 JAD
OregonATransoont.—6s,1922.MANOsw.ARome—lstM.,78,1915.MANOx.AClark.—Ist, p.A 1. gu. 68.MAN
lat interest guar., 6a 1937..MANPanama—Sterl'g M., 78. g. '97.AAOSubsidy bonds, 63, 1910....MAN
Penn.RK.—Gen.M,6s,cp.,1910.JAJCons. M., 68, cp., '05. J . 15 A D. 15CoUaterai trust, 4iss, 1913. .JADConsol. 53, cp., 1919 MASEquip. Tr. 48, series APenn. Co., 68, coup., 1907. .Q.—
J
Peun. Co. 1st M.,4is3, 1921. .JAJPeun.A N.Y.Can.— lst.7s,'96.JADIst mort., 78, 1906 JADA RR. coneol. 4s. 1939 AAOPa. P. A Best.-Ist, 6s, 1939. .JAJP«n».A Atlantic -1 St. 6.<.1 921. FA A
931474116
120116>s1081s11194%100
101101105125101 Is
1171s131113128124105><10»is
118
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108 >«
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118
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109
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3314536227117114°t114381211s112%
1019010750
i'uis111112109105107II51411175%65
el02110103%105§125105lO^iselO&«102133121elll11314el041051s109lie1301s102
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'srnuea Bouuual; no late transaotions. JPuichaser also pays accrued interest. eln London. UCoaponolL t In Amsterdam.
238 IHE CHRONICLE. [Vol. L.
GENERAL QUOTATIONS OF STOCKS AND BONDS—GoNTiuaBD.For Bxplan«tIona See Note* at Head of First Paze of QaotatloaB.
Kaiuioad Bonds.
Peo. Deo. A Ev.—IM, 68, 1920 .TAJ
ZdiuortKuKe. 58,1926 MANEvanflvllle Dlv.,l8t 68,1920.MA8
Peo.A Peklii Ur . -l8t,68,1921.0-Faduiort .4<<8, 1921 MAN
Perklomen—l steer. 58, 1918 Q-J2d 861168 58.1918 Q.—
J
Petereburft -Cla88 A, 58, 1926.JAJClaasB, 68, 1926 AAO
Phila.A E.-Oan.Kuar.,68,g.,'20.JAJQeneral 58, 1920 AAOGeneral 48, 1920 AAOBiinb. AKtli!—l8t, 78, 1897..AAO
Phlla. A Read'g—let, 6», 1910.JAJ2d, 78,1893 AAOConBol.M. ,7s,1911, reg.A op.JAUODnsol. mort., 68,1911 JALImprovement niort., 68, '97.AAOCons. 58, lat serle8,1922....MANDeferred Income 6sNew gen. mort., Js, 1968 JAJIst pref. Inc., lis, gold, 1958.. ..F2d prcf. Inc., 58, gold, 1958... .FSdpref. Ino., 6b, gold, 1958. ...F8d pref., Inc., 5b, convertible. ..F
FJiUa. Wll. A Bait.—68, 1892..A&O68, 1900 AAO60,1910 JADTrust certs. 48, 1922 MAN
Pled. A Cunib.—l8f, cs, 1911.FAAPine Creek- 6s, 1932 JADPlttsb.C.A St.I^—I8t, 78. 1900.FAAPittBb.Cl.ATol.—1st, 68, 1922.AAOPlttsb.ACon'UsT.—lstM.78,'98.JAJBterling cone. M. 6s,g.,guar.J*J
Plttsb.Fl.W. A C.-l8t,7s,1912 Var2d mort., 78, 1912 JAJ8d mort., 78, 1912 AAO
Ptttsb. June, let 68, 1922 JAJPltteb. A Lake E.-2d,68, 1928 ....
Plttsb. McK.A Y.—lst,68,l932.JAJPltte.Paln.AF.—l8t,g.„~8,1916JAJPlttsb. A West.— Ist, 48. 1917.JAJPJttB. Y. A Ash.- l8t,6e, 1927.MANAebtabnia & Pitts.— 1 8t 68, 1908.
Portl'ndAOgb'g-l8t68,g.,.t900JAJPort Royal A Aug.—lst,68, '99.JAJIncome mort., 68, 1899 JAJ
Ports.Gt. F. AOon.—4V, 19.17.JADPres. AAriz. C—lBtg.6B,1916.JAJ2d inc. 6b, 1916 JAJ
Prov. A Worces.-Ist €s,1897.AAOBsleltrh A Gaston-8s. 1898... JAJaen.<kS'togft—I8t78,1921 oou.MANJOcli'd A AJlegh—Ist.Drex.recelpts2d mort. fc's, 1916, trust receipts.
Bleb. ADanv.—Con., 68,1890.MANGeneral mort., 68, 1916 JAJDebenture, 68, 1927 AAOCon. mort. gold, 5s, 1936. ..AAOEquip. M. 8. f. 58, 1909 MAS
Blob. A Petersb., 6s, 1915 MANBleb. York R. A Cbes., Ist 8s, 1 8942dmort., 6s, 1900 MAN
Blob. A West Pt.Ter., Cs, 1897.FAACcn.col. tnist, lst,Ss, 191 4.MAS
BioGra£deW(st..lst4s,1839.JAJBorne A CarroUt.—1st, 68, g.,1916BomeWafnAO.—S.F.,78,1891.JAi)2d mort., 7s, 1882 JAJCoDBo)., exended 5e, 1922.. AAONor.AM. -lstgn.,g.,58,1916.AAOK.W.AO.Ter.— lRt,gu..g,,5s,19l8.
Batlanu—Ist M., f s, 1902 MANEnnlpment, 2d fa, lb98 FAA
tJo. A Gr. IsI'd- l8t,guar.6s,1925.Sd mort., Incomes, 58, 1925Kan. C. A Om. Ist 5s, 1927. .JAJ
•t.I,.Alt.A'r.H.— 1 St M., 78, '94.JAJ3d mort., pref., 78, 1894 FAASd Income, 78, 1894 MANDlv. bonds, 1S94.Bellev.A8.Ill.,l8t,8.F.88,'96.AA()Bellev.A Car., Ist 6s, 1923. .JADCh.8t.UAPai1.,lst,g., 56, 1917..8t. L. SiiUlh., 1st, 48, 1931. .MASdo 2(1,income.^H, 1931 ..MAS
Catb. A6baw.,Utg.4s,lS32.MA8Bt L. Ark. A Tex. Ist 6s,1936.MAN2d mort.. 6s, lh36 FAA
Bt.Ii.ACblc.—]stC0D.e8,1927.JAJBt. L. A Iron Mt.—lst,7s,'92. FAASd mort., 78, g., 1897 MANArk. Br. I. gr., M., 7s, g., '95.JAD0«aroAFul.,l8t,i.g.,78,g.,'91.JAJCairo Ark. A T.,l8t,7e,g.,'97.JADGen. con. r'y A 1. g., 58,1931AAO
Bt.L.A S.Fr.—2d cl.A ,6s,190«.MAN2d M., 6a, class B, 1906 MAN2d M., fB, class C, 1906 MANPierce C. A O. Ist, 68 FAABqnlpment 7s. 1895 JADGeneral mort.. 68, 1931 JAJ€teneral mort., 58. 1931 JAJIsttnist, g.. 58, 1987 AAOKan.C. A8w.,l8t,6s,g.,1916..JAJFt.S.A V.B.Bd.,lst,68, 1910.AAOBt.L.K.ASo.W. -1st 6s. 1916MA8Kansas Mid.— Ist, 4b, 1937.J&DSt. L. W. A W., 6s, 1919 MAS
Bt.L.Vand.AT.H.-l8tM.,78,'97.JAJSd mort., 78, 189C MANSd, 7s, guar., 1898 MAN
at. P. A Duluth—1st, 68,1931.FAA2d iijort., 58, 1917 AAO
BtP.Mlnn.AMan.—l^t7s,1909 JAJ2d 6s, 1909 AAODak. Ext.. 6s. 1910 MANiBt conaol. 68, 1933 JAJlit cons ol., reduced to 4is8. JAJCollat. tr.. g., 5s, 1898 FAAMontana Eit., Ist, 48, 1937.JADMinn's ll'ii. Iht. Bs. 1922 ... JA-.I
68 >t102 1«11065102elOO103
Bid.
el26
102>«
120llli<131>tel25
1386^6»%49H4041>t
)102lllOil06i«
1021s
115
ili'h
iii'
118
10770
102
1061281151s103
127
i^63e
701s601s41
ioa"112108
115
144142U8is
'115100 14
80 14 801s
§117 119
ioi' ioiii
41(114 115
148^ I4914691* 69%38it 39102116
10390i» 91
89J4
110103 105O914 89%801* 8171»H 7290
104i«
112
nils 112
d 991s 100103
36 6083
llOis10810565 581?
11710510182 8640
8492
251s 26I2
1041s 105109107100% .^
104 10691
1121125e .
112 112%
ioiij10996
98
88lOSis113107109109
105IIOI4 nils1191s1191171s 11812102 14 -..--.
10088 89
KULBOAD BOHD*
St. p. Minn. A Mau.- (Cont'd.)
-
Montana Cent.— I Rt. fis, 1937JAJEa8t'n,Mlun.,lHt,g..5a,1908.AAO
4anAnt.AA.Pa«s.,lst.68,1916.JAJdo l8t.(>8.1926.JAJ
SanF.&N.P.- l8t,5a,g.,1919...JAJSandusky Mansf.AN.—Ist, 78,190!)
^»v. Fl. A W.— Ist, 68, 1934. .AAOAt. A Gulf, con. 7s, 1897 ....JAJ80. Oa. A Fla.—l8t, 78,1899.M&N2d, 78, 1899 MAN
Seaboard A Roan.—68, 191d..FAA68, coup., 1926 JAJ
Seat.L.S.AE.-lst,gold,68,'31.FAASbam.8un.&Lcw.—l9t,58,'12MANgham.V.A Potts.—78, cou. 1901JAJSaenan. Val. -Ist. 78, Tr. rcc.JAJGeneral M., 6S.1921 Tr. rcc.AAOlEiomcs, 68, 1923
3hreve. A Hous.-1st, 68, gn., 19143odus BayA So.—l8t,58,g.,1924JAJ80. Cen. (N.Y.)—Consol. mort., 58..9o. Carolina—Ist M.,68,1920. .AAO
Do Ex April, '89 coup.AAO2d mort., 68, 1931 JAJIncomeOe, 1931
So. Pac.,Ariz.— 1st,68,1909-10.JAJSo Pac.Cal.-l8t,6s,g.,1905-12 AAOIst con. g, 58, 1938 AAO
80. Pac. Coast—Ibt gu.,g., 48, 193780. Pac. N. M.— 1st. 68, 1911 .JAJSpok.FallsAN.-l6t68,g.,1939.JAJState L. ASul.—iBttis, 1899. ..J&JSlat. I8l. R.Tr.—let 6s,g.,1913.AAO2d mort. guar. 5s, g., 1926. .JAJ
Steuben. A Ind., Ist 58, 1914. .JAJ8anb.Haz.AW-B.—l8t,58,1928MAN2dmort.,6s, 193?, rcg MAN
Sanb. A Lowistown, 78, 1806..JAJSusp. B. A Ene Jimo.—Ist 7s, 1900Syr.Blng.AN.Y.—consol.78,'06AAOTerreH A Ind.—lBt,7s,18St3 AAOConsol. mort., Ss, 1923 JAJ
Terre H. A Ix)g'pt.—l8t,gu.,68,JAJIst and 2d, 6s, 1913 JAJ
Tex. Cent.—l8t,sk.fd.,78,1909MANiBt mort., 7s, 1911 MAN
Texas A New Orleans—Ist,78.FAASabine Dlv., Ist, 68, 1912. ..MAS
Tex. A P.-Ea8t.D.l8t68,1905.MA8Ist gold, 5s, 2000 JAD2d gold Inc., 58, 2000 Mch
Tol. A. A.ACad.—lBt,6s,1917.MA8Tol. A. A.AGr.T.—l8t,68.1921.JAJTol. A. A.AM.P.—l8t,6s,1916.MA8ToLA.Ar.AN.M.—l8t,6s,1924.MANTol. AObloCent.— l8t, 58, gu.l93."iToU A O. C. Ext.-lst, 5s, g., 1938.Marietta Min., let, 68, g., 1915..
Tol.PeoriaAW.—l8t,4s,1917....J&JTol. Bt.L.AK.C.,lst,6s,1916...JADUnited Co'sN.J—Gen.68.1908.MA8
do gen. 4s, 1923 FAAdo gen. 4e, 1929 MAS
sterllngdo 68,1894 MASdo 68,1901 MAS
Union Pacitlc-l8t,6s,g, 1896.JAJ1st, 68. 1897 JAJ1st, 6s, 1898 JAJIst, 68, 1899 JAJSink. F., 88, 1893 MASOm. Bridge, sterl. 88,g.,'96.AAOCollateral trust, 6s, 1908 JAJCollateral trust, 5s, 1907 JADCollateral trutt m;8,1918..MANKanB. Pac, 1st, 6s, 1895 FAA
do let M.. 6s, 1896 JADdo Den. Ext., 68,1899.MANdo Ist eons. M.,6s,1919MAN
Oregon 8bcrt-L. A U. N. ConsolOregon 8hort-L., 6s. 1922 .. FAAUtah So., gen., 78, 1909 JAJ
do Ext,l8l,78,1909JAJU.P.Lin. AC. l8t,e.,5B'18AAO
Utah A Nor.— Ist M. 7s,1908.JAJGold 58, 1926 JAJ
Utloa ABl'k R.—Mort., 78, "91.JAJ
;
Valley of Ohio—Con. 68, 1921.MASVer. A Mass.—Guar. 58, 1903 MANVioksb. A Mer.—1st, 6s, 3 921.AAOVlcksb. Sh. A Pac. -Prior lien, 68. .
Virginia Mid -Ist 8er,6s,1906.MAS2d series, 68, 1911 , MAS8d series, 68,1916 MA84th series, 3-4-5s, 1921 MAS5th series, 5s, 1926 MASIncomes, cumul., 68, 1927. ..JAJGeneral 58, 1936 MANdo guaranteed, stamped
Wabash-lst goldSs, 1939. .MAN2d gold 58, 1939 FAADtb. mort., aeries A, 1939. ..JAJDeb. mort., sefies B. 1939. ..JAJSt.L.K.C. AN. (r.est.A E.),7s.MAH
do St. Cha'B Bridge 68, 1908do No. Mo., Ist, 1895. ..JAJ
Warren (N.J.)—2d, 7s, 1900 ..AAOWest Chester—Cou. 78, 1891. .AAOW. Jersey A At. Ist M.,68l910MASWest Jersey—1st, 6s, 1896 JAJIst mort., 7s, 1899 AAOConsol. 6s, 1 909 MAN
West Shore—Guar. 48,2361.. JAJWe8tVaC.APitts.—l8t,6s, 1911JAJWest'n Ala.—2d, 88, guar.'90.AAOWesLMaryl'd—3d en.,6s, 1900.JAJWest.N.Y.APenn—l8t.5a,1937JAJ2d m., 3s g.—5rsc. 1927. ...AAOWarren A FraLk., l8t,7s,'96 FAA
W'nNo.Carolina-l8t,7B,1890.MANConsol. 6b, 1914 JAJ
West'nPenn.—Ist M.. Os, '93 . .AAOPitts Rr., 1 «t M Ko 'PR T.». 1
Bid.
114101871s871s
5 ....
&109UOis1151s107104
90
120115it531555
961*97
101
107
'114102108 14lt2%96
11451111321s1071*1021s97954747
11092ie39 Sg
108
Ask.
115
to88
113
11210610896
1161s
256510663 Is
609
1061s
1101151021s
103%
92i«39 '8106112
1061s 1071s97
76 14
bSis130
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109 14lllH11111691113
102
tl03i4MOl106§106%
118.117
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861^87
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10536108100
94m317e
100
76I3
109122
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106%107
11191 12101 14
Baiuboad Bonds.
8789
103!>6
821s
1051s109
120
'32ii
10293
W. Penn.—(Con.)-Gold 48,'28.J&DWbeelingA L. Erie—lst.68,...192gWheel. Dlv., 1st, 5s, 1928. ..JAJ"
Wllm. Col. A Aug., 68, 1910 ..JADWilm. A No.—Ist. 58, 1907-27.JADWil.A Weldon-S. P.. 7s, g., '90.JAJ5s, 1935 i JAJ
WinonaA8.W.—lst,63.g.,1928.AAOWiscon. Cent.Co.—l8t,58 1937.JAJIncomes, non-cum., 58, 1937
Wore. Nash. A R.—58, •93-'95. Var.Nash. A Rooh.,guar..5s.'94.AAO
Zanes. A Ohio R.—I8t,6a.l916. FAAUAII.KOAD STOCKS. Par.Ala. Gt. South.- A., 68, pref.,. £10B, common £10
Ala. N. O. & Pac, Ac, A, pref. £10do do B, def..£10
Albany A Susqueh., Guar.,7...100Atchison Topeka A Santa Fe..lOOAtlanta A Charlotte Air Line ..100Atlanta A West Point 100Atlantic A Paoittc 100Augusta A SaTannah, leased . . . 100Baltimore A Ohio 100
do l8tpref.,6....100do 2d, pref 100
BeUevilleA So. lU., pref 100Boston A Albany 100Bostou Con. AMont.,pref 100Boston Hartford A ErieBoston A LoweU 100Boston A Maine 100Boston A N. Y. Air-Line, pref . . 100Boston A Providence 100BoBion Revere BeaohA Lynn.. 100Brooklyn Elevated 100Bulialo Rochester A Pittsb 100
do pref 100Burlington C. RapidsA North. . 100California Pacific 100California Southern 100Camden A Atlantic 50
do do Pref 50Canada Southern 100Canadian Pacific 100Catawissa 50
do Ist pref .'>0
do 2dpref 50Cedar Falls A Minnesota 100Central of Georgia 100Central Massachusetts 100
do pref... 100Central of New Jersey 100Central Ohio 50
do Pref 50Central Paoiflo 100Central of So. Car 50Charlotte Col. A Aug 100Cheraw A Darlington 50Cbesap'ke & Ohio. Vot.Tr. cert. 100
do do Ist pref. 100do do 2d pref. 100
Cheshire, pref 100Chicago A Alton 100
do pref 100Chicago A Atlautir, Tiust receipts.Chicago Burlington A North.. 100Chicago Burlington A Quia07..100Cailoago A East. Hlinois 100
do pref 100CUoago Milwaukee A St. Paul. 100
do pref., 7. looChicago A North Western 100
do Pref., 7.. 100(Dhloago Kock Island A Pac 100Chic St. LoulB A Pitts 100
do pref 100Chic St. P. Minn. A Om., com. .100
do pref.. 100ChlcagoA West Michigan 100Cin. Hamilton A Dayton 100Cincinnati N. O. A Tex. Pac 100Cin. Sandusky A Cleveland 50Ciuciuuaii A Sprlugtield 50Cin. Wash. A Bait. Trust lec.lOO
do pref. .100Cleveland Akron ACol 100Cleveland A Canton 100
do do Pref.. 100Cleve. Cin. Chic. A St. L 100
do do pref 100Clev. A Pittsburgh, guar., 7 50jColumbia A GreeuviUe.pxei 100Columbus A Xeuia, guar., 8 50CoL Hock. Val. A Tol.... 100Col. Springf. A Cin 50Concord 50Concord A Port8mouth,guar.,7 lOoConnecticut A Passumpsio 300Connecticut River 1 00Consol. of Vermont, pref 100Cuireut Kiver 100Dayton A Michigan, guar., 3 is.50
do Pref., guar., 8.50Delaware A Bound Brook 100Delaware A Hudson 100Delaware Lack. A Western. 50Delaware A New England 100Denv. AKioGr. 100
do do pref.100Den. Tex. A Ft.W, voting cert. 100DesM. A Ft. Dodge 100
do do Pref .100Detroit Bay City A Alpena. ...100Det. Hills. ASouthwest 100Det. Lan. A Northern 100
do do Pref 100Duluth 80. Shore A Atl. ...... .100
do do Prcf.. .100East Teun. Va. AGa. Ry 100do do 1st pref 100
10ke 414
e 2i«
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902171*133
2181331*
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2601431s
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« 59( 56%
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23 -is 23%611.41 1» .....a
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614 71432 32 >a
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153>430
17320is 21141s 15
1.^0 150 14
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30721s 80
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16 17
4b I4 491434I4 3<%6
18 25
"77" 8020
30A a
17 209I4 9%
7)i« 739>3t 3%
* Price ncmiual. 4 FU! obaaer alao payi •earaed Interest, e In London gOoapoaoff. « Price per share. I In Amsterdam.
Fkbruaey 15, 1890.J l^HE CHRONICLli 239
aB>fSRA.Li QQOrATIONd OV SPOOKS AIID BONDS—CJontijiijbd.
For B»Pl>n»tton« See Not«« »t Hemd of FIft Pag« of Quotations.
lUtLKOAD Stocks.
East Fennnrlvania.&OEastern (Mass.). ..100
do Prcf . 100Eastern In N. H.. 100EUz. Lex. A Big 8.100ElmiraA W'msp't. 80
do Pref 50Evansvllle & T. n. ftOFltolibnrs, Fret. ...100Fllnt& PeieMarq.lOO
do pref.. ICCFla.Con.iS: Peii.V.T.Cerdo Isi pref.cum.lOOdo2<1pf.n(m-(!um.lOO
GeoiKia Paciflc.lOOGa.RR.&B'kitCo.lOOGr. Kai-ldsA Ind .100Ot. Ncrtli. Ry. pref..Gr.B. W.&St. P...100
do Pref...lOrHar.Por.Mt.J.&L..50HouB. & Tex.Cent. 100Hon ting. 4 Br.Top.50
do Pref. 50nUnols Central... lOfdo leased l.,4p.o. 100
Iowa Central 100do Pref. 100
Jefl. M. & Ind., I'd. 100Kanawlia & Ohio
do ist pref.KBn.O.Ft.S.&Mem.l00Kan.C.Ft.S.A G.pf.lOOKan.C.Meni.& Blr.llOKan.C.Cru & Sp'd.lOOKan. City &Oin»ha...Kan.C.Wy. &N W 100KemuoSy Cent 100Keokuk <fe Des M..1C0
do pref.. 100Keokuk & West'n . . 100Klngsl'n&Peuibr'keSOLake Erie <Si W....100
do Pref. 100U 8h. A Mloh.BclOOLehigh Valley 50Little Miami 50Little Roek&Pt.e.lattle Sclm'k'l 56Long Island 50Lou. Evaus.&St. L.100
do. Pref. 100Lonlsv. A. NaBliv..lO<.iLonisv.N.A.&Chio.lOOLouis. St. L.& Tex. 100Louisville Soutli'n 1(J0Lynn & Boston 100Mahoning Coal RR.50
do Pref. .50Maine Central 100Han. & Law'ce 100Manhattan, con... 100Marq. H. AOnt.. .100
do Pref.. 100Maseawippi 100Memph.4 Charl .. z."!
Mexican Central ..100Mexican Nat., Tr. reo.Mex. Nat. Couslr. Co.Michigan Cent.... 100Mil. Lake 8. <fe W..100
do pref. 100Milwaukee & No.. 100Mine Hill 4 S.H....50Mlnneap. & St. L..100
ao Pref... 10(1Mlsso'l Kan.& Tex. 100Missouri Paciflo...lOOMobile* Ohio loOMorgan's La.&Tex.lOOMorris 4 E'x, gu.,7.50Nashv.Chat.A St. L.2.TNasi tm 4 Lowell. . 100N'squehoning Vall'ydoSew Jersey 4 N.Y. ItO
do pref.. 100New Jersey Southern.».Y.Ceut.4 H.Riv.lOoBT.Y.Ch.Aat.L.newlOOdo Ist pref. 100do 2d pref. 100
a. Y. 4 Harlem 50K.Y.Lack.4West.. . 1008f.Y.L.£rie4 West. 100
do Pref.100W.Y. 4 N.England- 100_ „ „ do Pref. 100W.Y.N H.4Hartf.lC0H.Y.4 North
. , pref. 100H.Y. Out. 4 West.. 100N. Y. Phil. 4Norf.lO(.N. Y. Prov. A Bost.lCOS.Y.8usq.4 WesfnlOO
do Pref. 100N. News 4Ml8s.Val.Cusrort.4 West,, com. 100
do pref. 100HO. Pennsylvania..50Northern Central... 50Northeastern 5tHonh'n N. Hamp.lOtNorth'n Pao., com . 10(
do Pref. 100Norw.<a Won-, ster.looOgd. 4 L. Cliamp.lOOOhio lnd.4 West.. root
do Pref..re(>rOhio 4 MiBs 100
do Pref. 100Ohio Southern 100Old Colony looOaiaha4St. L 100Cm.4 St. L., prnf .100
X 68138
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177
Oreg. R'y 4 N»v 100Or. S.L. 4 Utah N.lOOJregonTraiiB-ContlOOPennsylvania RR. .50Pcnn. 4 N()rlliwe.st.50Peiisacola 4 Atlan.lOOPeoria Deo. 4 Ev..l00Petersburg 100»hUa. 4Erle 50Phil. Germ. 4 Nor.. 50Phlla. 4 Read. cert. 50Phila. 4'riouti)n..l00Phlla. Wllm.4 Bait. 50i»ittB. Cln. 4 St. L..50Pitts. 4 Conuell'e..50'»ltt8.Ft.W.4 C..guar.7Pitts. McK. A You. .50Pitts.Va. 4Cliarle8.50Pitts. 4 Western. ...50
do Pref.. 50PlltB.YoungB.4Ash.50
do pref 50Port.8aco 4Ports,lsd 6Port Royal 4 AugustaPorts. Gt.F.4 Con.lOoHens. 4 Saratoga. . 100Rioh.4 Alleg., cert.Rich. F. 4 P., com. 100Richmond 4 P'h'g.lOOKloh. 4 West Point 100
do Pref— 100Richmond YorkB.4C.Rio Grande West..l(
do pref. 100RimeW. 4 Ogd... 100Rutland 100
do Pref., 7.. 100St. Jos.4 G'd Isl'd.lOO8 5.Loui8Alt.4 T.H.IOO
do Pref. 100St. L. Ark.4 TexaslOO
do rights .
St. Louis4SanFr.lOOdo Pref 100do 1st pref.100
St. L. Van. 4 i'. HSt. Paul 4 Duluth.lOO
do Pref.100St. P.Miun. 4 Man.lOOScioto Valley 50Seab'd 4 RoanokelOOSouth Carolina 100Southern Pao. Co.. 100J'west., Oa., g'd, 7.100Juminit Branoh.Pa.50Simb'ry 4 Lewiet'n.tOFerre H. 4 Ind'nap.50Texas 4 Pacitio . . . 100Col. Ann Arbor 4 N.Mrol. 4 0hloCent'1.100
do Pref. 100rol. Poor. 4 West. 100Tol.8t.L4K.City..l00
do pref.. 100a. N.J.RR4C. Co.lOOOnion Pacific 100Utlca4BlackRiT.100Vt.4 .Ma8s.,l'sed,6.100Virginia Midland ..100Wabash RR 100
do pref.. 100Warr'n(N.J.),l'8'd,7.50West Eni (Bost.)...50
do. pref. (Bos.) 50West Jersey 50West Jersey4 Atl.. .5(j
Western Maryland. 50West. N.Y.4 Penn.lOuWheel. 4 L. E 100
do pref. 100Wll. Columbia 4 A.l 00vVllm. 4Weldou,7.100Wisconsin Cent. ColOO
do Pref. 100Wor.Nash.4 Koch. 100CANAL BONDS.
Che8.4Del.-lst. 5s,'16Del. 4 nud.-8ee RRa.L«hlghNav.- 4i«8, '14BR. 6s, reg., '97,Q-FConv 68,g.rg.'94»f4868,g.,cp.4rg..'97J4DOons.M.,1911 7sJ4DGre"n.Tr.78,'92.l'4ALeh.C.&N.,4iaa,1924
Penn.—68, coup., 1910CANAL S'ruCKiS.Chesapeake 4 Del. .50Del. 4 Hud.—See RRa.Lehigh NavigatioD..50Morris, guar., 4 100do pr.,guar.l0..1OO
mSC'LLAINGOtJMBOND8.
