February 4, 1882, Vol. 34, No. 867 - FRASERAND xmm HUNT'SMERCHANTS'MAGAZINE,...

AND xmmHUNT'S MERCHANTS' MAGAZINE,

REPRESENTINQ THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATW

VOL. 34 NEW YORK, FEBRUARY 4. 1882. NO. 867.

Flmanoial.

AMERICANBank Note Company,

149 BROADWAY, NEW YORK.B08I.VKS8 FOUNDID 1795.

Incorporattd undtr Laws nj state of New Fork, 1806.KKUKOAXIZKD 1879.

EXOHAVKIlg A.NO PBINTEKS OFBOITDS. POSTAQE AND REVENUE STAUPS,LSOAL TENDER * NATIONAL BANK NOTESaf M4 VNilED STATES and for many AnlgKQovtmmtnU.

ENGRAVING AND PRINTINGOF BANK NOTES. STATE AND RAlUtOADBONDS. SHARE CERTIFICATES, BILLS OtKXCHANOE. DRAFTS. CHECKS, STAXPS, *e.

IN THE FINEST AND MOST ARTISTIC STYLEFRO>I 8TEEI< PLATES,

With ipeclal safOKuards to prevent CounterftUin$M* AtUrationt. Special papers maoofaotured exclu-•lTel7 for lue of tbe Company.

Safety Tints. Safety Papers.

Work Executed In Fireproof Butldlnca.

RAILWAY PRINTING A SPECIALTYBallwajr Tickets of Improred Styles,

WUhor toUhout Color; and Tickets of all KindtTRUSTEES:

A. O. Qoolall, Prealdent, Joi. W. Drezel.JMQea MacdonoDKb. Vice- Prest., A. V. Stout,A. D. Shepard, Vlce-Preaident, T. U. Porier,Wm. Main SmiMIe, Vlco-Hrest., Chris. Merer,J. T. Kobertson, Vice-President, (i. U. Danforth,Q. U. Stayner, Treasurer. P. C. I4«ttnabar7.

Tbeo. H. Kreeland. Secretary.

BanqueCentrale Anversoise,

Antwerp.Pald-Up Capital, • • 9,000,000 Fraiies.

BOARD OF DIRSCTOSSFn.iz Gbihar. President.ALrKiD Maqui.vay- (Graffs MaqalQay),Vlae-Pr«aJ. a. Vo.v i>CK Bkckk ( Von der ueoke A Mai«Ur>.OTTO GfNTUEH(Cornellle-DaTld).BMILI UK GUTTAL.Al>. KHANK iKrank. Model A Cle.)Aco. NoTTKBuiiM (.Nottebobm Frerea).Fh. Dbams (Michlem Loos).Jou. Ua.n. Kt'UKUA.vN, Jr. (Job. Dan. FQhrmaam.)Louis WEBKu(Ud. Weber A cle.)Jvuu tUCTSBrsLAVca (C. achmld A Cle.)

TRANSACTS A

GENERAL BANKING BUSINESS.

WASA P. Poma. Preit. J. }. KDOT, Cashier.

Maverick National Bank,BOSTON,

CAPITAL,•VRPLUS,

$400,000400,000

Aeoonnts of Banks and Bankers solicited.Collections made upon favorable t«nu.

Btrlotly Orst-olau Investment Securities N«co-Uated.

Samuel M. Smith,40 WALL STREET,

DEALER IN

ClQr Rallwnr Secariiles, Gaa aadBtadu, laauTKae* ISerl*.

Financial.

i>iam:oivi>s

Alfred H. Smith & Co.,No. 14 JOHN ST., NEW YOKK.

IMPORTERS OF

Diamonds, Fine Bnbies, Sappliires,

and otiier Precious Stones,

EXCLUSIVELY.LONDON, 33 HOLBOKN TIADVCT.

Aug. T. Post, Banker,25 NASSAi; STREET,

BCTS AND 8EU/8

State, City and County Secmitles.CORRESPONDENCB SOLICITltD.

LSWM H. TATLOK, JB. LIKSLST HaIKIS

L. H. Taylor & Co.,Bankers and Brokers,

140 flOUTH THIRD STREET,PHILADBLPHIA.

Deposits received sublect to check at slKbt, andInterest allowed on daily balances.

Stocks, Bonds, Ac, boneht and sold on commissionin FtiUadelphla and other cities.

Particalar attention eiveo to Information nffmrd-Ing Investment Seoorttlea.

F. E. Trowbridge,BANKER AITD BKOEER,

No. a BROAD OR S7 WALL STREET,NEW TORK.

Vtmtier 0/ Ms N. T. Stock Exchangt.Branch orricK:

BATEIHAN Se CO,, WASHINGTON, D. C

A General Banklns Bnaineoo Transacted.

Securities bought and sold on commission for cashor on margin.Advances made ob approved collateral at the

market rate.Deposits received subject to check at sight.4 per cent interest allowed on all dally balances.Orders executed at London. San Francisco, Bos-

ton, Philadelphia and Baltimore Exchanges.P. 8.—My New York Weekly Financial Report ts

mailed free of obarge on applleatlon.

WAI.8TOIf H. BKOVN. rRBD. A, BBOWM,HBRBBRT P. BBOWN.

WalstonH .Brown& BrosBANKERS,

11 Pine Street, New Tom.

SPECIAL ATTENTION OIVIIN TO THE NEGO-TIATION OF

RAILROAD SECURITIES.

R. T. Wilson & Co.,BANEBBS AND COMMISSION MERCHANTS

8 Ezcliance Court, Nenr York.

Mifler, Francis & Co.,

BANKERS AND BROKERS,

48 WALL STREET, NEW YORK.

CM A A Mn.i.im. JAJ.Fb * BoiB. XDwncJ.HAjnA

Financial.

Colbron, Day & Field,

BANKERS AND BROKERS,

No. 17 New Street,

NEW YORK.ISO La Salle Street,

CHICAGO.

John

stocks and bonds boncbt and sold for oash oron margin.

Interest aUowod on deposits, subject to eheek usight.

A.Hambleion&CoBANKERS AND BROKERS,

Ifo. 5 SOUTH STREET,BAL.TIVORC.

Ckmnsctnt by Special TFirt with New York and PkHa-detphia CorretpondenU.

I^nsaot a General Banking Buslnen.Bty and sell on Commission in this and other eKIes

all descriptions of Stocks, Bonds and Securities.

Special Attention girem to Inrmtnients.

Loans negotiated and advances made on Improvedcollaterals.

Deposits received subject to check at sight.

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

Caldwell, Hay& WashburnBANKERS A BROKERS.

UNITED BANK BDILDING.Broadway and Wall St.

Transact a general Banking Business, Including tAePurchase and Sale of all Securities dealt In at theNew 7ork Stock Exchange.Interest allowed on deposits sBbJeet to sight draft

Cbar. B. Caldwxll, late W«et A Caldwell.I<ILAS C. Ua V. Member N. T. Stoek Exchange.Lansiso C. WAgHBCBN, late Whlttinghaa A

Washburn.

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

BANKERS AND BROKERS,8UCCXSSOR8 TO

WOOD A DAVIS.Kzecute orders In all securities listed at the NewYork Stock Exchange. For Sale.FllUIT.Cl.Ag8 HA ILKOAl> " IS I MOB' OAOB Bi'XOa."GEORGE C. WOOD. C. H. HUESTIS. L. M. SWAN

TH08. M. THORNTON. WM. W. Thobitton, Cask.

W. F. THORNTON A. SOS,(Bstaallshed ISSej

BANKERS AIMW BROKERS,SHELBYYILLE, ILLINOK.

Corectlons made in Shelby and adjoining Conntioeand,Pr(>cee'1s remitted on Day of Payment.HKFEKU.NCKs—.National aaokufCumuiero>,Nev

York. Union .National B.i«k, Clnclnaatt. TulriNational Bank. st. lx>uls. Traders' Baak,Cbloa<e.Indiana Ba..kiuK Company, Indlanepelle.

Hatch & Foote,BANKERS, No. IS WALL STREET,

Birr Ajn> aaxa.

GOVERNMENT BONDS. STOCKS AND MISCEl^LANE0U8 8BCURIT1S8,

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

T Wall St., Cor. New, New York.INVBSTMENT SECURITIES.

Bpisial atuatlea to hnalnees of ooonur beoAe.

ii IMJi. iJHKONlCLE

August Belmont &; Co.,BANKERS,

Nos. 19 A; 21 Nassau Street,

Issue Travelers' Credits, available in all parts of the

world, through the

MESSRS. DE ROTHBCHI1.Dand their correspondents.

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

Morton, Bliss & Co.,as NASSAU ST., COR. OF CEDAR,

NEW YORK.

Isine ClrcnUir Notes and Letters ot Credit for

Travelers ; also. Commercial Credits, available In all

parts of the world. NeRotlate flrst>class Railway,City and State Loans; make telegraphic transfers

of mopey aod draw Bxchanjse on

MORTON, ROSE * CO LONDON.HOTTINGUBR A CO UiHTSCREDIT LTONNAIS >

*^**'^°-

AMSTERDAMSCHE BANK, - - AMSTERDAM.

(ToL. xxxrv.

Foreign Exchange.

Drexel, Morgan & Co.,WALL STRKB'I,

CJRNEB OF BROAD, NBW YOSK.

Drexel, Harjes & O81 Boaievard HaaBsmas!

Parla.

Drexel & Co.,

o 34 South Thisd St.

Pbilmdelplila.

DOMESTIC AND FOREIGN BANKERS*Deposits received subject to Draft. Securltlef . Gold,

A"... Bought and sold on CommlesiOD. Interest allowedon Deposits. Foreign Kzchange. Commcrc-''l Credits,• '".ble Transfers. Circular Letters for TraTelera,arguable In all parts of the world

ATrOBWSTB AKD AeBNTS OP

IIe«ar*. J. 8. mORUAN & CONo. 82 OW BROAD ST.. LONDON

sJ^

Brown Brothers & Co.,No. 69 irALL ST., N. S<,

BUY AND SELL

B1L.L,S OF FXCHAWGEON GREAT BRITAIN AND IRKI.AND, FRANOR,GERMANY. BBLUIUM. SWITZERLAND, NOR-WAY.DENMARK, SWBUEN AND HOLLAND.Issne Cdmmercial and Trarelers' Credits

IN SIERLINO,ATAILABLB IN ANY PART OF THE WORLD.And in Francs, in Martinique and Guadaloupe.

BIAKE TELEGRAPHIC TRANSFERSOF raONKY

BETWEBlf TBIS AND OTSES COUSTRIES.MAKE COLLECTION •* OF DRAFTS drawn

abroad on ail t>ointa In the United btatea andCanada, and of Drafts drawn in the

United States on Foreign Countries.

S. G. & G. C. Ward,AeSNTB FOB

BARING BROTHERS Sc COIOPAN^,6X WALL STRHBT. NEW YORK.28 «TATK BTPFBT BortTrtW

J.& W. Seligman & Co.,

BANKERS,No. 94 BROAnWAl',

HEW YORK.

ItBoe Letters of Credit for TraTelen,' Pkyable n any part of Europe, Asia, Africa, Ana-tralla and America.

Drttir BillB of Exchange and make telegraphictraaafers of money on Europe and CHliforola.

John Munroe & Co;,No. 8 Wrall Street, Nenr York,

Nff. 4 Fo*t Office Square, BoMon.CHEQCTES AND CABLE TRANSFERS ONmUNROE &. CO., PARIS.

niBLING CHEQUES AND BILLS AT 8IXTTDAYS' SIGHT ON

ALE3LANDER8 & CO., LONDON'.

OlBODLAB NOTSB A.H1> GSXDrrS FOB TSAW1.XB8.

J.&

J.Stuart & Co.,

83 NASSAU STREET.BILLS OF EXCHANGE ON

SailTH, PAYNE &. SMITH'S,' BANKERS, LONDON

;

1LANCHB8TER it GOVNTY BANK,"LIMITED!"

MAHCHBBTBR, PAYABLE UJ LONDON i

ULSTER BANKINS COmPANY,BELFAST, IRELAND

Ajn> QK THBNATIONAL BANK OF SCOTLAND,

,.,,,„t KDINBURG, AND BKANCHS8ili ., i,. ,

Axaa ..-I ' r,(!ij

tkttZ TRANSFERS AND LETTERS 0* CISlSlIT

JOHK 8. KlNirBDT. J. EXNNXDT TOD.

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

New Ifork.

DRAW BILLS ON LONDON.BUY COainiERCIAL PAPER AND BILLS

OF EXCHANGE.Am Aa AOSNTs FOR Banks, Bankeks andKAILSOAU COMPANIKS.

HAKE TELEGRAPHIC TRANSFERS.lime Commercial Credits in Sterling, available

throughout the World.BUT AND SELL JNVESTilENT SECVSITIES .

OsUaot DlTideada, Coupons and Forelsn and Inland

J esup, Paton & Co.,BANKBRS,

62 WiUtam Street, New VorK..

Accounts and Agency of Banks, Corporations,flrms and Individuals received upon favorable terms.Dividends and interest collected and remitted.Act as agents for corporations in paying coupons

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

commission.Sound railroad and municipal bonds negotiated.Bterllng excbangre bought and sold. Drafts on

Cnion Bank of London.

Kidder, Peabody & Co.,BOSTON, MASS.,

Cor. Wall and Nassau Sts., New York.

FOREIGN BANKERS.

CABLE TRANSFERS, BILLfl OF EXCHANGEAND

COMXEHCIAJ. AND TBATELBB8' CbBSITS.

OOSBESPONDBNTS :

BARING BROTHERS <Se CO., Loudon.PERIER FRERES <& CO.. Pari*.

MENDELSSOHN & CO., Berlin.

NBW YORK

:

WiLMAM Heath,Chables E. Quinokt.

LONDON:Wm. Russell Wise

William Heath & Co.,BANKERS,

10 Aneel Conrt, London, Ensland.X>raw BlUs of Exchange and transact a general

financial commission business. Particular attentiongiven to American Seonrities.

William Heath & Co.,BANKERS AND BROKERS,

01 BROADWAY, NEW YORK.Members or New Yobk Sxock Exchanob.

Knoblauch

& Lichtenstein,BANKERS,

29 WlUIam St., cor. Excbanee Place,NEW YORK.

Make Telegraphic Money Transfers.

Draw Bills of Exchange and Issue Letters ofCredit on all principal cities of Europe.

SPECIAL PARTNER,DEI7T8CHI< BANK, Berlin.

J. H. Latham. F. w. Peebt.

J.H. Latham & Co.,UNITED BANK BUILDiNG-,

2 WALL STREET.

INVESTMENT* SCCtiltlTIES,OUvi StSlroai itMUbtUaiUou* SMht andBondt

Foreign Exchange.

Schulz & Ruckgaber,BANKERS,

22 William Street, New York.CORRESPONDENTS OF THE

International Bank of London (Limited),London.

IHesarg, John Bercnberg, Gossler & Co.,Hamburg.

Commercial and Travelers' Credits, BUla of BZ'change, Cable Transfers.

Hilmers,McGowan& CoBROKERS IN

Forelgrn Exchange, Stocks and Bonds,

63 fVall street. New York.Special attention paid to order* at th a New York

Stock KTbhanirfe and New York Mtiitne Biard.

J. H. GOADBY & B. E. WALKER,JOINT AGEST3

Canadian Bank of Commerce,16 EXCHANGE PLACE,

BUTAND SELL STERLING EXCHANGE, CABLETRANSFERS, ETC.

ISSUE COMMERCIAL CREDITS, AVAILABLEIN ALL PARTS OF TUE WORLD.

Foreign Baulicri>.

Bank of Australasia,(INCORPORATED 1835.)

No. 4 Tbreadneedle 8t., London, England.PAID-UP CAPITAL, £1.»0,0(X).

UNDIVIDED PKOt'lTS (Inclidlng Guarantee andReserve Kunds) £411,080.

Letters of Credit and Drafts Issued on the 87branches of the Bank in the Coloniewof Queensland,New South Wales, Victoria, South Australia, Tasma-nia, and New Zealand. Bills negotiHted or sent forCollection. TelegrHphic transfers made. Depositsreceived in London at interest for fixed periods onterms which may be usoertained at the onice.

PRIDlCAUX tELBY, Secretary.

Nederlandsch Indische

Handelsbank,A nttf'k'ERD Ain, HOLLAND.

BSTABIISHED TS 1863.

Paid-up Capital, 12,000,000 enlldere,($4,800,000 Uold.)

HEAD OFFICE IN AMSTERDAM.Agencies it> Batavia. Soerabaya and Samairanii

Correspondents in Padang.)

iBBue commercial credltB, make advances on Bblp

ments of staple merchandise, and trsuBact otherbusinoBS of a financial character In connection with

the trade with the Dutch East Indiee.

BLAKE BROTHERS & CO.,

AGENTS rOK NORTH AMSKICA,

18 WALL STREET, NEW YORK.S8 STATE STREET, BOSTON

Adolph Boissevain & CoHANKERS

AHD

OWniniSSION inEROHANTS,AMSTERDAM, HOLLAND

y. Y. CorreapondentB—Messrs. RI.AKB Bhob. A Co

Hong Kong & ShanghaiBANKING CORPORATION.

CAPITAL (paid-up) |S.(X)0,000RESERVE FUND 1,900,000

HEAD OFFICE, HONQ KONO.The Corporation grant Drafts, issue Letters of

Credit for use of Travelers, and negotiate or collectBills payable at Bombay, Calcutta, Singapore, SaigonManila, Hong Kong, Foochow, Amoy, NingpoShanghai, Hankow, Yokohama, Hiogo, San FrandaCO and London.A. M. TOWNSEND, Asent, 47 William 8t.

Canadian Bani4er§.

AGENCT OF THE

BankOF

British North America,No. S3 WALL STREET.

Buy and sell Sterling Exchange and Cable Trana-

fers. Isane demand drafts on Scotland and Ireland

also on Canada, British Columbia, Portland, Onegao,

San PranoUco and Chicago.

Billa collected and other banking tmaineaa trana

W. LAW80N. {Agent J.

FJSkTTAKT 4, 1689. J THE CHRONICLE.

Canadlmn Baakon.

Merchants BankOF CANADA.

- 85.000,000 Paid Up.Capital,PrMl<l«n(, th« Hon JOHN HAMILTON.

Vloe-l'ro»l<lenl..lOII.N Mcl.K.NNAN. Kaq.,M.P.

HEAD OFFICE, IU(INTREAI..•BOROE UAOUK. (inntTiiI MnniiK.'r.

WM. J.IMUKA.M. Asslatuni Uoiicrnl .MsQmtar.

BANKERS:liONDON, KNO.-Tho CljilBadiile Banking Comp'y.NKW XOBK-ThaB*nk of New York, N. B. A.

•Th^-Rttw Tnrk Aft«n«r buys and sells Bterllna EX'ehanjte, (Nble Trani.for.'*. Issues Credits avuiittble In

ftll parts of tbo world, muko-t ooltectlons In Canadaand elsewht're, and laaucs Drafla [myable nt any ofthe O'liccs of tno bunk fii Canada. Ufmimd DmflsIssaed payablM In icodaiid and Ireland, uiid everydMOrlpUon uf forulKn binkintf business undertaken.

Kew York Agfnor, 48 Exchange Place.

JOHN 11. HAKIilS. JR., ("*"""•

Ohlcaso Brmoch, 138 Waahlugton Street.

J. 8. UKHUUITU. Manager.

Imperial Bank of CanadaCapital, $1,000,000.

H.8.HOWI,ANO. Pnst D. R. WILKIR. Caibler

BEAD OFFICE, TORONTO.BKAXCHES:

Bt. Catbarlnes. Port Colborne. St. Thomas, Ingersoll,Welland, Kerftus, Woodstock, WionlpeK, .Han.

Dealers In American Currency ASterllUK Kxchange.Afcents In London : I Agents In New York:

BOSANQCET. Salt & Co., I Bank op Montrkal,78 Lombard Street.

I5a Wall Street.

Promptest attention paid to collections payable Inany part of Canada.Approved Canadian business paper, payable In

gold or currency, discounted at the Head OlMce onreasonable terms, and proceeds remitted to anypart of the United States by draft on New Vork.

Bank of Montreal.

CAPITAL, •

MDRPLVS, •

$13,0O(;,00U, Oold.5,000,000, (iold.

C P. SMITHEBS, President.

W. J. BVCBANJCS, Oeneral Manager.

SEW rons orricE,No*. hM A. fil 1VAI.L, S-rUEET.

Walter Watson,} «„-„,-ALIX'R LANG. { Agenu

Buy and sell Sterling Exchange. Francs and CableTransfers : grant Commercial and Travelers Creditsavailable In any part of the world ; issne drafts onand make oolleotlons In Chicago and throughoutthe Dominion of Canada.

London Ofllce, No. 9 Blrcbln Lane.

Gzowski & Buchan,BAITKBBa ARB StOCE BbOKEBS,

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

cial Bills and Canadian Funds on all points in Cana-da; American and Stcriintt Exchange, and Stocks,Bonds, etc., bought and sold.Correspondents-Bank of New York. New York

and Alliance Hank. Ix'ndon.

Calilornia Banks.

The Nevada Bankor

8AN FRANCISCO.Wew York Agency, 02 Wall StSURPLUS, INVESTED^ Df U. 8. BONDS.

S4,000,000 GOLD.

GBORGE L. BRANDBK, Asent,ISSCES Commercial and Travelers' Credits, avail-

able In any uart of the world. Draws Exchange,Foreign and Inland, and makes Transfers of Monerbr Telegraph and Cable.

TUB

Anglo-Californian Bank(LIMITED).

l.O)M OON, Hi -Ml OOice, 8 Angel Conn.MAN FRANCI^t'O DlBce, 4iia CalUomia St.

\ KW VORK Agents, J. * W. Seiieman A Co.BOSTON Correepond'ta, Maeeaohiuetts N.BÂnthortzed Capital, - - ««,000,000.Paid np and Reeerwe, 1,700.000.Transact a general banking bosineas. Issue Co*,

merclal credits and Bills of Exchange, avaUable taall paru of the world. Collections and orders foeBonds, Stocks, etc., executed upon the laoatteeobiable terms. FRED'K F. LOW, »«„.„._- _ ,. lONATiSSTMNHABT.jM^WWfP. N. LLUSawHAL, Cashier; ' '^'

The Brooklyn Trust Co.Oor.of Montague & Ollnton sts., Brooklyn, If. T.

This Company Is authorised by special charter toact as receiver, trustee, guardian, executor, or ad.ulnlstrator.

It can act as iwent In the sale or management ofreal estate, eollect Interest or dividends, receiveregistry and traoafar books, or make parchasn andsale of Oovernment and ot hor snonrlt les.Religious and chart'"''''' '"- " 'itlon'., and persons

anaccustomcd to tli i; <il Imnliiess. willHnd this Company a .^ ..'iiiMtil deiH>sltorTformoney. flll'i i i -, rrrnident.

CHAS. It. MARVIN. Vlce-Pres't.

TRUSTEES:Wm. B. Kendall, Henry .Sanger. Alex. McOne,John P. Rolfe. Chas. R.Marvin. A. A. Low.B. r. Knnwiton. Aljm. B. Baylls. Henry K.Hbeldon.11. K. Plerrepont. Dan'l Chauncey, John T. Martin.Alex. M. White, Josiah (>. Low. Ripley Ropes.

Edmund W. Corlies.WM. R. BUNKER . SaoretaiT.

Konds of* Hnre^tyship.FIDELITY & CASUALTY Co

OF NSW YORK.Aaseti ISTS.Ot'* 00Capital Invested In V. S. Bonds 250.000 00On deposit with Insiiriince DiM>art.ment.. 100.000 00oniciala of Banks, liallroads and 1'ransp .rtation

Companies. Managers. Secretaries and Clerks ofPublic Companies. Institutions' and Commercialfirms, can obtain security from this Company atmoderate charges.The bonds of this Company are accepted by the

courts «pf the State of New York.Full information as to details, rates, &Cm can be

obtained on application to head office, 187 Broad-way, Nf. Y.Wm. M. RICHARDS, Preet. John M. Cranx, Sec'y.

W. Harviy Lee, Inspector.DiRKCTOUM—iicorge T. Uope.O. U. Williams, Geo.

,8. Coe. Charles Dennis, J. 8. T. Stranahan.A. B.Hull, A. S. Barnes. S. B. Chittenden, U. A. HurlbutW. O. Low, David Dows. J. D. Vermllye, Alex.Mitchell, Wm. M. Richards.

Bonds of Sii.retysb.ipFOR

OFFICERS AND EMPLOYEES HOLD-ING POSITIONS OF TBUST,

The Guarantee Co.OF NORTH AMERICA.

Oashcapltal 270,000Cash assets over 3'.i0,000Deposit at Albany 200,000

President: I General Manager:Sir Autx. T. Oalt. | Edward Rawunos,

NBW TORK OFFICE

:

No. 47 WÎLLIAM STKEET.Where all information and forms may be obtained,

or from the Head Oihce, Montreal, Canada.

The bnslneea of this Company Is solely that ofGuarantee.

FOR CUOICB

Mortgage Loans,INOI4NA 6 PES CENT,SOCTHEaN 8 HEK OBNT,

WRITEFRANCIS SMITH A. CO.,

In4lanapoUei, Ind., and MontgomerT, Ala.

(oLLlj^S.pOUDENyEPIIÎNS*

-Bf^nKERS-

Porahaae and seU on Commission OOTERNMBNTand RAILROAD BONOS and STOCKS, and all

classes of Securities dealt In at the NEW YORKSTOCK EXCHANGE, or all reputable Securities

bought and sold in the OPEN MARKET. IK)AN

8

and COMMERCIAL PAPER negotiated. Interest

paid on DEPOSITS, subject to check.

STOCKS and BONDSAt Auction.

Iba Underlined hold REQULAB AUCTIOMSAL^B of all oloseea of

STOCKS ANO KjONO-ON

WEDNESDAYS AI*I> 8ATLRDAY8.

%»KiA.:v H, n|II|[.I.EB A M»i*

No. 7 prSE STREET. KEW YORK.

DKOOKLYN CITY BAIUftOAD CO.rirst and only Mortgage 9 Per Cent Bond*.

Brooklyn Gaslight Companv stock.rninn Kerry Company Stock.

Naman Ganllght Company H Per Cent CertWeatM.Brooklyn and .New York Bonds,

Bank, losurance, and other Local Stocks.Bought and Sold by

FRANK R . R E B R 8 ,

lACo«irt(Bt., Brooklyn. 31 Pine St.. New York.

Financial.

Twenty-Tear Six Per Cent

FIRST MORTOAGE B05IDIIor TBK

Mahoning Coal & Coke• O M P A N Y,

Secured by COOO eeree la fee. qf. the noet rala^ble coal and timbered land* In Uie State of Pna-•ylvanla, looated In Jefferson County, on the line oithe Clarion Mahoning k Pittsburg Railroad.

Subscriptions for the above-mentioned bond*having been received for moxe than the minimumamount speolfled In our circular of January 16, 18M,the remainder of the Issue can now be bad only at

private sale at the office of the

AMERICAN FINANCE >MPANT,

6 A 7 NASSAU ST., NEW YOBK.

NEW TOEK LACKAWANNA & ITEST-EBN RAILWAY COMPANY

FIRST nORTfiAGE MIX PER CENTBONDS OF 1921.

Interest payable seml-iuinually upon the flxat

days of JANUAR V and JULY.This road forms with the Uelaware Lackawanna

A Western Railroad a direct through line from

NEW YORK TO BCFFAIjO.

The Mortgage Is a first lien upon the equipment

as well as upon the Road.FOR SALE BY

lHOt»£S TAYLOR A CO.,

Sa WALL STBEBT

CHICAGO & EASTERN ILLINOIS RB.COMPANY (EXTENSION)

FIKST MORTGAGE 6 PER CENT BOND.AN ABSOLUTE FIFTY-YEAR BOND.

Dub DECE.MBEK, 1S3I.

Issued at the rate of only 818,000 per mile onextension to a connection with the DANVILLBOLNBY & OHIO RIVER RR., and a direct obllg»-

tion of the CHICAGO A EASTERN ILLINOIS BK.CO. Issne only 8290,000. A limited amount for

8aIeatl02 1-2 and Interest, the right being re-

served to advance the price without notice. Otherchoice investments.

CH AS. T. MVIKO,18 WALL STREET.

With A. M. KIDDER & CO., Bankers.

COUNTY, CITY AND TOWN BONDS.Alb.A Sus. RR.lstoon. Ts,

Atlan. A Pac. RB. 1st 6s,

Cent. Paclflo KR. gold 8s,

Chic. Burl. A Q. RR. fs.

Chlo. Mil.* St.P. RR. bds,

Ohio. * Northw. RR. bds.,

Chlo. R. I. A Pac. BR. 63,

C. C. C. A I. RB. con. 7s,

Continental Con. Stock.

Del. A Hudson 78,

Del. Lack. A W. RR. 7s,

Erie RR. bonds.Lake Shore RR. 7s,

Mich. Central RR. 7«,

.Morris A Essex RR. 7s,

iV. Y. Central RR. bonds.

N. Y. A Harlem BR. 7li,

Ohio A W.Va. RR. let, 7s,

Scioto Valley RR. bondsand stock,

St. Paul M.A M.RB. 1st 7b,

Union Pacific RR.fle A Sa.

OT, {'• Jve thla

BOUGHT AND SOLD BYI>. A. EA!»TO.\,

with BOODY, McLELLAN de CO.,

Bankers and Members New Vork Stock Btrchange.

_____ OB BROADWAY;'l-HE I.AKE SHORE & MICHIGAIII SOUTHERN RAILWAY CO.MPANV.Trkasukir's OrncE.i; raxd Central Dkpot, i

NEW ^ ORK, December liS, 1881.

The Board of Directors of this Company have t _

day declared a quarterly div.dend of TWO PERCENT upon Its capital stock, payable on WBDNBS-DAi. the KIRS'I' day of KEBRUART next, at

The Transfer Books will be closed at S o'clock

P M on Saturday, the 81st Instant, and will bere-opened on the morning of Saturday, the «th dayof February ne-xt..

^ ^ypBCESTER. Treînrer.

QCINCT MISSOURI * PACIFICRAILWAY 8ECUR1TLE8.

St. Louis Keokuk& Northweet, R'^ray Securitlee

Little Book MI118. River ii Teiiw R'r SeouriUeg.

Ne-w Haven & Derby Railroad SecoriUee,

Housatonlo Railroad CommOB and Pref. Stook,

and Rolling Stock Certlflcatee,

WTilte Water BR. Common and Pref. Stock,

Naugatuck Railroad Stock,

Daubury <t Nor'walk Railroad Stock,

Bridgeport, Housatonlo and New England Bel-

Uog Btook Compaules Stocks,

Connecticut Telephone Company Stock,

DEALT IN.

SAMUEL. H. BARROirS,i,. .ILtaM . 38 BROAD STREET.

THE CHRONICLE. [Vou XXXIV.

Insurance.

OFFICK OF THE

COMMERCIALMutual Insurance Co.,

67 dc 59 William Street,

New Yokk, January 19, 1883.

Hie Tru»tee«, In conformity to the Charter of

the Company, submit the foUowing statement

of Us aflfdira on the 3l8t Dfecember, 1881

:

Premiums on risks out«tandingBlstDeoember, 1880 $96,784 75

Premiums received during theyear 1881 319,343 28

Total premiums. $416,107 03

Premiums marked off as earnedduring the year 1881 $308,361 15

Financial.

Losses and expenses naid duringthesame pertod $195,683 62

Ketum premiums &. commissions 28,410 02

The Assets of the Company on the 31st Deoem-bv, 1841, were as foUows

:

United States securities $441,092 50Bank stocks 117,713 70City and otiier stocks and bondsand cash In banks 172,447 91

Preminm notes& cash premiumsBalTage, re-insurance and otherdaims

$731,254 1182,919 85

13,382 55

Total assets $827,556 51Six Per Cent lntere»t on the outstanding Cer-

tificates of Profits will be paid on and afterTuesday, the 14th day of February. 1882.Thirty Per Cent Dividend is declared on the

net, earned premiums entitled Wiereto, for the

SS* ending 31«t December, 1881, for whichertlflcates may be Issued on and after the Ist

dfiy of April next.The Balance of the outstanding Certificates

of Profits of the Issue of 187 2 will be redeemedand paid to the holders thereof, or tlieir legalrepresentatives, on and after Tuesday, the 14thday of February next, from which date all in-terest thereon will cease. The Certificates tobe presented at the time of payment and oan-oeled.

Thirty-Year Six Per Cent Gold

FIRST nORTOAGE ROMDSOF THK

Clarion Mahoning &Pittsburg Railroad Co

LINE OF ROAD

:

Warren, Penn., via Brookville, Pnnxsntawnyand Baltzburgh to Pittsburg, 150 miles.

We are now recelvlns subscriptions for the above-mentioued bonds, which we recommend as very de-sirable investment ^lecurttiep.Olrcalars and subscriptloQ lists, together with the

prosnectuses and maps, may be had on application

to the

AMERICAN FINANCE COMPANY.31 8oath Third Street, Philadelphia.

Aod No8. 5 «{;; 7 Nassau Street, New York.

'pHB INTEREST ON THE FOIXOWINGL Bundt) is parable at the Banking House ofMessrs. WINSLOW. LANIBR A Ct>.. corner of Nas-sau and Cedar Streets. New York City, on and afterKobruary 1. 1882:Columbus A Toledo Railroad Company—

KiratMorigaireTs.Lawrence Railroad Company—

Fir8t Mortgage 7's.

Lawrencviburnh. Indiana—Municipal 7'b.

Marietta, Ohio—MTfietta & Cincinnati Railway Aid S'ft. .

PlttsburR Port Wayne A Chicago Railway Co-First Mortgage Ta.Second .MortgHge 7'b.

Terre Haute, Indiana-Chicago & Terre Haute R. R. A<d 7's.

FtSBHUARY 12. :883.CentreTlUe, Indiana^

Township 6's.FBBRUARY 25. 1883.

Galllpolls, Ohio—Municipal S's.

Financial.

Moses Taylor.Daniel Drake 3mlth.ThomHB B. Ci^i^ton.John C. Jaok.soln.William R. Klrkland.William H. Brodie.Alexander Nones.Samuel MaLean.Stephen W. Carey.Robert Taonahill.George H. Tattle.John IS. Woodward.Samuel Scbifftir.Bdward L. Hedden.Arch. B. Qwathmey.Farman L. Kneeland.

TBUSTBESiHenry K Bull.Daniel V. Argulmb&u.Henry M. Taber.David G. * artwrlght.Jitmes McLean.Henry S. Henry.Ernest A. Brooks.W, Irving Comes.Emanuel LehmanDarwm R. -lames.Dwight Stone.Geo. D. Pitzipio.jHmes F. Whitney.Francis Spies.C. A. Zoebish.

W. IRVING COMES, President.

WAINWRIGHT. HARDIE, Vice-Prea%HENRY D. KING. Secretary.

This Company Issues Cttrtifloates of Insur-Wioe under which losses are payable In LON-DON at the counting house of BROWN, SHIPLEY A CO.

^^ No Fire Risks disconnected from MarineRi8l« will be taken after this date.

OFFICE OF THE PULLMAN PALACECAR COMPANY, Chicago. Feb. 1. 1882.

At the Special Meeting of the Stockh^'lders, heldthis dav, it was resolved to increase the CapitalStock $2,523,600, being 25 per cent of the entireCapital ^tock of said Company af this d«te.fctockholdt^rs of record on February 18. 1882. will

have the option until March 1, 1882, to subscribe forsuch stock at par to an extent not exceeding one-fourth of their holdings.Payments to be made as follows: Fifty per cent

on or bafore March 1, 1883, and fifty per cent on orbefore May 8, 1882. Full paid certificates of stockwill be issued for each payment, excluding fractionalshares.Blank forms of suhscriptton and all Information

relating thereto may be obtained atThe Farmers' Loan A Trust Co., New York

;

New Kngland Trust Company, Boston;The Company's Office, Chlcatco.

A. L. WBINSUEIMER. Secretary.

LONG ISLANDRAILROAD COMPANY.

FIRST CONSOLIDATED MORTGAGEFIVE PER CENT.

Fifty - Year- Bonds.I^TEREST FAYABLK QVARTERLT,

JANUARY, APRIL, JULY •& OCTOBER,

Tbe undersigned are prepared to receive Snb-

scrlptlons for a limited amount of these Bonds at

par. reserving the rl^ht to advance the price with-

out notice. We recommend these securities as a

safe and desirable investment. For further Infor}

matioD apply to

OORBIN BANKING GO.rtPANT,No. 115 Broodwar. New York.

No. 43 Milk Street, Boston.

JARIBS G. KING'S SONS,ei and 53 William St., New York.

raAXWELI. &. GRAVES,No. 74 Broadway, New York.

Financial.

^OTICE TO HOL.DER8 OF BONDS IS-'•'SUICD BY THK COUNTY OK GALVttSTON.In the State of Texas, in aid of ihe Gulf Colorado tSanta Fe Railway Company

:

In pursuance of the right reserved by the Countyof Galveston In the above-mentioned bonds to re-deem the same at expiration of any year after theflfth year from the date of the issuance thereof, theholders of any of said bonds numbered from one tothrea hundred and flfty InQluslve are hereby notl-l«d to present the same f«t payment on the fol-lowing dayd. lo wit

;

Bonds No. l-2001ncl., on July 1, 1882.Bonds No. 801-280 Inol., on October 1, 188a.Bonds No. 251-800 Incl., on October 15, 1882.Bonds No. 801-350 Incl., on December 15, 1882.

And notice is given that interest will cease to ao-erue on any of said bonds bearing the above-men-tioned numbers on and alter tbe respective datesfixed for their payment.9r order of the County Commissloneri' Court of

Galveston County, State of Tflas.WILLIAM T. AUSTIN,

County Judge of Galveston County.0«)v««ton. Dec. 29, 18^1

Onficit OF THB )

RICHMOND A DANVILLB RAILROAD CO., J145 Bkoadway. Nkw York. Fob. 1, 1882. )

DIVIDEND.-A QUARTERLY DIVIDENDof TWO PKIl CKi\T outot the earnings iif this

Company for the quarter endinc December 'M, 1881,and un additional dlvldena of ONE PER CENT outof the profl s realized from the sale of Its VirginiaMidland Railway Company's Income bonds, will bepaid February 15, instant, to stockholders of recordin Richmond. Va , at the company's ofdce there,and to stocltholders of record in New York at theMBRGANTILK NATIONAL BANK,Tiiansfer books in New York and Richmond will

close on the 10th and reopen on the morning of the18th. W. B. TOBNBR. Treasurer.

NOTICE.THB LOUISVILLE A NASHVILLE BAIL-ROAD COMPANY declared this day a semi-annualdividend of THRKB PERCENT upon the stonk ofthe Company, payable on and after the TENTHDAY OF FBBRUARY. Dividends on stock regis-tered in tsew York will be paid at the office of theCompany, No. 62 Wall Street. The transfer bookswill be closed on the 14th day of January and re-opened on the 13th day of February.

C. C. BALDWIN, President.NIW YOBK, Jan. 7, 1882.

T^HK NATIONAL BANK OF THE RE--- PUBLIC, Niw York, Jan. 31, 18S3.

The Board of Directors have this day declared adividend of Four (4) Per Cent, payable on and after

Monday, Feb. 6, 1882, until which time the transferbooks are closed B. H. PULLEN, Cashier.

New York, Jan. 28, 1882.riAtTESTON HARRIiiBUUG & SAN" ANTONIO RAILWAY c;o. Coupons, due tbelat prcximo, will Be paid on and after that date atthe offloe-of Messrs. Drexel, Morgan A Co., cornerWall u>d.Broad Street*. New York.

T. W. PBIKCK, President.

rjHICAGO <& ALTON RAILROAD CO.

Chioaqo. Feb. 1. 1882.

NOTICE.—A cash dividend of FO'JB Per Cent onthe preferred and common stock of this companyhas been declared payable on the first day of Marchnext, at the ofQce of the company's agents, Messrs.

Jesup, Paton A Co., No. 52 William St., New York.

The transfer books will he closed on the llth Inst,

and reopened March 8, next.

C. H. FOSTER, Treasurer.

N«w York, Jan. 80, 1882.rpHE THIRTY-NINTH SEMI-ANNUAL-^ Cash Dividend of the Illinois Central RailroadCompany, being Three and a Hal! (SK) Per Cent onIts capital Stock, will be paid by the undersignedMarch 1,1882, to shareholders as registered at theclose of business on the llth of February, afterwhich and until the 4th day of March the transferbooks will be closed. L. Y. F. RANDOLPH.

TrMiorar.

Albert E. Hachfield,17 NASSAU STREET,

Deals IB InTestment Seenrltles andBonds Generally.

WANTED t

Indianapolis A St. Lonls Ists.

Columbus A Toledo Ists.

Jollet A Northern Ists.

Cincinnati Richmond A Fort Wayne Stock.

Cincinnati Hamilton A Dayton Bonds" WANTEDTO PURCHASE ALL CLASSES OF BONDS

or THECities o< Plttabnrc and AlleghenTt Fa., and

GEO.County oi Alleglieny, Pa.

B. HILL & CO., Brokers,

FITT8BURG, FA.

J.C. Chew,

No. 7 WALL STREET, NEW YOKK.TEXAS RAILWAYS,

BONDS, LANDS, dte.

Desirable Texas Seouritiea for Investment con-BtantlyonhaDd

.

ICountze Brothers,BANKE R8,

Broadway (Equitable Bnlldlns),iSO NEW YOKKLETTERS OF CREUIT AND

CIRCULAR NOTESiBBued for the use of travelers In

all parts of the world.Bills drawn on the Union Bank of London

Telegraphic traasferB made Ui London and tovariouB places In the United States,

Deposits received subject to check at sinht, and In-terest allowed on balances.

QoTemment and other bonds and investment »e-

Cttrtttei' bonght and sold on oommiciiion.

Car Trust Bonds.WB MAKB A SPECIALTY OF THE8B TltBt

BAFB 8BCUBIT1K8, AND BUY AND 8BLL 8AMBAT MARKET PRICE.WB OFFER A LIMITED AMOUNT OF DBSIR-

ABLE CAR TRUST ISSUES, ADDITIONALLYSBCLRBD BY THB DIRECT OBLIGATION OFTHK RAILWAY EQUIPMENT COMPANY.

POST, MAKTl.^l &I FINE STREET.

CO.

Oeo. F. Peabody. Fred. B. Noyet.

Spencer Trask & Co.,

BANKERS AND BROKERS,70 Broadway, New York City.

Transact a general Banking Busines*

Stocks Bought and Sold on Margins.

Interest allowed on Deposits.

Branch Offices,

Connected by Private Wire*,

PhUadelphia, 132 S. Third St., C. F. Fox.

Albany, N. Y., Maiden Lane, W. A. Geavbs.

I Saratoga, N. Y., Grand Onion Hotel.

xmukHUNT'S MERCHANTS' MAGAZINE,

RBPRESENTTNQ THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES.

(Entered, according to act of Congreas, in tbe year 1882, bj Wm. B. Dana A Co., in the office of the Librarian of CongreM, Wasblngton, D. 0.1

VOL. 34. SATURDAY, FEBRUARY 4, 1882. NO 867.

CONTENTS.THE CHRONICLE.

Tbe Financial Sltnntlon 123Oold Exports—The Cause andExtern 125

Our Foreign Commcroo 127Foreign Insurance Capit.nl .... 128Cotton Consunption and Over-landMovement to February 1 129

Financial Review of Jimnory. 130Tbe Debt Statement for Jan-uary, 1S82 132

Monetary and CommercialEngiiab New» 132

Commercial and MiscellaneousNews 133

Honey Market. Foreign Ex-cbange, U.S. Securities, Stateand Railroad Bonds andStockH 134

Bange in Prices at tbe N. Y.Stock Excbango 135

THE BANKEIW GAZETTE.vnilroad Earnings and BankReturns 136

(ioucral Quotations of Stocksnurt Bonds 137

luvesMuent.?, and State, Cityund Corporation Finances... 143

THE COMMERCIAL TIMES.Oommeroial Epitome 143 I BreadKtufts 152Cotton 148

IDry Goods 153

TBb Comjikbcul Aim Fikaitclal Chrokicle is issued every Satur-day/ morning, with the latest news up to midnight of Fiiday.

'•Entered at tbe Tost Olllcc, New York, N. Y., as second-class mail matter.]

TERMS OF SUBSCRIPTiON-PAYABLE IN ADVANCEiFor One Year (ineluding postage) $10 20.ForSixMonths do 6 10.Annual subscription in London (Inclndbig postage) £2 78.Blx mos. do do do 1 8s.

8ut>scriptlon8 will be continued imfil ordered stopped by a writtenorder, or at the pubtiealion office. Tlie Publtsliers cannot be responsibletor BenilttanecH unlcas made by Drafts or Post-Oflico Monev Orders.A neat tile cover is furnisbed at 50 cents ; postage on tbe same is 18

cents. Volumes bound for subscribers at $1 00.

lilverpool Offlce."

The offlce of the Cjihonicle m Liverpool is at No. 5 Brown's Build-ings, where subscriptions and advertisements will be taken at tlieregular rates, and single copies of the paper supplied at Is. each.

WIUJAU B. DANA. ) ^WILLIAM B. DANA $c 00., Publishers,lOHH O. FLOTD. i 79 & 81 William Street, NBW YORE.

Post Office Box 958.

TI££: FINANCIAL SITUATION.Wall street the past week has enjoyed iirst a heavy,

then a hesitating, and finally an active and strong market.

During all that time every home influence has been favor-

able. In fact, the country's condition at present is not in

accord with long-continued depression anywhere. Anoverflowing public treasury, rapid decrease of our public

debt as the monthly statement shows, great industrial

activity as reflected in railroad earnings, testify to a

general prosperity and buoyancy which is infectious and

exhilarating. Finally, our railroad officials, not only in

the East but now in the "West also, who were so lately

bristling all over for fight, seem, for the moment at

least, developing such lamb-hke proclivities as to give

promise of a conaplete railroad millennium. Some fear the

Greeks even bearing presents, bat the general disposition

is not critical.

In the European situation however, we have an influ-

ence which at one time seemed hard to withstand, as there

was fear lest it might seriously involve us. "We have nogold to lose, and those who do the thinking know it.

Hence the early nervousness here under the rumors and

-reports of Saturday and Monday. The first actual fact

announced was, that the governors of the Bank of Eng-

land had advanced the rate of discount to G per cent.

This was followed by the news that £924,000 had been

withdrawn for shipment to Paris, and that £360,000 kad

gone there on Saturday, these facts explaining the

sudden advance in the Bank rate. Then came reports, at

first doubted but subsequently confirmed, that the Union

Generale had suspended. Following in quick succession

were announcements of a break in securities on the Paris

Bourse, of a demoralized market for discounts in London,

and of financial excitement at Berlin, Belgium, Madrid

and indeed at all the European centres.

Of course the shock was at once felt here, causing an

advance in short sterling exchange, unsettling 60-day

bankers and rendering unsalable commercial bills. At

the same time reports were circulated that a large shipment

of gold would be made by the first European steamer, and

in consequence money suddenly became active and stocks

declined more or less sharply. Furthermore, in the after

part of the day the early report regarding the Union

Generale, which had been doubted, was confirmed, and,

there was a rumor also that the Bank of England rate

would be still further advanced in the morning; so the

day closed, much as it had begun, weak and unsettled,

with an undefined fear hanging over the market.

Tuesday the news was less disquieting. Perhaps the

circumstance which did most to reassure the public waa

the course of the Bank of England governors in not

raising further the Bank rate, although £142,000 were

withdrawn for Paris. This action, or rather non-action,

was interpreted as an expression of opinion that the worst

had probably passed. On "Wednesday, although the Bank

of England lost a further sum of £209,600 to Paris, and

the Bank of Germany advanced its rate of discount to 6

per cent, and of interest on advances to 7, the other newB

from abroad continued rather encouraging. Besides, the

shipment of gold to Eurepe, instead of being a large and

unknown quantity, turned out to be only $1,5.50,000

American coin and $275,000 British sovereigns and fine

bars, the sovereigns coming from Canada for that purpose.

The collapse of the Union Generale is a severe blow to

France. Unfortunately the sufferers, as a class, are not

professional speculators. The institution appealed to

Catholics for support ; they freely responded, not only

depositing their money to the extent of over 140,000,000

francs, but investing in the shares of the bank. The

stock was manipulated by reckless and unprincipled

operators in such a manner as long ago to excite appre-

hensions of speedy collapse ; but by bold maneuvering it

was more or less rapidly advanced, until finally, the

crash, which for some time had clearly been inevitable,

came with the results already known. As long ago as

124 THE CHRONICLE. [Vol. XXXIV.

the December settlement on the Bourse, over 100 per cent

per annum was paid for carrying over these shares.

Under such circumstances it is unreasonable to suppose

that any conservative banker, or any but the most reck-

less, would buy the property. The cable says that the

collapse was precipitated by the bank buying in its own

shares, and allegations of fraudulent management have

resulted in the arrest of the principal promoters.

The fact that the eventual collapse of this concern was

obvious for so long a time, would lead to the impression

that the damage sustained by Bourse operators, through

the general fall in prices, is comparatively light. And yet

these operators, although they w6re probably wary enough

to escape losses by the Union Generale, seem to have

felt satisfied that their particular enterprises would not

greatly suffer. So when the crash came, and it was

found that confidence in everything of a speculative

nature was for the moment destroyed, their frantic

appeals for aid appear to have set in motion the power-

ful financial machinery of the government, and to have

attracted to Paris the available resources of almost every

capital in Europe, and temporarily to have deranged the

finances of the world.

The Bourse settlement commenced "Wednesday and it

will not be ended until Monday. Payments will be due

on Saturday, and then will be known the extent of the

failures to adjust the month's transactions. At the momentof writing the impression prevails among the foreign

bankers who have Paris correspondents that the failures

will be few and that the settlement will go through with

comparatively slight disaster. The suspensions, it is

thought possible, may be confined to the class of morereckless operators, who will thereby pay the penalty for

their wild schemes. If such is the case and the settlement

is made without serious disaster, there will doubtless be

an immediate recovery in the other European markets, a

gradual restoration of confidence in Earis, and a speedy

ending of all suspense heie. With the improvement in

the discount market at London, which will follow the

removal of the cause for anxiety respecting the rate at the

Bank, 60-day bankers and commercial bills will becomeavailable. If the supply of these bills is sufficient, the rate

for sight sterling will be kept below the gold-exporting

point, and gradually exchange will resume its normalcondition. The events of to-day at Paris will, therefore,

be awaited with great interest.

The last occasion on which the Bank of England rate

was advanced to 6 per cent was October 16, 1878, in con-

sequence of the financial troubles resulting from thefailure of the City of Glasgow Bank on the 2d of thatmonth. Then the Bank of England had £23,354,145bullion, but the reserve was drawn down to £8,517,315and the proportion of reserve to liabilities was 27| percent. Tke rate of discount remained at 6 per cent untilNovember 20, when it was reduced to 5. Until the Bankof England gels back the gold which has been so freelysent to Paris a reduction in the rate of discount may notbe looked for. Some of the foreign bankers are of theopinion that tha bulk of the gold withdrawn has beenused to pay for stocks bought from the Parisians, and if

this is the case it may remain at Paris for some time.The conditions affecting the market for sterling are

thus, as will be seen, in such a state of uncertainty thatthe market is dull. Bankers are awaiting advices fromthe other side, and in the meantime are disposed to do aslittle as possible. While tke situation remains as it islong sterling and commercial bills are not offering, but itIS probable tkat as the market recovers tone thele billswill come forward more freely. The foUowing shows

relative prices of leading bonds and stocks in London and

New York at the opening each day.

Jan. SO. Jan. 31. *•<*.!. Feb.*. Feb. S.

lAmd'n N.T. Ixmd'n if.r. Lond'n N.r. hontVn N.r. Land'n N.r.price*.' pricet. pri£e«.* prUe». prices* prices. prices.*

117-59

prices.

118

prices.* prices.

n.S-48,c. 11882 nsii 117-84 mu 117-34 117M iis-as nsHC.S.^8 101-88J 102H 101-63t 102« 101-88; 102JI 101 -88J 102« lOl-fSt 102HBrie 40-26 40 S8-42 sm 3028 awa 89-77 88JM 1344i lSS-3-2 133 13404 135 185-88 13tH« lii-lO lUi^sN. Y. C. 131-21 130 128-64 128« 12937 ISO-i 180-97 131« 131-58 181XReading Sl-54-t 63 30-441 60HS 30'80t 62)i 81-52t 68 81-54 -f east

Bzch'gc,

cables. 4-91 4-91 4-01 4-91 4-91

• Expressed in their New T ork equivalent.+ Reading on basis of $50, par value.* Ki-inturest.

Note.—The New York equivalent Is b.ised upon tlio higliest rate forcable transfers, whicli ordinarily covers nearly all oliai-ges, such smInterest, insurance and commisftions.

The Bank of England return for the week shows a loss

of £1,629,000 bullion, all of which has gone to Paris, and

a further shipment of £53,000 was made on Thursday.

The proportion of reserve to liaoilities is reduced 7^ per

cent. The Bank of France reports a gain of 42,625,000^

francs gold and a loss of 2,150,000 francs silver. Thechanges in the Bank of Prance last week were incorrectly

reported by cable and should liave been a gain of 23,000,-

000 francs gold and of 3,000,600 francs silver. The fol-

lowing exhibits the amount of bullion in each of the princi-

pal European banks this week and at the corresponding

date last year.

Feb. 2, 1882. Feb. 3. 1831.

Gold. Silver. Gold. Silver.

Bank of EnglandBanltof FranceBank of Germany

Jl

18,77:!,174

29.IT8.9S2

6.7:U.412

>4.6-<o.568

.4.609.5(in

45.849,406

20,203,23t

J5,4?9,lit7

22,242,551

7,039,-J5()

54,741,001

53,57 1,24^;

18,428,683.

21,117,750-

Total this week 66,052,701

(>«.138.70j

69,546,432011,407,461Total previous week

ly The above gold and silver division of the stock of coin of theBankof Germany is merely popular estimate, as the Bank Iwelf gives noiuforiuatiou on that point.

Money on call has been less influenced by the disturb-

ing events of the week than was expected. On Tuesdayand Wednesday there was a sharp demand, which ad-

vanced the rates to a small commission each day, but thej

fell off before the close, and on Thursday money wascomparatively easy. The demand was doubtless lessened

by the short interest in the stock market, and there wasless shifting of loans than there had previously been.

The domestic exchanges remain about as they were last

week with a slight fall at Chicago, bringing the rate there

low enough to draw gold from this centre ; but notwith-

standing this the currency movement has been slightly in

favor of this city, as will be seen below. The Treasury

operations for the week have resulted in a gain (which

is a loss to the bank.s) of $501,507 71. The follow-

ing will show the extent of the interior movement for the

the week.

Receipts at and SMpmetUsfromN. r. Beccived. Shipped.

Currency «1,50 1,00011,000

$1,040,000Gold 240,000

Total $1,512,000 *1,'J-0,(X10

The change in the bank reserves, except so far as they

may be affected by including silver certificates, is indicated

below.

Jnio Banks. '>«(o/BanA» Ket Gain.

BuW-Treasury operations, nt t...

luterior moTemeat$

],.M 2,000

$501,5081.280,000

*$501.50823-2.0O0

Total *I..'i' .000 $1,781,508 *$le•'r^r>^

Fkbbuart 4, 1882.] THE CHRONICLE. 126

$1,300,000 gold w»8 taken from the vault of the Bank

«f America, the depository of the associated banks, on

Wednesday, for shipment toEmrope, and $1,250,000 more

was taken out yesterday.

As noted above, the stock market was unsettled until

"Wednesday by the news from Europe. Then there came

a recovery which was materially aided on Thursday by the

announcement that the passenger agents of the trunk

lines of railroad had agreed to restore rates from Chicago

to all points eastward, and also that the Pennsylvania

Company had receded from its position regarding Boston

buainess. This news caused a sharp rise in the trunk-line

stocks and gave an impetus to the speculation in other

properties, the prospects of peace inducing those who had

Blade speculative sales to cover their short contracts. Thus

far the settlement of freight rates agreed upon two weeks

«go seems to have been adhered to and arrangements are

nearly completed for the announcement of the Board of

Arbitration. The restored tariff on passengers will go

into effect on Monday, and doubtless it will be maintained

for the present at least. Among managers of Western

roads also there are evidences of a disposition to make

concessions for the sake of harmony.

One prominent feature of the market this week has

been a rapid rise in the stock of the Chicago & North.

western Railroad Company, based upon a revival of a

report current some months ago of a contemplated extra

dividend. Another feature has been an advance in Rich-

mond & Danville, Richmond & West Point Terminal, and

Columbia & Greenville—all of which are comparatively

new stocks, wore familiar perhaps to the promoters of the

enterprises and their friends than to the general public.

The decline in the Chicago wheat market in the early part

of the week was regarded as favorable for the railroad

lines, for it was expected that it would stimulate the

movement of grain to the seaboard. The decline in the

price of the staple has not, however, been of sufficient im-

portance to enlarge exports.

Government bonds early in the week moved in sympa-

thy with tlie London market to some extent, and the

recovery was aided later in the week by investment pur-

chases and by a report that the Secretary of the Treasury

would soon anticipate the redemption of bonds embraced

in the 107ih call which matures March 1 3th. The redemp-

tions at the Sub-Treasury since our last have been $18,050

of bonds embraced in the 105th and $571,750 of those in

the 106th call, leaving outstanding about $721,900 of the

former and $4,535,300 of the latter.

The payments by the Assay Office through the Sub-

' Treasury for the week amounted to $44,754. The

receipts by the Assistant Treasurer from the Custom

House were as follows.

DtUies.

Oimtitting or—Data.

OoUl.U.H. Silver Silver

ttota. Dollar: CerliJUala.

Jta. 37 ... 475,04& 97 $309,0OU $31,000 $ $133,000- 28 ... 6r.o.;<77 »s. 188,000 38,IXK) 1,000 163.000" 80... 5tl,9iil 8^ 321,000 28,000 163,000" 31.... 776.803 00 52«.0025.8jI 5r 9:;,191,0OC $3,000 $936,000

arise as to the probable extent of these shipments, the

ability of the country to spare gold, and the rcsaltt likelj

to follow if shipments to any considerable extent are

made. Opinion cannot go far astray in any of these par-

ticulars, if the actual situation of otir currency and com-

merce is kept steadily in view.

And first of all it is not true, as has been stated

tliat up to this period we have made no gold shipments

since we resumed specie payments. The fact is wehave twice already had our stock slightly diminished,

once in 1879 and again in 1880, but neither move-

ment was caused by any financial disturbance abroad.

In the former case it was brought about by the paymentof our Government bonds held in Europe during our

refunding operations. On March 3d, 1879, sight ex-

change, which had been slowly gaining strength movedup to 4-90, and during much of the spring and up to and

until the 24th of June, it was at or near that point; as

a consequence our gold coin and bullion exports for the

three months ending June 30, 1879, reached about

$1,718,000 net. That was, however, a simple and profitable

financial operation. We put a higher value on our debt

than Europe did, and paid it off to such an extent as to

cause an outflow of gold to the amount stated, notwithstand-

ing the trade balance in our favor during the same three

months was over 35 million of dollars, and for the year

ending on that day 265 million dollars and for the calen-

dar year of 1879 2b\\ millions. The following statement

compiled from the monthly figures of the Bureau of Statis-

tics presents a clear exhibit of these facts.

1879.

January.. ..

February—MarchApril ..

MayJuneJulyAugustSeptember.

.

Oct ber.. ..

Norember...December...

Total.

MerclvindiM.

Export*. Import*.

59,409,1W' 33,915,940'

W,8a8,737[ 35,373,419i

(16,154,745 41,866,611

54.341,a«2J 42,186,101

5^,365.260

45,086.081

50,031,856

58,680.968

65,444,056

87,7S8,9S9

79,304,065

BxetuofExport*.

t

25,893,551 274,7 7

29,459318 137,986

24,296,134 1^8.500

12,205,'i«l 170,894

35,378,0461 16,979,214 185.225

6,204.680 143,338

9,644,349 251381

:

43,082,7«9| 15,59«,199 6,723,'t:3

41,224,878 21,219,177 27,528.0«a

47,789,142 39,914,867 19.178.081

38,890.451!

41,287.5071

OoM.

Import*. Export*.

50,467,271

80380,003j 89,602,»<ll

765,150,826 513,602,796 251,607,029 78.787,91

28336,794 17,423.834'

21,277,042' 6,Se2,65'i

*346,000

116,613

76,983

428,310

.<I50,003

i,4.'|y,oeo

319,779

350,fl64

1.12.443

2H5.sa«

106,999

134,768

Exct** ofImpftrt*.

t•71389

21378111,616

•267,416

•194,7W•1,295,728

•96,366

6,87 -•.649

27395,83018.892,805

173173356,427383

71,652,4SS

GOLD EXPORTS—THE CAUSE AND EXTENT.The advance in sterling exchange to a point which has

started an outflow of gold, and the continued feverish

condition of foreign financial markets, have served to

disturb confidence here under a revived fear of losing

oar specie reserve. Very naturally, therefore, questions

• Kxcess of exports.

igp- During the year 1879 we exported $21,701,.'>52 silTor and Imported $14,425,017, leavluK a net silver export of *7..'7ti,533. So far

aa this was bullion it sliould reallj^ be added to tlie net merchandise ex-

ports.

The other case was quite different, but the facts are

equally familiar to our readers. Resuinp'.ion gave stability

to values, and confidence quickly followel; with con-

fidence our industries and commerce re^-iv <J to such a

wonderful extent, that the contrast by thi laitor part of

1879 with previous years was so exhilarating, a.H to throw

us into a wild, feverish speculation in c«)m n xlitiea which

culminated early in 1880. As a re-ult of speculative

prices, our merchandise imports in M ircb anil April of

that year were over 70 millions each mouth, iu the aggre-

gate for the two months nearly equallin-j our exports, and

for April exceeding them by $3,800,000; excha-go went up

from 4-80^ in November, 1879, and 4-814 *>"' "' January,

1880, to 4-89 in April, while for a considerabl« portion of

May and June it remained at 4-90. In Mitch we made

several small gold shipments from Now YorK. though tho

net for the whole country during that montU shows a loss

of only $274,499. This was enough, however, with the

continued high rales of exchange, to miko the public

realize the situation, to break down inerciiandise values,

and to quickly reverse the current of our foreign trade.

We see these events clearly indicated in the f»'.lowing

t statement.

126 THE CflRONU^LE. [VOL, XXXIV.

12^0.

Februarj ...

UarobAinUlUyJanaJulyAaiputSeptember..Octottar.. ..

KOTemt>er..Deeember ..

Total..

JltTchajidtse.

Exports-

SC«,(i97,:73

M.OWJ.S-;.'!

;7,350,1M7

-0.680,538

66,060,477

72.133,304

7.' .015,889

e»,iea,658

71,239.897

86,'187,851

83,00!),.a0

08.890.814

.18^,683.423

Imports.

>65.208,483

65,647,471

70,886,;81

;4,366,453

84,876.6,«0

60,514,563

67.304,983

68,265,063

53,228,651

64,033,883

47,108,894

47,376,088

696,807,176

Export*.

»11,7,'«,985

4.909,203

0.463,986

+3,805,917

789,797

11,617,741

13,710 58'

10,937,893

Cold.

Jmporta.

I796.568

484,473

892,180

166,433

123,580

6:8 272

d44,330

9,145,390

17,997,84618,846.998

31,663,571 1 16,280,058

88 899,2981 V.665,391

51,814,629i 16,606.036

1W,S7«,848, 73,644,61/8

Bxports.

i~23fS,205

149 613

1,1 88,678

89.193

108,497

Ml,36161.888

00.909

80.914

169,871

220,759

168.574

3,0(;2,4".9

Eixesft o]JmporU

(569,383

8:4,381

•274.409

77.240

17,083

108,91!

183.444

9,084,481

18.766,084

: 6.088,187

9,334,632

16,347,452

70,582, iSH

•Kioeas of exports. + ExceBs ol ImportB.

^Exports of Bilvcr In 1880 were $12,983,142, JmportB $11,644,525,

leftvlng the net exports $1,338,917.

We recall these facts because they help iu some

measure to answer the questions of to-day, the situation

at the moment partaking in part of both these periods,

and yet being in some particulars dissimilar. In the first

place, however, it is evident that although speculation has

been in progress since last summer in some of our staple

products, yet there is no general speculation in commodi-

ties now. On the contrary, our import business is in a

healthy condition and our miscellaneous exports free and

large. Hence, if our crops had been as abundant as in

1880, our present trade balance would, other things being

unchanged, be sufficient to meet even the existing emer-

gency. In another column we review the trade figures

for the calendar year. Under the circumstances they

forcibly illustrate the truth of these statements and the

healthfulness of general business during 1881, even for

December the merchandise exports being nearly twenty

millions in excess of imports. That our readers may have

before them the evidence of these facts, we give the

following summary with which they can follow the

monthly movement for 1881, and thus completing the

record for the three years.

1881.

JannaryFebmiuT....

MuchAprUMayJobsJuly c

AuAttst

Eeptember.

.

OotoberKovember..December..

,

ToUl.

ilerchandUe.

Exports.

t74.078,062

8T,T33,807

85,068,791

70,8*8,613

61.140,179

68,450,279

63,033,615

67,514718

02,491,879

88,018,616

70.069,870

77,0118,408

Imports.

$43.384,858

47,759,493

80,709.174

59.179.014

05.503,722

88,920,809

52,422,079

81,731,293

55,713,802

68,068,630

56.658,300

67.215,630

Ejxess 0/Nxports.

t28,794,104

19,974.314

24,3J9,63D

11,706,00!

8.636,457

4,529,470

10.610,936

5,783.428

0,777.577

9.030.026

13,411.461

19.783.885

833,814.129 670,117,908 183,39e,2.'e 60.395,592 3.803,543 57,792.049

Imports. Exports.

i4,739,902

677,478

7,168,748

15,351,980

1,315,777

82i,155

750,852,

6,427,106

10,000,641

8,295,490

3,089,202

2,728.173

«30,415

271,379

ieo.786

88.503

614,49

610,548

112,381

178,818

14,8,100

170,041

97.124

108.08-1

Excess ofl-mports.

«4.709,487

300,099

7,005,960

18,283,387

701.279

•294,393

638.491

5,248,818

10,512,475

8,118,840

2,962,078

2,020.089

* Bzceaa of exports.

E^In 1881 we exported $17,063,271 silver and Imported $8,595,645,makioK Uie net esporte $8,467,629.

Another conclusion which is evident from the fore-

going is that the United States, although the figures

show a large excess in exports, could not have hadop the first of January any considerable balance standing

in Europe to be drawn against. There is anunknown quantity for freight to be charged up to help

balanee accounts ; another for credits to Americantravelers over and above similar European credits

;

another for interest and dividends on our securities held

abroad; and then still another item probably for underval-

uation of imports. Allowing for all these debits, it wouldseem as if the trade movement had been fully settled

for. This conclusion appears reasonable, from theb«Bt estimate one can make for the items named.Then, again, it finds very strong confirmationin the condition of accounts last year. Of course,

6 baltoo* in international commerce does not stand unset-

tied. For insUnce, the 251 miUioni of 1879 has been

liquidated; so has the 192 millions of 1880. With regard

to the latter year the 192 millions (plus a net export of i

about $1,400,000 silver) was paid first by a net import of-'

7 0:J- millions gold which left the nominal balance about'

123 millions. In 1881 there was a net merchandise

export of 163 millions and a net silver export of 8^ mil-

lions (total 171^ millions) which has been paid by a net''

import of about 58 millions gold, leaving the nominal

balance about 114 millions in J 881, against a nominal

bailance as stated of 123 millions in 1880. The sim-

ilarity of these balances, which is even more marked

if we make allowance for the changes in the hold-

ings by Great Britain of our securities during the two

years, makes it quite obvious that it takes an

average of somewhere about 115 millions to fully cover

the items named; and hence although last year's apparent

excess in our favor is large, it has all been liquidated.

On the other hand, however, it is equally clear that these

trade accounts up to January first furnish no basis or jus-

tification for any considerable export of gold, and that we

must therefore look elsewhere for the cause of the

present movement if we would attribute it to anything

more serious than a temporary impulse.

Such a cause, some think, is found in the trade

movement since 1882 began, the claim being made

that the trade conditions are now reversed, and

therefore that continued gold shipments are likely

to be required. This conclusion is reached from the

fact that at New York, compared with 1881, the

January imports have increased somewhat, and the

exports diminisLed, while as to the coming six months

it finds some support in the apparent smaller stocks of

our staple products we have this year remaining to be

exported. By stocks we do not mean the visible supply

alone, but the total surplus left for shipment in sight and

in farmers' hands. For instance, up to last Saturday, we had

shipped, within 541,000 as many bales of cotton as at the

same date a year ago, so that as much as the crop is less than

six million bales the cotton exports after January 27 must

fall below last year. Of wheat we had in sight 28 million

bushels January 29, 1881, whereas this year, at same

date, there were only 17| million bushels in sight. With

regard to wheat higher values will go far towards making

good this deficiency in quantity, but for cotton the quota-

tions were about the same January 1 of the two years.

The articles that come under the head of provisions are*

also claimed to be in short supply, but prices are all better.

It will thus be seen that there is force in these

suggestions, and yet there are some very materia)

facta to be remembered in explanation. And one of

first importance is, that the comparison made with

1881, is with a year when our trade was so very fav-

orable that we imported 27 millions of gold during the

first four months of the year. Consequently, other thing?

being equal, we canafiord to lose 27 millions of our favor-

able balance, and still not be required to ship specie.

Then, again, how far stocks are less now, is wholly prob-

lematical. Grain is at present coming in at the Western

towns very rapidly; corn much in excess of a year ago,

and wheat also in much larger amounts. That this

favorable comparison may possibly continue, may be

inferred from the fact that for the first six months of 1881

the movement of grain from the producers' hands wae

somewhat less thaa during the same months of previous

seasons, California also is likely to ship its entire

surplus of wheat this year, while last season it carried

over a large stock. These conditions, together with the

further extremely significant fact that higher values are

being realized, encourage the presumption that our

FEflnP4'«» S '.''^-•1 THE.CHEONKJLK 127^

exports tJio next Bix moaihs may not comparo uufavorably

with 1881.

Whilo this review of the conrlitions attending the ptesent

export of gold brings us to tho concluaioa that it i3 not

likely to continue to any considerable extent, the facts

presented must impress tho reader with a sense of the

dehcaoy of the situation. Any speoulativa action during

the next six months which would add materially to tho

import movement, or obstruct exports, leaves us in the

position whore wo must send to Europe either gold or

leourities.

OUR FOREIGN COMMERCE.Tho speculation in our domestic products having

remained unbroken, the returns of our foreign commerce

for December show just such results as were to bo

expected. The merchandise excess of exports over imports

was only $19,782,835, against $51,614,529 in December,

1880. But notwithstanding thia smaller balance in our

favor, the statement cannot be regarded otherwise than sat-

isfactory. And this is especially evident if we remember that

in comparing with the previous year we are comparing with

an exceptionally favorable period. Probably never before

was the merchandise excess of exports so heavy as in

December, 1880. Certain it is that the exports in that

month—$98,890,214, or at tho rate of almost 1,200

millions a year—were the largest on record, and tho

imports were smaller than they had been in any month

since October, 1879, with the single exception of Novem-

ber, 1880, when they were only a trifle less. A fairer

comparison, therefore, would bo witti December, 1879,

when the balance in our favor was .$21,277,042, differing

from that of December, 1881, by only about 1 J millions.

The following shows the movement at each port for De-

cember and the twelve months, in 1881 and 1880.

BXrORTS ARD IMPORTS OP MEHCUANDISE AT V. 8. PORTS.

Sxportt (Domettieand Foreign.

J

New YorkMewOrieaDSBattimoreBoatonPhiladelphiaBan Piiiiici.ico

All other vorta

Total.

Tmporlt.Sew YorKMew OileausBaltimoi-eBoatonFlilladolphiaBan FranclHoo . .

.

AU other porta...

1881.

December. \SineeJan.l

S I $:n ,230,354 373.102,<)530,403,0703,076,'/ 1

4

4,924,.10()2,>i56,7116,4'2l,012

1 a, 116,204

77,028,165

40.799..10697a,738

1,223.4514,5V!0,2731,823.83S3,2(>4,!I53

4,634,071

90,.505,225.'>.7SO,79:70,4(18, M7S-41.'22j,:iCi47.4tl'i.ll

155,022,7,ji

833,514,129

4,13,.54212.18210.278(i4,71t)

2!),7((2

38,45155,184

,013(i92.il47

,010i;9.

301

1880

December. Since Jan.l,

35,017,68215,771,2866,795,9777,348,1142,926,0>Jo3.274,.') 10

27,75U,530

1)8,890,214

31,G.'1,3.561,343,0001,334,331)3,938,«4>5l,773,00ii4,1211,8613,208,46(i

$416,062,772102,749,22774,41(1,06967,b38,29646,647,21829,22.-1,261

t.''.2,750,579

880,683,422

4S0,127,04211,661,24218.637,59208,649,08338 933,83237,300,62441,4;<7,761

Total 57,245.6,10 670.117,90o 47.375.68ri 696,807,176

The loss here shown in the December exports is in part

accounted for by the falling off of $4,826,115 in the value

of the breadstuffs exports and $2,892,809 in the provi-

aions exports, but chiefly by the diminished shipments of

cotton, there being a contraction in the movement of the lat-

ter article of 244,182 bales, only 483,113 bales having been

sent out in December last year, against 727,295 bales in

December, 1880. Comparing tho exports with those for

1879 instead of those for 1880, we have in place of a de-

crease of 22 millions, a decrease of only 3| millions. In

the same way, if we compare the imports with those for

1879, we get a decrease of m(jre than 2J millions, as

against an increase of almost 1 millions when comparedwith the figures for 1880.

For tho year the value of our exports exhibits a falling

o3 of 56 millions, which is more than accounted for bytho falling oflf in tho breadstnffa and provisions exports.

It is scarcely necessary to say that all this decrease, andmore, occurred in the last six months of the' year, and that

tho first six months showud an increase over 1880. Theresult in the latter half was influenced almost wholly bythe diminished crops and the speculative manipulation of

tho prices of our chief staples of export. The itnporu for

the year were a littlo less than 27 millions smaller than in

1880, when they were very largo by reason of the heavyimportations in the early part of tho year. The move-ment in imports was just the reverse of that in exports

—

the first six months recording a decrease and the last six

an increase, this being due to the unequal distribution

between the two periods of the imports in 1880. Thoughsmaller than in tho previous year, the imports in 1881 wereyet very much larger than in 1879, the figures standing

thus: In 1881, $670,117,903; in 1880, $696,807,176 ; in

1879, $513,602,796. The exporte also were much larger

than in 1879. In that year their value was $765,159,825;

in the next, $889,683,422; and in 1881, $833,514;129. Thegold currents, as governed by these varying trade balances*

are set out in an article on a previous page. The subjoined

statement exhibits the part borne by the provisions andbreadstuffs exports in the total exports at each port.

EXPORTS OF BBEADSnjFFS ADD FROTlSIOXg FROH I.BAI>D(0 PORTS.

JBreadttiiffi.

New YorkNew Orleana. .

.

BiilttmoroBoatonPUiladolphln ..

Ban Praucisco.,Other ports

Total.

Provltiotu, lie.

New YorkNew OrleansBaltimoreBostonPhiladelphiaBan Fraucleco....Other porta

Total.

1881.

December. Since Jan.l

5,141,00561,212

1,582.591646,452289,613

6,100,589078,606

13,800,1^8

9,325,92816.52781,293

2,119,659965,03434,772

438,765

12,981.978

97,634,9969,808.009

35.291,39915,013,51416,376,22333,869,28116,12.M38

224,118,560

91,636,522178,090

4,456,70124,852,2467,700,833384,149

4,120.698

133,329.242

1880.

December, Binee Jan.1,

8,246,553542,366

3,952,2191,596,6101,204,8382,201,797881,860

18,626,243

10,747,08123,148

1.042,3832,893,143725,34130,084

407.607

15,874,787

132,190,52412,001.19451.747.47816,081,71120,057,29418,585,33119,273,325

275,936,858

102,619.007172.067

5,411,09523,871,9777,370.412438,391)

3,099,593

143,882,570

In provisions New York appears to be the c^ief sufferer,

with 11 millions decrease. Baltimore sustains a loss of

about a million, but this was made entirely in the last

month of the year, when the exports dwindled from

$1,042,383, in December, 1880, to only $81,293 in

December, 1881. Perhaps the railroad war may have had

something to do with this extraordinary diminution.

Boston and Philadelphia were enabled to increase their

exports of provisions, the former—which stands next to

New York in thia business—by almost a million dollars.

In the breadstuffs exports every port shows a decrease

with the exception of San Francisco, and the reasons for

the gain there we have repeatedly referred to. It may be

well, however, to call attention to the increasing import-

ance that San Francisco at present holds in this respect.

Tn 1880, its exports of breadstuffs were only $18,585,331,

and it occupied fourth place, being preceded by New York,

Baltimore and Philadelphia. In 1881 its exports had

risen to $33,869,281, and it was a very good third and

less than one and a-half millions behind the second, Balti-

more. But it is in the December figures that we see the

full importance of San Francisco at the moment. In that

month its breadstuffs exports were of the aggregate value

of $5,100,589, while those of New York were only about

$40,000 more, and those of Baltimore only $1,582,591 alto>

gether. But prices being so much higher in New York

than in San Francisco, these figures do not afford a cor-

rect indication of the relative standing of these two porta

as respects the quantity exported.

Turning to the detailed statement we find that while

New York shipped to foreign ports in December only a

little more than two million bushels of wheat, tho ship-

ments fro San Francisco amounted to almost 4,600,00l(

128 THE (^HRONICLK (Toi. XIXIT.

bushels. San Francisco's shipments averaged a trifle less

than a dollar a bushel, New York's about $1 41. In

flour the same disparity in price is observable, San Fran-

ciBCo's 105,223 bbls. standing at less than five dollars a

barrel, and New York's 214,853 bbls. at more than six

dollars. Taking all the ports together we find that be-

sides the falling ofi in wheat exports there was in De-

cember a heavy decrease in the export of com and that

of flour. For the twelve months the export of flour does

not vary much in the two years, but both corn and wheat

show a very decided diminution, the former largest in

quantity, the latter largest in value. This is brought out

in the annexed table.

8XPOBTS OF BREAD8TDFF8 DURING DECEMBER, AND SINCE JAN. 1.

December.

Barley bnsh.Com buBli.

Corn-meal I)bl8,

Oats l)U8h.

Kye hush.Wheat l)U8li,

Wheat-floor ... bbls

Total.

Siiiee Jan, 1.

Barley bush.Com biisU.

Com-meal bl))8.

Oat« bush.Kye bu.<h.

Wheat bush.Wheat-flour . . .bbls..

Total.

Quantity.

1»81.

1.^,5662,210,937

27,92319,14116,147

8,389,340404,178

223,00472,474,401

401,385.51'«,63.5

985,007118,203,990

6,715,837

1880.

4,2964,001,804

29,45611,313

129,8519,667,090887,078

1

1,247,599113,655.229

385,246553,422

2,352,283143,635,365

6,763,165

"Value.

1881.

11,731,582,128

92,48610,83915,061

9,630,8632,456,414

13,800,128

146,34743,848,2821,243.738241,860

1.045,978137,949,24139,643,114

1880.

2,0732,362,739

89,2105,760

127,76810,912,1785,126,515

18,626,243

811,98561,76S,S071,129,785248,594

2.165,957170,577,93439,233,797

J224,118,560 275.936,859

As respects both December and the full year, there is a

decrease in quantity in the exports of provisions and

dairy products in every item except cheese. Notwith-

standing this decrease in quantity, however, there are

a number of items that show an increase in values,

on account of the higher prices ruling in 1881. This is

forcibly illustrated in the case of lard. Although in vol-

ume there is here a diminution of over one hundred million

pounds, the value of 1880's exports of this article is main-

tained and even slightly improved upon. The following

table shows the details for December and the year.

EXPOET8 OF PROVISIONS, *C., IN DECEMBBR, AND gINOB JAN. 1.

December.

Beet, fresh andsalted

Bactin and hamsJ.aidPorkTallowButt«rCheese

Total.

Since Jan. 1.Beef, fresh uudalted

Bacon and hamsLaidPorkTallowBatterObeese i.

Total.

Founds,

1881.I

1880.

10,267,84963,262,74130,571.1009,6r)0,9774,425.570751,995

8,990,932

139,328.039007,940,198310,195,47894,428,767• 9,115,74 321,290,92

140,357,826

16,932,9619i»,529,77340,739,52813,941,6896,78.>,7311,384,3438,823,730

146,141,857815,902,414413,741,4'i79-'. 135,103

115,069,^1837,4*^0.477

136,366,225

Talue,

1881.

942.8546,158, 12;i

3,496,617867,663339,089136,9H5

1,040,647

12,981,978

12,498,78554,954,43433,525,7107,8H9,1364,SH1,4894,072,sl-15,506,871

1880.

$

1,407,1847,956,3793,6-22,9.J71,027,782491,605283,530

1,085,350

15,874,787

11,850,30260,512.13133,519,0756,866,7698,244,9557,340,315

15,519,023

against 2,869 millions dona by seventy-eight New YorkState companies, and 2,057 millions by fifty-two other-

States companies. In 1870, the risks written by the

foreign companies averaged 98 millions each, against 27

millions each for the 166 others; in 1880 the twenty-two

foreign companies did 99 millions each, against 31 millions

each for the others.

During 1881, the Standard, and the Firo Assurance

Association of London, and the Metropole of Paris,

have come in. The City of London also came in, but too

late to be included in the figures. This is also the young-

est company, having been organized no longer ago than

last February, with a subscribed capital of a million ster-

ling, of which 10 per cent has been paid in. Its £10shares were to be paid 5s. on application and 5s. on allot-

ment, and lOs. soon after, the remaining £9 being expected

to remain indefinitely; the shares were all taken up onthe first day. The prospectus stated that not a share in

the oflScial insurance stock list was then quoted except at

a premium, and gave some examples: the County, £10paid, and recently increased from profits to £80, selling at

£112 per share; the Norwich Union, £12 paid, selling at

£112; the Imperial, £10, increased from profits to £25, sell-

ing at £155; the Sun, whose stock has all been repaid from

profits, selling at £460. The London Reviete, an insurance

journal, about the same time gave the following table as

showing the success of the principal companies.

1133,329.2421 143,882.570

FOREIGN INSURANCE CAPITAL.The retiiement of four of the weaker class of insurance

companies in this city, since 1882 opened, naturally directs

attention to the gradual increase in the number offoreign companies openly doing business here. At thedose of 1871, there were six foreign companies,with $8,640,224 assets reported as held here, authorizedto do business in this Stat«, while at the close of 1881there were twenty-five companies with assets held here of$30,032,716. In 1870, the business of the five foreigncompanies (the Royal's business here not being reported)did not quite amount to 489 millions, against 2,814 millionsby 101 New York State, and 1,69S by 62 other Statessompanies operating in this State; in 1880, the twenty-two foreign companies did 2,181 millions of business,

Scottish UnionUuarrtian (1821)Imperial (1803)Norwich Union (1797)AllianceRoy.il ExchangeIxnidon AssurancePhoinix (1878)London & Lancashire (1862).Commercial Union (1861)Queen (if^5^)Northern (1836)Liverpool Lon.A Globe (1836)N. Brit. & Mercantile (1809)..Koyal (1815)

InterettIncome,1879.

£18,11058,86350,54618,69815,99184,00753,28036,81511,14544,72031,5J451,47381,0657-1,45162,671

Dividend!in

1879.

£42.38590,00084,00055,00082,5(i0

137,843107,586131,07915.47550,00037,50660,110098,25690,1 00120.644

BusinettProflU,1879.

33,60751,617112,216711,89772,470

iy4.<>6497,9 1 2

lJ2,-i6362,1057-.23d47,21460,85S

241, 39143.54919..',9o4

Profitsafter

div.paid

£9,332

20,48078,79234,59535,96170,22843,60628,59957,77572,59641,25252,481

224,548125,549155,011

Comparing the business done here by the foreign com-

panies with that of the American, in 1880, we find that 41

of the 78 companies of this State expended more than

their income, as did 19 of the 52 other-States companies

operating here, but only two of the 22 foreign companies

did this; the excess in case of these was but $22,316, less

than one per cent of the excess of income, while the excess

of expenditures was about one-third and one-fifth as large

as that of income in the other two classes of companies

respectively. The New York companies averaged 0-75

per cent of premiums to risks, and the other-States com-

panies 1-01 per cent; the foreign ones, 84 per cent.

There were only two of the 78 New York companies

which averaged as much as one per cent, and one of those,

which obtained the highest rate (M9). has since retired

from the field; 24 of the other-States companies averaged

one per cent or more, the highest being 1 39; 7 of the 22

foreign ones averaged one or over, and 0-65 was the

lowest, while 17 companies in this State averaged less

than 0-50, 0-24 being the minimum, against 0-50 in the

other-States companies. Of course such a comparison as

this is only conclusive in a very general way, for the

average premium is determined by the average class of

risks as well as by the average obtained on each class; but

these contrasts serve to illustrate the admitted fact that

the foreign companies have been doing not only tho

relatively largest part of the total businetb but also th«

most successful part.

The preference of the public for the foreign companiei^

80 far as such preference exists, is probal ly due to their

FsnncAny 4, 1862.1 THK CHRONICLE. i^aize, that boing an advantage to them in compotitian, just as

there is a preference for the largor homo companies; experi-

ence bas shown clearly—what the principle of average de-

clares—that a large line of risks, well distributed, is essential

to the best success. Foreign capital has been greatly

attracted by " underground " business, which consists in

obtaining insurance (in foreign companies not directly rep-

resented here), both by individualproperty owners directly

' «nd by homo companies in tho division of large ri.sks

Of course, nothing can prevent tke property-owner from

making suck contracts, only ho takes his own chances of

difficulty in case of loss ; but it is not probable that the

premiums thus paid have keen sufficiently high to stimu-

late the entry of foreign conapanicp, because the companies

doing such business would naturally compete sharply in

rates, relying upon their non-responsibility at law in case

they sliould get into a corner. Hence the underground

business probably did more to attract companies hither by

simply advertising the existence of an unsatisfied demandthan by tempting in rates.

Unwise legislation at home, shaped by the usual "pro-

tective " pattern, is more reasonably chargeable with

having attracted the outsiders. The root of tho matter is

the insufficiency of insurance capital here to cover the

enormously concentrated values in our large cities. For-

merly, companies of this State met that difficulty bytaking large lines and reinsuring where they could, and

regard for their own safety would obviously be a bondthat they would be reasonably careful to select substantial

companies; but the law of June 7, 1879, forbade rein-

surance in companies not authorized to do business

within the State, thus greatly stimulating undergroundinsurance. At tho same time^ another law prDhibited

»ny entry of foreign companies unless they hadSt least as much capital as was required of home companics, $200,000, and also unless their capital was fully paid

in in cash . This was a direct thrust at the foreign companieswhose custom is known to be to leave a large capital oncall, and it naturally suggested to foreigners that a field

80 carefully barred must be very desirable. But a later

law (May 27, 1880,) abandoned this restriction, by permit-

ting a paid-in capital of £100,000, or $500,000, to pass as

sufficient.

, The foreign companies have no secret of success, other

J,than lies in the securing of ablest meu and in a better

.^•dherence to the lines of safety. Their coming is desir-

.Able, for although not all will stay and not all will succeed,

they will raise rather than lower the av.rage line of

practice. The 104 companies of this State in 1870 were77 in 1880, and are 71 in 1882. The process of extinction

is curative, and better than statutes; it will correct its

own causes and check its own course, if let alone, as is

always done where natural forces are left free to act.

eOTTON CONSUMPTION AND OVERLANDMOVEMENT TO FEBRUART 1.

We are able to-day to bring down our overlandmovement to the first of February. Thi.s statement is

interesting, as it shows that the same causes which havechecked the movement at the ports has had even a moredecided influence upon the rail shipments direct to mills.

OVERLAND MOVEMENT TO FKBRUABY 1, 1882.

The gross rail shipments are still in excess of last sea-son. Tke gross during the month of January was 108,693bales against 136,229 bales for the same mouth last year, adiflerence in favor of 1880-81 of 27,536 bales; for thefive mdnths of this season the gross figures reach'66,223 bales against 648,327 baloa during the corre-

sponding period o' 1880-81, sn increase this year of1 17,895 bales. The nit figures show a decided falling off,

being for the month of January only 13,768 bales against

58,150 bales last season, a decrease of 44,388 bales ; this

makes the decrease during the five months 37,011 bales.

The details for the five months, this year and lasfyear,

presented in oar usual form, are as follows :

OTBKLAND KROM BKPTEMBCB 1 TO rSBKITABT 1.

1881-82. 188(>-81.

Since September 1, thipped—From St. Lmilg 241,663

4.288

113,929

83,86012,511

0,5.231

l.'?,715

72,06141.745

97,927

9,991

9,15)

221,943

30,77492,423110,79012 594

Over Ullaoia CentralOver Cairo A Vincennof)

Over the Mississippi Blver, above St. ItOOlsOver EvansvlUe & Terro Iliuito

Over Jeff jrsonvlllB .Madison & IndiaoapoltoOver Ohio & Mississippi nraiich .. ..

94,941

27,35630,545^Over rx)ulflvllle Cincinnati & Lexington. .

Ruceipts at Cincinnati by Ohio River 21,30755,97918,136

8,514

Reccipto ot Cincinnati by Cincinnati SontlioniOver other routes...,

Shipped tomiUs, not included above

Total gross overland 766,222 618,327

Deduct—Recoipta overland at New York, Boston, &oShipments between (or South from) Western In-

tericr towns

326,510

4,85C

10,796

11.910

66,375

2,99-

5.50

213,003

9,192

681V

Shipments hUand (not otherwise deducted) from—GalvestonNew Orleans 173Mobile 40,025SavannahCliarleston

North Carolina ports 8,10»7,220Vii'ginla ports...

TotAl to be deducted 4-28,94 273,408

Leavine total net overland* 337,27- 374.919

* This total includes shipments to Canada by rail, which since Sept.1, 1881. amount to 23.U74 bales.

RECEIPTS, EXPORTS AND SPINNEBS' TAKINGS.

In the receipts at the ports we have made another large

addition for omissions in the Virginia movement fromports other than Norfolk. The receipts now reach

3,741,549 bales, against 4,025,800 bales for the sameperiod last season, a difierence in favor of 1380-81 of

234,251 bales. The exports to foreign ports show afalling oS during the month of 83,110 bales, and for the

five months the total is 1,959,421 bales, against 2,525,826

bales during the same months of 1880-81, a decrease this

season of 566,405 bales. The stocks at the outports are

now 297,811 bales greater than at the same time last

year, and at the interior towns the stocks show an excess

of about 90,000 bales. We give below our usual table of

receipts, exports, &c.

Mmtnn't fromSept. 1, 18SIto Feb. 1,

1882.

Q<alvcston ..

Ind'nola, &vNew Orleaus.MoliileFloridaSavannah . .

.

Br'iisw'k.&cChailestdu . .

I't.I{oyal,&oWilmington .

Mor'h'(ic,,l!CNorfolkOityP'nt.Jti-New York...BustonBaltimore . .

.

PhiUidol.,4c.

Total

Tot4in830-81

Receiptssince Sept.1,188

347.01 ti

12,.=>8

984,82214, 1.-.:

2J.223620.73(1

<>.8-^l

42I.6JI18,921

117,:(8.(

19.699470.3(>.158.31117.731Ilti.iu;17,-lBO45, 11:7

1,741, -.ll-

1,025,800

Ejcported since Sept. 1, ISSl. to—

OreatBritiiin."

93.828

315.6.5215.ii9ii

3.900101.623

100.C8.>9.i77

46,910

209,715

]8ii,9(.l

(19, 17'^

3 1.K50•J0.90ti

1,227.43.".

1,»15,!)7C

France.

13,777

167,4616,313

15,436

18,287

"i'.i'so

"2,586

241,440

320,56-l

Contl-nml.

42,117

137,2111,131

137,579

96',22'5

"7,712

13,846

38,0011

20,52620U

490,516

Tot<il.

149,722

620,32422.5403,900

234,632

215.1979,277

56,082

228,165

241.12769.17360,17629,106

1,959,421

589,280 2,525,826

StoektPtb. 1.

93,154

381.84941,035

91,692

73,0123,3228,904

45,601

331.0639.470

37.20015.791

1

838,192

' Qrout Britain exports Include to tbe Channel.t Total stocks, 1,135,203.

Using the facts disclosed by the foregoing statements,

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

a market through the outports and overland, and the

Southern consumption, since September 1 this jear and last

year is as follows.

1881-82.

BeoelDts at the ports to Feb. 1 • • -bales.

Sit aSpments oyerland durinK same time ... .

Total receipts •.--- a--V™'i;;;'V*^*''Southern oonflumptloii smoe September 1 .

.

Total to Feb. 1. .bales,

3,741,549337,278

4,078,827125,000

4,203,827

1880-81.

4,025,800374,919

4,400.719110,000

4.510,719

The decrease in the amount of cotton marketed during

the first five crop months of 1881-82 is thus seen to be

306 892 bales. To determine the portion which has gone

into the hands of Northern spinners during the same

period, -we have prepared the following.

Total receipts to Feb. 1, 1882, as above bales. 4,203,827

Stock on baud commenoemont of year (Sept. 1, 1881)—

AtNortberu ports ^94,911

At Southern ports 117,322

At Providence, &o.. Northern interior markets .

.

-212,2335,810- 218,043

Total suppl.v to Feb. 1,1882 4,421,870

OI this supply there has boon exported

to foreign ports slnoo Sept. 1, 1381.-1,959.421

1*88 foreign cotton inoluaed 2,272-1,957,149

Sent to Canada direct from W03t .- 23,674

Burnt North and South 1,718

Btock on hand end of month (Feb. 1, 1882)—

At Northern ports 393,535

At Southern ports 741,668^ 135,203

At Providence, ice., Northern interior markets.. 16,013—3,133,787

Total takings by spinners since September 1, 1881 1,288,083

Taken by Southern spinners - 125,000

Taken by Northern spinners since September 1, 1881 1,163.033

Taken by Northern spinners same time In 1880-81 1,149,929

Increase in takings by Northern spinners this year. .bales. 13,1 5i

The above indicates that Northern spinners had up to

February 1 taken 1,163,083 bales, an increase over the

corresponding period of 1880 of 13,154 bales. Our last

year's figures for consumption are revised in accordance

with the revision of some of our returns for tha t year,

made, and referred to more fully, last winter.

AMOUNT OF CROP NOW IN SIGHT.

In the foregoing we have the number of bales which

has already been marketed this year and last year. Anadditional fact of interest is the total of the crop which

was in sight on February 1 compared with a year ago.

We reach that point by adding to the above the stocks

remaining at that date at the interior towns, less stock

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

manner we find the result for the two years on February 1

to be as follows.

It will be noticed that the movement up to February I

shows a decrease in the average weight as compared with

the same time last year, the average this year being 473-93

lbs. per bale, against 487-OG lbs. per bale for the same

months of 1880-81.

THB COTTON GOODS TBADE IN JANUARY.

The market for brown, bleached and colored cottons

has been very quiet during the month, but there was a

satisfactory business in white goods, quilts, towels and

other fancy cotton goods. Prices are nominally ua-

changed, save in the case of print cloths and prints, which

are considerably lower. The tone of the market has,

however, lost much of its buoyancy, and some kinds of

goods are gradually becoming more plentiful.

1881-82. 1880-81.

Total marketed, as above bales.Interior stocks In excess ot Sept. 1

4,203,827350,000

4,510.719260,000

Total in sight.....*....... .. bales 4,553,827 4,770,719

This indicates that the decreased movement up to this

date of the present year is 216,892 bales.

WEIGHT OP BALES.

To furnish a more exact measure of the receipts up to

Febraary 1, we give below our usual table of the weight

of bales. "We give for comparison the figures for the

same time last season.

TexasIionlslana

AlabamaGeorgia*

South CaroUaa...Virginia

North Carolina...

Tennessee, &o....

Total.

Five Uonlha Ending Feb. 1, 1882.

Number ofSales.

359,t)35

964,827214,455

619,783440,517

028,710137,082788,788

4,203,827

Weight in

Poundf.

182,669,406

458,663,478105,726,315

306,535,130

203,479,848

296,034,39063,745,371

375,463,088

1,992,317,526

AverageWeight.

507-93465-73493-00471-75

461-88

470-30465-02

476 00

473 93

SamePeriod in

1880-81.

AverageWeiglU.

514-69

480-00513-00481-50476-00473-21471-00500-00

48706

1882. 1881. 1880.

Jancvet.OoWnlowTnid-dling.

Prinl-

cloihs.

Sheei-ings,stand-ard.

Oott'nlowmid-dling.

Print-ing

cloths,

64x04

Sh4set-

ings.stand-ard.

Ooffntowmi*dling.

Print-ing

cloths,64j;61

Sheet-

stand-ard.

1

12

..8...HoUd44444..s...444

31B,6

3..i«

in"s\8%8%8%

8%3SiS\8%8%

lii^"119,aI19l611916U9ie119l6

ii»;,v

U9iollîs

li^"113811381138U331138

ii%"1138U3811381138113,6

iisie'

Holid..a...4>44144-441443,6

43,643l8

43,6

1>4I44I44J44J4

4H.. 8...

4>44-4

4=44H414

.. 8...414

ay....

Sii"8H8>28>a8^81a

8^SM)8h8>28>a

H^"8^8>a81a8%812

gii"

8I2

8^8I2

"8<i'

1238"121a121a12718127i812-'i«

I212I212121a12 la

1238

12î6'12381214I2I41214I214

iiu."i238l-i'îs

12%127,6121s

HoUdHolid aT:::

3 llTio11%U3f,llîo

iii^

I19iall»i,.

11»,6

U9,e

Holiday....

4 .. 8...4i3,e4-'9

4'9479

478478479479479479

.. 8...479-178

r«55

-.8...55145 14538538538

5 96 97 989

99

10 91112 913 914 915 916

iib|Ll»16119a

I'iii"Uiij111^11»1«119i811916

3i5ie3l6i«

3 '831i!lB

3"i63i3ie

. . S. .

.

8Si8«i

8\8%8%

w8%8^S\8%8%

917 91819 920 921 . . 92223

99

24 92526 927 928 . 929 930 11»l„

U9ie'. ....

313ie31^10

8!!l

831

931 9

The above prices .ire—For cotton, low middling upland at New York

for printing cloths, manutaoturers' prices; for sheetings, agents' prices,

whioh are subject to an average discount ot 5 per cent.

> Including Florida.

FINANCIAL REVIEW OF JANUARY.

The month just passed opened rather gloomily with de-

pression at the Stock Exchange. Afterward, the settie-

ment of the railroad war was a most notable event, and

also the triumph of Mr. Gowen in obtaining again the

presidency of the Philadelphia & Reading Railroad; and

these events caused the market soon to revive. The

success of Messrs. 0. P. Huntington and Jay Gould in

purchasing a controlling interest in the St. Louis & San

Francisco Company, with its half-ownership of the Atlantic

& Pacific, was the grandest move of recent date in railroad

financiering, and was announced in the last week of the

month. Tne disturbance in Paris following on the

collapse of the extraordinary speculation in stocks which

had been rampant there and growing for the past year or

two, including the suspension of the great Union Generalo,

had an unsettling influence in London, and drew from there

a large amount of specie. Stocks declined in London, an 1

among others the American railroad stocks fell off, anu

the amount sold and sent back to New York was for a

time quite large.

Our money market relaxed quickly after the first few

days of the year, and the supply of loanable funds was

abundant and ra;es quite easy.

Investment bonds met with only a moderate demand,

on account of the unsettled condition of affairs, and the

usual purchasing by investors did not manifest itself very

strongly. Government bonds were woU sustained at firm

J^nnriBT 4, 1863.] THE CHRONICLE. 131

prices during most, of the month, and only yielded slightly

when the prospect in London was least promising.

The stock market was much depressed in the early

days of January, and many parlies were disappointed

that prices showed no recovery from the latter part of

December. The time had not really oome for an advance,

and it was not until the railroad majnatos had ogreed to

settle the railroad war that there was a kasis for higher

stocks. Then there was a change, and during the last

part of the month the general tone was much better,

except as far as prices were affected by the free sales in

London and tho uncertainty about the real extent of the

foreign troubles.

Foreign E-tchango grew firmer as the month advanced,

and tho higher rates were warranted by the actual course

of trade and diminished exports of merchandise. But tho

flurry in Paris and London gave a sharp stimulus to the

rise in prices, and leading bankers put up their asking

rates to 4 90.J for demand sterling bills. Exports of gold

were imminent, but none was shipped till the first day of

February.

The following summary shows the condition of the NewYork City Clearing-House banks, rate of foreign exchange

and prices of leading securities and articles of merchan-

dise, on or about tho let of February in 1879, 1880 and

1881 :

STATISTICAL RIJM.HART ON OB ABOUT FEB. 1, 1880, 1881 AND 1882.

Xea Tork Oily Banks—Looiis and oiaooimtggpocle ,

ClrculatloiiNet depositsLogal teuders

Legal roecrve,

Reserve held

Surplus $Monti/, Exclumge, Silver—

CallloaiiijPrime j)ai)ei', sixty days.Silver m lyuiiidon, per ozPrime sterlinff bills, 60 days.

.

Vniled Stales liotuia—69,1881, oou.(ooDtiDaed atSâ)63, cun-ency, 180858, 1881, (contlnnoil at Sâ). .

-

lias, 1891, coupon48 of 1907, coupon

Railroad Stocks—Now York Central & Hail. Riv.Erie (N. Y. L. E. A W.)Lake Hhore & MloU. SoutJiem.Hlolilgan ('autrulChicago K()ck lalaad & Pacificnilnoia Cf:iiti-al

Chicago & Northwestern, com.Chloa«;o Dlilw. <Sc St. Paul, com.Delawai-e I-aok. It Western . .

.

Centi-al of Now JerseyMercfiandise—Cotton, Middl'g Uplands.9 lb.

Wool, American XX § lb.

Iron, Amur, pig. No. 1..^ ton.Wheat, No. 2 red win.^ bush.Com, Western mixed. .% bush.PorU, mOB8 ^ bbl.

1882.

322,36ti..50068.3o5.(i0020,010,800

316.109,40019,773,600

79,027,35088,120,200

0,101,8jO

2a8+l3i,p.d.53652d.185

lOO's13110238113%H7'a

13014391a

11186132135131108%125^

1237»-15

25 50'a)2U 501 45® 1 45>a67S70ia

18 00418 25

1881.

310,682.20066.264,10018.330,700

302.512,30017,287,900

75.028,07583,552.000

7,923,926

4®34iaa5Sl^d.4 83

128

i'iiu112'8

I47I948>4128^119'4ismi131127'a115121H911.1

1111,,40«4a

24 50 ©25 .=10

1 17t2-l IT'»63®55'a15 50

1880.

283,194,50050,312,80021,529,900

259,675,90018,536,000

64,918,97568,893,800

3,979,825

3»653519529, ed.

4 83-4 831a

123

104T9

130194818

104 Sg

923a14912IO41890 1978 3»

8638I521s

1344953

..,.®40 001 44011 45605.63

12 50312 70

NBW TORK CITT BANK MOVKMENTS D» JANUART.

The statements of the New York City Clearing House

banke in each week of January were as follows:

N. T. City Back Statamonts.

LouuiUKl diKouataftoeoleOlroDlUlonNetdoposltsIjamltendanLatoi reserveBesenrohfild

Borplas

Suceof oall loansnote of prtmu p&p«r

Jan. 7.

t810.UO.40a81.314.000ao.'i09,uoo

S89,S00.40016,078,1100

»74,87S.10078,ii)a.aoo

t3,ai7,';oo

ass

Jim. 14.

»3i9.e6i.aooaii.eiN,aoo2o.iisa.aou

307.408.a0017.8T4.800

»7«.aM.6S0Jvt.lUl.OOO

2 as

Jan. 21.

4331.0713008S78l,t00»\00 1,000

811.908,10018.tl38.3U0

(T7.»i9.oae87.8ra.4 00

»»,«74,a7S

seasasu

Jan. 88.

$32a.9t)a.sool)«,35S.b00aO.04O.Bb0

310.100.4(1019,778,(100

(7u,osr,3sa88,l.i9,<00

19,101,839

2(3S

The total transactions at the Stock Exchange, compared

with previous months, were as follows :

Oct. irov. Dee. Jan.

VS. Oovemm't bondsStnte boiidfl

$2,967,6003,080,600

21,507,600

$3,586,7003,687,700

25,488.81)0

$3,596,2.503,635,600

26,070,051

$2,109,000

BaUroad tmnds 25,069,300Bank stocks...sUareoKaUroada, &o., "

6730,808,997

1,2167,975,353

1,2459,456,068

1,87211,306,217

CLOUnO FRICSR OF OOTERKMEKT BECURITtKH nfJANCTART, 1R32.

Jan.

1..2..3..4..5..0..7..8..9..

10..11..12..13 ..

14..15 ..

16..17..18 .

0*.»i>A-

lin'ii«<3Vq

I004i100 !H

lOO's

100»ilOO'a

100^

6»,eoH-tin'tt

at an

x02ie1021slU2i«102i«

1021410214

102 14

10:^ la

4i9<,

ISOl.eoup.

.RUoll

11438..8.

114^

.,8,

114%

1007,eoup.

day.II708II714

117»s

11788117=8117!^118II8I4II8I4

J''Our.,189H,reg.

131

Jan.

6*.eoit-

tln'aa(3>«

19..20..21 ..

22..23.24..25..26..27..28..20..30..31..

OpenHighLow.Clos.

Of,oon-lln'da<3>«

101

10031101100^101

102 >9

102%

102^9102'«102>«

1023^

x02ifl102%1021810238

1891,enup.

lU'e

114381 117»11138114'e

1007,eoup.

118%1181*1184b

11818II8I4

117»9llSljII7I4IISI4

6*Our.,1808,rtg.

131131131131

UliOStXa PRICES OF CONSOLS ANU 17. 8. SECnBITIEB AT LONDON IN JAN.

Jan.

1.2.3.4.5.6.7.8.9.

10.11.12.13.14.15.16.17.19.19.

9911,69911

9913in1001810018

9916169913,,9916,110018100181003i3

1001,81001,6lOOSia1003i8

5«txl. at3I3.

B.Holl105 1q

105 1«

1051a1051a1051sS.

IO514105105i03ia103 Hi

1031a8.

1031^1031a103 >«

1031a

4ia<

1891,

day.1171a11712117131171a1171a

II713117%1171a117131171a1171a

il7ia11713117>a1171a

4s 0/1907.

121121120%120%12i

120%120%1201s120%120%121

12i"'121121121

Jan.

2021222324252627282930Opening .

.

Highest. .

.

Lowest ...

Closing . .

.

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

f^r

1003,81003,0

1001,89913,890l3if

09 Tg

9911,6

997,8993,6

9911,61005,8995,8995,8

1005,6995,8

5»act. at313.

103131048.

10410.i%103%104103%103%

8.

103%103 13

1051a1051a103131031?

4>i«or

1891.

1171s1171a

1171a1171a1171aII7141171171a

117117II7I9I17I3117117

10513 11713 1211031a 117 120

4a of1007.

121121

121120io120>a120%1201Î2OI3

1211201211-.S1

120120

The following table will show the lowest, highest and

closing prices of railway and miscellaneous stocks at the

New York Stock Exchange duxiDg the months of Decem-

ber, 1881, and January, 1882:

RANOE OF STOCKS IN DECEMBER AND JANUABT..

—

December,19Sl.--. —January, 1882.—

.

IjOW. High. Dee. 31. Low. Mian. Jan. 31.RAii.noADB. 2foi). 30.Albany & Susq'hanna '133Boat.* N.Y.Air Line

1)0 prefBuff. Pittsb. & WestBurl. Ced. Kap. & No. fiOHCanada Southern 63iaCedar Falls & MinnCentral IowaCentral of N. Jersey.Central PacilioChos. &Ohlo

Do 1 st pref.Do 2d pref.

1261a2560 13

1352768

130

953895 14284029%

Chloneo & Alton 133

8050193487%88''824I334251271*

8263^2138961a953827%40^829'8134

81%52%

91%9226*36i325I3tiaiia

13032 146039%811a51I8I4331989871422%332412813214Chlo. Surl. * Quinoy. 141% 1133% xl 3958X13618

Chlc.A KastlUluois 113Chlo. Mil. & St. Paul. 10858 IO214 108'8 106% 101%

117 121 119%12958X123 13014X125%I4314 136 I43I4 138%

Do pref.Chic. & Northwest...

Do pref.Chic. & Rook Island .

.

Chic. Kt.L. <fc N.Orl'naChic. 8t.P. Mlnn.&O.

Do pref.Cin. San. & ClovC\ov. Col. Cin. & Ind.Clev. & Plttsb., guar.Columbia & Gr'riv.pfCol. Chlo. & lud.Cent.

135%

"401410258585893%

'136

1328033%9!i%5082%134

135%8440

103 1459%93%

132%"36"x99%

"8314

2014 19%

I3714 *134i495% ....

225g 2 1 14

II9I4124136%1318034%97%50781338718%

D.inbury & Norwalk 65126''8 I25I4 129 127%xl22587934 6G 81% X69% 633»*33 S3 83 841478 13 1558 14 13%24''8 23 25% 23% 23

Eliz.al)eth C'y & Norf 27Evansv. & T. Uaute 80Georgia UR.&Bkg Co 165

Del. L;u;k. & West'm.Denver <fe R. GrandeDubuque <fe Sioux C.East Tenu. Va. & Ga.

Do prof.

13332%6639%8556%2137%9794^82637%26%135133113no's123131%141%13582%37%

10257%84137% *13393 9221-'8 19%66127%xl253»

62%,

'86"'

S3

"35"

94%88<^23'833V25

13258134

ioYh121^130%140132%8135^100

78%

OrccuIJ.Win.<StSt.P.Hannibal <& St. Jo

Do pref.HarlemHoust. A Tex. Cent..niinola Central .„. ..

tndiiuia B1.& W. new

95%110

12%94%109%20586128%43%

12%98%

11620592134%52%

12%95113%205

11%94%106%

"so"127%44%

1333, 128% 134% 130%51 43% 52% 48

Ind. Doc. & Bprlngf *2Jolict & Chicago 140Keok. & Dos Moines 18 20

Do pref.. 51% 32 48Iiako Erie* West.... 45 32 45% 34% 32%LakeShore 122%xll268 12269x112% 109%Long Island 49 54% 50Louisville ANashv.. 00 99 108% lOlSs 92Loulsv. N. A. i Chlo. ...... 74 80 73Manhattan 58 62% 68 54 48%

74%841626%2780167%16965g111%

"86"

136%48^342140

70^8

14%23%

94%108%

134%45

Do Ist pref 08Manhattan Beach Co. '22% 23Mar'tta & Clu. Ist pf 16

Do 2d pf.Memphis A Cba'ston.Mctroi>olit.'u> Elev. .

.

Michigan CentralMil. I.,. Sh. & W. pref.Minneapolis & St. L..

Do pref.Mo. Kans. i. Texas .

729693%61%

"to"41%

MUsouri Pacific 106

7695883%84%452362%34^8x98%

3418979%9793%51%30704139107

27

72%86%86

36%.xlOl

2515769%8483%45206035%97%

4937%

llS's52100%756708%3015%9%

823tl899052216139^101%

:!2%110%60%047453%(08

73•8785%46%•20%'60%36103%

• Prices bid. t Prices asked. t £x privUese.

132 THE (JH RON! CLE. fvoL. xxxrv.

RAtLROADI.

—December, 1881.— .—JVjmiary, 1892.^Vor. 30. Low. Biffh. Vec. 31. Low. High. Jan. 31.

MobUe&'oiiio.. 37 32% 371* 35»aMr>Sl8&E8.sex 1253* 121 127 121%Niwhv.Cliatt.&St.L. SB's 8213 91>s 8713NlY.Ceiit.<fc!Iiul. E 1.38T8Xl30»4 i;i936Xl31

New York Elevated . *107>s 100 IO913 MOON. Y. Lake Erie Jc W. 40 39% 4014 40%

Do pief. Si^ 89 94% 89%N.Y.N.H.&Hartf'rd *172 170 176 172K. Y. Onterio*W... 31% 20=8 31% 2713

32%120>280

1285410538I4

7917025

36%-12314S7I2135% 129'<i109i8Do pref. 82%

Ohio CentralOliio & Mississippi . .

.

Do prcf.

Ohio SouthernOregon & Trans.Con.Panama Tr. Co. ctts.

Peo. Dccat. <fc E'vllle.

Phila. & ReaiQng

—

Pittsb.Ft.W.&C.tfiiar.

20 la

40%

401a681a

•136

551a33I4

68%21351042364197340336I34I4

EensserrA Saratiisa 144Rioh.&Al.sl'k, tr.ct. 3914 37KichmoucKV Dauvillo 1191-2 119Kichmond ii West Pt. I2214 122Eochcstor & Pittsb 22Borne Wat.dk Ogdeiis. 30 248t. L. Alton & T. H 47

Do prel 85«t. L. & S. Francisco. 44 39

Do prof. 67 55Do Istpref. 103 103

Bt. Paul & DiUiitli 26Do pref. 75 74

at. PaiU Minn. & Man II314 109iaTexas & Pacitlo 5414 48Tcxaa & St. Eouis 30Tol. Delphos & Bur 15 2OJ9 17I3 12Union Pacitlc xll9>4 114'4 120ia 116% lljiaUnited Go's of N. J 183Utah CenU-al 100Wab. St. I-. &Paelflc. 44ia 33 14 44is 37 34

Do pref. 85% di^ 84i>8 6838 65=8Teleobapk.