Amer. Bellfel. 7s,'98.Am. 8S., 68. '96..A40Am.Wat'rW.Co.,l8t,6sl8t,con.58,1907.J4J
Birmlng. E(iuii>. Co. 68.
Bost. 4 Mout., 7s, '98Best. Uu.Uaa.Tr. c.58.2d, 5s, 1939.... J4J
Cahaba Coal, Ist,7s,'07Chic.G.L.4C.l8t,58,'37Col.Coal4 Iron— lst,6sC.41I. C.4Ir.,63-l917CmsVck Tun. Isllno. 4Con.Gas.,Bait. ,cou.5s.68, 1910 J4JOor. Coal oonv.68'97
Eq. G. 4 F. Chic. lst,6sHackeus'k Wat. Ist, 5sHend'ii BrldacMls. 13:J1
125!^10
12418021
21''e781*
18411049V
72:V
'Vo' 45110 l!i5
6 51a
16% 1838 39
935
331a 3483 86
1121s II3I91
140lis 21a
32% 33%
6 7s— ...
9021U
96
361s447015
(231OS's130133431J1325 •'a
"8lis82%59
11
33386838106110SOH63120
112112%lOitia114130
ioiifl64
» 52%<»197
5II2I41061s
§103 la
9lia7510991it
1031s9631101113
90101 Is
l.lia
1412518524
221679 S)
'19'
431061073
36''8
477215 la
31>a232H66ie1501344513%28
85'
83604412%91433%6938
30 1«
1201,
80
1131131s
MUOBLLAHEOCI.
II4I4'
108
65
52^1
1121s
101
92>s77
94%104
34lOlia1131a
Iron Steamboat Co. ObLaaledeUai>,St.Lltt5aMaxw'UL.U.prior l.,6sIncome
Mut. Un.Tel.,68. M4NNew ling. Telcph. 68..N. O. Pao. land grantsN.W.Tel. 78, 1904.J4JOr.Imp., Ist, 68. 1910Ooean 8S.Co.,I«Cguar.Pa. Steel, Ist. 5a. 1917People's O. 4. C. Chic.
Ist, 68, 1904, M4N.2d. 68
Phlla. Co. 1st, 68, 1898Poughk'8ieB'ge,l«t,6a.St. 1/. Bridge 4 Tunl8t, 7«, g, 1928.A40
Susq. Coal, fs. 1911Tenn.C.41.—T'nn D.68BIr. Div. Ist, 68,1917W. Union Telegr.il hDeb.79,'75-l!)OOM4NDob.78, '84-1 900 M4NCol. Tr.,!8, 1988.J4JWhlteb'st Fuel- «., 6«Wyo. Val. Coal Ist 68..niSCL L .A NEO [1
8
s'rocKs*.Amer. lliiiik Note Co..Amer.Pig Iron War'ntsAspinwall Land 10Boston Land 10Boston Water Power.Brookline (MaBS.)L'd5Brunswick CoCambiia Iron 50Canton Co. (Bait.). 100Con. Kan. C.S. 4 R.,25Contineut'l C in.4[mp.
do ex-dividend.CeT.4 Ciu.Bridge.lOO
do ' pref..East Boston Land. ..
Frenchman's Bay Ld.Hackensack Water, 25
do prer., 25Henderson Bridge Co.Illinois Steel 100Icon Steamboat. ..100Jollel Steel 100Keeley MotorManh'tt'n B'ch Co.lOOMaverick Land.... 10Maxwell Land Grant,Mex. Nat. I'onetruct'nMt. Des. 4E.S.Land.5.N.E.Mtc.Secur.iBost..M. Y. Loan 4 tmpr't...Northwest Equip. 100Oregon Improve.. 100
do pref 100Pacific Mail SS. Co. 100Pennsylv. Steel. ..100PhUa. Co. Nat. Gas. 50Pipe Liae CertitiuatesP(,u>,'h. Bridge ....100PuUm'nPalaceCarlOOSan Dii'go Land.....3t.Louls B'dge, 1st pref2d pref. cert 100
8t.LouisTun. RR.IOOSt. Louis Transfer Co.South'u Cotton Oil Co.Tex. 4 Pao. L'd Tr.lOOCniou Ferry Co. ..100Chic. Un. Sfk Yds. Co.Wagner Palace Car Co.West End Land (Bost.)Westingh.Alr Br'ke.50COAL & miNINGSTOCKS, N.Y.
American Coal Co.. 25Jabalia Coal 100Cameron Ir.4OoaU00Colorado Coal 4 1. 100Ctlurado Fuel 100Col. 4 llock.e. 41.100Conaol.Coalot Md.lOOHomestake Min'g.lOOlUiaois Coal 4 Coke..Lehigh 4 Wilkesb.CualMarshall C:k>n.Coal.lOOMaryland Coal 100Minn. Iron Co 100New Central Coal . 100N.Y.4 Perry C. 4 LlOOOntario Sil. Min'g.lOOPennsylvania Coal.50QoloksUver Min'g.lOO
do oref.lOOSunday 'Creek Coal...
do pref..Tenn.(3oal4IronColoo
do pref. 100Whitebr'st FuelCo. 100BXFKBSS SX'CIASAdams 100American 100United States 100Wells, Fargo 4 Co. 100
TRUST STOCKS.Amer.Cotton Oil. . . lOuTrust receipts. .100
American (jaltleAm. Pig Iron War'utaChicago GasDUtlllers' 4 Cattle F..Linseed OUNation^ LeadStandard OilSugar Rellueries* Co .
Bid.
~80~
84%79
101%23"'
102>*103 >4
101
'86'
el35
103102
115
101 »s
42
7%6i«
5»8414
31
5212046165
19031a6%
100100
98
17721a542
' 13'a2093c,
50105469iS8I9
r'si's1051a
Aak.
80
1031(527
10.41s103
"8614
140
104 is
103
M2
MnOBIXAWBOUS.
44198645'»4%3310353
"i-JH1710
2003%CI4
981s
56is2 Is
14239So.
5411048983S%
20532%105%
183IT'S
«110e53
el0775
20
128
25
542
50801823828%24
1181
15382806%
351a
8.!
108
15111585
135
28%10
47%38%4518%166
190181s
11255
lOJ80
22
132'
25 14110
35014811925102926
16851125403006h37
8214114
15511789140
29161947 'a39%4619
17060
TBLKGRAPH^Ameilcan District. 100Amer. Tel.4 Cable. 100Cent. 4 So. Am. CableComii.erl Cable Co 1 00Franklin 100Gold 4 Stock 100Mexican 100Norl hwokt. K«ir tO;Pacitia4 Atlantic.POHtal Tel. 4 Cable8outh'n4 Atlantic. 25Westiru Union 100TELEPHONE,
Ameriuau Bell 100Erie 100Mexican 10N. Y. 4 New JerseyNew England 100Tropical 10
ELECTRICLIGHT, &c.
Brush, Bait 100Brush Eleo. Light...50Brush lUuiuinat'glOOCoiiHolidutod 100Edison (if.n. Elco.lOOElison TrustEdis(m Illumlnat..l00Ft. Wayne Eleo. 0J..28Julleu KlectrlcCo...Do Tr*(ttionCo..
Spanlsh-Amer. L. 4 P.Thom.-ll. Elec.Co...25
do prof.. 25do T.SJoSer.O.lOdo do Ser.D...
Thom.-H. lnternst.100do pref.. 100
Thorn. Welding Co.lOOdo Europ.W.Co.ltO
C. S. Electric Co.. 100U. S. IlluiulnatCo.lOOWestingliouae El. L.50'rRUST CO'S
Am. Loan 4 Trust. 100Atlantic 100Brooklyn Xriut ...100Central 100Farmers'Loan 4 Tr.25Franklin 100Holland 100Knickerbocker 100Long Island 100.Manliattan 30Mercantile ..100Metropolitan 100Nassau 100N.Y. Life 4 Trust.100N.Y.Securlty 4 Tr.lOOPeoples', Brooklyn.State 100Union 100United States 100Washington 100N.Y. 4: BH'KLTNHOUSE Kits.
(See Liical Securities inCUKO.siCLE each ic'kexcept third ofmonth)
GAS STOCKS.Bait. Consol. Gas, yewBay State SOBrookline, Mass. . . 100Brooklyn, L. I.
—
Brooklyn 25tJitlzens' 20Fulton Municip. 100Metropolitan 100Nassau 25People's 10WllUamaburg 50
Cambridge, Mass.. 100Oh»rle8t'u,8.C.,Gae.2;iChelsea, Mass 100Chicago Gas Trust.lOOCincir. G. 4 Coke.lOoEast Boston .... 25Hartford, Ct., G. L..2.'>
Jamaica Pl*u,MasslOOJersey ( ity—People'sJersey C.4 Hobok'n 2<,
Lawrence, Mass . . . lOOLouisville Gas Light.LoweU 100Lynn, Ma88.,G. L..100Maid . 4 Melrose ... 100Memphis GasN. Orleans Uas L.lOOSew York City-Central 5i
Consolidated . . . . lOoEquitable 100Mutual 100Standard Gas.pf.lOO
Newton 4 Wafn..lOOPittsburg Gas Co.. .50Portland, Me., G. L.5oSt. Louis. Laclede. luO
do prof..Salem. Mass lOoSan BYanolsoo Uas ....
Wash'tou City Q. L.2i
jniNING STOCKS.(N. Y. 4 SAN. FRAN.,Adams CousAmadorAmerican Flag...AliceAlta Montana 100Astoria
Bid. A«k.
84i«180li>2
25982508058338084
221X 37
76c.
z 5245<
85405194B59113%
632&<>g
7 '8
1154040471s
1153984009506601971s
170170120265242115660178160175650750175
120199
85V10383
es35
"Hh
2223714.8O0.
53"500.
95606394579214i»IS2'»
3526-17»
235-108225-11»5060481*
120
160
ias'165190
851s 56
119 121
109 111
12294
125
80•..•«
11047%
20441%' 4225
I30
xl«0 165
12320021
11547>
205
xl41123240150xl2040101%
759611710884
««7016
rli2551443%
•501-00•(12
l-OO100•05
14312424615512360ICS
83»712010»86165• • ••7518
115
441*
s-oo.04
i^as07
t-iioo nominal; no la tetraiuaoUoiu. } Purchaser also pays accrued interest. e In London. «Quotations per itiaio.
240 THE CHRONICLR (Vol. 1.
GENERAL QUOTATIONS OP STOCKS AND BONDS—Conolitded.
For Bxplanatlon* 9«e N<»te« a« Head of Flr»t Pase of gnotatlona.
•IIHINO STOCKS.
BarcelonaBelle I»)e 100Be»t A Beli'ber...Bo<ile 100BreeceBulver 100Caledonla B. H .... 101)
CashierCsBtle CreekConeol. Callfoinla.lOOCod. ImperialdirynoUte 50CliolUr 100Ociofitork TiinrelCoueol.Cal AVaCrown Point lOvI>eidwoo<lDenver CJij Con...DunklDElCrUloEurtkaCoDsol.... 100Fatber Ce Smet ., IOC'
Fre landGould <i Curry S..100Hale & MorcroES. .100Holj-ukeBom SilverIronSllvar 20Iron HillKinfca.APenibr'ke IronLaoroese 10l«»dvUle Consol. . . . 10little Chief 50lilttle PittsMexican O. &. SUv.lOOHODOMoultonNavaio 100Korth Belle Isle....Ophlr 10Oriental & Miller..Flymouut Consol..
.
Potoei 100Bappahanook 1Bobfnson Consol.. 50SavageSlerraNevada 100Silver King.aes'ntpaidStandard 100Butro Tunneldo Trust cei^
Dniou Consol 100UtahTellow JacketBOSTON nilNlNU.Allouez 2dAUantio 25Boet. &Mon..(CopperiButte A Boston 25Caltiniet <Sc Hecia...25CatalpaS Iver ICCeutciiulal 25Cealial 25FraLkiin 25Hur m 25KiarfiaEe 25National 25Osceola ...25Pewabic .... 26Qulncy... 25Rld)?e... 25Tamarack 23
Bid.
•JO2-40•40•60•15
1-25
•0245030•20230•18
4-«01^351-50
Ask.
•70:•70'
500
2^60•19
4-95
112H116%2050139>a615100
as"12013 60126960179%xll2510597
490
21
102 >s
nANUFACT^lNG.Ajn,i:,ineu(F.Kiv)1100Aaaorj- iN. H.) 100AmosKea^ iN.H.) 1000Androscog'n (Me.).100AppletOD (Mass.). 1000Atlantic (.Mass.). ..100Barnaby (FallRiv.)...Barnard Mfg. (F. K.)..Bates (Me.) 100Boott Cot. (Mas8.)1000Border aty Mfg. (F.R.;Boston Co.(Ma88.)1000Boston Belting 100Boat. Duck (Ma88.)700Chace (FallKlv.) .100CIiicopee(Mas8.) -.100Oocheco (N.H.) 500Collins Co. (Conn.).. 10Continental ^Me.). 100Cres't Mills (F. R.; 100Crystal Spr BI.(F.B.).l)avolMlll3(F. R.)100Dou^l'aAxe (Ma88)100Dwlghc (.Mass.). . 50OEverett (.Mass.)...NewF. E. Machine Co.. 100Flint MlUs (F. B.) 100Franklin (Me.) 100Gl'b«Y.Mills(F.R.)100Granite (F.R.) 1000Great Falls (N. H.)100Hamilton (Mass.) lOOOHartf . Carpet (Ct.)lOOHill (Me) 100Holyoke W.Power. IOC ^ovJaokson (N. H.)..1000 945King Philip (F. R.) 100 103£iaoonia(Me) 400 x520I*ncaslerM.(>'.H)400frel Lake Mills (F. R.)tawreuce (Mass.llOOOIx)weU (Mass) 690liowell Bleachery.lOO, looLowell Maoh.8hop.500i 850lO'manM. (Mass.l.lOOi 65Btauchrster(N.H.)100 148Mass. (Joiton 1(X)0 1070Ueobaulus' (F. R.) 100|tte.T-'- -•• (F. R.) 1001
.6016030•25•60
1-252-70•02
2-302-1535•55•06•10•20
"i'in•30•25
703-.'0
•062001-50•05•30
1-501-80•12•30•05•47
215•50
1-90
1-S5l."?
453812%
25'^
13c2S
X 1013143>«
91.J
2X 26^1
8UX 70
1162
•65
3-20•C6
2-40
•65
"•12
3-00
•.^0
.351
|'3'-'90,
77079%60110103117
1091005102am
2bO
57511015206451361a
1^80
•401-902-10
60•08
235
1-951445%13
25515r.•2bH
13»»4
102>a26%8%!
711>4
163
115116%2055140620IOOI412099I20141365128975180IL^O107100495
92m6060105
77580
112108 14
2.5010J>4101010682
950
5305771121530660159S-iO66
148141075100f2KU,
Bank Stocks.
>ferrlmack(Ma88)1000Metaconiet (F.R.) .100Vliddlesex (Mass.). 100Sarragaiis'tt(F.R,)100<laBhua (N. H.)....500Vaamkeag (Ma88.)10Dgr. E. Glass (Mas8.)373Newmarket 500Paolflo (Mass.). ..1000Pepp9rell(Me.)....500Pocassel (F.R.)... 100Rloli.Bord'n(F.R.)100Bobeson (F. Rlv.) 1000Jaxamore (F. Rlv.) 100UlmoiiFalls(N.H.)300tendw.Ula8S(Masa.)S0Shove (FallKlv.). 100Made (Fall Riv.)..10OStafford (FallRlv.) 1 00Itark MUl8(N.H.)1000reeomseh (F. R.).100niomdlke(Ma8s.)100Crremont&8.(Mas8)lC0TroyC. AW.(F.R.)500Union C.Mf. (F.R.) 101Wampanoag(F.R.) 100Wa8liingtn(Ma38.)100Weetaiuoe (F. R.llOOWUlim'tlc Llnen(Ct)26York Co. (Me.) 750BANK STOCKS.
Baltimore.Bank of Baltimore 100Bank of Commerce. 15Citizens' 10Com. & Farmers'. . 100Farmers' B'k of Md.30Farmers' & Merch..40Farmer8'&Planter8'25First Nat. of Bait.. 100Franklin 60German American 100Howard 1
Marine 30Mechanics' 10Merchants' 100IVatlonal Exch'ge. 100People's 20Second National ..100Third National. ...100Union 75Western 20
Tf Boston.Atlantic 100Atlas 100Blackstone 100Boston Nat 100Boylston... 100Broadway 100Blinker Hill 100• 'entral 100City 100Columbian IOCCommerce 100Commercial 100Oimmonwealth. . . 100Continental . . .....100Eagle 100Eliot.. 100Everett 100Exchange 100Faneull Hall IOCFirst National 100First Ward 100Fourth National.. 100Freemans' 100Globe 100Hamilton 100Hide & I^eather ... 100Howard 100Lincoln 100Uanufactorers'.. .100Market 100Market(Brighton).lCOMissachusetts 250Maverick 100Mechanics' 100Merchandise 100Merchants' IOCMetropolitan 100Monument 100Mt. Vernon 100New England 100iNorth 100N >rth America 100OldBostou 100Pdople's 100Ridemptlon 100Republic 100Revere 100Rockland 1001Sdcond Nat 100Security 100Siawniut 100,3hoe & Leather. ...100IState 100diiflolk 100[Third Nat 100ITraders' 100Tremont 100Union 100jWashington 100Webster 100
BrooklynBrooklyn 100First National 50Fulton 40
;City National 50Commercial 60
I Long Island 100I Manufacturers'Mechanics' SON»«"o'i 100
Bid. Ask.
3271s'77>a1601005871099036518001345
114275
9963
1200
1100138k1055
5260351140
1401520
346246
inis38I314
13313129I914
83
Bank Stocks.
100
116280
10170118120511211251391080iiO13552H62SSI*1145
129
4612510012411
170111S4><38
142H119%112122I3714
2001369519
12118131%100169%120IO6I4I34I41031271«Ulk253132 's
113IO4I41021221sI2314110114%1061001021s1102.'S0
13m671a147%101%220138165115141211s116%160I34141711231s151180
I3OI497 14126118llOis101Ill's1143s125%102
Bid.
Ghlcaxo.American Exch. Nat..Atlas NationalChicago Nat 100Commercial Nat. . .100Continental Nat...100First National 100Fort Dearborn Nat .
,
Hide and Leather.100Merchants' Nat.. .100Metropolitan Nat. 100Nat. Bk. of Amer..lOONat.B'koflUinols.lOONorthwestern Nat. 100DnlonNatlonal....l00On.Stook Y'ds Nat.lOO
Cincinnati.Atlas National 100Citizens' National. 100Commercial Bank. 50EquitabieNatlonallOOFifth NBtlonal....lOOFirst National 100Fourth National ..100German National . 100[Market National. .100Merchants' Nal'l . . 100NatlonalLatavettelOOOhio Valley I<at'1..100Second National ..IOCThird National. ...lOfWestern German.. 100New Orleans.
American NatBank of Commerce. 10Canal & Banking. .100Citizens' 100Germanla Nat 100HlberniaNat IOCLouisiaua Nat.. .. 100Metroi)Oiitan lOtMutual Nat 100NewOrleanaNat..l00People's 50State Nat ..100Union Nat 100Whitney National. 100:
New York.America 100American Exch'gelOOAsbnry Park Nat. 100Bowery... 100Broadway 25Butchers'ife l)rovers25Central National . . 100Chase National ...100Chatham ....25Chemical 100City 100Citizens 25ColumbiaCommerce 100CommercialContinental 100Com Exchange ...100East River 25Eleventh Ward 25Fifth Avenue 100First National 100First Nat.of Staten IdFourteenth Street.lOOFourth National. . . 100Gallatin National ..50Qameld 100German American. .75German Exchange.lOOQermanla 100Greenwich 25Hanover 100Hudson River 100Importers' & Tr...lOOIrving 50Leather Maniifts..lOOLincoln 100Madison Square. ..100.Manhattan 50Market & Fulton.. 100Mechanics' 25Mechanics' & Tr.. .25Mercantile 100Merchants' 50Merchants' Exch'e 50Metropolitan 100Metropolis 100Mount Morris 100Murray Hill 50Nassau 50New York 100New York County .100N. Y. Nat. Exch'gelOONinth National 100North America 70North River 30Oriental 25Pacitlo 50Park .'. 100People's 25Phenlx 20Produce Exchange 100Republic IOCSeaboaid 100Second National.. IOCSeventh National. 100Shoe & Leather 100Sixth National 100St.Nicholas 100StateofN. Y 100Third National ...100Tradesmen's 40United States Nat.lOOWestern National .100West Side 100
130115 118250 .....
285 310135 137320 >->95 98140 1.50
500 575280139250 260
165
971a220110
99%2702201801181s
100225120140100275
330145210146%277IJ
1091138
1691s32195180210153144605911421491s281
212162
1201421a
147220150300
no'sll»t17636
2752951881452503204300470180230200105
24016515012002000110165160275400
260250145335145560185248200100183210210220215
Ask.
170
INSITSANCE STOCKS.
I
Pliiladelpbia.;Bank of No. Amer.lOOChestnut St. Nat. .100Commercial Nat—60Comm'nwealth Nat.50First National 100Fourth St. Nat'l.. ..100GlrardNat 40Kensington Nat 50Keystone Nat'l 50Manufact'r'rs' Nat.lOOMecli anics' Nat 100Nat.Bk. N.Libertie8.50Penn National 50Philadelphia Nat. .100Seventh National. 100Western National.. 50
St. Ijouia.Nat. Bank of Com.100Commercial 100Continental Nat. . .100Franklin 100Fourth National ..100International 100Mechanics' 100Merchants' Nat. -.100St. Louis Natlonal.lOOThird National 100San Francisco.
Ant'lo-Callfonilan.....Bank of CaliforniaFirst Nat. Gold....100Paciflo
23015G148
152
22016399
148
5000
185
212112
Bid.
335 345120%
2351'22
102125
125169%95
123^
66\99
1C5
134380117270275100155125150116%
275160
349
13S
i'la*
120
162
125
590
250
i"io'
2-20
175255
162%12710
145165190165
1233
3253672501702474801351571£01472151752702^51401101801403251301.59250120112% 113%110 130
150118
16i
FIRE INSVR'GESTOCKS.
Hartford, Conn,.Etna Fire -100Connecticut . .. . .100Hartford 100National 100Orient 100Phroalx..^ 100Steam Boiler 50
I New Ifork.Alliance 1000American 50Bowery 23Broadway 25atizena' 20City 70Commonwealth. ..100Continental 100Eagle 40Empire City 100Exchange 30Farragut 50Flie Association ..100Firemen's 17German-American 100Germania 50Globe 50(Jreenwlch 25Guardian 100Hamilton 15Hauover 50Home 100Jefferson 30Kings Co. (B'klyn) .20Knickerbocker 30Lafayette (B'klyn) .50Liberty 8uLong Isl'd (B'klyn) .50Manuf. A Bnllders'lOtjNassau (B'kiyn) 5tj
National 37%New York Flr8....10oNiagara 50North River 26Pacific 25Park 100Pot»r Cooper 20People's 5oPheuix (B'klyn) 50Rutgers' 25Standard 50Stuyvesant 25United States 26Westchester 10Williamsburg City ..."><-
miABINE IN8C-liANCE SCRIP
Atlantic Mutual.. 18861887188818s91890
Commerl. Mut.1873-82
263I'M31914391196105
90140100135112110652252208590105
76303170117200SO871371331001506073bO45
1001356575Ito80160651357513512010090163170310
100101102103
Ask.
152117
90%290
165
26.512s32914a96200108
LOOISO11014011511590235230991001101058532017512220560DO14014010516070807550uo14070S51009017070160801401301051001701803:iO
101102103104
50 65
PRICES OF KXCUAN6BmK3I8EBSMIPii.
90%21597%200
92
98
N.Y.StookLast sale
N.Y.ConsoLSt'k & Pet.Lasii sale, Fdb. 12.
N.Y. ProduceLast bale„JdU. 23.
N.Y.CottonLast sale, Feb. 5. ..
N.Y.CoffeeLast sale.....
N. Y. MetalLast sale, Feb.
—
R'l Est Exc&Auc R'mLast sale, Feb. 12.
Boston StockLast sale, Feb. 1..
Philadelphia Stock . .
.
Last sale, Jan 28
.
Chic. Board of Trade.Last sale. Fub. 1..
Pltt8b.Pet..8t'k A Met.
$ 20,000 bid.20,500
3^5 ask.320
1,000 ask.1,000
550b.,600».575
500 h ,555 a.5 iO53 ask.85
1,25312,500 bid.12,300
2,000 »280O2,0007U0 ask.670
*i^i.<eiiomiiiali no Ut« traatfMtlons. §Qaotatlonaper,sha:e. 1 Last sales previous to Feb. 11 from Boston A<fver<i(<»-.
Febrcart 15 It i O.J I HE CHRONICLE. 241
Ittuestment
gaitoad Intjelltsjcutje.
The Investors' Supplement, a pamphlet of 150 pages,contains extended tables of the Funded Debt of States andCities and of the Stocks and Bonds of Railroads and otherCompanies. It is published ort the last Saturday of everyother month—v'z., January, March, May, July, Septemberand November, and is furnithed without extra charge to
all regular subscribers of the Chronicle. Extra copiesare sold to subscribers of the Curokicle at 50 cents each,and to others ot |1 per copy.
The General Quotations of Stocks and Bonds, occupyingfix pages of the Chboniclb, are riow published on thethird Saturday of each month.
RAILROAD EARNINGS.
BOADI!.
Alleebeny Val.AnnfsMu & AtlAnnistou & Clu
.
A.tch. T. & 8. Pe..Half owned .
.
Total ayeteinAtlanta St, Char.Atlanta A W.Pt.Atl. & Dauville.Atlantic At Pac.B.&O.Ea8t LinesWestern LinesTotal
Bal.&O.Soutliw.Bait, ifc Potom.'vcBeech CreekBir.Selma&N.O.Butt. Roeli.& PillBurl. & Nrirthw.Burl. & WesternCamden & Atl.Canadian PacificCp.F'r&Yad.ValCent. Br. V.PCen.KK.&BK.CoCentralof N. J..Central PacificOntralof 8. C-.Centr'l VermontCharlest'n & 8avChat.R'me&Col.Cheraw. &Dari.rfChes. & Ohio
.
ekes. O. & 8. WCheshireCnes. & Lenoir
,
Chic. & Atlantic.Chic. Burl. & NoChic. Burl. & QIJues conlrTd
Chic.& East. 111.
Chic. Mil. ASt.P.Chic. &N'thw'u.Chic. & Ob. RivChic.Pco.&8t.LChic.St.P.&K.C.Chic.8t.P.M.&0.Chic. & W. .MichClu. Ga.& Port*.Cln. Jack. & MacCln.N. O. &T.P.Ala. Gt, South.N. Orl. &. N. E.Ala. & Vicksb.Vicks. Sh. & P.Erlantrcr Syat.
Cinn.Northw'n.Cin. 8el. & Mod.Cin.Wab.&Mlch.Clev.AkroncVCoIClev. & Canton..CI.Ciu.Ch.&S.LClev. & )rariettaColor. Midland..Col. & Cin. Mid .
Col. Hock.V.&T.Colusa & Lake.
.
CovinR.&.Mac'n»ay.Ft.W.&Ch..Denv. & Rio Or.Den. Leadv.&G.I)en.Tex.<!£F.W.DetBayC.&AlpUet.Lans'g&NoDuluthS.S.&At!.Tenn.Va.&Ga.EUz.Lex.&B.S...Evans.&Iud'plisEvansv. & T. H.FitchburgFlint. & P. Marq.Flor. Cent.&P.FtMad.&N'w'nFtW.Cin. &L
Latest JBamingi JUporttd.
WtekarMo] 1889-90. 1888-9.
Ga. RR. & B. Co.Geo. So. &Fla..Br. Rap. &Iud..Cin.R.&Ft. W.Other lines. ..
Grand Trunk. ..
Chic &ar.Tr._Det.Gr.H.<SiM.
Decemb'rJanuary.
.
January. .
.
4th wk Jan4th wk Jan4th wk JanNovember.January...January. .
.
1 St wk FebDecemb'r
.
Decemb'r
.