American District 31 50 31Gold&Stock 100West Union, ox ctls.

t.85is X7713 87 x79% 76I2

Express.Adonis *I43

604081%27%40%107271*83

197401*711813814447171

; 1741a2930%51944467%1072675113%55%3020%120%

57%36%755823383U38

543470%2232%

171582b382058%37 1477I425633S38

171^825%

do3470-%235832-',

•2375%'37"

67%

41170{174%

4160%104%

112%48%"17%116=8

19601903314

13413927179;15024%2033%80%397851)38

100%2768108%4414

23%7519537%67%13514040213;20729%21%43%9246''8

66%

196519033%6t7g

•134

'36%211{207

398141%58

100% fl00%301471115%51=8

140x8973%134

1-450

"*6%1

'17%

322 :

IH39%334%

14

•1%

American *95United States 79WelLs, Fai-Ko & Co. ... 134Coal anu Mining.

Cameron CoalCaribou Consol.Min..Cent. Arizona Min . .

.

Colfirado Coal & IronConsolidfttton Coal...Deadwood Mining...Excelsior MiningHomcstako Mining ..

lift Plata MininKliittle Pittsb'g Min..Mariposa L'd & MinMaryland Coal *20New Central CoalOntario Silver Min'g.Pennsylvania Coal. .

.

Quicksilver Mining ..

Do pref.Bobiuson MiningSilver CliffStandard Cons. Min'g

Various.Canton Co 61Del. & Hud. Canal. . . 108% 106K. Y. & Texas Lund. «41 41I4Oreg'n R'y & Nav.Co. 165 '134PaciflcMttil 45% 39Pullman Palace Car. 129 120Butro Tunnel II4 7g

* Prices bid. t Prices asked.

145987314138 '

3821421450 14

40%41

I714

-145x92%*76•133

32%

*1%42%39%*4%

' 14%

1%2'817%18342401258 142238

23% XI734

35%

•614%

1=8421%263524514%60146%3 '8

23%

611085847%1654514137

114

*1%tl

•19•20%•33%•2401359*2%

i'vaii

107''8

{134'

41132%

1

1459276128

31%2%1

41325I4

15589I4

1%2

20193324012572I4

2%14

60%105%44%12339%129%

17%ll'l%18310038%71=8

3810082%

149%94%8OI4

10947

"ii'11678

35%07

33

7973

144947:

*2II4

41

•5%*%

•16%

130% -126%

372%158

45 143U'85%%

lti%91422%

262035215I4I462I442%17%

1%"20

"

*18*34'248•1260%2%

60%107'8405814043I4145

106%136'

'

42xl35

J Ex priTilege.BltNKER8'_STKRI.IMO_EXCHAgGlt (POSTED RATES) FOR JANUARY, 1882.

Jan.

1..2..3....4..5..«..7..8..9..

10..11..ia..

60day$.

8.

...Holi4814 814 814 814 81

6.4 81%4 824 82%4 82%

De^mand.

day4 854 854 854 854 85

185%'4 864 86%4 86%

Jan.

13...14...15...16...17...18...19...20...21...22...23...24...

60days.

4 834 83.... S,

4 834 834 834 83%481%4 84%

9,

4 854 85

De-mand.

4 874 87

487'

"

4 874 874 87%4 88%4 88%

4 894 89%

Jan.

25.26.27.28.29.30.31.

RangeHighLow,

60days.

4 854 854 354 85

4 854 85

4 85481

7)e-mand.

4 89%4 89%4 904 90

4 90%4 90%

4 90%4 85

THU DEBT STATEMENT FOB JAN., 1882The following is the oiBcial statement of the public debt as it

*ppeaJ3 from the books and Treasurer's returns at the close ofDnsiness on the last day of January, 1882:

INTEREST-BEARING DEBT.

ifharaeleroflttwe.

«» of 1881*6g of 1881*Bsof 18S1»

Author-ising A.ct.

July 17,'61Mar. 3,'63July 14,'70

*%» of 189IJuly 14,'70^ of 1907.. July 14;'70

WhenPayable.

June 30. '81JuneSO, '81

May 1,'81Sept. 1,'91July 1,1907

4a, ret ctfs. Feb. 26,'793a,imyyp.fdljuly 23,'08

Aggregate of intcrcat^bearing debtCoiitlnuea at H% per cent.

•v^e?^ r«„d nT™f „l"ffi%„'''%ii«JJ.to'^l of $1,953,060 Interest

date 1» $8,265,287.The total current accrued Interest to

Amount Outstanding.

Registered.

$91,624,20047,855,700

401,503,900182,337,200552,215,500

Coupon.

67,662,800186,573,200

$l,265,536,.500 $254,236,000$5.-)9,100

14,000,000

$1,534,331,600

DEBT ON WHICH INTEREST HAS CEASED SINCE MATURITY.There is a total of over-due debt j'et outstanding, which has never

been presented for pajancnt, of $13,920.00.) principal and $062,949interest. Of this interest. .'iil81,679 is on the. priueipal of called bonds,wliicb principal is a.s follows: 5-20s of 1862, $370,700; do 1864,$58,6.50; do 1865, $76,7.')0; consols of 1865, $107,800; do 1867,$l,09-,5:.0; do 1868. $-2 i8.950: 10-40s of 1864, $472,400: funded loanof l!.81, $2,742,200; 3'8 cei-ts., $5,000; 6s of 1861, continued at 3% percent, $6,316,150.

DEBT BEARING NO INTEREST.

Character of Issue.

Old demand notesLegal-tender notest.'ertilicates of depositGold certificatesSilver certiflcates

Fractional currency

!

Authorising Act.

July 17, '61; Feb. 12, '62Feb. 25, '62 ; July 11, 62 ; Mar. 3,'63June 8, '72March 3, '63February 28, '78July 17, '62; Mar. 3, ) », ,; ^ .^ ^o-rl'63; June 30, '64 J

$15,445,427

Less amt. est'd lost oi- destr'yed, act J'e 21, '79 8,375,934

Aggregate of debt bearing no interestUuolaimed Pacific Railroad interest

Amount.

$59,890346,631,01611,400,0005,188,120

68,999,670

7,063,493

$439,398,1897,256

RECAPITULATION.

Inlercsl-bcaring debt—Bonds at 6 per cent, continued at 3%.Bonds at 5 per cent, continued at 3%.Bonds at 4% per centB<»nds at 4 per centRefunding cortitlcateaNavy pension fund

Total interest-bearing debtDebt on which int.has ceas'd since mat'rityDebt bearing no interest—Old demand and legal-tender notes< 'crtiflcatCH of depositGold and silver certificatesFractional currency

$139,398,139Total debt bearing no interestUnclaimed Pacific Railroail interest

.

Total $1,987,649,794Total debt, principal and interest, to dateTotal cash in Treasury

AinountOutstanding.

$129,479,900401,503.900250,000.000738,788,700

550,10014,000,000

il,534,331,60:>13,920,005

346,740,90(511,400,00074,187,7907,009,493

Debt, less cash, in Treasury, Feb. 1,Deljt, less cash in Treasury, Jan. 1,

18821832,

Decrease of debt during the past month.Decre"9C of debt since June .30. 1881

Interest.

$10,218,348602,948

7,25(J

$10,883,5541,993.533,349246,025,468

$1,752,512,8801,705,191,717

12,978,836$38,085,931

CUHKK.ST Ll.lllII.lTlE.S—

Interest due and unpaid ...jDebt on which interest his aeasedInterest thereonGold and silver certificatesU. 8. notes held for redemption of certificates of deposit.Cash balance available Feb.J,, 1882

Total '...

Available Assets—Cash in the Treasury

$1,953,06013,920,005

662,94974,187,79011,400,000

143,901,663

$246,025,468

$246.025,468

BONDS ISSUED TO THE PACIFIC R.AILWAY COMPANIES.INTEREST rATABLE BY THE UNITED STATES.

Character ofIssue.

Central Paciflo..Kansas Pacifio .

.

Union Piu-ific. ...

Central Br., U. P.Western Paciflo.

.

Sioux City & Pac.

Total

Amounioutstanding.

$25,885,1206,303.000

27,236.5121,600,0001,970,5601,638,320

Interest paidby U. S.

$21,122,8945,562.063

22,500.50 1

1,405.8081,490,8981,317,743

Interestrepaid by

transportai'n

$16,792,9142,877,991

14,276,7511,289,8491,481,5311,227,718

$04,623,512 $53,405,977 $14,804.021 .$37,946,756

13,681.7082,684,0718,229.M12109.032

9,36790.030

Balance ofinterest paid

by U. S.

The Pacific Railroad bonds are all iss-iml under the acts of July 11862, and July 2, 1361; tlier are registered bonds in the denomination*Of $1,000, $5,000 and $10,000; boar 6 per cout intirest in currency,payable January 1 and July 1, and mature 30 years from their date.

Busliob .llarRet Il«ports—Per Cable.

The daily closing quotations for securities; &o., at Londonand for breadstuils and provisions at Liverpool, are reportedby cable as follows for the week endina February 3 :

London.

Silver, peroi d.(Consols for moneyConsols for accountFr'ch rentes (in Paris) fr.

U. 8. 58 ext'n'd iuto3%sU. S. 4%s of 1891U.S. 48 of 1907 :

Erie, common stockIllinois CentralPenusylvania ^

Philadelphia & Reading;.New York Central

Sat. Hon

5299iiiefl9i-iis

82-72%l'>3%U7%120%415g

13963%3278131%

Tues.

52 52997i8 995i«

991I16991,982-65 81-60103% 103%117 117121 1204014 3958

137 1366214 61 1432 313a133 131%

Wed.

5299%9!»''e

80-95103%110%119%40 14136%61%315=131%

Thurs. Fri.

5299%9978

81-95103%116%120%4078139621432 14133%

529911i«1001 IS

103%116%12041139%62%3238134%

Liverpool.

Flour (ex. State.. 100 lb.Wheat, No. 1, wh. "Spring, No. 2... "

Winter, West., u "

Cal. white "Corn, mix.. West. "Pork, West. mess. .5^ bblBacon, long clear, new.

.

Beef, pr. mess; new,^tc.Lard, prime West. ^ ewt.Cheese. Am. chotce. new

Sat.

«. rf.

1410 9

10 66

75 O48 63057 O65 6

Mon.

«. d.14 O10 810 91110 6

75 O46 6

65 6

Tues.IWtd.

I

Thurs. Fri.

s. d.1410 H10 91110 6

«. d.1410 810 911 o10 6

5 11% 5 11%75 ""46 68057H.5 6

(. 4.14 310 910 9

d.

89O6 , -

0%' 6 <.%

11 Olu 6

75 7546 4681 8157 5765 e 65 6 65 O

rsamrjotT 4, 1883.] TBE CHRONICLE. 133

National Bahkb.—The followiag national banks have b«enorganized :

t,({21.—Tbe Ottumwa Kutlonnl Bank. Ottumwa, Iowa. Capital, IfilOO,-

OOO. Jnoeph G. IIutclilHoii, I>rr!)l(Icnt ; Cliae. P. Bruwu,Cashier.

8,622.—Tlin Klrst Natlonul Bank iif FdiI rollliiH, Col. Capital. $.50,000,Frniikilii ('. Avpiy, I'rrtiidciit ; Willliiiii (). Hlxl>y. Ciwlilcr.

t,U23.—Tliu MHiiiiractiirtii'H Naliuiiiil liitnk tit Haltiiiioro. Md. (Capital,ijt; 00,000. William J. Dickey, Prosldvut; Bamuel I. Illudea,Cushior.

Bonds held bt National Bank.s.—The following interestingstatement, furnished by tlie Comptroller of the Currency, hIiowsthe amount of each cla.na of bonds held against national bankcirculation and to secure public moneyH in national bankdepositories on Feb. Ist. We gave the statement for Jan. Ist

in Chronicle of Jan. 7, page 18; and by referring to that thechanges made during the month can be seen.

Deteriplion ef Bondf.

6a, not coutliiiied . .

.

Ourreucy 6h

5 i)er cents

4Hi per cents

4per cents' 5s, extended at 3Hi.

ta, ME'euded at '3^.

Total

XT. 8. Bonds Held Feb. 1, 1881, to Seeiire-

PtiblicDeposils

in Jlankn.

$18,00033,000

813,0006,473.800

6.87U,400

1,483,300

*l5.740.n00

SankCireutation.

8,938.000

174,000

32,215,630

92,819.350195.146.700

47,378,500

.$371,270,200

Total Held.

$18,0003,569,000

174,00033,063,030

99,293,130202,02«,10048.866,800

$387,010,700

Imports and Kxports for the Wbbk.—The imports of lastweek, compared with those of the preceding week, show a de-crease in both dry goods and general merchandise.The total imports were $7,814,215, against $10,887,356, the pre-eeding week and $10,603,820 two weeks previous. The exportsfor the week ended Jan. 31 amounted" to 16,517,309, against$7,277,299 last week and $6,151,636 two weeks previous. Thefollowing are the imports at New York for the week ending(for dry goods) Jan. 26 and for the week ending (for generalmerchandise") Jan. 27 ; also totals since the beginning of first

week in January

:

FORKION IMPORTS AT N«!W YORK.

For Week.

Dry noodsGeii'liuer'dise.

TotalSince Jan. 1.

Dry goodsttju'lmer'diBe.

Total 4 weeks

1879.

*1 ,788. 1904,635,219

$6,473,409

*3.937,71913,930,293

$19.9l!^,01'.

1880.

$2,839,3468,913,706

$11,75.^,252

$10,714,88125,107,330

$35,'*22.211

1881,

$2,797,3425,724,262

$8,521,601

$10,128,48620,856,086

$30,984,572

1882.

$7,814,215

12,326,44024,839,699

$37,166. 139

In our report ox the dry goods trade will be found the imporisof dry goods for one week later.

The following is a statement of the exports (exclusive ofpecie) from the port of New York to foreign ports for theweek ending Jan. 31, and from January 1 to date :

BXPORT9 FROM NEW YORK FOR THB WEEK.

Fur the week..Prev. reported.

TotJil 4 w enkg

1879.

$7,602,1331 ',433,497

»23,05.'i,630

1880.

$6,32?, 878,17,430,359

$23,753,737

1881.

$7,121,31020,392,831

427.514. 1 9-;

1SS2.

$6,317,30919,369,069

*25,886,378

In order that there may be a true compari.son with previousjears we have altered the figures so as to embrace an equalnnmber of weeks in each.The following table shows the exports and imports of specie

•t the port of New York for the week ending Jan. 28, andince Jan. 1, 1382 :

KXPORTS AXD imports OF 8PECIB AT KEW YORK.

Oold.

Great BritainFranceGermanyWest IndiesMexicoSouth AmericaII other couutiiea.

T«tal 1882.,Total 1831.Tutal 1880.

Silcer.Great BritainFrance

,

GermanyWest Indies

,

MexicoBonth AmericaAll other countries.

ToUl 1882..Tiit:il IKHl..T(it:il 1I--80..

Exports.

Week. Since Jan.l.

20.000

$186,40050,000

$2.^6,400206,1.3089.142

6,500

$6,5003,960

214,190

$866,180190,000

3,000

$1,059,1807::o,413596,629

Imports.

Week. Since Jan.l.

$..

8,0019,6089,551

$27,16059,81523,431

6,59030,2311,052

$37,87333.127

151.611

$100,131

59.13536,19833.0371,557

$239,6583,930,601554,123

39,90667,43912,3761,856

$121,627200,160320.915

Of tUe above imports for the week in 1881, $19,755 wereI American gold coin and 17,323 American sUver coin.

Chicago ilnrlington & Kansas City.—A circular has beenIssued by Mr. Elijah Smith, President of this company, statingthat the Burlington & Southwestern Railway and its property.

having been sold under decrees of foreclosure, hu been reorg-anized under the name of the Chicago Burlington* Kansas CitrRailway Company, which company has taken posseeision of theroad and property, and will hereafter control and operate thesame. The new company is controlled by the Chicago Burling-ton & Qyincy, and the road will be worked Ja the Interest ofthat company.

New York Texas & Mexican.—A special dispatch to theSt. Louis Qlobe-Democrat from Galveston, Tex., January 14,said :

" In an interview with H. De Castro, the representativeof Count Telfner and his associates, building the New YorkTexas & Mexican Railway, who arrived from Mexico Thursdaynight, he stated that he had secured a subvention from theMexican Government of $8,000 per kilometer, with the right ofway to depot grounds for the New York Texas & Slexican Rail-way from Matamoras to Tampico, a distance of 300 miles, witha branch from some pfjint not far from Matamoras to Victoria ;

also the right to import con.strnction material free of duty, andsecure cross-ties and bridge timber from oflf Government lands,Mr. De Castro was in Mexico about four weeks, and speakseulogistically of his treatment by the heads of the MexicanGovernment and the repre.sentatives of the Gould syndicate inMexico. He met with no opposition whateier in securing thesubvention, as the Mexican officials frankly acknowledged thatthe proposed line was of the utmost importance to Mexico,from the fact of its being a coast road, as it would largelyfacilitate the exporting trade of the country. Mr. De Castrosays the subvention was signed last Sunday, and he left thesame day for Vera Cruz, arriving there on the steamer Whit-ney. The securing of this subvention gives the New YorkTexas & Mexican Railway a continuous line from RosenbergJunction to Tampico, Mexico, where it will connect with theline to San Luis Potosi and the City of Mexico, and penetrateone of the most productive sections of Mexico. During theabsence of Count Tellner in Europe Mr. De Castro will repre-sent the interest of the road, which will be built as rapidly asample capital and labor can accomplish it, and will be com-pleted to Victoria, Tex., by the 1st of March."

—Attention is called to the statement of the CommercialMutual Insurance Company (Marinei in to-day's Chrojucle.This company shows total assets of $827,556, securely invested ingovernments, bank stocks, city bonds, &c., with abundant cashm bank for all neces.sary purposes. The company will pay 6per cent, interest on the outstanding certificates of profits B^b.14, 18S2, besides a 30 per cent scrip dividend, payable on andafter April 1, 1882. This is a good showing under the presentable management, composed of Mr. W. Irving Comes, Presi-dent, Wainwright Hardie, Vice-President, and Henry D. King,Secretary.

—The dividend of 4 per cent on preferred and common stockdeclared by the Chicago & Alton Railroad Company is paya-ble March 1, 1882, at the office of Messrs. Jesup, Paton Sc Co.,this city; transfer books close 11th inst.

BANKING AND FINANCIAL.

BANKING DEPARTMENT.

Office of FISK Sc HATCH,No. 5 Nassau Street

New York, 1882.

In answer to numerous letters of inquiry as to the terms on which wereceive dejiosit accounts of Banks, Bankers, Business Firms and Indi-

viduals, we issue this Circular for the Keneral Information of those wh»may desire to open accounts with a private banking house in this city.

Wo are prepared, on the terms mentioned below, to receive the

aocoimts of responsible parties in good standing.

1. Except in the case of Banks, Savings B.anks, or other well-knowii

Corporations, or of individuals or tlrms whose character and stand-

ing are already known to us, we require satisfactory references

before opening an account.

2. We allow interest at the rate of three per cent per annum on the

average monthly balances, when the same amonnt to $1,000 or

over. On accounts averaging less than $1,000 for the monthwe allow no ijitcrest.

3. We reader accounts current, and credit Interest as above, on the laat

day of each month

.

4. For parties keeping regular deposit accounts with us wo collect and

credit United St«t«s, Railroad and other Coupons and dividend8,pay-

able In this city, without charge; make careful inquiries, and give

the best inforiuatlon we can obtain respecting iBvostmonts or other

matters of financial interest to them ; and In general serve their In-

terests in any way In which we can bo of use to them in our line et

business.

5. We do not discount or buy commercial paper, but are at all times pre-

pared to make advances to customers and corrcspoudeut* on Unlte4

States Bonds or other ltrst-claa« ami marketable securities.

6. All deposits are sul^ect to Check at Sight without uotloo.

One of our firm Is a member of the Vew York Stock Ezohange, and wegive p.articular attention to orders by mall, telegraph or In person, for

the purthaso or sale of Bonds and Stocks on Commission.

Wo continue to buy and sell direct, without Commlasion, all l.ssues and

denominations of United States Bonds, for Immeiliate delivery at current

market rates, and make exchanges fer National Banks In the Banking

Department at Washington, without trouble to them.

FraK & HATO

131 THE CHEONICLE. [Vol,. XXXIV.

DIVIDBIfDMiThe toUowlnzdlvldoa'ls have resBntly been aaooimoel:

ITame of Company.

Rallroadx.Chlcaeo & AUoQ com. and prof.

TIIIiKils CentralN. Y. Prov. /i Bost. (Ston.), quarEuUand pref

Bank*.ManLattan CoMat. Bank of tbo Ucpubllo

Percent.

i

2ai

4

WhenPayable.

Books Closed.(Days incluifive.J

Mar. 1 Feb. 12 to Mar. 1Mar. 1 Fob. 12 to Mar. 3Feb. 10 Jan. 31 to Feb. 10

Feb.Feb.

106 Feb. 1 to Fob. 5

NEW YORK. FRIDAY, FEBRUARY 3, 18Sa-3 P. M.

The Money Market and Financial Situation.—The finan-

cial situation lias rather grown stronger as the weelc progressed.

The London advices are better to-day, and indicate less appre-

hension in regard to the Pans Bourse settlements of Saturday,

while the specie shipments from New York have been less this

week than was anticipated. The advance in passenger lates on

the trunk lines is another step towards increasing the earnings

of those roads and their connections, and it is therefore a good

point for the stocks.

There have been no farther developments of importance in re-

gard to the St. Lonis & San Francisco pureha.se reported last

week, and all thus far is supposed to be harmonious. We hear

rumors, however, of some other large operations pending, and

we should not be at all surprised if it turned out that the Union

and Central Pacifis are negotiating for consolidation, or if the

former should take the latter by purchase or lease. The rail-

road interests of Mr. Huntington are growing immensely in the

South, and just as Mr. Gould sold out Union Pacific and went to

the Southwest, would it be strange if Mr. Huntington should goout of Centra! Pacific and concentrate his capital on the Southern

roads? This maybe all premature now, but it is a suggestion

which the circumstances force upon us.

The money market has been somewhat variable for stock

borrowers, and rates have been as high as 6 per cent plus a com-mission of 1-32 per day; but the tore is easier to-day at 4@6 per

cent for call loans and 6 per cent for time loans on stock col-

lateral. On Government bonds the rates are 2@2^ per cent oncall, and for three months we heard of $1,000,000 offered at 3

per cent. Prime commercial paper is quoted at 5@6 per cent.

The Bank of England Directors on Monday advanced their

discount rate to 6 per cent, and the Bank of Berlin put up its

rate to 9 per cent, from 6 per cent three days before. But thefeeling had improved by Thursday, and the Bank of Englanddid not make a farther advance, though the loss of specie for

the week was £1,629,000 and the percentage of reserve 31%•gainst 3S 15-16 last week. The Bank of France gained -12,625,000

francs gold and lost 2,150,000 francs silver. The cable report of

la.st week was erroneous, as we surmised, and the correct figures

showed a gain of 23,000,000 francs. gold and 3,000,000 francs> silver.

The last statement of the New York City Clearing-Housebanks, issued Jan. 28, showed a decrease in their surplusreserve of |572,525, the total surplus being $9,101,850, against19,674,375 the previous week.The following table shows the changes from the previous week

and a comparison with the two preceding years

:

Ixiansanddls.SpecieOlroalatlon...Net depoalto

.

liegal tenders

I<egal reserve.Reserve lield

Surplus

1882.Jan. 23.

$322,900,50063,355,60020.040.8aO

316.109,40019,773,600

$79,027,35086.129,200

$9,101,850

Diff'er'nces ft-'mprevious week.

Ino .$1,894,700Deo. 408,500Inc. 39,300luo. 4,113.300Ino. 864,300tno .$1,028,325luo . 455,800

Dec. $572,525

1881.Jan. 29.

$310,682,20060,264,10018,330,700

302,512,30017.287,000

$75.62,S,07583,552,000

$7,923,925

1880.Jan. 31.

$283,194,50050.312,80021,529,900

259,675,00018,536,000

$64,918,97568,893,800

$3,979,825

Exchange.—The activity and unsettled feeling which pre-Tailed in the foreign exchange market in the early part of thew^k has given place to more steadiness. The bankers are stiUasking 4 90)6 for demand biUs on London, but with the betteroable advices to-day there is a more quiet tone. Gold exportswere $1 850,000 on Wednesday, and are reported as likely to beabout $2,000,000 by the steamers of to-morrow. On actualbtwiness to-day prime bankers' 60 days' sterling bills sold about4 84 and demand about 4 90; cable transfers 4 91. The actual

^^ *T.t!l°„"r' • ^'*°'^' ^ ll'^®5 12?^ 'in«» 5 17%@5 19%;markB, 945^@94?4 and 955^@95'^; and guilders 40M@4054.

In domestic bills exchange on Jfew York was quoted to-day as

follows at the places named: Savannah, buying, %, selling, %@%; Charleston, buyiuir, par@)^, selling, )^@)4 premium; NewOrleans, commercial, 100@150 premium; bank, 200 premium; St.

Louis, 75 discount; Chicago, 75@80 discount; Boston, 20@25premium.

United States Bonds.—For the first time in many weeks the

prices of Government bonds have Shown a decided falling oil".

In consequence of the very gloomy foreign outlook in the early

part of the week, Government bonds declined about 1 per cent,

under free offerings without ready buyers, but yesterday and

to-day there has been much improvement, and prices have

sharply recovered.

The closing prices at the New York Board have been as fol-

lows :

6e, continued at S'a.

.

5s, continued at SHi--4>s8, 1891 reg.4is8. 1891 coup.48,1907 reg.ts, 1907 coup,Sa, cur'cy, 1895. .reg.

68, eur'cy, 1896.. reg.68, cur'cy, 1897. .reg,

68, cur'cy, 1898.. reg.6b, cur'cy. 1899. .reg.

InterestPeriods.

Jan.28.

101102=8'114''8

1147811816'H8>8126'128130'130'130

Jan.30.

'101n02ii!114''8•114!(i11R14118%126127128129130

Jan. Feb.31. I.

•100^8 'IWb102=8 •10238

•II4I2 •X1S38»114% •11415•117% HI7I3*117S8 •11713*i2r) •126•127 '127•128 •129•129 •im'130 •133

JTeft. FO).2.

101

3.

10110215 1021s11315^ •113%•1145, nii-'t118>8 •118118 llSig•127 •127•129 •128•130 •130•132 •132•133 •133

* 'This is the price bid at tbe normng board ; bo sale was made.

State and Railroad Bonds.—Among State bonds the Ten-

nessees have been most aetive, and after opening at 73 to-day

they became strong and sold at 75J^ at the close. Louisiana

con.sol3 quoted at 67%@68)6j Arkansas 7a, Pine Bluff R. R., 20®

24; North Carolina special tax, 6@7; Virginia deferred, 15%@1C)^.

Railroad bonds have not been very active, and prices are no

higher as a rule. It may not be out of place to remark upon the

fact that bonds almost inTariably advance in the spring and

summer, and as many of the investment bonds are not muchhigher now than in December, the present time is perhaps

favorable for investment buyers.

Messrs. A. H. Mailer & Son sold the following at auction thie

week:

Bharci.40 Marino Bank liOOs3D Mcob. & Trader.^ Ins. Co. ..14950 Nat. Mech. Biuik'g Ae8o'n.ll2i375 Equitable Trust Co 6516 Merchants' Exch. Naf. Bli. 9820 Phcnix National Bank 10020 Ci'i.t. Pk. N. & R. Kiv. RK,141ia95 Brooklyn Fire In.", Co 19520 Gt, West'n Marine Ine. Co. 68

Bonds.$10,000 Jersey Cily 7p, war,

duo 1890... 105 and lot.

$2,2.50 M.iconpin Co., III., 6.1,

luudlng, duo 1898.OS's uud Int.

.Bom?*.$7,000 City of Elizaboth, N.J.,

78 reg. bonrlfl, due 1895,with all unpaid interest.. ilH

$20,000 CaToliua Cent. KR.1st us. due 1920 99 and int.

$10,000 Certificate of depositof scrip for 8l.ock of thoBrooklyn Klevated EE.Co., with asHcssiueut re-ceipt for $2,000 altac'hed . 22

$3,000 Troy & Boston KB. l»tconsol. 7s, dne 1024 115M

$13,000 City of Kllzabcth,N. J., 7b, reg. duo 1S85,witb all unpaid lnt..42is & int.

Bailroad and Miscellancons Stocks.—The stock market

having gone through many viei.ssitudes during the past two

weeks, closes with a good degree of steadiness, but no great

buoyancy. There has been some uncertainty about the effect of

the Paris Bourse settlements on Saturday, and this has bangover our markets with a slightly threatening aspect until to-day,

when the foreign advices were much better. The trunk-line

settlement seems to be all in good faith so far as can yet be

seen, and the advance in passenger rates is a further guarantee;

but the public will desire to see the compact faithfully kept for

some months before they will trust in it implicitly. The earnings

of the Western railroads are, many of them, showing com-

paratively well on account at the terrible weather and

the loss of earnings of this period in 1881. The

same phases of the stock market have been

witnessed this year which we often pointed out during 1881,

namely, the strong support often given to the market just at the

time when a collapse in prices seemed imminent. With the

Paris troubles out of the way we shall enter on next week with

a clearer horizon than we have had for some time past, and if

stocks have any reason to sell higher on their own merits, they

need not be held down by outside influences, unless the gold

export should become much larger than now expected, or soma

other event now unforeseen should transpire.

In Philadelphia it is reported with some confidence that the

Reading, the Baltimore & Ohio, the Jersey Central and the Le-

high Coal & Navigation Company have made arrangements to

work together.

I

"~ Pebbuart 4, 1889.] THE CHIK \I(M:. 185

RANOB IN PR[CB3 AT TUB N. Y. STOCK BXOHANQB FOR THE WBSK, AND SINCE JAN, 1, ISgS.j

STOCKS.

KAII.KII \Il!«,Albftnj A SUHqllctlAUDA....Boatuii A N. V. AU-lilue

Do prof...BntTnln Hlttf)hnrf;<fc WBHtorn...Burlltii'triTi CiMlnr Hil^Ûlii i& No.Citi i-n

C< .MiDIIOM>ta

Ot,..;... ... w jereoyOiuiiiai I'uciiio

(JlicwMii'Dke ift OhioPo Int prefDo 2il prol

OkloagoA AltonI>i> prof

OhloaKO llurlfnirton A Qiitncy..CUcaK" MUnaukee Jt Bt. pnul.

Do profChlottgo A NorUiirostern

Do rref..ChiosHO Kook Ul. A Paclllo....Cbloojro Ht. li. A New f>rKiana..Ohloagu HU Haul MInu. A Oiu.

Do in-ef.Ctnolniititl Sftnrtnaky ACIovOlevolaiiil I'ol. i:lii. A Inil.OI«Telaiiil .t I'lll.ibnrar ffi'ar

Colniiibia ^t Orteuvllio, profColiiiiiliuxCliii'. .t Inil. OoQtral.I)»ubury A NorwalkDeluwaie l.aehiiwiMiiiA A Woat.Denver.* Uio tJi-aii'lo

,

DBbii'irtt? .<: Sioux CityBast TuiiMoiisee VB. eft Oa

I'o prcf..Orceii liar Wlaonn & St. Paul.HauuiLul .& Mu Joaepli

Do profTSo-nh\4 , .. 'iVxaaCeutralIll:

Ii M A Woet., new.Kt-i Moiuea

I" profLake Ki lo A WealemLake ^li.m.liOf- ' *

!.< I Ulver....

ill . ... ...iy*Chlo.HuuituiUkii

Di IstprotHan1:attan each CoMarieiiitdti. cinnati, Istpref.

Do 2d profMfniphiH A ChA' 'ASton.Mutroiiotltnu EI^ tedMlclii^fuii Central ,

UUnankir I.. Sh. .t West., profMliuieapiilia i& St. Louis

Do prof...lUmonri l<nnafM<i: ToxaaMlsaonrl PacttioMobile.* OhioMorris <V: K«HexKaalivlUtt <nialtanoof;a A St. L.New Vurk Central A IlutUon ,.

New York KlovatedNew York Lake Krio A Went..

Do pref.New Yoik Now Haron * uart.New Vol K Ontario AWeatern ..

Norlolk .<: WeateiTiDo pre!

ITortliern PacificDo pref

Oblo CentralOhio A MiMMiWiippiOMo.- 'iilli..in

,

Oregon A 'I'mna.Contluontal ...Paiuitna, 'I'rnaL Co. certiiioiitea.Peona Dv'caturdt Kvaudvilio...FhUaeteliiliia .t llea^ling . .

PiltsbuiK Kt Wiiviio&OhloK©n8»i*i;u-i-.t .^:ii'.u-»^'!i. ..-

BlclL.t .\lhM-Ji...^t..r). irnstctfs.Blc - '

,- ...

Bir' it.

Boh ',<deualiV8t.Lou. *.vuon .ii Tui-re liaute.

iJo piol.Bl. Louix A San Franclaco

,

P" pref. . .,

_ _ I'o latprefSt.Faal A Daloth .

Do prefSt. Paul .Miiineap. A UaaitobaTexaatV PacllloToledo Delnlios A iiurlineion"UnlonPaciHo „ "Wabash Mt. lA>ais A Paciflo'

Do pref!»fl.-.«?Kl.r,ANEOIIHj

Afneric.in hi.Îrict TislegraiihOolorudo Coal .t IronUeiawiiie .t llndaou CauaiNew Vi.rk AToxaaLand '.'.'

OroKou Kuilway A Nav. Co. .

Paciiic MailPullman Palace CarSutro iiinnelWest. I. nion Tel.. oz-certlScates

EXPRESS.Adami!Americannnlte<l StatoaWells. Pivr/fo A Co„ COAI, AND MININGCaneoliilation CoalHomeaiake Miolnel.lttle Pittabnrg Mlnin» ....MarlnoBa I,and A Minin*...Maryland CoaJ....Ontario silver MininirPenitBylvanIa CoalQiUckjilver Mining

r>o prefBtaudard Conaol. MiningCameron CoalCentral ArizonaMinini""'Doa<lwoo.l .Minln;} ".

Bscelnlor .MiningNowceniiMl c:oal

'"

Robinson Mloinv .

SilrerCI'M MiniDV '..'.'.'.'.

8tormen t Mining

DAILY I1IOHK8T AND LOWKST PRIOB.S.

Baiurday,Jan. 'iS.

133 133

OS's OS

6«'4 fiA'l

18<4 1M''4

35 s, my,0.-)>4 «l!^8S\ fllA,

B4'a '.!4\

•,45 ;i7

'IH'4 •20'a131»»13S

insHiiio ^12J )'."2

140'gl41 Vi

•KO 83

ioii"ainiijoil M81>a alSi

bo" "mSO-a lU't

71 "» 73 »

«128

.id's -^^414 ua^

HH> lOl)

83Hi -avi13.'. ";o i=l(

4C'.a 47'(

3J 35llli^ll3BU 60.>4

01 '-J OGî

54\ .'.514

OS 98 Hia? "a 80

79 V, 79 >3

•87 13 89BO'S 8843 43•20 20 •<

•60 til)',

3U-, 38 4!

103 :oi'.4

.S3^l 33 Hi1223, 12;j^85 85ISO^ 132107 11040'3 41 »81'4 Hi'*

•Hs i>e

6IH l>3>4

•35" "soD4 4 USi^87Hl 88"24 >4 24'.;

31 Is Sfi•244 21) Hi

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62 'a 63134 135 Hj

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21 <4 21

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% '4

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145 14902 82•70 Hi 78128 123

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60

iiood

310,9.10100433

5.1.84027,180i.uelua8<X)

1.630

Bang* RIaee Jan. 1, \H>i2

ISO Jan. a33% Jan. 1860 Jan.80'iJan. »81% Jan. 1261 Jan. 3IH'4 Jan. 2833 Hi Jan. 2680 Jan. 387^4 Jan. '24

22 H; Jan. '23

33 Jan. 2534 Jan. 4138 Jan. 3

6,313109,140

6,358100,200

0,1801,0,101,340

1 1,20016,800

7001,735Sill

12,7002,010

isiiaSd316,061

10,0503,0,10700

2,6006.600l.SOl)

19,3506,700

1,800237,62.-.

1,400

40,6604<I0

2,90.)800830

1,700400

17,140813

26,260860

89,04343,700

008879

2,100226,253

310183,940

3,430439

11,120

i'J2S4.485

140,1883.5756,960600

2,900800

4,58675,562

132% Jan.104% Jan.118% Jan.124 Jan.130% Jan.131 Jan.79% Kob.34% Jan.97% Jan.60 Jan. 2578 Jan. 31133 Jan. 787 Jan. 2718% Jan. 2366 Jan. 23122% Jan. 2163% Jan. 484 Jan.13% Jan.23 Jan. 611% Jan.04% i'ob.

100-4 J.ln.80 Jan. 23

l'27=4J.in. 441% Jan. 4

Illiflieat. Low. High

I.IS Jan. 33»'j%Jan. IH68<-j Ken. 838=4 Jan. 385%Kel>. 266% Jan. 1021 Jan. 737>4Jan. 4147 Jan. 14B4%Jan. 1420 JaiL 737% Jan. 1420% Jan. 14136 Jan. In

-IS Jan. Ill

»i% Jan. 31101)% Jan. 460 Jan. 28

13,3252,0200,6517,0006H0

1.4501,7002,8503,37.'>

815

0603,4602,606

70041.200S,2'25

30,700186,983

1956017420

200600

10060

600«25

300

'ibo

17.126

02 Jan. -J^

73 Jan. 2048% Jan. 1290 Jan. 2725 Jan. 2311 Feb. 27 Jan. 2409% Jan. 684 Jan. 483% Jan. 445 Jan. 420 Jan. 1880 Jan. 2535%J.in. 307=i Jan. 332=4 Jan. 30120% Jan. 380 Jan. 30128 14 Jan. 31105 Jan. 2438<4 Jan. 3179 Jan. 6170 Jan. 1126 Jan. 3120 Jan.54 Jan. 2434 Jan. 3170 P. b.

22 Jan. 432=4 Jan. 3119 Ja)i. 3160 Jan. 30190 Jan. 3!33% Jan. 3168'8Jan. 17

1?4 Jan. 7139 Jan. 1027 Jan. 24179 Jan. 4l.'iO Jan. 1024% Jan. II20 Jan. 3•.!3% Jon. 3180 '..Jan. 2830% Jan- '23

66=8 Jan.93 Fob. 327 J.in. 2408 Jan. Ifl

108% Jan. '20

4414 Jan. 412 Jan. 10

114 Hi Jan. 434 Jan. 4

138 Jan. -J?1 10', Jan. 141'23 Jan. 10130 Feb. 2145 Fob. 21.13 Jan. 1384 Fell. 1

37% Jan. 14102 Jan. 1467% Jan. 1484 Jan. 14137% Jan. 21104 Fell. 221 'a Jan. 760 Jan. 23r28%Kob. 374% Jan. 2084 Jan.10 Jan. 1426 'a Jan. 1810 Jan. 18"6% Jan. IS111-4 Jan. II

86 Jan. 14137 '4 Kob. 34d%Jan. 14

40 Jan. I

37% Jan. 14115%Jau. 1452 Jan. 23

1003,160

74,3708,110

66.40014,800 _63,090 06% Jan. 3

31 Jan,40% Fob.106% J an.44=4 Jan.123 Jan.39% Jan.129% Jan.% Feb.

70% Jan.

145 Jan.92 Jan.70 Jan.128 Jan.

33 Jan.15% Jan.l%.lau.3 Jan.19 Fob.33 Jan.

240 Jan.13 Jan.67 Jan.14 Jan.81% Jan.1 Jan.6 Jan% Jan.

18 Feb.3% Jan.3% Jan.

28

100% Jan. 376 Jan.67 Jan. 2598% Jan. 2830 Jan. 2816%Jan. 10

h Jan. 382'fJan. 1889 Jan.00 Jan. 1662 Jan. 1621 Jan. 1101 Jan. 1138% Jan. 14

104 Hi Jan. 283,-i», Jan. 21

123 ii Jan. 1487% Jan. 14

135=4 Jan. 14100% Jan. 2743% Jan. 1485 Jan. 14171%Jan. 3128% Jan. 1420 Jan. 868=4 Jan. 1137% Jan. 1477 14 Jan. 1423% Jan. 1438% Jan. 1423% Jan. 1675 Jan. 3106 Jan. 637=4 Jan. 1467% Jan. 7LIS % Feb. 8140%J:in. 1740 Jan, "

240 Fob. 2231) Feb. 329=4 .Ian. 1921% Jan. 1843=4 Jan. 10')2 Jan. 164 6 'b Jan. 2566% Jan. 26100% Jan. 1730 '4 Jan. 471 Jan. 20116% Jan. 1761% Jan. 1417% Jan. 7

110=1 Jan. 1638% Jan. 1471%Jan. 14

1202545370960103182%80%20=432=423

1!J7140l:)3%101%iin>4117131%121)

4033%0141%81

1'27%8218»,001070070%132312%44=.040312438%14413'.;

11 2 -V4410%796015%

18S3071%60800040%46112102%33%48%86%166168183%138%140136147%148%8861100%

"<*

101>«14396%33%77

1.11

113%88318812%

,160121106116%67%80%6666 >4

135%6338110%117%69%

Si Jan.45% Jan.107 '8 Jan.49°8Jan.140 Jan.46% Fob.145 Jan.

1 Jan.82% Jan.

149% Jan.94%Jaa.80% Jan.130% Jan.

.16% Jan.II) Feb.2 Jan.3% Jan.

20 Jan.35 Jan.

246 Jan.14% Jan.62% Jan.17% Jan.37 Jan.l%Jan.6% Fob.=4 Jan.

20 Jan.4 Jan.2=4 Jan.

18

4177=484=4422302%34',85IB '4

US63130%96.19=4

80%164%25%23%5332=,^

64%21351861

lilO

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1'27

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13131019.1

18

Ifll 77

,1

813680%3013430120

12063%81%112

80141%

I7JS33%

340136317%261

4%

18

69%341698136126%04 'a30%70%64114%39%131103166130%62%96%19043%36%706188%37%6087%8330067%74%14314680171174%6060%77%113%6681%116%43%89%118%73%38131%6086%

74%67116%4919063%161a%M

16Sas7»113

IS38%

I"3688%

26421%76%3746%714786%U%n 00

a I u3V 71%> 1

* These are tlie price* bill and aaltod—no sale was made at tl>e Board.

136 THE CHRONKJLE. [Vol. XXXJV.

Railroad Earnings.—The latest railroad earnings and tlie

totals from January 1 to latest date are given below. The

•tatement includes the gross earnings of all railroads from

which returns can be obtained. The columns under the head-

ing " January 1 to latest date" furnish the gross earnings from

January 1 to, and including, the period mentioned in the

second column:,

—

Latest eanmigs reporteit.—. r—Jan. 1 to latest date^Week or Ho. 1882. 1891.

Biir.C.Rftp.&No..3d wk Jan. $58,167 $39,737Cairo 4 St. Ix)Ul8.2<l wk Jan. 8,405 7,017ChlcaKO& Alton .3cl wk Jan. 130.6S9 126,498Chlc.&Knst. 111..3d wk Jan. 38,823 29.397CMc.&G.Trk.Wk.ond.Jau. 28 31,865 24,826Cliic.Mll.&Bt. P.4tliwk Jan 461,000 297,112cue. & Northw..3dwk Jan. 372,300 280,100Chic. St.I-.&N.O.Jannary... 272,000 340,220Clii.St.P.Mini'.:0..4tbwk Jan 89.069 79.318Cincinnati 8outli. 3 wks Jan. 123,766 87,750Clev.Akron&Ool.Sil wk Jan. 7,739 7,263Col.&Uock.V.,iSit;.2(l wk Jan. 54,262 49,302Denver & Kio Gr 4tli wk Jan 156,330 102,702DesM.&Ft.DodKC.Sa wk Jan. 8,938 5,828Det. I.an8. & No . .2d wk Jan. 23.385 19,027Dubuque&8.City.3d wk Jan. 26,582 21,543EastTenn.V. <liiG.3 wks Jan. 167,642 177,580Flint&PereMar.3d wk Jan. 40,359 31,990Gr'tWe9tcni.Wk.endJan.20 94,217 91,075HaunlUal&8t. Jo.2d wk Jan. 32,827 36,081ludianaBl. & W.3d wk Jan. 57,049 44,676lnt,&Gt.Nortb..3d wk Jan. 43,627 40,878lake Ei-le& West.3d wli Jan. 31,233 25,343Long Island 3d wk Jan. 29,909 25,619Louisv. & Nasliv.Jd wk Jan. 215,340 180,500Memp.&Cliail...3d wk Jan. 21,730 28,916Memp. Pad. &No.2d wk Jan. 4.104 4,493Mil.L. 81i.&Wcst.4tIi'WkJan 20,150 12,850Minn.&et.I.<ini8.3d wk Jan. 26.364 12,596Mo. Kans. &Tex.3d wk Jan. S4.33i 76,161Missouri Pacillc .3d wk Jan. 120,519 82.224Northern Pacillc .3d wk Jan. 50,140 26,303N.Y.&N. Eu«l'd.2dwk Jan. 51,029 44,230Oblo Ceutriil.....3d wk Jan. 18,384 11,008OhioSoutUern 3dwkJaii. 8,917Pad.&EUzabetlit.2d wk Jan. 10,978 10,496yeoriaDec. <feEv.3dwk Jan. 15,464 9,6668t.I>.Alt.<fcT.H. ..3d wk Jan, 23,349 21,352

Do (i)rclis).3d wk J.an. 15.210 15,4628t.L.IronMt.>k8.3d wk Jan. 120.153 128,926Bt.I..*San Fran. 4tliwk Jan 89,000 73.300bt.F.Mlnu.Ai.Mau.Kd wk Jan. 90,928 59,035Scioto Valley 3d wk Jan. 7,779 4,618Texas &Pa<itic.. 3d wk Jan. 69,156 63,266Tol.Delp. ABniiSd wk Jan. 16,218 11,581Union Paeillc....24dy9jan.l.528,043 1,012,586 l,528;u48Wab. St.L.cScPac.3dwkJan. 296,965 192,351 ~ "

1882. 1881.$174,215 $112,217

15,375 15,211427,013 365,565108.634 90,785115,549 102,373

1,43.5,000 990,8471,107,949 827,391272,600 340,220307,594 257,784123,706 87.73021,871 21,775

115.789 108,889491.914 307,47424,624 18,328

07.660 57,308167.642 177.580113.701 95,260271,940 272,81863,917 72,162139,992 132.216130,509 122.28187,265 73,24291,444 77.070

641,820 532,90005,347 83,8088.001 8,447

C;),293 39,07777,521 30,008

267,167 223.414370,880 240.781183,716 77,726100,60J 88.36066,971 30,85422,80220,041 19,01343,693 26.88362,502 04,05640,870 47,913

363.039 380,778256,091 212.303270,950 174,17122,812 13,716

213.977 189,79853,574 33,748

1,528,048 1,012,586887.918 572,579Jan. 1 to date. .

1881.Ala.Gt. Sonthem.December. $86,912Atcb.Top.& 8. Fe.November. 1,277,000Bost.A N.Y.Alr-L.November. 24,897Carolina Central. Novcml)er._ 67,000Central Pacillc.Cbcs. * Ohio

1830,$61,275887,15322,39060,455

Deceinber.2, 110,000 1,905,221 23,947,9.1 20,508,113November. 235,585 240,795 2,503,200 2.456,300

198,25482.06310,527

522,565150,61037,89381,402

127,34014,000

287,372175.996181,746494,310157,574

2,290,916 2,412,185

165.7286,690,0491,842,017503,OU8

Cbic. Burl. & Q... November.!.816.133 1,837,860 19,270,965 18,902,476Chic. &W. Mien..November. 118,420 93,370

192,023140,06321,841

530,190169,96437.99899,278

152,79619,000

262,025173,127196.789476,623373.700 _ _ _ _ _

Pennsylvania ....December.3.731,751 3,547,828 44,124,178 41.260.068Phlladcl. &Eiio..Deceml)er. 282.772 281,919 3,454,309 3,727,733Phlla.& Re.KtIug.Decemlier. 1,850,889South (Jarubua. ..29 dysN'v. 116,965 114,831

Cln. Ind.St. L.A ('.December.Gult Col. & 8. Fe. December.Houst.E.&W.Tex.December.miuoisCen. (III.). December.

Do (Iowa) December.Ind. Dec. & 8p...December.Iowa Cential December.K. C. Ft. 8.&GulI.December.Marq. H. & Onl'u.December.Mobile (St Ohio December.Naahv. Ch.ikSt.L. December.Norfolk it West . . . December.Northern Central . December

.

Oreg'n R. Nav.Co. December.

99.8436.528,7451,775,488429,192

1,547,259 1,206,724

2.400,4372,075,2562,237,1925,443,0974,391,681

2,273,6222,049,4232,064,1955,050,3863,338,008

Exchange.—Quotations for foreign exchange are as followsthe outside prices being the posted rates of leading bankers : ,

Febniary 3.

Prime bankers' sterling bills on London.Prime commercialDocumentai-v commercialParis (francs)'Amsterdam (Kullders) ".Frankfort or HremBn(reichmarks)..V ..

Sixtj/ Daya.

4 84 ®4 834 82's»4 834 82 ®4 82125 20 a5 17)240 a 40 ig

Demand,

4 89139490134 MS ®4 88I24 87ia»4 885 133i»5 1040%® 405b93g^a 95%

U. S. Isnb-Treasnry.—The following table shows the receiptsand payments at the Sub-Treasury in this city, as well as thetulamces m the same, for each day of the pa.st week:

Total..

Beeeiptt.

$jr»n. 28.. 1,456,541 57

'* 30.. 1,658,476 3431.. 1,921.282 10

J'eb. 1.. 1,176,399 842.. 1,757,636 753.. 1,183,944 93

9,452,281 53

Paymenit.

1,1.34,3.52 211,988,551 82908,097 98

2,103,608 761.015,271 441,288,823 89

9,038,706 10

Balances.

Coin.

75,857,423 6275,440,9S4 3470,319,399 0376,134,435 1876,189,500 187M,075,819 71

Currency.

4,764,832 924,849,196 724,983,906 154.541,721 084,628,961 414,637,792 92

Coln8.-The following are quotations la gold for various coins:BpTerelgns $4 93 ~^- ""-..--- ""Napoleons 3 gsX X Rclchmarks. 4 73X Guilders 3 94Bpan'liDoabloons.lS 65Mei. Doubloons.. 1 5 50Flnesllver-barg .. 1 14Flnejfold bars. ... par » >« prVrn!Dimes ti ij dimes. — 99is» par

9$4 88® 3 88a> 4 78» 3 97•815 85»15 65a 1 I4ii

SUver i«8 and ijs. — 99\9 par.Five francs _ g.s .31 -TgsMo.Tican dollars.. — 99 © _ 90Do im(x)miuerc'l. — 87 a _ soEngUsh silver.... 4 73 a 4 80Prus. silv. thalera. — 67139 — 70U. 8. trade dollars — 99143) — ouaoU. 8. lUTerdoUars - gg'Ja par

New York City Banks.—The following statement shows th«condition of the Associated iianks of New York City for th«week ending at the commencement of business on Jan. 28.

Capital.

Average amoiml of

Banks. Loans anddiscounts.

Specie. LegalTenders.

t3S8.000

Net devt's

,^ otherthan U. a.

0*rnrt«-tion.

New York 2,000,000t

10.128.000 2,450.000 10.478,000 4se,ooo2,050,000 l.^Ml.OOO 35-f,fX)0 7,2.18,000

UerchantB 2,000,000 7,1[)4.000 850,000 913,500 6.51J,300 380,0002,000,000 7.B05.000 l,«'i,'3.000 435,000 7.081.0001,200.000 4.''7a.800 1,1B9.600 2i3,700 4.5*1,600

America 8,000,000 9.014.500 1.678.i00 689.900 7.1o4.00( 1,1 (»1,000,0001,000,000

8,572.0006,453,500

833,0003.371.91X1

54.000463.000

3.429.0008,l.:.2.4l)C

287,004City

1,000,000 2.?80,U00 296,300 lJ.i.4oo 1.471.Olio -isi.mo600,000300,000

l,Bo7.40«l^).88O,O0C

870,8003,723,100

148.400460,100

, 1.360,70014,201.400

1,000,000 4. 175,1100 773,200 333,300 3,023,600 781,7eaOallatln Natlon'l 1,000,000 4,211,000 8',7,700 l'J3,«00 2.3-9,400 785.200Butchers'&Drov. 300.000 1.608.500 SSfl.DiX' 5%2o(i 1 .482.300 249,600Mechanics' &Tr. 200.000 1.059,000 JbO.UOO 13I1.OO0 1,09<!.000 174.000Greenwich 200,000 93S,800 1U.700 141,'200 »<

, ,200 2,60(»

Leather Man'frs 800,000 3,000,900 411.200 172.6JO 2.i74.200 472,000Beventh Ward... 300,000 «S4,300 192.J00 »:>.iiM 1.040,100 31,000State of N. York. 800,000 4S4.6IJ0 27o.3uO 3.439.800 45,000American Exch.. 5,000,000 11,663,(1011 4, 170.000 7b5.O00 11.378.000Commerce 5,000,000 16.»;8,600 3.251,41X1 B03.tloil 10,707.100 954,100Broadway 1,000,000 6,a7i,aKi 090, .0(1 2Ji,2mj a.'iOi.OOO 900.00*

1,000,000 6,676,100 1, '.28.200 433,300 8.333.700 798,200Pacific 422,700 2.i63.900 516,400 201,^00 2.1183.300

Republic 1,500,000 5.346.000 435.60(. i»0,8oo 8.000,100 1,125,304450,000 8,015.000 1,013.300 l.MS,Ooo 4. 1 17.000 45,00«200,000 l.4;7,a0!i 2iJ9.»liO 10j,7oo 1.708.600 5,400

North America.. 700,000 2.7b7.10C 117,000 2M6,1'00 2.712.1!001,000,000 ;.670.400 848,70(1 l,('30,9uo 7.416.800 792.509500.00(1 3.831,300 ol^.lM' 24 J 2,X1 3.OI.9.O01J 439,00»

Metropolitan .... 8,000.000 13.7.«.000 2,320.00 ' 866,000 il.oa 1,000 2,250,000600,000

1.000,000

2.310,20('2,s:».D0C

424,30il22K.:i)l'

222,70015i,3ou

2.4M.4003.613.100

265,30ft3,900

Market 500.000 3.0v>l,000 50«,6Jii 103. 01. 2.31I.201J 450.00*St. Nicholas 500,000 3.l'43,:00 316,401' 96.2J0 1.630.91 K. 419.000Shoe Si Leather.. 500,000 3,107.00C 698,000 123.O00 3.2117.000 430,000

1,000,000 4,052.900 213,000 148,000 2,762.0jo 4,600Continental 1,000,000 B.083.80'.i l,all,40(' 26.H.601' 6,477,300 763,2i»

Oriental 300,000400,000

1,500,000

2.015.5008.437.00018.015.800

30,30'

1

6.")l,'i01)

6.333.7l).i

403.20021IB.O00137.500

1.949.3034.007,0.1,,

22,16l.»C!l

45,i)(;0

Importers' * Tr.. 1,104,700Park 2,000,000 \SMi.SOU 4,51.1.300 1,381 ,3>)fl 22.747.<0C 46,0«0Meoh.BkK.Ass'n 600,00(1 1,087.200 266,900 85,400 9,^5.OorNorth Hlver 210,00IJ 1 .000,200 29.400 I'^i.so,-, 1,028,400Bast River 250,001] I.ISS.SOO 121.300 1S2.0U(1 1.037,700 225.000Fourth National. 3,200,00c 17.. U.).50C 4.0:.'7.L100 708.100 1 (,287.30(1 SU'.OiK*

Central.Nat 2,000,00c B.l-'S.OOO 7311,000 1.334.00(1 8.737.O0O 1.261.0Second Nation '1. 300,00c !l.i:-2».OilO ej2.i.iio 320.00U 3.69J.000 220.00*Ninth National.. 750,000 e.si-i.Boo 1,74^1100 448.O0O 7.046.400 b90.0(

»

First National.. 500,000 14,413.000 8,K86,iiO! 8.0,«.Ju ) 7.389.000 42a,S'JII

Third National.. 1,000,000 5.o(ia400 ),14B.4O0 5M.(>iiC 6.3; 8.000N. Y. Nat. Exoh.. 300,000 1.505,300 l>.4.3iO 1 20.400 1.201,200 869.808Bowery National 250,000 1,721,000 1H6.000 213.000 1.582.000 221.000N. York County.. 200,000 1,49(1.800 33, lie 419.9m. 1.801,100 180,00«Uerm'nAmeric'n 750,000 2.7811,000 35II.5K 101.4 u 2.510.100Chase National.. 300,000 4,V02,20(. 1.251,6.X) 117,3 K, 6 479.8i)C »i,seoFifth Avenae...

.

100,00(1 1 ,912,000 85l.(S'>ii K-i.nj 2.028,8German Exch. .. 200,000 l,4,i3.700 5i.0(KI 194 (ion 1,633,4;,(1

Germanta 200,000 l.SitfU.SOo 46,000 175,701, 1,532,6)0U.S. Nat 600,000

01.182,700

4SO,00«

Total 3i2.966,5a" 68,8'65.(10:i 1»,;7.<I,8) 316,109,100 20.040.S0*

The deviations from returns of previous week are as t'ollows r

Loans and discounts Inc. 11,894,700 I Net deposits Inc. {4,118,309Bpede Deo. 408.300 { Clroulation Inc. 89,300Legal tenders Inc. 861.300 1

The following are the totals for a series of weeks past:

1881.Not. 5,

12

Loans,t

313,350,900.313.123.800.315,182,300.314,758,800.313..321,700.314.788.900.312,978,100.813,164.100

31....315,443,4001882.

..310.110,400...319.534,000...321,071,800..322.066,500

19...28...

. S...10...17...24.,

/Specie.

60.913.50060.788,90059,919,70057.02 '.10066.316.80051.858."005.'j.222.200

57,390,10067,782,500

L, Tenders.' S

15,211,80014,853.00015,276,00015,59 ;,uoo15,861,70015,740,4001.',73H.50016,01n.30015,912,000

DeiiOSits,

892.082.500290.677,30(1291."88.5002-6.50il.400'e.«6.437.5J02S6,2J6.I1K)28:.y-'7.600287.484. 100289,890,400

Circuldtiort. Aqq. Clear.

20,008,400 1,021,882,1992j,013,100 796.6rt4.25»111.963,40020,'li>u,200

20,138,20020,23(1,40021,127,800

892,319.707S9.',475.60S982.839.20a!io2.33''>.B«»

98,«9«,ae72 1,125,800 ],0<W.5.39,(»»20,182,400 915,e8«,20fi

Jan. 7." 14" 21

21,200,000 l,001,448.r,»20,158,600 972,200.94820,001.500 9:i5,819,B6T20,040,803 907.3 12.34»

81,614.000 18,678,800 23 l,.300, 1006.1,,-)29,200 17,314,800 3.)7,4i'2.a:) 1

88,764,100 18,909,3JO 311,996,10)88,356,800 19,773,800 316,109,101

Boston Banks.—The following are the totals of the Bosiocbanks for a series of weeks past

:

Loans, Specie. L. Tenders.1831. tin

Sept. 5.. 182,403,700 7,954,400 8,039,300' 12.. 161.15,'i.OOO 7,3i5,600 3,041.100

158,845.300 0.721,300 3,100.700

Oct.

19.,20.,8..1017.,24..31.

'14!

21.

Dec. 5" 12." 19," 271882.

Jan. 2.

157.213.7(10137,446,1001311,130,700155,4»1,6001.34,130,500154,270,800154,781,200134,282.100133.194.600161,006.900149,tM7,900149,738,100I49.«90.20a160,957,400

Specie.

7,954,4007,3i5,6006,721,3006.9 J 1,4007.374,5007,468,9006,765,3006,714,3000,818,3007,105,3006,895.2000.560,4007814,6007,813,4008,163,3008.036.4007,7»3.800

3,207,900a.lS'.USOO3,451,4008,221,9008,484,8004,080,4003,709,1008,724,6003,834,4003,725,5004,193,8004,496,0004,477.2004,669,500

Deposits.*

103.8.80,500102,409,80099,81 1,40098.693,700

100,669,70099,601 ,'200

93.810.41006,1132,20093.516.30098,570,4009-,3jo,30097,595,70093,416,10096,219,10095,889,.8<X)95,21 1,:<00

94,763,800

(71rculatioa.*

81,558,80081,526,20081,633.30031,691,90031,719,30031,628,00031,541,60031,496,10081,871.60081,806,60031,883,10032,070,40032,156,30032,106,60032,033,60082.180,00032,302,300

4iw. OIe4tr»

78,46n,8ai86,820,11482.209,17074.176,26666.910,48397.084,88*90,450,35389,087,82»82,097,88»94,946,64084,055.82*88,781,98067,801,10379.418,7S»71,657,28874,238,8007S,e60,«M

151.590.6419. . 152,286,000

" 18.. 15:1.137,100" 23. . 152,563,200•• 30.. 152,351,900• Inoludine the item

Philadelphia Banks,are as follows:

Loans.

7,268,1007,047,5007.533.0007,468,2007,387,700

5,010,400 96,874.800 32,003,.'!00 80,703,78»4,731,100 97,342,500 32,191,100 83,940,9384,648.300 07,804,600 32,282,600 80,738,MT4,869,500 96,721,900 32,128,800 77,860,7814,888,200 96,133,400 81,379,800 65,887,114

due to other banks."

The totals of the Philadelphia banks

1881.Sept. 19

28Oct. 3" 10 ..." 17 ....•' 81...." 31

Nov. 7•• 14 ...." 81" 88

Deo. B...• 12" 19" 26

80.651,49379.321.63878,658.27678,612.63178.303.28677,483,36178,673,8.6376,873^15376,532.08975.305.507•«.9 12.21478,967,60774,064,73974,231.56374,41«,3«*

Jan. a '7S,755.9«1" » 74.089,072" 16 74,165.142

23 74,6l>0,23730 75,446,389

L. Tender*.t

18.938.60718.143.75119,041,95117,907.66417,509.95216,886,1 0316.773,58217.851. 14117,381.4»617,259.4a517.893,62117.994,09117,923.23617.49S.S2816,706.348

16,708.71517.489,33117,897.24818,180.55617,921,938

Depnsil.*.S

73.36 l.Sl'O

7.).46!l.936

71,61.8.343611,120,91669,162.41407,it80,50787,008,77666,428,21066.90'J.<'6968.992,93165.284,80260,662.9«164,519,7'2664,786.823ei.'SO.'lB*

64,218,97661.689.53763,113.77163.4I5.I'6»63,869,403

Circulation.t

10,903,16110.942.59310.971.823U.013.82Sn.«a7.i03'll,106,8i811,069,14511,082,79611,113.81511,123.59811,122.31911,132,67011,146.270ll.i:t6,7<011.117,323

11,117.50111,137,03111,133.98611.086.15611,189.641

Ago. Oleasr

5S.625.98il52.818.88044.2'i4.79»60,709,08*52.488.18153,019,74648,838.774E.4,704.90«48.41 4.78S67,969.49848.42-i,6T661,0KV7«50.868,6. «01,liS,8g:<W,49»,700

46.992.te*50.513.47450.917.991B7.(i92.41«53,a87,08»

Pbbrvakt 4, 1882.J THE CHRONICLE. 137

QliMERAL QUOTATIOI^S OF STOCKS AT^D BONDS.Quutittliiiu in M«>7 V')rtt ropr'n rîit t'lB par ooat vnUio, wliiHnvnr tlin |i*r may l)0 ; ollior (|iiotiitl(>ni« are fraiinantly m»d« par I

Thor,ilh.,vloitnl>l)r.iVlatloin.no 'ftiMi iiwd, vU • " >I.," for ni'irtifiixrt •' a.," fi>r i{iil4; " K'd," for Kuaruntoad ; "end.," foranioiMd; "sou."for oonxolUlatml : " oniiv.," for c(>nvcirtll)Ie ;

" a. f.," for «liikliiij fund ;" I. k.," for land (jraut.

Quotiifinnn tn Xiiw York nro to TlmnMliiy ; from otlier cttins, to loto mail daton.

Mabarrlbem will conlter a fkvor by glvtaK notice or nor error dlaeorered In these Qnotatlona.

UKiTKii 8TATKH Bonds.

imiTKU STA'riCH BONDSBid.

*f, 18Hl,ionllniUHlat;i's ri'K

H». IS'il do do rex.4Hl». 1H91 rnK.4>«8, 1891 coup.4a, 1007 rcK.4«, 1!>07 coup6«, Ciirrenrv. IRtlft

6e, Currency, ^^^m

Ask.

6s, Currency,Oa, Currcn<'.v,

8s, Currency,

\M7..IHilH..1809..

\.I 101 101><(J— I>'10J>9'1021«Q—M ii;iiw.

0-M;lll%.Q-.I 118.O-J 118

.re(t....JA.l l-.!7

i-eK.....I'Wtl.'0n'i,'....JiU|i:t0

roK KVJ|i:i2reK....J&.l 133

PORKIGN OOV. SKCCRIT^S.Quebfo—Sa. 1008 MiN

8TATB .SECrRITIK!*.AUbanift—Cliiss "A," d to5, 1906... 8II4

d<» HiuitU hiCBass '• B," 58, 1»0« UM)J«CUb8"C," 4.-, 1906 M2e», 10-20, 1900 J i J 101

Arkan&iH—68, fuude<I, 1H99 ..J & J :i2

7«, h. K. A Ft. 8. IsHUe, 1900. A & O 277s, Mftuii.liU & I,. R., 1899. .A & O 2578, L. R. P. H. A N. O., 1900. .A & O 157B,Mlex.O. &R. Rlv., 1000..A&O 167«, Ark. Ccntrrtl KK., 1900.A & O in7B,Lcvce<)f 1871,1900 J &J 5

Oalifornla—(is, 1871Oonn6ctlcut-«s, 1883-4-5 I02>aDelawaro—6» JJiJ'Florida—Consol. cold Os J & J 97Geor>,'ia—6», IH.so-nti F& A 10578, new boudH. li.><0 J & J 1087s, ondorwtd, 189t! 10878, gold bonds, 1890 Q—J 11-t

88,'76, '80 A*0 103Kansas—78, lung J&JLouisiana—New cou. 7s, 1914. .J&J 67's

79, smalUxinds t>3

Maine—Is, 188>< F&A1I02War delitH iissuraed, 68,'89.A& Ol 1

1

1:>HWar loan, 0«, 1883 M&S 10 1 is

Marylaiul—Gs, defeuse, 1883.. J&.lli0y3e68, exempt, 1887 JAJll()«68, HOHpttal, 1882-87 J&,1 10068, 1890 Q—J lOtJ

58, 1880-'90 (J—J 98Ma8s.icbu8etts—58, 1883, gold .J&J I 100»i

88, gold, 1890 A(kO 1115b, gold. 1894 Var.i U5>s58, g., sterling, 1 891 JAJ ; ...

.

do do 1894 M&.v; ....

do do 1888 AAO' -.-

Klotdgan—6a, 1883 J & J ....

7b, 1890 MAN 110Miiuiesota—7s, RR. repudiated 130Missouri—68, 1836 J A J 107Fuiidlnir bonds, 1894-95....J A J 111Ixmgbouda, '89-90 J A J 111"*Asylum or University. 1892.J A J lll^flHamiibal&St. Jo., 1886....J & J

do do 1887. ...J A JF.Hampshire—58,1892 JAJ 109War loan, Gs, 1892-1894 JAJI 117War lo.in, t>9, 1901- 190.5 J A J 12.)

Wârloan, 69 1884 MAS 104New Jersey—6s, 1897-1902....JAJ*68, exempt, 189G JAJ*

New York—68, gold, rtg., '87. ..JAJ6s, gold, coup., 1887 J A J6s, gold, 188;^ J A J6b. gold, 1891 J A J6s, gold, 1892 AAO6a, gold, 1893 AAO

Ho.CaroUua—68, old, 1880-'98.-JAJ 30Gs, old AAO 306s, KC. RR., 1883-5 J A J I3o68, do AAO 1356s, do coup, oir J&J 11')

68, do coup, otr AAO 1156s,Fuiidlngactofl8HU 1900JAJ 105". do 18«8,1898AAO 106s, new bonds, 1892-8 JAJ 205s, do .AAO 206«, Chatham RR AAO 468, special tux, class 1,1898-9AAU 66s, do class 2 AAO 6e«, do olaasS AAO 6%tt, new, 1910 ...J A J 848. new, small 81

OhiaCB, 1886 J A JPeuusylvanta—5s, g, '77-'78..FAA*5s,cur.,reg., 1877-'82 FAA68,new, reg., 1892-1902 PAA 11568. 10-13, reg., 1877-'82 FAA68, 15-25, reg., lS82-'92 FAA

Rhode I8^d—(j^^,139;i-9, coup. .JAJ 122South Carolina—Ha, Act of March )

23, 1869. Nou-fundable, 1838.. JBrowne consuls

Tennessee—lis, old, 1-90-98 ..JAJ6s, new bonds, 1892-1900 ..JAJ68, new series, 1914 J A JFastûe oonpous

Texas—Oh, 1892 M ASI7», Kold, 1892-1910 MA.St'«. KoUl, 1904 J AJI

Terinont—Bs, 1890 J A J>Virginia— Gs, old, 18S6-'95- ...JAJ 34

t>9, now bonds, 1886-1895. . JAJ 3468, oonsol., 1905 JAJ 9068, do e.t-conn., 1905...J A J 60OS, conflol., 2d series J A J 456«. deferred bonds l.=»>410-408, new 3j»i4

Tax-receivable coupons OS

llH's115U8>eI18i«

8Sls

38 >s

4025

1510

103

iio'>i

lis

68

IO3I3116102 19104

ClTT SECimiTIBB.

lOlis113116

140

111118126105

9

10173 '4737345

112120122

10

83

10

73>s

92115125132

174172

Price nominal ; no late traosaoUous.

CITY SECVRITIBS.Albany, N. Y.—Gs, long VarlousI7s long

Allegheny, Pa.—48 JAJGs, 187ti-'90 J&.IWharf 7s, 1B80 J&J*Allegheny Co., 5b JAJ

Atlanta, Oa.—7sDo. 8«Waterworks

Augusta, Me.—Gs, 1887, mim..FAAIAugusta. Oa—78 VariousAustin, Texas-10sBalthnorc—Gs, City Hall, 1884 O—

J

68, Pitts. A Con'v. KR.,188G. . JAJ68,con8ol., 1890 Q—

J

68, Bait. A O. loan, 1890 Q—

J

68, Park, 1890 Q-M6s, bounty, 1893 MAP6s, do exempt, 1893...MA8,59, funding, 1894 MAN68,1900 JAJ6s, West. Md. RK., 1902 .... JAJ58, eonso'., 1885 6—

J

68, Valley UR., 1886 AAO6s, new 1916 MAN

Bangor. Me.—Gs. RR.,1890-'94.Var.l69, water, 1903 JAJI69, E.A N.A. Railroad, 1894. .JAJtGs. B. A Pl9catn.|nis RR..'99.AAOi

Bath, Me.—Gs, railroad aid Varl5«, 1897. muHicipal

Belfa.st, -Me.-68,rallroad aid. '98..

I

Bostoii,M:i.ss.—G9,ciir,long,1905Vai-lGs, currency. 1894 Var.5s, gold, 1905 Var.l4s, curreucv, 1899 JAJ

Brooklyn, N.Y.—78, '82-83. ...J A J78,1883-95 J A J78, Park. 191.5-18 J A J79, Water, 1903 J A J78, Bridge, 1915 J A J69, Water, 1899-1909 J A J68, Park, 1900-1924 J A JKings Co. 78, 1882-'89 MAN

do Gs, 1882-'8G MANBuflalo, N. Y.—7s, 1880-'95....Var.79, water, long Var.l69, Park, 1926 MA SI

Cambridge, Mass.—5s, 1889...AAOIGs, 189i-9G. water loan JAJt68, 1904, city boud.s JAJ

Charleston, S.C.—G9, 8t'k,'7G-98..Q-J78, Are loan bonds, 1890 J & J78, uou-tax bonds48. non-t.ixable

Chelsea. Mass.—68, '97,waterl.FAAtChicago, III.—7s, water bonds, 1892

78, water bonds. 189578, city bonds, 189278, city bonds, 18954>s8, city bonds, 1900Cook Co. 78, 1892Cook Co. .is, 1899Cook Co. 4iiS, 1900West Chicago 5s, 1890Lincoln Park 79. 1895West Park 78. 1891South Park 68, 1899

Cincinnati, O.—Gs, long.. Var.lGs, short Var.l7-30S Var.l78 Lonjcl7 3 lOe, R.C., var.MAN .":.

Southeru BK. 7-b08. 1902 ...JAJdo 7-309,1906do Gs, g.,190(f MAN I

do Cur. Gs, 1909 ....FAA t

do 8kg. fd. 5s, 1930.MAN t

do 48 JALHamilton Co., 0.,Gs t

do 78, short I

do long 78 & 7-309.1Cleveland, O.—63. long Various'Special 79. 1879-'89 Ye.-irlyl

Columbus, Ga.—79, Various Var.Covingtou. Ky.—7-30S, long I

7-30S, short t

8a I

Dallas, Toxa9—8s, 1904lOs, 188.1-96

Dayton, O.—Us J 890 I

Detroit, Jlicli.—7s, long. ..'. Var.l78, water, long Var.l

.District of Colurahia—Consol. 3-0.').'i, 1924, coup FAAConsol. 3-B3H, 19*24, regFunding 58, 1899 JAJI

do small JA.ndo registered JAJt

Perm. Imp. Gs, guar., 1891.. .JaJIPerm. Imp. 78, 1891 JAJtWash.—Fund.loau(Coug.)G8,g.,'92lP>md. loaa(Leg.)68,g., 1902 Varl

Elizabeth, N. J.—7a, short78, funded, 1880-1905 Var,7s, consol., 1885-98 AAO7s, 1503

Fall River, .Mass.—6s, 1904.. .F* Al5s, 1891, gold ....PAA I

Pitchburs. .Mass.—6s.'91,W.L..JAJfFredericksburg, Va.—73 MANQalvcston, Tex.—lOa, '30-'95 ..Var.Galvest'n Coi*nty,l(>s. 1901.J & J

Ilsrtfonl, Ct.—City 69, var. dates..)Capitol, untax, Gs I

Hartford Town 4'a8, untax I

Haverhill, Mass.-6a,'85-89.. AAOI

Bid.

log122

107115no105109112104>2107»41141411411412012211312828103IO714119110r201111111021021041271231a117104100103140137138124129102101103115108107123I24I28043103801201201s1271s120131251071201a109107105106

ABk.

110US

107112lis106108115113113

116134134

108"

1211121221121s112i«102 13103IOII3129124118103105130145140140127132114110116120110108123

5

122

126%107%

109%1081071s108116

108i3|109

1301301191191121s101

95

100105107105114

106106I12is1121311214114%119114%1214343434312411111311095

107124

108

132133133122122115105

108

103115

113113

CiTr BB017RITIKS.

128112107103113

113%113%,113%III5141201151312345454545125Ill's115112110

109128

110

Bid.

Hnuslnn.Tex.—10s 30Ga, funded 30

Indianapolis, fnd.—7-30s,'93-99JAJt 1 10Jersey Cit.v—Gs, water, long, 1895.. 107

78, water. 1899-1902 J A J 1127s, Improvement, 1801-'»4.... Var. 1007s, Hergr'n, hmit J A J 107Hudson Coimty, Gs AAO 105

do 7s.MA8andJ.vl> 107Bayonne City, 78, long JAJ 108

Ijiwrence, Mass.—«l«, 1894. ..AA Ol 119Long l8landClty,N.Y—Water,78,'05Louisville, Ky.—78, long dates. Var.l 117>«78, short dates Var.l 109Gs, long Var.l 103Gs, short Var.l.is 103

Lowell, Ma88.-^68, 1890, \r.L.tfANI 116Lynchburg, Va.—Gs J A J 1048s J A J 120

Lynn, Mass.—68, 1887 FAAI 109Water loan, 6s, 1894-96 JA,I liO59,1882 MANI 100

Macon, Ga.—7sManchester, N.H.—58, 1883-'83J.kJ I 101Gs, 1804 JAJI 117

Memphis, Tenn.—Oa, C JA.T 4568,A*B....u JAJ 4068, gold, fund., 1900 MAN 40Gs, enfl.,M. AC. KB 60Gs, consols lAJ 50

Milwaukee, Wis.—58, 1891.. .J A Dl 9878, 1806-1901 Vart 10678, water, 1002 JAJt 115

.Mobile, Ala.—3-1-5S, ^mdcd..MAN 58Montgomery, Ala.—New 3s ..JAJ 653s, new 83

Na.shville, Tenn.—69, oldGs, new .;....' 100

(Newark—6s, long..... .....Var.l lOG" 78, long ....Var.l 112

7s, Avaitcr, long VarNew Bedford.Mass.-Gs, 1909. AAOI59, 1900, Water Loan A.AO

N. Brunswick, N. J.—78 1

GsINewburyport, Mass.—Gs, 1890.JAJINew Orleans. La.— Premium boiuh)Consolidate*! Gs, 1892 Var.

Newport—Water bondsN.Y.City -58, water 8tock,'90.Q—F

I

Gs, do 1883-90.....Q—F6s, aqueduct stock, '84-1911..Q—

t

7s. pipes .ind mains, 1900.MANGs, restfrvoir bonds, 1907-'11.Q—1"

5s, Cent. Parle bonds, 1 898 ...Q -I'

Gs, do 1893...Q—F78, dock bonds, 1901 MAN68, do 1905 MAN7s, market stock, 1891-97..MAN6s, iniprovem't stock, 1889.M A N79, do 1890 ...MAN69, gold, cons, bonds, 1901.MAN:Gs, street Impr. stock, 1888 . .M A N78, do do 1882.MAN69, gold, new consol., 1896...78. Westoheiiter Co.. 1891 .,

Newton—Gs, 1905, water loan. .JAJ58, 1905, water loan JA.>

Morfolk.Va.—G9,reg.9tk,'78-83..JAJ,8a, coup., 1890-93 Var.89, water, 1901 MAN

Norwich, Ct.-5s, 1907 AAOI78,1905 J.AJ

Orange, N. J.—78, long I

Oswego, N. Y.—7s, 1887-8-9 1

Paterson, N. J.—7b, long Vai6s. lonft59, long

Poterab'JTg, Va.—68 JA

)

8s JAJ89, special tax

Philadelphia, Pa.—5s, leg J&J*^s, old, reg JAJ6s, new, reg., due 1895 A over.JAJ49, new

PltUsburg, Pa.—19, coup.,1913.. JA.I.59, reg. and coup., 1913 JAJ.78, water, reg.Acp.,'93-'9S....\AO.7a, street imp., reg, '83-8G Vai

.

PortUuid, Mo.—«8,Mun., 1893. Var.l 116Gs, railroad aid, 1907 MAS 119

Porismimth, N.H.—Gs,'93,RR.JAJi 1

PoU!,'lik«ep9lo. N. Y.—78, water 1120

I'rovldenco, U.L—5a,g.,1900-5.JAJ t 115Gs, gold, 1900, water loan. ..JAJ 12368.1885 MA 81 105

RichmoUd, Va.—Gs JAJf10^

89 •'*•'f,l

58 103ttochestVrVN.Y.—68 Var. 10778, water. 1903 J * J' '25

Rockland, Me.-68, '89-99,UR..FAA 100it. Joseph. Mo.—78 Var. tdOBddge lOs, 1891 J A J ISO

^t. Louis, M0.-68, short--Xi^;' }^,

Water Gs, gold, 1890 ! *"' \^\*do do (new). 1892.AAO 112'a

Bridge approach, Gs 112>«

Renewal, goUl, Gs Var. 113Sewer. 08, gold, 1891 -'93 Var. 112"«8t.L.Co.-Pa»»,68,g.,1905..AAO 118Currency, 7a. 1887-'88 Var. 103

3t. Patil.Mlun.— 68, •88-'90...J A D 1037s, 1«)0 MAN 1108s, 1.US996 Var 1112

Salem. Mass.—Gs, long, W. L. .AAOM 2259, mat. W. L JAJ )110

116108101106128I'iO112118123122126107114

109'

104121109127117103120129112128110101118111106100112113

126

4040

i08"113no108106108109

flO118I«113109

104117

loei*121loo's

101 >•117i«

117

mi*7090

no117'«126130113109104114

116>9109115120130122113119130123127108116

i'lo"107123110129117'*105127ISO114132

103120112'*106

101 >•

119>a113

US'*127107Ill's13t

112

10614

108115

i2i"111

t Puroliascr alao pays aoorued lntereat> t lu Icudoa

138 THE (JHROJSICLE. [Vol. XXXIV.

GENERAL QUOTATIONS OF STOCKS AND BONDS—Continued.For Kxplauatlons See Notes at Head of Plr«t Page of qnotatlona.

CiTr 8EctiRiTii;»

8. » rauc.lsco—78, g.,City & Co. .Var.

Bavannah funded 5s. consolsBomerville, Mass.—5b, 1895..A&O

68, 1885 -J^6»«a,1884 A&O

BprinKfleld, Mass.—63, 1905..A&O78, 190a, water loan A&O

Toledo, 0.—7-30e, KE., 1000.M& N88. Var.

8s, water, 1893 & '94 .Var.

Wa8nington,D.C.—5ceDist. of Col.

WUmtuKton, N.C.—6s88, gold, cou. on

Worcester, Mass.—Cs, 1892. ..A&O58,1903 A&O48,1905 A&O

Tenters. N. Y.—Water. 1903RAIIil&OAD BONDS.

Ala. Cent.—let M.,Cs, 1918.... J&.>

Tuoomo6s, 191B J&JAla. Gt. SouUiern-iBt luort., 1908Alb'y & Susil.—ist M., 7b, '88. .J&J2d mortgage, 78, 1885 A&OConsol. mort., 7s, 190e.guar.A&0

Allegh. Val.—Gen. M., 73-108. .J&JEast, exten. M., 78, 1910.. . .A&OIncome, 78, end., 1894 A&O

Atcb'n & Neb.—Ist, 7.?, 1907..M&SAtol>.& Pike'sPeak—lst.78, g.M&NAton.rop.&B.F.-lst,78,g.,'99..T&JLand grant, 78, g., 1902 A&O2d mort., 78, g., 1903, conv. A&OlAnd Income, 89 J&JGuaranteed 78, 1909.. J&J&A&O5B,in0O.....58, plain bonds. 19204ia8, 1920 A&OFlorcncoA El Dor'do, l8t.78.A&OK.C.Topeka&W., let M.,7e,g.J&J

do Income 78-A&0N.Me!f.&8o.Pao.,lst,78,1909 A&OPleas't Hill &De Soto, l6t,7s,1907Pueblo & Ark.V., lat, 78, g.,1903Wicliita&S.W.,lst,78,g.^ua..l902

Atlanta & Charlotte Air £., 1st, 7sIncome, 6a

Atlantic & Pac., 1st 6s, 1910. . -J&JIncomes, 1910 J&J

Baltimore & Ohio—68, 1885..A&OSterlmg, 59, 1927 J&DBterUug, 68, 1895 M&SSterling mart., 6s, g., 1902. .M&S

do 6s, g., 1910. M&NParkersburgBr., 68, 1919. ..A&O

Bait. & Pot'c—1st, 6s, g., 1911.J&J

86tl07HOSifi110511281130I

t

t.:...-

95110tll6i-j113104tl20

105 12

jii'i

1131a108128120S12655117100118%1116

Bid.

90109106106128135

102115117%111106

1102114%9993%89%

109U17%110%115110%H15tll2109929578

Ist. tunnel, 6s, g., g'd, 1911.A&OBelviderc Del.—lst,69,c.,1902.J&I)

Zdmoi-t., 68, 1885 M&S3d mort., 69, 1887 F&A

Boston & Albany—7a, 1892-5.F&A68,1895 J&J

B08t.CUnt.& F —l8t M..,68, '84,J&Jlet M., 78, 1889-90 J&JN. Bedford RR., 78, 1894....J&JEquipment, 68, 1885 F&AFram gliara& Lowell—Ist, 58,/91Notes, 8s, 1883

Boat Conc.& Mon.—8.F., 6s,'89.J&JConsol. mort., 78, 1893 A&O

Bost. Hart.& E.—1st, 78, 1900.J&Jl8t mort., 7s, guar J&J

Boston & Ix)weU— 7a, '92 A&O69,1890 J&JNew 58, 1899 J&J

Boston & Maine—7s. 1893-9 1. J&JBost. & Providence—7s, 1893.J&JBo8t.& Revere B'b—l8t,69,'97.J&JBrooklyn Elevated-BondsBuff. Brad.& P.—Gen.M.78,'90.J&JBuff.N.y.&Erie-l8t.79. 1916.J&DBufl'.N.y.& Plul.—1st, 6s,g.,'96.J&J2d mortgage, 7s, g

Buff.A Southwest.—68, 1908. .J.&JBur. C. R.&N.—l8t.53,new,'00.J&DBur.&SontUw.-l8tM.,83,'95.M&NCairo& St.L.—let M., 7s, lOOl.A&OCairo & Viucennea, 1909Oaltfor. P.1C.—lstM.,78, g.,'89.J&J2d M.. 03, g.,ond C. Pac, '89.J&J3d M. (guar. C. P.), Os, 1905.J&J

_ do do 3s, 1905.J&JCamden & Atl.—lBt,78, g., '93..J&JOam.& Bur. Co.—1 at M., 68,'97.F&ACanada 80.—l8tM.,giiar.,1908,J&JCarolinaCent.—l8t,n8,g.,1920.J&JCatawlBna- 1st M., 78, 1882..F&AHew mort., 78, 1900 F&A

Cedar F. & Min.—Ist, 78, 1907.J&JOedar R. & Mo.—Ist, 79, '91 . . . F&A1st mort., 78, 1916 M&N

Cent. Br. U. Pac..lst8,6s,'l)o.M&^•Fund. eoupon 78, 1895 M&NAtch'n Col. dj P. Ists, Ob, 1905Atcb.Jew'lCo.& W.l8t8,0a,ln05

Cent, of Ga.—1st. cons., 7s, '93.J&,1Macon &AUK.,2d,eud.,78,'79.J&J

Cent. Iowa—Now let., 78 , '99.J&JInc. bonds," debt certs.", 78,A&0

Central of j*. J.—Ist M.,7»,'90.F&A78, wmv, 1902, assented....M&NConsol.M.,7e,1899,a88euted.Q—

J

AcUuBtnient bonds, 1903Income bonds, 1908 M&NAm. Dock & Imp. Co.. 78,'86 J&J

do a'iscntcddo 58,1921 J&J

l«h.& Wilke«b.Coal,lnc.,'88,M&NConsol., 78.gold,li)00,a9.->'d.Q-M

Cent. Oblo—let M., O.s, 1890 M&SCent. Pacific—1st, G9,g.,'95-98..T&.TSUteAld, 79, g.' 18*1 .... jS8. Joaquin, 1st M.,es,g.l900.A&OCal. & Oregon, l9t, Gb, g.,'88.J&J

107:104(114U17;120106 14(112till1161001061126%1119101%1111%1118103105

109%1115%61%

1119%1112%10411261126116%60100123%101

Ask.

113

129%

123

117%101119117

10311599%0490110118112115>4112II514113110959736I4108106116119122107%114113

Railroad Bonds.

127120102112%

95%

11011601%

12011310.)

126%126%11770110

OOTg60

100

,38110810210365

114

108

91 1^

95

120

tiY6%U20100100

115

m'%115%114%114107103

10'

109%113%101109103

33

93%100

115117120%

98

lis'

112%75llSTg

iT-i's108%103%

100

111%114%

iio

Central Paclflo—(Continned)—Cal.&Or. C.P.bonds,6s,g.,'92 J&JLand grant M., 6s, g., 1890.A&OWest. Paoif., 1st, 6s, g., '99. .J&J

Cliarl'teOol.&A.—Cou8.,78,'95.J&J2d mort., 7e, 1910 J&J

Clieraw &Darl.—lstM.,88,'88.A&02d mort., 7s

Giles. & Oliio—Pur. money fd.,1898Scries A, 19036s, gold, series B, Int. dof. 1908..63, currency, int. doforred. 1918.

Cheshire-OS, 1896-98 J&JChic. & Alton-1st M., 7s, '93. .J&JSterling mort, 69, g., 1903. .J&JIncome, 7s, 1883 A&OBds. Kau. C. llno,69,g.,1903.M&NMiss.Riv.Bridge, l8t,8.f.,69,1912Joliet & Chic, Ist M.. 8s,'83.. J&.1Loui8'a& Mo.B., 1st, 7s,1900F&A

do 2d, 78, 1900M&N8t.L.Jaoks'v.&C.,l8t,79,'94.A&0

do lstBuar.(564),78,'94A&0do 2dM.(360),78, '98..J&Jdo 2d giiar.( 18S) 7e,'98.J&J

Chlo. B. & Q.—l9t, S.P.,88, '83.J&JConsol. mort, 7s, 1903 J&JBonclB, 58, 1895 J&D53.1901 A&O5s, 1919, Iowa Dlv A&O4s, 1919, do A&OBui-. & Mo. K., I'd M., 78,'93.A&0

do Conv. 88,'94 ser.J&JBur.&Mo.(Nob.),lst,6n,1918.J&J

do Cons, 6s, non-cx..J&Jdo 48do Neb. RR,lst,7s,A&0do Om.&S.W.,lst,8s,J&D

Dixon Peo.A H.,l8t,8a,'74-89J&JOtt. OBW.& Fox R., M.,8s,'90.J&JQiiincv& Wars'w, lat, 89, '90.J&J

Chic. & fcan. So.—1st, 79, 1902 A&OChic. C. Dub & Minn.—79, lOlO'J&JChic. & East Ill.-Skg. fd., our. 190"Income bonds, 1907

Chic. & Or. Trunk—Ist mort.. 1900Chic. & Iowa-2d M.. 88,1901.J&JChic. I'a& Nob.—l8tM.,7e,'92F&AChic.& Mloh.L.Sh.—1st, 88,'89.M&8Chic. Mil. & St. Paul—Pac. Dlv., Ist M., 8s, 1898. F&AP. D., 2d M., 7 3-lOs, 1898..F&ASt P. & Chic, 7e, g., 1902. . . .J&JMU. & St. P., 2d AL, 7s, 1884.A&0La. C 1st M., 7s, 1893 J&JL & M., l9t M., 79, 1897 ,T&JI'a. & Dak., l9t M., 78, 1899.J&JHast &Dak., lstM.,7s, 1910.J&JChic. & Mil., 1st M.,7s, 1903.J&,Ilat mort, consol.. 7s, 1905. .J&Jlat M., I. & D. Ext, 78, 1908J&Jl8t M.,6s, S'thweat Div.l909J&Jl8t M., 5s. La C. & D.1V.1910J&.ISo. Minn. IstOs.lOlO J&JChic. & Pac. Dlv. Gs, 1910

do West. Div., 5s,I921.J&JMineral Pt. Dlv., 5s, 1910...JiW

Chlc.&N.W—Sink.f.,l6t,78,'85 F&AInterest mort, 78, 1883 ....M&NConsoL mort, 78, 1915 Q—

F

Exten. mort, 7s, 1885 F&AIst, mort, 78, 1885 F&AConaol., gold, 78, cp., 1902..J&D

do do regSinking fund, 68, '79, 1929. A&O

do do regdo 58, '79-1929 A&Odo 5s, '79-1929, i-eg. A&O

Iowa Mid., 1st M., 8a, 1900.A&OPentnBula, Igt, eonv.,78,'98.M&SChic. & Mil., lat M., 7a, '98. -J&JMil. & Mad., 1st 6a, 1905. .M.&S.

Chtc.R.I.&Pac.-6s, 1917,ooup.J&J68, 1917, reg J&JCUlc.&8.W..lBt,7s,guar.,'99.M&N

Chlo. St L.&N.O.—Ist con. 1897,7s2d mort Gs, 1907 J&DTen. llcii, 7a, 1897 M&NMlas. Coa.,l3t M.,78,'74r-84.M&S

do 2d mort, 8aN.O.Jaok.& Qt N.,l8t.,8a.'86.J&J

do 2dM.,8B,'90,ctl8.A&0do 2draortdobt A&O

Chlo.St.P.Mtn.&Om.—Con. Gs, 1930Ch.StP.&Mtnn. l9t6s,1918M&NL'ind grant, inc., Gs, 1898M&N

North Wise, Ist 6a, 1930...J&JSt Paul&3.City,l8t8s,1919.A&0

Chic. & Tomah.—Scrip, 1005Cln. Ham. &Dayt.- 2d, 7a, '85 J&JConsol. mort, 7a, 1905 A&O

do 69, 1905. A&OGin. H. & I., 1st M., 78, 1903.J&,I

Cin. I. St. I... & Chic—Con. Os, 1920Cln.& Indiana, Ist M.,7a,'92.J&D

do 2d M.. 78,'82-S7.J&JIndianapolisG. &L.,780f'97.. .

Ind'apoU8 & Cin., Ist, 78,'88.A&OCln.Laf.&Ch.—lst78,g.,1901.M&SCln. Rich. &aac.—lat, 7s, '95.J&JCin. Rich. & F. W.—lat, 7a, g.. .J&DCin. Sand'ky & CI.—6s, 1900. .F&A7b, 1887 extended M&SConsol. mort, 78, 1890 J&D

Cln.&Sp.—7s, C.C.C.& I. , 1901.A&O7a, guar., L.S.& .M.S., 1901..A&O

Clev. Col. G. & I.—lat. 78, '99.M&NConsol. mort, 78, 1914 J&DBelief. &Ind. M., 7s, 1899...J&J

Clev.&M. Val.—lat 78. g., '93.F&A8. F. 2d mort., 7s, 1876 M&S

Clev. & Pitts.—4th M., Os, 1892.J&JConsol. S. F., 78, 1900 M&N

Bid.

)105103%

105107116104111%1018050%

1108%121fill103

100116

118117

Ask.

107

110%

1038351109

lie'104115

120120

126

10214104%87I4

1151130till110484114%12511012611535106104%100tl0595

11141113

131120122103118118%119113%120118%

104127

i02%104%87%115%135114%101 14

81%115127

12811745

107

113%

138

119

lOG93%103106%

120119

110%

131

110%126%VZ6\i110%111

121120118108126

115

lis'10110710711611599%111115

1111111

li'ii'

HOGt

tl021106tl04till106

107

R.iiLEOAi) Bonds. Bid. Ask.

94%

107»895%100

128

101100 14

124

12G

10511011012012099%

C.C.& I.e.—lat con8.,78,1908.A&O2d mort, 7s, 1909 F&ATrust Co. cert, lat, ass'd

do do supplementary..Income 78, 1890Chic. & Gt East., 1st 7s, '93-'95.

C0I.& lud. C, Ist M., 7s, 1904.J&Jdo 2dM.78,1904.M&N

Un.& Logan8p.,lat, 78, 1905.A&OT. Loganap. & B., 78, 1884. .F&ACin. & Chic. A. L., 1886-'90

Columbia & Green., 1st Ga2d mort

Col. & Hoek.V.—l8t M., 7s, '97.JV&02aM., 7s, 1892 J&J

Col. SDriutrf.&C—lat 78,1901.M&SCol. & Toledo—Ist mort. bonds2d mort

Ool. & Xeiiia—1st M., 78,13no.M&SConn. & Piissump.-M., 7s, '93.A&OMas.sawippi, g., Gs, gold, '89 J&J

Conn. Val.—let M., Ts, 1901. ..J&JConn. West-Ist M., 78, 1900.J&JConnecting (Phila.)—let, 6s ..M&SCumberrd&Peun—lst69,'91.M&82dGa. 1888 M&N

Cumborl.Val.—lstM.,8s,1904.A&ODakota Southern—78. gold,'94,F&ADanb'y & Norwalk—78, '80-92..J&JDayton & Mich.—1st M., 7s, '81.J&J2d mort.. 7s, 1887 M&83d mort., 78, 1888 A&O

Dayt. & West—Ist M.,6a, 1905.J&JIst mort., 78, 1905 J&J

Delaware—Mort., Cs, guar.,'95 J&JDel.& Bound B'k—1st, 7s,1905F&ADel.Uick.& W.—Conv.7s,1892 J&DMort 7a. 1907 M&S

Den.&RioG.—lst,78, g..l900.M&Nlat consol. mort., 7e, 1900....J&J

DHnv.& R. G. West.—BondaDeuv.S.P.&Pac-l8t7s,1905 M&NDes M. & Ft. D.—lat, 69, 1905.J&JIst inc., 6a, 1905

Detroit& BayC—lst.88,1902..M&NIst M., S3, end. M. C., 1002.M&N

DetG.Havcn&Mll.—E(imp.68,1918Con. M. , 5;< till'Sl, after 6f... 1918D6t& Pontlac, 1st M.,6s,'86.A&0

Det. L. & North.—1st, 78, 1907.J&JDub. & Dak.—1st M., 68, 1919.J&JDubuqueA Sioux C.—lst,7s,'83.J&Jlat mort, 2d Dlv., 1894 J&J

Dimk. A.V.& P.—l8t,78,g..l890J&DEast Penn.—1st M., 7s, 1888 . .M&SE.Tenn.Va.&Ga.—1st, 7s,1900.J&,IIst mort, consol., 5a, 1930 ..J&JIncome, 6a, 1931Divisional, 58, 1930 J&JE. Tenn. & Ga.,lst63,'80-86.J&JE.Tenn.& Va.,ond.,0s, 188G.M&N

Eastoni, Mass.—4%s, g., 1906.M&SSterling debs., Ga, g.. 1900..M&S

Eliz. City &Nor.—S.F. deb.,G9.A&0latmort, 6s, 1920 M&S

Elmira& W'mapt-lst 6a,1910.J&J5s, peii>etual A&O

Erie & Pittsb.-lat M., 78, '82.J&lCou3. mort, 7s, 1898 J&JEquipment 78,1890 A&O

Evansv. & Crawf.—lat, 78, '87.J&JEvau8.& T.H.,l8t con.,68.1021,J&JEvau8V.T.H.&Chi.—1st, 7s, g.M&NFitchburir—5s, 1899

Gs, 1898 A&O7s, 1894 A&O

Flint & P.Marq.—Ist m.,l.g.8sM&NMortg. 6b, 1920 .'. ...A&OFlint & Holly, 1st lOs, '83. M&NBavC.& E. Sag.—lat 10s,,S2.J&jHolly W. & M.—1st, 8s, 1901.J&J

Flushing & N. S.—lat, 7, '89.. M&N

2d mort, 7s M&NFt Madison & N. W., 1st 78, g.,1905FtW.Mun.&C—lst78,g.,'89.A&0Frankfort & Kokonio—1st, 7s, 1908Gai.Har.&S.A.—IstGs.g.lOlO.I^feA

1st La Grange, 7s, 1904 ....J&DGal.Houa.&H.—lat 7s, g.,1902.J &JGeorgia^7B, 1876-96 J&J

130 135%

11811869 72

•100*lii5 n?.*105 Ill•112% 115*101 104•101

10589 92%

tH6 1181108

tll8tll3t....1115%tl056030

tll2110tl01%tl02103%11011012259I24I4

t...

• Price nominal;no late trangaotiona. t The purohaaer alao pays accrued Interest.

112113

il8'107%

ioT110103113

114%112102103103120

125125

123%

121117150115%108G531

t95100

tl03t

126

130113104^8

ICOtll3:112;llo100tll7%

113112100-

56%

100

110

104%77103%

73

114114112

118

115110

79%56%

tl09no3"95"11395

tlOO11192103%

109%105

i'06"

i'oo"

114

109116%12G%

iV)i'

110100110

Gr.Rap. & Ind.—Ist, I.g., g'd, 73, gl8tM.,78,l.g.,gold,not guar.A&OEx land grant, Ist 7s, '99

Gr.B'yW.&St.P.—lst68,1911.F.&A2d, incomes, 1911

Gulf Col. & S. Fe— Ist, 78,1909 J&JHannlh.al & Nap —Ist, 79, '88.M&NHan. & St Jo.- Coav. 83, 1885 .M&SCon. Ga, 1911 M&SKans, C. & Cam., lat, 10s.'92.J&J

Houaatonio—lat M., 7a, 1885.F&AHoust E. & W. Tox.—Ist, 7s, 1898

.

aoust.&.Tex. G.—let, 78, gaar..'91West Div., l8t 7a, g., 1891..J&JWaco & N. W., 1 St, 7s, g.,1903.J&JCons, mort., 83, 1912 A&OWaco &N., 88, 1915Gen. mort 6a, 193 1 A&OIncome & iiidem. 78, '87 M&N

Hunt. & Br. Top -1st, 78. '90..A&O1st M.. 78, scp.,.g., 18892d mort., 7s, ,g., 1895 F&ACons 3dM. 78. 1895 A&O

111. Cent—1st M.Chlc.A Spr.'OSJ&JSterling, S. F., 58, g., li)03..A&0Sterling, gen. M.,69, g., 1895.A&O

do 53,1905 J&Dni. Grjind Tr.—Ist M.. Ss. '90.A&OInd. Bl.&W.—Ist, pf.,7a;i900J&Jlat 3s, 48, 58 & 68, 1909. . .A&O2d M., 38, 4s, 5s, & 63, 1909. A&OIncome, 19 19

) 102%55

"9's%10090

(122tll)811410910393

105%

ib'aig107121

103111107

lllO;103{112J105116%119

"77"

10697

110117127

10365

125110118111%

33107 >«

118110

123

107111%108%115%

99

120

112105114107117

"90

82

J In Loudon.

Febsuaat i, 1662.] THE OHRONIOLE. 189

GENERAL QUOTATIONS OP STOCKS AND BONDS—Comtinu«d,For BKplanatton* See Notes at Head of First Paza or ()aotatIona.

Kailroao Bokds. Bid.

uo

113

i'i's%

ln'pi>llal).&8p'(l-l»t,7g,1000A*0 lOSis2d uioit.. Sa, 19H J«JtJ 77Triiai C'uiiipnDy certill«ntos

2d incut. , liicomo, 1906 J*J <M)

Ind'poliH.fe St.L.—lBt,78,1019.Viir. 1011

2d mort., 78. 1900 A.feO 00Ind'i»pc)ll«AVln.—l»t,7«,liiO'^.I\fcA2d mnrt.. (is. )?., «iiiir.. lilOO.M.feN

Int. & (ll.Nortli.—lst,(i8,191U.M,feNCoup. Os, 1909 M&82diii<irt., iucomo, 8s, 1909o,i :,u^,.ui,.,\ inoonw. Oh, mti'.i

I(v iig—IstSn. '-

li> •St.—l8t,7HI'll! „. ..juxC— l8t,7.~,. - .J---

ItliaiMt !»; Alliens.—latin., "a.K-J^'i'J

JofforsdU—llawry Br. 78, '87..JA.I 10«1st n.ort., 7». lrt«9 J.t.1] 101

Jeff. Mad.A Ind.—l»t,78,100«.A>^(> 1 1 17>«

2dnim-t,. 78. 1910 JA.Iilll3>aj,„...,i.,, iM! ,pi,ll.)—lgt,0»,'8J.KV.I

. 1000 AAOK' . O.—l8t,78,1908J>«;U lll"«Ki,..^..,. < . .„i.vr.&ao. l8t, 5s. 1909 .

K.C.at.Jiw..feO.B.—M.7a,1907..J&J I.

Kansas A Nobi-aska—Ist mort 852d luoi-t 25

Kcutnckv Cimtral—Gs. 1911....T&JKeokitkA l)«s M.—lat.na, ttnar.A&O 1051,. Erie .fe West.—Isl, G8,1919.F&ATnooiuc, 7». 1899SanduHky Div., 6b, 1919 .. ..FAA

do Incoiuo. 1920lii/.Bl.AMu3.,l8t, 68,1919.MAN

do Income, 7s, 1899.lAke Shore & Mich. So.—M.go.A N.I., 8.l''.,lst,78,'85.MAN lO."?

Clove. & Tol., Ist M.,78, '85..JAJ 108do 2d M., 78, 1886.A&0 HO

CI. P. & Ash., new 78, 1892..A,fe() 112Bun.&E.,newl}ds,M.,78,'98.AAO V2Ji^Buff. & State L., 78, 1882....J&,IDet. Mon. A Tol., Ist, 7s, 1900Jam66t.& I'rankl..l8t,78,'97.JitJ

do 2dM.,78.'94.J&0Kalamazoo Al.c<kGr.K.,l8t.H8.JA.IKal.A Schoolcraft. Ist. 8s.'87.J A,IKal.A Wh. Plgeon,lst.7s,'90..J&.IDividend hond8, 78, 1899...A40 121I..8.&M.8.,con8.,cp.,l8t.78.J&.ldo cous.,reg.,lat,7a,1900.Q—,1

cons., op., 2d,78, 1903..JiilJ

f>2

45102

A«k.

i*t>«

0965

IOOI470

1069oae

115

lii'

110

1101)1

112

101 >fi

60100

103

107 >s

127120

120

1331a117's

il'o'iia

111

iV'i'110

"'ss'

H5117'3115

103111

ioiia:i'.>2

5113

1C3

iV5'100I0l>4

dodo cons.;reg.,2d, 78,1903-J&D

Iiawrrnoo—let mort., 78,189.').F&ALehigh <t Lack.—l8tM.,7s, '97.1'\'itA

I<ehigh Val.—l8t,68,coup., '98. J&l)Ist mort., 68, reg., 1898 J&DSd mort., 78, 1910 MASGen. M., 8. f.,68, g.,1923....JADI>elaEi> i.d Co. bd«, ead.,78,'92JA.I

Uttle Miinii—lstM.,G8,1883..M&NI,.RocRAFt8.—lat,l.gr..78'95.JAJUttJe Schuylkill—1st. 78, '82.AAOliong (aiand—1st M.,7s,1898.MAN2d mort., 78, 1918 :

Newtown A Fl., Ist, 78, 1S91N. Y. A Kookaway, 78, 1901 .AAOBmltlit'nAPt. Jeff., 7b, 1901.MAS

Lou'T.C.A Lex.—l8t,7e,'97 JAJ(ex)2d mort.. 78, 1907 AAO

LouJBV.AN. -Con. Ist 78,1898.AAO2d mort., 78, g., 1883 MANOecllian Br., fs, 1907 MASLonlavtUe loan, Os, '8G-'87..AAOLeb.-Knoxv. 08, 1931 M.VSHem.A Cstl., M.,78, g.,1002.I&DM.&Ciiirk»v..8t'K,68.g.,1901 F&AN. O. A Mobile. Ist Os, 1930..TAJPeneacola Dlv.,lst,69, 1 920. .MASSt. I*iii8 Div.. Ist, Ce, 192 1 . .MAS

do 2d., 3a, 1980.MASKash. A Dec, 1st 78, 1900...JAJE. H. AN., Istfls, 1919 JADGen'l mort., Qs. 1930 JAJ80. ANo. Ala., 8. B'., 6s, 1910 AAO

I'sv.N.A.A Chic—l8t,68,1910. JAJMaine Ci-nt.—Mort. 78, 1808...JAJ|t 123Elton, bonds, Os, g., 1900...AAO;1 1 1

1

Cons. 7s. 1912 AAOtl20Androaoog. A Ken., Os, 1891.FAA tillIieeds A Farm'gt'n, 68, 1901 .JAJPortl'd A Ken., 1st, Os, '83. .AAO

do Cons. M., Os, '9.5.AAOMan.Beach Imp.,tlm.,78, 1909..MASN.Y.A.Man. Beach, Ist 78,'97.JAJ

Marietta A Cin—l8t M..78. '91FAAStirling, l8t M., 78, g., 1891.FAA2d mort., 78, 1890 MAN3d mort.. 8s, 1890 JAJScioto A llook.Val., Ist, 78...MANBait. Short I.,., Ist, 7s, 1900. .JA.I

Marq'tte no.A O.—Mar.A 0.,8s, '&268,1908 MAS

Mags. Central—lat, Os, 1893Uomphis A CImrleston— 1st oonsol.

1st, cons.. Tcnn. lien, 7s, 19 15 JAJMBm.AL.K'ek—lst.48 (Ss after '82)Metrop'n Kiev.-1st, 6b, 1908. JAJ2d6», 1899 MAN

Mexican NationalMich. Cen.—iBtM., 88, 1882..AAOConsol.,7a, 1903 MANiBt M. on Air Line, 8s, 1890.JAJAir Line, Ist M., Ss, guar. ..MANXqalpmont bonds, 83, '83.. .AAOQd. Klv. v., Ist 88, gUiU-.,'80.JA.r68, 1903 MAS6s, conp., 1931 MAS6b, reg., 1931 MASKalamazocA8.H.,l8t,8«,'90.MAN 1 12J.L.A Sag. 1 8t,88'85,"wh.bd8".r.S£j

11 1C3

do North Ext., 8s, '90..MAN! ....do Cons. M..8s.'91....MA.sl 113

101

111!1101111

V2l\1241U1«1

100100118103931101131041009048

120tU5111

li07Ja

125102128

130130

122

lO'i

Ill's

iio1131009292U8ia110123

121115100lOlHi

57'

101%102101%125112122112112102113

125121 ?!

10338>4

128103 li

03 >«

111115110101OO'g40k105

115>s111>1

108

98 >s

113109

113>9

RAIUIOAD B090». Bid.

Mlchliran Central—(Contlnuedl—J.LlUBaK.e«,1891 MASJotlet A N.Ind..lst,7s (gnnr.M.C.)

Midland of N. J.—l»t mortIucomo, "A."do "B."

MII.U8.AW.-lBtM.,0s,1921.MANIst, Incomes

Mil. A No.— lat, 1.5-08, 1910. . JAUMinneapolis A Dnluth.— Ist 7sMinn. A St. L.— iHt .M.. 1027. .JAT)lat M., Iowa CitvA W., 190i).J AI>Ist mort., C. R. t. F. A N.. 1920..Sontliwest. Ext., lat, 78, 1910....Paclflu Kxl., Ist, 68,1921

Miss.ATenn.—lat M., 88,8crle8 "A'88. series "B" JAJ

Mo.K. AT.—Cona.a8S..1901-0.FA v

Oon-solklatod Os, 1920 JADlat, Os. '„'., 18119. (U. P. S. Br.)J AJ2d mort.. Income, 1911 A.tCBooiiev'eIl'ge,78.guar,19(»I.MANHan. A C. Mo., Ist 7a, g.,".)O..MA\

do 2d, 1892. ..MANMoPao.—1st raort.,88,gld,'88, FAAConaol. 6s, 1920 M&N2d mort., 78, 1891 lA.r

Car. B., Ist mort., Os. g. '93..AAO3d mortgage, 78, 1906 MANIncome, 78. 1892 .MAS

Mob. A Ala. Gr. Tr.— Ist, 78, g'ld,'9JMobile A O.—l.st pref. debentures.

.