Decemb'r
.
4th wk JanDecemb'r
.
Decemb'r
.
January. .
.
Ist wk FebJanuary...January. .
.
Decemb'r
.
Ist wk Feb.lanuary. .
.
November.Decemb'r
.
Decemb'r
.
November.November.Wk Feb. 1January...January. .
.
November.Ist wkFebJanuary...Septemb'r.November.Ist WkFebDecemb'rDecemb'rDecemb'r1st wk Feb1st WkFebDecemb'r
.
January...November.1st w It FebDecemb'r1st WkFebJanuary.1st WkFeb4th wkJanUh wk Jan4th wk Jan4th wk Jan4thwk Jan4th wk JanJanuary. .
.
January. .
.
January...4th wkJanDecemb'r
.
4th wk JanJanuary. .
.
1 at wk Feb4th wk JauDecemb'r
.
January.
.
January. .
.
January. .
.
1st WkFebNovember.4th wk Jan4th wk JanIst wkFebIst WkFeb4th wkJanDecemb'r
.
Ist WkFebIst WkFebDecemb'r4thwk Jan4th wk Jan
I
January...November.November.January. .
.
1st WkFeb1st WkFeb1 St wk FebW'k Feb. 1W'k Feb. 1W'k Feb. 1
*200,497
8,20.512,232
732,64340,410
773,053140,83950,65537,00060,188
1,620,754495,529
2,110,28363,62^
133,48078.3072,200
33.9814,2154,471
37,788204,00039,76290.752
878,4921,111,6071,278,395
10,59878,68457,82832,5007,770
144,112174,20656,4006,965
51,977149.346482,092717,68452.330
440,0002,182,964
5,80832,79071,060
583,53924.6893,7029,393
133,56067,06840,17726,29827,419
294,5222,2567,548
37,56419,89141,933
334,80119,03335.7878,735
184,9961,241
13,36939,540128,00095,31262,87815,71817.92128,18193,98462,9334.364
17,523494,97481,47735,0991,745
26,198165,90051,<i02
40,0517.5742,984
341,18669,74518,789
\
183,5458.2438,106
559,46148,549
608,010119,32248,26621.50051.134
1,314,001451,325
1,765,32660,961
113,22485,1151,835
36,8724,8623,449
35,399192,00034,78682,258
7,">0,366
977,2111,381,562
8.91570,08556,99416,0128,064
106,415170.32658,0747,046
40,516183,390
2,167,673606,37351,925
396,5121,940,627
7,87227,23347,183
457,57622,4703,9768,885
118,21958,55937.58620,63122,620
257,6151,410
12,98936,47515,74432,201
298.79519,71027,3088.849
220,5031,5078,236
36,932123,00075,74o50,44415,45715,70821,676
156,92589,5324,351
16,003473,51872,66231,4852,115
21,683163,'i'2914,.52039,4639,5893,348
319,76555,62517,225
Jan. 1 (o Latett Date.
1889-90.
2,369,9868,20512.232
2,137,495105,464
2,242,9581,366,418
50,65537,000
253,3 1417,311.9765,100,509
22,412.485194.852
1,033,733800,141
2,200149,328
4,2154,471
737,1441,176,000
39,7627,53.197
8,058,74113,497,39414,486,944
94,754379,693606,91132,50078,190
726,112174.206475,54767,238
273,5721,971,158
26,778,3127,289,304273,874
2,235,000
1888-9.
9>
2,098.9658,2438,106
1,732,957145.973
1,878,9291,196,019
48,26621,500
326,76915,437,3664,718,908
20,156,274179.905
1,539,124913.334
1,835220,259
4,8623,449
696,1281,089.938
34.786830,3,52
7,392,90513,177,47214,565,915
94.338337,440560,13316,01274,474
549,415170,326438,47071,915
210,1672,020,3193,789,1(!75,953,,596268,771
2,052,42126,185,280 25,832.974
5,808344,119405,756
6,422,644118,221:
3,70i51,836
358,691177,353104,71968,31860,512
775,5932,'2567,548
37,56460,937
448,612956,54619,033
169,10829,506
2,509,5181,241
13,36939,540
723,300911,244247,30440,00091,505
148,083584,809815,83023,28588,531
5,933,802226,517121,156
1.745283,701
1,458,83251,902
193ri5336,62516,291
1,617,76735.5,17189.848
7,872286,012239,141
6,416.320114.161
3,97652,277
319,378160.799100,80856,85353,624
691,1621,410
12,08936,47551,194
379,184871,2131",740
140,36227,350
2,893,9701,5078,236
36,932695,5it29;i4.660190,5a73-<,91586,905
119,062492.025
1,008,69026,<I0582,.556
5,574,804202.062109,742
2,115246,920
1,381,65714.520
200,22840.45917,225
l,56:j,178286,25186,147
R0AI>8.Latest Bamings Reported.
Vtekor3lo\ 1880-30.
Gulf <k Chicago. January...] 3,273Housatonic
|
November. 107,563Humest'n&Shen January. . . 13,000Ill.Cen. (1 II.&80.I
I
Jiuiiiary... 1,180,683Cedar F.&Miu.
|
January. . . I 5,242Dub. <feSio'xC.,'Jaiiuarv...| 143,281Iowa lines iJunuarV...! 148,523Total all
1
January...1 1,329,206
Ind.Dec.& West. January...'Interoc'nic (Mx)] Decemb'r.Iowa Central... I Ist wkFebIron Railway... January...J'k'nv.T.iK.W(/|Novemoer.Kanawha* Ohio; Ist wk Feb
1888-9.
Kan.C. CI. &SpK.C.F.S. & Mem.K.C.Mem. &Bir.K.C. Wy. &N.WKeutuckv Cent.Keokuk & West.Kiudrst'n <k Pern.Knoxv. & Ohio.L. Erie All. & 8oL.Erle& West..LehiKh& Hud..L. Rock & Mem.LonK IslandLa. <Sc Mo. River.LoHls.Ev.&St.L.Louisv.&Nashv.Louis.N.A&Ch.Louisv.N.O. <&T.Lou. 8t,L.& Tex.Louisv. South'n.Uemphis & Chas'IMexlcan Cent...tMex. National
.
[Mexican K'wav.Mil.L.Sh.&WestMilwaukee &NoMineral Rani;e..Minneap. .SiSr.L.
M.St.P. & S.'S.M.Mo. Kan. & Tex.Mobile & Ohio .
.
Montana Union.Montercy&M.GNash.Ch.&8t.L.New Brunswick.N. Jersey &N.Y.New Orl. & GulfN. Y. C. & H. R.N. Y. L. E. & W.K. Y. Pa. & OhioN. Y.&N.EUK..N. Y. & North'n.
I J.anuary. .
.
N. Y. Out. & W.. [Istwk FebN.Y. 8usq. & W.. Decemb'rNorfolk & West. I Ist wk FebN'theast'u (8. C.) iNovember.North'n Central, f Decemb'r
.
Northern Pacific 1st wk FebOgd. & Lake ChoEioIud. & W..Ohio & MissOhio & Northw..Col. cfe Maysv.
Ohio RiverOhio Southern .
.
OLio Val. of Ky.Omaha <k St. L..Oregon Imp. Co. .
Oreg. R. & 5f. Co.'November.Ore.8. L.& Ut. N.JNovember.Oregonian
[Decemb'r
.
Pennsylvania . .: Decemb'r
.
PeoriaDec.&Ev.jlBt wkFebPetersburg I November.Phila. & Erie. ..'Decemb'r
4th wk Jau4th wkJan4th wk JanJaniuiry...January...lat wk FebJanuary...November.January..l8t WkFebJanuary...4th wkJanJanuary...November.Ist wk Feb1st wk Feb1st wk FebIst WkFebJanuary. .
.
January...4th WkJan1st WkFeb1st wk FebWk Jan.25Ist wk Feb1st wk FebJanuary.January.January. .
.
January.January.November.1st WkFebJanuary...Decemb'r
.
October. ..
January...January .
.
Decemb'r
.
Decemb'rDecemb'r
Wk Feb. 1Decemb'r
.
1st WkFebJanuary. .
.
January. .
.
Ist Wk FebJanuary. .
.
4th wk JanDecemb'rDecemb'r
Jan. 1 to iMlemt DaU.
1880-90. i 1888-9.
3,'273l 4,243l,153,0«3i 1,040,387
13,0001 10.8291,180.683: 1,1'27,140
5,242 6,852143,281: 120,85814H,n23' l'Z7,70g
I,329,'206 1,'254 ,854:;0,'A56 34,579 30,238 34,579
125,'280 74.6'25 ..
29,233 28,800 148,398 13»,ig2.2'J!^* *'*36 3,014 4,43656,3o2 37,808 469.945 387,5244,921 4,264 27,019 '25,9017,426 6.717 21.990 18.886
131,687 121,099 38i.:«>4 357.24841,815 30,344 118,770 90.47651,300 26,430 51,300 '26,43071,442 88,848 71,442 08.8488.413 6,391 37,046 32.9509,175 9,814 9.175 9,814
53.163 48,780 531,083 459,8874,500 5,345 4,500 5.346
47.223 47,757 265,398 '234,20523,342 17,872 23,342 17.872
^18.442 15,817 67.848 63.'26»203,595 187.748 203.595 187,74842.629 37.530 423,577 418,393
„19,113 21,'237 95.947 108,928363,195 330,500 1,933,115 1,729,34736,300 34,375 194,518 190.64765.987 51,764 427,284 302,75031,470 31.470 ......."32,960 32,527 32,960 32,52741,745 42,956 172,102 162.520
141,3'25 90.630 694,965 585,78670,366 63,204 399.835 350.84188,473 76,608 275,146 308,33446,231 40,630 267.133 213.85523.200 19,220 120,50*1 99,2078,120 8.515 8,1'20 8,515
113,192 83,390 113,192 83,390201,351 93,07". 201,3.51 93.075639,764 470,842 639,764 470.842292.046 284.202 292.046 284.20273,686 62,874 697,795 717.95111,686 35,386
308,586 293,080 308,581 293.08072,255 6.5,870 933.78H 86a.l6624,443 21,495 204.670 203.21214.686 15,459 14.68t. 15,459
2,923.406 2,710,1.50 2,923,406 2,-10.1502,187.861 2,141,803 '27,512.023 '27,009.3.53591,544 533,271 6,653.«16] 6,227,531473,266 429,870 5,650,.j04 5,340,06542,602 42,910 42,602 42,91031,696 23,822 1.52,010 128.389
1'24,236 123,694 l,402,46ti 1,445.902107,232 89,000 601.475 471,24359,490 50,951 553,558' 556,980
5mi,2'26 499,538 6,069,957: 6,'203.395270.510 267,739 1,409,395 1,451.13712,066 10,506 62,311 47.8.57
129,888 118,6.56 1,434,1671 1,489,97879,992 78,852 395,684 397,77415.687 13,799 15,687 13,799
613 7'20 613! 72010,871 8,479 55,4721 46,57244,966 46,126 44,966! 4ti,1265,439 2,645 15,0<J7i 8,731
59,323 45,373 524,8891 427.710310,541 335,582 4,336,618' 4,856,051579,339 615,273 5.634,564 5,854,263586„5'25 537,608 5,958,939 5.195,369
7,402 4,314 72,946 70,3135,495,'264 4,808,082 61,514,445 58,172,078
11,8391 15,8971 69,8451 73,20136,371 32,8101 429,125 379,213
306,8'20! 257,164' 4.689,136 4.373.041Phila. & Read'g.lDecemb'r jl,654,942 1,100,512 '20,675,252 '20,500,193Plffa>. At W.lQt*^,, Ik.........!.... 11-7 A :zr^ 1 1 fc —.^,1 ^ ...., .. . K . ,,.,,. ^.ROPittsb. & Wesfu Decemb'rPitts. Clev.&T . Decemb'r
.
I^itts. Pain.&F. Decemb'r.Total system I ist wk Feb
Pt. Royal & Aug. Decemb'r .
Pt. Roy.A W.Car. Decemb'r .
Pres.&Arlz.Cen. Decemb'r.Quincy 0.& K.C. January. .
.
Eich.&Danville.'January. .
.
Vir. Midland.. January...Char.Col.ifeAu. luuuary...Col. & Greenv. January. ..
West. No. Car. January...Georgia Pac . . January. .
.
Wash.O.ife W.. January...Ashv. & Spart. Januarv. ..
Total Sys'm. 1 »t wk FebRich. & Petersli. November.Rio Gr. West... Janu.ary.
.
Rome & Decatur January.
.
Rome W. & Ogd. Decemb'rStJoB. <&G. Isl. 4th WkJan8t.L.A.,SiT.H.B's Ist wkFebSt.L. Ark. & Tex. Ist wk FebSt.L.DesM.&N. January...St L.& San Fran. 1st wk FebSt.Paul&Diirth January...8t P.Min.& .Man. January...East, of Minn. January...MontanaCeut. January ..
S.Ant.iAr.Pass. 4th wk Jau8. Krau.&N.Pac. 4th wk JanSav. Am. ife Mon. January. .
.
Seattle L. 8. & E. 1st wk FebScioto Valley . . . January. .
.
Shenandoah Val 'January...South Carolina . IJanuary...So. Pacific Co.—
Gal.Har.,.V:8. A. Decemb'r.Louis'a West.. Decemb'r.Morgan's L&T. Decemb'r.N. Y. T. & Mex. Decemb'r
.
Tex. A N. Orl. Decemb'r .
Atlantic sys'm Decemb'r
117,45738.00121,61335.62126,84539,52011,40018,026
525,300173,80082,70078,10078,900
187,0008,300
10,4.50292,60025,597107,375
8,900301,04144,17820,01065,18*5,273
101,01888,829
509,37741,65974,52iJ29,40810,81322,4474,270
50,08891.000
137,000
331,061 344,922 3,937,291 3,804.676107,977 83,167 1,101,569 906,495654,147 u81,4'20 5,452,017 5,226,103.22,333 15,839 192,708 146.527180.829 126.308 1.747,805 1,438,577
. ,1,296,647 1.151,656;12,431,390 11,.5S2,375Pacific system November. 2,840,257 '2,930, r27 31,522,249 32,291,203Total of all.. November. 4,126,053 4,170,715142,656,991 4'2,721,921
115,70140,30821,68233,22625,205'41,16911,71120,133
440.800i130.90083,56668,96772,467
126,7306,8719,317
255,27524,821113.025
4,000267,36822,67818,12054,0174,531
95,37560,119
391,11715,94744.05317,47115.60015,0724.367
50,80152,000
134,538
1,403,645490,796285,115:197.642315 757364,788128.50818,026
525,300173,80082,700178,10078.900187.000
8,300'10.450'
1,437.150]270,115107.3751
8,90013,586,166136,051115,003425,301
5,273555.05988,829
509.37741,65974, .522:
1'29.96235,480l22.447|•27,10950,08891,000
137,000
1,'.!8<>.653
479,148270,65'.i2..2. 825317,608335,576UPS.56120,133
440.80Ol:{0,90O83,56608.96772.467
1'26.7306,8719.317
1,2«I0,893243,61.
>
113.02.5.4,OuO
3,358,10387,876.9t>,723
319,8184,631
520,080-60,119
394.11715.94744,05379,699-43.41815,072.•22.59450,80152,0CO134,588
242 THE CHRONICLE. rvoL. L.
BoAsa.Laltst Mamint$ Beporua.
Bo. Pao. RIt.-,
^o. Dlv. (Cal.)
Bo. Div. (Cal.)
Arizona I>lv .
.
NowMex.Div.Bpar. Vn.& Col.Btatcu I. Kap.T.Summit Brnncii.
Lylcoiid ValleyTenn. Midland..Texas * PucillcTol.A A AN.M.Tol. Col. i-an..Tola Ohio Cent.1v\.& O.Ccn.Ex.ToLP. & West..Tol.8t.I,.&K.C.Colon Paciflc...Total sy8t«mt..
Valley of Olilo..Vermont ValleytfabashWestern of Ala.West.N.Y. &Pb.West JerseyW.V.Cen.&Mtts.Wheellns & L.E.Wll. Col. & Auk.Wisconsin Cent.WrightSY.&Ten.
November.November.Novemlier.November.November,.laniiary. ..
Decemb'r.Decoinb'r
.
Juniiary. .
.
1st wk FebjlstwkFeb•Istwlf Feb|lat wkFibJanuary. . .
|4tbwk Jan1st wk FebDeceuib*r
.
November.November.Decemb'r
.
I St wk FebJanuary. .
.
1st wk FebDecemb'r
.
January. .
.
Ist wk FebNovember,lat wkFebDecemb'r
.
Jan. 1 to Latest Dale.
WeekorSI 1889-90. 1888-9. | 1889-90.|
1888-9.
$
176,308491,7-24177,28882,48313,03551,50091,833g3,84917,097
121.11519,.'>57
5.55022,225;8,270,
20.898|25,000
2,784,7083,728,491'
52,30f)
14.C74239,57261.53057.700,
102,99968.059;19,17292,78381,9177,368
$ I
185.001521.132164,630!78,58411,276,49,942!114,07582,73111,964'
107.25til16.1324,281{
18,0236.9261
19,336:13,800|
2,511,673 313,583,140
53.70013,739
222,12460,02151,40096.48661,02015,07678,43352,5506,524
36
108.393611,393706,435865,523109,18151,500
,190,954921,18317,097
742,404100,45126,376
117,9668,270
71,699145,351,070,182,159,540,587,955189,751,361,48161,530,
310,400,,526,16968,0591
101.906806.667412,912180,886
1,931,5506,122.1091,923,589916,72593,82 1
49,9421,442.6731,012.212
11,961637,05083.07021,08499.4796,926
68,01181,799
30.195,r2135,805.048
569.732180,951
1,120,76200,021
298.6901,555,673
61,02083,121
722,442303,138
4<* week of January.
% Mexican currency. fit Main Line.
Latest Gross Eariiinss by Weeks.—The latest weekly earn-
ings in the foregoing table are separately summed up as follows:
Only 7 roads show a decrease for the first week of Feb-ruary out of 59 roads which have reported. The increase
over last year in the aggregate r<caches 13' 51 percen fc.
1»J veeek of February. 1890. 1889. Increase. /Ver«flt»«.
Atlantic & Pacific$60,188 51,131
99,054
$
Buffalo Roch. .& Pitts.... 33.981 36,872 2,891Canadian Pacitlo 204.000 192,000 12,000Chesapeake & Ohio 144.112 106,415 37,697Cbicago & Atl.vntlc 51,977 40.516 11.461Chicago & East. Illinois .
.
52,330 51.925 405Chicago Mil. & St. Paul.. 440.000 396,512 43,488Chicago St. P. &K. City. 71,060 47,183 23,877Chlcagi •& West Micliifran. 24.689 22.470 2,219Cincinnati Jack. & Mack. 9.393 8,885 508Colorado Midland 35.787 27.308 8,479Denver & Rio Grande ... 128,000 123.000 5,000Detroit Lans. & .North 17,921 15.708 2.213DiUuth S. 8. & Atlantic... 28.184 21,676 6,508Evausville & Indianap...Evansville & Terre H. . .
.
4,364 4.351 1317,523 16.003 1.520
Grand Rapids & Indiana. 40,051 39,463 588Cincinnati R.& Ft. W.. 7,574 9,589 2,015Other lines 2,984 3,348 364
Iowa Central 2'J,233 28,800 433Kanawha & Ohio 4,921
6,4134,2646,391
65722Keokuk & Western
Xiake Erie & West«m 47.223 47.751 528Ix)uisv. Evausv. & St. L. 19,113 21,237 2.124Xouisville & Nashville... 363.195 330,500 32.69.4Louisv. N. Alb. & Chic. .
.
36,300 34,375 1.925Louisville N. O. & Texas. 65,987 51,764 14,223Mexican Central 141.325 90.630 50,695Mexican National 70.366 63,204 7.162Milwaukee L. Sh. & West. 46,231 40,630 5,001Milwaukee & Northern.. 23,200 19,220 3,980New York Ont. & West. .
.
31.696 23.822 7.874Norfolk & Western 107.232 89.000 18,232Northern Pacific 270.510 267.739 2,771
1.140Ohio & Mississippi 79,992 78.852Ohio River 10,8-1 8.470 2,392Peoria Decatur <!iEvauav. 11,839 15,897 4,058Pittsburg &. W^estern. .. 35.621 33,226 2,395Rich. & Danv. (8 roads). 292,600 255.275 37,325St. L. Alt. &T. H. Brches. 20.010 18.12C 1,8906t. Louis Ark. & Texas. .
.
6.5.184 54.017 11,167St. Louis & San Francisco. 101,018 95,375 5,643Seattle L. 8. & Eastern.. 4.270 4.367 97Texas* Pacific 121,115 107,256 13,859
3,425Toledo Ann A.& No.Mich. 19,557 16,132Toledo Col. & Cincinnati. 5,550 4,284 1,266Toledo &. Ohio Central... 22,225 18,023 4,202Toledo St. L. & Kan. Citv. 25,000 13.800 11.200Wabash (consol. system). 239,572 222,124 17,448Western N. Y. & Penn. .. 57,700 51,400 6.300Wheeling & Lake Erie... 19,172 15,076 4.096Wisconsin Central 81,917 52,550 29,307
Total (59 roads) 3,850,276 3,397,938 464,415 12,077Ket increase I13'31p. c). 452,338
For the fourth week the final statement covers 90 roads, andshows 15 '01 per cent increase.
4/A week of January, 1890. 1889. Increase. Decrenst.
$ $ n 1 $Prey'ly report'd (51 roads) 5,602.236 4,938.274 724,538; 00,556At. Top.A 8.F. & I'd roadsBait. & Ohio Southw
732.643 559.461 173.18263,027 60,961 2.666j
Central Vermont 78.689 70,685 8,004'Chicago St. P. & K. City. 107.774 75,211 32,563'Chicago & West Mich. . .
.
32,699 31,569 1,130Cin.N.O.&T.P. (5joa<ls). 294,522 257,612 36,910Cleveland Akron & Co) .
.
19,891 15.744 4,147aeve. Cin. Chi<!. * St. L .. 334,801 298.795 36,006Col. & Ciu. Midland 8,735 8,849 1 114Denver Tex. & Ft. W . . .
.
62,878 50,444 i 2,434Detroit Bay C. & Alpena. 15,718 15,457 201Det. Lans. & North 25,708 26.353 645East Tennessee Va. & Ga. 193,984 156,925 3'7,b.59Evans. & Indianap 8,057 7,249 808Evans. * Terre Haute... 27,298 22,796 4,502Flint & Pere Marquette.. 81.477 72.602 8,815Florida Cont.& Peninsula. 35.099 31,485 3,614
Grand Rapids & Indiana.Cincinnati R. & Ft.W . .
.
Other linesKanawha & OhioKansas C. CI. & SprKansas C. Ft. 8. & Mem.
.
Kansaii C. Mem. & Birm'.Keokuk & Western .'.
Little Rock & Memphis..Louisv. Evansv. & St.L..Memphis & Charleston. .
.
Mexican Railway•Ogdensburg & Lake Ch.
.
Ohio Valley of Kentucky.Peoria Decatur & EvansvRio Grande Western...San Antonio & Ar. Pass..San Francisco iS: No. Pac.
Total (90 roads) 8,294,026Net Increase (1501 p. c.)
1890. 1889.
58,10.6.6,6,
121,30,8.
1.5,
24,42,76,10.2,
19,36,17,15.
Increase.
817884553525,717099344,853.817,402956,608,506,645,294,675,471:,600]
258.709
10,58811,4712,0752,6252.405
11.8651,5602,794106
8,47511,937
7,211,298 1,153,507
1,082,728
Decrease.
$2,326581559
1,211
4,787
70,779
VetEarnfnss Monthly to Latest Dates.—The tables follow-ing show the net earnings reported this week, the returns foreach road being published here as soon as received, but notkept standing from week to week. The figures cover thelatest months and the totals from January 1, and also thetotals for the fiscal year on those comp nies whose fiscal yeardoes not correspond with the calendar year.
. Qroan Earninps.—. Net E irninos. .
RoadK. 1889or'90. 1888or'89. 1889or'90. 1888or'89.CapeF. &Yad. Val.Jan. if!39,762 $34,786 $18,084 $17,292
Apr. 1 to Jan. 31... 335,777 280,054 - -
1,111,607 977,21113,497,394 13,177,172
149.346 183,3991,971,158 2,026,319
1,180,083 1,127,146
Cent, of New Jersey.Dec.Jan, 1 to Dec. 31...
Chic. Burl. & North. Di-cJan. 1 to Dec. 31..
Illinois Central JanJuly 1 to Jan. 31 8,925,764
128,253384,636
5,973,404
81,142445,961422,257
Ced. Falls & Minn. Jan.July 1 to Jan 31...
Dabuq. & S. City. Jan.July 1 to Jan 31...
Total Iowa lines. Jan..July 1 to Jan. 31
Mexican Central Dee.Jau. 1 to Dec. 31...
Minn. & St. Louis.. Dec.Jan. 1 to Dec. 31July 1 to Doc 31....
Nash. Chat. & St.L.. Jan.July 1 to Jan. 31...
New Brunswick Dec.Jan. 1 to Dec. 31...July 1 to Dec. 31...
Oregon Imp. Co Dec.Jan. 1 to Dec. 31...
Pittsburg & West. ..Dec.Jan. 1 to Dec. 31...July 1 to Dec. 31...
Pitts. Clev. & Tol.Dec..Tan. 1 to Dec. 31...Julyl to Dec. 31...
Pitts. Paines. & F.Dec.Jan. 1 to Dec. 31...JiUy 1 to Dec. 31...
Total system Dec.Jan. 1 to D c. 31...July 1 to Dec. 31...
St.Louis& San Fran.Dec
.
Jan. 1 to Dec. 31...West Virginia Cent.Jan.
5,24257,862143,281
1,176,923
148,5231,231,785
631,7686,337.'226
126,3301,447,937856,557308,586
2,149,410
72,255933,788501,128310,541
4,336,618
117,4571,403,645724,137
38,001490,796247,40621,013285,115
. 142,953
177,0702,179,5551,114,495
604,2326,080,199
68,059
150,012452,106
5,965,657
41,706742,196•349,422
7.498,029 *3,446,269 *2,693,947
6,8.52 def.5,090 def.1,26059,052 def.34,693 def.9,132
120,856 17,523 16,2751,095,196 1341,064 1235,929
127,708 12,433 15,0151,154,248 306,371 226,797491,613 291,529 232,877
5,774,332 2,825,399 2,355,494
110,427 53,320 25,9491,351,560 420,950 345,205739,139 328,027 237,632293,080 125,347 121,172
1,928,344 883,991 803,49965,870 23,284 19,617
869,166 308,239 257,032467,130 166,909 148,366335,582 14,413 232
4,856,051 737,413 990,970115,701 49,802 51,127
1,280,653 580,015 506,852691,377 323,246 284,217
40,308 5,894 6,398479,148 108,071 132,299262,697 57,136 78,449
21,682 5,250 3,974270,652 91,233 108,026168,846 43,797 72,892
177,690 60,952 61,4992,030,453 779,319 747,1781,125,920 424,178 435,559
535,506 343,591 179,6535,773,251 '2.823.029 2,417,636
61,020 21,426 17,740
Taxes and betterments deducted, amount spent for betterments inJanuary, 1890, was $31,089, against $12,704; for the seven monthsto January 31, $194,746, against $108,690 last year.
t $104,207 expended for permanent improvements, against $106,984for the seven months last year, both charged to capital account.