2d prof, debentures3d i)ref . debentures'1th prof, debenturesNow mortgage, 6s, 1027ColliJtcral trust Os, 1892 JAJ

Morg'n'sLa.ATcx.,l8t,6s,1920JAJMorris A Essex- Ist, 7s, 1914 MA.V2d mort, 7s, 1891 FAABonds, 7s, 1900 JAJGeneral mort., 7s, 1901 AAOConsol. mort., 78, 1915 JAD

Nashua A Low.—Os, g., 1893.FAA58.1900

N.ashv.Ch.A St.L.—1st, 78,1913.TAJ2d mort., 0.8, 1901 JAJ1st, Tenn. A Pac, 6a, 1917.. .JAJlet, McM. M. W.AA.,03,]917.JitJ

Nashv.A Decat'r.—lst,7s,1900.J&JNatohe* Jack. A Col.—lat, 7s, 1910Nevada Cen.—l8t 08, 1904 ...A*0New.-vrk A N. Y.—Ist, 7a, 1887JA.1New'kS'setAS.—Ist, 7s, g.,'89.MANNewburg D. A C<mn.—IncomeN'burghAN.Y.—Ist M. 7s,1888.JA.lN. J.Sonthem—1st M.,now Os.JAJN. O. Mob. ATex.—Deb.s0rip.in30N. O. Pac—lat, Os. gold, 1920.JAJN.Y. A Can.-£ M.. Os, g., in04.MANN.Y.C.A Hud.—M.,78. cp.l903.JAJMort.,78, reg., 1903 JAJSubscription, 6a, 1883 MANSterlingmort., 6s, g., 1903...JAJN. Y. C, premium, Os, 1883. .MAN

do Os, 1887 JADdo real est, 68. 1883..MAN

Hud. R.. 2<t M.. 7s., 1885....JADN.Y. Cbio. A St. L.—Ist, ox-lnc. epN.Y.CityA No.-Gen'l,0s,1910.MANN. Y. Elevated.—1st M., 1900.JA.IN. Y. A Greenw'd Iîke.—Ist M., Os2d mortgage

N.Y.AlIarlem—7s,coup.,1900.MAN7s,re«.,1900 MAN

N.Y.L.E.AW.—lst,78,'97,ext.MAN2d mort. exten., 5s, 1919 ...MAS3d mort., 78, 1883 M,St84th mort., ext., 7s, 1920.. ..AAO.".thmort .78, 1888 JAD1 St cons. M., 7s, g.,1920 MASNew 2d oous. Os, 1909 JAD1st con i. fund coup.,78,1920 M.\:S2d cor i.ra cp., 53,1909 JADGold! noome bonds, 63, 1977I,ony Dock mort., 7s, 1893. .JAD

N.Y.A X.Eus:.—Ist M., 78, 1903JA.llst;iiort.,C8, 1903 JAI

N.Y.N.H.AHart.,H.AP.lst.7s.AAON.Y. Pa. A 0.—l8t inc.ao.,5-78,190.)

do prlqr Ueu,iuc.ac.,o-63,'9.j2d mort3d mortL'ecd L.rcntal tr'st'73,'rnis. oor.74West. ext. oertlfs, 8s, 1S70..JAJ

do do 7s, guar. ErieN.Y.Prov.AB'n—Gen. 78, 1 899 .J A.I

Norf'k AW.—Gen'l M.,0s.l931 MANNorf'k A Potersb., 2d, 8s. ".)3 .JAJSouth Side,Va..lst,8a,'8l-'yo.JAJ

do 2d M., 0s,'84-'9O.JA,Ido 3d M.. 0.>i.'8(i-'90.JAJ

VlrglaiaATonu., M.,Os, 1881.JA.)do 4thM.,88,1900.JAJ

North C'arolina—M., fls

NoiUi Penn.—1st M., Os, 1885. JA.I2d mort., 7s, 1890 MANG.'u. mort., 78, 1903 JA.INew loan, Os, rag., 190.'> MAS

Noith Wise—1st, Os, 1930 ,LkJNorthi-.ist.,S.(-'.— lat ,M.,Ss,'99,MA.'r

2d mort.. 83, 1 8!)9 MA«North'n Cent.—2d mort.,Us,'85.JA,J3d mort., 08, 1900 AAOCon. mort., Os, g.,ooup., lOOO.JAJOs, g.,rog..l900 AAOMort. bonds., 5s, 1020 JAJCon. mort, atg. Os, g., lOO-l. . .JA.I

Northern, N.J.—lat M.,08, '89. J,t.I

North. P.TO., P. D'O Dlv.—Os, MASBond oertifloates, Os. 1921Gen'l 1. g., Ist, O.H. 1921 JA.IGen'l I. ff.. 1st. 6s. reg J,tl

om138

00

126'

lOS98

1 23f nolOl'i82

"68'3

107

iod'100111

25

tl2V;100

134Ill's

tll5>9101lllTg107

t....t....

10710820100100

;i06133131331310213tl20102%1081021s107 138073

"50'

14

12dH)lO.iiiS

100108

Atk.

03im11100%75

101%83

"OS's

109

ioO'-;

ii'i'

40030654

12312m110106115110

Bailroao BoNua.

103

11330110100%

10s

isi'

noimiia88SO

llOls.55

1313)

127^4

;ioi

98 '480

ill10; la

100

•pUH

J 9018-i

1291021anono102103lO'JHi87103

12.1"

12sno103no11314no941a112tlOO:ioi

no's130103

"OJ"

44I

17

329092130103113112

lOJ

10 i

120nm12090%111lot107

Norw'b*Worc'r-l8t M. n».'07.J*J0,;d'n«b'gAL.Cb.—IstM.OB.'OSJAJ

A. F., 8b. 1890 M4«Consol. .On. 1920Inoomn, 1920

Ohio C^nt.— lst.mort.,6ri,l»20, JAJInrom<-s, 1020l»r, I'er'l Trust. Os, 1920 JAJMineral Dlv., Inc. 7», 1931

OhioAMIss.—Cong. S. F.7g, 'OS.JAJCong, mort., 7s, 'OS JAJ2d mort., 7a, 1911 AAO:«tmort..8prinKf.r>lT..l«05MA»

Ohio Hoiithorn— lat Os, 1921...JAD'2il inconio, Oa, 1921

Ohlo.feW.Vu.— l8t.s.f.,7H,1010MANOld Colony—6s, 1897 FAAOa, 1S9.5. JAD7s. 1893 M,tS

Orotf.ACttl.—1st Os, 1921 JAJOHW.ARomo—l8tM;,7s. 1915.M.tNl'.\M:i!.ia—.<rorl'g,'M..7a. t'. 97.A,VO8ail(Tn<fuud8ul).. 0«, IBIO.Mi.V.îil)sl.lv boil,la, Eiig. lH8ttt% Oh

P.niH A DanN-tlle— Isr M., 7a lUO^fI'nrisADoc'fr— lstM.,7rt,g..'92.JA.lPi-klii Lin.A Dec- lst,7a,!0(K)FAAPi'iMuv.— (ien. M.Oa.ep., 1910Q '

Gen'l mort., Oa, rea., 1910. .AAOCons, loort., Os, reg., 1903..Q—M

do 68. eoup.. 1905. .JADPenn. Co., 6m. reg., 1907 ...O —

I

do 1st M..4ia.M, 1921.JAJdo l8t mort..li«-', re,; ...

Penn.AN.Y.—lat.7:<.'90.tl9Ofl.JADPiMisaoola A Atlautio - Kunds .

I'coilii Deo.A Ev.-l8t.0s.l920,JAJIneomea. 1920Evansvllle Dlv.,lst 08,1920. 'HAS

do Income, 1920 ...

Peoria Pekln A J.—Ist. 7s, '94.JAJPorklomen—lat M., 68, 1887..AAOP( tcrsburg" 1 at M., 8b, '79-'98.JAJ2d morr.. 8s, 1902 J.tl

Phila.A Erie-2d M , 78. 1888. JA,IGen. M.. guar., Os, g., 1920. . JA.IBunbnrvAErie, Ist M.,78.'97.AAO

Phila. A Reading— ist, Os, '80. . JA.I2d mort., 7s, 1893 AAODebenture, 1893 JAJMort., 78, coup., 1911 JADGold mort., Os. 1911 JADImprovement mort., 6», 1897Oon'l moi-t., Os, G. C, 1903..JAJNew convertible, 7s, 1893...JA.IG. s. f., $A£,68,g.,1908, X cps.JAJScrip for deferred "a coupons .

.

Coal A I., guar. M., 78, '92.. MASIncome mort., eons. 7s, '90, J.VD

Phila. Wil.A Bait.—08, '92-1900AAO38, 1910

Pittfl. Brad. ABuff.— Ist.Os, 1911Pittsb.C.A St.L.-l8t,78,1900.FAA2d mort., 78, 1913 AAOStoubenv.A fnd., l8t.,«s.'84.Var.

Pirtsb.ACon'lIsv.—latM.78,'99.JA.lSterUng cons. M., 08, g., guar.J A.1

Pittsb.Pt.W.A C.-lst, 7s, 191'2.JAJ2d mort., 78, 1912 ....JA.13d mort., 78, 1912 AAOEquipment, 8a, 1884 MA*>

Pitta.Tltusv.A B.—New78.'90FAABuff.(;h.L.&Pitt.lst,78.l!lO!)MANOilCreok, lat M., 7a, 1882. ..AAOUnion ,fe Titusv.. 1st. 7a. 1 890.J.fcJW.iiTnu AFr'kln. lat, 7a.'90.F*A

Portl'udAOgb'g—IstOa.g.. 1 900J AJVt. div., iMt M.,Oa,g.. 1891. MAN

Port Royal A Aug. - 1 at, Oa, '99. JAJIncome mort., Os, H99 JA.I

Quiuoy Mo.A P.—lat.Os. guar., 190.1lion.AS'togi*— Ist 78,1921 oou.MAN

Int. 7a, 1921, rog MANRiohm'd A Alloghan\ — Isr, 7s, 1920Kicii'dADan.—Con..0s.'78-90.."H.tNrousol. morr., 6s, 1915 J.»JPiedmont Br., 8s. 1898 AAO

llicii. Fied. A I'otomacv—Ss.ext.JAJMort. 7s. 1881-90 .lA.

Rich. A Pcttirsb., 8a. '80-'8G. . . AAO.•Jev/ mort., 78, 1915 MAN

Kiuhuiond York Riv. A Chfls., 8»Koch. A Pitis., 1st, Os. 1921 . . .FAA

do ineomo. 1021 .

RomeWat'n.tO.—S.F.,7.s,1891.JADiru-.tCo. certlllc:tteti

2d iu«rt., 7s, 1892 JAJCon3<il. nmrt.,7s. 1904 AAO

SJi.tl.iud- Ist M.. Os, 1902.. ..MANEquipment. 2d nu)rl., 58 FAA

.-St. Joseph A Paoif.—Ist mort2d moit

n.L.Alt.AT.H.-l»t M..7S, 'OLJ-W2d mort.. pref.. 78. 1894 .... FAA2d income, 7a. 1891 MANDiv. bonda. 1891Uellev.AS.Ili..Iat,S.F.8»,*96.AAO

!t. Louis A L Mt.— 1st. 7«. '92,FAA2d mi>rt., 7s, g.. 1897 .M«NIst 78, inc., pf.int. accumulative.2d Os, inc.. int. awumulativeArk. far. 1. gr., M.. 7s, g., •97.JADCairo Ark. A r..lst.7s.:r..'97.JAD

Cairo A Ful. . 1 st.l.g. ,7a.g..'9 1 .JA

I

G,ui. 0011. r'y A I. g.. Ss. 193 1 AAO«t-L.AâuF.—-d M..cla»sA,'O0.MAN2d M., class B. 1906 MANdo oUisaC, 1900 MAN

South Piuilic— 1st M, 1898 .JAJF. C. AO. Itt, Os, FAAEqulpiueia 7s. 1895 JAI>

9t.l..Van.i.AT.H.-l8tM.,78,'97,JAI: I -O'lft.. 7s. II'IS MAN

Bid.

115102 >a1100934397%4395'g

M8117120131

It10

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iI21

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lit,'

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121»S310371102 >a

108

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65

113

98%x70:ioo592

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98

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* Price oomiual ; uo late U-aasactiouB. t The purchaser also pays aoorued iatorest. } la Ijoudon.

140 THE CHRO^fICLE. [Vol. XXXIV.

GENERAL QUOTATIONS OF STOCKS AND BO^DS-Oosth^ued.Explanatloaa See Notes at Head of Flr»t Page of gnotattona.

For

BAtLXOAU Bonds. Bid.

100lOiH!103105

(113

fl0810311098

f.

953H42%lis

{10998

81. L. Vau. & T. H.-(Conunued)-2d. Ts.Kiiai.. '98. - -

. • - • .•,:,•,• %f?Bt. P. & Dulutli—Ist, 58.19J1-I''S:A

8t.P.Miuii.<t Man.—1st 78,1909 J&J2d OS, 19U9 yi*yDak. Ext.. 6a 1:»10 --• •,v*f'^S

Bt. P. & S. City-lst, 6i, 1919.AiOMort. on new lines vAk'ri'ir;

e<iudu8kr SI.&S.—Ut, 79,1902 .J it.l

SaviUHKili Florida & West.—At. A Gulf. cons. 78, 1897. ...J*J

Ist mortfni.!?e, 78. ... . --;,-_-;, ."^8.Ga.& Fla., Ist M. 7a, 1899, M&N

Scioto Val.—Ist M., 7s, smk'g fund

2d inort --Cousol. 78, HI 10 J«J

Sclma Bomo & Dalton—1st inort..

2d mort., stamped2d mort., cleanlucouies - • •; VLi\

Bli6boy«'u& F^lu-L.-l8t,78,'84J&l>Sioux C. & Pac, l.st M., l>s,'98.J&J

So. & No. AIa.-Sink. fd., Os, 1910So. Carolinii^lstM.,69,1920..AAO2d mort., (is, 19^1 •< &JBd.s,78,'02,2d M.,imenJoinedA&0Bonds. 7s, nou-mort A&OIuoonio7s, 1931

Boutli Side, L.I.—lst,7,1887...M&8Bo. Cen. (N.Y.)—l8t7.s, 1899..FAABo.PacCal.—l8t.,6s.K.,1905-6.J&J8outli\vi'8tfrn((la.)—Conv.,78,188GSuniiiii t Br.— 1 st, 7e, 1903 J&JSunb.Uaz.&'.V-I!.—lst,5e.l928M&N8u8p.lJ.&ErieJunc.-l8t M.,78 . . . . it 102Bvr:Bi]if:..^N.Y.-eon8ol.78,'0fiA&O 123^Tex. Cent. -l6t,sk.td.,7s.l909M&NXexae <fc Pac—Ist, Os, g.inoS M&SConsol. mort.. 63, KOld,190.>.J&UInc. and land Kr.,Teft., lOlo.JulyIst (RioGr. Div.), Gs, 1930..F&A

Texas i St. Louie— l8t,Gs,1910J&DLand grant, incomes, 1920

Tol.Dors & Bur.- 1 8t main, Ca, 1910do Isi Dayton div.,es, 1910do iBt Trr 1 tru.st, Gs. . 1910

rncome, Gs, 1910Dayton Div. inc., 68, 1910 .

Oulti'd Go's N.J.—Cons,.0s,'9-t.A&nSterling mort., 68. 1894 M&S!tll2

(lo Gs, 1901 M&Sni9

10690104

Ask.

120

i'lo"106107

115

110

10495974ifl

54I'^s

111100

98104>s

Eailroad Stocks.

98110

106121051a98708-iia

75

1917

71847e85

95

22

doaodododododo

Cam. & Amb.,raort., Gs, 'SO.M&NUnionPac.—l«tM.,G8,K.'96-'99.J&JLand Grant, 78, 1887-9 A&OSink. F., 88, 1893 M&.8Om. Bridije, sterl.Ss.g., '96.A&0Keg. 8s, 1893 M&8Collateral trust, Gs, 1908 ....J&JColorado Cent.,lst, 8s, g.,'90.J&DDenver P»c.,let M.,7e,g.,'99.M&NK&ns. Pac.,l8t, Gs,g.,cp.etf8.P'&A

do Ist M.,6s, g.,cp.etf8-J&Ul8t,R.& L.O.DM,'99.M&NLaud 2d M., 7s. g., 188GI.«av. Br., 78, '9G..M&K

Inc.,No.ll,78,1916.M&SIno.,No.l6,7s,1916.M&SDeny.Div. ,Gs a98.cp.cert.Ist cons. M.,G9,1919 M&N

Dtah Cen.—1st M., Gs, g.,1890.J&JUtah So.—Gen. M. 78, 1909....J&JExtension, Ist, 7s, 1809 J&J

Utlca & Bl'k K.—Mort., 7s, '91.J&JVerm't&Can.—.M.,89

MiSi-ls.sQuoi, 7s, 1891 J&JVenuont Cen.—1st M.,79,'86.M&N2d mort., 78. 1891 J&DIncome extension 8a M&NBtanetead B. & C, 78, 1887. .J&J

Vemi't& Mass.—let M.,G8,'83.J&JCouv. 78, 1885 I&J

Vlck.&Mer.—l8tM..end.,78,'90.J&J2d nJoit, end., 78, 1890 J&J

Virginia Midland— Ist mort., 6s...2d mort., Ga3d nnirt., 6-684tbmort., 3-4-585tb mort., 58

Waba.»h— Ist M.,ext.,78,'90,ex.F&AMort., 7s, 1879-1909 A&O2d mort., 7s, ext. 1893, ex. .M&NEijulpment, 78,11883 M&NQoncral mort., Gs, 1920 J&DOiic. Div.. .'jB, 1910Havana Div.. 6a, 1910 J&JTol. P. &Wo«t , let 78, 1917. ..Q

do latpref. inc., couv.do 2d pref. inc.

Jrma Div..6«, 1921 M&8Detroit X)iv., 6s. 1921Cairo Div., ."is, 1931 J&JCons, mort., 7s,1907,con.,exQ-F1st, 8t. L. div., 78, 1889, ex. F&Alot. West, IU.,l8t.7s, '88,cx.F&A

do 2d,7a, '93,ex.M&NQ'ncy & Tol., Ist, 7«,'90, ex.M&N111. & 8. la., 1st, 7b, '82„ ex.F&Aet.L.K.C.&N. (r.e»t.& K.),78.M&S

do Om.Dlv.,lst7s,19I9.A&0do Glarln. Br., 6.s, 1919.F&Ado No. Mo.,l8t M., 1895.J&.I

Wab. Fund. 1907-Var. 7e. F&Ado Various 6a F&A

Warren (N.J.)—•d M., 78, 1900W. Jersey—DBl)en». 6b, 1883..M&SIst inort., Ga, 189G J&JCoB«ial. mort., 78. 1890 a&O

W. Janwy & At. Ist .M.,Gsl910M&SWest'B AIn.—1st M., 8a, 88. ..A&O2d mfrt., 8e, guar., '90 A&O

West. Md.—Knd., lat, 68, 90.. J&JUt mort.. Gs,. 1890 J&J

1131aI15I3113

{120

106

1081a109

lOSk103181041061a1001071a49

114121

110

123124

110

110110

108%

107108

50

115117115

„ , . , -- 1080*: 8<t m«iT<., 6b. imw. . ..-.,T&,V 11.5

112

4934I2101>411301 1058011311190559714

III235035lOlia133110

87

110

91

1081051alOl^tjlOU1001061121a

120

110101

11311598609bia

10610863908790

821a110109

106

103 "a

113102

120120

110116

West. Marvland—(Continued)—2d mort.', pref., Gs, 1895 J&J2d, end. Wash. Co., 6s, 1890 J&J3d, end., Gs, 1900 3fc3

Vest'nPenn.-1st M.. Gs, '93. .A&OPitts. Br., Ist M.. 6s, '96 J&J

Wbecling & L.Erie—1st, Gs, g.. 1910arilni.C()lumbia& Augusta, 63*il.& Weldon—S. F., 78, .g., '9B-J&JWinona&St.Pet.—l8tM.,78,'87-J&J2d mort. , 7s, 1907 M&N

iVis. Cent.—Ist, 78, coups, unfuud.Ist series, now2d series, new

Wis. Vailev- ist, 78, 1 909 J&JSV crc'r & l!fashiia-58, •93-'95 . .Var.Naall. & Roob., guar.. 09. '94.A &0RAI1.roAD STOCKS. Par.

Alabama CentralAla. Gt. South.-Lim., A., Os.pref..

Lim., B, comAlbany & SusniieU., Guar., 7. ..100AUegbenv Valley 50Atcliiaon Topoka & Santa Fe.. 100Atlanta & Charlotte Air LineAtchison & Great Western. .

.

Atl. & St. Law., leased, G, £....100Augusta & Savannah, leased. ..100Baltimore & Ohio 100

do Pref., 6 10€Bait. & Ohio, 2d, prefWashington Branen 100Parkershurg Branch 100

Boston & Albany 100Best. CUnt. Fitclib. & New Bed.lOO

do do Pref 100Host. Con. & Montreal 100

do Pref., 0... 100Boston Hartford & Erie new

do do oldBoston & Lowell 500Boston & Maine 100Boston & New York Air L

do do prefBoston & Providence 100Bt>Btou Revciic Ben eh & Lynn.. 100Brooklyn ElevatedBrookl.vn & Montauk 100

do Pref 100BufT. N. Y. & Erie, leased 100Biitfalo Pittabiug & Western.... 50

do Pref ,-..

Buffalo & Southwest 100do Pref.... 100

Burlington C. Rapids & North . . 100Cairo & St. iMMiaCairo & Viucennes

do Pref. 5 p.California PaciHcCambridge (street), Boston—100Camden & Atlantic 50

do Pref 50Canada Southern 100Catawissa 50

do Old, pref 50do New, pref 50

Cedar F.iUa & Minnesota 100Cedar Rapids & Mo. and la. Ld.lOO

do Pref., 7 100Central of Georgia 100Central Iowa 100

do 1st pref 100do 2dpref 100

Central of New Jersey 100Central Ohio 50

do Pref 50Central Pacific 100Charlotte Col. & Aug 100Chesapeake & Ohio, common .. 100

do 1st pref. ..100do 2d pref.... 100

Cheshire, pref 100Cliicago& Alton 100

do Pref., 7 100Chicago Burlington & Qulncy..l00Chicago & Canada Southaru .

Chicago & East IllinoisCliicago Iowa& Neltraska 100Chicago Milwaukee & St. Paul. 100

do Pref.,7.10CiChicago & North Western 109

do Pref., 7.100Chicago Rock Island & Pac 100Chic. St. L. &N. O ionChic. St. P. Minn. & Om.,com..lO(

do Prof. 10(1

(Chicago & West Michigan 10(Cineinuati & BaltimoreCincinnati & Georgia subscriptioutC\n. ilrtniiltoii & Dayton 100Ciu. Iniliaiiap. St. Louis & Chic.lOGCincinnati N. Orleans & Tex. Pao..ein. Sandu3ky.& Cleveland 50

do Pref., 6.50Clev. Col. Cln. & Indianapolis. .100Clev. & Mahoning Val., leased.. .51Clev. & Pittslmrgb, guar., 7 .50

Col. Clilc. & Indiana Central... 100Colimibus & Xeuia, gnar., 8 5li

(iolumbia & Greenville lOOdo Pref. ...100

Concord 50Concord & Port8moutli,guar.,7 lOoConnecticut & Passumpsio 100Connecticut liiver 100Danbury & Nonvalk 50Dayton & Michigan, guar., 3ia..50

do Prof., guar., 8.50Delaware & Boimd Brook 100Delaware Lack. & Western 50Denver & Js^ewi OrleauaDenver & Hio Grande 100Denver & Rio Grande subs, now

Ask.

IO9I2115

R.tiLROAD Stocks.

131

195122122200

S 13I66I3 1645 }

47129 130lOia 11

llOialll23i: 3l''8l 2%

103 IIO31S!

145 II5I2

95I4108 14

64I4I 641416312a

2060

191s

103I22I230

852

{008

120

9215

I2OI3

52!i 52:^1

201a54 14 55

551814 I8I4

144 145

135 14034 35

9i\44508963=8231a312358V6d\

110148109122%134%145I33I4S2ia36101

3378

25 145179I3I

90

93475589%G5211a3325%59

1368

115149I0914I22I2135145I331484

183232%

IIII3561%3063

555%30

94%74136

3G163

3879

25%51%

13419%| 195e

130

80 I 8399% 100118 12292% 931G5 ItiO

70

125126^6

"ii's

140

126389171%

Denv. & Rio G. West., subs., old...Denver So. P. & Pacitla lO'J

Des Meiiics & Fort Dadgedo do Pref..

Det. Lansing & Northern, com .100do do Pref. 100

Dubutiuo & Sioux City 100Ea8t Pennsylvania, leased 30East Tennessee Virginia & Ga.lOO

do do Pref.Eaalern (Mass.) 100Ea.stern in N. H 100Eel River 100Elinira & WiUlamsport, 5 30

do Pref., 7...50Erie & Pittsburg, guar. , 7 50Evansville & Terre Haute 50Fitchburg 100Flint & Pere Marquette

do do PrefGeorgia Railroad & Bank'g Co. 100Grand Rapids & ludiaua . .

.

Grand River Valley, guar.. 5.. 100Grecu Bay Winona & St. Paul.. 100

do Pref.... 100Hannibal & St. Joseph 100

do Pref., 7.. 100Harrisburg P. Mt. J.& L., guar.,7.50Highland (Street), Boston 100 137Houston & Texas Central 100| 82Huntingdon & Broad Top 50 J

.

do do Pref... 50Illinois Central 100luiliana Blaomington & West., uowIndiin. Decatur & Sii., com

do do Pref... 100Iowa FaUa & Sioux City lOOJeft'v. Mad. & Ind'p's, I'sed. 7..100JoUct & CUcago, guar., 7 100Kansas City Ft. Scott & Gulf... 100

do ao iJref.. 100Kentucky Central 100Keokuk &De8 Moines 100

do Pref.... 100Lake El ie& Western 100Lake Shore & Mich. So 100Lehigh Valle.v 50Lehigli & Wilkesbarre. .

.

Little Kock & Fort Smith 100Little Miami, leased, 8 guar.. .. 50Little 8ehu.vlklll, leased, 7 50Long Island 50Louisiana & Mo. Riv., Com 100

do Pref., guarLouisville & Nashville 100Louisville New Albany & Chic. 100Lynn & Boston (street) 100Macon & Augusta..Maiue Central 100Manchester & Lawrence 100.Manhattan Beach Co 100Mauhat tan Railway 100

Ist prefMarietta & Cincinnati, Ist pref. 50

do 2d pref.. 50Memphis & Charleston 25Metropolitan (street;, Boston. ..50Metropolitan Elevated 100Mexican National

do Subscript'ns, ExMichigan Central 100Midillesex (street), Boston 100Midland of Now Jersey 100

do Class Ado Class B

Mil. Lake Shore & West., pref..100Mine Hill & 3. Haven, leased 50Minneapolis & St. Louis 100

do do Pref.... 100Missouri Kansas & Texas 100

do do ScripMissouri Paoiflo 100

do rights.Mobile & Ohio RR 100Morris & Essex, guar., 7 50Nashville. Chat. & St. Louis 2'i

Naslnui & Ixiwell 10(1

Nashua & Rochester, guar., 3.. 100Newburg Dntcbosa & Coun., pref...Vew Joi-se.v & New YorkNew Jev,sey ir'outhernN. London Northern, leased, 8.. 100N. Orleans Mobile &Texa9 100N. Y. Central& Hudson Riv. ...100N. Y. Chic. & St. Louis, eubscrip

do Comdo Pref

New York Elevated 100New York & Harlem 30

do Prof 50N. Y. L. EHe & West 100

do Pref 100New York & Jtew England 100N. Y. N. Haven & Hartford ....100N. Y. Ontario & Western 100

do do PrefNew York Providence & Boa. ..100Norfolk & Western, com

do do prefNorth Pennsylvania 50North * South Alabama.

.

Northern Central 50Northern New H.ampshire 100Northern PaciHc, common 100

do Pref 100Norwich&Worce8ter,leased,10. 100Ogdensburgb & Lake Chump... 100Ohio Central 100

do Subscript'ns, $600 pdOhio & Mississippi 100

do Pref 100Ohio Southern 100Old Colony 100

95%109

13882

14279122

204032%

lllOs62

539611%77476%859

86%1202515946%

361*

103%

3:

121%83151%52

"o138

63%

5650

9574138

381642953%97%11%7

76778610

8712130161346%

20%60%36%

103%

33%121%8315351

"a"1=8

1313313%29105

so%5717225%

xl482053%61104810834%71''e1543423%$80033

20I2414

131%391430108

4080%57%17326

2556

4»loa

721.563724%$90033%

20124*-'

* Price* nominal;no lato transactions. | puroUaser also pays aooraod luturost. ; In L jnJou. 4

(.Ji;>tatiou p.n- sharo. p. Preuiiuin.

FlBHQijaT 4, 18M.] THE CHRONKJLE. inGENERAL QUOTATIONS OF STOCKS AND BONDS—Oo>mMuit«>.

For Bxplanatloos H«e Note* it Head of First Pa^e af <ln*tatloiia.

Railroad Stocks.

Bit. STOCK-*'"ONTINDKD.

Oregom ACHlir....lOOdo Prof... 100

Oro. SUoit Line subs. .

.

Oregon Traus-Coiit'l. .

.

Osw.ib STT.KUiirFanamikTr. certs.. 100Paris A Dcouturreunsylvonla KR. . .50FeunsylTaniii (0...SO

do Pref..60Feusa. A AtliiutioFe<). Ueo.A Evans. 100Phlla. AKrle HOPUlIa. &Rpadin(?...,">0

do Pref., 7.r)0Phlla.ATrcu.,10. loOPhila. Wllni.A Balt.SOPitts. Ciu. A St. L..50Pitts. & Cou.. I'sed.SO

do Pref...Pltts.Ft.W.A C.,KUar.7

do Special.?. 100PlttshurK & Western .

.

Port.8ucoAl*ort8,IsdPort Riiviil A .Vu^-nstaPorts. at. F.& Con.lOoProv. & Worc'ster.lOORens. & Saratoitu. .100Repub. Val.,det...lOOR.&Al.,8Uba.,Jii2.0OOpdRJdmiond & Uaiiv.lOO

do Ter. rtitlits.nawRich. F. & P., com. 100

do Guar. 7.100do do 6

Blobmond & P'b'g.lOORill). & West Point .

.

Rlehnioiid VorltK.AfRoehiwtcr i Pitls.lOO

do riRhtsRome W. & Ogd. . . 100Butland lOO

do I'rct'.,7..100St. Josepli & Western.8t.LoiU8Alt.& T. H.lOO

do Pref. 100

Bid.

20

10008

10226m

§

3733\{16GII4

63\1010

133 >s

20 "allSia1017

130

Ask.

20

10209

1926

18

61I2I920

135

114

8tBencv.&S.Ill.,t>f.l00r-ouis&SanPr.lOOdo Pref.... 100do Ist prof.lOO

8t. Panl&Duluth.lOOdo Pref. 100

St. P.Minn. & Man. 100Soioto ValleySeab'd cSc KoanokelOO

do Guar.. 100Belma Rome & DaltimSouth Biiston (stT.).50South Carolina 10080. & Ho. AlabamaB'west.,(la.,K'ri,7.100Syr. BuiK. & N. Y.lOOSuninilt Branch.Pa. 50Terre H. A Iud'nap.50Tex. Cent. A. .St. LouisTexas & Pacitlc . . . 100

do SnbsTexas <fc St. Loui8,8nbsTol. Delph. & Bur. 100U. N.J. KK&C. Co.lOOUnion Pacific.... .100

do RightsUtah Central 100Vt. ACau.,le:isod-100Vt.A Ma.'«s..l'.m-rt,U.100

Virginia MidlandVlcKsb. ik AliMlilian ..

Wab. St. L. & Pac.lOOdo Pref. 100

Warr'n(N.J.),l'8'd,7.50Westch. & Phila.,i)f.50We.st Jersey 50West Jernej- A AtlanticWestern MarylandWU. Colombia A Ang.

.

Wll.AWeld.,l»d., 7.100Wisconsin Central . .

.

do Pref-Worc'terANashua. 100

CANAL BONDS.Albermarlo A Ches.—

Ist, 78, 1909 JAJObesap. A Delawaro-1st mort., 6s, '86 JAJ

Clies.AO.—68. '70.Q.-JDel. Div.—Oa, '78.JAJDel. A H.—7s. '91 JAJ1st eit., 1891..MAN78, 1884 JAJCoup. 7s. 1891.AAOReg. 78, 1S94..AA01st Pa.l).cp.,7s,MASdo reg. 78,MA8

James R.A K.— Ist. 68.2d mort., 68.. .MAN

Leh.N.—Os, rg..'81Q-JRR. 63, roc, '97,Q-FDeb.Gs, rog..'77,JAI)Conv.68,reg.,'8'2JADdo G8.g.,rg.,'91.MA8es,g.,cp.Arg..'l)7JAnCons.M.,19ll78jAl)

JLoulsv A P.—3d,Hs.'814th mort., 6s, 1886..

Morris

—

Boatl'n,reg.,'85AAONew mort

Pemnylvania—_ «!<. aomv. 1010..JA.I

1600210'/O70

125110

10!i

7528

204I9

271*144184

39 >s

27

Ill's23100105

70i4

951313469103667%

591a100 la

27I74

111»830

1

7OI325

13%

48 '4

7914 ij

llo%

37201398110182958I4

88331a

112

103 ij

1161aII6I3

1051061a

112

15I3412721'2

3fiij

67 "s'

ISVl105

2030 I

53%

891337

115105

iVs'1301-.,

ISO

111U6!<t

Schuylkill Nav.-latM.,68, 1807.Q-M2d M., 68, 1907..JAJMort. 6s,op.,'95J.«iJ6»,trap.,op..'80MAN6a,btAoar,1913MAN7s,btAoar,191.')MAN

Susq.—Os.cp. ,191 8JAJ7s, coup., 1902..JAJ

Union—1st 6s.•83MAN

CANAIi STOCKS.Chesapeake A Del.. 50Del. A Hudson 100Del. l)iv. lea.scd, 8...50r*liilfh XaviKatlon..50Morris, guar., 4 100do pf.,guar.l0..100

Pennsyl vaiil.". 50Sohuylkill NaT 50

do do prof. 50Susquehanna 50

."Wise I, I- .\NEO rjsBONDS.

Anier'n S8.Co.(Phil.)6s, R. C, 1896..AAO

Bait. Gas Light 6sOanton (Bait.)—£68. g., 1904. ..JAJMort. 63,g.,1904 JAJUn. RR.,lst, end.,6a,do 2d,end. (is.g.MAN

Col.C.AIr.— iBt con. ,68Gov. A Cinn. Br., 63. ..

Qolil AStock TelIron Steamboat, Ist...Mariposa Gold L.AM.-Cons. M.. 78. '86.JAJ

0reg.R.AN.l8t,68.JAJPollm'n Palace Cai'—3d series, 83,'87P'AA4th do 8s,'92F&ADeb'ut're,7e,'88AAO8tlg,78,g..1885 AAO

jt.Charle9 Briaae.Gs..St. L. Bridge A Tun—1st, 7s, g.. 1929.AAO

Spring Viiller—W.W.,l8t8,1906.MAS

Sterling Iron A Ry.—Series B.,inc., 1894.Plain income 68, '91.

Western Union Tel.—78, coup., 1900.MAN78 reg.. 1900. MANSterl'g 68, 1900.MA3

.USC'LIiANEOVSSTOCKS.

Amer. Eloc. R. A Pow.Aspiuwall Land 10Boston Land 10Boston Water Power.

.

Brookline (Mas9.)L'd5Canton Co. (Bait.). 100'In. A Cov. B'dge pref.

'Edison Electric Ilium,j Edison Ore Milling...' Iron Stoamljoat Co. .

.

Keeley MotorLouisville BiidgeMcKay Sew'K Mach.lOMaverick Land 10N.E. Mtg.Secur. (Bost.)N. Hampshire L;»nd 25N.Y.A'rex.Ld.,Lim. 5ULand scrio

Ocean NaT."A POregon Ry.AN.Co.lOOBfglits

Paclflc Mail 8S. Co.lOOPaUm'nPalaoeCarlOO

do RightsStlioids B'dge.lstpref2d pref. certitlcates.

St. Loui.s Tiumel RR..it. Louis Transfer Co.Sutro Tuunel 10U. 8. Electric Light

BXFBESS ST'CKSAdams 100American 100United Stivtes 100Wejls, Fargo A Co. 100

TELEGRAPHSTOCKS.

American District. 100American Dist (Phila.)Americ-in Union ..100Atlantic A PaciHc..25Cent. A 80. Am. Cable.Franklin 100Gold AStock 25Internation'l Oc'n.lOOMexican 100.Mutual Union

do subsNorthwestern 50Southern A Atlantic 25Western Union 100

I

TRUST CO.'SS'COCKS.

Brooklyn Trust 25Central 100Eqaltable 100Farmers' Loan ATr.25Mercantile 100MetropolitanN. Y. Guar. .V Ind.lOO

Bid.

100 1«

506060655060

10668

'44218

<i65

51219

106%99I9

108108117103

Ask.

89

107

"42 as

13

100 ifi

1081a108ii

10285

105

109llCia106 12

;126

113

tl04

10588

105 14

111117106%

100

128

118118107

57'8tjie

41455

46

I214

xlOO2Vj

78l86384I2

60

MmCELTJkWKOng.

N.Y. LlfcATni8t..l(KiReal Estate Trust. 100Union 100United Stittoa 1 00

i:npRovEn«T aCONSTIl'W V»H.

Am. Cable CiinHtrnct'nAm. Uallwav- Imp'inntfont. N. J. Land ImpCoiitlnonlal CimstrucCent. R'way ConstrueHudson Blv. ContractInteniatlonallmp. Ex.N. Y. Loan A Imp'mniN. Y. A Scranton Ccnn,North River ConstrueOregon Improvement

00 1st M. bonrt-HP.TCtflc R'way Imp'mntTexas A Col. Imp. .

.

Bid.

x400

220413

40140

OA8 STOCKS,Bait. Coneol. Gas ] 38Boston Gaslight. ..500 782East Boston 25 30Sonth Boston 100x110Brookline, Mass... 100 xl06(Cambridge, Mass.. 100 140Chelsea, Mass 100 x91Dorchester, Mass.. 100 91Jamaica PI'n.MasslOO xl23Lawrence, Mass... 100 xl30Ijowell 100 164Lynn, Mass., G. L..100 79 la

Mahl. A Melrose. . .100 x95Newton A Wat'n ..100 xl20

772010085

106

87

41 PISO

I

Mi«cr.i.l,A!>iconii.

Rich. Honl'nlP.R) 100Robcimi (P. Itlv ) 1000Sim:

ISail

Bihjnih

Six)

8124 1

101 la

90

100'

107

89

75

Salem, Mass., 100Brooklyn, L. 1 25Citizens', Brooklyn. 20Metropolitan, B'klyn.Nassau, Brooklyn ..25People's, Brooklyn. 10WUfiamsb'g, B'klyn 50Charlest'u,3.C.,Gas.25Chicago O.A Coke. 100Cincinnati G. A CokeHartford, Ct., G. L..25Jersey C.A Hobok'n 20People's, Jersey C.

.

f^ulsville G. LMobile Gas A Coke. 8Central of N. Y 50Harlem, N. Y .50

Manhattan, N. Y. . . 50Metropolitan, N.Y.lOOMunicipal 100Mutual of N. Y....100New York,N.Y....100N. Orleans G. L. ..100N. Liberties, Phila.. 25-Washington, Phila. .20Portland, Me., O. L.50St. Louis G. L .50

Laclede, St. Louis. 100Oarondolcit,St.Louis 50San Francisco G. L

13Ha

42137

•102

J441103

§*%

1459276I3128

32121a

5090259895

xl208480

7580%

15020060

375

101xl'iO

I2I2212

1032I2

4828145I3II2

42 14

10446107

$%

1499378129

92

56

1041021269087

8080>a

146

x9611553606030601-'

1602716075

13523 .iO

13611901741a

210!1001401300177900

5-

195875121490

MANrF.lCT'lNGSTOCKS.

Ain.B.n.3.M.(Fa.)12i2Am. Linen (FaU Riv.)Amory (N. H.) 100Amo.skeag (N.H.) 1000Aurtroscog'n (Me.). 100Appleton (Mass.) . 1000Atlantic (Mass.).. 100Barnard Mfg. (F. R.)Bates (Me.) 100Boott Cot. (Mass.) 1000Border City Mfir.(F.R.)Boston Co,( JIa8S.)100UBoston Belting.... 100Bost. Duck (.Ma88.)7O0Cambria Iron(Pa.).. 50Chicoi)eo(Mass.) ..100Cocheco (N.H.).... 500Collins Co. (Conn.).. 10Continental (Me.). 100Cres't .Mills (F. R.) 100Davol .Mills (F. H.) 100Dougl's Axe (Mass)lOODwight (Mass.). ..500Everett (Mass.)... 100FaU Riv. Iron W. lOOOFlint Mills (F. R.) 100Franklin (Me.).... 100Great Falls (N.H.) 100Uaiuiltou (Mass.) 1000Hartf. Carpet (Ct.)lOOHill (Me) 100Holyoke W.Power. 100Jaokson (N. H.L.IOOOKing Philip (F. R.) 100LacoDia(Ue) 400Lancaster M.(N.Ht400(>awrenoe (Mass.) lOOOLowell (Mass) BOOLowell Bleachery . 200Lowell M;ich.9hop.500Lyman M. (Mass.) . lOOl>Ianchester (N.H.) 100;Mass. Cotton 1000 *1340Mechanics' (F. R.) 100Merchants' (F. K.) 100Mcrriuuu;k(Ma8S) 1000Middlesex (Mass.). 100Nashua (N. H.)....500Naamkeag (Ma8s.)103S. E. Glass (Ma8s.)37}NewmarketPaclflc (M!V88.)...100O

659423016720098120X73

65310112

38 >4

78530 >3,

112108141

I82

' 92 I

125132166809712299lis6065653565

>0:'i0

-!0

too).. 100

:iv.) 100iLllOiK)1:.). 100^ iiooo

<0

I.

160 la

2917080

2422150145135017s950

1248O01651'20

1141121a12202351051a2251325

•590895130073028012001141a161

7596

'235

17020510012574

114

.R.llOOiss.llOO

13623751371195175

197880 y1219901a

l'J5

810167

11511312252501062351350

,59590018207503001250116162135C

1820 1825230 250700 7101271a 128no 91550 5701325 11850

rr-cmiiii

(Troy (;.

.

UnbincVnlW.iWa-iWeed 8c\v, .M'e (C't.')2.S

Wectamoe (F. R.)IOOWllllm'tin Llnen(Ct)25York Co. (Me.) 750

COAt A mncKV.miNINO STOCKS.American Coal 25Barclay CoalBuck Mount'n Coal.SOCaribou Con. Mhi'g. 10C«Iit.Arlzona Min.lOOColoratlo Coal A 1.100C^nsol.Coiklof Md.lOOCumberl'd CoalAI.lOODeadwood MiningExcols'r W.AM.Co.l(M)George's Cr'k CI (Md.)Homest.ake Mlu'g.KKlLa Plata 10Lehigh A WilkesLittle Pittsburg .

Marip'sa L.&M;CallOOdo pref.100

Maryland Coal 100Montauk Gas Coal . 100New Central CoalN.Y.AStraits.C.ALlOOOntario Sil. Min'g.lOOPennsylvania Coal. 50PlIotKuobl. (St.L)lOOQuicksilver Min'g.lOO

do pref.Robinson Consol. M.508i)ring .Mount. Coal..50Stand'd <,'ons. G.M.IOOStormout 1

BOSTON iniNINCIs'rocKs.}

Allouez 25Atlantic 25Aztec 25Blue Hill (Me.) 10Bmnsw'k Antimony.

5

Calumet A Hooia.. .2.5Catali>a Silver 10Central 25Contentment Silver 25Copper Falls 50iDana 25Douglas (Mo.) 5jDimcan Silver 20Franklin 25Har.shaw Silver "20

Humboldt 25Hungarian 25Huron 25.Mesnard 2SMinnesota 25National 2.">

Osceola 25Pewablc 25Phenlx .-...25Pontiao 25Qulnoy 25Ridge 2i

Silver Islet 25Star 25Sullivan(Me.)Silver 10Wlnthrop 25

OOI,D A SILVERniNING STOCKSS(N. Y. A S-VN. FRAN.)Alice.Alpha Consol GAS.IOOAlta Montana 100Aiueriean Flag 10Amle 10Basslck 100BechtelBelle Isle 100Bodie 100Bonanza Chief...... 1

Buckeye 5Buldomlngo 50Bullion 100BiUwer 100Calaveras 1

Caledonia B. H....10UCalifornia 100Cherokee 10Chrysolite 50ChOllar 100Climax 10Consol. Imperial ..100Oonsol. Poolilo 100Consol. Virginia...100Crown Point 100Dnndenborg 10DunklnEureka Consol 1<X>Father Do Smot .. 100Mndiey 1

BM.

39540 •«

14.50

X1040170

25

8314

1021355

4221

40^832

Aak.

40060

1400

loeo175

80

8t19

1031360

ei9i«

96199

I's2i«

19

18

161s

Pepiwirell (Me.). ....'^00 '1185 11190 IJG.ild Placer 25

3zl425o.40c.15

Z23250o.

X2625c.3

150.30c.15e.12i«3ie

40c.25o.3

700.SOc.2I9

321314214

300.X41

3 1425750.2

350.

•17

0%

2>fl

iCa84

1012111

22I4

21

20

34 19 3524085 90121a 1360 6221a •i>a

17

•17

350•04•03•20

2-50•12

•26•45

4-1

S

IH•3312

80

•23

3^1550«.50a.I514

23555*.2850e.4

2O0.50e.250.I213314

500.300.3i«

80a.

75e.2^

3413!^2%

50o.424

261002i«

90*.

•18

51a200•14•18

•60

3-70•1004

2-60

1^0027

1-30

•19•8380

•37

* Prloe luuiilaal ; no lato liiiwnniltiii 1 1 t Puroaiuier also pays ao jrueil Interest. ; lu Lsadon. } Quotatiou par share. p. Pre'Jltum.

142THE (JHRONUJLE. fVÔL. XXXIV.

GENERAL QUOTATIONS OP STOCKS AND BONDS

For E^pl»naUon, See Note» at Bead of PlrU Pa;£eafâ^COXCLUDISD.

otatton^.

Mining Stocks.

Goi>i> & suvicB

Continued.GoldStriiK) •••

C4ood8liaw 10"Gould AOirry 8..100GrauviUcGi>ld Co... 1

Great Kiist (Til '

Qrocii Mmintiuu 1<

Halo & Noroross. -10(

Hlbeiiiiik -•„>Horn Silver 2^Horteuse I'J

HuklU - -5

Indeiiendeuoe 100Iron Silver 20LacrosRB --••;!,Lcadrillc, Congol. . . . 10

little Chief -50MexifiiU G. & Silv.lOCi

Moose 10

MooBO Silver...Mono 100Navajo IOC

Pluniaa }''Potosi 100Bavi"*'""'"*'* iBed Elephant H'RisiiiS »>>>'••••

-.--••V"'Kobinsonton^cl.. .'''

Bierr*Nevada 100Silver Cliff ''i

Boutli Iliti;. new ...2.

Boutli PiKiUoBiH'iiig V.illey

StaudiirdTip TopTiiscrtfora—UnadilliitJniiiii CiuiKol.

UA^K STOCKS.BAl.TIMOKB.

Bankol Halliuioio IOC'

Bank of Comiuerci'..".'"

ClicMippaku 2.'i

CitizoiiB' 10Com. & Fttrr,erR'..10(Fariiii'is' B'k (if Md yci

Fariiiers' <fe M(!r(;li..4()

FaruieiB'APlauturK'""

First Nrtt.of Bait.. 100Franklin... OUGeiiiian American

—

Howard T

Bid. Ask.

•34•10

•03•08

!•!»:

2»(.

•16

17%•23

•fi^

•122oe•24•5.^

•82

'"ai

'iie•6,

•453-80•01

2002-55

BANK Stocks.

....100

....lOCl

....101'

" "itio

ISg•31•1'-'

•o:2 -So

•or

411

•K10 Os

17 »4

•2a•7.')

•20

210•25

"•8(5

. •««

tZ\

'"'i-i

2-411

•OS

•20

Bid.

139IIII2

..100

..100

..lOO

..100

..1011

..100.10(1

.1011

.IDC

.ICK

.lOCI

.1011

.101

Marino 30Medmnioft' 10Merchants' 100National Eîch'ô. lOoPeople's8ccoTid National ..lOdThird National. ...100Union 7rWestern 20

BOSTON,AtlanticAtlasBlackstimeBlue HillBoston NatBoylHCouBri^'litîii, (Nat.)Bioadwnv 100Bunker HiU 10(1

Central 100City 10(1

Coliiinliian lOOCoiniiioroB 101CmiiiuimwealtU...l()0CoiirlnentaiE:iL'lc

Eliiii

£xrli)in>;eKvcicttFaiMull HaU....Fust National lotFlri-t Ward 10(Ponrth National.. 100Freeniana' ICM'Globe .' 10<'

HaniilUin 100Bide & l,eatlior . . . 1 0(Howard 10(Manitfacturers'.. .100Market lOt^MarkettBrlgliton) .100MossaclHisotts 25(i

Maverick 100Meelianlcs' (Se.B.llOOUerohandiae 100HerobanU' 100Metropolitan 101 <

Monument lOoMt. Vernon J0(New KuKland 100Kortb 100North America lOOOld Boston 60Pacltic 100People's lOiJBedeniptton IOC'Bopa'jllo 10'-Bevere KM)Kockland io<•eoond Nat 100Security loibawinut luciBhoeA Leatiier 10(iState 10(1SoUolk..! luoThird Nat 100Troder*' JOOTreinoBt 100Union 100

13.n17:

"Yd113*314Gt-;

4113:1

H51001032%11'•341142i)

ISO10780 3j

•ja

1801112501132U010010390

2(10185165

100IfO125

185

223

133

Ask.

4018

Ytîj

1173')

4741V13597110lOV33Vi

13311721

16"

SIJ431

149liiOl\l^110i-.;4

IL'5113118

175741-213(512!»

VMIKi12'.)

124I3iI16I3Vl:>

•MS114108121uoHi11.lloHi12 1 v109 lalo.>i:i5

119iii•24 i\iH103143'sVMiiOOl.il1'39

138113>s61

150121113Hil-iS

154ItiO

13'>

132175

100173'

1-23

i;iiiU

130l-OV117I'il

r23133iirl.>0'210

113nol'i'2

111U7110Vli1101001401-20'243

13010614(11-22

203132141139114t>l'«

1 0013727I17>a13il

1491s l.)01-31191101'20

1-20

10ft

97

161140Vii118138

87120112;'2(i'"

KHlI 98

11HV1201491a 1.30

Washington 100\Vebst<<r lOo

BEOOKLYN..Aitlantic (State)BrooklynFirst NationalFultonCity NationalCommercialLonj! IslandMamifacturarB'.vtecliauios'

NassauBronklvn Tni»t

CHARLESTON.B'k of Chaa.tNBA) 100First N.it. CUas.. .100People's National. 100

CHICAGO.Coinm'ircial Nat. . .100Corn Exch. Nat.. .100Pittli National ....100First National 100Hide and LeatherHome National ...100Merchants' Nut.. .100Sat. B'k of Illinois.lOON'lntliwestem Nat. 100anion National 100Uu.Stock Y'ds Nii.t.100

CINCINNATf.Citizens' NationalCiiinniercial Hankl'"ii»t NationalFourth Nationalfii'Tiiian NatlimalVferchauts' National.Metropolitan Nat.Vat. Lat.&Bk.ofCoiuSicimd .S'atlonal

rhinl N.itionalUnion Nat'Veatern Ciermiiii Baui.

HAKTFUKD.KtnaNat lOi

\)Hcricau Nat 50UhartorOakNat-.lOii;ity Nat 100:Ninneotient River M'Far. & Mooh. Nat. lOi

i'Mrst Nat 101Hartford Nat lOi

viercantilo Nat lOi

National Exchange. fit

I'hienix Nat lOi

State 10<

LOUISVILLE.Bank of KentnekylOlr.ankof Louisville 101'

Citizens' National. li>'

Citv Nat ..101Kalis City TohaccolOiFarmers' of Ky ...101Fanners' & Drov. . 1 Oi

First Nat 101I icriuau Ins. Co.'s . 1 1

"

'icnnau lOi

Gcniian Natitmal. 101ICuntucky Nat KMtyoitisv. Banking Co.4iMiisonic iOiMcri'liants' Nut. -.101

Northern of Ky ...101Second Nat loi

Sc'Oiirity 101'

rimd National.... 101'

W'Bstern lOi

Wi'.ir.Filian.C'orii. . 1 0<

NEW ORLEANS.Camil A lJaukius.-10<Citizens' loi

(jennania Nat loilliliernia Nat lOitiO'iisniiia Nat.. ..101Met' DiiolitanMiitiuil Nat 101s'ew Orleans Nat. . KXPcoj)lc'8 .50

Jt.ite Nat 10(1

Onion Nut 100NEW YORK.

America lOCi

Vnicriean Exoh'gelOlBriiadway 2;'

B'.itciiers'A Drovers2.'"Central National. .100Cliii.se National ICXCiiatliam 2.'^

C;hemical KKiCity 100C»ti7.«n8' e.'S

Commerce 100Coutiuental 100Oirti Exrhange ... 100Kast River 25Eleventh Ward 25First National 100Fimrth NationtU . . . 1 00Fulton 30Fifth Avenue 100Oallatin National ..50lierman American. .75Ueniiania 100tireeuwioh 25Urooers' 80(Hanover 100I

tiiHwrtere' * Tr. . . ICKi'Irvinic _ 50!lL(âtller Mauufts-.lOO.Manlmttau fK)Marine 100Market 100 JKSOMechaulca! 25 14a

140112

18515

2351182S0105110too2089J175

BANK STOCKS. Bid.

166;i02;142

123100{106;140150160130

\\i2

2201751*23

133i.'O1-25

1 1001 12410;rJO121

J 103t'.55{160

283123

85

1287*2

133!<5

5313212117013076109109

Ml93121IJSl

f>3

103lOS1491041121311:42131-27

134106lli3

U-J118108108

^132i;t3

a34xl23XI 24•1IO5XI 24<:i>3X6li'8\l-25Xl23

151r20

1133

ifo"'1251782237

iia"

1307.8

140100561331-23

17213278172112

1429712213186106109132105113132136'218

130135

"106

'

150119110109

135134

128"12&I2

108

60 3i1'29

130

154125 -

60

{104

121{133

90{I2(i

133240

150

Mechanics' B. Ass'n50 106JIechanic,8'<&Tr.. .2n 9^Mercantile 100 ,119

Merchants' f>Merchants' Exch'geSOMetropolitan 100Niiasau 100New York 100N. Y. Nat. Exoh'gelOONew York County . 100Ninth National—100North America 70North Kiver 50Oriental 25Pacific 50Park 100People's 25Phenlx 20Republic 100Second National.. 100Seventh Ward 100Shoe & Leather 100St.NlciioIas 10(

Statoof N. Y 100Tradesmen's 40Union •''<'

United Stat.'8 NatPHILADELPHIA ^

B'k of N. America . lOOCentral National.. 100City National 50Comiuercial Nat— 5(

Commonwealth Nat5(iConsolidation Nat..3(Corn Exchange Nat.5rEighth Nat 10(

First Nat IOCFarmers'&Meoh.N.lOtGirard National 41

Kensington Nat 5' "3.Man 11 faetiirers' Nat.2Mechanics' Nat....101 122Merchau's' NatNat . B'k CoinmBrce.SiNat.B'kGeriiiant'u.51Nat.B'kN. Liberties 51 luONat. B'k Republic. .101

."fationai Security. 10(

Penu National 5(

People's IOC _

PhiladelphiaNat..lOO 21aSecond Nat ICKSeventh Nat 101SixthNat 100SiiutUwark Nat 50Spring Garden 10l>

22d Ward 50Third Nat. 100Underground 1''0

Union Nat 50 70Western Nat 50West Philadeinhla.lOOPORTLAND, ME.

CumberianilNat.. .40Canal Nat 100CascoNat 100FirstNat 100Merchants' Nat 75National Traders'. 100RICHMOND, VA.

City Bank 2.'>

First Nat 100Merchants' Nat... 100Nat. Bk of VirgiuialOOPlanters' Nat 100State Bank of Va.lOO

ST. LOUIS.B'k of Comnierco. . 100Commercial 100Contlneiitnl 100Fourth National ..100International 100Mechanics* ' 100Merchants' NatSt. Louis National.100Tlii I'd National. ...100Vail eV Nh tion al . . . lOPSAN FR A.NCISCO.

Bank of California.

.

ClavStrcetFirstNat. Gold.... 100Nat.Gold Bank&Tr. CoPacificfire; iivsdk'ce

STOCKS.BALTIMORE.

Associate Firemen's. 5Baltimore Fire Ins. 10Firemen's Insur'ce. 18Howard Fire 5Maryland Fire 10Merchants' Mutual. 50National Fire 10

BOSTON.AmerloKn F. & M. .100Boston 100Boylston 100

125 Commonwealtli. ..100140 Dwelling House...100

Eliot ...100Firemen's 100Franklin 100Manufacturers'. ..100Mass. Mutual 100Mercantile F. & M.lOONeptune F. & M...I.00North American . . 100

130 Proscott. 100Revere 100

147 Shoe & Leather. ..100145 Wasliinirton KX)104% CINCINNATI.150 Amazon(new stock) 20

112

129100

110

164%

104146

INSUEANOB Stocks. Bid.

108

285

63

70

1216

105125

105li5

125

151124170

110

59162160160116135

251s13511'-!

911,35

104

350'260

131)1339610611411097100

155

73

GO164161161117157

120

137

110

98103

83

f29

29 3021 24 V7 7aB

5

xo\

1.50 153143 144126 12875 KO122 123137 138167 16860 61123 1261161a 120138 142126 r27147 150145 130

1'25 126157 159

Ilia

AuroraCincinnati 25Citizens' 20Comraoroial ..25Eagle 100Enterprise 20Eureka 20Firemen's 20Gemiauia 20Globe 20Mcrohan ts'& Manuf 20Miami Valley 50National 100SecurityUnion 20Wasliington 20Western 23HAKTFORD, CONN..Etna Fire 100Atlas Insurance. . .100Connecticut 100Hartford 100National 100Orient 100Phtenix 100Steam Boiler 40

LONDON.Commercial Union. £5Guardian 50Imperial Fire 25Lancashire P. & L..23London A(i8.Corp.l2i2Liv. &Lond. &Glol)e.2North'nFire&Life..5North Brit. & Mcr. 8I1

Queen FireA Life.. .1

Rovsl Insurance 3NEW ORI.,E.VN3.

Crescent MutualFactors' and Traders'Firemen'sQemumiaHibemiaHomeHopeLafayetteMorciinnts' Mutual . .

.

Meclianics' & Traders'New Orleans las. Ass'uNe%v Orleans Ins. Co .

.

People'sSun MutualTeutonia

NEW YORK.American 50American Exch...l00Bowery 2!]

Broadway 25Brooklyn 17Cltizenfl' 20Citv 70Clinton 100Columbia 30Commercial 50Continental 100Eagle 40Empire City 100Exchange 30Farragut 50Firemen's 17Piremen!s Trust— 10Frank.A Einp'ium

.

German-American 100Geriuania 50Globe 50(Greenwich 2.5

Guardian 100Hamilton 15Hanover 50Hoffman 00Home 100Howard 50Importers' it Ti-ad. .50Irving 100Jefferson 30Kings Co. (B'klyn) .20Knickerbocker 40Lafavette (B'tlyn) .50Lam.ar 100Leno.x.Long Isl'd (B'klyn).50Lorillard 35Manuf. ABuUders'lOOMimliattan .-.100

Mech. & Traders'. . .25Meclianics' (B'klyn)50Mercantile 50Merchants' 50Montauk (B'klyn).. 50Nassau (B'klyn) .... 50National 3712New York CityN. Y. Eqiutablo 35New York Fire.... 100Niagara 50North River 25Pacilic 25Park 100Peter Cooper 20People's 50Phenlx (B'klyn) ....50Relief 50Republic 100Rutgers' 100St. Nicholas

-

Standard 50Star 10(1

Sterling 100Stuyvesant 25fTradosmen's 23United States 2i)

Westchester 10

125190

176143107

14971a132120

136'

153

212

ABk.

109140

115103

145110105

106"

13830513911521973

80

ise"

2442514231514111722180

221a71150

7136322

'673I4

2914

iin12114

xiife'i11X4014X86x54117'icl'jO

x38x66x3lxlJlâXiao

1451032001801901501201405005

2402208510011890lOS11518515512027060

12015070145lOS906013020045

1I>S

70701030012095140

23la73155

86524

07"3!ll

301a

120191221«

126"116

ibo"60i«1191221s331363

155113

20020010512514660102250240921101'23

93

90

1201951«5125

75118115150110701301001851051951'20

190112143807514060115750012075123115

701301538015511610070150210551157o8011065135100150155801Z5120160115801401101951152101252001171539030150

122W63

90130

Williamsburg Cttr..50 240 200^

RSn * Price munllui ; no lati: trauactious. } L&st price preceding Feb. 2. i Qootatlou per share.

•pKBRtTAnr 4. ISf-S.J THE CHROlVlCLE. 148

Juwjcsttwjewts4*D

STATF, CIT? AND COEPORATION FINANCES.

Thu Invbstohs' SuPPtBMENT eoiUaiiu a complete eahibit of the

Funded Debt of Statti and OUUi and of <A» Slonka and Bonds

of liailroais and othtr Cimpaniu. It <« puUithti on tht latt

Baturday of ev»r'j other month— vit., February, April, June,

August, October and Decejnbtr, and is furnislud teithout extra

tharge to ail regular tubteriben of the Chboniolb. Single copies

are sold at ¥3 per copy.

ANNUAL REPORTS.

New York Lako Erie & Western.

(For the year ending Sept. 30, 1881.)

The annnal report has jast been issued in pamphlet form,

and the result of the year's operations was net earnings fromtraffic of $7,459,375 ; earnings from other sources, $844,305

;

total, |8,303,(}81 ; from which deducting interest on fundeddebt, rentals of leased lines, and other charges, lt!6,416,2G3,

there remained a net profit of $1,887,417.

The report says :•' This amount, together with $109,988

received from the trustees during the year, from the assess-

ment paid on the stouk of the Krie Railway Company ; $230,325received from the sale of 5,000 shares of our common stock ;

$363,375 received in settleinent with the London Bsnkinfr Asso-ciation ; $73,393 received in settlement with Biseholf.sheim andGold-ichraidt ;

|33'2,')00 realized from sale of .13.50,000 NorthernCentral Railway Company's second raortgafie bonds : $75,000realized from the sale of stock of the Union Dry Dock Company,at par, and $10 000 from the nale of Lockport & Buffalo Hail-

way'.s bonds at par, makiu.;? in all $3,080,5)99, has been appliedmainly to improvements of tho road and property, and to theacqiiisiiion of equipment and real e.state. The earnings andexpenses of the year, comp.av.d with those of 1880, show anincrease in gross earnings of $2,022,496, an increase in operatingexpenses of •*1,612,304, and an increase in net earnings of$410,191. The merchandise freight carried, as compared with1880, shows an increase in tonnage of 919,655 tons, being19 8-10 per cent, an increase of 131,079,362 tons one mile, or9 4-10 per cent, and a decrease in earnings from this source of973.349 The earnings per ton per mile on this class of traffic

were 789-1000 cent, a decrease from last year of 80-1000 cent.

The decrease in revenue, notwithstanding the large increase in

tonnage, is due to the long and fierce competition for businesswhich has existed between the diffetent lines, and which hasresulted in lower rates for tzansportation than have beenreached in many years. The coal tonnage for 18S1 amountedto 5,518,850 tons, being an increase over last year of 1,451,276tons, or 35 6-10 per cent. The earnings from this source were$4,853,427, being an increase over last year of $1,661,810, or53 08-100 per cent. The earnings per ton per mile on this class

of traffic were 845-1000 cent, an increase over last year of107-1000 cent." * * *

" The earnings per ton per mile on all freight were 803-1000oent, and the expenses per ton per mile 529-1000 cent, adecrease froni last year of 5-1 000 cent." » » » "Theratio of expenses to eamincrs was 64 per cent, being a decreasefrom 1879 of 6 per cent, and an increase over 1880 of 2 per cent.

The increase iu tho cost of operating the road for the pastyear is accounted for by the large increase in our freight andpassenger traffic, at reduced rates, and tho increased cost oflabor and material. Had we received the rates of 1880 formerchandise trafHo. we would have earned an additional sumthereon of $1,125,543, at a total percentage of cost of operationof the road of 60 7-10 percent." Special mention is mado of the car service for the reason

that for the first time in the history of the company it shows abalance to the credit, amounting to $12,698. This is one of theincidental advantages of the cha;:ge of gauge, the owning ofour own equipment, and our ability to exchange cars with alliwads." , .^

CAPriAL 3TBCK.

Of the $85,240,525 of Erie Railway stock upon which assess-ments were paid, there is still held, awaiting exchange, com-mon stock, $640,700 ; preferred stock, $524,525.

" The Articles of Incorporation provide that any stock of theBrie Railway Company, the holders of which failed to pay theassessment, shall be forfeited, and that the New York LakeBrie & Wettern Railroad Company shall have the power toissue its own stock, which would have been applicable toexchange for such old stock had the a-ssessment been paid, and^ell the same for its own benefit. Under this authority therehave been i.ssued and disposed of during the year five thousandahares of the common stock of this company, leaving at presenton hand and nnissiied of sach common stock, 4,162 shares, andof preferred stock, 3,801M shares.

Ttie total amount of capital stock issned to Sept. 30, 1881,to, M above $84,575,300

Ajnoiint o( asaentod ktock unlMued ; 1,105,223Anioout uu baud, subject to sale 700,375

Total amount authorized $86,S36,90O» * • »•••#

" Much progress has been made in carrying into effect theprogramme marked out on the organizatien of this company,for the improvement of its road and property, to the end that

it mi^ht bit more ellbiaDtlyi economically, and Hucctm.rullvopera'i'd. Tlin remiltH (if the patt year, whon .•"'.•••'! viththoHi- c.f pri-ivdiii; yiiir«, jiiHtify, beyond :\ hepoliey (I I.Jiilnl, ainl tliM steps taken In the dii. mgsuch iin:>n>vc'iiientH, ni.d, although much has be«n Uodh, thereyet reriKiiri I a /:re:it deal to do. The sncoess of the c'lmpaojrdependH upuii its ability to perform its service with the vreatMidegree of ec<]n(imy and efficiency. Tho tendency of this timesis to a remarkably low rate for transportation sTvioe. To twable to perform the service required, every facility for tlMeconomical working of the road must bo provided."The expenditures charged to cocatroction aocc unt, et«.. In

the year have been as follows

:

Second t.nick t297,S40Kast lliifTilo Imitrovemoots 213,7.508M(> iind third track 205,054BrIdRus 10,231lOnKHie-bouites, maoliino shops, eto 14.5,035Maohineiy for shops "~ "

Stations and wurebouiMMNnrrow-eauelu)? roadTelegraph linosN«w ferry. Nowburg •..,... ,.«Rinhtof way ,...»..'....

MiscolimiooiuBranches

,

Uockh iiLlnrsey CityDocks at WoiihawkonStock yards, Fortieth street. Now YorkKoiil oatato

28.32252,07322,8,171,0240.3002,70511,774

101,1011,212

24,611R,20B

8fi8,771Equlpmeul 1,820,885

Grand total „... $2,933,846

The tables of comparative statistics, compiled for the CaaoHi-CLE, for four years past are as follows :

Miles ownedMiles I'sed &. contrl'd

Total operated...

LocomotlveaFa»R. ,mail & exp. carsFrclfcbt oarsCoal and other oars..

EOAD him BQUIPMBNT.1877-78. 1878-79. 1379-80.

D28 ri39 520403 3l)0 480

028 923 1,009

Bl« 1)04 528407 .S»0 400

J 11 «>irI 13.6'.H) 17,42U

1680-81.540480

1,020

40520,0018,218

OrStUTIOXS AND FISCAL BESULTS.

Optraliont—Passengers oarrlEd .

.

PiiAsonger mileape. .

.

Rate p. pass. p. mile.Freight <tonB) movedFreiKht (tons) mil'eo.Av. rale p. tonp.mlle

Bam\nga—PassengerFrelKhtMail, oxpr's,rent8,&o.

1877-78.4,8!>6,327

140,326,7492-lH9otg.0,150.463

12247644380-973 ots.

S3,070,121

ll,»l4.4^0680,377

Total gross eam'gs 15,644,978

Operating expenses--MaiRtcnau(!0 of way. 2,0(14,992Mulnt'co of iMjuiiiin't 3,78»,516Transp'tion expenses 4,304,379misoeflauouus 417,970

187?-79. 1879-SD. 1S.=0 81.4.89J,527 5,491,431 6,144,158

140,115,718 180.400.204 200.483,7002-00 1 ots. 2041 cts. 2-016 eta.8,212.641 8.715.892 11.086,838

1560222417 17211 12u06 10348948560-7^0 obJ. 0-836 Ots. 0-d05 ate

ft $ fi

3.118.044 3.682,951 4,041.26712,233,181 14,391.115 15,992,276

580,593 619,042 e82,0eS

15,942,023 "l8,693,108 20.715.606

2,158,9313,998,2034,023,«63393,607

1,0.18,7154.152.2775,109,980442.053

2.098.9054.839,6675,8>1.335466,323

Total 10,635,863 11,174,697 11,643,926 13,256,230

Ncteamlnsrs 5,009,115 4,707,324 7,049.188 7,469,:i7e

P.cop.exii. toearn's 07-98 7000 62-29 64 00

COHFAKATITB BTATEMBNT OF TROFrT ASD I.OB8 FOE FISCAL TBABSENoma BBexEsiBCE £0, 1870, 1880 amu ISsl.

Credits.

1879.Eam's—Jlaln Uno & brano'a.. ?1 5,042,022Woiklug oxpcnsca 11,174,698

1880.$18,693,10311,613,925

1881.

—

$20,715,606l:<,256,230

Net earningsFavoiiia fcrrieji—earningsI'avonia Horse R'li.—«;vrningBN. Y. I.. K. * W. bus'fia expPsWeohawkcn (lockB-oarnliigii.

Grand Op. House. Ac.,—rentsUnclaimed bnggago, &o-Brooklyn Annor—earnings...Elevator at BuffaloBjUiko's Docks, Baff—eara's..Irttorcst on secnritieeSterling exohangoQold pieiiuiunAdjnst't of int. on funded debt• pdortoOct. 1, 1678

$4,767,323237.35780.74557,7;iO73,944

2,5762,488

12.1652,254

58

3,996

Total credits..

Pavonla forrioa—ftxponscs

—

Pavonla Horse KR.—expenses" Interest on bonds

N. Y. I* K. ii W. l)as'XO oxpr'sWeohawkcn docks—exiiensos.Grand Op. House Ac—expns.Unolalmed bagga^je. &oBrooklyn Annex—expenses ..

Elevator at Buflalp-expensesBlake's Docks, Buff.—expon'sInt crest on funded debtI.ong Dock Co. bonds—Inter't

Wcehawkon Docks—Intoroet

.

Guaranteed InterestInterest on louu^Interest on mortgages, eto

—

Interest on equipmentRentals of leased linesSua. Br. &. E. Juno. KR.-rontPatorson 4 Newark KR.,rcntCountefslgning bondsIxmdon oliloe expensesExtending 2d Mort. boudsExtfinding 4th Mort. bonds...State of New York—taiee....atatoof Panaayl\'snlA—taxesState of New Jotscy—taxes. .

.

$5,180,636

ViMs.

$314,73720.802

$7,833,140 $8,303,681

64,78019,724

"3,79323,281

"7,6472,047,712210,00064,453133,00047,97814,41869.892

658,44540,91415,58917,7993,498

109,524

0.104

$216,31821,11810.23761,4559,317

25,9.174.794

36,37468.3434.700

3,963,872210.00064.453131,92829,01622,797148,284662,95225,70111,32718,81612,641

650146,860

6.;r7B19.87639,913

$249,64323,73510.33766,01015.37950/4470,520

31.60781,59027,856

4.143,745310,0006t.49386,91456,64233,697

206.064680,80317,0014.297843

6,335

m»8,7S818,65634.3M

144 THE CHRONICLE. fTou XXXIV»

Claims prior to Oct. 1,1878..Clftlms prior to Oct. 1, 1879..Claims prlc.r to Oct. 1. 1880..Bciit and expa. of stock yards

1879. 1880.$8,489 $

78,910

1881.

96,314.3,326

TotaldeblU $3,888,664 $6,042,519 $6,416,263

Surplus $1,291,971

COMDENBED BAUABCE SHEET, SEPT. 30.

J>r.

$1,790,620 $1,837,417

1879, 1880 AND 1881.

Construction—Main line

—

Third rail—general account.EquipmentReal oetatePaid from special fund—Third rail ^'W-B^

1879.$.548,381228,34470,470

124,926

Beoond track.Third track, gradinK.real es-

tate and ri(,'lit of wayImprovements at Hulfalo...Engine-bouse at BergenEquipmentElevator at BuffaloBhip basin & docks, Jer. CityErie International RRMiscellaneous

Construction—branch lines...Buffalo elevator— gen'l acc't..

Ship basin and docks, JerseyCity—general account

I/eblgb (locks, BuffaloWccbawken docks, construc'nBlake's Uo,-k, BuffaloN.Y.& Fort Lee RRImp. at 40tli St. dock yards..Buff. &. Southw. KK. imp. acc'tPaid on account of eqmpmentBtocks of otlier companiesBonds of other companiesAmounts duo by agents, othercompanies, &o

Uaterials, &c., at shops and onroad

Cash on handCash In LondonBills receivableDlscoimt on common stock...£8tate of the Erie Railway. .

.

491,860

67,07119,698339,38069,87017,909

'"29,99986,07037,425

82,602

848

160,645174,202226,024

1880.$1,308,472

263,496350,986148,472

1,207,4291,034,297

141,50486,556339,380203,97398,933

"29,999158,611

7,394

110,82292,8513,278

36,302781,655140,200273,819

1881.$2,340,057

218,898766,061387,388

1,207,4291,067,053

12,827141,50436.556

396,316203,97398,9382,683

29,999257.029

7,394

112,035126,71327,89089,86525.3468,298

52,2051,667,851731,490273,819

1,841,986 2,729,148 2,565,415

875,731165,19610,4017,500

1,123,542186,5?<050,56810,5 i3

1,206,18177, 1 5023,7)334,066

269,075151,210,930

$102,631,098 $162,550,111 $165,680,962162,550,111

95,737,122 151,661,284

Ket Increase In 1880-81 over 1879-80...

Cr.Common stock issued $24,997,100~

2,151,700PrefeiTed stock issued.Funded debt .is por Invest-OHS' Supplement

Loans payableBills payableInt. on bonds (duo and acor'd)Rentals of leased lines, etc. .

.

Amounts duo to other com-panies and individuals oncurrent acc*ts,consist'g of

—

Pay-rolls for Sep. pay. Oct..Audited vouch, for supplies,

etc.. iucUid. Sept.vouchersTraffic b.'^lances, etcSundries

Special fund for improvementof the property 2,364, 118

Assessments on common stockErie Railway ($4 per share)

Assessments on pref. stockErie Railway ($2 per share)

Int. on assessments receivedon stock of Erie Railway,and int. and profits on in-Tcst'e, Kter'g exoh., etc

Prollt and loss 2,120 517

66,678,501300,000182,763588,965433,399

616,279

1,534,697631,18631,868

$75,879,3007,367,700

67,173,744200,00067,500

1,213,048355,876

671,543

1,542,143832,13450,061

$3,130,851

$76,943,1007,632,200

07,165,665300,00058,.500

1,109,530360,581

709,331

1,548,079644,080127,325

2,791,424

116,390

377,5033,911,138

2,791,424

116,390

376,1975,798,556

$102,631,098 $162,550,111 $165,680,902162,550,111

net Increase in 1880-81 over 1879-30 $3,130,S51Illinois Central Railroad Company.

(For the year ending December 31, 1881.)In advance of the regular annual report the following sum-"^v ** ''^P°'^ °^ ^^^ directors is issued :

against !t8,304,811 for the year 1880. The tonnage carried

?^nt ' Tl, ^^^ ^^T ?»rnings show an increase of 3-04 per

thSl" «Jl880 Th^^' 'I13.227 181. and is $251,830 le.ss than

follows:* Teoeiipta from all sourcss were as

From trafficFrom land $3,227,181From interest on bonds 123,932From premium on C. 8t:il-4N.oVEiii,o4dbondk"iiid:;:::; ifJiJoO

Total

138.750,000, ind owmqIo miL-nV lU"^ "?« charged with195 mileH of sidines and fl^^w f ^Vl^fl "" "'""'^ ^^^^'^^^

cars From the7f»en\iebWV/?5eU''m\°f'^ H°^ "'PIbonds of the Chicaeo St Tr«,i» *' w vl-. *^ ^^ .deducted

3.C32.000. which, a^l^arf'wteutKblZd ^H^^.^,

to $35.118.000—half a million less than it was in 1866. Thecompany owns !f6,670,000 of the 3outhara Line stock and$383,000 of stock in the Middle Division, making $7,053,000.Deducting the current value of these, the charge upon thecompany's property might be regarded as reduced to the shar«capital of $29,000,000." » * * *"The three items in operation expenses which show the ad-

Tautages of working a well-finished railway are 'maintenanceof way.' 'maintenance of equipment.' and 'claims and dam-ages.' These three items from 1866 to 1870 aggregated $12,-575.554; the same items from 1876 to 1880 aggrt-gated $6,924.-988. showing a saving in the last five years of $1,130,113 perannum, or a total of $5,650,565. By this economy the netprofits have in the last five years increased about 40 per cent.This result could not have been obtained except by the expen-ditures made to put the property in a first-class physical condi-tion, so as to transport a large volume of business at lowrates." » * * *

"In 1877 the earnings from all sources fell to $6,639,845.This was the turning point of the Illinois Central Railroad Co.The net earnings in 1876 and 1877 averaged $2,345,000 perannum. For the last two years. 1880 and 1881. the averagehas been $3,353,000 per annum net. the largest average for anytwo consecutive years in the company's history."The improvements to the line have told with great effect

since 1878. The maximum expense for maintenance of equip-ment was in 1869 |1.246,478. The minimum in 1S79 was $490.-923, The maximum expense for maintenance of way (937 miles)was $1,314,028. This was reduced in 1879 (1.215 miles) to $640.-575. This reduction demonstrates that the mo.st remunerativeemployment of capital in a railway is in perfecting its condi-tion.

" In February. 1872, the question of extending our operationsto New Orleans was fully considered. It was decided to adoptthe policy of extension. On obtaining final possession of theChicago St. Louis & Ifew Orleans Railroad, in 1878. a definitepolicy of improvement was adopted—laying it with steel rails,putting in iron bridges, ballast, etc.. in order to reduceexpenses. This road has been virtually rebuilt from Cairo toNew Orleans, and the two lines of which it was composed havebeen consolidated under one management. On Ist August last^the line was changed to the standard guage of four feet eightand a half inches, making it uniform with that of the IllinoisCentral. Since then cars have been transferred without deten-tion and at greatly decreased cost. During the past yearborings have been made in the bed of the Ohio River, ocpositeCairo, with a view of determining the location of a bridge atthat point, and plans will be shortly prepared. The wheat

. crop of Southern Illinois was very shor^. and the average yieldof corn in the State 30 percent less than that of 1880. TheIllinois Central, which in former years was almost entirelydependent upon a grain traffic, finds now use for its ears inmoving other commodities, and this will increase in direct ratioto the gain in wealth and population, and in the developmentof manufactures in the State." * » *

" During the year 1881 there were sold 24.244 acres of th«company's lands for $13.5,587. an average of $5 59 per acre.The company now has 220.852 acres remaining unsold. On the1st of October. 1881. the directors sold $2,500,000 of the ChicagoSt. Louis & New Orleans Railroad bonds, which this companyheld, and called in the same amount of our redemption bond»due in 1890."

Delaware Lackawanna & Western.(For the year ending Dec. 31. 1881.)

This company issues no annual report, and has not is.snedany for the past ten years or more. The very brief statementof income account published officially is given below, in com-parison with the figures for previous years:

ROAD AND EQUIPMENT.1878. 1879. 1880. 1831.

MUes owned 207 207 207 207Miles leased & controlled. 462 402 462 469

T»tal operated. 669 669 009 669ji $ $ S

Gross ear'gs fr'm all B'rce8.14,454.405 20,226,708 21,656,604 27,396,526Operating cxponses 10,836,276 16,416,256 15,753,134 19,632,662

Netearnings 3,618,129 3,810.452 5,903,470 7,763,864INCOME ACCOUNT.

1878. 1879. 1880. 1881.

Netearnings 3,618,129 3,810,452 5,903,470 7,763,864Dtsburscments—

Interest and rentals 3,577,420 3,624,431 3,627.381 3,558,404Dividends » 786,000 t 1,768,500

Total disbursements.. 3,577,420 3,624,431 4,413,381 5,328,994Balance, surplus 40,709 186,021 1,490,089 2,436,870

* 3 per cent. t C% per cent.

OKNEBAL BALANCE AT CLOSE OF EACH FISCAL TEAR.Assets- 1S78. 1879. 1880. 1881.

Railroad, buildings, equip- $ $ $ $ment. coal lands, Ac...29,624,548 29,426,681 30,278,733 30,873,357

Stksaudb'dsowued, cost 5,155,656 4,480,257 4,697,520 6,265,521t-asbifenetcuireut accts.. 820,750 788.80,"> 785,731 709,469Materials, fiuil, <tc 832,271 1,049,694 1,264,314 1,121,850

Total 36,433, 2_>5 35,745,437 37,026,327 39,030,197lAabilUies— $ $ $ «

?-"^

, • ''O'n'uon 26,200,000 20,200,000 26,200,000 26,200,00*Funded debt (see Supple-MKNT).... 5,887,100 5,887,100 5,677,900 4,044,900

Balance on bonds retired i '^OO 000aorplus account 4,346,125 3,658;337 .5.i'iM27 7,'585,'297

Total UablllUcs 36,433,225 35,745,437 37,020,327 39,030,197

FEBilTJAnY 4, 18^2 J THE CHRONICLE. 116

Lelilph Valley Railroad.

(For the year ending Nov 80.)

The annaal report just isHued aayn :" Oar buHines* has

sfaown • gratifying iD(ir«>a.<<e in all departments ax comparedwith previonH years, with the xiogle exception of oar paweDgerreceiptH during the Centennial season."The ciml tonnage for each of the past five yearn was as fol-

lows : 1877.4,391,286 tons; 1878, 3,479,593 tons; 1879, 4,415,-286 tons ; 1880, 4,672.724 tons ; 1881, 5,870,701 tons.

The above statement for the past year does not include 393,-976 tons of anthracite coal and 872,647 tons bituminous coal,

which passed over the Pennsylvania & New York Kailroadonly.The income account for 1880-81 was briefly as follows :

Inoomn from all Hnurrca, Inrluding invcstmentR, Sas $10,302,126OperallDg oxpcuKes of the road 4,618,^83

Leaving $5,744,012Against wbloh there was charged—

Interut ou bonds $2,268,313Dividends—5>9 per cent l,o22,951Oeueral Ezpeusos—Taxes, loss ou Morris Canal

lease, &c 772,681Amount charged for estimated accumulateddepreciations 1,070,058-5,634,007

Xamingt—Oiiftl ficlglit .

Otlicr frrlKhtI'lUwcn^riTB, nialKexiiriiw, As!.Canal and miscvUaucMiiM

I /ai $79I,SH2 $I,33n.1')7•61 713,4(10 70I !,23

11. •.•63 156.171 17(>!24Da.-.,203 30,604 23.416

Total groHs enmlnga 1,322,038Oiwratlng expenses 723,146

$1,691,847776,714

$2,241,0841,243.378

$01.M33 $1,000,70$

Balance to be carried to the credit of oar profit and lossaccount $11 0,034

" We have sold to the Pennsylvania & New York Canal &Bailioad Company a proportional amount of our investment inthe stock of the (Jeneva Ithaca & Sayre Kailroad Company,which was purchased some years ajjo for our joint benefit.

" The severe competition ia freights from the West partic-ipated in by all the trunk lines has very seriously interferedwith oar income from that source. If good rates had beenobtained on the portion carried by us, our freight receiptswould have been much larger than they now appear. Thelarge buaine.ss both in coal and miscellaneous freights done bythe company and its connections during the past year has veryactively employed all our engines and cars, and has made it

necessary to provide means for their immediate increase. Ourseveral shops are building new locomotives according to theircapacities, and others have been ordered from regular build-ers. We have also expended during the year $481,335 for newcars, besides repairs and the maintenance of the old numbers,and are now arranging for building one thousand additional20-ton coal cars." * * "Our various interests have also united inestablLshiag a transportation line on the Lakes between Buffaloand Chicago. Two vessels are now owned by as, and negotia-tions are in progress to secure four others. It is thought thatthis enterprise is quite an important one. and will be of greatAdvantage to us in connection with onr railroad lines."The Lehigh Valley Railroad reports never contain a balance

sheet of assets and liabilities, but the other statistics are com-piled in the usual form for The Chbosicle, as follows :

1879. 1880. 1881-Locomotives 238 255 2«8Pa««cn/,'er,mailandcxpre8sc»r8... 107 108 114Freight and other cars 2,508 3,031 4,017Ooalcars 21,161 24,465 24,465

OPERATIONS AND FISCAL BEStTLTg.Ot>eraUon»—

Passengers carriexl one mile 15,082,971 19,812,238 23,123,806Anthracite coal (tons) moved 4,361,785 4,606,415 5,791.376Other freight (tons) moved... 2,731,324 3,028,710 3,486,432

Total freight (tons) moved 7,093,109 7,635,125 9,277,805Anthracite coal (tons) moved 1 m.366,630,225 375,303,125 440,626,699Other freight (tons) moved 1 mile.150,540,605 166,178,752 202,299,285

Total freight (tons) moved 1 m..617,170,830 541,481,877 642,925,984Eamingf—

Ooalfrnight $4,011,445 $.5,352,604 $6,678,590Other freight 1,488,.578 ],879,.574 2,129,397Passenger, mall, express, &0 432,303 530,812 618,871

Total gross earnings $."),932,326Operating expenses 2,996,981

i?7,762,9904,002,357

$0,423,8.-)84,648,084

I(et earnings $2,935,345Per o't operating exp. to earnings. 5052

raCOMB ACCOBKT.1879.

JteeeipU— $Met earnings 2,935,345Other receipts and interest 608,038

$3,760,63351-56

1880.$

3,700,633837.948

$4,775,7744932

1881.$

4,775,774968,268

Total income 3,543,383

Interest on debt 1,557,900Ooueral taxes, floating int., lossan Morris Canal, iScc 866,596

Dividends' 1,095,623Charged for acoim . depreciations

Total disbursementsBalance, sun>lu8

4,598,581

1,630,113

742,9531,108,7.57990,338

5,744,042

2,268,313

772,682l,522,9.''i4

1,070,059

3,520,01923.364

4,472,161126,420

5,634,008110,034

* In 1879, lOon preferred and 4 on common ; In 1880, 10 on preferredand 4 on common ; In 1881, 10 on preferred and S'a on common.

NEW YOKK * PENNSYLVANIA CANAL AND EAILKOAD.OFEBA-nOm AHD FISCAL RESULTS.

1880.282,421

6.745.0O12-42 cts.

OperaiUmt— 1879.PassC'iigiTS earried 140,118Passengers carried one mile 5,339.415Rate per piiHsengcr per mile. 252 cts.

Ooal(tou^.) ctrrled 1,190,003Other fri'ijjlit (ton«) caiTled 771,630Total freight (tons) carrtad 1,961,T43Coal freifilit (tons) carrVI one mile 82,684,229Cher frelsht (tons) carr'd onemilc 67,437.130Total freight (tons) car'done mllu. 150,141,359 15di627'.7oi 193ii3oi;t57Average rate per ton per mile 0'76ot9. 0-91 cts. 082 cts.

1881.21*2,018

7,624.2802-39 cts.

1,527,6071.0.'i7,5Sl2,585,188

71,364,989 107,228,S.'il78,6(>2,805 85,902,100

1,140,981911,46.8

2,052,449

Net earnings $090,702

GENERAL INVESTMENT NEWS.Central of New Jersey.—A report from Phil«delpbia say*

that Messrs. Gowen and Garrett have secored control ofthe New Jersey Central Railroad and arraaged to work itwith their roads. Mr. John Taylor Johnston, whenasked by a Times reporter about the rumor, said he knewnothing positively on the subject, except that certain peraonshave been endeavoring for some time to get control of theroad. Who they are he did not know, nor was it known at thecompany's office. He said it could not be positively kno'WBuntil the transfers of stocks are recorded.—The directors of the New Jersey Central Railroad Companjrheld a meeting this week, at which Vice-Prj-sident Havens offl-cially announced that the stockholders and directors had ap-plied to the Master of the Chancery Court of New Jersey forthe discharge of the Receiver and the restoration to the com-pany of its property. President and Receiver Lathrop said thecompany was solvent, and he was prepared to submit his in-ventory of property to the Court. A committee of five direc-tors was appointed to act with the Master in verifying the in-ventories.

Chicage Portage & Lake Superior.—Mr. E. E. Cable, of theChicago Rock Island & Pacific Railroad, stated on January 31that the transfer of the Portage & Superior Railroad to the St.Paul Omaha & Chicago and the Chicago Rock Island & Pacifiareads had been practically accomplished. The latter roadswere to assume the payment of the men and tettle all indebt-edness. But on Feb. 1 a dhicago press dispatch said : " Thereis no compromise yet between the parties concerned in the St.Paul Omalia & Chicago Railway interests, and the officers an(lstockholders of the Chicago Portage & Superior Railway, inreference to the delivery of the latter property to the recentpurchasers of ^,000,000 of the stock. President Schofleld leftfor New York to consult with the Eastern bond and stockholders."

Denver & Rio Grande.—The President of this railroad hasissued a statement of the approximate business for 1881,December expenses being estimated. This is in advance of theregular annual report, and the substantial parts are as follows:

The gross earnings, $7,896 per mile $6,206,8 1*Operating expenses, 58 per cent 3,600,000

Net earnings, 42 per cent $2,606,813

From this deduct:Interest, 7 per c«nt, on $7,422,500 for 337 milesold lines $519,575

Interest, 7 per cent, on $6,375,000 lor 449 milasnew line 471,450

Interoston coupon certificates 3.09OInterest on fractional bonds 4,094Interest ou rolling stock trusts 180.000Taxes 62,311Insurance 17,666

1,258,188

Balance $1,348,623Less 6 per cent dividend npon $15,235,000 stock 914,100

Surplus for year $134,523

The above balance ($1,348,623) is equivalent to 8'85 per centupon the $15,235,000 stock of the company issued, against theaverage mileage (786 miles) in operation during 1S81. Theactual amount of dividend paid for the year, including divi-

dend payable January 15, 1882, was $1,260,000, which includes$346,000 paid as interest to the snbscribers to the new lines •

before their completion, and charged to the cost of construct-ing said lines.

Total amount of bonds outstanding Doc. 31 , 1 881 $23,067.,')00Totalamount of stocK outstanding Dec. 31, 1881 -4,160,000

To which there will be added the new subscription, broughtout in London, viz.:

stock $5,000,000Bonds l.OOO.OOOAil rolling stuck trust ccrtiUcateii outstanding Dec 31, 1831. 2,750.000

President Palmer estimates that for the present year, 1882,

leaving out the Salt Lake extension and all other new lines,

and basing the estimated resnlta solely on the mileage as it

stood December 31, 1881, and on the average earnings per milerealised in 188;1 (without allowance for development), the f«d-

lowing results are shown :

Estimated gross earnings for year 1882, with presentmilcags, 1,062 miles, at $7,396 70 per mile (being atthe same average rate as for year 1891) $8,386,295 40

Less operating expenses, estimated at 50 per cent 4,193,147 70

Ntt earnings $4,193,147 7»From which dednct:

Interest on $24,067,500 bonds at 7 percent $1,684,725 00

Interest on rolling stock trusts, 7 and 6 percent rr. 200,000 00

Taxes, insurance, etc 175,000 (X)

Total estimated fixed charges against inoonra for

18S2. .$2,059,723

Leaving surplus ;$?,133,423 7»

m THE CHRONICLE. [Vol. XXXIV

Tlie capital gtooS, inoreaged by tbe $5,000,000 London isBuo, will be

$29,160,000.

It is confidently believed, however, that the connections with

the Salt Lake line alone the present year will add 25 per cent

to th« earnings, in which case the balance or sarplas, will net

10 per cent upon the |29,160,000 of capital stock. The com-

pany is now operating 1,062 miles of road, reaching not only

Leadville, but Durango in the San Juan country, Gunnison

City, Crested Batte, Redcliffe, Kokomo, Silver Cliflf, and nearly

all the other mining districts of Colorado. As the road occu-

pies the Arkansas canyon, and most of the other gorges and

passes practicable for railroad lines in that portion of the RockyMountains, it offers the most serious obstacle to any attempt at

competition, and the value of its routes and franchises goes on

increasing.

Denver & Rio Graiido Western.—A circular has been issued

by Mr. W. J. Palmer, President, in which he says : "The com-

pany has been successful in securing on favorable terms the

right of way for its line to connect Salt Lake City with the

Denver & Rio Q-rande system, through the Mormon villages

and agricultural districts of the great basin of Utah, together

with sixty acres of well-chosen depot grounds in Salt LakeCity; ani grading.has been completed to a point in the GrandBiver Valley distant only thirty miles from the Colorado bor-

der, except north of Provo, where $4,000 will cover the cost offinishing the work, and at two points east of the WasatchBange, where the topography of the country rendered pro-gress slow. The track-laying Las been commenced, and thecompany now owns or controls over 100 miles of finished road in

Utah. All rails and fastenings necessary for the entire line

from the Colorado border to Salt Lake City have been boughtand paid for. Of these, sufficient to lay 120 miles of track basbeen delivered and is now on hand, chiefly in Salt Lake and Provo,together with some other necessary material, ties, etc."* * *

"A traffic contract has been made between this company andthe Denver & Rio Grande Railway Company, whereby the lat-

ter has agreed to guarantee the payment of the principal andinterest of the 6 per cent first mortgage bonds of this com-pany, up to f7,500,000 (to be issued to an extent not exceeding?16,000 average per mile), in consideration of acquiring val-uable trackage and other rights which tie the two companiestogether in a mutually advantageous alliance."

Fitchbarg Railroad.—At the annual meeting of stockhold-ers it was voted that the directors be authorized to issue addi-tional twenty-year bonds to the amount of 1500,000, necessaryfor the funding of the floating debt.

Galveston Honstoa & Henderson.—A special dispatch tothe Qlobe-Bemocrat from Galveston, Texa.s, January 28, said :

" After three or four daily adjournments, the stockholders ofthe GalveRton Houston & Henderson Railroad held their annualmeeting yesterday. The following gentlemen were electeddirectors for the ensuing year : W. H. Harding, Allen McCoy,J. H. Hntchings, J. A. Baker, B. A. Botts, H Andrews, R. S.Uavs, H. M. Hoxie and John C. Brown. This board then metand elected W. H. Harding, President ; Allen McCoy, Vice-President, and Chas. G. Clifford, Secretary and Treasurer ofthe company. In an interview with President Harding hestated that nothing looking to the extension of the MissouriPseific to a connection with the Galveston Houston & Hender-son was discussed in the meeting, or any proposition to co-operate with the Houston & Texas Central, by the extension ofthe lines or trains of that company to Galveston. He furtherstated that they did nothing beyond the election of directorsand oflicers except ratify the Gould-Huntington contract in sofar as it related to the Galveston Houston & Henderson Road,which became a party to the contract and had to ratify it, as ithad ao interest to the extent of its pro rata of business, and theaction of the company became necessary thereto. PresidentiUrdmgconld not state whether any steps would be taken tomerge the stocks or replace them with new or other stocks, butthought that matters would remain in utatu gtio until a suitnow pending against the trustees of the road in the UnitedStates (circuit Court was decided. This will not come up for aaeanrg before the May term of court."

Kentncky Ccntral.-The following is a summary of the

S^Dei? 31,1mi!^•'°'^=^y ^*°^«'' ^^"'«'id fo' the year end-

OrosB oamlngs a™/,. ,„„opfcpaung«apcj)69»....:;.::::::;:::::::;::;;:::;::::-.";-_-;:-;;;*7g5.i|7

Netesmlngg...Coopon Interest...Keutal to M. & L.

. $314,172_ ..$70,875aaxMlor IBS) ,... _ 17,732-116,607

Het prdfitgBalance to cr(;itifprbidt"audVoBV.V.\V.V.V.y.:i".'.".;'."".".".::'.;:;

ifo',w2l

Total T'

Profit and lo88 $218,78097,137

To provide funds for the extension, for rebuildinir the rna/l

"tedfuTblS"** '"' retiring the preferndsTolanV toe

o?|30wi) per ^r« Mil consolidated mortgage for |ti.600,000,

wr centbondB a; ^^^1 °'^^^' î^^riog tlât amount of 6

fZTd}XtlA^^T^'t\l'^ offered the stockholders of

Wêent • L qVÂ' '^"'*' to their respective holdings, at 66 2-3per cent, f4,834,000 were sold n this way for «2 880 H'Vr Thi,

"r°tKnds-'%V°'"'' "^

'"=«'?f^ ^y th« companffdelive,;'

Uke uXe $1 In ^'?f'o^,l,""l-"\*2,266,(K)0 with which to

ifoMl eqa'pmen°^ ''^^^^"S bonds and provide addi-

Lake Erie & Western.—Judge Dmmmond was engaged yes-terday at Chicago in hearing the case of Rosenkrans against theLake Erie & Western Railway Company, on demurrer to the bill.

The holders of Income bonds of the Lafayette Bloomington &Muncie Railway Company, which bonds are entitled to a con-version into the stock of that company, seek to have their

bonds converted into the stock of the consolidated company

—

the Lake Erie & Western—at the same rate, namely, fourshares for one, at which the original Lafayette Bloomington &Muncie stockholders exchange their stock. The question ofthe validity of the issue of this stock, as being " watered "

stock and contrary to the constitutional provisions of the Stateof Illinois, is also being considered. The total issue of incomebonds is $1,000,000, of which about $400,000 is understood to beinterested in this suit. Messrs. Judd and Whitehouse, and theHon. C. B. Lawrence of Chicago, and Messrs. Foster andThompson of New York, appear for the complainants. Messrs.Harrison Hines and Miller of Indianapolis, and the Hon. R. P.Ranney of Cleveland, appear for the railroad companies.

—

Chicago Times, 26t?i.

Lehigh & Hudson-Warwick Valley.—The consolidationof the Lehigh & Hudson and the Warwick Valley railroadshas been made, and the consolidated railroad will be known asthe Lehigh & Hudson, and is considered an important link toconnect the Lehigh Valley with Boston. The new board ofdirectors chosen number thirteen, as follows : Messrs. GrinnellBurt, President of the Warwick Valley ; George R. Blanchard,D. B. Halstead, ex-Senator Thomas "C. Piatt, W. C. Sheldon.John S. Martin, John H. Seed, Garrett A. Hobart, F. A. Potts,Richard Wisner, George W. Sanford, Charles Scranton andJames B. Titman. At a subsequent meeting of the directorsthe following were elected officers of the new company : Grin-nell Burt, President ; George R. Blanchard, Vice-President

;

D. B. Halstead, Treasurer; and Thomas P. Fowler, Secretary.The Warwick Valley Line extended from Graycourt on theNew York Lake Erie & Western, to McAfee, Sussex County,N. J., and the Lehigh & Hudson from the latter Point to Bel-videre, on the Delaware River. The whole line, which will beentirely completed in spring so that trains can run over ite

length, will be 63 miles long.

Long Island Railroad.—This company, which had greatlife and financial strength, brought to it by the Corbin adminis-tration, is now able to oft'er a five per cent gold bond. Thefollowing statement of its financial condition is made :

" For the purpose of reorganizing its bonded debt, reducinginterest charges, acquiring additional terminal facilities, im-proving and extending the road and its branches and leasedlines, and the purchase of additional rolling stock, the companyhas prepared for issue a new first consolidated mortgage bond,having fifty years to run, with interest at five per cent perannum, payable quarterly, in January, April, July and October,secured by a consolidated mortgage covering the entire propertyof the company, whether jiow owned or hereafter to be acquired,including all real estate, its valuable terminal properties, andall rights in its branch and leased lines. The issue of thesebonds is limited by the terms of the mortgage to $5,000,000, ofwhich there will be deposited in trust for the payment of unma-tured prior liens the amount of $1,700,000, which amount will

,

be speedily reduced by purchase and by conversions ; when .it

these old bonds secured on parts of the road shall all have >

matured or been converted, the proposed new issue will be theonly lien upon any part of the property. Of this issue therewill be available in the hands of the company for the purposesabove mentioned, ^3,300,000, of which it is proposed to i.ssue atpresent |2,500,000, the proceeds to be used for the followingpurposes

:

Pui-cli.iSB or exchange (.already arranged for) of old LongIsland seconds 78, not included in the amount abovereserved $737,000

Paroliaso or exchange of Smithtowu ^ Port Jefferson bonds7 per cent 600,000

New York & Kooltaway, 7 per cent 250,000Payment of real estate moitgages, and for additional realestate 130,000

Six now cuglnes 90,000Twenty new passenger coaolics 100,00010,000 tons now steel rails and fastenings, less old material. 573,000

$2,500,000" It is not proposed to issue the remaining $800,000 of these

bonds until the acquisition of branch lines or of additionalequipment shall be necessary.

" Under the present management, which took possession ofthe property January 1, 1881, the company has paid off andretired over $2,000,000 of interest-bearing indebtedness, andfunded over $1,000,000 of bonds bearing 7 per cent interest into

the new 5 per cent loan ; it has absorbed several of its leasedlines and secured large interests in others ; it has purchased alarge and valuable dock property at Long Island City, hithertoleased under heavy rentals, and added to its terminal propertyin Brooklyn by purchase, and to the depot property at otherglints. Handsome new station houses have been built at Islip,

abylon and Far Rookaway. Nearly every station and plat-form on the entire line has been rebuilt or renewed. Overthirty bridges have been rebuilt. Upwards of thirty miles ofiron rails have been replaced with new steel. The MontaukDivision has been extended fifteen miles to connect with themain line. During the entire year the shops of the companyhave been crowded to their utmost capacity in rebuilding andrenewing the motive power and equipment.

" The negotiation of the portion of the new issue of five percent bonds above mentioned will enable the directors to carry

Fkbbuabt 4, 1883.1 THE CHRONICLE. 147

ont their parposes. leaTlnp the property entirely free from

floating indebtedness, with the following rate of interest

chargeH:

Intero«»on$1.4nO.OOOflr»t«7« "?i'iLRP,Interutt on ^sno.tMM) hocoikIii 7ii , 'i'S™lut.'rc<«t on $A50<).(K)0 new i5«. •••••• 'S'SSsInUrost ou $1,000,000 Brooklyn AMontuuk (guaranteed) 67.500

ToUl .f311,500Wblch U le«» than the oxtromely low rate of $1,000 per mile.

" The following iH a statement of the earnings and expenses

for the past five years, ending respeotively September 30:

liri' /i"r73,l"8 ?1,060,477 $412,701

IBtI :.. 1497,914 1.000,019 497.8901879".".'. I.ai7,»(50 1.279,591 " '"

1880 .".. 1.811848 1.365.850

1881...... 1.947,378 1,363,278(081.)

incluxtre.

338.359445.093584,100

OCTOBBB 1 TO UEOKMBIB 31

IBRO $378,293.'S5

Jgl" 439.302 09

Inoreaae $61,009 14

SabMriptions at par for a limited amount of the new isane

of five per cent bonds of the Long Island Railroad Companywill be received by the Corbin Banking Company, No. 115

Broadway, New York, and No. 43 Milk Street, Boston; JamesG. liiDfj'H Sons,' Nos. 51 and 53 William Street, New York; Max-well & Graves, No. 74 Broadway, New York.

Lonigiana Bonds.—At New Orleans, Feb. 1, three bids werereceived to sell the State $6(X),000 worth of four per cent bonds,

the lowest being that of the First National Bank of New York,118-58. The bids were all rejected. An injunction against

the proposed purchase will be heard in a few days.

Memphis City Debt.—At Memphis, Tenn., Jan. 27, the

United States Circuit Court rendered a decision in the matter

of liUcinda Watt against the justices oi Lauderdale County,

Judge Shelby Hammond delivering the opinion. The plaintiflf

recovered a judgment for $28,000 on bonds issued on and of the

old Memphis & Padncah Railroad, which was affirmed by the

Supreme Court of the United States. A peremptory man-damus was issued rec[uiring the County Court to levy a tax to

pay it, and the justices all resigned to evade obeyance to the

writ. Judge Hammond decides that under the Constituticn

no officer in Tennessee can abandon his office until his suc-

oeesor is qualified. The court withholds its sentence of a fine

to the full amount of the judgment, distributed according to

ability to pay, among twenty-three resigning justices, andorders a mandamus to levy a tax in April next, the regular an-

nual levy.

Mexican Central.—Reports dated Jan. 21 are that the

Mexican Central is built fifty-one ntiles south from Paso del

Norte, and is progressing at the rate of a mile and a half of

completed road daily. By the located line the distance fromthe pass to the city of Chihuahua, the capital of the State, is

223 miles. From the City of Mexico nortli, 118?6 miles of the

road is already in operation, and the end of the track is fifteen

miles farther on. The la-st official report from the Sonora road,

dated Jan. 13, is that the track had been laid twenty-three

miles north of Hermosillo towards the boundary line, and that

a mile and a half a day of completed road is building. Theend of the track was, at that date, 113 miles from Guaymas,and traffic on the portion of the road from Guaymas to Her-mosillo, which is now in operation, is large and steadily increas-

ing.

—

Boston A dvertiser.

N. Y. Chicago & St. Louis.-The first annual meeting of the

stockholders of the New York Chicago & St. Louis RailwayCompany was held at Cleveland, Jan, 31. Neither President

Cummings of Chicago, nor Secretary Mitchell of New York,vas present. Caniel P. Eells, of Cleveland, presided, and cast,

mostly as proxy, nearly all the votes of the 350,000 shares rep-

resented. The following directors were unaciraously elected :

C. B. Cnmmings, C. S. Brice, Samuel Thomas, Daniel P. Eells,

Gov. Charles Foster, G. I. Seney, J. T. Martin, H. R. Lyman,W. H. Brown, W. Flanning, A. White. No report was made.

N. Y. Lake Krle & Western—The directors of the Middle-town & Crawford Railroad have ratified the action of the com-mittee in leasing the road to the Erie Company for 9D yeare.

Erie owns a majority of both the bonds and stock, and guaran-tees 4 per cent on the former and 7 per cent on the latter. Theroad is 10 miles long, and is on the Ime of the proposed routebetween the Pennsylvania coal fields and Pougbkeepsie.—At Philadelphia, Feb. 1, it was said that arrangements had

been consummati'd by Me.s.srs. Blancbard and McCallogh, rep-

resenting the New York Lake Erie & Western and Pennsyl-Tania comoanies, respectively, for the purpose of givinjr thefirst-named road a through and more direct outlet to the West.The route agreed upon will be a great saving of time and dis-

tance. Taking the Atlantic & Great Western Road at Sala-

manca, the Ene business will be sent into Cincinnati from the

connection at Springfield with the Xenia & Soringfield, which is

a part of the Little Miami Line, operated by the PennsylvaniaCompany. The through Western traffic will be shipped overthe Columbas Chicago & Indiana Central from Urbana, Ohio,after reaching Indianapolis, by the Pittsburg Cincinnati & St.

Louis.

Ohio Central.—The Ohio Central and the Atlantic & North-western (of Virginia) railways have been consolidated, with acapital stock of f8S,CO0,OOU, for the purpose of forming opeeontinuoua line from Toledo to the east Une of West Virginia.

The name of the contolidated railroad will be the Ohio Ceii'

tral Railroad Company, and the flret board of dirxoton ood-sistR of William II. Bamnro, Connecticut) Calvin B. Brioe, ofLima, Ohio; Daniel P. ExIh, Cleveland; Fraoeis O. French, HewYork; Thomaa Kwing, Lancaster; Joseph H. Gray, BoetontJoseph 8. Miller, \Vhfcling; Henry C. Parson, Richmond;George I. Seney. Brooklyn; Baraael Shethar, New York; Oeo.F. Stone, New York; Samuel V. Thomas, Colnmbns, andCharles E. Wortham, llichmund.

rnlnesYille & Yonngstown.—ThLt oompanjr made default in

interest January I, and several suits have been begun against it.

On application of the President of the company, the Court ofCommon Pleas of Lake County, Ohio, last week api>ointed Mr.R. K. Page, Receiver.

Pullman Palace Car Co.—At Chicago, Feb. leth, stock-holders of the Pullman Palace Car Company resolved to in-

crease the capital stock of the company by the issue of newstock to the extent of f2,C38,600, being 25 per cent of the entire

capital stock. Payment of 50 per cent is to be made on or be-

fore March 1, and the remainder on or before May 2, 1882.

St. Louis & San Franolsoo.—Messrs. Walter S. Frost, AldenSpeare, Francis B. Hayes and Azias Bailey, directors of theSt. Louis & San Francisco Railroad Company, resigned last

week, and Messrs. Jay Gould, Russell Sage, C. P. Huntingtonand Leland Stanford were elected to fill their places.

Savannah Florida & Western.—The Savannah News says :

" The Savannah, Florida & Western Railway Company i« nowprosecuting the work of two important extensions on its linee,

which, when completed, some time during the present year,

will greatly increase the business of the company, and con-

tribute immensely to the development of Southern Georgia andFlorida. One of these extensions is from Live Oak, Florida, to

Rowland's Bluff on the Suwannee River, pointing in the direc-

tion of Tampa Bay, and crossing, or connecting by rail withCedar Keys on the route, thus opening up a very large andvaluable section of the State now practically without communi-cation with the corameroial world. The other is an extension

of the road from Bainbridge to Chattahooche, on the Apalachi-

cola River, where it will connect with the Pensacola & Atlantic

Railroad—now in course of construction—and complete a con-

tinuous line of railway from Savannah to Pensacola, Mobile,

New Orleans and (Jalveston."

Texas & St Louis—Cairo & St. Louis.—Negotiations are

still pending between II. W. Smithers, Receiver of the Cairo &St. Louis Road, and J. W. Paramore, of the Texas & St. Louis

Road, regarding the purchase of the first-named roAd by the

latter company. A lease will be drawn up by Mr. Smithers andpresented to Colonel Paramore, which, if the latter accepta the

conditions and signs the necessary documents, will put the roadinto his hands and conclusively under his management onMarch 1. In the meantime the Cairo & St. Louis Railroad Com-pany will operate it. It Colonel Paramore does not desire to

lease the road under the conditions offered by Mr. Smithers, acompany has been formed under the name of the St. Louis Se

Cairo Railroad Company, of which Mr. W. F. Whitehonse, ef

Chicago, is the President, which will buy the road and operate

it. In the latter case, Mr. Smithers, as Receiver, will deedthe road to the purchasing trustees, and they in turn will

turn the property over to the newly-formed railroad company,

who will run it in about the same way and by the same policy

in which it has been done by the receivers, and which has

resulted in great benefit to the road. It is very probable that,

no matter into whose hands it falls, there will be no change in

th» working management or officials of the road as at present.

—St. Louis Railway Register.

Trunk Line Rates.-At a meeting of representatives of the

trunk line railroads Wednesday, it was agreed to advance pas-

senger rates on next Monday. Commissioner Fink made public

the following resolution, which was passed:

Resolved, TUat the flr-<t anrt aecond-olasa passeDcer rates both east andwest bound shall 1)« restored to the foUowlnp basis on February 6, 1882:

Chleaao and Now York, limited, $J(i : unllniltcd. S-.'3 25 : except by the

Pennsylvania and Baltimore i Ohio, which shall bel?2ti50; seoond-

class by all lines, $17 ; the New England rates to be made ou the basis

of S22 limited, from fhlea«o to Boston via all routes orossinK tho Hud-son Rivcrnorth of New York Ctly. New England rates through NowYork City shall bo made by adding to tho New York rates as above, the

local rates east of New York by the route of the ticket, together with 57cents transfer In all cases.

Washington & Ohio.—The sale of this road in foreclosure

took place at Alexandria, Va.. on Jan. 31. This is a line of

railway, 53J^ miles, from Alexandria, through Alexandria,

Loudon and Fairfax counties, to Round Hill, Lmdon 'Jounty,

Va., with a connection with the Alexandria & Wa-hington Rail-

road half a mile from Alexandria, with depot buildings, loco-

motives, cars, &c. The sale was made to Mr. C. G. Lee for

1592,900, and it was said that the purchase was made for the

Baltimore Cincinnati & Western Railroad Company, K. A. Uayt,

President. Mr Hayt represents the Baltimore Cincinnati SWestern Railroad, which was intended to parallel the Balti-

more & Ohio, and on which an *18,000,000 mortgage was ashort time since recorded at Cincinnati and other points.

Wisconsin Central—Milwankco k Northern.-The trua-

teea of the Wisconsin Central Uoad have given noiien to the

officers of the Milwaukee & Northern B<jad that they desire to

avail Ihetnseives of their right to annul the lease of ibe laUer**

road, and requested them to be prepared tjo take their pr^rtyin six months. Tho reason for this is that the terma.of ui«

present lease are not Batisfaotory.

148 THE CHRONICLE. [Vol. XXXIT.

3?Ixe (ômmcvcM ginxjes.

COMMERCIAL EPITOME.Fkidat Nioht, February 3, 1882.

The failure of the Catholic Bank in Paris, Icabled on Monday.

gave a severe check to speculation in our markets, causing a

decline In values vfhicB has not yet been fully recovered. We

have had seasonable vireather throughout the country, and the

floods, which have done some damage in the Southvfest, are

abating. The general conditions of business are favorable.

Our streets are filled with snow, and some ice has appeared in

the harbor.

The following Is a statement of the stocks of leading articles

of domestic and foreign merchandise at dates given

:

Pqj.^ Tjbla.

Beef tc8. and bbls.

Lard -tcs.

Tobacco, foreign bales.

Tobacco, domestic liutls.

Coffee, Rio bags.

Coffee, otlicr bags.

Ooffoe, Java, Ac mat*.

Sugar liMs.

giiear boxes.

Sugar bags,&c.Melado bhds.

Molasses, foreign liuds.

Molasses, domestic bbls.

Hides No-

Cotton bales.

Hosln bbls

Spirits turpentine bbls.

Tar bbls.

Kice, E. I bags.

Rice, domestlo bbls. and tcs.

Linseed bags.

Baltpeti-e bags.

Jute bales

Jute brtU bales.

Kanilahemp bales,

1882.Jail. 1.

54,226H.924

77,21933,43243,457

111,78832,ooa

130,66024,3677,714

325,00041

1,7211.500

396,400262,01326,3353,868903

13,9401,560

61,50011,0002,600

23,4006.050

1882.Feb. 1.

1881.Feb. 1.

70,0.=>8 41,2663.970 2,839

84,103 51.29424,018 21,57740,871 48,33171,848 69,80143,478 75,600

165,476 173,85214,023 21,3837,H41 6,9 il

850,325 954,58141 1,247150 271

4,000 3,000851,000 218,390330,825 183,39226,210 71,7484,169 3.8911,010 2,141

14,360 8.6502.320 2.99559,500 63,47412,000 7.0002,000 3,200

26,700 44..5O05.350 2.000

The market for provisions has been variable, but closed

strong, as the statistical po.sition is regarded as a good one, the

reduced production and large home consumption more thancompensatiDg for the reduced export. To-day pork was dull;

for new mess $18 05 bid and :?18 50 asked for March delivery.