ANNUAL REPORTS,St. Lonis Tandalia & Terre Haute Railroatl.
fFor th.e year ending October 31, 1889.^'
The annual report of Mr. Thomas D. Messier, President,
states that the result to the lessee in operating the road duringthe year 1888-89 was as follows:
Percentage of earnings (TOpeicenl) allowed therefor $1,209,109Total e.xpensds as heretofore shown 1,152,122
Profit for 1889 .... $56,987Profit for l5S8 11,983
Increase : $45,003
The increpse in freight eaimings was due to the increased
tonnage carried during 1889. The increase in earnings fromlocal freight was §3,909, or 1-23 per cent; and fromthrough freight traffic |110,155, or 16-78 per cent; and theaver-
age increase from both kinds of traffic was $114,064, or 11-66
l)er cent. The number of tons of local freight carried in 1889
was 620,769, against 567,167 in 1888. The increase in tonnage,
however, did not jiroduce a like gain in revenue, for the rea-
son that the average rate per ton per mile on local freight wasbut 16-13 mills, against 18-26 mills in 1888. The through ton-
nage carried in 1889 was 865,508 tons, against 748,246 tons in
1888, an increase of 15-67 per cent; and the average rate per
ton per mile received on this class of traffic was 6'47 mills,
against 6-23 mills in 1888, an increase of 24 mills, or 3-85 per
cent. This increase in the freight traffic was largely due to
the generally prosperous condition of the business interests of
Febrvaby 15, 1890.1 THE CHRONICLE" 243
a large increase in the carriage of coke, ore, stone, etc., grain,
provwions and manufactures. The traffic showing a decrease
was lumber, coal, live .stock and other articles of manufacture.Tlie coal tonnage was 429,667 tons in 1889 and 434,386 tons in
1888, a decrease of 4,719 tons, or 1-9 per cent. The averagerate per ton per mile received on all kinds of freight traffic
was 7-87 mills in 1889 and 7-94 mills in 1888, a decrease of0'88 per cent.
The balance due from the lessee was increased from $730,118
at October, 31, 1888, to $883,687 at October 31, 1889. From this
there was payable at November 1, 1889, $91,000 for interest onthe second mortgage bonds, leaving a net balance of $791,687
due by Uvssee at October 31, 1889. No change has occurred in
the litigation between this company and the lessee for the can-cellation of the present lease of the road. The suit is nowbefore the .Supreme Court of the United States for final deci-
sion, on an appeal from the United States Circuit Court, at
Springfield, Illinois. This decision, when rendered, will nodoubt settle the question as to the validity of the lease, andmay be expected in the course of a year or so.
The operations, earnings, &c., for four years are compiledfor the Chronicle as below
:
OPERATIONS AND FISCAL KE8CI.T8—LKSBEE'S REPORT.
Operaiiont— 1885-86. 1886-87. 1887-08. 1888-89.Passengers carried.. 317.485 336,071 346,412 328,858Passengermlleage.. 19,023,841 20,080,902 20,831,314 17.300,166Av. rate p. pass.p.iu. 2-243 PtP. 2325 cts. 2101 ot». 2387 cts.
FrelKliti tons) moved l,19f,6U8 1,45«,1»7 1.315,413 1.486,277Frel«ht(ton8)mil'ge.l 11.851,653 142,867,273123,212,218 138,931,834Av. rate p. ton p.m.. 0-792 cts. 0-788 ote. 0-794 cts. 0-787 ote.
Earniiwt -
Passenger $420,C98 $466,807 $437,677 $412,943Frelgbt 885,720 1,125,723 978.031 1,092,097Mall, express, &c.... 165,913 164,474 207,007 222,2e0
Total grosscarns.. $1,478,331 $1,757,004 $1,622,715 $1,727,300Operating expenses. 1,011.144 1,112,082 1,123,918 1,152,123
Net earnings $407,187 $644,922 |498,797 $575,177INCOME ACCODST BT. LOUIS VANDALIA A TEBUE HAUTE COMPANY.Receipts— 1885-86. 1886-87. 1887-88 1888-89.
Rental30p. 0. farns. $443,499 $527,111 $486,814 $518,190Disburseinenls—
Interest on debt $314,930 $314,930 $314,930 $314 930Taxes 55,123 48.315 56,853 54,199General expenses.... 6j3 369 378 476
Tot. disbursements $370,691 $363,614 $372,161 $369,605Balance, surplus*... $72,808 $163,497 $114,653 $148,585
• Tne result to tbe lessee oo tbe four years' operations was as follows:18f5-86. profit, $23,686; 1886-87, prollt, $117,821; 1887-88, profit,
$11,983; 1888-89, prollt, $36,987.
Norfolk & Western Railroad.
^For the year endiiig December 31, 1889.^
In advance of the annual report, the following preliminarystatement has been prepared for the Chkonictle :
Operations—Passeugera carried.Kate per pass p'r m.Freight (tons) carr dRate per ton per m.Xarningt—
PassengerFrelgbtHaU, express, <bo
Total gross eam's.Oper'g exp. &, taxes
Net earnings ^
Net income'Ditburtementt—
Inter, on bonds, &c..MiscellaneousDlvid. on pref. stock
1886.400,269
3'l'i2 cts.1,555,8670-655 cts.
$486.231
2,590,827174,998
3,252,0561,960,910
1887.558.951
3041 cts.
2,208,6880-635 ots.
$685,2!50
3,405,220164,318
4,254.7942,483,781
1,291,146 1,771,013
INCOME ACCOUNT.1886. 1887.% s
1,325,449 1,872,662
1,184.547 1,237,1349,239
1888.771,248
2-833 cts.
2,763,3760'58-i ots.
$861,778
3,820,166217,654
4,899,5983,001,927
1,897,671 2,113,772
. 1889.842,226
3-026 cts.
3,430,1140-550 cts.
S940,305
4,417,315239,504
5,597.1243,483,352
1888.$
2,045,109
1889.$
2,257,920
1,296,551 1,451,26541,608
(1 '4)330,000 (3) 660,000
1,626,551 2.152,873
sur. 418,558 8iir.l05,047
Total dlsbursem'ts 1,193,786 1,237,134Balance for year sur. 131,663 sur. 635.528
•Includes income from investments, Ac.
New Central Coal Co.
(For the year ending December 31, 1889.^
The annual report of this Maryland Company for the year1889 shows that the company mined in 1889 118,865 tons ofcoal, against 169,3.53 tons in 1888, a decrease of 50,487 tons.The total amount mined since the organization of the com-pany in 1872 is 4,412,610 tons. The report says :
" The de-crease in tonnage for the year 1889 is due to the scarcity ofcars on the railroads over which the coal of this company is
transported. To remedy this the company has recently madenew connections with a lateral road running from our mines,which we have every reason to believe will be the channel for
a large output in the near future." The statement of profits
for 1889 and 1888 shows :
1888. 1889Balance credit coal account Dec. 31 $494,680 $331,397C!oaI on hand Dec. 31 5,171 1.167
Total 8499,851 $332,564Railroad freights, mining salaries, ottioe, shippingexpenses, <tc 470,155 326,456
Balance, net earnings $29,696 $6,108Balanoecreditprofit andloss Deo. 31 prev. year. ..$241,353 $216,417Amount charged to profit and loss currant year..... 54,633 9,204
Balance $186,720 .$207,213Net earnings current year... 29,696 6,108
Balance credit profit and loss Dec. 31 $216,416 $213,321
The general balance sheet of the company on Dec. 81, 1889,was as follows :
ASSET*.
Real estate. $5,000,000Personal property at mines 73,154
Do. do. at New York and Hobokeu 2/iOOKoontz barracks 8,635'Barges 6,000Cash In Trust Company $45,000Canb in bankii 36,445Cash in ollito 184— 81,029Coal on hand , 1,167Accounts unoollooted 78,340
$5,241,432LIABILrriES.
Capital stock $5,000,000Accounts unsettled 25.813Dividends uniald 2,799Balance to credit of profit and loss 213,320
$9,241,433
GENERAL INVESTMENT NEWS.Adirondack.—Notice is given to the stockholders of this
railroad company that a meeting will be held at No. 21 Court-landt Street (office- of Delaware & Hudson Canal Company),March 14, 1890, to vote upon the question of sanctioning theissue of bonds for $2,000,000. These bonds, bearing 4 per cent,will be used to retire the old certificates of April 30, 1880, at50 cents on the dollar, and the balance for construction andequipment.
Atlantic & Danville.—The General Manager's report shows151 mUes of road in operation during 1889 ; gross earnings,1383,356 ; expenses, $209,925. The contract has been let, andthe grading is going on for the branch road to Buffalo Springs
Called Bonds.—The following bonds iiave been called forpayment:
City op Cape Girardeau, Mo.—Compromise 68 of 1878,the whole issue to be paid at the National Bank of Commerce,in New York, or at tlie office of Louis A. Coquard, 124 NorthThird Street, St. Louis, Mo., on March 1, 1890.
City of San Francisco—Western Pacific railroad bondsof 1864, due 1894, Nos. 189-201, both inclusive, and CentralPacific Railroad bonds of 1865, due 1895, Nos. 294-318, both in-clusive, to be paid at the Treasurer's office, San Francisco, onor before Saturday, February 15, 1890.
Chicago & Western Indiana—First mortgage 6s of 1879,due 1919, to be paid at 105 on May 1, 1890, at the office ofMessrs. Drexel, Morgan & Co., New York; 43 bonds of $1,000each, viz.:
Nos. 48, 96, 100, 119, 147, 210, 234, 249, 255, 341, 374, 465, 469, 474,1300, 1414, 1431, 1442, 1300, 1521, 1605, 1011, 1(^36,1641,1836,1899. VO-a. 2212. 2233, 2329, 2400, 2456, 2575, 2620, 2703, 2722,2974, 2999, 8154, 3190, 3204, 3232, 3259.
Milwaukee Lake Shore & Western Railway Company—Ontonagon Branch 6s of 1886, due April 1, 1896, to be paid onApril 1, 1890, at the office of S. S. Sands & Co., 63 Cedarstreet. New York, 25 bonds of $1,000 each, viz.:
Nos. 12, 40, 43, 49. 51, 58, 59, 61, 91, 95, 108, 113, 161, 163, 172,175, 178, 179, 185, 197, 200, 207, 232, 239, 242.
Sioux City & Pacific Railroad—Car trust 6s of 1883,due 1896, to be paid March 1, 1890, at the Columbian NationalBank, Boston, viz., Nos. 94, 244, 295, 440, together with 36others, whose holders have been personally notified.
Chaltanooga Rome & Columbus.—Advices from 'Rome,Ga. ,
g^ve particulars of a railroad combination which is beingdeveloped by a syndicate headed by Pl-esident John D.Williamson, of the Chattanooga Rome & Columbus RailroadCompany. They have already got control, it is said, of theRome & Decatur Railroad, and will extend it to Canton,which will make for it a junction with the Marietta & NorthGeorgia Railroad. This will form a through line to Atlanta,and give traffic connections with the Seaboard & Air LineRailroad to Portsmouth, Va., and on the Northwest Railroadto Knoxville, with an early extension to the Ohio River.
Chicago Bnrlington & Northern.-The foUowmg is an ab-stract of the income account for the full year 1889, as com-pared with the two previous years:
1887. 1888. 1889.Gross farnlngs $2,276,199 $2,026,318 $1,971,159Operating expenses and taxes 1,808,762 1,668,318 1,308,591
Net earnings $467,436 $358,000 $662,.'567Otherlncome 13,192 15,554 2,083
Total net income $180,628 $373,554 $664,650Interest $540,000 $635,812 $697,500Rentals 67,751 67,480 93,919
Total charges $607,751 $703,292 $791,419Deficit $127,123 $329,738 $126,769
Chesapeake & Ohio.—President M. E. Ingalls, of the Chesacpeake & Ohio Railroad, is reported from Richmond as saying,that under the recent charter granted by the Virginia Legis-lature his company will establish a line of steamships betweenNew York and Liverpool and between Newport News andNew York.
In regard to unauthorized rumors that the company wouldnot 'use its surplus to pay dividends on the first preferredstock, it was stated at the office of Drexel, Morgan & Co., thatthe company has not as yet considered directly or indirectlythe parent of a dividend, and the matter has not receivedrecognition. The Chesapeake & Ohio Company has the right
241 THE CHRONICLR [Vol. L.
the country during the past year. By reference to the classi-
fied tonnage statement herewith, it will be seen that there wasto take the surplus net earnings and apply them to dividendpayments. W hen the question of extensions, equipment andbetterment is brought up, it will probably be met by the issue
of 5 per cent bonds, which under its charter the company is
authorized to do.
Detroit Lansing & Northern.—The directors have passedthe dividend again. The statement for the year shows a deficit
Of $6,712 after meeting interest charges.IBS'* 1889.
£an)tDiits $1,041,800 f1,131,986Sxpenses. 720,631 806,924
Net f321,169Charge* 311,546
$325,062331,774
Balano Bnr. $10,623 Def. $6,712
The Boston flieroW says: "The Detroit Lansing & North-em Railroad operates the Saginaw Valley & St. Louis Railroad,
and keeps a separate account of its earnings, which are notincluded in the above. D. L. & N. agrees to provide for anyileficit which may arise from failure of Saginaw Valley & St.
Louis to earn the interest upon its bonded debt. This deficit
amounted to $3,369 in 1889, against a deficit of $11,738 in 1888,
making the total deficit to January 1, 1890, $100,628. Theequipment account of D. L. & N. was swelled $10,000 during1899, on account of parlor cars and construction, $4,117 for anew engine house, &c., at West Detroit."
Dalnth & Winnipeg.—This company has filed at Duluth,Minn., a mortgage for $7,000,000 to the Guarantee Loab &Titist Company of Philadelphia. The funds thus acquired areto be used to complete the road to Winnipeg.
—
R. R. Gazette.
Edison General Electric Company.—From the statementprepared for the Stock Exchange under date of January 39.
we obtain the following: The total stock is $13,000,000, of
which $7,612,700 is listed, $2,496,500 remains with the Farm-ers' Loan & Trust Company, to be held under certain deeds oftrust dat^d April 26 and December 26, 1889, and $1,890,800 re-
mains in the company's treasury.The Edison General Electric Company was organized under
the general laws of the State of New York, in April, 1889, forthe purpose of buying out the manufacturing and patent-holding companies mentioned below, and for the manufactureand sale of electric apparatus and electric light and power;but, by advice of counssl, the organization of these compa-nies is retained for the present, and their stocks are in thenames of trustees, who, as by certificate filed herewith, holdthem in trust for the Edison General Electric Company:14,003 shares Edison Electric Light Company, out of 15,000 shares.
Par, *100,7,500 shares The Edison Unohine Works. Entire capital stock.
Par, $100.7, °>00 shares Bergmann & Company. Entire capital stock. Par, $:oo.
•iOO shares Canadian Edison Maoufacturing Company. Entire is-sued capital ittook. Far, $100.
100 thi res Edison Lamp Company. Entire capital stock. Par,$2,S00.
*I3,920 shares SpraRue Electric Railway and Motor Company, of which*'>''20 shares were acquired since November 1st, 1889. En-t re Issued capital stoA except 80 shares. Par, $100.
1,0 sh .res Leonard A Izard Company. Eatire capital stock.Par, «100.
5,00i) shnres United Edison Manufaotuiing Company. Entire ont^standing capital stock. Par, $100.
* The83 s'lares of Sprague Elec'ric Railway and Manufacturing Com-pany's stock are not included in the trjstees' o^rtittcat>* above men-tioned, ihp actual exchange of Sprasnic stock for Edison General ElectricStock not belug completed at this date.
^DISON OEKEBAI. ELECTWC COMPANY BALANCE SHKET, OCT. 81, 1889.
Capital s'ocks of sub companies $891285914,'03 share" Fdison Electric Light Company.
'
7,500 sharrs The Edison Machine Works.7.500 shurcs Bcrgiuann & Company.100 shares Kdlson Lamp Company.
5,2uo Bbarrs Simiguc Electric Railway and Motor Com-pany.
5.000 shares United Edison Manafaoturing Company.1,000 shares Leopard A Izard Company.400 shari-s Canadian Edison Manufacturing Com-
pany.Ca^h on hand loi 30=Sutwcriptlons to capital stock JI".'.'".' 250 000Open accounts—Loans to shops !$i 024,227
'
Other loans —....„*.*.".". ' 5*042—^»__^_ 1 029 270Real eatate-Broad and New streets, NewYorkCitr '136756Bills receivable-Received from sub companies sl^qHlSpecial profit ana loss estlmated-Edlson Electric 'LYghtcompany .";._ 105,000
.,„..,.,. $11,109,173
Capital stock ... . ,,,.., ..,.- . fltnaonQnACapital stock in tnist S'llV'oAnMortgage on real estate —
• I.Ill"" ' s?'nonBlus payable ::::::::::.:.;::: 71000SOpen accounts 608571Profit and loss accounts—Kental8"from""real
wo,o/iestate— .-..-.,,..,,. $2*'0
Pivldends from Rub-companles .V.V.V.V..V 587,500
$587 7208peoial profit and loss estimated -Edison Elec-
trio Light Company lo.i nnnAght Company 105,000
ticsa ezpeadltores,$692,720
13,319679,401
. V V .^ $11,109,173
%trkiM^tM^'and^^L\i?ff?,,''' t^« '^PP'- " firnlshes them their
• «mU fwlgenables tUem to conduct their entire business on
Edison Electric LiciiT COMPANY.—This company owns all the Edtson patents, and sundry other patents deemed of value, for incandes-cent electric lighting la Nottn and South America, and all patentlitigation is cnnduoteil in its name. It grants exclusive licenses forspecified territory to local companies, receiving in payment therefor, asroyalty, a proponlon of all securities (stocks or bonds) issued, or to l)e
issued, by sucli licensed companies. On October 31 it he'd $1,749,573of stocks and bonds of different companies aoiiuired for sach licenses.It.-i relation to such licensed c mipaules is not only a stockholder, butalso the grantor of a liceuse. which it rdserves the right to forfeit if itaterms are not complied with.Edison Machine Works, Birguann A Company, The Edisok
Lamp Company. Canadian Edison Manitkactukinc Company.—Thefour atHJve-named comv antes {owned entirely by the Edison GeneralElectric Company) are corporations engaged in the manufacture of ap-pliances reiiuired to furuii'h light and power by eleciricity. Theirp'ants and output are as follows :
EdisOn MACiiiNE Works.— Plant worth $1,500,000, situated on 29acres of groimd at Schenectady, N. Y., employing 1,400 men, and hav-ing a present capacity of $3,000,000 a year output.Edison Lamp Company.—Plant worth .$1,200,000, at Harrison, N. J.,
emplnj'ing 500 men, and making nothing but lamps, of whxh its pres-ent capacity is 8,000 a day. It has a branch factory at Hamilton, Ont.,wliere lamps u^eii in Canada are manufactured.Behomann a Company.-Two plants worth $900,000, in the City of
New York, employing 500 men, and having a present capacity of$1,500,000 a year output.Canadian Edison Manufactorino Company.-Plant worth $10,000,
at .Sherbrooke, Canada, employ ing 100 men. started iti pursuance tothe Canadian laws rt qniriug all patented articles sold In Canada to bemanufactured there.SpuAtitiE Electric Railway and Motor Company.—This company
is engaged in furnishing motive power for railways and In the trans-mii^sjon of power for manufactuiing and general purposew. Its busi-ness i.s very large and rapiiily ixtending, ami by acqulriug the stock ofthis company the nianufiicture of alius appliances is secured to themanufacturing department of tne Edison General Elec ric Company.United Edison .Manufactueisg Company and Leonard & Izabd
Company.—These corporalloos were organized to handle and sell theproduct ef the manut cturing departments of the Edison GeneralEltct.'to Company, and they, ii steail of individuals, are the agents ofthe General Company. Tliey also act as construction companies, andcontract for every kind of electric construction. They commenced toact in that canaeity but recently, and no statement of their business is
at present submit* ed, as too much of their work is yet in progress.Directors of hie Edison General Electric Company for the
Year 1«90-91.— C. H. Coster. Joseph 8. Decker, Thomas A. Edison, J.H. Ilerrick, Samuel Insuil, Edwanl II. Johnson. A. Marcus, Carl Schurz,FraiiCls 8. Smithtrs, Henry Villard, J. Hood Wright.
Huntingdon & Broad Top.—The annual report of this rail-
road and coal company for 1889 shows gross earnings of $533,-
843, an increase of $7,843 ; expenses, $271,808, an increase of$46,001 ; net earnings, $253,035, a decrease of $38,157. Thedamages by the floods are estimated at $135,000, and the roadwas idle twenty-two days, while some of its branches wereidle for two months. The coal tonnage increased to 1,371,431tons, against 1,330,754 tons in 1888.
Iowa CentraL—Mr. Russell Sage was elected President of theIowa Central Railway at a recent meeting of the directors ofthatcompany held in Chicago. He will serve out the unexpiredterm of A. B. Stickney, resigned, who held the presidencytemporarily pending the reorganization of the road. Mr. H.J. Morse, of Messrs. A. M. Kidder & Co., was chosen to thevice-presidency in place of Mr. Sage, and E. H. Perkins, Jr.,
President of the Importers' & Traders' National Bank, waselected Treasurer in place of Lewis Boyle, who resigned.
The Chicago Milwaukee & St. Paul has made a runningarrangement by which its trains on their way from St. Paulto Kansas City will go over the tracks of the Iowa Central,giving a quicker passenger service than heretofore.— The thirty miles of track between Mason City and Lyle, re-
cently abandoned by the Iowa Central has been leased by theChicago St. Paul & Kansas City road, and they are now using it.
Mexican Central.—The Boston Herald remarks: "Theoperations of the Mexican Central Road in December and theyear 1889 are compared with the month and year 1888 below.It is an excellent showing. Reduced to a §old basis, the netfor the year is not far from $3,100,000, a little less perhaps,but probably a plump $2,000,000, and almost enough to paythe interest charges as they will be made up for the annualreport, without help from the subsidy. Full interest on theTampico bonds paid, the surplus would be not far from $350,-
000,including subsidy. The statement of operations follows
Tear. 18S8. 1889. Deerea$eEarnings $5,774,332 $6,337,226 $562,894txpenses 3,418,838 3,511,827 92,989
Net $2,355,494 $2,825,399 $469,905Subsidy rcc't8(Mex.sU'r) $638,789 $1,105,632 $466,843" The subsidy receipts for 13 months, reduced to gold on a 26
per cent discount basis, gives a total of $818,168, making thetotal approximate income of the company from all sourcesabout $3,800,000 to $2,900,000."
Missouri Kansas a Texas.—The announcement made in
the Chronicle of last week is fuUy confirmed, and Mr. H. J.
De Maroz Oyens, the representative of the Amsterdam Com-mittee of Missouri Kansas & Texas security holders, announcesthat, on behalf of that committee, he has assented to the Olcott
plan of reorganization, and his assent has been confirmed bythe depositors under that committee who met for the purposeon Friday, the 14th. The Chairman of the London Commit-tee of general mortgage bondholders also announces that his
committee will accept the Olcott plan of reOfljanization.
New York Steam-Heating Co.—This company has obtained
the consent of its stockholders to an issue of $1,000,000 fiya
per cent first mortgage bonds.
New York & Northern,—The New York & Northern Rail-
road Company at its recent directors' meeting approved the
terms of the contract that has been for some time pending, bywhich the railroad of this company is to connect with theHudson Suspension Bridge now being constructed at Peekakill.J
Fkbruart 15, IttO.J THE CHRONICLE. 245
Nashville Chattanooea & St. Loul« Railway.—The gross
and net earnings and cliarges for January, and for the sevenmonths of the fiscal year, were as follows :
, January.—. .
—
July 1 to Jan. 31.—
.
1899. 1890. 1888 8?. 1889-90.Grounarntnen $293,080 $30S,58fl $l,928.3i'l $2,1*9.410Operating expense* 171,>08 183,239 1,124,845 1,265,419
Net earnings $121,172 $125,347 $303,499 $883,691
Interest and taxes. $72,885 $73,770 $108,693 $508,315ImproTemeuts 3,133 4,640 36,375 50,703
Borploa..
$75,538$45,034
$78,410 $545,268 $550,018$46,937 $258,231 $324,973
New York Philadelphia & Norfolk.—For the year 1889
gross earnings were $671,432, an increase of $48,025 ; ex-
penses, $.52.'5,430, an increase of $61,786; net earnings, $146,013,
a decrease of $18,760. The large extraordinary expenditurein 1889 for repairing the company's wharves at Cape Charles,
Va., and Crisfield, Md., whicli were badly damaged by stormsand floods, and for additional ballasting, amounting to about$50,000, were charged to operating expenses.
New York Stock Exchange.—New Securities Listed.—TheGoverning Committee have added to the lists for dealings thefollowing
:
£di80K Oenerai. Electric Compant—$7,612,700 capital stock.Illinois Central Railroad—$1,673,000 additional 4 per cent gold
bonds, mailing the total amount listed $12,039,000.liOCisviLLB & M>t.SHTiLLE RAILROAD—$13,000,000 additional capital
took.Mbxican Teleorapii C!ompant—$500,000 additional capital stock,
n»Uog the total amount listed $2,000.0U0.MissoiTKi Pacific R*ilway—$265,000 additional general cinsol.
mortgage riillway and land grant 5 per cent gold bonds, making the to-tal amount listed $18,430,000.Norfolk & Western Railroad—$174,000 additional general mort-
gage 6 per cent bondH, making the total amount listed $7,283,000.MiciiiOAN Central Railroad—$2,400,000 4 per cent mjrtgage bonds
of 1940, coupon and registered.North Pacific & Montana Railroad—$375,000 additional first
morigagc 6 per cent gold bond^, making the total amount listed^esi.uoo.Third Avenue Railroad—$2,500,000 additional first mortgage 5
percent go d boi ds. makin« the total amouut listed $3,500,000.Union Elevated Railroad of Brooklyn-$3,195.000 additional
first mortgage 6 per cent gold bonds, making the total amount listed»5.500,0' O.Westers Union Teleorapii Compant-$1,000,000 additional 5 per
eento}llateral trust currency bonds, making the total amount listed$8,500,000.West Virginia Central & Pittsburg Railway—$600,000 ad-
dlUonal fir.- 1 moi teage U uer cent thirty-year gold bonds, making thetotal amount listed $2,250,000.
The certificates of the American Cotton Oil Trust, of whicha few have not l>een deposited under the plan of reorganiza-tion, have l>een stricicen from the unlisted department of theStock Ehcchange.
Railroads in Massachnsettsi.—The following reports for thequarter ending Dec. 31 have been filed with the MassachusettsRailroad Commissioners:
^-V. T. Prot. <t Boston.-,
1888 ^ 1889Grou earnings $33.^,654 $781,213Operating expenses 269,'; 90 479,658
—Connect:cut River.—1888. 1839.
$265,818 $208,026157,338 149,214
Net earnings.. . $63,8fi4Otberlncome 23,955
Total income.... $87,819Int.rentals & taxes 36,582
$301,58523,955
$325,540170,947
$108,4833,053
$111,53523,744
$118,8122,946
$121,75827,921
Surplus $51,237 $154,593 $87,791 $93,837
* In 1888 Providence Sc Worcester Railroad not Included.
Railroads in New York State.—The following reports for
the quarter ended Dec. 81 have been filed with the New YorlcState Railroad Commissioners:
^y. T. Lake E. tt Wc»'.-,
188S 18^9Gross rarnings $6,964,417 $7,472,034Operating expenses 4,364,890 4.736,708
Net earnings $2,590,527 $2,735,236I/ess percentage to leased roads 608,824 695,388
Balance $1,990,703 $2,039,348Other income 3 71,936 403,916
Totalnet Income $2,362,639 $2,443,764Interest, taxes, rentals, dkc 1,594,050 1,900,910
Surplus $168,589 $342,824. y. T.itNewEng. , ^.V. r. N. B. di Hart.—
1888 1889 1888 1880.Grosseamlngs $1,415,864 $1,502,h01 $2,553,0.^1 $2,71l!582Operating expenses 922,882 929,074 1,641,638 1,605,771
Net earnings.Otlier Income. . .
.
$492,98217,173
$373,837737
$311,413 $1,015,81128,396 36,868
Total income... $510,155 $374,624Taxe8,int. & r^t'ls 409,014 421,600
BaUnccBurplua $101,141 $153,024. Boilon A A Ibany. .
1888. 1889.Orosseamings $2,310,385 $2,378,277Operating expenses.. 1,588,642 1,582,333
Net earningsOtberlncome
$939,809378,483
$1,032,679403,590
$561,326 $649,089-y. T. Chicago <t St. L.-.
1888. 1859.$1,274,544 $1,455,9581,055,381 1,129,036
$730,743 $795,744
Total $730,743 $795,744Jnt, taxee * rentals. 663,617 693,743
BalanM..
$330,398269,296
.cor. $67,126 8ar.$101,999 det.$24,665 snr. $61,102
$219,1632,139
$221,302245,467
$320,9223,476
— Albanj/ d Sutq. <te.—
.
.