Bacon and cutmeats in fair demand. Lard was firmer at H'4t'@11 •4236c. for prime Western on the spot. Il'50@ir52>6e. for

March, lie2^@ll d5c. for April and ll-72>6@ll-75c. for May.Beef and beef hams quiet. Tallow is firmer at 8}^@S%a.Butter is dearer for choice, but cheese remains dull.

Rio C'jffee has been more steady latterly at 9?6e. for fair, witha rather better dtmand; mild grades have sold fairly at steadyprices. Rice has been steady bat not active. New Orleansmolasses has been moderately active and steady; foreign hasbeen rather quiet at 33@34c. for 50-degrees test refining. Teahas brought steady prices at auction with the exoeption ofOolong, which has declined. Spices have been dull and nearlynominal. Foreign fruits generally rather quiet, but Turkishprunes have been active and firm. Raw sugar has sold fairly at

a decline to 6%c. for fair refluin'^ and VMc for S6-degrees test

centrifugal; refined has declined, with a moderate trade

;

crushed closes at lOJi^c. and granulated at 9 S-ltic.

Kentucky tobacco has been dull ; sales for the week are only150 hhds. at 6)i@lMe. for lugs and 7^@12>6c. for leaf. Thebusiness in seed leaf tobacco has been much less active, andsales for the week are only 1,100 cases, as follows : 450 cases1880 crop. Pennsylvania fillers, 6@7c.; assorted, 10@lSe , andwrappers, 19@31c.; 150 cases 1880 crop. New England wrap-pers, 18@45c.; 400 ca-ses 1880 crop, Ohio fillers, 4c., and assortedlots, 6ê; and 100 cases sundries, 3>6@18c. Of Spanishtobacco sales are : 300 bales Havana, sound, 88e.@$l 20 ; 600bales Havana, at auction, 40@S0c., and 1,400 bales Havana,damaged, at private terms.Ingot copper has been dull and weak at 20c. for Lake Su-

perior. Lead has sold more freely at $5@3 15. Spelter hasbeen quiet but steady at 5M®5%c. Pig iron has been quiet,but very firm. American steel rails have sold more freely,about 25,000 tons selling at $55 at the mills and $61 75 for 40-pound at tidewater. Pig tin has been dull and depressed at3436c. for straits, and plates have sympathized withoutchanging matetially in price.

Strained rosin has been dull and lower at $2 30@$2 35.Spirits turpentine is lower at 54 36@35c. Hides have been steadybut rather quiet. Leather has bên quiet but about steady.Clover seed U in fair demand and steady at 8M@S%c. forWestern and 8J6@9>6c. for Cannda. Lard oil. after au advance,re-acted to 90o. Linseed oil ha.s declined to 60c. for Americanseed. Hops have been fairly active and steady. Manilatemp has been more active at a decline to 10%c. on the spotand 10>6c. to arrive. Refined petroleum has been dull at lastweek 8 prices, the high rates for oceaa toimage restricting

Ocean freighu have continued dull, and rates have had adownward tendency. Late grain shipments are at 5Md. toIîidon, 3%d.©4d. to Liverpool, 4d. to 'rrne Dock, 4d. to L«ith,

5k! J." /î®''''""d Hambuig 70 p(.; cheese to Liverpool

2^^ and to Gla-gow 278. 6d.; refined petroleuim in bbU., 38.4^d. to Liverpool and London, 3s. 6d to Antwerp and Bremen,42e, for easeflto Shanghai and 3lc. to Singapore.

COTTON.Friday. P. M., February 3. 1882.

The Movkmbht of the Crop, as indicated by our telegrams

from the South to-night, is given below. For the week endingthis evening (Feb. 3). the total receipts have reached 95,057

bales, against 92,081 bales last week, 99,990 bales the previous

week and 114,868 bales three weeks since; making the total

receipts since the 1st of September, 1881, 3,787,538 bales, against

4 116,544 bales for the same period of 1880-81, showing a decrease

since September 1, 1881, of 329,006 bales.

Reeeiptt at—

GalvestonIndiauola, &c.

New Orleans...

Mobile

Florida

SavannahBrimsw'k, &c.

CJiarlestou

Pt. Royal, &c.

WilmingtonMoreh'd C.,&c

Norfolk

City Point,Ac.

New YorkBostonBaltimore

Philadelp'a, &o.

Totals this week

Sat.

1,161

3,771

1.226

1,578

1,266

622

2,376

775393

33

13,203

Uon.

4,191

6,172

1,463

1.615

1,632

415

3,426

1,182

212

307

20,675

Tues.

1,444

2,713

5101,375

1,837

1,337

495408

3,046

1,184

456

385

15.190

Wed.

1,012

4,554363

1,400

901

459

2,021

1,170

383

239

12.592

Thurs.

1,870

538561

1,437

466

2,707

1,316

306

60

11,049

Fri.

1,562

1547,351

8492,290

2,254

1.3,S1

482505178

2,339

1,67946549:

51

313

22,348

Total.

11,270154

25,0994,972

3,66510,562

7,954

4822,992586

15,915

1,679

; 6,0922,244

541,337

95,057

For comparison, we give the foUowmg table showing the week'stotal receipts, the total since Sept. 1, 1881. and the stocks to-night

and the same items for the corresponding periods of last year.

Beetipts to

February 3.

Galveston

Indianola, &oNew Orleans

Mobile

Florida

SavannahBrunswick, &c.

Charleston

Port Royal, <fec.

WilmingtonM'head City,&c

Norfolk

City Point, &ciNew YorkBostonBaltimore

Philadelphia, &c

Total

1881-82.

This

Week.

11,270154

25,099

4,972

3,665

10,562

7,9o4

4822,992

58615,915

1,679

0.092

2,244

54

1,337

95,057

Since Sep.

1, 1881.

351,523

12,740

997,270216,22824,513

626,238

6,824

423,31

19,403

118.813

19,877

477,43'J

160,024

120,687

147,318

17,534

45,739

3,787.538

3880-81.

ThUWeek.

20,150410

56,240

9,722

7117,812

5012,420

124

2,208

191

11,477

1,7936,98'

5.370

8781,220

147.129

Siiice Sep.

1, 1880.

472,54512,872

1,012.110

296,08818,808

700,7344,326

503,75838,621

102,606

24,651

546,635162,475

83,133

92,595

18,368

20,121

4.116,544

Sloek.

1882.

90,265

368,917

40,520

1,939

83,038

73,357

2,908

8,154

49,851

339,12110,033

38,60015,340

1881.

90,692

263,89650,1835,086

89,50S

69,992:

1,811

7,81 a

24,14»

187,972:

7,9851.5,887

17,83T

838,811* 1,123,143.t 50,185 b.nles added as correction ef receipts since September 1.

la order that comparison may be made with other years, wegive below the totals at leading potts tor six seasons.

Receipts at— 1882. 1881. 1880. 1879. 1878. 1877.

Galvest'u.&c. 11,424 20,560 7,.322 18,112 11,475 13,42«:New Orleans. 25,099 36,240 42,593 74,736 53,359 63,&8(>Mobile 4,972 9,722 8,835 16,326 15,852 11,892Savannah 10.562 17,812 13,574 13,355 12.307 8,477Caiarr8t'n,<fec 8,430 12,550 7,099 13,049 11,434 7,651WUm'gt'n, &o 3,578 2,399 1,622 3,912 2,554 3,308Norfolk, Ac. 17,594 13,270 12,039 14,254 10,436 17,74*All others 13,392 14,576 17,079 17,834 14,721 13,563

Tot.thUw'k. 95,057 147,129 112,303 171,003 137,138 140,006

Since Sept 1. 3787,338 4110.341 3863.064 3441,348 3254,879 3287,204Galvettan includes Iniliaucila; Charleston luclurtos Pure Royal, &c^

WlliiJegton Includes Morehead City. &o.; Norfolk includes City Point. &oThe exports for the week ending this evening reach a total

of 85,253 bales, of which 69,353 were to Great Britain, 3,542 U>France and 12,358 to rest of the Continent, while the stocks aamade up this evening are now 1,123,143 bales. Below are theexports for the week and since September 1. 1881.

Weeli BndUtfi i'eb. 3. From Sept. 1, 1881, to Feb. 3, 1882 .

EvporttExported to— Exported to—

Great Conti- Total Great Cjntt-IbtaJ.

Brlfn. France nent. Week. BHtain.

06,770

France

Is.rr.

nent.

42,844Galveston e.ita 727 7.1i»B 163,40»

New Orleans.

.

24,238 3,016 6,203 33460 833,010 170,480 143,414 645,064

Mobile .• *.. .;,... 15,090 6,313 1,131 22,540

Florida 3,900 3,900

Savannah 9,030 1,743 10,773 110,(553 15,430 139,352 2C6.40S

CharlestOD"... 6,082 l,tl7 7,190 1 18.292 18.287 00.225 226,804

Wilmington... 1,107 1.107 46,940 1,430 8.810 57, ISONorfolli 2,241 2,241 209,745 2,530 15,810 228,185

Now York 11.084 683 1,411 12,988 193.501 16,885 38,294 246,480

Boston 7,183 7,183 m.ftb I 70,657

Baltimore 2,407 50 2,457 40,559 S0.528 6l,08»

PhUadelp'a.&c ego 6J0 2U,S56 200 29,765

Total e«,853 8,S43 12.858 88,253 1,267,85-, 214.98S 500,616 2,018.289

Total lSSO-81 88.7611 10,S75| 28.811 127.947 1.661.768 33234» 603.788 2,697.81*

'aioiuaw axilOIU^'uaPort K^lal. *«.

FURVAKT 4, I882.J THK CHKONICLK.

In •ddition to abore exports, nar tt<Iegr»m.s to-ni/(ht &1.<k> gijo

MM the foUowiiv; araoantM of cotton on ghipboard, not cleared, at

the porta named. We add Himilar flxures for New York, which

«re prepared for oar npecial use by Heasra. Carey, Yale &

Lambert. CO Bearer Street.

On SMpboanI, not cleared—/orLeavinaSlock.F«B. 3, AT— Ortat

Britnln.Franee.

Olharnreifn

Ooatt-VfiM.

Tot€U.

•TewOrleanaMobllr(niArlcHlonBavaiinnhSttlvexUinHew YorkOther pons

30.«1310.0004.4M2.000

17.4163,3002,800

2.4SONone.None.Nonp.None.250

None.

17.8482.0003.7182.100

S0.327350

1.300

831None.8'0

4.200None.None.1,000

51.772li:.9l)0

8.077P,200

37.7434.1005,100

129,792"

317,17527,620C4,H8074,48862.522

835.0211V!2.145

ToUkl 78,588 2.730 47.643 0.831 993,351

The speculation in cotton for fatare delivery opened qnite

stronfc on Satarday last, and the close that evening was decidedly

buoyant; bnt the flnaccial tronblea on Monday cansed a depres-

sion, under which valaes receded 17^20 points. This was fol-

lowed by some recovery on Tuesday, to be succeeded by renewed

weakness on Wednesday and an advance on Thursday. The

market to-day w a.s quite variable, closing slightly lower. The

depression following that caused by the Paris advices was gener-

ally attributed to the large stocks and the growing necessity of

reducing them. Cotton on the spot has been nominally un-

changed, closing quiet at 12«. for middling uplands.

The total sales for forward delivery for the week are 734,600

bales. For immediate delivery the total sales foot np this week

3,666 bales, including 362 for export, 2,169 for consumption

1,135 for speculation and • in transit. Of the above,— bales

were to arrive. The following are the official quotations aod

•ales for 3ach day of the past week.

Jan. 23 toFeb. 3

Ordln'y.l^BiStrict Ord.Good Onl.8tr. O'd OrdLow Mi<M'gBtr.I/w MiaMiddling...Oood Mid..Btr.O'dMidUldd'g FuirFair

UPLANDS.

Sat. niou Toes

s9*16 05O^S 9VICllig'lOliim 111%ii»,g ii«,,.lliiie^lliA,,12123812=8131«13''8

12123812»»la^13'a

9'e1011i«ii>e

ll'»i61212%12"8I3I9

13's

NEW ORLEANS.

Sat. Hon Tnes

lo>ei"i»i«!U3e

j

11U„;12iia I

121412»812'813 >8

1418

99l810>8lOiSieuê

1211,12"4129812'81338U>8

99l«10^8I01»161138lllaifl12l,«I2I412»81278133814»3

TEXAS.Sat. non. Tneii

9«ie10 1810K161138Il"3j8I2I1,12>4120HI 278l:s38

99i6

lOiîa1138lli-'i«

12:1,121412»812-8133gI4I8

9»i«10^8IOI61611381113,812"l61214120812781338I4I8

Wed Tk. Fri. Wed Th. Prl. Wed Til. I Prt

Ordln'y.V* O'uStrict Ord.. U'sGood Ord..!loiii,Str.O'dOrd H»8Low Mldd'K I iu,,i

Btr.L-w.VIid ll'Si,Mlddliiii;...ll2Good -Mid. 12=*Btr. G'd .Mid r. .Sg

Midd'xFuii i:<i8

Fair llS's

95:s

ion,. 1011,811I8

ir-',« iii»,«ll"3i«Hl',812r;3812<>8

13%13'8

li112381208IS-a11378

9»„10>8

11!%ll'-'l,

121,

«

12«412«812 '81338I4I8

9»,fllOielllI6,g

1118Ui»„12112.4IVOg

12%13«8Uie

16I

0»„1018llllO,,!

1138Ui:<in121,.121412081278133gUie

10%10is,„li38lll-'l«

12118l'Jl4

12081278l:)38

14%

9»1810%

11%IllSlB12l|„

12%IJ»91278i.'i%I4I0

9»,e10%101^91138lliîe12ii«12%1208127ft13%U%

STACKED Sat.

Oood Ordiiiiiry )) lb 87^Btrioi Uo-mI Urdluury O'gLow MIddliUK Uo»i«MlddllHK H»ig

noB Tnen Wrd Th.

8 'a97510»„11».8

878078

I0»,g118 g

978I0»|„ll»l«

«<78

it's

1>»1«ll»,«

Vrt.

»78l<i''i»

11»J8

MARKET AND 8AL8S

SPOT HAUKBTCLoSfcU.

S4LK8 OF HI'OT AND TKilNHI r rOTUKKR

Xx- Oon-port. tump. ul-en tU. Total 8<ileM

UtIiTerteji

Bat .'FirmerMon QuietTue« l<ull

Wed Dull nudeiisy ...

Thura QuietFri . (juiei and Hteudy

12

350

10.>

22039.^

40S••77

765

660147123

867;*7t»

."52:1

408377

1,115

3.066

8-.7<»0

13.-.>'00

I64.50II10tl,KNI77.3.K)

300.VM)401140O60070i'

Total'.... 362 2.169 1.139 .... 734,IHK> 290.

THo Inl/l uir,<nn îvri 1 tn >/<> «r.< *u(a>ilv ddilV4 0I <,a-i A*^ v--TloON u\ tiii' oil it \\a I cl\.*/ r.^ r«o.>rte<l,

Th« aiLsa Aim Pbicks of Fittorbb are shown by the follow-

ing ocmiimheni^'M table. In thLs statement will b« tVand tb«

daily market, the prices of sales for each month each day, anf

Ike olooinK bids, in addition to the daily acd total aalrn.

I

IF WmWfir ij

IBm: s.: i

PI MMME.--X:— Bm*8» SZcâ "S^S,rw£a PusS fSi§ fiSsS

O-iwo

n^% o iM i

r 0>

14

I I

I I

!•:

I I:

I I

!•:

I I:

I •.-

1^1

woI w

sirs-J 01

Ki-otoi-CmI e-

<0«fetOMI*.-

6c S S|S

I«.-MMqqtotoS64*Ma

I «CB

10 to

I ® « I S;"

totaj

ri»AI ».*

toioo

oco>

I ».«

-I-)

10 K}

tOM6-=^M

to to00

KtO

tc-itoI •."

»o»oo

001010**:.

I«ilQO

I ê>00

to to

<?>>-to

1 S."•-•—COto top

»1M

to to

coco00-1*.I »<o

tOlOo

to to

M^-30(0109

(OCO

»0I0^*-oo<.I «<»

to too

to 10

6ui

- — CJre too

Mr^ Mt—

00-I

6 c

(t-

h- *•U- :o

c;tn c

to 14

I«®

to to

roto

to too

•si -J

to to

ODCOuI «.»

lis

MtO

I a.o

to to

662»*

CClOI»."-to

to

1010

-i-itea*..I 6ip

to to

obob

I 8.<1

to to

6-j

I &<»-1

00 to^CQbo aobo

to to

-i-iIk. Ik.

IS.-J

to top*jobopica

I «.«to tooobcbo

to to

Ml-otc too

tcto

«9^rOI010

tOtOo

toOi

to -Jr-

to to

I«M

ICtOo

os:c

to to

cctoCtO

totooCOCjO

wtoobob

to to

(6 JO

I »^ — COto tooc60-ito

to to

cr 6I ft wtt.to

ecu66a*.I»-

««|c6o-too

OtICO

o -o o

coco

66I».'«

--.to

of-"'100

WIO66mooI «.«-•—00coupc6o

10 to

I SOtoco

CO

CO to

66

«o:?>660

to to

66<c-.c

I 9>«-i-afa: (05c6«

COCO

CCCKt ^ «

I'X;

S 9o ; 5

to to

wco(COD

I «

o

to 10

CSCdtcco

I

«

to topCOllÔ

tCit^

I eto- — toto top

(•O

to to

ccco

t£ I

to to

I«-

! Iqo

00 COCCOI 61

tSJ>-i-lcoco

i Sto

*:îe 'rro

*-oI ei- — 00•rroOO-lO

-100OSI a>

trooCI ».-

io

149

^r

^?

w

1^

2CS Oi

'

•-M^ I-I 9

ao3Ci* JO

<-IOI a

-1.4O

•tiicliiili'S Rales m feptemlier. \^n. for 8ept«inl>i>rbrr-OctoluTfor Oclolu-r. 41H.40O: Seiit-nilwr-Niivfi511,200; Septcmt>«r-I)ecciul)er for December, 1,47Doccinlwr, lij82. 2.400.

HI I 000 : Bcptem-tib*ir for Novetul»«r,, tOu ; also tilea for

A rncliides for Decemlwr, 1882, 300 at 11 7.'».

B Includes fori ii'comlier, l><'<2. lOOat 11-63.C: Im iudes for Uix'<.'mlicr. IHH2. liM> »t ll-ijl Bntl 100 nt 1 1-70.D luolu.legfor I)!<!«iiil>er, IS-IJ. I.'.'03i»t 1 1- i5 itad JO J at 11'6S.E Includes for December. 1S82, 200 at 1 1-6&.

Transferable Orders—SatordHy. 12'20<<..; .Monday. I2o.: Tneadar,12 lOc; Wednesday. ll-9jc.; TUursdny. 12-05O.: F fiay. 13'ii.'>«.

Short Votloes for Fobniary-Snturday. 12-H«r.'12; Monday, I2»1206; Tui^dar, 11 92911 Oil; Wednesday, 11-1I0SI2-03: Tbarsdav-ll-94dll 95; Friday, 12.

The followinic exchanges hare been made daring the week:

•02 pd. tr> excb.repilar.

'43 i>d. 10 exehfor .4pril.

.".7 pd. to oroh.1 8 pd. to exrh.•22 pd. to eicb.'41 ikI. tooxcli'20 pd. to excb.

500 Feb. s. n. for

400 Feb. (. n. 1st

700 Mar for June.HKi F. Ii. for Mr.2,(>O0 Mar. fi.rApr.l,4uOMHr. fiirMay.500 Apr. fur May.

'30 pd. to rxrh. 600 Feb. s. n. Mfor MHTrh.

•42 pii. toi'XPh.'41 pd. to exeh.'4.^ (Hi. t4t nxch.'3«) pd. if> rKCli.fur Marrli.

'25 pd. In rxrh. I

-64 pi. tiirxch. 1

"l~ pd. ô oxoh.for Marcli,

1 ..ôo Feb. for Apr.100 Mar. for May.100 Kri>. for Apr.too Feb. s. n. 9a

, KiO Feb. for Mar.,l.'J<»i Krh. for May.

. 100 Feb. . B. 4Ui

8150 THE CHRONICLE. [Vol. XXX IV.

Thx VisiBLB SoPFLT OP CoTTOX, 83 made np b/ cable and

telegraph, ia as follows. The Coatinental stocks aia the flgaws

of last Satorday, but the totals for Great Britain and the afloat

for the Continent are this week's returns, and consequently

booght down to Thursday eTening; hence, to make the totals the

complete figures for to-night (Feb. 3), we add the item of export-

from the United States, including in it the exports of Friday onlv:

1SS2. 1381. ISsO. 1S79.

8tlX)kat Liverpool bale*. 632,000 660.000 499.000 411,000

BtJOk at London 3d,000 43,900 36,508 48.730

Tola! Oreat Britain stock

.

670,000

BtookatUarre 114,000

took at MameUKa .^.^'Otook at Baroolona 40,000took at Haniourtt 22,0008cook at Bremen 40,400Btook at Aiustertlam 12,200took at Rotterdam 516tookat Antwerp 2,000took at otberoontl'ntal pons. 6,820

603.000 635,566 459.730

68.900.•j.SOO

83.7001,500

22.00017,0001,130884

6,000

49,0001,321

19.1331.500

1<),72025.0201.200699

2,748

118,

282

10548

,000

hOO.2505U0750,000,730250500

Total oontinenial porta.... 240,476 156,614 120,263 213.500

Total European stooka.. .. 910.478 700.514India cotton afloat for Europe. 193,000 103,000Amer'noottoa afloat for Eur'pe 473,000 7S'.).000

Bg]rptrBrazU,<fco.,afltforE'r'pe 48,000 38.000took In United States pons ..1,123,143 838.811•took In U.S. Interior ports... 334.363 282.489United ate tee exports to-day.

.

1 7,000 13,000

Total visible supply 3,120,982 2,830.814 2.629,550 2,

Of tbe aoove, Uie totals of Ajnertoan and otber descriptions are as

ATTi^rtcan—Uverpool Rtook 452,000Oontlnental stooka 114,000American afloat for Etirope.... 473.000United Stetee stock 1,123.143United States Interior stocks.. 354.363United States exports to-day.. 17,000

655,83278.324

624.07426.487

07SI.937357.916

7,000

372,000P3,000

624.074979.937357.910

7,000

673,23087,000

647.00025.00C

888.026211,11727,000

,541,393

foliows=

i;92.00ii

159,000647,0110868,026214,11727,000

Total American 2,533,500 2,153,300 2,333,927 2,207,143

Am( Indian.Brazil, <te.—Uverpoolstock 180.000 140,000 127.000 llO.OOf-Londonstook 38,000 43.900 36.566 48.750Oontlnental stocks 126,476 52,014 27.266 54.500tndla afloat for £iirope 195,000 103,000 78,ci24 !?7.000Bgypt, Brazil, &o., afloat 48,000 38,000 26,467 25.000

Total East India, *o 587,476 377.514 295.623 334.250XOtalAmertoan 2,533,506 2,453,800 2,333,927 2,207,143

Total visible snpply 3,120,982 2,830,814 2,629,550 2,541.393Price Mid. Upl., Liverpool.... OOgtl. OSiad. 7'4;i. 5^0.

|3S"The imports into Continental ports this week have been86,800 bales.

The above figures lAdic&te an increase in the cotton in sightto-nightof 290,168 bales as compared with the same date of 1881,an increase of 491,432 bales as compared with the corres-ponding date of 1880 and an increase of 579,589 bales as com-pared with 1879.

At thb Intbeior Ports the movement—that is the receiptsfor the week and since Sept. 1, the shipments for the week, andthe stocks to-night, and the same items for the correspondingperiod of 1880-81—is set out in detail in the following statement:

-J SIMOOMeo-io.-aj*-t-»

pa M w u H-M

u

C0 3t»|OCJOMr^

00 lOCO M

oow3»->wa3

U M •

OSi 00—btaswbiw

aICK—cwowoo

C^ J*^ tO'^Cm^ pt; *^ to rf^;g OC UDO =1 *«> w' '^Z'

2 2; Si;®f 12 't^ *o 3"- »« *-« 03o •""»w *. oOOO »- WOO « 0« Oi toC W 0« 00 CC .»- CO I-

00

n^ j;;^S? ;-s fi's "''^ <iwo» co i* bc'-.a >^

«

:?5

Aa ic A woo*.

Ou3.

a QOilÂ

'2ooS-i.!n2*1^^-0« (O — M :« CS 31 00 cr. to ^ ,*..^ 00

a

is»5-

« >

—I W M

00Iw 1 boV-abibooi

to I pp OBOC^.'UaaDpp <»a,->uaiB.-'MrP>i->ooMooe«-oewt.vjxoo=V.Ci*jr».w<j»V5£rioiiobrt

'Aotoai, t Tills ytftr's figures estimated.

The above totals show that the old ;nt«ricr stook.s have de-creased during the week 10,41.9 half s, and are to-night 71,874bales more than at the same perit d last year. The receipts atthe same towns have been 47,662 bale.i less than the samt- wepfc

la.st year, and since Sept. 1 the receipts at all the towns 107,372bales less tian for the same time in 1880-81.

Beceipts from the Plantations.—The following table is

prepared for the purpose of indicating the actual movement eachweek from the plantations. Receipts at the outports are some-times misleading, as they are made up more largely one yearthan another, at the expense of the interior stocks. We reach,

therefore, a safer conclusion through a comparative statementlike the following. In reply to freqûent inquiries we will addthat these figures, of course, do not include overland receipts orSouthern consumption; they are simply a statement of theweekly movement from the plantations of that part of the cropwhich finally reaches the market through the out-ports.

REOEtPTS FROM PLANTATIONS.

Wak

Nov 18" 25

Doo, 2 ....

" 9" 16" •23

•' 30

Jan. 6•• IS" 20•• 27

Beceipts at Hw Porta.

fl-"80. '80-'81. '8U'i2.

218,108

249. It2

216.167

331,871!

218.937

207.0OI

154,30fl

I49.4St!

129.489

les.aeij

137.191

112,363

856.618

205,1112

218,841

243.137

833.430

237.980

196.43S

110.735

129.604

138.879

H5.070147.129

224,837

221,876

216.170

233.311

J88.'.78

201,8; li

195.808

132.42!)

114,868

99,990

92.081

05.0.57

Stock at Interior Ports

7»-'S0. '80-'81. '81 -'82

218.998

281.183

2S7.109

317,1(58

313.503

361.926

355.943

349.85

352.883

358,071

S61.S80

357.016

242.326

247.911

248,8^5

265.276

294.2^4

810,(I15|

321.225

3)0,J09

877.359

874.293

S7S.565

282,489

806.758

325,903

850.304

370.247

397.53,1

400.681

416,."i«3

40\904390,783

378 609

.S04.TJ8

334.3ij3

R/c'pf5 from Plant'iu.

'79-'t-0.l'80-'8I. '31-'s8.

:?50.8S0 871,

294.337 210,

239.093 219,

S66,23.'>|2,9,

214.1>4-.'|287,

i29.('24 253.

145.323 807,

113.402

ISi.JlS

173.971

140.91)7

,813

,842

10S.89U 1E6.053

24«.18'>

241.081

840.631

253.237

26.<*.88»

210.978

,64S|20b 610019 142.970

,454 98.74'J

87i8ie

78.848

»4,61«

The above statement shows

—

1. That the total receipts from the plantations since Sept. 1 in

1881-82 were *4,] 07,001 bales; in 1880-81 were 4,367,062 bales; in1879-80 were 4,214,279 bales.

2. That, although the receipts at the out-ports the past weekwere 95,057 bales, the actual movement from plantations wasonly 84,644 bales, the balance being taken from the stocks atthe interior ports. Last year the receipts from the planta-tions for the same week were 156,053 bales and for 1880 theywere 108,399 bales.

* We have added to tliis Item all corrections of port receipts to date.

Weather Reports by Telegraph.—There seems to have been

a pretty general rainfall throughout the South the past week

with the temperature low in most districts. This wet weather

is in some sections interfering materially with the movement of

tho crop.

Galveston, Texas.—Ît has rained on four days of the past

week, the rainfall reaching one inch and seventeen hundredths.

There is mud and water everywhere. The thermometer has

ranged from 42 to 68, averaging 55. During the month of Jan-

uary the rainfall reached eight inches and sixty-three hun-

dredths.

Indianola, Texas.—It has rained (constant drizzle) on four

days of the past week, the rainfall reaching twenty- one hun-

dredths of an inch. Average thermometer 60, highest 77, low-

est 41. Rainfall for the month of January, two inches and

twenty-two hundredths.

Dallas, Texas.—Telegram not received.Brenham, Texas.—It has rained on every day but two of

the past fortnight, and it is still raining. The whole country is

a bog. The thermometer has averaged 50, the highest being70, and the lowest 42. During the past week the rainfall reachedone inch and twenty-five hundredths, and for the month of Jan-uary it was six inches and twenty-five hundredths.Palestine, Texas.—Telegram' not received.New Orleans, Louisiana.—We have had rain on four dave

of the past week, the rainfall reaching seventy-three hundredtneof an inch. The thermometer has averaged 57.

Shreveport, Loutviana.—The weather has been generallycloudy, with light rains, except on two days, during the pastweek. The rainfall reached two inches and fifty hundredthaWe had a very light snow on the 29th ult. The thermometerhas ranged from 32 to 66.

VicJcsburg, Mississippi.—It has rained on five days of thepast week, and is raining still. We are having too much rain.

Columbus, Missi.ssipi/i.—We have had rain on three daj'B

during the past week, the rainfull reaching two inches andforty-six hundredths. The thermometer has ranged from 82 to

68, averaging 43. During the month of January the rainfall

reached eleven inches and ninely-four hundredths.Little Rock, Arkansas.—It was cloudy on Friday, Sunday

and Monday of the past .week, with rain on Friday and ten

inches of snow on Monday. The rtmainder of theweek hasbeen fair to clear. The rainfall reached one inch and twenty-four hundredths. Average thermometer 43, highest 61 andlowest 27.

Nashville, Tennessee.—It has rained on four days during thepast week, the rainfall reaching two inches and fifteen hun-dredths. Average thermometer 40, highest 61 and lowest 25.

Mobile, Alabama.—We have'had rain on six days of the pastweek, the rainfall reaching one inch and eighty-eight hnn-dredthi The thermometer has ranged from 3D to 78, averaging

FEiinUART 4, 1880.] THK CHRONICLE. 151

S3. Daringr thn month of Jnnunry thu rainfall reached six

luchtia and 8u»unty-.N«von huudreilth.-f.

Moritijomer;/, Alabaina.— It, 1 ! constanfly on six

days of thopastwoBk, the rainfall i ;min«h anl bcventy-eight hiindradthn. Th» thHrmomjUi' has avKraiûd 50. Kain-fadl for the mouth of January, fnur iuuheH and lifly-foar

handredths.Selma, Alabama.—It has rained on two da.y8 of the past

week, and the balance of the week has been olondy. The rain-

fall reaohed one innh and forty-fix hundredths. The ther-mometer has averaged 4S.

MaUi-ion, Florida.—We had rain on two dajrs dnriof:^ thee*rly part of the past week, bat the latter portion has beunclear and pleasant. The dayn have been warm but the nightshave been cold. We have had a killing frost this week. Thethermometer has averaged 05, the highest t)«inf; 69.

Maomi, Georyia.—We have had rain on three days of thepast week. The thermometer has ranged from 29 to 70, averag-bigBl.Columbus, Oeorgia,—Ît has rained on three days of the past

week, the rainfall reaohiag three inches and thirty-six hun-dredths. The thermometernas ranged from 42 to 65, averagingSI. During the month of January the rainfall reached six

inches and lifty-seven hundredthi<.

Savannah, Qeorgia.— It has rained on three days of the pastweek and the balance of the week has been pleasant. Thethermometer has averaged 64, ranging from 36 to 70, and therainfall reached one inch.

Augusta, Qeorgia.—The early part of the past week was clear

and pleasant, but during the latter portion of the week we havehad a heavy general rain on two days. The rainfall reachedone Inch and thirty-five hnnderedthH. Average thermometer 50.

highest 73 and lowest 32. Hainfall for the month of Janaarythree inches and thirty-nine hundredths.

Atlanta, Oeorgia.—We have had rain on three days of thepast week, the rainfall reaching one inch and flfty-seven

anndredths. Average thermometer 46, highest 66 and lowest 30.

Charleston, South Carolina.—We have had rain on threedays of the past week, the rainfall reaching eighty-eighthundredthH or an inch. Average thermometer 55, nighest 73and lowest 35.

The following statement we have also received by telegraph,showing the height of the rivers at the points named at 3 o'clock

February 2, 1882, and February 3, 1881.Fti. 2, '82. Feb. 3, '81.

Feet. Inch. Feet. Inch.New Orleans Below Wgh-watermark.. 2 7 6Memphis Above low-water mark... 35 21 5Nashville Above low-water mark... 39 9 12 OBlureveport Above low-water mark... 27 2 14 11VloliBbuTK Ab«Te low-water mark... 42 11 32 9

New Orleans reported below high-water mark of 1871 nntii

Sept. 9, 1874, when the zero of gauge was changed to high-watermark of April 15 and 16, 1874, whiuh is 6-10t£s of a foot above1871. or 16 feet above low-water mark at that point.

Oveblaud Movemest to Febbuary 1.—In our editorial col-

umns will be found oar overland movement brought down to

the first of Febrnary.

JcTB Butts, Bagoiro, &o.—Bagging has been inquired for to

a moderate extent fjr jobbing waut.s, but large orders are scarceand buyers are not disposed to operate. There have been salesof 800 rolls, various grades, at quotations which are S^c. for1^ lbs., 8%@9c. for 1% lbs., 9%@9Mc. for 2 lbs. and 10?4c, forstandard grades. Butts hitve also sold in small parcels, andquite a fair amount of stock is being disposed of. We d'j nothear of any business in a large way, but few inquiries beingnoted for invoices. Prices are somewhat easier, and sellers aredisposed to shade a fraction in order to make sales. At theclose the market may be quoted at 2%@2Mo. for paper gradesand 2J^@3o. for bagging qualities.

OOMFARATIVB PoBT RbCEIPTS AND DaILY CROP MoVESIEMT.—A comparison of the port movement by weeks is not accurate

as the weeks in different years do not end on the same day of

the month. We have consequently added to our other standingtables a daily and monthly statement, that the reader mayconstantly have before him the data for seeing the exact relative

movement for the years named. The movement each monthsince September 1. 1881. has been as follows:

1881.

Monihli/

Seeeipls.

BepVmb'rOctober.

.

Sovemb'tDeoemb'rJaniuu-}-

.

lotalypar

Pareta)^ of tot. port

Beoelpta Jan. 31.

Tear Beginning September 1.

425,770837,349951,078

983,440943,913

1880.

3,741,549

459,479968,31^

l,00a,.')01

1,020,802

571,701

4,025,800

68-53

1379.

333,613888.492912.272

956.164

647,140

3,769,011

75-34

1878.

38d.84i)

689,261

779.237893,664

618,727

3,269,740

73-52

1877.

98,491

578,033

822,493900,119

089,610

3,089,246

71-08

1876.

230,868

675,160901,392787,769500,680

3,101,909

76-82

This statement shovirs that up to Jan. 31 the reoeipta at theporta this year were 284.251 bales less than in 1880-81 and36,462 bales leas than at the some time in 1879-80. By addingto the above totals to Jan. 31 the daily receipts since that time,we shall be able to reach an exaat eompariscm of the movementfor the different yean.

'

1881-92 IHH.,.81 1879.80. 1878-70 77.' n — ^

riit.D.!.3i I.1W7.S3: I.IM.OIH' 3,I20.S71 2,a.ji,oi;< i..iu nJon. 1.. H. '.lo.'iai 15,77(1 9,614 1 3

'• 2.... 2M,--l3o H. 80,208 22.'.'2: :,(),;. i

,

1<..249'• 3... 2i,.l-J- 2;t,i2i ao,7U(> 30.417 1«,!>.57 15.;(S«" 4... 17,92.1 ll,H(tM H. 14,049 3I,4U1 12.(»7t• 9.... 23.40.-. i:i,:M7 23,-,4'( n. 20.0.-,.-, 12.891" 0.... 37.-J31 Kl.77;) 22,900 33,248 H. 18.218" 7.... 17,9.) J 25.0311 19,9'.'0 1 Lrm 31.76- Br•' 8.... H. 17,'.;8« 17,5.M li^tOI 24.31U 27.877" 9.... 21.010 8. 84.762 20,010 17.404 14.73B"10 ... ]6,3(<l 26,8.40 20,411 23.9'J6 19,321 14.174"11... 15,187 18,08« H. 13,778 29,2(2 15,788"12... 12,382 20,08<i 22,132 8. UT.OOS 19.317" 13.... 31,380 19,509 31,13; 23.732 B. 19,037"14.... 12.290 28,777 19,046 22.120 33.73H 8." 16.... B. 24,347 19,790 15.960 16.553 24,043" 18.... 17,601 8. 26,983 15,902 28,396 23.360• 17.... 13,601 20,087 80.488 22,115 21,971 14.706"18.... l.'5,735 23.976 B. 20,397 27.986 13,619" 19.... 16,977 17,369 SS.465 8. 19,520 17.767" 20.... 23.886 19,582 23,105 25,45(1 8. 17,213"21.... 1D,733 3B.669 17,733 24,231 3<>,030 8." 22.... 8. 17,510 91,312 24,7ofi 28,497 23.144" 23.... 17.372 8. 86,187 2J,683 27.091 20.084" 24.... 14,138 23.943 23,924 31,173 21.683 13,467" 25.... 11,527 16,«6U 8. 24,968 27,338 19,715" 28.... 12,22'.' 16,189 29,260 8. 22,904 15,179" 27.... 21,099 22,359 14,836 34,212 8. 25,200" 28.... 13,203 31,273 16,328 32.056 37,400 B.

" 29 ... 8. 24,039 28,935 25,117 24,168 31,977"80.... 20,675 8. 23.908 17,169 27.805 22,468"31.... •71.37S 32,31P 16,710 33,.593 18,514 17.987

rot.Jn.31 3,741.51>' 4,025,800 3,768.011 3,269,740 3,089,216 3,101,969Feb. 1.... 12,592 2J,962 B. 36.304 28.495 23,«68" 2.... 11.049 19.075 22,580 B. 19,795 22,487" 8.... 22,3 ie 21,769 30,354 23,729 8- 28,0U

Total 3,787,538 4,099,606 3,810,915 3,329,773 3,137,536 3,175,935Peroentagd of total

port reo'iJtP Fob. 3.. 69-60 7619 7487 72-19 7866We have tuuludcd in tlila (Liy'i receipts a correoUon ol 56,185 bales

in the receipts at Vlr^'lula porti other than Norfolk.

This statement shows that the receipts since Sept. 1 op toto-night are now 301,063 bales less than they were to the sameday of the month in 1881 and 23,407 bales less than they wereto the same day of the month in 1880. We add to the tablethe percentages of total port receipts which had been received toFebruary 3 in each of the years named.

India Cotton Movement from all Forth.—The figures which»re now collected for us. and fo.-nwarded by cable eacfi Friday, ofthe shipments from Calcutta, Madras, Tuticorin, Carwar, Ac,enable u.s. in coimection with our previously-received report fromBombay, to furnish our readers with a full and complete Indiamovement for each week. We first give the Bombay statementfor the week and year, bringing the figures down to Feb. 2.

BOHBAT RBCBIPTS ASD SHIPMBNTS FOB FOOB TEABS.

Teor

1882188119801979

Shipments tlu> iveelc.\ SlUpment* nnee Jan. 1.

OreatBrii'n.

16,00013,0006,0005.. 00

Oonti-nent.

3.000

ToUU.

38,0000,001)' 19.(KW19.000 21.0001.1,000120.000

OrtalBritain

82.00021.0002 1 .00017,000

Conti-nent.

57.0002^.00033,00021.000

Total.

139.00048.00051.00038,000

Xeeeipts.

ThisWeek.

44.00023.000J7.00016.000

SineeJan.t.

199.000113.00089.00069,000

According to the foregoing, Bombay appears to show anincrease compared with last year in the week's receipts of 21,000bales, and an increase in shipments of 19,000 bales, and theshipments since January 1 show an inorense of 91.000 bales.

The movement at Calcutta, Madras, Tuticorin, Carwar, &c., for .

the same week and years has been as follows.

eALOtTTTA. MÔRAO. TimCORm. OABWAR. RAHOOON AHD KURRAdnS.

Shinmentt this leeele. Sktpmenla »i»u!e January 1.

Year. OreatBritain.

Conti-nent.

TMal. OreatBritain.

Oonti-now. Totat.

1892188118801879

9,0005,000

i'.ooo

3,0006,000

11.00011,000

4.0M

31,00042.0008.00012.000

21.00031.0006,0004,000-

55.00076.00014,000k16.000

The above totals for this week show that the movement frontthe ports other than Bombay is the same as for the correspondingweek last year. For the whole of India, therefore, the total ship^ments this week and since Jan. 1, 1883, and for the correspondinjfweeks and periods of the two previous years, are as follows.

EXl'ORTS TO RDBOPR PKOM AU. INDIA.

SMo'netitt1882. 1881. 18<tO.

lo all Europefrom— This

week.aineeJan. 1.

ThU»teek.

SinceJan. 1.. veeJc.

Sine*Jan. I.

Bombay 39,0uO 139,00011.000 66,000

10,00011,000

4<i.000

76,00024,000 94.000

All other p'rts. 14,000

Total 4n,(W0! 194,000 30,000 124,000 24,000 «s.oo6

This last statemtjnt affords a very interesting oomparison of thetotal movement for the week ending Feb. 2, and for the threeyears up to d.it-, at all India porta.

AuuAHD&iA Rbobipts AND SHiPMBim.—Throogh orraagemeDtawe bare made witk Messrs. Daviee, Benachi & Co.. of Liverpoul

and Alexandria, we now receive a weekly cable of tie movemeitts

nf «>rtnnftt A^xandria E^rpt. The foUowing are the receipte

SirSmente totie^pKek and for the ooirespouding week

of the previotw two years

Alexandria. Efirypt,

Feb. 2.

Receipts (cantars')—Tills week

—

Since Sept. 1

1831-t<2.

90,0002.527. .5.50

1880-31.

70,0002.290,000

Bxporu (bales)—To LiverpoolTo Cknitlueiit

Total Earopo -

This Since This Since

week. Sept. 1. vteek. Sept. 1

17fi,00010.5. IIB

10,000

1879-80.

73,0002,975,000

This Sinceweek. Se2}t. 1

16(1,000 1 16,000

57.082; I 7,483

28,81.5 281, IIG 10,000 217.082 23,483 325,769

205.500120,269

" i oantar is 93 lbs.

This statement showt that the receipts for the week ending

Feb. 2 were 90,000 cantar.s and the shipments to all Europe

were 26.815 bales.

JIANCHE3TBK M.VRKBT.—Our report received from Manchester

to-niffht states that twists and shirting.s are not materially

changed in price, and that the market is flat. We give the

pric^ of to-day below, and leave previous weeks' prices for

comparison:

Beo. 2" 9" 16" 23" 30

Jan. b•• 13i

" 20" 'Z

Fell.

1881-82.

32( Oop.Twist.

a. d.938®10>893eal0%6U»4»10 "

nâiogêaio938*10oêaio9>i!aio9'ialOgssBio

SH Ibt.

Shirtings.

d. s.

6 ®86 •as6 ®86 386 ®36 ®86 ®87<s®87>3ai86 '»S

d1^3

Ihs (Jhe

Oott'n3liil.

Uplls

d61I16

63,66:1,66'lw69l8611,6

6=8

188C-81.

32« Cep.Iwisi.

d. d.959 »109% a a''e\^1)58 8109=8 ®10nsg-aio9''a ®lo^9% ®10is938 aioia938 eloifi938 ®101l

8H lbs.

Shirtings.

d. 8. rt.

9 «89 3'8

®8 1\®3 m•as l"*

lis®8 412®S r

97ea>8 27^g'^gas 2'89'8®32^

Oott'nMid.TTpUt

d.6iiie6586K'i6

b\6%6=3

69t.6»166»i#i

SHiPPrsa News.—The exports ot cotton from the United

States the past week, as per latest mail returns, have reached

94,901 bales. So far as the Southern ports are concerned, these

are the same exports reported by telegraph, and published in

the Chronicle last Friday. With regard to New York, weInclude the manifestif of all vessels cleared up to Wednesdaynight of this week:

Tolat bales.

Kfcw 'SOKK—To JUverpool. per steamers Bothula, 1.803 Cityof Berlin, 2,112... City of Faris, 2, '288. -.Lake Clianiplain,

1,363... Nivada, 3,333 10,904To Glasgow, per steamer Circassia, 1.50 150Tu Uavic, jiur stiamer Amtrique, 523 523To liiemen, iicr ht> amer Main, 1,211 1,211To Genoa, prr Rteamer Pouco, 200 200

Mkw OJii-KANs—To L,iverp"ol, pt*r steamers Catalan, 3,950Culiano O.VCO Uaj tiai, o,:62 . . . Miiriner, 3,019 perships Aneroid, 3,104 Noitbainpton, 4,037 per barkGuisto, 3,024 29,696

To Havie, per ship Scotia, 4,30." 4,302To Bremen, per liark Kroi.rene, l,'2fi0 1,260To Hamburp, per stcame Indli, 733 733ToGeiiOi, perbarX Saut Aniia. 2,143 _ 2,14.JTo Vera Cruz, per , 450 450

OnARLKSToh-—To Liverpool, per barls George Peabody, 2,716Unlaud 2,716

To Bariielona, poi bar . Ana, 702 Upland per briss Frau-elso •, 6 uU. lanU bLKundot, 49J Upland 1,802

•atansah—I'o Liveipuol. p«i ship Ardiuore, 4,576 Upland 4,576Ti> Bareelona, per brig Maria KoKii, '220 Upland 220To Gen la, p.r biij; Cusariua, 1,250 Ui)lan(l 1,250

Texas—To Liverpool, |ier barks Fli 1, 1,138 Teteus, 1,639 2,797To Bremen, per barks Liana. 1.111 Udjiis, 1,093 2,'204

WiLMiNOTO.s—Xo Livcipoiil, per bark Saroii, 1,748 per brigKexubueu. 1,ij80 3,828

NOKFOI.K—To Liverpool, per steamer Brauttord City, 6,8 11per ship Maryland, 3,978. ...per bark Nellio T. Guest,

„3.30« 14.087To BreiEerhaven, per bark Jacob Aall 1 ,910 1,9 10

Baiiimobe- To Liverpool, rerstitamer Graoi>i, 1.707 1,707b«lllo^—To Liverpool, per steaiuerd Palestine, 2,411 Poly-

Lcslnn, '2,o:iO. . . Samai iii ,2il 4,68''PliIl.Al>Ei.iiiu—To Liverpool, per steamers British Crown. '2,000

....Illinois, 400 2,100To Aniwerp, per steamerHeola, 150 150

Total

The particulars of these shipments, arranged in ourterm, are as follows:

Bremen Bre-1* Hum- iner- Barce- Vera

Havre, burn, haven, lona. Genoa. Cruz.523 1,211 200 .

4,302 1,993 2,143 4501,8022-20 1,-25J

2,*.«01 !....

91,901

usual

Xirer-pitol.

10.90429,6962,7164,576•A7972,^23

1,910

Total12.98838.r)814,5186,0465,0012,8-28

15,9971,7074,6822,530

Hew Yort..N. Orleans.Charleston.Savannah..TexasWilmingtonNorfolk.... li;057Baltimore.. l,7o'7Boston 4,6S2 '

Philadelp'a 2,li0

Totol... 76.3^3 4.32.) 5.108 1.910 2,023 3,393 430 liZgoiIncludwl in the above totals are, from Now York to QlasKow. 150

bales, and from Philadelphia to Aulweip, 150 bales.

Below we give all news received to date of disasters to vesselssrrying cotton from Unite 1 States ports, etc.:BRI8T01, steamer (Br ).rr,.m S«.vOrl6.»ii)for laverpool. before reported

wlilcli luit luu. Halifax wli h her prapeller broken, ship ,,ed a spareone Jan. 3i)andbeKau iKloadiUKtttoiioe.i'.«»i«opjre

COSMO (Br.), steamei. Biom.ige.-, from Galvesiou via Norfolk and Malta.

rgriuX^rifet.^'jj^r"''"•'^''- '^''•'"^ *"""•« -'-" 'i"-

CxiBtg, bark (lir.), Parker, irom Charleston, 8. C. Jan 4. for Uvornool~.Ulded»t sea with the ship BerUe BIkoIow. from Ltv' rl'ooUw

the Delaware Breakwater, and arrived at Liverpool Jan. 29, anddocked, considerably dixm.-»ged.

BOtiB, bark. Patterson, from Charleston Dec. 24, at Liverpool Jan.25, Jettisoned 47 bales cotton on the passage. Two bales of cotton,one of which apparently marked HBW, and one cas'ic ot oil, wer«picked up on the English coast and delivered at Peniance, E.Jan. 18.

Ootton freights the past week have been as follows:

Satur. Hon. rites. Wednes. Thurs. FH.

Uverpool, steam d. is2a^l6 f32®^16 ''339516 ^32*^16 '33*^16 '32®93»

D» sail...d.

Havre, steam— c. 1333. "32* W33* 1«38* "33* Tisaia

Do sail e. .... — —Bremen, steam, .c. ^' V Oj. la* 1** la.

Do sail e. —Hamburg, steam.d. 'is* Tio' ^16' 716- 'le- 38

Do sail...d. ....

Amst'd'm, steam.c. ^18* ^lo' •'16* '16* 'IB* 7l6®Hl

Do sail... (J. .... .... ....

Baltic, steam d. 38 81333 38-ai%2 38®'332 38®1332 3881332 %®7igDo sail c. .... ••_ ....

Compressed.

LivaapooL.—By cable from Liverpool, we have the foUowingstatement of the week's sales, stocks, &c., at that port:

Sales of the week bales.

Of which exporters took—Of which speculators took..

Sales AmericanActual exportForwardedTotal stock—EstimatedOf which American—Estim'd

Total import of tlie week.... .

Of which AmericanAmount afloatOf wliieh Am'^riean

Jan. 13. Jan. 20 Jan. 2

63.0003,70t>2.500

47.0002,2005,800

572,000413,000117,00081,000

312,000235,000

67,0002,2002,100

49,o0t-4,10'

14,500597,000430,00;107.00074.000

295,00(1201.000

48.5(112,9001,910

36.0003.OO18,000

631,(10"43l.0(KI8y.(Hjo6 l.OOii

296.001'•2.18.00.

Feb. 3.

61,0002,5003.700

45,0003.4009,800

632,000452,00070,00050,000

360,000248,000

The tone of the Liverpool market for spots and fas ni-.ii o.t.m tiny of theweek endiui; Feb. 3, and the dally closing prices of •tii.it cotton, haveijeen as follows:

Spot.Saturday Xonday. Tuesday. Wednes. TK'i'-^'fy.

Moil. inq.freely

supplied.

Friday.

Market, l

12:30P.M\

Harden'^.Mod. inq.

freelysupplied.

Dulland

easier.

Mod. lu).freely

supplied

Fairdemand

freely met'Jld.Upl'djsDii.i.Orl'ns

611,6613,6

611,6613,6

611,6613,6

6=86^ 6\

6586%

SalesSpeo.A exp.

10,0001,000

10,0001,000

6,000500

8,00111,0J0

S.llilO

l.ooo10.0001,000

Futwes.Market, '

12:30p.m.j

steady.Diliand

easier.Steady. Steady. steady. Steady.

Market,\

5 p. M. 5

Barelysteady.

Steady atday's low-est prices.

Steady.Barelysteady. Steady. Quiet.

The actual sales of futures at Liverpool for tUa .> i m y 3 ,!<. are givoubelow. These sales are ou the basis ot Uplands, Li* tdt.Uiug olause,unless otherwise stated.

Saturday.Delivery. d. I Delivery. rf.

Jan 0»3a M»r.-Apr ..6S5^Jan.-Feb 62333 1 Apr.-May...6i3,,'S27;„Fob.-Mar ....V.^Hi\ May-June e'^s

MONDAY.Jan 611,3Jan.-Feb 61(irtJan 62I32

lan.-Feb 63i,,2

Feb.-Mar... Siliisaai.,.

Mar.-Apr 6%o'-!3:i..Apr.-May 62633® i

May-June 613,6

TUESDAY.Jan. 6»„,»1939 I .Vpr.-M'iy 611

6233262332

JanJan.-Feb..Feb.-.Mar..Mar.-Apr.

.

Apr.-May 613,6-May-June 6''8

June July 62032Jitl.v-Au« 63I32

nflit^r.**y. d.JilHH-llllv.. 6'*32®l'l«J.ily-Auj; 63I33

j!ine-T(ily r>''g

Jan 6^J an -Feb 6'^Keii.-M.ir 6i>8

vlar.-.\pr 6ili».Vlay-.lniie 62832tiiiii.-.liily 62'73Q

July-Au,^ ... .6'.s»32®'8

Jan.-Feb .". 69Feb.-Mar 69ir

ai932a,îgMar.-Apr 658a2ij2

Feb 658ai3.,2Feb.-Mar. ...tiHgai'î.Mar.-Apr 6il",c

April-May 6S1May-June 613,8

.69,8

®233,^»Ill3May-June tf\Juue-July 6i'|g

Jaly-Aus 62^3-..

Wednesday.i June-July «27 j

I

July-AUR 6''8a2ii3.^,

Aug.-Sept 6^6, uApr.-.May 0233.^

Thursday.May-June 62",3t

I July-Aug (ii'a

Aug.-SB|it..i ol,>.-,,l;ir.

.

't'V-AlM'll.

.^pr.-.Uay .

&'«6ii»326U1,62832

M:ir.-Apr. 621sjM,n-JnijB 62532liilv-Ailif e'iAug.-tSept 62*32

.6-'

FebFeb.-Mar... .69,60Mar.-Apr 621,2 I Aug.-SeptApr.-M,iy 62332!

Friday.JuiieJulv 62733

IFeb.-Mar fi^s

July-Aug 629,2IMar.-Apr h2i,.

Mv .'u- ... -IS,,I

Apr.-May 62. ,3June-July 6''8

I May-June 62'-<.

War.-Apr. ..

.Iiin.-.lnly ...

Aug.-Sept . . .

.-611i«...6273,...6l5i«

J.uie-Jillv 629,2Jiily-.\.iiL' 615,,l?oli.--vlar 621jj

BREADSTUFF S.FBIDAV. e. M.. February 3, 1882,

The flour market has been somewhat variable and unsettled,

aoder conflicting influences, but the tendency i.f prices has beea

in som-i cases downward. The snow-storm, m iking trausporta-

li'in dif&.;uit, checked the home trade, but there has been

ra'her more export demand, which has n.jr. benu readily met,

owing to the scarcity of desirable lines. To-day the market

was quiet and th-? higher grades depressed.

The wheat market has been levens*; and unsettled. Theefforts at a s,)eoulative "corner," which were m-'nii.mod in our

last, seem 10 hare been abandoned. Ou som.^ day* there has

Fkoboaky 4. 18^2.) THE CHRONICLE. 153

been a good export demand; on others none at all; tba inqairy I fined to lar^re huoies lliat cater for the parkagH trad**, and the

from the Contiuent appeai-H to have inoreased, and to hav«

become more urgent, though nej,'i)tiationH are conducted with

much secrt'cy. The market contiimeH to be nearly bare of

spriDK whoat. To-day there was a doll market In the regular

way, aud the iipeculation was fitful and nncertainj No. 1 white

on the spot quoted at $1 40 in store; No. 3 red winter, f1 47H for

March. $1 49 for April and $1 iH% for May. The fall of snow

OTer a large portion of the North and West is favorable to the

next crop .jf winter wheat.

Indian corn has been much more active for export. The

demand has been quite brisk for the United Kingdom as well as

the Continent. The large receiptst at the West and the liberal

stocks at all points have therefore had little effect upon prices.

To-day the market was stronger. No. 2 mixed 69@C9^c. in

store, 70?<ic. fur Manih, 72o. for April, and 73c. for May. Choice

white Southern corn is very scarce, and would bring extreme

prices.

Rye has been less active, but with supplies moderate, prices

are firm. Barley i» dull, with a tendency rather in favor of

bayers. Buckwheat is dull and depressed. Oat.s have been

moderatelr active, and latterly prices are steadier ; No. 2

nixed, 48'y^@48j^c. for the next three months.The following are closing quotations:

PLODR.

Ho. 2 sprioK. . .V bbl. $.> 30»No. 2 wlntOT 3 O.'S*

WliiUT »up«^rllue 4 35^Spring; rtii[KTrtue

Bprin'it will-lit extras..

do XX iina XXX...Wl«. * Mltii. rye mix.WliiUM- Blilpp'g extras.do X.XandXXX...