—
Benn: il Baratoga,—
>
1888. 1889. 1888. 1889.Gross earnings $S83,«73 $31U,<<2t $57.'^.797 $572,573Operating expenses 425,2 !{4 457,308 327,385 309,637
Net earnings... $403,409 $462,516 $248,412 •2«2,P8»Otberlncome 6,681 6,081
Total income .. $163,409 $462,516 $295,093 $209,617Int.rent .taxes, &c. 2.57,105 278,139 266,971 263,897
Balance sur. $206,304 sur. $184,377 def.$ll,878 sor. $5,720-. y. Y.itCan. . ^D. L.ilW. hated linet.-*1838 1889 1888 1889
Gross earnings $^17,531 $227,47.n $2,115,361 $2,073,377Operating expentes.. 104,292 127,530 993,6' 4 1,048,162
Neteaminge $113,239 $99,945 $1,121,697 $1,025,215'Otberlncome
Total $113,230 $99,941 $1,121,697 $1,025,215Int., taxes <Sc rentals
.
66,706 73,983 541,463 642,960
Balance sur. $16,533 *ur.$25,9e2«ur.$580,231sar.f182,255r-Manhattan Elevated.—< ^Brooklyn Eleraled.—^
1888 1889 1888 1889Gross earnings $2,305,086 $2,452,840 $248,460 $407,229Operating expenses. 1,217,742 1,228,104 153,911 232,394
Net earnings $1,038,244 $1,224,736 $94,549 $174,635Otberlncome 30,509 21,500 3,136 1,581
Total $1,118,753 $1,248,236 $97,685 $176,216Int., tuxes & rentals. 558,228 477,170 104,491 149,568
Balance $560,525 $769,066 deT. $6,806 sur. $26.e48
Richmond Terminal—Cincinnati N. 0. & Texas Pacific.—Mr. Inman was reported last weelc as saying that negotiationswere pending for the acquisition of the "Queen and Crssent"system. X^e press dispatches now give the following, whichis not yet confirmed by any official announcement: "It is re-
ported here on good authority from Chattanooga that Adjt.-Gen. Hawliins of Ohio, who is at Atlanta, telegraphed as fol-
lows :" I learn from one of the Inman party wlio is here tliat
the Richmond & West Point Terminal syndicate iias securedthe Queen and Crescent Road. The basis of the deal is notlearned, but it is an assured fact.'
"
St. Lonis & Chicago.—Holders of first mortgage bondssecured by the mortgage to the Mercantile Trust Company willreceive tlie amount of the principal of their t>ond3 at the Cen-tral Trust Company of New York, on and after February 15,
1890, on presenting their bonds to he stamped. Payment onaccount of past-due interest is deferred until the court shallliave fixed the amount of prior liens. Interest will not runafter February 15, 1890.
St. Louis Arkansas & Texas.—The Olcott ReorganizationCommittee of the St. Louis Arkansas & Texas Railway Co.atmounces that the following securities had been deposited fodate with the Central Trust Co. : 18,657,000 firsts, $7,759,000seconds and §5,926,800 stocli.
Steel Production in the United States—The AmericanIron and Steel Association has ascertained that the total quan-tity of Bessemer steel rails made in the United States in 1889
by works producing their own ingots was 1,644,234 net tons,
or 1,468,066 gross tons, a gain of 102,145 gross tons over theproduction of 1,365,921 gross tons in 1888. The followingtable presents tlie details of the production of Bessemer steel
raUs in net tons of 2,000 lbs in 1889, excluding the compara-tively small quantity of rails rolled in iron rolling mills frompurchased blooms
:
ro,'a(;88P, Total 1869,Slatet. net ton'. net tone.
Pennsylvania 1,10'J.317 011.206minois 520.054 488,63»Other States ,—. 21,663 129,987
Total 1,644.234 1,529,832
The production of Bessemer steel ingots last year was about400,000 gross tons larger than in 1888, and closely approachedthe quantity produced in 1887, the year of the largest produc-tion in the United States of Bessemer steel, when there weremade 2,936,033 gross tons of ingots, thus indicating how rap-
idly the demand continues to increase for steel for miscellane-
ous products which were formerly made of iron.
Sugar Trust.—A decision was handed down this week in
the Supreme Court Chambers by Judge O'Brien, in the tem-porary injunction asked by Winthrop Gray, receiver of theNorth River Sugar Refining Company, against the Sugar Re-fineries Company, in which he upheld the motion restraining
the Trust from paying out moneys except such as are neededin the ordinary transaction of its business and without preju-
dice, and with leave to apply from time to time for the j^y-ment of such dividends to the certificate-holders as may bejustified by the profits of the business. Judge O'Brien says:
"The injunction should be continued, but not so conditioned
as to injure or embarrass the defendants in the prosecution of
their business until such time as the Court of Appeals shall
have finally passed upon the main question involving the judg-ment of forfeiture of the cliarter. TiQ then tlie refineries
should be allowed to pursue their business, pay their dividends,
&c. At the same time, it being claimed that under the guise
of dividends large sums of cash other than profits of tlie busi-
ness have bten or would be paid out, and depletion of the
capital or corpus of the alleged copartnership follow, tne
Court should exercise some supervision to the end that they
should be prevented from doing indirectly what the Caurt
would enjoin them from doing directly."
248 THE CHBONICLE [Vou U
%\tt ^ommtxtml ^imes.
Sat. Mon. Tuei. Wed. Thur. Fri.6-21 618 6-19 6-18 618 6196-27 6-25 6-24 6-22 6-22 6-226-31 6-31 6-30 6-28 6-27 6-296-43 6-42 6-42 6-40 6-39 e-40
6-60 6-60 6-55 6.56
COMMERCIAL EPITOME.Fbidat Night, Feb. 14, 1890.
Trade is not in an altogether satisfactory condition. Wool
and woolen goods are quiet. Boots and shoes are in moderate
demand. Cereals have been more active but quotations have
not improved, while flour has continued dull. Cotton has
been active and advancing, while cotton goods have responded
in some measure to the rise in the raw material. The general
feeling is hopeful.
Lard has fluctuated within narrow limits, and has latterly
fceen quiet, closing steadier, though still to a great extent
neglected. Refined for the Continent was quoted at 6®
6-50o. and for South America at 7c., while 900 tcs. Western on
the spot sold to-day at 6-20c. and 100 tcs. City at 5'70c.
DAII.T CLOBIKO PBICE8 OF LASD FUTURBS.
March delivery c.
April deliverv o.
Maydellverr o.
July delivery o.
October delivery c.
Pork has been in fair demand, but closed rather weak at
$10 50J$11 25 for new mess, $10@$10 75 for old do., $9 25a
$9 75 for extra prime and $11 50(a$13 for clear back. Beef has
been steady but qtiiet at $6 50® |7 for extra mess, $7 75® $8 for
packet, $7 50® $8 for plate and $11 50S$14 for city extra India
mess. Beef hams have been steady at $12 25® $13 for small lots.
Cut meats have been quiet and steady, closing at 8>^@ 8%c. for
pickled hams, 4}^c. for do. shoulders and 5® 6c. for do. bellies,
including 10 lbs. average at 53^c.; smoked shoulders 5@53^c.
TaUow has sold pretty freely at 4 .5-32c., closing quiet. Stear-
ine is quoted at Gjgc. for Western and City. Oleomargarine,
B 5-16@5j8C. Butter has been quiet and weaker, especially
for the lower grades, which are plentiful. The top price is
now 281^0. for Elgin creamery, with the best Western factory
17@18}^c. Cheese has been in fair demand and firm, closing
at 10@10V^c. for full cream State factory.
Rio coffee on the spot has been in good demand and firmer,
closing at 17)^c. for No. 7 flat bean. Mild has been in gooddemand and firm. Rio options have fluctuated within narrowlimits, now advancing and now declining, but closing at a
net advance for the week of 5 to 10 points, this being the rise
to-day, which was due to an unexpected advance in Havre,
and the firmness and activity on the spot, as well as a decreas-
ing stock at Rio de Janeiro. The receipts have been liberal,
but the speculation is narrow and " professional," and a fewsupporting orders from bulls sustain the market each dayin the absence of any^ aggressive short interest. The propor-tions of the speculation have shruuk so sharply that to-day the
sales of options were only 13,500 bags. The option market is
understood to be heavily " long," while the short interest is
said to be confined for the most part to hedging sales by job-
bers against the actual coffee. Contrary to expectations theworld's visible supply increased during January 75,463 bags,
whereas a decrease had been expected of from 50,000 to 1 50,
000 bags. Options closed firm, with the following prices bid :
February 1610c. I May 16o. I Ai yc-^t 15-8.'3c
March 1605o. June 15 95o. September 15-80cApril 16c I July 15-90c.
IOctober 15-75o
Raw sugar has fallen to 5 l-16c. for fair refining, while thequotation for 96-test centrifugal has continued to be S^gC.
,
closing firm and fairly active both for raw and refined. Cutloaf and crushed are quoted at 73^c. and powdered at 65gC.
Tea has sold at steady prices.
Kentucky tobacco has been more active and steady, with sales
of 450hhds., of which 300 hhds. for export. Seed leaf has soldslowly at generally unchanged prices. The sales embrace 450cases, crop 1887-88, Pennsylvania seed leaf, at &J^@llc. ; 200icases, crop 1888, State Havana, at 133^@14c. ; 1.50 cases, crop1888, New England Havana, at 16® 40c. ; 200 cases, crop 1888,Wisconsin Havana, at 10i^@13c.
; lOO cases, crop 1888, Penn-sylvania Havana on private terms ; 200 cases sundries at &\4@SlHc.; also 600 bales Havana at 64c.@$l 15 and 300 balesSumatra at $l(a$2 15.
Spirits turpentine has advanced to 43}^® 44c. owing to a rise
in Southern markets. Rosin has been active and higher here andat the South, and the New YorK stock has been considerablyreduced, closing at $1 25 a 1 30 for common to good strained.Hefined petroleum is still 73^c. in barrels and 9'70c in cases
;
naphtha 8'lOc and crude in barrels l^c. Crude certificates
closed at 1-061^® 1 -06=^0. Hops have been firm. Wool hasbeen dull and depressed, with sales of domestic fleece at 30
g
84c and California at 18® 21c.
On the Metal Exchange tin has been the leading feature,monopolizing most of the business. Straits sold to-day at
20-60C. on the spot, 20-55@20-60c. for February and 20-30c.
for April, closing Arm. Copper was quiet but firm to-day,with the February settUng price 14-20c. Lead and spelter weredull, and iron warrants neglected and depressed, with theeettling pfrices $17-62i^ for February and $18 for May. SteelraUs have been quiet at $35-50.
COTTON.Friday. P. M., February 14, 1890.
The Movement of the Ckop, as indicated by our telegrams
from the South to-night, is given below. For the week endingthis evening the total receipts have reached 99,965 bales,
against 140,253 bales last week and 159,265 bales the previous
week, making the total receipts since the 1st of Sept., 1889,
5,202,643 bales, against 4,736,384 bales for the same period of
1888-9, showing an increase since Sept. 1, 1889, of 466,259 bales.
BeeeiplMot— Sat. Mon. Tut». Wed. Thurt. Fri. Totit.
Galve.stonEl Paso, &c...
.Vew Orleans..
.
Mobile
1,407
6,512478
3,246
497
113
1,917
1,132
470591
758
3,062
3,524
1,530
4,376
755
152
1,542
1,084
560721
153
1,646
6,532
181
1,839
224
284
'
7723,670
735278
826
1,681
4,802112
1,358
340
'""89
1,339
1,224
5121,1.55
1,278
975
8,738128
1,273
198
95
1,065547
411829
298
3,396
l.S-id
4,151
501507943
3,148
6313
5151,614
1,247
823376
2,112
363
12,167
1,829
34,259
2,930
Florida
SavannahBrunsw'k, &c.
Charleston
PortRoyal,&oWilmingtonWash'gton,(tc
Sorfolk
50713,035
3,148
2,014
79613
7,200
West Point...
N'wp'tN'8,Ac.
Sew York
7,271
1,247
3.511
3,950
Baltimore
Philadelph'a,&e
2,412
3,676
Totals this week 17,1'21 17,459 14,987 13,940 14.537i
21,901 99.965
For comparison we give the following table
week's total receipts, the total since Septemberthe stock to-night, compared with last year.
showing the1. 1889, and
Recetptt to
Feb. 14.
Oalveston . .
.
El Paso,&c.
New Orleans.
Mobile
Florida
Savannah. ..
Bruns., &c.Charleston ..
P.Boyal,&cWilmingtonWash'tn,&c
Norfolk...
West Point.
NwptN.,&oNew York.
Boston.. ..
Baltimore.
Phil'del'a, <fec
1889-90.
Week.
12,1671,829
34,2592,930
50713,035
3,148
2,014
79613
7,200
7,271
1,247
3,511
3,950
2,412
3.676
Since Sep.
1, 1889.
786,10613,022
1,743,385227,313
24,632865,736151,065
301,2061,768
127,5393,720
368,326296,19044,358
78,17654,102
60,06250,937
Totals 99,965 5,202,643 135,670|4,736,384
1888-89.
Thit Since Sep.
Week. 1, 1888.
13,031
1,843;43,107'
5,099]
10519,382
3,947
6,527
1642,416
479,676
12,089
6,729
3,421
3,748
3,489
850
587,13315,544
,468,653
188,223
20,626
747,378107,864
344,56213,462
144,1674,302
437,003340,400
96,79367,703
61,74656,124
34,701
Stock.
1890.
49,059
281,69324,241
47,88815,104
28,793
12,133
41,900
7,269134,604
11,850
9,020
17,569
1889.
35,159
355,72737,514
83,279
24,697
5,833
41,888
23,957
232,18213,000
22,95615,392
681,123i 891,584
In order that comparison may be made with other years, wegive below the totals at leading ports for six seasons.
ReeeipUat— 1890.
Galv'ston.&c,
New Orleans
Mobile
Savannah. ..
Charrot'n,&c
Wilm'gt'n,&o
Norfolk
W't Point, &cAll others
Tot.thisweek
13,996
34,259
2,930
13,0352,014
8097,200
8,518
17,201
99,965
1889. 1888.
14,874
43,1075,099
19,382
6,691
2,463
9,676
18,818
15,560
135,670
6,57435,3272,149
5,571
6,755
1,515
4,910
8,669
12,667
1887.
6,71633,537
2,909
7.902
4,050929
10,092
6,308
14,139
•84,137 86,582
1886.
11,89942,7625,109
12,0496,20^
1,387
9,808
5,718
7,590
1885.
4,073
22,741
8,151
5,065
6,107
6816,021
1,560
4,925
102,524 54,324
31nce8ept.l. 5202,643 4736,384 4766,873 4681.221 4443,930!4339,722
The exports for the week ending this evening reach a total
of 106,110 bales, of which 73,856 were to Great Britain, 8,769
to France and 23,485 to the rest of the Continent. Below arethe exports for the week, and since September 1, 1889.
Bmportt
fr&fn-'Great Conti- Total
Brifn. ^<"«e nent. Week.
GalvestonNew Orleans..
MobileSavaanabBrunswickCharleston—Wilmington...Norfolk
West Point....
N'portNwa. &oNew York...
BostonBaltimore...
PhUadelp'a.*o
Total
Total, 1888-B9.
Werk Ending Feh. 14.Exported to—
2.491
15,907
7.5I0i
14,'i81
6,983
1,030
i«,»33
6.S61
8,521
973
7,330
78,858
1,764
3.873
18.098
4,681
SO
1.049
4,215
27,110
11,787
6,993
1.030
22,463
6,411
4,570
973
Prom Sept. 1. 18SB. to Feb. 14, 1890Exported to—
Great
BrUain. FrailM
280.738
679.580
44.789
160,738
90.062
44,018
71,928
188,405
131,078
ao.BM328.438
91.400
38,507
19,100
34.659
311,174
30,326
24.246
23,485 lOli.UO 2,178,893 431,867
29,88*
1,300
72,804 20,530 24,903 118,227 '1.988.921 316.089
Conti^
runt.
119,103
407,390
.297,407
14,237
143,802
32,988
31,759
20,609
100,755
1,8,'0
82.063
1,606
1,208,458
e85.203 3.390.153
TotaX.
431,800
1,398,124
44,789
478,471
101,349
211,866
104,914
220,164
151,687
20,906
457,083
«3,2S9
72.870
80,706
3,813,718
Fkbhcart 16, 1880.] IHE CHRONICLE. 247
In addition to above exporte, our telegrams to-night also
give us the following amounts of cotton on shipboard, not
cleared, at the ports named. We add similar figures for
New York, which are prepared for our special use by Messrs.
Carey, Yale & Lambert. 24 Beaver Street.
On Hhipboard, not eltartd—forLeaHnoStuck.Feb. 14, at— Qreal
Britain.France.
OtherForeign
Ooatl-wUt. Total.
New Orleans...Mobl.o
18.245 3,587 35.705None.4.000
11,0002,7301,5008,2506,000
423None.300
4,80010,6703,500None.None.
57.900None.9,3WI
15.80028.00025,00018,67519,000
223,73324,211
Charleston ....SarannahGalvestonNorfolkNew YorkOther ports
5,000None.14,60020,0009,700
13.000
None.None.None.None.725
None.
10,49332,08821,05016,900
115,92!)53,945
Total 1890... 80,545 4,312 60,185 19,693 173,735 507,388
Total 1889...Total 1888...
59,226 4,05263.596 2,685
45,88461,157
22,70616,147
131,868143,585
759,716758,096
The speculation in cotton for future delivery at this markethas been active, and after a decline early in the week prices re-
covered the loss and further advanced. There was an advanceon Monday, largely owing to a report by the AgriculturalBureau favorable to the "long" interest. Other circum-stances contributed to the upward movement ; among themwas the fact that the receipts at the ports were only 17,768bales, against 35,814 bales the same day last week and 26,000bales on the corresponding date last year, while the exportswere nearly double the receipts. On Tuesday there was a de-cline in the face of an advance in Liverpool and continuedsmall receipts, the depression being due partly to the fact thatLiverpool quotations did not rise so much as had been ex-pected, and partly to "long" realizing. Further realizingcaused a net decline on Wednesday, after an early advance,Liverpool prices moreover being lower. On Thursday therewas an advance, largely owing to an unexpected rise in Liv-eriX)ol, where bears were reported to be covering, owingto estimates sent from New York that the plantationmovement this week would not reach more than 75,000 to80,000 bales, and the receipts at the interior towns only25,000 to 26,000 bales. The exports from the ports continuedliberal, moreover, being considerably in excess of the receipts,while there were reports of a paucity of cotton in the interior.
Considerable stress, in fact, was laid on the smallness of thereceipts at the interior towns, those at Memphis, for example,being 589 bales against 2,356 bales on the same day last year.To-day there was a slight advance, owing to small receipts atthe ports and interior towns, those at the latter being small forthe week, while renewed buying was reported for foreignaccount, with the Liverpool market slightly higher, and pricesat the South either firm or showing a small advance.
Spot cotton advanced %c., to 11 5-16c. for middling uplands,with moderate transactions.The total sales for forward delivery for the week are 783,900
bales. For immediate delivery the total sales foot up this week7,229 bales, including 3,605 for export, 3,624 for consumption,— for speculation, and—; in transit. Of the above— baleswere to arrive. The following are the official quotations foreach da.y of the past week—February 8 to February 14.
UPLANDS. Sat.
OrdinaryStrict OrdinaryGood Ordinar.vStrict Good Ordinary.LowMlddliucStrict Low Middling..MiddlingGood MiddlingStrict Good Middling.Middling FairFair
.*lb.8^89%
10!, a1011,6
ll'iflllBg121,812»,,
mon Taea Wed Tl>
81a8i6,a
9>'ialOH10%llheUI4Ilialiu,e12181258
81a816,6913,6
101410%lUieIII4Ills1111,6121812=8
81a
913,8IOI410%lUlBIII4H<21111,,121812=8
81381-1
913,8lOU10%111,8III4Ilia1111,81218120e
Frl.
89,699-'8
10', 61013,8Ills115,811».611%12<,61211,8
GULF.
OrdinaryStrict OrdinaryGood OrdinaryStrict (iood Ordinary.
.
Low MiddlingStrict Low Middling. .
,
Middling,
GoodMrddlingStrict Good Middling..Middling FairFair
.»lb.
Sat. itlou Taea Wed Th. Frl
811,69%10107,61016,6im117,,1111,611^8125,811213,81
8%9'I8
101,6101a11
Ilia11%1116l«12%12^8
8%9'i«
101,6lOia11ll'isIII211%1116,812391278
8%
91,6IOI211llSiBIlia11%lliB,e12381278
9'ie101,6lOia1111«1811
V
11%1115,6123812^8
914IOI9lOK,,ll'ie1138ll'lfl
111-ie1212',«1216,8
STAINED. Sat. Rlon Tneal Wed Tb. Frl.
Good OrdinaryStrict Good Ordinary.Low MiddlingMiddling
.yib. 8>,6 8388l'i« 9978 916,8
10'i,«|lO%
838 8389 9915,6 916,610% 10%
838 8',e9 91,6916,6 1010% Il0i3,e
MARKET AND SALES.
SPOT MABKETCLOSED.
Bat. .'SteadyMon . Steady at 1,6 ad.Tues. SteadyWed.iEaalerThiir. FirmFri...|Steadyat ijaad.i
ToUll f
SALES OF SPOT AND TBANSrT.
Ex-port.
Oon- Spec- Tran- _ . ,
rump, ul'l'n tU. Total.
3,605 617168
1,151335175178
3,605 2,624
Salee.
4,222168
1,151335175178
7.229 783.900
74,500173,000174,700132,500133,10096,100
IfUv-erU'.
The daUy deliverlea given above are aotnaUy deUvere* the dayprevious to that on which they are ra»srte<).
"» "i"" "•/
The Sales and Prices of Futures are shown by thsfollowing comprehensive table:
* Inoluda^Rales in September, 1889, for September, 147,600; Septembot^October, for October, 640,600; SeptembcivNovember, for November,636,200; September-December, for December, 957,200; September-January, for January, 1,570,100.
^p° We nave included in the above table, and shall continue eachweek to give, the average price of futures each day for each month. It
will be found under each day following the abbreviation " Aver " Theaverage for each month for the week Is also given at bottom of table.
Transferable Orders—Saturday, ll-lOo.: Monday, ll-25c.; Tuesday,
11-15C.; Wednesday. ll-lSc; Thursday, ll-25c.; Friday, ll-25c.
The following exchanges have been made during the week.08 pd. to cxch. 200 Mch. for May."03 pd. to cxeli. 100 July for Aug.•10 pd. toexcb. 200 May for July.•03 pd. to exch. 200 July for Aug."
•10 pd. to exch. 100 April for Juns.•12 pd. to exch. 500 May. for Aug.13 pd. to exch. 200 Dec for Oct.
i248 THE CHRONICLE. [Vol. L,
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 Britain and the afloat are this week's returns,
and consequently all the European figures are brought downto Thursday evening. But to make the totals the complete
figures for to-night (Feb. 14), we add the item of exports from
the Unfted States, including in it the exports of Friday only.
1890. 1889. 1888. 1887.Btook at Liverpool bales 1,014,000 733,000 852,000 914,000JBtook at London 14,000 4,000 26,000 10,000
Total Great Britain stock. 1,028,000 737,000 878,000 924,000Btock at Hamburg 2,400 3,100 4,200 3,300
Btock at Bremen. 138,000 14,000 43,300 24,200
Btock at Amsterdam 6,000 21,000 26,000 32,000Btock at Rotterdam 300 300 300 400St/vk Ht AiitwpFD 5.000 500 700 1,700
IS^ka Hav^l^v.v::;::::::: 170 oSo 100.000 183.000 237.000Btock at Marseilles 3,000 4,000 3,000 3,000
Btock at BareeloM.V.V..;;;: 110,000 42 000 48.000 37,000
6tockatGenoa..„.. ......... 16,000 6,000 4,000 5.000
Stock at Meste..... 13,000 8,000 5,000 8,000
Total Continental stocks 463.700 198,900 317,500 351,600
Total European stocks.. .. 1,491,700India cotton afloat for Europe. 149,000Amer.cott'Dafloatfor Europe. 375,000EgyptBrazil.&c.afltforE'r'pe 36.000Btock in United States ports .
.
681,123Btock in U. 8. interior towns.. 241,592United States exports to-day. 9,557
935,900 1,195,500 1,275,600225,000 119,000 180,000377,000 353,000 505,00048.000 55,000 45,000
891,584 901,681 872,805301,246 327,450 290.06414,341 9,256 15,208
Total visible supply 2,983,972 2,793,071 2,960.887 3,183.677Of the above. Uetotals olAmericanand otlier descriptions are as followf.Amenean—
Liverpool stock bales 806,000 587,000 668,000 725,000Continental stocks 362,000 133,000 188,000 264,000American afloat for Europe... 375.000 377,000 353,000 505,000United States stock 681,123 891,584 901,681 872,805United States Interior stocks.. 241.592 301,246 327,450 290,064United States exports to-day. 9,557 14,341 9,256 15,208
Total American 2,475,272 2,304,171 2,447,387 2,672,077Xait Indian, Brazil, dc.—
Liverpool stock 208,000 146,000 184,000 189,000Londonstock 14,000 4,000 26,000 10,000Continental stocks 101,700 65,900 129,500 87,600India afloat for Europe 149,000 225,000 119,000 180,000Egypt, Brazil, Ac, afloat 36,000 48,000 55,000 45,000
Total East India, &c 508,700 488,900 513,500 511,600Total American 2,475,272 2,304,171 2,447,387 2,672,077
Total visible supply 2,983,972 2,793,071 2,960,887 3,183,677Price Mid. Upl., Liverpool 6iu.d. 5«jBd. 5»i,d. 5^3.PriceMid.Upl., New York.... 115,^0. 10c. lOOgc. 9ii2C.
|lt^~ The imports into Continental ports this week have been98,000 bales.
The above figures indicate an increase in the cotton in sight
to-night of 190,901 bales as compared with the same dateof 1889, an increase of 23,085 bales as compared with thecorresponding date of 1888 and a decrease of 199,705 bales
as compared with 1887.
At the Interior Towns the movement—that is the receipts
for the week, and since September 1, the shipments for theweek and the stocks to-night, and the same items for thecorresponding period of 1888-89—is set out in detail in thefollowing statement.
BWt;t-
IB CP FT'
"00 - sO?
t-*. . . • at a> • P- PB< ^'
P S-'^'Jfr-S'
or
(f- CCW -g K) CC©Cnt-ftODHOSO
tC O O" U' to CO toO o» <:d to CO to 051^ o: )f>> uM cc-co
CCh-rfi-CD WMOOOC WK>0»0Oi 05 CO )(i- p- ifko
WCCOiCD* OS'*!M to - 1 1 a.
GOtOtOCO^D' rOMOKl OCCOOWOitOtOOi^KJMtD-j; coaDC;c;iccp;oaotOfios'--
tf" -J H 01 lf>> 10 MW^< H CO CO to <1 W Cf <I GOCOW C;_tO Cn CO© <)_tO W CO "t^-H-QO-^tO-sIOirfi'
V'^*^loV©©QDCO©'Vl©©OOOS©W©lo•^xco^C3'i-'©totoaoc:MO'tf*-aD©cotoc;iC0OlQCtOtOO5h-'COC0C0©l^Cn<lC0CCXt0ai
'M'tOtO<JCC: tP-.M'cDIO C;i*-05tf>>0;MtO<J©c:H*r-t-»; tOf-'-q)^oi©to©aDQotftcnC'3cocoif^M&a. ©((^<icnrf»>Of^cooDco©Qot-'
^1 CO3^y i^j^i^i^r'i^.r^ i^**-i*w5^ ^^I- W tOUl'VlVll^ h-UiOD ^CcV CO O'Go'b^rfk-^ QD Of ti- CO© H 0> |U© OD© CD CO tf^M©O COO!tO©tf*©©'^X00i-'GO©Q0KJrfkCO©-4©
§
I
s-SS
^1
©w<l05cococoii>>MM©
tO<lCJt
Ct»0©Mwen 01 CO
OD**©C^cn<i©
MK)M
^©ClCOrt^©to©oo
CKj'J'tOOi--IQDOSh-
KiOiMOlft©rf^OlOi
01M©M_"tOCCQcIoweooccCOCOA;
MM; »-
Vco; K)tooi; tf*
©01* 01
^-^tOC;i*Jb0C0C0©-^M©OStOC00Dt0C0'OC;iM©©lOC0©|ftfc'gC0OlCDvJ0D-Kj-^M©©O01C0CJ<W'MMMOIM0Dt0-)C0©**<I(0QD
Mt^ OS M•^©to»^-o;Kiccco<i© cttooi©coi^01^p Cif©C U»M <J OD C;'<D Oi;-J © 05C CO h-
afC3'lo"toc;iWGo©wMb:co'b«©'^C5XC»©0«QOr-CC©COO'^]UiM©a'MClCO<Jl0^tOC7>O5Vi©tOCO©ri^Ol©Ci9©©©(X'CCt0CC)f^
-> 10 <1 C (t^M *fc C; CO M to CO 00 01 *" to 01©c©©o:tf».--j-goicoo»o«<ic;iM<i©)-©-cotocxifk(-toc<if».'X'OC'CCc;icC'q©c;'
II
i;
^^a> »0 M I- M
ooc:ot-'o;to^rf-c;o: cx,;.o«utwo
* 1889 figures are for Palestine. 1 1889 figures are for Petersburg, Ya
.
J I<ouJsyilJe Jn botU years are " net." . § Tlils year estimated.
The above totals show that the old interior stocks havedecreased during the week 14,354 bales, and are to-night 59,654
bales less than at the same period last year. The receipts atthe same towns have been 7,223 bales less than the sameweek last year, and since Sept. 1 the receipts at all the townsare 131,840 bales more than for the same time in 1888-89.
Quotations for Middling Cotton at Other Markets.—In the table below we give the closing quotations of middling:cotton at Southern and other principal cotton markets for eacbday of the past week^
Week endingFeb. 14.
Galveston.New OrleansMobUeSavannah . .
.
Charleston.
.
Wilmington
.
NorfolkBostonBaltimore...PUiladelpWaAugusta.. ..
Memphis ...
St. LouisCincinnati .
.
Louisville. .
.
CLOSDJO QUOTATIONS FOB MIDDX-ING COTTON ON—
Satur. Man.
10>a10^2lOia10%lOifiIOOb10%11%1111%10>210<18IOI2103i10!H
10 la
10=8lOifl
107,«lOHilOia]0!>e11%1111%lOHilO'ls101210^10%
Tuet.
lOislOSg10>a10',,10»810=8lOSg11%imIlia
lO^aaOs10*18109,810%103i
Wednet. Thur$.
10»810=810 >«
101a10»81058105911%IllsIlls109,810=8109,810%11
10=810=810*18109,810=810=81011,811%11%Ilia10=810=810=810%11
Fri,
10=810%10»i«10<]«-.
10%.10%.10%11%.Ills.llV10%.10%.10%10%11
The closing quotations to-day (Friday) at other importantSouthern markets were as follows:
Little Eock 10^,6 KomeMontgomery.. lOia BelmaN ashvllle 10 la Shreveport
.
Raleigh 10%-%THE Plantations,
Atlanta 10ii,8Columbus, Ga. 10%Columbus, Miss 1014Eufaula lOia
Receipts From
10%.lOljB101*.
-The following tables
indicates the actual movement each week from the plantations..
The figures do not include overland receipts nor Southermconsumption; they are simply a statement of the weeklymovement from the plantations of that part of the crop which"finally reaches the market through the outports.
WetkSnitni—
Jan. 10" 17....
" 84...." 31....
Feb. 7. .
' U....
BeeeivU at t*« Port*.
lr»
145.711
105,403
90,130
98,'i68
»9,5-3
84.18-
lt89. 1890.
159.119
149,178
177,821
I5S,3S4
126,347
135.ft70
189,826
I58,80f-
148,692
159,266
140.353
99.905
St'Jk at Interior Towns.
1888.
437.202
123,832
.398,012
379,556
368,668
860,441
1889. 1890.
435.568
407,093
389,648
361,239
336.521
320,2S7
395,470
359 020
345,076
287.884
280,548
258.967
Rec^pt$ from Plani 'n».-
188S. 1889. ISefr.
121,139
92,033
64,310
80,212
88,690
76.915
148,027
120,703
180,371
126,950
101,629
119,43e
117,73e'
122,418'
113,951
122,070'
132.917
79,374*
The above statement shows: 1.—That the total receipts fromthe plantations since September 1, 1889, are 5,450,156 bales; itt
1888-89 were 5,041,296 bales; in 1887-88 were 5,103,484 bales.
8.—That, although the receipts at the outports the past weebwere 99,965 bales, the actual movement from plantations waffonly 79,374 bales, the balance being taken from the stocks at;;
the interior towns. Last year the receipts from the plantations'
for the same week were 119,436 bales and for 1888 they were'75,915 bales.
Amount of Cotton in Sight Feb. 14.—In the table belowwe give the receipts from plantations in another form, and addto tnem the net overland movement to Feb. 1, and also thetakings by Southern spinners to the same date, so as to givesubstantially the amount of cotton now in sight.
1889-90. 1888-89. 1887-88.
Receipts at the ports toFeb.l4 5,202,643'4,736,384|4,766,873Interior stocks on Feb. 14 inexcess of beptember 1 247,5131 304,912| 336,611
Tot. receipts from plantat'nsNet overland to February 1 .
.
Southern consumpt'n to Feb. 1
Total in sight Fel)ruary 14
.
Northern spinners takings toFebruary 14
5,450,156 5,041,296 5,103,484718,0251 689,589 792,413270,000 265,000 240,000
6,438,181 5,995,885 6,135,897 5,731,747
1886-87,
4,681,221
273,30»
4,954,527583,220194,000
1,443.216 1,376,318 l,387,87o|l.200.001
It will be seen by the above that the Increase in amount in si^htto-night, as compared with last year, is 442,296 bales, the increase- as^compared with 1887-88 is 302,284 bales and the Increase over 1886 SST
is 706.434 bales.
Weather Reports by Telegraph.—Reports to us by tele-
graph to-night indicate that rain has fallen in almost all sec-
tions of the South during the w eek, and that in portions ofTennessee and of the Gulf States the rainfall has been ratherheavy. Preparations for the next crop are actively going onin Texas.
Oalveston, Texas.—It' has rained hard on two days of tteweek, the rainfall reaching eighty-five hundredths of an inch.The thermometer has averaged 61, ranging from 46 to 74.
Palestine, Texas.—We have had showers on three days ofthe week, the precipitation reaching ninety-five hundredths ofan inch. Ice formed on three days. Plowing is active. Thethermometer has ranged from 30 to 76, averaging 53.
Huntsville, Texas.—Preparations for the new crops areearly and active. Corn planting is progressing. There hasbeen hard rain on two days of the week to the extent of twoinches and forty-four hundredths. Average thermometer 60,highest 80, lowest 39.
Dallas, Texas.—The weather has been dry all the week.The thermometer has averaged 60, the highest being 86 andthe lowest 33.
San Antonio, Texas.—Planters have got an unusually early^
start. It has rained hard on one day of the week, the rainfallreaching eighty-four hundredths of an inch. The thermome-ter has averaged 58, ranging from 83 to 82.
February 15, 1860.J THE OHRONICLE 249
Luling, Texas.—It has rained rather heavily, but just as
needed, on two days of the week to the extent of one inch andten hundredths. Much land has already been broken up andconsiderable com planted. The thermometer has ranged from34 to 83, averaging 58.
Columbia, Tea-as.—There has been hard but very beneficial
rain on one day of the week. Plowing is progressing. Theprecipitation reached two inches and seventy hundredths.
Average thermometer 58, highest 80, lowest 35.
Brenham, Texas.—We have had good rains on two days of
the week, the rainfall reaching one inch and ninety-one hun-dredths. Plowing is well under way, and some com has-already been planted. The thermometer has averaged 60,
ranging from 38 to 83.
New Orleans, Louisiana.—It lias rained on two days of tXw
week, the rainfall reaching one inch and forty-seven hun-«lredtlis. The thermometer has averaged 56.
Shreveport Louisiana.—Rainfall for the week two inches
«nd thirty-nine hundredths. The thermometer has averaged.65, ranging from 34 to 65.
Columbus, Mississippi.—We have had rain on two days of
the week, the rainfall three inches and twenty-two hun-<iredth8. The thermometer has ranged from 34 to 52, averag-
ing 43.
Leland, Mississippi.—During the past week the averagethermometer has been 54 '4, highest 75, lowest 31.
Greenville, Mississippi.—The week's precipitation has been^ne inch and ninety-two hundredths. The thermometer has.averaged 47"5, the liighest being 65, and the lowest 33.
Vicksburg, Mississippi.—It has rained on two days of theweek, the rainfall reaching two inches and thirty-hundredths.
'The thermometer has ranged from 37 to 80, averaging 56.
Little Rock, Arkansas.—It has rained on two days of thepast week, but otherwise the weather has been clear andi«pring-like. The rainfall reached ninety-nine-hundredths of
an inch. Average thermometer 44, highest 60 and lowest 30.
Helena, Arkansas.—It has been showery on two days of
the week, the precipitation reaching one inch and fifty-nine
liundredths. The thermometer has averaged 45, the highest/being 59 and the lowest 30.
Memphis, Tennessee.—We have had rain on three days ofthe week, the precipitation reaching three inches and thirty-
two-hundredths. The thermometer has averaged 51, rangingXrom 37 to 75.
Nashville, Tennessee.—Rain has fallen on two days of theweek to the extent of two inches and ninety-eight-hundredths.'The thermometer has ranged from 23 to 64, average 43.
Selma, Alabama.—Telegram not received.
Auburn. Alabama.—The week's precipitation has been oneinch and forty-two hundredths. Average thermometer 48,
liighest 61-5. lowest 29.
Mobile, Alabamxi.—Rain has fallen on two days of the week,the rainfall reaching one inch and thirty-eight hundredths.Average thermometer 54, highest 74, lowest 36.
Montgomery, Alabama.—Rain has fallen on two days of theweek to the extent of twenty-nine hundredtlis of an inch. Thethermometer has averaged 51, the highest being 68 and theiowest 30.
Savannah, Georgia. —It has rained on five days of the week,the rainfall reaching ninety-one hundredths of an inch. Thethermometer has averaged 53, ranging from 38 to 71.
Augusta, Georgia. The early part of the week wasclear and pleasant, but during the latter portion we have hadlight rain on four days, to the extent of eighty-one hundredthsof an inch.
Columbus, Georgia.—There has lieen rain on two days ofthe week, tlie rainfall reaching one inch and twelve nun-dredths. The thermometer has averaged 48, the highestbeing 60 and the lowest 35.
Charleston, South Carolina.—Rain has fallen on three daysof the week to the extent of thirty-seven hundredths of aninch. The thermometer has averaged 53, the highest being•«9, and the lowest 39.
Stateburg, South Carolina.—We have had rain on three•days of the week, the rainfall reaching thirty-seven hun-dredths of an inch. The thermometer has averaged 46'1, rang-ing from 34-3 to 67.
Wilson, North Carolina.—Rain hag fallen on two days ofthe week to the extent of seventy-six hundredths of an inch.'The thermometer has ranged from 33 to 69, averaging 47.
The following statement we have also received by telegraph,showing the height of the rivers at the points named at 3o'clock February 13, 1890. and February 14, 1889.
Bfew Orleans Above low-water mark.Ifemphis Above low-water mark.JT&shvUIe ....Above low-water mark.•Shreveport Above low-water mark.Vicksburg Above low-water mark
feb. 13, '90. Feb. 14, '89.
Feet.1438381744
Ineli.7
98
Feet.12156
2831
Inch.342
O
India Cotton Movement from all Ports.—The receipts"•ad shipments of cotton at Bombay have been as follows forthe week and year, bringing the figures down to Feb. 13.
BOMBAY RECEIPTS AND SHIPMENTS FOR FOUR TEARS.
i8hij>me>tl* thit week.l ShipmenU linee Jan. 1. Receipts.
I«mr\ GreatJBrifn.
OoTilt- ! „ , , ! Great\ Oonii-
nent.;
^'»'-j
Britainl nent. Total.ThisWeek.
SinceJan. 1.
T890I 9.000lgt«9 10,00018881 4,000l«87i 7.000
19,000130,000 109,000 109,000 «9,0O0' 388,00040,000|50,000i 63,000 190,000- 253,000 09,000 4o5,0O03*.000|42,000i 24.000112,000 136,000 13,000 237,00019,000!2«,000 35,0001124,000 159.00042,000 287,000
According to the foregoing, Bombay appears to showno change compared with last year in the week's receipts,
and a decrease in shipments of 41,000 bales, and the ship-ments since January 1 show a decrease of 54,000 bales.
The movement at Calcutta, Madras, and other India porta fortlie last re|K)rted week and since the Ist of January, for twoyears, lias been as follows. "Other porta" cover Ceylon,Tuticorin, Kurrachee and (>xx>nada.
Calcutta—18901889....
IIadra»—1890....1889....
All otbers—1890...1889...
Totel all-1890...1889...
M^mentt/&r IKe iMefc.
Great Oonti-Britain. nent.
3,0005,000
1,0002,000
5,0004,000
9,00011,000
Total.
1,0002,000
4,0007,000
1,0002,000
S.OOO4,000
1,000 10,0002,000 13,000
BMjmttnts sine* January I.
BrUain. <'<»»<*n€n<. Total.
9.00015,000
2,0004,000
9,00014,000
20,00033,000
14,00013,000
2,000
3,0003,000
23,06028,000
2.00O6,000
12,00017,000
17,00018,000
37,00051,000
The above totals for the week show that the movement fromthe ports other than Bombay is 8,000 bales less than the samaweek last year. For the whole of India, therefore, the totalshipments since January 1, 1890, and for the correspondingperiods of the two previous years, are as follows:
EXPORTS TO ECROPE FROM ALL INDIA.
Shipmentsto all Europe
from—
1890. 1 1889. ( 1888.
ThUweek.
a'neeJan. 1.
ThUvoeek.
atnec ThUJan. 1. veele.
aitutJan. 1.
BombayAll other porta.
9,00010,000
199,00037,000
50,0001 253,00013,000{ 51,000
42,0009,000
136,00041,00O
Total 19,000! 236,000! 63,00o| 304,000 51,000 177,000
Alexandria Receipts and Shipments.—Through arrange-ments we liave made with Messrs. Davies, Benachi & Co., ofLiverpool and Alexandria, we now receive a weekly cable ofthe movements of cotton at Alexandria, Egypt. The followingare the receipts and shipments for the past weak and for thecorresponding week of the previous two years.
Alexandria, Egypt,February 12. 1889-90. 1888-89. 1887-88.
Receipts (cantara'iThis weekSince Sept. 1.
75,000\ 2,833,000
60,0002,438,000
30,0002,688,000
ThUweek.
SinceSept. 1.
Thisvoeek.
SinceSept. 1.
ThUweek.
SineaSepLl.
Exports (bale.?)—To LiverpoolTo Continent
4,000210,0007,000; 109,000
2,000 188,0007,000 101,000
5,0003,000
205.00O119,000
Total Europe 11,000 319,000 9,000289,000 8,000 324,000A cantar is 98 pounds. i Revised
.
Manchester Market.—Our report received by cable to-nightfrom Manchester states that the market is quiet for both yamsand shirtings. The demand for India is poor. Mills are par-tially stopping work. We give the prices for to-day below,and leave those for previous weeks of this and last year forcomparison:
1890. 1 1889.
32« Oop. 8I4 lbs. Vid!' 32. OOP. 8>4 lbs.OotrnHid.
TwUt. Shirtings. ^^, IwUt. Shirtings. Vptds
d. d. 3. d. 8. d. d. d. d. s. d. a. d. d.J'nlO %U. »8% 6 3 ®7 3 5% 715,g98'i, 6 0J3»7 l>ii f>H" 17 8>4 »8^ 6 3 -a? 3 513,« 7iSie®8'i6i6 1 ®7 IH 5»I«" 24, 8H! »878 6 4 ®7 4 6% 715,„®87i«'6 1 ®7 l»a 5V" 31|8i3 WS's 6 4 97 4 6iie 7it,aa87„IO 1 97 1"« 5^
Feb. 7!8»9 ®8'8 6 4 «7 4 6 8li« 98»,«|6 2 97 2>a 598" 14 83g 98% 6 3 ®7 3 ei„ 7lV«»8T,g 6 1 97 1 la S»|«
Jute Butts, Bagging, &c.—There has been a fair demandfor bagging, but the movement is not active. Prices arequoted steady at %%c. for 1)4 lb. ; 7J4C. for \% lb. ; 8c. for3 lbs., and %%c. for standard. Not much inquiry is noted forJute butts, and the movement is quiet aft l^g@l'65c. for papergrades and ljg@3>^c. for bagg^g qualities.
East India Crop.—From Messrs. Gaddum, Bythell & Co.'scotton report, dated Bombay, Jan. 10, we have the following:The arrivals into Bombay (or a period of eight days showed an
increase on last week. In the Oomra and Bengal markets suppliescontinue on about the same scale, but at the former markets we exiiectto see an Increa.ie in the supplies ahortly. Reports from the Broachand DhoUera districts are of a. favorable nature, the weather they arenow having being juat what is wanted for ttie development of the plant*.FicldDg in the Broach districts is expected to begin towards the end olthis month.
The Bombay Prices Current ot like date said.
There was nothing of fresh interest to note in the telesrraphlc weatherand crop reports issued on Monday regarding the harvesting of tteBengal and Oomrawuttee crops, the weather in those circles havingbeen bright and seasonable, and attention is now more panicularlTtamed to Broach and Dhollera as tlie next growths to come forward.In the former circle the weather continued favorable, the tlowering ofthe plants was advanced, and the bolls were rapidly ripening in someparts, the crop looking healthy; while at Wadwan, in the Dholl«r»circle, the bolls were ripening rapidly on the plants, arrivals wereexpected early, and the crop is prouounced excellent; at Virumgaumpicking had partially begun in seasonable weather, and at Bhownugeerthe cotton was already arriving in small quantities. The further tele-
graphic advices received to-day make the situation unchanged over thewhole of the cottQn (trea, the weather oontlQuing bright ana seasonable.
260 THE CHRONICLE. \you L.
Agbiculthbal Depaetjiekt Report for February.—TlieAgricultural Department issued on the 10th inst. the remjrt
for February 1 on the proportion of cotton marketed, as fol-
loivs:
Tie cotton returns of the Department of ARrioultare for February
atve locBl eBtlniat<>« of tlie proportion of the crop which hai lert the
pl»nt»tloi;B The confolldatlon makes 80 4 pfrceiit,leaTliig9() percent
Jtmtogoforwaid. Ahcut nine tenths of the rrop has therefore been
report! d in sight, or Is in small stocks unreported, in hands of country
inerebants, or m (rmuitu. 1 he State averages are as follows : Virginia,
87; North Carolina 89; South Carolina, 90; Georgia, 90; Jloilda,
93; Alabama, 90; MlssiBsippl, 91; Louisiana, 89 ; Texas, 92 ;Arkan-
ae, 90; Tei'uefsee, 87. ^^ , ^ . <_The average date of close of picking is about the same as last year in
Georgia, Mifslssinpi, Louisiana and Tennessee; is earlier in the Caro.
Unas, Florida and Arkansas, and later in Alabama and Texas, ine
•Terageof the county dates is December 12, ranging fiom Novemberto January.
ported Is In Lcuisiaua, followed by Geirgia, Arkansas, Texas, Missis-
Jippi, Alabama and the Carolines. The average State prices as consoli-
dated are : The Caroliuas ard Georgia, 18 eents per bushel; Tennessee,
17; Florida, 3 6; Alabama and Mississippi, 15; Louisiana, 14; TexasandArkansap, 13.
, , ^ ,,„,,, , .^t _».,Theretuineof qnality are very high, except in Virginia and North
Carolina, and in Tennessee and Arkansas. It Is sujrerior In all the
Stales of the Gulf Coast. „, _= . o«The percentage of lint from seed oottoii is as follows : Virginia, 30
;
Korlh Carolina, 31-5; South Carolina, 32-7; Georgia, S2-2; Florida,
S2-3; Alaban a, 32-5: Miesi.sipil, :-2-3: Louisiana, 32-5; Texas, 32-4;
Arkansas, 32 2; Tenm ssee, 32.The damage by Insects was greatest in Arkansas and Texas. In
Florida, Alabama, Mississippi, Tennessee and North Carolina it wasgeneial, but less severe. Georgia and South Carolina suffered less. Theloss fiom the boll woim was in Georgia, Alabama, Louisiana and Texasgreater than that from the carterpillar.
There seems to be no way of interpreting the foregoing
figures so as to determine what the Agricultural Department'sidea of the yield is. The total make up of the crop will varyaccording to the view of each reader as to the amount which is
now " in small stocks unreported, in hands of country mer-chants, or in transitu."
Summary of Temperature and Rainfall for January.—The weather conditions have been so unusual at the South, as
well as elsewhere, during the present winter, that we have
prepared the subjoined tables, which show the averages of
rainfall and thermometer in October, November, December
and January for six years. The thermometer averages are
given first;
JlttrmomitarAverages.
M.Cab'lina18801888 (good)1887 (good)1886 (fair).
1886 (fair).1884 (bad)..
B. Cab'lina18801888 (good) ..-1887 (good) 86-01886 (fair'. 7«01885 (fain1884 (bad).
SO-4 32-377-0 37-688-2 34-382-7 S8-B'8-8 39-9
lOBQIA.18801888'('good)1887 igood)1886 (fair),1885 (fair).
1884 (bad)..
IXOBIDA.18891888 (good)1887 (good)1886 (falri
1886 (fair)
.
1884 (bad)..
AI.ABAHA.18881888'(good)1887 (good)1886 fair)
.
1885 (fair)
.
1884 (bad)..
IiOITIglAMA.1S891688 (good)18},7(ijood)1886 (Talr)1885 (fair),1884 (bad).
BUSSISSIPPI
1888'(gbod)1887 (good)1S86 (lair)
.
1885 (fair).1884 (baa)..
Abkansas.18891888 (gord)1887 (good)1886 (fair),1886 (fair).1884 (bad)..
Tennesseei8801888'(good)18»7 (good)1886 (fair).1886 (fair).1884 (bad)..
TXXAS.
1888'(good)1887 (good)1888 (fair)
.
1886 (fair)
.
1884 (ban;..
91-'
W-l79-8
7« ,
75-5
91-S
84-081-784-383-878-793-2
88-887*28h-587-686-091-2
85-483-683-487-678-9
36-3
3944'.38-6
57-468-468-560-660-366-6
62-861-261-8
41-3 63-14231 60-488-4
39-644-036-03t!-6
40-137-0
44-849-739-446-347-8
39-843-832-235-530-2
87-
.
85-480-090-7
85-582-U86-084-678-791 ';^
83--
82-388-482-185-090-4
81-880-485-784-378-393-0
88-8
87 -h85-183-11
92-8 38
89-3 40-287-9 469
88-745-946-846-7
36-240-430-4
38-646-4
34-137-08i-732-08a-888-2
31-537-628-038-284-831-0
40-286-6 41-9
3. .88-839-2
^82 45-5
69-4
69-6BO-662-466-160-572-3
66-869-771-471-488-173-8
64-863-163-368-261-2
67-366-1f6168-064-871-6
61-7«1-157-9H3-560-770-8
60-06 .
61-16ii-5
68-966-1
54-951-667-359-966:66-0
64-5«4-863-666-462-967-1
November.
77-0
7S-273-175-178-476-1
23-2 62-051-648-261-050-051-7
26-fl
28112»*
56-566-853-763-853-21
78-0 321 53-6
25-978-1 36-376-5 25-274-8 81-8
,;„ The words "liad."hat the aggiegate crop ft
76-177-175-676-076-773-9
82-885-380-8B2-080-681-1
79-080-076-778-17»-775-8
80-786-079-37»-481-B76-9
80-077-874-i<
78.27b-777-6
73-7787S-073-279-3
7S.6
73-877-375-073-878-2
71-B
77.883-378-981-382-878-4
28-032-720-629-830-531-3
30-786-.'i
27-0a6-03S-639-1
27030-821-429-880-032-0
SO-53o-630-133-638-335-5
64-753-654-062-852-11
03-9
68-461-662.160-2eO-963-8
54-764-855.964-664-463-9
64-668-558-957-869-158
74-6 23-6- - 18-4
15-314-923-11
11-6
85-263-663-868-171-0
26-2 60-931-921-327-629-333-1
52-45163-861-355-3
23-3 48-329-3 48-913125-028-424-5
24-6S8.013-8
2S-327-826-3
27-583-318-322-631-6.-12
61-0!
49-052-449-9
48-947-5
49-0i47-549-4!
47-91
48-962-054-;il5.3-91
56-9i
64-0'
68-870-564-768-470-8
75-065-96b-666-089-370-9
70175-077-074-878-777-8
76-867-967065-767-578-0
79-878-870-970073-776-3
77-866-670-770-771-470-9
78-067-
68-265-369-770-a
74-865-8693(•3-0
65-083-8
79-471-472-973-478-173-3
29-825-,
23-620-!i25-'
19-2
28-523-
21-9124-017-7
27-9
3-i-4
27-J26-233-4
50-340-242-139-144-845-7
08-34K-046-943-64«-048-2
67-7:41-246-9
4i-945-4491
53-857-954-454-861-9
January.
67-071-369-866-671-8
77-467-373-870-167-771-6
68-67S^68-583-468-1
80-6 AS-s'
•.i,<-3 46-8'
22-8 47-H-.JO-K 4.VI23-2 46-M16-6 49-8
•S+l 63-6Z8-6 60-827-1 49-823-8 .">l-0
ia»t> 62-824-6 64-4
SB-2 59-0iiiiv 46-920-1 44-917-5 44-820-1 47-
1
20-0 50-0
27-3 57-621-H 43-2;2-5 40-413-5 37-3lrt-8 43-510-7 37-6
2,'i-O 67-41H-.1 42'B9-1 .S9-«8-6 .H5-8
1H-(! 4(1-6
3-S 40-4
28-9 59-6;<o-5 49-6l«-7 44-0161 46-12(>-fi 49-615-a 44-1.
19-U16-29-47-0
18-2
29-921-821-613-06-6
22-2
80-023-119-912-64-6
20-1
81-4 40-374-6 30-380-1
74674-879-4
76-567-372-272-064-969-7
tO-672-978.17d-070-574-4
75-568-873-374-26775-0
77-78507a-373-360-
68-4
75-3fl-272 470 368-964
78-969-t75-177-.'>
70969-4
124-315-634-1
29-527-319-412-5
B-317-8
60-942-842-339-4.37-2
43-7
66-048-345-74-2138-545-1
54-8i5'347-241039-546-8
64-566859-251-452-459-0
57-347-349-744-640-845-7
28-8 60-828-8 51-623-01 tO-3lh-4| 49-18-1; 42-4
20-7i 48-2
S5-526-016-610-73-8
19-0
19-810-26-48-7—5-0
1-1
54-646-243-443-537-344.8
49-141-437-239-929-83-.i-4
2S-3 49-921-2 40-47-3 37-72-H .39-0
-8-6 29-S0-8 36-0
25-S 54-424-H 4,'i-5
9-0 40-89-5 40-11-0 34-4
H-nl 41-1
The raiatall averages are as follows
:
October. Xovembtr.|
December. 'January.
RainfaXl Averaget.linin-fall.
Daverain.
Koin-faU.
3-753-600.042-672-862-35
4-098-230-621-621-881-48
4-944-180-733-673-122-46
1-748-380-780-911-208-4S
6-308-690-456-424-772-96
5-832'992-613-72S-434-14
4-583-271-934-813-722-89
7-826-798-895-69200S-26
6-674-992-346-532-V51-78
4-124-481-191-1«1-743-14
Daytrain.
Rain.fall.
I>aysrain.
Itain-faU.
Daverain.