PttlênM

3 7,'^

4 ir,

4 7o4GD5 3.5

7 oo6 7;-!

5 6.")

WheatsSprliiKpor hnah. $1 22BpriuuN'o. 2 132Red wluler 1 35Red winter. No. 2 1 44White 135

0009«97575709397

4 20»4B.'.a5 50»6 2.1

»

5 15»5 85 a 7 257 OOa 8 7j

GHAIS.

IGate-

's 1 33 Mixed»1 35 Whiteiti 47al 45i<!

•al 42•a TCa

mty slilpplDK extras.!$7 00» 7 35•'oiithcrn bilkers' audfamily biaiulH 6253 7 75

!<oiith'ii St Ip'K (ixtraa. 5 40a 6 00Kyetloiir, Buvertine.. 4 70» 5 15Com meal—Western, &e 3 35» 3 75Braurtywliie. An 3 75» 3 85

Buckw'lflour.lOOlbs. 2 80» 3 20

45 «17 a47%®48 ai

4351

No. 2 mixedNo. 2 willto

Barley—Ouuada No. 1....("aii.iila brlpht...State, 4-rowed...State, 2-rowed...

Barley Malt-Canada 1171231130State 98 ®1 12

Buckwheat 77 « 80

1 141 161 0590

ai 15-

-81 17»1 109 92

Com—West, mixedWest. mix. No. 2. 09 *Western yellow.. 69 » 71Western Willie... 75 a 70Southern white.. 75 ® 85Soul hern yuUow. 70 » 72

Byo—Car lot« 93 9 95Boatloads 97 » 98

(.fVoni the " New York Produce Bzckanut Weekly.")

Receipts of flour and grain at Western lake and river port s

for the week ending Jan. 28. 1882:

Flour, Wheat, Corn,6&E«. bu«h, hush.

(196 Iht.t (60 Ibs.t (56 lbs.)

180,785 1,394,503383,803 96.490133.663 171.703

Ohlcafto ....

Milwaukee.ToledoDetroitCleveland..8t. Louis...PeoriaDoluth....

Total 181,458 910.6212.922.5111,0=19,458 274.488 64.463Same time '81. 117.435 726,967 1,.573.933 70G.031 243.130 31,541

The visible supply of grain, comprising tbe stocks in granaryat the principal points of accuinulatioa at lake and seaboard

68.34572,211

3578,1113,121

28,210800

75,7i'l11,675

133.9225,900

19,080

25.5S542.000

679,380512,850

Oals, Barley, Rye,bush. bush. bush.

(32 lbs.) (48 lbs.) (56 lbs.

«42.i)01 109,210 19.621100,810 114,820 18,14214.639

7.3.586.300

22,00014,300

14,6002S.20O66.405

221,900

piece dlHtnbution cimtinued moderate. Valuta of thn moHistaple fabrics of domett ic and foreign manufactarp are ateadilymaintained, and holdi-n—feeling confident of a mor« activedemand in the near fiitiir>-— have shown no dl'poeition to forcegoods upon unwilling buyers by granting price conoeKaiuna orextra time induo-inHiit.x

Domestic Cotton Oooiw—The exports of cotton goods forthe week ending .January 31 were 2,004 i>a<!katr«s, of which 678were shipped to Africa, 429 to Oreat Britain. iiUO to Hayti, 210to U. S. of Colombia, 141 to Chili. 99 to Uruguay, &c. Therewas a slightly-improvfd demand for thw most desirablebrown, bleached and colore 1 colt-T", but f> w Isr;.'"* tmnHs--tions were reported they being only m'ldMrai.- in theaggregate. Some makes of low and inediom grade bleachedgoods, light-brown sheetings, cotto: ades, &c., are more plen-tiful than of late, but stocks of the best standard and 3.J6 to 4.

yard brown sheetiuL's, brown diills, wide sheetings, finebleached goods, ducKM, denims, ticks, che('k.<<, stripes, &c., arein very g(X)d shape a.s a rule, aud by no mi'ans abundant.Agents' prices are without quotable change, and for the mostEart steady on such goods as govern the market. Print clotheave continued quiet, and prices were nominal at 3 13-1 6c. for

64xG4's and 3%e. for BtixGO's, with more sellers than buyers atthese figures. Prints were slow of sale, and ginghams andcotton dress goods were only in moderate request; but therewait a steady movement in white good-H, quilts, hosiery andknit underwear.DoMBSTic WoeLBN GooDH.—There was a moderate movnnient

in men's-wear woolens, a.s the result of new business and in exe-cution of former orders, and the tone of the market has ex-hibited much firmness. Light-weight cassiraeres were takenin small parcels for the renewal of assortments, and some ad-ditional orders were placed by clothiers for new heavy casHi-

meres and suitings; but the supply of the latter is so limited asyet that transactions were confined to relatively few makes.Plaid-back and rough-faced overcoatings were in fair demand,but Moscow and cotton-warp beavers continued slngpish, andthere was an irregular call for cloakings. Heavy satinets metwith considerable sales, but Kentucky jeans ruled quiet. Dressflannels were fairly active, but other Uannels were in light re-

•

quest, and blankets moved slowly as usual at this time of year.Worsted dress goods were in better demand, and some veryfair .sales of staple and fancy makes were made to out-of-townjobbers.

FoEEioN Dry Goods have exhibited a little more activity, butbuyers are operating sparingly as yet. Cashmeres and fane^dress goo(is were in moderate request, and there was a fair

business in black, colored and fancy silks, Uhadames, &c.Housekeeping linens met with considerable sales at firm juices,

but dress and blouse linens were slow of sale. White goods,

laces and embroideries were in steady request, and there was &good movement in hosiery and fab: ic gloves.

ImporlaltouB of Dry MoodsThe importations of dry goods at this port for the week

ending Feb. 2, 1882, and s'inee January 1, and the same facta

for the corresponding periods of 1881, are as follows:

2,00024,700

ports, aud in transit by rail and water, Janfollows:

Wheat, Com, Oat;bush. bush. bush.

4,264.478 4,621,020 386,092740,000 245,000 lt<0,000

9.500 H8.0J0 34.50052.5,478 19l.:!:i-> 7,071

3.630.201 5,920.351 815,0071,453,768 21,935 13,788664.080775,943 446,745 43,019714,436 12,020 15,646120,000 154.000698.516 l,731.7t<i;62,194 247,522

278.836110,620340.140

7.203311.800332,439

1882, was as

In store at—Hew York

Do. afloat (est.)

AlbanyBiiltaloOhU'a.toMilwaukee . ......DuluthToledoDetroitOswegoBt. LouisBostonTorontoMontreal (IStli)..PhlladelpUaPiôrialuiliimapolisKaiLsas CityBiiltiiuore 1,932.501Down Mississippi.Ou laU 771,000

Tot Jan. 28, '6Jan. 21, '82...

14. '82...7, '82...

31. '81...29, '81...

Barley,bttsh.

48,136237,000183,001)302,644363,iy3253,336

59,615332.5HI20T.14S106.90013-.,o:fl

837,08495,147

2,223,000

136,624110,:j6ll

3,31362,578137,971230.78160.90036,974

10,00019,034

740,000144,40313,799

320,67731,034

li',i87

Rye,bush.

131.50975.00063.5006,059

459,361113,380

li',i5'76

24,6b619,0342,045

16,67336.739

112,21917,5008,332

O X

g:

11,383919,000 140,000 62,000

Jan.Jan.Dec.Jan.

.. 17.752,142 17.816.101 3.205,021 2,824,713 1,158,083

.. 17.321,893 16,954.623 2,976,059 2,599.192 1.33.1,782

.. 17.381.910 16.631,085 2.«03,090 2.752.860 1,273.515

.. 17.530.421 16,426.381 2.628,193 2.818.193 1.248,964

.. 17.762,769 16,861.137 2.747.274 2,9TJ.271 1,301,723

.. 23,006.345 10,724,075 3,465,9J6 3,538,372 797,463

THE DRY GOODS TRADE.Friday, P. M., February 3, 1882.

The past week has developed very little chaoge m the gen-eral condition of the dry goods trade. There was a furtherAddition to the number of packajê buyers in the market, butonly a moderîte increase in tht; Tolume of basinees wasreported, operations havin|; boen conducted with a good deal ofcaution. There was rather more actirity in the jobbingbranches of the ftrad«, bu^ the impcoT«ia«Qt was •hieny ton-

es toi

i^ to tcto

-J to 1 MO'C:g-wJ

OL©« CO

cgO_

CO 01^ Ci "l

030

ooeo

tococcc^

MM *0ÛCitSCO**'^ to — -I COOh-' OPCO

1«ODOCOW-iJ

SSI

jm!*1W

CCitk

CO

COCJ'

pu

Ô

•>3C0

ubCM J-

Xibî

to I *k-J

tv jâôicOOto<&if>M ij '^ * at •-•

-us

co»-

"libOCO

CnOD•400»-0D

10 to

rob(JtV

bor>Mcoco00 Ol 00 -J CO

0Di»>ci*aiC3WXOII--JOD^.UtOrfi>

•goo JC--gib OD to CM

tj ft .-* m CO

1090-40eSvtOQDO»0C^0D

ODOcVbao

lOiUCOtO^ = t -. C X

Apwooco

to H. -1-1-1xac-iju

MtOtOW-i^^Vboc*0-)0*OCS-%

-lecloVvb

I— 1>> to -1 *-

>C CO CO COo

10 CO -1 S: O^ C3 w to COC. O^p l<0«

b^bu* to-.i-jex-iaj^<ooo

OXCffCCMSOiWtOtO

tOC^-4«h

MCCCOtOtobo^cj*oD-iceoo^

to'-'to^toWtCCOC'l

I

154 THE CHRONICLE. [V»L. XXXIT.

Financial.

W. W. Farmer,MONROE, LOCISIANA.

Tonnselor, Solicitor and Attorney.

Pr»ctloe» m the DUtrlot, Circuit anU SupremeCent* of the United autes and of the stuto. in

•Uolaumof ca»eii. Hm no other businesi.. undde-TotM hU porMoal attention «nd all his timo km(ii-

fiM«7to ha profoMlon. Befera to Bank ot Monroe .

E. S. Bailey,7 PINE STREET.

Dealings In

Insurance StocksA SPECIALTY.

CMh MM at oneo for the aboTe Securities; or

tjSrwInhe Bold en comnil»alon. at aeller'8 option.

-mxo. V. S^trD. John aiCKKM.MAX K. 8A»D. Member N. T. Stock Kxch.

Sand Brothers & Co.,

BANKERS AND BROKEBS,

S4 Wall Street, New York.

BT0CK8 AND BONDS BOnOHT AND SOU) OB

COMMISSION.

COMMEBCIAIi PAPKK NEGOTIATED.

Financial.

Gwynne & Day,lEatabllslied 1854.] No. 45 WaU Street

Transact a geecral banking and brokerage bnal.

neea In Kallway gtaarea and Bonds and OoTernment

•eoorltlea.

Interest allowed on deposits.

Investments carefully attended to.

WM. D. HATCH, Wm. B. Kendall.Meaiber N. Y. Stock Kxch.

d€atch Sc cHWvba^,No. 31 WALIi STRtET,

BANKERS AND BROKERS,Refer to Messrs. Fi8K & IIatch.

ALEX. 8. CLAllK. n. B. BACOH. L. R. BACON.

Clark & Bacon,BANKERS AND BROKERS,

8 Pine Street, New York.Bar and sell on commission all Secnrltica dnnlt Id

(t the hew York stock and the New York MiningICxchaDKes. Deposits received and Interest allowedon balances.

Lansdale Boardman,STOCK BROKER,

-OFFICKS—Ro. 80 BROADWAY, NEW YORK,

HALL BniLDiNo. Trot, n. v.,Connected by Private Wire.

fc™"v?""!!"®^'''"'" '" »' "»« N. Y. Stock WxchanjreDonght and sold on nomralsaion and carried on a fairmargin. Interest allowed on credit baliuioes

ESTABLISHED1864.

Coleman Benedict & Co.No. 24 BKOAD ST., NEW YOKE,

STOCKS AND BOIVDS,MEMBERS OF THE N. T STOCK EXOHANQE.A strictly commission business conducted In the

purchase and sale of Stocks and Bonds on Marginor for Investment.Complete f'lnancl* Report Issued weekly to oar

oorrespondents

INVESTMENT & SKOUMITV UEGIS-TH* EXCHANGE. ""••""

{LIMITED.)INCORPORATED, IS8I.

, 4» NEW STREET, NEW YORK.£nH<«^'?v'^?f„ ",'",!;*', °P«°«* <"» ""d after

for deallnira under the co-operallvo oontriwjt sys-tem. In all active Mock., Investment and (JnllJtcdawnrltlcs. ona o.ariiin ot one or more per cent m•greed upon between buyers and aalleri ?iroot a^jEaredticed expense for brokerase. ".itiSk f?,rnot IM. thun loo shares. Margins depoaoSd InTimst Company. JOUN L. HUB.sox. Sccretar".

f!S?.""'' CltT*Town Bonds ot West Sintn.

St. Joseph * Paoltlo Kit. Bonds.'

City of 91. J.wcpli Mo.. Old B.mdstaternatlrinal lniprovem<'nt Co. SubscrlntionsBrooklyn Klevatoo UK. Securities

"''Amerl'an Cable Co. Subscrl.tlons.Midland Railroad of N. J. SecuritiesChlcax'. 4 iJrand Trunk UK. Secttrltioa.South Crolina UK Securities.Orand Httulda A Indiana UK. stock.eincluiiutl Bichn-ond & Kort Wayne Xtook.

Uouclit bT WM. B. UTLKr.t.o. 31 PlNB 8TBKKT, NEW VoRK

C. I. Hudson & Co.,1 BXCHANGE «OCHT, NEW YORK.. .1. ,. J''^""'-'' OfBoe and Private Wiro

'

•t th6."Ci;Mi.imr.ANn." Hroadway and 22d Street

Geo. K. Sistare's Sons,

17 NASSAU ST., NEW YORK,DEAXERS IN

FIRST-Ci<ASS INTESTHEKTS.Buy and Sell on Commlaslon, for cash or on mar-

Kin, all securities dealt In at the New York Stock

Exchange.Interest allowed on daily balances.

All deposits subject to check at sight.

Particular attention to orders by mail or tele-

graph.

J. P. WINTRIIVGIIAIM,GAS, INSURANCE, BANK STOCKS, &o.SECUKITIES BOUODT AT THB AUCTION SALES.

No. 36 FINE STREET,NEW YORK.

Lummis & Day,Nos. 84 and 315 DREXEL BUILDING, Cor. WALL

and BROAD STREETS,BANKERS AND STOCK BROKERS.WILUAH LDUUIS, HENRT DAT,

Members ot New York Stock Exchange.

IXVESTMENT SECURITIES.

An assortment of desirable bonds

always in liand

Correspondence solicited.

ADDRESS:

A. W. Beasley & Co.,

98 BROADWAY, NEW YORK.

Financial.

Geo. H. Prentiss,No. ir WALL STREET, NEW YORK.

GAS STOCKSAND

OAS SECURITIES,STREET RAILROAD STOCKS AUTD BONDS

AND ALL KINDS 01

SROOKEYN SECURITIESDEALT IN.

SEE OAS QU0TATI0N8 IN THI.S PAPER.

Gilman, Son & Co.,BANKERS,

63 CEDAR STREET.In addition to a General Banking Business, buy

and sell Government Bonds and Investment Securl.lea.

H. L. Grant,No. 146 BROADTYAV,

NEW YORK.CITY RAILROAD STOCKS & BONDS

BOUGHT AND SOLO.'Beeqnotatlonsof City Railroads In this pape

C. E. Jackson & Co.,iniDDLETO\rN, CONN.,

Buy and sell Government, State, Municipal andRailroad Bonds and Stocks. Investments for Sav-ings Banlu a, BPBolaltr. Correspondence sollolted.

AMERICANFINANCE COMP'Y,

5 Jk r NASSAU ST., NEW YORK,434 LIBRARY ST., PHILADELPHIA,

PORTLAND BLOCK, CHICAGO.

Capital Stock, • $1,000,000

SOUND INVESTMENT SECURITIES furnlaheato Corporate and Private Investors.

CAPITAL FURNISHED OR PROCURED for

Railroad Companies having lines under constmc-tlou, and their Bonds purchased or negotiated.

FINANCIAL NEGOTIATIONS conducted for

States, Counties. Towns and Cities, and for Railroad

Companies and other Corporations.

WILL CONDUCT THE FINANCIAL RE-OR-ANIZATION of Railroad Companies and other

corporations whose property is In the hands ofReceivers or Trustees.

WILL BUY AND SELL INVESTMENT SEODR-ITIES on Commission.WILL BUY OR SELL DEFAULTED BONDS OT

convert them into Interest-paying Investments.

Circulars and other Information furnished on ap*

plication.

JOHN C. SHORT, President.JOHN G. NEW, Vice-President.W^in. P. WATSON, Sec'y and Treas.

Simon B org.No. 8 WALL STREET, NEW YORK,

DEALER IN ALL KINDS OF

Railroad and InTestment Securities.

Southern Sbcukities a Specl^tt.

W. C. Floyd-Jonks William RonisoN,Members of the N. T. Stock Exchange.

Floyd-Jones & Robison,BANKERS AND BROKERS,

No. 2 EXCHANGE COURT.Stocks, Bonds and all Investment Securities

bought and sold [strictly on commission] for cash

or on margin^

ERNEST OROEBBECE, GRANT B. SOHLZT,Members N. Y. Stock Exchange

Groesbeck & Schley,

BROKERS,No. 13 WALL STREET, NEW YORK.

C. M. RITTTEB, W. N. WALKER.Member of N. Y. Stock Exchange.

Rutter & Walker,BANKGRS \ND BReKKRS,

No. 80 BROADWAY, NEW YORK.Buy and Sell on Commission, for cash or on mar-

gin, &U Securities dealt in at the New Vork StockExchange. Interest allowed on dHlty balances.Particular attention paid to orders by mail or tele-graph^ ,____^^^___^__^^^^_^^^_^___

ISoodt^t

^ So*BANKERS,5S Broadway, cor. Exchange Place, N. Y.Branch Office, 1>.28 I^a Salle St., Chicago,

TRANSACT A GENERAL BANKING BUSINESS,INCLUDING TUK I'UKCUASB AND SALE OVSTOCKS AND BONDS FOR CASH OH ON MAR-GIN. BUY AND SKlil, INVESTMENT SKl'URI-TIB8. INTEREST ALLOWED ON DEPOSITSSUBJECT TO CHECK AT SIGHT.

P. O. Box 447.D. A. BOODY, C. W. MoLKLLAN, Jr.Becben Lbland, r. G. Saltonstali,.

cG Co.BANKERS,No. 18 AVALL STREET,

Nevr York.Tranntct a General Banking Bnsiness, Indudlikji

the purohaso and sale of STOCKS and BONDS for i

cash or on mnr;.nn.

Bur and Sell Investment Secnrltles.P O. BOX 2,M7 1

A,M. SiSDKB. TVAIXANH TRASK. n. J.MOBSIW. C UlLL.

FsmvAST 4, S88>.J THE (JHRONICLK

Financial.

Obobob Stark. JOBir r. 8TAKZ.

George Stark & Co.,BANKKRS,

No. 33 NA88AU STREET. NEW YORK.

dnj uid •all iDTutmant 8««iirttla« foi auh or on

temmlulon. A poolaltr mad* of WMtarn ranaMort<affaa bearlnjc from 7 to 10 par oant Intaraat.

Will undertaka tba nacotlatlon of loaaa ap«ii

Waatam City aropartr m larca or aioail amoanu.

Buttrick & Elliman,BANKRHil AND BROKERS,

Noa. 8T Sc 39 Wall St, New York.

BONDS, BTOrKS and INVBSTMKNTSKCURITIWBobOUT AND SOLI) iN COMMISSION

A. BCTTKiCK, Member of the N. Y. Stock Kioh geM. Kluman. Memoer of the N.T. Mlnlnit Bzch'ia^

R. A. Lancaster & Co.,BANKBK8 AND BK0RKK8,

6« BROADWAY, NEW YORK,DKAI.EH8 IN

Flrst-Claaa Inveatment SecartUea.eoVBKNMKNT DONIJB, STATE. CITY, COUNTYRAU.KOA1) A MlSCKLLANgOlla SSctlKITIBS

BouKlitand Bold on CommlBfllofi.

nrvMa Tax- KecfivtibU Coupnnt Bought.aOOlBBRH NKCrKITIEti A SPKCIAL7t

LOANS NKtJOTlATKD.IlfTKKKHT ALLOWgn ON ngPOWTTa.

Taintor & Holt,BANKERS,

Ha. 10 WALI, STREET, NEW TORK.TRANSACT a OENBKAIi BANKINO bnelneu.

DEPOSITS raoalrad and IMTBKEST allowed on

balaneea.

Bnr and sell O0VBRN31ENT, MUNICIPAL asdRAILROAM bond!.

PrlTite telegraph wlrea to Prorldenoe and Boaton

8. . TAINTOR. OBO. H. HOLT

p. W Gallaudet & Co.,BANKERS,

VKITED BAITK BVILDINO.WAI.I. STREET, COR. BROADWAY.

STOCKS, BONDS & COMMERCIAL PAPER.Stocks and Bonds bought and sold on commission

at N. 7. Stock Bzcbaniie.AdTances made on business paper and other

securltlen'

J D. Pbincs, Jas. Whitklt, H. Cruoer OaklitHabrv C. Looan, Maynard C. Ktrx.

W. R. TltAVERS. Special Partner.

Prince & Whitely,^o 64 BROADWAY, NBIT TORK,

(Branch Ofllce. 180 Fifth Avenue).AlIclasseBof Kallwayand Mining Stooka bon^ht

mod sold on Commission.PrlTftte TelBKraph Wtres to Philadelphia, Wllrnhv*

ton, Baltimore, WashtDKlon, Boston, Bridgeportmd New Haven.

Uncurrent Securities a

Specialty.0RDKR8 AND CORRESPONDENCB PROMPTLY

ATTBNDED TO.

JAMES KITCHEN, 70 Cedar St

roKOYOC D. Barker. Hbcby C. TiskkbMember N. Y. Stock KzchaoKe.

Barker & Tinker,STOCK BROKERS,

«1 ic 33 BROAD STREET, NEW YORK.BOOM 8.

Bay and sell on commission, for InTestment or onaratn. all saeurltles dealt In at tha New York Stockxabanca^JIMBPR P. JjLOYD. W. c. McKbah

Member of N. Y. Stack Kxeh'n

Lloyd & McKean,84 WALL, STREET, KEIIT YORK.Bnjr and sell—on commission—GoTemment, Rail

WS7 and Mlaoellaneous Securities. Recelre depoaltavbjaet to check, and allow Interest on balancaa.

Fred H. Smith,BANKER AND BROKER,

No. SO BROAD STHEET, HEW YORK.RAILROAD SECURITIES

(An Intimate knowledge of all forthapast 10 YaaiS)A SPECIALTY.

fcInTeators or Dealers wlshlnx to bay or sell areTtted to oommonlcate. State, Mnniolpal andulway Bonds and Coupons bonsbt and sold at beat

liarkat Bataa.

Financial.

Howard LAm.ET, D. 0. Wnxims,Hambera N. Y. Stock Ezobange.

Howard Lapsley & Co.,BANKERS AND BROKERS,

No. B WALL 8TRBBT.Nawr York.

JOMKPOllOim. EDUABD MlBTBHB. AUO. NATKAa.

Pondir & Co.,stocks. Bonds A iBTestment SeenritiM,

30 EXCHANGE PLACE, NEW YORK.Orders executed on tha London and Baropaan

Markets.

Olliffe & Schmidt,No. 72 BROADWAY A No. 13 KEW ST.,

BROKERS FOR THE PURCHASE ANDSALE OF RAILROAD SECURITIES.

CORNELIUS W. OLLIFFB,Member of N. Y. Stack Bzchanaa.EDMUND P. SCHMIDT. "

Member of N. Y. Btock Exchange.

R.J.

Kimball & Co.,BANKERS AND BROKERS,

Ifo. 35 Naaaan Street, New York.Thirtaan Years' Membership In New York Stock

Exchange.B. J. KIMBALI,, A. B. LOITNSBBBT. F. B. B AI.H»t»

Members of N. Y. Stock Bxchanoe.

WM. C. NOYES,at NASSAU STREET, NEW YORK,

DBALBB IN

CAS STOCKS ASt> BO.\I>S,

,TELEGRAPH STOCKS,

TRUST COSIPANYS' STOCKS.

City and other Railroad Stocks* BondsAND

MISCELLANEOUS SECURITIK*«.

Randall & Wierum,50 EXCHANGE PLACE,

Brokers In Railroad Stocks and Bonds,

OOrERlTMBNTS * fOREIOlT EXOBAKOR,Chab. k. Randalu Otto C. WiiBini.Member N. Y. Stock Exchange.

J.S. STANTON,

DEALER INAmerican Cable Construction Compaay,Contlneata) Construotion and ImproTement Co.,

Nort,h Rirer Construction Company.Ohio Oentnl Subscriptions,

Kichmond A West Pt. Terminal A W*housln« Co.New York, Chicago A St. Ix>u1b Snbsoriptloo. and

all other quotable Construction Stocks.

17 NASSAU STREET,BASEMENT.

N. T. Beers, Jr.,

Brooklyn SeciBities, Ciljr Bonds.

Oaa Stoeka, dec,

No. 1 NEW STREET,NBW YORK.

Glazier, Kohn & Co.,BANKESS AND BROKERS,

U« BROADWAY AND 19 NEW STREET,

ITEW YORK.STOCKS AND BONDS BOUGHT AND BOLD ON

00MMI88I0N.

NE« YORK:OBO. W. CECII,,Member N.V. Stock 1

M. Zimmerman.

CINCTNNATI. O.:

W. P. TaoHAB.w. M. WiLaaiRS.

CeciljZimmerman & Co.BANKERS AND BROKERS.

74 BROADWAY, NEW YORK.«« WEST THIRD ST., CINCINNATI, O.

J.D. Probst & Co.,

STOCK AND BOND BROKERSNo. M BZCRANaB PLACE. NEW TOKK

STOCK!. RAIUIOAD BONDS. OorBHNWBim ANDMuaBu.AjiB0(7B tmoBumam Booon abo Soia

Boston Bankers.

Foote & French,BANKER*,

AND DRALKH8 IN

tiOVERNMENT BOND»«or ALL laSUBB.

aoHuiaaioit ososaa mxmovtmd im

BOSTON,

NEW YORK,PHILADELPHIA,

Mo. 7 OOVOBESS STREET ANDNo. S ODNOREBS 8QUABE,

BOSTON, MASS.Brewster, Basset & Co.,

BANKERS,Flo. 8S CONGRESS MTBKET,

BOSTON.MEMBERS or TUB NEW YORh AND BOBTOtl

STOCK EXCUANOBS.ALSO,

Oealera Ib Mnnlclpal, State. Railroad andUnited Statea Bonda.

Parker & Stackpole,BANKERS,

No. 68 DEVONSHIRE STREET,

KOSTO.\.

Tower, Giddings & Co.,BANKERS,

No. 83 DEVONSHIRE STREET.BOSTON.

Orders for Stocks executed In Boston. Naw Yorkand other marketa.

C.Kas. A. Sweet & Co.,BANKKRX

Sit HTATK MTRKliT, KOMTON.

DBAl^KRB IN GOVERNMENT SECURITIESState. Oltr.Onnntr and Railroad Bonds.

PliilHdol|thia Bankers.Geo. C. Thomas. Job. m. SHoBifAKBm.

Thomas & Shoemaker,BANKERS AND STOCK BROKERS,

134 Seath Third St.. PHILADELPIIIA.Dealers In all Issues of United States Bonds.

Investment Securities a specialty. CorrespondenceInvited and full information upon flnanoial snblactafttrnlshed. _^^__

A. P. Turner & Co.,BANKERS,

No. 307 Walnnt Place, PHILADELPHIA.Oovernment, Plate, Municipal and RallwaT Bonda

and Stocks bouRht and sold at ail too K.tcnanges.Investments prudently made In sound rallwajr ae*curltiea. Collections promptly attended to.Correspondents careruilv represented at Auctions

and Private Sales. Bonds of good but not walkknown railroads always wanted for investments atthe best rates. Orriers on niitrvtns not entertained

Baltimore Bankers.

Robert Garrett & Sons,BANKERS,

No. 7 SOUTH STREET.BALTimORB.

TKANSACT A OENEKAL DOMESTIC AND fORBIQN BANKINO BUSINESS.-

SethH.&H.B.WhiteleyBANKERS AND BROKKKS.

No 27 OERMAN STREET,P. O. Box 313. B \ LTinoRB.

Depoalta reoelTed subject to check st slxht. andInteraat allowed on dally balances.

Stocks. Bonds, Ac, bought and sold on commlaslaaIn any city. Particular attention glvea to Inlo^

aattuD regBWIIin InTaataent Beonntm .

Baltimore Bankers

Wilson, Colston & Co.,BANKBR8 AND BR0KKB8.

BA LTinOBB.nmWTMlCNT Md VIKOINIA SBCDKITIBS «

"oStJipoiKlmo. .oMcit.J and Information tut-

°N^^. COKBMroNnErr»-M«Klm Brothers * Co

THE CHRONICLE.

lVe§tem Bankers.

ivoi, xxxrv.

UONABD jtirrarwB.

gouUiern Uaiikcrs.

TaO».P.MII.LKB, B.D. WILLIAMS, JNO.W.MILLKBCHA8. B. MILLIB.

Thos. P. Miller & Co.,BANKBKS.

nOBILE, ALABAIQA.HMOlKl »ttentton paid to ooUeotions, w<ih prompt

(^StUanooB at current r»t«i ot aicnanut. on aay of

'^re"ondent..-NatlonalBanl;ot SUte of Newlork Now fork; LouHiana National Bank. SawOrl''ii'n» i

Bank of T.Werpool. Liverpool.

WM CCouBTurr.Prea. KaaMT H. PBiNOLS.Caab

BANK OF CHARLESTON,NATlOfCAL BANKINO ASSOCIATION.

CHARLESTON, 8. C.

6PBC1AL ATTENTION OFVEN TO COLLW?nON8.

B. B. BUB&ITSB, weal. A. K. Walkib. taanier

First National Bank,WILMINGTON, N. C.

OollMtloDS made on all parts of the United States

BrHrniAXRY A, CO.,STOCK BROKBRS,

RICHMOND, VIRGINIA,Buy and sell Government, SUte, Municipal and

Ballrsad Bonds and Stocks. Ac. Virginia State Tax-Eecetvable Coupons bought and sold. All orderspromptly attended to „ . _^

New York Correspondent. VBRMILYB A CO-

THOMAS BRANCH & CO.,BANKERS AND COMMISSION MERCHANTS.

RICHMOND, VIRGINIA,Informitlon on all classes of Southern Securities

•spedally State Bonds. Tax Coupons, kc Correspondence aoltcited.

MEECHANTS' NATIONAL BANK,RICHMOND, VIRGINIA.

Collections made on all Southern points on bestImna ; prompt returns.

JOHN P. BRANCH, President.J. B. MOBTOH. Cash. Fbkd. B. Scott. Vtoe-Prest.

BdwardsWhitakbB..Member N. Y. Stock Bxob.

Matthews & Whitaker,ST. I.OCI8, MO.,

BROKBBS AND DBAIjBRS IW

State, City, County and RR. Bonds Si Stocka

Orders receive prompt anrt personal «i*,f""°°j,._Correspondents, Messrs, MaiwelLA Gnives, NewYork City, and Messrs. Blako BrotKBrs &York and Boston.

t Co., New

HARRIS & RHINB,BTOCK AND BOND BROKERS,

AUGUSTA, GEORGIA,Buy and sell all kinds of Investment Securities

Ontrlght or on commission. Information furnished.Orders and correspondence solicited.

'We§tem Bankers.

A. Prisci>tt, Pres. John Fbancis, Cashier.P. I. BONEBBAE*. V-Fres. K. B.FBI80OTT,As.CaSb.

CENTKAL BANK OF KANSAS,SUCCESSORS TO

A. FREl^COTT dc CO.,BANKERS.

ravltal. ........... C100,000TOPEKA, KANSAS.

Municipal Bonds and MortKage Loans NegotiatedUht per cent Farm Murtgajies a specialty. AI, KNERAL BANKING BUSII^BSSTRANbACTB^Collections and correspondence receive prompt at-tention.COKHKSPONnENTB.— Boston, National Bank of

North America; New York, American ExchangeNational Dank and Ninth National Kank; ChicagoPreston, Kean * Co.; St, Louis, Third NationalBank ; Kansas Cltv, Bank of Kansas City and Mer-ehants' National Bank

Geo. a. LewM. Pres't. A. L. SOHXtsT, Cashier

First National Bank.U. 8. DEP08IT0BY.

L.OUI8TILLE, KENTUCKY.Special attention given to collections. Proceed

promptly remitted at best rates. Accounts ofBanks and Bankers solicited.

P. F. Keleher & Co.,805 OLIVR STBBBT, ST. LOUIS, Mo.nrst^lass Western Investment Securities forale. St. lK)uls City and SUtes of Missouri. KansiuL

ISfil'v*'**.".*" ?"" Colorado Bonds a speciaU?:

Jarvis, Conklin & Co.,LOAN BROKERfl,

KANSAS CITY, MISSOURI.''"^wj, r*pgi c''k"n^^^^^p'S6.x's?y""'"

V. Hogan & Co.,

113 No Third Street, St. Louie, Mo..John

PEALERS IN

Western and Southwestern Municipal and Railroad

Bonds or Stocks.

Defaulted bonds a specialty. Choice Investment

eeciriSes always for sale, \frritetous before you

b»T or sell any Illinois. Missouri or Kansas bonds.

»teainiilii|>!>.

Only Direct Line to France.

GENERAL TRANSATLANTIC CO.

BETWEEN NEW YORK AND HAVRE.From Pier (new) 42 North River, foot of Morton St.

Travelers by this line avoid both transit by KnK-

llsh Railway and the discomforts of crossing toe

Channel in a small boat.o a i m

ST. LAURENT, >ervan i^S*-w'^^^- ^ p" «•KBANLB. D'Hauterive Wed,, Feb, IS. iP. M.

CANA DA. Franguel Wed.. Feb. 22. 8 P. M.

Price of passage—(including wme,: 1.. Uavre—First cabin. »lou and tSO ; second i;abin. $60 ;

steer.

age »2(i including wine, bedding and utensils. Re-

turn tickets at very reduced rates. Checks drawnon Credli Lyonnais of Paris in amounts to suit.

FOR MARSEILiLES,TOUCHINQ AT CADIZ, GIBRALTAR * BARCELONA,The following steamers will leave New York direct

iOr Cadis, Gibraltar, Barcelona and Marseilles, tak-

ing freiglit and I'Bssengers: ._,.,•FERDINAND DE LESSKPS About Feb. 15

KATK.s OP PASSAGE— Fur Didis and Gibraltar—

first cabin, »75 and »90; for Barcelona and Mar-seilles—First cabin, $80 and tlOO. Steerage, »32.

Through bills of lading Issued to MediterraneanPorts, Including Barcelona, Algeria, Tunis, Genoa,Leghorn, Naples, Messina; also, for Trieste andConstantinople.N. B.—No freight taken for Gibraltar.

LOUIS DE BEBIAN. Agent,No. is Bowling Green.

Coninveroial C^rds.

THE PERFECTED

Cominercial__Car<ls

ESTABIilSHED 1833.

^ears & Cole«8TATIONBR8 AND PRINTERS.

Snpply Banks, Banhers, Stock Brokers and Corpo-rations with complete outfits of Account Books andStationery.jar" New concern^ organtzlng will bare their or-

ders promptly executed.

No. 1 WILL.IA9I STREET.(HANOTER SQUARE.)

Whiting Paper Co.,HOEVOHE, NASS.

Bankers* l^edser and Record PaperM.Machine Hand-Made Fapera,Aiitlqne Parchment Papcra.Plated Papers.Bond Papers.

AOBNTSJTAniES D. WHITMORB dt TO..

«5 BBKKMAN BTRKBT. NKW 70RK.

Brinckerhoff, Turner

& Co.,Manufactnren and Dealers In

COTTON SAILDUCKAnd all kinds of H X ' <

OOTTON CANVAS, FB.LTINO DUCK. CARCOVBRINiJ, BAOGINO, RAVENS DUCK, SAILTWINES, 4C., " ONTARIO " SEAMLESS

BAGS, "AWNING STRIPES."

Also, Agents

UNITHD STATES BUNTING COMPANY.A full supply, all Widths and£^lors,always In stock.

No. 109 Dnane Street.

E.R.Mudge,Sawyer&Cc^. AOKNTS FOE

WaabtnKton mills, Clilcopee MIfe. Co.Biirlinston Woolen Co..

Sllerton New millls,'

Atlantic Cotton millR.Saratoga VIctorTinrg;. Co., ocean imils.Peabodr iililla,

ANDHosiery and Knit UnderwearNEW TOR^r^"""" ^"'boston*8*« WHIT. BXgMT^^^jlByCaAUNCKT STK.k,J. W DAYTON, £46 OHISTNtTT BTRBBI.

TYPE WRITER.For the heavy correspondence of Mer-

cantile and Banking Houses and Corpo-

rations.

Used and endorsed by thousands of

Merchants, Bankers and otficers of

Corporations.

Every Machine guaranteed satisfactory

Send for circular with styles and prices

and selected list of patrons and testi-

monials.

E. REMINGTON & SONS,

281 * 283 Broad-tray. TS«V¥ Tork.

134 Suutli Seventh St., Philadelpbla.

38 madlson Street, CtalcaKO.

Bliss, Fabyan & Co.,New York, Boston, Philadelphia,

SELLING AGENTS FOB LEADING BRANDS

BROWN AND BLEACHED SHIRTINOSAND SHEETINGS,

PRINTS, DENIMS, TICKS, DUCKS, &0,

TAirels, Qnllts, White Goods and Hoslerr.

Dnllt, Sheelitigg, <tc., tor Export Trade.

• EUREKA"' OKIKNT.

WOKE8 AT Obiknt, L. I„ andRichmond, va.

The Atlantic & Virginia

Fertilizing Co.OFFER THEIR STANDARD BRANDS

AMWONIATED BONE SOPEKBHOSPHATB OF UUSANU

"ORIENT COMPLKTE MANURE,"And want a good working agent In every thjivln*cotton, tobacco, grain and truck growing conntr.Ap"»ly (with reference) to

W, G. CKBNSHAW, PreaU,Crknshaw Warehouse,

Klchmond, Va.

GOLD MEDAIi, FAHI3, 1879.

ill's CtUbraUd NumherSf

303-404- 1 70-35 1 -332,ond hi* other etylea may be had o/alt deaUr»

«, throughout Vie world.

MUTnAiiinmSURMCE COMFAEf

OF NEW YORK.T.S.WmSTON.PRESroKNI

/SSUES£VERr DESCRIPTION OF

UFIAMDENDOWMENTmmON TERMS AS FAVORABLE AS THOSE

OFANY OTHER COMPANYORGANIZED APRJLMTI1842

CASKASSETS 0YERS82LOOO.O00

fijAVAVClA, 188a. THE CHRONICLE. tfl

fnniirHnre.

OFPICK or THB

ATLANTIC :

Mutaal Insurance Co.,

NEW YORK, Janoary 29, 188S.

The Tnutoea, tn oonformlty to the Cbarter Of

Uie Oompauy, submit tbe foUowluK Statementof Its affairs on the 3l8t December, 1881

:

Piemiums on Marine Risks fromIM January, 1881, to 3l8t Ito-

oember, 1881 e4,039,487 10Promiuuis on Follolea notinarlted

off 1st January, 1881 1,687,534 47

Total Marine Premiums $5,627,02157

Premiums marked off from Ist

January, 1881, to 31st Deoem-ber, 1881 $4,110,170 72

paid during tlie samelierioo. $1,773,882 80

Returns of Premiums and Ex-penses $924,227 02

• 'ile Company has the followtug Assets, vta.:

muted SUtes and State of NewYork Stock, City, Bank andother Stocks $8,965,758 00

Loans secured by Stocks andotherwise 1,729,500 00

Real Kstate and Claims due theCompany, estimated at 491,148 18

Premium Notes and Bills Re-ceivable 1,631,294 23

Cash In Bank 347,765 99

Amount $13,163,466 40

BIX PER CENT INTEREST on the oubstand-oertUicates of profltti will be paid to the holdersthereof, or their legal representatives, on andafter Tuesday, the Seventh of February next.

THE OUTSTANDING CERTIFICATES ofthe issue of 1877 will be redeemed a^d paid to

the holders thereof, or their legal representa-tives, on and after Tuesday, the Seventh of Feb-ruary next, from which date all Interest thereonwill oease. The certiUoates to be prodooed atthe time of pa^'ment and canceled.

A DIVIDEND OF FORTY PER CENT is

declared on the net earned premiiuvs of theOompauy, for the year ending 31 st December,1881, for which certiUoates will be issued antnd after Tuesday, the Second of May next.

By order of the Board,

J. H. CHAPiUAN, Secretarr.

TKCSTEKSiJ. D. Jones,

Charles Dennis,

W. H. H. Moore,Lewis Curtis,

Charles H. Russell,

James Low,David Lane,Qordon W. Bomham,A. A. Raven,Wm. Sturgis,

Be^lanun H. Field,

Joslab O. LowWilliam E. Dodge,Royal Plielps,

Thomas P. Youngs,0. A. Hand,John D. Hewlett,William H. Webb,Charles P. Burdett,

Horace Gray,Edmund W. Corlles,

John Elliott,

Adolph Lemoyne,Boht. B. Mlatum,Charles H. Marshall,George W. Laue,Edwin D. Morgaa,Robert L. Stuart,

James G.De Forest,

Samuel WUletU,Charles S. Leverloh,

William Bryce,

William H. Fogg,Thoma& B. Coddington,Horaee K. Thurber,William Degroot,

Henry Collius,

John L. Rlker.

_ J. D. JONES, President, '-.

^GBA&I,£8 DENNIS, Vice-Presldeot.

W. H. H. MOORE, 2d Vloe-Pre»id«ni.

'X A. Ai.yES, 3d Vic»^Pr«sldeu»

Cotton.

uaajiikN.siBAaAii « Co., Lbumui l>uBS«ueMew Url«ftn«, La. Mont omerjr, Ala

LEHMAN BRO'S,

Cotton FactorsAND

ooramissioN nffRRcnANin,

40 SXCHANQS FLACK.

New York.omen exefiutod at tbe Cotton KxcbeTifoa in Se^

Vork ftnd LlTcrpool and wlTincM made on CoiiOLand oUier produce coatiKned to oi. or to oar oorre-

•D^ndecta In Llrerpool, MeRtn. tf. HawfaM * Co.and Mea»r«. L. Roienbelm A Bona.

OHAS. r. HOHOR8T, JOHN R. BARRSTT

C. F. Hohorst & Co.,C0TT«!«

COMMISSION MBilCHANT.-^N*. lis PEABI. 8TRKET,

(Seiv trork.Receive Consignments of Cotton and other prodoc-LIBKKAL A0VANCB8 MADB.Special attention fflveo to orders for the pttrohase

and sale of Contracts for Fature DailTery of CottuD.

Bennet & Fotilke,4;U!nitIli»!!»ION MERCIIANTIi,

131 PEARL 8TRBKT,NEW YORK,

special attention given to the execution of urderrfor the pttrcbuae or sale of Contracts for Patnredelivery.

E. S. Jemison & Co.,BANKERS

AND

>OTTON COMMISSION MERCHANTS,

No. 10 Old SUp, New York.

Jemison, Groce & Co., GalTegton, Texa*

Robert Tannahill& Co.,

Cotton Commission Mereliants,

Cotton Exchanse Balldlns. NEW TOKK.

Special attention Elven to the pnrclMse and sale ofFuture Coutracta.

Wm. Felix Alexander,COTTON BROKER,

AtlBVaVA, OBOROIAKntlre attention iclven to purchase of COTTfu*

UKUBH tor 8F1NNRK8 and EXi>(>KTKt«CoBKSspoimKirox Solxoitmd.

Keferences :—National Baalc of Aasntta, &eorri ,

Henry Hentx A Co., Commission Merchants NewYork; William B. Danaa Oo, Proprietors Coiuoiiouj. AXD KihamoiaI. CHBoinai.x. and other NaVmlr Hni>.««

John F. Wheless & Co.,C01T0N

oommssioN niBRoaAN-rs,NASHVILLE, TENNESSEE.

Special attention given to Spinners' orders. Correspondonce solicited.UsrKUE.scE.s.—Third and Fourth National Banka

and proprietors ot the CHaoKici^.-

Parisot & Campbell,Cotton Factors,

VIOKMBVRG, nilSS.Orders to Purchase tattoo in oar market solicited

Refer to Messrs W MiliWABD * STILLUANNew York.

A. L. Leman,COTTON BROKER^

No 160 SECOND STREET.MACON, GEORGIA.

Entire attention paid to purchase and ihlrment ofCotton on order tor dpinners and ExportersBest of rafateooas (•'^alahad. Oorraai

•oUolted.

Cotton.

Fielding & Gwynn,

COTTON FAcrrouii

oMMiSSION HBKCHANT^',

1« * IH Kzckauie Place,

Po«T BDiLOijro. NEW YORK.

B.F.BABCOCK&CO.COMMISSION MKRCHANTfl,

IT Water Ntreet, LIVERPOOL,sattve coaatcDiBenla of Cntton and other Prodaee

and neeote orders at the Kxcliangeain Liverpool.Represented In New Vork at the omce of

BABCnOK BKOTHKK8 * CO.,90 Wall Strbbt.

Waldron & Tainter,MBNBB«L <iOTTON MRRCHANTS,

97 PEARL dTBEET, NEW YORK.**Katnre ** orders executed at .N. V. Cotton Kxoh's*

H. Tileston & Co.,COTTON, ST04:K8, BON DM. *c.

<S WILLIAM HTKUKT, NEW YORK,th-dars la " ITatnres" execntad ( N.Y .< 'ettoa xei>

.

F. Hoffmann,COTTON BROKER AND AGENT,

88 RtTE DB LA BOCRSE, HAVRE.

Geo.H.McFadden & BrofOTTON FACTOR**

AND COMMISSION MERCHANTS131 CSeatnnt St., PUlaAelpUst.

Wm. Mohb. H. W.Hamxmann. Clxmxns Fischkb

Mohr, Hanemann& Co.,

123 PEAKL 8T. 186 GRATIER HT..

New York. New Orleans, La.

SPECUI. Al'i'lUriJOX OlTEN TO THE LXZOtmoil

OV ORDERS roK FUTURE CONTRACTS.

Geo. Copeland & Co.,OOTTO:!) BROKERS,

136 PBARt> NIRBBT. NEW YORK.

Hughes, Carter & Co.,COTTON BUYKBS,

MOBIU, ALA. HERIOIAN, BfltM.

THE BROWNCotton Gin Company,

NEIV I.ONlM>N, CONN.,

luufurACTuaiiis or tbi cilcbratbd

Brown Cotton Gins, Gin Feeders amiCondensers.

COTTON GINS FOR EXPORT.

Wire Rope.STEEL AND CHARCOALIRON of superior qnailty

snltable for MININO AMDIIOISTINO PURPOSES,

[ Inclined Planes, Tfmnsmls-ilon of Power, &c. Also,Salranlsed (.'hnrcoal andBB for Sbtpa' RlmnnK. Sns- •

fpansloa Brtdjtos, DerricklUurs, Ferry Kopes, Ac Aflarge stock constantly OBband from whleh any de-sired lenjTths are cut«rLATSTKKL AND IKONROPES for MIninit pur-posea manafactured to or-

.roiiiM w. itia'son a. co.,13 Hroadwar. New tTork

HENRY W. IIAKTKK, ATTORNEY.Canton.Ohio, conducts sU olasi

Iduals, rallroadsaBdoUMTand C. H. Courts. BanrstoCAnltman.Csatoo 0>

Ohio, conducts sU classes of cases ajraloat IndlT*Id uals, ral hroada andoUmt oorporaUoos^loboth Stato

Isaac Hartar~aMew- -

I Hartar a Soml Cbbmb, C: Koamaa BraeTurk I Jta-Cklanastloe Acaaw. BaarA»m

m THE CHKONICLE. [Fkbruabt 4, 1882-

Cotton.

Woodward & Stillman,POST BDILDINO,

tor. ExchaBge Place, HnnoTer& Bearer Hu.

[RX^B 0» CD8TOM HOUn].

NEW YOKK.,

WENBBALCOMMISSIONMERCHANTS

LOANS BIADB ON ACCBPTABtBSBCVRITY.

Uberal «<lTance» made on Coiwlltnmenti.

Rpeda) attention paid to the erecotion of orden

for the porohaae er aale of oontraota for future

dalirerr of cotton.

"COTTOIV MOVEMENT »

CHART.An exhibit of the Cotton Trade of the United

"• "0"°-31 Broad Slreet, New Vork.

Cotton.

Rogers & Pendleton,COMMISSION MERCHANTS,

KO. 9r PKAKL STREET, NEW YORK.Advances made on consignments of Cotton, Qraiu

"but "ari/sefrcontract. for future deliyery of

Grain and Provisiong.

INMAN,SWANN&CoCOTTON MERCHANTS,

COTTON EXCHANGE BtnLDING,

New Fork.

LOANS MADE ON

SOVTBERN SECURITIES.

Misecllaneoag.

Walter T. Batch.Ifath'l W. T. Batch.

Benru P. Batch.Arthur M. Batch.

W. T. Hatch & Sons,BANKERS.

14 NASSAU STREET, NEW YORK.

BRANCH OFFicisJ .^^„ Chapel St., NewHavea

Personal attention given at the BXCHANGKS tothe purchase and sale of SlOCKSand BONDS forcash or on msr^ln.DKKOslTS KKCKIVED—subject to check at sight

—with interest upon balances.Special attention paid to INVESTMENTS and

aCGOUUU of COUNTRY BANKERS.

Wm. Hcnby Woods. 8. O. HmtPHT

Woods & Murphy,(POST BCILDISO.)

le & 18 Excbanse Place.

COTTON, STOCKS AND BONDS.

OltDBJlS IN FUTVnS CONTRACTS

MZ£CUTED IN NEW YORK AND LIVERPOOL

r. O. BOX 2S48. NEW TOB.K..

J.F. Crumble,

114 Pearl St., COTTON, New York.

Special attention (tlTen to orders for the bnrlnc

and sellInK of Cotion »ob FoTDiut Dkuvibt.Member of Cotton Exchange. __

William H. Beede & Co.COTTON BROKERS,

No. 114 FEAai. SXKBET.

'j. P. Billups & Co.,

7

COTTONCOMMISSION MERCHANTS

Noa. 16 & 18 Bxcbanee Plaee,

POST BUILDING, NEW YORK-

Special attention glTen to the Purchase and Sale

of Contracts for futtire dellTery of Cotton.

WALTER &KROHN,COTTON BROK . RS,

S3 BEAVER STREET, WB1» yOKK .

~jdHN H. CLISBY & CO.,

COTTON BXITERS,

MONTGOMKH.Y, ALA.PUBCHASC ONLY OW OBDBRS, »0I» A COMMISglOW

HUtBY M. KVANS, CHA8. fRANCIS BUBB,Member N. Y. cotton Exchange.

Evans & Beebe,Noa. 42 Sc 44 NE\r STREET.

SPECIAL ATTENTION TOPuTchaee and Sale ot Contracta tor Future

Delivery.

Wabxim Eitkn, Jb. John M. Bwbn.

Ewen Brothers,

COTTON BROKERS,Maa. 31 & 33 Broad Street,

NEW YORK.

J. W. HiNSON. A. R. Blocnt,Member Cotton Kxch'ge Member Produce Kxch'ge.

R. U. ROUNTKKK, special.

Hinson & Blount,COTTON FACTORS

And General Commission Mercliants,

89 PEARI. ST., NEW YORK.Bpeelal attention given to the execution of OB-

DBRS FOR FUTURE DELIVERY OF COTTONAND PRODUCE.

Henry Hentz & Co.,GENERAL

coninissioif ribrchanxs,8 Soatta IVUllain St., New York.

Advances made on Consignments to

Oleaara. JAUIES FINLAY dc CO.,L,IVERPOOL, LONDON AND GLASGOW.

\lso execute orders for Merchandise through

tneaare. F1NI.AY, ISUIR dc OO.,CALCUTTA AND BOMBAY.

CONTRACTS FOR FUTURE DELIVERY COT-TON bought and sold on commission in New Yorkand Liverpool: also at New Orleans through Messrs.Samuel H. Buck jt Co.

,

Gardes & Wisdom,COTTON

COMMISSION MERCHANTS,NEW ORLEANS, L.A.

Special attention paid to the execution of ordersfor the purchase or sale of contracts for futuredellverj of cotton in this market. New York andLlTerpool.

HOMEinsurance Company

OF NEW YORK,OFFICE, 119 BROADWAY.

FUtr-SeTemtb Seml-annaal Statement,

SHOWINO THK

CONDITION OF THE COMPANY ON THK FIB8TDAY OF JANUARY, 1862.

CASH CAPITAL $3,000,000 00

Roaerve for Unearned Premiums 1,943,733 00

Reserve for Unpaid tiosses 245,595 38

Net Surplus 1,800,180 90

CashAsseU $6,995,509 V!6

SCITIMARY OF ASSETSHeld in the United States, available for the PAY-MENT of LOSSES by KIKK and for the protec-tion of PoUcy-Uolders of FIRE INSUKAPjCK : .

Cash In Banks tl30,lT2 »1

Bonds and mortgages, being flrst Hen on,

real estate (worth »3.600,750) 1,55535Ij 00

United States stocks imarRet value)— 4,079,50(1 00Bank & HR. stocks 4 bds. (market value) »i'4,«25 00State and municipal b'ds (market value) 121,750 00Loans on stocks, payable on 'Iprnand

(market value of coll»terMB,t341.S07 BO) 229,750 00Interest due on Ist January, lBt2 ?5'2!S iSPremiums uncoU'ct'd & in h'nds of agts. oO.BSi U9Real estate 47,391)68

Total |6,895,50» MCHAS. J. MARTIN, President.

J. H. WASHBURN, Secretary.

JETNAInsurance Company

OF HARTFORD.Assets January 1, 1881 $7,424,073 72

Liabilities for unpaid losses

and re-Insurance fund 1,694,80180

Capital ^ 3,000,000 00

NET SURPLUS $a,7«9,a71 9*

No. 2 Cortlandt St., New York,

JAS. A. ALEXANDER, Acent.

HYMAN8 & DANCY,NoBroLX, Va.

Dancy, Hyman & Co.,COTTON COMMISSION MERCHANTS,

97 Pearl St., New York.Special attention given to the purchase and sole

of contracts for future delivery.

James F.Wenman& Co.,COTTON BROKEBb,

If«. 146 Pearl Street, near Wall, N. t.BsUblished (in Tontine Building) 1840.

Dennis Perkins & Co.,COTTON BROKERS,

117 Pearl street. New York.OMers for Spot Cotton and Futures promptly •<*

Geo. Brennecke & Co.,COTTON BROKERS,

No. 110 Pearl Street, Neiv York.

Ftn:UBI CONTBACTS A BPBCIALTT.

Jno. C. Graham & Co.,(Successors to R. M. WATERS A 00.)

BANKERSAND

COTTON COMMISSION MERCHANTS18 Wllllain 8treet, New York.

INVESTMENT SECURITIES BOUGHT AND. OLD iOL. A COMMISSION.

North British

& Mercantile Ins. CoOF

LONDON AND ED1NBUR«HUnited Stales Board of Management.

NEW YORK :

SOLON HUMPHREYS, Ch'r'n,(B. D.Morgai. a V'

DAVID D0W8, Esq. (David Dows A Co.)

E. P FABBRl, Eeu. (Orexel, Morgan & Co.

.

Hon. 8. B. CHITTENDEN.EZRA WHITE, Esq.J.J. ASTOtt, Eeq.

CHAS. E. WHITE, SAM. P. BLA«1>KN,

MANAGE tiS,

OHIee S4 WUUam St., New Vorh.

HBNBT H. WABK. OnjAAT SCHBOIDU

Ware & Schroeder,

CJTTON COMMISSION MERCHANTf*

111 Pearl Street, New York.

Speolal attention paid to the execution of orders

for the purchase or sale of contracts for future de-

Uverr of eotton. Uberal advanoa* made on oon-

iWnimenM

(commercial

(union Ins. Ca(OF LONDON),

ALFRED PELL,JtesiJenl Manager,

3r & 89 Wall Street

February 4, 1882, Vol. 34, No. 867 - FRASERAND xmm HUNT'SMERCHANTS'MAGAZINE,...

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Transcript of February 4, 1882, Vol. 34, No. 867 - FRASERAND xmm HUNT'SMERCHANTS'MAGAZINE,...