N'BTH Cabolina.188«»1888 (good)1887 (good)1888 fair)
2-494-967-»30-945-950-82
2-724-41601C-6»«-370-14
1-P«B-354010-.34
4-7-i0-74
1-885-243-613-374-271-89
1-104-172-520-292-532-77
0-454-248-492-183-073-32
0-382-328-891-051-621-36
1-07S-122091-121-081-27
1-173-302-260-452-852-59
1-042-97£-881-911-313-78
98
»a
310
l«83
1
a
P
58
S«
^^6
4
3114463h
4
6
8
^^9
894X
97
685
¥
1|«
3
«75
10
|«
57
?«
8
IS11
61176
1411412108
6
IH858
1-S68-454-884-353-995-80
0-853-414-762 863-485-43
0-568-807-102-623-484-43
0-014-804-653144-lSS-99
0-533139-592-7i4-235-08
1-694-767-392-368-41
woe
0-803-486-562-712-10
{ 916
0-594-805-721-382-7412-27
1012-025-712-502-884-83
0123-484-010-582-325-02
21
ll«10^
ll«
J«1?«
it
2 1-35
118
1?«
9«11
lOM
7H13H
511
38149612
7>i
if*
l«159613
e813
H^11
39l.«
1-436-804-062-883-448-53
1-085-728-013-544-27e-43
2-087-694-118-986-747-70
0-377-770-873-343-436-88
1-896-943-314-067-52
10-14
3-556-383-388-146-819-57
4-554-294-788-327-196-64
7-536-103-902-928-854-94
8-274-784-254-594-366-95
3-365-951-980-492-106-01
710
1885 fair)It84 bad)
Sooth Cabolina.18891888 (goody."'.::::1887 (good)1886(thir)1885 (fa'r)
3101110
li«
H
18»»ib8d).
Georgia.18891888 (good).1887 (good)1886(fair)1885 fair)1884 (bad)
Florida.1889
1«11
ir4
1888 (good)1887 (good)1880(falr)18S5(fa r)
188
1884 (bad)
Alabama.18891888 (good)1887 good)1886 far)
8
1886 fair) 1OT£1884 (bad) 15
Louisiana.1889 a1888 (good)1887 (good)1886 (fair) '^1885 (fair)1884 (bad)
Mississippi.188918«8(good)1887 good)lH8fi(talr)1885 (fair)1884 (bad)
la
61212
Arkansas.18891888 (good)1887 (good)1886 (?alr)1885 (fair1884 (bad)
Teknbsske.18891888 (good)1887 (good)1888 (fa r)
la129a13n13.
11128
18i-6(fair) 151884 (bad)
Texas.1889188<(good)1887 (good)
1»<
10
if4
18b5(falr)1884 (bad)
87
^p" The words "bad," "good" and "fair" following the years gi )m
above mean simply that the aggregate crop for the year named was badgood or fair.
The Hon. Primus W. Jones, member of the Georgia Legisla-
ture, and one of the most successful planters in that State,
died at Atlanta on Saturday, February 8, of pneumonia.
His father, " Cotton" John Jones, waa in his time the leading
cotton grower of Georgia. Mr. Primus W. Jones began his
career as a farmer on his father's plantation in Baker County,
and became famous as the producer of the first bale of newcotton almost every season since and including 1866. Heraised large crops of vegetables, &c. , in addition to cotton,
and at his death possessed a farm of about seventeen hundred
acres, almost all of which was under cultivation. His crop of
cotton the past season averaged thirty bales to the mule.
Mr. Jones was first elected to the House of Representatives in
1884 and was returned without opposition the two succeeding
terms. He introduced the bill establishing the experimental
farm and was its enthusiastic champion.
The Following are the Gross Receipts of Cotton at
New York, Boston, Philadelphia and Baltimore for the past
week, and since September 1, 1889.
"good,'' "fair" and ••mil" above meanr the year was bad, good, fair or fujl.
NIW TORK. Boston. Philadblph'a BALTIMOBB.Seeeipti
from— Thiiweek.
SinceSept.l. week.
SinceSept.l.
Thi»week.
Since
Sept. I.
TMtweek.
Sine*8cpt.l.
H. Orleans.
Tezaijarannab
.
Mobileflorida
So. Carol'a.
No.Carol'a.
rirglnla...
Sorthn ptB
renn., &0..
9 106
11.299
8.841
607
1,653
1,548
3,511
260
S8,71n
"S8,722
178.813
325.245
259,641
11,216
67,550
8,118
72,761
203
78,198
3,407
289
11,949
3,568
47.900
30,579
187,927
50,018
36
1,515
3,457
8.785
3,494
6,459
46,961
265
8,271
21
6,454
6,000
1.381
56.368
5r,26(>
roroign.... *•"
This year
Last year .
.
1,005.670
1,123,060
19.213
18,277
316,447
342,909
5,008
3,478
65.934
73,829
13.718
9,9S9
146,685
202,SSa
i
Febbvary 15, 1890.J THE CHRONICLE. 251
Weather Record foe January.—Below we give the rain
fall and thermometer record for the month of January andprevious months of this and last year and the two precedmgyears. The figures are from the records of the Signal Service
Bureau, except at points where they liave no station, and at
those points they are from records kept by our own agents.
TItermomtttt
ISU».
VIRGINIA.Kortolk.-HiKheat...Lowest.,..Arenige...
U-CAR'LA.Wiimin^Um-HlKhest. ..
Lowest. . ,
.
ATeruKe..WMmi.—EiKbest...Lowest....Arerafce...
OharloUt—Highest.
.
LowestAreroKe...
Wilson—Highest....LowestATerage...
Horganton —Highest...Ix>w«st....AveniKe...
.CAROL'/Okarlwton.—Highest...liowestAverage...
MtatehwK,—Highest....Lowest. . .
,
Average..AVimr-Hlghest....LowestAverage..
Cb^umbio—Highest.,..LowestAverage .
.
flBOROIA.Aumtta.—Highest...Lowest. , ,
.
Average..AtUmta.-Highest...LowestAverage..
.
Savannah.—Highest..LowestAverage...
OWumbiM.—Highest.
.
Lowest...Average..
M>me.—Highest.
.
Lowest...Average..
fartyth.—Highest..Lowest....Average..
rLOBIDA.JadmmviUe.Highest...Lowest..,.Averaxe...
Cedar Kew.-Highest...Lowest....Average...
Lalte Citu'-Blghest_.
.
Lowest
—
Average..
.
lituivUle—Highest...Lowest . .
.
Averaee,.JaUatuinMHighestLowest. .
Average..
81-040-067-J
83-037-081-0
81-0iU-O66-1
8^-084068-6
800S«-069-1
76-026053-3
80-043-0650
81-98I1-3
eO'4
84-5«»-6
78-840-806-8
79-J44-769-7
T7-03:1-0
5S-8
71*037-061-8
76-040-068-9
78-033-0
540
81-180-2
64-S
78-amo69-8
7704481-7
82-51
4^'B690
NovemWr.
1889.11888'
87-0S9-780-4
78-0S7-058-4
88-834-888-7
78-027-086-8
87-084-08«-3
18084060-7
83-988-66S-0
77-Caio618
84-088-060-9
80-024-068-B
78-0Sl-064-6
72-020047-0
87-742-9
660
79-0Sl-0600
84-Sj38-0eo-B
77-828064-8
79-8avo63-0
79-385-864-2
79-680-11
61-6
78-880-048-9
80032-064-2
74-02804U-1
es-o38-562-8
81-0S7-080-1.'
87-04206i'4
780
B2-1
78-(
S4-(61-0
98-0440'65-7
ALABAMAMontgomy.—Highest. .
.
Lowest....Average..
MobiU.-Hlghest..Lowest...Average..
M$lma—Highest..Lowest....Average...
Aulyum—Highest...LowestAverage...
IjODIS'NA .
It, OrUant.-Blghest..Lowest....Average..
.
Kunvmort.—Highest...LowestA veraae..
.
€fi OoUan-t. Highest....Lowest—Average...
Vbert/vam-Hlghest...Lowest. . .
.
Average..
MIB8I88-P1.tkiuminu.—Highest...Lowest ...
Average ..
90041)-0
eio
85-049-060-8
910s»-oU60
88-04M-069-4
8904.1067-0
8«-5Sn-f6d'9
8504S-066-0
88-0390«7-C
8-3-0
88062-8
41-686-0
79-840-556-8
82-340-063-6
80047-064-0
77-040-058-0
88-047-064-3
82-C41069-9
85-288000-H
90-060070-4
8608w'066-5
86040-067-4
96-032-0660
88-049-96?-6
82-6660700
»4-(
42-(
7U-;
87-56i072-6
86-047567-8
8t-0430
88-048-065-:!
84-041-062-6
80-C43-062'
64-767-9
87-4
4J'5684
85-081-367-.'
92-08S-0660
7«0s»-o
88-')
39-462-4
82-130-169-0
8504l-b65-6
80-0S5-C64-0
80-08-2-0
68-0
91-038-065-1
87-9400701
85-939-172-1
95-0S7-(71-6
sro44 -S
74-8
86-5,360
1
68-a
86-232063-5
87-:;34'466-4
80-031-061-7
80-032-U61-7
86041-868-1
91-237861';^
86-83«-.5
661
78-024065-4
80-023-566-1
79-024-066-0
72-023062-0
83029690
6902H-064-0
70-038-y5U-0
84-028-057-2
79-836'466-3
76-6aso63-6
78-03-<i-0
64-8
80-0Sl-063-U
1887.
78-729749-1
73-826-05l-9
73-026-0453
78-921-6ao-i
74-028-049-7
71-014-043-9
78-024068-(l
86-030063-9
79-084-064-3
85-023-062-9
850380676
79-02-(-;
6S-2
77-02M&l-e
77-080-056-(j
86-027-055-C
76024'U631
81-038068-
77-028-
61-6
80-029-061-6
77-02»-460-(
76'(
85-1
641
67081-0
630
S2-036066-9
7ro28-466-2
76-724-062-0
77-023063-61
I
76-7123-8!
53-2]
December.
30-S66'U
83-026062-1;
80-024-051-0
83-3
S8-569-6
81-042-861-8
9i-02906;i9
842390656
82-033058-1
81-529-7
54'tt
82-733-566'tl
78-0
810530
7802U'(I64-7
84-841-0591
81283-663-4
81-a.18-^
&9''l
87029064-t;
78-493-563 4
72 8l«-452-6,
73-3'
25-658-4
72-020-066-0
73-016-050-U
79-02-2-(
669
78'226460-9
77-1
26-s
88-024061
82932665-4
79025-5ttJ-0
79-021-466-2
79'820-2
&S-6
7:)-0
21083-,
75-('
18 ij
650
80134061-1
79-82rt-3
65-u
7802y-i.5«-0
67-(J
4»U
74-028-082'U
76-080-066-0
74-0
20-J49-0
76-027-064-'
74024-041-0
73-016-060-7
78-0S7-U600
74-826-866-7
73028-068-6
77-027-f)58-0
188^.11887.
66-220140-4
67-726-843-6
66-017-039-9
68-528-289-8
68-019042-a
68-010-035-8
67-627-947-1
67-226-U44-6
63-718-842-6
67-019048-1
64 -(
14-0
401
avi16-s42-1
64-015-048-3
60-C12-187-1
78-429-161-1
66-9avo45-3
24-0 8<'046-3 49-8
78-02606-
72-029057 -u
77-03ii069-7
71-0
2i-066-0
70-0
24-U66-0
82-032-U61-3
69-5'
21-61
46-9i
80-03i-(.
62-u
7704l-t6J-&
83-08i-U61-6
78-04863-8
77-633-1
69-;
79029-069 2
77-0S2-U610
77-032-(,
67-t
74-02967-8
80-039-064-3
78-0310631
7»'
33-660-0
82-080-0620
69-223-042-7]
63-02u-941-2
69-12).047-u
58-023-0
42-u
64-023-041-1>
73-0
24049'.
57083-846-3
January.
1890. 1869.
80-028-0560
* Flcores for 1888 and 1887 ara tot Archer.
73-627-861-3
70-3ai-»63-6
82-023066-1
73-38^086-7
74-025-052*0
69-024-246-0
72-725-049-0
64-024-u45-5
66-020-u46-1
72-33U-761-2
74-121-648-6
7 IS29-8
53'b
77-0'
19-u49-1.
72084-147-5
64-916-342-3
70-n28060-8'
88-(25-1
45-0
62-(
17-C42-0
74-fi
76-085-061-0
80087-067-0
76-022-049'6
7T026-060-8
72019-046-2
78-086-0690
77-888-664-5
76-028-065-4
78027-056-0
87-024-u42'8
69-288-647-6
68017-042-5
70-022-041-4
68080-041-8
60-0lliO87-8
7f029060-0
64-886'U46-7
70-n26047-4
63-526'643-1
76-331-065-6
72 83j867
8'2-C
28-t69 3
81-040-263-2
12029(61-1
67-b'8Z-047-8
69-325-4
6U-»
63-0
:t4'046-4
68-o'19-046-3,
77-02X'468-9
70-020-045'4|
80-(
29-i56-0
76-027061-0
78032069-
720S5-U66-0
72-0
27061-0
80-030-065-9
8004063-1
77-043(166-0
89-0.S7-U
82-04v066-0
79-083-360-»
70-424-245-1
66-018-1,
42-3
69-428-6600
61-025-049-u
610839430
78-02o-049-2
73-416'238-
1
75-120046-S
72813037-7
72-817-2
420
720170416
86-014-043-6
78-026-061
73021-646-0
73-02^-048-1
75-221-347-1
Iksrmometer
77-822-H48-6
71-014-8
45-U
76-027-262-3
65-018-044
72-0no43-U
78020-u6U-4
56-012-0
4U-U
29-261-8
67-030-049-0
62-0100400
78-029-06; -3
ITO33062-0
75028-061-0
76-0
66-v
823-.-0
66-1
7S-52«-u60-U
81-0»t-0639
81-025-.
67-6
53-
71-031'
53-8
70-331-86J-6
76-C28-05j-3
790!i50600
74-02-5-5
52-2
VickUraro—Highest...Lowest ...
Ararage...Sroouatwn-Hlgbest...Lowest
—
Averaxa...
Highest....Lowest
—
Average...Ltlandr-Highest....Lowest. . .
.
Average...CtarkhAaU—Highest....Lowest—Average...
ARKANS'StMUlRock.-Ulgbest. ..
Lowest....Average...
Bettna—UIgnest...Lowest ...
Average.,fort amiih-Uighest..Lowest...Arerage..
rSNNBS'BYaslUiMe.-HUrhest.Lowest...Average..
•rsmpAiS.—Highest..,liowest....Average...
Athwooa,—Highest...Lowest...Average,,
AtMttn,—Highest.Lowest...Average..
TEXAS.9altM«ton.—Highest...Lowest. ,
,
Average,.PaluUnt.—Highest...LowestAveraae.,
.
Wart Ettiot-Hlghest...Lowest
—
Average...Atut4n—Highest...
.
Lowest ..
Average...
85-844-062-0
83-048-063-0
78-045-061-0
»8'039-062-2
77-084-065'6
1889.
8S-089-066-0
sro89-063-0
8403-1-0
61-0
92-032062-8
78-0
85057-2
82-081-060-8
82-085060-6
87-081-458-6
8S-«
64-0
8»-0 830«8-0: 40-060-8, 670
88-637-057-1
80-040-069-2
84-634060-2
80-786-063-9
8O0;30-0,48-4'
88-060-8
780SS-058-6
86-0
M-6
85-0540721
80-038-063-5
94-035068-4
89-04-J-O685
85-05.3-8
77-2
90-238-763-4
8r731-^54-0
87-068-069-1
1887,
8»)-0
«3-6626
86-080-0
609
81-037-060-0
88-02H-U60-4
85027066-6
89-S83161-4
86-030-0020
00-C82060-9
85-726-857-3
88-032-6600
83-028057-9
86-028-064-0
84-847-669-4
87-338-763-9
89-326-36S-0
90041-068-8
NovemJi^r.
1889.11888.
86-030054-3
78-029-062-0
81-02»-U50-2
78-0
24946'9
78-026-(l
4i-0
72-021-048-0
76-021-0440
74-0ss-0480
770S4-U48-4
72-025047-4
70-028-04»-7
77-0.•)9-0
69-8
77-028-061-1
81-017-086-3
79083-563-4
81-838-363-9
^7-035-066'U
7808767-0
82-029-063-3'
74-026-0'
4S'8
8I-S32-048-3
7603S-U61-6
79-028'U47-0
78-886-048-0
78-C81-049-0
7ro26-040-8
78-039-082-4
81-642-360-6
87-13-1-0
63-2
81-888-24U-7
84-635-066-6
81-087067
76-080-t6S'0
78-026049-0
81-022063-9
74-021-11
4«-6
77-00-4
Sl-8
7S-028-061-0
79-117-060-1
74-810-648-4
76-817-8
61-D
78-013-049-0
76-014-0
47J
79-08t-0688
760ao-061-0
83-02V057-7
78026086-6
7*088-009-1
77-0S-i'O69-0
79-086-054-6
76-437-^
640
79-82U-360-5
79-3—6-446-1
7903V5&6'4
7S-083-064-0
7602<J-060-0
78026-069-0
78-0sa-o60-5
75-047-066-4
80031-064-3
82-0ll-O61-8
800U5-B65-4
1888. 1887.
70-884-847-6
S8-088-04ro
«5'082-U42-0
HO-081-049-6
62-019-0
il-8
68-723-U42-6
66-081-046-6
67681-541-6
6S-817-0
38*
66023-0
42-U
68-019-037-6
69-014-062-4
71-040-0666
78-020-349'8
78-0I9'<
8r4
78-1
34-1
84-t
78-081-646-8
78-086-047-0
65-088-0420
71-019-042-9
70-0
14-V440
65-018-6
41-u
6-i-O16-0
48-U
71-580
38-4
January.
1800. :889.ll88e-
69-06-8
38-0|
63-014-640-0
eon)ICO
39-6
60-080
88-7
74029-263-8|
78-810-646-6
01-91-3-638-7
76-022-0481
88i>88-039-2
76-028-06tfO
74-088-048-1
75-021-060-0
7802306ru
80-014-040-8
78020048
7902S051-0
71-0250408
76-081-061-0
70.0»6-(
47-4
68-081-0480
68-099-0460
77-024046-6
62-088-041-0
60-020-641-7
64-0
84|ptn08-01808««
00-820-8!88'8|
65-0•^1-8
41-6
68-031040-8
61028-04U-5
T7«17-8
46V
74-082-047-0
74-0tO-047-0
74-016-041-1
7809-0
80-0
75H)7-0
88-7
74-08-0
88-0
71-01-3
34-9
74-035-068-6
7»-022-065-5
83-013-0
4U-6
79-53S-066-0
99-B32-868-4
70-S81-647-1
60-814-781-0
75-026-549 9
T8-*8-0
86-0
74-56-8
88-8
70-012-088-0
TSV9-0
38-1
08-S2SV49-8
77-73-7
48-4
TTl14-829-0
78-0
45-S
JMi^alt.
CO'727-857-2
77'089 35«-3
85-02260-3
80-531-0
625
23056-5
76-017-5
611
70-026-047-4
69-0 72-73I-I) 23-049-8 62-4
63029-045-01
75-034-051-5!
69-225-447-4
69-53iS59-6
78-02.1-0
4a-0
80-02,1-0
lu-O
70-020-0
4o-0
70-017047-2
79-6K8 8556
75-5ISO44-5
-5-2
26161'6
74083049-5
68010 U4U-0
VIOaiNIA.Sror/oHt —BalnfalMnDan rain..
I». CAB'NA.irumtngrn.-Ralafall.iaDarsralD..
WttamRalnfall.inDan rala
OharlotU—Ralnfall.inOaysraia,,
ITflMn—BalDfall.inDays rain..
Uirrganton.—Ralnfall.inOars rain..
8. CAROL'
A
C/iarteston—Ralnfall.inDays rain..
86at«6uni—Ralnfall.inDays ruin..
Aiken.—Ralnfall.inDays rain..
OMumbia.—Ralnfall.inDays rain..
asORQIA.Augusta.—Bainfali.inDays rain,.
Atlanta.—Ralnfall.inDays rain..
Sivannah.-RalDfail.laDays rain,.'
Oolunbut.—Ralnfall.loDays rain,,
Ryrnt.—Ralnfall.loDays rain,,
Ftrtith,—Ralnfall.inDays rain..
FLORIDA..JaetaonvUle-Rainfall.inDays rain..
Oedar Stf.-Ralnf<Jl,lnDays ratn..
Lalte can*—RatnlalMr.Days rain,.
TUutvOte-Uainfail.lDDays rain,.
Jatlahattm—Halnfall.l<Days rain .
1889.
7-3613
3-877
3-3910
1-53
4
0-256
0-73
3
3-81
4
1-69
8
2U16
O-Sl3
3-078
1-361
1-61
3
1-251
2-064
0-761
3-94
10
5-6513
3-31
8
5-8711
S-436
4-8314
3-0510
6-498
10
6-3711
8-9912
6-81
9
8-198
2-10
9
4-66
10
6-00lU
2-438
6-226
3-758
8-806 I
1887
6-38
16
6-43
10
9-9713
8-01
14
6-7811
8-009
S-6512
8-1811
7-89
8
7-4311
8-289
4-138
3-704
2067
4-827
1-6718
0-4311
1-198
12-1710
8-7014
November.
1889.
85511
8-7212
4-4410
4-10
4
8-937
2-SS6
3-576
2-737
5-1713
8-589
9-94
6
6-389
0-513
1-58
7
8-306
o-«6
8-877
1888.
3-7111
S'6014
3-66
2-667
4-506
7-619
1-76
10
2-1510
3-287
8-84
4-7010
3-7413
6-608
4-lA19
6.4812
roilU
8-6818
0-10
1-04
7
0-61
3
0-686
619
0»J6
0-803
0-554
0-804
0-39
6
1-78
3
0-303
1-01
4
0-10
7
1-08
6
0-9811
1-464
• Figures (or 1883 and 1887 are for Arolier.
December. January.
1889 1888. 1887 1890 181:9.1888.
0^77 8-22
84-0413
1-1!
101 4-8(
9) 4-48U
0-161
3-93li
4-4118
1-56
10e-8i10
S-8I17
0-808
3-436
4-2011
1-026
4-6710
3-8810
0-486
3-079
4-91
130-917
6-1612
4-3S14
0-861
2-364
3-999
5-568
3-9010
4-508
6-877
6-879
8-146
8-8610
6-00
0-031
3-1210
7-9110
1-38
86-46
151-959
0-751
8-989
3-31
110-908
4-91
118-1411
1-07
14-469
4-7<
81-035
8-7910
8-9610
0-753
3-078
3-7311
1-07
116-1811
8-809
0-568
4-088
4-6111
0-8010
0-9210
4-8610
0-604
6-487
6-7913
8-9511
0-3915
3'8»15
0-00 8-87 T9V10
0-4410
6-3014
3-088
0201
3-688
12W13
8-804
11-6918
3-3410
1-308
8-207
4-809
8-605
6-038 r
0-77
84-687
r8611
8-878
8-8611
»8414
0-00 8-8811
8-70 0-639
6-9818
0-4913
0-00 8-87lU
3-0112
0-0
1
1
3-8711
o-r7
0.00 4-49
76-0512
o-os1
9-6114
0-8T10
0-083
9-0811
1-91
130-318
10-6814 v*
0-00It
4-IBA
8-367
0-788 9
1-60
252 THE CHRONICLE. [Vol. L.
BainfaU.
AI^BAMA.monttom'y.—Batorall.lnDays ratn.,
JfoMIe.'Bslnfall.tnDays rain..
tUma—Ralnfall.lnDays rain..
Avbum—Ualnfall.lDDays rain,.
LOUIS'ANAV»w Orleans-BatnfaJl.iDDays niD..
Shmmort.—Balnfall.lnDays rain.,
tfrd. Coteau"Rainfall.liiDays ralD..
IMtnySm-R»(nfall.lnDays rain..
MISSIS'PI.Columbus.—Baintall.lDDays rain.
FfeMAuni.—BalnfalljnDays rain..
Brookhaven-Halnfall.lDDays ratn.
OrunvUle—BainlulLInDays rain..
iiSland—Balnfall.lnDays rain..
Oarkadale—BalnfaIMnDaza-ralo.
ABK'NSAS.LUtU Rock.-Rainfall.lnDays ralD,.
fieleno—Balnfall.lnDays rain..
Jbrt Smi »i-Ralnfall.tnDays ram .
TBNNBS'E.NtuhviUe.—Kainfall.lnDays rain,.
Mtmphis.—Balntall.inDays rain..
AMhwood—Balnfall.lnDays rain.,
^iwtin—Balnfall.lnDays rain.,
TEXAS.fkUveston,-Balnfail.inDays rain..
Paiistine—Balnfall.lnDays rain..
rort EUiot-Balnfall.li.Days rain..
^lUtiTl—Balnfall.lnDays rain..
Ottober.
use. 1888.I188T.
1-01
4
0-084
1-812
1-62
2
1-062
o-<e1
0-762
0-163
0-00
0-401
0-481
0-BO1
1-903
0-532
0-70S
1-S4e
0-753
4
1-21
2
2-99
0-982
6-39
2-4811
4-41
«
4'3«
9
2-738
8-826
8-06B
2-9410
2-97
8
8-00
4
1-5110
1.538
1-784
2-8912
3-4012
2-82It
8-51
10
3-40V
3-46, 9
5-879
0-853
4-453
ttovembtr.
1880. 1888. 1887.
2-4710
8-408
2-487
2-74
e
4-71
8-05B
2-704
2-34
«-9910
5-607
8-765
3-64
4
8-S38
0-976
1-83S
3-474
2-24
4
2'8I8
2-07B
4-3710
3-20
5
0-69
4
3-64
4
6-1711
6-789
6-OJ
6-26lu
2-188
9-1011
2-857
7-188
4-268
4-S911
2-904
5-627
5-5510
10-2014
5-8412
5-93IJ
6-8S16
15
Dtttmber.
1880. 1888. 1887
2-46
7
3-977
4-966
1-5010
3-4811
2368
4-647
2-566
2-1911
1-60
8
8-898
4-19
9
6-307
8-8210
6-01U5-54IL
4-3315
6-53
11
8-8511
6-Ofl
10
r7314
3039
5-397
6-739
7-979
5-9?
14
0-744
0-71-
4
4-627
6-61
V
0-W7
0-446
0-49
8
0-525
B'457
0-903
1-438
0-604
0-683
2-053
2-053
4-506
3-445
8
2-297
4-066
1-51
1-50
2
0-052
1-8(1
4
0-232
l-7c
9
0-494
0-582
•4"
0-6S4
0-872
0-644
3-754
1-71
8
0-801
0-991
1-702
0-351
0181
0144
0-195
1-435
1178
C-468
1-184
2-138
2'8S10
4-566
2-04
3.6811
4-087
6-376
8-2517
r2i16
9-0511
13-8411
7-5615
6-7218
7-8013
7-48lu
1890. 1880.11888
January.
2-58 6-7016 14
0-60 5-07
B 18
2-90 9-905 11
7-072)
0-S
4
0-01
3-20B
3-40e
4-71
7
4-174
4'4S7
4-7B«
4-3110
3-4111
1-355
1-577
30010
0-844
4-89
7-1010
B'8312
B-U9
4-339
71415
5-80IB
4-22IS
E-3117
5-96
3-78
8
10-2017
008i
2137
1-78
B
S-647
0-867
B-IB13
2-537
6-868
3-«811
5-Sl11
8-203
6-C65
8-4813
10-1312
8-1017
8-4316
2-8610
5-7614
2-385
2-4410
5-6212
9-4811
6-51
15
4-0213
5-7010
5-0812
6-22
14
4-40
4-356
4-03
4
7-3010
5-«e10
5-33
IB
3-8313
6-2811
5-3010
4-62
11
7-81
15
1-63
4
8-OS14
4-12IS
8-8018
2-819
8-188
3-«911
8-7BIB
2-7018
3-787
3-2617
3-50
7
6-117
5-71
7
4-417
4-9
1
11
5-83
10
1-237
e-29IB
4-04
10
3-8212
2-859
2-7014
4-5017
osa3
-f- Inapprejlable.
EuaoPKAN Cotton Consumption for February.—We havareceived to-day, by cable, Mr. Ellison's cotton figures broughtdown to February 1. The revisfd totals for last yfar havealso been received and we give them for comparison. Spinnera'takings in actual bales aud pounds have been as follows:
October 1 Co February 1. Oreat Britain. Continent. Total.
For 1889-90.TkUngg by spinners. ..bales
Average weight of balee.lbs
Takings in pounds
1,276,000
477608,632.000
1,329,000
465617,985,000
2,605.000470-9
1,226.637.000
For 1888-89.Takings by spinners .. .bsl»s
Average weight of bales .lbs
Takinjrs In ti«"infiq
1,216,000
461.>60,S3S,o
1,317.0CO
460605,728.000
2,333,000
4601a1.166,.566,0O0
According to the above, the average weight of the deliva iesin Oreat Britain is 477 pounds per bale this season, a!<ain8t461 pounds during ihw same time last season. The Ooatinentaldeliveries average 465 pounds, against 460 pounds last year
,
and for the whole of Earope the deliveries averane 470-9pounde, against 460^ pounds. Our dispatch also gives the fuilmovement for this vear and last year in bales of 400 pounds.
Get. 1 to Feb. 1,
Btile$ of 400 Ibt. each.
000( omitted.
Spioners' etook Got. 1.
Takings to Feb. 1...
BnpplyOonsumptl'a 17 weeks
Spinners' stock Feb, 1
Wtekljf Oonrumption,00* omitted.
In October,
In NovemberIn DecemberIn January
1889-90,
Qreal
Britain nent.
55
1,521,
1.576.
1,293,
283,
*76,0
77,0
77,0
77,0
Oontv-
181.
1.544,
l.7-.i5,
1,364.
361.
8^080.0
80,0
81,0
Total.
236,
3.063.
-3.301
2,657.
1888-89.
644.
156.01.^7,0
157,01 58.0
Great
Britaiv
52.
1,402,
1,454.
1,238,
216,
•75.0
75,0
75,0
77.0
Oonti-
167.
1,514.
1,681.
l,30J.
377.
76,0
76,0
76,0
79,0
Total
The foregoing shows that the weekly consumption is now168,000 bales of 400 pounds each, against 156,000 bales of like
weights at the corresponding time last year. The total
spinners' s'ocks in Oreat Britain and on the Continent haveiocreased 273,000 bales during the month and are now 51,000bales in excess of the eame date last season.
Shipping Nevts.—The exports of cotton from the UnitedStates the past week, as per latest mail returns, have reached113,478 bales.
Total balei.
Nbw York—To Liverpool, per steamers Aurania, 2,423
—
City of Berlin, 2.43rt. ...Germanic, 2,373. ...Nevada, 1,343....St. Oswald, 1,562... p^r bark Mirella, 912 11,049
To Hull, per steamir Buffalo, 2.858 2.858ToLeith, per steamers Cranp. 498.... Critic, 1,228 1.726To Newcastle, per steamer Kolplno, 700 700To Havr>-, per steamer !.» Nornianrile, 1,439 1,439To Bremen, per stcamiTS Fulda, .'i03 ...L4lm,200 703To Hambur)^, per steamers Gellert. 797 Seandia, 1,067.. 1,864To Rotterdam, per steamer Hungarian. 13^ 138To Aiitwerp. per steamer Nooniiand, 1,324 1,324To C<)penlia}i;«n. per stsamer Tbiugvalla, 3... 3To Genoa, per steamer luiztativa, 619 649
New Oblkans—To Liverpool, per steamers Actor, 3,202
—
Bombard Hall, 4.9"2... Carollba, 4,134....Cuban, 1,990Gaditano, 5,600 Guldo, 5,916 Niceto, 5,700
Palentino, 5,700 37,224To Bremen, per steamers Erl King. 3,973 ..European, 5,833 9,806To Hamburg, per steamers Topaze, 2,954.. ..Whitby. 1,878. 4.832To Genoa, per steamer Kate, 4.271 4,271
Galveston—To Liverpool, per vteamer Fairfield, 5,003 5,003To Veracruz, per steamer Whitney, 2-20 220
Savannah-To Barcelona, i>er brig Alfredo, 1,050 1,050CHARLK8TON—To Bremen, per steamer Thorn Holme, 4,607 .... 4,607
To Gottenburg. per bark NadU. 1,500 1,500Wilmington—To Ghent, per steamer Merjulio, 4,050 4,050Norfolk-To Liverpool, per steamer JSorlolk, 5,3ti8 per bark
BlanehB, 2,299 7,667Boston-To Liverpool, per steamers Bavarian. 1,929—Istrian,
2,078... .Lake Winnipeg, 7o8....PaTonia, 1,752. ...Scy-thia, 493 7,040
To Yarmouth, per steamer Domlnbrn, 54 54Baltimore—Po Liverpool, per steamer Rossmore, 1,294 1,294
To Bremen, per steamer America, 869 869To Antwerp, per steamer Ktuiidom, 650 650
Philadelphia—To Liverpool, per steamer Lord Gough, 888 888
Total 113,478
The particulars of these shipments, arranged in our usualform, are as follows:
Ant- TeraBull, Bremen werp, Barce- Cms dLeith, <« Ham- Ghent, lo'ta d Tar-
<tc Havre, burg. <ec. Genoa, mouth.5,234 1,439 2,567 1,465 6»9
14,638 4,271
219,
2,916,
.•?,135.
2 542,
593,
151,0151.11
151,0
156.0
Uver-vool.
New York. 11,049N, Orleans. 37,224Galveston.. 5,003SavannahCharlestonWilmingt'nNorfolk....Boston ....Baltimore
.
Philadelp'a
4,607
7,6677.0101,2«4M88
1.5004,050
1,050220
869 65054
Total.22,45356,1335,2231,0506,1074,0507,6677,0942,813838
* Average a» given by Mr, £lllaon. Sedaotlon from month'd total.
Total.... 70,165 5,231 1,439 22,681 7.665 5,970 274 113,478
Below we add the clearances this week of vessels carryingcotton from United States ports, bringing our data down tothe latest dates:
New Orleans—T<i Liverpool—Feb. 8—Steamer Counsnller. 3,767Feb, 10-Sleamer Costa Rlean, 3,719. ...Feb. 12—Steau.er Dl»-coverer, 3.871.
To Havre—Feb. 8—Steamer Eydal Hall, 7,329.To Aiitwerp-Feb. 12 -hteamer Marion, HOC.To Barcelona—Feb. 7— Steamjr Migurl II. Pinilloo, 1,400.
Savannah—10 Liverpool— Feb. 8-Seamer Bencroy, 7.510.To Bremen—Feb. 12— Steamer Athburce. 6.29a.To Barcelona- Feb. 11—Steamer Carlton. 5,775.
Norfolk -To Liverpnol-Feb 10—Steamer Aldeiley, 8,375—Feb. 13—Steam^-r Claymore, 6,412.
West Point—To Liverpool—Feb. 13—Steamer Sleilia, 5,983.SKWi'or.T News-To Liverpool -Feb. 4-Steamer Stanmore, 661
Feb. 1 1—Steamer Prlnuipia, 369.BOSTON-To Liveruool—Feb. 4-8teamer Kansa'?, 1,168 Feb. 5—
Steamer Bulgarian, 2.283 Feb. 7—Steamer Samaria, 691Feb. 10 -Steamer Iowa, 1.221.
To Yarmouth-Feb 11—Sieamer Dominion, 50.Baltimore—Tf> Liverpool—Feb. 5—Steamer Circassian, 3,521
Feb. 11—Steamer Qa eni-more, .
To Havre—F.b. 10—steamer Caiuilet. .
To Hamburg—JaiL 31—Steamer Maltha, Feb. 7—SteamerCalifornia. . .. „.
To Ro terdam—Feb. 4—Steamer Urbiuo, 1,049. ...Feb. 11—SteamerSpecialist, .
To Antwerp-F. b. 7—Steamer Glensoil, -^ .
To CUrlBtiaoa-Feb. 8—Steaoer Alert, .
PHiLAUELrHiA—To Liverpool-Feb. 8—Sieamer British Prince, 973.
Cotton freights the past week have been as follows:
Batur. Mon.
32 17.32
Liverpool, steam d.
Do late dellv'y-rf.
Havre, steam e.
Do sail c.
Bremen, steam . e. »]8 "ig ^is "te
Do indirect.c.
Bamburg, steam.c. I'sj 17«a 17
Do via indirect.c.
Amst'd'm,8team.e. 70* 70* 70*
Do Indirect.. (*.
Keval, steam ....d.l»64-*l64 "84-2164 '^si^'^ie I9fl4 ai*i«
Do sail d. .... .... ' .. —
•
Baroelona,steam d. i^ig 'le '16 '16
Genoa, steam .. .d. ^w ^in "to "!«
Ctleate, steam. ..d. 6,e®2ie4 &ig82i84 'ifi^^'M 5ie®2'e4 °I8**'»4^ntweri>. utAfttn rf. ' t-.n ' 7.o ll..^^7-o ia,..|Vf7oo la. ^-g-T.
Tutt. Wednet. Thur:
70-
IH.
H
17-
70*
l»64®'is »»e4«'l«
"18
*18»*'«4
* jrei- xuu iutt.
February 15, 1880.] THE CHRONICLR 253
Below we give all news received to date of disasters to
vessels carrying cotton from United States ports, &c.
KswNHAM, gtramer (Br ), from Savannah for Bremen, before reported
strwndcd Ht Nleuwe Dieppe, ba« broSfn apait. It will be impos-slblti toBHlve ilioo<ittoii prewsed In lierholif.
, , ,
Thalia, stenmer (Br (—Two tliuueand bales of cotton liare been landedfrom ihe wreck of Bteainw Thalia, which grounded near Revalwhile bound from Savaonuh for Reval.
Liverpool.—By cable from Liverpool we have the following
statement of the weelt's sales, stocks, &c., at that port.
Sales of the week balesOf which exporters took
—
Of which speculators took...Bales AmericanActual export ..•ForwardedTotal stock—EstimatedOf which Amertean-Estlm'd
Total Import of the week"Ot which AmericanAmount atloatOf which American
Jan. 24. Jan. 31. Feb. 7. Feb. 14.
76,0007,000
14,000S8,00010,00072,000
970,000754,00077,00057,000
247,000229,000
59,0002.0009,000
42,0007,000
84,00099'.!.000
787,000113,000103,000200,000183.000
34,0002,0001.000
28,0008,000
71.000,00(>,000799,00093,00075,000
18-f.OOO163.000
37,0002,0002.000
31,0009,000
70,0001,014,000808,00086,00073,000
193,000168.000
The tone of the Liverpool market for spots and futures eachday of the week ending Feb. 14, and the daily closing prices
of spot cotton, have been as follows:
Spot. Saturday Monday. Tueiday. Wednes. nurtd'y. Friday.
Market, )
1:45 P. M.|
Mld.Upl'dB.
BalesSpec. & exp.
Barelysupported
6
5,000500
Dull.
6
7,000500
PmallInquiry.
61i6
5,000500
Barelysupported
61i«
7,000500
Easier.
61i«
7,000500
HardenVtendency.
6ti«
6,000500
Futuret.
Market,1:45 p. H.
Market, }
4 p.m.\
Crreffularat 3-ii4
adraoce.
Qolel.
Steady.
Verysteady.
Firm at3.04 ad-TSDOe.
Firm.
Steady al
partially1-04 dec.
Verysteady.
Sasyat1-04 de-clme.
atronir.
Barelysteady at1-61 ady.
Qnlet.
The opening, highest, lowest and closing prices of futures atLiverpool for each day are >?lven below. Prices aro on thebasis of Uplands, Low Middling clause, unless otherwise stated
.
?* Tin priea are given In penet and 64Mi ihim3-64r(.. and 6 01 meant 6 l-64d.
5 63 meant
February...
Veb.-MurchMob.-April.
April-May..
May-June..Jane-July.
.
Jnly-AuK ..
AngustAuK.-Sept.
.
8at„ Feb. S.
Open Htgk Low. OIm
d.
6 68
5 63
6006 02
eoteoe'107
6 07
604
(I.
B625(26 CO
6 03
6 0S
6 06
6 07
8 07
6 03
d.
S63691600eoi6 0i
6066 07
6 07
6 01
d.
S625636006 03
6 05
6066076 07
6 05
Mon., Feb. 10.
Open High Lov>. Otoe
d.
5605 00
5e26006 0)
6 04
a 05
6 03
6 02
d.
5615 61
5636 01
6 03
6 05
6 06
8 08
6 03
d.
5 60
6 60
9 82
6 00
6 03
6 01
6 03
8 05
6 02
±5 61
5615836 01
6 03
6 05
6066 08
6 03
Tuea., Feb. 11.
Op«n Eigti Low. Olo$
d.
5 63
5636026046066086 09
609
d.
5636 63
6 09
6 03
6 07
6086096(9
d.
6 63
5 83
6 02
6 01
6066 03
6 09
6 09
606
d.
5635 63
6 02
6 0S
6 07
8 08
6 00
8096 07
Wednea. Feb.l'.2. Thars., Feb. 13. PrI., Feb. 14.
Open Bieh Low. Clot. Open
d.
Biih Low. Clot. Opm
d.
HiQh Low. dot.
d. d. d. d. d. d. d. d. d. d.
February... 5 62 563 6 62 6 63 6 00 603 6(0 6 03 8 03 601 6 03 6 08
Feb.-March 662 6 6! 6 62 583 600 6 02 600 6 02 6 03 6 01 6 03 6 0.)
Mch.-April. 600 6 02 6 00 8 02 6 02 8 03 602 603j
6 05 6 01 6 05 8 03
April-May.. 6 0316 01 6 03 6 01 8 05 8 0? 6 05 6 07 6 07 6 08 8 07 6 07
May-June.. 6 05 8 07 8 05 6 07 6 07 6 09 6 07 6 09 609 610 6 09 6 09
June-July 6 07 eos 807 6 08 6 08 6 10 6 08 610 8 10 611 6 10 6 10
July-Aufc .. 606 6 09 608 609 6 09 6 11 609 611 611 612 611 «11Ancust. ... 608 6 Of 608 6C9 6 09 611 6 09 611 612 612 6 11 6 12
Ang.-Sept.. 03 6 07 606 6 07 8 07 6 09 6 09 6 09 6 09 6 10 6 09 6 00
BREAD.STUFFS.Fbidat. p. M., February 14, 1890.
Flour has been generally dull and at times more or less de-
pressed, especially of late, partly owing to the decline in
wheat. The stock is large and neither exporters nor homebuyers have manifested much anxiety to purchase. Todcythe market was quiet and generally to a great extent nominal.
Some of the tracsactiona in the lower grades were at a slight
decline.
Wheat has been declining, notwithstanding an unexpect-
edly large decrease in the visible supply last Monday, firmer
foreign markets, a better export trade, some repoits of dam-age to winter wheat and bad roads and wet weather at the
West. Ob Wednesday there was heavy selling, owing to the
failure of a l«rge warehouse firm, but exporters took 200,000
bushels of cash wheat here at the decline which followed.
The slowness of the speculation has caused considerable" long" selling of options, while the decline has been in a
Hon. Titer. Wed. ThMri. m.85»8 851a 85 84% 86 "4
86 85 'g 86 »8 85 85Hf6?« 86»8 ib-'i 85i« WH85^ 89i>e 85 84% 863»84319 84% 84 8398 84H87 87 86*4 86 86i)|
measure accelerated by "bear" operations. The export
business has been spasmodic, the cable advices
latterly being rather less encouraging. The hometrade has been moderate. The crop advices within a
day or two have been favorable both from the winter-wheat
belt and from California. To-day there was an advance, ow-
ing largely to an official statement that the Russian crop is
short 11^,000,000 bushels, while the preliminary estimatemade some months ago calculated the shortage at 91,000,000
bushels. Firmer foreign markets, less pressure to sell options,
clearances from the Atlantic ports yesterday of 210,674 bush-
els and a belter demand, both for long and short account, also
contributed to the advance.
DAILT OLOSOIO PKIOBB OF HO. 3 mK> WlMl'BK WHIIT.
Bat.March delivery c. 85''8
April delivery o. 86%May delivery o. 86%June delivery o. 86%July delivery o. 84»gDecember delivery o. 87^4
C!orn has sold freely at lower prices, with a large crop move-ment and apprehensions of still larger receipts before \oxx^,
owing to recent reductions in the railroad freight rates in
Kansas and Nebraska. The present price here, it is said, payrf
the Kansas farmer only about 7 cents per bushel, allowingfor fi eight and other expenses. Prices nere are 7 to 8 cents
lower than a year ago. There has been considerable selling
for both long and short accoimt by New York andChicago, and the export trade has latterly been liberal. To-day the market was active at a decline, due to a large move-ment at the West, the receipts at St. Louis being 2a2,000
bushels, while here the arrivals were 220,800 bushefi. Therewas a good export demand for cash corn, foreign houses tak-
ing 240,000 bOshels.
DAlLT OLOSUfO FBI0B8 OF MO. 2 IBXXD OORM.
March delivery o
.
April delivery 0.
May delivery 0.
June delivery o.
July delivery c.
Oats have been declining, partly in sympathy with the de-
pression in corn. There have been large sales and some ex-
citement at times, the option sales on Wednesday reaching
1,115,000 bushels, including 750,000 bushels for May, the
selling it was understood being principally for Western ao-
couDt. There has been a fair business on the spot, partly for
Today the market was fairly active, with mixedwhile white was firm, not being eo plentiful as
Sat. ifon. Tutl. Wed. Thwrt. m.seTg 36% 36 35-'a 35% 3bH37% 37k 37 36% 36>B 36%3808 38 37% 37 "9 37 «4 87i«33!>g 38 37%
38>a371a38>4
37i«38
37 •«
39>4 38% 38H
export,lower,mixed.
DAILT OI/MXHO PBIOES OF HO. 2 MIXIID OATSSat. Hon. Tuet. Wed. Thurt. FH.
March deUvery c. 28'4 28i« 28 27''g 27i« 27»»April deUvery 0- 28 2779 27% 27% 2714 27><
MaydeUvery 0. 27% 27'a 2714 27 28I3 26%
The following are closing quotations for wheat flour in
barrels. (Corresponding grades in sacks sell slightly belowthese figures):
PIX)UR.
City shipping, attras. 4 303 4 40Pine * bbl. $1 S5»$2 15Superllne 2 20a 2 50Ej;ira.No.2 2 50« 2 90Extra, No. 1 3 10a 3 70Patent, spring 4 509 4 8^Patent, winter 4 453 4 75' Buckwheat Flour per 100 lbs., $1 30*$1 45.
Uye hour, superllne.. 2 75 » 2 90Fine 260*270
Corn meal-Western, &o , 2 40»2 50Brandywlne. ....... 2 559 ....
GRAIN.
Ky«— 0.
Western..!? btu 55 •»
State and Jersey .
.
54 9OatR-Mlxed 27%*White 29 •No. 2 mixed 27ia»No. 2 white 28''8»
Barley
—
2-rowed State 50 94-rowed Slate 53 •Canada 68 »
e.5658303428%29^8
Vnieat— 0. 0.
Surine, per bush... 80 » 94Spring No. 2 86 ® 89Ked wlnterNo. 2 .. 83^9 86^Red winter 74 « 90White 83 » 89
Corn- West'n mixed. 29 » 36West'n mixed N0.2. 35i«a 3614Western i-ellow 37 » 38Western white 34 « 3-i
Buckwheat 32 « 40
The movement of breadstuffs to market is indicated in
statement below, prepared by us from the fig^ures of the NewYork Produce Exchange. We first give the receipts at West-ern lake and river ports, arranged so as to present the com-parative movement for the week ending Feb. 8, 1890, andsince A.u<ust 1, 1889, for each of the last three years;
525565
the
BteeipU at— Flour. Wheat. Com. OaU. Barlsv- Uye
BMa.IOSlbt BlMk.eOU>r Bluh.S»lb BiMh.S2l6» BlMk.4HU> Bu.S6I»<
OhlcaKO 93.018 87.101 803 393 839.507 311,834 47,«0«
MUwankee... 63,118 90.150 16.870 52,0» 130,400 81.800
Dalntb 62.633 20,895 76.529
Minneapolis. 616.730
Foledo 1.713 84.505 764,897 0,159 1,000 l,i5»
0«trolt.. . . ;s.9r8 62.366 8.715 SS.138 40.607
Claveland. .. 4.967 3J.900 8,100 29.110 17,173 671
JU Louis 32,075 89.638 1,691,896 188,735 39.640 1S.900
Peoria 1,800 11.000 188,400 191,000 31.230 4,960
ToUwk. '90. 193,025 ;.086.9I2 8.508,286 1,416.228 591.361 M,S7a
teme »k.'l>9. 189.227 823,909 8.211,140 1.217,565 832.027 44.31S
i»m» wk.'SS. 191.861 1,245.216 1.789.106 1,341,763 171.425 44.W$
Since Aim. I.
1089-90.... 6.898,408 88303,741 fl0.128.5Sl 50.068,559 18.145.047 4.109.S40
1888-89.... ^.546.700 67.900.291 69,015,137 50.198,582 19.760.648 S.93S.943
t4H7-AA .. "t.TlO S28 7rt ««I 001 Bf>,»SI.7I(i 41!«,S..V« 1R.1A6 sun I.«I>».«S»
254 THE CHRCNlOLR [Vol., L,
The exports from the several seaboard ports for the weekending; Feb. S, 1890, are shown in the annexed statement
:
Alport* meat. Com. FUmr. Oati. Sye. Peat.
KewTorkBoaton...Portland.Hontreal.nuiadel.Baltlin'reN. Orl'na.N.News..Riolun'd.
285,656
6^934
6i",976105,982
Bunh.718.059218.07745,665
614",68i873,219741,448
BbU.118.48311.3734,041
26]48233,781
474
Buth.122,074
19,606
Buth.7,605 25,085
19;6l8
Totweek.B'me time1889...
463,548
63,250
3,211,429
1,776,525
188,640
181,051
141,674
3,3C0
7,605 44,103
44,923
The visible supply of grain, comprising the stocks in granaryAt the principal points of accumulation at lake and seaboard
ports, and in transit by water, Feb. 8, 1890:
Wheat,In ttore at— 6t«A.
WewYork 4,034,292Do afloat. 340,200
AlbanyBnffldo 2.304.152Obloago 4,987,339Do afloat 3S7,860
UUwankee 925,181Do afloat
Duluth 4,483,763Do afloat 73,000
Toledo 891,883Detroit 581,821Oswego 60,000Bt. Louis 1,790,288Do afloat....
CnnolnnaU* 33,000Boston. 127,920Toronto 170,699Montreal 208,946FUladelphla 299,828Peoria. 12,647Indianapolis 128,436Baltimore 790,572Ulnneapolio. 7,693,931Bt Paul. 280,000OnHisalaalppl
Com, Oatt,butk. buth.
3,485,377 1,741,15933,200 19,40056,500 47,600
134,825 2,3972,487,645 1,501,668
70,824 151.658958 3,470
130,982 613,534
224,4773,776
50,0001,492.380300,19910,000
597,078
27,488175,513
JSye,buth.
149,917132,60039,50026,498
609.52394,750
128,05551,144
18,3253,746
311,559 23,079
24.6301,414,757515.58548.495
1,432,764202,637
3,00073,3362,938
133,05180,257
106,152203,876128,23776,921
9,00028,9596,^3838,206
'69!2588.50
29,752
Barleybwih.
154,96040,(i0063,000
170,752225,074
286',669
2,82416,-,:83
365,00(157,732
82,6o639,685
163,07384,502
"6,747
269,348 86,820
Tot. Feb. 8.'90. 30,755,758 13,036,437 5,492.034 1,460,000 1,751,701Tot. Feb. 1,'bO. 31,489,193 11,918,417 5,156,474 1,513,403 1,895,211Ttot Feb. 9,'89. 34,190.376 14,035,108 8.079,829 1,697,916 2,236,805Tot Feb. ll.'SS. 40,287.617 8,339,156 3,181,537 361,283 2.803,169Tot Feb. 12,'87. 61,322,543 16,824,701 4,964,720 438,730 2,121,743
* Cinelnnati—Last week's stocks; this week's not received.
THE DRY GOODS TRADE.NBW YOBK. Friday P. M., February 14, 1890.
There was a somewhat more active undertone in the whole-
ale branches of the dry goods trade during the week underreview. The jobbing trade has displayed more animation than
at any* time siDce the opening of the season, and a very fair
business in staple and department goods was done by leading
jobbers, retailers from the South and remote sections of the
West having been their principal customers. The demand at
first hands was rather more active than of late, but the volumeof business in commission and importing circles was only
moderate. There was a continuation of the liberal movementin spring goods reported for some time past, Urge shipmentsof both domestic and foreign fabrics having been made to in-
terior markets on account of back orders, many of which are
still unfillfd. Prices for nearly all textile fabrics remain firm,
and are likely to continue so for some time to come, because
stocks are in excepti onalJy good shape, and raw materials are
very high. Very little complaint on the score of collections has
been heard from the domestic commission houses, but small
retailers who have been unable to market their stocks of heavywinter goods on account of the protracted mildness of theweather are somewhat dilatory in their settlements.
Domestic Woolen Goods.—The demand for heavy clothingwoolens has been somewhat freer than of late, but the major-ity of buyers are acting in a most conservative manner. Somepopular lines of heavy worsted coatings, suitings and trouser-ings were opened during the week, and fairly satisfactoryorders for these goods were placed by wholesale clothiers.Low grade all-wool and union cassiraeres continued to meetwith considerable attention, and leading makes are wellunder the control of orders. Light weight cassimeres andworsteds were taken in small parcels to a moderate amount,and agents continued to make fair deliveries of certain makesin execution of back orders. Black and colored beavers,kerseys, meltons and low-grade chinchillas were distributedin fair quantities, but medium and fine rough-faced overcoat-ings were for the most part quiet. Staple and fancy cloak-ings were in better request and a good business in stockinetswas done by the principal agents. Satinets were in fair de-mand but Kentucky jeans and doeskins ruled quiet. All-wooland worsted dress goods were distributed witb considerablefreedom, and prices remain firm. Flannels and blankets werein light request, and there was a moderate business in carpets,
. DoMESTio Cotton Goods.—The exports of cotton goods'ifrom this port for the week ending February 11 were 3,612
packages, valued at |273,429, their destination being to thepoints specified in the table below:
New York to Fkd 111890. 1889.
Week. Since Jan. 1. Week. Since Jan. 1.
Great Britain 769
1,080
62094
3,7621,2761,494423
2,466250638
8,712394
2893918
"'le14982
151896107
1,413192Other European.............
China Z7. 4,972250India
Arabia 68930
5386286
94795
1,095Africa 306West Indies 2,082
493Central America............. 638
5,732456
Total 3,612 15,1291,200
2,440 17,629• China, via Vancouver 9,625
Total 3,612 16,329 2,440 27,254
* From New Entrland mill points direct
The value of the New York exports since January 1 havebeen $917,810 in 1890, against $1,016,687 in 1889.There was a slightly improved demand for a few descriptions
of staple cotton goods at first hands, and the jobbing trade hasdisplayed more animation. Prices remain steady all along theline, and coarse yarn sheetings and drills are very stiffly heldbecause of the present high cost of the staple. Some largeexport orders for coarse yarn brown cottons were declined byagents at prices that would have been gladly accepted a fewweeks ago. Atlantic brown sheetings were advanced 2)^ percent. Bleached and colored cottons were in moderatedemand by package buyers, and there was a fair movementin calicoes white, goods, printed and woven cotton washfabrics, quilts and table damasks, from the hands of agentsand jobbers. Print cloths were in good demand and closedfirm on the basis of 33^c, for 64x64s and 3}jc. for 56x60s,
1890.Stock of Print Otoiht— feb, 8.
Held by Provldenee manuTere 303,000Fall River inaniifacturers 24,000Providence speculators None.Outside speculators (est) 6,000
Total stock (pieces) 333,000
1889. 1888.Ftb. 9. Feb. 11.None. None.None. 2,000None. None.None. 5,000
None. 7.000
FOEEION Dry Goods.—As regards new business, it was aquiet week in the importing branches of the tt ade, but aslightly improved demand for spring goods was experiencedby jobbers. Lustre mohairs, cashmeres, Henriettas andserges were in fair request, and there was a light business indress silks, velvets and plushes. Men's wear woolens ruledquiet and there was very little enap to the demand for linens,
white goods, laces or embroideries, but British and Germanhosiery continued in fair request.
Importations of Dry Goods.The importations of dry goods at this port for the week
ending Feb. 18, 1890, and since Jan. 1, and the same factafor the corresponding periods of last year are as follows :
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